Friday, October 30, 2009

Federal Reserve and Monetary Policy: I Wish I had the Money to Short the Dollar, Part 6: Chaotic State.

Wall Street, the Beltway and Al Capone and his crooks, Whoops, I mean Don Obama and his Syndicate (formally know as the Democrats) {See the leaked Ethics Probe: http://news.yahoo.com/s/ap/us_congress_leaked_ethics_report }:
are a bunch of morons. They are convinced that the weak U$ Dollar is GOOD. Ha, Ha, the joke’s on US.

One has two ways to look at the real reason the U$ Dollar is weak:

  1. US of A’s government is guaranteeing the entire debt of the US of A. See Flow of Funds Sept release. Total US of A’s Debt $34.4 Trillion.
  2. US of A’s government is treating household net worth, $53.1 Trillion, as a demand deposit.


Either view implies that their model (US of A’s Government) requires Trillions of Dollars to keep it from crashing. Here’s the problem: US of A’s Mega-Corps are sending more money abroad than Foreign Corps sending here. See BEA’s International Accounts

Operations of Multi-nations balance of Payments and Direct Investments. US Direct Investments Abroad: $43,434 Millions of Dollars.

Foreign Direct Investments in the US of A: $21,301 Millions of Dollars.

Data from second quarter 2009.

So much for the re-investing in the GOOD OLD US of A.


Relation is a Category


Definition A category C is
- a collection ObC of objects, denoted by a, b . . . A, B . . .
- a collection MorC of morphisms (arrows), denoted by f, g . . . ,
- two operations dom, cod assigning to each arrow f two objects respectively called domain
(source) and codomain (target) of f
- an operation id assigning to each object b a morphism idb (the identity of b) such that
dom(idb) = cod(idb) = b
- an operation “ ° ” (composition) assigning to each pair f, g of arrows with dom(f) = cod(g) an
arrow f ° g such that dom( f ° g ) = dom(g), cod( f ° g ) = cod(f)
- identity and composition, moreover, must satisfy the following conditions:
identity law: for any arrows f, g such that cod(f) = b = dom(g)
idb ° f = f
g ° idb = g
associative law: for any arrows f, g, h such that dom(f) = cod(g) and dom(g) = cod(h)
( f ° g ) ° h = f ° ( g ° h )


Let’s get back to Earth as a Category. See previous post.


One can prove that Earth is a Category:

  • Show your pictures to your thesis advisors. Point out the colors. If they agree that the colors are there then you have proven there are objects called Colors.
  • A do nothing process is a valid morphism. You have just proven there is an id for each Color Object. At this point you have at least a discrete category. Wow, look at that!!! You have just proven there is a collection of morphisms.

Earth is not interesting enough. Let’s look at transportation. See Relations and Functions for a simple examples.


Apply this to the relation in vehicles. Car Doors are made out of Steel. Car Bodies are made out of Steel. You can add others to the Material -> Part Relation.


One can now use a monotonic relation to describe ships. One can make Ships out of Steel. No problem there. Monotonic means the relation holds.


Whoops, we forgot other materials can be used to make cars.
Car Doors are made out of Fiber Glass. Etc..


Monotonic is a functor between categories.


In previous post I stated category is the study of morphisms. Here’s how we can use are new relations and monotonic morphisms to get at the elements of our collection of object called Colors. Let’s say there is a transfer of cargo from land to sea therefore the relation between land vehicles and sea vehicles are stated.

Other Relations

  • Protestors are Protesting.
  • Protesters are bringing loaded weapons to their protest.
  • GW Bush was a Pathological Liar and a Paranoid Schizophrenic.
    The classic features of paranoid schizophrenia are having beliefs that have no basis in reality (delusions) and hearing things that aren't real (auditory hallucinations).
  • Don Obama is a Crook.
  • Somebody took a shot at Lou Dobbs' wife.
  • There is US verses THEM in the US of A.

Here’s an other look at the map from Tuesday, August 01, 2006

Federal Reserve and Monetary Policy:States' Separatist Movements and Local Currencies.


from What's New

Read this Hitler's Second Book. Hitler was a Pathological Liar and a Paranoid Schizophrenic.

Jewish Media, Jewish Financial, WW Armistice, Southern Tyrol, Jewish Marxist, .., it’s all here .

Describe the morphisms. Something like:

The annex of Southwestern states to Mexico => Giving Southern Tryol to Italy.

Jewish Media => Fight between Don Obama and Fox News.

Jewish Marxist => Don Obama's Socialist Agenda.

Jewish Financial => Don Obama's covering up fraud.

WWI Armistice => Withdrawing from the Middle East.

This is the danger of having a “financial” output instead of producing real goods and services. Read Hitler's Second Book.

If I had the money I would short the U$ dollar now regardless of the data. The FOMC has no effect until they put there money were their mouth is.
 

Viva La Revolucion!!!!


Congressional ethics report leaks, revealing names. By LARRY MARGASAK, Associated Press Writer Larry Margasak, Associated Press Writer WASHINGTON – Internal investigations into the conduct of over two dozen House members were exposed in an extraordinary, Internet-era breach involving the secretive process by which Congress polices lawmaker ethics.Revelations of the mostly preliminary inquiries by the House Committee on Standards of Official Conduct — also known as the Ethics committee — and a panel that refers cases to it shook the chamber as lawmakers were immersed in a series of scheduled votes Thursday.The panel announced that it was investigating two California Democrats — Reps. Maxine Waters and Laura Richardson — even as its embarrassed leaders took pains to explain that several other lawmakers' names should not have been revealed and they may have done nothing wrong.The committee said it was investigating whether Waters used her influence to help a bank in which her husband owned stock, and whether the couple benefited as a result. Separately, the panel is looking into whether Richardson failed to disclose required information on her financial disclosure forms and received special treatment from a lender.Ethics chairwoman Rep. Zoe Lofgren, D-Calif., went to the House floor to announce that a confidential weekly report of the committee from July had leaked out in a case of "cyber-hacking."A committee statement said that its security was breached through "peer to peer file sharing software" used by a junior employee who was working from home. The employee was fired.The fired employee was allowed to work on the document at home but was responsible for keeping it secure, said a House staff member with knowledge of the events, who spoke anonymously because he was not authorized to discuss it.The employee didn't realize that the file saved on a hard drive could be downloaded to another computer using the same file sharing software, according to the staffer. He said there is no indication that the individual accessing the document was looking for ethics committee material.The July report contains a summary of the committee's work at the time, but Lofgren said no inferences should be made about anyone whose name is mentioned.The committee typically makes a public announcement about its activities only when it begins an investigation of potential rule-breaking, which is conducted by an investigative subcommittee whose members also are made public.However, the weekly reports include a summary of the committee's work at an earlier stage, when its members and staff scrutinize lawmakers to see whether an investigation is warranted.The Washington Post reported in its online edition Thursday that the document was disclosed on a publicly accessible computer network and made available to the newspaper by a source familiar with such networks.The Post reported that more than 30 lawmakers and a few staff members were under scrutiny, including nearly half the members of the House Appropriations defense subcommittee.The previously disclosed inquiry involves lawmakers who steered appropriations to clients of a now-defunct lobbying firm and received campaign contributions from the firm and its clients.The names included three lawmakers previously identified in the inquiry: the chairman of the defense subcommittee, Rep. John Murtha, D-Pa.; and Reps. Peter Visclosky, D-Ind., and James Moran, D-Va.The Post said others whose names were in the report included Reps. Norm Dicks, D-Wash., Marcy Kaptur, D-Ohio, C.W. Bill Young, R-Fla., and Todd Tiahrt, R-Kan.The committee, however, has not announced an investigation of any of these lawmakers.Waters is the No. 3 Democrat on the House Financial Services Committee and chairwoman of its subcommittee on housing. She has been an influential voice in the committee's work to overhaul financial regulations. Waters came under scrutiny after former Treasury Department officials said she helped arrange a meeting between regulators and executives at OneUnited Bank last year without mentioning her husband's financial ties to the institution. Her husband, Sidney Williams, holds at least $250,000 in the bank's stock and previously had served on its board. Waters' spokesman, Michael Levin, said Williams was no longer on the board when the meeting was arranged. Waters has said the National Bankers Association, a trade group, requested the meeting. She defended her role in assisting minority-owned banks in the midst of the nation's financial meltdown and dismissed suggestions she used her influence to steer government aid to the bank. "I am confident that as the investigation moves forward the panel will discover that there are no facts to support allegations that I have acted improperly," Waters said in a statement. The committee unanimously voted to establish an investigative subcommittee to gather evidence and determine whether Waters violated standards of conduct. The committee said it would investigate "alleged communications and activities with, or on behalf of, the National Bankers Association or OneUnited Bank" and "the benefit, if any, Rep. Waters or her husband received as a result." The committee also voted unanimously to investigate whether Richardson violated House rules, its Code of Conduct or the Ethics in Government Act by failing to disclose property, income and liabilities on her financial disclosure forms. The investigation also will determine whether Richardson received an impermissible gift or preferential treatment from a lender, "relating to the foreclosure, recission of the foreclosure sale or loan modification agreement" for her Sacramento, Calif., property. Richardson said she has been subjected to "premature judgments, speculation and baseless distractions that will finally be addressed in a fair, unbiased, bipartisan evaluation of the facts." "Like 4.3 million Americans in the last year who faced financial problems because of a personal crisis like a divorce, death in the family, unexpected job and living changes and an erroneous property sale, all of which I have experienced in the span of slightly over a year, I have worked to resolve a personal financial situation," she said in a statement. The committee ended an investigation of Rep. Sam Graves, R-Mo., and released a report finding no ethical violations. It investigated whether Graves used his position on the House Small Business Committee to invite a longtime friend and business partner of his wife to testify at a committee hearing