Financial Sector Takes 40% of US Total Earnings

(Odaiba [meaning the mound for gun batteris], Tokyo)



Financial Sector Takes 40% of US Total Earnings




In the blog of Mr. Hiroshi Kumagai, a retired politician who assumed office as Chief Cabinet Secretary of Japan in 1994, I found an interesting article.

He introduced an opinion of a Japanese businessman in his 30’s whom Mr. Kumagai regards as a nationalist.

According to Mr. Kumagai’s observation, Japanese living in foreign countries often come to become patriotic and intensify their pride in nationality.

The young Japanese businessman extended some interesting views on the U.S. economy Mr. Kumagai seems to profoundly agree on:
- The policy of workers in the US financial sector is “profits for themselves and risks for clients.”

- This policy has inevitably derived from the principle (based on mistrust in a business circle) the US financial industry has long adopted: “The highest priority must be put on short-range profits.”

- The lax finance practices nourished by the Anglo-Saxon culture has led to worship of money or faith in power of money in handling any matters in the US society.

- As even top managers of US financial institutes can be promptly fired if a quarter result of his performance is poor, the present moral hazard in the US financial sector is deeply rooted and widely prevailing as a matter of the nature of US corporations.

- The big boom around Mr. Barack Obama, while the racial prejudice still persists in the US society, is a proof of how badly desperate poor European Americans are now feeling.

( http://www.kumagai.ne.jp/column/entry.php?entry_pkey=906 )

It is very understandable that the power of money can be all the more powerful in a society full of different races.

If you live in a society where many people from different cultures and traditions are surrounding you, you may simply find the most effective common language is money.

And, when you see poor neighbors, if their colors of the skin and habits of living are so different from yours, you may not have big sympathy with them.

And now, poor European Americans have been long watching the US President who is European American but not has much sympathy even for poor European Americans, while the President does not seem to be very good at reading and writing.

Then, it may be natural that poor European Americans feel like avenging themselves against one of the richest and the luckiest fellow of the same race, namely the US President Mr. George W. Bush, by voting for an African American Presidential candidate, namely Mr. Barack Obama who is good at reading, writing, and speaking.

If Mr. Obama has a strong tie behind the scene with Wall Street or the US financial sector, those voters must think that it is still better to elect him as President; it is because Mr. Obama has an inherent weak point, being of a minority, and that tender spot makes him look like sharing some unhappiness with those voters.

Indeed, poor European Americans must be thinking that choosing an African American can be the most hard-hitting revenge on rich European Americans, including President Mr. George W. Bush.

Nonetheless, I suppose that this tactics by poor European Americans is disputable.

It is a racial card that they have taken up. But, the issue is the nature of the Anglo-Saxon culture. What they need is probably an Anglo-Saxon hero who can correct it by persuading other Anglo-Saxons.

Mr. Barack Obama would claim that it is not an Anglo-Saxon issue but an American issue.

Yet, I suppose that a possible Anglo-Saxon hero would regard it as an Anglo-Saxon issue rather than an American issue.

Finally, if no such an Anglo-Saxon hero emerges forever and Mr. Barack Obama cannot address the case from a standpoint of regarding it as an American issue, the U.S. will follow suit of the Roman Empire in a more accelerated manner.

(The Roman Empire lost the power of maintaining uni-polar domination. But, interestingly, some historians who cannot understand how much other tribes got stronger tend to think that the Empire made wisely a choice for promoting the multi polarized world.

However, the stern fact is that the Empire did not ruin itself on purpose, but they simply failed because their relative power against other tribes got weaker.

Indeed, Japan, China, Russia, India, Islamic oil producing states, and Brazil combined together have made the power of U.S. relatively and critically weaker.)

At the end of the blog article, Mr. Kumagai wrote that his young friend told him that "business earnings of the US financial sector account for 40% of all the business earnings in the U.S., while workers in the financial sector account for only 5% of the total US employees, which means that the US economy is losing a certain fundamental."

So, I have checked some data to confirm it in the site of The Bank of Mitsubishi-Tokyo UFJ, Ltd. as presented below.

(Click to enlarge.)

http://www.bk.mufg.jp/report/ecomon2008/monthly_us20080613.pdf




(As it looks so sweeter than wine, tomorrow I may visit the Edogawa River at the bank famous for a series of movies featuring a stranger out of nowhere called "Tora," though you may stay at home since Tokyo is now heavily guarded due to the coming G8 Summit…

http://www.mh-friends.com/shop/index.cgi?No=52849)




Luk 16:8 And the lord commended the unjust steward, because he had done wisely: for the children of this world are in their generation wiser than the children of light.

Luk 16:9 And I say unto you, Make to yourselves friends of the mammon of unrighteousness; that, when ye fail, they may receive you into everlasting habitations.

WATER THE MASTER OF THE EARTH

WATER THE MASTER OF THE EARTH



The only miracle I saw two weeks ago on the Tokyo Bay was the falling of air balls, white and blue, from the rainy sky to the surface of the sea water.

They however did not look like cannonballs at all, though maybe resembling a hydrogen atom and an oxygen atom.



SECTION I: H2O vs. CO2

Ask an arrogant man what structure the liquid water has. Indeed, H2O. But, it is just the component. The issue is how the mass of H2Os, water, is formed through specific linkages of a spate of H2O molecules.

Some H2O molecules form a cluster.

The force underlying a cluster comes from physical properties of H2O; a water molecule can be linked with zero, one, two, three, or four other water molecules.

(If each of all the H2Os in a macro scale is combined with other four H2Os, they can look like a piece of ice in a macro view, since we call such a state of water “ice.”)

A cluster is an independent unit of these local combinations of H2Os; and any macro scale quantity of water includes a myriad of clusters.

But, its true state and configuration as well as behaviors in actual water are still a mystery; namely, the structure of water is still a mystery!

---------------------------------
…This work has led to a gradual refinement of our views about the structure of liquid water, but it has not produced any definitive answer…

The view first developed in the 1950's that water is a collection of "flickering clusters" of varying sizes (right) has gradually been abandoned as being unable to account for many of the observed properties of the liquid…

The present thinking, influenced greatly by molecular modeling simulations beginning in the 1980s, is that on a very short time scale (less than a picosecond), water is more like a "gel" consisting of a single, huge hydrogen-bonded cluster. On a 10-12 - 10-9 sec time scale, rotations and other thermal motions cause individual hydrogen bonds to break and re-form in new configurations, inducing ever-changing local discontinuities whose extent and influence depends on the temperature and pressure…

Theoretical models suggest that the average cluster may encompass as many as 90 H2O molecules at 0°C, so that very cold water can be thought of as a collection of ever-changing ice-like structures. At 70° C, the average cluster size is probably no greater than about 25….

The principal finding was that 80 percent of the water molecules are bound in chain-like fashion to only two other molecules at room temperature, thus supporting the prevailing view of a dynamically-changing, disordered water structure….

http://www.chem1.com/acad/sci/aboutwater.html
---------------------------------

Compared with CO2, water can be more easily comprehended, since we can see, touch, and hold a mass of H2O while we usually cannot do it with CO2.

And, the stern fact is that human beings do not know how H2Os are forming water in a mass.

Then, how can we truly know how and how much a mass of CO2 is contributing to the temperature rise all over the globe?

Ask an arrogant advocate of CO2 emissions trading system how he can know how precisely CO2 works in the air all over the globe while mankind does not know how H2Os compose water and behave in it.

Any theory should be tested in a scientific experiment; but I have never heard that they have built a Yankee Stadium-size of experiment globe or dome to test the CO2 heat-light emission effect.

That is why the G8 leaders and other world leaders to come to Japan for the Summit Meeting should discuss this issue.

They should wonder how little mankind knows about the structure of water.

And "no one understands, for instance, why liquid water is able to carry so much heat."

http://www.psc.edu/MetaCenter/MetaScience/Articles/Jordan/Jordan.html

Indeed, H2O should be more focused on than CO2 and petroleum in the G8 Summit, since its existence in the universe is a miracle.



SECTION II: Ocean Thermal Energy Conversion (OTEC)

Energy problems for mankind should be solved using water. And, the vast majority of water is in the seas and oceans.

----------------------
The Earth's oceans are continually heated by the sun and cover nearly 70% of the Earth's surface; this temperature difference contains a vast amount of solar energy which can potentially be harnessed for human use. If this extraction could be made cost effective on a large scale, it could provide a source of renewable energy needed to deal with energy shortages, and other energy problems….

As heat flows from one to the other, the engine converts some of the heat energy to work energy. This principle is used in steam turbines and internal combustion engines, while refrigerators reverse the direction of flow of both the heat and work energy. Rather than using heat energy from the burning of fuel, OTEC power draws on temperature differences caused by the sun's warming of the ocean surface…

http://en.wikipedia.org/wiki/Ocean_thermal_energy_conversion
----------------------

Now you understand the principle and the gist of OTEC.

The next step is, as is usual, applications, practices, technical feasibility, and cost performance.

------------------------
The United States became involved in OTEC research in 1974, when the Natural Energy Laboratory of Hawaii Authority was established at Keahole Point on the Kona coast of Hawaii. The laboratory has become one of the world's leading test facilities for OTEC technology. Hawaii is often said to be the best location in the US for OTEC, due to the warm surface water, excellent access to very deep, very cold water, and because Hawaii has the highest electricity costs in the US.[5]

Although Japan has no potential OTEC sites it has been a major contributor to the development of the technology, primarily for export to other countries.[6] Beginning in 1970 the Tokyo Electric Power Company successfully built and deployed a 100 kW closed-cycle OTEC plant on the island of Nauru.[6]

The plant, which became operational 1981-10-14, produced about 120 kW of electricity; 90 kW was used to power the plant itself and the remaining electricity was used to power a school and several other places in Nauru.[2] This set a world record for power output from an OTEC system where the power was sent to a real power grid.

http://en.wikipedia.org/wiki/Ocean_thermal_energy_conversion
------------------------

Indeed, some Japanese scientists are proposing a very promising scheme.
(Click to enlarge)
Fig. Principle of Operation of OTEC

http://www.jstage.jst.go.jp/article/jilm/55/12/633/_pdf/-char/ja/
(Haruo Uehara, “Ocean energy and light metals,” Journal of Japan Institute of Light Metals, Vol. 55, No. 12 (2005), pp,633-636)

The scientist, Mr. Haruo Uehara, believes that his version of OTECS, called I-OTECS, can well address the five major challenges in the 21st century: global environment, energy, water, foods, and population problems.

However, according to his scheme, 18,000 tones of titanium are needed as essential materials for construction of 1000M watts power plant (and a parallel desalination plant) whose output is equal to that of a conventional nuclear power plant.



SECTION III: Hydrogen Energy

I recommend that half of energy people now are using in CO2-related issues should be re-directed to the study and trials of hydrogen economy.

-----------
In an (as-yet-hypothetical) hydrogen economy, the energy needed for motive power (for automobiles and other vehicle types) or electricity (for stationary applications) is derived from reacting hydrogen (H2) with oxygen. By eliminating the use of carbon-based fossil fuels, a hydrogen economy would sharply reduce the emission of carbon dioxide, which plays a central role in global warming. As an energy carrier, hydrogen could substitute for dwindling supplies of petroleum and provide energy independence to countries without oil resources….

While hydrogen (the element) is abundant on Earth, and indeed is the most abundant element in the universe, manufacturing hydrogen does require the consumption of a hydrogen carrier such as a fossil fuel or water. The former consumes the fossil resource and produces carbon dioxide, but often requires no further energy input beyond the fossil fuel. Decomposing water requires electrical or heat input, generated from some primary energy source (fossil fuel, nuclear power or a renewable energy). The economics and environmental impact of any implementation of any future hydrogen economy will largely be determined by future energy development.

http://en.wikipedia.org/wiki/Hydrogen_economy
------------------

And, the key to realization of real applications seem to lie in water, too.

So, you have to start to study the structure of water mankind knows very little about.

****************************************************************

That is all for today.

But, tell Chinese that even one Japanese TV station has collected US$550,000 for aid and contribution to victims of the Sichuan Great Earthquake that took 70,000 lives two months ago.

Of course, we can see a humble ad in the train running through a city in Japan, telling China's gratitude to support from the Japanese people.

Chinese leaders should not try to divert anger of Chinese citizens against their Government to Japan, abusing some interpretations of the past history.

Nonetheless, there are many Chinese youths who come to Japan to eventually respect Japan, since water quality in Japan is better than in China, in my humble analysis.



(Next week the G8 Summit is at last to be held in Hokkaido, Japan.
Yet, I have no schedules on the coming Sunday, since the God has not invited the G8 leaders for a miracle only poor believers can be honored by.
Anyway, I will inform you of some if appropriate.

http://page.freett.com/noren/beet/rubber/rubber7.html)



Joh 1:26 John answered them, saying, I baptize with water: but there standeth one among you, whom ye know not;

Joh 1:27 He it is, who coming after me is preferred before me, whose shoe's latchet I am not worthy to unloose.

Saddam Hussein’s Perfect Conspiracy

(Well done as a drill!)


Saddam Hussein’s Perfect Conspiracy


Yesterday or a day before, a Japanese cable TV program re-presented that famous CBS interview with an FBI interrogator who dealt with Saddam Hussein having been taken prisoner of since December 2003.

http://www.cbsnews.com/stories/2008/01/24/60minutes/main3749494.shtml

I could clearly see a failure of FBI in this historical interrogation, hence leaving me all the more suspicious of Saddam Hussein’s perfect conspiracy that eventually led to the 9/11 Terror in 2001.



SECTION I: INADEQUACY OF THE INTERROGATOR

He, the hero interrogator of FBI, was just too young. What is worse, he had just left the Middle East to come and stay in the United States when he was 12 years old or before he absorbed the Arab culture enough.

A well-experienced old Arab, namely Saddam Hussein, could easily handle such an Arab speaking young American who pretended to be an agent directly reporting to the U.S. President.

For example, Saddam Hussein could easily succeed in hiding his feeling and emotion to his sons and his grandson who had been killed by US troops.

More remarkably, Saddam Hussein could skillfully pretend that he did not care about his wife, former wives, and daughters and their children at all.

The U.S. must have treated Saddam Hussein as a former monarch, if so badly fallen. One of top DOD officials or generals should have interrogated Saddam Hussein (for the honor of all who died in wars) if such an interrogator could not speak Arabic.

Having a young FBI agent hear Saddam Hussein looks like telling Americans’ big contempt for Arabs in general.

That arrogance must lead to missing some crucial things inside and outside Saddam Hussein.


SECTION II: HISTORY SADDAM HUSSEIN WANTED TO LEAVE

Saddam Hussein must have clearly understood that what he told to the interrogator, who somehow looked like his son, would be part of history.

If he could have left testimonies that would satisfy the pride of Arabs in general, he must have reckoned, his wife and his daughters and their children would have been allowed to live in peace by Arabs in general.

Therefore, he must have wanted to leave legacies that could make history of Arabs more glorious, so that his families in exile could have been at least forgiven.

http://en.wikipedia.org/wiki/Saddam_Hussein

Yet, when he showed any antagonism to other Arab or Islamic countries, I think it must be real and true at least on his standpoint.

So, he said that he had ordered the invasion of Kuwait because he had been insulted by a Kuwaiti leader.

He took the provoking words delivered in a diplomatic negotiation as a personal insult he could not neglect, since he must have looked a weak leader to his ministers, generals, officials, and other Iraqi citizens as well as his enemies if he had taken it lying down.

He had to save his face; inevitably he had to send his troops to Kuwait as retaliation.

But, what with the U.S. that massively put him out of countenance in the Persian Gulf War and subsequent air patrol and strikes over Iraq all through 1990’s into 2001?

Wouldn’t he ever think that he should retaliate against the U.S. by using some terrorists who had no connection to Iraq at all, say, such as AlQaeda?



SECTION III: NO CONNECTION TO ALQAEDA CONFIRMED?

If Saddam Hussein or any of his officials had revealed any connection with AlQaeda in 1990’s or before Sept. 2001, Iraq would have been immediately attacked and invaded by the massive US troops.

Therefore, they never admitted it, regardless whether it had been true or not.

In this sense and context, Saddam Hussein’s attitude toward Mr. Osama bin Laden should be reviewed:
----------
"No. No. He didn't wanna be seen with Bin Laden. And didn't want to associate with Bin Laden," Piro explains.

Piro says Saddam thought that Bin Laden was a threat to him and his regime.
--------

Even after his capture by US troops in December 2003, when asked by an interrogator about his connection with AlQaeda, there was no other choice for Saddam Hussein but to deny it, regardless whether such connection had existed or not.

If any of his officials had such knowledge, he or she would deny the fact for their ultimate safety and security.

The very secret and indirect connection between Saddam Hussein and AlQaeda, which probably Mr. Osama bin Laden himself has not recognized, is not what you can bring out through interrogation of any former Iraqi officials.

Yet, I remember how Saddam Hussein publicly showed his joy over the 9/11 Terror as if he had regained his honor for the first time after the retreat from Kuwait in 1991.

********************************************************************

Saddam Hussein told a joke and pretended to be an innocent fool by saying that all of his knowledge about America came from Hollywood movies.

Saddam Hussein (with hidden sarcasm) praised Mr. Bill Clinton, since the former US President lost a chance to force Saddam Hussein without resorting to war to step down from power and thus to stop Saddam Hussein’s possible secret support for AlQaeda’s activities.

This is of course just one humble conspiracy theory on influences of Saddam Hussein on AlQaeda and Mr. Osama bin Laden which must be however very remote and indirect but nonetheless so critical and decisive for the occurrence of the 9/11 Terror.

Finally, you may like to know where Saddam　Hussein’s wife and former wives are now:
----------
Sajida Khairallah Talfah was the wife and cousin of former Iraqi President Saddam Hussein, and mother of two sons (Uday and Qusay) and three daughters (Raghad, Rana, and Hala).

On December 2004 her alleged mansion in Qatar was found empty and her fate as of now is unknown. There have been several sightings of her in the Khorramshar and Abadan area of the Khuzestan province of Iran.

http://en.wikipedia.org/wiki/Sajida_Talfah

Saddam married his second wife Samira Shahbandar[47], in 1993. There have been no political issues from this marriage. After the war, Samira fled to Beirut, Lebanon. She is believed to have mothered Hussein's sixth son Ali, but members of Hussein's family has contradicted this.

Saddam had allegedly married a third wife, Nidal al-Hamdani, the general manager of the Solar Energy Research Center in the Council of Scientific Research.[48] She bore him no children. Her current whereabouts are unknown.

Wafa el-Mullah al-Howeish is rumoured to have married Saddam as his fourth wife in 2002. There is no firm evidence for this marriage. Wafa is the daughter of Abdul Tawab el-Mullah Howeish, a former minister of military industry in Iraq and Saddam's last deputy Prime Minister. There were no children from this marriage. Her current whereabouts are unknown.

http://en.wikipedia.org/wiki/Saddam_Hussein
----------

Are these situations around them all wish of Allah?　

Isn’t there any forgiveness?

Indeed, the connection between Saddam Hussein and WTC attacks in 1993 and 2001 must be forever secret.

Yet, if it should be confirmed, it could be said that President Mr. George W. Bush has been doing a very right thing to instantly target Iraq in the immediate wake of the 911 Terror in 2001, unlike Mr. Bill Clinton in the wake of 1993 WTC terror.

Anyway if I had been an interrogator, I would have told Saddam Hussein to write letters to his wife and daughters and tell every historical truth for his honor and their honor, since he assumed himself to be a great poet.



(http://page.freett.com/noren/beet/with/with7.html )




Luk 7:3 And when he heard of Jesus, he sent unto him the elders of the Jews, beseeching him that he would come and heal his servant.

Luk 7:4 And when they came to Jesus, they besought him instantly, saying, That he was worthy for whom he should do this:

Luk 7:5 For he loveth our nation, and he hath built us a synagogue.

Luk 7:6 Then Jesus went with them. And when he was now not far from the house, the centurion sent friends to him, saying unto him, Lord, trouble not thyself: for I am not worthy that thou shouldest enter under my roof:

Luk 7:7 Wherefore neither thought I myself worthy to come unto thee: but say in a word, and my servant shall be healed.

Luk 7:8 For I also am a man set under authority, having under me soldiers, and I say unto one, Go, and he goeth; and to another, Come, and he cometh; and to my servant, Do this, and he doeth it.

Luk 7:9 When Jesus heard these things, he marvelled at him, and turned him about, and said unto the people that followed him, I say unto you, I have not found so great faith, no, not in Israel.

Luk 7:10 And they that were sent, returning to the house, found the servant whole that had been sick.



　　

AGAINST THE FINANCIAL TERROR

(Shout an order, if you like!)



AGAINST THE FINANCIAL TERROR



Thousands of angry citizens have clashed with the police over a death of a 15-year-old girl (allegedly murdered by a son of a local government official) in a local town of China.

http://www.asianews.it/index.php?l=en&art=12633&geo=6&size=A

Oil producing Arab countries, like Saudi Arabia and Kuwait, have never set the ceiling for oil prices they sell to consumers in the U.S. and other industrialized countries that saved them so many times from Saddam Hussein's Iraq and other insurgents.

Mr. McCain should travel to China and the Middle East but not to Mexico like American drivers for cheaper gasoline.



SECTION I: FINANCIAL TERROR (CHINA)

The term "financial terror" might have been first used in 1990’s among experts concerned on both the sides, Japan and the U.S.

It was an era when Japanese financial power threatened super-rich men in the United States.

Accordingly then, the Clinton Administration launched the Money War on Japan, mobilizing every political and intelligence means.

In doing so, they missed the growing danger and its implication of Islamic terror targeting the U.S., which actually resulted in the 9/11 Terror.

But, recently, the term has been started to apply to the China-US economic relationship.

------------------------------
China And The United States And The Balance Of Financial Terror
Posted by Dan on January 13, 2008 at 03:36 AM

…Thesis is that China has essentially been subsidizing the United States for a long time and the key questions are whether this will continue, for how long, and what mind end it. Conclusion seems to be that it will continue because it is in the best interests of both China and the United States, but some major event might trigger its end.

According to the article, the Chinese government has, for the most part, chosen to save/invest its money to promote growth at the expense of consumer well being. I do not think this assumption can be disputed…

---
There were some 87,000 rural [violent] protests in 2005 and the best way to reduce that number is jobs. Countless university graduates are without jobs or underemployed. The Chinese government must keep up its growth machine to create jobs for these people…
---

Fallows' goes on to note how the "Chinese public is beginning to be aware that its government is sitting on a lot of money—money not being spent to help China directly" and "Chinese bloggers and press commentators have begun making a connection between the billions of dollars the country is sending away and the domestic needs the country has not addressed." Nonetheless, the "balance of financial terror" between China and the United States, likely means little will change until something changes…

http://www.chinalawblog.com/2008/01/china_and_the_united_states_an.html
------------------------------

Anyway, you should refer to the following figure again, which I once posted as an evidence of Japan's contribution to stabilizing the US economy as well as the prices of US Treasury bonds.

http://www.ustreas.gov/tic/mfh.txt



SECTION II: FINANCIAL TERROR (OIL RICH ARABS)

A week or so ago, I wrote about a possibility or a hypothesis that Saddam Hussein carried out the perfect conspiracy by influencing AlQaeda very remotely and indirectly, since the Arab and Muslim world is large and versatile covering from the Mediterranean, immigrant societies in Europe, North Africa, the Middle East, Central Asia, South Asia, and as far as the Philippines.

His perfect clandestine efforts might have really possibly led to the 1993 WTC Terror and the series of terror on the U.S. properties up to the Pentagon and WTC in 2001.

Now, a great concern about “oil peak,” namely depletion of crude oil reserves on the earth is getting intensified.

Oil-rich Arab countries are infusing a huge amount of money into Wall Street where many major players are suffering the subprime-loan business debacle which is estimated to lead the credit contraction of $1 trillion scale.

And decisively, there are grudges being accumulated among some Muslims against the U.S. through the processes of the Wars in Iraq and Afghanistan. This level of antagonism to the U.S. must surpass that inside the mind of, say, Mr. Osama bin Laden and Saddam Hussein.

Then, those anti-American Muslims might be engaged in other perfect conspiracy to revenge themselves on the U.S. and its allies.

In this case, the present situation might allow them to resort to economic terror by leveraging their Wall Street connections and huge oil reserves in their territories.

Accordingly, a crazy surge of oil prices that can completely destroy reputation and honor of US major petroleum companies may be explained.



SECTION III: THESE ECONOMICS GUYS

To avoid economic terror, we have to refer to history.

If every economic theory is based on the assumption that businesses seek for infinite interests forever, those managing and running a business and funds must think that their greed is authorized by economics, since there are no non-nonsense arguments about human greed in economics.

(It is just like there are no non-nonsense arguments about fatal human desire to seek for higher positions and status in a communist party in Marxism.)

They must think that they are doing the right thing to try to get as many as profits by raising the price of oil as high as possible, which can be abused by avenging Muslims.

Even Chinese Communist Party leaders will think that they can manipulate dollars in whatever way, for economics imposes no rational restrictions onto such a destructive way of the quest for profits. They will justify their future possible actions of using hugely accumulated dollars as weapons if things go very wrong for the Party.

But, John Maynard Keynes stopped and pondered how legitimate the capitalism is. Using the terms such as “love to wealth” and “love to money,” he also took into account religious views on the desire-driven society.

Though he admitted that capitalism had so many manifest deficiencies, he concluded that capitalism could be the most suitable system to promote development of the human society.

In this era of the War on Terror and the possible Financial Terror, we have to return to the point where Keynes rather easily put an end of consideration: the significance of “love to wealth” and “love to money.”

Yet, only Keynes seemed to really feel the need to mention these concepts in study of economics (probably seeing Karl Marx as a rival).

No others without this level of the brain even minded the need for casting an eye at the teaching of Jesus Christ: "You cannot serve at the same time both the God and the Mammon (while only the God can guide people into truly valuable development of the society avoiding every terror)."

Ultimately, Keynes should have had a more Christian brain so that his work would not have been abused by the British Upper Class and European and American super-rich people who are diffusing an idea that economy has nothing to do with the words of God.



( http://page.freett.com/noren/beet/past1/past1-7.html )




Psa 91:1 He that dwelleth in the secret place of the most High shall abide under the shadow of the Almighty.

Psa 91:2 I will say of the LORD, He is my refuge and my fortress: my God; in him will I trust.

Psa 91:3 Surely he shall deliver thee from the snare of the fowler, and from the noisome pestilence.

Psa 91:4 He shall cover thee with his feathers, and under his wings shalt thou trust: his truth shall be thy shield and buckler.

Psa 91:5 Thou shalt not be afraid for the terror by night; nor for the arrow that flieth by day;

Psa 91:6 Nor for the pestilence that walketh in darkness; nor for the destruction that wasteth at noonday.

ALL THEIR LOVING OF PETROLEUM

(Museum of Maritime Science on the Bay of Tokyo in the Rain of June, 2008)


ALL THEIR LOVING OF PETROLEUM


My new theories are about a financial conspiracy by Wall Street and an act of financial terror by oil-producing Islamic countries in addition to the sophisticated CO2 colonialism.


SECTION I: DEMOCRATS AND WALL STREET

Late last night in Japan, a TV news program showed Mr. Obama and Mrs. Clinton sitting side by side in an air plane.

I have not much to say about them, but the following news article a year ago should be checked by US voters, since Bilderbergers who lost big money in the subprime loan transactions look now like trying hard to make up for their losses by resorting to their financial arms’ operation in the crude oil market. It is truly regarded as another act of a conspiracy.

----------------
Obama Top Fundraiser on Wall Street
Wednesday, April 18, 2007; Page D02

…The Illinois senator raised $479,209 from employees at the banks in the quarter, according to Federal Election Commission filings. Giuliani collected $473,442, and Clinton got $447,625. The figures are based on employers listed by the donors; in some cases, names are incomplete or missing…

The employees of Goldman Sachs and UBS gave Obama more than $260,000 combined. His top fundraisers include David Heller, a managing director at Goldman, and Robert Wolf, chief executive of UBS Americas.

"I've never had a higher hit ratio in terms of asking people for money and them saying yes," said James Torrey, an Obama fundraiser and chief executive of New York-based Torrey Associates, a $1.3 billion fund of funds.

Employees of Goldman, the world's biggest securities firm by market value, donated $120,250 to Obama, who addressed Goldman's annual partners' meeting in Chicago last year, and $113,750 to Romney, the filings show. Clinton got $64,400 from the firm's employees.….

U.S. employees of Zurich-based UBS gave more than $140,000 to Obama, compared with $62,050 to Giuliani and $9,100 for Clinton. Romney raised $24,100 from UBS employees, and McCain took in $16,000….

During the quarter, New York-based Bear Stearns hosted presidential candidates from both parties. In the end, the firm's employees gave their biggest group of donations to Giuliani. He received $67,942 of their more than $200,000 in contributions.

http://www.washingtonpost.com/wp-dyn/content/article/2007/04/17/AR2007041701688.html
----------------

It is well known that Mrs. Clinton has strong supporters in the Rothschild clan, though it is said that she now needs big money to pay back debts and Mr. Obama is financially very sympathetic to her, which tells what Bilderbaergers can do at most for their failed friend.



SECTION II: MR. MCCAIN AND THE VIETNAM WAR

Mr. John McCain is a son of a US full admiral who is also a son of a US full admiral.

Mr. McCain was as wild as Mr. George W. Bush when he was young in late 1950’s and early 1960’s.

Mr. McCain loves boxing.

Indeed, when I checked his career in Wikipedia, I found an imposed image of an officer of the Roman Empire on him.

Mr. McCain can be rather easily understood by seeing a Roman Empire general in him, though what he served on active duty for was the Vietnam War but not the Jewish-Roman War.

------------------------------
In ’74 Thesis, the Seeds of McCain’s War Views

…But in Mr. McCain's paper, he instead focused on the failure to sustain public support for the fight. The paper was obtained through the Freedom of Information Act and provided to The New York Times by Matt Welch, an author of a book about Mr. McCain.

He cast a cold eye on the public sympathy for prisoners like himself. “Two and a half million American fighting men served in the Vietnam conflict, and more importantly 46,000 sacrificed their lives,” Mr. McCain wrote. “Yet in the latter stages of that war millions of people were more actively concerned about the plight of 565 P.O.W.'s in Hanoi than in any bigger issue of the war.”

American elected officials, he argued, had fostered a myopic focus on the prisoners by forsaking the goal of unconditional surrender in favor of a negotiated peace, enabling the North Vietnamese to turn their hostages into a bargaining chip. "Many Congressional resolutions, favorable to the enemy, were based solely on the guaranteed return of Americans from North Vietnam," he wrote….

Mr. McCain's proposal that the military teach U.S. foreign policy to its recruits may be his most notable recommendation. "Too many men in the armed forces of the United States do not understand what this nation’s foreign policy is," Mr. McCain wrote, adding he did not propose a Soviet-style “indoctrination,” but “a simple, straightforward explanation of the foreign policy of the United States.”

In his e-mail message, Mr. McCain stood by the idea. "It is important, not just for P.O.W.'s, but all Americans serving in combat to understand the purpose and reason for the sacrifices they are asked to make for our country," he said…

http://www.nytimes.com/2008/06/15/us/politics/15pows.html?pagewanted=3&_r=1&sq=McCain%20Vietnam&st=nyt&scp=10
---------------------------

If you mind most the subprime loan debacle, you may have to be more politically correctly concerned with the linkage between Mr. Obama and Wall Street.

But, if you mind most the War on Terror you may have to be more politically correctly concerned with the linkage between Mr. McCain and the paradigm he has lived on in his career since the era of the Vietnam War.



SECTION III: THE OIL-PRICE SURGE: CONSPIRACY OR TERROR?

Having said so, your delving into the subprime-loan transactions catastrophe may lead to the discovery of the financial conspiracy producing the surge of oil prices behind which some Bilderbergers may be actively working.

The crazy surge of oil prices can be even regarded as an act of terror by oil-producing Islamic countries.

AlQaeda physically attacked WTC and the Pentagon; but now oil-producing Islamic countries look like being engaged in a financial act of terror against US consumers as well as global consumers.

So, this crazy surge of oil prices can be regarded as a combined effect of Bilderberger’s Wall Street-based conspiracy and a covert act of financial terror by oil-producing Islamic countries.

The issue is whether Mr. Obama being supported by Wall Street, especially by Goldman Sachs, can in earnest tackle this issue for US consumers and poor Americans.

The issue is also whether Mr. McCain supporting combats and other military maneuvers in the Middle East, can in earnest tackle this issue for US consumers and poor Americans.

Mr. Obama will have to scold at some Bilderberg Conference members so as to stop their suspected conspiracy to cause catastrophic inflation of oil prices.

Mr. McCain will have to scold at some oil-producing Islamic states’ leaders so as to stop their suspected terror to cause catastrophic inflation of oil prices

But, which looks more possible?

(In addition, I cannot help but assume that a price level over $170 is a clear evidence of my conspiracy and terror theories involving Wall Street and oil-producing Islamic nations being supported by CO2 conspirators in Europe.)

******************************************************************************

From a historical point view, the situation where Mr. McCain and Mr. Obama are competing resembles that of the Roman Empire getting closer to its downfall.

An old general living on the Roman military traditions is now facing a challenge posed by a young senator of mixed race who is enthusiastically supported by the burgeoning financial sector in Rome.

And, a majority of today’s Roman citizens, namely US voters, have to choose either of the two.

All they, namely US voters, have to do is to become members of a new religion, namely Christianity if 1700 years ago.

Inevitably today they, especially poor Americans, have to become members of an intangible group of believers being engaged in US Religious Revolution the number of which might be however deplorably still a few.

Anyway, even if the stability of the US economy and the global economic framework are lost due to the catastrophic inflation of oil prices, those who are engaged in US Religious Revolution must be saved just like those pious Christians in the Roman Empire.

Those Roman citizen Christians were saved in the darkest days of the collapsing Empire eventually to connect the glory of the Roman Empire to modern European Civilization through the medieval period, (though the controversial Vatican was also nurturing a dangerous ideology that was manifested in the 20th century by Nazis of Germany who once so much longed to inherit the military glory from the Roman Empire).

That is why I am telling you that you have to study the history, focusing on the era of Caesar, Cleopatra, and Jesus Christ that spanned just one or two generations.

Indeed, from the death of Cleopatra to the death of Jesus Christ it took only 63 or 65 years just like from the end of WWII to preset days.

Or specifically it can be comparable to 60 years between the demise of the Empire of Japan and the emergence of the EEE Reporter blog, if the God so stipulates.



(That is all for today, since you may look like a Mediterranean…

http://page.freett.com/noren/beet/with/with3.html )


Pro 7:1 My son, keep my words, and lay up my commandments with thee.

Pro 7:2 Keep my commandments, and live; and my law as the apple of thine eye.

Pro 7:3 Bind them upon thy fingers, write them upon the table of thine heart.

Pro 7:4 Say unto wisdom, Thou art my sister; and call understanding thy kinswoman:

Pro 7:5 That they may keep thee from the strange woman, from the stranger which flattereth with her words.

FISCAL SCALE TELLS EVERYTHING

FISCAL SCALE TELLS EVERYTHING



Whenever America makes a mistake, some Japanese journalists say that American leaders (including Bilderbergers) are doing a mistake on purpose for a certain profound and judicious reason.

(For example, they think that smart Americans cannot be attacked at WTC or the Pentagon by small-timer Arab gunmen calling themselves AlQaeda or something like that. Therefore, they think, the 9/11 Terror must be a conspiracy by the smart Bilderberg Group or the smart US Federal Government for a certain profound and judicious reason.)

But, there is no such a profound and judicious reason.

(The Bilderberg Group or the US Federal Government had no such smartness as to carry out the 9/11 Terror while casting the blame on Mr. Osama bin Laden and AlQaeda.)

They are making a mistake simply because they are not smart enough, though they seem at least somehow intelligent, say, trying to save their face by concocting and diffusing the 9/11 Conspiracy Theory.

But, there is a reason for some Japanese, including politicians and journalists, to put too high a valuation on US politicians and Bilderbergers.

It is a huge amount of money.

As America has a huge amount of the national budget, some Japanese tend to think that American leaders are hugely smart to pretend that they are making a mistake while doing a covertly and clandestinely right thing for a certain principal object.

But the fact is that they are hugely non-smart as proven by such hugely horrible mistakes as the 9/11 Terror, disastrous operations in Iraq, Afghanistan, and Pakistan, and financially unbearable losses due to bogus subprime loans and virtually criminal speculations in crude oil, all damaging reputation and honor of the super-rich Europeans and European Americans, though they are still pushing the CO2 conspiracy.

Yet, we had better check the huge amount of money that has made some Japanese blind to the truth of America and Americans.



SECTION I: US MILITARY SPENDING

If you look at the following graph showing a fiscal scale, you might think that America is OK in continuing the War on Terror.

(Click to enlarge.
Source: http://www.truthandpolitics.org/military-relative-size.php )

But if you also look at the following figure, you might start to worry about the continuation of the War on Terror.
(Click to enlarge.
Source: http://www.infoplease.com/ipa/A0904490.html; http://www.infoplease.com/ipa/A0933935.html )

Indeed, 700 billion dollars spending per year for total defense and military operations tells what country the United States of America is now.

(The national expenditure of Japan is about $800 billion; and around $420 billion and $470 billion for Germany and France, respectively.)

The U.S. is not respected by the world, so that it must protect itself with guns, tanks, cannons, missiles, jet fighters, warships, aircraft carriers, and nuclear weapons.

It is not a shame, since the Roman Empire must bear the blame for having taught a bad lesson to its successors over the Atlantic Ocean.

But this stupendous budget alone is enough to make some Japanese politicians and journalists overestimate the ability and talent of US leaders and elites including the Bilderberg Group.



SECTION II: TRUTH OF US MILITARY INTELLIGENCE

When you look at the above figure, you will find that there were two periods in the past when US Defense spending had been comparatively low: late 1970's and late 1990's.

It is speculated that in those eras well-educated and ambitious American youths did not think that they would make a career in the defense sector or the DOD.

So, there is a grave concern that those who entered the US defense sector in those periods might lack something important in their ability and talent.

When they moved up the bureaucratic ladder in the DOD and encountered the War on Terror, what would they do?

------------------------
In 2005, the RAND Corporation submitted a report to the Army, called "Rebuilding Iraq," that identified problems with virtually every government agency that played a role in planning the postwar phase. After a long delay, the report is scheduled to be made public on Monday….

It adds to a growing body of literature about the problems the United States encountered in Iraq, not all of which has been embraced by Army leaders….

“The military means employed were sufficient to destroy the Saddam regime; they were not sufficient to replace it with the type of nation-state the United States wished to see in its place…”

A big problem, the study says, was the lack of detailed plans before the war for the postwar phase, a deficiency that reflected the general optimism in the White House and in the Pentagon, led by then-Secretary of Defense Donald H. Rumsfeld, about Iraq’s future, and an assumption that civilian agencies would assume much of the burden….

L. Paul Bremer III, who replaced Jay Garner, the retired lieutenant general, as the chief civilian administrator in Iraq, issued decrees to disband the Iraqi Army and ban thousands of former Baath Party members from working for the government, orders that the study asserts caught American field commanders “off guard” and, in their view, “created a pool of disaffected and unemployed Sunni Arabs” that the insurgency could draw on….

General Sanchez, who has retired from the Army and recently published a book about his time in Iraq, told historians that his new command was hampered by staff shortages and by the failure to coordinate the transfer of responsibilities to his new headquarters.

"There was not a single session that was held at the command level to hand off or transition anything," he said…

http://www.nytimes.com/2008/06/29/washington/29army.html?pagewanted=1&ei=5087&em&en=4d9636bb99326d75&ex=1214884800
------------------------

Not very sad to confirm it, though, they were not so smart: US generals who invaded Iraq.

They were not so smart: top officials at the Pentagon.

They were not so smart: the Bush Administration as a whole.

But, they had a huge sum of a war budget.

This overwhelmingly huge money used for US defense has misled some Japanese politicians and journalists into believing that the US Government has been making a mistake by intent for some profound and judicious reasons.

The truth is that the leaders of the US Government have been making a series of big mistakes in domestic and foreign policies just like ill-qualified generals and advisers who made a series of big mistakes in Iraq.

They made so many mistakes not for any profound and judicious reasons, while looking like allowing for realization of the multipolar world since such a world is realistically and inherently against US interests as they have such a huge national budget and a huge amount of nuclear weapons in addition to the magic financial instrument the US Dollar.


And, remember that the Roman Empire never wished a multipolar world.

*********************************************************************

That is why I am telling you that you should not respect any liberal leaders here and there, since they are abusing the various conspiracy theories supported by a blind belief of ordinary anti-establishment citizens that US leaders and super-rich men are so smart as to carry out, say, the 9/11 Terror.

According to the teaching of Jesus Christ, the more you are given money, the more you need wisdom to effectively use it.

The required level of wisdom for US leaders is far higher than their best smartness can reach.

In this context, US leaders, such as the mainstream politicians, super-rich men, and the Bilderberg Conference members, are all not smart enough.

That is why the 9/11 Terror occurred; Iraq occupation has been a series of failures; their strategies against Iran and Pakistan are now accompanied by an evil aura; AlQaeda members are free and busy setting up road-side bombs, and North Korea handling has turned out to be a kind of Commedy Central, while the sub-prime loan problem and the too-high oil-price problem have just made everybody unhappy.

You had better listen to a follower of Jesus Christ (such as EEE Reporter).

And all I have to say is that less you have money, the less you need smartness to dispose it.



(For example, all John Lennon wanted to say before being assassinated must be, of course, "Don’t Let Me Down," to the US Government and the Bilderbergers as well as the British Upper Class who must be also responsible for the death of Princess Diana and JFK Jr., if I may so claim...

http://page.freett.com/noren/beet/past2/past2-10.html )



Pro 6:30 Men do not despise a thief, if he steal to satisfy his soul when he is hungry;

Pro 6:31 But if he be found, he shall restore sevenfold; he shall give all the substance of his house.

Pro 6:32 But whoso committeth adultery with a woman lacketh understanding: he that doeth it destroyeth his own soul.

OIL PRICE DISCUSSIONS (2)

(Tokyo Bay in the Rain)

OIL PRICE DISCUSSIONS (2)

USA TODAY is offering a place for a free discussion on the oil price issue or devil's gasoline business.

One interesting or noteworthy argument is as follows:
----------

Gas at a premium
posted at 5/13/2008 12:38 PM EDT

For the government to release the strategic oil reserve to add only about 70,000 gallons of oil to the market per day is exactly the opposite of what should be done. China is importing twice as much oil per day as it uses in order to stockpile for the future when the price is higher and they would be able to even sell it back to the market. 

We need to keep gasoline prices high in order to
CHANGE OUR DIET FROM OIL TO ELECTRICITY! IT IS TIME TO BECOME AUTARKIC IN ENERGY AND OTHER RAW MATERIALS! 

In my 1997 thesis “The World-wide Deconomy 1999-2011” using four different mathematical algorithms, I calculated that the price of oil would reach an estimated $100 / 42 gallon barrel by 2007. This was in response to then Secretary of Energy Bill Richardson (current governor of New Mexico) who told the US public that “the price of oil would stabilize at $20/barrel by 1999 and remain there for a decade”. In my 2003 thesis, “The Rebirth of Technocracy – 2011-2016”, using two new algorithms, I recalculated that the price of oil would reach $100/bbl by 2007, $150/bbl by 2009 and $250/bbl by 2011. This was in response to then Federal Reserve Chairman Alan Greenspan’s comments to Congress and the US Public that “ the price of oil would stabilize at about $50/bbl for the foreseeable future.” I have no idea what algorithms the Department of Energy and Federal Reserve were using to calculate the predicted price of crude oil into the future, but their calculations do not appear to reflect reality.

In my 2003 thesis, I determined that the breaking point for the economy and the average consumer in the United States (and the world) would be when the price of oil reached approximately $175 / barrel. At this point, a drastic change in personal transportation would become a necessity. It appears now in 2008, that the breaking point may be closer to $125/ barrel.

If there is a current need for a drastic change in personal transportation, which I believe there is, we must provide incentives for the consumer to change their mode of personalized employment transportation especially in urban areas.

An example of a technocratic market economy in the area of autarky would be the economic encouragement for consumers to replace their gasoline powered work vehicles with electric powered personal cars. How would this work? Rather than Congress trying to force the large oil companies to put more profits into renewable resources, the government would offer to all employers in urban areas (100,000 people or more), a financial incentive program tied to the 5-year Treasury bonds or a new renewable resource bond issue, and the employer would establish a program with a financial institution where workers could procure an electrically powered vehicle through a payroll deduction plan at a guaranteed lower interest rate for 60-72 months. Indirectly through this program, the government would stimulate automobile industry to rapidly start building electric cars in a competitive fashion. Consumers would be also be encouraged to purchase an electric vehicle in this fashion through a federal income tax deduction. What would this do? 1) It would significantly reduce the consumption of foreign oil by 30% within 2 years and by as much as 55% within 3 years, 2) it would clean up the air in cities and significantly reduce the release of carbon dioxide to the atmosphere, 3) stimulate the auto industry to change the technology of personalized transportation, 4) stimulate supporting industries such as chemical companies, battery companies, electrical companies etc., 5) reduce the financial burden on consumers so they have more money to save, buy food, clothing and housing and many other things.

So through technocratic autarky, we could stimulate the economy, stimulate competition, increase employment, decrease reliance on foreign raw materials, improve the trade balance to exports equal imports, improve the environment and reduce global carbon emissions and improve the individual citizen’s financial status.

Most importantly is instead of trying to force the oil companies to invest profits into renewable resources which do not directly benefit transportation or trying to tax the oil companies which would be passed on to the consumer, apply consumer incentives to encourage changing the way people transport themselves. As the oil companies realize less profit due to rapid drop in gasoline consumption as electric vehicles take people to and from work, they will have financial encouragement (forced) to diversify into more renewable resource development and management to remain in business with profits.

P.W. Shafer PhD

http://www.usatoday.com/community/forums.aspx?plckForumPage=ForumDiscussion&plckDiscussionId=Cat%3aec018ff9-2afb-4253-a3a7-c229861d7279Forum%3ac958a135-853a-4307-8bc4-2461fd04a968Discussion%3aa575de08-7911-476e-8acc-f0b3c50ae91d
----------


Global warming is a fact; but human arrogance which has caused it is still predominant as people think they can deal with it by simply focusing on reduction on CO2 with a price tag.

The oil price surge is a problem; but human arrogance which has caused it is still evident in the claim that it should be addressed with other technology while adhering to a sinful principle that businesses should be allowed to seek for infinite profits if resulting in environmental destruction of the earth.

True discussions can be only decisively powerful when leaving figures, numbers, technologies, regulations, and business arrogance.

Yet, I hope that you will discuss these issues more with all your ability and talent, since it is you who will be judged by the God on the count of relying on so much on human wisdom but not the wisdom of God, since foolishness of God is yet far cleverer than wisdom of men.



(Have a good Sunday night, too!


http://www.fukuchan.ac/music/j-folk0/konyawaodorou.html )


*** Added in October 2011 ***

http://seekingalpha.com/article/222381-the-best-peak-oil-investments

*** Added in November 2011 ***

In 2009, when the Japanese Government prepared the Trade White Paper, it became clear that 40% of oil prices in 2008 was due to speculations and 60% due to real demands.


Luk 6:28 Bless them that curse you, and pray for them which despitefully use you.

Luk 6:29 And unto him that smiteth thee on the one cheek offer also the other; and him that taketh away thy cloak forbid not to take thy coat also.