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	<title>Comments on: Global Financial Crisis</title>
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	<pubDate>Mon, 23 Nov 2009 01:26:06 +0000</pubDate>
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		<title>By: ian</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112491</link>
		<dc:creator>ian</dc:creator>
		<pubDate>Fri, 10 Oct 2008 19:13:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112491</guid>
		<description>The thing is, these "pirates" don't know what they're doing any more.  Knowledge has become too complex for any one person to understand anything, we need to be able to rely on each other to be trustworthy sources of information.  As people are saying now, it's lack of trust that's bankrupting the system.  The usefulness of the "pirate" mentality &lt;a href="http://www.agoracosmopolitan.com/home/Frontpage/2008/01/02/02073.html" rel="nofollow"&gt;has come to an end&lt;/a&gt;.

See &lt;a href="http://www.edge.org/3rd_culture/taleb08/taleb08_index.html" rel="nofollow"&gt;Nassim Nicholas Taleb&lt;/a&gt; in regards to the misuse of complex financial instrument.  Or the &lt;a href="http://bits.blogs.nytimes.com/2008/09/18/how-wall-streets-quants-lied-to-their-computers/" rel="nofollow"&gt;New York Times&lt;/a&gt;.</description>
		<content:encoded><![CDATA[<p>The thing is, these &#8220;pirates&#8221; don&#8217;t know what they&#8217;re doing any more.  Knowledge has become too complex for any one person to understand anything, we need to be able to rely on each other to be trustworthy sources of information.  As people are saying now, it&#8217;s lack of trust that&#8217;s bankrupting the system.  The usefulness of the &#8220;pirate&#8221; mentality <a href="http://www.agoracosmopolitan.com/home/Frontpage/2008/01/02/02073.html" rel="nofollow">has come to an end</a>.</p>
<p>See <a href="http://www.edge.org/3rd_culture/taleb08/taleb08_index.html" rel="nofollow">Nassim Nicholas Taleb</a> in regards to the misuse of complex financial instrument.  Or the <a href="http://bits.blogs.nytimes.com/2008/09/18/how-wall-streets-quants-lied-to-their-computers/" rel="nofollow">New York Times</a>.</p>
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		<title>By: Ted</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112490</link>
		<dc:creator>Ted</dc:creator>
		<pubDate>Fri, 10 Oct 2008 16:52:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112490</guid>
		<description>One thing that is a trick of the way the human mind works, is that people that CAN connect the dots, encounter "fringe groups" like Skip's group, that confirm some things that you may have always suspected, but that he mainstream media, denies, and because of that, you initially give credence to a bunch of their other theories. 

But there is no "Technocracy" secret or otherwise. Scientists don't rule the world. I say "world" in the Jesus sense "Love not the World" etc.The world is and has been ruled by Pirates, not nerds. Scientists are nerds. Most of them work for the Pirates. There is a big communication gap in this chain of command that has developed over the last hundred years or so. Bucky wrote that this gap was so big that the Great pirates were rendered unable to be in control and had had died out. 

I don't think this is entirely true. 

But anyway a Pirate is a person willing to employ violence in order to gain wealth and Status. There are no shortage of people like this. But there are different levels of ability. Levels of organizational skill and more importantly levels of a head start different groups have had in playing the game. But if you under stand how a pimp or a Mafia Don operates, you understand how pirates on an international scale with the worlds largest economies and militaries behind them operate.  Its the same animal. 

Pirates operates on the basis of the five senses. To get to the top you need to be a "successful psychopath" smarter than the average bear, able to connect the dots, build protection rackets, employ organized violence. But psychopaths, lack the ability of introspection. And they can't percieve any underlying reality to the world beyond the five senses. They are not spiritual. They are nihilists. 

But the pirates figured out long ago to control the nerds and get them to work for them instead of in competition with them. They set up schools, to keep the brightest people studying inside a narrow field and not to stray outside the boundaries of their expertise. The pirates alone could see (and thus control) the big picture. 

The Universe is pretty big and stretches pretty far to the really really vast and to the infinitesimally small. So the nerds eventually studdied their way into the infinitesimally small so far that the pirates lost touch with them. 

Advanced chemistry and quantum physics has revealed a world, a Universe, structured much the way it had been described by ancient Hindu, Hebrew, etc. Seers and Mystics. 

Its not the Five sense perceptual world of Newtonian physics. 

So the Pirates should no longer BE ABLE TO control the scientists, but they still pretty much do. Because most scientists aren't really that brilliant and don't have much of a backbone or a desire to buck the status quo. Even ones that study fields like quantum physics that has the potentaial to really unite science and spirituality are still married for whatever reason to a materialistic worldview. 

At the same time that Republican Administrations have been defunding Universities, Corporations have been funding them and turning them into wings of their own corporations. Phds are bought and sold and working for all the big pirate ruled corporations before they graduate. 

So the pirates are smart and powerful, but not all that smart. They still think like pimps and mafia dons, which is basically what they are. And the smart people are willing to go along with their system in exchange for security and being free from the burden of sticking their neck out and bucking the system. 

But the whole purpose of the system is for a bunch of pirates to act like pirates. That bit about the plus AIG exec retreat tells the whole story. 

Its a system that can't last forever. The recent financial crisis is just a variation on a theme. Nerds creating complex financial instruments to serve the pirates. The pirates don't really understand them, the public can't understand them. The nerds could create instruments that benefiet society as a whole but they don't. They create things  for the pirates. The pirates are insane so obviously this system  can't last and it  makes a big mess of the World.</description>
		<content:encoded><![CDATA[<p>One thing that is a trick of the way the human mind works, is that people that CAN connect the dots, encounter &#8220;fringe groups&#8221; like Skip&#8217;s group, that confirm some things that you may have always suspected, but that he mainstream media, denies, and because of that, you initially give credence to a bunch of their other theories. </p>
<p>But there is no &#8220;Technocracy&#8221; secret or otherwise. Scientists don&#8217;t rule the world. I say &#8220;world&#8221; in the Jesus sense &#8220;Love not the World&#8221; etc.The world is and has been ruled by Pirates, not nerds. Scientists are nerds. Most of them work for the Pirates. There is a big communication gap in this chain of command that has developed over the last hundred years or so. Bucky wrote that this gap was so big that the Great pirates were rendered unable to be in control and had had died out. </p>
<p>I don&#8217;t think this is entirely true. </p>
<p>But anyway a Pirate is a person willing to employ violence in order to gain wealth and Status. There are no shortage of people like this. But there are different levels of ability. Levels of organizational skill and more importantly levels of a head start different groups have had in playing the game. But if you under stand how a pimp or a Mafia Don operates, you understand how pirates on an international scale with the worlds largest economies and militaries behind them operate.  Its the same animal. </p>
<p>Pirates operates on the basis of the five senses. To get to the top you need to be a &#8220;successful psychopath&#8221; smarter than the average bear, able to connect the dots, build protection rackets, employ organized violence. But psychopaths, lack the ability of introspection. And they can&#8217;t percieve any underlying reality to the world beyond the five senses. They are not spiritual. They are nihilists. </p>
<p>But the pirates figured out long ago to control the nerds and get them to work for them instead of in competition with them. They set up schools, to keep the brightest people studying inside a narrow field and not to stray outside the boundaries of their expertise. The pirates alone could see (and thus control) the big picture. </p>
<p>The Universe is pretty big and stretches pretty far to the really really vast and to the infinitesimally small. So the nerds eventually studdied their way into the infinitesimally small so far that the pirates lost touch with them. </p>
<p>Advanced chemistry and quantum physics has revealed a world, a Universe, structured much the way it had been described by ancient Hindu, Hebrew, etc. Seers and Mystics. </p>
<p>Its not the Five sense perceptual world of Newtonian physics. </p>
<p>So the Pirates should no longer BE ABLE TO control the scientists, but they still pretty much do. Because most scientists aren&#8217;t really that brilliant and don&#8217;t have much of a backbone or a desire to buck the status quo. Even ones that study fields like quantum physics that has the potentaial to really unite science and spirituality are still married for whatever reason to a materialistic worldview. </p>
<p>At the same time that Republican Administrations have been defunding Universities, Corporations have been funding them and turning them into wings of their own corporations. Phds are bought and sold and working for all the big pirate ruled corporations before they graduate. </p>
<p>So the pirates are smart and powerful, but not all that smart. They still think like pimps and mafia dons, which is basically what they are. And the smart people are willing to go along with their system in exchange for security and being free from the burden of sticking their neck out and bucking the system. </p>
<p>But the whole purpose of the system is for a bunch of pirates to act like pirates. That bit about the plus AIG exec retreat tells the whole story. </p>
<p>Its a system that can&#8217;t last forever. The recent financial crisis is just a variation on a theme. Nerds creating complex financial instruments to serve the pirates. The pirates don&#8217;t really understand them, the public can&#8217;t understand them. The nerds could create instruments that benefiet society as a whole but they don&#8217;t. They create things  for the pirates. The pirates are insane so obviously this system  can&#8217;t last and it  makes a big mess of the World.</p>
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		<title>By: Ted</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112489</link>
		<dc:creator>Ted</dc:creator>
		<pubDate>Fri, 10 Oct 2008 14:41:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112489</guid>
		<description>But basically, the World has been ruled by pirates. The ones that worked their way to the top of the food chain.</description>
		<content:encoded><![CDATA[<p>But basically, the World has been ruled by pirates. The ones that worked their way to the top of the food chain.</p>
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		<title>By: Ted</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112488</link>
		<dc:creator>Ted</dc:creator>
		<pubDate>Fri, 10 Oct 2008 14:41:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112488</guid>
		<description>Some people seem prescient because they can recognize structures others can't. They can see trends. Pattern recognition. Its how IQ is measured. Buckminster Fuller is a good example. A designer. 

Also most propaganda is designed to hide these structures from the public. So you can't just buy the mainstream view you kind of have to come up with your own theories to describe these structures.  For example Bucky's "Great Pirate" Theory of history. 

Some stuff seems like "conspiracy whacko" stuff when its just people connecting the dots.</description>
		<content:encoded><![CDATA[<p>Some people seem prescient because they can recognize structures others can&#8217;t. They can see trends. Pattern recognition. Its how IQ is measured. Buckminster Fuller is a good example. A designer. </p>
<p>Also most propaganda is designed to hide these structures from the public. So you can&#8217;t just buy the mainstream view you kind of have to come up with your own theories to describe these structures.  For example Bucky&#8217;s &#8220;Great Pirate&#8221; Theory of history. </p>
<p>Some stuff seems like &#8220;conspiracy whacko&#8221; stuff when its just people connecting the dots.</p>
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		<title>By: Skip Sievert</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112450</link>
		<dc:creator>Skip Sievert</dc:creator>
		<pubDate>Thu, 09 Oct 2008 01:52:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112450</guid>
		<description>A main author of the Technocracy Study Course... is what I meant to say above.</description>
		<content:encoded><![CDATA[<p>A main author of the Technocracy Study Course&#8230; is what I meant to say above.</p>
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		<title>By: Skip Sievert</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112448</link>
		<dc:creator>Skip Sievert</dc:creator>
		<pubDate>Thu, 09 Oct 2008 01:39:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112448</guid>
		<description>http://technocracy-technate.blogspot.com/

Our political Price System is an antique and barbaric system. Technology destroys purchasing power, by energy conversion, mechanization... making jobs, or so called ''work'' more of a social control mechanism, than something important. 

Tim... M. King Hubbert 
'''and one of their goons was basically responsible for â€œPeak Oilâ€ as a concept, Hubbertâ€™s Peak, I believe itâ€™s also called after him. '''

M. King Hubbert was... and probably is still, one of the most famous Geo-scientists produced by America. He also was one of several main writers of the ... in which the technate design plan is presented. 

That plan is and was always secular and humanitarian based. It precludes any sort of special interest groups from controlling citizens with so called morality ... ethics.. aesthetics etc.  It uses energy accounting and not money.</description>
		<content:encoded><![CDATA[<p><a href="http://technocracy-technate.blogspot.com/" rel="nofollow"></a><a href='http://technocracy-technate.blogspot.com/'>http://technocracy-technate.blogspot.com/</a></p>
<p>Our political Price System is an antique and barbaric system. Technology destroys purchasing power, by energy conversion, mechanization&#8230; making jobs, or so called &#8221;work&#8221; more of a social control mechanism, than something important. </p>
<p>Tim&#8230; M. King Hubbert<br />
&#8221;&#8217;and one of their goons was basically responsible for â€œPeak Oilâ€ as a concept, Hubbertâ€™s Peak, I believe itâ€™s also called after him. &#8221;&#8217;</p>
<p>M. King Hubbert was&#8230; and probably is still, one of the most famous Geo-scientists produced by America. He also was one of several main writers of the &#8230; in which the technate design plan is presented. </p>
<p>That plan is and was always secular and humanitarian based. It precludes any sort of special interest groups from controlling citizens with so called morality &#8230; ethics.. aesthetics etc.  It uses energy accounting and not money.</p>
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		<title>By: Big Elk</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112438</link>
		<dc:creator>Big Elk</dc:creator>
		<pubDate>Wed, 08 Oct 2008 22:44:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112438</guid>
		<description>PS. After interacting online with many different people who claimed to represent the "true" Technocracy movement, I have to officially say that I don't trust any of it.</description>
		<content:encoded><![CDATA[<p>PS. After interacting online with many different people who claimed to represent the &#8220;true&#8221; Technocracy movement, I have to officially say that I don&#8217;t trust any of it.</p>
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		<title>By: Jonathan</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112436</link>
		<dc:creator>Jonathan</dc:creator>
		<pubDate>Wed, 08 Oct 2008 18:30:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112436</guid>
		<description>Short answer: the Technocracy people were that prescient. As was Buckminster Fuller. As were many people. If you haven't had a chance, read the "Leagally Piggily" chapter in Fuller's Critical Path. He documents financial shenanigans from the Depression onward. Though the book was written in the late 70s, he advocated using design science to alleviate global problems from the 30s on. 

Another good book to read (unfortunately you are not likely to find it in a library) is the self-published Creature from Jekyll Island. This book is about the history of money and specifically the creation of the Federal Reserve. While I don't agree with the author's conclusions or political stance the book remains an excellent, accessible introduction to monetary policy and the influence it has had throughout history. 

I read Critical Path, Creature and Green Capital in the summer of 2001 and together the books made a profound impact on my understanding of history and current events. They are all worth checking out! Enjoy . . .</description>
		<content:encoded><![CDATA[<p>Short answer: the Technocracy people were that prescient. As was Buckminster Fuller. As were many people. If you haven&#8217;t had a chance, read the &#8220;Leagally Piggily&#8221; chapter in Fuller&#8217;s Critical Path. He documents financial shenanigans from the Depression onward. Though the book was written in the late 70s, he advocated using design science to alleviate global problems from the 30s on. </p>
<p>Another good book to read (unfortunately you are not likely to find it in a library) is the self-published Creature from Jekyll Island. This book is about the history of money and specifically the creation of the Federal Reserve. While I don&#8217;t agree with the author&#8217;s conclusions or political stance the book remains an excellent, accessible introduction to monetary policy and the influence it has had throughout history. </p>
<p>I read Critical Path, Creature and Green Capital in the summer of 2001 and together the books made a profound impact on my understanding of history and current events. They are all worth checking out! Enjoy . . .</p>
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		<title>By: ian</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112435</link>
		<dc:creator>ian</dc:creator>
		<pubDate>Wed, 08 Oct 2008 16:06:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112435</guid>
		<description>It's some bullshit, that's for sure.  Did you hear about how that Dick Fuld guy at Lehman Brothers &lt;a href="http://www.clusterstock.com/2008/10/dick-fuld-ko-d" rel="nofollow"&gt;got punched in the face &lt;/a&gt;at the company gym after Lehman annouced they were going bankrupt?

Also of note, in regards to economic crisis + ecological crisis, &lt;a href="http://www.firstshowing.net/2008/10/08/monaghan-and-rodriguez-headed-to-the-future-in-fortuna/" rel="nofollow"&gt;a new movie&lt;/a&gt;.  It's Zardoz without the impotence!  =)</description>
		<content:encoded><![CDATA[<p>It&#8217;s some bullshit, that&#8217;s for sure.  Did you hear about how that Dick Fuld guy at Lehman Brothers <a href="http://www.clusterstock.com/2008/10/dick-fuld-ko-d" rel="nofollow">got punched in the face </a>at the company gym after Lehman annouced they were going bankrupt?</p>
<p>Also of note, in regards to economic crisis + ecological crisis, <a href="http://www.firstshowing.net/2008/10/08/monaghan-and-rodriguez-headed-to-the-future-in-fortuna/" rel="nofollow">a new movie</a>.  It&#8217;s Zardoz without the impotence!  =)</p>
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		<title>By: Big Elk</title>
		<link>http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/comment-page-1/#comment-112427</link>
		<dc:creator>Big Elk</dc:creator>
		<pubDate>Tue, 07 Oct 2008 23:52:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.timboucher.com/journal/2008/10/07/global-financial-crisis/#comment-112427</guid>
		<description>I mean, how seriously can you take your own miniscule credit card debt when shit like this is going on in the world:

http://www.nytimes.com/2008/10/08/business/economy/08insure.html

&lt;blockquote&gt;"A week after the insurance giant, the American International Group, received an $85 billion federal bailout, executives at its life insurance subsidiary, AIG General, held a weeklong retreat at the exclusive St. Regis Resort in Monarch Beach, Calif. Expenses for the week, lawmakers were told, totaled $442,000, including $200,000 for hotel rooms, $150,000 for food and $23,000 in spa charges.

In addition, the former A.I.G. executive who led the London-based division whose implosion is largely blamed for the insurance giant's downfall, Joseph J. Cassano, continues to receive $1 million a month from the company, on top of the $280 million he received in the last eight years."&lt;/blockquote&gt;</description>
		<content:encoded><![CDATA[<p>I mean, how seriously can you take your own miniscule credit card debt when shit like this is going on in the world:</p>
<p><a href="http://www.nytimes.com/2008/10/08/business/economy/08insure.html" rel="nofollow"></a><a href='http://www.nytimes.com/2008/10/08/business/economy/08insure.html'>http://www.nytimes.com/2008/10/08/business/economy/08insure.html</a></p>
<blockquote><p>&#8220;A week after the insurance giant, the American International Group, received an $85 billion federal bailout, executives at its life insurance subsidiary, AIG General, held a weeklong retreat at the exclusive St. Regis Resort in Monarch Beach, Calif. Expenses for the week, lawmakers were told, totaled $442,000, including $200,000 for hotel rooms, $150,000 for food and $23,000 in spa charges.</p>
<p>In addition, the former A.I.G. executive who led the London-based division whose implosion is largely blamed for the insurance giant&#8217;s downfall, Joseph J. Cassano, continues to receive $1 million a month from the company, on top of the $280 million he received in the last eight years.&#8221;</p></blockquote>
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