The Face of Terror --- It’s Only Money
Swedish innovative chemist Alfred Nobel, the
holder of 355 patents invented dynamite to become the major armaments manufacturer after a lucrative enterprise of producing
iron and steel. He established the Nobel Foundation which recognizes cultural and scientific achievement by bestowing achievers
with grants. The prizes are usually annually awarded in ceremonies in Stockholm Sweden with the exception of the Peace Prize,
which is presented in Oslo Norway. 44th USA President Barack Obama was the 2009 Nobel Peace laureate.
Oslo Norway, the City where Peace lives was terrorized on 22 July 2011.
you heard of the deadly terroristic acts in progress, how did you picture the terrorist(s)? Most media unsubstantiated speculation
attributed these acts to Muslims. So-called terrorist experts cited the kindred association of Norway to the USA ---- the
avenging of the killing of Osama bin Laden, and general growing global unrest. Noteworthy, 31% of registered Republicans still
believe Barack Obama is a Muslim as opposed to 10% of registered Democrats; you may make your own inferences.
deadly holiday carnage began with a car bomb in Oslo, and then segued to a youth camp in the nearby atoll, Utuya Island. Fallen
innocent youthful lilies pullulated the land and waters where some attempted to swim to safety. Blond, blue-eyed Norwegian
native, automatic weapons armed Anders Breivik disguised as a policeman systematically forever silenced the star-struck 77
including fleeing panicked teenagers and pre-pubescent children. The media generally apologized to Muslims for the ill-advised,
misguided previous speculation and now dub Breivik as a “Christian extremist” ---- what! Notable exceptions, the
Washington Post reporter who stated that “he (Breivik) was the exception” that proved the rule and the often politically
incorrect commentator, who referred to the Norwegian Labour Party sponsored event as similar to a Hitler paramilitary training
Rhetorically, just what is terrorism?
terrorism ---- being afraid to conduct your chosen normal “way of life”? Fear for health and safety? Apprehensiveness
Which brings us to the so-called “debt ceiling” debate and political
“showdown”. After months of posturing and camera mugging, the Legislative branch of the USA government agreed
to reduce spending without identifying what was to be reduced. There will be cuts, but nothing was identified as to where
these cuts would occur. And none of this would occur until after the 2012 Elections. There are only two countries in the world
that has a “debt ceiling” ---- the USA being the only Democracy and Denmark, a Constitutional Monarchy (whatever
that is). Typically the rest of the countries in the world prepare a budget and develop a plan for financing or borrowing
for the budget shortfalls for necessities. There is no CEILING! The concept of a ceiling originated in the World War I (the
Great War) era, when the USA sold bonds one issue at a time. The purpose of a “ceiling” was allegedly to consolidate
debt and borrowing ---- isn’t that the purpose of a budget? The ceiling has been increased 78 times, the Reagan and
Bush administrations increased the ceiling 17 times. The Senate and the House each have a Budget Committee to define budget
needs. The Senate has a Finance Committee that corresponds with the House Ways and Means Committee to delineate the manner
the budget is to be paid. Therefore Congress is asking for a way to manage the budget they jointly and severely devised ----
deficit or surplus, they developed the budget and debt plans that they are wrangling over.
we the People of the United States of America are being terrorized by our government. We are afraid of losing government jobs,
Medicare, Social Security and other essential programs. Although these items have been appropriated and the cash to pay for
them is already in the bank ---- they could not have been appropriated otherwise. Now when congressmen,
who are up for election “salvage” a local project or portion thereof, the constituency will hail them as their
savior and reward them with reelection. When tax loopholes are closed instead of tax increases enacted ---- well you should
get the drift; just shifting terms and money from one pocket to another. We used to call that “pocket pool” (ask
a male Senior Citizen about pocket pool).
Do you believe that USA will be unable to pay its
bills? Hell no! We pay in dollars; we also PRINT dollars ---- Is that simple enough for you?
there is borrowing for shortfalls. Congress and the Treasury set our bond rating and credit worthiness, not Standard and Poor’s
---- incidentally, neither of the other two rating agencies followed Standard and Poor’s lead. As a certified conspiracy
theorist, I wonder how many knowledgeable stock traders engaged in short selling in light of the debt ceiling hassle. A lot
of money will be made as the judiciously selected stocks most assuredly will recover ---- another insider trading scandal
waiting to happen? With the stock market falling, guess what investors are switching to? ---- right; USA treasury bonds.
Do you think China, our biggest creditor and deficit trader with its artificially propped
up currency will no longer buy USA bonds? Not with projects such as the 7.2 billion dollar Oakland Bay Bridge feeding the
trade coffers and the many made in China products on our shelves and in our shopping carts ---- just nothing more than China
political posturing. Japan in a great PR move quickly bought more USA bonds, thereby protecting their stumbling auto industry
from the omnipresent specter of xenophobia.
As we have been threatened by the artificial budget
ceiling problem ---- does that make us victims of terrorism?
As Pogo, the cartoon
possum once prophetically stated, “We have seen the enemy, it is us!”