http://www.bloomberg.com/apps/news?pid=20601087&sid=afIu492CyWMw&refer=home

Make no mistake about this folks, this is a depression era move.  Paulson, Bernake and Schumer are no less than a triumvirate of fools.  Ironically, Bernake claims to be a student of the depression.    There were so many bailouts that the government is forming a government agency to bailout companies.  As I read this article I seemed to remember a similar venture from the Great Depression.

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

There has been another corporation like the Reconstruction Finance Corporation which was used in the late 80’s as follows:

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

Whatever the acronym, whatever the intent, the purpose is singular.  Let no one try to dissuade you from understanding.  The goal of any such organization is to pass the buck on to the taxpayer.

As far as finance goes, this is a hail mary pass which hurls the debt in the air and hopes the market has time to recover to land the touchdown.  Such a venture did work in the case of the Savings and Loan crisis of the late 80’s, however, many believe the Reconstruction Finance Corporation served only to prolong and worsen the Great Depression.

This latest crisis is by all accounts much worse than the Savings and Loan crisis and as far as the amount of debt shouldered per capita, could easily be a gre’08er depression than that of the 30’s.

Buckle up, we’re in for a wild ride.

bailout · bernake · Case · finance · gre08er depression · great depression · http · paulson · reconstruction finance corporation · Red · resolution trust corporation · rls · savings and loan · schumer

On this anniversary of Sept 11, I am privy to a pre-release of a recent report from the 9/11 committee.  The report details the wholesale destruction of the US economy by Al Qaeda operatives operating within the United States in a coordinated strategy to bring the US economy to its knees. 

Evidently the terrorist attacks on Sept 11, 2001 were really just a smokescreen for the more prolonged strategy to destroy our economy.  It started with Fedr Al Grin, a high ranking operative deeply embedded in the US banking system, decided to lower interest rates under the guise of stabilizing the economy. 

Below is a transcript of the interrogation of the recently captured Al Qaeda operative Hanny P’Alsin:

This [Fedr Al Grin's actions] led to freely available money which the “infidels gulped up like candy.”  Fedr Al Grin smiled happily watching the infidels load up on overpriced housing and cars they couldn’t afford until 2005 when he started to tighten the noose he had placed around the necks of the infidels.

In 2005 Fedr Al Grin started to raise the interest rates, again under the guise of protecting the economy, and the foolish infidels fell for it.  Suddenly they all began to realize that they were living beyond their means as the money supply evaporated.  Fedr Al Grin played the clarinet as the mortgage market burned.  The Department of Homeland defense became wise to Fedr Al Grin and had him removed from office.  Under water boarding at Abu Ghraib, Fedr Al Grin admitted to many of his sins and wrote an expose detailing the turbulent times he had overseen. 

However, while Fedr Al Grin was on one hand admitting to the evils of the system he had overseen, he had already placed a backup, his protoge Bin Bernik in place.  Bin Bernik watched as banks suffered and fell.  In their weakest moment, he offered help with a secret system to bail them out with infidel taxpayer dollars.  Bin Bernik was well trained by Fedr Al Grin to use a financial terrorist tactic to counterfeit US treasury notes.  By printing too many of them and using this counterfeit money to bail out and own financial institutions, Ben Bernik was and is covertly taxing the entire infidel population into bankruptcy.

One by one the mighty infidels fell.  Bear Sterns, survivor of the great depression sacrificed itself at the feet of Ben Bernik and his plan.  Freddie and Fannie, sacrificed themselves to Bin Bernik saddling the infidels of America with $5 trillion dollars in debt in a single weekend.  Even to this very day, the great intelligence of this plan is still giving fruit.  Lehman Brothers of New York is faltering, soon to fall. 

The US infidel automakers are also rallying to the cry of Bin Bernik.  They too want this free money which secretly bankrupts the US economy.  Airlines, insurance companies, all too big to fail, will sing the song of Bin Bernik to their destruction.  Bin Bernik will happily supply all these companies with counterfeit currency and thus dilute the savings of all the infidels until their lavish economy implodes.

On this anniversary of 9/11 we as Americans have come to realize that all our problems exist overseas.  Clearly this latest report serves only to amplify our need for our continued efforts in the Middle East occupying more sovereign nations to ensure our freedom.  I call on all Americans to pick one of the non-invaded ’stans (Pakistan, Turkmenistan, Uzbekistan, Tajikistan) for immediate attack.  It doesn’t matter which one, clearly any country ending in ’stan will harbor some sort of terrorist.  Only in so doing will we secure freedom for our children and security at home.

9/11 · Al Grin · Al Qaeda · ale · Allan Greenspan · America · anniversary of 9/11 · anniversary of Sept 11 · bank · banking · bankruptcy · bear sterns · Ben Bernake · Ben Bernik · cent · Department of Homeland · Economy · fannie · fannie mae · fed · federal reserve · Fedr Al Grin · financial terrorist · freddie · freddie mac · great depression · Henry Paulson · high ranking operative · ILS · insurance · interest rate · king · lehman brothers · middle east · MIT · mortgage · New York · operative · Pakistan · printing · quote · Red · Tajikistan · Turkmenistan · United States · USD · Uzbekistan

PDF Version: AncientInjustice.pdf

Growing up, my Jewish education consisted of an after school program (‘cheider’ to the Yiddish inclined) while I attended public school by day.  On my walk to Hebrew School I would often try to marry the two bodies of knowledge from the two respective school systems.  A happy romance occurred around 1987 between the religious and secular bodies of knowledge.  As many may recall 1987 was the year of the big crash on the stock market.[1]  Debt and the economy were on the lips of many in those days.

In the secular world there was tremendous talk of personal and national debt, interest rates, unemployment and the like.  All the while, the Torah I was reading in Hebrew school was definitely running on about the sabbatical forgiveness of debt and the precept that “there should be no poor among you”. (Deut 15:1-4)  Now my mental image of the ancient Israelites was that of a pastoral, agrarian people.  With hindsight I can say that this image was only slightly misguided.  Despite the rumored grandeur of the Davidic kingdom, archaeologists hold that their society was more rural than urban.

But this left me with a theological problem:  I saw debt as a product of banks which were on city streets.  I failed to conjure an image of rolling agricultural fields dotted with banks and/or ATMs at the Temple gates. (Parenthetically, it turns out that if the Gospels have any historical veracity, there may have been just such an ancient equivalent of an ATM at the Temple gates.  More to follow shortly.)  Failing to imagine ancient banks, I was puzzled about what the ancient Israelites knew of debt and how then did this prescient warning against the accumulation of debt make it into the Torah?  I questioned my Hebrew school teacher along these lines and I was given the answer that ‘the Torah contained the writ word of God and all His wisdom.  It was written for all times and addressed all the problems that we would encounter until the end of days.’

Platitudes such as this are to young inquisitive men, such as I was, like drinking sea water when thirsty:  quenching only at first and then leaving you more thirsty than ever.  If my teacher’s answer was to hold water (pun intended) then there were conspicuous absences from the ‘writ word of God’.  Where were the foundations for democracy?  Where were the specific prohibitions against slavery (beyond the sabbatical release of Hebrew slaves)?  Where was the discussion about protecting the environment beyond the scant ordinances for burying excrement beyond the outskirts of camp (Deut 23:14)?  From those grandiose absences there were more mundane absences like: Where were the prohibitions against smoking and where were the prohibitions against high cholesterol foods?  My attempts to marry the religious and secular belief systems were thwarted by the absence of these secular guidelines which I had determined to be legitimate and necessary.  After a brief flirtation the attempted marriage failed in divorce with the judgment pronounced by my rationality decreeing that the Torah was not indeed the writ word of God.

Literalists may be tempted by the previous sentence to toss this work out of hand directly into the fire.  Indeed this may provide needed warmth to those suffering the effects of debt.  Just the same, with a bit of patience on both sides of the theist/atheist debate, I believe there is commonality to be found in the good intentions of the Torah.  While we may debate its authorship I will not debate that it was written with the best of intentions.  Further, I hold that it was written to describe an ideal rather than the actual practice of the day.  There is a common modern Israeli expression: “The synagogue I don’t go to is Orthodox.”  Similarly, I believe that the Torah describes an ideal set out for the people to follow which was likely, based on archaeological evidence, considerably different than religion actually practiced by the ancient Israelites.  Specifically, archaeology reveals the rampant practice of polytheism and idolatry up to the Babylonian exile.[2]  Biblical archaeology contends that the Torah was a compendium of tales written by a reformist movement railing against the practices of the day.  Setting aside the issue of biblical authorship, I will continue the discussion in the context of the good intentions of the author presently.

The now dubious authorship of the Torah made my original question even more pronounced.  If the Torah was not written by God, then who wrote it and how were the ancient Israelites aware of debt and its effects?  My research would lead me to the field of biblical archaeology.  I studied the works of William Dever and Israel Finklestein amongst others with the following results.  The ancient Israelites never conquered Canaan as told in the Torah canon.  They were instead Canaanites themselves who survived and replaced a decaying social order with a more egalitarian one.  For those interested in how I arrived at this conclusion there is a wonderful précis of biblical archaeology available on Public Broadcastings’ NOVA series: “The Bible’s Buried Secrets.”[3]  There you’ll find a terrific summary of all the archaeological and scientific findings to date.  I only wish this series had existed at the outset of my research for it would have saved me much trudging through many inaccessibly written academic works on the topic.  Researching biblical archaeology was much like archaeology itself: sifting through piles of academic detritus to yield occasional relics and then putting the pieces together.

So, accepting for the moment that the Israelite race emerged from the nadir of the Canaanite civilization, Zephaniah 1:11 becomes ever more clear:
“The dwellers of Machtesh [, a quarter of Jerusalem,] howl;/ For all the tradesmen [nation of Canaan] have perished, All who weigh silver are wiped out.”
Two things are critical in this passage.  First the time of Zephaniah, well past that of the Canaanite era, and second the reference to the weighing of silver.  Zephaniah was not admonishing the Canaanites but rather the Jewish merchants of Jerusalem who were acting like Canaanites.[4]  As to the reference to the weighing of silver, silver was then as it is now, a monetary metal.  All throughout history, every society has been plagued by the manipulation of their currency leading to their ultimate downfall.  Economists call the process seigniorage gain.

Seigniorage gain is the process by which the minter (usually the government) gains on the difference between the face value of the coin and the actual value of the metal used to make it.  I often think it is the job of economists to construct palatable names for what in the end turns out to be sheer larceny.  Those unfamiliar with the term may be more familiar with the contemporary synonyms such as ‘inflation’.  Whatever you choose to call it, ‘a lemon by any other name would taste as sour’ and inflation, currency manipulation, or seigniorage gain is quintessentially a tax on the middle class leading to widespread debt, poverty and wealth inequality.  It is a fundamental violation of the biblical injunction to have “fair weights and measures” (Deut 25:13-16).

It is my supposition that it was an economic collapse brought about by currency manipulation which spelled the end of the Canaanite civilization.  I will support this supposition by reviewing the log roll of history vis a vis currency manipulation and the subsequent unfolding of the relevant civilization.  Biblical archaeology tells us that the proto-Israelites literally fled for the hills in the face of the collapse of the Canaanites.[5]  There they regrouped and sought to set themselves apart from the evils of their past.  After the dust had settled they returned with a renewed spirit and purpose to set out a more equitable system.  To that end they developed laws against the accumulation of debt and the slavery that results.  Those laws were later canonized in the Pentateuch around the end of the Babylonian exile (4th to 6th centuries BCE).[6]

Some 600 years later we know that these laws were largely being ignored and that corruption again loomed large.  We have the historical testimony of the gospels of Luke and John which recount Jesus’ banishing of the money changers from the temple gates.  Around the time of the year 0 CE Roman currency was the common currency in the holy land.  These coins typically bore the images of pagan gods and were unacceptable for use in temple worship.  At the temple gates, benches of money changers would exchange these coins, at predatory exchange rates, to Levite coins for use in temple services.  These same money changers would charge the Levites unreasonable rates to change these coins back into Roman coins such that the Levite priests could make purchases in the markets.  Jesus found the entire process abominable and forcibly drove them from the temple.[7]  Whether you believe the historical veracity of the gospels is beside the point here.  What is known is that currency manipulation was clearly on the mind of the authors of the gospels and the gospels were known to be written around this time (admittedly within 400 years).  As a pertinent aside, the word ‘Bank’ comes from the Latin for ‘bench’ precisely referring to this historical antecedent.[8]  I believe it is social disarray caused by the financial ruin of Israel which led to its overthrow by the Romans.  There is textual evidence for this in the bible itself:  Jeremiah 7:11 reads “Is this house, whereupon My name is called, become a den of robbers in your eyes?”  Amos 5:7 reads “Ah you who trample the heads of the poor into the dust of the ground, and make the humble walk a twisted course.”

It is an irony of history, if not a recurring leitmotif, that the very same financial snare which destroyed Israel also destroyed its captors.  In Hebrew school we all learned of the famous (infamous) “Judea Capta” coin.[9]  This coin depicts the pride of the Romans in defeating ancient Israel.  It is in the silver or precious metal content of roman coinage with which we can track the decline of the Roman Empire.  The backbone coin of the Roman economy was the Denarius which started out with a silver weight of approximately 4.5 grams.  Have you ever noticed the ridges on the edge of a quarter?  These same ridges were present on the Denarius and there intention is to make any shaving of the coin obvious.  This made it harder for individuals to debase the currency but the government was free to mint coins with less and less silver content.  By the year 274 CE under Aurelian’s reign the coins had almost no silver content at all.[10]  The causes of the fall of Rome are admittedly complex, including the outsourcing of their military defense to barbarian mercenaries.  Just the same, the economic decline of Rome is certainly one of the principle causes and is yet another exemplar of the debasement of currency leading to the debasement of the underlying civilization.

The collapse of the Roman Empire led the world into the dark ages.  The Christian religion took hold championing the cause of the poor all through these long dark ages.  Eventually a fair monetary system was developed called the tally stick system.[11]  Very strict Christian based laws against usury (interest) prevented any monetary abuse.  However, in the 1500’s Henry VIII, obviously unaware of the peril, deregulated the economy and allowed for certain forms of usury.[12]  The economic maelstrom unleashed destroyed the English economy.  In the wake of the upheaval and in the aftermath of the English revolution of 1642, the Bank of London was established.  Oddly enough, the initial shares were bought with no other currency than talley sticks.  The bank of England replaced this monetary system with their own manipulated (or ‘fiat’) currency.  Currency manipulation was now institutionalized in the form of this ‘Central Bank’ put in place to ‘protect and regulate’ the money supply.

Just around this time, gold was being used as a currency.  Carrying ones gold on their person could be cumbersome and moreover, dangerous.  A robbery could erase ones savings.  The goldsmiths of the day agreed to hold gold for consumers at a nominal fee and issued them a certificate which they could then use to redeem their deposits.  These little slips of paper were much easier to work with and in a very short time, the slips of paper would be used in transactions instead of gold.  The goldsmiths made an astute observation.  Not all of their clients came to collect their gold at one instant.  As such they could lend out some of the deposited gold at interest making money on money they did not really have.  While this seems relatively harmless provided customers do not all come for their gold at once, it is in fact at the core of everything wrong in the world today.  The fraud is subtle yet essential to understand.  By using gold that say a farmer had deposited to make loans, you are using the hard labour of the farmer to make money with very little labour.  In a nutshell, this practice siphons up the value of labour and puts it in the hands of the advantaged few who are in a position to leverage it.  This is the practice of fractional reserve banking with is with us to this very day.[13]  When a middle class family takes out a loan to get an SUV, the bank does not lend you their money.  They lend you the savings of an auto worker who drives a compact sedan.  The banker turns interest on money s/he never owned and drives a luxury sports car on the profits.  Such is the food chain of fractional reserve banking.  Bankers love the practice for obvious reasons.  Politicians love it because they can finance their projects without reaching for tax dollars.  Projects can now be financed with thusly conjured money with only a nodding concern for inflation and the ever growing national debt. The average person neither loves it nor hates it because they do not understand it.  Hopefully, that is, until now.

The Bank of England was aware of the practice of the goldsmiths but instead of outlawing it, embraced it.  As such they succeeded in protecting and regulating the money supply insofar as her citizens of wealth were concerned but all to the detriment of the English parliament and the general public.  The bank so bankrupted England that England was forced to place a heavy tax burden on its colonies.  The American colonies revolted to the cry against ‘taxation without representation’ in the war of independence of 1762.  By the end of this revolution, with the effects of the Bank of England in mind the Americans set out to “form a more perfect union”.  Into their new constitution section 10 forbids “…emit[ing] Bills of Credit; mak[ing] any Thing but gold and silver Coin a Tender in Payment of Debts…”.[14]  It was pursuant to this section that the United States was on the Gold Standard for most of its existence up until 1933.  The Gold Standard ensured that every bill was backed by gold.  Bills printed prior to 1933 were marked “redeemable in gold”.  After 1933 they were marked as only “legal tender”.  The founding fathers knew of the threat of a manipulated currency but that memory and warning was, as we now see, historically fleeting.

The Americans had the first and second Banks of America which again started to manipulate the currency.  Andrew Jackson famously put a temporary stop to the banking cartels saying: “You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.”[16]  For a short while he succeeded.  From 1836 to 1913 the United States was free of a central bank and the currency manipulation they bring with them.

During this hiatus in central banking while financial crises persisted, inflation was flat.  That is to say that one dollar was worth one dollar for this interim period.[17]  This allowed for the accumulations of savings which is the true practice of capitalism.  Indeed by the early 1900’s bankers were concerned with the prevalence of self-financing of business development.  So concerned were the bankers that they sought to reassert themselves and in 1913, taking advantage of a recent (some say engineered) financial crisis, the Federal Reserve was born and central banking was reborn in America.[18]  Again too, the promise of the Federal Reserve was to regulate the money supply and again, so it did, to the advantage of the wealthy few.  As it has always been throughout history, currency manipulation manufactures debt and poverty.  Since the inception of the Federal Reserve, the purchasing power of the dollar has decreased by 95%.  Inflation has increased by 1929% (that’s 19 hundred and twenty nine percent!).[19]  The effect of this is that wealth inequality is now staggering.  As of 2001, in the U.S., the top 20% held 84% of all the wealth.[20]  For those who have trouble dealing with math, what this means is that if you are in the class of the remaining 80% (most of us are) then in a more fairly distributed economy – which would necessarily feature a fair currency – you would have approximately 5 times your current assets.

As common as monetary manipulation is throughout history, so too are the attempted fixes when the system gets out of whack.  A fiat currency (recall a ‘fiat’ currency is an ‘on faith’ currency) is a sort of monetary Golem: this time made of minted coins instead of clay.  Generally it functions impeccably as designed, siphoning wealth upwards but occasionally and often dramatically, it causes large financial upset.  When this Golem takes a swat at its banker creators the solution is to placate it with, yes, ever more printed or minted money.  This maneuver results in one of two results: 1) a temporary stabilization of the monster or 2) a hyperinflationary death when the monster collapses under its own weight.  Note that in either outcome, the best that can be accomplished is a temporary shoring up of the system.  Inevitably, the Golem collapses back into the imaginary ore it came from, only after raping the value of the land and passing it into the hands of the elite few.  Revisiting the economic death of Rome, Nero and other Emperors debased the currency via inflation fiddling and minting as it were while Rome burned.

However, one need not look as far afield to find a terrific example of the hyperinflationary death of an empire.  Just recently, the Weimar republic died just such a death.[21]  In the 1920’s Germany forced under the WWI reparations act to make payments to the victor nations.  The victor nations, most notably France and England who were in their own financial distress due to – you may have guessed by now – their own currency manipulation, pressured the Germans to make good on their obligations.  The German coffers were largely empty and as a result they decided to print money to meet their obligations.  The German citizens were wary of the stability of their currency and began to hoard cash fearing a crisis.  Simultaneously the German creditors began to fear default on their loans and closed the taps of credit.  The German economy stalled and went into a brief bout of deflation.  The Germans did what every other economy has tried all throughout history to solve the problem:  they threw more money into the market to try and jumpstart it.  The German citizens feared for their nest eggs which caused them to attempt to convert any cash they had on hand to real assets.  This unleashed a torrent of cash on the market which immediately lead to hyperinflation.[22]  Hyperinflation is runaway inflation fueled by panic and distrust of the underlying currency.  A corollary to the loss of trust in currency is an inevitable loss of trust in the government that promotes it.  It was thus that the Weimar republic fell leaving a political vacuum in its wake which would soon be filled by the Nazis.  Malcolm Muggeridge once wrote that: “It has been said that when human beings stop believing in God they believe in nothing. The truth is much worse: they believe in anything.”[23]  History will record that this is equally applicable to the cessation of belief in government.

Historians and economists alike may be quick to point out that there would appear to be a historic precedent for economic spending or stimulus as an escape to recession.  They undoubtedly would point to the Roosevelt era and the “New Deal”.  So hope filled were the citizens of the day that the New Deal was rhapsodized into the Great Depression era musical: ‘Annie’.  Daddy Warbucks swooned “I know the depression is depressing… But we’ll get a new deal for Christmas this year.”[24]  The character Daddy Warbucks was modeled after Paul Warburg.[25]  It was common knowledge at the time that this was so.  Warburg was one of the chief architects of the Federal Reserve which is the United States arm of the Bank of England.  The bitter irony here is that it was the Federal Reserve System which caused and exacerbated the Great Depression.  They were anything but the cure.  The famed economist Milton Friedman spent a lifetime promoting this interpretation of events.  On the occasion of his 90th birthday Ben Bernanke, the current chairman of the Fed said: “I would like to say to Milton… Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.”[26]  While I believe that Roosevelt was well intentioned, he was fatally naïve.  His New Deal served only to confiscate all public monetary gold and transfer yet more power to the Federal Reserve to manipulate currency.  The hidden tragedy of the musical Annie is that while she shares a stage with the theatric Roosevelt and Warbucks (Warburg) singing their accolades as her saviour, she is actually praising the instrument of her orphan plight.  (Annie was orphaned due to the financial insolvency of her parents.)

While unwittingly kissing the hand that starves you may be tragic when it occurs on stage, it is far more tragic when it occurs in the real world.  It is still a mainstream notion that Roosevelt’s New Deal was what rescued the Americans from the Great Depression.[27]  Even though all through history, government salvation through spending has led to financial ruin at every attempt some still espouse the idea that it is possible to spend our way out of the damage wrought by currency manipulation.  Currency manipulation is good for bankers and bankers fund business schools which produce bankers.  It is no wonder then that currency manipulation which goes hand in hand with government spending ‘has’ to be a good thing.  If you want to be at the top of this pyramid scheme you have to support the bricks that build it.  In this light, when the financial meltdown of 2008 hit, how did the pyramid builders propose to deal with the ‘Gre08er Depression’?  You guessed it, with more government spending.

Journalists are already pointing out the similarities in circumstances between Barack Obama and Roosevelt.[28]  I believe the comparisons are justified and that Obama is, like Roosevelt, well intentioned but critically misguided.  Mind you, not only is Obama misguided but most people are ill aware of monetary policy and its implications.  Obama promises trillion dollar deficits running for the next many years.[29]  It is his hope that this massive spending will shock the economy back to life.  The only shock it can reasonably hope to achieve though is shocking the Frankenstein of currency manipulation to life to turn on its creator.  The only reason Roosevelt’s New Deal appeared to work was that by the end of WWII, the US had developed tremendous manufacturing capabilities and the US was a burgeoning economy; the US emerged from the Great Depression despite Roosevelt’s New Deal, not because of it.  The situation in this Gre08er Depression is different.  There is no new manufacturing potential, indeed it is declining.  The US is not a burgeoning nation but is instead a declining one.  Thus the only shock government spending is capable of producing on the US economy is an electrocution.

Growing up I had trouble relating to the ancient Israelites I was reading about.  I could relate only to their enslavement in Egypt which I read as an allegory for my forced attendance at school.  Beyond that, they were a people very far from me both spatially and temporally.  My time was dominated by discussions and anxious anticipation of new technologies and new scientific discoveries.  While I could ‘upconvert’ an ordinance to help a neighbour right a fallen cattle to a more modern equivalent of assisting ones neighbour with a crashed computer in general the setting for torah morality written in terms of cattle, oxen and sheep failed to connect with me.  I was always amazed then as to how these seemingly simple people understood concepts such as debt.  Most debt in modern times comes from securing shelter.  In ancient Israel this could be accomplished by erecting four poles and securing canvas.  So where did these biblical injunctions come from, what wrong were they trying to right?

In trying to answer that question I would have to journey through studies of biblical archaeology and general history.  After so doing, I have found a new connection with the ancient Israelites.  They were trying to solve a very old and fundamental problem:  how to govern a large group of people equitably while preventing corruption.  Currency is one of the fundamental cornerstones of any civilization.  It is fundamental to most of our interactions and if it is corrupt, so too will inevitably be anything built on top of it.  Disappointment then comes in reading the scroll of history with each entry echoing the previous:  “Empire rises with high ideals.  The high ideals erode under complacency.  Corruption then leads to inequality and fiscal malaise.  Empire manipulates the currency to buy time.  Empire runs out of time.”

The tenet of monotheism according to the bible started with Abraham.  What the Torah describes as a moment of epiphany is revealed by biblical archaeologists to in fact be a long arduous process which took several hundreds of years.  Key here is that a stated ideal can become a practiced ideal with exertion of effort over time.  It is thus to the commandment that we “should have no poor among [us]” that we must redirect our time and efforts.  I have recently come to a conclusion that the reformed Canaanite predecessors of the world’s ‘big 3’ monotheistic religions likely came to long ago; poverty is not the result of a lack of wealth but instead a lack of justice.

——————————-

[1]   http://en.wikipedia.org/wiki/Black_Monday_(1987)
[2]   William G. Dever: “Did God Have a Wife?”
[3]   http://www.pbs.org/wgbh/nova/bible/program.html
[4]   http://books.google.ca/books?id=sIWn6lYS-MQC&pg=PA171
[5]   Smith, Mark “The Early History of God: Yahweh and Other Deities of Ancient Israel” (pp 6-7)
[6]   McDonald & Sanders, editors of The Canon Debate, 2002, The Notion and Definition of Canon by Eugene Ulrich, pg 4
[7]   http://en.wikipedia.org/wiki/Jesus_and_the_money_changers
[8]   http://www.etymonline.com/index.php?term=bank
[9]   http://en.wikipedia.org/wiki/Judaea_Capta_coinage
[10]  http://en.wikipedia.org/wiki/Decline_of_the_Roman_Empire#Michael_Rostovtzeff.2C_Ludwig_von_Mises.2C_and_Bruce_Bartlett [11]  http://en.wikipedia.org/wiki/Talley_stick
[12]  http://books.google.ca/books?id=pnszAAAAIAAJ&pg=PA8
[13]  http://en.wikipedia.org/wiki/Fractional-reserve_banking#History
[14]  http://www.usconstitution.net/xconst_A1Sec10.html
[15]  http://en.wikipedia.org/wiki/Gold_standard
[16]  http://quotes.liberty-tree.ca/quotes_by/andrew+jackson
[17]  http://www.economics-charts.com/cpi/cpi-1800-2005.ht ml
[18]  http://en.wikipedia.org/wiki/Federal_Reserve
[19]  http://postworthy.com/Worthy/ex/US_Dollar_Purchasing_Power_Decline/205.aspx[20]  http://mwiner.files.wordpress.com/2008/10/wealthdistribution.gif
[21]  http://en.wikipedia.org/wiki/1920s_German_inflation
[22] http://en.wikipedia.org/wiki/Hyperinflation
[23]  http://www.brainyquote.com/quotes/authors/m/malcolm_muggeridge.html[24]  http://www.youtube.com/watch?v=c2vGeaqM33g
[25]  http://en.wikipedia.org/wiki/Paul_Warburg#Legacy
[26]  http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021108/default.htm[27]  http://en.wikipedia.org/wiki/New_Deal
[28]  http://www.time.com/time/covers/0,16641,20081124,00.html
[29]  http://www.usatoday.com/news/washington/2009-01-06-obama-economy_N.htm

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Walter Kirn on The Colbert Report (Canadian Link): http://watch.thecomedynetwork.ca/the-colbert-report/full-episodes/#clip174780

Walter Kirn on The Colbert Report (USA Link):  http://www.colbertnation.com/the-colbert-report-videos/228190/may-19-2009/walter-kirn

Review of:
“Lost in the Meritocracy:  The Undereducation of an Overachiever”
By: Walter Kirn (Doubleday)
Reviewed By: Martin C. Winer
June 28, 2009

When I picked up “Lost in the Meritocracy:  The Undereducation of an Overachiever” by Walter Kirn (Doubleday), I expected a semi-dry expose on the problems facing the American Education system with an emphasis on the Ivy League schools.  The only semi-dry thing in the book was the champagne Kirn poured over two fawning exchange students during a graduation night orgy on his way to Princeton.  Told with prose and wit more common to novels, Kirn details his experiences as he rises out of the rural Minnesota winning one of 20 transfer student spots at Ivy League Princeton.

By Kirn’s account it is a wonder that there is any ivy left due to the propensity of the students to smoke any mildly herbaceous looking thing.

“There is no drug scene like an Ivy League drug scene.  Kids can’t just get high; they have to seek epiphanies.  They have to ground their mischief in manifestos.  The most popular one around … held that drugs, … especially plant based psychedelic drugs helped to break down the rigid inner partitions that restricted one’s full humanity.” (p. 124)

Recreational drug use was pervasive at Princeton as were many other illicit activities, with education taking a back seat.  I was so engaged with the stories that I was half way through when I reexamined the title and asked “what is a meritocracy anyways?”

Meritocracy was introduced as a more equitable replacement for aristocracy. Insofar as education, Harvard’s James Conant championed the cause of educational reform towards meritocracy as a realization of Thomas Jefferson’s dream of a “natural aristocracy among men, founded on virtue and talents.” (Jefferson used the term ‘natural aristocracy’ instead of ‘meritocracy’ because it wasn’t coined a term until the 1958 book “Rise of the Meritocracy” by Michael Young.  Incidentally it was intended pejoratively.) As with many high minded theories, the implementation often renders an imperfect reflection of the ideal.

Conant set the controversial School Aptitude Test (SAT) as gatekeeper for the bastions of higher learning guarding all the rewards of power that lay beyond.  When Walter Kirn took the SAT, he discovered he “had a natural talent for multiple-choice tests [which] landed [him] without the vaguest survival instructions [at Princeton]”. (p. 6)  Throughout the course of the book which details his experiences at Princeton Kirn suggests that his education consisted of learning how to succeed in the education system;  this is a far cry from becoming educated.

The distinction is eloquently revealed when Kirn is asked to discuss the ‘critical assumptions’ he’s made in reading the Norton anthologies;  unfortunately, Kirn had done little reading at all:

“With virtually no stored literary material about which to harbor critical assumptions, I relied on my gift for mimicking authority figures and playing back to them their own ideas as though they were conclusions I’d reached myself. I’d honed these skills on the speech team back in high school, and l didn’t regard them as sins against the [Princeton Student] Honor Code. Indeed, they embodied an honor code: my own “Be honored” it stated. “Or be damned.” To me, imitation and education were different words for the same thing, anyway.  What was learning but a form of borrowing? And what was intelligence but borrowing slyly?” (p.119)

Throughout the course of the book Kirn refers to himself as a fraud – sometimes proudly but more often with remorse.  But is Kirn a fraud or instead a sufferer of “Fraud Syndrome”?  Fraud Syndrome (also Impostor Syndrome) is not an official psychiatric diagnosis, but it is a topic well known and documented by psychiatrists and psychologists.  It is an intellectual condition where the intellect feels disconnected from any accomplishments or abilities.  If the intellect were a tree, then the tree would lack any knowledge of its roots and thus mistakenly think that its ability to grow upright was the result of undeserved serendipity.

Kirn’s notion that he somehow managed to beguile and finesse the system into accepting him to its highest ranks is significantly, and ironically, weakened by the quality of the writing he uses in making said point.  What follows is an example of Kirn’s average writing:

“Certain questions which grown-ups deem unanswerable begin as answers which children find unquestionable.  For example: what is Death?  To me at eight years old, death was the signal for a person’s loved ones to cry and look stricken for a while and then begin dividing up his stuff.” (p. 30)

Witty and clever turns of phrases such as these are found on every other page.  While this made for a delightful read, it served to undermine one of his main tenets.  It seems far more likely that Kirn didn’t finesse the system, but that the system managed recognized his talent despite his own inability to do so – marshalling him exactly where he ought to be: in the commensurate Princeton English Program.

If Fraud Syndrome ever does make it one day to be an official diagnosis, then Kirn should appear on the Public Service Announcement poster.  The text is rife with examples of Kirn’s detachment from his talent and feelings of being a fraud:

“My genuine tears [over the news of John Lennon’s death] flowed along with my false tears, as they did the distinction between them blurred.  I wasn’t ashamed of this.  My fraudulence, I was coming to understand, was in a way the truest thing about me.” (p. 77)

“The need to finesse my ignorance through such trickery [(using catchphrases)] — honorable trickery to my mind, but not to other minds, perhaps — left me feeling hollow and vaguely haunted.  Seeking security in numbers, I sought out the company of other frauds.” (p. 121)

“I grew to suspect that certain professors were on to us, and I wondered if they too, were fakes.” (p. 122)

“[My poems] were concerned with grander matters such as the creeping loss of “personhood” in an era of technological change. How I’d hit on this theme I wasn’t sure, but the more time I spent on it the more convinced l grew that I’d borrowed it.” (p.140)

“I confessed that my poems were all a sham and that [my] Bittman [character] was a hybrid version of Eliot’s Prufrock and Berryman’s Henry two famously beleaguered characters from the North anthologies.” (p.144)

“I felt in [my friend’s] company, as in no one else’s, that my bullshitting was a defensible activity, a circular approach to enlightenment.” (p. 168)

One of Kirn’s Princeton encounters offers a possible cause for Fraud Syndrome.  Kirn has a conversation with Julian — undoubtedly Dr. Julian Jaynes best known for his book “The Origin of Consciousness in the Breakdown of the Bicameral Mind” – in a bar following the production of one of Kirn’s plays.  Julian explained that the human mind was actually two distinct entities, that in ancient times were:

“… virtual strangers to each other.  When a thought arose in one of them, the other one, acting as a receiver, processed the thought as a voice, an actual voice.  …  But who was this being?  …  Man had answered these questions in many ways.  He’d conceived of gods and spirits, angels and demons, trolls and fairies.  Muses.” (pps. 93-94)

When Julian asked Kirn: “did you ever feel, during the composition of your script, that someone else, not you, was in control?” Kirn replied: “Honestly, I feel that way a lot.  Down deep, in a quiet way, I feel it constantly.  And sometimes it shakes me up a little.” (p. 94)  Perhaps this is why Kirn was unable to identify with his obvious talent; it felt external to him.  While Kirn makes this point incidentally in his book, it is nonetheless a very important one.  While Kirn fails to connect with his talent due to this separation of the mind, many more do something far worse:  Many fail to express their talents at all – failing to listen to that other ‘voice’.

While Kirn fails to impress upon me that his placement at Princeton was either coincidental or accidental, he does make some well taken points about the education he received once there.  It seems that when reading in the English program, pretension superseded comprehension.

“We … concluded, before we’d read even a hundredth of it, that Western canon was “illegitimate,” a veiled expression of powerful group interests that it was our duty to subvert.  In our rush to adopt the latest attitudes and please the younger and hipper of our instructors, … we skipped straight from ignorance to revisionism, deconstructing a body of literary knowledge that we’d never constructed in the first place.” (p.121)

“To thinkers of this school, great literature was an incoherent con, and I — a born con man who knew little about great literature had every reason to agree with them. In the land of nonreadability the nonreader was king it seemed.   Long live the king.”  (p.122)

Kirn found that many of the supposed ‘greats’ they were asked to read were completely incomprehensible by students and professors alike:

“Here is a sentence (or what I took to be one because it ended with a period) from the contribution by the Frenchman Jacques Derrida, the volume’s most prestigious name. “He speaks his mother tongue as the language of the other and deprives himself of all reappropriation, all specularization in it.” On the same page I encountered windpipe-blocking “heteronomous’ and “invagination.” When I turned the page I came across – tucked in a footnote –“unreadability.”

That word I understood of course.” (p.120)

For Kirn, university was a process in learning to jockey jargon words and phrases effectively.  Phrases like ‘semiotically unstable’ (referring to T.S. Eliot’s “The Waste Land”) and words such as ‘hermeneutical’, ‘gestural’, ‘recursive’, ‘incommensurable’ were all synonyms for ‘hard’.  Kirn was extremely confused by the works he read but he realized that confusion was not something to be escaped by understanding, but instead something which could be exploited by mirroring it back at its source.

“I was a confused young opportunist trying to turn his confusion to his advantage by sucking up to scholars of confusion.  The literary works they prized — the ones best suited to their project of refining and hallowing confusion — were, quite naturally, knotty and oblique.  The poems of Wallace Stevens, for example.  My classmates and I found them maddeningly elusive, like collections of backward answers to hidden riddles, but luckily we could say “recursive” by then.  We could say “incommensurable”.”  (p.122)

Kirn was adrift in a sea of confusion but it seemed that he was managing to navigate it by drinking the sea water and rolling with the currents.  It wasn’t long before Kirn’s thirst for meaning caught up with him, just as he had become completely intellectually dehydrated, basking in the scorching sun of the top percentile.  Kirn suffered a collapse, unable to continue the charade:

“For a few weeks I was still able to write, but it was a punishing, grind, self-conscious labor. I began most of my sentences with “the.”  Then I went looking for a noun. “The book” was often the result. Next, I seemed to remember, should come a verb. “Is” is a verb. It because my favorite verb. I liked it for its open-endedness — the way it allowed for a wide range of next moves. “The book is always . . .”  “The book is thought to . . .”  “The book is green and . . .” Impermissible. Yes, a book might be a certain color, but starting an essay with the fact wasn’t what college was all about. What was it all about? It was about making statements that weren’t obvious for people who made such statements professionally. “The book is a gestural construct possessed of telos.”

There I could rest.  I’d done it.  An hour’s work.” (p.178)

Eventually Kirn recovered after undertaking a course of self guided education which he found more fulfilling.  He continued his academic career at Oxford as a recipient of the “Keasbey Prize”.  Kirn draws two broader conclusions from his experience.

The first is a ‘roll with the punches and everything will turn out alright’ sort of message.  “… I discovered the truth — if words like “truth” mean anything.  And even if they don’t perhaps.  Pause in your knowing to be known.  Quit pushing — let yourself be pulled.  Stop searching, frantic child, and be found.”  (p. 205)  This advice may bear meaning for someone like Kirn with an innate and wonderful talent.  Its relevance to the rest of us who must work at it is somewhat questionable.

The second conclusion comes out more strongly in the interviews surrounding the book, but it is mentioned briefly.    In an interview (The Colbert Report: May 19, 2009.) Kirn claims that the current meritocracy does not reward depth, but instead rewards the “ability to define ‘incipient’. “Basically people who are very good at cross word puzzles end up running the country.”  “They are able to shine in every cocktail party they attend, but when it comes to running the economy, fighting the war on terror, … not very good.”  Kirn is referring to Donald Rumsfeld and to certain Lehman Brothers board members, who are Princeton Alumni.  Given Kirn’s experiences, it is easy to imagine jargon slinging economists brandishing terms like “Collaterized Debt Obligations” and “Credit Default Swaps” using them as talking points, rather than understanding their deeper implications.  Terms like these undoubtedly are mentioned in numerous A+ Ivy League Economics theses, confounding both the authors and the readers while leading to economic ruin.

This second summation is made in the book when Kirn discusses a run in, after graduating Princeton yet before going to Oxford, with an old friend who was self taught and well read.

“We had a great deal in common, Karl said.

But we didn’t, in fact, or much less than he assumed, and I didn’t know how to tell him this. To begin with, I couldn’t quote the transcendentalists as accurately and effortlessly as he could. I couldn’t quote anyone, reliably. I’d honed other skills: for flattering those in power without appearing to, for rating artistic reputations according to academic fashions, for matching my intonations and vocabulary to the backgrounds of my listeners, for placing certain words in smirking quotation marks and rolling my eyes when someone spoke too earnestly about some “classic” or masterpiece,”       for veering left when the conventional wisdom went right and then doubling back if it looked like it was changing.

Flexibility, irony, self-consciousness, contrarianism. They’d gotten me through Princeton, they hadn’t quite kept me out of Oxford, and these, I was about to tell my friend, were the ways to get ahead now–not by memorizing old Ralph Waldo. I’d found out a lot since I’d aced the SATs, about the system, about myself and about the new class that the system had created, which I was now part of, for better or for worse. The class that runs things.” (p. 210)

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Canadian Bill C51 purportedly proposes sweeping changes to the herbal supplement and naturopathic/homeopathic remedies market.  The following excerpted from an anti Bill C51 website, although not independently confirmed, suggests that the bill would (amongst other things):

1) Fasttrack pharmaceutical drug approval and
2) Make over 70% percent of current herbal drugs illegal.

Now, this was taken from an opposing website so all claims must then be taken with a grain of all natural sea salt.  The Government claims that your access to Vitamin C and Echinacea is safe. 

“Under Bill C-51, Canadians will continue to have access to natural health products that are safe, effective and of high quality. The Bill will not limit access to natural health products nor does it call for a change in their regulatory status (from over-the-counter to prescription)” says Health Canada spokesperson Paul Duchesne.

Source :: http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20080509/C51_protests_080509/20080510?hub=TopStories

From that simple quote we are forced to ask the question, who and how will products be determined to be ’safe, effective and of high quality’?  The contention seems to be over semantics and the definition of exactly which products will and will not be regulated.  Putting semantic issues aside, it looks as though the combatants are missing the more global issue and that is in addressing the manner in which the allopathic (mainstream) and alternative medicine operate.  The issue is probably more complex than first fathomed.  Both paradigms operate under different modi operandorum. 

Big pharma operates under the model of providing drugs and therapies with validated claims.  The drug’s claims and safety are established by clinical drug trials.  The benefits here should be obvious but the weaknesses of this system may not be.  The first failure of the big pharma model is that drug trials can be flawed either intentionally or just by simple lack of scope or experimental design.  Take for example the drug VIOXX which did pass clinical trials and FDA approval which was later associated with heart disease and voluntarily withdrawn by its manufacturer Merck. http://en.wikipedia.org/wiki/Rofecoxib#Withdrawal  The second failing of the big pharma model is even more subtle in that  only patentable therapies need apply.  Take for example the research Dr. Evangelos Michelak out of the university of Alberta who has come up with a cancer treatment using the chemical DCA. http://www.depmed.ualberta.ca/dca/  This treatment has been conclusively shown to remove or eradicate all manner of cancers in test animals.  It is a hugely promising therapy with suprisingly few side effects.  One would expect this drug to be in human trial by now.  However, since DCA is not patentable, (almost as common as table salt) the drug companies have no interest.  DCA will go to human trial nonetheless, but only after Dr. Evangelos Michelak is able to scrape together enough money from other philanthropic investors.

Now let’s examine the world of home or natural remedies.  You can pick up a bottle of an herbal remedy which can make all manner of claims.  These claims need not be validated and, indeed, the only validation you’ll receive is either from the smiling face of the salesperson at your natural foods store or the recommendation of a friend or naturopatic practitioner.  However, you probably won’t be able to rely on any study and you’ll have to adopt a ‘take it and try it’ approach.  The failings of this system are two fold.  First, hearkening back to the days of the snake oil salesmen, there is the potential for you to waste your time and money on ineffective remedies.  Second, in wasting your time on these remedies, you may delay seeking appropriate medical treatment for a potentially serious condition.  The first failure – the lack of study based findings — is compelling.  The natural health product industry needs to provide better support for their claims and adhere to some standard as for quality of composition. The second failure is not as compelling as people typically resort to natural health products only after the failure or reticence of allopathic medicine.

Looking at both paradigms, there is a measure which could marry their strengths and divorce ourselves of their weaknesses.  The summary of bill C51 reads as follows:

This enactment amends the Food and Drugs Act to modernize the regulatory system for foods and therapeutic products, to strengthen the oversight of the benefits and risks of therapeutic products throughout their life cycle, to support effective compliance and enforcement actions and to enable a greater transparency and openness of the regulatory system.

Source :: http://www2.parl.gc.ca/HousePublications/Publication.aspx?DocId=3398126&File=19

If this is indeed the goal of the Federal Government, then wouldn’t their time and efforts be better spent in implementing a system of subsidized and facilitated human trials?  A subsidized and facilitated human trials system would raise the bar for natural health food products to better support their claims.  Since the studies would be subsidized and facilitated we wouldn’t deny ourselves access to any reasonable therapy but as consumers, claims of product effectiveness and quality of composition could be properly backed by more than a friendly smile.  All therapies, herbal and pharmaceutical would be subject to the same level of testing.  This testing would be reasonably affordable for any given company.  This would satisfy the allopathic community’s demands for rigorous proof and testing while at the same time allow the allopathic community to consider previously unprofitable yet promising treatments such as DCA.

There is a petition circulating to stop bill C51.  http://www.thepetitionsite.com/1/StopC51  I would be willing to sign it if it could be proved it would make 70% of current natural health care products illegal.  Would I sign a petition to have the Federal Government fund and facilitate human trials of all health care products?  In a heartbeat.

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Robert S. McNamara witnessed and participated in the most defining moments in American History:  WWII, The Cuban Missile Crisis and Vietnam.  In 2003″The Fog of War”, a documentary based on his memoirs was released.  The documentary is stunning in its honesty.  For his candor and his service, Robert S. McNamara will be sorely missed in a time short of leaders of valor.

Here is the documentary:

[googlevideo=http://video.google.ca/videoplay?docid=-8653788864462752804]

More info: http://www.wcbs880.com/Robert-S–McNamara-Dies/4743000

America · Castro · Cuban Missile Crisis · Fog of War · Google · http · Kennedy · McNamara · Robert S. McNamara · video · Vietnam · WWII

Being foreclosed on?  No worries if you follow the example of Jerome Daly, a lawyer and political activist of sorts, who successfully had his mortgage declared null and void. 

In order for a mortgage agreement to be legal, the bank must put up legal ‘consideration’.  That’s a fancy lawyer word for ‘money’ or some such other tangible asset.  The Federal Reserve System creates money for lending as bookkeeping entries and as such, the bank fails to provide any real consideration in the contract.  As a result, the whole thing is null and void and you can’t be foreclosed upon. 

Don’t believe me?  Read it for yourself here:

http://www.lawlibrary.state.mn.us/CreditRiver/1968-12-09judgmentanddecree.pdf

This decision has never been overturned and Daly was able to keep his house.

bank · fed · federal reserve · Federal Reserve System · http · ILS · Jerome Daly · lawyer · lawyer and political activist · legal consideration · mortgage · Mortgage Crisis · pdf · Red · Rome · the fed · US Federal Reserve

I’ve been watching with horror as the US economy is reduced to socialism.  Few are asking how much this will cost.  Those who do ask are getting nonsense answers like 25 billion dollars.  The Savings and Loan crisis of the 90’s took 250 billion dollars to bail out.  This current crisis dwarfs that crisis by orders of magnitudes.  So let’s cut through the bull and look at some math.

The Government is now on the hook for 5 trillion dollars in loans.  The only way they can lose money is if people default on those loans AND the value of the underlying asset (the home) has depreciated since the time the loan was issued.

So let’s say that 3% of people default on their loans.  The government is now on the hook for 150 billion dollars.  The government will now try to sell those foreclosed houses at market value.  Suppose those houses were inflated by a factor of 2 (that is they’ve now lost 1/2 their value).  Now the government sells the foreclosed houses at half the price and they’re on the hook for the left over half.  Thus the cost to the government would be 75 billion dollars.  The formula is thus:

bailoutCost = totalValueMortgages * defaultRate * (1 – (1/inflationFactor))

Now the question is where do we come up with values for things like the defaultRate and inflationFactor? (The totalValueMortgages is given as 5 trillion dollars by the government.)

Google mortgage deliquency rates or mortgage default rates and you’ll find numbers ranging from 2-5,  (I took 3 as an average).  Next to figure out the inflation factor, look at this chart:
http://www.nytimes.com/imagepages/2005/08/21/business/21real.graphic.html
and you’ll see that homes are around 2X inflated in value. 

So given these current numbers, the best case cost would be 75 billion dollars.  If the default rate increases or housing devalues beyond 2X the numbers could of course be much higher.  I welcome any polite criticism and/or suggestions for alterations.

bailout · Case · cialis · Economy · fannie · Fannie Cost · freddie · Google · html · http · inflation · king · mortgage · Red · savings and loan · United States · USD

There has been a lot of controversy regarding the proposed integration of ‘Intelligent Design’ into current biology curriculum. Intelligent Design is the hypothesis that all life on Earth was created and designed by an intelligent designer. Subsumed by this hypothesis, although not clearly stated, is that most proponents of Intelligent Design believe the intelligent designer to be the most intelligent designer, namely God. It is proposed that in the name of impartiality, Intelligent Design be taught along side Darwinian Evolution in biology classes.

We have two choices in trying to argue against this hypothesis. First we can show that the hypothesis is false by counter claims of design flaws. Next we can show that the hypothesis is an inherently un-testable hypothesis which thus belongs in the realms of philosophy or theology, but not in science. I will argue that while the first approach of finding design flaws is enlightening, it misses the issue. The issue is that for something to be taught in a science classroom it must somehow relate to a testable hypothesis: testable by experiment.

The temptation for someone who is versed in biology when approached with Intelligent Design is to quickly point out all of the design flaws that they know of. There are many examples to pick from but the most commonly offered are design flaws in (human) joints, most notably the elbow and the knee. One of my personal favourites is the prevalence of people with eye glasses which suggests there is a possible design flaw in the maintenance of a spherical shape of the eye. Biologists quickly offer up their favourite design flaw hoping to see a recantation of Intelligent Design. To their dismay, they get answers like: “We do not know the design of the intelligent designer. Perhaps non-spherical eyes are beneficial in some other unknown way, or the knee was some sort of design trade off against some other more beneficial feature. However, the sum of all the trade offs is the ultimate perfect design, designed by the most intelligent designer, God.” The frustrated scientist then returns to his beaker and the Intelligent Design guru returns to his pulpit or to the White House which are increasingly indistinguishable.

The reason that the hypothetical scientist and the theologian talk at cross purposes is that they both have failed to realize the bar of entry to science: a testable hypothesis. In life there are testable hypotheses and un-testable hypotheses. Some un-testable hypotheses are:
1) In absence of an observer, human or otherwise (i.e. a tape recorder): If a tree falls in a forest, does it make a noise? Yes or no?
2) Suppose all of history started 5 minutes ago with all of our collective memories implanted at that moment.
3) All good in the world is a work of a benevolent God, and all problems people experience are the result of God working in mysterious (good) ways.
More topically:
4) The wonder and beauty of the living world is the result of an intelligent design and all counter examples such as fossils, design flaws, evolutionary proofs, are just the result of our inability to grasp the grand design.

The common thread that runs across all four statements is the fallacy of an unprovable statement. It is this same thread that many stitch together to form a rip stop nylon fabric of belief. Statements 1 through 3 would likely be widely accepted as topics for a class on philosophy or theology. Statement 4 is no different. It is an inherently unprovable statement which has no place in science.

Many have said that science is a religion unto itself. I have often said that the only reason our language has two words for science and religion is that we sorely misunderstand both. They are both searches for the truth. Science is an ideology based on the Scientific Method and the instrument of that method is the experiment. Science allows for discussions of all things provable, even if they are not yet proved. Take for example the Superstring revolution in physics. It is currently unproven; however, scientists are building the Large Hadron Collider (LHC) in Switzerland which should have sufficient power to create ’supersymmetric’ particles which would confirm the theory. What experiment does Intelligent Design proposes to validate its hypothesis? How does one experimentally prove something was designed? Even if such an experiment could be constructed, how then does that disprove that the designed item was not self designed and thus (perhaps), not intelligently designed?

Confused? The notion of a self designing design is especially hard to understand on a planet where we (most) see a clear distinction between human made and natural objects. [However, it is a distinction I do not see because humans as part of nature.] Just the same, the notion of a self designing design is crucial to evolution, and while complex, its power is compelling. If you are confused and interested pick up a good book on the subject or take a course. However, if you are presented with Intelligent Design, ask for a proposed or executed experiment published in a reputable scientific journal. Darwin had to go through the same efforts of the before his works were accepted. There is an established process in place and it has been put in place by an intelligent design (irony intended). The designer is certainly not God and its intelligence is often arguable, just the same it has served us well so far.

In summation, scientists are, by definition, very inquisitive people who would love to have conversations about many different theories and possibilities. The price of admission to such a conversation is to bring with an experimentally testable hypothesis. All other discussions belong in a different classroom.

AID · ale · creationism · darwin · darwinism · designer · evolution · frustrated scientist · God · http · hypothetical scientist · ILS · intelligent design · intelligent designer · king · life · namely God · nature · observer · philosophy · Red · Religion · Switzerland · White House

Ahmadinejad wearing his trademark white jacket and pointing to the Farsi phrase Ma Mitavanim (We Can) on a blackboard.

Canadian Link:  http://watch.thecomedynetwork.ca/the-daily-show-with-jon-stewart/full-episodes/#clip185688

US Link: http://www.thedailyshow.com/video/index.jhtml?videoId=231561&title=reza-aslan

Reza Aslan was interviewed on the Daily Show on June 24, 2009 lauding the response of Barack Obama during the recent and ongoing revolution in Iran.  Aslan notes strong parallels to ‘79 noting that this revolution is likewise a battle for the future of Iran.  Starting at time index 4:48, Aslan applauds Obama’s response:  “Thank you God for President Barack Obama” says Aslan.

“Obama played this perfectly.  During his campaign Iran never left his mouth.  This worked to the disadvantage of Ahmadinejad’s because he couldn’t use his ‘America is going to attack any minute now’ rhetoric.”

Aslan notes that Ahmadinejad’s campaign slogan was “Ma Mitavanim” which is Persian for “Yes we can”.

Responding to opposition calls to make stronger statements or take stronger actions in regards to Iran Aslan warns:

“The US has a long sordid history of meddling in Iranian affairs. … If you want to pu and end to this movement, this revolution tomorrow, let’s listen to Bill Bennett, let’s listen to John McCain.”

Aslan recommends that the US continue its current approach.  “The best thing that we can do is shut up.”  He goes on to say that “Obama has changed the equation in that region.  He is taking the long view on issues, looking ahead 10 years from now.”

Aslan is certain that Iran will emerge a different country from what it is now, but he is concerned as to what form of change will come.  “Iran is on a precipice between North Korea and China; with isolation and militarization on one hand and a preservation of the oligarchies while opening to commerce and contact on the other.”

When asked what US citizens can do to help the revolution, he suggests encouraging and pressuring the EU and UN to act who do have influence in the region.  As for the US, he contends “you have to have a relationship with someone in order to punish them more.  … We have no influence there.  … We can’t punish them any more.  What are we going to do sanction them more?”

—

Reza Aslan’s most recent book is “How to Win a Cosmic War”:
http://www.rezaaslan.com/cosmicwar.html

Ahmadinejad · aig · America · Barack Obama · Bill Bennett · blog · cent · China · Commission of European Communities · equation · European Union · evolution · flu · God · head · html · http · Iran · Iranian Revolution · Islamic Republic of Iran · John McCain · king · MIT · North Korea · obama · President · Reza Aslan · The Daily Show · United Nations · United States · video

I’ve long held a theory about homosexuality that a recent article lends credence to. I’ve examined homosexuality through a political-societal lens in this posting:

http://mwiner.wordpress.com/2008/01/22/the-war-of-the-words-are-heterosexual-monogamists-the-patent-holders-on-marriage/

In this posting, I’d like to examine homosexuality through the lens of evolutionary biology. You see, those who condemn homosexuality do so by thumping on two texts, the bible and National Geographic. Bible thumpers thump and then leaf to Leviticus 18:22 which reads: “Thou shalt not lie with mankind, as with womankind; it is abomination.” I invite such individuals to glance at Numbers 15:32-36 which states that those who profane the sabbath ought to be publicly stoned. However, at least in the case of bible thumpers I can concede that the text does condemn homosexuality.

In the case of those who open up their National Geographic and point to pictures of rutting and mating animals and say, “it’s not nature’s way”, they’ve just got it wrong. It is Nature’s way; they just lack an understanding of nature and specifically evolution. Homosexuality has existed in nature for eons, but the question, from an evolutionary standpoint is: “How?” Standard evolution deals with selective pressures which make certain individuals more successful than others in reproduction. As a result the genes that contributed to this success are passed on preferentially over less ‘fit’ genes.

Homosexuality poses a conundrum then to anyone who lacks another piece in the evolution puzzle: Kin Selection. It is possible to pass your genes on to the next generation without directly reproducing. You can accomplish this by helping your kin as much as possible. By helping your kin, who carry part of your genetic code, you can preferentially increase the survivability and reproductive success of your kin. This mechanism was proposed by W. D. Hamilton in the 1960’s when explaining the evolution of altruism.

http://en.wikipedia.org/wiki/W._D._Hamilton
http://en.wikipedia.org/wiki/W._D._Hamilton#Hamilton.27s_rule

Since I am Canadian, I learned about the evolution of altruism using the example of our good old Canadian Beaver. When a beaver detects danger, such as a wolf, it slaps its tail loudly against the water to warn its peers of the impending danger. This behaviour attracts attention to itself, making it a target for predation. Thus, how did this behaviour evolve, considering that it lowers the reproductive success of the warning beaver? The answer is that the beaver’s peers are relatives. Thus even if the beaver becomes the wolf’s lunch, the beaver’s genes can live on via the reproductive success of its relatives.

Arriving back at our original topic of consideration, how then can homosexuality have been allowed to survive the process of natural selection? I’ve long suspected that the notion of kin selection might be at work here too. I’ve long thought that if perhaps homosexual individuals helped in child rearing and caring, then their genes may have been passed indirectly through the offspring of the kin they assisted. Recently I chanced upon a study which proposes exactly this explanation:

http://www.world-science.net/exclusives/080208_gaygene

This study of a Samoan homosexuals suggests that homosexuals do indeed assist in child rearing. It’s important to note that similar studies have been conducted in the West but have failed to find such a correlation. It is proposed that the Samoan culture more closely replicates our ancient lifestyle and that the modern (western) biases and condemnation of homosexuality may be to blame for the failures of the western studies.

In conclusion, what is most striking, yet perhaps not blaringly obvious from this study is that opposition to homosexuality comes from those appealing to old sources such as the bible or appeals to nature’s longstanding order. However, this study shows that, at least in evolutionary time scales, the bias against homosexuality is a modern invention.

ale · bible · Case · cent · evolution · genetic code · Hamilton · homosexuality · http · kin selection · king · life · marriage · National Geographic · natural selection · nature · Red · Samoa · sex

The media coverage of the AIG crisis is completely off the mark.  The Fed DID NOT bail out AIG.  It did something better and worse.  The fed had two choices, 1) bail out AIG or 2) let it go bankrupt.  The Fed made both choices.  It bailed them out per se with an $85 billion dollar loan, taking 80% of the company in the process.  However, the loan came with an 11% interest rate.  This effectively prevents AIG from ever getting back on its feet.  Instead the company has been given time to arrange for the orderly sale of its assets to repay the loan, but AIG will not survive the process.    So the correct coverage of this story would  be to say that AIG has gone bankrupt and the Fed has stepped in to allow for a slow controlled sale of its assets.

aig · ale · bailout · bank · blog · fed · Federal Reserve System · http · interest rate · king · media coverage · the fed · US Federal Reserve · USD

http://www.nytimes.com/imagepages/2005/08/21/business/21real.graphic.html

This is a graph of historical housing prices relative to inflation since 1890.  The graph is indexed to inflation so you are seeing the bubble in house prices above and beyond inflation. 

The take home message to this graph is the following.  Take a look at the average home value over the past 100 odd years.  It seems to average somewhere around $112,000.  Now look at the peak which is somewhere around $180,000.  Dividing through we get a ‘bubble-factor’ = 180/112 = 1.6 .  What that means to you is that if you own a house currently valued at $500,000, if the bubble corrects you’ll actually own a $312,500 house (500/1.6 = 312.5).

Will the bubble correct?  Historically bubbles do one of two things:  1) they correct or 2) they flatten and wait for inflation to catch up with them.  What will this bubble do?  I can’t tell you and neither can any of the supposed experts. 

What caused this bubble?  The Federal Reserve lowered interest rates to as low as 1%.  This flooded the market with money which people invested in housing, since the internet bubble had burst. 

Who benefits from this bubble?  This bubble benefits 3 groups of people, bankers, the recently dead, and people with in laws.  Bankers make huge profits on the the inflated mortgages people must now take out to put a roof over their head.  Those who have recently died (since we’re at the peak of the bubble) benefit as their estate sells their property at the inflated price with record profit.  Hopefully they have children to benefit from the heavily taxed inheritance.  Regrettably, if they don’t have children to pass the benefit on to, then it’ll be hard to enjoy their windfall, being dead and all. 

If you’re alive you never benefit from this type of bubble.  People typically want to move up, that is move to a better home.  Thus you have to sell your current home and move to a better home.  Thus, you make a profit on the sale, but take a hit on the inflated purchase.  Basically it’s like borrowing from Peter to pay Paul, and it all ends up even in the wash. 

If you have in laws and can sell at the inflated price and move in with your in laws (avoiding having to buy an inflated property) you may benefit from the bubble by waiting for it to bottom out, if indeed it does.  Living with your in laws may allow you to sell high and buy low, but that assumes the bubble corrects and moreover, living with your parents you may wish you were recently dead.

Who suffers from this bubble?  The most notable group of people to suffer are the first time home buyers.  Entering the market at the peak you’ll be paying 1.6 times what you should hadn’t the bubble occured.  Ultimately all property owners suffer because the bubble leads them to think that they have more money than they actually do.

ale · bank · banker · bubble · cent · fed · federal reserve · Federal Reserve System · head · html · http · inflation · interest rate · Internet · internet bubble · mortgage · real estate · Red · Robert J Shiller · the fed · US Federal Reserve · USD

Growing up I often heard people remark that the “poor get poorer as the rich get richer.”  I was led to believe that this was an unfortunate side effect of a free market economy.  This flaw aside, the free market economy was said to be a much better approach than anything else that had come along.  I spent my time focused on ways of making laissez faire capitalism more compassionate.  We exist in a welfare state and I, living in Canada, live in a society which offers socialized medicine.  Both of these measures are great first steps in assuring the compassion of capitalism however, I was always frustrated knowing that the only true compassion of capitalism would come in allowing everyone to earn wealth.

As I continued to study the problem, imagine my shock and dismay when I learned that we do not live in a free market system.  We live in a central bank monetary system (ie, the Federal Reserve) which has an invisible, moreover, malevolent hand in conducting the nation’s monetary policy.  This may sound like a conspiracy theory however if it was, it’s an awfully dull one given that the chairman of the Federal Reserve openly admits this.

http://www.youtube.com/watch?v=x56MpWZh88s
http://broadband.thecomedynetwork.ca/comedy/?vid=19058

Through the Federal Reserve’s mucking with the money supply and the resulting inflation, those with savings saw their savings erode silently falling into the hands of the nations richest few.  In order to escape inflation, you must own debt free assets which index to inflation.  Only the richest few of us can accomplish this and thus evade the silent erosion of our savings into the hands of bankers and the financial elite.  Here are a few graphs showing the effects:

source : http://lanekenworthy.net/2008/03/09/the-best-inequality-graph/

source : http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

Central banking (The Fed) is an age old scheme of mob rule over the money supply. 

“Give me control of a nation’s money and I care not who makes the laws.”
– Mayer Amschel Rothschild

It has origins dating back to the temple days when Jesus drove out the money changers.  (The word ‘bank’ comes from the Latin ‘bench’ from which the temple money changers made their predatory exchanges.)  The only way to restore justice and equity is to restore the issuing power over money back to the people.  For more info, please see:

http://inflationtax.blogspot.com/

AID · alan greenspan · ale · America · bank · bank monetary system · banker · banking · blog · Canada · capitalism · cent · central bank · central banking · chair · chairman · Economy · fed · federal reserve · Federal Reserve System · free market · html · http · income disparity · inflation · king · MIT · monetary policy · money changers · piracy · quote · Red · socialized medicine · the fed · US Federal Reserve · wealth · welfare state

In honour of Ben Stein’s Canadian release of “Expelled – No Intelligence Allowed”

http://www.expelledthemovie.com/playground.php

I have produced a nice javascript demo of one of the basic concepts of evolution: natural (cumulative) selection. 

Don’t get me wrong, I think Ben Stein is a very intelligent person.  Having said that I think when it came to taking attendance in biology class his teacher was saying: “Stein? Stein? Stein?”.  Natural selection is simple concept but is easy to confuse.  Does anyone know what natural selection is “anyone? anyone?”

(If you don’t catch my allusion, please watch : http://www.youtube.com/watch?v=nbqDGQvobVA)

I got so annoyed with the repeated claim that evolution is a random process that I developed a javascript demonstration to show how evolution actually worked.  I’ll say it one more time for all those who aren’t quite sure:  “EVOLUTION IS NOT A RANDOM PROCESS.”  The only thing ‘random’ (even chaotic will suffice) in the process is the generation of variability (diversity).  Natural selection is the exact opposite of random. It is a deliberate selection of traits which confer a higher fitness of individuals within a population.

So without further ado, here is the javascript demonstration of evolution in action:
http://www.rankyouragent.com/evolution/weasel.htm

AID · ben stein · creationism · darwin · evolution · expelled · http · king · natural selection · php · random · teacher

In 2001 Alan Greenspan at the Fed (Federal Reserve) lowered the interest rate to try to rejuvenate the economy after the fallout of the .com bubble burst. History will record that Greenspan went from the sublime to the ridiculous when he cut the interest rate to 1%. This set off a spate of irresponsible borrowing and lending the effects of which are still being dealt with today.The banks took advantage of this by starting to offer mortgages to subprime borrowers. Subprime borrowers are borrowers with a poor credit rating (specifically a FICO (credit) score of < 620). Typically these are individuals who habitually are unable to make credit card payments, or those who have suffered a foreclosure or bankruptcy. In the past they wouldn’t be able to get a loan, but thanks to the low interest rate, some could now afford the payments. With great fanfare out went the ads: “Send us your poor, your homeless, your great creditless masses!” Lured by the prospect of home ownership and lulled by the chimera of ‘buy now, pay later’, loans were issued as fast as the printers could print them.

Banks noticed that the default rates were lower than they expected. This led them to think that there was an untapped market in subprime lending. They developed many products, of which 3 were common 1) Variable rate mortgage with a higher rate due to the risk, 2) An interest only loan where they would start paying off the capital after an initial period and 3) low fixed rate initially, resetting to market rate after a few years.

The people who took these loans did so for two principal reasons 1) they hoped their income/credit would improve during the initial period of the loans and 2) the housing market was so hot, they hoped to use the newly gained equity in their homes to refinance the loans with more agreeable terms. Regrettably, Alan Greenspan, noting the now uncontrolled inflation, agressively started to increase the interest rates in 2004 right back up to around 5% and beyond.

For people with loans of type 1) and 3) above, the loans were typically huge so these interest rate increases made the payments impossible to cover, leading to defaulting. Those with loans of type 2) were pushed over the edge when the capital component of their loan kicked in.

Now, were it not for the avarice of the bankers, this crisis would have ended there; that is, a large number of repossessions but no further economic upheavel. However, bankers are weasels and behind the scenes they were pulling more ridiculous stunts.

Behind the scenes, bankers were looking to mitigate the risk of this subprime debt and also to make more profit on profit by creating and selling subprime mortgage bonds. To accomplish this they pooled together all subprime debt. Next they broke the subprime debt into levels. Suppose there were 3 banks involved in a given mortgage. The banks that would get hit by a default first were put into the lower levels and the banks that would be hit last were put into higher levels. By doing so, each level bore a reduced amount of the total risk. Now, many financial institutions that cannot purchase subprime debt were able to get around this limitation by purchasing bonds in the higher levels (less risk) of these mortgage bonds. Now, subprime debt was distributed all around the world to various institutions in this masked mortgage debt trading instrument.

So when the debt hit the fan, the big institutions which normally make loans to one another on a regular basis to keep the economy rolling, suddenly mistrusted one another. No one knew who held what amount of subprime debt. As a result the overnight lending rate went sky high and the Fed had to step in to push cash into the economy to help stave off a liquidity crisis — a crisis where cash flow starts to freeze.

At the time of this writing (Dec 2007) we are beginning to see the end result of this crisis. The large financial houses are beginning to crumble under the weight of their own stupidity. Just yesterday financial giant Morgan Stanley reported its first quarter loss in its 73 year history. Even more alarming, in seeking to assuage their woes, not only are they turning to the US government for help, but have successfully enlisted the help of the Chinese Government.

What may not be obvious, but should have the reader seeing red is that as the result of the irresponsibility of US financial institutions, we’re witnessing a wide scale buy out of US assets and institutions. What’s more, who speaks for the countless duped masses who have lost homes, equity and security as the result of this mass irresponsibility? There can be only a partial answer in paraphrasing Herbert Hoover who said: “Older men declare war. But it is the youth that must fight and die.” In this situation it is the financiers who tinker with the economy. But it is the working class that must work and suffer.

AID · alan greenspan · ale · bank · banker · bankruptcy · bubble · Chinese Government · Economy · fed · federal reserve · Federal Reserve System · finance · financial giant · Herbert Hoover · http · inflation · interest rate · king · liquidity crisis · MIT · Morgan Stanley · mortgage · prime · Red · subprime · subprime mortgage finance recession economy · the fed · United States · US Federal Reserve · US government · writing

In 1979 Jimmy Carter delivered a televised speech bemoaning the increasing US dependence on foreign oil.  In it he outlines his Energy Policy for the coming decades.

“[Foreign Oil is] a cause of the increased inflation and unemployment that we now face. This intolerable dependence on foreign oil threatens our economic independence and the very security of our nation. The energy crisis is real. It is worldwide. It is a clear and present danger to our nation.”

– Jimmy Carter  (http://www.pbs.org/wgbh/amex/carter/filmmore/ps_crisis.html)

Today the US relies on 60% foreign oil (http://www.fueleconomy.gov/FEG/oildep.shtml) in strong defiance of president Carter’s prescient warning.

As far as the US dependence on foreign oil, nothing has changed since the Carter’s clarion call aside from the problem getting far worse.  However, president Carter didn’t live in a world threatened by Global Warming (at least it wasn’t commonly known).   President Carter also didn’t live in a world with two superpopulations, India and China weighing in at a billion people each who are poised to ramp up their consumption.

Clearly oil will no longer do as a source of energy.  Luckily science has provided an alternative: The Hydrogen – Aluminum Cycle.  To be clear, I’m not speaking of hydrogen power alone.  Hydrogen power alone is a red herring of alternative energies.  The catch is that hydrogen is hugely expensive to make and today largely comes from the demethylization of hydrocarbons; ie oil.  No, the Hydrogen – Aluminum cycle is something different entirely.

When we think of hydrogen, some horrible images from the past might emerge.

Here we see the Hindenburg which was filled with hydrogen bursting into flames.  Many see the risks of hydrogen in cars and decry ‘oh the humanity!’.  Well there are no such worries with the hydrogen – aluminum power cycle because the hydrogen is produced in micro amounts and only as needed.  Hydrogen need not be stored in a cryogenic canister with motorists barrelling down the highways with a bomb on board.  This in situ or just in time production solves the danger of using hydrogen in a car.

Next, we must solve the problem of where to find our hydrogen.  Clearly deriving it from oil simply won’t do.  The other current method for obtaining hydrogen is through a process called hydrolysis which splits water into hydrogen and oxygen.  Regrettably, this process is too inefficient to be used on a wide scale.

Enter into the picture aluminum.  Aluminum has a high affinity for oxygen.  Whenever you hold a piece of aluminum it has a skin of oxidation.  This skin, once formed, prevents any further oxidation which is why you never have to worry about rust in components built of aluminum.  Aluminum likewise reacts with water;  A jealous lover of oxygen, it bonds strongly with it, ousting the hydrogen.  While a jealous lover aluminum may be, it is quickly satiated and forms a skin failing to react any further.

Jerry Woodall, a professor of Computer Science and Electrical Engineering at Purdue, discovered in the 60’s that when aluminum, gallium and water were mixed, the aluminum oxidized fully, liberating massive amounts of hydrogen.  It would seem that the gallium acts as a mediator in the reaction and prevents the formation of the oxidation skin on aluminum.  The end results of this reaction are hydrogen gas, aluminum oxide (aka alumina) and gallium.  The gallium is not consumed, and thus can be recycled.  The alumina can be electrically converted back into aluminum and thus recycled.  Burning hydrogen produces only water.

The idea of using hydrogen to power a vehicle is certainly not a new one.  While Woodall was experimenting with gallium in the 60’s, GM was trying to prototype a hydrogen fuel cell vehicle: The Electrovan.  It is recognized as the first hydrogen fuel cell prototype.  The prototype was scrapped due to the high cost of the rare (precious) metals used in its fuel cells and the complexity of storing hydrogen.

The aluminum-gallium-hydrogen cycle may allow us to succeed where the Electrovan failed.  So now, let’s put the pieces together: How does this get you to work in the morning?  Your new, non-polluting car has two fuel tanks, one containing water, the other containing aluminum and gallium flakes.  As hydrogen is needed the water and the flakes are mixed.  The hydrogen is harvested and runs the engine.  Also the heat produces by the chemical reaction may be harvested for energy by a Stirling Engine which is a type of engine which can run off of temperature differentials.

When it comes time to fuel your vehicle, the new filling station attaches three hoses to your car.  One removes the slurry of used alumina to be recycled.  The other two replenish your supply of water and aluminum-gallium flakes.  When it comes time to pay for your aluminum flakes, will it be competitive with gasoline?

“Since standard industrial technology could be used to recycle our nearly pure alumina back to aluminum at 20 cents per pound, this technology would be competitive with gasoline,” Woodall said. “Using aluminum, it would cost $70 at wholesale prices to take a 350-mile trip with a mid-size car equipped with a standard internal combustion engine. That compares with $66 for gasoline at $3.30 per gallon. If we used a 50 percent efficient fuel cell, taking the same trip using aluminum would cost $28.”

–  (http://www.purdue.edu/UNS/x/2007b/070827WoodallNanotech.html)

Next, some may wonder where the aluminum will come from.

Enough aluminum exists in the United States to produce 100 trillion kilowatt hours of energy. That’s enough energy to meet all the U.S. electric needs for 35 years.  If impure gallium can be made for less than $10 a pound and used in an onboard system, there are enough known gallium reserves to run 1 billion cars.”

–  (http://www.purdue.edu/UNS/x/2007b/070827WoodallNanotech.html)

Recall that alumina (aluminum oxide, the waste product) can be recycled electrically back into aluminum.  So it’s not like oil where, once burnt, we can’t reclaim it.  We can electrically reclaim the waste alumina back into aluminum.

Ecologically this is a dream come true.  When thinking ecologically it’s important to think in terms of cycles.  Everythings output must be something’s input cycling back to the original source.  Here we have aluminum going to aluminum oxide (alumina) going back to aluminum.  The alumina to aluminum step can be powered by non polluting nuclear or renewable sources such as solar or wind etc.  The water turns to hydrogen which combines back with oxygen to produce water.  Gallium is never consumed and is recycled continuously.

So there you have it: president Carter’s dream some thirty years later, but not too late.  With the skyrocketing prices of oil the need for this change has never been more clear.  The only missing ingredient in this equation is the political motivation to fund and accelerate the conversion process.  This may prove to be the trickiest part of the equation to balance.

Further reading:

Please don’t take my word on this matter, feel free to do your own research:

http://www.google.ca/search?hl=en&sa=X&oi=spell&resnum=0&ct=result&cd=1&q=aluminum+gallium&spell=1

http://youtube.com/results?search_query=aluminum+gallium&search_type=

There is also a similar approach using boron

http://www.google.ca/search?hl=en&q=boron+hydrogen+car&meta=

AID · ale · alternative energy · alternative fuel · aluminum · cent · chemical reaction · China · Coming · conversion · Economy · energy · energy crisis · engineering · equation · foreign oil · fuel cell · fuel cells · gallium · global warming · Google · html · http · hydrogen · hydrogen car · hydrogen gas · ie oil · India · industrial technology · inflation · Jerry Woodall · Jimmy Carter · king · levis · logic · mediator · oil · President · price oil · professor · professor of Computer Science · Purdue · quote · RAM · Red · solar · stirling engine · United States · USD · waste product · www.google.ca/search?hl=en& · www.google.ca/search?hl=en&q=boron+hydrogen+car&

… The Israeli accent is a great accent to fake at a bar.

(Israeli Accent)

“Hey Baby, I’m going to pre-emptively attack you by asking for your phone number before I even say hello…”

(normal accent)

It always works like a charm! How can any female argue with that?!

(beat)

However, there are a few disadvantages to the accent. The problem is that a few words are mispronounced leading to double entendres. For those of you who took the GED on TV high school equivalency, that’s a ‘double meaning’. A good example of this is the word ‘peace’ – as in ‘peace on earth’. Israelis tend to pronounce it as if they’re saying the bodily function ‘piss’. When I was in Israel, I attended a discussion of the Peace Process given by the Minister of Foreign Affairs, given in English. In this case, the double entendre worked to his advantage – it made sense to me in both meanings. It went something like this:

(Israeli accent)

Good morning and welcome to Israel. I’ve been asked to speak to you today about the Piss Process and the prospects for piss in the Middle East. I think it’s appropriate to first start out with a history of piss in the region.

Back in the days of Golda Meir, we tried to make piss with our neighbours. The Arab culture is a strange one in that they are not willing to make piss with a woman. Personally, when my desire to make piss is strong, I would make piss with any person standing at my side, but I can’t speak to their culture.

Next we come to the Camp David Accords. Back in the 70’s all the Middle East Leaders flew to Camp David in the United States to make piss. It was hoped that the United States could provide the required push needed by all sides. Unfortunately, as many of you know, when a bunch of men get together, sometimes there is an anxiety about making piss. Regrettably, that’s exactly what happened. Even though we were all there standing side by side, the anxiety made it such that no piss came out of those meetings. The morale of the story is that if someone wants to make piss, no one can push them to do it — the push for piss must come from within.

Well, the 80’s were a dry desert in the search for piss in the Middle East. Thus, in the late 80’s, out of frustration, the Palestinians began to throw stones hoping to relieve the blockage in the piss process, and it worked. In 1993 we held a meeting in Oslo out of which piss began to flow. It ended with Yitzhak Rabin and Yasser Arafat making piss on the White House lawn and the uncomfortable hand shake afterwards.

Everyone had high hopes that the Oslo Accords would quickly spread piss all over the Middle East. Unfortunately piss trickled ever so slowly, causing much frustration and disappointment. It is in this era, that of the late 90’s, that they started talking more about a piss process rather than piss itself. From this we learn that when people start talking about a piss process, they are not serious about piss. We all know that when you want to make piss, you simply make piss -– it’s not complicated. And this leaves us in our current state of long discussions about the process of making piss, with very little piss being produced.

In conclusion, it is my hope that we will soon learn from our mistakes and all parties involved will be sincere in their desire for piss and we shall soon see piss spread all over the Middle East.

ale · arab israeli conflict · Camp David · camp david accords · Case · cent · gold · golda meir · http · Israel · israeli accent · king · middle east · middle east peace · Minister of Foreign · Minister of Foreign Affairs · oslo · oslo accords · peace process · Red · United States · White House · White House lawn · Yasser Arafat · Yitzhak Rabin

Flounder: Intelligent Design?!

 I was watching this debate on Creationism (Intelligent Design):

http://www.youtube.com/watch?v=40Q8p3GqPqQ

If you want to stump a creationist, it’s easy.  Just ask them to produce a testable hypothesis.  They’ll stamp their feet and wave their hands but they won’t produce nary a one.  While they fume, you might offer some examples of unintelligent designs to drive some final nails into the coffin of what is ultimately a stupid debate.

Here is an interactive which provides evidence for evolution through the imperfections found in nature:

http://www.funtrivia.com/trivia-quiz/SciTech/Evidence-for-Evolution–Unintelligent-Design-209350.html
http://www.funtrivia.com/playquiz/quiz20935017f89d8.html

** If anyone is aware of evolutionary imperfections, please post them in the comments.  If we get enough of them I’ll create a post list.  An example would be the fact that humans can’t make vitamin C but make it 3/4rs of the way along the chemical pathway.

chemical pathway · creationism · evolution · head · html · http · ILS · intelligent design · nature · unintelligent design

http://www.cbc.ca/ideas/massey.html

The 2008 Massey Lecture – Payback by Margaret Atwood is available for listening via streaming.

Atwood deals with the moral and social aspects of debt and finance.  This timely lecture series is both thought provoking and insightful.

Interesting Quote:
(From Lecture 3)
“Put a miller, a weaver, and a tailor in a bag, and shake them, the first that comes out will be a thief.”  
                                              – Howell 1659
(meaning they are all thieves as they process things, but do not produce them)

finance · html · http · king · Margaret Atwood · Massey Lecture · Payback · quote · weaver