Immigration is genocide and thus a deportable crime

The following is just a debating point.  It is draft and preliminary and not asserted as a conclusion.

http://oldatlanticlighthouse.wordpress.com/2007/06/30/population-genetics-island-model-one-way-migration/

http://www.pubmedcentral.nih.gov/picrender.fcgi?artid=1213928&blobtype=pdf

We investigated various cases of the island model with stochastic migration. If the population is infinite, the immigrants have a fixed gene frequency and the alleles are neutral, the gene frequency on the island converges to that of the immigrants.

Since genocide is illegal, immigration is a crime, because it causes genocide.  The only way to stop it is to deport the immigrants.  Thus it is required by law to deport immigrants.
This is a hypothesis.  Restate statements as questions.  This is stated sharply to contrast with PC for hypothesis testing. All other disclaimers apply.

Hibernia Girl added to blogroll

Hibernia Girl is one of the great blogs defending Western civilization. She is part of the defense of the West by its women that we have seen with Vanishing American, Oriana Fallaci, Diana West and Bridgette Bardot.

Bear Stearns Prosecutors don’t know delta hedged from vega hedged

(This discussion keys off some press reports that a comment in an email about not hedging volatility was a key part of the case, while statements at other times said the portfolio was hedged. The following was written a little strongly to find fault with such a prosecution. However, its useful in shedding some insights on the case. The indictment itself, read later, and linked to further on, suggests a more complicated case than just this comment. Nonetheless, the question of technicalities may not disappear even if an attempt is made to sidestep them in preparing a prosecution case. The type of portfolio and hedge fund under discussion was by its nature going to take Askin Capital Management type risk on. It was dealing with illiquid instruments with leverage. That means a melt down scenario is possible.

The problem with criminal cases in complex transactions of this kind is that different people can see things differently. The basic lesson is that prompt civil regulatory supervision is better than late criminal prosecution. The following may be unfair to the prosecution case or perhaps not. That’s the thing with these types of cases. You can flip flop over these cases just as much as hedge fund managers flip flop over their hedge strategy, position, models, hedge ratios, estimates, methodology, and statements to clients. The legal analysis of the case can flip flop as much as the managers of a hedge fund, or the clients can in their thinking. That’s why the parties involved should try to build a good system up front to communicate. Criminal prosecution is not the best way to achieve that result. Cases like this are 99 percent education and 1 percent the rest.

Just as a hedge fund manager or modeler may feel sick to the stomach that they made a fundamental mistake in understanding, so can a prosecutor, defense lawyer or witness. Cases where you get sick from realizing your understanding has changed are not goods for criminal prosecution. Just because a fund washes out doesn’t mean there was fraud. Leveraged bets on illiquid instruments can wash out is obvious from history such as Askin Capital Management and LTCM. That is a matter of education for all parties concerned more than criminal prosecution. Someone who looked up the history of these melt downs of the past should have realized the same possibility applied to a hedge fund making leveraged bets on CDO’s. The investors could have figured that out from Google and Wikipedia. Bear was involved with both LTCM and Askin Capital Management.

If a fund is difficulty, and the fund tries to raise more money, what it represents about the actions of its principals is important. Are they taking money out while saying they are putting money in to induce others to put money in even when the fund is worthless? Whether that is alleged or true is a question to be considered with care. Whether that is part of the case or not readers can determine on their own from the indictment and reports. Its not asserted here that this was alleged or that there is evidence of it.
)

Everyone in this case couldn’t pass an exam on what hedged means. When someone says hedged without qualification, it means delta hedged, i.e. against market level.

Example. A fund sells call options on SPX and buys SPX so its delta neutral. They say they are hedged. That’s standard speak.

Are they hedged against volatility? No. You can say its hedged and 5 seconds later says its not hedged against volatility. Its not a contradiction, because when you say its hedged w/o saying specifically against what, it means against market level but doesn’t include volatility hedged.

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

Q: Are you hedged.

A: Yes. (only means delta hedged)

Q: Are you vega hedged?

A: No.

Q: Are you delta hedged.

A: Yes.

Hedged can mean hedged against some variable or parameter indicated by context or by prior discussion or understanding. If someone says hedged to customers, he is not speaking about being vega hedged. How many customers know what vega is?

Can these prosecutors pass a test on the Greeks in Black Scholes? They have no idea what the words mean or how they are used in context. They should be given an instant on the spot written exam on different meaning of hedged and their answers posted on the internet. Then the indictment should be dropped.

http://schulzkelaw.com/lessons-from-bear-stearns-indictments-dont-trust-anybody-or-anything/#comment-66

Why don’t they investigate Russia’s Plagiarism Files?

http://oldatlanticlighthouse.wordpress.com/russias-plagiarism-files/

When Russia uses information about people’s past and gets benefits, then that’s worth investigating at least to just expose it even without prosecution.

The hedge fund managers are not professors who teach option pricing or write text books.They are not writing exam answers in these e-mails. They likely can’t define basic terms in calculus like limit, derivative, integral, etc. Neither can the prosecutors, judge, jury or witnesses. Nor can supervisors at DOJ.

The hedge fund managers use terms loosely because they aren’t text book writers or professors who write exam questions on what hedged means. So their ideas of what it means are wrong in the first place. They have minds full of mush. They can’t pass a test on rigorous calculus definitions or option math or anything. Neither can the prosecutors, judge, jurors, witnesses, etc.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aFCLTwIuFqM4&refer=home

Ralph Cioffi, 52, and Matthew Tannin, 46, were charged June 19 with misleading investors by saying two funds were thriving while knowing subprime-mortgage investments threatened their collapse. Investors in the funds lost $1.6 billion.

Cioffi said in another e-mail that a fund’s loss in February was the result of a failure to properly hedge market volatility, prosecutors said. The following month, he told investors “we were effectively able to hedge.”

In one case, they might have meant hedged against market levels, delta hedged, and in another they are talking about hedged with respect to volatility, i.e. vega hedged. No one means vega hedged when they say hedged unless the context clearly indicates it. When speaking to the general public, you would never talk about hedged as meaning hedged against volatility, i.e. vega hedged.

This is like the Thomas C. Butler case and the Buffalo Art professor case. Its worse than the Martha Stewart case.

The prosecutors should be given an exam in basic calculus, option pricing, and mean variance portfolio analysis. Their answers then should e posted on the internet. The same for the judge, jurors and witnesses. None of them could likely pass an exam on what the words mean or what the concepts are.

So if a fund is delta hedged and not vega hedged it can say its hedged without that being out of line. Most people don’t know what vega hedged means and would have a difficult time going into specifics.

A mortgage fund might be approximately delta hedged in a vague sense if it was long and short mortgage back securities or was long some such as IO’s or PO’s that hedged some particular risk. With mortgages there are so many risks to hedge, that any fund taken at random will be partially hedged for some and less so for others. So a fund taken at random might loosely be called hedged in the sense that there was some reduction of some risk by the different positions in the portfolio when netted out. Yet other risks might be accentuated. The term hedged by itself is vague.

No portfolio is hedged totally. Even cash is subject to currency risk and inflation. Hedged lacks the specificity to be the basis of a criminal prosecution. This is a mistaken case. As the case goes on, the prosecutors will have a different understanding then when they started. But then they won’t back down. This is a case where the court does its job by taking as hard a line against the prosecution in everything as possible.

Timeline

http://www.bloomberg.com/apps/news?pid=20601087&sid=agnF2IL2OCyE

Traders and investors flip flop on investments every few seconds. That applies from individuals to professional fund managers because its part of human genetics.

Kahneman Tversky

http://books.google.com/books?hl=en&id=_0H8gwj4a1MC&dq=Kahneman+Tversky&printsec=frontcover&source=web&ots=YBbd4UX20L&sig=oppifDhgLZTq-ZntJfEpW59KP28&sa=X&oi=book_result&resnum=13&ct=result

Anyone who owns investments and looks at the market more than once a month will feel the same emotions as described by the fund managers. It means nothing to say such things in an email or private conversation.

http://badger.som.yale.edu/faculty/ncb25/tversky.pdf

You can see a video of Daniel Kahneman’s Nobel Prize lecture on this.

http://nobelprize.org/nobel_prizes/economics/laureates/2002/kahneman-lecture.html
http://nobelprize.org/nobel_prizes/economics/laureates/2002/press.html

Daniel Kahneman has integrated insights from psychology into economics, thereby laying the foundation for a new field of research. Kahneman’s main findings concern decision-making under uncertainty, where he has demonstrated how human decisions may systematically depart from those predicted by standard economic theory. Together with Amos Tversky (deceased in 1996), he has formulated prospect theory as an alternative, that better accounts for observed behavior. Kahneman has also discovered how human judgment may take heuristic shortcuts that systematically depart from basic principles of probability. His work has inspired a new generation of researchers in economics and finance to enrich economic theory using insights from cognitive psychology into intrinsic human motivation.

He would be a good witness for the defense. LTCM lost money too.

Kahneman is saying the human animal uses heuristics not formal math. These hedge fund managers, like most people in financial services, probably couldn’t pass an exam on nit picky definitions of delta and vega hedging. They even more likely couldn’t pass on precise calculus definitions of limit, derivative and integral. Stochastic calculus would be out of the question.

So on the one hand, we have formal math and its application to option pricing. Mortgage pricing and math depends on numerical maths quite likely beyond the ability of the hedge fund managers to explain. Even if they could get Black Scholes right on an exam, getting mortgage pricing and prepay models right is very unlikely. What is hedged in context of mortgage securities is really a high level math and financial theory and econometrics question that would be a small group to do properly. Why they pay these guys might be a good question, but that’s a separate one.

You have a collision between formal math from ordinary calculus up to stochastic calculus and other parts of math, financial theory, market practice, and heuristics. So what the word hedge means is context and individual dependent. The prosecutors have put their foot into the wrong place. They have jumped to get these guys because they make a lot and lost a lot. So they pick on emails that are taken out of context.

Even in context, the fund managers don’t have the precision knowledge of math, finance, econometrics, market instruments, etc. to define what hedged means for a portfolio of mortgage backed securities. To do that correctly in writing applying all these fields correctly is not something many people could do. Few could do it in a casual e-mail exchange. Hedge fund managers are operating on heuristics of the Kahneman type, not on all the math definitions. So its meaningless to bring this criminal case on the term hedged and what they meant.

Moreover, to the listeners, hedge is variable in meaning, because the understanding of all these subjects is variable. Most listeners couldn’t pass an exam on what hedged means with respect to Black Scholes let alone mortgage backed securities. Neither could the prosecutors. If they presented witnesses on what hedged means for a portfolio of mortgage backed securities they will see that the jurors, judge, themselves, and the defendants can’t follow it. They will all go to sleep. Which is where this indictment should go.

mortgage backed securities pricing models hedged

This search brings up this page which has a list of papers available to read.

http://www.hedgefund-index.com/s_mortgagebs.asp

The prosecutors could read these papers as a start. At the bottom is a disclosure of risks of hedge funds. They should read that closely.

==
http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=1347364&symbol=BSC

BACKGROUND*

Ralph R. Cioffi serves as Co-Chief Executive Officer of Everquest Financial Ltd. Mr. Cioffi serves as a Senior Managing Director of Bear Stearns Asset Management Inc.(�BSAM�). He has been with BSAM since 1985. From 1985 to 1991, Mr. Cioffi worked in institutional fixed-income sales where he specialized in structured finance products. He served as the N.Y. head of fixed-income sales from 1989 to 1991. From 1991 to 1994, Mr. Cioffi served as Global Product and Sales Manager … for high-grade credit products. He was involved in the creation of the structured credit effort at BSAM and was a principal force behind Bear Stearns� position as a leading underwriter and secondary trader of structured finance securities, specifically CDOs and esoteric ABS. Mr. Cioffi founded and has been managing the High Grade Structured Credit Strategies Fund since March 2003. He serves as Director of Everquest Financial Ltd and Bear Stearns & Co. Inc. Mr. Cioffi is a member of BSAM’s board of directors. He is a member of the international business management and administration honor society, Sigma Beta Delta. Mr. Cioffi holds a B.S. degree in Business Administration with distinction from Saint Michael�s College, Vermont.

This shows clearly he has no ability to pass a basic knowledge test on what delta hedging, Vega hedging are for Black Scholes and certainly not for mortgage math hedging. If a mortgage quant were to talk with Cioffi, the quant would not assume Cioffi understood basic calculus terms, Black Scholes, or portfolio theory in any but a superficial sense.

Anyone who learned all the math, finance, mbs structure detail, prepay models, interest rate models, market detail, portfolio theory, and the math definitions in their correct versions would be close to crazy anyhow. The same for anyone who could understand it. That’s why they are called nutty professors. Then add market vol and Kahneman stuff on top of it, and emails could say anything when written by senior managers who have a vague idea of these things but couldn’t precisely explain any of it on paper to suit a math or finance professor.

http://www.math.cam.ac.uk/teaching/pastpapers/

http://www.math.cam.ac.uk/teaching/pastpapers/2007/Part_3/index.html

http://www.math.cam.ac.uk/teaching/pastpapers/2007/Part_3/Paper36.pdf

http://www.math.cam.ac.uk/teaching/pastpapers/2007/Part_3/Paper41.pdf

http://www.math.cam.ac.uk/teaching/pastpapers/2007/Part_3/Paper42.pdf

http://www.math.cam.ac.uk/teaching/pastpapers/2006/Part_3/Paper39.pdf

Real world MBS hedging math is far more complicated than what is on these exams. These exam papers should be exhibits to go into the jury room. The witnesses should explain that MBS hedging is far more complicated than what is on these exams.

Black Scholes homework solutions

mortgage hedging prepayment

Mortgage hedging with a realistic prepay and interest rate model is too complicated for even the Cambridge exams. How can a jury or judge handle this in a criminal case?

If they knew how to explain this to jurors it would be available in stores. If such explanations are not in book stores, they are not going to be produced at trial. That means its a denial of due process of law to try this case. That’s because the ability to explain all this at the level jurors can understand doesn’t exist anywhere. That means you can’t try the case. If you can’t explain it, you can’t try it. If you could explain it at that level, it would be available in book stores already.

Any MBS portfolio will contain some natural hedging of some risks, because there are so many. No MBS portfolio is hedged against all risks. No portfolio is. Becoming more precise than this requires the ability to articulate math, financial theory, market practice, prepay and other models, etc. the way that calculus education does it for undergraduate students. That has only been done for Black Scholes and a few other parts of finance and not for MBS models.

==

http://dealbook.blogs.nytimes.com/2008/06/20/the-team-behind-the-bear-stearns-charges/

In the cases of Ralph Cioffi and Matthew Tannin, two former Bear Stearns hedge fund managers, their chief adversary is Benton J. Campbell, the United States attorney for the Eastern District of New York. And according to The Wall Street Journal, prosecutors from that Brooklyn-based district may become the foes of many more financial executives.

In some ways, the Eastern District is an unlikely source of white-collar crime prosecutions.

(Still, as Slate also points out, Mr. Benton’s work there didn’t exactly lead to successful prosecutions. Not a single Enron broadband executive tried by Mr. Benton’s team has landed in jail.)

http://www.slate.com/id/2193936/?dbk

Meet Bear Stearns’ ProsecutorA relatively obscure U.S. attorney brings the subprime mortgage saga into a new, criminal phase.

By Chadwick Matlin
Posted Thursday, June 19, 2008, at 4:42 PM ET

http://www.nytimes.com/2008/06/20/business/20bear.html?_r=1&hp&oref=slogin

By LANDON THOMAS Jr.
Published: June 20, 2008

In the spring of 2007, as the mortgage market came unglued, two Bear Stearns executives shared their growing fears in a series of e-mail messages to each other about the perilous condition of the giant hedge funds they oversaw.

“This is not about mismanagement of a hedge fund investment strategy,” said Mark J. Mershon, the head of the New York office of the Federal Bureau of Investigation, at a news conference Thursday. “It is about premeditated lies to investors and lenders.”

Sure about that? Sure you wouldn’t do better trying to go after Russia keeping track of plagiarism by professors? When you find the hands of Russia on something, the chance you can prove something is really wrong may turn out to be higher.

http://oldatlanticlighthouse.wordpress.com/russias-plagiarism-files/

http://www.nysun.com/business/us-sees-crime-in-the-credit-crisis/80408/?dbk

Others watching the case say the prosecutors’ case appears weak. “The defendants told investors that the market offered great ‘buying opportunities’; well, at the time it was true, irregardless of whether these hedge funds were very good vehicles to actually make those purchases,” a professor of law at Columbia Law School, Merritt Fox, said. “There is a doctrine called puffing, where those selling securities put things in a good light, which is perfectly legal unless they say something dishonest.”

==

http://www.bloomberg.com/apps/news?pid=20601087&sid=aA9pBzndci6I

http://calculatedrisk.blogspot.com/2008/06/more-on-bear-stearns-indictment.html

http://online.wsj.com/public/resources/documents/bearindictment.pdf

==

The indictment makes it clear that the prosecution strategy is to emphasize the statements made while the funds got into trouble in 2007 and then eventually collapsed and lost their value. This relies on showing that the defendants had knowledge of fund value or specific information at variance with what they said sufficient to be fraud. This can be complicated. Specific statements alleged that the defendants said they were putting in money or had money when they didn’t are easier to prove and are another part of the prosecution’s strategy.

This post is draft and preliminary. This is subject to substantial change or removal. This is hypotheses, speculation or opinion. All statements should be restated as questions. Nothing should be interpreted as asserting anything negative of any person. Comments and corrections welcome. All other disclaimers apply.

Does it matter if Obama is or was a Muslim?

We are told that it doesn’t matter if someone is a Muslim. How is that? Who says it doesn’t matter? Liberals? Leftists? Atheists? When did atheists start saying religious faith doesn’t matter? When did Christians start saying Christian faith doesn’t matter? When did Muslims? Other faiths? So if atheists and people of each faith say their faith matters, who is saying that Obama’s or anyone else’s doesn’t? How can anyone say it doesn’t matter?

STAG slowness to adjust gaps

Stag is the normal human condition. Although as an acronym, STAG should be all caps, I will use lower case for the whole word in this essay.

We fight stag in ourselves and others.

Its easier to see the stag in our brother’s eye than our own.

I know my stag.

Self knowledge is knowing your stags

After a prolonged period in stag, there might be a rapid adjustment.

Rapid adjustment to stag is a form of chaos theory. You can’t predict when the stag state will be lifted on something and the gap closed. Don’t be in the way when the stag stops.

There was a famous story in physics grad school about a professor who stuck his head between two large magnets and then pulled it out. He had been told it was safe. The moment after he pulled his head out, the two magnets pulled slammed together. You don’t want to be the person with their head in the gap between two powerful magnets at the moment the stag stops.

Stag is everywhere.

Human population is too high and needs to stop increasing.

We need to make extra copies of good genes so they spread throughout the population.

We need to let fewer copies of bad genes survive each generation.

We are doing the opposite.

Liberal aid is typically counter-productive.

Affirmative Action and integration were based on the false premise of genetic equality.

Blacks don’t have the same genes for intelligence, self-control, etc. in the same frequency as whites.

Immigration causes a drop in fertility below replacement and eventual extinction just as the Wright Island Model Theorem says.

Muslim immigration should stop.

Islam is a wicked faith.

We should say it, because we want it to stop.

Immigration causes a loss of bargaining power in workers. This leads to lower wages, benefits, working conditions, and share in the growth in output per hour. CEO pay excess is a direct function of this.

Obama was a Muslim as a young child.

McCain is full of Bush stags.

Stig, stag, and stug. Slowness to inflow gaps. Slowness to adjust gaps. Slowness to unstop gaps.

What is the best approach to stag?

Ignore it, it will just go away.

Shout about it.

Shut up about it.

Buy shares that will profit when the stag is closed.

Sell them before the stag is closed out of impatience.

Believe you must be wrong.

Tend to one’s own stags, because the stags of others are beyond our control.

Keep fighting to close a stag, whether in ourselves or others. Ignore that it doesn’t close.

Just move on.

Stags and stag management are a basic part of human decision making and cognitive psychology. When in groups, stags become subject to group dynamics. Stags apply to financial markets. They apply within organizations. They apply in professional groups. They apply in cliques. Cliques that may control groups or organizations. There is no one right or wrong way to respond to stags.

==

Stag at DOJ is to be avoided at all times. When they do nothing, you gain nothing to point it out. When they wake up, they go to excess mode.

http://www.rawstory.com/news/mochila/Hundreds_swept_up_in_mortgage_fraud_06192008.html

I saw something on a counter-intel website for government employees. It said to report suspicious behavior in coworkers. It said many people think they will do nothing or do excess. Thus the response is .99 stag and .01 excess. Both are bad.

The mortgage cases are making a federal case of it. This is like the hysteria over child day care centers and the improper prosecutions.

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

McCarthyism was the misfiring against a real problem. This is what we may be seeing in the response to mortgage problems. Education is already happening. Civil enforcement on a timely basis is better than criminal enforcement later. Prosecutors who don’t understand the market would do better to bring civil cases and wait until they learn before they leap to criminal charges.

Dade County Day Care Center

Miami-Dade County, Florida state’s attorney Janet Reno crafted a “children’s rights” approach to the prosecution of several suspected child abusers during her reelection campaign in 1984. Hundreds of prosecutors nationwide patterned themselves after her systematic style, including some of the other examples listed here.

Starting in 1984, Reno used Joseph and Laurie Braga, two self-styled experts at interviewing children, to gain most of the “confessions” from the children. The Bragas coerced numerous children into confessions that were thrown out on appeal in both state and federal courts years later. One federal judge described the confessions as “fundamentally unfair.” Some of the kids later admitted that they confessed only because they were told other children claimed abuse, and that they were tired of being told “I don’t believe you,” and “because I was getting tired … [that] I told a lie.” [1]

Reno would go onto apply her pattern of learning to protect the children in Waco.

http://www.apfn.org/apfn/waco_case.htm

Bill Johnston Waco

DOJ has mismanaged Islam from the beginning.

Andrew C. McCarthy

http://www.commentarymagazine.com/viewarticle.cfm/special-preview—br—when-jihad-came-to-america-11244

A dozen years later, after radical Islamists had finally destroyed the World Trade Center and murdered 3,000 Americans, an embarrassed FBI would blame others for the failure to deal with jihadism in America when it was still relatively young.

http://frontpagemag.com/Articles/Printable.aspx?GUID=3C96A474-4C31-448D-B601-5582D766A4F5

Stag arises from

Tradeoffs in costs.

Difficulty to learn.

Difficult to understand.

Inability to apply what we know as individuals when the group ignores it.

Avoiding following our own ideas when wrong.

The benefits of conformity.

UK Martha Stewart a terrorist risk unlike Muslims spoof

http://www.telegraph.co.uk/news/newstopics/celebritynews/2159979/Martha-Stewart-refused-entry-to-the-UK.html

(Spoof) The UK government said that Martha Stewart was a terrorist risk and could not come to the UK.

Gordon Brown: We do not want this woman. She has caused inconvenience to the legal authorities. We want more Muslims not Martha Stewart.

Reporter: How can any Muslim be less of a terrorist risk than Martha Stewart?

Brown: She is white. That makes her a witch.

Nick the BNP-er: Look at all the people killed by Muslims. From knife fights to 9/11. How could any sane person want Muslims and not Stewart?

Brown: Who let this jack booted arm band wearing fascist in here?

Nick: I don’t wear jack boots or an arm band.

Brown: You should you viper.

Nick: I never did anyone in. You fawn over Muslims and won’t take a woman who never hurt no one.

Brown: Listening to you is pain. We shall overcome.

Nick: Overcome us with Muslims is right on what you will do.

Brown: Stewart shall not set foot in Britain.

Nick: But Pakistanis working with al Qaeda can come and go as they please.

Brown: Saying Pakis is racist.

Nick: I didn’t say Paki.

Brown: Yes you did.

Nick: No I didn’t, and you can listen to the tape and see.

Brown: Hear you clodhopper blockhead. You hear a person say Paki, which is what you said.

Nick: No I didn’t. And whose the blockhead? You’re the one saying I said Paki when I didn’t.

Brown: You are going to be arrested for hate speech for saying Paki.

Nick: Which I never did. Stop the Muslims coming not Martha Stewart is what I say.

Brown: But not what I say. What I say goes.

Nick: Until the British people wake up. Which maybe this will, barring Martha Stewart and bringing more Muslims.

EU Ireland don’t misuse gas chamber design vote

EU: you can’t use the vote on gas chamber design to stop your being gassed. You should vote in the vote on whether to be gassed for that. Its inappropriate to use the vote on gas chamber design as a subterfuge to stop being gassed altogether.

People: When do we get to vote on whether we are gassed?

EU: That vote hasn’t been scheduled.

==

Immigration is the modern Eurocrat’s gas chamber.

Stagimmigration Stagwages and Ireland voting no on EU

Stagimmigration: immigration when there is unemployment or recession or people lose their houses or kids can’t get starter jobs or young adults don’t feel job security to get married or young marrieds don’t have job security to have kids.

Stagwages: Wages that don’t rise one for one with output per hour.

Stagimmigration causes stagwages. That is why the big bosses pay the big pols for it.

Comment left at Hibernia Girl

http://hiberniagirl.blogspot.com/2008/06/immigration-was-unspoken-factor-in.html

Immigration tied to Ireland’s no vote on EU treaty/ constitution changes.

Hibernia Girl said that and the major papers in Ireland now admit it was true all along.

“Average” black male commits 4 to 8 violent acts in lifetime

“Based on current rates of first incarceration, an estimated 32% of black males will enter State or Federal prison during their lifetime, compared to 17% of Hispanic males and 5.9% of white males.”

http://www.ojp.usdoj.gov/bjs/crimoff.htm

http://www.ojp.usdoj.gov/bjs/glance/cv2.htm

Violent crime is 2 to 4 million incidents per year. About half is by blacks. Over 72 years that means 72 million to 144 million by blacks. There are about 18 million black males. (1/2 o f 12 percent of 300 million)

72 million over 18 million is 4 violent acts in the lifetime of an “average” black male. At the higher range its 8 violent acts per lifetime of each black male.

Some additional detail on this comment.

http://www.ojp.usdoj.gov/bjs/homicide/race.htm

“In 2005, offending rates for blacks were more than 7 times higher than the rates for whites”

Blacks are about 12.5 percent of the population. If you multiply 12.5 by 7 you get 87.5 percent.

So the 1/8 of the population does the same amount of crime as the 7/8. Thus blacks commit about half the 2 to 4 million violent crimes each year.

Comment posted at

http://www.takimag.com/blogs/article/down_the_memory_hole/

Down the Memory Hole
Posted by Paul Gottfried on June 16, 2008

In a recent blog Helen Rittelmeyer cites a new publishing celebrity for the New York Post and a Doubleday expert on the American Right, Ross Douthat, whose gripe is that American conservatives had actively supported segregation. Douthat is certainly not the only authorized intellectual who has been saying this. One of Helen’s respondents, who has taken the pen name Tobias, likewise complains that American conservatives had behaved immorally about segregation. Contributors to this website are urged to stop hiding the obvious in this case.

Segregation was ended around 1964 as automobiles spread. The country was dependent on street cars and trains and buses in prior years. Because of absence of cars, the white and black populations were actually physically integrated. They shared the same mass transit system, because only one existed.

Segregation is thus a misnomer. The populations were more integrated than now, because each used the same mass transit system. The absence of cars prevented suburban sprawl. So in fact, they lived together in the same cities. They were connected by a mass transit system that they both used together.

The crime stats above show that under these conditions, rather remarkable control is needed to limit the violence of black males. Their current rate of violence at 4 to 8 violent acts per lifetime isn’t an equilibrium. No society forced to share the same public transit system as such a population can not react to try to control that level of violence.

Think of the profiling of Muslims and Arabs at airports. The black male level of 1 to 2 million violent acts per year is simply not tolerable by other groups when they live together with blacks in an era with few automobiles.

Suburban sprawl started after WWII and even before in some cases. This made possible “desegregation” in law because there was desegregation in fact by automobile and sprawl.

Now that this is ending, we are in the situation of the extreme violence levels of black males, on average 4 to 8 violent acts per black male per their lifetime. A society can’t exist in equilibrium with that level of violence. It has to act to control it. That’s a prediction of act. A society presented with that violence will adjust to control that violence. It will not simply exist indefinitely tolerating it.

==

At what point does 4 to 8 violent acts per life indicate hate? Doesn’t this prove black males hate? Doesn’t it prove they are more angry? Doesn’t it prove they are closer to a state of anger? Doesn’t it prove their biochemistry is to be in a state of anger arousal? They get high on anger? They get high on hate? Doesn’t this prove that? Don’t the words of Jeremiah Wright show that?

==

This proves that segregation from blacks is a civil right for whites. They have a civil right to be segregated in schools, prisons, churches, hospitals, restaurants, clubs, etc. The more institutional the setting, the greater the civil right of whites to be segregated. Thus it is most in prisons. Then schools and the military.

http://blog.vdare.com/archives/2008/06/16/unintended-consequences-of-busing/

16 June 2008
Unintended Consequences Of Busing
[James Fulford] @ 11:14 pm [Email author] [Email This Article] Print This Post Print This Post

Fulford:

Weeks was born in 1956, and went to South Boston High–here’s an excerpt from his autobiography:

Fulford quoting his source Ilkka Kokkarinen at The Fourth Checkraise

http://fourthcheckraise.blogspot.com/2008/06/hooligans-in-paddy-wagons.html

quoting Kevin Weeks

The saddest part is that there is a generation of Boston kids walking around today who basically have no high school education, who were condemned to not even mediocre jobs because of one man’s decision. These kids couldn’t get a decent education because Arthur Garrity took that opportunity away from them. A grand experiment, at the expense of the children of Boston, ultimately failed. But not before blood was shed at South Boston High. We now had black students in the school who were often twenty-one or twenty- two, older than the typical eighteen-year-old South Boston senior. You could feel the hatred in the corridors. Just a year earlier, there had been a great atmosphere in those same classrooms, where learning was taking place.

Students looked forward to going to school, to their classes, to sports, and to just being around one another. But It one year later, it was like Beirut. You were just waiting for the next fight to erupt. Kids from South Boston weren’t running scared, though. South Boston High was their home, and no one was going to come in and take their home from them.

==

The above is hypotheses, speculation or opinion. Statements are made more sharply to contrast with PC for hypothesis testing. This is draft and preliminary and subject to revision. Comments and corrections are welcome. All other disclaimers apply.

People discover they have jobs they don’t want to do

There are no layoffs. Some are saying Americans are losing their houses because they lose their jobs. Actually, they discover they have a job they don’t want to do. They discover they have a house they don’t want to live in. Or a car they don’t want to drive. Or a credit card bill they don’t want to pay off. The mortgage crisis was a lot of people discovering they had mortgages they didn’t want to payoff.

Some Americans discover more. They have a marriage they don’t want to continue. A child they don’t want to support. A country they don’t want to live in. A country they don’t care if it survives. From the sacrifice of Normandy and the Pilgrim’s Pride to give America away day, week, month, year, and century. Brought to you by McCain, Clinton, Obama, Bush, etc.

==

They think this is what caused the Great Depression.