Folks, as we continue to slide down
the slope of world relevance economically, the masters of Wall Street are
cleaning up. We gave the world our industrial base and wealth on a sliver
platter and even won’t challenge the theft of our intellectual property,
other than using it as an excuse to regulate the internet. How did come too
this, the answer is very clear, the close ties of the Federal Government, Wall
Street, the biggest banks, and largest financial institutions. As my motto
states: In Washington,
“When the money talks, our freedom walks.” And it has walked our
economic and social status down the path of less relevance economically in the
world today because of this cozy relationship of government and economic power.
There will come a time when the
world’s house of cards will come falling down again and it will, because
the only reason the economic super powers are still in existence is the fact
that the central banks here and around the world continue to print money to
support them. They believe they can make this last but folks I believe it
won’t go beyond 2014, when the reality of this house of cards will fall. It
can’t continue because there is less and less productive money the
world’s economic system than ever before. Productive money is where you
produce and sell things, not just trading paper or printing money. This allows
the economic elite to continue their robbery of everyone’s future wealth
through the hyper-inflated path of printing money.
Is there a way out of this, yes but
there is no political will to do so because our Federal Government and other nation’s
governments do not have the political will to do so or in many cases the
intellectual ability to do it. Here is what I believe will be a great start in
correcting these unbalanced influences in government:
1.
Stop politician’s revolving door into the financial
world after serving their term, supposedly working for you and me, in public
office.
2.
Minimally, enact laws to control these sectors so it will be
impossible for their influence to ever cause another collapse or influence the
government spending another dime on their behalf. If they can’t survive
due to poor management, then let them fail as all other businesses are required
to do.
3.
Better yet, break up the biggest of banks and dissolve the
national banking system, let state, local banks, and credit union absorb their
assets.
One of the best interviews I ever saw
regarding what needs to be done was Neil Barofsky, Inspector General of the
TARP program, on 10/26/12. Mr. Barofsky’s in depth knowledge of how the
largest of banking and financial institutions influenced what path the
government took in resolving these issues is something all of us need to
understand. This interview will give you the reality which exposes the
influence these institutions have on our government, so it will help people
understand how and why the 2008 collapse happened and why nothing major has
been really done to correct it, just window dressing laws:
If something major doesn’t
happen like outline in this interview and what I see needs to be done for a
start to correct these issues, there will be another major collapse and seeming
we haven’t recovered from the last one, the shock of such a collapse has the
potential of making the last one look like a picnic.
Greg Goodwin
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