2010 New Year’s Day Post Party: Bank Run

I have decide late this year on a real NYE resolution. I had one which I have been fulfilling little by little through blog posts and simply talking to people – It was to write more – with more meaning, purpose and clear motivations. I must understand myself and the world around me to truly write something worth reading – the best way I know to attain understanding of anything is to engage directly, critically, and progressively; develop opinions, disprove old theories (internal and external), and initiate ethical reasoning – I accept and broadcast information (through speech, writing, video, or any media) pertaining to the issues in which truth is justly sought for communal progress. Writing practice proves to not only facilitate improvement of writing itself but also speaking – and writing improves comprehension of spoken and written thought.

Writing practice in the early days of 2009 has been influenced by world events too sublime to realize. Clarity can come from comparison to the incomparable. What is the value of my wealth compared to the debt realized by recent U.S. ‘bailouts’ and ’stimuli’? I can’t actually say because I don’t really know how to find out how much new money the U.S. has created in the past few months for various reasons. What I do know is that I would rather have the love of my 20lb cat that’s laying upside down on my lap right now impeding my typing progress than all the 7 trillion dollars being printed by the Federal Reserve. I know that the true value of my wealth includes love which cannot be compared to money – the value of money is dwarfed even by the love of my obese feline. The value of money is also likely to be highly deflated due to new creation of new money – or is it, some think money will be inflated worldwide. Either way money will be exposed as having little value of any sort.

My 2009 New Years Resolution is to take all my money out of the bank on the first banking day of 2010 – Unless major banking reform or transparency is established. I know that money represents debt – And I think it is unethical for me to burden The Great Bank Of America with my debt. Perhaps I will even find a way to use my debt to create 9 or 10 times as much money in loans to people just like banks in the fractional reserve banking system can – although I will not likely be recognized by the Federal Reserve as a bank. Perhaps I can become a corporation in 2010 – thats a whole other resolution to talk about. This resolution is about my faith in the monetary system in the U.S. and about the potential influence We The People can have on the state of our union and our world. What would a run on the bank mean to the U.S. ?

NYE 2010 Run On The Bank Ultimatum – Gimme my money you crooks.