For the 102nd session of the Philosophical Foundations of Law and Finance, to be held from 6 to 8pm tonight, Friday March 30th 2012, in room 501, University of Westminster campus, we will: (1) collect the LLM dissertation titles from students and (2) examine the causes of the perrenial Great War (making peace between our genetics and our genuine spiritual being) and the ongoing Great Depression (making war between superficial consumerism and our lives).
As a philosophy student studying Plato and Aristotle in Princeton during the Vietnam War, it became obvious to me that a lot of my very brilliant colleagues who'd received princely educations believing that they would become very rich (millionaire-billionaires adjusting for inflation), movie stars, rock stars and presidents, would become relatively average and sedate, if not sedated, and those who did not fall under medication, would become very pissed off, having squandered their God-given talents chasing the meaninglessness of empty suits.
Today, the Arab spring is just one of the global blooms of corrupt political-economic systems where holier than thou public servants have hundreds of billions of dollars of personal wealth while their poor citizen have not even one ounce of zakat, and as the political elite have continuously "bailed out" the bankers in the US and Europe, we have immense bubbles that can be resolved only in terms of debt forgiveness (where bankers take the hit) or more fascistic totalitarianism (where the good taxpaying citizens are debt enslaved). To clarify these choices, we have some beautifully illustrated lectures by David McWilliams of Punk Economics via Zerohedge:
http://www.zerohedge.com/news/how-europe-has-evolved-democracy-bankocracy-and-why-austerity-will-lead-chaos
http://www.zerohedge.com/news/europes-cash-trash-ltro-scam-and-indentured-servitude-citizenry
http://www.zerohedge.com/news/liquidity-and-false-recovery
Enjoy your spring wherever you are and be prepared for another kind of spring coming soon to your door.
Ciao
Joe
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