Posts Tagged ‘finances’
I recently visited one of the local Occupy events here in downtown San Diego. I have been a radio talk show host with Freedomizer Radio for about 6 months now. During the course of my shows I spend alot time reading news articles from both the mainstream and smaller newspaper venues on the web. I try to provide an objective view when I present these news articles to my listening audience. There are many times I find a lot of the articles that I read from most of the mainstream outlets tend to be very biased.
When I arrived at the San Diego Civic Center there were about 30 or 40 people. There was a folding table at one end where there was a lady and a couple of other people that appeared to be part of the organizers. I approached the lady behind the table and asked if I get an interview with here. She threw her arms up in the air and declined saying that she didn’t want to be on the record for anything. Another man that was standing around the table offered to give me an interview. He had an accent and gave his name as William. He didn’t speak very clearly but had something to say. I will call him 1stWilliam since he was the first person that I interviewed. You can click on his name to hear what he had to say.
I walked around the various group speaking with some of the people and introducing myself as a radio talk show host. There were a lot of sleeping and bedrolls and various people relaxing and napping. One gentleman was playing a guitar and entertaining a small group of people. I approached one gentleman that had a sign advocating medical marijuana. I asked him if you would like to give an interview and he declined.
I then walked around the outer perimeter and noticed a black gentleman with a black bullhorn decorated with some 9/11 Truth stickers. I stopped and introduced myself and asked if would like to give an interview. He accepted and was very vocal and wanted to talk about the 9/11 Truth movement. As I spoke with him I asked him if he thought the protests and public frustration were the product of 9/11 and the recent economic downturn. He agreed with me and gave his feelings on the subject. I call him Muhammad and you can click on his name to listen to my interview with him.
I took a short break and had a beer. Afterward I returned to the small crowd and noticed a group of young people sitting in a circle having a discussion. One young man was holding some paper and it looked like they just finished voting. This appeared to be one of the informal committee that was mentioned in an article that I had read in the OB Rag. I approached the young man holding the paper and asked if I could get an interview with him. He agreed and we went and sat on the wall. He gave his name as William. You can click on his name and listen to his response.
Overall I felt my mission was a success and gave some of the folks of Occupy San Diego to speak.
The recent developments on Wall Street point out the huge incompatibilities of government intrusion into private investments and the free market. The Federal Reserve can easily print huge amounts and issue an endless slew of Treasury bonds where the debt is conveniently sold to foreign entities that are more than willing to sell them off and avoid the eventual collapse of the American economy. How far can you raise a debt ceiling without devaluing the dollar? One of the sticking points of selling Treasury bonds to country such as China as they only have an economic relationship with us, not that they really care about American citizens. If they feel that they will receive no return on their Treasury bond investment, what prevents them from selling them off to another nation that we have issues with such as Iran or North Korea.
What a horrible surprise for the U.S. Treasury having to honor the value of a mature Treasury note to a country that is testing nuclear weapons. President Ahmadinejad would be pleased as punch if the U.S. had to hand over several hundred billion dollars for a mature Treasury note that had passed through the hands of several enemy nations before having to pay off to Iran. Meanwhile the American citizen’s financial neck is in the noose that is attached to the rising debt ceiling as they stand on the melting value of the dollar.
Grab your wallet! If you don’t the state of California will. Those folks on public assistance wanting to spend their free time at the casino or strip club will not be able to withdraw cash on their EBT debit card at a majority of these establishments. The state is asking for voluntary compliance at these businesses to reject cash withdrawals on these EBT debit cards. In the eyes of the state these transactions are not considered essential for the basic survival of an individual or their family.
Perhaps the general public that is not on public assistance thinks this is not a bad idea and in the short term it seems like a good thing. On the other hand the state and those salaried folks in our institutions of government are salivating at the chance to write some legislation to control this wasteful spending. They need a chance to justify their existence and look out for ‘the good of the people’. When this particular piece of legislation is ratified the general public will break out in a big hoorah and say good riddance to those scoundrels spending their hard earned tax dollars on a table dance or a pull on the slot machines. But we have such short memories.
Then we fast forward to the future that will come sooner than we think. Then one day the goody two shoes media, eager to sniff out a story of government waste, will announce one day across our televisions and say, “Looky there! There’s that scoundrel that hasn’t paid his parking ticket and his library fines. He is not on public assistance. Surely he has the means to pay. What can our government do about this?” Then the cronies that infest our government institutions will look back and say, “We stopped those scoundrels on public assistance with their EBT cards. We can just amend that law to include those scoundrels not on public assistance that refuse to pay their parking tickets and library fines. We’ll make them pony up those fines before they decide to fill up their gas tank, buy groceries, or pay their rent. That will teach them a lesson. The banks will be go along we bailed them out.”
This time there won’t be a big hoorah from the general public because they will suddenly be looking at their own debit cards and wondering where the money went.
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