Saturday, April 9, 2011

I’m going to lose my Pollyanna credentials for this

How are the Japanese nuclear situation, BP oil spill and Wall street 08 crisis related?  The top 1% serves the top 1% and all else is irrelevant to them, says George Washington in Zero Hedge piece with ample quotes by Joseph Stiglitz Nobel laureate.  This quote is typical;

The personal and the political are today in perfect alignment. Virtually all U.S. senators, and most...[House] representatives...are members of the top 1 percent....are kept in office by money from the top 1 percent, and know that if they serve the top 1 percent well they will be rewarded by the top 1 percent when they leave office. By and large, the key executive-branch policymakers on trade and economic policy also come from the top 1 percent. When pharmaceutical companies receive a trillion-dollar gift--through legislation prohibiting the government...from bargaining over price--it should not come as cause for wonder....Given the power of the top 1 percent, this is the way you would expect the system to work.

So, from the view of Basic Goodness, how can this be workable?

When, we, the people, (think Egypt) begin to wake up to our responsibility to be more than sheep   …  once you could have said that that will never happen, but the communication potential of our time if harnessed beyond, “whatever!” could allow for ???  It has been said that Egypt happened due to Facebook. 

In 2 years Zero Hedge is a must read in the financially community and is not your father’s Wall Street Journal and Tyler Durden is still unknown.

Tuesday, February 8, 2011

Lifting of the veils you say?

image

Here is the link

All too often we assume, that apocalypse means destruction as told in the book of Revelation, when, as shown above, both words have to do with veils being lifted and then we see more …

The difference between the two kinds of mystics in the world is that pessimystics see the sky falling and optimystics say it only looks that way because we are ascending.  Thanks to Swami Beyondananda for that one.

Tuesday, January 25, 2011

What next?

… as time goes on, and I experience more as someone trying to communicate “how to meditate”, it has become obvious that there are obstacles on both sides of the communication.  This book boldly and directly approaches that.  Here is a link to the publisher’s page which allows you to browse in the book.

gotta keep up, maybe not, maybe ok

… who knows what’s happening anymore as the “world” shifts from being “real” or a “place” to being a quantum possibility or a new, consensus agreement.  What is making him go on like this? 

Look:

Just Change It

accounting

Are your pesky investors demanding that you beat earnings expectations?  Are those same investors expecting you to make a profit on your real estate portfolio?  Having difficulties in these trying times?  No need to worry friend; if something is hampering your success because of an “outdated” silly notion like honest accounting – just change it.

  • GAAP accounting got you down?  Just change it – use non-GAAP accounting.
  • Non-GAAP accounting got you down?  Just change it – use Pro Forma (aka, make-it-up-as-you-go-along) accounting.
  • Mark-to-market accounting for housing hampering your bonus?  Just change it – get Congress to force FASB to suspend it in favor of “Mark-to-Unicorn” accounting.
  • Going to report a huge EPS loss?  Just change it – turn all recurring losses into “one time charges.”
  • Are you the Chairman of Federal Reserve and worried about the MASSIVE potential losses you may experience by guaranteeing everything on Fraud Street?  Just change it – change the accounting procedure and make the Treasury eat the losses.


In a recent report from Bank of America we read:


Accounting change prevents a Fed “insolvency” scenario


Mounting concerns about Fed “insolvency” post QE2