It is clear that we are all facing a very different future from the world in which we have lived over the past 40 to 50 years. Whilst none of us can make an accurate prediction of what this will look like, it is apparent, that with the levels of insurmountable debt that have continued to pile up in the Western world, it is only a matter of time before we reap what has been sown. There is no such thing as 'A Solution' but there are Solutions!
People do not seem to understand that the national debt levels in all Western nations cannot ever be reduced, because our monetary system is based entirely on ever increasing amounts of loans and new debt being issued to keep the entire system going.
People in the West are in the main, oblivious to the realities that are taking place around them and Western politicians or the media is not telling them the truth.
Margaret Mead was a well known American cultural anthropologist, who lived between the years 1901 to 1978. She was frequently featured as a writer and speaker in the mass media throughout the 1960s and 1970s and was famously quoted as saying ‘Never doubt that a small group of thoughtful committed citizens can change the world, indeed it is the only thing that ever has’. When faced with the size of this global problem that has been highlighted on this website and in numerous other places, it is easy for the average citizen to despair and believe that there is nothing that they can contribute toward change. However as Margaret Mead said it is only by thoughtful citizens gathering together in small groups that any change can be brought about.
There is a need to rethink policies and ethical principles as well as to consider the personal changes that are required to form the basis of a new, great transformation. We need to turn away from the concept of debt, usury and all forms of exploitation and avarice and look instead towards a more balanced world where stability equity, peace and justice prevail
We need a reformed democracy that will restore power to democratic organisations and institutions and this can only happen by ensuring that the powers of private finance are handed back to elected and accountable governments and institutions. This will include the need to include the power of making key decisions for the future creation of money and credit creation and the returning to correctly regulated markets and trade.
To achieve the above it will be absolutely imperative for local, national and international groups to unite and lead a public debate in order to bring pressure to bear on elected governments and central banks to introduce the regulatory changes that are needed internationally. They will also need to ensure that the creation of money and fixing of interest rates is a public requirement and not the responsibility of private bankers. Central banks need once again to be made accountable to society at large and not to the finance sector alone. Finance needs to be subordinated to the interests of humanity and the planet.
Everyone who lives in the privileged and yet exploitative economies of the Western world has a part to play in bringing about this type of transformation and there are many things that we can do.
In the first instance, it is important that we learn to live within our means and this may call for simplified lifestyles. We will almost certainly have to become acclimatised to less debt and we will need to learn to decline offers of more and more loans and overdrafts and ever increasing numbers of credit cards.
There is a need for us to understand the word ‘frugality’ and to make it our main aim to become debt free as well as to build up savings. We will have to consider whether we really need to buy a bigger house or a new registration motor vehicle every couple of years or any of the latest gizmos that are offered to us daily. We will need to be less inclined to be influenced by famous people baiting us through constant advertising everywhere we go, to buy the latest and most expensive branded goods that are all designed to make us feel supposedly happier and more fulfilled. We can resolve to ‘shop’ less and learn to reuse and maintain as well as to recycle in order to cut back with our consumption. It will mean becoming less obsessed with having to have the ‘latest’ of everything.
We will need to reassess how we spend our time and who we spend it with and this will mean slowing down what has become a ‘work and consume’ type of mentality that somehow mesmerises us and causes us to spend our time playing computer games and becoming fashion conscious in order to keep up with the Joneses.
The bottom line is that in the end most people do recognise that it is friendship and a sense of community as well as a sense of belonging that is desired by most people but somehow it is these things that always elude us.
Many of us may feel that we are victims of this whole system and there is little we can do. However we do need to understand that we can have control of our lives and take action to change by joining with others to change the way things are. We need to be reminded continually that we are destroying the very planet on which we live. The strains on the environment and the collapse in our ecological systems is a fact which we are reminded of constantly on our television screens. We know we are destroying ourselves and our planet and yet when get up for work the next day we carry on regardless?
We surely need to wake up and realise that it is the way that we live and the way we consume and our extravagant western lifestyles displayed in the ever-increasing numbers of cars, the need for our annual foreign holiday flights that is impacting and destroying the atmosphere in the world. We could decide that we are no longer going to maintain such high levels of consumption and expectation and this may begin to restore some of the gifts that we have stolen from nature.
Many people cannot believe that we in the Western world are prepared to live our lives without considering the impact that they will have on our grandchildren in the future. We seem to suffer from arrogance, believing that we somehow have the right to consume as much as we like in the now and that we can surely continue to find ever-increasing amounts of resources to continue in this manner.
Surely there is actually something called ‘ENOUGH’?
If only we could stop in our busyness to consider what is enough for each of us? We may be surprised to discover that we could decrease the amount of power and control that the banking system and credit card companies actually wield. To restrain the power that the whole finance sector currently exercises over us all.
We cannot simply sit passively by and believe that all of our man-made structures are ‘natural’ or permanent and so entrenched that the only way that they could be restored is by revolution. Clearly there is a need for absolute resistance but it can be done in a peaceful manner.
As this crisis continues to unfold we need to remember that the finance sector is going to be only too happy to transfer all its losses and liabilities to the public sector; which is all the hard working taxpayers – it is You and Me! It is already happening and plans are in the process for it to happen on a much wider scale that will include the transfer of losses from the banks to ourselves. The new ‘Bail Ins’ regulations will ensure that this takes place and it has already started in Cyprus and in the UK and other European nations. It is just not really reported in this way by the media.
We have lived in a ‘Welfare State’ environment for to long and as such, we now have a population, as do other countries in the Western world, that relies on government to look after them from the cradle to the grave. There is a need to wake up and realise that this system is simply impossible to maintain because the costs are rising exponentially and will continue to do so. The system will inevitably fail. Whilst it is understandable to have feelings of despair, helplessness and insecurity it is the responsibility of individuals to turn from expressions of apathy towards action. We will need to think together about the solutions that we can take because there is no such thing as A SOLUTION.
We can all begin by beginning to educate ourselves and there are numerous sources of information available to help us to do so. We will have to exert some effort in order for this to happen because it is all too easy to get home at the end of today, slump to a chair, switch on the television, watch the latest ‘football game’ and believe that all is well and all will end well.
It is highly unlikely to be the case!
“But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or any similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy. Paper money will invariably operate in the body of politics as spirit liquors on the human body. They prey on the vitals and ultimately destroy them. Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.” , George Washington in a letter to Jabez Bowen, Rhode Island, Jan. 9, 1787
“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.” – Abraham Lincoln, from a November 21, 1864 letter to Colonel William F. Elkins
“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power of money should be taken away from the banks and restored to the people to whom it properly belongs.” – Thomas Jefferson
“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.” , Sen. Barry Goldwater (Rep. AR)
Senator Barry Goldwater
“If you want to make someone angry tell him a lie; if you want to make him furious, tell him the truth. All truth passes through three stages. First, it is ridiculed , second it is violently opposed, and third it is accepted as self- evident.” – Arthur Schopenhauer, Philosopher, 1788-1860
Arthur Schopenhauer was a German philosopher best known for his book, The World as Will and Representation, in which he claimed that our world is driven by a continually dissatisfied will, continually seeking satisfaction. Born: February 22, 1788, Gdańsk, Poland
CHOICES AND PATHWAYS
Is there 'A SOLUTION'?
BUILDING A SUSTAINABLE ECONOMY
ENOUGH IS ENOUGH