 Acropolis What are hedge funds and how are they basically worked?
These are funds commandeering extremely large pools of money created by the excessively rich and maintained by whiz kids. This money is used, among other things, for manipulating the trading prices of certain stocks and shares. It is systematically done by creating elaborate trading instruments where small amounts of the pooled money are used to leverage massive loans from banks when speculating on mega trading ventures. These massive loans freely given by the banks act as the means for adding more money to the pool. The profits made from the manipulative ventures add to the size of the pool and the banks are handsomely rewarded. If a venture fails, the lending banks in turn are likely to fail. Whenever this happens, national governments are called upon to bail out the banks by increasing taxes on the general public or by imposing other methods of austerity measures. In this way, the money is collected from the public at large to pay for the failed ventures, hence the name 'hedge fund'. This method of wealth transferal to the mega rich has been gaining momentum since the 1980s. Central banks, even the IMF, are all being used as instruments of this game that triggered the massive bank crashes of recent and the subsequent bailouts by national governments having little or no say in the process. The bailout funds were used to save the banks and are still being paid back by the people. This translates to an ongoing upward transference of wealth from the ordinary working people of the world to the excessively rich. There is no value added to humanity in this ingeniously devised wealth transferal process that's entirely driven by greed. When enough people see it exactly as it is, a cure might arise for this terrible disease.
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 Summer in Ireland What is intelligence? Could it be that illusive something innate in all things? The seed entering the earth and sprouting into a beautiful flower, shrub, tree according to its nature is surely an act of intelligence. Looking attentively, it can be seen that beauty has its own intelligence, that love and compassion has the beauty of its own intelligence. But whenever I'm looking as a Buddhist, Christian, Muslim, nationalist, capitalist, socialist, philosopher, whatever, this natural beauty of intelligence is gone. It becomes twisted, distorted by the wretched condition of the mind. Can we see this? Actually see it? Can we see that knowledge is not intelligence? One can be very erudite, smart, clever, cunning in the ways of the world, in the ways of the projecting consciousness of humanity in its current condition, and yet be devoid of intelligence. When we look at all the wars, pain strife, the wretchedness of the businessman, the violation of humanity, all the wrong actions hidden by suitable regulations, our condition, which is not intelligence, becomes apparent as being the unavoidable norm. Why should it be so? Inquiring into all of this, clearly and sanely, is surely an awakening in the human brain cells to intelligence. Quite obviously, it is only when intelligence is in operation that right action ensues.
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December 2018
AuthorAlan Conlan 
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