Archive for March, 2012

Contraction/Expansion Cycles & Waves

Saturday, March 31st, 2012

A fundamental expression in nature is a wave.  The following image provides a simple expression of a measurable wave: However, waves can also rotate as shown below: Cycles are a reality of life and at the most fundamental level we observe expansion and contraction.  ...

S.W.I.F.T. System Global Mistake

Monday, March 26th, 2012

SWIFT is the Society for Worldwide Interbank Financial Telecommunication, a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence. More than 9,000 banking organizations, securities institutions and corporate customers in 209 countries trust us every day to exchange millions of standardized financial messages.  ...

Reckless Endangerment

Sunday, March 25th, 2012

The following podcast explores the most fundamental Biblical aspect of economic exchange in society, equal weights and measures.  Biblical Law demands impartiality, independent of your financial status and influence.  Once the imbalance occurs, the rule of Law is compromised and once that occurs, deterioration of society accelerates.  The Rule of ...

Comprehending the breadth, and length, and depth, and height

Friday, March 23rd, 2012

These are tumultuous times.  The economy is in a slow motion train wreck and it is mathematically impossible to sustain our current economic course.  There are many with good intentions attempting to muster up a solution to the crisis.  The problem is simply too big to grasp.  There will be ...

Buying Scarcity with Infinity

Thursday, March 15th, 2012

Warren Buffett recently posed the question, “Would you rather own all the farmland in the U.S. or own gold?”  Most of us would say farmland since we know that it would produce food to be consumed by society.  However the better question to ask is, “Would you rather sell your ...

The Power of Words

Wednesday, March 14th, 2012

http://www.youtube.com/watch_popup?v=Hzgzim5m7oU&vq=medium   Selah!

Doer of the Word

Monday, March 12th, 2012

James 1:22  But be ye doers of the word, and not hearers only, deceiving your own selves. To be a doer of the Word, you must walk in Love for the intent behind the Our Heavenly Father’s Word is Love.  HIS Laws are fulfilled by Love,  HIS Son’s actions ...

The Greek Tragedy: Part 2

Sunday, March 11th, 2012

Now that one bond group of Greek obligations has defaulted, we must consider the other groups that have yet to experience a cash transaction requirement.  Until a bond is at redemption or an interest payment is required, it has not legally defaulted for nonpayment. Bank bonds, Hellenic Railway bonds, ...

The Greek Tragedy: Part 1

Saturday, March 10th, 2012

In recent blogs I have reported that the ISDA had attempted to redefine the Greek default.  Yesterday afternoon, their tune changed, by necessity.  Moody’s has stepped in and called the event a default.  The ISDA responded that a “credit event” had occurred: “LONDON, March 9, 2012 – The International ...

Did Greece default on their debt?

Friday, March 9th, 2012

Greece averted bankruptcy be convincing their bondholders to take a 53.5% loss on the face value of their existing bonds.  See: http://finance.yahoo.com/news/greece-secures-biggest-debt-cut-132152251.html   The ISDA will not have to honor their default swaps for now. Let me get this straight.  Last week I had a bond worth let’s say $10,000, ...