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Monday, March 21, 2011

Bikers Make Sense

The other day, we were driving down the road when a funeral procession came down the road.  Of course, to show respect, we stopped the motor vehicle.  This was no ordinary funeral procession.  It was amazing.  Bikers abounded everywhere flying the American Flag as well as others.  A spirit of patriotism permeated the air as goose bumps bring you to realize that this is happening.  This was recognition of a fallen hero being laid to rest by the Patriot Riders

An all volunteer organization, the Patriot Guard Riders attend funeral services of Fallen Heroes as invited guests of the family members.  Their goal is to show sincere respect and shield  the mourning family from interruptions by potential protesters.  I applaud their efforts because, even with the freedom of speech in this country, there are certain events that should remain untouched by rude political agendas.  Honoring those who fought for our country, whether you agree or not, is admirable and is not done enough by our community. 

Another biker that is unconventional yet brings light on the financial arena is Jim Rogers, author of Investment Biker.  In an interesting interview with Breakout when asked for his opinion on the Federal Reserve, he commented that closing down the Federal Reserve makes sense to him.  Some are puzzled by the Federal Reserve's decision to make crisis loans to Wall Street.  Others are concerned for the US Banking system and in particular the small to medium sized banks.  Small banks and the Federal Reserve are a legitimate concern as Fed Funds Rate remains low such that any change could send some of these institutions to close their doors.

I believe that Rogers and other financial experts are making an interesting call regarding a pullback in the markets.  It makes sense with the recent run-up. 

While there is no need for Patriot Riders to assist these small banks who represent the backbone of the US banking system, there is a silent cry for the slow growing demise of capitalism in this country.  The world financial markets need the US dollar to remain strong, and in order to do so, capitalism must prevail.  A credit inflation that commenced in the 1960s is of concern to financial writers such as John Mason on Seeking Alpha and is likely mounting given world and economic circumstances today.

What do bikers make sense of?

First, honoring fallen heroes, their families and communities.  Like these small banks that are dying, it is time to raise awareness as Jim Rogers and other financial experts are doing. 

Second, shielding those from groups of protestors.  In this day and age, the liberals dominate the media and the conservatives dominate air radio.  No one person can determine the difference between what is appropriate or not.  Capitalism is struggling to survive when socialism is being supported.  Watching the Federal Reserve is key. Perhaps a credit inflation is to occur and very soon.  Therefore, each person should determine a financial way to shield themselves from the oncoming inevitable regarding monetary policy in this country. 

Bikers make sense.  I've always thought that they were cool.  Bikers look cool as you pass them on the road or highway lane.  Yet, these bikers also know that they are taking risks and are okay with them.  That takes guts especially when most folks aren't willing to step out and do something even if it is for the right reasons.

Copyrighted 2011 by Stephanie Arredondo

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