Symphony

Cadence of Conflict: Asia, October 8, 2018

China's political, socioeconomic worldview is that of a zero-sum game. It has played it's socioeconomic game that way for decades. Now, it must empty its reserve coffers to keep its zero-sum game strategy from sinking too fast. This means that it can't use those coffers if a military conflict arose. The United States knows this.

Don't be fooled. The US strategy is to provoke China into a conflict sooner than it wants. In the Western view, China has shown how it will behave by having shown how it has behaved more and more. This is enough to warrant preemptive agitation for the Western taxpayer. In China's view, the world has failed to bestow on China what China deserves; because China rightly deserves what it deserves, China can't lose.

Interpol has now gotten whatever international attention against China's favor that Hong Kong malcontents did not. With the disappearance of Interpol's president into China, whoever didn't care about so-called "Chinese aggression" does now. China's government thinks they sent a message to the world. They did, but the message received is probably not the message that was intended.

As the Pacific conflict escalates, the US-Taiwan aggravation strategy moves into more military cooperation. "Unprecedented" was the word of the week. And, everyone knows what it means just as much as everyone knows why.

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Symphony

Encore of Revival: America, February 12, 2018

The budget deal in Congress celebrates two myths, one from time travel budgeting, the other from silence. When the "experts" project a deficit based on the current spending plan, 1. none of the money has been spent yet and 2. none of the spending tax money has come in yet. They aren't only counting chickens before they hatch, they already have them buttered on the Christmas dinner table.

The spending projection assumes the previous year's tax income. If tax rates drop, so does the projected income drop, proportionately. There is some "trickle down" account for the assumption that consumers may spend more and employers hire more since they have the funds not taxed, but they don't consider synergy. They don't use AI simulations to project the slew of companies who haven't announced—but will anyway do—investment within the market. New companies will be capable of coming into being which weren't able to without the new financial ecosystem. Those aren't accounted for because they can't be predicted. The forecast we have is based not on synergistic outcomes—AKA reality—but on comparing last years results against this year's new methods—AKA time travel.

The second myth comes from silence, namely renegotiating trade agreements. Adjustments making the US market part of a two-way street will also bring new revenue sources—rather than a one-way street that screws the US economy into the ground. These are part of separate agreements already promised, already underway, but largely unfinished and unreported. Budget forecast about those factors are simply silent.

The budget forecast isn't any accurate prediction of the future, but a kind of comparison for number geeks in black-tie offices. What actually happens is never known until it happens.

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Faux Report

Bernie Sanders Says He Will Completely Forgive Student Loans If Elected

WASHINGTON, D.C. –

Americans who are under the financial strain of repaying student loan debt may soon be off the hook for their education costs. Presidential candidate Bernie Sanders says that if elected, he will sign a new federal bill releasing any student who has accrued outstanding debt because of the high interest rates and outrageous balances caused by college loans.

“Any student, past or present, who has taken loans from the federal government within the last 10 years to pay for higher education, would no longer be required to pay back those loans,” said Bernie Sanders. “This forgiveness would also be extended to any student currently enrolled in college, who may need financial assistance for the next several years as they finish their degrees.”

The idea of student loan forgiveness has been in the news for several years now, as students are forced year-after-year to leave school due to crippling costs of a higher education in the US. With most students not able to afford any facet of college without loans, the government has given out nearly $1 trillion dollars to those seeking a form of higher education. Although certain costs of school are generally offset by private loans, grants, and scholarships, almost every student currently in a 2 or 4-year program has some existing loans with the US government.

“Education is the single most important thing in my mind when it comes to furthering this great nation,” said Sanders. “I can think of no better way to help the young people, this next generation of thinkers and doers, than by helping them to stand on their feet more firmly, and to give them some hope that they can and will receive their degrees, and they can work towards a future for themselves and their families, and not just a future of paying back debt.”

Even while the government has decided to forgive loans from the public sector, private held companies such as Sallie Mae, the leading lender for higher education, still has sky-high interest rates and non-budging repayment schedules. With close to $1 billion in net income every year,  Sallie Mae has stated that they are not interested in following suit with the governments plan for loan forgiveness.

“We are a private company, and private lenders. We have no interest in not pursuing every possible avenue to squeeze every penny we can out of our borrowers,” said Carla Edwarton, CEO of Sallie Mae. “Education is important to us, but paying back your loans are what we care about. We aren’t loan sharks, we aren’t going to break your kneecaps if you don’t pay, as much as we would like to…[But] you can bet we love making all that sweet, sweet high-interest rate cash.”

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Faux Report

Sallie Mae Forced To Forgive Student Debt To Over 100 Million Students

saliiemae

WASHINGTON, D.C. – 

Sallie Mae, the leading scam group of vile assholes to whom more than 250 million people owe their lives and money to, is being forced by the United States government to forgive the debt of nearly 100 million current and former students, thanks to new laws passed by President Obama.

According to the White House press release, Sallie Mae will be forced to wipe the slate clean for nearly 100 million students, as it was found that the company used lies and deceitful tactics in securing loan repayments from people.

“I was told that if I paid $50, that I could have an extra six months to start payments, because I was out of school, but hadn’t started work yet,” said Mark Downs, a former student at UCLA. “I paid the $50, and then a month later I get calls from collection agencies. Sallie Mae had turned me over to outside headhunters to get their money. When I told them that Sallie Mae had said I’d have six more months, the rep for the new company said, ‘yeah, they tell that to everyone.'”

Those kinds of practices lead president Obama to work with congress to secure laws that would not allow for-profit companies like Sallie Mae to deal directly with students, causing most debt to be wiped away.

“This company, and several others, have lied people to and falsified information, and they deserve to be punished,” said President Obama in the press release. “We have worked extremely hard to make it so that people who have been hurt financially and emotionally by this company do not have to pay money that, in other circumstances, they would have been able to pay.”

There is currently no word on when or how the program will be put into effect.

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Faux Report

Kanye West Admits He’s In Debt Due To Kim Kardashian Mobile Video Game

westhollywood

LOS ANGELES, California – 

A short time ago, Kanye West announced that he was over $50 million dollars in debt, and now, he’s coming out with the truth about what has caused his extreme downfall in wealth.

“Kim’s damn Android game, man. That shit cost me a fortune, and I can’t kick it. I just can’t,” said Kanye. “I know I tweeted back in October that any game that charges real world money was horrible, but it’s my wife’s damn game. I had to try it. And now, here I am.”

Kim Kardashian: Hollywood is a game available on the iTunes and Android app stores that allow people to pretend to be Kim, going on shopping sprees and doing all sort of extremely inane tasks. The game is free to download and play, but many of the game’s items need to be unlocked using real world money.

“I tried to stop playing, but I couldn’t,” said Kanye. “I needed to have the nicer car. Then I wanted all the fancy clothes. Then I wanted more new cars. The bigger house. All that shit, man, you gotta unlock it buy making in-app purchases. Before I knew it, I’d spent a million dollars.”

West says that over the last 6 months of playing the game, he’s spent more than $53 million dollars in real-world money on app purchases.

“I know I don’t say this as often as I should, but I need some serious fucking help,” said West.

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Symphony

November 4, 2015

Carson leads (Bloomberg) (Full WSJ/NBC poll)

$339B one day (WA Examiner)

Russian airbus crash at Sini (RT) (Telegraph) (CNN)

EPA targets air conditioner juice (HFCs) (DC)

Marijuana stays outlawed in Ohio: 65-35% vote (RT)

Mexico v China: manufacturing (QZ)

For color geeks: Pantone: How the world authority on color became a pop culture icon  · · · →

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