Rising tide lifts all the boats
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“Rising tide lifts all the boats” - one nearly impeached POTUS beamingly bemused! How I wish I stayed ignorant and blissful... How we have let ourselves to be mislead by Darwinistic greed and warped scheming...
Rising tide lifts all the boats
- 1. I accept and believe in, grateful and pray to God Almighty. Relentlessly curious as well as nonjudgmental, I pursue know for the sheer joy of journeying through the unknown. The timeless values of Truth and Integrity are my beacons and Dharma the right path, my fearless companion. I give freely, accept gracefully and gratefully, love unconditionally and live fearlessly for, I realize that life is an endowment in trusteeship from Him. My being started from and will end in Him at a time of His choosing… … then, why must I worry? Shouldn’t I not to be simply grateful and rejoice His benevolence with industrious reverence? imagineering… “Rising tide lifts all the boats” - one nearly impeached POTUS beamingly bemused! So it is said that "Rising tide lifts all the boats"; perhaps yes, but only for those fortunate ones who are on a boat (those who inherited or made-it), preferably in a "public-funded too-big-to-fail yacht”, where the rentier-darwinian-self select indulgently play “either way I win” variety of poker. For those who are in neck-deep water and struggling to stay afloat burdened by natural needs and induced wants (yes, I am aware of “free-will-choice” - but also versed with grandeur of behavioral- economics), free-pass is available to the promised land of abundance against a minor-inconvenience of mortgaged-future-black hole. Lazy capital will heartily accommodate anyone who is impatient and imprudent enough to fall into the magnanimous sounding “enjoy now and pay at your convenience” hook-trap, will not even stop at pensioners or peasants! Oh you naive member of the 99%, if you are chuckling with your cheap beer oblivious to the consequences of NPA / default / bankruptcy, we have many a means to get to our money (your savings, if at all), including your yet to accrue labor, notionally known as future-earnings. In the name and period of laissez-faire capitalism, we started doctoring community values and opinions, academia, media, people of consequence and by now, have sorted out most of the legislation, law and regulations and what is left of consumer rights, we are working on stripping them layer by layer in the name of “efficient resources deployment”. And whenever you realize, connect and raise your voice of objection in unison, we have access to even more substrate means such as taxation and policy instruments, central banks, money supply, interest rates… including military industrial complex. Oh, the financial illiterate one, the ways in which you are surrounded! Remember the words during the congressional hearing of a recent man-made financial crisis by eminent combination of bankers + policy makers + regulators; enthusiastically supported by the richly funded academia, when it was asked, “Why the Banks sold cesspool bundle of investments to it's customers (at times also known as sophisticated investors) as good investment, and later turned around and bet against the very same investments they sold, that they will fail"? Answer: "Sir, we were doing God's work" God must be shuddering in his dreams as to what he ended up creating? And when awake running for cover or checking his liability insurance! Heads I win and tail you loose Jack...
- 2. I accept and believe in, grateful and pray to God Almighty. Relentlessly curious as well as nonjudgmental, I pursue know for the sheer joy of journeying through the unknown. The timeless values of Truth and Integrity are my beacons and Dharma the right path, my fearless companion. I give freely, accept gracefully and gratefully, love unconditionally and live fearlessly for, I realize that life is an endowment in trusteeship from Him. My being started from and will end in Him at a time of His choosing… … then, why must I worry? Shouldn’t I not to be simply grateful and rejoice His benevolence with industrious reverence? Fast forward nearly 10 years... All of the architects are safely ensconced in their respective or alternative positions of comfort and glory... some have even made it to the policy-making offices! It is a “pay to play” revolving door Sir, if you didn’t know! Banks and the insurance companies have been bailed out with long-term public borrowing and "had to have" recessions / contractions / reduced abilities to meet the needs (not the wants) of the gullible-masses / shrinking community - social programs and public infrastructure. Systemically critical and too big to fail (hail the 16th century financial innovation: Limited Liability, if you will) institutions got even bigger, guaranteeing future bail-outs, floating on blissful moral-hazard. Obscene salaries and bonuses are back with a vengeance... If you are thinking of "income vs. expense" then you are the most sought-after sucker, the smart one's think and act on "asset vs. liabilities", wherein "assets are private" and "liabilities are public"... founding principles of "evolved capitalism of Darwinian kind"... We moved away from specie currency since 1974, repealed Glass Steagall Act during Clinton regime and are furiously hosing down Dodd-Frank Act as well as Basel III, all in the name of efficiency with reckless faith in the “free market”, a market made up of “mortal, feeble, emotional, guileless, gullible, forgetful, unscrupulous; along with romanticizing, dreaming, hopeful, wishful human”, where “checks and balances” are considered to be impediments to the otherwise “Virtuous Capitalism”. Australia does not wish to be left behind in this mad race, forgetting her history and make-up, repugnantly sells the family silver, licenses pollution for fistful of cash (defer the consequences to the yet unborn generation) and has moved on to unraveling the cherished Australian egalitarianism, stripping the penalty-rate applicable to work during Sabbath, all in the name of employment / efficiency / growth. Australia has evolved well through hard-yakka, elbow grease and shared community values / mateship. Having come thus far, She ought to know that, fair-life can’t compete with indifference to hunger, dictatorship, tyranny or police-state! How I wish I stayed ignorant and blissful...