"The most significant threat to our national security is our debt," Admiral Michael Mullen, Chairman, Joint Chiefs of Staff, August 27, 2010


Wednesday, January 11, 2023

  The simplicity of us Homo sapiens…

… as we ignore history’s lessons… we repeat past mistakes πŸ”… we add zeroes aplenty to worth less currency’s πŸ’· buy da trillions!   We’re addicted to materialism… many of us are obese… and we simply remove little ones b4 they take their 1st breath.

Individually… we’ve got the repeat stupidity of Vladimir PutinπŸ’₯ blastin’ away his neighbors simply displaying today’s Neanderthal mentality from millennium ago… now… the 3rd πŸ₯‰ decade of the 21st century.   Neanderthal buffoonery!

At home, Vlad’s joined with Biden’s old fella buffoonery… and dopey Don’s (dD) brain 🧠 less verbal butt blastsπŸ’₯ that cause dis’ gettin’ old ornery fella (goof) to ask… why was I so stupid to have voted for dD and then I vaguely recall the rectal alternatives of a few years ago?

I was conceived… born in this country… when women and men knew liberty πŸ—½ needs individual responsibly… in 1942.   Yes, our good young men travelled 🧳 across both our bordering oceans 🌊… hoping to return (many did not) and simply get back in the arms of the woman πŸ‘© they love… or hadn’t even yet met.

I… goof, simply thank Jesus… the ManπŸ‘¨ on the Cross… he gave all as did the men above ⬆️.

That’s simply why I write ✍️ these letters and words.   I simply hate materialism.   I love πŸ’• the America πŸ‡ΊπŸ‡Έ I arrived in.   I'm old... would simply give all to return America to responsibility… meet freedoms sole (soul) requirement… this opportunity to exist and pass on to others as they passed it to thee and me…

Kate Smith sings God Bless America… https://youtu.be/TmfeNq5x5aQ

 

 

Saturday, January 7, 2023

Well worth reading…

… go to:  https://www.linkedin.com/pulse/two-part-look-1-principles-navigating-big-debt-crises-ray-dalio/?published=t&fbclid=IwAR3XHsn3YDK0GasVEDhTMeFSc1WQKOkTeDHXCKAwKmCb1WvQHwuzCSd_MbU

Comments that follow are also… well worth reading…

… that’s a fact Jack!  As a matter of fact... some appear to also share the view that we Homo sapiens sure do keep repeatin' our mistakes...

Saturday, December 17, 2022

A brief essay about Homo sapiens stupidity…

Materialism pretends to meet/fulfill freedom’s daily need for survival… RESPONSIBILITY!   It does not!   RESPONSIBILITY is miA… missin’ in America.

Homo sapiens history endlessly repeats itself… individually (moi)… community (thee, me + others).  America... endless… costly… materialism = stupidity!

Total words above ⬆️ = 45!

That’s a fact, Jack!

 

 

Thursday, December 1, 2022

A verbalized printed “question” re: materialism… unrepayable DEBT and, simply… America’s stupidity

·       Let’s begin this (moi*’s) brief offerin’ with googlin’ – what happens when governments print their currency… here are the top answers:

o   https://www.economicshelp.org/blog/634/economics/the-problem-with-printing-money/

o   https://www.aarp.org/politics-society/government-elections/national-debt-guide/faqs/why-cant-government-print-more-money.html

o   https://insights.som.yale.edu/insights/should-governments-print-money-to-make-it-through-the-pandemic

o   https://www.econ.iastate.edu/node/673

o   https://www.forbes.com/sites/williammeehan/2020/10/21/can-the-federal-reserve-print-money-forever-or-how-continuing-to-print-money-to-support-deficit-spending-may-end-badly-with-chinas-help/?sh=675868be58d4

·         Okay… why did moi* offer the above five ⬆️ huh?  Briefly moi*… aka goof*… responds:

o   Because moi* briefly read the 4th and 5th links above… no, not entirely… and came upon these words of ignored wisdom in #5… moi* shares… read and weep…

“It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.”  Paul Volcker (1994)

“Large government deficits exist and will almost certainly increase substantially, which will require huge amounts of more debt to be sold by governments — amounts that cannot naturally be absorbed without driving up interest rates at a time when an interest rate rise would be devastating for markets and economies because the world is so leveraged long."  Ray Dalio (2019), founder of Bridgewater Associates, a hedge fund, and author of Principles: Life and Work

* moi = gettin’ old ornery fella… goof… asks… when is “you know what” gonna hit da’ fan… ?