Thursday, November 29, 2007

Zero Is The Value Of The Dollar And The Amount Of Ethics!

Take a look at this picture of Federal Reserve Chairman Ben Bernanke standing in front of a multitude of zeros!

What are we to make of this backdrop? Does it mean that Bernanke can keep lowering interest rates to zero and below by printing up money as if that is the solution. This is what this man, who claims to be an economist, has suggested during his rise through the ranks.

The zero (in the background) in such a case represents the value of the dollar. This is no joke - we are all broke - at that point!

Or are the zeros symbolic of the number of alternatives available to the Federal Reserve to restore the value of the dollar, that is, other than the ethical alternative of tying the dollar to gold and silver. Maybe the zero is really an 'O' as in 'Oh!' as if this is a novel and completely revolutionary idea. It is a revolutionary idea and the revolution is to get rid of those institutions which are un-Constitutional.

The zeros in the picture are numerous and cover the entire backdrop. What these zeros represent is the level of widespread confidence that the American people have in the Federal Reserve and the level of tolerance that the American people have for the bungling and counterfeiting that is going on behind the secret doors of the Federal Reserve.

Zero is actually better than our real status. Who is to blame? The blame for bankruptcy belongs to all of the ego-driven interventionists and their collusive imaginary bank, the central bank - the source of all of the play money.

The zeros are really 'O's spoken as 'Uh-Oh!' in unison by the Chairman and the Governors of the Federal Reserve. They know their scam is exposed.

And finally the zeros represent the amount of ethics demonstrated by these charlatans.

Monday, November 5, 2007

Exposing the 'Stabilizer" As A Sham.

The economically illiterate citizenry believes what they are taught in school and told by the media and that is that the Federal Reserve is the stabilizer of the economy. What is stabilizing about the Fed actions?

Take a recent example: Last week (reported on November 2, 2007) the Fed cut the interest rate by a quarter point and couched it in a warning about inflation so the Dow Jones goes up 137 points one day and then plummets 362 points the next day. How wonderful to have the stabilizing influence of the Fed!

The false signal deliberately generated and sent by the Fed caused a brief frenzy for scarce capital but printing money and pumping it into the economy through the favored credit outlets is not real capital. And so 'Poof' - the illusion disappears!

Combining the warning of inflation with the cutting of the interest rate potentially is a rational statement however the Fed always portrays inflation as external to itself and actually uses rhetoric to blame the consumers for inflation. This distortion and complete reversal of cause and effect is deliberate and deceitful just like all shams.

The indoctrinated belief (promulgated by the government funded education system) that the Federal Reserve is a stabilizer of the economy is a complete fallacy. The actions of the Fed are the sources of inflation and the actions of the Fed send false signals in the market causing overconsumption and malinvestment.