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Saturday, December 14, 2013

Ka-Boom – LewRockwell.com

A paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the money supply is almost irresistible. In such a system with a constantly increasing money supply and, as a consequence, constantly increasing prices, it does not make much sense to save in cash to purchase assets later. A better strategy, given this senario, is to go into debt to purchase assets and pay back the debts later with a devalued currency. Moreover, it makes sense to purchase assets that can later be pledged as collateral to obtain further bank loans. A paper money system leads to excessive debt.
This is especially true of players that can expect that they will be bailed out with newly produced money such as big businesses, banks, and the government.
We are now in a situation that looks like a dead end for the paper money system. After the last cycle, governments have bailed out malinvestments in the private sector and boosted their public welfare spending. Deficits and debts skyrocketed. Central banks printed money to buy public debts (or accept them as collateral in loans to the banking system) in unprecedented amounts. Interest rates were cut close to zero. Deficits remain large. No substantial real growth is in sight. At the same time banking systems and other financial players sit on large piles of public debt. A public default would immediately trigger the bankruptcy of the banking sector. Raising interest rates to more realistic levels or selling the assets purchased by the central bank would put into jeopardy the solvency of the banking sector, highly indebted companies, and the government. It looks like even the slowing down of money printing (now called “QE tapering”) could trigger a bankruptcy spiral. A drastic reduction of government spending and deficits does not seem very likely either, given the incentives for politicians in democracies.
So will money printing be a constant with interest rates close to zero until people lose their confidence in the paper currencies? Can the paper money system be maintained or will we necessarily get a hyperinflation sooner or later?
There are at least seven possibilities:
1. Inflate. Governments and central banks can simply proceed on the path of inflation and print all the money necessary to bail out the banking system, governments, and other over-indebted agents. This will further increase moral hazard. This option ultimately leads into hyperinflation, thereby eradicating debts. Debtors profit, savers lose. The paper wealth that people have saved over their life time will not be able to assure such a high standard of living as envisioned.
2. Default on Entitlements. Governments can improve their financial positions by simply not fulfilling their promises. Governments may, for instance, drastically cut public pensions, social security and unemployment benefits to eliminate deficits and pay down accumulated debts. Many entitlements, that people have planned upon, will prove to be worthless.
3. Repudiate Debt. Governments can also default outright on their debts. This leads to losses for banks and insurance companies that have invested the savings of their clients in government bonds. The people see the value of their mutual funds, investment funds, and insurance plummet thereby revealing the already-occurred losses. The default of the government could lead to the collapse of the banking system. The bankruptcy spiral of overindebted agents would be an economic Armageddon. Therefore, politicians until now have done everything to prevent this option from happening.
4. Financial Repression. Another way to get out of the debt trap is financial repression. Financial repression is a way of channeling more funds to the government thereby facilitating public debt liquidation. Financial repression may consist of legislation making investment alternatives less attractive or more directly in regulation inducing investors to buy government bonds. Together with real growth and spending cuts, financial repression may work to actually reduce government debt loads.
5. Pay Off Debt. The problem of overindebtedness can also be solved through fiscal measures. The idea is to eliminate debts of governments and recapitalize banks through taxation. By reducing overindebtedness, the need for the central bank to keep interest low and to continue printing money is alleviated. The currency could be put on a sounder base again. To achieve this purpose, the government expropriates wealth on a massive scale to pay back government debts. The government simply increases existing tax rates or may employ one-time confiscatory expropriations of wealth. It uses these receipts to pay down its debts and recapitalize banks. Indeed the IMF has recently proposed a one-time 10-percent wealth tax in Europe in order to reduce the high levels of public debts. Large scale cuts in spending could also be employed to pay off debts. After WWII, the US managed to reduce its debt-to-GDP ratio from 130 percent in 1946 to 80 percent in 1952. However, it seems unlikely that such a debt reduction through spending cuts could work again. This time the US does not stand at the end of a successful war. Government spending was cut in half from $118 billion in 1945 to $58 billion in 1947, mostly through cuts in military spending. Similar spending cuts today do not seem likely without leading to massive political resistance and bankruptcies of overindebted agents depending on government spending.
6. Currency Reform. There is the option of a full-fledged currency reform including a (partial) default on government debt. This option is also very attractive if one wants to eliminate overindebtedness without engaging in a strong price inflation. It is like pressing the reset button and continuing with a paper money regime. Such a reform worked in Germany after the WWII (after the last war financial repression was not an option) when the old paper money, the Reichsmark, was substituted by a new paper money, the Deutsche Mark. In this case, savers who hold large amounts of the old currency are heavily expropriated, but debt loads for many people will decline.
7. Bail-in. There could be a bail-in amounting to a half-way currency reform. In a bail-in, such as occurred in Cyprus, bank creditors (savers) are converted into bank shareholders. Bank debts decrease and equity increases. The money supply is reduced. A bail-in recapitalizes the banking system, and eliminates bad debts at the same time. Equity may increase so much, that a partial default on government bonds would not threaten the stability of the banking system. Savers will suffer losses. For instance, people that invested in life insurances that in turn bought bank liabilities or government bonds will assume losses. As a result the overindebtedness of banks and governments is reduced.
Any of the seven options, or combinations of two or more options, may lie ahead. In any case they will reveal the losses incurred in and end the wealth illusion. Basically, taxpayers, savers, or currency users are exploited to reduce debts and put the currency on a more stable basis. A one-time wealth tax, a currency reform or a bail-in are not very popular policy options as they make losses brutally apparent at once. The first option of inflation is much more popular with governments as it hides the costs of the bail out of overindebted agents. However, there is the danger that the inflation at some point gets out of control. And the monopolist money producer does not want to spoil his privilege by a monetary meltdown. Before it gets to the point of a runaway inflation, governments will increasingly ponder the other options as these alternatives could enable a reset of the system.


Ka-Boom – LewRockwell.com

Tuesday, December 10, 2013

Friday, September 27, 2013

Neocons lie about Israel's Nukes

As our Nobel laureate President ascended to the podium on September 25 at the United Nations for his last international speech before the election, we again were the recipients of fine oratory and rhetorical flourish about America’s problems in the world. Focusing on the Middle East, Central Asia, and North Africa—what’s often misleadingly termed, “the Muslim world”—Obama singled out Iran’s treaty-entitled uranium enrichment activities, saying “make no mistake: a nuclear-armed Iran is not a challenge that can be contained.” Obama’s remarks were dutifully transcribed by our stenographer class, as can be expected, despite intelligence-community conclusions to the contrary and the historical precedent of containment as Cold War policy. This follows the latest media scare concerning Iran’s nuclear capabilities, and the recent tiff between the U.S. and Israel over it. Like Obama’s speech (and because of similarly unchallenged statements by politicians), many media reports are awash in misleading narratives, incomplete histories, and outright fiction about Iran and its nuclear program. Given how easily the American public and media were manipulated into believing that Saddam Hussein had weapons of mass destruction, this moment should give us some pause. The disastrous effects of that $3 Trillion Dollar War are still being felt across the world. For those not interested in seeing a much-bloodier, costlier sequel, I offer this introductory course in intellectual self-defense. The only way to rebuff and dismantle propaganda is to be aware of the truth on which it claims to comment. – Lesson #1: Iran is not building nuclear weapons National Intelligence Estimate: “We judge with high confidence that in fall 2003, Tehran halted its nuclear weapons program.” (2007 National Intelligence Estimate Iran: Nuclear Intentions and Capabilities; November 2007) “Several senior Israeli officials who spoke in recent days to The Associated Press said Israel has come around to the U.S. view that no final decision to build a bomb has been made by Iran.” (Associated Press, “Israel shifts views on Iran”; March 18, 2012) The 2011 National Intelligence Estimate (NIE), a synthesized compilation of data evaluated by America’s 17 intelligence agencies, declared that there were no serious revisions to the controversial (for war hawks) 2007 NIE—which stated Iran stopped its nuclear weapons program in 2003. While the 2011 estimate did include updated progress on Iran’s civilian nuclear program, such as an increased number of operative centrifuges, it still could not muster any evidence to indicate the program was being weaponized. These findings echo reports from the International Atomic Energy Agency (IAEA), which has also concluded that Iran is not building nuclear weapons. The IAEA accounts are typically pored over for the slightest hint of ambiguity or malevolence, which are then promulgated as the most important takeaways in Western news summaries. A recent example of such deliberate obfuscation was the IAEA report on Iran from August 30, 2012. Typical American media accounts highlighted the increase in Iran’s nuclear infrastructure (underground centrifuge production, etc.), while failing to mention that their stockpile of 20%-enriched uranium—the only material capable of being enriched further to 85% or weapons grade—had actually diminished as a result of conversion to fuel plates for use in the Tehran Research Reactor, which produces medical isotopes. Thus nuclear development is highlighted, under the false premise that that equals progress toward a weapon, while exculpatory evidence is discarded: a case study in how news and propaganda function. A civilian nuclear program is not easily converted into a weapons program. Before a country can begin the latter, it must break the IAEA monitoring seals on its uranium stockpile, which is also under constant camera detection. It must also kick out international inspectors, who currently have unfettered access to all of Iran’s nuclear sites. Completing those very public steps would be the first true warning indicators that Iran was building nuclear weapons. As a signatory to the Nuclear Non-proliferation Treaty (NPT), Iran is entitled to enrich uranium to low levels for domestic power consumption and medical treatment, such as radiation therapy for cancer patients. – Lesson #2: Iran is not a threat to the US The United States military is the largest, most sophisticated machine of force and violence the world has ever seen. After factoring in foreign military aid and nuclear weapons maintenance, the U.S. spends over an estimated $1 trillion (that’s >$1,000 billion) on defense annually. By contrast, Iran spends somewhere between $10-12 billion on defense annually, after factoring in foreign and domestic paramilitary units such as the Revolutionary Guards and Basij—Iran’s domestic volunteer militia. This is “less than the United Arab Emirates, and only between 25% to 33% of Saudi defense spending,” notes Anthony Cordesman of the Center for Strategic and International Studies. It spends approximately 1/5 of the amount allocated by the six sheikdoms of the Gulf Cooperation Council—America’s staunchest regional allies (save for Israel) and the guardians of Western access to crude. – Lesson #3: Iran is not an existential threat to Israel Ehud Barak, Israeli Defense Minister: “Iran does not constitute an existential threat against Israel.” (Reuters, Report: Barak says Iran is not existential threat to Israel; September 17, 2009) Dan Halutz, former Chief of Staff of the Israel Defense Forces and Commander of the Israeli Air Force: “Iran poses a serious threat, but not an existential one. The use of this terminology is misleading. If it is intended to encourage a strike on Iran, it’s a mistake. Force should be exerted only as a last resort.” (YNet, Former IDF Chief: Iran doesn’t pose an existential threat; February 2, 2012) Tamir Pardo, Director of the Mossad: “Does Iran pose a threat to Israel? Absolutely. But if one said a nuclear bomb in Iranian hands was an existential threat, that would mean that we would have to close up shop and go home. That’s not the situation. The term existential threat is used too freely.” (Haaretz, Mossad Chief: Nuclear Iran not necessarily existential threat to Israel; December 29, 2011) Israel maintains a competitive advantage in total amount spent on munitions and assets, as well as a massive edge in terms of technological sophistication. Israel spends almost twice as much as Iran on defense appropriations and is able to buy the world’s most advanced weaponry from the United States (mostly with U.S. taxpayer money, laundered through foreign aid). Iran, by contrast, is heavily dependent on the dated munitions it received under the Shah and acquires rudimentary missile technology from China and North Korea with its own money. Even if Iran were pursuing nuclear weapons, Israel’s own stockpile—estimated at a several hundred high-yield warheads—ensures that Tehran would not engage in a first-strike. Those familiar with the Cold War doctrine of Mutually Assured Destruction (MAD) know that when confronted with the possibility of your own annihilation, so the theory goes, you’re incentivized to refrain from launching a first strike. Israel’s stationing of nukes on German-made Dolphin class submarines in the Mediterranean assures that even if a first strike were to be carried out on the Jewish state, the perpetrator would still be subject to a retaliatory strike. However, much as America acts as Israel’s patron, so too Iran spends a good deal arming and supporting proxy armies in southern Lebanon and the Gaza Strip—Hezbollah and Hamas, respectively. While these forces present a serious challenge to Israeli military incursions into said areas, their ability to project force within Israel’s borders is limited to indiscriminate rocket fire. While dangerous and psychologically terrifying for civilians, such tactics cannot be considered more than a nuisance when comparing capacities for state violence. Israel is not a signatory to the NPT and repeatedly refuses propositions for a Middle East Nuclear Weapons-Free Zone (MENWFZ) to be established as a means of ending the stand-off with Tehran, despite majority support from the Israeli public. – Lesson #4: Iran’s leadership is not fanatical or suicidal General Martin Dempsey, Chairman of the Joint Chiefs of Staff: “We are of the opinion that the Iranian regime is a rational actor.” (Global Public Square, Martin Dempsey on Syria, Iran and China; February 17, 2012) Israel Defense Forces Chief of General Staff, Maj. Gen. Benny Gantz: “I think the Iranian leadership is composed of very rational people.” (CS Monitor, Israeli Army Chief says he doubts Iran will build a nuclear weapon; April 25, 2012) Intellectual orthodoxy holds that even the most tepid criticism of Israeli and American policy vis-à-vis Iran requires a disclaimer by all “serious people” that Iran is a vicious theocratic regime which oppresses its own people. While Iran’s governmental structure is religiously based and peaceful protests have been met with repression, such traits are hardly unique. Saudi Arabia, America’s most solid regional ally, enforces religious doctrine as viciously if not more so than Iran does (such as executing many for practicing freedom of speech and religion as “witches” or “blasphemers”). And, of course, violent government responses to non-violent demonstrations aimed at political change are hardly unknown in free societies (see: Occupy Wall Street). Moreover, there’s little correlation between the internal repression of a society and its external behavior. The United States, one of the freer societies on the planet, routinely engages in aggression and the use of brute force to accomplish geopolitical objectives. Conversely, Iran pummels domestic dissent while historically limiting its military involvement outside its borders. The only record of Iranian aggression since the 18th century was when the U.S.-backed Shah invaded and conquered a series of Arab islands in the early 1970’s. Despite contentions from the likes of Benjamin Netanyahu that Iran’s leadership is capable of pulling the temple down on their heads in a show of Samsonian martyrdom, Tehran’s track record and statements indicate otherwise. The more judicious pundits at least acknowledge as much. – Lesson #5: Politicians and media stenographers have been claiming Iran is on the verge of developing nuclear weapons since the mid-1980’s House Republican Research Committee in 1992: “98 percent certainty that Iran already had all (or virtually all) of the components required for two or three operational nuclear weapons.” (Christian Science Monitor, Imminent Iran nuclear threat? A timeline of warnings since 1979; November 8, 2011) Iran began its nuclear program with help from the United States during the 1950’s when it was run by Washington’s puppet-dictator Shah Reza Pahlavi, who was installed after the U.S. overthrew the democratically elected government in a 1953 CIA coup known as Operation Ajax. Following the 1979 Islamic revolution, Ayatollah Khomeini condemned all nuclear and chemical weapons as “un-Islamic,” stopping the nascent nuclear program in its tracks. Supreme Leader Ali Khamanei reiterated his predecessor’s religious edict some 20 years later. The 1980’s saw complex American-Iranian and Israeli-Iranian relations, whereby discreet deals were made among the antagonistic powers in an effort to accomplish other foreign policy goals. Yet by the early 1990’s Iran’s growing military prowess and the near-destruction of the major Arab military presence to Israel’s east (Iraq) put Iran back on Tel Aviv’s agenda as a strategic competitor. In 1992, then-member of parliament Benjamin Netanyahu told the Knesset that Iran was 3 to 5 years from having a nuclear weapon—and that the threat had to be “uprooted by an international front headed by the U.S.” Sound familiar? American policymakers began to echo Israeli claims during the 1990’s, largely in public and without evidence to back them up. These assertions continued in a steady drumbeat of increasingly hostile rhetoric (“The Axis of Evil”) all the way until 2007, when a declassified NIE was released disputing the fact that Iran continued its weapons program in any way beyond 2003. Despite the conclusions, as mentioned in lesson #1, hawks on the left and right continue to peddle demonstrably false claims to this very day. – Lesson #6: The American and Israeli security establishments are against it U.S. Secretary of State Hillary Clinton: “We’re watching very carefully about what [Iran] do[es], because it’s always been more about their actions than their words…We’re not setting red lines.” (Haaretz, Clinton rejects Netanyahu’s call for ‘red lines’ over Iran nuclear program; September 10, 2012) Former Internal Security Chief Yuval Diskin: “…attacking Iran will encourage them to develop a bomb all the faster.” (Think Progress, Diskin says he has ‘no faith’ in current leadership, April 27, 2012) Former Mossad Chief Meir Dagan: a future Israeli Air Force strike on Iranian nuclear facilities is “the stupidest thing I have ever heard.” (Haaretz, Former Mossad chief: Israel air strike on Iran ‘stupidest thing I have ever heard’, May 7, 2011) Although the idea of nuclear weapons in the hands of an avowedly hostile regime is as upsetting to Washington as it is to Tel Aviv, the Pentagon brass is opposed to an attack, not because they suddenly favor the regime in Tehran, but because their own strike simulations predict a great deal of injurious blowback in exchange for, at most, a brief setback in Iran’s nuclear capability. And despite war hysteria in Israel, fanned by political rhetoric, and legitimate conventional security concerns for the Jewish state, Israeli security and military officials recognize that they don’t have anywhere near the overwhelming force required to take care of the problem. The only way to ensure that Iran doesn’t develop a nuclear weapons capability would be to install a friendly puppet regime in Tehran, a task far beyond the capability of the Israel Defense Forces (IDF) or the U.S. military at this point. In lieu of direct military conflict, the U.S. and Israel have adopted a harsh policy of economic sanctions, cyberwarfare, and covert operations—declarations of war, by American standards—in an effort to delay Iran’s nuclear progress. But the consensus among knowledgeable players is that any resort to force will have far worse repercussions than benefits. – Lesson #7: The American and Israeli people are against it Poll: 7 out of 10 Americans choose diplomacy over military force to end Iran’s nuclear ambitions (Christian Science Monitor, To strike Iran’s nuclear facilities or not to strike? Why polls differ; March 14, 2012) Poll: 58% of Israelis oppose a unilateral strike on Iran (Haaretz, Haaretz poll: Most of the public opposes an Israeli strike on Iran; March 8, 2012) Poll: Only 27% of Jewish Israelis in favor of a unilateral strike on Iran (Haaretz, Poll: Most Israelis oppose attack on Iran nuclear facilities; August 16, 2012) While public opinion is as malleable as Play-Doh, surveys show that the American and Israeli citizenries are very skeptical about war with Iran. The former, still reeling from the unpleasant effects of two costly occupations (one ongoing), are overwhelmingly opposed to another war in the Middle East. Likewise, although a majority of Israelis view Iran’s nuclear program as more immediately dangerous than their American counterparts do, polling indicates they are opposed to a unilateral strike initiated without American support. This makes sense, given the IDF’s military inadequacy for the task at hand, and Israel’s proximity to retaliatory proxy forces in southern Lebanon and Gaza. It is true that survey responses vary depending on how the question is asked. When confronted with the baseless assertion that Iran is building nuclear weapons, many respondents aver that military action is worth it. But when given the correct facts, both populations conclude that the downsides of military force aren’t worth the payoff. This aligns with the thoughts of most policymakers within the establishment. – Lesson #8: An Iranian nuclear weapon will be all-but-assured if the U.S. or Israel attack Former CIA Director Michael Hayden on war deliberations within the Bush administration: “the consensus was that [a brief bombing campaign] would guarantee that which we are trying to prevent: an Iran that will spare nothing to build a nuclear weapon and that would build it in secret.” (The Hill, Don’t let Iran be a second Iraq; February 27, 2012) With so much evidence solidly against their position, U.S. and Israeli hawks have become increasingly strident in their appeal to violence as a means of ending the Iranian “nuclear threat.” Many proponents of a strike have cited the Israeli Air Force raid on Iraq’s Osirak reactor in 1981 as a precedent that could be emulated. While comparisons between the two situations are tenuous at best, what’s of higher import is the fact that U.S. intelligence concluded that the 1981 attack didn’t stop Saddam’s nuclear weapons program—it accelerated it. (It was actually the consequences of Saddam’s 1991 invasion of Kuwait that brought Iraq’s bomb program to a halt.)

Wednesday, September 18, 2013

David Brooks warns of 'the rise of Ted Cruz-ism' | The Daily Caller

Makes me a fan.

On PBS’s “NewsHour” on Friday night, New York Times columnist David Brooks warned that Texas Republican Sen. Ted Cruz and similar legislators’ rise to prominence threatens the traditional Republican Party.
Brooks insists the motives of Cruz are less about legislation and policy and more about the politics of undermining the Republican establishment.
“What’s going on in the House, and a bit in the Senate, too, is what you might call the rise of Ted Cruz-ism,” Brooks said. “And Ted Cruz, the senator from Canada through Texas, is basically not a legislator in the normal sense, doesn’t have an idea that he’s going to Congress to create coalitions, make alliances, and he is going to pass a lot of legislation. He’s going in more as a media-protest person. And a lot of the House Republicans are in the same mode. They’re not normal members of Congress. They’re not legislators. They want to stop things. And so they’re just being — they just want to obstruct.”
“And the second thing they’re doing, which is alarming a lot of Republicans, is they’re running against their own party,” he continued. “Ted Cruz is running against Republicans in the Senate. The House Republican Tea Party types are running against the Republican establishment. That’s how they’re raising money. That’s where they’re spending their money on ads. And so they’re having a very obstructive role which is going on this week, and I think it’s going to make John Boehner’s life even more difficult.”
Watch:

Brooks hypothesized the reason the leadership in the House and Senate is unable to control the so-called Ted Cruz-ism movement is that members of it have become uninterested in any of the perks that the leadership has to offer.
“Two things that are interesting that are happening, especially being talked about this week,” Brooks said. “One, leadership in both bodies, the leadership’s inability to force any discipline. That’s partly because a lot of these people just are not interested in the committee assignments, the normal leverage the leadership has, in part because the earmarks are gone, some of the spending favors.”
Brooks continued that the policy goals of Cruz and others weren’t actual policy goals, but a means to take over the Republican Party.
“[S]o the leadership can’t impose any discipline on a Ted Cruz,” Brooks said. “There’s nothing they can punish him with. And, remember, what these people, Ted Cruz and some of the tea party people, their object is not to win Obamacare. Their object is to take over the Republican Party. So, they really are running against the Republicans. And for Ted Cruz, it’s potentially to get the nomination. And taking this down, if it can mobilize enough Republicans so he can take over the party and become — really transform the party, then that becomes the object. And one little straw in the wind, the Heritage Foundation, a very prominent conservative think tank, is running against Republicans. And that’s part of the change that is going on here.”


Read more: http://dailycaller.com/2013/09/14/david-brooks-warns-of-the-rise-of-ted-cruz-ism-takeover-of-republican-party-video/#ixzz2fFIGqiWg


David Brooks warns of 'the rise of Ted Cruz-ism' | The Daily Caller

Thursday, January 03, 2013

YouVersion.com

YouVersion.com


Genesis 3 "You are dust"


"for you are dust, and to dust you shall return."

You will not be "like God." He alone is king. He alone is mighty and inhabits eternity. You, pitiful creature with delusions of grandeur, are a dirtball. You will go back to dirt. The only right recipient of glory in the universe is God.

Perhaps no other thought infuriates modern man like this, to be told that there is one intrinsically and inherently WORTHY of pre-eminence and prominence and that He is arranging history and the universe both to ensure that and to crush all pretenders and challengers. It seems petulant, callow, and self-absorbed of God to be concerned with his own glory. It is NEVER a good thing in men. We universally mock it and sneer at it and view it as a character defect. It is a sign of insecurity.

What if, though, there could be a being to whom this characteristic PROPERLY belonged? What if He had an obsession with His own glory not out of fearful, insecure, and pathetic drives like ours, but by a genuine concern for all that is good and just.... because He himself is the good and just? What if his obsession (I know of no other word to use) with his own honor and first place in everything issued from a being who had no "fear" of being usurped as we have, because He possesses all power? What if this self absorption comes from a being who is selfLESS? This is the claim of the bible.

This would mean, among many things, that our thoughts of God are way way too small. It would mean that we have re-imagined him to be like us, and, as those verses on the back of AQUALUNG (if you are old enough to remember that album.... or indeed old enough to remember albums at all) are TRUE when it said man made God. We created him to be like us, familiar, comfortable, controllable...., or at least someone with whom we may negotiate. We would NEVER EVER come up with the idea of the biblical God for the simple reason that the bible is continually telling us our thoughts are too low. We are dust (NOT God) and to dust we will return. We don't "acknowledge God as God, or give thanks" because of Genesis 3. We retreat from Him and fear Him, and yet fear is so unpleasant that we make up a new one. That "god" we can feel comfortable in mocking.

The great occupation of eternity will be to happily declare "I am dust. I came from dust and went back to dust, yet I cannot sing enough nor praise enough the one who made me to share his image" This will require, though, that we take our proper place as creatures. Further, it will require that we take our proper place as REBELS in need of forgiveness. The seed of that promise is here. The astounding thing that will stand the created universe on its ear is that the seed of the woman came and crushed the head of the serpent, and dirtballs inhabit glory inexpressible. So I believe.