Saturday, October 31, 2020

HALLOWEEN (SAMHAIN): From Pagan to Christian

                                                                       

Samhain is a pagan religious festival originating from an ancient Celtic spiritual tradition. In modern times, Samhain (a Gaelic word pronounced “sow-win”) is usually celebrated from October 31 to November 1 to welcome in the harvest and usher in “the dark half of the year.” Celebrants believe that the barriers between the physical world and the spirit world break down during Samhain, allowing more interaction between humans and denizens of the Otherworld.

Ancient Samhain

Ancient Celts marked Samhain as the most significant of the four quarterly fire festivals, taking place at the midpoint between the fall equinox and the winter solstice. During this time of year, hearth fires in family homes were left to burn out while the harvest was gathered.

After the harvest work was complete, celebrants joined with Druid priests to light a community fire using a wheel that would cause friction and spark flames. The wheel was considered a representation of the sun and used along with prayers. Cattle were sacrificed, and participants took a flame from the communal bonfire back to their home to relight the hearth.

Early texts present Samhain as a mandatory celebration lasting three days and three nights where the community was required to show themselves to local kings or chieftains. Failure to participate was believed to result in punishment from the gods, usually illness or death.

Christian Samhain

As Christianity gained a foothold in pagan communities, church leaders attempted to reframe Samhain as a Christian celebration.

The first attempt was by Pope Boniface in the 5th century. He moved the celebration to May 13 and specified it as a day celebrating saints and martyrs. The fire festivals of October and November, however, did not end with this decree.

In the 9th century, Pope Gregory moved the celebration back to the time of the fire festivals, but declared it All Saints’ Day, on November 1. All Souls’ Day would follow on November 2.
Halloween

Neither new holiday did away with the pagan aspects of the celebration. October 31 became known as All Hallows Eve, or Halloween, and contained much of the traditional pagan practices before being adopted in 19th-century America through Irish immigrants bringing their traditions across the ocean.

Trick-or-treating is said to have been derived from ancient Irish and Scottish practices in the nights leading up to Samhain. In Ireland, mumming was the practice of putting on costumes, going door-to-door and singing songs to the dead. Cakes were given as payment.

Halloween pranks also have a tradition in Samhain, though in the ancient celebration, tricks were typically blamed on fairies.


Friday, October 30, 2020

My America Has Changed

At the outset, let me say that to refer to this country as MY AMERICA is pretty damn ARROGANT, especially since I am not nor have I ever been in a position the INFLUENCE the direction of MY AMERICA...


I am 73 year old married twice Veteran who has barely managed to survive a 45 year career where I voluntarily agreed to work for INTELLECTUAL IDIOTS whose sole purpose was to demonstrate to others their CONSISTENT INCOMPETENCE when it came to making decisions that their positions indicated that they had to make.

These WELL EDUCATED CLOWNS could not pour piss out of a cowboy boot with directions written on the heel as my Dad used to say about those with whom he had to work...  and like other scientific observers might have stated previously, the apple does not fall far from the tree.

AMERICA suffers from GREED.

AND, quite interestingly, our ECONOMIC GROWTH is contingent upon GREED.

When I was entering the workplace for the first time in the 1950's, the motto was "an honest day's pay for an honest day's work."   Since that time, this phrase has either been forgotten, overlooked, or completely ignored...  because we no longer believe in an honest day's work for an honest day's pay....  NO...  we now believe in the concept of HOW MUCH MONEY CAN I GET FOR DOING THE LEAST AMOUNT OF WORK...

This attitude had always been reserved for those employees who had already worked 30-40 years and who had through the grace of God been promoted through the ranks, finding themselves in positions of power and control...  as they leveled out their working career and began preparing themselves for retirement...

THOSE DAYS ARE LONG GONE...

Students in high school and college DO NOT WANT TO LEARN, they just want to know what they need to MEMORIZE in order to get the "A".  I have had the pleasure of teaching some of the intellectuals in my College Classes and they wrote on a 10th grade level, read on an 8th grade level and had no desire to problem solve or drill down on any subject for an answer unless it was how to get out of doing something or how to steal online music or hack someone's computer.

THESE ARE THE KINDS OF PEOPLE WITH WHOM YOU NEVER WANT TO SHARE A FOXHOLE...

Politics is worse than it has ever been in the sense of failing to compromise or reaching a solution that benefits ALL AMERICANS not just a selected few million.  We have also now turned the corner on the concept that if your party did not win the election, then you and your party must do everything in your power to UNDERMINE AND DESTROY THOSE WHO WON THE ELECTION...

My America has changed...











Thursday, October 29, 2020

Intelligence or Lack Thereof

                                                           
What Is Intelligence?
It might seem useless to define such a simple word. After all, we have all heard this word hundreds of times and probably have a general understanding of its meaning. However, the concept of intelligence has been a widely debated topic among members of the psychology community for decades.

Intelligence has been defined in many ways: higher level abilities (such as abstract reasoning, mental representation, problem solving, and decision making), the ability to learn, emotional knowledge, creativity, and adaptation to meet the demands of the environment effectively.

Psychologist Robert Sternberg defined intelligence as "the mental abilities necessary for adaptation to, as well as shaping and selection of, any environmental context."

SO...  who is Robert Sternberg?











AND...  because of this (see image above) we are supposed to believe that Dr. Sternberg is the be all and end all of intelligence, just because he is a PhD Yale Professor and wrote a book?

BUT...  since we do not have anyone else in mind to put forth a contradictory opinion, let's look at what he has to say on INTELLIGENCE.

Intelligence is possessing mental abilities to ADAPT< SHAPE< and SELECT...  which could mean that having a college education or having a master's degree or even a PhD does not necessarily make one intelligence unless one can ADAPT, SHAPE, and SELECT any environmental context (whatever that means).

YET OUR SOCIETY measures INTELLIGENCE by the amount of EDUCATION one has received and successfully passed by some generally accepted measurement.

SO...  one could attend a college class, memorize what was needed to receive an "A" in the course and follow that same procedure throughout a college career that ended up with a PhD when in reality that person retained very little if any of the knowledge that was presented and would be considered HIGHLY INTELLIGENT.

That just doesn't seem FAIR to me...  but what do I know since I am not HIGHLY INTELLIGENT...


Tuesday, October 27, 2020

The Year Was 1969

William Kunstler
The trial of The Chicago 7 was taking place with their main attorney William Kunstler and the reason why I remember this is the fact that William Kunstler gave at talk at Elon College regarding the rights of students.  The school administration was searching our dorm rooms indiscriminately and without warning and we complained that the school administration did not have the right to do this because they were a Church of Christ College and could do as they pleased.  

At Kunstler's LECTURE, he informed those students present that Elon College actually received more funds from the Federal Government than they did from the Church of Christ and therefore needed to have a SEARCH WARRANT in order to search our rooms since we were paying a rental fee for those rooms.  Elon College stopped the practice after Kunstler's LECTURE.

This type of experience is not easily forgotten.

I just watched the movie THE TRIAL OF THE CHICAGO 7 and it vividly brought back memories that had all but been forgotten by me and the reason why these memories were more or less forgotten by me was the fact that I did not return to Elon College the second semester was that I had enlisted in the US Navy Reserves and did not have to report to active duty for another year as long as I attended Reserve meetings.


THE TRIAL OF THE CHICAGO 7
The trial of the Chicago Seven begins before Judge Julius Hoffman. Initially there were eight defendants (and the group was known as the Chicago Eight), but one, Bobby Seale of the Black Panthers, denounced Hoffman as a racist and demanded a separate trial. The seven other defendants, including David Dellinger of the National Mobilization Committee to End the War in Vietnam (MOBE); Rennie Davis and Tom Hayden of MOBE and Students for a Democratic Society (SDS); and Jerry Rubin and Abbie Hoffman of the Youth International Party (Yippies), were accused of conspiring to incite a riot at the 1968 Democratic National Convention.

At the height of the antiwar and civil rights movements, these young leftists had organized protest marches and rock concerts at the Democratic National Convention. During the event, clashes broke out between the protesters and the police and eventually turned into full-scale rioting, complete with tear gas and police beatings. The press, already there to cover the Democratic convention, denounced the overreaction by police and Chicago Mayor Richard Daley’s handling of the situation.

The Chicago Seven were indicted for violating the Rap Brown law, which had been tagged onto the Civil Rights Bill earlier that year by conservative senators. The law made it illegal to cross state lines in order to riot or to conspire to use interstate commerce to incite rioting. President Johnson’s attorney general, Ramsey Clark, refused to prosecute the case. 
SOURCE:  History.com



Monday, October 26, 2020

Recovering From Whiteness

WHITE PEOPLE ARE INHERENTLY RACIST because of their upbringing and the way our WHITE SOCIETY has conditioned people.  Our WHITENESS came from the BRITISH EMPIRE that colonized countries all over the world and then controlled them through their own BIASED WHITENESS that they were SUPERIOR in all aspects of LIFE...

It is this WHITENESS that colonized and conquered the territories of America and it is this WHITENESS that built up as a natural byproduct of this WHITENESS the concept and unconscious belief in WHITE SUPREMACY...

It is WHITE SUPREMACY that wrote the Declaration of Independence
It is WHITE SUPREMACY that wrote the US Constitution
It is WHITE SUPREMACY that wrote the Bill of Rights
It is WHITE SUPREMACY that passed all the Constitutional Amendments
It is WHITE SUPREMACY that created our militaries
It is WHITE SUPREMACY that created our law enforcement
It is WHITE SUPREMACY that control CONGRESS (both House and Senate)
It is WHITE SUPREMACY that controls the Supreme Court
It is WHITE SUPREMACY that controls the Presidency
It is WHITE SUPREMACY that controls our Businesses and Industries

HOWEVER,
It is the BLACKS who control FOOTBALL
It is the BLACKS who control BASKETBALL
It is the BLACKS who are controlling our MUSIC INDUSTRIES
It is the BLACKS who are controlling our MOVIE INDUSTRY

Now on our College Campuses, we are seeing programs that are telling WHITE STUDENTS that they are SICK and infected with this WHITENESS...  and, that they need to recover from being white.

The following is a 12 STEP PROGRAM designed to recover from WHITENESS...

12 Steps of Recovery from White Conditioning
1.) We admitted that we had been socially conditioned by the ideology of white supremacy…that our minds were subject to racial biases, often unconsciously so.
The first step to any kind of recovery is admitting that we have a problem. Individuals not ready to acknowledge a problem may be unable to pursue and receive the help they need. Becoming aware of a problem—and admitting it to others—can be challenging, but it is a fundamental step on the recovery journey.

2.) We came to believe that we could embrace our ignorance as an invitation to learn.
We acknowledge that we, as white people, will never know what it feels like to walk in the world as a person of color. We embrace our “not knowing” as a powerful reminder of our ongoing need for new learning, and we abandon white supremacist traditions of “knowing” how others should feel, think, and act.

3.) We developed support systems to keep us engaged in this work.
We are aware that facing and recovering from the effects of white supremacist conditioning will involve difficult, sometimes painful, moments. We commit to developing practices that facilitate self-care…to ensure that we are gentle with ourselves while also bravely able to confront the dehumanizing ideology of white supremacy.

4.) We journeyed boldly inward, exploring and acknowledging ways in which white supremacist teachings have been integrated into our minds and spirits.

After acknowledging the problem, we must also acknowledge that it has impacted many areas of our lives, consciously and unconsciously. Each of us must explore ways, past and present, in which the ideology of white supremacy has negatively impacted us: our understanding of history, our social networks, and our patterns of interacting with people of color, with an emphasized focus on microaggressions.

5.) We confessed our mistakes and failings to ourselves and others.

Beyond identifying ways in which our thinking, feeling, and relating have been impacted by white supremacist conditioning, honestly addressing the actions that have emerged from that conditioning is a separate, necessary step. Confessing past (and ongoing) microaggressions to a group and receiving support is an essential part of recovery.

6.) We were entirely ready to deconstruct previous ways of knowing, as they had been developed through the lens of white supremacy.

After admitting these problems (white supremacist conditioning and related actions), it is then time to let go of “knowledge” developed in isolation from people of color.

7.) We humbly explored new ways of understanding…proactively seeking out new learning and reconstructing a more inclusive sense of reality.
This step involves mindfully and intentionally engaging in learning to more deeply understand the experience of people of color in a white supremacist society. This type of learning can take place in a variety of ways, including: reading texts written by people of color, actively listening to the experiences of people of color, patronizing businesses owned by people of color, etc.

8.) We committed ourselves to ongoing study of our racial biases, conscious or unconscious, and our maladaptive patterns of white supremacist thinking.
This step is about identifying our triggers to negative thoughts (or other stereotypes, positive or negative) about people of color. We remain curious about the source of our thoughts, fears, and assumptions…and perpetually aware of their existence.

9.) We developed strategies to counteract our racial biases.
Developing positive associations to counter negative thoughts is an important, proactive strategy in recovery from white supremacy. We believe that the most powerful way to develop positive associations is to develop authentic relationships with people of color. In lieu of such relationships, we can still engage in daily, proactive practices to retrain our brain from the ill-effects of white supremacist conditioning.

10.) We embraced the responsibility of focusing on our impact, more than our intentions, in interactions with people of color.
Taking responsibility for the impact of our actions is an ongoing part of recovery. If we fall back into perpetuating white supremacist ideology—or defending actions that have caused hurt to people of color—it’s important to stop and admit it. Prioritizing impact, instead of explaining the intent of our behavior (i.e. “I didn’t mean to offend you”), is essential for attending to the human being in front of us.

11.) We engaged in daily practices of self-reflection.
Reflecting on the day—on moments in which we confronted our own white supremacist conditioning and on moments in which we were still bound by its limiting beliefs—is an investment in our recovery. Relevant spiritual practices may play a helpful role in this step, as a way to encourage us toward continued growth and connection, beyond our mistakes.

12.) We committed ourselves to sharing this message with our white brothers, sisters, and siblings…in order to build a supportive recovery community and to encourage personal accountability within our culture.
Assisting others to seek help in recovering from white supremacist conditioning and in becoming an ally with people of color is a core component of recovery. Working with future recovery-from-white-supremacist-conditioning groups is a common choice for this step.



Sunday, October 25, 2020

POPE Implies BIBLE is WRONG or Has Been Interpreted WRONGLY

Pope Francis and homosexuality 
in the Catholic Church: an analysis
Though Pope Francis has endorsed same-sex civil unions and LGBT+ rights, he continues to perpetuate discrimination against LGBT+ people within the clergy and laity. What's behind the contradiction?

"Who am I to judge gay people?" Pope Francis reportedly said to journalists on a flight back to Rome from Rio de Janeiro after a resounding World Youth Day in July 2013.

Seven years later, the pontiff has returned to the controversial subject of homosexuality in the Catholic Church. In Francesco, a new documentary film about the pope by Evgeny Afineevsky, he says: "Homosexual people have a right to be in a family. They are children of God and have a right to a family. Nobody should be thrown out or be made miserable over it."

Nobody? Even Catholic priests and believers? What's certain is that the Catholic Church's approach to homosexuality is full of contradictions and double standards. After all, the same pope who has now endorsed same-sex civil unions is against same-sex marriage. The same pope who says that people should not be made "miserable" because of their sexual orientation is against gay men joining the clergy.

>>>There are seven texts often cited by Christians to condemn homosexuality:
  1. (Genesis 9:20–27) 
  2. (Genesis 19:1–11)
  3. (Leviticus 18:22)
  4. (Leviticus 20:13)
  5. (1 Corinthians 6:9–10)
  6. (1 Timothy 1:10)
  7. (Romans 1:26–27)
READ THEM FOR YOURSELF and see if, in your opinion, they are referring to HOMOSEXUALITY or to something else that has nothing to do with HOMOSEXUALITY...

NOW...  let's suppose, for the sake of argument, that these 7 passages have NOTHING TO DO with saying that HOMOSEXUALITY from a Biblical perspective is wrong...

What about ABORTION?
Have we been wrong about ABORTION also?

According to John Collins, who wrote an article on October 16, 2020, and I quote:  Christians who turn to Scripture to trump political debates on abortion should be reminded that the Bible does not actually say anything at all on the topic. On this issue there is no divine revelation to be had.
 

ODDS and ENDS











 

Saturday, October 24, 2020

Civil Liberties For ALL or NONE

Civil liberties
are guarantees and freedoms that liberal governments commit not to abridge, either by legislation or judicial interpretation, and without due process of the laws governing these civil liberties.

Civil liberties may include the:

Other civil liberties include the 

Within the distinctions between civil liberties and other types of liberty, distinctions exist between positive liberty/positive rights and negative liberty/negative rightsSOURCE:  WIKIPEDIA


Because of what is happening in this country perpetrated by those who DO NOT LIKE President Trump, many of my civil liberties are being IGNORED...

As a conservative, I have the civil liberties of:
  • expression
  • speech
  • conscience
  • security
  • assembly
However, in some of the cities that are controlled by DEMOCRATS, these freedoms are being DENIED...

Especially so, when it comes to my security and the security of those with similar thoughts...  we are not being protected from violence being perpetrated against us whenever we assemble peacefully.  In fact, there are movements underway to defund the police which would further exacerbate the violation of my civil liberties...  those of security, assembly, and expression...

Have we turned into a country where the only civil liberties that are being protected as those that are being expressed by Liberals and those persons who are promoting BLACK LIVES MATTER...

This country CANNOT protect the CIVIL LIBERTIES of BLM while ignoring the CIVIL LIBERTIES of those who are not involved in or with the movement.

ALL CIVIL LIBERTIES MUST BE PROTECTED OR THERE WILL BE A CIVIL LIBERTIES WAR BETWEEN THOSE SEGMENTS OF THE POPULATION WHO STAND ON EITHER SIDE OF THE CIVIL LIBERTIES ISSUES...

Friday, October 23, 2020

By Any Means Necessary

 

THE FACT REMAINS THAT...

NO MATTER HOW MUCH BLACKS DEMAND FROM OUR FEDERAL GOVERNMENT AND NO MATTER HOW MUCH OUR FEDERAL GOVERNMENT DECIDES TO GIVE THE BLACKS...  BLACKS WILL NEVER BE WHITE...

Now, what do I actually mean by that statement?

God created the heavens and the earth.
God created fish, fowl, and 4 legged animals
God created mankind: that included man and woman
God created all the global ethnic groups

GOD wants HIS WILL to be done on earth as it is in Heaven...   God was not just speaking to the Whites or the Blacks or Browns or all those colors in between.  God was speaking to everyone...  If GOD intended the Black Race to be white, God would have created them white...  but, God did not do that.

By Any Means Necessary is an ACTION that will result in a COUNTER ACTION and the RESULT will not be the result that was originally intended.

GOVERNMENT cannot stop or change HATE
only PEOPLE can stop or change HATE
and signs like the one in the above photo will cause that HATE to EXPAND

Blacks represent only 13% of the American Population in 2020.  And, nothing will change that FACT, just like nothing will change a person who is black into a person who is white.  By any means necessary is not going to achieve the desired results.

GOD wanted people of different colors to live and co-exist in HIS WORLD.  GOD did not create people of different colors in order to start and perpetuate violence and wars between the people of different colors.  It would have been illogical to think that this was his plan.

I don't know what it is like to be BLACK nor do I know what it is like growing up BLACK.  BUT, what I do have first hand knowledge of is being in a SHOPPING MALL with my wife and being the only WHITE PEOPLE in that mall and how terrified my wife and I felt and did our best to get the hell out of there as quick as we could.

Change has to come within the person.  Our government cannot force a person to change his/her beliefs about this or that, like race and racial issues.  What the government will do once involved will be to create more of a problem than it fixes.




Global Hatred/Fear of USA

TYPES OF EXISTING GLOBAL GOVERNMENTS
  1. Anarchy
  2. Aristocracy
  3. Bureaucracy
  4. Capitalism
  5. Colonialism
  6. Communism
  7. Democracy
  8. Federalism
  9. Feudalism
  10. Kleptocracy
  11. Meritocracy
  12. Military Dictatorship
  13. Monarchy
  14. Oligarchy
  15. Plutocracy
  16. Republicanism
  17. Socialism
  18. Theocracy
  19. Totalitarianism
  20. Tribalism

AND...  of these 20 types which one(s) is/are America(ns)?
America is in part these:
  1. bureaucracy
  2. capitalism
  3. democracy
  4. federalism
  5. republicanism
  6. socialism 
Although our Constitution indicates that we are a DEMOCRATIC REPUBLIC....

REGARDLESS, the rest of the world MEASURES America by the following:
  1. We have the largest military in the world
  2. We have the largest economy in the world
  3. We have a majority of the richest people in the world
  4. We have the most freedoms of anybody in the world
  5. We have the highest per capita income in the world
  6. We have the greatest higher education in the world
  7. We have the greatest medical care in the world
  8. We have the greatest professional athletic programs in the world
  9. We have the greatest movie industry in the world
  10. We have the greatest religious freedoms in the world
  11. We have the greatest musical industry in the world
  12. We have the greatest recreational programs/parks in the world
  13. We have the greatest opportunities for happiness in the world
  14. We have the most abundant natural resources in the world
AND, it is because of these 14 points that we are the most HATED and FEARED country in the world simply because of all the PERCEIVED and REAL POWER that we have.

IMF Replaces US Dollar With YUAN

China wants its currency, the yuan, to replace the U.S. dollar as the world's global currency. That would give it more control over its economy.
China's economic might grows, it's taking steps to make that happen. A slim majority of institutional investors see it as inevitable, but don't say when.1 Could we see a switch from a greenback to a redback-dominated world? If so, how and when would that happen? What would be the consequences?
Before the yuan can become a global currency, it must first be successful as a reserve currency. That would give China the following five benefits:
  1. The yuan would be used to price more international contracts. China exports a lot of commodities that are traditionally priced in U.S. dollars. If they were priced in yuan, China would not have to worry so much about the dollar's value.
  2. All central banks would have to hold yuan as part of their foreign exchange reserves. The yuan would be in higher demand. That would lower interest rates for bonds denominated in yuan.
  3. Chinese exporters would have lower borrowing costs.
  4. China would have more economic clout in relation to the United States.
  5. It would support President Jinping's economic reforms.
* * * * * * * * * * 
Effects of a Dollar Collapse
A sudden dollar collapse would create global economic turmoil. Investors would rush to other currencies, such as the euro, or other assets, such as gold and commodities. Demand for Treasurys would plummet, and interest rates would rise. U.S. import prices would skyrocket, causing inflation.

U.S. exports would be dirt cheap. This would give the economy a brief boost. But in the long run, inflation, high interest rates, and volatility would strangle possible business growth. Unemployment would worsen, sending the United States back into recession or even a depression.       
SOURCE:  THE BALANCE

* * * * * * * * * * 

If the dollar loses its status as the reserve currency, it would be a major shift in the global economy the likes of which only happens once or twice a century. What happens then is anybody’s guess. The result could be chaos if it’s mismanaged; but if it’s handled well, the loss of the reserve currency could be healthy for the U.S. and the world. Indeed, given the U.S.’s waning economic dominance, the consequences of keeping the dollar as the sole reserve currency could be worse.

Because the dollar is the reserve currency, central banks around the world hold large amounts of dollar-denominated assets, mostly U.S. government bonds. They hold these reserves for a number of reasons: to maintain exchange-rate pegs, to insure against capital outflows and to facilitate international trade.   
SOURCE:  BLOOMBERG


COMMENT Most everyone believes that the USA will never lose its IMF status as being the INTERNATIONAL CURRENCY OF TRADE...  and, while that is reassuring for people to think and say, it does not mean that it could, one day, happen...  and, the main reason for something like this to actually take place would be the USA not paying down its NATIONAL DEBT or not STOPPING THE INCREASE of the National Debt.

Social Programs that are desired by the Progressive Liberals of the Democratic Party, could cause our NATIONAL DEBT to substantially increase and it would be illogical to think that raising taxes on the wealthy and corporations would take care of those increases, especially when the wealthy are incredibly SAVVY about sheltering their monies away from taxes.

Increases in taxes on corporations would cause our economy to grow at a much slower rate as people would be hired to work at a much slower pace to compensate for the increased expenses.

THE USA IS GETTING DANGEROUSLY CLOSE TO FACING A FINANCIAL CRISIS WITH ITS DESIRE TO PROVIDE MORE AND MORE FREE SERVICES TO ITS CITIZENS...  BUT... THAT CONCERN IS BEST REALIZED RATHER THAN ANTICIPATED...

Thursday, October 22, 2020

A Country Without Laws

I remember growing up in a neighborhood where all the boys would get together and play "cops and robbers" or "cowboys and Indians" and if you were on one side on Saturday, then you were on the other side the following Saturday.  I suppose that was fair even though there were some of us who made better cops than robbers and some of us who made better Indians than cowboys but those were our rules and we followed the rules...

As I got older, I developed a healthy disrespect for the cops as I saw them brutalize protestors or give speeding tickets to those who barely exceeded the speed limit just because they could.  I also witness them use excessive force even when excessive force was not necessary simply because the victim was a male with long hair.

I was personally involved in protests in Washington, DC during the Vietnam War and was caught in the middle during the race riots in Alexandria, VA and in Greensboro, NC because of some unnecessary use of voice against black people.  There were whites that supported the blacks but there were also whites that stood up against the blacks.  

In all the protests that I witnessed DRUGS WERE INVOLVED.

LOGICALLY, I know that law enforcement is set up to enforce the laws and to help people who are being victimized, but more often than not, there is a disdain for law enforcement and this disdain typically revolves around the fact that LAWS ARE NOT ENFORCED EQUALLY...  but, if they were, I believe things would have been a little different.

  • Black people are targeted
  • Poor people are targeted
  • Uneducated people are targeted
  • Out-of-State people are targeted
I am a rule breaker...   I have always been a rule breaker...   Rules are generalized and don't cover all the exceptions that may arise which is one of the biggest reasons not to have so many rules.  But, we are a society of rules and law enforcement's job is to enforce those rules, NOT TO INTERPRET THEM...  and, therein lies our biggest complaint...

If the LIBERALS have their way and at some point-in-time, they will have their way, simply because they have more votes than CONSERVATIVES, then law enforcement will be REDUCED IN SIZE AND IN POWER simply because the black man/woman has typically been their targets.

THIS OPENS THE DOOR
FOR THE REST OF US TO 
BREAK THE LAW(S)......  



The IMF and the International Currency of Trade

 

GLOBAL CONCERN:  The possibility of the dollar being replaced as the world reserve currency has been a topic of discussion in economic circles for nearly two decades. But what could replace the dollar, and how might this affect the dollar’s exchange rate...

World reserve currency means a currency that many central banks hold as part of their FX reserves. In theory, any currency could be a world reserve currency. But in practice, central bank FX reserves are dominated by a few currencies. These currencies are typically issued by well-managed central banks on behalf of governments which have a history of meeting their obligations. As a result, they tend to have stable exchange rates and low inflation. This makes them attractive both for international trade and as long-term savings vehicles.

The International Monetary Fund (IMF) recognizes eight world reserve currencies: U.S. dollar, euro, Chinese renminbi (yuan), Japanese yen, British pound, Australian dollar, Canadian dollar and Swiss franc. Of these, USD is by far the most widely used in global FX reserves. Nearly 60 percent of the world’s FX reserves are denominated in dollars. In the second quarter of 2019, the total dollar value of global FX reserves stood at $11.7 trillion, of which $6.8 trillion were in dollars or dollar-denominated assets.1 For this reason, the dollar is often referred to simply as the world reserve currency.

How Does World Reserve Currency Status Affect Exchange Rates?
The dollar’s dominance in FX reserves is thought to confer an “exorbitant privilege” on the U.S., enabling it to borrow large amounts at low interest rates without fear of a “sudden stop.” However, some economists point out that this privilege is not without cost, since it may keep the dollar’s exchange rate too high for balanced trade, hampering U.S. exporters.2 The U.S.’s role as safe asset provider to the world also means that in a financial crisis, it could find itself responsible for bailing out the global financial system, as happened in 2008.3

The second most favored world reserve currency is the euro, which in the second quarter of 2019 accounted for $2.2 trillion of total global FX reserves, or just under 20 percent. Of the remaining 20 percent, the yen and sterling between them account for approximately half.4

Since central bank FX reserves are used to settle international payments, the dominance of the dollar in international trade explains the dollar’s prevalence in global FX reserves. However, trade is not the only reason that central banks keep FX reserves. They also maintain reserves as a buffer against sudden exchange rate swings.

Is the World Moving Toward ‘Multi-Polar’ Reserve Currencies?
Although the dollar is globally dominant, countries also tend to hold the currencies of the dominant trading nation in their vicinity. Thus, European countries outside the Eurozone tend to hold the euro, and Asian countries hold the yen and, increasingly, the renminbi. Some economists argue that this tendency could develop into a full-fledged “multi-polar” system in which the dollar would be the principal reserve currency for the Americas, the euro would be the principal reserve currency for Europe and Africa, and the renminbi for Asia and Australasia.

Should a multi-polar reserve currency system emerge, then global demand for both dollars and dollar-denominated safe assets might subside, while demand for euros and renminbi, and their associated safe assets, might increase. This could mean a lower dollar exchange rate, particularly in relation to the euro and the renminbi, and higher interest rates on dollar-denominated securities, notably U.S. government debt.   
TO READ ENTIRE ARTICLE, CLICK HERE...


Tuesday, October 20, 2020

What If The US REFUSES To Pay Back CHINA?

Martha C. White writes in an article published by NBC News the following:

THE USA HAS BORROWED $1 TRILLION FROM CHINA

The recent intensification of President Donald Trump’s hard line on China has included a wide-ranging grab bag of policies and proposals that touch on everything from student visas to soybean purchases. But the most explosive might be the suggestion floated by some right-wing lawmakers and commentators that the country could choose to default on some of the nearly $1.1 trillion in U.S. Treasury bonds held by China.

The proposal alarms analysts, who say even entertaining the idea is dangerous in an economic environment characterized by a pandemic-driven recession and a massive increase in the national debt.

Sen. Lindsey Graham, R-S.C., a close Trump ally, said on Fox News, “They should be paying us, not us paying China,” and expressed support for a suggestion from Sen. Marsha Blackburn, R-Tenn., that the U.S. should cancel its sovereign debt held by China.

John Yoo, a law professor at the University of California, Berkeley, and visiting scholar at the American Enterprise Institute, said in an article that the U.S. could “make China pay for COVID-19” by reneging on its commitment to bondholders. “Conceivably, Washington could even cancel Chinese-held treasury debt and us[e] the proceeds to create a trust fund that would compensate Americans harmed by the pandemic,” he wrote.

While Yoo allowed that this would roil financial markets, others say even that acknowledgement vastly understates the scope of economic calamity this would trigger.   TO READ ENTIRE ARTICLE, CLICK HERE...

Monday, October 19, 2020

Are You Worried About Our National Debt?

Though the national debt is at a post-war high, the willingness of policymakers to address it seems as if it is at an all-time low. The last two years have been defined by massive, unpaid-for tax cuts and spending increases, with little attention to addressing near- or long-term fiscal imbalances.


Meanwhile, commenters on the left and right are increasingly urging Washington to ignore mounting debt levels and instead focus on enacting new costly initiatives while protecting special interest tax breaks and spending programs.

This new debt denialism could not come at a worse time. The rapid aging of the population means that deficits and debt are on course to explode in the coming decades. With a strong economy and unemployment rate below 4 percent, now is the time to begin reducing deficits, not increasing them. As President John F. Kennedy once said, “the time to repair the roof is when the sun is shining.”

Yet instead of repairing our fiscal situation, policymakers seem intent on worsening it. Never have deficits been this high when the economy was this strong – and they are growing. We project debt held by the public as a share of the economy will double by mid-century under current law, from 78 percent of Gross Domestic Product (GDP) today to over 150 percent by 2030. Extending current policy, we project debt will rise above 205 percent of GDP by 2050 – nearly twice its historic record.

The consequences of such high and rising debt could be significant and will result in the following:
  • Slow income growth;
  • Increase interest payments, crowding out other priorities;
  • Push up interest rates;
  • Dampen our ability to respond to the next recession or emergency;
  • Place more burden on future generations; and
  • Increase the risk of a fiscal crisis.     TO READ ENTIRE ARTICLE, CLICK HERE...


Sunday, October 18, 2020

THREATS to our Way of Life

DOMESTIC
  1. Censorship of Conservative Ideas
  2. COVID Pandemic
  3. Illegal Drug Sales/Usage
  4. Civil Disobedience and Violence
  5. Slow Economic Growth/Unemployment
  6. Global Warming/Climate Control
  7. Liberals versus Conservative
  8. Restructuring Law Enforcement
  9. Increasing Taxes/National Debt
  10. Increasing Medical cost
  11. Do Nothing Congress
  12. Immigration
GLOBAL
  1. A Nuclear North Korea 
  2. Spread of Communism
  3. IMF/International Currency of Trade
  4. Russian Interference/Aggression
  5. China's Economy and Military
  6. Trade and Free Markets
  7. Foreign Wars, Aggression, Acquisition
  8. Increases in Population
  9. Food and Water Supplies
  10. Terrorism and Violence
  11. Future Pandemics
  12. Poverty and Hunger

HOWEVER, 
Most Americans don't really give a shit about ALL OF THIS...  unless they can see or be told WHAT'S IN IT FOR THEM...

This is what a majority of our citizens have become in recent years, mainly because our CONGRESS does nothing and their parents gave them everything, so they FEEL ENTITLED...

And, maybe there is nothing wrong with that other than it puts pressure on our Federal Government to take care of them rather than they taking care of themselves.

Each of these 12 points comes with PROS and CONS and no doubt WHAT IF scenarios associated with moving in this direction or in that direction, but these are all issues that will, at some point-in-time be dealt with even if that action is to do NOTHING.

BEGINNING TODAY

All postings for this blog will appear on my blog:  JOURNAL FOR DAILY PAGES....  all of the internal page links have been switched.  This bl...