naked capitalism

K Ackermann says:

It’s unbelievable how Rakoff’s reasoned opinion is being appealed and possibly subjected to mandamus.

If there is any doubt about who the SEC works for, know this: we may pay for it to exist, but it works exclusively in the service of it masters – Wall St.

TomOfTheNorth says:

I suppose it’s a symptom of reaching one’s limit but the item in today’s links I found most fascinating was that the antitdote du jour was photographed by someone named ‘Marlin Shanks’. Emotes all manner of imagery: fishing, golfing prison, Wild Kingdom…..

what a freaking great name…

Peripheral Visionary says:

Re: iPhones

This may have already been pointed out, but these exposes on how the iPhone are made could not have happened before the death of Steve Jobs. Actually, there have been complaints regarding conditions in the offshore factories for years, but they had little or no traction in the mainstream media, which I have to think is due mostly to the “halo effect” surrounding Jobs – people were so enamored with him and the success of Apple (and were so enamored with the devices that Apple was making) that they simply did not want to hear anything contrary to what they wanted to believe.

I have nothing personal against Jobs – but I think that, in retrospect, it is becoming clear that he was not a saint so much as he was an absolute master of marketing, who sold himself as being something other than the businessman that he actually was.

Susan the other says:

Enhanced Geothermal Systems. The immediate confluence of abundant water and an active volcano are no longer necessary, hopefully. The thing that prevents Nevada from developing its geothermal possibilities is lack of water. The Colorado is already divided up and jealously guarded. Maybe a pipeline from the Columbia River? If river water spilled it would not create a toxic mess in a fragile desert ecosystem, it would just water the rabbit brush.

lb says:

Robert Reich, with Common Cause, is calling for a constitutional amendment ending corporate personhood and overturning Citizens United:

http://www.youtube.com/watch?v=Qq-9A9CGTYU

kevinearick says:

The Traveling Salesman: Family

So, the trick to eliminating the insulator is, of course, suspending time, delaying friction with the centrifuge, which means that you must be able to time travel relative to the empire, to complete 5 jobs while the manufactured majority struggles to complete 1, by filtering out empire make-work, beyond the knowledge of the empire, looking ahead to algebraic reduction.

Timing, timing, timing. Get to the gate, pick up the key from the key of keys, unlock it, drop the key, walk through, and lock the gate, as you build the ladder. Orbiting is a function of setting up the centrifuge dimension gaps. Don’t wait in line, unless the empire is watching.

Societies advance when participants learn to migrate through the event horizons elastically, like a flock of seagulls diving in and out of a moving center from all dimensions, learning to become a school. The empire is throwing out bread as bait. The greater the circulation, the greater the economic power.

Creation is the false assumption of false assumptions, distilled into backlash. It’s child’s play; learn to play effectively by playing to learn. Accepting any bipolar assumption calcifies the system, relative to the non-conformers. Balance/moderation in all things.

The economy is a balance between marginal income from organic growth and financial leverage from the legacy balance sheet. What nearly no one in the calcified empire gets, professor, is that the NPV window depends upon confidence in the navigation skills of future generations. Look around at your crop. As the empire passes the tipping point to zero real balance sheet value, because it has cut itself off from the planetary diversity motor for an extended period of time, its denizens begin to wake up to their sunk cost status.

Legacy families employ their children as slaves to the past with increasing desperation to maintain economic power, increasing the empire’s anxious State, promising equal outcomes to an increasingly irrelevant middle class, with viral replication of the example due to the positive feedback in the civil marriage ponzi. Equal opportunity of participation comes from new family formation, which cooperates to emerge from the churn pool flux, initially in a dimension well beyond the empire’s reach, due to quantum advance in the waveform.

It’s a confidence game. The market runs sideways with increasing volatility, in several dimensions, on the probabilities of bifurcation and reintegration (notice bipolar of bipolar requiring less than two bits). New family formation, closest to the planet, steers the ship, upon which legacy families compete for the best birthing, over longer and longer time.

The captain largely supervises harbor entry and exit. In the middle of the voyage, new navigators are trained by granting them freedom to work at the behest of legacy families. Those leaving the deck to do so are distilled out. Ships that continually return to the same port go bankrupt and capsize, captained by the false assumptions of History.

The point of being homeless is to erase the corporate impulse response programming and dump associated nonperforming assets, to increase event horizon choice along with the ability to mimic their impulse responses, just long enough to build each step of the ladder. Begin with the exit, in an exit of exits.

Participate in different areas of the distribution simultaneously, to obtain and drop their keys to your key of keys in the neutral zone. As the empire expends from its balance sheet, fueling mindless economic activity to the end of certifying robot participation, it adjusts the centrifuge chasing non-conformers, braiding the rope of nonperforming assets around its neck.

Real marriage, quantum entanglement in the neutral zone, allows you to perform this operation without many of the risks normally associated with homelessness. Because the drilling process has commenced, the AC cycle begins to flip, and communities grow around them, as confidence momentum builds.

In the beginning, you are together 7/24, helping each other eliminate the impulse cost structure, by bringing each other’s subconscious social voices to the surface, and redirecting them toward effective adaptation, building the root bond. When you fail to smoothly prevent impulse response, move, skipping the next step on the temporary plan. Make a new plan as you go. 0; -1(History) X -1(plan) = 1(future). Simple math beats the empire every time.

Employ/build the new communication system as you go, replacing the social alter egos with an effective alter ego, each other (simple replication across generations in civil marriages, which favor the more irrational spouse, leading to irrational markets). Create time/torque differential by learning to present arguments effectively. Leave the friction behind, with the empire.

“Give Me a Kiss to Build a Dream On”

Hugh says:

Is our universe dark or merely lumpy?

On another dark matter, isn’t Carnival the parent company for the Italian cruise that hit the matter in the dark? Which leads to the question who hires these guys, who oversees them? To me, this doesn’t look like simply a captain problem but a systemic one for the cruise ship industry. It sure looks like the captain and crew were hired more for their leisure and entertainment skills than in their knowledge of how to run a ship.