submitted by jwithrow.
Journal of a Wayward Philosopher
Why Peaceful Parenting is More Important Than Ever
July 10, 2015
Hot Springs, VA
The S&P closed out Thursday at $2,051. Gold closed at $1,160 per ounce. Oil checked out just under $53 per barrel, and the 10-year Treasury rate closed at 2.30%. Bitcoin is now trading up around $287 per BTC as the Greek banks remain closed and the Chinese stock market continues to plummet.
Dear Journal,
We examined the Greek crisis last week and we wondered if depositors would find that they had generously “bailed-in” their bank with their hard-earned money when the banks finally reopened. Sure enough, the Greek banks have yet to reopen and there has been talk of a 30% haircut on all deposit accounts in excess of €8,000.
This is yet another example of why it is a bad idea to warehouse your funds in a domestic bank account. Fortunately, the Infinite Banking Concept offers a much better solution to warehousing capital without sacrificing liquidity.
These financial crises that continuously occur from time to time in various countries, along with government’s heavy-handed response in each instance, are the symptoms of a much deeper problem:
Our world is ill.
Modernity has constructed hierarchical systems of power and control and it has elevated the leaders of these systems to positions of prestige and authority. This has created a scenario in which the least among us fight tooth and nail to reach the top of Modernity’s power structures then they work to grow and perpetuate their power. This is done largely by bribing the masses with wealth-redistribution while aggressively cracking down on non-conformists and disruptors. The predictable result has been the disappearance of personal responsibility and basic human empathy. Continue reading “Why Peaceful Parenting is More Important Than Ever”