TimingLogic's Blog

Reasoned, Relevant And Often Contrarian Commentary On Economics

TimingLogic

TimingLogic
Birthday
October 24
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I'm an electrical engineer and mathematician by training. My career has spanned diverse areas of expertise from being part of a team which designed the world's most powerful computers to corporate consulting around business transformation and information-based solutions to being a corporate sales and marketing executive in the information technology and business consulting space. I’ve led teams responsible for innovative and transformative solutions and been part of teams that helped set strategy for many of America's greatest companies. Two of my interests are econometrics, democratic finance and quantitative - qualitative analysis. Over the years I have developed risk-based models and trading systems meant to identify significant investment opportunities and periods of extreme risk. My blog is an outlet for another of my passions, writing. I generally consider myself a contrarian. Therefore, many of my rantings are meant to encourage people to question what they believe to be true. Terms of Use & Disclaimer: First off, I don't take anything on here too seriously and you shouldn't either. These are simply sardonic rantings of Bill, my alter ego, often meant to agitate for peaceful & nonviolent reform. This web site reflects the views of its authors. It is unaffiliated with any NASD broker/dealer. Statements on this site do not represent the views or policies of anyone other than its authors. The information on this site is provided for discussion purposes, comedic relief and entertainment only and are not investing recommendations. The authors may have positions in securities mentioned herein. Under no circumstances does this information represent a recommendation to buy or sell securities. While information discussed on this site was gathered from what are believed to be reliable sources, in no way is informational accuracy guaranteed. All information on this site may contain errors and omissions. Trading and investing involves high levels of risk. Always consult a licensed financial advisor or broker before making any and all investment decisions. Authors of this site and any sites which are fed by said site, including Open Salon and others, will assume no responsibility for the actions of the reader and user. Readers and users agree, as condition to accessing this site, to release and hold harmless this site's authors from all liability in connection with this site or any views posted on this site. All readers and users of this site agree that use of this site requires acceptance to the current Terms Of Use & Disclaimer and that current terms include any and all use and material from site inception. If you do not understand these statements in their entirety or do not agree to be bound by this current agreement, you must immediately discontinue use of this site. This Terms Of Use & Disclaimer may change at any time and it is the reader's and user's responsibility to review, understand and abide by any updates.

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MAY 9, 2012 9:20AM

The Documentary Inside Job Is On Vimeo

Rate: 1 Flag

Since the documentary Inside Job  has been up for a year on Vimeo, I’m assuming copyright has been cleared.  But, as always, do your own diligence.  I take no legal responsibility for Vimeo’s content management or copyright policies.   

I have talked about a handful of documentaries on here.  Inside Job is one of them.  It is a must watch.  It is excellent at exposing the systemic culture of fraud and incompetence in Europe and the U.S. 

It’s been a few years since I watched Inside Job but one thing I noticed is the high standard of living for all citizens in Iceland.  I believe they even talk about free college education, national health care, etc.   Well, if not, they have it and more.  It is a culture of self-rule that embraces dignity for their citizens.   In fact, in my travels, I have found that every democracy in the civilized world has a standard of living higher than the U.S.  In some ways, this crisis and all of the outcomes we see around the world are some attempt to export American and British economic and social values to the rest of the world.  Or, for politicians in other countries to import American and British economic and social values.  You pick.  There is plenty of political fraud outside of the U.S.  But American economic hegemony that allows this dynamic to take place is obviously accomplished primarily through the dollar; the world’s reserve currency.  For now. 

I have seen a few prominent examples of propaganda recently that the decline in the U.S. is a myth.  Or that we have seen a full fledged recovery.  Well, compare Iceland with what were once reasonably wealthy neighborhoods as far as the eye could see in the U.S.   Over the last thirty years we have witnessed ever-growing decay in our centers of industry.  Now, drive through Detroit or Cleveland, as examples, and you’ll drive for miles and miles and see neighborhoods that look like war zones.   That is repeated tens and tens and tens of thousands of times in communities across this nation where there are hundreds and hundreds of thousands of now empty factories and business complexes. 

There is no decline in American ingenuity, industriousness or creativity.  But the decline is indeed real.  It’s in the decline of the political class and the corporate class.  It is the cesspool of corruption that defines our politics and corporations who work together to exploit our society for their own personal looting.   

I thought I would include this comparative to Iceland and the U.S. as an introduction to my next post. 

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I am sure it’s a great documentary but I no longer have the stomach for an hour and forty-five minutes