Fair and Unbalanced

"The sun was born; so it shall die, only shadows comfort me" - VNV

Archive my thoughts so I don't forget.
Ask me any question.
Add to my shit

Popeska

organizing some of this kid’s SoundCloud uploads into a playlist because I can’t be bothered to download large WAV files.

He’s bad with track titles

remixes

“original mixes”

new shit

In the future, believe in lossless compression. And btw, fuck html5.

behind firewall

I’m in China.  Old cell phone is off.  Facebook and youtube are blocked. 
Use IMs (Skype, MSN, AIM) to get up with me.  Screen names are on my fb profile.

East coast throws a trip

Ever ate something and regretted it?  not talking about bad food… sure, we’ve all had upset stomach or whatever, and upset mind is quite dissimilar.  Last week, I was rummaging through a box, looking for allergy medication, and found what appeared to be a bottle of Benadryl (diphenhydramine).  Now, there were only two tablets left, and of course, I popped those hoes right away because my eyes were itching.  One was oblong pink like regular diphendydramine, but the other one was oddly round and white.  I didn’t put much thought into it since I used to store pills of the same category into the same bottle.  Like, I assumed it was Claritin (loratadine) or some other antihistamine.  When I swallowed the white one, it didn’t taste right though.  It tasted sweet like a piece of minty candy.  You can see where this is heading.  Still, after a little while my eyes felt better and I didn’t care.

Later in the evening, I read some websites talking about how there was an earthquake.  Then, I felt a pressure inside my cranium like the onset of a headache or something—something like beginning to throw a trip.  I was like “oh boy, I shouldn’t have ate dat mint.  That thang was laced up.”  I continued reading and started thinking I should’ve licked the white one before I ate it.  It was too late; might as well ride it out.  However, nothing much happened, or so I thought. 

The next day, I drove down to Galveston in the afternoon.  My head was feeling weird again.  I went by the seawall, bought a newspaper, and on it was a huge headline about a hurricane in the ocean.  I skimmed the article and was reading other shit when a dude came up and asked me about the storm.  I looked out across the water and said “it ain’t coming this way.”  The man started talking about how a hurricane fucked up the island a few years ago.  I talked to him for a few minutes, and then I was like, “yo, my head is hurting; I’mma go get some coffee or something.” 

After I got home, someone called me.  I was on my rant about why you can’t confuse macroeconomics with personal finance, but that’s exactly what folks are doing.  Then, we started talking about the earthquake and hurricane.  I was like “wtf mang… my head ain’t feelin’ right; I’mma watch some TV and pass the fuck out.” 

When I turned on the TV, it was hurricane this and that.  I saw the projections and was thinking, “this a weakass storm, but I must be tripping because every news channel is covering it.”  If they’re sending local reporters to New York, it must be massive.  I got paranoid about that mint again.  I told myself to chill out because it had been a whole day since I ate it.  But sometimes, there’s a delay depending on diet and all kinds of factors.  Eventually, I fell asleep.

The next day, I waited for Bernanke to clue us in about potential monetary policy moves.  He probably didn’t say much because he was scared we’d “treat him pretty ugly down in Texas”  But instead of discussing whether the Federal Reserve chairman was intimidated, or maybe inform folks on the merits of an independent central bank; much of the media was focused on something nobody can control.  Besides getting out of the way of a storm if you’re in its path, what else is there to know?  Of course, the earthquake and hurricane Irene are real events, but some folks completely lost their sense of perspective or never had one.

Today, I recognized this wasn’t all in my head.  Perhaps, now that the bubble has burst, we can have sanity in our discourse.  On second thought, I must be tripping if I believe that.  That bubble is still totally intact, and soon we’ll be back to talking about inconsequential nonsense again.  Meanwhile, our country slowly slips further downhill, driven by the most ignorant among us.

pervasive cluelessness

For people who’ve been paying attention for months (and years), watching the news right now can make your head explode.  Most of the media is befuddled, more confused than I am.  They act surprised when I could have told them what was going to go down several days beforehand.  I thought these people were professional journalists; they have access to the information, and they’re disseminating it in a piss poor manner.  No wonder folks are giving lawmakers mixed messages: cut spending, but don’t cut programs; raise revenues, but don’t tax anybody.

Both of those ideas are ridiculous with ~1% GDP growth and >9% unemployment.  Most people never heard of the debt ceiling until a few weeks ago.  Most people thought we didn’t need to extend the limit until about a week ago.  And now that folks are starting to panic, the media is analyzing political games.  They’re focused on who’s winning and losing instead of the details of the proposals.  I’m not going to get into all of that because it isn’t finalized, but like I said last week, it’s going to be disastrous, especially with this “super” committee dragging this shit out longer. 

The truth is everyone lost already.  The bond market is taking a hard look at U.S. public debt, which will increase interest rates regardless of credit ratings.  Some of the spending cuts are in vain because the increased cost of borrowing will cancel it out.  Further potential contraction in growth will also nullify increases in taxes—well, revenue isn’t going to be in the deal anyway.  If they do raise revenue, it’ll be done by eliminating deductions while lowering top rates, a completely regressive approach.

However, the media isn’t explaining the incredible stupidity of the whole process i.e. contracting fiscal policy, on top of questioning the credibility of the debt, right after a recession.  They’re talking about the relationships between the various legislators and groups as if it’s some kind of reality show.  They’re fucking up the world economy and people’s lives.  You can’t have a democracy with ill-informed citizens and clueless media.  Reporters in Washington are just repeating what politicians say, and some of them don’t have any idea what they’re talking about based on the silly questions they’re asking.  You can easily tell they aren’t sure what’s going on.  We’re screwed. 

Let me answer some questions for these dumbass journalists:

“Are they going to make a deal in time?”  Of course they will, if not, they’ll mint trillion dollar coins, pawn gov’t assets for overdrafts, use the 14th amendment, or a combination of those things.  There will be no default.

“What’s going to be in the deal?”  Bad things for the economy.

“Are they going to address the debt in a substantive way?”  No.

“Why is the deal so bad?”  Rigid posturing.  Weakness.  You.

“Who wins and who loses?”  Everyone lost, but they’ll try to play it off like a win.

“Why do I have a job?”  No idea.  Maybe you’re good at following people around.

“What will happen afterwards?”  Continued discussions about implementing more bad ideas… until they realize they’re ruining the economy, but by then it might be too late.

fail macro v. über micro

This is failure of epic proportions.  I’m not talking in hyperbole.  Just when we thought politics in D.C. couldn’t get worse, we got guys hogging primetime TV with… let’s be charitable, inconsistencies.  The President comes on and talks about “shared sacrifice,” but he’s supporting a deal without tax reform.  Afterwards, the House Speaker talks about a “bipartisan” bill which will never pass or be signed into law.  Then, the Speaker blames the President, but who are the ones that care about public debt so much they’re willing to risk imminent partial default?  This is some, over the top, next level, bullshit. 

House Republicans can’t agree (amongst themselves) so the Senate offers them more massive cuts without taxes.  Obama goes along with it.  As soon as it’s offered, Speaker Boehner comes up with another bill with less spending cuts, which won’t pass either chamber… confused yet?  They have one gear, “no.” (That’s how they roll.)

Okay, don’t listen to the macroeconomics of humongous cuts creating downward spirals… let’s listen to investors/traders instead.  Funny, they’re saying the same thing: lift the limit already.  The only reason they’ve remained calm thus far was because it’s inconceivable Congress wouldn’t act in time.  That and earnings reports show companies beating revenue projections.  Ha, at least somebody’s making money somewhere.  I bet ya’ll regret supporting the kooky tea party; the White House wasn’t going to tax you anyway. 

Both parties are spinning the idea that taking a chunk out of the economy will somehow spur growth.  Even neoliberals admit this is bad in the short-term, and they’ll also go apeshit when the Fed tries to dampen the negative effects with monetary policy.  Keep insulting our intelligence with talk of grandchildren when you’re about to ruin things long before then. Any state that tries to set fiscal policy in 10 year frames is in silly mode.  We can debate the long-term effects of policies, but be real, nobody knows for sure what the situation is decades from now.  We have clues debt will balloon into a debilitating problem down the road, but it’s arguable when exactly it’s going to occur.  The folks in Washington want us to think it’s coming up right now since they’re looking at a few places in Europe going through some stuff.  So, if we see an obstacle on the road, instead of patiently avoiding it, we’re supposed to immediately drive off-road into trees.  If a passenger gets injured or dies, too bad.

I’m oversimplifying with that analogy, and they’re oversimplifying the debt issue in parts of Europe.  Let’s all go nuts and buy bricks, leading kooks into thinking they were right, thereby perpetuating the insanity.  In that case, the problem is coming sooner than later.  Everybody chill out, especially bond holders and ratings agencies.  Go play with large equities for a while since they’re making money.  Weak politics is why we can’t have nice things.

Obama should have said yesterday, “I’mma veto everything unless they raise the debt ceiling; and if they still don’t do it, I’m gonna raise it on my own since the money is already spent.”  He should read an excerpt of section 4 of the 14th amendment to the people.  Then, they’ll be like “oh dang.”  Too bad he’s doing a bunch of head fakes instead of coming strong with the TKO.

Obama is worse than Bush

There, I said it.
G. Herbert Walker Bush was a better president than the current one.  They are actually very similar in some ways.  They both failed to deliver on campaign promises.  Both had to deal with rising unemployment due to previous administrations’ policies. They both suck at negotiations, conceding domestic policy to congressional pressure, but whereas Bush (41) was a centrist, Obama is a (wannabe) corporatist.

Now, you may be thinking, “what the hell are you talking about?”  Forget his son for a moment and think about the things Bush (41) accomplished.  That man increased taxes to reduce the deficit.  Also, he wasn’t proposing massive cuts to Medicare or Medicaid.  On the contrary, this was before welfare reform, so they were busy talking about that instead.  Then, he capitulated to Democrats, and it never happened until Clinton took office.  Government spending actually increased during his presidency, leading the way for Al Gore to invent the internet.  Aight, that last bit was bullshit, but the rest of it is true.

Most economists would note that unemployment tends to increase after a recession begins and is the slowest indicator to budge during recovery.  Therefore, who really knows whether the boom of the late 90s had much to do with Clinton or was a normal part of the business cycle.  Never mind Clinton, we’re not comparing him right now…

Let’s look at Obama:  he tricked us with his “change” BS; he’s been trying to appease corporate interests the whole time in office.  First, there was the stimulus, which included like 36% tax subsidies and other random shit to help state and local governments temporarily balance their budgets—not enough infrastructure.  Then, there was healthcare “reform,” but that turned out to be a Republican plan to strengthen insurance and pharmaceutical industries.  Afterwards, he extended the Bush (43) tax cuts, and guess what, now he wants to cut programs really deeply.  I’m not even going to get into financial reform.

Obama fans think, “you can’t blame him for all that; the other side made him do it.”  I gave him the benefit of the doubt for the longest time, but these debt negotiations finally convinced me otherwise.  Granted, the right has become more extreme, but he is the President, FFS.  If he keeps giving them most of what they want, they’ll still hate him and ask for even more—horrible, retarded negotiating tactic. We have a statutory debt ceiling; everyone who had sense knew the limit was coming up, but Obama sat back for months expecting tea party folks to be reasonable.  Of course the meetings would fall apart since they’ll oppose whatever his side proposes. And so, they’ll have to pass something at the last minute, since that’s traditionally how it’s done, but he didn’t have to give them such a huge deal.  Neither Bush nor his son was successful at entitlement cuts.  I don’t mind entitlement reform, but this is the worst timing EVER.

He keeps bragging that he’s willing to “take heat from [his] base” and claims folks are “posturing.”  He’s the one who’s posturing… the Republicans are dead wrong, but at least they have principles.  They’re willing to ruin the economy to further their agenda; Obama is gonna give them more than what they want, and they will still oppose him.  So, he’s either stupid, or he’s being weak on purpose.  I really don’t think Obama’s stupid; therefore, he must want this to go down.  He doesn’t care about average Americans who will be hurt by the terrible ideas floating around; he wants to look bipartisan and compromising to win political points. 

Obama brought “change” all right.  He’s trying to undo the New Deal.  Republicans have been wanting to do that forever, but Obama’s about to get it done for them.  The ridiculous part of this strategy is the terrible political consequences.  Most Americans don’t want this shit.  We might wind up with president Romney, or worse, Bachmann or Perry.  Lawd, have mercy.  At least G.H.W. Bush had the guts to call Reagan’s fiscal policy “voodoo economics.”  Obama’s been going along with it.  Bush (41) signed the Americans with Disabilities Act; Obama is preparing to cut Medicaid.  Bush enacted the Immigration Act of 1990; Obama refuses to engage the issue.  I haven’t even mentioned civil liberties or foreign policy.

Worst case scenario: the markets go nuts, then they extend the limit—instant double recession.  Most likely scenario:  they cut a disastrous deal—stalled recovery.  Best case scenario: clean debt limit extension last weekWhat should have happened:  forget the debt for a few years and debate real fiscal stimulus—straight create some jobs. (WTF is a “job creator?” They’re sitting on cash, not creating shit.)

Before I go on and on about this, I’d just like to emphasize that Social Security is solvent until at least 2037.  The U.S. is not broke yet; just because goofballs keep repeating it doesn’t mean it’s true!  And, if the government is broke, why the hell are they talking about reducing top income and corporate tax rates!?

music, weather, miscellaneous rambling

I’m confused (as always)… I don’t know what to make of the pop music coming outta the U.K. the last couple of years.  Of course, much of it is kinda weak (being pop), but I think they’re going through some kind of renaissance.  Maybe they’ve finally gotten tired of making stuff exactly like American shit.  Well, a lot of it still sucks, but I’m feelin’ them remixes.  They were bland way back when, then it got better many decades ago, and it became trash again, but now I dunno.

And what has “indie” music become?  It used to be shorthand for “independent,” but now it should be called boring.  They should come up with better names for these genres; it’s like how “alternative” was actually pop-punk and nu-metal.  Soon as they turn mainstream, their names don’t make sense anymore. 

Additionally, certain guidelines are obsolete, so somebody needs to tell me what’s up on the electronic front.  There’s no consensus about which artists fit into the various categories; it’s all mixed up.  Nobody is using synths and beat machines anymore; they’re mostly producing with software, and that obviously makes the sounds mashed up.  They’ll act as if they’re fucking with the equipment during live sets, but you know they programmed that shit beforehand and just fudging on the margins.  (Notice that there’s usually a couple of laptops sitting around.)  Folks are getting into heated debates about what’s what, which I think presents prime opportunities for trolling.  Go to any music site, find an electro genre, drop some names, and wait for people to rage.  They’re often already raging.  People across the world (wide web) are fired up about this.

  Speaking of heat, the northern hemisphere is supposedly hot as hell right now.  Hide your kids and elderly; stay hydrated and all that.  I’m not sure what the big deal is though—it’s always hot in the summer.  See, we’re used to it in the south.  It’s not too bad this year, really.  It’s like the same temperature as in Minnesota, and it’s never hot up there… hah.  Seriously, it’s hotter in Kansas and Iowa than around here so whatever.  The heat is apparently rolling east so expect that coast to start bitching anytime now.  I heard they were complaining out in Europe too.  Check it, I’m sippin’ on warm tea, haven’t had to ice or freeze it yet.  Also, I’m still drinking green/oolong and didn’t bust out the various floral concoctions so you know it ain’t no thang.

We do need some precipitation; there’s a drought out here in Texas.  It rained a little around Houston the other day, but I think it immediately evaporated.  There were wildfires in parts of the state a while ago, and our fool of a governor is, well, acting a straight fool.  He’s talking about bringing a bunch of haters down to our city and praying for economic and climatic stability.  Uh, I don’t think it works like that.  You don’t create a huge deficit, cover it up with shady accounting, get a bunch of firefighters fired (I don’t mind po-lease layoffs), and then expect god to fix it all for you.  I swear, if Rick Perry runs for federal office, I’mma leave the country.  Look, even W. Bush doesn’t like Perry, and he was terribly ignorant himself.

To be fair, I was gonna GTFO the country regardless.

mental commodities

Insiders aren’t disclosing information about machinations to the public.  If they were, they wouldn’t be insiders.  Some people fucking with metals think they’re privy to closely held secrets about the supply of silver bars or gold nuggets.  They go around calling people “sheep” because we use cash backed by the government rather than some arbitrary metal which has no intrinsic value other than conductivity and shininess.  What you know ‘bout the elements?  Your money ain’t as liquid… might as well be trading water.

I’mma make some generalizations here; there are roughly 3 types of metal investors:  computers, gamers, and crazies.  I don’t really care about the computers and gamers, but they run the market.  They bump up the spot price, cover their positions real quick, and make mad money.  It sucks for everybody else because conventional wisdom references certain metals since they were historically used to store value.  The “sheep” are the crazy fools who think we’re on the imminent collapse of the monetary system because of such and such nonsense.  Do you really think bankers would let that happen?  Of course they would, but they’re going to try and extend it indefinitely to protect themselves so they can keep making actual money rather than shiny shit.  You don’t have the patience to beat algorithms or massive funds.  You got bills to pay; try busting out some bullion coins for payment of anything useful, they’d tell your ass to pay real money, and they’ll bank a little on the conversion too.

They should look into other stuff which aren’t controlled by the hivemind.  Perhaps something more practical.  Forget it, it’s like trying to convince folk it isn’t a conspiracy if everybody already knows what’s up.  They’ll just make more unnecessary correlations and get frustrated that nobody else sees their narrow ass picture. (We also see it, but it ain’t going down the way you say.)  No homie, your ass is insane.  Trust me, I’ve been there.  Difference is, I realized I was tripping and snapped out of it within weeks.  If you keep fucking with metals, you’re going to get stuck predicting financial armageddon like those people who try to forecast the other armageddon. 

Now, this national debt thing, lolwut

she’s back

And she’s in proper character, not as Svetlana or some bullshit “real” person, but as the queen of the trolls.  Hoard massive quantities of haterade because it’s about to get ugly again in a corner (read: asshole) of the internet.  Although she apparently sold out and is off her game in the new video, she still has the knack for stirring up pointless controversy and attracting legions of white knights.

I usually don’t write about stupid shit like this, but hardly anyone reads this so what the hell… if by now you don’t know who/what I’m talking about, then go about your business because this seriously isn’t important.

Anyway, the first time she inadvertently caused a shitstorm over 2 years ago, it caused anon to DDoS anonymous.  Now that she’s purposefully being an attention-whore, the same shit is brewing for similar yet distinct reasons.  In essence, she grew up and is trying to capitalize on her notoriety instead of hiding from it.  Random people are outraged, annoyed, disappointed and swooned just like last time.  This time it’s planned for entertainment purposes, which makes it a bit dodgy, but the “positive” and negative feedback is quite like before.  In my opinion, the video seems a little forced and is kinda whatever, but the reactions to it are still hilarious.  As soon as it was uploaded, there were remixes and jealous/hate response videos.  If the eHarmony cat lady wasn’t an obvious enough troll, this is just blatant.  She straight admitted she was acting, but some fools are still getting trolled.  I guess that’s why she’s the queen of /2nd letter of Latin alphabet/.

It makes me nostalgic for the days when the internet wasn’t retarded.  There were flame wars over stupid shit even then, but it wasn’t about perceived ADHD and overdone eyeshadow.  Dumbasses are saying she needs medication or that they want hers… no idiots, she needs to hone in her acting (slow down a tad) and darken the background.  Lighting is crucial in film, digital or otherwise.  Oh well, at least we get HD@1080p.

Avoiding Taxes: don’t “make money”

I’ll explain how easy it is to game the U.S. tax code.  I.R.S., don’t come after me; it’ll be a waste of resources.  By the time ya’ll figure out exactly what I did and collected evidence, you would have spent more money on the investigation than I theoretically made (hint: nothing).  Then, you’d understand why it’s silly—you’ll have to explain to someone why you wiretapped me etc. and recognize that I broke no laws.

Anyway, this type of shit goes against everything I believe in, but if you like the “free market,” it shouldn’t offend you.  The first step is don’t make any money, quite literally.  If you got bills to pay, try to shift debt around without paying too much interest to the banks.  Sometimes with decent credit, they’ll loan you money for years with low interest.  You might have to shop around, put down collateral, whatever.

Step two, don’t get a job and contribute to society.  They consider that income, and you’ll have to get taxed on payroll and all of that.  Instead, give advice to friends on how to invest their money.  You can’t call it a consultation because then you’ll have to charge them for the advice, and that’s also income.  Basically, do a bunch of “charity work.”  Look into tax credits and all that good stuff, if they try to say you’ve been working, reply “maybe, but I didn’t make profits” then charge fees for your advice and count that as income and pay those taxes. (If you’re doing it correctly, it should be next to nothing.)  It’s best if most of this money is overseas.  If you’re planning on getting rich, this isn’t going to work at all (unless you’re already in cahoots with a large institution; I’ll briefly mention that at the end).  I’m talking about the lowest income tax bracket.  This isn’t straight up tax evasion or fraud.  In short, you want to make as little income as possible and pay no capital gains or interest tax.  Also, try not to die, then it’d be pointless—this is more nuanced than the probate courts can handle.

Step three, after you made your friends some money, tell them to hold onto it because technically that’s their money.  They might have to pay taxes to whatever jurisdiction they’re in.  Then, they’ll owe you favors for giving them all this “advice/consultation.”  If you wind up giving bad advice, then you’re fucked and your friends will be mad.  In that case, ya’ll still don’t pay any taxes.  In addition, don’t get greedy and ask for all the money at once; that will defeat the purpose and you’ll get taxed.

After you’ve done all this, you’ll either have friends owing you favors or pissed off.  If they’re all mad, then this isn’t for you, go get yourself a real job and pay them back for their losses.  The trickiest part is collecting on these favors.  If you don’t ask them to move the money to you, then they can screw you.  Basically, you have to trust these people implicitly. 

Say if I wanted to go to London or Tokyo, I’d be like “yo, remember that time I helped with such and such; pay for my lodging, food, transport, etc.” 

I hope this gives some insight into our ridiculous system for paying taxes.  Someone could be theoretically not making any money, but instead helping people out for “no good reason,” and more importantly, not paying taxes.  It’s even debatable as to whether they’re participating in the economy, but you can eek out a living by bumming off your friends for quite a while.  On the other hand, if I showed someone a balance sheet with all this money I don’t have; they’d be like “why the hell are you giving away this cash.”  I’d respond with something like “because I don’t need the money right now, and I trust these guys more than the banks (or government who’ll pay random corporate interests).” 

Bottom-line, this is what happens when you have a disillusioned socialist engaging in bullshit capitalism; I thought the whole point of capitalism was to let the markets decide on labor costs and capital gains.  Well, my market isn’t denominated in real dollars so how are you supposed to tax me?  My homie owes me “big” because he made a large return. He paid his taxes; what’s that got to do with me?  Obviously, this is a very high risk scenario, and some people wouldn’t be able to do this:  1).  It’s hard to keep enough cash on hand without over-leveraging and incurring too much debt/interest.  2)  It’s difficult to manage these accounts which aren’t worth anything tangible to oneself.  3) Tons of things could go wrong on these non-investments *hint: don’t actually use other people’s money in the beginning*  4) Again, you have to trust people, which many can’t seem to do for some odd reason. 

More abstractly, let’s think about the implications of what would happen if many people did this.  You’d have a large financial sector, not creating any production value to the economy or allocating actual resources, making deals within itself to create arbitrary wealth.  My bad, this isn’t abstract one bit, it’s reality. 

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