~ S ~ Start – Over

~ T ~ Trash – Treasure – Transfer

~ R ~ Reason – For Each Item

~ E ~ Everything – In Its Place

~ A ~ All – Surfaces Clear

~ M ~ Modules

~ L ~ Limits

~ I ~ If – One Comes In – One Goes Out

~ N ~ Narrow – It Down

~ E ~ Everyday – Maintenance


~ B-N-I-O-U-W-CMY-H-H-MC-A-BAWYD ~ Being – Near – In – Or – Under – Water – Can Make You – Happier – Healthier – More Connected – And – Better At What You Do

~ BM-AMMSCB-C-P-U-A-ASOGHASWLITM-IIIBWAEAWW ~ Blue Mind – A Mildly Meditative State Characterized By – Calm – Peacefulness – Unity – And – A Sense Of General Happiness And Satisfaction With Life In The Moment – It Is Inspired By Water And Elements Associated With Water

~ OEDVEDWM ~ Our Emotions Drive Virtually Every Decision We Make

~ WMAITM/BL ~ Water Metaphors Abound In The Mind/Brain Literature

~ HSDTTCB-IOCATFCBPATW ~ Humans Seem Drawn To The Color Blue – It’s Overwhelmingly Chosen As Their Favorite Color By People Around The World


~ WHRTEOTLOTDMT-AWHTCSSOPSITEITS ~ We Have Reached The End Of The Line On The Debt-Money Train – And Will Have To Consider Some Sort Of Paradigm Shift If The Economy Is To Survive

~ TPOTUS-LTOTTW-HBHMIDTSTBSOAPIC ~ The People Of The United States – Like Those Of The Third World – Have Become Hopelessly Mired In Debt To Support The Banking System Of A Private International Cartel

~ LIACPAB-WTRCAIBSAWTSWO’C’COCS ~ Local Ineptitude And Corrupt Politicians Are Blamed – When The Real Culprits Are International Banking Speculators Armed With Tsunami-Sized Walls Of – “Credit” – Created On Computer Screens

~ SHBKTBDCANEIASD ~ Speculation Has Been Known To Bring Down Currencies And National Economics In A Single Day

~ TBP-‘S’-GFC-G-TMGCBD-HTDHCTP-AWTDWTM-WNOICTTB-DUTMFTOE-TPWSWTB ~ The Banks Preferred – “Stable” – Governments For Clients – Generally – That Meant Governments Controlled By Dictators – How These Dictators Had Come To Power – And What They Did With The Money – Were Not Of Immediate Concern To The Banks – Dictators Used The Money For Their Own Ends – The People Were Saddled With The Bill

~ TOSTTCI-TG-‘R’-MITS-R-I-F-D-F-GILT-OTSFDBTAC ~ The Only Solution To This Conundrum Is – To Get – “Real” – Money Into The System – Real – Interest-Free – Debt-Free – Government-Issued Legal Tender – Of The Sort First Devised By The American Colonists

~ SNSPTDITOC-IBSBTOG ~ Sovereign Nations Should Pay Their Debts In Their Own Currencies – Issued Greenback-Style By Their Own Governments

~ TBSHBGBIPDAAF-ATFAHSUTRA ~ The Banking System Has Become Gridlocked Because Its Pretended “Derivative” Assets Are Fake – And The Fake Assets Have Swallowed Up The Real Assets

~ IABWDIT1980-WGRWCAISFWBHTBF-B-RACC-AETMTBOTT ~ It All Began With Deregulation In The 1980s – When Government Regulation Was Considered An Irrational Scheme From Which Business Had To Be Freed – But – Regulations Are Criminal Codes – And Eliminating Them Meant Turning Business Over To Thieves

~ GRPTCO’FM’WRV-WTRWE-FMBTOOTD-IMIAVOVCVD-WWOMIOAC ~ Government Regulation Prevented The Creation Of “Funny Money” Without Real Value – When The Regulations Were Eliminate – Funny Money Became The Order Of The Day – It Manifested In A Variety Of Very Complex Vehicles Derivatives – Which Were Often Made Intentionally Obscure And Confusing

~ TIN-M-CB-IB-MF-E-TNDODFIE-TDSTLBOOOE-OF-OF-ONI-OLS-ABSDTPO-IP-DY-AWAOEOTB ~ There Is No – Major – Commercial Bank – Investment Bank – Mutual Fund – Etc. – That Is Not Dependent On Derivatives For Its Existence – These Derivatives Suck The Life’s Blood Out Of Our Economy – Our Farms – Our Factories – Our Nation’s Infrastructure – Our Living Standards – Are Being Sucked Dry To Pay Off – Interest Payments – Dividend Yields – As Well As Other Earnings On The Bubble

~ ITIFS-DIM ~ In Today’s Illusory Financial Scheme – Debt Is Money

~ ITMIKTSFS-TTAETSIATTH ~ If Taxpayer Money Is Keeping The Ship From Sinking – The Taxpayers Are Entitled To Step In And Take The Helm

~ BI-SBTM-CASBMPIOFTBOTT ~ Banking Institutions Supported By Taxpayer Money – Can And Should Be Made Public Institutions Operated For The Benefit Of The Taxpayers

~ TFAAOTB-AATOD? ~ Time For An Audit Of The Banks – And A Tax On Derivatives?

~ EAVMTO-OTOO%-WBDTOITO-ATTBTAR ~ Even A Very Modest Tax Of – One-Tenth Of One Percent – Would Bring Derivative Trades Out Into The Open – Allowing Them To Be Traced And Regulated

~ UR-EINITOTIISM-ASSD ~ Until Recently – Every Industrialized Nation Imposed Taxes On Trades In Its Stock Market – And Several Still Do

~ SMTITOFOGTLET-TGHNRTFOFOGOO-AIIFBETTUATPO ~ Stock Market Trading Is The Only Form Of Gambling That Largely Escapes Taxation – The Government Has No Reason To Favor One Form Of Gambling Over Others – And It Is Far Better Economically To Tax Unproductive Activities Than Productive Ones

~ ADTMDMTJRMFTG-ICAKTDB-SEAVSTLOMTWMTU ~ A Derivative Tax Might Do More Than Just Raise Money For The Government – It Could Actually Kill The Derivatives Business – Since Even A Very Small Tax Leveraged Over Many Trades Would Make Them Unprofitable

~ AIBISADT-NMITE-WBDBOWTDWR ~ Avoid Inflation By Increasing Supply And Demand Together – New Money Into The Economy – Would Be Drawn Back Out When The Debt Was Repaid


~ WHBHB ~ We Have Been Here Before

~ NMHDTLFFOCAA-TAURSWPEFOCAFH-RTAAPIAESTIOGFS-BTRTROFCATBHCWTH ~ No Matter How Different The Latest Financial Frenzy Or Crisis Always Appears – There Are Usually Remarkable Similarities With Past Experience From Other Countries And From History – Recognizing These Analogies And Precedents Is An Essential Step Toward Improving Our Global Financial System – Both To Reduce The Risk Of Future Crisis And To Better Handle Catastrophes When They Happen

~ PMTAE-FTRTPAFOC-EICIWLSTDNTBROC-ITKFTGRTTTTIDS ~ Perhaps More Than Anything Else – Failure To Recognize The Precariousness And Fickleness Of Confidence – Especially In Cases In Which Large Short-Term Debts Need To Be Rolled Over Continuously – Is The Key Factor That Gives Rise To The This-Time-Is-Different Syndrome

~ HI-G-B-O-C-CSTBMRAFAEP-WB-CCLDAACH ~ Highly Indebted – Governments – Banks – Or – Corporations – Can Seem To Be Merrily Rolling Along For An Extended Period – When Bang – Confidence Collapse – Lenders Disappear – And – A Crisis Hits

~ EDNHATGIOWKOESCAOHTCACV ~ Economists Do Not Have A Terribly Good Idea Of What Kinds Of Events Shift Confidence And Of How To Concretely Assess Confidence Vulnerability

~ WODS-A&A-ITHOFC-ITWAAIWTH-IED ~ What One Does See – Again And Again – In The History Of Financial Crises Is That When An Accident Is Waiting To Happen – It Eventually Does

~ BAFMDWTAFBD ~ Bubbles Are Far More Dangerous When They Are Fuelled By Debt

~ TEOTTIDSIS-IIRITFHBTFCA-TTHTOPIOC-AOT-CDNHTU-HAN-WADTTHTOPIOCAOT ~ The Essence Of This Time Is Different Syndrome Is Simple – It Is Rooted In The Firmly Held Belief That Financial Crises Are – Things That Happen To Other People In Other Countries – At Other Times – Crises Do Not Happen To Us – Here And Now

~ WADTB-WAS-WHLFPM ~ We Are Doing Things Better – We Are Smarter – We Have Learned From Past Mistakes

~ TOROVNLA ~ The Old Rules Of Valuation No Longer Apply

~ U-AHLECUBSWIBATEOAFCFMYBCACPACOCTPIO ~ Unfortunately – A Highly Leveraged Economy Can Unwittingly Be Sitting With Its Back At The Edge Of A Financial Cliff For Many Years Before Chance And Circumstance Provoke A Crisis Of Confidence That Pushes It Off

~ SDOEDITNTERITW ~ Serial Default On External Debts Is The Norm Throughout Every Region In The World

~ BCAOABOKOC ~ Banking Crises Are Often Accompanied By Other Kinds Of Crises

~ POHICMHRPIBC ~ Periods Of High International Capital Mobility Have Repeatedly Produced International Banking Crises

~ FLHAINEOTSOTBS-TRIRANS ~ Financial Liberalization Has An Independent Negative Effect On The Stability Of The Banking Sector – This Result Is Robust Across Numerous Specifications

~ FIIAVOTLP ~ Financial Innovation Is A Variant Of The Liberalization Process

~ IICPAIRIRR-FBPTIRD-ASBERRTL ~ International Institutions Can Play An Important Role In Reducing Risk – First By Promoting Transparency In Reporting Data – And Second By Enforcing Regulations Related To Leverage