With the U.S. elections coming next Tuesday, I find it kind of interesting that secretary of state Hillary Clinton is heading out of the country for a two-week Asia swing. Also out of the country around /just after election time is president Obama who will be in India and elsewhere.
That the president is staying at the same hotel which was attacked by terrorists in 2008 hasn’t escaped the notice of the Washington Post which had a piece on it yesterday.
With what’s a major tipping point now less than two weeks off – the first one being 9/11/2001, I’ve made a not to myself to keep the travel plans of the key people in the US government (for who to watch in this period, see wiki “succession list” entry plus F1000 C level types) handy. Already hearing some of the PTB are ‘out’ for places like S.A. Damn, I’m nervous….
The reason for my concerns? NOT terrorism, but what threatens to be a largely financial something in the period just after elections.
Now, toss into your brain-blender the recent comments of Boston University economist Laurence Kotlikoff that the U.S. government debt is not the purported $13.5 trillion which is publicly bandied about but 14-times higher at $200-trillion. Canada’s The Globe and Mail offers a dandy quote from Kotlikoff: “Let’s get real,” Prof. Kotlikoff says. “The U.S. is bankrupt.” Shssshhh! Don’t tell China – at least not for 10 more days...
Not to put too fine a point on things, but to my way of thinking what’s going on with all the ‘tripping’ is like having your house on fire but telling the fire department “Ya’ll deal with it…I’m going out for pizza…”
By two weeks out, if the linguistics about what’s ahead are right, we could be asking the same of America’s leadership that was asked of Pakistan’s president who was out of his country while the countryside was being inundated: “Was the pizza good?”
Obvious retort: “Hey! We already has reservations for pizza…” Oh?
Of course, the dire financial outlook could be exaggerated, and we know historically that the HPH reports sometime seem more extreme than the actual headlines of arriving news. Still, Clif & I spent a bit of time on Wednesday trying to answer the question “If 9/11 – our last tipping point in the data was 2½ hours of release language, what is it that would be 3-4 days of release language and then 2½ months of adaptation to the new conditions? And not just in the USA, but globally.
Something like a US or European terrorist attack wouldn’t be big enough to galvanize the whole globe, let alone for the period of time involved. But something like a US dollar swan song, that might do it, especially if coupled with a major buyer of US debt instruments getting upset. (more in today’s “Coping” section.).
Of course, it could all be a processing artifacts in data, and meybe it’s just a tripping point…but then again, if the shoe fits….
Also while we’re waiting, we noticed that Rob Handler’s Options Signal Service indicators are lining up – don’t think he’ll mind my sharing:
“Sent the following to the subscribers. It is getting weird.
Tomorrow is a “D” reversal. Another “D” reversal comes on Nov 8th. Odd that these two “D” reversals are on the same days that the halfpasthuman.com folks are calling for…
I’m debating with myself what to do with my own account: If the Fed next Wednesday (day after elections) does a huge QE2 then could we have a melt-up? Uh-huh. But, on the other hand, if there’s no QE2, then could the market dump, I think so – but with the usual caveat that this IS NOT FINANCIAL ADVICE. And what would China do?
Another curiosity – timing-wise – and you’ve heard me write of this in the past – is that the mysterious collapse of WTC-7 is ramping up in non-MSM with a national advertising campaign November 2-10. Called “BuildingWhat? The timing/meming is, to say the least, a little odd.
Then – right about when we should be seeing some increase in Sun/Earth energy inputs, we noticed (with some reader help, LOL) the post on the SyzygyJob forum about a “High Amplitude Remote MT Trigger Pulse” being detected.
What your take is on the postulated earth plasma-expansion model is opinion, but seems to me we’re in a decent-sized quake period now, as evidenced by what’s up to 343 from the Monday (leading edge of window) quake.
Patrick Geryl (who has the ‘How to Survive 2012″ web site) was kind enough to send me the key dates to be watching for the Sun/Earth relationship going into 2012:
Cycles Left Sunquake Dates
10 Sunday, August 01, 2010
9 Monday, October 25, 2010
8 Tuesday, January 18, 2011
7 Thursday, April 14, 2011
6 Friday, July 08, 2011
5 Sunday, October 02, 2011
4 Monday, December 26, 2011
3 Wednesday, March 21, 2012
2 Thursday, June 14, 2012
1 Saturday, September 08, 2012
0 Sunday, December 02, 2012
So between Clif & Patrick running numbers, and with the Indonesia quake right about ‘on schedule’, the timing is close enough for home use, which means we will set the timer for around January 18th for the next round of shake & quake – that is, if this series is over…
I am just assuming you can connect the dots between these two stories, right?
Repeat after me: Tipping Points may not be entirely spontaneous and some insiders may know about them in advance, but let’s not go the full meal conspiracy deal to leezard-class funding land…
Why, that’d be truly wild-eyed world-class conspiracy theory stuff, at least before the fact, LOL.
No, not getting hardly any play in the USA, but al Jazeera is reporting under the headline “BP dispersants ‘causing sickness’ that an “Investigation by Al Jazeera online correspondent finds toxic illnesses linked to BP oil dispersants along Gulf coast.” (<—graphic descriptions, eat first…)
This, whether it makes it into the Western corporate MSM or no, is certainly evidence of the long-term carry values prior to the gulf spill…
Bully Bonds Bye-Bye
The Calculated Risk site has a pretty good article on the coming Fed printing festival (QE2) and how that spells the end of the “30-year bull market in bonds“, we have to wonder when the PM’s will begin to go vertical. May not be long…
Number of the Day
Latest Unemployment Numbers on a weekly basis…
In the week ending Oct. 23, the advance figure for seasonally adjusted initial claims was 434,000, a decrease of 21,000 from the previous week’s revised figure of 455,000. The 4-week moving average was 453,250, a decrease of 5,500 from the previous week’s revised average of 458,750.
The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Oct. 16, a decrease of 0.1 percentage point from the prior week’s revised rate of 3.6 percent.
The advance number for seasonally adjusted insured unemployment during the week ending Oct. 16 was 4,356,000, a decrease of 122,000 from the preceding week’s revised level of 4,478,000. The 4-week moving average was 4,447,250, a decrease of 38,500 from the preceding week’s revised average of 4,485,750.
MSM headlines this as an ‘unexpected drop”. I’d headline it “Last report before elections!”
My “morning dart” landed on up open, weak close, low tomorrow mid day and then run up into the weekend. Helluva throw, I might add. NOT FINANCIAL ADVICE…just a SWAT (simpleton’s wild-ass throw).
OK, maybe politics is supposed to be ‘free choice’ but what happens if the scientists come up with a statistically meaningful finding that how you vote is to one degree, or another, genetic.?
Which then leads to all kinds of interesting questions about juyst how much real “free choice” is there in development of religious preference (if any) and so forth. Sure makes Earth appear more and more like a thought-control breeding lab, doesn’t it?
Ooops… you’re supposed to skip the realization that you’re a lab rat. Lab sheep then…
Another nip of ‘medicine’ this morning? OK, then…
There’s a report out of Denver, picked off of Channel 9 up thataway, which begins with the disturbing headline: “Study: Laptops with WiFi can cause sperm damage.”
All of which gets me around to adding one more feature to my new product I call “Corporate Depends”. Never heard of this gazillion-dollar invention of mine? Hmmm…
Well, it’s like the adult diaper made for people with incontinence problems, but with a special ability to absorb more BS than most because this product is targeted at the three persons that still have corporate jobs in America as boardroom audiences for long-winded idiots.
We’ll just as foil to them now to round-out the feature set…so thanks Channel 9 for the great input!
(continues below ad)