Thursday, December 17, 2009

Woods snoring after crash:

 

Woods snoring after crash:


If you think this headline speaks the truth you are deluded because it is conveying mocking or laughing at Woods.


Apart from snoring Woods was doing other things like lying on the ground so why did the person pick on his snoring as headline if not to convey emotion and stir mockery or ridicule at Woods?


IT IS POSSIBLE IT IS A MATTER OF FACT STATEMENT WITHOUT ACCOMPANYING FALSE MEANINGLESS RIDICULE AND WANTING TO STIR READERS’ LAUGHTER BUT IT IS ALWAYS THE CASE WITH EMOTIONAL PEOPLE THAT THEY ARE SALACIOUS, IT IS NOT AN ACCIDENT THE PERSON PICKED ON WOODS’ SNORING BUT IT IS INTENDED TO STIR RIDICULE AND THAT MEANS IT IS NOT A STATEMENT OF TRUTH BUT HE DID NOT SAY WHAT HE MEANT TO (SINFULLY) POKE FUN AT WOODS. IF HE WAS TO SPEAK TRUTHFULLY HE MUST SAY I WANT YOU ALL TO LAUGH AT HOW FOOLISH WOODS WAS SNORING AFTER A CRASH. BECAUSE HE DID NOT SAY THAT HE DID NOT SAY THE TRUTH, DID NOT SAY WHAT HE MEANT.


The void that is alive:


Can you see a person, animal or plant alive? If you can then you are right to see the person, animal or plant is alive.


Can you see a stone, stick, water or void that is alive? If you cannot honestly say the stone, stick or void is alive then you are foolish and courting mad perception to say you see the void is alive.


OFTEN TO IMPRESS OTHERS, THEY THINK THEY ARE VERY INTELLECTUAL TO SPEAK OF A VOID BEING ALIVE WITHOUT SEEING IT IS SO BUT THEY ARE CONDITIONING THEMSELVES TO PERCEIVE WHAT THEY DID NOT PERCEIVE, THE VOID THAT IS ALIVE NOT REALIZING MAD PERCEPTION AWAITS THEM.


THE VOID IS ALIVE IS A FALSE AND NONSENSICAL STATEMENT DRIVEN BY EMOTION TO IMPRESS AND IF YOU ARE HESITANT, YOU THINK MAYBE HE HAS A CASE THEN IT INDICATES YOU TOO HAS SIGNIFICANT DOUBT AND UNCERTAINTY THAT IS ONE OF THREE LOWER FETTERS TO FUTURE WOE.


Why short selling usually works:


Provided a short seller has large financial resources and has borrowed a big pool of shares to sell, he is likely if not certainly to make a profit from his legalized cheating and bullying.


In a depressed market for a share where there is generally accepted bad news about the company, the pool of buyers is likely to be small whilst the pool of sellers is likely to be bigger and growing as panic selling sets in.


The modus operandi of a short seller is that he sells whenever a buyer emerges and should there be strong support he keeps selling at that price until that demand is exhausted and as bidding prices drops he keeps selling. Should prices rally or demand at a higher price emerge, because he has a big pool of borrowed shares, he keeps selling to exhaust that demand and should sellers emerge at a significantly lower price than what he sold, he buys back shares for a profit and also to act as more ammunition to keep pushing the share down by selling.


IN A DOWN MARKET BUYING DEMAND IS USUALLY MUTED AND EASILY SATISFIED WHILST SELLING PRESSURE IS USUALLY HEIGHTENED AND CAN TURN PANICKY AS FEARFUL INVESTORS IN A STAMPEDE TRY TO DUMP SHARES.


THUS WITH HIS VAST POOL OF BORROWED SHARES, THE SHORT SELLER SELLS TO WHATEVER BUYING DEMAND EMERGES AND SHOULD (IT USUALLY DOES) SELLERS EMERGE AT A SIGNIFICANTLY LOWER PRICE THAN HE SOLD EARLIER HE BUYS BACK FOR PROFIT AND ALSO TO ACT AS AMMUNITION FOR MORE SELLING TO DEPRESS PRICES.


FACED WITH SCENARIO OF LOW PRICES THAT ARE FALLING, WHOEVER HAPPENS TO WANT TO SELL HIS SHARES HAS NO CHOICE BUT SELL IT AT THE DEPRESSED MARKET RATE, AND SHOULD PANIC SET IN, PRICES WILL PLUNGE RAPIDLY SO THAT THE SHORT SELLER CAN BUY BACK AT A MUCH LOWER PRICE THE SHARES HE SOLD EARLY AT A MUCH HIGHER PRICE.


LIKE A JUGGLER, THE SHORT SELLER MANIPULATES THE STOCK, EVERY NOW AND THEN BUYING BACK SHARES AT A LOWER PRICE THAN HE SOLD EARLIER TO MAKE PROFIT AND ALSO REPLENISH HIS AMMUNITION FOR FURTHER SHORT SELLING.


IF YOU HAVE A LARGE ENOUGH POOL OF BORROWED SHARES, THE MARKET IS DEPRESSED AND YOU ARE SHREWD IS ORCHESTRATING YOUR BUYING AND SELLING, YOU CAN DICTATE THE MARKET FOR THE SHARE TO REAP ‘FABULOUS’ PROFITS.


Short selling is about neutralizing the buyers:


In a depressed market there is likely to be limited buying support for a share and the principle of short selling is to sell heavily to neutralize whatever buying support there is at higher prices until there are no buyers left or there are buyers only at much lower prices and in this situation those faced with the need to sell must sell at depressed prices because there are no more buyers at the higher prices. And so short sellers will step in to buy the shares at depressed prices for profit and also replenish his ammunition for further selling to depress prices.


HOW CAN A SYSTEM THAT IS SUPPOSED TO BE FAIR PERMIT SUCH UNFAIR TACTICS BY THE BIG BOYS TO CHEAT AND BULLY?


China revives property tax to avert bubble



  • China has reintroduced a nationwide real estate sales tax in an attempt to reduce speculation

  • Residential prices in China's 70 largest cities rose 5.7 percent in November

  • The new policy is the first concrete response from Beijing to growing fears that an unsustainable bubble has formed in the real estate market

Beijing, China (FT) -- China has reintroduced a nationwide real estate sales tax in an attempt to reduce speculation and cool the bubbling property market after price rises accelerated across the country in November.


It was asked if the tax will avert a property bubble and the purpose of the tax apart from raising revenue for the government is to dampen demand and price rises.


IT REFLECTS PEOPLE’S LACK OF UNDERSTANDING THAT THEY THINK IT MIGHT WORK. TAXING PEOPLE’S GAINS FROM PROPERTY SPECULATION IS NOT THE ANSWER IF YOU WANT TO AVOID A BUBBLE BECAUSE DESPITE TAXES THEY STILL MAKE MONEY AND SO YOU ARE A FOOL IF YOU INTEND TAXES TO AVERT A BUBBLE. THE WAY TO AVERT A BUBBLE IS TO DEMAND A SIZEABLE DOWNPAYMENT, RESTRICT CREDIT FOR BUYING HOUSES AND INCREASE INTEREST RATES. DEVELOPERS SHOULD NOT BE PAID IN FULL BUT INSTALLMENTS COMMENSURATE WITH CONTINUED PAYMENT BY BORROWERS.


IF CHINA’S PURPOSE IN REVIVING A PROPERTY TAX IS TO AVERT A BUBBLE THEN IT IS EXHIBITING FALSE LOGIC, BARKING UP THE WRONG TREE OR USING A GARDEN HOSE TO FIGHT A HOUSE FIRE.


Financial crises happen because people live beyond their means:


It is impossible for financial crises like today’s to happen if people are not permitted to live beyond their means by borrowing to speculate on shares and properties.


It is impossible for financial crises like today’s not to happen if people are permitted to live beyond their means by borrowing to speculate on shares and properties.


The fact that China has re-introduced a capital gains tax on property is an admission that speculation exists and threatens to get out of hand. But it is the wrong and ineffective measure to quell speculation.


From the onset, authorities should ensure that people buy property because they need it and they have the means to finance their borrowings. But in the name of stoking the economy for political gains and in the name of corrupt gains riding on the backs of cronies in the construction and property development industries they allowed a bubble to inflate and once inflated, there is no painless resolution of the bubble but it must end in tears for everyone, the borrower who cannot pay and savers’ money lent out. Only developers and politicians are ‘laughing to the bank’ but there will be tears for them in eternal punishment.


From the onset, people should be scrutinized carefully whether they need to buy so many houses, be restricted to buying houses and not allowed to use other properties as collaterals. Their means to repay too should be carefully assessed.


IT IS NO SECRET THAT SPECULATION IS RIFE IN PROPERTY ALL OVER THE WORLD BECAUSE OF THE GREED FOR QUICK GAINS WITHOUT WORK AND POLITICIANS HAVE BEEN PERMISSIVE IN ALLOWING SUCH SPECULATION TO GROW UNTIL IT IS MONSTROUS AND NOW MEASURES LIKE TAXING GAINS IS A WRONG AND INEFFECTIVE MEANS OF DAMPENING SPECULATION AND THERE IS A RECKONING, SOONER OR LATER OF A COLLAPSE OF HOUSE PRICES AS THE FOOLISH AMATEUR SPECULATORS ARE BURNT AND SAVERS’ MONEY IN BANKS ARE EXHAUSTED BEING LENT TO FINANCE SPECULATION, WHILST PROPERTY DEVELOPERS POCKET THE MONEY.


Tkl


Goldman Sachs played bigger role in AIG trades: report


(Goldman Sachs is big and evil; it has its fingers in every pie (oil market, derivatives). Without government bailout money for AIG that enabled Goldman Sachs to avoid massive losses it may not be here today.)


CHICAGO (Reuters) - Goldman Sachs Group Inc played a bigger role in fueling the mortgage bets that crippled American Insurance Group Inc than has been publicly disclosed, the Wall Street Journal reported on Saturday.


An analysis by the paper of AIG's trades on pools of mortgage debt shows that Goldman was a key player in many, including those involving other banks, the Journal said.


Goldman was one of 16 banks the U.S. government rescued last year after closing out losing trades that AIG had made with the financial firms.


The bank originated or bought protection from AIG on roughly $33 billon of the $80 billion of U.S. mortgage assets that AIG insured during the housing boom.


That was about twice as much as Societe Generale and Merrill Lynch, the firms with the largest exposure to AIG after Goldman, according to an analysis of ratings-firm reports and an internal AIG document, the Journal said.


In one deal Goldman acted as the middleman between AIG and banks, taking on as much as $14 billion in risk of the mortgage-related investments. But Goldman then insured that risk with a single trading partner, AIG, according to the Journal's analysis and people familiar with the trades.


The trades, mostly booked from 2004 to 2006, yielded less than $50 million in profits for Goldman, the Journal said.


But the trades added risks onto AIG's books and later came to haunt the insurer and Goldman. The trades also gave Goldman a unique window into AIG's exposure to losses on securities linked to mortgages.


When the federal government bailed out the insurer, Goldman avoided losses on its trades with AIG covering a total of $22 billion in assets.


A Goldman spokesman told the Journal that until AIG was rescued by the government, the insurer "was viewed as one of the most sophisticated financial counterparties in the world. It wasn't until the government intervened in September 2008 that the full extent of AIG's problems became apparent."


"What is lost in the discussion is that AIG assumed billions of dollars in risk it was unable to manage," the Goldman spokesman added.


The Journal said an AIG spokesman declined to comment on the firm's trades with Goldman.


Recently more clarity has emerged over the roles that firms such as Goldman played, as complex deals carried out by banks are now being untangled in legal and regulatory inquiries. Last month a government audit of part of the AIG bailout described Goldman's middleman role, the Journal said.


The size of the government's bailout of Goldman and the other AIG counter-parties caused a firestorm of protest against the U.S. Treasury and Federal Reserve in Congress.


Henry Paulson, the U.S. Treasury secretary as the financial crisis boiled last year, was a former Goldman chief executive.


The U.S. House of Representatives on Friday passed a sweeping Wall Street reform bill that would rewrite rules for financial markets like mortgage-backed securities traded by AIG and Goldman and restrict the operations of such big firms in future. (Reporting by Christine Stebbins; editing by Mohammad Zargham)


Young Chinese groan at high property costs:


There are many who would not have put their money on property hastily but concerned by soaring prices, feel compelled to ‘quickly grab one’ before it becomes even more unaffordable not realizing that they may be signing their death warrants should the economy plunge and they lose their jobs.


Today with the influx of ‘hot money’ from all over the world in search of better returns demand for property for places like Singapore, HK, China can surge beyond reasonable levels for locals and this evil hot money can just as suddenly depart leaving locals in tatters with debts they cannot service.


GOVERNMENTS DO NOT CARE IF THIS HOT MONEY COME IN TO BOOST THE ECONOMY BECAUSE THEY THINK A BOOMING ECONOMY IS WONDERFUL NOT REALIZING THE DISASTER THAT AWAITS IN THE PROPERTY SPECULATION THAT MAKE LOCALS COMMIT THEMSELVES TO PROPERTY THAT ARE RIDICULOUSLY PRICED AND POTENTIALLY LEADING TO RUIN.


FOR THOSE WHO UNDERSTAND THE WORLD IS FOLLOWING A RECIPE THAT LEADS TO COLLAPSE AND TRAGEDY.


If you can't climb it, why go?


TRAVELLERS' CHECK 9:50am | If you can't have the exhilarating experience of climbing Uluru (Ayers Rock), there is no point in going there.


This is a foolish statement fraught with karma.


It implies as if you must climb if you don’t climb. If people feel the compulsion to climb and they injure and kill themselves he has karma. The climbing experience is not as exhilarating as it is made out to be, it can be tiresome and stressful even fear inducing. Just because you don’t climb does not mean you cannot visit to view the place.


HENCE WHAT IS SAID IS FALSE, IMPLIES THAT IT IS EXHILIRATING FOR EVERYONE TO CLIMB WHEN IT MAY BE THE OPPOSITIE, TRAUMATIC AND STRESSFUL TO OTHERS AND THERE CANNOT BE OTHER PURPOSE TO VISIT. WHEN THERE IS, JUST TO VIEW THE PLACE IS ANOTHER REASON TO VISIT.


Driven by force to boast, not guided by reason:


The statement,’ if you can’t climb it, why go’ is false and never derived from true understanding but driven by stirred emotion to falsely boast because he climbed it, is thrilled and wants to beat his own drum how great the feat is such that he belittles those who do not climb dismissing their purpose visiting if you cannot climb it.


The statement is false because even if you don’t climb, there is plenty to see and therefore other reasons to visit and climbing it is not as wonderful or exhilarating as he made it out to be, it can be a grind at times especially on hot or windy days.


HERE AS IN MANY PLACES PEOPLE THINK WHAT THEY SAY IS TRUE, IS DERIVED OUT OF TRUE UNDERSTANDING OF WHAT THEY SAY BUT IT IS DELUSION, IT IS FALSE AND DRIVEN BY FORCE OR EMOTION TO BRAG ABOUT HOW WONDERFUL CLIMBING IS JUST BECAUSE HE HAS DONE SO WHERE FEW OTHERS HAVE DONE.


Only one way of seeing:


There is only one way of seeing truly and truly understanding the statement, ‘if you can’t climb, why go’ and that is that it is false driven by emotion to brag or beat his own drum.


Anyone who perceives the statement in other ways eg cannot tell whether it is true or false, it may be true for him but not others, their mental forces are stirred to dislike the statement, is seeing falsely.


EMOTIONAL STYLISH PEOPLE WHEN FACED WITH SUCH A STATEMENT WILL BE STIRRED IN EMOTION TO BE DISTURBED OR DISLIKE IT (A FORM OF USING FORCE TO UNDERSTAND IT) OR THEY MAY SHRUG IT OFF WITHOUT UNDERSTANDING, THEY ‘CANNOT BE BOTHERED PAUSING TO STUDY AND UNDERSTAND IT OR THEY CANNOT TELL IF IT IS TRUE OR FALSE OR THEY MAY EVEN PERCEIVE IT AS TRUE, THE PERSON IS TRUE TO SAY IT.


IF YOU DISLIKED THE STATEMENT THAT IS NOT A TRUE UNDERSTANDING OF THE STATEMENT, YOUR MENTAL FORCE IS STIRRED REPULSIVELY BY IT AND THAT IS NOT AN UNDERSTANDING BECAUSE FORCE THAT IS STIRRED IS BLIND. THE MATTER IS NOT TO STIR MENTAL FORCE TO DISLIKE THE STATEMENT BUT TO USE TRUE SEEING TO UNDERSTANDING THE STATEMENT IS UNTENABLE.


Shanghai could leapfrog over London financially:


It is never reason that is behind this interest or preoccupation as to the pecking order but it is force, pride and status consciousness.


It is by merit that London is now ascendant compared with Shanghai as a financial centre and there is nothing to be proud or shameful about it.


If it should turn out that Shanghai will displace London then it too is by merit or course of events, why should anyone be concerned or artificially do anything to derail the course of events.


WHAT IS THE POINT OF COMPARING SIZES BETWEEN LONDON AND SHANGHAI? THEY ARE INDEPENDENT FINANCIAL CENTRES. SHOULD SHANGHAI BECOME BIGGER THEN IT IS A MATTER OF COURSE AND ONE SHOULD NOT FEEL PROUD OR ASHAMED OF IT NOR SHOULD ONE DO ANYTHING TO SUBVERT THAT COURSE.


BECAUSE IT IS UNESSENTIAL AND HE PERCEIVES IT IS ESSENTIAL HE IS HEADED FOR MADNESS.


There is no reason for anyone to be interested in the matter of Shanghai overtaking London as a financial centre in the future but there is emotion eg anxiety or dislike (shame, disappointment, sadness) or like (pride) for one to be concerned with the matter.


IT IS EMOTION THAT IS THE DRIVE IN RAISING THE MATTER AND ITS PURPOSE IS TO STIR EMOTION OR INTEREST IN CERTAIN READERS.


Bloody nose


How Italian politics became a contact sport


Despite Belesconi’s bloodied nose and whatever else that might have happened to Italian politics in recent years, it does not constitute a contact sport and it is the person’s false perception and understanding that it is now a contact sport either to mischievously interpret events in a way he deems is impressive or he has false perception. Whatever it is, he is training himself and others to perceive events falsely, breaking the PM’s nose as contact sport that has deadly karma for him and insanity awaits.


It is all about bragging rights:


Whether is London 2, Shanghai 3 or Shanghai 2 London 3 has no financial relevance except as bragging rights for boasting. Irrespective of whichever is first, London is still London as a financial centre in its own rights and Shanghai is Shanghai as a financial centre in its own right so what is the point of who is bigger?


The point is about bragging and that is something false and meaningless, stirring of emotion or mental force that I am bigger than you. If you are a Chinese with self identity views aligned with China it might stir your pride or liking, if you are an anglophile, it might alarm you.


WHETHER IT IS LONDON FIRST AND SHANGHAI SECOND HAS NO RELEVANCE EXCEPT FOR BRAGGING RIGHTS AND IT IS ONLY PEOPLE WHO ARE STATUS CONSCIOUS AND INTERESTED IN ONE UPMANSHIP WHO PERCEIVE FALSELY THAT THIS IS A MATTER OF INTEREST OR IMPORTANCE. ARE YOU GOING TO DO SOMETHING ABOUT IT JUST TO KEEP LONDON AHEAD OF SHANGHAI? YOU DON’T DO ANYTHING TO KEEP LONDON AHEAD BUT YOU DO IT BECAUSE IT IS NECESSARY AND WHETHER IT MAINTAINS LONDON’S ASCENDANCE JUST HAPPENS TO BE SO.


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