VW Van life (update): Fun Post w/more Thailand pictures and a bit on the Saudi princes power change being the most profound geo-political global change in modern history...
I am still in Thailand, can you see the little creatures on the following picture - zoom in:
The movers and shakers 'of the world' that funded the presidents Clinton, Bushes, Obama, funded 911 and probably carried out every good or bad act they wanted, as they seemed above the law, looks to me that the political change in the USA last year has brought about the flushing of these old guards - Saudis.
Obama a black man rose to the highest power office in the world yet still a slave to the bankers. Trump maybe as well but has his own money and has been dealing with the mob to build his New York towers for decades. Trump will be getting way more of what he wants than the Clinton's, Bushes and Obama combined. I don't think it will only be about money for Trump. I believe he is narcissistic and believes he is the boss of the IMF, World Bank, UN, NATO and USA - and that may not be a good thing but the old leadership has screwed us all and I personally welcome this new change! It is profound.
So now we have Trump running things. My bias is I like that a lot. He understands BANKRUPTCY very much or as he would say very very much. He also has added two important folks to his team and they have the power to liquidate the banks by giving (liquidating) their shares to his buddies legally:
Secretary Treasurer: Steven Mnuchin
In 2009, a group led by Mnuchin bought California-based residential lender IndyMac, which had been in RECEIVERSHIP by the FDIC and owned $23.5 billion in commercial loans, mortgages, and mortgage-backed securities. After purchasing IndyMac, renamed OneWest Bank, Mnuchin served as CEO and chairman. OneWest then bought several other FAILED banks including First Federal Bank of California in 2009 and La Jolla Bank in 2010. Furthermore, OneWest bought a portfolio belonging to Citi Holdings for $1.4 billion. OneWest was profitable one year after Mnuchin had bought it, and it became the largest bank of Southern California, with assets worth $27 billion. Criticism for aggressive foreclosure practices. OneWest was criticized for AGGRESSIVELY FORECLOSING on homeowners.
Secretary of Commerce: Wilbur Ross
He specializes in LEVERAGED BUYOUTS AND DISTRESSED BUSINESSES. As of February 2017, Forbes magazine has reported that Ross has a net worth of $2.5 billion. Ross is known as the "King of Bankruptcy" for his experience in buying BANKRUPT companies, primarily in the manufacturing and steel industries, and later selling them for a large profit after operations improve.
My 35 years of business, following at first, book-keeping learning Generally Accepted Accounting Principles followed by the Corporation Act. That lead to learning about Capitalism and Free Enterprise and Corporate Law or what is called the rule-of-law. I fell in love with bitcoin and the blockchain. I call it "triple entry accounting" or computational trust. What do I mean by 'computational trust': hundreds of thousands of computers witnessing a transaction. New technology known as a token called bitcoin blockchain is a 'utility' and since it can be used like money some are doing such like me and my friends. The utility is: the most secure data base ever invented. As simple as that. My analogy is: picture it like a big spread sheet (an excel spread sheet) with 21 million cells. Each cell has a password assigned to it and that is called the keys to that cell. These keys can be transferred to other cell keys and are then owned or controlled by the new keys. There is even an open source protocol that releases these cell ownership controls over time ensuring decentralization and utilizing consensus systematic for any updates.
So now, what's the big deal in having a spread sheet that you can transfer cell ownership rights to each other? This spreadsheet is validated by lots of processing power every 10 minutes. Validated; means witnessed or notarized by the community and to date more processing power is validating the bitcoin blockchain than has ever been used for a single purpose in the history of mankind. Now then how does it become money or a type of currency: it becomes money when a value is attached to the controlling or ownership of the cell. Why would someone want to own such a utility or a portion of it? There is value in someone notarizing (witnessing) contracts in a manner so secure it has had zero down time and zero hacks or errors from the early stages - currently (bitcoin) now running over 9 years worth of 10 minute blocks of transactions. I call it triple entry accounting: a transaction 1) buyer 2) seller 3) witness by ledger and community (hundreds of thousands of witnesses). Or debit, credit and witness. You can sell services on this backbone and therefore owning control allows for a return on investment.
What follows are some fun shots I took this week in Thailand. The one with giraffes is for my sister:
PATTAYA CITY ZOOM IN SEE THE SIGN:
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