Wednesday, October 31, 2007

The Economy and the Fed Decison Today

I have been reading about the economy how it works, how the Federal Reserve attempts to affect it in the best way for the good of the people (or for the good of its interests?). It was for the people, I think the economy would be better for the lower middle-class and poor. But, I have become a skeptic in recent years as I begin to do my research.

As I write this the Fed Chairman, Ben Bernanke with those who have power on monetary policy will make a decision. As I view this all, it is a BIG game. I almost think of this whole economy as the story of the king who walked around naked and whereas the people acted as though the king had some fantastic new clothing - everyone (the king's subjects) thought it was grand, splendid, and spectacular. However, there was one young child who flat out said, "The king is naked!" Ho hum, as people contemplated what the child's expressed, they realized that the blinders were slowly being lifted, and they recognized that the king was really naked and the clothing the people thought was grand, was not really there; they could see with their eyes that the king was truly naked as the child mentioned.

There will be a time that the masses will no longer be fooled! There will be a time, in the not too distance future, that people will realize that the great fall of the US dollar is imminent! Will America, as we know it, be the same, never again after such a tragic encounter. America, the people, the good people are resilientl; and I am confident in the people NOT the government because they, along with the circumstances that have prevailed has place good, honest men/women in a position to make it appear that the king has clothing that is grand, spectacular, and exquisite.

I believe that Feds will do what they need to do today (Weds., Oct. 31st). It may be an irony when they (the Feds) make their decision on Halloween - hmm?

Anyhow, the economy in America is sick, very sick; although many of us in the US act the same when we get a cold. We do not rest, or take the necessary measures to recover. We have, not only a cold, but a walking pneumonia, that will either bring us down hard and fast, or slowly bring us to a deep crisis that we MUST AWAKE and do the right thing! WE must prepare those of us who know this, and let the others drown as if Noah was entering the Ark, and the flood is coming - all the warning will do not good because the mentality is - all is well!

This is all written in one sitting, so if it make sense, then I am glad. If it doesn't then I will come back an edit it after I review it later. But, I want to post this now because as many experts behind the scene has been talking, these voices are only an echo behind the noise when it comes to the Austrian school of thought in Economics. The interpretation and sophistication of our US Government has allowed the jargon to be so convoluted, that as an educator, how can the masses whose reading ability is between a 4 to 7 grade level, understand what is going on in the economy.

May God bless us who are prepared, and may God have mercy on those who are not, and may God be just to those who are manipulating and outright dishonestly stripping the wealth of the American People.

On a final note, in our US dollar, it states, "In God We Trust" - I can actually and wholeheartedly agree with this statement when we refer to the good, honest, and down-to-earth people of America, who believe in the God of Israel, Jehovah of the Old Testament, Jesus Christ of the New Testament; but when we refer this to those who mock our creator and the multitude of blessings that he has pour out upon the United States of America, by devaluing the currency and the mismanagement and corruption of the wealth of the hard working people in the US, "In God We Trust" are only mere words that does not matter to them whether it is printed on the currency or not.

God will not strive too long with a currency that has his holy name backing it. God does NOT deal with men in such a way to mock his holy and sacred name.

The economy will be corrected and the correction will be of grave suffering to the people who have not prepared. The doors will close to the 5 of the 10 virgins who did not have their oil ready.

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