21/12/2012- What Does it Mean?

Namaste!
Jubilation perhaps...???...if we had a focus for this day what would you choose?

- universal healthcare & education for all?
- the passing away of poverty?
- local/national/regional/world peace?
- $10,000 gift for everyone?
- a new, truly sustainable energy source is unleashed?
- the aliens would finally land & rescue us from ourselves?
- global cataclysm wiping earth free of the human virus so Gaia can start fresh?

Well, it seems to me that there are elements of worthiness in all of the above, but what is incidiously everywhere & has its tentacles wrapped around almost all human endevour?

DEBT, by way of usury, pushed by a lost & corrupted banking system, that SOMEHOW seems to believe that if we just borrow just a bit more, then 'it'll all be ok'. Well that's what 'they' want us to believe, 'they' being those power elite that pull the global financial strings that the political puppets dance to.

Solution? Is there one to such a labyrinthine system?

A simple solution is always the best.

How can we dilute down this debt behemoth that is threatening to swamp the world in a king-tide of disheartment, quickly leading to depression, both of the soul & soon after the economy everywhere?

Have a Jubilee is what I suggest. In the 'biblical' version of the term where, amongst general forgiveness of sin, there would be debt forgiveness as the primary focus.

http://en.wikipedia.org/wiki/Jubilee_(Christianity)

But to forgive all debt would throw the whole world banking & trading system into chaos, so there would best be a transition from a system of debt to a system of savings.

For which I propose the Compassion Metta-Bank be established. Metta is intentional, & yet also suggests that it is a meta-physical event in its own right, where we bank our own loving kindness energy to share with others.

I've only been thinking this thru the last few weeks in full, but the idea is ROUGHLY to take the concept of 'Credit Unions' & turn it on its head to be a 'Savings Union'.

Here are some thoughts on how it might work- 2nd draft!! (1st was in my diary).

ALL profits are generated by the individual loaning money/energy to themselves, meaning for example:

- you make a $100 deposit into a trust a/c that is for YOU ALONE.
- the maximum you can borrow @ any one time is 25%, i.e $25.
- the $25 is lent to YOURSELF @ 1% interest; highly affordable, with repayment time limits agreed.
- it is easy to pay back the $25+1%.
- you can borrow again, but only 1/2 as much, 12.5%, now @ 2% interest.
- & 1/2 again 6.25%, now @ 3% interest
- 3.125% @ 4% interest.

- by about now one gets stuck with vanishingly small returns, so its a disincentive to borrow any more, & if you add 25% + 12.5% + 6.25% + 3.125% = 46.875% meaning that borrowing any more than 50% of your original $100 deposit is impossible, so @ worst you will always have 50% of your earnings...philerosophi.

- in this manner you borrow against yourself, against your own energy levels you need to reimburse yourself & because you are borrowing from yourself, the interest you earn from this borrowing, although small, is paid directly back to yourself, on a scale appropriate to the risk, i.e. the more you borrow, the higher the interest rate, just like how banking works right now.

- interest rates too low at 1/2/3/4%?? This is just philerosophi's essential 4-fold structure. If you want MORE, & you should be very careful & aware of why you would want more, then up the ante into the next loop of the spiral 2/4/6/8% if you wish. You may gain or lose more personal energy more quickly, but be mindful of the potential of power to corrupt...however as the basic rule of 25%/12.5%/6.25%/3.15% etc restrains us within the 50% safety net, one's personal bank can never go bust, as it were.

- all profits are socialised back to yourself, not the current 'private shareholders' of existing banks, & debt is fully controlled by your own inclination to pay YOURSELF back.

- but how do you get that initial $100 dollar start of loan balance?

- take the existing banking system & gradually transition away from it by paying yourself a 'seed money' deposit, at an energy level sustainable to yourself.

- it may take a while to build up a head of steam, but ultimately it is a system of financial equity building that is solely reliant on one OWN efforts to make the most of it.

- after you have saved up a significant balance towards your retirement you can choose to invest in 'the marketplace', under the same t&c's of interest as above, using the same interest rate structure, & again the same limitations so the most you can ever lose/invest is 50% of your monetized energy savings you gift to yourself.

- we can still have a superannuation scheme for those who for whatever reason fall on hard times, but in theory (which I know won't match the practice) one will always retain a minimum 50% of savings, however if you don't use the scheme, that would be 50% of zero, thus the need for the pension.

- you could incentivize it by having a bonus scheme for those that save really well, the easiest incentive of cause, is to reduce one's tax x amount, based on one's self made savings.

Time for bed- gotta catch 7am bus to day meditation retreat tomorrow & its already 1145pm.

More tomorrow, actually staying at friends place tomorrow, so likely Saturday or Sunday after retreat is over.

Peace is love.

pSi :-)

Is Dr Frankenstein in the room?

Time to resurrect the hero of the story, Adam, I created a few years back...I am trying to encourage myself to do so, oh yes I am, but the time, the time, the time...

http://en.wikipedia.org/wiki/Frankenstein