The problem facing the United States today is NOT money, it is confidence.  Now, Pres. Obama, Congress, and Wall Street may be lulled into the uninspired paradigm that GREEN is the answer: Throw money into the banking system, infrastructure, bailouts, … but this is NOT the answer.  There is no balance that may be regained between monetary and fiscal policies (though we all welcome Pres. Obama’s concession that reducing taxes is a better stimulant than most).  The answer to reviving the United States’ economy is CONFIDENCE.  The economy is consumer driven and faith based that tomorrow will be better than today.  As the nation backslaps itself proving to the world that we are not the racist nation everyone thought we were, there are more basic problems to economic recovery.  Pres. Obama, Congress, and Wall Street have a parallax view of the “REAL” American.  It is NOT that Americans need to come to the government and Wall Street to support them for recovery; the government and Wall Street need to become “REAL AMERICANS” themselves and come to us.

That means they must first realize that REAL Americans are “Red, White, & Blue” (Lynyrd Skynyrd) – Hair turning White in age, Red neck in simple ideals, and Blue in hard work.  There is NO GREEN in Red, White, & Blue so the answer is NOT GREEN – it is NOT merely a matter of throwing money into bailouts, infrastructure, and banks.  The problem that must be faced is the treat to the Union itself.  I hear the scoffing from here, I know it is incredulous, but it is true that until REAL AMERICA believes that the government and Wall Street reflect the viewpoints of REAL AMERICA there will be no recovery.  Without REAL AMERICA there is NO CONFIDENCE in the Union, no confidence in this consumer based economy, no vision of a better day – and without vision, the people perish, as goes the biblical saying.

In real terms, GREEN must never again become our national color – there is NO GREEN in Red, White, & Blue.  The government and Wall Street need to go to a Lynyrd Skynyrd concert and look around or at least buy the “Red, White, & Blue” record to begin to reflect Real Americans, that will begin to restore CONFIDENCE in the Union and economy.  Finally, the United States needs to abandon the GREEN-back and overturn the Federal Reserve Act (that has many other positive ramifications) deferring to a new single world currency and World Central Bank that is under the auspices of a NON-GOVERNMENT association like BASEL composed of experts in Financial Risk.  If BASEL had been in charge of Central Bank Policy worldwide this meltdown would not have occurred as it was evident to risk professionals long before the meltdown (since the Nikkei meltdown of 97/98) that the growth of derivatives represented a likely systematic shock.