Tuesday, September 16, 2008



9/15/2008 9:23 A.M. PDT

The big news today is the bankruptcy of Lehman Brothers and the buyout of Merrill Lynch.Thousands of people will lose their jobs. Markets around the world are in turmoil. The emotional toll is already great. The fear is that things could get worse. And yet the actual cause of the problem is unrecognized and the benefits are difficult to see. This is the greater tragedy.

Human inventors have been working for centuries to develop more and better labor saving products and services. They, we, have been very successful. Isn’t it ironic that we are not laboring less?

The foundational principle of monetary systems (We live in a condition of scarcity) blinds us to the benefits that become available due to our know-how. Know-how allows us to do-more-with-less. In practical terms, everyday reality, this means that it is good news whenever we can lay people off. We don’t need as much labor to produce the same or greater results. We won! We accomplished the result!

Uh-oh, we’ve got to “earn a living”. The good news, that we don’t need all those folks who are losing their jobs, actually looks like bad news. It certainly is bad news for them. They are going to be denied full access to the life support they enjoyed when they were “gainfully employed”. Heaven forbid, that these folks have the same, full access to life support. (Actually we’re doing a great job here, on our own, we don’t require ANY heavenly help.) The potential for these folks to develop even more efficient production and delivery systems to free up (lay off) even more people will be lost. We are still blinded and enslaved by monetary systems with their inaccurate premises.The image of the dog chasing it’s own tail is apt here.

However, all is not lost, Intelligence (love) will win out. Enough people all over the planet are intuitively (lovingly) recognizing, that all of us deserve to prosper. They are freely giving of their resources, time and know-how, so that all of us may benefit. I am optimistic that the incredibly good news that we are mostly unaware of, will get out, we will recognize it, we will simply drop these cumbersome, self defeating monetary systems.

William Daniels

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