Will Obama use “The Secret” to fix the economy?

May 8, 2009

So Barack Obama has apparently been reading a book called Animal Spirits by Robert Shiller, about how human psychology affects economics. And according to this propaganda piece from the Financial Times, this book has inspired Obama to approach the economic issues wholly psychologically. Just as The Secret teaches that you can create personal wealth and success just by thinking positively, Obama is going to try to do the same thing on a macroeconomic scale.

Of course, as I wrote in my book Solomon’s Treasure, the value of money, and thus the health of an economy, does indeed rest solely on people’s belief in it. This is true even more so now that our money is pure fiat currency, with no precious metal backing it, and no direct relationship to the value of gold. I compared the modern fiat monetary system with the process of alchemy. Turning lead into gold is like turning paper into money, and the Universal Agent or Philosopher’s Stone that makes that transformation possible is human belief. It works both in the economy as a whole, and in one’s personal finances as well, as The Secret purports.

But anyone who has ever tried to utilize The Secret in their personal life will tell you that it’s not so simple. Positive thinking helps power the actions you take to solve your economic problems, and improves your likelihood of success. But just sitting around meditating on wealth does not manifest it out of thin air, and it is suicidal to ignore major economic problems in your life, hoping that they will go away if you pretend they aren’t there.

The same holds true for our economy as a whole. The President, Bernake, and Geithner are trying to reinflate the bubble that this fake economy has been riding on for decades, with the belief that, if we can just get the consumer confidence index up, people will buy more stuff, and everything can get going again. People will start buying cars and homes and going on vacation and everything else, if he can just inspire them to feel good about the economy. So Obama, Bernake and Geither have now decided to just “declare”, by fiat, that the economic recovery has begun. As the FT article states:

Since mid-March President Barack Obama and his team have mounted a sophisticated effort to brighten those “ideas and feelings”, reassuring the nation with “glimmers of hope across the economy” and the assertion that “we’re starting to see progress”.

And of course, Bernake told Congress a couple of days that the economy had “reached the bottom.” I guess he would know, since he’s the one pulling the strings.

Even the Financial Times itself seems to be doing a psyop on its readers in this article, trying to convince us that Barack Obama’s positive thinking campaign is actually working to fix the economy. Their evidence for this? Google search results.

Since then Americans have been hearing a decidedly more optimistic vibe from Washington. It has seemed to work. A Google search for the term “economic recovery” turned up 6,991 references to the term in January and 7,831 in February. In the first week of May the phrase occurred 24,443 times.

So because the term “economic recovery” is used in an increasing number of blog posts, that means there actually is an economic recovery? I’ve used the the term several times in this article, but that doesn’t mean I’ve drunk the Kool-Aid on this. And of course the longer a term stays in use, the more it is going to be repeated on various websites, including websites that are just automatic clones of other websites made by robots. The science of counting Google searches is also partially what led to prediction that this swine flu outbreak would wipe out civilization, when it has so far only killed a couple dozen people.

In reality, the millions of people without income who have lost their jobs are not going to be able to buy houses and cars, no matter how upbeat their attitude is. And the millions of people who have had their credit ruined by this economy aren’t going to be able to buy them either, unless the prices of houses and cars are allowed to fall to the point where people can actually afford to pay for them outright instead of taking out a loan. I believe that the “real” price of these things, underneath the fake bubble, would indeed drop to something affordable if the government would stop propping these industries up.

But that’s not the kind of economic recovery Our Masters want. Because it’s not so important that we actually have houses and cars. They couldn’t care less about that, which is why the government is financing programs to buy up and destroy used cars, so that people are forced to buy new ones, and to bulldoze foreclosed homes, to increase the value of other housing overall. It’s not about the house or the car. It’s about getting us to take out loans for houses and cars.

The banks, who are in control of this government and this fake “economic recovery,” don’t care if we can actually afford to buy these things. What matters is making loans, because every loan is the creation of money (debt) out of nothing, which they can then resell to other financial institutions, who will in turn make more money out of nothing by selling derivatives and insurance based on that loan. And if you can’t afford to pay your loan off, so much the better. Then they can repossess your house or car, sell it to someone else, and start the process all over again. You’re out all the money you paid into the loan, and you have no house or car, and now your credit’s ruined, so you can never have a house or a car again, and you can’t even rent an apartment most places, and you will be discriminated against when you apply for a job. But they got what they wanted, so they’re happy.

Positive thinking CAN help save this economy, but only in conjunction with positive actions. We need monetary reform. I’m not suggesting the total rigidity of a purely gold-backed system, or the total end to fractional reserve lending. But we do need to increase the banks’ reserve ratios dramatically in my opinion, More importantly, we need for there to be some relationship between the money we use and the value of gold.

Since the creation of the Federal Reserve in 1913, the dollar has declined in value to be worth roughly 1 percent of what it was at that time. A big blow to the value of the dollar occurred in the 30s when during the Roosevelt administration the dollar was taken off of the gold standard, so that he could expand the money supply to pay for spending programs to try to stimulate the depressed economy. Yet there was still an implicit relationship between the dollar and gold, called the “gold window,” which allowed banks holding American dollars throughout the world to exchange those dollars for gold at any time. But during the Nixon administration the gold window was closed. It was after this devastating move that the majority of the dollar’s value has been lost.

In my opinion, the only way to bolster our money would be to bring it back into a relationship with gold. Just a little bit of gold backing could go a long way. Once again, I come back to the metaphor of alchemy. According to many of the alchemists of the past, a tiny “mustard seed” of real gold is used, which is multiplied through the alchemical process, like Christ multiplying the loaves and fishes. As Masonic scholar Albert Pike wrote on the topic of alchemy in his book Morals and Dogma:

…to make gold, we must first have gold. Nothing is made out of nothing; we do not absolutely create wealth; we increase and multiply it.

I believe that with a tiny mustard seed of gold backing, we could begin to stabilize the value of our money. That is the FIRST STEP of any economic recovery. Then we can look into further reform of monetary policy and banking regulations, and also work towards bringing back our manufacturing base. But before we even bother trying to “create or save” jobs, we have to make sure that money those workers are paid is actually worth something.

Tracy R. Twyman is the author of:

Solomon’s Treasure: The Magic and Mystery of America’s Money

The Merovingian Mythos and the Mystery of Rennes-le-Chateau

The Arcadian Mystique: The Best of Dagobert’s Revenge Magazine

Mind-Controlled Sex Slaves and the CIA.

She is the Editor-in-Chief at Quintessential Publications, the former Editor of Dagobert’s Revenge Magazine, and the former host of the Plus Ultra radio show/podcast

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14 Responses to Will Obama use “The Secret” to fix the economy?

  1. Robert Padick on May 9, 2009 at 11:08 am

    Perhaps he should read the Constitution instead of this book. It has more in it about what the president should and shouldn’t do. And it will be a win for the American people.

  2. wermyapl on May 9, 2009 at 12:05 pm

    Obama is a constitutional lawyer so he should know it well. Unfortunately he seems to use that knowledge to circumvent rather than to defend.

  3. blackdog on May 9, 2009 at 12:20 pm

    What ever gave anyone the idea that our marxist muslim president would do anything to bring prosperity to the nation. His life long ambition is to destroy the constitution and establish a communist state in its place. Fools voted for him, fools will have to deal with his disasters just like the rest of us.

  4. wermyapl on May 9, 2009 at 1:31 pm

    More like a fascist state blackdog. The difference is that under communism the government outright owns and runs businesses, under fascism businesses are mostly privately owned but socially controlled through regulation and intimidation.

    If Obama was a communist, then banks and auto companies would be outright nationalized and all control as well as ownership and profits would belong to the government. A fascist simply takes over control with threats, like forcing B of A to buy Merrill Lynch for way more than it was worth. Or, when ACORN cronies were sent out to protest the AIG execs over the bonuses. They are literally the brown shirts.

  5. George Richard Wilkes on May 10, 2009 at 2:01 am

    I’ve never owned a house, and it bothers me — and the article alludes to this situation — that MY taxes are being used to help keep the price of local houses (I live in the Los Angeles area) out of my own reach.

    Let’s get this straight: My money is taken away, partly to be make it more likely — in fact, probably certain, for now - that I can’t afford to buy a house in my area. How is that fair?

  6. Josh on May 10, 2009 at 6:27 am

    The Obama Deception is a hard-hitting film that completely destroys the myth that Barack Obama is working for the best interests of the American people and the world. goto Google video


  7. C. Cynic on May 10, 2009 at 6:54 am

    Obama was elected because there was no one running against him! At least we know he is a socialist and a bleeding heart liberal, which makes him predictible. Can you imagine trying to predict what McCain would do?

  8. Scott Houdek on May 10, 2009 at 8:19 am

    if you are thinking about the positive think about this, only thing that will destroy the “Economy” is when the “Oil” prices start to rise out of control because of war somewhere else.
    yes, i know it’s hard to get away from “OIL”, sure it would be to have alternative forms of energy, but we as a “Planet” have to be “stuck in the muck” is OIL!
    Kermit the Frog: “it’s not easy being GREEN!”

  9. Greg on May 10, 2009 at 10:56 am

    This is in response to … C. Cynic
    May 10, 2009 at 6:54 am
    “Obama was elected because there was no one running against him!…”

    You are mistaken, Dr. Ron Paul was running on the republican ticket, he was wining hands down almost all if not all the debates with the other repub candidates. Dr. Ron Paul had a huge diverse cross section of supporters, young, old, race, etc., etc. Because he believed in the Constitution, no Fed Res, back on gold standard, stop USA interfering in all of the worlds/countries business we should not. Pro gun, Christian but not fanatic, he to me, is one of the last TRUE PATRIOTS… It’s just that the liberal major media brainwashing campaign would not give him any coverage and that included the so called conservative ‘FOX’… The last real President was JFK, as Ron Paul, JFK had same ideas and look what they did to him! Ever since, the presidents office has been a scam for the NWO, big business, banks, military industrial complex and more..
    There is no republicans vs democrats, they are all on the same side, global elite. They are running our country into the ground for their benefit. We need to go back to what our ‘Founding Fathers’ did.
    However, all of what is and has been going on are right in Biblical prophecies…

  10. I love your Book! on May 10, 2009 at 1:59 pm

    I love your book!

  11. H.G. on May 10, 2009 at 9:29 pm

    Gregg,.. is right The NWO is running the show the bible is right prophecies being fulfilled Obama doesnt wanna get us on the right track he is doing what he is told , you watch ,..

  12. AG on May 10, 2009 at 11:35 pm

    Barack has stableized an economy that was in worse condition than FDR had to deal with. He saved us from the greatest depression of all time. He brought peace into this world by stableizing the middle east and now the whole world respects us again. I believe we need to do away with the 2 term limit for president as we did during FDR’s presidency because Barack should be president for 20-30 years if he wants

  13. Tracy R Twyman on May 10, 2009 at 11:56 pm

    Wow! I didn’t realize that Obama had brought peace to the Middle East! That must be why we’re invading Pakistan and sending more troops to Afghanistan and Iraq! That must be why Israel is mobilizing to attack Iran! I didn’t realize that the “whole world respects us again”! That must be why China cut off our credit and is openly, actively trying to kill off the US dollar. I didn’t realize that we “did away” with a term limit for Presidents just to make an exception for FDR because he was such a great guy. I thought we created term limits after FDR’s presidency because the majority of people felt that he had been in office too long.

    But there I go again, talking about reality and historical facts instead of just letting my love for our Glorious Leader define the truth.

  14. tame smith on May 11, 2009 at 7:25 pm

    I spoke to you, this sat. on Puntet’s shown.
    Again I’m very impressed by your knowledge of the (issue), and how you discribe the greatest fraud in human history-next to org. religion. Again Inflation is hot-air and price fixing-and a con.
    Thank you.

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