The Federal Reserve

If you are aware of the crash of 1929, you will notice the similarity in patterns.-There is a limit to what the Federal Reserve can do in this situation, even though the reserves of this country are the most powerful in the whole world. The members of the Federal Reserve Board are placed on that board to exercise their own minds and their own judgments, and not to succumb to arguments that have little basis according to them blindly, and could lead to disastrous consequences.-This means, that according to them, it is never wise to follow placidly along when good judgment should dictate otherwise. There is a phrase critics of economic Forecasting that like to use: Give an economist a result you want, and I’ll find the numbers to justify it. There is a saying that for every ACTION THERE IS AN EQUAL AND OPPOSITE REACTION-An ill-advised half-percent increase in the Federal Reserve Funds, can cost hundreds of thousands of jobs and absolutely devastate whole sectors of the economy-It is an enormous power that most not be exercised lightly. When the Federal Reserve decides to raise rates, they ca n tell, fairly precisely how many businesses will declare bankruptcy, how many people will loose their jobs, how many homes will be foreclosed. Other consequences might arrive if they decided to lower rates.-They have all the data, neatly bound, carefully studied. Money is the root of all evil, or perhaps more accurately stated, THE LACK OF MONEY is the root of all evil.-Many people ignore that The Federal Reserve wire transfers out more than ONE TRILLION DOLLARS PER DAY, to maintain its policies and to insure that the commercial banking system operates smoothly-And yet, not even this is helping the economy.-My question is- wh en will happen IF The Federal Reserve runs out of Money.-This may very well happen, although there is a very slight possibility.-Therefore, if we do not stop spending Trillions of Dollars in the war in Iraq, – stop helping other countries, who do not even deserve it,-stop the deficit, – stop manufacturing goods like computers, cars and other technology overseas like in India and China to save in the price of work- which in turn increases unemployment in the U.S., then there will never be a solution to our many problems. But the worst part of this whole terrifying picture is that neither one of the presidential candidates for the next presidential elections, has the brains or expertise to deal with the extremely serious problems that are practically killing this country-As a matter of fact, I do not believe there is any human being able to tackle these problems…-Would We need GOD himself sitting in the White House and create a MIRACLE-AND, OF COURSE, – WE MUS NOT FORGET TO THANK MR. BUSH FOR DESTROYING OUR COUNTRY. !!! All we can do is pray.-Eva the Torriente Diaz July 14, 2008.

Honduras Lucida

Lucid Honduras. We are not all blind, but as it costs to keep your eyes open. (Jose Saramago) He had never seen my people more lucid than today. Clarity and mental agility that has had to understand and explain the things which have befallen us from June 28 (day of the military coup) are impressive: all know, that in the last election in 2005 did not vote for Mr Micheletti. What happened on June 28 in Honduras, was a military coup. That the solution to the current conflict is in roll back the situation to the original state from June 27.

At this time there is no conditions for holding elections under a regime de facto. Bad weather to vote, complained the President of the polling station number fourteen after close soaked umbrella with violence and removed the gabardine that little had served during the hasty trot of forty metres that separated the place where parked car door where, with hearts leaving him by the mouth, just enter. Because well, with these words Jose Saramago, it presents a very similar to ours, space in the ensayo sobre la lucidez, approaching the municipal elections, PDM (Party of the medium) PDD (Party of the right) PDI (the left party) were about to an upcoming election. And they are betrayed by a law older than democracy itself, the right to know the truth, the right to think, the right to exercise a critical and analytical thinking that takes them to judge and make decisions. And that, them scary, rather than a war, rather than a chemical attack.

In this novel Saramago, input presents us a storm Raetia reported landslides and flooding everywhere. the President of the polling station number fourteen, am very concerned something frankly strange is happening here, so far it has not appeared nor a single elector to vote, already more than one hour ago we opened, and not a soul, Yes Sir, of course, to the storm there is no means of stopping it. The protagonists are women and a Commissioner of police that retained the view in the epidemic of white light, they give samples of the moral high ground that anonymous citizens can achieve when they decide to exercise their freedom. In Honduras the storm that unties from the fateful June 28 is called coup, accompanied by provocations and violations of human rights, one after another the sewers of power are put in place: the guilty parties have to be eliminated. And if they are not, they are invented. As well as surveys, projections and goals are invented. There to be alert if my twin or twin appears giving a vote that I have not given. It can happen that one day we must ask ourselves who has signed this for me?