That's the core of the ideology.
Usually it is paired with the notion that "God" is also a blob of sorts. To a Blobbist, God is just everything and everything is good. The purpose of the illusion of the experience of being an individual is merely God playing with himself to have adventures. There is no moral imperative or purpose because it's all God and God is good. Even Hitler was just God playing hide and seek with himself. We're all God. A pebble is God. A could is God. A lizard is God, etc, etc ad nauseum.
See Stan Groff as a prime example.
Someone mention Bruce Seigel upstream - A good guy who I used to talk to a lot about these matters, but another Blobbist for sure.