This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
Step one to understanding the economy and finance is simply understanding the accounting and financial terms that are new to you or which you do not understand. I usually start with a good dictionary or encyclopedia. A complete Oxford-English Dictionary or a good finance or accounting dictionary should have most of what you need. I always start with Wikipedia and Wiktionary. They usually have the basics.
You can link to both in the links section at this blog under “Get Data.”
If you don’t understand a word, look it up. If for some reason, you feel you still don’t understand, post a question here and I will see if I can answer or get one.
5 Comments
But first you have to understand deception …
——- The Blanket Trick ——-
The world’s nations got feisty they were doing quite well,
And this annoyed the USA,
They were gobbling ever more of the world’s resource pie,
Taking more and more each day …
Uncle Sam just smiled that knowing smile,
He had seen it all before,
So he got out his bag of dirty tricks,
And he spread them all onto the floor …
False flag operations and horrendous torture,
Lots of deceptions and devious guile,
When he saw the small pox in the blankets scheme,
He smiled a knowing smile …
He was driven to prevail and rule the world,
He had a ‘full spectrum dominance’ dream.
He knew that he could control the world,
With a variant of the blanket scheme …
So he altered the blanket of finance,
That held all the world together,
He wove in a credit bubble,
His touch as light as a feather …
And just as deftly and deviously as well,
He wove in leveraged derivatives too,
They functioned just like counterfeit money,
Soon the world was a fucking zoo …
“These nations are just like children.”
Said Uncle Sam with a knowing wink,
“Why openly spank them when you can deviously tank them,
and put their economies all in the drink?”
Deception is the strongest political force on the planet.
i on the ball patriot
Catherine can you shed some light on what
Rep. Paul Kanjorski was saying here?
What exactly is an electronic run on the banks?
“The Treasury opened its window to help. They pumped a hundred and five billion dollars into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks.
They decided to close the operation, close down the money accounts, and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there. And that’s what actually happened.
If they had not done that, their estimation was that by two o’clock that afternoon, five-and-a-half trillion dollars would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed… It would have been the end of our economic system and our political system as we know it.”
You should have left out the F word, otherwise a accurate statement of how the world economy can be manipulated by a country, or large international financial institutions.
James:
I don’t buy the story as it is told.
I do think that one of the things that has been going on is that foreign institutions have threatened to pull deposits unless we make good on the fraudulent paper Wall Street sold them. Consequently, a lot of the bailout money has gone abroad.
Catherine
Catherine,
Thanks for your reply.
Another question if you please.
Why do you think everything has gone silent
on the derivatives bubble?
Isn’t that the next shoe to drop?
And at estimates over $100 trillion – could this
not bring the country to its knees?
The world’s nations got feisty they were doing quite well,
And this annoyed the USA,
They were gobbling ever more of the world’s resource pie,
Taking more and more each day …
Uncle Sam just smiled that knowing smile,
He had seen it all before,
So he got out his bag of dirty tricks,
And he spread them all onto the floor …
False flag operations and horrendous torture,
Lots of deceptions and devious guile,
When he saw the small pox in the blankets scheme,
He smiled a knowing smile …
He was driven to prevail and rule the world,
He had a ‘full spectrum dominance’ dream.
He knew that he could control the world,
With a variant of the blanket scheme …
So he altered the blanket of finance,
That held all the world together,
He wove in a credit bubble,
His touch as light as a feather …
And just as deftly and deviously as well,
He wove in leveraged derivatives too,
They functioned just like counterfeit money,
Soon the world was a fucking zoo …
“These nations are just like children.”
Said Uncle Sam with a knowing wink,
“Why openly spank them when you can deviously tank them,
and put their economies all in the drink?”
Deception is the strongest political force on the planet.
i on the ball patriot
Catherine can you shed some light on what
Rep. Paul Kanjorski was saying here?
What exactly is an electronic run on the banks?
“The Treasury opened its window to help. They pumped a hundred and five billion dollars into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks.
They decided to close the operation, close down the money accounts, and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there. And that’s what actually happened.
If they had not done that, their estimation was that by two o’clock that afternoon, five-and-a-half trillion dollars would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed… It would have been the end of our economic system and our political system as we know it.”
You should have left out the F word, otherwise a accurate statement of how the world economy can be manipulated by a country, or large international financial institutions.
James:
I don’t buy the story as it is told.
I do think that one of the things that has been going on is that foreign institutions have threatened to pull deposits unless we make good on the fraudulent paper Wall Street sold them. Consequently, a lot of the bailout money has gone abroad.
Catherine
Catherine,
Thanks for your reply.
Another question if you please.
Why do you think everything has gone silent
on the derivatives bubble?
Isn’t that the next shoe to drop?
And at estimates over $100 trillion – could this
not bring the country to its knees?
But first you have to understand deception …
——- The Blanket Trick ——-
The world’s nations got feisty they were doing quite well,
And this annoyed the USA,
They were gobbling ever more of the world’s resource pie,
Taking more and more each day …
Uncle Sam just smiled that knowing smile,
He had seen it all before,
So he got out his bag of dirty tricks,
And he spread them all onto the floor …
False flag operations and horrendous torture,
Lots of deceptions and devious guile,
When he saw the small pox in the blankets scheme,
He smiled a knowing smile …
He was driven to prevail and rule the world,
He had a ‘full spectrum dominance’ dream.
He knew that he could control the world,
With a variant of the blanket scheme …
So he altered the blanket of finance,
That held all the world together,
He wove in a credit bubble,
His touch as light as a feather …
And just as deftly and deviously as well,
He wove in leveraged derivatives too,
They functioned just like counterfeit money,
Soon the world was a fucking zoo …
“These nations are just like children.”
Said Uncle Sam with a knowing wink,
“Why openly spank them when you can deviously tank them,
and put their economies all in the drink?”
Deception is the strongest political force on the planet.
i on the ball patriot
Catherine can you shed some light on what
Rep. Paul Kanjorski was saying here?
What exactly is an electronic run on the banks?
“The Treasury opened its window to help. They pumped a hundred and five billion dollars into the system and quickly realized that they could not stem the tide. We were having an electronic run on the banks.
They decided to close the operation, close down the money accounts, and announce a guarantee of $250,000 per account so there wouldn’t be further panic out there. And that’s what actually happened.
If they had not done that, their estimation was that by two o’clock that afternoon, five-and-a-half trillion dollars would have been drawn out of the money market system of the United States, would have collapsed the entire economy of the United States, and within 24 hours the world economy would have collapsed… It would have been the end of our economic system and our political system as we know it.”
http://www.youtube.com/watch?v=pD8viQ_DhS4
You should have left out the F word, otherwise a accurate statement of how the world economy can be manipulated by a country, or large international financial institutions.
James:
I don’t buy the story as it is told.
I do think that one of the things that has been going on is that foreign institutions have threatened to pull deposits unless we make good on the fraudulent paper Wall Street sold them. Consequently, a lot of the bailout money has gone abroad.
Catherine
Catherine,
Thanks for your reply.
Another question if you please.
Why do you think everything has gone silent
on the derivatives bubble?
Isn’t that the next shoe to drop?
And at estimates over $100 trillion – could this
not bring the country to its knees?
James