Seacoast

Overwhelmed!

Ladies and gentlemen:

Currently it is Christmas Day, December 25, 2008. I haven’t written for some time due to personal reasons. But a New Year is soon to arrive and I see many new beginnings. The article below was penned in early December. I think it is necessary that we acknowledge the past in a truthful manner so we can move forward towards a better future. We don’t want to live in the past or even dwell on it but we do need to understand it. The Country is now focused on financial survival and that is where we will go in the very next article. I wish you all the best of holidays and a New Year that brings you all that you wish for.

Now, more than ever, Americans need hope. A vast majority of Americans are in challenging times in their lives. More than any other factor, Americans need hope. I along with some friends of mine, would like to offer that hope along with some ideas of creating some financial success. It is a journey we will take together. I cannot guarantee anything other than my best efforts. Please write to me at seacoastpub.com and tell me of your personal situations. We want to build an email list that will offer us some power in terms of numbers. Of course, everyone wants that. Your email address will not be distributed to anyone, but used for alerts.

I personally believe that 2009 will be a difficult year for many but I also believe that gold and the precious metals complex is the vehicle that can change the financial landscape for many of us. But we have to recognize the past, learn from it, and then move forward. Most importantly we have to gain a positive attitude and leave the negative ones behind.

The article penned below illustrates that to which I am referring. But I think the article is positive in so far as it gives us a root, a foundation, from which to build “a new reality”.

On Friday, December 5, 2008, a gentleman named “Spence: penned an article titled The American People for www.leMetropolecafe.com, which I felt was an excellent piece of work and that deserved to be shared. It was clear, concise, linear, and accurate. I think that many of the Café members (www.lemetropolecafe.com) and those of us who’ve been following this gold market along with GATA for these past 10 years feel exactly the same way as does he. What we have been witnessing is nothing less than the destruction of the financial and now the social fabric of the United States of America. For those who do not belong to www.lemetropolecafe.com, I’m going to offer some highlights of that article below. By all means consider subscribing to the Cafe because there is no better place to acquire the pulse of the precious metals market. Additionally, all sorts of geopolitical truths are presented.

…and now The American People by Spence and copyrighted by lemetropolecafe.com

* The American people don’t want to know the truth. It is too comforting and reassuring to go along with the lies. Lies provide hope, albeit counterfeit.

* The American people could care less if the small precious metals market is being adversely manipulated (even if they knew) because although wrong, they do not think it affects them. The entire mainstream financial system is set up for advancing the vaporous paper asset dynamic. Everyone (and there are millions) involved in the current system has a vested interest in its continuation. Few, in relative terms, have a direct interest in precious metals, thus it is a lamb that easily and conveniently can be sacrificed without garnering attention, but with great impact.

* The American people are clueless about the obvious market manipulation going on every day right in front of them. Besides, they love it when Hammering Hank, Benevolent Ben and the sugar daddy PPT comes to the rescue in the first and/or last hour of the trading day to resurrect a plunging market in light of horrible economic news. Why question good fortune?

* The American people are not aware that our real economic base (manufacturing) has been exported and that we have no existing foundation upon which to rebuild. We have been lied to about the viability of an unproductive financial services based economy, and have accepted those lies.

* The American people have little concept of basic economics and are therefore incapable of figuring out how they are being taken advantage of by the bankers, the government and unscrupulous corporations. Those who do have an awareness of basic economics, only know the lies of Keynesian economic theory. Our leaders continue to destroy the economy by using Keynesian tools that are designed to help bankers, politicians, and non competitive large corporations to the detriment of the people. We accept inflation as normal and natural, even as it makes us more poor every day. We accept false government statistics even as they are clearly wrong and make no sense.

* The American people have not held accountable those responsible for financial and legislative corruption. Seldom, if ever do you hear of a banker or politician being brought to justice. In the few instances their crimes are brought to light, they either call in their favors to avoid prosecution, or if prosecuted, go away with a snicker and laugh while walking away with millions and a small fine.
**I cannot help but think on this 15th day of December 2008 about the Bernard Madus fiasco where $50 billion was stolen from right under the nose of the SEC!

* The American people have not demanded an honest and inquisitive news media that exposes financial and governmental corruption. Bankers and politicians generally are off limits.

* The American people have become slaves, not only to the bankers, politicians, and corporate heads, but also to the culture of consumption. As a people we work too many hours and take too little time off to enjoy life. We are on an endless treadmill that is speeding up beyond our ability to keep up.

* The American people no longer have the desire or perhaps the ability (both political parties behave the same) to hold bankers, politicians, and corporate heads responsible for the mess they have made.

* The American people have no concept of the enormous amount of money that has been put into the system in the last several years (and especially the last several months) and how it will adversely affect them, their children, and their children’s progeny in the future. The insane number of dollars being created out of thin air is mind-boggling, to say the least.

* The American people have allowed those in power:
a.) To abuse the privilege and trust of office.
b.) We allowed FDR to set the tone for uncontrolled and socialistic government/economic power during the thirties and forties.
c.) We allowed LBJ’s guns and butter policy in the 1960’s to run up a national debt that keeps growing and will never be repaid.
c.) We allowed Richard Nixon in 1971 to default on our nations promise to convert dollars to gold.
d.) We allowed Ronald Reagan in 1988 to create the President’s Working Group on Financial Markets by Executive Order 12631, thus initiating the formal apparatus for manipulating our financial markets.
e.) We allowed the federal legislative and judicial bodies to far exceed the powers granted to them in the constitution.
f.) We allowed large corporate executives to pay themselves ridiculous amounts of money.
e.) We allowed too many financial institutions to become too big to fail. There is no bail out clause in the constitution.

* The American people now feel helpless to change anything. The financial and government system is completely out of control.

* The American people are ultimately responsible for these problems because we have allowed them to occur and continue unchecked. We have let things go, and have allowed “bigness” in financial institutions, government and business to overcome and control us. The American government and our financial system has been discredited throughout the world. We are seen as not only greedy, but dangerous. Thanks to our financial, government and big ineffective corporate leaders, we are now viewed by the world as “The Evil Empire”.

Learning From the Past for a Positive Future