American Algebra

If you haven't heard, RI is merging with RJC

so now, here's a simple equation to simplify it all.

RI + RJC = RI
RJC = RI - RI
RJC = ZERO, since -RI is the multiplicative inverse of RI in group theory and RI + (-RI) = 0

RJC IS THE ZERO ELEMENT in group addition theory.

Woohoo! Sorry bad post. I haven't been blogging nowadays. Just too lazy haha.

Anyway, for those who want a simple crash course on the events that have led up to the current sorry state of affairs in the economy, here goes

1) People want to buy house, but no money
2) Bank got money, so they loan to the people
3) BUT they scared these people default cos they damn poor and are all like Joe the Plumber
4) So they decide to package these mortgage loans as securities to sell to investors, transferring the risk of failure to them
5) Investors, being the smart asses they are, buy insurance from AIG to cover their investments from failure, fail through or default.
6) So, in the end, the good old dumb Americans have no money to pay up their loans
7) The loans default
8) The banks have nothing to do with it
9) Because the investors are burdened with the risks
10) But the investors bought insurance!
11) So the claims start flooding AIG
12) AIG starts to sweat cos they forgot to regulate their insurance quotas
13) AIG runs out of money to pay the claims
14) Investors look at the banks for answers
15) Bank goes bankrupt since they were the issuer of the securities and may also be the investor themselves.
16) Assholes in the market short sell in anticipation of a share freefall.

BOOM!

You know, after studying financial mathematics, I realized the biggest problem with the assumptions that everyone forgot about something.

GREED.

You see, Human Greed is variable. I don't see this popping up in my equations anywhere. Yeah maybe that utility function might account for it, ah but please, risk seeking my ass.

I wonder whether education is a commodity I should invest in. Hmm. Seems pretty recession proof.

$$

Auditor's one line report on Lehman Brothers Balance sheet . :
'There are two sides to a Balance Sheet. - Left & the Right (Liabilities and Assets respectively), on the Left side there is nothing right… and on the right side there is nothing left '

Funny. haha.

Destination Europe

Ok. Next Year from 10 May - 10th June 2009, I'll be in the following countries

1) London
2) Portugal
3) Spain
4) Switzerland
5) France
6) Italy
7) Ireland
8) Austria

Eh wait. That's 31 days, for 8 countries. Looks like we need to revise the duration... haha.

And erm, I think I just got a year's supply of biscuits and chocolates from Europe. Woohoo!

Fit as a fiddle

Sit Ups 38
Standing Broad Jump 239 cm
Chin Up 8
Shuttle Run 9.9s
2.4 11.35 mins

Wow. Hunky Hansel's back. haha.
Thanks SAF for $200. Gonna bring down the house at Bedok Block 85 tomorrow.

Woooot!

Kermit The Frog? Nah. Kermit The Turtle

garbage

Is it hell week 2 or hell week 3? i'm losing count of my hell weeks.
today is going to be another shit day, studying mathematics and phonetics.

man. i'm just treading on that very thin line. go to the left and it's effectively over. i can party for the next 9 months of my life.
step to the right and certainty becomes an uncertainty, where you could have wished 9 months ago that you put everything behind and do something else, or you land up with a very nice looking cert that doesn't seem to help you very much.

ah whatever. fuk. what a waste of time. this stupid last year of education.

12.54pm

It's 12.54pm.
My brain's having a bad cramp
from the masochistic statistical tramp

It's 1.03pm.
Have a break,
Have a Kit Kat
I'm taking a mini-break,
so I'm having a Tic Tac

Can't seem to create a poem out of this crap.

Someone right now is leaving their apartment
Looking down at the street, wondering where there car went
Someone in the car sitting at a signal
In front of a restaraunt, staring through the window
at someone right now with their finger in their teeth
Who could use a little floss right across the street
there's somebody on the curb who really needs a jacket
spent half the rent at a bar getting plastered
Now he gotta walk fourteen blocks
to work at a shop where he's about to get fired.
Someone right now is looking pretty tired
Staring at a laptop trying to get inspired
Somebody living right across the street
She wrote the best things she's written all week
but her best friends coughing up blood in the sink
Can't even think what happened, feeling so confused
And he knows it looks bad but there's nothing he can do
I wonder what it's like to be right there in his shoes

[Chorus]
But no I'm just taking it in
Out the window of a hotel bedroom again
Tommorrow I'll be gone I don't know when I'll be back
But in this world everything can change just like that,
Like that

Yo somebody right now is dropping his vote inside a box
And trying not to get shot in his throat
For the act of freedom right now somebody is stuck in Iraq
Hoping that he gets shipped back breathing
in a war that he's not really sure of the reasons
So we show our support when the press mislead them
Though we more then remain proud and salute the troops
get some I know you boys got some work to do
Meanwhile right now someones 25 to life
And is standing on the corner with their thumb up hitchiking
Stretching off a lotto ticket hoping for a real winner
Sneaking through the border just to work and to eat a real dinner
Right now someone wishes they were you and I
instead of second guessing freedom thoughts of quiet suicide
But right now I'm staring at the window at a frame
with holes in his arm and holes in his jeans
he pulled out his cigarette sparked the light
And walked right around the corner just outta my sight

But yo I'm just taking it in
From the second story hotel window again,
The TV's on, and my bags are packed,
But in this world everything can change just like that,
Like that

[Repeat]

Ya right now somebody sitting in the darkness
Trying to figure out how to put some heat in their apartment
But they got a little mattress and a little carpet
And they appreciate it 'cause some people on a park bench
You see them when you rushing to get to the office
wife robbed blind when she coming from the market
Right now somebody coming out from the pocket
Trying to dump that rock they run around the block with at
The same time the cops is raising the glock with aim
To fill your legs and back with some hot shit
Right now somebody struggling to stop this man
Who's kick and punching and cussing at the doctors
Down the hall the child taking his first breath
The doctors ain't even passed him to the nurse yet yo
I wonder if he understands what it's worth yet
Like the time spent while we here on the earth yet
The answer to the question that we all seek
can be found depend on how free y'all think
Right now it's somebody who ain't eat all week
That would kill for the shit that you throw away in the street
I guess one man's trash is the next man's treasure
One mans pain is the next mans pleasure
one say infinity the next say forever
right now everybody got to get it together man

I'm just taking it in another strange hotel lobby again
Put my luggage on my back I don't know where I'm at
I'm in world where we all change just like that,
Like that, like that, just like that, like that, just like that