"I'm getting a bit of wind today."
Funny Animal Photos by Ty Buchanan
Funny Animal Photos by Ty Buchanan
Who Do We Owe Money To? It isn't Real!
Everyone is in debt. That seems to be the case. But if we all owe money to whom are we indebted? Who are these fat cats who spend their days on the beach having cool drinks brought to them while they while away the time sunbathing?
If truth be known the money does not actually exist. It has been created in the books of independent and national banks. In centuries passed the local blacksmith acted as the bank. Gold, silver and promissory notes were left in his safe. He soon became aware that the "goods" left for safe keeping would not be taken out by the owner for a very long time, if ever. For storing the valuable minerals and promissory notes he gave promissory notes in return. This meant that he could create money. He could also give loans, a large part of which would return directly back because the debtor opened a new account.
When large private banks started, governments gave an assurance that a run on an institution would be protected by public money. We have seen how silly this concept has proved to be by the US and European governments bailing out private banks. Private debt has become public debt. This on top of the mushrooming private debt worldwide.
Much of Western debt is owed to China which buys US bonds. It is a mistake to believe that it wants the money back any time soon. If it did the world economy would grind to a halt. Then, who would buy its exports?
The real problem is economics. This social science is just theory. There are complicated models that do not apply to the real world, with demand and supply curves, meeting long term average costs and so on. Real business doesn't operate that way. There is not one model for cost plus 10 or 20 percent, or get it cheap and sell high until demand stops then throw the stuff out. That is how business really runs.
Note the supermarkets, they don't cut the price of everything that doesn't sell. They would rather throw it away than sell it. After all, they make the supplier take the loss. Economic advisers have not helped one government to balance the books. And the advice they are giving now to raise taxes and cut spending will surely prolong the recession. Cutting debt is like turning the water tap down - someone has to go without! Let's be honest much of this debt will never be paid. It doesn't really exist.
If truth be known the money does not actually exist. It has been created in the books of independent and national banks. In centuries passed the local blacksmith acted as the bank. Gold, silver and promissory notes were left in his safe. He soon became aware that the "goods" left for safe keeping would not be taken out by the owner for a very long time, if ever. For storing the valuable minerals and promissory notes he gave promissory notes in return. This meant that he could create money. He could also give loans, a large part of which would return directly back because the debtor opened a new account.
When large private banks started, governments gave an assurance that a run on an institution would be protected by public money. We have seen how silly this concept has proved to be by the US and European governments bailing out private banks. Private debt has become public debt. This on top of the mushrooming private debt worldwide.
Much of Western debt is owed to China which buys US bonds. It is a mistake to believe that it wants the money back any time soon. If it did the world economy would grind to a halt. Then, who would buy its exports?
The real problem is economics. This social science is just theory. There are complicated models that do not apply to the real world, with demand and supply curves, meeting long term average costs and so on. Real business doesn't operate that way. There is not one model for cost plus 10 or 20 percent, or get it cheap and sell high until demand stops then throw the stuff out. That is how business really runs.
Note the supermarkets, they don't cut the price of everything that doesn't sell. They would rather throw it away than sell it. After all, they make the supplier take the loss. Economic advisers have not helped one government to balance the books. And the advice they are giving now to raise taxes and cut spending will surely prolong the recession. Cutting debt is like turning the water tap down - someone has to go without! Let's be honest much of this debt will never be paid. It doesn't really exist.
Society by Ty Buchanan
Frisky Dog
"You can't frisk me. I'm Innocent!"
Funny Animal Photos by Ty Buchanan
Funny Animal Photos by Ty Buchanan
Are We Moving Toward a Secular World?
The world is polarizing with those who want to stay with religions and others who want to live their lives without any belief system. Certain norms of behavior remain from the past. The prayer before parliament begins goes back centuries.
Few people go to church on Sunday anymore. Even in Muslim countries some want to live a secular life with fewer prayers throughout the day. Of course, the majority in these countries want worship pressed into law. It is human nature to make others do what you want. Unfortunately, many protest against this.
The main problem is we all have different realities. There are seven billion realities on this planet. Though we are all presumed to be born the same everyone is different. No two people have the same range of hearing, color vision or even musical ability. What is truth for one is myth for another.
In the past, force always won in the long term. Today freedom and independence is the call everywhere. When force meets force today there seems to be no winner. Going to war seems futile now. All you get is destruction, pain and suffering. Past wars were fought over trying to retain an old accepted milieu and a changing social system with new ideas as populations grew.
The Internet revolution has changed all societies. We all have access to knowledge and most importantly the latest news on what is happening anywhere in the world. In other words, we are all "in the know". However, we do not know what the future will be like. Force is no longer working. Unfortunately, manipulation is!
Culture by Ty Buchanan
Dog Line
"Who is going out first?"
Funny Animal Photos by Ty Buchanan
Funny Animal Photos by Ty Buchanan
New Invisible Zipper Hits the Olympics
Technology is moving forward at a rapid pace. One can hardly keep up with new things on offer. Really, people do not have an immediate need for the the new products. New products are absorbed into our lives out of curiosity and the need to keep up with the neighbors.
Seams on clothes are something we accept - it is normal. Visible seams are not a problem. Indeed, the seams are used by designers in the latest fashions: they are part of the design.
Important sports events are a great platform to launch new ideas. They are on view for the whole world to see. There is no difference between East and West anymore. New products appear across the world at the same time.
Russian and American athletes at the 2014 Olympic Games will have waterproof zips built into their outfits. They are almost invisible when closed. This means that in the future parts of different outfits can be joined together to create different variations.
Lightrail Zippers are integrated units at the moment, but it won't be long before both halves can be separated. New fashion is on the horizon when the new zipper is released to the public. Micro-seams are not what the world needs. However, it is certain many will want the new gizmo.
Conservation by Ty Buchanan
Dutch Prisoners to Pay a Fee
The welfare state is failing. Too any people rely on taxpayers money to live without contributing anything themselves. Basically, governments do not have the income from taxes to pay for it.
Old age pensions are going with people being forced to pay into their own superannuation. In Europe, particularly, countries like Britain cannot afford welfare benefits for people who have moved there from other European nations.
In the Netherlands prisoners will soon have to pay for their incarceration. The controversial bill will soon go through parliament. If you break the law it is your fault. There will be a charge for imprisonment and another fee for the police investigation.
Leaving things as they are will result in 19 prisons having to close with the release of thousands of prisoners. If you cannot pay the fees while you are in prison you will have to pay it when you have moved back into society.
Society by Ty Buchanan
Society by Ty Buchanan
European Skull Found In New Zealand Dating before British Arrival
Captain Cook discovered Australia in 1770. If you believe this you are living in dreamland. The Portuguese took Malacca, a small Malaysian state, in 1511. Spain controlled part of the Philippines from 1521. Indonesia "welcomed" the Netherlands from 1596 and the Southeast Asian country was later ruled by the Dutch from 1825. France sent emissaries to Siam in 1600.
The question is did any of the sailors from these countries land in Australia before the British arrived in Singapore in 1819: note Britain had been around in India since 1612. It is obvious that Dutch sailors landed on the north coast of Australia because Indonesia is just next door. Why didn't they claim it? Why didn't Portugal claim it? The Portuguese colonized East Timor from 1613 and that is even closer. The truth is they didn't want it because they couldn't find any advanced societies there. No trade was on offer. In those days trade was everything. There was no welfare state in those days. You had to earn or starve. Seeing a few Aboriginals along the beaches and cliffs, they took on water and left.
What is surprising it that no real evidence of Europeans being in the Antipodes has been found - until now. The skull of a European woman has been found in Wellington, New Zealand. Carbon dating shows she was alive there in 1742. Dating is now very accurate.
So Europeans had visited New Zealand before Captain Cook "discovered" it in 1769. It was claimed for Britain in 1839, first being ruled from New South Wales. Then the whole country was claimed by Britain in 1840.
Getting back to the skull. When first found police thought they had a murder on their hands when they saw puncture wounds. The woman must have arrived there by "independent' means, probably by a European ship sailing at the captain's whim. Abel Tasman saw the shore of New Zealand in 1642 but had no women aboard his ship. Why did it take Europeans another century to search for the great southern land again? There is another issue: evidence of a pre-Maori red haired white race living in New Zealand.
The question is did any of the sailors from these countries land in Australia before the British arrived in Singapore in 1819: note Britain had been around in India since 1612. It is obvious that Dutch sailors landed on the north coast of Australia because Indonesia is just next door. Why didn't they claim it? Why didn't Portugal claim it? The Portuguese colonized East Timor from 1613 and that is even closer. The truth is they didn't want it because they couldn't find any advanced societies there. No trade was on offer. In those days trade was everything. There was no welfare state in those days. You had to earn or starve. Seeing a few Aboriginals along the beaches and cliffs, they took on water and left.
What is surprising it that no real evidence of Europeans being in the Antipodes has been found - until now. The skull of a European woman has been found in Wellington, New Zealand. Carbon dating shows she was alive there in 1742. Dating is now very accurate.
So Europeans had visited New Zealand before Captain Cook "discovered" it in 1769. It was claimed for Britain in 1839, first being ruled from New South Wales. Then the whole country was claimed by Britain in 1840.
Getting back to the skull. When first found police thought they had a murder on their hands when they saw puncture wounds. The woman must have arrived there by "independent' means, probably by a European ship sailing at the captain's whim. Abel Tasman saw the shore of New Zealand in 1642 but had no women aboard his ship. Why did it take Europeans another century to search for the great southern land again? There is another issue: evidence of a pre-Maori red haired white race living in New Zealand.
Evolution by Ty Buchanan
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