Sunday, January 1, 2012

China: Tao Te Ching Wisdom



Catherine Austin Fitts: The Tao Te Ching says:
The more restrictions and prohibitions there are, the poorer the people become
The sharper the people's weapons are, the more national confusion increases?
The more skill artisans require, the more bizarre their products are?
The more precisely laws are articulated, the more thieves and outlaws increase
More laws or regulation will not address the underlying failure of enforcement and the need for a new investment model.
Daily Bell: Would markets be better off if they were MORE free and private watchdogs were allowed to take over from public ones?
Catherine Austin Fitts: Not necessarily. Again, we need to address the question, "Who is the breakaway civilization, what are their weaponry and surveillance systems and what systems will work successfully to shift their behavior in a positive manner?" This, of course, leads to additional questions, such as, "What do they know that we do not know and how would we behave if we had that knowledge?"
Setting private watchdogs to regulate these guys is a bit like landing on Normandy Beach with a water pistol.
This enforcement question is one of the reasons I focus on the power of transparency combined with individual intention and action to bring positive change.

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