Now when i invest in the stock market I can not have big picture thinking for the short term. Capitalism has been incredibly robust and i suppose in many ways we are better of than we were a hundred years ago. Now i can type on a computer and be part of this new nerve centre as Hilary Clinton calls it
She would have been a better President than Obama, at the very least she knows the halls of power while Obama has had his hat handed to him many times…as i have had mine handed…
i have lost 20% of my net worth since March and am at least two thirds out.
I have little knowledge of the means of production
or really what i am buying…
this is how far removed from reality i am…
yet i have profited and am now able to redirect these funds to more useful ventures?
oh yeah like what?
Forget that i make time by making money
or the freedom to listen to myself
other people have to pay with time…
so much per hour to support themselves
when the markets move and in a sense i am winding down.
I am playing in a virtual world…
if anything the stock market is a construct which enables the wealthy to accumulate more wealthy while fooling others into believing they are shareholders and joint owners have a take
it is different holding a hammer
than holding stock…
one is abstract and fueled by greed…
greed is good…and focus on self
selfishness becomes narcissism
building something fueled by a need to contribute
is not the popular trend…
greed and hubris
based on entitlement
which is the benefits
with out effort syndrome
raised by children of baby boomers
who were guilty of being born into times of incredible wealth and innovation…and unfortunately the advent of the human growth and development movement which was an extension of Hegel’s enlightenment project which was chronically underfunded in terms of long term thinking…or at least checked by hesitation and doubt,
as a species we are too sure of ourselves
whatever momentum Obama had he has lost,
he has not placed the blame of the economic crisis
where it belongs,
as Lenin predicted the market
gets more extreme as the end nears
this system
of fueling growth
by borrowing
runs into
the contradiction
debt is eternal
and necessary
while growth
is at best sporadic…
if one is to profit
from the decline
of civilization
then it is best
if one is a “shorter”…
i.e.bets on the failure
of capitalism or a stock
going down…
they say equilibrium
i say Communist.
or look at the companies that know the game…even if the copper mine idea never gets out of of the ground the chances of the owners losing money is not possible…they don’t take chances…and they just bide their time…
i am investing in solar stocks which operate at about 17% efficiency..they need government subsidies to be successful yet are part of a loose plan too wean us from fossil fuels…I have lost 20,000 USA dollars since i first got involved less than a month ago…the fossil fuel has stored energy while the sun is current…
I would imagine the current system has a ways to go and I’ll probably run higher losses…if i stick with green energy. So far listening to the Pundits have served me poorly…i bough GE which the president said was still going to pay a dividend then he cut it and i lost 50k…and now solar which is going bankrupt is my new great idea and other ethical investors
…i would rather have a bookstore that generated a little income and was a good place for people to meet and talk and drink good coffee than play this fools game called the stock market…
the government funding comes from a fossil fuel driven economy
ex) homes and work places are far apart. i.e. a car economy.
Fossil fuels will be around for a while and are centered in the middle east…where i am heading in less than two weeks…which should be more engaging than investing in joint stock ownership companies.
Over and out from Lu Lu Island.
No comments:
Post a Comment