adbright

Thursday, August 11, 2011

i ask too much, i expect so little, what's wrong with stocks, interest rates and America

i ask too much, i expect so little, what's wrong with stocks, interest rates, and America

fiction
edward w pritchard

Many of us have a vague distaste for business and government. The system is broken here in America and most don't know why but feel in their bones an unease of what lies ahead economically and politically.

In a nut shell the problem is almost no one in a position of authority will put the good of the group or the whole above their own interests. This is caused by a lack of a moral compass. The heart values are not taught in schools, people do not go to Church, and no one much reads the classics of literature, and or the Bible, Koran or other such Wisdom.

Good honest people are thought fools. Most no longer love their neighbor. Conventional wisdom is impersonal Market forces direct everything. Economic theory, the idea that Market forces control and direct reality is destructive to the cohesion that traditionally have held societies together for thousands of years. Economic self interest is efficient but without a proper moral compass insidiously the heart and soul of human society and individuals is corrupted.

No one knows what will happen tomorrow. No one knows precisely when or why the stock market or interests rates will rise or fall. Irrational consensus forces direct such things. These irrational consensus forces can be evil and chaotic. These forces are beyond the power of any person or institution to control. The Market is mechanistic in it's maniacal detachment from traditional moral values.



The American system of government is not up to managing the behemoth economy and institutions because collectively and individually naked individual self interest comes first. No higher authority than the Market is  acknowledged or thought possible.

Manipulation of interest rates is our God.

end 





No comments:

Post a Comment