[LaurieAG]

Hi Maikeru,

maikeru said:

I suspect that all our man-made systems are more like "shadows" that mimic natural systems, but have less of the stability, full utilization and capacity, efficiency, natural design, or grace that natural ones do. We must make do with imitations. We can always more closely approach, but never realize the ideal. Realizing this, I believe boom, bust, collapse, and failures as well as successes will be more frequent and, indeed, are inevitable, due to our shortcomings.

As Shakespeare put it, "Lord, what fools these mortals be!"

I don't know how 'natural', the 'natural' systems are but I can say that both 'systems' give you the same results when you have both observation errors and heaps of spin involved.

I have discussed on these forums, many times, that the only way ahead to a clear view of our place in the universe is that we must reduce our observation errors and remove spin entirely from the equation. The same stands for our global system of laissez faire, non accountable, even in their own backyards, government.

The really funny thing is that both problems revolve around a point, a discrete observation point to be precise. At an infinitessimal scale the observation errors between an observer making an observation at a point, and another observer travelling at a relative velocity through that same observation point at the same time reduces to delta x and to zero as delta x approaches zero. That's the difference between spun perception and reality.

[Michaelangelica]

Worth a read
i never realised the Fed was a private bank> must be the only one of its kind in the world that is private.

http://www.smh.com.a...1202-1ob7h.html

$US13 billion in funds to US banks without disclosing it to Congress.

Bear in mind the Fed, unlike other reserve banks, is owned by private banks. Wall Street if you like. The Fed and the big banks fought for more than two years to keep details of the largest bailout in US history a secret.



The Fed didn't tell anyone which banks were in trouble so deep they required a combined $US1.2 trillion on December 5, 2008, their single neediest day.

The abuses are legion, well worth a read. Morgan Stanley, for instance, took $US107 billion in Fed loans in September 2008, "enough to pay off one-tenth of the country's delinquent mortgages" while it was telling everybody it was healthy. That was before TARP.



Read more: http://www.smh.com.a...l#ixzz1fXltdeiC

Read more: http://www.smh.com.a...l#ixzz1fXll43ts

[Michaelangelica]

Iceland forgives mortgage debt of its population

Quote

The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the population and to put politicians and bankers on the bench of the accused three years after their financial excesses would sank one of the most prosperous economies in 2008. teleSUR

A better way to go than bailing out banks?
More here
http://www.businessi...s-europe-2012-4

This post has been edited by Michaelangelica: 13 April 2012 - 10:12 PM