So William Banzai surfaces again, his ardent Marxist Zionist lunacy spewing forth. Greeks are just victims, victims, victims. Never mind that they got into the Euro by cheating, anfd then went on a spectacular borrowing binge. Nope, not their fault at all.
It's all the fault of the hard working Germans, Finns, Lugans, Dutch, Austrians, Slovaks, and all the other hard working people of the Euro zone who are unwilling to fork over ever greater shares of their treasuries to fund the Marxist schemes of the Greeks.
Fuck the greedy banksters. They knew what the greeks were like BEFORE the money was loaned. Don't think they are stupid, they are evil, not stupid.
Not the fault of the people having to help the greeks out either, but what is their fault is sticking with governments that wanna throw their tax money into a bottomless pit.
Look at who is coming out of this in profit, then you know who to hang.
That one I like William. Put it in my folder. I wonder if Russians would like a few of those? Hey, though, remember this? Yeah, well forget trying to get one. I have some other coins lined up but we have a little problem. You have to physically carry only ten coins into country on declarations. Same shit all over. You can't trade valuable coins internationally easily anymore it seems. I will find a way.
These shitty people who think they control us are terrified of people like us and they should be.
Speaking of banker swine, I've been threatening to do this for a while, and now I'm going to do it, I swear, I really am!
I am doing a complete rewrite of "The Rocky Horror Picture Show" renamed and reimagined as "The Central Banker Horror Show." I now have the first half of the first song done - "Central Banker/Double Feature."
Isaac Newton was gone
when hard money went wrong
and the panics seized the land.
Jennings Bryant was there
in silver underwear,
Hayek was the invisible man.
Morgan set up the song
for a new kind of wrong
to catch all in a big paper jam.
With such a deadly style
it oozed from Jekyll Isle
And this is how the message ran…
Central Banker Double Feature
Doctor Keynes will build a creature.
See inflation eat Brad and Janet
As debt paper chokes the whole damn planet
Wo oh oh oh oh no,
At the global, Central Banker, Horror show.
I told you fuckers I was going to do it, but you all laughed at me. Why did you laugh at me? Now I have to do this, you bastards!
SAN FRANCISCO — An app called Premise is used to take pictures of food around the world, or to note the price of local goods.
Those seemingly mundane tasks, however, have given rise to a business that claims to spot price inflation in Brazil far faster than official sources can. Now the three-year-old start-up has drawn a prominent new backer.
Premise plans to announce this week that it has brought onLawrence H. Summers, the former Treasury secretary and Harvard president, as its newest board member.
The appointment is a something of a coup for the start-up, one of those in the vanguard of the so-called hyperdata movementthat collects scores of data points by harnessing new technology like smartphones and sophisticated analytics software.
Premise powers its services with roughly 16,000 users who employ its Android app to collect any number of data points and upload them for the company to analyze.
“What we see is that there’s a vast appetite for what the signals are on the ground,” David Soloff, Premise’s co-founder and chief executive, said in a telephone interview. “Intensely smart people have been working with radically insufficient data.”
That approach has yielded sometimes significant results. An arm of the United Nations found this year that Premise can compile a monthly foodconsumer price index for Brazil up to 25 days before the official government data can be tallied. Moreover, the company’s data showed a rise in inflation not captured by official records for several months.
And the World Bank is in the midst of a six-month pilot program with the start-up aimed at collecting data in Brazil, Indonesia and Nigeria. The purpose: to see whether alternative data sources can bolster official government work in developing countries.
Mr. Soloff added that his company’s product was being employed by government entities, which he declined to name, to provide additional — or corrective — information for official data like a consumer price index.
But Premise’s services are not used only by governments. Among the company’s other customers are financial companies like Standard Chartered, the British bank, as well as an unnamed merchant bank that Mr. Soloff said adjusted currency hedges daily using Premise data.
Business is expanding rapidly, according to Mr. Soloff. The company’s revenue growth has risen by more than 250 percent quarter over quarter, he said.
Premise is the third corporate board that Mr. Summers has joined; he previously held directorships at Lending Club, the marketplace lending company, and Square, the mobile payments services provider.
Mr. Summers was first introduced to Premise by Chamath Palihapitiya, the venture capitalist whose firm, the Social+Capital Partnership, participated in the start-up’s last financing round. Other backers include Google’s venture capital arm.
Of particular interest, Mr. Summers said in a telephone interview, was the potential to harvest more and better economic data more quickly to better shape policy decisions.
“Better, faster data can change the world,” Mr. Summers said. “Premise has the prospects of making an important contribution to that. That will be good for economics and for economies.”
Below are links to 2 podcasts on GeoSpacial Intelligence. Very serious analysis of Total Information Awareness, Smart Grid, Global Net etc. Who are the players, and what is the plan?
JADE HELM = US military Artificial Intelligent Battlefield Command 'entity' (quantum computer). This is about knowing EVERYTHING possible about EVERYTHING that's going on in the Planetosphere, ALL THE TIME.
Using obvious data mined sites like YouTube, FaceBook and Google, but also from 'smart sensors/dust (chemtrails?) to the entire internet traffic which is being recorded and stored by the NSA and other 'deep state' agencies. I believe CERN is in on this, attempting to discover 'parallel dimensions'. Think: 3D real time interrogateable and viewable avatar/holograms, mirroring what you are doing and thinking at all times, at the touch of a screen, or INSIDE your brain/senses/memory/thoughts, somewhere in cyberspace, and summonable at any designated node/terminal. Don't overlook the announcement of the US Command as part of NDAA2012 that the whole planet is now considered 'US Battlespace'.
"Of particular interest, Mr. Summers said in a telephone interview, was the potential to harvest more and better economic data more quickly to better shape policy decisions."
The world would be a far better place if there were no busybodies like Mr. Summers making "policy decisions" for the rest of us. What are we, a command economy? It is really high time to tar and feather all these planners and social engineers and ride them outta town.
Why is it that whenever I see/read/hear about the latest 'hyper' fad that guarantees one to get his 'fix' of data just that much faster, that the 'ole Timothy Leary phrase begins to ring in my ears...?
have you guys ever heard the one about the southern gent and the harvard jew who walk into a bar and...?
well, here it goes:
okay, so, not long ago certain events eclipsed; from their sequence and within their subsequence my lil manuscript found its way into the hands of a major harvard don. at first blush i saw within the possibilities afforded by this serendipitous turn of fortuna's wheel a great deal of symmetry and synthesis. i mentioned this in a post a while back; and for the sake of symmetry and story-telling janus feels obliged to suffix the afore mentioned predicate with it's climax and conclusion. but before fleshing out the details, i think it meet to here insert the moral of this lil anecdote.
the moral: gentlemen, this truly is a wizard of oz world. all these pathetic wire-pullers are laughably frail in intellect, spirit and talent. the further janus goes down the rabbit-hole, the more convinced he is that it's all by design and supremely deliberate. after all, why would power want to surround itself with genius when genius is its seminal threat? suffice it to say, it wouldn't. it's like that scene from julius ceasar "give me men about me who are bald, fat, sleek-headed and sleep o' nights...that young cassius has a lean and hungry look, he thinks too much. -- such men are dangerous." to which antony replies, "fear him not, caesar. he's a noble roman and well given." caesar wouldn't listen. caesar preferred the company of back-slappers, sycophants and sniveling nit-wits.
leading up to our meeting, janus reckoned it best if this professor understood that i wouldn't brook any criticisms relative to 'morality' nor 'ethics' nor my blaspheming all that is PC. if there were any comments of substance relative to literature and/or the craft of writing, i was all ears. janus did therefore make it abundantly clear that nothing whiffing of political correctness should enter into the discussion...if janus wants a priest, i'll find one (or he'll find me) -- but for the purposes of our interaction, such imbecility and preening should be checked at the door before we entered the bar. and so it was that i sent him the following email in preparation for our detente:
[Yes, we stalk a long, lonely & winding path; but mine is beset with a fetid & fecund filigree of thorny brambles and nettled briers. that is what happens when you make heresy your milieu; for you see, it isn't so much the assault on the people's gods that rankles them so, it is instead the erosion of faith in their essence. this is what the ancient greeks taught me -- if a concept governing human conduct is valid, its criteria must hold water -- no matter the elements of informing its specific dialectic. that is to say, if a concept isn't universally true, it is arbitrary...that is how you sift 'philosophy' from 'sophistry', and then you reduce the former down to its essence in the crucible of experience.
i present this principal to soften my comments regarding xxxxxx, a town for which i retain (believe whatever you will) a great deal of affection. naturally, someone like me is gonna make many folks in xxxxxx very nervous...with my accent, name, military background, powerful & persuasive voice, heretical thinking and failure to attend regular meetings of GLAD, SDS or CWP, i reckon many in xxxxxx were incubating some unfavorable assumptions regarding yours truly. believe me, i knew what kind of power resides in xxxxxx -- and knew it long before i arrived. never mind the cab...what better vehicle could there be to contrast hick-stick, alabama than xxxxxx, mass? and, to be honest, i expected worse treatment than i received. and although many in xxxxxx kept me at arm's length; none ever treated me contemptibly. i was treated fairly. i received much kindness. made a few friends.
that being said, i have high expectations of high-wattage minds...it's one thing to let the simple-minded rubes in alabama worship at their alter of jingoism and hostility (down there, they call it 'christianity'), but when people advertise themselves to be enlightened and open-minded, i am the type that investigates such claims. let me think of a recent example of the kinds of discourse that makes xxxxxxians very nervous...oh! -- perfect:
so, last time i was driving some highly intelligent young people from xxxxxx to a bar in brighton, the subject of the confederate flag came percolating up. and here's what you do to ensnare sophistry while it breaths: you bait the sophistry in, letting it feel nice and settled under the veneer of its preening authority, and then you apply another set of criteria to the brittle concept. after acknowledging that the flag was of sentimental importance to me, but that the feelings and sensitivities of others is a more important consideration, i solicited their opinion on another standard, "okay, then, bright-minded and young xxxxxxians, this flag is indeed offensive to a considerable number of african americans...and the moral weight of your argument is unassailable. now, extending the principal, and considering that the rebel flag is only offensive to a dozen or so millions, by several orders of magnitude more are the numbers of those who find the israeli flag offensive. 1.2 billion+ esteem that banner to be a symbol of every wickedness under the sun. and so, which flag should come down and which should stay flapping? one, none or both?"
look, i get it, Socrates was killed for this exact thing...as were many, many more who followed his footsteps into the fray. be that as it may, i simply cannot help myself -- such is the salt with which fresh-baked mirth is flavored.]
back to the story:
so we meet and it's immediately clear to janus that this harvard prof. does not like me one bit. he needs about four to five inches to meet my gaze at the level, and i suspected that this was his first trigger...and when he sees that two sets of his shoulders could be squeezed betwixt janus', the situation was not improved...upon observing my easy way with people of every station, that i was not some craven and introverted 'intellectual', but instead a regular-joe who happened to be gifted with prose...well, all this was further exacerbated by the pretty girls passing and smiling; sure, his observations were aggravating this swelling hatred into throbbing boil, but he could'a been a bit more subtle in his loathing...but, in the end, i suspect it was the hair that did it -- under his chapo were the wilting wisps of shriveled follicles bereft of strands since his early twenties...and before him sat janus, with lion's main floating in the breeze (we decided to sit outdoors).
a little birdie told me what would transpire, but i prefer to give all things the benefit of the doubt -- even something so slimy as a harvard don. when dealing with the small of spirit and stature and substance, it is important to comport one's self with a deferential manner...always be the bigger person, and forever demonstrate that they are in all ways beneath your station -- no matter the station accorded their 'accomplishments'.
with respect to complements, i've come to accept the rejections from this 'meritocracy' as big and fulsome ostrich feathers amassing in my thinking-cap. in a world where bruce jenner is a hero, hitlery an inspiration to amorican girls, all of art denatured of its essence, a world where productive work is punished and perfidy pampered, and success a function of subservience to profound wickedness, the man of honor should take heart.
but tis oft the case that gut-checks from harvard must be nursed with beers and a process of refortification...that which doesn't kill you can only make you stronger. and so it is that my beer-fueled event-metabolizing, ruminating and cogitating have -- as of today -- wrought inside jauns a renewed and growing strength. i have to remind myself that the present-tense is crumbling at an alarming rate; the first ones now shall later be last -- for the times, they are a' changin (fast). it is very much like standing ankle deep in the shifting tides: a wave enters, you feel the force of its entrance, and if you were unfamiliar with waves, you'd think that its entrance and force and volume were a matter of permanence; but for those familiar with waves and the days of men, it is well-understood that high-tide signals a precipitous decline...moreover, the pressure sucking it back into the sea is greater than that which sent it crashing onto your feet.
i'd love to break-down the particulars of that conversation and all that transpired, but i'll squeeze the matter into a ball and present its condensed nugget:
to be fair, the harvard don was -- in certain ways -- extremely complementary. much praise in certain ways, but his criticisms were for janus a strange befuddlement. i asked him for an example. it's so funny watching a keen reader (inflamed with envy (after all, those who can't, teach)), read your prose and within him recognize the sense that he was indeed reviewing the raw ore of giftedness...it must've compounded things infinitely, his hatred was really starting to manifest itself in twisted grimaces and darting glances.
in effect, he told me that my language was too beautiful; that it was reminiscent of the victorian age; that i should write more like a journalist; that it was my duty to take my talents and hide them under a bushel...to be more like him and his buddies.
he told me this story of a former 'journalist' who'd started obeying the conditioning of those harvard dons...and that now he's a well-read hack within a sclerotic circle-jerk of acamadicians, has a slam-poet ghetto queen for a wife, and lives the grand life of a foppish dilettante. if this was to be an enticement to be more harvard, janus wasn't taking the bait. in point of fact, i can think of nothing of which i'd prefer to serve as antithesis. there is a reason people don't read anymore, and it ain't these silly gadgets...it's instead because of this harvard-like process of deconstruction, homogenization and sterilization. it has destroyed lit; and janus wants no part of it.
he furthermore told me that i am not permitted the writing of polemics; that (and i quote), "barney frank is allowed to write polemics...but who are you?" well, we shall see who i am; as for mr. frank, he should instead busy himself with apology letters to the underage male prostitutes that were rented from his basement.
harvard, look upon janus and despair.
time for a smoke break, a few songs, and then the conclusion:
https://www.youtube.com/watch?v=J1N8GtDkYfQ https://www.youtube.com/watch?v=qnDo6mR6fp8 https://www.youtube.com/watch?v=X3_qUDwF-Ns our meeting was concluded with a final exchange: harvard prof., "janus, i can't take you on." janus, (chuckles in baratone, laced with an inflection of arrogance), "oh, prof., i know you can't take me on."the prof. then took my full beer, emptied half into his glass, raised a glass to toast, "to world peace."janus, "l'chaim!" as he walked away, i said something in parting, "harvard prof. let me share with you a piece of Faulkner apocrypha. it is said that, on the day of his eldest daughter's catilian, she came to find the artist sitting on his porch preparing to unscrew a fresh bottle of jack and greet the sun with a shot of the sauce. she then pleaded, 'daddy, please don't get drunk today. this is my coming out party. blah, blah, blah.' Faulkner looked back at her, then at the rising sun, and then at his empty rocker-glass and said, 'darling, no body remembers Shakespeare's daughters.' now, harvard prof., that's some cruel shit, way crueler than anything i'm capable of, but i tell that story to illustrate a larger point." harvard prof.: "what's that?" janus: "no body remembers harvard profs." maybe after work i'll tell part two of this story. it involves the meeting of a very gifted and accomplished musician almost immediately after watching harvard skulk way in shame. it was a meeting that might lead to 'something'; as we made fast friends, long before i knew of his merit-based accomplishments (outside of academia -- for the people -- in the market place) or heard him later play. the night was then concluded with the company of a dozen or so germans, a beautiful frauline and the rape of her lock, a wrestling match with a professional squash player recently released from german special ops (dude busted out 15!!! one arm push-ups and blasted janus' ego to smithereens -- couldn't even do one after watching that...and that's the difference betwixt janus and harvard, i encourage speicalness when i see it, i don't envy it and seek to destroy it)...anyway, german dude ended up bustin my lip. no biggie. i was like sixteen beers in at the time, anyway. shit happens.deutchland is seeming more and more special every day...a nation that cares for its citizens -- how fuckin crazy is that?https://www.youtube.com/watch?v=Wz_DNrKVrQ8and another one down/and another one down/another one bites the dust/hey, i'm gonna get you, too!,janus
"in a world where bruce jenner is a hero, hitlery an inspiration to amorican girls, all of art denatured of its essence, a world where productive work is punished and perfidy pampered, and success a function of subservience to profound wickedness, the man of honor should take heart."
if the people only understood the thinking at harvard...i joke and call them do-gooders; but, my friend, they are anything but. their thinking is sinister and algorithmic...pennies per pound to infinity, till there's nothing left of neither.
the situation at harvard reminds me of a quote from the NT, "if the light that is within you is darkness; how great, then, is that darkenss?"
but it's very easy to beat robot thinking...robot thinking is inelegant and irrevocably bound to the principal of pattern recognition. to beat the robots, one only need establish a pattern, smash it, create a new pattern, smash and divert again...patterns per pound of robot flesh, till there's nothing left of neither.
sorry for the lack of spacing in the last part of that...something happened with the settings or font or whatever and i can't edit it...tried three times.
fuck it.
those to whom it's addressed will read it -- this i know for sure.
i can't remember a time in this animal farm where Ned wasn't rootin around for acorns and janus wasn't cock-a-doodle-doin' all over the barnyard. i recall, back in the early days, that Ned didn't quite know what to make of janus...and, Ned, you were never shy in letting me know. and even though i would (especially back then) wickedly eviscerate those i deemed to be haters, i never wanted to fight with you...your comments -- though not always favorable -- were at least witty; and wit goes a long way with me. wit is never the product of malice; and so whatever form it assumes (whether complementary or cagey), i take it in stride and will respond in kind (hopefully).
i'd say sorry, apologize and all that jazz, but there aren't terabytes enough on the interwebs...not enough space for the enterprise in all the hard-drives put together. it doesn't matter, anyway...i've got to learn to forgive myself; and that starts with never having to say i'm sorry -- they say that's what love is: impenitence. so consider me boundless in measures of both love and shamelessness; for they are, apparently, one in the same. in the same way time is money; love is the presumption of forgiveness. and, to ZHealots and all peoples of all the world, i unreservedly accept your forgiveness for everything ever posted on Zero Hedge.
as regards dead frogs, their wit and their lit, janus could spend years...but your comment brings to mind a bit of my conversation with mr. harvard that i omitted above.
janus, "so, prof., who are the world's greatest writers: the russians or the french?"
harvard didn't hesitate, "the russians...no question."
janus: "good answer."
notice, Ned, i said 'good' answer, not 'correct' answer...in that there's a difference. it was a 'good' answer in that it met with my expectation...and when a man like that answers a question like that in a reflexive and thoughtless way, i feel i am in total possession of him...let me put it like this, had that lil detente continued much longer, janus would've been in full game-mode, and mr. harvard would've been scheduling some appointments with his favorite head-shrinker. now, when it comes to the medium of the novel, i will concede that the two greatest of the russian greats are greater than the two greatest of the french greats; however, on balance, and considering the sheer mass of peerless genius gifted to the world from gaul, the blue ribbon goes to les blues. i mean, not just lit -- world-class philosophy, essays, poetry, theology, treatises...and, to bring this full circle, the french had wit/the slavs...not so much. hell, "In Search of Lost Time" was, in places, some of the funniest shit i've ever read. and to really cement this point, it was, for two centuries -- those which happened to comprise russia's belle epoch, their most fruitful years of high-art -- the russians who attempted to adopt french culture; not the other way round. that might sting, mr. harvard...but expect no apologies.
dead frogs are some of my best friends, Ned...and they never say sorry; except in cases of acute irony (or legitimate wit).
through the years, these have been some fun times on the Hedge, my friend. and, think what you may of my lil stylistic alter-ego...i'm not so bad in person in person (except under the influence of brown liquor...esp bourbon).
I knew you were gonna take on THAT piece of low hanging fruit, WB, but I saw a swastika in place of the Iron Cross - your euro is much, much better, which is why you are the visual combat black belt holder.
Meeh.Graphically god as always but non-Europeans tend to get things wrong. They always confuse cause and consequence.
For the balance it should include a warning to the Greeks (their politicians) - if you don´t wanna get yourselves into crippling debt - don´t take all those loans. I always also miss the story on where did those monies go...? Productive investments or just a corrupt binge for politicians that see themselves as God-like creatures that have finally cast off the shackles of reality.
Of course the lenders want their money back with reasonable interest. That´s the way it works. Welfare projects never worked.
The reality is that the rest of Europe are not liable for keeping the Greeks in the lifestyle of their own choosing.
Don´t diss Wagner , bro. One of the greatest composers,ever.
And by the way...these days it´s not us that keep invading other countries. Ask Hillary how she sees the world.Actually Europe is currently being flooded by all kinds of people out of Africa thanks to Uncle Whiskers.
So William Banzai surfaces again, his ardent Marxist Zionist lunacy spewing forth. Greeks are just victims, victims, victims. Never mind that they got into the Euro by cheating, anfd then went on a spectacular borrowing binge. Nope, not their fault at all.
It's all the fault of the hard working Germans, Finns, Lugans, Dutch, Austrians, Slovaks, and all the other hard working people of the Euro zone who are unwilling to fork over ever greater shares of their treasuries to fund the Marxist schemes of the Greeks.
Lazy good for nuttin Marxist Greeks, throw them all into the Deutsche Bank bratwurst oven and set the temperature to bankster bailout!
Two serious disciplines indeed: Confused and Moron
Fuck the greedy banksters. They knew what the greeks were like BEFORE the money was loaned. Don't think they are stupid, they are evil, not stupid.
Not the fault of the people having to help the greeks out either, but what is their fault is sticking with governments that wanna throw their tax money into a bottomless pit.
Look at who is coming out of this in profit, then you know who to hang.
It amazes me that there are people who still do not understand this. Either that or they are just bankster shills.
That one I like William. Put it in my folder. I wonder if Russians would like a few of those? Hey, though, remember this? Yeah, well forget trying to get one. I have some other coins lined up but we have a little problem. You have to physically carry only ten coins into country on declarations. Same shit all over. You can't trade valuable coins internationally easily anymore it seems. I will find a way.
These shitty people who think they control us are terrified of people like us and they should be.
Peace
or the four horsemen of the apocalypse
She seeks Grecian fodder for her banker swine.
Speaking of banker swine, I've been threatening to do this for a while, and now I'm going to do it, I swear, I really am!
I am doing a complete rewrite of "The Rocky Horror Picture Show" renamed and reimagined as "The Central Banker Horror Show." I now have the first half of the first song done - "Central Banker/Double Feature."
Isaac Newton was gone
when hard money went wrong
and the panics seized the land.
Jennings Bryant was there
in silver underwear,
Hayek was the invisible man.
Morgan set up the song
for a new kind of wrong
to catch all in a big paper jam.
With such a deadly style
it oozed from Jekyll Isle
And this is how the message ran…
Central Banker Double Feature
Doctor Keynes will build a creature.
See inflation eat Brad and Janet
As debt paper chokes the whole damn planet
Wo oh oh oh oh no,
At the global, Central Banker, Horror show.
I told you fuckers I was going to do it, but you all laughed at me. Why did you laugh at me? Now I have to do this, you bastards!
LETS DO THE SUBPRIME WARP AGAIN
It's astounding
Markets are fleeting
Keynesian madness takes its toll
But listen closely
Not for very much longer
We've got to regain fraudulent control
I remember doing the Subprime Warp
Drinking those moments when
Moral hazard would skip past me
And the greed would be calling
Let's do the Subprime Warp again
Let's do the Subprime Warp again
It's just a CDO jump to the left
And then a ZIRP step to the right
With your hands on your FIAT hips
You bring your toxic tranches in tight
But it's the QE thrust
That really drives you insane
Let's do the Subprime Warp again
Let's do the Subprime Warp again
It's so dreamy
Oh, Lord Keynes free me
So you can't see me
No, not at all
In another financial dimension
With decidedly fraudulent intentions
Well deluded, I see all
With a bit of a REPO flip
You're into a Lehman slip
And nothing can ever be the same
You're spaced out on Quantitative Qualudes
Like you're under sedation
Let's do the Subprime Warp again
Let's do the Subprime Warp again
Well I was walking down the street
Just a having a think
When a snake of a Squid gave me an evil wink
He shook-a me up, he took my wallet by surprise
He had a Porsche pick up truck and the devil's eyes
He stared at me and I felt a change
Time value meant nothing, never would again
Let's do the Subprime Warp again
Let's do the Subprime Warp again
It's just a CDO jump jump to the left
And then a ZIRP step to the right
With your hands on your Fiat hips
You bring your Toxic Tranches in tight
But it's the QE thrust
That really drives you insane
Let's do the Subprime Warp again
Let's do the Subprime Warp again.
Quantitative Qualudes? is this the Cosby economy? just lay back America, you are about to get screwed?
Not bad for start. Sharpen your pencil.
Janet Yellen singing "QE QE QE QE, I want to print MONEY! QE QE QE QE, It just feels so right!"
Varoufakis as Rocky Horror.
Ideas, yes, I have ideas...
Feuer frei !
See that big 'E' above her head...?
'Essen mein schwanz'...
die frau tragt nicht kravatten.
http://www.nytimes.com/2015/07/16/business/dealbook/lawrence-summers-to-...
SAN FRANCISCO — An app called Premise is used to take pictures of food around the world, or to note the price of local goods.
Those seemingly mundane tasks, however, have given rise to a business that claims to spot price inflation in Brazil far faster than official sources can. Now the three-year-old start-up has drawn a prominent new backer.
Premise plans to announce this week that it has brought onLawrence H. Summers, the former Treasury secretary and Harvard president, as its newest board member.
The appointment is a something of a coup for the start-up, one of those in the vanguard of the so-called hyperdata movementthat collects scores of data points by harnessing new technology like smartphones and sophisticated analytics software.
Premise powers its services with roughly 16,000 users who employ its Android app to collect any number of data points and upload them for the company to analyze.
“What we see is that there’s a vast appetite for what the signals are on the ground,” David Soloff, Premise’s co-founder and chief executive, said in a telephone interview. “Intensely smart people have been working with radically insufficient data.”
That approach has yielded sometimes significant results. An arm of the United Nations found this year that Premise can compile a monthly foodconsumer price index for Brazil up to 25 days before the official government data can be tallied. Moreover, the company’s data showed a rise in inflation not captured by official records for several months.
And the World Bank is in the midst of a six-month pilot program with the start-up aimed at collecting data in Brazil, Indonesia and Nigeria. The purpose: to see whether alternative data sources can bolster official government work in developing countries.
Mr. Soloff added that his company’s product was being employed by government entities, which he declined to name, to provide additional — or corrective — information for official data like a consumer price index.
But Premise’s services are not used only by governments. Among the company’s other customers are financial companies like Standard Chartered, the British bank, as well as an unnamed merchant bank that Mr. Soloff said adjusted currency hedges daily using Premise data.
Business is expanding rapidly, according to Mr. Soloff. The company’s revenue growth has risen by more than 250 percent quarter over quarter, he said.
Premise is the third corporate board that Mr. Summers has joined; he previously held directorships at Lending Club, the marketplace lending company, and Square, the mobile payments services provider.
Mr. Summers was first introduced to Premise by Chamath Palihapitiya, the venture capitalist whose firm, the Social+Capital Partnership, participated in the start-up’s last financing round. Other backers include Google’s venture capital arm.
Of particular interest, Mr. Summers said in a telephone interview, was the potential to harvest more and better economic data more quickly to better shape policy decisions.
“Better, faster data can change the world,” Mr. Summers said. “Premise has the prospects of making an important contribution to that. That will be good for economics and for economies.”
poor Larry he really doesn't get it, if you don't like the data you fix it to accomodate your policy.
“Better, faster data can change the world,”
Below are links to 2 podcasts on GeoSpacial Intelligence. Very serious analysis of Total Information Awareness, Smart Grid, Global Net etc. Who are the players, and what is the plan?
JADE HELM = US military Artificial Intelligent Battlefield Command 'entity' (quantum computer). This is about knowing EVERYTHING possible about EVERYTHING that's going on in the Planetosphere, ALL THE TIME.
Using obvious data mined sites like YouTube, FaceBook and Google, but also from 'smart sensors/dust (chemtrails?) to the entire internet traffic which is being recorded and stored by the NSA and other 'deep state' agencies. I believe CERN is in on this, attempting to discover 'parallel dimensions'. Think: 3D real time interrogateable and viewable avatar/holograms, mirroring what you are doing and thinking at all times, at the touch of a screen, or INSIDE your brain/senses/memory/thoughts, somewhere in cyberspace, and summonable at any designated node/terminal. Don't overlook the announcement of the US Command as part of NDAA2012 that the whole planet is now considered 'US Battlespace'.
http://caravantomidnight.com/caravan-to-midnight-episode-309-dj/
http://caravantomidnight.com/caravan-to-midnight-episode-326-dj/
(Worth the subscription)
"Of particular interest, Mr. Summers said in a telephone interview, was the potential to harvest more and better economic data more quickly to better shape policy decisions."
The world would be a far better place if there were no busybodies like Mr. Summers making "policy decisions" for the rest of us. What are we, a command economy? It is really high time to tar and feather all these planners and social engineers and ride them outta town.
Why is it that whenever I see/read/hear about the latest 'hyper' fad that guarantees one to get his 'fix' of data just that much faster, that the 'ole Timothy Leary phrase begins to ring in my ears...?
have you guys ever heard the one about the southern gent and the harvard jew who walk into a bar and...?
well, here it goes:
okay, so, not long ago certain events eclipsed; from their sequence and within their subsequence my lil manuscript found its way into the hands of a major harvard don. at first blush i saw within the possibilities afforded by this serendipitous turn of fortuna's wheel a great deal of symmetry and synthesis. i mentioned this in a post a while back; and for the sake of symmetry and story-telling janus feels obliged to suffix the afore mentioned predicate with it's climax and conclusion. but before fleshing out the details, i think it meet to here insert the moral of this lil anecdote.
the moral: gentlemen, this truly is a wizard of oz world. all these pathetic wire-pullers are laughably frail in intellect, spirit and talent. the further janus goes down the rabbit-hole, the more convinced he is that it's all by design and supremely deliberate. after all, why would power want to surround itself with genius when genius is its seminal threat? suffice it to say, it wouldn't. it's like that scene from julius ceasar "give me men about me who are bald, fat, sleek-headed and sleep o' nights...that young cassius has a lean and hungry look, he thinks too much. -- such men are dangerous." to which antony replies, "fear him not, caesar. he's a noble roman and well given." caesar wouldn't listen. caesar preferred the company of back-slappers, sycophants and sniveling nit-wits.
leading up to our meeting, janus reckoned it best if this professor understood that i wouldn't brook any criticisms relative to 'morality' nor 'ethics' nor my blaspheming all that is PC. if there were any comments of substance relative to literature and/or the craft of writing, i was all ears. janus did therefore make it abundantly clear that nothing whiffing of political correctness should enter into the discussion...if janus wants a priest, i'll find one (or he'll find me) -- but for the purposes of our interaction, such imbecility and preening should be checked at the door before we entered the bar. and so it was that i sent him the following email in preparation for our detente:
[Yes, we stalk a long, lonely & winding path; but mine is beset with a fetid & fecund filigree of thorny brambles and nettled briers. that is what happens when you make heresy your milieu; for you see, it isn't so much the assault on the people's gods that rankles them so, it is instead the erosion of faith in their essence. this is what the ancient greeks taught me -- if a concept governing human conduct is valid, its criteria must hold water -- no matter the elements of informing its specific dialectic. that is to say, if a concept isn't universally true, it is arbitrary...that is how you sift 'philosophy' from 'sophistry', and then you reduce the former down to its essence in the crucible of experience.
i present this principal to soften my comments regarding xxxxxx, a town for which i retain (believe whatever you will) a great deal of affection. naturally, someone like me is gonna make many folks in xxxxxx very nervous...with my accent, name, military background, powerful & persuasive voice, heretical thinking and failure to attend regular meetings of GLAD, SDS or CWP, i reckon many in xxxxxx were incubating some unfavorable assumptions regarding yours truly. believe me, i knew what kind of power resides in xxxxxx -- and knew it long before i arrived. never mind the cab...what better vehicle could there be to contrast hick-stick, alabama than xxxxxx, mass? and, to be honest, i expected worse treatment than i received. and although many in xxxxxx kept me at arm's length; none ever treated me contemptibly. i was treated fairly. i received much kindness. made a few friends. that being said, i have high expectations of high-wattage minds...it's one thing to let the simple-minded rubes in alabama worship at their alter of jingoism and hostility (down there, they call it 'christianity'), but when people advertise themselves to be enlightened and open-minded, i am the type that investigates such claims. let me think of a recent example of the kinds of discourse that makes xxxxxxians very nervous...oh! -- perfect: so, last time i was driving some highly intelligent young people from xxxxxx to a bar in brighton, the subject of the confederate flag came percolating up. and here's what you do to ensnare sophistry while it breaths: you bait the sophistry in, letting it feel nice and settled under the veneer of its preening authority, and then you apply another set of criteria to the brittle concept. after acknowledging that the flag was of sentimental importance to me, but that the feelings and sensitivities of others is a more important consideration, i solicited their opinion on another standard, "okay, then, bright-minded and young xxxxxxians, this flag is indeed offensive to a considerable number of african americans...and the moral weight of your argument is unassailable. now, extending the principal, and considering that the rebel flag is only offensive to a dozen or so millions, by several orders of magnitude more are the numbers of those who find the israeli flag offensive. 1.2 billion+ esteem that banner to be a symbol of every wickedness under the sun. and so, which flag should come down and which should stay flapping? one, none or both?" look, i get it, Socrates was killed for this exact thing...as were many, many more who followed his footsteps into the fray. be that as it may, i simply cannot help myself -- such is the salt with which fresh-baked mirth is flavored.] back to the story: so we meet and it's immediately clear to janus that this harvard prof. does not like me one bit. he needs about four to five inches to meet my gaze at the level, and i suspected that this was his first trigger...and when he sees that two sets of his shoulders could be squeezed betwixt janus', the situation was not improved...upon observing my easy way with people of every station, that i was not some craven and introverted 'intellectual', but instead a regular-joe who happened to be gifted with prose...well, all this was further exacerbated by the pretty girls passing and smiling; sure, his observations were aggravating this swelling hatred into throbbing boil, but he could'a been a bit more subtle in his loathing...but, in the end, i suspect it was the hair that did it -- under his chapo were the wilting wisps of shriveled follicles bereft of strands since his early twenties...and before him sat janus, with lion's main floating in the breeze (we decided to sit outdoors). a little birdie told me what would transpire, but i prefer to give all things the benefit of the doubt -- even something so slimy as a harvard don. when dealing with the small of spirit and stature and substance, it is important to comport one's self with a deferential manner...always be the bigger person, and forever demonstrate that they are in all ways beneath your station -- no matter the station accorded their 'accomplishments'. with respect to complements, i've come to accept the rejections from this 'meritocracy' as big and fulsome ostrich feathers amassing in my thinking-cap. in a world where bruce jenner is a hero, hitlery an inspiration to amorican girls, all of art denatured of its essence, a world where productive work is punished and perfidy pampered, and success a function of subservience to profound wickedness, the man of honor should take heart. but tis oft the case that gut-checks from harvard must be nursed with beers and a process of refortification...that which doesn't kill you can only make you stronger. and so it is that my beer-fueled event-metabolizing, ruminating and cogitating have -- as of today -- wrought inside jauns a renewed and growing strength. i have to remind myself that the present-tense is crumbling at an alarming rate; the first ones now shall later be last -- for the times, they are a' changin (fast). it is very much like standing ankle deep in the shifting tides: a wave enters, you feel the force of its entrance, and if you were unfamiliar with waves, you'd think that its entrance and force and volume were a matter of permanence; but for those familiar with waves and the days of men, it is well-understood that high-tide signals a precipitous decline...moreover, the pressure sucking it back into the sea is greater than that which sent it crashing onto your feet. i'd love to break-down the particulars of that conversation and all that transpired, but i'll squeeze the matter into a ball and present its condensed nugget: to be fair, the harvard don was -- in certain ways -- extremely complementary. much praise in certain ways, but his criticisms were for janus a strange befuddlement. i asked him for an example. it's so funny watching a keen reader (inflamed with envy (after all, those who can't, teach)), read your prose and within him recognize the sense that he was indeed reviewing the raw ore of giftedness...it must've compounded things infinitely, his hatred was really starting to manifest itself in twisted grimaces and darting glances. in effect, he told me that my language was too beautiful; that it was reminiscent of the victorian age; that i should write more like a journalist; that it was my duty to take my talents and hide them under a bushel...to be more like him and his buddies. he told me this story of a former 'journalist' who'd started obeying the conditioning of those harvard dons...and that now he's a well-read hack within a sclerotic circle-jerk of acamadicians, has a slam-poet ghetto queen for a wife, and lives the grand life of a foppish dilettante. if this was to be an enticement to be more harvard, janus wasn't taking the bait. in point of fact, i can think of nothing of which i'd prefer to serve as antithesis. there is a reason people don't read anymore, and it ain't these silly gadgets...it's instead because of this harvard-like process of deconstruction, homogenization and sterilization. it has destroyed lit; and janus wants no part of it. he furthermore told me that i am not permitted the writing of polemics; that (and i quote), "barney frank is allowed to write polemics...but who are you?" well, we shall see who i am; as for mr. frank, he should instead busy himself with apology letters to the underage male prostitutes that were rented from his basement. harvard, look upon janus and despair. time for a smoke break, a few songs, and then the conclusion: https://www.youtube.com/watch?v=J1N8GtDkYfQhttps://www.youtube.com/watch?v=qnDo6mR6fp8
https://www.youtube.com/watch?v=X3_qUDwF-Ns
our meeting was concluded with a final exchange:
harvard prof., "janus, i can't take you on."
janus, (chuckles in baratone, laced with an inflection of arrogance), "oh, prof., i know you can't take me on." the prof. then took my full beer, emptied half into his glass, raised a glass to toast, "to world peace." janus, "l'chaim!"
as he walked away, i said something in parting, "harvard prof. let me share with you a piece of Faulkner apocrypha. it is said that, on the day of his eldest daughter's catilian, she came to find the artist sitting on his porch preparing to unscrew a fresh bottle of jack and greet the sun with a shot of the sauce. she then pleaded, 'daddy, please don't get drunk today. this is my coming out party. blah, blah, blah.' Faulkner looked back at her, then at the rising sun, and then at his empty rocker-glass and said, 'darling, no body remembers Shakespeare's daughters.' now, harvard prof., that's some cruel shit, way crueler than anything i'm capable of, but i tell that story to illustrate a larger point."
harvard prof.: "what's that?"
janus: "no body remembers harvard profs."
maybe after work i'll tell part two of this story. it involves the meeting of a very gifted and accomplished musician almost immediately after watching harvard skulk way in shame. it was a meeting that might lead to 'something'; as we made fast friends, long before i knew of his merit-based accomplishments (outside of academia -- for the people -- in the market place) or heard him later play. the night was then concluded with the company of a dozen or so germans, a beautiful frauline and the rape of her lock, a wrestling match with a professional squash player recently released from german special ops (dude busted out 15!!! one arm push-ups and blasted janus' ego to smithereens -- couldn't even do one after watching that...and that's the difference betwixt janus and harvard, i encourage speicalness when i see it, i don't envy it and seek to destroy it)...anyway, german dude ended up bustin my lip. no biggie. i was like sixteen beers in at the time, anyway. shit happens. deutchland is seeming more and more special every day...a nation that cares for its citizens -- how fuckin crazy is that? https://www.youtube.com/watch?v=Wz_DNrKVrQ8 and another one down/ and another one down/ another one bites the dust/ hey, i'm gonna get you, too!, janus
Excellant ZH rant janus ! Beautiful stuff.
"in a world where bruce jenner is a hero, hitlery an inspiration to amorican girls, all of art denatured of its essence, a world where productive work is punished and perfidy pampered, and success a function of subservience to profound wickedness, the man of honor should take heart."
Love your alliteration.
see my post above.
if the people only understood the thinking at harvard...i joke and call them do-gooders; but, my friend, they are anything but. their thinking is sinister and algorithmic...pennies per pound to infinity, till there's nothing left of neither.
the situation at harvard reminds me of a quote from the NT, "if the light that is within you is darkness; how great, then, is that darkenss?"
but it's very easy to beat robot thinking...robot thinking is inelegant and irrevocably bound to the principal of pattern recognition. to beat the robots, one only need establish a pattern, smash it, create a new pattern, smash and divert again...patterns per pound of robot flesh, till there's nothing left of neither.
https://www.youtube.com/watch?v=AzlMeTxVdH8
it's demanding/
to defeat those evil machines.
janus
sorry for the lack of spacing in the last part of that...something happened with the settings or font or whatever and i can't edit it...tried three times.
fuck it.
those to whom it's addressed will read it -- this i know for sure.
u ought to be sorry for a lot more than that ;-)
"I'm sorry that this letter is so long, I didn't have time to shorten it" I think attributable to La Rochefoucould or some dead frog.
I was a young piglet when I started reading these posts.
- Ned
i can't remember a time in this animal farm where Ned wasn't rootin around for acorns and janus wasn't cock-a-doodle-doin' all over the barnyard. i recall, back in the early days, that Ned didn't quite know what to make of janus...and, Ned, you were never shy in letting me know. and even though i would (especially back then) wickedly eviscerate those i deemed to be haters, i never wanted to fight with you...your comments -- though not always favorable -- were at least witty; and wit goes a long way with me. wit is never the product of malice; and so whatever form it assumes (whether complementary or cagey), i take it in stride and will respond in kind (hopefully).
https://www.youtube.com/watch?v=Nh11A41klL4&list=PL46681F999D764B12
https://www.youtube.com/watch?v=-LCsiWL6gn0
i'd say sorry, apologize and all that jazz, but there aren't terabytes enough on the interwebs...not enough space for the enterprise in all the hard-drives put together. it doesn't matter, anyway...i've got to learn to forgive myself; and that starts with never having to say i'm sorry -- they say that's what love is: impenitence. so consider me boundless in measures of both love and shamelessness; for they are, apparently, one in the same. in the same way time is money; love is the presumption of forgiveness. and, to ZHealots and all peoples of all the world, i unreservedly accept your forgiveness for everything ever posted on Zero Hedge.
as regards dead frogs, their wit and their lit, janus could spend years...but your comment brings to mind a bit of my conversation with mr. harvard that i omitted above.
janus, "so, prof., who are the world's greatest writers: the russians or the french?"
harvard didn't hesitate, "the russians...no question."
janus: "good answer."
notice, Ned, i said 'good' answer, not 'correct' answer...in that there's a difference. it was a 'good' answer in that it met with my expectation...and when a man like that answers a question like that in a reflexive and thoughtless way, i feel i am in total possession of him...let me put it like this, had that lil detente continued much longer, janus would've been in full game-mode, and mr. harvard would've been scheduling some appointments with his favorite head-shrinker. now, when it comes to the medium of the novel, i will concede that the two greatest of the russian greats are greater than the two greatest of the french greats; however, on balance, and considering the sheer mass of peerless genius gifted to the world from gaul, the blue ribbon goes to les blues. i mean, not just lit -- world-class philosophy, essays, poetry, theology, treatises...and, to bring this full circle, the french had wit/the slavs...not so much. hell, "In Search of Lost Time" was, in places, some of the funniest shit i've ever read. and to really cement this point, it was, for two centuries -- those which happened to comprise russia's belle epoch, their most fruitful years of high-art -- the russians who attempted to adopt french culture; not the other way round. that might sting, mr. harvard...but expect no apologies.
dead frogs are some of my best friends, Ned...and they never say sorry; except in cases of acute irony (or legitimate wit).
through the years, these have been some fun times on the Hedge, my friend. and, think what you may of my lil stylistic alter-ego...i'm not so bad in person in person (except under the influence of brown liquor...esp bourbon).
https://www.youtube.com/watch?v=Kh0Ky6vGoeM
janus
Ich bin ein Berliner.
I am a jelly donut.
I think it was a Greek politician who said that.
Would have rather seen the Four Horsemen of the Eurocalypse.
They could only get 3; Greece, ya' know.
I knew you were gonna take on THAT piece of low hanging fruit, WB, but I saw a swastika in place of the Iron Cross - your euro is much, much better, which is why you are the visual combat black belt holder.
Chariot of the Gods indeed...
Bravo!
(And God, she looks so scary good with a whip!)
… didn’t she appear in The Wizard of Oz ?
Meeh.Graphically god as always but non-Europeans tend to get things wrong. They always confuse cause and consequence.
For the balance it should include a warning to the Greeks (their politicians) - if you don´t wanna get yourselves into crippling debt - don´t take all those loans. I always also miss the story on where did those monies go...? Productive investments or just a corrupt binge for politicians that see themselves as God-like creatures that have finally cast off the shackles of reality.
Of course the lenders want their money back with reasonable interest. That´s the way it works. Welfare projects never worked.
The reality is that the rest of Europe are not liable for keeping the Greeks in the lifestyle of their own choosing.
And Wagner is providing the backround music.....
Everytime I hear Wagner I feel like invading Poland. Strange.
Don´t diss Wagner , bro. One of the greatest composers,ever.
And by the way...these days it´s not us that keep invading other countries. Ask Hillary how she sees the world.Actually Europe is currently being flooded by all kinds of people out of Africa thanks to Uncle Whiskers.
oh, these pics look and feel deja vu...
I forget ......... how many horsemen of the apocolypse were there again ?