I was banned a second time from the "ticker forum" primarily for my articulation of the fundamental flaw in a "money as debt" economic model for the world. As many of you know, dissent is not allowed and if you are not a complacent drone bee in Denningers hive, you are not allowed an opinion regardless of its proof or underlying truth.
Be that as it may, some of you on "sucker forum" have asked me some questions regarding how we could have an honest money system that is not dependent upon a perpetual expansion of credit and the inevitable collapse that lending at interest is mathematically guaranteed to produce. I'll take a moment to give you what is a solution with the caveat that it will never ever happen until Americans are rioting in the streets and cities are burning to the ground.
First, understand that the entire model of global economics is a ponzi scheme. It is dependent upon perpetual GDP "growth" which by definition is perpetual expansion of global money supply since GDP is measured in units of money. Secondly, understand that all money is created by debt. All money is lent into existence with interest. To have perpetual GDP growth requires perpetual credit expansion and perpetual credit expansion requires perpetual interest on that debt money. Since all money is called into existence via debt, all interest money has to be called into existence by the same mechanism...more debt. It is a compounding function where the more debt money there is the more interest money has to be created by yet more debt compounding in a never ending debt accumulating spiral until it is all unsustainable.
With this understanding, the only solution is a non debt based monetary system. Lending at interest (usury) has to be outlawed and money created by government not banks and added to the economy only to serve the needs of commerce and the growth of population. This was the principle behind having a "gold standard" Under a gold standard, it was thought that a limited resource like gold restrained the creation of money, and basically it did. Government could not create more money than there was gold at a fixed price to back it. This had the desired effect of restraining inflation as the money supply could not expand faster than the resource backing it. This was all undone at the behest of banks under the Nixon regime for the sole purpose of allowing banks...the fed...to print money and lend it into the economy to fund the Vietnam war which was immensely profitable for banks who historically have always thrived on war. With uninhibited means, banks went insane with greed and began their campaign to make debt slaves out of every human on earth. They have largely succeeded and this is why we are where we are today, at peak debt with a crashing currency and guaranteed economic doom on the doorstep.
This is not to say that return to a "gold standard" is the answer. It is not. There are too many people, too little gold and the world too dynamic and complicated place. What is needed, what would work, what should be done, is the creation of a universal currency backed by a large and diverse basket of real world goods and services that reflect all the elements of a global economy. Under such a scenario, a unit of "money" would be equivalent, for example, to a measure of oil, corn, wheat, cotton, gold, iron ore, a unit of labor, etc etc. Every unit of money would have a real world intrinsic value that would never change and never get deflated in its purchasing power. One unit of money would procure you the same amount of these real world commodities today, tomorrow and indefinitely. Zero inflation. No deflation, no inflation...stable constant prices.
This money would be issued into the economy by government not banks. It could be spent into the economy with infrastructure projects, national institutions of learning and science, research etc. Private lending would be non usury and require that an equity stake be taken verses interest. If for example you lent your saved money to a company to expand, you would receive an equity stake not a debt stake. If the company succeeded and sold more of its product you would get your return for your risk. The difference comes from how the venture made its profit...it would do so by capturing more of its competetors business which taps existing money supply and doesn't feed the debt interest machine. It would reward productivity and efficiency not blunt "growth" and would not be credit driven.
This is how it has worked in the past when we lived with "colonial script" It would work now and it would be beneficial for all mankind. It will never ever happen. It removes banks from the system and relegates them to utilities that held your savings and processed financial transactions. Since banks run the world now and have as their only mission statement the debt enslavement of humanity, it will never happen short of a revolution in thinking and a revolution on the streets
I am on solid ground here and happy to address any further questions you may have on this fundamental issue
Thursday, April 28, 2011
Tuesday, April 26, 2011
BY THE INSANE, OF THE INSANE AND FOR THE INSANE...
Jean Claude Trichet came out this morning talking up the dollar. The FX gamblers promptly rushed to cover their bets and for an hour or two the dollar rallied...then turned turtle and hit new lows. Ha! I thought it was Turbo Tax Timmaes job to jawbone the currency. Guess he's been too busy declaring that by his will and authority the US will "never" "ever" default on its debt. Nothing insane about this is there?
Silver soared then crashed then recovered as the currencies convulsed, rumors of physical shortages flew and metals gamblers lit their hair on fire.
Needless to say it set the "Tickerforum" all atwitter with the "Dong" spewing out magic numbers, fib lines, moving averages, theories about imminent asteroid strikes, omens, crashes, currency dislocations and the 3am exorcism the "tickerbees" would hold as they readjusted their aussie/dollar cross bets and es mini predawn wagers.
USA Today ran a story on the front page about the record amount of income provided to fat fuck America from the government tit which hit over 18%. One can only surmise that this insane nation also had record income re-distribution or record money printing/borrowing to get those welfare checks out to the deserving obese mall shopping consumers who have been forced to live the horrible existence the lack of plasma tv and Iphone 5 brings. The horror!!
A report was issued stating that more than 40 species of fish will become extinct shortly due to overfishing, pollution and habitat destruction but I dismissed it when I heard the rumor that Bernanke was going to print a $1000 bill with an image of a Bluefin Tuna on it....tasty.
The countdown has begun on the biggest betting day of the year!!! The Fed is meeting!! Whoo Hoo!! What will Times man of the year say tomorrow? Will he keep printing fiat so Netflix can recover to a new all time highs or will he take away the crack and stand idly by as thousands of traders weep onto their Ipads as stocks swoon?....hee hee...clue....he's a banker...don't tell anyone.
Syria is mowing down its consumers. Gadaffi is mowing down its consumers. Nigeria is mowing down its consumers. Yemen is mowing down its consumers. Japan is irradiating its consumers. McDonalds is raising prices on its consumers. Toyota doesn't have any consumers or production.
Zero Hedge lit into the Nobel Peace Prize winning president for tongue lashing "speculators" in the oil and food "complex" "asset classes" making the bold proclamation that speculators in food are good!! Record high food prices, although being a bit of an issue for the 45 million on food stamps and millions on fixed income, not to mention the billion people who earn $1 a day globally, actually spurs the production of new top soil!! Which is a good thing seeing that record amounts of topsoil is being lost world wide with fence post to fence post plowing in the quest for getting the goods while the getting is good.
And finally, Ron Paul is throwing his "Mr. Rogers" hat in the ring as a presidential hopeful alongside the Mormon with his fireproof underwear, the Donald who will announce his intention on the last episode of his tv show and a handful of Bible thumpers from some shit hole states south of the Mason Dixon line. I sure hope Sarah Palin gets her mo jo back.
No, nothing is insane here is there?
Silver soared then crashed then recovered as the currencies convulsed, rumors of physical shortages flew and metals gamblers lit their hair on fire.
Needless to say it set the "Tickerforum" all atwitter with the "Dong" spewing out magic numbers, fib lines, moving averages, theories about imminent asteroid strikes, omens, crashes, currency dislocations and the 3am exorcism the "tickerbees" would hold as they readjusted their aussie/dollar cross bets and es mini predawn wagers.
USA Today ran a story on the front page about the record amount of income provided to fat fuck America from the government tit which hit over 18%. One can only surmise that this insane nation also had record income re-distribution or record money printing/borrowing to get those welfare checks out to the deserving obese mall shopping consumers who have been forced to live the horrible existence the lack of plasma tv and Iphone 5 brings. The horror!!
A report was issued stating that more than 40 species of fish will become extinct shortly due to overfishing, pollution and habitat destruction but I dismissed it when I heard the rumor that Bernanke was going to print a $1000 bill with an image of a Bluefin Tuna on it....tasty.
The countdown has begun on the biggest betting day of the year!!! The Fed is meeting!! Whoo Hoo!! What will Times man of the year say tomorrow? Will he keep printing fiat so Netflix can recover to a new all time highs or will he take away the crack and stand idly by as thousands of traders weep onto their Ipads as stocks swoon?....hee hee...clue....he's a banker...don't tell anyone.
Syria is mowing down its consumers. Gadaffi is mowing down its consumers. Nigeria is mowing down its consumers. Yemen is mowing down its consumers. Japan is irradiating its consumers. McDonalds is raising prices on its consumers. Toyota doesn't have any consumers or production.
Zero Hedge lit into the Nobel Peace Prize winning president for tongue lashing "speculators" in the oil and food "complex" "asset classes" making the bold proclamation that speculators in food are good!! Record high food prices, although being a bit of an issue for the 45 million on food stamps and millions on fixed income, not to mention the billion people who earn $1 a day globally, actually spurs the production of new top soil!! Which is a good thing seeing that record amounts of topsoil is being lost world wide with fence post to fence post plowing in the quest for getting the goods while the getting is good.
And finally, Ron Paul is throwing his "Mr. Rogers" hat in the ring as a presidential hopeful alongside the Mormon with his fireproof underwear, the Donald who will announce his intention on the last episode of his tv show and a handful of Bible thumpers from some shit hole states south of the Mason Dixon line. I sure hope Sarah Palin gets her mo jo back.
No, nothing is insane here is there?
Saturday, April 23, 2011
DENNINGER THE DOUCHE NOZZLE....
On the "Fed Up USA" portion of the "ticker forum" a poster had the audacity!!! to post the following...
1. There is one and one only solution to inherent, irreversible multiplication of debt by interest; this being eradication of interest.
2. There is one and one only solution to inflation and deflation; this being maintenance of a circulation which is at all times equal to the remaining value of the very assets for which the circulation was issued.
3. A schedule of payment equivalent to the rate of depreciation or consumption is key then not only to implementation of mathematically perfected economy™, but to the very economic justice of receiving for an equal measure of our own work, the equivalent work of others.
4. There is one and one only solution/eradication of systemic manipulation of the cost or value of money or property; this itself being the union of the singular solutions of inflation, deflation, and inherent multiplication of debt by interest.
also :
"A [monetary] system comprised of usury [charging interest] therefore is unsustainable, and simply a means of dispossessing the subject society of its wealth."
Heir Denninger replied with this...
Notice the "tm"?
He's selling something.
Oh, and he's wrong. "Eradication of interest" means the eradication of the right to lend your capital to someone else. You therefore no longer own your capital.
This man is, therefore, a communist.
(He's also factually wrong, in that there's this thing called "recession" that resolves the imbalance that he (and many thousands of others) have identified. He's simply trying to prevent the need for that - and therefore he brings out the communism and stomps his jack-booted foot on your throat.)
This douche-nozzle was dealt with a couple of years ago here on the forum, if you care to use the "Search" function. I have no intention of rehashing what was put to bed a long time ago.
In typical Denninger douche nozzle fashion, all that does not fit his personal agenda gets dismissed and all that does not serve his perverted view and self maximizing ways gets banned
Well I too posted about usury on his dysfunctional site and made the absolutely factual argument that debt based economics was in fact a doomed and mathematically impossible system. I pointed out with unshakeable reasoning that the charging of interest is indeed a multiplication of debt as interest is a compounding function that in time goes parabolic thus destroying the ability to service it and collapsing the underlying economy that embraced it. This is a fact and we are living it today in real time.
Denningers stupid argument that the banning of usury impedes the flow of capital and his right to pilfer from non productive endeavors is false and a delusional distortion of reality motivated by his self serving view of the world. For example...
I give my savings to a company wishing to go public and expand its productive ability....I part with my savings in exchange for the possible return of my capital and a piece of the company's future profits. The company succeeds and they in turn return my capital and a share of their profits. There is no debt involved, no interest, no usury but a share of the ventures profits derived from capturing a larger percentage of the existing market for their product. This arrangement is entirely different from a usury model in that the venture derives its increased profits not by and expansion of the money supply as interest/usury does but by a capture of a larger portion of the existing money supply from their competitors. Usury is compounding interest that drives money supply higher by its nature...compounding money supply is the definition of inflation....equity investment as outlined in my example does not compound money growth but rather gets its rewards from greater efficiency and productivity not a ponzi chain letter model such as lending at interest.
Denninger would not debate me on this. He uses the ban hammer to keep his nazi empire intact. He is 100% wrong in his self motivated assertions and the author of the piece at the top here is 100% correct that the only solution to the problems that are consuming us is the abolishment of a credit, money as debt, interest compounding multiplication of debt model for mankind.
Sadly, the world run by bankers for bankers will never ever see the wisdom presented by the author or myself. They embrace the fraudulent model because it serves them just like it serves the scum bag who sits by his electric coffee bean roaster and his 26 liquid plasma trading screens. Bankers are frauds and Denninger is a fraud. Self serving, delusional, myopic, criminal, dysfunctional lying frauds.
I will be happy to elaborate on this if you like.
1. There is one and one only solution to inherent, irreversible multiplication of debt by interest; this being eradication of interest.
2. There is one and one only solution to inflation and deflation; this being maintenance of a circulation which is at all times equal to the remaining value of the very assets for which the circulation was issued.
3. A schedule of payment equivalent to the rate of depreciation or consumption is key then not only to implementation of mathematically perfected economy™, but to the very economic justice of receiving for an equal measure of our own work, the equivalent work of others.
4. There is one and one only solution/eradication of systemic manipulation of the cost or value of money or property; this itself being the union of the singular solutions of inflation, deflation, and inherent multiplication of debt by interest.
also :
"A [monetary] system comprised of usury [charging interest] therefore is unsustainable, and simply a means of dispossessing the subject society of its wealth."
Heir Denninger replied with this...
Notice the "tm"?
He's selling something.
Oh, and he's wrong. "Eradication of interest" means the eradication of the right to lend your capital to someone else. You therefore no longer own your capital.
This man is, therefore, a communist.
(He's also factually wrong, in that there's this thing called "recession" that resolves the imbalance that he (and many thousands of others) have identified. He's simply trying to prevent the need for that - and therefore he brings out the communism and stomps his jack-booted foot on your throat.)
This douche-nozzle was dealt with a couple of years ago here on the forum, if you care to use the "Search" function. I have no intention of rehashing what was put to bed a long time ago.
In typical Denninger douche nozzle fashion, all that does not fit his personal agenda gets dismissed and all that does not serve his perverted view and self maximizing ways gets banned
Well I too posted about usury on his dysfunctional site and made the absolutely factual argument that debt based economics was in fact a doomed and mathematically impossible system. I pointed out with unshakeable reasoning that the charging of interest is indeed a multiplication of debt as interest is a compounding function that in time goes parabolic thus destroying the ability to service it and collapsing the underlying economy that embraced it. This is a fact and we are living it today in real time.
Denningers stupid argument that the banning of usury impedes the flow of capital and his right to pilfer from non productive endeavors is false and a delusional distortion of reality motivated by his self serving view of the world. For example...
I give my savings to a company wishing to go public and expand its productive ability....I part with my savings in exchange for the possible return of my capital and a piece of the company's future profits. The company succeeds and they in turn return my capital and a share of their profits. There is no debt involved, no interest, no usury but a share of the ventures profits derived from capturing a larger percentage of the existing market for their product. This arrangement is entirely different from a usury model in that the venture derives its increased profits not by and expansion of the money supply as interest/usury does but by a capture of a larger portion of the existing money supply from their competitors. Usury is compounding interest that drives money supply higher by its nature...compounding money supply is the definition of inflation....equity investment as outlined in my example does not compound money growth but rather gets its rewards from greater efficiency and productivity not a ponzi chain letter model such as lending at interest.
Denninger would not debate me on this. He uses the ban hammer to keep his nazi empire intact. He is 100% wrong in his self motivated assertions and the author of the piece at the top here is 100% correct that the only solution to the problems that are consuming us is the abolishment of a credit, money as debt, interest compounding multiplication of debt model for mankind.
Sadly, the world run by bankers for bankers will never ever see the wisdom presented by the author or myself. They embrace the fraudulent model because it serves them just like it serves the scum bag who sits by his electric coffee bean roaster and his 26 liquid plasma trading screens. Bankers are frauds and Denninger is a fraud. Self serving, delusional, myopic, criminal, dysfunctional lying frauds.
I will be happy to elaborate on this if you like.
Saturday, April 16, 2011
THERE IS NO FIX AND I WILL PROVE IT....
1. POLITICS....A French philosopher (I don't recall his name) wrote a book about why democracies fail. He was spot on in his understanding that once the masses understand that they can vote themselves government largesse and rob the national treasury through their vote, it is only a matter of time before the fabric of their society collapses under its own weight. We are there now. There is no way any meaningful policy will be crafted that puts this nation on a path to sustainability because the interests that make the rules receive their position of authority from the people now totally dependent on the welfare state. I guarantee you that no senior will vote for anyone who advocates removing one dime of their entitlements. I guarantee you that no vote will be cast by anyone that in any way threatens the status quo of Wall Street and the F.I.R.E. economy. I assure you that no vote will ever get cast by any special interest group that is threatened with less from the government. In short, not one thing will get done, changed, modified or even move towards a rational model that reveres sustainability, soundness, prudence and rationality because every step in that direction requires restraint, conservation, sacrifice and loss of government entitlement because no one ever has or ever will vote for someone who promises to take something away from them. Period. It is a monumental waste of time to engage in political debate or to care one bit about politics in general...it is all the same, there are no parties, there are no statesmen, there are no reforms, hope or change coming. None. Leaders get elected to make the rules by giving away not taking and the public is fully aware of this. Democracy fails now as the final pillage of whatever wealth remained accelerates.
ECONOMICS....We exist under a flawed, fraudulent, unsustainable, illusory economic model. It is based upon the economics of "more" which is a mathematical impossibility. Our yardstick of prosperity as measured by GDP is an exponential function meaning that every percentage increase in GDP is an increase upon an increase not from some static baseline. 3% GDP this year is not 3% more than some benchmark, it is 3% of the previous percentage growth rate. It is a compound function meaning that it goes parabolic at some point. There is nothing in nature that grows at a compound rate. It is not possible. Bacteria in a petri dish grow exponentially for a time, doubling and then doubling again and yet again until they consume the entire growth medium and they all die. Economics is no different. A system that depends upon compounding "growth" will, without question, consume its entire "growth medium" and eventually die. It is a fact of nature that cannot be repealed.
Take China for example...heralded as an economic miracle as measured by its 10% GDP "growth" rate. Using the rule of "72" you know that a doubling of output of all goods and services at this "growth" rate will take less than 7 years. This means that China will be consuming twice the coal, oil, timber, minerals and all other resources in 7 years that it does now. You tell me what the planet will look like with 2 trillion tons of coal being burned and double the number of internal combustion engines purring along twice as many paved miles. Add India, the rest of the BRIC nations, a few billion from the 3d world all aspiring to live an American lifestyle and tell me what the resulting prices of commodities will be and the toll on the planet we all inhabit. Bacteria in a petri dish. Unsustainable consumption, unsustainable economic model, unsustainable demand on limited finite resources and yet this is the model pursued and aspired to with no regard what so ever for the ultimate consequences. Fail. Epic fail. Permanent fail.
CATCH 22... It is clear that the path forward cannot be the one we are currently on which is the one that led us to where we are now. Only a mindless fool could be so blind as to deny this. Yet, the obvious directional change is equally impossible. You cannot deny billions of people aspiring to your lifestyle. You cannot command that the have nots remain in their huts. You cannot decree that all of civilization live the life of the Amish tomorrow. You cannot stop the economics of "more" because that puts billions of people who make the mountains of plastic crap that fills our incinerators and landfills and trophy homes instantly unemployed. The second you halt the exploitation of the planet and the production of unsustainable practices and useless junk, the world plunges into depression. It is bacteria exponentially dependent upon consumption of its growth medium to sustain itself racing towards the edge of the dish and exhaustion of that which gives it life. There is no fix. There is none politically, none physically, none economically. It is a catch 22 where no matter which path you choose the end is the same. Austerity breeds more poverty, money printing breeds inflation leading to hyperinflation, doing nothing allows the same degradation to continue until it grinds to a halt. There is no fix. It is all in your dreams and imagination or fantasy that there is. There is no fix because there can't be one when the machine is designed to self destruct. The blueprint is flawed so the machine is flawed and the operators of it will not change the design as it would be in opposition to your popular will.
The die is cast lads. You can look out your window and see snow and claim there is no global warming. You can view the planet while staring at your living room. You can delude yourself with false hope in a political machine that is homogenous and a total prisoner to other wills. You can see what you want to see and dismiss the rest. Won't change a thing. Nature doesn't care what you see or think nor does the laws of mathematics. There is no fix. Never was, isn't now and never will be.
ECONOMICS....We exist under a flawed, fraudulent, unsustainable, illusory economic model. It is based upon the economics of "more" which is a mathematical impossibility. Our yardstick of prosperity as measured by GDP is an exponential function meaning that every percentage increase in GDP is an increase upon an increase not from some static baseline. 3% GDP this year is not 3% more than some benchmark, it is 3% of the previous percentage growth rate. It is a compound function meaning that it goes parabolic at some point. There is nothing in nature that grows at a compound rate. It is not possible. Bacteria in a petri dish grow exponentially for a time, doubling and then doubling again and yet again until they consume the entire growth medium and they all die. Economics is no different. A system that depends upon compounding "growth" will, without question, consume its entire "growth medium" and eventually die. It is a fact of nature that cannot be repealed.
Take China for example...heralded as an economic miracle as measured by its 10% GDP "growth" rate. Using the rule of "72" you know that a doubling of output of all goods and services at this "growth" rate will take less than 7 years. This means that China will be consuming twice the coal, oil, timber, minerals and all other resources in 7 years that it does now. You tell me what the planet will look like with 2 trillion tons of coal being burned and double the number of internal combustion engines purring along twice as many paved miles. Add India, the rest of the BRIC nations, a few billion from the 3d world all aspiring to live an American lifestyle and tell me what the resulting prices of commodities will be and the toll on the planet we all inhabit. Bacteria in a petri dish. Unsustainable consumption, unsustainable economic model, unsustainable demand on limited finite resources and yet this is the model pursued and aspired to with no regard what so ever for the ultimate consequences. Fail. Epic fail. Permanent fail.
CATCH 22... It is clear that the path forward cannot be the one we are currently on which is the one that led us to where we are now. Only a mindless fool could be so blind as to deny this. Yet, the obvious directional change is equally impossible. You cannot deny billions of people aspiring to your lifestyle. You cannot command that the have nots remain in their huts. You cannot decree that all of civilization live the life of the Amish tomorrow. You cannot stop the economics of "more" because that puts billions of people who make the mountains of plastic crap that fills our incinerators and landfills and trophy homes instantly unemployed. The second you halt the exploitation of the planet and the production of unsustainable practices and useless junk, the world plunges into depression. It is bacteria exponentially dependent upon consumption of its growth medium to sustain itself racing towards the edge of the dish and exhaustion of that which gives it life. There is no fix. There is none politically, none physically, none economically. It is a catch 22 where no matter which path you choose the end is the same. Austerity breeds more poverty, money printing breeds inflation leading to hyperinflation, doing nothing allows the same degradation to continue until it grinds to a halt. There is no fix. It is all in your dreams and imagination or fantasy that there is. There is no fix because there can't be one when the machine is designed to self destruct. The blueprint is flawed so the machine is flawed and the operators of it will not change the design as it would be in opposition to your popular will.
The die is cast lads. You can look out your window and see snow and claim there is no global warming. You can view the planet while staring at your living room. You can delude yourself with false hope in a political machine that is homogenous and a total prisoner to other wills. You can see what you want to see and dismiss the rest. Won't change a thing. Nature doesn't care what you see or think nor does the laws of mathematics. There is no fix. Never was, isn't now and never will be.
Tuesday, April 12, 2011
THE NIGHT THE LIGHTS WENT OUT IN NICEVILLE...
Denninger aka Trump sucker/isotope man/professional toupee model has got to be pulling his hair piece out tonight. The Fukishima nuclear disaster is officially now on a par with Chernobyl threatening his vision of a direct high tension 40 megawatt line to his niceville home/NASA backup/IRS processing/ICBM tracking/USPS mail sorting plant/ 28 plasma screen co-located high frequency algo driven market ticker "trade" complex. Boo Hoo.
In one of his dysfunctional, delusional, "James Watt" Jesus is coming rants on the future of power generation he wailed like an Iranian woman at a funeral that his cherished way of life that included a personalized electric coffee bean roaster for every man woman and child was under threat if pressure mounted to remove nuclear disasters from the mix of electric generating options. It wasn't enough that the Gulf of Shit was raining Corexit and WD-40 over a half dozen southern states, that people were still dying from the cleanup of the Exxon Valdez spill many years ago or the waste of entire nation that also happens to be the 3d largest economy on earth was unfolding as he blathered...noooooo! We need more power he chortled!! "How the fuck can I power the matrix, trade corn futures, watch porn on my 60" hi def plasma big screen without nuclear power?"
Never crossed the Dongs mind that conservation could be part of the mix. Never fired a synapse in his infected brain that well lit walmart parking lots, outdoor lighting around his hot tub (what a gross vision, Karl in a hot tub), giant roadside electronic billboards, endless gadgets with plugs on them etc etc...are worth sacrifice in exchange for a viable Gulf of Mexico, Alaskan coast, the nation of Japan and a nighttime sky where one can see the stars. No, that would be too inconvenient for the Queen bee and his self maximizing gluttony, requiring some measure of selflessness on his part for the betterment of all. It would be too much an infringment on his personal liberty to do whatever the fuck he wants, buy whatever he desires, consume whatever he can afford and champion policies of "more" because they serve his child like cravings. Better we rip the tops off every mountain in Kentucky, fill the Gulf of Shit with oil so it's easier to refine, sacrifice a whole nation every now and then, anything and everything to bring every suburban convenience to soft spoiled shitbags like Denninger than to do the human, rational, just thing and give up some trinket or two for the preservation of life on earth.
Go to Japan Karl and swing by a marsh in Louisiana. Stop by for a cup of coffee in Kentucky next to a strip mine (home ground by hand)!! Get your blood tested for mercury and Corexit and then while you're sitting in your hot tub with all the lights on monitoring the 29 trading screens glowing like the radiation from Fukishima, tell me how you explain it all to your child who will inherit the spoils of your self serving hedonism.
Fuck you and all like you.
Sunday, April 10, 2011
DENNINGER RUNS NASA NOW TOO...
I refer you...http://market-ticker.org/akcs-www?post=183909
The hair challenged, flabby jowl, self serving, self maximizing, personal electronic coffee bean roasting, Trump dick sucking champion of more is poised in front of NORAD command central under Cheyene mountain, mission control in Houston, or in suburban Shitsville Florida at his "trading" Wall St enabling, Hindenberg vigil electronic altar where he delivers yet another "expert" analysis to the hive of delusional drone bees that kiss his stinger and swallow his delusional dysfunctional venom spew.
For a prick who hates Wall St. curses the fraud, rails against corruption, writes reams of reasons why it should all be shut down, vilifies the banks, cusses and curses the likes of Goldman etc etc ad nauseum...I find it amazing that he has wired his dysfunctional brain to a "trading" nerve center that would make the AT&T global call routing center envious.
This piece of shit has his own zip code for the power company and probably gets some municipality rate for kilowatts consumed in his pursuit of profit from the very criminal organization he so routinely vilifies. Talk about hypocrisy! Denninger and those like him exist for one reason and one reason alone...self maximization. He champions nuclear power and "drill baby drill" so that he can cheaply power his hard wired head and Chevy Suburban that tows his boat to the oil polluted Gulf of Shit near his neon blue lit abode. He doesn't give a fuck about the planet, you, others, wildlife, the rest of the world, honesty, integrity, honor, fairness, equality, justice or any other virtue or character trait...just more power, more toys, more gadgets, more stuff, more trade screens, more trinkets, more oil, more nukes, more fraud and corruption so long as he can model it with 69 bars and lines so to front run some fucking "trade" fatten his account and consume more useless electronic shit to flood his diseased brain with.
Denninger is no different than Blankfein or Dimon though he would have you believe otherwise. His command central matrix is designed to do exactly what the Wall St. criminals do. He is in league with them on a tick by tick basis and is only too happy to extract profit from mindless non productive gambling regardless of its effect on the world at large. No doubt several of those halo emitting screens have commodity prices blinking on them and no doubt a soulless fuck like Denninger has no qualms about piling on a corn trade even if it means adding to the misery of someone else struggling to buy his family food. Fuck him!! He is the embodiment of what is wrong with the world. A self absorbed financial pick pocket in the den of thieves who would fuck over their own mothers for a depreciating buck.
This video clip makes me want to puke.
The hair challenged, flabby jowl, self serving, self maximizing, personal electronic coffee bean roasting, Trump dick sucking champion of more is poised in front of NORAD command central under Cheyene mountain, mission control in Houston, or in suburban Shitsville Florida at his "trading" Wall St enabling, Hindenberg vigil electronic altar where he delivers yet another "expert" analysis to the hive of delusional drone bees that kiss his stinger and swallow his delusional dysfunctional venom spew.
For a prick who hates Wall St. curses the fraud, rails against corruption, writes reams of reasons why it should all be shut down, vilifies the banks, cusses and curses the likes of Goldman etc etc ad nauseum...I find it amazing that he has wired his dysfunctional brain to a "trading" nerve center that would make the AT&T global call routing center envious.
This piece of shit has his own zip code for the power company and probably gets some municipality rate for kilowatts consumed in his pursuit of profit from the very criminal organization he so routinely vilifies. Talk about hypocrisy! Denninger and those like him exist for one reason and one reason alone...self maximization. He champions nuclear power and "drill baby drill" so that he can cheaply power his hard wired head and Chevy Suburban that tows his boat to the oil polluted Gulf of Shit near his neon blue lit abode. He doesn't give a fuck about the planet, you, others, wildlife, the rest of the world, honesty, integrity, honor, fairness, equality, justice or any other virtue or character trait...just more power, more toys, more gadgets, more stuff, more trade screens, more trinkets, more oil, more nukes, more fraud and corruption so long as he can model it with 69 bars and lines so to front run some fucking "trade" fatten his account and consume more useless electronic shit to flood his diseased brain with.
Denninger is no different than Blankfein or Dimon though he would have you believe otherwise. His command central matrix is designed to do exactly what the Wall St. criminals do. He is in league with them on a tick by tick basis and is only too happy to extract profit from mindless non productive gambling regardless of its effect on the world at large. No doubt several of those halo emitting screens have commodity prices blinking on them and no doubt a soulless fuck like Denninger has no qualms about piling on a corn trade even if it means adding to the misery of someone else struggling to buy his family food. Fuck him!! He is the embodiment of what is wrong with the world. A self absorbed financial pick pocket in the den of thieves who would fuck over their own mothers for a depreciating buck.
This video clip makes me want to puke.
Friday, April 1, 2011
NOTHING MATTERS TO MYOPIC MADMEN...
Marc Faber, a legend in investment circles, said in an interview that he has always underestimated the madness of crowds. In an interview he articulated his best investment call and worst bet when he predicted the demise of the dot com bubble...2 years too soon. He lost the bet but was right on the prediction. He went against the herd mentality of that delusional era, was right in his rational perceptions but none the less, because of timing, failed to profit from his wagers.
Crowds are mad. People are mad. Collective group think is almost always a form of mass delusion driven by humans innate desire for the perceived safety of numbers and their abject fear of being un-accepted by the collective. People are "borg", the mindless, selfless drones of Star Trek fame, shaped and molded into psychological copies of each other all moving in the same direction intent on "absorbing" anything different or unique into their "collective" consciousness.
You see it all the time all around you but most of you are powerless against its relentless pursuit of your independence. Radical Islam, Evangelistic Christians, Democrats and Republicans, special interest "groups" of all types and persuasions, demographic "groups", the "Pepsi", "me", "yuppie", "now" generation, nationalities, ethnic "groups", on and on...like gravity, pulling you with constant and unwavering determination to "belong", to be a cog in some machine, to "fit in" be "accepted".
"It is no measure of mental health to be well adjusted to a profoundly sick society"
I love this quote. It encapsulates my philosophy and empowers me to reject the "borg" mentality of my fellow human beings. I have no compelling drive to be a "born again Christian", "Muslim", "Democrat" "American citizen" "Polock" "middle aged man" or any other category that defines my identity. I reject definition. I reject being what a uniform says I am. I reject being what a "group" says I am. I reject being what commercialism, advertising, pop culture, heritage, faith, fad or fashion says I am. I don't have tattoos because they are stupid. I wear white socks because I like them. I play the bagpipes and wear a kilt because I like them. I rail against religion because they are mindless and irrational. I hate banks and wall street because they are evil. I'm indifferent towards homosexuals but I hate with a passion fat people because homosexuals, although having an appetite for kok, don't eat like pigs, hogging resources with indifferent self maximizing selfishness. I don't clap when the president speaks because he is an asshole and I wouldn't piss on the pope if he was on fire because he is a delusional psychological sheep herder of millions of delusional mindless sheep. And above all of this resides my attitude that doesn't give a flying fuck what you think of me, what you say of me, how you perceive me or whether or not you think I'm sane or insane...I know who I am, I know I'm rational and I know you are "borg" with no thoughts or insights of your own just some party line from whichever group perspective you've aligned yourself with.
Back to "economics" and "investing" the two most delusional pursuits of all...
The " borg" embraces the collective mindset of Wall Street. "Greed is good", "growth" is good, housing growth, expansion, lending, banking, jobs, money, wealth....all good. I say bullshit. Nothing is "good" or "bad" without context. without dissection, without evaluation. Nothing.
Is it "good" when it's reported that global auto sales hit a record? What of fuel usage, pollution, congestion, traffic, the suburbanization that takes place with increased mobility? Is it "good" when China reports an increase in factory output? What of poisoned rivers and dead zones in the sea, increased cancers and premature deaths? Is a million run rate in new home sales "good"? What is good about a relentless drive towards the pavement of every last acre of land from sea to shining sea? Is a million new global jobs "good"? What if they are jobs making jdam bombs, plastic flowers, sub-assemblies of gadgets that get thrown into a landfill within a year as planned and perceived obsolessence demand replacement? Where does the "quality" of life fit into this model? What is the destination as a people this model is shooting for? I say it doesn't matter to mindless madmen. I say that the "borg" collective has adopted a mentality of money equalling morality where the measure of everything is return on investment regardless of consequence and irrespective of the toll it takes on the "borgs" and my future.
It is myopic madness now marked by a singular goal in global financial circles to reanimate the corpse of lending for consumption,nurture ever expanding GDP, have more raw tonnage mined and harvested and more money created at the expense of everything and anything else. And you follow along like the automated "borg" that you are. You grasp for your share of the pie unwilling to take a stand against the madness of mobs, unable to see beyond the now, incapable of being an independent free thinking rational man even if a part of you knows the absolute folly of pursuing the unsustainable. You sit in the lifeboat making a feast out of the rations knowing full well that there will be nothing left for tomorrow and because you are within the safety of the collective and have the endorsement of the masses, nothing matters but acceptance, complacency and the will of the mad myopic mob.
Crowds are mad. People are mad. Collective group think is almost always a form of mass delusion driven by humans innate desire for the perceived safety of numbers and their abject fear of being un-accepted by the collective. People are "borg", the mindless, selfless drones of Star Trek fame, shaped and molded into psychological copies of each other all moving in the same direction intent on "absorbing" anything different or unique into their "collective" consciousness.
You see it all the time all around you but most of you are powerless against its relentless pursuit of your independence. Radical Islam, Evangelistic Christians, Democrats and Republicans, special interest "groups" of all types and persuasions, demographic "groups", the "Pepsi", "me", "yuppie", "now" generation, nationalities, ethnic "groups", on and on...like gravity, pulling you with constant and unwavering determination to "belong", to be a cog in some machine, to "fit in" be "accepted".
"It is no measure of mental health to be well adjusted to a profoundly sick society"
I love this quote. It encapsulates my philosophy and empowers me to reject the "borg" mentality of my fellow human beings. I have no compelling drive to be a "born again Christian", "Muslim", "Democrat" "American citizen" "Polock" "middle aged man" or any other category that defines my identity. I reject definition. I reject being what a uniform says I am. I reject being what a "group" says I am. I reject being what commercialism, advertising, pop culture, heritage, faith, fad or fashion says I am. I don't have tattoos because they are stupid. I wear white socks because I like them. I play the bagpipes and wear a kilt because I like them. I rail against religion because they are mindless and irrational. I hate banks and wall street because they are evil. I'm indifferent towards homosexuals but I hate with a passion fat people because homosexuals, although having an appetite for kok, don't eat like pigs, hogging resources with indifferent self maximizing selfishness. I don't clap when the president speaks because he is an asshole and I wouldn't piss on the pope if he was on fire because he is a delusional psychological sheep herder of millions of delusional mindless sheep. And above all of this resides my attitude that doesn't give a flying fuck what you think of me, what you say of me, how you perceive me or whether or not you think I'm sane or insane...I know who I am, I know I'm rational and I know you are "borg" with no thoughts or insights of your own just some party line from whichever group perspective you've aligned yourself with.
Back to "economics" and "investing" the two most delusional pursuits of all...
The " borg" embraces the collective mindset of Wall Street. "Greed is good", "growth" is good, housing growth, expansion, lending, banking, jobs, money, wealth....all good. I say bullshit. Nothing is "good" or "bad" without context. without dissection, without evaluation. Nothing.
Is it "good" when it's reported that global auto sales hit a record? What of fuel usage, pollution, congestion, traffic, the suburbanization that takes place with increased mobility? Is it "good" when China reports an increase in factory output? What of poisoned rivers and dead zones in the sea, increased cancers and premature deaths? Is a million run rate in new home sales "good"? What is good about a relentless drive towards the pavement of every last acre of land from sea to shining sea? Is a million new global jobs "good"? What if they are jobs making jdam bombs, plastic flowers, sub-assemblies of gadgets that get thrown into a landfill within a year as planned and perceived obsolessence demand replacement? Where does the "quality" of life fit into this model? What is the destination as a people this model is shooting for? I say it doesn't matter to mindless madmen. I say that the "borg" collective has adopted a mentality of money equalling morality where the measure of everything is return on investment regardless of consequence and irrespective of the toll it takes on the "borgs" and my future.
It is myopic madness now marked by a singular goal in global financial circles to reanimate the corpse of lending for consumption,nurture ever expanding GDP, have more raw tonnage mined and harvested and more money created at the expense of everything and anything else. And you follow along like the automated "borg" that you are. You grasp for your share of the pie unwilling to take a stand against the madness of mobs, unable to see beyond the now, incapable of being an independent free thinking rational man even if a part of you knows the absolute folly of pursuing the unsustainable. You sit in the lifeboat making a feast out of the rations knowing full well that there will be nothing left for tomorrow and because you are within the safety of the collective and have the endorsement of the masses, nothing matters but acceptance, complacency and the will of the mad myopic mob.
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