...cause we got to get ourselves back to the garden.
#OccupyWallStreet
A Broken Social Stewardship
We the Government: For, By and Of Wall Street?
The riots and protests in the Middle East, Europe and America are all inter-connected. The people of these nations share a common plight, in that the powers of the people that were conveyed to those who "were granted the privilege to govern them", was abused to the benefit of a few power elites. They have collectively awakened to the broken social contracts embedded in their respective constitutions, bills of rights and other such declarations intended to harbour the fair, just and open administration of their inalienable rights and welfare.
They have come to realize that the promises of future pensions, safety nets and other common elements of existence can no longer be provided under the constructs of the current dogma. That money, gold and other abstractions will not store value and provide for their future, as these abstractions are absolutely tied to the vanishing wealth and resources of a planet that has been exponentially exploited by the few, to detriment of so many. They have come to understand that the massive consumption encouraged by Keynesian economic assumptions is a form of invisible genocide on generations to come. They have come to understand they have the right to return to the people; the powers that have been abused by those unable or incapable of stewarding their interests.
Astutely or intuitively, they have stormed the Bastilles of Wall Street perhaps not fully understanding what it does, but that somehow sensing it was the source of the broken contract "with" the people. And to some measure they are right. Indeed for these charlatans stole trillions from their pensions, safety nets and other future sources of survival. How? Wall Street and its evil collaborators were simply allowed to create trillions of dollars in counterfeit money (derivatives); then through the banking process (The Fed) convert it into the legitimate currency of their nation. In so doing, Wall Street was watering down the currency and thus stealing from the pensions, savings and safety nets of the hard working people who had entrusted a government to protect them from frauds of such high abstractions.
See: How it Works? THE WALL STREET GANG
From intense complexities, come intense simplicities. Splitting an atom creates a massive destructive force. Creating derivatives on Wall Street, invisibly steals the wealth and futures of generations to come. (It also encourages the rapid use of planetary resources) Both ideas are clear and simple to understand. Yet, politicians, regulators, and others responsible for the welfare and stewardship of its citizens, did not and do not seem to grasp this simple method of larceny? Sadly, one must conclude; that they too, are part of a grand scheme to sustain Wall St and its related Military Industrial Congressional Complex; at the expense of "we the people" A simple scheme that the people, in many nations, are no longer prepared to tolerate...
Whither thou goest? We're heading down to Yasgur's Farm...
See ya there!
Dr Peter G Kinensa
Chief Economist
First Financial Insights Inc.
October 4, 2011
@FirstFinInsight
Much to Learn...