Showing posts with label Global Financial Crisis. Show all posts
Showing posts with label Global Financial Crisis. Show all posts
,

Kymatica, the sequel to 'Esoteric Agenda', by Ben and Daniel Stewart from Talismanic Idols. Kymatica ventures into the realm of Cymatics and Shamanic practices. It offers insight into the human psyche and discusses matters of spirituality, altered states of consciousness and much more! Featuring Interviews with Bruce Lipton and Henrik Palmgren.

It starts with the narrator drawing parallels between humans and the earth to help us understand that the earth is also a conscious living being and that we really are the Earth ! An amazing documentary expanding individual consciousness to higher levels of cosmic consciousness !


Definitely one of those documentaries you must watch at least once ... perhaps it will open up something new to discover ... :)


Related Posts :
,

Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States.

This documentary shows that it would seem natural that money is created by the State, and in fact most Central Banks seem to be owned by the State and run by it. I say "seem" because, to all intents and purposes, it is an apparency. They are almost constituting a "fourth power" in addition to the three legally constituted and well known "traditional" powers, legislative, executive and judicial.


When the State needs money, it does not order the Central Bank to credit some money to the treasury’s account. The State has only two ways to obtain money.

One is taxation of it's citizens, the other is borrowing from the banks. When the Central Bank issues money, this is done in the form of a loan. The State has to borrow this money, and must promise to repay it, with interest.

The same is true of course for a private person who needs money borrowing from a commercial bank. The bank is happy to loan, as long as you can show you have security, and promise to repay with interest.

How can the banks "create" money? That is a good question. Is it not the State's printing office that prints all the banknotes?

Banknotes, when they are printed, are considered the property of the Central Bank. They are not given to the State to spend, but are brought into circulation against a corresponding debt. Anyone wanting some of those notes to spend, has to "buy" them by giving up some of their credit. And in any case, most of the money in circulation (more than 90%) is not banknotes but "credit".

When you go to your bank asking for money, the loan you get is created right there in your bank. The "money" consists of figures on your bank account, and it can be spent writing checks, giving an order to transfer or drawing the cash. Banks only have to have a small percentage of their loaned-out money actually available. The rest can be paid out just by moving some figures from one account to another. The important thing to know: Money is created just by inserting some numbers into a computer.

In practice, it works like this: For every 10.000 a bank gives out as loans, 1000 or 2000 have to be deposited at the central bank. That means, if a bank collects 100.000 in deposits, it could keep 10.000 for liquid cash, put 90.000 into deposit with the central bank, and it is then allowed to create 900.000 of fresh money just by writing the figures on someone’s accounts!

In the case of the government needing money to spend, the procedure is slightly different, but the result is the same. The government has to issue papers that promise interest and repayment. Those papers are "bought" by the banks, who "sell" them to their wealthy clients, or who may also keep them, and the government gets credited an equivalent sum of money.

The irony here is that the government, who should by rights be the issuing authority of the money that circulates in the country, has to borrow the money from privates (through the bank) and that is has to pay interest for this.

Now we start to see why the government never has money, and why much of our taxes go "off the top" of the budget, towards debt service.


Related Articles :

,

The world is changing and it's all happening NOW with the Global Economic Crisis affecting the world at large. Big corporations and major financial institutions downsizing threatens to leave millions jobless by the end of 2009 ! Microsoft, the corporate giant began the year with laying off 5000 in the next 18 months, followed closely by Intel who also intend on losing 5 to 6 thousand of their employees while IBM is estimated to relieve about 16000 employees this year, a number predicted by one Wall Street analyst, the union and some IBM employees, however John Buscemi of IBM corporate media relations said that number was much too high.

The International Labour Organization recently stated that the two years of global financial and economic meltdown could leave over 50 million more people unemployed by the end of 2009 !

Texas Instruments said it will cut 3,400 jobs due to slumping demand. The Dallas-based company said Monday it will slash 1,800 jobs through layoffs and another 1,600 through voluntary retirements and departures. Nationally, Monday's toll also included cuts at Caterpillar, Sprint Nextel, Home Depot and others.

In Europe, the banking and insurance group ING said it would cut 7,000 jobs; the electronics company Philips, 6,000; and the steelmaker Corus, 3,500 worldwide.

Caterpillar, which has been hurt by falling orders for construction and mining machinery, said Monday morning that it would cull 20,000 workers through layoffs and buyouts. It said it would make "sharp declines" in overtime and eliminate scores of temporary and contract jobs.

The company said 2009 would be one of its weakest years since World War II.

Sony in Japan and Ericcson in Sweden each announced 5,000 layoffs; and the motorcycle maker Harley-Davidson said it was eliminating 1,000 jobs. Carmakers in Japan, South Korea and Europe have also cut jobs in recent months as did the cellphone maker Nokia.

"We're now into the danger zone," said Brian Bethune, chief U.S. financial economist at IHS Global Insight. "It really becomes pernicious because the uncertainty increases, corporate confidence is badly battered, and you get these severe measures being taken."


President Barack Obama cited the layoff announcements in remarks Monday morning as he urged action on an $825 billion economic stimulus package of tax cuts, emergency benefits and public spending projects.

"These are not just numbers on a page," Obama said. "As with the millions of jobs lost in 2008, these are working men and women whose families have been disrupted and whose dreams have been put on hold. We owe it to each of them and to every single American to act with a sense of urgency and common purpose. We can't afford distractions, and we cannot afford delays."

The U.S. economy has dropped 2.59 million jobs since the recession began in December 2007, and unemployment rose to 7.2 percent last month. Some analysts worry that the economy could now be losing as many as 600,000 jobs a month, and they said Monday's layoff (26th January) announcements served to underline the stricken state of the labor market.

It's time NOW to awaken from the materialistic dream we've been living and step into a new age of Peace & Oneness where all creation is seen with reverence and where corruption and greed become lessons in history from the Dark Ages ! It's the time to shift our world view ... to be the change ! Growing your own food and relying on the sun for our energy needs seems to be a good way to go this time around ...

Together we will co-create the Golden Age !


Related Articles :

,

When the world replaces reverence for all creation with greed and absolute corruption of power, nature takes it's course to bring about the renewal of human consciousness with the emergence of truth in our waking lives ! Satyam is Sanskrit means 'Truth' and finally after years of inflating revenues and manipulating accounts the Satyam founder, B. Ramalinga Raju admitted to committing Fraud stating that he is prepared to subject himself to law of the land and face consequences thereof. In the regulatory statement, Raju said that the company had fraudulently incorporated a non-existent cash component and inflated the bank balance to reflect Rs 5,040 crore (Rs 50.4 billion) as against Rs 5,361 crores (Rs 53.61 billion).

" No board member had any knowledge of the real situation. Accrued interest of Rs 376 crore in books is non-existent. About Rs 1,230 crore was arranged to Satyam, but was not reflected in the books," he said.

"It was like riding a tiger, not knowing how to get off without being eaten," Ramalinga Raju said in a letter to Satyam's Board of directors, wherein he listed major financial wrong doings over the years to inflate the profits.

I believe this is a positive step forward by the Satyam chief as he had little or no choice left but to own up in these rapidly changing times of 'Instant Karma'. The Satyam Fraud is just one of the many cases of Corporate Greed that flourish on inane laws of a quickly crumbling global financial system. In the months to come we should prepare ourselves to see the world reshape, realign itself while we consciously make choices that affect us and consequently the larger gamut of things. It's time to be the change and take responsibility of ourselves and the Planet. We are always more than what we can imagine and collectively we will make the world a better place. A world of Oneness where Duality is a lesson from the dark ages we live in today.
((((( Shine On )))))
Related Articles :

Follow Us @psychedelicadventure