Monday, February 27, 2012

Lost and Found

Instead of on-demand, organic, economic growth to surplus value without unemployment, reserve value is being commanded (in the dark where we can't see it) so that demand is not sufficient to consume production.

Supply-side management on demand in the dark is really demand-side management. Shortages are cured by demand destruction. For example, when inflation--like rising gas prices--forces you to consume less of everything, which is deflationary, there is plenty of supply to consume if you are rich enough to afford it.

Effectively, supply-side management as proposed and practiced by right-wing conservatives to add supply is really means-tested rationing. Rather than add supply, it serves more to verify a person's class by consumption, or on-demand.

Value produced on command is the supply-added dimension of "supply-side" economics (hidden in the dark so we cannot easily know it, and thus seek it, as our self-interest). The reserve is used to force as many people as possible into default by what the commanders (the "market makers") argue to be market demand.

Risk-value is derived and added (on demand) to the supply, which is consumed on demand by the masses. Distribution of the risk and the reward is classified, its consumption determined by who is too-big-to-fail. If you are too big to default, you consume the value derived from the risk (which is, at the same time, the means to cause it--or make it to take it--on-demand in the marketplace).

Risk is processed for classified consumption in dark markets using financial instruments called "derivatives" (you know, that phenomenon, supposedly, only God can adequately understand and thus providentially control).

Since we are a consumer society, and the value derived is fair and equitable (determined by popular demand--the invisible hand--in the marketplace), value that has been lost in a too-big-to-fail proportion is considered to be an unidentifiably entangled quantum that exists everywhere and nowhere at the same time.

Value that is non-attributive is non-retributive (it effectively does not exist--it has been handily rendered anonymous...invisible, but not unmeasurable). The value's identity has been rendered so common that it is tragically lost and nowhere to be found (absorbed into the economy-of-scale corporate collective that we are all subjected to by popular demand and to which we must conform to earn the value necessary to self-determine).

Remember that the value we are told is lost in hard times is really hidden away in dark markets. If we are told by expert analysts that it is value lost, and we can't see it because it operates in the dark robbing us of our capacity to self-determine, then we will not be looking for it. By default, we do not have the means to be the prudent regulator freed from the oppression of a governing authority. If we do not seek the forbidden fruit hidden to keep us from knowing evil, we will not find out what it means to be the sovereign power.

For the vast majority, seeking the added value (the savings supposedly lost) is not a function of its regulation, but its deconsolidation.

Although consumed in hard times, savings is held in reserve, nevertheless, so that the average consumer is at the mercy of creditors (people that have acquired your assets by default posing anonymously as corporations with limited liability and thus, no incentive to modify their behavior through a free-market mechanism the corporate is organized to defeat by consolidating your assets). Mercy, however, is in short supply because there are insufficient funds to demand it and because, remember, the corporate demands we confirm our objective identity by pathologically subordinating our "selves" to debt.

Being subordinate not only classifies the debt, but the debtor. Peonage may be illegal but it is effectively practiced by maintaining an economy of scale that relies on credit to both create jobs and generate the demand necessary to prevent systemic accumulation of risk. When Bank of America tells you to short-sell your home or be homeless with a mortgage you own and still have to pay back, the bank effectively owns you, and that ownership can, and will, be accomplished indirectly, in late-order, through derivative valuation of the risk in dark markets.

Bank of America says its vast size allows it to acquire and extend credit on a global scale so that we all have the freedom to find prosperity, but it will be sure it is lost in the dark and subordinated, as well.

Corporates organized to be too big to fail are pathologically corrupt. It would be interesting to see what the MRI scans of leading, Ivy-League, corporate recruits look like, or anybody for that matter who thinks organizing for the extension of mass subordination is the virtue to which we are to "credit" our objective identity.

Small investors need to always keep in mind that big money is always operating to force you into risk to acquire yield.

It's no accident that a Treasury bond has virtually no yield, which supports equity values against rising negative equity. Eventually this divergence of risk-reward (the lower the risk the higher the yield for assets with a high, make-it-to-take-it classification) will converge into a crisis proportion that effectively subordinates small investors to all the risk.

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