M O N E Y, our money, every country's money, has a reason behind its value: some (were) backed with gold, other's - oil (and every manner of natural resources), still others the value of their labor, or their geography, etc. Since 1971, when America left the gold standard, our money's value has been based on a couple of things, amongst them are the wealth of our natural resources: now depleting; our political stability: now polarizing; military strength: now waning; the educational level of its citizens: now dumbing-down; and perhaps the most important when combined with that list is the value of American's industriousness: now being stifled .... by our own government!
The value of and therefore the purchasing power of the US dollar has, in the past decade, severely diminished vs that of other countries - - all the while U.S. foreign debt has grown dramatically. Just compare the purchasing-power of the American dollar to the NZ$ - HALVED, to the Australian$ - HALVED, to the Canadian$ - off by 30%!
American Illiteracy is deepening while the rest of the world's literacy increases. Cultural icons, American cultural touchstones, are being systematically destroyed: the traditional family exists in fewer and fewer homes; the church is on the way out: worst of all, the American concept of entrepreneurship is under Big Government attack!
The "profit" of a national economy is just as it is in a business, at the margins. By that I mean profits come at the end of efficient business practices; in a nation-wide economy, that comes when there is effectively full-employment. Big Government taking an ever bigger slice of whatever success remains and giving it to non-producers is a recipe for a continuing downward slide!
If these events continue on the course now carved-out, our wealth, yours and mine, will not be enough to keep us from poverty. it is imperative that our money continue to have value, since we are not rich enough to have "a diversified portfolio," i.e. our own off-shore bank, a gold mine, an oil well, as do the truly rich - those folks will be rich regardless.
To turn our nations "profitability" around we need a businessman, in particular one that is a turnaround specialist, as CEO - President to restore value to our dollar. You've heard the adage: "Voters always vote their pocketbooks." Now that so many are in the pocket of the government either via employment, disability, unemployment, or other entitlement, and since we have been politically identified and segregated by the world's greatest community organizer, many voters will vote for continued or even more government largess - regardless of the effect on our financial worth; something akin to eating the goose that lays those shiny eggs.
This election is truly about choosing sides. I'm on the side of those values that made my country, -- going back to those first immigrants -- successful.
What side are you on? Deciding to change the character, values and fundamental ethical positions of a country is dangerous. Like war plans; once the plan gets underway one can toss out the plan..... things don't necessarily work out the way one might wish. Ask Adolf, Hirohito, and Napoleon and other wannabe "societal changers."
We are in trouble when so many simply want their fellow citizens' stuff! Next thing you know they'll want their heads too!
Cheers, Mel
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"There's no earthly way of knowing which direction we are going. The danger must be growing for the rowers keep on rowing, And they're certainly not showing any signs of slowing!" Willy Wonka
Wednesday, September 5, 2012
Our MONEY is at risk!
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