Tuesday, July 20, 2010

We love the gore of human tragedy


Online and traditional news is totally cluttered with the filth and stench of human frailty and fallen state of existence. Personally I am real tired of filtering through the "news" items related to Mel Gibson's latest cellphone tirades to his new ex girlfriend over custody of his EIGHTH child. Why are people like this even HAVING children? Especially with the equivalent of what I deem a high priced Russian call girl who also has a child by actor Timothy Dalton. Why do I even know that level of detail about these strangers? I know more about them than my immediate family's personal lives. How sad.

Unfortunately there is obvious appeal and strong drive towards voyeurism within our human race. It seems easier to "live through other people" than to live our own lives and adventures. I think perhaps it has a lot to do with guilt and self denial. We humans have created so many rules and regulations for living that we can only find pleasure and lust in voyeuristic activities. It is safer and more satisfying for many people to watch porn than to have fulfilling sex lives of their own. And these little people we call "movie stars" play the game by pushing their drivel and personal lives on us as if we are a grand virtual audience intent upon watching their every move...or eaves dropping on every digital conversation.

Then again I have to realize that this is just another version of old habits in humanity. Society has hung for centuries on rumors and manipulation of class differences. The rich live in their own clusters/communities comparing who has what and who's "zooming who" while the poor lap up all the soap operaish fables of the poor maid ending up with the rich land baron or doctor. It sometimes happens, but mostly on TV. Now all of this is pushed to us through media and the internet...all connected by computers and cellphones. A growing number of people are addicted to their "Blackberries", unable to disconnect from the drivel for even a one hour business meeting. It quite honestly drives me nuts as I still try to do business by meeting people face to face...and I can't compete with the new i-phones for keeping people's attention and focus. Nope...I still don't have an i-phone or blackberry PIN. For the first time in technology development I am dragging BEHIND the curve because of the fear of affecting my lifestyle and tranquility each day. Plus, it is just another way that Mel and Oksana can push their way into my daily consciousness.

Monday, July 12, 2010

Heavy thoughts from the philosopher Hegel


I have been discussing, debating, what have you with a network of people on facebook today who are up in arms regarding the current conflicts between the government and the syndicates here in Panama. Personally I see these conflicts as a small example of what I believe is coming in a much bigger way in much of the first world during these tough economic times. As irrationality, desperation and unconstitutional actions on the part of both governments and citizens becomes the mode of the day...chaos and revolution are just around the corner.

One of my favorite philosophers studied way back in college was Hegel. These quotes I came across today are what Hegel might have to say on Panama’s (and maybe USA’s) current government and cultural crisis;

The State… is mind objectified. The individual mind, which, on account of its passions, its prejudices, and its blind impulses, is only partly free, subjects itself to the yoke of necessity---the opposite of freedom---in order to attain a fuller realization of itself in the freedom of the citizen. This yoke of necessity is first met with in the recognition of the rights of others, next in morality, and finally in social morality, of which the primal institution is the family. Aggregates of families form civil society, which, however, is but an imperfect form of organization compared with the State. The State is the perfect social embodiment of the idea, and stands in this stage of development for God Himself. The State, studied in itself, furnishes for our consideration constitutional law.

A peaceful revolution is also possible...when the changes required to solve the crisis are ascertained by thoughtful insight and when this insight spreads throughout the body politic. If a people can no longer accept as implicitly true what its constitution expresses to it as the truth, if its consciousness or Notion and its actuality are not at one, then the people’s spirit is torn asunder. Two things may then occur. First, the people may either by a supreme internal effort dash into fragments this law which still claims authority, or it may more quietly and slowly effect changes on the yet operative law, which is, however, no longer true morality, but which the mind has already passed beyond.

Revolutions take place in a state without the slightest violence when the insight becomes universal; institutions, somehow or other, crumble and disappear, each man agrees to give up his right. A government must, however, recognize that the time for this has come; should it, on the contrary, knowing not the truth, cling to temporary institutions, taking what — though recognized — is unessential, to be a bulwark guarding it from the essential (and the essential is what is contained in the Idea), that government will fall, along with its institutions, before the force of mind.


I for one truly hope reason and the power of the MIND overcome those who simply want to use violence and destruction in a vain attempt to get their way. That goes for both sides of the conflict...

And you thought Colombia was dangerous?

As I do business, travel and have family in Colombia...I am continually asked "isn't it dangerous there?". I had two people send me news about killings of 6 people in a bar in Medellin, Colombia last week. While I do not know all the circumstances behind those killings, I couldn't help but wonder how that somehow "proves" that life is dangerous in Colombia. As I have been explaining to many people in recent years, crime statistics are rising more in North America than they are in places like Colombia. Why are so many worried about Colombia and not the danger in their "own back yards"?

Here are a few interesting clips of the past few days that I think illustrate my point of where danger lies...a job site in New Mexico, a hospital in Tennessee, and restaurants in both Miami and Los Angeles. I maintain my claim that I sense more danger of violent crime in my own country than I do in Colombia or Panama. "Madness" tied to a gun unfortunately happens just about anywhere in the world these days. I will not allow this reality to keep me living in fear inside my own home...wherever that may be.







Sunday, July 4, 2010

E PLURIBUS UNUM


Happy July 4th to all my fellow countrymen. Today is a day that I usually like to spend in the USA though this year I am unable to. It is a time where we Americans are typically more united...at least within our families and communities. There are parades, hotdogs and beer, a celebration of summer, and in most cases reminders of the costs of our independence over the centuries from tyrants, dictators, rulers and terrorists via military actions. This day usually is the most PATRIOTIC of all days in my country.

A friend sent me a card today featuring the "Great Seal" of my government which features the message "E PURIBUS UNUM", which for those of us who never studied Latin or recognize the roots to our English language basically means "Out of many, one". I couldn't help but catch some of the irony of that motto in light of current events and political sentiments.

This motto is the core of my faith and belief in the concept of "The United States of America"...and extends to my new sense of globalization and its challenges. The challenge of this motto also is at the core of our global crisis regarding military and economic wars that quietly undermine the truth of the motto. Until the MASSES understand those things that unite and divide the human race, there will forever be conflict, mistrust and competition for domination one over the other.

Right now in the world I am seeing the "many"...but I an not seeing "one". Even in this day of supposed enlightenment, instant connectivity via technology and communications globally, and increased capacity at least until recent times for individual travel to foreign lands...we seem to have little increase in understanding and global unification over the problems that face us. The fundamental problems of this are ones that I often write about in this blog and are some harsh realities that few of us relish contemplating.

Even in our enlightened times, we have little understanding or acceptance of DIFFERENCE and diversity. At the core of our humanity we have somehow been conditioned to believe and focus our identity on our differences and "uniqueness" versus our commonality and shared values. Our humanity continues to be defined by our race, religion, political views, class backgrounds and educational opportunities. Various schools of thought lead to varying viewpoints or definitions of our realities...and it seems the more we know the more difficult it is to KNOW for sure. If we all had the same knowledge, understanding and experiences, it would be much easier to have peace and unity in our times. Unfortunately that is not the world we live in.

If I could write an open letter to the leadership and general population of my country on this subject...here are a few things I would plead:

Being united does not need to mean mutually dependent. Nor does being "independent" mean you are not united. We Americans need to remember the positive values that made our country great and grow...creativity, work ethic, family values and yes...a strong DEFENSE. We also need to remember in balance the bad things we have done historically which continue to haunt our society...slavery, the wiping out of indigenous inhabitants, and more in the last century the loss of fundamentally sound economic practices.

To be truly independent as a nation and as individual citizens, we must re-educate ourselves to "take care of ourselves". It is VERY evident in these times that governments are NOT able to take care of us any better than we are able to take care of ourselves. Socialism is a dying, unsustainable system. It is fundamentally flawed. We must get back to the fundamentals of individual sovereignty, taking care of OUR OWN (at family and community levels) and taking PRIDE in our independence versus how much we are able to rake the system for.

Democracy and "independence" may be mutually exclusive. Democracy only works if the MAJORITY are for individual sovereignty. If democracy is all about the majority lording their ways over the minority or living off the "minority"...then there will never be peace and tranquility in this kind of system. To maintain our dignity and independence, we must turn the pyramid of governmental dependency and bureaucracy "right side up" where the individual is at the top supported by the large base at the bottom, versus the weight of government and bureaucracy weighing down and smothering the individual at the bottom.

Most fundamentally for our unity, we must have equal ECONOMIC OPPORTUNITY for everyone within our country...and then extend that concept to global responsibility and equality. In general, our global government institutions continue the trend of raising taxes and building bigger bureaucracies to "take care of the people"...but more realistically this acts as a few controlling the masses and protecting the corporate elite. While I don't believe socialism or collectivism works...without some sense of human responsibility of man helping man...our civilization is doomed, especially in this era of weapons of mass destruction. Yet...this was never a concept that "government" was designed to "do" in place of humans. The majority now wait for "the government" to do something in the event of disaster or depression or international conflict. Few of us take any matters into our own hands anymore. We don't want the "responsibility"...and most of us feel helpless in light of the huge institutionalized approach to this from governments and religions.

I also realize the "opportunity" cannot be forced on anyone. The reality is "you can lead a horse to water but you can't make him drink". If the horse doesn't drink, it will die. If people don't wake up and drink the water of productivity, education and good values...they will perish as well...either by starving to death or by being crushed by the very institutions they thought were going to take care of them.

Finally, we must realize that Pluribus Unum is more about actions than thoughts. As we are seeing during this month of soccer's "World Cup", patriotism and national identity are still alive and well in today's world. It is good that we humans are proud of our identities and cultures. Yet, the reality of these games is another allegory to life today. Some of the great dynasties of soccer such as Brazil and Argentina are out of the running...while some of the small emerging countries like Paraguay and Uruguay are playing harder and more united. One "star" on a team is no longer enough to win at the world stage level. Belief in a "Maradonna" is not enough to carry you to the top. It has now become evident that the team that is most united and having the best "game-plan" as well as fundamentals has the best chance of winning. I believe we will see this play out in the economic playing field of the world as well.

I am very concerned for my country in this regard. We are NOT at the top of our "game". Most of us are waiting for someone else to win it for us. Some of our "coaches" need to be replaced. Instead of bringing strong players down to the level of the rest of us...we need to bring the weak players up to STRENGTH. Most of us players in the system have lost our "fundamentals" of productivity and managing our resources. We are also still allowing ethnicity and belief systems to be our litmus test of who is "American" or not. Until we unite on all fronts in America...Republicans, Democrats, blacks, whites, Jew and Gentile, Arab and Latino, Christian and non, male and female...our team will not excel on the world stage. Instead of being defensive, protectionist, or living on the laurels of our past accomplishments...we need to excel NOW and for our future expectations. This will not happen until we truly experience E PLURIBUS UNUM.

Let us live the reality of "Independence Day"...

Thursday, June 17, 2010

A shadow of doubt keeps us humble


I have a new saying... "A shadow of doubt keeps us humble". The older we get, the more info we get, the more we know we don't know. If everyone in the world from the most intellectual to the least would get a little less sure of themselves and the answers, it might be easier to get to the actual truth.

I guess this comes from watching too many spin news programs...which is most of them anymore...and observing too many world conflicts over "theological" belief differences. Everyone is sooo "cock sure" of themselves based on traditions and "emotions"...which any student of history knows changes with each decade and significantly over centuries. How is it that people who have lived in this world only 20-30 years can be so sure about everything on Gods good earth? I know I was more sure of more things in my 20s than I am now in my 50s.

I admire the process in life of taking a stand and trying to defend it. I admire standing up for "yourself" and what you think. Yet, it is dangerous to take our positions to the level where we are willing to die for our "beliefs" or worse yet...kill another soul because they don't agree with us. This is the world we live in folks. Thousands are dying needlessly every week because they hold on to truths that are not so "self evident". Whether it is believing in some religious "jihad" or believing that some land or territory was yours and "your peoples" in perpetuity...or continuing to live in some inhabitable place like a flooding riverbed each year or the middle of the desert...these habits and thoughts can be life threatening.

You cannot "win" an argument with someone who has a closed mind and false absolutes. You cannot find middle ground and live with diversity if there is no respect for difference. You cannot have peace in this world if you think yours is the only way.

Ever since a discussion I had on my December birthday with two friends...a Jew and a Muslim...I have become more convinced this year that the key to peace in the world is HUMILITY. I know, its not one of MY best traits...but I admire it in others. Even some of the best minds I have known or read are often times brutally honest about their limitations...what they don't know.

When it comes to negotiations regarding the worlds differences on global issues, I think it is pointless to send someone to negotiate on one's behalf who is extremely opinionated, haughty or inflexible. While society sometimes sees these people as "strong"...I think usually these people are covering up great weaknesses of position. Pretenders are always "found out"...at least in time.

Those of us from America tend to be a proud lot. We have a lot to be proud of having built quite the empire in such a relatively short time in world history. Yet, I fear our pride has brought us to a point of blindness...blindness to our own faults and weaknesses. Blindness to how our words and actions are construed by other cultures. Many of us don't care enough to study or look at a "foreign" point of view. We are very sure we have the best of everything...and no one can tell us anything. This kind of mentality very quickly finds itself without friends. I fear that my country is slowly but surely becoming very isolated on the world stage in many ways.

I continue admiring the writer of Proverbs who had a few interesting things to say about "pride":

Pride only breeds quarrels, but wisdom is found in those who take advice.

A soft answer turns away wrath...

A man's pride brings him low, but a man of lowly spirit gains honor


While the world media continues to perpetuate a "Rambo" type mentality when it comes to overcoming conflicts...kill the "enemy" first and ask questions later...I prefer a movie role model like "Dave". If you've never seen this 1993 comedy-drama, it is very well done and has many themes that fit into what I am trying to express here.

"Dave" is a simple ad exec who looks almost identical to the President of the USA. The President is an immoral man who has a severe stroke while with his "mistress". Instead of passing the baton to a supposedly weak "Vice President", the powers around the President bring Dave in to play the "role" of President, hoping to control him and "the situation". Dave ends up being the moral opposite of the actual President and begins fighting against the power grab of the administration and "doing the right things".

While it is a funny, well written and acted movie...the core message to me was that power and corrupt minds do not rule or lead with morality. The ego, pride and "need to win" supersedes the rationale of every decision made. Selfishness is at the core of negotiation, and we humans are suckers for following the "Rambo" types. We always want someone who is going to fight our battle for us. We want someone else to protect our way of life and belief system...even if some of that system is suspect. We don't want to examine it or know about it. We just want to be on the "winning" team...often times without merit, and not necessarily on the side of morality.

I would suggest that whether it is on the grand stage of political or corporate battlegrounds...or in the simplicity of our own homes, families and businesses...a little humility can be a very helpful thing. A wise person can step outside of their own presuppositions and think from another person's perspective. Very few people are able to do that in my observation. If I have to choose someone to represent me on the world stage or even chose as a friend...I will take "Dave" over "Rambo".

Friday, June 11, 2010

Efficiency as the Enemy of Opportunity














Planned obsolescence, increased bureaucracy, and half truths/half lies seem to be the hallmark of modern governments and global corporations. Just look at the current catastrophic disaster of BP oil in the Gulf of Mexico as a latest example of high level finger-pointing, empty apologies and lack of initiative or concrete results.

In my years of observing or participating in large corporate initiatives as well as some governmental ones...my biggest struggle has always been understanding why "more always seems to be better". If we just had more people on a project or problem, we would be able to accomplish our task better. If we just had more money we would be faster and happier about our results. Even more destructive has been the tendency to stay with the "status quo" because we had such a successful year or quarter last. We humans seem to always forget that "change is the only constant thing in life" and if we don't keep up with "change", it will eventually roll over us.

I was discussing with a colleague this morning the knowledge we share about inefficiencies in government IT systems here in Panama. For such a small country and government, they sure have a high level of government employees and disparate systems that those employees work with on a daily basis from many separate agencies and "fiefdoms" within that government. My friend summed it up best when he said "for them, efficiency is the enemy of opportunity".

In organizations such as these, you tend to have a large number of under-educated, under achievers whose job security is dependent on keeping everyone underneath them in the organization as a "subservient", obedient staff member. Most organizations these days, whether governmental or corporate, seem to emphasize being a "team player" and "all for one, one for all". While some aspects of that mentality can be helpful to the strength of an organization, if there is no level of competition or individual creativity allowed within such organizations...that organization will always be stuck at a very mediocre level of excellence and growth. The typical mode of large organizations is everyone covering their own a-- instead of truly identifying limitations or weaknesses "within the team" or admitting they themselves are in over their heads.

It has been my observation that most managers or leaders in such organizations hire people underneath them who are weaker or less knowledgeable than themselves. In most cases, when they ask "are you a team player", they mean "are you willing to follow orders and keep your own ideas to yourself?". Patronage in these organizations is much more important than productivity or ingenuity. The "squeaky wheel" might sometimes get the "grease", but more often than not it "gets the axe". That is the message workers get in large systematic organizations. People who get too creative, or too "smart", or get too much attention...well, humankind just loves to bring people down to a "common" level. How else can you explain the headlines everyday of Tiger's marital woes, Linday Lohans alcoholic ankle brace mandated by the courts, or Paris Hilton's sex tapes? We are much more interested in the misfortunes or weaknesses of others than we are the positive talents or traits that these same people have in balance to their weaknesses.

Basically, the system is the system because a majority of people support it. They support it because most of them "live off of it". The sheep don't want to become the focus of the "big bad wolf", so they just try and blend in and not get noticed while they collect a paycheck. Meanwhile, the wolves survive nicely off the fear and trepidations they have instilled on the sheep. They definitely do not want to share their power and money with those coming up who might challenge them, or want a piece of "what is theirs". They see no "opportunity" in allowing more efficient people, ideas or products rise to the top of their particular service or profession. This creates a nice mediocre world...and supposedly takes risk out of the equation for a majority of the sheep. Nothing is to their credit, but also nothing is their FAULT. Responsibility and decisions are always pushed up or down the chain, depending on which excuse is most applicable at the moment.

Here are a few modern day examples in my mind on this phenomenon:

There have been engines engineered decades ago for cars that could get 100 miles per gallon of gas or more. Profitable oil companies and combustible engine manufacturers have often been able to either buy out the new technology or influence government bureaucrats to limit the licensing or production of such technologies. Efficiency affects THEIR profits.

Flat taxes - a majority of people in the world probably support simplified and flat taxation within their various systems, yet no one really runs for office or speaks out against high and laborious governmental tax polities. To take out certain tax entitlements or even simplify tax code would cost thousands of jobs in government and the accounting industry...let alone lawyers. Is it any wonder all the attorneys we elect to public office have no interest in simplification of tax codes? THEIR opportunities for income due to complications would be too limited.

Employment laws - While a majority of us would support fair employment laws and practices and see from time to time a need for labor movements of unification against unfair practices...this mentality throughout much of the world has swung way over to the side of hyper activism and mass manipulation. It seems to now be labor's primary goal to take "competition" out of the marketplace and replace it with unrealistic job guarantees and pay guarantees...regardless of what is REALLY happening in the economy or a company's bottom line. While there was a day when unionists were on the right side of morality...it is my observation that most of them now solely exist to #1, collect dues from the masses, and #2, always strive to get more for less. The antiquated employment laws here in Panama and throughout much of Latin America truly holds back progress in education, service and productivity and keeps the region's workers well behind the curve of production, efficiency and economic growth. It is programmed mediocrity and disincentivization of excellence. I see this as one of the most pandemic cultural diseases of the past 50 years throughout much of the third world.

Technology platforms - I see many technology platforms (such as Microsoft) that by their pure size and market penetration have little pressure to maintain "efficiencies". Historically Microsoft and a few other commonly known technologies have had the most issues with security breeches, clunky buggy applications and unreasonably expensive updates or license renewals. Much like the automotive industry example, when you hold 80% of the personal computers hostage with your platform...you can afford to snuff out innovative competition or the "better widgit".

Pooling tips - Another example I see in Panama every day is the culture of "pooling tips" in the service industry. Someone told me there is or was a law stipulating this by necessity. This means that when you tip a waiter or other service person for good service, they have to share that in the common pool of the business and everyone shares equally...sometimes all the way up to the business OWNER! If everyone was at the same level of efficiency and training...that might not seem a bad idea among staff. In reality, this culture breeds lethargic and unmotivated attitudes and mentalities. I am sorry to have to be so brutally honest, but Panamanian service is in most cases an "oxymoron". I am quite convinced it is for the lack of motivation and personalized reward for excellence on a cultural level.

Privatization of social security and pension funds - Over 30 years ago I studies the rudiments of the USA social security and pension fund laws and guidelines. Since then there have been periodic movements to privatize those funds and allow the citizens to direct or manage their own contributions. Of course, the reality is that this would totally eliminate entire sub industries to the huge bureaucracy that has become the "Social Security Administration". According to wikipedia,

"The agency includes 10 regional offices, 8 processing centers, approximately 1300 field offices, and 37 Teleservice Centers. As of 2007, about 62,000 people were employed by the SSA. Social security is currently the largest social welfare program in the U.S., constituting 37% of government expenditure and 7% of GDP".

If you privatized such a program...what would become of most of those 62,000 securely paid employees and bureaucrats? And if the Federal government could not raid those resources as they OFTEN have in the past 60 years...what would the Federal deficit REALLY be? If you want to understand the truth regarding the "Security" of this system, there is lots to read and validated links at wikipedia related to the "Social Security Trust Fund". One short quote for illustration...

Some in our country think that Social Security is a trust fund -- in other words, there's a pile of money being accumulated. That's just simply not true. The money -- payroll taxes going into the Social Security are spent. They're spent on benefits and they're spent on government programs. There is no trust.


The bottom line here is that this system has been one of the biggest, most inefficient programs of national interest in the history of the modern world. It has given government leaders the "opportunity" to cover up their multitudes of budgetary sins and voodoo economics for decades. Yet, as we now enter the "boomer" age with more and more people living off these funds that aren't there in addition to a reducing number of high income jobs from younger people paying in...there WILL be a day of reckoning. The math is the math...and eventually the "Wizard of Oz" gets discovered.

If we don't get some of these opportunistic governments and industries out of the public coffers soon...it will be way too late for "efficiency". Other people's "opportunity" has been we the peoples "loss". I'm not counting on that check when I reach that qualifying age.

Sunday, May 30, 2010

One World Currency

















I have been revisiting the theory of "one world currency". As we watched Iceland and their banking/currency system completely melt down last year, and now watch Greece, Portugal, Spain and Italy governmental debt completely drag the Euro down almost 20% against the Dollar...one has to consider the fundamentals that are causing these significant gyrations.

There is considerable chatter that the Euro's ills will soon spread to the dollar. This to me represents serious economic vulnerability of the west against the east since the stronger economies/currencies (debt-wise) of Asia, India and even "Middle East" factions are increasingly in a position to attack the economies of heavily indebted nations like the USA and many of the European Union. Future wars will be fought more with "cyber terrorism" and quiet economic attacks than bombs and missiles. I find myself agreeing with those that say the damage done to the USA on 9/11 by Bin Laden and company was more about undermining the USA economy than taking physical American lives...and it would seem they succeeded tremendously on that front when you look at the last decade of economic results in America and Western civilization.

As a market oriented person, it has always been apparent to me that nations who trade together don't go to war against each other. Economic and money ties are at the core of our global society. Many families worldwide marry into other families based more on economic parity and power than for "love". As globalization spreads in its irreversible dynamics, global corporations and their financial powers control more of the political and social agendas of the world.

In the midst of this significant reality of globalization, you have "States" continuing their striving to maintain the values of their individual currencies and "Central Banks" primarily chartered to preserve value and integrity of their various paper currencies. When currencies were first issued in the world they were based on solid reserves of commodities...basically gold. Hence, only a little more than 130 years ago there was a "gold rush" in America since at that time everyone was aware that Gold was worth much more than worthless paper. The underpinning reasons for the "Conquistador" era in Latin America was the thirst of Spain, England and other then empires for the gold that still proliferates in regions of Colombia, Panama and other Central/South American regions.

As I now observe many shrewd financial people in my circles investing and profiting with gold the past number of years...it seems quite evident that change is coming. The global economy can no longer sustain the gyrations and false valuations of sovereign currencies which are constantly waylaid by their government's continued spending and printing of more and more worthless currency to match their consumerist palate. Governments as large as the USA are fighting a winless battle as its Federal Reserve continues manipulating the numbers and interest rates in order to control that which is uncontrollable. There will come a day when all this manipulation will force everything to a head where international powers and money will require a day of accounting. At that time of accounting, I believe you will see everyone starting to fall under a one world currency and adjustment of valuations in all currencies. This is the only way at some point global trade will be able to maintain itself. Eventually you have to take the currency/money power out of the hands of short term, short sighted politicians who produce nothing and spend everything...and hand those reins over to a global system of valuation for exchange. Just think of the wealth that can be saved just by getting rid of all these false systems/currencies...and various mintings of worthless currencies that consume billions each year that would better go towards paying of national debts or feeding the hungry. Better yet, get rid of all these various banking bureaucrats who continue to play games and manipulate currencies falsely...protecting their banking "buddies".

Now, I know these ideas bring great fear and anxiety to those with apocalyptic belief systems. Many Christians believe that Biblical prophesy predicts that just before the end of the world as we know it, there will be one world leader who will forge a one world currency and cause everyone in the world to have a "mark" to identify them. It is assumed that those who "accept" the mark will be unbelievers and miss out on the new world to come. Many religious sects have formed around these mysterious Biblical prophesies and I'm sure "one world currency" will be rejected by millions purely on this religious belief. Yet, I would point out that the current economic system is very contrary to original Judeo Christian ethics when it comes to debt and uses of "mammon" (money). How can a one world currency based on globally agreed upon valuation of representative currency be more "evil" than the systems and use of money we currently have?

Much of the Bible is based on Mosaic law about economics and use of money. It is actually one of the most prolific subjects in the Bible after "love". The Talmud is full of detailed instruction on money, debt, etc.. People are often critical of Jews and their historical proclivity towards accumulation of wealth even as a small minority race/nation. Yet, one can't argue with results...and I think much of their economic success over the millenniums have been about their base of fundamental economic principles that the rest of the world could use more of.

When I was young, I read in impacting book called "Productive Christians in the Age of Guilt Manipulators" by David Chilton which was basically a theological response to Christian "socialist" thinking of the 1960s-70s...the practice of "economic equality". I currently have this book in downloaded, digital form if any of you might be interested in it.

Some amazingly poignant quotes on money systems are as follows (remember, this was copyrighted 30 years go...)

(Pg 41-42 digital, 34-35 print version)
Historically and biblically, gold and silver in particular have served as money. The important thing to remember is that money is a commodity in itself. Gold and silver emerged as media of exchange precisely because they have always been the most marketable goods– in other words, they can easily be exchanged, again and again, for other commodities. Money is not a measurement of value (there can be no measure of value) or of wealth. Money does not “represent” wealth. Money is a commodity, a good, a form of wealth.

Dishonest governments have always hated this fact, because it prevents them from controlling money and society. “Hard money” is a strict limitation on a government’s ability to grow beyond biblical (moral) boundaries. For this reason, governments have sought to have a monopoly as the sole suppliers and regulators of currency. This enables government to go into the counterfeiting business, whereby it can debase the currency (by mixing the honest gold or silver weight with dross) and create as much “money” as it needs. This has happened again and again in history. It is forbidden by the law (as in the passage cited above; see also Proverbs 11: 1; 20:10, 23) and the prophets (Isaiah 1:22; Amos 8:5-6; Micah 6:10-12). This is an absolute biblical prohibition against inflation, which is a dishonest increase in the supply of money. Counterfeiting is condemned by Scripture, no matter whether it is done by individuals or governments. Inflating the currency is theft, for it reduces the wealth of everyone who does not have access to the “new money.” Prices rise in response to the addition of new currency, and those who are last in getting the newly-created money inevitably lose.

(Pg 162...print version, 198 digital)
"The factional reserve banking system can work against any group, depending on which group succeeds in gaining access to the newly created money first. For example, if the Federal government runs, a massive deficit — if! ! ! (a little humor)- and the Federal Reserve Board steps in and buys a portion of the government’s bonds by creating fiat money, the government will spend the newly created money in subsidizing its patrons. If this should be welfare recipients or Social Security pensioners, then these groups can benefit temporarily (at least until inflation destroys the value of the currency, not to mention the social order). Those
hard-pressed middle-class people who are on tight budgets may not choose (or be able) to indebt themselves. Thus, they see their savings go down the inflationary drain, while the poor, who have no savings, maintain their living standards by means of their ready access to “indexed” welfare payments. They get the fiat money first, spend it before it depreciates, and leave the middle class businessmen and families holding the bag-the “bag” being a savings account, or pension program, or annuity, or cash-value life insurance savings full of worthless paper money.

Under fractional reserve banking, which is universal today, it pays to be the favored group which gets access to the fiat money first, before its purchasing power deteriorates. We can expect class war eventually, such as Germany experienced in the years of mass inflation, 1921-23. Everyone wants to be the favored person in the race against price inflation, which is in turn caused by monetary inflation. Thus, by looking at the short run, and voting for a debt-based monetary system, today’s middle-class voter is sealing the doom of the social order which has permitted the economic benefits to flow to the middle class — a social order based on voluntary exchange, contract, social peace, and honest money. Ignorance of economics, when coupled with envy, and motivated by a false sense of guilt, can produce a devastating social crisis."


Now, while I hold many of my money and political views on reasons other than religious beliefs...it helped me immensely 30 years ago when I read this book to form some of my foundational philosophies on money and political systems from a morality position.

Finally, I point you to this recent article by Jim Sinclair, a precious metals and commodities specialist who predicts a world currency sometime this next decade. The results according to Mr Sinclair will be:

1. Gold will progressively lock price-wise in the inverse to the SDR or similar item.

2. An exchange will soon begin to trade a virtual SDR or similar item just as they trade a virtual dollar as the USDX or virtual gold as a paper gold.

3. The USDX will become redundant.

4. The ability to pay off the debt of previous reserve currencies with market de-valued paper is facilitated.

5. Currencies as a whole will decline.

6. That decline will be the SDR versus the gold price.

7. The method of attacking a currency is inherent in attacking its debt.

The answer is simple even though the problem is complex.

Reduce all your currency positions into strength. Buy gold in all its forms other than US or Euro based in weakness.

Gold will trade at $1650 and above. The US dollar continues its march in phases towards worth-less and worthlessness.


Based on these understandings...it seems to me we could do far worse than to establish a new world currency system that take individual governments and politicians out of the system of economic controls. In my opinion, this will help us stabilize our world economically and totally end around the aspect of economic "wars" and false manipulations of currencies to support disastrous money policies by little people in high places.