The ideological errors of capitalism, V -- culture

Moral: Wherein we consider that the ideological problems, namely absconders, shell games, unconscionable exploitation of Adam Smith, and the Ca-pital-sino are not sufficient. Culture, and the lack of a Magna Carta, need attention.

---

Ideological errors:

I - Casino, II - Adam Smith, III - Shell games, IV - Made-offs, V - Culture, VI - Classism, VII - Wealth, VIII - Disingenuity, IX - ... (list does not end)

---

Yes, culture has run amok. Capitalism grew up in an environment that stressed gaming since players (serfs) feed their earnings to the lords (fat cats). Then, when the computational came more to fore, machinations that are counter to a sustainable future got more reward than did reasonable considerations about issues, such as undecidability, or did honest labor.

What? We need to look at 'must and may' in this context.

Yes, it's time to bite the bullet and discuss how overlaying our realities with models, abetted by our beasts, is problematic from the get go.

We like to think in musts, as in things being true or false. Gamers bring in 'may' from one particular world view. Thinkers note that the world is more gray than black and white.

One 'must' is what drives arbitrage's necessity. This ought to be a public good, not privatized (as we see with this example).

That we have to manage the 'may' aspects, and agree on the 'musts' set, is paramount. But, under what framework is this to be done?

Where did this 'must' and 'may' come from?

----

ACM published an article in its Communications that struck a chord (Intro, Article). The topic seemed to offer ways and means for discussing some of the issues related to undecidability. The concept was brought up earlier in the context of discussing the Vienna position relative to the mathematization of some markets.

Now, mind you, while reading on, consider how the issues related to programming might be considered in the small as opposed to what we as humans face daily. However, we are overlaying computation on reality and making decisions thereby. In a sense, we're limiting the larger world to what the computational model can handle. Also, if there are problems in the small world of programming of the computer, cannot these suggest that those larger world problems might, in some cases, learn from what we know of computation and, too, ought we learn how to know about the 'undecidable' analogs? It's that latter part that is some troublesome, mostly since people more easily adopt comfortably closed world views than not (case closed).

The article talks about the three main issues. Firstly, there is language. Of course, on the computer side, we still talk semantics. But, closure is easier to impose. What problems do we see from our big set of natural languages? Needless to say, right from the get-go, there is a big thing looming. Secondly, we see a bow to the notion that a duck test is about all that we can do in many cases (especially, politics - joke). But, the larger issue is that dynamic states are what we deal with more than any type of limiting static analysis. Does that not complicate things? Thirdly, we need to make decisions using our language, properties assigned to entities within the frame of reference, and some type of reasoning.

Now, for all of these, the problems in the small on the computer are much more amenable to solutions (to wit, the internet, et al - though, to be fair, you don't have to go far to see failures). In the large, things are much more complex. One benefit of computational modeling is that we can learn how to identify problems and put them into some mode for being solved. Computation, in that sense, is only a continuation of the western mind's orderly (oh, wait, not so orderly) progression along the axis of improvement (ah, arguable, too).

But, the article shows that, even in the small, things are not as easily handled as many think, especially the young (yes, you, Microsoft, for one, -- gosh, I argued with some of those young whippersnappers way back in the early 90s, ..., oh well). You can think of the 'must' and 'may' sets as depicting those things that must follow (either true or false) and then that big thing of unknowns and their may'ness (neither true nor false). Of course, the idea is to have a strong set of musts and an ordered set of mays, these latter, it is desired, being more prevalent to those almost 'must' but not quite.

The point, here, is that we'll continue to use the concepts in trying to lay out why capitalism stinks, in its current form, for everyone but those who are on the taking side (0.2% taking more than 99.9% of the income or some such inequitable, and non-sustainable, number). Too, some fields, such as those related to systems engineering and operations management, are looking at how to do things better (and Lean is a chimera, in some cases, which I intend to show). But, those fields tend toward increasing the overlay. I say, to those folks, hey wait, in the small is loaded with problems. It's to be willy-nilly imposed on us?

Ah, yes, the miracle of superposition.

Remarks:

01/08/2019 -- Added in the index of posts on this subject.

09/01/2015 -- This was written five years ago. That was before QE infinity. Back then, any one who had gone through this before was looking for an unwind. But, that did not happen. The Fed doubled down, then tripled, down, then ... So, the addicts ran things to an inflated state (yes, appropriate usage). When Ben did mention some taper, they had a tantrum. ... So, here we are, in a corner, into which we have been painted. What will be the end result? Meaning, when things finally unwind? ... What we know is that Main Street did not benefit to the extent as did the pampered of Wall Street. Too, we see that computation is being exploited by idiots. The WSJ, on Saturday, mentioned one area. But, who is talking anything about moral hazards, these days? Well, you did read it here and ought to know that we have not forgotten its meaning.

03/16/2015 -- Let them eat cake.

07/28/2011 -- Cambridge non-commoners.

03/11/2011 -- Wired asks, ought we care? About I-Phone suicides.

10/26/2010 -- Adam knew the failings of 'free markets' quite well.

10/14/2010 -- Capitalism, as known now, requires an endless supply of suckers.

09/27/2010 -- Capitalism is for the good of us, let's bring that forward.

09/16/2010 -- So, ill-cultured-ness came from the classist's basis.

Modified: 01/08/2019

Chimera II

Moral: Wherein we muse about the games currently named the 'markets' and about their inability to give most any fair deal (Image: derivative traders beseech the altar).

--

The gaming abstraction really took hold in the latter part of the 20th century as computational systems improved. Trouble is, the machines took over, for various reasons, but the prime reason is that machinations by the best-and-brightest to, essentially, milk off the top back-fired, upon them and us.

And, Big Ben, and his crew, have not been able to unwind the situation. In fact, Big Ben, you have put the US taxpayer on the hook for trillions. And, in that wonderful environment of Jackson Hole, you just promised to put us further in hock, just to please the gamers.

Ah, the gamers rallied for a day, did they not? Granted Adam talked the 'spirits' as being of importance. But, the current spirit is so far removed from any reality that no one knows how to get the top spinning again.

Well, Megan provides a pretty good overview of what not to expect in this article: The Great Stock Myth. Actually, she makes the issue pretty clear.

From whence, new royalty, did you get the notion that you could make 30% per year? Divine right of kings?

The key is to save and to protect, not just milk the system. And, funding of future payouts has to get some attention. That is, the mode of only getting to within 60% of some goal and then expecting returns to make up the difference was idiotic, has always been idiotic, and could never hold up, in the longer run. We have to fund further than that.

However, once there is the accumulation, where, then, is there safety (that is, absence of malfeasance) so that the funds are available when needed? The equity markets, as currently played so boisterously every day, are not the place.

We can easily note that people have chased after unsustainable returns for some time now. Did they always? Well, in the past 20, or so, years, the illusion was fostered by machinations founded upon computer systems (this we can get control of, truth engineering, essentially).

What is sustainable? That number is something that we can discuss, and define. The concept of near-zero would apply. That is, no excessive return comes about without deprivation of another's position. All the talk about non-zero sum rests upon what one might consider a suspect world view (it is a simple matter similar to that of there not being perpetual motion - or, in other words, continuing the surrealism of economics and its dismal domain).

Actually, what is a return? Making money on other people's bellying up for some stock is not a return even though we let that sort of thing happen now. Yes, on the tele the other day, a trader was bragging about how they are making money: buying low and selling high (part of the milking process that ought not be allowed). Too, we have seen the few with multiples of take beyond imagination.

Yet, the types of returns that we see with the games (or current markets) are a strong equivalent of those associated with the Ponzi notions. Or, ought I say Made-off? As, his computational system put out sufficient reports (actually, trash, as we know in hind-sight) to make a whole bunch of people think that they were just raking it in.

In many cases, we have exported colonialistic entrapment, and exploitation of workers, to elsewhere. Of course, the goal was to obtain cheap products to sell; however, huge returns were another goal. That whole thing, definitely, is not sustainable in the long run.

How can the US have jobs when the main thrust of those in charge is to push exploitation overseas? But, the US worker wizened up,over time. Hence, the offshore focus. So, it's time to consider a Magna Carta for business. For people to spend, they need much more than access to unending debt. And, the new kings need to be put under some type of oversight beyond the 'yes' man scheme that is now in vogue.

By the way, the US economy, as a whole, needs to wake up to debt issues, to boot.

Remarks:

12/15/2012 -- Coase, on the subject.

10/05/2012 -- Yes, yes, chimera it is.

08/04/2012 -- I can hear it: with the DOW over 13K, what are you talking about using 'chimera'? Well, look at the dire warnings, for one. Are you looking at FB as a poster boy? We'll get technical and explain the problem. Do we have a solution, at this time? Yes, essentially.

02/24/2011 -- People matter.

01/27/2011 -- The chimera shines.

01/19/2011 -- For the most, things are dire, not by necessity.

11/02/2010 -- Over a year later, the message is the same, except some changes have occurred. But Big Ben continues in his ways. Of real note is that the jobless rate is high; out-housing really set up for that. Also, we need to re-look at that learned from the 'vons' guys, Ludwig and Friedrich. See Near Zero.

09/02/2010-- The FED just had their hoe-down.

Modified: 12/15/2012

New royalty

Moral: Wherein we muse about topics that are old yet always seem to have a new place at the table due to open issues, such as, only the favored (not any more royal than any of the rest) getting a fair (supposedly) deal. Image: King John signs.

---

As Jim at the New Yorker says, the very, very rich (0.01%) are pulling away, in terms of accumulative multiples, from the very rich. What we need to look at is the reality of near-zero (excessive takings, of any type, are lop-sided and are really not much different in character than exorbitant taxings (used to support the leisurely life of the royal set, in many cases) - not arguing against a larger percentage tax for super earners, by the way).

This blog is about the dismal field that is so little understood in practice (yes, theory abounds, that there is a lesson) as to be comical (think Keystone cops) except that the consequences suffered by some is dire, indeed. Those in control are looking at each other wondering how to get things moving; there is real pain at the main parts; and, has anyone seen an end to the mess?

By the way, what is a 'royal' in the discussion here? Anyone with an out-sized sense of entitlement; the 'new kings' are more in the set than the lowly worker trying to make a living (usually subsistence). Again, reminder: those dealing with money, and its control, ought to have taken some equivalent of the vow of poverty (as evidenced by simple living).

Those trying to create a proper economic realm could look at what a Magna Carta for the system's role players might look like. Workers would get more respect and support, perhaps lessening the motives behind unionism.

That focus would help alleviate some of the mania attached to capitalism (yes, Adam's little system, so much mangled). Also, the artificial (as in, that basis which has been allowed to grow under the guise of interloped mathematics) would be constrained. Currently, these systems, and those who ride herd for their daily takings off the top, seem to run things, mostly in an amok manner.

Labor needs respect; those who touch matter are of far more importance than the modelers, and gamers.

---

Each generation seems to try to relearn what was known before. But, were things known, or do we impose notions through historical, and other ex post facto, views?

The question ought to be pondered in the context, as an example, of how change has been the most prevalent component in computational spheres, with deleterious effect.

Ah, is there some type of slate that is wiped clean from time to time? Technology, and its progress, seems to have this type of effect.

Or, is it that we, as a kind, have never been successful, across the board, of inculcating the best into our progeny. Of course, there have been families that have excelled long periods of time. Can this be considered the norm?

Yet, the young folk, starting early, spend a significant part of their year, and each weekday, in a milieu, that does include some element of indoctrination.

What are they learning early of economic realities? How are they attaining knowledge that debt, and perpetual accumulation thereof (oh, yes, like the US currently), leads to the state not unlike that of the indentured servant, of old?

---

'Nothing new under the sun' is the adage. That events of 800+ years ago are still of interest, and utility (capitalism has usurped this notion along with many), will be a continuing theme. The 400+ of those issues being brought to this side of the pond is the motivation.

Remarks:

07/25/2015 -- We're about six weeks after the June look back at 800 years ago (Magna Carta). Too, though, poster boys have popped out of the woodwork, including Zweig.

03/16/2015 -- Let them eat cake.

07/31/2013 -- Ben cannot unwind or taper down; he has too many Doves. We'll have to get back to the king thing (yes, the divine rights of the CEO, new royalty, in other words) and dampening of these types by a new outlook (Magna-Carta'ísh).

03/25/2013 -- The Atlantic had an article about King Abdullah II. Now, he is an example of a doer, from several angles. What I liked when I read it was that while being educated in Massachusetts, he bussed tables. What that means for those who don't know is clean up dirty dishes and such. When I, as a young man, was in the US Army, we had still had KP duty which included such types of things. Another task that ought to be tried once by everyone: cleaning the grease pit.

01/14/2013 -- Jamie, the banker, talked about some running around like children. Worrying about their career, when things fell out with the "whale" deal (remember that?). Well, Jamie, it's the childish stuff that pushes people to be like yourself, attention seeking, et al. How many really wise people rise to that level? Not, as it takes incompetence to even make the first step. Now, these folks are the new princes, princesses, and kings and queens. Yes, indeed. Their may be some necessity for the ilk; playing games is one of them. The more I read on the type (as epitomized in the royals of Europe -- elsewhere, to boot, but, let's just keep to one continent), I see fratricide, maniacal maneuvering, and more. Gosh, are we doomed from the get go, a cynic (which I'm not) might say.

01/13/2012 -- We'll go more into why the need for the Magna Charta, this year.

10/20/2011 -- The spawn'er of the new royals.

10/07/2011 -- Magna Carta, the celebration thereof.

09/21/2011 -- On Wealth and the CEO MVP.

05/25/2011 -- Lemons problem, dark pools, ... Oh, so much to look at!

05/09/2011 -- This needs to be looked at in terms of doers.

04/04/2011 -- Need to look at some background.

01/03/2011 -- Ah yes, now there are demands. The question remains: what growth other than the pockets of these types?

12/05/2010 -- Raj Patel has the proper grasp on the 'financial madness' that is threatening us.

11/01/2010 -- von Mises' thinking applies here.

09/21/2010 -- Facebook, as metaphor.

09/02/2010-- The FED just had their hoe-down.

08/31/2010 -- The chimera needs to be dismantled and rebuilt. Those running the money systems need to take a vow of poverty and simple living (period).

Modified: 07/25/2015

Fair deal

Moral: Wherein we consider that the big chimera is more shell-game than fair deal.

---

We all know that the basis for an economy to be just is the imperative of the 'fair' deal. Generally, we also include that the deal is 'fair' for all concerned. Now, the reality of near-zero would suggest that those 'concerned' is a much larger set than usually considered so far. Most business deals do not have a proper accounting (to be defined).

For one, the old polluters did not bring the denizens of the earth into their thinking. Too, those at the top, fat cats essentially, play havoc with the common weal with results as we have seen of late. That is, they still got their bonuses even though the majority suffered. There are people working three jobs just to stay afloat; fat cats who think that they work hard need to wake up.

Open challenge: There is no CEO of a large corporation who could stomach the stress, endure the terror of bad managers, perform with any sort of efficacy in the tasks that have been imposed, or even bear the life and the work situation of their workers. The caveat: I have to be involved in seeing that they 'fairly' have the proper experiential event (perhaps, there would be some existential realization on their part at undergoing such -- to wit, embedded boss show of the past summer did suggest some of this) in all the angst raising detail.

For the capitalist who runs around the world trying to extend the number of potential people that he or she can exploit, the 'fair' deal would include what labor needs for survival and for future security. Henry Ford knew that 100 years ago. Consumers need to make money to spend; where the 'hell' is this supposed to come from, folks, if not from wages and earnings?

It is a truism that gains on the pseudo-markets (stock, derivatives, ...) are not 'real' in that for every gain by one (or the few) there is loss by the many (if not the most).

Today, Irving Picard, the righter of the unbalances of the Made-off affair, is quoted in the WSJ as saying that he is after those who made money at the expense of others. Oh? Irving, do you not know that American business has descended to that which is doing other than 'fair' in order to line one's pocket? And, we've allowed this! That is, we as a society have allowed this, forgetting for the moment those politicos who salivate at the thought of money and downright slobber at the touch of the buck to their hand.

And, we did it under the guise that Adam Smith was the Prophet. Give me and him a break, people. Interlopers have taken over the economy of the west (however, defined - we'll get to that). And, China now has inroads to manipulate as they may and will to do so. Perhaps, we'll all learn.

Remarks:

01/20/2013 -- The bad spirit of the thing.

12/22/2012 -- Fair and open actually used in a WSJ article.

10/07/2011 -- Magna Carta, the celebration thereof. We need one of these for business. What would it look like?

Heard, from others, that the Wall Streeters jeer: we cannot help that we are good at what we do, find a job you lazy protesters. Oh, yes, Wall Streeters, you are good at what, exactly? Oh, yes, having defined the shell game, then you keep it running so that monies are sucked out of the pockets of the hapless.

09/21/2011 -- On Wealth and the CEO MVP.

04/03/2011 -- Need to look at some background. Too, tranche and trash.

03/17/2011 -- On the rise of the professional politician (will there ever be the citizen polico? that is, those who do not salivate when a buck is passed beneath the nose) toward robber barony. The M & Ms are apropos. As well, need to bring in Schervish's viewpoint.

10/14/2010 -- Capitalism, as known now, requires an endless supply of suckers.

09/27/2010 -- Capitalism is for the good of us, let's bring that forward.

08/21/2010 -- The new kings are not 'royal' by any means; they're mainly takers (exploiters) extra-ordinaire. We need a Magna Carta, for business (local and global) in which rights of the workers (how else a consumer economy?), and more, are addressed. What would this look like?

07/27/2010 -- The Boston Globe had an interesting op-ed, recently, about these types. Of course, there are several types of best and brightest, including the quants. We'll need to address this topic again using what we know of the new kings. Ah, such confidence when underdetermination reigns.

Modified: 01/20/2013

Mastered by machines

Moral: Wherein we consider that the sirens related to the big chimera just might have the purpose of helping the interlopers to hide the fact that the shell-games are stacked more in their favor, via computation, than we would like to consider.

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Sorry state of affairs, folks.

We need to thank the USA Today for this look at what has been put on us as a yoke by the best and brightest.

Pure idiocy. All this under the name of a 'market' driven economy. Give me a break (we need to reclaim the lessons from Adam).

Some of the real founders are rolling over in their graves.

Remarks:

03/16/2015 -- Let them eat cake.

01/13/2012 -- We'll be coherent and thorough as we discuss issues (out of control) related to this theme.

03/17/2011 -- On the rise of the professional politician (will there ever be the citizen polico? that is, those who do not salivate when a buck is passed beneath the nose) toward robber barony. The M & Ms are apropos. As well, need to bring in Schervish's viewpoint.

02/01/2011 -- The chimera shines.

10/07/2010 -- Several principles need to be explored, such as the ergodic one.

08/30/2010 -- The 'chimera' need some attention.

07/27/2010 -- The Boston Globe had an interesting op-ed, recently, about these types. Of course, there are several types of best and brightest, including the quants. We'll need to address this topic again using what we know of the new kings. Ah, such confidence when underdetermination reigns.

07/25/2010 -- Not run into the ground by machines so much as by the antics of those who use the distraction of complexity to cover their malfeasance'd purposes. You see, some always use advances in technology (and knowledge, in general) as a means to obtain gain. Just taking that tact is questionable ethically, but business has adopted the jungle metaphor (albeit, without real foundation for this choice). Hence, some justification for twisting new situations for means of gains probably can be found; Lord knows, too, that some adore those who have massive collections of wealth. Some of those who bought into the one known bad guy (ah, AIG was probably full of wrongful thinking if truth be known), namely Made-off, and his game did so because they were told that they were joining an exclusive and privileged group. The solution will rest on a better foundation that goes beyond gaming and money'd politicos.

07/21/2010 -- That we let systems run wild says a lot about us. That economics requires systems means that issues of control, truth, and related are of utmost interest to any attempt at founding a better basis. We'll get there, folks, by taming several speculative thrusts that were emboldened by theory, game and otherwise.

07/11/2010 -- Every which way that we look, are there not oops?

Modified: 03/16/2015

Early Fathers

Moral: Wherein, post the fireworks, picnics, parades, and such, we consider that the real Founders set the stage for those who are usually thought to be the luminaries deserving of our attention and that those real Founders were not of the 'new king' type.

---

The U.S.A just had the annual celebration, on the 4th of July, of the Declaration of Independence. That is, the occasion of the signing is the focus. We hear about the Founding Fathers and see the portrait of the inking moment. We also are reminded about John Hancock.

Yet, the framework for this event started over a century earlier. We will be touching upon this as it applies to the contexts of the blog. For starters, let us just look at three of the folks who might be characterized as Founding Forefathers. The order is chronological.

• Firstly, we do have the backbone, as an example, whose contributions, through his progeny, were multiple and necessary.
• Secondly, we have the Church of England luminary who argued for church-state separation. He founded Hampton, NH with several leading families after removing himself from the clergy-run state to the south.
• Thirdly, we have Rev John Wise who was characterized by President Coolidge as one of the inspirations behind the Declaration. Through his wife, Abigail Gardner, Rev John was a great-uncle of President John Adams.

This list is by no means complete and will extended. One intent will be to include Founding Foremothers, to boot, which will be the subject of the next list.

--- Post note, added July 4th, 2014 -----

Founders, yes, but forefathers, too. Again, we are looking at three (ggps - great-grand-parents) who, in chronological order of arrival, are considered further. None of these were heavy into the Puritan ethnic mores of the heavy-handed type. The contributions of two of these were 100 years prior to the Declaration of Independence.

Thomas Gardner (d. 1674) - The subject of this blog, we can point to a recent Gardner Beacon issue for further information about his life. We know little of his origins, however his character is known by his children and offspring. 

Stephen Bachiler (d. 1656) - Oxford graduate. Disliked the religious state that was Massachusetts. Being 70, he was not easily subdued, hence we have New Hampshire.  

Rev. John Wise (d. 1725 - of Harvard) - Took on the King's representative, Gov. Andros, in regard to excessive taxation. Too, Andros had the notion that the colonists gave up their rights as English citizens when then left to come to the New World.  

Now, we also need to consider how the Magna Charta concerns itself with requirements that are still unresolved in terms of the life of the average American and of humanity, in general.

Remarks:

01/31/2019 -- Lots has changed in these nine years. We will be summarizing them. One context: 400 or so, for one. We're building an example portal at TGSoc.org. Coverage is broad: 10th year, Content vs configuration, Culture/history/technology, and more.

06/14/2014 -- Cognitive elitism. Will be getting back to this.

02/11/2012 -- Example of the senselessness of the ca-pital-sino give to us by the best-and-brightest.

09/19/2011 -- Not Foremothers yet, but we're getting there.

06/29/2011 -- See Gardner's Beacon for continuation on the theme.

08/21/2010 -- Some who came here were of royal descent (this characterization used to honour the heritage and yet to acknowledge that the traditions did not continue here). It would be interesting to see what overlap there is between those who take/accumulate and a royal heritage (that is, it's in the genes). However, there may be many who held to the ideals associated with the undertakings here and who live simply (meaning, they have no role in the current messes which are directly attributable to several malefactor's ones).

Modified: 01/31/2019

Perelman's lesson

Moral: Wherein we consider that there are those for whom the sirens, related to the big chimera, have no hold. These are the 'real' kings (as opposed to the interlopers who are ruining everyone's world) who allow us to hope that we can develop the real backbone of the economy which is necessary for our future and that of our progeny.

---

In this day, when the www allows unconscionable exposures to the trivial, via means like twitter, we have a phenomenon like Grigori Perelman to ponder. Not only did he do work for the ages, his sense of justice is remarkable.

As said before, monkeyed up mathematics, abetted by the computer, has wrecked havoc through things like 'quant' views that are rampantly being imposed everywhere.

Yes, folks, we have allowed a type of idiocy to be superposition'd over ourselves in a mode that is accelerating quickly. Characterizing this, for the means of understanding and for the purpose of managing (that is, growing up beyond the diaper'd (yes, many CEOs and their ilk) set), seems (ought?) to be a topmost priority.

Remarks:

05/08/2013 -- We'll get back to the topic of misuse but, for now, consider this. If there is such effort and resource needs for proofs (CACM April, 2014 - we'll get back to this more fully), how can the cowboys be comfortable with the spawning systems willy-nilly upon the hapless populace? Oh, of course, money as the motivation (and principle means of measurement). God help us.

04/20/2011 -- Simple living (see Remarks 04/15/2011 - game theory), as opposed to greediness.

04/04/2011 -- Need to look at some background.

03/17/2011 -- On the rise of the professional politician (will there ever be the citizen polico? that is, those who do not salivate when a buck is passed beneath the nose) toward robber barony. The M & Ms are apropos. As well, need to bring in Schervish's viewpoint.

01/03/2011 -- Ah yes, now there are demands. The question remains: what growth other than the pockets of these types?

12/05/2010 -- Raj Patel has the proper grasp on the 'financial madness' that is threatening us.

08/30/2020 -- Can't blame Ben for liking Jackson Hole. But, those driving our money systems need to take a vow of simple living.

07/02/2010 -- Remember, our bane: politicos, and some economists, are those who salivate when a buck is passed beneath their noses. Let me have 10 Grigoris, and we would put the proper foundation beneath the economic reality.

Modified: 05/08/2014