Tuesday, March 10, 2009

OBAMA:OR THE MODERN PROMETHEUS

In 1818 Frankenstein: or the Modern Prometheus by Mary Shelley was first published.


Today he was reborn, on his 200 birthday in 2018 will we all be "MONSTERS" Once you allow no "rules" in science, "Monsters will surly follow.


Yes, everyday we move closer to that "BRAVE NEW WORLD"


VJ Machiavelli


DIFFERENT PRESIDENTS, A DIFFERENT CORPS OR BUSH YES OBAMA NO



A very interesting video so far 363,636 views on You Tube

Please fee free to comment.


VJ Machiavelli

Monday, March 9, 2009

IT IS TIME FOR NY1 NEWS AND AL"THE FIX"D'AMATO TO SAY WERE ARE SORRY FOR USING THE TERM WISEGUYS


NYPD approaches 100th anniversary of its only overseas death
BY JOHN MARZULLI 
DAILY NEWS STAFF WRITER
Sunday, March 8th 2009, 2:26 AM

One hundred years ago, the NYPD's only secret weapon in the war on terror was a brave lieutenant known in Little Italy as "the Detective in the Derby."
The terrorists of that time were called the Black Hand, ruthless gangsters who preyed on Italian-American immigrants, and Lt. Giuseppe (Joseph) Petrosino was dispatched to Sicily on an intelligence-gathering mission.
Petrosino was ambushed by gunmen near a statue of Garibaldi in downtown Palermo. Thursday will mark the 100th anniversary of Petrosino's assassination, the only cop murdered overseas in the department's history.
"Giuseppe Petrosino was a pioneer among Italian-Americans in policing, and among investigators everywhere as an expert on organized crime who ... recognized its evils and who sacrificed his life trying to stop its reach into American life," Police Commissioner Raymond Kelly said.
Petrosino's legend is largely unknown outside the NYPD, although he was the subject of a 1960 film called "Pay or Die," starring Ernest Borgnine. A school in Long Island City and a tiny park in lower Manhattan near a tenement where he lived have been named after him.
At least four Petrosinos followed his great gumshoe-prints into law enforcement - nephews Prospero and James were in the NYPD.
Grandnephew Joseph Petrosino is a prosecutor in the Brooklyn district attorney's office. His son Joseph Petrosino is a rookie cop in Jackson Heights, Queens.
The prosecutor said his grandmother took him to see the film at the Bliss Theater in Queens, near Calvary Cemetery, where the hero is buried.
"My grandmother spoke mostly Italian, but I remember she used used to say, 'He was such a good man,'" Petrosino told the Daily News. "I am proud of him. It's terrific to have him as an ancestor. I wanted to be one of the good guys, too."
Thomas Reppetto, author of "NYPD: A City and Its Police," said Petrosino was the forerunner of New York detectives functioning as intelligence officers in other countries - an investigative tactic Kelly has expanded to station detectives in Tel Aviv, London and Singapore on counterterrorism assignments.
"The 100th anniversary of Petrosino's murder reminds us of the dangers faced by the 21st century NYPD," Reppetto said.
Petrosino lay in state at St. Patrick's Cathedral and 250,000 spectators paid their respects, the author said.

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I wonder how the NY1 News will celebrate

I call on NY1 News to get rid of that name NY 1 Wiseguys
Al' The Fix' D'Amato and NY1 News need to "SAY I AM SORRY TO ALL WHO HAVE DIED" the use of "NY 1 Wiseguy" is ANTI ITALIAN and damages the postitive image italians it needs to end now on the 100 anniversary of his death.

I CALL ON ALL ITALIAN TO STAND UP AND BE COUNTED IT IS TIME TO END THE MEDIAS IMAGE OF ITALIANS AS 'WISEGUYS, GANGSTER, MURDERS, DRUG DEALERS, ETC, ETC FOR ACTION.

VJ Machiavelli
NO MORE SCHUMER
NO MORE PELOSI

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Sunday, March 8, 2009

OBAMA MUST FAIL IN HIS QUEST TO FUNDAMENTALLY CHANGE AMERICA

Folks if Obama succeeds he will "FUNDAMENTALLY CHANGE AMERICA" I don't want the "CHANGE" he WANTS.

Therefore "HE MUST FAIL", his "FAILURE" will be "OUR" victory and there will be "NO FUNDAMENTAL CHANGE"


Those who want him to succeed are cutting their own throats, with their own knife.


Those who voted for him and he did tell everybody he was going to "FUNDAMENTAL CHANGE AMERICA" are the ones who made a snow ball and rolled it down the top Mount Everest if you don't break it up in the beginning their is no way of stopping it from destroying everything it its path.


So his policies must fail therefore he must fail, it that simple.


The Republican Party needs to be the agent that causes his policies to fail (Not become Law) and therefore he has failed as the President.


Just like all those Democrats that wanted Bush and his polices to fail.


VJ Machiavelli
NO MORE SCHUMER
NO MORE PELOSI

Friday, March 6, 2009

HOW THE MANCHURIAN FORMULA ELECTED OBAMA AND RUINED WALL STREEET

It was all Bush's fault, thats all we heard from Obama, Biden, the media, and even those "Conservatives" who switched rather than fight. But, Wired has gotten down to the real villain the "MANCHURIAN FORMULA" added by the "GREED" of the "RICH" who made "BILLIONS"

Wednesday, March 4, 2009

HOW DAVID X LI FORMULA KILLED WALL STREET OR YOU ALL THOUGHT IT WAS GEORGE BUSH'S FAULT

Recipe for Disaster:The Formula that killed Wall Street

A year ago, it was hardly unthinkable that a math wizard like David X. Li might someday earn a Nobel Prize. After all, financial economists—even Wall Street quants—have received the Nobel in economics before, and Li's work on measuring risk has had more impact, more quickly, than previous Nobel Prize-winning contributions to the field. Today, though, as dazed bankers, politicians, regulators, and investors survey the wreckage of the biggest financial meltdown since the Great Depression, Li is probably thankful he still has a job in finance at all. Not that his achievement should be dismissed. He took a notoriously tough nut—determining correlation, or how seemingly disparate events are related—and cracked it wide open with a simple and elegant mathematical formula, one that would become ubiquitous in finance worldwide.
For five years, Li's formula, known as a Gaussian copula function, looked like an unambiguously positive breakthrough, a piece of financial technology that allowed hugely complex risks to be modeled with more ease and accuracy than ever before. With his brilliant spark of mathematical legerdemain, Li made it possible for traders to sell vast quantities of new securities, expanding financial markets to unimaginable levels.
His method was adopted by everybody from bond investors and Wall Street banks to ratings agencies and regulators. And it became so deeply entrenched—and was making people so much money—that warnings about its limitations were largely ignored.
Then the model fell apart. Cracks started appearing early on, when financial markets began behaving in ways that users of Li's formula hadn't expected. The cracks became full-fledged canyons in 2008—when ruptures in the financial system's foundation swallowed up trillions of dollars and put the survival of the global banking system in serious peril.
David X. Li, it's safe to say, won't be getting that Nobel anytime soon. One result of the collapse has been the end of financial economics as something to be celebrated rather than feared. And Li's Gaussian copula formula will go down in history as instrumental in causing the unfathomable losses that brought the world financial system to its knees.
How could one formula pack such a devastating punch? The answer lies in the bond market, the multitrillion-dollar system that allows pension funds, insurance companies, and hedge funds to lend trillions of dollars to companies, countries, and home buyers.
A bond, of course, is just an IOU, a promise to pay back money with interest by certain dates. If a company—say, IBM—borrows money by issuing a bond, investors will look very closely over its accounts to make sure it has the wherewithal to repay them. The higher the perceived risk—and there's always some risk—the higher the interest rate the bond must carry.
Bond investors are very comfortable with the concept of probability. If there's a 1 percent chance of default but they get an extra two percentage points in interest, they're ahead of the game overall—like a casino, which is happy to lose big sums every so often in return for profits most of the time.
Bond investors also invest in pools of hundreds or even thousands of mortgages. The potential sums involved are staggering: Americans now owe more than $11 trillion on their homes. But mortgage pools are messier than most bonds. There's no guaranteed interest rate, since the amount of money homeowners collectively pay back every month is a function of how many have refinanced and how many have defaulted. There's certainly no fixed maturity date: Money shows up in irregular chunks as people pay down their mortgages at unpredictable times—for instance, when they decide to sell their house. And most problematic, there's no easy way to assign a single probability to the chance of default.

(more)

Everyone should read this story from Wired

Sunday, March 1, 2009

SANTELL STARTS THE 2009 TEA PARTY REVOLT

Rich Santell's starts the BOSTON TEA PARTY REVOLT



NEW YORK CITY TEA PARTY AT CITY HALL PARK-2-28-2009