by Jimmy Flatbush

Created on: July 26, 2011

The economic malaise, intervention into the affairs of foreign nations, and the perpetuation of a financial system built on phony credit, have all coalesced to place the United States on the brink of insolvency. Sprinkle the debate over raising the debt ceiling into this volatile mixture and Americans may soon take to the streets in numbers that surpass the protests that occurred during the Vietnam War. Greece was just a warm up act for a nation fast losing its position as the number one country in the world.

President Barack Obama has taken heat from alternative media sources and members of both political parties, and for good reason. Despite claiming that he inherited the current mess from his predecessor, George W. Bush, the economy has fallen deeper into the abyss because of Obama administration policies. Nonetheless, America’s descent began long ago, before Barack Obama took to the streets of south side Chicago, before the current President lost the gleam in his eye and the black of his hair. We can sit around the dinner table all day and blame Obama for America’s woes, yet very few of us offer the cogent solutions necessary to turn around the decades of lies and looting conducted by our leaders of government and industry. Very few of us have the answer to, “What would you do if you were President?”

The model for executing cogent strategies comes from John F. Kennedy. It was Kennedy, with a hint of naiveté, who wanted to unravel some the entrenched institutions that have placed America in its current quandary. We all know how Kennedy’s legacy ended: on the blood stained streets of Dallas, Texas. If we are to not only reverse America’s slide and reestablish it as the eminent country of the world, we must make the hard choices that, until now, none of us have wanted to make.

Eliminate the Fed

The Federal Reserve System, established by a few financial scions under the darkness of night, has shaken the United States to its financial core. A financial system predicated on computer keystrokes and spreadsheets ignites wild swings in the economic cycle. America has seen at least four manic boom and bust cycles since Congress created the Fed in 1916. The President must sign an Executive Order that makes the Fed a relic that one day, our grandchildren will observe with bemusement through the glass windows of the Smithsonian Instruction. The President should then reestablish a money system backed by specie, or in layman’s

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