How Austere Is Austerity?

How Austere is Austerity?

Mention the word austerity and Greece inadvertently pops up immediately in our mind. The word seems to have stuck to the nation, which is unfortunate. The endless negotiations and failed attempt made by one government and then the other is farcical. Last week as I watched Pope Francis travelling in a Fiat during his Philadelphia visit, making a genuine point towards austerity leading from the front for the cause, when his predecessors have always travelled in a limousine, his move definitely made everyone look up.

He urged eloquently that being ‘poor’ was better than being ‘rich’ and that being blinded by avarice would only increase the gap between the poor and the rich, the developed and the developing. The cause was commendable and so was the speech – heart rendering and genuine. But a few questions remained. Can austerity be imposed in the true sense? Can individuals who have seen the other side of wealth – limousines and larger-than-life amenities give them up just at the behest of bringing more parity for the poor in the rest of the world? The dream of austerity though laudable seems to be a little far-fetched.

The Distant Goal

Like each miss world contestant who chants ‘world peace’ as an answer to impress the judges in the final round, we have seen organizations and governments alike using the word ‘austerity’ and ‘budget-cuts’ liberally without creating any true impact. It is sometimes too obvious that they just pay a lip-service to the word parroting statements with no intentioned effect. For Greece, austerity would bring in more taxes in an already slow economy which has not done enough to create jobs and mounting pressure would just make people poorer than they are already. Sometime back in India the erstwhile ruling party head urged her political party member to follow ‘austerity measures’ which fell flat without any concrete results.

The Reality

In an organization, like in a nation budget cuts are most felt by those on the lower end of the pyramid. Which brings us back to the question- Is austerity really a solution or the making of a greater problem? Does is serve the purpose for which it is adopted? Yes and No. The answer lies in the intentions. Like most other measures austerity loses its’ depth as the intentions of an effective follow through by everyone is either missing or is never proposed. The core of the solution of ‘austerity’ is not just blindly cutting cost and making ‘being poor’ fashionable again but to create enough opportunities for the ‘poor’ and the ‘developing’ to come up to the mark.

Wealth Breeds Poverty

Wealth Breeds Poverty

The imbalance between the rich and the poor has grown substantially since the end of World War II. As the richest side of humanity emerged they sought ways to increase their wealth and the ongoing success of that is today’s massive poverty. People are living on streets and starving because they are unable to get a job or live in society. They are the ‘drop-outs’ that most ignore and they are the result of a top-heavy ship that is about to roll over in the storm that is brewing.

Wealth surpasses greed and overtakes compassion. It supersedes right from wrong, and it divides communities and makes enemies. The richest people in power run the poorest countries and not for the right reasons. The Trump experience in the USA is a case-in-point of how a super wealthy person grabs the hearts and minds of those less able to think outside the square.

What does a man like him want from being a resident in the White House? He has all the fame and fortune that life can deliver and yet he wants more. The same can be said of any multi-billionaire who seeks such a high office. There is nothing more for him except prestige and showing that he can achieve it and without much effort.

People who vote dictators into power are taken in by thoughts that they can change their lives. They are desperate because of the way they have been discarded by society. They look for hope where there is none, and they trust someone who promises to fix everything but ultimately may make things a lot worse.

It has happened that way in many countries where wealthy dictators have run them. We can point to the Philippines, Syria, Indonesia, Rhodesia, and the list goes on. Not only has the poverty worsen among the lower groups in most of these but the crime rates have soared and the drug issues multiplied enormously. Syria is different because the dictator wants the entire countries wealth for himself and is destroying everything in it to get his way.

So what makes people put them into power or tolerate their position in the first place? Often they have no choice and that is because the word is under the control of the Spirit of the Universe. It laid things out in prophecies that at the end there will be great suffering and pain as it brings the world as we know it to an end (Jeremiah 25:31,33).

Reincarnation has seen the return of the dead (Job 5:19-22, Isaiah 26:19) and the huge population explosion is evidence of it. My reincarnation strengthened my link to the Spirit and gave me knowledge to remove the blindness of those who are seeking the truth. The Internet is the Mountain of God and it is providing the answers as promised in Micah 4:1.

Power of Illusion

Power of Illusion, Illusion of Power

In my last articles I pointed out the fatal flaws of the current ruling paradigm; the paradigm of materialism rooted in dualistic thinking. Materialism not only fails to explain many essential aspects of our reality, but its logical structure also fails.

Materialism fails to explain past life recall, reincarnation, near death experience, telepathy, telekinesis and so forth… even though evidence for all these phenomena is well documented and statistically unassailable. Materialism fails to explain the origin of life on Earth, speciation, consciousness… and yet science is holding on to this false belief system, this illusion, seemingly at all cost.

Materialism also fails by internal logic; matter, considered fundamental by materialism, is convertible into energy and energy into matter. Nuclear energy and particle accelerators do this conversion every day, without doubt. If matter were truly fundamental, the ultimate basis of all existence, this conversion could not happen.

For matter to be converted into energy and for energy to be converted into matter there must be a common functioning principle through which the conversion occurs… and the CFP of matter/energy must by definition be more fundamental than either matter or energy. Matter and energy are the flip sides of a more fundamental CFP, whatever it may be.

The power of illusionary belief is immense; mainstream science is constrained by false belief, by illusion. The dogmas of materialist science are rooted in illusion; no evidence showing the failure of the prevailing paradigm or illusion is examined or even admitted to exist. The taboo against such investigation is too powerful for all but a few mavericks who investigate reality in spite of mainstream dogma.

History is filled with examples of the power of illusion; when the illusion that the Earth is flat prevailed, voyagers were afraid to travel out to sea because they would ‘fall off the edge’. When Galileo showed that the Earth is not at the center of the universe, the powers that be… in his case cardinals of the Catholic Church… refused to look through his telescope. Looking at the evidence was forbidden by taboo. Looking and seeing would have been an admission that their beliefs, aka illusions, were wrong.

Eventually all illusion is shattered; once the illusion of a flat earth vanished, sailors crossed the seas without any fear of ‘falling off the edge’. Once the illusion that the Earth is at the center of the universe vanished, science and cosmology progressed without hindrance.

The biggest illusion of all is the illusion of power. Specifically, real power is conflated with illusion of power. The US military is arguably the most powerful in the world. The destructive power inherent in the myriad guns, bullets, rockets, and bombs this military commands is beyond doubt. The illusion lies in the belief that a single man, the Commander in Chief, controls this awful power. The illusion is that hundreds of thousands of humans acts at the whim of one person; that the ‘chain of command’ represents real power.

The chain of command is an illusion, and has power only if and as long as the illusion remains intact. Mutinies, military stand-downs, revolutions, civil wars are all examples of shattered illusion. Once shattered, illusion loses power. Such is the fate of all illusion, even if extraordinary efforts are made by TPTB to maintain an illusion.

In the Soviet military, once considered the second greatest power on Earth, communist ‘commissars’ accompanied the troops… to make sure that orders were obeyed, that the illusions of Communism were upheld, at the pain of death. Indoctrination, brainwashing, threats are used to maintain the status quo, the ruling illusion… but eventually the illusion shatters, and the power of the illusion vanishes.

At this very moment in history we are witnessing the destruction and imminent breakup of the power of a major illusion. Ebola is a horrific affliction but it brings another illusion to the forefront. If Ebola truly goes ‘viral’, the illusion of the power of mainstream medicine will be shattered at a wondrous pace.

In a recent interview, an American doctor gave away the illusion, by pointing to its heart. Many other doctors see the truth, see through the illusion… see truth that is being withheld by ‘the powers that be’, with the excuse that ‘we must act to prevent panic’.

Another American doctor, just back from Sierra Leone, has shown that Ebola can be cured by a simple method of blood treatment using ozone. The ozonation of blood kills the Ebola virus, and helps to regulate the immune system. Immune system over reaction to viral invasion seems to be the proximate cause of symptoms and death; Ebola is an autoimmune disease.

The powers that be refuse to allow ozone treatment… because it is taboo, because it violates the current illusion that vaccination is the answer… and to be brutally frank; there

The Emerging Role (Future) Of Accounting

The Emerging Role (Future) Of Accounting


Accounting has evolved as human beings have evolved and as the concepts of the accounting subject are directly coined out from its most fundamental principle of conservatism, it is not difficult to see why the style of accounting at every point in time has a direct link with the age. As man has developed from a primitive age to a modern interdependence age, living has advanced from being subsistent as a hunter-gatherer to a knowledge driven globalised world concept of ‘effectiveness turning to greatness’ and all along with this evolution, self accounting with the abacus has developed through stewardship accounting to financial accounting and now managerial accounting; which has a focus on decision making.

The Financial Accounting Standards Board (FASB) of the US which generally standardised and strengthened the globally adopted Generally Accepted Accounting Principles (GAAP) took significant strides in the year 2012 to come together with the International Accounting Standards Board (IASB) in a manner termed as ‘International Convergence’. Such a convergence is expected to gradually harmonise the GAAPs and the IFRS until they become one and the same in a bid to stream line corporate/company reports into a uniform process globally.

1.1 Statement of the Problem

There is no absolute certainty as to what the future holds for the Accounting Profession. It thus seems however, that the future age which definitely would be one of scientific advancement, would move man from greatness to something worthier for the time. Spiritualism, Environmentalism and Developmentalism could be key factors in the future age. This paper is to find out if Accounting itself would be more of a reality providing accurate solutions to financial problems where man’s ability to value natural capital fairly would give rise to a significant asset on the balance sheet in contrast to the industrial age when even man himself was regarded as labour and not being considered as important as the machines he operated.


This paper was approached from a content analysis view point – both conceptual and relational. A content analysis is “a research technique for the objective, systematic, and quantitative description of manifest content of communications” – (Berelson, 52). The conceptual analysis was simply to examine the presence of the problem, i.e. whether there is a stronger presence of positive or negative words used with respect to the specific argument while the relational analysis built on the conceptual analysis by examining the relationships among concepts. As with other sorts of inquiry, initial choices with regard to what is being studied determined the possibility of this particular paper.

2.1 Evolution of Accounting Theory

According to, Accounting Theory in the light of its evolution can be defined as the review of both historical foundations of accounting practice as well as the way in which accounting practices are verified and added to the study and application of financial principles. Accounting as a discipline is believed to have existed since the 15th Century. From that time to now businesses and economies have continued to evolve greatly. Accounting theory must adapt to new ways of doing business, new technological standards and gaps that are discovered in reporting mechanisms hence, it is a continuously evolving subject. As professional accounting organisations help companies interpret and use accounting standards, so do the Accounting Standards Board help continually create more efficient practical applications of accounting theory. Accounting is the foundation of efficient and effective business management and intelligent managerial decision making, without which businesses and trade world-wide would operate blindly and fatally. It is therefore necessary to link how it has evolved to its future role.

2.2 The Origin of Accounting

Luca Pacioli wrote a Maths book in 1494 (ehow) that consisted of a chapter on the mathematics of business. As this book is thought to be first official book on accounting, Luca Pacioli has severally been regarded as ‘the father of accounting’. In his Maths book, Pacioli explained that the successful merchant needed 3 things: sufficient cash or credit; an accounting system that can tell him how he is doing; and a good book keeper to operate it. Pacioli’s theory still holds today, it included both journals and ledgers and it is believed to have popularised the use of the double entry accounting that had been in place since the late 1300s.

2.2.1 The First Change in Accounting

During the depression of 1772, the Accounting profession went beyond book keeping to cost accounting. The theory and the idea were transformed into a method determining whether a business is operating efficiently or using an excess of labour and resources. The new theory of cost accounting allowed a trained book-keeper or an accoun

Money Rules the World

Why Money Rules the World

It seems outrageous that leaders can lie their heads off during campaigns and then use one excuse after the other to avoid keeping promises once they secure their positions. It is the same in every country where democracy is practiced and yet it is against the will of the people to give in to liars and cheats. In Australia, where elections will be held on July 2nd 2016, questions are raised about donations to the two main political parties.

Evidence presented on a local television investigative program, Four Corners, shows why? It appears that big companies who donate large sums to their preferred party gain access to politicians and even the Prime Minister to influence policies that will advantage their business. While nothing is admitted along these lines the evidence is compelling.

Every election costs millions for advertising and in campaign expenses. Leaders fly all over the country as they criss-cross it many times while the press follows. They set up meetings and engage in handouts for services in seats they feel they can win while ignoring those that are firmly in the opposition’s quarters.

Their funds are mostly raised from donations so why wouldn’t those who give expect something in return. The bigger the company the more they give while small operators who either give less o nothing at all are obviously left out in the cold.

If this is the way politicians get elected and those in business operate then it proves conclusively that money is running the country. Greed and an uneven playing field ensures that those with the deepest pockets are the winners and they will see that their ‘man’ is elected whatever the cost.

This doesn’t only happen in the election in Australia but is an obvious practice in almost every country, whether democratic or not. Ignorance starts with secrecy and avoidance of the truth. The inequality promoted by such practices allows the cheats and liars to gain office and this is shown in the increasing rise of the rich against the increasing poverty of the poor.

My interest in politics and finance is sparked by my reincarnation and knowledge that humans are followers of the two beasts of Revelation. The second of these is Constantine who established the Catholic Church and set up the financial system of the World Order. He has caused the financial crisis that looms over the world by his work and the wall of confusion he built.