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Who Do We Owe Money To? It isn't Real!

Everyone is in debt. That seems to be the case. But if we all owe money to whom are we indebted? Who are these fat cats who spend their days on the beach having cool drinks brought to them while they while away the time sunbathing?

If truth be known the money does not actually exist. It has been created in the books of independent and national banks. In centuries passed the local blacksmith acted as the bank. Gold, silver and promissory notes were left in his safe. He soon became aware that the "goods" left for safe keeping would not be taken out by the owner for a very long time, if ever. For storing the valuable minerals and promissory notes he gave promissory notes in return. This meant that he could create money. He could also give loans, a large part of which would return directly back because the debtor opened a new account.

When large private banks started, governments gave an assurance that a run on an institution would be protected by public money. We have seen how silly this concept has proved to be by the US and European governments bailing out private banks. Private debt has become public debt. This on top of the mushrooming private debt worldwide.

Much of Western debt is owed to China which buys US bonds. It is a mistake to believe that it wants the money back any time soon. If it did the world economy would grind to a halt. Then, who would buy its exports?

The real problem is economics. This social science is just theory. There are complicated models that do not apply to the real world, with demand and supply curves, meeting long term average costs and so on. Real business doesn't operate that way. There is not one model for cost plus 10 or 20 percent, or get it cheap and sell high until demand stops then throw the stuff out. That is how business really runs.

Note the supermarkets, they don't cut the price of everything that doesn't sell. They would rather throw it away than sell it. After all, they make the supplier take the loss. Economic advisers have not helped one government to balance the books. And the advice they are giving now to raise taxes and cut spending will surely prolong the recession. Cutting debt is like turning the water tap down - someone has to go without! Let's be honest much of this debt will never be paid. It doesn't really exist.

Economics by Ty Buchanan

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Society by Ty Buchanan

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Paranormal Research Continues in Russia

If you thought that research into the ethereal world of religion and beliefs have gone - think again. The Russians are pouring millions of rubles into analyzing the paranormal. Telekinesis and mind control are the main areas studied.

There has been continuous planned research beginning in 1917 and officially ending in 2003, though it is believed that it is still ongoing. It is estimated to have cost more than a billion dollars.

Psychotronics may sound like something to do with robotics, but it the Russian word for parapsychology. Russians still strongly believe that the human brain, being an electronic device, is capable of transmitting and receiving information.

There is film of a subject moving objects around a table purely by thought. Even thinking about it could stimulate the immune systems of humans and plants. Some people were influenced unknowingly by others forcing them to do things purely by targeted thought.

Igor Smirnov was quietly brought out of retirement in 2007 by the Russian government to start his research again. He is called the father of psychotronic weapons.

Science by Ty Buchanan

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The Guilt of the Kill - Slaughterhouses

When you eat meat do you feel guilty about the early death of the creature? You probably believe that because someone else killed it you are without guilt. Buddhists are careful not to step on a blade of grass - those who really follow the Faith. It must be remembered, however, that even plants are alive, so there is no way you can avoid taking a life to obtain food.

Recently, Australia temporarily stopped the export of live cattle to Indonesia. ABC television showed a documentary showing cruelty to animals during the slaughter process. Some people have pointed out that cruelty takes place at Australian abattoirs.

Humans need food. Meat has more energy than any other food product. It is no wonders we consume it in massive amounts. Perhaps we cover up the guilt by calling cattle "meat" very early on in the slaughter process. For example, dead unprocessed chickens are called "whole bird products".

Feeling guilty about taking a life is a religious value. When something is dead it is just that - dead. If you do not believed in a hereafter that is the end of it. When a lion takes down its prey the pain endured by the victim is not a consideration.

Perhaps this double standard is due to people keeping pets which become part of the family and owners think that they must have an afterlife too. In evolutionary terms we are only just out of the savage stage. Neanderthals are widely accepted as falling into this category, though evidence shows they were just as advanced as us. Spearing an animal must cause pain, but to survive we must do it.

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