Okay get ready then, because that means we're gonna get political - with our branded sprinkling of levity of course.
Quite frankly, we need some new sheriffs in town; it's that simple.
The dire and existential necessity to fill these solutions-based positions does not require nor infer the need for a new puppets ass warming the revolving seat which heads the paralytic political duopoly from the oval office.
Quite the contrary, the new sheriffs we so desperately need could include people like the former Federal Reserve Board chairman, Paul Volcker or former president John F. Kennedy.
Like a benevolent dictator, Mr. Volcker laid down the law and did what had to be done - good, bad, or ugly - and he didn't give a rat's ass what anyone had to say about it. Mission accomplished.
Kennedy's Jacksonian-Like Executive Order
Much more heroic and ambitious than Volcker, JFK went down swinging as he signed into law executive order 11110 on June 4, 1963.
Many claim that this executive order was designed to strip the Federal Reserve System of its monopoly power to loan money to the United States Federal Government at interest.
I am of the opinion that Kennedy's executive order intended to provide an alternative means by which the US could once again create its own money backed by silver, giving the Federal Government the ability to repay its debts without borrowing the monopolies "reserve notes" with interest to do so.
Unfortunately, though still on record, Kennedy's mission was aborted.
Bank Wars
If one studies the history of Central Banks in the United States one will learn that President Andrew Jackson prevailed over a Bank War, which began in 1829. According to Wikipedia, Jackson's war on the central bank set the stage for the emergence of modern populism.
Supposedly, Jackson's egalitarian rhetoric allowed him to cast himself as the people's tribune against the moneyed elite and their tools in corrupting government, which introduced a rather enduring theme in American politics.
These are Jobs for Supermen
Far from Supermen, presidential candidate Ron Paul and the sudden rise of the Tea Party Revolutionaries certainly prove the effect of Jackson's enduring theme.
Though Ron Paul has many of the right ideas, I am of the belief that his offspring Rand is the one who may someday be one of the sheriffs that will have meaningful impact.
It is becoming abundantly clear with each passing day that anything short of revolutionary change implemented with careful thought and impartial prudence, simply WILL NOT provide any lasting, credible, or peaceful way to reverse course from the immense gravitational pull created by the black hole of perpetually intractable global debt.
Don't Abolish the Fed, Just Let Em' Fend for Themselves
Here's what's gotta be done NAVIGATOR-Style. To begin with, every sane adult on the face of this Earth has to hang their heads in shame and admit that the current system of interconnected globalization and credit-based economies governed by monopolistic fractional reserve central banking entities in concert with the valueless fiat paper they peddle as units of exchange - has UNEQUIVICALLY FAILED, and CANNOT BE RESUSCITATED for any meaningful period of time.
Secondly, once we all get over the fact that "the game" is really, really over - we can then adequately make preparations for a controlled demolition to allow this preposterous house of cards to fall with grace so that we can begin anew, this time with a more realistic and sustainable set of foundational plans. So, how might that happen? I'll tell you how.
The New Band of Sheriff's has to tell the Fed - "They're on Their Own"
Picking up where JKF left off back in '63, I suspect such a plan might be similar to what presidential candidate Ron Paul is calling for, whereby a new form of gold and silver backed currency would be issued by the United States - right alongside the Fed's debt-based paper notes (or IOU's).
Yeah, we'll pay back the Fed any interest they are owed on their paper; they'll simply have to settle for a restructuring that would allow the US to make good on its debts in a manner that is in accordance with its newly adopted and fiscally balanced budgets.
Besides, once the Feds monopoly on its debt-based-notes gets some legal competition with backing, in fairly short order, I suspect that the interest on that paper won't amount to a hill of beans.
Trust me, once these yet-to-be-hired sheriffs get rid of all the pork, waste, and fraud in Washington, there will be plenty of real money, savings, and investment to go around.
If Uncle Ben and his boy's at the Fed have a problem with that - then they can take it to the Supreme Court if they wish. After all, this republic called America is a country of laws, not men.
In the meantime, the Fed can go about its business juggling its bloated balance sheet, and settle up with domestic or foreign institutions as all parties see fit to cope with such realities. If they all fall down - they all fall down.
Such an event WILL NOT mark the end of the world. Quite the contrary, it shall mark a new beginning. It will simply mark the end of the politically corrupting central-bank-monopoly-world, and in the long run ladies and gentlemen, that would be a very, very good thing.
Yeah, there'll be lots of kicking and screaming along with the garden variety of financial panics that are becoming far too commonplace, but once the dust settles and we swiftly hit ROCK-BOTTOM across the board, there'll be nowhere else to go but UP. Forward, March.
Like children getting their first vaccinations, after calming down from the hyperventilating tear-filled cries of unwarranted panic in anticipation of unimaginable pain, we'll all turn to one another and say huh, that didn't hurt so badly after all.
Fear not, for a NEW ORGANIC ECONOMY WILL Ascend (not boom) on a virtually continuous but gentle upward trajectory. Its modest gradient and slow rate of growth might disappoint the old Wall Street crowds; however its path will be stable, enduring, and secure.
In my view, the first nation on Earth to boldly step down from the broken pillars of this clearly failing paradigm - will be the Nation to dominate and lead the globe through the next Century and far beyond.
What band of brothers has the mean-ass unforgiving set of collective balls to get that kind of job done?
I don't know, but whoever they are, this band of sheriffs' shall go down in history as the heroic statesmen-of-steel that finally stood up to create a sustainable economic model that fosters peace, prosperity, prudent social safety nets, and extremely effective levels of national security.
Now that my dear readers is the shining light that should be envied for imitation by the rest of the world - and not the current bill of goods the entire globe has been deceived into feverishly replicating to date.
It's time to close down the old game and begin setting the new standards for the impartial governance, commitments, and stewardship necessary to maintain civilizations forward and successful movement toward a limitless future.
Remember, we are bound only by the collective inertia of our willingness to continue accepting the status quo, and by an ill-conceived fear of change and moving beyond our familiar zones of dysfunctional comfort.
Are You Prepared?
And prepared I am. That's right, I've got the popcorn stockpiled, and the trading platform fired up, and I'm ready to trade this block buster movie into oblivion. Whether Uncle Ben wins for a stretch taking the Dow north of 20k, or whether we do the right thing and bite the bullet, which could make 2009 look like a walk-in-the-park, you can bet your bottom dollar that the NAVIGATOR will be there to take part in history as he trades, invests, and profits from our glorious future regardless of its iterations and outcomes. Join us, and allow me the privilege in doing my best to help you do the same.
That's a wrap. I hope that you've enjoyed my simple take on these otherwise serious topics of interest. If you missed it, you can find out more about the launch of my recent alliance with Elliott Wave Technology here.
See you at my next action-packed market recap and update,
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