Monday, June 3, 2024

"Economic Market Snapshot 6/3/24"

"Economic Market Snapshot 6/3/24"
Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
"It's a Big Club, and you ain't in it. 
You and I are not in the Big Club."
- George Carlin
o
Market Data Center, Live Updates:
Comprehensive, essential truth.
Financial Stress Index

"The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average. The OFR FSI incorporates five categories of indicators: creditequity valuationfunding, safe assets and volatility. The FSI shows stress contributions by three regions: United Statesother advanced economies, and emerging markets."
Job cuts and much more.
Commentary, highly recommended:
"The more I see of the monied classes,
the better I understand the guillotine."
- George Bernard Shaw
Oh yeah... beyond words. Any I know anyway...
And now... The End Game...
o

Sunday, June 2, 2024

"Alert! NATO Crosses Red Line This Week; Cyberwar Article; China; Israel; Germany 900,000

Canadian Prepper, 6/2/24
"Alert! NATO Crosses Red Line This Week; 
Cyberwar Article; China; Israel; Germany 900,000 Troops"
Comments here:

"Scott Ritter: Iran Call For Destruction Of Cancerous Tumor Israel"

Full screen recommended.
"Scott Ritter: Iran Call For Destruction Of Cancerous Tumor Israel, 
New Equation with China, Turkey"
Comments here:

Adventures with Danno, "Be Ready, We're In Trouble! Prices Set To Reach All-Time Highs!"

Adventures with Danno, PM 6/2/24
"Be Ready, We're In Trouble! 
Prices Set To Reach All-Time Highs!"
Comments here:

Jeremiah Babe, "Americans Are Out Of Money, Time & Luck"

Jeremiah Babe, 6/2/24
"Americans Are Out Of Money, Time & Luck;
Get Ready For Tough Times And Tough Decisions"
Comments here:

"Turkey Leaves NATO After They Do Nothing To Israel For Latest Attacks On Rafah!"

Full screen recommended.
Tech Beat, 6/2/24
"Turkey Leaves NATO After They Do Nothing 
To Israel For Latest Attacks On Rafah!"
"In this video, we look at the huge geopolitical upheaval as Turkey withdraws from NATO due to the organization's perceived passivity in response to Israel's new strikes on Rafah. This decision represents a watershed event in international affairs, calling into question NATO's future and the Middle East's power balance."
Comments here:

Musical Interlude: Poco, "Rose of Cimarron"

Poco, "Rose of Cimarron"

"A Look to the Heavens"

"Braided and serpentine filaments of glowing gas suggest this nebula's popular name, The Medusa Nebula. Also known as Abell 21, this Medusa is an old planetary nebula some 1,500 light-years away in the constellation Gemini. Like its mythological namesake, the nebula is associated with a dramatic transformation. The planetary nebula phase represents a final stage in the evolution of low mass stars like the sun as they transform themselves from red giants to hot white dwarf stars and in the process shrug off their outer layers. Ultraviolet radiation from the hot star powers the nebular glow. 
The Medusa's transforming star is the faint one near the center of the overall bright crescent shape. In this deep telescopic view, fainter filaments clearly extend above and right of the bright crescent region. The Medusa Nebula is estimated to be over 4 light-years across."

The Poet: John O’Donohue, “In These Times”

“In These Times”

“In these times when anger
Is turned into anxiety,
And someone has stolen
The horizons and mountains,
Our small emperors on parade
Never expect our indifference
To disturb their nakedness.
They keep their heads down,
And their eyes gleam with reflection
From aluminum economic ground,
The media wraps everything
In a cellophane of sound,
And the ghost surface of the virtual
Overlays the breathing earth.
The industry of distraction
Makes us forget
That we live in a universe.
We have become converts
To the religion of stress
And its deity of progress;
That we may have courage
To turn aside from it all
And come to kneel down before the poor,
To discover what we must do,
How to turn anxiety
Back into anger,
How to find our way home.”

~ John O’Donohue,
from “To Bless the Space Between Us”
“Do not lose heart. We were made for these times.”
– Clarissa Pinkola Estes

"And It May Be..."

“It’s extraordinary how we go through life with eyes half shut, 
with dull ears, with dormant thoughts. Perhaps it’s just as well; 
and it may be that it is this very dullness that makes
 life to the incalculable majority so supportable and so welcome.”
– Joseph Conrad, “Lord Jim”

"Marcus Aurelius: How To Live Without Fear”

"Marcus Aurelius: How To Live Without Fear”
Developing strength by having power over the mind.
by Harry J. Stead

“The Roman Emperor Antoninus died in 161 and Marcus Aurelius and Lucius Verus assumed the roles of co-emperors. But, Aurelius’ rule was a challenging period for the Roman Republic. He spent the first years of his reign fighting the Roman–Parthian War of 161–166. During this war, the Empire suffered great difficulties and losses but eventually re-occupied Edessa in Greece where the deposed king was returned to the throne. However, the returning soldiers brought back with them a plague that would torment much of Europe for years, killing around five million people.

Later, from 166 to the end of Aurelius reign in 180, the Empire fought the Marcomannic Wars, where Germanic tribes continuously invaded Roman territory across the northern frontier regions. The Roman army, after a long struggle, managed to push back the invaders and re-establish the frontiers of the Empire.

Marcus Aurelius acquired the reputation of a philosopher king within his lifetime, and the title would remain his after death. He was a practitioner of Stoicism, and his personal philosophical writings, which later came to be called Meditations, are a significant source of the modern understanding of ancient Stoic philosophy.

Marcus Aurelius wrote the majority of the twelve books of the “Meditations” at Sirmium (modern day Serbia), where he spent time planning military campaigns and strategy during the Marcomannic Wars. A few of the books were written while he was positioned at Aquincum on campaign in Pannonia. And, the internal notes tell us that the first book was written when he was campaigning against the Quadi on the river Granova (modern-day Hron in Slovakia).

“Meditations” served as Aurelius’ journal, a private source of his own guidance and wisdom during times of darkness. His words are simple and honest, and the sentences are delivered like entries in a diary; the pages seem to be a list of quotations, all varying in length from one sentence to long paragraphs. It is unlikely that Marcus Aurelius ever thought someone would publish these writings. He simply wished to record what he believed to be true.

But, when reading “Meditations”, we do not get the sense that the author was, at the time, the most powerful man on the continent. The vulnerability of Aurelius’ words falls onto one’s heart, and you feel yourself empathising not with the vast fears of a Roman Emperor, where war and power are all that must occupy the mind, but, instead, with the melancholy struggles of a rather lonely man. For Aurelius was a man with no equals, a man who had all the wealth and beauty in the known world, yet no one to share it with. So sad are his words that the reader imagines the author to be a fragile being with the same worries and doubts as ourselves, rather than a head of state with a breast plate and a red cloak.

The journal was an attempt to counsel himself through his own darkness. The reader feels comfortable and calm with his words; we cannot help discover ourselves in each of his little splashes of wisdom. But, I suppose this is the nature of the diary. For diaries are intimate and individual, they allow the author to open their hearts and express their deepest passions.

And, by expressing our own unique message, the lyrics of our hearts, we touch upon a universal truth that speaks to everyone. Here lies the beauty of Meditations and the reason why it has been a major source of guidance to a great many people for almost two thousand years.

“A blazing fire makes flame and brightness 
out of everything that is thrown into it.”
- “Meditations”, Marcus Aurelius

John Dalberg-Acton, a 19th century British politician, expressed this opinion in a letter to Bishop Mandell Creighton in 1887: “Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men.” He was correct. Power does tend to corrupt the individual, but only because power exposes the true nature of the ruler, not because it turns the ruler sour.

Marcus Aurelius is, perhaps, the exception to this law in Western history. He was the only ruler that somewhat resembled Plato’s idea of the philosopher king  –  he was the last Good Emperor. This is easy to see when reading his journal.

The central theme to “Meditations” is that if one wishes to keep a tranquil soul, then he should live according to nature. This is the underlining idea of almost every sentence he wrote in “Meditations.” Clearly, he tried hard to remind himself of this wisdom lest he become a tyrant just as those who came before and after him did.

“If you are distressed by anything external, 
the pain is not due to the thing itself,
 but to your estimate of it; 
and this you have the power to revoke at any moment.”
- Marcus Aurelius, “Meditations”

The temptation to control and handle every movement of the European continent must have been overwhelming. Because, as an emperor, Aurelius had to stand firm against the weight of a vast and over stretched Empire; he was a god, waving a red sword over a map of the entire world. Yet, he was also a man among men, carrying the same limitations and burdens of those who served him. He was not all-powerful or all-seeing, but the people expected him to be.

But, nature made Aurelius an emperor and so he believed it his calling to live up to his greatest potential. He did not lose himself in wine and women and become a victim of lust and desire, as many others had done, nor did he rule from fear and anxiety. The man had a beautiful soul. He could have had everything he wanted, he could have fulfilled his deepest passions and desires, yet he chose instead to pursue the end that was good for everyone. Power does not corrupt, power entertains the irrational and exposes the dirt within the soul.

“You have power over your mind  –  not outside events.
 Realize this, and you will find strength.”
- Marcus Aurelius, “Meditations”

The wise man, the truly good man, Aurelius thought, is in control of his own soul. This is all that concerns him –  to be at peace with his own spirit. He only fears making chaos of his soul for it is the only power that he has responsibility for. If he loses control, then he loses himself and is powerless to fulfill his obligation to nature. And, tranquility requires that one releases all that which he cannot control. But, how great of a challenge must this have been for an emperor! For Aurelius stood over a kingdom that faced continuous threats of invasion from all sides, even from within.

Marcus Aurelius lived with a radical acceptance of nature. He moved through his days with no expectations; he never struggled against his fate nor did he resign himself in self-pity if the world betrayed him. No event should be mourned or celebrated. Because the victories of today may well be the cause of our demise tomorrow. Acceptance, only acceptance. And, with acceptance you will be able to find pleasure in each thunder and lightning that befalls you. Each event, in the eyes of a wise man, is a teacher, a lesson, a chance, a sign.

Aurelius believed that life never ought to be different from what it is and so he was able to greet the future with joy and compassion. Life continues to unfold and we should rejoice in every page for it is our fate, the will of nature.

Nature is unchangeable; we must not fight against it. Fighting against that which does not fall is foolish and will only leave us with a troubled spirit. Nothing outside of yourself should have power or friction over your peace.

Leave that which you do not control in the hands of God or nature. But, for that which you do control  – your soul, your emotions, your thoughts –  learn to steer them in your favor. Because every man suffers a great deal in their life, but not all people pity themselves. There is a choice.

Aurelius constantly reminded himself of this message in his journal so that he could practice its wisdom in his day-to-day life. And, in doing so, he freed himself from all that which could harm the peoples of his Empire  –  grief, fear, anger, and anxiety. For the peace of the Empire mirrored the peace of the emperor — he was the embodiment, the great incarnation of the kingdom. Because, in an autocracy, when the emperor falls sick, so must the Empire.

“The first rule is to keep an untroubled spirit. The second is to 
look things in the face and know them for what they are.”
-  Marcus Aurelius, “Meditations”
Marcus Aurelius’ work “Meditations,” written in Greek while on campaign between 170 and 180, is still revered as a literary monument to a government of service and duty. It serves as an example of how Aurelius approached the Platonic ideal of a philosopher-king and how he symbolized much of what was best about Roman civilization.”
Freely download, in PDF format, “Meditations,” by Marcus Aurelius, here:

"Perhaps Everything Terrible..."

“How should we be able to forget those ancient myths that are at the beginning of all peoples, the myths about dragons that at the last moment turn into princesses; perhaps all the dragons of our lives are princesses who are only waiting to see us once beautiful and brave. Perhaps everything terrible is in its deepest being something helpless that wants help from us. So you must not be frightened if a sadness rises up before you larger than any you have ever seen; if a restiveness, like light and cloud shadows, passes over your hands and over all you do. You must think that something is happening with you, that life has not forgotten you, that it holds you in its hand; it will not let you fall.”
- Rainer Maria Rilke

"What’s Coming Is Worse Than A Housing Market Crash"

Full screen recommended.
Economy Vision, 6/2/24
"What’s Coming Is Worse Than A Housing Market Crash"

"Imagine that you’ve just purchased a lovely $500,000 home - a basic three-bedroom, two-bathroom house at fair market value. The normal thing anyone would do is calculate the appreciation of that house in about 5, 10, 20 years. But right now, it's scary to talk about the future of a new property that may be worth less in a matter of months. This has become a concern, and even though it hasn't entirely stopped people from buying their dream property, it has caused a lot of fear.

A housing market collapse doesn’t happen overnight. It’s a slow and painful process. For instance, in 2008, the market's peak was in the first quarter of 2007, and it didn't hit rock bottom until the first quarter of 2009. So, you’re not just going to wake up one morning and find the value of your house has suddenly plummeted. It’s a slow, agonizing decline over a year or more."
Comments here:

The Daily "Near You?"

Regina, Saskatchewan, Canada. Thanks for stopping by!

"All Alone..."

“We are all alone, born alone, die alone, and – in spite of True Romance magazines – we shall all someday look back on our lives and see that, in spite of our company, we were alone the whole way. I do not say lonely – at least, not all the time – but essentially, and finally, alone. This is what makes your self-respect so important, and I don’t see how you can respect yourself if you must look in the hearts and minds of others for your happiness.”
- Hunter S. Thompson,
“The Proud Highway: Saga of a Desperate Southern Gentleman”

“9 Short Quotes That Changed My Life and Why”

“9 Short Quotes That Changed My Life and Why”
by Ryan Holiday

“Like a lot of people, I try to collect words to live by. Most of these words come from reading, but also from conversations, from teachers, and from everyday life. As Seneca, the philosopher and playwright, so eloquently put it: “We should hunt out the helpful pieces of teaching and the spirited and noble-minded sayings which are capable of immediate practical application – not far-fetched or archaic expressions or extravagant metaphors and figures of speech – and learn them so well that words become works.”

In my commonplace book, I keep these little sayings under the heading “Life.” That is, things that help me live better, more meaningfully, and with happiness and honesty. Below are 9 sayings, what they mean, and how they changed my life. Perhaps they will strike you and be of service. Hopefully the words might become works for you too.
o
“If you see fraud and do not say fraud, you are a fraud.” 
- Nassim Taleb
This little epigram from Nassim Taleb has been a driving force in my life. It fuels my writing, but mostly it has fueled difficult personal decisions. A few years ago, I was in the middle of a difficult personal situation in which my financial incentives were not necessarily aligned with the right thing. Speaking out would cost me money. I actually emailed Nassim. I asked: “What does ‘saying’ entail? To the person? To the public? At what cost? And how do you know where/when ego might be the influencing factor in determining where you decide to go on that public/private spectrum?” His response was simple: If it harms the collective, you speak up until it no longer does. There’s another line in Shakespeare’s ‘Julius Caesar.‘ Caesar, having returned from the conquest of Gaul, is reminded to tread lightly when speaking to the senators. He replies, “Have I accomplished so much in battle, but now I’m afraid to tell some old men the truth?” That is what I think about with Nassim’s quote. What’s the point of working hard and being successful if it means biting your tongue (or declining to act) when you see something unfair or untoward? What do you care what everyone else thinks?
o
“It can have meaning if it changes you for the better.” 
- Viktor Frankl
Viktor Frankl, who was imprisoned and survived three separate Nazi concentration camps, lost his wife, his parents, job, his home and the manuscript that his entire life’s work had gone into. Yet, he emerged from this horrific nightmare convinced that life was not meaningless and that suffering was not without purpose. His work in psychology – now known as logotherapy – is reminiscent of the Stoics: We don’t control what happens to us, only how we respond. Nothing deprives us of this ability to respond, even if only in the slightest way, even if that response is only acceptance. In bad moments, I think of this line. It reminds me that I can change for the better because of it and find meaning in everything – even if my “suffering” pales in comparison to what others have gone through.
o
“Thou knowest this man’s fall; 
but thou knowest not his wrassling.”
 - James Baldwin
As James Baldwin reflected on the death of his father, a man who he loved and hated, he realized that he only saw the man’s outsides. Yes, he had his problems but hidden behind those external manifestations was his own unique internal struggle which no other person is ever able to fully comprehend. The same is true for everyone – your parents, your boss, the person behind you in line. We can see their flaws but not their struggles. If we can focus on this, we’ll have so much more patience and so much less anger and resentment. It reminds me of another line that means a lot to me from Pascal: “To understand is to forgive.” You don’t have to fully understand or know, but it does help to try.
o
“This is not your responsibility, but it is your problem.” 
- Cheryl Strayed
Though I came to Cheryl Strayed late, the impact has been significant. In the letter this quote came from, she was speaking to someone who had something unfair done to them. But you see, life is unfair. Just because you should not have to deal with something doesn’t change whether you in fact need to. It reminds me of something my parents told me when I was learning to drive: It doesn’t matter that you had the right of way if you end up dying in an accident. Deal with the situation at hand, even if you don’t want to, even if someone else should have to, because you’re the one that’s being affected by it. End of story. Her quote is the best articulation I’ve found of that fact.
o
“Dogs bark at what they cannot understand.”
- Heraclitus
People are going to criticize you. They are going to resist or resent what you try to do. You’re going to face obstacles and a lot of those obstacles will be other human beings. Heraclitus is explaining why. People don’t like change. They don’t like to be confused. It’s also a fact that doing new things means forcing change and confusion on other people. So, if you’re looking for an explanation for all the barking you’re hearing, there it is. Let it go, keep working, do your job. My other favorite line from Heraclitus is: “Character is fate.” Who you are and what you stand for will determine who you are and what you do. Surely character makes ignoring the barking a bit easier.
o
“Life is short – the fruit of this life is a 
good character and acts for the common good.” 
- Marcus Aurelius
Marcus wrote this line at some point during the Antonine Plague – a global pandemic spanning the entirety of his reign. He could have fled Rome. Most people of means did. No one would have faulted him if he did too. Instead, Marcus stayed and braved the deadliest plague of Rome’s 900-year history. And we know that he didn’t even consider choosing his safety and fleeing over his responsibility and staying. He wrote repeatedly about the Stoic concept of sympatheia - the idea that all things are mutually woven together, that we were made for each other, that we are all one. 

It’s one of the lesser-known Stoic concepts because it’s easier to only think and care about the people immediately around you. It’s tempting to get consumed by your own problems. It’s natural to assume you have more in common and the same interests as the people who look like you or live like you do. But that is an insidious lie – one responsible for monstrous inhumanity and needless pain. When other people suffer, we suffer. When the world suffers, we suffer. What’s bad for the hive is bad for the bee, Marcus said. When we take actions, we have to always think: What would happen if everyone did this? What are the costs of my decisions for other people? What risks am I externalizing? Is this really what a person with good character and a concern for others would do? You have to care about others. It’s sometimes the hardest thing to do, but it’s the only thing that counts. As Heraclitus (one of Marcus’ favorites) said, character is fate. It’s the fruit of this life.
o
“Happiness does not come from the seeking, 
it is never ours by right.” 
- Eleanor Roosevelt
Eleanor Roosevelt was a remarkable woman. Her father killed himself. Her mother was verbally abusive. Her husband repeatedly betrayed her – even up to the moment he died. Yet she slowly but steadily became one of the most influential and important people in the world. I think you could argue that happiness and meaning came from this journey too. Her line here is reminiscent of something explained by both Aristotle and Viktor Frankl – happiness is not pursued, it ensues. It is the result of principles and the fulfillment of our potential. It is also transitory – we get glimpses of it. We don’t have it forever and we must continually re-engage with it. Whatever quote you need to understand this truth, use it. Because it will get you through bad times and to very good ones.
o
“You could leave life right now.
 Let that determine what you do and say and think.” 
- Marcus Aurelius
If there is better advice than this, it has yet to be written. For many civilizations, the first time that their citizens realize just how vulnerable they are is when they find out they’ve been conquered, or are at the mercy of some cruel tyrant, or some uncontainable disease. It’s when somebody famous – like Tom Hanks or Marcus Aurelius – falls ill that they get serious. The result of this delayed awakening is a critical realization: We are mortal and fragile, and fate can inflict horrible things on our tiny, powerless bodies. There is no amount of fleeing or quarantining we can do to insulate ourselves from the reality of human existence: memento mori – thou art mortal. No one, no country, no planet is as safe or as special as we like to think we are. We are all at the mercy of enormous events outside our control. You can go at any moment, Marcus was constantly reminding himself with each of the events swirling around him. He made sure this fact shaped every choice and action and thought.
o
“Some lack the fickleness to live as
 they wish and just live as they have begun.” 
- Seneca
After beginning with Seneca, let’s end with him. Inertia is a powerful force. The status quo – even if self-created – is comforting. So people find themselves on certain paths in life and cannot conceive of changing them, even if such a change would result in more personal happiness. We think that fickleness is a negative trait, but if it pushes you to be better and find and explore new, better things, it certainly isn’t. I’ve always been a proponent of dropping out, of quitting paths that have gotten stale. Seneca’s quote has helped me with that and I actually have it framed next to my desk so that I might look at it each day. It’s a constant reminder: Why am I still doing this? Is it for the right reasons? Or is it just because it’s been that way for a while?

The power of these quotes is that they say a lot with a little. They help guide us through the complexity of life with their unswerving directness. They make us better, keep us centered, give us something to rest on – a kind of backstop to prevent backsliding. That’s what these 9 quotes have done for me in my life. Borrow them or dig into history or religion or philosophy to find some to add to your own commonplace book. And then turn those words… into works.”

"The World As I See It: Albert Einstein's Thoughts on the Meaning of Life”

"The World As I See It:
Albert Einstein's Thoughts on the Meaning of Life”
by Paul Ratner

“Albert Einstein was one of the world’s most brilliant thinkers, influencing scientific thought immeasurably. He was also not shy about sharing his wisdom about other topics, writing essays, articles, letters, giving interviews and speeches. His opinions on social and intellectual issues that do not come from the world of physics give an insight into the spiritual and moral vision of the scientist, offering much to take to heart.

The collection of essays and ideas “The World As I See It” gathers Einstein’s thoughts from before 1935, when he was as the preface says “at the height of his scientific powers but not yet known as the sage of the atomic age”.

In the book, Einstein comes back to the question of the purpose of life on several occasions. In one passage, he links it to a sense of religiosity. “What is the meaning of human life, or, for that matter, of the life of any creature? To know an answer to this question means to be religious. You ask: Does it many any sense, then, to pose this question? I answer: The man who regards his own life and that of his fellow creatures as meaningless is not merely unhappy but hardly fit for life,” wrote Einstein.

Was Einstein himself religious? Raised by secular Jewish parents, he had complex and evolving spiritual thoughts. He generally seemed to be open to the possibility of the scientific impulse and religious thoughts coexisting. "Science without religion is lame, religion without science is blind," said Einstein in his 1954 essay on science and religion.

Some (including the scientist himself) have called Einstein’s spiritual views as pantheism, largely influenced by the philosophy of Baruch Spinoza. Pantheists see God as existing but abstract, equating all of reality with divinity. They also reject a specific personal God or a god that is somehow endowed with human attributes.

Himself a famous atheist, Richard Dawkins calls Einstein's pantheism a “sexed-up atheism,” but other scholars point to the fact that Einstein did seem to believe in a supernatural intelligence that’s beyond the physical world. He referred to it in his writings as “a superior spirit,” “a superior mind” and a “spirit vastly superior to men”. Einstein was possibly a deist, although he was quite familiar with various religious teachings, including a strong knowledge of Jewish religious texts.

In another passage from 1934, Einstein talks about the value of a human being, reflecting a Buddhist-like approach: “The true value of a human being is determined primarily by the measure and the sense in which he has attained liberation from the self.”

This theme of liberating the self is also echoed by Einstein later in life, in a 1950 letter to console a grieving father Robert S. Marcus: “A human being is a part of the whole, called by us "Universe," a part limited in time and space. He experiences himself, his thoughts and feelings as something separate from the rest- a kind of optical delusion of his consciousness. The striving to free oneself from this delusion is the one issue of true religion. Not to nourish it but to try to overcome it is the way to reach the attainable measure of peace of mind.”

In case you are wondering whether Einstein saw value in material pursuits, here’s him talking about accumulating wealth in 1934, as part of the “The World As I See It”: “I am absolutely convinced that no wealth in the world can help humanity forward, even in the hands of the most devoted worker in this cause. The example of great and pure characters is the only thing that can lead us to noble thoughts and deeds. Money only appeals to selfishness and irresistibly invites abuse. Can anyone imagine Moses, Jesus or Gandhi armed with the money-bags of Carnegie?”
Freely download "The World As I See It", by Albert Einstein, here:

Bill Bonner, "On Cooperation and Win-Win"

"On Cooperation and Win-Win"
by Bill Bonner

“A physician cannot heal the sick if he is ignorant of the causes of certain conditions of the body, nor can a statesman help his fellow citizens if he cannot follow how, why or by what process each event had developed.” - Polybius

At one point in his short life, Jesus was invited to take control of government. Political power... the power to force win lose deals on others... was offered to Him.

"Luke 4:5–8: 5 And the Devil taking him up into a high mountain, showed unto him all the kingdoms of the world in a moment of time . . .
6 And the Devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will give it.
7 If thou therefore wilt worship me, all shall be thine.
8 And Jesus answered and said unto him, Get thee behind me, Satan: for it is written, Thou shalt worship the Lord thy God, and him only shalt thou serve."

Who offers political power? The Devil himself! Not the voters. Not the aristocracy. Not God. Instead, the Devil says clearly that government is his to do with as he wishes. And if Jesus wants it, all He has to do is worship him who gave it to Him: Satan.

We’ve heard sermons of all sorts... in big cities... and in small country churches . . . high churches, low churches... Catholic, Baptist... and God-knows-what. Almost all the ministers, priests, and preachers we have heard from believe that God is good... and that He expects us to support good works, private and public. Often, they think they hear our political leaders speaking for God Himself. They think they hear Him telling us to back more government aid to unwed mothers, limits on carbon emissions, or more help for Native Americans. “We need to do this... or that...” they say, sounding a bit like an editorial in The Washington Post.

But there is no “we” in the Gospel. No appeal to special interests or to the common good...or to collective justice, shared virtue, patriotism, or social economy. No tribes. No sects. No flags. No creeds. No political parties. Neither Pharisee nor Sadducee. There is only the unique person... the individual, alone... with his God.

Only once, in a little country church in Normandy, France, did a priest take up this insight: “God doesn’t ask you to change the world,” he said. “He asks you to do something much more difficult - to change yourself.”

It is difficult because you are changing your own software...updating programming that has been in place for thousands of years. Of course, it is much easier to ask somebody else to change. Change his religion! Change his behavior! Change his government! Change the way he spends his money...the way he treats his wife... the way he drinks... the way he works! Make his women take off the hijab. Make his men say the Hail Mary.

But wait. What if he doesn’t want to change? He’ll bristle at higher taxes. He’ll whine and complain about new regulations. He’ll want to keep his old gods. He’ll resist your grand projects for a better world. Marching to Moscow in the winter isn’t in his plan. Nor is living in a godforsaken slum simply because the party bosses say so. What to do? What would Attila or Adolph do? Force him to On Cooperation and Win-Win 61 do what you want! You know what’s best for him. You know what’s best for the world. Force him to do it!

Jesus knew it wouldn’t work. He never suggested that the Roman rulers should take care of the poor. He never hinted that it was Pontius Pilate’s responsibility to look after the cripples of Judea or to fix the price of lamb on behalf of Jewish shepherds. In his Parable of the Good Samaritan, a traveler was beaten, stripped of his clothes, and left for dead beside the road. He wasn’t rescued by the army... or by the tax collectors... nor by the social welfare agencies of the time. Even the priest walked by. Instead, it was a Samaritan - a member of a group with whom Jews enjoyed a mutual contempt - who helped him.

This story was told by Jesus in response to a question. When told that one should “love thy neighbor,” a lawyer asked: “But who is my neighbor?” “Who’s ‘we’?” he might have asked.

Jesus explained that it had nothing to do with group affiliation or group responsibility... or the “common good”... or the good government can do with central planning and elite, expert guidance. It didn’t matter what race, creed, religion, or gender box you checked. “Loving thy neighbor” was a radical idea at the time, a major software update. It still is radical. It suggests, to many, that the whole edifice of Christian morality is built on love. Our own guess is that it stands on a more solid foundation - two sturdy pillars: fear and self-interest. But either way, the responsibility is squarely on the individual, not on the group.

This new religion did much more than announce a “moral code” or a “good idea.” It also described the transactions of a modern, growth economy and anticipated the codes of modern civilization. “Do unto others...” turned out to be a capitalist manifesto.

There are only two kinds of deals: cooperative, voluntary deals... or deals made at the point of a gun. In a fixed, non-growth economy, violence is almost the only way to get ahead. The idea was, you can only get more by taking market share from someone else. That was why murder and theft were so common in the ancient world; there were few alternatives available to the ambitious person.

Back then, the idea of the “common good” made sense. Tribal life was, perforce, collective. The “common” good was the good of the tribe. Ethnologist Richard Dawkins describes a human being as a “survival machine” for our genes. But it is more likely that the tribe was the survival machine. The individual was simply a detachable part. The tribe carried a group of genes. Individuals were expendable. The tribe was not.

The “common good” was not universal. That is why the Old Testament is focused on a tribe -the Jews - and its progress. The tribe could benefit, for example, by exterminating a rival tribe. It could benefit by pushing another tribe away from its prime hunting grounds, or by capturing its young women in a raid. Wealth was limited. Generally, it couldn’t be increased. It could only be moved from one tribe to another.

There was little opportunity for an individual to realize any “progress” of his own or pursue happiness in his own way. He could hunt. He could gather. He could fight. He could pass along his genes to a new generation. What he thought probably didn’t matter much. What he wanted probably never came up in conversation. It was probably very rare for tribe members to sit around the campfire and discuss their eating disorders, their political preferences, or their career aspirations. The individual didn’t count for much.

Modern, extended societies sometimes slip back into tribal thinking. “Ein Volk, ein Reich, ein Führer,” as Hitler famously put it. The idea was simple enough - he would treat the German people as though they were “we,” members of the same tribe with a “common good” that could be had by following their leader.

There was one Reich (government), but there were many different Volk (people) in Germany. But while the “we” of a prehistoric tribe was natural, authentic, and could benefit from the win-lose protocols of a zero-sum world, the “we” of Nazi Germany was fake. Needless to say, not all Germans shared the same enthusiasm for the success of the master race. Eventually, almost all of them - Jews, Gypsies, and Nazi Party members, too - came to detest it, as they suffered from trying to insist on win-lose deals in what had essentially become a win-win world."

"How It Really Is"

 

Dan, I Allegedly, "Criminals are Going to Get a Pass"

Full screen recommended.
Dan, I Allegedly, 6/2/24
"Criminals are Going to Get a Pass"
"Another city is about to outlaw crime. Criminals are about to get a pass. Boston wants to make crimes including shoplifting and disorderly conduct off-limits to prosecution. They also want to include certain categories of breaking and entering, wanton and malicious property destruction, larceny under $250, and trespassing as non-prosecutable crimes. This will Oakland 2."
Comments here:

Gregory Mannarino, "Markets, A Look Ahead: Freefall, Another 'Grand Deception' Is Unfolding"

Gregory Mannarino, AM 6/2/24
"Markets, A Look Ahead:
 Freefall, Another 'Grand Deception' Is Unfolding"
Comments here:

Saturday, June 1, 2024

Jeremiah Babe, "Bank Meltdown, 85K Customers Locked Out Of Their Accounts"

Jeremiah Babe, 6/1/24
"Bank Meltdown, 85K Customers Locked Out Of Their Accounts;
 Surviving In The Worst Economy Ever"
Comments here:

Musical Interlude: Two Steps From Hell, "Evergreen"

Full screen recommended.
Two Steps From Hell, "Evergreen"

Close your eyes, let your imagination flow with the music...
What images do you see, what do you feel?

"A Look to the Heavens"

"The beautiful Trifid Nebula is a cosmic study in contrasts. Also known as M20, it lies about "5,000 light-years away toward the nebula rich constellation Sagittarius. A star forming region in the plane of our galaxy, the Trifid does illustrate three different types of astronomical nebulae; red emission nebulae dominated by light from hydrogen atoms, blue reflection nebulae produced by dust reflecting starlight, and dark nebulae where dense dust clouds appear in silhouette. But the red emission region roughly separated into three parts by obscuring dust lanes is what lends the Trifid its popular name. 
Pillars and jets sculpted by newborn stars, below and left of the emission nebula's center, appear in famous Hubble Space Telescope close-up images of the region. The Trifid Nebula is about 40 light-years across. Just too faint to be seen by the unaided eye, it almost covers the area of a full moon in planet Earth's sky."