Wack a MoleMoney And FIRE

A long read this morning but this is Sunday and the proper day for contemplation of deeper things.

Risky Moves In The Game Of Life Insurance -- New York Times

Added 16 April subsequent to this original posting:  Might Jackson National Life Insurance be a player in this Wack a Mole game?  The preface to the link at Naked Capitalism seems to question why Andrew J. Bowden took this job.  

NC preface to the link in the NC Links section:  "Thinking further about Bowden landing at Jackson Life, it really is curious, in that Jackson has virtually no nexus to U.S. securities law. It’s a subsidiary of Prudential PLC of the UK (which is unrelated to Prudential of the U.S.). The guy has spent his whole career as a securities lawyer at Legg Mason and at the SEC, and it’s almost as if he no longer wants anything to do with securities law, or that he couldn’t get a job as a securities lawyer."

"It’s also somewhat of an odd choice for Jackson, since insurance law is so specialized (and state-by-state, with virtually no federal nexus), and Bowden has no apparent background in it."

My question:  Why would Bowden take this job?  Maybe relates to Risky Moves in the Game of Life Insurance?

Because of this  ????:  Andrew J. Bowden who is presently serving as director of the U.S. Security and Exchange Commission (SEC) Office of Compliance Inspections and Examinations.

From the link at InsuranceNewsNet.com:  

"Meyer will be succeeded by Andrew (Drew) Bowden who will be leaving the SEC as director of the Office of Compliance Inspections and Examinations to assume the role of senior vice president, general counsel at Jackson. In his role at the SEC, Bowden reported directly to Chair Mary Jo White and oversaw a team of over 900 managers, professionals and staff who operate globally out of 12 office locations conducting examinations of investment advisors, investment companies, broker dealers, exchanges, self-regulatory organizations, clearing agencies, transfer agents, municipal advisors, and other registered entities. Prior to his work at the SEC, Bowden served as executive director, chief operating officer and general counsel at Legg Mason Capital Management. He holds a Bachelor of Arts from Loyola University (Baltimore) and a Juris Doctor from the University of Pennsylvania."

"Jackson has $212.2 billion in total IFRS assets and $198.7 billion of IFRS policy liabilities set aside to pay future policyowner benefits (as of December 31, 2014)." 

Whack a Mole is excellent video meme.  It is a game.  A mole pops up, the player wacks it down with a hammer.  It pops up elsewhere, whack it again.  Same mole gets faster and faster, to fast to whack because it ducks and pops up elsewhere.  Next stage is when other moles learn that they are relatively safer to pop up in numbers knowing they cannot all be wacked by a single wacker.  The number of moles popping up increases.  The number of wackers do not.

Game over for the wackers.  Moles win.

An excellent business model!

The critical entity relationship between the two principal players (Wacker and Mole) is implemented by the action Wack.  Initiation of action is associated with Identification of Pop-Up.  Wacker has knowledge to recognize Pop-Up and send message to WackTool that has knowledge to send its message to Mole. 

Mole has knowledge of methods to AvoidWhack.  One method is DuckQuick.  Another more method that obviates the need to DuckQuick is  "NotSeen".  There are various ways for the Mole to implement its MoleNotSeen Method.

MoleNotSeen method is the default method A.  MoleSeenDuck is plan B.

Enough of games.  The insurance industry is playing this game.  So are the Banksters.  So is Real Estate.  FIRE???   Finance.  Insurance.  Real Estate.  They are all moles.  Banksters popped up first.  It successfully evaded Wacker.  Real Estate popped up out of the same system of holes.  Some safety in numbers.  The Wacker was weakened.  It could still send a message to WackTool but WackTool methods were hamstrung.  Insurance popped up.  The Wacker was beat.

Wacker was beat when it became the object of role reversal.  FIREMole became Wacker.  WackTool as a method of FIREMole became BusinessModel.  The ObjectEntity of BusinessModel implementation became the Wackee.  Wackees are all of us.  Standing up and not seeing the WackTool coming.  Not knowing the knowledge to duck in anticipation.  Easy targets.  Low hanging fruit goes first.

FIREMole continues to use the same method it knows and employed when it was the target of Wacker.  The Method called NotSeen.

NotSeen trumped WackTool by virtue of Invisibility.  FIREMole used invisible to turn the tables on Wacker.   Now in the role of Wacker FIREMole continues to use InvisibleMethod WackTool to deliver its message to us all.

We never see the message of WackTool coming until it hits us. FIREMole is very clever.

Game over?

Only when FIREMole wacks GoldenGoose that lays the eggs.

FIREMole is not a mole.

It is a fungus.

Surprise?

That is the art of FireMole's deception and invisibility.

The Parasites here. 

The parasites are not institutions but the people that direct them?