Ponziomics July 25, 2011
****The sooner Glass – Steagal ala Marcy Kaptur’s bill or similar comes about the better. We need to negotiate a fixed exchange rate mechanism between states. There is too much investment finance pirate money flowing along the economic arteries. Apparently last week there was a huge 7bps short attack on Italy leading to its crisis. European politicians should be preparing to tackle the fiscal problems of member states as well as tackling the fiscal problems behind the world’s fiat monetary system evident since 2008.
****What is happeneing here is not a European Problem. It is the breakdown of the current form of capitalism we now have. The balance has swung way too much from the citizens of the world to the markets and funds etc. The speed information now flows gives the players an even bigger advantage now than owning the money did alone in the past. They now have the buying power and the control of info and the ability to move faster than governments. But the current model always needed the ordinary consumer to be active at the bottom of the food chain. Have they now been too greedy and taken too much out that the consumer or citizen is now hurting too much to play their role? The government here mentions the markets more than the citizens. No matter what ism you associate with that is wrong.
Debt – Money Scam July 18, 2011
‘In retrospect, the disturbed reaction of the Venetians was not without cause. For when paper money was later issued in the West, it was to assume a far more sinister guise—no longer was money a savings-based instrument of exchange as it had been throughout human history. In the West, paper money was to become an integral part of a scheme to profit by the spread of debt, i.e. usury.’……/
SYNERGY July 14, 2011
We must be mindful of our current trajectory and the fragility of the moment in history that we now occupy. It may be argued that science and technology have already outrun our morality and we are on an inevitable path to extinction. Indeed, in 1966, Carl Sagan and Boris Shklovskii suggested that technological civilizations will tend to either destroy themselves within a century of developing interstellar communicative capability or master their self-destructive tendencies and survive for billion-year timescales. The time in which we find ourselves is certainly full of unique challenges, but there has always been struggle when facing new paradigms—it’s how we deal with these upheavals that matters. As my dear friend Marshall McLuhan noted: “It is how we perceive [cataclysmic changes] and react to them that will determine their ultimate psychic and social consequences. If we refuse to see them at all, we will become their servants. It’s inevitable that the world-pool of electronic information movement will toss us all about like corks on a stormy sea, but if we keep our cool during the descent into the maelstrom, studying the process as it happens to us and what we can do about it, we can come through.” I believe we can influence events. Yes, there are powerful forces that can determine the direction of the future, but I truly believe the future doesn’t happen only passively and inevitably. The future is CREATED—it is imagined and realized by visionaries who work and sacrifice for it.“There are some people who live in a dream world, and there are some who face reality—and then there are those who turn one into the other.” –Douglas Everett So let’s become entangled in empathy, absorbed in altruism, deified through diversity, and cajoled into cooperation. Let’s coalesce reason, knowledge, logic, data, metrics, intuition, passion, romance, poetry into a single note, and sing it in the key of synergy. It will be these qualities, and more, that will help us take the next perilous step into the journey of our collective destiny, allowing us to gaze into the mirror of naked self-truth and know that we can be wonderful.