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| | Tavakoli Structured
Finance, Inc. |
| | "Of
course, there is still much work to be done. That means honestly confronting
the crisis of Islamic extremism and the Islamists and Islamic terror of all
kinds." -- President Trump in Riyadh
"Where are you headed, Europe? Rise from your knees
and from your lethargy, or you will be crying over your children every
day." -- Polish Prime Minister Beata Szydlo
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| | Risk Management and Tax Irony (Oct 20, 2018)
Yesterday,
PRMIA, “a non-profit, member-led association dedicated to defining and
implementing the best practices of risk management ,” sent a survey asking how
it can help women risk professionals. It wants to be more “inclusive.”
First Question:
Are you 1) male, 2) female, 3) binary?
I stopped there
and responded as you might expect and invited PRMIA to call me to discuss it directly.
Pushing the anti-female transgender ideology
harms, not helps, women. This is Soviet-style ideological subversion.
My favorite
article on this topic is from a man I’d never heard of before until this morming, Leo McKinstry. “We
must halt this transgender madness– it is hurting woman and girls, blasts
Leo McKinstry. Transgender
ideology continues to tighten its demented grip on our society, destroying the
rights of women, ruining the innocence of childhood and making a mockery of
biological science.”
Thank you, Mr. McKinstry, for putting it so well.
If you agree with me on this topic, consider liking or
retweeting the link on my
twitter feed . Twitter tries to make these views invisible by shadow banning them.
But Jack Dorsey is beginning to reap what he sowed.
Twitter
Tax Irony
Jack Dorsey is complaining that San Francisco proposes to
tax his companies at a rate higher than his peers (according to Jack) to fund
its massive homeless problem.
Who did Jack think would pay for the feckless policies that
he and his Twitter censors so rabidly support?
Jack, San Francisco shouldn’t lower your taxes, they
should bring your peers’ taxes to parity with yours (if they aren’t already).
You asked for every bit of this. |
| | The Limits of Delusion (Oct 18, 2018)
I believe the Democrat Party is losing members, because it became too radical and "progressive" for many members. Last night Tucker Carlson interviewed a newly fired local Democrat Party leader who had written a Facebook post a year ago: "I stand for the flag. I kneel for the cross." Apparently that isn't supportive of the new Leftist agenda. Former moderate Democrats are now moderate Independents or moderate Republicans.
The Leftists' misguided agenda is, at times, dangerous to the safety and well-being of society. I submitted a letter about one such agenda to The Financial Times. It wasn't printed by them. Here is the text of the letter:
Sophia Gaston presupposes feminists and transgender
activists have “become enemies”. (“Gender fluidity leaves policymakers
floundering,” October 12). Perhaps they have, but if so, it seems to be a
recent development.
Apparently some feminists do not want women to be referred
to as “womxn.” Feminists compromised themselves in the interest of gaining
“progressive” political allies, and now it has backfired on them.
Many women—I include myself among them—are not bothered by this at all. The reason is
simple. I don’t care what transgender activists believe or demand. I won’t ever
refer to women as “womxn,” and I won’t bother editing their writing.
Biology isn’t changed by beliefs. There are only two
genders: male and female. In rare cases, men are born with Kinefelter syndrome
and have XXY chromosomes, but they are still male.
Recently, press in the UK reported that “transgender” Karen
White (a legal name change?), born male, raped two women, was jailed, and then
sexually assaulted two female inmates. He used his “transgender” status to gain
access to vulnerable women.
Girl Guide Leader Helen Watts was fired for objecting to
“transgender” boys sharing tents and other private areas with girls. She was
concerned for the safety of the girls. Misguided ideology puts women at risk.
In Arsenic and Old Lace, the elderly deranged aunts
pandered to their nephew’s delusion that he was Teddy Roosevelt, because it
made him happy.
There’s nothing wrong with making “transgenders” feel happy.
But tolerance and understanding should be combined with treatment and
prevention, as U.S. psychiatrist Dr. Paul McHugh has recommended. More than
that, understanding and tolerance must have boundaries for the safety,
happiness, and health of society as a whole.
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| | Wall Street’s New Alphabet Soup (Sept 29, 2018)
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| | Influence, Mind Control, and Rhetological Fallacies
In my novel, Archangels, a
targeted PSYOP is used against the protagonist.These techniques are surprisingly
effective in practice.
Today marks the first release of the large print edition of Archangels for the
minority of people who prefer that format. It conforms to N.A.V.H. standards, except
the spine isn’t as flexible. But one can bend it back to lay flat, if desired. |
| | Citi Resurrects Synthetic CDOs, Bane of the Credit Crisis
Sridhar Natarajan, Dakin Campbell and Alastair Marsh of Bloomberg authored an excellent take on Citi's claims (September 26, 2017) "Citi is Bringing Back One of the Most Infamous Bests of the Credit Crisis." The bottom line is that the risk is mispriced. Oh, but Citi claims this structure is safer.
Here's an excerpt:
“There is a whole generation
of people in finance who never knew or forgot what the problems were with synthetic CDOs,” said Janet Tavakoli, a 30-year veteran of the financial markets who runs a consulting firm and has written books on structured credit and CDOs. “Just as derivatives can lever up the upside, they can lever up the downside.” |
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