One who intends to leave others better off for his having existed.


When what lives dies and/or matter disintegrates, does what was become part of something else?

If something started everything and everything’s the same only different
is everything everything?

If there was, is, and will be only so much stuff
how old are you?

It’s a good thought
Karly Hartzman
On Reincarnation

If what is, is until it’s not
is non-sentiency more probable than sentiency?

Could there be other universes with sentient life
inside this one?

When you recall, are you remembering,
or are you remembering the last memory of a recollection?

Is present experience relative to the past,
or memories of the past?

Is what you used to look like,
what you see in a mirror?

The opposite of a correct statement is a false statement
The opposite of a profound truth may well be another profound truth
Niels Bohr

Radom Chaos

If winning isn't everything
why do they keep score?

Vince Lombardi

Bon Iver's "Michicant" by Karly Hartzman

John Mayer - Stop This Train (Cover sung by Karly Hartzman, Guitar by Memoria)

Karly Hartzman "Kids" by: MGMT (cover)

8th Avenue by: Hospitality (cover) by Karly Hartzman 1:45

Edelweiss (cover) by Karly Hartzman 1:27

Karly Hartzman; "Take Me to Church" By: Hozier (cover)


"Puerto Rico’s governor says island cannot pay back $70 billion in debt"

"The governor of Puerto Rico has decided that the island cannot pay back more than $70 billion in debt, setting up an unprecedented financial crisis that could rock the municipal bond market and lead to higher borrowing costs for governments across the United States.

Puerto Rico’s move could roil financial markets already dealing with the turmoil of the renewed debt crisis in Greece. It also raises questions about the once-staid municipal bond market, which states and cities count on to pay upfront costs for public improvements such as roads, parks and hospitals.

For many years, those bonds were considered safe investments — but those assumptions have been shifting in recent years as a small but steady string of U.S. municipalities, including Detroit, as well as Stockton and Vallejo in California, have tumbled into bankruptcy.

...At one point in 2013, an estimated three out of four municipal bond mutual funds held Puerto Rican bonds, which were attractive because of their high yields and exemption from federal, state and local taxes.

Puerto Rico’s governor, Alejandro Garcia Padilla, will seek concessions from creditors...

...A U.S. commonwealth with a population of 3.6 million, Puerto Rico carries more debt per capita than any state in the country.

...until now the government has been able to keep things moving by cutting spending and borrowing more and more money on Wall Street.

...Beyond the bond debt, the island owes some $37 billion in pension obligations to workers and former workers."

"The world is defenceless against the next financial crisis"

"...The world will be unable to fight the next global financial crash as central banks have used up their ammunition trying to tackle the last crises, the Bank of International Settlements has warned.

The so-called central bank of central banks launched a scatching critique of global monetary policy in its annual report. The BIS claimed that central banks have backed themselves into a corner after repeatedly cutting interest rates to shore up their economies.

These low interest rates have in turn fuelled economic booms, encouraging excessive risk taking. Booms have then turned to busts, which policymakers have responded to with even lower rates.

...“Persistent exceptionally low rates reflect the central banks’ and market participants’ response to the unusually weak post-crisis recovery as they fumble in the dark in search of new certainties.”

...“Rather than just reflecting the current weakness, they may in part have contributed to it by fuelling costly financial booms and busts and delaying adjustment. The result is too much debt, too little growth and too low interest rates.

...Extraordinarily low interest rates are not a “new equilibrium” said Jaime Caruana, general manager of the BIS, rejecting the theory of so-called “secular stagnation” which some economists blame for the continued decline in global lending rates.

...The economies worst hit by the last crisis are now suffering the costs of persistent ultra-low rates, the organisation said, which could “inflict serious damage on the financial system”, sapping banks and weakening their balance sheets and their ability to lend.

And the continued misallocation of resources during busts prompted by central banks’s rock-bottom interest rates has also hammered productivity growth, the BIS said, as a prolonged reliance on debt had been used in its place.

...This problem is compounded as the world’s populations continue to age, the organisation warned, making debt burdens harder to bear. Yet politicians have relied too much on temporary growth boosts by using debt, rather than making painful choices, said the BIS.

...The BIS said that the current turmoil in Greece typified the kind of “toxic mix” of private and public debt being used as a solution to economic problems, rather than making the proper commitment “to badly needed” structural reforms.


Greece; Dear Ben Bernanke; Don't steal from my kids

The Fed did the Europeans a favor.

Joseph Gagnon
former Fed official

"The central banks of the wealthiest countries,
trying to prevent a debt crisis in Europe
from exploding into a global panic,
swept in making it easier borrow American dollars.

With what money from where?

Central banks will make it cheaper borrow [US] dollars,
the dominant currency of trade.

Who is qualified by what metric
to borrow how much from whom?

To get the dollars to lend,
central banks go to the Fed and exchange their currency
for dollars under a special swap program.

What could happen
if a central bank prints currency for collateral
for printed money in return
and then do it again and again
untill gasoline is $10 per gallon?

...The coordinated action was a demonstration
of how interconnected the world financial system is,
and that the debt loads of countries like Italy and Greece
are everyone else's problem, too.


Did some economic and political leaders
bail themselves and their compatriots out of their own mistakes,
by pledging trillions of debt and newly created money,
knowing the consequences would be handed down
to many who may be unaware
including the unborn of following generations?