Thursday, April 10, 2008

[rogue traders] ripping the heart out of the economy

Sometimes, to see the real nastiness of the modern and ancient finance, it's necessary to look sideways at a relatively undeveloped economy and watch the sharks in operation:

Sigurdur Einarsson, Chairman of the Board for Kaupthing Bank, has accused four foreign hedge funds of instigating a systematic attack on the Icelandic financial market and Icelandic banks.

Einarsson told Fréttabladid that they have gone to great lengths to profit from taking short positions in stocks and credit default swaps (CDS). He also contends that this assault has been defused by taking action against the hedge funds who intended to turn a profit by driving the banks to bankruptcy.

Einarsson explained that Kaupthing Bank has been in contact with international media representatives in an effort to explain the systematic attack undertaken by these speculators and the methods they have used to effect it.

Einarsson named four hedge funds in particular “who have undertaken this [market manipulation] with full force,” Trafalgar Funds, Cheney Capital, Landsdowne Fund and Ako Capital, all based in London.

Whilst Central Banks are still the main problem, the rogue traders such as hedge funds are out there wreaking their havoc as well.

Top Ten Rogue Traders here and look who is the special bonus trader! Sometimes, you know, I think we're a little bit hard on Gordon. David Farrer, a Scot, says this about his fellow Scot:

But what I don't understand is why Scottish, Unionist politicians have been so incompetent. People like Gordon Brown.

Well yes but look at this about the gold sell-off:

Between 1999 and 2002, Brown sold 60% of the UK’s gold reserves at $275 an ounce. It was later attacked as a “disastrous foray into international asset management” as he had sold at close to a 20-year low.

So the man's a non-comp, a wood duck and that is precisely the type of man they needed to groom for the job. The Hacker syndrome is alive and well. That's why this does not surprise in the least.

[honest pollies] camel through a needle



Iain Dale refers to the latest U turn:

April 1
At his Downing Street news conference on 1 April, Mr Brown said: "I think President Sarkozy said himself that he expected Britain, because we are going to host the next Olympics, to be present at the Olympic ceremonies and I will certainly be there." (source BBC News)

April 9

Downing Street "confirms" Gordon Brown will not be attending the Olympics Opening Ceremony.


... and I ask myself whether it is easier for a camel to pass through the eye of a needle than for a pollie to be honest and transparent.


[fatigue] look at the root cause


Tiredness - it's a major issue in our town - yesterday I fell asleep in the car on the way home while being driven :) but it was a happy tiredness as the work part of it had been quite rewarding.

Below is an article on tiredness and the points need to be heeded, yet there is an 11th point as well - the air we breathe - and in this city it is fetid. Virtually everyone has some sort of throat or bronchial problem, virtually everyone is worn out, weary.

Four years ago credit started to loom its ugly head and for a Russian used to the Soviet handout mentality, this was welcome news - more handouts at no personal cost - or so they thought. Every store had an upfront credit sign-up near the front door.

One spin-off from this is that in two years the cars on the road had doubled and now, after four years, they have quadrupled. You have to see the pall of sooty haze hanging in the air to believe it - Los Angeles eat yer heart out.

Most of the city leadership resides on the outskirts of the city near the forest.

So whilst the points below are excellent, perhaps we should also be thinking of getting out of the city.

How to overcome tiredness once your spiritual life is in order:

1. Slow down:
Go, go, go ... being on the go all day long can feel envigorating until you stop! Then the tiredness can knock you out so you feel exhausted. Don't be on the go all day. Slow down. Take tea breaks. Take lunch breaks. Have a stretch break. Have a rest break. Alternate activity with rest and you might find your tiredness stops.

2. Stop trying to do everything:

Each one of us can only do so much in a day. Tiredness can occur when we do too much. We can become depleted when we drive ourselves to perform, achieve or please everyone. If you want to stop tiredness, then stop trying to do everything. Be selective. Know your priorities and do them. When you are doing your priorities your stamina will last longer, as your stamina gets recharged along the way.

3. Get a good night’s sleep:

Ah! The luxury of a wonderful cosy bed, in a nice dark and quiet room, feeling peaceful and sleeping well. Good quality sleep recharges our batteries, it rejuvenates us, it stops tiredness, fatigue and exhaustion. Do everything you can to sleep well, every day. Get regular, good quality sleep to stop fatigue and overcome exhaustion.

4. Reduce your stress:
Stress and tension can eat away at your energy at an alarming speed. When you worry, fret and get anxious about things you are chewing up your energy. To stop tiredness and fatigue therefore, take care of yourself and reduce your stress and tension. There are many ways to relax. A relaxed contented person usually has healthier energy levels and more stamina than a stressed and tense one.

5. Eat well for you:

The food you eat has a high impact on how you feel and how high your energy levels are. Eat the foods that don't leave you feeling tired after eating. Choose to eat the foods that leave you feeling alert and vital. Often high fat foods, for instance, can clog up your whole system, and once the initial "yummy" taste has passed you are left feeling tired and worn-out.

6. Choose your social activities carefully:
Are your social activities leaving your tired? Partying all night can leave people on a short-term high and long-term exhaustion. Constantly being stimulated and excited, and interacting endlessly with people, can run down energy and make people tired and exhausted. Driving around from one place to another, propping up the bar in the pub or being with negative people can make you tired and use up your stamina quickly. Pick a good balance of social activities that re-charge your energy and give yourself time to rest as well.

7. Say "no" to your children:

If you have children or teenagers there is always the danger that you will run yourself ragged if you give into their constant demands to be driven or taken "here, there and everywhere". Sometimes you might have more energy if you say "no" to some demands. I know one single Mum, of three children, who says "no" to running her children around on Sundays, for example, so she has one day of rest. Six out of seven days as a taxi driver seems more than fair. Her stamina gets recharged on Sundays!

8. Exercise:

No matter how much you hate it, exercise is a necessity. Even when people are tired and can't be bothered to go for a walk, if they do it they can come back afterwards feeling more energised. It may sound odd but sometimes we have to spend energy to get energy. Sometimes we have to test our stamina to strengthen our stamina. Finding a friend to walk with can help motivate some people to exercise, while having a dog to take for a walk can help others. Motivate yourself somehow to exercise.

9. Meditate:

When I get home from work tired, I meditate. Afterwards I have more energy. Meditation can recharge people's batteries and stop tiredness from taking over. Tai chi, yoga and similar activities can also help people reduce tiredness.

10. Expect and adapt to change:
People who want everything to be "just right" and to stay the same - can become exhausted and run-down. We live in a world of raging change. Expecting things or wanting things to stay the same may wear you out. If you accept change energy may flow more easily and your stamina stay strong.

To this I'd also add feng shui and doing one kindness a day .

As in the thought of the day last evening, we can make changes if we feel strongly enough about them. We can make quantum shifts to our lives and they'll be efficacious as long as they are not repeating the same old mistakes, e.g. going from one 9 to 5 job to another.

The only limitations are the power to conceptualize these required changes and the mettle to carry them out.

Wednesday, April 09, 2008

[thought for the day] wednesday evening


"The only thing that stands between a man and what he wants from life is often merely the will to try it and the faith to believe that it is possible."

[Richard M. DeVos]

[gay mafia] alive, well and targeting youth


The existence and power of the gay mafia

Not only is there a gay mafia but it is recognizable, well funded and politically active.

The "Gay Mafia" and "Velvet Mafia" are typically associated with the upper echelons of the fashion and entertainment industries, and the terms are also used humorously by gay people themselves, some looking to David Geffen as the unofficial head.

They're well funded and active:

Stonewall, the leading gay rights organisation, has an annual budget approaching £1 million, much of which is raised through the business community. Sponsorship, advertising and corporate fund-raising deals bring in enough revenue to fund a slick campaign, a spacious suite of offices in central London and a regular stream of champagne receptions and events.

And very much involved in changing legislation:

In a survey by YouthSpeak, the gay rights youth group which I chaired for a while, it was found that 84 per cent of young people valued social changes over legal reforms, and that over 70 per cent thought that most gay rights organisations put too much emphasis on trying to change laws.

Like most PC advocates, the gay mafia has clout in its chosen areas of influence and has interwoven with powerful people:

The former head of the CAA talent agency made the accusation in an interview for the August issue of Vanity Fair. Ovitz accuses record mogul David Geffen, co-founder of DreamWorks SKG, of leading the gay Mafia, which includes a few business leaders who are not gay, such as Michael Eisner, CEO of Disney.

Ovitz, who sold his company, the Artists Management Group, in May for $12 million, says he doesn't understand why he is so hated by the group.

... and with public authorities:

Leicester City Council funds a Lesbian, Gay and Bisexual Centre which runs a regular "Lesbians making babies" workshop to teach the principles of self-insemination. The centre receives £35,385 from local authorities.

... or

It is a criminal offence to commit a homosexual act in public whether it be in a public lavatory ("cottage") or a public park ("cruising ground"). Yet Lambeth, Southwark & Lewisham Health Authority have published a step by step internet guide to "making cruising more enjoyable" which provides advice on what to do if you are arrested.

... or

Camden and Islington Health Promotion NHS Trust provide a fully searchable internet database to help homosexual men find gay saunas, "leather bars" and other places where they can break the law and engage in the very activities which most place their health at risk.

Not long ago they targeted the last bastion of male youth - the Boy Scout Movement, seeking to allow the recruitment of gay counsellors and attacking the movement's refusal to countenance this:

We see this process working every day in the competitive market. The rights of boys are not violated because the Girl Scouts exclude them. The rights of Presbyterians are not violated because Catholics won't give them Holy Communion. The rights of girls are not violated because the NFL won't let them play. Each exclusion creates a new market niche, and all together they form real as versus coerced diversity.

The gay lobby construed their blocking as an attack on human rights:

If I had suggested to you 10 years ago, that the Boy Scouts of America would come under attack by the homosexual lobby, you would have declared that prospect preposterous too. Face facts, the homosexual lobby is a subversive organization which is working to redefine traditional (male/female) families. They won't stop until they are stopped! Live and live yes, but don't shove the crap down my throat! [Stephanie M. Davis]

The false constructs of homosexuality and sexual orientation

Perhaps the most insidious aspect, due to its subtle message spanning a growing generation of youth, are the social constructs "sexual orientation" and "homophobia", trotted out as freely as "conspiracy theorist" and given hijacked titles such as "Human Rights" which has about as much connection with the gay mafia as "Democratic" has to the former "Democratic" Soviet satellites.

For a start, these constructs are built on a false first premise:

The reason why there was no word for homosexuality in Chinese was because it was never seen as a defining or integral part of a person’s identity. Male-male sexual and romantic bonds were construed as relationships between two people as opposed to a psychological essence that defined either person. Moreover, these same-sex bonds were seen as a perfectly acceptable and natural way of life in Imperial China (Hinsch, 1992).

Part of the reason why gay culture exists is as a counter-reaction to the oppression and marginalization of homosexuals over the past 150 years in Western culture, but the reason why that marginalization occurred in the first place was because a special category of life-long sexual preferences was created and defined as psychologically aberrant. There are two assumptions that were embedded in that definition and both are problematic. First of all, the concept of homosexuality, and more importantly our conceptualization of sexual orientation, assumes a life-long predisposition.

It is just not so that only birth is the primary factor and that one will be homosexual from birth to grave.

As a former boarding housemaster of a senior boys' house, I can cite you many cases of overt homosexual [needs really to be seen as bi] activity, particularly around Class 8/9 level and the reaction of the married couple and myself who ran the house was to not make too big a deal of it.

Many readers know I'm public school educated and the instances I can cite there where homosexuality was displayed are beyond count. Most boys grow out of this but those who don't grow out of it find themselves in a lifestyle and community in which such activity is acceptable. Hence Burgess, MacLean and Blunt.

As Julie Bindel puts it:

Attempts to identify a genetic basis for homosexuality refuse to accept that sexual desire is a social construct. If we wanted to be straight, we would be.

Youth orientation and interference

The most insidious aspect of the constructs themselves is the interference with youth sexually maturing in its own way. Quite simply, the gay lobbies wish to reach a young group and present to them "choices", not as "straight" and "aberrant" but as two equal choices as one would choose between Republican and Democrat.

An article on youth suicide says:

My own experiences with a sexual minority youth groups in Calgary from 1991 to 1996 has taught me to give warnings with respect to anyone contemplating the referral of a youth to such a group, especially with respect to accountability and honesty issues. For example, trouble in Calgary's gay community began after I had been reporting some unwelcome "community" truths, such as the reality of adolescents boys relating sexually with much older gay males because they often were only attracted to older males, and about boys ending up in gay clubs by the age of 14 years as a result of their contact with the gay and lesbian youth group.

I also reported realities such as an 1994 observation made by a 19-year-old Calgary gay youth leader. On the basis of his experiences with many gay youth groups in Canada, about half were reported to be "fuckfest" (sic) groups. He noted this, however, only after I reported what I had overheard a Calgary Gay Lines peer counselor tell a teenager who had called for advice. He was told not visit the gay and lesbian youth group because he would only get "fucked there" (sic).

The great lie the gay mafia peddles is that they are not paedophilic and that large numbers of paedophiles don't prefer boys [not in an overall majority but most certainly they do]:

In 1995 the homosexual magazine "Guide" said, "We can be proud that the gay movement has been home to the few voices who have had the courage to say out loud that children are naturally sexual" and "deserve the right to sexual expression with whoever they choose. …" The article went on to say: "Instead of fearing being labeled pedophiles, we must proudly proclaim that sex is good, including children's sexuality … we must do it for the children's sake."

... or

Larry Kramer, the founder of ACT-UP, a noted homosexual activist group, wrote in his book, "Report from the Holocaust: The Making of an AIDS Activist": "In those instances where children do have sex with their homosexual elders, be they teachers or anyone else, I submit that often, very often, the child desires the activity, and perhaps even solicits it."

... or

PFLAG has created a national campaign called, "From Our House to the Schoolhouse," distributing to school officials – among other materials – a booklet entitled, "Just the Facts About Sexual Orientation and Youth: A Primer For Principals, Educators, & School Personnel.
... or

Avon Health Promotion Services encourages children as young as 13 to act out role plays in class where their roles include: "Married man who was 'done' for cottaging... S & M heterosexual woman....transvestite cabaret artist". [Cottaging is the slang term for homosexual activity in lavatories] The video Avon has produced for schools targets pupils "Questioning their sexuality" and seeks to develop "coming out" skills. It ends with one boy saying "try experimenting with other boys and girls and see who you feel most comfortable with".

... or

Haringey Council's Outzone project seeks to provide homosexual youth workers to go into Haringey and Barnet schools. The project is funded by local health authorities.

... or

Oxfordshire County Council funds homosexual youth workers to "build appropriate relationships" with young people "unsure of their sexual identity".

Young people "unsure of their sexual identity"? And who determines this? And what sort of lifestyle does the gay community have?

The real threat to homosexual Americans is not discrimination but physical devastation. The average life span of an American man is 73. The average smoker lives to 66 years of age. The best available research suggests that the average life span of male homosexuals is around 43 years of age. Forty-three.

When Elizabeth Birch of the Human Rights Campaign took him to task for using Dr. Cameron’s data, Mr. Bennett replied that he didn’t just get it from Dr. Cameron. He had a second source to support his statement — this passage from Jeffrey Satinover’s 1996 book Homosexuality and the Politics of Truth:

In April 1993, three researchers presented a paper to the Eastern Psychological Association… They found that the gay male life span, even apart from AIDS and with a long-term partner,is significantly shorter than that of married men in general by more than three decades. AIDS further shortens the life span of homosexual men by more than 7 percent.

Outing

If none of the aforementioned stirred anything in you, then perhaps the practice of "outing" might. In the name of eliminating hypocrisy, the gay community is well known for periodic bouts of exposure of their own people:

In the late twentieth century, outing became a common term for taking someone "out of the closet" - that is, publicising that someone is gay. The term can be used to refer to any publicising of a person's homosexuality without their consent

The counterproductive effects of this and the justification for it are mentioned here:

So if exposing someone’s homosexuality might help a larger cause, is there a principle that nevertheless holds that their privacy should be sacrosanct? Rep. Barney Frank, who came out voluntarily in 1987, has said that closeted politicians “don’t have the right to be a hypocrite; you don’t have a right to exempt yourself from the negative things you do to other people.”

Meaning that because you're gay, it's quite OK to expose someone else who is because you yourself think it's better if he does. Nice thinking.

And of course there is always the Church to out:

The "outing" of 10 gay Bishops by OutRage! during the Church of England General Synod last November was arguably the biggest and most successful "outing" accomplished anywhere in the world. Previous "outings" by gay activists (mainly in the US) have been generally confined to naming lone individuals. None have ripped open the closet doors of an establishment institution quite so decisively as the OutRage! revelations in front of Church House, the London headquarters of the Anglican Church.

Outrage! Not one or two homosexuals but a recognizable organization dedicated to violating basic ethics - violating the right of a person's personal sexuality to be a matter between him and his partner.

So yes, I have many homosexual blogfriends and some personal friends I imagine are that way inclined. Good luck to them - they are consenting adults and can do as they wish, a point I made earlier today.

But the political propagation of said behaviour and the institutionalization of it in law to the point of making normal family oriented people criminal or vilified in opposing this propagation, e.g. in Penguin or the youth orienting of their message - this is something up with which I shall not put.

[penguin power] fighting the gay mafia

Penguin - what is it a symbol for?

In what would have to be one of the more bizarre episodes in world affairs, the small town of Penguin in Tasmania is at the centre of a "gay" controversy involving property development:

Property developer Stephen Roche had plans to transform the spectacular ramshackle town of Penguin, on Tasmania's north-west coast, into an exclusive holiday spot.

But Mr Roche's development dreams were tainted last year after he was subject to death threats and a mail campaign that urged residents to say no to an "influx of gay Sydney men" and to "think of their children".

Mr Roche had a dead wallaby nailed to the door of one of his properties and his partner, Keith Westerby, left Penguin shortly after the campaign to take up a job in the Middle East.


The PC media then decried this:

Julian Punch, state co-ordinator of the Coming Out Proud program, said Mr Roche's departure was a sign that gay business people were still deterred from moving or investing in the state because of an "old, dominant homophobic culture that reigns supreme and unopposed" in many rural areas.

OK - so time for this blog to buy into the gay issue.

It hasn't done so to date because many of my fellow bloggers are gay and the blog didn't particularly wish to push it. But now I'm going to say, "Great. Good on that town for standing up to the gay mafia and against the global push for deviant sexuality forced onto a heterosexual, marriage based normal society."

Far from being "backward" or "homophobic", this is a positive stance - "pro-normality". These residents said "enough is enough" about the whole culture pushed onto society, with its drugs, family breakdown, teen pregnancies, homosexuality unleashed onto kids as "equal and opposite" when it is anything but and the whole bundle of policies most people don't want a bar of.

In the 80s I was actually part of a gay social scene [yes - it's true], went to their inner city parties and did all but partake of the offerings. There was no problem with individual gay men and women. They do what they do and I don't interfere.

Human sexuality is a private affair and neither lobbies nor the state have any place whatsover in the matter, let alone pushing their views onto schoolchildren.

There is an enormous problem with this town being flooded with gays from a major metropolis and residents forced to accede to something they simply don't want and don't believe is right.

Well done that the gay mafia has been stymied at least in this small way.

So now the words "gay" and "rainbow" have been hijacked from the vocabulary without any of us being asked our opinion, maybe the word "penguin" can also be hijacked to represent the fightback against a culture which actually criminalizes me for saying that I don't want a bar of homosexuality in my own private life though what my friends do is a private matter between them.

And one last thing - the morons who did that to that wallaby should be rounded up and incarcerated for cruelty to animals.

[Naturally there'll be a backup post this evening where the links will be. Time this lobby was nailed.]