Monthly Archives: May 2010

MisIMFormation & Economic Malaise

As the EU economic melt-down continues there is more and more dialogue on the matter centered around the ultimate query:  Why?

For most of us who live on a budget, we know the “why” for what lies behind the notice you receive form you Bank: “NSF” !   Simply,  Non-Sufficient Funds!  You are spending more than you have.  You also know that if you go to the bank or a friend and borrow money to cure the NSF  that all you’ve accomplished is to delay the inevitable and there are only two options: Increase your income or default!   Mathematics is simply wonderful in the way it seems to clear the cob-webs of ambiguity; 1 +1 always = 2 and that’s just how it is.

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Banking Reform and Insanity

I’ve just finished reading the proposed and dubiously dubbed Wall Street Reform Act which, if enacted, I am confident has absolutely no hope of addressing the systemic risks or features responsible for the environmental components key to the systems financial melt-down.

What the “Bill” does of course is to illustrate how routinely uninformed and easily manipulated Senators, for example, Mr. Dodd, D-Conn, Mr. Grassley, R-Iowa, Ms. Sens. Amy Klobuchar, D-Minn, and Jeff Merkley, D-Ore , to name but a few, actually are.

More over, grievous errors in practice such as this proposition represent are the very type of miss-adventure the public should be closely watching and strongly object.

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The Sound of a Tyrant

“Do as I say, silence your mind and submit. I know the domain of my thinking, I own the providence of mind, submit to my ways and you will find my truth, you will surrender your own.”

“With iPods and iPads and Xboxes and PlayStations — none of which I know how to work — information becomes a distraction, a diversion, a form of entertainment, rather than a tool of empowerment, rather than the means of emancipation….”

I’m inclined to find this a very curious and provocative statement. Frightening when one considers it to be from the President of the Untied States. If one requires a slightly different perspective, The President went on to say,

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Money, Markets and Greece

Well, it appears the word is out, the markets collapse and the fingers point at an “electric trading anomaly” caused by a simple data entry error!   Oh but not so fast, considering the sovereign debt crisis in Greece and Portugal along with other EU Nations showing the very same risks, IS this all just a one day ruse or is this just the beginning of what lies over the horizon, creeping its way to the U.S.?  Over the past five years I’ve written several articles on the subject exceed only by the number of “live” presentations on money, influence and political-economics. 

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