Debt Rattle March 18 2024
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Johannes Vermeer The Concert 1663 Stolen from Gardner Museum March 18 1990, the single largest art theft in the world. Never recovered. • Trump
[See the full post at: Debt Rattle March 18 2024]A recent exchange I’ve had with my insurance broker:
I’m currently working on your upcoming commercial auto renewal with economical, policy number # and I was hoping you could answer the below questions:
is the vehicle still the 2013 Toyota Tacoma?
are you still the only driver?
you currently have 1 million liability is this sufficient?
is your radius of operations still 80km?
do you still carry painting tools in the vehicle?also insurance companies now require a copy of the vehicle permit so if you could email a photo of the permit that would be great!
thank you,
first reply:
is the vehicle still the 2013 Toyota Tacoma? It would be fraud if it wasn’t.
are you still the only driver? Yes
you currently have 1 million liability is this sufficient? Yes
is your radius of operations still 80km? No it is 50km
do you still carry painting tools in the vehicle? Yesalso insurance companies now require a copy of the vehicle permit so if you could email a photo of the permit that would be great!
Why? I can’t get the permit renewed without proof of insurance. If the permit is required to get get the insurance than it will quickly turn into a catch-22 situation won’t it? I will need a detailed explanation in writing why this is required.
broker:
The reason we need the permit is to make sure that the registered owner of the vehicle is the same as the named insured. So where you have the named insured as yourself they’d like the vehicle to be registered in your name, if it isn’t you would either have to register it to your name or add the name its registered to as a named insured.
Your policy will renew even if you don’t send it over its just they like to make sure so you wont have any issues with renewing the permit as your policy will renew.
Hope this clarifies some things,My reply:
Sorry to keep banging on, but this just doesn’t pass the sniff test. They are solving a problem that does not exist. I renew my registration online, the only thing that is asked for is a policy number and expiration date. Nothing about who is insured as the driver. Also the actual ownership of the vehicle is a third document in this province, also me in this situation but beside the point.
Again sorry for the waste of your time on this.
ThanksBroker:
No worries it is a new thing that we and insurance companies do. Essentially if there was a loss of the vehicle, the insurance company would want to pay out the named insured and they like when the registered owner of the vehicle is the same as the named insured. If you were to let’s say have it registered under Shawns Construction company, they would pay out the named insured but it would get sticky as the registered owner technically isn’t the named insured so it would slow the process down. This is because the insurance company would question why you have a policy that is for a vehicle not registered under your name. you would have to submit your registration if their was a loss the insurance company was to pay out and they would question why a vehicle is registered under a different name then the policy if that’s the case.
This will not affect your premium in any way.
If the vehicle is registered under your name, then there will no issue with regards to this. But if the vehicle was registered under a name that isn’t on the policy is where it gets sticky.Me now:
This is were it gets very weird as the ownership paper is a third document. The registration plate in my province is owned by me and moves from one vehicle to the next. The ownership of said vehicle isn’t shown on the registration paper, it only shows what vehicle that plate should be attached too. The actual ownership certificate is never in the vehicle, it is home in the safe. Maybe the vehicle is owned by Dr.D they have noway to know by the registration papers.The following article alerted me to what maybe the reason for the strange requested info. They aren’t getting enough info on/from me?
The findings came shortly after another report into Boeing’s safety culture by an expert panel found a “disconnect” between senior management and regular staff, as well as signs that staff were hesitant about reporting problems for fear of retaliation.
Yes, that tends to happen when management decide to rape the company of all the money they can get, replacing their responsibilities to the customer with short term responsibilities to the share holder. Of course, the shareholder owns the company and they want maximum bucks, so the dark pools at Citibank and elsewhere pay the CEO huge salaries, they pay their management huge salaries, the management see the people who do stuff as simply a liability, then they treat them as trash and are quite happy to ruin their careers if they make the boss look bad. But why is this happening? Because the stock exchange is now the casino. Banks and investment funds now own all the shares, they then provide products to pass the benefits on to their customers, but the customers no longer have voting rights, so it all becomes about money …. this is one way the Americans fucked themselves in the ass.
“wife of deceased Alexei Navalny urges Russians to disrupt presidential election…”
Nothing says “Democracy” like…preventing elections.
“”Reduce Poverty Migration To Zero” – German Politicians Propose Crackdown On Migrants Sending Billions To Their Home Countries
Okay, only some of this is “Enforcing the law”. The other parts are perfectly normal immigration policy as shown over the last 250 years. How dare you.
“Supreme Court Rules Public Officials May Block Their Constituents On Social Media
Trump as the one-man exception to all rules: I thought this was settled BY the USSC in his case like 2017. As the #Opposite, as he’s essentially always public. AOC then defied the ruling, DGAF, a judge ordered her to, and nothing was done.
Thinking about the process and timing of NATO collapsing with Europe, then the flood that will backwash the US. We HAVE to do it this way, before reforming. Why? Because we’re not going to pay those $36 Trillion in bonds. If we admit have have stuff, we’ll be expected to pay in the restructuring. This is standard not cooking, but like arranging the books, your own records for a while before you go see the bankruptcy judge. (Also the reason we have to “War” with China. Just renege the bonds, then sue for peace the day after).
Maybe we don’t go full default but re-value 10:1 overall. …That would be the perfectly NORMAL. Like in 1970-80. Back to $3T on a $15T economy is very safe although we’ll have to double our real GDP to overcome the half of GDP that’s all welfare payments and bond-kiting. It’s fully possible though. It also has to be Biden’s and the Democrats’ the CIA and MICMAC’s fault.
See how on a deeper level it has to run this way?
Body Cam footage: “Thank you, Officer. Thank you for your patience.”
Again, the Capital is OPEN. They look like tourists, which are allowed for 200 years and are very common.
“Britain should consider conscripting citizens into the military to deter Russian aggression, Latvia has said…”
Latvia misses that UK is the world’s unhappiest country, far more unhappy than Latvia. What are the odds the nation’s most pissed off citizenry is going to sign up to fight instead of toppling Sunak at home? But Latvia is run by Dr. Doom, and he likes that sort of thing. Extensive history here: https://en.wikipedia.org/wiki/Latveria
“• Trump Warns of ‘Bloodbath’
I can’t believe we even have to discuss such things. Good thing we’re not on the edge of WWIII or nothin’.
Biden-Harris: So MLA Literary Guidebook, “Black” is capitalized but “brown” is not? Mr. Biden, why do you hate brown people so much??? Are you saying they’re not human? Not equal? That brown is less than Black? What?
I pick on details like this because, like their argument that women-who-wear-pants-hearby-become-men, none of their mental functions are coherent and all conflict, making them a danger to themselves and others. …Especially brown people. As demonstrated by bombings worldwide until they ran out of bombs. …Under Obama.
“• US Is Not A Democracy – Putin (RT)
Not if I’m correct. If I’m correct it’s being puppeted by a tiny cartel of rich insiders. …Except those insiders are White Hats with a pretend Biden, and I still object. I don’t care who’s doing it or their intent, it’s illegal and immoral. If I could figure out a way, I would fight you. …However, I seem to be slow out of my chair to stop them when they’re finally hammering through my countrymens’ thick skulls. Esp GenZ
“the US administration is using all its power and resources to attack one of the presidential candidates, apparently referring to former president Donald Trump, who is facing a litany of lawsuits despite being the frontrunner”
Biden said this is illegal. You can’t even ASK about a RELATIVE of a man who ISN’T a candidate and has no reason to think ever will be, raising 5% in the DNC Primaries. Remember? That’s “Election interference” to ask about family members of non-candidate insiders. Ze could just have said “Whoops! I forgot to look.”
“• West’s Aggression Unites Russian People Behind Putin (Sp.)
Again, Putin (or someone?) has said recently that the reason they’ve been so successful is long, careful planning. …The U.S. under TRUMP put in the strongest sanctions ever, adjusting them in time for the war sanctions. The war was prosecuted by Nuland, who is the most epic failure in State Dept history, and this attack on Russia yesterday – that nobody heard about – was the stupidest, most failed military charge since General Custer at Little Big Horn. …Essentially thousands of men, material, Bradleys, engineering equipment, helicopters INVADED RUSSIA PROPER, and bounced off like spitballs. They were trying to attack, occupy, and blackmail a NUCLEAR FACILITY inside Russia as “leverage” to just…surrender, I guess?
This is almost certainly Nuland’s “Plan” and “Surprise” she promised Putin on the election, and what she got fired for. Not only are they about 500,000 men short of such an action – if they’ve read Napoleon – but the Russians knew they were coming of course.
Anyway, having failed failures who fail, who fail serially, constantly, reliably, is the prime way to INSURE Russia wins. Attacking Russia INSURES Russia wins and becomes united under “Putin” for a generation. Trickling in weapons INSURES Russia wins. Escalating at a snail’s pace INSURES Russia wins. Conclusion: the Federal Government has been acting since about 2017 to insure Russia destroys NATO. …And our liability there, where empire can finally end and it won’t be “Our Fault.” Huh. Funny old world.
…America First, anyone? They’ve outplayed the globalists. You can read it another way, but the world’s biggest string of coincidences, wouldn’t you say?
“• Putin’s ‘Dedicated Work’ Added to Reinvigorated Russia – Scott Ritter (Sp.)
Since we’re “Closing the Collapse Gap with the Soviet Union” this is what’s going to happen to us over the next 25 years. We look at the rich, entitled people because they’re online and Algo’d, but like Russia in the 90s, every real person coast to coast is already beaten daily like a rented mule. Eating canned soup in an apartment they’re getting evicted from. This is creeping up even into every enclave as rich college kids go bankrupt with their rich, entitled Apparatchik parents. Whose houses are being broken into by organized criminal gangs as a written, multi-billion dollar business plan. And everyone’s on drugs, sold by the same people. Whose daughters are on OnlyFans, run by the same people.
Like “Friends” of the 90s, where they own a penthouse apartment as baristas there’s the American illusion and the American reality. Look to Oliver Anthony as the reality: 20 years minimum wage OT gets you 10 acres and a trailer with no access road. Own nothing but a 30 year old truck and an iPhone, from Elizabethtown to Sacramento. Everything else is owned and run by corrupt oligarchs doing crack with Hunter.
Which America, which Russia does that sound like? Yeah, like Russia in the 90s. “Don’t Believe the Hype” – Chuck D 1990
“Trump: Ukraine must pay us back”
He’s being disingenuous. He knows it’s all sold to BlackRock and Monsanto. So they are the “Us” getting paid. However, private companies, European-facing.
“Sensitivity training means one thing only: that a white person must accept that compared to “people of color” you are a second class citizen.”
As we say here, this is “Critical Theory”. Marxist Theory applied. One are the “Oppressed Workers”, one are the “Bourgeois”. They must erase religion, the opiate of the masses, overthrow the Patriarchical power, and “Seize the Means of Production” that is to say, all the wealth and good stuff you worked hard to accumulate. 1st Class, 2nd Class citizen, morally, legally, functionally. I fail to see how that isn’t identical here. Why? Because it works, so we ported it over to see if it would work again. Marxism is just a port of Catholic religion though. Why? It worked to control people for 1,000 years, so we ported it over to murder all kings and set up bank oligarchs. America doesn’t like class, so we ported it to race, it worked in test samples, so we ran with it.
What are the next boring, 200 year old, textbook Communist moves? This: taking over, dividing, demoralizing the military. And everywhere else in culture. Make Russia, Germany, France, the greatest cultures known, all self-hating so they murder their neighbors and starve to death. Hahahahaha! #Winning! We’ll kill another 100 Million yet!
Critical. Theory. These guys are morons. It’s very, very simple. So if they’re that dumb and it works, what are you?
“EU ‘Peace’ Fund” Yup, you knew if they opened mouth, lie would come out. If they said a thing, it would be the #Opposite. 100% of the time, every time. Since they do this right in front of you, how dumb are you to believe it? STOP OBEYING. Stay home. Don’t buy that Amazon. Don’t deliver to NYC.
““pizzazz”, and a reputation for being a tough prosecutor,”
Yes, tough against innocent black children.
“• Only 15% of F-35s May Be Combat Capable (ET)
That’s ridiculous. The “Flying Penguin” isn’t combat capable even off the assembly line. “A Camel is a horse made by committee.”
Anyway, I don’t know what standard jets are, but it’s like 1 hour maintenance per hour flown? 2:1? WTF? This was similar to the Abrams, like 1:2 but still terrible, unsupportable, unworkable, implausible. The artillery was the same, although maybe like 100:1 to rebarrel, it can’t be done in the field and is like 10x more fragile than a Russian piece.
Okay, think of that in modern war: 100% of your jets are in the repair shop each day. Russia can see and reach them from space, 24/7. This isn’t the 60s, you f—ks. Like all Ukraine, where exactly do you think you’re going to be toddling over to the coffeemaker in a clean dry hanger with a plasma wrench? And repair parts only made in one shop in one factory in Seattle, a world away? Jesus like I have to be the one to say these things out loud. “Water is Wet.” “Time Exists.” “Your gun needs to fire.” We don’t’ disassemble and rebarrel your M16 every third shot…YET.
“because they have been left without medicine amid gang violence, The New York Times reported”
Sounds like here. Also we can’t really tell since it’s “The Gangs” which are taking over are the new government. “Gang” violence may be “The government-in-exile is returning” or it could be actual common criminals. Since I’d expect a duck to talk before reading truth in the NYT, we won’t know until some Gonzalo Lira appears there with a daily blog.
““The problem is that all of the land in New York, in the United States, is stolen Indian land.”
Like Critical Theory, Original Sin, I used to believe this as everyone does. But it is false. It was written, so it’s false. “Scientists” believe it, so it’s therefore false. We just covered the Puritan Thanksgiving, where the TRIBE was with the English to get protection from the INDIANS. That is to say, they were sworn, written, entreatied allies for 100 years. This is actually pretty common. As like Aspnaz, YES a lot of actual appalling theft went on. But a lot of it didn’t too, and there’s a difference.
In King Philip’s War, 1675, what did the tribe think when they declared open, legal war on the Colonists? Yes, that if they won, they would by law of conquest, steal all English land and drive them into the sea. They were about the same strength, in fact, early on, both cultures are remarkably similar from our perspective, like Scotland, both living in longhouses with open fires on the floor. — As did Japan, Norway, etc at the same time. https://en.wikipedia.org/wiki/King_Philip%27s_War And? The colonists won, and did to Philip what he said he would do to them. That’s war, isn’t it? Or should we win and give everything back anyway? Like the West thinks should happen in Ukraine? Winning = Losing. #Oppositeland!!
“The Oneida people, the justice claimed, had no special rights in land they had inhabited for thousands of years”
This sentence, like everything in this article is completely false. The point of like Plymouth is that NO ONE WAS THERE. The locals found out and were like, “I don’t care. Everyone I’ve ever known is dead and we’re not using it.” Like most/all tribes the Oneida were considered a sovereign country, nation, and people, which is something we don’t believe in even today. They had offical F-ing ambassadors taking residency back and forth like to Denmark and Poland. Their recognized nationhood could not possibly be more apparent to anyone who’s read a book ever. …But no one of this generation has, so they just “Make s—t up.”
Guess what? After trying valiantly to to be neutral for 200 years, the pressures finally broke this working plan and caused them to sign in with the Crown. And they promised? Yes, the King promised if they won, he’d give them all the white lands out to I dunno, Albany or something. And they lost. So…? And then the Opposite happened. The Rebels instead took all the land out to Ohio. But I see when you’re in a war, it’s heads I win, tails you lose. The combined confederacy had the largest army in America, larger than the King’s and Washington’s, and they signed as an enemy combatant. Now. If you want to follow some accuracy here, no sooner had they won that legally than they signed they would do X and Y. That is, stole all Cornplanter’s Reservation specifically given by George Washington himself, and treating the Onondaga, who took the other side and were Washington allies, the same as the Tory Oneida and Seneca. Now most of THAT was illegal. But again, that makes every word of this article dead-false, knowingly so. Read a book.
““The culture at Boeing has been toxic to trust for over a decade now…”
Apparently they murder their own employees in public, so Ya think?
“What’s the moral of this story?”That Kids are awesome! That was the moral for me. Also if he had four bothers he’d waterballoon them instead. Think strategically.
MilliMinute: A measure of deaths over time, The number of Gazans Aspnaz thinks are being killed now that we no longer care about accuracy.
PalestiniTonne: The number of Gazans who are actually being killed, which are not not enough to care about unless it’s the inaccurate number above.“Of course, the shareholder owns the company and they want maximum bucks,”
Actually, this is not an “of course”. The shareholders ARE the owners, so if Boeing goes under, they lose. They can, however, be reckless and stupid if they want to, they are humans, after all, and I can’t outlaw being stupid. Now WHY, after 100 years of stock-companies, did they SUDDENLY decide one day to be short-term and stupid? A: Inflation. Unlimited money-printing by a government-protected cartel of financial insiders sends signals to everyone that “Hard work doesn’t pay.” At all. Ever. Corruption and financial engineering, casino-hopping pays. Ask Oliver Anthony vs the crypto kidz which pays. That leads to short-termism and pillaging speculation 100% of the time in all human history. So ask your government.
Shareholders, if they wish, can rein in every bad company on earth. The bad boys would have to find a new method and go around them. What’s happening is, the people are so lazy, so stupid, so abdicated all duty, that they buy only in Trust Funds, ETFs, where BLACKROCK then votes for what movies DISNEY should make next year, instead of you just owning the stock directly and voting yourself. …As an owner does. Who behaves like an owner. YOU. Then Blackrock, in collusion with Morgan and the DTCC, creates 30% more stock than actually exists to make sure the Board of Directors do what they’re told. It’s election-rigging, and it’s also illegal. In like 10 ways. The stock owners don’t care, or they would take the SIMPLEST steps of owning their own stock, and voting, to end it. …Even before going up to trillion dollar lawsuits to Morgan, Vanguard, and erasing the DTCC. They won’t, so what do you want from me? If they’re corrupt down to every man, are you going to be more moral than yourself?
Everything is somebody else’s problem. Everything is somebody else’s fault. And this isn’t at you, Aspnaz, it’s like burrowing out and expanding a detail we all say daily.
But for example, what happens if you know there is fraud in your company and industry? Stop participating. Legally, you must. Or you’re complicit and accessory to a felony. When no one is left in the industry, it reforms itself to survive. For example, cattle trader Ann Barnhardt, on seeing MF Global mix funds, and Jon Corzine walk away with applause, then raise money on his good name for the DNC, she closed her practice. Why? EVERYTHING IN THE MARKET WAS NOW RIGGED. There were no rules at all in any commodity. That means RISK IS UNLIMITED. What does that mean for her? She cannot legally and morally advise clients to put all money at unlimited risk as a fiduciary. It’s the same as recommending you merge bank accounts with Al Capone.
And? She was the only one. Every other broker/trader (all Boomers) merrily continued on, now at unlimited risk and no rule of law. That’s the “Red Button” Solari talks about sometimes. So? The system didn’t get reformed, because YOU DIDN’T REFORM IT. The Comex didn’t have the equivalent of the Trucker’s Strike. They love having their money stolen by mass-murdering pedophiles, so who am I to stop them? Fund those guys with infinity money since you like complaining so much.
You think the Chinese would put their money at unlimited risk for no potential? Chinese markets suck and are corrupt, but at least they behave and factor in they’ve merged bank accounts with Al Capone and act accordingly.
STOP HELPING. It all stops when you stop helping the Bad Guys. Stop enlisting. Stop participating. Choose ethical companies. Stay home. You’d think it would look like this if the Amish were running it?
Dr D said
Actually, this is not an “of course”.
Except that these days the share owner is the bank, not the individual who goes to his bank and asks to buy a bunch of shares. The vast, vast majority of shares are owned by funds, banks and othe rinvestment houses, they do the voting, the person who paid for the shares and takes the losses does NOT own the share, that is why they are called dark pools. So, you go to JPM and buy 100 boeing shares, you will get that added to your investment portfolio, but you ask the share registrar which numbers are your shares and they will kick you out. You go to an annual meeting and they will kick you out. You take the risk, you take the profit, but they take control over the company. Get with the modern world Dr D.
About “the Kamal” being “urged to step down”, the weird movie trailer where the POTUS is bioweaponed and the VP steps in does have a female VP, but it is not the Kamal, because it doesn’t cackle.
Sasha Latypova, Moderna is substantially expanding manufacturing capacity, despite low demand for their mRNA poison…
Moderna is building manufacturing facilities in many countries, much more capacity than they had for covid shots. [Why, pray tell?]
https://sashalatypova.substack.com/p/moderna-is-substantially-expanding Sasha linked to this Aussie site: October Surprise: ‘Bioterrorism’? Should we fear the WHO – or the USA?
The trailer for the new “Biodefense” movie – just released by Washington D.C! – is summarized on YouTube as follows :
After the President is incapacitated due to a bioterrorism attack during a National Security speech, the Vice President must step up to lead a unified response as the biological threat quickly spreads across the country.
Put in context, does this official 2024 “movie trailer” brought to you by Senator Lieberman and his biodefense co-commissioners – depicting a “bioterrorism attack” and subsequent epidemic across America this fall – prophetically predict the impending “next pandemic” that Bill Gates and Co repeatedly warn about?
Is this “the next phony baloney crisis to put Americans back where they belong”, to quote the “Center for Disease Disinformation” guy from The Simpsons?
https://democracymanifest.substack.com/p/october-surprise-bioterrorismI must side with aspnaz that “Financial asset markets” are a casino and people who take financial risk and have a claim to a percentage of profits are not titled-owners at all. Ellen Brown:
Casino Capitalism and the Derivatives Market: Time for Another ‘Lehman Moment’?
They are beginning to militarize the transportation system starting in NYC with the subway, then Philadelphia and spreading to any other majority Blue States first.
Bus systems will be next. Martial law as needed in baby steps.
When the word go down for the millions of illegals of military age to start chaos and mayhem, the National Guards in Blue States will be told to stand down so as to wind up the murder and madness to a fever pitch.
Red States will not follow, they will be islands of law and order.
Other things like the electric grid and water systems and highways could become unusable with relatively little effort.
Hell, Duh’merica’s infrastructure barely functions in many states as is.
The election will be “postponed” until “order” is restored.
For god sake, the Overlords are telegraphing this in their clumsy ham-handed way right now.
So even if elections can go off relatively smoothly in Red State, they can’t in Blue States so no electoral vote majority can be achieved.
Simple as that.
I just said. Stop participating. If 85% of owners said they need registered in their name, they’d be run over. If they refused, the market would be discredited. No one will even ask.
If they were discredited, all money leaves stock shares, their market falls they go broke, can’t HFT rig, and say Goulds Pumps starts issuing shares directly off-market, privately. People fear both stocks AND the US$, leave them, and buy gold. Like has happened every other time in the known universe.
Let the bank try. THEY ARE MY AGENT. If I refuse to en-Agent them as my financial fiduciary and invest in local town houses instead, they can get stuffed. They’re screwed. They have no business model, no profits, and collapse. WE are in the drivers seat. WE are in charge. And not only are WE the financial market, WE are also the government.
That’s why I used the Amish as an example. Why are they getting rich hand over fist and expanding? A: No JP Morgan. No Sachs. If they want a barn raised they loan it themselves, to themselves, and they take their own interest. YOU can do this. THEY cannot stop you. YOU can buy with cash, not card. Heck, you can own crypto and make 1,000% in “DogWithHat” coin. But you won’t so why complain? Clearly you all love it more than your mother, so kiss Citi on the lips for me.
I guess the modern thing is, “Everything Old is New Again.”
Count and Compare
disinformation and misinformation propaganda campaign against former President Trump.disinformation and misinformation propaganda campaign against Putin.
Find Peace
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https://sputnikglobe.com/20240318/wests-aggression-unites-russian-people-behind-putin—ex-us-state-department-analyst–1117396141.htmlWest’s Aggression Unites Russian People Behind Putin – ex-US State Department Analyst
“This is a great day for Russia,” …. One, Two, Three, …..
Recent revelations of longtime CIA involvement with the Kiev regime have since proven the Russian president’s claims.
A fierce information war has been waged against Moscow in recent years, with observers saying the West’s attempts to discredit Russia’s presidential election represent the latest intensification of the campaign.
——————Vladimir Zelensky is one of the “greatest salesmen” he has ever known, – Trump
———
read the fine print,“They [Estonians and other EU members] are sending their scraps to Ukraine and later buying brand new war materials for themselves, using EU money,” Politico writes.
https://sputnikglobe.com/20240317/european-peace-fund-stoking-war-in-ukraine-as-scheming-eu-governments-take-advantage-1117385528.html
European ‘Peace Fund’ Stoking War in Ukraine as Scheming EU Governments Take Advantage
———–
Pulitzer Prize-winning WaPo politics columnist Kathleen Parker subjected Vice President Harris to sharp criticism this week.inane, rambling remarks and a laugh that erupts from nowhere about nothing obvious to others.”
Former Secretary of State Hillary Clinton, … may try to return to politics if Biden and Harris completely lose steam.
—————-
Path to green transformation with no carbon energy
living in longhouses with open fires on the floor.Tay-Sachs Disease discriminates against the Jews….Ashkenazi type and…….wait for it…… the Amish, far less so, but an odd “connection” nonetheless. Autosomal recessive requires inbreeding to express those recessive genes in an unfortunate individual. However I haven’t mentioned the Catholics yet. There I just did.
Inborn errors of metabolism and lysosomal storage diseases. Can someone else expound upon the health of Amish children and their culture’s recent discovery of neocapitalists methods? I’d like to compare your data to the direct observation of my neighbors.
A 26-year-old Haitian national has been charged with raping a 14-year-old girl at a Massachusetts hotel being used to house illegal immigrants under the Gov. Maura Healey administration.
Cory Alvarez was arraigned on the charges of child rape on Thursday, March 14, at the Hingham District Court. The alleged assault took place at the Comfort Inn in Rockland, according to a press release issued by police. Rockland is located about 22 miles south of Boston….
Lt. McDonald said that Mr. Alvarez, the victim, and her family are among the illegal immigrants being housed at the Rockland hotel.The attack in Massachusetts has drawn national outrage with some levying blame against President Joe Biden for it.
“Biden flew this illegal dirtbag into our Country,” Congressman Tim Burchett (R-Tennessee) wrote on X. “No border, no budget. Shut it down.”
https://www.zerohedge.com/political/haitian-national-arraigned-rape-14-year-old-girl-massachusetts-hotelFor real?
RFK, jr picking the ex mrs Brin?@Zerosum & V. Arnold: Do explain about the dots in the circles, please.
I had forgotten most of the following.
https://en.wikipedia.org/wiki/Circle
A circle is a shape consisting of all points in a plane that are at a given distance from a given point, the centre. The distance between any point of the circle and the centre is called the radius.
The Egyptian Rhind papyrus, dated to 1700 BCE, gives a method to find the area of a circle. The result corresponds to
256/81
(3.16049…) as an approximate value of π.[3]I can’t really see what’s so appealing about RFK Jr’s VP pick Nicole Shanahan Other than being a beautiful billionaire Chinese spy with a successful side hustle of fucking multi-billionaire Tech Tycoons, and who’s grandfather’s family owned Macau, China, she’s just another plain vanilla no-where girl who raised herself up from food stamps and waitressing to become the richest VP Candidate in American history, and the youngest, too, by a healthy spread of 25 years.( Kamala Harris, at age 59 has been the youngest so far).
Go figure.
@Zerosum:
The dot need not be the center of the circle, and circles overlying other circles are still circles. Those did look like circles to my unaided eyes.
Are they not?@DBS: She seems like she has no real applicable experience to be VP, huh? What’s special?
Money, just money? This is very odd. RFK Jr. needs a VP choice who is also palatable to the Libertarian Party, since he will probably have to be the Libertarian nominee to get on all 50 ballots (at this rate).The invisible bottleneck in AI is not the hardware and software. It is the data. AI systems require almost incomprehensibly vast streams of data in order to interact with an ever changing real environment. Any exponential increase in AI functionality will of necessity require even MORE exponentially vast increases of raw data input.
That can’t happen, because the hardware and software requirements for gathering and directing the increased data gathering and processing will always (indeed MUST) become larger and more demanding at a rate that is exponentially faster than the AI hardware and software can grow its ability to manage the increasing data flow.
I don’t think there’s any way around that math. For example, consider how many TRILLIONS of man hours, dollars and data bits that it has consumed so far, just to reach the pathetically clunky, delicate, error prone and fantastically EXPENSIVE AI/Robotic crap that is SOOOO bad that it can only be “showcased” by stage magicians using heavily edited video and seriously manipulated simulations?
I call bullshit on the whole AI claptrap dog and pony show. That shit don’t work for shit, and its only getting worse. It’s a scam, folks. A bubble. A con.
John Day
Pretend that you are an ant walking around a shape of your choice.
Will you be able to always be an equal distance from the center of that shape that you chose?Making Assumptions https://drjohnsblog.substack.com/p/making-assumptions
Bye-bye Carbon, The Honest Sorcerer
UK emissions in 2023 fell to lowest level since 1879. But why is that so? Are we on a path to a green Nirvana, or something entirely different is going on? …
..Missing entirely from the conversation around both emissions and economic growth is the fact that this is what happens when a country is running out of cheap and easy to access carbon, like easy to mine coal, or oil and gas gushing out from a well. Take a glance at the chart above once again...
..The sudden rush of oil from the North Atlantic however, could not possibly counterbalance the then already ongoing deindustrialization of the island nation, and thus only made a few people richer. North Sea oil duly produced a smaller secondary peak in emissions, something which eventually fizzled out during the early 2000’s when all the rich pockets of oil started to produce that ominous slurping sound.
UK emissions are in a free fall ever since. The reasons were the same with coal: energy economics. While there were plenty more hydrocarbons beneath the North Sea, they were found in ever deeper, ever smaller, ever more remote pockets — requiring drilling more wells, more frequently. The energy needed to be invested into (and payed for) obtaining them simply did not, and will not be worth it...
..78% of Britain’s primary energy still comes from fossil fuels, mostly oil and gas. Mind you, it could not possibly be in any other way: “renewables” are an intermittent source of electricity, and thus wholly unable to power agriculture and transportation, let alone the manufacturing of steel, cement, plastics or fertilizers — the four pillars of civilization — which Brits still use in large quantities…
..As an iron law of modernity, a fall in CO2 emissions equals a fall in real economic output; leading to the same process what we can observe now all across Europe in general, and Germany in particular. An economic decline, which could be masked only temporarily by globalization, and an overvalued currency propped up by foreign investments in the banking sector, or an increasingly financialized economy. This is why oil consumption has a statistically perfect correlation with GDP…
..Shutting down industry, then importing everything which is necessary to maintain modernity does not solve a thing…
..We are facing a world-wide affordability crisis when it comes to hydrocarbons. Without going into excess debts (which has become all the more expensive with higher interest rates) not even rich nations like the UK could afford to by more oil and gas. Smaller ones are already being bankrupted by these forces, as we speak...
..It looks like oil majors are playing a game of ‘last man standing’. Instead of investing in oil exploration and expanding production, they are buying up each other’s resources in the Permian (a now maturing shale play) and the Starbroek near the shores of Guyana... In fact, these two plays are rather the exception than the norm; for the rest of the world production struggles to remain flat. The Starbroek and the Permian are the last two remaining areas where oil production could be grown for a relatively modest investment…
..Simply put: we have run out of the easy to access stuff, requiring low to modest energy investments to get...
..The issue with deep water (as you might have already guessed) is that such oil takes much more energy to obtain: cannibalizing most of the gains made by opening such a field…
..Not everything is “oil” that is reported as such. Real petroleum production still remains below its all time high reached in November 2018. The additions are coming from natural gas liquids and other products which are absolutely no substitute for oil. It’s like reporting wheat production together with rapeseed harvests: one does not substitute the other…
..As easy to drill reserves deplete and are being replaced with ever harder to get resources, the energy cost of oil will keep on rising, and rising, and rising…
..So is it good news then, that while traditional petroleum production stagnate, we see a steady increase in ‘liquids’ production…? If you ask me, I see this as a warning sign that we have started to cannibalize our energy production, and turn everything into a liquid fuel to keep the economy from crashing…
..I cannot emphasize enough, that without diesel [which can only be refined from traditional “oil”] there is absolutely no modern economy — no agriculture, no mining, no transportation — and it has no real substitute... The ever increasing energy inputs going into creating this indispensable fuel — either through the relentlessly increasing energy cost of drilling or blending in more and more synthetic- and biofuels — will eventually lead to peak diesel affordability. This will mean, first of all, less long distance transport and trade, then second, more expensive minerals (making electrification and “renewables” even less possible to achieve), not to mention the innumerable shortages of just about anything from wood to grains, or from microchips to chemical products...
..It should not come as a surprise then that the much touted “renewable” and nuclear powered green economy remains hopelessly tied to affordable diesel (from mining resources to delivering everything on site), and other fossil fuels powering the creation of all the necessary steel, cement and the plethora of other technologies. These “new” energy resources are nothing but a desperate attempt to buy more time — to watch more cat videos while getting rich on Bitcoin…
..The fall in CO2 emissions, while good news for the future of the global climate, signals a turning point in the life of this civilization. The UK, Germany, and Europe in general are just the first canaries to kick the bucket in this rapidly depleting coal mine we call the ‘economy’…
https://thehonestsorcerer.substack.com/p/bye-bye-carbon “We’re One Event Away From A 1970s-Style Stagflation Explosion…”
“The years 2023-2024 look a lot like 1973-1974.”
The history books remind us,1973’s oil embargo shook the global energy market. It also reset geopolitics, reordered the global economy, and a multipolar world saw energy weaponized. After kissing 6% in 1970, in Q1 of 1973, inflation as measured by CPI danced just below 4%, much like today, central bankers were doing the Michael Jackson moonwalk in celebratory form. Then, in bloodcurdling fashion in late 1974, CPI breached 12%.
https://www.zerohedge.com/markets/were-one-event-away-1970s-style-stagflation-explosion Scott Ritter: Putin’s ‘Dedicated Work’ Added to Reinvigorated Russia
“Vladimir Putin was a product of the 1990s. He saw the reality of the 1990s and he understood that Russia could never allow itself to go back to those times. He understood that if Russia didn’t break free of the path that it was headed on during the decade of the 90s, there would be no Russia,” Ritter concluded.
https://sputnikglobe.com/20240317/scott-ritter-putins-dedicated-work-added-to-reinvigorated-russia-1117362285.html German Lawmaker In Blistering Ukraine Speech To Parliament: “Have You All Lost Your Minds?”
Sahra Wagenknecht was long well-known as one of the leading members of the Left Party (Die Linke), but currently she’s head of the recently formed Sahra Wagenknecht Alliance – Reason and Justice. She recently gave a stirring and rare, courageous speech warning against the German government being on the warpath with Russia, also as a handful of European leaders, with France’s Macron leading the way, even contemplating sending Western troops to Ukraine as a viable ‘option’.
“Have you all lost your minds?” she questioned members of the Bundestag. She said in the speech: “The Scholz government has already crossed one red line after the other. In the meantime we reached the point where German Air Force officers calmly debate how to destroy Russian targets with German cruise missiles…” She continued, “The scandal is that we have reached a point where it has become normal to have such debates.”
Wagenknecht went on: “Our grandiose military experts from the Greens have been telling us for two years now what ‘game changer’ we have to deliver next so that Ukraine can win this war.” The hawks “dream” about using German missiles to “destroy ministries in Moscow,” she said. “And when the pope speaks out against this madness, saying that Kiev should negotiate rather than drive the country to suicide, he was called a ‘Putin troll’.”
https://www.zerohedge.com/geopolitical/german-lawmaker-blistering-ukraine-speech-parliament-have-you-all-lost-your-minds US is not a democracy – Putin
The US has become a global laughing stock by criticizing democratic processes in other nations while suppressing a presidential candidate in its own election, Russian leader Vladimir Putin has claimed.
Speaking to journalists in Moscow early on Monday morning, shortly after preliminary results indicated he would be reelected with 87% of the vote in the Russian presidential election, Putin stated that the “whole world is laughing at what is happening” in the US.
“We are behaving with more restraint than their opponents in other countries, but this is just a catastrophe, not a democracy – that’s what it is,” the Russian leader added.
Putin claimed that the current US administration is using all its resources to attack a candidate for this year’s presidential election, seemingly referring to Donald Trump.
https://swentr.site/news/594400-putin-us-elections-democracy/ 7/31/15 , Jimmy Carter: U.S. Is an ‘Oligarchy With Unlimited Political Bribery’
The 39th president said the ‘Citizens United’ ruling ‘violates the essence of what made America a great country in its political system’
https://www.rollingstone.com/politics/politics-news/jimmy-carter-u-s-is-an-oligarchy-with-unlimited-political-bribery-63262/ ‘Burden to Democratic Ticket’: Kamala Harris Urged to Step Down Ahead of 2024 Election [So Hillary goes in? What will Harris be offered for that move?]
A Washington Post editorial called on the US vice president to step aside as she has become a “burden” to the Democratic ticket.
https://sputnikglobe.com/20240317/burden-to-democratic-ticket-kamala-harris-urged-to-step-down-ahead-of-2024-election–1117389568.htmlUNICEF Says Israel Has Killed Over 13,000 Children in Gaza
The agency says many are suffering from malnutrition and do not ‘even have the energy to cry’ Human Rights Watch called for international sanctions on “Israel” due to its non-compliance with ICJ orders to prevent genocide.
“States must impose sanctions and an arms embargo on Israel, to compel it to comply with the order issued by the International Court of Justice,” the organization wrote, noting that “Tel Aviv” has failed to comply with the court’s orders and has not worked to deliver aid and basic services to Gaza’s residents.
https://english.almayadeen.net/news/politics/human-rights-watch-calls-for-sanctions–arms-embargo-on–isr Israeli PM adamant on invading Rafah despite world pressure
Israeli Prime Minister Benjamin Netanyahu said on Sunday he would keep on with the military campaign against Hamas in Gaza, where aid agencies say famine is looming, while ceasefire talks were set to resume. Netanyahu told a Cabinet meeting that Israel would push into Rafah.
https://www.arabnews.com/node/2478181/middle-east Egyptian President Abdel-Fattah al-Sisi said Sunday his country will not allow the forced displacement of Palestinians from the Gaza Strip. (“Not allow” how?)
Sisi held talks with European Union Commission President Ursula von der Leyen on the sidelines of an Egyptian-European summit in Cairo.
“Egypt rejects the forced displacement of Palestinians to its lands and will not allow it,” the Egyptian leader said as cited by a presidential statement.
Sisi also underlined the need for a cease-fire in the Gaza Strip.
https://www.aa.com.tr/en/middle-east/egypt-says-won-t-allow-forced-displacement-of-palestinians-from-gaza/3166847 Archbishop Viganò: ‘The Globalist Cabal Want To Establish the Kingdom of the Antichrist on Earth’
‘These murderers will soon find themselves answering for their crimes, if not before the tribunal of the world, then certainly before God,’ Archbishop Carlo Maria Viganò wrote.‘The Globalist Cabal Want To Establish the Kingdom of the Antichrist on Earth’
UK Advises Ukraine to Stay on Defensive in East and Focus on Targeting Crimea
British soldiers are in Ukraine helping fire Storm Shadow missiles, which can hit targets deep inside CrimeaUK Advises Ukraine to Stay on Defensive in East and Focus on Targeting Crimea
Ukrainian forces have ramped up attacks on the Russian city of Belgorod, across the border from Kharkov/Kharkiv, using western missiles with cluster bombs on civilians, to force Russia to attack in the northeast, not in the Odessa region, which would land-lock Ukraine.
Putin allowed the creation of a sanitary zone in Ukraine due to attacks on the border area
President Vladimir Putin admitted that, given the “tragic events” associated with the shelling of border regions, Russia “at some point” will have to create a sanitary zone in Ukraine. This is how he answered the question of whether he considers it necessary to annex the Kharkov region to the Russian Federation in order to ensure the security of the Belgorod region.
Vladimir Putin said that he is not ready to talk about plans to annex certain territories. “It may become necessary to create a security zone, which will be quite difficult to overcome using the weapons that the enemy uses, primarily foreign-made,” Mr. Putin told reporters.
https://www-kommersant-ru.translate.goog/doc/6578669?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wappDane Wigington, Geoengineering Watch:
“Severe storms bring heavy snow to the Rockies and baseball-sized hail to the Midwest” (NBC News). Chemical ice nucleation cloud seeding operations are a core component for unstable air masses and massive hail. Late this week snow was also falling in Arizona at above freezing temperatures while it was raining in north eastern Canada. Does that make any sense from a meteorological perspective? The short answer is no, it doesn’t, unless geoengineering is considered. “Fruit chaos is coming”, that new headline from the Atlantic is referring to the crop crushing effect of record warm temperatures immediately followed by freak flash freezes. This devastating scenario is occurring all over the world. Is it just the result of nature? Or something else altogether? …
..During the build-up of coalition troops in Saudi Arabia the Air Force flew tankers at high altitudes over Iraq (shortly after taking out most of their ground to air missile defenses), and they created record shattering torrential rain in that desert nation, by tapping into a previously re-directed atmospheric river. The Republican Guard armored units were caught off-guard with traditional sand tracks on their tanks and sand tires on their artillery pieces. Plus, they were all hidden from view as they sat in massive dug-out trenches facing the Saudi Arabian front lines. Those trenches became flooded and most of their armored units became bogged down and could not move quick enough to defend against the well-planned coalition offensive.
Mainly because, the coalition forces moved under the cover of their heavy rain makers and GPS/radar jamming AWACS planes. Allowing them to attack from the rear of the dug-in Republican Guard forces. Their tanks and artillery units had also been modified with mud tracks and tires that scooped off the wet, heavy clogging sand masses and allowed them to move with incredible agility.
The largest tank and artillery battle in history was won by the Coalition Army (even though they were outnumbered ten to one), because climate engineering paved the way for a history making showdown in the deserts of Iraq.Geoengineering Watch Global Alert News, March 16, 2024, #449
Niger Severs Ties With US Military After Alarm Raised Junta Will Supply Uranium To Iran
Last year’s coup saw a military-led government come to power, which from the start signaled rough and uncertain times ahead for US-Niger relations. A Saturday statement by Nigerien junta spokesman Col. Maj. Amadou Abdramane said, “Niger regrets the intention of the American delegation to deny the sovereign Nigerien people the right to choose their partners and types of partnerships capable of truly helping them fight against terrorism.”
This charge of the US not respecting the West African nation’s sovereignty comes in reaction to recent Western intelligence claims that Niger has been engaged in secret talks and deal-making to grant Iran access to its uranium. US officials have also bitterly complained about Niger cozying up to Moscow.
https://www.zerohedge.com/geopolitical/niger-severs-ties-us-military-after-alarm-raised-junta-will-supply-uranium-iran Don’t drive a car that’s a snitch, right? And don’t look at your phone while you drive! Thanks Red. Smart Cars Reporting to Govt – Insurance Rates up 26% YoY
Car insurance rates in the US have spiked by around 26% overall in the past year. The government has been pushing for everyone to go electric and trade, spending tens of thousands more for an electric vehicle, which always comes equipped with monitoring software. Even older cars with basic features like OnStar have tracking devices that report your driving behavior to the manufacturers who share your data with insurance companies and, ultimately, the government.The Public Bank That Wasn’t: New Jersey’s Excursion into Public Banking , Ellen Brown [Risky private banks are blocking the formation of this public competitor.]
In 2017, Phil Murphy, a former Goldman Sachs executive, made the establishment of a public, state-owned bank a centerpiece issue during his run for New Jersey governor. He regularly championed public banking in speeches, town halls and campaign commercials. He won the race, and the nation’s second state-owned bank following the stellar model of the Bank of North Dakota (BND) appeared to be in view...
..The report recommends creation of a public bank as a successor to the SIIF but asserts that the public bank should not be a depository institution. This recommendation is repeated throughout the report. Many authorities confirm that a financial institution is not a “bank” unless it takes deposits…
..Experienced bankers make its loans free from board or political influence and from conflicts of interest. BND’s principal depositor, the state of North Dakota, by law must keep its funds in the bank, thus protecting BND from a run on its deposits. The Standard & Poor’s credit rating for the BND is A+/stable. The S&P report states, “BND has one of the highest risk-adjusted capital (RAC) ratios for rated U.S. banks.”
BND’s profitability has helped strengthen community banks and credit unions in North Dakota by making loans in partnership rather than in competition with them. In the Great Recession, it also bought loans from stressed local banks to prevent bank failures and keep the economy running smoothly. BND operates with very low overhead and stresses productive and local lending rather than lending to buy existing assets. The latter is the sort of speculative, nonproductive, bubble-creating lending engaged in by the giant commercial banks from which Gov. Murphy originally sought to divest. North Dakota’s revenues are safer in its own bank than in the largest Wall Street banks, which “insure” their capital with interconnected derivatives backed by rehypothecated collateral, a practice that the Office of the Comptroller of the Currency has declared to be “unsafe and unsound.”…
..Whether the final stage of New Jersey’s efforts will be a true public bank, as advocated by Gov. Murphy in 2017, remains to be seen. Meanwhile other states and cities are making impressive progress toward that goal. For updates, see the Public Banking Institute newsletter.The Public Bank That Wasn’t: New Jersey’s Excursion into Public Banking
Meryl Nass MD works to simplify the intentionally complex WHO Pandemic Treaty changes and International Health Regulation changes, which hand unchecked supranational global power to an unelected bureaucrat.
The WHO Director-General is about to become the World Health Dictator, unless we stop him!
The WHO’s 194 member nations are being asked to vote on two documents this May that will transfer unprecedented powers to the WHO. Here’s what is happening:
A new Pandemic Treaty is being proposed that would legalize worldwide use of experimental, liability-free vaccines, impose health censorship and much more.
Major amendments to the International Health Regulations are being proposed that give the WHO the power to impose worldwide lockdowns, vaccine mandates and much more.
If either one passes it will be a massive attack on our civil rights, Constitutions, and our national sovereignty and individual autonomy.
https://merylnass.substack.com/p/okay-editors-what-about-this-simplified Cancer deaths in the United States spiked in 2021 and 2022 among 15-44 year-olds “in large excess over trend,” marking jumps of 5.6% and 7.9% respectively vs. a rise of 1.7% in 2020, according to a new preprint study from deep-dive research firm, Phinance Technologies.
The report, which relies on data from the CDC, paints a troubling picture.
“We show a rise in excess mortality from neoplasms reported as underlying cause of death, which started in 2020 (1.7%) and accelerated substantially in 2021 (5.6%) and 2022 (7.9%). The increase in excess mortality in both 2021 (Z-score of 11.8) and 2022 (Z-score of 16.5) are highly statistically significant (extreme events),” according to the authors.
That said, co-author, David Wiseman, PhD (who has 86 publications to his name), leaves the cause an open question – suggesting it could either be a “novel phenomenon,” Covid-19, or the Covid-19 vaccine. [One cause is innumerably more likely than the other two, though.]
https://www.zerohedge.com/political/extreme-events-us-cancer-deaths-spiked-2021-and-2022-large-excess-over-trendConcerns regarding Transfusions of Blood Products Derived from Genetic Vaccine Recipients and Proposals for Specific Measures
https://www.preprints.org/manuscript/202403.0881/v1 Psychoactive drug ibogaine effectively treats traumatic brain injury in special ops military vets (Rewiring the human brain is disorienting and exhausting, though.)
Stanford Medicine researchers find that ibogaine, a plant-based psychoactive compound, safely led to improvements in depression, anxiety and functioning among veterans with traumatic brain injuries.
https://med.stanford.edu/news/all-news/2024/01/ibogaine-ptsd.html#:~:text=Ibogaine%20is%20a%20naturally%20occurring,in%20spiritual%20and%20healing%20ceremonies.@Zerosum: So you contend that there are no circles?
In that case there are no dots within circles depicted, but there appear to be circles, so one takes it at face-value or not.NATO in the Process of Dying – Larry C. Johnson – Nima
Hurrah!
The fish fish rots from the head down
Why does the U.S. Government want Jewish-faith-based individuals to exercise Corporate Governance over Tik-Tok the company?
What could possibly be the benefit to shareholders, monopolists, bank “agents” or the consumer public in such an arrangement between Tik-Tok and an exceptionally narrow segment of the world’s population?
Do the Amish not have the buying power and leadership/management acumen under recently acknowledged successful foray into capitalist endeavors?
Asking for a friend
Putin says U.S. is a Joke with No Democracy at All
Amen Brother!
I just like hearing it said out loud by a real world leader and historic figure
@JohnDay
Re Nicole Shanahan
That girl is a straight-up honey pot hot stuff ho-spy (albeit a high class good looking one) of the Cabal (Zionist, CCP, CIA). Based on her resume’ and statistics I reckon that she’s one their best, too. And not just hot stuff, either. Dangerous stuff. If RFK, Jr does choose her then he’s as good as compost if he gets elected. Those Kennedys better up their game if they keep insisting on playing in the Bigs with their eyes closed. What will the score be when Bobby Jr meets an untimely end? Cabal 5 Kennedy’s 0 ?
Dr. D said
I just said. Stop participating. If 85% of owners said they need registered in their name, they’d be run over. If they refused, the market would be discredited. No one will even ask.
I agree in principle but in practice that would not be easy.
Looking back on how we got here, I see all the trouble starting with Reagan (USA) and Thatcher (UK) who were around at the introduction of electronic trading, Nasdaq then NYSE and LSE, and who took that opportunity to deregulate finance, resulting in a huge expansion of the investment industry. Their problem was that they did not do a good job and the result is what we have now, a finance industry that is gambling on steroids, attracts the greediest brains, produces nothing of real value but is a huge GDP contributor, has been growing while the uncool manufacturing sector was exported to China.
I remember towards the end of the Thatcher years we were starting to see “outrage” at the massive increases in remuneration that some CEOs were being awarded by their shareholders. Why was this happening, why was a CEO who used to earn 500k per year suddenly worth 30 million a year? It was a trend but it was not the man in the street who was voting for this, something else was going on and it continues to this day.
Now all CEOs are receiving 500 times the pay of a lifetime shopfloor worker (the people who do stuff and live the consequences of their bad decisions) and 40 times the pay of the deputy CEO. After the Thatcher years we started to see that CEOs were starting to bounce between companies, loyalty to the company was now not a thing, these were not lifelong workers in the factory who had reached the top, no, some supermarket CEO had moved to some vehicle manufacturing company for more pay. Why was this happening, why were helicopter CEOs being put at the tops of these companies and who was voting for this, certainly it was not the little guy in the street.
The huge increases in transaction volumes mean’t that loads of people were making money out of finance fees, but the traders seemed to not care any more about p/e, instead it was all about price and the superstar CEOs were the ones who got the stock high, whether by lying in their reports (with the aid of their accountants) or through buybacks. Of course, during this time you will always attract more people into the now-huge financial industry, hence the rise of hedge funds and all sorts of dubious vehicles. As money became cheaper the price/earning disappeared entirely and it became all about the crowd and today’s headlines.
The operation of the company does not matter to the shareholders any more because the shareholders are gambling on a horse, at the end of the race they do not care whether the horse dies, only that it won the race and made them money. Companies are slow moving objects yet their stock prices can fly all over the place on a daily basis, not because they are earning less, but because the price is not attached to the performance of the company.
And guess what? The CEO’s remuneration is not tied to the earnings of the company, they are tied to the stock price. All CEOs these days are paid in stock options, they have huge salaries because that has put them in the pockets of the huge investment firms – Blackrock et al – and will do whatever they need to do to cash in on their luck. Running an excellent company does not matter any more, the company has to be good enough to keep people thinking it is as solid as it was before Reagan and Thatcher, but more importantly it has to be seen to be trendy with the crowd.
Musk is a genius CEO, not because he is able to build stuff with all that government money, but because he can play this game all day everyday. I remember Dr D once asking how does Musk manage so many companies and also have so much time for X? Well the answer is simple, his job is writing on X, his job is to keep his shares prices up there, he hires other people to setup and run the companies, he does not do that himself, his job is pure share marketing, making his brand popular so that the share price is obsurdly high. That way he is able to bring in funding for his companies and is able to build a loyal following of people looking for somewhere cool to park their money.
John Day said
@Zerosum: So you contend that there are no circles?
In that case there are no dots within circles depicted, but there appear to be circles, so one takes it at face-value or not.Dr John, I shall put you out of your misery. Read the title on the image very carefully …
How many circles contain the black dots
None of the circles contain all the black dots, so the answer is none.
I am just assuming this is Zerosum’s logic.
Dr D said
Everything is somebody else’s problem. Everything is somebody else’s fault. And this isn’t at you, Aspnaz, it’s like burrowing out and expanding a detail we all say daily.
Exactly. When I say that Americans fucked up America – you had a good thing going now look at it – I am not expecting any one, such as yourself, to fix it, what I am saying is that Americans fucked it up, nobody else did it. Kind of an obvious statement, but it is true despite people seeming to deny that they did anything. If people had demanded voting rights with their shares then manufacturing would almost certainly still be a big thing in the USA and CEOs would be earning something less than theft-level remuneration. What-ifs don’t fix it, but we cannot deny what has happened and hopefully learn from it.
JDay, Moderna is expanding because MRNA is now going into everything, a dental shot to numb your gums has it. Transhumanism via jewpharma. Musk, like Gates did’nt do shit, installed frontmen, well paid actors. playing a role. Intel agencies and the bankers that run them set up and run these companies. We are all in a theatrical illusion. The script written 100 years ago.
How many circles contain the black dots
* In reality there are no circles, only approximations of circles.
* And there is no black only and approximation of black.
* Is it even a question? There’s no punctuation. It could mean “How many circles? contain the black dots!”
* Which brings us to its real meaning: “How many circles built by black pixels for the benefit of mostly white pixels have a token black dot in them to assuage their white circle guilt!”
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