“Education” is, often, a euphemism for Indoctrination..

That so many of us trundle our most valuable assets off to be minded by others..yes, including, and beyond, our Children.

http://www.thefreedictionary.com/euphemism

Then we wonder: “What went wrong?”

During spring break, I took my 7 year old daughter to a presentation on money. She basically learned about barter and how bartering can be replaced by using notes. Elementary. After the lesson, quite a few people went up to the teacher and could not understand how playing cards could be used as money!

So the teacher explained the whole notion of fiat vs. gold backing by showing the Chinese compressed tea money tablets from the Ming dynasty. She then went on to explain how inflation took over…. too many compressed tea tablets were printed. I took a mental note that she did not compare it to GDP growth.

Then she quickly went on to state that we’d never see inflation like that in Canada because our leaders are very careful… they don’t print too much money anymore since it’s all done electronically.

Scary.

” The charitable explanation …”

“Obama has never explained why he’s acting so out of character here, so we have to speculate. The charitable explanation is that Tim Geithner is paralyzed by fear of triggering another post-Lehman credit meltdown and has convinced Obama that that’s what will happen if the government holds banks and their bondholders accountable or just comes clean about the shape that banks are in.

As we’ve said, we disagree with this…”

“…The more disturbing explanation, meanwhile, is that the Obama administration really is in Wall Street’s hip pocket. Jonathan Weil at Bloomberg thinks there’s a chance this is the case. And Obama certainly isn’t doing anything to discourage this.

By maintaining a double-standard and refusing to address the elephant in the room, Obama is risking his credibility and his reputation for telling it like it is. This behavior, both toward the banks and toward Americans, is a disturbing echo of the Bush administration…”
http://www.businessinsider.com/henry-blodget-is-obama-in-wall-streets-pocket-2009-4

all that new Wrapping to give the Same ‘Gift’..it’ll has been, and will be horribly expensive..

Gives a new meaning to ‘Green’, Gardens aside..

with this: “My only fear is why they are letting it happen. They must have their closets full of gold..”

I think you’re correct in thinking that it’s indicative of part of a larger scene..

see:
“One clear inference is that if The Cartel is pushing the Amero or the SSRC as the eventual, and their favored, alternative to the U.S. Dollar, The Cartel certainly intends to continue its interventional efforts at suppressing the prices of Gold and Silver in order to prevent their attaining increasing legitimacy as money, and thus as competitors to their Fiat Currencies and Treasury Securities.

In the event of the success (from The Cartel’s perspective) of the implementation of the End Game Plan, doubtless The Fed intends to transmogrify itself into The (still private and still very profitable) Central Bank responsible for issuing the Amero or the SSRC. Additional details regarding The Cartel’s “End Game” are provided in Deepcaster’s August 3, 2008 Alert and June 2007 Letter available at http://www.deepcaster.com.

Of course, the key question for the long-term is whether The Cartel will be able to pull it off. Certainly they have been instrumental in creating a financial climate, which has crisis potential.

If The Fed is not able to lead its Cartel to success in implementing its “End Game,” the No-Salvation, No-Return Systemic Crisis that its policies will likely create, the ensuing crisis would clearly and publicly be its responsibility.

In that event, is it not highly likely that The Fed would be unable to continue as a privately owned for- profit entity? One can hope…”

also, you may care to check out http://www.lemetropolecafe.com , and gata.org

““Super-sovereign Reserve Currency” (“SSRC”) to which Fed Progeny/Treasury Secretary Geithner recently said he was “open’ – - a surprising but frightening display of candor, and disloyalty to the U.S. Dollar and to the United States.”
–
“international institutions like the International Monetary Fund, as well as broad agreement on a global regulatory reform agenda, will come out of the G-20 summit. He expressed optimism for these outcomes. Describing recent G-20 finance minister meetings, he said: “You know, I sat around these tables for many years in my past, and…I’ve not been at those meetings before with that level of common conviction on not just the basic diagnosis but what it’s going to take and the details of what’s going to be required.”
Asked about the future role of the U.S. dollar, following comments from China’s central bank governor that the world needs a new international currency, Geithner said he interpreted the comments to be a call for expanded Special Drawing Rights–the currency substitute used by the IMF–adding that Washington “is actually quite open to that.” Bloomberg reports that this comment roiled currency markets, sending the dollar tumbling for a short period. Later in the talk, however, Geithner reiterated his view that “the dollar remains the dominant reserve currency and is likely to remain that for a long period of time,” prompting the dollar to surge, making up its earlier losses.”
http://www.cfr.org/publication/18936/geithner_signals_regulatory_shift.html

http://www.businessinsider.com/henry-blodget-is-obama-in-wall-streets-pocket-2009-4

http://www.businessinsider.com/henry-blodget-is-obama-in-wall-streets-pocket-2009-4

http://www.bloomberg.com/apps/news?pid=20601039&sid=aNMQDysdnKRc&refer=home

http://www.opednews.com/articles/Obama-s-New-World-Order-by-Stephen-Lendman-090410-741.html

This is what the U.S. does – - it issues Treasury Bonds. The U.S. then sells these bonds to the Fed. The Fed buys the bonds. Wait, how does the Fed pay for the bonds? The Fed simply creates money “out of thin air” (book-keeping entry) with which it buys the bonds. The money that the Fed creates from nowhere then goes to the U.S. The Fed holds the U.S. bonds, and the unbelievable irony is that the U.S. then pays interest on the very bonds that the U.S. itself issued. (With great profit to the Private Owners of The Fed – - Ed. Note) The mind boggles.

What shocks and awes me is that ten years ago no mainstream newsletter would dare write the above words for fear of blacklisting. Times have certainly shifted if not changed altogether. I’m even seeing some mainstream media dogs beginning to nip at the ‘master’s hand’. At this rate we may see an end to the fed.

Maybe wishes and dreams really do come true.

My only fear is why they are letting it happen. They must have their closets full of gold

I never have liked what other people like about socialism…to me it is the dumbing down of an entire culture…and I will resent it and what it will do here..

it why it’s called:
http://www.youtube.com/results?search_type=&search_query=the+obama+deception&aq=f

For my money Volcker has been a prop since day one, conveniently trotted out on stage to add gravitas during the election. Previously the UN did the same on another matter.

I believe you are right and it worked! I voted for Obama because he reportedly listened very closely to advice from Volker. Then after the election along comes Emanuel, the Pelosi stimulus package, the cap and trade budget….. me thinks me was snookered by a traditional T&S, big gov. liberal. shoulda known better.