Hedge Funds Startup - Simplified

Freedom of Movement

Consider what life was like over 105 years ago, in San Francisco, in 1905, on Market Street, well before the Federal Reserve was founded in 1913. Here is a movie that was found, and put on youtube. The freedom on the streets is amazing; no rules of the road, nobody is hurt, people are dodging cars, driving the wrong way, it's just amazing.



Watch it on You Tube and don't miss the Comments section....here's one highly rated comment from stopbeingamoron:
'We may have progressed technologically, but watching this clip shows me how we have actually regressed in much more significant ways as a result of that technology.'

Its INDEED all about Money, honey!

What follows is a very entertaining, creative, and educational movie about the money system in Canada. Yes, it’s almost all applicable to the entire debt-backed money world, be it USA or INDIA. There are some editorials you may not agree with, but I think it’s worth your time overall. This is a good one to share with those who may not be familiar with the way money works – in other words nearly everyone!

Total running length is 1 hour and 36 minutes. You can view their homepage here: Oh Canada – The Movie

Here's a short sample:


This Link will take you to all the parts of the full video!

Unveiling of Synthetic Life - Craig Venter

Earlier Presentation.....On the verge of creating Synthetic Life!

Pink Floyd - Another Brick In The Wall (Live)

"Obama" at his best!

Enjoy.....


And more....


Link

2012 Event Horizon: Prophecies and Science of a Golden Age, by David Wilcock — Part 1

There are a total of 4 parts...For the rest of the 3 parts...go here for PART 2, PART 3 and PART 4

In this heavily-anticipated sequel to 2012 Enigma, (#1 Most Viewed on Google, 12/1/08), David Wilcock presents a compelling case that the prophecies of a Golden Age are not myth or superstition. Our DNA has been evolving 100 times more rapidly in the last 5000 years due to a natural galactic process which is also creating climate change throughout our entire solar system. If the prophecies are correct, psychic abilities and powers such as telekinesis, levitation, spiritual healing and telepathy may soon become as common as breathing.

The Mayan Calendar, the Timeline in the Great Pyramid of Giza, the story of Jesus Christ in the Bible and many other ancient mystery schools and spiritual teachings all speak of a great tribulation that transforms Earth into a Utopian Age. Many misunderstand these prophecies as predicting pole shift, asteroid collisions, super volcano eruptions or Armageddon thanks to Planet X, alien invasion, Illuminati/government takeover, or a solar event.

Russian physics reveals that anti-gravity, free energy and time travel technology arise from a Source Field that is the energy of Mind, Spirit and Consciousness. Life emerges from nonliving material by Intelligent Design and evolution occurs in sudden bursts that repeat in 26 and 62 million year cycles, apparently the result of energy waves gradually rippling out from the center of the galaxy and transforming our DNA.

For at least 1200 years, crop circles have presented symbolic messages of DNA transformation and even Ascension on or around December 21, 2012. Easter Island, Stonehenge and some 4000 ancient sites are built on a Global Grid of energy that creates portals in space and time, such as the Bermuda Triangle. Rapture may indeed occur but in a very different way than most believe.

Project Camelot whistle-blowers reveal that extraterrestrials look human like us and may even be time travelers from our future! Edgar Cayce and the Law of One reveal we have a Higher Self leading us through reincarnation and Graduation.

The Foundation of Wealth

Reproduced here is an excellent piece from Nathan's Economic Edge blog....

The Foundation of Economics

I’ve been talking a lot to people lately about the rule of law and how important it is to the foundation of our economy. It is THE critical element, without it, no functional economy. You can have massive human and natural resources, but without the rule of law, you will not have capital formation and you will not have an economy that works.

The basis of a functioning economy is a rule not of man, but of nature. It is natural because man can attempt to manipulate or bypass the process, but man will lose every time they stray outside of the rules. The same rules win out every time they are tested, just like gravity. The basis of economies are ruled by the same rules of mathematics and of physics, it is bound and limited in its construct by both. Create a system that is not harmonious with those bounds and well… welcome to exponential math and the limits of the physical world.

Sometimes when what you’re doing isn’t working, it’s best to get back to the basics. Allow me to start with a most fundamental concept, one that many people are aware of but may not be able to verbalize real well. I call it BE – DO – HAVE. The concept is simple. In order to have, you must first BE, then DO… THEN you can HAVE. Take, for example, the lotto winner. They skip right over BE and DO and proceed straight to HAVE. This is what people are attempting to do every time they gamble, every time they buy that ticket at the 7-11.

And what happens to those lucky enough to win, do they hold onto their wealth? Of course not, they failed to first BE and then DO. Thus they do not HAVE for very long.

My point? The same thing is true for nations. This is the root of socialism and WHY it is not harmonious with nature. Sharing the wealth destroys work ethics, it undermines BE and DO. It is an attempt to HAVE from the efforts of others. I was in the Soviet Union at the height of the cold war, I saw the lack of work ethic first hand. I saw how it impeded the progression of mankind – it was like stepping back in time 50 years or more. Innovation? Forget it. Security? No way. Freedom? Hardly.

Of course Plutocracy, rule by the rich, is hardly efficient at advancing humankind either. That doesn’t work because it too eventually destroys work ethic, serfs and slaves forced to give away all their productive efforts will eventually give up.

A Dictatorship, Mr. Chavez, is also an attempt to proceed directly to HAVE while skipping over BE and DO. This is why dictatorships do not last; they too are not harmonious with nature.

So let’s take a look at the basis of a healthy and functioning economic system, one that is built upon a solid foundation.

Pyramid of national wealth:

Note that the first bricks of the foundation are built upon the rule of law. They are not built upon money and they are not built upon human or natural resources. The rule of law comes FIRST, without it the others are meaningless.

If you attempt to head straight to wealth, you are skipping over BE and DO. This is the current method, it is top down, not bottom up. This is why money printing fails, it is not real wealth, and it is the “solution” being offered. It is destined to fail in exactly the same way that the gambler is destined to die broke.

Think that our nation can just go straight to creating jobs? Never happen, will never work without first starting at the foundation and building your way up to it. Think you know the answer to job creation? Build this project, build that project? If you think that you can just fire up job creation, you are mistaken.

Large projects and infrastructure building, real wealth, cannot be stolen, it cannot be dictated. In order to create jobs, the rule of law must be in place, a system of exchange and way of providing capital must work, there must be human resources at the appropriate level, there must be natural resources available, and THEN you can HAVE jobs that build wealth.

THE RULE OF LAW:

The rule of law is necessary FIRST because without it capital will not be formed, it is not attracted, it will not concentrate. Would you give your money to Hugo Chavez as an “investment?” Would you lend your money to someone who is constantly changing the rules of the game? Would you put your money to work by giving it to a lazy person with no work ethic? Would you lend your money to someone who spends three times what they earn?

NO? Neither would I. Capital, you see, is free to come and go as it pleases, it is a part of nature and it cannot be contained, not in the long run.

Lawmakers skipping over and creating new procedures to pass healthcare? Is that the Rule of Law? Bailing out bankrupt companies, is that the Rule of Law? TARP, Quantitative Easing, Mark to Fantasy accounting, government buying of mortgage paper, are those the things that comprise the rule of law? Private individuals charging people interest to use their own money system, is that the Rule of Law?

These things are gouging huge holes in the foundation of our economy. They are causing capital to flee. This is a part of why so many do not have jobs, and why we are becoming less wealthy as a nation. It begins at the foundation. Who is responsible for maintaining the rule of law, the foundation? It is WE the People.

MONEY/ EXCHANGE SYSTEMS:

Money and exchange systems are necessary to provide working capital. Want to build a nuclear power plant? Where’s the capital coming from? Capital concentration is completely necessary to the advancement of human kind. A person and his capital can accomplish little things. Combine capital with several partners and you have the basis to accomplish something greater – the core of a simple partnership or business.

Want to send wooden sailing ships across the ocean without risking ALL your capital? Better have some limited liability, the foundation of corporations and the next level of capital formation that was necessary to advance humankind.

Want to accomplish something larger than is capable by a corporation? You will need capital that is directed and formed by government. That capital, however, will not last long if it is manufactured or not formed in accordance with the rule of law.

Let’s go back and visit the way in which capital is free. You may recall from the following diagram from my article Asset Classes and Capital Flow…

There are 5 principal asset classes:

1. Currencies – for capital to flow from one asset to another, it must first be exchanged for currency.

2. DEBT – Debt, because our money is backed by debt, it is as large an asset class as currency. Yes, debt, although likely a liability to you is an asset to someone else. An asset to someone, like say, the central bank who issues an instrument of debt when YOUR money is created.

3. Equities – Providing working capital for corporations is an essential process for capital formation. This is, in case you have forgotten, the reason that we have stock markets. No, they do not exist for the pleasure of market makers, quants, banks, or gamblers in derivatives.

4. Real Estate – Sections of the earth. Under our current rule of law, by the way, you don’t really own, you rent.

5. Commodities – Things of the earth.

It’s a fascinating study watching money pour from one asset class to another. The equity bubble in technology leading up to the year 2000… pop, into currency, into real estate… pop, into DEBT, pop… and now which asset class do you see capital flowing to?

New home construction lowest level on record. No, not there, keep looking. Meanwhile, with each cycle the DEBT piles higher, our money system adds on another three zeros. We are forgetting the basics, it’s time to head back to the fundamentals.

Link

A note of appreciation from the rich!

Let's be honest: you'll never win the lottery.

On the other hand, the chances are pretty good that you'll slave away at some miserable job the rest of your life. That's because you were in all likelihood born into the wrong social class. Let's face it — you're a member of the working caste. Sorry!

As a result, you don't have the education, upbringing, connections, manners, appearance, and good taste to ever become one of us. In fact, you'd probably need a book the size of the yellow pages to list all the unfair advantages we have over you. That's why we're so relieved to know that you still continue to believe all those silly fairy tales about "justice" and "equal opportunity" in America and the world.

Of course, in a hierarchical social system like ours, there's never been much room at the top to begin with. Besides, it's already occupied by us — and we like it up here so much that we intend to keep it that way. But at least there's usually someone lower in the social hierarchy you can feel superior to and kick in the teeth once in a while. Even a lowly dishwasher can easily find some poor slob further down in the pecking order to sneer and spit at. So be thankful for migrant workers, prostitutes, and homeless street people.

Always remember that if everyone like you were economically secure and socially privileged like us, there would be no one left to fill all those boring, dangerous, low-paid jobs in our economy. And no one to fight our wars for us, or blindly follow orders in our totalitarian corporate institutions. And certainly no one to meekly go to their grave without having lived a full and creative life. So please, keep up the good work!

You also probably don't have the same greedy, compulsive drive to possess wealth, power, and prestige that we have. And even though you may sincerely want to change the way you live, you're also afraid of the very change you desire, thus keeping you and others like you in a nervous state of limbo. So you go through life mechanically playing your assigned social role, terrified what others would think should you ever dare to "break out of the mold."

Naturally, we try to play you off against each other whenever it suits our purposes: high-waged workers against low-waged, unionized against non-unionized, Black against White, male against female, American workers against Japanese against Mexican against.... We continually push your wages down by invoking "foreign competition," "the law of supply and demand," "national security," or "the bloated federal deficit." We throw you on the unemployed scrap heap if you step out of line or jeopardize our profits. And to give you an occasional break from the monotony of our daily economic blackmail, we allow you to participate in our stage-managed electoral shell games, better known to you ordinary folks as "elections." Happily, you haven't a clue as to what's really happening — instead, you blame "Aliens," "Tree-hugging Environmentalists," "Niggers," "Jews," Welfare Queens," and countless others for your troubled situation.

We're also very pleased that many of you still embrace the "work ethic," even though most jobs in our economy degrade the environment, undermine your physical and emotional health, and basically suck your one and only life right out of you. We obviously don't know much about work, but we're sure glad you do!

Of course, life could be different. Society could be intelligently organized to meet the real needs of the general population. You and others like you could collectively fight to free yourselves from our domination. But you don't know that. In fact, you can't even imagine that another way of life is possible. And that's probably the greatest, most significant achievement of our system — robbing you of your imagination, your creativity, your ability to think and act for yourself.

So we'd truly like to thank you from the bottom of our heartless hearts. Your loyal sacrifice makes possible our corrupt luxury; your work makes our system work. Thanks so much for "knowing your place" — without even knowing it!

______________________________________
Found this at http://www.scroogle.org/. A neat search tool that overrides google ! Check it out.

Kites - Remix

Must Watch Kites (English) Trailer Brett Ratner Turns Bollywood Into Rush Hour


About Ratner's cut, one Hollywood trade analyst had this to say: "Ratner's reputation couldn't be anything further from the Bollywood norm. He's known for movies full of fast cars, fast women, and big explosions. Subtlety isn't his thing. Kites hits theaters thanks to Brett Ratner."

The Hindi trailer is comparatively tame, perhaps made to suit the local sensibilities.
While Kites releases worldwide on May 21, The Remix, a re-edited version of the 130 minute original, releases on May 28. It is only 90 minutes long and has been reworked by Ratner to be faster, younger and hipper.

Bubble # 6 unfolding !

Bubble #6: Global Warming

Fast-forward to today. It’s early June in Washington DC. Barack Obama, a popular young politician whose leading private campaign donor was an investment bank called Goldman Sachs – its employees paid some $981,000 to his campaign – sits in the White House. Having seamlessly navigated the political minefield of the bailout era, Goldman is once again back to its old business, scouting out loopholes in a new government-created market with the aid of a new set of alumni occupying key government jobs.

Gone are Hank Paulson and Neel Kashkari; in their place are Treasury chief of staff Mark Patterson and CFTC chief Gary Gensler, both former Goldmanites. (Gensler was the firm’s co-head of finance.) And instead of credit derivatives or oil futures or mortgage-backed CDOs, the new game in town, the next bubble, is in carbon credits – a booming trillion dollar market that barely even exists yet, but will if the Democratic Party that it gave $4,452,585 to in the last election manages to push into existence a groundbreaking new commodities bubble, disguised as an “environmental plan,” called cap-and-trade.

The new carbon-credit market is a virtual repeat of the commodities-market casino that’s been kind to Goldman, except it has one delicious new wrinkle: If the plan goes forward as expected, the rise in prices will be government-mandated. Goldman won’t even have to rig the game. It will be rigged in advance.

Here’s how it works: If the bill passes, there will be limits for coal plants, utilities, natural-gas distributors and numerous other industries on the amount of carbon emissions (a.k.a. greenhouse gases) they can produce per year. If the companies go over their allotment, they will be able to buy “allocations” or credits from other companies that have managed to produce fewer emissions. President Obama conservatively estimates that about $646 billion worth of carbon offsets will be auctioned in the first seventy years – one of his top economic aides speculates that the real number might be twice or even three times that amount.

The feature of this plan that has special appeal to speculators is that the “cap” on carbon will be continually lowered by the government, which means that carbon credits will become more and more scarce with each passing year. Which means that this is a brand-new commodities market where the main commodity to be traded is guaranteed to rise in price overtime. The volume of this new market will be upwards of a trillion dollars annually; for comparison’s sake, the annual combined revenues of all electricity suppliers in the U.S. total $320 billion.

Goldman wants this bill. The plan is (1) to get in on the ground floor of paradigm shifting legislation, (2) make sure that they’re the profit-making slice of that paradigm and (3) make sure the slice is a big slice. Goldman started pushing hard for cap-and-trade long ago, but things really ramped up last year when the firm spent $3.5 million to lobby climate issues. (One of their lobbyists at the time was none other than Patterson, now Treasury chief of staff.) Back in 2005, when Hank Paulson was chief of Goldman, he personally helped author the bank’s environmental policy, a document that contains some surprising elements for a firm that in all other areas has been consistently opposed to any sort of government regulation. Paulson’s report argued that “voluntary action alone cannot solve the climate-change problem”. A few years later, the bank’s carbon chief, Ken Newcombe, insisted that cap-and-trade alone won’t be enough to fix the climate problem and called for further public investments in research and development. Which is convenient, considering that Goldman made early investments in wind power (it bought a subsidiary called Horizon Wind Energy), renewable diesel (it is an investor in a firm called Changing World Technologies) and solar power (it partnered with BP Solar), exactly the kind of deals that will prosper if the government forces energy producers to use cleaner energy. As Paulson said at the time, “We’re not making those investments to lose money.”

The bank owns a 10 percent stake in the Chicago Climate Exchange, where the carbon credits will be traded. Moreover, Goldman owns a minority stake in Blue Source LLC, a Utah-based firm that sells carbon credits of the type that will be in great demand if the bill passes. Nobel Prize winner Al Gore, who is intimately involved with the planning of cap-and-trade, started up a company called Generation Investment Management with three former bigwigs from Goldman Sachs Asset Management, David Blood, Mark Ferguson and Peter Harris. Their business? Investing in carbon offsets. There’s also a $500 million Green Growth Fund set up by a Goldmanite to invest in green-tech … the list goes on and on. Goldman is ahead of the headlines again, just waiting for someone to make it rain in the right spot. Will this market be bigger than the energy-futures market?

“Oh, it’ll dwarf it,” says a former staffer on the House energy committee.

Well, you might say, who cares? If cap-and-trade succeeds, won’t we all be saved from the catastrophe of global warming? Maybe but cap-and-trade, as envisioned by Goldman, is really just a carbon tax structured so that private interests collect the revenues. Instead of simply imposing a fixed government levy on carbon pollution and forcing unclean energy producers to pay for the mess they make, cap-and trade will allow a small tribe of greedy-as-hell Wall Street swine to turn yet another commodities market into a private tax-collection scheme. This is worse than the bailout: It allows the bank to seize taxpayer money before it’s even collected.

“If it’s going to be a tax, I would prefer that Washington set the tax and collect it,” says Michael Masters, the hedge fund director who spoke out against oil-futures speculation. “But we’re saying that Wall Street can set the tax, and Wall Street can collect the tax. That’s the last thing in the world I want. It’s just asinine.”

Cap-and-trade is going to happen. Or, if it doesn’t, something like it will. The moral is the same as for all the other bubbles that Goldman helped create, from 1929 to 2009. In almost every case, the very same bank that behaved recklessly for years, weighing down the system with toxic loans and predatory debt, and accomplishing nothing but massive bonuses for a few bosses, has been rewarded with mountains of virtually free money and government guarantees – while the actual victims in this mess, ordinary taxpayers, are the ones paying for it.

It’s not always easy to accept the reality of what we now routinely allow these people to get away with; there’s a kind of collective denial that kicks in when a country goes through what America has gone through lately, when a people lose as much prestige and status as we have in the past few years. You can’t really register the fact that you’re no longer a citizen of a thriving first-world democracy, that you’re no longer above getting robbed in broad daylight, because like an amputee, you can still sort of feel things that are no longer there.

But this is it. This is the world we live in now. And in this world, some of us have to play by the rules, while others get a note from the principal excusing them from homework till the end of time, plus 10 billion free dollars in a paper bag to buy lunch. It’s a gangster state, running on gangster economics, and even prices can’t be trusted anymore; there are hidden taxes in every buck you pay. And maybe we can’t stop it, but we should at least know where it’s all going.

Link

Hyperinflationary Depression

Filed under: Hyperinflationary Depression — totallygroovygirlfriday @ 1:22 am

The day-to-day economic news can really mess with your head. The economic data is filtered through a lens that believes we can return to previous economic activity. We can not. Thus most commentary from F-TV will confuse you. Data stats that are observed through a lens from 1999, will not get you real economic information.

Therefore, let’s look at the big picture.

We are being set up for a hyperinflationary depression triggered by a world-wide fiat currency crisis.

Our current global economy that is built on debt and leverage must have large amounts of credit and liquidity just to maintain the status quo. Right now, the powers that be are sustaining the economy by printing money. In this environment investments are only as solvent as their ability to roll over their debt. There is too much debt in relation to the economic activity to sustain it.

More and more money must be printed. This money is sustaining what economic activity is already there, keeping it from imploding. It is not going into economic growth that will produce credit availability or liquidity for capital investment. Thus the economy is at a complete standstill, debt is deflating, credit is frozen, even while mounds of paper money are being injected into the world economy.

Soon, some of that printed money will make its way into prices for real things. Note that debt is deflating, not prices. (Prices are staying the same or inflating, depending on what it is.) Too much printed money will chase too little goods, since the economy is currently at a standstill not creating more goods.

When goods are too expensive to purchase, the economy will then implode again. This time, even if credit is available at a low-interest rate (which is highly questionable), the cost of real goods will make it too expensive to grow the economy.

This is the cycle of a hyperinflationary depression. Deflation in debt, then too much printed money to “fix” deflation, then too much money causing inflation (and at the rate we are printing) hyperinflation in prices. Thus a contraction in the economy or what we call a depression.

This is a catch-22 situation (caused by an imbalance between real economic growth and debt): death by fire (hyperinflation) or ice (deflation). The powers that be have chosen death by fire.

Hyperinflationary depression: deflation in debt (frozen credit) and inflation in prices that cause a contraction (of at least 25%) in economic activity.

Physical gold and silver are good investments because the price of “real things” (or a currency backed by real things) will go up in relation to the amount of printed money. Then the investor may sell those real things to get capital and purchase sound businesses to get the economy moving again. Only then, will we be able to grow the real economy and move out of a depressionary cycle.

There have been many hyper-inflationary depressions in history. The most recent was in Zimbabwe in the last decade. Germany had one during the 1920′s. And the United States experienced a hyper-inflationary depression during the period before and after the Civil War.

This is a cycle. Prepare for it, since you now know it is coming. Like all other hyper-inflationary depressions before, it will end.

I am 100% sure that the U.S. will go into hyperinflation. Not tomorrow, but the problem with the government debt growing so much is that when the time will come and the Fed should increase interest rates, they’ll be very reluctant to do so and so inflation will start to accelerate.

-Marc Faber, Bloomberg, May 2009

Rebuttal from Marshall Auerbuck here.

The inability to tax and dependency on foreign currency are central to hyperinflation or national solvency. Moreover, in Zimbabwe and Weimar, it was the trashing of productive supply that created inflation (think supply versus demand).

Groovygirl’s comments on the rebuttal quoted above.

Groovygirl would suggest that the lack of national productivity (i.e. all hard production moved to China/India/Mexico) is/will close that loop. In addition, a main difference between Zimbabwe and Germany and the US is that those countries started out with actual production. The US “produces” financial services and healthcare services. Those services will contract/disappear/move as the economy contracts. There is no production to lose, it’s already gone.

Tax revenue is already down. The government is setting up a scenario in this baby boomer majority where they pay people medicare, social security, and unemployment and those people just return a portion of that money in taxes. That is not real tax revenue. That is an inability to tax.

In addition, if the USdollar is not the global reserve currency (which it will not be at some point), US Treasuries in USDollars all of sudden turn into a foreign debt obligation problem.

Hyperinflation is coming.

Link