Bersih is
still around and so it has not been destroyed by Anwar and it is a false
statement with attached karma and further it attacks Anwar with further karma.
And so it
people think they speak the truth and are good but it is only in delusion and
because they are busybodies and opinionated they are heaping upon themselves
karma to be experienced as pain.
Although
the Fed has printed $2.8 trillion it may be little compared to the debt
crushing the economy and it is also misguided.
The
reason why the Fed is buying up mortgages (with printed money or quantitative
easing) is because borrowers have defaulted and the money goes to pay rich
lenders, bond holders and does not go into the economy, does not stimulate the
economy and these bond holders take their money elsewhere to speculate, to lend
to make more money and little trickles down to the economy and may cause
further trouble later eg they lend to Asian countries like Indonesia and
Malaysia to spend beyond their means with subsequent default.
AS MUCH
AS $2.8 TRILLION IS, IT MAY BE BARELY SUFFICIENT TO AVERT COLLAPSE AND IT IS
USED TO PAY RICH BOND HOLDERS WHO DO NOT SPEND IT BUT TAKE IT ELSEWHERE TO
SPECULATE, TO LEND TO MAKE MONEY AND THIS IS LIKELY TO CAUSE DEBT DEFAULT
LATER.
People
think they are smarter but they are stupid and asking for suffering.
No one is
the master of his anger and so it is frivolous advice with karma telling others
to do something they cannot do, don’t get mad and further get even is also
driven by emotion and it is suffering to plot and execute revenge and there is
karma for taking revenge no matter how right you think your revenge.
YOU ARE
ASKING THE IMPOSSIBLE TELLING OTHERS NOT TO GET MAD AND THAT HAS KARMA. GETTING
EVEN TOO INVOLVES EMOTION AND SUFFERING AND THERE IS KARMA FOR SEEKING AND
EXACTING REVENGE.
Quantitative easing can never cure economy:
If you
have true understanding you will realize quantitative easing is the wrong
answer, it only staves off collapse by paying creditors to ward off default but
it will never cure the economy.
If the
printed money was handed to the impoverished, jobless and debt ridden people it
may stimulate the economy (and ignite inflation) but because the printed money
is to bail out rich bondholders at the expense of
the people (the people assume the unpaid debts without getting
anything except overpriced properties nobody wants), it further burdens the
people or system whilst the money printed falls into the hands of rich people
who cannot spend enough to stimulate the economy and they tend to spend amongst
themselves than those below and they use their freed money to further speculate
and undermine the economy.
MONEY
PRINTED TO BUY BONDS INCURS FURTHER DEBT ON THE SYSTEM WHILST REPAYING RICH
BOND HOLDERS WHOSE SPENDING BENEFITS THEMSELVES THAN THOSE BELOW AND THEY ARE
LIKELY TO USE THE MONEY TO FURTHER SPECULATE AND UNDERMINE THE SYSTEM.
PRINTING
MONEY TO BUY BONDS ONLY PRVENT SYSTEMIC COLLAPSE IT DOES NOT AND CANNOT
STIMULATE THE ECONOMY BECAUSE THE PEOPLE REMAIN POOR AND JOBLESS.
QE delays a collapse that will be even bigger:
Quantitative
easing postpones a collapse that will be even bigger.
Without
printing money to redeem bonds there would be a massive system default but by
printing money the government is assuming the debt rich creditors hold and
stave off collapse by cheating, by printing worthless paper.
The rich
bondholders are thus rescued, their money they would have lost have been
returned to them and they seek higher yields elsewhere by pushing up gold, oil
and commodity prices, by speculating in currencies for instant gains without
doing work and they lend to Asian countries where the yield is higher and when
these countries cannot repay their debts, an even bigger debt crisis will
erupt.
THERE IS
STILL VERY MUCH, MOUNTAINOUS DEBTS LOCKED UP IN US TREASURIES OR BONDS BUT
THOSE WHO HAVE BEEN BAILED OUT BY PRINTED MONEY SEEK HIGHER YIELDS WHEREVER
THEY MAY BE, INCLUDING LENDING TO FECKLESS ASIAN ECONOMIES IN NEED OF STEROIDS,
THEY SEEK TO SPECULATE TO DRIVE UP OIL AND COMMODITY PRICES, THEY SEEK TO GAIN
BY CURRENCY SPECULATION AND THIS WILL ALMOST GUARANTEE AN EVEN BIGGER PILE OF
SHIT LATER.
What do
you understand by the headline?
The Fed
is not dishing out money to everyone (on the street), only dishing out money to
people who hold bonds (that nobody else wants to buy) and only those who are
well to do hold bonds.
If the
Fed had not bought the bonds they may have defaulted and bondholders may
(deservedly) lose their shirts but by buying the bonds the Fed is assuming the
debts in those bonds on behalf of the system or people and those bondholders
who have redeemed their bonds now have cash or USD on their hands (instead of
bonds) that they can use to speculate and attack the system and look for better
yields wherever they can like lending to emerging markets like India, Malaysia.
THUS FED
BOND BUYING STAVES OF COLLAPSE BY PREVENTING DEFAULT ON BONDS, BAILS OUT RICH
BONDHOLDERS WHOSE SPENDING CANNOT STIMULATE THE ECONOMY, CIRCULATES AMONGST THE
RICH AND THEY USE THEIR FREED MONEY TO GAME THE SYSTEM FURTHER.
When if ever are you going to tackle the debt?
Quantitative
easing is merely accepting more debt to the already overburdened system and the
money paid to bondholders is likely lead to more speculative or reckless
lending behaviour that will create even more debt down the line and yet is
anyone drawing a line in the sand and say enough is enough, let us grapple with
and clear the mountainous debt already amassed?
NOBODY IS
BOTHERED WITH COMING TO TERMS AND REDUCING THE ALREADY MOUNTAINOUS PILES OF
DEBTS, ALL THEY ARE INTERESTED IS GETTING BY, ISSUING MORE IOUS AND HOPE FOR
THE BEST, HOPE SOMEONE ELSE DOWN THE LINE, THE CHILDREN WILL CLEAR THE DEBTS.
A boom based on debt that will be fatal:
Mankind
sure know how to live it up, nowadays they wear fancy expensive clothes, eat in
swank restaurants, drive flash cars, live and work in swank premises, worship
in swank houses of worship and they draw handsome salaries but it is all not
just unaffordable but grossly unaffordable and so it will ultimately come
crashing down in anarchy and recriminations and many do not realize they have
much to account for, much suffering in repayment to endure.
BIS: Global finance worse today than 2007:
(Quantitative
easing buys time but this time was squandered and the system is more dangerous
according to Bank of International Settlements.)
Extreme
forms of credit excess (abuse) across the world have reached or surpassed
levels seen shortly before the Lehman crisis five years ago, the Bank for
International Settlements has warned.
The hunt
for yield (returns) was luring investors en masse into high-risk instruments.
“This looks like 2007 all over again, but even worse,” said William White, the BIS’s
former chief economist who flagged the wild behaviour in the debt markets
before the global storm hit in 2008.
“All the
previous imbalances are still there. Total public and private debt levels are
30pc higher as a share of GDP in the advanced economies, and we have added a
whole new problem with bubbles in emerging markets that are ending in a bust
cycle.
The BIS
said in its quarterly review that the issuance of subordinated
debt (lenders last in line for repayment in liquidation) has jumped
more than threefold over the last year to $52bn in Europe, and jumped tenfold
to $22bn in the US.
The share
of “leveraged loans” used by the weakest borrowers in the syndicated loan
market has jumped to an all-time high of 45pc, ten percentage points higher
than the pre-crisis peak in 2007-2008.
The BIS
said investors are snapping up “covenant-lite” loans that offer little
protection to creditors, as well as a form of hybrid capital for banks known as
CoCos (contingent convertible capital instruments) that switch debt into equity
if bank capital ratios fall too low. (Investors are so desperate to lend they
are willing to lend even if they are least likely to be repaid).
The BIS
said interbank credit to emerging markets has reached the “highest level on
record” while bonds issued in off-shore centres by private companies from
China, Brazil and other developing nations exceeds total issuance by firms from
rich economies for the first time, underscoring the sheer size of the debt
build-up in Asia, Latin Africa, and the Mid-East.
Nothing regulatory of significance has changed:
"When
you look at who has been hired at the SEC recently, starting with Mary Jo
White, every last one of them worked for a Wall Street defense firm," said
Former U.S. Senator Ted Kaufman, author of defeated legislation to break up the
big banks.
Dodd-Frank,
the massive law passed in 2010 and touted as a safeguard against future
financial crises, is deeply flawed bill that failed to address fundamental
issues, such as the conflict of interest between ratings agencies, the size of
banks or their fundamental structure. It remains largely dormant, with more
than half the rules yet to be written by the SEC.
The broad
consensus across the political spectrum is that the biggest banks are over-leveraged
and as dangerous as ever.
"As
long as Congress and the administration don't want to do anything, nothing is
going to happen. There's an unholy alliance between Wall Street, Obama and
Congress."
Kaufman
and others believe another crisis is entirely possible, perhaps inevitable.
"I
was an engineer," said Kaufman. "If you build a rocket and it falls
on its side and blows up, and then you build an identical rocket, it will fall
on its side and blow up, too."
Kaufman
thinks the next problem could take years to surface -- or happen at any moment.
And where
are the people who were at the heart of the scandal now?
Lawrence
Summers, an acolyte of former Treasury Secretary Robert Rubin and one of the
most strident advocates of financial deregulation, is now being touted as Mr.
Obama's leading candidate to lead the Fed.
"Rubin
and Summers were the chief architects of the crisis," Black said.
As for
the others, the Center for Public Integrity has compiled a deeply
reported series detailing their post-crisis lives, noting dryly that
"none of them are hurting for money."
(In 1929
bankers committed suicide but today’s discredited bankers are living it up)
As for
the bankers, Kaufman notes that none, in contrast to the stock market collapse
of 1929, have jumped out of windows from shame. Jimmy Cayne, Bear Stearns' CEO
at the time of the 2008 crisis, who famously played in a bridge tournament
while his firm was going down in flames, is still playing bridge and living in
a multi-million dollar condo in New York's storied Plaza Hotel. The Center for
Public Integrity estimates he brought home about $375 million. Former Lehman
CEO Dick Fuld repaired to his Greenwich, Conn., mansion, where he maintains
contacts with some former colleagues and underlings.
Among
mortgage bankers, former CountryWide CEO Angelo Mozillo exited the business
with well over $100 million. By contrast, CPI reports that senior executives
with the 25 biggest subprime lenders during the bubble remain in the mortgage
racket.
Ken
Norton was far more than simply 'the man who broke Muhammad Ali's jaw', argues
BBC Sport's Ben Dirs
A mighty
planet in Ali’s solar system is always a view not fact and it is false,
conditions self and others who accept in falsity that ends in suffering even
eternally.
Suffice
you review factually and say this and this is what Norton did, this and this is
what happened to him.
VIEWS ARE
ALWAYS DANGEROUS AND SUFFERING NEVER THE TRUTH OR GOOD AND A PERSON WHO HAS
VIEWS IS CONDITIONING HIMSELF AND OTHERS TO HAVE VIEWS THAT CLUTTER AND CONFUSE
THE MIND, AND IT WILL END IN TEARS FOR THE OPINIONATED FOOL.
Acceptance without resistance is impossible:
It is not
possible for anyone to fabricate and present, to accept as valid or not to be
sure what it means, a view such as ‘Norton is a mighty planet in Ali’s solar
system’ without raised self resistance that leads to stress, conditions the
person to automatically resist what is presented to him that detains him in
tormenting stress not just here but even eternally after he dies.
Only the
person who understands the statement is a view not truth, is false and harmful
and does not accept it nor is he uncertain as to its nature does not stir
resistance and is free from stress.
IF YOU
FABRICATE A VIEW AND BROADCAST IT YOU MUST DO SO WITH STIRRED RESISTANCE THAT LEADS
TO STRESS.
IF YOU
ACCEPT SUCH VIEWS AS VALID AND GOOD OR YOU DO NOT KNOW WHAT TO MAKE OF IT, YOU
TOO MUST STIR RESISTANCE THAT LEADS TO STRESS.
ONLY THE
PERSON WHO DOES NOT ACCEPT SUCH VIEWS, KNOWS THEY ARE HARMFUL AND DANGEROUS
DOES NOT STIR RESISTANCE.
THUS ALL
THOSE WHO LOVE TO FABRICATE AND BROADCAST THEIR VIEWS ON THIS AND THAT IS
PUTTING A NOOSE AROUND THEIR NECKS AND CREATING FUTURE SUFFERING AND INSANITY
FOR THEMSELVES.
Resorts World Sentosa hires 36 dolphin trainers
All this
economic activity is for show, does not serve any useful or productive
activity, trainers are hired to train dolphins who perform for show to impress
audiences so that they can make money for their employers and they are charged
substantially for being entertained and in truth the world cannot sustain such
wasteful consumption for the purpose of idle entertainment.
ENTERTAINMENT
TODAY IS NOT CHEAP AND A LOT OF INDUSTRY OR WORK TODAY IS WASTEFUL, FOR
CONSUMPTION OR ENTERTAINMENT OR SHOW AND IT IS NOT AFFORDABLE, BUILT ON DEBT
AND SO IT CANNOT GO ON FOREVER AND THERE WILL BE DEPRIVATION LATER ON.
THEY SAY
THE BIGGER THEY GROW THE HARDER THEY FALL AND SO TODAY ECONOMIES HAVE GROWN
VERY BIG AND WHEN THEY CANNOT BE SUSTAINED FURTHER AND COLLAPSE, THERE WILL BE
TERRIBLE HARDSHIP.
Bondholder bailout not quantitative easing:
The bonds
that the Fed are buying are not issued by the Fed but by the markets recklessly
and the Fed is forced to buy because there are no buyers, if there were ready
buyers for these bonds why would the Fed trouble itself to print money to mop
up these bonds?
These
bonds were recklessly created to make money and bought by investors in search
of yield or returns and so the Fed is bailing out the rich who bought these
bonds and assuming the debts that may have to be written off on behalf of the
majority.
IF THE
FED IS PRINTING MONEY TO MOP UP NON PERFORMING BONDS THEN IT IS MISLEADING TO
CALL IT QUANTITATIVE EASING BUT IT IS A FORM OF BAILOUT OF RECKLESS RICH
BONDHOLDERS AT THE EXPENSE OF THE MAJORITY.
Buffett: Bernanke Is Right,
But Inequality Worsens
He is
deluded and generating dangerous, fatal conflict in himself and others. If
Bernanke is truly right then inequality (he means favouritism) cannot worsen.
Bernanke is wrong and he is criminally bailing out greedy investors who bought
bonds that have now ‘tanked’ in the misguided effort to prevent systemic
meltdown.
WHATEVER
IS RIGHT DOES NOT HURT ANYONE EXCEPT THOSE WHO ARE GUILTY, DESERVE TO BE HURT.
IT IS ONLY WHAT IS WRONG THAT CAN HURT THOSE WHO ARE INNOCENT.
Let the rich eat their bonds:
It is
always wrong to print money you do not have to assume assets that may be
worthless in order to bail out rich bond holders who should realize they risk
losing their money lending it to others and the Fed is doing so out of fear (a
blind emotion not reason) of systemic collapse.
The
culprits are the reckless wicked bankers who fashioned those bonds and the
investors with much ill gotten money seeking for returns and once these
bondholders have been let off the hook, they take their money and go to the
developing world to lend their money, assured that derivatives (credit default
swaps) on their loans means it is covered, they have nothing to lose (only
everything to gain).
Maybe the
reason the Fed decided not to taper is because there is still a lot of toxic
bonds that few would buy and they have to keep accepting the shit on behalf of
the people in a misguided attempt to save the system.
PEOPLE
ALL OVER THE WORLD THINK THEY ARE CITIZENS WITH DEMOCRATIC RIGHTS BUT THEY ARE
PROSTITUTES AND THE POLITICIANS AND THE RICH ARE THE PIMPS WHO CAN DO WHAT THEY
LIKE AND DISPOSE OF THE PROSTITUTES AS AND WHEN THEY LIKE, THEY EAT THE BEST
AND PASS THE SHIT TO THE PROSTITUTES AND THEY HAVE THE SYSTEM CORNERED SO THAT
THEY ALWAYS REMAIN IN POWER AND CONTROL. TONY BLAIR (AND CLINTON) MADE A LOT OF
MONEY AND BENEFITED THEIR CRONIES AND ALTHOUGH POWER CHANGES HANDS AND PEOPLE
DROP OUT OR RISE INTO THE UPPER CRUST, THE UPPER CRUST REMAINS EXCLUSIVE AND
SEPARATED FROM THE REST, THE PROSTITUTES, SUCH IS THE REALM OF THE GOATS.
You call
what the US Fed is doing ‘stimulus’? If there is any stimulus, it is
stimulating the rich not the masses.
DO YOU
CALL THE US FED’S MASSIVE BUYING OF NON PERFORMING BONDS ISSUED BY THE MARKET
STIMULUS? IF IT IS STIMULUS, IS IT STIMULATING THE MASSES OR THE RICH
BONDHOLDERS?
Restlessness is a suffering and dangerous:
Restlessness is about a person being unable to sit still and needing to
do or say something and it is always suffering (never happiness) and dangerous.
The reason a person is restless is because his mental force keeps
stirring and he has a mental reservoir of recorded actions that the stirred
mental force wants to seize and activate. This is always suffering because
whatever the stirred mental force is always suffering and whatever is suffering
must be resisted or controlled and it is dangerous in that whatever actions
driven by restlessness is driven by blind force and may be inappropriate and
potentially fatal and further whatever is subject to control is subject to loss
of control when it becomes too severe or irresistible to control.
The cause of restlessness is the activation of mental force to do or say
things that are false or for show. Thus if you keep prolonging your syllables,
changing speed and loudness that have no true meaning but is for show, to stir
mental force in others then if you keep stretching syllables, changing speed
and loudness, in time your mental force will stir on its own without need for
reason or purpose and that is the cause of restlessness.
THERE IS SUCH A THING CALLED RESTLESSNESS AND IT IS A FORM OF SUFFERING IN
ITS OWN RIGHT DISCRETE FROM STRESS, PAIN, INABILITY TO CONCENTRATE AND REHASHING.
INSOMNIA IS A FORM OF RESTLESSNESS WHEN A PERSON’S MENTAL ACTIVITY
CANNOT STOP SO THAT HIS CONSCIOUSNESS CANNOT SWITCH OFF.
What
is suffering?
Suffering is always unpleasant even terrible, even if you are the most
stubborn and inveterate goat.
There are many different forms of suffering that can occur individually
or in concert to make life hell for a person.
There is physical and mental pain that can be sharp or dull and this
always suffering.
The Buddha said birth is suffering, aging or degeneration is suffering
and death is suffering, never painless or happy as it is made out to be.
Stress or the pain caused by self resistance in the activities of the
person is suffering.
Restlessness or the random helpless stirring of mental force to then
want to do or say something by rehash from the person’s mental jukebox is
suffering.
Distraction or the inability of a person’s mind to concentrate or focus
too is suffering. The simultaneous substance and style combo divides a person’s
mind four ways not two ways (between pronouncing the syllable, prolonging,
changing speed and changing loudness) and so style hopelessly scatters the
concentration of the fool.
To rehash too is a form of suffering because you are ceding control of
yourself to what your mental jukebox dictates you say or do. The rehashing
person is not at liberty to say or do anything, he can only say or do what is
recorded and rehashed from his mental jukebox and he is a prisoner and that is
always suffering never happiness.
Thinking is suffering because it is not necessary and requires the use
of force. It is not thinking but insight or the ability to see the answer
mentally that provides answers to problems.
To stir one’s mental force to like and dislike, to stir one’s mental
force to be emotional (sad, hurt, agitated, fearful) too are suffering, never
the happiness it is made out to be.
Pleasure too is suffering because it is contact to mild force that is
the source of pleasure and that contact in time become pain.
Madness
and dementia too are suffering:
These two are related to degeneration and aging.
It is because the person’s actions are rehashed, in response to cues
never true or genuine that with situational inebriation or aging the person
loses control to do or say things madly that is inappropriate and potentially
fatal.
It is because of lifelong rehashing that wears down the memory
(recording and playback systems) that a person is confronted with the
devastation of dementia when he cannot do or say even simple things he has done
many times before.
Anyone
who rehashes is heading for disaster, insanity:
For one who sees correctly, as it actually is, this is a world of
rehashers, robots and they are all heading for insanity and that is not the
path to heaven and eternal life.
Because they are all robots, unless they are born again to become real
people instead of rehashing robots, they cannot go to heaven and that means
eternal punishment.
WHETHER THE PERSON SPEAKING TO YOU IS REHASHING OR NOT IS OBJECTIVE, NOT
SUBJECT TO DISPUTE AND IF HE IS REHASHING AND YOU THINK IT IS GENUINE THEN YOU
ARE DELUDED AND DELUSION IS ONE OF THREE FETTERS TO THE LOWER REALMS AND THAT
IS NEVER HEAVEN.
This is typical of robo-speak that goes amiss to people who are
undiscerning.
‘As iphone 5s goes on sale’ has nothing to do with the matter, it is
coincidental and should not be mentioned in the same breath as shortages looming.
THE TRUTH OR SUBSTANCE OF THE MATTER THE PERSON WANTS TO SAY IS THAT
THERE IS A LOOMING SHORTAGE OF 5S. ‘AS IPHONE 5S GOES ON SALE’ IS BESIDES THE
POINT, NOTHING TO DO WITH THE MATTER AT HAND AND SHOULD NOT BE MENTIONED
TOGETHER THAT REFLECTS MUDDLED SPEAKING THAT IS ALWAYS PROGRAMMED, TO MAKE MORE
THAN THERE IS IN A MATTER.
I
was correct about QE:
Quote: "As a practitioner of
markets, I love this stuff,” said Stanley Druckenmiller. “This stuff is
fantastic for every rich person. It’s (QE) the biggest distribution of wealth
from the poor and the middle classes to the rich ever.”
The rich gambled their money investing in bonds in mortgage or whatever
and would have lost ‘even their shirts’ but the Fed comes in to be their
saviour to take those worthless bonds off their hands and assume the debts on
behalf of the system not because the system is rich with plenty of savings but
it is also bankrupt and is printing money heroically that dilutes the existing
wealth of the majority.
Bernanke flunked it – and
we will all suffer
"As a practitioner of markets, I love this
stuff,” said Stanley Druckenmiller. “This stuff is fantastic for every rich
person. It’s the biggest distribution of wealth from the poor and the middle
classes to the rich ever.”
Druckenmiller
is among Wall Street’s most fabled investors. He started Duquesne Capital in
the early 1980s and then teamed up with George Soros, running the legendary
Quantum Fund. Together they made billions of dollars by “breaking the Bank of
England”, shorting the pound in massive volumes and forcing sterling out of the
Exchange Rate Mechanism. That was in 1992.
The
quotation above is more recent. Druckenmiller said these words on CNBC
television last Thursday and the “stuff” was quantitative easing. While extremely
critical of America’s $85bn-a-month money-printing habit, Druckenmiller is at
least decent enough to acknowledge that, as a wealthy chap with a bucket-load
of equities, the Federal Reserve’s asset-buying programme has made him even
richer.
Druckenmiller
refers to QE as “dope”. He pans the Fed’s prolonged use of “extraordinary
measures” and the impact on ordinary savers. He also describes the recent
efforts of the Fed chairman, Ben Bernanke, to engineer a smooth QE exit as
nothing short of “a fiasco”. As a retired plutocrat, rich enough to be almost
untouchable, Druckenmiller’s language may be more colourful than most. But his
criticisms are increasingly widely held.
Last
Thursday, contrary to nearly all expectations, Bernanke
announced that now was not the time to start reducing, or “tapering”, the rate
at which the US central bank buys bonds under QE.
Financial
markets were dumbfounded. Since May, Bernanke has been heavily hinting that QE
could soon end, or at least begin to end. Investors had taken him and his
tapering overtures seriously. As a result, the US Treasury yield has risen
sharply over the past few months, doubling to almost 3pc.
So, the
fact that tapering would soon begin, with the Fed slowing down its rate of
funny-money expansion, was already baked into the market. That’s hardly
surprising, given the constant parade of policymakers and former policymakers
who have lately been saying that now is the time to act. Yet, when it came to
it, Bernanke confounded the very expectations that he himself did more than
anyone to create.
On this
news, of course, global equities rallied. The pound and the euro also benefited
as the dollar fell on the expectation that US money-printing would now continue
at its current rate for longer than expected.
Pretty
soon, though, the head-scratching began. Why did the Fed create expectations
only to deny them, investors wondered aloud. Does the central bank know bad
things about the US economy that aren’t yet public? Is it really wise to keep
printing money willy-nilly and can this rally go on forever? Is the Fed now
panicking – and should we be panicking, too?
In trying
to explain this “no tapering” decision, Bernanke ended up sowing further seeds
of confusion. It’s true that the US recovery remains sluggish. Employment is
rising slower than expected as the economy struggles to gain momentum. Having
said that, America’s main stock index, up some 120pc since QE began in early
2009, is close to an all-time high. Is there really a need to pump up the
markets even more?
Also,
given that growth remains pretty anaemic after almost five years of QE, even
the most craven bank-financed analysts are now asking whether the policy is
doing any good, beyond the short-term interests of the equity market. This
column has argued, since the earliest days of QE, that the benefits in terms of
jobs and growth would be minimal.
I wasn’t
the first – far from it. After all, John Maynard Keynes remarked in a letter to
President Roosevelt in 1933: “To think output and income can be raised by
increasing the quantity of money is rather like trying to get fat by buying a
larger belt.”
This is a
truth that even the most consensual of economic thinkers are now starting to
acknowledge – despite the powerful nexus of myopic financial and government
interests that want QE to go on forever, just as long as this incredibly risky
policy doesn’t backfire before they’ve sold or on their political watch.
Perhaps
the strangest part of Bernanke’s remarks last week was that tapering didn’t
happen due to the “rapid tightening” of financial conditions caused by the
Fed’s attempts “to provide more guidance on how the pace of purchases might be
adjusted over time”. In other words, the Fed didn’t move on tapering because
Treasury yields have recently risen as a direct result of the Fed deliberately
indicating that it would soon be moving on tapering.Confused? I don’t blame
you. It wasn’t long ago, after all, that Bernanke said rising yields were
helping to take some “speculative excess” out of the US economy.
Now the
fall in government debt prices is being used as a justification to carry on
increasing the Fed’s balance sheet in order to prop them up – and Treasury
prices certainly spiked, with yields plunging on the “no taper” news.
At the
very least, Bernanke looks as if he “bottled it” – and/or was sat on by his
political masters. Perhaps the loss of nerve went all the way up to the White House?
After
all, we’re in “debt ceiling” season, with Democrats and Republicans now once
again indulging in their annual game of buck-passing and posturing. Are we in
for yet another round of political gridlock, as Washington plays chicken over
the prospect of a US default? Maybe President Barack Obama sees that happening
– so took a tapering “rain check”.
Many
investors are tiring of these political games. “Stop the talking and just get
on with it,” is a refrain I’m increasingly starting to hear. Some experienced
hands are now openly calling for a modern-day Paul Volcker, the no-nonsense Fed
Chairman who squeezed inflation out of the US economy during the 1980s.
Instead,
while it’s good news that Larry Summers bowed out of the race to replace
Bernanke last week, we’re now left with the default option of Fed deputy Janet
Yellen, who makes uber-dovish Bernanke look like a hawk. Hardly inspiring.
While
there was some justification for a rapid liquidity expansion in the immediate
aftermath of the sub-prime collapse, both here in the UK and the US, this
policy long ago turned from crash mat into comfort blanket.
QE pumps
up oil prices, hiking our fuel costs. It punishes savers, robbing them of
returns. It’s causing trade disputes, as we debase our currencies and the debts
we owe the emerging giants of the East. Yet, the West is addicted to QE – and
nothing illustrates that better than the Fed’s failure last week, despite
months of preparation, to take the first steps on the road to normality.
Interest
rates on both sides of the Atlantic will now stay lower, for longer, we’re
told. Maybe that’s true.
Or maybe,
when QE does end, and the party is over, the hangover will be even worse. “This
is a tragedy,” said Druckenmiller, of the Fed’s refusal to light the tapering
touchpaper. “They blew it, and this will make life so much harder when we do
actually start this process.”
The word
“taper” can also be used to describe the wick on a candle or the fuse of a
bomb. Will the Fed’s communication tactics be a source of guidance or set off a
financial explosion? That crucial question, once the preserve of alarmists and
cranks, has now moved centre-stage.
Uncertainty is the (force dictated) condition of the false or deluded
mind and there is certainty far greater than deluded mind can imagine possible
and so the person who says there is no certainty is guilty of falsity with karma
attached.
There is certainty and it is far more extensive that deluded men can
imagine.
Jesus told Peter than he will deny him three times before the cock crows
and he told Peter how he will meet his end being crucified.
Jesus spoke in length how he would be crucified and it happened not
because it was orchestrated by God but the future can be seen in advance in a
way unimaginable to delusion shrouded minds.
Again Jesus spoke about the close of the Age and this may not be
orchestrated by God but the future may be foretold to a far greater degree than
robots who are all rehashing or repeating themselves ad nauseam can imagine.
ANYONE WHO SAYS THERE IS NO CERTAINTY IS GUILTY OF FALSITY AND DELUSION
BECAUSE THERE IS CERTAINTY AND IT IS FAR IN EXCESS OF WHAT DELUDED MEN CONCEDE
IS POSSIBLE.
Curbing diabetes is not a valid but indiscriminate false reason to cut
sugar subsidy, it is an excuse and if you do not know what to make of it, you
must stir resistance that leads to stress and conditions you to resistance.
Even after you cut the sugar still many will over consume sugar just as
they consume alcohol.
You are not entitled to say as you wish or say in jest because if what
you say is false, does not work you are courting insanity that you do not
realize is awaiting you.
CURBING DIABETES IS A FOOLISH REASON FOR CUTTING SUBSIDY BUT BECAUSE YOU
SEE NOTHING WRONG, SEE IT CORRECT YOU ARE HEADING FOR INSANITY. SUGAR IS NOT
THE ONLY CAUSE OF DIABETES.
The matter is not whether Anwar knew about the illegal issue but whether
he was responsible or directed it, if he had intervened, objected it may have
been political suicide on his part.
What is your motive in saying Anwar knew about it?
If it is to speak the truth then that Anwar knew about it is irrelevant
to the issue of who allowed the illegals to be made citizens for the sake of
toppling the state government. If your purpose is to deflect blame then you do
not mean what you say with karma attached and just because Anwar knew about it
does not mean he is responsible.
THE MATTER IS NOT ABOUT WHETHER ANWAR KNEW ABOUT IT BUT WHO DID WRONG
AND IF YOU IMPLY ANWAR WAS ALSO GUILTY THEN YOU HAVE FALSE PERCEPTION THAT
KNOWING IS THE SAME AS DOING.
God
also knew about it:
God also knew about it and God did nothing to stop it so do you mean God
too is complicit like Anwar? And so it is a silly statement and the fact that
you think nothing wrong, think it is relevant reflects false perception that ends
in mad perception.
Not that it is possible there be no challengers in this world of goats
but challenges are never good for any body or group because it means there is
disunity, division and friction within the body and so that is not said in
truth but in falsity to hide her disappointment in being challenged that must
stir conflict in her mind that is courting insanity and hurt that will grow
like a monster to devastate the fool who denies the truth. If you are hurt or
don’t like do not pretend you are not hurt or you like it, it leads to future
agony.
There are pros only if you are greedy, if you are not greedy and
contented with your lot, live within your means there are no pros and all cons
of a regional currency which may run into disputes and may hamstring your
options.
MANY LIKE TO DELVE INTO THE PROS AND CONS OF THIS AND THAT; IT IS A FORM
OF PROGRAMMING AND REFLECTS CALCULATEDNESS THAT IS THE WAY TO WOE NOT
HAPPINESS. THE PROS ARE MATERIAL NEVER SPIRITUAL OR HAPPY BENEFITS OF A
REGIONAL CURRENCY THAT ARE ACTUALLY ALSO CONS, BIND YOU TO THIS WORLD AND
SUFFERING AND SO IT IS ALL CONS NO PROS AND YOU ARE A FOOL AND DELUDED
CALCULATING YOUR WAY TO TORMENT.
Whatever
is truly good has no cons, only pros:
Whatever is truly good has no cons, only pros.
Whatever is false never have any pros, only cons.
Thus the absence of style has only pros no cons, it is release from
stress, restlessness, inability to concentrate, the prison of robotic rehash
that leads to destruction of the memory system and dementia and mad
inappropriate robotic actions and speech.
Style never has any pros, it is all con, con, con, stress, restlessness,
distraction, slavery, dementia and mad robotic actions.
IT MAY BE TRUE EVERYTHING HAS PROS AND CONS OR YOU HAVE WRONG
UNDERSTANDING, YOU ARE DELUDED BECAUSE WHATEVER IS TRULY GOOD (EG HEAVEN) HAS
NO CONS ONLY PROS, WHATEVER IS BAD (EG HELL) HAS NO PROS ONLY CONS.
Does
Muslim Malaysia want to marry Thailand?
Does and can Muslim Malaysia marry Buddhist Thailand? Unless you want to
remove borders and have a common central bank it is crazy to have a regional
currency.
The reason people want a regional currency is greed for economic
benefits, they think it is gain-gain for everyone but it is delusion and
fraught with unforeseen difficulties as happened in the euro.
WHEN THE CROOKS OR POLITICIANS ARE SIPHONING MONEY FROM YOU, THEY TELL
YOU WHAT THEY DO IS WIN-WIN, FOR YOU AND FOR THEM WHEN IT IS FOR THEM THAT IS
TRUE.
Thought
versus insight:
The process involved in deliberating the pros and cons of a regional
currency is thought (never insight) and it is always false, delusional and
suffering. Whatever pros and cons a person comes up with is a result of thought
not insight.
That whatever is true and good has no pros and whatever is evil or false
has no pros and so whatever has pros and cons is not true or good but the pros
are also cons is a product of insight not thought.
ANYONE WHO THINKS THOUGHT IS AN INDISPENSABLE TOOL ARE ARRIVING AT
ANSWERS OR THE TRUTH IS DELUDED, THOUGHT IS SUFFERING AND FALSE, JUGGLING
AROUND WITH PROGRAMMINGS IN THE MIND, IT IS INSIGHT, MENTALLY SEEING INTO THE
NATURE OF A PROBLEM OR MATTER THAT IS DISTINCT FROM THOUGHT THAT DELIVERS TRUE
KNOWLEDGE.
People speak of the good, bad and ugly of somebody and that is
delusional, a product of thinking not insight. If something is true it has no
bad and is never ugly. As the Buddha said, the holy life is entirely friendship
with the beautiful and whatever is true and good is always beautiful never
ugly, only what is evil is ugly. Demons are ugly, angels are never ugly and
according to the Buddha, angels in heaven far surpass the beauty of earthly
maidens.
Syrian
'chemical weapons' videos come under scrutiny
Only deluded people would pose that question to others with karma
attached. You never encourage others to believe, to accept without knowing
others propose.
In this matter, if you wanted to determine who is telling the truth (and
there is no reason to decide, only interest or attraction), you examine either
sides’ stories and you examine facts available and if you have discernment you
will realize it is preposterous the rebels will gas themselves for publicity
gains.
YOU NEVER HAVE TO BELIEVE ANYONE AND IT IS DANGEROUSLY LAPSING INTO
FALSITY TO BELIEVE. OFTEN IF NOT ALWAYS, IF YOU HAVE TRUE UNDERSTANDING THERE
IS SUFFICIENT INFORMATION TO DETERMINE THE TRUTH, WHO IS TELLING LIES AND WHO
IS TELLING THE TRUTH.
US house
prices rose 12.4% over the 12 months to the end of July, the biggest annual
rise since February 2006, according to a closely-watched measure.
Just as London property prices is booming as a result of global rich
people’s interest in snapping up London property whilst the rest of the country
is languishing, such news may not reflect a true property recovery but it may
even be stage managed by vulture funds (flushed with freshly printed money as a
result of the Fed bailing out rich bondholders) who snap up targeted (perhaps
upmarket properties) properties that will push up indices and hope to create a
momentum luring in suckers for them to offload for profit or flip properties.
WITH THE FED MASSIVELY BAILING OUT BONDHOLDERS, THE MARKETS MAY BE
FLUSHED WITH MONEY LOOKING FOR RETURNS AND THESE MAY TARGET SELECTED DISTRESSED
ASSETS, PUSH THEIR PRICES UP IN THE HOPE OF LURING IN SUCKERS TO OFFLOAD TO.
THIS IS A TREACHEROUS WORLD, FAR MORE DEVILISH
THAN GULLIBLE PEOPLE CONCEDE AND AFTER BEING BAILED OUT, RICH PEOPLE FLUSHED
WITH MONEY MAY BE USING THE MONEY TO FURTHER PLUNDER THE MAJORITY.
People boast about their entrepreneurship, how they started very young
and the deluded are suitably impressed when it is nothing to shout about.
Essentially he has been doing the same thing since he was 5, he is
acknowledging he is a rehashing robot who has been doing the same thing and
getting better all these years.
THERE IS NOTHING TO CROW ABOUT BOASTING THAT YOU STARTED SELLING AT 5,
IT MEANS YOU ARE MINDLESS ROBOT WHO HAS BEEN DOING THE SAME, SELLING, WHEELING
AND DEALING, PERHAPS BETTER SINCE THEN.
House
prices up but what about volume?
When trading volumes are thin, it may be easy for manipulators to push
up prices and so even if US house prices are rising, if the volume is low it is
not going to sustain recovery.
ALTHOUGH PRICES MAY HAVE RISEN ‘HANDSOMELY’, IF VOLUMES ARE THIN IT IS
NOT GOING TO HARK THE HALCYON DAYS OF THE PAST.
For
recovery, volume is much more important than price rises:
Whilst surging volumes may indicate exuberance rather than substance,
the volume of transactions is much more important than price rises, big price
rises in a paucity of volume may be a flash in the pan whilst greatly increased
volume with mild price rises may better indicate recovery.
You
need to see never think:
In order to escape suffering and behave correctly you need to see never
thinking.
If you see things correctly as they actually are you will understand
correctly and the correct action or speech is then obvious (there is nothing
sophisticated about existence here that requires complex thinking to respond).
Thinking is not only unnecessary, it is a distraction, a diversion and it is
suffering and can only churn up a rehashed, repackaged wrong answer that is at
best an approximate standardized solution.
EXACTLY WHAT IS THE MOTIVE OF THE OTHER PERSON IN WHAT HE SAYS OR DOES
CAN BE KNOWN, SEEN BY THOSE WHO ARE DISCERNING AND KNOWING HIS INTENTIONS THE
CORRECT ACTIONS (EG AVOIDANCE, NON ACCEPTANCE) IS OBVIOUS. IF YOU DO NOT SEE
AND THUS UNDERSTAND HIS TRUE INTENTIONS THEN YOU MAY CONSULT YOUR THINKING EVEN
REPEATEDLY BUT YOU WILL NEVER COME UP WITH THE CORRECT RESPONSE, AT BEST YOU
ARE SUSPICIOUS, UNSURE OF HIS MOTIVES.
EVEN IN RAPIDLY CHANGING CIRCUMSTANCES LIKE THE RECKLESS ACTIONS OF
ANOTHER DRIVER, EXACTLY WHAT IS HAPPENING CAN BE SEEN AND THUS CORRECTLY SEEN
(THAT HAS NOTHING TO DO WITH THINKING), THE CORRECT EVASIVE ACTION CAN BE
SWIFTLY INSTITUTED.
ALL THINKING IS SUFFERING, UNNECESSARY, EVIL, FALSE AND DETRACTS FROM
THE SITUATION AND THE WISE PERSON WHO HAS DESTROYED THINKING HAS A HAPPY FULLY
SEEING AND UNDERSTANDING EXISTENCE HERE AND HE IS HEADED FOR EVEN 2 ETERNITIES
IN HEAVEN. THE BUDDHA SAID THE MAN WHO HAS ACCOMPLISHED NO THINKING, WHO
RESIDES MUCH IN NO THINKING, WHO IS AN EXPERT IN ATTAINING NO THINKING IS
HEADED FOR 2 ETERNITIES IN HEAVEN.
IF YOU THINK THINKING IS ESSENTIAL, INDISPENSABLE, IS NEEDED TO COMPOSE
A WISE SOLUTION TO A PROBLEM YOU ARE DELUDED, DO NOT SEE THINGS AS THEY
ACTUALLY ARE AND THAT IS A RECIPE FOR SUFFERING HERE AND THEREAFTER.
This is a BBC headline and it reflects muddled, dishevelled thinking to
call it a clue hunt when it is an investigation.
Their minds distracted, people hastily grab whatever words that comes
into their minds and they see nothing wrong, think they are speaking
appropriately to call it a clue hunt when it is an investigation.
This is an awkward way of saying ‘pilotless F-16’ and it is not without
consequences because it is conditioning to suffering and leads to suffering.
REFLECTING ORDINARY PEOPLE ARE BEFUDDLED ROBOTS, THEY ARE HAPHAZARD IN
THEIR UNDERSTANDING AND THUS DESCRIPTION OF THINGS. THE COCKPIT MAY NOT BE
EMPTY IF THERE IS A ROBOT THERE CONTROLLING THINGS. IT TOOK OFF WITHOUT ANY
PILOTS.
'Afternoon naps' aid
children's learning
This is always a view not a fact, what is the point of telling others
that if they are not going to store it in their minds and act upon it?
You take a nap because you are tired, not because it is afternoon or to
aid learning and because you think it is efficacious when it is an opinion, you
are courting insanity.
YOU TAKE A NAP BECAUSE YOU NEED ONE, NOT BECAUSE IT IS AFTERNOON, MUCH
LESS TO BOOST LEARNING UNLESS YOU ARE RITUALISTIC ROBOT COURTING INSANITY
CLUTTERING YOUR MIND WITH USELESS PROGRAMS LIKE TAKE NAPS IN THE AFTERNOON TO
BOOST LEARNING.
By
learning is meant programming:
When a person says afternoon naps aid children’s learning they are
referring to programming which is actually evil and harmful to the child. A
child does not need to learn if it is not programming that it is interested in
acquiring because true understanding does not require recording or memory but
you see accurately as it actually is and thus understand.
BY LEARNING IS MEANT RECORDING OR PROGRAMMING AND ALL PROGRAMMING IS
EVIL, BAD NOT GOOD AND IT REFLECTS DELUSION OF HUMANS THAT THEY SEEK TO PROGRAM
THEIR OFFSPRINGS EG TO PLAY THE PIANO OR DANCE BALLET AND SO EVEN IF AFTERNOON
NAPS BOOST LEARNING, IT IS BOOSTING WHAT IS BAD, MEMORY OR PROGRAMMING TO BE A
GOOD ROBOT.
Afternoon
naps are a ritual:
There are no true reasons why a person should have an afternoon nap and
the only way he can consistently have afternoon naps is that it has become a
ritual, he is addicted to it.
ORDINARY PEOPLE HAVE HABITS AND THESE ARE FORMS OF RITUALIZED BEHAVIOUR
AND FAITH IN RITUALS AND RULES ARE A FETTER TO FUTURE WOE, DECLARED THE BUDDHA.
This is the empty babble of a deluded man.
Winning too is bad unless it is winning a place in heaven or escape from
suffering or conquering death. Losing is always bad and you are asking for
suffering to tell others it is good for them.
IN ORDER TO LOSE YOU MUST BE PARTY TO COMPETITION AND THAT IS ABOUT
FIGHTING AND WHOEVER FIGHTS HAS ALREADY LOST EVEN IF HE WINS BECAUSE FIGHTING
IS SUFFERING, CONDITIONS TO SUFFERING AND LEADS TO FUTURE SUFFERING AND LOSING
IS NEVER GOOD FOR ANYONE AND YOU ARE GUILTY OF MISLEADING OTHERS.
THE PERSON WHO HAS ABANDONED EVERYTHING IS NOT INVOLVED IN COMPETITION
AND SO LOSING DOES NOT APPLY TO HIM AND IT IS NEVER A CASE OF LOSING IS GOOD
FOR HIM WHEN HE IS NOT EVEN PARTY TO COMPETITION.
IF YOU DO NOT KNOW WHAT TO MAKE OF THE STATEMENT, YOU THINK HE MAY HAVE
A CASE YOU DO NOT TRULY UNDERSTAND AND MUST STIR RESISTANCE THAT LEADS TO
STRESS.
Winning
is bad for you:
I say winning is bad for you. Why is that?
The Buddha said whoever makes an acquisition in this world (and that
means winning) is heading for suffering and so winning is bad for you (which
does not mean losing is good for you).
WINNING (ACQUIRING) IS BAD FOR YOU SAYS THE BUDDHA BUT THAT DOES NOT
MEAN LOSING IS GOOD FOR YOU.
If what you say or do is true and you mean it, it is not to be popular,
not to pander to others, if what you say or do is to be popular, it is never
true or meant except in your delusion it can also be meant or true and whatever
is not truly meant is bad never good and so there is never good and bad
populism. The populism you consider is good is actually bad and so all populism
is bad and you are deluded in danger of future suffering.
MARINA MAHATHIR
For a person who is wise and wishes to escape endless suffering and
death, everything is a question of true or false, good or bad (harmful),
meaningful or meaningless, anything else, security or insecurity is a false
consideration that leads to difficulties, suffering.
WHATEVER THE MATTER, IT IS A QUESTION OF TRUE OR FALSE, GOOD OR BAD
(HARMS SELF AND OTHERS), MEANINGFUL OR MEANINGLESS, NOTHING ELSE MATTERS.
SECURITY AND INSECURITY IS A MISGUUIDED CONSIDERATION THAT HAS SERIOUS
CONSEQUENCES.
Sex
is false, bad and meaningless:
Much as you crave sex, there is only one true nature of sex and it is
that sex is false (differences between sexes are relative than genuine), bad
(harmful to self and others, is suffering afterwards and lead to endless
suffering later said the Buddha) and it is meaningless (ritualistic thrusting
accompanied by stirred emotion or lust).
SEX IS BAD ACCORDING TO THE BUDDHA, HE NEVER PRAISED SEX AND YOU
DISAGREE BUT THAT DOES NOT MEAN YOU ARE CORRECT.
True
and false uses of memory:
To remember to take your umbrella or iPad when you leave a premise is a
true or good use of memory, to remember what you want to say or do and then
reproduce it from memory even repeatedly with stereotyped accuracy is a wrong
abuse of memory that wears down your memory system and leads to dementia.
Without
truth there can be no security:
Without truth and thus goodness, there can be no security (and you are
headed even for eternal suffering and death) and whatever security without
truth is in vain, delusional and so anyone who says it is a matter of security
and insecurity is barking up the wrong tree, get your truth and goodness right
and security is assured, without truth and goodness you are deluded, mad to
talk about security.
A PERSON WHO ABIDES IN TRUTH AND GOODNESS IS AUTOMATICALLY SECURE AND IT
IS MAD TO SPEAK ABOUT A QUESTION OF SECURITY AND INSECURITY, A PERSON WHO DOES
NOT ABIDE IN TRUTH AND GOODNESS IS NEVER SECURE AND IT IS DELUSIONAL FOR HIM TO
THINK HE CAN EVER FIND SECURITY.
