Thursday, May 29, 2008

No understanding needed:

You may seriously even severely overestimate the presence and need for understanding in order to survive let alone survive well in this world. Little or no genuine (as opposed to programmed or instructional) reasoning is need not just to survive but even survive very well in this world of force, of survival of the ‘fittest’ or strongest at the expense of others.

Yes, beings in this world possess understanding, they understand what words eg ‘this, that, kill, speak, etc’ mean, they understand what the various words when strung together mean but their understanding is not live specific for each occasion but programmed, generalized, rules to be retrieved to be applied to various situations that they may be confronted with. If there are no rules or programs in their repertoire that they may retrieve to apply to a situation that has arisen, they are completely at sea, do not know what to do or say, they cannot gather all the relevant information of this situation to understand what it all means. They must be told by programs in their heads what to do or say in certain situations and if there are no programs in their heads to instruct them, they are dumbfounded and must painstakingly reprogram or rewire themselves to say or do something new for this new situation (eg learn how to talk and do like a doctor or nurse for one who is a student) before they can do or say it.

IN ORDER FOR STYLISH PEOPLE TO SAY OR DO SOMETHING NEW THEY MUST HESITANTLY SAY OR DO IT COPYING IT FROM OTHERS WHILST THEY ARE SIMULTANEOUSLY COPYING OR BURNING IT INTO THEIR MENTAL HARD DISKS AND ONLY AFTER IT IS WELL BURNT AND THEY CAN RETRIEVE IT LIKE SECOND NATURE DO THEY FEEL COMFORTABLE WITH THEIR NEW SUBSTANCE AND STYLE OF SPEECH AND ACTION.

WHATEVER PEOPLE CAN SAY, DO OR POSE IN THIS WORLD EXIST AS PLANS THAT CAN BE PERCEIVED, MEMORIZED AND BASED ON RETRIEVAL OF THIS RECORDED PLANS, STYLISH PEOPLE MERELY SUPPLY FORCE IN EXCESSIVE UNNECESSARY LEVELS TO POWER THROUGH OR CARRY OUT THESE PLANS IN WHICH THEY ARE MERE VOYEURS EXPERIENCING THE FRUITS OF THESE PLANS AND DISK JOCKEYS, OVERRATED SELECTORS OF WHICH ROTE SEQUENCE TO ACTIVATE AND STOP.

IN ORDER TO SURVIVE AND EVEN DO VERY WELL IN THIS WORLD ALL YOU NEED IS GOOD PERCEPTION, GOOD COPYING, GOOD RETRIEVING AND GOOD REPRODUCTION ABILITY OF WHAT YOU PERCEIVED AND COPIED. YOU MAY TRY TO UNDERSTAND AND END UP MISUNDERSTANDING WHAT YOU AND OTHERS FROM WHICH YOU COPIED SAY OR DO, BUT YOU DO NOT NEED TO UNDERSTAND, YOU JUST RENDER AND REAP THE SENSORY FRUITS OF THAT RENDERING BE IT WEALTH OR SENSATE GRATIFICATIONS.

Jesus said seeing they do not see, hearing they do not hear which means they do not see or hear even though they physically see and hear and that means they are without understanding of what they see or hear or no genuine understanding is needed to survive and even do well (materially) in this world.

Understand what?

You may say you understand words like ‘cat, dog, fish’, but this is not fresh specific understanding. It is a recorded retrieved rote understanding.

Somewhere in the distant past someone showed you a cat and said it is called a cat or they kept using cat in its presence so that you have perceived and committed to memory that when ‘cat’ is uttered it means a particular animal.

Thus this is not true or genuine understanding but rote or memorized to be rehashed, programmed understanding of what that word ‘cat’ means.

THERE ARE MANY PEOPLE INCLUDING THOSE WHO LIKE TO THINK OF THEMSELVES AS VERY SMART OR FULL OF UNDERSTANDING AND THE FACT THAT THEY STILL CONTINUE TO SPEAK AND BEHAVE THE WAYS THEY DO WITH STYLE AND EMOTION INDICATES THEY DO NOT UNDERSTAND WHAT I SAY, OTHERWISE THEY WILL NOT CONTINUE TO SPEAK THE WAY THEY DO, EVEN WHEN NOT TO DO SO (NOT STRETCHING SYLLABLES, CHANGE SPEED, LOUDNESS, NOT SMILING OR JOKING) IS THE WAY PERMANENTLY OUT OF STRESS, RESTLESSNESS, STRESS, SADNESS, HURT AND FEAR THAT WAS UNTHINKABLE IN THE PAST AND IT ALSO LEADS TO ETERNAL LIFE NOT ETERNAL HABITATIONS. THE REASON THEY CANNOT DROP THEIR STYLE IS BECAUSE THEY LACK GENUINE UNDERSTANDING, THEY LACK GENUINE DISCERNMENT, THEY CANNOT SEE OR HEAR CONSTANT STRETCHING OF SYLLABLES, CHANGES OF SPEED AND LOUDNESS THAT IS THE SOURCE OF THEIR STRESS, RESTLESSNESS AND DISTRACTION AND THEY ARE NOT MASTERS OF THEMSELVES BUT SLAVES OR ROBOTS OF THEIR STYLISH BEHAVIOUR THAT ISSUE FROM THEIR MENTAL JUKEBOX OR PARROT. UNLESS THEY STOP THEIR EXISTING PROGRAMS AND PERFORM LIVE THEY CANNOT SPEAK WITHOUT STRETCHING, CHANGING SPEED AND LOUDNESS WHICH IS BEHAVIOR THAT CANNOT BE PROGRAMMED. STYLISH PEOPLE CAN PROGRAM AND REPROGRAM THEMSELVES, WHAT THEY CANNOT DO IS TO BEHAVE WITHOUT PROGRAMS, THEY HAVE NEVER DONE SO THROUGHOUT THEIR LIVES.

WHENEVER PEOPLE CHANGE THEIR PERSONALITIES OR SUBSTANCE AND STYLE OF SPEECH OR ACTION, THEY MERELY REPROGRAM THEMSELVES, WHAT THEY HAVE NEVER DONE AND CANNOT DO IS SWITCH FROM PROGRAMMED SUBSTANCE AND STYLE TO UN-PROGRAMMED SUBSTANCE SPECIFIC TO THE OCCASION SPEECH AND ACTION. BECAUSE UNDERSTANDING AND ACHIEVING WHAT I TEACH REQUIRES THIS, IT IS BEYOND THE CAPACITY OF MOST IF NOT ALL ROBOTIC STYLISH EMOTIONAL LIKING AND DISLIKING PEOPLE WHO ARE DUMBFOUNDED.

Take this there:

You may say you understand what is meant by ‘take this there’ but it is purely one of memorization and carrying out what that memorization requires in which genuine specific to the occasion understanding is not required.

If you memorized ‘take’ as using your hands to hold, ‘this’ as an indicated object and ‘there’ as a place further away as indicated, then your understanding of what is said and carrying it out is purely a matter of memorizing what each word individually mean and understanding and then carrying out what they collectively mean.

THUS A LOT IF NOT THE ENTIRETY OF THE SO CALLED UNDERSTANDING PEOPLE CONDUCT IN THEIR DAILY LIVES IS NOT GENUINE UNDERSTANDING, IT IS NOTHING MORE THAN RECOLLECTING THE MEANING OF WORDS AS THEY MEMORIZED IN THE PAST SPOKEN TO THEM AND THEN JOINING TOGETHER WHAT THOSE WORDS COLLECTIVELY MEAN AND THEN CARRYING IT OUT IF THEY AGREE.

You memorized not understood it:

You memorized and carried out ‘take this there’ not understood its meaning because there is nothing to understand here just memorizing, retrieving and carrying out what ‘take this there’ orders.

You can now programme robots that will obey verbal commands and hearing ‘take this there’ a robot can seize an object and carry it to a further place indicated. The robot does not understand anything; it merely detects commands and carries out what the commands require of it. In the same way human robots memorize what each word in ‘take this there’ requires and execute what is required.

There are other situations where understanding is required and you need understanding to see and know that you need to use mental force to stretch syllables, change speed and loudness and this impact on the consciousness as stress, restlessness, distraction (inability to concentrate), sadness, hurt and fear. You need understanding to see and know that spoken style is nothing more than how a person uses force in a consistent way that has similarities and differences from others to stretch syllables, change speed and loudness and because it is all about the use of force that is blind and harmful, style is meaningless or controlled madness that not surprisingly will lapse into uncontrollable madness and its purpose too is blind or meaningless, to deceive, impress, please, intimidate or dominate others which are not about stirring reason but stirring others’ mental forces to be attracted to you or what you said or to be fearful (intimidated).

THUS IN MANY IF NOT ALL ROUTINE EVERYDAY TRANSACTIONS LITTLE OR NO UNDERSTANDING IS REQUIRED, JUST PREVIOUS MEMORIZATION OF THE ASSOCIATIONS OF EACH WORD OR ACTION AND THEN CARRYING OUT WHAT THOSE MEMORIZED, AGREED UPON ASSOCIATIONS REQUIRE OF YOU. YOU DON'T NEED TO UNDERSTAND ANYTHING AT ALL, JUST CARRY OUT WHAT THE WORDS SAY.

What is understanding?

If understanding exists, there is such a thing called understanding then, as the Buddha said, it can be clearly defined, such and such is understanding.

UNDERSTANDING IS SIMPLY SEEING AND KNOWING AS TRUE SOMETHING THAT IS TRUE THAT IS HIDDEN OR NOT IMMEDIATELY EVIDENT.

There is no need to understand what you see and know that is self evident. For instance if you saw the two policemen kill Altanturya, you saw and knew it and it is self evident and there is no need to understand the two policemen killed Altanturya. Thus it is only when you cannot see or know something or it is hidden or not obvious do you need to understand. When Jesus asked his disciples, “Are you yet without understanding” he is asking them if they are yet without seeing and knowing what is true that is not self evident or obvious.

You cannot understand what is false because no one can see and know as true what is false.

Reflecting ordinary stylish emotional people’s confusion, they use the word ‘understand’ approximately in a confused way, what they call understanding is frequently not understanding, there is no understanding involved at all, it is actually a process of labelling and symbolism.

For instance, there is no understanding or seeing or knowing as true involved in hearing and carrying out the statement, ‘take this there’ but it is merely a process of attaching verbal labels or symbols to certain actions to be remembered so that when the labels are again uttered by someone, you know what they represent and you carry out what they represent.

‘Take’ is a verbal symbol or label that is applied by those conversant in English to a certain action undertaken with one’s hands (you do not take with your feet) just as ‘throw’ is another label applied by convention to another action undertaken by one’s hands. No understanding or knowing as true what is hidden or not immediately self evident is involved here, only a perception or seeing an action that constitute ‘taking’ or ‘throwing’, seeing or hearing a word ‘take’ or ‘throw’ ascribed to that action with the hand and memorizing that association of that word and that action until you reliably remember the association between that word ‘take’ and that action that constitute ‘taking’.

THUS WHEN PEOPLE SPEAK OF UNDERSTANDING THE MEANING OF WORDS LIKE ‘TAKE’, ‘THIS’, ‘THERE’ AND UNDERSTANDING THE MESSAGE ‘TAKE THIS THERE’ THEY ARE CONFUSING UNDERSTANDING WHICH IS KNOWING AND SEEING AS TRUE WHAT IS HIDDEN OR NOT IMMEDIATELY SELF EVIDENT WITH BEING CONVERSANT IN CONVENTIONS ASCRIBED IN SPOKEN AND WRITTEN SYMBOLS THAT REQUIRES NO UNDERSTANDING BUT MERELY PERCEPTION OF THE ACTIONS THAT CONSTITUTE ‘TAKE’, ‘THIS’ & ‘THERE’, REMEMBERING THE ACTIONS THAT CONSTITUTE ‘TAKE’, ‘THIS’ & ‘THERE’ WHENEVER IT IS HEARD SO THAT HE CAN CARRY OUT THE INSTRUCTIONS OR MESSAGE SPOKEN. PEOPLE SPEAK OF THEIR UNDERSTANDING WHAT ‘TAKE THIS THERE’ MEANS BUT THEY MAY BE WRONG, THEIR ‘UNDERSTANDING’ MAY BE A PURELY MECHANICAL PROCESS OF ATTACHING VERBAL LABELS TO CERTAIN ACTIONS, MEMORIZING WHAT THOSE LABELS ARE SO THAT WHEN THOSE LABELS OR WORDS ARE AGAIN HEARD, TO CARRY OUT WHAT THE LABELS OR WORDS ‘TAKE THIS THERE’ SAY.

People ask erroneously, “Do you understand English” when they should say, “Are you conversant or competent in English as a medium of communication?” because there is nothing that is true and hidden in English that can be understood, it is just a medium of communication amongst many others eg Mandarin that requires competence.

By contrast, understanding is needed to see or know as true a statement such as ‘force is blind’, ‘force can only change direction, speed and strength’, ‘force cannot be stopped by reason but force once triggered can only expend itself or be brought to an end by an opposing force’ because what is stated is true but it is not immediately self evident.

That ordinary stylish people are robots rehashing all the time is a statement of truth that is not immediately self evident that requires understanding, seeing and knowing as true because it is true.

The statement that there is constant forceful stretching of syllables, changes in speed and loudness in the speech of all ordinary people and this is the cause of the insoluble renewing stress, restlessness, distraction, sadness, feeling hurt and fear that they must suffer from is true and knowable but it is not immediately apparent or self evident and must be understood by the reader or listener, requires understanding by the listener before he can see and know it is true.

PEOPLE DEVELOP A MEMORY OF WHAT VARIOUS WORDS STAND FOR (A PURELY MECHANICAL INNOCULATION OR MEMORIZING PROCESS) AND WHEN THOSE WORDS ARE HEARD STRUNG TOGETHER IN A SENTENCE, THEY RECOGNIZE THE SUM TOTAL OF WHAT THOSE WORDS COLLECTIVELY STAND FOR AND THEY BELIEVE THEY UNDERSTAND, THEY HAVE UNDERSTANDING BUT THEY MAY BE MISTAKEN BECAUSE WHAT THEY HAVE IS MERELY COMPETENCE IN RECOGNIZING THE ASSOCIATIONS OF WORDS AND ACTIONS OR OBJECTS THEY REPREESENT AND THUS COMPETENT ARE ABLE TO USE MUTUALLY ACCEPTED WORDS TO COMMUNICATE WITH EACH OTHER. THIS DOES NOT MEAN THEY UNDERSTAND, WHICH IS THE ABILITY TO SEE OR KNOW AS TRUE SOMETHING THAT IS TRUE BUT IS HIDDEN OR NOT IMMEDIATELY APPARENT. BECAUSE A LOT OF THE THINGS PEOPLE SEE AND KNOW AS TRUE, PEOPLE SPEAK AND DO AS IF TRUE CAN BE OBJECTIVELY PROVEN TO BE FALSE BY ME, THEY CANNOT UNDERSTAND WHAT THEY SAY OR DO BECAUSE NO ONE CAN UNDERSTAND WHAT IS FALSE AND THUS THEY DO NOT UNDERSTAND.

YOU CANNOT TRULY UNDERSTAND IN SOME AREAS AND FALSELY UNDERSTAND IN OTHER AREAS BECAUSE A PERSON OF TRUTH AND TRUE UNDERSTANDING CANNOT OR WILL DECLINE TO UNDERSTAND WHAT HE DID NOT SEE OR KNOW AS TRUE AND ONLY STICK TO WHAT HE UNDERSTANDS, SEES OR KNOWS AS TRUE AND THUS IF YOU HAVE FALSE UNDERSTANDING IN SOME AREAS (EG YOUR STYLE & SMILING MEANINGFUL OR TRUE), YOU DO NOT HAVE GENUINE UNDERSTANDING AT ALL BECAUSE IN THAT SITUATION A TRULY UNDERSTANDING PERSON WILL ASSUME THE POSITION THAT HE DOES NOT KNOW OR UNDERSTAND WHETHER SMILING AND STYLE ARE TRUE.

FOR INSTANCE THE STYLE IN THEIR SPEECH IS ALL ABOUT FORCE AND FALSE AND NO ONE CAN UNDERSTAND WHAT IS FORCEFUL AND FALSE AND YET THEY ACT AS IF THEIR STYLES ARE MEANINGFUL AND THEREFORE THEY CANNOT HAVE GENUINE UNDERSTANDING. SIMILARLY THEIR FREQUENT SMILES ARE FALSE, ALL ABOUT USING FORCE TO ACTIVATE THEIR FACIAL MUSCLES IN A REHASHED PATTERN AND YET THEY PERCEIVE THEIR SMILES AS MEANINGFUL AND TRUE AND THUS THEY CANNOT HAVE GENUINE UNDERSTANDING BUT THEY HAVE FALSE UNDERSTANDING.

Words cannot be understood but must be remembered:

Words have meaning that must both (the word and its meaning) be memorized, not understood. If you are desirous of communicating in English, if you want to impress others with your ‘command’ of English, you must memorize English words and memorize the ascribed meanings to them so that you can use them and receive (and in some instances understand) what people are trying to communicate when they use the same words.

YOU REMEMBER WORDS AND REMEMBER THE MEANINGS ASCRIBED TO THEM, YOU DO NOT UNDERSTAND WORDS, UNDERSTAND ENGLISH.

EACH AND EVERY WORD AND THEIR ASCRIBED MEANING MUST BE INDIVIDUALLY REMEMBERED IN A PURELY MECHANICAL PROCESS.

No, false and true understanding:

There are many in this world, even in the high echelons of society and indeed religion who have no or false understanding of things that are essential or at the heart of their suffering and mental torment and persecutes all those who have the misfortune to interact with them.

Few are they with true understanding. Even those whose behaviour implies they believe they are good and true are deluding themselves, they are devoid of true understanding even after I have pointed out to them clearly and in detail what is false and harmful. What is important is that as a result of their not understanding what I said, their MISUNDERSTANDING what I said, they will continue to wallow in suffering that will get worse with age and they are headed for another Age of perdition building up a pile of skeleton as high as mountain, shedding blood from having their necks cut as humans and animals that the Buddha said is greater than the four great oceans.

A robot can drive a car well:

Cars driven by modern computers with sophisticated sensors and rapid responding software have successfully completed demanding obstacle courses without human guidance or instructions. And these robots have no understanding of anything at all, they only do as they are told by their programs according to what they are told to sense or perceive.

THUS YOU DO NOT NEED TO HAVE UNDERSTANDING TO PILOT EVEN A MODERN JETLINER OR EVEN BE THE PRESIDENT OF THE UNITED STATES, ALL YOU NEED IS GOOD PERCEPTION, GOOD PROGRAMS IN YOUR MIND (OR HANDLERS TELLING YOU WHAT TO SAY OR DO IF YOU ARE PRESIDENT) TELLING YOU WHAT TO DO IN THIS AND THAT SITUATION.

No one will knowingly kill himself:

Until they become mad, no one will knowingly kill himself but he will do so only without knowing that he is doing so and the reason this can happen is because ordinary people are not directly responsible for their actions but it is their mental parrot or jukebox that they trust and embrace as self that is responsible and this parrot is stressing them and everyone who comes into contact with them thus slowly killing himself with forceful constant stretching, changing speed and strength of force.

This mental parrot is without knowing or understanding, it merely uses force to carry out with a consistent style whatever it is programmed to say or do, creating insoluble renewing stress, restlessness and distraction that the foolish person does not realize has a cause that is totally remediable and unnecessary.

IT IS IMPOSSIBLE FOR A PERSON WHO KNOWS AND SEE TO CONSTANTLY SUBJECT HIMSELF TO STRESS, RESTLESSNESS, DISTRACTION, SADNESS, HURT AND FEAR BY CONSTANTLY USING FORCE TO STRETCH, CHANGE SPEED AND LOUDNESS AND BECAUSE ORDINARY STYLISH PEOPLE ARE CONSTANTLY DOING SO, THEY CANNOT KNOW AND SEE, CANNOT UNDERSTAND AND THEY ARE WITHOUT UNDERSTANDING. FURTHER WHAT THEY ARE DOING AND SAYING ARE HEAPING KARMA THAT WILL RESULT IN PAIN THAT IS LIKE AN OCEAN AND ETERNITY IN DURATION AND YET THEY SEE NOTHING WRONG, THINK THEY ARE BLAMELESS. SUCH A PERSON CANNOT KNOW, SEE AND UNDERSTAND.

How come you did not understand?

If you can understand, how come you did not understand that statements like ‘a saree is anything but a piece of cloth’, ‘deafening silence’, case thrown out of court & ‘nothing except’ are always false? How come you do not realize ‘Well, I will have to think about it’ is false, the ‘well’ is unnecessary, for show and actually he means ‘not well, I will have to think about it’

ORDINARY PEOPLE HAVE BEEN PROGRAMMED BY SOCIETY TO ACCEPT MANY FALSE THINGS AS TRUE AND NOT TO SEE MANY FALSE THINGS AS FALSE WHICH IS WHY THEY ARE CLUELESS WHEN PRESENTED BY MANY THINGS THAT ARE CLEARLY FALSE.

Emotional understanding:

What people call their understanding of what is said or seen may be the stirring of their emotions at what is said or done.

Because their emotions (liking, disliking, sadness, hurt or fear) is stirred strongly by something said or happened they emotionally feel they understand when it is a meaningless stirring of mental force that leads to stress, restlessness and distraction and no true clearly seeing understanding.

Words & meaning:

Words have meaning but words and their meanings are two different things.

You can remember a word eg kleptomaniac but not remember its meaning or you can remember a word and its meaning or you can remember a word and remember its WRONG meaning.

There is nothing to understand about a word, nothing to understand about its meaning but you just mechanically register or remember it in your mind so that whenever the word comes up you remember its meaning and based on its meaning you remember or know what the person is talking about.

Learning and remembering a word is all about perceiving, encoding in the mind and decoding it.

Learning and remembering the meaning of a word is all about perceiving, encoding in the mind and decoding it.

THUS LANGUAGE IS ESSENTIALLY ABOUT ENCODING VARIOUS WORDS WITH SEPARATE DISCRETE MEANINGS THAT ALL PRACTITIONERS OF THAT LANGUAGE MUST SUBSCRIBE TO SO THAT WHEN THE WORDS ARE STRUNG TOGETHER TO MAKE SENTENCES, THEIR COLLECTIVE ASCRIBED MEANINGS OR WHAT EACH WORD STAND FOR CONVEYS A MESSAGE THAT DOES NOT IN ITSELF NEED UNDERSTANDING, THE WORDS SPEAK FOR THEMSELVES. IT IS ONLY WHEN THE WORDS ARE USED TO CONVEY MESSAGES THAT ARE NOT IMMEDIATELY EVIDENT THAT UNDERSTANDING IS NEEDED.

THUS THE MESSAGE THAT THE CONSTANT FORCEFUL STRETCHING OF SYLLABLES, CHANGING OF SPEED AND LOUDNESS IS THE CAUSE OF THE STRESS, RESTLESSNESS, DISTRACTION, SADNESS, HURT AND FEAR THAT THE PERPETRATOR MUST SUFFER FROM IS NOT IMMEDIATELY EVIDENT FROM THE SUM TOTAL OF THE WORDS SPOKEN BUT MUST BE UNDERSTOOD BY EXAMINATION AND PUTTING IT TO THE TEST EG BY NOT STRETCHING SYLLABLES, NOT CHANGING SPEED AND LOUDNESS TO SEE IF THERE IS A STRESS REDUCTION.

Language and understanding:

THE TRUTH OF SOMETHING IS OBJECTIVE NOT SUBJECTIVE AND APPLIES TO EVERYONE. IT IS NOT FOR ANYONE TO INSIST WHAT IS FALSE IS TRUE, WHAT IS TRUE IS FALSE AND WHAT IS NONSENSE MAKES SENSE. THE TRUTH OF SOMETHING IS OBJECTIVE NOT SUBJECTIVE AND APPLIES TO EVERYONE. IT IS NOT FOR ANYONE TO INSIST WHAT IS FALSE IS TRUE, WHAT IS TRUE IS FALSE AND WHAT IS NONSENSE MAKES SENSE BUT WHAT IS TRUE IS TRUE, WHAT IS FALSE IS FALSE AND WHAT IS NONSENSE IS NONSENSE TO EVERYONE AND THE FACT THAT YOU INSIST DESPITE BEING TOLD REFLECTS ADVANCED INCURABLE FALSE PERCEPTION..

THUS, IT DOES NOT MATTER WHETHER SOMETHING SAID OR DONE OR HAS HAPPENED IS TRUE, FALSE OR NONSENSE (MAKES NO SENSE), SO LONG AS A PERSON SEES WHAT IS TRUE AS TRUE, WHAT IS FALSE AS FALSE AND WHAT IS NONSENSE AS NONSENSE, HE TRULY UNDERSTANDS WHAT IS SAID OR DONE OR HAS HAPPENED. IF HE SEES OR KNOWS WHAT IS TRUE AS FALSE, WHAT IS FALSE AS TRUE, WHAT IS NONSENSE AS SENSIBLE, HE MISUNDERSTOOD. IF HE DOES NOT SEE OR KNOW WHAT IS SAID OR DONE, CANNOT MAKE SENSE OF WHAT IS SAID OR DONE OR HAS HAPPENED, HE DOES NOT UNDERSTAND.

If you asked ordinary people what is language, it is likely that their emotions will be stirred, they will become uneasy and mutter something like language is hard to define even defies description (false because language is definable and simple to define), it is mysterious and wondrous.

Only force or emotion can make a person uneasy when asked a question. The reason they become emotional and uneasy is because they are rote performers who need to rehash their responses and it is not every day that they are asked a question like what is language to which they do not have a ready composed answer that they can rehash and thus they feel lost, all at sea. Further they have a tendency to see everything as ‘wow’ or to exaggerate and they have advanced false perception to see language as something more than it really simply is.

Language is primarily spoken and written but there can also be primitive sign language.

Speaking and writing is about converting or encoding experiences or events into spoken or written words so that they can be communicated to another who is conversant or initiated into that language.

When you use English to speak or write you are encoding your experiences or events or ideas into written or spoken symbols or words that all have clearly definable commonly accepted meaning that another person conversant in English reading or hearing gets the message it is intended to convey.

When you hear what is spoken or read what is written in a language that you are conversant or initiated into, you decode the written or spoken words into experiences or events so that you get an idea or picture of what has happened that is being communicated.

THUS LANGUAGE IS VERY SIMPLE TO UNDERSTAND AND THUS DEFINE, IT IS NOT MYSTERIOUS NOR DEFIES DESCRIPTION, LANGUAGE IS SIMPLY A TOOL TO ENCODE WHATEVER IS HAPPENING OR EVENTS INTO SPOKEN OR WRITTEN WORDS THAT IS DECODABLE BY THOSE WHO READ OR HEAR SO THAT THEY GET THE MESSAGE IT IS INTENDED TO CONVEY. NO UNDERSTANDING OF WHAT IS TRUE THAT IS NOT IMMEDIATELY OBVIOUS IS REQUIRED, ONLY THE ABILITY TO PERCEIVE AND ENCODE OR MEMORIZE THE WORDS SPOKEN OR WRITTEN TOGETHER WITH THEIR MEANINGS AND THE ABILITY TO PERCEIVE AND RETRIEVE FROM MEMORY WORDS AND THEIR MEANINGS WHEN HEARD OR READ IS NEEDED.

In many ordinary usages, language or speech or writing does not require understanding which is something separate and a higher faculty than the ability to read and write.

For instance the message ‘he killed her’ does not require any understanding, it merely states, whether true or false, to those who understands English, that a certain male person killed a certain female person. It is simple or plain and requires no understanding.

On the other hand, the statement that the current high oil price is not natural but artificial or contrived, it is a bubble that is the result of speculation or ramping in the name of making profits requires examination and understanding why it is true.

Similarly the veracity of the Buddha’s statement that singing is crying and dancing is insanity is not immediately apparent and requires reflection and understanding by the reader before it can be determined by him whether it is true or not.

THE FACT THAT PEOPLE BECOME UNEASY WHEN ASKED UNUSUAL QUESTIONS FOR WHICH THEY DO NOT HAVE READY ANSWERS IS AN INDICATION THEY ARE NOT LIVE PERFORMERS BUT THEY ARE ROTE PERFORMERS WHO ALWAYS NOT USUALLLY REGURGITATE FROM READY ANSWERS IN THEIR MENTAL JUKEBOXES AND FACED WITH AWKWARD QUESTIONS FOR WHICH THEY HAVE NOT COMPOSED ANSWERS THEY FUMBLE AND BECOME UNEASY WHILST THEY SEARCH THEIR JUKEBOXES FOR RECORDED REPLIES THAT MIGHT APPEASE THE QUESTIONER. WHY SHOULD A LIVE SPECIFIC TO THE OCCASION PERFORMER BECOME FLUSTERED? HE MERELY CALMLY UNEMOTIONALLY UNDERSTANDS WHAT THE QUESTION IS AND BASED ON HIS KNOWLEDGE ABOUT LANGUAGE, HE COMPOSES A SPECIFIC TO THE OCCASION ANSWER TO THE QUESTION WHOSE CORRECTNESS MAY VARY.

THE FACT THAT ORDINARY PEOPLE MAY WAX LYRICAL ABOUT LANGUAGE EVEN SAYING IT DEFIES DESCRIPTION REFLECTS THEIR FALSE PERCEPTION THAT WILL END IN MAD PERCEPTION BECAUSE WHATEVER IS TRUE OR HAS HAPPENED WHICH INCLUDES THE ENTITY LANGUAGE CAN BE SIMPLY AND CLEARLY DEFINED SUCH AND SUCH IS LANGUAGE, NOT SO WONDERFUL AND COMPLEX AS TO DEFY DESCRIPTION.

Language is merely a tool for encoding events or whatever has happened into written or spoken words so that they can be decoded by all those initiated into that language into events and ideas so that they get a picture of what happened.

Understanding is merely seeing or knowing the truth that is communicated by language or what has happened (understanding May 13 is understanding the nature of what happened that day).

Not understanding is an inability to understand or make sense or see the truth, as it is, of what is communicated or happened.

Misunderstanding, which ordinary emotional liking and disliking people are prone to more than they realize is interpreting what is said or written or what has happened wrongly or falsely (as he liked or disliked it) so that he comes to false or wrong conclusions.

IT DOES NOT MATTER WHETHER SOMETHING SAID OR DONE OR HAS HAPPENED IS TRUE, FALSE OR NONSENSE (MAKES NO SENSE), SO LONG AS A PERSON SEES WHAT IS TRUE AS TRUE, WHAT IS FALSE AS FALSE AND WHAT IS NONSENSE AS NONSENSE, HE TRULY UNDERSTANDS WHAT IS SAID OR DONE OR HAS HAPPENED. IF HE SEES OR KNOWS WHAT IS TRUE AS FALSE, WHAT IS FALSE AS TRUE, WHAT IS NONSENSE AS SENSIBLE, HE MISUNDERSTOOD OR HAS FALSE UNDERSTANDING OR IS DELUDED. IF HE DOES NOT SEE OR KNOW WHAT IS SAID OR DONE, CANNOT MAKE SENSE OF WHAT IS SAID OR DONE OR HAS HAPPENED, HE DOES NOT UNDERSTAND.

Shortages never cause prices to rise:

Only higher costs of production causes prices to rise, shortages never caused prices to rise but the shortage triggers opportunism and profiteering that cause prices to rise. If it is cost of production that has risen causing the price of oil to rise, why do you say as Krugman says, that shortages justify soaring prices?

Instead because cost of oil production has likely remained unchanged the price increase reflects pure profit for producers.

Thus if you think that shortages is the cause of high oil prices then you do not understand, you have false understanding.

Selfish people do not understand:

Selfish people do not understand, they only think about themselves.

Because all ordinary people are selfish to greater or lesser extent (usually greater than they concede), they do not understand to greater (usually greater) or lesser extent.

Robots do not understand:

However sophisticated, robots never understand, they only do as they are told or programmed to do.

Because ordinary stylish people are robots in how and what they perceive, think, speak and do, they do not understand; however sophisticated their behaviour is derived from programs or instructions in their minds.

People who like and dislike do not understand:

It is like and dislike, sadness and hurt and fear that is the basis of people’s behaviour and whatever reasons they proffer are excuses justifying their actions based on emotions and a person who bases his behaviour on emotions that are proxies of force have no reason and do not understand and so because ordinary people all like and dislike, they cannot truly understand but they misunderstand and do not understand even things that are quite simple.

Liking and disliking is suffering:

Compared to neither liking nor disliking, to like and dislike is suffering, not the pleasure it is made out to be.

To speak with constant stretching of syllables, changes of speed and loudness is suffering.

To smile and express facially is suffering.

To speak and behave with eagerness or excitement is suffering.

Because all ordinary people continue to like and dislike, smile, express facially, speak eagerly and excitedly, even after they have been told, they cannot have true reason, they cannot understand but they are robots that according to the Buddha, already like the dead.

Behaviour that cannot be understood:

There are many things people say and do that cannot be understood because there is no reason in it.

For instance someone who is getting into his car to leave may see you arriving and decide to take out his floor mat to dust just to make you wait for your parking space.

There is no reason behind it although he might make an excuse to himself that indeed it is his desire to dust his floor mat but his action is based on ill will, to deprive others and make them suffer and that is not based on reason but based on force and ill will to want others to suffer.

A LOT OF PEOPLE’S SPEECH AND ACTIONS ARE ACTUALLY BASED ON EMOTION, LIKE OR DISLIKE TO ATTACK OR MAKE OTHERS SUFFER AND THAT IS WITHOUT REASON, CANNOT BE UNDERSTOOD ALTHOUGH THEY MAY TRY TO RATIONALIZE OR JUSTIFY THEIR ACTIONS. IT IS NOT POSSIBLE FOR PEOPLE WHOSE SPEECH AND ACTIONS ARE BASED ON FORCE OR EMOTION TO BE UNDERSTANDING OR UNDERSTAND. IF THEY UNDERSTAND THEY WILL NOT DO OR SAY THINGS THAT ARE NOT UNDERSTANDABLE.

People never smiled because they liked somebody:

People never smile just because they liked somebody but they smiled because they want to manipulate the person they liked like a man desirous of getting to know her in order to gain sensual pleasures from her.

However, in the advanced state of automated jukebox behaviour the person can automatically irresistibly smile as a result of seeing a pretty girl but this is not something to be celebrated except by the fool because it is the next step to totally mad rote behaviour in which the jukebox override your control and automatically activate itself and rather than pleasure it is tormenting and madness.

Thus if you think you smile because you liked someone you have false or wrong understanding and you do not understand.

Lost parrot tells police his address:

This headline is false. The parrot was merely regurgitating his address automatically after singing children’s song, it was not specifically or truly telling the police its address. It may not even understand what it is vocalizing is its address and so to say it told police his address is misleading or false.

Great Singapore Sales Kicks Off Friday:

You have false perception that will end in mad perception if you think a sale can kick off. A sale can commence but it cannot kick off except in your false perception it can and the reason is because the person is a forceful hostile or aggressive person who likes or is attracted to use words that convey force (kick) as compared to force neutral words (commences).

IF YOU THINK THIS IS A MATTER OF SEMANTICS YOU MAY BE RIGHT OR YOU HAVE WRONG VIEW THAT THE BUDDHA SAID LED TO HELL OR THE ANIMAL WOMB.

The difference between parrot and man:

There may be those who think that because man understands what he says and it is appropriate to the occasion, he is not a robot like the parrot but this is wrong view and poor discernment.

Whereas the parrot was trained to sing children’s song and recite its address afterwards and it may not even understand what it sings and says, humans are merely a higher level of robotics in that humans understand what they are asked eg ‘where do you stay?’ and they understand their reply that is appropriate, “I stay at blah, blah, blah” but if you examine the substance and style of the reply and compare it with past records of all that this person has uttered you will find that this is not the first nor the last time the person has said, “I stay at blah, blah, blah” with the same style and substance and it is therefore regurgitated.

IT IS TRUE HUMANS UNDERSTAND WHAT IS ASKED OF THEM AND THEY UNDERSTAND THEIR REPLIES WHICH ARE USUALLY (BUT NOT ALWAYS) APPROPRIATE TO THE SITUATION BUT THE ANSWER IS MEMORIZED AND REHASHED FOR THE SITUATION AND THEY ARE THEREFORE STILL ROBOTS, ONLY ROBOTS WHO UNDERSTAND WHAT THEY ROBOTICALLY SAY OR DO.

SO LONG AS THERE IS A COPY OF WHAT IS SAID AND DONE WHICH IS AN UNADULTERATED COPY OR RECOMBINATION OF VARIOUS COPIES, IT IS REHASHING AND THE PERSON IS STILL A ROBOT, PROFESSOR OR NO PROFESSOR.

No shortage of gold:

There is no shortage of gold, if anything the supply of gold is increasing since gold is not consumable like oil is, so why has the price of gold risen to such great heights? The reasons may be emotional driven (desirability of gold in the eyes of many as an object and investment or protection against inflation) by speculation.

THUS THE ABSENCE OF SHORTAGE DOES NOT EXCLUDE UNREASONABLE PRICE RISES. SHORTAGES ARE NOT NECESSARY TO CAUSE UNREASONABLE PRICE RISES.

Increased demand leading to shortages or reduced supply leading to shortages usually but not necessarily lead to price increases but this is not because of the shortage itself but to emotions such shortages invariably stir and reflect desperation and prices people are willing to pay to get what they want.

There may be rare cases where shortages do not lead to wild price rises because there is no emotion involved, speculators are not drawn in and people are not willing to pay higher prices to get the item in shortage. For instance a factory or family business may be short of workers but it may not necessarily raise salaries to tempt workers.

THUS SHORTAGES AND PRICES ARE TWO DIFFERENT THINGS AND SHORTAGES DO NOT DIRECTLY CAUSE PRICE RISES BUT THE ENTRY OF SPECULATORS & EMOTIONAL, PANIC DRIVEN BIDDING UP OF PRICES TRIGGERED BY THE SHORTAGE IS THE TRUE CAUSE. IF THERE IS A SHORTAGE AND PEOPLE DO NOT GET EMOTIONAL OR DESPERATE, THEY JUST DENY THEMSELVES, THEN PRICES MAY NOT INCREASE.

Denying yourself:

Jesus said that in order not to perish, to reach eternal life in heaven, a person must deny himself, carry his cross (of persecution by those who do not deny themselves) and go with him.

Who is the man who denies himself?

The person who is angry, who practice anger (dislike, hate) is a man who does not deny himself. The person who gives up his anger, dislike and hatred is the man who denies himself.

The person who is greedy, lustful and eager is the man who does not deny himself and the person who is not greedy (covetous), lustful or eager is a man who denies himself.

The person who is stylish, who wants to impress, please, intimidate and dominate others with his style or how he uses force to constantly stretch syllables, change speed and loudness is the man who does not deny himself but joins in in the ways of this world.

The person who is not stylish, who does not stretch syllables, change speed and loudness in order to impress, please, intimidate and dominate others is the person who denies himself.

AND IF YOU WILL DENY YOURSELF OF YOUR ANGER, GREED (LIKE) AND STYLE YOU WILL ALSO DENY YOURSELF OF THE COMMISSION OF ALL FORMS OF EVIL BECAUSE THEY ARE THE FUNDAMENTAL DRIVES OF ALL SIN.

IF YOU DON’T DENY YOURSELF THEN YOU MUST SUFFER FROM STRESS, RESTLESSNESS, DISTRACTION, SADNESS, HURT AND FEAR THAT IS CONDITIONING AND LEAD TO INCREASING INTENSIFICATION AND MADNESS AND AFTERWARDS YOU WILL PERISH AND END IN ETERNAL PUNISHMENT. JESUS SAID EVEN THE FIVE MAIDENS WHO CAME TO MEET THE GROOM BUT FORGOT TO BRING OIL FOR THEIR LAMPS WILL NOT BE ADMITTED, EVEN IF THEY AFTERWARDS BROUGHT OIL. AND MANY MAIDENS CANNOT EVEN BE BOTHERED TO COME MEET THE GROOM.

Many climbers will fall to their death:

Many climbers may climb a treacherous mountain but not everyone will make it to the top. At any stage some will turn back or lose their grip and fall to their death, even when the summit is within sight.

Jesus said he who endures till the end will be saved. The person who denies himself to the end will be saved. Many will deny themselves but under severe provocation they may be tempted to lash out or join in and even if they are in sight of safety, if they failed to endure till the end, they will not be saved.

How can God be so cruel?

There may be those who think how can God be so cruel as to allow people to perish, to allow maidens who came but forgot to bring oil but then brought oil to perish?

The question of cruelty may not arise and it reflects your advanced false perception and logic that you think this question arises.

THE TRUTH IS THAT LIFE DOES NOT END WITH DEATH AND EXISTENCE IN ONE FORM OR ANOTHER, BE IT IN HELL, THE ANIMAL WORLD, GHOST REALM, HUMAN FORM OR HEAVEN REMAINS AND SO IF YOUR ACTIONS AND ATTITUDE WILLS DEATH TO YOURSELF AND OTHERS (YOU WANT TO HURT, HARM AND KILL OTHERS) THEN YOUR WISH WILL BE GRANTED AND YOU WILL PERISH. THE TROUBLE IS PEOPLE THINK PERISHING MAY BE QUITE FUN, QUITE OK WHEN IT IS ALWAYS DEADLY EVEN TORMENTING IN A WAY THEY CANNOT NOW IMAGINE. THEY ARE COMPLACENT THAT IT WILL NOT BE TOO BAD WHEN IT IS TORMENTING OR THEY ARE DELUDED THEY ARE GOING TO HEAVEN WHEN THEY ARE GOING THE OPPOSITE WAY.

How crass this world can be:

Apparently a Singaporean tourist returning from Chian, reflecting the Singaporean mentality, kept complaining about delays at the airport for him as a result of the earthquake not sparing a thought about the plight of victims.

DO NOT ASSUME PEOPLE IN THIS WORLD HAS CONSCIENCE. THERE ARE MANY WITH LITTLE OR NO CONSCIENCE, EVEN HIGH UP IN THE HIERARCHIES OF VARIOUS RELIGIONS.

THAT WHY YOU HAVE OIL BUBBLES.

The ugly Singaporean

INSIGHT DOWN SOUTH
By SEAH CHIANG NEE

Have affluent, educated Singaporeans become too self-centred and insensitive to other people’s plights? Can Singapore be considered a First World city with such boorishness? A mature, developed country isn’t defined only by wealth and education; it is also about humanity and concern for others.

JUSTIFIABLY or not, the disastrous Sichuan earthquake has sparked off a re-look here at a Singaporean characteristic that overshadows his economic achievement.

In a TV interview, a tourist who just returned unhurt complained angrily about his encounter with airport delay and telephone breakdown at a time when the Chinese were frantically rescuing people.

One viewer commented: “He kept complaining bitterly as if the whole world owed him an explanation about the airport delay.”

Another added: “the man was practically shouting at the camera. His behaviour was really shocking.”

Thanking on behalf of others:

Quote headline: Thank you. Generous Malaysians have donated 2.2 million to Star Myanmar fund.

Why is he so effusive in his thanks when he is not the recipient of the donations? Only those who have received donations can be truly thankful and it reflects glib or unthinking automatic thank you for him to say so without realizing it is unwarranted and insincere and he has false perception that will end in mad perception.

Why is he so eager to describe Malaysians as generous except to flatter or please others.

NO ONE CAN EXPRESS THANKS ON THE BEHALF OF OTHERS AND IT IS UP TO THE GRATEFUL RECIPIENT HIMSELF TO EXPRESS THANKS JUST AS NO ONE CAN GO TO HELL FOR YOU.

Disguising their crassness & lack of conscience:

For everyone who exhibit the crassness of this Singaporean tourist angrily flailing about inconvenience he suffered as a result of the earthquake there are many more who are hypocrites, who know there are social sanctions against lack of conscience and have learnt to hide and couch their crassness or lack of conscience behind a veneer of acted concern and civility.

No matter how well hidden by a veneer of concern, those who are discerning and God can see through without difficulty and they do not realize they are like ostriches hiding their heads in the sand, they are headed for punishment not just for lack of conscience but faking their possession of conscience.

Upmarket PJ & Being Shocked:

Quote MP Pua: “I'm shocked to see this. This place reminds me of the 1970s Viet-namese refugee camp in Sg Besi! It's shocking to learn that we still have problems like these in an upmarket city like Petaling Jaya,”

Comments: It goes to show that even opposition MPs are deluded. There is nothing up or down market about PJ and it is his false perception that will end in mad perception that PJ is up market. He is expressing his status consciousness that is not based on reason but based on force, on liking or stirring of his mental force attractively with regard to PJ as ‘high class’.

The fact that he said reality is shocking indicates he has a rosy perception of reality or presumption that has now been proved false (he is presumptuous and fallible) and it useless, false and harmful to self and others to stir up his mental force to be shocked. When you speak of shock you are not talking about reason that can be understood but you are talking about your mental force being stunned, fearful and disliking.

IF HE DID NOT BELIEVED WHAT HE SAID IS FULL OF MEANING HE WOULD NOT HAVE SAID IT, HE AND YOU MAY BE RIGHT IT IS MEANINGFUL OR WHAT IS SAID IS DELUDED AND ABOUT THE STIRRING OF MENTAL FORCE TO LIKE, DISLIKE, BE FEARFUL AND STUNNED, IN OTHER WORDS IT IS A COMMUNICATION OF FORCE OR EMOTION THAT IS BLIND, HAS NO UNDERSTANDABLE MEANING AND IS HARMFUL TO HIMSELF AND OTHERS, CONDITIONS HIMSELF AND OTHERS FURTHER TO FORCE.

Evidence of speculation driving oil prices:

Quote: Opec president Chakib Khelil said earlier this week that speculators were responsible for the price increases, not traditional supply and demand (he should know a thing or about oil and if he says speculators are responsible for price increases, it is unlikely he is talking nonsense. Thus Krugman does not realize he is flirting with kamma saying there is no oil bubble when there is a ‘whopping’ bubble to ape ordinary people’s language.).

Speculation that China would need to import more fuel in the aftermath of its earthquake also continued to drive prices, analysts said. (this statement is an admission of market leaders speculating to push up or down prices)

Oil investor T Boone Pickens forecast that prices would reach $150 this year. (Who is he, does he own refineries that need oil to be refined or is he buying oil to sell off for profit or loss or betting with oil?)

Last week, prices were supported by Goldman Sachs forecasting that oil would reach $141 a barrel later this year. (Goldman Sachs is not forecasting for free but for money and based on the often self fulfilling forecasts those who look to it as the ayatollah will buy or sell)

How speculation drives up prices:

Quote: Speculation that China would need to import more fuel in the aftermath of its earthquake also continued to drive prices, analysts said.

Based on the speculation that China will need more oil because of the earthquake which may not be true, speculators will come in to snap up oil anticipating demand and China and whoever else is genuinely in need of oil will be forced to pay more to secure that oil. When they speculate demand will drop, they will dump the oil they hold and even short oil, borrowing oil at current high prices to sell in the hope of buying back at a cheaper fallen price and pocketing the difference.

John Terry’s Instant karma:

By accounts, the abrasive combative Chelsea captain John Terry is ‘inconsolable’ after slipping and thus missing his penalty that would have won the European Champions cup for Chelsea.

It may not be an accident but swift karma because earlier he thought he was clever to disguise his spitting at close range of Man Utd’s Tevez. He pretended to use his sleeve to wipe his mouth as he approached Tevez but you could see him secretly spitting at Tevez and Tevez immediately used his hand to wipe away the spittle.

If he did not evilly spit at Tevez, something that can send him to hell, he might not have slipped and missed the penalty and Chelsea would have won.

George Soros: rocketing oil price is a bubble

What Soros, himself a speculator (with karma due him that is more serious than he and you think), says tallies with what I reasoned out that speculators are the devils at fault for driving up current oil prices.

Thus a person without formal economics education (me) can discern economic truth better than a professor of economics (Krugman).

According to a report in Australian newspaper, ‘the Persian Gulf is choked with supertankers filled with oil that no one wants to buy’ perhaps the missing inventory that Krugman asked, ‘where is the inventory?’
By Edmund Conway, Economics Editor

Last Updated: 1:40am BST 26/05/2008

Speculators are largely responsible for driving crude prices to their peaks in recent weeks and the record oil price now looks like a bubble, George Soros has warned.

The billionaire investor's comments came only days after the oil price soared to a record high of $135 a barrel amid speculation that crude could soon be catapulted towards the $200 mark.

In an interview with The Daily Telegraph, Mr Soros said that although the weak dollar, ebbing Middle Eastern supply and record Chinese demand could explain some of the increase in energy prices, the crude oil market had been significantly affected by speculation.

"Speculation... is increasingly affecting the price," he said. "The price has this parabolic shape which is characteristic of bubbles," he said.

· 'We face the most serious recession of our lifetime'

The comments are significant, not only because Mr Soros is the world's most prominent hedge fund investor but also because many experts have claimed speculation is only a minor factor affecting crude prices.

Oil prices stalled on Friday after their biggest one-day jump since the first Gulf War earlier in the week.

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At just over $130 a barrel, the price has doubled in around a year, causing misery for motorists and businesses.

However, Mr Soros warned that the oil bubble would not burst until both the US and Britain were in recession, after which prices could fall dramatically.

"You can also anticipate that [the bubble] will eventually correct but that is unlikely to happen before the recession actually reduces the demand.

"The rise in the price of oil and food is going to weigh and aggravate the recession."

The Bank of England recently warned that soaring energy and food costs would push inflation above its target range for most of the next 18 months, making it more unlikely that it will cut borrowing costs soon.

Mr Soros warns Britain is facing its worst economic storm in living memory, dwarfing those of the 1970s and early 1990s, with a housing slump and serious recession.

He said: "The dislocations will be greater [than in the 1970s] because you also have the implications of the house price decline, which you didn't have in the 1970s."

The warning undermines predictions that Britain will suffer only a brief and relatively painless recession, unlike the precipitous dives of previous years.

Mr Soros also warned that the Bank's inflation report represents a "Faustian pact", obliging it to keep interest rates high to control inflation, even as the economy is starting to slump.

"You had the nice decade," he said. "Now that is over and you are in a straitjacket."

Soros’ wrong view:

Quote Soros: "Markets play a very useful role and they are amoral, not immoral."

Comment: Markets are not amoral, they are immoral and so he has wrong view that the Buddha said is the way to hell or the animal womb not heaven.

Why are markets immoral?

Markets are never guided by genuine reason but driven by greed, it is a battle of greed with fear of losses between parties that are adversarial, it is a cutthroat world of cutting another’s throat or be cut, merciless and that is immoral not amoral that is sanitizing and justify market actions.

Whatever reason in market is planned or programmed reason or rules that once the trader adopts, he is a slave or robot obeying his investment or speculating or trading plan.

2008: a martian odyssey:

The above headline was applied in reference to the successful landing of a spacecraft on Mars.

No reason is involved in the fabrication of the headline only memorization of a previously catchy phrase ‘2001: a space odyssey’, searching for it in the person’s memory bank, substituting ‘space’ with ‘martian’ and you have a headline that you might think is a product of reasoning but it is a copycat headline based on memorizing, retrieval and substituting certain words in which reason plays no part but force as emotion, attraction for the headline 2001: a space odyssey because it sounds ‘wow’ to him and he wants to stir ‘wow’ in you and it may be inaccurate or false because that 2001 space odyssey and this martian ‘odyssey’ may bear little semblance.

Not as scrupulous as you think:

Even websites like BBC and august banks may not be as scrupulous as you think.

Because I had earlier read that the Dow closed down ahead of the long weekend and seeing the Dow quotation on BBC’s business page showing down, I was curious to know if it was Monday’s close or Friday’s close. Checking the market data which charted the index throughout the day there was nothing to state whether the chart showed Friday or Monday’s trading.

THUS IT IS PRESUMED THAT THE CHART SHOWED THE LATEST TRADING AND THIS WILL BE FINE ON MOST DAYS BUT IF THERE WAS A HOLIDAY ON MONDAY AND THE CHART DID NOT SPECIFY ITS DATE (FRIDAY) THE UNWARY MAY THINK IT WAS A CHART OF MONDAY’S TRADING WHEN IT WAS FRIDAY’S. THUS BBC IS CARELESS IN NOT STATING CLEARLY THE DATE OF TRADING ON ITS CHARTS.

Gritty Japanese continue yen carry trade:

It seems that even despite the volatile plunge of the US dollar that can wipe out any benefit from selling low interest yen for dollars which pay a higher interest, the Japanese investor, both amateur and professional, have continued to do.

This action may not be based on reason but it may be irrational, based on rote behaviour that is addictive and hard to shake off even when it becomes tormenting.

ONCE A PERSON HAS BECOME ADDICTED TO A RITUAL, HE FINDS IT HARD TO SHAKE OFF, JUST AS WARREN BUFFETT MAY BE ADDICTED TO FINDING BUSINESSES TO INVEST IN AND HIS WHOLE LIFE INVOLVES ESSENTIALLY REPLAYING HIS INVESTMENT STRATEGIES OVER AND OVER AGAIN, IT MAY NOT BE A RATIONAL DECISION OF JAPANESE INVESTORS TO CONTINUE TO YEN CARRY TRADE DESPITE TURBULENCE ON THE CURRENCY MARKETS BUT IT MAY REFLECT ADDICTION, IT IS A RITUAL THEY FIND HARD IF NOT IMPOSSIBLE TO STOP EVEN WHEN IT IS SUICIDAL. WHY DO JAPANESE EAT POISONOUS PUFFER FISH AND COMMIT HARA KIRI?

Friday, May 23, 2008

Krugman’s False Argument:

Everything that has occurred must have cause or causes that can be precisely determined, if not by you then by God and so the recent sharp rises in oil prices must have cause or causes that may be known by God. If it is the truth that greed driven unrighteous speculation and speculators is the ONLY cause of these price rises; shortages of production (which has not yet occurred) or increased consumption or demand are mere excuses, not the true causes of the price rises then Krugman is exhibiting a fundamental total false logic and perception, he is completely deceived in saying speculation has nothing to do with it, it is production shortages and increased demand that are the causes.

My unemotional clearly thinking stance or view is opposite his and if I am right he is wrong and wrong view, especially if emotional or forcefully held, according to Buddha is deadly, it is the way to hell or the animal womb and if your view is wrong, your destination is madness and that is not heaven.

(If a commodity is in short supply and essential, it is virtually guaranteed and it takes little financial muscle for speculators to cause its prices to rise sharply in a panic or hysteria driven fashion but if a commodity is in plentiful supply and nonessential, it takes far greater financial muscle and it is not guaranteed that speculators can cause prices to rise sharply)

In the days when cinema going was popular, if a show was popular (if a show was not popular it would be much harder for speculators to make a living) speculators or ticket touts would snap up large blocks of seats to sell on the black market at much higher prices. They would approach genuine patrons who arrived to see the show but were disappointed it was sold out and offer them tickets at much higher prices. The number of seats in the cinema remains the same but the prices patrons had to pay escalated. If speculators did not buy the tickets, the genuine patrons would have got the tickets at the official price. In the same way, the pool of oil remains the same (who says you need to see stock held by speculators in order to see speculators at work) but because speculators have snapped up the oil, genuine purchasers must buy it from these oil touts or speculators at much higher prices.

It is actually very simple to prove by pure reason why Krugman, a professor of economics at Princeton is talking nonsense. He himself has acknowledged in his article and it is widely reported that hedge funds with a lot of money are in various commodities that include currencies, oil, gold and even rice. Are these hedge funds genuinely interested in or in need of the commodities they ‘invest’, actually gamble in? Do hedge funds for example operate refineries so that they need to buy crude oil to refine? If they don’t and yet they invest in oil, they must be speculating, they are in there not for fun or to make losses but they are in there for one sole purpose, hoping for profit and the only way they can make profit is if prices rise so they can sell off the oil contracts they hold or ‘invest’ at a higher price for a profit. If this is not speculation whose presence exerts pressure for prices to rise that would otherwise be absent, what is it? Therefore if you agree there are hedge funds present in oil and they do not really need oil for any purpose then they must be in there for profit that can only come if the value of the stock they hold rises in price and that is speculating and it exerts unwarranted pressure for oil to rise more than it should that consumers have no choice but to ‘cough up’ because oil is largely a necessity not luxury they can forgo. Thus if I am right then Krugman is wrong and there is karma for misleading and confusing others and karma is not the way to heaven but to suffering.

Some decades ago Malaysia, being once the world’s leading tin producer foolishly tried to corner the tin market or was speculating by buying up tin stock that it did not need in the hope that there would be a shortage and prices will rise so that she and fellow tin producers will benefit. What the speculators did not realize is that there was plenty of tin in the world and it was being displaced by plastic (sunset industry) and America had a big strategic stockpile from which it could release tin to make it very expensive to maintain high prices for long.

The very reasons why Malaysia’s effort to ramp up tin price failed are the very reasons in contradistinction why oil speculators’ efforts to ramp up oil prices will succeed because there is little spare capacity, consumers especially America and the rising consumers in China and India would not curtail their consumption in the face of exorbitant price rises or what efforts they made to cut consumption was like a drop in the ocean and in this situation producers and their cohorts the speculators have ‘a field day’ ramping up prices to make fat profits because consumers needed oil at whatever prices and there was no alternative supplies that could break the monopoly or cartel producers and speculators have. If there is only so much oil and speculators come in and bid at the price then when genuine oil consumers come in, they will have to bid at a higher price that will entice the speculators to release the oil that they hold that they have no use but they are holding it for ransom to the highest bidder. This could backfire if there are no higher bidders and prices fell but knowing the tight supply and producers’ reluctance to release more oil, it is a safe bet that they will make a profit and push up oil prices in the process.

OIL SPECULATORS DO NOT NEED TO HOLD SURPLUS OIL OR PHYSICALLY WITHDRAW OIL FROM THE MARKET, WHAT THEY DO IN A TIGHT MARKET IS TO SNAP UP EXISTING OR AVAILABLE ALLOTMENTS OF OIL ON THE FUTURES MARKET THAT WOULD OTHERWISE BE AVAILABLE TO GENUINE OIL PURCHASERS AND BECAUSE THEY HAVE SNAPPED THE ALLOTMENTS UP, WHEN GENUINE PURCHASERS TURN UP AND THERE IS NO SUBSTITUTE SUPPLY AVAILABLE (OIL PRODUCERS REFUSE TO PUMP MORE OIL), THEY MUST EITHER DO WITHOUT OIL OR IF THEY ARE DESPERATE FOR OIL, THEY MUST BID HIGH ENOUGH TO ENTICE SPECULATORS TO SELL THEIR LOTS THAT THEY IN EFFECT HELD FOR RANSOM FOR A HANDSOME PROFIT. AND ONCE OIL PRODUCERS ARE ACCCUMSTOMED TO SELLING THEIR OIL AT NEW HIGHER PRICES AT MUCH GREATER PROFIT THEY WILL BALK AT SELLING OR STOP PUMPING IF PRICES FELL TOO MUCH AND ALSO, IF PRICES FELL SIGNIFICANTLY SPECULATORS WILL COME IN TO SUPPORT OR BUY OIL TO AGAIN CREATE A SHORTAGE THAT CAUSES GENUINE OIL PURCHASERS TO BID HIGHER TO GET THE OIL THEY GENUINELY NEED.

THUS KRUGMAN’S ARGUMENT THAT BECAUSE THERE IS NO PHYSICALLY DETECTABLE OIL HELD OR CORNERED BY SPECULATORS, SPECULATORS CANNOT BE RESPONSIBLE FOR HIGH OIL PRICES IS WRONG, THEY DO NOT NEED TO HOLD PHYSICAL STOCK OR SIPHON OIL FROM THE COMMON POOL, ALL THEY HAVE TO DO IS SNAP UP AVAILABLE ALLOTMENTS IN A TIGHT MARKET FORCING GENUINE BUYERS TO BID HIGHER TO GET THEIR OIL BECAUSE PREODUCERS REFUSE TO OBLIGE BY PUMPING MORE OIL.

KRUGMAN SAYS THAT A SPECULATIVE BUBBLE IS NOT SUSTAINABLE BECAUSE CONSUMERS WILL IN NO TIME CAUSE IT TO COLLAPSE BY CUTTING BACK DEMAND. YES, CONSUMERS CAN STOP DRIVING OR TURN DOWN THEIR THERMOSTATS AND MARGINAL WELLS WILL COME INTO PRODUCTION BUT CAN THEY OR WILL DO IT AND IF THEY DID IT, WILL IT BE TO A SIGNIFICANT AMOUNT AS TO BURST THE BUBBLE?

JUST AS THIEFS OR ROBBERS SELECT THEIR TARGETS CAREFULLY, SPECULATORS ARE NOT THAT STUPID AS TO CHOOSE COMMODITIES IN WHICH CONSUMERS CAN CIRCUMVENT THEIR ACTIONS, IT IS PRECISELY BECAUSE A COMMODITY IS IN SHORT SUPPLY, CONSUMERS NEED IT AND PRODUCERS HAVE LIMITED CAPACITY TO INCREASE PRODUCTION THAT IT IS AN IDEAL TARGET FOR SPECULATIVE ATTACK THAT IS NOT FOR FUN BUT FOR GREEDY UNRIGHTEOUS GAIN.

IT IS PRECISELY BECAUSE THERE IS A SHORTAGE THAT SPECULATION WILL WORK. IF THERE IS NO SHORTAGE AND CONSUMERS CAN OPT TO NOT USE OIL, THEN SPECULATORS ARE WASTING THEIR TIME AND RISKING LOSS.

AS CERTAIN AS YOU WILL FIND FLIES WHEN EXCREMENT IS PRESENT, YOU WILL FIND SPECULATORS AT WORK WHEN PRICES FOR A COMMODITY IS RISING IN A ‘SPECTACULAR’ FASHION THAT ATTRACT GREEDY EYES TO JOIN IN TO STOKE THE FIRE OF RISING PRICES.

If you use enough mental force long enough to make yourself perceive and believe something that is false you will soon perceive it as true when it is a figment of your imagination. Thus it may be through pride, conceit and a need to be different from others that Krugman forced himself to believe in (false) contradistinction from others that speculators are not responsible for the astronomical price rises because they do not hold a stockpile of oil when a stockpile of oil held by speculators apart from the market has nothing to do with the presence of speculation. He is barking up the wrong tree and that is a portent for future madness.

The Oil Nonbubble

By PAUL KRUGMAN

“The Oil Bubble: Set to Burst?” That was the headline of an October 2004 article in National Review, which argued that oil prices, then $50 a barrel, would soon collapse.

Ten months later, oil was selling for $70 a barrel. “It’s a huge bubble,” declared Steve Forbes, the publisher, who warned that the coming crash in oil prices would make the popping of the technology bubble “look like a picnic.”

All through oil’s five-year price surge, which has taken it from $25 a barrel to last week’s close above $125, there have been many voices declaring that it’s all a bubble, unsupported by the fundamentals of supply and demand.

So here are two questions: Are speculators mainly, or even largely, responsible for high oil prices? And if they aren’t, why have so many commentators insisted, year after year, that there’s an oil bubble?

Now, speculators do sometimes push commodity prices far above the level justified by fundamentals. But when that happens, there are telltale signs that just aren’t there in today’s oil market.

Imagine what would happen if the oil market were humming along, with supply and demand balanced at a price of $25 a barrel, and a bunch of speculators came in and drove the price up to $100.

Even if this were purely a financial play on the part of the speculators, it would have major consequences in the material world. Faced with higher prices, drivers would cut back on their driving (but will they cut back in a meaningful way, if they won’t or can’t then Krugman is using false ‘facts’ to bolster his case); homeowners would turn down their thermostats (yes they can but will they do so in meaningful amounts to significantly reduce consumption?); owners of marginal oil wells would put them back into production (yes they have come in but will it be a drop in the ocean?).

As a result, the initial balance between supply and demand would be broken, replaced with a situation in which supply exceeded demand. This excess supply would, in turn, drive prices back down again — unless someone were willing to buy up the excess and take it off the market (if supply is tight and demand is ‘stubbornly’ high then you are not going to defeat the speculators, not until they have inflicted great harm and alternative supplies are found).

The only way speculation can have a persistent effect on oil prices, then, is if it leads to physical hoarding (wrong, no physical hoarding is needed, you just snap up or book the oil that would otherwise not be booked so that when genuine buyers turn up they must buy it at a price you are willing to sell to them and that means higher)— an increase in private inventories of black gunk. This actually happened in the late 1970s, when the effects of disrupted Iranian supply were amplified by widespread panic stockpiling.

But it hasn’t happened this time: all through the period of the alleged bubble, inventories have remained at more or less normal levels. This tells us that the rise in oil prices isn’t the result of runaway speculation; it’s the result of fundamental factors, mainly the growing difficulty of finding oil and the rapid growth of emerging economies like China. The rise in oil prices these past few years had to happen to keep demand growth from exceeding supply growth.

Saying that high-priced oil isn’t a bubble doesn’t mean that oil prices will never decline. I wouldn’t be shocked if a pullback in demand, driven by delayed effects of high prices, sends the price of crude back below $100 for a while. But it does mean that speculators aren’t at the heart of the story.

Why, then, do we keep hearing assertions that they are?

Part of the answer may be the undoubted fact that many people are now investing in oil futures — which feeds suspicion that speculators are running the show, even though there’s no good evidence that prices have gotten out of line. (Are these people investing in futures in need for oil or are they in there speculating, hoping that prices will rise so that they can make a profit? Does their presence exert pressure for oil prices to rise and if it does, isn’t this speculating the cause of prices to rise and what is he talking about that they are not responsible for price rises? He himself is admitting the presence of hedge funds and being a professor of economics, he fails to see that surely their unnecessary greed driven presence will contribute significantly to price rises but instead he insists speculators or hedge funds do not cause price rises. Is he absurd or an emperor with no clothes?)

But there’s also a political component.

Traditionally, denunciations of speculators come from the left of the political spectrum. In the case of oil prices, however, the most vociferous proponents of the view that it’s all the speculators’ fault have been conservatives — people who you wouldn’t normally expect to see warning about the nefarious activities of investment banks and hedge funds.

The explanation of this seeming paradox is that wishful thinking has trumped pro-market ideology.

After all, a realistic view of what’s happened over the past few years suggests that we’re heading into an era of increasingly scarce, costly oil.

The consequences of that scarcity probably won’t be apocalyptic: France consumes only half as much oil per capita as America, yet the last time I looked, Paris wasn’t a howling wasteland. But the odds are that we’re looking at a future in which energy conservation becomes increasingly important, in which many people may even — gasp — take public transit to work.

I don’t find that vision particularly abhorrent, but a lot of people, especially on the right, do. And so they want to believe that if only Goldman Sachs would stop having such a negative attitude, we’d quickly return to the good old days of abundant oil.

Again, I wouldn’t be shocked if oil prices dip in the near future — although I also take seriously Goldman’s recent warning that the price could go to $200. But let’s drop all the talk about an oil bubble.

Three types of speculators:

No matter how great the demand for a commodity or how short its supplies, it is never the commodity itself that demands a price rise but greedy people who do and they come from three sources.

Consumers themselves may speculate. Hearing rumours of shortages that may be maliciously spread, they rush in not only to buy more than they normally need to but bid up the prices thereby causing price rises that can become permanent if retailers become accustomed to higher new prices. Thus consumers are shooting themselves in the foot by hoarding.

Retailers and producers may speculate by holding back stock to profit from price rises on rumours of shortages.

Then there is the pure or out and out speculator who like a shark circling, senses a kill and place bets or buy stocks he does not need in anticipation of price rises and selling it on for a profit.

Any rises in production costs cannot justify the price rises and just because there are shortages or increased demand does not mean prices must rise but it reflects profiteering driven by speculation and speculators that can be maintained indefinitely if supplies remain tight and demand is unabated once prices have risen to a much higher level.

How speculators create and maintain price bubbles:

The truth may be that it is speculators and nobody else who create price bubbles and not only do they create bubbles, they also maintain bubbles. Because speculation is contagious, as soon as news gets out of fabulous gains through speculation more people get sucked in to speculate and thus the high prices is maintained at a permanent high plateau unless something disastrous happens like credit is withdrawn from speculators.

THE REASON WHY OIL HAS RISEN TO AND BEEN MAINTAINED AT SUCH ARTIFICIALLY HIGH LEVELS IS THE (PERMANENT) EXISTENCE OF A POOL OF FINANCIALLY POWERFUL SPECULATORS IN THE OIL MARKET ABETTED BY PRODUCERS WHO ARE HAPPY TO OBLIGE BY NOT PUMPING MORE OIL TO REAP MUCH HIGHER PROFITS. THESE SPECULATORS OR HEDGE FUNDS USE THEIR FINANCIAL MUSCLE TO PUSH PRICES TO EVER HIGHER LEVELS AND GENUINE OIL PURCHASERS (EG REFINERS) HAVE NO CHOICE BUT TO PAY MORE IF THEY ARE TO GET OIL AND ONCE THESE OIL CONTRACTS HAVE BEEN SOLD OFF FOR A HANDSOME PROFIT WHEN PRICES ROSE ((BECAUSE THEY ARTIFICIALLY OR VIRTUALLY BOOSTED DEMAND), SPECULATORS NOW ON THE SIDELINES WILL COME IN TO BUY BACK IF PRICES FALL SIGNIFICANTLY (SPECULATORS ‘SUPPORT’ THE MARKET) AND BECAUSE THERE IS STRONG BUYING SUPPORT BY SPECULATORS, THERE IS AN ARTIFICIALLY HIGH FLOOR THROUGH WHICH OIL PRICES WILL NOT FALL BELOW AND SHOULD OIL PRICES RISE AGAIN, SPECULATORS WILL AGAIN SELL OFF FOR A PROFIT SO THAT SPECULATORS DICTATE THE PRICE BAND FOR OIL PRICES AND SLOWLY BUT RELENTLY PUSH IT EVER HIGHER AND HIGHER.

BECAUSE SPECULATORS HAVE SOLD OFF THEIR CONTRACTS AT HIGHER LEVELS, SHOULD OIL FALL TO A SIGNIFICANTLY LOWER LEVEL, THEY WILL COME BACK IN TO BUY ONLY TO RESELL IT AGAIN WHEN PRICES INEVITABLY RISES AS GENUINE BUYERS COME LOOKING FOR OIL TO BUY AND THUS BY REPEATED BOUTS OF BUYING AND SELLING BY SPECULATORS THEY SLOWLY BUT SURELY PUSH PRICES HIGHER AND HIGHER TO BE MAINTAINED AT SUCH HIGH LEVELS AS IF PERMANENT BECAUSE OIL SUPPLIES ARE TIGHT AND THERE IS NO ONE TO BREAK THEIR STRANGLEHOLD OF THE MARKET.

(Thus as outlined above, this is the plausible mechanism by which speculators with sufficient financial muscles can push prices up for profit and then maintain artificially high prices seemingly with impunity by repeatedly coming back to buy should prices fall. Speculators profit by price rises and maintaining the high prices by buying low to sell high whilst producers profit by getting five times more for their oil at $125 compared to $25 in the past and it is a win-win situation for speculators and producers)

SPECULATORS PROFIT IN TWO WAYS: BY SNAPPING UP OIL OPTIONS AT LOW LEVELS AND SELLING THEM LATER FOR PROFIT WHEN PRICES INEVITABLY RISES AS GENUINE OIL CONSUMERS COME LOOKING FOR OIL TO BUY AND THEY THEN PROFIT BY SUPPORTING PRICES. SHOULD PRICES FALL AS THEY WILL, THEY COME IN TO BUY TO AGAIN CAUSE AN ARTIFICIAL SHORTAGE THAT FORCES PRICES UP AGAIN TO RESELL AGAIN FOR PROFIT. BECAUSE SUPPLY IS TIGHT, THERE IS STRONG DEMAND AND LINITED PRODUCTION, SPECULATORS HAVE LITTLE FEAR IN COMING IN TO SUPPORT HIGH PRICES, SHOULD PRICES FALL TO A LEVEL THAT IS PROFITABLE FOR THEM TO COME IN, THEY WILL RE-ENTER THE MARKET TO SUPPORT PRICES WITH THE AIM OF SELLING AGAIN WHEN PRICES INEVITABLY RISE AGAIN SO THAT IN A TIGHT MARKET THEY CAN MAINTAIN EVEN RIDICULOUSLY HIGH LEVELS ‘EVEN IN PERPETUITY’.

ASSUMING PRODUCTION COSTS ARE ABOUT THE SAME, A FIVEFOLD INCREASE IN PRICES AT $125 PER BARREL COMPARED TO $25 WILL SEE PRODUCERS REAPING PROFITS THAT IS MORE THAN THE FIVE TIMES THE PRICE INCREASE BECAUSE COSTS ARE NON RECURRING. THUS THE GREATEST BENEFICIARIES OF PRICE RISES ARE THE PRODUCERS THEMSELVES WHO GET FIVE TIMES MORE FOR THEIR OIL WHOSE PRODUCTION COSTS REMAIN THE SAME.

Paul Krugman defiantly insists that oil is a non bubble and speculators are not to be blamed for high prices but it reflects increased demands and looming shortage of oil.

Taking a baseline of $25 per barrel compared to the current price of $125 per barrel, a five fold increase in crude oil prices, the only way the current price is not a bubble (assuming a fixed profit margin for producers) is if producers’ cost of production has risen five times and there is no way this is so and so the five times increase in crude oil price must reflect profiteering by oil producers catalyzed or engineered not by producers but mostly if not entirely by speculators.

WHETHER THERE IS AN OIL BUBBLE AND IT IS MOSTLY IF NOT ENTIRELY FUELED BY SPECULATORS OUT TO MAKE ‘A QUICK BUCK’ WITHOUT WORK (UNRIGHTEOUS GAINS) FROM PRICE RISES AND SUPPORTING UNREALISTIC HIGH PRICES THAT SUBSEQUENTLY LARGELY, PERMANENTLY BENEFITED OIL PRODUCERS AT THE EXPENSE OF CONSUMERS WITH GRAVE CONSEQUENCES FOR THE GLOBAL ECONOMY IMPACTING DISPROPORTIONATELY ON THE POOR WHO NEED OIL IS NEVER SUBJECTIVE BUT OBJECTIVE, MAY BE KNOWN BY GOD IF NOT BY YOU AND IF IN TRUTH THERE IS AN OIL BUBBLE AND IT IS LARGELY CAUSED BY SPECULATORS THEN YOU HAVE SERIOUS WRONG VIEW THAT IS THE WAY TO HELL OR THE ANIMAL WOMB ACCORDING TO THE BUDDHA IF YOU DEFIANTLY TRUMPET THAT ‘THE OIL NON-BUBBLE’ AND SPECULATORS ARE NOT AT FAULT.

Because Krugman emotionally trumpets an oil non bubble and insist that speculators are not responsible, he is forcefully perceiving what if it is false, is false perception and logic and that will end in madness for him in the future.

Just as there was a stock market bubble, an internet stock bubble and property bubble, there is now by contagion an oil bubble driven by speculation or greed for unrighteous gains without regard for the harm done to the economy and others. This oil bubble is driven mostly if not entirely by the herd instinct greed caused by speculators with a lot of money piling into the oil future markets artificially raising demand for an inventory of oil that is fixed or tight because producers refused to pump more.

There is no shortage of oil, at least not for the moment even despite considerably increased demand from China and India and even if there is a shortage it does not raise prices if production costs remain largely the same and the reason prices have risen so high is because of profiteering benefiting largely producers engineered by speculators out for selfish quick gains if the prices of oil contracts they hold rises in value and their continued propping up oil prices if they fell to ‘support’ levels for them to buy back at profit what they sold earlier higher to then resell when prices inevitably rises again.

THE REASON WHY OIL HAS RISEN TO AND BEEN MAINTAINED AT SUCH ARTIFICIALLY HIGH LEVELS IS THE EXISTENCE OF A POOL OF FINANCIALLY POWERFUL SPECULATORS ABETTED BY PRODUCERS WHO ARE HAPPY TO OBLIGE BY NOT PUMPING MORE OIL TO REAP MUCH HIGHER PROFITS. THESE SPECULATORS OR HEDGE FUNDS USE THEIR FINANCIAL MUSCLE TO PUSH PRICES TO EVER HIGHER LEVELS AND GENUINE OIL PURCHASERS (EG REFINERS) HAVE NO CHOICE BUT TO PAY MORE IF THEY ARE TO GET OIL AND ONCE THESE OIL CONTRACTS HAVE BEEN SOLD OFF FOR A HANDSOME PROFIT, SPECULATORS WILL COME IN TO BUY BACK IF PRICES FALL SIGNIFICANTLY AND BECAUSE THERE IS STRONG BUYING SUPPORT BY SPECULATORS, THERE IS AN ARTIFICIALLY HIGH FLOOR THROUGH WHICH OIL PRICES WILL NOT FALL AND SHOULD OIL PRICES RISE AGAIN, SPECULATORS WILL AGAIN SELL OFF FOR A PROFIT.

BECAUSE SPECULATORS HAVE SOLD OFF THEIR CONTRACTS AT HIGHER LEVELS, SHOULD OIL FALL TO A SIGNIFICANTLY LOWER LEVEL, THEY WILL COME BACK IN TO BUY AND RESELL IT AGAIN WHEN PRICES INEVITABLY RISES AS GENUINE BUYERS LOOK FOR OIL TO BUY AND THUS BY REPEATED BOUTS OF BUYING AND SELLLING BY SPECULATORS THEY SLOWLY BUT SURELY PUSH PRICES HIGHER AND HIGHER TO BE MAINTAINED AT SUCH HIGH LEVELS BY SUPPORTING IT WITHOUT FEAR BECAUSE THEY KNOW OIL SUPPLIES ARE TIGHT AND THERE IS NO ONE TO BREAK THEIR HOLD OF THE MARKET.

Where is the inventory?

It is silly of Krugman to ask ‘where is the inventory’ held by speculators to prove their presence in raising prices.

In the past cattlemen used to driven their cattle to auction yards and whilst they may still do so, trade nowadays is mostly done virtually say on the Chicago Mercantile Exchange is not only without actually cattle but even without pieces of paper but electronically through computer entries or bids. Thus you do not need to see a pool of ‘black gung’ held by speculators as he disrespectfully called it (with karma) but now all financial shenanigans is undertaken bloodlessly or in sanitized form by punching in buy and sell orders on your computers.

Malaysian government sweet talking to you:

The Malaysian government likes to tell the public how good they are in not raising pump prices for petrol, how it is subsiding prices to the tune of billions but what they fail to tell you is that this money does not come out of UMNO’s pockets but the nation’s pockets and that the profits reaped by Petronas because Malaysia is nett oil exporter is far greater than what the government loses in price subsidy.

POLITICIANS LIKE TO TELL YOU HOW MUCH THEY ARE DOING FOR YOU, HOW IT COSTS THEM BILLIONS TO SUBSIDIZE PUMP PRICES BUT WHAT THEY DON’T TELL YOU IS HOW MUCH THE GOVERNMENT REAPED THROUGH THE FIVEFOLD RISES IN OIL PRICES THAT FAR EXCEED THE SUBSIDIES IT PAYS AND PERHAPS EVEN MUCH OF THE PROFIT FROM EXPORTING PETROL IS SIPHONED OFF OR STOLEN BY POLITICIANS.

Teach you all things:

Jesus said the counsellor will not speak on his own authority but what he hears he will speak and he will teach you all things.

Am I not teaching you the economic truth that no one else will teach you, not even a professor of economics who likes to think of himself as truthful and good?

I am no student of economics, let alone professor of economics but do I not speak economic sense better than the professor of economics?

Oil producers profit much more:

For a fivefold increase of oil price from $25 to $125 per barrel, producers get more than a fivefold increase in profit because production costs are largely if not entirely non recurring and once accounted for, the rest or excess above is pure profit and so the $100 extra oil producers get is pure profit for oil that they did not make but is made by nature or God that they merely tap from the ground.

By contrast speculators profit from the price difference between what they bought the oil contract (that they have no interest in or use for) and what they sold for and they are in to support oil prices should they fall not because they are so good but because of greed, they think oil is worth more and they will return to snap up oil in the hope of gaining reaping gains should they rise. It is a bet and something drastic can happen that will make prices plunge (eg bird flu killing many people causing drastic reduced demand for oil) and then they will deservedly get their fingers burnt.

IT IS NOT PRODUCERS WHO CAUSED THE OIL BUBBLE BUT IT IS GREEDY SPECULATORS OUT TO MAKE A KILLING THAT CREATE BUBBLES BY CREATING ARTIFICIALLY MORE EVEN MUCH MORE DEMAND THAN THERE ACTUALLY IS BY COMING IN TO SNAP UP AVAILABLE OIL LOTS AND THEN RESELLING TO GENUINE USERS FOR MUCH HIGHER AND SUBSEQUENTLY THEY PLAY A KEY ROLE IN MAINTAINING HIGH PRICES BY SUPPORTING PRICES, THEY WILL COME IN TO BUY SHOULD PRICES FALL AND ONLY SELL IF THEY MAKE A PROFIT. ALTHOUGH PRODUCERS MAY NOT HAVE CREATED THE BUBBLE, THEY ARE THE BIGGEST BENEFICIARIES OF THE WINDFALL AS A RESULT OF SPECULATORS’ KILLINGS, THEY GET MUCH MORE WITHOUT WORK FOR THEIR OIL.

Malaysia’s non subsidy:

The Malaysian government is not using money to buy oil at high prices to sell to you cheap, it is merely foregoing its inflated profits because even selling at current prices, Petronas is making handsome profits, only not as handsome as if they sold you at double the price.

THUS THE GOVERNMENT ACTION IS MERELY THE WITHOLDING OF INCREASED PROFITS NOT WITHOUT SELFISH MOTIVE, FOR FEAR OF VOTER REPERCUSSIONS, PETRONAS IS STILL MAKING ‘OBSCENE’ PROFITS, ONLY LESS AND WHAT IT FOREGO DOMESTICALLY IS MADE UP FOR THE INCREASED PROFIT OF EXPORTED OIL THAT MAY BE SECRETLY BEING SIPHONED OFF BY POLITICIANS.

To be expected not amazing:

If I am an ordinary person without formal economics training then what I say that makes more sense than Krugman, economic professor at Princeton is amazing but supposed I am the counsellor who comes from the Father, then it is not amazing but to be expected that what I say may make far more sense than a mere professor of economics since God sees and knows all and the counsellor is not speaking his own authority but whatever he hears (from the divine) he will speak.

THUS WHEN PEOPLE TALK OF AMAZEMENT IT REFLECTS THEIR FALSITY AND PRETENSE, IF YOU SEE AND KNOW THE TRUTH, NOTHING IS AMAZING, AS THE BUDDHA SAID BUT TO BE EXPECTED.

Why current oil price TOTALLY unjustified, an abomination:

Oil is now touching $125 per barrel.

Even at $25 per barrel, there was ample, even handsome profit for producers and its intermediaries and it is unlikely that cost of production has risen anywhere near $25 let alone substantially above @25 per barrel and hence the extra $100 per barrel is pure profit and this is unjustified and may be an abomination in the sight of God all due to the dirty hands of speculators out to make profit without work for which the poor will suffer and the economy will be derailed.

IT IS UNLIKELY IF NOT IMPOSSIBLE THAT TOTAL COST OF PRODUCTION OF OIL NOW EXCEEDS $25 PER BARREL AND SO THE EXTRA $100 IT NOW COST ($125 PER BARREL) IS PURE PROFIT AND THIS PROFITEERING AT THE EXPENSE OF CONSUMERS WITHOUT REGARD FOR OTHERS ALL CATALYZED BY SPECULATORS WHO HAVE GRAVE KARMA. BY COMING IN TO BUY OIL, SPECULATORS DEPRIVE GENUINE OIL USERS OF OIL THAT WOULD OTHERWISE BE THERE AND PROVIDE MORE COMPETITION OR DEMAND THAN THERE IS FOR OIL. THUS ANYONE WHO SPECULATE MAY LAUGH THE WAY TO THE BANK BUT HE MAY WEEP ALL THE WAY TO HELL AND BEYOND IN ETERNAL PUNISHMENT.

KRUGMAN SAYS THERE IS NO OIL BUBBLE, PRICES ARE JUSTIFIED BECAUSE OF INCREASED DEMAND AND IMPENDING SHORTAGE. JUST BECAUSE THERE IS INCREASED DEMAND AND SHORTAGE DOES NOT MEAN OIL MUST COST SO MUCH BUT IT REFLECTS OPPORTUNISM, PARASITES JUMPING IN TO HOARD AND PUSH PRICES UP THAT IT IS SO HIGH.

THUS IF I AM RIGHT, KRUGMAN IS A FOOL AND HEAPING GRAVE KARMA FOR MISLEADING OTHERS.

Why need so much profit?

If you could make say $12 profit from selling oil at $25 per barrel, why do you need to make $112 profit from selling oil at $125 per barrel? Conniving oil producers are only too happy to accept the largesse (not without karma).

To repel speculators, governments could pass law that only those with licence or genuine need for oil are allowed to bid for oil and oil producers could flood the market with oil but they will not do so because they themselves are compromised.

Speculation and speculators:

A speculator is someone who may be a consumer, retailer, producer or none of the above who hoards a commodity more than he actually needs or he does not need it, with the purpose of making a profit from an anticipated impending rise in price and by his action of coming in to buy or buying more than he needs (consumer buying three houses ‘for investment’ than one), he exerts artificially increased competition or demand for the commodity that would tend to raise prices.

Thus when there are rumours of price rises consumers themselves will speculate by buying more or hoarding eg 3 bags of sugar instead of the usual 1, retailers and producers may with hold stock and those who normally have no need for sugar may come into buy sugar in the name of making profit.

Speculation is based blindly on force never true reason and irrational. It is greed with a plan targeting a coveted commodity. It is the attraction for hoarding a commodity, a plan on how to go about it and how to trade (strategy of trade eg with bouts of profit taking) that once formulated may be modified but is executed with force in which the speculator is merely the slave or robot of his speculation.

Because speculation is based on force and not reason it is irrational and conditioning so that it becomes more intense, compelling (and will end in madness) and the speculator cannot help speculating or rushing to take positions in whatever is in vogue to rise in price eg property, stamps, sea shell and what have you. If there is demand for shit he will buy and hoard it if he thinks it will rise in price.

JUST AS THERE IS A MONSTROUS STOCK MARKET AND PROPERTY MARKET, THERE IS A MONSTROUS OIL BUBBLE ALL THE COMBINED HANDIWORK OF MANY SPECULATORS AND THE HIGHER THE PRICES RISE THE MORE PAINFUL WILL BE ITS COLLAPSE THAT MAY TAKE SOME TIME TO EXHAUST ITS DEMAND OR FOR SOME DISASTER TO KNOCK THE LEGS SUPPORTING THE BUBBLE.

An absurd justification:

Because the cost of production of oil today is unlikely to be more than the $25 it used to cost a barrel, it means at current prices, producers are reaping at least $100 of pure profit from the rise in oil prices.

ACCORDING TO KRUGMAN, BECAUSE THERE IS INCREASED DEMAND AND IMPENDING SHORTAGES, IT IS JUSTIFIED TO INCREASE YOUR PROFIT FROM SELLING OIL FROM $12 PER BARREL TO $112 PER BARREL.

JUST BECAUSE THERE IS INCREASED DEMAND AND IMPENDING SHORTAGE DOES NOT MEAN YOU MUST INCREASE YOUR PROFIT FROM $12 TO $112 BUT YOU DO SO BY USING DEMAND AND SHORTAGE TO THREATEN OR CAJOLE CONSUMERS TO PAY YOU MORE AND THIS IS SIN FACILITATED BY SPECULATORS.

THUS ANYONE WHO SAYS INCREASED DEMAND AND SHORTAGES JUSTIFY PRICE RISES IS JUSTIFYING OPPORTUNISM AND PROFITEERING, JUSTIFYING SIN WITH KAMA NOT MERIT.

Not really competent:

People, even in the higher echelons of society are merely sophisticated robots rehashing in recombination whatever is recorded in their mental jukeboxes or copied from others. They may appear competent and fool themselves and others that they are genuine people but their thinking and doing are constrained by invisible rules and frameworks or webs.

Thus they cannot really think through what the current oil prices are about, they are not sure whether it is justified or not, what are the causes of the price rise, whether it is a bubble, opportunistic profiteering or reflects genuine increased production costs that must be passed on to consumers.

ANYONE WHO CAN GENUINELY, TRULY THINK WILL REALIZE THERE IS NO JUSTIFICATIONS FOR SUCH HIGH OIL PRICES, INCREASED DEMAND AND SHORTAGE IN SUPPLY ARE MERELY EXCUSES, SURELY COST OF PRODUCTION IN TOTALITY IS LESS THAN THE $25 PER BARREL IT USED TO COST AND THE EXTRA $100 TODAY IS PURE OPPORTUNISTIC PROFITEERING BY VARIOUS PARTIES IN WHICH SPECULATORS ARE THE ONLY CATALYSTS.

A SURE WAY TO DAMPEN SPECULATION IS TO BAN ALL SPECULATORS FROM BUYING BY REGISTERING ALL BUYERS AND VETTING THEM FOR NEED FOR OIL. WHY HAS GOVERNMENTS NOT THOUGHT OF IT? OR HAVE THEY TURNED A BLIND EYE TO IT OR DO THEY NEED TO CONVENE A PANEL OF EXPERTS TO ADVISE THEM TO CONTROL BUYERS?

IT MAY BE TRUE YOU AND FELLOW ACADEMICS LIKE KRUGMAN ARE GREAT GENUINE LOGICIANS OR IT MAY BE A MYTH, THEY ARE ALL SOPHISTICATED ROBOTS CONSTANTLY REHASHING IN RECOMBINATION WHATEVER AND HOWEVER THEY PERCEIVE, THINK, SPEAK AND DO FROM RECORDINGS IN THEIR MINDS. WITHOUT FIRST RECORDING OR MEMORIZING WHAT THEY WANT TO SAY OR DO AND THEN RETRIEVING IT TO REHASH FROM IT, PEOPLE WHO ARE ROBOTS CANNOT OTHERWISE FUNCTION. THUS WHEN THEY LEARN TO SAY OR DO NEW THINGS THEY ARE PAINSTAKING LEARNING TO MEMORIZE THEM AND THEN REPRODUCE THEM INITIALLY HESITANTLY BUT INCREASINGLY WITH SUCH SLICKNESS THEY THINK THEY ARE GENUINE WHEN WHAT THEY SAY OR DO IS OLD HAT, REGURGITATED.

Prices can also plunge:

Lulled by a consistent unabated stream of steady gains foolish speculators who like to think of themselves as investors do not realize that prices can also plunge just as they can soar.

For instance if you bought three houses and hoped tenants will pay off the mortgage for you and should the tenants leave because they bought their own houses and you are unable to find replacement tenants you may be hard pressed to pay the bank instalments.

Should there be a bird flu that killed many such that people are scared to go to work and public places like shopping centres, planes and cinema, rumours may spread about a plunge in oil prices and in a panic to dump their contracts speculators may cause a plunge in prices that is more than warranted and not only may unwary speculators lose a lot of money but if they borrowed heavily they may even be forced to commit suicide to escape crushing death.

This is natural punishment and there is divine punishment yet to come in hell and eternal punishment.

According to the Buddha there is righteous and unrighteous wealth. What is earned fairly through sweat is righteous wealth, what is worked without sweat eg by cheating and speculating on the markets is unrighteous wealth that as easily as they come can go as easily and more.

Can you imagine the excruciating pain of having your tooth or nail pulled not just once but one by one? This can happen and knowing that excruciating pain is possible in this world and there is no escape if one is a sinner, the wise person will learn not to commit any evil.

Why is oil called black gold?

The reason why oil is called black gold is because it is very valuable to those who possess it and that means producers and the oil companies with the knowhow to extract it.

Thus the cost of production for oil must be quite low and the profit margin high otherwise it would not be called black gold.

Crude oil as distinct from refined oil does not need to be manufactured or raw materials and the costs after infrastructure costs have been recovered consist of extraction costs, storage and transport.

THUS IT IS LIKELY THAT EVEN AT $25 PER BARREL CRUDE OIL IS VERY PROFITABLE AND WHATEVER IS PAID ABOVE $25 IS ADDITIONAL PROFIT OR ICING TO THE CAKE.

Guaranteed to burst oil bubble:

If governments were to announce that within 1 month all oil buyers will have to licensed and inspectors will check whether they have any use for the oil, if they have no use for oil it would be confiscated, then it will flush out all speculators who will forced to sell, instantly depressing demand and buying support for oil.

However, whilst consumers will welcome this oil producers and speculators will not be very happy about this and may oppose it exposing their true colours.

The day I was born:

I was not born on any ordinary day but I was born on the eight day of the eight month of the eight year in the year of the dragon under the zodiac sign of Leo. The year 1979 is an eight because if you add all digits it is 26 and 2+6 is 8.

Thus it may not be an accident that I triggered consciousness changes that swept around the world after 1977 and again in recent years and I speak of many things that no other man speaks or are capable of speaking.

There are 10 digits from 0 to 9 and of these only two, 0 and 8 are composed of loops that are continuous or encircling.

Of the twelve signs of the zodiac, Leo stands out amongst all the others (Gemini, Sagittarius, Cancer, Capricorn, Aquarius, Virgo, Libra, Pisces, Taurus, Aries, Scorpio) as a being of power and ‘noblesse’.

Again of the twelve signs of the Chinese Zodiac, the dragon stands out from the rest.

THUS IT MAY NOT BE A COINCIDENCE THAT THE MAN WHO CHANGED THE CONSCIOUSNESS OF THE WORLD MANDATORILY IN 1977 AND RECENT YEARS, WHO SPEAK IN A WAY NO ONE ELSE DOES AND INTERPRETED WHAT THE BUDDHA AND JESUS SAID IN A WAY NO ONE DOES WAS BORN NOT ANY ORDINARY DAY BUT ON A SPECIAL DAY.

Oil experts’ bizarre logic:

I read an article in Reuters that said oil prices are getting out of control ($130 per barrel) and may be due for a severe correct but they think that it will not fall below $80 per barrel because it is a cost price, the cost it takes to tap oil from marginal wells.

But most of the oil on the market is from wells that are not marginal and surely it is insane to price oil according to what it would take to tap marginal wells that may be an insignificant part of total output. Following this logic, if there was oil on the moon and it takes $1000 per barrel to tap that then the minimum price of oil should be $1000 per barrel. If such people are running the world it is little wonder but to be expected that they will lead the world to disaster.

Mankind from top to bottom are barking up the wrong tree.

If the world is truly concerned about oil prices rising out of control hurting the economy and everyone then the simplest thing is to regulate the oil market, register all buyers and stop those with no business with oil from buying and screening those who buy from any hanky-panky.

The Malaysian government is not subsidizing the oil price, it is merely foregoing collection of profits that would accrue if oil was sold in this country reflecting current prices.

Edward Kennedy has brain tumour

Senator Edward Kennedy is known as a staunch liberal

There were allegations that the young woman who drowned in the car he drove was pregnant with his baby and there are rumours of heavy drinking and womanizing that dogged the Kennedy clan and so what is happening to him may not be without basis but the working out of karma in which it is only one instalment of many instalments of pain to come that the Buddha said is as vast as an ocean and lasts even aneternity.

US Democratic Senator Edward Kennedy has a malignant brain tumour, doctors at Massachusetts General Hospital say.

Mr Kennedy, 76, was flown from Cape Cod to the hospital in Boston at the weekend after suffering a seizure.

Doctors says tests reveal a tumour in Mr Kennedy's left parietal lobe. His wife and children have been with him but have not issued a statement.

The youngest brother of assassinated President John F Kennedy, he is one of the best-known Democratic politicians.

"Preliminary results from a biopsy of the brain identified the cause of the seizure as a malignant glioma in the left parietal lobe," doctors Lee Schwamm and Larry Ronan said in a statement.

Mr Kennedy's treatment will be decided after more tests but the usual course includes radiation and chemotherapy, the doctors said.

"He has had no further seizures, remains in good overall condition, and is up and walking around the hospital," they added.

He is expected to remain in hospital for the next few days.

Mr Kennedy is the second longest-serving member of the Senate. He has been an active supporter of Barack Obama for the Democratic nomination for US president.

Political dynasty

Mr Kennedy was first elected senator for Massachusetts in November 1962 - shortly after turning the requisite 30 years of age - to replace his brother, who had been elected president in 1960.

EDWARD MOORE KENNEDY

1932 Born, youngest of nine siblings

1962 Becomes country's youngest senator

1963, 1968 Brothers President John F Kennedy and Senator Robert F Kennedy both assassinated

1969 "Chappaquiddick incident" - Kennedy flees scene after road crash in which his young passenger dies

1980 Runs unsuccessfully for Democratic nomination against sitting President Jimmy Carter

Profile: 'Teddy' Kennedy

Since then he has been re-elected seven times.

Born into a rich and powerful Irish-American Catholic family, the son of Joseph Kennedy, Edward "Teddy" Kennedy became the head of the clan after the death of his three elder brothers.

The eldest, Joseph Jr, was killed while flying a bomber during World War II.

John was assassinated while president in 1963, and Robert was shot dead while running for president in 1968.

Edward, or Teddy, as he is known, ran against sitting President Jimmy Carter in 1980, but failed, after struggling to put the infamous "Chappaquiddick incident" behind him.

He had, in 1969, crashed a car off a bridge, and while he escaped, his young female passenger drowned in the water below. He fled and did not report the incident to police for over eight hours.

He later pleaded guilty to leaving the scene of an accident and received a suspended two month sentence.

Mr Kennedy is also the father of Congressman Patrick J Kennedy.

Bartering marijuana for bread in front of cop:

People read this and they chuckle not realizing the true significance of this event in that it indicates the behaviour of the person arrested was robotic or rehashed and he was just caught out on this instance.

Some people have a defiant ‘up your nose’ attitude in that they don’t care if what they say or do will upset anybody and they wilfully ignore the presence of others when they conduct something that may land them in trouble. This is rule bound robotic or automatically repeated behaviour that in this case backfired on him because he should be afraid of trying to barter marijuana in front of a policeman who can arrest him whilst he will usually get away with his standardized up your nose behaviour if it was an old lady present.

THE ONLY REASON HE LANDED HIMSELF IN TROUBLE IS BECAUSE HIS BEHAVIOR IS NOT SPECIFIC FOR THE OCCASION BUT STANDARDIZED AND HIS USUAL ATTITUDE IS ‘I DON’T GIVE A DAMN’ WHICH IS FINE FOR MOST CIRCUMSTANCES BUT NOT SO IN THIS CIRCUMSTANCE WHEN THERE IS A POLICEMAN PRESENT.

Buffet goes fishing for investment in Europe:

“Fishing for investments” is what Warren Buffet reputedly the world’s richest man has done many times and successfully and ignorant people think it is reason that is the source of his repeated ‘fishing’ for investment but once the plan to invest was formulated, perhaps even decades ago, plus or minus tweaking or modifications of his modus operandi, he is merely a robot following his investment plans that is always the same with him that differs from others.

THUS YOU MAY HAVE WRONG VIEW IF YOU THINK HIS SUCCESSFUL INVESTMENT STRATEGIES IS BASED ON REASON SPECIFIC TO EACH OCCASION BUT BECAUSE HE IS AN EMOTIONAL MAN WITH STYLE, HE MAY BE REHASHING THE SAME INVESTMENT PLANS (WITH MODIFICATIONS) THAT HAS SERVED HIM SO WELL OVER THE AGES AND SO HE IS A ROBOT OR SLAVE USING FORCE NOT REASON TO FOLLOW HIS PLANS HE FORMULATED DECADES AGO.

Fishing is an inappropriate colourful way of putting it that is intended to stir readers’ emotions and impress with one’s writing prowess. “Buffet explores investment in Europe” is more correct.

An urge not reason to invest:

After decades of seeking to invest, Warren Buffett has a very strong hard to resist urge to invest, he is always on the lookout for investment opportunities to apply his investment strategy (assessment and then how to enter) and it is this insane blind, mad drive to invest that drives him on to keep investing and investing and investing that he increasingly finds hard to resist and may one day lead to disaster through misjudgement.

Many do not like price controls:

Oil producers do not like price controls or restrictions to those who can buy oil because it means they will not get as high a price as they like if there are more bidders, natural or artificial. All oil producers care is the more who bid the merrier because they will get a higher price.

Speculators don’t like price controls or their exclusion from bidding because they have no business in oil because they would be deprived off a commodity (oil) that is lucrative to speculate in.

Traders or dealers don’t like price controls because the volume of deals will drop and they thrive on commissions.

As a result, in the name of vested or selfish interests, speculators are given a field day ramping up prices and justifying exorbitant prices and not only do consumers suffer, the economy may be brought to its knees because oil is essential for it.

IT IS NOT THAT THERE IS NO SIMPLE SOLUTION TO OIL PRICES SPIRALLING OUT OF CONTROL BECAUSE OF SPECULATION, THERE IS, BUT GOVERNMENTS, PRODUCERS, DEALERS AND SPECULATORS DO NOT LIKE IT AND THEY DO NOT WANT CONTROLS RESTRICTING THOSE WHO CAN TRADE IN OIL.

PERHAPS OIL EXPERTS HAVE NEVER EVEN THOUGHT OF IMPOSING OIL TRADING RESTRICTION EITHER BECAUSE THIS IDEA IS NOT PROGRAMMED IN THEIR MINDS OR THEY WILLFULLY TURN A BLIND EYE TO IT.

THERE IS NO TRUE REASON WHY OIL SHOULD RISE FROM $25 TO $135 PER BARREL IN SUCH A SHORT TIME BECAUSE THE COSTS CANNOT RISE SO FAST. UNLESS THE COST OF OIL PRODUCTION HAS ESCALATED PHENOMENALLY IN SUCH A SHORT TIME PRICE RISES ARE UNJUSTIFIED AND REFLECTS UNJUST PROFITEERING BY OIL PRODUCERS AT THE EXPENSE OF CONSUMERS HELD TO RANSOM.

JUST BECAUSE THERE IS A SHORTAGE OR IMPENDING SHORTAGE DOES NOT MEAN PRICES MUST RISE BECAUSE IF COST OF PRODUCTION REMAINED THE SAME AND THERE WAS AMPLE EVEN HANDSOME PROFIT AT $25 PER BARREL THERE IS NO TRUE REASON FOR SUCH PHENOMENAL PRICE RISES EXCEPT FOR OPPORTUNISM AND PROFITEERING.

IF THIS IS A HUGE RAPIDLY INFLATING BUBBLE AND YOU SAY IT IS NO BUBBLE, IT IS JUSTIFIED, AS KRUGMAN INSISTS, THEN YOU HAVE SERIOUS FALSE PERCEPTION THAT WILL END IN MAD PERCEPTION, PROFESSOR OR NO PROFESSOR.

Why do people pan for specks of gold?

When there were rumours that specks of gold were found on the beach where the River Rompin discharged into the sea, hoards of people toiled in the hot sun panning for specks of gold that they then sold to middlemen ‘dutifully’ on hand to buy them.

The reason is at current gold prices, those tiny specks of gold are worth very much, worth getting sunburnt and bitten by insects.

In the same way oil is called black gold because it is very valuable or the profit margin must be very high and so even at $25 per barrel the profit must be handsome let alone now at $130 per barrel.

Selective seeing:

Why is it that Krugman has no difficulty seeing a property and share market bubble but he cannot see an oil bubble?

Why is it that people can see stretching, changing speed and strength of force in cars, music and many things but they cannot see the CONSTANT force stretching, force changing speed and loudness in their speech and how these are totally unnecessary, for show (to deceive, impress, please, intimidate and dominate) and leads to stress, restlessness and distraction?

THE REASON IS THAT THEIR SEEING IS NOT LIVE SPECIFIC FOR THE OCCASION BUT PROGRAMMED SO THAT THEY CAN SEE BUBBLES IN HOUSES BUT NOT IN OIL, THEY CAN SEE SPEED CHANGES IN CARS BUT NOT SPEED CHANGES IN THEIR SPEECH EVEN WHEN IT IS TOTALLY UNNECESSARY OR MAD AND LEADS TO STRESS.

THEY MUST BE TOLD TO SEE SPEED CHANGES IN THEIR SPEECH, SEE BUBBLE IN OIL AND THEN THEY MUST PROGRAM THEMSELVES TO SEE, OTHERWISE THEY CANNOT SEE.

Krugman may see a bubble in property because he likes to see it as a bubble for reasons best known to him but he dislikes seeing oil price rises as a bubble again for reasons best known to him that is likely prejudice. Perhaps he thinks Americans have been profligate in consuming oil and such price rises are deserved and therefore not a bubble to counter excessive consumption.

What’s really behind the Mahathir Gambit?

Quote headlines: ‘What’s really behind the Mahathir gambit’ and ‘Dr M’s desperate strike back’.

Comment: By saying ‘really’ you mean to say you know Dr M’s motives. If you happen to be wrong, you are not only deluding others but you are deluding yourself that what you postulate is true is true when it is false.

Whatever motive in Dr M’s decision to resign may be very different from what is stated and even Dr M himself may not know clearly what his motives are. It may be emotional, lashing out angrily or he is mad or near mad. Therefore it is not necessarily a gambit but just flailing out in a huff.

IF YOU DID NOT SEE OR KNOW SOMETHING IT IS BEST NOT TO TAKE UP POSITIONS OR SPECULATE BECAUSE YOU YOURSELF WILL START TO BELIEVE IT IS TRUE WHEN YOU ARE ONLY SPECULATING AND THE REASONS WHY DR M LEFT UMNO MAY BE VERY DIFFERENT AND PROSAIC THAN THE GRAND GAMBIT THAT YOU POSTULATE. IT IS BECAUSE PEOPLE HAVE EAGERLY SPECULATED AND OFFERED THEIR OPINIONS THROUGHOUT THEIR LIVES THAT THEY INCREASINGLY BELIEVE IS TRUTH THAT THEIR MINDS ARE NOW CLUTTERED WITH MANY BELIEFS THAT ARE IN TRUTH DELUSIONS THAT THEY HOLD AS SACROSANCT.

What price gold?

Gold is now trading at near $1000 per oz when not too long ago it was struggling at US$35 per oz.

Although gold may be a precious commodity in scarce supply, it is not manufactured and whatever cost is due to recovery (mining) and processing and there is actually ample stocks in the reserves of various nations like the US whose release may flood the market causing a ‘massive’ drop in prices.

So is there any justification for the current absurd price of gold that is a bubble just like oil is a bubble, held captive by speculators?

There is no justification for such lofty prices for gold because its cost of production cannot have soared so high and the reason it is so high is because it has been ramped up, held by a form of cartel or cabal of vested interests and consumers see no wrong in coughing up such exorbitant prices for gold.

Speculators push prices up progressively by buying low and selling high and those foolish investors in gold who have bought it high are unlikely to see off low and they will help prop up prices by holding on to their gold so that speculators have less gold to mop up to push prices higher. Further greedy eyes on the sidelines watching the spectacular profits made by speculators join in so that the momentum to push prices higher becomes stronger and stronger.

Again speculators will support the market, having sold gold at a higher price, they will come in to buy should gold drop from lack of support and once demand returns they sell it off at a higher price to unsuspecting foolish consumers.

GOLD IS NOT MANUFACTURED AND IT IS IMPOSSIBLE THAT COSTS COULD HAVE RISEN SO HIGH. THUS EXCESS PRICE FROM $35 TO NOW US$1000 PER OZ IS PURELY DUE TO PROFIT DRIVEN BY WICKED GREEDY SPECULATORS SO THAT DESIIROUS PUBLIC MUST PAY THROUGH THEIR NOSES IF THEY WANT TO BUY GOLD. JUST AS THE GOLD PRICE IS A BUBBLE, THE PRICE OF OIL TOO IS A BUBBLE, NOTWITHSTANDING THAT OIL IS ESSENTIAL AND IN DEMAND.

How speculators push up prices:

By coming in to snap up the commodity eg rice at a low price, they create artificial increased demand that would tend to cause the prices to rise and they sell off when they have made a handsome profit (profit taking).

Invariably prices will fall down because the increased demand is artificial and the speculators will then come in to buy (support the price) and hold until inevitably demand rises again pushing up prices and they again sell off for a profit.

After recurrent bouts of buy and sell, the peak prices and support prices keep rising so that those who do not keep an eye on the ball discover prices of oil has soared from $25 to $130 per barrel, gold from $35 to $1000 per oz.

DO NOT UNDERESTIMATE THE CAPACITY OF SPECULATORS WITH ENOUGH FINANCIAL CLOUT SUCKING IN MORE SPECULATORS TO DRIVE UP PRICES OF COMMODITIES TO RIDICULOUS PRICES HURTING THE POOR AND IMPACTING ON THE ECONOMY.

The victims enjoy it for awhile:

Reflecting how foolish this world is, consumers who are the victims of such exorbitant price rises may for awhile enjoy rising prices and join in to ramp up prices by buying more than they need, increasing demand artificially further.

Thus those who are fascinated by gold may be thrilled that the price of the gold they possess has soared in value and go out to buy more stimulating the market so that people perceive the heightened prices as justified but when the prices become too exorbitant the consumers may scream angrily but cannot do much about it. Apparently Indians who love gold have threatened not to purchase gold but that does not seem to depress gold prices.

EVERYTHING HAS AN ALLURE WITH A PRICE AFTERWARDS. THE FOOD OR SEX MAY TASTE EXQUISITE WHILST EMOTIONS ROIL THE MIND BUT AFTERWARDS, THE FOOL IS DEFLATED AND DISGUSTED.

Speculators work on anxiety and contagion:

The reason why speculators succeed in ramping up prices is because they stir panic or anxiety of deprivation for that commodity that is contagious so that consumers are willing to snap up the commodity at the higher prices such that even those reluctant have no choice but to cough up. If everyone is now paying $1 for their nasi lemak and you were to offer the trader 50 sen, he will not sell but keep for a customer who will pay $1, thus either you pay up or you are deprived.

A PERSON WHO IS FEARFUL OR AROUSED CANNOT THINK CLEARLY BUT WILL RUSH IN TO SNAP UP THE COMMODITY AT A HIGHER PRICE ENCOURAGING OTHERS TO FOLLOW SUIT FOR FEAR OF FURTHER PRICE RISES PERPETUATING A VICIOUS CYCLE OF ESCALATING PRICES.

Recruiting the victims:

When the consumer or victim has bought gold for $250 per oz, he is likely to hold and not sell for anything less and being greedy and fancying himself as a long term investor he will only sell for say $300 or more and thus he has been recruited unwittingly to help ramp up prices because this person will withhold stock from the market that may depress prices freeing the speculator to corner whatever gold that remains that is low in price.

THUS AN IMPORTANT INTENDED AND UNINTENDED FUNCTION OF SPECULATORS IS TO DEPOSIT THE COMMODITY AT ELEVATED PRICES ON ANY SUCKERS WHO WILL GET IT OFF THEIR HANDS WHO WILL THEN ACT AS HOLDERS, FREEING THE SPECULATOR’S FUNDS TO DELVE INTO THE MARKET TO FURTHER PUSH UP PRICES.

Australian buckled up his beer than his child:

This is not a statement of truth but the way it is said and what is said is aimed at stirring the reader’s emotions to laugh.

THUS HERE AND EVERYWHERE ELSE, PEOPLE NEVER SPEAK THE UNADULATERATED TRUTH BUT WHATEVER THEY SAY OR DO HAS ACCOMPANYING STYLE, HAS MOTIVE IN BEING AGGRESSIVE (TO ATTACK YOU), TO STIR LIKE (TRYING TO MAKE PEOPLE LAUGH IS STIRRING LIKING) AND DISLIKE, MAKE YOU SAD, HURT OR FEARFUL.

INTENTION THE BUDDHA SAID IS KARMA AND THESE INTENTIONS ABOVE IS KARMA.

The staggering scale of China’s earthquake:

Quote: It is difficult to describe the staggering scale of China’s earthquake.

Again, ordinary people may be fooled to perceive it as a statement of truth when the person is addressing your emotion, trying to stir your emotion.

Reason has no force to make something difficult, reason only sees and knows and what is seen and known cannot be difficult. It is force and emotion that can make it difficult for a person to describe something. His emotions stirred to intense levels, he is overwhelmed and at loss for words that he wants to share with you and want you to do the same.

Again reason cannot cause staggering and it is only your emotional perception that can cause something staggering. If there is no force or emotion in your perceiving or seeing, what is seen cannot stagger you.

THUS WHAT HE IS SAYING IS INTENDED EVEN UNCONSCIOUSLY TO STIR READERS’ EMOTIONS TO MOVE THEM AND THAT IS FALSE AND HARM, NOT BASED ON REASON.

The person who says the vast scale of China’s earthquake is speaking the truth not intending to stir emotions. Vast means big and nothing to do with force, staggering is about force. You have false perception if you perceive the scale of something can stagger.