Thursday, August 11, 2011

Central Banks Only Cause the World’s Economic Problems, Not Solve Them.

August 11th, 2011


According to Bloomberg News, Federal Reserve Bank of Minneapolis President Narayana Kocherlakota stated: “Central bankers alone cannot solve the world’s economic problems.” One thing WE citizens all can be sure of, however, is that Central Bankers alone can cause the world’s economic problems – and seem to do so with the blessing of national politicians who typically appear as nothing more than lackeys and errand boys of the central banks, of course.

The Federal Reserve System has enabled and brought about the devaluation of the U.S. Dollar/Federal Reserve Note. The massive devaluation of the U.S. currency is readily evidenced by the all-time-high dollar value of gold. (The Fed holds much of the nation’s gold – worth noting.) Also, the massive devaluation of the fiat dollar helped to cause the real estate bubble. The massive devaluation of the dollar clearly has caused the difficulty with the U.S. Bond – its rating and down-grading. So without a doubt, the central banks – or at least the Federal Reserve System – can and have caused the world’s current economic problems.

Adam Trotter / AVT


PS. Please remember that the likely unconstitutional Federal Reserve System is not a government agency. "Shred The Fed!!"


PSS. I will argue in support of these statements in blog entries to follow. AVT


See:
Fed’s Kocherlakota Hinted at Willingness to Break Ranks on Policy in 2010
http://www.bloomberg.com/news/2011-08-11/fed-s-kocherlakota-hinted-at-willingness-to-break-ranks-on-policy-in-2010.html

Fed to Hold Interest Rates Steady and Low – Fed Appears as Stupid and Slow!

August 9th, 2011


While the nation is in the throws of the Great Depression [and liquidity trap] of the New Millennium and with the recent [and probably long overdue] down-grading of U.S Government bonds, The Federal Reserve announced its plan to hold interest at all-time-low rates for two years. While history debatably has shown that lower interest rates during economic down-turns helps to increase dollars in the marketplace to spur economic growth, the present circumstances seem unlike anything in the nation’s history.

The Federal Reserve – while claiming to be acting in the nation’s interest – is quick to keep more and more dollars in the marketplace as this apparently allows the Fed to continue to ‘have its cake and eat it too.’ What I mean by such a statement is that the Fed clearly has a long-standing policy which includes the massive devaluation of the U.S. Dollar/Federal Reserve Note for any number of reasons of which I repeatedly have blogged. Now the Fed can try to flood more dollars into the marketplace through lower interest rates in a claimed attempt to help grow the economy out of this depression while also further devaluing the Dollar which appears as what the Fed has wanted for years. And, of course, it is likely the extremely devalued Dollar has led to this latest Great Depression [and liquidity trap]. This announced and extended low interest effort probably will be fruitless anyhow as the banks seem unwilling to lend money. In the end, Citizens should seek to understand why the Fed desires to appear as helping the nation while, in fact, it ultimately will continue its long-standing policy regime that has surely led us to this Great Depression [and liquidity trap] of the New Millennium – again, such a regime which includes as its cornerstone the extreme devaluation of the U.S. Dollar/Federal Reserve Note.

To continue along the same economic path that the Fed has invoked in the past and which likely caused the current economic difficulties surely seems foolish – in my opinion. So foolish does the policy regime of the Federal Reserve seem that it would appear that President Obama would do better to hire me as Treasury Secretary than to allow the Fed to do its own bidding and to continue its current policy regime with the apparent blessing of the Administration and Treasury Secretary Geithner (a Secretary who appears no more than as a mouthpiece for the Federal Reserve). Why do I say this? Read on….

What should the Federal Reserve System be doing in the midst of the Great Depression [and liquidity trap] of the New Millennium to help the nation? Well…, I think I know what they should be doing during this liquidity trap which has maintained this economic depression and I have blogged about my ideas in the past. Furthermore, without any doubt, I believe the nation would be better served to ‘Shred the [unconstitutional] Fed.’ The apparent fact remains, however, that the nation’s politicians are unwilling to ‘buck’ the all-mighty Federal Reserve System. (Ask me why, if you don’t think you know already.)

Of course, I am aware that no one may really understand how the nation’s and world’s economies function and interact. Regardless, in light of the Federal Reserve’s recent track record there appears one thing that we can all be sure of, such being that the nation would be in a better position economically if the Federal Reserve was to do exactly the opposite of what it thinks is best!!! Again, why do I say this? Because, given a liquidity trap compounded by an ever-devaluing Dollar, the low bond rates are the likely source of the economic problem!!! At the risk of sounding as arrogant as the Federal Reserve and our nation’s politicians, I find it odd that one such as I would even believe it necessary to explain such an issue to the fat-cats of the Federal Reserve that run and own our nation and its economy!!! As a result, I believe it is clear that The Federal Reserve and all those that endlessly support the Federal Reserve System are either stupid, in denial, or really don’t care about the welfare of the nation and its populace! It is clear at this point in time that the Fed doesn’t know what to do or doesn’t want to do as it should to fix the nation’s and world’s current economic mess.

Adam Vernon Trotter / AVT


See also:
Fed: Low rates to stay till at least mid-2013
http://www.marketwatch.com/story/fed-low-rates-to-stay-through-at-least-mid-2013-2011-08-09


U.S. Federal Government Debt Difficulties? What Should a Citizen Do?
http://adamvernontrotter.blogspot.com/2011/07/us-federal-government-debt-difficulties.html


Incompetence and Confusion: Federal Reserve to Raise Interest Rates? U.S.Dollar, Liquidity Trap, Inflation, and Savings.
http://adamvernontrotter.blogspot.com/2011/06/incompetence-and-confusion-federal.html


A Just Government Fears Not…
http://poetrybyadamvernontrotter.blogspot.com/2011/03/just-government-fears-not.html

Monday, August 1, 2011

I blog, therefore I am.

August 1st, 2011



‘I blog, therefore I am,’ (a phrase/quote taken from a Sunday newspaper cartoon sketch given to me by a friend sometime ago and I don’t remember which cartoon).


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To blog is different from other types of writings. As books and the likes are often called ‘living documents,’ a blog is much more so. While I personally make a reasonable attempt to not significantly change any of my writings after I publish them on-line, a blog often invites the author to revisit and reassess the subject matter of the writing long after it is initially written. As republishing any blog is as simple as a computer click, blogs may often evolve and change with the passage of time – whether such changes are readily apparent to any reader or not. Obviously then, editing a blog can occur at anytime after it is initially published and no addendum or new edition is ever required – so blogs typically can be considerably different entities than writings in a printed format.


Adam Trotter / AVT



Also posted at:
http://poetrybyadamvernontrotter.blogspot.com/2011/08/i-blog-therefore-i-am.html

Wednesday, July 27, 2011

U.S. Federal Government Debt Difficulties? What Should a Citizen Do?

July 26th, 2011


To me, solving the long and short-term financial debt levels of the U.S. Federal government appears as an easy-fix. In my opinion, the debt levels could be drastically reduced while government agencies maintained sufficient funding to perform their required functions and no tax increases would be necessary. However, OUR nation’s governments and the politicians who populate those entities seem unable to recognize how to concurrently attain these goals – goals which may seem as a dichotomy to those blinded by long-standing and unnecessary government paradigms.

With our politicians and governments seeming as ignorant or as maintaining motives for not solving the nation’s economic difficulties, the American Citizen is then left in a quandary. Should the Citizen denounce and reject the U.S. [Federal] government, its politicians, and its typical way of business, or should the Citizen demand action within the allowances of nation’s current framework to rectify the many ills of the nation’s on-going economic problems? Essentially, I would tend to the latter choice and some combination of the following actions/changes within the nation's framework are what I would offer as demands to help to bring back the overall economic well-being of the Citizenry – in keeping with our nation’s current framework which allows for such changes:

FIRST, the Citizenry should DEMAND THE REPEAL OF THE ELEVENTH (11th) AMENDMENT to the U.S. Federal Constitution. The First ten amendments to that sacred document are what WE in America recognize as OUR Bill of Rights. It’s ironic that the first follow-on amendment added to the Constitution – after the first ten – is so opposed to the spirit of the Bill of Rights. The first ten amendments, of course, being brilliantly authored to reflect what is known to be Right and proper. Then along comes the Eleventh Amendment which attempts to do its best to negate much of the first ten amendments when such is applied to a U.S. state or government agency (and its officials) in our Land. By allowing the politicians, officials/bureaucrats, and governments themselves to stand in opposition to what is known to be Right and proper and true, and then for the Constitution to provide a shield from any liability for the governments’ negligence/ignorance, appears as contrary to the American way – with the American way being that WE are accountable for our actions and WE attempt to correct our mistakes. However, there is no denying that the Eleventh Amendment allows for absolute negligence from OUR governments. As they are not liable or held accountable for their actions, the government entities and officials then have little reason to care of negligence or ineptitude, apparently.

The SECOND DEMAND that the American populace should put forward to fix OUR current economic mess, in my opinion, is to DEMAND THE REMOVAL OF ANY POWERS ENUMERATED TO THE FEDERAL RESERVE SYSTEM concerning OUR nation’s economic well-being – powers which would appear as improperly/unconstitutionally enumerated from OUR Federal government. Aside from the nation’s current economic mess, even former Fed Chairman Alan Greenspan himself stated in his book that the economic boom years of the President Clinton era were a testament to the inability of the Federal Reserve to properly control the nation’s economy. Forgoing his explanation for his statement, such a statement nevertheless shows the Fed is not as all-knowing as it would hope to appear concerning our nation’s economy in spite of having the better part of a century in which to practice its economic operations. So it would seem to this day that the nation would probably be better off without the Fed – as was the nation for much of its history. Whatever the Fed might be doing to better the nation’s economy, such does not appear to be bettering the matter for the nation and the populace. Then again, maybe the Fed does not want to better the economy of the nation – as it is not a government agency, it maintains no fiduciary responsibility to anyone other than itself, nor does this federal/national banking cartel seem to be required to uphold the nation’s Constitution either, as would be required of Federal government employees/entities.

As a possible THIRD DEMAND to be in the best interest of the populace to fix the American nation’s current economic mess, I might suggest that AN INTRINSIC/REAL VALUE BE SET FOR OUR NATIONAL CURRENCY. I am aware that we have all heard (or been told) that a non-fluctuating [U.S.] currency or fixed exchange rate could not function in the modern financial era. Of course, for many years, OUR nation had no nationally recognized/issued paper currency. Once adopted, OUR printed currency then generally maintained a fixed-exchange rate for significant periods of time. Then, long about the 1970’s, or so, the American/U.S. Dollar (or Federal Reserve Note) became a traded commodity – and from the People’s perspective, the nation has slipped down the hill of economic well-being ever since. All the while during the nation's economic slide, the value of the Federal Reserve's gold holdings have likely increased ten-fold. Of course, the currently traded fiat Dollar and its varying exchange rate is essentially managed by the Federal Reserve System (with our dollar also being known as the Federal Reserve Note) – which brings us back to the first two demands as delineated above in this writing.


So again, I would suggest that its time to dump the Federal Reserve System and probably time to repeal the Eleventh (11th) Amendment to the U.S. Federal Constitution as well as fixing OUR currency. I can’t guarantee that these steps will immediately solve all the nation’s economic difficulties nor do I claim that there exists no other valid idea(s) for bettering OUR current economic well-being. However, I could guarantee that such steps/demands as explained above would likely go a long way toward fixing much of the nation’s current economic woes.

Adam Trotter / AVT



The Economy is Bad. Where is The Fed?
http://adamvernontrotter.blogspot.com/2011/07/economy-is-bad-where-is-fed.html

The U.S. Federal Government: Its Debt and Its Apparent Stupidity.
http://adamvernontrotter.blogspot.com/2011/07/us-federal-government-its-debt-and-its.html

Saturday, July 23, 2011

Mass Murder in Norway – A Nation Where Few Civilians Are Allowed to Carry Guns for Self-Defense. What Say You, Mayor Bloomberg?

July 23, 2011

In response to yesterday’s tragic and senseless mass-murder and killings in Norway, I regrettably must ask: will we also be seeing similar / continued incidences of mass-murder in the U.S.A. when folks like Mayor Bloomberg and his anti-gun coalition get their wish to prevent the American citizenry from carrying defensive weaponry such as handguns in a manner as such laws seem to suggest in Norway?

///

From Wikipedia: (http://en.wikipedia.org/wiki/2011_Norway_attacks)

“…Approximately two hours after the Oslo explosion, … he took a ferry to the island of Utøya, the location of the Labour Party's annual Workers' Youth League (AUF) youth summer camp. Once there, he engaged in a systematic shooting spree amidst the campers before finally being apprehended. …

WHILE DRESSED AS A POLICE OFFICER, [the killer] asked people to gather round him BEFORE INDISCRIMINATELY FIRING HIS WEAPONS, KILLING AND INJURING NUMEROUS PEOPLE. He first shot people on the island and later started shooting the escaping people in the water. … MOST OF THE CASUALTIES WERE YOUTHS OF ABOUT 15 AND 16 YEARS OLD; …

According to an eyewitness, … IT TOOK POLICE MORE THAN TWO HOURS TO ARRIVE AT THE SCENE. WHEN THEY ARRIVED, THE SURVIVORS WERE BEGGING THE OFFICERS TO THROW AWAY THEIR WEAPONS, AS THEY WERE FRIGHTENED THAT THESE MEN IN UNIFORMS MIGHT ALSO OPEN FIRE on them in a manner similar to the act of the perpetrator. …”

///

Apparently, private gun ownership by citizens of Norway for the purpose of self-defense is “…practically never accepted as a reason for gun ownership. …” (from http://en.wikipedia.org/wiki/Gun_politics_in_Norway - remember about quoting Wikipedia) However, for a likely more reliable site concerning gun control laws in Norway, see: http://www.gunpolicy.org/firearms/region/norway.


Would the sickening mass-murder and killings in Norway have progressed to such an extent if a few individuals in the crowd of innocent victims maintained defensive weapons to end the carnage by returning fire at the violent killer/creep? OF COURSE NOT!

Mayor Bloomberg of New York City, as a U.S. politician who would seem to prefer the American citizenry to remain as individually defenseless against crazed violent creeps as currently appears is the case with the citizens and laws of Norway, I wonder, what say you on this most recent matter of the cowardly mass-murder of the defenseless innocents in that nation? Of course, I am aware that it is much of your apparent anti-gun position that crazed individuals should be denied firearms. But what of the instance where the crazed individual appears no less sane than anyone else? What of the continued theft of guns from governments and armies with those guns landing who-knows-where? Until you are able to obtain your Utopian and idealized world wherein only despots, tyrants, and all-powerful armies have exclusive access to your idealized world’s limited amount of ‘defensive’ firearms, the citizenry must be able to defend themselves against attack from violent creeps who seem able to obtain firearms regardless of any law intended to stop the creeps from obtaining these weapons!

The Law of the bygone Wild,Wild West of yesteryear appears as much more realistic and more effective as well – when it comes to dealing with crazed and violent creeps walking among the law-abiding and decent folk of the world!

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Regardless of all else, may I hereby be allowed to pass along my sincere sympathies and condolences to the families of those murdered as well as to the nation of Norway. May the innocent dead rest in peace.


Adam Trotter / AVT



Also see the following about Norwegian gun control laws:

ACT NO. 1 OF 9 JUNE 1961 RELATING TO FIREARMS AND AMMUNITION
http://www.ub.uio.no/ujur/ulovdata/lov-19610609-001-eng.html


Norway — Gun Facts, Figures and the Law
http://www.gunpolicy.org/firearms/region/norway


The Norwegian Register of Hunters
http://www.brreg.no/english/registers/hunter/index.html

Norwegian Laws in English
http://www.lovdata.no/info/lawdata.html


Lov om skytevåpen og ammunisjon m.v. [våpenloven].
http://www.lovdata.no/all/nl-19610609-001.html


Lov av 9. juni 1961 nr 1 om skytevåpen og ammunisjon m.v. [våpenloven].
http://www.lovdata.no/for/sf/sf-19610609-001.html

Norwegian law in foreign languages
http://www.ub.uib.no/avdeling/jur/norlaw.htm


Handguns Save Life and Property, While the Defenseless Can Lose Everything.
http://adamvernontrotter.blogspot.com/2011/07/handguns-save-life-and-property-while.html


Fuck the Stupid Drug War; Let’s Start a War on Violent Creeps!!!http://avt777.blogspot.com/2010/03/fuck-stupid-drug-war-lets-start-war-on.html

Stop the Violence on Our Streets and in Our Society!!! If It Takes Violence to Do So, Well.... Damn the Torpedoes, Full Steam Ahead!!
http://avt777.blogspot.com/2010/03/stop-violence-on-our-streets-and-in-our.html

Monday, July 18, 2011

I’m Not Afraid to Take a Stand, Either!

I’m Not Afraid to Take a Stand, to Voice my Opinions, or to Defend a Just Position Either!



AVT


Eminem - Not Afraid
http://www.youtube.com/watch?v=j5-yKhDd64s