It gets the recognition, blame, innuendo, dreams, hope, hate and more. It is the endgame for being cool, desired or location. It is used to express almost anything in our culture and so, I will focus my use of it. I'm referring to is the lack of leadership, a weakness to do the right thing and yet, the lack of integrity by hypocrisy to say the right thing, but actually do the opposite.
It is not one particular person or political party as I will give you one example from each and it is not just in the US. Europe, Asia, South America, everywhere you go, it's the same old song. Thank you Four Tops, Billy Joel and others.
Republican
I could use any number of examples, but the daily affairs reflect best the true character make-up of the party from its alfa dog.
President Bush would on many occasions visit his ranch in Crawford, Texas. You say, no big thing. I beg to differ as one does not realize the total ramifications of cost which the taxpayer is on the hook. The news shows the President with dogs, horses and friends, but does not show or reveal this: One trip on Air Force One plus a second or third or forth cargo plane with his limo, helicopter, crew and hundreds of workers that need accommodations and all getting not only regular pay, but special pay for the trip.
Democrats
When President Obama visited India like he is visiting Myanmar this week, the press will cover it. However, like his previous trip this is what you won't hear. He flies on Air Force One and behind that plane could be 40 other aircraft like when he landed in India. He also took along 3,000 workers and provided some with armored cars, top hotels like all 870 rooms in the Taj Mahal and of course, extra pay, food and incidentals. Some members of Congress say that the trip to India cost the taxpayer $200 million "per day."
Now, when he gets back from his trip the President will say it is time to limit the deficit, create jobs and cut taxes. If the republicans were in power, they would say the same thing except neither shows a true understanding what that entails.
Liars and Crooks: This week goes to Europe and the IMF. France and Germany are beginning to feel the global slowdown with their economies. Lagarde, head of the IMF, has stated that maybe the EU should ease up on austerity measures with Greece. Guess what? The leaders of France and Germany are singing a different song. They say maybe we can live with a little more debt for another year as the leader of France is now promoting debt, the platform he opposed when he ran for office last year. Merkel in Germany faces an election year and now, she too is liking the idea of government debt to ease the pain. They all look to their central banks to continue this debt world and avoid reality. End the Fed!
Monday, November 19, 2012
Tuesday, November 13, 2012
Election Results: Dissolution Resolution...L&C
Election 2012 leaves only one hope for America and that is this: more people disapprove of both political parties than ever before. Although I recommended that no one should vote for either candidate, I cannot claim all the credit for this result. With that said, I still can claim that I have tapped into our nation's collective conscious and more and more of my fellow citizens are reaching the same conclusion. We can do better than these crooks. We will not give them validation. Both political parties are corrupt! The Occupy Wall Street movement hit on that nerve except the founder had no real plan, execution or resolution. He needed my book, but Monday QBs are a dime a dozen.
Totals:
In the election campaign of 2008, Obama received 69 million votes on the promise of change. He didn't lie. I have .22 cents in my pocket. The Republican, McCain pulled in over 59 million votes in a losing bid for the presidency.
Today:
President Obama captured only 60 million votes, which is 15% less. The challenger, Romney only received 57 million votes. While this is close to the 2008 results, it is still far less. Consider this: the fact that there are over 200 million possible voters and the combined totals are 83 miilion short of the elective affirmation. More people dissapprove than approve!
Funny Math:No! You have to remember that within the Democrats and Republican parties their followers will vote the party line irregardless of personal approval. The growing number of Independents gives me hope for our nation. We can beat either of these two political parties. All we need is the right person to emerge and rally the nation and my book could be the spark to motivate such a hiden gem.
Liars and Crooks: This week goes to the prime minister of Greece, A. Samaras. He was able to push through the Greek government his austerity plan of tax increases, spending cuts and lower benefits for state workers. Funny, he ran for office opposing the very plan that he presented. He will be remembered for these infamous last words,"this will be the last time that the Greek people will have to sacrifice."
Totals:
In the election campaign of 2008, Obama received 69 million votes on the promise of change. He didn't lie. I have .22 cents in my pocket. The Republican, McCain pulled in over 59 million votes in a losing bid for the presidency.
Today:
President Obama captured only 60 million votes, which is 15% less. The challenger, Romney only received 57 million votes. While this is close to the 2008 results, it is still far less. Consider this: the fact that there are over 200 million possible voters and the combined totals are 83 miilion short of the elective affirmation. More people dissapprove than approve!
Funny Math:No! You have to remember that within the Democrats and Republican parties their followers will vote the party line irregardless of personal approval. The growing number of Independents gives me hope for our nation. We can beat either of these two political parties. All we need is the right person to emerge and rally the nation and my book could be the spark to motivate such a hiden gem.
Liars and Crooks: This week goes to the prime minister of Greece, A. Samaras. He was able to push through the Greek government his austerity plan of tax increases, spending cuts and lower benefits for state workers. Funny, he ran for office opposing the very plan that he presented. He will be remembered for these infamous last words,"this will be the last time that the Greek people will have to sacrifice."
Monday, November 5, 2012
Whom I'm Endorsing...Special Kudos
So, who am I voting for? NEITHER! Why? What about civic responsibility? I'll answer both in the space provided to the best of my ability.
I'm not voting and I recommend that you do the same under the highest of civic response. The way I see it is both of the major parties have shut out the democratic voice of the people. Did you know that there are four other alternative candidates running for the presidency? I honestly cannot tell you anything about the individual candidates because the two parties control the media and together they have shut down any knowledge about these choices. This is not in the democratic spirit of open and free elections.
As for the two candidates and their respective parties, they are both corrupt, war mongering, status quo entities that do not serve the people of our great nation with no concept in what it means to fulfill the public service creed. Don't accept that? A brief history of the Democrats and Republicans.
President Obama ran for office opposing the two wars, the deficit, the Bush Tax cuts and with the idea of a national health plan called, 1st Payer.
Results: The two wars still rage. The first lie is that the Iraq war is ended with a projection to end the Afghanistan war in the future. At present the US military has one of the largest, if not the largest military base in the desert of Iraq where over 16,000 troops are stationed and countless thousands of contract workers which includes private security forces. This lies about peace in Iraq. The other war by now you know is endless. Obama extended the Bush Tax cuts TWICE! He made a mockery of the deficit with over $1 trillion more each year in office. His health plan is nothing as advertised. It will make criminals of young people who will develop a contempt for government which is not good for democracy.
As for Romney and the Republicans, I despise them. Their party places up the constitution as its shield and power in thinking about laws and government. They say they want less government, less rules and regulations and their big issue, less taxes. Here are the results. President Bush is the worse president to manage our affairs. If it were not for Obama out doing him, Bush would have added to the deficit more than the totals of every president before him including his lying father. The party itself hates to do anything for the people. They were the opposition to Social Security and later, Medicare. They claim this is socialist thinking. So what! If an idea is good, the source should not matter only the substance. In addition, they were the party opposed to unemployment benefits, the eight hour workday and forty hour week. Their idea of manufacturing jobs is building tanks, war ships and jet fighters. War mongers! They hate the word liberal which means open to ideas and union which means job and worker protection. Their idea of ownership of the land is to cut down all the trees leaving only stumps on the ground, dig for oil in any fashion, irregardless of the pollution, especially to the water, soil or environment. Teddy Roosevelt was one of theirs until he became aware of the crimes and thus, placed into law rules against big business. He was ostracised because of his conscious. This does not mean that all Republicans fall into this subhuman level. There could be another Teddy that rises to the top. It is like my mother use to say, "there are good and bad among all kinds."
There is also one insight that you wouldn't believe the source, but a deep observation like an idea of substance matters little of its roots. Stalin, talking about voting said this,"it is not the vote, but who counts the vote that matters." When you think back to the election of 2000 and all the state results came in a timely manner except one, Florida. Funny, in a heavy Democratic region, Bush carries the area which carries the state. It still smells as well as Ohio in 2004. Two elections determined by states that had difficulty counting the vote.
So, by not voting you can demonstrate your individual protest and not give these crooks validation by placing your vote under their name. As I stated in my Forecast 2012, President Obama will probably win and we all lose. Keep this one concept in mind. After all the pundits give their two cents on the election outcome, will anyone ever tally the non vote factor? There is a correlation that I believe is the greatest hope for America and it is this: For example, say there are 200 million eligible voters in the country and the combined totals of the election equal only 100 million, then 100 million did not vote which also means that if there were a third party, it would easily win the election and the media, the two parties and the status quo do not want you to realise that number or fact.
Special Kudos:It goes to two Republicans. What! Am I ill? No! Mayor Bloomberg and Governor Christie of New Jersey showed great courage and leadership in the face of Hurricane Sandy. They did and tried every avenue to help the people of the area facing the disaster and this small acknowledgement is not enough for their efforts. If I were to vote, it would be only on the local level and I would proudly say that I voted for either of the above.
I'm not voting and I recommend that you do the same under the highest of civic response. The way I see it is both of the major parties have shut out the democratic voice of the people. Did you know that there are four other alternative candidates running for the presidency? I honestly cannot tell you anything about the individual candidates because the two parties control the media and together they have shut down any knowledge about these choices. This is not in the democratic spirit of open and free elections.
As for the two candidates and their respective parties, they are both corrupt, war mongering, status quo entities that do not serve the people of our great nation with no concept in what it means to fulfill the public service creed. Don't accept that? A brief history of the Democrats and Republicans.
President Obama ran for office opposing the two wars, the deficit, the Bush Tax cuts and with the idea of a national health plan called, 1st Payer.
Results: The two wars still rage. The first lie is that the Iraq war is ended with a projection to end the Afghanistan war in the future. At present the US military has one of the largest, if not the largest military base in the desert of Iraq where over 16,000 troops are stationed and countless thousands of contract workers which includes private security forces. This lies about peace in Iraq. The other war by now you know is endless. Obama extended the Bush Tax cuts TWICE! He made a mockery of the deficit with over $1 trillion more each year in office. His health plan is nothing as advertised. It will make criminals of young people who will develop a contempt for government which is not good for democracy.
As for Romney and the Republicans, I despise them. Their party places up the constitution as its shield and power in thinking about laws and government. They say they want less government, less rules and regulations and their big issue, less taxes. Here are the results. President Bush is the worse president to manage our affairs. If it were not for Obama out doing him, Bush would have added to the deficit more than the totals of every president before him including his lying father. The party itself hates to do anything for the people. They were the opposition to Social Security and later, Medicare. They claim this is socialist thinking. So what! If an idea is good, the source should not matter only the substance. In addition, they were the party opposed to unemployment benefits, the eight hour workday and forty hour week. Their idea of manufacturing jobs is building tanks, war ships and jet fighters. War mongers! They hate the word liberal which means open to ideas and union which means job and worker protection. Their idea of ownership of the land is to cut down all the trees leaving only stumps on the ground, dig for oil in any fashion, irregardless of the pollution, especially to the water, soil or environment. Teddy Roosevelt was one of theirs until he became aware of the crimes and thus, placed into law rules against big business. He was ostracised because of his conscious. This does not mean that all Republicans fall into this subhuman level. There could be another Teddy that rises to the top. It is like my mother use to say, "there are good and bad among all kinds."
There is also one insight that you wouldn't believe the source, but a deep observation like an idea of substance matters little of its roots. Stalin, talking about voting said this,"it is not the vote, but who counts the vote that matters." When you think back to the election of 2000 and all the state results came in a timely manner except one, Florida. Funny, in a heavy Democratic region, Bush carries the area which carries the state. It still smells as well as Ohio in 2004. Two elections determined by states that had difficulty counting the vote.
So, by not voting you can demonstrate your individual protest and not give these crooks validation by placing your vote under their name. As I stated in my Forecast 2012, President Obama will probably win and we all lose. Keep this one concept in mind. After all the pundits give their two cents on the election outcome, will anyone ever tally the non vote factor? There is a correlation that I believe is the greatest hope for America and it is this: For example, say there are 200 million eligible voters in the country and the combined totals of the election equal only 100 million, then 100 million did not vote which also means that if there were a third party, it would easily win the election and the media, the two parties and the status quo do not want you to realise that number or fact.
Special Kudos:It goes to two Republicans. What! Am I ill? No! Mayor Bloomberg and Governor Christie of New Jersey showed great courage and leadership in the face of Hurricane Sandy. They did and tried every avenue to help the people of the area facing the disaster and this small acknowledgement is not enough for their efforts. If I were to vote, it would be only on the local level and I would proudly say that I voted for either of the above.
Monday, October 29, 2012
Global Danger: 1st Assets, Now Gambling...L&C
I do not promote the idea of the global economy, however I do believe in international trade. Conflict? No! If you cannot produce certain things, lack the resources, wrong climate, ability, whatever, then trading for what you have for what you need is obvious. The problem of free trade or global trading is the manipulation factor and the negative traits of our human character.
When the US was on the gold standard, fiat trading partners not only used local protectionism, but currency manipulation as well as state financed corporations to fleece gold for paper. How can you justify paper for gold? You can't. We never should have allowed fiat dollars for gold backed dollars, but legal issues aside, the "free traders" ruled the day. Nixon ended the game in 1971 and a new game began.
This new action allowed the player with the most chips to buy assets of desire. The Japanese were on top in those days and soon they bought Rockefeller Center, Columbia Pictures and more. The fiat staked cards moved around the table. In the 1980s the US had the most chips and our oil companies soon embarked on world assets along with Coca Cola, PG and others. To the dismay of central bankers the game would stall from time-to-time due to debt that never gets paid off, but rolls-over into a larger bundle of debt and doubts begin to arise. These doubts usually end in currency devaluations to gain chips irregardless of the pain paid by non-playing citizens of the countries of the central banks. This is the negative trait in our human nature. We can justify it in many ways like jobs, economic well-being, growth or standard of living. Bottom line: it is me first, selfish greed and this aspect of greed is wrong and that is why I'm generally against global trading. Within the nations that feel the ill effects of global trading negative outbursts will eventually come to surface. Why does gas cost so much? It is those greedy Arabs. Maybe, just maybe, the OPEC members raised the price of oil because the dollar lost value due to currency manipulation, but the truth gets lost today because like the present Presidential debates, there is no truth.
The fiat asset game today is like Halloween. It is in disguise. The following brand name companies use to be American and most people still believe that they are, but alas, they are not.
Thirsty? Have a Bud. Stomach ache? Alka Seltzer. Insurance? John Hancock. Traveling? Holiday Inn. Desert? Good Humor. More ice-cream? Put it in the Frigidaire. Need a tire? Firestone. Baby food? You can get some Gerber at the 7/11.
The above is all from the action of the chips, but what happens when tolls rise on roads for profits which is also happening? What happens when utilities get turned off? See my point. People may or may not know the true cause of their situation, but mobs are not rational. The sins of manipulation are laying serious harm for future social unrest, especially from the dangers that I see in the present stage of the global economy. The next crisis is a seed in the ground...read on...
With central bankers lowering interest rates to allow governments the ability to repay their debts, the yield for savers is non-existent. In the search to seek higher yields and with the shrinking number of quality assets to purchase with their chips, investors are turning again to synthetic collateralized debt obligations backed by derivatives bets on the creditworthiness of borrowers. They are betting on bets.
Just recently, Blue Mountain Capital Management LLC jumped into the market for $750 million, but ended up with $1.5 billion. Who gave the money? Pension funds from the US, Canada, Europe and Japan. The same folks who lost big in the sub-prime collateralized debt obligations in 2008. Who says history does not repeat? There are many more examples like the one that I just used and all these bets are multiplied on the negative aspect of our human nature. This will not end well.
Liars and Crooks:QE3 will help create jobs and lower unemployment. End the Fed!
When the US was on the gold standard, fiat trading partners not only used local protectionism, but currency manipulation as well as state financed corporations to fleece gold for paper. How can you justify paper for gold? You can't. We never should have allowed fiat dollars for gold backed dollars, but legal issues aside, the "free traders" ruled the day. Nixon ended the game in 1971 and a new game began.
This new action allowed the player with the most chips to buy assets of desire. The Japanese were on top in those days and soon they bought Rockefeller Center, Columbia Pictures and more. The fiat staked cards moved around the table. In the 1980s the US had the most chips and our oil companies soon embarked on world assets along with Coca Cola, PG and others. To the dismay of central bankers the game would stall from time-to-time due to debt that never gets paid off, but rolls-over into a larger bundle of debt and doubts begin to arise. These doubts usually end in currency devaluations to gain chips irregardless of the pain paid by non-playing citizens of the countries of the central banks. This is the negative trait in our human nature. We can justify it in many ways like jobs, economic well-being, growth or standard of living. Bottom line: it is me first, selfish greed and this aspect of greed is wrong and that is why I'm generally against global trading. Within the nations that feel the ill effects of global trading negative outbursts will eventually come to surface. Why does gas cost so much? It is those greedy Arabs. Maybe, just maybe, the OPEC members raised the price of oil because the dollar lost value due to currency manipulation, but the truth gets lost today because like the present Presidential debates, there is no truth.
The fiat asset game today is like Halloween. It is in disguise. The following brand name companies use to be American and most people still believe that they are, but alas, they are not.
Thirsty? Have a Bud. Stomach ache? Alka Seltzer. Insurance? John Hancock. Traveling? Holiday Inn. Desert? Good Humor. More ice-cream? Put it in the Frigidaire. Need a tire? Firestone. Baby food? You can get some Gerber at the 7/11.
The above is all from the action of the chips, but what happens when tolls rise on roads for profits which is also happening? What happens when utilities get turned off? See my point. People may or may not know the true cause of their situation, but mobs are not rational. The sins of manipulation are laying serious harm for future social unrest, especially from the dangers that I see in the present stage of the global economy. The next crisis is a seed in the ground...read on...
With central bankers lowering interest rates to allow governments the ability to repay their debts, the yield for savers is non-existent. In the search to seek higher yields and with the shrinking number of quality assets to purchase with their chips, investors are turning again to synthetic collateralized debt obligations backed by derivatives bets on the creditworthiness of borrowers. They are betting on bets.
Just recently, Blue Mountain Capital Management LLC jumped into the market for $750 million, but ended up with $1.5 billion. Who gave the money? Pension funds from the US, Canada, Europe and Japan. The same folks who lost big in the sub-prime collateralized debt obligations in 2008. Who says history does not repeat? There are many more examples like the one that I just used and all these bets are multiplied on the negative aspect of our human nature. This will not end well.
Liars and Crooks:QE3 will help create jobs and lower unemployment. End the Fed!
Monday, October 22, 2012
Wise Men Choose Gold...L&C
Whether you believe In the Gift of the Magi, the Democrats or Republicans, it would behoove you to be prepared for a new world order because the course of the present world leaders is one of irresponsibility to their respective nations as represented by their currencies. Each time the Fed or other central banker prints more money, they are in essence devaluing their currency. If you look at recent history the "Nixon Shock" would give you definite clues as to where these central policies will be taking us.
Gold Standard
was betrayed in 1913 with the creation of the Federal Reserve, however the final nail in the coffin didn't happen until Nixon ended the convertibility of paper-to-gold in 1971. This act allowed the central bank to control our currency directly, although the Fed was technically in charge since 1913.
The majority of the public were opposed to this act, but this one issue would not be the first or last time our elected officials have disregarded what is now termed "populist" thinking. In fact, I will expand on this concept in my election vote blog. Watch for it. However, this is about gold and why you should have as much as you can afford for your own economic benefit.
Gold was regulated and manipulated to a price of just $35 per ounce back in 1971. Central bankers did not care that it cost more than $35 an ounce to find, mine and monetize just as it is today at over $1725 per ounce. Not that it cost that much to find, mine and monetize, but in a relationship to dollars that are printed, gold's cost is way undervalued.
To refresh. The idea behind the gold standard was that gold represented a store of value for the currency and central bankers could only print money that had a correlation of one ounce of gold for each dollar printed. This same relationship held true for every currency that had value behind it, but fiat people soon controlled central banks in every nation until the US surrendered in 1971. Now, there is no store of value in any currency. It is just paper, baby!
Now, do a timeline from 1971 until 1980. Gold runs to $850 per ounce. Fed chairman, Volcker sets out to fight the flight to gold fearing it becomes national issue. He, the status quo and the media establish that inflation is the culprit of the then, US economic woes. The Fed drives up interest rates to over 15% and everyone in sound mind puts their dollars in T-bills and gold dies on the vine. The Fed won, but realized it paid a heavy price. The first signs and pressures of deficit spending effects the government along with the protesters in the street against the war in Vietnam.You see nothing can be discussed in isolation because all things are related even though the powers-to-be say one issue at a time. Bottom line: gold falls to around $200 per ounce and off the public mind.
Dow/Gold Price
has a relationship. See, you could buy one share of the price of the Dow for one ounce of Gold back in 1980. The trend went against gold until the value spread reached 44:1 ratio at the peak in 2007. That spread has since declined due to the stagnate global economy, money printing and loss of purchasing power. It is now at 8:1. If the trend is your friend, this is a no brain er. Want more facts?
30 Cities Warned
about debt in California alone. According to Milliman Inc.unfunded pensions in the US amount to over $1.2trillion. Who is going to pay for these problems? Where is the money going to come from?
The Fed. That's right! Want another one? The Consumer Price Index stated inflation was under 2% and the Social Security Agency used that info to provide a cola of 1.7% for recipients. We already know that they don't count food and energy since the agency is run by aliens who do not need food or oil, but here is another not used, never mentioned tidbit, college cost and medical expenses. The cost for higher education has exploded to over five times the annual inflation rate and medical costs have jumped to twice the annual rate of inflation.
If in 1928 you had $100K and invested in the market, by 1938 you would only be valued at $10K. However if you purchased gold mining stocks in 1928, you would be worth over one million in 1938. I used mining stocks because FDR outlawed gold in 1933. It will be the same effect today, but with actual gold.
Finally
did I hear someone say, Yea? Wiseguy. The Fed divides the money it prints into different categories. To be brief, I'll use M1 and M2. M1 has grown from last year at 112% clip and M2 which contains M1 plus savings deposits and more like money market funds has jumped over 118% or $5.4trillion and that is a ton of paper and when you consider that this same money action is happening in Asia, South America, Europe, everywhere, gold can only go higher.
Liars and Crooks:Are you ready for your pop quiz? Clear away everything from your desk. Turn off all your devices. We have only one question and your grade will depend on how many correct answers that you circle. The second Presidential debate discussed which of the following. Circle every answer that applies. Give reason for your choice. 1)the Federal Reserve, 2)housing, 3) the dollar, 4)labor, 5)municipal bankruptcies, 6)pensions,7)fiscal cliff, 8) none of the above.
If you answered 8, congrats you got an "A." If you gave 8 and another number, I'll have to look at your reasoning as anyone can be fooled when one candidate says one thing and immediately, the other refutes that answer.
Gold Standard
was betrayed in 1913 with the creation of the Federal Reserve, however the final nail in the coffin didn't happen until Nixon ended the convertibility of paper-to-gold in 1971. This act allowed the central bank to control our currency directly, although the Fed was technically in charge since 1913.
The majority of the public were opposed to this act, but this one issue would not be the first or last time our elected officials have disregarded what is now termed "populist" thinking. In fact, I will expand on this concept in my election vote blog. Watch for it. However, this is about gold and why you should have as much as you can afford for your own economic benefit.
Gold was regulated and manipulated to a price of just $35 per ounce back in 1971. Central bankers did not care that it cost more than $35 an ounce to find, mine and monetize just as it is today at over $1725 per ounce. Not that it cost that much to find, mine and monetize, but in a relationship to dollars that are printed, gold's cost is way undervalued.
To refresh. The idea behind the gold standard was that gold represented a store of value for the currency and central bankers could only print money that had a correlation of one ounce of gold for each dollar printed. This same relationship held true for every currency that had value behind it, but fiat people soon controlled central banks in every nation until the US surrendered in 1971. Now, there is no store of value in any currency. It is just paper, baby!
Now, do a timeline from 1971 until 1980. Gold runs to $850 per ounce. Fed chairman, Volcker sets out to fight the flight to gold fearing it becomes national issue. He, the status quo and the media establish that inflation is the culprit of the then, US economic woes. The Fed drives up interest rates to over 15% and everyone in sound mind puts their dollars in T-bills and gold dies on the vine. The Fed won, but realized it paid a heavy price. The first signs and pressures of deficit spending effects the government along with the protesters in the street against the war in Vietnam.You see nothing can be discussed in isolation because all things are related even though the powers-to-be say one issue at a time. Bottom line: gold falls to around $200 per ounce and off the public mind.
Dow/Gold Price
has a relationship. See, you could buy one share of the price of the Dow for one ounce of Gold back in 1980. The trend went against gold until the value spread reached 44:1 ratio at the peak in 2007. That spread has since declined due to the stagnate global economy, money printing and loss of purchasing power. It is now at 8:1. If the trend is your friend, this is a no brain er. Want more facts?
30 Cities Warned
about debt in California alone. According to Milliman Inc.unfunded pensions in the US amount to over $1.2trillion. Who is going to pay for these problems? Where is the money going to come from?
The Fed. That's right! Want another one? The Consumer Price Index stated inflation was under 2% and the Social Security Agency used that info to provide a cola of 1.7% for recipients. We already know that they don't count food and energy since the agency is run by aliens who do not need food or oil, but here is another not used, never mentioned tidbit, college cost and medical expenses. The cost for higher education has exploded to over five times the annual inflation rate and medical costs have jumped to twice the annual rate of inflation.
If in 1928 you had $100K and invested in the market, by 1938 you would only be valued at $10K. However if you purchased gold mining stocks in 1928, you would be worth over one million in 1938. I used mining stocks because FDR outlawed gold in 1933. It will be the same effect today, but with actual gold.
Finally
did I hear someone say, Yea? Wiseguy. The Fed divides the money it prints into different categories. To be brief, I'll use M1 and M2. M1 has grown from last year at 112% clip and M2 which contains M1 plus savings deposits and more like money market funds has jumped over 118% or $5.4trillion and that is a ton of paper and when you consider that this same money action is happening in Asia, South America, Europe, everywhere, gold can only go higher.
Liars and Crooks:Are you ready for your pop quiz? Clear away everything from your desk. Turn off all your devices. We have only one question and your grade will depend on how many correct answers that you circle. The second Presidential debate discussed which of the following. Circle every answer that applies. Give reason for your choice. 1)the Federal Reserve, 2)housing, 3) the dollar, 4)labor, 5)municipal bankruptcies, 6)pensions,7)fiscal cliff, 8) none of the above.
If you answered 8, congrats you got an "A." If you gave 8 and another number, I'll have to look at your reasoning as anyone can be fooled when one candidate says one thing and immediately, the other refutes that answer.
Monday, October 15, 2012
Legislative Retail...L&C
The idea of legislating retail has been around for quite awhile now. It started with hunting and fishing licenses. Politicians realized that they could generate revenues, create jobs and develop bigger government through laws that force citizens to purchase what use to be free. It got a modern jump start with the idiot in Oklahoma who came up with the parking meter. The best ideas(capable of being passed by Dems&Repubs) are the ones that help all government levels from local-to-state-to-federal like the gasoline tax. The republicans claim that these ideas are in the democrat camp, however both parties sign off on the legislation.
Cash for Clunkers
is one of the latest entries into this domain. It spread to appliances, back-to-school, first-time home ownership and now could reach new possibilities with the Supreme Court. They are working on a case that could determine whether you can have a garage sale, sell produce that you grew or even allow you to sell over the internet like with Ebay.
Internet Next
that question has bounced around for a few years, but eventually, the government will tax it and prices will go up and some joker politician will call that progress to which, now is also happening in the private sector.
Get Your Modem,
I got the best prices, colors and models is a business opportunity waiting for you. That's right! Stand outside of an Apple store, cable operator or similar enterprise and bark your hardware because private enterprise has got the government to allow them to charge a lease fee for modems that make their connection system work for you. It wasn't bad enough you had to wait all day for them to install it, but now, they want to charge you extra for the equipment that makes the system applicable. So, beat them to the punch. You can buy wholesale and undersell the competition. Every customer who feels that the Internet operators are rip-off artists will gladly be your customer. Go get'em!
Liars and Crooks:this week is in preparation for tomorrows second presidential debate. That's right. I'm going to give to a pop quiz next week. Don't worry. It won't be hard because the two candidates won't discuss the Fed, how both political parties are responsible for the deficit, excess military budget, falling value of the dollar, loss of jobs, et al. So, listen and you won't hear anything and that is worth one-third of your grade.
Cash for Clunkers
is one of the latest entries into this domain. It spread to appliances, back-to-school, first-time home ownership and now could reach new possibilities with the Supreme Court. They are working on a case that could determine whether you can have a garage sale, sell produce that you grew or even allow you to sell over the internet like with Ebay.
Internet Next
that question has bounced around for a few years, but eventually, the government will tax it and prices will go up and some joker politician will call that progress to which, now is also happening in the private sector.
Get Your Modem,
I got the best prices, colors and models is a business opportunity waiting for you. That's right! Stand outside of an Apple store, cable operator or similar enterprise and bark your hardware because private enterprise has got the government to allow them to charge a lease fee for modems that make their connection system work for you. It wasn't bad enough you had to wait all day for them to install it, but now, they want to charge you extra for the equipment that makes the system applicable. So, beat them to the punch. You can buy wholesale and undersell the competition. Every customer who feels that the Internet operators are rip-off artists will gladly be your customer. Go get'em!
Liars and Crooks:this week is in preparation for tomorrows second presidential debate. That's right. I'm going to give to a pop quiz next week. Don't worry. It won't be hard because the two candidates won't discuss the Fed, how both political parties are responsible for the deficit, excess military budget, falling value of the dollar, loss of jobs, et al. So, listen and you won't hear anything and that is worth one-third of your grade.
Monday, October 8, 2012
Election Lunch: Corrupt Sandwich...L&C
The US is noted for fast food and in the past week we received a sandwich to digest that resembled an OREO cookie. We were force fed junk food. Fittingly, starting with the Fed who are the outside layer since they are not elected and have undo power over the US economy, as they announced that they were going to enact QE3 with no end time table or date if you will.
This led to a debate both pro and con to QE3 merits, not withstanding the timing being so close to a national election to which this action impact favors the president casting another doubt about the unbiased nature of the Fed.
Your wish sandwich inside makes dry toast look gourmet. Romney, in the presidential debates, served Obama humble pie for desert. This gave the challenger a boost and maybe Obama was not the right man for the job.
The bottom of your sandwich comes from the Bureau of Labor Statistics. They made their monthly report on Friday. Bear with me dear reader for one minute. You see I have to set the price or numerical numbers that correlate this menu. Prior to the BLS report, the unemployment rate in the US was 8.1%. Now, it takes 150,000 jobs or lack of to move just one tick. The BLS announced that 114,000 jobs were created in September and that the unemployment rate lowered to 7.8%. What?!
Who Does This Help?
Can you see the phoniness? The B.S.? It will take more than a TUMS to digest this lunch.
Conspiracy
Maybe not in the traditional sense, but definitely manipulation. The BLS said that they use two ways to reach their conclusions. First, they check with known sources like manufacturing which actually lost jobs. Then, they call on households to get a second opinion which is their second step. This is where the corruption takes place. You see all they have to do is check with state and local agencies to see if they had new schools, were hiring and things of that nature. Then, they make local calls in areas where the info looks positive. Suddenly, you get a good report. To make the numbers jive, the BLS showed 652,000 part-time jobs in September. This is how they moved three ticks in their report. If anyone can live on part-time wages, God bless them because I can't. This is why dear reader that I say all these agencies need to be reformated and start all over with new people because all we get now is massaged facts that the staus quo uses to control us.
Liars and Crooks:If you watched the presidential debates, it is obviously apparent. Romney says one thing and Obama says that is not what he said. He means this to which Romney says no, I mean this and you are wrong to which the president says, no you are wrong. The only thing that is right is for all of us to see that neither of the two parties will do anything or knows anything that will help America. Let's pray and hope a new party begins that reflect what America truly needs and follows with the thinking of Jefferson, Madison, Adams and Franklin. Peace.
This led to a debate both pro and con to QE3 merits, not withstanding the timing being so close to a national election to which this action impact favors the president casting another doubt about the unbiased nature of the Fed.
Your wish sandwich inside makes dry toast look gourmet. Romney, in the presidential debates, served Obama humble pie for desert. This gave the challenger a boost and maybe Obama was not the right man for the job.
The bottom of your sandwich comes from the Bureau of Labor Statistics. They made their monthly report on Friday. Bear with me dear reader for one minute. You see I have to set the price or numerical numbers that correlate this menu. Prior to the BLS report, the unemployment rate in the US was 8.1%. Now, it takes 150,000 jobs or lack of to move just one tick. The BLS announced that 114,000 jobs were created in September and that the unemployment rate lowered to 7.8%. What?!
Who Does This Help?
Can you see the phoniness? The B.S.? It will take more than a TUMS to digest this lunch.
Conspiracy
Maybe not in the traditional sense, but definitely manipulation. The BLS said that they use two ways to reach their conclusions. First, they check with known sources like manufacturing which actually lost jobs. Then, they call on households to get a second opinion which is their second step. This is where the corruption takes place. You see all they have to do is check with state and local agencies to see if they had new schools, were hiring and things of that nature. Then, they make local calls in areas where the info looks positive. Suddenly, you get a good report. To make the numbers jive, the BLS showed 652,000 part-time jobs in September. This is how they moved three ticks in their report. If anyone can live on part-time wages, God bless them because I can't. This is why dear reader that I say all these agencies need to be reformated and start all over with new people because all we get now is massaged facts that the staus quo uses to control us.
Liars and Crooks:If you watched the presidential debates, it is obviously apparent. Romney says one thing and Obama says that is not what he said. He means this to which Romney says no, I mean this and you are wrong to which the president says, no you are wrong. The only thing that is right is for all of us to see that neither of the two parties will do anything or knows anything that will help America. Let's pray and hope a new party begins that reflect what America truly needs and follows with the thinking of Jefferson, Madison, Adams and Franklin. Peace.
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