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You can’t go faster than the speed of light – And other lies

Bruce Krasting's picture




 

The folks at CERN (super collider in Switzerland/Italy) are scratching their heads this weekend. They observed something happening that simply can’t be true. The scientists have measured neutrinos moving at a speed greater than the speed of light.

The possible discovery of subatomic particles moving faster than the speed of light has researchers worried about one of the fundamental tenets of modern physics.

 

"To our great surprise we found an anomaly," said the experiment’s spokesman, Antonio Ereditato of Bern University.

 

The average person, said De Rujula, "could, in principle, travel to the past and kill their mother before they were born."

We shall see over the next few months whether the “anomaly” observed this week will be proven true. If it is proven, some basic building blocks of physics (E=MC^2) will come into question.

Some other "Givens" that the modern economy/civilization rests on were also brought into question in the past week. Here’s my list of those potential lies.

Keynesian Economics always works.

Lower interest rates are good for the economy.

Deficit spending as a counter cyclical measure always brings the desired results.

Low interest rates are good for the stock market.

Gold is a safe haven.

The Swiss Franc (and HK$) is a safe haven.

Dividend stocks are a safe haven

The Fed is an independent entity. Their decisions are free of political considerations.

Countries don’t go bankrupt. They just restructure their debts.

The US government can invest in new technology without risk.

HFT is a good thing as it increases liquidity during troubled market conditions.

Advanced economies can function perfectly fine with debt levels above 100% of GDP.

The US is pretty close to turning the corner and returning to sustainable economic growth.

Extended unemployment benefits are good for the economy.

The big global banks are all “Money good”.

There are no negative consequences resulting from artificially low interest rates.

The “Buy and Hold” is a good investment strategy.

The vast majority of pension funds are sound. They can easily earn the 8% compounded annual returns that are necessary to assure they can meet their obligations.

Republicans and Democrats have learned an important lesson with the S&P downgrade. Their ideological differences will be put to the side for the good of the country.

Increasing taxes is a viable solution to our problems.

It’s perfectly reasonable to push much-needed belt tightening off into the distant future. The “Markets” will accept the, “spend today but not tomorrow” policies and actually believe it.

The US Treasury Secretary has significant influence in shaping economic policy in Europe.

Market volatility is good for investors as it increases their opportunity to buy cheap assets.

ZIRP is proving to be a valuable policy tool in offsetting the economic slowdown.

Ben Bernanke actually can “Talk up” the market.

The problems facing the USA are short-term in nature. There are no structural economic impediments that need to be addressed.

Monetary and fiscal policies always work. The only possibility is that too little monetary and fiscal “Gas” is prescribed.

There are a number of truly viable presidential candidates within the Republican party.

Angela Merkel and Nicolas Sarkozy actually do understand what is going on in the financial sector of the EU. Their reluctance to act decisively is prudent policy.

The BRIC’s (especially China) will be immune from a decline in western economies. China has successfully converted its economy such that it is self-sustainable based exclusively on domestic demand.

The times have never been brighter for the possibility of lasting peace in the Middle East.

The Fed has many powerful and effective “Tools” available to achieve their desired objectives.

Investing in ten-year treasury bonds is a good investment choice. The current yield of 1.8% is more than sufficient to offset the inflationary erosion of the principal invested.

The Fed is not working lock step with the administration on economic issues. The Fed is staunchly independent. Any claims to the contrary by Republicans are just hogwash.

The possibility of new high tech failures is remote. It’s perfectly appropriate to fund star-ups with debt. Equity money is not required as bankruptcy is not a consideration.

Cocktail party stocks like Netflicks and Molycorp should always be bought on the dips.

The S&P will earn over $100/share in 2012. Stock multiples always have to move higher.

There are no, repeat, no liquidity concerns at any of the large EU banks. That’s just a fact, the heads of these banks have repeated said so.

Bernanke is omnipotent. He has the means and the will to achieve lasting economic prosperity both in the USA and the world.

There is a zero chance that the Fed’s actions this week could lead to any systemic risks. Inflation is under control today and will be for at least the next five years.

It is wise policy for the Fed to facilitate the debt issuance of the USA. More cheap debt is the solution, not the problem.

 

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Tue, 09/27/2011 - 02:06 | 1713877 BlackholeDivestment
BlackholeDivestment's picture

...I am glad to see someone is watching as well as you are. Yes, when Bi location was proven just a few years ago, I attempted a few times to awaken people to the discovery. Well said, Sir. Now can you imagine the elder of man, an angel? Those occult boys sure as hell can. lol. Imagine knowing your time is short, like a man but,  you have wiillfully left your first estate and are cast down and at war like Lucifer is. Traffic sure can be tricky these days, with such leaping frogs stuck on the string upon the event horizon, as they are unbecoming of The Light. Lol. Of course the fallen are few, but, the hosts of their offer are the overwhelming sea of man, even the Earth bares the scar of the broken seal. Saints sealed unto our Father in Christ, there are few of us risen from the waters of baptism watching so close as to know the work of The Eternal Angel, even the floral oder of Heaven. Nice post my friend, even though those fishhead Pope rope and torture boys dispise the ecclesia. lol. Let's hope they snap out of the dogma poop upon revelation and can the white collar and leash. Lol. http://www.youtube.com/watch?v=TbmwsQUFlFk

P.S. I witnessed The Light upon me, and knew upon being awaken, delivered risen and confirmed by the call which I accepted and offered. This is The Eternal Light of the Glory of our Father in Christ, which I saw, as it was upon me. I did not know this at first, as the power of The Light sped up with ever increasing power beyond my strength to endure the revelation upon me. It was only when I knew I was about to be overcome, and I called upon our Father to overcome The Light, then I was awaken to know this is the Eternal Light of Glory. Awesome. Get ready.

Sat, 09/24/2011 - 18:35 | 1706116 Escapeclaws
Escapeclaws's picture

Nice post. I hope Father Suarez comes to France. Of course these Catholic beliefs are not respectable and only attract derision from educated people, but I could care less. I think the problem is that the healings are too real, and as TS Eliot said in the Four Quartets, "Mankind cannot bear too much reality." Real is not necessarily respectable or sophisticated--just ask the ignorant people who go to these healing masses. We all love humility as a virtue, but we regard humble people as losers.

 

Sun, 09/25/2011 - 14:01 | 1707960 thegr8whorebabylon
thegr8whorebabylon's picture

I don't know, Pierre Trudeau was a daily communicant, and Kennedy, Oscar Wilde, (convert), Evelyn Waugh, (same), Stephen Colbert, COPERNICUS, Alex Carrol (nobel), Descartes, DeNiro....here yah go; 

http://www.adherents.com/largecom/fam_catholic.html

hard to be humble though,...even when you're a retard like me.

Sat, 09/24/2011 - 12:56 | 1705353 Steroid
Steroid's picture

Phew, it explains that strange trading timestamp last week!

And they spent hundreds of millions to build a shorter cable between Chicago and New York.

What idiots!!!

Sat, 09/24/2011 - 12:31 | 1705299 onlooker
onlooker's picture

 

This is old news on Wall Street. Several companies have Neutrinos Trading Computers. The story about insider trading information was a cover story to hide the NTC. Don’t try to tin foil hat me

Sat, 09/24/2011 - 23:50 | 1705278 BlackholeDivestment
BlackholeDivestment's picture

  The Truth is not a choice, so, the point of revelation for man is the confirming Light, which is overcoming (super-luminous), which confirms the revelation of The Truth. What is risen, defining the sustaining eternal cause and being. The revelation confirming our life is beyond measure and is the overcoming Light. How is it that we know darkness and the Light at the same time? Obviously our space time does not physically permit advance beyond our ''unbecoming'' revelation. How is it possible to know and escape our darkness or the unbecoming darkness of the black hole? ...and how is it possible that the (Christ) Light has not overcome darkness, as with time, thereby the revelation of the confirming and sustaining Truth? Our space time obviously is the revelation of decay (darkness) or loss of the Light (Truth), which is faster than measure within the space time of darkness (the lie), as we are unbecoming. Is it not The Light speaking of (endless advance) without measure as the ''whole'', which is not moved? If so, would the CERN revelation not actally be confirming the ''God'' particle, as it were, since this CERN revelation is just confirming the fact that our time is, as it were, unbecoming, and what CERN has measured is just the time which is beyond darkness? 

...just thinking out loud.

Sun, 09/25/2011 - 13:19 | 1706677 BlackholeDivestment
BlackholeDivestment's picture

P.S. ...to be precise, Light is definite. http://www.youtube.com/watch?v=drwM5jQvrpU

http://bible.cc/john/8-12.htm ...it is interesting to consider The Light. Is it possible for The Light to ...um http://bible.cc/revelation/18-4.htm ... have knowedge of the darkness and be seperate? http://bible.cc/luke/13-25.htm The Light (The Truth) is not a choice, every knee shall bow. http://bible.cc/matthew/6-10.htm

http://bible.cc/psalms/16-8.htm 

http://bible.cc/psalms/23-4.htm

How can there be an account for life beyond The Eternal Light, the revelation of our Father in Christ? Is not the sustaining law the revelation of the Light of Mercy, or, is the space time of The Eternal Light the revelation of our Father in Christ confirming The Eternal Light and The Eternal Truth of The Eternal Word in agreement? ...thereby the black hole is the eternal fallen claim of dominion, as it were, the bottomless pit or point of seperation from The Eternal Light, which is declaring the mark of time space for the Unbecoming among us in the space time we are now measuring is (slow/perishing) below or unbecoming? Are we not seeking to (be sustained) advance to the point of Eternity (The Light/Eternal Life)? Isn't The Eternal Light Energy the food sustaining Life? http://bible.cc/john/6-48.htm

 ...the loss (or the lost) CERN has (or would) discovered, as a result of seeking The Light (space time/measure), is (are) the revelation point  (darkness/the black hole) of call (gate of the star/worm hole) of the confirming Light (or beyond the point (space time) defining, as it were, the point within space time, or revelation. http://bible.cc/matthew/24-14.htm

 

Sat, 09/24/2011 - 12:30 | 1705276 caerus
caerus's picture

i have travelled from the future to warn you that lehman brothers will go bankrupt! wait, is this 2008?

Sat, 09/24/2011 - 14:35 | 1705661 Hulk
Hulk's picture

Meet me in 1913 at Jeckyl Island. I'll supply the Marines and the M14's...

Sun, 09/25/2011 - 12:12 | 1707614 tmosley
tmosley's picture

No need, just send back a single bullet.  Traveling at the speed of light, it should vaporize the whole island.

Sat, 09/24/2011 - 19:26 | 1706202 krispkritter
krispkritter's picture

I'll buy the lead and beers!

Sat, 09/24/2011 - 14:56 | 1705723 DaddyO
DaddyO's picture

 

+1

That is a great concept!!

DaddyO

Sat, 09/24/2011 - 13:37 | 1705490 Chappy
Chappy's picture

Nice...

Sat, 09/24/2011 - 12:18 | 1705249 JW n FL
JW n FL's picture

 

The fact that the silicon plug ins allow for passing around the sheep.. which would give someone the sense that a trade happened before it was public or time stamped knowledge.

it is all about the custom silicon baby.

if that is over everyones head.. typical.

"HFT has reached speeds faster than the speed-of-light"

http://seekingalpha.com/article/294862-high-frequency-trading-now-involves-time-travel

http://www.zerohedge.com/news/its-official-hft-breaks-speed-light-barrier-sets-trading-speed-world-record

 

Sat, 09/24/2011 - 12:14 | 1705246 par4
par4's picture

Cern is located in Switzerland and France not Italy. Now go fact check the rest of your screed.

Sat, 09/24/2011 - 12:27 | 1705285 godzila
godzila's picture

Actualy the "receiving end" (so to speak) of the exeriment is in Italy but CERN is defnitely on the Swiss/French border.

Sat, 09/24/2011 - 12:13 | 1705241 stant
stant's picture

its also means we can go back in time and kill those responsible for the other lies

Sat, 09/24/2011 - 12:09 | 1705231 EhKnowKneeMass
EhKnowKneeMass's picture

The smell/sound of a fart travels faster than light. Explain that, Einstein!!

Sat, 09/24/2011 - 15:28 | 1705792 MichaelG
MichaelG's picture

In one of Terry Pratchett's books he talks of how heredity monarchy is transmitted at FTL speeds.  When a reigning monarch dies, the heir simultaneously takes over.  He postulates this must be effected by transmission of elementary particles, called 'kingons' or 'queeons'.  (Sometimes simultaneous transmission is blocked by theoretical elementary particles, provisionally labelled 'republicons'.)

Sat, 09/24/2011 - 15:44 | 1705820 richard in norway
richard in norway's picture

nice to see a fellow fan

Sun, 09/25/2011 - 11:31 | 1707492 Mitzibitzi
Mitzibitzi's picture

I always rather liked, "People think light is the fastest thing in the multiverse. They're wrong. Dark is always there first!"

Wonder when "Raising Taxes" is coming out?

Sat, 09/24/2011 - 12:08 | 1705227 disabledvet
disabledvet's picture

Instead of "buy and hold" how about just holding then?

http://www.youtube.com/watch?v=5S-074WnATA&feature=player_detailpage

yep, ya got me there too. Even holding results in a penalty.

Sat, 09/24/2011 - 11:56 | 1705198 wombats
wombats's picture

"Bernanke is omnipotent. He has the means and the will to achieve lasting economic prosperity both in the USA  and the world."

I'm sure glad this is all cleared up now.  Maybe next week Benny can get to work on establishing world peace, ending hunger and discovery of the fountain of youth.

Benny, Timmy and Obomba never cease to amaze.

Sat, 09/24/2011 - 12:04 | 1705222 Kayman
Kayman's picture

Bernanke should get off his lilly white ass, put on a pair of gloves and do some real work.

Sat, 09/24/2011 - 11:54 | 1705187 utgolfer
utgolfer's picture

Well done Bruce, gave me some good laughs as I wait for college FB to kick off.

Sat, 09/24/2011 - 11:50 | 1705172 InconvenientCou...
InconvenientCounterParty's picture

"Increasing taxes is a viable solution to our problems."

Is that like "more revenue isn't a solution for more profit" false dichotomy?

Love your work, but that little chestnut harkens back to 1984 which started this debt hazard in the first place. Lies told to ones self are the most dangerous.

Sat, 09/24/2011 - 11:47 | 1705165 Father Lucifer
Father Lucifer's picture

Operator error

Sun, 09/25/2011 - 04:28 | 1706935 MsCreant
MsCreant's picture

Very Funny. 

Sat, 09/24/2011 - 11:41 | 1705145 malikai
malikai's picture

Nice Bruce, gave me a good laugh. Cheers man :)

Sat, 09/24/2011 - 11:38 | 1705130 Mr.Kowalski
Mr.Kowalski's picture

Well at least the inflation part might be right. Banks these days are looking for any liquidity they can get their hands on, and thus deflation is making a comeback. Gas is going south, as is gold and silver. Great for us serfs-- but not for business owners who might be cut off from the lines of credit they need to stay afloat. 

http://themeanoldinvestor.blogspot.com/2011/09/black-thursday-v20.html

Sat, 09/24/2011 - 12:02 | 1705215 Kayman
Kayman's picture

 What he's proposing is to tax the rich and use the money to provide jobs for his Union friends.

Well said, Mr K., well said.

Sat, 09/24/2011 - 11:38 | 1705129 MichaelG
MichaelG's picture

Stress tests are stressful.

Economic actors are rational.

They hate us for our freedom.

Sat, 09/24/2011 - 11:33 | 1705118 DeadFred
DeadFred's picture

Bruce, I've seen another 'always' go off course recently, the LIBOR OIS rate always goes up. We've had some dips recently after many weeks of straight line up. It's hard to believe they're getting liquidity under control so what's up? Random variation or are they finding ways to get around reporting the real rates so as not to spook the sheep?

Sat, 09/24/2011 - 11:55 | 1705189 Kayman
Kayman's picture

The City Bankers, who set LIBOR, have figured out that even if they won't lend to each other at any price, do not let anyone else know.  Ergo, LIBOR is a fraud.

Sat, 09/24/2011 - 11:32 | 1705106 DeweyLeon
DeweyLeon's picture

I can believe it's possible to move faster than light.  Hell, we inhabit a universe that allows for quantum mechanics. There ain't no weirder shit QM.

Sat, 09/24/2011 - 11:42 | 1705147 SofaPapa
SofaPapa's picture

I've never liked the speed of light.  Why should there be a "hard limit" in an infinite universe?  Similarly, what is outside the universe when we reach "the boundary" of the expanding body?  I am a scientist and believe in the scientific method.  But there is a place for God.  So far, I haven't seen better answers to these "limits of life" questions come from scientists than from religion.  Science has its limitations as well.

Sat, 09/24/2011 - 22:18 | 1706539 DosZap
DosZap's picture

Sofa,

How can there even be such a thing as TIME in an Infinite sense.........you cannot have time unless there is a beginning, and an end.

Neither of which is an attribute of infinity. Without beginning or end.

Time is for humans,time is a constraint on only this world, and the inhabitants therof.

Time is a linear measurement for us, but not GOD.

Sat, 09/24/2011 - 15:16 | 1705760 MichaelG
MichaelG's picture

" So far, I haven't seen better answers to these "limits of life" questions come from scientists than from religion.  Science has its limitations as well."

I liked your post and don't disagree with much of it. But I have to say the religious "answers" for me are just "more comforting guesswork". I don't disagree there is a place for God, because we're none of us qualified to make the claim nor counterclaim. The more pressing problem is that no religion is either.

Sat, 09/24/2011 - 17:43 | 1705840 SofaPapa
SofaPapa's picture

I absolutely agree.  It's funny when a person talks about God, what are we talking about?  I've always liked that bumper sticker that says, "God is too big to fit in any one religion".  The trouble we have with whatever the force is that started all this and maintains it (which is my view of God) is that people are hell-bent on telling everone else what he/she/it wants (pun intended).  The truth is that we don't know what God wants, and we never can.  He/She/It is too big, and we're too limited.  By my definition of God, it is God who brought Hitler into this world.  Anyone want to tell me why do that?!  But apparently it's part of the plan.  Why believe at all then?  Because I find it more comfortable to believe there is actually a reason for this hamster wheel we're on rather than random chance.  Otherwise, what's the point?  God is awesome.  Religions, on the other hand, have a mixed track record, just exactly as good as we humans who created them.

Sun, 09/25/2011 - 14:33 | 1708074 thegr8whorebabylon
thegr8whorebabylon's picture

There is a Jewish midrash that says God blew himself up into a gazillion bits in order to know (Him)self.

There's your big bang bro. 

Hitler, on the other hand is one of the infinite aspects of matter.

But in the end, matter doesn't matter, as just proven by Cern.

Sat, 09/24/2011 - 22:38 | 1706569 sgorem
sgorem's picture

"God is awesome" +7777777

Sat, 09/24/2011 - 18:41 | 1706122 MichaelG
MichaelG's picture

Thanks for your response.  The only thing I would say is don't be afraid of random chance!  We're also none of us qualified to tell whether we're subject to random chance or not, either.  It is a scary prospect that we might live in a meaningless Universe... but... but... do you have things in your life which MEAN something to you?  I'm sure you do: family, a sports team - I bet you have a longer list than I.  We know we DON'T live in a meaningless Universe purely on the basis of our own consciousnesses: our brains generate meaning.  (A deity adds nothing, and the possible absence of a deity takes nothing away.)

Sat, 09/24/2011 - 13:58 | 1705546 snowball777
snowball777's picture

I don't know what science you think you practice, but if you believe an "infinite universe" has a "boundary" you're likely less than qualified. Do you rail against the conservation of energy too?

The core difference between science and religion is that science doesn't claim not to have limits.

Smoke some weed and read some Spinoza, between the two, you'll probably feel better.

Sat, 09/24/2011 - 18:25 | 1706079 caerus
caerus's picture

agree about the weed and spinoza...but how bout the poincare conjecture?  isn't poincare's universe both infinite and bounded?

Sat, 09/24/2011 - 18:49 | 1706128 snowball777
snowball777's picture

Poincaré's conjecture was about topologies without boundary and would be more help to you, if it had been proven false, but spark up another fatty, grab your D&D dice, stare intently into the CMB data and you just might be right; the jury is still out on the dodecahedral connected space, but it sure sounds like a "good vibration". ;)

Sat, 09/24/2011 - 18:55 | 1706136 caerus
caerus's picture

thank you for that...was wondering about the dodecahedral space...it's been a while since i walked in jadwin hall...

i love it when the physics guys come out...peace!

Sat, 09/24/2011 - 11:51 | 1705177 Kayman
Kayman's picture

SofaPapa

I agree that the speed limit of the Universe (Multiverse/Inverse) can be challenged, that there is light that has yet to reach the earth, that our "boundaries" are self-imposed.

But is "God" really of our image, petty, angry, bloodthirsty yet forgiving ? The God of our religions looks a lot like us and our limitations.

 

 

 

 

Sat, 09/24/2011 - 12:29 | 1705292 Toxicosis
Toxicosis's picture

That's because humans have always invented 'God's' and 'Saviours'.  We made 'God' it did not make us.

Sat, 09/24/2011 - 13:07 | 1705393 mikla
mikla's picture

That's because humans have always invented 'God's' and 'Saviours'.

Agreed.

That's part of the problem with the current financial system.  "The Bernank" has been promoted to such a status, and it is we humans that are at fault (for delegating to him, and for accepting the results.)

I know your reference was in relation to religeon and mythology, but it is the same thing.

We made 'God' it did not make us.

Definition of terms:  As it relates to "above" (e.g., "The Bernank"), agreed.

As it relates to that "infinite energy/space/time" of which we are a part, we are a product.

Sat, 09/24/2011 - 11:37 | 1705127 DUNTHAT
DUNTHAT's picture

Quantum Mechanics is God's way of saying we don't know shit.!!!

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