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Tuesday, 9 October 2012

Sables and Psychopaths


What's Real, What's Not Real.

I guess I'm responding here to something posted onto another website by another person. The website is the 'other' Wall Street Bear Discussion Board.

The post was a link to a YouTube clip by a legit shrink on what a psychopath is.

I headed off then next to another nearby clip about narcissism. And here I am now, finding myself more or less setting out to defend why I blog or post anywhere at all – because both of the YouTube clips were a bit tendentious really, provoking you to think 'hey! Is that me they are talking about?!' I mean do I blog because I am self-absorbed? And isn't it true that like all entrepreneurs I might also be a touch manipulative and have little empathy?

Well – no! I was trained in the subcontracting world of old-school manufacturing/technological Singapore, where either you killed off your subcontractor eventually through restriction and oversight and control – or they sure as hell would kill you off with continual demands and problems!!

As for blogging, I'm sure I do it because of frustration over the usual media commentaries and the pseudo-professionals everywhere capturing the agenda with stuff that is just plain dumb, ignorant, or old hat and dead boring!

...So anyway, I'm watching these YouTube videos and I get this same old feeling that so much of everything everywhere these days is like bad high school teachers preaching fairly tame and popularly established 'knowledge' to minds that cannot possibly be expected to be older than about fourteen to twenty-two at most. So who all decided that the audience of the entire world was made up of people lacking any worldly experience and that had never read a decent text book the whole of their lives?

Not a real spy
Okay maybe I too will turn into a 'self-justifying know-it-all,' (the criticism of Singapore dictator Lee Kwan Yew made by one of his ex-colleagues). I love to get something in about Kwan Yew. He's on his deathbed, you know.

But all the same why are governments for example, so late onto the scene of the crime, as it were. I notice this week the Australian High Court put a stop to the Australian Security Intelligence Organisation's idiotic 'adverse report' findings on a few Tamil refugees. This, probably ten whole years after I had written to a few of my own ex-colleagues in government asking them to think very hard about taking the word of a certain Rohan Gunaratne, a self-appointed 'expert on terrorism' from Singapore's Nanyang Polytechnic. And not to mention my extremely long held conversation with a handful of others in responsible positions here in Australia about the virtually certain residence of Osama bin Laden (or the specific important person going by that name on the 'urgent' desks of the Security Services of many countries...) in Pakistan.

Australia's intelligence and policing services are made up of people of integrity but they are not immune from this global wind of overhyping the simply banal, and creating 'complexity' where there isn't any - the result of which is a massive going round in expensive circles when common sense would have reached a correct solution right at the outset. Things which could deserve some priority though are turfed out because they are 'too hot to handle,' and the toothless dramas get dressed up facilely as issues that must be addressed with taxpayer money.
Not a real historical Russian restaurant

I have given up, really. I'd rather spend my time looking at the pre-Nineties Hollywood eye-candy versions of spy stories, for example, and the present-era oligarchic fake culture and historicity in Moscow. I don't read the news anymore. I read the Elite Life magazine in Russian, where the editors have not become jaded yet. I have an ambition to go visit the Pushkin Cafe in Moscow – which is basically a whimsical and entirely fake 'old Russia' building and interior... And I also remain an entrepreneur. Because I basically couldn't care less about... Oh dear. That YouTube video was right then. Anyway I have entirely given up on the modern West just at the moment. I might be saved though, by that private video promotion that Johnnie Walker circulates among embassy staff around the entire globe that hasn't made it into the public sphere yet. Is that perfectly legal for security staff and embassy people to get private marketing privileges that the rest of us don't? I don't know. Though probably not. But as I say – who cares!


Sunday, 30 September 2012

Vasta Carthaginiensibus


Fabius Maximus was the Roman General, Consul, Leader, and Statesman, who ended his speeches in the Senate with the phrase 'Vasta Carthaginiensibus.' Carthage must be destroyed.

History records Quintus Fabius Maximus as having been known as 'Cunctator' – 'The Delayer.'

I think he might just as easily have been known as the dripping tap. He was not politically well-supported until he was eventually proven correct in his outlook and his words which had all along been just like a dripping tap, drip drip dripping into the ears and minds of everyone, were accepted and his ideas adopted by the public in ancient Rome.

Fabius Maximus
Fabius Maximus delayed engaging Hannibal as he crossed the Alps.

The greatest problem of the Western world today is not Hannibal (nor is it the Rise of Islam, fundamentalist or otherwise), but the failure of anyone to come up with any kind of policy that can engender economic growth.

Yet, we have had short term growth from time to time in the form of real estate bubbles, and also stock market valuations bubbles before that, and now we have an enormous issuance of money via the US Federal Reserve Bank, which is a kind of a prices-and-values deflating currency bubble that keeps interest rates seemingly, down.

Economic growth can only occur in a way that doesn't terminate in calamity, when tax receipts are matching the government's own demand to spend debt. Real estate is not a good way to engage the taxing power of government because real estate turns over insufficiently quickly to create enough taxing opportunities. At the same time, commercial banks appear to only know how to lend to real estate collateral and they of course are legally permitted to create credit and thereby money, inside a ratio related to the Federal Reserve's total currency issuance. This lawful creation of money falls inside the Money Multiplier principle and is quite a legitimate thing. But, it ceases to be functional or legitimate when the creation of credit by commercial banks ONLY happens through real estate. And, in these circumstances the banks can appear to have a lot of moral credibility because they can establish quite healthy reserves and thereby claim to be acting 'responsibly.'

In other words there is a clear dichotomy between the political needs of elected governments of all persuasions (and therefore the economic requirements of society at large), and the commercially easy road for commercial banks.

THE SOLUTION

The solution is to force the lending by 'the banking sector' to business activities of every description BUT real estate – retailing, manufacturing, technology, food, and many other things – in short all sorts of things where the velocity of credit and money circulation in the domestic economic is high on an annual basis. The tax receipts will naturally increase, and the make up of banking reserves will vastly have changed from the highly-skewed illiquid and non-circulating thing that it has up till now been because of the real estate bias.

Ben Bernanke's insistence on significantly increasing the currency issuance is to do with his attempts to hide the unusually large EXCESS RESERVES of a handful of commercial banks as a ratio of the entire money supply – and this is because there is a systematic looting of the system by banks acting like a cartel to channel their credits through the low tax arena of long term real estate, and structure of pushing off bad debts into brand names designed to fail and to fall, and a strong ideological bent by those banks to deny the rest of the market credit because this is where both the tax risk is and the business risk is too.

Nevertheless, the public and the government have to pull the current thicket of commercial and investment banks in. And one way to do with this is to issue new banking sector licences to structures that will lend to higher circulation velocity business activities. The borrower need not advance any form of real estate security at all, but, they must accept a higher eventual tax rate. It need only be a slightly higher one.

And I think the fact is my concept is not only the only one that will work but the one that is inevitable at some point in the future.

Of course, it may well be quite some time into the future because no one expects the present cadre of special interests to easily depart from the centre of attention that they so passionately appear to be in love with possessing, nor give up their privileged access to fiat unbacked printed money-out-of-thin-air-at-no-cost-to-them, nor their stranglehold on the types of politicians put up for the big elections and the agenda of what is discussed on Fox News and how it is discussed.

Simply put though, the current debate about 'impossibly large national debt' and 'taxing the 1 per cent' and the 'dependent 47 %' is all complete and utter rubbish.

These things are spouted by accountants who are the equivalent of static image photographers taking snapshots of bits of a Mercedes engine on a garage floor and everyone standing around and nodding sagaciously as if it mattered that the pictures are beautiful or the car parts oily. What is needed are engineers and mechanics, not photographers taking pictures of static images. Economics is a thing in complex motion. And accountants and commercial banks biased to real estate lending have gotten away with a claim to importance that is not only overstated but politically and socially dangerous and dysfunctional. Real estate itself, has somehow manage to get away with another false and ludicrous claim about its being 'capital.' It is certainly not, a 'financial asset' for one thing – which is defined as any asset that is guaranteed to be able to be turned into cash within one standard accounting period of one year, and neither is it 'financial capital' which is defined as any asset that is guaranteed to be able to be sold by no later than ten years. Sometimes, and using various sophistications, it is true that some real estate can be sold within ten years, and some can be monetised inside one year – but there are no general guarantees about it and frankly, real estate is only weakly a type of economic 'capital' at all.

Like the case of Quintus Fabius Maximus, eventually, what I have just said will also be widely accepted as irresistably correct.

Saturday, 22 September 2012

Return Of The Mack


My mother was on the stage. A lot of years ago of course. So many years ago only people in the theatre would have much of an idea what it was back then to be a contracted J. C. Williamson's artist.
Mark Morrison

Me, I can't dance and I can't sing. And I can't teach school either (my father was a teacher for more than forty years). Okay the truth is I saw what they both did and I figured, 'oh this isn't for me at all.' Way too much hard work. And of course the worst thing was my uncles who were seriously wealthy – one having been a director of Shell Far East. Result: money = good; altruism = silly. That's how little kids think. I still think 'doing good' is largely a thankless occupation. Hey look, at the time I knew my uncles, Shell was already far past just doing something beneficial for industry, middle class lifestyles and the developed and developing world – at the executives' level it was about playboy Malaysian tunkus, Chinese mistresses, British tailors, Aston Martins and Rileys and gullwing Mercedes sportscars, private luncheons and late late dinners with shiploads of alcohol, and the United Nations International Children's Emergency Fund. At least it was from what I could see from hip-height (possibly the place to be to see all the action).

I suppose my only handicap in life is that I have always been fairly athletic with rather low body-fat and that means I can't do much of the alcohol thing. And thus, many people have been pretty suspicious of me. If you want to succeed in business the straightforward way, try not to encourage people being suspicious of you, I would say.

Actually in this post I was intending to focus on the stage and theatre and performance in general actually, rather than on the rich men's club stuff.

At the same time though, success in any business venture is quite similar to running a successful theatre production. And sometimes, though quite rarely, I observe in popular entertainment the fingerprints of the olden days' professional theatrical producer. I have to tell you, no one in modern politics has this quality at all. In all of the drive to mass-produce talent and garner the broadest popular appeal by standing on as few toes as possible, you end up with utter inanity.

Good theatrical producers know that every superstar talent is ideosyncratic – that's what human beings are at the top level. Individuals, different, unusual, personalities, characters... ...and difficult. Some are not difficult. But a lot are.

I was doing the hotdogs at the school sausage sizzle this week during their interschool sports carnival, when a tune came on the speaker system and one of the mothers stuck her iPhone up in the air with the Shazam App on: in fact she didn't catch the song in time and on this occasion the App didn't get the name of the pop track.

Well I happen to know the tune and it was Mark Morrison's Return Of The Mack, something from the Nineties. Mark Morrison is talent. Rare. Ideosyncratic. Not sure if he's difficult or not. Delta Goodrem – who is also talent – was up the road at a shopping centre during the same week and one of the dad's on the barbecue had a pic of her on his clone Samsung. He's a security guard. Delta Goodrem has a reputation as down-to-earth and a real nice person. All the moms and dads at the school thing said she was a 'diva' but totally without all the diva arrogance and difficult attitude. Lucky agent and producer. It's rare.

You want to see talent get onto YouTube and watch Howlin' Wolf do 'Smokestack Lightning,' or Mark Morrison do 'Return Of The Mack' or Delta Goodrem sing her latest song 'Dancing With A Broken Heart.' Goodrem's song is not raw like the work of the other two but her talent gets the thing across. And for me, I can see the handiwork of a real olden days' producer all over her video clip.

Makes much of the modern world just plain stupid. I've always felt artists, especially musicians, can pick up the trend of the near-term future extremely accurately. ...The world is not going in the direction the dumb politicians and their bureaucrat viziers might like to think that it is. In fact I tell you what; you want to make money and be at the front of the curve start thinking much much more creatively and inventively than conservative politics – which is basically the mindset of both sides.

And buckle-up. There's a ride ahead. Don't worry about money. There'll be plenty. Stop worrying about money; it isn't the problem. The problem is doubt about the avant garde. Don't doubt it though – no successful person ever did. And the public, knows talent. Just watch them stick the Shazam App up in the air to chase it. Talent... is sexy.

Monday, 3 September 2012

Financial Genius


The whole point of artistic or musical genius is that it delivers the 'artistic massage' first, and only subsequently some thinking people then tend to realise there was a serious intellectual message too.
Orgastic Love = Hand on Ass, maybe not arm in arm...

Is there such a profile available when it comes to financial genius...? What would be the equivalent? A mathematical massage? An intellectual massage? A money massage? At least it is clear what the message is – we tell you a story and then justify taking the value of your work, wealth, and efforts and handing it to someone who won't sit down and have a cup of tea with you. The vision of Stanley Fisher and Ben Bernanke walking virtually arm-in-arm at Jackson Hole, Wyoming, tells it like it is. There are hundreds of miles between me and you – and them and a bunch of armed guards.

Taking money from the citizen and from the taxpayer and continually giving it to a few privileged banks certainly creates an ethical questionmark over the purpose of a central bank like the US Federal Reserve. But of course that is unlikely to ever be addressed honestly and directly by Bernanke.

Crucially for professional private investors, assessment of economic risk nowadays falls to the question of who is 'protected' and who is not, rather than who is acting sensibly and who is acting dangerously... Can the banks and the government act sensibly at all or over the longer run? Well, let's just see for how long they can; if they are doing it even now.

The great philosopher and public intellectual Paul Ritter
Although not commonly talked about, there is such a thing as a radical pathology psychologist – or sometimes, 'radical social pathology psychologist.' You won't see much talk about such people in the ordinary media; for they are a thoroughly discredited lot you see. For instance, there is my late friend the extraordinary Paul Ritter – the architect and polymath/polyhistor who laid one of the original foundation stones at the World Trade Center. He personally knew the very thoroughly discredited psychologist and medical doctor Wilhelm Reich – who was one of those Austrian School Psychologists who more or less started all this nonsense about the establishment deliberately misleading and suppressing the masses through a steady diet of fear and crisis. Reich's main problem, it seemed to me at least, appeared to stem from the fact that he had the temerity to suggest the establishment's core dissembling nature resulted fundamentally from a sexual issue they all had! And that, as they say, was the quick end to him.

But I think that the establishment has miscalculated – or maybe even failed to calculate at all - that the internet and all it represents, is the very devil's breath itself to the common herd, because it liberates the Id of the private individual and the collective Id of his community, from the constraints and controls and social rules imposed from his political and government masters from on high. I cannot think of a single greater real test that has ever happened in history of whether Reich's style of psychoanalysis and his ideas are functionally sound or merely crackpot thoughts. Dare I say this: Reich is extremely clear about what he thinks will happen, but you will have to read his books carefully to discover what these predictions are...

And yes yes, of course I am being subserversive.

Tuesday, 28 August 2012

Dancing With A Broken Heart

WARNING - YOU DON'T HAVE TO AGREE WITH THIS ONE!!

Today I was confronted with a frightening fact: Anders Behring Breivik is possibly more diligently well-read than me.

I mean I am a great reader who travels far beyond the typical academic or commercial booklist review-of-books. I used to work near enough to the seriously commercial book-publishing industry to know how to find out who really sells the most books – in other words, what books real readers like as opposed to those books that the marketing department arranges the sales of!

Of course by now I'd actually forgotten that when I was an undergraduate at the University of Western Australia I once tackled a certain Prof. Maund with the complaint that the librarian was being suspiciously deceptive regarding the works of Wilhelm Reich which were supposed to be on the shelves – but which weren't. Only many many years later did I discover that a certain City Councillor – one Paul Ritter (the architect and town planner who had laid the foundation stones of the original World Trade Center) – continually 'removed' (as in purloined...) all said copies any and every time the University replaced them on the shelves by buying new copies, until eventually, they stopped buying them.
Kate Bush - wrote Reich-inspired songs

A further fact was that all of this was because of some dispute or other between Ritter and the University itself – and partly also consisting of an attempt by Ritter to get some free press about his socio-psychology ideas that were being decried by the Heritage (buildings) Council based at the University.

The fact that I was the only person who ever did actually really notice the continual disappearances of these books I guess means that popularity is not necessarily a guarantee of quality, or, that quality is a fluid idea when it comes to the written word expressing the ideas of intellectuals and that not everyone agrees on what intellectualism is.

In the past I have tried to read broadly...

But Breivik not only appears to have read broadly, but to have comprehended the significance of some of the intellectuals he has read. The conclusions he reaches are not ones that I can necessarily agree with him about – but the danger of those intellectuals is if anything, testified to by what Breivik did.

People who read along the same lines as Breivik are likely to be 1. very few in number and 2. rather intelligent to say the least.

Is James Holmes one of these? And does he also have a Manifesto out there somewhere, but one that is being presented in disguise and not presently being attributed to him? I believe there is almost a 100% chance that this is the case. I don't think either Breivik or Holmes are lunatics at all. That is, they are only lunatic if you consider Stalin to have been a lunatic, if you see what I mean. They will achieve a certain amount of their ends through the kind of determination that is, I suppose, a little crazy!

Let me show you an example of the power of people like Reich... Reich, I believe, was not the man people have assumed him to be. He has always been thought of as being both brilliant, and likely also suffering a mental disorder towards the end of his life. And that is the fatal mistake about him. Wilhelm Reich was so brilliant that he realised that to actually have the impact he desired, on the type of society and the type of person in society that he wanted to affect, he would eventually as a form of therapy have to play a lethal and probably self-fatal joke on the pathological and neurotic society in which he was living both during the era of Nazi Germany, and post that in the USA. His basic premise throughout his latter written works was that scientists had to be allowed to pursue completely erroneous paths and be permitted and indulged in pursuing virtually obvious complete failure – in order to challenge the psychological straitjacket of a political society that was severely neurotic, traumatised, and disturbed from centuries of violence that we were mistaken in assuming we had coped with without impediment to the sanity of the very system itself. He thought that by deliberately going down obviously erroneous pathways seeking discovery, we might find solutions where by going down the straitjacketed ones by this time in the pathology of society, we most certainly wouldn't at all and only prolong and promulgate ever more neurotic pathology.

I'm pretty sure he personally regarded what he was saying extremely seriously in the same way any doctor would in treating an epidemic. The other side of that coin is mass murder... Of course.

I recommend that you listen to and watch the video by Kate Bush which employs Reichian psychology – song titled 'Running Up That Hill.'

And then I recommend the extremely recent/current hit by the Australian singer Delta Goodrem – 'Dancing With A Broken Heart,' which is essentially the same idea but revisited in the modern musical idiom. Artists often know before others, what is going on. Well, maybe reflect deep feelings within parts of the society before the whole becomes fully conscious of them. Let us not forget, musicians like Wagner were always associated with the rise of Nazi Germany. We are at a distance now from Wagner -, but too close to Bush and Goodrem (pic on the right there) and the trance beat generation to realise the signs.


Calvin J. Bear