It's All About the 115 Trillion Ton Gorilla in the Room...It's a Pretty Big Thing

Dear America,

happy thursday.

to save time, let's just assume I know everything...

that's kinda funny, isn't it.  read it on a t-shirt once and stored it away with the apples of my cheeks just waiting for the right moment to insert a nugget of silly.

Considering the mood I'm in and from where I sit, me thinks the world could use a little silly.


Scratch that -- we have the world on fire in every which way to Sunday and what do we silly Americans do?  Escape -- as the top Google trends in recent days have included Demi Moore, Kim Kardashian, gift ideas and apple juice...

seriously people?

As if we don't have enough issues here at home with our own Central Bank "helping" us too much, now we have to be concerned with the entire world of central banking going gangbusters and global.  And the market is happy with this?  [see Wall Street's best day in years, just yesterday; right...but we hate Wall Street....I betcha even Alec was okay with what happened @Wall and Broad...tweet that, baldwin-boy]

If you have some time, here is an interesting overview, from The Atlantic. In a nutshell, here ya go:

"Don't be fooled by Wednesday's early stock-market rally: Hardly anyone believes that the central banks' actions are anything but scotch tape over the shattered window of the European economy."

got that right.

We, the people of silly Americans, are all aflutter from a five hundred point leap in the market, when we are in fact trillions in debt.  And we're not talking about the mere 15 Trillion it shows on record as our 'national debt.'  Hardly.  We're talking T  R  I  L  L I  O  N  S.  Honestly, it's an amount that will take multiple generations to pay back...if ever.  Collectively, we have stored in the apples of our cheeks not for the future, but for an onslaught of future unfunded financial liabilities, and all we keep doing is try to stuff in more.

From my favorite libertarian hang out, The Daily Bell, I bring you sustenance, including alternative perspective with plenty of back up [and may I recommend you take a basket with you...plan to camp out, take a picnic perhaps, for there is just way to much going on here].

Like most things, some of the most fascinating information comes underneath the article itself within the commentary back and forth.  The Daily Bell responds actively to questions posed by suspect minds, sharpening the original argument to it's finest pithy points.  Let me elaborate a wee bit....

From The Real Reason Bloomberg Sued to Open Up Fed Records:

"There have been a lot of reasons advanced as to why the New York Fed printed as much money as it did, but most of these elaborate justifications are just that ... justifications. What the elites of the day did during the "Roaring Twenties" (that they created) was to DELIBERATELY destabilize and undermine the system. It was probably done on purpose (in hindsight) to create a depression and perhaps a war that could then give birth to a new world order.

And in fact, this is exactly what happened. World War II gave way to a whole panoply of global institutions: the IMF, the UN, the World Bank, the World Health Organization, NATO and more recently, the International Criminal Court. We are expected to believe this was some sort of coincidence, a "reaction" to the second Great War. Was it really? Can we STILL be so sure in this era of the Internet?"

From The Daily Bell, in the comments section:

"The Fed, headed by Chairman Ben S. Bernanke, argued that revealing borrower details would create a stigma -- investors and counter-parties would shun firms that used the central bank as lender of last resort -- and that needy institutions would be reluctant to borrow in the next crisis. Clearing House Association fought Bloomberg’s lawsuit up to the U.S. Supreme Court, which declined to hear the banks’ appeal in March 2011.

$7.77 Trillion

The amount of money the central bank parceled out was surprising even to Gary H. Stern, president of the Federal Reserve Bank of Minneapolis from 1985 to 2009, who says he “wasn’t aware of the magnitude.” It dwarfed the Treasury Department’s better-known $700 billion Troubled Asset Relief Program, or TARP. Add up guarantees and lending limits, and the Fed had committed $7.77 trillion as of March 2009 to rescuing the financial system, more than half the value of everything produced in the U.S. that year.

----

The 7 trillion is only part of about US$16 trillion that was revealed by an audit initiated by Congressman Ron Paul ... We subtracted about US$3 trillion because ... "Of the $16.1 trillion loaned out, $3.08 trillion went to financial institutions in the U.K., Germany, Switzerland, France and Belgium, the Government Accountability Office’s (GAO) analysis shows."

Our central bank has already loaned out $3.08 trillion to financial institutions in the U.K., Germany, Switzerland, France and Belgium ...according to our own GAO!  Who's paying for that?  I'm not paying for that.  Are you?

Oh, but lookie there, Paris Hilton just got a new 280k Ferrari...
and Demi and Ashton are splitting up...

and Kim Kardashian is divorcing her husband of 78 days...

and...

and...

and...

and we're trading dollars for euros on borrowed time.  everything should work out just fine.

Make it a Good Day, G

OWS should be storming the White House and The Federal Reserve Bank.

This might be a good time to sell.  But what do I  know, I'm just the 115 trillion ton gorilla in the room.

Dear America,

So the Free Market used to be something we valued, cherished, and more or less, became the very thing synonymous with the word AMERICA.

The whole idea of collective bargaining itself, really began with the mandate enacted by our founders:

"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."  Preamble of the Constitution...

With John Adams chiming in to make it very personal:

 "to see rising in America an empire of Liberty, 

and the prospect of two or three hundred 

millions of freemen, 

without one noble 

or one king 

among them."

So being quick to point out the obvious, we got to the 300 mil part --  oops-y-daisy, how about that, and we're back to being run by the power elite... the powers that be within the institutions of banking, governing, regulation and trade...a.k.a. those far nobler and wiser than I.


Can we be honest, the day things truly went belly up was the day the Central Banking System began babysitting our money  (let alone creating the methlab back behind the garage, fabricating the real stuff into a street drug of choice, attracting buyers from all over the world...it looks like money, acts like money, it must be money).

But of all things to do...leaving it, our money, and thereby us, in the hands of basically strangers like that...

...ever since then, the seeds for planting even the slightest indiscretion, to leaving room for salacious falls of human nature, give rise to what we see happening today...the pointing of fingers, the hiding of the paraphernalia, the ability to look back and rationalize what we have done, just plum opening the door to bad influences... on what otherwise is something chock full of good character,  and then, just when we realize we know we're in trouble, only begin to entertain thoughts that  make our hole even bigger -- tell another lie -- let's just make more of it -- making things only worse.

America was never intended to operate under any other regulation other than good, sound, principles and values -- beginning with the integrity of each and every person; the "collective" was each one of us individually standing for freedom and liberty for all of us.

As always, one of my favorite places to hide out, to figure out what's up, down, backwards and sideways, is via The Daily Bell and this morning is no exception; a fascinating conversation is going on right now, combining elements of terrorism, the power elites, espionage, hush money, play money, inside job, outside influences, sub-prime characters and big time pushers -- you name it, it's the reason for it -- all to describe the "2008 Crash..."

Central Banking was, and is, the worst idea ever to step foot in this house -- and it shouldn't be invited back -- along with the host of ill advised characters hangs around with it; while this gets back to our thoughts of yesterday, and the day before, who do we let our children hang with; what do we let them to listen to, where do they go all day long, and just who is keeping them in their safe care?

okay...so it's a roundabout way of bringing the conversation closer to home...whateverrrrr...

How about this news you can use, and coming to you by way of ASaMOM.org:  "instead of teaching the Preamble and Constitution as it is written, schools from coast to coast are indoctrinating children to Socialism thanks to a company called Teacher Created Materials."

The featured article "as a mom" instinctively redirects us to, is currently being unleashed on  THE BLAZE.com; and...all of a sudden, still feeling a little woozy...

...with wounds fresh from the culprits and shenanigans of central banking running amuck, within and around our house of reasonable calm and order,  principle and honor...as if that weren't enough...

...I think I need to sit down...

[after taking a moment for a few long, sweeping  breaths]

things seem to be getting clearer; I get it now;  we're no longer in Kansas anymore, booboo; for not only do we have to worry about the roof over our head, but the very foundation laid to rest -- no longer safely nestled in our bosom, for it's in the arms of total strangers near and far.

Our children are being used to create a new america, by indoctrination;  going so far as changing the meaning back behind the words of our very own Constitution, adulterating the preamble with the tinge of social justice reforms; is nothing sacred anymore?

Long gone down the road, the utterances of transcendentalists, like Emerson, elevating individualism to a life force far beyond it's measure in gold -- who in good turn,  leave their mark, a lasting impression, upon the hearts and minds and futures of a budding generation; no, our children never get a chance to understand the deeper thought, the truer, richer, collective meaning behind a preamble such as ours, with enough strength and conviction to build a nation, if we truly let it rip for even so much as a minute.

That 'general welfare' now includes "all basic needs" (housing, transportation, health care... and labor laws...)  That THIS is being TAUGHT to our babies... is just enough for G to totally OD for one day.
 
If it's not the outside, it's the inside, wreaking havoc upon the lifespan of America; will we ever be able to get ourselves clean in time?

"For every thing that is given something is taken...

Society acquires new arts and loses old instincts"

Ralph Waldo Emerson

Make it a Good Day, G