Its been a long wait to communicate with you over vast stretches of land and sea. Survival is the issue here. When individuals or a group threatens another group, conflict will naturally develop. Everyone wants to survive and do its’ thing while there is space to do it. However, today the free space to do as we wish is very small and only available to just a few. Most are fighting over the same space, resource or idea. Just as your book Miss Annabelle, its like a fair tale story whereby most things turn out OK, but in reality, it is not so simple. I lot of blood, sweat and tears comes together to just survive. When individuals or groups try to change the Norm or Status Quo to something better or worst, there will be opposition to it – those for and against the move.
Having already spent much time to expand the Neothink Society to other parts of the World, the opposition gets bigger – not just one Senator but lots of invisible men and women.
IN Buddhism, even those for its’ SS to succeed and those against it is still mundane phenomena. To let go or be attached! While the GFC in US and Europe lingers on, without any real sign of abating – the debit crisis which has move sideways but not paid out is there in the background. Hence, the SS and other society are targeted. So, if the SS wants to move forward without or with less opposition, the problems that caused the GFC must be faced and dealt with by everyone on this Planet. The debt will not go away by sweeping it under the carpet – out of sight, out of mind mentality.
While the GFC continues, the current Norm is looking for scapegoats to blame all their financial woes. Mark, you are experiencing that scenario, but the SS will not be the only one. There will be others if the US deficit continues to grow. Recently, a writer predicted that the current financial system is at the verge of collapsing. Maybe that is a possible 2012 scenario. The World we know today will no longer function and chaos will rein, and that’s not a good time to move forwards. Just imagine if the Greece problems happened or the tsunami in Japan occurred all around the World who could save who?
A partial reason for the GFC is that Governments, and other groups, including individuals are living beyond their capacity to repay what they had borrowed. Even the SS maybe feeling a bit squeezed for cash flow. The SS also needs to tighten their belts a little and manage their cash flow too. Don’t feel that the SS is immune to the GFC.
In the SS, there are many past and present PMs, Presidents and wealthy businessmen who knows that when the cash flow of any system freezes up, then financial disasters can occur overnight while you’re sleeping. Even the wealthy knows that financial independence is based on your ability to pay cash when you want something, but if you did this all the time with all transactions your credit rating is zero.
The reason why credit cards came into fashion is because no one has enough to achieve all their dreams without borrowing sometimes. So, if you have zero credit rating you will not get the loan to achieve your dreams. You fail because they have no track record of you paying back loans. However, the person who pays upfront should have the best credit rating of all. The problem is that the financial system doesn’t trace these transactions.The attitude of banks and their CEOs are another part of the problem because they get paid before everyone else, and if the bank forfeits, the Government using taxpayer money will bail them out.
Hence, my recommendation is that the SS should not fight back now. Just lie low and balance the books – consolidate, consolidate, consolidate your position and locate its source. Prepare for a future battle that can be won. Every member of the SS should do this and pay back any debts you have and live within your means. The only reason Gold is doing well is that to put money in the bank accrues almost zero interest. The stock market is so unstable its not funny – short term buy-sell strategies only creates more unstable economies. The debt merry-go-round is just changing hands and a new financial scare surfaces.
If the US wants to get out of debt, everyone in the US must work towards that goal individually, as a group, an organisation, business, nation and country. There will be losses more than gains but this will secure the future. After several years, the GFC woes maybe resolved but that depends on the ones on top – the Government of the day and CEOs taking a short term losses for the long term gain.
If you get out of jail by letting someone else take the fall, then that’s why the GFC lingers on, financial instability occurs from top to bottom and the debt just shifts to another person. We all have to clean up our own garbage. This is a moral issue that has put everyone on edge. Consumers are going back to old and already tested solutions out of more debt – save and not spending. Too much of this will dry up business cash flow while others may flourish. So, every person, company, group and nation wants to survive the crisis but things must change for more equitable share for all rather than the few.
Just a few editable ideas for consideration for now.