Asides
The Sucker Bait Called Hope
Consequently, we’ve not had universal health care for the common good. We have never enjoyed the benefit of universal higher education, because collectively we cannot agree that it is in the common good for all citizens to be equally free from ignorance. We pay the price of that at every turn … in the lack of nuance in the national character, in the childlike and clichéd thinking of our electorate, in our satisfaction with a deluge of technological toys instead of meaningful work and leisure, or intellectual and spiritual substance. (via Joe Bageant)
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- Entrepreneurs, for example, work in the early stages of their company's growth at the same level as third-world laborers. Many hours are spent at almost no remuneration to nurture the concepts that will later - it is hoped - produce livelihoods for many. Working for nearly nothing is a very common entrepreneurial strategy that flies in the face of capitalism. via Math
- Only a small fraction of funding by investment banks, mortgage companies, brokerages, equity funds, hedge funds, commodities futures speculators, etc., comes from actual investor capital. The rest—up to ninety-seven percent, in the case of commodities futures contracts—is credit self-created by the banks.
Where did the banks get this credit? The answer is that they simply cranked it out through their fractional reserve privileges derived from their government charters. In fact the only way money comes into existence in this day and age is through a loan from a bank which must be repaid with interest. The loan is secured by the borrower’s collateral or promise to pay. But the cumulative interest load on the economy grows exponentially. As a part of the federal budget, for instance, interest on the national debt is around $500 billion a year and growing.
via Global Research: Impacts of the Financial Crisis: The U.S. Is Becoming an Impoverished Nation - Malidoma now lives in Oakland, Calif. In his workshops, he teaches that it is unthinkable to separate daily life from ritual contact with the unseen world of spirit, or to pursue political change without ongoing spiritual development... Q: What venues seem to be a better place to learn real spiritual development? A: The best places are multicultural conferences. You have the opportunity to go through racial tensions and cultural differences; you can acknowledge that we don't trust each other. The next logical step might be a fight, yet, by not fighting and staying with the tension, working through it together, you come to a place where that feeling can be transcended. Unless there has been sweat--people sweating to get through the countless things that keeps them apart--they are probably lying when they say we are all one. Read on at Mother Jones | tip of the hat to eve11
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