gmar chasima tova!
Dear Rabbi Eidensohn,I just wrote this up, if you want, feel free to post it as you wish. No accreditation please.Wishing you and yours a Shana Tova and a Gemar Chasima Tova!
Today's Drudge Report, Erev Yom Kippur, is sobering: "FINANCIAL CRISIS 'WORST WORLD HAS EVER FACED'"and it links to this story in the UK Telegraph (Friday 07 October 2011) : World facing worst financial crisis in history, Bank of England Governor says.
The world is facing the worst financial crisis since at least the 1930s “if not ever”, the Governor of the Bank of England said last night...after the decision by the Bank’s Monetary Policy Committee to put £75billion of newly created money into the economy in a desperate effort to stave off a new credit crisis and a UK recession...the Bank had been driven by growing signs of a global economic disaster..."
The same thing is happening in the USA, and it has already happened in the "PIIGS" countries: Portugal, Ireland, Italy, Greece, Spain and in almost all Western countries!
This is NOT how modern day Capitalism was supposed to work out.
After all, the recovery years after World War Two and during the Reagan Era, pure Capitalism with its free trade and enterprise, low taxes and less government bureaucracy, with proper care of the lower classes via Social Democratic benefits was supposed to help everyone in the West get along. But that is not how it has worked out and everyone is to blame, and then some.
First of all modern times have seen the utter collapse of Monarchies, Feudalism, Fascism, Imperialism, Communism and Liberalism -- their downfall all resulting in the betterment of humankind.
Capitalism was the last great hope of mankind, not because Ayn Rand said so, but because it's natural for people to both create and yes SHARE wealth. So far so good.
Along came the Shah of Iran and raised the price of crude oil, blackmailing the West. Thus began the transfer of untold trillions of petro-Dollars to the Muslim oil rich Islamic totalitarian states. Then, while Red Russia created Red China, along came Nixon and Kissinger and welcomed Red China into the family of nations. 40 years later, mainland China is still Red, a cruel dictatorship but it has prostituted and indentured its labor force and citizenry to factory owners from the West who produce goods for pennies and share the untold trillions of profits with the Peking Politburo. Added to which, defeated Japan and Nazi Germany instead of being demolished as states, as they would have done had they won WWII, were allowed to rebuild and focus on building machines which they are good at to sell to the West sucking in more untold trillions.
That was NOT meant to be the "high point" of Capitalism so that the Arabs, Chinese, Japanese and Germans become the modern world's economic superpowers. They are cruel to their own and do not share their wealth with any other nations, giving virtually no foreign aid like the US still does even though it's broke itself.
And in the West, greedy Labor Unions wanted more money for less work and not caring about shoddy performance. They want to be paid for sleeping and vacationing.
But, MOST guilty of all are what Tom Wolf, the writer, in his "Bonfire of the Vanities" http://en.wikipedia.org/wiki/The_Bonfire_of_the_Vanities
calls the "Masters of the Universe" the young punk financially savvy new super rich. Armed with MBAs and all sorts of fancy new-fangled financial and technological skills and education with access to esoteric financial arts known only to their initiated, often conjuring up masses of untold trillions of money like proverbial magicians pulling rabbits out hats, their education was just there to express their pure raw GREED, and THEY, being in the West and of the West, are the ones who bust the West's banks, financial houses, insurance companies, corporations, all manner of investments, and ultimately its governments. Like a "legal" Mafia and like swarms of locusts the very savvy young Capitalists who were supposedly at the helm of the West's economies pissed away its monies and stashed away the rest.
Ironically and cynically they were actually launched by the heavily Marxist influenced university faculties of the West's universities, who hated Capitalism and helped create the monsters who ultimately destroyed Capitalism from within! So of course they saw no reason or ECONOMIC MORALITY to stand up to the oil rich Arabs, the emboldened Chinese, the rebuilt Germans and Japanese, the corrupt Unions with untold trillions in "pension funds" at home, rather, they worked with THOSE powers because, hey, that's where the dough was right? and now see the results, the West is broke, its economies are BROKEN, and Capitalism is DEAD!
Mashiach is on his way, the last of the big "isms" is on its way out forever. No one should complain if ordinary people demand a fair share of life.
A Gemar Chatima Tova! May the coming year 5772 be a year of Shalom!