Unity For The Right Purpose Can Stabilize The Banking System

purposeNews Report (from SafeHaven): Professor Antal E. Fekete of the Gold Standard University Live (also Professor Emeritus, Memorial University of Newfoundland) writes the following in the article “The way to resolve the credit crisis: Recapitalize the banks with gold”: …paper assets are subject to annihilation (e.g., when the bank is consolidated with its counterparts holding the liability side of that asset). Suppose we consolidate the balance sheets of the global banking system. Then all assets will be wiped out with the sole exception of gold. But since the global banking system as it is presently constituted has no gold assets, under any consolidation the banks will be denuded of assets while note and deposit liabilities to the public remain. This is why the regime of irredeemable currency is susceptible to collapse that could be violent, taking place with lightening speed. It can also be seen that trying to save banks from collapsing through consolidation, mergers, takeovers, and shotgun marriages is pouring oil on the fire: it accelerates the meltdown of bank capital, rather than retarding it.

My Comment: The salvation lies in universal and equal unity, in creating a single civilization where every person gives and receives according to the law of a confined system – for the system’s common good. If the banks will unite with this purpose, it will save them from the destruction of the entire banking system.

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Gordon Brown And Barack Obama On The Crisis

Article in the Newspaper "Yedioth Aharonot"UK’s Prime Minister Gordon Brown:
…the world financial crisis can become the accelerator for the creation of a new kind of society, unique in its aspirations.

…together we can seize this moment of profound change to create, for the first time, the age of the truly global society — one where people find that what unites them is far greater that what ever divided them.

These last weeks and months will be studied by generations to come. Historians will look back and say this was no ordinary time but a defining moment: an unprecedented period of global change, a time when one chapter ended and another began – for nations; for continents; for the whole world.

USA’s President-elect Barack Obama:
…our global economic crisis requires a coordinated global response.

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Falling In Order To Rise

riseA question I received: Can you explain the phrase “falling in order to rise” and how it is expressed in action? When a person who’s been studying Kabbalah for a year suddenly falls so deep into the animate level that he does things he never did before Kabbalah, is this falling in order to rise? Is this the correct process of revelation? How is this useful?

My Answer: This is explained by all the books on one’s inner work:

  • First, a person’s egoism increases,
  • Then he recognizes that the egoism is evil,
  • He then desires to break away from it,
  • But then he realizes that it is impossible,
  • He then recognizes that only the Creator can do this to him if he will ask,
  • Then he makes lengthy efforts to appeal to the Creator,
  • And finally, the Light corrects him, revealing the sensation of the spiritual world – the quality of bestowal and love.

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The Financial Crisis Is For Our Own Good

goodGlobalization is the revelation of the law of connection among people. However, instead of being beneficial, it is causing problems in our society because every person desires to use the global system of people’s connection into one organism, for his personal gain, instead of the way the system is designed to be used: for everyone to use it together for the well-being of us all.

Today we are interconnected with each other like organs in one body, and the life of the collective depends on everyone. Under these conditions it is useless to be egoistically honest – to create a global government, a world bank, or a common regulator. This will not help us stop being opposite to Nature and its law of universal interconnection. Instead, we must change our relationships from commercial to integral, to be based on the consideration of others as yourself. Even the most honest relationships of “what’s mine is mine and what’s your is yours” and the politics of non-violence will continue evoking crises until we realize what we have to do.

Kabbalah proposes that we start seeing humanity as a single organism and learn about how to behave correctly in our new state. Even if we don’t change anything about our relationships in the beginning, by just studying the laws of communication and distribution in a single organism, we already stop being opposite to nature – and then we will immediately feel a reduction in the suffering.

The most practical solution to the crisis is to study its true cause. Or in other words, to learn to live in an integral society, where the benefit of every individual depends on every other individual. Moreover, we must teach this law of nature to our children.

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