Re: my journal 3 
Yesterday i was talking to my father about the state of things in America and he said that the balance of powers in a democracy is never permanently stable. Take Hitler, he had complete control of the country for how long? Not long before he lost everything. Same for Mussolini. And Franco? He said that Franco didn't have a totalitarian regime. So basically my father said that totalitarian regimes like Nazism and Communism can only last so long before something or someone topples them.
He said there's a desire by every actor (person or company) to become a monopoly, and have all the power and control, but the most frequent situation is the oligopoly. And even in the oligopoly the actors at play are always fighting each other - the alliances are changing, the share of power among them is changing, etcetera.
So I told him: ok, but you do agree that politicians should be fighting against the oligopoly of these companies, and so at which will you acknowledge that the politicians in the US have totally lost control of the situations? When will you agree that the powers in the US are not balancing each other any more (no politics, no free press) and there's an effective dictatorship by the corporations?
He agreed with me that if, as I predict, the majority of americans will be chipped with RFID chip under Obamacare, then it will be a fact. Then he will agree that I was right.
It's pretty disappointing, but at least we reached an agreement on something. It's like I am telling him that the plane is crashing because of what I can see from the window, and he says "ok, when we'll hit the ground, then I'll agree with you".
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Read: E.P. Chan, Cogneau - Hubner, Martin Sewell, Gail Tverberg. Search: expected shortfall, historical VaR, Monte Carlo VaR, extreme value theory.
Last edited by travis; Jun 19, 2012 at 7:20am.
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