The Coyote Report Political News Blog of a different kind

Hard Asset vs. Soft Asset Manager

On the Nature & Philosophy of Financial Instability and Application to the Current Financial Crisis Part V Hard Asset vs Soft Asset Manager By Julian Sanchez, PhD Read: Circuit Systems and our Financial Crisis – Part I Read: Functions of Taxpayer Bank and the Market – Part II Read: The Pros and Cons of a [...]

Economy

ECONOMY The Roots of our current Great Recession have 3 Principal components: The exporting of American jobs under the misnomer ‘Free Trade’, the deregulation of American communications and financial industries under the misnomer ‘Free Markets’, and the promotion of American hegemony in the Iraq War under the misnomer ‘Spreading Democracy’ …or whatever the reason was [...]

Politics

POLITICS Open Letter to President Barack Obama from Alumni Group of Intelligence Officials formed to Chronicle and Halt Bush Administration Corruption of Intelligence – Veteran Intelligence Professionals for Sanity, CommonDreams.org Iraq gets ready for the Yanks to go home – Patrick Cockburn U.S. Needs a Holistic, Cradle-to-Grave System of National Health Care – Carol Miller, [...]

Role and Purpose of Taxpayer Bank Hard Asset Managers

The Hard Asset Manager must work with suppliers for controlled release of assets. In the case of houses, the major suppliers are the homebui lders. The Hard Asset Manager should work with homebuilders to establish a release program so that both the government and the homebuilders can establish the supply each are contributing to the market.

The Pros and Cons of a Taxpayer Bank

The most attractive time for the taxpayer bank to purchase loans is when there is a significant drop in the price of the bank stock. In the case of National City Corp., (whose purchase by PNC Financial Services in late 2008 for about $5.2 billion in stock was supported by U.S. Treasury funds), the returns were as high as 1650% for the capital injected by the taxpayer bank.

Functions of Taxpayer Bank and the Market

The taxpayer bank can be viewed as the buyer of last resort. In essence this bank will purchase loans at the originated face value for the discounted assets and the difference received in equity. The equations governing the returns for both the government and the shareholders are defined in “Analysis and Solution to the Current Financial Crisis”

Interesting News

INTERESTING NEWS Following World War II, the US tried Japanese captors for war crimes against American POWs and hung those convicted of acts such as waterboarding – PolitiFact.com, St. Petersburg Times Honda is learning to connect human thoughts directly to robotics – Yuri Kageyama Pentagon Research to Regrow Soldier Limbs – Noah Shachtman, Danger Room [...]

Republican Party Today

McCain said that he is relying on the circle of friends he has developed over many years, like Phil Gramm and Randy Scheunemann. Some economists blame McCain's economic advisor Phil Gramm for the mortgage crisis, while Ron Paul accuses Washington for escalating the Georgia-Russia conflict

Circuit Systems & our Financial Crisis I

The purpose of financial systems is such that a gain is produced for each dollar invested into a given instrument. This gain in nature is similar to gain produced by a circuit that amplifies. However, any circuit that produces gain suffers from instability. The solution to eliminate such instability is to couple the output to input with negative feedback. Without automated negative feedback, the circuit will require excessive manual controls and high quality low tolerance components which are expensive and require constant maintenance to implement the negative feedback.

International Updates

INTERNATIONAL UPDATES The far right is on the march again: the rise of fascism in Austria – BILLY BRIGGS The Long, Dark Night of Pakistan – FAWZI AFZAL-KHAN JOKE OF THE DAY: I was depressed last night so I called Lifeline… Got a freakin’ call center in Pakistan. I told them I was suicidal. They [...]