News Analysis: Infamy Can Be Rewarded As Well As Fame; Has one’s Actions helped or has one Actions hurt others? A person’s Perception of Short Term Assistance may be another’s Perception of Long Term Grief. Does one look at an event close up or does one look at the event from a distance (so a Seriatim Value can be applied). For example, one can be standing adjacent to a roadway and think traffic is moving rapidly; a view from above in a helicopter may show serious vehicular collisions causing stoppages in both directions (since one’s Perspective has been enhanced).
Men and Women who are well experienced in International Commerce can see the Folly of the U.S. Federal Reserve’s (Fed) ‘”Money Geyser’ Printing Program” which continues today. The “Short Term” Relief provided by spurious Capital Creation causes the “Long Term” Pain of Capital Devaluation: Mere “Paper with Ink on It” (tangibly supported by NOTHING of Long Term Economic Value). Short Term Thinking by the ‘Fed’ many people state.
Compounding the ‘Fed’s’ Ignorance, the U.S. White House’s alleged $1.26 Trillion Dollar Funding Program had Monies allocated to Banks which were not attached with a Proviso that Banks MUST loan the funds to businesses for hiring of Employees. Instead, the Banks bought Treasury Instruments.
Today, American Unemployment remains Dismal at best. The White House brags about people being hired (Fast Food Hamburger Flippers or U.S. Transportation Security Administration hires); not high paying jobs.
The Fee charged by a Gentleman, some people may think, is being paid for past performance: This in long term influence on America’s questionable Economic Future in dealing with its current and future Multi-Trillion Dollar Debt.
Perspective: Is one living in America or living afar so the Economic Pain of Americans, now and in the future, is of little Concern. Some people enjoy watching others suffer.
Infamy can pay Handsomely.
Reality.
Reference: http://tinyurl.com/kj9yb2u