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		<title>Debt, gutted balance sheets and manna from D.C.</title>
		<link>http://rhomethyrst.wordpress.com/2009/02/16/its-the-currency-stupid/</link>
		<comments>http://rhomethyrst.wordpress.com/2009/02/16/its-the-currency-stupid/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 16:47:09 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Giethner]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Monetary Reform]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[Stimulus Package]]></category>
		<category><![CDATA[Wealth]]></category>

		<guid isPermaLink="false">http://rhomethyrst.wordpress.com/?p=79</guid>
		<description><![CDATA[(work in progress, unedited) A note from Rhome: Please forgive me. I write via stream of consciousness and since so few actually read what I have to say, I seldom return to clean-up my posts&#8230;these are truly &#8220;web-logs&#8221;. For what it&#8217;s worth, I predicted the gutting of the balance sheets of banks and the monopolies [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=79&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>(work in progress, unedited)</p>
<p><em>A note from Rhome: Please forgive me. I write via stream of consciousness and since so few actually read what I have to say, I seldom return to clean-up my posts&#8230;these are truly &#8220;web-logs&#8221;. For what it&#8217;s worth, I predicted the gutting of the balance sheets of banks and the monopolies since 2002. First on ModBlog, and then on efX2 Blogs. I also predicted the current economic turmoil on the Washington Post under my other screen name, &#8220;Vunderlutz&#8221;. Sooner or later I will write what we need to do to dig out of the mess we are all in.</em></p>
<p>Giethner and Bernanke are like two circus clowns dressed as firemen trying to put out a fire. There are two hydrants, one that pumps water and the other kerosene&#8230;.yep, you got it right. They have both hooked up their hoses to the hydrant with kerosene. Bing, bing, bing, batta-bing&#8230;WRONG AGAIN!</p>
<p>It&#8217;s not only just plain wrong-minded to bailout bankers and industry (auto mfg&#8217;s, airlines, AIG, whoever) who are run by the incompetent or by crooks, or both; bailouts are just plainly not &#8220;The American Way&#8221;. <span id="more-79"></span></p>
<p>Worst of all its counter-productive; it will de-stabilize the economy by causing more freakiness over the apparent weakness of the dollar. The last thing we need to do is create more money based on credit.</p>
<p>The bailouts have been counter-productive from the beginning when Bernanke dribbled in a few hundred billions into the &#8220;markets&#8221; for &#8220;liquidity&#8221; and &#8220;stability&#8221;. Actually, it really began with Greenspan which is beyond the memories and attention span of most of those who will read here. Actually, it began further back with the Keating Five and the S&amp;L bailout. </p>
<p>Fast forward to today&#8230;suffice it to say, there are many, many problems facing our economy. </p>
<p>A lack of credit is one because it&#8217;s getting the most attention in the broadcast and print media. And, of course, the media should know (gag, barf). And, of course (again), being the healthy paranoiac that I am, I can&#8217;t help but wonder about congress&#8217;s motivations in passing the Bankruptcy Act of 2005? </p>
<p>It&#8217;s almost like: Let&#8217;s make it harder for the common person to declare bankruptcy; Let&#8217;s turn our congressional eye the other way to outsourcing and illegal immigration, and all along let&#8217;s let Bernanke dribble our a few hundred $-billion here and there until the final hit, and when the Fed and Treasury will get a $700-billion to hand out. </p>
<p>Is this a plan? Who knew all of this was coming down the pike? and when did they know it?</p>
<p>However, paranoia aside, and aside of all the hubbub over tight credit and foreclosures lays the biggest problem of them all; the lack of confidence in U.S. currency. </p>
<p>The lack of confidence stems from our nation&#8217;s massive debt and what appears to be an inability to repay the debt plus interest. All together, our national debt is near $70-trillion which includes the $10-trillion owed by the federal government, plus private debt, business debt and debt of state and local governments. The interest accruing annually on all this debt is several times our GDP.</p>
<p>We just don&#8217;t have any assets on our national balance sheet. We don&#8217;t have an adequate national cash flow to service our debt &#8212; so we borrow again, create some cash and if something will change. Dumb, dumb, dumb and dumber&#8230;</p>
<p>Sure we have farmland, freshwater, our homes, and our rusty out-of-service manufacturing equipment. We also have empty strip malls and small town shops.</p>
<p>I guess the farmland could be dug up a shovel at a time; the buildings and equipment could be dismantled &#8211; all of it could be shipped to China as payment on our debt &#8211; a brick at a time from a building, a bolt and bearing at a time from a machine and a bucket of topsoil at a time.</p>
<p>A national going-out of business sale! The liquidation of the United States of America? It still wouldn&#8217;t be enough to satisfy our debt. At least that&#8217;s my opinion.</p>
<p>So what doeth Giethner and Bernanke? They hatch a plot to create more money out of thin air based on more credit. Then they throw the money into the air to fall like manna from Washington. They want to spread it to the four winds&#8230;they want our nation&#8217;s creditors to believe everything is okay.</p>
<p>Will our creditors really think that? Hardly so. They are already way more than a little bit freaky about the value of U.S. currency and our nation&#8217;s debt. What our creditors will think about this new plot by Giethner and Bernanke? </p>
<p>The creditors will think, <em>&#8220;Now, what is the f#@$ is going on here? Do they think we&#8217;re dumb, or what?&#8221; </em>their &#8220;little freakiness&#8221; will morph into a full-blown, sudden-onset, paranoiac madness of the untreatable kind. The USA IS BROKE!!!</p>
<p>Then the anger will morph into madness, then pure insanity, which will manifest itself by fear&#8230;there will be fear in the air&#8230;it will be everywhere. It will create the kind of fear that&#8217;s gut-wrenching, the puking kind of fear, complete with tremors and a rapid loosening of the bowls.</p>
<p>President Obama would be well-advised to nationalize the banks NOW! And once nationalized, reduce the income the bank employees to match that of any other pencil-pusher. The Obama needs to extend credit&#8230;lots of it and cheap. </p>
<p>He needs to buy Bernanke and Giethner a one-way bus ticket to wherever they want to go&#8230;so long fellas; it&#8217;s been good to know them.</p>
<p>When I told my teenage niece about all of this (I might add, very carefully so as not to scare her), she said, <em>&#8220;Well duh, Uncle Rhome, I know that! You wanna go to the mall with me and shop?&#8221;</em></p>
<p>Then she added a comment and said  President Obama&#8217;s stimulus for consumers is too little. </p>
<p>I guess hope is being sold at the mall. Everything is else is about dead but our desire to consume.</p>
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		<title>Trickle-down is economic waterboarding: Bailouts, handouts, sellouts, tax cuts for the elite, stimulus packages for the poor…</title>
		<link>http://rhomethyrst.wordpress.com/2008/10/17/bailouts-handouts-sellouts-tax-cuts-for-the-elite%e2%80%a6its-all-trickle-down/</link>
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		<pubDate>Fri, 17 Oct 2008 17:54:03 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Bernanke]]></category>
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		<category><![CDATA[Election 2008]]></category>
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		<guid isPermaLink="false">http://rhomethyrst.wordpress.com/?p=57</guid>
		<description><![CDATA["Trickle-down economics" is monetary “waterboarding”, a form of torture used to create fear in the masses in order to incapacitate their will to resist enslavement."<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=57&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin:0;"> </p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:&quot;">Definition: &#8220;Trickle-down economic theory&#8221;</span></p>
<p class="MsoNormal" style="margin:0;"> </p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:&quot;">(1) monetary “waterboarding”, a form of torture used to create fear in the masses in order to incapacitate their will to resist enslavement; </span></p>
<p class="MsoNormal" style="margin:0;"> <span id="more-57"></span></p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:&quot;">(2) a theory of monetary policy in which the coin of the realm accumulates in the coffers of the elite by duping the masses into believing some crumbs will fall in their direction; </span></p>
<p class="MsoNormal" style="margin:0;"> </p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:&quot;">(3) a method of taxation and an approach to monetary policy that indentures the masses regardless of how hard they toil.</span></p>
<p class="MsoNormal" style="margin:0;"> </p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:&quot;">Look at the mess that has been made by R. Regan, G.H.W. Bush, W.J. Clinton, G.W. Bush, all of congress, Rubin, Greenspan, Paulson and Bernanke. </span></p>
<p class="MsoNormal" style="margin:0;"> </p>
<p class="MsoNormal" style="margin:0;"><span style="font-size:10pt;font-family:&quot;">Regardless of what any of them may say about themselves, their legacy is we have been led to the abyss. </span></p>
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		<title>Did Congress grab Wall Street’s bull by the horns?  Nope, they grabbed the tail, and we will all soon learn what a real mess looks like.</title>
		<link>http://rhomethyrst.wordpress.com/2008/10/09/did-congress-grab-wall-street%e2%80%99s-bull-by-the-horns-nope-they-grabbed-the-tail-and-will-soon-learn-what-a-real-mess-looks-like/</link>
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		<pubDate>Thu, 09 Oct 2008 14:12:45 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Bernanke]]></category>
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		<description><![CDATA[ (unedited) The Fed, the Treasury, Congress, all of them, apparently is endowed with an unlimited capability to do the wrong thing at the wrong time. Lowering the prime rate and providing money to unchartered private investment banks who have engaged in fraud are examples of doing exactly and precisely what shouldn’t be done to shore-up our economy. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=31&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p class="MsoBodyText" style="margin:0;"><em> (unedited)</em></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">The Fed, the Treasury, Congress, all of them, apparently is endowed with an unlimited capability to do the wrong thing at the wrong time. Lowering the prime rate and providing money to unchartered private investment banks who have engaged in fraud are examples of doing exactly and precisely what shouldn’t be done to shore-up our economy.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">The current financial crisis can&#8217;t be fixed by congress authorizing the federal government to purchase bundles of defaulted home loans using funds guaranteed by the taxpayer. The so-called &#8220;bailout&#8221;, $700 billion worth, will serve only to further devalue the U.S. dollar. And so goeth the dollar, goeth everything else that is &#8220;economic&#8221;.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">As a matter of fact, U.S. monetary policy over the last fifteen years has focused on the de-valuation of the U.S. dollar. Yep, hard to believe, isn&#8217;t it? This means the Clinton/Greenspan/Rubin administration and Bush/Bernanke/Paulson administration had the same plan. It&#8217;s been same-o, same-o, Democrats and Republicans, different flavors, but nevertheless still “ice cream” . In this case, it&#8217;s different ideologies, but nevertheless still crooks .</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"><strong>The plan to devalue the dollar is one part of a counter-intuitive, convoluted and private scheme steeped in the belief that a steadily weakening dollar is needed in order to create wealth. The other part of the scheme is to encourage maximum leverage. In other words, buy an asset for little or no money down, and the weakening dollar fires inflation and increases the asset&#8217;s value. Ergo: the creation of wealth. It&#8217;s ridiculous. It&#8217;s a casino game for Plutocrats.</strong></span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">The bailout will not address any of the major financial and economic woes faced by our nation. Our chartered banks need money, our household debt is too great, and our disposable income is in a sharp decline. In some instances people are choosing between medicine and food. The bailout won&#8217;t help in any of these critical areas.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"><strong>The only thing the bailout will accomplish is temporarily supporting Wall Street stock values. This may not be that noticeable because the slide of the market will be fast. However, investors will have an opportunity to sell their shares and avoid really massive losses. </strong></span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"><strong>With their coffers recharged with cash, some investors will again leverage their money by repurchasing the same assets, this time at salvage values. Other investors will take their money off-shore or invest it into commodities. The cycle will repeat itself, leveraged purchasing and deflation of durable goods and inflation of commodities. Complicated, in a way…it will be easier to see going that it is to see coming. The majority of Americans will become further indentured. It will reach the point our entire system of monetization will need to be replaced.</strong></span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">The only thing that won&#8217;t change is the debt the public owes to banks. Wages will decline and so will our personal wealth, our personal assets such as home and property. Our equity in our homes will go negative, but we will still need to repay our debts. People will walk away from their homes. The next crisis will emege.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">The next crisis will stimulate an agenda to replace the current U.S. (and worldwide) system of monetization. This crisis won&#8217;t be called another financial storm of the century. It will be called the mother of all storms. Or Armageddon. It will bring great pain and upheaval to our nation. I doubt it will be a bloodless change-over to a new system of monetization. I pray I am wrong.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">Our elected representatives are ether co-conspirators or they are hostages. If they are co-conspirators, they should be thrown out of office by the voters. They should be charged with treason. There is an undeclared war between America-the-nation-state, and Amerika-the-Korporate-state. I am not holding my breath until the public figures this out.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">If congress isn’t co-conspiring, then they are hostages suffering from version of the &#8220;Stockholm syndrome&#8221;. They have bonded-with-the-perpetrators; the Wall Street brokerages and private investment bankers.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">What ever be the reality, conspiracy or hostage, Congress has switched their allegiance away from the American people. Our elected representatives now show </span><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">their loyalty to a powerful abuser, an extortor.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">The irony is this perpetrator didn&#8217;t just burst into the room, Congress created it &#8211; a tentacled monster of private banksters &#8211; through its own misfeasance, both acts of omission and commission. In passing the bailout legislation, Congress has mistakenly or consciously grabbed a bull its tail.</span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;">Seeing as Congress is us, and you are me, and we are all together, we will either kicked in the teeth or shit on&#8230;perhaps both.</span></p>
<div><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"></span></div>
<p><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"><em>And, by-the-way, just when did the DJIA become the tell-all of U.S. economic health? {My next post will discuss this.]</em></span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><em>~Rhome~</em></p>
<div><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"></span></div>
<p><span style="font-size:small;color:#333333;font-family:Palatino Linotype;"></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"> PLEASE NOTE: Today is Nov. 19, 2009 more than a year after this point. I took it as necessary to <strong>bold face</strong> excerpts.</p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;">Peace,</p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"><em>~Rhome~</em></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p></span></span></p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"> </p>
<p class="MsoBodyText" style="margin:6.7pt 6.7pt 0;"> </p>
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		<title>Stimulus Package? In our land of milk and honey, there&#8217;s no money&#8230;</title>
		<link>http://rhomethyrst.wordpress.com/2008/01/28/stimulus-package-no-such-thing-as-a-free-lunch/</link>
		<comments>http://rhomethyrst.wordpress.com/2008/01/28/stimulus-package-no-such-thing-as-a-free-lunch/#comments</comments>
		<pubDate>Sun, 27 Jan 2008 19:04:12 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Freedom of Speech]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Monetary Reform]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Stimulus Package]]></category>
		<category><![CDATA[Wealth]]></category>

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		<description><![CDATA[There is no such thing as a free lunch. The recommendation for an economic stimulus package was first made by Fed Chief Bernanke, then was supported by Bush, Pelosi and Reid. The proposal to inject $150 billion should be embarrssing to Americans&#8230;this is the land of milk and honey, and the people have no money. This money is actually [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=20&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>There is no such thing as a free lunch.</p>
<p><span id="more-20"></span>The recommendation for an economic stimulus package was first made by Fed Chief Bernanke, then was supported by Bush, Pelosi and Reid. The proposal to inject $150 billion should be embarrssing to Americans&#8230;this is the land of milk and honey, and the people have no money. This money is actually not an economic stimlus &#8211; - it&#8217;s really money being give to people to buy stuff or to pay bills.</p>
<p>A real stimulus package would be an appropriation of about ten times this amount for repairing our nation&#8217;s deteriorating infrastruture.</p>
<p><span style="text-decoration:underline;">Getting where we are going by stampeding the herd.</span></p>
<p>In a way, American citizens are being stampeded&#8230;again.</p>
<p>Bush, and the corporate press and media stampeded us into invading Iraq. Then we were stampeded by the media and press into accepting Hillary as the heir apparent. Now we are being stamped into accepting a stimulus package to get the American economy moving. In this instance, the leadership will stampede our economy into a dry gulch.</p>
<p>It’s about time we started thinking things through.  </p>
<p>This “stimulus” will last about as long a night&#8217;s worth of boozing&#8230;the alcolhol hits the brain, you can whip the worldl and then, there&#8217;s tomorrow.</p>
<p>The econmic stimulus in not bubble gum in the dike, it&#8217;s a wedge&#8230; </p>
<p>It’s another a wedge being driven into one of many cracks in our economic system and our currency. It exacerbates our problems. </p>
<p><span style="text-decoration:underline;">The Federal Reserve is made up of bankers, these people are not economists.</span> </p>
<p>For reasons that escape me, our nation&#8217;s culture  seems to think that bankers are economists. Bankers are bankers, they are not economists. Bankers are usuries who make money off of those people who work. Bankers don&#8217;t do work, they create money out of thin air and charging interest for its use.</p>
<p>In order to get coin of the realm, working people need to bring titles to their assets to a bank and let the banker hold the title as collateral. Congress gave the Federal Reserve the authority to create the coin and currency in 1912.</p>
<p>Just why is it we need to listen to, or respect the opinions and actions of the Federal Reserve bankers?</p>
<p>They don&#8217;t care about you and me &#8211; - they do care about the elite.</p>
<p>&lt;&lt;Note this is still a work &#8220;in process&#8221;, I will return.&gt;&gt; </p>
<p><span style="font-family:Comic Sans MS;"></span></p>
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		<title>Humpty Dumpty time&#8230;</title>
		<link>http://rhomethyrst.wordpress.com/2007/11/09/im-back-but-there-are-family-health-issues-to-deal-with/</link>
		<comments>http://rhomethyrst.wordpress.com/2007/11/09/im-back-but-there-are-family-health-issues-to-deal-with/#comments</comments>
		<pubDate>Fri, 09 Nov 2007 16:40:07 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Monetary Reform]]></category>
		<category><![CDATA[Money]]></category>

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		<description><![CDATA[For what&#8217;s it&#8217;s worth, when I returned home I found my partner experiencing what appears to be a major health issue. Not much time for posting blogs right now. I will check in weekly. BUT &#62;&#62;&#62; btw &#8211; You can forget your protecting your money! The great monetary upheaval that I warned about, over which I ranted [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=17&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span id="more-17"></span>For what&#8217;s it&#8217;s worth, when I returned home I found my partner experiencing what appears to be a major health issue. Not much time for posting blogs right now. I will check in weekly.</p>
<p>BUT &gt;&gt;&gt;</p>
<p>btw &#8211; You can forget your protecting your money! The great monetary upheaval that I warned about, over which I ranted and railed on blog after blog for the last four years, has begun. The unraveling of all fiat currencies has started beginning with the &#8220;base currency&#8221; the U.S. Dollar. </p>
<p>Believe me, it&#8217;s Humpty-Dumpty-time &#8212; the King and his men (or women) aren&#8217;t going to be able to put it back together again&#8230;</p>
<p>I have plenty say about all the ganstas in our government, in the corporate monopolies, and in the Federal Reserve System, who are the corruptors and destroyers of our nation&#8217;s fiat currency; but, of course that would be useless.</p>
<p>Fiat currency is, by definition, always corruptable; it will always destroy itself, and history offers plenty of proof of that.</p>
<p>But later for the great notions, right now it&#8217;s family health that takes priority.</p>
<p>It&#8217;s time to pray!</p>
<p>Have a great Thanksgiving!</p>
<p>~ rhome ~</p>
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		<title>I&#8217;ll be gone until Nov. 7th &#8230;</title>
		<link>http://rhomethyrst.wordpress.com/2007/10/22/ill-be-gone-for-a-week/</link>
		<comments>http://rhomethyrst.wordpress.com/2007/10/22/ill-be-gone-for-a-week/#comments</comments>
		<pubDate>Mon, 22 Oct 2007 15:34:14 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Money]]></category>

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		<description><![CDATA[For those who may by hungry enough to look here for food for thought, it will be slim-pickings for week or two. I&#8217;m taking a road trip that I&#8217;m not that anxious to take. But what must be done, must be done&#8230;  ~rhome~<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=16&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>For those who may by hungry enough to look here for food for thought, it will be slim-pickings for week or two. <span id="more-16"></span>I&#8217;m taking a road trip that I&#8217;m not that anxious to take. But what must be done, must be done&#8230;</p>
<p> ~rhome~</p>
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		<title>Housing Bubble? Monetary Bubble? Which Bubble is Bursting Anyway?</title>
		<link>http://rhomethyrst.wordpress.com/2007/10/18/housing-bubble-monetary-bubble%e2%80%9d-which-bubble-is-bursting-anyway/</link>
		<comments>http://rhomethyrst.wordpress.com/2007/10/18/housing-bubble-monetary-bubble%e2%80%9d-which-bubble-is-bursting-anyway/#comments</comments>
		<pubDate>Thu, 18 Oct 2007 17:07:50 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Monetary Policy]]></category>
		<category><![CDATA[Monetary Reform]]></category>
		<category><![CDATA[Money]]></category>

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		<description><![CDATA[“I&#8217;m dreaming dreams, I&#8217;m scheming schemes, I&#8217;m building castles high. They&#8217;re born anew, their days are few, Just like a sweet butterfly. And as the daylight is dawning, They come again in the morning!” &#8220;I&#8217;m forever blowing bubbles, Pretty bubbles in the air, They fly so high, Nearly reach the sky, Then like my dreams [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=15&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span><font face="Times New Roman"><em><span id="more-15"></span>“I&#8217;m dreaming dreams,<br />
I&#8217;m scheming schemes, I&#8217;m building castles high.<br />
</em></font></span><span><font face="Times New Roman"><em><span><font face="Times New Roman"><em><span><font face="Times New Roman"><em><span><font face="Times New Roman"><em><em><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman">They&#8217;re born anew, their days are few,<br />
Just like a sweet butterfly.<br />
And as the daylight is dawning,<br />
They come again in the morning!”</font></span></font></span></font></span></font></span></font></span></em></em></font></span></em></font></span></em></font></span><span><font face="Times New Roman"><em><span><font face="Times New Roman"><em><span><font face="Times New Roman"><em><em><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span></font></span></em></em></font></span></em></font></span></em></font></span><span><font face="Times New Roman"><em> </em></font></span></em></font></span><span><font face="Times New Roman"><em><span></span></p>
<p></em></font></span><span><em><font face="Times New Roman">&#8220;</font></em></span><em><font face="Times New Roman"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0">I&#8217;m forever blowing bubbles,<br />
Pretty bubbles in the air,<br />
They fly so high,<br />
Nearly reach the sky,<br />
Then like my dreams<br />
They fade and die.<br />
Fortune&#8217;s always hiding…”</font></span></font></span></font></span></font></span></font></span></font></span><span><font size="+0"> </font></span></font></em></p>
<p><em><font face="Times New Roman"><span></span></font></em></p>
<p><font face="Times New Roman"><span></span><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span></span></font></span></font></span></font></span></font></span></font></span><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span></span></font></span></font></span></font></span></font></span></font></span><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span></span></font></span><span></span></font></span></font></span></font></span></font></span><span></span><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span></span></font></span></font></span></font></span></font></span></font></span></font></span><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0">Excerpted from lyrics of <em>“I’m forever blowing bubbles”,</em> by James Kendis, James Brockman, and Nat Vincent.</font></span></font></span></font></span></font></span></font></span></font></span></font></span><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span></span></font></span></font></span></font></span></font></span></font></span></font></span></font><span><font size="+0"><font face="Times New Roman"> </font></font></span><span><font size="+0"><span><font size="+0"><span><font size="+0"><span><font size="+0"><span></span></font></span></font></span></font></span></font></span><span><font size="+0"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span></p>
<p></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">Have sub-prime loan practices popped the so-called housing bubble? </font></font></span></font></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">Or, are there other forces at work? Has that which is happening been the result of unchecked usury by greedy bankers, or is it due to some other form of boom or bust syndrome?</font></font></span><span><font face="Times New Roman"> </font></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span><span></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span><span></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span><span></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span><span><font face="Times New Roman"><span></span><span><font face="Times New Roman"><font face="Times New Roman">I am too practical (and stupid) to be a bona fide conspiracy theorist. </font></font></span></font></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">I do recognize patterns and when history repeats itself. I can also follow a money trail like a bloodhound. </font></font></span><span><font face="Times New Roman"><font face="Times New Roman">I may not understand all of the nuances, but I know this much: Wherever vast amounts of money accumulate in one place, whoever directs the flow of dollars to that location are<span> </span>those, as they say, who hatched the plot.</font></font></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">The popping of the “residential housing bubble” sort of reminds me of the 1970’s “bubble bursting” in the prices of farmsteads. The way it happened with farmland was the insurance companies drove up the prices of farmland. The banks and savings and loan companies financed the land. Farmers were induced, actually forced, by production credit banks and savings and loan companies to borrow money for new equipment and buildings. Their high-value land was re-financed and posted as collateral. Within a couple of years, </font></font></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">and based on a relatively few sales of farmland at much lower prices, all farm land was devalued. The bubble had burst. The debt-to-equity ratios were out-of-balance, farmers were over-leveraged, notes were called in and banks demanded full repayment of loans. In a matter of a few years, the population of American farmers dropped from 4-million to 2-million as the foreclosures, forfeitures and property auctions washed over the countryside like a giant tsunami. Of course, the savings a</font></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">nd loan companies were bailed out by our government. Hmm…</font></font></span><span><font face="Times New Roman"> </font></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span><span></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></font></span><span></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">Here were are today, 2007, and now its residential property being lost. First the farmers, now families. Of course, the farmers were also families. As a footnote, there were about 2-million farmers washed-out in the 1970’s, and it appears there will be about 2-million homeowners washed-out in 2007 and 2008. Maybe the 2-million is a magic number…not enough for the majority of Americans to care about. </font></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">What is it, this bubble-popping-bursting stuff? Is this all a scam to take property, or is it, plain and simple, just the end result of old-time biblical usury at work. Foreclosure is always the end result the charging of interest to use money. After all, isn’t a century’s year-old definition of the term “mortgage” mean “death grip”? </font></font></span></font></span></font></span></p>
<p><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></font></span><span></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span><span></span></font></span></font></span><span><font face="Times New Roman"><span><font face="Times New Roman"><span></span></font></span></p>
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<p><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">Some of you know my perspective on the Federal Reserve System and the creation on money supply as a debt-bearing instruments. We call them Federal Reserve Notes because we borrow them from the Fed. I am, among others, one of those who regularly predict we will all become indentured to the bankers if our monetary system and policies aren’t changed. We can’t borrow our way into prosperity.</font></font></span></font></span></p>
<p><span><font face="Times New Roman"><span></span></font></span></p>
<p><span><font face="Times New Roman"><span></span></font></span></p>
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<p><span><font face="Times New Roman"><span><font face="Times New Roman"><font face="Times New Roman">Then again, there are striking similarities to that which happened to the farmers in the past, and now is happening to residential homeowners. In both instances, “burst-of-the-bubble” and “boom-to-bust” cycle involved inflated in value by realtors, appraisers and banks.</font></font></span></font></span><span><font face="Times New Roman"><span></span> </font></span></p>
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<p><span><font face="Times New Roman"><font face="Times New Roman">Let’s cut to the chase…</font></font></span><span><font face="Times New Roman"><font face="Times New Roman">To my way of thinking it&#8217;s apparent there is a “plan” at-work to embezzle the wealth of the Americans and place it into the pockets of the elite, most likely offshore. Co-conspirators include the U.S. government, the Federal Reserve System and private mortgage bankers. And, it’s a full court press. </font></font></span></p>
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<p><span><font face="Times New Roman"><font face="Times New Roman">It’s tax breaks for <span> </span>the wealthy; it’s sole-source, no-bid government contracts’ it’s high oil prices; it’s high medical insurance costs; it’s outsourcing employment; it’s illegal immigration…all of these and more.</font></font></span></p>
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<p><span><font face="Times New Roman"><font face="Times New Roman">The result is CEO&#8217;s have billion dollar options from their companies. Another result is nation-states are dead or dying, and are being replaced by global corporate conglomerates, a state of wealth without borders. All titles to property and most possessions are liquid and exist as collateral. Ownership of titles can be transferred electronically in a wink of the eye.<span>  </span>Rampart inflation has started. Congress, most of who are among the richest of the rich, often acts as if they Board of Directors of </font></font></span><span><font face="Times New Roman"><font face="Times New Roman">the corporate state.</font></font></span><span><font face="Times New Roman"> </font></span></p>
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<p><font face="Times New Roman">Will the United States will end up a hollow vessel? Will our currency become totally debased? You betcha…</font></p>
<p><font face="Times New Roman">We need to elect another Franklin Delano Roosevelt as President to break the death grip of the elite. We need to force the divestiture of  monopolies. We need term limits for all elected representatives. We need to push money down into the lowest echelons of society…to the poorest of the poor. </font></p>
<p><font face="Times New Roman">Otherwise, we can expect to become a nation of sharecroppers.</font></p>
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		<title>Money and Defining Behavior</title>
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		<pubDate>Mon, 15 Oct 2007 19:03:48 +0000</pubDate>
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		<description><![CDATA[ “What is wanted is not the will to believe, but the will to find out, which is the exact opposite.”        Bertrand Russell   Money, Part  1  I believe, please believe me, I believe…in money  Dateline 2008, Chicago, Ill. At 2:00 am yesterday morning two men were shot in a volley of gunfire spraying the front of a [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=14&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p align="center"><span id="more-14"></span></p>
<p align="center"> <strong><em><font size="3"><font face="Times New Roman">“What is wanted is not the will to believe, </font></font></em></strong><font size="3"><font face="Times New Roman"><strong><em>but the will to find out, which is the exact opposite.”</em></strong><span>        </span>Bertrand Russell</font></font></p>
<p align="center"><strong><font size="3"><font face="Times New Roman"> </font></font></strong><strong><font size="3"><font face="Times New Roman"> </font></font></strong><strong><font size="3"><font face="Times New Roman">Money, Part<span>  </span>1</font></font></strong><strong><font size="3"><font face="Times New Roman"> </font></font></strong></p>
<p align="center"><strong><font size="3"><font face="Times New Roman">I believe, please believe me, I believe…in money</font></font></strong><strong><font size="3"><font face="Times New Roman"> </font></font></strong></p>
<p align="left"><font size="3" face="Times New Roman">Dateline 2008, Chicago, Ill.</font></p>
<p align="left"><font size="3" face="Times New Roman">At 2:00 am yesterday morning two men were shot in a volley of gunfire spraying the front of a delicatessen on Broadway Ave. in downtown Chisago. One man died several hours later en route to the Chicago County Free Clinic. The other man is in serious condition but expected to recover.</font></p>
<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Both men were initially taken to Chicago Memorial Hospital for treatment. The first, Sluggo Extorto, is a well-known area criminal. Police have assumed Extorto was target of the gun fire. Extorto was immediately rushed into surgery at Memorial Hospital. It took two emergency room doctors 15-minutes to wrestle free an attaché Extorto was gripping on to. The valise contained three hundred thousand dollars Extorto claimed were receipts from his sidewalk newspaper stand. He paid the hospital cash for the surgery. Police posted a guard at outside of Sluggo&#8217;s room stating that he will be arrested for unspecified charges once he can be transported.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">The other man, Henry Hero, died after waiting several hours for Memorial Hospital staff to find a hospital who would admit him. Mr. Hero is a local handyman, and sometimes homeless, had no insurance. Later it was learned Mr. Hero was awarded the Congressional Medal of Honor and two Silver Stars for bravery in Vietnam in 1971.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Fictional? Yes. Fantasy? Hardly. Probable? Obviously one of these guys was worth saving and the other wasn&#8217;t. It was the money, or lack of it, that defined who these men are. It was the money, or lack of it, who defined the social response to these men.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Read on&#8230;and c<font size="3">onsider the following as </font><font size="3">passed by the Minnesota Legislature and made effective August 2, 2007:</font></font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman"><strong>&#8220;<em>The Patient Bill of Rights</em></strong></font></p>
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<p style="margin:0;" class="MsoNormal"><em><font size="3"><font face="Times New Roman"><u>Section 3. Appropriate Health<span>  </span>Care.</u></font></font></em><font size="3"><em><font face="Times New Roman"> </font></em></font></p>
<p style="margin:0;" class="MsoNormal"><em><font size="3" face="Times New Roman">Patients shall have the right to appropriate medical and personal care based on individual needs. This right is limited where the service is not reimbursable by public or private resources.&#8221;</font></em></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Does this mean that &#8220;inappropriate care&#8221; is to be expected if one can&#8217;t pay? If one lands at a hospital with no insurance, and no cash, does this mean that the &#8220;first test&#8221; is an on-line credit check? </font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">It is worth noting that hospital licenses issued are tightly controlled and issued by the State. These are difficult to obtain.  </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Money is the great separator…it’s the one card in the deck that trumps all other cards&#8230;it defines who we are, it defines how we think and behave. It alters our consciousness&#8230;</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font size="3"><font face="Times New Roman">Why? After all, money is just credits deposited in a bank account or it&#8217;s paper and ink. The stuff called &#8220;money&#8221; is just created by a private cartel of usuries, under the watchful eyes of politicians and the elite. Why does it have the capacity to alter our consciousness, and to define our behavior? The truth is that money, the presence of it, or the lack of it, alters the behavior of everyone. </font></font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3"><font face="Times New Roman">Money can make the just behave unjustly, it can make the truthful tell lies. The irony is money is just a belief system, another man-made construct to which everyone willingly submits one’s self. Money can alter one&#8217;s state of consciousness as much chewing-up a wheel barrow<span> full of Peyote buttons. </span></font></font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Our political and legislative debates are void of discussions of money and monetary policy. As they say, the proof is in the pudding. In this case, the proof, is the lack of our society&#8217;s ability to question money&#8230;it&#8217;s the dead silence and the absence of a debate on money among the candidates, the media and the press. When candidates are asked about the Federal Reserve, Democrat or Republican, the response is usually to the effect, “The Fed is doing a good job.”<span>  </span> </font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">It’s more than a little odd the very<span>  </span>act of monetizing the fruits our labor and our hard-earned assets, and the monetary policies we rely upon, are subjects off the radar screen and outside of the great debates of our time. </font></p>
<p><font size="3"><font face="Times New Roman"> </font></font><font size="3"><font face="Times New Roman">Worse yet, it has been my experience that earnest discussions of money are not possible in nearly every forum. Knowing this, and yet launching into these writings over and over, can make one feel a bit foolish. I often feel like <span>the Greek mythological figure Sisyphus, who was condemned to repeat forever pushing a rock up a mountain only to see it roll back down again and again. </span>I guess the whole point of Sisyphus’s useless toil was<span> confronting the struggle itself. It’s the struggle which is to supply reward enough, and by experiencing toil and futility in it’s fullness should likewise fill a man&#8217;s heart to its fullest.</span></font></font><font size="3"><font face="Times New Roman"> </font></font></p>
<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Ah, the joy of it all…one might say I can entertain myself and would make a cheap date.</font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">One thing is for sure, we all believe in money. And the vast majority of us believe money has power over almost every situation and circumstance. That is the reason, and the source, from which our monetary system gets is power. We believe in it. </font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Another thing also for sure, we accept money as it is. Our species may change the definitions and meaning of religion or marriage, or how we govern ourselves; but, we accept our way of creating money. </font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Once could say the masses accept money unconditionally and as synonymous with power and wealth. Unless, of course, one is stranded on a desert island, or laying on one’s death bed. In these instances, there is still about a 50/50 chance a person will believe in the power of money. </font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">Otherwise everyone can be counted among those who believe in absolute power of money.</font></p>
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<p style="margin:0;" class="MsoNormal"><font size="3" face="Times New Roman">The key word here is “belief”.</font></p>
<p><span><font size="3"><font face="Times New Roman">Over many years of observation and experience in attempting to unravel money and monetization, I have reached couple of conclusions.</font></font></span><span><font size="3"><font face="Times New Roman"> </font></font></span></p>
<p><span></span><span><font size="3"><font face="Times New Roman">First, it’s impossible to awaken people to the impending monetary disaster. It’s impossible to awaken people to deal with any impending disaster. Like any system that is out-of-balance, and doomed, it first requires a failure or crash of such a system before people are able to fully comprehend their circumstance. We are not a people predisposed to contingency planning or analysis. The so-called greenhouse gases and global warming are prime example of a big system wobbling out of control.</font></font></span><span><font size="3"><font face="Times New Roman"> </font></font></span></p>
<p><span></span><font size="3"><font face="Times New Roman"><span>Second, by direct observation and through reading a little history, I have come to realize that certain people, sometimes whole communities and societies, even nations, are flat-out destined for the heap pile…usually </span>this kind of <span>unwelcome destiny is reserved for the gutless, the greedy and the ignorant;<span>  </span>but not always. </span></font></font></p>
<p><font size="3"><font face="Times New Roman"><span>Destiny is more than like simply that which occurs.</span></font></font><font size="3"><font face="Times New Roman"> </font></font><span style="font-size:12pt;font-family:'Times New Roman';">Can we awake in time to take corrective action control our destiny? The answer is, it&#8217;s possible, but highly unlikely.</span></p>
<p><span style="font-size:12pt;font-family:'Times New Roman';"></span></p>
<p><span style="font-size:12pt;font-family:'Times New Roman';">Part II - Money: What is it? </span></p>
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		<title>Vanities, Vexations and a Rest-Area along the Road to Sedition…</title>
		<link>http://rhomethyrst.wordpress.com/2007/10/08/vanities-vexations-and-a-rest-area-along-the-road-to-sedition%e2%80%a6/</link>
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		<pubDate>Mon, 08 Oct 2007 04:26:20 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Freedom of Speech]]></category>
		<category><![CDATA[Monetary Reform]]></category>
		<category><![CDATA[Money]]></category>

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		<description><![CDATA[ Where to go from here? More bellow, holler, cry, anger, wrath, or complacency and depression? &#160; Along with many others, I am counted among those who bitch and moan over the path taken by our government. Is this call to sedition all a vanity and vexation which has beset me? I have read and listened to many people who [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=12&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span id="more-12"></span>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman"> </font><font face="Times New Roman">Where to go from here? More bellow, holler, cry, anger, wrath, or complacency and depression? </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Along with many others, I am counted among those who bitch and moan over the path taken by our government. Is this call to sedition all a vanity and vexation which has beset me?</font></p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">I have read and listened to many people who are far brighter, who see the same grim future unfolding, but at the end of the day the hinges on the door squeak just as loudly leaving the room as it happened upon arrival.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">I wonder if the disgruntled in America wouldn’t be better off to laugh at our oppressors and at the heartbreak and discontent they wreak. Could it be that all this grumble, wrath and lamentation, no matter how well-constructed and logical, just provides the oppressors with proof of our enslavement? Wouldn’t laughing at the oppressors condemn them equally with the same disrepute and shame? </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">That’s how Mark Twain dealt with his discontent towards Congress and government, with insightful humor. </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">In Twain’s short story, <em><u>The American Claimant</u></em>, the main character, one Colonel Mulberry Sellers, Attorney at Law and Claim Agent, had a solution to bad government and all of the other ills of the world. Mulberry called it <em>“the materialization of dead spirits”;</em> and he made the claim to have <em>&#8220;almost completed my method to call the dead of any century, and they will arise and walk again.”</em> </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Colonel Mulberry’s goal was to bring back to life the Romans, Greeks, the great statesmen, and legions of victorious soldiers and tens of thousand of veterans. Mulberry saw this as a way to greatly cut the cost of government, and to make buck for himself for orchestrating the savings.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Twain described Mulberry as an <em>“old, scheming, generous, goodhearted, moonshiny, hopeful, no-account failure”.</em><span>  </span></font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Mulberry declared, <em>“I will dig up trained statesmen of all ages and all climes, and furnish this country with a Congress that knows enough to come in out of the rain &#8211; - a thing that’s never happened yet since the Declaration of Independence, and never will happen till these practically dead people are replaced with the genuine article…”. </em></font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Mulberry claimed there would be no need to pay or feed the <em>“materialized”,</em> once dead statesmen. This was, as he explained, another advantage over the <em>“practically dead”</em> statesmen currently seated Congress.<span>      </span></font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Was Col. Mulberry onto something? He certainly made his point. Humor.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">For me, it’s again and again at irregular intervals, I ask the question: just when is enough…enough? How many diatribes should one pound-out and try to shove into the silence-of-it-all before one should call it a day?</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">This question surfaced again yesterday as I began my umpteenth treatise on monetary reform, and as I began to ready myself for another thrash-about against global monopolies, I asked, what for? To what end is it so great as to justify one’s continual rant, wail and alarm sounding? </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">Who am I to suggest people to do a little deep-thinking about changing the direction in which our nation travels. A form of “Mulberry’s dementia”? </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">It just could be as simple as nowadays is a shitty time, a condition that will eventually pass away on its own. </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">I don’t believe in the <em>this-too-will-pass </em>philosophy, which is what someone says walking by a graveyard. </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">What I am coming to believe, and that which I learned over many years, is that certain people, certain communities and societies, and nations are just flat-out destined for the heap pile. </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">There are the glory days, then piper must be paid.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">I fear that on the huge heap pile of sometime great notions (&#8220;great experiments&#8221;), there is where the United States will fall. Thus, there is no cause for levity. </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">I know, I know, I know…Americans think so much of themselves as a nation, and we have ever so many platitudes we chant and offer to prove our greatness.</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman"><em>…we are all about liberty and justice for all; we live in the land of the free and the home of brave; under spacious skies and amber waves of grain; we are the people who tried to form a perfect union, to establish domestic tranquility, and provide for the common welfare, on and on…</em></font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">One can also say, truthfully, we are a murderous people, we are slave masters and plunderers, we are deceitful, we execute some prisoners, we torture others, we live in a natural enviroment that is marginally self sustaining…worse yet it is contaminated with the poisons of commerce, and is an imbalanced enviroment at war with itself. </font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">So I come full circle, back to the starting point…I need to get busy and try again to draft yet another treatise on monetary reform. Hopefully, it will be completed before the masses wind up leg-shackled in a quarry swinging a maul for the corporate kings and queens&#8230;</font></p>
<p style="margin:0;" class="MsoNormal">&nbsp;</p>
<p style="margin:0;" class="MsoNormal"><font face="Times New Roman">I guess it remains important to me to do my part&#8230;it just won&#8217;t make anyone laugh&#8230;</font></p>
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		<title>McNations: Globalization; corporatization, monopolization and the privatization of sovereign nation states</title>
		<link>http://rhomethyrst.wordpress.com/2007/10/01/mcnations-globalization-corporatization-monopolization-and-the-privatization-of-sovereign-nation-states/</link>
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		<pubDate>Sun, 30 Sep 2007 22:21:44 +0000</pubDate>
		<dc:creator>rhomethyrst</dc:creator>
				<category><![CDATA[Blogroll]]></category>
		<category><![CDATA[Election 2008]]></category>
		<category><![CDATA[Money]]></category>

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		<description><![CDATA[It is clear to me a global consciousness is emerging, and Homo sapiens are developing a collective personality and perspective aside from the regional interests associated with sovereign nation-states.  It&#8217;s still early in the struggle-stage, but nevertheless we would be blind to deny it. An integrated global organism of human beings is evolving. I predict the next &#8220;ruler&#8221; elected [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=rhomethyrst.wordpress.com&amp;blog=1738469&amp;post=11&amp;subd=rhomethyrst&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span id="more-11"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">It is clear to me a global consciousness is emerging, and Homo sapiens are developing a collective personality and perspective aside from the regional interests associated with sovereign nation-states.  It&#8217;s still early in the struggle-stage, but nevertheless we would be blind to deny it. An integrated global organism of human beings is evolving.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';">I predict the next &#8220;ruler&#8221; elected to &#8220;lead&#8221; the United States will spend the preponderance of their time on global issues. For sure, the next President will be occupied with Iraq and the Middle East for at least one full 4-year term. I also predict the corruption and decline of the U.S. dollar will be part of their work priorities as well. The social programs severely damaged over the last seven years may, or may not, be part of the next administration&#8217;s top priorities.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">The reasons for the focus on global issues might be because global population growth is out-of-control, there are too many humans squeezed together and pressure is building; or, maybe it will be because human beings are screwing up the global environment; or, maybe will be because nation states are trading and exchanging goods, services and currencies so carelessly, we are creating too many inequities&#8230;maybe it&#8217;s all these reasons, maybe it&#8217;s other reasons, maybe it&#8217;s variations of these reasons&#8230;the fact remains, that we, the people of Earth are in the very early stages of starting to think and act as one worldly people.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">Here&#8217;s the rub. Throughout the history of our species, human and societal relationships usually, if not always, have been about one thing, and one thing only: Who&#8217;s gonna rule? Who&#8217;s the boss?</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span><span style="font-size:10pt;font-family:'Comic Sans MS';">Who will have power over another seems to be a constant underlying &#8220;force&#8221; throughout in every human interaction or relationship. It seems like this force may well be the driving purpose of life itself.  Over the centuries of recorded history, rule and governance were usually transferred from one to another either by violence or alliance.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">In America we have evolved a sort-of-demoratic election system. It is one in which we take pride. We vote for television characters for our rulers. The way it works is corporate controlled media pundits and news broadcasters drag a list of faces and resumes in front of the electorate to gage interest and appeal. Then, batta-bing, the electorate is fed a short list of candidates to whom flows big money from big interests. This is not news, even the village idiot knows it&#8230;big money controls big elections.</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">And most people also believe, or at least can intuit this prediction, the 2008 election will not only be for next ruler of the United States it also will be another step forward towards world governance. At least that step will take place at the public policy level. </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';">Thus, the 2008 election not only represents a crossroads for America, it is a crossroads for the world.</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span><span style="font-size:10pt;font-family:'Comic Sans MS';">From my vantage point, this election is particularly interesting because never before in the history of America have candidate agendas and political planks been more obscure, and at the same time the future so clear. Usually, it&#8217;s the reverse. The gate is slowly swinging open for governance of the world.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">The question is, how can the electorate elect someone to do something never before done? The bigger question is, how to we know who to vote for and who can deal with this &#8220;global thing&#8221; when no candidate is talking about it?</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">Is there a reason for the candidate&#8217;s silence? Yep, you can bet your boots there&#8217;s a reason because all of what is going on today was structured a long time ago. Not every little detail like what might be found in a blueprint&#8230;but the alliances were formed. </span><span style="font-size:10pt;font-family:'Comic Sans MS';">Alliances between continents were established by the then ruling class of elite and powerful.</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">President Eisenhower saw this coming is 1959-1960 when he warned American about the &#8220;military/industrial complex&#8221;.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">You may recall, in the 1970&#8242;s there was much hubbub over a mysterious global alliance known as the Trilateral Commission. The members of this furtive assembly included representatives of government, business and politicians from three continents: North America, Europe and Asia. The hubbub was based on the rumor that the aim of Trilateral Commission was world government and replacing nation-states with globalized corporate states.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">As I conjectured in a previous post, President Clinton midwifed the monopolies and allowed the formation of anti-trust violating conglomerates. President Bush has weaned them, the Federal Reserve feeding-them-up from childhood to adolescence. What was it Clinton really brought across his highly-touted &#8220;bridge to the 21<sup>st</sup> Century&#8221;? It was the foundation to replace sovereign nation-states with corporate states. Accident? Intention? Deeds are what they do, nothing more, nothing less.</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">The American corporate-state recently surfaced under the name &#8220;U.S. Coalition&#8221;. Its incursion into Iraq was peddled to the world as the &#8220;democratization&#8221; of the Middle East. This effort was erroneously labeled operation &#8220;enduring freedom&#8221;.  A wolf in sheep&#8217;s clothing. It&#8217;s about oil&#8230;natural resources, dominance and rulership</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span><span style="font-size:10pt;font-family:'Comic Sans MS';">After watching the actions of the American corporate-state under the guise of the so-called Coalition, and the goings-on in Iraq such as the birth of private corporate militias like Blackwater, and the bales of Federal Reserve Notes bouncing along on flatbed trailers&#8230;it&#8217;s clear the rumors and fears of 1970&#8242;s are coming to pass. </span><span style="font-size:10pt;font-family:'Comic Sans MS';">Our federal government, our nation state, our civil rights and our authority over our government have been usurped by private business interests. It&#8217;s now the American, the great global exportable corporate state&#8230;McNation.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">America is converting itself into a deep, dark and secretive corporate state; one that lacks historical texture such as honor, ethics, and respect for other peoples and their heritage. We are a giant planetary cookie-cutter-monster &#8211; - we have become McNation, the BORG&#8230;</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">I guess I may very well have forwarded too many partially developed notions in this narrative for it to be of much use. However, it made me feel better to write it.</span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">Suffice it to say, I believe Americans should think very carefully about that which is facing the next President and Congress. We are getting fed the standard BS by the media; we are watching the phony debates that divulge nothing; we are listening to and reading the pundits, the op-eds and campaign spins, polls&#8230;(gag).</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">What we should be doing is looking beneath the surface of the Presidential and Congressional candidates to surface those who have integrity, honor and who will be honest and out-front about the perception of next 4-years and beyond.</span><span style="font-size:10pt;font-family:'Comic Sans MS';">The honest politcal wannabes will be those who will tell it as most of already know it to be in our hearts&#8230;it&#8217;s a changing world, it&#8217;s a brave new world &#8211; - and, what America should be about is facilitating the evolution and unification of our world in a manner that gives every people their due, their heritages, their traditions, their natural resources and their religious beliefs.</span><span style="font-size:10pt;font-family:'Comic Sans MS';"> </span></p>
<p><span style="font-size:10pt;font-family:'Comic Sans MS';"></span><span style="font-size:10pt;font-family:'Comic Sans MS';">There is no place in the future for a corporate-based McNation&#8230;<span style="font-size:10pt;font-family:'Comic Sans MS';"></span></span></p>
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