posted on Jul, 13 2010 @ 02:03 AM
Burrowing (credit) one's way out of a crisis is not a permanent solution. More so if the super rich continues to hoard their obscene sums of money
hidden away. Bernake can print all the notes it wants and devalue even the reserve currency dollar further.
But as it is the reserve currency, where every nation holds it, if affects no one's savings as they too simply follow the dollar's downward spiral.
The ones who are affected will be those who need raw resources, and it will be further inflated, costs passed on to the consumers till everyone
starves.
The problem is NOT the Feds, but sadly, our obscene mega rich. Together, they hold zillions of dollars, uncirculated. They may claim such money is non
existant, not liquid cash but tied to assets.
Figure this-they are rich because of their biz acumen. For ever dollar they put in assets, they expect $10 in return. Thus their money will always be
exponential.
Thing is, does a human needs that obscene amounts to survive? More so when there are billions starving today and more soon to starve while these rich
waddle and swim in trillions?
I am not calling for their heads or rob them of their wealth. The time has come for them to be awakened off their selfish money grabbing greedy ways
and share their wealth - not by charity or loose pocket change, but social developement on their own countrymen such Europe, US and espacially corrupt
China.
$30million per person oughta be enough to last one and his next few generations. $10 million for spending and $20 million in a trust fund generating
compound interest.
Some will say that amount is not enough, but does one needs caviar daily and a shiny convertible every 6mths while their own fellow human and
countrymen are starving?
They do deserve their wealth and hard work ( more like thanks to his workers), and everyone should aspire towards the magical $30 million figure.
None will stop work and live on handouts, as that dream will keep all on their toes to reach it and is within reach. Those who made it will then
retire, and others will take over their place with newer and better ideas.
There will no longer be a pyramidial single seat at the top, but a chance every human will get to occupy based upon his merits.
Any amount, espacially before such a scheme is implemented, should be released and redistributed back to the People.
The govt plays a role to, and must implement social developement schemes to elevate the lives of the People so that none gets left behind, in
education or in the economic field so long as one is prepare to sweat it out with honest labour.
There must be no more spending on the military. A trillion dollars and precious lives lost on both sides, yet the war on terror had not been won.
A mere $5million gift to a whistleblower helped nabbed a terror kingpin in Indonesia. What does that tells you on the more effective actions on 'war
on terror'? Trillion dollars to feed thousands of soldiers not doing productive labour, only to sacrifice their lives and to buy weapons of hate.
Nope. The military industrial complex seeks to wage wars to justify their priviledged existance using tax payers fund.
I do not call for the disbandment of the military industrial complex, for it does has it uses. If a trillion dollars are to be used, it would have
been better spent if we were to research and colonise habitable planets, with the military to secure the locations.
If a planet is as habitable as Earth, it will be filled by lifeforms. Make no mistake that it will be a paradise. There will be lifeforms that are
docile, as well as those that will harm human life with no negotiations such as animals.
It is such animals that will make the military necessary to protect humans. We kill only those that seek to harm us and let live those that let us
live.
We humans could have a better future if our directions are right, if not, at least for the necessary. To continue on as it is without change will only
doom ourselves.
Bernake had only touch on the superficial level of a more critical underlaying issue. That change must not only come from ourselves, but espacially
must come from our rich and powerful. They too, no matter what they had done, are fellow humans too, made of flesh and given the gift of life and
love.....