Tag Archives: reckoning

Ever Been Blind Sided?

One reduces the risk of being blind-sided with awareness. The problem with awareness is that we are lacking it due to the imposition and acquiescence to life’s complexities. Even when one deploys discipline in erecting barriers to special interests, variables outside our control compel us to accommodate for the sake of functional conformity.

So, here we are in the information age where values are being blunted at the edges. Liberties are taken in the name of new culturally perceived norms when in actual fact subconscious minds are at work processing the impact of changing goal posts and impingements upon freedom.

Could there be a “reckoning day” when there’s a return to values in their pure form due to the consequences of such a negative change in behaviour? If so, what would that “reckoning day” look like?  Would it be tripping the circuit breaker of the New York Stock Exchange? Perhaps, it would be the removal of ATMs from banking kiosks? Then there’s the unthinkable but that which is showing up in the news. How about a tax revolt? As we speak, things are so dire in Venzuela that mothers are turning to prostitution in order to feed their kids. A report out today sponsored by Canadian firm MNP espouses that “48% of Canadians are on the brink of insolvency”. That’ right. Supposedly, first world country Canada has financially impaired citizens almost as its majority.

Perhaps it’s time to take the blinders off and examine what is actually happening behind the scenes in the offices of your elected officials, board rooms of banking executives, and line ups in corridors of corporate, environmental, and indigenous lobby groups. Perhaps, it’s time to reflect on the line item detail of government Balance Sheets and the injustice of untried tax evasion of elite cheats with offshore accounts. How about regulatory measures of our fractional reserve banking system in the context of spiralling public debt out of control with no apparent plan to pay back? Did you know that our tax system is over 3,000 pages of fine print?

John Titus has exclaimed that when the money supply retracted thirty per cent from 1929 to 1933, there were hundreds of U.S. financial institutions in play regurgitating financial paper. Right now in the U.S. Citigroup, JP Morgan, Wells Fargo, and Bank of America basically represent those hundreds from the early thirties. These four banks are interconnected with derivative positions and they really are too big to fail in the context of what the effect would mean. When there’s deceit inherent within levers of power, there are strong winds ahead.