Common Cents

Core & Commons

Ralph Murphy

(5/17) ‘Stay at home’ orders issued by state governors of 45 states and the territories restricting non essential travel during the coronavirus scare have started to ease. Lawsuits and court rulings to notably include a Wisconsin Supreme Court judgement that arbitrary closures of stores was illegal have drawn exposure to the executive, judicial and populace control rift. A higher court ruling might consolidate and overturn the national abuse of power but the judgements to include church groups in Kentucky and Kansas among others are just reaching the legislators as elections loom in the fall. Playing into the flu issue is a system exposure and really healthy realignments to market conviction of a dying crony system that had favored select groups in fund access and output guarantees at the expense of real competition and consumer preference.

The old corporate guard of celebrity CEOs whose personal wealth was equated to their respective companies corporate finance division were the darling projects of a vast New York guild group linked to banking and security groups to maintain their projects as viable. The levels and arbitrary lead became too high and toward the end of that regime with bank review of Dodd Frank repeal by 2018 it had buckled to collapse. Warren Buffett of Berkshire Hathaway announced most all his holdings in Goldman Sachs a politicized New York financier would be sold among others as his company dropped $50 billion total assets. Bill Gates stepped down from Microsoft CEO lead in March under similar circumstances.

The others as Jeff Bezos, Zuckerberg or Pickens with similar guild access now denied will surely follow. That type of money almost never gets public exposure in an individual projection requiring immeasurable systemic depth and reach. They shared common bank and treasury friend access but the projection is scripted fanciful to market lead. Covid 19 was noted as a veiled source of the subsidy or access loss as was more plausibly changes to the federal reserve system that now just facilitate transactions with a currency and regulatory role rather than manage them with fund guarantees as had happened in the Obama era.

There are technical review questions that are also being addressed in the current climate of market correction to simple supply and demand based on consumer trends and corporate competence. They involve international dealing best typified by a series of accords known as Basel rounds for an older European payment program actually linked to World War One reparations but maintained in other forms over the past post war periods. There is a Bank for International Settlements operating from Basel, Switzerland that was used as a broker and point of reference for varied fund exchanges to European and other global projects. A BCBS board of directors had been formulated by the 1970s that facilitated western fund transfers from the wealthier west to the control groups and their projects abroad.

The members appeared to want predictable project money and established a Basel 2 accord which was formally signed in 2004. It had set capital requirements of member bank sourcing mostly linked to New York, especially Goldman Sachs for coordination, but to include Citigroup and others for European project money. There was an effort at that time to harmonize relations of vastly dissimilar groups known as Standardization coupled with regional market assessments known as foundation internal ratings approach that reflected the complexities of dealing in domestic cultural politics and unique trade flows in their respective environments. The Basel group openly sought to mitigate risk as a management pillar but as it played out that didn’t mean market risk to investor.return but rather their risk of earnings loss linked to monied access of the team.

There appeared systemic similarities enough to maintain international trade policy but regional differences to investment patterns, source money and predictable use became so confusing by 2005 there were rumblings it couldn’t be done and the following decade they conceded irregularities made standardization impossible. The income guarantees by 2008 were largely assured by other legislation like the TARP funds and subsequent mergers of Dodd Frank that consolidated funds with the largest banks and led to the China group disaster and arbitrary trade losses before its repeal two years ago.

The deeper point that Basel round suggested is where to differentiate between trade similarities and unique internal market or social differences that effectively deviate enough to throw off an expected result. It’s fairly simply predictable if foreign interest can match a universal or production output consistent with processes in nature and discoverable by training or insight anywhere. Even minor regional deviations billed as the global standard can however affect consumer views and output that are confusing to its provider like domestic factors probably maintained It’s appeal. The point is universal systems output can be transferred with recognizable features, but any additions or mergers of them in unique combinations to goods or especially hybrid services can alter the whole trade environment enough to curtail or even end it.

There are means to decrease the differences. Among them are technical controls such as measure standardized to base ten as with metric but could be any as with weight, temperature reference, time, or volume. Currency stability as it affects banking and trade interests are also varied to devaluation concerns amid official manipulation or lack of insight. If it’s stable as an agreed value per unit and varied based on matching output changes rather than speculators a key source of exchange irregularity would be eliminated. Transference in trade policy can routinely be quantifiably proven and thereby justified in that sense to most all as a standard source of desired interaction. It gets much harder with interpersonal or social systems but broad frameworks of understanding based on personality and market types can be identified for transfer assessments.

An organization with a singular mission, output, and identifiable structure as hierarchy can generally be transferred to alternate regions conceptually and for inclusion if desired. Merging it with others no matter the intent may make that same focus transfer impossible. A defense system that throws in a philanthropy requirement could mitigate a whole operation no matter the impetus for example. The problem is domestic application to unique circumstantial need for the hybrids. They probably work for internal operations but often can’t easily leave that region. In trade or other social policies they can dangerously reflect the output and environment with their unique focus.

Personality types as reflected to regional organizations also play a critical policy role, and there had to be recognition of that concept or even well intentioned trade efforts could fail. It can be contended but worth a foundational mull as in legal forensics of motivational studies -urges or subconscious source of pain or pleasure a re reflected in social policy. There’s a whole genre of official project sourcing motivated by sexual gratification offset by a violent group often operating in near tandem. Consistent more with social leads than output, both of these groups need more stable neutral application aid at that policy level. They can seriously affect and alter conventional social harmony based on their levels. projection, and effect.

Motivation also affects legal rulings in case law where there’s event consistency as with damage in theft or property, but event circumstance of import to regions and can deny a charge based on a reason for undertaking. If under a sexual social umbrella the courts have a different viewing prism of violence and vice versa, so know the operating standards in that light. If either gains absolute power and a security organ can be deployed to enforce it they’ll routinely wipe out the other groups if unchecked. Neutral mental application for objective dealing and application of law and governance is ideal and as it reflects output provides the individual an opportunity for rational selection of varied options not the case in less flexible orbits. The growth models assume that mental view and again if channeled in the others is not the case or transferable for external trade policy of any type, social or physical goods.

The covid group focus seems to be trying any possible ploy to release funds from emergency storage to yield a fix or ideally a secure income consistent with the older access. They’d push inflationary pressures or other market tools tied to interest rates that used to go unchecked but can’t get them to catch it seems as the foundation is in a real control pattern of universal systemic need. That recession is overplayed. There’s a dip to social services but almost everything of market indicator concerns as ports and other trade outlets are open. There’s probably increased savings and open markets would fair better as alternate or increased demand, but the money isn’t subject to the type of capital flight of a recessionary loss. It’s redirected, stored or saved. I don’t know of a free covid trade zone beyond the Dakotas maybe, but they’ll emerge if this continues.

Parts of Basel 2 to alternate reflection were forwarded as the recognizable features of universal system accord or simple investment transfers of stable currency was advanced by promotion. The offsetting irregularities tied to credit assessments of regional focus did doom the bill and its implement last year has been delayed through 2022. A Basel 3 effort had been broached in tandem with Dodd Frank consolidation of the New York corporate funds but was almost symbolic when the latter consolidated most all the money in the western world, " ran" to China with it, were caught and the whole system realigned with the cash return. It was centrally stored, returned to smaller banks close to investors, then the Dodd Frank repeal emerged coupled with tax and subsidy reviews and the loss of our popular CEO friends up there. The group can’t really compete without central storage despite claims as viewed in a more mature and market oriented product environment.

That brings us the coronavirus follies and it would be humorous except for the social restrictions. They have led to arbitrary closures. School sports opportunities or other group activities of varied reward as religious linked activities have been lost for the shake down effort. It has shown Congress and even parts of the executive as almost completely void of other powers than to mask us as the same spending bill keeps passing but the money is denied. The legislation is up to over $10 trillion in demands and none of it is being allowed. So there is underlying systemic continuity despite the chaotic politics and emergent control will have a recognizable reference plain. In more formal arguments the self policing in legal and social policies as reflected to legislation were too esoteric or irregular and if properly calibrated to a broker role the constant reviews aren’t needed or used.