Showing posts with label ethics. Show all posts
Showing posts with label ethics. Show all posts

06 October 2008

The Con molecule




everyone's experienced 'awakenings'
where the Con loses its grip
(as in Carpenter's "They Live")

but always falling back then
to sleep




after enough cycles
of wake-sleep-wake

a pressure-point
may come into focus

thru which the dark cloak
descends

but which can be resisted
standing up against the conformity
of millions of people
over thousands of years

and might this pressure-point
even be a single molecule
or at least a small cluster
in the brain
between the eyes

the ultimate battleground of good and evil

torn between
a state of comfort
and a state of virtue?






.

Democracy and karma

if we could graph the decline
since (say) 1950
in the average age
when usamericans conclude
that 'justice' in high places is a fraud
and evil almost always wins...

how much such damage has wBu done?

most recently
how much has Paulson done?

what hope is there
for any sort of WallSt ethical reckoning?

any Iraq/mideast reckoning?

any infrastructure/education/healthcare reckoning?

how do we refocus the popular outrage
when the media so adeptly blame the victims?

(cindy sheehan, for one
achieved a small miracle...)






.

25 September 2008

WallSt bailout timeline

1916: 1st GSE [Wiki]

1934: FDIC created

1938: FNMA (Fannie Mae) [Wiki]

1968: GNMA [Wiki]

1970: FHLMC (Freddie Mac) [Wiki]

1980: Depository Institutions Deregulation and Monetary Control Act [Wiki]

1982: Garn-St. Germain Depository Institutions Act [Wiki]

1985: Mar: Home State Savings Bank of Cincinnati collapses [Wiki]

1986:

22Oct: Tax Reform Act of 1986 eliminates real-estate tax shelters [Wiki]



1987: 1st CDO [Wiki]

Aug: Greenspan heads Fed [Wiki]

1988: Silverado Savings and Loan collapses [Wiki]

1989: Resolution Trust Corp [Wiki]

09Aug: Financial Institutions Reform, Recovery and Enforcement Act [Wiki]

1992: Office of Federal Housing Enterprise Oversight (OFHEO) [Wiki]

1998: $3.6B Long Term Capital Management bailout [Wiki]


2001:

20Mar: S&P start faking ratings for cash [loong]

01Jul: credit-default swaps outstanding $600B [pdf-table] [NyT tutorial]

2002:

15Oct: W commits to affirmative-action home loans [iSteve]


2005:

US housing bubble peaks [Wiki]

2006: Subprime mortgage crisis [Wiki]

01Feb: Bernanke replaces Greenspan [Wiki]

06May: 1st (of 100s) mortgage-lender bankruptcy [list]

03Jul: Paulson to Treasury [BizWk] [Wiki]

2007:

Jan: Bear-Stearns at $172/share [Wiki]

Mar: US subprime mortgages = $i.3T [Wiki]

09Aug: financial crisis [Wiki]

Sep: AIG auditor resigns in protest of ignored warning on CDS [Blmbrg]

15Nov: FASB 157 [Wiki] [CFO]

31Dec: credit-default swaps outstanding $62T [pdf-table]

2008: Economic crisis of 2008 [Wiki]

14Mar: Fed loan to Bear-Stearns [Wiki]

30May: Bear-Stearns bought by JPMorgan [Wiki]

30Jul: FHFA [Wiki]

15Sep: Lehman Bros bankrupt [Wiki]

24Sept: Buffett puts $5B into Goldman, talks up $700B deal [sweetheart terms]

06 August 2007

Rainbow logic on the Worldtree

in worldtree visualisations
non-spacetime dimensions
(ie parameters
variables
ranges-of-values)
are normally represented as
rainbow-spectrum colorings

we can call a coloring 'progressive'
if each rainbow-color
in chronological sequence
in some way dominates the graph

eg a human value-system
colors each turning
of each human branch
between good-red (or good-blue)
and evil-blue (or evil-red)

perhaps idealising
a long-past golden age
or a distant future utopia

or a gradual blundering groping
towards unreachable perfect
justice and truth

and in the present moment
some or all of those rainbow shades
are (microcosmically)
in active conflict







.

29 November 2006

Freud on the Tree of Life

any psychological or ethical theory
(if it isn't sheer b.s.)
should be visualisable
on the Tree of Life

let id be green
superego red
ego yellow

green infants
suffering increasing attacks of red

neurotics cycling red/green

psychoanalysis ideally resolving
red/green conflicts
to yellow







.

29 October 2006

Sociobiological ethics

my favorite paragraph
of EO Wilson's 'Sociobiology'
is where Robert Trivers demonstrates
that any species which can
recognise individuals
should evolve towards
altruism
(because selfish individuals
will be held accountable)

because it supplies a cornerstone
for any future
leftwing evolutionary ethics

not me-first libertarianism
but honor-first superchivalry

where (eg) lying to get ahead
is unthinkable

but i've yet to see this clue
fleshed out into
the full, necessary
blakean christianity

in which personal experiment/experience
is the driving force
unconstrained by those damned
social 'braces'

acknowledging we've been bogged down
for some millennia
in inauthenticity
that has been overriding our finetuned
billion-year-old
genetic wisdom

encouraging non-conformity
local experimental communities

exploiting the internet
to hand government back
to the people

eliminating corporations'
bogus claim to privacy
so communities can freely
monitor their ethics




one stubborn quandary
that bugs me still
is
dog-eat-dog
vs
the nanny function

whether the state steps in
when individuals behave dishonorably

or instead insists
the victims learn
to defend themselves...?