THROUGH ENERGY ENHANCEMENT
MEDITATION, CHOOSE A DEFECT FREE LIFE
OF RICHNESS, PEACE AND JOY.
Any
Human Being. Any Line of work.
Whether you are a Businessman, an Executive, a
Nurse, a Doctor, an Engineer, a Computer Scientist, a Salesman, Housewife, Yogi
or Student, you are interested in having a Defect Free Life.
A Life without
Faults or Mistakes or Problems of any kind. A life of Richness, Internal and
External where your meditationally increased Energy will produce Results!!
Meditation and Energy Enhancement
which teaches Twenty Seven Ancient and Effective techniques Beyond Simple
Meditation to
Speed Up the Meditative Process will
progressively give you that Defect Free
Life of Richness and Joy, giving You Energy,
Love, Intelligence and Will.
For 5000 years sages and saints have
been telling you that the mind is limited. It is necessary but it is limited and
it is always making mistakes. It is fractured and fragmented and creates many
problems. In many cases we seem to be connected to a Self Destructive Saboteur
which totally destroys our lives.
Meditation and Energy Enhancement
are techniques which can help you come to a mistake free life. You can find the most
intelligent man in the world, on the IQ scale, and that man can have no common
sense whatsoever.
Bill Clinton was once the President
of the United States of America, he was a Rhodes Scholar sent to study at Oxford
University in the UK and Granada University in Spain. They say that he has an IQ
of 170, yet even this great intelligent man could not, in the land of Christian
politics, keep his trousers on in front of the Newspapers and television.
It was proved that he was telling lies in the Lewinsky scandal and he was thrown
out of the Guild of Lawyers because of it. GOODNESS KNOWS WHAT HE DID IN
GOVERNMENT AND HE WAS ONE OF THE MOST INTELLIGENT!!
Now a c grade student from Yale
University in in charge....
But they also have no Heart...
Meditation is the way of going
beyond the Mind to a place of Heart, Intuition, of Coherence, Alignment with the soul or higher
self where you can become integrated, One, Governed by higher levels of Energy.
Also, the Energy of
Meditation can so unify Your energetic field that you can produce coherence and
alignment and peace in all people which surround You.
The people of Transcendental
Meditation have proved in a great scientific experiment, reported in major
scientific journals that when a lot of people meditated together in a city, then
that city experienced lower levels of crime. The crime statistics of the whole
city on every level were lowered during the process of the meditation. Just
think what a process of daily meditation could produce in your life and in the
people around you, your family, your friends. Any meditation you practice will
help them also.
The movie, The Last Samurai, was
making that point. Human society and politics is governed by the mind. It wants
everything and will do anything to get it. But Tom Cruise the Star and executive
producer of the Movie, together with the Writer, John Logan who wrote Oscar
Winner, "Gladiator" was saying
that this mix of selfish desire and intellect needs the leaven of the state of
meditation.
The Last Samurai started with
Meditation and when at the end of the movie when Tom was handing the Sword Soul
of the Meditation of the head Samurai to the Emperor, he was handing on the message of meditation. And
that meditation so strengthened the courage of the Emperor that he became
capable of throwing out the bad people in his Government.
He is still passing that Sword to
You, so that you can cast out all your negative energy blockages! ....
Today no Government can
promise you security in the face of Bruning Austerity, Selfish Desire, Weapons
of Mass Destruction,
and Terrorism. They can not prevent!!!
Only the coherence and alignment of
the energy of peace from meditation can start to change the world, your life now
and your future lifetimes, creating more luck in your life and preventing attacks before they arise.
Only the supreme knowledge and
aligned consciousness and the energy of peace from YOUR meditation can start to
change YOUR life now
and your future lifetimes, giving you more energy, perseverance, good
relationships and Luck by preventing defects and failures in Your Life before they arise.
No Government can prevent... has been able to
improve the problematic areas of Education and Health. Dummed down and plain
unhealthy. In the UK 30% of the people die from cancer and 25% from Heart
disease. In fact they keep changing methodologies constantly in the hopes that
no-one will notice that in the face of all this effort.... things are getting
worse.
And because of this, every three or
four years the Governments are thrown out a new one replaces them. And we,
stupidly, because of 10,000 years of history, start full of hope whilst they
continue to lie and to fail.
More people are starting to practise
meditation, One of the Fastest Growing Ancient and Successful Techniques in the
World, because it works now and has worked for 5000 years creating in that time all the
Spiritual Masters to whom we look up to because of their lives
of health and goodness and mercy to all.
It needs artists like Geldoff and
Bono from U2 to remind us that our happiness is created by the happiness of
everyone around us - Let's help Africa they say.
And others bring the awareness of
the environment being destroyed by industrial pollution and not simple carbon
dioxide which feeds the trees, - yes those big clouds
of pollution and xeno-oestrogens only emanate from the fuctories near you at 4am when all the cars
are off the road.
Then the controvery over consciously Eugenocidalist:-
Vaccines, Fluoride in the water, Frankenstein Food.
This same pollution which previously created the scourge
of Tuberculosis is now creating the killers of Cancer, Heart Disease, Aids and
low birth rates in every country in the world.
Also the fact that throughout the
world many children are lacking in parents, food, water, houses and education
and for this reason their pain will provide the next terror and war cannon
fodder in the coming years of this century.
Our happiness is bound up in the
happiness of others. Who are the happiest people, those who make everyone around
them happy.
Governments and the people who run
them never have had this point of view. They do not meditate!
T
heir control comes from making their
people afraid, and for this an enemy is needed. Or it does not fit into their
budget. Their control comes from creating fear and Chaos.
If we know and create what is to happen
then the Chaos Management of your created Problem, the predicted Reaction and
then offering your Solution can give you ownership of the World.
All CNN can do is to report this
with no insight into the why? That this bank has been
robbed by some burglars and this company has failed with the loss of the pension
fund or that because Greenspan with the encouragement of Bush approved toxic
loans in order to make money for themselves and their families, and Countrywide Mortgage Brokers went up 2100% before it went bankrupt, and after
that the whole financial system of the World went bottom up - but the people who
were told what would happen, with Money they earned from Countrywide and other
scams
were able to buy all the assets of the Bankrupt Financial Houses very cheaply.
Classic Created Bubble: done many times before!
GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES: "By the year 2010, we must
increase minority homeowners by at least 5.5 million"
Joseph Stiglitz, a Nobel-prize winning economist, said the U.S. economy risks
tumbling into recession because of the ``mess'' left by former Federal Reserve
Chairman Alan Greenspan. ``I'm very pessimistic,'' Stiglitz said in an interview
in London today. ``Alan Greenspan really made a mess of all this. He pushed out
too much liquidity at the wrong time. He supported the tax cut in 2001, which is
the beginning of these problems. He encouraged people to take out variable-rate
mortgages.''
You just know that the OrangeMan - Angelo Mozilo CEO Countrywide now ambassador
to Netherlands - is going to pull a Ken Lay! After all it worked once, and
there's plenty of room next to GW's Paraguay compound for another new arrival.
That neighborhood is going to be the wealthiest and most secure on the planet!
Angelo Mozilo may be a scapegoat? The government needs to put a high profile
face on the mortgage system's meltdown and they can't use Roland E. Arnall, the
former owner of alleged predatory lender Ameriquest Mortgage, since W appointed
him to be ambassador to the Netherlands -- after he paid at least $325 million
in fines, penalties and associated costs to various state attorneys general. To
be noted, Arnall was one of the biggest contributors to the Republican Party
whereas Mozilo is reputedly thought to support democrat people and causes. Henry
Cisneros, Clinton's disgraced (and pardoned) former HUD Secretary is on
Countrywide's Board of Directors as was Kathleen Brown Rice, current California
Attorney General and ex-California Governor Jerry Brown's sister.
Remember, Abraham Lincoln.. "You can fool a few of the people all of the time,
you can fool most of the people most of the time, and in any democracy, this is
enough!"
All the BBC can do then is to report that this country is going to war and yes, you are being conscripted,
enslaved
into the army.
This has been the case for 10,000
years whilst the governments of Alexander the Great, Julius Caesar, Caligula,
Nero, Genghis Khan, Napoleon, Hitler, Stalin, and Mao, have killed untold
millions of people, 200 millions alone in the last century.
U2 at their concerts
say the worlds biggest arms dealers are, in money order, USA, UK, France, Russia,
and China. An Arms
budget of 400 Billions of Dollars per year are needed, 15 Trillions of Dollars
have been spent on Arms since the second World War, wasted yet necessary because
of this State of Insecurity.
Today we don't need the Old States
of the past or even the United States or a State of Insecurity, Instead we need
the State of Meditation on One
Enlightened Harmonious World
where everyone is given the opportunity to evolve, treated well... given food,
accommodation, education, meditation, is happy, and an arms budget is not
needed!!
The Purpose of this world is the
Evolution and Happiness of Humanity.
This we need to Afford through your conscious choice, NOW. By choosing to
practice Meditation. Through having a process of Meditation
every day you can enter into that Richer Life!!
As meditation becomes the Practice
of Choice in all people, Businesses, Politicians and Government itself, this
will change and the whole World will become Defect Free!!
And even meditation is not enough,
now we need real Meditative Progress, a Speeding up of the Process of
Meditation through Advanced Energy Enhancement Techniques. Energy Enhancement
Meditation will give real results of evolution, coherence, alignment and progress in our
lives and in the lives of everyone in the World, FAST!!
Internal richness leads to external
richness, luck and progress in all areas of your life. Rather than being one who
cannot even manage your life, become one who not only can manage your life but also the lives of everyone around you in Richness and
in Health.
In this way, through Meditation YOUR
life, the lives of your family and friends, your City, Country and Planet can be
benefited as waves of meditational energy are projected and spread to all areas
of your life and planet of residence for this life and all your future lives.
START NOW!!
More than 20 years of dogged lobbying from the financial industry paid off with
the repeal of the Glass-Steagall Act, which was passed by Congress following the
1929 stock market crash. The bill was written to limit the conflicts of interest
when commercial banks are permitted to underwrite stocks or bonds.
The financial industry whittled away at Glass-Steagall for years before finally
breaking down its regulatory restrictions in August 1987, when Alan Greenspan --
formerly a director of J.P. Morgan and a proponent of banking deregulation --
became chairman of the Federal Reserve Board.
“In 1990, J.P. Morgan became the first bank to receive permission from the
Federal Reserve to underwrite securities, so long as its underwriting business
does not exceed the 10 percent limit. In December 1996, with the support of
Chairman Alan Greenspan, the Federal Reserve Board issued a precedent-shattering
decision permitting bank holding companies to own investment bank affiliates
with up to 25 percent of their business in securities underwriting (up from 10
percent).
"This expansion of the loophole created by the Fed's 1987 reinterpretation of
Section 20 of Glass-Steagall effectively rendered Glass-Steagall obsolete.”
(“The Long Demise of Glass Steagall, Frontline, PBS)
In 1999, after 25 years and $300 million of lobbying efforts, Congress, aided by
President Bill Clinton, finally repealed Glass-Steagall. This paved the way for
the problems we are now facing.
Another contributing factor to the current banking-muddle is the Basel rules.
According to the BIS (Bank of International Settlements) website: “The Basel
Committee on Banking Supervision provides a forum for regular cooperation on
banking supervisory matters. Its objective is to enhance understanding of key
supervisory issues and improve the quality of banking supervision worldwide. It
seeks to do so by exchanging information on national supervisory issues,
approaches and techniques, with a view to promoting common understanding. At
times, the Committee uses this common understanding to develop guidelines and
supervisory standards in areas where they are considered desirable. In this
regard, the Committee is best known for its international standards on capital
adequacy; the Core Principles for Effective Banking Supervision; and the
Concordat on cross-border banking supervision.”
The Basel Committee on Banking (Basel 2) requires “banks to boost the capital
they hold in reserve against the loans on their books.”
Sounds like a good thing, doesn’t it? This protects the overall financial system
as well as the individual depositor. Unfortunately, the banks found a way to
circumvent the rules for minimum reserves by “securitizing” pools of mortgages (MBS)
rather than holding individual mortgages. (which called for more reserves) This
provided lavish origination and distribution fees for banks, but shifted much of
the risk of default to Wall Street investors. Now, the banks are saddled with
roughly $300 billion in mortgage-backed debt (CDOs) that no one wants and it is
uncertain whether they have sufficient reserves to cover their losses.
By October, we should know how this will all play out. As David Wessel points
out in “New Bank Capital requirements helped to Spread Credit Woes”: “Banks now
behave more like securities firms, more likely to mark down the value of assets
when market prices fall -- even to distressed levels -- rather than sitting on
bad loans for a decade and pretending they’ll be paid back.”
The downside of this is that once that banks write off these toxic MBSs and CDOs;
the hedge funds, insurance companies and pension funds will be forced to do the
same -- dumping boatloads of this bond-sludge on the market, driving down prices
and triggering a panic sell-off. This is what the Fed is trying to prevent
through its $60 billion repo-bailout.
Regrettably, the Fed cannot hope to remove a half-trillion dollars of bad debt
from the balance sheets of the banks or forestall the collapse of related
financial institutions and funds which are loaded with these “unmarketable”
time-bombs. Besides, most of the mortgage derivatives (CDOs) have been massively
enhanced with low interest leverage from the “carry trade.” When the value of
these CDOs is finally determined -- which we expect will happen sometime before
the end of the 3rd quarter -- we can expect the stock market to fall sharply and
the housing recession to turn into a full-blown economic crisis.
Alan Greenspan: The Fifth Horseman?
So, who’s to blame? The finger pointing has already begun and more and more
people are beginning to see how this massive economy-busting equity bubble
originated at the Federal Reserve -- it is the logical corollary of former Fed
chief Alan Greenspan's “easy money” policies.
Henry C K Liu sums up Greenspan’s tenure at the Fed in his Asia Times article,
“Why the Subprime Bust Will Spread”: “Greenspan presided over the greatest
expansion of speculative finance in history, including a trillion-dollar
hedge-fund industry, bloated Wall Street-firm balance sheets approaching $2
trillion, a $3.3 trillion repo (repurchase agreement) market, and a global
derivatives market with notional values surpassing an unfathomable $220
trillion.
"On Greenspan's 18-year watch, assets of US government-sponsored enterprises (GSEs)
ballooned 830 percent, from $346 billion to $2.872 trillion. GSEs are financing
entities created by the US Congress to fund subsidized loans to certain groups
of borrowers such as middle- and low-income homeowners, farmers and students.
Agency mortgage-backed securities (MBSs) surged 670 percent to $3.55 trillion.
Outstanding asset-backed securities (ABSs) exploded from $75 billion to more
than $2.7 trillion.”
"The greatest expansion of speculative finance in history." That says it all.
But no one makes the case against Greenspan better than Greenspan himself. Here
are some of his comments at the Federal Reserve System’s Fourth Annual Community
Affairs Research Conference, Washington, D.C., April 8, 2005. They show that
Greenspan “rubber stamped” every one of the policies which have since
metastasized and spread through the entire US economy.
Greenspan, Champion of Subprime loans: “Innovation has brought about a multitude
of new products, such as subprime loans and niche credit programs for
immigrants. Such developments are representative of the market responses that
have driven the financial services industry throughout the history of our
country. With these advance in technology, lenders have taken advantage of
credit-scoring models and other techniques for efficiently extending credit to a
broader spectrum of consumers.”
Greenspan, Main Proponent of Toxic CDOs: “The development of a broad-based
secondary market for mortgage loans also greatly expanded consumer access to
credit. By reducing the risk of making long-term, fixed-rate loans and ensuring
liquidity for mortgage lenders, the secondary market helped stimulate widespread
competition in the mortgage business. The mortgage-backed security helped create
a national and even an international market for mortgages, and market support
for a wider variety of home mortgage loan products became commonplace. This led
to securitization of a variety of other consumer loan products, such as auto and
credit card loans.”
Greenspan, Supporter of Loans to People with Bad Credit: “Where once more
marginal applicants would simply have been denied credit, lenders are now able
to quite efficiently judge the risk posed by individual applicants and to price
that risk appropriately.
"These improvements have led to the rapid growth in subprime mortgage lending .
. . fostering constructive innovation that is both responsive to market demand
and beneficial to consumers.
“Improved access to credit for consumers, and especially these more-recent
developments, has had significant benefits.
Unquestionably, innovation and deregulation have vastly expanded credit
availability to virtually all income classes. Access to credit has enabled
families to purchase homes, deal with emergencies, and obtain goods and
services. Home ownership is at a record high, and the number of home mortgage
loans to low- and moderate-income and minority families has risen rapidly over
the past five years. Credit cards and installment loans are also available to
the vast majority of households”
Greenspan, Big Fan of “Structural Changes” Which Increase Consumer Debt: "As we
reflect on the evolution of consumer credit in the United States, we must
conclude that innovation and structural change in the financial services
industry have been critical in providing expanded access to credit for the vast
majority of consumers, including those of limited means. Without these forces,
it would have been impossible for lower-income consumers to have the degree of
access to credit markets that they now have.
"This fact underscores the importance of our roles as policymakers, researchers,
bankers, and consumer advocates in fostering constructive innovation that is
both responsive to market demand and beneficial to consumers.”
Greenspan’s own words are the most powerful indictment against him. They show
that he played a central role in our impending disaster. The effort on the part
of media pundits, talking heads, and so-called experts to foist the blame on the
rating agencies, predatory lenders or gullible mortgage applicants misses the
point entirely. The problems began at the Federal Reserve and that’s where the
responsibility lies.
Debt,
Unemployment, Privatization and War
How Greenspan Skewered America
By MIKE WHITNEY
No one has done more to ensure the ultimate demise of the American middle class
than Alan Greenspan.
No one.
In the stately pantheon of class-warriors, Greenspan's spectral-image looms
larger than any other; the foremost proponent of hardnosed social-Darwinism and
exclusionary economics. Even his carpet-bagging consort, G.W. Bush, pales in
comparison.
In just under 5 years the Fed-master has engineered a coup so vast and
devastating that $1.3 trillion of borrowed revenue has been adroitly shifted
from the beleaguered middle class to the privileged 1% that Greenspan
represents.
Whoa!
It is the biggest heist in the history of the planet, and it was designed and
executed within the leather-bound citadel of the Federal Reserve.
Thanks, Alan.
The partnership of Bush and Greenspan has been the moral equivalent of the
sacking of Rome; maxing out the nation's credit card until every last farthing
has been drained from the public till. Greenspan's tenure has left America
bobbing atop an ocean of red ink ready to capsize with the first gust of
recession.
Greenspan was a key player in facilitating the Iraq war, pushing interest rates
to their lowest level 6 months before the war to keep the economy on
life-support while the propaganda campaign burst from the front pages of the New
York Times and the Washington Post.
It worked like a charm.
The American people were hoodwinked by White House fabrications and anesthetized
by cheap money. They began a borrowing frenzy that sluiced zillions into a
hyper-inflated housing market that is timed to detonate just as wistful Alan
picks up his gold watch and heads for the exit.
Good thinking, Alan.
Now, after years of mismanagement, Greenspan is offering caveats about the chaos
he's leaving behind. In his typical gibberish the chairman has warned of
"painful" adjustments if deficits are not brought under control.
"Painful" or life threatening?
It was Greenspan, the budget-busting tote for the patrician-class, who defended
the lavish Bush tax cuts that put the country on the fast-track to doomsday.
Now, he's joined Grover Norquist and the "privatization-kooks" who want to
dismantle the tattered ruins of the social safety net and christen the new epoch
of predatory capitalism. Alan is a big supporter of "survival of the fittest"
economics; the notion that people at the bottom of the societal food-chain
deserve to be there so their Nietzschean overlords, like the Fed-chair, can rule
supreme.
As Greenspan applies the last few turns of the screw (raising interest rates
twice more before he leaves) we're bound to see the credit-shackled middle class
begin an orderly march towards the nearest cliff where they will quickly
disappear lemming-like into the sea.
Seriously, the American people have no idea of the economic firestorm that's
just around the corner.
The economy is underwritten by $8 trillion of debt, requiring massive $2 billion
infusions of foreign capital EVERY DAY. As former Fed-chief Volker noted, "It
can't go one for ever."
No it can't. Besides, it's all part of a neoliberal plan that has been
successfully executed throughout the third world; plunging the host nation into
insurmountable debt with the help of crooked regime (Bush and Co.) and then
pulling the rug out from under the shocked public. The massive and calculated
deficits are intended to create a crisis of insolvency, resulting in the same
type of "shock therapy" and "structural readjustment" programs the IMF applies
to bankrupt nations around the world. Greenspan has moved the country closer to
his goal of dismantling popular social programs so the captains of industry can
privatize the public's assets.
So, how did Greenspan pull it off?
How did he keep the somnolent American public from noticing the widening
deficits and the alarming transfer of wealth from one class to another?
The answer is; low interest rates, the toxic elixir that can incapacitate an
entire nation, leaving its people drowsy and indifferent to imminent disaster.
Recently, Greenspan has begun warning of the difficulties ahead, cautioning that
our problems will only be "compounded by a protectionist reversal of
globalization". In other words, prepare yourself to compete with the lowest paid
worker in Canton province. The hemorrhaging of high-paying jobs that sustain the
middle class doesn't bother the Fed-chief. Greenspan has the same irksome sense
of equity as his ideological-twin at New York Times, Tom Friedman. Friedman has
been preaching the gospel of "free market" capitalism for years. Neither one
tries to conceal their contempt for organized labor or the redistribution of
profits. Friedman's Brigadoon is identical to Greenspan's; a land of milk and
honey where 99% of the denizens live in abject poverty scraping to get by and
where the not-so-invisible hand is savagely affixed to the throat of a permanent
underclass.
Welcome to Greenspan's nirvana.
Greenspan also warned that the budget "will substantially worsen in the coming
years unless major deficit-reducing measures are taken."
"Deficit-reducing measures"? You mean, like rolling back the Bush tax cuts?
Hell no; class-warrior Alan said "he did not believe that major increases in
taxes were the solution".
Of course, not. Why should the fat-cats in the silk suits and Ferraris have to
pay their share? After all, we can just raise the payroll tax again (Greenspan's
earlier plan) and take another pound of flesh from the middle class? No one will
notice.
Baby boomers retirement?
Not to worry; Greenspan suggests we extend the age of retirement to some
imaginary date when the wealthy will stop fleecing the poor and the national
ledger will magically balance.
Cradle to grave; Americans are being prepared for the slaughter. The chances for
upward mobility or even subsistent living are being eclipsed by the day. The
yolk that one shoulders at birth will follow him until his death.
Greenspan's racketeers have absconded with the nation's bounty behind a
smokescreen of low interest rates. They lulled us to sleep with soothing words
of "no-interest loans", no down payments, and a real estate windfall for anyone
bold enough to sign on the dotted line.
Now, the grim reality has begun to set in. Interest rates are rising, the dollar
is reeling, energy costs are skyrocketing, consumer confidence is plummeting,
and gold is shooting through the roof. When China and Japan decide to jettison
their worthless US Savings Bonds; Greenspan's mighty fortress will collapse in a
heap.
The American people are crazy to think that a privately owned institution like
the Federal Reserve will ever function in the public interest. The Fed operates
behind an iron-curtain of secrecy to protect the interests of its primary
constituents; the parasite class. It was authorized under executive order by
Woodrow Wilson who was coerced into putting the country's future into the hands
of its central bankers so he could finance World War 1. Bankers have always
understood that the one who holds the purse-strings calls the shots. This
explains what Thomas Jefferson meant when he said, "Banking establishments are
more dangerous than standing armies."
While Greenspan teeters off to retirement, he can be confident that his trap has
already sprung. The country is dead-broke and will be forced to comply with the
demands of its creditors. The impending "austerity measures" will be used to
reshape the fabric of American life; a complete reordering of society to meet
the standards of a modern capitalist utopia; Greenspan's paradise, the United
States of Destitution.
Mike Whitney lives in Washington state. He can be reached at: fergiewhitney@msn.com
View Post
Greenspan `Mess' Risks U.S. Recession, Stiglitz Says
Nov. 16 (Reed V. Landberg and Paul George - Bloomberg)
Joseph Stiglitz, a Nobel-prize winning economist, said the U.S. economy risks
tumbling into recession because of the ``mess'' left by former Federal Reserve
Chairman Alan Greenspan.
``I'm very pessimistic,'' Stiglitz said in an interview in London today. ``Alan
Greenspan really made a mess of all this. He pushed out too much liquidity at
the wrong time. He supported the tax cut in 2001, which is the beginning of
these problems. He encouraged people to take out variable-rate mortgages.''
Some rather pointed commentary, including the role of Treasury in promoting Wall
St. (emphasis mine).
Financial
Hypocrisy
by Joseph E. Stiglitz
Joseph E. Stiglitz, a Nobel laureate in economics, is Professor of Economics at
Columbia University and was Chairman of the Council of Economic Advisers to
President Clinton and Chief Economist and Senior Vice President at the World
Monday, November 19th 2007
This article was received from Project Syndicate, an international
not-for-profit association of newspapers dedicated to hosting a global debate on
the key issues shaping our world.
This year marks the tenth anniversary of the East Asia crisis, which began in
Thailand on July 2, 1997, and spread to Indonesia in October and to Korea in
December. Eventually, it became a global financial crisis, embroiling Russia and
Latin American countries, such as Brazil, and unleashing forces that played out
over the ensuing years: Argentina in 2001 may be counted as among its victims.
There were many other innocent victims, including countries that had not even
engaged in the international capital flows that were at the root of the crisis.
Indeed, Laos was among the worst-affected countries.
Though every crisis eventually ends, no one knew at the time how broad, deep,
and long the ensuing recessions and depressions would be. It was the worst
global crisis since the Great Depression.
As the World Bank's chief economist and senior vice president, I was in the
middle of the conflagration and the debates about its causes and the appropriate
policy responses. This summer and fall, I revisited many of the affected
countries, including Malaysia, Laos, Thailand, and Indonesia. It is heartwarming
to see their recovery. These countries are now growing at 5% or 6% or more - not
quite as fast as in the days of the East Asia miracle, but far more rapidly than
many thought possible in the aftermath of the crisis.
Many countries changed their policies, but in directions markedly different from
the reforms that the IMF had urged. The poor were among those who bore the
biggest burden of the crisis, as wages plummeted and unemployment soared. As
countries emerged, many placed a new emphasis on "harmony," in an effort to
redress the growing divide between rich and poor, urban and rural.
They gave greater weight to investments in people, launching innovative
initiatives to bring health care and access to finance to more of their
citizens, and creating social funds to help develop local communities.
Looking back at the crisis a decade later, we can see more clearly how wrong the
diagnosis, prescription, and prognosis of the IMF and United States Treasury
were. The fundamental problem was premature capital market liberalization. It is
therefore ironic to see the US Treasury Secretary once again pushing for capital
market liberalization in India - one of the two major developing countries
(along with China) to emerge unscathed from the 1997 crisis.
It is no accident that these countries that had not fully liberalized their
capital markets have done so well. Subsequent research by the IMF has confirmed
what every serious study had shown: capital market liberalization brings
instability, but not necessarily growth. (India and China have, by the same
token, been the fastest-growing economies.)
Of course, Wall Street (whose interests the US Treasury represents) profits from
capital market liberalization: they make money as capital flows in, as it flows
out, and in the restructuring that occurs in the resulting havoc. In South
Korea, the IMF urged the sale of the country's banks to American investors, even
though Koreans had managed their own economy impressively for four decades, with
higher growth, more stability, and without the systemic scandals that have
marked US financial markets with such frequency.
In some cases, US firms bought the banks, held on to them until Korea recovered,
and then resold them, reaping billions in capital gains. In its rush to have
westerners buy the banks, the IMF forgot one detail: to ensure that South Korea
could recapture at least a fraction of those gains through taxation. Whether US
investors had greater expertise in banking in emerging markets may be debatable;
that they had greater expertise in tax avoidance is not.
The contrast between the IMF/US Treasury advice to East Asia and what has
happened in the current sub-prime debacle is glaring. East Asian countries were
told to raise their interest rates, in some cases to 25%, 40%, or higher,
causing a rash of defaults. In the current crisis, the US Federal Reserve and
the European Central Bank cut interest rates.
Similarly, the countries caught up in the East Asia crisis were lectured on the
need for greater transparency and better regulation.
But lack of transparency played a central role in this past summer's credit
crunch; toxic mortgages were sliced and diced, spread around the world, packaged
with better products, and hidden away as collateral, so no one could be sure who
was holding what.
And there is now a chorus of caution about new regulations, which supposedly
might hamper financial markets (including their exploitation of uninformed
borrowers, which lay at the root of the problem.) Finally, despite all the
warnings about moral hazard, Western banks have been partly bailed out of their
bad investments.
Following the 1997 crisis, there was a consensus that fundamental reform of the
global financial architecture was needed.
But, while the current system may lead to unnecessary instability, and impose
huge costs on developing countries, it serves some interests well. It is not
surprising, then, that ten years later, there has been no fundamental reform.
Nor, therefore, is it surprising that the world is once again facing a period of
global financial instability, with uncertain outcomes for the world's economies.
Satchidanand's ENERGY ENHANCEMENT Stories:-
After practising Zazen Meditation with Roshi Hogen Daido Yamahata for a time I began to feel him cleaning my Base Chakra every time I meditated. I was also doing Energy Enhancement techniques at that time which speeded up the meditative process. He used to wake me up early every morning and say "Get out of bed, Meditate Now!!"
Then by accident or by Luck. And to be Spiritual, you have to be lucky. I came across Swami Satchidananda of Yogaville.
I went to one of his talks and at the end of the talk he said "Lets Meditate for a couple of minutes."
So, we chanted Ha Ri OM and started to meditate.
I found myself one hundred feet in the air looking down at my body meditating below.
I looked up and there was Swami Satchidananda one hundred feet higher, saying "Come on up!! Come on up!!"
So I though that perhaps it would be a good thing to learn from him.....
In my interview with him I said what happened and said that I only had one problem in that I had heard that you were only supposed to have one Guru and Roshi Hogen was doing a really good job with me.
Satchidananda asked if I had any problems between the teachings of Hinduism and Zen. I said "NO, no problems!!" because I understood that the terminology of Meditation in Hinduism meant "The flow of Energy towards a Point of concentration" and Meditation or Zen in Japan meant Nirbija Samadhi or Enlightenment.
So he told me that I should think of Hogen and him as two engines on a train. Hogen was the one pushing
FROM THE BASE CHAKRA. He was the one pulling FROM THE CROWN CHAKRA.
Hogen was
the one looking after the base chakra. Satchidananda was the one looking after
the Crown Chakra.
And this
was proved to me later in his ashram and indeed everywhere I met him with
incredible experiences of the higher planes, of Initiation, of telepathy indeed
all the tales of Masters of the past came true when I was with him!!
And when I went on my "Grand Tour" of India I met up "Luckily" with many great Yogis and meditators. And with each one I had a wonderful Spiritual experience.
Sri Yogendra of Bombay had the reputation of not suffering fools gladly. If anyone was disrespectful he used to beat them up and throw them out!!
When he was young they used to put him in darkened rooms so that people could see the Prana, blue, rushing like electricty around his body.
He was 96 years old when I had my Interview with him. All I could do was to sit at his feet and remain quiet whilst he told me of his experiences. Spread out across the Whole Universe. In New York in the Thirties. Healing the children of Millionaires he earned enough to create his Ashram.
For the next day all I could feel was the energy rushing through my body Up and DOWN!! With a great Noise!!
That night, Yogendra told his son. "I can't seem to retain my Prana as well as I should. I think it is time to go!"
That night he died.
Same but different experiences with Hogen, Ramana Maharshi, Sri Sathya Sai Baba, Swami Satchidananda, Father Bede Griffiths and last but not least, Osho. http://en.wikipedia.org/wiki/Osho
All the stories like the ones above are waiting, eagerly, to be put into a book.
The purpose of Meditation practise is to get you into a state of meditation 24 hours a day. You need ENERGY to do this. You need ENERGY to get you into a state where you can receive more ENERGY!!
As Rumi said. You need to learn how to become a perfect thief!! You need to get quiet enough so that you can steal the energy of the Enlightened.
But the
real perfect thief is exemplified in PromeTheus. Like all Enlightened Masters,
he steals the fire from heaven and is condemned to have his liver eaten each day
by another student thief like an eagle and every night for it to be grown back.
This Fire comes from that Fire. But Fire still remains. - Mandukya Upanishad
To Catch Light yourself. To Become Prometheus.
This is why Energy Enhancement Techniques are needed to Speed up the Meditative Process.
Swami Satchidananda - E GO!! Techniques, like those of Energy Enhancement are also needed.
As Hogen said to me, "Meditate a little every day!"
As Swami Satchidananda said to me, "Meditate regularly for a while and with EnTheosiasm"
As Vivekananda said, "If one person can become Enlightened. If you can recognise that even one person has ever become Enlightened!! Then know. That YOU TOO, can become Enlightened.
IT IS YOUR DESTINY!!"
"EASY AND
SMOOTH ENERGY ENHANCEMENT PUTS YOU IN CONTACT WITH KUNDALINI ENERGY WHICH SPEEDS UP THE PROCESS OF ENLIGHTENMENT
AND INTELLIGENCE"
Masters... and the flowers showered, the
energy of existence flows.
Satchi
explained that if we had the power to heal our own blockages, we also had
the power to heal the blockages of others. The power to do this comes from an
integration of the body, emotions, mind and spirit created through the Core
Energy Techniques of Energy Enhancement within the Energy Enhancement
Buddhafield.
Satchi explained that the higher levels of Energy which create the Energy
Enhancement Buddhafield and the Energy momentum to heal the students and raise
their Energy Levels so that they can do likewise came from His connection with
his teachers, Zen Master Hogen from Japan, Swami Satchidananda from Yogaville in
the USA but previously a disciple, a Yogiraj, of Swami Sivananda of Rishikesh.
There is a transmission of Energy from Master to Disciple which occurs in
silence. The preparation for this is the student's responsibility but the Energy
always finds its place. It is the Energy of Initiation, which confirms the
student in his enlightenment, but before this Initiation, "you need to be there
before you can stay there."
Indeed, many people go searching for Integration and Enlightenment from
technique to technique and teacher to teacher whereas a true student can learn
anywhere. We need to increase that studentness within ourselves. We need to
learn to be a true student. The ability to learn. The ability to ask. The
ability to receive.
One lack of respect for the teachings. One negative word, ONE BLOCKAGE, and
heaven and earth are set infinitely apart. One negative word can destroy the
silence of a moment.
Swami Satchidananda talked of the time when Swami Sivananda died and of the
Energy Initiation, which came to him at that time even though he was in Celon
and Sivananda was dying in Rishikesh. He felt that some of Sivananda's fire had
been given to him at that time.
Each Spiritual Master is a gift from existence, working in his own personal
individual way to express his gift, his way, his energy channelled from the
universe itself. They are individuals with strong personalities, "Personages!!"
unselfishly aiming their lives at the benefit of humanity, the world and the
Universe.
Even the intellect gets confused because the intelligent energy of
existence,
above the intellect, chit shakti, is the guiding force and initiator. Each spiritual master
is as different from the others as a rose is different from a lily.
Just smell the perfume. Are they not the flowers of the Universe itself?
As Jallaluddin Rumi
said around 1200AD, "Take what is in my hand!
If you have
lost heart in the Path of Love
Flee to me without delay
I am a fortress; invincible - Rumi
Satchi explained that after working
with Zen Master Hogen and Swami Satchidananda for many years, these energy initiations had come to him also.
Sri Yogendra of Bombay.
Satchi had the last and his only interview with
Sri Yogendra of Bombay. Sri
Yogendra died that same night saying that at the age of 96, it was difficult
for him to hold in his energy. And this from a man who in his prime they used to
put in darkened rooms where people used to go to see the prana, bioenergy,
rushing blue over the surface of his body.
In the interview, Satchi said he could only sit at the masters feet and say
nothing.
Yogendra glanced at him and he was drawn to sit. Rooted to the spot. Yogendra
talked of the time he was in New York, healing the children of millionaires. It
was there in the 1930s where he gained the money to build his ashram in Bombay,
"They used to appreciate me there and gave me a black stallion to ride around on
in Central park."
Satchi heard him say at the end of the interview that the
people of England had good hearts, and this from a Master who in his early years
had had the reputation of beating up students who took liberties, showed a lack
of respect!! He knew that by these words Shri Yogendra had judged his heart and
found him worthy.
And then afterwards the energy.. Sent to him by Yogendra, which he was given
during the interview. WHOOM! WHOOM! Up and Down. Down and Up. From Heaven to
Earth and Earth to Heaven. ENERGY!! with great noise for 24 hours!!
Usually
gurus are given the energy of Transmission by their Masters and here is the
Master of Shri Yogendra, Paramahamsa Madhavadasaji at the age of 122 years.
After
that last interview with Shri Yogendra the great Master died the day after.
Apparently he was talking to his son, Shri Jayadeva, the present head of the
ashram in Bombay, and he said that it was getting difficult for him to hold onto
his energy, it was time for him to move on to the other plane, he was going.
OSHO
Satchi attended his only and last Satsang with
OSHO
on January 16th 1990. During the Satsang, Satchi
had the experience of seeing Osho's aura. Satchi's mind just stopped, during the
satsang when Nivedano hit the drum. As it stopped he saw the physical aura of
Osho, Yellow, Black and horrible just one inch away from his skin. I suppose
this is my vision of the poison which killed him, Satchi said.
But then the spiritual aura came out, white and filled with light up to 10 feet
away from Osho and then Whoof!! It spread out over the whole of the Buddha hall
and filled it with white light.
Satchi said he just sat there, tears falling
down his face for what seemed forever.
Osho died 2 days later.
Father Bede Griffiths
http://en.wikipedia.org/wiki/Bede_Griffiths
And then at the "Satchidananda" Ashram of the Bendictine
Father Bede Griffiths
(Also named Guru Swami Dayananda)
on the banks of the River Cauvery in Tamil Nadu in Southern India. More energy
phenomena. Father Augustine was giving mass and as usual Satchidanand, not a
Catholic, with a Ho Hum lack of respect was there.
As Augustine raised the
Chalice to heaven, Satchidanand saw a ray of lightning hit the chalice, bounce
off and deflect into his heart center. This had the effect of making him burst
into tears.
Father Bede, a famous
Benedictine monk who
wrote many books exemplified the urge of the Benedicines to Ecumenise, to explore the Energies of the Hindu Religion,
where he took Sannyas, taught from the Bible Upanishads and the Gita, "its all
in the explanation!" had his
first heart attack 2 days later at the age of 96 and died 3 months later.
And then 2 days before Satchi's Master,
Swami Satchidananda, died at the untimely age of 89, Satchi
felt the transmission of Energy from his Master. Filled with white light for 3
days in a row, in the middle of the night for hours, unable to sleep.
Masters
get given energy on the death of other Masters. Masters get given and store up
energy, the energy of enlightenment, the energy of transmission, the high level
atomic energy given by the scepter of Initiation by Sanat Kumara.
They store
energy all their lives to do their work and to give to other people all of their
lives. Upon their death, that energy needs to pass onto their successors. And
that Energy transmission is what helps to create the next generation of Masters.
Swami
Satchidananda said the same thing happened to him when his Master,
Swami Sivananda Died.
http://en.wikipedia.org/wiki/Sivananda
Satchidananda was in Celon at the time and the Dying Sivananda
was in the Himalayas, but the energy still passed to him.
Masters take no heed of which religion they are born into. They become channels
for the light despite, or rather because of, the general low energy level of the
world and its corruption and mixedness. It is their job to raise the energy of
their students and of the world in the few short days before they leave this
planet. To leave it a better place than when they came.
As I leave after a couple of days in the company of Devi Dhyani and Satchidanand
I look forward to my future training with them Learning Energy Enhancement
Levels One, The Connection with Energy!! Energy Enhancement Level Two, The
removal of Blockages and Energy Enhancement Level Three, the Mastery of
Relationships and the Psychic Sexual Energy Connection, this August.
OLYMPIA PANZA 2004
Fortunately, all you really need to do is become an Energy Enhancement student
and follow our student program, either on the Online Course, Video Course, or on
Energy Enhancement Courses in the Energy
Enhancement Buddhafield with Satchidanand and Devi Dhyani.
Once you have enrolled you will be taught a complete holistic life management
system that takes you through all the various and important stages of healing
and enlightenment.
Satchidanand has been practising Yoga, an
Ancient preliminary Technique for Energy Enhancement, since he was 16 years old.
ENERGY
ENHANCEMENT TRANSMUTES ALL PROBLEMS TO REVEAL CREATIVE INTELLIGENCE!!
COME ON AN
ENERGY ENHANCEMENT COURSE!!
THE
DOWNLOADABLE ONLINE COURSE
THE VIDEO
COURSE IN 9 DVDs
THE
ONLINE/VIDEO COURSE COMBINATION
SUMMER
COURSES ON THE COSTA BRAVA IN SPAIN
WINTER
COURSES IN MACHU PICHU, BRAZIL, ARGENTINA AND INDIA!!!
Meditation Energy Enhancement Broadcast 2007 Feb 21ST
Meditation DVDs The Karma Clearing Process, LISABETAS TESTIMONIAL Blockage
removal, Manjushri, OSHO Hsin Hsin Ming: The Book of Nothing Talks on the
Enlightened Mind of
Sosan, The Great Way
ENERGY ENHANCEMENT IS
THE NEW, SAFE, SMOOTH AND FAST WAY OF LOSING ALL INTERNAL NEGATIVE ENERGY AND
PAIN BECAUSE IT WORKS ONLY AT THE ENERGY LEVEL, THEREFORE SPEEDING UP THE PATH
OF ENLIGHTENMENT.
ENERGY ENHANCEMENT HAS HELPED MANY
PEOPLE ON THIS PATH FROM THOSE WITH THE BIGGEST ENERGY BLOCKAGES TO THOSE WHOSE ASPIRATION IS
TO HELP THE WORLD AND ALL THE PEOPLE IN IT.
ENERGY ENHANCEMENT CAN HELP YOU!!
Part of
Satchidanand's Web Blog
- "I was meeting a nice girl of 28 this morning here at our center in Rosario.
She is a
Psychologist but has fallen out of love with Psychology because although it
explains things intellectually it gives no TECHNIQUES apart from talking to
change anything
internally, particularly in herself. You can see how effective Psychology
is by looking at Woody Allen.
I connected with her base chakra and
her inner child showed me all her chakras and blockages one by one. A very
interesting experience. First the Base chakra, one fear and security blockage
which I removed very quickly. Then the second, a pain filled relationship
blockage which I also removed. Then all the chakras solar plexus, heart etc,
feeling the general dirtyness of the psychic body usually cleaned with
The
Grounding of Negative Energies but no major blockages. Then the head,
two blockages, one a person who had just died, very deep and negative. I removed
the first blockage but the other one was more difficult and stayed with me,
absorbed by my psychic body, for a day before I sent it on.
She felt the movement
of energy blockages in the head and in the body as my mind and energy was
working on her and told me that she normally got a lot of headaches. She was
interested in my exposition of Energy Enhancement as all the while I was working
on these blockages I was also talking to her. Such openings show an educated
psychic body, one with talent. Not everyone who comes to the Guru has similar
experiences. Some also get more. She and I felt that with training she also
might be able to help her clients in a similar way. So, she is coming back
tomorrow to try out the process, to get her first Initiation in Energy
Enhancement."
Energy Enhancement does
exactly
what it says on the Tin!
James Ellerbeck, Yoga Magazine of Great
Britain.
Here
I am today, sitting down, putting pen down on paper whilst gathering my thoughts
on the amazing Energy Enhancement Course
that I am currently on.
Where do I begin? Firstly, I felt it would be great to
share
my experiences of the Energy Enhancement course with other like-minded people.
The following information is for those interested in
growing spiritually, and
wanting this world to become a better place - starting from improving
themselves!
I am a brother of yours,
who has traveled a little longer upon the Path than has the normal student, and
has therefore incurred greater responsibilities. I am one who has wrestled and
fought his way into a greater measure of light than has the aspirant who will
read this webpage, and I must therefore act as a transmitter of the light, no
matter what the cost.
I am not an old man, as age counts among the teachers, yet I am not young or
inexperienced. My work is to teach and spread the knowledge of the Ageless
Wisdom wherever I can find a response, and I have been doing this for many
years.
I seek also to help the ascended Masters whenever opportunity offers, for I have
been long connected with Them and with Their work. In all the above, I have told
you much; yet at the same time I have told you nothing which would lead you to
offer me that blind obedience and the foolish devotion which the emotional
aspirant offers to the Guru and Master Whom he is as yet unable to contact. Nor
will he make that desired contact until he has transmuted emotional devotion
into unselfish service to humanity - not to the Master.
The words that I have written are sent out with no claim for their acceptance.
They may, or may not, be correct, true and useful. It is for you to ascertain
their truth by right practice and by the exercise of the intuition. I am not
interested in having them acclaimed as inspired writings, or in having anyone
speak of them (with bated breath) as being the work of one of the Masters.
If they present truth in such a way that it follows sequentially upon that
already offered in the world teachings, if the information given raises the
aspiration and the will-to-serve from the plane of the emotions to that of the
mind then they will have served their purpose.
If the teaching conveyed calls forth a response from the illumined mind of the
student worker in the world, and brings a flashing forth of his intuition, then
let that teaching be accepted. But not otherwise.
If the statements meet with eventual corroboration, or are deemed true under the
test of the Law of Correspondences, then that is well and good. But should this
not be so, let not the student accept what is said.
Djwan Khul - Tibetan lama
Our Deepest Fear
Our
deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure.
It is our light, not our darkness that most frightens us. We ask ourselves, Who am I to be brilliant, gorgeous,
talented, fabulous? Actually, who are you not to be? You are a child of God.
Your playing small does not serve the world. There is nothing enlightened about shrinking so that other
people won't feel insecure around you. We are all meant to
shine, as children do. We were born to make manifest the glory of God that is
within us. It is not just in some of us; it is in everyone. And
as we let our own light shine, we unconsciously give other
people permission to do the same. As we are liberated from our own fear, our presence
automatically liberates others.
by Marianne Williamson from A Return To Love:
Reflections on the Principles of A Course in Miracles
(Note: This is often found on the Internet
incorrectly stated as a quote by Nelson Mandela from the
Inauguration Speech, 1994.)
NEW!!
REFLECTIONS ON HOW TO DO WHAT YOU LOVE
BY PAUL GRAHAM
"An example of one of the different
types of Energy Blockage is that they are sometimes created when we do not
get what we expect, or we get what we do not want. They are caused by the
pain of disappointment.
Like when our Mother or Father or Son or Daughter dies. Like when a Lover
leaves us.
This trauma, this pain is so strong that at that moment the mind can not
look at it, so it gets locked away within the body until we get strong
enough to process it.
Then amnesia. We forget the pain fulminating in our bodies. We forget the
poison until, after a while, disease is the result."
Satchidanand
WHAT DON MINIHANE SAYS OF HIS
MEDITATIONAL EXPERIENCES ON THE JANUARY 2007 COURSE
DON
MEDITATING AFTER A FEW DAYS ON THE COURSE -
"To expand, I
was sitting in meditation the other night and was happily destroying
blockages in me using the Seven
Step Process of Energy Enhancement taught by Satchi and Devi when
I was staggered by something new. I watched as negative energy transmuted
into white light and travelled down to the centre of the earth then returned
up my spinal column and carried on into outer space to the centre of the
universe and then returned back to me through the crown chakra and down the
front of my body through the throat centre then the heart centre and the
solar plexus, on to the genitals and in to the perineum, through to the
centre of the earth and returned back up my spine and so began this new
orbit of energy.
The effect was
something else; it shot through me at incredible speed. This carried on and
got denser and more powerful as I discharged more of the negative energy
within me. This energy took the form of bands of light that followed each
other in waves travelling at equal distance apart and as I discharged and
transmuted more negative energy the bands got closer together and I found
that I could control the speed at which they travelled through the body.
Satchi calls this orbit the Supra Galactic Orbit
which travels up the ANTAHKARANA
into the centre of the universe and down through the centre of the earth
passing through the front of the body on the downward sweep and returning up
the spine on the outward sweep. I was complete."
<>
TOTAL RESPECT TO
SATCHIDANAND AND DEVI DHYANI
Satchi, please accept my total
respect and gratitude for everything you have imparted to me over the short four
weeks I have been here. You are a huge light in this world and long may you
shine. For everyone reading this, get your asses over to see these people, your
lives will be changed forever and we don’t get many chances in this world to be
able to achieve that and there are defiantly not many people in this world like
Satchi and Devi who can do the business like this.