GeoPolitical Economic Financial Trends in Perspective
This is a call to those who have been unemployed long enough to have fallen below the government’s radar screen and are no longer counted in any real context any more.
To those who have fallen between the cracks, I say; ” …Stand up!
Stand up! Reregister, and be counted!”
Send a message to the politicians who take the opportunity to marginalize the reality that the real number of those actually unemployed no longer matter.
How politically convienient is that?
How politically correct is this lie?
In my humble opinion, Merkel and Germany should show Timothy Geithner the SOFA and offer him an early flight home.
After all, he has his hands full without needing to escape reality.
Isn’t Disney Land enough of a Fantasy?
Let’s get real …as in agreeing to equally embrace the necessary disciplinary measures of austerity.
After all, on this trip …there are no more short cuts to tune in …drop out …and turn on to any more.
What if they gave a garage sale and no one showed?
Recently, one of my friends complained of the lack of progress black plaguing the economy, rocking the equity markets with volatility and shaking consumer confidence going into the holiday seasons.
Lisa Shalett, a member of Merrill Lynch’s Investment Officer Team wrote in the November 29th, 2011 issue of CIO Reports VIEW; ” …Markets are inherently impatient and abhor a lack of clarity and certainty.â€
For her report on the recent developments in Europe, see the following full report at:
http://www.wealthmanagement.ml.com/publish/mkt/pdfs/The-Cost-of-Can-Kicking.pdf
My reply to my friend was to ask; “Do you mean all the uncertainty that has come out of Washington since the Tea Party came to town to rescue Free Market Capitalism from the liberal socialist’s agenda which seemingly has been more than bent on tearing apart just about every one of this country’s institutions …one and all?â€
Once upon a time, trade guilds ruled the world primarily due to the significance of how important they were in successfully promoting trade.
The effectiveness of Trade guilds and the reasons for their successes have so many ramifications which persist even to this day and age, but none were as important as the underlying fundamental principals that formed the underpinnings which build upon and strengthen trust …and the resulting lasting quality of their target’s assurances.
Egging the Right to Private Ownership
In regard to private ownership; it really doesn’t much matter as to which came first; whether it was the chicken or the egg.
Likewise, jobs or housing …both questions are equally mute arguments.
But what does matter …especially going into the 2012 general election is the concept and principals that support and encourage an individual’s freedom to responsibly exercise their rights to private ownership. Notice the careful use of the word “…responsibly.â€
And more specifically, at the very crux of this composition …there must be at the epicenter, an equally responsible body politic …long gone missing.
Any Trough and The Political Boffins Therein
I was listening to a discussion on a financial news network the other day which focused on S&P’s downgrade. As it was, the topic turned to a consideration of how a country should use its debt.
And invariably, the discussion’s topic landed on the issue’s which centered around about what could and should be done to bolster both growth and ensuring that public policy establish a solid foundation which could rebuild confidence to translate hope into a lasting, widespread organic economic recovery.
Without such there will likely be no broader manifestation of any growth …let alone an increased sense of prosperity.
As the discussion progressed, it focused upon an issue in which the debate’s concerns arrived at what actually makes for a return on investment …I.E; …the bang for the buck ..which is …of course …in essence …is an issue of the value of the dollar.
As it were, the discussion turned to regard the value of the various uses of public debt as an economic and a political tool.
Waxing Righteously Upon the Backs of Parables
I find it an interesting objective commentary to closely view and scrutinize the observations and comments of third-parties’ consternations….the lowest form of which is otherwise known as gossip.
My case in point today is one which I have deliberately chosen to make, taking it from a lesson which came to mind in a lesser-known and seldom quoted Biblical parable …one which chillingly reminds me of the today’s events and affects of all things European.
The Achilles Heel of Capitalism
What is the Achilles Heel of Capitalism?
a. Too big to fail
b. Too small to succeed
c. No due diligence, oversight and accountability
d. All of the above
Mutually Inclusive or Exclusive?
Is The Failure of Capitalism …Too Big To Fail?
If the failure of Capitalism is deep seated in “…too big to fail …†where is China on a scale of 1 to 10?
The U.S.has long promoted …if not flirted with too big to fail. Yet, in spite of the recent past’s intertwined financial catastrophes …the U.S.A. is still …reluctantly unwilling to demonstrate an ability to adequately exercise the sort of responsible constraints and policies necessary to fully come to grips with the realities and consequences still facing her in the wake of her failures …both in the here and now, as well as with many compounding issues which will extend out like an outstreched long hand …well into the future.
Like road bumps and pot holes; the catalysts of America’s most recent failures are …those which have produced some most revealing wake up calls.
For more posts …please visit: www.geoblography.com Monday, September 26, 2011 The Trouble with Tribbles The trouble with Tribbles was there just were too many of those little parasitic suckers. […]
Preface: This is a look back in the form of a double-take of sorts. I originally wrote the letter below …sending it to my financial advisor late in 2008. And […]