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updated: 2017-05-18
| "...in 2008 September. A cascade of defaults by home-owners [unable to make balloon or simple rate-increased mortgage payments, which mortgages had been extended to them under pressure from congress-critters such as Chris Dodd, Barney Frank, & Maxine Waters, with the more or less eager compliance by both traditional banks and ones with on-line operations], was erasing the value of AIG's CDOs [which were statistical bundlings of such mortgages]. The financial markets were in free fall, with AIG up to its neck in terrible risks and under relentless pressure. The final straw came after the rating agencies began putting AIG on 'credit watch', and on the afternoon of 2008 September 15, when they lowered the ratings of AIG's long-term debt. The counter-parties [other participants in the deals] holding credit default swaps demanded AIG post the required collateral [because they didn't want to be left holding the bag on the un-payable debts, either] -- billions and billions the company did not have [and had never expected to need]. The housing market was wreaking simultaneous havoc on the company's securities lending program, by which AIG's life insurance companies loaned securities [including the CDOs & other RMBSs (residential mortgage backed securities)] to third parties." --- Bob Benmosche, Peter Marks & Valerie Handy 2016 _Good for the Money: My Fight to Pay Back the USA_ pg115 |
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| 30 | 31 |
2017 July, week 1 (1) (16KB)
2017 July, week 2 (2-8) (16KB)
2017 July, week 3 (9-15) (16KB)
2017 July, week 4 (16-22) (16KB)
2017 July, week 5 (23-29) (16KB)
2017 July, week 6 (30-31) (16KB)
| "It is a besetting vice of democracies to substitute public opinion for law. This is the usual form in which masses of men exhibit their tyranny." --- James Fennimore Cooper |
captain William Scott's flag for the Republic of Texas.
2017 July
1st month of the 3rd quarter of the 28th year of the Bush-Clinton-Shrub-Obummer economic depression
2017 July, week 1 (1) (16KB)
2017 July, week 2 (2-8) (16KB)
2017 July, week 3 (9-15) (16KB)
2017 July, week 4 (16-22) (16KB)
2017 July, week 5 (23-29) (16KB)
2017 July, week 6 (30-31) (16KB)
Proposed Bills 2017
| "It was determined [in the 1780s or 1790s] after careful analysis of the free-market that the value of gold at that time was approximately 15 times the value of silver. The Coinage Act of 1792 accordingly [in rigid, inflexible, un-adaptive, power-mad government tradition] set the relative value of gold-to-silver at 15-to-1. It then authorized the federal government to mint gold coins called Eagles, and it specified that their value was $10. IOW, the gold coins would be equal in value to 10 silver coins Ten silver coins, each of 371.25 grains of fine silver, would contain a total of 3,712.5 grains. The content of the Eagle, therefore, was one-fifteenth that amount, or 247.5 grains of fine gold. Contrary to popular misconception, congress did not create a 'gold dollar'. (It did't do that until 57 years later in The Coinage Act of 1849.) In fact it re-affirmed that 'the money of account of the United States shall be expressed in dollars or units' and again defined those units as coins containing 371.25 grains of pure silver. What congress did do was authorize the minting of a gold coin and arbitrarily fix the value of the gold in that coin at 15 times the value of the dollar. And it also stated that all silver and gold coins produced in the federal mint were to be legal tender in accordance with their value, based on weight and purity, relative to the standard of the silver dollar... It set the death penalti for anyone who debases the nation's coinage; a law which, if enforced today, would wipe out the House of Representatives, the senate, the managerial level of the Treasury Department, [the Federal Reserve Board], and the Presidency as well." --- G. Edward Griffin 1994, 2010 _The Creature from Jekyll Island_ pp320-321 |
| K | kilo- | thousand | 10^3 | 1,000 | |
| M | mega- | million | one thousand thousand | 10^6 | 1,000,000 |
| G | giga- | billion | one thousand million | 10^9 | 1,000,000,000 |
| T | tera- | trillion | one million million | 10^12 | 1,000,000,000,000 |
| P | peta- | quadrillion | one million billion | 10^15 | 1,000,000,000,000,000 |
| E | exa- | quintillion | one billion billion | 10^18 | 1,000,000,000,000,000,000 |
| Z | zetta- | sextillion | one billion trillion | 10^21 | 1,000,000,000,000,000,000,000 |
| Y | yotta- | septillion | one trillion trillion | 10^24 | 1,000,000,000,000,000,000,000,000 |
Except that computer people use 2 as a base raised to multiples of powers of 10, instead of 10 raised to multiples of powers of 3 because powers of 2 are handier for them, but they also want to stay somewhat close to the values of 10 most folks are used to.
| 1,024 | K | kilo- (kibi-) | 2^10 |
| 1,048,576 | M | mega- (mebi-) | 2^20 |
| 1,073,741,824 | G | giga- (gibi-) | 2^30 |
| 1,099,511,627,776 | T | tera- (tebi-) | 2^40 |
| 1,125,899,906,842,624 | P | peta- (pebi-) | 2^50 |
| 1,152,921,504,606,846,976 | E | exa- (exbi-) | 2^60 |
| 1,180,591,620,717,411,303,424 | Z | zetta- (zebi-) | 2^70 |
| 1,208,925,819,614,629,174,706,176 | Y | yotta- (yobi-) | 2^80 |
An alternate set of prefixes has been proposed.
Proposed Bills 2017
Congressional candidate fund-raising, expenditures, and debt
USA Over-Population Clock
World + USA Over-Population Clocks
Jimbo Wales's WikiPedia on World Over-Population
population density
countries by population density
USA states and counties by population density
World Atlas: states by population density
| "To the extent that it considers the views of the [citizenry], official Washington is concerned with 2 concepts: 'steering' and 'enforcement'. Steering, the topic of much discussion among 'scholars' of 'governance' [i.e. dictatorship/tyranny], refers to the government's capacity to shape public opinion to serve its [desires]. Enforcement, of course, refers to the rather delicate matter of compelling citizens to obey rules promulgated by regulatory institutions even though average Americans might find these rules difficult to understand. [Both involve initiating force or fraud.]" --- Jennifer Bachner, Benjamin Ginsberg, Steven L. Mitchell & Laura Shelley 2016 _What Washington DC Gets Wrong: The UnElected Officials Who Actually Run the Government and Their MisConceptions [about and hostility to] the USA People_ pg118 |
Movies Coming Soon
Neither this page, nor the opinions expressed or implied in it are endorsed by Michael Badnarik, Ron Paul, Binyamin L. Jolkovsky, Bob Barr, Walter E. Williams, Wayne Allyn Root, Thomas Sowell, Warner Brothers, Gary Johnson, Peter Brimelow, president Donald Trump, nor by my hosts, Kermit and Rateliff.
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