Michael Moore should run for President.

Although very tongue in cheek, and of course Michael Moore is a capitalist too, he is the only person in the U.S.A. who has the guts to stand up and tell the world what is happening.

http://www.capitalismalovestory.com/

Bubble, bubble bubble.

You've gotta be smokin' some real whacky backy in the UK.
http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/6591368/UK-house-prices-peak-for-affordability-now-over.html

How on earth can that pile of semi-detached or terraced shit built in the 1950s and should have been pulled down in the 1960s be called housing by today's standards?
It was built as temporary housing after the 2nd world war. It is another example of "no renewal" in the UK. Primitive grey little country.

England has put up with crap housing for ages. It is so difficult to buy land since all the local government representatives have vested interests with the mass builders. So planning permission becomes and issue. Also you have to make your house "compatible" with every other house in the street. No attics, basements etc. Rules that are made to keep the average guy from self building and forced to buy a mass builder POS.

English people WAKE UP !!!!!!!!

Idiots warning!

"Don't waste your time arguing with an idiot. They will just drag you down to their level and beat you with years of experience."

One liner.

Ain't no such thing as politics.
Its all Poly-Tricks!

Poly as in many
Tricks as in trickery(deceit)

Even the major banks are preparing for disaster.

SocGen the major French bank came out with this.
http://www.telegraph.co.uk/finance/economics/6599281/Societe-Generale-tells-clients-how-to-prepare-for-global-collapse.html

Meaning the banks themselves do not believe in a recovery.

Patents and Copyrights

These days we have allowed the rules for patents and copyrights to run riot and out of control.

Imagine firms being allowed to patent the human genome. The human genome is a "Public Good" It rather like allowing an airline to patent the sky it flies in. Or another example would be a hair dye company patenting the colour black and making people born with black hair pay them rent.

The capitalist will tell you that a company has to be "rewarded" for its investment in new products and science. Well, to an extent yes. Not 50 years!!! Perhaps 5-10 years and then automatically it has to go into the public domain.

While copyrights can protect artists such as musicians and writers the actual artists themselves get a very small piece of the pie from sales and its the big fat corporate cats sitting in their ivory towers that rake in all the cash.

If in the future we can redirect the excess value away from personal and corporate pockets and instead reinvest in our people and our planet we will all enjoy a better standard of living. Therefore our mindset will change from being self centrered to being open hearted and wanting to share the things we discover and create with the world. At this point the human race will accelerate its growth , maturity and intelligence.

Motto of this article is that capitalist greed is holding back the whole human race.

Automatic generation of Value.

Compared with say 100 years ago we have systems, machines and electronics in place to automatically create value. The creation of value is the only justification to create wealth. Apart from the initial outlay to install these systems and for the maintenance and renewal costs they create free values, i.e. free money.

In the Utopian world these systems would allow the human race to eradicate hunger and poverty in developing nations and reduce the number of hours the working populace needs to work for the same quality of life.

However in the Distopian capitalist society, they do not want people to have more time. Time to think. Time to perhaps rebel. The capitalists want everyone to work as long and as hard as possible for the lowest salary the market will bare, so that the capitalist can cream off more of the residue to hoard for his or herself.

Typical example is using robot farming machines and GPS a farmer with a large area can now run all the sowing, plowing, fertilizing and reaping automatically.
reducing costs overall. Therefore, the number of hours farm hands need to work ought to be decreased, however the farmer landowner doesn't want to take the initial hit for the investment of hardware , he would rather usurp the human machine slaves.

This is a micro example, but there are no disincentives to force him to invest in the future. On a macro scale if a government year after year fails to re-invest in infrastructure and nickles and dimes on the existing crippled infrastructure the county is set for a great fall from first world status straight to third or forth world status. Case in mind is the U.K. which is still trying to use what is essentially a Victorian Infrastructure.

Eventually, left to their own devices capitalists will devour themselves and leave one person with all the wealth and resources in the world. By that time, everyone else will be dead and that person will be heir to an annihilated society.

Lets stop the rot before we all become extinct!

Public Goods.

Keynesian economics talks a lot about "public goods" and how one person consuming a public good should not prevent another person from consuming that good.

I maintain that all profits should be declared public goods since in most cases apart from a one man company, other people were employed in value creation of the product that is sold. People from raw material extraction to fabrication to sales. Many people were involved in the production of the goods, so any profits must logically be a public good. Therefore profits should be put back into the country by infrastructure improvements, like health care, education, hospitals, communications etc.
With more renewal projects the jobless level falls and there is more money in circulation that is not going into the pockets for the greedy capitalists. Spending money or adding money to a system has a multiplying effect according to Keynes. Therefore the benefits are amplified. However if it stays in the pockets of the greedy then the rest of society receive no benefit from the profit and no benefit from the amplification factor either.

Motto... Outlaw greed!

The Tories are merely puppets to big business

Next year there will be a general election in U.K.
Neither the current Labour government nor the Tories are fit to lead. Unfortunately the smaller parties aren't either. Just look at this example of slavish devotion to "big money"
http://www.independent.co.uk/news/uk/politics/has-cameron-done-a-deal-with-murdoch-1819010.html

There needs to be new life in parliament and British politics. Where is Guy Fawkes when you need him?

Anti-Christ?

Goldman Sachs head saying he is doing God's work?
Who does he work for then the Anti-Christ?
Note the ear to ear smile I spoke of in an earlier post.


http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6907681.ece

Jewish tripe.

Today there is a report about infighting in the Jewish community over a Jewish school.
http://www.nytimes.com/2009/11/08/world/europe/08britain.html
This is just spin!

Reading between the lines I see that this is a very "desirable" school where all students have a distinct "advantage" above other schools in the area or in Britain.
What this really means is that the family concerned are bitter that their child was refused entry and are using the "Jewish" card to scream discrimination. Poor hard done by Jews. The family are obviously rich since they are paying expensive (probably Jewish) lawyers to take the school to court. Why not spend that money on a private education for your child (As I have had to do). Why should you get something for nothing (Free education for your child) and I have to pay for mine.

While not prejudice against any race or person or belief, I do believe that Jewish people on the whole have a good if not better life with more money than most. I just wish that they would stop playing this "Holocaust trump card" or variants thereof to keep the world on their side. Jews are no better or no worse than any other race on the earth. Every race , colour and creed have good people and bad people lets get that clear.

The world is ripe for a revolution.

In the mid 20th century the youth of the world of whom I was part had a dream. End war. End corruption. Live in peace with our neigbours for the advancement of mankind. For the most part it was peaceful. Sit-ins and so on. The so called hippy or flower power generation. Why did it fail?

(1) Global communications were not as open as they are today with the internet and national propaganda and reporting controls were able to divert a lot of the news.
(2) The old money got in the way. The parents of the new generation basically told the kids to get back to school and stop fooling about.

Today, I think it would be successful. Nowadays with the internet people are able to topple governments more easily, the power is there. People just need to re-kindle that dream for something better.

Car scrapping discounts who wins?

Since the UK no longer has a domestically owned mass production car maker surely the benefits from the car scrapping scheme are going into the pockets of foreign owners. Don't give me crap about British sourced parts going into those cars either since it will be the bare minimum to get away with it by law.

British men. Put the sports papers down and start to think about what your government is doing!!!

Capitalism Doesn't Work! 89% Agree !!!

New report from BBC shows support for capitalism even lower than that for Gordon Brown.

http://news.bbc.co.uk/2/hi/in_depth/8347409.stm

Where does all the money go?

In our boom and bust economic cycles, where does all the money go. Economists and financiers will tell you it doesn't go anywhere since it was all "paper profits" anyway. However, imagine if you have a crystal ball that will give you the timing of the boom and bust highs and lows. That would be as good as winning the lottery.

Well, the old money, the big money knows the game and profits from these cycles. That is how the rich get richer and the poor get poorer. One way to tell that a boom bubble is about to bust is watch for a rapid acceleration in house prices. The reason I say that is because this is the key to the last stage. When the capitalist buisinessmen cannot wring out enough "gap" between costs and sales they go into the markets and create what stock markets call a "pump and dump scheme". Initially the investors will start to slowly buy property in key areas (Property because 1. Its the single most expensive item most people purchase in a lifetime and 2. It is very illiquid which means its hard to offload a house quickly)

When the investors have managed to build up the momentum to be self sustaining the average Joe Public rushes to get on the bandwagon and extends himself as much as possible in case he misses the chance. Often as in the recent crisis the investors and old money find ways to lend money to people at a ration to earnings that would never be allowed in a sane market. This gives a second pump to already overheating prices. The investors buy a few more properties and wait. Then as if by a magic invisible concensus (conspiracy? you bet it is!), the property owners hit the bids in the market quietly and stealthily. For a while economists snf the media may ponder and talk about whether the current frenzy is about to end or whether it is just taking a breather for the next acceleration. The wise old money knows it is already over because they were the creators of it. Their portfolios already unloaded they bank the cash and sit on their profits which can be very large indeed.

The moral of this is, if its pumping - dump it. If its dumping, wait and buy it.

The importance of microloans

There is a relatively recent phenomena of micro loans in the developing world. Mainly involving a lender which could be smaller regional banks or even a pawnshop and a borrower. It means that people who have no access to regular banking systems have access to loans. it could be for a village to irrigate their crops, it could be for small business start-ups and basically helps poorer communities stand on their own two feet. These microloans are often the only way that people can get themselves out of the poverty trap.

However, no matter how good the intentions of the lenders these loans are often covered by draconian rules and regulations. As mentioned earlier in this blog any investment's VAR is actually the full investment value. Of course we do not want to encourage defaulting, but we must always assume that there will be a percentage of businesses or ideas that fail. Often the lender will charge interest weekly or even daily making the APR very expensive indeed.

* My suggestion is firstly to create a website where potential boprrowers and lenders of microloans can discuss the project and the interest rate and terms and conditions.
* Have a simple no-nonsense plain language contract.
* Have these loans covered by a loan guarantee system (Yes, I know its against my usual opinions).

It is absolutely vital that these borrowers are treated fairly so some kind of structured mechanisms need to be put into place.

Covert Techniques

Have you often wondered why so many people seem to be taking courses on self building or personal coaches or trainers?

Well, I think it is an internal craving to get to the top, to be the winner, not to let anyone get the better of you. Again a testosterone driven primitive man instinct. I repeat again the world doesn't need winners, we all need to be winners.

There are a growing number of people running companies and corporations. However, they are not businessmen, they are people in business. They know how to rape, pillage and plunder the business, but they do not know how to RUN a business. These people are usually micro-managers who employ their underlings to spy on each other so that the boss always knows what people are thinking or doing.

These people use a number of covert techniques including black-ops hypnosis and NLP (Neuro Linguistic Programming). It is not so easy to spot but this is a typical scenario.
The boss will come over to you and tell you something good about you to make your mood upbeat and good, he will usually touch you on the shoulder perhaps the right shoulder, then he will tell you something bad about you, or humiliates you and touches the opposite shoulder. The next few times you meet he will do the same with different scenarios. After a few times he will be able to control your mood by merely touching you on the shoulder.

This coupled with black-ops induction , handshakes, hypnosis and instant trance can have you under his control without even knowing it. You will think he is such a nice person !!!
The only way to null their power is to expose them for what they are. People manipulators. Discover the techniques he is using by making a conscious effort to THINK! and then spread the word. Once the majority know the tricks his power will be gone. There are too many people manipulators in this world usurping others. It just takes a little thought and observation to nullify the effects. People however find it hard to think for themselves and prefer to take the easier path of allowing others to shape their life. Don't be manipulated!!!

Corporate terrorism.

Today an anti-trust case was brought against Intel.
http://www.washingtonpost.com/wp-dyn/content/article/2009/11/04/AR2009110402015.html?hpid=topnews

The punishment simple.
Forced nationalization. The whole board of Intel is fired and charged under the financial terrorism act and punishments dished out in line with my previous posting. Posted here again for convenience.

1. The person is made instantly bankrupt and all his or her global assets are seized forever.

2. That person is banned for life from holding a public office or a directorship in a company

3. That person is never to be allowed credit in the future including credit cards.

4. At least a 10 year prison term with no special low security privileges.
5. No appeals.

Bigger than the GDP of the whole planet!

Quoting an article from "Moneyweek" dated Sep 05, 2007
http://www.moneyweek.com/investments/stock-markets/derivatives-the-mother-of-all-bubbles.aspx

It states concerning the value of derivatives holdings and I quote directly "The latest estimates judge it to be worth some $236 trillion – or about eight times the GDP of the entire planet. In other words, it is a bubble larger than the world itself"


Are we mad? What is wrong with this picture?. That was 2 years ago. look what happened since and what is still happening. We all follower the derivatives pied piper over the edge.

More on the markets.

OK take a deep breath before you answer this.

What gives us (western financial companies, banks and governments), the right to access prices today for delivery in the future?

I am talking about futures, forward rate agreements, outright forwards and options.
Why does anyone need to fix prices in the future? If Keynesian theory (already corrupt, but upheld by the current bunch of ignoramuses running governments and central banks) is correct then prices will find their own level where the buyer and the seller find mutual and equal benefit in the price of the commodity.

To try and fix an asset or liability obligation at some date in the future is bound to encourage speculation, which it has. Do we really want our banks and capital markets to just be a casino for those with the biggest stakes? Already now embedded in our markets since the late 1980's it would be hard to outlaw these products. However, since the financial "Big Bang" any Tom, Dick or Harry who wants to make a "thargload" just has to invent a new financial derivative and sell the idea to an institution and hey presto loads of upfront cash with VAR in the future!

Another ridiculous assumption is that historic prices predict future prices. Again invent your own analytical marker and the "market cult" will test it, absorb it, dream about it and worship it! The latest "in thing" is the SABR volatility model that tries to tell us that the current price of a commodity carries all the information about the past prices and all the future prices. I guess a suitable name for this theory would be quantum derivatives. hahahahahaha!  Are our financiers really such a gullible lot? Perhaps we need to ask the witchdoctor!

What shall we do with the money drunk capitalist? Early in the morning!

The U.S. and to a lesser extent British and European governments are still encouraging 3rd world nations to "borrow" from them for desperately important infrastructure, health, education or welfare projects.

Considering the way western companies use labour in these poorer nations we should be giving them free aid for these projects forever. Instead we either invade their country looking for WMDs or invade them to topple some tinpot little dicatator. We wreck their country. Cause death, disease and famine. Then we offer to rebuild their country from scratch. Of course its our western companies that will get the contract and a few numbers will change in western bank accounts. Yes, there will be some rebuilding, and you can be sure that the corruption in the western companies and governments will syphon of a huge portion for their own pockets. Leaving the 3rd world nation in debt for 50 years and indentured to the lender forever.

No wonder the promise of religious salvation is so easy to sell in these countries for the religious leaders. I just wish that we could gather up all the old money capitalists, politicians and lawyers and send them to the moon in exile. Perhaps that would be too good for them?

Avoid!

Do you know anyone who's smile seems to go from ear to ear?
Fear them! This type of person is laughing because they are about to screw you.