EDITORIAL
Warning from Left Field
Something Congress is not considering.. along with everything else they're not considering..  

March 22, 2009

(Die Weldt) - There is a simple fact which has been lost between the crackpots who are shuffling about in the economic quicksand of their own making. Following Obama's ideas will weaken our military and the perception of our military. And it will be the final 40mph wind which will create the super-storm which will destroy our money.

Now, you must understand, our money is already worthless - not just the US Dollar, but the Pound not-so-sterling, the Euro, the Yuan, the Yen. Not more than one percent of the currency around the world is supported by anything other than what a country or group says it's worth.

Let me repeat myself -

There is not one currency - even the Swiss Franc - which is backed by anything except what the silly paper-traders say it's worth.

But the world continues on, thinking the Emperor is "dressed to the nines."

Sage white heads at Harvard shake back and forth. Phrases such as "velocity of money" and "hegemonic fungible impunity" fill the air as if they were magic phrases uttered to keep the wicked economy witch from the door. But the sage white heads at Wharton and USC Int'l Business College know the dirty little secret which will feed on the inexperience of our current president -

The strength of our money is based on our military might and the will to use it.

For the current occupant of the White House, this is a huge "OOPS!" Barack Hussein Obama is dedicated to reducing the size of the military. He says he's doing it so we can all be friends with the world, which is admirable, but has never worked, yet.

Most countries in the world want us to do what Ernst Stavro Blofeld wants to do to James Bond. They don't want a "cum-by-ya" moment. The very idea that they do is as dumb as the opinions of Quentin Hardy.

To this point, when the now obviously inexperienced Obama looked as if he were going to support the military, "experts,"began recommending the creation of a world currency, which would have the same effect as trashing the dollar.

Now that they are hip to the fact that he doesn't really mean it, they're stuffing it away to be brought out for AFTER the fall. To be fair, there are those who think that both should happen, anyway, because the US is "eeeeeeeevilllllll."

So here's what will probably happen.

We are all Jews, and this is 1934.

At the very least, we are 18th Century Scots in debt to England.

All.. ALL in the name of "helping the economy." Does anyone now doubt that Government is, and has always been, the problem? Does anyone not see that only a free country can run a strong military? Does anyone not realize that freedom demands almost no government?

In the movie, The Godfather, part II, Michael Corleone asks Mama Corleone if.. "by trying to save the family, can you lose the family?"

Mama Corleone: [subtitle] "No. You can never lose your family."

Michael Corleone: [subtitle] "Times are changing." (Tempi Cambi)

- Dick Anderson

*The Federal Reserve reported in September 2001, the M1 money supply stood at 1.2 trillion dollars. While this is a little out of date, the current figure is close to this. The M2 money supply stood at $5.4 trillion in September 2001, and M3 (which the current administration frowns on, now) was at $7.8 trillion. (see http://economics.about.com/cs/money/a/money_supply.htm.)
So, this time last year (April 08), ALL of the money available in America was about 7.8 trillion dollars. But if we have destroyed 7.5 trillion dollars in wealth in bad debt and the stock market dive since then, where did IT come from to be lost? Does this mean we are completely bankrupt, or do we still have t$7.8T? And, if we do still have it, then we only have half of what we need to pay off our Obama-swollen debt. Frankly, I do not think the "great minds" in Washington have any idea how much money there is and where it is. Worse, with the new $16T deficit, where will the other half come from to come from to pay off China, Japan, and England?

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