THIS IS MY 133RD BLOG ON UNDERSTANDING MONEY
TOOLS
July, 2018
As I start writing this blog on July 3, 2018 I thought it
all-important to cover “America”.
I will do this in several blogs, as one could write a book off my
thoughts, and that may not constitute the definition of a “blog”. I have been saving facts; what I deem
as pertinent and material, for some time.
I need to set some parameters here. First, let it be known that I am a
realist, a pragmatist, a conservative and yet a socialist. I believe in totalitarianism as long as
a country or government has a benevolent person on top who reigns
autocratically. As with many of my
statements or facts you should be prepared to go to my previous blogs at understandingmoneytools.blogspot.com.
I also am a firm believer that no form of government in
today’s world has succeeded because of greed and dishonesty and that stands for
capitalism, socialism and communism.
With my blogs on America I will state things that are subjective,
hopefully accurate facts. I am
expecting no conclusions, only that you digest what I have written and “you”
determine your own conclusions.
Perhaps it is to get the reader to think!
Tomorrow will be Independence Day, what we call July 4th. I watched a “take down” on this in the
past couple of days where people on the street were asked what it meant. Of course, and edited, we saw the
intelligence of “America”. We are
breeding “dolts”/”idiots” and it is hard to think otherwise. Perhaps today’s schooling is to teach
technology, but you can’t live on
technology alone. Too many
mistakes have been made from politicians, including the presidents and
advisors, making the wrong calls because they lacked the knowledge of history,
and history repeats. In my mind
the elimination of subjects like English, history, geography, art appreciation,
classic literature, sociology and others is a major mistake.
So much for this verbiage, let’s begin. “America”. Let’s test your history smarts. What does July 4th, “independence day” stand for?
It is the day we declared to stand
for the colonies independence from England. Who was the actual president on July 4th,
1776? John Hancock, a signer on
the Declaration of Independence. He was president from 1775 to 1777. Who was the very first president of the
First Continental Congress? Payton
Randolph, starting in 1774. Were
there presidents before George Washington? Yes, about 14!
When did President George Washington become president? April 30th, 1789 when the
first 13 colonies got their act together.
John Adams was Vice-President.
Many people call John Hanson our first president? When? He was president of the First Continental Congress in 1781
and accomplished many things.
Were these well-known first Americans great, kind men, as
pictured in our school storybooks?
No. They were for the most
part fairly wealthy land owners wanting to avoid high taxes in England. Many owned slaves who were considered
assets, not with any human rights.
Were the original colonists nice to the Indians? No. If you think about it, these English
settlers were immigrants taking over another person’s land.
One reason I recap history is to show you two things. One, when we were taught history in
school it was not accurate. (I
will continue in these blogs along lines of inaccuracies.) Point two I want to make is that almost
all Americans are ill informed, not carrying and “dolts”! As I have traveled quite a bit of the
world it continues to amaze me that people in other countries have more
knowledge about America than the people who live here.
After the Revolutionary War against England and our
independence declared we were broke like after most of our wars. Financially the French came to our
rescue. Advance forward a couple
hundred years and the French pushed on debt we owed them in 1971. After World War II we entered into a
financial agreement with western nations known as the Bretton Woods
Agreement. On August 15th,
1971 President Richard Nixon cancelled this agreement unilaterally and took us
off the gold standard in relationship to international finance and
exchange. We became a “de facto”
freely floating exchange known as a “fiat currency”. (May you have faith in our abilities to conduct business and
pay our debts….including bonds.)
Big mistake, but wars and debt (at that time Viet Nam) will take a
country down this path.
Enough for this one blog. We will continue on “America” in our next blogs. My intent here is to instill some facts
that should be known by all, and peak your interest in history and knowledge.
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