Tag Archives: Economic

Geithner, EU and Greece

I selected these three iconic references as symptomatic of what goes round-the-globe in the image of a dog chases an ever diminishing tail – asymmetrical response.

 

The unpolished truth of the global financial playground is akin to ones alarm should your child find themselves in a sand-box having been mistaken, by a cat, for a litter-box.  The cat may not have known the difference but you most certainly do!

 

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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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Banking Drives the Markets

As any casual observer will note, there is a great deal of commentary afloat regarding financial reform however conspicuous by its absence is any measure of meaningful and strategic discourse.  Interesting as the subject may be, still behind the political chicanery of Democrat vs. Republican are the respective interests working both sides of the aisle toward a predetermined goal.  Course Title: Political-Economics 101 – American Style! 

I coined a rather unique phrase for this process and I discuss the concept at great length in the Blind-Vision 3 Volume Series; the concept to which I refer is Legislative-Coercion.  It’s a wonderful process whereby influential forces craft a preferential outcome through the use of the legislative process. 

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WiNiP – The Optimist v4.10a

“The march is on, oblivion! The shapeless void has no boundaries, formless as it is, still marks its destination. The call it chides, the ranks they file below the pennant as they reply, too few object.  In solitude, one voice can seem as silence, when none are left to listen.”  

Curious and interesting bit of prose!   

This past week I was at a small gathering, a nice group of folks and most came to join in the conversation, one individual had a copy of We Hold These Truths in her hand and ask me if I would sign it – I don’t think I’ll ever get used to it, I find myself looking around thinking, “Maybe she means someone else!”  And then she points to the name on the cover and say, “…isn’t that you?”  Well,…ah, why yes, I guess it is!  

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Israel – The Manufacturing of Crisis

Global hegemony is a nasty and complex affair.  It requires constant maneuvering and adaptability in order to manage the massive inertial forces that compound from the mutations of opposing forces – and it is these opposing forces which ultimately doom the process to failure.  Thus the nature of all megalomaniacal forces – hubris always believes it can overcome the law of inevitable consequence, which, of course, is the very weakness or causal force that is the single most critical pathogen. 

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