Denial of Risk and Peril!

Phase three of our discussion of how big corporations and government fall Is centered upon the "denial of risk and peril." The act of burying your head in the sand like an ostrich leaving your backside exposed. So many instances of this apply to today's situation, the one that comes to mind immediately is how Washington handles job creation and economic reports. Instead of admitting the jobs were either temporary or government positions, they ignore the stagnation of the private sector job creations and blow their own horns. A typical reaction to a economic growth report is jubilation, ignoring that any growth was falsely created by auto or home buying credits and is soon to self correct. It's the assumption by those in office that John Q Public is stupid enough not to see the facts, that should alert us to impending trouble.

Removing our monetary system from the gold standard is another act of denial. We've placed our entire economic system on the support of a fiat money base. One that is vulnerable to the whims of other nations economic stability. We can no longer stand as independent as we've remove the insurance our dollar is worthy, so politicians can print any amount of cash needed to finance our needs. Instead of presenting the taxpayer with a tax increase, they back door the process and simply print more, devaluing our economy. Not only is this denial, but generational theft, as it has to be repaid somewhere down the road, or our economy will collapse.

Another current "denial of risk and peril" looms over our national defense. Renaming and softening the description of our enemies is risk denial. They won't stop because you closed Gitmo, nor because you've decided to not call them radical extremists. Not calling their attacks Jihad, nor confronting the nations that finance such activities, is classic denial. The Clinton administration tried this philosophy and it led to the loss of the twin towers, the destruction of the Pentagon, and a major loss of life. Current denial has allowed the underwear bomber, the shootout at Fort Hood, and the Times Square bombing attempt. Denial of risk at our national security level will be fatal.

It's obvious to me that our country suffers from a bout of all three of these cancerous infections. If we were a corporation we'd need to call for a emergency board meeting to reconsider policy, and restructuring of our management. So by allowing this to continue are we not also suffering from "denial of risk and peril?"

God Bless!
Capt. Bill