eastwind journals 83 – christmas anecdote – THE DERIVATIVE BUBBLE

A CHRISTMAS ANECDOTE – the derivative bubble
eastwind journals 83
by Bernie V. Lopez, eastwindreplyctr@gmail.com


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Joey, a man of strong faith, was hit by a lightning bolt when he discovered he suddenly had stage-4 cancer of the lungs, when he had no symptoms. The thought of death made him pray hard. He went to mass everyday. He never missed morning bible readings and evening meditation. He pleaded to the Lord to heal him.


Alas, his case deteriorated. The cancer spread to his spine and liver. He started getting depressions. He lost half of his weight in ten days. His family was running out of money. He started blaming the Lord for abandoning him. From his bed, he would stare at the ceiling, waiting to die, tears rolling down his cheeks.


Freddie, his best friend since they were kids, began to visit him everyday, trying to cheer him up, but in vain. He did not laugh at his jokes. No one could make him smile. Freddie left disappointed, but never gave up. He was there again the next day. One day, Freddie did not come. Joey found out that Freddie had died of stage-4 lung cancer. He was worse off than him, but Freddie never told him.


Joey was surprised how a friend about to die, was so cheerful and was more concerned about him than his own sickness. Then he realized Freddie’s secret to life was not in one’s self but in the other. Joey stopped wallowing in his grief, and sought other cancer patients when he went to his doctor. He made friends, and comforted those who were desperate in the cancer clinic. They liked his jokes. He never failed to make them smile, unlike Freddie who could not make him smile.


Joey began to notice a change in him. When he left the clinic, he felt stronger. He thought how amazing it was that the body and the soul were so intertwined as to heal each other. So he made a resolve to go to the cancer clinic everyday, not to see the doctor but to see the patients. The day before Christmas, there was pandemonium. The patients gathered around Joey to hear his jokes. And he gave away apples. He ignored the nurse who asked him to tone down the noise. That day, there was a rowdy Christmas party of cancer patients. The doctors joined it. For Joey, it was his therapy, better and cheaper than chemo, which he no longer underwent. He threw his sickness to the wind.


His cancer was still spreading, but he did not care. The doctor gave him three months, but it has been a year, and he was alive and kicking. It dawned on Joey why the Lord made him sick. The Lord was teaching him that love can heal cancer. He realized he had a mission to fulfill to touch others, that was why the Lord made him sick. This terminal cancer patient found his heaven in a cancer clinic. He learned to surrender himself to Him by surrendering himself to others.


God’s ways are a mystery, but it always ends up a triumph of our spirit. In God’s love, there is no way we can get lost, because no matter where we go, all paths lead to Him.


every path leads to You O Lord
you make us sick so we can find Your healing
you teach us through pain, the greatest mentor
that the secret in discovering one’s self
is in discovering the other


When will it burst?
Prophecy of Doom
AUTHOR’S NOTE. This article was inspired by a talk by Mike Billington of the Asia Desk of the Executive Intelligence Review (EIR), during his December 2013 visit to the Philippines. www.larouchepub.com
In the world of Investment Banks led by Wall Street, there is a trend from banking towards gambling. Greed reigns on short-term risks that bring in massive windfalls. They sell speculative derivatives at a dizzying rate, which will finally kill the financial Earth. It can either bring in a windfall or a crash, but they don’t care. They know the government has no choice but to bail them out in fear of the meltdown, as in the past. They are blind to the cataclysm, and see only the pot of gold.


Past derivatives in the food sector have caused havoc. They went into wheat derivatives, and when they finally unloaded, prices soared, triggering riots in the Middle East, triggering the Arab spring. In 2012, Mexican President Felipe Calderon asked banks to stop speculating on food and grains, which have triggered social unrest. Four years ago, 90% of food supply were controlled by food corporations. Today, 40% are controlled by financial institutions who speculate on food derivatives. They can easily trigger a global food shortage (see http://www.sisterraquel.com/2013/11/eastwind-journals-79).


The derivative bubble will eventually burst because there is right now a momentum of greed. It must be banned quickly. It is an addiction the speculators cannot get rid of. Some say it can happen in the blink of an eye when we are all asleep, citing how the case of the recent US government shutdown. Panic is the catalyst for a sudden explosion.
Today, the US government is printing $80 billion per month of worthless paper currency. Remember the war days when one can buy a can of sardine with a plastic bag of money? The Feds know they will eventually cause the meltdown but they fear more the profound short-term effects. Dam- if they do, and dam- if they don’t. The day of reckoning looms. eastwindreplyctr@gmail.com


you hear His whisper amid the roar of thunder
you discern His wisdom amid the chaos and greed
He is the deluge in your drought
the Light in your darkness
our riches and greed have come between us
and made us too busy to love each other
if you grab the other also grabs
greed is contagious, nothing is left for all
if you share the other also shares
love is contagious, there is enough for all
wealth without wisdom is the mother of greed
if you are rich but foolish you lose everything you get
if you are rich but wise you keep everything you share


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