Tuesday, March 29, 2011

The Present Financial Institutes Are The Modern Temples Of Money!!!

Ancient Babylonian laws indicate clearly that the ancient temples occupied the most important positions. It received income from its estates, from tithes and other fixed dues, as well as from the sacrifices (a customary share) and other offerings of the faithful—besides money and permanent gifts.

The temples became great granaries and storehouses and were also the city archives. The temple had its responsibilities. The poor farmers came to the temple to borrow seed, grain, or supplies for harvesters etc. The king's power over the temple was not proprietary, but administrative. The king borrowed from it but repaid like other borrowers. The similar phenomena we see in the present context where governments of the world have no proprietary over financial institutes other than administrative. The governments have been restricted and kept outside the temple of money. They can avail the services of temple by borrowing money on the promise to pay back the debt with interests.

The present federal monetary system of the world acts like the modern temple of money. It is independent of state's interference but acts as the banker for the government and people. It is the modern god of people and money. It supplies all the money and creates money out of thin air like magic.

The point I want to make here is this: we have adopted the same old system of Babylonian laws to solve our present socioeconomic condition. I suppose that it is not the best invention and discovery of mankind so far. It is merely an imitation and you know there is nothing new for the new world and new context. We have been sweeping the dirt with old brooms and old brooms can't sweep properly all the dirt away. We have borrowed this idea and it is not serving its people properly.

Humans have reached great breakthroughs in technology, innovation, machinery and softwares, can't we reach another breakthrough in 'financial technology' which can guarantee the society to lead a worthy life of praise, honour and respect? Most certainly yes, we can innovate a system that caters to everybody's needs and surly it will be a successful existence on the earth.

Why not reform our present federal monetary system which has derailed the world economy and through quantitative easing aka printing more and more money that has only depleted the money value so much that there is hyper-inflationary like uncomfortable situation? If smart people are able to invent internet, google, youtube, facebook, spacecraft, rocket, nuclear energy etc then surely we will be able to figure out ways to solve economic crisis with new technology that suits the humanity best. Let's look forward to the new dawn of discovery, innovation, invention and change and transformation.

Alwed Ekka

Tuesday, March 1, 2011

Don't Ever Lose The Sight Of Your Fortune!!!

Many students join the schools, colleges and universities with a goal and focus to study and graduate with good grades hoping to have a better lifestyle. Every year fresh students apply for jobs with good intentions to excel in life but there is one common factor that disables these people and that is lack of focus on the sight of their fortune.

Almost all people seek to make their future brighter but they lose the sight of their fortune because many other entertaining activities derail their attention and focus as a result they all falter and fail in realizing their fortune. By fortune here I mean the freedom to pursue their independent goals and ambitions.

I wonder if these people persist long enough in focusing on their fortune, goal or purpose, they can truly surprise themselves. Many people go off course because there are many silly things that take their energy and focus for example the short-term entertainment, fun, friends, short-term gratification etc. These activities appear so alluring to the students that they get carried away by the immediate pleasure gratification.

My only advice is never to lose the sight of one's fortune because fortune will offer great lifestyle for the rest of life and thereby live in freedom, peace, happiness and health. People do fall down once in a while but they should never lose the sight of their fortune. There are many great men and women who never lost the sight of their fortune such as Abraham Lincoln, Thomas Edison, Wright Brothers, Steve Jobs, Bill Gates, Mother Teresa, Mahatma Gandhi, Nelson Mandela and many others. These people held on to their fortune, purpose, mission and goals until they achieved them though it was not so easy to keep the focus.

Maintain your focus on your goals no matter what because that is what you want to get, be, have and enjoy in life. Don't ever lose the sight of your fortune because you won't be happy any longer than you think so. Pursue your fortune rather than the fake fortune which allures us so easily by being full of fun and pleasure for a brief time. But always remember that you don't give in to such immediate notion of fortune or fun.

In the long run, what really matters is how close you come to your destiny and what it offers you in the long run. Don't get fooled by little things that seem to be promising but they don't have long term guarantee for your fortune.

Alwed Ekka
Guide Coach Mentor