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  • rogerglewis 8:33 am on March 23, 2016 Permalink | Reply  

    Bitcoin ‘creator’: ‘I want to be left alone’, Crypto Currencies vis Blockchain , Money Unit of Account? Store of Value vis Means of Exchange, 

    You heard about Crypto Currencies,

    Bitcoin infographic

    See Large bitcoin-infographic

    Thats really cool, can they do anything else?

     Dr Craig Smith Says in the infamous video here, That Fourth and fourth like languages actually do loop and have dual stack architecture. ”Everything we are talking about in derived form contracts can actually be done in the Bitcoin protocol´´. @5’24 ´´

    Update Dr Craig Wirght confirms his pseudonym

    Dr Craig Smith refers to Ethereum in passing whilst making the point that thinking of Bitcoin as a mere currency is thinking to small. Seperating Bitcoin from Bitcoin Protocol is a leap in imagination similar to abstarcting the conflicting roles of Money as Store of Value or Means of Exchange from its index function as Unit of account. Peer Coin and Nu Bits provide resolution of these conflicts of roles for money as it is used for different functions.

    Extraordinary Claims Require Extraordinary Proof – Dr. Craig Wright Blog: Yesterday, Andreas Antonopoulos posted a fantastic piece on Reddit. Andreas said something critically important and it bears repeating: “I think the identity of Satoshi Nakamoto does not matter”. He’s absolutely right. It doesn’t – and shouldn’t ­– matter to the Bitcoin community. I cannot deny that my interest in bringing the origins of Bitcoin into the light is ultimately and undeniably a selfish one – the only person to whom this should matter is me.…

    Thats Nick Szabo in the stripped shirt. Take a look at this piece which states that Szabo is Satoshi.
    https://medium.com/@jamesfickel/satoshi-is-actually-building-an-ethereum-company-and-other-developments-2c95c08685f7#.grcykaoua

    Bitcoin speculation[edit]

    In 2008, a mysterious figure who wrote under the name Satoshi Nakamoto released a proposal for bitcoin. Nakamoto’s true identity remained a secret, which led to speculation about a long list of people suspected to be Nakamoto. Although Szabo has repeatedly denied it, people have speculated that he is Nakamoto.[15][16]
    Research by financial author Dominic Frisby provides circumstantial evidence but, as he admits, no proof that Satoshi is Szabo.[17] Speaking on RT’s Keiser Report, he said “I’ve concluded there is only one person in the whole world that has the sheer breadth but also the specificity of knowledge and it is this chap…”.[18] In a July 2014 email to Frisby, Szabo said: ‘Thanks for letting me know. I’m afraid you got it wrong doxing me as Satoshi, but I’m used to it.’[19]
    Nathaniel Popper wrote in The New York Times that “the most convincing evidence pointed to a reclusive American man of Hungarian descent named Nick Szabo.” In 2008, prior to the release of bitcoin, Szabo wrote a comment on his blog about the intent of creating a live version of his hypothetical currency.[20]

    I do not think it matters either.

    This from the Nu Bits White Paper.

    The Problems Being Solved by Nu

    “Peercoin improved upon Bitcoin by dramatically reducing the cost of network maintenance and  giving control of the network to the owners of network assets.”

    “Both of these networks contain a critical flaw which Nu resolves. These networks permit the purchase of scarce units used in the networks which function much like shares. If the value of the network rises, the value of these “”shares”” rise. This dynamic has been critical to the success of these networks as it allows anyone to purchase a stake and benefit from promoting the network. These networks have simultaneously been promoted as currencies but have not functioned well as such. Currencies must have a stable value to be effective, while Peercoin and Bitcoin have exhibited exceptional volatility. Many argue volatility will end with the high liquidity that will accompany widespread adoption. While volatility will decrease with greater adoption, it is unlikely volatility will ever be less than occurs with large cap stocks such as Google or Microsoft. This is still an unacceptable level of volatility for a currency.”

    Download the whole Paper here.

     

     

     

    The Blockchain, What about the Block Chain?

     

     “Early  work on smart contracts has been done by Szabo”
    “[1997] and Miller [1997]. Around the 1990s it became clear
    “that algorithmic enforcement of agreements could become a significant force in human cooperation. Though no spe-cific system  was  proposed   to  implement  such  a  system, it  was  proposed  that the  future of law  would  be heavily affected  by  such  systems.   In  this  light, Ethereum  may be seen as a general  implementation of such  a crypto-law system.”

    Dr Gavin Wood.    from “ETHEREUM: A  SECURE DECENTRALISED  GENERALISED TRANSACTION  LEDGER”
    “HOMESTEAD DRAFT”.
      aka, The Ethereum Yellow Paper.

     

     

     

     

    Ethereum Infographic Image - Beginners Guide

    I decided I would not Invest in Bitcoin, I had been studying it very closely for about a year but ultimately felt it was not what I was looking for in line with my own political stance with respect to Monetary reform and provision of Credit and liquidity into democratic debt free community economies. Ethereum does not present the same political reservations to me (YMMV)  and I have decided that this is Where I will invest heavily , Never would I put all my Eggs in one Basket but Ethereum will be the largest hedging play External to my own direct business ventures most of which will and are planned to be in the Crypto Currency, complimentary currency, P2P and B2 B crowd funding field across various asset classes. You can find out some of my own past and future deeds and intentions for Tychastic Investment Group at the link to my public LinkedIn profile below the logo.

    https://se.linkedin.com/in/roger-lewis-48175211

    One can buy or one can mine Ether as one can with most crypto currencies and whilst It is very easy to set up a mining operation with CPU or GPU processing ( AMD based not NVIDA ). I prefer the convenience and economy of mining with Genesis Mining. I have set up a Mining Contract with Genesis Mining to mine my own Ether. If you click on this link and enter this code you will qualify for a 3% discount through my membership of the Genesis Affiliate Program. As a mere speculation some may prefer simply to buy Ether , Bitcoin or indeed Peer Coin, check out the coinwarz link, there’s plenty of sport  to be had, ( money to be won and lost ), if speculation is your bag. This is a race with a very wide field indeed and the sweepstakes potential is breathtaking. Ether is my Tip though and why I am writing this blog.
    Link To Ethereum Mining or other crypto mining 


    remember !

    Enter discount code for 3% Off ( o6OvP9 ).

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  • rogerglewis 3:29 pm on March 15, 2016 Permalink | Reply  

    Ethereum, The prescient augur of exchange. 

     

    CLICK TO GO TO ETHEREUM HOME PAGE 

     

    Ethereum, The prescient augur of exchange.

    Bitcoin has opened the eyes of the world to the inefficiencies of the Banking System. PayPal did something similar before hand and Online banking has been with us for a while. But I am excited about something which is much, much, more than just making transfers of money or on line payments.
    Bitcoin was conceived as more than just a Crypto Currency it is built on Block Chain Technology and at its heart there  is a vast potential for  independent verification of ownership systems. As a currency Bitcoin tokens in the possession of the customer are confirmed and then the transfer of the tokens value is made in return for ownership of whatever the Bitcoin owner exchanges the token say, A coffee, a Massage , unblocking a toilet perhaps and so on . When you sell a house or some shares the solicitor or the stockbroker confirm that the House is owned by you or, the shares are registered in your name. The change of ownership will be recorded where it officially needs to be recorded. Similarly if you sell a car The form needs to be sent off and the insurance confirmed both with the insurer but also with the people who hand out speeding fines or collect road fund license taxes. This administration and maintenance of the  public or private record of the responsible party or the owner of the rights and responsibilities of stuff in general requires trusted if often despised Agents and Middle men. In many cases this service is as expensive as bank fees and useful savings and improved security can be engineered in the block chain platform. Indeed this is precisely what has been delivered by Ethereum. Ethereum augers the end of the privileged middle man, an end to government and Corporate  sponsored ”money for old rope”, you might say.

     The block Chain cuts out the middle man and Ethereum provides a Platform upon which any two people or combinations of people or organisations, wishing to exchange a promise and record the event, can do so. Any party can  confirm independently that what they claim happened, happened. The claim can be verified via an always available, secure, independent and democratically diversified  network with common ownership. Eureka , Free at last!

    The register or, ledger or, record of transaction, is recorded as an electronic handshake. That electronic handshake can be witnessed in perpetuity, confirming the agreement that any two entities have previously confirmed electronically. That Chain of promises is stored forever in a network of Computers and servers that will confirm which digital Who?, agreed what?, with another Digital Who? and when. The ”Digital”, Who? is an important feature for potential anonymity.  Escrow; a deferred transfer of something based upon confirmation that some other promised event has taken place and been confirmed at some other future date, is also catered for.
    Max Kaiser talks Ethereum With  Dan Hassan of Robin Hood Minor Asset Management (starts at 12.52 mins )
    Bit-coin is a part of the functionality of Ether the Ethereum exchange medium.In a way Bitcoin provides both liquidity and stability to Ether in much the same way envisaged by Nu Bits and Peer Coin.
     Ethereum is more democratic and decentralised though than its (for the moment), larger brethren. It has been designed with the benefit of seeing how Bitcoin developed and with Bitcoin investment. In a sense the two are competitive in one space and complimentary in and to all the other Blockchain Spaces. The benefit of hindsight leads to a greater potential of prescient features to avoid the faults in Bit Coin that some people , including me , find disagreeable. Peer Coin, ( https://www.peercoin.net/whitepaper ) and its  associated brethren, Nu Bits,( there is a common developer and advocate behind both ) ( https://nubits.com/about/white-paper ), both set out many of the potentials not exploited by Bit Coin and resolves some of the problems real and potential in Bitcoin. With its proof of stake as well as proof of work hybrid.Peer Coin also offers  Minting as well as mining, yet uses the same encryption Algorithm, SHA 256, as Bitcoin. Bizarrely SHA 256 is patented by the NSA ( Go Figure), There is something fundamentally UN-libertarian about the NSA, can we all put our finger on that and catch a distinct whiff of Irony, I always do.
    This Video is from the Channel of chronos who advocates and explains peer coin and is a very good teacher about the block-chain should any reader here wish to learn more.
    I decided I would not Invest in Bitcoin, I had been studying it very closely for about a year but ultimately felt it was not what I was looking for in line with my own political stance with respect to Monetary reform and provision of Credit and liquidity into democratic debt free community economies. Ethereum does not present the same political reservations to me (YMMV)  and I have decided that this is Where I will invest heavily , Never would I put all my Eggs in one Basket but Ethereum will be the largest hedging play External to my own direct business ventures most of which will and are planned to be in the Crypto Currency, complimentary currency, P2P and B2 B crowd funding field across various asset classes. You can find out some of my own past and future deeds and intentions for Tychastic Investment Group at the link to my public LinkedIn profile below the logo.

    https://se.linkedin.com/in/roger-lewis-48175211

    One can buy or one can mine Ether as one can with most crypto currencies and whilst It is very easy to set up a mining operation with CPU or GPU processing ( AMD based not NVIDA ). I prefer the convenience and economy of mining with Genesis Mining. I have set up a Mining Contract with Genesis Mining to mine my own Ether. If you click on this link and enter this code you will qualify for a 3% discount through my membership of the Genesis Affiliate Program. As a mere speculation some may prefer simply to buy Ether , Bitcoin or indeed Peer Coin, check out the coinwarz link, there’s plenty of sport  to be had, ( money to be won and lost ), if speculation is your bag. This is a race with a very wide field indeed and the sweepstakes potential is breathtaking. Ether is my Tip though and why I am writing this blog.
    Link To Ethereum Mining or other crypto mining 


    remember !

    Enter discount code for 3% Off ( o6OvP9 ).

    This is what Genesis Mining have to say about Ether.

    Ethereum – The World Computer!

    Category / Altcoin / Bitcoin / Cloudmining Industry / Featured posts Published on 09.03.2016.
    Price for Ether has skyrocketed in the last couple of weeks, bringing the total market cap to USD 800 mn. Ether is now the second largest cryptocurrency after Bitcoin and its market cap is bigger than all other alternative Cryptocurrencies combined. There is a lot of excitement about the new cryptocurrency and its possible applications!

    What is Ether and why is everyone so excited about it?

    Ether is the currency of the “Ethereum” platform, which was launched in July 2015. The crypto has a number of features that make it different from, or even superior to, Bitcoin:

    1. Bitcoin transactions need on average 10 min to get a confirmation, while Ethereum block time is 17 secs. So transactions are more than 30 times faster, thanks to Ethereum’s Ghost Protocol!
    2. The Bitcoin network only allows to move around one type of “token”, namely “Bitcoin” (the currency). In contrast, Ethereum allows you to build your own currency on top of the platform. For example, it would be possible to create any type of company shares within Ethereum, or to represent the possession of any kind of object (such as a car).
    3. Simple contracts/programs can be implemented in Bitcoin. Ethereum takes this to a whole new level! Any type of smart contract or decentralized application can be created and enforced(!) in Ethereum. This is all in a distributed, trustless, and censorship-resistant way!

      “Smart contracts” or “decentralized apps” open a whole realm of new possibilities, like decentralized prediction markets (e.g. “Augur“), transparent voting and democracy, trustless crowdfunding, and more.

    4. Running a decentralized apps (“dapps”) requires gas. The more complex the code is, the more gas is needed to run it. The gas to run a dapp is called “Ether”. If you think of Bitcoin as gold, then think of Ether as the oil of the new economy.
    5. Ether can be mined by running an algorithm called Ethash. The algorithm is built in a way that ASIC chips (specialized hardware) is difficult to do. Additionally, Ether mining will be over in about a year from now on. Therefore, everyone mines with a GPU that encourages decentralized mining (compared to the highly centralized mining found in Bitcoin).

    Furthermore, Ethereum has a great team of developers that push the possibilities further with every new software release. We are excited about the vision and the possibilities of building the world’s first World Computer!

    Interested to learn more about Ethereum? Take a look at our infographic!´´ENDS.

    How profitable could Ether Be.

    Here is the Ether mining profitability Calculator, There are no guarantees but as a future long term play Ethereum ticks all the boxes for me that need to be ticked. Make up your own mind.

    http://ethereum-mining-calculator.com/

    @$10 to 1ETH 100% profit 1yr All other things Equal see Genesis Mining 3% off voucher read article do the math  http://letthemconfectsweeterlies.blogspot.se/2016/03/ethereum-prescient-augur-of-excahnge.html

    This tweet is based upon my own calculation s for a 20MH/s Genesis mining contract which cost me around 850 dollars after discount if the price of ETH goes up or down through the year the equivalent trading cash out to dollars or other Fiat Currency will obviously vary Mining rather than buying ether at todays price is a good way of smoothing out the investment so far my contract hjas yielded me just under 2 ETH in 3 days not for everyone but I think its a good investment on the upside and thedownside is of course very real although I expect ETH price to remain stable around 10 dollars whilst early earners of ETH convert some of their ETH reserves into FIAT so good luck to those guys, do your own research and there seems very little downside in mining via your own computer which is fun and will offer potentially better rewards depending on your GPU power and Electricity costs.

     
    • Roger Lewis 5:19 pm on March 18, 2016 Permalink | Reply

      @$10 to 1ETH 100% profit 1yr All other things Equal see Genesis Mining 3% off voucher read article do the math http://letthemconfectsweeterlies.blogspot.se/2016/03/ethereum-prescient-augur-of-excahnge.html

      This tweet is based upon my own calculation s for a 20MH/s Genesis mining contract which cost me around 850 dollars after discount if the price of ETH goes up or down through the year the equivalent trading cash out to dollars or other Fiat Currency will obviously vary Mining rather than buying ether at todays price is a good way of smoothing out the investment so far my contract hjas yielded me just under 2 ETH in 3 days not for everyone but I think its a good investment on the upside and thedownside is of course very real although I expect ETH price to remain stable around 10 dollars whilst early earners of ETH convert some of their ETH reserves into FIAT so good luck to those guys, do your own research and there seems very little downside in mining via your own computer which is fun and will offer potentially better rewards depending on your GPU power and Electricity costs.

  • rogerglewis 6:14 pm on March 13, 2016 Permalink | Reply  

    Trump may not be for sale, but Is he already owned by Wall Street? 

    P { margin-bottom: 0.21cm; }A:link { }

    ”Only takes one tree, to make a thousand matches
    Only takes one match, to burn a thousand trees”

    Stereo Phonics. A Thousand Trees.

    Can Trump Be Bought, Or is he already owned?
    They say that people in glass houses should not throw stones. Perhaps Mr Donald trump or more importantly those who would vote for him should bear this in mind. Trump is ´´Rich´´not wealthy or well off or small town rich but New York Gliterati Rich, A swell a Dandy a Billionaire , don-cha know , ya better b´lievit. Trump sits on the Lapel of Manhattan like a crocodile on the chest of a Lacoste Sweater.
    Trump is a brand and no one believes in the value of the brand more than a Trump the lesser sions the Trump; minors, juniors and ms´s. But the biggest believer of all is the Donald, Grand Master Trump, Real Estate Mogul.
    A 92 page submission of Trumps business interests was required in disclosure to declare candidacy for the US Presidential Race. Reality TV for the political Class acquired its own fully indentured reality TV star for this super-paced extravaganza as the guild of screen actors pension on page 30 item 160 of Trumps disclosure attests to his Superannuated small and big-screen credits. Maybe Trump has a shot of Reaganesque mythos after all.
    http://tinyurl.com/z6dxfvq( click URL for full form. )
    What did the Wall Street Journal Make of it all?

    With Great Wealth…Comes Great Liabilities.
    Mr. Trump has between $265 million and $450 million worth of liabilities, including three mortgages and one loan valued at over $50 million. He has 12 mortgages total, seven of which are set to mature by 2020.
    Trump Likes Trump.
    In the disclosure, Mr. Trump lists over 500 entities in which he is a trustee, president, chairman or member. Many of the listed entities are limited liability corporations attached to Mr. Trump’s real-estate holdings, including properties in Panama, Istanbul, Mumbai, Puerto Rico and Dubai. Of those, at least 391 entities that have the word “Trump” or his initials in them.

    Its the debts and liabilities on the Trump Empire Balance sheet that we really need to bear in mind when examining Trumps biggest claim to Authenticity. According to Trumps own boastful claims in debate, He Buys Politicians and as such can not himself be bought? To Examine that claim properly there are two questions we need to Ask. Does Trump control his liabilities or do they control him? Notwithstanding the old saying If you owe the bank a 100 dollars and can´t pay it back you have a problem if you owe the bank a million dollars and can´t pay it back the Bank has a problem. In real Estate remember the penalty for default is forfeiture. ´´He also has between $5 million and $25 million in his Capital One checking and savings account, and another $1 million to $5 million in J.P. Morgan Chase accounts.
    ´the WSJ tallies Trumps Cash position to call it 41 million dollars. Without rental income or cash generation figures from properties operated as opposed to leased out a true figure for Trumps cover of cash income and rents over Principal and interest liabilities is beyond the scope of this Blog. Certainly beyond it´s writers inclination to fathom at any rate. As with Polling, probability based upon a statistically significant sample is sufficient for our purposes to decide this question. The preceding sketchy figures derived from Trumps own solemn disclosure of qualified information to run for the Presidency of the US, not a trivial matter by any measure, will do.  So what does this tell us.?
    ¨
    To do that lets consider Leverage.
    Leverage is the ratio of Equity or cash put into a deal to the level of debt borrowed from a bank or some other creditor. It is key to bear in mind that Bank money is credit created by Banks as originators of debt not as intermediaries matching savers to borrowers, essentially we need to be very clear about who has ´´Skin in the Game´´. http://letthemconfectsweeterlies.blogspot.se/2015/07/on-skin-in-game-interestinf-question.html
    The rules of the game of leverage are that its all beer and sandwiches as long as prices of assets and income streams are going up, but something of a car crash when prices of assets or rents and income are going down. The More thinly you spread your assets to buy assets with high levels of gearing(debt) on the way up the higher the return you make on the money you actually had to put into deals in the first place. When prices start to fall or income for debt service starts to fall in a high leveraged deal the way back down is a real shit sandwich. So for Trump it´s all Bellini’s and Caviar on the way up and a real shit sandwich on the way down, if his leverage is high. Its more regular beef jerky all the way up and all the way down if his leverage is at what we might call ´´prudent´´levels.
    These are flexible rules and laws according to how one is connected to the issuers of Credit/Debt , as we all now know there is something we now have called ”To Big To Fail ” , or ”One rule for the rich and another for the poor”, if you want to get on the same page with other not rich people you meet on your travels back through the ages, if you happen to find a time machine.
    Trump famously got into trouble with the leverage trap back in the Early 90’s recession, Wall Street bailed him out much the same way say that William Randolph- Hurst was bailed out back in the 1930´s. The details are un-important as to the why’s and the where-for´. Debt is like playing with fire and sooner or later the Creditor can demand their pound of flesh either by chance or indeed through manipulation, all Billionaires owe their pound of Flesh to Wall Street if the bargain isn’t made then you don’t get to be or remain a Billionaire, end of story, or in American English Period!!
    The real question isn’t, ´is Trump owned by Wall Street’ ? But, rather ‘why would he wish to be president. Rather than share part control of the president´? Narcissism lurks very near to the surface whichever way one approaches this question, why would anyone wish to be in the public eye in such a poorly paid job?
    At this point we need to roll out a hackneyed old quote from Josiah Stamp a Director of the then Privately Owned Bank of England.

    The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit. [Web of Debt, p. 2]

    I prefer some of Montague Normans statements Such as the following
    “Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished.”

    Montagu Norman, Governor of The Bank Of England
    addressing the United States Bankers’ Association, NYC 1924

    and a particular favourite this found in Tragedy and Hope from Carol Quigqleys 1966 Opus ( see In January, 1924, Reginald McKenna, who had been chancellor of the
    Exchequer in 1915-1916, as chairman of the board of the Midland Bank ) below.
    P.277…´The Money Power Seeks to Create a World System of Financial
    Control in Private Hands Able to Dominate Every Nation on Earth
    In addition to these pragmatic goals, the powers of financial capitalism had another
    far-reaching aim, nothing less than to create a world system of financial control in private.”…

    Montague Norman Was the Commander-in-Chief of the
    World System of Banking Control
    ”This power of the Bank of England and of its governor was admitted by most qualified
    observers. In January, 1924, Reginald McKenna, who had been chancellor of the
    Exchequer in 1915-1916, as chairman of the board of the Midland Bank told its
    stockholders”:
    “I am afraid the ordinary citizen will not like to be told that the banks can,
    and do, create money…. And they who control the credit of the nation direct the policy of
    Governments and hold in the hollow of their hands the destiny of the people.”
    Let’s do some simple arithmetic then to see if the Trump tail wags the Wall Street Dog ( to call it a tail more than say a zit or pimple or flea has a certain Trumpesque exaggeration about it, not altogether inappropriate to the point being made), or whether the Wall Street Money masters laugh at the Donald’s pimplesque stature? That’s not to deny Trumps claim that he need not produce the ´Schlong Form Girth Certificate´´based upon his assurances and tabloid headlines over the empirical evidence of the size of his hands offered by the Boy Rubio.
    In a fraction the top part is called the Numerator and the bottom part the denominator. If one thinks of One persons wealth as The top part of a fraction or Numerator and the bottom part of that fraction being all of the other units of the same token in existence as the Numerator , in this case all money enumerated in Dollar denominations as Cash or as Broad Money M3.
    Take say 10 billion for Donald Trumps total wealth.( there have been sightings of some Trump boasts in excess of these figures , but ten Billion free and clear still makes the point and is an exaggeration in Trumps Favour beyond any I have ever heard him make himself.)
    How many Dollars are in Existence.http://letthemconfectsweeterlies.blogspot.se/2013/05/apples-cash-mountain-is-it-real.htmlI examined this same question with respect to Apples then 145 Billion Cash Mountain back in 2013.
    figures from  the fed.

    There was approximately $1.19 trillion in circulation as of May 15, 2013, of which $1.14 trillion was in Federal Reserve notes.

    http://www.federalreserve.gov/faqs/currency_12773.htm

    Trump Cash Dollars, 10 Billion
    Dollars in Circulation 1.14 trillion 2013
    10,000,000,000
    1,140,000,000,000
    10/1,140
    = 0.87%
    Wider Measures of Money
    M3 2015 17,500,000,000,000
    10
    17,500
    = 0.05714%
    From the above it can be seen that a property Mogul with 10 Billion of total Assets all in Cash would represent around one twentieth of one percent to the Annual money supply in the broad M3 Measure. Bearing in mind the preceding quotes regarding Banking power and noting that since 2008’s crisis the major Wall street Banks have got bigger and the federal reserve has in the terminology Increased its balance sheet substantially, the idea that a Property Mogul of modest international standing and wealth is not at the mercy of a Fiscal ´´Flick of the pen´´and therefore the collective might of Wall Streets monied interests is absurd.
    Not taking political donations from Wall Street and other financial interests does not equate with not being under the influence and control of Wall Street. It is an arguable point that Trump is in fact more in hock to Wall Street than any of his political rivals, including Hilary Clinton, with, of course the notable exception of Bernie Sanders.
    So in his posturing and his claims of independence from any external influence by powerful interests Mr Trump is either ; 1. unaware of the frailty of his position in the great financial scheme of things;2. Is aware of his subservient position as are the Powerful monied interests though it suits them both to appear inimacable to each other , or ; 3. as is more likely. Wall Streets sions are tacitly happy to continue to provide support to Trump through funding his business empire just as say Prescott Bush through Brown Bros Harriman funded the rise of Adolf Hitler. But Trump is unaware of his vulnerability being Ignorant of the nature of money creation. Personally I favour 3 as the most likely. In truth it is of no relevance to the fact that Trump as demonstrated is owned by Wall Street whether he likes it or not!
    Trump is a man of estimable talents no doubt yet Roderick Spode (https://en.wikipedia.org/wiki/Roderick_Spode )  the Invention of P G Wodehouse, based upon Oswald Mosely  & Bennitto Mussolini ´Il Duce´is always conjured up by the stage persona of The Donald. This claim comes with both evidence and a warning, if you are a Trump supporter and ever wish to hear your Great Leader speak again without recalling Spode and in turn Mussolini do not click on the following Video. ( brought to you by the time machine mentioned earlier). ´´Too big to bail and one Law for the rich another for the poor´´. As for entertaining the notion that Trump can not be bought? Well you can not buy something that is already owned and Trump is assuredly owned by Wall Street. They have no need to buy him again, although his debts have doubtlessly been Re hypothicated, lets not do Derivatives today though!
     
  • rogerglewis 3:36 pm on March 10, 2016 Permalink | Reply  

    The Revolution Will not be televised. Feel the Bern 

    The Revolution Will not be televised. Feel the Bern

    I was blown away by the appearance of Melina Abdullah of Black Lives Matters on Democracy now yesterday following the Sanders win in the Michigan Primary. Professor Abdullah made a persuasive case for those interested in real change in the US not to become over invested in a democratic (sic) process simply not designed as democratic in the sense of By the people for the people. The process is corrupt how ever hard Sanders or in a charitable case Clinton and even Trump push back against. Its wider than that and the African American viewpoint is not something as A white Male expatriate white British Male in Sweden could ever understand let alone articulate so Reading Professors work as I have Dr Cornell Wests ( Race Matters for instance) will provide me something of a shadow in the Allegory of the Cave. Cornell West inspired my Track Blues Man in the life of the mind. https://www.youtube.com/watch?v=8jadV… and when Professor Abdulllah mentioned and quite obviously referenced the Great Gil Scott Herons the revolution will not be televised I had to just edit that together along with some of the words of my Favorite living Philosopher Cornell West, and of Course the Dangerous Dude from the Brooklyn Hood Bernie Sanders. What happens in the US is more important to my Country of Birth The United Kingdom than the referendum to leave the EU, My blog on that can be found here. letthemconfectsweeterlies.blogspot.se/20

    ­16/02/usury-hells-fuel-and-mans-oppresso­r.html

    Fairuse and not for profit.
    Attribution according to you tube Standard licemce
    Democracy Now
    https://www.youtube.com/watch?v=_3ob6…
    The Young Turks
    https://www.youtube.com/watch?v=mcOJT…
    The Revolution Will not be televised
    https://www.youtube.com/watch?v=_VJuZ…

    Gil Scott-Heron – The Revolution Will Not Be Televised – Full Band Version
    ButterflyRebekah
    ButterflyRebekah

    You will not be able to stay home, brother. You will not be able to plug in, turn on and cop out. You will not be able to lose yourself on skag and skip, Skip out for beer during commercials, Because the revolution will not be televised. The revolution will not be televised. The revolution will not be brought to you by Xerox In 4 parts without commercial interruptions. The revolution will not show you pictures of Nixon blowing a bugle and leading a charge by John Mitchell, General Abrams and Spiro Agnew to eat hog maws confiscated from a Harlem sanctuary. The revolution will not be televised. The revolution will not be brought to you by the Schaefer Award Theatre and will not star Natalie Woods and Steve McQueen or Bullwinkle and Julia. The revolution will not give your mouth sex appeal. The revolution will not get rid of the nubs. The revolution will not make you look five pounds thinner, because the revolution will not be televised, Brother. There will be no pictures of you and Willie May pushing that shopping cart down the block on the dead run, or trying to slide that color television into a stolen ambulance. NBC will not be able predict the winner at 8:32 or report from 29 districts. The revolution will not be televised. There will be no pictures of pigs shooting down brothers in the instant replay. There will be no pictures of pigs shooting down brothers in the instant replay. There will be no pictures of Whitney Young being run out of Harlem on a rail with a brand new process. There will be no slow motion or still life of Roy Wilkens strolling through Watts in a Red, Black and Green liberation jumpsuit that he had been saving For just the proper occasion. Green Acres, The Beverly Hillbillies, and Hooterville Junction will no longer be so damned relevant, and women will not care if Dick finally gets down with Jane on Search for Tomorrow because Black people will be in the street looking for a brighter day. The revolution will not be televised. There will be no highlights on the eleven o’clock news and no pictures of hairy armed women liberationists and Jackie Onassis blowing her nose. The theme song will not be written by Jim Webb, Francis Scott Key, nor sung by Glen Campbell, Tom Jones, Johnny Cash, Englebert Humperdink, or the Rare Earth. The revolution will not be televised. The revolution will not be right back after a message bbout a white tornado, white lightning, or white people. You will not have to worry about a dove in your bedroom, a tiger in your tank, or the giant in your toilet bowl. The revolution will not go better with Coke. The revolution will not fight the germs that may cause bad breath. The revolution will put you in the driver’s seat. The revolution will not be televised, will not be televised, will not be televised, will not be televised. The revolution will be no re-run brothers; The revolution will be live. Category Music Licence Standard YouTube Licence Music “The Revolution Will Not Be Televised” by Gil Scott-Heron (Google Play • iTunes)

     
  • rogerglewis 11:49 am on March 10, 2016 Permalink | Reply  

    Brexit Smexit, Why we should all be feelin the bern and the UK referendum on EU is of no consequence in or out. 

    Brexit Smexit, Why we should all be feelin the bern and the UK referendum on EU is of no consequence in or out.

     

    Bernie Sanders won in Michigan  how many UKIP supporters that want out and how many SNP and Plaid Cymru supporters who want in,  realise the significance of that?

    Whilst several months of media navel gazing and media scaremongering will enthrall the British Chattering classes until the June date. Whilst until June the European and British Political elite would have us all believe there was and is a lot still at stake. Please consider the Atlantic horizon and not that of the English Channel we are in the age of Aircraft Carrier groups and not Longboats.

    Witness Mark Carney and his speech conjuring ´úneasy markets”, look back at the cliffhanger of Cameron negotiating through the night, waving his version of ´´Peace in our Time” . Neo Liberalisms version of appeasing rapacious Globalism. ´Give me a Break´!

    It’´s not called the Washington Consensus for nothing and Nato maneuverings and Federal Reserve interest rate policies are of far more moment to British Subjects ( not Citizens) than the EU Brexit Pantomine. ´´Oh  no it isn’t” they will cry. ´Óh yes it is’!

    Roman Historians shaped the perception of British history to the extent that from the Stone age through to The exit of the Romans in circa 450 AD,  we are reduced to a bunch of savages. By the Roman account we savage britons are civilised by Rome and then left to rot in the Dark Ages. The modern day Bede’s and the Anglo Saxon Chronicles of altenrative media notwithstanding, our Current media may just as well have the same Latin Spin as the times of Romans in Britain. The real bowler though is not a bowler but a pitcher and the pitchers mound is in the District of Columbia and the Capitol of Washington. The game we play politically is most definitely no longer Cricket.

      So whos on First Base?


    Britain’s enslavement

    Tacitus explains the policy of his father-in-law, Agricola, in bringing the comforts of Roman civilization to the barbarous British:

    ‘His object was to accustom them to a life of peace and quiet by the provision of amenities. He therefore gave official assistance to the building of temples, public squares and good houses. He educated the sons of the chiefs in the liberal arts, and expressed a preference for British ability as compared to the trained skills of the Gauls. The result was that instead of loathing the Latin language they became eager to speak it effectively. In the same way, our national dress came into favour and the toga was everywhere to be seen. And so the population was gradually led into the demoralizing temptation of arcades, baths and sumptuous banquets. The unsuspecting Britons spoke of such novelties as ‘civilization’, when in fact they were only a feature of their enslavement.’

    Tacitus Agricola chapter 21, translated by H. Mattingly, Penguin 1948, 1973

    alis…mihi uidetur, rex, vita hominum praesens in terris, ad conparationem eius, quod nobis incertum est, temporis, quale cum te residente ad caenam cum ducibus ac ministris tuis tempore brumali, accenso quidem foco in medio, et calido effecto caenaculo, furentibus autem foris per omnia turbinibus hiemalium pluviarum vel nivium, adveniens unus passeium domum citissime pervolaverit; qui cum per unum ostium ingrediens, mox per aliud exierit. Ipso quidem tempore, quo intus est, hiemis tempestate non tangitur, sed tamen parvissimo spatio serenitatis ad momentum excurso, mox de hieme in hiemem regrediens, tuis oculis elabitur. Ita haec vita hominum ad modicum apparet; quid autem sequatur, quidue praecesserit, prorsus ignoramus. Unde si haec nova doctrina certius aliquid attulit, merito esse sequenda videtur.

    • Translation: The present life of man, O king, seems to me, in comparison of that time which is unknown to us, like to the swift flight of a sparrow through the room wherein you sit at supper in winter, with your commanders and ministers, and a good fire in the midst, whilst the storms of rain and snow prevail abroad; the sparrow, I say, flying in at one door, and immediately out at another, whilst he is within, is safe from the wintry storm; but after a short space of fair weather, he immediately vanishes out of your sight, into the dark winter from which he had emerged. So this life of man appears for a short space, but of what went before, or what is to follow, we are utterly ignorant. If, therefore, this new doctrine contains something more certain, it seems justly to deserve to be followed.
    • Book II, chapter 13
    • This, Bede tells us, was the advice given to Edwin, King of Northumbria by one of his chief men, at a meeting where the king proposed that he and his followers should convert to Christianity. It followed a speech by the chief priest Coifi, who also spoke in favor of conversion.

    Neo Liberalism is the new Christianity and it comes not from Rome but from Washington. EU neo Liberalism and Conservative and Labour Party Neo Libveralism will as surely exit the hearth of our Vassal politicians according to the political expediencies that emanate from Washington. There the creed presently is Neo Liberalism/Neo Conservatism . But not if the Sanders love train steams into Town.

    TTIP it is whether in or out just as the irish had to Swallow the Euro despite voting against it, the question will be asked again or the policy imposed according to the imperial powers will and not according to the local power structures whose power is merely leased or  draped over convenient political intermediaries.

    Remember when the Romans left Britain’s shores the Dark ages did not descend Hobbes ”brutal and short life´´is  the received Establishment propaganda of the enlightenment era and a rationalisation of Roman foundation myths mixed with Christian/pagan confections. The centralisation of Power from a heptocracy into a single monarch and the divine rights of kings is that political epochs foundation myth or noble lie. If you want to go Back to the Greeks Plato´s republic will give that civilisations version of the play book. So going into the seventh inning who´s on 3rd base?

    If Bernie is coming in to hit a home run at the top of the ninth inning, Brexit is really just the little league. If Bernie ushers in the beginning of the end of the neo liberal globalist experiment Washington may stop meddling in Europe and the Middle East just as Rome retrenched to the Eastern Empire and Byzantium. https://en.wikipedia.org/wiki/Byzantine_Empire.

    So for the seventh inning stretch of the truth forget the little league of EU politics and look for the Dangerous pitcher and hitter a movement that will bring that super-predator of all super-predators , Wall Street to heel. If you aren’t feelin the bern and are still watching the little league you haven’t been paying attention these past 36 years since Thatcher and Reagan sent us all on this wild goose chase of Game theorised dysfunction.
    #feel the Bern!

     
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