Sunday, August 7, 2011

People are seething the world over but they have no clue why.

Over in London, UK, young people are again rioting in the streets burning vehicles and buildings and looting whatever they can get away with.  Their excuses for civil unrest don't matter at this point.  They are pissed and they will be pissed until change happens even if they don't know what it is that they should be asking to be changed.

In Syria, the government continues to kill its own people just because the people have told the government to get lost.  In fact, the government there believes it owns the country and the people are livestock.

In Israel, things are heating up as the young people who know damned well they are getting screwed but who do not understand the mechanics of the scam, are taking to the streets by the many hundreds of thousands.

Back home in the US, everyone is finger-pointing at everyone else as to why the S+P downgraded our debt from AAA.  Various different parties are trying to assemble marches and protests.  As an example of how clueless these people are, one lady on the Coffee Party blog wrote that she was going to protest because all of the businesses and corporations were "threatening her ability to collect her rightful payments from the government".

A couple years before I went public with this blog I was telling my family and friends that the odds greatly favored this kind of global political unrest as the debt Ponzi went into the collapse phase.  Its not that I'm so smart but rather that I finally became enlightened regarding the value of history.  Since people don't really change in aggregate, what people did in the past under a certain set of circumstances is going to look pretty similar to what they will do in the future when presented with the same circumstances.

And so here we are.

Of course, the people are correct in protesting.  Its the right thing to do.  Politicians do listen when the masses come knocking at their doors with pitchforks and torches.  Unfortunately, the protesters are all asking for different things, none of which will actually set things right.  The GOPs want more debt to pay for wars and economic "growth".  The Dems want more debt to pay for their fat government retirement promises and to try to stimulate economic "growth".  Everyone is focused on getting what they want to the exclusion of everyone else.  Everyone has bought into the concept that government is an infinite source of wealth.  And everyone is essentially looking for something to be returned to them which they did not work to deserve in the first place.

Very few want to listen to the truth about the root cause of all the unrest.  That truth is that we are all getting screwed because of the dishonest money supply.  Government knows the truth of this but they lack the leadership and skill and the backbone to tell the truth.  Government wants to take no blame for the state of things because they are worried about losing their jobs.  After they lose their positions of power in a duress situation, the next step is to be taken to court on civil and criminal charges and their physical safety becomes a matter of real concern for them.  And so they will let the people fight it out in the streets and then hope we have some government left at the end of the day to clean up the mess.

I expect things to get a lot worse before they get better because nobody wants to listen to the people who know what they are talking about.  Doing so would mean admitting you got taken to the cleaners for having bought into the lies and for having given up control of your own destiny to those in government.  Doing so would be admitting that you have been the patsy in the deal.  But the truth is that we in the US have all been patsies ever since the Federal Reserve began controlling our money supply.  And the world became patsies when they agreed to abandon their own gold standards and to "peg" their money supplies to ours at Bretton Woods I.

The right thing to do now is just to admit that we got taken and to stop counting on the unkeepable promises of government con men.  We need to retake control of our individual lives and to let the free market decide what money is or is not.  Governments should not be allowed to control the money supply or interest rates or to take on debt in any way to pay bills ever.  Until we jointly figure this out as a nation and as a planet, I fear that the unrest is only going to escalate.

We will know that sanity is on the verge of being restored when some major power like China or (hopefully) the US returns to a credible gold standard.  Such an event would create great short term volatility and turbulence but it would sow the seeds of stability going forward as people once again find that they actually get to keep what they worked for, no more and no less.  For at the end of the day, that is really what people are rioting about.
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