The Daily Climb-Tuesday, Feb. 28th, 2012

Tuesday, Feb. 28th, 2012 –  With all of the financial uncertainty in the world, it is understandable that people feel victimized by circumstances beyond their control. Yet, there are things in the control of the people. People can still vote with their wallets. That would be the method that confronts the biggest betrayal of public trust, in United States history. The root of the problem is in the system that distributes the currency. If people refused to do business with institutions that practice fractional reserve banking, the tide would turn, immediately. Many people will still pursue east credit and limitless currency leverage. They will get exactly what they bargained for, in the bank failures and market collapses that are coming. If institutions that accept the limitation of being restricted to loaning deposits in equal measure, they should flourish. The debt spiral of fractional reserve banking is a death spiral. No one wants to die, physically, financially or spiritually. Honest weights and measures are security.

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The Daily Climb-Friday, Feb. 24th, 2012

Friday, Feb. 24th, 2012 –  For 50 years, the accepted “truism” has been that the economy runs on credit. That isn’t entirely true. That only describes the instrument and says nothing about the process. The rest of the story is that the economy runs on insider trading. The workings of the double satandard are obvious. When individual figures get caught in the practice, the result is a contentious trial, and prison time. When public institutions and private banks collude in the practice, it’s called “monetary policy” . the daily headlines in the financial news are filled with events describing “most favored” institutions. Occasional disclosure of improprieties by public officials depend on which faction is currently in power. The final tally of the books is that they are all thieves. Never before in history have people been so dependent on being on the right side of wrong. Entire nations have tied their future fortunes to corruption.

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The Daily Climb-Monday, Feb. 20th, 2012

Monday, Feb. 20th, 2012 –  I’m normally not excited about the political process. I’m not excited, now.  I just want people to understand that the whole spectacle is nonsense. There have been some relatively significant points that have nothing to do with selecting the overseers on the Federal Debt Plantation. Basically, the choices break down into two factions. One faction promises the most candy to the corporations, the little debt farms of sharecroppers, on the big plantation. The other faction promises the most candy to the fielde workers, the masses. It comes out the same way, no matter how anyone votes. The master of the plantation remains the same. This is why the conversation and reality never meet. Every interaction is “working within the system” of Commercial Identity. I would rather use that term. People understand that. They have no clue about citizenship or legal standing. Talking to people about this subject is sometimes like a conversation with the Pod People, from the movie, “Invasion Of The Body Snatchers”. The response sounds like a high – pitched siren.

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The Daily Climb-Tuesday, Dec. 27th, 2011

Tuesday, Dec. 27th, 2011 – We are seeing the unthinkable, being done by the unprincipled. Politicians claim to be doing the most good, for the most people. Yet,  the evidence of their actions undeniably condemns them for placing restrictions and burdens on people that are both debilitating and demoralizing. They seem more concerned with increasing the debt burden on the taxpayers, without causing a riot. The news stories of the coming day are things that we never imagined in our wildest nightmares. The Wars of Corporate Conquest continue. We are bombarded with dangerous chemicals. We are confronted with an increasingly invasive and belligerent bureaucracy. Today we sound the alarm, speak loudly and clearly. Lines are being crossed that put us further down the path to genocide.

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The Daily Climb-Friday, Dec. 9th, 2011

Friday, Dec. 9th, 2011 – Today, my question is: “What’s next?”. There’s a strange brew cooking, in the fiat currency cauldron. To this point, the standard of viability has been measured in what they call liquidity. I call it what it really is, access to debt.I can see it now. A creditor comes around for his payment. You paid the last installment by getting a loan. This time, you just don’t have the “money”. You didn’t tell the creditor that you had to borrow to make the last payment. So, what do you say when the creditor asks, “Well, can you borrow the money from somebody?”  The well has run dry.

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The Daily Climb-Friday, Nov. 25th, 2011

Friday, Nov. 25th, 2011 – Now that I’ve revived from my Thanksgiving nap, I have questions. How many people will lose their jobs between now and the end of the year? How many families with children will be living in homeless shelters? Now that I think of it, living in tents might be good practice for the OWS protesters. They may have to get used to it. What will this Black Friday bring? I see no reason why it should be different than recent years. The media hype is there. The sales prices are there. The payment terms are there. The money just is not there. People have reached the end of the debt string. Something has to give, and the economy doesn’t have any slack for it

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The Daily Climb-Tuesday, Nov. 15th, 2011

Tuesday, Nov. 15th, 2011 – I am just amazed at how people can just whistle through the truth in pursuit of the easy lie. They throw caution and common sense to the winds. Their minds land where gravity takes them. In case anyone hasn’t noticed, that direction is always down.

We’re seeing that governments do not survive this level of debt load. The Euro is a political fabrication, just like the USD. The question of currency survival begs an answer.

http://socioecohistory.wordpress.com/2011/11/16/italian-bond-yields-climb-to-7-french-debt-slides-as-bond-rout-deepens/

 

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