Pyramid Comment

This journal takes an alternative view on current affairs and other subjects. The approach is likely to be contentious and is arguably speculative. The content of any article is also a reminder of the status of those affairs at that date. All comments have been disabled. Any and all unsolicited or unauthorised links are absolutely disavowed.

Thursday, January 19, 2012

Executive Pay

Executive pay is anathema to most people. Clearly, highly paid executives like each other since they are commonly involved in setting each other's pay (the game). Just about everyone else despises them. They won't and probably don't care since their lock-in to (their own) money is complete. As long as they get their reward, let the company fail. When it (the company) has gone there is always another 'hunt for the head' happening. It is peculiar that such a head hunt would search out the failures to 'head up' another (successful) business to ensure its demise.

The question must be "why are huge bonuses given to reward failure?" Executive pay should (in a logical world - DA) reflect performance. When a business goes 'belly-up' any 'normal' employee identified as being responsible would probably get the sack. CEOs don't get sacked, they get rewarded with an enormous bonus. This could be a definition for the word illogical.

Money in the conventional sense doesn't exist. It's Virtual Money. Business 'leaders' know this and it's a well kept (the worst kept - DA) 'secret'. If the truth actually got out (many wouldn't believe it anyway - DA) there would certainly be problems on a scale that would destroy the prospects of growth . The term growth is a very peculiar one as growth of one element ensures the decline of another. Inflation and unemployment are both elephants in the same room.

Inflation and growth are like a couple married to each other and it would be the messiest of divorces to attempt to separate them. The world economies would collapse overnight. 'Making money' or 'growing value' relies totally on confidence. Company shares reflect a company's worth and this can tumble in a heartbeat if confidence is shaken. While investors' funding (investors have the sole aim of increasing their own worth on the back of another's - the company share value) is critical for success, most probably couldn't give a damn what the company does as long as its share value increases. There is a profit from the investment. It's a very simple (cynical) principle (that has no principles - DA).

The 'secret' remains a 'secret'. But the BIG secret is getting smaller.

Monday, January 02, 2012

Student Loans: Why Raise Tuition Fees?

Not why now, but just...


It's an obvious question, but has never been asked.

The short answer involves the imposition of debt. Anything that ensnares the victim, but a debt nevertheless. The predicted outcome will be to 'tinker' further with the education system and make exams more difficult (revert to the beginning). This will keep the trap full for now with the (nearly the last) crop of victims. As the university system collapses due the reduced numbers deciding to enter university, the potential influx will be moderated by making exams 'harder'. More difficult, more exacting and realistic. More... 'testing'. Examinations aren't just for passing, but to improve learning and knowledge. By their nature they will be... difficult. That's the whole idea. The elitist society will flourish.

Unless, of course, the aim is to just sweep up lots and lots of victims. (That's been done already by making exams easy to pass: AAA*** super-average grade.) It's a dreadful betrayal. It's nasty, but then this is 'caring' government. Never interested in the people who elected them, just to control and castrate the population. A 'global deficit' is a splendid weapon. Totally anonymous and the government cannot be directly blamed.

The 'global deficit': an invention.

Create the problem,
provide the solution

Long answer