Hedge-fund manager Paul Singer recognized the risks of subprime mortgages and bet against them. Now he warns that monetary policy could cripple American banks again.
James Freeman, The Wall Street Journal, 19 March 2011
Phi Beta Iota: Absolutely worth a full read. Here's the bottom line: US Government is simply not serious about regulation; the Federal Reserve in assuming faith in the dollar and printing money so fast inflation is inevitable and a total collapse of the dollar possible; the big banks are still over-leveraged; and a mega-meltdown is a virtual certainty. We assume the “elite” think they can stave off the melt-down until after November 2011 so as to have four more years of a compliant complacent government.
“Remember than one one's conspiracy is another man's business plan.”
“Climate change (both sides) is all about politics.”
Phi Beta Iota: We are at the intersection of ideology, social conditioning, weak education, and the culmination of decades of power politics that have produced a severely retarded i.e. damaged collective psyche. The collective intelligence movement can be regarded as a healing counter-cancer within this larger cancerous world non-brain. The nuclear-tsunami in Japan is an opportunity for delving deeply into everything that can be known. It is an opportunity to re-evaluate the known risks of nuclear power; to re-examine climate change from a holistic perspective including a rigorous look at all human processes that could be contributing to the environmental degradation of the Earth; and to establish an analytic model as well as a road-map for addressing both climate change and nuclear proliferation with the non-violent dissemination of knowledge.
Tesla Scalar Wave billion watt generator arrays exist and are used for earthquake generation and weather control. People on the ground, before the earthquake event, see ionization in the sky (like the aurora borealis, but visible in the daytime). Then they see what looks like ball lightning striking the ground, then they experience the earthquake or natural disaster. Watch 9:51 Video.
Phi Beta Iota: As with 9/11, this is part of a growing body of public information that calls into question the integrity of all named parties, and suggests the need for weapons of mass destruction inspections in depth (not a phony open house). We regard this video as an earnest personal effort that is very informed but also very incomplete. We include electromagnetic weaponry and neutralization measures in Advanced Cyber/Information Operations. It also qualifies for the IO Idiocy label–the lunacy continues.
1. Demonstrates the non-sense a President can spout when his speeches are written based on the lack of coherent (holistic) open source intelligence within the US Government; and
2. Raises the rather fascinating idea that those regions that refuse to permit alternative energy (e.g. windmills) or refineries or other elements of a national energy infrastructure in their backyards should be limited in their access to domestic energy from others.
While debate on climate change often strikes a caustic tone, the real impediment to meaningful dialogue is that the two sides often talk past each other in what amounts to a “logic schism,” says a University of Michigan researcher.
GM Suspends Shreveport Truck Output on Japan Parts Shortage
Bloomberg March 17, 2011, 4:13 PM EDT
By Craig Trudell
March 17 (Bloomberg) — General Motors Co., the largest U.S. automaker, will suspend production at its Shreveport Assembly in Louisiana for the week of March 21 because of a parts shortage resulting from the crisis in Japan.
Phi Beta Iota: Chernobyl and Bho Pal did not have the same cascade effect as today's nuclear events (five of them) in Japan. The global supply chain vulnerability has grown to the point of severe dysfunctionality in the face of a major disruption. Rising oil prices may also change the affordability of out-sourced parts, one reason we are so interested in the Open Farm Technology initiative. Despite over a decade of recommendations to be more thoughtful about this, entire industries continue to ignore both “true cost” information and supply chain choke point information.
OCHA, UNOSAT and NetHope have been collaborating with the Volunteer Technical Community (VTC) specifically CrisisMappers, Crisis Commons, Open Street Map, and the Google Crisis Response Team over the past week.
The CrisisMappers Standby Task Force has been undertaking a mapping of social media, news reports and official situation reports from within Libya and along the borders at the request of OCHA. The Task Force is also aiding in the collection and mapping of 3W information for the response. UNOSAT is kindly hosting the Common Operational Datasets to be used during the emergency. Interaction with these groups is being coordinated by OCHA’s Information Services Section.
The public version of this map does not include personal identifiers and does not include descriptions for the reports mapped. This restriction is for security reasons. All information included on this map is derived from information that is already publicly available online (see Sources tab).
Click for Live Map with Substance Links
In the midst of this transition in Libya, one of the most devastating earthquakes in centuries hit northern Japan, causing one of the most destructive tsunamis in recent memory. Just hours after the earthquake, a member of Japan's OpenStreetMap community launched a dedicated Crisis Map for the mega-disaster. A few hours later, Japanese students at The Fletcher School (which is where the Ushahidi-Haiti Crisis Map was launched) got in touch with the Tokyo-based OpenStreetMap team to provide round-the-clock crisis mapping support.
Over 4,000 reports have been mapped in just 6 days. That's an astounding figure. Put differently, that's over 600 reports per day, or one report almost every two minutes for 24 hours straight over 6 days. What's important about the Japan Crisis Map is that the core operations are being run directly from Tokyo and the team there is continuing to scale it's operations. It's very telling that the Tokyo team did not require any support from the Standby Volunteer Task Force. They're doing an excellent job in the midst of the biggest disaster they've ever faced. I'm just amazed.
Tip of the Hat to Patrick Meier and Team at iRevolution.
