Roger Garrison has an excellent comment on The Independent site: "The real Keynesian beauty contest was played out between Greenspan himself and traders in securities markets. The traders had to guess what interest rate the central bank was going to target next; and Greenspan had to guess what guesses the traders were making.”
This is very insightful and very descriptive of the 'science' of Greenspan as the Fed Chairman. He would 'sniff the air' to see what was in it and then react to it.
The irony is that his behavior was based on his own subjective impression of the action/reaction in the market as a result of the whimsical signals sent by himself, the 'maestro.'
To him subjectivism was his whims and the chaos that they created. Talk about an ego-driven interventionist! He distorted and perverted subjectivism so that it was all about himself and the rest of the dollar-bound world bending to his capriciousness.
As to whether Greenspan trusted the market: in his ego-driven mind he was the market! Being Fed Chairman is the quintessential position of glory for the ego-driven interventionists in this, the Dark Ages of economic science. And from that seat of authority he (and now it is Bernanke) administers the plague of counterfeiting and corruption and theft.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Monday, October 27, 2008
Monday, October 20, 2008
Counterfeit Capital Cannot Save U.S. Financial Institutions.
This is an example of one absurdity on top of another.
First it is absurd to talk about capital (when it does not exist in real terms) by referring to credit created out of thin air by the Federal Reserve. This illusion of using mirrors and flashing lights is what is being touted as the elixir for the perishing monetary system.
The second absurdity piled on top of the first one is the bureaucracy created to process those 'participants' who feel coerced or desperate enough to opt for nationalization of their private entity. The summary steps described by Paulson (who is the quickest link to finding out who all belongs to the unConstitutional coup) in his 20 October, 2008 statement will take on horrific bureaucratic dimensions, there can be no doubt.
The irony is that these massive disincentives will make the influx of counterfeit 'capital' a monumental failure, which will mean that the unConstitutional coup will have to rachet up its coercive measures. The unConstitutional coup will become more and more visible - as targets of ridicule and scorn.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
First it is absurd to talk about capital (when it does not exist in real terms) by referring to credit created out of thin air by the Federal Reserve. This illusion of using mirrors and flashing lights is what is being touted as the elixir for the perishing monetary system.
The second absurdity piled on top of the first one is the bureaucracy created to process those 'participants' who feel coerced or desperate enough to opt for nationalization of their private entity. The summary steps described by Paulson (who is the quickest link to finding out who all belongs to the unConstitutional coup) in his 20 October, 2008 statement will take on horrific bureaucratic dimensions, there can be no doubt.
The irony is that these massive disincentives will make the influx of counterfeit 'capital' a monumental failure, which will mean that the unConstitutional coup will have to rachet up its coercive measures. The unConstitutional coup will become more and more visible - as targets of ridicule and scorn.
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Friday, October 17, 2008
Has Warren Buffett Sold Out To The UnConstitutional Coup?
There are two things happening in the market: 1.) there is migration, rather there is abandonment from, U.S. stocks, and 2.) there is massive government intervention to mask the market signals.
There are only a few possibilities to prevent the withdrawal of capital from the capital market. Government assurances that the economy is fundamentally sound (yeah right!) has failed miserably like everything the government touches!
If the markets, in real terms, actually improved then capital would flow in rather than out but the bumbling ego-driven interventionists (who promulgate the immoral economic interventionism of the unConstitutional coup) are creating gargantuan disruptions and corruptions thereby intensifying the financial dissolution and bankruptcy that is abundantly evident in the capital market.
What alternative is left? Find someone who has indirect connections (I don’t believe Warren Buffett is actually part of the hierarchy of the unConstitutional coup) to the power elite and who has the confidence of the investing public. Convince that person (I am sure there are pressures of some of the devious types of political extortion being made clear to Mr. Buffett) to encourage investors to buy U.S. stocks.
Flavor the motivation to invest with ’greed’ so when it fails the unConstitutional coup can claim it was greedy capitalism that caused people to lose every penny. Then when that happens the propaganda will coercively be forced on the public encouraging them to turn to the ego-driven interventionists for their sustenance and salvation. The unConstitutional coup wants to make itself the false god of the broken and dispirited.
Warren Buffett is too smart to put all of his financial resources into U.S stocks so he should come clean by showing the percentage not invested in U. S. stocks. The portion of his wealth that he is dumping into the capital market is the price he is paying to the extortionists - the unConstitutional coup. His true patriotism is really just his own squirreled away wealth not the Constitutional Republic we call America.
Next he will be expected to blame capitalism (which like America was the true source of his wealth) when everyone loses every last bit of every last dollar invested in U.S. stocks! What else can explain his declaration?
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
There are only a few possibilities to prevent the withdrawal of capital from the capital market. Government assurances that the economy is fundamentally sound (yeah right!) has failed miserably like everything the government touches!
If the markets, in real terms, actually improved then capital would flow in rather than out but the bumbling ego-driven interventionists (who promulgate the immoral economic interventionism of the unConstitutional coup) are creating gargantuan disruptions and corruptions thereby intensifying the financial dissolution and bankruptcy that is abundantly evident in the capital market.
What alternative is left? Find someone who has indirect connections (I don’t believe Warren Buffett is actually part of the hierarchy of the unConstitutional coup) to the power elite and who has the confidence of the investing public. Convince that person (I am sure there are pressures of some of the devious types of political extortion being made clear to Mr. Buffett) to encourage investors to buy U.S. stocks.
Flavor the motivation to invest with ’greed’ so when it fails the unConstitutional coup can claim it was greedy capitalism that caused people to lose every penny. Then when that happens the propaganda will coercively be forced on the public encouraging them to turn to the ego-driven interventionists for their sustenance and salvation. The unConstitutional coup wants to make itself the false god of the broken and dispirited.
Warren Buffett is too smart to put all of his financial resources into U.S stocks so he should come clean by showing the percentage not invested in U. S. stocks. The portion of his wealth that he is dumping into the capital market is the price he is paying to the extortionists - the unConstitutional coup. His true patriotism is really just his own squirreled away wealth not the Constitutional Republic we call America.
Next he will be expected to blame capitalism (which like America was the true source of his wealth) when everyone loses every last bit of every last dollar invested in U.S. stocks! What else can explain his declaration?
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Wednesday, October 15, 2008
Banks In All States Can Say "No!!!!!!!!"
When the right of secession by States is rekindled in the most alert and most productive enterprises (as evidenced by the banks that 'kept their houses in order') then resistance and the discovery of alternatives will spark the revolutionary act of securing trustworthiness (which means becoming severed from the unethical and corrupt schemes of the unConstitutional coup).
Secession by States is one of the most potent elements of our Constitutional Republic and the unConstitutional coup will act like Lincoln when faced with its rising tide. But not to worry, the unConstitutional coup is bankrupt!
Soon the unConstitutional coup will be wiped off the books as will the bogus numbers kept by its corrupt keepers of its accounts - the Treasury and the Federal Reserve. Purged of the deceitfulness of the interventionists our Constitutional Republic will create an environment that will nurture working and saving, guaranteeing its way back to prosperity!
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Secession by States is one of the most potent elements of our Constitutional Republic and the unConstitutional coup will act like Lincoln when faced with its rising tide. But not to worry, the unConstitutional coup is bankrupt!
Soon the unConstitutional coup will be wiped off the books as will the bogus numbers kept by its corrupt keepers of its accounts - the Treasury and the Federal Reserve. Purged of the deceitfulness of the interventionists our Constitutional Republic will create an environment that will nurture working and saving, guaranteeing its way back to prosperity!
For more information go to http://www.divineeconomyconsulting.com/.
To earn a Masters Degree in Divine Economy Theory go here.
Subscribe to:
Posts (Atom)