We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Tuesday, November 18, 2014

QE isn’t dying, it’s morphing

Click here to access article by Naomi Prins from her blog.

I can't say that I fully understand the argument she is making because I, like most others, don't play in this world of high finance. Thus, our ruling class play these opaque games without much fear of the hoi polloi. I leave it to those more familiar with the subject to understand and interpret where the game is heading. Prins, Paul Roberts, and many others, think we are headed for another, and far worse, economic disaster. 

Maybe this is why our Empire directors are being so aggressive in asserting their power throughout the planet. In the end, I think its clear that the value of our over-printed dollar rests not on anything tangible, but on the threat of violence by the globe's biggest bully, NATO and associated allies. It is backed by the actual use, and the potential threat, of violence made possible by the Empire's 1000+ military bases scattered throughout the world.