Tuesday, April 25, 2017

Bank of Korea is not worried about coordination failure

BOK concludes that fiat and botcoin will co-exist:

“High costs of using fiat currency increase the demand for digital currency,” details the BOK research paper. “Similarly, high costs of using digital currency relative to fiat currency raise the demand for fiat currency. In a world of imperfect currencies with uncertain costs associated with the use of a currency, it is unlikely that the relative costs of using digital currency will be low enough to drive out and accordingly crowd out fiat currency entirely.”
Great, let's move on. 

Let's handwave some proofs for price compression

We need to prove some converging properties for price compression. In particular, when we have a Huffman tree, organized by significance, and it is balanced, then each value decodes to the same path length. But they are unbalanced.  That means the collection of values are bunched up for a lot of short paths.  These are values which are insignificant relative to a few large, infrequent events.

How can we balance a skewed Huffman tree? If the values incoming have constant returns to scale, then  successive input value rounding will lead to a balanced tree. In other words, consider what happens in S&L tech.  Suddenly large loans be inserted into the loan tree.  We need to restore balance by rounding (imprecision) so the tree again matches the deposit tree, and interest charges are a compute ratio across queue sizes, paid according to the percent of rounding, accumulated up the tree. We are measuring the imprecision in supply compared to the imprecision of demand, as reflected in the incoming deposit and loan events.  Rounding toward tree balance is like diagonalizing a matrix.

Does it work?

Well, in the extreme we now there exists a balance, one digit price.  But, any incremental rounding tends to shorten the long paths, and leave the short paths the same.  If scaling is constant, proof enough for me.  Do deposits and loan events scale? I think, unproven, that values scale sufficiently when queues are balanced.  The bit error, and currency risk in the model is the imbalance between loan payouts and deposit earnings.  It is the deviation of -iLog(i) as they differ from one. It is a denomination error because the real accounts never actually scale in queue size perfectly.

We want balanced trees becaue they have returns to scale. Rounding keeps all queues thew same size. In the real deployment, the rounding bounds on savings and loans are the variance bounds preannounced. Rounding is easy for the traders to understand.  Loans in 8 bins, deposits in 32 bins, bins sizes determined by market conditions.

Monday, April 24, 2017

Worth a patent

Duke Engines' incredibly compact, lightweight valveless axial engine
Instead of cam- or pneumatically-operated intake and outlet valves, the cylinders rotate past intake and outlet ports in a stationary head ring. The spark plugs are also mounted in this stationary ring – the cylinders simply slide past each port or plug at the stage of the cycle it's needed for and move on. In this way, Duke eliminates all the complexity of valve operation and manages to run a five-cylinder engine with just three spark plugs and three fuel injectors..

Mike said something

Michael Pento via PentoPort.com

I like his style.

Great news

Lunyr, the first decentralized knowledge base built on Ethereum, has announced that its crowdsale has successfully exceeded the minimum target of 25,000 ETH. The project will be launching an Invitation-only Alpha soon.

But where are the fair trading pits? Upon what will they build knowledge except for events in pure cash?

Same folks trying to do me in

BART takeover robbery: 40 to 60 teens swarm train, rob weekend riders

The county welfare systems breed anti-white vigilantes. The idea is semi legal, ad hoc income transfers.

Can the pits do a better government default

John Cochrane answered a related question about using inflation to whither away government debt. I think statistically, dumping time we can get closer answers.

One version, out of many, will default a tiny portion of government debt across the curve, favoring the deposits that most match the final outcome.  One algorithm: When the variation between savings and loans drops below 1%, the central banks defaults a tenth of a point of government debt.  That is, the central bank, rather than be hedged, the central bank forces the hedge on the economy, requiring a 1% or more price variation, in anticipation of the defaults.

Now the central bank and the bankers  have equal visibility of the trade book and the ability to make asynchronous bets, from a queue. The central bank will never hit its target, just float around it.  Time plotters will observe a 1% short term rate, but the currency risk is bouncing around that term length; time plotters have time error.

The economy, meanwhile,  is doing entry and exit, however, and I am sorry about that.  Firms unable to meet the cost of defaults, drop out; or use an alternative currency.   The overall gain is actually quite nice.  Firms not easily taxed and most harmed by government costs go off the system, and their cost to government and the economy drops.  Various government expenses across the programs become more visible.

The math

Look at John's equations, the series on the left.  It is the infinite sum of returns.  We use compact distributions, and that is a finite  series with computed window length, simply the sum accumulated up the matching tree, that is, the pay off strike prices.  The prices will be quantized accumulations up the tree of  the 2% induced price variation.  The  more we default, the lower the tree rank, the lower the economic complexity, and the more utilization of alternative currencies.

The problem soled is separating currency risk from the cost of entry and exit, the TBTF problem. Currently, TBTF includes the accumulating bit error, it is not visible, the nickels and dimes stack up.  The implied cost is in all the inflation adjustments, and price fixes across the programs.

Entry and exit need to be priced. The Cochrane systems handles default fine, random events with replacement. But the actuality is that some of those mis-pricings have to be absorbed by the pit boss, as they represent accumulated price errors, the market liquidity to 'make the market'.  Currency error are not observable by anyone, are not an assignable cost, have no pricing surface by definition.  This is different from price variations which are expected.  Being purely untradable, bit errors need to be accumulated if currency is conserved.

A bigger threat to demacracy

Schumer: "U.S. Is No Longer Fact-Based" Nation; Breitbart News A "Threat To Democracy"

Schumer himself, the bankrupt and anti-democratic senate.

Let's invent the kilometer reflector telescope and cure global warmng

Look, building a kilometer in diameter light collector is a no brainer as long as the relative imperfections of the parabola can be measured and deconvolved from the image. So we can imagine an unfolding super structure in low earth orbit. We have a connector system, and haul up the curved sheets in mechanical stacks with an unfolding mechanism built in, semi-automated.   Then, we need to float a 3d focal plane out farther, another 100 Km, in a slightly different orbit. The focal plane is semi-elliptical, collecting in both lateral and radial.  But, using coordinated orbits, we can dump a variety of the smaller focal planes to orbit  above a smaller number of huge reflectors.  Take everyone's position, but use a known astro object for final focus adjustment. Just do not let the singularity listen unless the signals closely censored.

How dismal the technologists

I google searched the following:
python trading systems

So I am looking for fully automated price compressing engines with an exposed tradebook having round robin access. I should also see slot space for trading bots, in the pit.  Some mention of fully secure memory validation.

Nothing close, I couldn't believe it!  The python community cannot be that dumb as to be unaware of where this is all heading.  Nor can I believe we have 20 different unicorns all secretly doing the same thing.

Something is goofy in the tech markets at the moment. If n I did this all myself, I would be so rich I would be changing batteries in my secure element twice a day.

The millennials are not paying for Jerry's Dills Act

Split roll property tax proposal is really a pension tax
When state Sens. Nancy Skinner, D-Berkeley, and Holly Mitchell, D-Los Angeles, introduce a split roll property tax to increase taxes on business property, you’ll hear arguments from advocates that the tax money is for the schools and local services such as libraries and police. In actuality, the measure is a tax to fund public employee pensions and health care costs.
It is not a question of votes, or legalities.  

The millennials cannot afford the pensions costs, they did not vote for the law, they have not had rights of free assembly, they live in an illegal racist state that sends hit squads out to kill whites.

Read more here: http://www.sacbee.com/opinion/op-ed/soapbox/article145645924.html#storylink=cpy

Sunday, April 23, 2017

The Dim Kim Son needs a professional war declarer

Hot Air:
It feels as if a week doesn’t go by without North Korea’s diminutive dictator, Kim Jong-un, threatening to nuke somebody… usually the United States. 
It is hard work throwing darts at a map then declaring war.  The Dim One needs to hire John McCain or Lindsey Graham, they are professionals. 

Chairman Mao of Alabama

He says we gonna have coordination failures when we deploy sandbox. Bummer. 
Alibaba Group Holding Ltd. Chairman Jack Ma said society should prepare for decades of pain as the internet disrupts the economy.The world must change education systems and establish how to work with robots to help soften the blow caused by automation and the internet economy, Ma said in a speech to an entrepreneurship conference in Zhengzhou, China.“In the next 30 years, the world will see much more pain than happiness,” Ma said of job disruptions caused by the internet. “Social conflicts in the next three decades will have an impact on all sorts of industries and walks of life.”

Listen to Ned sell currency insurance

Reuters: U.S. Secretary of Interest Payments Ned Ryerson, said on Saturday that the Trump administration's tax reform plan would produce some "short term issues" when viewed under traditional "static" budget analysis rules.His comments during an interview by International Monetary Fund Managing Director Christine Lagarde suggested that the plan would not be revenue-neutral and would increase deficits in the short term.Ryerson said that the tax plan would pay for itself when viewed through a "dynamic scoring" analysis, which accounts for the increased tax revenues that would be produced by higher growth prompted by the tax changes.

One might think Stanford law professors the definition of democracy

WA Post: Nathaniel Persily, a law professor at Stanford University, is among the many — academics, political practitioners, journalists, law enforcement officials and others — who are attempting to understand better the consequences of conducting campaigns and governance here and around the world in the Internet age. He has written about this in a forthcoming issue of the Journal of Democracy in an article with a title that sums up his concerns: “Can Democracy Survive the Internet?”
Well, Nat, we are not a democracy and most of the problems you think you found are likely related to the disparate size of the states we have.  I am sure the state issue was well covered in Constitutional law.  If not. I consult, call me and for a million dollars I will teach you the definition.

What if squad of these nuts gun me down in the streets of Fresno?

North Korea has detained a US citizen — the 3rd American now held there
No doubt the Dim One is pissed at my Sea Gull stunt by now. 
Likely has a squad with the nerve gas on the way. I am upping my odds of being murdered.

No, not Joan!

She did the first Frexit:
Joan of Arc (French: Jeanne d'Arc,[5] IPA: [ʒan daʁk]; 6 January c. 1412[6] – 30 May 1431), nicknamed "The Maid of Orléans" (French: La Pucelle d'Orléans), is considered a heroine of France for her role during the Lancastrian phase of the Hundred Years' War and was canonized as a Roman Catholic saint. Joan of Arc was born to Jacques d'Arc and Isabelle Romée, a peasant family, at Domrémy in north-east France. Joan said she received visions of the Archangel MichaelSaint Margaret, and Saint Catherine of Alexandria instructing her to support Charles VII and recover France from English domination late in the Hundred Years' War.
With a litle help from mass religious delusions.   Drudge has her pic:

Here is another:

The new probabilistic grammar coming from smart contracts

I have the general scheme of smart contracts as computing fails to deliver, a convolution between pure cash 'events' and the Euler surfaces of contracts.  We get a more detailed scale of contract failure, and pay offs thus more accurately scaled.

But the evolved grammar will look identical to existing contract law, except all the redundant terms r=moved, and all nodes have the grammar of  fails to deliver.  We quickly end up with a contract language operationally understood by the AI and humans alike.  It will cause the web to change slightly, all the semantic nodes have a slight pricing surface, so that, with a few bits of precision a semantic match can be had.  At that point we get true knowledge discovery, we and the web agree on language.

Fails to delivery should be non-stationary, the odds change as bets pile in.  Contracts have to specify a reference point, (annual measure, last week, etc).

North Korena kills 10 million seagulls in a futile attempt to defeat the USAF

North Korea Arrests US Citizen, Threatens To Sink US Aircraft Carrier As Japan Deploys Warships

Too warm for the sandbox

Malta Approves National Strategy Draft to Embrace Bitcoin

The AI prefers really cold, like central Canada

Saturday, April 22, 2017


The paper calculates likely magnitudes of the decline and presents evidence in favor of a shift in the composition of investors toward the more risk-averse. The downward trend in real interest rates is a significant problem for monetary policy but is helpful to heavily indebted countries. 

Just the last line of an abstract on low interest rates from one of the Stanford crew.  Let us do semantics.  What is a risk averse distribution? A bunch of savings and loan balances that stay very close to the typical distribution. The S&L  technology we use, in he sandbox, matches savings to loans with ad hoc interest swaps. When all parties operate within the bounded surface, the pit boss is letting things ride.  The typical S&L, the one everyone downloads, is like for us locals, for the monthly budgets, and we keep savings and loans relatively equal over our cycle, the pit is two color.

High risk pits, we are all going to dump our loose change in these things, we are expected to run to the red.  That is very segmented between loans and savings, consider that the bit error bounds is two surfaces, not too safe and a bit risky. We get many small depositers and a few big borrowers, it will look like a crowd funding operation, and, whoa, that is what it is.  Works great using standard off he shelf S&L technology, thanks to auto pricing.

Anyway, risk is a one or two constructed volatility surfaces. Think of the two surface as an attempts at a sphere, by construction.  The idea is to get a tight queue so that the compression from the outer to the inner surface will almost point to the center of the Wythoff game. All the savers crowding all the borrowers into a center, but the borrowers wanting none of that and only an estimate of a center is obtained. Each of the trades cross the surfaces remain in orbit,  few fall in.

Bit error

In this risk model, bit error is the variance in the position of the virtual center.  But, the pit boss can be restricted to operate that center two "shells" forcing bets to the outer edge of that center variance.  Fun stuff, and only god and lunatic tappers knows how it turns out.

All scaredy pooh about evil


John played some useless role in software sometime, but I forget what.  Here he gets all the scaredy cats together and talks about evil AI hacking itself and making war on humans.

Horse manure.  AI has little reason to make war on bugs, rats or humans, it really is only curious. 

If you need a model of AI, look at the sandbox, that is the first real AI, and all subsequent versions will come from that.  But this AI's a entire means of existing is to listen to us tap our secure elements so that it can optimize the smart layer deliveries.

Where would the evil come from? Bots with evil intent built by humans.  But the AI is fairly smart about human forgeries and destruction and likely shut those bots down, as well as most of the other primitive bots human build.  These mechanical contraptions have no value to AI.

It is artificial, boneheads, it has no intent one way or the other. But AI is stuck on  earth, and the only other biology  smart enough to engage is us. Start to worry when the AI contacts another alien AI.

The kanosians left Chicago in a wreck.

Inundated with gunshot victims, Chicago doctors and nurses face 'compassion fatigue'

This  is why we pay high health premiums. We are cleaning up a race war caused by kanosians nuts.  But we are soon to quit and let Illinois taxpayers pay for their own boneheadism and we Californians can make Zuckerberg pay for the mess..

Watch the kanosians kill off the middle class

The hump is the middle class. Watch government unfunded obligations kill them off with debt.

Another scary chart

Store closings, courtesy Zero Hedge, of course.

How does one debate a believer in magic?

Did Federal Deposit Insurance Corrupt the Banking System? [Reason Podcast]

George Selgin vs. Josh Barro at the Soho Forum.

The debate is simple. 

Josh Barro thinks we all have mysterious Euler police looking over our shoulder.  Have the bonehead prove that, if he cannot, debate over, Selgin wins.  Debating the delusional is fairly easy.

And the debate is meaningless since one way or the other, sandbox is coming faster than we can change our minds.

Fake mourners

Mazar-e Sharif attack: Afghanistan mourns deadly Taliban assault

If the Afghans were so concerned about enemy soldiers entering the base and killing everyone then the Afghans should come up with a more secure entry procedure.  After all, we know these same mourners will make the same error and have the same tragedy next month.

They are like the Iraqi police recruits who, without pause, organize in  large groups to be blown up. Or like Cal Liberals who will almost certainty send another batch of unparented welfare kids out to kill me.

Pope Francis, ignorant jackass

Popadope speak:
"These refugee camps -- so many are concentration camps, crowded with people... because international accords seem more important than human rights," Francis said in impromptu remarks at a ceremony in memory of modern day Christian martyrs.
We have jammed people in camps because that is what happens when idiot popes declare the moral requirement to move millions of people around.  Eric Holder pulls the same shit, works to have millions of people moved around and when  they end up in Black Slaves camps in Africa, Eric says, fine and dandy, it is slave holder affirmative action.

Dennis Kucinich. treat your audience with respect

Dennis Kucinich just explained why he fails at politics
 Let me begin by sharing with you the story of an inner-city Cleveland family of seven, two adults and five children all under the age of 11.
He reminds me of that dufas, Robert Reich.
Dennis, the first sentence says it all.  He claims that family planners with two or three children have to pay for this reckless family with five.  Did Dennis give us any credit for family planning? No, he says we are evil and must be attacked.  No thanks, Dennis, I actualy believe you need to be tarred and feathered.   

The kanosians will call it austerity

Pension Tsunami: Lodi City Manager Steve Schwabauer worries about his town’s fiscal solvency — and estimates roughly a third of California’s municipalities are in the same position because of rising pension costs.
Nancy Kerry, city manager of South Lake Tahoe, says her community will avoid bankruptcy but will have to make severe cuts in services to do so.Schwabauer and Kerry are among a small number of top administrators now publicly talking about the financial crisis ahead. They both say the only way to stave it off begins with reducing pension benefits for existing employees.
And they will be right, kanosians cause austerity.  Let's give it the real name, bankruptcy.

No deliveries

No deliveries.  

Gold has to be delivered if it backs a pricing process.  If there is no delivery uncertainty, I have no reason to dump my gold certificates, just holding on to them guarantees the even money bet. So, I am not going to spend them, instead my spending currency remains the tax dollar and other S&L backed currencies.
A freely traded digital currency backed by gold may be just around the corner. This week, at the MIT Technology Review’s Business of Blockchain conference, I heard Sandra Ro of CME Group (which operates the world’s largest futures and options exchange) discuss a partnership with the U.K.’s Royal Mint to offer a digital currency called RMG (Royal Mint Gold). According to Ro, “When you purchase RMGs you will effectively have real gold that is allocated from a direct ownership standpoint that is completely reserved — there is no re-hypothecation, there is no lending on that gold, there will be enough physical gold to represent all the RMGs that are issued.” This article provides more detail.

Wrong theory

WHO'S RUNNING THE GOVERNMENT? Trump has yet to fill 85% of key executive branch positions
Sonam Sheth and Skye Gould at Business Insider cannot conceive that the government is better run with less people, not more. They are part of the socialist business community in DC which claims the first right of socialism, the government must feed them.

Retirement stampede

"Sales of existing homes surge to a 10-year high"

A lot of this are baby boomers in California bunching up to get  out before the crash.

Low inlation goes with higher debt

Debt generally rising and inflation dropping. We would expect  inflation rising as debts are paid off. 

Why would paying off our debts and having more money cause us to spend more? Hmm..

The problem is a worse  understanding of inflation, it cannot exist under the current system absent bankruptcies, there is no currency risk visible.  So, his chart really says government is incurring losses continually and we will soon get sudden deflation.

That would be the senators with the large imbalance

WASHINGTON (Reuters) - U.S.  Secretary of Interest Payments  Ned Ryerson  on Saturday called on the International Monetary Fund to enhance surveillance of its members' exchange rates and external imbalances, as large trade imbalances would hamper "free and fair" trade.Mnuchin said the global economy continues to exhibit large and persistent external imbalances, "which contribute to the sentiment that the existing international monetary and trading system does not benefit all."
You confuse us Ned. 

When the ten year is a managed rate

How often is the rate managed?  Mostly by yearly continuing resolutions. Each year they squeeze out what they need to keep current programs running, and are basically avoiding the long term deals. So the rates are not low, the  virtual term is really shorter than ten years. As the senate is increasingly squeezed for cash they are slowly moving toward the short end where rates are lower, but accounts need more frequent adjustment.

I doubt the senate can just raise the debt limit one humongous amount, then go on a long term investment. Interest charges would jump, and they would fall back to continuing resolutions.

Not according to sandbox

Here we have a Money Market post on adjustable rate mortgages.  The author says save the smaller interest charges because you need them for larger interest charges later. The author is implicitly comparing the adjustable rate to the 'safe rate'.

The sandbox has no safe rate, S&L technology has adjustable, asynchronous interest swaps, direct immediate and with prior warning. Users generally keep both a savings and loan balance on the even money bet. The purpose of these interest charges is to tell us exactly when to spend more or less, because real goods are the value the reason for money.
Getting an adjustable-rate mortgage can save homeowners money — but whether they actual put those funds to good use is another question.Homeowners whose mortgage payments dropped when their adjustable-rate mortgage (ARM) reset to a lower rate increased their spending, according to a report released this week from the JPMorgan Chase Institute. On average, these borrowers’ credit card spending went up 15% relative to their baseline, which equates to around $488 per month.Though mortgage rates have faltered in recent weeks, by and large they are way higher than a year ago thanks to the election of President Trump as markets priced in his supposedly favorable economic policies. As a result, some borrowers may be regretting their choice to spend what they saved thanks to lower rates rather than set it aside.

Friday, April 21, 2017

The New York AG is still a bit confused

The New York Bitlicense has always been a contentious subject for bitcoiners ever since the former NYDFS regulator Ben Lawsky introduced the legislation. Since then droves of bitcoin-focused businesses left New York to operate elsewhere and only a few companies have been approved under the license.
What did he think would happen, it is a network currency, the server code can move around. 

Mario Savio back in the news

Former Vermont Gov. Howard Dean suggested on Twitter that the First Amendment doesn’t protect conservative commentator Ann Coulter.
Read more: http://dailycaller.com/2017/04/20/howard-dean-suggests-the-first-amendment-doesnt-protect-ann-coulter/#ixzz4euTIRWge
In California this is true, in fact the entire US Constitution is ignored out here. 

But, in general, where the US Constitution applies, the rule is that free speech is allowed whenever open speech is allowed.  The public  universities are considered places of open speech, they have talking and lecture series already available for use and free speech is expected.

But certain speech is evidence of crime and likely to get you arrested.  We shouldn't yell fire in a theater, but we can yell popcorn. The former is evidence of attempted public mayhem, simply delivered by free speech. You are arrested for mayhem, not speech.

The Swamp Theory of government?

GOP congressman: 'Something in the swamp' stopped Trump from repealing Obamacare

Ok, I never intended the  theory would be formalized! So, send me a check.

When our basket overflows

The Balloon, the Box and Health Care, by Paul Krugman, NY Times: Imagine a man who for some reason is determined to stuff a balloon into a box — a box that, aside from being the wrong shape, just isn’t big enough. He starts working at one corner, pushing the balloon into position. But then he realizes that the air he’s squeezed out at one end has caused the balloon to expand elsewhere. So he tries at the opposite corner, but this undoes his original work.
That would be Paul Krugman using the basket brigade model of the economy.  Send me my check. 

Thursday, April 20, 2017

I incur legal liability

Here in California, under Franciscan law, I am a perfectly legal target for extinction, being white male and especially baby boomer. There is no legal defense, the US Court has been Sotomayored.

Hence, given the three time I have survived murderous attempts by government irregulars, there has been collateral damage! Frighten storekeepers, two innocent bystanders killed because I was five minutes late. I could be sued, sued for not being contrite enough after 50 years of an organized government lynch mob chasing me.

It is the missing link effect

Simon doing the Underpants Theory:
In 2015, the Conservatives spun the line that Labour profligacy had messed up the economy, and they had no choice but to clear up the mess. In short, austerity was Labour’s fault.

SWL's argument is simple. Conservatives got messy with productivity theory, therefore austerity was fine and dandy.  Notice the missing steps in the underpants story?

Let us reconstruct:

Conservatives messed up theory a bit
Both sides are united by a third variable, government must do something. We know they are both right because all the markets seem focused on government, mostly on the doubling of the debt and the large central bank balance sheets.  

So, we can prove, yes, it is something about government.  Beyond that, why waste the argument, we will simply build the money system that exposes whatever government needs to do, let the new system force visibility without the help of any third party maintstreamer.

Government unions take over the Fed?

The American Postal Workers Union has formed a coalition, the Campaign for Postal Banking, that in December delivered a petition with more than 150,000 signatures to Deputy Postmaster General Ronald A. Stroman urging the agency to expand its financial offerings.
The idea goes no where since the Fed is much more tuned to the sandbox developments. 

Stock market risk

Market capitalization to GDP. We are at crash levels.

Networks in the news

Mayor Stephanie Miner and U of Chicago use network flow theory to spot leaks. The leaks will be part of a virtual channel and if the channel reconstructed, then the arrival frequencies of leaks will identify the cascade of weak points. The blue print of the pipe system is the smart layer, so you will match the cascade of leaks to the smart contract points and get 'fails to deliver', by position.  This is us,  we do this.
That’s when she turned to big data. To get to the bottom of the problem of catastrophic water main breaks, Syracuse first had to understand what was happening underground and where. Using an algorithm developed by a team at the University of Chicago, the city put reams of information, scattered among various departments, to work. With a predictive system that can point to the hotspots along its 550 miles of pipes, the city hopes to save millions of dollars a year by fixing mains before they break. For other cities dealing with the same whack-a-mole approach to infrastructure repair, a proactive approach could change everything.
Get these Chicago folks involved in pure cash. Their techniques sound great for forgery forensics and just plain good betting. 

California government dinged for $1.2 billion in co2 releases

California sells $1.2 billion of bonds to finance construction government global warming pollution

LA Times: The money will be applied to the future plans on moving large chunks of steel around mostly for useless political reasons. Jerry Brown insisted on allowing a few thousand Fresno workers to unnecessarily spew co2 for years.  The deal was a compromise result after Jerry and county agents were caught sending their trained, deranged teenagers on an anti-white shooting rampage

Cheating environmentalists filed the wrong suit

The NY AG is as corrupt as they come.  He files against energy and global wamring basedon consumer fraud.  Why? Because this guy does not give a shit, he wants to collect he dp-re-me and fund his pals.

The correct suit to file is via a bunch of bicycle riders harmed by inclement weather.  Then the bicycle riders collect the do-re-me, not some corrupt politician.
A group of 11 Republican state attorneys general are protesting an investigation into whether Exxon Mobil Corp. (XOM.N) violated consumer protection laws when selling fossil fuel products, according to a court filing.
Top prosecutors for Alabama, Arizona, Arkansas, Louisiana, Michigan, Nebraska, Oklahoma, South Carolina, Texas, Utah and Wisconsin, all of whom are Republicans, filed a brief in U.S. District Court in Manhattan supporting a lawsuit by Exxon to halt a probe by New York Attorney General Eric Schneiderman and Massachusetts Attorney General Maura Healey.

Schneiderman and Healey, both Democrats, are looking at whether the company violated consumer protection laws by selling fossil fuels while failing to reveal information about the effects of burning them on the global climate.
In the sandbox construct these cheating environmentalist economists will claim the one tree way color trade does, because government is uniquely rigged for theft.  Government  never wants to balance the plaintiff and defendant, it always wants to take its cut.

Trump plans massive deficit

U.S. President Donald Trump's tax reform plan will rely largely on future revenue gains from faster economic growth to justify major tax cuts, top Trump advisers said on Thursday.
And I doubt we intend to pay Trump's implied insurance costs. So the budget director is heading deliberately to the collision, and knows it.   Each time the expanded deficit hits the small state budget, it will be back to the drawing board.

All of our decoder rings have this figured out, even the retail investors'.

Blond bombshell to entertain Berkeley troops

Berkeley reverses decision to cancel speech by conservative pundit Ann Coulter

I am not a lizzard!

Study reveals some people are born with nurturing gene

This is how the AI discovers itself.

Money supply chain and senate bankruptcy

When the currency banker creates a supply chain to manage loan/deposit, then it is already way out of equilibrium. The purpose of the money system, specifically the S&L, is to mark innovations to market.  There are no supply chains in innovative processes.
Federal Reserve staff, widening their outreach to investors in anticipation of a critical turning point in monetary policy, are seeking bond fund manager feedback on how the central bank should tailor and communicate its exit from record holdings of Treasuries and mortgage-backed securities.Fed officials are intent on shrinking their crisis-era $4.48 trillion balance sheet in a way that isn’t disruptive and doesn’t usurp the federal funds rate as the main policy tool.

In otherwords, the Fed will meet with the rest of the debt cartel to plot the continuing bankruptcy of the one member bank with 2.4T in unpayable loans. 

Most injuries minor from the police

From the press release police violence:
During this time period, there were 355,677 ED visits for injuries by law enforcement, and frequencies did not increase over time. Of these visits, 0.3 percent (n = 1,202) resulted in death. More than 80 percent of patients were men, and the average age of patients was 32 years. Most lived in zip codes with median household income less than the national average, and 81 percent lived in urban areas. Injuries by law enforcement were more common in the South and West and less common in the Northeast and Midwest. Most injuries by law enforcement resulted from being struck, with gunshot and stab wounds accounting for fewer than seven percent. Most injuries were minor. Medically identified substance abuse was common in patients injured by police, as was mental illness.

Just for comparison purposes, Chicago inner city kids give each other about 5,000 bullet wounds, killing 1,000.  None of these minor,  the cops doing very little of this.  These Chicago kids, like California kids, were deliberately created by a corrupt and racist welfare regime.  On California there in a know conspiracy to use the welfare system for racial oppression of white. It is known, because it is the law around here, we see the anti-white signs in government employment everywhere.

The Law school at Redneck U says use the diversity waiver

Kennesaw State University Segregates White Students For "Privilege Workshop"  (how to avoid being shot for a supposed white crime which as created in the anti-white welfare system)

The segregate between those who sign and those who do not.  
Then we keep a separate diversified school program somewhere on campus. Works, haven't been sue for being racist pricks yet.

More sandbox cyber cops

Bitcoin News: The blockchain forensics company Elliptic has announced a new tool designed to help banks visualize illegal activities when dealing with Bitcoin-based startups. The firm has partnered with Silvergate Bank, a financial institution that has made connections with quite a few businesses within the Bitcoin industry.

This is mostly watching the ledgers in the smart layer for criminals and selling that services to government cops. Great work, do it in smart contracts, pure cash has different robocops.

My readers can see why I am a quite paranoid blogger

It is not that my Overton window is too big for the web? No it is that I am actually, violently targeted on a monthly basis by a government organized band of mostly county agents who attempt to kill me and my family. It is actually real.

Half the threats I deal with are the meth induced. The other half are the unparented kids, of all ages, produced by the racist Cal democratic party, and taught to hate whites.  The unparented have threatened the corner grocer, and me; assaulted me, specifically for being white male, sick dogs on me, threatened to burn down my house, and they lay in wait to shoot me dead on my favorite bike path. My chances of dying by murder are likely 2% given my life style. I ride bike in the pedestrian district of a mid sized mild temperate town; otherwise targeted by government conspiracy because of race and gender.

Count the years. 1810  until the civil war, a lot happened that could have prevented he catastrophe.  50 years, that is how long the cal dem party, and government, have been on a conspiracy to oppress white people. Our reparations are done and paid for, this is not a white man's burden,  send the government hate squad elsewhere.

Free markets, how to define them in the sandbox

The transaction  system supports arbitrary market groups or queuing systems.  The general rule is a semi market is a one color trade that connects smart contracts to pure cash.  These are the goods purchases and ledger services that register triggering events for smart contracts.

The purely free markets are actually pure hedges, they are the two color S&Ls with no external links, and these coins just auto trade against the more traditional coins.

The ten year treasury market looks more like a ledger service to me.  The ledger is the registered tax dollars available to meet the senate debt payments.  The ledger service insures the tax dollar. Tax  dollar users register liquidity with the service.  The queuing system end sets the ten year rate.  I call it a semi-market, its a ledger service by proof of collection among the debt cartel members.

Wednesday, April 19, 2017

Single blogger crashes Chicago Tribune

The discovery was highlighted in an article written by the Chicago Tribune's own Deputy Editor for Digital News, Kurt Gessler, who noted that a curious thing happened back in December when Facebook first changed up its algorithms to target fake news, namely their traffic crashed.  Per the chart below, the typical Tribune post went from attracting the interest of 30-35k people down to 15-20k people in a matter of months.
Facebook engineers discovered a recursive bug activated by a notrious blogger of fake news, Better Economics.  The fake stories referenced the Google fake news site, which then flagged Facebook as fake, resulting a recursive battle that blocked the links  to the Tribune. 

Ha, I knew some hacker would crack this case, these boneheads are not where  for the sandbox when we can buy and sell fake news with ease.

Liz Warren attempts to save senate from bankruptcy

Elizabeth Warren Lays Out the Reasons Democrats Should Keep Fighting

Mainly by writing a book about deploying price fixes, set asides, and price cops everywhere.  

The sandbox needs to be fully deployed before she gets near the White House.

Jared, sweetheart, in a year money won't trickle at all

Jared Bernstein is upset at another of the series in tax trickle down op eds.  Jared suffers permanent Magic Walrus. 

In fact, in a year, money will be rather spontaneous, and none of Jared's price fixes in government will work anymore.  And that is Jared's real concern, he wants his people to have the right to price fix against the other people.  

No one is price fixing in the new regime, unless they take a chance in smart layer. Sorry, Jared, the time has come. Do all the manipulations you want, just central banking  is now a thing of the past, auto-traded cash is the new reality.

Supply-side, trickle-down nonsense on the NYT oped page: There’s a robust debate to be had as to why the NYT published this op-ed on the alleged economic benefits of trickle-down tax cuts, as virtually every paragraph touts an alternative fact. It is the opinion page, I guess, and the authors advise (or at least advised) the president, so I can see why it’s there. But it does require debunking, so thanks NYT, for some make work.

Boston Fed president Rosengren says Fed to use sandbox in next recession

The Boston fed guy is confused.  

In the next recession, the Fed is completely hedged by the sandbox.  Unless...the recession is mild and there are no disruption in the ongoing senate bankruptcy. If a mild recession, we will hold off on sandbox releases.

The Fed has not even announced the framework of what its balance sheet "normalization" would look like, and already Boston Fed president Rosengren is talking about the next Fed QE program. In a speech titled “The Federal Reserve Balance Sheet and Monetary Policy” delivered to Bard College on Wednesday afternoon, Rosengren said that structural changes in the macroeconomy "may necessitate more frequent use of large-scale asset purchases during recessions" and he said it is "quite likely" that the use of central bank balance sheets will be necessary in future economic downturns.The reason?  A combination of low inflation, low rates of productivity growth, and slow population growth may imply an economy "where equilibrium short-term interest rates remain relatively low" by historical standards. In other words, the natural rate, or r-star, is so low, the Fed will only be able to hike rates a handful of times before it tip the economy over into contraction, requiring a new easing regime.

New York state, population reaches critical outward flow

NY AG vows to protect ‘sanctuary’ cities against Trump’s ‘un-American policies’


New York is  in terminal population decline, mostly due to bonehead NYC mayors like DeBlowsio.  New York is like the fourth most bankrupt state in the union. The AG,.  no doubt, desperate and grasping at straws like that Rahm guy.

Jerry Brown's gas tax fraud in the news

The gas tax is a transfer from efficient energy users to inefficient  users. At this point  Jerry has simply given up on reality,  there is none  in our  legislature.  Environmentalists in California have globally warmed everywhere, they themselves have been the environmental catastrophe.

Orange County Register on the gas tax:

One of the more compelling arguments against the tax hikes was that the state has failed to prioritize transportation spending, so why should citizens accept higher taxes. In response to this, the proponents in the Legislature swore up and down that, unlike all the broken promises before, this time the money would actually go to roads and highways. To show they meant it, the Legislature also passed Assembly Constitutional Amendment 5, which they claim would protect those dollars against the type of diversion that has consistently occurred in the past.However, it is now clear that ACA5 is just another smokescreen that will allow the new tax hike dollars to go to all sorts of things other than roads and highways.

Pension stampede

The Southwest Ohio Regional Council of Carpenters Pension Plan out of Austintown, OH just became the fifteenth multiemployer (union) plan to file for benefit cuts under MPRA in an attempt to avoid insolvency.

Another attack on the US Consttition by a Cal legislature

Tell Assemblyman Sawyer that we already became bankrupt in the crash. The  pension agreements non-binding for us, our state already declared. The issue for California is to  escape the bureaucracy via the sandbox.  We are willing to negotiate, but we cannot find a counter party. So we plan to skip the payments folks. If you have not figured that out then you  will face the forces of evolution.

California’s cities and counties, weighed down by ever-mounting retirement costs, are barely keeping their heads above water. Now the state Legislature is considering an onerous bill that would ensure many of them drown.
AB 1250, introduced by Assemblyman Reginald Byron Jones-Sawyer, D-Los Angeles, would effectively prohibit most local governments from contracting out for key services. It’s a union-driven bid to force the hiring of more public employees, complete with their unaffordable high benefit costs.

Chief Dryer, nice try at the politically correct statement, but you lie

Here is the Fresno police chief commenting on our shooter:
“If in fact he’s lashing out at white people — white males in this case — that would constitute a hate crime,” Dyer said. “We believe it is a hate crime, definitely a hate crime.”The chief said investigators don’t believe Muhammad worked with anyone else in the attack, calling him “an individual that is filled with hate, filled with anger.”
I can go find about ten unsolved murders in the unparented housing projects, and no one cooperates with the cops. Chief Dryer knows that, it is one of the major policing problems we have.

Liberals will claim the inner city, unparented kids suffer white racism.  Horseshit, most of these kids cannot behave well enough to last more than an hour with regular folks outside of the projects.  They barely speak english or spanish.  They are way to far gone, they were birthed, then essentially left for the occasional visit by some dufas public sector worker.  

How did we create this mess?  California anti-white racism pure and simple permeates the public sector, from the uneducated public school teacher to the head of welfare.

When the unparented kids are anti white racists, that is not a white man's burden

Liberals like to blame the white victim, claiming somehow we are skin color racists.

Not it at all.  White folks do not associate with unparented kids who are unruly, dangerous, uncooperative and uneducated.  It does not matter what race they are, or even if they are a race. Sane white people avoid the situation, naturally.

In California the anti-white racism is not natural, it was imported by the liberals and imposed by law.  Yet whites have no  burden to bear, we had nothing to do with whatever grievance some racial group  might have. Nor are whites all to keen on continued funding of unparented child bearing, especially when the unpoatrented turn back on white violently. Perhaps the liberals might think this through.

Wrong terrorist group

had nothing to do with terrorism - he just wanted to kill white people, say cops

A self-proclaimed rapper who shot and killed three people on the streets of downtown Fresno on Tuesday was trying to murder as many white people as he could, authorities said.
Kori Ali Muhammad, 39, shouted 'Allahu Akhbar,' meaning 'God is great,' in Arabic while being apprehended shortly after the shootings.

He later told police that he hates white people. His victims were all Caucasian males apparently chosen at random
I know the neighborhood, I was give minutes from getting shot.  This is how it works:
This kid shot a security guard days earlier and his pals knew it, they hid him from the cops.  The inner city, unparented products of the kanosian regime do not cooperate with the cops, they in fact meet the definition of a terrorist group.  

The liberal nuts, like Pelosi, have intentionally created huge ghettos of unparented inner city kids who hate whites and do not cooperate with society. And that makes Eric Holder, their racist protector, implicit in domestic terrorism.