16.10.11

Fanning the Financial Flames (you've got *bigger* fish...)

People planning a run on the major corporate banks on November 5th might need to consider a few extra things before fanning the flames of yet another financial fire.  Most of them may not necessarily have enough savings anyway to even justify moving it from one bank to another just to show a faceless corporate entity just who wears the second-hand pants in the business relationship.  What will withdrawing the money prove? This is a much more tenuous situation than what the far left or even far right may understand it to be and no self-respecting educated person should even consider playing musical bank accounts next month before reading this

Now I absolutely understand the reasons that people want to leave B-of-A.  Believe me I left them a while ago for another unnamed corporate bank, and have since even moved some funds to a local bank.  While I'm not an economist, I still understand something basic about national bank chains which is that they are not wholly owned by the executives or even American investors but they also are owned partly by foreign investors. Foreign investment in American banks i.e. our "debt" comes with the promise of possibly being paid back with interest. Furthermore, foreign investors aren't necessarily jumping in bed with your local credit union (most of which aren't publicly traded from what I know) hoping that their profits will explode.  

The only good that would might come out of transferring funds from one large bank might be that they would rescind their latest fund raising strategy in favor of simply gauging us on overdrafts. The problem with making a run on all the major banks at once is that investors who see that they're being messed with will pull their money en masse creating that good old domino effect that makes credit markets freeze up (again) thereby putting even more poor slobs out of work. Somebody stop me if I'm off base here...

So as a general request, please save the rage for a rainier day.  I get that you have an opinion on what's going on but now that you've pulled yourself away from facebook long enough to read the newspaper do us all a favor and continue to protest peacefully and withdraw your money if you must from only the banks which are going to charge you just for breathing.  There's just not reason enough to panic for most of the 99 percent because we were poor before this started and contributing to the systematic failure of a national bank which employs a lot of people like you won't solve your problems and it might just make them even worse.

6.10.11

A troubling part of visitng my extended family is using my words carefully enough not to cause any alarm or uncertain terms of endearment.  Despite having the freedom to do whatever I want with my life I still have responsibilties which dictate how I effectively communicate with them if only for a short time.  Often we don't talk a lot because I'm a guy and the "dude has to abide" while he waits for other(s) to make up their minds about conservative vs. liberal.  This has many disadvantages but one distinct advantage is the ability to listen and wait for the right moment to interject.  Monks and holy types know that the word comes from nothing and it is nothingness that often is ignored in favor of the urge to fill up space.  I'll get to why this is important later.
My cousin got married in jamestown rhode island (named after a famous james, most righteously).  After everything was said and done, it turned out great.  No one fought or teased each other any more than what was considered funny even by the butts of the jokes.  When you get married to someone your family likes everyone gets a new punching partner. No one is safe, but then again why does anyone care to feel safe if it just gets boring?

I never feel as open to conversation as when I've just spent the weekend with my family and so was the case sitting in the airport overhearing a young professional girl talking somewhat enthusiastically to a stranger about natural gas extraction. Are you fracking kidding me? Before we started to board I asked her somewhat politely if gas companies have found a way to ensure hydraulic fracturing does not completely decimate the surrounding natural environment. Her response was a flat "no" which I was pleased enough to hear as an honest answer.  Before leaving I told her I thought it would be better if they drilled offshore for their gas and asked if she had heard of SWAY wind technology. After I briefly explained what it was, she said she hadn't heard of it and said it sounded nice. As far as I know she'll probably never actually find out more about what it costs to build one of these versus paying off people suing you for destroying their backyards, but here's hoping:




In addition to these technologies, solar and geothermal energies have evolved 20 fold since the original black flat panels that re-radiate heat.  We can now make trees that gather solar and wind energy which generate energy at twice the efficiency of a natural gas farm.  So if it pleases you then it might be time to stop fueling the flames which are ripping new hole(s) in our collective asses.  And don't say that the science is bunk because you're insulting human history by saying that our scientists aren't smart enough to know the situation is out of hand. Thanks for reading, see you next time...:)

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