Muso Musings: Fatherhood, Theory & Stuff
"T'is hard the kinds of Knowledge are but two,
The One erroneous, the Other true.
The former profits nothing when 'tis gain'd,
The other's difficult to be attain'd."
Abu Jaaphar Ebn Tophail's
To the LIFE of
Hai Ebn Yokdhan.
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Spivs are going to steal your House.
Notes and Sketches, More thinking out loud on the Internet.
Nationwide issues first benchmark
sterling covered bond JAN 2011
JORDAN BELFORT, : I party like a rock star and I live like a king. I live to tell about it, barely.
BOUDREAU (voice-over): He calls himself the wolf of Wall Street, Jordan Belfort, a self-proclaimed master of the universe, living what he calls the life.
BELFORT: Wall Street is all about the money. Servants at your houses, parties where there is Dom Perignon flowing, helicopters landing on the heli-pad, pigs roasting on a spit outside, with a live band playing reggae music on the beach, dancing girls, jugglers, clowns. The whole thing, the life.
UNIDENTIFIED FEMALE: Jordan Belfort, this is your life.
BOUDREAU: A lifestyle hard to imagine for most. This is home video taken during one of Belfort's lavish vacations, a get away on his 167-foot yacht, named after his wife, Nadine, a former beer commercial model.
BELFORT: I started going hog wild. To me, it was like monopoly money. It's like anything you want, you can buy.
BOUDREAU: He said he paid 2.5 million dollars for an estate on Long Island and 5.5 million dollars for a mansion in the Hamptons.
UNIDENTIFIED FEMALE: What a great life, huh?
BOUDREAU: His net worth rose to 100 million dollars. That was in the '90s, when he was one of the kings of Wall Street, become chairman of a brokerage firm called Straton Ulchmat (ph) in Long Island, making, he said, a million dollars a week. He says he lived his life as if he were a character in a movie. Even in private, he played the role of his most envied characters, not wanting to disappoint what he calls his invisible audience.
DOUGLAS: Greed works.
BOUDREAU: Identifying with Gordon Gekko from the movie "Wall Street."
James Vaughn • Roger, the middle 1800's were a great time for social-political-economic thought. If it wasn't for the lack of proper sanitation, I might have enjoyed living then. I lament that we, as a society, seem to have lost the sense of social discussion that was so a part of the world between 1860 and 1960. The 21st Century begins to look like a world populated mostly by conmen and accountants.
Roger Lewis • "James Vaughn • There is a fine line between capitalizing on a trend and being consistently late to the market. Financially Engineering consistent and above average business success is far more complex than rocket science."
James I agree with you it is no more complicated than very good luck or Fraud, take your pick the laws of chance preclude the former so it is usually the latter and this from John Rankin, Unto this Last 1860, Critique of Classical Political Economy.
Pardon me. Men of business do indeed know how they themselves
made their money, or how, on occasion, they lost it. Playing a
long-practised game, they are familiar with the chances of its
cards, and can rightly explain their losses and gains. But they
neither know who keeps the bank of the gambling-house, nor what
other games may be played with the same cards, nor what other
losses and gains, far away among the dark streets, are
essentially, though invisibly, dependent on theirs in the lighted
rooms. They have learned a few, and only a few, of the laws of
mercantile economy; but not one of those of political economy.
"The 21st Century begins to look like a world populated mostly by conmen and accountants."
James add in Lawyers and Bankers and you have a description of The Corporate Oligopoly and Middle Ground two party politics, That is the Lot of the people at the Beginning of the 21st Century.
We have the Potential to mark the beginning of the 21st Century with a New Renaissance
or we could mark it with a descent into a Carbon Taxing Dark ages.
The Internet might just be the means to a world in which Wealth really is "The Possession of the Valuable by the Valiant" in the sense and context in which Ruskin developed it.
the quo plurinum possett for money as a means of exchange can not be realised where it is adulterated to the modern extent, no touchstone of economics can accept that the current tyranny is widely beneficial , indeed it is most unwise.
On Human and entrpreneurial ingenuity I agree with the original premise in this article move forward innovate and improve as Keynes said "if the facts change then so do my opinion"
Our Men Turin and Godel Gave us two great gifts we are only now slowly realising the profundity of.
The Computer is a very good way of keeping score and Money is no more than that and Stuff is made up of bits. And Godel gave us infinity, it drove him mad but should make all of us more humble.
Another of the 21st Century Pamphlateers. Reading the comments Toby who writes Econosophy and other musings recounts talking to Parents of his daughter about the Leisure economy and Guaranteed Income I would call it something like the Social Dividend or Commons Dividend and it could be Spun as Churchills Net across the Abyss that no one is free to fall below. Anyway raising these questions on hbow things are done is so much like the Empreors New clothes Follow the link for a translation of the original.
So off went the Emperor in procession under his splendid canopy. Everyone in the streets and the windows said, "Oh, how fine are the Emperor's new clothes! Don't they fit him to perfection? And see his long train!" Nobody would confess that he couldn't see anything, for that would prove him either unfit for his position, or a fool. No costume the Emperor had worn before was ever such a…
I clear out the History Cache on my computer fairly regularly my machine runs better with a good amount of free hard disc space as does everyone's it occurred to me today that it would be fun just to blog the review of some of the subjects I had begun my researches on Wikipedia no statistical analysis but just a cut and past to mull over at leisure. A kind of revision for pure intellectual curiosity.
My Main areas of concern in 2001 have been The Uk Property Market, UK property Law particularly the law related to fixed charge recievership and defaults/ non repayment on demand at expiry of agreements, Renewable energy, Sustainability and environmental issues. I am a Carbon Taxing skeptic but devout Tree Hugger and tin foil hatter more of a middle rare earth metaller than flat earther.
Anyway heres my notes document headed I have spared the Google searches and numerous books and articles on all of the same subjects but Wikipedia is fantastic particularly the Discussion Pages.
"If you say so? rather a lot of people seem to be getting rather upset about Basle 3 if it really is that simple and perhaps when the fat lady has sung it will become that simple again.
For now I fear the Goose that laid the golden egg is up for the chop.
The Goose with the Golden Eggs
A CERTAIN MAN had the good fortune to possess a Goose that laid him a Golden Egg every day. But dissatisfied with so slow an income, and thinking to seize the whole treasure at once, …
"Punish The Seller?
You are still missing the point the seller is long since out of the equation when it comes to repossessions/foreclosures they release their rights when the contract between the Mortgagor( borrower ) and mortgagee( Bank) is made. Other third parties introduced by the bank without the Mortgagors knowledge are another matter altogether.
AN old Law lecturer once explained that in contract law the 'ee' was he that gets it the exception being mortgage law where the 'ee' was actually the 'Or', I am beginning to think that perhaps the ee's and ors are the right way around after all the Bank seems to get rather more for rather less don't you think?
The UK Government has received a European Commission ultimatum to hand over £20 million within two months or face legal action. The wrangle is over the fact that import tariffs on frozen garlic from outside the EU are lower than the rates for fresh garlic. And, according to the Commission, UK authorities carelessly levied the lower rate applicable to frozen garlic on imports of the fresh product from China, in breach of EU customs rules.
A Commission statement explained: "Between 2005 and 2006, the UK customs authorities allowed imports of fresh garlic from the People's Republic of China under wrong authorising documents. They have erroneously stated that the goods imported were frozen garlic for which significantly lower import duties apply.
THE BROTHERHOOD OF THE GAS RING. QATARI GAS, OR SAUDI HEGENOMY, TRUMP BACKS THE SAUDIS? TANGLED WEB INDEED
Tangled Web, Syria and Gas. Trump meets Egyptian President, that is a rejection of the Moslem Brotherhood, siding against Qatar in Syria and With Saudi broadly and therefore the ISIL Wahabbist and Saud…
Meet the Fuggers or, its the Money Power stupid. Brexit, The Euro and clueless Elites.
The Eastern Roman empire under Justinian saw the seeds of its final fall to The Ottomans when Abd El Melik started paying tribute in Gold coinage under his own Political Branding you might say.
With all the talk of Brexit being the removal of a final obstacle to the deeper federation of a European State transcending tiresome nationalism, perhaps a little review of History, particularly Monetary history, might not be such a bad thing.
In the review of European competences carried out as a consultation by the foreign office regarding Brexit and or reform requirements of the Eu, two of the papers need to be considered in the context of the Money power argument.
The first paper considered is the Subsidiarity and proportionality aspects of the Lisbon treaty and the competences of the EU institutions vis National and regional democratic institutions. This is a trade-off between Centralised Efficiency and …