Thursday, October 09, 2008

Selfish beyond all reason...

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Stock markets around the world are crashing as the Grand Supercycle collapse takes full hold. Thus far this week the DJIA has fallen more than 15% on top of the 7.5% lost last week. The Dow peaked last October above the 14,000 mark since which it has fallen some 40 percent as part of a global financial meltdown.

Watching the news and reading various views on the internet I see fingers being pointed in all kinds of directions for the cause of the unfolding calamity. Some claim it's Wall Street's fault, others blame the government, so on and so forth. The hard truth of the matter is that what is now happening is pretty much everyone's fault.

I have spent the last 20+ years of my life trying to warn society of the inevitable consequences of greed run amuck. Unfortunately, however, no one has been interested. Even now, as I type my latest blog, I realize very few will bother reading what I've written at this point. Why is this so? Because people today are SELFISH BEYOND ALL REASON!

While academicians and politicians and the various social authorities have sought to make the world believe that selfishness is rational and just, the reality is that the unfettered, competitive pursuit of self-interest without consideration to the welfare of others or society as-a-whole has brought the world to the brink of self-destruction.

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