Have you noticed a change in societal perceptions coming from people around the world that is identical in thought regardless of their location on the planet? What is going on here? Look at us, a world civilization; look at what we are doing to each other and our world. Our world now in turmoil with so many forms of social uncertainty, instability, and so much social violence going on, it appears as if we are headed for a global, societal “Big Bang!” A Global Social Genocide, if you will. Let’s have a bird’s eye view at the current global happenings on our planet. The world is crumbling financially through economic inflation; while at the same time our earning capacities are diminishing through the excessive governmental taxation’s we are being subjected to. This is putting all of us on a pathway leading to a black hole of economic collapse.
Across the world, (only in those parts of the planet that have not already fallen into massive poverty plagues such as found currently in Africa and India), struggling world economies are scrambling with various types of quick fix business incentives offered to the impoverished masses only to go back to the drawing table when it is discovered incentive is not enough to survive in a crumbling economy. Remember when there is a collapse of structure in anything, no tangible substance can be either created or maintained.
To be a “Proud Business Owner” used to mean just that, (having self pride as a business owner/operator), as it represented an individual that offered honest value to the consumer market thereby bringing economic prosperity full circle as it rolls through the competitive business financial structure. Yes, being a business owner was something to be proud of…. Today however, there are so many dishonest compromises related to business practices and operations that to be a business owner means that you MUST operate within the structure of those, in many cases, dishonest compromises in order to prosper.
Unfortunately, these practices usually lead to dishonest sole proprietorship market captures which charge exorbitant prices as sole supplier, therefore creating a stressful burden on the consumers as they struggle to come up with the money needed to purchase the product. This is not competitive free market enterprise. We have seen this with the big oil companies shaking hands with each other in agreement of increasing their price for a barrel of oil up 300%! Yes, I said 300%! So gas goes up here in the States to $4.00 or $5.00 per gallon, and in the UK the price for a gallon of gas actually went up past $7.00 per gallon.
How can a legitimate business owner even conduct business in this type of corrupt economic capture system and still feel proud operating the business? And we the people, in order to survive, must pay for fuel to drive to work even at the 300% price per barrel increase; while our governments offer us a 5%, quote “Cost of Living Increase.” Can we really live with a five percent cost of living increase while sales taxes have gone up to 29%, and property taxes threaten to go up higher still, even to the point that people must give up their homes and abandon ship if you will? What is going on today? Have we lost our minds? More importantly, are we in fact losing our souls as we jab at our neighbor’s livelihood in order to survive? Where is the LOVE? Go to (Part 2), “We the People, Being Drowned by the Economic Elite?” and let the light illumine your path out of this world of despair.
Thank you
Undefeated Life
Hi Dennis,
I have been reading your integrations and I have some questions? First of all, I have to say, You are brilliant…..
Secondly, your writing is so beautiful….and insightful…I am sure everyone would love it if you could share your insights as a essence blogger, or perhaps in the Neothink News.
If you think you are interested please let me know.
Thank you Dennis Your Writing Inspires me.
The Undefeated Life
I have noticed that they are complaining about “deflation”. This “deflation” is nothing more than prices going back to where they were just a year ago. You jack up the price from $3 to $5, and then cut it back to $4–and call that price cut a “deflation”. Apparently, once something goes from $3 to $5, they want us to believe it’s wrong to ever again get it for $3.
I have also seen companies that take advantage of falling commodity prices without passing any savings onto the consumers. Milk prices have plummeted on the wholesale level, but you would never know it by going to the supermarket and paying for a gallon of milk. Gas prices have tumbled on the commodities markets, while remaining near $3 a gallon or going back up to $3 a gallon.
And, this is the worst within the banking industry. I have seen savings rates at below 1% interest–CDs earning more than 2% are now rare. Yet, they charge close to 30% on credit card accounts, with 12% being about as low as it goes. They find the flimsiest pretext to impose the default rate, even if you are late with your electric bill or another bill not related to your credit card. They pay 1% or less on money they lend out at 30%. This would never happen on the free market, since either they would have to pay more for the money, charge less on credit cards, or both.
Yet, you see the stock market going up. These companies that are gouging people by colluding to keep payments down and prices up (and scare the public with deflation threats) are making record profits. And, if anyone tries to start a company to undercut their record profits, they have the unelected regulators to put such startups out of business (and even put the enterpreneurs in jail, usually on some tax issue but sometimes using environmental issues or permit snags to do this). If no existing law prohibits the new company, they make one from scratch. I think, if companies would have to compete with upstarts on a level playing field, the Dow would be closer to its fair value of zero–and stay there until and unless the Establishment starts making decent products and charging fair prices for them.