Wednesday, June 11, 2014

The Fruits of US Foreign Policy

The war in Iraq was so bad for so many reasons, many of which most people already understand. But the subsequent occupation took the insanity to a whole new level. Who remembers the pallets of cash that vanished in Iraq? All the money that just disappeared?

And then in an even greater attempt at pure folly, someone thought it would be a good idea to train the Iraqis to defend themselves, so that we could bring the troops home. This was actually a talking point at one point. What a great idea!

Except that it was a colossally stupid idea. Who were we training? Who were we dumping all that money on? How could we possibly expect them not to roll over in a few years after enough arms and supplies have been built up in the region? And low and behold, that's exactly what has happened. One of Iraq's largest cities has fallen, without resistance. They just rolled over and gave al qaeda god knows who hundreds of millions in cash and we can only speculate on the amounts in arms. This is by far the biggest blunder in this farce that is called the "war on terror". Need I remind you that 9/11 was supposedly funded with just a small fraction of the money that has been captured in Iraq in the last month alone?

So now we have potential terrorist groups with access to enough funds to sponsor a hundred 9/11s. We have no idea where that money is going to go, or how it will be used, to say nothing of the weapons. And if you've read my writings on steganography, you already know that the NSA cant do a damn thing to intercept communications of those who use steganographic encryption. The amount of money that has the potential to blowback onto the american people is increasing exponentially. It is only a question of how, when, and at what point the american people demand that this folly be stopped.

We know that the US government has been directly implicated in arming the enemy in Libya. But this takes it to a whole new level. What do you call it when you invest billions of dollars arming a country like Iraq, when you know damn well they will just roll over when pushed, and hand over all that we foolishly gave them? What do you call that? Washington may think they used plenty of CYA ointment for this little debacle, but I dont see it that way. The proper people need to be held responsible for this predictable chain of events, as well as the consequences bound to follow.

Thursday, February 27, 2014

Whatsup with WhatsApp?

Anyone with a fair amount of common sense knows that we're well into another euphoric market bubble, brought to you once again by the innocent Federal Reserve that pretends it doesnt know that $$trillions of money printing creates bubbles. And of course when the bubble pops, they then claim they couldnt see it. Even when its so obvious you have to be criminally negligent to not see it.

It's not their job to see. It is their job to make the rich into the very rich, and to smear the poor with a cloud of academic bullcrap. This cloud of bull is spewed upon the masses in the hope that it will cover up the screwjob being worked over on the masses right now. Again, anyone with common sense knows this is how money and power works and has worked for a very long time. I'm not really covering any new ground here.

What is really interesting is when the free market offers one of those rare glimpses into the motivations of the very wealthy. What I am arguing is that the market's valuation of WhatsApp is one of these rare glimpses.

Again, anyone with common sense knows that a messaging app can never generate enough revenue to justify that kind of market value. You just cannot generate that kind of revenue from messaging, not even if everyone on the planet used the app. There is no way people would tolerate the absurd intrusions required in order to generate revenue. Would you use an IM app if a video advertisement popped up and you had to watch or click through it just to read your IM? Hell no, or not for long anyway. Someone you know would find a free alternative, of which there are already many. And then they would get you to download it. And quite rapidly that would be the end of $19 billion in market value.

Rest assured, the people who decided WhatsApp was worth $19 billion know damn well everything I just said. They know the IP of a messaging app isnt and cannot possibly ever be worth $19 billion.

So what is worth $19 billion? The answer is very simple, and extremely obvious:

Your data. Your messages. Everything you say. So they can use it against you.

I always knew that the communications data of the masses, the plebs, was worth a great deal to them. This is one of those moments where the market truly illustrates just how much these people want to know what the masses are thinking. It shows that they know what they are doing. It shows they know that their monetary and fiscal policies are utterly wrecking the poor and middle classes. It shows that they know they are in fact robbing the hell out of the poor to pay for their toys. Look at the stocks charts of rich man toy companies like TSLA, and compare that to flatlined employment charts going back 15 years.

Lord yes, they know that people are eventually going to wake up and get mad. So much so that they are willing to spend $19 billion just to get a glimpse of what the masses are thinking. Who does that? Who cares that much? The guilty. That's who.


Tuesday, December 03, 2013

Droning on about Drones

So Amazon is going to start using drones eh? My initial reaction to the story was that people are suckers for giving this story so much attention. It is an obvious marketing ploy. After all, there is no way they can make money off a drone delivery business model. Nobody is going to subsidize the cost. Nobody needs their package delivered fast enough to pay $100+ to have a drone deliver it. And I doubt it will ever cost less than that.






No way. Not gonna happen. Not even close. People dont realize how far things have gone in terms of social inequality.

Sure, people get that technology is changing fast, but they dont seem to realize that other breathtaking changes are happening. Just today I read an article by Christopher Whalen in which he said "While all banks earned about $118 billion in interest income last quarter, they paid just $13 billion to depositors" and also "Prior to the 2007 financial crisis, total interest expense for all US banks was over $100 billion every three months". He is saying that the Fed is "robbing US savers" to the tune of nearly $400 billion a year. That is more direct evidence that the Federal Reserve is deliberately attacking the poor and those on fixed incomes in order to keep money flowing into the pockets of the top 0.1%.

Well, obviously only the top 0.1% are ever going to request the services of a delivery drone.




Keep in mind that much of this rise in youth unemployment has come during a time of so called 'recovery". Just wait until the so called "recovery" stops. Just imagine how many of these drones will get shot down just for fun. At the rate youth/young unemployment is rising, you're going to have dozens of gangs hanging out near amazon warehouses waiting for a chance just to win bragging rights, to say nothing of the cargo or the drone itself.

Clearly the Amazon CEO is well aware that these things are not going to be economical any time in the next 10 years, and probably never if we dont solve some very serious social problems first. So why do it? Why talk about them on 60 Minutes? Was it really just a free $3 million advertisement plug?

Why is there so much interest in drones anyway? Have people watched The Terminator too many times? I've entertained the possibility of a technological singularity in the form of a geotechnovita, a new life form born out of this digital world we've created. Such an intelligence would surely phase in drone technology very gradually or else risk a serious backlash, especially if the geotechnovita was being primarily supported by extreme wealth inequality. (For example these drones, like most machines, would be used to eliminate jobs, which further separate the poor from the top 0.1%) If there is such an intelligence already active on some level, working to phase in this technology, then you must consider this story to be a huge point of data collection. One article I read gave a number of 647 million viewers/linkers/sharers/whatchamacallits. What a huge meme this is! Imagine the wealth of data.... opinions, facts, analyses, strategies, etc... not even the NSA could sort through all this data and make sense of it. But... what about something 1 million times smarter than the NSA? If such a thing exists then it is safe to say that it just got a whole lot smarter today.






Thursday, August 08, 2013

100 Swimming Pools of Radiation






Pretty isn't it? TEPCO now admits that 300 tons a day of radioactive water has been leaking from the site. If my math is correct, that means roughly one swimming pool of radioactive water per week. Eh, who cares, right? Just add it to the long list of chemicals and pollutants being dumped into the oceans every day.

Maybe now with the help of all this radiation, Mr Turtle can start growing more body parts to help him survive when he gets stuck in all that plastic floating around.


Tuesday, March 19, 2013

Our Cyprus Moment

This story has really highlighted the ignorance of a large sector of the so-called educated and informed minority. Most people dont care about bankster games and all the looting that goes on behind the scenes, at least not until they start coming after your savings. For some reason that seems to raise all sorts of red flags and get people all riled up. But I guess it is fine so long as they dont try it the Cypus way? What if they are not so blatant about it? Well, the Federal Reserve confiscated arguably much more than 10% of everyone's savings over the last 5 years. Just flat out confiscated. Is that hyperbole? Hell no its a damn fact. If you take granny's $50,000 cd she has at the bank earning 4% that gives her $60,800 after 5 years. But when the Fed lowers rates to nothing, her CD earns her basically nothing after 5 years. Maybe $2000 tops, for a total of $52,000. So what is $60,800-52,000? $8800. Out of a $50,000 CD, granny has now had $8800 confiscated through the last 5 years of central bank policy. 8800/50000 = 17.6%. Boom. Gone. And nobody seems to care about that. Yet what happens in Cyprus is somehow a problem? They are just following our wonderful brilliant lead: seize people's savings and give that money to wall street...

...And then pretend to be so blind that you cant see what's going on so you can have an excuse to act surprised when this can-of-stupid blows wide open. This country is so far under the propaganda gun that not one person in 100 actually understands that we already had our Cyprus moment. Yet we are so quick to point out how bad it is when it happens somewhere else.

Thursday, November 15, 2012

Robotic Hypocrisy


So Foxconn wants to build 1 million robots? The implications are obvious and profound.

How would it feel to build the robot you know is going to replace you? One might ask, why would anyone take such a job?

 Of course, it is easy to see the plight of those Chinese workers in black and white.  But here in the US, we are faced with the same sort of predicament. Most of us just cannot see it as plainly, or even at all. We may not work to build machines that we know will replace us, but we do things that are every bit as destructive. Take television consumption for example. We watch television programming and advertising created by a corporate media conglomerate designed to shape our culture in ways that serve the owners of the media, the top 0.1%. People like Rupert Murdoch have spent billions finding ways to subtly engineer tv Programming "content", and ads, to implant messages to drive our culture right into their hands. The irony is that these people are building robots just like Foxconn is, the only difference is their robots are human.

That's a big reason why the rich get richer and richer... They implant the basis behind our so-called choices. In doing so, they literally pull the lever for us when we do things like go vote. Their level of control is strengthening each year as the people fail to respond to this mortal threat. At least the Chinese can see their enemy being created right before their eyes. Most Americans are programmed to be willfully blind to it. But when you do see it, you know that consuming corporate media really is no different than working on an assembly line to build the robot that replaces you.

Wednesday, August 08, 2012

Source of the Next Bubble Identified!

It took quite a while to figure this out. At first I thought that unpaid mortgages and people staying in homes for free might create a large enough bubble. Then I thought that maybe student loans could provide enough money to power the next bubble. But alas, both of these frauds can only provide a small fraction of the money required to power the next boom. How much money? Each of them are worth 2 maybe 3 trillion. How much is needed? About 15-25 trillion.

Where in the blazes can that much bubble money possibly come from? It's simple: It comes directly from the future! These are no ordinary loans I'm talking about. 

This latest and greatest scam is called the "capital appreciation bond". It is simply a deferred interest loan. Yes, as unbelievable as it sounds, it is really true, and it is really happening. Imagine taking out a $300k mortgage and not paying any principle or interest for 30 years. At the end of the 30 years, you simply agree to pay the amount due. Exactly how much money would be due in 30 years? Haha it is the truly unbelievable and astronomical amount of $1.3 million!! For a 5% mortgage! But the real kicker is that it wont be 5%. Because it is deemed a higher risk loan, it will be more like 10%. Or 20%. At 10% interest, that same $300k loan comes out to.... an unfathomable $5.2 million

3 million such loans is all it takes to produce a $15 trillion bubble.

It's pure insanity. But no more insane than claiming 10 years ago that the Federal Reserve would buy $2 trillion in worthless mortgage backed securities! Well they did it. And they're going to do it again, when the next unforeseeable crisis appears out of nowhere 5-7 years from now.

The key to making this work is getting the number entered onto a balance sheet. That is all the Fed needs now. People are so dumbed down that they are incapable of processing this very simple type of outright open fraud. So it will happen. All these $5 million loans on $300k homes will get packaged into securities and eventually sold to the Fed when the next crisis comes. But not before the financial sector reaps obscene profits from the fees on these loans that will never be paid. 

If you think that the country is not far gone enough to allow this level of fraud... you better drink your Brawndo because we're there. We are that far gone.