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Demographic Shift - A Receipe for Disaster?
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john p



Joined: 10 Mar 2006
Posts: 1820

PostPosted: Thu Dec 13, 2007 7:25 pm GMT    Post subject: Reply with quote

And I think when people target Harvard, they are targeting what they think it represents and use it as a common reference variable.

I think Harvard and Massachusetts are very similiar in strengths and weaknesses.

We're open and expanding outward, socially tolerant and accepting, but fall down on the basics. We have great hospitals, but although our financial folks, builders and politicians bungle everything, they hold power and squander the potential of the region.
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Boston ITer
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PostPosted: Thu Dec 13, 2007 7:49 pm GMT    Post subject: Reply with quote

John, I don't have a problem with Harvard, Yale, Columbia, or Penn-Wharton.

And I know scientists and engineers from all the aforementioned places as well as Purdue and Illinois. The key here that for many of them, their formal education had little to with their work.

Let me illustrate... a bright kid at Purdue, gets A's and A-'s, does an undergrad thesis plus journal entry for a controls projects, he gets a scholarship to Harvard PhD in applied physics to continue the work. Then, he discovers that many people older than him are in postdoc after postdoc, always searching for that illusive *non-temporary* academic post. His friends, one by one, from [ Harvard, MIT, Cornell, UChicago, Illinois, etc ] are quitting for dead end jobs at Sun or Oracle Corp. Many are then burned out, from many hours of maintaining either buggy code or pain-in-the-neck clients and so he gets an idea... he contacts a peer at the Harvard Business School and XYZ capital is hosting a party there. There's a senior quant there and the kid talks to him about his controls project, the quant's impressed and offers the kids a second interview in NYC. Soon afterwards, the kid leaves Harvard with a masters degree and starts working on the Street. He notices that none of his analytical models in school are used and instead, outdated and dysfunctional fluid dynamic theories are used to quantify derivative risk and he quickly realizes that no one cares about what he knows but the fact that he can discover errors in the software and patch them quickly. Then one day, the fund goes belly up, he's out of work while the seniors (partners) at his company meet up with some old Goldman pals and they setup a new "platform" with a brand new bunch of quants.
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john p



Joined: 10 Mar 2006
Posts: 1820

PostPosted: Thu Dec 13, 2007 8:32 pm GMT    Post subject: Reply with quote

Quote:
Bruce Hunter (NSA Agent): ... the way I see it, the question isn't, why should you work for the NSA, the question is why shouldn't you ...
Matt Damon (Will Hunting): ... why shouldn't I work for the NSA, that's a tough one, I'll give it a shot, say I'm working at the NSA and somebody puts a code on my desk that no one else can break, maybe I take a shot at it, maybe I break it, and I'm real happy with myself because I did my job well, but maybe that code was the location to some rebel army in North Africa or the Middle East and once they have that location they bomb the village where the rebels are hiding, 1500 people that I never met, never had no problem get killed ... now the politicians are saying, oh send in the marines to secure the area because they don't give a **** ... won't be their kid over there getting shot, just like it wasn't them when their number got called 'cause they were off doing their tour in the National Guard, maybe some kid from Southy over there taking shrapnel in the ass, he comes back to find that the plant he used to work at got exported to the country where he just got back from and the guy who put the shrapnel in his ass got his old job 'cause he'll work for 15 cents a day and no bathroom breaks, meanwhile he realizes the only reason he was over there in the first place was so we could install a government that would sell us oil at a good price, and ofcourse the oil companies use the little skirmish over there to scare up domestic oil prices, a cute little ancillary benefit for them, but it ain't helping my buddy at two fifty a gallon, they're taking their sweet time bringing the oil back, maybe they took the liberty of hiring an alcoholic skipper who likes drinking martinis and playing slalom with the icebergs, it ain't too long before he hits one, spills the oil and kills all the sea life in the North Atlantic ... so now my buddies out of work, he can't afford to drive, so he's walking to the ****ing job interviews, which sucks because the shrapnel in his ass is giving him chronic hemroids and meanwhile he's starvin because every time he tries to get a bite to eat the only blue plate special they're serving is North Atlantic scrod with Quaker State ... so what did I think ... I'm holding out for something better ... I figure **** it, while I'm at it, why not just shoot my buddy, take his job, give it to a sworn enemy, hike up gas prices, bomb a village, club a baby seal, hit the hash pipe and join the national guard, I could be elected president ...


You know I'm just a dumb architect and even I saw the correlation of fluid dynamics and the market (check out some old posts). Where I saw the set theories falling down was that the properties of the materials never deformed or changed state, it was like it was a uniform fluid that never changed in viscosity, density, temperature, etc. In the real estate market, I saw as you went up in price strata you were dealing with different types of people with different sets of issues and realities and to just project the truth's and fundamentals of different strata towards eachother was not sensitive enough. That's why I really appreciate some of the realtors that post because they are dialed in to real people and hear what they're talking about. Sure some of them try to put a positive slant, but unless you've got some hands on knowledge, it's totally removed and less engaged in reality.
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Boston ITer
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PostPosted: Thu Dec 13, 2007 9:08 pm GMT    Post subject: Reply with quote

Quote:
Where I saw the set theories falling down was that the properties of the materials never deformed or changed state, it was like it was a uniform fluid that never changed in viscosity, density, temperature, etc.


Correct and unfortunately, that's why authentic scientists and engineers, who're not a part of that trader's clique (a.k.a. political/connected/MBA-like and invited to drinks at "XYL East Side" saloon), aren't exactly happy about the world of finance.
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john p



Joined: 10 Mar 2006
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PostPosted: Fri Dec 14, 2007 5:44 pm GMT    Post subject: Reply with quote

B. IT'er:

Quote:
and even the so-called great mathematicians/engineers there are propping up Brownian motion theories which most actual money making prop traders can tell you don't work in hedging trading risks esp when the typical programs do the same thing.


Brown learned through observation and got his hands dirty and traveled to where the information was. His observations aligned with quantitative theory, but they were based on observation and nature.

All this stuff with the math can make sense to some degree but I think two legs of the stool are missing. We can theoretically chart out the course of the projectile, but unless there is a guidance system (an understanding of the projectile's target i.e. fundamentals) the projectile can't adjust to the context and resistance. Lastly, without an understanding of the properties of what the projectile is traveling through, they will never understand the potential displacement. In construction they sometimes put a camber on a beam so the beam will deflect to alignment under normal loading conditions, and a sniper will adjust for the wind when they aim at a target. The hardest part is the bumper cars affect, meaning that as people jump in and out of alternatives you can get sideswiped. This is part of the context.

Here is a form of math improperly applied to nature. It is called Eugenics. Take a look at who supported this.

http://en.wikipedia.org/wiki/Eugenics

Now where, o-where, was the founder of this garbage from you asking? Harvard, nooo..

http://personal.uncc.edu/jmarks/eugenics/eugenics.html

I guess my mind is drifting towards this black operations mentality because from what I see, we have agitators, we have people making noise to send the particles and bumper cars in a frenzy wherever they want, we see non elected officials determining the supply of money despite the warnings from our founding fathers etc. We have oil cartels, we have banking cartels, and when you research the folks involved in both, they tend to be the same folks and you see the same company names. Why was Allen Dulles, a CIA guy in meetings with Hitler, on the Warren Commission, tied to Federal Reserve etc. etc.

Scroll down to years 1933, 1940, 1945, 1953 and then 1961.

http://www.country-liberal-party.com/pages/Bush-Nazi-links.htm

I hope this is a crackpot website and none of this is true, but if some of it isn’t, we've got crackpots controlling things and we're dealing with the fruits of these crackpots right now (second, third, generation crackpots).

Now look at Glen Marshall, James Cason with the casino stuff and look at all the shady practice that's going on with the casinos and wait till you see what names come up when you research these folks; the surprises inside are great.

You know, there is nothing wrong with being wealthy, it is when you start to screw the hard working folks that are honest, wait in line and play by the rules that you end up blowing your cover and your network.

The flipside to Eugenics is that if you screw regular folks and make life harder, they will adapt and get smart and they will become strong enough to kick the lazy aristocrats ass.
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PostPosted: Sat Dec 15, 2007 4:11 am GMT    Post subject: Reply with quote

John, BTW, that scenario about the Harvard graduate science student going into finance, is a true story.

Between the dust bowl and the rust belt, I haven't seen the general American public up in arms about elitism for centuries. Instead, it's always been sectarian nonsense about liberalism/conservatism, school vouchers, making social security into a Vanguard fund, flag burning, etc.

All and all, the public seems to roll with the punches and just accepts the Superman credo that truth, justice, and the American way prevail in some mysterious ways.
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john p



Joined: 10 Mar 2006
Posts: 1820

PostPosted: Sun Dec 16, 2007 12:02 am GMT    Post subject: Reply with quote

Bos. IT said:

Quote:
I haven't seen the general American public up in arms about elitism for centuries. Instead, it's always been sectarian nonsense about liberalism/conservatism, school vouchers, making social security into a Vanguard fund, flag burning, etc


In the American, the elite can control the capitalistic part of our sociey, but they need to put on a little manipulation to get a majority in the democratic process. How does the elite get more than 50 percent of the vote?

In Massachusetts, historically, the republicans were for the rich and the democrats were for the working class and growing immigrant population. Even when the blue collar state started to change its complexion to white collar in many areas, many didn't "forget where they came from".

Republicans didn't want to make the Massachusetts mistake in other states, because its really hard to fundamentally change a deeply rooted loyalty. They learned that if they couldn't reach regular folk they didn't have a shot in a democracy.

It wasn't until Ronald Reagan showed up at the Eerie Pub that republicans had a foothold in Massachusetts. It's funny, they characterized him as John Wayne the "Quiet Man" for Massachusetts, and the "Marlboro Man" for the rest of the country. When Reagan reached out to the NASCAR folks, it opened up a whole new emerging segment of the population. Regardless, he was a regular guy and not an aristocrat.

What happened next is really amazing, in order to start to win in the democratic process they had to not only veil the aristocracy but put things in wrapping paper that the the regular folk would eat. It got insidious when they put things in a religious and patriotic wrapping paper in order to reach those of faith and loyalty. Academics were too difficult reach because they asked too many questions. The elites won over the top academics by increasing the tuitions so only those with designs at making lots of money would be able to or be interested in attending. They essentially created a filter. You would have never seen Harvard JFK School of Government graduates promoting casinos. It would only be want-a-be rich tokens who would sell out their own people. I guess that is how they filter out their tokens, they see how willing they are to sell out their own people and lie and how greedy they are. What gets me mad now is that not only is nobody left to fight the good fight, but the elites have hedged their bets and have control of both parties. Deval Patrick might as well be Casino Jack Abramoff. Massachusetts isn't a poor state, we were a poor state. Casinos wouldn't want to be here if we were poor. They want to get our money.

The last part, which relates to your quote, is that the elites have created the agenda of political discourse. Think about it, if you really, really didn't want to address a subject, just not include it on the agenda and create diversions. The press is so incredibly dumb to constantly follow the bouncing ball that the elites conduct. They create a portfolio of issues that reel in the dumb. They roll out flag burning every election year, they talk more about gay marriage than fixing social security.

The best part is how they got through the Jesus Christ loophole. Christ said that it was harder for rich man to get into Heaven as it would for a camel to go through the eye of the needle". Those are simple words, hard to twist, but the elites did. In fact, they trade on the religious brand. Jack Abramoff's friend is Ralph Reed, the Christian Coalition guy.

http://www.thenation.com/doc/20060220/blumenthal

Before that, the abuse of religion was well documented; first they had the burning crosses of the KKK. That's christian right?

http://en.wikipedia.org/wiki/Ku_Klux_Klan

So also going on are these Eugenics wack-jobs

http://en.wikipedia.org/wiki/Eugenics

Hitler wrote a letter to one of the founders of Eugenics and told him that Eugenics was his bible.

http://wwwthesixthestate.blogspot.com/2007/11/bush-family-skull-and-bones-and-nazi.html

http://www.facinghistory.org/campus/rm.nsf/timeline_american_html.htm?OpenPage

This one below is crazy stuff and I hope most isn't true, but there is tons out there like this:

http://www.hartford-hwp.com/archives/27a/247.html

Anyway, these eugenics freaks after Hitler put down, found support with some tobacco money in North Carolina. Maybe they found kindred spirits in the KKK?

I can't believe most of this stuff, but there are pictures and film of thousands and thousands of KKK marching in Washington

http://en.citizendium.org/wiki/Image:KKK1924.jpg

When I see very powerful people today, having lineage to some of these evil parts of our history, it makes me wonder why people don't do more research. I think you'll find that now, with the internet, we will start connecting the dots.

I mean think about it, when you google certain people's names you get all kinds of disgusting corruption stories and you find out that many of these folks have a common history and lineage. First of all, I don't want this filth in Massachusetts and I kind of want people to come to their senses and look beyond the agenda that the elite put into our focus and focus on building a base of legitimate leaders that can move us forward. Think about all the filth that has had control of things and what opportunities they squandered.

I wouldn't recommend that regular folks look up to these elites, they need to trust their own abilities and be a bit more careful about who they listen to.
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