Category Archives: Poli-Econ

Debt Load Grows while Interest in Solutions Diminish

Posted on August 7, 2014 by Curtis Greco
Yes, by the time President Obama leaves office you can expect that the Federal Debt will be well within reach of the $21 Trillion mark and easily 112% of U.S. GDP and if you take Government spending out of the GDP figures it will be closer to 158%.  Is Obama to blame? Yes and no; the fact is that he’s culpable only as to the fact that he’s failed to drive a course correction, but given he has absolutely no economic or financial management capacity, it is foolish to expect any different turn of events. The reality however is no less promising as the growth in the debt lies squarely at the steps of Congress, specifically the U.S. Senate. The U.S. Dollar, on the world stage, is headed for the history books and when that happens (and it is already occurring) inflation will destroy what remains of the U.S. economy and debt-fixed U.S. financial markets.
Until the U.S. restores the order of the domestic economic structure there is no reversing the course; so long as corporate salvation at the expense of the domestic agenda remains sacred there is no reversing the course; so long as the illusion of a global economy remains dominant and domestic solvency subservient there is no reversing course; so long as government revenue solutions are primarily sourced by enforcement against and upon the American household there is no reversing course; so long as political expedience is funded by spending resolutions there is no reversing course; so long as you remain a bystander to the existing matrix of lawlessness there is no reversing course.
The following are a select group of responses to questions/comments received after the original article was published. We believe you will find them of interest.
#1: What is the “domestic economic structure”? It is the fundamental and inherent value implicit in a market; it is the implicit acceptance and understanding that:
(1) All and every economy is local.
(2) that economy only exists when and where there is demand (and the capacity to exchange value for it) in search of supply.
(3) that the more proximate supply (and its creation) is to demand the more stable the economic environment.
(4) that supply does not, in itself, create economy.
(5) that for wealth creating capacity to occur the capacity for and creation of wealth must always be greater than consumption. .
(6) The wealth of an economy is not merely measured in $ output but more so in the expansion of individual wealth creating capacity. 
(7) an individual’s wealth-creating capacity is not merely a function of their physical and tangible output; it is chiefly a function of the Individual’s desire-capacity and the freedom/liberty to express it.  
(8) The value of a Nation is measured in its capacity as well as its pro-generative potential for the creation of wealth.
We can no sooner survive as servants to the Corporate (Multi-National) /Government structure than we can subsist from breathing the air we expel from our own lungs; those systems can and must only ever function to enhance, expand and protect the production of breathable air. End of story!
#2: Gold Standard as a fix?  I’ve long held the belief that any measure of wealth is always subjective. Gold is no different and because of its ethereal notional value perhaps that is why it is so worthless as an economic measure. After all, at some point, does it not also have to be quantified in terms of a unit of value and if so, by whom? The point is that its not so much what defines the unit of value but more so how the unit of value is both fractionalized and thus manipulated which is, ultimately, how and why inflation occurs. Bullion, whether in the form of gold and silver, should be “banked” by Nations as a substantive and representative measure of a Nations Treasury, but as a direct correlation to a currency’s unit of value I have serious concerns. I believe a more relevant and appreciating measure of value is that of a nations wealth creating capacity and then on an annual basis you adjust the value (by change in currency in circulation) to reflect growth or contraction.
Curtis C. Greco, Founder
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Ebola: About the Money?

Posted on August 4, 2014 by Curtis Greco

Common sense would suggest that anytime you have a person exhibiting viral symptoms you do one very simple thing; you isolate them. Why then are we bringing infected persons to the U.S. (Ebola-free) for treatment, for an untreatable disease, when they could just as easily be treated at the point of origin?

Remember, like other similar types of infectious diseases, Ebola occurs by contact.  For more information and an astute perspective I recommend reading the following article.  Yes, it is penned by noted radio talk show host Michael Savage,but what many may not know about him is that he has a Ph.D. in epidemiology.
http://www.wnd.com/2014/08/ebola-madness-is-epidemic/  Read more...

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Wall Street | Further Reforms Needed

Posted on July 2, 2014 by Curtis Greco

So says President Obama. Here are the facts:

(1) Globalists smothered the U.S. Policy apparatus with the fabricated notion that the world was their economic oyster. This theology was married with a sort of combo-myth; high-tax and high-labor cost equals non-competitive and with this addition you’ve got the complete global-solution mythology.

(2) Print-to-suit monetary policy made the cannibalizing of domestic economic capacity, paired with the peevish ambiguity of service-based economic salvation, seem inconspicuous. Of course the reality was that it is and was never possible for debt-funded spending, service-based consumption or glutinous consumerism to be a viably economic substitute.  Read more...

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Student Loans; Wrong Again!

Posted on June 9, 2014 by Curtis Greco

It would be hard to dispute the political motives of the President after all he owes his tenure to the so-called youth vote; on substantive grounds the truth is his proposal to discount student loans doesn’t take effect until January 2015 or does it even begin to approach the underlying two issues (key):  Read more...

  1. A non-job creating economy and an education system that indentures students with no promise of marketable skills. In part the solution is one of economic and the absence of demand for the educated.
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VA: What’s possible is easily ignored!

Posted on June 3, 2014 by Curtis Greco

The VA budget (since 9/11) has increased by 235% from FY 2001′s $45 billion annual budget to FY 2014′s $150.7 billion; funding isn’t a problem. Firing Eric Shinseki may deflect political heat however convenience-maneuvering is not a solution. Although it is the nature of bureaucracy to self-preserve, efficiency is rarely, if ever, an operational mandate.

The question isn’t about whether Veterans are entitled to the benefit of Care. The VA System should be dedicated to assuring combat Veterans receive the heightened and specialized care they deserve and most certainly not continuing the well-established government policy of waste, fraud and abuse.  Read more...

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