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User: Richard0Thomas

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  1. Google Wave Domain No Longer a Destination on Buying a Domain From a Cybersquatter · · Score: 1

    Google wave or the evolution of "the system" may mean that Web Sites may no longer be static destinations that people go to but rather data sources. I still think domains will me very important as data source labels. http://goowave.com/google_wave_domain.htm

  2. Cost to fix problem = $206k per person-on-planet on The Coder Behind the Mortgage Meltdown · · Score: 4, Interesting

    Apparently a lot of people do not know what they are talking about. The people most invested in the system cannot see the flaws and do not want to. The financial jargon is used to obfuscate. Some genius that actually understands it all at the byte and master accounts level, made it very simple for everyone to understand.
    Derivatives = Bets
    Credit Default Swaps = insurance on bets
    Hedge Funds = borrowing of money to gamble with (unregulated and secret also used to manipulate markets)
    Taxpayer Bailout = Taxpayers covering the gambling losses for gamblers? (it won't happen without a revolution taking place to correct it)
    Reality = Insurance (e.g. AIG) cannot cover failed bets which amount to: USD 206k per person-on-planet.
    The number it is based on has grown from USD 1.144 Quadrillion to USD 1.405 Quadrillion, ie, +22% worldwide. The GDP of the entire world is USD 50 trillion. The derivatives "bets" total USD 1,144 trillion which is 22 times the GDP of the whole world. The money 1,144 trillion doesn't really exist in system but only in the terms of a contract, artificial value not validated by economic system participants. It would be inappropriate for the citizens to go into debt as they already have, to cover these contracts. The people that created this catastrophe do not feel the pain of their decisions, but the common folk do. You can read all the rest of this and a bunch more insight into a system that would actually work on http://coinage.me/ Perhaps most ironic was an attempt to build a computer game based on the current economic model, eventually the game / economy always crashed.

  3. Tesla Einstein Notes Found in Chelsea Hotel on Tesla's New York Laboratory Up For Sale · · Score: 1, Informative

    It would be unfortunate if some material was still hidden there. Even more so because there was a hint of papers found, which may be an exchange between Einstein and Tesla. There was something about it here http://godparticle.net/