People - To Big To Fail

by e⁽⁴⁾
Dhammabucha Rocksprings Meditation

It’s been building for thirty years, ever since Ronald Reagan asked Allen Greenspan if they could get away with raiding the Social Security Trust Fund to give tax breaks to the wealthy. Greenspan replied, “Maybe for thirty years or so.”

Well, the thirty years are up, and so are the conservative lies, theft, and manipulations. Who would have thought that a small bunch of dirty, snot-nosed hippies camping out on Wall Street’s door would bring them down? This is so ironic. No wonder conservatives have demonized both hippies and socialism. They knew where the real danger lies.

When even a small demonstration hits a popular nerve, nobody knows what the result will be. So far the results of Occupy Wall Street have been nothing short of spectacular. The photo of the Madrid crowds says it all.

While Wall Street says to the poor and lower middle class, “Fend for yourselves and don’t ask me for help,” Facebook and hundreds of other social media sites all over the world say that we are all in this together. Social media is the enemy of conservative capitalists because social media reflects socialistic values, ie., socialism.

If I were a conservative right now, I would be literally shaking in my boots.

Do they realize how close to complete ruin they are? As OWS grows, eventually they will hit Wall Street where it hurts most and bring the entire rigged financial set up tumbling down. Don’t think that they can’t do it.

All it will take is the word to get out over the social media to make an international run on the banks. Or maybe cancel all 401ks, or maybe withdraw all funds from the stock market. A day would be set, you know; “November 15th is Bank Run Day - close all your accounts and buy gold!”

The entire banking system is a disaster waiting to happen. It should have been corrected after 2008 but capitalistic interests, mostly Republican, stopped any kind of regulation from happening. A 5% capital requirement is nothing but a Ponzi scheme and an admittance that the banks cannot operate without high leverage (credit). One bank run, and instant depression. That is exactly how fragile capitalism is and always has been. It’s been living on the edge of false credit.

What exactly is so holy about capitalism, other than to the wealthy that have made out like bandits for the last thirty years while the middle class has had to borrow its butts off to make ends meet? Are people who have lost their homes, their jobs, their health care, their chance at a college education better off? Is the world better off?

Capitalism rewards the precious few that had the money to gamble and won. Capitalism is risk taking. Capitalism is a casino. Once a company becomes public, stockholders become more important than workers and the promise of trickle down wealth nothing but a smoke screen drugging the worker to believe that he is playing on a level field, when in fact he is being exploited, manipulated, and victimized.

OWS understands all of this, and as people all over the world catch on, the truth will get out and the anger and resentment toward the wealthy will grow exponentially. Then one day, suddenly and without warning, there will be that Black Swan moment, maybe a run on the banks, maybe something out of left field, that will change everything overnight.

This is the beginning of the end of conservatism as practiced by the ruthless capitalists who do not care about everyday Americans.

When technology and globalization cut the work force, the suffering was felt by the common people while the wealthy drank champagne. Now, because of the insensitivity and greed of the wealthy, the people will bring this entire house of cards down.

And that isn’t too difficult to do.

**************************************************************

E. Raymond Rock (anagarika eddie) is a meditation teacher at the DhammaRocksprings Theravada Buddhist Meditation Retreat Center: http://www.dhammarocksprings.org and author of “A Year to Enlightenment: http://www.amazon.com/Year-Enlightenment-Steps-Enriching-Living/dp/1564148912

He lived at Wat Pah Nanachat under Ajahn Chah, at Wat Pah Baan Taad under Ajahn Maha Boowa, and at Wat Pah Daan Wi Weg under Ajahn Tui. He had been a postulant at Shasta Abbey, a Zen Buddhist monastery in northern California under Roshi Kennett; and a Theravada Buddhist anagarika at both Amaravati Monastery in the UK and Bodhinyanarama Monastery in New Zealand, both under Ajahn Sumedho. The author has meditated with the Korean Master Sueng Sahn Sunim; with Bhante Gunaratana at the Bhavana Society in West Virginia; and with the Tibetan Master Trungpa Rinpoche in Boulder, Colorado. He has also practiced at the Insight Meditation Society in Barre, Massachusetts, and the Zen Center in San Francisco.

Article submitted Tuesday, October 18, 2011 & read 2538 times.

Please log in to leave your comments.
No comments yet.

4-0-0-0-5-ADSO

Most Recent