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Economic Apocalypse! Lube Up!

THURSDAY JULY 3 2008 6:00 AM

Submitted by FearTheReaper. Edited By erin_broadley.

TAGS: Housing Bubble, Credit Bubble, Inflation, Economy

The American economy is about to come to a grinding halt. You are totally fucked if you buy food, gas or anything. The U.S. economy is not just slowing down, but crashing, switching from strong positive growth to negative growth. This shit ain’t going to be pretty.

Obviously, housing prices are plummeting. Homes are sitting unsold and vacant in every neighborhood, as the grass turns brown and the plants die. Pools are turning into birth stations for mosquitoes. Many people are just walking away from their mortgages because their home is worth far less than what they owe. Thankfully, our government is bailing out the companies who made all the shady deals. It’s socialism for the rich! Yay!

You want to know how bad the housing market is....

Two for one houses! Oh, my God! We're fucking screwed!

Meanwhile, inflation is here and it’s a bit of an asshole. Prices on everyday products are going through the roof. Gas and milk are up to over $4 dollars a gallon. Just walking down the aisle at my local grocery story, I see product after product up around 25%. And the containers are smaller. It’s less food for more money. That’s how inflation works. But I can lose weight, so it’s pretty sweet!

The difference between this recession and past recessions is we are at a point where there is nothing left to squeeze. We’ve been experiencing inflation for years. No, not the economist bullshit technical term for inflation, but the kind you live through. Rising prices of non-traded goods, like insurance and health care, have been kicking the shit out of most Americans since the early '80s. And dollar-priced traded goods, like energy, for which we don’t have a substitute, have also been steadily rising for 10 years. Now we can expect cheap products, like the ones China sells to Wal-Mart, to shoot through the roof as the China yuan appreciates to avert domestic inflation. Suck it, America.

Now people are selling their gold jewelry, heirlooms and coins to get by.


A tough economy across much of the country is pitting memories against much-needed money. Rita Wallace, 50, has collected coins for 30 years, a hobby she inherited from her grandfather. Selling the coins as scrap gold, destined for melting, was never her intention.


Sounds fun. At the same time, there is a credit crunch. It is now harder to get loans and credit cards, because the banks fucked up and gave loans to a bunch of idiots who shouldn’t have gotten them. So, household access to credit is declining. People use credit to get through the hard times, but they are maxed out and the hard times aren’t even here yet. Seriously, they are not even here yet.


Just as Americans grow more reliant on credit cards to help pay monthly bills, they’re being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit scores.

Those facing this predicament might not even know it until they apply for a loan or another credit card, and then get denied because their credit score has dropped.


And people are losing their jobs as the economy slows. As it stands right now, the median U.S. household, if deprived of credit and income loss, has enough savings to last 18 days. That’s down from 30 days in 2001. We have been told to buy, buy, buy on credit for years. Now that incredibly moronic philosophy is coming to a quick and brutal end. That’s why people end up selling their gold watches and their children.

Where’s all that gold going? Shouldn’t the price drop if people are selling gold? Nope. The rich guys are snapping it up. Hedge funds, mutual funds, ETFs, investment banks and financial advisors, who have clients living the sweet life in the top 5% of net worth, are grabbing that gold. Since 2005, only the top 5% of American income earners have experience any real gain. It’s getting a little top heavy up in this bitch, like France 1790 top heavy. Get some scrap wood together and build a guillotine in that garage!

In the '70s, when we were in the same sort of economic situation, people lined up to buy gold and silver. They were converting their savings into gold and silver to protect it. But now, those people in the same income bracket are selling, because they don’t have savings, they have debt. So, they are buying dollars instead. At the same time, the Fed is printing money to fight the debt deflation unleashed by the housing bubble collapse, which causes the price of the dollar to drop and drop. It’s an epic disaster!

Debt deflation is a fucked up situation to live through. Here’s Dr. Steven Keen, an economist for the University of West Sydney who specializes in debt deflation, explaining what goes down.


A debt deflation is where you have an unsustainable level of debt in an economy, so a level that has already caused a crisis and therefore the types of affects we’re seeing with a credit crunch start to occur. And those are regarded as threefold. First of all people try to reduce their debt. Secondly, banks that were allowing a large rate of creation of new money are no longer willing to allow the creation to occur, certainly not at the same rate. And thirdly the banks are tempted to in turn reduce available funds for re-lending that in particular drops drastically.

So those combinations come together and you’re going to have a downturn driven by those factors of reduced credit and tightened credit plus the excessive debt level and the basic elimination of investment due to people trying to pay their debt down rather than trying to invest. If there is distress selling taking place people who are in debt are trying to move their product more rapidly to improve their cash flow and reduce their debts. You can bet they can actually cause a cascade over from falling asset prices into falling consumer prices with the impact of that, and very visibly this is what happened in America in the 1930s, this actually increases the ratio of debt to GDP because two factors of price declines and debt repayment occur simultaneously.


Uh oh. That dude said 1930.

Hey, lookey! The stock market is tanking!


This was the worst first half for the Dow Jones industrials since 1970, when the country fell into recession.


Yikes.


U.S. markets continued their descent, with the Dow Jones industrials on the brink of their worst June in 78 years.


This is a train wreck. There has never been a period in the history of the world when the people carried the amount of debt we are carrying today. The lenders just finished lending out to the bottom of the barrel Americans: The sub-prime borrowers. Now it is biting them in the asshole. (Except, of course, the government is giving them tons of cash to make up for it.) And those borrowers were the end of the line. They were the people who did not deserve and never should have received loans. The problem is, they had to be doled out, because our economy is now a credit economy. We don’t make things anymore. We make our money from finance, investment and real estate. Or we did, anyway. That shit is coming to an end.

Gas is the tipping point. The United States was not constructed for high gas prices. As a country, we quite simply cannot function with such high prices. People who drive the greatest distances are those who can least afford the rise in price. The janitor who drives 50 miles to work in his SUV is completely fucked. He can’t sell the car, or afford the gas. Public transportation you say? There is not a city in this country that can handle the load of so many people making the switch to public transportation. There aren’t enough buses or trains. And if Bush bombs Iran, well, you can kiss the America you know goodbye. Think Mexico.

Even if situation does not get worse from here on out, this current mess will not work. When the vast majority of people are suffering and the rich are getting richer, the politics change. We are now there. Just take a look at the approval polls of Republicans. A shift is coming and it will change the way predatorial finance companies do business – but it will be ugly getting there.

People are beginning to understand that they are being lied to on a daily basis. You can’t tell us the economy is humming along; when we know it is not. And it hasn’t been for years. Every president since Reagan has changed the way economic information is collected and reported – Clinton was the worst of all. So, when the reality on the ground does not match what people are seeing, they stop believing you. There has always been a disconnect between politicians and the populace, but now that disconnect is just as large between the media and the people. That is where we are now and people are angry. America is a lit fuse.

Americans are fine when they are able to just scrape by. We took the years of working long hours or two jobs to afford that 100-mile a day commute to get to our overpriced house. America listened to the news, and the bogus economic statistics for years. Something didn’t seem right, but everyone went along. Now, with the housing disaster, insane gas prices, a plunging dollar and big time inflation, people are at their breaking point. It’s going to come very, very, soon.


In a report that underscored the economy's persistent weakness, the Philadelphia Federal Reserve Bank said its business activity index dropped to minus 17.1 in June from minus 15.6 in May, well below Wall Street's forecasts around minus 10.

Prices paid soared to their highest levels since 1980.

"They are pretty bleak numbers," said David Sloan, economist at 4Cast Ltd. "There is not much to be said in favor of it."

Some analysts are hoping the weaker dollar's boost of exports could help the economy skirt recession, despite a teetering housing market and soft consumer spending. The latest figures indicated otherwise.


We're going down.


The Labor Department said producer prices over the last 12 months were up 7.2 percent in May, the eighth consecutive month prices rose more than 6 percent on a yearly basis.

The last time PPI produced this many straight months of above 6 percent year-over-year readings was the period between 1977 and 1982, a Labor Department official said.


Johnny can’t afford $1000 a month in gas. And he can’t afford the rise in food prices. And he’s got no savings. And he can’t afford health insurance. And he’s in massive debt. Who is Johnny going to get mad at? For every action there is a reaction. You can’t fuck over the poor the way this country has for 28 years without massive blowback. Time for the big boys to start watching their ass.

And that’s only the beginning. Periods of financial instability always lead to war. They always have. Wars begin because of debt. Oh, and some big country seems to be taking our oil….

 

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FellOnEarth

FellOnEarth

Temecula, CA
April 2006

JUL 04, 2008 01:44 PM

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin

lanks

lanks

Canada
May 2005

JUL 04, 2008 03:47 PM

The sky is falling! The sky is falling!

defaultx

defaultx

I'm lost
February 2006

JUL 05, 2008 10:15 AM

Good job FTR.


The cartels end game is the amero or some new currency.

Forsta

Forsta

Denver, CO
June 2006

JUL 06, 2008 02:53 PM

FellOnEarth said:

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin



FellOnEarth said:

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin



Definitely agreed. A significant portion of this entire thread, and FTR's article, is well-constructed bullshit. Much is true piecemeal, which lends it credence, but it depends on the same paranoid delusion that prompted Germans to accomplice the murder of Jews, the KKK to murder blacks, and French Revolutionaries to execute every noble they could find, even though a significant number of those nobles supported the cause with information or financing. It's the same delusion that lets people believe that the Rosicrucians were (or are) real (hint: they're not), the "Protocols of the Elders of Zion" was anything but an idiot's fiction, or that the Nazi's Hollow Earth theory was true.

Those who call for violent revolution, or who expect to find a cabal in a mahogany boardroom that they can punish, are in for a disappointment. You'll only succeed in becoming the monsters you wish to destroy. You, not the white-bread suits you hate, will set us back a century.

And please, let's try not to roll ourselves back to the Industrial Revolution... that was *such* a fine time for humanity.

Open your minds. Dig deeper. Neither the problem, nor the solution, is so blunt as many of you'd like to make it seem. The way out is through...

~forsta~

Forsta

Forsta

Denver, CO
June 2006

JUL 06, 2008 02:53 PM

FellOnEarth said:

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin



Definitely agreed. A significant portion of this entire thread, and FTR's article, is well-constructed bullshit. Much is true piecemeal, which lends it credence, but it depends on the same paranoid delusion that prompted Germans to accomplice the murder of Jews, the KKK to murder blacks, and French Revolutionaries to execute every noble they could find, even though a significant number of those nobles supported the cause with information or financing. It's the same delusion that lets people believe that the Rosicrucians were (or are) real (hint: they're not), the "Protocols of the Elders of Zion" was anything but an idiot's fiction, or that the Nazi's Hollow Earth theory was true.

Those who call for violent revolution, or who expect to find a cabal in a mahogany boardroom that they can punish, are in for a disappointment. You'll only succeed in becoming the monsters you wish to destroy. You, not the white-bread suits you hate, will set us back a century.

And please, let's try not to roll ourselves back to the Industrial Revolution... that was *such* a fine time for humanity.

Open your minds. Dig deeper. Neither the problem, nor the solution, is so blunt as many of you'd like to make it seem. The way out is through...

~forsta~

Chainlink

Chainlink

Christmas Island
August 2005

JUL 06, 2008 03:29 PM

Forsta said:

FellOnEarth said:

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin



. . . Open your minds. Dig deeper. Neither the problem, nor the solution, is so blunt as many of you'd like to make it seem. The way out is through...

~forsta~




wereduck

wereduck

I'm lost
July 2007

JUL 06, 2008 04:17 PM

Forsta said:

Those who call for violent revolution, or who expect to find a cabal in a mahogany boardroom that they can punish, are in for a disappointment. You'll only succeed in becoming the monsters you wish to destroy. You, not the white-bread suits you hate, will set us back a century.



Thank you for saying this. For some reason, a lot of people seem to find it more comforting that it's all the work of a few mustache-twirling villains sitting around laughing maniacally, rather than a bunch people being stupid, greedy, and short-sighted. If anyone were to look around at what's actually happening, it's easy to spot that the people doing this are not master manipulators, nor are they ambitious enough for true world dominance. Maybe dominance through the stock market and the economy, but not dominance in the Orwellian sense.



And please, let's try not to roll ourselves back to the Industrial Revolution... that was *such* a fine time for humanity.



Freedom hater. Don't you see the free market solves everything?! biggrin

roubles

roubles

I'm lost
June 2008

JUL 06, 2008 06:46 PM

Forsta said:

FellOnEarth said:

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin



Definitely agreed. A significant portion of this entire thread, and FTR's article, is well-constructed bullshit. Much is true piecemeal, which lends it credence, but it depends on the same paranoid delusion that prompted Germans to accomplice the murder of Jews, the KKK to murder blacks, and French Revolutionaries to execute every noble they could find, even though a significant number of those nobles supported the cause with information or financing. It's the same delusion that lets people believe that the Rosicrucians were (or are) real (hint: they're not), the "Protocols of the Elders of Zion" was anything but an idiot's fiction, or that the Nazi's Hollow Earth theory was true.

Those who call for violent revolution, or who expect to find a cabal in a mahogany boardroom that they can punish, are in for a disappointment. You'll only succeed in becoming the monsters you wish to destroy. You, not the white-bread suits you hate, will set us back a century.

And please, let's try not to roll ourselves back to the Industrial Revolution... that was *such* a fine time for humanity.

Open your minds. Dig deeper. Neither the problem, nor the solution, is so blunt as many of you'd like to make it seem. The way out is through...

~forsta~




Gee it would be interesting if one of the people saying this is just gloom and doom BS would actually SPECIFICALLY refute FTR's points with facts and logic. I'm not holding my breath waiting for that to happen..

FellOnEarth

FellOnEarth

Temecula, CA
April 2006

JUL 06, 2008 07:31 PM

Forsta said:

FellOnEarth said:

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin


Definitely agreed. A significant portion of this entire thread, and FTR's article, is well-constructed bullshit. Much is true piecemeal, which lends it credence, but it depends on the same paranoid delusion that prompted Germans to accomplice the murder of Jews, the KKK to murder blacks, and French Revolutionaries to execute every noble they could find, even though a significant number of those nobles supported the cause with information or financing. It's the same delusion that lets people believe that the Rosicrucians were (or are) real (hint: they're not), the "Protocols of the Elders of Zion" was anything but an idiot's fiction, or that the Nazi's Hollow Earth theory was true.

Those who call for violent revolution, or who expect to find a cabal in a mahogany boardroom that they can punish, are in for a disappointment. You'll only succeed in becoming the monsters you wish to destroy. You, not the white-bread suits you hate, will set us back a century.

And please, let's try not to roll ourselves back to the Industrial Revolution... that was *such* a fine time for humanity.

Open your minds. Dig deeper. Neither the problem, nor the solution, is so blunt as many of you'd like to make it seem. The way out is through...

~forsta~


LOL, my dad used to hang with the Rosicrucians when he was a hippie in the 60's. They exist, man, open your mind! biggrin (More specifically, don't let your doubts delude you, research the matter instead. If they are here now and historical information provides evidence of their existence, then certainly they must have existed! But then, I suppose it depends upon your perspective on the matter, are you talking Hollywood Rosicrucian or Philosophic Rosicrucian? There is a difference you know.

So what do you propose, don't change, just go through a period of hard times without adapting? Now that is crazy. I don't subscribe to the notion that governments and systems cannot change for the better, I think that abandoning the current system of failure isn't altogether a bad idea. Humans have been toppling regimes for time immemorable, yet the ideas and philosophies have of the wise have endured to aid and guide us along our paths of change. Ironically, even along these serpentine routes, we forget our past and er over and over again, often repeating the same mistakes of the past.

FellOnEarth

FellOnEarth

Temecula, CA
April 2006

JUL 06, 2008 07:34 PM

Chainlink said:

Forsta said:

FellOnEarth said:

Oskar said:
This thread brought out the crazies.


shocked Agreed. If I'm meat, please choke on my flesh. biggrin



. . . Open your minds. Dig deeper. Neither the problem, nor the solution, is so blunt as many of you'd like to make it seem. The way out is through...

~forsta~





Just what I was thinking! biggrin

Forsta

Forsta

Denver, CO
June 2006

JUL 06, 2008 08:11 PM

FellOnEarth said:
LOL, my dad used to hang with the Rosicrucians when he was a hippie in the 60's. They exist, man, open your mind! biggrin



No, he didn't. He hung out with a group of people loosely associated with the Golden Dawn and Symbolic Masonry. All of them were self-deluding and not the least associated with the Rosicrucians of the 1614 Fama Fraternitatis, which has itself been shown to be an elaborate hoax, an intellectual game based upon the utopian fever of the time. The people who wrote it didn't even mean for it to go so far.

I'll stick to well-studied history, and you can keep on getting lazy when you reach back any further than the nineteenth century.

I'm not defending Bush, his administration, the corporate power structure (which is itself based on bad decision-making by the legislatures of New Jersey and Delaware in the 1890s), the banks, or any of the rest of it. Bush is culpable for crimes against humanity and should be tried for them. What I *am* suggesting is that the oppression-revolution cycle is not likely to get us much further than it's gotten already, and at the rate at which communication and technology accelerate cultural change (and economic change), we'd be likely to find ourselves back in the same boat in less than a generation, if not in a few short years.

There are bad leaders to string up, if you wish. I won't stop you. But there is no cabal, no stand of ultimate baddies that could be "got" if only you could find them. There's no silver bullet to any of the world's crises right now. There also seems to be little personal accountability. Keep blaming everything on a grand, evil plan, and you'll keep getting a grand, unfixable mess. It's as bad as people thinking their credit will go forever.

I'm not going to refute FTR's points one by one, because one by one most of them are accurate. What I'm refuting is that a revolution would provide anything remotely like a long-term fix (don't think 1776 here, cause it isn't going to happen that way). A long-term fix will have to address shortfalls in corporate responsibility (which creates the short-term thinking that makes corporations pathological regardless of the morality of their leaders), the lack of accountability by leaders to key members of society at large (no double-blind, mitigating level of citizens with the power to hold leaders accountable), and an understanding of the economy as a non-externalizing system (there can be no such thing as an externality in a closed system like Earth). In other words, it'll have to address basic human greed, shortsightedness, and need. You know, difficult stuff.

There are conspiracies, to be sure (we all conspire every time we decide something with one person but fail to let everyone else know about it). There are even coverups, and spin-doctoring is a rampant disease. But there is no grand conspiracy. No one person or group is completely in control. You should find that to be scarier than the idea of the cabal.

So deal with it, and will all the conspiracy theorists please get their heads out of their asses, as you are part of the problem, not part of the solution.

Thank you.

~forsta~

roubles

roubles

I'm lost
June 2008

JUL 06, 2008 08:34 PM

Forsta said:

FellOnEarth said:
LOL, my dad used to hang with the Rosicrucians when he was a hippie in the 60's. They exist, man, open your mind! biggrin



No, he didn't. He hung out with a group of people loosely associated with the Golden Dawn and Symbolic Masonry. All of them were self-deluding and not the least associated with the Rosicrucians of the 1614 Fama Fraternitatis, which has itself been shown to be an elaborate hoax, an intellectual game based upon the utopian fever of the time. The people who wrote it didn't even mean for it to go so far.

I'll stick to well-studied history, and you can keep on getting lazy when you reach back any further than the nineteenth century.

I'm not defending Bush, his administration, the corporate power structure (which is itself based on bad decision-making by the legislatures of New Jersey and Delaware in the 1890s), the banks, or any of the rest of it. Bush is culpable for crimes against humanity and should be tried for them. What I *am* suggesting is that the oppression-revolution cycle is not likely to get us much further than it's gotten already, and at the rate at which communication and technology accelerate cultural change (and economic change), we'd be likely to find ourselves back in the same boat in less than a generation, if not in a few short years.

There are bad leaders to string up, if you wish. I won't stop you. But there is no cabal, no stand of ultimate baddies that could be "got" if only you could find them. There's no silver bullet to any of the world's crises right now. There also seems to be little personal accountability. Keep blaming everything on a grand, evil plan, and you'll keep getting a grand, unfixable mess. It's as bad as people thinking their credit will go forever.

I'm not going to refute FTR's points one by one, because one by one most of them are accurate. What I'm refuting is that a revolution would provide anything remotely like a long-term fix (don't think 1776 here, cause it isn't going to happen that way). A long-term fix will have to address shortfalls in corporate responsibility (which creates the short-term thinking that makes corporations pathological regardless of the morality of their leaders), the lack of accountability by leaders to key members of society at large (no double-blind, mitigating level of citizens with the power to hold leaders accountable), and an understanding of the economy as a non-externalizing system (there can be no such thing as an externality in a closed system like Earth). In other words, it'll have to address basic human greed, shortsightedness, and need. You know, difficult stuff.

There are conspiracies, to be sure (we all conspire every time we decide something with one person but fail to let everyone else know about it). There are even coverups, and spin-doctoring is a rampant disease. But there is no grand conspiracy. No one person or group is completely in control. You should find that to be scarier than the idea of the cabal.

So deal with it, and will all the conspiracy theorists please get their heads out of their asses, as you are part of the problem, not part of the solution.

Thank you.

~forsta~




Stating the current ugly economic facts isn't a "conspiracy theory." Those are the facts. How about offering some SPECIFIC solutions to accomplish what you stated.

Yes corporations should be more accountable and how exactly are you goint to accomplish that with our current system? Certainly you're aware both major parties are at the beck and call of industry. For example look at the 300 billion bank bailout that easily passed the Senate with support from both parties. It's nothing more than transferring bank losses on ridiculous home loans from banks to taxpayers. I'm all ears for your solutions on how you solve this with our current system.

Forsta

Forsta

Denver, CO
June 2006

JUL 06, 2008 09:11 PM

I'm not here to state a solution. If I had a solution, it couldn't be summed up in pithy statements on this website. What I *am* saying is that doomsayers (like FTR) and grand-conspiracy theorists (like many SG commenters) aren't proffering any solution at all beyond the short-term, hard-to-make-an-argument-for-in-the-twenty-first-century, ground-up violence, and that violence is as likely as not to hit the wrong target anyway.

Besides that, the enemies are no longer armed with muskets.

I'm not here to spell out a solution for anyone here; I'll spend that effort with more productive folks. What I *am* saying is that last century's (or centuries') thinking is not at all likely to solve this century's problems.

To repeat, many of the commenters and quasi-politicos here should consider removing their heads from their asses, because they're jammed in there at least as far as the average I-can't-give-up-my-PS2 consumer's noggin is inserted into his or her posterior.

~forsta~

FellOnEarth

FellOnEarth

Temecula, CA
April 2006

JUL 07, 2008 02:37 AM

Forsta said:

FellOnEarth said:
LOL, my dad used to hang with the Rosicrucians when he was a hippie in the 60's. They exist, man, open your mind! biggrin



No, he didn't. He hung out with a group of people loosely associated with the Golden Dawn and Symbolic Masonry. All of them were self-deluding and not the least associated with the Rosicrucians of the 1614 Fama Fraternitatis, which has itself been shown to be an elaborate hoax, an intellectual game based upon the utopian fever of the time. The people who wrote it didn't even mean for it to go so far.

I'll stick to well-studied history, and you can keep on getting lazy when you reach back any further than the nineteenth century.


I've no quarrel with you as to the roots of of the Rosicrucian movement (arguing over its founding upon a hoax is actually quite trivial), it mattered little to members from the older branches of the Golden Dawn or Symbolic Masonry, or the younger ones like the open source version of the Golden Dawn; all considered themselves, philosophically, to be Rosicrucian (although, traditionally, they were to refute or deny such claims).

The philosophical precepts of the movement indeed borrowed many concepts and ideas of the ages, blended into a complete, syncretistic and often contradictory, heretical alternative to prevailing convention (no matter the equally shaky or historically inaccurate origins either, mind you). To that extent, and at least historically they did exist from the 17th century onward. But as I have said before, such argument is trivial amidst the fact that philosophically they did and do exist, despite their historically inaccurate origins (to me, this is no different to Christian faith, Christians did and do exist although no definitive evidence supports that Christ actually ever existed).

Beyond that point, I think that is entirely relevant that we are discussing spiritualism in regard to societal change (although I don't exactly think it is an accurate for us to invoke the specter of conspiracy theories in reference to them). Although occult in its origins (and shared by many other movements other then just those Rosicrucian in nature),concepts of blending spiritual awareness with natural laws to effect change upon the physical realm have begun a convergence with science. Whist this chimera of science and spirit remains controversial, one cannot argue with the fact that despite our individual identities and unique perceptions of reality, many of us are governed by collectively agreed upon ideas and concepts.

Though the expression of these collective constructs may be counterproductive or even false, often, they areembraced as immalleable and universal. These constructs may also be likened to living systems that behave as though they have a life unto themselves. Though we may not fully understand these systems, we support them as a cell does to an organ, and organs, the body. Yet when an organ is failing and the body is threatened, does it not make sense to find a curative process to eliminate this threat? Of course, not everyone agrees which method is the most effective, and in fact, the whole body may even resist the best curative efforts.

The point I'm trying to make is that human beings have adapted and revised our lives to a set of rules and standards that run counter to our long-term survival. For example, economic productivity is just one aspect of our existence; quality, density, and sustainability are just a few other descriptive systems that overlap and interact, helping to define us and the environment we live in. Under the current regimen, they are spinning out of control, unless we find ways of altering these interactions and collectively implement them into our daily lives, then through the folly of complacency, we risk losing it all. If we do act, then we will not be setting ourselves back 100 years, rather we will be preserving our place in the future. For that matter, what's wrong with a little bit of regression, I think that the continued exploitation of resources to feed the material and energy demands of our current consumer driven economy and the marketing driven psyche behind it, are completely unnecessary and unsustainable if we are to survive.

roubles

roubles

I'm lost
June 2008

JUL 07, 2008 07:24 AM

Whoops. meant to respond to Forsta.

FellOnEarth said:

Forsta said:

FellOnEarth said:
LOL, my dad used to hang with the Rosicrucians when he was a hippie in the 60's. They exist, man, open your mind! biggrin



No, he didn't. He hung out with a group of people loosely associated with the Golden Dawn and Symbolic Masonry. All of them were self-deluding and not the least associated with the Rosicrucians of the 1614 Fama Fraternitatis, which has itself been shown to be an elaborate hoax, an intellectual game based upon the utopian fever of the time. The people who wrote it didn't even mean for it to go so far.

I'll stick to well-studied history, and you can keep on getting lazy when you reach back any further than the nineteenth century.


I've no quarrel with you as to the roots of of the Rosicrucian movement (arguing over its founding upon a hoax is actually quite trivial), it mattered little to members from the older branches of the Golden Dawn or Symbolic Masonry, or the younger ones like the open source version of the Golden Dawn; all considered themselves, philosophically, to be Rosicrucian (although, traditionally, they were to refute or deny such claims).

The philosophical precepts of the movement indeed borrowed many concepts and ideas of the ages, blended into a complete, syncretistic and often contradictory, heretical alternative to prevailing convention (no matter the equally shaky or historically inaccurate origins either, mind you). To that extent, and at least historically they did exist from the 17th century onward. But as I have said before, such argument is trivial amidst the fact that philosophically they did and do exist, despite their historically inaccurate origins (to me, this is no different to Christian faith, Christians did and do exist although no definitive evidence supports that Christ actually ever existed).

Beyond that point, I think that is entirely relevant that we are discussing spiritualism in regard to societal change (although I don't exactly think it is an accurate for us to invoke the specter of conspiracy theories in reference to them). Although occult in its origins (and shared by many other movements other then just those Rosicrucian in nature),concepts of blending spiritual awareness with natural laws to effect change upon the physical realm have begun a convergence with science. Whist this chimera of science and spirit remains controversial, one cannot argue with the fact that despite our individual identities and unique perceptions of reality, many of us are governed by collectively agreed upon ideas and concepts.

Though the expression of these collective constructs may be counterproductive or even false, often, they areembraced as immalleable and universal. These constructs may also be likened to living systems that behave as though they have a life unto themselves. Though we may not fully understand these systems, we support them as a cell does to an organ, and organs, the body. Yet when an organ is failing and the body is threatened, does it not make sense to find a curative process to eliminate this threat? Of course, not everyone agrees which method is the most effective, and in fact, the whole body may even resist the best curative efforts.

The point I'm trying to make is that human beings have adapted and revised our lives to a set of rules and standards that run counter to our long-term survival. For example, economic productivity is just one aspect of our existence; quality, density, and sustainability are just a few other descriptive systems that overlap and interact, helping to define us and the environment we live in. Under the current regimen, they are spinning out of control, unless we find ways of altering these interactions and collectively implement them into our daily lives, then through the folly of complacency, we risk losing it all. If we do act, then we will not be setting ourselves back 100 years, rather we will be preserving our place in the future. For that matter, what's wrong with a little bit of regression, I think that the continued exploitation of resources to feed the material and energy demands of our current consumer driven economy and the marketing driven psyche behind it, are completely unnecessary and unsustainable if we are to survive.



I'm not at all surprised that you don't have any specific solutions or the people here apparently aren't worthy of hearing them. You speak in worthless generalities which does nothing to solve the problems at hand.
I'll offer some specific solutions.

1. The crashing dollar and soaring commodity prices can mainly blamed on the US budget deficit, trade deficit, and slashing the Fed funds rate to 2%.

The budget deficit should be reduced immediately by 1. getting out of Iraq and other foreign countries 2. A line item veto for the pork projects 3. means testing Social Security and Medicare

Trade deficit: any country with a dollar peg will have duties imposed on their products in line with the amount their currency is undervalued to the dollar. Warren Buffet proposed a similar plan that I can find if anyone is interested

Funds rate. Anytime the US Funds rate is cut below inflation, a bubble will be borne. The rate should be raised to the inflation rate with food/energy of 4%.

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