Monthly Archives: November 2012

MTA Fare Hike Hearings

The MTA runs the NYC subway.  They also own some bridges and tunnels.  The profits from tolls on the bridges and tunnels subsidizes public transportation.

The MTA is holding hearings, regarding fare increases.  They’ve already decided they are increasing the fare, but are legally required to have public hearings first.

They made one big mistake.  They should have postponed the hearings.

It is a big embarrassment.  Subway service is still not restored to 100% after hurricane Sandy, and the MTA is holding hearings regarding fare increases.

Also, the MTA is not responsible for the fare and toll increases.  They have to increase them, due to inflation.  The blame for fare hikes lies not with the MTA.  The real culprit is inflation.  The blame lies with the Federal Reserve, Ben Bernanke, and the Federal government.

Election Coverage – Calling States

There’s one bit of election coverage that has me confused.  It’s the practice of calling the winner in a state as soon as the polls close.

I understand the theory.  It’s based on pre-election polls and exit polls.  However, that is wrong.  They should be forced to wait until a statistically significant number of “official” results are in, before calling a winner.

Unemployed Again!

I missed a lot of days of work due to my illness, and my contract was cancelled.  There was one month left on a 3 month contract.  They said that the work was reassigned to other people, due to the uncertainty about how many days I would miss.

They did say that I did an excellent job until I got sick.  They might consider me for another job.  I’m going to wait until January to start sending out resumes.

Also, I was the victim of workplace bullying.  Employees of the “other” consulting company at work started bullying me, because they wanted to cover up the bugs, and I was the person with the most software experience.  I did tell my boss at work about it.

Did I get sick because of the difficulty at work?  It probably was going to happen anyway.

Hurricane Sandy And SHTF

In the aftermath of hurricane Sandy, it’s a good approximation of what a SHTF scenario would look like.

Fortunately, where I live in Brooklyn, it’s relatively high above sea level.  There was no serious damage.  There wasn’t that much rain in the hurricane.  Most of the damage was due to wind and high tides.

My cell phone didn’t work for 2 days.

After 2-3 days, the roads were nearly 100% clear.

In downtown Manhattan, power was not restored until this weekend.  In Staten Island, some areas still don’t have electricity.  In some areas, looters were pretending to be Con Edison workers.

They cancelled the NYC marathon.  It was embarrassing that the marathon was starting in Staten Island, even while that part of Staten Island had no electricity.

After 2-3 days, the supermarkets started being restocked.  The supermarkets mostly have normal inventory now.

There still is a gasoline shortage, although some stations are starting to get inventory.  It should be better in a few days.

The subways are not yet restored to 100%. However, I could have commuted to Manhattan today.

This also shows the risk of disaster preparation.  If you had made plans to escape NYC, you needed to make sure it was somewhere sufficient distance away to be unaffected by the hurricane!  If your plan was to escape NYC by going to NJ, that might have been a disaster.

However, this was not a true SHTF scenario.  The government still has the ability to organize the police and repair crews, and restore order.  The Federal government can have deficit spending to pay for the repairs and emergency workers.

That raises another issue. Should the Federal government provide disaster relief? That distorts the market for insurance, when you know that the Federal government will provide aid in a natural disaster.

By providing flood relief, the Federal government reduces the cost of living near the coastline near sea level. Most costal land is owned by wealthy people. Federal flood aid is an indirect subsidy of people who are already wealthy.

The hurricane may have benefited President Obama’s reelection chances. He didn’t Katrina it, so he looked competent. Instead of talking about other election issues, people are talking about the hurricane.

I’m feeling mostly better, but not quite ready to return to my full blogging schedule. I’m hoping to return to work on Nov 12.

Reader Mail – 10/21/2012 To 11/03/2012

I'm still slowly recovering from my hospitalization. I don't feel well enough to start working on my blog again.
Bob commented on node.js Is VB6 - Does node.js Suck?.
I have just had to fling out someone who forced node.js on my dream project, and I fear maybe I am an abused productive type, but my experience was precisely what was described. Node.js is shit and it is being forced on people by parasites.

Ryan commented on node.js Is VB6 - Does node.js Suck?.

"node.js is far from perfect but it get’s a lot of things very right and has a lot of very smart people working on it"

Thanks for the laugh, but seriously, I think you meant to say "clueless, self-absorbed hipsters" instead of "very smart people".

Ryan commented on node.js Is VB6 - Does node.js Suck?.

"I’d never give you a job."

The main reason being that you'll never be competent enough to become an employer. I've seen some of your blog posts and screencasts back when I was evaluating node.js. As if being a mediocre developer wasn't enough, you now have to add "rabid node.js zealot/fanboy" to your list of credentials.

P.S. the team listings for the "Node Firm" are hilarious. It's like a group photo of barely-literate, clueless hipsters all complete with ironic t-shirts and thick-frame glasses. It makes me feel sick just looking at it.

Ryan commented on node.js Is VB6 - Does node.js Suck?.

What has LLVM got to do with Apple? They just threw some cash at it and wrote a flimsy compiler front-end after it had already proved it's worth. LLVM is used by most Linux distributions too, for example in the Gallium3D shader compiler.

So I have to ask you a question. Do you judge technology by sound bites (LLVM!!1? oh god!) and mimicking the other clueless people (Mac users) around you?

Ryan commented on node.js Is VB6 - Does node.js Suck?.

Nope, you're the one who is clueless here. You have proved that in 3 short sentences. When you're a bit older and wiser you might learn to identify when people are projecting their inadequacies. It's kind of a pathetic sight to behold.

Ryan commented on node.js Is VB6 - Does node.js Suck?.

Yes he won't understand because he's not an architecture astronaut like you godly node.js developers.

Wait, is "node.js developer" an oxymoron? Yes, I think it is. Since by bringing more garbage into the world and wasting people's time with hype, you are doing the exact opposite of development.

Not a soldier commented on Do Disabled Veterans Deserve Respect?.
Loved this post. The most stupid excuse that I have every heard was "I was just following orders" or "...just doing my job". People who follow orders are responsible to the same degree as those who issue them - no question about it.

I also may have made an error. It might be true that "The only veterans who are genuiunely ?disabled are the honest ones."

Contact Headhunters Ireland commented on Headhunter Information Trolling.
Ya, I have also seen such adds. I was looking for a new job since last 6 months and many a times when I sent my resume to such executive search companies. They were even not interested in knowing my capabilities. They called me last week when I stopped contacting them and their only motto was to inquire about the company where I have got placed recently.

Nick commented on Outback Steakhouse - Good To Bad To Good - Another Classic Pump And Dump.
Umm how do I get into the PE business.

Good post FSK, as usual. Thanks.



olde reb commented on The Fiscal Cliff - A Fake Crisis.
Have you ever wondered how Ben Bernanke could conceal $4 BILLION profit from Congress and the people EVERY DAY??? It is from the auctions of Treasury securities. Essentially, it is theft from the American people. Profit of the Fed belongs to the government. Under any other circumstances, it would be called embezzlement.

That profit is undoubtedly used to fund the New World Order agenda promoted by the CFR and Wall Street.

The auction accounts and disbursements are handled EXCLUSIVELY by the FRBNY and have never been reported or audited. Details below and the footnoted article show a comprehensive mathematical analysis of how the Fed's Ponzi scheme can be carried out.

Ben is a lackey for Wall Street and his job is to keep the banks (owners of the BOG ?) from bankruptcy. Everything he has done confirms this. He will devastate the economy with inflation; the public be damned.

Maybe your senators or membership would be interested in the information, but congress-critters receive lavish campaign contributions from “financiers” and also insider information that boosts their net worth. Their inclination to investigate may be dampened.

Read it and weep.


* * * * * * * * * * * * * * * *

Open letter to my Senators




Dear Senator

Mr. Ben Bernanke told the Senate Banking committee that the government must take action (deficit spending) to prevent an economic collapse. Did he tell Congress that every dollar of such spending would be profit for the Fed that would be hidden by the FRBNY in apparent violation of the law ??

A popular concept is that the government will “borrow” from the Federal Reserve. This involves giving a Treasury security (bill, bond, or note) to the Fed as collateral and the Fed will credit an account of the government in the amount of the security. The government then spends the (book-entry) funds while the Fed (theoretically) holds the collateral; i.e. deficit spending. Voila !! Additional (fiat) money has been injected into the economy of the Nation which, as expressed by Mr. Bernacke, MAY stabilize the economy.

Observe that the Fed holds the collateral. When the collateral matures, government must pay the Fed to redeem the security. The fiat money spent by government must be re-acquired and paid to the Fed. But the government has already spent the money and the bank account is zero.

So the Fed can sell the collateral at the Treasury auctions (if it has not already been auctioned). If the funds went to the government, the Fed would essentially give up the security. Bankers are not known to generously give up money.

Also, if the funds went to the government, they would be used to pay off the debt of the security that had been issued and that would negate the existence of the debt and further it eliminates any inflation from the currency in circulation being increased. Since this does not happen, the funds from deficit spending cannot go to the government.

The Federal Reserve Bank of New York has the responsibility of handling all accounting and funds for Treasury auctions. The funds from deficit spending go into the FRBNY but they are not recorded as coming out. These items are not included in the ANNUAL REPORT TO CONGRESS nor are they disbursed in any available record

Receipts from the 2010 Treasury auctions totaled $8.4 trillion. $7 trillion was used to roll-over preexisting securities (without increasing the national debt) and $1.4 trillion was received from deficit spending as detailed above. That $1.4 trillion ($4 billion every day--7/52) disappeared in the catacombs of the FRBNY.

Profit of the Fed legally belongs to the government. Concealment of funds belonging to the government is identified as embezzlement and subject to one year incarceration per count. Ref. 18 USC section 641. Nonpayment of monies belonging to the government is a separate crime and subject to five years incarceration. Ref. 18 USC section 1001. Anyone knowing of such an offense who “relieves, comforts or assists the offender…to prevent his apprehension, trial or punishment, is an accessory after the fact.” Ref. 18 USC section 3.

Should members of Congress reflect on their involvement ?

In addition, commercial banks have a practice of “fractional reserve” that allows them to create check book money as a multiple of “reserves.” It appears the QE's has the FR banks writing checks in the same manner WITH NO REQUIREMENT FOR RESERVES. This appears to be a new practice of unlimited money creation without authorization of Congress—an entry of hyperinflation. Perhaps Congress should investigate.


Olde Reb

Conclusion: The Fed is wanting more money to bail out the owners of the BOG and NY banks from their fraudulent derivative gambles and construct a fraudulent claim on the entire wealth of the nation while your constituents get ripped off and enslaved.

[NOTE: This letter is excerpted from, and documented in, RIP OFF BY THE FEDERAL RESERVE, ]

My parents insisted that I replace the actual name of the consulting company. I replaced it with Bigtime Evil Consulting.
Saurabh commented on Still Sick.
Sorry to hear that, Get well soon.

Robert commented on Still Sick.

Get well soon buddy

Nick commented on Still Sick.

Feel better brutha.

Ray commented on Still Sick.

You're not lacking on brains, pull your act together.

Anonymous Coward commented on Still Sick.

I'm sorry to hear that.

Your blog is a public service. Your way of thinking has influenced the way I look at the world.

As George Carlin said we have thirty-eight different flavours of ice-cream, but we only get to choose from two political parties.

Both parties have pretty much identical policies. The candidates for office are PRE-CHOSEN BY INSIDERS.

If government isn't really elected by a fair popular vote, then they truly are no more than criminals stealing money and their wars have no legitimacy. They have no right to sanction overseas killing.

Perhaps you need to change the way your think about the world and be less anxious. What will be, will be and worrying about matters won't do one thing to change them

Worrying about things is like trying to solve algebra with a wet noodle. It doesn't do anything positive.

Actually, I changed my opinion. I still believe that market competition is the best long-term solution to providing useful government services. Given the severity of the problem, I'll try to help the people who are trying to fix the problem, some of which work for the US government.

The Libertarian candidate looked like a jerk and wimp when I saw him on the Daily Show. Obama is a proven failure. There is only one other logical choice. I can't pick "don't vote", because I go with my mother to vote to make her feel better.

Paul commented on "Save X% When You Buy Y" Fallacy.
Another scam is the 'limited time offer'. Buy now and save! I usually try to find another product or vendor when I am hit with this. I don't like to buy something when they are selling to me with 'time is running out' or variations.

Joe commented on "Save X% When You Buy Y" Fallacy.

While I agree that it's annoying and arguably unethical when sellers don't always offer their best price upfront, it's possible that a seller could offer a price reduction which is the result of taking a loss. In these cases you would experience a gain over their loss.

That said, what also plays into your point are those irritating grocery store club cards and coupons. For all the things I dislike about Apple (and I know you're no fan), their position of not having coupons or random/temporary sale offers was something I was hoping would catch on as part of the modern Apple mania.

Doh-San commented on Hospitalized Again!.
Do keep us posted. And stay safe. You're a pipeline for the rest of us to know what's *really* going on on the ground in NY.

Where I live in Brooklyn, it's pretty decent. We're relatively high above sea level. There was no cell phone service for 2 days. There's a gasoline shortage. The supermarkets have new inventory, with things like meat and milk already delivered.

In some parts of Staten Island, it's *BAD*. In downtown Manhattan (south of 34th street), it's *BAD*.

Even if I wasn't sick, I couldn't go to work, due to no subway (and no electricity in the office).

commented on Hospitalized Again!.

I was wondering how you made out in the hurricane. Good to see you're okay. Hang in there. All is for the best.

dionysusal commented on Hospitalized Again!.

I was wondering how you made out in the hurricane. Good to see you're okay. Hang in there. All is for the best.