feldstein in his scramble to knock barrack's plans
has failed to distinguish his own december plan

with its flow of rebate checks

started and stopped by economy wide job market conditions

an idea good at least in form if not size

with the one time

recession bonus rebate check

uncle shipped out to lots of us

this spring and early summer

btw a wind fall profit tax
is not by definition

a new discovery investment killer

here's some streaming think nodes:

if it acts like an inventory profit tax
it might trigger a pumping strike

making prices soar…

oil in the ground un pumped
is not subject to the windfall tax

— the earnings from it are “unrealized”—-

so the tax avoider will leave it there

if the post tax net is higher

but then any repeat thought to be in the offing
would prolly cause

inventory to be run down faster extinguishing the price surge

whoops the thing is starting to fly up its own ass here

new node

a one time levy based on past wind fall earnings
has little predictive value

when planning for any future levy

that is 

beyond this lesson

if we energu ats
rig up another temporary price surge/ profit gouge

we'll just get it raked away from us

so not taxing away the wind fall profits now
and maybe more then just the pure wind fall profits

to make it punitive …may create …… a moral hazard

Posted by js paine at 08:43 PM

imagine if we sleepy creepy types
could set up shop tomorrow

in any md or mg show room

we could out bid them for ???

the boundary between “firms “
has its reasons like hedgerows in normandy

ask the evil doc coase ..eh ??

so in this light
might the trans nat big boy corporate

out sourcing wave

peak soon … at least for now ???

the visonary types extrapolate …..

a fantasy future
full of vast talent pools of free roaming hu caps

hiring themselves out
in ones and thees

to various corporations

on a one project and out basis

like so many private eyes cases ….

you still read future scapes
where corprations have morphed into little more then

” board room full of big shots

a portfoilio of soft ware

a bank account

and a data base some where”

and its assembled multitude of hu caps
and production facilities ???

all hired in pro temp
from the great out side beyond the tower suite doors

“better to buy then build
better to lease then buy “

take it to the limit baby !!!!

all task or project specific hires and rentals

not …employees or owned brick shit houses

and hulky dedicated machines

hmmmm ???

perfect and complete liberty
within the system of exploitation ???

the free to range free to task choose

a huge free class of hu cap independents

ronin skill heads
becoming the over powering norm ???

but what if hu caps like ball players
need to be contracted to play for you

exclusively ???

at least for a corporation to maintain its rents

ought it not need to  maintain its integrity

of people and facilities ..at least to a major extent ???

as talent horder and know how keep away player
you gotta bar the comp from access to your hu cap teams eh ???

just like to your state of the art
production facilities

ned to write
more on this for sure for sure

then again
off shoring on the other hand

knows no bounds

har har har

moving activity around like on jack's barges
to play arbitage with the book keeping

you gotta keep the “transactions”

purely notional

so the game of find the surplus

can be cross border hide and seek

Posted by js paine at 04:35 PM

i'm a vandal not a thief
what are u ???

Posted by js paine at 04:01 PM

free to fail

not quite the endorsing type euphemism

of uncle milty's

free to choose

yup

leaving amerika's big corporations
——especially well connected

one's in the hi fi credit sector ——

“free to fail”

or face …moral hazard…

that's a hose shootin' shit

and the moral hazard in an uncle bail out ???
—-for the too crucially network threatening to fail—-

well its not about
how heads i win tails the taxpayers lose

rewards  excessive risk taking

its about
premeditated tower pirate looting

by and thru

any and all means fraudulent

raking it up inside 
based on boldly juggled books

helium-ized earnings reports

and

various hidden dirty debt tricks

———

a world dominated

by large scale corporate systems

as voracious as white sharks

white sharks taking after white whales

the top management of any one
hunting or claiming to hunt

nothing but big fat white whales..

not moby dicks

moby ambergris

moby oil moby moby

nothing but big fast furious thrashing

opportunity

harpoon it

or drown trying

but their own mission is a sham
their ahab a monstrous scoundrel ….

an  ahab of confidence
an ahab glimmering

in a silk suit

a board room midas of fools gold
the bold visionary of self created mirage

then why an ahab ??

like any top carlisle school
ego aniac

he's ready

to bring his whole crew down with him …

and that's at a minimum
his chancing

gets worse in boom times of course

then there are no starbucks at his elbow

starbucks are hung at dusk from he yrad arm

keel hauled as obstructing morons

a big and wild enough ahad
becomes

“the only kind a guy who can get us 

all the way to the top of the charts”

and needless to say
this meme plague

raging pandemic

spreads among the captains

and brings about its opposite

and down go the ships

nearly mising a whole whaling fleet sunk in ….

shall we remix the metaphors

behold
the rolling waves of the mighty modern market place

at its savage best eh ????

ready and willing to devour huge chunks of its substance
trying to purge the poison of its ersatz 

….thank Clio's cunning reason

its only every so often and mostly

just enough more then enough

to both maintain

the system's cutting edge

while branding the class agency of it all

with a new display of its supernal unreason

ahhh the beauty of it all
the brutal over cull

of the exploited ever so helplessly jobbled

ass hole innocents

ahh dem loyal crews do drown for dis daring captaincy…. eh ??

————————

hopeful hidden center ???

the dream of only an upside
by these brash plundering lunatics

is the demonic pre figuration

of a completely integrated

fully socialized financial system

if we look at it all
just right

we oughta see such a system

kicking and biting inside the bowels

of this present system

okay so its
wavering in front of us…

and only in vague

inverted outline



of course it i

clio's riddle's always are

but still
there it is

a vision of salvation of liberation

right there at the hell fire core

of corporate distopia

we oughta see it
every time portfolio ponzi insurance type scams

or enron type magic value factories

with their hard to crack trick vision

of perpetual profit motion …go boom and then go bust

surely we 'll eventually
as a whole earth society

stumble over all the answers

—- sometimes one after another
and other times

many too many at once —

but eventually

all… all…all

all the institutional
demolitions and rebuildings 

sufficient to a grace filled sublation

and a final curtain

for this non stop fool krieg

we call corporate propelled social progress

————-

free for all big body capitalism will devour itself
fly up its own ass hole

become the builder of its own path to succesion

——————-
for now ????

we have only these obscured mogrified Ur models

of a better world beyond the dinosaurs

even as we watch in exasperation
yet another human faced…friend of the tower trolls

tap dance his way into power

to act like…. well not our agents

more like ….

the perry mason

for a bunch of chastened blood drenched vampires

yup
he'll string up regs like xmas ligts

and dig more bigger better higher

faster closing financial dykes …around our national ever green 

and to what ends ???

the record of 150 years of uncle's interventions
shows what ???

at best…

at best a delay
a respite

a slowing of the speed

a reduction of the frequency

of fatal private collisions …

errr
for a time it'll seem

like a better time

to be a job smurf

but ultimately
the public spirited friends

of enlightened

limited liability aquisition

will once again

only succeed in raising the table stakes

for their successors

by reform
by building the next “unsinkable failsafe system”

they'll produce the new set of false odds

for a future “flood of the century”…

that look like longer

and will prove only even more likely then the last

what cruel inevitable —but prolly uavoidable ——
folly…

we hu caps will learn no other way
then to havce our noses rubbed

over and over again

in the mud the blood and the beer of it all

————

ps

the tower trolls themselves of course

after the usual thundering rebukes and sulkings

will come to see

the new regs and higher dykes

as envigorating challenges to..”over come”

to leverage off

to out maneuver

ultimately to completely escape

thru devil inspired
faustian innovations

they'll rebuild the good old game

once more …outside

the socially engineered “safe zones “

(doesn't the post new deal era
demonstrate this in spades ???)

private limited liability corporations
remain at the heart of it all

and

once back to their highest pitch of performance..

they're organizations all become … pequods

on our “own bottom “

running vessels

with wild peg legged loons 

at the helm

in short once the kool aide's past around
…employee suicide packs

yup
despite the chasten look on ahab's face

his hunt for white whales continues

and more to the point

the new
safer more socially responsible

way of business

soon to play

at the corporation

nearest and dearest to u

is at best

an unintentional fraud

the cute
neat new

cartoon

bumper car structure

of all “prefered ” corporate interaction

will remain in its darkest deepest reaches

still ready and able

to morph back into doctor hyde

ready to orchestrate for his own delight

a generalized demo derby ..

again and again and again

———-

ya ya
to add ..

but paine …we're not there yet

so what's this cassandra bit worth

when we all ain't ready or able

to pull off

the final subsumption …

the doomsday

of all this capitalism crap

hey
that's ..too obvious even to me

so i agree
its pure simple minded

idling to dwell on it ….

let alone merit it

with much more then this whimsical

mention

and then a quick gesture

toward some out there that's out there

looming like a spirit of christmas future

Posted by js paine at 02:37 PM