Tag Archive: fed


The one thing I have realized on my path for the last 20 years is that nothing is theoretical, but must be substantiated by phenomena in order to be realized as true. Something interesting, in the order of banking families, is the method in which they are gambling on.

The CME does a Daily Delivery Report and all of the future contracts are being stopped by JP Morgan, Bank of Nova Scotia, and Duesche Bank, originally known as Deutsche Morgan Grenfell. Bank of Nova Scotia, known as Scotia Bank acquired Mocatta Bullion, whose offices were located in Rotschild NM office and the Bank of London, a Rothchild Bank.

It’s sort of common knowledge that JP Morgan was an agent of the Rothschild in America and helped form the Federal Reserve System. Now here’s the funny part! The bankers know they have over extended the general economy, and there is a rumor that the plan is to push it as far as it will go, while acquiring Gold. The thinking is that a global currency can be formed based on the gold standard… a Global currency, except for one thing..

The problem with currencies is that once people decide that one is worthless, it is very hard to change their mind. This happened throughout the US history of money. Hundreds of currencies were created based on everything from metals to interest earning and all of them failed due to “trust” in the currencies stability…

Now the issue is much different. Under the Dodd-Frank law, they recently did an audit of the Federal Reserve. It was a serious battle to get the Fed to agree with this and they lobbied hard to try and stop the US from seeing there books. The outcome was that we now know that the Fed has a 16 trillion dollar negative balance on their books, from propping up the banks through this whole mess from 2008 till now. The irony of this is twofold. First they could have bought the entire subprime mortgage glut of forclosed homes, as well as the bad notes (subprime mortgage certificates) for a total sum of 2.5 trillion, and immediately went after the banks, holding them responsible for the mess. Down sized them and made the system solvent again, while saving the taxpayers the hardships now going on.

The other irony is that, if you take the entire history of the US GDP (gross domestic product, or every penny sold in goods and services in the US) it still doesn’t add up to 16 Trillion dollars in one year, that coupled with the 150 Trillion in US Government obligations and 12 Trillion in Private debt, you have a figure that can never be paid, no matter how you chop it up into years. The bottom line is, that the system, no matter how they paint it is headed for a change. The bankers, which gamble on outcomes as a business of risk and then manipulate the game so that they always win, are in for a surprise.

Surprise part one is the psychology of a society that has lost faith in an idea. It moves in reverse of the momentum it took to create it, like a train trying to decelerate. The weight of the system and it’s momentum are real and cannot be ignored. It is the law of inertia, and not just a theory. The other fact they seem to be ignoring is the Social Media driven Occupy Movement. It is a game changer in several ways. It is a shift in consciousness. The idea that we need money is the lie behind the entire debt system. Communities, even Rome, never traded within the community. Our education system only teaches us that and we repeat it like a mantra, which makes it seem real, but it’s not. The reality is that communities have always traded surpluses with other self-sustaining communities, until the modern age, and the reason this is the norm now is to finance war and interest charged by the debt system it needs to finance more systemic control factors as the World continues to intigrate!

Lincoln went to the Bank of London and asked the Rothschild’s for a loan to pay for the war and they said no. They were making a fortune on exporting clothing to all of their “colonies” and needed the cotton to keep flowing at the cheap, slave labor farmed, prices they were getting from the southern states. So Lincoln created the Greenback. It was currency that was guaranteed, by the government to be good, and had nothing behind it but that promise. They used it to pay the troops and it was in circulation until 1971, when Nixon took it out and then ended the gold standard. Now our money is a “Federal Reserve Note”.

The occupy movement is a totally different framework of communication and community belief, that we can come together and work like a family. We can be self-sustaining through our own contributions, and make decisions by consensus. We share everything we have, including information and in this way are entirely transparent. The other thing that makes this phenomena so powerful and grounded in reality is that we have no leaders and anyone can start a new circle anytime they want, anywhere they want. It’s a living organism of people taking each day as it comes and making decisions about it, and acting on those decisions.

There is no way to stop an organism that has no central nervous system, and because we are emotional beings at our core, and sharing everything viraly through the internet, we respond to every infraction by growing, learning, and response to each new challenge. When others see the truth revealed by the system, as it tries to control our movement, their natural empathetic response gives rise to greater numbers. This is why is hasn’t stopped, nor will it quit until the whole world is changed.

When this is over, no one will own anything, and no one will be without anything! Ever again!! Anarchy isn’t chaos. That’s a lie to keep people dependent on leadership. They are afraid that if we start working together that we’ll do away with their ideas about the world and leave them helpless to fend for themselves. Nothing more. Capitalism is fear! Our true nature is “empathetic to our community” and this is Love!

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Socialmedia Influence - Currency of the Future book coverSocialmedia Influence – Currency of the Future is now available on Amazon.com, Amazon.co.uk, and Amazon.de

Michael Light started Endoflex in 2006 to report the beginnings of the Subprime Mortgage Industry Fallout and has continued with the recent Occupy – United for Global Change.

Occupy Wall Street has changed the way we see the media, and it’s relationship to the powerful influencers of the World, and may even be the spark that ignites the shift from monetary policy influence to Socialmedia Influence. Michael Light reveals this shift in his book with a succinctly humorous history of influence and the shifts that have preceded what may be the next Global paradigm shift.

Join the conversation on Facebook

The worlds currency is influenced by social mediaMost of us think of money when we hear the word currency. It’s quite natural in the way we use and reflect on it our everyday lives as the currency modality we are conditioned, through behavior, to agree with. Essentially it is an agreement that we use money as our currency. In the past we have had different agreements and right now it is money. You cannot walk into the bank, at least not my bank, and make a mortgage payment with trade beads or silver ingots.

One of the realities of money is that billions of people all around the world are doing things, they might not do otherwise, to get money. We consider it, maybe only on a subconscious level, to be an exchange for our time that we use money to purchase the things we want. Some folks might actually know this in a conscious way, that the things we do for a living is purely for the sake of getting money. I think that most of us can agree that if we didn’t need money we might not likely do the things we are doing in order to get it, which takes money out of its pure form and transforms it into influence.

For instance if a company wants to have a top notch CEO it is going to be a top dollar agreement to obtain that CEO. On the other side of that coin is the Walmart employee who just needs to get by and therefor is willing to sacrifice their family time for their service to that company. It is essentially a tool to influence people to do things they probably wouldn’t do otherwise.

Some of you might be familiar with a website called Klout. They consider themselves to be a “measure of influence”. How it works is by signing in, with the various social media sites, they can measure your social media influence online. In other words, how many people take action because of the things you do or say.

Like if I post a blog and share it on Twitter and people like it enough to “like” it, or repose it, I am essentially influencing them somehow. It might be the content was really great and they wanted to share it with their friends or I could be really popular and they want to be part of that somehow, so they take action to get involved. In social media it is called engaging. Almost everything we do is to try and get people engaged in some way, or engaging with each other about us.

Klout has taken this entire use of social media influence to a whole new level with something they call perks. Companies, through Klout, can offer Klout members something for free if they meet certain criteria. For instance Subway is offering people who are influential in Gaming a free $5 sub, and all the Klout member has to do is share something about it with their sphere of influence. In essence it is like buying advertising for a specific consumer target; people who play video games.

Under this guise they are buying a personal mention from an individual to a certain number of people based on the users Klout score. The irony here is that it’s just an agreement between people and is probably a better deal for Subway. What’s it cost them to give away one footlong sub. Now, the influence of that user has become a form of currency.

Some bloggers are considered quite excellent at recommending good books by reviewing the ones they either like or think are worth writing about. If they’re really good at picking winners it is like they will become known for it. To be reviewed by one of these influencers can be very lucrative for an author. There are plenty of examples like this that are beginning to form a pattern in social media that is definitely not going unnoticed. Some companies are using the Klout API to check peoples scores that make reservations online.

The goal with social media is engaging people and influencing them to take action; push the button of commitment, and one of the most influential things in the world has always been the personal reference. If people like something they tell their friends and their friends come down and want to try it. It’s been the one thing that all advertising either tries to emulate emotionally through mass media, or influence with branding, while social media does this naturally. And, in this way social media influence is the currency.

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Socialmedia Influence - Currency of the Future book coverSocialmedia Influence – Currency of the Future is now available on Amazon.com, Amazon.co.uk, and Amazon.de

25% of royalties go to support the Occupywallstreet Movement.

Michael Light started Endoflex in 2006 to report the beginnings of the Subprime Mortgage Industry Fallout and has continued with the recent Occupy – United for Global Change.

Occupy Wall Street has changed the way we see the media, and it’s relationship to the powerful influencers of the World, and may even be the spark that ignites the shift from monetary policy influence to Socialmedia Influence. Michael Light reveals this shift in his book with a succinctly humorous history of influence and the shifts that have preceded what may be the next Global paradigm shift.

Join the conversation on Facebook

headlines read seattle to strikeYou know the old saying, if Americans can’t afford a house, we’ll just start selling them to someone else, and if they don’t live here we’ll give them visas. And the other saying we’re all familiar with, if you came here just for the education, wait, we’ll give you a visa so you can stay and work too! Oh, and my favorite, if you let us build a military defense system in your eastern European country we’ll kick down a bunch of summer work visas so when we visit our own national parks we can be taken care of by your students instead if ours!

I know some of you might be a bit confused and might not remember many of these old cliches. I admit it’s been some time since we sold out our own for a new fold. Let me think, that would have been before most of you were born, but maybe some of you remember. I think it was around the turn of the century. You know, when we used to lock the polish immigrants in the factory until their 15 hour shifts were over.

If I remember correctly there was a fire in one of those which really messed it up for the rest of us, or we’d probably still be gathering new folks from other countries still, but only when the folks we have start to ban together and ask for things like food and water while their working. That really cuts into their productivity if you ask me.

Look I hate to be the dick here, but don’t we have something like 12% real unemployment. I know it’s a bit inconvenient to keep counting the ones that no longer count, but really! Now you want to give foreigners visas so they can buy the homes you just kicked our unemployed asses out of. Better yet, why don’t you up the ante on the next generation and offer them visas if they’ll vote for your party in the future. Seems like the next best thing to telling the truth and actually having to support your constituency base. Oh wait, that’s not us I forgot. That’s for the 1% and we’re just here to get fucked as often as it fits your political bullshit.

And don’t worry about the fact that there are way more of us than you, cause we’re way to dumb to see through all your powerful talking points and misdirections. In fact we’re so dam close to hill billies that you might as well kill us fir be’n so codependent. Probably the only way you’ll really get any real rest at night.

Now that I seem to have your attention, let me tell you what’s going to happen next so that you won’t be totally caught off-guard when the lights go out! A day will come, and it’s coming soon, that you will open the news paper and find out that confidence in the fiat currencies, you’ve bled the world around you by, won’t be worth toilet paper. I know what you’re thinking, that you already knew and hedged your billions in metals, which frankly will help, but not you. In fact the few coins that people do have will be passed around a few times and the raw truth will suddenly dawn on the others, like a vision, that we don’t need to trade anything. That it was all just an idea that was held in place by the fear of the unknown.

Shame too, that you spent everything you had trying to save a failing idea, while we built an entirely new way of experiencing right In front of you, but you couldn’t figure it out. You tried. We watched you and to you it all seemed like a game without rules or an outcome, nothing you could stop or control, so you considered it an unimportant shadow.

You know what the true irony of it all is? That you will be forced to need. Not by any of us, but by your own actions. You’ll really wish there was an Armageddon that would spare you from living in a world without gold plated fixtures and Latvian maids, but mostly you’ll have to live with yourself among us. In plain clothing we made without your investment. And they won’t cost you a dime and we’ll love you for asking and yes of course will always be our true flag of unity!

Here’s a clue, and it won’t be enough for you to realize it in time, but more of something to reflect on when you finally build up the courage to come out side. It’s the same thing that set Harry Potter apart from himself. The thing that pooh could never speak. It’s the sound of a bee on a warm afternoon and a field of flowers without toil. And you can not monetize it, no matter how hard you try. So when it all comes crashing down around you just remember. I and a few friends did this and never fired a shot! Not really. Actually, you did this to yourself… And what a fucking ride that was!

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Socialmedia Influence - Currency of the Future book coverSocialmedia Influence – Currency of the Future is now available on Amazon.com, Amazon.co.uk, and Amazon.de

25% of royalties go to support the Occupywallstreet Movement.

Michael Light started Endoflex in 2006 to report the beginnings of the Subprime Mortgage Industry Fallout and has continued with the recent Occupy – United for Global Change.

Occupy Wall Street has changed the way we see the media, and it’s relationship to the powerful influencers of the World, and may even be the spark that ignites the shift from monetary policy influence to Socialmedia Influence. Michael Light reveals this shift in his book with a succinctly humorous history of influence and the shifts that have preceded what may be the next Global paradigm shift.

Join the conversation on Facebook

One of the things I don’t hear anyone talking about or writing about, other than Michael Lewis, is the real reason why the economy is in its current state. The major component of this defect is the notion that anything can be restored while this missing link is ignored.

Right now the heads of economics are wrangling with the heads of policy and everyone just wants to come out of it on the other side. The biggest problem with that cliche right now are the false premises being exercised which are only helping exasperate the issues plaguing the current system. The first and most spouted misnomer is the idea that the solution is relying on better times ahead, when the banks start loaning and housing prices stop falling, which will lead to higher employment and an increase in consumer spending. Presto!

It is explicative to Ben Bernanke’s actions of printing money. The idea that the economic system is like a machine that needs fuel is only one of the dynamics of its engineering. Yes, fuel makes the car go, but there are literally millions of moving part and just paying attention to the obvious one obviously isn’t solving the issue.

One thing I think worth mentioning is Keynesian economic theory which states that a certain amount of influence (interference) can benefit the system. It has become vogue for economists to bet this theory at every corner without considering that that its a supply side theory. For instance, when the banks went into collapse, it would have been pertinent to let them. This is a supply side deficit and points out it’s error; the banks having been deregulated stopped doing correct risk assessment and took it in the ass for it.

Some people might think that means regulation is good, but it doesn’t matter. There wasn’t any in this case and it collapsed. It’s not the fault of regulation it was the banks lending and risk modality. Giving them all the peoples money to save them wasn’t fair for the people. If we’re going to bail them out then yes regulation is in order, but the banks lobbied for the freedom to assess their own risks and lost sight of facts along the way. So, fuck’em! All the help is doing now is dragging everyone else down with them! It’s not like their going to start loaning money now that they can see the realities of the issues that aren’t really being solved.

The argument used to get everyone to buy this solution in the first place was the threat of losing the banking industry which would put us in a total collapse and it would take years to recover form it. This solution doesn’t really benefit the rest of the system. It’s a real catch 22.

Now if we consider the real issues behind the problem then the proper diagnosis can be made. The first issue is the derivatives industry surrounding mortgages. Breaking up mortgages into bite size pieces changed there value to no longer reflect the truth they represented. As a condition of this mistake, it caused the housing markets to be oversold, thus inflating housing prices and by osmosis flipped all the asset wealth in the US into the debit column. In other words is created liquidity appear that wasn’t real.

The other thing it did was peg the value of the dollar to the value of property indirectly. This way, as long as housing prices continued to move up it goes unnoticed. Since this has been the case for the previous 71 years no one could have guessed it would be all that likely to occur again.

In 2006 when it started, the FED could have stepped in and forced an immediate consolidation of all the mortgage securities. It could have been a federal buy back and would have cost everyone holding these security whatever percentage would have been fair to write-down and would have completely restored confidence. Confidence was the leading cause of the banks ending lending in 08 when the shit hit the fan. The LIBOR rose 200 basis points in one day and nothing has been back to business since.

Instead the decision was made to pour trillions of dollars into the problem every year since and guess what… The problem isn’t solved. I remember hearing everyone giving Bernanke all this praise for his credentials as a Harvard Genius who had studied the Great Crash and knew what he was doing. Obama left the guy in his position because he believed that his familiarity with what was happening was essential to the position and that just tells me that neither of these guys are smart enough to understand economics as dynamical as the current US economy, let alone globally.

So, now there are millions of people in the streets to protest the mess we now in and to them it us simple greed that caused all the problems. It’s very likely that the president really does little in regard to true economic policy, I mean he doesn’t even understand it right! If he did he would have seen Ben as an issue needing to be resolved rather than rewarded. In essence is greed, but really it’s just plain old ignorance when it comes down to it. Occupywallstreet isn’t going to get the system to humility. If anything the media is now just using them to press their own agenda which happens to be aligned with the Fed’s ridicules assumptions about how to get thing back to where they were and dude… I don’t mean to be disrespectful by saying this, but you really need to rethink the entire system at this point. Fighting to keep it is insane!

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Socialmedia Influence - Currency of the Future book coverSocialmedia Influence – Currency of the Future is now available on Amazon.com, Amazon.co.uk, and Amazon.de

25% of royalties go to support the Occupywallstreet Movement.

Michael Light started Endoflex in 2006 to report the beginnings of the Subprime Mortgage Industry Fallout and has continued with the recent Occupy – United for Global Change.

Occupy Wall Street has changed the way we see the media, and it’s relationship to the powerful influencers of the World, and may even be the spark that ignites the shift from monetary policy influence to Socialmedia Influence. Michael Light reveals this shift in his book with a succinctly humorous history of influence and the shifts that have preceded what may be the next Global paradigm shift.

Join the conversation on Facebook

In the rush of air that quickly formed the most organized shift in the history of the World, it seems that most people have completely overlooked what it really is that has been created. I expected the Corporate Banker’s Political Media Team to be to blind to see it, but hadn’t realized the subtlety would be overlooked by the most seemingly active participants. Even I have been surprised by it’s direction, but truly relieved to see that it worked so well despite its over exuberant cause driven anxiety, but that’s what we’ve been trained to experience…

Many believe that the people gathering on the streets around the Globe are going to do something to change the World when in fact they have already done the impossible. These amazing groups of people will someday be recognized as the architects of our next generations system of global continuity; the global village.

Still not getting it? Let me be more specific. The change isn’t what we accomplish really, but how we went about it. Right now there are several hundred individual Facebook Pages named after every location on Earth. Each of these pages are, in essence the foundation of a future system of governance. It is a way for communities to be self determined and will eventually include everyone, all 100% and not just 1% claiming to be the 99.

The goal in this movement is to bring down the existing power structure and restore the power of individuals to make there own determinant choices about how they, as a community, want to live on this planet, and that’s exactly what they did. They built the infrastructure to catch the fall if a dying system.

This is why the mainstream media and the politicians that pride themselves on being in control can’t stop it. It’s not an outcome and that’s what they are used to controlling. The corporate bankers fund them both and expect them to accomplish their intentions for controlling the mob, using this formula of telling people how to live, through psychological media tools like popular ideas and their populous endorsements of repetitious talking points. It builds consensus!

Over the last few years I have been watching the existing power moguls swallowing up all the gold and silver futures contracts, while their main instrument, the Federal Reserve, intentionally devalues the all mighty dollar.

I’m sure they are not complete idiots about the fate of fiat currencies and it would seem that their plan was to take the system, they spent the last 200 years exploiting, back to the gold standard once the Worlds Fiat economy collapsed under the weight of it’s own need for growth. They call it inflation, but it’s really just a systemic flaw that had to be engineered to overcome the constant loss of the interests on loans made over years and years.

Here the one flaw that is the monkey wrench in their Global control mission. No one else has enough gold or silver to play in the new world order, so now what. Well for awhile it will seem like they are sitting pretty large, with their big ole stacks of cash, and the prices for these metals will rage. And the question isn’t when. It is in fact occurring now.

The boom we just passed through over the last 30 years to get to the subprime mortgage fallout was a pretty simple trick called flipping assets into debt. If fact the total pool of liquidity that emerged from tempting ma and pa kettle to sell that old house, as the market values increased, was all part of the plan. It allowed the banks to loan a bunch of money to everybody who wanted it.

Shit, they were so pleased with things that at one point they didn’t even care if you had any credit, cause this ride was never going to end.. That is, as long as housing prices didn’t collapse. Now everyone is in a panic about how to solve this little problem of consolidation. And they decided to sell everyone out, as usual, and start hoarding metals thinking they could still finance there own life styles on the back of the 99% who still haven’t figured out their getting slaughtered real soon, but there is one thing they or you and I never saw coming… socialmedia! And now everyone is starting to pay attention to each other instead of the talking points!

Sure, some people are going to take a bit longer to realize that Capitalism isn’t the only method of living a healthy life, but when the monies gone it’s really going to be up to everyone to decided what were going to do next, and thanks to a largely idealistic group of people who knew something needed to happen, we now have a way to plan it out and execute it.
Facebook/OccupyEarthUnited

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Socialmedia Influence - Currency of the Future book coverSocialmedia Influence – Currency of the Future is now available on Amazon.com, Amazon.co.uk, and Amazon.de

25% of royalties go to support the Occupywallstreet Movement.

Michael Light started Endoflex in 2006 to report the beginnings of the Subprime Mortgage Industry Fallout and has continued with the recent Occupy – United for Global Change.

Occupy Wall Street has changed the way we see the media, and it’s relationship to the powerful influencers of the World, and may even be the spark that ignites the shift from monetary policy influence to Socialmedia Influence. Michael Light reveals this shift in his book with a succinctly humorous history of influence and the shifts that have preceded what may be the next Global paradigm shift.

Join the conversation on Facebook

United-for-Global-Change-15-October 2011On October 15th the entire World will stand in the place they live and Unite the World in a movement that began as Occupy Wall Street, sponsored by the Canadian magazine Adbusters. It is being called United for Global Change. #Occupywallstreet as it is referred to on Twitter, began as a grass roots move to call attention to the extreme imbalances that have been growing in the World’s Economic system. It has all but been completely ignored by the mainstream media and when the news is covered it has been laced with shades of PR “talking points” reflecting several different interests.

It would appear from the slants being conveyed in the media that Democrats believe they can Co’op the movement and turn it into possible legislature to help push plans through Congress that will give them more clout to tax the rich to pay for job bills. While the right wing has called the event in Wall Street a “Class War” and “Dangerous”, and Glenn Beck has gone so far as to suggest that these protestors have intentions to drag people out into the streets and “kill” them. It just amazes me that so much slander around a movement that has the sole intention to call for a more “Participatory Democracy”, according to organizers in Boston.

Several failings in the attempts to discredit the movement have begun to shift people over to new sources of information for the news surrounding the events taking place, now in every major city in the US and on Oct. 15th in every major city around the World. No news has come out of China as to whether they will attempt to join Western forces in their move toward Solidarity against what is being referred to as the “Corporate Banking Political Media Group”. I’ve always just called it Capitalism, which seems to be up against the same possible fate that fell upon Communism in the 90′s. Central leadership always seems to fall victim to monetary control and looses sight of it’s main constituency, which is people!

Some news people have spoken out against the mainstream media’s blatant disregard and close to slander of the events, especially Keith Olbermann who has become a huge proponent of Twitter as the one place that anyone can find almost all the news being reported. The entire event and every local event is being organized on Facebook with page named after each event, OccupyLondon for instance is the “occupy” event taking place to protest the London Stock Exchange. Events can be search using either Facebook or Twitter and specific news being posted is listed according to each event. For the London Exchange it would post with the hashmarked version of the Facebook page, #occupyLondon. It is also possible to follow each groups Twitter account @occupyLSX, and so forth.

It amazes me still to see how long the media is holding out on acknowledging this isn’t a bunch of pot smoking hippies, but as has happened in NY and now in Boston, it is being helped by the Labor Unions and people of every age group and occupation! The divided has become so critical in this writers mind that it will be difficult if not impossible for them to ever regain the public trust enough to ever be considered a valid or credible news source.  So, rather than expecting to hear about the events in your area, cause there will probably be little to none, get a Twitter account or look up your specific area on Facebook to get all the news relevant to your location! And don’t believe the mainstream media when they quote the now famous “talking point” that this is an unorganized group of kids without a clear message. The message is quite clear! Occupy – United for Global Change has organized an entire World Event on Oct. 15th 2011 to show solidarity for Economic Justice, and they have done it using Social Media!

Facebook/OccupyEarthUnited

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Socialmedia Influence - Currency of the Future book coverSocialmedia Influence – Currency of the Future is now available on Amazon.com, Amazon.co.uk, and Amazon.de

25% of royalties go to support the Occupywallstreet Movement.

Michael Light started Endoflex in 2006 to report the beginnings of the Subprime Mortgage Industry Fallout and has continued with the recent Occupy – United for Global Change.

Occupy Wall Street has changed the way we see the media, and it’s relationship to the powerful influencers of the World, and may even be the spark that ignites the shift from monetary policy influence to Socialmedia Influence. Michael Light reveals this shift in his book with a succinctly humorous history of influence and the shifts that have preceded what may be the next Global paradigm shift.

Join the conversation on Facebook

A friend recently attended at meeting the took place at Missoula’s Montana University held to explain occupywallstreet. It was hosted by a Republican and Democratic politician and led her to believe that the Democratic Party believes they are going to Co’op the Occupy Movement.

I think it is important to keep in mind that the movement may have been sourced by the need to change an entire system of abuse from both parties and shouldn’t be considered a political gesture on the part of the citizens attending to give credit to one party or the other. In fact George Washington warned Americans early on not to let a party system develop in order to “preserve” the democracy they had fought for.

One of the emplacements log echoed into the minds of Americans through the mainstream media has been the idea that anything other than the system we are supporting, mainly Capitalism, would result in socialism, communism, or worse anarchy. These things have been made to appear as the enemy of Capitalism and this paranoia has gotten so thick that even a peaceful demonstration is being called out as a Class War. It’s pathetic!

Frankly I don’t see the Occupy Movement as anything remotely resembling any of there social fears the media is attempting to project. I see it more as a shift in “Influence”. For the last 200 years, money has been the greatest source of influence on the planet and now that reign is being threatened by social media!

If you think about it, not even the rich would likely do the things they are doing, right now, if not for the rewards involved. Some people think we should just remove the money from politics to settle the matter, but they’ve been saying that since democracy started in Greece.

The fact of the matter is that what is really shifting right now is the mode of communication and information. Social media removes all the filters and allows people to organize beyond the influence of currency, and this change will have lasting effects.

So what it comes down to is not a threat to a way of life, but rather how it is influenced. It is a way for the Imbalances that have been fostered by currency influence to be restored. It is a way for the natural state of humanity, namely empathy, to be regained. This, our ancestors, knew when we were tribes living together for the sake of the tribe. That as a whole working “together” we are more capable than as individuals struggling alone.

I don’t think there is anyone to blame for what we have become, as a planet. It seems natural that we would experience thing in order to understand them;  lest we be condemned to repeat these unlearned. I think we are evolving as a Global Community and part of that is struggling to comprehend our World, and through this we grow and learn and act accordingly.

Some people have been asking me if I think the movement will lose steam. I think they are getting thus idea from the Democratic “talking points” being repeated over and over by the mainstream media. And what I believe is that you can not stop the evolution of the planet, no matter how hard one tries. In fact it only seems to be helping speed things up!!

Get the book Socialmedia Influence – Currency of the Future and help support OccupyWallStreet – 25% of all royalties will be donated to support it!

I recently received a question about the depth and width of the problems that seem to face us as global community. More specifically the question was framed into the problem of how to frame the resolution in a sound bite. I see the problem with that as part if the overall framework of the existing paradigm being shaped by everything from advertising, the mainstream media and our political process. Everyone is looking for a simple way to translate their messages into single serving solutions.

now that we are beginning to see some of the mainstream media picking up the ball on #occupywallstreet, we are beginning to see the slants to post #ows confusion. Since it’s not going away on its own, the motivation now is to frame it into the existing paradigm and try to use it for the advantages of their own agendas.

For instance there was an article in the NYTimes that focused on the Labor Union and how they are taking advantage of #occupywallstreet to shape there own agenda. The funny part is they defined the Unions as something separate and concluded that the #ows members themselves were just a bunch of kids with no real direction. Then they mention someone who was stationed at the greeting table as a “41 year old professional something”

Discrediting the frustrations of the entire country isn’t the role the media should have in America. The fact is that every attempt to do this only seems to justify the cause behind the frustration for most people. In turn they join the ranks in one of the 400 some-odd locations this thing has spread to, which at this point seems to be the only way to shape policy in this country.

Something else of interest they might consider is that after 3 weeks of waiting people have completely turned to socialmedia as there source of information. This precedence is only adding scrutiny to to the mind of viewers who are getting more insight from Facebook and Twitter than CNN, which really points out, to me, that this is really about an entire shift in the paradigm we want.

America voted for Change in the last election. Not Obama. In fact his lack of follow through with that single promise is the primary fuel behind this action. People have entirely lost faith in everything they have trusted for generations. And like the question I received, there is not only one problem and frankly I believe we should address the entire system rather than framing it into a sound bite like change!

The Long Road to Transparancy

In 2006, it was hard for me to imagine the response the Fed would offer about the rise in Foreclosures, which pointed to a horrible lending practice that had been thriving through the last few years previous to it. During that time Sub Prime lending was coming of age. It produced a total of no less than $3 Trillion dollars worth of risky loans. The obvious solution, to me, at the time was to restore the conditions of the original titles, to the properties these trillions of certificates represented. The issue during the crisis was, “how to price something no one wants to buy”, which lent to the nickname “Toxic”.

In Goldman Sachs 2010 SEC filing, these previously “Toxic” bonds with a thousand different acronyms, are now being referred to as “Fair Value Financial Instruments”. The Federal Reserve has accepted over $2 Trillion worth of these, as collateral for loans to the banks who would have collapsed in 08 had they been kept on their books. Banks during the crisis were leery to lend to each other on the general concern that these notes or securities were worthless, and that these institutions holding them needed to dramatically ‘write down’ their value. Instead the Fed offered to take them for collateral, under the auspices that they could be traded later when the crisis had passed thereby earning the US a profit for helping.

The challenge for me and lots of other investors is the casual nature that seems to be the “New Federal Reserve”. Gone is the Greenspan age of diligent research and proactive policies. It was a shock to me when I read Ben Bernanke’s comments to Congress in 2007, that the Subprime fallout would stay in the subprime industry and “shouldn’t be” a threat to the general economy. Instead it led to some of the worst days in our economic history, and throwing out uneducated (or un-researched) guesses about something of a $3 Trillion dynasty seems surprising to me.

Today the Wall Street Journal reported that the Fed had failed to disclose some $80 Billion dollars worth of loans it had made to several of the groups that were leading the battle cry for this flimsy market of massive risk. Throughout 2008, from March through December, the Fed loaned $80 billion to institutes like Goldman Sachs and Deutsche Bank AG, in an attempt to provide liquidity to support more mortgage lending and keep the mortgage security industry moving, while slightly after the main fallout in 08, the Fed was telling Congress that they needed more oversight powers in order to avoid a systemic failure if the future ever presented the opportunity. What I want to know is why didn’t the SEC look into what was happening with the ratings agencies when Steve Eisman went to them with a detailed outline of the market and it’s risks!

I recently had a chance to read, “The Big Short”, by Michael Lewis, which outlines the Subprime Market through it’s various faces and gives the perspectives of men like Steve Eismen who were shorting the market by purchasing Credit Default Swaps, while financial institutes like Goldman Sachs were using the same default insurance to give customers confidence in the products. Everyone claims this was to make cheap credit available for everyone, but what will the over-all cost be when the dust finally settles; when the only thing that changed is the words used to describe the original problem and the original problem still looms in the form of massive debt.

Now the task of getting the US Dollar back on track (solving the deficit) has fallen to the politicians to work out and I have a pretty strong feeling that party pride will weigh in against any wise choices. The fact is that even the best economists, mathematicians and social psychologists, coupled with all the facts and the green light to do whatsoever is necessary to solve the puzzle and put the US Economy back on track would probably not like the options. The one thing I’m sure of is that everything is hinged on the continuing US Dollar, which is now in the hands of a 2 party political drama… Curious.

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Socialmedia Influence - Currency of the Future book coverSocialmedia Influence – Currency of the Future is now available on Amazon.com, Amazon.co.uk, and Amazon.de

25% of royalties go to support the Occupywallstreet Movement.

Michael Light started Endoflex in 2006 to report the beginnings of the Subprime Mortgage Industry Fallout and has continued with the recent Occupy – United for Global Change.

Occupy Wall Street has changed the way we see the media, and it’s relationship to the powerful influencers of the World, and may even be the spark that ignites the shift from monetary policy influence to Socialmedia Influence. Michael Light reveals this shift in his book with a succinctly humorous history of influence and the shifts that have preceded what may be the next Global paradigm shift.

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Once again we have come to a crossroads in American history where the future will be shaped by politics rather than rational decision making and as usual the Achilles heal will be the past rationale that the US economy is so resilient that whatever decision is made will either be the right one or we’ll have the time to adjust it and everything will work itself out.

I am of course speaking of the US Budget Deficit, which is growing at an astronomical rate for several reasons. On May 15th the US deficit will reach an unrealistic 14.8 Trillion Dollars, this does not include SSI nor Medicare, whose trusts were breached during the Reagan administration in the 80′s. Nor will it include the reality of the Federal Reserves unbelievable holdings of $2 Trillion in still toxic subprime mortgage securities. It will mainly be centered around the bankers and corporations lobbying for their share of a quickly depleting dollar.

The idea that the US economy could never suffer a irreparable hit is the long standing idea that we are America and has no other basis in fact, but lets just weigh that against some truth. The US trade deficit is way to high, and this is a massive liquidity leak, so to speak. The Fed Chief is fudging number that don’t agree with the worlds foremost investors, which has a huge effect on investor confidence, and he seems to be measuring inflation against numbers on paper and not the commodities they purchase. Keynesian philosophy only really works when you have a supply side surplus and excluding food and energy from core inflation is part of that philosophy giving us a false sense of inflation, which can be rated as high as 10% when you take this and other factors into consideration.

In 1971 when the US went off the gold standard gold was $35 an ounce and if we were to rate the US dollars buying power we can see, looking at golds current $1500 an ounce price, that the dollars purchasing power has faded horribly.

We are still seeing adjustments in housing, which for a time, became a meter for the dollars purchasing power, and prices could very well fall back to pre-1980′s levels exposing the system that built the inflated sense of wealth of converting assets into debt. And now the fact of inertia gets to come front and center stage for the final act to answer the question, “can a debt based society beat the odds the past has proven time and time again?”.

The strongest facts, which will likely be overlooked in this scenario of political posturing, will likely be the need to restore the fading confidence in the dollar and a truly responsible fiscal plan to get us back to a long term solvent state. In the Book, “This Time is Different”, the authors point out several indications that have been consistent in the collapse of past fiat currency based economies, and the most prevalent to me seems to be the confidence factor that makes their treasuries a solid investment, and when investors are only interested in 4 and 6 month treasuries, you can practically count the days on their confidence.

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