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Tag Archives: socialism

US economic crisis has its basis in credit, gambling, contingency contracts, unsecured loans and now socialism by corporate banking bailouts

20 Monday Oct 2008

Posted by CricketDiane in Uncategorized

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bailouts, banking, bonds, Capitalism, cash, commercial paper, commodities, contingency contracts, corporate fraud, corruption, credit crunch crisis, credit default swaps, credit derivatives, Cricket Diane C Sparky Phillips, cricketdiane, financial derivatives, fraud, fraudulent business practices, free market economy, global economic crisis, investment banking, Money, socialism, stock market, stocks, unsecured credit, unsecured loans credit, US economic crisis, US Economy, US Government, US government bailouts, US government policy, Wall Street

How Markets Use Information To Set Prices
The Use of Contingent Contracts
http://economics.about.com/cs/finance/a/pricing_info.htm
By Mike Moffatt, About.com

Markets, when they operate efficiently, can provide a great deal of information on the beliefs of the people who participate in that market. Prices, and changes in prices, convey a lot of information on what traders think is currently happening and what they believe will happen in the future. To see how this works, we’ll look the at the pricing of a simple asset known as a  contingent contract .

A contingent contract in finance generally refers to a contract in which the amount of money one agent pays to another in the future will differ depending on the realization of some future event. A simple example of a contingent contract would be a contract which gave the bearer of that contract nothing if it rains next Thursday but one dollar if it does not rain.

These kinds of contracts are more common than you might believe at first glance. A farmer’s crop may depend rather heavily or whether or not it rains. If it does rain, he has a healthy crop which he can sell on the market. If it does not rain the crop will be ruined and the farmer will having nothing.

The farmer can minimize this risk by buying many of these contingent contracts. If the farmer buys the contingent contracts and it does not rain, his crop will be worthless but he will get $1 for each contract he holds. Of course, if it does rain his crop will be valuable, but he’ll also have paid money for contingent contracts which are now worthless.

If the farmer buys enough of the contracts, he can insure that he receives the same amount of money no matter what the weather does. This sort of risk-minimization is known as hedging and is used quite frequently, particularly in finance.

From an informational standpoint, contingent contracts (also known as  contingent claims ) are very nice because they tell how likely the market thinks some event will happen. Suppose our $1 if it doesn’t rain and $0 if it does rain contingent contract is selling for 70 cents.

This implies that the market believes that there is a 70% chance it will not rain and a 30% chance that it will. This is because we believe that 70% of the time the contingent contract will be worth $1 and 30% of the time the contingent contract will be worth nothing. So on average, we’d expect the contingent contract to be worth 70 cents.

Now suppose a number of people in the  rain  market got a new piece of information (say satellite photos) and now believed that the chance of it not raining on Thursday is now 90%. This would cause them to value the contract at 90 cents, but the price is currently at 70 cents.

So they would buy these contingent contracts as they’d expect to make 20 cents on average. The increase in demand for the contracts will cause the price to rise and if enough people in the market believed the chance of a lack of precipitation was 90%, we’d expect to see the value of the contingent contract to rise to 90 cents.

To see a good example of price changes and contingent contracts, we’ll look at the world of baseball.

While often used for serious purposes, contingent contracts can also be used as a form of entertainment. An Irish based website named TradeSports.com allows people to gamble on sports events using contingent contracts as a basis. You can buy contracts on all sorts of events, from who will win tomorrow’s Blue Jays vs. Red Sox game to who will win the next Superbowl.

The contingent contracts work in a similar fashion as the one in the previous section. If you buy a $1 Blue Jay contingent contract and the Blue Jays win you get $1 but if they do not win the contract pays nothing. At the time of writing, the last trade price of the Tiger Woods contract for the 2003 British Open was 22 cents, meaning that the market believes that Tiger has a 22% chance of winning the tournament.

How Markets Use Information To Set Prices
The Use of Contingent Contracts
http://economics.about.com/cs/finance/a/pricing_info.htm
By Mike Moffatt, About.com

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U.S. total business sales for August were $1,192.3 billion, down 1.8% from last month. Month-end inventories were $1,511.8 billion, up 0.3% from last month.

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U.S. retail and food service sales for August reached $375.5 billion, a decrease of 1.2 percent from the previous month.

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The Nation’s international deficit in goods and services decreased to $59.1 billion in August from $61.3 billion (revised) in July, as imports decreased more than exports.

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August 2008 sales of merchant wholesalers were $404.9 billion, down 1.0 percent from last month. End-of-month inventories were $445.4 billion, up 0.8 percent from last month.

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After-tax profits for retail corporations with assets greater than $50 million averaged 2.3 cents per dollar of sales for the second quarter 2008, up 0.1 (+/- 0.1) cents from the average of 2.2 cents for the first quarter 2008.

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New orders for manufactured goods in August decreased $18.6 billion or 4.0 percent to $444.4 billion.

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Construction Spending   chart icon CHART

Total construction activity for August 2008 ($1,072.1 billion) was nearly the same as the revised July 2008 ($1,071.8 billion). Please see our web site for further details: http://www.census.gov/constructionspending

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Sales of new one-family houses in August 2008 were at a seasonally adjusted annual rate of 460,000. This is 11.5% below the revised July 2008 estimate of 520,000.

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New orders for manufactured durable goods in August decreased $9.9 billion or 4.5 percent to $208.5 billion.

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U.S. Information sector revenue for the second quarter of 2008, not adjusted for seasonal variation, holiday or trading-day differences, or price changes, was $284.9 billion, an increase of 2.5 percent (+/- 0.5) from the first quarter of 2008.

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Homeownership Rate (HR)
The homeownership rate at 68.1 percent for the current quarter was not statistically different from the second quarter 2007 rate (68.2 percent) or the rate last quarter (67.8 percent).

Rental Vacancy Rate (RVR)
National vacancy rates in the second quarter 2008 were 10.0 percent for rental housing, which was higher than the second quarter rate last year (9.5 percent), but was not statistically different from the rate last quarter (10.1 percent).

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A Beginner’s Guide to Economic Indicators
What are Economic Indicators?

By Mike Moffatt, About.com
See More About:

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* unemployment rate
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Q: I’m constantly hearing about economic indicators in the news, but I’m never sure what they’re talking about. What are economic indicators and why are they important?

A: An economic indicator is simply any economic statistic, such as the unemployment rate, GDP, or the inflation rate, which indicate how well the economy is doing and how well the economy is going to do in the future. As shown in the article  How Markets Use Information To Set Prices  investors use all the information at their disposal to make decisions. If a set of economic indicators suggest that the economy is going to do better or worse in the future than they had previously expected, they may decide to change their investing strategy.

To understand economic indicators, we must understand the ways in which economic indicators differ. There are three major attributes each economic indicator has:

1. Relation to the Business Cycle / Economy
Economic Indicators can have one of three different relationships to the economy:

1. Procyclic: A procyclic (or procyclical) economic indicator is one that moves in the same direction as the economy. So if the economy is doing well, this number is usually increasing, whereas if we’re in a recession this indicator is decreasing. The Gross Domestic Product (GDP) is an example of a procyclic economic indicator.

2. Countercyclic: A countercyclic (or countercyclical) economic indicator is one that moves in the opposite direction as the economy. The unemployment rate gets larger as the economy gets worse so it is a countercyclic economic indicator.

3. Acyclic: An acyclic economic indicator is one that has no relation to the health of the economy and is generally of little use. The number of home runs the Montreal Expos hit in a year generally has no relationship to the health of the economy, so we could say it is an acyclic economic indicator.

2. Frequency of the Data

In most countries GDP figures are released quarterly (every three months) while the unemployment rate is released monthly. Some economic indicators, such as the Dow Jones Index, are available immediately and change every minute.

3. Timing

Economic Indicators can be leading, lagging, or coincident which indicates the timing of their changes relative to how the economy as a whole changes.

1. Leading: Leading economic indicators are indicators which change before the economy changes. Stock market returns are a leading indicator, as the stock market usually begins to decline before the economy declines and they improve before the economy begins to pull out of a recession. Leading economic indicators are the most important type for investors as they help predict what the economy will be like in the future.

2. Lagged: A lagged economic indicator is one that does not change direction until a few quarters after the economy does. The unemployment rate is a lagged economic indicator as unemployment tends to increase for 2 or 3 quarters after the economy starts to improve.

3. Coincident: A coincident economic indicator is one that simply moves at the same time the economy does. The Gross Domestic Product is a coincident indicator.

In the next section we will look at some economic indicators distributed by the U.S. Government.

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US economic crisis – credit crunch default crisis and 3-dimensional economic modeling from science – GDP numbers are faulty

10 Friday Oct 2008

Posted by CricketDiane in Uncategorized

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America, aristocracy in America, banking, bonds, Business, Business Practices, Capitalism, Civil Rights, commercial paper, commodities, communism and corruption in America, corporate America, corruption and abuse of authority, corruption in USA, counterfeit currencies, counterfeit securities, credit crunch crisis, credit default swaps, Cricket Diane C Sparky Phillips, cricketdiane, Democracy, economic modeling, Economics, Economy, elitism, Federal Reserve, financial crisis, financial derivatives, financial solvency, free market economy, Freedom, Freedom of Thought, GDP numbers are faulty, global economic crisis, Global Economy, Human Rights, International Concerns, Liberty, Macro-economic analysis 2008, macro-economic future forecasting, Money, Obama and McCain, Oil Crisis, Principles of Economics, prosperity, Reality-based Analysis, representative government, Republicans and Democrats, socialism, stock market, the American people, US Bill of Rights, US Congress, US Constitution, US Declaration of Independence, US economic crisis, US Government, US government bailouts, US politics, US Treasury, Wall Street, Wall Street bailouts, wealth, Workable Solutions

GDP numbers are faulty. They were never intended to nor accounted for a credit based application. Their integrity is not valid to use for anything.

There is no factorization nor accommodation for the “propped up” unrealistic value of credit underlying its foundations.

Any model using the GDP or ADP is going to also be faulty.

In order to get an accurate representation that can depict the current situation and aid in evaluating various possibilities of corrections that can be made or influences that can be brought to bear on it, the numbers available around the world about element normally used to tally the GDP would need to be input directly.

This means without utilizing the accepted GDP or ADP in any way for the models.

The last post I made, includes a dimensional flux model that can accurately depict the complexity and current dynamics of the US economy – macro economy and global economy. This can be used to understand what pull or tug, here or there, would cause and what would be impacted in real time and projections.

This macro-economic modeling process and equations are found here and through its creators:

http://topics.scirus.com/The_Macroeconomic_Graphical_Sensor_System_MGS_System.html

Written by Cricket Diane C “Sparky” Phillips, 10-10-08, USA

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This 3-Dimensional Macro-economic model can forecast current US economic and global crisis 2008 – Can show how inputs will affect markets including credit default swaps and bailouts – US economic crisis

10 Friday Oct 2008

Posted by CricketDiane in Uncategorized

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America, aristocracy in America, banking, bonds, Business, Business Practices, Capitalism, Civil Rights, commercial paper, commodities, communism and corruption in America, corporate America, corruption and abuse of authority, corruption in USA, counterfeit currencies, counterfeit securities, credit crunch crisis, credit default swaps, Cricket Diane C Sparky Phillips, cricketdiane, Democracy, econometrics, Economics, Economy, elitism, Federal Reserve, financial crisis, financial derivatives, financial solvency, free market economy, Freedom, Freedom of Thought, Global Economy, Human Rights, International Concerns, Liberty, Macro-economic analysis 2008, macro-economic future forecasting, Money, Obama and McCain, Oil Crisis, Principles of Economics, prosperity, Reality-based Analysis, representative government, Republicans and Democrats, socialism, stock market, the American people, US Bill of Rights, US Congress, US Constitution, US Declaration of Independence, US economic crisis, US Government, US government bailouts, US politics, US Treasury, Wall Street, Wall Street bailouts, wealth, Workable Solutions

USE THIS –
http://topics.scirus.com/The_Macroeconomic_Graphical_Sensor_System_MGS_System.html
The Macroeconomic Graphical Sensor System (MGS-System)

Last updated: 27 June 2008

Category: Economics, Econometrics and Finance > Economics, Econometrics and Finance (miscellaneous)
authors Dr Mario Arturo Ruiz Estrada

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Synopsis

-
1. ABSTRACT

This research paper is interested to propose an alternative Multi-Dimensional (MD) graphical computational system to observe or simulate different macroeconomic scenarios simultaneously in real-time or live. It is called “The Macroeconomic Graphical Sensor System (MGS-System)”. Therefore, the construction of this Multi-Dimensional graphical computational system is based on the application of Econographicology (Ruiz, 2007) and Database analysis.

2. INTRODUCTION

The basic idea to build the MGS-System is to show a set of Multi-Dimensional graphs, at the same time, these Multi-Dimensional graphs are moving constantly in real-time or live. If some of these Multi-Dimensional graphs show an erratic behavior, then the MGS-System start to alert immediately about possible failure(s) in some or all macroeconomic scenarios in the same graphical space. The failure(s) location depends on the Multi-Dimensional graph position into its physical space coordinate system respectively. If the MGS-System find some or many failure(s) in the Multi-Dimensional graph, then the MGS-System start to take action(s) to search possible solutions (or economic policies) to solve some or many failure(s) simultaneously. These solutions (or economic policies) are originated from a large number of database. To find the possible solutions (or economic policies) to solve some or many failure(s), it is depend on the serial of parameters that we are established in each axis on the Multi-Dimensional physical space coordinate system respectively.Hence, the selection of possible solution(s) (or economic policies) depend on the Multi-dimensional graph position. The final solution(s) is selected according to less risk or less vulnerable economic impact among a large number of possible solutions. Moreover, this research paper has three specific objectives follow by:

The first specific objective in this research paper is the application of a basic form of Database analysis based on the application of a default random process. The default random process will choose the best solution(s) (or economic policy) into a large Database from successful economic models, theoretical frameworks and econometric models and simulations applied on economics. It is based on the parameters are established into each axis in the Multi-Dimensional physical space coordinate system.

The second specific objective is the application of Econographicology, it is offer a new types of graphs under the application of physical spaces are presented: Pyramid Physical Space, Diamond Physical Space, Multi-Dimensional Physical Space, Infinity Physical Space, and Multi-Pictorial Physical Space (Ruiz, 2008). These graphs and Physical Spaces are constructed based on the traditional 3-Dimensional space concept, but they represent 4-D, 5-D, 8-D, 9-D and Infinity-Dimension. The multiple-dimensional representations are to facilitate easy understanding of economic phenomena from a general view.

Finally, this research will to show a flow chat to explain the construction and implementation of the Macroeconomic Graphical Sensor System (MGS-System). The idea to build the MGS-System is to offer an alternative technical tool to policy makers, academics, international institutions to obtain a serial of possible solutions to solve economic problems.

3. THE MGS-SYSTEM THEORETICAL FRAMEWORK

The MGS-System follow by five basic phases: The first phase is the input and storage of large amount of information (quantitative or qualitative) constantly; the second phase is the visualization of Multi-Dimensional graphs in real-time or live; the third phase is to alert of possible failure(s) in different economic scenarios in the same graphical space; the fourth phase is to search a possible set of solution(s) (or economic policies) according to the graph position into its Multi-Dimensional physical space coordinate system respectively and the fifth phase is the final report with a short list of recommendation(s) or suggestion(s) to solve the irregular or erratic behavior of the Multi-Dimensional graph. FIRST PHASE: The Input and Storage of InformationThe first phase is divided by two sections follow by: Input and Storage sections (See Diagram 1: Stage 1).

INPUT SECTIONThe first section proposes that in the MGS-System exist many inputs of information (I Xi) from different resources (See Expression 1). The inputs of information (I Xi) can be classified by quantitative and qualitative respectively, but also the inputs of information (I Xi) can be classified by positive (+) or negative (-) information follows by expression 1:

(1.) I Xi = ƒ ( +/-I X1 , +/-I X2 , …, +/-I X∞…) ≡ I Xi = ƒ ( +/-I Xi) thus i =1,2,…,∞

STORAGE SECTION

The second section in the first phase explain about how the inputs of information (I Xi) is record in different Database (DB Xi) thus i = 1,2,… ∞ (See Expression 2).

(2.) DB Xi = ƒ (DB X1< +/-I X1>, DB X2<+/-I X2>,…, DB x∞<+/-I X∞> …)

SECOND PHASE: The Visualization of Multi-Dimensional graphsThe Visualization of Multi-Dimensional graphs (MD) in real-time or live (See Diagram 1: Stage 2). It is based on constant inputs of information (I xi) in each axis (X i) respectively from different Database (DB Xi) resources. Always each input of information (I xi) is interconnected with its axis (X i) respectively. All Multi-Dimensional graphs in the MGS-System always are running in real-time or live all the time (See Expression 3.)

(3.) MD = (X 1: [ +/-I x1], X 2:[+/-I x2] , …, X ∞:[+/-I x∞] …)

THIRD PHASE: The alert of possible failure(s) The third phase is given to us an alert of possible failures (See Diagram 1: Stage 3). It is depend on the position of the Multi-Dimensional graph get into its Multi-Dimensional physical space coordinate system. If the information is located in the negative -X i = [-I Xi] quadrant, then the MGS-system can alert about possible failures (See Expression 4. and 5.)

(4.) If -X 1: [ –I X1], -X 2:[-I X2] , …….…, -X ∞:[-I X∞] …

then -X 1: [»Alert«], -X 2:[»Alert«] , …, -X ∞:[»Alert«]

In fact, if any inputs of information are located in the negative quadrant -X i:[-I Xi] of the physical space coordinate system in the MGS-System, then this input of negative information (-I Xi) will be called “ Failure(s)”. Therefore, if the MGS-System find any failure (-I xi), then MGS-System starts to search ( ☼) for its possible solution (S xi) immediately. It is according to expression 6.

(5.) S xi = -I X1 ☼ S X1 : -I X2 ☼ S X2 : … : -I X∞ ☼ S X∞

FOURTH PHASE: The set of solution(s) (or economic policies)

The fourth phase is divided by two sections follow by Database of final solutions and Solutions (See Diagram 1: Stage 4).

DATABASE OF FINAL SOLUTIONSThe general database of final solutions are equal to the interconnection (╦) of large number database (DB Xi) and each database has a large number of possible solutions (S Xi) (See Expression 7).

∞ ∞ ∞(7.) DB Xi = X 1:[ Σ DB X1 X1>] ╦ X 2:[ Σ DBx 2 2>] ╦ …╦ X ∞ [ Σ DB X∞ ∞>] X 1 = 1 X 2 = 1 X ∞ = 1

THE FINAL SOLUTIONS

In the process to choose the final solution (FS Xi), it is equal to the multi-connection (╬) of long list of possible solutions (S Xi) (See Expression 8 and 8.1.). Each solution (S xi) depends on the Multi-Dimensional graph position into its Multi-Dimensional physical space coordinate system respectively (see Diagram 1: Stage 4). Hence, the establishment of parameters in each axis plays an important role in the process to find suitable solution(s) (economic policies) in the MGS-System.

(8.) FS X1 ═ -I X1:1 ∩ S X1:1 → DB x1:1 ╬ FS 1:2 ═ -I X1:2 ∩ S X1:2 → DB x:1:2 ╬ … ╬ FS X1:∞ ═ -I X1:∞ ∩ S X1:∞ → DB x1: ∞FS X2 ═ -I X:2:1∩ S X2:1 → DB x2:1 ╬ FS 2:2 ═ -I X:2:2 ∩ S X2:2 → DB x:2:2 ╬…. ╬ FS X2:∞ ═ -I X:2: ∞ ∩ S X:2:∞ → DB x2:∞ . . . . . . . . . .FS X∞ ═ -I X:∞:∞ ∩ S X∞:∞ → DB x:∞:∞ ╬ FS ∞:∞ ═ -I X:∞:∞ ∩ S X∞:∞ → DB x:∞:∞ ╬… ╬ FS 2:∞ ═ -I X:∞:∞ ∩ S X:∞:∞ → DB x:∞:∞ (8.1.) If FS Xi ≡ ƒ (-I Xi) then each -I Xi finds its solution into its DB xi respectivelyFIFTH PHASE: The final output

The final output (FO) (See Diagram 1: Phase 5) is originated from the last partial differentiation (ƒ i) from the large list of solutions (S xi). In fact, the MGS-System starts to apply partial differentiation (ƒ i) from the first group of solutions until arrive to the final solution. The idea is debugging ( ◊) until we can arrive to the best solution (or best economic policy) with less risk and less vulnerable (See Expression 9).

(9.)

ƒ(S X1) = Sx 1 ◊ Sx 2 ◊… ◊ Sx ∞

ƒ (S x2)’ = Sx 1 ◊ Sx 2 ◊… ◊ Sx ∞

ƒ (S X3)’’ = Sx 1 ◊ Sx 2 ◊… ◊ Sx ∞

. = . . . .

. = . . . .

. = . . . .

ƒ(S Xi) i = 0 thus i = 1,2…∞

4. CONCLUSION

This research paper concludes that it is possible to visualize Multi-dimensional graphs in real time or live. The MGS-System can be a powerful visual analytical tool for policy makers, central banks and academics in the process to observe complex economic scenarios interact simultaneously in the same graphical space from a Multi-dimensional view. The idea is to demonstrate that economics is alive and it is not a static and 2-Dimensional phenomenon.5. REFERENCES

Ruiz Estrada, M. 2007. “Econographicology”, International Journal of Economic Research (IJER), Serial Publications, Vol. 4, No.1, pp. 93-104.

Ruiz Estrada, M. 2008. “Econographicology”, E-Monograph, University of Malaya (UM), Faculty of Economics and Administration (FEA). Layout by CyDesign Co. pp. 1-240.

more >

References

-
  • Ruiz Estrada, M. 2007. “Econographicology”, International Journal of Economic Research ( IJER), Serial Publications, Vol. 4, No.1, pp. 93-104. (Link->)
  • Ruiz Estrada, M. 2008. “Econographicology”, E-Monograph, University of Malaya ( UM), Faculty of Economics and Administration (FEA). Layout by CyDesign Co. pp. 1-240. (Link->)

Selected Links

-
  • Econographication Virtual Laboratory (EVL)
  • SSRN

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America aristocracy, socialism, communism and wealth of arrogance leading us into hell

09 Thursday Oct 2008

Posted by CricketDiane in Uncategorized

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America, aristocracy in America, banking, bonds, Business, Business Practices, Capitalism, Civil Rights, commercial paper, commodities, communism and corruption in America, corporate America, corruption and abuse of authority, corruption in USA, counterfeit currencies, counterfeit securities, credit crunch crisis, credit default swaps, Cricket Diane C Sparky Phillips, cricketdiane, Democracy, Economics, Economy, elitism, Federal Reserve, financial crisis, financial derivatives, financial solvency, free market economy, Freedom, Freedom of Thought, Global Economy, Human Rights, International Concerns, Liberty, Macro-economic analysis 2008, macro-economic future forecasting, Money, Obama and McCain, Oil Crisis, Principles of Economics, prosperity, Reality-based Analysis, representative government, Republicans and Democrats, socialism, stock market, the American people, US Bill of Rights, US Congress, US Constitution, US Declaration of Independence, US economic crisis, US Government, US government bailouts, US politics, US Treasury, Wall Street, Wall Street bailouts, wealth, Workable Solutions

A Right or a Privilege?

“The person who states this always assumes themselves on the advantage side of this equation.”

Since the first time I heard this argument used for something in the United States, I knew it was wrong. Its premise is wrong and its basis is anti-American, anti-Constitutional and against everything the United States has as its basis.

Privilege is a concept of social order, caste systems and aristocracy. It is occasionally social elitism and academic or intellectual elitist by use historically. It is also found in numerous writings of socialism and Marxist doctrines. It is the antithesis of America’s premise.

Rights as defined in this argument, “is it a right or a privilege” is also Marxist, Taoist, Communist and socialism in its truest sense. Its concept of “right” of the people is corrupted by the tyranny of those who would judge it, offer it, control it, manage it and insure it done.

In a land of freedom and individual rights as the US is founded – it is both right and privilege, yet neither one is the basis by which we guide our choices, policies, laws, decisions and tenets.

Our founding principles are those of freedom, equality of rights and opportunities, guaranteed individual rights, capitalism, democracy and government by consent rather than by tyranny and rule.

The assurance of collective rights of the people managed and insured by a small corps of government who are all powerful does not assure the rights of the individual nor the equality of opportunities to all. Nor does it promote liberty, equality of rights and opportunities nor government by the people, of the people and for the people which represents the people of the United States of America.

Whether that is made because of aristocracy and elitism or through socialism and communism, both are wrong – yielding no more than abuses of power, corruption, oppression, poverty, restrictive prosperity for only a few, and eventually, deteriorating societies over any appreciable time.

For instance, the freedom to drive a vehicle in our modern world should be understood as neither right nor privilege but as necessity. Education, as well, is neither right nor one of privilege but of necessity, and to a greater advantage and benefit of us all and of our nation. Home ownership is not naturally a basis of status but rather of a place to live and a safe harbor from which individuals and families can operate and conduct their lives, participate in their communities and assure their own well-being. When the prices of housing and properties, of basic necessities for living are not in the same table of reference with wages and ways of earning a sustainable living, a destruction of the society will occur by the nature of its injustice and failure.

Opportunities to conduct business and opportunities for employment are necessities of all and are guaranteed by our Constitution and founding principles to be available equally to any that will work for them. Where is the place in America to exclude those not of privileged classes in our tenets? These are not collective rights nor only assured to those privileged enough to access them. These are individual rights to opportunity equally shared by all American citizens regardless of status, religion, race, nationality, gender, age, or “wholeness” by some prescribed measure.

Whenever I hear the use of this argument by anyone, “is it a right or a privilege,” I am outraged. It is the very tenet of socialism and communist doctrine that came from academic elitists which began in aristocracy and oppression that we have fought across the world to end. It undermines the very foundations of America.

We have come to a point in the world and in the United States where those with privilege by access to opportunity and wealth have used their financial gain to insure their greater voice in matters affecting us all. And, where our individual rights have been compromised by a few in the name of our “collective rights” with both aristocracy and socialists using the same argument for their abuses of power and position. Both are wrong and have contributed to decimating the foundations of our society in their struggles for power and by their abuses of it.

The aristocratic class has insured our demise by financially excluding most Americans from the process of education, of government, of politics, of the acquisition of homes and reasonable employment, and of business, business ownership, entrepreneurial enterprise and prosperity. The aristocracy in America have denied access to freedom, rights and opportunities of the greatest number of Americans living under the oppression of despicable power-mongering, money-greedy twisted world views than any dictatorship in history. They have decimated the living standard, level of education and prosperity of every individual American and of our nation.

The socialists and liberals through collectivism have insured our demise through shoddy workmanship in American products and services, business deprecation, depravity, greed for power, reduced incentives, increase of abject poverty, exclusion of certain rights, such as driving, education, individual freedoms and economic inclusion to many, through segregation of economic disadvantaged, and by forcing unethical choices on political officials and those in authority. They have single-handedly destroyed the opportunities for all but a very few which sit comfortable in their assured freedoms of elitist intellectualism and positions of power within the government of the United States of America. They deny every foundation that applies to the true freedoms and guarantee of individual rights honored by our Constitution.

Both aristocrats and socialists suffer in many ways from the abuse of power syndrome which is indicated by the adage, “absolute power corrupts absolutely,” and both have decimated our country’s opportunity to survive and to compete in a larger world today and in the future. There is no good life, good living or great America in their choices for us all to endure.

The important questions are these:

1. What gives us competitive advantage now and in the future as individuals and as a nation?

2. What things open greater opportunity and advantage to every American?

3. What needs to be done to make wealth, education, opportunity and quality of life equally and easily available to all, for every individual that chooses to pursue it?

4. What continues to foster, protect, nourish and enhance our freedoms and individual rights and liberties along with our prosperity as a nation and as individuals?

5. What insures our sustenance and growth as a nation while protecting the tenets of our founding principles and foundation ideologies?

Without the premise of those ideologies, we are not America nor a land of the free, home of the brave. Nor are we fighting across the world in support of a greater cause. Without aristocracy and without socialists, our economy and our society will thrive. But it will not thrive without freedom, equality, democracy, capitalism, free market economy, representative government, and equal opportunities to education, prosperity and liberty.

By unnaturally manipulating our economy, prices of housing and property, opportunities to employment and enterprise, opportunities to higher education by price and financing, access to quality and quantity of food and other necessary goods, and by excluding individuals from their Constitutionally guaranteed rights for any number of reasons, the United States has lost its place and lost its ways that insured its continued existence and power. It is now a third world economy and a second world power with no real innovation nor threshold of invention compared to the world market stage.

Our country has devolved into a place of police brutality, pervasive intolerance, unjustified cruelty, rampant crime and denial of basic human rights on a regular basis while the greatest criminals of all time sit in our government and in the protected aristocracy of business leadership. Our government on every level is ineffective at best, expensive on average and abusive all too commonly.

At ground level, individual Americans are denied the rights to feel angry, annoyed or agitated by events and situations in their lives, nor are they allowed to feel sad, grieved, outraged, embarrassed, humiliated nor indignant about things happening in their lives and in our country. Our government locally is given the rights to come into their homes without cause to take them into locked confinement without rights, take their children and in many cases, to take their property and destroy their belongings for any reason whatsoever, including eminent domain and the government’s desire to use the property for something else.

The United States of America resembles nothing of the freedoms and assurances of rights given to individuals by the Constitution with over twenty percent of our population at any given time incarcerated in prisons and well over ten percent living in locked institutions of “mental health” and behavior modification camps and programs in the name of “mental health,” in the use of this for the business health of pharmaceutical companies and as the destruction of dissident populations. According to European standards, over twenty-five percent of our nation lives in poverty with limited access to the abundance they see around them and because of the caste system existing in our nation today, they will never have access to wealth and abundance in their lifetimes no matter what they do.

The most trite and trivial application of the incredible number of petty and unreasonable laws are applied to most of the population across the United States on a day-to-day basis while those in positions of authority, power, politics, financial power and influence adhere to no laws whatsoever nor are held accountable to them in any way. We live in a police state at the hands of both Democrats and Republicans and their abuses of power.

When the Chinese authorities during the Olympics stopped a journalist from reporting an undesirable story, it was obvious that we were seeing China operate and not America, when the police didn’t beat the living daylights out of the reporter before tazing him handcuffed on the ground and hauling him away to be locked away for several years as they do every day across America.

When the woman in a New York mental hospital intake died waiting to be locked away and put on psychiatric drugs involuntarily this year, it wasn’t an isolated incident and neither was her being placed there an appropriate help to her situation. She had worked for quite awhile before losing her job and then losing her place to live. When she asked to be helped by the minister that she had worked alongside, that knew her – the law was called because she was “agitated” having found herself homeless after working hard and doing the right things. That is communism in America at work and is so common that people find it acceptable.

There are homeless and those living in abject poverty that will always be excluded from “the game” that America has become at the hands of the powerful and financially status-oriented. Their opportunities are not only denied but basic human rights available to all living beings are also denied. That is not a mental health condition but rather one of extreme oppression, aristocracy and exclusion from participation. This is America as it has been re-created in the image and view of America’s leadership, both by the intellectual elite and political dictatorship at the helm in the United States today. That is the twisted view of the world that needs correcting with some serious mental health applications in the realm of our leadership.

We have an entire country filled with houses that no one can afford to own where years and years of equity and efforts were wiped out within a few short weeks to suit the greed of Wall Street and our politicians in the name of their business friends. The money that was created for them was assured at the expense of every homeowner and American citizen, at the hands of every employee that will ever work in America and over the needs of any human being living in the United States today and in the future.

Our President demands that we “unleash the keys of America’s entrepreneurial spirit,” while socialism and communism are the tenets he and his Washington friends use to bind us all into oppression and insolvency. His Congressional friends and business buddies must need some new ideas and innovations to steal since they’ve found themselves at a disadvantage in the world using their own ideas. These “leaders” have managed to exclude everyone else that might think differently about things than they do such that they would have new ideas and innovations and when they have these ideas available, they dishonor them by stealing from their inventors.

This is a nation of abhorrence and continued wealth assured to only a few while the rest live in destitution and lack of opportunities in any measure. And, where the lowest disadvantaged third of our country is subjected to every horror of socialism, communism, oppression and abuse of power, our leadership fails to do even one small thing for themselves by their own hands. Their food is cooked for them, their cars driven for them, their accounting administered for them, their yards landscaped and kept up for them, their hair cut for them, their houses cleaned for them, and their asses wiped for them, because it is beneath them to do it.

Personally, I would not have wanted to put my name on that $700 billion dollar Wall Street banking and business bailout bill while ignoring the will of the American people by doing it, especially knowing that somewhere in America, I would have to sleep at night, my food would be cooked by someone besides me, and that I would want to eat at a restaurant or go on vacation somewhere in the world where others would be serving me. Not in this lifetime or the next, would I rest easy after ignoring the will of the people that I was hired to represent and after genuinely screwing them.

There is nowhere in America to hide from these facts at a point. It will not be long before those impoverished by politics and exclusion will find the rich where they sleep. It is easily found throughout history, even in the history of our own country when English rule threatened the survival of a foundling nation and its interests. There is no protection from the reality our current corrupt leaders of government and business have created for all of us and its results.

There are no sales when a company has abused the privilege of its position and power in the marketplace because it depends upon the great “unwashed masses” for its existence and continued profitability. There are no positions of power in the United States when finally tolerance for their abuse stops and apathy gives way to action. We are the governed by consent of the governed and sooner or later – there is no where to hide from that real fact.

Consequently – here is the answer to the question, “is it a right or is it a privilege.” It is both my privilege and my right as an American citizen and as a human being to stand equal to any and all that would choose to judge by that question. It is my right and my privilege by virtue of waking up alive today, to be of equal value to our nation and our national interests as are any others alive this day. And, it is my right and my privilege to be more valuable than any other category of objects, whether money, property, prestige or thing, greed, power, or status.

Corporate America does not exist nor thrive without us. Intellectual elitists, socialists and communists in the name of assured collective rights cannot sleep well without our apathy. And, the aristocracy and dictatorship of the US government does not survive separate from and exclusive to our consent of power. Republicans and Democrats have abused the power and authority given to them and done so at our expense. None of them are worthy of the breath God gave them nor fit to lead anything nor anybody at any time for any reason. They’ve proven it.

And, despite brutality by police, abuse by government systems intended to “help” which did no more than destroy every basic human right, civil right and freedom that I was guaranteed by America and her Constitution, and despite authorities, socialists and aristocrats of America excluding my participation in the wealth and prosperity of capitalism – it is my right and my privilege to push that boot off my back and off the backs of every American citizen living today to restore America to her founding tenets of freedom and protections of our inalienable rights.

Written by Cricket Diane C “Sparky” Phillips, 10-09-08, USA

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Destroying the American Dream by process of elimination and socialism as policy by US government and Treasury – Congress representing no one in America

07 Tuesday Oct 2008

Posted by CricketDiane in Uncategorized

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aristocracy, bailouts, banking, Capitalism, Chicago Mercantile group, CME Group Trading, consumer based economy, consumerism, corruption, corruption and abuse of authority, counterfeit currencies, counterfeit securities, crash of American economy, credit crisis, credit crunch, credit default swaps, Cricket Diane C Sparky Phillips, cricketdiane, Democracy, economic crisis, Economics, Economy, Federal Reserve, financial derivative instruments, financial derivatives, fraud, Global Economy, Great Depression of 2009, illuminat, Intelligence, International Concerns, investment banking, job losses, life in USA, Macro-economic analysis 2008, macro-economic future forecasting, poverty, Securities and Exchange Commission, socialism, stock market, unemployment, US aristocracy, US bailouts, US Congress, US currency, US dollar, US economic crisis, US Government, US government policy, US Treasury, USA, Wall Street, Wall Street traders

The US government bailouts and handling of the current economic crisis – (including Congress, Treasury and White House team) –
I’m not sure there is anything good about it. The US government is trying to insulate the bad financial products from the good assets in the marketplace so that hopefully no more companies or banks will fail. It might work, but might not.

The reason on a larger scale that it is causing bankruptcies at a very basic level is because the ways it has been done, it is like borrowing money from a bookie to play a bet. That works find, if the bet wins.

But, when it doesn’t and the money isn’t available to pay the borrowed money back plus the play on the bet – there is a “constrained relationship” with the bookie. Or, in other words – that bookie gets real short tempered and will collect one way or another.

A lot of really big companies and banks, and well-respected businesses were making very large bets on borrowed money and then took another bet to insure against the first bet until after awhile, the debts had to paid. Apparently, there weren’t enough real moneys to pay them, nor to continue to play in this game.

The other thing that might make sense – while most of it doesn’t make sense – is that for every one dollar that these companies and banks actually had, they were allowed to borrow twelve dollars or as much as forty dollars against it. Now, who gets to do that? This has been common practice.

This has caused many Americans to be out of work, lose their homes and has forced them into bankruptcy because when the companies where they worked started trying to make themselves look profitable, they laid off people to do it.

The fact is, many companies and banks still went bankrupt also when it was discovered that they didn’t have the money to pay off the debts called due, were no longer profitable or solvent and couldn’t get any money for things they owned.

Among the investment bankers there were a set of “assets” that weren’t any more than a contract for a bet that some homeowner somewhere would pay off their mortgage. These companies has bought huge packages of mortgages that were sold together as a lot. Then they paid someone else to insure the package for how much would be owed if some of these mortgages didn’t get paid off, which hedged the bet.

sounds like betting on football sort of, doesn’t it – except in the billions and trillions of dollars. And a lot more risky.

I think, if they had stopped at that point and not gone into the next round of stupidity – well, maybe it would be different. But, since many investment houses could borrow $40 for every $1 of assets, they did (using these packages as dollars of assets) – which converted the packaged “bets” and “insurance” to hedge the bets – into cash which they used to do some more of the same game.

It looks like after a time, there were stacks and stacks of what was being valued as if the bets had been won and that, on accounting records, appeared like the cash value of all the mortgages in the package added together (like they were the total value of what could eventually be paid off, if the homeowner made good.)

Well, if your money’s no good – you’re not going to pay off a bookie with it and that is exactly what happened. There was a piece of paper for somebody’s house in Tulsa or somewhere mortgaged for $300,000 principle plus interest with a homeowner in foreclosure. Then, that isn’t the same as $300,000 cash any longer. And, the property probably couldn’t bring more than $15,000 auction off in foreclosure.

It seems complicated, but really it isn’t. If I tell you that something is worth a certain amount and it isn’t – that is a lie. But, when businesses, assets, stocks and things like that are treated this way – it is way more than a lie. And, it means that it sure can’t be used to make good on debts as if it is cash money or a building or equipment or anything of value.

This is why so many companies are on quicksand right now and the plan offered by Secretary Paulson of the Treasury is being used to buy up the worthless things that the whole bunch of them had been using like money, when it wasn’t and they didn’t have anything real to back it up.

Obviously, everything is pretty close to the vest in the business and corporate world. So, with everybody holding these bets they couldn’t pay off and borrowed moneys they couldn’t pay back, after awhile nobody wanted to loan any of them any money to play with anymore. Who would?

The President’s advisors and the Treasury Dept. think this bailout and buyout of everybody’s bets on the table will allow them to all trust each other enough to start lending real money and paying back real money again. And, hopefully, to make real profits again. This probably would’ve worked a lot better, if other countries hadn’t been conned into buying these bets too. There’s no telling if the bailout will work to get this done or not.

By the way, the falling of the economy doesn’t absolutely cause bankruptcies. It can contribute but essentially that is up to the flexibility of the participants, whether in a household or in a business. It isn’t an absolute. And, in our day and time, bankruptcy is used sometimes as a process in which to regroup, consolidate resources, protect some opportunities and then go at things again.

But, just as in a hand of poker, it isn’t always right to hold the cards and bet on them. It isn’t always a winning hand to throw them in until the four aces or royal flush comes along to play them. It is all in how its done.

– cricketdiane

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Why the US and International Communities will hold accountable those that perpetrated the corruption resulting in the US economic crisis – global crisis

04 Saturday Oct 2008

Posted by CricketDiane in Uncategorized

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abuses of power, AIG bailout, ancient sea, Apples and Oranges, bailouts, banking, bonds, Capitalism, collution, corruption, credit default swaps, Cricket Diane C Sparky Phillips, cricketdiane, Federal Reserve, financial derivative instruments, fraud, global economic crisis, graft, hedge funds, Illuminati of One, Inventing Solutions For America, investment banking, Macro-economic analysis 2008, macro-economic future forecasting, Money, mortgage backed securities, mutual funds, Reality-based Analysis, socialism, stock market, US Congress, US economic crisis, US Government, US politics, US Treasury, USA, Wall Street

The reasons I believe that the pervasive corruption in our government and business community of Wall Street, investment banking, securities and finance will be investigated and prosecuted are:

  • because the effects of this activity has negatively impacted the economies around the world;
  • because these actions have taken undue advantage of worldwide government treasuries and assets;
  • because the United States government, States’ governments, and local governments have held citizens to the most trite and inflexible applications of the law in the history of our nation;
  • because these actions have harmed the economy of the United States in critical ways, have cost our country huge losses in businesses that were national assets and decimated the well-being of many;
  • because no matter where a person sits in the world or at what status, it has harmed them in some way of no small substance; and
  • because inequalities of justice based on status, position, authority and influences cannot be tolerated by any society that desires a continued and prosperous existence.

There is a “shadow government” system in the United States of America but it hasn’t taken the same form as in many smaller economic powers. Part of the basis of this “shadow government” has been by process of a faulty belief system whereby those with wealth were considered to be right and all others “less right,” “less correct,” and “wrong.”

Another element of the basis for this has been the process of deference whereby one in a position of authority and/or decision-making have deferred judgment to those with “expertise” on the assumption that by virtue of this specialization and knowledge – better, more intelligent and more accurate choices could be made. That would have worked only if the knowledge had been conveyed, judged by those intending to use it, subjected to principled decision-making processes and then applied, which it wasn’t in many cases.

There has also been a finely-tuned and well-constructed system of “rents” to participate in any process or profit-building enterprise which has been subjected to a limited and gated set of pathways whereby those in power and position would benefit financially and by exchange of favors. This entrenchment within our system has included government and business leaders coordinating with lobbies and others of influence within the social order at the highest levels to restrict competitive business, restrict start up businesses, restrict and discourage fair competition, restrict and restructure a level playing field into one that is enhanced in favor of their “friends,” to deny the open and accurate flow of information presented truthfully, honestly and accurately, as well as to unnaturally alter and interrupt the flow of opportunities, moneys and access to moneys.

Among other things . . .

Written by Cricket Diane C Sparky Phillips, 10-04-08, USA

(And, personally, I think Paulson didn’t bail out Lehman Brothers when he is bailing out everyone else because of a history of competition that existed between his Goldman-Sachs and Lehman over years and was based on some moment of petty, innocuous in-trading that went on between them in a deal some time.)

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Leadership and Deceitfulness is not the same – Leadership and Dictatorship is not the same – and America isn’t yours to run – its ours (which simply includes you in that, too.)

29 Monday Sep 2008

Posted by CricketDiane in Uncategorized

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This is why we don’t study this economics stuff in classrooms. We study it in the real world and teach it in classrooms.

It is not whether anyone has worked in the public sector before or has that experience from which to draw. It is in whether anyone has ever experienced being homeless and out of work, without opportunities and enslaved by poverty and despotism. That is the experience it takes to know why it is so very critical to have done the right things in the right ways before this and certainly, now that we are here.

The practices of our “financial class,” bankers, investment houses, Wall Street, speculators and their friendly Congressional legislators have burned down the framework of freedom and prosperity in America long before today. It is why today, we have their results and the crises it has caused that is before us to solve. We have America’s economy to rebuild and opportunity to be restored.

I know why it was critical and important to work on getting changes made to this many months and years before today ever came because of two things, 1.) It didn’t have to be this way and, 2.) I personally know the damage their way of doing things has caused. Now, they’ve spread those results out to a greater population, who is already experiencing it this very minute. I know what that is and what could’ve been done to avert it, while you and your colleagues along with every trader, banker and politician were saying, “it is all fine, everything is just fine.”

So, from the real world I learned the tangible costs of Wall Street having the run of our government and their demand that leadership equals dictatorship. I know what leadership is in a nation of freedoms, rights and opportunities to prosper equally guaranteed to all under a government of representation serving her people. I’ve seen what can happen with that and what has happened without it. The difference lends to us the results from histories of oppression and economic insolvency throughout time and around the world that we now have unfolding here.

Genuine leadership in America has integrity, not pretense, because it answers to the people of America that it serves. Regardless of one’s background, status, nationality, religion, race, gender, age or “wholeness” by some prescribed measure, each and every American individually and as a nation, serves America.

Everyone, whether citizen by birth or oath, or simply physically standing in our nation, is governed by consent of the governed, and nothing else. Not by law, nor decree, nor by money, nor status, nor even by principle are we governed – only, and always only, by our consent. That was the decree of freedom that made this country and it is the truth even today.

There is nothing else that makes it work and nothing else that will work for very long because we have tasted freedom, died for it, lived for it, endured for it and will always fight for it. To not have freedom, rights, opportunities, equality and the possibility of prosperity makes living and enduring any difficulty immeasurable and filled with sorrows.

I know. I have lived in an America without freedom – have you?

Written by Cricket Diane C “Sparky” Phillips, 09-29-08, USA

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Letter to Our Congressional and Party Leadership – Cricket Diane C Phillips – 2008

31 Monday Mar 2008

Posted by CricketDiane in Air Quality, Albert Einstein, Alexander Hamilton, America - USA, American Civil War Facts, American Revolutionary War, ancient sea, Apples and Oranges, Art, art deco, Artist, artist statement, Benjamin Franklin, Business Methods, cat, Creating, creating music, Creativity, Cricket D, cricket diane, Cricket Diane C Phillips, Cricket Diane C Sparky Phillips, Cricket House Studios, cricketdiane, crickethousestudeios, CricketHouseStudios, diane c phillips, Drawing, Ecology, Edison, Efficiency Systems 2008, Enlightenment and Reformation, Eye of Enlightenment, George Washington, George Washington-Carver, GIT 'R DONE, Global Warming, good living, got no money guide, got no money guide living, got no money guides, got no money living, how to paint ocean waves, How-to, I'lluminatis, Information Systems, Intelligence, Intelligensia USA, Intelligentsia, John Adams, John F. Kennedy, Leadership Skills, Lyndon Johnson, Make It Work, Making It All Work Quickly, mermaid, musician jam, New Music, Ocean, Ocean Pictures, Oceanography, original art, Original Music, Painting, Painting the sky, Physics of Change, Quantum Physics, resourcing, Rocket Science, Samuel Adams, Save The Sea, Sea Waves, States Rights, Statistical Analysis, Sword of Truth, Systems Analysis, take it to the limit, Thomas Jefferson, Thomas Paine, Thomas Payne, Thoughts, Twenty-first Century, Uncategorized, United States of America, US Bill of Rights, US Constitution, US Declaration of Independence, USA -1, Writers, Writing, x1, x3

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Dear Mr. Reid –
In the world’s history, there have always been some that lead the way. It is apparent that your office, your staff and advisors are the voices of the power in Congress. Your leadership is much needed now and within your abilities rests the greatest of our statesmanship and Constitutional powers. In each moment that you hold your place in history there, our lives and well-being depends on your appropriate use of your sword of truth and your eye of enlightenment.

I have a small voice. Any American citizen has but a small voice and yet our freedom, well-being and our futures rest in your hands. With each opportunity to move our country forward, that strength of character and conscience that belongs to each of us rests in you and your chair in the Congress. As we need your spirit for America to be awakened now, I am asking your power and authority to be used now to fix this mess and to join with our Standing President, and our fully seated Congress to install workable solutions and make them work.

That we have no time on our side now is evident to you. The Democratic Party forces must side with all of us now and take its place in history to help guide and make these changes work. It is in your power to do so. Please do

Thankyou,
Cricket Diane C Phillips, 2008
Cricket House Studios – USAX1 – USA1

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