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Response To That Final Question:

Ignorance is the Bane of Man.
At a distance removed,
Dimly remembered, and
Still not seen distinct,
But yet somehow felt;
What we do sense
Is not reality; is not the Real Thing.
This World is hologram.
Then; for lucid sleep;
For it's just a dream
Within another dream
And we are not awake.

Seven Stars' Song of Revelation

Ignorance is a jail where no escape
Is possible but through knowledge.
Don't fear nor spurn. Dare to learn:

Assent to and accept this world as it is
Before attempting ascent to any world
Aspired to or wished for. Life's glorious!

That That Is can be known but by few.
Not space, not time, not gravity exists;
But as Extension from Field of Thought.

Be subject to neither church nor crown.

Dread naught. Disdain none: Not One!
Absent That That Is, there's Nothing.

That That Is, IS. That That's Not, IS, too.
That That's Not makes That That Is: IS.
That That Is makes That That's Not BE.

By rowing to That That Is, I become "I."
Wind + Water = Wave. As THOUGHT is
The Heart and The Nave of The Wheel.

Worlds are created from Thought alone.
That which we will do is because of that
What we are. We'll become who we are.

Charity, courtesy, civility, compassion,
Are cardinal spokes making civilization;
Chivalry forms center, hub's circle core.

IS is! Be not the slave of some other's I.
This, Creed of our Seven Stars Society;
This, The Teaching of the Seven Stars:

No man can be happy if he should choose
To be exile from his own nature and soul.

Precognitive Prescient Prophetic Poetry by WILLIAM O'CONNOR

Friday, June 12, 2009

Selling the USA

The United States has had to issue three and a quarter trillion in additional treasury obligations in the current fiscal year and will be issuing the same amount of new debt in the next fiscal year. Naturally, that debt pays interest, or no one would be buying it. Russia, Brazil and China have notified the Treasury that they are now diversifying, which is a polite way of stating they don't wish to purchase many more debt obligations of the United States. US domestic purchasers, the citizens of the United States, are unable to purchase debt as they are leveraged out. Americans already owe more than one third of what they can make: the ratio of personal debt to personal disposable income for an average American is one-hundred-and-thirty-three percent of income. The average American is broke; so he or she shall not be purchasing any US government bonds. A government has two ways to secure the income necessary to continue its day-to-day duties: it can sell its debt and it can collect taxes. Of course, in order to collect tax, there must exist some income from which collection can come and there isn't. If the main buyers of government debt decide not to buy any more (Russia, Brazil and China); that source of income is also lost. There is always a third way to secure income of course: Sale of public assets, like land and rights that can be readily disposed. This appears to be the only viable option remaining to the government.

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