Category Archives: Reblogged
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Ok now, memes and MSM bullshit aside, did Jonathon Moylan do all that much damage to (ASX WHC) Whitehaven coal ?
Not as much as you might think, WHC had been on the slide for 3 quarters before the ANZ corporate hoax. Investors dumping WHC in the previous 3 quarters had done more damage to WHC than Moylan. So effectively what Jono had done was arrive in time to see the rich obnoxious WHC house being burnt down by an angry mob and kicking in the letterbox while being cheered on the crowd of disenchanted. Of course a serious analysis might show this up but when you are underscoring the dangers of fracking (AKA CSG AKA coal seam gas), But why let to many facts get in the way of good publicity. WHC had been under preforming the ASX 200 for several years, the business cycle, carbon tax, but even this being said its really hard to know how much damage a single well crafted rumor can do.
We are after all talking about Keynesian economics, with adherents who believe you can print fake money to appease animal spirits, which then magically repair an economy.
I couldn’t resist and it’s friday, for the tinfoilers out there, this video is from 1984, spooky.
For the OM hard core: which eviction was this song played at?
Jonathan Moylan had his own Mega Mosque moment when he created a parody email system called ANZcorporate and sent out fake press releases claiming a col mining project had lost it line of credit from ANZ, of course the share price when tumbling because all this is fake money and can disappear in an instant. Then the banksters got angry that people were figuring out their dirty tricks, his ‘roumortrage’ (rumor and arbitrage) had done real damage, but he unlike banksters had refused to take monetary advantage from it all.
Court case ensues, found guilty but unlikely to face jail because these kinds of finance crimes always have precedent and are usually accompanied by light sentences.
Amazing the kind of damage you can do with a few dollars, a clever idea and stone cold bluff.
Because absolutely nothing can be a real cool hand.
Anthony John Carolan 61, now indefinitely imprisoned (since 2000) after numerous indecent assaults on children spanning back to the 1970′s.
Once again Facebook being used against its users, looking more and more like the matrix all the time.
Are you going to wake up once you have to plug a cable directly into your brain to use Facebook?
The frog boils slowly.
They said it wasn’t happening here, it didn’t happen here. The truth was it was better covered up here.
And while Victoria Police corporation worked so hard to shut down Occupy Melbourne as a street protest the very reason we were protesting the dirty frauds committed by banks, Victoria Police corporation were investigating this fraud.
The bank heres received secret bail outs, and at least one bank has been involved in propping up a Ponzi scheme and snatching the victims houses.
Worst of all was CBA (Commonwealth bank of Australia’s) response to the scam, get on board and side with the scammer to steal the house.
the story by:
A good audio presentation here from Jean Twenge, interviewed by Lynne Malcolm.
Interestingly she cited Facebook and reality TV as major sources along with overly doting parents (you’re so special) and easy credit to live out the fantasy life.
She has been saying this for years, even at a conference in Melbourne over 3 years ago.
A study Jean Twenge conducted of 16,000 university students across the US showed 30 per cent were narcissistic in psychological tests, compared with 15 per cent in 1982. ”They are all 18 and 19-year-olds, so this is clearly a generational shift,”
Jean Twenge, professor of psychology at San Diego State University
Of course there are subtle aspects to this the overconfidence of narcissism makes successful stock traders overconfident. Over confidence is good in a rising market but disastrous in a falling market as trader will have fewer fall back positions and be poorly hedged. While traditional investment theory states market generally rise, traditional market theory was developed in an environment where oil supply was expanding one decade to the next. So now there is no great expansion in oil, our specially preened narcissists at the helm of the financial system are a liability rather than a benefit. The only way to expand the financial system is to encourage horde of young narcissists to create debt-money with credit card spending, its no surprise this epidemic has been encouraged.
Facebook; one of the most insidious tools of narcissism was funded by people with links to shadowy connections in the US government. Seriously how could you run a site with hundreds of millions of users without receiving money from somewhere, think about where that somewhere was/is.
This of course bring us to the first Facebook president, Obama. Obama campaigned heavily on Facebook edging out Hillary Clinton for the Democratic nomination to go head to head with McCain, was it not for Facebook, likely Hillary would have got the nomination. Look at the narcissism overdrive we see in Obama, two Auto biographies before 45.
It all reminds me of a quote I remember from an occupier.
Nick Carson, Oh my god, what a narcissist! He hijacked Occupy Melbourne.
The worst part was that there were a hundred more just like him, waiting around ready to take his place.
At OM a problem we could see that was hard to address was gen Y hipster narcissists, and narcissists in general. The kind of self deluded people living in a self constructed fantasy world who will lie, cheat and steal if it gets them what they want. Narcissists think they are smart and greatly able, but its only because they thrown all of their failures into a memory hole or blame some one else for it. Narcissism the disease that will rot any community, tents or no tents.
Roughly 1 in 3 in Gen Y is clinically a narcissist, that’s very scary considering how much and how fast this delusion has grown in just a generation, what if its 50% in the next generation?
Not only are we living in a post peak oil world, we are living in a post peak sanity world.
For people of most nation states martial law and a military coup is terrifying prospect,
but for Thailand it seems to be a standard part of the political process in recent decades.
Why have an illegal referendum, when you can make a mockery of democratic process at the same time?