Month: May 2017

TOM SLEE ~ WHAT’S YOURS IS MINE ~ 2016

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~ TSE-AWONBTUTITMCWSP-FRWE ~ The Sharing Economy – A Wave Of New Businesses That Use The Internet To Match Customers With Service Providers – For Real-World Exchanges

~ TSEPTHPPITMCOTLBB-‘ME’~ The Sharing Economy Promises To Help Previously Powerless Individuals Take More Control Of Their Lives By Becoming – “Micro-Entrepreneurs”

~ W-TWTP-U-SDAADIH-TSEIEAHADFMIPPAOOL ~ Well – That Was The Promise – Unfortunately – Something Different And Altogether Darker Is Happening – The Sharing Economy Is Extending A Harsh And Deregulated Free Market Into Previously Protected Areas Of Our Lives

~ TLCANCJT ~ The Leading Companies Are Now Corporate Juggernauts Themselves

~ MSEC-AMBM-FTIAE-AGJFTSEAM-BCRAMPFOLPWFTWAWITSE ~ Many Sharing Economy Companies – Are Making Big Money – For Their Investors And Executives – And Good Jobs For Their Software Engineers And Marketers – By Creating Riskier And More Precarious Forms Of Low-Paid Work For Those Who Actually Work In The Sharing Economy

~ CC ~ Collaborative Consumption

~ TME ~ The Mesh Economy

~ PTPP ~ Peer-To-Peer Platform

~ TGE ~ The Gig Economy

~ CS ~ Concierge Services

~ TODE ~ The On-Demand Economy

~ REACAATOUG-THSBTTOVCF ~ Running Errands And Cleaning Are Among The Other Unglamorous Jobs – That Have Suddenly Become The Target Of Venture Capital Funding

~ TIINSCABWTPASWLTB ~ The Internet Is Not So Complete A Break With The Past As Some Would Like To Believe

~ CICOCONCFOS ~ Commercial Incentives Can Often Crowd Out Non-Commercial Forms Of Sharing

~ TSE-WBSBOBAC-B-ABOBAC-A-OBAW ~ The Sharing Economy – Will Be Shaped By Our Behavior As Consumers – But – Also By Our Behavior As Citizens – And – Our Behavior As Workers

~ NTCPAIPIBABF-B-TDNPASTSCSP-O-TRLSOSC ~ New Technologies Can Play An Important Part In Building A Better Future – But – They Do Not Provide A Shortcut To Solving Complex Social Problems – Or – To Resolving Longstanding Sources Of Social Conflict

~ ITSEP-WDBIEAS-WTBSU-TNTDTHOIC-A-LSL-FTIOFWHBEISFY ~ If The Sharing Economy Proponents – Who Do Believe In Equality And Sustainability – Want To Build Something Useful – They Need To Drop The Hubris Of Internet Culture – And – Learn Some Lessons – From Those In Other Fields Who Have Been Engaged In Sharing For Years

~ JATANSTSCSP-STINSBITCTWOTSE-ASPITWRIFWII ~ Just As There Are No Shortcuts To Solving Complex Social Problems – So There Is No Simple Big Idea To Countering The Worst Of The Sharing Economy – A Starting Point Is That We Recognize It For What It Is

~ SPLAPC? ~ Shouldn’t Public Libraries And Parks Count?

~ TSEIAEASNOTFBBLAOVC ~ The Sharing Economy Is Almost Entirely A Small Number Of Technology Firms Backed By Large Amounts Of Venture Capital

~ TSE-IAM-F-D ~ The Sharing Economy – Is A Movement – For – Deregulation

~ MFI-A-IVCF-ASAOTCRMBDCGATW ~ Major Financial Institutions – And – Influential Venture Capital Funds – Are Seizing An Opportunity To Challenge Rules Made By Democratic City Governments Around The World

~ ATLO-CAAPP-FPFG ~ Appropriating The Language Of – Collective Action And Progressive Politics – For Private Financial Gain

~ ITT ~ Inspirational Technology Tales

~ WCT-AAWALOMBI-WOITOTAWIIWABS ~ When Coupled To – An Agenda With A Lot Of Money Behind It – We Owe It To Ourselves To Ask What It Is We Are Being Sold

~ PBND ~ Platitudes But No Data

~ M-LACSI-CTOMATDADA ~ Meanwhile – Less Ambitious Car-Sharing Initiatives – Continue To Operate Much As They Did A Decade Ago

~ LIBACC ~ Low Income Became A Consistent Complaint

~ TRFM ~ The Required Founding Myth

~ ARSHBU-TUHBAMOFITWOSD ~ As Rating Systems Have Become Ubiquitous – Their Usefulness Has Become A Matter Of Faith In The World Of Software Development

~ TSE-IATCEOAPF-’AR’-IWRPCAR-B-RASA ~ The Sharing Economy – Is At The Cutting Edge Of A Push For – “Algorithmic Regulation” – In Which – Rules Protecting Consumers Are Replaced – By – Ratings And Software Algorithms

~ TPORSIAM ~ The Promise Of Reputation Systems Is A Mirage

~ MRETSTTTCCSFT-AAPPICOF-KHFP-TBOTCAIGC-RWNSTP ~ Most Regulations Exist To Screen Those Things That Customers Cannot See For Themselves – Accommodations Are Properly Protected In Case Of Fire – Kitchen Handles Food Properly – The Breaks Of The Car Are In Good Condition – Ratings Will Never Solve These Problems

~ RSAATWTTDWEFOT-A/F/T-SECHIETDWTF ~ Reputation Systems Are Also The Wrong Tool To Deal With Extreme Failures Of Trust – Assault / Fraud / Theft – Sharing Economy Companies Have Proved Ill-Equipped To Deal With These Failures

~ RSAETV-PTPR-TTSEV ~ Reputation Systems Are Eroding The Very – Person-To-Person Relationships – That The Sharing Economy Supposedly Values

~ RIEOITTAIAFFTTOCOR ~ Reputation Is Effective Only If The Testimonies Are Impartial And Free From The Taint Of Collusion Or Retaliation

~ TORAAAIADPTT ~ Thinking Of Reputation As An Asset Is A Dangerous Path To Take

~ IYCBAST-TTLTATDBTAO ~ If You Can Buy And Sell Testimonies – Those Testimonies Lose Their Ability To Discriminate Between Trustworthiness And Opportunism

~ ‘PAC’ ~ “People As Companies”

~ ‘ME’ ~ “Micro-Entrepreneurs”

~ PTTGRTTER-HR-TTSHR ~ People Tend To Grade Relative To The Existing Rating – Highly Rated – Tend To Stay Highly Rated

~ RSANSFR-TAASFACMS-AABOAT ~ Reputation Systems Are Not Substitutes For Regulation – They Are A Substitute For A Company Management Structure – And A Bad One At That

~ PFTRTCC ~ Persistent Failure To Respond To Customer Complaints

~ RSATUIASOS ~ Reputation Systems Are Turning Us Into A Society Of Snitches

~ INOWAWMMITWIMO ~ It’s Not Obvious Where Artists Will Make Money If Their Work Is Made Open

~ OD-M-’ETE’ ~ Open Data – May – “Empower The Empowered”

~ PSI ~ Public Sector Information

~ WRMM ~ Weather Risk Management Market

~ ITGOTM-I-TPE-IWNFMEO-EIS-L-A-SPOD-O-WIAPVPR-WSBP-BTWTDKARTMMUOI ~ If The Goal Of The Movement Is – To Promote Equality – It Will Need Far More Emphasis On – Experimentation In Standards – Licensing – And – Selective Provision Of Data – Otherwise – What Is A Potentially Valuable Public Resource – Will Simply Be Plundered – By Those With The Digital Skills And Resources To Make Most Use Of It

~ SVIDCTTITSACGT ~ Silicon Valley Is Deeply Committed To The Idea That Sharing And Commerce Go Together

~ CO ~ Crowding Out

~ SECITWTMCOSE ~ Sharing Economy Companies Ignore The Ways That Money Crowds Out Social Exchange

~ TINIATWTTSEWE ~ There Is Nothing Inevitable About The Way That The Sharing Economy Will Evolve

~ A-IAWSCGP-WODN-O-WTOOAPOCSIAASOP-O-WTCACOCPAAFTBOO ~ Alienation – It Appears When Some Contributors Get Paid – While Others Do Not – Or – When The Owner Of A Privately Owned Common Sees It As A Source Of Profit – Or – When The Creativity And Commitments Of Cultural Producers Are Appropriated For The Benefit Of Others

~ ECS-WTACFST-TSOFP-AMOTU ~ Early Collaborative Sites – Were Treated As Commons For Some Time – Then Sold Off For Profit – Alienating Many Of Their Users

~ MIWTTCNPTWTATS ~ New Institutions Will Try To Create New Problems To Which They Are The Solution

~ TOTCIACW-TIOTTOTC-AI-WTWTTC ~ Trading On The Commons Is A Contradiction When – The Interests Of Those Trading On The Commons – Are Incompatible – With Those Who Tend The Commons

~ WSAA-ATC-PTPC-S-A-S-HBTPOB ~ What Started As An – Appeal To Community – Person-To-Person Connections – Sustainability – And – Sharing – Has Become The Playground Of Billionaires

~ STOCMD ~ Selective Truths Of Company Marketing Departments

~ HPAWCL ~ High-Profile And Well-Connected Lobbyists

~ WICFIALM-ITWPTATTCPAH-B-SRISM-WMGS ~ What Is Called For Is A Little Modesty – If Technologists Were Prepared To Accept That Technology Can Play A Helpful – But – Secondary Role In Social Movements – We Might Get Somewhere

DAVID BOHM ~ ON DIALOGUE ~ 1996

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~ IPATC-TWT-THTBATCSIC-STTSITMDAA-RTS-CFAATTO ~ If People Are To Cooperate – To Work Together – They Have To Be Able To Create Something In Common – Something That Takes Shape In Their Mutual Discussions And Actions – Rather Than Something Conveyed From An Authority To The Others

~ IWKOTTTWITSFOC-TWAGTEIISOW-AWAGTMAPS ~ If We Keep On Thinking That The World Is There Solely For Our Convenience – Then We Are Going To Exploit It In Some Other Way – And We Are Going To Make Another Problem Somewhere

~ TDIBAAETTMBW-TITP ~ Thought Defends Its Basic Assumptions Against Evidence That They May Be Wrong – Thought Is The Problem

~ ABNFADWBFPTSIAC-SAGADFA-IAFDC ~ A Basic Notion For A Dialogue Would Be For People To Sit In A Circle – Such A Geometric Arrangement Doesn’t Favor Anybody – It Allows For Direct Communication

~ IP-TDSW-WAL-A-WAA ~ In Principle – The Dialogue Should Work – Without Any Leader – And – Without Any Agenda

~ IMBUTHAFTGTGG-WKAWOIFAW-PWBTLRTDLALOTD ~ It May Be Useful To Have A Facilitator To Get The Group Going – Who Keeps A Watch On It For A While – People Would Begin To Learn Really To Depend Less And Less On The Facilitator

~ TWOSHBOTBTWCFWL-B-MWC ~ The Whole Of Society Has Been Organized To Believe That We Can’t Function Without Leaders – But – Maybe We Can

~ IIITUTADGINATGOSK-WANTTCAH-TIMHAAB ~ It Is Important To Understand That A Dialogue Group Is Not A Therapy Group Of Some Kind – We Are Not Trying To Cure Anybody Here – Though It May Happen As A Byproduct

~ ITDGWANGTDWTDAA-TIC-OWANF-WMHAESWWANOTDA-NCTAC-OPIRRCCIT-IYWTCTAP ~ In The Dialogue Group We Are Not Going To Decide What To Do About Anything – This Is Crucial – Otherwise We Are Not Free – We Must Have An Empty Space Where We Are Not Obliged To Do Anything – Nor Come To Any Conclusions – Our Purpose Is Really To Communicate Coherently In Truth – If You Want To Call That A Purpose

~ PWCTAGWDIAA-NIFACWOP ~ People Will Come To A Group With Different Interests And Assumptions – Negotiating Involves Finding A Common Way Of Proceeding

~ AGDOWNITCTBDTTFON-PAGNRTGITDIWTFHWTCTBAD ~ A Great Deal Of What Nowadays Is Typically Considered To Be Dialogue Tends To Focus On Negotiation – People Are Generally Not Ready To Go Into The Deeper Issues When They First Have What They Consider To Be A Dialogue

~ TPINTEAFDGF-BR-OTLLETMAC ~ The Point Is Not To Establish A Fixed Dialogue Group Forever – But Rather – One That Lasts Long Enough To Make A Change

~ ACIALORAPAI-STWCLT-BIOWIWHAC-WITWS-M-S-P-A-V-OIFA ~ A Society Is A Link Of Relationships Among People And Institutions – So That We Can Live Together – But It Only Works If We Have A Culture – Which Implies That We Share – Meaning – Significance – Purpose – And – Value – Otherwise It Falls Apart

~ D-FPTRWIOEOMWCTACOJ ~ Dialogue – For People To Realize What Is On Each Other’s Minds Without Coming To Any Conclusions Or Judgments

~ BPUAOC-O-MANO-TPCSSAWMOGE ~ By Playing Upon An Old Cliche – Or – Manipulating A New One – The Propagandist Can Sometimes Swing A Whole Mass Of Group Emotions

~ TL-WLTATAPC-WDSOIICBMTTTOI ~ The Leaders – Who Lend Their Authority To Any Propaganda Campaign – Will Do So Only If It Can Be Made To Touch Their Own Interests

~ EAAMBCIOTPIIC ~ Events And Activities Must Be Created In Order To Put Ideas Into Circulation

~ TLISTBAUEABTSC ~ The Law Isn’t Supposed To Be About Unspoken Excuses And Behind-The-Scenes Calculations

~ DWYLISF-BWYLIDBWYT-ATIOAPWIF ~ Doing What You Like Is Seldom Freedom – Because What You Like Is Determined By What You Think – And That Is Often A Pattern Which Is Fixed

~ T-‘P’-IIALAYKOPIATTBYT-THTBISSAOIC ~ The – “Problem” – Is Insoluble As Long As You Keep On Producing It All The Time By Your Thought – Thought Has To Be In Some Sense Aware Of Its Consequences

~ TOSITHM-P-P-TCAMSTYCSTROYT-YHTSYI ~ The Point Of Suspension Is To Help Make – Proprioception – Possible – To Create A Mirror So That You Can See The Results Of Your Thought – You Have To See Your Intention

~ ITB-PWTEO-ITSTIOTD-TWWWI-A-ATSTKEO-TBTTEO ~ In The Beginning – People Won’t Trust Each Other – If They See The Importance Of The Dialogue – They Will Work With It – And – As They Start To Know Each Other – They Begin To Trust Each Other

~ TOOADINTAT-O-TWAA-OTEO-R-IITS-O ~ The Object Of A Dialogue Is Not To Analyze Things – Or – To Win An Argument – Or To Exchange Opinions – Rather – It Is To Suspend – Opinions

~ IWCSWAOOOM-TWASACC-EIWDAE ~ If We Can See What All Of Our Opinions Mean – Then We Are Sharing A Common Content – Even If We Don’t Agree Entirely

~ IMTOTTOANRVI-TAAA-WCJSSTAOTM-TEU-NTWHCI ~ It May Turn Out That The Opinions Are Not Really Very Important – They Are All Assumptions – We Can Just Simply Share The Appreciation Of The Meanings – Truth Emerges Unannounced – Not That We Have Chosen It

~ IWAHDAADT-EPITGTHADC-BWWRTITOPA ~ If We All Have Different Assumptions And Defend Them – Each Person Is Then Going To Have A Different Content – Because We Won’t Really Take In The Other Person’s Assumptions

~ TINPIBPOC-TNRCOR-ISIR-YDNTBP-ISHTPY-TTIPSDAI ~ There Is No Point In Being Persuaded Or Convinced – That’s Not Really Coherent Or Rational – If Something Is Right – You Don’t Need To Be Persuaded – If Somebody Has To Persuade You – Then There Is Probably Some Doubt About It

~ TINRTHTAAITIETIINR-TPSOAAOOAOITIIOTETIMNBR ~ There Is No Reason To Hold To An Assumption If There Is Evidence That It Is Not Right – The Proper Structure Of An Assumption Or Of An Opinion Is That It Is Open To Evidence That It May Not Be Right

~ TDNEFO-IMEFSE-PFAMFMOTTM ~ Truth Does Not Emerge From Opinions – It Must Emerge From Something Else – Perhaps From A More Free Movement Of The Tacit Mind

~ EIOFWP-WWAW-CPIADB-OTATT ~ Even If One Faction Won’t Participate – We Who Are Willing – Can Participate In A Dialogue Between – Our Thought And Their Thought

~ GPHTTA-ATANTT ~ Generally People Hold To Their Assumptions – So They Are Not Thinking Together

~ TINPITDFTPOAAH-WWTBFOHAAAWM-WWCLABTA ~ There Is No Place In The Dialogue For The Principle Of Authority And Hierarchy – We Want To Be Free Of Hierarchy And Authority As We Move – Where We Can Let Anything Be Talked About

~ TPITGPTCTKEOA-AKWTA ~ The Principle Is To Get People To Come To Know Each Other’s Assumptions – And Know What They Are

~ MOOT-IIGF-INI-IOITWC-AIPU-WPIU-ACFP-FF-FS-FN-FB-ASO-WSCPOIWWL-AWMROP-BS-IACFTP ~ Most Of Our Thought – In Its General Form – Is Not Individual – It Originates In The Whole Culture – And It Pervades Us – We Pick It Up – As Children From Parents – From Friends – From School – From Newspapers – From Books – And So On – We Select Certain Parts Of It Which We Like – And We May Reject Other Parts – But Still – It All Comes From That Pool

~ TWYES-DOHYRI-O-MI ~ The Way You Experience Something – Depends On How You Represent It – Or Misrepresent It

~ NWDSTOAAATNOOO-B-TAA-TWWST-TWWET-A-C-TTTWWTD ~ Normally We Don’t See That Our Assumptions Are Affecting The Nature Of Our Observations – But – The Assumptions Affect – The Way We See Things – The Way We Experience Them – And – Consequently – The Things That We Want To Do

~ WHGTL-S-TOT-TSWIID-WCABATTRIOWO-WCABATTRIPWO ~ We Have Got To Learn – Somehow – To Observe Thought – To See What It Is Doing – Be Attentive To The Results It Produces Within Ourselves – Even – Of How It Affects Perception

WILLIAM BONNER + LILA RAJIVA ~ MOBS, MESSIAHS AND MARKETS ~ 2007

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~ BBIBS ~ Blue Bloods In Black Shirts

~ WTWIWIAGAFATOD-IOPHOTAOI-W-TMBU-OE ~ What The World Improvers Want Is A Globe As Familiar As Their Own Boudoirs – If Other People Have Other Tastes And Other Ideas – Well – They Must Be Uneducated – Or Evil

~ WRMTWIIV-AWMTOITTGITISR ~ What Really Moves The World Improvers Is Vanity – And What Makes Them Odious Is That They Give In To It So Readily

~ TTI-PPAB-AAAFTFOSOV ~ The Truth Is – Popular Politics And Bubbles – Are Almost Always Frauds That Flatter Our Sense Of Vanity

~ DWB-WTPDTDIFETBDT ~ Deception Works Best – When The Person Doing The Deceiving Is Fool Enough To Be Deceived Too

~ MTIAHIAE-IOATBAPOCRBOP-ATFR-OTP ~ Moral Thinking Is Actually Highly Intuitive And Emotional – It Only Appears To Be A Product Of Careful Reasoning Because Of People’s – After-The-Fact Rationalizations – Of Their Preferences

~ ITRATA-F-CTM-TMTTCUWOR-O-WMTTTAI-B-TAUTSTO ~ If The Reasons Are Taken Away – Few – Change Their Minds – They May Try To Come Up With Other Reasons – Or – Want More Time To Think About It – But – They Are Unlikely To Switch Their Opinions

~ TMIHWAWB-B-UHWIE ~ The Mob Is Happy When A War Begins – But – Usually Happier When It Ends

~ AWEBTOPD-WTTTHAGR ~ And What Extraordinarily Bad Things Ordinary People Do – When They Think They Have A Good Reason

~ TWOTWHTPNITDA-B-ITCDOTE-IWNIFWDTPOTW-IWT-SLF ~ The Worst Of The Witch-Hunting Took Place Not In The Dark Ages – But – In The Clear Dawn Of The Enlightenment – It Was Not Illiterate Fools Who Drove The Persecution Of The Witches – It Was The – Semi-Literate Fools

~ FNINN ~ Fake News Is Not New

~ WDTBTAGT-TTTITDTMOT-CBTWDFTFWDWI? ~ Why Do They Believe That A Government That – They Think Too Incompetent To Deliver The Mail On Time – Can Be Trusted With Delivering Freedom To Foreigners Who Don’t Want It?

~ WGP-AALOI-PMCTTS-A-MWWBOFQ ~ Without Government Propaganda – And A Lot Of It – People Might Come To Their Senses – And – Most Wars Would Blow Over Fairly Quickly

~ TNCATEOAEAWI-A-REAOTTPAATB ~ The Negative Consequences At The End Of An Effort At World Improvement – Are – Roughly Equal And Opposite To The Positive Aspirations At The Beginning

~ T-U-ITTWRAE-IEURY-BYKI-YADSTFNORTTIWED ~ That – Ultimately – Is The Trouble With Running An Empire – It Ends Up Running You – Before You Know It – You Are Doing Suicidal Things For No Other Reason Than That Is What Empires Do

~ PDSTNTMOWTTFG-FGWSAA-WATTPUIITB-EIIKT ~ People Don’t Seem To Notice That Much Of What They Take For Granted – Future Generations Will See As Absurd – Whatever Allows Them To Puff Up In Importance They Believe – Even If It Kills Them

~ AWAPS-DAD-AQFB-F ~ As With Any Public Spectacle – Deceit And Deception – Are Quickly Followed By – Farce

~ ITIOTWKATSOC-IITTC-TIIG-TIIF-BRIID ~ If There Is One Thing We Know About The Sentiments Of Crowds – It Is That They Change – Today It Is Greed – Tomorrow It Is Fear – But Rarely Is It Doubt

~ TPWH-WI-I-FAR-OWCNK-WMWTR-WI-W-WSB(IOO)-B-AT-WOTTTAI ~ The Perfect World Hypothesis – What Is – Is – For A Reason – One We Cannot Necessarily Know – We Might Want To Replace – What Is – With – What Should Be (In Our Opinion) – But – At Least – We Ought To Think Twice About It

~ TPWWTFTIOYAATPWIATMI ~ The People Who Want To Force Their Ideas On You Are Always The People Whose Ideas Are The Most Idiotic

~ HBAAMCTTTATAF ~ Human Beings Are Always More Complicated Than The Theories About Them Allow For

~ Y-SPAMTETVBIT ~ Yet – So Powerful Are Myths That Even The Victims Buy Into Them

~ TTOJ ~ The Tao Of Jones

~ WRSTO-BEED ~ We Repeat Slogans To Ourselves – Because Everyone Else Does

~ BSAFT ~ Black Swans And Fat Tails

~ FT-ETLSFOTNCOETWTTPTEFAIOC ~ Fat Tails – Events That Lie So Far Outside The Normal Course Of Events That We Tend To Push Them Equally Far Away In Our Consciousness

~ BSOMMCTWT-TANTROTAOLOSE-BTROTMOE-AEIOSE ~ Black Swans Occur Much More Commonly That We Think – They Are Not The Result Of The Addition Of Lots Of Small Effects – But The Result Of The Multiplication Of Effects – An Exponential Increase Of Small Effects

~ COTB-FITRT-H-I-O-I ~ Complexity Overwhelms The Brain – Forcing It To Revert To – Habit – Instinct – Or – Intuition

~ WPTTW-WTACITHOTM-A-HTATTC-AQDT-ANOTIEM ~ What People Think They Want – What They Actually Choose In The Heat Of The Moment – And – How They Afterward Think They Chose – Are Quite Different Things – And None Of Them Is Easily Measured

~ WAFNJBTROTU-BE-BTUOOOEM ~ We Are Fooled Not Just By The Randomness Of The Universe – But Equally – By The Unpredictability Of Our Own Emotional Makeup

~ NOIGNEGNEB-IINEOST-IIS ~ Not Only Is Globalization Neither Entirely Good Nor Entirely Bad – It Is Not Even One Single Thing – It Is Several

~ FDB ~ Fin De Bubble

~ TBSH ~ The Buck Starts Here

~ TMDT ~ The Million Dollar Trailer

~ T-MLNTFMSTBTBATMWS-OTWPTLM-BTNMLRMTB-ATHAJTMF ~ Traditionally – Mortgage Lenders Needed To First Make Sure That Both The Borrower And The Market Were Solid – Or They Weren’t Prepared To Lend Money – But The New Mortgage Lenders Rarely Met The Borrower – And They Had Already Judged The Market Foolproof

~ SN ~ Speculation Nation

~ NTBIO-TBBWMLBNS-B-TWNTM ~ Now That The Boom Is Over – The Baby Boomers Will Most Likely Be Net Sellers – Because – They Will Need The Money

~ TMOTMOAB-D-TI-T-E-E-P-B-WO-A-WU ~ The Mother Of The Mother Of All Bubbles – Debt – That Is – Traded – Extended – Extruded – Pressed – Bottled – Wrung Out – And – Wadded Up

~ OGITWTHOTETFCIFW-DWGAS-‘TP’-P-TDRDRAA-TAI ~ Our Guess Is That When The History Of The Early Twenty-First-Century Is Finally Written – Derivatives Will Get A Special “Tipping Point” Place – They Don’t Really Disperse Risk At All – They Aggregate It

~ WTBFP-YCBSIWBTMMWLTH ~ When The Bubble Finally Pops – You Can Be Sure It Won’t Be These Money Men Who Lose Their Homes

~ F-LBR-DNCW-TMRI-WTMMIHMIGT-ITBTILT ~ Financiers – Like Bank Robbers – Do Not Create Wealth – They Merely Redistribute It – While The Mob May Idolize Holdup Men In Good Times – In The Bad Times It Lynches Them

~ NGTFFTF ~ Never Get Too Far From The Facts

~ NBWEEIRTB ~ Never Buy What Everyone Else Is Rushing To Buy

~ DAAG-TA-IOU-IBTWBD ~ Dollars Are A Gamble – They Are – IOUs – Issued By The World’s Biggest Debtor

~ RHIOR ~ Rot Has Its Own Rationale

~ RISTOW-OMWFOD-NTOWA ~ Reason Is Slave To Our Wishes – Our Minds Work For Our Desires – Not The Other Way Around