by Michael Mamas | Thursday, October 7, 2010 | World View |
Some years ago, when the Wall Street derivative crisis surfaced, I pointed out that the real culprit was the computer boom. Our government was simply caught asleep while Wall Street created a huge, virtual, gambling-casino, card-house with computers. The multiple leveraging and complexity resulted in a complex maze of indebtedness with essentially no real assets securing the investments.
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Essentially, the computer boom once again created a similar complex maze in the mortgage industry. Banks sold mortgages multiple times all through computer transactions. The original documents were lost. Now, banks are unable to foreclose without being able to present those original documents. It has created a 1.4 trillion dollar mess. Homeowners can make a play to legally claim they owe nothing. Courts may well be bound to agree. Legislators may need to step in to avert total chaos.
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The complexity didn’t stop there. Banks could shuffle around money so quickly within the cyberworld that it became like a shell game. Money could appear and disappear instantly under whatever shell they wanted it to. This is where the money came from for many of those mortgages. Strictly speaking, the banks didn’t even have the money they loaned. It was a big financial shell game.
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It is yet to be seen what calamities will arise due to the government’s inability (perhaps understandable inability) to keep up with the complexities of the exploding computer world of the financial markets.
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Big financial companies like Goldman Sachs made fortunes. They started out bankrupting small companies to reap huge financial rewards. For example, selling AIG useless paper. They went on to create such complex financial structures that regulatory agencies were unable to identify deviations from regulations. This enabled them to put companies so far in debt, they were unable to stay afloat. Not satisfied with those millions, the financial industries moved onto nations. For example, Greece, which ended up far more in debt than the International Monetary Fund (IMF) would ever have allowed.
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George Soros has made billions by destroying currencies. For example, Malaysia and Britain. Some believe he has now moved on to the United States as his next victim. The finesse and complexity of these markets eludes government inspectors. With increased regulations, some of the little guys will be caught. But the big fish will remain unscathed.
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It is really nothing new for big financial powers to manipulate the market from behind the scenes. The great depression of the 1930’s was created for profit. The good news is that computers are making information readily available to all the people. I look forward to the time when all cards are face up and the financial markets operate in a harmonious and life-supporting manner. This cannot be done through regulation alone. The regulators are simply no smarter than those whom they regulate. Positive global transformation can only come about through elevation of world consciousness. That is our domain. It is our purpose. By watering the root of life, all aspects of life blossom.
© Michael Mamas. All rights reserved.
by Michael Mamas | Wednesday, October 6, 2010 | Mount Soma
As we continue the construction of the Somanath Temple at Mount Soma, we thought it would be nice to show some images of the Temple and Mount Soma that have been taken over the past few years.
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Mount Soma Images
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We will continue to update this portfolio as Mount Soma continues to grow.
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© Michael Mamas. All rights reserved.
by Michael Mamas | Tuesday, October 5, 2010 | Spirituality
When we say we’re beyond science and we’re just going to be one with God so we don’t want to talk about consciousness in terms of science—two things happen.
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First we go into denial of a big part of the way our physiology functions and has been conditioned to function.
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Secondly, the notion of God is merely an echo until the greater physiology is capable of maintaining a lively connection with the transcendental level in its awareness.
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One way to define God is to say that God is a personified value of that transcendental realm. Or it may be better to say that the transcendental realm is the objective perspective of God. Take your pick. The point is that if you can’t hold that transcendental value in your being and you start talking about God then you’re talking about some astral echo or whatever it is your physiology can maintain. Everything just becomes emotional and all you end up doing is reinforcing that level of your being over all the others, throwing off the integration of all the levels.
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It’s the sticky universe at work. In the name of becoming one with God you become more stuck, more blocked from becoming one with God.
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Human evolution isn’t about being in denial of the self-interacting dynamic of existence and what it manifests. Human evolution is about being able to function in all of that dynamic without losing your identity to it.
© Michael Mamas. All rights reserved.
by Michael Mamas | Thursday, September 30, 2010 | Relationship, Spirituality
Understand another by finding that person within yourself and exploring from there.
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© Michael Mamas. All rights reserved.
by Michael Mamas | Tuesday, September 28, 2010 | Spirituality |
Morality is based in subtle principles of nature. We access those principles by refining the finest fabric of our own being and sensing what resides within us. This enables us to live in harmony with our own nature.
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Human nature finds its unification with all of nature, all of existence, within the transcendent. By living in harmony with our nature we live in harmony with all of nature. We further our evolution, happiness, and fulfillment. We become beacons of morality for all of society.
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Throughout the ages, moral rules of conduct have been formulated based upon the behavior of evolved people. These rules have been passed down from generation to generation to support and uphold humanity, and have become revered as time-tested codes of conduct.
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But nature cycles. As nature cycles, the laws of nature cycle as well. We live in a time when many look at the ancient codes of moral conduct and shake their heads. They point out rules that make no sense in modern times and feel they have no alternative but to reject the dated rules altogether. Our rapid-paced, fast-changing society has lost moral maturity.
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When we look for guidance, responsible custodians of moral wisdom are difficult to find. Many of the ancient teachings are clearly from another age, for another people. In today’s society the benefits of pursuing a moral life are obscured by our spiritual immaturity and short term, material interests.
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The seemingly amoral phase we are in is a normal stage in the process of change. The lack of spiritual clarity and moral base will inspire deep thinkers to come forward and breathe new life into our world. New understandings will be established that will assist this generation and future generations to live a life consistent with our evolving nature and with the nature of existence.
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The process is, after all, eternally dynamic. We discover, uphold, and move past social conventions. The wisdom that dwells in our hearts is our guiding light.
© Michael Mamas. All rights reserved.
Some years ago, when the Wall Street derivative crisis surfaced, I pointed out that the real culprit was the computer boom. Our government was simply caught asleep while Wall Street created a huge, virtual, gambling-casino, card-house with computers. The multiple leveraging and complexity resulted in a complex maze of indebtedness with essentially no real assets securing the investments.
