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Saturday, October 6, 2018

bankers valhalla


BANKERS VALHALLA
Okay, I might be off slightly on the finer points of Viking Valhalla, but don’t you get to fight, drink and fornicate all day long?  I get if you are killed that day you don’t get to party with mead and bosomy wenches but must wait until the next day.  That seems fair, right?  So, what does Bankers Valhalla look like?  Warriors are rewarded for dying righteously in battle, so Lucifer must reward greedy slimy banker scum for screwing over everybody, right?  Besides popes and kings, who does more to spread the pain than bankers?  The Dark Ones work, indeed.
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I imagine that there are meetings all day long where everyone battles with their wits, outdoing each other designing derivatives instruments of such complexities that the super computer that won Jeopardy would crap a silicon wafer and expire in a cloud of ozone.  Then, they would get to party with hookers and blow.  And then wake up the next day none the worse for wear, no brain damage from malt scotch and cocaine so that they could propose even more complex mathematical models.  Oh, and no VD from the prostitutes.  That’s fair, also.  Viking warriors do what they love, killing and looting.  And bankers do what they love, leaving an evil slime trail for the dirt people to lick and choke on.
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Yes, I’ll admit to a certain degree of jealousy.  I’m just not sure if it is the fighters or the humpers ( kidding! ).  But, seriously, let us marvel in the awesomeness of being a banker.  I don’t know if they rule the world from secret smoke filled rooms or are just opportunists, although I have my sneaking suspicions on that.  But either way you must acknowledge the effectiveness of their actions.  Let’s visit the California Bay Area where all these high tech firms which rule the stock market reside ( or the sister city Seattle where the other two are-I imagine conditions are rather similar ). 
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Remember the not so great James Bond film? That skinny ass Black gal ( Grace Jones? ) that was so painful on the eyes only a completely flaming gay casting director who was into bondage could have approved of.  Terrible flick, except it had Christopher Walken in it and it was slightly nostalgic ( and really, as much as I used to love Bond, it is hard to go back and watch any of them, even the best.  I grew up watching all of them on the big screen and TV viewing just doesn’t cut it for me ) for my favorite decade of poofy hair and a government not yet so damn uptight.  I actually liked the whole premise of the computer chip factories being threatened.  It was unique.  And it is amazing to think how not so long ago we were still analog focused, even in our digital. 
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Silicon Valley used to actually make important physical products!  Now what do they do? Design Digital Dildos.  How do we screw over our customers, at the speed of computers?  Did you know Netflix is still losing at least a billion a year?  They rake in ten billion, then spend that all on original programming, and borrow their operating expenses.  They lose money to kill other studios and skew other related markets ( DVD’s, for instance ).  We all know how Amazon loses money to kill off retail, just like Wally killed off all the mom & pops.  Microsoft ( who I’ll have more unflattering things to say about as I just lost my writing computer to their software ) makes profits spying on its customers for the NSA.
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But let’s not lose our focus.  Why do the banks loan all these companies money?  Look at Silicon Valley.  And every reasonable distance suburb surrounding them.  Money coming into the area from the bankers jacks up the real estate prices to nose bleed levels.  That is a butt ton of mortgages with interest.  These aren’t crappy $200k fixer-uppers.  They are $800k houses that were built fifty years ago for a couple of grand, had their costs paid off in a few years and have been pure profit ever since, selling over and over again. 
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I think I recall the figure of the average house selling every seven years ( but don’t quote me on that ).  Every flip it goes up in price ( or interest goes up, or both ).  How much does the banker get in several decades?  A house that started at five grand and doubled each time, seven times over fifty years, brought in something like 300 times the original price.  Before interest.  Now, if you make sure that you push your whores in the state government to allow unfettered immigration, you fill up a lot of areas with Other Colors.  Push for drug control so that crime is insane and the Valley workers outbid each other for the few safe housing areas left.
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Now add in more highways and schools the government must borrow for.  Help out the state workers with strong Unions so the pay goes up and bankrupts the pension, so the state borrows even more.  You are going to finance more cars and gas stations and shopping malls as folks are forced to move out to where crime and taxes and housing are still crippling but at least manageable.  All this, from a few bribes to politicians ( with the bribes being legal for you, the banker ) and by funding a few money losing tech firms.  You have captured a quarter of the economy of one of the financially biggest states for a billion or two a year.  The return must be hundreds of billions if not more.
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I find it amazing how JP Morgan can leverage silver up to a thousand times ( and you thought Wells Fargo at 200 to 1 exposure in 2007 was bad ) to control its pricing market, and yet look at the profits in Silicon Valley alone.  This is our economy, bankers Valhalla.
( .Y. )
( today's related link https://amzn.to/2xUEFzR )
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note: free book. Sorry, no PA books available today, but I ran across this one that looks so bizarre you sick bastards might like it.  Horror https://amzn.to/2ysYz4D .
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31 comments:

  1. Lol, you tickled me today. What you described is why I live on the opposite end of the scale. I don't want financing. What my butt earns is what I get.

    I am so sick and tired of the finance to get rich bullspit. A child can see past that, but grown adults can't. But books that tell you how to prostitute herself to the bank out sell books like yours and mine that tell you how to live on what we got.

    My Dad grew up in the depression era and he always claimed there was another one coming. This time no one knows how to be poor.

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    1. Perhaps one of us should write a book on how to actually prostitute yourself-marry, procreate, divorce. Not that females need an instruction guide for something hardwired, but as a warning, lampoon, commentary for males.

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    2. How To Be Truly Screwed sounds like a good working title

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    3. If you do write that book, be sure to include a chapter on four marital sex locations (not positions, there are plenty of books written on those):

      Phase 1: Kitchen sex
      During the early stage of marriage you two are so into it that you won’t wait to get to the bedroom - you’ll just do it on the kitchen floor when the urge hits you both.

      Phase 2: Bedroom sex
      As the years go by and other responsibilities of life add up sex takes place (at increasingly infrequent intervals) in the bedroom.

      Phase 3: Hallway sex:
      Over time, as all of your shortcomings (real and imagined) add up in her mind, the only sex you get is when she passes you in the hallway and mutters, “Screw you…”

      Phase 4: Courtroom sex
      The final phase culminates when she and her lawyer rape you in court while the judge looks on and nods in approval.

      (Based on the experience of most American men I know, YMMV.)

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    4. I don't think too many men have varying mileage. And dammit, I've only had phase one sex in one relationship. I feel cheated.

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  2. Careful Jim. All that free wheeling thinking will be leaked to the rubes. If more of the average working stiffs caught on to the sham system, then they would clamour for justice (in today's victim mentality society) and want to go full on communist or commune type living for the "sense or perceived" faireness. This endevour, eventually by human nature, is enevitable to just become another "Animal Farm".

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    1. Don't we already have an Animal Farm? The Other Colors, females, rectal rangers are more equal than others.

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    2. Ha, saturday morning cartoons funny. Rectal Rangers. That's the sister branch of service to the Ass Commandos unit. If it wasn't all humorous it would become even more depressing quicklike.

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    3. Without Looney Tunes and Boo Berry cereal to distract us, what else are we going to do :)

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  3. I haven’t watched any of the newer releases from the James Bond franchise, but was informed that the PC police have already thoroughly ruined them. Apparently, long gone is Bond’s heavy womanizing (He’d be #metoo’ed to death in today’s world) and the character has been sanitized in this regard. Then there are the rumors of a future Bond being a woman or a black dude. Yeah, go ahead and try that one SJW idiots, and watch it belly flop harder than Rosie O’Dumbbell in a gelatin filled pool :D

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    1. My uninformed take on the new character is that he is just a brooding asshole that would rather drink, feel morose and eventually eat a bullet than to blow off steam banging a skirt, but I could be off. Now I'm off to watch the last of the new ( for Netflix ) season of Walking Dead where all dem bitches be crazy strong and fearless and brave and save da men folk :)

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    2. watched season 8 walking dead on Netflix. just a thought , they were all crying over being short on ammo , but every battle was full auto . so they were blowing thru rounds with very little effect and wondering why they were short on ammo . I prefer a stout lever action like Henry and the detachable box magazine . its almost as good as a bolt action . although if its zombies 10/22 with 25 round ruger mag is a damn fine choice . never had a ftf with it actually , which is weird . well did have ftf with snake shot 22 ammo but it is just to low powered to cycle properly

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    3. Ha! I JUST wrote on that, yesterday in fact. Great minds, eh? Mainly I focused on how Carl was the biggest douche bag in a whole bag of whiny morons and I was so glad he was dead. Finally. Also, I think this season was where they jump the shark.

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  4. Don't get me started on Silicon Valley... Lived here all my life, though as a kid is was predominately orchards and vineyards in my 'hood. Now its an overcrowded sewer and Im planning/prepping for my escape. My folks bought a house in 1972 for $32k, now houses in the area start at $1.2 million for a tear-down. It's f'n criminal. Everyone I know has moved out of the area cuz weve all been priced out, except for renting suckers like me...

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    1. Okay, I knew it was bad. I didn't realize it was over a million for a burnt out crackhouse. Hey, better late than never fleeing Cali. I've heard really, REALLY bad things about Nevada. Move anywhere but Nevada. They don't have the droids you want. Move along.

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    2. Skip Las Vegas, as it has rebounded mostly from housing collapse and will from here forward quickly surpass California stupid, in many regards. (Traffic, crowds, crime, housing prices, diversity issues) it's bad now as is, but will explode stupid sized. Once the Raiders losers felons team plays here it will bust out full on gangster ghetto in your ass, Yo! Best option location is cold and ice belt along northern tier states or high elevations. Some areas are expensive, but get away from PEOPLE!

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    3. I can't see the stock market bubble NOT collapsing unless interest rates decrease ( and more QE ). Any place doing okay now is at the top of the roller coaster about to plunge down. Again.

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    4. No offence intended jl but please don't vote wherever you escape to.

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    5. I live about 60 miles north of Denver (not far enough for my own comfort but soon to be greater, Lord willing and the creek don't rise) and the housing market there looks to be taking that downward turn as well: https://www.denverpost.com/2018/10/03/denver-housing-market-goes-cold/

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    6. 4:03-unless JL moves to a place where all the computer votes are hacked. Not sure if that is every place or not. I think the fed level is, but I'm not sure of the state/local. Probably.
      6:17-I can't help but feel the interest rate hike was intentional. I'm not sure of the play. Overseas markets? Desperation as their derivatives are overexposed? Seems bizarre as no one can pay higher interest as they are buried in debt. Gov's and business included, not just mortgage holders who bought at the bubble top.

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    7. I respectfully disagree James, migrants, refugees etc bring with them a little of what they claim to be fleeing.

      Vote rigging only works when the vote is close. It can only move the needle a few points otherwise it's obvious.

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    8. The hanging chads weren't obvious? The power outage in Vegas the last few hours of the Obammy vote? I'm not discounting what you are saying. I see your point. I just wonder if we are not seeing much more to the concept.

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  5. Yep, Banksters at the top tier will just use off shore funds and deeply hidden cash, gold to buy anything that increases control or power at fire sale prices as things collapse. The numbers bantered about concerning economy, employment, trade, stock prices, etc. Are very doctored and nearly outright lies. (Misquotes and misspoke) My ninety million or so friends also not in the workforce (not participating in stupidity, or sitting out in protest) will just await the other shoe to drop. Kinda wish the collapse and cannibalism would start already, jeez. Kinda boring until then.

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  6. re:
    "...state workers..."

    I notice I have a charge around the combining of those two words. They just don't seem to belong together.

    For full disclosure, I am fine with the terms 'bureaucrats', 'bumblebrats', and 'those people'.

    PS:
    Fine with the terms. Not so fine with the people... aka bumblebrats.

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    1. If it wasn't for state workers, how would we employ Diversity Hires? :)

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    2. A bit like "civil servant" - a contradiction if there ever was one.

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    3. Hey now that's getting personal. I realize those two words used together might seem to be an oxymoron. You should know there were exceptions to that rule...
      Just cuz as an MP ya got thrown in with the grunts...there were good reasons my branch was always in a separate compound. Isolated from the heathen's ha ha.

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    4. To be perfectly honest I only ever had good experiences with personnel from MI. One was one smart MF who turned me on to Ayn Rand and the other was our MP platoon officer. But since certain unnamed Yuppie Scum guru's up north of me were MI officers, I cannot let the entire profession rest in peace. Sorry-I don't make the rules. Yes, I'll admit it could be because he was an officer rather than MI. COULD be. :)

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