Wednesday, August 25, 2010

Orders of Intention

Behavioral scientists describe a high and low order of intention when explaining behavior. The more capacity for anticipating the future, if not engineering it, the higher the order of intent.

Anticipation of future value gives current value to the risk. Future value is usefully present, represented as probable risk. Critique of the economic system, which is concomitant to a high level of gamma risk, currently has the expression of probable deflationary risk, for example.

As the economy spirals down, anticipating the future value of the risk, its current value (foreclosures and reduction of net worth) appears to lack a high order of intention and appears to generate an indivisible, "systemic" risk. The exculpatory valuation of the risk is, however, a systemic fraud.

Perpetrating an exculpatory valuation of the risk has an intent of the very highest order, intending to convert and consolidate value by causing a detriment (the current value of the recession and the deflationary trend). So, Goldman Sachs, for example, a chief engineer of the current value, recently downgraded the economy. That value was well anticipated, converted and consolidated well in advance of the current downward trend that it will falsely claim it is now a victim, just like everybody else.

In order to reverse the deflationary trend quickly and effectively, firms like Bank of America and Goldman Sachs must be liquidated and the consolidated value retributed to pluralize the financial system, "currently" being deliberately starved of liquidity, causing a massive, systemic detriment that is intended to be consolidated and used against The People they call their customers. It is a massive fraud, inimical to a civil society in the most primal sense, to be resisted with the highest order of intention.

Bond prices, for example, are high because the accumulation of value moved there. Prices move higher wherever the accumulated value goes, causing a bubble (boom and bust volatility that consolidates value). The problem is not the bubble, it is the accumulation of the value (and the consolidation of the risk). It needs to be de-consolidated so that the current value of the risk can never be in a command mode (limiting freedom, causing the need for government).

The ability to command prices is by definition a high order of intent, and in a free-market economy in which prices are demanded, not commanded by an overaccumulated economy-of-scale valuation, it is criminal.

Isn't it interesting, given the expected value of the risk being bleak at best going forward, we currently have Republicans giving speeches about how they can save us from Democrats, who were saving us from Republicans. Just exactly what is the order of intention here? What is the "real" current value of the risk?

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