Monthly Archives: September 2011

Excuse me….again

Just for the sake of argument, let’s just say that the $84 trillion debt figure is real (LOL).   Let’s also say that I wanted to settle that debt, the whole thing, for everyone, and that I had the money with which to do it.  This being the case; who would I make the check out to?

It’s just a bombastic question, but a curious one to contemplate.

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Excuse me, but…

Here’s a simple question with an impossible answer: The IMF, The Federal Reserve and every official entity in the world agree that the total amount of debt that exists in the world is approximately $84 Trillion. By the same token, they also establish that the total amount of wealth in the world is approximately $34 Trillion. Regardless of the exact precision on the numbers; how is it possible that we can owe more than what there actually is?

Or is someone just messing with our heads?

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Are you ready for this? – Part 1

CALCULATION NO. 182173

CATALOGUE ENTRY IDENTIFICATION NUMBER:         182173

TITLE:       The exploitation of a systemic flaw is fraud, regardless of the gain.

DATE RECORDED:    06 February, 2010

Definitions

Systemic Flaw – An inherent defect (such as an invalid premise, a subjective value in an equation or anything that would otherwise be invalid) in the structure, composition, construction or operation of a system, or any of its components, which inhibits its operation in any way, to any degree.

Exploitation:

  1. use or utilization, especially for profit: the exploitation of newly discovered oil fields.
  2. selfish utilization: He got ahead through the exploitation of his friends.
  3. the combined, often varied, use of public-relations and advertising techniques to promote a person, movie, product, etc.

Also: Taking unfair advantage of something or someone else, in any way, but specifically by withholding information or simply lying. In a more traditional sense, exploitation can be defined as the premeditated application of an element, condition or factor that affects the validity or veracity of a mechanism, given the condition that there is singular and unique ownership of the information withheld and when this results in an unfair advantage with the objective of obtaining financial benefits in large amounts.

Fraud:

  1. deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.
  2. a particular instance of such deceit or trickery: mail fraud; election frauds.
  3. any deception, trickery, or humbug: That diet book is a fraud and a waste of time.
  4. a person who makes deceitful pretenses; sham; poseur.

Application and ramifications:

There are so many examples of this math in everyday life that an example should not only be unnecessary – it would also be embarrassing.  There is one specific example that is very relevant to right now and therefore must be shared.

In April 2011, The United States Senate Permanent Subcommittee on investigations, committee on Homeland Security and Governmental Affairs; published a report on one of the investigations carried out by a one if the committee’s subcommittees: The Permanent Subcommittee on Investigations.

What is this Subcommittee?

Just the name sounds important, doesn’t it?  It also sounds very much like something one would see in a James Bond movie and it really just does, doesn’t it?  Perhaps not very many people, heck; not very many Americans are familiar with the Senate Committee of Homeland Security and Governmental Affairs.  You can find out everything available about them here: http://hsgac.senate.gov/public/.

This post is not about this committee or its history, but there are a few details that are extremely important to mention in this summary. Here’s a quick list of some of the key distinguishing aspects/features of this very important Congressional Committee:

  1. Elements and functions of the present committee can be traced back to the 19th century; however the specific committee that evolved into this present form was the Committee on Expenditures in the Executive Department, created on April 18, 1921.
  2. The Committee on Expenditures in the Executive Department was renamed the Committee on Government Operations in 1952.
  3. The Committee on Government Operations was reorganized as the Committee on Governmental Affairs in 1977 and functioned as such until February 17, 2005 when it became The Committee on Homeland Security and Governmental Affairs; they’ve been around for a while.

If one were to ask; what have they done? That question would yield an equally impressive answer.  The Committee has five Subcommittees of which one is Permanent, in fact this permanent subcommittee wrote the report that was briefly referred to above but has yet to be named…we’re getting there. The five subcommittees are:

  1. Permanent Subcommittee on Investigations
  2. Subcommittee on Oversight of Government Management, the Federal Workforce, and the District of Columbia
  3. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security
  4. Ad Hoc Subcommittee on Disaster Recovery and Intergovernmental Affairs
  5. Ad Hoc Subcommittee on Contracting Oversight

Here a quick list of some of investigations the Committee as carried out:

  1. Report on the investigation of the McCarthy Hearings (1953-1954).
  2. Report of Credit Card Practices: Unfair Interest Rate Increases.
  3. Government Contractor abuse.
  4. The specific report mentioned in this post, also known as the Levin-Coburn Report (but try to find it under that name!)

The above points and descriptions should provide enough to convey to fact that this is a very important and powerful committee that is charged with some very tough duties. The analysis of the events that most Americans Refer to as “The Wall Street Financial Crisis” had to be the most difficult challenge for this group of Senators and yet, they published a lot of very important information.  It is doubtful that more than a handful of people actually read the 646 page PDF version of the report, but just in case you might be one that handful, you can find the full version of the report here: http://hsgac.senate.gov/public/_files/Financial_Crisis/FinancialCrisisReport.pdf.

Again, I stress the fact that this post is not about this Subcommittee, it’s not even about their published investigations of the “Financial Crisis; it’s about the math whose title appears at the top.  There are several specific sections of the report that contain indispensible information, necessary for clarity of though and which in the most simple and straightforward manner possible indisputably exemplify and justify that the exploitation of a systemic defect is, in fact, fraud.  I’m just going to focus on one little item from the report; just one detail.  It’s on page 243 of the above linked report and it’s called “INFLATED CREIDT RATINGS….:  That is all of the focus I’m going to give it; the report needs no help from me to do what it does so clearly and so well: it proves the math.  So here’s what we’re going to do if you choose as much: Download the report from the link above and read Section V: INFLATED CREDIT RATINGS.  After you read it, do the math, give it everything you have and if you don’t immediately see and understand that the Entire financial infrastructure of the U.S.A., and the world, is only able to function by exploiting the systemic flaws indicated in the Senate report and others and that ever single loan, credit card, mortgage or other loan ever granted to everyone and anyone is an act of FRAUD and therefore illegal and invalid, then read it again because you missed it.

There are so many things that we consider so important, that in fact are not even real:  money is not real, debt is not real credit is not real, buying and hoarding gold and silver in an attempt to salvage wealth is pointless, gold is officially worthless; it’s price is fixed in dollars and dollars have been worthless for more than a while now, it’s technically and factually impossible to borrow money and the use of money to create MORE money for the world’s financial infrastructure is not just what helped get us into the mess we’re in now, it’s also, and more importantly FRAUD.

I think you can do the rest of the math from here.

We can do better, and it would be a good idea to start soon.

Next Post:  Wall Street WordPlay.

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The way it is.

In the end, no one; not one single person deserves anything at all; we have to earn it and one way or another, we do.  We don’t know why, but we all know that it’s just the way it is.
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Warped Wordplay – Part 2

After hours of research and math, I think I have actually found the real and legitimate definition of the word asset; or at the very least, narrowed it down to two possibilities.  It is my conclusion that in reality, an ASSET is either a small donkey or the buttocks of a very small person.

If we can’t laugh, even at our worst mistakes,  we stop being human.

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Warped Wordplay

Here’s a unique member of the wordplay word club:  asset.  Wordplay usually occurs to a word that was born with an official dictionary definition but had a completely different one implanted in the public’s mind, by virtue of the intentional manipulation of language.  The word asset, however, broke all the rules.  It was born with the absolute intention of being what it has always been and in order to qualify it as an actual word, a half-assed definition was pieced together for the dictionary.  Asset was born crooked; here’s how.

Forget about what the dictionary says, it’s irrelevant; however if you really want to read it, just click here.  From the moment it was invented and inserted into human language, an asset has been nothing more than a measure of wealth that can justifiably be taken from anyone, legally.  It really is so much easier to attach or garnish one’s assets as opposed to killing them and taking their wallet.

Without a doubt, asset has to be one of the most convenient words ever conceived.  It doesn’t even pass the dictionary “litmus paper test”; for example, every asset has value but not everything of value is an asset.  It very well may have been the first “designer word” and it worked, well.  Suddenly, someone did something that only we humans are capable of:  they screwed up a good thing.  In our rapidly accelerating descent into total idiocy, the already cushy and convenient meaning of the word asset has undergone a wordplay manipulation.  Today, in 2011, those who think they control humanity’s finances don’t feel the need to have to take what they consider to be already theirs; to them, an asset is simply uncollected debt.

Think about it.

We can do better.

ctwfrank

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OBSERVE THIS

On August 25, 2011, fifteen neologisms graduated and became bona-fide credentialed words and as such earned their place in the dictionary.  These lucky graduates follow in the footsteps of other famous neologisms=turned-real-words like the verb; google, officially defined as “to look up or search on the internet with the google search engine”.  That’s no joke, it really is an official word in the dictionary, if you don’t believe me, just google it and you’ll see.

Following is a list of the lucky graduates; you can click on the word to actually see it in the dictionary.

  1. Americana: genre of American music with roots in early folk and country music.
  2. Boomerang child:  young adult who returns to live at her family home, especially for financial reasons.
  3. bromance: a close nonsexual friendship between men.
  4. continuous positive airway pressure: abbreviated CPAP; a technique for relieving breathing problems (as those associated with sleep apnea or congestive heart failure) by pumping a steady flow of air through the nose to prevent the narrowing or collapse of air passages or to help the lungs to expand.
  5. cougar: slang term for a middle-aged woman seeking a romantic relationship with a younger man.
  6. crowdsourcing: the practice of obtaining needed services, ideas or content by soliciting contributions from a large group of people, especially from the online community, rather than from traditional employees or suppliers.
  7. duathlon: a three-part long-distance race typically having a running phase, a bicycling phase and a final running phase.
  8. fist bump : a gesture in which two people bump their fists together, as in greeting or celebration.
  9. helicopter parent: a parent who is overly involved in the life of his or her child.
  10. m-commerce: business transactions conducted by using a mobile electronic device, such as a cellphone.
  11. parkour: the sport of traversing environmental obstacles by running, climbing or leaping rapidly and efficiently.
  12. robocall: a telephone call from an automated source that delivers a pre-recorded message to a large number of people.
  13. social media: forms of electronic communication, such as websites for social networking and microblogging, through which users create online communities to share information, ideas
  14. tweet: a post made on the Twitter online message service.
  15. walk-off: ending a baseball game immediately by causing the winning run to score for the home team in the bottom of the last inning, i.e., a walk-off homer. Also, won by the home team in the bottom of the last inning, i.e., a walk-off win.

Source: Merriam-Webster Inc.

It is truly remarkable that we now have such an efficient mechanism with which to expand our spoken languages so they reflect our growing sophistication, intellect and complexity as the rulers of Planet Earth.  It is surprising, however, that although the task of adding new words to the dictionary is given priority and effort, there is nothing or no one monitoring the intentional manipulation or alteration of the definition(s) of words after they earn dictionary status; something I like to call wordplay.  It is a common and easily observable phenomenon that is occurring at an exponentially increasing rate.   Here’s a perfect example, just look at what we’ve done to this word:

ob·serve

[uhb-zurv]

(original and actual definition):

verb

  1. To perceive and remember one’s surroundings by paying attention.

(wordplayed circa 1960’s):

verb

  1. to see, watch, perceive, or notice:
  2. to regard with attention, especially so as to see or learn something
  3. to watch, view, or note for a scientific, official, or other special purpose
  4. to state by way of comment; remark to keep or maintain in one’s action, conduct, etc.

(The way every single person on the planet understands it today in 2011):

verb

  1. To focus one’s attention completely on the actions and words of one person, or on rare occasion; a group of people, with the specific, premeditated, biased and malicious intent of witnessing and recording any actions or words:
    1. that would gain the observer some benefit or favor (primarily money or envy) from other people who may have an interest in knowing what was observed.
    2. that would allow the observer the use of the interpreted significance of the observation as a weapon to be used for the purpose of damaging or hurting the person(s) being observed, in any and every way possible.
    3. that may provide any form of enjoyment or satisfaction for the exclusive benefit of the observer’s ego, judgment, guilt, desire (sexual or otherwise) or ill will.
    4. provide the observer with a convenient starting point from which they would stop observing and begin to think for, make decisions for, and assume the actions (usually bad) of the person being observed then judge and punish them for those actions as if they had already happened and as if they were real.
  2. The name given to qualify the time that passes while a person fixates their attention on another in anticipation of a criticism- or gossip-worthy “screw up”.
  3. What you gotta do back because everyone’s doing it to you.
  4. The inoffensive sounding name given to the intentional tracking and meticulous documentation of every word, action and movement made by a person, regardless of any qualification or judgment, for the specific purpose of providing a broad assortment of data to be used against that person coercively at any time deemed convenient and for whatever reason is deemed convenient.
  5. What you do to people who “act strangely”, just in case they are secretly violent or dangerous, or at the very least capable of doing something worthy of being “good gossip”.
  6. What a person, usually a male, usually claims they are doing when caught ogling another person or a particular area of another person’s body.
  7. Officially replaced the word “spy” as of the end of the cold war in order to give credibility to the notion that spying is no longer needed or committed.

Say it ain’t so:  you can’t.  It is true.

We can do better.

#ctwfrank

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