Category Archives: Alternative Perspectives

But We Need the Eggs

But We Need the Eggs

Re-posted from

Epsilon Theory

 

Ben Hunt of Epsilon Theory is one of those rare minds who not only can think outside the box while simultaneously standing inside, but personally grow and prosper while doing so. I suspect his secret springs from the fact he did not enter the "financial" field thru the traditional doors, windows and dungeons nearly all others are directed towards as the price of entry.

The article below, which was posted by Ben over a week ago, is in my opinion a must read, even for those who care little to nothing about the "financial" world. He hits the nail squarely on the head in a manner anyone can understand.

Bottom line...we have been, we currently are, and we will continue to be lied to about the "state" of our financial affairs in order to further enrich and empower a small select group of people. And our most effective defense is not to understand the minutia of the lie, but to simply see the lie for what it is, a lie, and not participate.

Please, invest 10 minutes of your time and read the article in its entirely.

Cognitive Dissonance.

Continue reading But We Need the Eggs

Some Thoughts from the Front Lines

Some Thoughts from the Front Lines

By

Casey Stengel

Editor - One of the ways we avoid catastrophe fatigue and protect our denial is to avoid knowing the details, the day to day trials and tribulations of those directly affected by whatever disaster, natural or man-made, is unfolding before our eyes. We maintain our standard of living and its accompanying point of view, deliberately entangled and mutually dependent, by expressing empathy when convenient or necessary to defend our emotional and physical status quo.

Essentially we ignore what is inconvenient or painful to ponder. Like a complex pattern made out of dominoes, once one is unsettled, all are eventually disturbed. To deeply and honestly consider the plight of faraway refugees in Greece, Turkey or wherever they flee ultimately leads to direct acknowledgement of the deliberate and unconscionable political meddling and war making foreign policy of the United States, enthusiastically supported by both political parties, and its compliant allies.

From there, it’s just a short leap directly to you and me. And that’s just a little too close to home, isn’t it? So why even go there? It’s so much easier, and emotionally safer, to swallow whole without chewing the comforting pabulum served up by the US Government and its propaganda arm, the mainstream media. We like our truth carefully filtered and pleasantly intoxicating.  

By accident of birth I was born a US citizen, therefore ‘entitled’ to various rights and opportunities which, while under direct and sustained assault from all quarters, still greatly exceeds those afforded the majority of people on our planet. I do not possess the courage to wade directly into that ocean of misery and despair, but Mr. and Mrs. Stengel, friends of ours for several years now, have and do. The following was written by Casey Stengel (and lightly edited by me) during a particularly difficult time in his work when he was struggling to find the proper mix of empathy, constructive assistance and inner peace. – Cognitive Dissonance

 

Mrs. Stengel and I are working with refugees from the Middle East (ME) and Africa. Not because we especially want to, but we sensed that little voice within saying we should do this. Several years ago, in the wake of the financial coup d’état of 2008-09, Mrs. Stengel and I made great strides in our awakening to the reality of the corrupt central bank warfare model the US lives under and propagates on a global basis.

We began to ask ourselves what our role was going forward and we both came to the same conclusion: we should live our lives in such a way that others will benefit from the blessings we enjoy. We endeavored in our hearts not to waste the years between 60 and 70 solely on selfish pursuits, but to use those years to make the world a better place for at least a few people. Continue reading Some Thoughts from the Front Lines

Learning from America’s Forgotten Default

Learning from America’s Forgotten Default

 

 

As originally posted on Project Syndicate

 

One of the most pervasive myths about the United States is that the federal government has never defaulted on its debts. There’s just one problem: it’s not true, and while few people remember the "gold clause cases" of the 1930s, that episode holds valuable lessons for leaders today.

LOS ANGELES – One of the most pervasive myths about the United States is that the federal government has never defaulted on its debts. Every time the debt ceiling is debated in Congress, politicians and journalists dust off a common trope: the US doesn’t stiff its creditors.

There’s just one problem: it’s not true. There was a time, decades ago, when the US behaved more like a “banana republic” than an advanced economy, restructuring debts unilaterally and retroactively. And, while few people remember this critical period in economic history, it holds valuable lessons for leaders today.

Continue reading Learning from America’s Forgotten Default