FSU Editorial: "The Forest Hiding Behind the Trees" by Richard Brawn 12/20/2007

THE FOREST HIDING BEHIND THE TREES
by Richard K. Brawn
December 20, 2007

If the simplest solution is probably the most likely, then the simplest definition of the problem also best defines the problem. The first step is to state the situation. So here it is. The men operating the Federal Reserve Bank are operating in secret, conducting ex post facto public policy, governance without due process, without regard to the public right to petition government, doing financial operations without restraint of civil liability, and virtually no oversight by Congress. The Federal Reserve Bank is conducting foreign policy and by what right we shall never know. Despite the Constitutional provision that all appropriations will be started in the House of Representatives, the Federal Reserve Bank has handed out colossal sums of money. Money is power in politics. These actions by this Federal Reserve Bank are completely outside the bounds of the United States Constitution. This is just part of the situation.

Many, many media articles are floating around about what the Federal Reserve Banks representing the fiat money countries are up to. Not a single one of those writings is completely factual. More to the truth is that there are insiders and there are outsiders. The media and media writers have absolutely no capability to obtain a total picture from inside corporations, government, or Reserve Bank decision centers. These decision centers are totally fragmented. Their number far exceeds all the bits and pieces represented by all the financial markets that we have come to know by their acronyms (CDO, etc). The decisions are correspondingly fragmented by opacity that always exists between insiders and outsiders. The decision centers are microcosmic compared to the big picture. Each decision center is island within an opaque ocean. Adding to this morass are new devices being established by the Reserve Banks, and other participants in the markets. Whatever is new has to be integrated into an opaque morass. Nobody sees more than the microcosm to which they are exposed and nobody knows more than that which they perceive within their microcosm. All the rest is imagination.

Imagination is running rampant in the media. It is creating its own obscuration of the situation. Searching for truth within a well written essay that was really constructed to provide financial benefit to the writer, is like searching for a pin in a haystack representing human self-interest. At this point, everything is mere guess work and supposition. Reserve Bank deliberations are closed to the outsiders. That is not to say that all non-reserve bank personages are outsiders. Some will have insider privileges to key information and some will receive immunity for their private party actions through creation of after-the-fact ‘public’ policy. But, all who are not actually ‘insiders’ must consider themselves to be outsiders and forego elevated ego-trips. The ethical complications of this morass are becoming apparent. Police of self-interest and self-dealing is an identifiable victim. Investigations initiated today will be subject to political judgment tomorrow. The extent of fraud may be so pervasive that prosecutors will simply cherry pick and delay. Civil claims of wrong doing will suffer from the special legal privileges provided by the corporate cloak.

I have tried to create a hairball smoke, mirrors, illegality, and complexity so you can truly be ready for simplicity.

Here is the problem: Those with capital do not wish to add further good capital into such a system.

Richard Brawn

CONTACT INFORMATION
Richard K. Brawn, CCGA, MPA
Petaluma, CA USA
Email
California Certified General Appraiser (CCGA)
Master Public Administration (MPA)

The opinions of FSU contributors do not necessarily reflect those of Financial Sense.