Sr. Pessimist's Comments Sr. Pessimist's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/9608/comments Is a Crash Impending? http://seekingalpha.com/article/159200-is-a-crash-impending?source=feed#comment-724334 724334 Wed, 21 Oct 2009 18:06:06 -0400 Wake Up America, You’re Sinking http://seekingalpha.com/article/89955-wake-up-america-youre-sinking?source=feed#comment-226179 226179 Fri, 08 Aug 2008 12:47:27 -0400 WSJ Chooses Spin Over Precision http://seekingalpha.com/article/89515-wsj-chooses-spin-over-precision?source=feed#comment-225270 225270 Thu, 07 Aug 2008 13:16:45 -0400 Is it Different This Time? http://seekingalpha.com/article/89520-is-it-different-this-time?source=feed#comment-225254 225254 Thu, 07 Aug 2008 13:02:27 -0400 Credit Crisis Review: ARMed for Failure http://seekingalpha.com/article/88848-credit-crisis-review-armed-for-failure?source=feed#comment-222677 222677 Mon, 04 Aug 2008 17:17:15 -0400 American Express Company Q2 2008 Earnings Call Transcript http://seekingalpha.com/article/86070-american-express-company-q2-2008-earnings-call-transcript?source=feed#comment-211916 211916 Tue, 22 Jul 2008 19:22:57 -0400 Washington Needs to Trim the Fat, Not Tax More http://seekingalpha.com/article/86090-washington-needs-to-trim-the-fat-not-tax-more?source=feed#comment-211912 211912 Tue, 22 Jul 2008 19:15:18 -0400 The Fat Lady's Not Singing Yet for the Economy http://seekingalpha.com/article/86103-the-fat-lady-s-not-singing-yet-for-the-economy?source=feed#comment-211909 211909 Tue, 22 Jul 2008 19:10:42 -0400 Pay More, Get Less http://seekingalpha.com/article/64908-pay-more-get-less?source=feed#comment-116901 116901
Subsequently I developed compounding binary relations. It can serve as the critical tool to make vast banks of knowledge available to be processed so as to make artificial intelligence on a computer limitlessly formidable.

Skilled labor is easily possible on machine sentience.

Not even cheap Indian and Chinese programmers can match the power of a grid of sentient machines following your instructions tirelessly and effectively. We don't need unskilled labor, and we don't need semi-skilled labor.

In fact, if done properly (and that's a major if), everybody could live a real nice easy life. There is a cogent theoretical approach to controlling the machines so as to balance them against running amok.

Interesting. The US Dollar's weakness is competitively a good thing. I just wasn't arrogant enough to add myself to the equation. Well, with my development of sentient robotic labor and my development of the #P class of algorithms, labor shouldn't be at very much of a shortage for long. Not for an economy, and not for a military.

It's hard to already be arrogant, but realize I have to be even more arrogant to be accurate. I feel just like an arrogant prick. Is there any limit to how arrogant I have to be to be accurate? :) ]]>
Mon, 18 Feb 2008 10:20:23 -0500
Subsequently I developed compounding binary relations. It can serve as the critical tool to make vast banks of knowledge available to be processed so as to make artificial intelligence on a computer limitlessly formidable.

Skilled labor is easily possible on machine sentience.

Not even cheap Indian and Chinese programmers can match the power of a grid of sentient machines following your instructions tirelessly and effectively. We don't need unskilled labor, and we don't need semi-skilled labor.

In fact, if done properly (and that's a major if), everybody could live a real nice easy life. There is a cogent theoretical approach to controlling the machines so as to balance them against running amok.

Interesting. The US Dollar's weakness is competitively a good thing. I just wasn't arrogant enough to add myself to the equation. Well, with my development of sentient robotic labor and my development of the #P class of algorithms, labor shouldn't be at very much of a shortage for long. Not for an economy, and not for a military.

It's hard to already be arrogant, but realize I have to be even more arrogant to be accurate. I feel just like an arrogant prick. Is there any limit to how arrogant I have to be to be accurate? :) ]]>
Pay More, Get Less http://seekingalpha.com/article/64908-pay-more-get-less?source=feed#comment-116900 116900
A weak US Dollar makes for an extremely formidable export economy, given artificial intelligence is properly implemented. A weak currency is good for the economy if people use my AI technology to replace unskilled labor. Then US goods are cheaper than all other goods worldwide, for us as well as everybody else.

Artificially intelligent robotic labor equity at the mere fixed cost of the manufacturing of the robot, plus the ongoing cost of power and maintenance.]]>
Mon, 18 Feb 2008 10:13:31 -0500
A weak US Dollar makes for an extremely formidable export economy, given artificial intelligence is properly implemented. A weak currency is good for the economy if people use my AI technology to replace unskilled labor. Then US goods are cheaper than all other goods worldwide, for us as well as everybody else.

Artificially intelligent robotic labor equity at the mere fixed cost of the manufacturing of the robot, plus the ongoing cost of power and maintenance.]]>
Mortgage Bond Ratings Change: "Too Little, Too Late" http://seekingalpha.com/article/63764-mortgage-bond-ratings-change-too-little-too-late?source=feed#comment-115372 115372
Here's one I personally just thought of: "Manager of Corporate Relations and Rapport"- Mortgage for "Beggar next to a High Rise."

How about "Personal Assistant"? Mortgage for "Hooker."

And of course nobody in the entire world of mortgage knew a single soul in the ratings agencies, inside the business world or in their personal lives, and nobody affiliated with anybody in the mortgage industry, including friends and relatives, knew anybody or any affiliate of any of the ratings agencies like a mo'fo'.]]>
Fri, 08 Feb 2008 23:00:44 -0500
Here's one I personally just thought of: "Manager of Corporate Relations and Rapport"- Mortgage for "Beggar next to a High Rise."

How about "Personal Assistant"? Mortgage for "Hooker."

And of course nobody in the entire world of mortgage knew a single soul in the ratings agencies, inside the business world or in their personal lives, and nobody affiliated with anybody in the mortgage industry, including friends and relatives, knew anybody or any affiliate of any of the ratings agencies like a mo'fo'.]]>
Pending Home Sales Plummet 24.2% http://seekingalpha.com/article/63762-pending-home-sales-plummet-24-2?source=feed#comment-115369 115369 Fri, 08 Feb 2008 22:47:27 -0500 Countrywide and Chase Shut Off the Cash Spigot http://seekingalpha.com/article/63025-countrywide-and-chase-shut-off-the-cash-spigot?source=feed#comment-114673 114673 Tue, 05 Feb 2008 11:36:25 -0500 Defense Sector January 2008 Review http://seekingalpha.com/article/63081-defense-sector-january-2008-review?source=feed#comment-114672 114672 Tue, 05 Feb 2008 11:30:19 -0500 What the Housing 'Apocalypse' Prophets Aren't Revealing http://seekingalpha.com/article/63150-what-the-housing-apocalypse-prophets-aren-t-revealing?source=feed#comment-114669 114669 Tue, 05 Feb 2008 11:24:40 -0500 Anatomy of a Government Bailout http://seekingalpha.com/article/63076-anatomy-of-a-government-bailout?source=feed#comment-114661 114661
Just the other day I spoke with a client I was training in the gym. Maybe it was just a friend or an acquaintance. He actually mentioned that the IMF is turning out to be a bad idea because of this same concept- "moral hazard." If these bankers know they can always get away with it, then the IMF is bad for society on the whole, because it actually promotes practices like we see in the Mortgage Scam.]]>
Tue, 05 Feb 2008 11:05:34 -0500
Just the other day I spoke with a client I was training in the gym. Maybe it was just a friend or an acquaintance. He actually mentioned that the IMF is turning out to be a bad idea because of this same concept- "moral hazard." If these bankers know they can always get away with it, then the IMF is bad for society on the whole, because it actually promotes practices like we see in the Mortgage Scam.]]>
Micro-Hoo!™: Desktop vs. Internet http://seekingalpha.com/article/62857-micro-hoo-desktop-vs-internet?source=feed#comment-114549 114549
Oh wait, I forgot. Microsoft is littered with GNU GPL source code, while Yahoo could never get their damn Panama operation going (meaning they can't target ads right). So they are nothing but two oversize and yet tame beasts of capital intrepidity. Don't be afraid of the big guys. There are but 7 programmers in this entire country, and apparently neither Microsoft nor Yahoo has ever employed a single one of them. Just because it's a big dinosaur doesn't mean it's a T-Rex, double the trouble. Here it's just two big fat useless brontosaurs mating with each other behind the biggest prehistoric bush they could possibly find after an 18 month long courtship. Their worst weapon is their tails, and they've been persisting by tail jobs for just too long now for there to be any remaining ominous threat, a-over there.]]>
Mon, 04 Feb 2008 20:31:51 -0500
Oh wait, I forgot. Microsoft is littered with GNU GPL source code, while Yahoo could never get their damn Panama operation going (meaning they can't target ads right). So they are nothing but two oversize and yet tame beasts of capital intrepidity. Don't be afraid of the big guys. There are but 7 programmers in this entire country, and apparently neither Microsoft nor Yahoo has ever employed a single one of them. Just because it's a big dinosaur doesn't mean it's a T-Rex, double the trouble. Here it's just two big fat useless brontosaurs mating with each other behind the biggest prehistoric bush they could possibly find after an 18 month long courtship. Their worst weapon is their tails, and they've been persisting by tail jobs for just too long now for there to be any remaining ominous threat, a-over there.]]>
Will the Economic Nightmares Ever End? http://seekingalpha.com/article/62892-will-the-economic-nightmares-ever-end?source=feed#comment-114548 114548 Mon, 04 Feb 2008 20:23:16 -0500 Watch Out Economy: Stormy Weather Ahead http://seekingalpha.com/article/62868-watch-out-economy-stormy-weather-ahead?source=feed#comment-114547 114547 Mon, 04 Feb 2008 20:21:56 -0500 News Corp. Scrambling to Bid for Yahoo? http://seekingalpha.com/article/62765-news-corp-scrambling-to-bid-for-yahoo?source=feed#comment-114307 114307 Sun, 03 Feb 2008 09:46:28 -0500 Overstated Job Growth & the Annual Establishment Survey Benchmarking http://seekingalpha.com/article/62674-overstated-job-growth-the-annual-establishment-survey-benchmarking?source=feed#comment-114097 114097 Fri, 01 Feb 2008 13:37:26 -0500 Helicopter Ben to the Rescue http://seekingalpha.com/article/62635-helicopter-ben-to-the-rescue?source=feed#comment-114096 114096
Automobile-based systems with nowhere new they're going are obsolete in the face of the power of more modern aerospace-level engineering.]]>
Fri, 01 Feb 2008 13:34:53 -0500
Automobile-based systems with nowhere new they're going are obsolete in the face of the power of more modern aerospace-level engineering.]]>
Fiscal Stimulus Package Won't Avert the Recession http://seekingalpha.com/article/62462-fiscal-stimulus-package-won-t-avert-the-recession?source=feed#comment-114095 114095 Fri, 01 Feb 2008 13:27:46 -0500 Q4 GDP: El Stinko! http://seekingalpha.com/article/62469-q4-gdp-el-stinko?source=feed#comment-113827 113827 Thu, 31 Jan 2008 11:01:54 -0500 Two Billionaires Concur: Sell the Banks http://seekingalpha.com/article/62432-two-billionaires-concur-sell-the-banks?source=feed#comment-113825 113825 Thu, 31 Jan 2008 10:58:58 -0500 Dear Ben... http://seekingalpha.com/article/61870-dear-ben?source=feed#comment-113411 113411
The bad news is that currency is getting very rapidly outdated. China has more equity with which to draw capital. They are the world's true export super-economy. America cannot compete with BRIC. That's bad news for some good people around here that foreign nations just don't want to take care of. Rigorous authentication can patch things up, but is much more costly in the long run that having both a presumed confidentiality as well as authentication. Both involve an error rate. Their combination is mutually-strengthening... Their separation is critically detrimental.

The good news is a barter economy is possible. The algorithm has already been written. The Ukraine even survived under barter until somebody took charge. Only this time, I think barter will reign the primary means of survival for the long haul. A currency system lacking confidentiality inherently cannot compete against a barter system lacking confidentiality.]]>
Tue, 29 Jan 2008 10:36:43 -0500
The bad news is that currency is getting very rapidly outdated. China has more equity with which to draw capital. They are the world's true export super-economy. America cannot compete with BRIC. That's bad news for some good people around here that foreign nations just don't want to take care of. Rigorous authentication can patch things up, but is much more costly in the long run that having both a presumed confidentiality as well as authentication. Both involve an error rate. Their combination is mutually-strengthening... Their separation is critically detrimental.

The good news is a barter economy is possible. The algorithm has already been written. The Ukraine even survived under barter until somebody took charge. Only this time, I think barter will reign the primary means of survival for the long haul. A currency system lacking confidentiality inherently cannot compete against a barter system lacking confidentiality.]]>
Futures Off a Tad... http://seekingalpha.com/article/60981-futures-off-a-tad?source=feed#comment-112409 112409 Wed, 23 Jan 2008 11:34:34 -0500 So Much for the Decoupling... http://seekingalpha.com/article/60879-so-much-for-the-decoupling?source=feed#comment-112160 112160
American investment banks will knowingly con foreign banks into investing into their bad securities, but foreign banks won't be as easily misled next time. There won't be a next time. Foreign banks won't trust American banks anymore. And they shouldn't. This country is rigged backwards and upside down.]]>
Tue, 22 Jan 2008 11:00:46 -0500
American investment banks will knowingly con foreign banks into investing into their bad securities, but foreign banks won't be as easily misled next time. There won't be a next time. Foreign banks won't trust American banks anymore. And they shouldn't. This country is rigged backwards and upside down.]]>
Inflationists vs. Deflationists: Who's Right? http://seekingalpha.com/article/60760-inflationists-vs-deflationists-who-s-right?source=feed#comment-111641 111641
Riots on the streets this year I think. Maybe next year. This year is a 70-30 chance. By some time next year is a 90-10 chance. About, and if you ask me.]]>
Sun, 20 Jan 2008 09:52:17 -0500
Riots on the streets this year I think. Maybe next year. This year is a 70-30 chance. By some time next year is a 90-10 chance. About, and if you ask me.]]>
The Oversold U.S. Market Gets Even More Oversold http://seekingalpha.com/article/60717-the-oversold-u-s-market-gets-even-more-oversold?source=feed#comment-111515 111515 Sat, 19 Jan 2008 10:55:39 -0500