MooPig Trend Spotter :: "Who has all the Money?"

Watch and Think
youtube capture by Pat Darnell | Nov 13, 2013 | Bryan TX

http://youtu.be/QPKKQnijnsM

TRANSCRIPT
0:00there's a chart SR recently that I can't get out of my head
0:03Harvard Business professor and economist ass more than 5,000 Americans
0:08how they thought well was distributed in the United States
0:12this is what they said they thought it was dividing the country into five rough
0:15group at the top bottom
0:17and middle 3 20 percent group they asked people
0:21how they thought the wealth in this country was divided NES them
0:25what they thought was the ideal distribution and ninety-two percent
0:29that at least nine outta 10 a.m. said it should be more like this
0:33in other words more equitable than they think it is
0:37now that fact is telling admittedly the notion that most Americans know that the
0:41system is
0:42already skewed unfairly to what's most interesting to me
0:46is the reality compared to our perception the ideal
0:50is as far removed from our perception is reality
0:54as the actual distribution is from what we think
0:57exists in this country so ignore the ideal for a moment
1:01here's what we think it is again and here
1:04is the actual distributional shockingly skewed
1:08not only to the bottom 20 percent and the next 20 percent
1:12the bottom forty percent of Americans barely have
1:16any the wealth I mean it's hard even see them on the chart
1:20but the top one percent has more of the country's wealth
1:24then nine out of 10 Americans believe the entire top 20 percent should have
1:29mind-blowing but let's look at it another way because
1:33I find this chart kinda difficult to wrap my head around instead let's reduce
1:37the 311 million Americans to
1:40just a representative 100 people make it simple
1:44here they are teachers coaches firefighters construction workers
1:49engineers doctors lawyers some investment bankers the CEO
1:53may be a celebrity culture now let's line him up according to their wealth
1:57poorest people on the left wealthiest on the right just a steady row folks based
2:02on their net worth
2:03color coding like we did before based on which 20 percent quintile they volunteer
2:09now let's reduce the total wealth the United States
2:12which was roughly fifty four trillion dollars in 2009
2:16to this symbolic pi love cash and let's distributed
2:21among our 100 Americans well appear socialism
2:25all the wealth of the country distributed equally we all know that
2:28will work
2:29we need to encourage people to work can work hard to achieve that goal American
2:33Dream and keep our country moving forward
2:36so hears that night deal
2:39we asked everyone about something like this occur
2:42this isn't to bed we've got some incentive as the wealthiest folks are
2:46now about
2:4710 to 20 times better off in the poorest Americans
2:51but hey even the poor folks aren't actually poor
2:54since the poverty line is stated almost entirely off the chart
2:58we have a super healthy middle-class with a smooth transition into wealth
3:03and yes Republicans and Democrats alike chose this curve nine out of 10 people
3:09ninety-two percent said this was a nice ideal distribution of America's wealth
3:14the let's move on this is what people think
3:18America's wealth distribution actually looks like not as equitable clearly
3:23but for me even this still looks pretty great
3:26yes the poorest 20 to 30 percent are starting to suffer quite a lot compared
3:31to the ideal
3:33in the middle class is certainly struggling more than they were
3:36while the rich in wealthier making roughly a hundred times that of the
3:40poorest Americans
3:41in about ten times that if the still healthy middle-class
3:44sadly this isn't even close to the reality
3:48here is the actual distribution of wealth in America
3:52the poorest Americans don't even register
3:56they're down to pocket change and the middle class
4:00is barely distinguishable from the poor in fact
4:03even the rich between the top 10 in 20 percentile
4:07are worse off only the top 10 percent or better off
4:10and how much better off so much better off the top
4:14to 25 percent were actually of the chart
4:17at this scale and the top one percent
4:20this can were his stack of money stretch is ten times higher than we can show
4:27here's his stack of cash re stacked all by itself
4:31this is the top one percent we've been hearing so much about
4:34so much green in his pockets that I have to give him a whole new column his own
4:39because he won't fit on my chart 1 percent of America has
4:43forty percent of all the nation's wealth
4:46the bottom eighty percent 8 out of every 10 people
4:50work a Dr these 100 only has
4:53seven-percent between them in this
4:56only gotten worse in the last twenty to thirty years
4:59while the richest 1 percent take home almost a quarter
5:03the national income today in 1976
5:06they took home only nine percent meaning their share of income has nearly tripled
5:10in the last thirty years
5:13the top one percent own half the country stocks bonds and mutual funds
5:18the bottom 50 percent of Americans only
5:21half a percent these investments which means
5:25P aren't investing they're just scraping by I'm sure many of these wealthy people
5:29have worked very hard for their money
5:31but do you really believe that the CEO was working
5:34380 times harder his average
5:38employees not as lowest-paid employees not the janitor
5:42but the average earner in his company the average worker needs to work more
5:46than a month
5:47turn with the CEO makes in one our
5:51we certainly don't have to go all the way to socialism to find something that
5:55is fair
5:56for hard-working Americans we don't even have to achieve what most of us consider
6:00might be
6:01ideal all we need to do is wake up
6:04in reliance that the reality in this country
6:08is not it all what we think it is
6:11gone

MooPig's Report from the Middle :: "Network of Global Corporate Control"

PLOS ONE: The Network of Global Corporate Control: "We present the first investigation of the architecture of the international ownership network, along with the computation of the control held by each global player. We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions. This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers."

" ... A common intuition among scholars and in the media sees the global economy as being dominated by a handful of powerful transnational corporations (TNCs). However, this has not been confirmed or rejected with explicit numbers. A quantitative investigation is not a trivial task because firms may exert control over other firms via a web of direct and indirect ownership relations which extends over many countries. Therefore, a complex network analysis [1] is needed in order to uncover the structure of control and its implications. Recently, economic networks have attracted growing attention [2], e.g., networks of trade [3], products [4], credit [5], [6], stock prices [7] and boards of directors [8], [9]. This literature has also analyzed ownership networks [10], [11], but has neglected the structure of control at a global level.

" ... The TNC [transnational corporations] network has a bow-tie structure [21] (see Figure 2 A ...). Its peculiarity is that the strongly connected component, or core, is very small compared to the other sections of the bow-tie, and that the out-section is significantly larger than the in-section and the tubes and tendrils (Figure 2 B ...). The core is also very densely connected, with members having, on average, ties to 20 other members (Figure 2 C, D). As a result, about 3/4 of the ownership of firms in the core remains in the hands of firms of the core itself. In other words, this is a tightly-knit group of corporations that cumulatively hold the majority share of each other.

'via Blog this'

"... The top holders within the core can thus be thought of as an economic “super-entity” in the global network of corporations. A relevant additional fact at this point is that of the core are financial intermediaries. Figure 2 D shows a small subset of well-known financial players and their links, providing an idea of the level of entanglement of the entire core.

" ... Thus, in the hypothesis that the structure of the ownership network is a good proxy for that of the financial network, this implies that the global financial network is also very intricate. Recent works have shown that when a financial network is very densely connected it is prone to systemic risk [16], [24]. Indeed, while in good times the network is seemingly robust, in bad times firms go into distress simultaneously. This knife-edge property [25], [26] was witnessed during the recent financial turmoil.

CONCLUSION
It turns out that "global players" are all sitting on each other's Board of Directors, and have inside knowledge of operations. It is interesting to see that they all react simultaneously when a "crisis" occurs, and it causes a "knife edge" financial environment -- such as three hundred years of boom bust cycles. Throughout our financial history the "global players" of the "super entity" must after all prefer "financial entanglement of the entire core."

Much like a social structure of betters at horse racing tracks, three out of four are distressed losers, and winners restart the betting cycle with old money. And they all go along with those odds, knowing that they may be one in four next time. But few believe they "never will" win, whether that is wishful thinking or human nature, it seems to be the structure in all financial groups large or small.

That concludes our Report from the Middle where we can't seem to hold on to our money, but the women are strong, the men are good-looking and all the children are above average.


___________________Reference
http://www.plosone.org/article/info%3Adoi%2F10.1371%2Fjournal.pone.0025995
1. Barabási A, Albert R (1999) Emergence of scaling in random networks. Science 286: 509. doi: 10.1126/science.286.5439.509.
CrossRef PubMed/NCBI Google Scholar
2. Schweitzer F, Fagiolo G, Sornette D, Vega-Redondo F, Vespignani A, et al. (2009) Economic networks: The new challenges. Science 325: 422–425.
CrossRef PubMed/NCBI Google Scholar
3. Fagiolo G, Reyes J, Schiavo S (2009) World-trade web: Topological properties, dynamics, and evolution. Phys Rev E 79: 36115. doi: 10.1103/PhysRevE.79.036115.
CrossRef PubMed/NCBI Google Scholar
4. Hidalgo C, Hausmann R (2009) The building blocks of economic complexity. Proc Natl Acad Sci 106: 10570. doi: 10.1073/pnas.0900943106.
CrossRef PubMed/NCBI Google Scholar
5. Boss M, Elsinger H, Summer M, Thurner S (2004) Network topology of the interbank market. Quant Financ 4: 677–684. doi: 10.1080/14697680400020325.
CrossRef PubMed/NCBI Google Scholar
6. Iori G, De Masi G, Precup O, Gabbi G, Caldarelli G (2008) A network analysis of the Italian overnight money market. J Econ Dyn Control 32: 259–278. doi: 10.1016/j.jedc.2007.01.032.
CrossRef PubMed/NCBI Google Scholar
7. Bonanno G, Caldarelli G, Lillo F, Mantegna RN (2003) Topology of correlation-based minimal spanning trees in real and model markets. Phys Rev E 68: 046130. doi: 10.1103/PhysRevE.68.046130.
CrossRef PubMed/NCBI Google Scholar
8. Strogatz S (2001) Exploring complex networks. Nature 410: 268–276. doi: 10.1038/35065725.
CrossRef PubMed/NCBI Google Scholar
9. Battiston S, Catanzaro M (2004) Statistical properties of corporate board and director networks. Eur Phys J B 38: 345–352. doi: 10.1140/epjb/e2004-00127-8.
CrossRef PubMed/NCBI Google Scholar
10. Kogut B, Walker G (2001) The small world of germany and the durability of national networks. Amer Sociol Rev 66: 317–335. doi: 10.2307/3088882.
CrossRef PubMed/NCBI Google Scholar
11. Glattfelder JB, Battiston S (2009) Backbone of complex networks of corporations: The flow of control. Phys Rev E 80: doi: 10.1103/PhysRevE.80.036104.
CrossRef PubMed/NCBI Google Scholar
12. Granovetter M (1995) Ind. Corp. Change, Oxford University Press, chapter Coase Revisited: Business Groups in the Modern Economy.
13. O'Brien D, Salop S (1999) Competitive Effects of Partial Ownership: Financial Interest and Corporate Control. Antitrust Law J 67: 559.
CrossRef PubMed/NCBI Google Scholar
14. Gilo D, Moshe Y, Spiegel Y (2006) Partial cross ownership and tacit collusion. RAND J Econ 37: 81–99. doi: 10.1111/j.1756-2171.2006.tb00005.x.
CrossRef PubMed/NCBI Google Scholar
15. Allen F, Gale D (2000) Financial contagion. J Polit Econ 108: 1–33.
CrossRef PubMed/NCBI Google Scholar
16. Stiglitz JE (2010) Risk and global economic architecture: Why full financial integration may be undesirable. Working Paper 15718, NBER. URL http://www.nber.org/papers/w15718.
17. Brioschi F, Buzzacchi L, Colombo M (1989) Risk capital financing and the separation of ownership and control in business groups. J Bank Financ 13: 747–772. doi: 10.1016/0378-4266(89)90040-X.
CrossRef PubMed/NCBI Google Scholar
18. Baldone S, Brioschi F, Paleari S (1998) Ownership Measures Among Firms Connected by Cross-Shareholdings and a Further Analogy with Input-Output Theory. 4th JAFEE International Conference on Investment and Derivatives.
CrossRef PubMed/NCBI Google Scholar
19. Dietzenbacher E, Temurshoev U (2008) Ownership relations in the presence of cross-shareholding. J Econ 95: 189–212. doi: 10.1007/s00712-008-0018-y.
CrossRef PubMed/NCBI Google Scholar
20. Williamson O (1975) Markets and hierarchies, analysis and antitrust implications: a study in the economics of internal organization. Free Press, New York.
21. Broder A, Kumar R, Maghoul F, Raghavan P, Rajagopalan S, et al. (2000) Graph structure in the Web. Comput Netw 33: 309–320.
CrossRef PubMed/NCBI Google Scholar
22. Atkinson A, Bourguignon F (2000) Handbook of income distribution. Elsevier. doi: 10.1016/s1574-0056(00)80003-2.
CrossRef PubMed/NCBI Google Scholar
23. Santos J, Rumble A (2006) The American keiretsu and universal banks: Investing, voting and sitting on nonfinancials' corporate boards. J Finan Econ 80: 419–454. doi: 10.1016/j.jfineco.2005.03.011.
CrossRef PubMed/NCBI Google Scholar
24. Battiston S, Delli Gatti D, Gallegati M, Greenwald B, Stiglitz J (2009) Liaisons dangereuses: Increasing connectivity, risk sharing and systemic risk. Working Paper 15611, NBER.
25. Alesandri P, Haldane A (2009) Banking on the state. Speech given at the Bank of England. Available at http://www.bankofengland.co.uk/publicati​ons/speeches/2009/speech409.pdf.
26. May R, Levin S, Sugihara G (2008) Ecology for bankers. Nature 451: 893–895. doi: 10.1038/451893a.
CrossRef PubMed/NCBI Google Scholar
27. La Porta R, de Silanes FL, Shleifer A (1999) Corporate ownership around the world. J Finance 54: 471–517. doi: 10.1111/0022-1082.00115.
CrossRef PubMed/NCBI Google Scholar
28. Colizza V, Flammini A, Serrano M, Vespignani A (2006) Detecting rich-club ordering in complex networks. Nat Phy 2: 110–115. doi: 10.1038/nphys209.
CrossRef PubMed/NCBI Google Scholar
29. Garlaschelli D, Capocci A, Caldarelli G (2007) Self-organized network evolution coupled to extremal dynamics. Nat Phys 3: 813–817. doi: 10.1038/nphys729.
CrossRef PubMed/NCBI Google Schola

MooPig Financial Trends Department :: "Money Laundering and Fraud"

Indictment, arrest of virtual currency founder targets alleged “financial hub of the cybercrime world.”
Aired out by Pat Darnell | May 28, 2013 | Bryan TX

[Picture LINK]

When we say we are going to do a series of money related posts, we think we are onto something of a trend. Because we all know that MooPig is a financial trendsetter, and therefore a trend-spotter. HA! We attempted to meddle through the muddle of financial stuff HERE. We thought to interfere in and busy ourselves unduly with something that is not usually our concern.

This report in USAToday is the kind of report that makes me want to get on the phone with old friends. This kind of report makes me want to hide in a cave like a wounded cougar, and lick my wounds. This kind of report makes me want to gather my little family together in a safe and cozy room. It is the kind of report that makes me stifle myself.

Alleged $6 billion money-laundering network busted: "Detailing what federal authorities termed the largest international money-laundering case in history, Manhattan U.S. Attorney Preet Bharara said the suspects and company were indicted for allegedly facilitating 55 million transactions that concealed the proceeds of credit card fraud, identity theft, computer hacking, child pornography, narcotics trafficking and other crimes."

'via Blog this'

So, let's see, it turns out the major cyber-crimes involve:

• credit card fraud
• identity theft
• computer hacking
• child pornography
• narcotics trafficking
• all the above in money laundering

Nope ... none of those key activities come up on a search of MooPig Wisdom. But, that is where the money goes to be "recirculated." And, there were 1-million signed up with Liberty Reserve. It does prove that if you want to know where's the money, you will have to wade through some pretty debased information, photos, videos, and acid trips to find out.

Original story:

" ... The papers cited Costa Rican prosecutor José Pablo González saying that Budovsky, a Costa Rican citizen of Ukrainian origin, has been under investigation since 2011 for money laundering using Liberty Reserve, a company he created in Costa Rica. “Local investigations began after a request from a prosecutor’s office in New York,” Tico Times reporter L. Arias wrote. “On Friday, San José prosecutors conducted raids in Budovsky’s house and offices in Escazá, Santa Ana, southwest of San José, and in the province of Heredia, north of the capital. Budovsky’s businesses in Costa Rica apparently were financed by using money from child pornography websites and drug trafficking. (25.May.2013. krebsonsecurity. LINK)... ”

CONCLUSION
If you own a Jet-Ski, a helicopter, or a tank, then you are at the top of the money chain.

__________________________Reference
http://www.usatoday.com/story/money/business/2013/05/28/ny-indictment-filed-money-laundering-case/2366237/?csp=fbfanpage
http://moopigwisdom.blogspot.com/2013/05/a-new-fed-thought-for-too-big-to-fail.html
http://moopigwisdom.blogspot.com/2012/11/moopig-financial-tricky-business.html
http://www.cbo.gov/publication/43656
http://blogs.mcclatchydc.com/washington/2012/10/cbo-reports-federal-deficit-dipped-to-11-trillion-in-fiscal-2012.html
http://www.dailykos.com/story/2012/10/06/1141002/-More-Good-News-CBO-Reports-Deficit-is-down-another-200-Million
http://www.ctj.org/taxjusticedigest/archive/federal_tax_issues/federal_budget/
http://www.fedupusa.org/2012/10/08/
http://www.fedupusa.org/2012/10/the-worlds-largest-money-laundering-machine-the-federal-reserve/
http://www.ctj.org/taxjusticedigest/archive/federal_tax_issues/federal_budget/
https://www.unodc.org/unodc/en/money-laundering/laundrycycle.html

MooPig Hegelian Dialectic Department :: "Rothschild's Solution" PART TWO

Children Telling the Truth Never gets Old
Corroborated by Pat Darnell | APR 5, 2013 | Bryan TX

HOPE!!!: BRILLIANT 12 YEAR OLD GIRL EXPOSES THE FRAUDULENT ROTHSCHILD BANKING SYSTEM [VIDEO] – Secrets of the Fed:

  'via Blog this'

TRANSCRIPT
" ... economists around the world is struggling to break free of the clutches 0:04of the financial crisis box a twelve-year-old canadian 0:08knitters what needs to be done 0:09the story grown took the internet by storm in the myself to video open 0:14slamming calibers bangs for robbing the people 0:17when viral 0:20brought this about a half of the bulge dato 0:23have credited financially and save the people of color line 0:29liability let's let me just like that 0:33or are you 0:34but im actually gave you a minor 0:36necropsy i had come here acting as a fact that money out of 0:41budget proposal not loss 0:44all the 0:44probably are pulling 0:47that we have enough problems are not part of our courses start dot com 0:50support at all 0:52will lead you to stop this current 0:57well we've got internet since issue between grant in her mother masi grant 1:01on the line from canada right now 1:03so the drug what sort of your speech is quite long so can you just very briefly 1:07tell us what's being bothering u about canada's banking system 1:14um... well it's been not a meeting is that 1:17our government has been borrowing money from private banks and putting us into 1:22that 1:23and they're not doing anything about that cell 1:26they're just standing by and watching the private banks make us think on 1:30cutting contracts 1:32don't clearly understand what's happening there in your country do they 1:34need solutions for the world's economic problems 1:41my solution is that 1:43let me stop buying from private banks and we start buying from the bank of 1:47canada i with my daughter knowing chest 1:50worawut but ok now you'll just twelve years old what do you think you 1:54understand what's wrong with the economy that you have the answer in world 1:57leaders don't 2:02camping researching and watching documentaries and 2:05uh... like reading bucks and it's not that hard to understand when c start 2:11researching 2:12and uh... 2:14right let me as they probably 2:16now what's happening is just they're just they're not doing anything about it 2:20why not t_v_ why do they care 2:25uh... i think they don't care because they're benefiting from what they're 2:29doing fine 2:31all right now i know you mum city makes you must yet how do you feel about your 2:34daughter becoming an internet sensation and not even talking to global news 2:37channels liability 2:41biased and um... it's been quite exciting we never knew in this project 2:45started what would happen with this region actually dream of this would 2:48happen but it's exciting at six a_m_ ever getting people talking 2:52and doing their own research and whether they agree or disagree there at least 2:56and listening and um... exploring 3:00well at the door at as a similarly i saw your presentation it was very impressive 3:04uh... i suppose a lot of people ask you this question did you really come up 3:07with the bullies ideas yourself 3:13and my dad had been watching documentaries cell i'd be taking alex 3:17and then let you know i clean rate down and then 3:20we put it into my speech 3:22so this is a lonely disguising operating so you've been discussing this 3:26with your dad 3:28and clearly is something that is really taking 3:31your interest by storm and i i do you feel that you you definitely have a 3:34message 3:35to to tell not just people of your generation of your age but but the whole 3:39of the world from what your understanding now 3:45alright not dozens of course people around the world but with we've seen you 3:49explaining what's wrong with uh... what about you yourself yet your mum's 3:54oversee pretty excited bout of this but what about the attention on you know 3:59dance families a man 4:02i like that so many people i like it because they king that information on on 4:06what's happening and making chan tell other people about it 4:10but some people your age my say economics financial boring isn't it 4:17you have probably a big but what you say to them is actually important for our 4:21lives 4:25markets and playing the has 4:28it's something really bad happenings senile light 4:31week a bit 4:32go well at online living like just like one meal a day and if this keeps getting 4:36worse 4:38what about them when you grow up 4:40what your ambitions to you 4:42one of the economist you would be at the prime minister 4:48well i want to be acting changes nine ac 4:51bag i'm definitely going to keep studying on monetary reform 4:57seated at the interior designers say your creative as well as sir 5:00having a financial mind as well 5:03well we wish you the best of luck in your career 5:05thank you very much indeed victoria graham and also a mother masi agron 5:09joining us live there in canada thank you ... "


 ______________________Reference
http://www.secretsofthefed.com/hope-brilliant-12-year-old-girl-exposes-the-fraudulent-rothschild-banking-system-video/

MooPig Creative Counsel Department :: "The 'illions Deficit"

Are we Perplexed about a $14 Trillion Debt?
Found in the creases by Pat Darnell  |  Mar 9, 2013  |  Bryan TX

[Picture LINK]

Glenn Thrush $14 trillion budget deficit: Politico overestimates deficit by 1600 percent.: "Now, here's the thing: If the deficit really were scheduled to reach $14 trillion in fiscal year 2013, sensible people would be freaking out. But the actual projection is that the deficit will equal $845 billion. As the old saw goes, all the numbers that end in "illion" sound the same to people. But Thrush is overstating the deficit by about 1600 percent here. In other words, the actual deficit is about $13,155,000,000,000 smaller than Thrush thinks it is."

'via Blog this'

And we thought obesity was the national threat! Here go loud mouthed politicians, loud like screaming infants in the middle of a room, getting in the way and trying to take everyone down with lies and misdirection, and gross exaggerations. Matthew Yglesias concludes:

" ... What's remarkable here isn't the occurrence of an error in the article. It's not a piece about fiscal policy, and Thrush isn't a budget specialist. It's how little difference the error makes in practice. The people who are very upset about the "$14 trillion" deficit aren't going to become less upset about it when they realize it's only $845 billion, anymore than the people worried about "out of control" government spending become less worried when they learn that government spending has been flat for almost three years. (Matthew Yglesias | Posted Monday, Feb. 11, 2013. LINK) ... "

In other words "The budget deficit would fall below $1 trillion under President Obama for the first time in 2013 and would drop to $430 billion by 2015, according to CBO’s annual fiscal outlook. (Erik Wasson- 02/05/13. LINK) "

So, next time you hear blundering, bombastic, blithering non-economists, who never completed a day's work their whole life, talking about the 14 trillion dollar debt ... JUST SAY NO!!


___________________Reference
http://www.slate.com/blogs/moneybox/2013/02/11/glenn_thrush_14_trillion_budget_deficit_political_overestimates_deficit.html?wpisrc=obinsite
http://www.disclose.tv/forum/what-does-a-trillion-dollars-look-like-t7771.html
http://dyn.politico.com/printstory.cfm?uuid=010C7748-8BC6-428D-BC5D-93480129BC21
http://online.wsj.com/article/SB10001424127887324900204578286050023564998.html
http://www.blogrunner.com/snapshot/D/5/5/cbo_projects_845b_budget_deficit_for_2013/

MooPig Merger Watch Department :: "Jim Hightower"

There is no Safe Harbor for the Common Person
Scooped by Pat Darnell  |  Mar 7, 2013  |  Bryan TX

[Picture LINK]

Introduction
Financial types, and they definitely are a subset of humanity, do things through sleight of hand. The reason they sneak around is because they foretell futures of money as it flows through society. They have formulas that tell them when tomorrow will be a winner or a loser. And this propriety, they think, gives them the right to lurk about. Just like a diamond dealer won't tell you where the diamonds are stashed, right?

The rest of us, in context of work-a-day, go about our business mostly ignoring the financial types. They seem to be doing nothing, and that seems foreign to one who works.

I did an experiment ten years ago. I got jobs working as an insurance agent, first with Farmers Insurance, then second with Western Southern Enterprises. I did okay in the application processes until they gave me a psychological evaluation type test. I was border line, as I was told later. But I worked in the financial industry for six years.

You see, there is no right or wrong answer to psychological test of that kind. My answers were "compared" to answers from other applicants, and/or, successful financial types. The comparisons told the company if I fell in the zone of successful financial types, or not.

Having been in Construction Management, and having grown up through the trades, my answers were "not" in the zone, but rather on the edge of that bell curve.

You, see, financial groups, like insurance companies are pyramids, only they are built out of playing cards. It may surprise you to learn that a regional manager at Farmers Insurance makes about $3 million a year; yes, that's right, and it is hardly ever publicized. The guy at the top of the heap gets the biggest check. His money is made off the backs of others.

When a bunch of financial guys get together they try to act like normal people, but their inherent hatred of anything "not financial" makes them play their hand.

I find these financial types intriguing; like being at a Cabaret, I sometimes imagine. A group of men usually who wear facades, and talk percentages, but just below the facade is a regular smelly, old wool, metallic scented pile of protoplasm that will shrivel up if it has to find common ground with a common person. Or, if you stare at their hairpiece too long they will try everything to turn your gaze from it.

"Oh, I jog three miles every morning," he'll say. This is supposed to fit into his gimmick world. Misdirection is the whole story, the only story, and the way of financial types out there.

So, when Jim Hightower reports on the sweeps of the financial district, that means we are right now in a national state of intentional "mis-direction," and maybe it is time to WAKE THE HELL UP!

Jim Hightower | Wall Street gets giddy over the urge to merge: "One Wall Street economist says, giddily, that today's urge to merge is "a sign that corporate America believes that the [economic] expansion is going to accelerate." Yeah, and run right over us.

"Confidence on Upswing, Mergers Make Comeback," The New York Times, February 15, 2013. 

"A Job-Hacking Fed Policy," Austin American Statesman, February 24, 2013.

"Buyouts a boon to investors," Austin American Statesman, February 18, 2013.

"From ketchup to computers, companies are buying each other again. Is a flurry of LBOs next?" www.washingtonpost.com, February 15, 2013."

'via Blog this'

[Read Entire Article HERE]



__________________________Reference
http://jimhightower.com/node/7975#.UTjFahyzeSo
http://www.forbes.com/sites/investor/2013/01/16/dell-the-return-of-the-prodigal-lbo-2/

MooPig's Home Schooling Department :: "Tips for Avoiding Student Debt ..."

Retrieved by Pat Darnell | 3.27.2012 | Bryan TX

[Picture LINK]
Tips for Avoiding Student Debt | Coupons and Deals Blog - Coupon Mountain:

• Take General Education classes at a community college.
• Save some cash for extra expenses.
• Explore all scholarship opportunities.
• Make sure you received the most financial aid possible from your school.
• Know what you're getting into.

Read Article HERE ::

Sound advice? We don't know. but we have learned that courses online are as good as general education courses at your big ass universities. You'll see.

'via Blog this'

_____________________Reference
http://www.couponmountain.com/blog/10911/tips-for-avoiding-student-debt
http://moopigwisdom.blogspot.com/2012/02/moopigs-home-schooling-department.html

China has the world's largest online population with 485 million users

Retrieved by Pat Darnell | August 30, 2011 | Bryan TX

[PICTURE LINK]
Internet Use becomes THE Way of Life for Billions
MooPig Wisdom tells us that the complexity of Chinese language arts is 'Probably" a strong argument for why advanced mathematical minds come from China. And it isn't just China but all through the Orient ... but MooPig thinks the common link is the "Pictograph" nomenclature of the derived languages based on Chinese. It is so complicated to learn the written language, that more of the brain is utilized to cipher. This makes young Chinese very adept at math: one of our MooPig ad hoc theories.

That said; mathematical minds will inquire in special ways. It is a good gamble to anticipate that China online activity will grow into the billions. It won't take long either.

MooPig thinks it is not a simple consequence, but rather a colossal dispensation. What society has been able to resist Western Civilazation's Sugar, Blue Jeans, or iPods over the decades? None. And every Chinese wants those things that percolate the Internet: Chocolate, Denim, Hair, More Functional Genitals, and Financial Freedom! Don't laugh.

When China bureaucratic wonks block certain websites, we know that Internet Users will go to servers elsewhere to download what they seek. In its first days as an Internet user, MooPig could find ways to search out information that was blocked in the USA, by going through other servers such as those in Poland. It was too easy.

MooPig suggests the dispensation of Internet use to billions of Chinese will create enormous demand throughout the USA. So gear up, and call your agent to book you in Beijing. Get a gig in Shanghai. China has the world's largest online population with 485 million users:

People are seen surfing the web at an internet cafe in Beijing. Sina, the popular Twitter-like service which operates in China, has contacted millions of users warning them to ignore false reports, in a sign of growing official unease over the rise of social networking sites. Source: AFP - Copyright AFP 2008, AFP stories and photos shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium    'via Blog this'

_____________Reference
http://www.breitbart.com/image.php?id=iafpCNG.e130880f49f01670f53c08d6ba00fbb6.321p0&show_article=1

*

*

*

Personal Freedoms

UBS to Reveal 4,450 U.S. Account Names
By STEPHEN OHLEMACHER and DEVLIN BARRETT, AP
[Retrieved by PD HERE]


WASHINGTON (Aug. 19) - Swiss banking giant UBS AG agreed Wednesday to turn over to the IRS the details of 4,450 accounts suspected of holding undeclared assets by American customers, piercing Switzerland's long-standing tradition of banking secrecy.
IRS Commissioner Doug Shulman said the accounts held $18 billion in assets at one time. Many have since been closed, he said.
The deal will give the Internal Revenue Service thousands of long-sought account names, Shulman said, and is expected to provide even more UBS clients who voluntarily disclose their financial details to the agency.
UBS has an estimated 52,000 accounts of U.S. customers. The IRS chief said the 4,450 accounts being relinquished to the agency were the ones most suspected of containing undeclared assets.

[ read more here ... ]

Account holders will be notified before their names are released to the IRS. The names will first go to the Swiss Federal Tax Administration. Account holders will then be able to appeal their release to the IRS before Switzerland's Federal Administrative Court.
The process is expected to take several months, IRS officials said.
Shulman said the Swiss government has assured U.S. authorities that the release of the names conforms with both Swiss banking laws and the tax treaty signed by both countries. Shulman said the IRS reserves the right to resume its legal fight if any of the names are withheld.
"This issue is not going away, and people hiding assets and income offshore will find themselves increasingly at risk due to our efforts in this area," Shulman said.
UBS shares were down 2.1 percent at 16.55 Swiss francs ($15.51) on the Zurich exchange.