Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.

Tuesday, July 16, 2013

America. BROKE?

Maybe because I grew up in a house that had a Law Enforcement officer calling the shots.   Maybe it was because I simply grew up in a family that believed in hard work and honesty.   In any case, there were consequences if rules were broken.

In America they flaunt the rules.  They flaunt justice.   From the highest law enforcement official in the land to 1600 Pennsylvania we simply get a ration of bullshit.

Let me know what you think.  Broke or not broke?  Fiscally or morally?  Or both?

( – According to the Daily Treasury Statement for July 12, which the U.S. Treasury released this afternoon, the federal debt that is currently subject to a legal limit of $16,699,421,095,673.60 has stood at exactly $16,699,396,000,000.00 for 56 straight days.

That means that for 56 straight days the federal debt has remained approximately $25 million below the legal limit.

Is that possible? Of course not. Quantitative Easing by itself is increasing debt at the rate of $85 billion every thirty days.

Government sets its own laws. When they become inconvenient, they just ignore them and do whatever they choose. Then they lie to the American people.

Long ago Justice Brandeis observed:

In a government of laws, the existence of the government will be imperiled if it fails to observe the law scrupulously. Our government is the potent, the omnipotent teacher. For good or ill, it teaches the whole people by its example. If government becomes a lawbreaker it breeds contempt for law: it invites every man to become a law unto himself. It invites anarchy.

Is there a better explanation for why our society is crumbling?

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