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Wednesday, November 3, 2010

The Election Signals a Sea Change in American Ideology

A great tipping point is coming next week and America is in for a ride. I firmly believe that The United States of America is the greatest country in the world and we will survive, but I also think that things have gotten to the breaking point and that something's gotta give.

I'm not that old, but I cannot remember my country ever feeling so polarized. Compromise is a lost art form. Politicians, by their very nature, are corrupt. In order to run for any significant office in America you need a lot of money and a skilled group of people to coordinate the campaign. The groups that offer these "services" are all run by the same 5 groups that own, among other things, the main stream media.

We are headed for protests, we are headed for strikes and public displays of the immense displeasure the voting public feels towards its inept leaders. A lot of people blamed Bush when he was the President and now a lot of the same people are blaming Obama. I find it a sad sign of the times that you rarely hear the blame going to Hank Paulson.

We are mortgaged to the hilt, folks. Our country is in debt to China for more than, many experts believe, we can reasonably pay back at current pace. We will continue to owe and owe until the loans begin to be called. The FED already has too few bullets left in the chamber. The borrowing rate for banks is basically zero, so the bankers borrow from the government at .25%, then buy treasuries with a 3% return. It doesn't take a math-wiz to see the folly in that (from our perspective, as citizens, the banks love it)

Here is what is about to happen.

There will be an offer made to many of the world's citizens, their governments will be given some details, but the people will be offered a "fresh start financially". If you agree to switch over to a new global currency, which is electronic, there is no paper or coin, its all contained in a chip. That's the catch. You have to have an RFID tag implanted under your skin.

But that is paid for and you are given a start-off-bonus which will be the equivalent of about one thousand dollars (US). The technology is already there. Walmart RFID-tags EVERYTHING. Most people have no idea how 'on the grid' they are. The carry cell phones, credit/debit cards, use the internet, pay bills on line, get direct deposit pay. The list is endless.

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