Theme: Institution

  • CLEAR EXPLANATINO OF WHY SVB GOT HIT. (“A bit of a management judgement, combine

    CLEAR EXPLANATINO OF WHY SVB GOT HIT.
    (“A bit of a management judgement, combined with wrong place at wrong time so to speak”)
    Again, I’m just using this as an example of why I’ve suggested accounting and reporting reform. Not so much because people are https://www.youtube.com/watch?v=G1qNAPVx8A4…


    Source date (UTC): 2023-03-12 00:54:39 UTC

    Original post: https://twitter.com/i/web/status/1634719518571282432

  • (NLI Members) NLI Opinions Please? … The NLI archive consists of many thousand

    (NLI Members)
    NLI Opinions Please?
    … The NLI archive consists of many thousands my (and others’) sketches and posts from about ’09 to present. FWIW I do have the content back to the 90’s on drives, but its only value is as memorabilia.
    … A lot of that historical work consists of ‘going native’ with different factions. And experimenting with arguments and ideas and testing them in social media. (Victimizing others. πŸ˜‰ )
    … At this point, we are very close to having consolidated everything into books (grammars so to speak). And trying to pump out at least the constitutional work as fast as possible. And that’s all we really want the public to see: ‘the law’ – and not the sausage being made so to speak.
    … I’ve been thinking of moving all that searchable content onto an archive site, or requiring permission to access it within the current site. I know Ian and others still use the search function and go through the old material. So I don’t want to shut off the community. But I already get flack for that content, some if it confuses people, and the closer we get to publication the more of a drag it is on our mission.

    So, opinions please?
    Thanks.

    Curt Doolittle
    The Natural Law Institute


    Source date (UTC): 2023-03-11 16:20:48 UTC

    Original post: https://twitter.com/i/web/status/1634590203363860480

  • (NLI Members) NLI Opinions Please? … The NLI archive consists of many thousand

    (NLI Members)
    NLI Opinions Please?
    … The NLI archive consists of many thousands my (and others’) sketches and posts from about ’09 to present. FWIW I do have the content back to the 90’s on drives, but its only value is as memorabilia.
    … A lot of that historical work consists of ‘going native’ with different factions. And experimenting with arguments and ideas and testing them in social media. (Victimizing others. πŸ˜‰ )
    … At this point, we are very close to having consolidated everything into books (grammars so to speak). And trying to pump out at least the constitutional work as fast as possible. And that’s all we really want the public to see: ‘the law’ – and not the sausage being made so to speak.
    … I’ve been thinking of moving all that searchable content onto an archive site, or requiring permission to access it within the current site. I know Ian and others still use the search function and go through the old material. So I don’t want to shut off the community. But I already get flack for that content, some if it confuses people, and the closer we get to publication the more of a drag it is on our mission.

    So, opinions please?
    Thanks.

    Curt Doolittle
    The Natural Law Institute


    Source date (UTC): 2023-03-11 16:20:48 UTC

    Original post: https://twitter.com/i/web/status/1634590203179417600

  • UNORGANIZED CONSPIRACY OF COMMON INTERESTS There is a longing suspicion in the s

    UNORGANIZED CONSPIRACY OF COMMON INTERESTS
    There is a longing suspicion in the state, and in some portion of the public, that this industry needs to go away. IMO this was caused by the loose self regulation of the industry. That said, if we look at EVERY revolutionary industry, the first and second generation of ‘producers’ goes bankrupt as they discover the limits of their individual experiments.

    I’ve been on this for ten years as of this year, and I’m sticking with we need an insurer of last resort. And that either has to be an independent Board, a network of major financial institutions or the treasury.

    And IMO that competition between those three is going to be the next phase. And I suspect that the govt AND a board together will win. Because the financial sector is a worse problem than the govt. And becuse the competitionb etween a board (private) and state (public) is necessary to keep both ‘honest’.

    FWIW: IMO the mistaken positioning of the “ledger of title’ as ‘money substitute’ combined to near universal ignorance of the function of the broad range of financial instruments as stores of time on one hand, and a failure to grasp the limits of mathematics on the other, has led to extraordinary fanciful thining by young generations that are spending man years of work, and losing billions of dollars, reinventing what we’ve known for a century: “there is no closure except actionable reality itself.”

    And I have to explain that, then you know why the tech problem persists. πŸ˜‰

    Curt Doolittle
    The Natural Law Institute


    Source date (UTC): 2023-03-11 16:00:50 UTC

    Original post: https://twitter.com/i/web/status/1634585177455222784

    Replying to: https://twitter.com/i/web/status/1634521060656963585

  • UNORGANIZED CONSPIRACY OF COMMON INTERESTS There is a longing suspicion in the s

    UNORGANIZED CONSPIRACY OF COMMON INTERESTS
    There is a longing suspicion in the state, and in some portion of the public, that this industry needs to go away. IMO this was caused by the loose self regulation of the industry. That said, if we look at EVERY revolutionary industry, the first and second generation of ‘producers’ goes bankrupt as they discover the limits of their individual experiments.

    I’ve been on this for ten years as of this year, and I’m sticking with we need an insurer of last resort. And that either has to be an independent Board, a network of major financial institutions or the treasury.

    And IMO that competition between those three is going to be the next phase. And I suspect that the govt AND a board together will win. Because the financial sector is a worse problem than the govt. And becuse the competitionb etween a board (private) and state (public) is necessary to keep both ‘honest’.

    FWIW: IMO the mistaken positioning of the “ledger of title’ as ‘money substitute’ combined to near universal ignorance of the function of the broad range of financial instruments as stores of time on one hand, and a failure to grasp the limits of mathematics on the other, has led to extraordinary fanciful thining by young generations that are spending man years of work, and losing billions of dollars, reinventing what we’ve known for a century: “there is no closure except actionable reality itself.”

    And I have to explain that, then you know why the tech problem persists. πŸ˜‰

    Curt Doolittle
    The Natural Law Institute

    Reply addressees: @Crypto_McKenna


    Source date (UTC): 2023-03-11 16:00:50 UTC

    Original post: https://twitter.com/i/web/status/1634585177232928769

    Replying to: https://twitter.com/i/web/status/1634521060656963585

  • WHEN THE FEDS ARRIVE AT YOUR BANK… When the feds arrive and take over your ban

    WHEN THE FEDS ARRIVE AT YOUR BANK…
    When the feds arrive and take over your bank, it looks like an army of suits, and they use polite but firm language, and soft and practical voices. So, they don’t look like the Swat team has battered open your door, thrown flash bangs thru the windows, and barged in by the dozens in full combat gear, shouting in deep threatening voices, with flashlights in your face, batons smashing you flat to the ground, while getting pig piled by angry gorillas with poor manual dexterity fitfully trying to put on the handcuffs.
    No. It doesn’t LOOK like that.
    But it FEELS like that.

    (good) πŸ˜‰


    Source date (UTC): 2023-03-11 00:13:46 UTC

    Original post: https://twitter.com/i/web/status/1634346843634008064

  • WHEN THE FEDS ARRIVE AT YOUR BANK… When the feds arrive and take over your ban

    WHEN THE FEDS ARRIVE AT YOUR BANK…
    When the feds arrive and take over your bank, it looks like an army of suits, and they use polite but firm language, and soft and practical voices. So, they don’t look like the Swat team has battered open your door, thrown flash bangs thru the windows, and barged in by the dozens in full combat gear, shouting in deep threatening voices, with flashlights in your face, batons smashing you flat to the ground, while getting pig piled by angry gorillas with poor manual dexterity fitfully trying to put on the handcuffs.
    No. It doesn’t LOOK like that.
    But it FEELS like that.

    (good) πŸ˜‰


    Source date (UTC): 2023-03-11 00:13:46 UTC

    Original post: https://twitter.com/i/web/status/1634346843516575745

  • Exactly. How. It. Happens. RE: Silicon Valley Bank ADVICE: the rules are insuffi

    Exactly. How. It. Happens.
    RE: Silicon Valley Bank
    ADVICE: the rules are insufficient for the demands of the market. If the rules are sufficient for the demands of the market, money will tighten. If money tightens then risk tightens. So… we cannot continue with these rules. Or… https://twitter.com/AlecStapp/status/1634311897490108419


    Source date (UTC): 2023-03-11 00:08:34 UTC

    Original post: https://twitter.com/i/web/status/1634345534705074176

  • WHEN THE FEDS ARRIVE AT YOUR BANK… When the feds arrive and take over your ban

    WHEN THE FEDS ARRIVE AT YOUR BANK…
    When the feds arrive and take over your bank, it looks like an army of suits, and they use polite but firm language, and soft and practical voices. So, they don’t look like the Swat team has battered open your door, thrown flash bangs thru the windows, and barge in by the dozens in full combat gear, shouting in deep threatening voices, with flashlights in your face, batons smashing you flat to the ground, while getting pig piled by angry gorillas with poor manual dexterity fitfully trying to put on the handcuffs.
    No. It doesn’t LOOK like that.
    But it FEELS like that.

    (good) πŸ˜‰


    Source date (UTC): 2023-03-11 00:13:46 UTC

    Original post: https://twitter.com/i/web/status/1634344187876323333

  • (western civ) WHY CHRISTIANITY ISN’T ENOUGH 1) Western civ has always been trifu

    (western civ)
    WHY CHRISTIANITY ISN’T ENOUGH

    1) Western civ has always been trifunctional, in that we preserve competition between religion(feminine, familial), law (political, commercial) and aristocracy (war). This forms a market competition between social, economic, and military elites, that promotes competitive innovation, and prevents corruption and stagnation through a balance of powers.

    2) Western civ whose origins are best understood by study of the Spartans, then maturing thru trade into the Athenians, as an upper class of horse-riding warriors (aristocracy) financed by their extended families (oligarchy), over some number of footsoldiers (citizens) and a conquered set of farm workers and laborers (slaves).

    3) Christian religion was an innovation because it provided the underclasses (women, serfs, slaves) a means of obtaining status by simply doing no wrong, rather than possessing wealth and power – and it was made possible by the wealth increase generated by the roman empire, roman roads, roman administration, and roman trade. Thus reducing alienation between the classes, and lowering the cost of administering increasingly larger polities. While the church was successful in undermining roman institutions of cultural production – just as woke is doing today, the military and the law and trifunctionalism remained.

    4) The germanic aristocracy captured the Church as a holding company for land under primogeniture, and so the aristocracy (military and land), traders and transporters (law), and nobility(church and peasantry), maintained the trifunctional equilibrium. (There is no means of concentrating capital as in the flood river valley civs, so it means federations of aristocracy were necessary – especially in Germany.)

    5) As such the church failed to fully reform into the acquinian and scholastic model of natural law, uniting Christianity and science, in response to darwin. The French left in response to the french revolution, and the Jewish left in response to the world wars, were successful in disintermediating the aristocracy and the military ending trifunctionalism and driving to Jewish and french authoritarianism (positive law) – replacing the church, by merging it with the secular state.

    6) The Jewish left then captured the institutions, and converted them from vehicles for training the aristocracy, nobility, and upper middle class into responsibility for the administration of the state, economy, and polity, into CREDENTIALISM which allowed Jewish intellectuals to be pseudo-intellectuals whose purpose was to destroy the institutions of cultural production in Europe,m replacing trifunctionalism with authoritarian clerisy.

    So the correct answer is that Christianity ALONE is too weak to resist the authoritarian religion of the left, and requires military aristocracy, and rule of law, and demonstrated competency in real life instead of certification by credentialism (academies).

    My work attempts to fix this problem and reverse the process of destruction of our civilization. Because we must both repair our law, restore meritocracy over credentialism, restore our military aristocracy, and complete the unification of Christianity and science started by Aquinas, nearly completed by Blackstone, Smith, Hobbes-Locke, and Hume: the natural law (as I define it): “the law of man, of nature, and nature’s god.”

    There is no other solution.

    Cheers
    Curt Doolittle


    Source date (UTC): 2023-03-10 22:48:58 UTC

    Original post: https://twitter.com/i/web/status/1634325501631234054