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8:30 daily This site is supported by subscriptions: For additional content, please subscribe to Peoplenomics. . Content mirrored at: www.independencejournal.com, Kindle (.MOBI) version here
The Saturday Note: This being the weekend, content is reserved for subscribers to our premium service, www.peoplenomics.com. Ya'll come on by Monday for the next scheduled free update here. Sooner if there's an 8.0 quake anywhere. If you haven't read this week's material, read on...it's a nice mix (so we hope) of stand-up comedy meets wildly depressing news. Most folks read it and go away less depressed, a little happier, and a lot more comfortable with how screwed up the world really is. And it's very, very screwed-up....
Special Update Industrial Production New from La Fed:
They counting dollars or units, I wonder? LOL...since capacity utilization was down 1.3% YoY I'm guessing the total production numbers are dollars not units...but percent of capacity is units - which is down. Quick, look surprised.
Now Things Get Interesting Something very unusual happens this morning. Many of the usual morning points on the pending day in global finance in general and the US stock markets in particular (along with an update and chart from Robin Landry are available for Peoplenomics.com subscribers at this link. Peoplenomics subscribers underwrite the cost of this site and occasionally, when there's good stuff, they get first dibs on it.
Although the sense of panic has not hit global markets yet you can certainly get a whiff of it here and there. Already this morning gold is pushing the $1,250 per ounce level, silver is knocking on $20 while in Europe at upload time, the British Footsie was down almost 2% with a large downside swing of more than 2½ percent while those practical Germans were down only 1.3%. France was likely down more over reports that "Sarkozy threatened to quit Euro in showdown with Germany: Report"
What's going on is a growing sense that the trillion dollar bailout of Europe cobbled up last weekend will not be sufficient, and for that matter, another trillion might not solve it, so I expect the world's leading financial 'experts' will be busy this weekend debating how many zeroes to push this way or that to solve the global financial collapse. --- If you're feeling a little confused, welcome to the club. These are times when conflicting thoughts preoccupy even the most conservative of investors. On the one hand, no one wishes global economic collapse to bring down the international bankster cartel(s)./ But, on the other hand, any fool with access to a calculator can see that since the Nation's abandoning control of its money to the bankster cabal in 1913, the purchasing power of America's "dollars" has been watered down - on average - 2.3% per year. And that includes deflationary periods when the dollar actually went UP during the [first] Great Depression.
Anyone who isn't guided by an inflation-adjusted view of investments as a fundamental principle is 'touched' and knows nothing about finance. Such people can be easily spotted by their use of terms like "the Dow's all-time high in 2007". Poppycock! On an inflation-adjusted basis, the Dow's actual purchasing power peaked in Y2K. Very early that year.
Since then, we have seen a passive decline which was masked from the unawares' perception by the 9/11 sleight-of-hand, and then by a deliberately engineered Housing Bubble.
You can see that people are becoming a little uneasy. They are NOT happy with what's going on in Washington, and there's a good chance that there will be a wholesale rotation of Washington hucksters for fresh-thinkers in this fall's elections. But, even those choices will be limited and one reader sent a nice note about the "new" leadership of the UK with notes on how this one - and that - were all part of the Bilderbunch.
We still see the strings that can be pulled are being reduced in number and that honest government still has a fighting chance here, but not through the existing duopoly which feeds so much at the corporate trough that neither effectively represents Main Street interests. Over the next few election cycles one of two outcomes will occur: We either reinvent America OR we all end up working in the biggest "company town" every constructed. If you thought Appalachia was a bummer for the coal miners, picture a whole nation of people 'renting their lives' rather than living and free men and women under a once workable Constitution.
Retailing Happy Talk Census numbers out this morning:
"Ure! Isn't this great news?"
Had to pee in a cup in front of a two-way mirror lately? Maybe you're just crazy not a crackhead.
The first divided by the second yields (hold on here): 6.78% monetary inflation. So, if we are seeing retail go up at an annual rate of 8.8% YoY, that means inflation ought to be running around (8.8-6.78) or 2.02% but when you look at M-3 (Reconstructed by my friend Trader Bart) we notice that M-3 is collapsing at a nearly 9% annualized rate.
So the question is not "Are we screwed?" It's "How screwed are we?"
Yes, retail is better than expected, but the world's awash in paper-printing and just no getting around that.
The market oughta to close at 10,792 and change today if you want a dart throw without anteing up for a Peoplenomics subscription.
HUD Funding Rentals? Not sure how to read the comments of HUD Sec. Shaun Donovan this week, but he said in part (right off the offishul HUD website) that:
So here's the follow-on: Is HUD about to become a competing landlord with the private sector with commissariat issued homes....OR are they going to make it easier for those of us with good financial sense and low leverage to go around and pick up HUD homes and turn them into rentals? --- Speaking of which, a wise reader offers this:
You'll notice we came to that conclusion in 2002 when we moved to the outback of E. Tex.
Gold's Ascent Well, lookie here: a gold-dispensing ATM. Wonder if they'll put real gold or that tungsten cored stuff in 'em? --- Need another worry? Try on this reader tip:
North Korean Tensions Build Next? Headlines out of Asia in Stars & Stripes are getting us to wondering if South Korea will respond in kind as "S. Korea weights response as more evidence links N. Korea to ship sinking..."
Two Weeks to Hurricane Season About time to add this to your bookmarks if you live in the eastern half of the US. Which gets me to mention that I've turned all my US maps upside down so the east coast is where it belongs...definitely on the Left if'n you follow...
Truth From Afar Our Indonesian Bureau Chief sent us a link to the UK Times Online story about how "Barack Obama plans to punish BP with tax hike as Gulf spill worsens". But more important is how our correspondent frames this:
Most just end up in Congress or the Senate at the corpgov trough.
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Coping: With Aliens Among Us Ever try to pin down when the first signs that America was headed down the 'wrong path' started to become evident? The date-range of 1954-1957 would be a pretty good guess. Cliff & I have talked about this a few times because we're both aware that something fundamentally changed back then which made the conquest of space extremely important.
No doubt, you're already familiar with the events of July 1952 mass UFO sighting over Washington DC. There's been a fair amount of research that considers whether this sightings event was some kind of precursor to a supposed meeting between President Eisenhower in with aliens (of the off-planet variety) in 1954...here's a good run-down on that.
Normally, I'd take such reports with a grain of sand, and maybe a couple of aspirin to boot. But, as things turn out I personally know a one- time military 'insider' who occasional drops confirmations on me of things that circulate on the net. Like this note:
I won't spoil your fun looking at the imagery...you'll have fun with that part. But it brings into focus something that has been bothering me for a very long time. Was Ike's famous speech warning of the 'military-industrial complex...the short version is here.
A couple of interesting thoughts come to mind while watching that.
One question is: If you were an off-worlder and wanting to infiltrate pretty much a whole planet, would dealing with 'government' be the most effective way to do it? Maybe not. Wouldn't multi-national corporations - able to operate out of the public eye at their highest levels be more effective since borders effectively don't exist to the world's 'super class' of rich?
Gets me to wondering whether the governments of the world have been merely 'played' while a military/industrial/alien consortium is doing a slow-motion takeover of the world.
Before you pass this off as wild-eyed speculation, the tie-in between what Gary McKinnon found when he hacked the Pentagon's computers and what users of night vision are seeing happening over our heads.
The pieces are almost preposterous, but as enough data points come in, an intrepid researcher realizes that "Where there's smoke there must be something else..."
Just this week a "Witness to Ike's UFO-E.T. "Brief' Comes forward" and is available with transcript here.
But the nagging question remains: Are these off-worldly sorts trustworthy? Hard telling, but seems to me there's only one way to find out...with plenty of caution.
"You Math Stinks" Dept. OK, a correction to our 'fart math' earlier this week:
Hilarious if you're keeping low, I suppose. It may also explain why sleeping bags don't fly.
Send your comments to george@ure.net Shop Till You Drop Department: Peoplenomics This Week Time to Regulate Computers? This being Mother's Day, our report will be somewhat brief, since lots of folks take Mom out to dinner and I don't want to be accused of wrecking the day by offloading more economic misery coming in the very near future from my shoulders onto yours. Instead, we'll take up an interesting discussion about computational horsepower and wonder at what age does a new technology need to be brought to heel by the public - or it's so-so representatives, government - before it does too much damage. With oil gushing into the Gulf based on computational drilling studies, and with Wall Street slammed under 9,800 on the Dow briefly this week, I will take up my Ned Ludd memorial computer hammer and advance threateningly on my i7 quad core with a menacing look on my face. Oh...and the buzz among us time monks this weekend is that the real 'dog poet' shows up - and it's a real canine!
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Cookie Video The folks at Maxa Research have put together a short video (sound track by guess who?) that shows the Maxa Cookie Manager. You can see it here.
I don't usually get all whipped up about software, but this is one of those dandy tools that just simply works great. First thing I put on my new computer when I got it was Avira Anti-virus and Maxa Cookie Manager (MCM). Either follow the on-screen download instructions of simply click:
Once you try it out, to upgrade to the fully functioning version, just click the upgrade button (!) on the upper right hand side for the $35 unlock to get it to remove even those nasty and highly intrusive 'non-browser specific' cookies. Bonus: You computer may run faster.
"Live on $10,000" A Year Having a hard time making ends meet? (Like who isn't, right?) A good starting point to better match up income with outgo is our $10 e-book "How to Live on #10,000 a Year...or less!"
It's an automatic download. It's written in an information dense style: The whole thing runs about 65 pages, but it gives you a vision of how to not only live on the cheap, but also how to migrate up the economic foodchain if you have a little hustle left. A bonus section called "How to Build Anything" should instill confidence if you've never taken on a home improvement/home creation project before, too..... Click here for the index and details.
MyGroPonics My commodity broker JB Slear and I have written a simple book to get you started on high density hydroponics. It's an example of how someone with a little creativity, access to a few 'dollar stores' and willing to try out some new farming techniques can grow an amazing amount of produce sin a very small space - like even an apartment balcony (if it gets some sunlight). Sound interesting? It's just $10 bucks here...
Pass It On A different take on things - that's what you'll find here most mornings. If you know of anyone who might also like our content, simply click here and send a link to them. Or, if you hated what you read, send the link to all your 'worst enemies'. Like they say in Burbank, "Ain't no such thing as bad press..." ---- Last week's report is always here.
Thursday May 13, 2010 Global Synchronized Mess Rally at the open, then a mid-session turn around I'd guess with my first dart of the day. Either that or we blast through 11,000. Second dart.
One of the neat things about being in an economic depression is trying to stay one step ahead of how everything's going to work out. But beyond that, the reason I wake every morning and can hardly wait to sit down in from of my four-screen monster system is to look at how this one is different from the 1930's event. We're watching what has to be the most monumental tug-of-war between inflation and deflation ever witnessed in human history.
Like the predecessor event in the 1930's, we're going down a 'path of no return'...a time when no matter what policymakers do, everything turns out badly.
This past weekend's global coordinated inflation pop: Seemed like a good thing to do, but look at some of the indicators and ask yourself "What has really changed from a week and one to two trillion dollars ago?" Nada.
Gold has made a nice little run, but it softened today in the pre-open. When you look back on gold and see that it was up around 1220 in December 2009, then apply a 5% inflation presumption, you can made a solid case for $1,281 gold this December and a line from December of last year to December of this, it comes pretty close to where we were this week.
Next comes the oil indicator. Blow-out in the Gulf of Mexico? Yep. Big problem? Yep? Pushing half a billion according to BP...and there are some sites around the web saying the DoD is considering a Hiroshima (or larger) tactical nuke set off underwater to close it down. Could that make things worse? Yes. But are the odds higher it will solve the problem? Maybe. But certainly no decisions will be made public on this until...oh early to mid July-ish.
However, in the meantime notice that the price of US crude is under $75 and the price of Brent crude is around $81. With the huge injection of play money last week, I would have expected a little more inflation to work its was through the system...but Titanic forces are at play which is my point.
Besides the inflation-deflation battle, there is a nice sub-lot going in this Depression that's a kind of standoff between the environment and those who believe "technology will save us all". Well summarized on the energy front by the BusinessWeek article "The Paradox of Deep Water: Lots of Oil, Lots of Danger". But the sub-lot shows up strongly elsewhere, too. In the battle over Climate versus data, in the battle between the real versus faux fur types (most of whom own leather shoes, or a leather belt but let's not be nit-picky...).
My point is that polarization is the game and to the degree that we all sit around shell shocked and polarized we play into the strategy of modern marketing departments (which I shamefully have been part of) that try to convince people they need something they really don't.
You start with the amorphous mass of humans and then figure out the divide and conquer strategies. Segmentation is what we marketing types call it. Want to sell an upscale car? Positioning and branding come to the rescue. Positioning, properly done, is a fine two-edged sword that can at once elevate your product while at the same time degrading the competition. Some skies are friendly, others not; some carmakers think quality is job one while others must not...that kind of thing.
Universally applied, most everything humans do is a battle beyond our immediate control. The battle just over something as simple as a pair of running shoes involves more research, strategy and tactics between Reebok and Nike that was ever considered for many of the major battles during World War One. Computation horsepower, quality of research, logistics, image control, branding, positioning, and value...why take any company with well developed sales & marketing skills and let them rerun history and I assure you with near certainty that history would have turned out much differently.
So too goes the battle in press coverage. Divide & conquer. Fox has one segment of audience in mind, CNN has another, Bloomberg another and so forth and that's before we get the to traditional Big Three.
When you watch or read the news, think of it as modern warfare: You and your loved ones have managed to scrape out a little piece of 'get by' and there are armies (at least battalions) or marketing departments trying to segment you into thinking this way or that. Their job: Separate you from your money...classic "mine the miners..." thinking.
Your job: If you come by here often enough, you'll develop a kind of aloofness about the secular goings-on and you'll start to appreciate that the PowersThatBe are the money-sucking leeches who profit when their companies make money so the only real ammunition you have in your family's arsenal is spending authority. In the end it's the most powerful weapon of all.
Politicians try to raise money, but they can't (at least in their home districts) so they sell out to corpgov lobbyists and special interest groups so guess which agenda rules?
Sexual orientation groups have organized their fundraising and marketing power so we read headlines like "Transgenders win discrimination tiff with American Eagle Outfitters, AG Andrew Cuomo forces changes". Not to place judgment on this, but can we please keep in mind that the whole sexual orientation discussion has an economic underpinning to it, whether you're talking clubs, music, lawyers, political fundraising groups and so on? Sexual orientation is a business model. Gets money moving, creates jobs.
Some Rocky Fellow funded groups have decided to pursue a social agenda of empowering illegal immigrants who along some a La Raza movement which grows and first thing you know, Los Angeles is boycotting Arizona and $7-odd million of contracts are being scrapped. Next up? Maybe Arizona won't sell L.A. power, or some other counter move. Immigration debate is a business model. Gets money moving, creates jobs.
Again, not being judgmental....just pointing out how 90% of everything in the news has an economic underpinning and those who don't read news from a largely socioeconomic perspective are missing most of the fun. Heck of a battle going on for your heart, mind, and wallet.
Stunned that the federal government had a huge $83-billion budget deficit in April...four times larger than year ago levels? Don't be: Paper is the only Band-Aid government really has to go around and patch things up. If they don't get enough outa your hide, they're just going to print some more up and hope you don't notice. Government expansion is a business model. Gets money moving, creates jobs. Seeing this yet? --- I must have taken an overdose of cynical pills this morning. Every time I watch the news, or read a story online, I ask myself: "What are they trying to sell me?" The follow-up question is just as important: "Would I buy it...even if it were free?" In most cases, you wouldn't.
Not to try and get you to put on business model glasses whenever you hear the news come on...but try it once in a while.
Next?
You Know Inflation Is Coming When.... ...You read headlines like "Low interest rates here to stay, says Bank of England." The real deal is enough of the gold guard losers were turned out May 6 in their elections that TPTB are scared and so along comes a bit of happy talk to settle the flock.
Housing Bottoming? Latest press release out of RealtyTrac:
Do I think the bottom is in yet? Well, we haven't bought any rentals on the cheap yet, have we? Maybe we'll drop by the FDIC Yard Sale Department...
Employment Improves a Tad Still, there's a chance since the latest weekly employment numbers are OK:
'Course that doesn't get into all the folks who will run out of benefits this summer and probably take to the streets over the lack of unemployment comp.
Your Lying Eyes Loved the quote in "Housing Optimists Are "Not Paying Attention" to the Facts, Says Dean Baker"...
Cheerfully Depressing The new online game: http://www.thebailoutgame.us/
Just Us in the End Humans do have a way of getting down to the nubbins of things, even if it takes a while. but the headlines out of Iceland that "Bankers jailed, sued as Iceland seeks culprits for crisis" sort of renews my faith that reasonable people will act reasonably in the end. Took long enough.
Political Fun Raising "Bill Clinton offers himself as lottery prize to pay off Hillary’s debts" reports the UK's Times Online. --- The obvious punchline - I mean if I were writing standup - would be "Leave it to the Clintons to invent a lottery where everyone loses..."
Global Warming The headline that "Jupiter loses one of its stripes and scientists are stumped why" in the UK's Mail Online probably has a simple explanation: Global heating or cooling.
Don't look now, but this might bolster my contention that much of what we got whipped into thinking about 'global warming' is a pan-solar system event. Whatever you do, don't mention the polar caps of Mars changing.
Hmmm...no sunspots going on today.
Linguistics: Diaspora Well, now....this is one that I will have to flag and send on to the Chief Time monk: Remember all the stuff in the Shape of Things to Come reports about Diaspora? And 220-million people moving around and all that?
Well, turns out there is a new up & coming social networking 'answer' to Facebook and it's main marketing point is what? The lack of privacy in Facebook ( I don't know many of the people who scribble on my wall, for example...).
"Four Nerds" have raised $10,000 says the NY Times and they are working up a new product called "Diaspora"! Yee gads....you don't think the bot reference is to a wholesale move to Diaspora the social network over privacy concerns, do you? Hmmmm...signups at
(* Around here Nerd is a fine label and one to be respected...Why, without nerds, we wouldn't have had any IT jobs to outsource to India!)
Then, ON To the Weird "President Eisenhower briefed on ET presence says former New Hampshire legislator..." Of course, the global take over by corpgov (Ike's military-industrial (and now pharma) complex is strictly coincidental, of course.
And if THAT Ain't Bizarre Enough... ...then peek at David Cameron's new British coalition government. --- I'll take the ET story about Ike and another shot of coffee over UK politics any time. At least we know the ET's have "To Serve Man" as an agenda. No telling WTF the Brits are doing.
Control the Net! Yikes: "German court orders wireless passwords for all". It's only a tiny fine ($126) for not securing your wireless router if I'm reading this right. But, if your router isn't secured and you have a buddy come over and download the whole net, you're not on the hook for the pilfered content.
Yet.
The digital noose is being ever so slowly tightened...
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Coping: Statesmanship A number of readers wrote in and explained - in no uncertain terms - that my recognition of Bernie Sanders for moving the ball forward on getting tough on the Fed was premature and besides, several noted, Ron Paul thinks Sanders watered things down too much. It is, after all, not a real complete audit of the Fed, just some revelations about who got what money.
OK, maybe. But politics is the art of the possible and that there was unanimity on this it seems is important. The vote, as I see it, put the Fed on notice that they are not above scrutiny and that Congress could - if they get riled up enough or hear enough from the folks back home - might actually do something about it.
Could sanders have shown more backbone? Sure, but that's easy to claim from 2,000 miles from Disneyland on the Potomac. I think it's a fine vote, and even if a first step in Seven-League Boots, it's a move in the right direction and so my optimism remain intact.
Global Cooling Not every day that we print up a whole press release, but the Space and Science Research Center down in Orlando has one that deserves a longer ponder:
I did mention no sunspots today? This is actually pretty important stuff. May not seem too big right now, but IF these folks are right, the recent development of homes up in the Canadian prairies might make a lot less sense than they did when heat was moving north. Similarly, the oppressive summer heat we usually get here in East Texas (95/95 - temp/humidity) has been late showing up this year and although we've gotten into the lower 90's a few days now, the humidity has been low relatively speaking.
It also sets up a kind of nightmare scenario for the world's food production which has been an ongoing (linguistic) hot spot. What could happen if, for example, the ocean conveyor systems which are already showing signs of weakness decide to shut down completely and who ocean ecosystems decide to change (or collapse) overnight? The spill in the GOM may be the least of our worries. Picture a Europe with no summer and so forth.
Confession: I had fish & chips for lunch Wednesday. Someone has to have the last helping served. --- I've often held that most humans have far more ability to control their lives than they give themselves credit for. I'm guessing with the possible exception of military families, most folks settle down into one part of the country and then seldom venture more than a hundred miles in any direction. Oh, sure, you may be the globe-trotter, but most people are not.
Something top think about: What was the best place to live in the country prior to global warming? Throw out risks from bordering countries and continental subsidence and such, and just stick with that one question. Is the place you're living now conducive to a long term family commitment? Would you consider, for example, passing on your home to one of your kids in your will to keep it in the family?
Odd question that - but it's will update time and one of the hardest questions of all is "Do we leave a home to one of the kids free and clear...or do we divide up the spoils and thus send all the kids to the bank with down payments and put them all in the mortgage noose?"
Around the Ranch: Tractor Testing Continues Either today, or tomorrow, I will be putting a new radiator ($249) and a new fan ($30) in our Kubota B7610.
"What happened?"
Well, we were clearing a fence line last weekend and I was pulling out old fencing. Good so far. But just as I was pulling on a strand of barb wire with the front forks, it broke and came flying toward the engine.
Normally this would have been stopped by the side covers on the engine, but these didn't last two years of heavy-duty tractoring. They snap on which may be fine for manufacturing, but they snap off when a 1½ diameter piece of brush gets under it and the operator is looking at something on the other side.
So the barb wire got wrapped up in the fan, and besides chewing up the plastic fan blades it also ground a nice little hole in the radiator. Rather than risk a rebuild job I opted for new parts. When I get some time, I know a guy in town who may be able to save the old core, and with some judicious cutting and balancing work in the shop, a passable (get by) fan may be salvaged.
I mention this because them 'row croppers' may not put much in the way of demands on tractors, but if you ever want a tractor really wrung out, just sent it along and I promise to give you a full performance report back, along with all the broken parts accumulated along the way.
Several people have suggested what we really need for my equipment style would be a Cat D-6 with a six-way blade. I keep looking in Machinery Trader and they run about twice the price of a brand new Kubota, plus the blade won't lift a barrel; of diesel off the pickup.
Still, may be something to the idea that a 140 hp crawler might be able to clear a fence line better than a 24 hp small tractor. But when I invariably break the Cat, it's gonna be more for parts.
Wednesday May 12, 2010 Watching the Fed - Gold Soars If there was ever a good reason to throw down membership in either the democon or republicorps parties, it has to be the success of Independent Senator Bernie Sanders of Vermont who has managed to get a "Fed Transparency Amendment" through the Senate.
Which brings us to a very interesting question to toss into the idea blender this morning: How much of the move by Gold, which is off to new records (and apparently going even higher) due to the instant creation of more than a trillion dollars of paper 'money' - which watered down the world's currencies by X percent since last weekend, and how much may be attributable to the clock now running on at least some measure of public accountability for the Fed?
Probably not too much...but hey! It's a start. And at least around here Senator Bernie Sanders gets his title (Senator) capitalized - quite a mark of distinction from his colleagues who remain in lower case and lwer caste for failing to do the right thing for the American public in the first place.
From Census:
This is one of those "No crap, Sherlock?" kind of numbers. American corporations continue to put more and more jobs offshore, leaving fewer working in America (except for government) and guess what happens to the BOT? Goes sucky-suck... You know, like for every action there is an opposite and equal reaction?
Still More Truth Leaks A couple of months old now, but have you seen the Robert D. Steele video on YouTube? Seems to be getting traction. Example: "It's costing the American public $1.2 billion dollars a week for a guy who can't read..." He calls out Paul Wolfowitcz for lying and continues: "You don't let people lie like that: It's unprofessional to confuse loyalty with integrity..." And it just gets better from there..."Our Generals have been too eager to keep their stars and not eager enough to think for themselves..."
Why imagine...UrbanSurvival kind of thinking from a former insider. What will happen next? 'Nother fine snip:
"The time has come to dump congress on its ass - the government has gotten stupid to the point they can't write a statement of work..."
Deutsche Marks Vs. Euros Long Term A 'news tip' which we take with a grain of salt from a news tipster says...
The note then offers a translation attributed to "The Bullionaer" site which asserts:
Although it's only rumor at this point floating about the blogosphere, it's an interesting one that would serve to further pump up gold...so we sniff further...
Writing in Germany's Spiegel, Armin Mahler writes of the unique inflationary dangers of the recent Euro bailout:
How to figure it all? Here's my present thinking, subject to minute-by-minute change as new data shows up:
We have a 20% chance the Euro bail will work all by itself. Then perhaps another 60% chance that it will work, but only with additional high inflation producing paper-hanging. And then there's the 20% chance at the outlier edge of worst of cases that the Euro fails completely, which will then lead to the breakdown of other regional trading block wet dreams like the the 'Stans wars, the North American Union and other globalist power-grabs.
Based on the Predictive Linguistics work, this might account for the building tensions toward July 11th...and the Euro fails around then, it would stand to reason that the Big November events we're looking for would come in that November 8-12 period when something like a follow-on collapse of the US dollar as global reserve currency and a return to simple gold/silver backed notes would arise.
Senator Sanders' audit the Fed is a step in that direction as I see it and if things worked out that way, gold might rise to $10,000-$50,000 an ounce because there's just not enough gold in the world to do otherwise.
Somewhere in there, the paymasters for Gordo the Gold Seller in the UK would be smirking about a well-executed muddle through option, but as I read the tea leaves, that'd be when the hoards of swindled humans, bereft of their life saves, would start to show up with pitchforks demanding justice on a string.
Linguistically it would fill with ""We the People in a global sense hitting a major turn in the battle against corporatism in July and the battle's won by fall...It'll be a hell of a Libretto, but that's one way the data could line up and certainly at least a general direction things seem to be turning.
I might even make a nickel bet on the Euro going toast in July, but there's much more that could go wrong, so no assurances this will be right, only that its one possible data fitting. --- A reader who followed our "summer of hell" prediction for last year wonders ". Hmmm.... Maybe you had a little time slippage?"
Yup, happens all the time. The bigger the meme (death of the dollar - November) the longer the lead time and no, there are no 'signposts up ahead" in modelspace. Just that's where we're going and which November? We try to get that as we can.
Oh, and then we don't say anything much about certain events in advance, so as not to run the PowersThatBe game for them. Much more fun to see the future catch them unawares. Fun of being a time monk (ey).
Jas On Bankstering If you're wondering about the possibilities of Goldman Sachs, BofA, JPM Chase and Citigroup having a perfect quarter, my deflationist pal Jas Jain is wondering the same thing. (He's also asking "Why'd we give them bailout money again?"
That's what I love about Jas...his mild-mannered understatement of events.
Next Stop California Not like one crisis isn't leading to the next. The Economic Policy Journal says "Here we go, the Crisis moves to California: $18.6 billion budget deficit."
No, they don't explain how the gnomes of Greenwich are pushing things along that plank. you'll have to wait for Howard Hill to explain that...but that's the behind the scenes deal. Bankrupting California will pay off handsomely for a few wealthy scumbags who twist events for profits and have no social consciousness. --- Meantime, Howard's "Good Bots, Bad Bots" piece is a must read if you're wondering how web bot technology can exploit humans and investing. We're on the "Good bots" side, just so's you know.
Climate of Change "Coldest weather in 30 years marks the state of a series of Extreme Winters" headlines the UK's Telegraph.
I kinda miss global warming...Officially, here in the land of cattle, trees, and hay, we're 40% behind "normal" rainfall. Start thinking "Drought!" and watch for it in headlines. (Unless you're in Tennessee, of course.)
Whipping Boy of the Day Syria which according to reports is getting WMD's from North Korea says Israel.
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Coping: Slick PR Job Worth reading: Brian Hartman's "Reporter's Notebook" piece "No Press Allowed? ABC Reporter Turned Away from Oil Spill Command Center." Why press aren't being allowed to watch on scene is beyond me. No, I take that back: spoon-feeding the media once a day makes sense if they're trying to control the public perception of an event - which is what PR department/damage control plans are about.
But we keep hearing about problems being considered as the spill move toward Texas and rumors of DoD and civilian response plans for when the winds change and the oil heads east.
So, about the only thing is the daily spill map:
The dark (big) outline is where - with uncertainty applioed- the spill could reach by Friday evening 6 PM.
As to comparisons with past disasters, we note the Exxon Valdez spill involved 10.8 million US gallons.
With this data in hand, we can estimate that on (or about) June 10, this will pass the Exxon Valdez in size. And, it will be double the Exxon Valdez by about August 1st. September 22 it will be three times the Exxon Valdez and - if they haven't got it shut down, November 12 or so it will be four times the size of Exxon Valdez.
Another Dreamer Notices My 'Irwin Allen" dreams are not just an isolated event:
Dreams are an area where I throw all caution to the wind. Before going to sleep each night I take time to deliberate 'empower' myself by allowing that I am about to enter a new world where I get to directly be involved in co-creating Reality with the Universe (ruler-of-all) and once you're working that side of the street, t'ain't much to worry about in dreams because you remain connected with the Source. Not that it doesn't get strange and freaky, but never scary if you get that unconditional collaborate tied up first...
Plan Your Own Retirement If you ever thought about doing your own version of a pension plan, you might want to read the Investors Business Daily piece on how the Feds covet private retirement systems under the headline "Federal Mutual Fund"...
There is no Social Security Trust Fund, only piles of IOU's and whether they will have any real residual value when those of us in our 60's need the dough remains to be seen. But if it all disappears (come November?) don't go blaming me.
In times of old, people maintained good relations with their families so that while the kids were young, grand parents could pass on intergenerational values. Today, paren5ts and kids are all largely off doing separate paths and as a result, the grandmother at home keeping an eye on the kids when they came home from school to keep them out of mischief (or jail) has largely disappeared.
Just something to think about for both ends of the demographic spectrum. Government programs and the culture of mass consumption have served to divide (and conquer) the family unit, which through historical times through about the 1970's included seniors passing on values and knowledge.
Which sets the stage for further disaster, but you're NOT supposed to notice that.
Jumping Jack's Flash Remember our discussion about why fart's rise? Some reqaders have nothing better to do in their spare time than this:
NASA don't need rockets...I just need more readers...if'n you follow my..er....drift.
Tuesday May 11, 2010 Circle Jerk - Euro Toast A rant: I suppose I should tell you how the Big Rally was funded Monday. The Fed took the extraordinary step of...
Then the Bank of Japan, too. The 'nicey-nice' explanation is that...
What really happens is - in effect - the world just created a couple of trillion of 'play money' which has to go somewhere and into currencies that are failing, countries that are failing, and indirectly it slops over into markets that are failing as well. We get a paper rally and "Disaster is averted!" which of course, it isn't but appearances are kept and the sheep stay neatly flocked. Provided they didn't catch Letterman last week. Truth leaks do happen now and then.
Give me a couple of trillion Euros and Dollars and I'll show you a 404 point rally any day you want. But stand well back, because at some point, someone besides me is gonna figure out this will start Gold on a moonshot. Maybe.
There, don't you feel better about Tuesday already?
Well, don't. It is starting to dawn on people other than you and me that printing money won't over time save the world.
This classic watering down the purchasing power of paper has not gone unnoticed in the gold market, however. When I looked (while in my writing trance) it was up more than $15. But that should be only the tip of the iceberg.
Think of it this way: If you had one ounce of gold and there was $1,200 dollars in circulation and trying to buy that one ounce of gold, the price would be $1,200 per ounce. Now suppose the governments of the world got together one weekend (like last weekend) and decided to inflate paper by some astronomical number...maybe 10% world wide under the guise of 'economic stability".
This means there would (over time as money systemically sloshed around) be $1,320 available to buy that ounce of gold...not overnight but it's a reasonable number and one reason why buying gold has been the best single-investment decision I've ever made.
The further upside doesn't just come from the watering down of money, but you might be able to toss in another 10% as people slowly lose confidence in their paper "money" as having durable value-holding power over time. Might go to something like $1,500 in a matter of a few months.
And then lets throw in the huge head of steam inflation has been building up in the background especially in food and other necessities. Why do I work in my garden? Why do I have more solar panels and another grid-tied inverter ordered? Well, duh. --- September of 2001 I could have bought the Dow at 8,500. The down is near 11,00 now so (ignoring inflation). That's a sickly 29.4% return.
Stupidly, I bought $265 gold instead so we have to suffer through a measly 459% return. Damn.
All of this gets me around to the topic of Peoplenomics this weekend for subscribers: "When Paper's Not Vogue". An exploration of what fundamental changes will occur when the Age of Paper Money Making Paper Money passes into the history books. --- Although the German stock market is up (something like 4% this morning) the other Euro markets are weak and futures here in the US mean that I will likely come out with a nice little gain on the triple-short financials ETF (FAZ) when I get around to closing that position if, for example, the Dow drops 2% (which would be around 200 points). --- I'm not a financial genius - I'm a marketer/salesman/concept/creative guy and the reason we have what in football would be called good 'field position' is I didn't trust anyone but myself...and I would recommend the same course to you. Will Social Security provide a decent retirement no matter how much you contribute? No, not unless you have your overhead near zero and have no cost of housing, a paid for car and other things.
"Fine, but what about the rest of us?"
Easy:
When you go to the store to buy two of something, stretch yourself and buy a third. Whether it's rolls of TP or cans of beans. Store some ranch style beans - good protein. Start a little garden and go for high nourishment content items like broccoli and such. Get good hiking shoes, maybe pick up a used backpack or two. Find large state or federal parks and get into hiking. A water filter. Get the family involved in outdoor activities. Get tough. Mentally and physically. Read military manuals on everything. Learn to anticipate events. Develop friends in rural places. Keep the cars filled with gas (3/4 tank or more). Build a bug out plan. Maybe cache some beans and a GOOD bag ready. (Get Out Of Dodge bag.). Terrain maps for hiking, yada, yada, yada....hedge, hedge hedge! --- Most people never thing to EMPOWER THEMSELVES TO BE GREAT and instead, they all get in the longest/slowest line at the grocery store rather than going shopping when no one else is. Lock-step of the flock.
Shop at 6 AM and check out by 7 and you'll almost never have a line. Most of the breads come in around 6:30, veggies out by 6:45 or 7 (depending on store) but it's this way of thinking unconventionally that just seems beyond the grasp of people. They get into patterns like "Sleep till one minute before needing to be at work and then get high blood pressure over playing 10-hours of catch up..." Then they shop at the busiest possible times and park at the far end of the lot and.....oh it's bothersome. How stoopid!
My deflationist pal Jas Jain often refers to Americans as bore & bred dopes. Much as I'd like to argue with him, the number of people that step outside 'normal" and decide to live an exceptional life on their terms and on their time is near zero.
To live an exceptional life, you have to act in exceptional ways. Almost no one does, however...which is why so many people are 'average'.
Maybe Jas is onto something with born & bred dopes...got to admit the data seems to support Dr. Jain's insight. But enough, on to the days news and events. Just try to do a couple of pattern-busters every day and see if you can live a more effective life. It's really not that hard,.
Nice Work If You Can Get It Department "Citi to pay board member Joss $350,000 for Consulting." I gotta raise my consulting rates.
Tax Screw Job The headline "World Health Organization moving ahead on billions in Internet and other Taxes" just hit the 'piss-me-off' nerve.
In case no one remembers but me, America is a sovereign country and by what authority would any internationalist/globalist/elitist organization start taxing US citizens?
No, I am not anti-medicine...very much pro medicine. But anti globalist? Defend America from all enemies foreign and domestic? Hell yes. This is a globalist tax screw job in the making and anyone who votes for imposition of any global tax goes down in my book as guilty of treason. End runs around Congress? Nope.
That's pretty simple, isn't it? Wonder if anyone sells hearing aids or eyeglasses in Washington? --- But wait - this globalist crap is popping up here too: "Obama eyes global gun control and martial law critics say". Can't let slaves have weapons, I guess.
Them Winds Five dead in Oklahoma winds Monday night.
Terra Bytes Say, every once in a while I will go yammering on about "new lands rising" in the bot runs - and the converse, which would be land subsiding (sinking beneath the waves).
Invariably, when I do, I get slammed with email from people who give me one of the hundreds of derivations of "You're full-o-crap, Ure"
But oh-oh, here's a BIG UGLY FACT for my position that such things happen with some regularity: "Scientists find sunken islands in the Caribbean"
Just something to think about next time you get to trusting the ground under your feet is really solid...rock solid...and that kinda thing.
Consumer Warning I trust you saw last month's CBS story about how used copiers are a digital time bomb because they have hard drives. Going viral.
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Coping: Not So Fast, Slick Yes...there's a fine question from a reader here:
No problem! Yeah, we were talking about it just Monday. And all the stuff with the methane hydrates causing problems, yeow Mr. Science, this is a nightmare.
Been hearing rumors that certain levels of government are wondering what to do "IF_______" happens. And that's a lot of 'effing 'iffing, if you follow.
Remember a long while back we had that stuff about 200-million people in motion/diaspora, moving NORTH in the linguistics? Draw a 450 mile circles around the spill and you get what? Worse than bad. Can you imagine the horror of a whole state (like Florida, just for instance) being evacuated? What about the Texas part of the Gulf Coast, then there's everything in between.
Then depending on the winds that would drive things north, the evacuation area might conceivably include everything between Memphis and the incident, between Atlanta and the incident...and the head hurts just thinking about how bad this could all turn out. Not that someone inside DoD isn't asking WTF already...remember inside the 400-mile circle there is all kinds of national security related stuff to worry about. You've got a lot of NASA, training for the various arms of the military, and what's worse is that yes, it could all go very badly with those methane hydrates.
Cut to a new thought: Remember the explosion of CO2 from Lake Nyos in West Cameroon? No? Killed something like 1700 people, and every bit of livestock up to 25 KM away - it's early so that's a radius of 15.53 (and we'll skip the additional decimal points because it's too early to worry about those...).
But having a memory, or at least brushing emails with those who do (and who do who-do too) I had to do a little 'rithmetic to prioritize what we were going to be doing with our rancherly home out here in the midst of nowhere, which is 490 miles (plus or minus an Old Crow) from water zero (I'd say ground zero, but you'd get lost as is rightful for the hour).
Hauled out the reference material to look up some specific gravities. You remember that air as a specific gravity of 1.00 which we presume to be at STP (standard temp & pressure - don't ask because then we can start talking about "What's sea level and neither of us will get anything done all day...).
Turns out methane (not your meth, just plain CH4!) has a SG of 0.55. By the way our handy-dandy source on this also lists "Digestive Gas" (sewage or biogas sourced) as having a SG of 0.80 - meaning - now we get to important learning for which this site is famous - this is why farts rise.
This leads to the important realization that several areas of linguistic history are wrong! For example, the old military/vulgar term "fart sack" (for sleeping bag) should be more properly positioned as a "fart balloon" with insufficient lifting.
And you know that fraction of an ounce people lose at death? Wonder if it's just escaping gas...never thought to see if afterlife speculation would pass the 'sniff test', butt I digress...
Armed with this important perspective on Life and Chemistry, you may wish to closely inspect the paint on the ceilings of your bathroom and bedroom for deterioration. You should have plenty of time to get them repainted before any evacuation.
While monkey mind is getting all excited about selling the 930 and buying either a Cessna 150 or a Cessna 172 (write if you have a plane and want to do a cash and car trade, BTW).
The reality (based on flimsy early morning/can't sleep with brain functioning) is that the methane coming off the hydrates when they pop over 4-5º C at a pressure of 50 atmospheres will bubble up and keep on going. Not super fast, but faster than a rising fart - which everyone knows about, but nobody talks about.
Except, of course, people who paint ceilings. --- Oh, and if there's enough oil that can be sucked up by a hurricane, I've filed a patent ap on a fine new low-cost system and method for making glass surfaced freeways...with an F-5 blow torch of course! Just a matter of turning on HAARP, steering it just so...touching the puppy off with a couple of bags of Kingsford in its path and suddenly, new freeways would appear.
Another "Irwin Allen's Dreams" Member Got this theory that as we get closer to 2012 some of us are simply going to have to figure out how to live in 'two worlds". Meaning what? Well try this one on for size:
No, I don't know what the phenomena is...but that's exactly what I have been experiencing too. How about this for a theory: 2012 is when the world collides with another Universe and some of us get to 'jump' between sides? That the plot in my book Dimension Barrier...but honestly haven't had much time to work on it lately. But wonder how many people are experiencing increasing 'real' feeling dreams? Wowzer...strange concept, huh?
Almost like being a human from 'this side' descending into an ancient kiva in Louis L'Amour's The Haunted Mesa...and being in a whole 'other reality".
Alien Wars Question From a reader:
First - it's a great question because I've asked it myself. But, the answer is No, don't think so. The reason has to do with where the data appears. Think of looking through modelspace as a 3-dimensional scatter chart, where there are a bunch of different slices of break (you're looking from one heel toward the other and there are plenty of slices in between.
Each of these 'slices' has different stuff in it -- very much like how time slices off an analog to digital converter work. In the case of an A to D converter, each 'slice' has different information in it than the previous one (unless you're slice a constant tone...in which case (depending on frequencies) you will get a repetition of digital frames....but don't let me get too far off track.
So each of these regions (slices) in modelspace is about something. There's a region about The Press, the PowersThatBe, PopUS, GlobalPop, Markets, yada, yada, yada...
But after all the shifty little pixels get assigned, there were still a whole pile left over and what did they have in common? They referenced terms like space/alien wars/ strange energy from space, UFO's and things of that flavor. Hmmmm...what to do? Add a new slice (SpaceGoatFarts) as an entity name and move on...since this is effectively the slice/region where uncategorized data lives.
But wait! There really is a big deal going on about illegal aliens, changes in law in Arizona (Oklahoma is part of this, and so too Texas, New Mexico and even California may (or is) a participant to one degree or another).
But in modelspace, the 'alien wars' data doesn't fall in a logical meta set (think slice for simplicity, although slices & meta sets don't get lined up as neatly as sliced bread). References to Alien Wars if it were of the bordering type would be expected to be found where?
Considering the coyote/ drug money /human trafficking ends up in the pockets of TPTB, we might see some referencing in TPTB entity. And where do you expect in terms of population impacts? A shade in GlobalPop, but it'd be mainly PopUSA oriented. And the odd geographical references would be to things like moon or stars, or Sun, or things upward and outward. We'd expect to see local references to places on the ground.
Kind of a longish answer, but SpaceGoatFarts is due to make an appearance over summer so whether it comes from increased UFO sightings, or things of that sort (maybe cross-links to TPTB, for instance) the illegal immigration might be better described close to other expectations like Diaspora...which could come along depending on how bad the oil slick (previous story) spreads about.
Of course, when out on the bleeding edge of language and computer science, anything is possible. It's just that alien wars shows up in SpaceGoatFarts where something like a pending meteor impact, new discoveries in space etc., belong in the bit buckets.
Loran Meets SGF Speaking of the SGF entity:
I've always been fond of LORAN myself. And yes, this sets up more 'single point of failure' for spatial location. It's also the kind of thing that gets foreshadowed in the SGF entity.
Time Distortions/Hyperchronism Had a neat emai8l come in about certain kinds of screensavers (esp. in the corpgov computing world) seem to warp the clocks on individual computers, so Hyperchronism may not have anything to do with some events...just computational glitches. But consider this report from March (which I overlooked posting - got buried in a filter):
This one is likely NOT Hyperchronism. Instead, it sounds like a timer chip is periodically losing its mind and it may be due to over/or/under voltage or some kind of stray RF field. Stray RF is curious stuff. Cell phones, for example, if on, keep sending 'here I am" messages to cell towers when charging. Or, around the ranch, the microwave shuts down high-speed internet via both G and N routers because our microwave is closer and presumably the front-end on the receivers in the computers does have adjacent channel rejection (and we will get a new microwave just incase of leakage).
If you had some other (external) time reference, like a mechanical clock that kept near perfect time and both were wonky and there were events that had a fuzzy quality or ultra-intense quality to them, then maybe. Or like the changing cars aspect...that's the flavor. Not a single timer chip.
A Shameless Plug Every so often a reader will send along a gift (for reasons that aren't clear) with a note that says "enjoy!" Well, a couple of days back we got a package from http://www.blackbirdnaturals.com/ which contained chocolate truffles. Oh my....served cold, of course...and with scalding hot coffee freshly brewed.
A truffle and coffee is not a bad way to start a day - and kick-start brain. Always enjoyed the mix of cacao and caffeine.
Read about their "food forest" too. Elaine & I are herbing in the garden and I'm trying to get 2-dozen coffee trees (various varieties) to hatch out along with some Himalayan banana plants. Coupled with the tea plants, which will yield some of the best anti-oxidants in the world, this whole gardening / eating for life approach is catching on...and Blackbird's on the right path.
Monday May 10, 2010 Humungous Big LaBounsky! Sky High Monday bring with it the hardest lesson of all in the field of investing (which is really wild-eyed gambling, since you don't have a computer to front-run everyone's trades on your PlayStation or Wii set-up, like the Hounds of Banksterville enjoy) is the fine art of sitting on your wallet.
Case in point: Friday of last week till today. We knew, or at least nearly so, that there would be a very, very, very...ok a Humongous Big Bounce after the market's 9,787 Dow near death experience on May 6. I almost started buying long-term put options on my favorite 'love-to-hate-it' financial stock, but had the good sense to wait for the bounce.
In sports car racing, it's like when you're driving hard corners and your nursing your car through CPR: Control the slide/drift, Pause as the suspension loads up, and then steer the Recovery. During the "Pause" part, time telescopes and you go into this martial arts trace-like state and it seems the suspension load time takes forever to arrive, but eventually it does ands then you play wheel-slinger.
Same kind of thing in the investment world. You pause....and while every last neuron is screaming "Get back into those long term puts Right Now! you resist and wait while market forces 'load up' and pressures equalize a bit before tossing the money on the table again.
With this short discussion of how patience and waiting for the exact moment to arrive, we note this morning that some markets is Europe have made HUGE recoveries today. The British Footsie 100 was up almost 5% when I peeked, while Germany was up 4½% and then some, but the Vienna market (^ATX) was smoking everyone with a gain of more than 9% when I looked.
Robin Landry spent a good bit of the weekend pondering charts, 2 standard deviation trendlines and a whole lot more and then issued an update to his colleagues in the investment world who follow his work:
Between you, me, and the fencepost, I will likely sit on my wallet until the market pops up to the Dow 10,800-10,900 level before wading in on the short side. But, the way Europe is looking this morning, we could see that by mid week especially if there's enough happy talk around.
Even in horrific grinder/bear markets there are always rallies and many times (historically) they have been violent. Along comes days like this one which give people reason for hope but in the end, it's usually just one more chance to separate people from their retirement and college funds, and to further beggar the regular folks who do all the work.
Futures are screaming ahead...so I'll be able to enter shorts at much better prices...but wow! Sitting on your wallet takes work! Here all this time I thought sitting on your ass was easy.
GlobalRev Notes There's a good Robert Samuelson column in the WaPo this morning under the headline "The welfare state's death spiral" but since futures are up a fair bit this morning, on the weekend Euro rescue plan for $750-billion, that might take just a bit more time.
The march toward globalism continues pretty much unabated. While it was reported recently (sorry don't have a bookmark on this one) that something like 69% of Germans favored scrapping the Euro and going back to their own currency, the D-Mark, the government of the country nevertheless indentured the German public to bail out Greece.
One source, whoever noted that:
Which certainly makes the globalist case, but can global governments be trusted?
There is a disturbing trend for governments to become less and less responsive to the electorate Not only are governments willing to bypass the 'will of the people' on things like the Bankster Bailouts here in the US, but in Europe, there's a further layer of governance (EU) which sits atop the formerly national governments on the Continent and UK. Thus, all a good globalist has to do in order to move forward toward World Government by the PowersThatBe is elevate any decision-making to the unelected layer of government and tah-dah! The PTB own world is complete.
Although the PIIGS fly this morning, there's a really serious question to be asked and the WSJ Online MarketBeat puts it simply enough: "Will EU bailout plan be Enough?"
Hell yes! Let me lay it out in Ure Logic (Boolean Foolean) form:
Why, of course! Till the next round, that is. The globalist steamroller is doing its thing despite the protests in Greece and soon Ireland and other countries. But, before we go there, the local layer of European government needs a couple of weeks to tell the EU ninnies upstairs "We ain't paying no €750-billion Euro because of voter blowback. And then we'll be sliding down in markets again, except the simmering anger will be greater and the emotions even higher. German resentment is evident.
From the standpoint of TPTB, however, global resistance is looking momentarily futile. Sings of rebellion & revolution are tamed after the weekend's papering-over session. Littler stories like "Somali rebel group vows to free pirate captives" are nothing more than noise in the bankster/globalist agenda. Gives navies something to do and a reason to raise insurance rates.
Eight troops killed in India over the weekend? Maoists for sure.
"Rebellious Mood Takes Root in Rural Thailand" says the NYT, but again, mere budget dust to TPTB.
Even where the globalrev meme is knocking on America's door, exploiting humans and profiting off drugs - some of which money sticks to the fingers of TPTB anyway - we see little press over the US extending it's Mexico travel warning. Instead we see a pile-on attempt by those promoting illegal immigration, while Oklahoma may become the 'next Arizona as they deny illegal immigrants public benefits.
Greece ain't over till it's over, either. Pension cuts are not going to go over well, even if there's a trillion dollar bailout going on.
One thing's for sure: GlobalRev is high tech. Venezuela's Hugo Chavez has reportedly hired 200 people to manage his Twitter account. Wonder how much our government spent on tweeting Iran?
Oil Spews on...comes toward Texas. Current 72-hour forecast:
Kagan To SupCo? US Solicitor General Elena Kagan is rumored to be the Obama administration's pick for the upcoming Supreme Court job:
"Elena Kagan was confirmed as the 45th Solicitor General of the United States in March 2009. Prior to her confirmation, Elena Kagan was the Charles Hamilton Houston Professor of Law and the 11th Dean of Harvard Law School. During her nearly six-year tenure as Dean, Harvard Law School expanded and enhanced its faculty, modernized its curriculum, developed new campus facilities, promoted public service, and improved the student experience. " Announcement due in about an hour or so... Like It Matters Department? "Anger over reality television 'virgin auction'." I am so disappointed the Australians came up with the idea instead of Hollywood. Why, this is an area where...oops, better shut up before I say something beyond G-rated.
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Coping: Monday's & Dog Days Normally (something of a joke between time monks, as 'normal' was pronounced dead & buried about 1999 before the internet bubble collapsed) I don't post anything more than the odd quote out of Peoplenomics since the people who pay to keep Peoplenomics going actually pay the costs of the free site, too. But, then again, certain times a major web bot hit comes along which demands wider distribution since it is a 'biggie' and unless we talk about it here (on UrbanSurvival and the www.independencejournal.com mirror site) run-of-the-mill folks might occasionally find themselves with a blank stare pondering something out here 'in the wild' on the net with a big "HUH?" hanging over them.
Since stamping out "Huh?" looks is one of the small pleasures of live, here's the lowdown on the dog poet linguistics which are now being filled in a major way which is particularly graceful since in Greece the Meltemis (a foehn/sirocco type wind) will soon be blowing (and with high positive ion counts, making Greeks even more nuts than usual) and the proximity to the 'dog days' of summer.... My Universe is so...so....poetic...
You're welcome to be skeptical, so here's a list of a few of the prior references to the 'dog poet' linguistics going back to 2009. Remember, under "Ure's Theorem" the longer the lead time before an event, the larger the event tends to be in terms of emotive impacts. I'd be looking for book deals, an Oprah guest shot, book, documentary, and a whole lot more music/poetry being ascribed/dedicated to the pooch. Might even end up in odd places like ordering the Monday morning wake-up juice.
Instead of saying "Triple shot Americano tall with a shake of cinnamon..." might turn into a "Triple shot American tall Kanellos..." and only the coolest and hippest around GlobalRev's fringes would recognize it as the barista's version of "the secret handshake..."
A reader offers this:
Yes, we find the same expression at the tip of our tongues often these days.
Monday At the WuJo: Morphing Cars/Hyperchronism As every reader knows, the WuJo is the dojo where woo woo stuff meets Mr. Science & Jimmy out on the mat to sort things out
No, pahdnah, you ain't alone noticing time 'glitches'. Here's another reader report:
Uh-huh. Yep...hyperchroniac disease. More hints at it? OK, fasten your seat belt..
It's also a worldwide phenomena, too!
Nothing surprises us, of course. But something to ponder is this: Yoiu saw that paper I referenced on the Los Alamos National Laboratories server a while back (in 2009)?
Possibilities to Ponder:
I think I'll go put on Chicago's "Does anybody really know what time it is? " now and ponder a bit.
Hints for the new reader: MWI
Before the chart, a little background: Once upon a time, a long while ago, I observed during my quest for 'truth' in economics, that the PowersThatBe, the talking heads on the teeve, and the other information sources that actively engage in the programming of humans not to think, had conveniently swept several trillions of dollars that disappeared in the Internet Bubble's bursting (since spring 2000) under the rug. Surely, it wasn't unnoticed by the thousands of people who called brokers and said "Where is my money?" "Gone, but hang in there as you're a long term investor!" was about all they heard back.
So one of our charts for Peoplenomics subscribers oughta be widely circulated - it shows that if you line up the peak of the Dow in January 2000 with the peak in early September of 1929, we're on a very very close replay track. Much closer than even the chart shows if you were to back out inflation, and put in the effects of 1929 deflation, but that'd be real work, and I'm sort of lazy if the truth be told.
No, it's not a perfect replay of 1929, but history doesn't repeat exactly, it only rhymes. So think of this as the rhymes and the crimes chart:
"George, that's only a coincidence!" your monkey-mind will protest.
Why sure it is...you bet. A 9½ year long coincidence...yessir....just a coincidence, I'm sure...
Write when you get rich,
George Ure, The People's Economist
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This is a Free Financial News and economic information site updated daily except Sundays. If you can not get to www.urbansurvival.com from your corpgov workstation, please try our mirror site: www.independencejournal.com . This site is also available at www2.urbansurvival.com and www3.urbansurvival.com which may not be blocked. · Bulletins are posted as our work schedule permits and as events warrant. · I try to publish Monday-Saturday by 8 AM Central Time/ 9 AM Eastern with 7:55 Central pretty normal. If you're easily offended by the occasional typo, then check about 8:15 Central we usually proofread and spell check after the first post. We've had some amusing typos in the past... Sometimes a Saturday issue will be dropped due to projects & chores on our ranch. · Financial and news judgments of the publisher are not to be considered "advice" · Please read and understand our disclaimer · All original content © 1997-2010 by George A. Ure except sources as linked. Very short extracts are occasionally used under 'fair use' but never entire articles without permission. That would be beyond 'fair use'. · Copyright of all linked articles is cited under fair use as this is a topic specific site (long wave economics and humanistic economics, which we call "Peoplenomics"
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