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Saturday, November 10, 2007

Have and have Yachts!

Through the last six years our country has gone down a very dangerous financial path. (Actually, longer, but for ease let's just start there.) That of financial demise and a massive spreading of the distance between the "have's and have yachts"!

As a society we are certainly not poor by any global means, however, the earning capacity of the dollar for the hourly worker of today, based on inflation, is close to that of the early 1970's, but were in 2007! There has been no increase in living wage? This also means that the spending potential, based on inflation is reduced as well. Through the high cost of living, education, gasoline pricing, along with reduced benefits for working adults there seems to be a reduction in our quality of life. Can that really be maintained while we are continually wanting to purchase the lowest priced products from emerging global markets while keeping the people of our country employed? Can this happen?


If you believe in a world of plenty and not scarcity you will find your answer.

Previously, through the Clinton Administration, our feelings of prosperity were everywhere. That is not to say that we did not go further into debt as a country. We did get a budget balanced, however, we maintained a level of debt and continue to do so. (Only today it is much worse.) Due to this mis-information to our public by our government this was a time of celebration as tens of millions of people saw their savings and retirement plans reach plateaus they never thought possible before. Perhaps much of this came from the belief of abundance vs. scarcity.

Prior to the advent of the internet, in the late 80's early 90's, there was only a mere 10% of people that even had a stock holding portfolio. With the internet and online stock trading and investment information, various investment derivatives, mutual funds, and a high flying boom of IPO's and corporate spending throughout the 90's to today we have now been spoiled and left ill prepared.

Ill prepared by which I mean that we have never had an administration teach our country how to save. We have had, and continue to have, administrations that put programs together to aid in the proliferation of economic stagnation rather that education to teach the majority of our next generation the benefits of global economics and prosperity for all. In our basic public education system we don't even teach our children how to balance a checkbook, let alone, the basic principles of finance. It is suggested that the average person in our society is better left to work and trust the "experts" in how to spend or invest their money. yet, it is easier to make money in the stock market by throwing darts at the Wall Street Journal for stock, mutual fund, option, hedge fund, etc. picks than to listen to the experts.

If you believe in a world of plenty and not scarcity you will find your answer. Through this belief system one is able to see that it is not necessary to conduct a war to transact business, but that war is a business that is transacted. This distinction is primary to come to terms with our never ending defense budget spending. If you believe in a world of plenty and not scarcity you will find that answers lie in questions and not statements to countries. Understanding what the needs are of the other global participants rather than attempting to control the global masses. There is a common thread to all that reside on this planet despite all of our differences. That is that we all reside on this planet. With no other option, and our current means of survival is just that, survival, it is best to change our thinking. The time has come for a revolution of thought and not power.

Some say that if we were to stop spending only one of our years budget on defense in America we would be able to rebuild our schools, cure numerous diseases, revamp our elderly assistance programs, and develop new technologies for power. We would still have enough defense technology to destroy the earth over 1000 times. We would still have the largest fleet of air, water, and land technology to maintain the planet's police state. However, this one year would change the world by we could become the world leader in alternative fuels. Thereby infusing the development of alternative energies and technologies that could be packaged and distributed throughout the world. By maintaining and taking care of our people in our own country would allow us a greater opportunity to help others. I could go on, and will...

If you believe in a world of plenty and not scarcity you will find your answer.

2 comments:

Anonymous said...

Thank you.

The last paragraph is right on. What an opportunity it would be if we could have an administration that would pull that off!

Anonymous said...

Unfortunately, our president likes to breed fear in everyone, so scarcity is prolific amongst the people and not abundance. It is a shame. He is only thinking of his checkbook and the "now" and could give a hoot about the future world.