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| WEEK 08, 2009 |
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| Sunday, February 22, 2009 | ||||||||||||
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In time of crisis, people turn to intelligence, naturally. The only problem we have is the fact that, unfortunately, people have no idea what intelligence is. Intelligence, dear friends, is not not "experience", not "diplomas", not "licenses", and certainly not "prizes"; not here, on our planet, and not today. The news agencies throughout the world are working at full steam, day and night, as never before--man they keep on talking! They talk with the frenzy of solving things, to show the viewers that "they work very, very hard" based on the new principle, "the picture is worth a thousand words". Up to now, however, we have seen millions of pictures but ... still nothing. The politicians throughout the world feel trapped because they do not understand what's happening, and they do not know what to do. However, the same thing happens to the University professors, and particularly to those who teach Economy. Their past students are the leaders, the managers, and the CEOs of today, exactly the people responsible for the current social, economical, and political crises we live. No, we have absolutely nothing against any teachers, because they represent the first step of any education. The official school program provides only the "method of learning"; further from there, each student/graduate (and also each teacher) must learn by himself and, if possible, way beyond the letters of any book. Right! The Global Picture of the entire spectacle is, we suffer the dire effects of a single, worldwide crisis, dear friends: the intellectual one. THE FOCUS IS ON ECONOMY Most politicians are not interested in solving anything; what they want is only few "quick fixes" because they do not have much time to rule democratically. Well, dear brothers and sisters, there are no quick fixes. Let's consider only this economic crisis. Three major factors have contributed directly to the generation, and to the deepening of the current economic crisis: A. the banks B. the market C. big companies The banking system is the only instrument we have to keep the economy spinning; now, if this vital instrument is broken, then do whatever it takes to make it work again. Again, the entire banking system is only an instrument, and it must work as one, anyhow. In addition, to prevent future blockings, the interest on deposits related to the interest on loans needs to be regulated by laws so that the difference between the two is maximum 5%-7% (the smaller the difference, the smoother will the banking system work in the future). Further, all personal earnings in the banking system (and throughout the entire economy) need to be drastically regulated. The market is totally out of control today. Note that the market ceased to be a "regulating instrument" for a long time; what we have today there is only the (new) ground for absurd/aberrant financial speculations. The market also needs to be drastically regulated, and then shrunk to only a few commodities. The market needs to represent maximum 30% of the world economy. Big companies are acutely anti-social organizations by their very fundamental definition. No big company should be allowed to extend to more than 100 000 employees, and to more than 1 000 000 000 (one billion) yearly net income. Further, all laws should favor the small and medium companies--the true engine of social development--and they should eliminate from the very beginning any support for the big companies. Now, this is only our point of view presented as summarily as we can. We simply do not dare to develop it appropriately, since we have absolutely no intention to add to the general noise/news pollution. |
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