#IMPORTANT Message to Paul #Krugman et al, The Short History of Exponentials

Adam Smith's  Big Issue: Immigration or Feetprints?   

This is firstly a response to a global thread amoung academic, business , and professional colleagues regarding the economics, politics and social implications and issues pertaining to immigration policy. In the end, such policies are not the issue and they will do little  to move our specie's predicament forward in any way. Here's why. 

Thanks Steve, Tim and Frosty, 

In the end, I believe we have to tread softly with the issues surrounding immigration as it can first become a powerful beacon for rhetoric and emotional frustrations. Second, it can distract us from what one may call the essential primary issue and diagnosis - that is the reduction of the per capita footprint, and particularly the imbalanced  relative metric of Western cultures. From this, one could view that the critical task at hand is to reduce the total aggregate "feetprints"  created by all cultures with the greatest reduction focus being placed on a the highest marginal feetprint producers or cost centres to the planet's  real wealth. Otherwise, we return back to all he word games that have so long hindered any progress or resolution to the most salient issue our species face of reducing the cost and exploitation of the planet's real wealth  through aggregate human activity. 

Defining Non-Negotiable  Limits and Contraints?

Yet let us not forget how difficult a task it is for Western society to substantially address this issue. Could Western nations face a 50% reduction in GDP over a two year period and preserve the societies and structures they have built? Not likely - and the implications of such a profound event would at best be political  upheaval that could lead anywhere.

Think of this in personal terms too, because a 50% GDP reduction means that all of us would have to takes a cut in pay proportionate with the lower GDP levels, while our individual outlays may not  change or even  possibly increase. How many are prepared or could realistically adjust to this under short notice? My guess is very few in the larger population, albeit  some of us perhaps have already taken personal steps to get through an economic collapse. If not, it is probably worth a little effort to set out a few back -up plans even though there is no way to  predict how events and realities will enfold. That's a little economic advice. 

Anyway folks, that's  the view I have looking of managing  economically the " The Wealth of Planets",  as opposed to Adam Smith's misguided and conceptually and existentially  bankrupt "Wealth of Nation " theorems  taught  by all our  top business and economic schools around the world since the dawn of the so-called industrial revolution. Millions are indoctrinated into believing in its myths; like "the invisible hand"   whose myopic existence depends on whether you still believe in Santa, Tooth Fairies, Wizards  and similar fictional and archaic relics.

What Progress?

By the way, I hope not to offend anyone here,  but as a matter of interest, Adam Smith  was by professions (plural intended) a lawyer, academic,  philosopher,  and noted teacher of rhetoric. This combination of the dark crafty linguistic arts; in itself, speaks volumes, but the absence of science and mathematics assures swift debunking and execution. In other words, it is all poppycock!

Now Mr Krugman et al, look at the mess we're in....

Cheers

T.A. McNeil

First Financial Insights

CEO and Founder

June 23, 2014 

PS: Any thoughts and resharing appreciated. "Just telling it like it is"  -  H. Cosell 

The Wealth of Planets: The Short History of Exponential Feetprints

Spooky stuff...

#Chomsky Hegemony or Survival: Beyond #American Interests

Hegemony or Survival: How's About - Who's Zooming Whom?

Noam Chomsky is right about one thing: "Question Everything"


By T A McNeil

To start, the global hegemonists are not the American elite per se, but a loosely knitted group around the planet that control various forms of government , theologies, institutions and combinations thereof. They care little for the ideology under which they operate as they are essentially a conceptual power tool(s) used to suppress and control the masses. That's why when the Animal Farm changes its colours, stripes or flag;  nothing really ever changes. Right now, the US is acting as the global police force for this group; not by choice of the American people, but by the shifting historical powers within the elite global hegemony.

What I find both fascinating and disturbing is that Chomsky rarely makes reference to these inter-connected oligarchs or Masters of Earth , but rather sees the hegemony as the US alone. I believe this to be a distraction, or possibly at worst, a deliberate fabrication, as the preponderance of evidence indicates that a "Cyber-Hegemony" exists with little regard for sovereignty, theology, or any other forms of conjured  ideology.

It is an entity onto to its own, empty of any human virtue, concept or loyalty; having only one interest in mind and purpose - "It's Self-Interest". And in this effort through its clever use of various conceptual, physical and communication devices it has fooled  nearly everyone on the planet - perhaps even our good friend from MIT himself .

Imagine that!

So why do I think that Chomsky may possible be part of the " The Big Lie," inadvertently or otherwise? Watch this video, and there is  little indication that he is taking into account the vast number of hard issues being imposed by the planetary resource constraints, climate chaos, imminent financial collapse and overpopulation. There is an attitude of "business as usual," particularly with comments surrounding  "Saudi America" that are shocking and unbelievably misguided, in so many ways.

Even if it were true - So What? When the rest of planet has little or no oil -  do you think that doesn't have implications? For one, there are still thousand of nuclear weapons all over the world. The collective royal "WE" will have a huge problem. Who's zooming whom?

In the end words may only take us so far. And linguistics alone cannot provide the deeper integrated thinking and scientific models needed to overcome the complexities of our species. Care must be taken regarding the professing of celebrities; even those of the academic ilk. For as they too: may at times, step beyond the reach of their field of study. However, this by no means should discount the great value of their wisdom or teachings in the subjects they know so well - IMO.

Ironically, as Noam says, "Question Everything"

First Financial Insights

June 15, 2014 

Truth, Distraction, Naivete Or Utter Fabrication? 

 

That's for you to decide!!!