Thursday, February 05, 2009

Why America Is To Blame



The Blame Game:


Quote BBC headline: The blame game. World leaders attack US economic leadership.


The above statements are always false and rote, rehashed to fit the situation. You do not stick labels to a situation but you specifically examine the facts of the situation to see what is wrong with it or the truth of the matter.


The US is the leader of the pack and the US has been very reckless, driven by greed and over consuming beyond its means that postpone problems that grew in magnitude until it has become a cancer that may be terminal.


The rest of the world may themselves be far from blameless but that does not absolve US from blame that is major because it perceived itself as the leader, it throws its weight around to get its way, it prints money that is used worldwide to buy goods and it benefits unfairly from the world depositing their wealth in the US currency apart from a free loan of US 600 billion circulating the globe.


THUS THE PERSON WHO SPOKE OF THE BLAME GAME MAY NOT MEAN WHAT HE SAID, HE MAY BE SIDING WITH THE US, HE AND YOU MAY THINK HE SPEAKS THE TRUTH BUT WHAT HE SAID IS FALSE, IT IS NOT A BLAME GAME BUT THE US DESERVES A LARGE SHARE OF THE BLAME AS THE RECKLESS LEADER OF THE PACK OF THE HEEDLESS. YOU WILL BE A FOOL TO ACCEPT WHATEVER THIS PERSON SAYS AS GOSPEL BECAUSE HE IS BLIND.


Who is to blame for the derivatives & financial innovations?


The derivatives and many financial innovations that is at the heart of today’s financial crisis originated in the US and were sanctioned or allowed to flourish by the authorities there and subsequently disseminated throughout the world.


AT THE HEART OF THE CRISIS IS THE DERIVATIVES AND DANGEROUS EXPANSION OF CREDIT THROUGH FINANCIAL ‘INNOVATIONS’ THAT HAD ITS GENESIS IN AMERICA.


APART FROM THIS AMERICA THROWS ITS FINANCIAL WEIGHT AROUND, TOUTS ITSELF AS LEADER AND BY VIRTUE OF ITS CURRENCY BEING THE CURRENCY OF WORLD TRADE, REAPS CONSIDERABLE UNFAIR ADVANTAGE WHICH IT HAS NOT HARNESSED FOR GOOD BUT TO SATISFY ITS GREED.


IT DOES NOT MATTER IF THE OTHER NATIONS ARE TO BE BLAMED OR DUPED BY THE US TO JOIN IT, BUT IF THE US HOLDS A DISPROPORTIONATE SHARE OF RESPONSIBILITY FOR WHAT HAS HAPPENED, IT IS TO BE BLAMED, IT IS BLAMEWORTHY AND TO SPEAK OF THE BLAME GAME IS BESIDES THE POINT, REFLECTS ADVANCED FALSE PERCEPTION AND LOGIC.


Why America may be mostly to be blamed:


America may be like the pied piper who led the flock of mice to the cliff and doom.


It has been stated by many that derivatives is at the heart of the financial crisis, the default and collapse of banking giants is at the heart of the financial crisis that has starved even legitimate viable businesses of credit that may lead to the collapse of the world economy.


The recent reckless surge in oil prices that were due entirely to speculators had its origins too in America, in Enron, in Morgan Stanley and Goldman Sachs secretly even cornering the market and pushing up prices that shook or destabilized the world economy leading to its subsequently decline.


IF AMERICA WAS THE SOURCE OF DERIVATIVES, AMERICANS WERE RESPONSIBLE FOR SPECULATIVELY PUSHING UP OIL PRICES THAT HURT THE ECONOMY THEN HERE ITSELF AMERICA MUST ASSUME THE LION’S SHARE OF THE BLAME, NOT CONSIDERING HOW AMERICA THROWS ITS FINANCIAL WEIGHT AROUND AND PRINTS PAPER TO BUY GOODS FROM OTHERS.


WITHOUT THE DERIVATIVES OR THE SPECULATIVE OIL PRICE RISE, THE WORLD MAY NOT BE IN SUCH A BIG MESS.


IT IS NOT GENUINE REASON, HE DID NOT SEE OR KNOW AMERICA IS INDEED NOT TO BLAME MOSTLY, THAT CAUSED THE WRITER TO CALL IT THE ‘BLAME GAME’ BUT IT IS DISLIKE, THE STIRRING OF HIS MENTAL FORCE AT THE SIGHT OF WORLD LEADERS CRITICISING AMERICA THAT DROVE HIM TO CALL IT DISMISSIVELY THE ‘BLAME GAME’.


 


 


Chinese migrant job losses mount


(Deluded experts had touted China & India to be the locomotives to pull the world economy through its tough times but even before this, I knew they were talking nonsense, China is not the emerging economic superpower and the world may sink together)






By Chris Hogg
BBC News, Shanghai





China says 20 million migrant workers have lost their jobs during the economic downturn - three times greater than had been suggested previously.


A survey carried out in 15 provinces suggests around 15% of the total migrant labour pool is now unemployed.


Each year between five and seven million new workers from rural areas come to China's biggest cities looking for work.


They join a migrant worker labour pool estimated at around 130 million.


There are fears that large numbers of unemployed workers could lead to social unrest.


Economic malaise


"If we put these figures together, we have roughly 25 to 26 million rural migrant workers who are now coming under pressure for employment," said Chen Xiwen, the director of the Central Rural Work Leading Group.


Mr Chen provides advice for China's leaders on policy for the countryside, where an estimated 750 million people live.


His researchers visited around 150 villages across the country to try to build an accurate picture of how the economic malaise here is spreading.


The data they collected suggests the number of migrant workers now unemployed is far higher than that suggested by the director of the National Bureau of Statistics last month.


Ma Jian Tang told reporters in January he thought roughly 5% of the country's 130 million migrant workers had returned to their villages after losing their jobs.


The situation varies across the country. A recent report in the respected Chinese current affairs magazine Caijing suggested one in 10 workers from Guangxi, a poor province in the south of China, next to Guangdong, had returned home unemployed.


The magazine found the situation was almost as bad in Hubei in central China.


Preventing unrest


The fear, of course, is that large numbers of unhappy unemployed workers in rural areas could cause trouble.


"Maintaining stable and quite fast economic development is the main task for 2009's economic work," said China's security chief Zhou Yongkang according to a report in the Chinese Communist Party journal Seeking Truth.


Officials have been told to do what they can to "nip problems in the bud" - to try to resolve them before they can provoke protests.


A new government document setting out rural policy for the year ahead warns that this year it will be hard to improve the incomes and lives of farmers, because "shocks to agricultural and rural development are constantly emerging".


That worries officials because China wants to boost domestic consumption to try to bolster flagging economic growth.


Rural incomes have been rising for five years, and that has helped to prop up the demand for goods that years ago rural households might have gone without.


Remittances from family members working in the cities have played an important part in the improvement of living standards in the countryside.


The government's 4,000bn yuan ( $586bn, £412bn) stimulus package announced last autumn includes plans to extend the electricity grid, subsidise the purchase of domestic appliances and extend rural access to healthcare and spending, but some economists are not sure that that will be enough to persuade people to spend.


And they warn even this estimate of the numbers of unemployed migrant workers could be on the conservative side.


The true picture may be considerably worse.


King of frogs?


Supposed the Perak PKR assemblymen were offered millions to jump and Anwar never offered any money to the BN MPs to jump, they even approached Anwar then without ascertaining the facts behind PKR and BN defections you lump them together and call Anwar the king of frogs, you are slandering Anwar and that can send him even to hell.


Buy America:


Apparently there are bills being considered in American Congress to legislate buy America that may provoke retaliation.


EVEN IF THE ‘BUY AMERICA’ POLICY IS SUCCESSFUL, IT MAY NOT DO MUCH IF ANY BECAUSE THE ECONOMIC PLIGHT OF AMERICA IS FAR WORSE AND IT IS A SIGN OF DESPERATION AND LIKE THROWING A BUCKET OF WATER AT A RAGING FIRE. IF IT TRIGGERS A TRADE WAR, IT MAY BE EVEN WORSE.


THUS IF YOU PERCEIVE ‘BUY AMERICA’ TO BE THE ANSWER TO THE CRISIS WHEN IT IS OF LITTLE USE, YOU ARE DELUDED AND HEADED FOR INSANITY.


Australians will cruise through crisis:


Quote: MANY workers will cruise through the financial crisis and don't know what the fuss is for, say experts.


These are early days yet and without seeing and knowing you should not speak too soon, and you tout yourself as an expert.


If you get it wrong, you are speaking carelessly and there will be judgment for misleading others and the pain is far worse than you think.


You have not been to hell yet so how would you know that you will not mind it or it won’t be too bad.


Those who cannot go to heaven will be thrown into the furnace and by their actions, many will be left behind to perish.


The Perak shenanigans:


After reading RPK’s latest posting the significance of the events in Perak is clear to me.


By engineering the defection of the 2 assemblymen UMNO would have seized power in Perak but the earlier defection of an UMNO assemblyman meant that it would still be short and so now that the election commission has understandably ruled on the side of the 2 assemblymen that their presigned resignation letters are invalid and therefore no by election is necessary, the option may be for the current government to approach the sultan to dissolve the assembly, otherwise the evil hands of the BN may be at work to further engineer or bribe defections.


What Perak events tell of Najib & UMNO:


It may not be coincidental that Najib recently installed himself as head of Perak UMNO and now they are trying to wrest the state from the opposition.


Perak may have been targeted because of the narrowness of the majority. The nation is faced with many serious economic difficulties and Perak is hardly a vital state that BN must control and it reflects that BN is not interested in governing but in gaining control and then to abuse the power to plunder that it is priority and an obsession to wrest the state back.


Supposed millions had been offered to the two assemblymen to switch and Anwar did not offer that to BN MPs then what is happening in Perak reflects an interest in politicking and wresting power than governing the country.


Again Najib appears in charge in another scheme that is hare brained like so many before (National service, eurocopter, KT by election).


THAT NAJIB RECENTLY REPLACED THE FORMER MB AS HEAD OF PERAK UMNO SUGGESTS NAJIB MAY BE IN CHARGE OF WHAT IS HAPPENING IN PERAK WHICH MAY BE MINDLESS OBSESSION TO WREST POWER BACK IN A STATE THAT IS VULNERABLE BECAUSE OF A NARROW MAJORITY. UMNO AND NAJIB IS MORE INTERESTING IN POLITICKING AND WRESTING POWER THAN RULING.


NAJIB MAY ACTUALLY BE A BUNGLING INCOMPETENT AND HIS ASCEND MAY NOT BODE WELL FOR MALAYSIA.


Good at scheming and fighting, not governing:


The politicians of BN especially UMNO are good at scheming evilly and fighting both physically and verbally or using the law (police and court) to straightjacket the opposition but it is poor even hopeless at governing.


If it is true that Najib invited Malay contractors to come onstage and click at whatever small scale project worth $30,000 to be awarded without consideration whether the contractor is qualified and he even boasts that it is a world record for government dispensing projects, it reflects his height of delusion apart from flaunting the law that prevents bribery of voters in elections.


Players 1 credit crisis 0:


You have false perception that will end in mad perception that is never pleasurable if you perceive or equate the apparent maintenance or even surpassing of transfer expenditures for EPL footballers as Players 1 credit crunch 0.


There is no need to say this and the person is trying to be smart, to twist reality to fit into his fabrication because there is no football match in which players beat the credit crunch 1-0.


You think it is funny but when you are seized by mad perception (ants crawling all over you when there aren’t), it will not be funny.


Because the British pound has dropped a lot, in real terms, even though amounts may be record, it may be less and it is not true that clubs and players are not feeling the chill of the economic downturn but it is slowly, even rapidly engulfing the hyped world of football.


PLAYERS 1 CREDIT CRISIS 0 IS A WAY OF PUTTING SOMETHING AND THEREFORE ALL ABOUT STYLE NOT SUBSTANCE AND IT IS ALWAYS FALSE, A FABRICATION AND WHOEVER MUST FABRICATE MUST SUFFER.


Why the Buddha is correctly to say existence is an illusion:


If existence is free with no debts accrued and full of pleasures and no sorrows or pains, then a case may be made for existence, even if it is meaningless or make believe.


But the fact is existence is not free, existing beings accrue karma to be repaid in serious everlasting pain for things said and done and it is a mirage not real and everlasting (the world will end).


(WHY IS IT A FACT THAT LIFE IS NOT FREE? IT IS A FACT BECAUSE THERE IS CONSTANT UNNECESSARY USE OF FORCE TO STRETCH SYLLABLES, CHANGE SPEED AND LOUDNESS THAT HAS EQUIVALENTS IN THEIR MOTIONS OF ALL BEINGS TRAPPED HERE AND IT IS THE SOURCE OF THEIR INSOLUBLE STRESS, RESTLESSNESS, DISTRACTION, FEAR, SADNESS AND HURT THAT IS NOT ONLY TORMENTING BUT CONDITIONING SO THAT THEY BECOME INCREASINGLY INTENSE AND WILL END IN MAD TORMENT)


There are those who argue that surely this world is real just as I can touch solid objects, feel textures, smell and taste consistently.


If this world is real, how come the Buddha and Jesus can walk on water, fly through the air & walk through walls. How can the Buddha encompass your mind in his and know what you are thinking? If the sun is so hot and big, how can the Buddha touch it with his hand as he says?


THE FACT THAT BREAD CAN BE CREATED OUT OF NOTHING, DISEASES HEALED, THE DEAD BROUGHT BACK TO LIFE, THE BUDDHA CAN FLY THROUGH THE AIR, WALK ON WATER AND GO THROUGH THE EARTH REFLECTS THAT THIS WORLD IS NOT REAL BUT A FABRICATION THAT CAN BE UNFABRICATED.


JUST AS OBJECTS AND AFFAIRS IN A DREAM IS SO REAL WHILST YOU ARE DREAMING AND WHEN YOU AWAKE YOU WOULD BE A FOOL TO PURSUE THEM OR TREAT THEM AS REAL, IN THE SAME WAY THIS WORLD IS A MESMERIZATION, IS FALSE AND DECEPTIVE, ONLY REAL AND MEANINGFUL TO THOSE ASLEEP.


BECAUSE EXISTENCE IS NOT FREE, THERE IS SERIOUS DANGERS IN SUFFERING FROM THE SLIGHTEST FAULT, THERE IS POTENTIAL FOR GREAT EVERLASTING TORMENT IN CONTINUED FOOLISH EXISTENCE, IT BEHOVES OF THOSE WHO ARE CONCERNED ABOUT SUFFERING TO TURN AND EXIT THIS WORLD FOR HEAVEN AND THEN TO UNBIND THERE IF POSSIBLE ACORDING TO WHAT THE BUDDHA TAUGHT.


Underwhelmed:


Bill Thompson is underwhelmed by Digital Britain report


If the person did not find what he said meaningful he would not have said it and so he must find what he said meaningful when it is meaningless.


When a person is overwhelmed it means his mental force is stirred strongly to like or dislike something out of his control.


Thus in saying he is underwhelmed (not impressed) he is saying his mental force is not stirred at all.


WHAT IS THE POINT OF STIRRING AND NOT STIRRING YOUR MENTAL FORCE AT SOMETHING WHEN FORCE IS BLIND AND MEANINGLESS AND ITS STIRRING LEADS TO STRESS, RESTLESSNESS AND DISTRACTION? STIRRING YOUR MENTAL FORCE DOES NOT HELP YOU UNDERSTAND SOMETHING NOR FORMULATE RATIONAL RESPONSES BUT STIRRING FORCE ACTUALLY HAMPERS UNDERSTANDING AND APPROPRIATE ACTION SO YOU ARE A FOOL TO TALK ABOUT BEING OVERWHELMED OR UNDERWHELMED BY SOMETHING. WHAT MATTERS IS IF SOMETHING IS WORTHLESS OR USEFUL.


ONLY FORCE CAN OVERWHELM, GENUINE REASON ONLY SEES AND KNOWS AND HAS NO FORCE TO OVERWHELM AND SO IN SPEAKING OF UNDERWHELMING YOU ARE TALKING ABOUT FORCE NOT REASON.


Iran satellite move sparks fears:


This is a false and mad statement.


Only force can spark and so he is speaking of force that is blind and harmful.


Why should Iran’s satellite move spark fear and of what use is that?


The correct or sane thing to do is to become aware with genuine reason all the relevant facts regarding Iran’s satellite move and how they might spell danger and to take corrective measures if possible. If no corrective measures are possible then sparking all the fear in the world will not do any good but instead driven by fear you suffer and may take irrational measures.


Why is UMNO so keen to accept damaged goods?


These two assemblymen were being charged for corruption if I am not mistaken.


Why is UMNO so keen to embrace politicians who may be corrupt? Should they not wait until they have been cleared?


By being eager to embrace these two tainted assemblymen UMNO is indicating it has little or no scruples.


EVEN IF THE ELECTION COMMISSION SIDED WITH THE ASSEMBLYMEN BECAUSE THEY SAID THEIR RESIGNATION LETTERS WERE NOT VALID, IN THE DIVINE PERCEPTION THEY HAVE BROKEN THEIR WRITTEN PROMISE TO RESIGN AND THE DIVINE PUNISHMENT IS FAR WORSE THAN WHATEVER MATERIAL REWARD AND IF THE ELECTION COMMISSIONER ACTED ON INSTRUCTIONS, GRAVE KARMA AWAITS HIM TOO.


Shoppers tighten belts despite bargains on Orchard Road:


Do you see shoppers tightening their belts? If not, it is a clumsy false way what may in truth be little shopper response to bargains on Orchard road.


People who do not know they are robots always say things in certain ways and so when a situation like this arise, they search their mental jukeboxes and find ‘tighten their belts’, like it and regurgitate it for the occasion.


Do you expect the assemblymen to admit the letters were valid?


The Election Commission’s reasoning for not calling by elections was because the assemblymen said the letters were not valid.


What do they expect the assemblymen to say, that they were valid?


How many thieves will admit they stole and just because they denied they stole does not mean they did not steal?


THUS THE REASONING BEHIND THE ELECTION COMMISSION’S DECISION IS FACILE, A CONVENIENT EXCUSE FOR DOING SOMETHING THAT IS UNFAIR.


DE FACTO, THE ASSEMBLYMEN HAVE ADMITTED THEY SIGNED THE LETTERS, THEY WERE NOT FORGERIES AND IF THEY HAVE COMMITTED THEMSELVES TO STEPDOWN THEN THEY ARE RENEGING WITH SERIOUS CONSEQUENCES FOR THEM.


If you get sucked in you will suffer terribly:


I was watching Najib announcing with discernible glee the fall of the opposition Perak state government.


Nowadays I am not aroused to be repelled by it.


NO MATTER WHO YOU ARE, AN OPPOSITION OR BN SUPPORTER OR NAJIB OR HIS PROTAGONIST, IF YOU GET SUCKED IN TO BE EXCITED OR ANGERED BY DEVELOPMENTS YOU ARE BONDING YOURSELF TO FORCE (AND NOT DENYING YOURSELF AS JESUS COMMANDED) AND WILL RETURN HERE TO SUFFER GREAT TORMENT NOT FOR ONE LIFETIME BUT EVEN ANOTHER ETERNITY.


NOT ONLY IS GETTING EXCITED OR UPSET BY DEVELOPMENTS ALWAYS SUFFERING, AGITATING THE MIND WITH FORCE THAN HARMS IT, IT IS CONDITIONING AND THUS CONDITIONED OR BONDED TO THRILL AND UPSET, YOU WILL RETURN HERE NOT IN PLEASURE BUT AGONY.


FOR A PERSON WHO HAS SHED THE DUST AND TORMENT OF THE PAST, I DO NOT ENVY THE VICTORS OR VANQUISHED IN THIS EPISODE EMOTIONAL PEOPLE FIND SO ABSORBING.


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