Showing posts with label politics. Show all posts
Showing posts with label politics. Show all posts
Sunday, May 31, 2020
HUMANS, RIOTS AND DNA
Deoxynbonucleic Acid. DNA for short. The fifteen letter word basically is long for acid . Acid is corrosive . DNA is in all living things. In short the acid organizes our life styles.It combines and recombines and interacts with other organisms that also combine and recombines. The net of this is necessarily not pretty.We eat. Necessarily that equates to culling and eliminating other organisms. Sometimes we get culled and consumed while trying . Nothing is for sure. Change is inevitable.With acid as a basis in our DNA, we as a species and in the greater metaphysics are inherently unstable. Because if acid is anything it is certainly corrosive. Corrosive by definition changes things and is changed. That's why we riot.
Tuesday, April 05, 2016
Employers Can Eliminate Many Fifteen Dollar Per Hour Jobs
Brave new world of fiat wages has arrived.It was bound to happen after so much fiat money has been created. Funny money is always followed by funny salaries. Remember the gas station attendant jobs? They went away with self service pumps. Now fast food workers are going to get raises in some states.What does a fast food worker do ? He/she presses icons on a menu screen when taking orders from customers. How about the employer turns the touch-screen menu towards the customer and eliminate the worker?Tell California Governor Jerry Brown and New York Governor Andrew Cuomo they should have had real jobs before they got into politics.
Friday, May 30, 2008
Causes Of High Oil Prices: Politics & Market Manipulation.
When is an "oil shortage" not an oil shortage? When there is no rationing and oil is available . Why do we have high-priced oil if there is no oil shortage? We have high-priced oil because market speculators, hedge funds and commodity funds have poured billions into the oil futures market . This has driven up the price of oil and effectively distorted the relationship between actual supply and demand.
The enabling legislation that allows market manipulation was passed in December 2000. It was called the Commodities Futures Modernization Act. It provided for no oversight or regulation for the newly introduced financial derivatives called "swaps". That allowed organizations like Enron to speculate in the futures and energy markets with little or no margin and with "off books" entities. That Enron tailored legislation has been subsequently tailored for mainline investors like CALPERS (California's giant pension fund). The rest is history.
Former Texas Senator Phil Gramm was the lead Senator in introducing the legislation. He is a close advisor to Presidential hopeful John McCain. Look out! Also Wendy Gramm, who just happened to be the head of the Commodity Furures Trading Commission and Phil's wife, some 8 years earlier through an executive ruling exempted Enron from CFTC positions limits and regulations. And the rest is history.
Goldman Sachs is suspected of playing a prominent role in the oil futures price manipulation. Our last two Secretarys of the Treasury were former Goldman Sachs CEOs-Robert Rubin and Henry Paulson. Do you think that Goldman has gotten too big for the country's good?
The enabling legislation that allows market manipulation was passed in December 2000. It was called the Commodities Futures Modernization Act. It provided for no oversight or regulation for the newly introduced financial derivatives called "swaps". That allowed organizations like Enron to speculate in the futures and energy markets with little or no margin and with "off books" entities. That Enron tailored legislation has been subsequently tailored for mainline investors like CALPERS (California's giant pension fund). The rest is history.
Former Texas Senator Phil Gramm was the lead Senator in introducing the legislation. He is a close advisor to Presidential hopeful John McCain. Look out! Also Wendy Gramm, who just happened to be the head of the Commodity Furures Trading Commission and Phil's wife, some 8 years earlier through an executive ruling exempted Enron from CFTC positions limits and regulations. And the rest is history.
Goldman Sachs is suspected of playing a prominent role in the oil futures price manipulation. Our last two Secretarys of the Treasury were former Goldman Sachs CEOs-Robert Rubin and Henry Paulson. Do you think that Goldman has gotten too big for the country's good?
Saturday, January 19, 2008
Bobby Fischer And His Critics
Bobby Fischer was a brilliant chess player but not flawless. Bobby Fischer's political rants were also brilliant but not flawless. Who are Bobby Fisher's critics, what have they done and are they flawless?
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