Category > Guest Manifesto

October Comment of the Month on Credit Default Swaps

» 02 November 2008 » In Dope, Guest Manifesto, money » No Comments

October Comment of the Month on Credit Default Swaps

DevX left a very Manifesto-like comment on Credit Default Swaps: Down Economy breaking down the Truth.

Check it:

“MPM,

You’ve touched on the core of what is the reason for the financial collapse over the past few weeks.

The sad thing is, most people watching their CNNs and MSNBCs have no idea why they’re losing their shirt and will be led like chickens to the slaughter in the next few months. It will only get worse.

To explain what’s going down, let me first drop a bit of economic background. All around the world, banks must comply with what are known as Basel regulations. These regulations determine how much capital a bank has to have in reserve. The amount of reserve a bank needs depends on the quality of the loans on its books. The more risky your loans on books, the more capital you need.

What AIG (the main company to blame) did, was to get around these Basel rules by issuing out unregulated insurance contracts, known as credit default swaps, that didn’t require ANY collateral or real capital to back it up. I’ll get back to all this.

Here’s how the hustle worked. Say you’re a heistman (wall st. bank) that had a lot of extra goods (deposits) lying around. You’ve got some nice jewelry in the stash and figure that you could earn some extra cash if you were to rent it out and have someone else temporarily hold on to them. There are some broke folks (subprime borrowers) a few blocks down the street that are trying to look hood rich and will pay you damn near all of their disposable income to wear your bling. The only problem is, you don’t really trust these broke folks. And even if you did trust them, you’d only loan out about 1/3 of your stash (total deposits) to make sure you had enough of the stash in your house (capital reserves) just in case things fucked up.

One day the nighborhood boss (AIG) comes to you with a proposition. His lieutenants (mortgage companies) have been selling weed, DVDs, fake Louis Vitton bags to the broke folks for years. He’s almost always gotten his money back. He trusts that they will pay him back, because he’s got their respect and he knows their history.

The neighborhood boss (AIG) proposes that HE rents out your jewelry to the broke neighborhood folks. In fact, since you don’t really trust his people, what he’ll do is he’ll back up his word with an IOU (CREDIT DEFAULT SWAPS!!!) for just 2% of however much jewelry you want to loan out. If anyone in the neighborhood doesn’t pay the boss back, he’ll cover your entire losses out of his own pocket if you’ve got the IOU.

Now you’re loving this shit! You can earn the high rent (interest rate) by loaning out your jewelry (deposits) to the broke neighborhood folks (subprime borrowers), but you’re being backed by the neighborhood boss’s (AIG) IOUs (credit default swaps). You DEFINITELY trust the neighborhood boss because he’s old school from the days of Freeway Ricky Ross and has seen them all come and go. He’s got a solid rep.

In fact, you trust the boss so much, that you’re gonna loan out 95% of your stash. You KNOW he’s good for the payback, so why not make rent on as much of your stash as possible?

Well after a few months it turns out the neighborhood folks didn’t really have enough money to pay the rent for the bling. Between food, heat, bills, they just didn’t have the cash to keep up the hood rich lifestyle. And they all engraved their names on your jewelry so you can’t just take the jewelry back.

You’re pretty pissed about how that went down, but you’re not too worried yet. Remember that the neighborhood boss (AIG) sold you some IOUs just in case, so you plan on getting you’re money back.

Well as it turns out, you weren’t the only heistman (bank) the neighborhood boss was dealing with. He was doing business with hundreds of heistman across the country and giving out IOUs. The only problem was he didn’t have enough cash to back up all of these IOUs.

Now all the heistman are coming at the neighborhood boss with guns blazing AT THE SAME TIME asking for their goods back, but the boss doesn’t have nearly enough. He thought everyone would have paid him rent on time so he could keep up the hustle, but it didn’t turn out like that. Shit is about to get real ugly.

The local mayor (US gov’t) sees that a major war is about to break out in his neighborhood that’s going to take lives. If this war goes down, most of the heistman are going to get shot, the neighborhood boss DEFINITELY will get shot, and a lot of the neighborhood folks will get shot in the cross fire.

To ease the situation for a while, the mayor says he’ll pay off the heistmen and the neighborhood boss with some money he’ll raise by doubling property taxes next year.

At first the heistmen are cool with this proposal. Everybody stays alive, for now.

But then they start to wonder, how will they survive next year when the neighborhood folks have no money to rob?”

The Rest is Up to You…

Michael Porfirio Mason
AKA The Peoples Champ
AKA Your favorite International Playboy’s, favorite International Playboy
The Guide to Getting More out of Life
http://www.thegmanifesto.com

Kanye West ft. Rakim, Nas, & KRS One – Classic

Continue reading...

Tags: , , ,

Guest Manifesto: ENTER ACTION WITH BOLDNESS

» 30 October 2008 » In Crime, Dope, Guest Manifesto, Luxury, money, People, Style, Travel » 2 Comments

Guest Manifesto: ENTER ACTION WITH BOLDNESS

By DevX

(Click Here for The G Manifesto’s Best Halloween Costumes to Swoop Girls)

(Click Here for DevX’s Guest Manifesto: Bold Men CREATE Opportunities)

Most men are born timid, chances are — you were too. Most societies across the world today have promoted a culture of political correctness, conflict aversion, trend following, and a desire to be liked by all. And this isn’t entirely a bad thing. Going down this path will get you an OK house in the suburbs with a plain wife, 2.5 kids, and a dog named Spot. If this is a lifestyle you desire, stop reading now. For my real and aspiring G’s, please continue…

Bold Men Have Wills of Steel

One of my favorite UFC Fighters when I had time to watch TV was Tito Ortiz. The guy was a beast unleashed and if you had the misfortune of getting in his way when he was on a rampage, you were going to pay. He had a quote, which I try to live by that says: “RESPECT: I don’t earn it; I just fuckin take it!” But even as much as I admired the rawness of this cat, there’s another lesser known UFC Fighter who was a true man of boldness. Lee Murray. Let that name marinate for a bit.

Back in 2002, outside a London nightclub, Tito and Lee exchanged words, which eventually led to blows. Tito let out a left-right combo which both missed Lee. Lee then followed up with a 5 punch combo that knocked Tito the fuck out. COLD.

If that was the end of the story, he’d be an interesting side note in UFC history. But its what Lee did after which really impressed me with the strength of this man’s character (whether you agree with the DIRECTION of his character is another matter altogether).

In 2006, Lee was the alleged (ha! I love this word) mastermind behind the 53 million Pound CASH robbery from a British bank (about $100M US). He then fled to Morocco, which coincidentally(?) has no extradition treaty with England. The British gov’t has been coming after Lee since the robbery, but the Moroccan gov’t has steadily refused to give up Mr. Murray. (Side note: There are two women I have ever met that have given me the “Thunderbolt”, one was Moroccan.)

Lesson: I’m not recommending anyone going out and pull heists. Most people who try this would probably drop the ball and end up behind in the back seat of a squad car. What I DO recommend is that you find where you have an edge and adopt a mentality with an will of steel that was required for Lee to pull off what’s he’s done…while he was STILL in his 20’s. You have to have an unbendable vision of what you want, and anyone that stands in your way has to be dealt with accordingly.

Caution: Boldness without planning, boldness without information is leveraged stupidity. Do NOT do this. This is like doubling down when you have no edge. You will lose. Notice that Lee had a well executed after plan. Unlike many of the smash and grab low level criminals you find in major cities, he didn’t go back to his apartment or his mom’s house. He got out the country and went to a non-extradition country.

To win at chess, you have to see several moves ahead and anticipate your opponent’s move. If you don’t have the wisdom, the time, the STRENGTH OF WILL, and/or the balls to do this, stick to Checkers.

Source: Story adapted from 48 Laws of Power by Robert Greene

By DevX

ill bill & the beatnuts – yae yo

Continue reading...

Tags: , , , , , , , ,

Guest Manifesto: Bold Men CREATE Opportunities

» 29 October 2008 » In Crime, Dope, Guest Manifesto, money, Style » 2 Comments

Guest Manifesto: Bold Men CREATE Opportunities

By DevX

In 1925, 5 highly successful scrap metal dealers in France were invited to an official and highly confidential meeting with the “Deputy Director General of the Ministry of Post and Telegraphs” at the Hotel Crillon, then the most luxurious hotel in Paris. (Imagine this). The men had NO idea why they were invited and were overwhelmed with curiosity. Eventually, the director stepped into the room and addressed the men. He told the men that the French Government had decided to tear down the Eiffel Tower . Maintenance costs were too high, the gov’t was in debt and simply wouldn’t put up the money to upkeep it. At the time (this was in the 1920’s) Parisians thought the tower was a boondoggle, and eyesore, so this plan made sense at the time. The dealers saw this as a golden opportunity and saw they could make a killing selling the scrap metal on the open market.

The director invited all five men to propose bids on the project. Each of the 5 put in high bids hoping they would be the one to edge out the others and get this lucrative contract. After all the bids came in, it turns out Mr. P, one of the 5 dealers had the highest bid. He was invited to come back to the hotel with a certified check for 250,000 francs (about $1M today) to make a 25% downpayment on the total deal. After the deal was wrapped up, Mr. P waited, and waited….and waited to hear back from the director. He never heard back from him again. It turns out there was no such position as a “Deputy Director General of the Ministry of Post and Telegraphs” and that the government had no plans to tear down the Eiffel Tower!!

Lesson: The Director’s, real name, Count Victor Lustig, was a con artist extraordinaire, and he won big because he thought big. He had the BALLS to have a vision so extraordinary, that no one ever thought to question it. He even played the role of a government official to a T, having the creativity to even ask the winner of the bid for a small bribe to establish believability. Great men of history see beyond what others think impossible. Could you sell the Eiffel Tower?

Source: Story adapted from 48 Laws of Power by Robert Greene

By DevX

Guru Feat. MC Solaar – Le Bien, Le Mal

Continue reading...

Tags: , , , , ,

Guest Manifesto: Vigilante Justice – Confessions of a Professional

» 28 October 2008 » In Dope, Guest Manifesto, Guide » 6 Comments

Guest Manifesto: Vigilante Justice – Confessions of a Professional

By The Dinnertime Bandit aka DTB

Click Here for The Dinnertime Bandit’s The Complete Guide to Burglary

The time is 20:20 hrs on 4th September 2006, and Vincent Alexis Michaels is sitting at his computer, working overtime at the bank he has been employed at for over 5 years, in Montreal. Vincent is suspected of murdering his wife 11 years ago. Vincent is also a poker player and convicted sex offender.

What Mr. Michaels doesn’t know is that for the last 2 years, every time he has communicated with other people, using anything electronic, his emissions and communications have been intercepted by a group of 16 men based in Scotland. Landline calls, cell phone calls, emails, faxes, sms text messages, message board posts and internet browsing activity have been intercepted by a system known under a classified name.

Tonight is a date with justice. Tonight is a date where the Professional has planned everything so perfectly that not a piece of dust or a strand of hair is out of place. The Professional goes by the name David, and enters the building where Mr. Michaels works. David is equipped with an H&K Mark .23 Socom pistol with a knights armament corp sound suppressor and 3 lasers: 1 red, 1 green, 1 blue, to form a triangle of primary colours. David also has digital police scanners attached to his waist utility belt, and a PMR radio connected to Skype via Bluetooth, Wifi, and Wimax.

Skype is connected to an automated dialer, voice recognition equipment and signal analyzer. Power to the building will be dropped if a voice match against the target is confirmed.

David is wearing night vision goggles he bought from Utah over the internet. He has intercepted everything Vincent has done electronically for 2 years. He has planned this using 10 cycled anonymous proxies. David has viewed Google & Yahoo Maps, Google Earth, examined the electoral roll, and hacked into the RCMP’s database of criminal and sex offenders. Vincent doesn’t know his vehicle is tracked daily.

A mysterious man called Dr. David Webb, PhD, supplied the hitman with a laser reading device only possessed by the US Government. The device beams a laser at windows, and converts the internal air-pressure in a room, and the various bounces of sound off of that window, into a digital signal, and then converts it to analog sound, at the user’s request.

It takes David 8 flights of stairs to get up to the floor Vincent is on. Nobody can monitor the stairs, unlike the elevator, which can be monitored electronically.

“Pedro El Negro, Black Peter” “Peter has a list of all the bad kids” – “They receive a little donkey on their window sill, a little burro”. – Collateral

While preparing equipment and running a structured list through his mind, David listens to progressive house music and DJ sets such as Kenneth Thomas, Roger Liland, Perry O’Neil, Kasey Taylor and John Digweed. The beats match his work: no error, no room for mistake or a fade to black. This is not something you read in a book. Tonight he is listening to Abstract Habits (G Pal’s Bad Habit Remix) by Plastique Vision. Later he will listen to Space Drift by Undersky.

Undersky – Space Drift

David no longer feels emotion about a target. He has grown used to hearing about men all over the United States and Canada who hurt, abuse, torture or abandon their kids, men who murder their wives, or bank workers who give mortgages to people who they know can never pay it back. David is taking out the trash, the dregs of a deadbeat society. You become immune to emotion when emotion gets you killed. You become immune to emotion when your accuracy suffers because of it. David is a professional. He takes care of business, he gets the job done first time every time, and he does it with the aide of technology and a group of helpers who are so disconnected that even the CSE (Canadian Security Establishment) could not link any of them together.

Although being a hitman requires dedication, fitness, determination, and sometimes a rather cold, calculated attitude, David has other interests including computers, technology, mathematics and electronics. David is on a level of his own, and makes “Leon”, from the 1994 film of the same name, look like a joke. Jason Bourne wishes he could be David, even on a good day. Jack Bauer pales into insignificance compared to David.

It is now 20:43 hours and David has entered the building by using lockpicks to get in a door in a back alley. Prior to this, David had shown up in central Montreal, dressed in a flawless Versace suit and attended a corporate event. Near the middle of the event David went to the mens toilets and got changed and left through a window. He picked up his equipment at a classified location near abandoned warehouses.

David is wearing a Uniden BCD396T apco 25 ready digital police scanner and a Uniden two-way radio with a 20 mile range. The two-way radio is connected to an automatic voice sensor inside his vehicle, which houses it’s own Uniden Base Scanner, this time a BCD996T. He is monitoring Montreal’s response and SWAT team frequencies. David has a black Nomex lightweight balaclava in his utility belt, which he bought from Blackhawk Products in Virginia. On the right side of his belt is his silenced, tri-laser aimed pistol, a Mark .23 Socom, with Knights Armanent Corp Suppressor. On the left side on his belt he has silent flashbangs – flashbangs with no noise, just a magnesium burst, which effectively turns on all the retinal receptors at the back of your eye for a full 5 seconds, and makes your vision appear “paused”.

The building where the ‘dedos’ (target) lives, is almost entirely vacant, and David uses training he learned while at the French Special Police training facility outside of Paris, to avoid direct visual contact with anyone else.

Vincent is working on floor 4 in the “Investments and Savings” division. As David reaches floor 4, transmissions enter his earphones from his walkie-talkie: he is to take out the target without uttering a single word to him. Usually David has a question or some interrogation to carry out. Not this time. This is a mission of justice, revenge, punishment, and for David, absolute glory in taking out the trash of society. Vincent’s wife’s skull was found in 2004 by a rancher moving cattle. She had been missing since 1997. His wives’ family are connected to this contract, but he has no direct contact with them, too risky, too emotional. Vincent had also recently been found in possession of child pornography and showed no remorse whatsoever. A group from Illinois, which calls itself APMF – which stands for Anti-Paedophile Mercenary Force – took notice of Canadian news reports which linked Vincent to the people who own and run Limewire: the famous P2P program, which allows child porn on it’s network.

At 20:50 hours, David is at the start of the long line down the hall of floor 4. “PBX 139 to PBX 142, Target is in room 17.” David is wearing black military assault boots, black body overalls covered by a flightsuit. David puts on his balaclava, and night vision goggles, and attaches the suppressor to his weapon. As he begins to step down the hallway, everything goes into slow motion for David. He watches himself from above, behind, and to the side and at an angle from his own body.

“PBX 142 to PBX 139, cut power to building”. 3 seconds later the entire building is in darkness. He flips down his nightvision goggles and preps the holders on his silent flashbangs. As he approaches the door he moves at an angle and to the other side of it. He touches a switch and 3 military grade lasers come on in a triangular shape, and triad of colours: red, green and blue. All lasers have a 50 mile+ range in the darkness of night. David takes out a silent flash. The wooden beige coloured door is not locked but is closed over. He opens it so a space of about 10 inches and stops immediately.

“PBX 122 to PBX 142, Target in centre of room 17”. David has a sniper placed over a mile away in a building at the same height, who is armed with a Cheytac Intervention .408 calibre sniper rifle. The sniper is an ex-Navy Seal.

“Who’s there….hello….who’s there”. Vincent doesn’t understand why a door has opened and nobody came in. David then tears off the purple ripple-strip (better than a pin, which makes noise) from the silent flashbang and then throws it underarm into the computers at the centre of the room. He closes the door over, almost completely, for 2 seconds as it goes off. He then enters the room sticking closely to the wall, a pattern taught by the FBI-HRT (Federal Bureau of Investigation – Hostage Rescue Team). Through night vision he can see Vincent rubbing his eyes behind a computer in the centre of the room, and the lasers from his associate are coming into the window and dazzling him. David brings up the weapon to eye height, and then aims Vincent’s head. Two silenced rounds go off – a double tap. And Vincent falls to the ground.

“PBX 122 to PBX 142, couldn’t have happened to a nicer guy. Check target for memory sticks at computer.”

“Confirmed, Sandisk 16gb Cruzer Micro memory stick on desk, will retrieve.”

David then switches off his lasers, and leaves the building as quick as possible.

When David returns to his home in Scotland, he finds £400,000 in his bank account, and a letter from a contractor. The memory stick contained 25,000 images of child abuse. “Your next target will be given to you within 4 weeks”. “Here is a picture of the woman that Vincent murdered.” David looks at a photograph. “And the family who hired you to do this indirectly, if Vincent had got away with this murder, how angry would they be, how fucking furious do you think they would get, if the police couldn’t get justice?” David burns the letter and photograph.

The date stamp on the letter read “Fort Meade, Maryland”, which is where the NSA is based. The NSA’s new “Cyterix” program is part of a mission to rid America, Canada and Mexico of sex offenders who harm, abuse, and hurt children.

David has reached the Zenith of his career at 24: a hitman taking out the trash, and doing it in a way which makes the movies look lame.

By The Dinnertime Bandit aka DTB

Kenneth Thomas – Ghost in the Machine

Continue reading...

Tags: , ,

Guest Manifesto: Pick Up Artists vs. The G

» 09 September 2008 » In Dope, Game, Guest Manifesto, Style » 1 Comment

Pick Up Artists vs. The G

(follow up to G Manifesto Outlook for 2008)

I bomb atomically, Socrates’ philosophies
And hypothesis can’t define how i be droppin these
Mockeries, lyrically perform armed robbery
Flee with the lottery, possibly they spotted me
– Inspectah Deck

It seems like there’s a hundred “Pick Up Artists” and “Dating Gurus” and out there nowadays, one of the trends predicted in G Manifesto Outlook for 2008, “The Pick up Artist phenomenon will only grow stronger in 2008. It is like this decade’s version of “Revenge of the Nerds”. Personally, I love it. More power to them. (Keep in mind there is a distinct difference between The G’s and The Pickup Artists.)

In this Guest Manifesto, let’s do a quick comparison of some the key differences between Pick Up Artistry (faux du jour) and The G.

“R.E.A.L. Game” is a double acronym conceived by the Pick Up Artist Carlos Xuma, “to help guys get MASSIVE success with women. No dumb pickup lines or fake techniques.”

Let’s see what The Pick Up Artists says about REAL Game…

Xuma’s REAL stands for:

R = Relaxed & Resourceful – you have to be cool, calm, and collected…
E = Effective & Energized – you have to find your power and what works for you…
A = Authentic & Alpha – It has to come from YOU, your genuine personality and character…
L = Lifestyle & Lasting – This has to be a way of life for you – success in everything, not just women …

To be fair, decent points all in all; kinda like Foundation Game/Self-Help 101. But definitely lacking the kind of sizzle that is going to get girls clinging to you like “’wow’ and ‘ow’ to now show ya how to bow to scoop-a, in the train goopa”, the moment you post up at the spot, suited down and chromed toasters hot.

How about The G’s acronym for R.E.A.L.? Glad you asked.

G Manifesto REAL stands for:

R = Rooftop Bar Game; Rolling with Models, Fly Suicide Girls or High Society Girls; Rolling thick bankrolls; Rolling Dutch (one-handed); Rolling on 20’s; Rolling over the competition (on my 20’s, while single handedly rolling Dutch in a car full of Fly Girls…)

E = Pockets full of it;

A = Anti-Establishment; Artemesia Absinthium; Art of Enhancing BankRoll; Advanced move for Picking up Exotic Dancers; Art of the Grease; Alcohol; Amphetamines; 1st Amendment;

L = Lethal; Lifted; Legit.

Now that’s REAL Game, G Manifesto style…

~ Tafari

AKA Game on the R-E-A-L

“Battle me, mathematically, I’m givin your wisdom a cavity
Rapidly flowin, controllin the time
Flip over the line, I’m blowin your mind wit just a flow and a rhyme”
-Big Pun

And in case you missed this G Manifesto classic, read up: The Six Elements of Picking Up Girls

Wu Tang Clan-Triumph

D.I.T.C / DJ PREMIER – WHERE YA AT!

Continue reading...

Tags: , , , ,