by Guise

Created on: March 13, 2009

Where is the Value?

If I could choose one macro-political issue to speak of with everyone I meet, it would be "fractional reserve lending". It really objectifies our perspective on money. When digging this rabbit hole, the enormity of how far reaching our financial systems actually are, becomes increasingly evident. An infinite amount of "dollars" are created in computerized accounts at the whim of a keystroke...so where is there any substantial value? It can take a lifetime for one human being to earn a fortune through labor, but the same amount is created instantaneously by a PC program. No valuable consideration, or compensation for middle class workers in the least.

The ways of economic accounting, although complex and consistently conducted with hubris... may at times make some sense, however diluted. Yet, common sense is completely circumvented, and this human potential is not the product completely of nurture. Unless of course you either do not see, or consider the fact that: Well known societal values and civics combined, have given us our morality and sense of ethics. Don't kill, don't steal, and try to help.... simple. Even for those forced into situations where survival of the fittest is a driven societal ideology. People know they shouldn't be doing something because it may be immoral, forgetting that we each have our own sense of morality. Sadly though, they might do it anyway....hence the freedom of free will. This is not to suggest that leading by positive example, with empathy and guidance, is to be left out of the equation.... because it is utterly important to the development of both a child and an adult.

That being said, when speaking of labor compensation, you can see the importance of such requirements as corporate transparency in society. Especially for government agencies, because they all have a shared hand in controlling how much "money" is returned to the worker for time spent laboring. Again I ask, how do we know that the compensation is fair and balanced? One way is to attain a list detailing every asset leveraged as collateral on U.S. Debt.

You see...it is sort of a crime to hold a debt, securitize it to create a corporate asset, and then passing liability that comes from volatile financial performance, on to the people. Without them knowing how, where, and when the process takes place, economic landslides and high rates of joblessness ensue. An elitist would say simply that " This is how it is". As if to suggest, that even though

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