Sunday, September 16, 2012

Sunday the 16th of September in Indian Country

Here is a summary of where the world stands:

Unable to reach a compromise over the weekend, South Africa is now in an all out labor strike, with the police again firing rubber bullets at miners with lethal escalation guaranteed.

Back from vacation, the once again penniless citizens of Spain, Greece, and Portugal have resumed protesting austerity.

US embassies attacked, in many cases with numerous casualties, in Egypt, Libya, Tunisia, Morocco, Sudan, Lebanon, India, Balgadesh, Indonesia, and others.

Japan "appropriating" China-contested islands provoking a firestorm of retaliation including demands for "war with Japan".

The Japanese ambassador to China dying mysteriously .

Netanyahu telling Meet the Press Iran will have a nuke in six-seven months and must be stopped beforehand.

Warships from more than 25 countries, including the United States, Britain, France, Saudi Arabia and the UAE, launching a military exercise in the Straits of Hormuz.

A third US aircraft - the CVN-74 Stennis - carrier is en route to Iran with an ETA of about 10 days.

And finally, a potential catalyst to light this whole mess on fire, Iran's Revolutionary Guard announcing that its troops are now on the ground in Syria.

As I sat in church this morning and my mind wondered, (it often does that in church, sorry Steven Gibbs) I had some sense of guilt in not trying harder to get more Native American tribes to invest in the precious metals.   You can get them into the circle but sometimes they just won't dance!!  Heavens, some tribal council members still don't even have personal checking accounts.  I have spent years and years and thousands upon thousands of MY OWN MONEY  (Obama wasn't in on this thank God)  trying to get Native Americans and Native American entities to come aboard and have Chippewa Partners represent their interests in the financial markets.   There is not a single Native American money management firm that has been doing this longer than my firm.

It is so sad that "they"  run off to some local insurance agent or some stockbrokerage outfit that doesn't even have fiduciary responsibility for their assets and get creamed.  The stories of financial carnage across Indian Country are almost infinitesimal.   It won't change in my lifetime I don't think.  It is sort of like Pine Ridge and Whiteclay.  Everybody knows what they probably SHOULD do they just WON'T do it because of the politics involved and the money at stake as tribal council members.

The only people who lose is simple.  Indian Country.   Those who need it most.

Native American Advisors CHIPPEWA PARTNERS