The credit crunch creates anger. Anger that individuals feel within, and it builds up and at certain times, by virtue of being ever ready to explode, instantiates its force in ways that depends on the person's ways of expressing built-up anger.
He was a quiet person, a manager in some company, lost his job, became depressed, taking anti-depressants, isolated himself within the walls of his apartment, his comfort zone. He fell off the window in his block of flats, his body laid out for hours, before it was taken away, said the person I had this conversation with. Messed-up lives of individuals a result of the gambling games banks, entrepreneurs played in the pursuit of bigger and bigger profits on the back of our societies, a ghost of a growth that offers nothing for individuals in societies. A victim of the credit crunch.
What happened certainly would not be deemed worthy for public media to include in their broadcasts, exacerbated by the prerogative of for accuracy, cast as mere hearsay part of noise our bustling world creates every moment, but it makes no difference where it is coming from. As whoever receives it will evaluate its worthiness and use it to create or re-enforce meaning (ref) within itself, the meaning of, how out of touch monetizing societies are from the lives of individuals amidst them. The messed-up lives they are responsible for.
Anger has a force that could lead an individual to create new ways of thinking, new approaches in the affairs that have to deal with in their every day lives. It is creative
But that alternative is only open once an individual realises that they are not the last cog in the wheel, the insignificant part of an engine that is powerless to do anything, to effect any changes in their lives and the lives of all other people around them.
Individuals that feel their consciousness swamped by the plethora of messages that come through the mouths of politicians or other agents that speak out and express opinions out of their own standpoint only, a standpoint that expresses the values of the current societies which are wholeheartedly devoted to maintain the current status quo of the wealthy against the interests of all the rest of the individuals.
What politicians say worth nothing for the majority of the individuals in all societies. Societies are built to favour the few to the detriment of the many.
But that is not the case. Governments and states are precarious holders of power, as they are allowed to do so, and they are allowed to do so by the large body of individuals in societies, the real holders of power.
All governments and states they will run into gallops and opinion polls, at any moment, to assess what that large body of us thinks of any acts, political or whatever, they have in mind to follow.
But do we pass the right message to them? In the current states societies are, deeply divided in so many little groups, and so easily conquered? Driven by the incessant pursuit of the handful of money, that represent the crumbs they throw at our tables, if any one compares what the wealthy are putting into their coffers to what the rest of the individuals in societies get.
Even the whole concept of wealthy and poor is unreal, a construct devised to separate, to divide individuals in societies, messing-up the minds of individuals branding them as poor to their subsequent submission by the power-hungry members in societies.
Slumdog millionaire it says, hailed by them media, showered with oscars, its sole purpose being, to rekindle within the minds of individuals the thirst to become millionaires. Any one can become a millionaire, the film proclaims, even a slum dog from Delhi, feeding us with dreams, fallacies. Disgusted, useless, wretched values and while humanity deep in dreaming, the millionaire-dream-fallacy, they will have the chance to make more money out of them. More profits.
Vile are the politicians who utter these words: to assist the poor, the weak in our societies, because any one knows, that this is anything but. That instead they will devise the laws, or whatever comes into their minds, to suck up even more of their blood, for the benefit the wealthy.
Services and goods cost more, in corner shops, in power cards, in loans with loan sharks proper with 189.2% typical APRs hideous, vile operators with only sense left is amassing profits with no affront at all advertising it in their websites. The most disgusting aspect is that they feel at ease, societies not only tolerate but favours and nurtures them, the double talk of politicians and the monetizing rules that societies are plagued by.
The time is not far, that not just to expose how filthy they are, they are already exposed in the minds of people, but that would not even dare not simply say, but even to think or even dream of that profits are above and beyond the individual.
Saturday, 28 February 2009
Friday, 13 February 2009
'Corrupt assets' or 'toxic assets'?
Relevant thoughts
- Toxic assets…
- Let banks fail, says Nobel economist Joseph Stiglitz
- Toxic assets?
I read in the post Toxic assets…
I felt they should be called “corrupt assets”… Wikipedia defines “corruption” as…
~~~~ ” …Corruption, when applied as a technical term, is a general concept describing any organized, interdependent system in which part of the system is either not performing duties it was originally intended to, or performing them in an improper way, to the detriment of the system’s original purpose….” ~~~~
I find the approach correct and certainly the term 'corrupt assets' should be used instead of 'toxic assets', just an attempt to lull public opinion to accept the measures proposed, something along the lines, of what is meant by the phrase, .... to make the pill easier to swallow.
I will take it further that this crisis is not a hiccup of the system world economy but a much more fundamental issue, something intrinsic and inherent in global economies currently in force. Something equivalent to genetic.
They can not be anything else but corrupt or toxic, as their sole reason of their existence is the accumulation of assets, for individuals that already possess enormous assets. Beyond what real economies of real individuals require. The wealth out of the services and products, the world over, siphoned through the banks and all other economic institutions, its bulk filtered, into the pockets of this handful of individuals.
Money goes to money. In a few words corruption or even toxicity is and it will continue to be the end result of such economies. Stimulus or anything of the sort, a pure waste.
- Toxic assets…
- Let banks fail, says Nobel economist Joseph Stiglitz
- Toxic assets?
I read in the post Toxic assets…
I felt they should be called “corrupt assets”… Wikipedia defines “corruption” as…
~~~~ ” …Corruption, when applied as a technical term, is a general concept describing any organized, interdependent system in which part of the system is either not performing duties it was originally intended to, or performing them in an improper way, to the detriment of the system’s original purpose….” ~~~~
I find the approach correct and certainly the term 'corrupt assets' should be used instead of 'toxic assets', just an attempt to lull public opinion to accept the measures proposed, something along the lines, of what is meant by the phrase, .... to make the pill easier to swallow.
I will take it further that this crisis is not a hiccup of the system world economy but a much more fundamental issue, something intrinsic and inherent in global economies currently in force. Something equivalent to genetic.
They can not be anything else but corrupt or toxic, as their sole reason of their existence is the accumulation of assets, for individuals that already possess enormous assets. Beyond what real economies of real individuals require. The wealth out of the services and products, the world over, siphoned through the banks and all other economic institutions, its bulk filtered, into the pockets of this handful of individuals.
Money goes to money. In a few words corruption or even toxicity is and it will continue to be the end result of such economies. Stimulus or anything of the sort, a pure waste.
Wednesday, 11 February 2009
Toxic assets?
"... instead of an illiquid toxic asset."
... so toxic assets are illiquid? Can not be liquidated into hard cash? Can not be re-possessed? Regular payments are made but this is not what they want. They want to have the money the property worths right now, not later. But where did all the cash they had, went? It was swallowed by the entrepreneurs? They left no cash at all? Or even, being invested further into god knows what other instruments to make more money? To talk about greed is a commonality that offers nothing. But what can be said about, is the insipid feature of capitalism, its intrinsic tendency to grow big and devour all other competitors, says a lot. There is an insatiable hunger in accumulating more and more that adds nothing at all for the individuals in societies. Burgeoning corporations full of hot air, they were bound to deflate sooner or later.
And now what? Do they demand another round. They want to be rescued? What for? They are bound to follow exactly similar paths, their insatiable hunger for more and more profits, is genetic. Their Darwinian trait, their intelligible mark that guides their evolution. They can not get away from it.
Banks and similar corporations bear no trust, deserve nothing. Let them default.
... so toxic assets are illiquid? Can not be liquidated into hard cash? Can not be re-possessed? Regular payments are made but this is not what they want. They want to have the money the property worths right now, not later. But where did all the cash they had, went? It was swallowed by the entrepreneurs? They left no cash at all? Or even, being invested further into god knows what other instruments to make more money? To talk about greed is a commonality that offers nothing. But what can be said about, is the insipid feature of capitalism, its intrinsic tendency to grow big and devour all other competitors, says a lot. There is an insatiable hunger in accumulating more and more that adds nothing at all for the individuals in societies. Burgeoning corporations full of hot air, they were bound to deflate sooner or later.
And now what? Do they demand another round. They want to be rescued? What for? They are bound to follow exactly similar paths, their insatiable hunger for more and more profits, is genetic. Their Darwinian trait, their intelligible mark that guides their evolution. They can not get away from it.
Banks and similar corporations bear no trust, deserve nothing. Let them default.
Wednesday, 28 January 2009
Idolise Barack Obama? Most certainly not.
Idolise Barack Obama? Most certainly not.
It distracts, sways, hides in the minds of the people, where credit goes for his rise in the presidential seat. The American people who voted him to power.
The 'change' shout, that has been used during Barack Obama's election campaign, primarily reflects upon the changes that took place within each American individual, the paradigm shifts in societies, the masses of people that it takes to shift, in order for the behaviour to “tip” in a new direction. Barack Obama, being president nowadays, is that change in behaviour “tipped” to a new direction.
A mass of processes directly attributed to chaos's tenet of minute changes and sensitive dependence on initial conditions that brought about the avalanche that ushered Barack Obama to power. All the 'little' changes that have brought about the change in America, that the world bears witness.
But that is the beginning.
Barack Obama has to do battle with a well spread, deep rooted network of vested interests. The task is enormous the opponent formidable, ruthless, cunning, resourceful and more than anything extremely devious, to the utmost the concept can ever take.
They have a strong grip on mass media, a faithful servant to provide them with ample support, to dissuade and persuade people towards to and for the benefit of their own selfish, ulterior motives. The idolization of Barack Obama, their primary task that mass media are expected to pull, to bring down Barack Obama, the changes he represents, the change in America. One of their main weapons in their arsenal.
Barack Obama will definitely rely heavily on what fueled its rise to prominence. The people in America, along with the people worldwide. Whether he will survive such a task or not and prove himself worthy to the situations arising, the momentum built within the American people should not be lost.
As certainly his and the people's opponents will use underhanded methods to discredit Barack Obama, something that might have already started as they hide extremely well their underlying intentions. Quite a lot of people, even unaware play in their game. Or they are helpless to do otherwise as their livelihood depend on it, as they are tied up to their jobs providing, most of the times unwillingly, support to practices which most of the times turns out, to be against them
Barack Obama has to prove that has the strength to cut the ties of unscrupulous interests that plagued, held hostages, almost all the previous occupants of the presidential seat, republican or democrat alike, up to now. One of them, is the military, with its many facets, that for its growth and sustainance, wars are regularly invented throughout the globe, what most certainly fuels the hate among people throughout the world on everything that is taken to represent America. Wrongly directed towards the American people instead of the culprits who hide cowardly behind them, hideously perpetrating illusions that amount to nightmares.
He has the backing of the majority of the american people and he should not fret, he should stand tall.
Further, Barack Obama should never forget that what really matters in his stint in the presidency is not the economy, foreign affairs, or other offshoot of his office but the people in America and there his task is double. First he should consolidate the changes effected in the minds of the people, whatever has been gained so far and second to take them a notch further. To increase that euphoric feeling that embraces all Americans now.
Adhering to thoughts expressed in these posts
- Paradigm Shift: Changing the Human Experience
- Mundane approaches and paradigm shifts in societies
- Stimulate the economy? Better curb it, ostracise it. The system economy has met its boundaries.
- Barack Obama pledges to restore 1,500,000 jobs lost by the credit crunch. Should not.
It distracts, sways, hides in the minds of the people, where credit goes for his rise in the presidential seat. The American people who voted him to power.
The 'change' shout, that has been used during Barack Obama's election campaign, primarily reflects upon the changes that took place within each American individual, the paradigm shifts in societies, the masses of people that it takes to shift, in order for the behaviour to “tip” in a new direction. Barack Obama, being president nowadays, is that change in behaviour “tipped” to a new direction.
A mass of processes directly attributed to chaos's tenet of minute changes and sensitive dependence on initial conditions that brought about the avalanche that ushered Barack Obama to power. All the 'little' changes that have brought about the change in America, that the world bears witness.
But that is the beginning.
Barack Obama has to do battle with a well spread, deep rooted network of vested interests. The task is enormous the opponent formidable, ruthless, cunning, resourceful and more than anything extremely devious, to the utmost the concept can ever take.
They have a strong grip on mass media, a faithful servant to provide them with ample support, to dissuade and persuade people towards to and for the benefit of their own selfish, ulterior motives. The idolization of Barack Obama, their primary task that mass media are expected to pull, to bring down Barack Obama, the changes he represents, the change in America. One of their main weapons in their arsenal.
Barack Obama will definitely rely heavily on what fueled its rise to prominence. The people in America, along with the people worldwide. Whether he will survive such a task or not and prove himself worthy to the situations arising, the momentum built within the American people should not be lost.
As certainly his and the people's opponents will use underhanded methods to discredit Barack Obama, something that might have already started as they hide extremely well their underlying intentions. Quite a lot of people, even unaware play in their game. Or they are helpless to do otherwise as their livelihood depend on it, as they are tied up to their jobs providing, most of the times unwillingly, support to practices which most of the times turns out, to be against them
Barack Obama has to prove that has the strength to cut the ties of unscrupulous interests that plagued, held hostages, almost all the previous occupants of the presidential seat, republican or democrat alike, up to now. One of them, is the military, with its many facets, that for its growth and sustainance, wars are regularly invented throughout the globe, what most certainly fuels the hate among people throughout the world on everything that is taken to represent America. Wrongly directed towards the American people instead of the culprits who hide cowardly behind them, hideously perpetrating illusions that amount to nightmares.
He has the backing of the majority of the american people and he should not fret, he should stand tall.
Further, Barack Obama should never forget that what really matters in his stint in the presidency is not the economy, foreign affairs, or other offshoot of his office but the people in America and there his task is double. First he should consolidate the changes effected in the minds of the people, whatever has been gained so far and second to take them a notch further. To increase that euphoric feeling that embraces all Americans now.
Adhering to thoughts expressed in these posts
- Paradigm Shift: Changing the Human Experience
- Mundane approaches and paradigm shifts in societies
- Stimulate the economy? Better curb it, ostracise it. The system economy has met its boundaries.
- Barack Obama pledges to restore 1,500,000 jobs lost by the credit crunch. Should not.
Thursday, 8 January 2009
Stimulate the economy? Better curb it, ostracise it. The system economy has met its boundaries.
"It's just not that easy to figure out how to stimulate an economy in this condition,"
Stimulate the economy? Better curb it, ostracise it. You can not patch a system that met its boundaries, as witnessed by referring it as being in 'this condition'. That has so many holes.
And that is what someone does, trying to find solutions within the system. You need to go out of the system
Keep what it's worth, the 'goods' and the 'services' and scrap everything else. What, to create jobs, for the sole reason to maintain (or increase) a wasteful manic consumption, as the article declares
"... needs Americans to spend, spend, spend, and not to save."
which, as everybody knows, all these money, will find their way into deep fat pockets.
Use instead people dedicated and willing to furnish 'goods' and provide 'services'. The intrinsic value of 'goods' and 'services' stripped bare from the crutches of money, become paramount.
Their production, dispatch, distribution disengaged from the money medium, and become gradually available to all.
Scrap money.
Stimulate the economy? Better curb it, ostracise it. You can not patch a system that met its boundaries, as witnessed by referring it as being in 'this condition'. That has so many holes.
And that is what someone does, trying to find solutions within the system. You need to go out of the system
Keep what it's worth, the 'goods' and the 'services' and scrap everything else. What, to create jobs, for the sole reason to maintain (or increase) a wasteful manic consumption, as the article declares
"... needs Americans to spend, spend, spend, and not to save."
which, as everybody knows, all these money, will find their way into deep fat pockets.
Use instead people dedicated and willing to furnish 'goods' and provide 'services'. The intrinsic value of 'goods' and 'services' stripped bare from the crutches of money, become paramount.
Their production, dispatch, distribution disengaged from the money medium, and become gradually available to all.
Scrap money.
Thursday, 18 December 2008
Markets were, they are and continue to be in the grip of speculators. The sooner they fall, the better for humanity.
I read in the article 'World stocks down amid fears of deep recession', in yahoo.news
"World stocks fell sharply Thursday as fears of a deep global recession gripped markets and sent oil prices below $50 a barrel to levels not seen in more than three years."
How on earth could someone interpret that quote? A deep global recession gripped the markets. Markets in turmoil. Oil prices below $50 a barrel.
Right away, certainly by isolating these phrases, the meaning they carry, from the whole that represents global recession, recession experienced in many different ways the world over, who benefits from such a development? Oil prices below $50 a barrel, millions of motorists, to say the least, will take a breather from the recent onslaught of high prices in forecourts. I quote
"Oil prices have fallen 66 percent since reaching a record $147.27 a barrel in mid-July."
High prices thanks to what, in mid-July? Thanks to who? The much dreaded fall in oil reserves? Finite resources which are constantly depleted and can not be replaced, renewed?
None of the sort. Speculation has driven oil prices to soar. And oil-producing countries, a long-drawn euphemism here, which hides greedy individuals, out for the chance of a quick profit, despite the desperate pleading of governments and states to cut oil-production, they either sustained or increased output. And now that the crude oil prices are low, as this video announces, OPEC cuts oil output.
Despite any meaning given for the words 'speculators' and 'investors', in any dictionary, the meaning that makes sense, the meaning that is worthy, is the meaning carried in the minds of people, and that meaning yells that there is no difference between speculators and investors. It is a mask that you wear, which you easily replace with one another.
Lamenting about the 'poor' world stock markets, the wretches that call themselves human individuals, the speculators cum investors or vice versa, that their debased, spiteful, sordid perspective adapted, short of the standards befitting humans, fades away, to the remotest corners of their minds, virtually into oblivion, the wants and needs of human individual, humanity itself.
Cloud the minds of people, forcing their perspective upon them.
I would take further the conclusion reached by the author of the post 'Speculators are not "Investors"'
"Let the speculative "instruments" die so that our society can rediscover an economics founded on fundamentals that benefit real people."
Markets were, they are and continue to be in the grip of speculators. The sooner they fall, the better for humanity.
"World stocks fell sharply Thursday as fears of a deep global recession gripped markets and sent oil prices below $50 a barrel to levels not seen in more than three years."
How on earth could someone interpret that quote? A deep global recession gripped the markets. Markets in turmoil. Oil prices below $50 a barrel.
Right away, certainly by isolating these phrases, the meaning they carry, from the whole that represents global recession, recession experienced in many different ways the world over, who benefits from such a development? Oil prices below $50 a barrel, millions of motorists, to say the least, will take a breather from the recent onslaught of high prices in forecourts. I quote
"Oil prices have fallen 66 percent since reaching a record $147.27 a barrel in mid-July."
High prices thanks to what, in mid-July? Thanks to who? The much dreaded fall in oil reserves? Finite resources which are constantly depleted and can not be replaced, renewed?
None of the sort. Speculation has driven oil prices to soar. And oil-producing countries, a long-drawn euphemism here, which hides greedy individuals, out for the chance of a quick profit, despite the desperate pleading of governments and states to cut oil-production, they either sustained or increased output. And now that the crude oil prices are low, as this video announces, OPEC cuts oil output.
Despite any meaning given for the words 'speculators' and 'investors', in any dictionary, the meaning that makes sense, the meaning that is worthy, is the meaning carried in the minds of people, and that meaning yells that there is no difference between speculators and investors. It is a mask that you wear, which you easily replace with one another.
Lamenting about the 'poor' world stock markets, the wretches that call themselves human individuals, the speculators cum investors or vice versa, that their debased, spiteful, sordid perspective adapted, short of the standards befitting humans, fades away, to the remotest corners of their minds, virtually into oblivion, the wants and needs of human individual, humanity itself.
Cloud the minds of people, forcing their perspective upon them.
I would take further the conclusion reached by the author of the post 'Speculators are not "Investors"'
"Let the speculative "instruments" die so that our society can rediscover an economics founded on fundamentals that benefit real people."
Markets were, they are and continue to be in the grip of speculators. The sooner they fall, the better for humanity.
Tuesday, 11 November 2008
Inferences drawn by human individuals and bias built-in in perspective.
The abstract for the paper 'FROM SIMPLE ASSOCIATIONS TO SYSTEMATIC REASONING: A Connectionist representation of rules, variables, and dynamic bindings using temporal synchrony', which currently depicts the mode, I want to put my mind into, to go through the article 'World stocks down amid fears of deep recession', in yahoo.news. It followed up the technorati link Tag Page for: speculators that brought me into the post 'Speculators are not "Investors"' and the aforementioned article in yahoo.news.
"Abstract: Human agents draw a variety of inferences effortlessly, spontaneously, and with remarkable efficiency — as though these inferences are a reflex response of their cognitive apparatus. Furthermore, these inferences are drawn with reference to a large body of background knowledge. This remarkable human ability seems paradoxical given the results about the complexity of reasoning reported by researchers in artificial intelligence. It also poses a challenge for cognitive science and computational neuroscience: How can a system of simple and slow neuron-like elements represent a large body of systematic knowledge and perform a range of inferences with such speed? We describe a computational model that is a step toward addressing the cognitive science challenge and resolving the artificial intelligence paradox. We show how a connectionist network can encode millions of facts and rules involving n-ary predicates and variables, and perform a class of inferences in a few hundred msec. Efficient reasoning requires the rapid representation and propagation of dynamic bindings. Our model achieves this by i) representing dynamic bindings as the synchronous firing of appropriate nodes, ii) rules as interconnection patterns."
I want to use that ability of, as myself, a human agent, to draw and extract a variety of inferences out of the available body of background knowledge, but guided by my own unique perspective, unique defined as myself, as any other individual, I am a single unit.
The inferences derived by the author of the post
"If the "instruments" traded on Wall Street have no connection to a tangible economy, then what are they "investing" in? They aren't "investors," they are "speculators" in the worst sense of the term.
Let the speculative "instruments" die so that our society can rediscover an economics founded on fundamentals that benefit real people, not just the cuff-linked and spangled elite. There will be pain in the short run, but that sacrifice will build our character as a nation."
providing the co-ordinates of my perspective.
Relevant to perspective adhered, by any human agent, is that quote from the New Scientist, 24 June 2000, No 2244, article 'Wired like a human', page 11
"When the researchers tested the circuit, they found it processed information much like the brain. In particular, when multiple signals were fed in, the inhibitory neuron suppressed the weaker signals. This is akin to "sensory attention" that occurs, say, when you focus on an object, and everything else fades into the background."
Human agents assume that stance, in everything that deal with in life.
"Abstract: Human agents draw a variety of inferences effortlessly, spontaneously, and with remarkable efficiency — as though these inferences are a reflex response of their cognitive apparatus. Furthermore, these inferences are drawn with reference to a large body of background knowledge. This remarkable human ability seems paradoxical given the results about the complexity of reasoning reported by researchers in artificial intelligence. It also poses a challenge for cognitive science and computational neuroscience: How can a system of simple and slow neuron-like elements represent a large body of systematic knowledge and perform a range of inferences with such speed? We describe a computational model that is a step toward addressing the cognitive science challenge and resolving the artificial intelligence paradox. We show how a connectionist network can encode millions of facts and rules involving n-ary predicates and variables, and perform a class of inferences in a few hundred msec. Efficient reasoning requires the rapid representation and propagation of dynamic bindings. Our model achieves this by i) representing dynamic bindings as the synchronous firing of appropriate nodes, ii) rules as interconnection patterns."
I want to use that ability of, as myself, a human agent, to draw and extract a variety of inferences out of the available body of background knowledge, but guided by my own unique perspective, unique defined as myself, as any other individual, I am a single unit.
The inferences derived by the author of the post
"If the "instruments" traded on Wall Street have no connection to a tangible economy, then what are they "investing" in? They aren't "investors," they are "speculators" in the worst sense of the term.
Let the speculative "instruments" die so that our society can rediscover an economics founded on fundamentals that benefit real people, not just the cuff-linked and spangled elite. There will be pain in the short run, but that sacrifice will build our character as a nation."
providing the co-ordinates of my perspective.
Relevant to perspective adhered, by any human agent, is that quote from the New Scientist, 24 June 2000, No 2244, article 'Wired like a human', page 11
"When the researchers tested the circuit, they found it processed information much like the brain. In particular, when multiple signals were fed in, the inhibitory neuron suppressed the weaker signals. This is akin to "sensory attention" that occurs, say, when you focus on an object, and everything else fades into the background."
Human agents assume that stance, in everything that deal with in life.
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