Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1403092 Comments:2390
"When civilizations start to die they go insane. Let the ice sheets in the Arctic melt. Let the temperatures rise. Let the air, soil and water be poisoned. Let the forests die. Let the seas be emptied of life. Let one useless war after another be waged. Let the masses be thrust into extreme poverty and left without jobs while the elites, drunk on hedonism, accumulate vast fortunes through exploitation, speculation, fraud and theft. Reality, at the end, gets unplugged.
We live in an age when news consists of Snooki’s pregnancy, Hulk Hogan’s sex tape and Kim Kardashian’s denial that she is the naked woman cooking eggs in a photo circulating on the Internet.
"The one really good thing, that I don't dispute, that you can do with a good FICO score is buy a house with a fixed-rate mortgage and get a lower interest rate that can save you a ton of money over the life of the loan," he says. "But other than that, there is really nothing you can do with a high FICO score."
In fact, he says, a good FICO score often leads to a bad FICO score, because people are able to take advantage, and often do, of unnecessary credit that ultimately leads to more debt.
One prime example is a car loan, which he says you should never take out in the first place. "The best thing people can do for their lives, in terms of happiness, is to avoid monthly payments entirely whenever possible," he says.
Forget New, Buy Used
Buying a used car these days not mean driving a vehicle with 100,000 miles and severe maintenance issues, Bissonnette says. Used cars are not only cheap but safe drive too. His suggestion is to buy a used car for just a couple thousand dollars. Not only will your bottom line not suffer from instant depreciation of the car the moment you drive it off the lot, you will also not likely need to buy collision insurance.
"When civilizations start to die they go insane. Let the ice sheets in the Arctic melt. Let the temperatures rise. Let the air, soil and water be poisoned. Let the forests die. Let the seas be emptied of life. Let one useless war after another be waged. Let the masses be thrust into extreme poverty and left without jobs while the elites, drunk on hedonism, accumulate vast fortunes through exploitation, speculation, fraud and theft. Reality, at the end, gets unplugged. We live in an age when news consists of Snooki’s pregnancy, Hulk Hogan’s sex tape and Kim Kardashian’s denial that she is the naked woman cooking eggs in a photo circulating on the Internet.-Chris Hedges
"that the mainstream media and the government officials were all bribed or intimidated by Merck’s lawyers, lobbyists, and advertising budget into averting their eyes or holding their tongues. But from 2004 onwards, huge numbers of America’s toughest trial lawyers were suing Merck for billions based on Vioxx casualties – didn’t they notice the dramatic drop in the national death rate? “
“The inescapable conclusion is that in today’s world and in the opinion of our own media, American lives are quite cheap, unlike those in China.” “Besides,” says Unz laughing, “it shows the stupidity of our political leaders that they didn’t seize upon this great opportunity. They should have just renamed Vioxx the ‘Save Social Security Drug,’ and distributed it free in very large doses to everyone, starting on their 65th birthday. Maybe they should have even made it mandatory, three times per day.
"So the CEO is the point failure mechanism where if he or she goes bad, almost everything may go bad as well. So all those things that we call internal and external controls, all report to the CEO and the CEO therefore can, as I’ll describe, use compensation, hiring, firing, praise, and such to produce the environment that will commit, create allies for his fraud. Now, note that what I’m saying.
The CEO, the art of this is not to defeat your controls. The elegant solution as in mathematics is to suborn the controls and turn them into your most valuable allies. And therefore, for example, when you’re running accounting control fraud where your weapon of fraud is accounting and that weapon of choice in finance is accounting. You’re going to want to hire the most prestigious accountants as your outside auditors because it is precisely their reputation that is most valuable when you can suborn them. -Bill Black, Control Fraud
Why does the boiling frog story apply to people if not to actual frogs? The answer is simple. Human beings are built to adapt to new conditions. Generally speaking, they don't notice gradual change, they simply get used to it. People were designed by Nature to react quickly to sudden changes. They were not designed to notice that this year, and for many years before that, conditions got a little worse than they were the year before. Humans live in an eternal present. This observation is well-known to those who study such things. It is not original with me.
