Wednesday, July 27, 2011

Time Travel Theory

From my own experience Time needs to be viewed much as you would a trunk of a tree and its branches and on out to its twigs. And like a tree every year the branches and twigs grow and new sprout twigs go out. So, time is not static it is ever changing like a tree. Also, it is as if all bodies in space are their own trees in a forest of Time. So, a sun or star has its own separate branches and trunk and twigs of time and so does every planet. However, just like nearby trees sometimes touch twigs or branches, bodies in space sometimes touch branches or twigs. If you view every tree trunk and every branch as a somewhat separate thing but still all connected you have all the main(trunk and main branches of time) and you have the smaller and less significant twigs in every set of time lines (Tree) springing from every body in space like a star, planet, nebula, galaxy or dimension.

As a very gifted intuitive I learned to consciously soul travel first around earth and then around the galaxy and then through time I began to recognize things that I really couldn't make any sense of. In fact I ran into things that completely terrified me in my twenties. The most terrifying of all for me was going in my soul out beyond the edge of the galaxy into what some call the void.

Now this could be considered a timeless spaceless place, but in fact it is also something else entirely. The best way I can illustrate this to you would be to say, "Imagine that you and I here on earth are living inside the body of a jellyfish which is alive which we call our galaxy. So when I as a soul went beyond the jellyfish of our galaxy, life as I knew it did not exist. Life not existing but me still existing was just so very crazy that I came back to my body on earth and decided I was just so freaked out by the void that I gave up consciously soul traveling for several years because I was so terrified by this experience. It wasn't until I began to meet Tibetan Lamas who understood this void and just sitting in their presence allowed me to have peace with it again. However, this process also got me to understand that we all live inside and organism that we call a galaxy which is a living thing. This organism contains almost an infinite amount of time lines and spaces. So you and I literally live in one space time continuum inside of the organism which is the galaxy that contains almost an infinite amount of space time continuums. I suppose it could be said they are all one. However, for us humans it might be more useful to say that we live in one space time continuum in a galaxy of and almost infinite space time continuums. And this would be true in between galaxies and in all galaxies even though they all are slightly different just like people are.

Bank of America Bulldozes some of its Houses

BofA Donates Then Demolishes Houses to Cut Glut

bloomberg
, On Wednesday July 27, 2011, 10:43 am EDT
Bank of America Corp. (BAC), faced with a glut of foreclosed and abandoned houses it can’t sell, has a new tool to get rid of the most decrepit ones: a bulldozer. end 1st quote.

This is something none of us thought we would ever see, where it would be more cost effective for a bank to bulldoze some of its houses than any other solution. Though the homeless would be horrified by this, this still is what Bank of America is doing to some of its foreclosed homes that it can't find buyers for.

begin next quote from same article:

The biggest U.S. mortgage servicer will donate 100 foreclosed houses in the Cleveland area and in some cases contribute to their demolition in partnership with a local agency that manages blighted property. The bank has similar plans in Detroit and Chicago, with more cities to come, and Wells Fargo & Co. (WFC), Citigroup Inc. (C), JPMorgan Chase & Co. (JPM) and Fannie Mae are conducting or considering their own programs.
Disposing of repossessed homes is one of the biggest headaches for lenders in the U.S., where 1,679,125 houses, or one in every 77, were in some stage of foreclosure as of June, according to research firm RealtyTrac Inc. of Irvine, California. The prospect of those properties flooding the market has depressed prices and driven off buyers concerned that housing values will keep dropping.
“There is way too much supply,” said Gus Frangos, president of the Cleveland-based Cuyahoga County Land Reutilization Corp., which works with lenders, government officials and homeowners to salvage vacant homes. “The best thing we can do to stabilize the market is to get the garbage off.”
BofA’s 40,000
Bank of America had 40,000 foreclosures in the first quarter, saddling the Charlotte, North Carolina-based lender with taxes and maintenance costs. The bank announced the Cleveland program last month, has committed as many as 100 properties in Detroit and 150 in Chicago, and may add as many as nine cities by the end of the year, said Rick Simon, a company spokesman.
The lender will pay as much as $7,500 for demolition or $3,500 in areas eligible to receive funds through the federal Neighborhood Stabilization Program. Uses for the land include development, open space and urban farming, according to the statement. Simon declined to say how many foreclosed properties Bank of America holds. end quote.

The highest foreclosure rates I believe in U.S. History was during 2008 of 2.8% foreclosure rate. Our present forclosure rate in the U.S. is 1 house in 77 which is approximately 1.3%. However, the glut of foreclosed houses is clogging the market now which is leading Bank of America and potentially other banks to donate and demolish their presently unsalable properties.

begin quote from:

October 3, 2008

Home foreclosure rates past and present.

There is a LOT of talk right now about high home foreclosure rates. From how bad some people make it sound, it seems as if every other home owner in the country right now must be currently in foreclosure. Currently the foreclosure rate is around 2.8%. That is a historical high. How high is that really compared to previous decades?

This FDIC report from 1998 has data on foreclosure rates from previous decades. That document has foreclosure rates listed for 1950 to 1997 in the appendix.

Foreclosure rates for 1950 to 1997:


If you look at the period from 1970 to 1998 you can see that the foreclosure rates had gradually increased over those 3 decades. The FDIC article also has some interesting discussion on the why foreclosure rates have increased gradually over the years. Interestingly they don't find a strong correlation between unemployment rates or interest rates and the foreclosure rate. So in other words the foreclosure rate didn't seem to go up directly in relation to high unemployment or high interest.

Another document from the Federal Reserve in St. Louis looks back at the foreclosure rates around the great depression.

They give foreclosure rates for the years 1926 to 1941 :
You might look at this data and conclude that the problem right now is worse than the great depression. But the report points out that the delinquency rate on mortgages in the 1930's was much much higher than it is now: "Thus, at the beginning of 1934, approximately one-half of urban houses with an outstanding mortgage were in default (Bridewell, 1938, p. 172). For comparison, in the fourth quarter of 2007, 3.6 percent of all U.S. residential mortgages and 20.4 percent of adjustable-rate subprime mortgages had been delinquent for at least 90 days."

So back in the great depression nearly half the people were behind on their mortgage. Today only around 4% of people are delinquent.

Another interesting report on recent foreclosure rates is from the Clevelend Fed. They show the foreclosure and delinquency rates for both prime mortgages and subprime mortgages. Their data is very revealing about how the current problem is almost entirely with the subprime mortgages.

Here's a chart from that report showing foreclosure starts for prime mortgages in blue versus subprime in red:

Looking at that chart we can see that prime mortgage rates foreclosure rates have been pretty flat for the past decade. Its really the subprime mortgages foreclosure rates that have been high.

Life is what Happens---

"Life is what happens while we are busy making other plans".

This statement is just so true it is sickening. And any of you who have "SURVIVED" past age 27 and 30 know it well.

My daughter and her boyfriend live very remotely in Oregon and don't watch TV. They are into the Internet and Netflix only for media. So, last night my younger 15 year old shared the first two episodes of "Glee" on DVD with them. They loved it. So I watched it with them. The very first "Large Group" song was Amy Winehouse's "No Rehab". I was horrified at the relevance of the meaning of the song that had killed Amy Winehouse this week.  She had valued her fans and her career more than she valued staying alive and it had cost her her life just like all the others in the "27 Club" over the years.

This  morning now I realized that Amy Winehouse's death also symbolized "The whole western World" in the sense that the excesses of the welfare state combined with the "Military state" carry over from World War II are also killing the western world's economies during the last economic downturns since 9-11.

Things are just so bad now where we spend 40 cents out of every dollar in interest payments to our creditors as a nation that we are close to defaulting. If you read Default, one of my documented blog articles on our and the Latin American nations of the 1970s and 1980s move toward default, you will read that when debts go up to 50 cents on the dollar default is almost automatic in any nation on earth of their debts. We are that close.

Because of this, it is likely we will lose some or all of Medicare and/or Social Security and we will tend to lose 1/2 to 1/4 of our military. The alternative is to lose our whole nation. And the decision for this is what is happening in our congress right now. All the planning on both the left and the right side of the aisle means nothing if we don't just decide to survive as a nation. If we don't bite the bullet and do whatever it takes to survive, ANY planning actually means less than nothing. Will we as a nation be another Amy Winehouse, addicted to our pride and our military and our social programs? Or will we choose to survive as a nation?  Remember, Pride comes before the fall.

Neither party is asking the most important question of all. "Do we want to survive as a nation?" Or are we going to let our pride kill us like Amy Winehouse?

Amy Winehouse - Rehab (on Later Live)



 

Tuesday, July 26, 2011

California Dream Act Signed into law by Governor Brown

http://news.yahoo.com/california-dream-act-approved-illegal-immigrants-013617230.html
begin quote from above article
LOS ANGELES (Reuters) - California Governor Jerry Brown signed into law on Monday a bill allowing illegal immigrants to receive privately funded scholarships to attend the state's public colleges and universities.
The bill, dubbed the California Dream Act, passed the state Legislature earlier this month and aims at helping illegal immigrants who earned a diploma after attending at least three years of high school in the state. end quote.

Many of you think this was just passed for people from Mexico and Latin America. However, in California is Silicon Valley which at this moment is booming once again. And since there are not enough fully skilled High Tech workers in any one country or state, it is to California's advantage to be able to give scholarships to "All" illegal alien excellent students who have gone to three years of High School in California who have come from any nation. This is more about lifting California out of a severe financial depression than anything else. Every state or country needs brilliant students to change their economic bottom lines for the better, no matter where they come from.

Writing About Time Travel

I write about time travel because I know it exists in multiple forms and always has here on earth and throughout the Galaxy, likely for millions or billions of years. And before that likely it has been present in possibly all galaxies past, present and future. But I mostly write about time travel because people need to not disbelieve it. Human physical survival demands enough of them being convinced that it exists. The more denial of its existence from both scientists and governments the more likely it exists and actually means that governments don't want their people to suspect it exists. Only through being aware of the likely existence of time travel ongoing throughout all time past, present and future will humans have any chance now of long term survival here on earth or beyond. Because even if most people don't have access to it, it is important to know that some people do. I am not one of these. I have no time devices or physical access to them. I simply know they exist for a variety of reasons. The truth is out there. The more you are dissuaded by governments in all misinformation that it doesn't exist only means that it does exist. This is also something for you all to think about. Your personal survival and your children's and theirs and theirs and theirs depends upon all  knowing or suspecting that it does exist, has existed and has always existed both here on earth and beyond earth always.

We are Reinventing Ourselves

Every time you do something new it could be said that you are reinventing yourselves. Every nation on earth right now is either doing this or moving towards entropy and non-existence. For example, we here in the U.S. are having a difficult time getting over our successes that we had from the 1950s (Starting with being the only large nation standing after World War II). So we are presently having more trouble reinventing ourselves because we succeeded on a different model than Globalization. So it confuses our traditions since world war II. But, we too, must jump on the reinventing bandwagon or be lost in the world rush to greatness based upon a whole new model of globalization. Americans in general don't like what globalization has done to our country. Circuit City is gone, Blockbuster may be gone soon, now Borders will be gone by October 1st. 100s of medium to large businesses in the U.S. are permanently gone with millions of U.S. citizens without jobs with no end in sight. Out last Space shuttle mission landed last week with 9,000 to 10,000 jobs permanently gone from the end of the shuttle and I saw that splashdowns will become the new norm starting in 2017. So in some ways we are going backwards.

But hopefully, that is only temporary. It is important to understand that in some ways 1950 to 2001 was a fluke. How many times does a world war happen that leaves your country as literally the last fully functioning large nation happening? Once in 1000 or 2000 years? It is time we got over ourselves and our traditions of the past 50 years and move forward developing on the new existing models of change here on earth. We need to reinvent ourselves again. We are the best at it on Earth over the last 200 years. Who are we? We are reinventing ourselves as I write this. Get ready world!

Monday, July 25, 2011

Default

To Better understand what a country in default actually looks like the easiest way I know is to look at the Latin american debt crisis that occurred during the 1970s and 1980s in Latin american countries.

Begin quote from Wikipedia under the heading "Latin American Debt Crisis". 

Latin American debt crisis - Wikipedia, the free encyclopedia

 

Latin American debt crisis

From Wikipedia, the free encyclopedia
The Latin American debt crisis was a financial crisis that occurred in the early 1980s (and for some countries starting in the 1970s), often known as the "lost decade", when Latin American countries reached a point where their foreign debt exceeded their earning power and they were not able to repay it.

Contents

[hide]

[edit] Origins

In the 1960s and 1970s many Latin American countries, notably Brazil, Argentina, and Mexico, borrowed huge sums of money from international creditors for industrialization; especially infrastructure programs. These countries had soaring economies at the time so the creditors were happy to continue to provide loans. Between 1975 and 1982, Latin American debt to commercial banks increased at a cumulative annual rate of 20.4 percent. This heightened borrowing led Latin America to quadruple its external debt from $75 billion in 1975 to more than $315 billion in 1983, or 50 percent of the region's gross domestic product (GDP). Debt service (interest payments and the repayment of principal) grew even faster, reaching $66 billion in 1982, up from $12 billion in 1975.[1] end quote from wikipedia.


As I was watching President Obama speak tonight on TV I realized that we were looking at a 70% to 80% chance of default of U.S. Loans ahead for the U.S.  I thought to myself what this would cost not only the American People but also the Republicans and Democrats? My calculation would be that Obama might not be re-elected and the Tea Party Republicans would never get voted in as even dogcatchers in their home towns after this. They would be pariahs. Obama might retire on his Presidential pension and write books. But then I thought "what if defaulting was in U.S. strategic interests?" This put a completely different slant on all this so I went to Wikipedia and found the above site called "The Latin American Debt Crisis" to look for some clues. By the way the Savings and Loan Debacle in the U.S. (you notice there are NO MORE Savings and Loans now!) was one of the things that happened here in the U.S. when Latin American nations defaulted on Loans given to them by American Savings and Loans and many U.S. depositors lost their life savings and some committed suicide because they lost everything and were over 50 or more years old already. If the U.S. actually does default it could look like the Savings and Loan debacle in other countries holding U.S. debts. Tonight I realized this could actually happen. The odds right now might be as high as 70% to 80% that there will be a U.S. default the way things presently look.

Later: By the way here is a quote from a July 26th 2011 news article:
California planned to borrow about $5 billion from private investors as a hedge against a possible federal government default. end quote.

next quote same article: Obama has said he can't guarantee Social Security checks and payments to veterans and the disabled would go out on schedule. end quote.

Next quote same article:
But many tea party activists abhor political compromise. They insist that their elected officials stand on principle, regardless of the consequences.
"A lot of the tea party guys owe certain support groups," said Rep. Walter Jones Jr., R-N.C. He said he had not decided how to vote on Boehner's bill.
Freshman Rep. Trey Gowdy, R-S.C., bristles at the notion that tea party-influenced newcomers are sheep-like ideologues willing to risk default. "We're not a bunch of knuckle-dragging, mouth-breathing Neanderthals," Gowdy said. "We're interested in answering what we perceive to be the mandate, which is to stop the spending and change the way Washington handles money." end quote.


Here is the article I'm quoting from in all quotes above except for the first wikipedia quote at beginning of the blog article:

http://news.yahoo.com/boehner-delays-vote-debt-ceiling-measure-011558558.html

Here are my thoughts about the most recent quotes above:

There is no doubt that the principles espoused above by the Tea Party are admirable. The problem with this is the only way our government has ever worked is by compromise. Unless compromise is adopted by the "Tea Party" then likely the Tea Party as an idealistic but non-pragmatic and non-compromising group will likely cause the Tea Party to cease to exist. I find this as being very unfortunate because in principle they are right to want a balanced budget. However, in real life our congress never has and never will operate without compromise. This was how our nation was designed. Without compromise our country as a democracy will simply cease to exist.

1 in 5 American men can't find a job in this economy

One in five American men don't work: Where's the outrage?

If you are interested in reading this news article click above "One in five"

I think a better way to say it is 1 in 5 men cannot work in this present economy. This also means that there might be 20% less money spent in this economy because of this. I'm not sure this is a direct provable correlation however. So, the main reason this present economy cannot work for our nation is that 20% of American Men cannot find a job, or gainful employment. This doesn't mean that some of these men don't have part time jobs or are underemployed. This means there are no good useful full time jobs available for them that they are trained for.


Also, in this world there is something called "Being self employed". I personally found being self employed much more rewarding than being "employed" always. However, I had to get to be in my late 20s with enough life experience to actually "make this happen". One of the reasons for this is any self employed person must "wear many hats" and most younger people are not fully capable of this until their late 20s at the earliest. The only real question here is: "Do you want to physically survive?" And the second question is: "What are you willing to do to financially survive these times?" Once you answer these two questions then it is only a matter of finding a need and filling it with your skills. "Where there's a will there's a way."

I think one of the problems that people are not "factoring in" is that the whole world is sort of in shock at all the changes "both good and bad" coming from Globalization that started with the spread of the internet and the capacity for things to be made and ordered from anywhere to anywhere. This disempowers nations from controlling who buys what where and from whom. There is only one nation right now that controls who buys what and from whom completely, China. China is busy pushing out one by one all foreign companies once they show Chinese businessmen and women how to do what they want to learn whether it is building planes, tanks, high technology or whatever it is. China thumbs its nose at the world Trade organization because it can. And the rest of the world puts up with this for their own reasons. (They don't want a war with China). One of two things has to begin happening for things to get better. 
1. Either all nations thumb their noses at the World Trade Organization
2. or none of them do.


Otherwise there is no fairness for any nation competing on a global scale.

Multiculturalism is necessary for World Peace

If you have studied history or even talked with your parents, or Grandparents as I did growing up during the 1950s, you know how divisive it used to be between all groups even here in the U.S. Derisive words for every nation on earth were thrown around and often there were fights between groups of people from different European nations, different African Nations and just look at the Japanese Prison camps for American Japanese here during World War II.

So, here in the U.S. and Europe especially have been the seedbeds for multiculturalism worldwide. Since all nations have had to learn to get together we have also had intermarriage of all nationalities, religions and ethnic groups. And some would say we are all the stronger as nations for this.

Some people are traditionalists and want every nation to stay genetically pure and I understand why they feel that way. However, realistically, multiculturalism where Muslims and Christians marry and there children are then allowed which religion or no religion to choose is the answer in the end to Islamic Terrorism or Christian Terrorism as we just saw in Norway. Only by the mixing of the races and mixing of genetic pools worldwide will there be a potential end to national strife of nation against nation and of Religion against religion. Yes. In the end the world will be sickeningly homogenized and all look the same. But this might be the only way to actually have world peace where when literally all nations are biologically related to each other here in the present. The alternative is nuclear annihilation where no life exists at all because the planet just exploded just like the Asteroid belt here in the Solar System did  when our ancient ancestors nuked their planet out of existence.

The Two Secrets to Time Travel

There are two secrets to Time Travel: The first secret is that it has always been accomplished by the most Enlightened People on earth down through the centuries. Because scientists have to be able to prove something beyond the shadow of anyone's doubt it has not been fully proved yet. But those who have always accomplished time travel simply do it. They do not need to be convinced nor do they need to convince anyone else.

The Second secret of time travel is found in Particle Physics. You don't need to send photons through time to accomplish time travel. The natural way it happens every moment is this:

"It is only a probability where any particle or atom is any given moment". This is a law of physics and can be proved. In other words it is only a probability where any of the atoms in your brain or body are any given moment, which also means that they all (at different times) are gone from your body and brain for moments here and there. It is almost like particles from electrons to protons to neutrons to atoms, to molecules etc. go away to other places and times much like we go out the front door of our houses to go to work, to buy food, to travel to another land. Only in the case of other particles they travel to other times and spaces, even the particles in our bodies. This is how the enlightened travel time. This will be: (when and if it is allowed by the powers that be to be known) that every human might one day be told how some humans have traveled time since at the very least World War II when other intelligent groups came to the Earth that were worried about nuclear weapons here on earth. You see, time travel is one of the ways of controlling nuclear weapons here on earth.

Also, in a very strange way it doesn't really matter whether you believe any of this or not because it doesn't change any of the facts whether any of you believe this or not because this is just the way things actually work. This is the way things actually are.

Moody's: Probability of Greek Default virtually 100%

This quote and Title is from the Crawl of CNN at around 2 am Monday morning PDT.

So, basically in regard to Greek Debt it is no longer if Greek debt will be defaulted the only question now is when. This will have a serious effect also on World Business investments along with the U.S. Debt question this week and beyond.

Asian Stocks fall because of U.S. default fears

Asian stocks fall as U.S. debt stalemate continues

Asian shares fall on US default fears

Asian stocks fell on Monday as US talks aimed at raising the country's debt limit fell apart, raising the spectre of a default, although losses were muted on expectations a deal would be reached.
The crisis weighed on the dollar, sending it to its lowest level against the yen since just after the March 11 earthquake in Japan, which prompted an intervention by Tokyo and its G7 partners.
Tokyo closed 0.81 percent lower, giving up 82.10 points to 10,050.01 and Seoul shed 0.96 percent, or 20.75 points, to end at 2,150.48.
Sydney fell 1.58 percent, or 72.5 points, to finish at 4,530.4 while Hong Kong was 0.80 percent lower in the afternoon.
Shanghai tumbled 2.16 percent amid government investment fears following a fatal train crash over the weekend. end quote as of 1:20 AM Monday PDT.

I heard a quote from a CNN commentator that he believed that the pain of the world stock markets crashing would be the adult in the room that forces Congressional and Presidential action. Even if the Congress can't get it together in the end "Money Talks". A similar thing happened when the TARP got voted down the first time by Congress when they realized that they had to pass it or things were just going to get worse and worse. This likely is another similar situation this week.

Hang Seng Chinese Stock Market drops 1% as of 1am PDT monday morning

Chart for Nikkei 225
Hang Seng22,244.68-200.12-0.89% As of about 1 AM PDT (4 AM Eastern)very early monday morning the Chinese Hang Seng Stock Market had already dropped about 1% in value because of uncertainties in the debt crisis Congressional talks in the U.S.

Sunday, July 24, 2011

Weeds in Forest Taller than Me

The Wild oats and other weeds this year are really amazing in the forests. I'm six foot five inches tall and some of them are taller than I am and what is even stranger, most of the little streams on the northern California coast still have some water in them. This is unusual because most years the water dries up by May or June. Even my own yard hasn't had to be watered more than a few times in the last year. There has just been so much moisture and rain the last 12 months that we are in one of the most unusual years I have ever seen. There haven't really been many fire problems this year in California either because of this. However, it is likely that there will be a few fires by September and October but nothing serious yet.

A few years back it was the Star Thistle that grew 5 to 7 feet high all over the place but this year it isn't that so much even though there is some of that too. So, this year among the very very green ferns and oaks and pines and Redwood trees along the northern California Coast there are these wild oats 6 1/2 to 7 feet high. Very strange!

Address the Real Problem

 

Dump the Debt Limit and Address the Real Problem

As everyone knows, the big economic news today is the breakdown of talks on the debt limit. Media outlets have been bombarding us with horror stories that list the catastrophic consequences of failing to reach an agreement. We are told that the government may default, programs shut down, and financial collapse follow. And, indeed, it would create myriad problems. Unfortunately, however, it’s all for no good reason whatsoever. This is political grandstanding and smoke and mirrors, and the cost will be paid by the average American.
There is no logical economic reason not to raise the limit–in fact, the real question is why we even have one. As I have explained repeatedly in this blog, it is impossible for the United States to default on debt that is denominated in dollars (check these for a sampling of the arguments):
Hence, the whole premise upon which these talks are based, i.e., that if we don’t get deficit spending under control then we’ll go bankrupt, is fundamentally flawed. In actuality, the real need right now is to stimulate aggregate demand by spending more. There is nothing standing between us and economic recovery but this. We have ample capacity to produce goods and services, business and finance costs are low, and there are plenty of idle resources. So why aren’t firms hiring? Because they know damn well that they can’t sell anything when we have almost 15 million unemployed workers.
And yet, we are told by Washington (both parties, but particularly the Republicans) that the "solution" is to lower sales even more by cutting back on what the government has been purchasing. That will, apparently, encourage businesses to take on new employees. This is nothing short of idiotic.
Lord help us, because apparently our policy makers are in no hurry to do so. Not only can’t they agree, they aren’t even focusing on the real problem. end quote.

I agree with this point of view. The American public's attention has been diverted from the real problem. It's all smoke and mirrors but if you are playing smoke and mirrors in a car full of people those people might die in a crash. (The Car full of people represents the people of the U.S. and Earth)