Thursday, December 24, 2009

Rising property prices in Asia prompt...

 

Rising property prices in Asia prompt bubble fears:
People think they talk great sense but they talk foolishly. When you speak of ‘fear’ you mean you are still not sure there is a bubble but you suspect.


IF THERE HAS BEEN A BIG PROPERTY BUBBLE FOR MANY YEARS EVEN A DECADE AND NOW YOU ARE TALKING OF FEAR OF A BUBBLE, DON’T YOU LOOK FOOLISH RATHER THAN WISE THAT YOU THINK?


THE ONLY JUSTIFIED RISE IN PROPERTY PRICES IS IF THE COSTS OF BUILDING HAS RISEN AND BECAUSE PRICES HAVE RISEN FAR OUTSTRIPPING COSTS, IT IS SPECULATIVE AND THEREFORE THERE HAS BEEN A SPECULATIVE BUBBLE FOR A LONG TIME.


‘Fears’ means you are still not sure it is a bubble, you suspect there is a bubble when the bubble is getting terminal, going to burst.


Terminal cancer patient fears he may have cancer:


The person who speaks of rising prices prompting fears of a bubble is like the person with terminal cancer voicing his fears he may have cancer.


He thinks he talks sense but anyone in his right mind can see he has advanced cancer.


If there is such a thing called a property bubble it can be clearly defined as such and such and it can be determined when that bubble started from data of the past. If the bubble has been inflating for a long time and it is now close to bursting and you fear or suspect, cannot see there is a massive bubble, aren’t you foolish?


Exposing they reason with force:


“Rising property prices in Asia prompts bubble fears” unwittingly exposes that emotional people use force (that is blind and the wrong tool) through emotion to reason rather than genuine, specific to the occasion understanding of the situation.


The statement guided by genuine specific to the occasion reason devoid of emotion states: Rising property prices in Asia indicates a bubble.


What is the point of raising fear that is blind, consumes energy, is stressful and roils or muddies the mind impeding and even rendering impossible clear seeing and understanding?


The truth is that stylish emotional people are never capable of true specific to the occasion understanding the situation and using that understanding to reason or come to a conclusion specific to that occasion. Whatever reasoning they have is rehashed from memory to fit the occasion and because the reasoning is designed to fit a class of occasion rather than an occasion, it never fits perfectly and often is seriously erroneous.


Thus they have a concept of what a bubble is and the perception of rising property prices stirs or triggers their emotional fear (a characteristic stirring of their mental force) to recognize or conclude that this may mean, not means there is a bubble. Thus it is the perception of rising property prices that stirs their mental forces and it is this stirred mental force that searches, finds and applies the recorded explanation that there may be a bubble.


The person with genuine understanding will understand that there is no reason for property prices to rise spectacularly unless underlying costs have risen spectacularly and in the absence of such cost increases the rises must be driven by speculation and therefore there IS not MAYBE a bubble.


IT IS A DEEP SEATED SELF AND OTHER DECEPTION THAT EMOTIONAL PEOPLE CAN TRULY UNDERSTAND AND REASON. THEY CAN NO MORE TRULY REASON THAN A SOPHISTICATED AUDI SPORTS CAR CAN REASON ON ITS CHARGE UP THE TWISTING DANGEROUS CLIMB UP PIKE’S PEAK.


ALL EMOTIONAL PEOPLE HAVE A SET OF EXPLANATIONS OR UNDERSTANDINGS OF EVENTS THAT CAN OCCUR, MORE INTELLIGENT ONES HAVE MORE STORED EXPLANATIONS AND THESE EXPLANATIONS MAY BE MORE ACCURATE IN SOME THAN IN OTHERS BUT NO MATTER HOW ACCURATE, THEY ARE APPROXIMATIONS AND EVEN THOUGH THESE EXPLANATIONS EXISTS IN THEIR MINDS THEY MAY RETRIEVE THE WRONG EXPLANATIONS FOR THE OCCASION EG KRUGMAN ‘REASONS’ THERE IS NO OIL BUBBLE DESPITE MUCH EVIDENCE IT IS A BUBBLE EVEN CORNERED MARKET BY THE ‘BIG BOYS’.


WHATEVER IS RECORDED AND REHASHED TO FIT A SITUATION NEVER FITS PERFECTLY COMPARED TO WHAT IS COMPOSED FOR AN OCCASION BASED ON UNDERSTANDING OF THE RELEVANT STRANDS OF THAT OCCASION. THE OTHER DANGER OF REHASHED EXPLANATIONS IS THAT THE WRONG EXPLANATION (NO BUBBLE WHEN THERE IS EVEN A ‘WHOPPING’ BUBBLE) MAY BE REHASHED TO APPLY TO THE SITUATION.


IT IS AN ABIDING DELUSION THAT EMOTIONAL PEOPLE CAN GENUINELY REASON, THEY CAN’T, THEY ARE LIKE BLIND MEN DEPENDENT ON WALKING STICKS WHICH ARE RECORDED EXPLANATIONS COPIED WITHOUT QUESTION FROM OTHERS OR FABRICATED BY THEMSELVES THAT THE AROUSED EMOTION OF AN OCCASION STIRS THEM TO SEARCH THEIR JUKEBOXES FOR AN EXPLANATION AND HAVING FOUND ONE THAT MAY BE INCORRECT, THEY APPLY IT TO THE SITUATION TO COME UP WITH STATEMENTS LIKE RISING PRICES STIRS (HIS) FEARS OF BUBBLE. BECAUSE IT IS BASED ON FORCE THAT IS BLIND, HE IS NOT SURE, HE THINKS THERE IS A BUBBLE BUT HE IS NOT SURE.


How emotional people actually reason:


Faced with a situation (eg rising property prices in Asia), the emotional person takes snapshots and he may then either ignore it without understanding or he may try to understand it or his emotions are stirred to wonder why or be puzzled and his mental force thus stirred to seek an explanation, he searches his mental jukebox for a recorded explanation and when his mental jukebox churns out an answer ‘bubble’, his fear is aroused. If he finds no mental jukebox explanations he may seek external explanations from others (eg what Krugman or other gurus write) or search for answers on Google. Thus having an answer that he likes (stirs his mental force attractively) he may remember or memorize it so that he can rehash in future to explain future similar events.


THUS FACED WITH A SITUATION HE DOES NOT UNDERSTAND THE EMOTIONAL PERSON STIRS HIS MENTAL FORCE & EMOTIONS TO FIND AN ANSWER INTERNALLY OR EXTERNALLY AND HAVING FOUND ONE THAT MAY APPROXIMATELY FIT OR BE TOTALLY ‘OFF’, HE APPLIES IT AND SATISFIES HIMSELF HE UNDERSTOOD THE SITUATION. IT IS THEREFORE FORCE RATHER THAN SEEING THAT THE EMOTIONAL PERSON DEPENDS ON FOR EXPLANATIONS.


IN THE SAME SITUATION, A PERSON OF TRUE UNDERSTANDING DOES NOT RUSH INTO CONCLUSION BUT ONCE HE HAS IN PLACE ALL STRANDS OF INFORMATION THAT ARE RELEVANT (EG RAPIDLY RISING PROPERTY PRICES, UNLIKELY IF IMPOSSIBLE COSTS OF CONSTRUCTION HAS INCREASED IN TANDEM) HE CONCLUDES WITH SEEING THAT THERE IS A BUBBLE. HE SEES THERE IS A BUBBLE NOT FEARS THERE MAY BE A BUBBLE AND THUS SEEING HE MAY TAKE CORRECT ACTIONS TO DEFUSE THAT DANGEROUS BUBBLE THAT CAN LEAD TO TEARS EVEN SUICIDE FOR THOSE FOOLISHLY DRAWN TO BUY PROPERTY AT SUCH INFLATED PRICES.


Recorded explanations copied from others:


“Bubble” is an explanation for the perception ‘rising property prices in Asia’ and if there is such a thing as a bubble it can be clearly defined.


Often people hear others talk about ‘bubbles’, think it is groovy without understanding what it actually means and thus they memorize it or incorporate it into their mental jukeboxes without understanding or approximately understanding it and eagerly look for future occasions to rehash it to impress others.


THUS EVEN THEIR FORMULATION OR RECORDING OF EXPLANTIONS IN THEIR JUKEBOXES IS COPIED FROM OTHERS, OFTEN WITHOUT UNDERSTANDING OR FAULTY UNDERSTANDING, THEIR REHASH IS DRIVEN BY FORCE. WHEN A FUTURE SITUATION ARISES, THEY DO NOT USE SEEING AND UNDERSTANDING BUT THEY USE FORCE TO SEEK IN THEIR MENTAL JUKEBOX AN EXPLANATION THAT IS PREFERABLY IMPRESSIVE ‘BUBBLE’ TO EXPLAIN THINGS.


THE FORMULATION OF THE RECORDED EXPLANATIONS IS OFTEN WITHOUT UNDERSTANDING, COPIED FROM OTHERS.


THEY DO NOT SEE AND UNDERSTAND THE SITUATION TO REASON THERE IS A BUBBLE BUT THEY SEEK THEIR MENTAL JUKEBOX AND COME UP WITH THE ANSWER ‘BUBBLE’ THAT THEN STIRS FEAR IN THEM AND SO THEY SAY ‘FEAR OF A BUBBLE’


WHAT ACTUALLY HAPPENED IS THAT THEY ARE CONFRONTED WITH RISING PROPERTY PRICES THAT THEY THEN USE FORCE TO SEARCH FOR AN ANSWER IN THEIR MENTAL JUKEBOX THAT THEN THROWS UP THE ANSWER, ‘BUBBLE’ THAT THEN AROUSES FEAR IN THEM AND SO THEY SAY INCORRECTLY RISING PRICES STIR FEARS OF A BUBBLE.


Obama is self serving not good:


For one who sees correctly, Obama and the US that he represents is self serving and not good.


Even the most radical proposals at the climate conference in Copenhagen may be too little too late and even that the US and major countries like China cannot come to agreement because of myopic short term economic considerations not realizing that they themselves are at risk of great economic losses brought on by global warming. If New York was to be submerged by rising seas, would that be a terrible loss for America?


THUS REFLECTING HIS ARROGANCE AND SELF SERVING NATURE OBAMA REFUSED TO COMMIT THE US TO ANY TREATIES AND THE CONFERENCE THAT WAS IN TRUTH A FAILURE WAS HAILED AS A FIRST STEP TO REDRESS. MANKIND DOES NOT HAVE THE LUXURY OF TIME TO ACT, IT IS ALREADY TOO LATE AND ALL THOSE WHO PERCEIVE IT AS A SORT OF HALF VICTORY IS DELUDED HEADED FOR INSANITY. IT WAS A FAILURE BY SELFISH MANKIND WITHOUT REGARD FPR THE COMMON GOOD.


WHETHER OBAMA IS GOOD OR A HYPOCRITE IS CLEARLY VISIBLE IN HIS APPEARANCE AND BEHAVIOR, IF HE IS A HYPOCRITE AND YOU THINK HE IS GOOD, AREN’T YOU BLIND AND THAT IS NOT THE PATH TO HEAVEN.


Googling your own mental jukebox:


Whatever is pre-recorded does not require understanding because it is recorded or fixed, what is left is Googling your mental jukebox for it to throw up a list of possibilities and you merely select from the list what best fits the situation.


Thus in the situation where a person perceives rapidly rising property prices in Asia, he merely googles his mental jukebox and it then churns out a list of possible causes, one of which is that there is a bubble and that possibility whether real or imagined stirs the person’s fear or like or dislike as the case may be.


THUS NO UNDERSTANDING IS INVOLVED, THE PERCEPTION OF RISING PRICES MERELY CAUSES THE PERSON TO SEARCH OR ‘GOOGLE’ HIS MENTAL JUKEBOX FOR AN ANSWER AND HIS JUKEBOX DULY CHURNS UP SOME POSSIBILITIES ONE OF WHICH MAY BE ‘BUBBLE’ AND PERCEIVING ‘BUBBLE’ THE PERSON MAY BE ALARMED OR FEARFUL. YOU MAY BE RIGHT UNDERSTANDING IS INVOLVED OR NECESSARY BUT THE TRUTH MAY BE UNDERSTANDING IS NOT INVOLVED NOR NECESSARY JUST AS IT IS NOT NECESSARY FOR THE AUDI SPORTS CAR TO HAVE ANY UNDERSTANDING TO BE PROGRAMMED TO MAKE MANY DECISIONS IN QUICK SUCCESSION TO ARRIVE SAFELY AT THE TOP OF THE HILL.


Is Googling understanding?
Is Googling, whether your own mind or as in ‘the real thing’ or using Google to search on the internet understanding or anything that requires answering?


When you Google your mind, you are posing a question that your mental jukebox throws up some differing answers or no answers that you then select and activate the answers selected that are already predetermined and although you can modify those answers as many times as you like, once modified they again become the fixed, standardised answers in which no understanding is required.


Googling yourself, presenting your mind with a situation or poser and getting a multiple of possible answers or no answers at all is never true understanding nor is true understanding involved or required.


What is thrown up by your Google search is standardized, fixed, predetermined and all you do is pick out the search result you deem best fit and then whatever is contained in that search you select becomes your fixed plan according to which you act.


What is true understanding?


Suppose a situation contains different elements A, B, S, D. If you see these different elements A, B, S, D as they are actually present then thus seeing you truly understood that situation as it is, A, B, S, D. Again in another situation where are the strands C, V, X, Q present and you see all those strands as they are present then you have truly understood that situation.


In the economy as in climate:


Just as even the most radical proposals for rectifying global warming is far too little too late and mankind has refused to act for its own good, in the same way, whatever corrective measures mankind can undertake to correct its ‘stuffed’ financial and economic system is far too little too late but even these steps mankind is balking at taking in preference for continuing the same, painless populist measures that also continue to benefit politicians and big business and bankers to the detriment of the system.


IT MAY BE TRUE AS YOU THINK THAT MANKIND UNDERSTANDS OR IT MAY BE TRUE MANKIND FROM TOP TO BOTTOM DO NOT UNDERSTAND, THEY THINK THEY UNDERSTAND BUT THEY UNDERSTAND FALSELY THAT WHAT IS FATAL IS BENEFICIAL AND DO NOT UNDERSTAND THEY ARE HEADED FOR THE PRECIPICE.


Why US band's angry anthem is all the Rage in UK


No reasons are needed for an angry anthem that stirs emotions in emotional people so that it becomes the rage in UK and therefore the question that implies there is a reason is deluded.


The anger in the anthem is contagious, arouses emotional people’s mental forces so that it spreads amongst emotional people. Force is blind and addictive and so it is to be expected that it can spread as in hysteria and rioting.


Why raise fears when you should summon understanding and concern?


Concern is different from fear although reflecting their muddled thinking, concern to emotional people means anxiety or agitation that has components of fearfulness and disturbance. But in its true sense concern is just awareness of or paying attention to something instead of ignoring it.


Why raise fears that stir the mind and prevent calm clear thinking upon awareness of a bubble when you should summon reason to understand all the dangers associated with bubbles and thus understanding all those dangers, to put in action remedies if possible?


THUS IT IS TOTALLY BIZARRE, COUNTERPRODUCTIVE TO TALK ABOUT STIRRING FEARS THAT IS THE WRONG TOOL TO DEAL WITH A BUBBLE. INSTEAD YOU SHOULD SUMMON UNDERSTANDING WHAT A BUBBLE IS, WHAT ITS DANGERS ARE AND THUS UNDERSTANDING TO TAKE STEPS IF POSSIBLE TO COUNTER THE BUBBLE. ONE SHOULD BE CONCERNED WITH A BUBBLE NOT RAISE FEARS OF THE BUBBLE. THUS THE FACT THAT HE AND YOU SEE NOTHING WRONG WITH THE STATEMENT, THINK IT IS PERFECTLY LOGICAL REFLECTS ADVANCED FALSE PERCEPTION OF WHAT IS FALSE IS TRUE, NOT JUST HERE BUT MANY OTHER PLACES THAT HE AND YOU TAKE FO GRANTED.


THE STATEMENT IS FALSE NOT JUST IN THE WAY I POINT OUT ABOVE BUT IN MORE WAYS. IT IS ISSUED OUT OF FALSE, REHASHED UNDERSTANDING, NOT SPECIFICALLY TRULY UNDERSTANDING THE SITUATION. IT IS FALSE IN SAYING THERE MAY BE A BUBBLE WHEN THERE IS NOT JUST A BUBBLE BUT IT HAS BEEN INFLATING FOR MANY YEARS TO EVEN MASSIVE PROPORTIONS (AND YET HE TALKS OF FEARS OR SUSPICIONS OF A BUBBLE).


What is a bubble?


I am not a trained economist but I will tell you my definition of a bubble:


A bubble is the relentless rise in price of a valued asset (eg shares, property, commodities like oil) that far outstrips its costs or intrinsic value. In other words if the cost for producing oil or houses remains the same but prices keep rising, it must be a bubble driven by greed for unrighteous gains as foolish people get sucked in to bid at higher and higher prices to reap future profits or in order not to be priced out of the commodity by further rises. Thus bubbles are driven by greed for future gains and fears of missing out or being priced out in the future.


Property is a killer far more than people concede because it is very expensive, has a high profit margin and therefore sucks credit out of the system because large amounts of savers money must be lent to borrowers who buy property transferred to wicked greedy developers & speculators so that in time the banking system is depleted of savings to lend for useful business purposes, savers’ money are lost through reckless lending and default whilst increasingly, a privileged few (developers and shrewd speculators) are left with so much money they cannot spend enough to keep the economy alive.


 Why no one can kill a Buddha:


If you think there may be some circumstances or some beings powerful enough to kill a Buddha you may be right or have wrong view.


If there is such a being called a Buddha then his nature can be defined and without seeing you should not presume he can be killed like ordinary people.


The Buddha’s life is his last in existence and no one can take his life, only he can extinguish his life or permit his life to be extinguished by others eg a bite of a snake.


When Brahmins tried to split some logs to light sacrificial fires, they could not do it and the chief Brahmin thought it was the work of the Buddha who then asked him shall the logs be split. Once the chief Brahmin said ‘so be it’, in an instance all 500 logs split.


If it is possible for the Buddha to prevent anyone from splitting the logs how is possible for anyone to split his head with an axe?


When the Buddha passed away no one could move his body until certain conditions specified by divine beings were met and his body wrapped in funeral cloth would not burst into flames until Kassapa one of the Elders arrived from afar and paid his last homage to the Buddha whereupon it spontaneously burst into flames.


The Buddha said enlightened ones can touch the sun and moon (and not get burnt), how is it than a mere mortal can harm him?


Jesus said if you have faith as little as a mustard seed you can tell a mountain to move and it shall be done and so this is a false world that is not sacrosanct, what seems so real is an illusion, empty, meaningless.


Taken for a ride:


Because the costs of building a house is far less than the selling price, those who bought houses and congratulated themselves on their book gains from the appreciated prices of their houses have been taken for a ride, the true gainers are property developers and speculators who have sold property for fat profits. Whilst you count your chickens before they hatch (and they may never hatch, even worse become a rotten stinking mess) these shrewd wicked developers and speculators are ‘laughing to the banks’ (not realize there is a pit in hell waiting for them).


And it is savers’ money in banks that government officials shirking their duties have permitted to be mobilized to be transferred to developers and speculators on behalf of foolish buyers.


DO NOT UNDERESTIMATE PROPERTY AS A KILLER OF THE ECONOMY. IT IS THE MAJOR KILLER THAT HAS BANKRUPTED THE SYSTEM, TRANSFERRED SAVERS’ MONEY TO THE POCKETS OF THE FEW DEVELOPERS AND SPECULATORS ON BEHALF OF FOOLISH BORROWERS WHO ARE COUNTING THEIR EGGS BEFORE THEY HATCH THAT MAY NEVER HATCH AND MAY EVEN TURN ROTTEN.


The Noughties: An unsettling decade


Noughties is a sly or trying to be smart reference to the decade with zeros in the middle.


It is actually a false or meaningless statement.


Only force can unsettle and only emotional people can be unsettled. Thus if a person has no emotion or mental force, he cannot be unsettled and to him there is nothing unsettling about the decade. Because force is blind and meaningless, to speak of force and being unsettled is meaningless.


IT IS NOT THE DECADE THAT IS UNSETTLING BUT IT IS YOUR MENTAL FORCE THAT STIRS YOUR MIND AND MAKES YOU FALSELY PERCEIVE IT AS UNSETTLING THAT YOU WANT TO CONVERT OTHERS TO THE SAME FALSE VIEW. BECAUSE THERE IS NOTHING INTRINSICALLY SETTLING OR UNSETTLING ABOUT THE DECADE, IT IS A PERSON’S STIRRED EMOTIONS AND FALSE PERCEPTION THAT IT IS UNSETTLING, WHAT HE SAYS IS FALSE THAT ALSO HAS KARMA NOT MERIT BECAUSE HE WANTS TO INFLUENCE OTHERS TO SIMILARLY VIEW THINGS.


'Thou shalt shoplift' says priest







Father Jones said some people had little option but to turn to crime


A priest from North Yorkshire has advised his congregation to shoplift if they find themselves in hard times.


Father Tim Jones, the parish priest of St Lawrence and St Hilda in York, said people should steal from big chains rather than small businesses.


He said society's attitude to those in need "leaves some people little option but crime".


It reflects how sick society is that even priests go against the religion they profess.


EVEN IF YOU SHOULD STARVE TO DEATH, IT IS PREFERABLE YOU STARVE TO DEATH THAN SHOPLIFT AND CONDEMN YOURSELF TO ETERNAL PUNISHMENT AND THIS PRIEST IS ASKING FOR TERRIBLE KARMA WITH HIS DELUDED ADVICE.


Who says you cannot strike it rich with garbage?


This statement is false, is never made with true reasoning but driven by emotion to make much as if the garbage business is that great.


It is a challenge and a blanket dismissal of others as wrong to ask ‘who say’ and that is ill will that is the path to perdition. It is a figment of his imagination because no one said that to him, though some may dismiss garbage, it is not universal that everyone dismisses garbage as a source of profit and so his challenge and dismissal is unwarranted, inappropriate that is the path to insanity.


IF NO ONE TOLD HIM THERE IS NO MONEY OR WEALTH IN GARBAGE, HE IS MAKING IT UP OR FALSIFYING AND HE DID NOT MEAN WHAT HE SAID BECAUSE HE MEANS TO CHALLENGE AND DISMISS THE CONTRARY OPINION AS FALSE. THE PERSON IS A FOOL HEADING FOR WOE. THE PURPOSE OF THE STATEMENT IS TO CHALLENGE, NOT ASK WHO SAID THERE IS NO MONEY IN GARBAGE AND THEREFORE HE DOES NOT MEAN WHAT HE SAID.


Do you understand what you say?


If you truly understand what you say then you should understand when you ask, “who says you cannot strike it rich with garbage” you want to know from others who said that.


But he is not interested in knowing who said that, his actual purpose is to challenge and so he did not mean what he said, did not truly understand what he said which is to challenge others to prove them wrong.


Rote statement copied without understanding:


“Who says you cannot strike it rich with garbage” is a rote or rehashed statement according to the format “Who says blah, blah, blah” that the person heard others use, liked it and memorize to rehash himself without understanding that it is false.


He is not interested in finding out who said that as purported but what he meant is “I challenge you to say you cannot strike it rich with garbage”.


Fabricated, can never happen:


“Rising prices stirs or raises fears of a bubble” is always a fabrication and can never happen the way it is said. It is impossible that rising prices can stir fear but it is fabricated because it sounds impressive or to stir emotion (fear) in others.


What actually happened is likely that the perception of rising property prices causes his mind to randomly or by searching or ‘Googling’ for meaning to churn out the possibility of a bubble and this may then caused fear in him or there was no fear stirred but he speaks of fear to consciously or unconsciously stir emotion in others so that what he says would be more appetizing or attractive.


WHEN YOU SAY ‘RISING PRICES STIRS FEAR OF A BUBBLE’ YOU ARE SAYING THAT RISING PRICES CAN STIR FEAR WHICH IS BLIND THAT THEN TELLS OR SUGGESTS TO YOU THERE IS A BUBBLE. THIS IS NOT POSSIBLE BUT IT MUST BE A FABRICATION TO IMPRESS AND STIR EMOTION. WHAT HAPPENED WAS THAT RISING PRICES CAUSED HIS MIND TO THINK OF A BUBBLE WHICH MAY OR MAY NOT HAVE STIRRED FEAR IN HIM AND SUBSEQUENTLY HE FABRICATED HIS STATEMENT IN SUCH A WAY AS TO BE IMPRESSIVE OR STIR FEAR IN OTHERS.


BECAUSE IT NEVER HAPPENED THE WAY YOU STATED YOU ARE COURTING MADNESS AND YOU HAVE KARMA FOR WANTING OTHERS TO ACCEPT WHAT YOU SAY IS FABRICATED & FALSE IS TRUE.


SOMETHING HAPPENED (SAW RISING PRICES AND THOUGHT ABOUT A BUBBLE) BUT INSTEAD OF JUST LETTING THEIR YES BE YES ONLY TO STATE WHAT ACTUALLY HAPPENED, EMOTIONAL STYLISH PEOPLE MUST TROUBLE THEMSELVES AND OTHERS TO FIND A WAY TO SAY IT THAT THEY PERCEIVE WILL IMPRESS OR THEY WANT TO STIR EMOTIONS IN OTHERS.


HERE AS IN MANY PLACES PEOPLE THINK THEY SPEAK THE TRUTH, THEY HEAR THE TRUTH BUT THEY HEAR FABRICATION, FALSIFICATION THAT IS FAR FROM TRUE.


Who is fit to teach me?


Why should I go to church or attend evangelical rallies? Who amongst the preachers and evangelists can teach me something about truth and righteousness that I do not know better than them?


THUS ANYONE WHO WANTS ME TO GO TO CHURCHES OR TEMPLES OR ATTEND EVANGELICAL RALLIES IS A FOOL, DELUDED. DID JESUS OR THE BUDDHA NEED TO ATTEND CHURCH?


A tiger can stir fear not rising prices:


The sudden appearance of a tiger or lion in front of you can stir fear in you but if you think rising prices can stir fear in you, either you are lying or you are already quite mad. Thus what is said is false, disingenuous to spice up what he wants to say.


If you keep talking about fear being stirred when it isn’t, one day karma may arranged for fear to be truly stirred in you as when you are suddenly confronted with a growling tiger that wants to tear you to bits.


Farfetched:


It is farfetched or incredible that rising property prices can stir emotional fear in a person and that triggered fear can then tell you there may be a bubble. Only reasoning or seeing can tell you there may be a bubble, fear a proxy of force that is blind cannot tell anyone anything. Force can only seize and drive an object to move it with changing speed, direction or strength, it can never tell anyone anything like there is a bubble.


THUS IT IS IMPOSSIBLE THAT RISING PROPERTY PRICES CAN TRIGGER FEAR IN A PERSON LET ALONE THE TRIGGERED FEAR CAN THEN TELL YOU THERE IS A BUBBLE BUT IT IS A CONCOCTION OR FABRICATION OF A FOOL WHO DOES NOT KNOW HE IS PUTTING A NOOSE AROUND HIS NECK.


THUS HE AND YOU SEE NOTHING WRONG WITH THE STATEMENT BUT THERE MAY BE EVERYTHING WRONG WITH THE STATEMENT BECAUSE IT IS FALSE AND IT IS YOUR FALSE PERCEPTION THAT MAKES YOU SEE NOTHING WRONG OR SEE IT AS TRUE.


 


Copenhagen deal causes EU carbon price fall


(Here again you see derivatives at play and it reflects the insanity of mankind that it thinks it works when it is an avenue for making money by cheating and will fail. How can you pay someone else to do the cleaning for you whilst you continue to pollute or release carbon into the atmosphere? The rationale if I am correct is that rather than you the industrialist taking measures to reduce carbon production, you pay someone to do it for you so that you can continue the same. The logic is actually mad and it reflects humanity’s madness that they think it is sophisticated and works like financial derivatives)


Carbon prices in Europe dropped to a six-month low after agreements made at the Copenhagen climate summit to cut emissions disappointed traders.


The accord signed by the US, China and emerging major economies is weaker than a legally binding agreement.


Because of this the European Union says it is not willing to raise its carbon cutting target to 30% by 2020.


In early market trading, EU allowances for December 2010 delivery, dropped 8.7% to €12.40 a tonne.


A deeper cut in emissions targets would have increased demand for these allowances, pushing up prices.


Prime Minister Gordon Brown said the Copenhagen talks were "at best flawed and at worst chaotic".


He blamed a handful of countries for blocking a binding agreement and said the talks process had to be reformed to avoid the same happening again.


Energy Secretary Ed Miliband singled out China for vetoing an agreement on emissions.


The 193-nation UN conference ended with delegates simply "taking note" of a US-led climate deal.


The carbon market trades emissions under cap-and-trade schemes whereby emissions are limited and can then be traded.


Each state under the scheme gets an emissions allocation that it then divides among its worst emission-producing companies.


If it comes in under target, it can sell its excess allowance as carbon credits to other firms. If it comes in over target, it has to pay a penalty and then go to the market to buy credits to make up the difference.


Credits are measured in units of emissions reductions, each one being the equivalent to the reduction of one tonne of carbon dioxide.


Because the Copenhagen accord is not legally binding, those who have signed it are not obliged to reduce the cap on their emissions.


Paying someone to pray for you:


Carbon derivatives may be like the man who cannot go to the temple to pray paying someone else to pray on his behalf. This person will pocket the money and end up not going to the temple and so it is a scam for someone to make money and for the lazy man to shirk his duty to pray at the temple.


It is all for show, you think they care?


Derivatives are a way to be seen to be doing something when nothing is done. To satisfy authorities that you are not polluting when you are polluting, you can show certificates that you are paying others to not pollute on your behalf and it may be much cheaper than not polluting yourself and whether the paid person actually does the non pollution on your behalf does not matter much, what matters is that enforcers are staved off. And who is the one who suffers? It is the earth that gets neglected because nothing is done to remedy global warming so in the end disaster happens and you wonder why it happened.


 


Recession here we come again:


Geitner is reported to have said the worst is over and the government will not permit the near catastrophe of the recent past to repeat. Here is someone who differs.


Charles Goodhart warns of return to recession as bank lending falls


The contraction of bank lending and the M3 money supply in the US and Europe over recent months has become a serious concern and raises the risk of a slide back into recession, according to one of Britain's most celebrated economists.


 


By Ambrose Evans-Pritchard
Published: 4:40PM GMT 22 Dec 2009


Professor Charles Goodhart, a former top official at the Bank of England now at the London School of Economics, said policymakers have neglected the flashing danger signal of the monetary data.


"What has happened to all the monetarists? Growth in money holdings and lending has plummeted. Thirty, or 40, years ago they would have been forewarning doom and destruction at this juncture, and casting anathemas at the authorities," he wrote in a consultant report for Morgan Stanley.


 


"There is a danger that markets and authorities become obsessed about the fiscal implications of the crisis at a time when the real worries should still focus on private sector access to credit and money."


The exception is China, which has the opposite problem: monetary growth is running at 30pc a year. Beijing will have to slam on the brakes soon. "When that happens the locomotive will slow, and probably reveal a string of non-performing loans; it has always been thus," he said. Prof Goodhart said it was too early for the world's central bankers to congratulate themselves for averting a slump.


The US Federal Reserve has stopped publishing M3, which covers a broad range of deposits. This may have been a blunder. The data gave advance warning of bubble trouble in 2006-2007, and again before the US economy crashed in late 2008. Some blame lies with Fed Chair Ben Bernanke, a New Keynesian openly scornful of monetarist thinking.


Reconstructed data shows that M3 shrank at an annual rate of 7.2pc in the three months to November. Bank loans have fallen from $7.1 trillion (£4.4 trillion) to $6.75 trillion since the end of May.


In the eurozone, M3 has fallen slightly since February. Professor Tim Congdon from International Monetary Research said credit contraction on both sides of the Atlantic has been the steepest since the 1930s, risking a slide into deflation next year.


Banks are tightening credit for two reasons: losses from the crisis, and tougher capital adequacy rules imposed by regulators. Mr Congdon said it is bizarre that the European Central Bank (ECB) seems unwilling to take steps to prevent a monetary implosion in these circumstances.


Optimists say that "portfolio shifts" by investors may have distorted the M3 data. If so, there is little evidence in ECB or Fed reports that they have delved deeply into this issue.


They also argue that falling credit is benign because it reflects lower demand by borrowers, not a lending crunch. Professor Goodhart said this line of argument is "not terribly comforting". Businesses stop taking out loans when terms are punitive. The economy is damaged either way.


Mr Goodhart is best known around the world as the author of "Goodhart's Law", which posits that an indicator ceases to be much use once it becomes a target.


Part timers masking unemployment:


Without part timers, the unemployment would be much higher and those working part time have less income and so the severity of the recession is being masked by part timers.


Record 6.6million 'half-timers' now working reduced hours as bosses struggle to pay full wage


 


Record numbers of employees are working part-time because their bosses cannot afford to pay full-time salaries, official figures revealed yesterday.


There are now 6.6million employees working part-time.


The rising numbers of part-time workers are 'disguising' the jobs crisis because they make unemployment numbers appear less dramatic.


The figures, published by the Office for National Statistics, show unemployment rose modestly by 21,000 to 2.49million in the three months to October. But the situation is actually much worse, experts warned.


The number of full-time employees plunged by 85,000 during the same period, while part-time employees increased by 123,000.


Jealous Microsoft?


Apparently the vanishing Google Earth is a common problem to those using Windows 7 and even Vista 64 bit. There were suggestions like finding the Earth updater and sending it to the desktop but it did not work for me. Then I came upon one suggestion to uninstall and then reinstall Google Earth and it seems to work because I have Google earth back together with my past bookmarks.


What does all this achieve? If it was deliberate, it has caused much unnecessary trouble for many and there will be karma for those involved. There will be those who will be stumped and deprived of Google Earth for many days if not forever. Is it to sabotage Google? Someone said this happened after a Windows update.


Someone on internet said you have to pay $25 to contact Microsoft to tell them of this problem and it reflects how mean Microsoft is.


I found Windows 7 with many features far from desired. The feature of displaying miniature screens of the many files opened eg on Excel is cumbersome, you have to move the mouse a lot to click files on the extremes, I preferred the pictureless compact version but that is only available on the classic view which means that I cannot have my desired Window desktop screen picture, it is just a blank blue screen. Ridiculous, in the past you just select whatever screen and it will be done, now if you want classic view you shall have no screen picture.


Again the window explorer keep displaying cumbersome hard to view icons of video files when I prefer just basic name, date, file size and type but there is no way to tell it to display the way I want it because every time it reverts to the system which I feel is inferior.


Security alerts still freeze the screen such that when I was recording a TV program, it was broken into two halves by the pause, an improvement on the past when the whole recording was lost.


MY LOGIC DIFFERS SIGNIFICANTLY FROM MICROSOFT, I WOULD HAVE DONE QUITE A FEW THINGS DIFFERENTLY FROM MICROSOFT WHO SEEM TO DO THINGS TO IMPRESS RATHER THAN TRULY USEFUL.


I was lucky that I could Google the internet for problem and I found the correct answer after much trouble. Google earth completely disappeared without me authorizing its removal and it can only be found in the uninstall programs directory. After uninstalling and reinstalling, the problem appears resolved (so far). Is this Microsoft up to mischief, purposely sabotaging Google? If this is deliberate there is serious karma for those responsible.


Window Mail too complicated:


Another thing I forgot, the Window Mail is too complicated and there is no send or receive button I can click to refresh my mail, now you must leave it to Win Mail to check mail by itself.


I prefer the Vista Mail and even XP’s Outlook Express is fine, serves its purpose. The latest Win Mail is too complicated and difficult to learn to live with.


Windows Live Mail:


Can mail be dead? By ‘Live’ Windows possibly meant ‘online’. If mail isn’t online what mail can there be?


IN THEIR EMOTIONAL HASTE TO HYPE THINGS UP, THEY GO TO EXTREMES NOT REALIZING WHAT THEY SAY OR DO MAKES NO SENSE. SUFFICE TO SAY ‘WINDOWS MAIL’, THE PERSON WITH FALSE PERCEPTION THINKS THE ‘LIVE’ IS FULL OF MEANING, ADD MORE VALUE WHEN IT IS SILLY, MAKES NO SENSE. NOT JUST HERE BUT IN MANY PLACES, MANY THINGS MICROSOFT DO IS ACTUALLY COUNTER PRODUCTIVE OR USELESS.


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