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
Financial perspective on modern life in America from a military spouse's perspective Disclaimer: This web site page is the opinion of the person writing it, and any financial decisions made as a result does not make the writer liable for any action taken. Please consult your personal financial advisor for more information.
Popular Posts
-
Stores offering military discounts...It's important to show them your valid military ID. From Brad's list A&W – Discount var...
-
According to Rick Maze of the Military Times, military service members and certain civilian personnel will report for duty even though there...
-
This article was published on Wives of Faith web page and was written by Stephanie Arredondo. “Honor the Lord with your wealth and with...
-
Alfa Sugar is the WWII military phonetic alphabet representing myself. My name is Stephanie Arredondo or Arredondo, Stephanie aka Alfa Sugar...
-
Final Question for the Wives of Faith Blog Carnival Why do I love being a military spouse when it is not exactly the life that I wanted t...
-
Accentuate the positiveand describe your best military wive Hoooah moment! My husband’s Guard unit was returning from Iraq. It had been a...
-
Some creative writing below where bird and military spouse parallel one another. The Wives of Faith Blog Carnival topic is to post a pic...
-
Military families as well as federal employees have a new opportunity this season to pay cash (not debt) for Christmas. eLayaway is an onl...
-
For disabled veterans and those who have served our country, there is new information relating to the Concurrent Retirement and Disability P...
-
Ever seem like there is never enough time to get it all done? If you answer no, then you need to reassess yourself and see if you can be ch...
Monday, March 21, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment