One can even be proud of being ready to accept new challenges.

In the following, I will quote some passages taken from MMA Comments for the Week Beginning November 14, 2011 which I think to be of concern principally and far beyond the time slot of the next week.

Causes of whatever are generally much more complex than aired in news or in theories.

 The dark cloud hanging over everything we do today …

Everything is headed into that “form- shifting” vortex, especially those things which relate to the 4 D’s: debt, deficits, downgrade, and default.

Last week Jefferson County, Alabama filed for the largest municipal bankruptcy in the history of the United States over a failed sewage deal.

Many leaders will be forced to step down due to their inability to handle their nation’s finances well, grant freedoms and opportunities being demanded by the masses, or else they risk being removed more forcefully under a revolutionary obsession to “tear down and get rid of the rot.”

Genereally, the incapable leaders get accused, punished and often executed without considering who has made them leaders and why nobody realized in time those to be incompetent and unable to cope. This reaction is a very archaic and barbarian one and useless at any rate.

A make-believe discussion between President Barack Obama and Federal Reserve Board Chairman Ben Bernanke on how the USA might really get a handle on its ballooning debt crisis.

So, after asking the Federal Reserve Bank to take a 50% “haircut” on the U.S. Treasuries it holds – similar to what European leaders asked of its largest banks in order to tackle their monstrous debt crisis - Big Ben replies to B.O.:

“Mr. President, I will raise you one higher. We will forgive the USA all of the $3T (or more) USA debt we have on our books if, in exchange, you and Congress agree to do what I have been requesting for the past two years. That is, be more responsible on your fiscal policy.

Specifically, create a budget - your first budget since taking office nearly three years ago!

Not only that, but create a balanced budget. Otherwise you will just fall into the same trap and things will be worse in just three years.

At the rate of $1T+ budget deficits each year since you’ve been in office, the $3T loan we forgive will mean nothing in less than three years. The country’s debt will be right back to where it is today.

On the other hand, if we forgive the $3T we lent you from money we created out (and charged you for), and at the same time you actually show fiscal responsibility and produce a balanced budget, then we can reverse this trend and start a new healthy momentum that will lead the USA – and the world – into a much more positive financial direction. We can solve this debt crisis right now.”

“But Ben,” say B.O., “I can’t do that unless I can raise the taxes on those millionaires and billionaires that make $250K per year. And the Republicans won’t let me do it! How can I create a balanced budget if I can’t raise revenues by taxing the rich?”

Big Ben thinks about this for about 5 seconds, because it is not a particularly hard question to answer when you understand finances.

“Sir,” says Ben, “First of all you really must learn to count. After all, numbers mean something.

An income of $250K does not a billionaire - let alone a millionaire - make.

When you mangle numbers like that, it destroys your credibility as a serious negotiator.

Second of all, you don’t negotiate by making non-negotiable demands. You make an offer that actually takes into account what the other side wants.

You want to tax rich, and the rich don’t want to pay taxes to a government that it sees as wasteful and fiscally irresponsible.

Offer these high income earners a deal.

They want a government that is financially responsible.

You want taxes to help solve the debt crisis.

Offer them this: if I (the President and Congress) promise to create a balanced budget, and the Federal Reserve Board agrees to forgive the USA debt it holds on its books, would you (the high income earners of say $200K or more) agree to a modest income tax hike as I suggest?

And use the word ‘suggest,’ and don’t ‘demand,’ or ‘threaten to veto if you don’t give me what I want.’

Stay away from those intractable statements when you negotiate, B.O.

That’s how Clinton and Reagan got things done. They negotiated. They made deals that gave the other side something it wanted.

The thing is, I believe the American taxpayer would be willing to pay their ‘fair share’ if they believed you were committed to financial sensibility and not spend more for programs than you cannot afford.

Everyone wants to help this country. But you have to demonstrate that you and Congress are also willing to get America back on a sound financial path – which this deal would do.

Get your finances straightened out, get the support of the American people behind you by believing you are sincere in wanting to solve this problem, and then see what you can afford.

Don’t go on these over-the-top spending sprees until you know where you stand.

And don’t continue with this ridiculous mantra that we have to spend more (and tax more) in order to cut our deficit.

You know, put the horse in front of the cart, not the other way around.”

Experiences from History

Of course there is an underlying geocosmic reason why the Fed chair might want this to happen.

With Uranus and Pluto coming into their waxing square in 2012-2015, history shows that mass protests against both governments and banks occur, and in many cases these protest movements have turned from demands for more equality and opportunities into mobs and riots that unleashed destruction.

Banks have been burnt down and bankers have been executed under similar aspects in the past.

Big Ben is no fool and he knows his history, and most likely he wants the central bank of the United States to survive.

But he can see the writing on the walls and where these protests of today are headed, and it doesn’t look good for banks.

The Fed is going to have a hard time surviving this decade if the class warfare rhetoric leads to social uprisings, as bankers (a profession ruled by Pluto) are increasingly cast into the drama as a huge part of the problem.

Generally and globally any form of political or other power legitimized by a function it has to accmplish has to step down from the podest of superiority and autoritarian commanding and find a level of equality and respect in communication with contemporarians.