Meltdown: It is the Jewish system that is under threat
It is widely acknowledged that Jews are getting the blame for the economic crisis, whether the Jews are to blame or not, it becomes de facto reality.
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If I could vote for an Islamic ruler I would!
I wouldn’t pray, and wouldn’t go to a mosque, but when i look around now, at the perverseness of our society, I think anything would be better. Crime and perversion have become bold flags of pride.
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A famous psychologist Eric Fromm discussed alienation in the concrete jungle, and now it is all happening on the back of fundamentalism and deflation. That is pretty depressing…
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The Credit crunch was encouraged in order to deprive the oil producers of money, but even with all sorts of agreements with other rulers, The Russians, Chinese and the Gulf states. The people were forgotten. Suddenly Marx’s prophecy of the underprivileged rising sounds plausible. And isn’t time moving fast!
The 9/11, the war on terror, the hate the Muslims, all of it is coming home to roost!
These forces were driven by fundamentalism. Which is a little strange because I always thought Western Jews (Ashkenazi) were at the top of the totem pole. And Western (European) thought is all about reason and rational thought, and indeed communism and socialism came from Europe, along with Democracy and Republicanism. Yet we have ended up with a few billionaires, and a lot of people quoting the Bible.
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Blood is thicker than water they shout. That actually is not very enlightened. First of all it is true, there is no need to wage wars to prove it. Secondly, it is more of a challenge to go beyond that, and to feel for nature and the Universe.
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But in a Fiat Money society, where everything is devalued into paper denominations, life itself is becoming a commodity. And feeling for one’s fellow man does not mean giving them some rubbish to sell. But this is the best our system can provide.
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Globalization is dead at birth, everywhere people are disenchanted, it has wrecked havoc on farmers everywhere. At least farmers should be spared globalisation. We could then again have a diversity of foostuffs, instead of export crops.
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Our monetary system is collapsing before our eyes. It was driven by fundamentalism, that wasn’t apparent but then those in power make sure they are not apparent.
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Banks stock is diving:
(Reuters) – Shares of U.S. banks fell on Thursday. Highlights:
* Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 25.5 percent to $4.77
* Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 10.6 percent to $11.68
* JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 18.5 percent to $23.21
* S&P financials index .GSPF falls as much as 8.5 percent
* Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 11.1 percent to $49.00
* Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz) shares fall as much as 12.2 percent to $9.00 Source
No longer can everything be put into monetary values. A person’s right to a roof and food is beyond the free market.
While the fundamentalist belief in family values allowed people to insulate themselves from the rest of society, because they knew they were being responsible to their family, this allowed people to go crazy playing monopoly.
A run on a San Francisco food bank
People lined up for food last week at one of the distribution outlets supported by the San Francisco Food Bank. The food bank’s managers fret that they won’t be able to keep up with demand despite improved fund raising.
The line stretched out the building, up the street and past the fire station. They walked away with boxes filled not with money but vegetables, fruit, pasta and juice.
As the economy sours, the nation’s food banks are struggling to feed a surge of Americans worried about finding their next meal. The challenge remains great even in the face of significant infusions of assistance from corporate America. On Wednesday, Wal-Mart Stores Inc. began offering food banks food from its stores nationwide and also boosted its cash contributions, while Wells Fargo & Co. is expected to announce Thursday an increase of its donations to food programs. The two companies expand a list of recent high-profile cash donors to food programs…. Source
Gold is up more than 50$ an ounce today!
Is it the beginning of the skyrocketing everyone has been waiting for?
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The graph on the your right is the real time price. On the left is the time of this post.
The live graph stops working over the weekend |
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The money system is society’s greatest dispenser of justice or injustice. A good one functions fairly, helping create values for life. A bad, unjust one obstructs the creation of values; gives special privileges to some and disadvantage to others causing unfair concentrations of wealth and power; leading to social strife and eventually warfare and a thousand unforeseen bad consequences – physical and spiritual. . . Source
