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depression

Occupy Wall Street

  Evidence Of Our Human Spirit The upheaval that our world is experiencing is a sign of the human spirit behind our culture, and that has been the case in every place in every time. For those who study history, the condition of the United States in our time is no surprise. It happened in Rome. It happened for the British Empire. The fall of every empire was presaged by the increasing disparity between the haves and the have-nots. When we comprehend how dire the state of the economy is, the impact on our lives can feel chaotic. The wake-up calls that are pulling us out of our sleep can feel shocking, dismaying, and depressing. It is no wonder that many people are afraid. Historically, chaos has meant that things aren’t working. But humanity is resilient, and within chaos resides our capacity to open up into something new. In Thus Spake Zarathustra, Friedrich Nietzsche said “I tell you: one must still have chaos in oneself, to give birth to a dancing star.” We can see evidence of this capacity in the Occupy (Wall Street) movement, which has as of this writing has 2,668 occupy communities spread not just around the United States, but in more than eighty other countries as well. Note 10 People want a voice and they want change. Matt Taibbi said this in the November 24, 2011 issue of Rolling Stone magazine: ”Occupy Wall Street was always about something much bigger than a movement against big banks [...]

Concentric Circles of Recession

We Are Not Out of the Falling Bubble Woods Yet. I heard a joke the other day, that might have been funny if it weren’t so close to the truth. “The last will and testament of the Icelandic financial sector requested their ashes be spread over Europe”. I loved what my husband’s friend said in response to hearing that: There was a special bequest to England who replied “We said cash not ash”. But this is what is happening not just around Iceland debt, but debt in general all over the world. The debtors are being blamed, and the creditors have been given cash. The US government bailed out the banks- who were responsible for  making bad loans, but gave nothing to the debtors. In effect, the bankers have been paid for their bad loans. As our economy is shrinking, these same creditors are grabbing as much as they can and in the process making the debtors feel guilty. The creditors are more guilty. They supported predatory lending- lending knowing that  the debts could never be paid. It is another chapter in  the wealth grab. The 10,000,000 Americans who are probably going to lose their homes didn’t cause the problems, but they and the American people whose taxes funded the bailouts are going to be left holding the bag. The economist Michael Hudson  has likened the American democracy at the moment to an Oligarchy. He said that 25 years ago, 1% of the American public owned 27% of equity income, [...]

Money and the Patriarchy

The Challenge to the Old Masculine Mentality The masculine is what turns the soul  outward to affect the world. But in order for it to help us through the global crisis, which is really a wake-up all to humanity, it must escape the defining cultural influences to which it has been subjected for centuries. The forces of the old masculine approach ( what I call the patriarchy) are being challenged by a the arising of the feminine and a new masculinity that uses its strength to support and empower the community. What I call the  patriarchy is really a  magnification and distortion of the true masculine qualities. True masculinity is about  achievement in the world, but not cut off from consciousness and in partnership with the feminine. The old patriarch loves the rigidity of the law, the power of the hierarchy, and the tyranny of oppression. The difficulty is that old ways die hard and our institutions including banks, government, church, and corporations are still easily controlled by this mentality.  People who are in these institutions are not objective, because their own  interests are being served- so whether consciously or unconsciously, they are enmeshed in this mindset. You just need to look at the bonuses Wall Street keeps paying out  to see the truth of this. These people have not reflected on their inner lives, and the values that would flow from such a reflection. Instead, they act through layers of rationalization, manipulation, greed, and hidden agendas which (I hope for [...]

Money and Fear

  The Survival Instinct and Money One of the opposing forces in addition to the usual resistances and psychodynamic issues we have to  contend with on our journey of realization are the animal instincts. They are powerful drives underneath our consciousness that want to preserve life on an animal level and are not concerned as consciousness is with the mysteries.  But they often run us. And often without us knowing it. I am talking about the survival, social and sexual instincts. And all of them affect our relationship to money. For example, the social instinct can play out on the ego level as superficiality of relating, need for dominance and control, social climbing, status, image, the need for fame, or a dependency need. The sexual instinct can play out on the ego level as pleasure and compulsion. And fear, aggression, terror, worrying and obsessions are part of the survival drive. This last is the most primitive of the drives. Everyone wants to survive and live in some level of creature comfort. In fact, the majority of the world is dominated by this.  You can easily see how our money is tied up in these. We don’t want to suppress the instincts as they are our life force- the expression of creative dynamism and not just the animal. We can’t be free of them, but rather want to free them to become a support and a protection for our spiritual journey. We do that by clarifiying them, liberating them from their [...]

Serfdom in the Global Economy

Obama Bailing Out the Banks In my last post, I talked about debt from the point of view of the individual getting off the wheel of bondage. Today I want to talk about debt again, but from the point of view of the Macro. Why? Because we can’t talk intelligently about our own money actions without talking about the canvass upon which these money actions are being played. Also, because we can’t really be conscious with money without this knowledge. And finally, we won’t really know what right action is. With respect to what is going on, both in our country, and in the bigger field of the world, I have run into two very powerful articles this recently. One was entitled ” Financial War Against Iceland” by Michael Hudson.   Michael is a Distinguished Research Professor of Economics at the University of Missouri. He is also a Wall Street analyst and  president of the Institute for the Study of Long-term Economic Trends. So he knows what he is talking about. I have been reading his articles for years about the true effects of the US Treasury policies and the resulting inevitable current financial crisis. His is a voice of intelligence, true intelligence, not just intellectual analysis, in a sea of self- serving rhetoric. The other article was “Resist Or Become Serfs” by Chris Hedges.  Both of these articles talk about the bondage of our creditor society. The real issue in this economic crisis should be overall the health of [...]