Hiding away from truth

Hiding away from truth:

It is impossible for a person of truth, who is unemotional and does not selectively like or dislike see to use his hands to cover his eyes.

What they do are meaningless or useless but they are attempting in vain to hide from reality or refusing to see the unpalatable truth. Emotional people in this world don’t just see, they like (mental force stirred attractively) to see certain things and dislike or are repulsed to avoid certain things and so their seeing is programmed and they are robots of their seeing programs.

This BP CEO is trying to hide his hatred from the public gaze or avoid seeing certain things he is confronted with.

IT IS FORCE AND EMOTION THAT DRIVES PEOPLE TO PUT HANDS TO THEIR FACES AND IT IS REHASHED, THEY HAVE DONE THIS MANY TIMES IN THE PAST AND FUTURE, IT IS TOTALLY USELESS AND SO THEY ARE PRACTICING CONTROLLED INSANITY THAT WILL END IN UNCONTROLLABLE INSANITY. AS THE BUDDHA SAID, ORDINARY PEOPLE HAVE SUFFERING AS VAST AS AN OCEAN, THEY ARE HEADED FOR BROKEN MINDS COMPARED TO THE FEW DROPS OF SUFFERING FOR THOSE WHO ARE NOBLE.

PEOPLE IN THIS WORLD SEE NOTHING WRONG, THINK IT IS UNDERSTANDABLE BUT HIDING ONE'S FACE IN ONE'S HANDS IS A SIGN OF DECEIT, REFUSAL TO SEE CERTAIN THINGS, IS TOTALLY USELESS EVEN IF THE PERSON CANNOT HELP IT AND IS THE PATH TO FUTURE EVEN ETERNAL WOE.

Trying uselessly to hide:

You probably if not certainly do it yourself and it does not mean everyone including the Buddha and Jesus also do the same.

What is depicted above is escapism, trying to hide from unpleasant reality and only a sinner and devious person tries to hide, escape or not see what is to be seen or confronts one.

TRYING TO HIDE AS DEPICTED IS SIGN OF DISHONESTY, IS SUFFERING AND CONDITIONING AND THE PERSON WHO HAS THE URGE TO HIDE IS HEADED FOR SUFFERING FAR WORSE AND EXTENDED THAN HE REALIZES. IT IS TOTALLY USELESS TO HIDE OR RUN AWAY, THE MAN OF TRUTH HAS NOTHING TO HIDE OR REFUSE TO SEE. WHAT IS THERE TO SEE, HE SEES, NOT AVERT HIS GAZE.

BECAUSE IT IS SILLY, DOES NOT WORK TO USE YOUR HANDS TO COVER YOUR EYES, IT IS CONTROLLED INSANITY THAT ENDS IN UNCONTROLLABLE INSANITY.

Obama warns G20 leaders on cuts

Barack Obama warns world leaders that cutting national debts too quickly could put the economic recovery at risk.

Obama or his handlers responsible for this statement may think they are smart but what is said may be nonsense or not worth much.

If countries are too slow to cut national debts, where are they going to get finance from markets that demand credible tightening? If countries cannot get financing from markets it means they must be bailed out, more worthless money printed that dilutes and is a form of living beyond your means that delays and makes even bigger the debt hole.

TALKING IS EASY BUT DOING IS ANOTHER THING. COUNTRIES THAT ARE IN DEBT AND LIVING BEYOND THEIR MEANS HAVE TO FINANCE OR REFINANCE FROM MARKETS AND WITHOUT TIGHTENING MARKETS WILL BALK AT LENDING SUCH THAT YOU HAVE TO RESORT TO PRINTING MONEY THAT IS ITSELF CONTINUING TO LIVE BEYOND YOUR MEANS HOPING YOU CAN PAY IN THE FUTURE SOMEHOW. WHAT OBAMA SAID IS EMPTY BABBLE, SOUNDS NICE BUT DOES NOT WORK.

Felda $2 billion misappropriated not used for replanting:

“When an oil palm tree needs to be replanted, the settler uses his own money to replant. So where did Maslan get this RM2 billion figure from?”

The deputy minister Maslan said that $2 billion was used for replanting. If replanting is done using settler’s own money then he is telling a lie which means he cannot account truthfully for the sum which must have gone to shady purposes.

KUALA LUMPUR: PKR's Tan Kee Kwong today lodged a report at the Malaysian Anti-Corruption Commision (MACC) over the alleged loss of Federal Land Development Authority (Felda) cash reserves.

Accompanied by Klang MP Charles Santiago and Senator S Ramakrishnan, Tan, the former deputy minister of land and cooperatives made the report at the MACC office in Kuala Lumpur.

Tan, who is also the deputy chairman of PKR's International Affairs Bureau, had accused Prime Minister Najib Tun Razak of destroying Felda in an open letter on the June 6.

He alleged that through Najib's 'mismanagement' Felda's cash reserves had dwindled to RM200 million from a healthy RM4billion plus.

“Crude palm oil prices are high,” Tan told FMT at a press conference after lodging the report. “One metric ton (in palm oil) would probably fetch Felda about RM1,500 in profit.

"It simply doesn't make sense! The reserves should have gone up to RM6 billion! When Pak Lah (Abdullah Ahmad Badawi) first came into power, Najib offered to be in charge of Felda.

"Najib had used the excuse of 'continuing a family tradition' by taking over the department. In 2004, he was not only the deputy prime minister, but also the minister of defence.

“How come he had so much time on his hands to manage all these portfolios and also Felda?” asked Tan.

Tan also disputed deputy minister in the Prime Minister's Department, Ahmad Maslan's claim that Felda used RM2 billion of its cash reserves to replant its crops.

Tan rubbished this by explaining that a specific 'Replanting Fund' exists for this, and that it was separate from Felda's main cash reserve.

“An oil palm tree needs to be replanted after every 25 to 30 years,” said Tan. “Out of every fresh bunch of palm oil [harvested], settlers get money from Felda.

"According to market price, a sum of RM3 to RM5 from each metric ton is then deducted.”

As a result of this deduction, Tan estimated that each of the 113,000 Felda settlers would have up to RM18,000 for replanting purposes.

“When an oil palm tree needs to be replanted, the settler uses his own money to replant. So where did Maslan get this RM2 billion figure from?”

 

Unnatural, false and controlled insanity:

There is never a true reason or need for two persons to stand together in close proximity in public or private looking at the same scenery but it is always contrived or unnatural, for show or an excuse to get intimate with a girl who is herself not averse.

THERE IS NEVER ANY GENUINE REASON WHY A COUPLE MUST STAND TOGETHER IN EMBRACE LOOKING AT AN OBJECT BUT IT IS UNNATURAL, EITHER FOR SHOW TO IMPRESS OTHERS WITH THEIR LOVING RELATIONSHIP, AN EXCUSE FOR THE MALE WHOSE LUST IS STIRRED TO GET CLOSE. IF YOU ARE DRIVEN BY LUST TO BE INTIMATE TO A GIRL IT IS NOT MEANING OR REASON THAT IS THE BASIS BUT IS FORCE AS LUST THAT IS DRIVE. YOU DON’T NEED TO STAND CLOSELY TO WATCH SOMETHING AND THERE IS NOTHING IN THE SCENERY THAT REQUIRES WATCHING INTIMATELY TOGETHER AND SO IT IS CONTROLLED INSANITY DRIVEN BY FORCE EG LUST OR FOR SHOW THAT ENDS IN TORMENT FOR BOTH AND THOSE WHO SEE NOTHING WRONG BUT SEE IT AS PERFECTLY NATURAL.

COUPLES SEE THIS BEING DONE AND THERE IS AN URGE TO COPY EG SOME FEMALES MAY EXPECT THEIR BOYFRIENDS TO SHOW SUCH PUBLIC ‘AFFECTION’ WHILST SOME MALES WILL FEEL COMPELLED TO BEHAVE THUS IN ORDER TO PLEASE THEIR MATES.

Congress turns scorn on BP chief:

Congress should be censured and those involved are creating karma for scorning the BP chief. It reflects the world’s wrong or no understanding that it sees nothing wrong.

Congress has the right to investigate and tell the BP chief where he and BP has gone wrong and to mete punishment if mandated, it has no right to scorn anyone which has nothing to do with meaning but is evil, to belittle and attack.

WHATEVER AND HOWEVER EVIL A PERSON DOES, IT CAN ONLY BE UNDERSTOOD AS SUCH AND SUCH, ANYTHING MORE, TO SCORN OR BELITTLE IS DRIVEN BLINDLY BY FORCE OR EMOTION, IS MEANINGLESS, EVIL & ACCRUES KARMA FOR THE SCORNFUL FOOL.

Father’s Day:

Some dads think about their missing children on Fathers Day

It is Fathers Day to­­day but not every father is celebrating with their children. There are those whose children have gone missing – the latest case being two-year-old Nisha Chandramohan. Welfare groups are pressing for more action from everyone – starting with parents themselves – to address the problem of missing children in the country.

There is nothing Father about Father’s day and if I am not mistaken it may be a retailing ploy originating in the US to promote consumption by celebrating Father’s, mother’s and children’s days.

Anyone who celebrates Father’s Day or find it meaningful or celebrates half heartedly is conditioning himself to what is meaningless to end in insanity.

There are many who do not find Father’s day meaningful but that does not mean they are not deluded. They do not share this delusion but they subscribe to many other delusions. And so it is that it is very difficult to exit this world of suffering because everywhere you are bombarded with delusions to subscribe to.

By saying “It is Fathers Day to­­day” you are already conditioning yourself and others to perceive falsely that today is Father’s Day when it is nobody’s day, just another day in the year. It is not Father’s day today, it is Sunday 20 June 2010.

Sexual harassment is the hallmark of insecure men:

He himself may be guilty of sexual harassment but he thinks he is a flirt not harasser.

He is deluded and headed for insanity for saying something it is impossible to see as true.

The crucial ingredients of sexual harassment is interest in the opposite sex and greed. Interested in the opposite sex and greedy, seeing an opportunity to gain sexual favours, you are tempted to extract sexual favours from those who are beholden to you, what has security or insecurity got to do with it?

You mean if you are financial or sexually secure you are not interested in sex outside your marriage?

What do you mean by security?

Security may be a myth or delusion in the minds of those with false perception.

By security do you mean personality, financial or sexual security?

“Security” cannot be objectively defined and it exists as a feeling of the person or false perception in others that so and so is secure when it is just a false perception.

How do you define sexual security? A feeling of sexual adequacy or satisfaction or guarantee of sex every night by the person’s wife? You mean to say that if a person is guaranteed sex by his wife every night or he is sated in sex or feels secure sexually he will not harass his subordinates?

What do you mean by financial security? You mean filthily rich bosses never harass their underlings?

What do you mean by personality security? Personality is about traits or programming and a person with a personality is an actor, a robot and no robots are in charge of themselves but they are slaves and anyone who is a slave or robot is insecure because he is not in charge. How can a person who is insecure because he is a robot be secure and therefore not harass sexually?

Roach, O’Neill Say China Yuan Move Shows Confidence in Recovery

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By Gopal Ratnam and Timothy R. Homan

June 20 (Bloomberg) -- China’s decision to allow a more flexible yuan shows the country’s leaders are convinced the world economic rebound is durable, said economists Stephen Roach and Jim O’Neill.

This is false logic, no one is entitled to conclude that just because China is allowing its yuan to strengthen it is convinced that the rebound is durable. China may be coerced, its leaders may have miscalculated or taking a risk and these have nothing to do with China’s confidence in world rebound.

THE FACT THAT ROACH CAN SAY SUCH A THING PROVES HE HAS FAULTY LOGIC, IS NOT A MAN WHOSE ADVICE YOU CAN SAFELY ACCEPT AND SO IT IS, HIS READING OF SITUATIONS ARE NOT CONSISTENT, BIZARRE SOMETIMES AND HE HAS NO TRUE UNDERSTANDING.

Don’t hold your breath about yuan revaluation:

If anyone think that yuan revaluation is the panacea or will significantly ameliorate the financial and economic difficulties of the world, he is deluded. Yuan revaluation is a distraction, a side show.

The problem with the world is that too many nations (especially US and Japan) are in too much debt, the banks are broke, their money recklessly lent and lost forever and now too much money is in the hands of the few who are withholding the money and using it to plunder the system further. Many manufacturers have set up shop in China to maximize profits depriving the rich economies of jobs that will cripple them.

IT REFLECTS DELUSION OF THE WORLD THAT IT THINKS YUAN REVALUATION IS THE ANSWER. THERE ARE FAR GRAVER PROBLEMS ELSEWHERE EG BAN ALL SPECULATORS FROM THE OIL MARKETS TO CAUSE OIL PRICES TO FALL TO AFFORDABLE LEVELS STIMULATING THE ECONOMY FOR FREE. PEOPLE LIKE GOLDMAN SACHS, MORGAN STANLEY MAY HAVE CORNERED THE OIL MARKET, USING BORROWED MONEY TO PROP UP THEIR POSITIONS BY LEVERAGE.

Is the world is living frugally or extravagantly beyond its means?

In order to arrive at a prognosis regarding the world’s economic future, there are a few questions to consider.

Is the world is living frugally, affordably within its means or it is living extravagantly, wastefully beyond its means, it cannot afford it.

If the world has been living extravagantly or wastefully (especially the west and America) that it clearly cannot afford then clearly this crisis is terminal, whatever is wasteful squanders and what is squandered will return to haunt because you must pay for it even though it is squandered, if you cannot afford it, it cannot go on forever because you will sooner or later run into in-affordability.

Look around and if you are discerning you will realize the world is living wastefully with America as the leader of the pack of wasteful consumption. Car manufacturers and gadget manufacturers have sped up their product cycles with new models or cosmetic changes introduced more frequently to tempt people to change cars and gadgets on a whim.

IN TRUTH A LOT OF THE CARS, COMPUTERS, GADGETS DISCARDED CAN LAST MUCH LONGER PERHAPS WITH SOME MODIFICATIONS BUT THE PRESSURE IS TO DISCARD AND BUY NEW AND THIS IS WASTEFUL CONSUMPTION THAT CANNOT GO ON FOREVER. WASTEFUL CONSUMPTION CAN BE SUSTAINED FOR A WHILE BUT NOT INDEFINITELY, A TIME WILL COME WHEN THE WASTEFULNESS HAS SQUANDERED AWAY THE WEALTH AND RESERVES OF THE SYSTEM SO THAT IT IS FACED WITH AN EMPTY TANK.

FURTHER, CAN THE WORLD AFFORD THE LEVEL OF CONSUMPTION IT WAS SUSTAINING? THE TRUTH IS THAT NOT ONLY CAN THE WORLD NOT AFFORD THE LEVEL OF CONSUMPTION, IT WAS LIVING WAY BEYOND ITS MEANS BY BORROWING OR CREDIT. MANY LIKE NEW CARS, NEW HOUSES AND GADGETS BUT THEY CANNOT AFFORD IT AND SO IT IS A MATTER OF TIME WHEN THE WORLD RUNS INTO A CRISIS WITH DEBT.

Thus if you see things truly as they are and it is that the world was living wastefully (consuming un-essentially and wastefully) and cannot afford it (it was based on credit or borrowing), then a time will come and has come when the wastefulness and indebtedness has reached levels that can no longer be sustained and that means inevitable prolonged even terminal or cancerous pain when one must rein in wastefulness and start living within one’s means or affordability and that means a significant recession whatever you might want to call it.

IF THE POPULATION EXPANDS BEYOND THE EARTH’S CAPACITY TO SUSTAIN EVEN ESSENTIAL CONSUMPTION THAT THE WORLD CAN AFFORD MAY RUN INTO TROUBLE BUT IF THE CONSUMPTION IS UNESSENTIAL OR UNNECESSARY AND WASTEFUL (DISCARDED BEFORE TIME) AND THE WORLD CANNOT AFFORD IT (BASED ON BORROWING) THEN IT IS A RECIPE FOR CERTAIN EVEN CRIPPLING DISASTER SOONER OR LATER AND NO MATTER WHAT YOU MIGHT CALL IT, THIS CONSUMPTION CANNOT GO ON FOREVER AND WILL END IN A SERIOUS EXTENDED RECESSION AS NATURAL PAYBACK.

A SIGNIFICANT IF NOT ENTIRETY OF THE SAVINGS OF THE PEOPLE HAVE BEEN RECKLESSLY LENT OR UTILIZED BY BANKERS AND FUND MANAGERS AND NOW A DISPROPORTIONATE PORTION OF THE WEALTH IS IN THE HANDS OF THE FEW WHO CANNOT SPEND ENOUGH TO STIMULATE THE ECONOMY WHILST THE REST ARE SADDLED WITH SERIOUS EVEN UNPAYABLE DEBTS OR THEIR SAVINGS IN BANKS GONE (BUT THEY HAVE NOT BEEN TOLD). FURTHER THESE RICH GOATS ARE USING THEIR MONEY TO LEVERAGE OR BORROW MORE AND ATTACK THE SYSTEM BY SPECULATING (OIL & COMMODITIES EVEN CURRENCIES PUSHING PRICES UP) TO FURTHER INCREASE THEIR WEALTH AT THE EXPENSE OF THE SYSTEM WHICH UNDER THE CONTROL OF COMPROMISED CORRUPT POLITICIANS IS ALLOWING ABUSES TO CONTINUE.

ANOTHER SPANNER THROWN INTO THE WORKS IS THE TREND TO MANUFACTURE IN LOW COST REGIONS LIKE CHINA THAT TEMPORARILY SWELL COMPANIES PROFITS BUT IN TIME WILL KILL THE RICH WESTERN CONSUMER MARKETS BY DEPRIVING THEM OF EMPLOYMENT NECESSARY TO SUSTAIN THE EXTTRAVAGANT CONSUMPTION BASED ON CREDIT.

There are meaningful steps that can be taken to ameliorate the current crisis but the world is not taking them.

The markets should be weeded off speculators that will bring prices down to more affordable levels. Those without need for oil should be kicked out of the market, they should not be allowed margin finance to magnify their bets.

Credit should not be profligately given to people to buy cars and houses. Only if they can afford should they be allowed to buy. If it means the economy slows, so be it because to persist is a recipe for dire disasters later.

Banks should be allowed to fail then taken over by governments and their CEOs prosecuted for wrongdoing. Even programmed computers can run banks better than human CEOS who are actually incompetent, corrupt and way overpaid.

American companies that manufacture in China should be subject to duties to deter them from maximizing their profits without civic consciousness.

Vacations are unessential:

The Buddha and Jesus did not take holidays. I do not need holidays not because I am a workaholic but I am not stressed to need breaks nor do I have curiosity to need to go to faraway places.

WHETHER HOLIDAYS, TAKING VACATIONS AND THE WHOLE INDUSTRY SUPPORTED BY IT IS NECESSARY OR NOT, IS OBJECTIVE, NOT SUBJECTIVE OR DISPUTABLE.

IF VACATIONS ARE UNESSENTIAL THEN CONSIDERING THE WHOLE INDUSTRIES SUPPORTED BY IT (HOTELS, RESORTS, FOOD & BEVERAGES, AIRLINES), ALL THESE ARE POTENTIALLY VULNERABLE TO SERIOUS DOWNTURNS OR EVEN GOING BUST.

IF YOU EXAMINE A LOT OF ECONOMIC ACTIVITIES THEY ARE ACTUALLY UNESSENTIAL, CAN BE DISPENSED WITH AND IT INDICATES HOW MUCH THE ECONOMY CAN CONTRACT AND PEOPLE JOBLESS WITH SOCIAL UNREST AND MAYHEM LOOMING.

Sports, gambling & films totally unessential:

All forms of sports (football, golf, tennis) are totally unessential and were much smaller industries in the past. Gambling, alcohol (beer, wine), acting (movie industries) are all totally unessential and so could be dispensed totally with considerable impact on the economy.

IT IS BECAUSE MANKIND IS DELUDED AND ADDICTED NOT BECAUSE THEY ARE ESSENTIAL THAT MANY INDUSTRIES (TOBACCO, ALCOHOL, GAMBLING, ENTERTAINMENT) ARE FLOURISHING AND THESE HAVE BIG SCOPE FOR CONTRACTION IN BAD TIMES.

THE FACT THAT SUCH INDUSTRIES ARE BIG TIMERS REFLECT THE SCALE OF UNESSENTIAL CONSUMPTION THAT CANNOT GO ON FOREVER AND IT WILL LEAD TO A HANGOVER OR RECESSION.

Bras are totally unessential:

In the past, women in many parts of the world like Sri Lanka, Indonesia, Philippines, Africa were topless and so clothes let alone bras are unessential in parts of the world.

BRAS ARE ACTUALLY UNESSENTIAL LET ALONE FASHION, COSMETICS, BEAUTICIANS, HAIR DRESSERS. EVEN A LOT OF FOOD CONSUMPTION IS WASTEFUL AND A LOT OF MEDICAL AND DENTAL SERVICES ARE UNESSENTIAL.

China yuan comments boost markets:

The implication is that it is a positive step that will boost recovery but you don’t need to be an economist to know that it is nonsense and deluded.

No matter how optimally China revalues its currency, it will not boost recovery.

The world has spent itself profligately, un-affordably,  led by the leader of the pack of heedlessness, the US, into a big hole of debt and the only way out of the mess is to clear the debt.

What China’s revaluation can do is boost spending but you are already full of debts that need repayment so what have you got to spend except by creating further debts and not clearing your mountain of debts?

YOU HAVE SPENT YOURSELF UNAFFORDABLY INTO BIG TROUBLE AND IT IS FALSE LOGIC THAT YOU CAN NOW SPEND YOURSELF OUT OF TROUBLE THROUGH CHINA’S REVALUATION BOOSTING SPENDING.

WHAT IS NEEDED IS NOT REVALUATION BUT SETTLEMENT OF DEBTS. REVALUATION OF CURRENCIES EG AMERICAN DEVALUATION ARE A FORM OF CHEATING, SHIRKING RESPONSIBILITY BY CEREMONIOUSLY, SUMMARILY REDUCING YOUR DEBT OBLIGATIONS TO HOLDERS OF THE USD BY AN ACT OF DEVALUATION. THERE IS KARMA TO BE EXPERIENCED AS PAIN FOR THOSE WHO UNFAIRLY DEVALUE TO GET OUT OF DEBT TROUBLE THAT IS OF THEIR OWN CREATION.

THERE ARE FAR MORE MEANINGFUL STEPS TO BOOST THE WORLD ECONOMY BY GETTING RID OF SPECULATORS THAT ARE LIKE PARASITES INFESTING THE SYSTEM AND YET THIS WORLD PERCEIVE THEM AS HELPING TO SUPPORT THE MARKETS.

Can this world voluntarily restrain spending?

Do you think the current economic recession is a voluntary act, people with money to spend but restraining themselves?

The reason why there is a serious recession is because the pockets of the masses are empty, the world has collectively overspent, the savings are gone and the world (but not the rich minority who hold most of the wealth but cannot spend enough to stimulate the economy) have been forced to seriously curtail spending.

Faced with a system awash with debt, how can it spend itself out of trouble which is what the revaluation of China’s currency is supposed to do by promoting spending.

YOU HAVE NO MONEY TO SPEND AND ARE FULL OF DEBTS OR YOUR SAVINGS IN BANKS ACTUALLY ALL STOLEN, SO HOW WOULD REVALUING THE YUAN BOOST SPENDING IN PEOPLE WHO ARE FULL OF DEBTS?

THE CURRENT DOWNTURN IS NOT VOLUNTARY BUT THE RESULT OF THE WORLD RUNNING DRY OF CREDIT BY OVERSPENDING AND WHEN YOU RUN DRY NO AMOUNT OF STIMULUS WILL STIMULATE SPENDING IN PEOPLE WITH NO MONEY.

There is only one sane reason to spend:

You spend because you have money and have something useful to purchase. You don’t spend to boost the economy or help someone or whatever.

The world has spent itself into deep trouble and so you don’t look for means to spend to boost the economy like revaluing the yuan.

If the world has something meaningful to buy and it can afford it, it does not need revaluation of the yuan to boost it but if you revalue the yuan with the intention of boosting demand you are artificially trying to stimulate the economy with disastrous future consequences.

The US will get nothing from a revalued yuan:

The idea of a yuan revaluation is to make US goods cheaper so the Chinese will buy more whilst Chinese goods will be more expensive deterring Americans from buying Chinese.

Thus the purpose of revaluation is to promote spending by the Chinese not savings. Should the Chinese increase spending and get themselves into trouble in the future, what does the US care?

YOU THINK I AM TALKING NONSENSE AND NO ONE SPEAKS THUS BUT IT IS FAT HOPE TO THINK THAT A STRONGER YUAN COULD ENABLE THE US TO EXPORT ITSELF OUT OF TROUBLE BECAUSE THE US OWES CHINA A LOT OF MONEY AND IT WILL NOT GET ANY MONEY FROM INCREASED EXPORTS WHICH CHINA WILL PAY BY OFFSETTING WITH THE MOUNTAIN OF USD IT HOLDS.

IF YOU OWE ME A LOT OF MONEY WHY SHOULD I PAY YOU FOR YOUR GOODS? SURELY IT SHOULD BE DEDUCTED FROM WHAT YOU OWE ME AND SO YOU WILL GET NOTHING UNTIL YOU HAVE CLEARED YOUR CONSIDERABLE DEBT WITH ME.

Here God is anything but dead:

It is never reason or true understanding that is the basis of such a statement but it is emotion and false understanding that is responsible and the person is courting insanity.
If you say ‘God is anything’ you are contradicting and therefore falsifying what you say with karma by adding ‘but dead’. The ‘but dead’ renders your statement ‘God is anything’ wrong or false.

Secondly, God is not anything, cannot be everything, God is not the devil or anything else except God. Thus it is false to say God is anything.

GOD IS SUCH AND SUCH, CAN CLEARLY BE DEFINED, WITHOUT KNOWING THE NATURE OF GOD YOU ARE FOOLISH TO TELL OTHERS GOD IS ANYTHING OR EVERYTHING.

God is not you and you are not God:

God is not you and you are not God so how can God be anything?

The USD got value after all:

The USD got value after all but rather than cause for celebration that value may haunt the fool who abused its value to incur mountainous debts.

Now that the US has foolishly incurred a mountain of debt with the rest of world, not just China by keep printing USD to buy goods wastefully that it in truth could not afford nor truly need it is faced with debt obligations so great that it would not get any money for its exports, just the pleasure of seeing its mountainous pile of IOUs slowly shrinking and by the time it has repaid its debts and started collecting money from the rest of the world, it would have ‘died of starvation’ for lack of payment.

AMERICA WILL NOT GET THE PLEASURE OF RECEIVING MUCH NEEDED MONEY FOR ITS EXPORTS, IT WILL ONLY GET THE PLEASURE OF SEEING ITS PILE OF DEBT BEING WHITTLED DOWN AND IN THE MEANTIME IT MUST FIND OTHER MEANS OF SUSTENANCE. THIS IS THE HEAVY PRICE OF BEING A SPENDTHRIFT BUYING GOODS WASTEFULLY ON CREDIT THAT YOU CANNOT AFFORD.

Yuan revaluation can backfire on US:

After revaluation the price of American goods remain the same in USD but is cheaper in yuan but Americans, if their appetite for Chinese goods is unabated and they are merely paying with printed pieces of paper, will have to print more to pay for Chinese goods and so if the Chinese remain in trade surplus, the US will see its pile of US denominated debt to China piling up faster. Further since China already holds a mountain of USD, it will pay the same price in USD using USD it already holds to pay for it.

BECAUSE CHINA ALREADY HOLDS A BIG PILE OF USD TO PAY FOR ITS IMPORTS FROM THE US WHICH REMAINS THE SAME PRICE IN USD, THE PRICE REMAINS THE SAME UNTIL THE DAY IF EVER CHINA HAS TO SWAP YUAN FOR USD TO PAY FOR ITS IMPORTS FROM THE US. IN THE MEANTIME, THE US HAS TO PAY MORE USD FOR ITS IMPORTS FROM CHINA AND IF IT IS FOOLISH AND ITS APPETITE REMAINS UNDIMINISHED IT IS GOING TO PILE UP MORE USD DEBT THAN BEFORE AS A RESULT OF REVALUATION.

How yuan revaluation backfires on US:

The yuan revaluation will backfire in two ways:

First, because China holds a big pile of USD and the price of US goods in USD remain the same, China will be using USD it already holds to repay and so US goods may not be cheaper as intended.

Secondly, if US appetite for Chinese goods remains unabated and the Chinese remain in trade surplus, the USD deficit will pile up faster than before.

Cheaper US goods will not necessarily translate into greater Chinese demand, there may be alternative supplies of the same goods that are even cheaper and because China has to earn the USD to pay for the goods whilst the US can profligately keep printing more, it is unlikely China will be as profligate or reckless as the US in building up trade deficits.

What the trouble is:

The trouble is not the yuan being undervalued causing burgeoning trade deficits but the trouble is the US not having to earn the USD but haughtily printing USD for its purchases of Chinese goods without regard for its debt obligations that is piling to disastrous levels.

Thus no amount of tinkering with the value of the yuan will resolve the problems but the US has to cut its debt by repayment and diminishing its imports from China. If you cannot afford to pay then you must stop buying, not keep issuing IOUs that is courting certain future disaster as has happened.

IF THE US HAS TO BUY A WORLD CURRENCY TO PAY FOR ITS CHINESE IMPORTS THERE IS NO WAY IT CAN BUILD UP SUCH DEFICITS BECAUSE IT WILL RUN OUT OF WORLD CURRENCY AND NOBODY WILL LEND IT WORLD CURRENCY EXCEPT AT EXORBITANT INTEREST RATES FOR IT CONTINUE ITS SPLURGE.

Why there will be no recovery with potential for worse:

The world in the previous boom was living way beyond its means because of the US printing currency to pay for goods that it in truth could not afford. If the US had to earn the currency it needed to purchase those goods, the world would not have boomed as it did. Because the US has recklessly piled up mountainous debts and the world is awakening to its deceit, there is no way the US can resume to be the locomotive of growth fuelled by pieces of intrinsically worthless pieces of paper.

THE WORLD AND THE US MAY BE WEALTHY BUT IT IS NOT AS WEALTHY AS THE DECEPTION CAUSED BY THE US PROFLIGATELY PRINTING WORTHLESS PAPER TO FUND PURCHASES FROM THE WORLD.

There are also other ways in which the world lived beyond its means. Insurance companies like AIG were fuelling growth by insuring without backup, they collected the fees but did not have the money to pay if disaster occurred. Companies like Northern Rock and Lehman Bros were borrowing short term to lend long term and now that credit has dried up such practices which boost credit falsely cannot happen.

Many companies and individuals expanded aggressively by borrowing or leveraging. There is margin finance in shares & commodities. The Glazers may bankrupt Manchester United because they borrowed to fund their purchase that is backed up by MU shares. Their shopping centre empire in the US is in big trouble because of borrowings and poor returns.

Much of the money spent during the boom were spent wastefully (new stadiums, new houses and offices) or on investments that made poor returns thus you will not see many investments that recouped on themselves. Many individuals and companies are saddled with massive or significant debts through credit card, mortgages, etc to have their spending power seriously curtailed.

Subprime lending to people who should not have been allowed to borrow and deferred payment on principal artificially, recklessly boosted demand that cannot return to boost the economy that must therefore contract.

The savings of many have been recklessly lent out and lost through the property and credit card collapses and so the money is gone, transferred into the hands of the few who were the beneficiaries of the profligate lending.

There is now a system threatening imbalance between the few who have so much money they can never spend enough to stimulate the economy and the many whose savings have been lost by reckless lending, who built up significant debts by overconsumption so that their spending is crimped.

These privileged few with the most money are investing through hedge funds to plunder further in currency, bond, shares and commodity markets to further increase their wealth at the expense of the system.

The US and western nations already faced with mountainous debts are faced with entrenched high unemployment because many of their indigenous companies have retrenched production to low cost centres like China depriving their lucrative markets of employment necessary for their continued well being.

THE WORLD WAS CHRONICALLY LIVING WAY BEYOND ITS MEANS BECAUSE THE US KEPT PRINTING MONEY TO PAY FOR GOODS IT ACTUALLY COULD NOT AFFORD. THERE WERE SERIOUS FINANCIAL SCAMS THAT PERMITTED CREDIT WAY BEYOND TRUE CAPACITY THROUGH INSURANCE FRAUD, CHEATING BY BORROWING SHORT TERM TO LEND LONG TERM, LEVERAGING OR MARGIN FINANCE. SUBPRIME LENDING, DEFERRED PAYMENT OF PRINCIPAL ARTIFICIALLY BOOSTED THE HOUSING MARKETS. A LOT OF THE MONEY WAS SPENT ON WASTEFUL INVESTMENTS (EG HOUSES, CARS, APPLIANCES) THAT WILL RETURN LITTLE OR NOTHING.

THE SAVINGS OF PEOPLE ARE GONE THROUGH RECKLESS LENDING, MANY ARE ‘FULL OF DEBTS’ SO AS TO BE UNABLE TO SPEND WHILST THE FEW HAVE BECOME SO RICH THEY CANNOT SPEND ENOUGH TO STIMULATE THE ECONOMY, WORSE THEY INVEST IN HEDGE FUNDS THAT MARAUD LOOKING FOR MORE PLUNDER AT THE EXPENSE OF THE SYSTEM.

MANY COMPANIES HAVE RELOCATED MANUFACTURE IN COUNTRIES OF LOW PRODUCTION COST DEPRIVING THEIR MARKETS OF THE EMPLOYMENT NECESSARY FOR CONTINUED CONSUMPTION.

How can you?

Now that you know the US is building mountainous debts with the world and may struggle or be unable to pay for its debts, would you keep supplying it with goods without some wariness? If there is wariness, can the US keep consuming as before and therefore sustain the previous boom?

If subprime lending and deferred principal repayment boosted the economy considerably in the past, can we return or do we have the money to return to those ‘go, go’ days and without returning to subprime and deferred principal lending can we have such a hot economy as before?

Can we still revert to insuring without backup and borrowing short term to lend long term and without reverting to such shady practices can we still boom?

With so many individuals and companies saddled with serious debt can we revert to the ‘go, go’ days?

Will all these rich people who have cornered the wealth return the wealth to the system? Without expunging the debts of the masses can they spend as freely as before?

Will all these American companies who have ‘patriotically’ gone to China to manufacture return to America to manufacture?

THUS THE WORLD IS FACING SEVERE IRREVERSIBLE PROBLEMS THAT WILL ENSURE THERE IS NO RETURN TO THE ARTIFICIAL WASTEFUL BOOM OF THE PAST. FURTHER THE EARTH HAS BEEN PLUNDERED SO BADLY IT IS NOT RIDING TO THE RESCUE OF MANKIND.

The karma of advocating change we can believe it:

It reflects the falsity of the premise and false understanding of people that Obama’s campaign for election was based on the slogan ‘Change we can believe in’.

You never advocate truly change that we can believe in but you advocate ‘change we can see’.

If you can see the changes where is the need to believe in those changes? It is because you or the public cannot see the changes that you want them to use force to accept or believe the changes they cannot see or trust you. It is dangerous to believe, to use force to accept what you cannot see because it is lapsing into falsity and conditioning and so whoever advocates belief is advocating suffering.

IT IS BECAUSE YOU CANNOT SEE THE CHANGES YOU ADVOCATE (IT MAY BE CHANGE FROM ONE REPUBLICAN BRAND OF SHIT TO THE DEMOCRATIC BRAND OF SHIT) AND THE PEOPLE CANNOT SEE THE CHANGES YOU ADVOCATE THAT YOU WANT THEM TO BELIEVE THE CHANGES YOU ADVOCATE. AND SO IT HAS COME TO PASS THAT THE CHANGES ARE FALSE AND PEOPLE ARE DISAPPOINTED WITH THE NEW ADMINISTRATION.

IF OBAMA'S CHANGES ARE TRUE THEY CAN BE SEEN AND SO WHY DID HE NOT CAMPAIGN SAYING 'CHANGES YOU CAN SEE'? IT IS BECAUSE HE IS NOT SURE AS TO WHETHER THOSE CHANGES ARE GENUINE AND BENEFICIAL THAT HE APPEALS TO THE PUBLIC'S FAITH THAN REASON OR SEEING.

Money:

In the past sea shells have been used as money. Money is like language, but whereas words are vehicles for exchanging ideas or data, money is a vehicle for exchanging value. Intrinsically the pieces of paper are not worth much if anything but it is a repository of value accepted by a community using that money to be the vehicle to efficiently undertake commercial (buy & sell) transactions that may be degraded (by printing excessively and inflation, asking for more money for the same good) or upgraded.

If the money supply in a community is tight, then if you do not have money but you wish to hire a clerk, you can agree with the person to pay say in fish or rice that you produce and this person will be paid with fish and rice that she may then sell off to others with money so that she ends up with money that you did not have to pay her.

The amount of money in circulation is usually determined by the authorities (central bank) and it may flood the society with more printed money than advisable (to promote a boom that makes politicians artificially popular) or mop up money (liquidity) to try to restrict people’s spending or cool down heated economies.

Suppose a fisherman catches fish worth $1000 and he sold it off. He receives the $1000 which is now taken out of circulation should he save it but if he spends it then the money is returned to the system or passed on to someone else for reuse. The fish (that the earth produces) may be eaten and gone forever but its value in currency was paid to the fisherman and remains until he spends and returns it to the system.

THE GOODS SOLD MAY PERISH BUT THE MONEY REMAINS AND SO LONG AS THE SANCTITY OF THAT MONEY’S VALUE IS RESPECTED, THEN THAT MONEY USED TO BUY THAT PERISHED GOOD REMAINS IN THE POSSESSION OF THE SELLER, TAKEN OUT OF CIRCULATION UNTIL HE SPENDS IT.

If one was to greedily ask more money for one’s goods (eg cakes, house, salary) then if the money in the system remains the same then it would become more tight or scarce because more money is needed to pay for the same service or goods or the authorities can cheat by printing more money that negates this unrighteous demand for more money for the same good. This is the evil of inflation, wanting more for one’s goods that is mostly self defeating because everyone starts jacking up prices, only those who have little power to raise prices (eg labourers) lose out in this battle of inflation.

THE EVIL OF INFLATION IS THAT IT BECOMES A SENSELESS ARMS RACE OF ASKING FOR MORE IN WHICH THOSE WITH LITTLE OR NO POWER OF RAISING PRICES ARE LEFT BEHIND, MORE AND MORE IMPOVERISHED.

IT IS UNRIGHTEOUS GREED THAT DRIVES PEOPLE TO ASK FOR MORE FOR THEIR GOODS (EG PROPERTY) SO THAT THEY ACCUMULATE MORE OF THE MONEY IN COMMON SUPPLY AND THIS TRIGGERS AN ARMS RACE OF OTHERS SIMILARLY WANTING MORE FOR THEIR GOODS AND SERVICES THAT ENDS WITH THOSE POWERLESS TO RAISE PRICES FALLING BEHIND AND INSTABILITY OR RUN AWAY INFLATION. YOU MAY BECOME A MILLIONAIRE TODAY BUT ITS VALUE IS MUCH LESS THAN THE MILLION DECADES AGO. THE VALUE OF CURRENCY HAS BEEN DEBASED.

Money can be leveraged many times causing booms and busts:

Because it is the tendency for all to keep their money in banks in the greed to maximize returns by earning interest, a single million deposited in a bank can be lent out, re-deposited and lent out even many times and so long as all the borrowers service their loans faithfully, everything will be humming robustly with the economy growing by ‘leaps and bounds’. Through five cycles of lending and re-depositing, there can be five apparent millionaires in the system when there is only one million which spawned the lending and depositing. Only when the borrowers have repaid their loans successfully will there be truly 5 millionaires but whilst they are servicing their loans, there is only one million and five theoretical millionaires. You think your million is in the bank but it has been lent out and will only return if the borrower faithfully repays his loan.

Although banks have statutory requirements say to keep 30% deposits liquid to meet withdrawals, the other 70% can be lent out not just once but many times by the same or other banks through cycles of lending, re-depositing by recipients of the lent money to be lent out yet again.

THUS WHEN BORROWERS SERVICE THEIR LOANS FAITHFULLY, THE ECONOMY IS HUMMING, GROWING IN LEAPS AND BOUNDS FAR GREATER THAN IF THE MONEY IS ONLY LENT OUT ONCE BUT SHOULD THERE BE SERIOUS DEFAULT, SOME OR ALL THE BORROWERS SUDDENLY ARE UNABLE TO SERVICE THEIR LOANS THEN A SINGLE MILLION CAN SPAWN SEVERAL MILLIONS OF LOSSES. SHOULD THE FIVE THEORETICAL MILLIONAIRES WANT THEIR MONEY BACK, THERE IS ONLY ONE MILLION IN THE SYSTEM AND ONLY ONE WILL GET HIS MONEY BACK.

THUS BECAUSE THE MODERN TREND IS FOR PEOPLE TO KEEP MONEY IN BANKS TO EARN INTEREST, THE SAME AMOUNT OF MONEY CAN BE DEPOSITED AND LENT, REDEPOSITED TO STOKE CONSUMPTION MANY TIMES THE ACTUAL MONEY IN THE SYSTEM. SHOULD EVERYTHING WORK FINE THE ECONOMY GROWS RAPIDLY BUT SHOULD SOMETHING GO WRONG, THERE CAN BE SYSTEM THREATENING LOSSES.

THUS IT BEHOVES FOR GOVERNMENTS AND CENTRAL BANKS TO SUPERVISE TO ENSURE THAT LENDING IS DONE RESPONSIBLY TO PEOPLE WHO HAVE A CAPACITY TO FINANCE THEIR BORROWINGS. THIS CLEARLY HAS BEEN SHIRKED EVEN IN A SO CALLED ADVANCED COUNTRY LIKE THE US WITH SUBPRIME NINJA LOANS AND DEFERRED PRINCIPAL MORTGAGES.

Supposed there are no banks:

If banks did not exist people would have to keep their money at home. They would not earn any interest on their money but that money will be taken out of circulation; no one can use the money until they themselves spend it. Should others want money that money is out of bounds and so they might have arrange barter, eg pay your clerk in fish or rice that your clerk may be able to sell to others for cash. There is no risk of any crash because your money is taken out of circulation until you spend it and if there is a shortage of money because people save or hoard money then the government either prints more money with risk of diluting the value of money or the economy has to make do with the shortage of money.

IT MAY NOT BE A VIRTUE FOR PEOPLE TO PUT MONEY IN BANKS TO EARN INTEREST TO BE LENT FOR USE BY OTHERS BECAUSE IT IS FRAUGHT WITH DANGER OF ABUSE BY BORROWERS AND RECKLESS BANKERS & SUPERVISORS. IT MAY BE SAFER FOR PEOPLE TO KEEP THEIR MONEY AT HOME OR IN SAFE DEPOSIT BOXES.

HERE AGAIN IT MAY BE FALSE PERCEPTION OF EMOTIONAL PEOPLE TO THINK THAT IT IS THE SANEST THING FOR EVERYONE TO PUT MONEY IN BANKS FOR RECYCLING AND TO EARN INTEREST. IT MAY BE A MOST DANGEROUS THING, A RECIPE FOR LOSING YOUR MONEY BY FECKLESS BANKERS.

Ninja loans & its delusional rationale:

For a long time the US authorities permitted Ninja loans where a person could take up a mortgage without income, job or assets to back.

It is not as crazy as it appears because the self feeding rationale is that because house prices kept rising should the borrower run into trouble the repossessed house would be worth more than the loan and because such Ninja loans artificially boosted demand it boosted prices that justified the deluded belief that prices will keep rising therefore fear not of loss of the loan.

IF YOU KEPT YOUR MILLION AT HOME THEN EVEN IF SOMEONE WANTED TO BORROW A MILLION THE BANK HAS NO MONEY AND HE WILL HAVE TO DO WITHOUT BORROWING.

IF YOU KEPT YOUR MILLION IN THE BANK THEN THE BORROWER CAN BORROW IT AND IF THE PERSON WHO RECEIVED YOUR MILLION AS PAYMENT FROM THE BORROWER DEPOSITED HIS MILLION IN A BANK THEN THAT SAME MILLION IS AGAIN AVAILABLE FOR LENDING AND THIS CAN GO ON MANY TIMES SO THAT A SINGLE MILLION CAN PERMIT LENDING TOTALLING MANY MILLIONS. SHOULD THE MONEY BE RECKLESSLY LENT THEN MANY MILLIONS IN DEFAULT WILL RESULT FROM JUST THAT SINGLE MILLION.

What do you mean by recovery and why is it impossible?

You hear economists and politicians talk optimistically about recovery when for a person with true understanding and with the information in the public domain, you know it is impossible and they are talking nonsense or they don’t understand fundamental things.

Recovery means return to the past when everything was rosy or booming.

But the reason it was rosy was because of reckless lending with subprime loans that require no income, jobs or assets, deferred principal repayment, bankers getting insurance companies and investors to foolishly insure their heavily cosmetically touched up loans that they bribed rating agencies to give AAA ratings, they hived off these rotten loans and hide loans under the table in order for them to lend far more than rules permit, the US kept paying for its imports from the world with pieces of printed money that has no asset backing, US factories were providing employment to its people not closing down to set up in China, banks were working overtime to dispense its cash for credit card use, the masses were not heavily indebted and savers’ money were still intact in banks, industry was busily cranking out new houses, offices, factories and infrastructure to meet imagined demands of the future.

GROSS EXTENSIVE ABUSE WAS THE CAUSE OF THE PAST BOOM AND NOW THAT WE HAVE EXPENDED THE MONEY IN USELESS WASTEFUL CONSUMPTION, MIRED IN COLLECTIVE DEBT AND SQUANDERED THE MONEY IN USELESS INVESTMENTS (NEW HOUSES, RESORTS, CASINOS, ETC), CAN WE RETURN TO THAT ABUSE THAT IS THE SOURCE OF THE BOOM. EVEN IF WE WANTED TO RETURN, THERE MAY BE NO MORE BOOZE LEFT.

IF IT WAS TRUE CONSCIENTIOUS PRODUCTIVITY, MEANINGFUL PURSUITS THAT WAS THE BASIS OF THE PAST BOOM THEN A RECOVERY IS LIKELY AND FAST BUT IF THE PAST BOOM WAS BASED ON ABUSE THAT MADE THE SYSTEM SICK EVEN CANCEROUS, HOW CAN THERE BE A RECOVERY?

IF THERE IS EVIDENT CRASS ABUSE PERPETRATED AND YOU CANNOT SEE IT THEN YOU ARE BLIND. IF ABUSE, SQUANDERING IS THE CAUSE OF THE PAST BOOM, THEN HAVING SQUANDERED YOUR WEALTH AND MIRED IN EVEN INSOLUBLE DEBT HOW IS IT THAT A PERSON WHO TRULY UNDERSTAND CAN ENVISAGE RECOVERY AND A QUICK ONE? BECAUSE THE PAST WAS ABUSE, RECOVERY MEANS RECOVERY TO ABUSE. IF IT IS POSSIBLE TO RECOVER TO THE PAST ABUSE THE SYSTEM WOULD NOT HAVE COLLAPSED AS IT HAS NOW.