Monday, January 26, 2009

Bush's Legacy

Okay, but why is a mass change of consciousness inevitable?
It is my conviction that the evolution of human consciousness is an on-going event.

What present factors determine this?

Everything in our present behavior underlines our immaturity. Promiscuity, divorce, gambling with the market, fast cars, fast women, playing nuclear roulette. It goes go on and on. It is inevitable that we will and must grow up and achieve a more responsible attitude of adulthood.

How do they interrelate?

Some 200 million westerners HAVE grown up. They are no longer anchored on narrow national aims and religious bigotry. They are responsible parents. They are ontologists, globalists - looking down the road for a more sustainable human contract.

How can the poorest of us (in the entire world) get any poorer? They are subsistence, now.


The very poorest on the planet are already starving to death. The advanced nations are now on the line. Unemployment is projected by some economists to reach 15%. Under-employment will go over 30%.

10% verges on system collapse and we are almost there right now. The drain on everybody is exponential. We already have entire communities in the US who are at 25% unemployed. As all those millions of unemployed families start drawing on the system, for food, heath, shelter as they loose their homes and cars etc., the economic sunami will sweep over all of us. City economies are already failing. So are State economies. More and more thousands are joining the ranks of the needy every day. What is to stop it?

Even if Obama injects a one trillion dollar stimulus package each year over the next four years, all it will do is hold off the inevitable. The stark evolutionary fact is that capitalism has reached as far as it can go. It is at the end of its era of usefulness. It functioned very well in the era of nation building in an untapped New World milieu that fed itsef and the Old World. Those easy resources are now used up. Capitalism has no place in a global milieu. You cannot extract the necessary profits in order to sustain that ideology indefinitely. Just as we could not sustain a farm-based economy as our population exploded, so too can we not now sustain capitalist exploitation. We have to move to our next stage of evolutionary development. It has to be based on sustainable planet management. The New Age ethic is global stewardship - custodianship, not ownership and the vast waste of bureaucratic management, policing and armies that is required to sustain its artificial legality.

Our entire economic system is artificial. There is no real need for us to be in this dire situation. We have the brains, technology, resources, the need and tens of millions looking for and willing to work to affect a mass change of direction - but not the will. Our minds remain indoctrinated with the ideology that only money can change things. When in fact it is now the artificial barrier that is holding back everything. We have to train and focus our children in a new way

Not sure how one gets 10% as the number before the system collapses.

The US labor force is currently 138.5 million workers.
14 million workers and their dependent families out of work represents roughly one third of the population, needing food, shelter, health. No economic system can sustain that. The effect is two-fold. It does not benefit from their earnings and has to dip into its own reserves to keep them alive.
13% unemployed takes us over the edge. It is full system collapse

As an amateur economist, I know that
we have gone through 10% unemployment before.


Not for long and not with a population the size we have now.

Unemployment is not an leading indicator, it is a trailing indicator,
it tells us where we have been, not where we are or where we are going.


I does not matter how you want to look at it. We are dead in the water anyway.n.

Here is how I think recovery could happen.

In the second year of his presidency Obama will see that trillion dollar stimulus packages to not work.He will then have to completely ignore all concerns about deficits and go beyond just keeping the wolf from the door. It is possible at that stage, with enough people suffering, for him to declare an all-out sustainable war on poverty. He will get the Okay to go the whole hog. Print enough money to ensure 100% employment and put the entire country to work for the next decade in a complete make-over of the infrastructure and the way we do business.

The net worth of American assets is in the thousands of trillions of dollars. So borrowing hundreds of trillions on improvements to those assets will have a positive affect on the global economy and get everybody else doing the same thing. :QED

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