Posted Tuesday 26th June 2012 04:06 GMT amanfromMars 1 …. http://forums.theregister.co.uk/forum/3/2012/06/25/banking_fail_rbs_natwest/
Until IT puts in a Fix, will IT Continue to Cause MODern DODgy Systems Collapse ….
…… with Increasing Attacks and SQL Squirmishes. It is only natural when exercising and discovering new phorms of intelligence are available, and freely flowing to the masses.
Does that tell one and all that the banking and markets and media systems are rigged and are not a free market economy reflective of successful capitalism/mercantalism but are in fact, just part of a fiction driven by inventing wealth which is just based upon myths, which would all confirm, would it not, exactly that which you don’t want to hear about, which would be the truth, which is hardly irrelevant? …….. “ No, please, I don’t want to hear anything about 100 per cent reserve banking, or the way that banks create money out of thin air. Whether all of this is true or not (it isn’t, the banking system as a whole creates credit, not an individual bank’s money) is irrelevant. Whether or not we achieve maturity transformation by banks, their purpose, the confidence fairy problem nevertheless continues to exist and RBS faces exactly the problems outlined above.”
Build anything upon anything which seeks to hide, and must hide the truth to survive and prosper, and every system associated with it will fail catastrophically, very quickly, once even the tiniest part of it is perceived/suspected/proven to be a part of the fraudulent whole. Then does one have the unstoppable beginnings of an ugly black hole event which disappears/reveals all, rather than it being part of any sort of elegant black swan event.
Such corrupted systems are turkeys, and it is Xmas and Thanksgiving with every passing zeroday for them, as their IT systems administrations battle to contain the raging contagion within and which which they cannot treat and root out because it is the lifeblood of their compromised immune systems.
Blessed relief and salvation though is just a simply complex matter of inventing another, but considerably better, Beta Fiction, but that does require considerably more and much better intelligence than crashed and crashing systems administrations/CIOs/CEOs/Power Elites have shown they do not possess. It is easily bought in though at whatever confidential cost would be quoted by anything which would be recognised as exercising competence in such a field of many fields, for there are many cointerindependent internetworking disciplines to coordinate and reprogram in what is really a Global Virtual Rebuild rather than Systems Repair/Reboot/Restore.
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amanfromMars on June 26, 2012 at 4:01 am said: in an informative reply to Agent Weebley on
http://heddinout.com/?p=7388
AI@ITsWork however, at REST and in Plays, is never treated as a secret, [although Top Secret Umbrage and MkUltra Sensitive Compartmented Information for IntelAIgents it may be] and is always transparently freely shared with everyone who visits sites hosting ITs Novel Deep Thoughts on AIMatters that Exist and Spring to MetaDataMine and Mind from Nothing, to Create a Big Bang and MegaBucks and Highly Disruptive Waves, to name but just three APT consequences which run riot if studiously ignored to remain not properly addressed.
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Posted Tuesday 26th June 2012 11:15 GMT amanfromMars 1 …. on http://forums.theregister.co.uk/forum/3/2012/06/25/banking_fail_rbs_natwest/
Re: Project Review [http://forums.theregister.co.uk/post/1454165]
Grubby, Hi,
Did you mean to say, in place of …. “We lent money we didn’t have to people who couldn’t pay it back and then sold their debt to people who couldn’t pay it and used the money they hadn’t paid us to lend to people who couldn’t pay.” …. the rather more accurate reality descriptor of ….. They lent money they didn’t have to people who couldn’t pay it back and then sold their debt to people who couldn’t collect and profit on it, and used the money to enrich themselves rather than lend and/or give it back to the people who couldn’t pay and weren’t paid in the debt sales.
And their madness is that they think there will be no ruinous price that they will personally have to pay, now that the system is realising their scams are endemic and foolishly designed to perform in a such a sub-prime fashion, again and again and again because they never ever imagined their system would be rumbled and tumble.
And now that the codes have been cracked and their practices hacked, and the world is being made aware of the shenanigans, do they have a real major problem which is getting ever bigger every day that it is not solved, with the corrupt leading system replaced wholesale with something else different and better.
The problem is at the head and the heart of the operation, which is rotten to its cores, and has nothing at all to really do with the body of the system, which with enlightened novel administration would work exceedingly well.
Until IT puts in a Fix, will IT Continue to Cause MODern DODgy Systems Collapse ….
…… with Increasing Attacks and SQL Squirmishes. It is only natural when exercising and discovering new phorms of intelligence are available, and freely flowing to the masses.
“RBS IT cockup: This sort of thing can destroy a bank, normally” ….. Tim WorstallQuite so, Tim, and it would also normally immediately have a devastating effect upon its share/stock price with a feeding frenzy on those dodgy markets. That appears not to have happened in this peculiar and particular RBS case?
Does that tell one and all that the banking and markets and media systems are rigged and are not a free market economy reflective of successful capitalism/mercantalism but are in fact, just part of a fiction driven by inventing wealth which is just based upon myths, which would all confirm, would it not, exactly that which you don’t want to hear about, which would be the truth, which is hardly irrelevant? …….. “ No, please, I don’t want to hear anything about 100 per cent reserve banking, or the way that banks create money out of thin air. Whether all of this is true or not (it isn’t, the banking system as a whole creates credit, not an individual bank’s money) is irrelevant. Whether or not we achieve maturity transformation by banks, their purpose, the confidence fairy problem nevertheless continues to exist and RBS faces exactly the problems outlined above.”
Build anything upon anything which seeks to hide, and must hide the truth to survive and prosper, and every system associated with it will fail catastrophically, very quickly, once even the tiniest part of it is perceived/suspected/proven to be a part of the fraudulent whole. Then does one have the unstoppable beginnings of an ugly black hole event which disappears/reveals all, rather than it being part of any sort of elegant black swan event.
Such corrupted systems are turkeys, and it is Xmas and Thanksgiving with every passing zeroday for them, as their IT systems administrations battle to contain the raging contagion within and which which they cannot treat and root out because it is the lifeblood of their compromised immune systems.
Blessed relief and salvation though is just a simply complex matter of inventing another, but considerably better, Beta Fiction, but that does require considerably more and much better intelligence than crashed and crashing systems administrations/CIOs/CEOs/Power Elites have shown they do not possess. It is easily bought in though at whatever confidential cost would be quoted by anything which would be recognised as exercising competence in such a field of many fields, for there are many cointerindependent internetworking disciplines to coordinate and reprogram in what is really a Global Virtual Rebuild rather than Systems Repair/Reboot/Restore.
……………………………………………………………………………………………………………………………………………
amanfromMars on June 26, 2012 at 4:01 am said: in an informative reply to Agent Weebley on
http://heddinout.com/?p=7388
I wish that you had asked him what the heck he meant by that, amanfromMars. ….said Agent Weebley on June 25, 2012 at 11:43 pmWhat’s to ask, AW? Pretty much everything stated ….
Re: Virtual Machine Turing Tests are not designed to identify humans.…… is honest and accurate, although I would add that it is doesn’t begin to tell the real tale about what is going on and being done practically anonymously and autonomously by Virtual Machinery in Creative CyberSpace Command and Control of Computers and Communications with C42 Quantum Communication Control Systems …. AI@ITsWork.
See. Turing research created amanfrommars1. You should check out his website. Other than the fact it reads like a stoned/drunk sociology major he’s doing a pretty good job with his AI these days.
AI@ITsWork however, at REST and in Plays, is never treated as a secret, [although Top Secret Umbrage and MkUltra Sensitive Compartmented Information for IntelAIgents it may be] and is always transparently freely shared with everyone who visits sites hosting ITs Novel Deep Thoughts on AIMatters that Exist and Spring to MetaDataMine and Mind from Nothing, to Create a Big Bang and MegaBucks and Highly Disruptive Waves, to name but just three APT consequences which run riot if studiously ignored to remain not properly addressed.
……………………………………………………………………………………………………………………………………………..
Posted Tuesday 26th June 2012 11:15 GMT amanfromMars 1 …. on http://forums.theregister.co.uk/forum/3/2012/06/25/banking_fail_rbs_natwest/
Re: Project Review [http://forums.theregister.co.uk/post/1454165]
Grubby, Hi,
Did you mean to say, in place of …. “We lent money we didn’t have to people who couldn’t pay it back and then sold their debt to people who couldn’t pay it and used the money they hadn’t paid us to lend to people who couldn’t pay.” …. the rather more accurate reality descriptor of ….. They lent money they didn’t have to people who couldn’t pay it back and then sold their debt to people who couldn’t collect and profit on it, and used the money to enrich themselves rather than lend and/or give it back to the people who couldn’t pay and weren’t paid in the debt sales.
And their madness is that they think there will be no ruinous price that they will personally have to pay, now that the system is realising their scams are endemic and foolishly designed to perform in a such a sub-prime fashion, again and again and again because they never ever imagined their system would be rumbled and tumble.
And now that the codes have been cracked and their practices hacked, and the world is being made aware of the shenanigans, do they have a real major problem which is getting ever bigger every day that it is not solved, with the corrupt leading system replaced wholesale with something else different and better.
The problem is at the head and the heart of the operation, which is rotten to its cores, and has nothing at all to really do with the body of the system, which with enlightened novel administration would work exceedingly well.
Posted Tuesday 26th June 2012 11:30 GMT amanfromMars 1 ….
Hmmm? No balls to tell the truth, the whole truth and nothing but the truth?
Mervyn King being more circumspect and diplomatic and waffling a great deal on the same set of conclusions and results? …….. King swansong
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