This is a phantom doctrine that i hope someday will forge a path that will coincide with ethnic cooperation and ethnic homogeneation beyond racial or religious lines affecting many nations on the verge of becoming great powers in their respective regions.
An investigation into what would be considered as guiding criteria to gauge if a society is progressive or regressive would be highly beneficial to each sovereign nation ignoring the principles of globalization and its trade-centric idealogy. Economic progress must be critically interrogated and reconstructed thus deviating from failing and existing power structures that manifest themselves in hierarchies and monopolies that thrive on profit and control.
1) Inter-dependence upon the concepts of interest, profit, rent, taxes, absolute ownership and wages must be studied.
2)Banks forged without stockholders must be envisioned. Commerical paper should be relieved of its post as the vanguard party of a bank in order to facilitate its payroll and transactions. Commercial paper is a note of promise or rather a promisary notice that states an intent to repay of debt with interest on the specific note. A methodology that follows this logic will naturally rely heavily on credibility and hence will propogate an idealogy based on monopoly. In this instance it would be a monopoly by entities that hold the most reliability and therefore have the ability to artificially inflate or deflate their balance sheets in order to create reassurances to investors at the most basic level such as teachers, farmers, blue collar workers and white collar workers who willingly deposit their hard earned money into these financial institutions feeling absolutely secure. This idealogy must be replaced with one that is supported by collateral. This will eliminate the process of speculative sales and debt incursion through false information. Credibility must be created through existing collateral and not from artificially conceived numbers provided by speculators. THE PUBLIC POST OFFICE could be and REEMPHASIZE the words "could be" the common mans cure; that is available domestically all over a sovereign nations territories and should be analyzed further in the advent of a global collapse of the banking structures that transcend international boundaries employing collective wealth to make purchases and decisions good or bad. This will eliminate commercial paper from being used to take loans that somehow find themselves covering personal assets such as buildings, land, equipment, protection for the latter and so on and so forth. The post office however is an establishment created through federal funding and thus puts regulation in the hands of government which does not always mean it is bad ESPECIALLY for the common man.
Note: commercial paper in its initial conception was intended to cover operational management and expenses incurred while processing receiveable accounts and updating and maintaining inventories pertaining to the functionality of a financial institution over a period of time; usually between 1 and 9 months. We the people MUST be compelled to proactively infer a causality for a currently pressing phenomenon that is becoming a virulent malaise quietly but certainly infecting every single country that is involved in global commerce; that is to say Every worldly inhabitant!
Monday, November 10, 2008
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