Anger - Taking Back Our Nations and Financial Markets

The blog this Sunday evening includes "part one" of a needed academic interlude that will be continued. For those learned and impatient technical analysts, we have also included a weekly SP500 chart.

In many ways, weekly charts are far more powerful than daily or hourly charts. Not only do they have fewer bars, and therefore less noise, they also show the bigger more powerful trends. As usual, we have placed a few educational comments on the chart.

We have already told you in many ways that November will be far different than October or September, as changes are both imminent and more importantly, will also come later in the month. Are you ready?

We will be back again tomorrow as time permits. Enjoy.

Righteous Justice – An Anger To Bring About Needed Change

So, I want you to get up now,

I want all of you to get up out of your chairs,

I want you to get up now, and go to your window,

Open it, stick your head out and yell,

I’ am as mad as hell and I am not going to take this anymore…

Near the eve of the USA mid-term elections and before one intellectually considers topics such as political or financial reform, or for that matter, the greater good for America, it is necessary to first comprehend a few basic principles of change and reform.

As I write the blog today from a Canadian perspective, there is a noticeable growing anti-government movement taking place all around the world.

Some conservative, uninformed, or indifferent types might respond; so what?

But anyone with eyes or ears must ask; is this mere political activism, a financial canary in a coal mine, or is something far greater at work here?

Clearly political reform has come and gone too many times to count over the ages, as kings, warlords, and politicians were overthrown – usually with cause.

Beyond the growing global political unrest, after the recent sub-prime crisis, there is a parallel public perception of financial injustices as being carried out in America and elsewhere around the globe. This too will be our next topic.

After all, riots and mass angry demonstrations have happened for economic and political reasons in France, Iceland, Greece, the USA, and more countries than can be listed here. Why?

My academic supposition is that people around the world are largely fed up with political leaders that do not listen, fail to act for the people, have watched political leaders grow rich using public coffers, seen abuse of political power, or worse, observed politicians becoming non-transparent, corrupt, and fully untrustworthy.

Is the world going mad? Are politicians growing increasingly evil? How much should any society take?

Perhaps the greatest mistake egotistical blind-sighted politicians make in their ascent to power, is failing to realize their higher duty to the people whom they serve. All too often politicians go back on promises made, or become outright liars instead of serving the higher cause of integrity, fairness, freedom, democracy, the application of law and liberty for all.

When one is paid to act as a so-called civil servant, or as any leader, one carries a distinct fiduciary duty to serve those they oversee.

So, the distasteful causes cited above when proven, and too many other illicit examples to list are indeed nefarious, or perhaps in some rarer cases even criminal in nature.

Citing criminality is a serious matter, yet by the exact definition treason is any grave act made deliberately against a sovereign nation. So frankly, politicians who act in a grave manner against their fiduciary duties could be considered guilty of treason.

So, is it time to take back our nations and put justice and fairness back into the financial markets? If so, how should it be done?

To a large extent, although we must also realize that politicians are sensitive humans too, as we just cited, when one is being paid for public trust and responsibility, and then looks away from their fiduciary duty, then naturally, any prudent man should say that politician or leader in question, fully deserves the full rage and growing movement of anger.

In short, I believe we are now living in an era of needed change. Citizens of many nations believe with cause that they can justify becoming outraged due to more lies and broken promises, more corruption, more convoluted laws and wrongful taxes being imposed on them. What they are demanding is real change.

Equally at the same time, people are determining their leaders and governments are less transparent while they have received less liberty, less freedom, and less fairness than ever before.

So, what does this imply for the future or should we even care? What does change and uncertainty do to financial markets?

Frankly, an academic or intellectual take on all of this outrage is extremely positive, and goes back to the bible and early times when morality and ethics were initially being hammered our by ancient civilizations for their own safety, co-operation and survival.

The essence of change that is long overdue, or badly needed, for proper and deserved cause is all about first creating an anger to demand change. The change we are discussing is found in the definition of righteous justice, dating back to the bible.

Yes, our planet is undergoing some well deserved overhauls and needed change. So when does change occur? Is there a cyclical pattern to such change? What is the obvious answer?

Studies show that people in groups only bring about the needed change when there is enough demand within that group, or nation, or democracy, to get up and become mad, or at least passionate enough to demand that changes be made.

In essence, when Man stops being complacent, or lazy, and gets mad enough or motivated enough to do something about it – change will occur, but not before. What world citizens are now expressing is nothing wrong or distasteful. Frankly, what we are witnessing is all about righteous anger.

Anger in this case, is stated in a positive way and is the anger that motivates us to evolve and change to the next level.

Click the link below and watch the short clip from a famous Hollywood movie. Now consider, this was taken in approximately the mid 1970's.

Finally, study the chart below and ask yourself what financial markets usually do in times of uncertainty and change? How did USA financial markets perform in the 1970's (the era that created the word - stagflation) when this famous movie was created?


Click here (or the picture above) to watch a highly recommended five minute video. Note that this was filmed 34 Years Ago

Sincerely,

James Kelly Sr.,
Editor in Chief, BBTL Blog
www.KRTT.com
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