Daily Archives: March 10, 2014

THE TRUTH ABOUT THE CRASH OF 2008

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Greedy banks and mortgage companies with government financial guarantees and gullible humans are the real reasons for the financial crisis of 2008 and the lengthy recession which followed. This article is a factual eye opener to anyone interested in the truth about the crash.

http://www.newrepublic.com/article/116919/big-lie-haunts-post-crash-economy

 

If you liked this evergreen truth blog then read more of them, approximately 600 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

Enjoy!!!!!!

THE TRUTH ABOUT BUDGETING

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One of the major reasons why humans are so bad at managing their money is that they never learned to BUDGET their money or can’t stand budgeting because it requires spending discipline. Budgeting should be taught in every elementary school to students so that they don’t grow up to be as profligate as their parents and government who are constantly struggling with unreasonable debt which is destroying families and a healthy economy.

Not only have we become a nation of impulsive spenders living from paycheck to paycheck but the government is handicapped with the same problem of irresponsible financial management of the economy and is burdening future generations with debt which they will never be able to repay.

Thriftiness is no longer a promoted virtue and the government also is no longer as virtuous as it once was. Be stupid with money and soon you will soon have a culture which stupidly self-destructs.

It doesn’t pay to save any money for retirement because of inflation, banks paying no interest on saving accounts, and risky volatile investments which can go belly up at the next financial crisis. The live for today and spend for today makes long duration planning almost impossible and not only are families in crisis mode but government is in crisis mode with no emergency reserves except the printing of more counterfeit money and greater debt.

Animals have an emergency fat reserve for food emergencies and humans and government should have an emergency money reserve for crises and emergencies in their lives. If humans have financial emergencies in their lives then they can depend on government to bail them out. Who will bail out the government in an emergency financial crisis?

To cure impulsive spending you frequently need a financial crisis. It is much smarter to teach young impressionable minds the virtue of spending discipline or budgeting so that there are no great financial crises in their adult lives.

Individual responsibility about money creates a responsible government and an army of irresponsible citizens is ungovernable and creates a dysfunctional government unable to justly govern.

Much more important than money is the moral decay of cultures but I have written about this other major problem and solutions in other blogs.

 

If you liked this evergreen truth blog then read more of them, approximately 600 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

Enjoy!!!!!!

THE TRUTH ABOUT PRIVACY

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The three basic areas where privacy matters is individual, business, and government privacy.

If you are a private citizen then you would probably not want to reveal a pre-existing medical condition, many car accidents, three or more divorces, illegal drug use, bad school grades, jobs which your were fired from, more than one bankruptcy, that you are a cult member, and your bank account information. You would probably prefer that they all be kept secret or out of public view because it could jeopardize an ability to get a good job or start up a successful relationship with the opposite sex.

Humans make many stupid mistakes in life and do some very stupid things which they are not proud of and are things which they don’t want to be reminded of or hope will never surface publicly. Starting with a clean slate or a fresh new start is getting harder and harder to do in the era of internet communications and electronic listening devices.

Businesses fear competition and frequently have trade secrets which they don’t want to surface. China is a perfect example which manufactures knock off products and tries to sell them worldwide severely cutting into the profitability of some companies. Electronic counterfeiting is even threatening to damage the reliability of military software and hardware and electronics in airlines.

Governments fear military confrontations, cyber warfare, and criminal organizations.

Privacy is getting harder and harder to maintain and trustworthy government judges and criminal enforcers with excellent reputations have to be in charge if justice is to prevail. Unfortunately society is getting more immoral and hedonistic as time progresses and honest, sincere, and trustworthy individuals to rely upon are becoming very scarce not only privately but in government positions.

Unless morality is restored in the general public, soon the leadership will get even more corrupt than now and we will not be able to trust them with private information. Privacy is the shield under which criminality thrives and this is also true of government privacy which can seek to eliminate political competition and rule supreme.

Open source government except in the military is vital to ensuring that we don’t avalanche into an oppressive tyrannical untrustworthy government which rules by the threat of force and the rule of force having intimate knowledge about our private lives and business organizations.

Privacy: n. behaviors of one or more human(s) which is hidden and frequently not public knowledge

CONCLUSION:

Loss of personal privacy is not all that bad because it creates fear in individuals and demotivates many from doing stupid illegal things in life. Privacy in government if it does not deal with military defense is always bad and we should fight for as much open source government as possible.

I personally don’t fear the invasion of my privacy if it protects the money in my bank account from hackers. I am slightly concerned about the monopoly of the media by big business interests and fear that the freedom of information to stay intelligently informed may soon disappear. A reliable unbiased source of true information may slowly disappear. Unbiased information should not be replaced with rumors and gossip on the social network which may soon be the only reliable source of true needed information.

 

If you liked this evergreen truth blog then read more of them, approximately 600 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

Enjoy!!!!!!