This is from Bloomberg, Oil Falls After Report Shows Bigger-Than-Forecast Supply Gain
It is not possible to have a weekly report of oil inventory barrels off by 8 million barrels. This is an obvious fraud. In this day and age of technology, it is not possible for Fred Flintstone to be off by 8 million barrels. Did we lose a couple dozen super-tankers? Were the tankers payment for something?
This 80 dollar fraud will crash naturally under the weight of the fraud. It will take down the oil companies. You did this to yourselves. You have no-one to blame but yourselves. I have no sympathy for those rich people who's business plan was based on how well they could lie their way out of such widespread fraud. You are the ones paying people to lie to you and take your money.
Shareholders will lose and the executives will walk. What do I care? I have no vested interest in oil. I just want to see shareholders prosecute executives for fraud. I want to see these people go to jail.
Wednesday, March 24, 2010
Wall street: Using Jails to Market Large Banks
This is from Bloomberg. Big Banks Begin Effort to Improve Image, Set ’Record Straight’
These people gambled our business industry away. They gambled countries GDP. They committed fraud and manipulation. The executives and employees who participated during the 0 decade should go to jail for major destruction of our country. They knew what they were doing. This was all based on greed.
The only way to 'Revamp the image of the economy' is to put these people, en mass, in jail. They broke their fiduciary obligation. White collar crime is far more damaging then any other crime but violence. White collar crime is massive scale theft. White collar crime will cause war and violence.
People will come along and try to make shit smell like roses.
This is another important story from Bloomberg. Rich Pumped for Fees in Banking Conflict of Interest
These people gambled our business industry away. They gambled countries GDP. They committed fraud and manipulation. The executives and employees who participated during the 0 decade should go to jail for major destruction of our country. They knew what they were doing. This was all based on greed.
The only way to 'Revamp the image of the economy' is to put these people, en mass, in jail. They broke their fiduciary obligation. White collar crime is far more damaging then any other crime but violence. White collar crime is massive scale theft. White collar crime will cause war and violence.
People will come along and try to make shit smell like roses.
This is another important story from Bloomberg. Rich Pumped for Fees in Banking Conflict of Interest
Wednesday, March 17, 2010
Expanding bandwidth
I listened to the FCC Chairman discuss bandwidth expansion. This is the first necessary infrastructure needed to begin Art 1. Sec 2. Cl 3. representation. I was impressed.
Wide distribution of infrastructure is necessary for our nation. Yes the network and security are already widely distributed through every router/modem, but we can build in EMR and Education into these devices.
These devices should be built in the US. We should have only our factories build these. For that extension of education to industry.
Wide distribution of infrastructure is necessary for our nation. Yes the network and security are already widely distributed through every router/modem, but we can build in EMR and Education into these devices.
These devices should be built in the US. We should have only our factories build these. For that extension of education to industry.
Tuesday, March 16, 2010
Wide scale fraud investigation
This paper was written by Amanda Griffin-Weil. She is studying to be a criminologist.
Fraud Investigations
"Algorithms are delicate; slight variations, quality of data, attention (or the lack of) can create data sets that subtly inform the model to display what the processor wishes to see. Analysts are in the unique position of only seeing what is there."
These ideas should be implemented for federal investigators. She explains this distinction in this truly important paper.
We can easily see fraud. We need to convert intelligence analysts into economic protection analysts.
Fraud Investigations
"Algorithms are delicate; slight variations, quality of data, attention (or the lack of) can create data sets that subtly inform the model to display what the processor wishes to see. Analysts are in the unique position of only seeing what is there."
These ideas should be implemented for federal investigators. She explains this distinction in this truly important paper.
We can easily see fraud. We need to convert intelligence analysts into economic protection analysts.
Monday, March 15, 2010
Wall Street failure continues
You cannot continue to allow Wall Street to gamble our business away. There are no changes being made to the system. This will happen again until CEO's realize They cannot make money through both ends. You either make money from your customers and give it you the shareholders in the form of dividends or you make money from your shareholders and give it to your customers as product.
You cannot have it both ways in one place. Wall Street employees should not know anything about raising capital for new or expanding business. That part of Wall Street should move to California or Florida. The Wall Street system domain should only include paying profits to shareholders. Anything else is a conflict of interest.
Insurance should move to Vegas. They understand risk/reward. These systems should move away from each other. They are inherently dangerous as a single unit. This single unit system is capable of causing war.
You cannot have it both ways in one place. Wall Street employees should not know anything about raising capital for new or expanding business. That part of Wall Street should move to California or Florida. The Wall Street system domain should only include paying profits to shareholders. Anything else is a conflict of interest.
Insurance should move to Vegas. They understand risk/reward. These systems should move away from each other. They are inherently dangerous as a single unit. This single unit system is capable of causing war.
Friday, February 19, 2010
Open Source Solution
The problem is that we need the Open Source model. But open source is guaranteed to decimate for profit solutions. Our school system (public and private) will need to be re-evaluated to use the Moodle, because Moodle will quickly replace current class systems.
The class model has already become a babysitting service. Education is secondary. Education money needs to be pushed into these new models. A DARPA model of how to directly fund these projects to their needs. If a open source project can gain funding from the government, the government can set goals and maintenance needs.
For HPC standardization is a requirement. I need to rest.
The class model has already become a babysitting service. Education is secondary. Education money needs to be pushed into these new models. A DARPA model of how to directly fund these projects to their needs. If a open source project can gain funding from the government, the government can set goals and maintenance needs.
For HPC standardization is a requirement. I need to rest.
Thursday, February 18, 2010
Debt vs. GDP
I just heard on Bloomberg TV that the tipping point for an economy is the debt of a country reaching 90% of their GDP. We are quickly approaching this threshold.
I would like to know how much U.S. debt, China sold off. Yesterday on Bloomberg, China sold US bonds to a level that they are no longer the primary U.S. debt holder. China sold 34b dollars of U.S. debt.
Now on Bloomberg, they just said that Greece is at 12% of GDP. The U.S. is at 10% of GDP. Confusing, Very Confusing.
Define GDP using wiki: GDP = Consumption + Investment + Government Spending + (Exports - Imports)
OR
GDP=C+In+G+(E-I)
The sales of debt is good for America. No longer is China the largest debt holder of U.S. Debt. Japan is.
I would like to know how much U.S. debt, China sold off. Yesterday on Bloomberg, China sold US bonds to a level that they are no longer the primary U.S. debt holder. China sold 34b dollars of U.S. debt.
Now on Bloomberg, they just said that Greece is at 12% of GDP. The U.S. is at 10% of GDP. Confusing, Very Confusing.
Define GDP using wiki: GDP = Consumption + Investment + Government Spending + (Exports - Imports)
OR
GDP=C+In+G+(E-I)
The sales of debt is good for America. No longer is China the largest debt holder of U.S. Debt. Japan is.
Monday, February 15, 2010
Gold (Specific Gravity) Standard
I have read in several places that there is a concern over counterfeit gold bars. This is the reason we are not on the Gold Standard. We cannot place the economy in the hands of gold.
If the value of gold is reduced because of a fear that it is not pure, then we will see a crash of everything. It must be well understood by the participants, that the economy is based on their production, not on the value of gold.
In order to have a stable long term economy we must reduce the value of gold. The only way to do this is Full employment. There must be an appearance that everyone is working on innovation. This must return infrastructure to all. The return of infrastructure is the only measure of innovation and pride.
There will be a point where it cost less to counterfeit the gold then it cost to maintain the stability. Then the value will crash. If the value crashes then there will be a loss of confidence in all governments and all systems.
Massive employment can be deployed without conflict by following Article 1 Section 2 Clause 3 1:30000 representation would almost instantly cause full employment. This will also provide the infrastructure to reduce error in the government. This will provide security, transparency, and redundancy. This level of representation would reduce cost, increase standardization and demand innovation. This level of representation is brilliant.
This is a choice. The next problem in our economy is gold. The only solution is full employment.
If the value of gold is reduced because of a fear that it is not pure, then we will see a crash of everything. It must be well understood by the participants, that the economy is based on their production, not on the value of gold.
In order to have a stable long term economy we must reduce the value of gold. The only way to do this is Full employment. There must be an appearance that everyone is working on innovation. This must return infrastructure to all. The return of infrastructure is the only measure of innovation and pride.
There will be a point where it cost less to counterfeit the gold then it cost to maintain the stability. Then the value will crash. If the value crashes then there will be a loss of confidence in all governments and all systems.
Massive employment can be deployed without conflict by following Article 1 Section 2 Clause 3 1:30000 representation would almost instantly cause full employment. This will also provide the infrastructure to reduce error in the government. This will provide security, transparency, and redundancy. This level of representation would reduce cost, increase standardization and demand innovation. This level of representation is brilliant.
This is a choice. The next problem in our economy is gold. The only solution is full employment.
Open Source disaster
Open source is causing a rip in our economy. It destroyed Sun Microsystems. The moment things become free, they have no value. If they have no value, then there is no reason to support them. There are mature systems that are essentially free.
Over time we will lose quality from a lack of people getting paid to develop open source systems.
Open source needs to be tied to paying developers before shareholders. Just because many developers designed and built these complex systems does not mean they should not be paid for their contribution.
The lesson learned from Sun was; Don't pay for something that is free. And do not open source your private work. Here is the rub, how do you pay for development into new technology if the open source model is not available.
Larry Ellison did the right thing. He was able to communicate this to the EU is a way that they understood it. He protected our world's society. If we had lost Sun, we could have crashed.
We cannot rely on necessity and innovation, planning must be involved.
It should be understood that Sun, IBM, Cisco, AMD, Intel, Google... need to immediately expand to develop the next level system. There needs to be further development and expansion of the system. This does not mean management. It means development and protection.
Innovation centers must be funded. Management centers need to be defunded. Management has been removed by current tools. It takes a few people to manage a large network of innovators. Sales has essentially been removed by the same tools.
Over time we will lose quality from a lack of people getting paid to develop open source systems.
Open source needs to be tied to paying developers before shareholders. Just because many developers designed and built these complex systems does not mean they should not be paid for their contribution.
The lesson learned from Sun was; Don't pay for something that is free. And do not open source your private work. Here is the rub, how do you pay for development into new technology if the open source model is not available.
Larry Ellison did the right thing. He was able to communicate this to the EU is a way that they understood it. He protected our world's society. If we had lost Sun, we could have crashed.
We cannot rely on necessity and innovation, planning must be involved.
It should be understood that Sun, IBM, Cisco, AMD, Intel, Google... need to immediately expand to develop the next level system. There needs to be further development and expansion of the system. This does not mean management. It means development and protection.
Innovation centers must be funded. Management centers need to be defunded. Management has been removed by current tools. It takes a few people to manage a large network of innovators. Sales has essentially been removed by the same tools.
Economic disaster system avoidance
There are several issues I have with the state of our economy. These issues should be taken seriously. These are as serious as missile defense or terrorism.
Our complex system has several weak spots, that if exploited would be disastrous. Tools need to be designed to make it impossible for there to be another serious bubble/attack. These are system level tools.
This site should be restricted. The ideas listed here are dangerous. It must be understood that these ideas are written to warn of possible attack on the world economic system. These are disaster level problems that need to be addressed or they can be used by terrorists. Everyone should be concerned about these issues. We must design safety systems to avoid these system level failures. In order to do this the problem needs to be described.
I was able to describe the real estate bubble/burst to several people before the event. I was able to describe the damage that would be caused by such an event. I wish to describe; first the problems, then the solutions.
The system is complex and so are the solutions.
Our complex system has several weak spots, that if exploited would be disastrous. Tools need to be designed to make it impossible for there to be another serious bubble/attack. These are system level tools.
This site should be restricted. The ideas listed here are dangerous. It must be understood that these ideas are written to warn of possible attack on the world economic system. These are disaster level problems that need to be addressed or they can be used by terrorists. Everyone should be concerned about these issues. We must design safety systems to avoid these system level failures. In order to do this the problem needs to be described.
I was able to describe the real estate bubble/burst to several people before the event. I was able to describe the damage that would be caused by such an event. I wish to describe; first the problems, then the solutions.
The system is complex and so are the solutions.
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