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What is your view on the Occupy Wall Street Protests
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What is your view on the Occupy Wall Street Protests

  #231 (permalink)
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Tarkus11 View Post
Unfortunately it has been forced to take on an additional characteristic in the last several years.

1 - a hedging process

The futures markets were created to allow producers to transfer risk (hedge).

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  #232 (permalink)
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Honest to God Josh you are absolutely hilarious. You know nothing about me. You know even less about cannibus - let us first lose the pejoratives. I don't know how old you are but your comments are rude and infantile. You embarass yourself - . I know cannibus smokers who are hugely successful - you do not - is that really such a surprise. Certainly most of great music that came out of the 60s and 70s was so inspired. maybe you don;t like music or art. How about physics? Do you imagine the architects of the internet and microchips were tea toddlers? Consider the generation from which all this creativity emerged from? Steven Jobs - admitted LSD helped him creatively.

Francis Crick who discovered the DNA helix admitted his insight came from an LSD trip. Cary Mullis who won the nobel prize for DNA sequence analysis also was very resolute that LSD was the doorway to his insight. There are countless others. Rene Descartes the founder of reductionism which is clearly your paradigm had his mathematical insight in a dream. The dream experience is facilitated by DMT in the brain, a schedule 1 drug. In fact your brain manufactures the most powerful and illegal hallucinogen on the planet DMT every night. So go arrest yourself because you are drug manufacturer. Google DMT if you doubt any of this. Booze dulls the mind - plant entheogens open the doors of perception. Why are you so hostile?

As far as the laws of mathematics refer to reality, they are not certain, as far as they are certain, they do not refer to reality." Albert Einstein. . Reality is your imagination Josh. You are just dreaming yourself. This might sound like druggy talk but go read something on quantam physics. Try physicist David Bohms Wholeness and Implicate -Explicate Order. . Read the work of Richard Feyenman, another physicist nobel winner and lsd enthusiast. Now this has probably got you spinning in your chair but before your fire off another vitriolic laced missive read a book or two or ten. Your view of the world is yours and that is fine. But you know nothing about me . Be polite. I do not take cannibus smoking lightly it is serious medicine and the experience is often very frightening. I do not encourage others.
http://blogs.discovermagazine.com/80beats/2008/07/02/psychedelic-mushrooms-can-boost-mental-health-researchers-say/


Last edited by drago1; November 6th, 2011 at 07:05 PM.
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  #233 (permalink)
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Lornz View Post
The futures markets were created to allow producers to transfer risk (hedge).

Exactly. As I said, #1 and #2 are ok. It is #3 (the most recent addition) that is not.

For the government back-stopped players, it is not transfer of risk. It is transfer of loss.

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  #234 (permalink)
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Tarkus11 View Post
Exactly. As I said, #1 and #2 are ok. It is #3 (the most recent addition) that is not.

For the government back-stopped players, it is not transfer of risk. It is transfer of loss.

Indeed!

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  #235 (permalink)
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Agreed Tarkus. But the public is drunk with Dancing with the Stars and American Idol thru which they can celebrate their 2 minutes of hate or love. ( with all credit to Mr. Orwell )

http://www.youtube.com/watch?v=55j_L9E2Ld0

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  #236 (permalink)
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drago1 View Post
Honest to God Josh you are absolutely hilarious. You know nothing about me. You know even less about cannibus - let us first lose the pejoratives. I don't know how old you are but your comments are rude and infantile. You embarass yourself - . I know cannibus smokers who are hugely successful - you do not - is that really such a surprise. Certainly most of great music that came out of the 60s and 70s was so inspired. maybe you don;t like music or art. How about physics? Do you imagine the architects of the internet and microchips were tea toddlers? Consider the generation from which all this creativity emerged from? Steven Jobs - admitted LSD helped him creatively.

Francis Crick who discovered the DNA helix admitted his insight came from an LSD trip. Cary Mullis who won the nobel prize for DNA sequence analysis also was very resolute that LSD was the doorway to his insight. There are countless others. Rene Descartes the founder of reductionism which is clearly your paradigm had his mathematical insight in a dream. The dream experience is facilitated by DMT in the brain, a schedule 1 drug. In fact your brain manufactures the most powerful and illegal hallucinogen on the planet DMT every night. So go arrest yourself because you are drug manufacturer. Google DMT if you doubt any of this. Booze dulls the mind - plant entheogens open the doors of perception. Why are you so hostile?

As far as the laws of mathematics refer to reality, they are not certain, as far as they are certain, they do not refer to reality." Albert Einstein. . Reality is your imagination Josh. You are just dreaming yourself. This might sound like druggy talk but go read something on quantam physics. Try physicist David Bohms Wholeness and Implicate -Explicate Order. . Read the work of Richard Feyenman, another physicist nobel winner and lsd enthusiast. Now this has probably got you spinning in your chair but before your fire off another vitriolic laced missive read a book or two or ten. Your view of the world is yours and that is fine. But you know nothing about me . Be polite.

Psychedelic Mushrooms Can Boost Mental Health, Researchers Say | 80beats | Discover Magazine


I have no desire to get in the middle of this really but, just wanted to mention that I know a number of VERY sucessful people that are regular pot smokers as well. I don't know any that go beyond pot so I can't comment on the rest of it.

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  #237 (permalink)
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Customers leave big banks in favor of Credit Unions

Not sure how true this is, but THIS is how one effects change.


Quoting 
........on a national basis credit unions gained an astonishing 650,000 new members in October, 50,000 higher than the number of new members who joined in all of 2010, according to the Credit Union National Association.

This type of movement would be 1000 times more powerful than people standing in front of banks on Wall Street. This is actually using the power of consumerism, which is actually effective and will influence a banks decision.

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  #238 (permalink)
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forrestang View Post
Not sure how true this is, but THIS is how one effects change.

"........on a national basis credit unions gained an astonishing 650,000 new members in October, 50,000 higher than the number of new members who joined in all of 2010, according to the Credit Union National Association."

This type of movement would be 1000 times more powerful than people standing in front of banks on Wall Street. This is actually using the power of consumerism, which is actually effective and will influence a banks decision.

http://www.rawstory.com/rs/2011/10/28/credit-union-flap-may-reveal-goldman-sachs-bullying-community-banks/

"
When it was announced recently that Goldman Sachs had withdrawn its sponsorship of the small community bank at which Occupy Wall Street had set up an account for its donations, it appeared to be merely a petty act of vindictiveness.
According to investigative reporter Greg Palast, however, the motivations go much deeper and may involve that Goldman Sachs is misusing TARP bailout funds as a “political weapon” to bully smaller banks.
Back in 2008, Goldman Sachs received $10 billion from the US Treasury under the TARP program that had been established to bail out failing commercial banks. The firm was neither failing nor a commercial bank, but the Secretary of the Treasury at that time, Henry Paulson, was a former Goldman Sachs chairman, and that was sufficient.........
There was one catch, however, which was that “Goldman would have to return a chunk of the public’s billions in the form of loans for low-income customers and members of its ‘community’, as required by the Community Reinvestment Act (CRA) of 1977."


Same clip as in above article from Democracy Now interview with Palast.

Every moment I wake up I realize I know nothing, and then I smile...

Last edited by zt379; November 7th, 2011 at 11:10 AM.
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  #239 (permalink)
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This is why the problems keep returning

According to expert Robert Hare on Psychopaths, and the creator of the PCR scale which is used by courts all over the world- 1% of the population are subclinical psychopaths. In Canada that makes for 300,000 and in the USA 3,000,000. This is no joke.

Psychopaths are not all Ted Bundy or John wayne Gaceys. They are everywhere. They have no conscience, no empathy, do not understand feelings yet they can be charming, manipulative and thrill seeking. This personality type flourishes in corporate and political environments as these behaviours/skills are recognized as valuable. So the cream does not rise to the top, it only looks like cream but in fact is toxic sludge. Excellent article link below and almost certainly it will bring someone you know to mind.

Psychopaths are hardwired and just do not get feelings as normal people do, as such they have no remorse for their actions. ( bernie madoff, jeff skilling, bernie ebbers, etc, etc all come to mind for starters). So if stupidity and hubris were not enough of an obstacle to responsible leadership we sprinkle in a healthy dose of psychopathy and la voila - recursive loop of corruption. We might all be one on some spiritual level - be we are all not nice and that is for certain. Is it any surprise that history repeats itself?

Psychopaths Among Us, by Robert Hercz


Last edited by drago1; November 8th, 2011 at 11:26 AM.
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  #240 (permalink)
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forrestang View Post
Not sure how true this is, but THIS is how one effects change.



This type of movement would be 1000 times more powerful than people standing in front of banks on Wall Street. This is actually using the power of consumerism, which is actually effective and will influence a banks decision.

Maybe not. I just saw an article that made the point that a lot of big bucks are fleeing the Euro and coming into US banks. In fact so much so they can't get it all loaned out.

By losing the small accounts of people leaving it actually saves them money on fee's they have to pay.

As with the market, the unknowledge buy at the top and sell at the bottom. I suspect this bank think is more of the same.

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