griffith lighton's Blog
About the Author
Consultants are now advising wealthy clients to prepare for higher capital gains taxes because an Obama presidency and a Democratic congress are imminent.
This is very bad consulting. The tax increase is not caused by Obama or the congress, it is caused by a huge cost-benefit ratio. Read More »
This is very bad consulting. The tax increase is not caused by Obama or the congress, it is caused by a huge cost-benefit ratio. Read More »
The US has 5% of the world's population and imports 20% of the world's exports.
That gigantic investment of our jobs and capital (your income consolidated) overseas is about to feel what it means to be a part of a command economy in cyclical compression.
Emerging markets are about to experience what a bear market, and the magnifier effect, means. That 20 percent import factor is no coincidence.
So how will the retributive value on a consolidated wealth on a global economic scale be managed?
Will it be an overwhelming demand for for a strong, central command and control of a supra-sovereign elite--Hamiltonianism on steroids?
Will the Jeffersonian ideal be buried in crisis management?
No. Emerging markets are about to discover what monetizing a comparative advantage is, and that won't be just providing cheap labor.
Very best wishes.
That gigantic investment of our jobs and capital (your income consolidated) overseas is about to feel what it means to be a part of a command economy in cyclical compression.
Emerging markets are about to experience what a bear market, and the magnifier effect, means. That 20 percent import factor is no coincidence.
So how will the retributive value on a consolidated wealth on a global economic scale be managed?
Will it be an overwhelming demand for for a strong, central command and control of a supra-sovereign elite--Hamiltonianism on steroids?
Will the Jeffersonian ideal be buried in crisis management?
No. Emerging markets are about to discover what monetizing a comparative advantage is, and that won't be just providing cheap labor.
Very best wishes.
Point of No Return?
I strongly disagree with the going trend analysis that suggests what is different about this deflationary trend is that the job losses are jobs that will never return.
Elits that think it sophisticated to ship our resources and jobs overseas are in for a very rude awakening by means of their own device... monetarism.
The value of the dollar is measured by economic growth--productivity. That productivity, that value, is easily monetized.
Consolidated capital, trying to manage the retributive value, has very sopisticatedly rendered itself obsolete.
Hold on to those dollars, though. They are about to have more value than a consolidated capital could ever, or will ever, give and get.
Obama 2008!
Very best wishes.
I strongly disagree with the going trend analysis that suggests what is different about this deflationary trend is that the job losses are jobs that will never return.
Elits that think it sophisticated to ship our resources and jobs overseas are in for a very rude awakening by means of their own device... monetarism.
The value of the dollar is measured by economic growth--productivity. That productivity, that value, is easily monetized.
Consolidated capital, trying to manage the retributive value, has very sopisticatedly rendered itself obsolete.
Hold on to those dollars, though. They are about to have more value than a consolidated capital could ever, or will ever, give and get.
Obama 2008!
Very best wishes.
Job losses are at an understated half-million so far this year.
For conservatives, this is just "a natural swing in the business cycle."
Yes, right. These are the same people that demand tax reduction for jobs, "to increase the tax base."
Yes, these are the same people that accomplish "welfare to work" by freely trading jobs to China.
So the employee was not only being taxed to have a job, but paying the employer to "naturally" lose it or ship it off to China?! Anybody with a modicum of moral intelligence should be hop'n mad about that! Just remember that the next time you hear your elected and unelected officials talk about "tax incentives." If the break is not directly to you, no deal! They can all slow boat to China!
This land belongs to you, not just a small despotic elite!
Declare your independence and your Right to rid yourself of despotic elits!
Join the coalition for Obama!
For conservatives, this is just "a natural swing in the business cycle."
Yes, right. These are the same people that demand tax reduction for jobs, "to increase the tax base."
Yes, these are the same people that accomplish "welfare to work" by freely trading jobs to China.
So the employee was not only being taxed to have a job, but paying the employer to "naturally" lose it or ship it off to China?! Anybody with a modicum of moral intelligence should be hop'n mad about that! Just remember that the next time you hear your elected and unelected officials talk about "tax incentives." If the break is not directly to you, no deal! They can all slow boat to China!
This land belongs to you, not just a small despotic elite!
Declare your independence and your Right to rid yourself of despotic elits!
Join the coalition for Obama!
Big, powerful corporate entities screen applicants by "googling" them.
If a corporate were to google Thomas Jefferson, and come across The Declaration of Independence declaring the self-determined power of "The People" an "unalienable right," and the power of corporate governance legitimate only "by the consent of the governed," he'd be unemployed.
Thomas Jefferson would be black listed at every turn.
But there is no holding back "ideas" whose time has come!
If a corporate were to google Thomas Jefferson, and come across The Declaration of Independence declaring the self-determined power of "The People" an "unalienable right," and the power of corporate governance legitimate only "by the consent of the governed," he'd be unemployed.
Thomas Jefferson would be black listed at every turn.
But there is no holding back "ideas" whose time has come!
IN CONGRESS, JULY 4, 1776
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.
That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed.
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
Written by Thomas Jefferson.
Our Hamiltonian form of government "has become destructive of these ends," and "it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness."
It's time for a more Jeffersonian form of government.
Build the coalition for Obama!
Very best wishes.
tags:
organization theory,legitimacy theory,analytical modeling,election 2008
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.
That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed.
That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
Written by Thomas Jefferson.
Our Hamiltonian form of government "has become destructive of these ends," and "it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness."
It's time for a more Jeffersonian form of government.
Build the coalition for Obama!
Very best wishes.
tags:
organization theory,legitimacy theory,analytical modeling,election 2008
My good friends, I hate to say it, but the reality of our economy is "really negative."
Back in early May I published an article to the DNC site on "real negative interest rates." We still have real negative rates.
It is an especially bad technical indicator and, as you have noticed your real net worth continuing to plummit at an alarming rate, it is getting worse. Read More »
Back in early May I published an article to the DNC site on "real negative interest rates." We still have real negative rates.
It is an especially bad technical indicator and, as you have noticed your real net worth continuing to plummit at an alarming rate, it is getting worse. Read More »
The tussle between two elits like Buffet and Bernanke characterizes the problem of properly identifying the problem.
The 10 yr bond should be much higher than 3.94% given the record budget deficits (due as much to a regressive tax code as anything). Buffet argues the interest rate is artificially low. Raise it and, contrary to popular wisdom, the economy will retrace.
While Buffet is at least partly correct, it does not properly identify the problem for an effective solution, to which I have given considerable treatment.
Join the coalition for Obama!
Very best wishes.
The 10 yr bond should be much higher than 3.94% given the record budget deficits (due as much to a regressive tax code as anything). Buffet argues the interest rate is artificially low. Raise it and, contrary to popular wisdom, the economy will retrace.
While Buffet is at least partly correct, it does not properly identify the problem for an effective solution, to which I have given considerable treatment.
Join the coalition for Obama!
Very best wishes.
http://griffithlighton.blogspot.com/
Of all the arguments made for the utility, the benefit, of consolidated power, the one I like the most is the one recently made in regard to the price of oil and the speculative demand.
According to the monopolist that peaks the price on a scarce commodity, the price is a wake-up call to substitute. The monopolist is doing you a favor by exploiting you.
I love that one!
Never mind that there is plenty of oil. Investment in recovery has not been sufficient to meet current demand but, rather, is being used to bid the peak price.
Never mind, as well, that the capital to invest the substitute is consolidated and invested on the substitute at a rate to peak the price and exploit you all the same.
Nice try though.
Very best wishes.
According to the monopolist that peaks the price on a scarce commodity, the price is a wake-up call to substitute. The monopolist is doing you a favor by exploiting you.
I love that one!
Never mind that there is plenty of oil. Investment in recovery has not been sufficient to meet current demand but, rather, is being used to bid the peak price.
Never mind, as well, that the capital to invest the substitute is consolidated and invested on the substitute at a rate to peak the price and exploit you all the same.
Nice try though.
Very best wishes.
All that income we cleverly consolidated by deflating the purchasing power of the average citizen through commodity futures exchanges and hid in Swiss bank accounts because "paying taxes is for the little people;" better get it out but quick because the IRS now has authority to investigate and discover those accounts for tax evasion.
Anybody got a mattress that needs stuffing?
I also see where the IMF says stagflation is on the verge of full-blown deflation for most developing nations. Nice piece of global economic planning!
Central planning is not working for the general welfare.
I think we should deconsolidate and try free market economics for a while. I do believe anything would be an improvement over the promise of "making the tax cuts permanent!"
Please... vote for Obama!
Very best wishes.
Anybody got a mattress that needs stuffing?
I also see where the IMF says stagflation is on the verge of full-blown deflation for most developing nations. Nice piece of global economic planning!
Central planning is not working for the general welfare.
I think we should deconsolidate and try free market economics for a while. I do believe anything would be an improvement over the promise of "making the tax cuts permanent!"
Please... vote for Obama!
Very best wishes.
Ideal Support and Resistance
The peak price on corn added supply, the futures price fell. So much for resisting the Jeffersonian ideal!
The supply of oil is adequate both short and long and the price continues to rise. So much for supporting the Hamiltonian ideal!
Support the Bill of Rights and the Constitution of the United States.
Support Barack Obama!
The peak price on corn added supply, the futures price fell. So much for resisting the Jeffersonian ideal!
The supply of oil is adequate both short and long and the price continues to rise. So much for supporting the Hamiltonian ideal!
Support the Bill of Rights and the Constitution of the United States.
Support Barack Obama!
Tweak on the Peak
This is why the investment is not made in adding oil supply or E&R, because it is not profitable.
http://apnews.myway.com/article/20080629/D91JTORG0.html
Like I said, not investing in exploration and recovery nulls the peak oil hypothesis.
Supplies are adequate. Your income is not!! That's what's wrong with it.
Retribute the value!
Very best wishes.
This is why the investment is not made in adding oil supply or E&R, because it is not profitable.
http://apnews.myway.com/article/20080629/D91JTORG0.html
Like I said, not investing in exploration and recovery nulls the peak oil hypothesis.
Supplies are adequate. Your income is not!! That's what's wrong with it.
Retribute the value!
Very best wishes.
Complex derivative investments are possible, but retributing the value added on the risk premium in energy futures back to the consumer is not, or should not?
I don't think so!
Vote Obama 2008!
It's time to invest you, not divest you!
It's time we have what should be!
Very best wishes.
I don't think so!
Vote Obama 2008!
It's time to invest you, not divest you!
It's time we have what should be!
Very best wishes.
Tracking the speculative class of investments, the Commodities Futures Trading Commission reports hedge funds doubled oil contracts for non-delivery in the week ended June 24.
Hedge fund managers, a "class" of people that are receiving favorable tax treatment for their work and do not pay a penny of payroll taxes, defining an elite status, are hard at work applying the risk premium for you to pay for food and fuel, and to raise the capital to consolidate your bankrupted assets.
For neo-conservatives, supply-side economics is investing to add your supply to theirs.
This is the promise of trickle-down economics. It is the promise of voting for John McCain.
Vote Obama 2008!
Very best wishes.
Hedge fund managers, a "class" of people that are receiving favorable tax treatment for their work and do not pay a penny of payroll taxes, defining an elite status, are hard at work applying the risk premium for you to pay for food and fuel, and to raise the capital to consolidate your bankrupted assets.
For neo-conservatives, supply-side economics is investing to add your supply to theirs.
This is the promise of trickle-down economics. It is the promise of voting for John McCain.
Vote Obama 2008!
Very best wishes.
Price Manipulation
Price manipulation is not legal. In order to legally manipulate commodities prices it is necessary to create the cause of political events to effect the price.
OPEC claims the peak price of oil is speculative. The evidence is overwhelming that it is, and OPEC revenues participate in the inequitable bid that drives the momentum on the peak price.
The manipulators, a small group of supra-sovereign elits with money to burn (with a high risk tolerance), have access to the highest levels of decisional processes of power to effect the necessary political events. The cause of the events is a fraud. The event is the "effect" of the political influence. Thus, the upward momentum on the risk premium, on the price, is a fraud.
Iran has no intention of risking its supply of oil to market. It is entirely dependant on it. Disruption is too risky for the current ruling regime to keep its power.
That extra risk premium that you will be paying for food and fuel in the next few weeks, if not months, is unnecessary and a fraud.
Get the neo-conservatives out!
What we need is risk reduction, not a false causation that requires elite risk management and you paying them to do it with a premium price.
Barack Obama has the diplomatic skill and understanding necessary to reduce the risk and the premium you are paying for it.
Vote for Barack Obama and access yourself to power!
Very best wishes.
Price manipulation is not legal. In order to legally manipulate commodities prices it is necessary to create the cause of political events to effect the price.
OPEC claims the peak price of oil is speculative. The evidence is overwhelming that it is, and OPEC revenues participate in the inequitable bid that drives the momentum on the peak price.
The manipulators, a small group of supra-sovereign elits with money to burn (with a high risk tolerance), have access to the highest levels of decisional processes of power to effect the necessary political events. The cause of the events is a fraud. The event is the "effect" of the political influence. Thus, the upward momentum on the risk premium, on the price, is a fraud.
Iran has no intention of risking its supply of oil to market. It is entirely dependant on it. Disruption is too risky for the current ruling regime to keep its power.
That extra risk premium that you will be paying for food and fuel in the next few weeks, if not months, is unnecessary and a fraud.
Get the neo-conservatives out!
What we need is risk reduction, not a false causation that requires elite risk management and you paying them to do it with a premium price.
Barack Obama has the diplomatic skill and understanding necessary to reduce the risk and the premium you are paying for it.
Vote for Barack Obama and access yourself to power!
Very best wishes.
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