Sunday, 30 July 2017
Under New Management
How does the world operate Under New Management?
Not by profit-making, I'l tell you that right now. Which is, you must understand, merely a concept. It only exists in our minds; is not a law of physics.
This business of interest-bearing money on the one hand and fractional-reserve banking on the other is well past its use-by date. Some examples of the sorts of corruption that are going to be wrung out of the system, of sharing goods and services with one another:
* Short-selling on the stock market.
Examples abound. From the relatively small - Chipotle food poisoning - to the really outrageous:
+ 9/11. There was a fair amount of 'insider trading' going on there, with some people making huge amounts of money short-selling stock of the airlines involved. Obviously with advanced knowledge of that caper going down. And as well with Silverstein, and his purchase just two months before of a large amount of insurance on the buildings (with a big problem with them regarding asbestos, which would have required extensive reconstruction of the buildings; not a normally intelligent investment, Larry), including covering terrorist-style damage. (Including suing for double damage, because, hey, there were two buildings thus damaged; right?? And let's not talk about the third one; right???...)
+ The Gulf Oil spill. The company involved took out a huge insurance policy just before the blow-out. Plus, some insider investors made a fortune on short-selling their stock just before.
Hell, I could go on, and on, and on, in this vein of obscene corruption, occasioned by treating 'money' - and the accumulation thereof - as an end in itself, rather than as merely a convenient means to another end: that of living together, on this beautiful planet, as a gift from God. But I'll close with just one wrapping-up comment:
Martha Stewart: You deserve your time in prison back.
At the least until things are set to rights in this country.
Any time, now.