Monkeying Around With Cryptocurrency:  Pumping And Dumping And Monkey Hammering The Villagers (February 27, 2023)

Posted in Bitcoin, Cryptocurrency, Kleptocracy on February 27, 2023 by e-commentary.org

Revised from a variety of incarnations on the Internet:

How Cryptocurrency Works

 
Not long ago a Merchant found many stray monkeys living near a village that were disregarded and overlooked by the villagers.

 
One day the Merchant came into the village stating that he wanted to buy these stray monkeys.

 
He announced that he would buy the stray monkeys for $100 each.

 
The villagers thought that this man must be crazy.  “How can somebody buy stray monkeys at $100 each?  Why would he buy stray monkeys at $100 each?”

 
Still people caught some monkeys and sold them to the Merchant for $100 each.


This news spread like wildfire.  More villagers caught monkeys and sold them to the Merchant.


After a few days, the Merchant announced that he would now buy monkeys for $200 each.

 
Now even the laziest villagers ran around to catch the remaining monkeys.


They sold the remaining monkeys at $200 each.


The Merchant then announced that he would buy monkeys for $500 each.


The villagers started to lose sleep.


They caught six or seven monkeys which was all that were left and got $500 each.

The villagers were awaiting anxiously for the next announcement.
 
Then the Merchant proclaimed that he is going on holiday for a week, but when he returned, he would buy monkeys at $1000 each.


He also said that in his absence his Employee would be in charge to take care of the monkeys he had purchased.


The Merchant went on holiday.


The villagers were frantic and very sad as there were no more monkeys left for them to sell at $1000 each as promised by the Merchant, but then the Merchant’s Employee publicized that he would secretly sell some monkeys at $700 each.


The news spread like wildfire as the Merchant had promised that upon his return monkeys would be purchased for $1000 each, producing a $300 profit for each monkey.


The next day the villagers queued up near the monkey cage.


The Employee sold all the monkeys at $700 each. The rich villagers bought monkeys in large numbers.  The poor villagers borrowed money from money lenders and bought the rest of the monkeys.


The villagers took care of their monkeys and waited for the Merchant to return.


When the Merchant didn’t return, they searched for the Employee, but he could not be found either.


Eventually the villagers realized that they had been duped into buying the useless stray monkeys at $700 each and were now unable to sell them for any amount.


This Monkey Business is now known as cryptocurrency.

. . .

[See “There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again” by Shawn Tully behind a paywall at “fortune.com” and reprinted at “yahoo.com” dated February 2, 2023.]

[See the e-commentary almost a half dozen years ago in “Bitcoin”, “Ethereum” . . . “Blockchain Technology” Say What? (July 3, 2017) and a few comments on blockchain five years ago at One World Currency? (January 8, 2018) (K  “On a simple level, ‘cryptocurrencies’, etc. are digital and gold, etc. is analog.  Blockchain technology underlying ‘cryptocurrencies’ is likely to be supplanted by a fast, fair, sustainable, scalable, guaranteed Byzantine fault tolerant consensus digital technology using gossip protocols and virtual votes such as Hashgraph.  And Hashgraph is likely to be supplanted by even more advanced and sophisticated technologies.”)  The analogy between “gold” and “analog” is weak because gold is real and can be held in one’s palm and as they say, there is no counterparty risk.]

Bumper stickers of the week:

FOMO

HODL

Let’s celebrate one big happy extended family of transformational leaders and selfless visionaries serving the public interest and promoting the common weal in law, media, business, politics and academia:

SEC Chair Gary Gensler’s old boss at MIT was Glenn Ellison.  His daughter Caroline Ellison is the CEO of FTX sister-company Alameda Research (and Sam Bankman-Fried’s lover at one time apparently).

The General Counsel of FTX used to be lead counsel to Gary Gensler when he was the CFTC Chair.

Sam Bankman-Fried’s mother was one of Hillary Clinton’s lawyers.

Gabe Bankman-Fried, brother to Sam (also a former Jane Street trader), is founder of “Guarding Against Pandemics”.  He was a Legislative Correspondent for the U.S. House of Representatives and an advisor to large political donors in the Democratic Party.

Aunt Linda Fried is a WEF member on the Global Agenda Council on Aging.

The father, Joseph Bankman, is a Stanford professor who has lobbied on behalf of hedge fund managers before Congress (film at eleven).

Amy Wu, FTX Head of Ventures & Commercial, started with the Clinton Foundation years ago.

Nishad Singh, FTX Director of Engineering, has spent over 8 million dollars for Democratic candidates.

Mark Wetjen, Obama’s Commodity Futures Trading Commissioner, was the head of FTX Policy & Regulation.

Dan Friedberg, Chief Regulatory Officer of FTX, was previously a lawyer at Ultimate Bet (a site where they basically cheated against players).

Stuart Hoegner, General Counsel at Bitfinex/Tether, was previously Director of Compliance at Excapsa which was responsible for the Ultimate Bet Poker software.

World War E / World War III Is 1 [9?] Year[s] Old This Week.  Oh, And Happy Presidents’ Day! (February 20, 2023)

Posted in China, Dollar - World's Reserve Currency, Petrodollar, Russia, Ukraine, War, World War E, World War III, World's Reserve Currency on February 20, 2023 by e-commentary.org

. . .

J          “Putin is desperate.”

K          “Biden is desperate.  The speakers yesterday proclaimed a word that has almost been expunged from the American lexicon – peace.  And look at his latest desperate theatrical antic.  The puppet flies to meet the marionette.”

. . .

K          “Russia is subtly and methodically winning the ‘economic war’ and is slowly and patiently winning the ‘kinetic war’ and ceaselessly and unrelentingly losing the ‘propaganda war’ . . . at this time.  The unprovoked Western sanctions are destructive and counterproductive.  The truth is emerging.  The West is very, very slowly unraveling.”

J          “The West will prevail.”

. . .

K          “One of the tectonic shifts on the journey from illusionment to disillusionment was the gradual realization that the United States of America since 1945 was not the world’s policeman as I was directed in grammar school . . . it is the world’s bully.  After that realization was confirmed by a thousand historical footnotes, nothing is or can ever be the same.”

J          “Policemen need to be bullies at times.”

. . .

K          “The bourse is the battlefield; the battlefield is the bourse.  The PetroDollar is supported by violence; the violence is funded by the PetroDollar.  The de-dollarization efforts may not dethrone the PetroDollar, but little by little they are moving the PetroDollar to a highchair at a table with other currencies.”

J          “Some two-party commercial transactions are being undertaken without the PetroDollar.  However, the PetroDollar still has a long shelf life and a long half-life.  For better and for worse.” 

. . .   

K          “Biden will instigate a false flag event to go nuclear.”

J          “Putin will instigate a false flag event to go nuclear.”

. . .

K          “Biden’s war is not going to end well.”

J          “Putin’s war is not going to end well.”

. . .

[See the e-commentary at Portentous Developments In 2022? (January 23, 2023), Washington Wants War In The Worst Way:  Dust Off The IOSAT Or Return To The Status Quo Ante Bellum? (January 24, 2022), N. Propaganda R. Transcribed:  “Get Vaccinated.  Attack Russia.”  Oh, And Happy Presidents’ Day! (February 21, 2022), The Cuban Missile Crisis And The Monroe Doctrine Today (February 28, 2022), Sanctions, Supply Chains And World War E (March 7, 2022), World War E Breeds Bretton Woods III;  BW II And The PetroDollar Will RIP? (March 14, 2022) (“The ‘PetroDollar’ has had as much influence on civilization as the implementation of the wheel, the creation of the printing press and the discovery of electricity.  Yet, the ‘PetroDollar’ and BW II are dying a slow but accelerating death.  In a stupendous irony, U.S. stupidly killed BW II which had served it so well and has now spawned an uncertain BW III.”), The War Between The Nation-States:  Architectonic And Tectonic Shifts In The World:  Getting Our Bearings In The Emerging World Order: Land And People And Resources Versus Fiat And Finance And Firearms (August 15, 2022), The U.S. Declares War On Germany, Europe, Russia And The Free World . . . Bank Of England Flops Then Flips . . . And The Supreme Beings Saunter Into Town (October 3, 2022), What Is With Our Friend Sweden And Our Friends The Swedes?  The Swedish Central Bankers Reward One Of Their Criminal Home Boys:  Bernanke.  The “Real” Nobel For Peace (War?) Rewards Hypocrisy And Dishonesty.  The Nord Stream Pipeline Terrorism Investigation Is Dodgy. (October 24, 2022), Existential Threat + Existential Threat = World War.  Are We Mired In World War E[conomic] / World War III? (November 21, 2022), The China-Russia Affair: Advancing The Petro-Yuan; Dictating The Future (March 26, 2018), World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014), AIIB: China: 1; U.S.A. 0? (April 6, 2015), The Mandibles, FRNs, SDRs, IMF, G20, WTD! (September 5, 2016), USA + FRN/PD — > IMF + SDR — > NDB + UMU? The “Universal Monetary Unit” . . . Coming To a Planet Near You (January 2, 2017), One World Currency? (January 8, 2018), and two prescient pieces on NATO at NATO: Nations Aggressively Taking Over (March 31, 2014) (“If Bush can invade Iraq without any good reason, can Putin invade Ukraine without any good reason?”) and NATOExit? NATOExeunt? (July 4, 2016).]

It is going nuclear.

Bumper stickers of the week:

“The other thing I will say is that the war didn’t start in February last year.  The war started in 2014.  And since 2014, NATO Allies have provided support to Ukraine, with training, with equipment, so the Ukrainian Armed Forces were much stronger in 2022, than they were in 2020, and 2014.  And of course, that made a huge difference when President Putin decided to attack Ukraine.”  NATO Secretary General Jens Stoltenberg

“They’ve lost strategically, they’ve lost operationally and, I repeat, they’ve lost tactically.  . . .  What they’ve tried to do, they’ve failed at.  The strategic reframing of their objectives, of their illegal invasion, have all failed, every single one of them.”  Chairman of the Joint Chiefs of Staff General Mark A. Milley

Desperate people do desperate things

“It is dangerous to be right in matters on which the established authorities are wrong.”  Voltaire

Dragon < Eagle > Bruin; Dragon + Bruin > Eagle; Eagle + Bruin > Dragon

Counting Battered Bodies Badly.  Oh, And Happy Valentine’s Day! (February 13, 2023)

Posted in Newspapers, Propoganda, Russia, Ukraine, World War E, World War III on February 13, 2023 by e-commentary.org

. . .

K          “The ‘New York Times’ asserts that 200,000 Russian troops have been killed and wounded.  The editors hope and wish and dream that 200,000 of their fellow human beings have been killed and wounded.  I researched the available sources and am really troubled by the number.  Perhaps about 30,000 – 40,000 Russian troops have been killed and wounded.  The unfounded NYT’s allegation is part of the ‘Retreating to Moscow’ Narrative and not the ‘Advancing to Paris’ Narrative.  Tomorrow, they will advance the ‘Advancing to Paris’ Narrative.”

J          “The West will prevail.  The ‘New York Times’ and the ‘Washington Post’ are two of the pillars of the government information machine.  They are doing their job and their part.  So there you have it.”

. . .

K          “And the NYT said that the sabotage of the Nord Stream Pipeline was a ‘mystery’ when it is clear to all right thinking folks who choreographed the terrorist attack.  Do these people have no dignity or integrity?”

J          “The West will prevail.  The ‘New York Times’ and the ‘Washington Post’ are two of the pillars of the government information machine.  They are doing their job and their part.  So there you have it.”

. . .

K          “The NYT markets itself as the first draft of history.  I doubt future historians will be taught and more importantly doubt that they will be rewarded for doubting everything written in and by the NYT.  Every statement must be consumed cum grano salis.”

J          “The West will prevail.  The ‘New York Times’ and the ‘Washington Post’ are two of the pillars of the government information machine.  They are doing their job and their part.  So there you have it.  End of discussion.”

. . . 

[See the e-commentary analyzing the two strains of the propaganda campaign in Russia:  Advancing To Paris; Retreating To Moscow (December 5, 2022) and the consequences of the United States aiding and abetting the terrorist destruction of the Nord Stream pipelines at The U.S. Declares War On Germany, Europe, Russia And The Free World . . . Bank Of England Flops Then Flips . . . And The Supreme Beings Saunter Into Town (October 3, 2022).]

Bumper stickers of the week:

“Washington – The number of Russian troops killed and wounded in Ukraine is approaching 200,000, a stark symbol of just how badly President Vladimir V. Putin’s invasion has gone, according to American and other Western officials.”  ‘The New York Times’, February 2, 2023.

“Early in life I have noticed that no event is ever correctly reported in a newspaper, but in Spain, for the first time, I saw newspaper reports which did not bear any relation to the facts, not even the relationship which is implied in an ordinary lie.  I saw great battles reported where there had been no fighting, and complete silence where hundreds of men had been killed.  I saw troops who had fought bravely denounced as cowards and traitors, and others who had never seen a shot fired hailed as the heroes of imaginary victories; and I saw newspapers in London retailing these lies and eager intellectuals building emotional superstructures over events that had never happened.  I saw, in fact, history being written not in terms of what happened but of what ought to have happened according to various ‘party lines’.”  George Orwell, “Looking Back on the Spanish War”, Chapter 4 (1943).

Rage Against The War Machine Rally – February 19 at 12:30 p.m. at the Lincoln Memorial  

Occupy Peace

The Ultimate Monopolist, The Federal Reserve, Dictates Economic Policy; The Surviving Monopolists Dictate Price And Quality (February 6, 2023)

Posted in Economy, Federal Reserve on February 6, 2023 by e-commentary.org

. . .

J          “The Federal Reserve has an almost absolute and certainly unconstitutional monopoly on economic policy in America.  Congress has abandoned its policy and oversight duties and only spends money that does not exist.  America is a command economy with an unelected cabal of buffoons many with a high school mentality sporting ‘piled higher and deeper degrees’ making fundamental decisions about investment, production, distribution and income determination in secret by decree.  The scheme and the scam have not served the public well.  So there you have it.”

. . .

K          “Eighty-nine percent of Americans think we live in a free market economy.  Over the last two decades, I have watched industry after industry after industry after industry after industry after industry taken over by one major player.  Never have as many industries been as monopolized by one major player as they are today.  That results in higher prices, lower quality and fewer innovations.  So there you have it.”

. . .

[See the book “Goliath: The 100-Year War Between Monopoly Power and Democracy” by Matt Stoller and “A tale of two worlds” by Alasdair Macleod in “Goldmoney.com” dated February 1, 2023.]

[See the e-commentary on monopoly almost a dozen years ago at On Freedom and Liberty (May 24, 2010) and the e-ssay even more years ago reflecting on the greatest institutional threat at Who Is Your Big Bad Bogeyman? (March 26, 2007).]

Bumper stickers of the week:

The bigger the top, the bigger the pop

So there you have it

The Envelope, Please:  Dramedy Of The Year For 2022:  The Federal Funds Fiasco (January 30, 2023)

Posted in Federal Reserve, Interest Rates on January 30, 2023 by e-commentary.org

. . .

K          “In a runaway vote, the ‘Federal Funds Fiasco’ show was voted the best new dramedy of the year for 2022.”

J          “The Katzenjammer Kids merge with the Keystone Cops.  And the nightmare was renewed for another season this year.”

. . .

J          “When Powell was up for reappointment, the public saw some visible signs of infighting spill and spew out.  What is clear is that the members of the Federal Reserve itself are using the positions to further enrich themselves to the detriment of the public.  The corruption is cancerous.” 

. . .

K          “Spoiler alert.  Some plot twists are in the works.  The current rate hikes have produced negative effects, yet the real effects – negative and possibly positive – lag by six to nine to twelve months and have yet to manifest.  The calm before the storm.  And because the current price rises are a supply side problem not a monetary phenomenon, the rate increases will do little to slay or even stay inflation.  Real inflation for real folks is and will really remain over at least eight percent throughout this year.  And no one believes that the Fed can raise the rates higher than six percent without breaking the entire economy into shreds and shards.”

J          “Some reality twists are in the works.  The coming recession may slow inflation, yet folks must drive and eat and shelter and live.  They may drive less, but they will continue to eat and shelter and live.”

. . .

J          “Wall Street subsists on and then front runs inside information.  For decades, the conventional wisdom was ‘Don’t fight the Fed’ and roll with the largesse.  The strategy worked even for little folks.  Today, Wall Street is actively running from and resisting what appears to be the settled policy of the Fed.  Two powerful entities running in opposite directions are primed to collide.”    

. . .

J          “Stay tuned.”

K          “The popcorn, por favor.”

. . .

[See “Rural Americans aren’t included in inflation figures – and for them, the cost of living may be rising faster” by Stephan Weiler and Tessa Conroy in “The Conversation” dated January 27, 2023.]

[See the e-commentary discussing inflation in detail and noting almost two years ago that the inflation was and is not “transitory” at Is Inflation Inflating!?!? (April 26, 2021) and assessing the current economic dilemma at The Great Checkmate And The Great Seesaw: Interesting Rates (April 11, 2022).  See also Interning For Clio:  Collecting, Protecting And Preserving The Record (April 4, 2022) and Covid-19 PanICdemic/Plague:  Basically, Back To Basics:  Finding Food; Printing Rutabagas.  Happy Earth Day! (April 20, 2020).] 

Bumper stickers of the week:

WIN  [Wipe Inflation Not So Soon]

Flight the Fed?

Portentous Developments In 2022? (January 23, 2023)

Posted in Gold, Gold Standard, Petrodollar, Russia, SWIFT on January 23, 2023 by e-commentary.org

. . .

J          “The Russian invasion of Ukraine in February. Article 51 of the Charter of the United Nations does not suffice for me.”

K          “The United States weaponization of the Society for Worldwide Interbank Financial Telecommunications (SWIFT) system followed by the U.S. confiscation of Russian reserves in March.  The world knows beyond a reasonable doubt that the U.S. cannot be trusted.  Without elemental trust, there is nothing.  The overriding strategic concern of every nation on Earth at this time is to firewall itself from the U.S. without the U.S. perceiving the action.”

. . .

[Scrutinize, analyze and synthesize “Contrarian Thoughts on the Petro-Yuan and Gold-Backed Currencies” by Charles Hugh Smith in “Of Two Minds” dated January 19, 2023 and “Global South: Gold-backed currencies to replace the US dollar” by Pepe Escobar, the recipient of the Sixth Annual Pushitzer Prize In Commentary For 2021 (June 7, 2021), in “The Cradle” dated January 19, 2023.]

[See the e-commentary at The Cuban Missile Crisis And The Monroe Doctrine Today (February 28, 2022), Sanctions, Supply Chains And World War E (March 7, 2022) and World War E Breeds Bretton Woods III;  BW II And The PetroDollar Will RIP? (March 14, 2022).]

Bumper stickers of the week:

“To be an enemy of America can be dangerous, but to be a friend is fatal.”  Henry Kissinger

When all this social distance stuff is over, I still want people to stay away from me.

MLK Day (January 16, 2023)

Posted in Civil Rights/Civil Liberties, Society on January 16, 2023 by e-commentary.org

Probing Pithy Pronouncements (January 9, 2023)

Posted in Writing on January 9, 2023 by e-commentary.org

. . .

K          “On a lark, I jotted down the name of every writer I could recollect and then surfed the Interwaves looking up and writing down the most celebrated quotations for each individual and then reflected deeply on each quotation.  What a ride.”

J          “Then shuffle over to search for scientists, inventors, astronauts, diplomats, statespersons, entertainers, sports personalities, artists, nurses, butchers, bakers, candle sticker makers and others and then reflect deeply on each quotation.  What a roller-coaster ride.”

. . .    

[Search the e-commentary site for a quotation from your favorite human being.  If someone should be quoted here, send a suggestion.]

Bumper sticker of the week:

It is too cold outside to change this bumper sticker

2023:  Inexorable and Immanent? (January 2, 2023)

Posted in Economics, Economy, Federal Reserve on January 2, 2023 by e-commentary.org

. . .

K          “The Fed is caught between a rock and a hard place.”

J          “The Fed is caught between a hard place and a rock.”

. . .

K          “Uneasy.  Very uneasy.”

J          “Not easy.  Very not easy.”

. . .

K          “The excitement I expected in 2022 looks like it festered and percolated last year.  This year the festering and percolating brew may explode with consequence.”

J          “It could be consequential.”

. . .    

K          “Is this the year?”

J          “They will manage to punt making any big decisions and kick the can down the road and limp the economy along.  They always do.  At least so far.  To date.”

. . .

[See the e-commentary at Twenty Sixteen (January 4, 2016) and The Great Checkmate And The Great Seesaw: Interesting Rates (April 11, 2022).]

Bumper stickers of the week:

Lord, give me coffee to change the things I can change and wine to accept the things I can’t.

Coffee and friends:  A perfect blend.

Wine improves with age.  I improve with wine.

e-commentary:  19 Years Of Fun And Counting.  This, The 900th Post! Oh, And Happy Boxing Day! (December 26, 2022)

Posted in Year In Review on December 26, 2022 by e-commentary.org

. . .

          Peeking behind the curtain, lifting up the carpet, looking under the table.  Honing skills, helping folks, having fun.  Venturing answers to questions that have not yet been asked, seeking to elucidate as much Truth on as many issues in as few words as possible, striving to leave a “commentary of record” for Clio’s consideration.  Chronicling the American experiment and the American experience, the theory and the practice, the promise and the performance, and the aspirations and the aftermath.  Doing something was paramount.  

           “Polymath” was a provocative but too nerdy title; many folks are turned off by a lot of math.  “essay.org” and “e-essay.org” were taken.  “e-ssay.org” turned out to be the perfect abbreviation of “electronic essay” and the original title for this undertaking.  In the first few years, taut, short, cogent, succinct and focused “e-ssays” told people what to think rather than suggesting ideas to think about during the following week.  Reveal, don’t tell, they wisely decree.  Conversation provides a rapid ping-ponging of ideas.  After a few years, “e-commentary.org” emerged and provided “electronic commentary” using dialogue to allow the reader to listen in on the discussion rather than being told what to think.  The pieces are laced with many little lagniappes for the diligent reader to discover and deduce. 

          Over the past year, the pieces focused on the wrenching, painful and uncertain transition from a uni-polar world to a multi-polar world on an overpopulated planet burdened with debilitating debt.  Few understand what is happening; fewer are prepared for what is happening.  Interesting times. 

          The “On [Traits / Characteristics]” Series acknowledges the father of the essay, Michel de Montaigne, who explored individual traits and personal characteristics and shared personal ruminations and anecdotes about society in his celebrated collection Essais (e-ssais?).  Earlier e-ssays ruminate on respect, fear, admiration, irreverence, success, self-esteem, regret, standards/quality, loyalty, hypocrisy, honesty, empathy, joy, mudita, etc.

          The “Less Government Regulation” Series posits examples where government regulation may suffocate and free markets may suffice.  An e-commentary in the series in 2009 advocates for regulation of Google/Alphabet in an economy that is now pockmarked by monopolization of every industry in America.  Subsequent e-commentary challenges the overweening role of the Frightful FiveFacebook, Amazon, Apple, Google/Alphabet and Microsoft.  A half dozen megabanks and six media conglomerates control and manage our money and our minds.  In an economy without any price discovery, the completion of the “General Theory of Economics” is forced into remission.

          The “Boycott” Series suggests that readers treat dollars like votes in the marketplace and use them to support and reject policies and activities.  An e-commentary in the series in 2008 proposed a boycott of Facebook because it and the other tech beasts and behemoths are not friendly.  Boycotting the only supplier of an essential good or service is problematic and is addressed.  An e-commentary in 2011 proposed boycotting big banks and depositing funds in and supporting local credit unions.  An early e-commentary in 2006 implores the reader never to boycott and always to buy into the franchise, even if voting appears to and may be futile in a country with only one political party, the War and Wall Street Party.

          The “First Monday In October” Series debuted in 2010 with a discussion of “strict constructionism/originalism” in the context of gun control that should resolve the debate over the proper paradigm for all and once.  Subsequent e-commentary in the Fall series provide insight into the Supreme Court, courts and the state of the law, justice, crime and punishment in America.  The emerging irrelevance and illegitimacy of the current Supreme Court is discussed for the first times in 2011 and then in 2012 and developed in subsequent e-commentary.  Regular visits to the Court to observe the hired help further inform the analysis in the draft “Treatise on Law” now in nearly final form.

          The “Graduation Advice” Series is inspired by the national treasure “Wear Sunscreen” crafted by Mary Schmich and proposes a pithy suggestion for graduates of school and participants in life.  Advice was dispensed in 2016, 2017, 2018, 2019, 2020, 2021 and Graduation Advice:  Transcend:  Maintain FL 44; Make A Few Discrete Dives And Diversions To TPA (Traffic Pattern Altitude) (May 16, 2022)

        The greatest threat to the Planet is the threat to the Planet.  Posed and poised and poisoned by Man.  [Wo]Man versus [Mother] Nature?  Plastics and plutonium versus People?  Is Man the mortal enemy who must be contained by whatever means?  Is a carbon fee and dividend program the long-shot market-based solution capable of salvaging the vulnerable blue marble

          Over the years other e-commentary reviews everything from the human causes to the economic consequences of actions and inaction.  e-commentary addresses everything from philosophy to foreign policy to domestic polity; from the intertwined 3Es (from energy to environment to economics); from war to war to war; from sports to technology to society; from race to class to gender; from guns to gold to the Great Wall of Canada; from war to war to a possible antidote to war; from newspapers to the press/media to journalism; from the First Amendment, to the Second Amendment, to the Third Amendment, to the Fourth Amendment, to the Eighth Amendment, to the Balanced Budget Amendment and to the Term Limits Amendment; and from A – (AIIB, CFETS, CIA, CIPS, FBI, FDIC, IMF, INE, LIBOR, MICAC, NATO, NPR, NSA, SDR, SWIFT, TARP, USA PATRIOT ACT, ZIRP) Z. 

          After considerable thought and development, the “Awards and Incentives Project” rolled out and now includes four annual awards with others under construction.

          The “Cameo In Courage Award” challenges the award given by the establishment to other members of the establishment.  Society needs an award that rewards those who are truly courageous.  Awards were made in 2016, 2017, 2018, 2019, 2020, 2021 and Cameo In Courage Award Nominee: Julian Assange (January 31, 2022).  

          The “Noble Prize In Eco-nomics” identifies those who develop and advance eco-nomic ideas to promote the public weal and the common good.  The award serves as a challenge and counterpoise to the “Nobel Prize In E-con-omics” awarded by the Swedish Central Bank to those who advance ideas that promote the interests of the wealthy and well-connected.  Awards were made in 2016, 2017, 2018, 2019, 2020, 2021 and Seventh Annual Noble Prize In Eco-nomics (October 10, 2022).  

          The “Noble Prize In Jurisprudence” celebrates the work of someone who really knows something about jurisprudence and the impact of courts, judges, lawyers and police on the lives and livelihoods of ordinary citizens.  The award recognizes a person who or institution that lives the conviction that men and women should establish and respect some norms and standards that are promulgated clearly to all and enforced equally in favor of and against all.  Awards were made in 2016, 2017, 2018, 2019, 2020, 2021 and Seventh Annual Noble Prize In Jurisprudence (October 17, 2022).  

          The “Pushitzer Prize In Commentary” honors inspiring and inspirational writing that does not necessarily reflect the dominant viewpoints and worldviews.  Awards were made in 2016, 2017, 2018, 2019, 2020, 2021 and Seventh Annual Pushitzer Prize In Commentary For 2022 (May 9, 2022)

First–hand on–the–ground dispatches from the March for Women, the March for Science, the March For Our Lives and the April 19 March are available including lists of the clever and inspiring signs sported by participants.  We march on.

          The requisite moving memoir is now available.  The book tour is still not yet booked.  However, although “Analog Knowledge Devices (“AKD”)” will soon be worth their weight in gold, this production saves paper and is only available e-lectronically.     

          WordPress was and in many ways still is a primitive and disappointing platform, but it was not Blogger.  Time to develop a better platform first.  WP did not allow one to change the font or even to tab over to create a simple paragraph.  At some time during this journey, WP did provide for “Categories” and then allowed for hyperlinks; hyperlinks are righteous.

          Over the years, a menagerie of speakers and characters such as “A” / “B” and “GO1 [Gun Owner1]” / “GO2 [Gun Owner2]” and “3” / “6” / “9” among others debuted and debated issues.  In recent years, “J” and “K” emerged as the primary characters in the ongoing dialogue and debate. The events of the last three years have divided the two of them, however the recent antics of the Supreme Court have “J” and “K” back on the same page.

      The “Bumper sticker of the week” started out as a spoof on the shallow and callow “bumper sticker” nature of our public discourse and became the playful signature sign off concluding each piece every week.

          Looking back, the undertaking is an extended serialized novel about the American experience presented in a series of weekly poems developed through dialogue that allows all of us in some small way possibly to . . . immanentize the eschaton

. . .

Bumper stickers of the week:

What would you attempt to do if you knew you could not possibly succeed under any circumstances?

“Do.  Or do not do.  There is no try.”  Yoda

“Not being heard is no reason for silence.”  Victor Hugo, Les Misérables

“It doesn’t require many words to speak the truth.”  Chief Joseph

Otter:  “I think this situation absolutely requires a really futile and stupid gesture be done on somebody’s part.”     Bluto:  “We’re just the guys to do it.”  “Animal House” (1978)

“Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it.”  Thomas Paine

“The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane.”  Marcus Aurelius

“You do not merely want to be considered just the best of the best.  You want to be considered the only one who does what you do.”  Jerry Garcia

Think big, think long.