ASYMMETRY + MORAL HAZARD = GREED

SKIN
IN
THE
GAME
&

OVERSIGHT AUTHORITY

pg. 1 ASYMMETRY – MORAL HAZARD = GREED

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A SYM ME TRY
Lack of equality or equivalence between parts or aspects of something; lack
of BALANCE – PRIVILEGE.

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The marketplace is filled with PRIVILEGE for those who have assets –
stocks-bonds-401k-property-self-sustaining wage employment and are
MONOPOLY-OLIGOPOLY organizations.

They become BLOODSUCKERS, collective bloodsuckers that control

power in government legislation, banks, corporations, city chambers,
business associations, hedge funds and the federal reserve.

Moral Hazard says it is an acceptable NORM that those given privileges

in the marketplace - given favor in the marketplace - will crash in disarray
WITHOUT Asymmetry. NOT TRUE

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pg. 2 ASYMMETRY – MORAL HAZARD = GREED

 ASYMMETRY + MORAL HAZARD = GREED
“Moral Hazard” refers to the RISKS taken because they have
reason to believe that an insurer – LIKE THE FEDERAL GOVERNMENT -
will cover the costs of any damage without the individual and/or
corporation paying it back. Google

This post by MARY GLASS,

Researcher and PRO SE
Plaintiff begins with
information taken to describe
behavior of GREED seen in
patterns and practices
of those on WALL
STREET during the end of
President George W.
Bush administration (2001-2009) and the beginning of
President Barack Obama administration (2009 – 2017) –
banks-financial officers of the largest financial corporations engaged in
Credit Default Swaps that rendered them bankrupt and dependent
on the federal reserve to bail them out, i.e., BEAR STERNS, JP
MORGAN, GOLMAN & SACH, AIG Insurance.

A credit default swap (CDS) is a financial contract

between two (2) parties that allows one party to exchange
credit risk with another. In a CDS, one party, the "seller", agrees to
pay the other party, the "buyer", a periodic fee in exchange for the
buyer agreeing to pay the seller a set amount if the underlying
credit instrument defaults. This could be a loan or bond
obligation of a corporation or government.

pg. 3 ASYMMETRY – MORAL HAZARD = GREED

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CDSs are designed to protect against many risks, including
defaults, bankruptcies, and credit rating downgrades. For example,
a lender might use a CDS to offset the risk of a borrower defaulting
on a loan. Banks may also use CDSs to manage concentration risk,
which is when a single borrower makes up a large percentage of a
bank's borrowers.
CDS contracts are similar to insurance policies, with the buyer
making ongoing premium payments. The buyer may also make an
upfront payment when the contract is initiated. In the event of a
default, or "credit event", the seller pays the buyer a lump
sum. Credit events can include missed payments, bankruptcy, or
other specified events.

Their GREED expected MORAL

HAZARD from the federal government
to bail them out of criminal acts – the
good ole boy network.

pg. 4 ASYMMETRY – MORAL HAZARD = GREED

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At the helm were Timothy

Geithner-Ben Bernanke-
Hank Paulson.
=========
All with federal reserve
power.
Ben Bernanke former
Federal Reserve Chair.
Henry Paulson former
Secretary of Treasury and
Tim Geithner former
Secretary of Treasury.

City-County-State of Tennessee

Moral Hazard – is alive and well in Memphis,

Tennessee/Shelby County. It CONNECTS Asymmetry
with WEALTH AND CAUCASIAN dominance.

pg. 5 ASYMMETRY – MORAL HAZARD = GREED

 ASYMMETRY + MORAL HAZARD = GREED

Due to UNFAIR Caucasian takeover

– GOP legislators – Ted Townsend of Greater
Memphis chamber corporations-sports arenas
(AutoZone, FedEx, Grizzlies ($250 million underwritten by
city and county funding)-wealth gaps of resident and
commercial taxpayers in suburbs
(Germantown/Collierville/Bartlett)-long-term
withdrawals for contractual funding arbitrarily taken from
African American annual federal funding.

MEMPHIS population is 621,056 – 2022.

Racial makeup consists of:
• African American – 53.79%
• Caucasian – 37.49%
• Asian - 2.77%
• American Indian - .24%
• Latino-Hispanic-Mexican data, NOT AVAILABLE

The “RULE OF LAW” and the LACK of

ACCOUNTABILITY of “PUBLIC POLICIES” of local-
county-state elected, appointed, hired, donor-for-hire
personnel for budgets in governments using
taxpayers’ funds determines where the major revenue

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goes in both the city, county and state funding for
Memphis and Shelby County communities.

Due to Asymmetry within the city/county government

elected LEADERSHIP for the city council and county
commissioners, a giant sucking noise of CARES,
ARPA, CDBG, TRANSPORTATION, and public funding
for SCHOOLS are left without DUE DILIGENCE and
TRANSPARENCY.

HANDS-ON DUE DILIGIENCE

Hands-on Accountability by each community
stakeholder tied to ongoing UPDATES are mandatory
for SMART GROWTH.

CLICK

– residential-commercial-industrial-special
assessments-ARPA/American Rescue Plan Act and
CARES ($2.2 TRILLION) with decade-ON-DECADE
length of time unbeknown to the core constituents
left with STIGMAS of high crime guarantees GREED.

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•
The American Rescue Plan
Act provided for direct economic stimulus payments to
individual taxpayers with incomes of $75,000 or less. The
Act also allocated $350 billion in assistance to state and
local governments, $14 billion for COVID-19 vaccine
distribution, and $130 billion to schools to help them
safely re-open for in-person instruction.

$150 billion
•
Through the Coronavirus Relief Fund, the CARES Act
provides for payments to State, Local, and Tribal
governments navigating the impact of the COVID-19
outbreak. The CARES Act established the $150
billion Coronavirus Relief Fund.

• The U.S. Congress passed a $2.2 trillion stimulus bill

called the Coronavirus Aid, Relief, and Economic
Security Act (CARES) in March 2020 to blunt the
economic damage set in motion by the global
coronavirus pandemic. With most forecasters at the time
predicting that the U.S. economy was either already in a
recession or heading into one.

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pg. 9 ASYMMETRY – MORAL HAZARD = GREED

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Memphis, Tennessee is an example of ASYMMETRY +

MORAL HAZARD = GREED

#1

City Mayor Paul Young 75 CENT tax increase and

support of the Greater Milwaukee Chamber of
Commerce with a $50-$60 million RECOMMENDATION
on tourism at a time when BROADBAND,
ENVIROMENTAL safety (CONTAMINATION, WATER
LIMITATIONS and WASTE are at the forefront for
community parents, families, HOMEOWNERS in
Memphis and community leaders dealing with
negative African American STIGMAS and mounting
POVERTY.

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#2

Interim Police Chief (highest personnel salary).

#3

Horrific beating/murder of TYRE NICHOLS by 5 African

American Memphis Police known as the SCORPION
TEAM. They were on the watch of City of Memphis
Police Chief – Cerelyn J. Davis.

#4

Lack of due diligence and transparency that was

recommended and sent to the legislators from TIM
TOWNSEND of the Greater Memphis Chamber FOR
TRANSPORTATION failed to include the CORE
CONSTITUENTS.

This RISK recommendation failed to be sensitive to

the past practices that have literally destroyed
African American communities with i.e., Eminent
Domain red lining AND NEGLECT.

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ELON MUSK AND ELECTROLUX giant chip

factory ARE PERFECT EXAMPLES OF HOW THE
POWER OF WEALTH PERSUASION IS PRESENT TO
OBTAIN MORAL HAZARD, PRIVILEGE, GREED AND
RACISM in south Memphis, Tennessee contaminated
area.

KESHUN PEARMAN, President of Memphis

Community Against Pollution is leading the
ENVIRONMENT CHALLENGE.

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#5

Memphis,
Tennessee is an
example with
Shelby County
Mayor Lee Harris
scheduled “wheel
tax” to help pay for
a $500 million
Regional One
public hospital and
two (2) NEW
schools. By-the-
way, Memphis
Public School just
received a NEW
superintendent without a secured budget.

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#6

Memphis, Tennessee is an example when the Juvenile

Court for the area has a vital structure with MOLD and
AESBETOS and NO concrete plan for change. The
delay has a four-year delay in operation.

#7

Where Sheriff Floyd Bonner Jr is asking for the

installation of a new jail that would demand funding
over the next 10 years and for sure he will no longer
be the sheriff.

Sheriff Floyd Bonner Jr is known to have an UNSAFE

and UNSANITARY jail that is known for blood, urine
and feces in common areas of public use.

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Four (4) African American males have died recently of

the unsafe, unsanitary conditions with BEDBUGS
while waiting to be processed.

============

ASYMMETRY promotes an IMBALANCE in the SMART

GROWTH plan and allows MORAL HAZARD and
trickledown economics thinking to take over.

Click

review the cares act.

Take your time and review the
dollar amounts sitting in the
accounts of Memphis and shelby
county to provide a wholistic
approach that include $2.2 TRILLION
dollars.

NOT all the funding from the giant

funding packages is spent.

Call for accountability.

pg. 15 ASYMMETRY – MORAL HAZARD = GREED