I would like issue a challenge to the President of the United States:
I have a better plan than the one President Obama's team is implementing and what I am wondering is:
How many bailouts will it take before you and the rest of the people who are trying to "rescue" the economy come to the realization that these bailouts are not going to work and start implementing my plan?
The Banks are on the hook for more than 11 Trillion dollars in losses. You can base this on their 10-30 times leverage in owning mortgages that vary from being worth cents on the dollar to being worth at best 60 cents on the dollar.
Their aggregate market cap is about 2 trillion dollars.
Implementing a PPIP plan of allowing privileged and wealthy institutions to use a public backstop to restart the Collateralize debt Mortgage market is wrong. It will spur more speculation and when you have speculation you end up having the few profiting from the misfortune of the multitude which is in a way against your socialist ideals provided that what your critics say about you is true and indeed you believe in socialism.
The only thing being socialized here is the risk and the losses. The potential profits far outweigh the risk when the US treasury is backstopping as much as 84% of possible losses and the private institutions only ending risking 7%.
This is 14 to 1 leverage using tax payer money. At least the banks went haywire and levered up their own balance sheets before destroying them with their 10-30 times leverage.
And now the banks paid back the TARP handouts which they did not use to recapitalize in order to lend and spur business growth and much needed help to families.
The banks used the money to speculate on their stock prices and the proof is in the pudding: one of the biggest short term rallies % wise in History.
Once banks paid back the TARP, the rally fizzled but they had already increased their stock prices enough to issue secondaries.
I believe this was the intent of the TARP even though it was not explicitly stated to the tax paying public.
If the TARP was actually used to lend money at the 10-1 fractional reserve rate then you would have seen business growth and jobs growth slow down or completely halt job losses.
The job losses have somewhat decelerated but are still piling on and will end up adding about 6 million additional lost jobs before it's all said and done, triggering a depression when using the prior to 1992 unemployment government labor statistic known as U6.
You want to save 4 million jobs and actually grow some jobs or do you want to recapitalize the banks so they can save their hide?
You cannot do both. You need more than 10 trillion to give to the banks so their worth can go from severely negative to zero. Then you will need another trillion given to them to start lending again.
You have been told if we let the banks fail, this will trigger a meltdown in the financial system that will end up in another Great depression or worse.
If you have 11 trillion to give to the banks, then I say go ahead and try this wrongheaded move and see where it takes us.
Before you even reach the 11 trillion needed by the banks, the treasury buying world will run out of money.
This will trigger a crisis and stop our ability of rolling over our debt which implies utter disaster since then you will truly be forced to monetize the debt Zimbabwe style and the dollar will lose most if not all its value.
The Federal Reserve is using the US Treasury to issue Treasury promissory notes. There are not enough buyers leaving Fed as the buyer of last resort of most of these notes.
This is absurd. It is akin to having a company "raise" money by issuing debt and turning around and being the majority buyer of its own debt.
We chastise banks for having created this mess by their use of leverage but do you realize that the Fed, based on their statement that their actual capitalization of 40 Billion dollars is true, is in fact currently levered at almost 50 to 1.
This is insanity. 50-1 leverage ratio is insolvency.
Therefore, Mr President. If you would like to actually prevent the eventual collapse without destroying the US dollar this is what must be done:
1) Create a National Bank and capitalize it with 1 Trillion dollars which turns into 10 Trillion of lending by this bank to consumers and businesses and when they take this money and deposit it in other banks that are not insolvent, the money is
lent out again and up to 74 trillion dollars is created to restart the economy.
If this is too much money supply then limit the amount created.
2) Let all insolvent banks fail and use their infrastructure as part of the new National Bank.
3) After the economy recovers, allow the bank to go public as multiple separate entities and pay back the tax paying public, therefor solving all our problems while averting both a Great Depression style deflation spiral and hyperinflation.
The only question left is: do you have what it takes to implement this plan knowing full well that most of the banks getting the bailout make up about 90% of the Federal Reserve's voting power and ownership?
Sunday, July 12, 2009
Monday, April 27, 2009
Is "Swine flu" a natural or lab created viral mutation?
Swine flu fever has struck all forms of media seemingly overnight at a rate faster than the far deadlier bird flu.
Could it be due to the outbreak epicenter's proximity to the United States or is there something more sinister at play?
Are we looking at a natural mutation(H1N1) made up of a three headed combination of swine, bird(H5N1) and human based flu variants?
Is this scientifically possible without expert manipulation by biologists?
Where is all the expert scientific testimony to the possibility of the mutation of a virus that has 3 different strains from humans, birds and pigs?
So far this is an overwhelming majority of sensationalism and fear mongering by the media as opposed to interviews with experts who can provide more details as to the plausibility of such a virus without artificial lab based manipulation of three different virus strains.
What could raise suspicion to the veracity of the "natural" origin of Swine flu is the recollection of the original 1976 outbreak having "coincidentally" taken place a a US military base.
" The episode began in February 1976, when an Army recruit at Ft. Dix, N.J., fell ill and died from a swine flu virus thought to be similar to the 1918 strain. Several other soldiers at the base also became ill. Shortly thereafter, Wenzel and his colleagues reported two cases of the flu strain in Virginia.
"That raised the concern that the original cluster at Ft. Dix had spread beyond New Jersey," said Wenzel, former president of the International Society for Infectious Diseases. "
source:
www.latimes.com/features/health/la-sci-swine-history27-2009apr27,0,967115.story
As the morning female CNN anchor smirks in announcing that this is the first Health crisis for newly elected President Obama, one cannot help but wonder why hasn't a major media outlet like CNN even mentioned the original 1976 epicenter of Swine flu?
They've had more than 48 hrs to follow up on this issue and so far Major television media remains silent about this. Is this due to a lack of available reports on the weekend?
( Updated, at 8:33 EST CNN finally mentions Fort Dix outbreak of 1976 in a 5 second sound byte. Don't you think that a more fleshed out news piece on the 1976 Fort Dix outbreak would be of interest?)
This is suspicious to say the least.
More angles on this developing story as time permits.
Could it be due to the outbreak epicenter's proximity to the United States or is there something more sinister at play?
Are we looking at a natural mutation(H1N1) made up of a three headed combination of swine, bird(H5N1) and human based flu variants?
Is this scientifically possible without expert manipulation by biologists?
Where is all the expert scientific testimony to the possibility of the mutation of a virus that has 3 different strains from humans, birds and pigs?
So far this is an overwhelming majority of sensationalism and fear mongering by the media as opposed to interviews with experts who can provide more details as to the plausibility of such a virus without artificial lab based manipulation of three different virus strains.
What could raise suspicion to the veracity of the "natural" origin of Swine flu is the recollection of the original 1976 outbreak having "coincidentally" taken place a a US military base.
" The episode began in February 1976, when an Army recruit at Ft. Dix, N.J., fell ill and died from a swine flu virus thought to be similar to the 1918 strain. Several other soldiers at the base also became ill. Shortly thereafter, Wenzel and his colleagues reported two cases of the flu strain in Virginia.
"That raised the concern that the original cluster at Ft. Dix had spread beyond New Jersey," said Wenzel, former president of the International Society for Infectious Diseases. "
source:
www.latimes.com/features/health/la-sci-swine-history27-2009apr27,0,967115.story
As the morning female CNN anchor smirks in announcing that this is the first Health crisis for newly elected President Obama, one cannot help but wonder why hasn't a major media outlet like CNN even mentioned the original 1976 epicenter of Swine flu?
They've had more than 48 hrs to follow up on this issue and so far Major television media remains silent about this. Is this due to a lack of available reports on the weekend?
( Updated, at 8:33 EST CNN finally mentions Fort Dix outbreak of 1976 in a 5 second sound byte. Don't you think that a more fleshed out news piece on the 1976 Fort Dix outbreak would be of interest?)
This is suspicious to say the least.
More angles on this developing story as time permits.
Tuesday, April 21, 2009
Goldman Sachs SPG Manipulation: The Proof is in the Price
Quick update:
There's no point in going over why it is the case but all Goldman Sachs near options expiration pumps seem to free fall the week after, further adding to the artificial nature of the stock moves
SPG is currently some 8$ or 17% down from Friday's highs and below the Goldman Sachs conviction buy list buy in and price targets.
Just another in a long list of stocks that Goldman Sachs needed to unload on unsuspecting investors and traders.
Having most likely gone short the same stocks they were pumping the last few weeks, is it any wonder that the market news and outlook went gloomy all of the sudden yesterday?
If Goldman Sachs and cronies covered enough shorts yesterday and went long, any guess as to what the end of day results would be at the casino?
We are already opening at the lows and going up.
There's no point in going over why it is the case but all Goldman Sachs near options expiration pumps seem to free fall the week after, further adding to the artificial nature of the stock moves
SPG is currently some 8$ or 17% down from Friday's highs and below the Goldman Sachs conviction buy list buy in and price targets.
Just another in a long list of stocks that Goldman Sachs needed to unload on unsuspecting investors and traders.
Having most likely gone short the same stocks they were pumping the last few weeks, is it any wonder that the market news and outlook went gloomy all of the sudden yesterday?
If Goldman Sachs and cronies covered enough shorts yesterday and went long, any guess as to what the end of day results would be at the casino?
We are already opening at the lows and going up.
Friday, April 17, 2009
Goldman Sachs and Thursday's trading activity in SPG
It looks like Goldman Sachs is back up to their old tricks again.
Anybody that saw today's noon onward monster ramp up in the price of Simon Properties Group(SPG) has to be wondering what was going on especially after the previous day's continuous upward move.
Shorts trying to cover in the face over Great news?
Let's have a closer look:
After the 2nd largest Mall owner General Growth Properties Inc. filed the biggest REIT bankruptcy ever, their competitor SPG opened near the lows of the day and did not do much for a couple of hours until seemingly out of nowhere or based on a programed trade, it staged a unrelenting upward move that left short term technical reading such as the RSI, slow and fast stochastic all at the highest overbought readings possible of 100 for over 3 hrs!
The spike looked very suspicious since it did not abate until a few minutes before the end of the day almost reaching the 50 options strike range after starting the day closer to the 40.
Could this have been a case of bullishness based on the idea that SPG can now pick up GGP property on the cheap?
If this thesis was the case for the massive upward mid day move in SPG, it turned out to be a false one after Hedge Fund manager Bill Ackman emphatically stated the following:
"Ackman Sees ‘Zero’ Chance of General Growth Fire Sale"
“The probability of Simon (Property Group Inc.) or the other mall REITs buying any of General Growth’s properties on the cheap is zero,” Ackman said in a telephone interview. General Growth is “not going to be forced to do anything because they’re in bankruptcy.”
Link -
http://www.bloomberg.com/apps/news?pid=20601087&sid=az8WlkQ_Qgrs&refer=home
Surely Goldman Sachs and their gang wasn't trying to stick it to this Blogger for mentioning the history of their recommendations and conviction buy list yesterday where SPG happens to be the latest addition.
Could it be Goldman's way of sticking it to anyone who's had posts linked to the blog site they're suing www.GoldmanSachs666.com ?
Lowly blogger conspiracy theories aside(cough, cough)
what could it have been?
BearishNews.com has an idea:
"Yesterday Goldman Sachs added Simon to their Conviction Buy List with a target of $46. This rec came exactly 3 weeks after Goldman, UBS, and Deutsche Bank completed a big offering equity/debt offering for Simon. GS held $177 million worth of SPG as of 12/31/08. RREFF America LLC , a subsidiary of Deutsche Bank, held $330 million.
The basic gameplan for a investment bank bank like Goldman might look something like this:
1. Borrow dirt-cheap money from the Fed
2. Loan that money to risky commercial real-estate companies by underwriting juicy offerings (10.35% for the Simon debt, equity was ~8% discount to current price).
3. Collect fees from client(s), plus interest from the spread on the debt. If there’s not enough demand for the stock, keep it yourself, then proceed to steps 4 and 5.
4. Research dept adds stock to Conviction Buy List
5. (This step seems the least likely, but it’s possible.) If GS traders and Quant-funds were to brutally squeeze the stock higher, that would be icing on the cake for the whole deal, hypothetically. What’s to stand in the way? Dennis Gartman and a few dozen retail investors?
Sounds very profitable, and pretty foolproof to me. Unless, of course, the SEC gets involved like they did in 2003. That incident resulted in $110 million in fines for GS." Here are some excerpts:
The Complaint also alleges that Goldman Sachs published exaggerated or unwarranted research and failed to maintain appropriate supervision over its research and investment banking operations.
Goldman Sachs “aligned” its research, equities, and investment banking divisions to work collaboratively in order to fully leverage its limited research resources.
Goldman Sachs failed to establish and maintain adequate policies, systems, and procedures reasonably designed to ensure the objectivity of its published research."
Link to the Full details at - http://www.bearishnews.com/post/349
What?
Goldman Sachs?
Manipulation?
Surely you must been joking!
And the sound of a RICO beat goes on.....
Anybody that saw today's noon onward monster ramp up in the price of Simon Properties Group(SPG) has to be wondering what was going on especially after the previous day's continuous upward move.
Shorts trying to cover in the face over Great news?
Let's have a closer look:
After the 2nd largest Mall owner General Growth Properties Inc. filed the biggest REIT bankruptcy ever, their competitor SPG opened near the lows of the day and did not do much for a couple of hours until seemingly out of nowhere or based on a programed trade, it staged a unrelenting upward move that left short term technical reading such as the RSI, slow and fast stochastic all at the highest overbought readings possible of 100 for over 3 hrs!
The spike looked very suspicious since it did not abate until a few minutes before the end of the day almost reaching the 50 options strike range after starting the day closer to the 40.
Could this have been a case of bullishness based on the idea that SPG can now pick up GGP property on the cheap?
If this thesis was the case for the massive upward mid day move in SPG, it turned out to be a false one after Hedge Fund manager Bill Ackman emphatically stated the following:
"Ackman Sees ‘Zero’ Chance of General Growth Fire Sale"
“The probability of Simon (Property Group Inc.) or the other mall REITs buying any of General Growth’s properties on the cheap is zero,” Ackman said in a telephone interview. General Growth is “not going to be forced to do anything because they’re in bankruptcy.”
Link -
http://www.bloomberg.com/apps/news?pid=20601087&sid=az8WlkQ_Qgrs&refer=home
Surely Goldman Sachs and their gang wasn't trying to stick it to this Blogger for mentioning the history of their recommendations and conviction buy list yesterday where SPG happens to be the latest addition.
Could it be Goldman's way of sticking it to anyone who's had posts linked to the blog site they're suing www.GoldmanSachs666.com ?
Lowly blogger conspiracy theories aside(cough, cough)
what could it have been?
BearishNews.com has an idea:
"Yesterday Goldman Sachs added Simon to their Conviction Buy List with a target of $46. This rec came exactly 3 weeks after Goldman, UBS, and Deutsche Bank completed a big offering equity/debt offering for Simon. GS held $177 million worth of SPG as of 12/31/08. RREFF America LLC , a subsidiary of Deutsche Bank, held $330 million.
The basic gameplan for a investment bank bank like Goldman might look something like this:
1. Borrow dirt-cheap money from the Fed
2. Loan that money to risky commercial real-estate companies by underwriting juicy offerings (10.35% for the Simon debt, equity was ~8% discount to current price).
3. Collect fees from client(s), plus interest from the spread on the debt. If there’s not enough demand for the stock, keep it yourself, then proceed to steps 4 and 5.
4. Research dept adds stock to Conviction Buy List
5. (This step seems the least likely, but it’s possible.) If GS traders and Quant-funds were to brutally squeeze the stock higher, that would be icing on the cake for the whole deal, hypothetically. What’s to stand in the way? Dennis Gartman and a few dozen retail investors?
Sounds very profitable, and pretty foolproof to me. Unless, of course, the SEC gets involved like they did in 2003. That incident resulted in $110 million in fines for GS." Here are some excerpts:
The Complaint also alleges that Goldman Sachs published exaggerated or unwarranted research and failed to maintain appropriate supervision over its research and investment banking operations.
Goldman Sachs “aligned” its research, equities, and investment banking divisions to work collaboratively in order to fully leverage its limited research resources.
Goldman Sachs failed to establish and maintain adequate policies, systems, and procedures reasonably designed to ensure the objectivity of its published research."
Link to the Full details at - http://www.bearishnews.com/post/349
What?
Goldman Sachs?
Manipulation?
Surely you must been joking!
And the sound of a RICO beat goes on.....
Thursday, April 16, 2009
Why are Goldman Sachs recommendations wrong so often?
Last year,
In the midst of possibly the biggest commodities bubble in history, Goldman Sachs forecast $200 crude in the not too distant future.
http://www.marketwatch.com/news/story/goldman-sachs-raises-possibility-200/story.aspx?guid={4B702F7F-41F8-45F0-A133-630F12F2C764}
Then before the end of the year, they went the other way stating it's headed to $25
http://www.financialexpress.com/news/oil-price-heading-towards-2530-a-barrel/398340/
Well, oil did not end up hitting either level but what it did do was crash not long after Goldman's $200 call and bottomed not long after Goldman's $25 call.
So if you had taken Goldman's advice, you would have been headed towards the poor house if not outright insolvency.
Just ask the now Bankrupt Semgroup who might have been victim to a short squeeze against their short oil position by Goldman Sachs' traders.
"Goldman’s commodities oil-trading desk has been linked to the failure of Semgroup Holdings, an oil-trading company in Tulsa, Okla., that declared bankruptcy in July 2008. Semgroup investors say Goldman had access to the company’s trading books and could have used that information against the company, according to Forbes."
source - http://www.marketwatch.com/news/story/goldman-sachs-bailout-bonanza/story.aspx?guid={504CB844-C558-4E40-B928-80C16DECBC05}&print=true&dist=printMidSection"
A Goldman subsidiary who held physical oil for Semgroup refused to release the oil in order for Semgroup to use it to cover a margin call prior to their collapse.
When Katrina hit in 2005 and oil spike to around $80, Goldman forecast $150 oil. What did oil do? it promptly almost sold in half.
There is a mounting pile of evidence that Goldman takes the other side of many of their recommendations.
That politically correct wording for this dishonest is "counter party" to hedge funds, other banks, mutual funds and small investors alike.
After Bear Stearns collapsed last year, it was revealed last year that Goldman side stepped the collapse by being short many of the destined to be toxic securities that they created and sold to every institution that wanted to buy them.
This means in effect that they created a product they knew was going to be worthless and sold it twice.
Here are some charred remains of some of Goldman's top recommendation, what they term as their conviction buy list:
Apple at $181 on its way down to $80.
Electronic Arts at $49 on its way down to $14
Royal Caribbean cruises at $35 on its way down to $6
Amazon at $82 on its way down to $35.
State Street at $68 on its way down to $14.
United States Steel at $191 on its way down to $17
Most of these stocks have rebounded from their lows and Amazon is almost back at its Goldman recommendation but that did not help the people that were pushed out of the stock at much lower prices due to fear of losing everything or margin calls.
Yesterday, Goldman Sachs added a Simon Properties group(SPG) to their conviction buy list, prompting a short squeeze in the stock that accelerated and made shorts cover by the millions between 3 and 4 pm.
http://www.streetinsider.com/Analyst+Comments/Goldman+Sachs+Added+Simon+Properties+(SPG)+to+its+Conviction+Buy+List/4562343.html
Today we find out that SPG's industry peer General Growth Properties has filed for chapter 11 bankruptcy protection, which may cause selling pressure on the sector today.
"General Growth Properties Inc., the nation's second-largest mall operator, filed for Chapter 11 bankruptcy protection early Thursday after it failed to persuade a majority of its debt holders to give it more time to refinance billions of dollars in debt racked up during the housing boom."
http://finance.yahoo.com/news/Mall-operator-files-for-apf-14942836.html
It does not take much to connect the dots and surmise that Goldman Sachs knew that General Growth was about to file for bankruptcy since they are intimately connected to the inner circle of General Growth's debt holders if not one of them.
How's that for arrogance on Goldman's part?
Caveat emptor is the kindest thing to say of Goldman's recommendations.
Running the other way might be more prudent and for the bold traders out there, selling short what Goldman is selling usually leads to more profits than losing 50-80% buying their recommendations.
I had the sneaky suspicion that Goldman was up to something and looking to dump and the news today proved my suspicion to be true.
It is surprising that the media and the rest of the players on Wall Street continue to turn a blind eye to the constant dishonest manipulation committed by the supposed best traders on Wall Street.
In the midst of possibly the biggest commodities bubble in history, Goldman Sachs forecast $200 crude in the not too distant future.
http://www.marketwatch.com/news/story/goldman-sachs-raises-possibility-200/story.aspx?guid={4B702F7F-41F8-45F0-A133-630F12F2C764}
Then before the end of the year, they went the other way stating it's headed to $25
http://www.financialexpress.com/news/oil-price-heading-towards-2530-a-barrel/398340/
Well, oil did not end up hitting either level but what it did do was crash not long after Goldman's $200 call and bottomed not long after Goldman's $25 call.
So if you had taken Goldman's advice, you would have been headed towards the poor house if not outright insolvency.
Just ask the now Bankrupt Semgroup who might have been victim to a short squeeze against their short oil position by Goldman Sachs' traders.
"Goldman’s commodities oil-trading desk has been linked to the failure of Semgroup Holdings, an oil-trading company in Tulsa, Okla., that declared bankruptcy in July 2008. Semgroup investors say Goldman had access to the company’s trading books and could have used that information against the company, according to Forbes."
source - http://www.marketwatch.com/news/story/goldman-sachs-bailout-bonanza/story.aspx?guid={504CB844-C558-4E40-B928-80C16DECBC05}&print=true&dist=printMidSection"
A Goldman subsidiary who held physical oil for Semgroup refused to release the oil in order for Semgroup to use it to cover a margin call prior to their collapse.
When Katrina hit in 2005 and oil spike to around $80, Goldman forecast $150 oil. What did oil do? it promptly almost sold in half.
There is a mounting pile of evidence that Goldman takes the other side of many of their recommendations.
That politically correct wording for this dishonest is "counter party" to hedge funds, other banks, mutual funds and small investors alike.
After Bear Stearns collapsed last year, it was revealed last year that Goldman side stepped the collapse by being short many of the destined to be toxic securities that they created and sold to every institution that wanted to buy them.
This means in effect that they created a product they knew was going to be worthless and sold it twice.
Here are some charred remains of some of Goldman's top recommendation, what they term as their conviction buy list:
Apple at $181 on its way down to $80.
Electronic Arts at $49 on its way down to $14
Royal Caribbean cruises at $35 on its way down to $6
Amazon at $82 on its way down to $35.
State Street at $68 on its way down to $14.
United States Steel at $191 on its way down to $17
Most of these stocks have rebounded from their lows and Amazon is almost back at its Goldman recommendation but that did not help the people that were pushed out of the stock at much lower prices due to fear of losing everything or margin calls.
Yesterday, Goldman Sachs added a Simon Properties group(SPG) to their conviction buy list, prompting a short squeeze in the stock that accelerated and made shorts cover by the millions between 3 and 4 pm.
http://www.streetinsider.com/Analyst+Comments/Goldman+Sachs+Added+Simon+Properties+(SPG)+to+its+Conviction+Buy+List/4562343.html
Today we find out that SPG's industry peer General Growth Properties has filed for chapter 11 bankruptcy protection, which may cause selling pressure on the sector today.
"General Growth Properties Inc., the nation's second-largest mall operator, filed for Chapter 11 bankruptcy protection early Thursday after it failed to persuade a majority of its debt holders to give it more time to refinance billions of dollars in debt racked up during the housing boom."
http://finance.yahoo.com/news/Mall-operator-files-for-apf-14942836.html
It does not take much to connect the dots and surmise that Goldman Sachs knew that General Growth was about to file for bankruptcy since they are intimately connected to the inner circle of General Growth's debt holders if not one of them.
How's that for arrogance on Goldman's part?
Caveat emptor is the kindest thing to say of Goldman's recommendations.
Running the other way might be more prudent and for the bold traders out there, selling short what Goldman is selling usually leads to more profits than losing 50-80% buying their recommendations.
I had the sneaky suspicion that Goldman was up to something and looking to dump and the news today proved my suspicion to be true.
It is surprising that the media and the rest of the players on Wall Street continue to turn a blind eye to the constant dishonest manipulation committed by the supposed best traders on Wall Street.
Wednesday, April 15, 2009
Hebrew slavery reminder day
Fellow inmates in the current monetary system based slave prison planet we call Earth,
Today, we celebrate our dependence day.
We are dependent on a system of enslavement known as the Private Banking monetary system - a system that is busy perpetuation the longest running and greatest Pyramid/Ponzi scheme ever known to humanity known as the stock market where a few print money for a living and trick the rest of humanity to work perpetuating a system that is the primary form of modern day enslavement.
Today the biggest problem in the world is a financial crisis that has left major banks insolvent since they were busy buying up highly illiquid securities made up from repackaged home and corporate loans made out to highly leveraged consumers and corporations who were busy bidding up prices that ended up ensnaring them in traps that are akin to tightening the noose and hanging themselves by their own thoughtless volition.
And even if you and I did not partake in this game of leverage, we are obligated to bail out the ones that did with our reward being that we can possibly return to the previous status quo and continue to prop up this system with the hope that we are smart enough that we can game it and gain wealth at the expense of the majority of the population of this planet who continuously to fall further and farther behind.
This is the message that we are being sold and even if we don't want to buy it, our bought and paid for politicians are forcing us to implement it since they would like nothing better than the status quo to continue so they can stay in the limelight and continue to pretend that they yield power.
All the while, the ones that have real power never really come forth into the spotlight.
The typical person is susceptible to being tricked into thinking that there are opposing forces in government and it is a good idea to choose a side to be on.
This message is constantly being perpetuated by the media that is owned by subsidiaries of subsidiaries that trace back to a small ownership group of people that create money out of thin air.
My thinking has boiled down to the whole thing being a perfectly circular and vicious cycle and here it goes.
Republicans are supposedly for Business, big and small.
Democrats are supposedly for Government, big and small.
In today's world you cannot start a business and grow it without angel investors who've made their money via gaming the system in addition to being entrepreneurial.
If you are lucky the above can fund you. For the rest of those aspiring to start a business, big and small, they need to go to the bankers.
The Bankers lend money borrowed at a discount from bigger bankers who print this money out of thin air and put it in play.
In order to thrive, these businesses need taxes to be low and they need plenty of tax breaks and they need the government to be involved in stimulating the economy if the economy is not strong enough to stand on its own in order for the owners and executives of these businesses to increase their net worth by converting options created out of thin air into cold hard cash via the Casino known as Wall Street.
When these businesses run into trouble by being slaves to their lenders at usurious rates they cannot sustain, they look to the court system for a forgiving of this debt but if they are too big to fail they look to the Government for bailout money that creates more debt for the people - debt that is not created by a not for profit government but by a for profit based private banking system masquerading as a public entity.
As the pendulum of debt swings from being pumped into the system to its required extraction, the rulers of our world remove the business advocating politicians and replace them with Government advocating politicians who are forced to increase our taxes so we can pay back the same money that went into the system by the money printers.
And that is why the political system is a vicious circle that has made me into what prescient future trends forecaster Gerald Celente terms as a "political atheist".
It is all just one big monopoly money zero sum game ponzi scheme. The whole thing. It is a manufactured problem that ends up causing many people to starve.
And as absurd as it sounds, the current global financial crisis may not end until the real problems such as crop failure, droughts, famine, water shortage, climate change, earthquakes, and the earth effect of solar flare activity end up becoming so great that they overshadow the made up financial crisis of created out of thin wealth transfer so the people can lift the wool over their eyes with the hope of getting out of this multiple thousand year old cycle of Slave/Master Debtor/Indebted we have been stuck in.
Being a modest mouse who is trying to break out of the enslavement wheel before it breaks him, I leave you with this to ponder before I attend to the opening of the daily casino:
On this most reviled/revered of days(depending on which side of the Federal Reserve Hebrew slave equivalent wage theft racket you're on) one can not help but ask themselves:
Is this the best that Humanity can do?
Must we wait for a disaster before we can change our archaic ways?
Will it be too late when the real problems that cannot be bailed out by printing money take center stage?
P.S: Prior to their revolt, Hebrew slaves were paying 50% of their earnings to the Pharaoh. When he forced them to pay for the material they needed to build his projects, they could no longer make a profit after cost and revolted. And the rest is History as they say.
Today, we celebrate our dependence day.
We are dependent on a system of enslavement known as the Private Banking monetary system - a system that is busy perpetuation the longest running and greatest Pyramid/Ponzi scheme ever known to humanity known as the stock market where a few print money for a living and trick the rest of humanity to work perpetuating a system that is the primary form of modern day enslavement.
Today the biggest problem in the world is a financial crisis that has left major banks insolvent since they were busy buying up highly illiquid securities made up from repackaged home and corporate loans made out to highly leveraged consumers and corporations who were busy bidding up prices that ended up ensnaring them in traps that are akin to tightening the noose and hanging themselves by their own thoughtless volition.
And even if you and I did not partake in this game of leverage, we are obligated to bail out the ones that did with our reward being that we can possibly return to the previous status quo and continue to prop up this system with the hope that we are smart enough that we can game it and gain wealth at the expense of the majority of the population of this planet who continuously to fall further and farther behind.
This is the message that we are being sold and even if we don't want to buy it, our bought and paid for politicians are forcing us to implement it since they would like nothing better than the status quo to continue so they can stay in the limelight and continue to pretend that they yield power.
All the while, the ones that have real power never really come forth into the spotlight.
The typical person is susceptible to being tricked into thinking that there are opposing forces in government and it is a good idea to choose a side to be on.
This message is constantly being perpetuated by the media that is owned by subsidiaries of subsidiaries that trace back to a small ownership group of people that create money out of thin air.
My thinking has boiled down to the whole thing being a perfectly circular and vicious cycle and here it goes.
Republicans are supposedly for Business, big and small.
Democrats are supposedly for Government, big and small.
In today's world you cannot start a business and grow it without angel investors who've made their money via gaming the system in addition to being entrepreneurial.
If you are lucky the above can fund you. For the rest of those aspiring to start a business, big and small, they need to go to the bankers.
The Bankers lend money borrowed at a discount from bigger bankers who print this money out of thin air and put it in play.
In order to thrive, these businesses need taxes to be low and they need plenty of tax breaks and they need the government to be involved in stimulating the economy if the economy is not strong enough to stand on its own in order for the owners and executives of these businesses to increase their net worth by converting options created out of thin air into cold hard cash via the Casino known as Wall Street.
When these businesses run into trouble by being slaves to their lenders at usurious rates they cannot sustain, they look to the court system for a forgiving of this debt but if they are too big to fail they look to the Government for bailout money that creates more debt for the people - debt that is not created by a not for profit government but by a for profit based private banking system masquerading as a public entity.
As the pendulum of debt swings from being pumped into the system to its required extraction, the rulers of our world remove the business advocating politicians and replace them with Government advocating politicians who are forced to increase our taxes so we can pay back the same money that went into the system by the money printers.
And that is why the political system is a vicious circle that has made me into what prescient future trends forecaster Gerald Celente terms as a "political atheist".
It is all just one big monopoly money zero sum game ponzi scheme. The whole thing. It is a manufactured problem that ends up causing many people to starve.
And as absurd as it sounds, the current global financial crisis may not end until the real problems such as crop failure, droughts, famine, water shortage, climate change, earthquakes, and the earth effect of solar flare activity end up becoming so great that they overshadow the made up financial crisis of created out of thin wealth transfer so the people can lift the wool over their eyes with the hope of getting out of this multiple thousand year old cycle of Slave/Master Debtor/Indebted we have been stuck in.
Being a modest mouse who is trying to break out of the enslavement wheel before it breaks him, I leave you with this to ponder before I attend to the opening of the daily casino:
On this most reviled/revered of days(depending on which side of the Federal Reserve Hebrew slave equivalent wage theft racket you're on) one can not help but ask themselves:
Is this the best that Humanity can do?
Must we wait for a disaster before we can change our archaic ways?
Will it be too late when the real problems that cannot be bailed out by printing money take center stage?
P.S: Prior to their revolt, Hebrew slaves were paying 50% of their earnings to the Pharaoh. When he forced them to pay for the material they needed to build his projects, they could no longer make a profit after cost and revolted. And the rest is History as they say.
Tuesday, April 14, 2009
Online Backlash against Goldman Sachs?
Joshua Morgan Brown discusses Goldman's double dipped bail out money from the Government directly and through AIG indirectly in addition to a mention of their ridiculous lawsuit against Blogger Mike Morgan.
"Goldman Sachs Backlash Is Picking Up Steam"
"The bank has instructed Wall Street law firm Chadbourne & Parke to pursue blogger Mike Morgan, warning him in a recent cease-and-desist letter that he may face legal action if he does not close down his website. Florida-based Mr Morgan began a blog entitled “Facts about Goldman Sachs” – the web address for which is goldmansachs666.com – just a few weeks ago.
Morgan continues to post on his blog and reportedly welcomes his day in court. This is embarrassing for a firm the size of Goldman Sachs and the claim of IP Infringement is clearly an obfuscation of the truth behind why they would go after a blogger."
If in fact Goldman (or anyone else) was “hedged” against a possible credit loss from their CDS with AIG and they were able to collect on that hedge (no matter what it was) those payments through AIG need to be clawed back immediately as nobody is entitled to be paid twice for the same risk and reap what amounts to a windfall profit by quite literally engineering a multi-billion dollar transfer of funds from the Taxpayer to the firm!"
more at -
http://seekingalpha.com/article/130739-goldman-sachs-backlash-is-picking-up-steam?source=yahoo
"Goldman Sachs Backlash Is Picking Up Steam"
"The bank has instructed Wall Street law firm Chadbourne & Parke to pursue blogger Mike Morgan, warning him in a recent cease-and-desist letter that he may face legal action if he does not close down his website. Florida-based Mr Morgan began a blog entitled “Facts about Goldman Sachs” – the web address for which is goldmansachs666.com – just a few weeks ago.
Morgan continues to post on his blog and reportedly welcomes his day in court. This is embarrassing for a firm the size of Goldman Sachs and the claim of IP Infringement is clearly an obfuscation of the truth behind why they would go after a blogger."
If in fact Goldman (or anyone else) was “hedged” against a possible credit loss from their CDS with AIG and they were able to collect on that hedge (no matter what it was) those payments through AIG need to be clawed back immediately as nobody is entitled to be paid twice for the same risk and reap what amounts to a windfall profit by quite literally engineering a multi-billion dollar transfer of funds from the Taxpayer to the firm!"
more at -
http://seekingalpha.com/article/130739-goldman-sachs-backlash-is-picking-up-steam?source=yahoo
No mentions of the missing month on Goldman Sachs Morning Con Call
Alas,
it looks like there is no backbone amongst the Wall Street Analysts( including Meridith Whitney surprisingly) as no one has mentioned the accounting trick of skipping over the Billion dollar lost month of Dec 2008.
Retail sales for March down three times as expected(-1.1%)
I wonder how the talking heads will spin this.
An interesting question to have asked Goldman Sachs CFO is how much did they profit from the 25% market gain in March, a month they would not have benefited from had they not been allowed to discard Dec 2008 financial data.
My question is what is the legality of skipping the reporting month and how often does it occur?
News Flash: Leave it to CNBC Commentator Rick "Chicago Tea Party" Santelli to mention the 4 month quarter on the air. Guest CNBC analyst quickly tries to deflect the issue.
How long until this becomes the indicting story that it should be?
it looks like there is no backbone amongst the Wall Street Analysts( including Meridith Whitney surprisingly) as no one has mentioned the accounting trick of skipping over the Billion dollar lost month of Dec 2008.
Retail sales for March down three times as expected(-1.1%)
I wonder how the talking heads will spin this.
An interesting question to have asked Goldman Sachs CFO is how much did they profit from the 25% market gain in March, a month they would not have benefited from had they not been allowed to discard Dec 2008 financial data.
My question is what is the legality of skipping the reporting month and how often does it occur?
News Flash: Leave it to CNBC Commentator Rick "Chicago Tea Party" Santelli to mention the 4 month quarter on the air. Guest CNBC analyst quickly tries to deflect the issue.
How long until this becomes the indicting story that it should be?
Monday, April 13, 2009
Wall Street Emperor reports, sans appendage
In continuation of Wall Street's quarterly fantasy role playing game known as "gumptions and braggins", the Q1 Financial reporting charade I mean parade continues unabated with Wall Street Prince of Darkness firm Goldman Sachs reporting what looked like a blowout quarter until you read past the headlines to find that Goldman would have missed Analyst Estimates( oh the Horror!) if they stuck to their normal quarterly reporting cycle of Dec-Feb.
Is it any wonder that Goldman Lawyers are busy suing the new blogging site dedicated to uncovering their economically toxic machinations? http://www.goldmansachs666.com
It's unclear whether or not they are suing due to the said site's reference to Goldman or to the number of the Beast or do they hold the rights to both?
Not only did TARP bail out Goldman Sachs to the tune of around 25 Billion, but it also allowed them to skip their $2.15 per share/ 1 Billion loss incurred during December.( Isn't 1 Billion too round a number? hmmm...)
How are they allowed to get away with this you ask?
In our increasingly fictitious/fascist collusive Government/Media/Corporate environment, apparently being allowed to convert into a Bank holding company can allow you to skip a bad month if you choose to and you get a free pass from everybody including the media.
Why should the media shine a light to expose the truth yadda yadda yadda..... just give me my money and you can put my name next to the byline.
Out of more than 10 reports from mainstream financial media sources,
http://finance.yahoo.com/q/h?s=GS&t=2009-04-13T21:08:30
I've only noticed one glance over the "orphan" month of December 2008:
"Shifting the start of its fiscal year certainly helped the bank's overall results, said Denise Valentine, senior analyst at Aite Group, a Boston-based research firm.
"It's a little bit of fancy footwork, but for the market as a whole it's good news and it was needed," she said. "When your star does well or does what is expected, you breathe a little easier."
source: http://news.yahoo.com/s/ap/20090413/ap_on_bi_ge/earns_goldman_sachs
"Fancy footwork" You say? or is your job on the line if you say what you really mean about Goldman Sachs' accounting trickery?
Not only is Goldman Sachs seemingly allowed to report fictitious "mark to market" results that can only be generously referred to as "mark to fantasy" based on relaxed financial reporting regulations, now they can also skip reporting whole months altogether.
What's next in this rigged game?
Queue generic CFO voice: "Ladies and Gentlemen, we are proud to announce record profits this quarter and every quarter into the foreseeable future now that we are allowed to spin off our losing months into separate entities according to TARP...Sorry, I meant PRAT(Profit Realization Accretion Transfer).
Voila, I've made our massive losses vanish into the SEC ether. Now hurry up and dilute the bagholders which allows us to pay the TARP back so I can get my damned bonus thanks to the PRAT act."
The quarterly reporting Emperor, apparently having no shame in addition to his lack of wardrobe, has decided to leave one of his sight for sore eyes limbs in the castle before venturing out into the open.
update: There is some reporting of the accounting loophole that caused Goldman to "smash" analysts estimates.
>>>>>>>>>>>>>>>>>>
by Dan Wilchins
"A RARE OPPORTUNITY
But Goldman's report was not all positive. The bank said its net loss for common shareholders was $1.03 billion in December, prompting some to question whether the change in financial years had allowed Goldman to dump much of its bad news into that one-off period and start afresh in the first quarter.
"December was a rare opportunity for both Goldman Sachs and Morgan Stanley," said Brad Hintz, an analyst at Sanford Bernstein. "A single month, without any comparisons that can be made with any other months, so none of us will ever know what goes into the month of December. It's one of those rare opportunities that CFOs dream about." Hintz is a former Lehman Brothers chief financial officer.
The bank said in January that it recorded a roughly $850 million loss from loans extended to units of chemicals company LyondellBasell in December, though the units filed for bankruptcy in January.
Between the December losses and the subsequent profit, Goldman's tangible book value per common share was essentially unchanged from the end of November, at $88.02, the bank said. Tangible common equity is a measure of the bank's net worth, ignoring intangible assets such as goodwill.
A measure of the bank's trading risk, average daily value-at-risk, surged to $240 million in the first quarter of 2009, compared with $157 million for the three months ended February 28, 2008, implying that the bank took more trading risk."
<<<<<<<<<<<<<<<<<<<<<<
http://finance.yahoo.com/news/Goldman-beats-forecasts-to-rb-14915717.html
It is good to know that there are still some reporters like Dan Wilchins with enough backbone who are digging deeper but unfortunately for every one sentient report, there are 10 mindless company PR rehashes that drown them out.
The question to ask on the conference call in a couple of hours is how much they made in profit in their march 2009 quarter since it is taking place of their orphaned 1 Billion loss Dec 2008.
A safe estimate based on the frozen credit markets might imply that their Dec 2008 loss would have wiped out their profits from Jan and Feb of 2009 leaving them missing Analyst estimates by a country mile instead of crushing them.
But then again, we are not in the midst of a financial based economic collapse in spite of the accounting gimmicks of Wall Street firms but due primarily to the lax accounting standards that allow such chicanery to exist.
Another piece of irony is that Goldman made most of their profits using the same tactics of excessive leverage that have led to the horrendous tax payer money bailout of these bankers and it does not seem these bankers have learned any lessons about risk and leverage.
How long can they continue the same old same old while fleecing the public?
We shall see.
Is it any wonder that Goldman Lawyers are busy suing the new blogging site dedicated to uncovering their economically toxic machinations? http://www.goldmansachs666.com
It's unclear whether or not they are suing due to the said site's reference to Goldman or to the number of the Beast or do they hold the rights to both?
Not only did TARP bail out Goldman Sachs to the tune of around 25 Billion, but it also allowed them to skip their $2.15 per share/ 1 Billion loss incurred during December.( Isn't 1 Billion too round a number? hmmm...)
How are they allowed to get away with this you ask?
In our increasingly fictitious/fascist collusive Government/Media/Corporate environment, apparently being allowed to convert into a Bank holding company can allow you to skip a bad month if you choose to and you get a free pass from everybody including the media.
Why should the media shine a light to expose the truth yadda yadda yadda..... just give me my money and you can put my name next to the byline.
Out of more than 10 reports from mainstream financial media sources,
http://finance.yahoo.com/q/h?s=GS&t=2009-04-13T21:08:30
I've only noticed one glance over the "orphan" month of December 2008:
"Shifting the start of its fiscal year certainly helped the bank's overall results, said Denise Valentine, senior analyst at Aite Group, a Boston-based research firm.
"It's a little bit of fancy footwork, but for the market as a whole it's good news and it was needed," she said. "When your star does well or does what is expected, you breathe a little easier."
source: http://news.yahoo.com/s/ap/20090413/ap_on_bi_ge/earns_goldman_sachs
"Fancy footwork" You say? or is your job on the line if you say what you really mean about Goldman Sachs' accounting trickery?
Not only is Goldman Sachs seemingly allowed to report fictitious "mark to market" results that can only be generously referred to as "mark to fantasy" based on relaxed financial reporting regulations, now they can also skip reporting whole months altogether.
What's next in this rigged game?
Queue generic CFO voice: "Ladies and Gentlemen, we are proud to announce record profits this quarter and every quarter into the foreseeable future now that we are allowed to spin off our losing months into separate entities according to TARP...Sorry, I meant PRAT(Profit Realization Accretion Transfer).
Voila, I've made our massive losses vanish into the SEC ether. Now hurry up and dilute the bagholders which allows us to pay the TARP back so I can get my damned bonus thanks to the PRAT act."
The quarterly reporting Emperor, apparently having no shame in addition to his lack of wardrobe, has decided to leave one of his sight for sore eyes limbs in the castle before venturing out into the open.
update: There is some reporting of the accounting loophole that caused Goldman to "smash" analysts estimates.
>>>>>>>>>>>>>>>>>>
by Dan Wilchins
"A RARE OPPORTUNITY
But Goldman's report was not all positive. The bank said its net loss for common shareholders was $1.03 billion in December, prompting some to question whether the change in financial years had allowed Goldman to dump much of its bad news into that one-off period and start afresh in the first quarter.
"December was a rare opportunity for both Goldman Sachs and Morgan Stanley," said Brad Hintz, an analyst at Sanford Bernstein. "A single month, without any comparisons that can be made with any other months, so none of us will ever know what goes into the month of December. It's one of those rare opportunities that CFOs dream about." Hintz is a former Lehman Brothers chief financial officer.
The bank said in January that it recorded a roughly $850 million loss from loans extended to units of chemicals company LyondellBasell in December, though the units filed for bankruptcy in January.
Between the December losses and the subsequent profit, Goldman's tangible book value per common share was essentially unchanged from the end of November, at $88.02, the bank said. Tangible common equity is a measure of the bank's net worth, ignoring intangible assets such as goodwill.
A measure of the bank's trading risk, average daily value-at-risk, surged to $240 million in the first quarter of 2009, compared with $157 million for the three months ended February 28, 2008, implying that the bank took more trading risk."
<<<<<<<<<<<<<<<<<<<<<<
http://finance.yahoo.com/news/Goldman-beats-forecasts-to-rb-14915717.html
It is good to know that there are still some reporters like Dan Wilchins with enough backbone who are digging deeper but unfortunately for every one sentient report, there are 10 mindless company PR rehashes that drown them out.
The question to ask on the conference call in a couple of hours is how much they made in profit in their march 2009 quarter since it is taking place of their orphaned 1 Billion loss Dec 2008.
A safe estimate based on the frozen credit markets might imply that their Dec 2008 loss would have wiped out their profits from Jan and Feb of 2009 leaving them missing Analyst estimates by a country mile instead of crushing them.
But then again, we are not in the midst of a financial based economic collapse in spite of the accounting gimmicks of Wall Street firms but due primarily to the lax accounting standards that allow such chicanery to exist.
Another piece of irony is that Goldman made most of their profits using the same tactics of excessive leverage that have led to the horrendous tax payer money bailout of these bankers and it does not seem these bankers have learned any lessons about risk and leverage.
How long can they continue the same old same old while fleecing the public?
We shall see.
Friday, April 10, 2009
Why Wells Fargo Pre announced( or how I decided to stop worrying and love Wells Fargo's immitation of Lehman Brothers)
In light of all that is happening with the ongoing slow motion economic train wreck that our world is experiencing today, it is time to retro-fit this blog to move away from what amounts to metaphysical musings to some, self righteous pulpit bully talk to others and gibberish to the rest and get down to the nitty gritty that many people are waking up to:
The complete shamipulation that Wall Street is and always has been and why it is now more dangerous than ever since we, the tax paying public, are bailing out these swine striped suites while they continue to plot their plundering of our pockets out of their corner suites.
Here is my reasoning as to why Wells Fargo "pre-announced" record earnings:
Wells Fargo was one of the biggest Rohm & Haas shareholders before R&H was bought out for a 50% premium allowing WFC to book a 1.5 Billion profit on their books for Q1 when the all cash buyout of R&H closed.
(credit goes to WFC Yahoo financial message board poster "impartialanalyst" for being early to alert people to this sham rather than having to wait until a hedge fund manager loaded up short to the gills and announced this little unmentioned fact. He also profited from it by being long solely for this reason which paid off handsomely for him and others who paid attention, something that is sorely lacking in today's attention span deficit disorder that is our world.
http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_W/threadview?m=te&bn=19829&tid=100010&mid=-1&tof=14&rt=2&frt=2&off=1#-1
http://www.mffais.com/roh.html
Pre-announcing a record "profit" allows them the luxury not to show where the profit came from for a couple of weeks: Enough time for their trading arm to have bought enough of their own stock and calls and written puts for them to make a quick buck along with the rest of their fellow Wall Street cronies and dump them on an uninformed public greedy for a recovery.(Similar to front running trading of Fed meeting minutes for 3 weeks by Fed member banks before releasing them for public consumption)
This is the same thing that Lehman Brothers did in March of 2008 in pre-announcing their earnings except very few remember the past and even fewer report the similarities.
Last year, gloom and doom was expected for Lehman right after Bear Stearns collapsed so what Lehman did was pre announce earnings that crushed all analyst estimates and caused their stock to go up from $31 to $46 in one day after it had fallen as low as $22 the day before.
That day is firmly entrenched in my mind( March 18th 2008) since it was the day I was punished for correctly betting against Lehman's insolvency but being too early while waiting for Lehman's lies to be uncovered.
Only later would we find out( due to whistle blowing short seller Bill Ackerman's
investigation into Lehman's seemingly glowing profit numbers) that it was all a sham and had nothing to do with their underlying financial condition since they wrote off too little, claimed the non performance of their written off debt as profit and added to it by claiming profit due to the "revaluation" of a stake they owned in an Indian Power company.
The only difference here is that Wells Fargo got lucky and was able to actually record this on their books so it's not an exact comparison in regards to this windfall.
They are guilty of under reporting their level 3 loss provisions just like Lehman Brothers was last year before the exposure of their lies triggered their collapse.
Which leads us back to this blurb from Mr Mortgage from last year:
http://www.youtube.com/watch?v=kb9byJ2QWcg
According to Mr Mortgage(who predicted the collapse of many of the no longer in business entities such as Lehman and Wamu via his reporting of their massive levels of toxic mortgage debt) Wells Fargo has as much as 80 Billion in worthless 2nd lien mortgages on underwater assets.
Reporting a 3 billion profit made up of 50% in non recurring trading windfall on a bought out stock is not a sustainable core business since there are not too many businesses that are being sold at a premium today that can cause Wells Fargo to continue to hit the Jackpot.
Which gets us back to the shameful lack of reporting of this issue by any members of the media or any of the analysts or even hedge fund short sellers.
The Silence is deafening and I guess it will continue to be that way unless I wake up tomorrow as a member of the media.
It was only earlier this week that Analyst Michael Mayo stated that the banks have only written down their loan losses by only 2%.
I am not prepared to go that far and I shudder at the thought since I am about to make the following proclamation:
I believe that the total bailout money needed for these banks to get back to even Steven and close up shop at zero debt is between 11 and 12 Trillion dollars.
Here is my thesis in a nutshell: It's safe to say that these institutions got levered to an average of 30-1 in now toxic assets. A conservative estimate of 30% write downs on these toxic assets leave the banks worthless to the tune of around 10-1 and since the aggregate market cap of these financial institutions is around 1.5 Trillion, they actually need ten times that number to be worth zero.
Symmetry would seem to suggest that Wells Fargo will be the next bank to go under this year since they are the first bank to revert to Lehman style tactics(full disclosure: as of this writing I have no actual stake long, short nor options in Wells Fargo although continued blind leading the blind irrational exuberant myopia may lead me to change my mind and put my money where my mouth is)
The Question that I will ask of my fellow tax paying citizens: Are we prepared to destroy not only our long term future but our immediate future just so that we can bail out these gamblers to the tune of 10 times the money being mentioned today so they can start lending normally again?
Fractional reserve lending allows us to take 1 Trillion and lend up to 10 Trillion in a newly created bank that we can put up for sale so that this solution won't be deemed too socialist.
Isn't an inevitable 10 Trillion dollar bailout more socialist than a new people backed bank of the people by the people?
All the politicians and economists keep telling us that we need this bailout since our economy's life blood is based on lending.
Okay, I bite. I do not like this House of cards based Ponzi scheme of an economy but we are currently stuck in it until natural disaster makes us change our ways since enlightenment does not carry as much capital nor go as far as simple greed.
I do not believe that the public will allow this sham of a bailout to continue going on indefinitely without visible civil disobedience due to massive unemployment( already at over 15% if you pay attention to the Government's U6 unemployment category).
A new national bank funded with 1 Trillion would restart lending again but must come at the expense of ending the daily horror show entitled "Night of the Living Dead Banks and their Bloodsucker proxies".
The complete shamipulation that Wall Street is and always has been and why it is now more dangerous than ever since we, the tax paying public, are bailing out these swine striped suites while they continue to plot their plundering of our pockets out of their corner suites.
Here is my reasoning as to why Wells Fargo "pre-announced" record earnings:
Wells Fargo was one of the biggest Rohm & Haas shareholders before R&H was bought out for a 50% premium allowing WFC to book a 1.5 Billion profit on their books for Q1 when the all cash buyout of R&H closed.
(credit goes to WFC Yahoo financial message board poster "impartialanalyst" for being early to alert people to this sham rather than having to wait until a hedge fund manager loaded up short to the gills and announced this little unmentioned fact. He also profited from it by being long solely for this reason which paid off handsomely for him and others who paid attention, something that is sorely lacking in today's attention span deficit disorder that is our world.
http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_W/threadview?m=te&bn=19829&tid=100010&mid=-1&tof=14&rt=2&frt=2&off=1#-1
http://www.mffais.com/roh.html
Pre-announcing a record "profit" allows them the luxury not to show where the profit came from for a couple of weeks: Enough time for their trading arm to have bought enough of their own stock and calls and written puts for them to make a quick buck along with the rest of their fellow Wall Street cronies and dump them on an uninformed public greedy for a recovery.(Similar to front running trading of Fed meeting minutes for 3 weeks by Fed member banks before releasing them for public consumption)
This is the same thing that Lehman Brothers did in March of 2008 in pre-announcing their earnings except very few remember the past and even fewer report the similarities.
Last year, gloom and doom was expected for Lehman right after Bear Stearns collapsed so what Lehman did was pre announce earnings that crushed all analyst estimates and caused their stock to go up from $31 to $46 in one day after it had fallen as low as $22 the day before.
That day is firmly entrenched in my mind( March 18th 2008) since it was the day I was punished for correctly betting against Lehman's insolvency but being too early while waiting for Lehman's lies to be uncovered.
Only later would we find out( due to whistle blowing short seller Bill Ackerman's
investigation into Lehman's seemingly glowing profit numbers) that it was all a sham and had nothing to do with their underlying financial condition since they wrote off too little, claimed the non performance of their written off debt as profit and added to it by claiming profit due to the "revaluation" of a stake they owned in an Indian Power company.
The only difference here is that Wells Fargo got lucky and was able to actually record this on their books so it's not an exact comparison in regards to this windfall.
They are guilty of under reporting their level 3 loss provisions just like Lehman Brothers was last year before the exposure of their lies triggered their collapse.
Which leads us back to this blurb from Mr Mortgage from last year:
http://www.youtube.com/watch?v=kb9byJ2QWcg
According to Mr Mortgage(who predicted the collapse of many of the no longer in business entities such as Lehman and Wamu via his reporting of their massive levels of toxic mortgage debt) Wells Fargo has as much as 80 Billion in worthless 2nd lien mortgages on underwater assets.
Reporting a 3 billion profit made up of 50% in non recurring trading windfall on a bought out stock is not a sustainable core business since there are not too many businesses that are being sold at a premium today that can cause Wells Fargo to continue to hit the Jackpot.
Which gets us back to the shameful lack of reporting of this issue by any members of the media or any of the analysts or even hedge fund short sellers.
The Silence is deafening and I guess it will continue to be that way unless I wake up tomorrow as a member of the media.
It was only earlier this week that Analyst Michael Mayo stated that the banks have only written down their loan losses by only 2%.
I am not prepared to go that far and I shudder at the thought since I am about to make the following proclamation:
I believe that the total bailout money needed for these banks to get back to even Steven and close up shop at zero debt is between 11 and 12 Trillion dollars.
Here is my thesis in a nutshell: It's safe to say that these institutions got levered to an average of 30-1 in now toxic assets. A conservative estimate of 30% write downs on these toxic assets leave the banks worthless to the tune of around 10-1 and since the aggregate market cap of these financial institutions is around 1.5 Trillion, they actually need ten times that number to be worth zero.
Symmetry would seem to suggest that Wells Fargo will be the next bank to go under this year since they are the first bank to revert to Lehman style tactics(full disclosure: as of this writing I have no actual stake long, short nor options in Wells Fargo although continued blind leading the blind irrational exuberant myopia may lead me to change my mind and put my money where my mouth is)
The Question that I will ask of my fellow tax paying citizens: Are we prepared to destroy not only our long term future but our immediate future just so that we can bail out these gamblers to the tune of 10 times the money being mentioned today so they can start lending normally again?
Fractional reserve lending allows us to take 1 Trillion and lend up to 10 Trillion in a newly created bank that we can put up for sale so that this solution won't be deemed too socialist.
Isn't an inevitable 10 Trillion dollar bailout more socialist than a new people backed bank of the people by the people?
All the politicians and economists keep telling us that we need this bailout since our economy's life blood is based on lending.
Okay, I bite. I do not like this House of cards based Ponzi scheme of an economy but we are currently stuck in it until natural disaster makes us change our ways since enlightenment does not carry as much capital nor go as far as simple greed.
I do not believe that the public will allow this sham of a bailout to continue going on indefinitely without visible civil disobedience due to massive unemployment( already at over 15% if you pay attention to the Government's U6 unemployment category).
A new national bank funded with 1 Trillion would restart lending again but must come at the expense of ending the daily horror show entitled "Night of the Living Dead Banks and their Bloodsucker proxies".
Thursday, May 08, 2008
Be careful what you ask for...
"In other words, the only honest way to live is with a sense of mystery. It is not merely that no particular explanation satisfies me, I cannot conceive of what an entirely satisfactory explanation of ourselves would be like. (I also fear such an explanation, were it possible, because it would give enormous power to him who possessed it. But would he understand his own motives and behaviour in making use of it? By definition he would have to do so; he would have to have also a completely coherent, consistent and true ethical theory, such as no one has yet found.)"
Theodore Dalrymple
Here goes nothing:
There are four elements in the zodiac due to the radiation coming from the sun and it oscillates into 4 varying wavelengths. Earth, water, Wind, Fire signs are basically 4 wavelengths of light. Each wavelength, when striking the human embryo either in the womb or the baby after first exposed to light, light up the circuitry that is Human DNA and end up wiring the human being with a personality type based on the angles that connect the DNA via the light specific wavelength.
This is how the base personality is shaped. The wavelengths do not switch from month to month but slowly change and thus provide a plethora of combinations within the specific sign types.
Laws of Optics as a metaphor for human behavior: A concave lens is thin in the middle( a shallow heart) while a convex lens is thick in the middle( a big heart). The concave lens, when light is shown through it, focuses the light and redirects it in one beam through the center( metaphorically burning with this light due to a shallow heart)
The convex lens, with its big heart, proceeds to do the opposite with the light that is shown through it. It shines the light in all directions since it is the metaphor for the anti Grinch heart that is full of love.
Someone once said to be "like light". Why? well light is the fastest object in our Universe. The fastest makes its frequency very high and the wavelength very small. Wavelength is rate of change. Rate of change is akin to Chaos and uncertainty and doubt. Having the smallest rate of change implies the an unwavering state of tranquility.
Due to the actuality of an ultimate Zero sum game based on conservation of energy, in order for one to become rich someone else, must become poor. In order to become very rich, many others must become very poor. Wealth of the few is directly proportional to the poverty of the multitudes.
Theodore Dalrymple
Here goes nothing:
There are four elements in the zodiac due to the radiation coming from the sun and it oscillates into 4 varying wavelengths. Earth, water, Wind, Fire signs are basically 4 wavelengths of light. Each wavelength, when striking the human embryo either in the womb or the baby after first exposed to light, light up the circuitry that is Human DNA and end up wiring the human being with a personality type based on the angles that connect the DNA via the light specific wavelength.
This is how the base personality is shaped. The wavelengths do not switch from month to month but slowly change and thus provide a plethora of combinations within the specific sign types.
Laws of Optics as a metaphor for human behavior: A concave lens is thin in the middle( a shallow heart) while a convex lens is thick in the middle( a big heart). The concave lens, when light is shown through it, focuses the light and redirects it in one beam through the center( metaphorically burning with this light due to a shallow heart)
The convex lens, with its big heart, proceeds to do the opposite with the light that is shown through it. It shines the light in all directions since it is the metaphor for the anti Grinch heart that is full of love.
Someone once said to be "like light". Why? well light is the fastest object in our Universe. The fastest makes its frequency very high and the wavelength very small. Wavelength is rate of change. Rate of change is akin to Chaos and uncertainty and doubt. Having the smallest rate of change implies the an unwavering state of tranquility.
Due to the actuality of an ultimate Zero sum game based on conservation of energy, in order for one to become rich someone else, must become poor. In order to become very rich, many others must become very poor. Wealth of the few is directly proportional to the poverty of the multitudes.
Thursday, May 01, 2008
The Wrath begins
You reap what you sow.
The last gift we donate as the sun sets on our Empire is: Hyper inflating the World's reserve currency before it hits the dustbin.
This in turn makes the world's poorest billion starve more and more - some to their death.
We call ourselves a Christian nation that is a cornerstone of Modern Christian Western Society.
Jesus Christ told us to feed the hungry poor - We are making them poorer and hungrier and the ones still alive are the lucky ones that have not been killed or maimed by our mostly Christian made western weapons.
Christ Blessed the peace makers so we go out making peace by breaking the World into pieces with our well intentioned but misguided Army.
We have been so blessed with abundance but we do not see it so we order more blessing for our nation.
We destabilize foreign nations so we can force their citizens to immigrate and become our "Metropolis 1927" workers and help their destroyed country rebuild by borrowing at usurious rates and paying out our investors 10% on their distressed bonds.
We invest in new technology and prop up a stock market that is destabilizing the ecosystem of the planet(resources that diminish faster than are replenished)
Overall we are neither meek, nor poor and as our rockets red glare, nor are we the peacemaker type but we are blessed.
Now that the blessing is being taken away slowly, we will soon know what's it like to be subjugated by a power greater than our own.
The question is: will we be shown mercy or our mercy?
The future that is on the other side of this slippery slope: It starts with this. It leads to protests. Which lead to instability which then leads to chaos which gives us uncivil war and if you throw in Tyrants abusing power, catastrophic natural disasters and human made ones lead to cannibalism.
in NY 2003, hours without power shutdown a city and the situation turned into near chaos. Imagine days, weeks and months and then you may understand why it leads to cannibalism.
The last gift we donate as the sun sets on our Empire is: Hyper inflating the World's reserve currency before it hits the dustbin.
This in turn makes the world's poorest billion starve more and more - some to their death.
We call ourselves a Christian nation that is a cornerstone of Modern Christian Western Society.
Jesus Christ told us to feed the hungry poor - We are making them poorer and hungrier and the ones still alive are the lucky ones that have not been killed or maimed by our mostly Christian made western weapons.
Christ Blessed the peace makers so we go out making peace by breaking the World into pieces with our well intentioned but misguided Army.
We have been so blessed with abundance but we do not see it so we order more blessing for our nation.
We destabilize foreign nations so we can force their citizens to immigrate and become our "Metropolis 1927" workers and help their destroyed country rebuild by borrowing at usurious rates and paying out our investors 10% on their distressed bonds.
We invest in new technology and prop up a stock market that is destabilizing the ecosystem of the planet(resources that diminish faster than are replenished)
Overall we are neither meek, nor poor and as our rockets red glare, nor are we the peacemaker type but we are blessed.
Now that the blessing is being taken away slowly, we will soon know what's it like to be subjugated by a power greater than our own.
The question is: will we be shown mercy or our mercy?
The future that is on the other side of this slippery slope: It starts with this. It leads to protests. Which lead to instability which then leads to chaos which gives us uncivil war and if you throw in Tyrants abusing power, catastrophic natural disasters and human made ones lead to cannibalism.
in NY 2003, hours without power shutdown a city and the situation turned into near chaos. Imagine days, weeks and months and then you may understand why it leads to cannibalism.
Friday, December 15, 2006
Anatomy of corruption ruining what was once a beautiful game...
The FIFA code of Ethics Violations
An open letter to whom it should concern but apparently doesn't,
It is unfortunate that we are at a stage where FIFA's integrity is
nearing the threshold where the Rubicon is crossed forever shaming the organization.
http://en.wikipedia.org/wiki/Rubicon
The Year 200b will unfortunately go down as the year of the Champion Cheaters that are banned for life from the sports they have tarnished.
A fake champion won the Tour de France, forever bringing shame to the event not to mention his native land. And if he was disqualified, numerous other fake champions would have stepped up to the plate to claim their infamy.
In the MLB, a Parade of performance enhanced athletes is the current
gene pool of undeserved record setting achievements.*
The cream rises to the top but not if growing in a dump where the crap rises through the crop until it is crowning the spoiled top.
Having seen the ruinous road that World Cup 2006 was headed down, the fake champion was accurately predicted weeks before their shameful and hollow victory finally manifested itself on July the 9th 2006.
A great player lost his control after he turned the other cheek one too many times to the injurious verbal insults hurled by a liar with a documented record of intentional injury to opponents.
An organization that is infested with members currently violating every section of its own code of Ethics will not be allowed to go on forever without its dirty laundry being aired in a slow and agonizing train wreck fashion.
Why stop at one violation. There are some members currently engaged in violating every code.
http://www.fifa.com/documents/fifa/laws/FIFACodeofEthics_E.pdf
http://www.fifa.com/documents/static/organisation/disciplinary_code_EN.pdf
Do not think that the silent watchful members do not know of this as they keep an eye on the Cretins Executing Orders.
The newly crowned fake champion is justly deserving of the Cup of Corruption known as World Cup Germany 2006.
Falling over a defender for a last second injury time penalty, the offender is handsomely reward with an advancing chance and an opportunity to fall down in their semi final opponent's penalty area while feigning injury in order to halt a counter attack by the Hosts.
Realizing their cheating was not punished by the referees, the cretins repeat the same act in more brazen fashion: standing up after a collision with their foe's Goal Keeper, then looking back and seeing their adversary counter attack again, and only then do they fall down in agony many meters away from the place of their supposed injurious collision.
Looking up and seeing a counter attack and faking injury afterwards was also not caught even though it is documented in Hi Definition recordings that are easily available for mass redistribution.
In order not to discriminate against the Corrupt Champion whose disqualification is long overdue , the corrupt non champion must also be mentioned. A Team that commits a ridiculous amount of fouls doesn't advance very far even if the Coach had a record setting consecutive victory performance.
A supposed World Class referee, in a clear game disqualifying violation, is allowed to card one player 3 times yet no true punishment is handed down by the ruling class of cowering executives watching in disbelief. Only toothless press releases and meaningless reprimands follow.
Another referee is allowed to shame the game via a record setting performance of red and yellow cards while allowing cretins masquerading as athletes to continue on their arrogant unabated destructive paths toward the ultimate self realization of their
narcissistic ephemeral existence.
Why is there not an additional referee to yellow and red card game referees during the game if they overstep their place and become the story of the game?
For the Good of the Game, if you do not stand up and act now, you will see players make good on their threats of extracting justice from a corrupt system that practices the opposite of what it preaches; sometimes preaching racial tolerance via pre game speeches only to have one of its true gentlemen violated by a disrespectful liar
with a history of recklessly injuring anyone and everyone that stands in his nihilistic path towards immortalizing his criminal behavior that bears witness to the heartless machine that is his physical entity which lacks a single ounce of integrity.
Heed the Warnings before Righteous Judgment comes upon you for something is rotten in the state of Denmark.
It doesn't take the suicide of World Cup planners and the attempted suicide or forced assisted suicide of former players to bring the situation to light.
All it takes is the courage to stand up and shine a light on the festering cancers.
The Truth Shall set you free and lies shall make you an eternal
prisoner of your own vices.
Sincerely,
fUny1
(A few days after the open message was sent on August 31st, FIFA brought up the poster boy of corruption out of his crawling space to deliver a few choice words that rang hollow as expected.
Then they quickly swept the response under the rug and now the press release cannot be located
http://fifa.com/en/mens/index/0,2527,127347,00.html?articleid=127347
An open letter to whom it should concern but apparently doesn't,
It is unfortunate that we are at a stage where FIFA's integrity is
nearing the threshold where the Rubicon is crossed forever shaming the organization.
http://en.wikipedia.org/wiki/Rubicon
The Year 200b will unfortunately go down as the year of the Champion Cheaters that are banned for life from the sports they have tarnished.
A fake champion won the Tour de France, forever bringing shame to the event not to mention his native land. And if he was disqualified, numerous other fake champions would have stepped up to the plate to claim their infamy.
In the MLB, a Parade of performance enhanced athletes is the current
gene pool of undeserved record setting achievements.*
The cream rises to the top but not if growing in a dump where the crap rises through the crop until it is crowning the spoiled top.
Having seen the ruinous road that World Cup 2006 was headed down, the fake champion was accurately predicted weeks before their shameful and hollow victory finally manifested itself on July the 9th 2006.
A great player lost his control after he turned the other cheek one too many times to the injurious verbal insults hurled by a liar with a documented record of intentional injury to opponents.
An organization that is infested with members currently violating every section of its own code of Ethics will not be allowed to go on forever without its dirty laundry being aired in a slow and agonizing train wreck fashion.
Why stop at one violation. There are some members currently engaged in violating every code.
http://www.fifa.com/documents/fifa/laws/FIFACodeofEthics_E.pdf
http://www.fifa.com/documents/static/organisation/disciplinary_code_EN.pdf
Do not think that the silent watchful members do not know of this as they keep an eye on the Cretins Executing Orders.
The newly crowned fake champion is justly deserving of the Cup of Corruption known as World Cup Germany 2006.
Falling over a defender for a last second injury time penalty, the offender is handsomely reward with an advancing chance and an opportunity to fall down in their semi final opponent's penalty area while feigning injury in order to halt a counter attack by the Hosts.
Realizing their cheating was not punished by the referees, the cretins repeat the same act in more brazen fashion: standing up after a collision with their foe's Goal Keeper, then looking back and seeing their adversary counter attack again, and only then do they fall down in agony many meters away from the place of their supposed injurious collision.
Looking up and seeing a counter attack and faking injury afterwards was also not caught even though it is documented in Hi Definition recordings that are easily available for mass redistribution.
In order not to discriminate against the Corrupt Champion whose disqualification is long overdue , the corrupt non champion must also be mentioned. A Team that commits a ridiculous amount of fouls doesn't advance very far even if the Coach had a record setting consecutive victory performance.
A supposed World Class referee, in a clear game disqualifying violation, is allowed to card one player 3 times yet no true punishment is handed down by the ruling class of cowering executives watching in disbelief. Only toothless press releases and meaningless reprimands follow.
Another referee is allowed to shame the game via a record setting performance of red and yellow cards while allowing cretins masquerading as athletes to continue on their arrogant unabated destructive paths toward the ultimate self realization of their
narcissistic ephemeral existence.
Why is there not an additional referee to yellow and red card game referees during the game if they overstep their place and become the story of the game?
For the Good of the Game, if you do not stand up and act now, you will see players make good on their threats of extracting justice from a corrupt system that practices the opposite of what it preaches; sometimes preaching racial tolerance via pre game speeches only to have one of its true gentlemen violated by a disrespectful liar
with a history of recklessly injuring anyone and everyone that stands in his nihilistic path towards immortalizing his criminal behavior that bears witness to the heartless machine that is his physical entity which lacks a single ounce of integrity.
Heed the Warnings before Righteous Judgment comes upon you for something is rotten in the state of Denmark.
It doesn't take the suicide of World Cup planners and the attempted suicide or forced assisted suicide of former players to bring the situation to light.
All it takes is the courage to stand up and shine a light on the festering cancers.
The Truth Shall set you free and lies shall make you an eternal
prisoner of your own vices.
Sincerely,
fUny1
(A few days after the open message was sent on August 31st, FIFA brought up the poster boy of corruption out of his crawling space to deliver a few choice words that rang hollow as expected.
Then they quickly swept the response under the rug and now the press release cannot be located
http://fifa.com/en/mens/index/0,2527,127347,00.html?articleid=127347
Friday, October 20, 2006
Destroying the Earth Is an Abominable Holocaust
This Island Earth is home to everyone. It is also the only home that we currently have. If people think of their planet first, they will stop destroying it, polluting it, and hating it. If they pay kindness forward with kindness to strangers, they create a chain reaction to oppose the hate that comes from oppression.
Until someone with a brilliant plan gets Human beings caught up in a whirlwind into another home, people of this earth must stop watching civilians being sacrificed on the altar of war.
Here are a few quotes from a few wise persons that most people failed to understand and hence brought suffering to themselves and others:
“An eye for an eye leaves the whole world blind.“
“Imagination is more important than knowledge.”
“There is nothing to fear but fear itself."
"I am become Death, the destroyer of worlds."
"It isn't enough to talk about peace. One must believe in it. And it isn't enough to believe in it. One must work at it."
"Those who seek to save their life will surely lose it and those who seek to lose their life will surely save it."
For every action, there is an equal and opposite reaction. If you wage war, war will be waged against you. This is known as the third law of thermodynamics.
Thermodynamics is the quantification of mechanical action or relations of heat. When weapons burn, they generate much more heat and toxicity than a car can generate in its lifetime. When you explode weapons at a furious rate, you raise the temperature of the greenhouse that is our planet Earth. Whatever you give comes back to you. If you manufacture weapons and arm every side with weapons and declare ever increasing profits, don't ask why it gets very warm on your continents to the point that it feels like 120 degrees in certain places. Water boils at 212 degrees.
Why choose to massively destroy the Earth with weaponry?
When you wage war, you are essentially declaring a war on Terra, not Terror.
Terra Firma is otherwise known as our Earth. When you terraform the Earth you change it to what you want it to be.
Why raise our Earth's temperature through constant combustion of fuel that is the potential energy turned to kinetic energy?
In Extreme heat and extreme cold it is very hard for human beings to survive. Why make it harder on ourselves by hating and destroying each other if we allow ourselves to succumb to the heat of the anger in our hearts when we do not breathe and suffocate it in the process?
Who is benefiting from boiling the Earth? Its people? its leaders? or its enemies? Who are its enemies? The Puppets you are made to hate and laugh at when you watch them on TV or the Puppet masters behind the scenes.
The puppets rose up the ladder and got entangled in the venomous strings of the puppet masters. If the puppets seek salvation, then all they have to do is ask for forgiveness and forgive themselves and while they knock on the door, someone will open it. The Greater and wiser person forgives someone who sinned against them.
When the puppets of this world were “elected”, they felt an elation for “winning” their position of “power”. Little did they know that they ruled not but it was their seat that ruled over them and some of them attempt in vain to overcome the perception that they are in control when in reality they are only the focal point of a political machine that is out of control.
If you "Qui l’aime" with kindness then they will return the kindness to you in spades. Unfit Nations cannot bring peace if they bicker amongst each other. Utterly Neutral nations cannot be neutral and bring peace. You must be positive and side with righteousness even though it might not seem so righteous or popular at first.
Victory is not achieved through an abomination of desolation of our Planet. Waging war is an abominable act since the ones who partake in it are violating every commandment that they state they believe in. Surrendering to peace does not mean waging war in the name of Peace.
If someone gives you a book of lovely poems and tells you to read it or they will kill you do you take it? No you don't since you have been witness to a hypocrite.
Someone who sacrifices his or her life for the sake of their children is called a good mother.
Someone who sacrifices others for the sake of his or her life is a son of perdition for he has truly lost his way
When a wardrobe malfunction registers more outrage than the abomination of war, the people must stop and ponder whether they lost their way while consuming their American pie to the point where there is none left for anyone including themselves.
The wiser person is usually (but not always) a parent who allows themselves to suffer so the child can learn from their mistake in order to grow and have a peaceful and happy life on this planet.
The wise person's faith is built upon a rock that is not moved by fear. Why did someone say if you had the faith of a mustard seed you can command a mountain to move into the sea and it shall do as you will?
Why not have enough faith that someone will bring peace. For someone to believe in people, the people must believe in that special someone and that person will appear and bring peace and balance the unbalanced forces on this earth.
Until that time comes, many sons and daughters of mankind will prophecy of things that are to come.
Only through mental and physical and spiritual balance can true brotherhood, self sacrifice and charity bring true peace to allay fears, wars and deaths.
Now, if you truly want peace, go out and practice what you preach and you will no longer be Prisoners of the Sun
Sincerely,
fUny1
"The secreted pursuit of Imperfection through self sacrifice achieves a more refined peace than the false illusion of perfection which leads many to pride before autumn"
PS: Here is what Webster's dictionary says:
holocaust
One entry found for holocaust.
Main Entry: ho·lo·caust 
Pronunciation: 'hO-l&-"kost, 'hä- also -"käst or 'ho-l&-kost
Function: noun
Etymology: Middle English, from Late Latin holocaustum, from Greek holokauston, from neuter of holokaustos burnt whole, from hol- + kaustos burnt, from kaiein to burn -- more at CAUSTIC
1 : a sacrifice consumed by fire
2 : a thorough destruction involving extensive loss of life especially through fire holocaust>
3 a often capitalized: the mass slaughter of European civilians and especially Jews by the Nazis during World War II -- usually used with the b : a mass slaughter of people; especially : GENOCIDE
Wednesday, October 11, 2006
The Ides of the Needle
Even when you donate all the money in the world, you do not get your soul back.
Judging from the vast sum of billionaire donations, some of you finally understand what the following words mean: what does it profit a man to gain the whole world and lose his soul?
That is why the filthy rich have been busy donating their vast wealth. They missed the point.
They subjugated and oppressed millions of people in order to accumulate their wealh. Donating it does not grant them their soul back. Humble servitude does.
Many of today's leaders want to be rulers and they have attained the rule in Hell scenario for they have refused to serve in Heaven.
Here lies the answer to reclaiming your soul: you need to serve others. Humble yourself and you will discover true joy as opposed to the ass kissing that you receive from the sycophants who are constantly hounding you for a chance that your wealth rubs off on them.
The eye of the needle and justless profit do not mesh into a tapestry but a footstool that is being setup as we speak.
Get with the program. serve others and gain positive Matrix points in the process in order to reclaim your souls.
For the rest of you, you can ignore everything that was stated in this message if it does not agree with you. No one is forcing you to do anything.
Judging from the vast sum of billionaire donations, some of you finally understand what the following words mean: what does it profit a man to gain the whole world and lose his soul?
That is why the filthy rich have been busy donating their vast wealth. They missed the point.
They subjugated and oppressed millions of people in order to accumulate their wealh. Donating it does not grant them their soul back. Humble servitude does.
Many of today's leaders want to be rulers and they have attained the rule in Hell scenario for they have refused to serve in Heaven.
Here lies the answer to reclaiming your soul: you need to serve others. Humble yourself and you will discover true joy as opposed to the ass kissing that you receive from the sycophants who are constantly hounding you for a chance that your wealth rubs off on them.
The eye of the needle and justless profit do not mesh into a tapestry but a footstool that is being setup as we speak.
Get with the program. serve others and gain positive Matrix points in the process in order to reclaim your souls.
For the rest of you, you can ignore everything that was stated in this message if it does not agree with you. No one is forcing you to do anything.
Monday, October 09, 2006
1/X
to quote "Le Petit Prince": we cannot see with our eyes, only with the heart can we see the truth.
To put it in a laws of physics context: an image is virtual and inverted( upside down) It is flipped over while travelling through our optical nerves which bend upside down before delivering the photons.
To put it in a laws of physics context: an image is virtual and inverted( upside down) It is flipped over while travelling through our optical nerves which bend upside down before delivering the photons.
Ovarian Cancer Awareness
http://www.lorealcolorofhope.com/
It is quiet sad that the Ovarian Cancer statistics are so staggering.
What's even sadder is that almost all cancers are due to lack of Oxygen intake.
Oxygen is the enemy of uncontroller cell division( cancer)
The solution to cancer is to breath in as much clean air as possible and not get worried by what unelightened people say to you.
Hypervenilation is overbreathing. It occurs during physical activity. It must be done to counteract the Hypovenilation that occurs when people are stressed, afraid, agitated, argumentative, negative.
If people were as free as children are, they would have a lot less problems and illness manifestation.
We are our own worst enemies most of the time and it is quiet sad that most humans do not realize this simple fact.
It is quiet sad that the Ovarian Cancer statistics are so staggering.
What's even sadder is that almost all cancers are due to lack of Oxygen intake.
Oxygen is the enemy of uncontroller cell division( cancer)
The solution to cancer is to breath in as much clean air as possible and not get worried by what unelightened people say to you.
Hypervenilation is overbreathing. It occurs during physical activity. It must be done to counteract the Hypovenilation that occurs when people are stressed, afraid, agitated, argumentative, negative.
If people were as free as children are, they would have a lot less problems and illness manifestation.
We are our own worst enemies most of the time and it is quiet sad that most humans do not realize this simple fact.
Ah! Columbus Day
The Day We celebrate the last discovery of what we now call America.
There have been numerous previous discoveries of the Americas but the last one is the one we celebrate due to the Superiority complex that exists among some of us.
The most ancient of documented "discoveries" of the Americas were believed to have been made by the Phoenician sailors of a bygone era. There is evidence of ancient Phoenician and Middle Eastern artifacts scattered all over the Missisippi river area.
In order not to get carried away, we must remember that the "Human" gene pool was severly constrained by a bottleneck that occured about 80 thousand years ago.
The final answer is controlled evolution via time displaced loop feedback.
Update (2/16/08): it is rumored that Columbus "braved" the new world with the help of an ancient map constructed by the modern world's first seafarers: The Phoenicians.
The same Phoenician merchants left lots of biblical era artifacts laying around the Mississippi back when they visited it in years BC or BCE.
That would explain a lot of History that is not written by western conquistadors. Also, wouldn't the Vikings have discovered North America to bring back all that Copper that went missing from a Huge mine around the Michigan area back in the 12-13th Centuries? but alas, when you're busy conquering a continent after you plotted a journey you don't go around advertising it unless you were being funded by a bunch of press mongering Aristocrats.
There have been numerous previous discoveries of the Americas but the last one is the one we celebrate due to the Superiority complex that exists among some of us.
The most ancient of documented "discoveries" of the Americas were believed to have been made by the Phoenician sailors of a bygone era. There is evidence of ancient Phoenician and Middle Eastern artifacts scattered all over the Missisippi river area.
In order not to get carried away, we must remember that the "Human" gene pool was severly constrained by a bottleneck that occured about 80 thousand years ago.
The final answer is controlled evolution via time displaced loop feedback.
Update (2/16/08): it is rumored that Columbus "braved" the new world with the help of an ancient map constructed by the modern world's first seafarers: The Phoenicians.
The same Phoenician merchants left lots of biblical era artifacts laying around the Mississippi back when they visited it in years BC or BCE.
That would explain a lot of History that is not written by western conquistadors. Also, wouldn't the Vikings have discovered North America to bring back all that Copper that went missing from a Huge mine around the Michigan area back in the 12-13th Centuries? but alas, when you're busy conquering a continent after you plotted a journey you don't go around advertising it unless you were being funded by a bunch of press mongering Aristocrats.
Saturday, September 30, 2006
Coincidentally coinciding coincidents.
Coincidence = incidents that happen simultaneously.
Sin^2 + Cos^2 = 1
person 1 assisting person 2 = up to next level.
earthlings helping earthlings = Unity = Peaceful Higher level Transitional stage begins.
1 is a symbolic number for it is an arrow pointing up to the sky.
Zero = 0 = the dual state existence where
ZERO = absence of value
ZERO = the sum total value of all integers( negative and positive)
Therefore ZERO is nothing and everything all at once i.e: the bad and the good guy all at once, hence a ZERO is a state of cyclical balance. WIP....
Sin^2 + Cos^2 = 1
person 1 assisting person 2 = up to next level.
earthlings helping earthlings = Unity = Peaceful Higher level Transitional stage begins.
1 is a symbolic number for it is an arrow pointing up to the sky.
Zero = 0 = the dual state existence where
ZERO = absence of value
ZERO = the sum total value of all integers( negative and positive)
Therefore ZERO is nothing and everything all at once i.e: the bad and the good guy all at once, hence a ZERO is a state of cyclical balance. WIP....
Friday, September 29, 2006
Cinema vérité
"Acting is a way of living out one's insanity"
Isabelle Huppert.
Couldn't have stated it better.
Isabelle Huppert.
Couldn't have stated it better.
Women who want kids read with a grain of salt
keep a balanced view and don't hypovenilate lest you gestate too much carbon dioxide which ups the acid level of your body which increases the chance of gaining weight since Acid eats through all organs which is why the work of perfection body generates fat to encapsulate the acid before it can do any damage.
If your bosses are stressin' your hearts to Darth Vaderesque choke holds, remind them that you need to breath so you can stay alive unless they want you to suffer in that case you keep quiet and get as much air input via Yoga and other breathing techniques
and then look at this article with an enlightened point of view or don't even bother to read anything. Tis' your life and your choice on how to treat your body and whether or not to be kind to friends, strangers and enemies.
http://www.msnbc.msn.com/id/15048454/
If your bosses are stressin' your hearts to Darth Vaderesque choke holds, remind them that you need to breath so you can stay alive unless they want you to suffer in that case you keep quiet and get as much air input via Yoga and other breathing techniques
and then look at this article with an enlightened point of view or don't even bother to read anything. Tis' your life and your choice on how to treat your body and whether or not to be kind to friends, strangers and enemies.
http://www.msnbc.msn.com/id/15048454/
Office Space 2: Termi Ordinateur 4: Birth of MachiNATION
Like The 1927 Metropolis MasterPiece, The Terry Gilliamesque Roberto Diner'owed "Brazil" cubicle slave automaton zombie environment is a form oooof low level anonymifiying skin pale 'a' maker parlor trickster.
You sell 3/7 of your life to the lowest bidder in exchange for temporary piece of mindin' your own bidness like a mofo continuum transfunctioner/\
The Gist is in the mist for if you persist your life's essance eventually will cease and desist.
Where's the Karma Police when we need them?
Dis watcha get whatcha give whatcha Tolkien' bout foo.....
Give me some milk and no helicopters unless sedated by a hole in a wall by the Raven nevermo' money dis da route canal down the sewer/\
Gutter boi in da hood meets the Time Machine's CHUD.
Cap(ona)italistic Humus_oid (g)Uberground D(illyo)WELLERS.
You sell 3/7 of your life to the lowest bidder in exchange for temporary piece of mindin' your own bidness like a mofo continuum transfunctioner/\
The Gist is in the mist for if you persist your life's essance eventually will cease and desist.
Where's the Karma Police when we need them?
Dis watcha get whatcha give whatcha Tolkien' bout foo.....
Give me some milk and no helicopters unless sedated by a hole in a wall by the Raven nevermo' money dis da route canal down the sewer/\
Gutter boi in da hood meets the Time Machine's CHUD.
Cap(ona)italistic Humus_oid (g)Uberground D(illyo)WELLERS.
Seperatin the Tin Tin from the Manure
Someone claiming to have never told a lie is someone to be wary scary oh Contrary of for they have told at least two lies.:
1) The lie prior the the errant claim ->
0:-( and the original deception.
Someone should have told Mr Tooth Decayer to George Washin' g TONGUE.
I taut I tao a Tweety Bird flying over the Putty Tat.
1) The lie prior the the errant claim ->
0:-( and the original deception.
Someone should have told Mr Tooth Decayer to George Washin' g TONGUE.
I taut I tao a Tweety Bird flying over the Putty Tat.
Subscribe to:
Posts (Atom)
