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Friday August
26, 2011 7:55 AM
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A Little Ben'll Do Ya? Some of the most ridiculous headlines in a good long while passed on the ' net yesterday including some going to the idea that the markets were 'holding their breath' waiting on this morning's comments of Fed Chief Ben Bernanke up in Jackson Hole, Wyoming. The notion that a 'little Ben' is just the tonic for the markets right now is so far past stoopid, I've grabbed the ViseGrips to pinch myself already and it's only 5 AM.
But here's why: The weekly H.6 Money Stocks report came out (as it does) on Thursday and once again there it is in bitter/stark relief already: QE3 is already underway. The most recent three months of M1 annualizes to an inflation rate of 22.6% while the M2 rate (cash, demand deposits, a ham sandwich with a side helping of CD's) is blasting away at 15.6 percent annualized moonshot.
It gets better: As I told you when the first/preliminary July numbers started to pop, the M1 rate for the most recent month is a nitro-grabbing 3.0091 percent per month. Pushes out to an annualized rate of 42.728 percent. M2, the slightly broader measure, is going ballistic as well: 30.13 percent annualized.
Now, this doesn't sound so bad, except for my two little asterisks (*, and **).
The first * (gotcha) is that this is July data. What month is this? No telling what's going on here lately. I'm guessing an even higher rate.
The second **'s relate to the GDP report. We'll get to the numbers for today on this front in a second, but here's the point: Velocity of Money is (ever so approximately) GDP divided by M2. At the 2009 market lows, Velocity figured this way was running ab out 1.64. A polite way of saying each M2 dollar 'turned over' (or was used) 1.64 times that year.
based on last month's GDP (and using the corresponding M2, which is what we have with lag time) we figure Velocity is down to 1.610956.
Now, this is not Bernanke's fault. He can't help it if Congress squandered what may have been its one chance to stimulate the economy right by pumping 1.5-2% of GDP out there into infrastructure and construction jobs that would have reall turned the economy around. (This is what China did when say saw trouble coming - and it worked.)
Instead, Congress' half-assed efforts are bearing what? Bitter fruit, of course!
Maybe, just maybe this morning's GDP report will bring a reported GDP of something bigger than 1.64 times the preliminary July M2 datum: And that'd be a July GDP of at least $15.274 trillion. Anything less and keep the commissioning pennant hoisted...we're sliding down the ways into Depression 2. ---
{Smart Reader Advisory: This morning's diatribe may incorrectly
assume competence with metaphor and a copy of both
Covey Crump and Capt.
Rick Jolly's Jackspeak are in your linguistic repertoire...and that you knew
that the paperback version of Jackspeak: A Guide to British Naval Slang and Usage --- I can almost feel the audience hush as people lean forward in their seats! How much further off track can he go?
"Quick Ure! Open the damn envelope!" yells someone on the poop deck.
Well, before I do, just a reminder to Wacko-nomics believers who want to cut the US budget to zero: Ben Bernanke ain't V.O.5...and a dab of Ben won't do ya. No sir, we need something a little more difficult to apply: Hard work, tax reform, and oh yeah, higher taxes on the high income types.
Without those necessary prerequisites, the hapless (bag-holding) Fed boss will be stuck pushing on a string because he can print and lend money all day long, but if it goes into the idle accounts of the rich, or to pay China interest, it won't have turnover. And without turnover, just like with water or electricity flowing to do work, there won't be any economic recovery. You know what happens when you car's engine wont turn over don't you? Nothing. Same for the economy.
But then you knew this stuff. You just forget. Because that's what Big Money is trying to buy...keep you from remembering common sense. Might have something to do with all that ...tell your doctor stuff...and transient global amnesia from statins, too... Whatever.
GDP Report So now we rip open the long-awaited envelope. (The crowd continues wating silently, not so much wondering what the GDP is, as wondering if Ure will every shut up and get to a point...).
"Aha! My point, presactly!"
Which means, GDP is up (Q2) 3.7 percent compared with a 12-month M2 increase of 8.2% which means keep digging your financial fox hole.
Meantime, if I didn't have a life, I suppose I could be pondering all weekend where does the Bureau of Economic Analysis get off referring to 'acceleration' of GDP since the data shows Q2 is up at a 3.7% annual rate now after heading up at a 4.1 percent annual rate in the Q2 data. If you're an Excel user, click here and run run their data yourself. It's one of those WTAF kinda things....
So, when Ben Speaks this morning at 10 keep in mind he's the target. But the facts are what underlies market behavior.
New word for the Bernanke story today might be: Scapeline. It's what happens when a headline makes a false scapegoat. After all, it's easier to hang a public figure than a spreadsheet, so barring announcing a Third Coming of QE3, Ben ain't the problem so much as Congress.
Keynes and the Founders have to be rolling over in their graves. Maybe that was the quake?
Here: Hold This Bag Department My coauthor Howard Hill tried to explain how the Warren Buffett stake in Bank of America was going to work out. It was a complex tale of preferred stock which, when BofA gets acquired by [someone like JPM] will see the preferred stockholders getting paid and the common stockholder, likely as not left holding the bag.
Patient as Howard is, he's no match for my stupidity. Politely, I didn't ask him to repeat the playbook...I got the general idea already: Thems that haves, gets.
Still, Howard's not the only one seeing this: The Telegraph this morning explains how Buffett's $5-bill has netted a paper profit of $280-mill in about 24-hours.
Alternate Reality Check: Was the BofA stock price jump due to the report that BofA 'bombshell' documents may have been destroyed by Wikileakers?
Wonder how much of that figured into WB's investment decision? Way above our paygrade, I suppose.
Irene: Waiting on Howard's Hill As Irene may come through Connecticut this weekend, coauthor Howard Hill is making plans to see the eye of a hurricane first-hand. he just never thought it would happen 40-miles inland and at 1,000 feet of elevation, is all. --- Another reader writes in about our recent (WuJo) post from a reader who had a vision of water/waves hitting New York which seems mighty interesting in light of the "Prepare to Evacuate, New York" headlines out and about:
Another writes:
Will do...but you did notice how sometimes stuff migrates from WuJo into real honest-to-goodness news stories? And yet, more posts as they come -- funny how the future leaks like a sieve around here, isn't it?
Here's this morning's Irene track update:
Ma Nature, continued I have been swamped with people asking me earthquake questions like "Do you think it was really a nuclear attack on a secret Defense Department Tunnel System?"
No. Do you believe in the Easter Bunny?
"Well, what about an attack by HAARP, then?" See Bunny question above.
"Comet Elenin, then?" Find any Easter Eggs this morning?
How about Occam's Razor once in a while? Or, with all the additional weight of water from the Midwest flooding soaking in and weighing down the New Madrid area...or something that's a little closer to real? Change in output from Sun, global cooling of crust, that kind of thing.
That said, I know some intel types and if they were to pass along anything about radiation leaks, then you bet, I'll get excited. But for now, if you think I'm going to burn off $500 worth of fuel to fly the plane up to the Colorado/New Mexico border to look for haz-mat crews with Geiger counters, guess again.
If I had some local reports, well, then that'd be a different thing. Otherwise, it's just the Internet ascribing mystical causes to periodic outbursts of "sh*t happens'...which it does with amazing regularity. --- Howards collection of NYC quake pictures is dandy.
More after this....
Coping: Friday in the WuJo As the heavy wrought iron hinges swing open, and the crisp cool scent of ancient cedar beams touches our nostrils, the cool breeze from within means we have opened the doors of the WuJo - that ancient cedar and rice paper place where the mats are neatly squared-off waiting for the first matches of the day between reality and the woo-woo events that creep Ninja style around the edges of consciousness... Suddenly, a large gong sounds and we turn our focus to Mat #1 (left):
Ha! The Larger Reality is what's at work. BTW: Sometimes it relates to making money, too:
Why of course, it can! The problem is (in computerese) defined as entrainment. The Wikipedia entry is like so:
Of course, thinking of markets as oscillators is no stretch around here, but considering them such in Economics Departments is considered near heresy. It'll most often result in a dissertation being burned as the stake. --- Now, where were we? oh yes...the Mat #2 match is just getting underway:
That's a mighty strange one, awright. It's like the exercise ball that decided to get up and wander around out house in the middle of the night earlier this week.
Readers have been writing in saying things like "Maybe it was the cats playing at night? They do that you know..."
Well, yeah, they might, except that the cats are always outside, and the only time they come in is when temps are over 102º F, since cats temperatures run about 101.5º F. The rest of the time? In for meals and treats only. These are ranch cats and they have to earn their keep.
Speaking of animals, though, try this one on:
And we have this dandy...speaking, as we were a moment ago, about the NYC Water dream. Maybe this one is on point:
You know, that's the kind of thing that I worry about. Just too many people reporting this kind of thing is 'out there' in the future. No telling just when, mind you, but out there.
If you look at most of the post-apocalypse maps, they seem to show a vast inland sea in what's now the lower part of the central South. Not sure what to make of it...but since we're at 591 feet of elevation, I do keep a set of plans handy to put in a marina.
Made Up Words Dept. Reader email:
Tell Oxford. I make up a lot of stuff, but not this one.
Winter Garden Time! My friend Rhone at Everlasting Seeds has cxome up with a fall/winter garden special (depending on where you live) that's designed to optimize the cool-weather varieties of edibles.
Includes: Endive, Broccoli, Brussels sprouts, Cabbage, Carrots, Cauliflower, Celery, Beets, Parsnip, Rutabaga, Globe Onions, Leek, Kohlrabi, Collards, Swiss Chard, Chives, Radishes, Snow Peas Spinach...about 188 seeds each and packed in a can so you can stock them up for future (lean) years.
Ordering information is here. And 10% off for the first week.
B TW: Remember with all seeds, even if in cans, that you gotta keep them cool. If any seed gets up over 120-130º for very long, germination rates drop.
So best time to buy seeds is late summer/early fall or very early spring. Buying at the hottest time of the year may result in lower germination rates and keeping seeds at (air conditioned) room temp down to maybe 38º F or so, seems like a good idea. Nothing formal, just a heads up. We keep ours where it's cool. Root cellar, or cool basement is ideal.
Since our garden was destroyed by the drought down here, I'm about to put black plastic over the whole thing to kill off the grass and stray weed seeds that have blown in. then, once we get some rain, I'll take off the plastic and burn out the dried/backed out, till and should be good to go.
More tomorrow early for Peoplenomics readers....
Send Ure comments to george@ure.net Reader Action Department: Visit: The UrbanSurvival Amazon store. Books, computers & S/w and outdoor gear.
Now on our premium content site: Peoplenomics.com The Problem with "Money" Besides not having enough, which is a whole other problem in and of itself, is that people don't seem to have a very good idea just what constitute "money." Is is a storehouse of value? Well, sort of. Then how about a medium of exchange? Sure, this too. But what about those other qualities: divisible, transportable and all the rest? Because this seems to be THE weekend of people asking about the "right role of money" my coauthor, Howard Hill, has kindly agreed to allow me to unveil one of the chapters from our forthcoming book "The Never-ending Argument." This is especially timely since we're now entering the period of the Kondratieff Long Wave when even members of the global public are asking "What is money?" I hope you enjoy this "sneak preview" of Chapter 3...
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Cookies Are Dangerous If your computer runs slowly, you may have a problem with cookies. These little code snippets are how some websites (and spyware) recognize you, track your movement on the web and so forth. Here lately, as new class of super cookies has been evolved by the admen (and worse) that are resistant to normal cookie deletions through your browser's interface. Flash cookies, persistent cookies, and super cookies...all easily managed with the Maxa Research Cookie Manager.
Take it for a test drive by clicking here - and it you like it, activation is easily done. If you're a heavy web user (who ain't?) you may find like I do that you've accumulating a hundred or more cookies per day. Only a handful need to be white-listed, like your brokerage account or your bank. The rest? Software designed to spy on you that robs you of computer performance. Been using it for several years and pleased as the Dickens with it.
The "Do Drop Inn" Amazing gardens in about 2 square feet of floor space: www.mygroponics.com
Strange Dreams? Post your weird dreams to help our research along:
"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.
Pass It On Please pass along word of this site to your friends by simply clicking here to send 'em a short email. - Thanks! ---- Last week's report is always here.
Thursday August 25, 2011 $200 Later: The Golden Beat Down OK, so here's the deal with the gold beat-down which has seen the prices quoted by Kitco (above) slammed from over $1,900 down a little more than $200 lower ($1,702) this morning. More than a few readers are thinking "What's going on?"
For one thing, tomorrow is Gold, Palladium, Platinum, and Silver expiration in the commodities markets. Time to ante up. And, since many BIG players have been play the short side of the market, they needed - we hear - to either get prices down or face the inability to make deliveries.
And that problem is likely reoccur according to a reader in Australia:
And, other sources in the metal trade, tell us the sudden collapse is having just the desired effect: People were showing up in such numbers worried they had "missed the top" and anxious to sell, that this one jewelry outfit almost had to call for local police backup to maintain order on Sunday.
I don't know where the price is ultimately going, but I'm not selling my (lone) gold coin now. Nor that silver coin a reader sent me. With M1 one being printed at a nearly 43% annualized rate by the Fed, time's on my side and I'm a patient man.
Number Stew Weekly unemployment data just out:
As you might expect, word that the unemployment claims was ticking up took the futures down a bit. I'm upside down in my present short position, which means I still expect new lows, but how long the trade will run against me is anyone's guess.
Take a Bank, Any Bank. Please. II Bank of America shares zoomed up about 11 percent Wednesday and up more than 16% from Tuesday's low.
Since the stock market is in a long-term decline, one of America's new pastimes is what I call 'Lehman Spotting".
Typical is a Slate piece under the worrisome headline "Bank of America: Could it fail and start another financial crisis?"
But, before you go pushing the dust bunnies aside trying to hide under the bed from falling Bank, better check out the more reasoned comments of Meredith Whitney who says "...BofA has not 'Mad Dash' need to raise more capital: Tom Keene" reported on Gloomberg t'other day.
No, the sky is not falling. Yet.
Shake & Quake, II Got my first picture circulating on the web as a joke - patio furniture with one chair tipped over and the slogan: "We Will Rebuild" under it. This as much of the rest of the country wonders what the big deal was with the Virginia quake this week.
Predictably, there was a 4.5 aftershock this morning, so for now, the fears this was going to be a gut-wrenching prequel to a 10 magnitude temblor that would rip the country apart seem as soggy as the Wheaties.
Our ,well-informed source, however, has kept his eyes open and suggested the CNBC piece about how zoo animals acted before the quake and during.
Secrets Out Dick Cheney kept a resignation letter at the ready while working for the Bushista administration. He was worried, says his new book, about health and there didn't seem to be a mechanism to get rid of a seriously disabled veep...
Other Peoplenooze
Tripoli Worried While the headline swirls about that "Nuclear experts warn of Libya 'dirty bomb' material," we've got our own fears: Doesn't Gadhafi have a couple of cruise missiles in his inventory that could be targeted at either, oh, Rome or Israel as a poison pill last gasp?
Manufacturer's Resource Wars Aha! What have I told you? 1) No wasting what could have been a very short (matter of days) war in Libya,; there's just too much money to be made by defense contractors. And 2), like I said of Iraq, it's all about the oil.
Sure enough, out this morning in Foreign Policy Journal is a John Daly discussion: "Libya's Post Gadhafi Future: Who gets the Oil?" But, of course, this is all about freedom, right?
Coping: Was it a Congressman's Gestapo? I would have believed it, had I not received the following note from a well-versed reader (and lawyer, BTW) who's been watching political shenanigans with 'eyes wide open'. [edited slightly by our own paranoid legal types]
Well, that's the emotionally 'hot' email. So I decided to poke around a bit.
What I found, on the ThinkProgress web site was this: A sign was displayed saying...“For Security Purposes, Cameras Are NOT Permitted.”
So, contrary to the reader's claims, technically (in a "depends what you mean by sex" kinda way) the public had been notified and so The Man might technically get away with it in front of a judge.
But, what it shows in some stark relief is the the lengths to which politicians on top will go to prevent any question of their 'authority'. And, since according to the reports I've read so far, the "offishul" media were permitted to video the event, we're not quite sure why the congressman chose to abrogate the public's right under this pretense.
The mind swirls with possibilities: Was the congressman's security force concerned that someone would put a gun inside a camera? Might the cameras be some kind of threat vector? Not likely, to be sure, but that's about the only 'security' angle I could figure. People in public places, when shown as part of a group scene do not have rights to privacy - a notion quite clear in law.
Worse: The congressional staffers apparently told ThinkProgress - and a dandy quote here....
Oh, but wait: It gets even more interesting, since it's reported that Think Progress is an arm of the Center for American Progress, which in turn was founded by former Clintonista John Podesta. Is this an arm of Soros? The questions swirl, the agendas conflict. --- I can tell you from first-hand experience that one of the things which goes on in political campaigns if that even back when I was riding the press corp bus with Frank Mankiewicz, while covering the McGovern campaign in '72, it was not uncommon for one party to hire film crews to shoot the other party candidate so their opponents so that snips could be lifted - all neat and tidy like - for last minute campaign "slam" ads taken totally out of context.
So the larger reality seems to be, from where I sit, that we have seen a long-term escalation of ideologies into "media" puppets which are being turned on for this or that.
And it's precisely the kind of thing that the American people are sick of. There's far too much time and energy wasted on a simple decision that takes place at the polls that ultimately comes down to this simple question:
Maybe - tops - there's 15-seconds of real headspace devoted to it. But this spending billions upon billions on this kind of hot rhetoric? No thanks. Had my fill.
Ya'll have fun with "jackboots" claims on the one hand and "sniping/ambush ads" and "Soros the demon" on the other. I've got a life to live and if I need an adrenaline rush, I'll go shoot landings in the plane or some aerobatics, thanks.
All this political stuff is a pant load of crap designed to keep the American people from being a truly United States of America while heartless corporate demagogues orchestrate this Big Show so their Big Accounting pals figure out how to steal the next million jobs and place them with low bidders in third world shitholes.
Why do you think corporations and interest groups write checks, for crying out loud?
In keeping with the end of labor (due to automation) we've been reduced to monetizing politics which is its own industry nowadays instead of just being a necessary evil. --- A short story that's related:
When I grew up, my best friend (now a retired US Army Major) had a wonderful grandmother who put up with all kinds of our antics between ages 4 and 20; we were always into mischief and that would land us in hot water about 95% of the time.
My friend's Grandma Ada was a kindly woman with more common sense in her ring finger than you could find in Washington and any two adjoining states these days.
I have to credit one of her old sayings that helps me sort the wheat from the chaff reading "political news" accounts of this or that:
Politics is all about the 'holes'. You're welcome to add the three letter prefix, if you like.
In the end: Those are minions and we are idiots: Too easily drugged and distracted with two-bit theater.
Thus, we continue to be: Victims of Process.
From our Software Developer's Office This nice note from the genius behind ModAlert which we put a link up to earlier this week came in.....I assume you're cogent enough to remember this is the software that let's you put a web site address in and it will pop up when the site's been modified...
And when it does, I will buy my own copy...hard work is not it's own reward, entirely. A little cash helps. ;-) Wonder what MSFT's error report rate is? betcha that's classified, lol.
Info and download (free for now) here. And what am I planning to use it for? Well, just a 'fer instance...' As you know, one of the GPS units in our plane is an iFly700. They don't have RSS going, so I thinking about cobbling up a way to see when they update their software for the GPS, just as an example.
Another reader said there are some similar things out there on a web-services basis, but the reason I like ModAlert is that it tells me the info I want without putting my name and email out there so other people can see what I'm looking at...
A Nip of WuJo A little early to be hitting 'the mat' but here's one to ponder:
Speaking of the dark and WuJo I had a weird thing happen this morning. Somehow, in the middle of the night, Elaine's exercise ball (one of those three-foot diameter jobbies that you can lay on, do rolling exercises, and so forth with) managed to wake itself up in the middle of the night, roll from the livingroom, around through the sitting room, down the length of the kitchen, and wait for me - like an animal or something - in the dining room.
That was just the start. I flipped on the coffee and the two lights I do everyone morning: One over the sink and an overhead florescent. The overhead fluorescent wouldn't come on. It was like there was no power to it.
I caught myself and forced my thoughts to "Okay, OKAY! Enough of this WuJo sh*t! I'm on a schedule and I don't have time to play right now! Fix everything this instant!"
The very next flick, the overhead light came on. The ball waited for me to move it back. Oh, and there was a 22-minute difference between the bedroom clock and the one on the coffeemaker and the stove. --- Speaking of missing time and time-slips and such:
Uh-huh...know the feeling...Strange one, huh? --- Haven't heard back from WuJo Girl, but she's gotten more email than I can shake a stick at, including what seem to be, if I read between the lines just so, what may be romantic interests from several of the male persuasion who found her note touching. I'll let you know when I hear back from her...but fine reader response and comments...thanks.
Ultimate Flying Video A reader suggested I take a look at this video of the May 2011 Jetman jump & flight over the Grand Canyon. Presently going viral in pilot circles.
Takes some b/w to get the full smooth HD of it, but way cool.
On the Lighter Side Some jokes make sense only if a) you're a man and b) if there's some Scottish in your background. 50% in my case.
But ain't laughter a fine antiseptic for what infects us?
Well, time to pick up my shovel and walk to the mine. I load 16-tons, what do I get, another day older and deeper in debt....
Ya'll be double-careful with them quakes about, 'k?
Wednesday August 24, 2011 Quakin' in the WuJo I've long held that if something happens East of the Mississippi that it's Big news. But if the exact same thing happens West of the Mississippi, then it's somehow a pint-sized story, barely deserving of the trouble it takes to send a film crew trans-con, or turn on one of the high-powered Eastern journalists. We see confirmation of my outlook as ABC reported "Jaded West Coast chuckles over East Coast Quake."
I can't help but be reminded of the old doctor joke : "Know the difference between major surgery and minor?" Major is when it happens to me... So it goes with quakes, apparently.
Thanks to the alert reader tips, we managed to have first reports up within minutes and even in advance of the first USGS email, which was nice. Of course, nothing like first-hand reports when news is happening, so thanks for keeping me posted.
The strangest of all the 'quake calls' came from a fellow I may sometimes refer to as Deep Source. He rang right after the quake with some odd instructions:
"Did you notice the Colorado quake was 111-miles from the border of Mineral County, Colorado? he began.
No, I hadn't.
"Notice it...it's important..."
"Uh...OK..."
"And what was the first Virginia landmark referenced in the USGS report?"
"Well, the quake was 5 miles from Mineral, Virginia. So what?"
"And how far is it between the quakes?" he continued.
Uh...1,460 miles, or so, I guess, just eyeballing it on Streets & Trips.
"Add up all those numbers."
"11."
"Hold that. And how far from the Colorado quake to Mineral Well, Mississippi?"
"841 miles."
"And from Mineral Wells, Mississippi to Mineral, Virginia?"
"About 700."
"So here's something to think about then: Doesn't it strike you as a synch-wink that the quakes happened approximately equally spaced from Mineral Wells?"
"Hadn't really thought about it."
"Then look 111 miles North and slightly East of Mineral Wells, Tennessee. Tell me the name you see up there..."
New Madrid.
"Must I do all your work for you, George?" Click. --- Then the I-Ching inbox went off with a webbot reminder:
The first Colorado quake (4.6) happened on the 22nd as did a 5.9 at Japan.....
Just coincidence, I assure you.
Take a Bank: Any Bank. Please With the Velocity of Money continuing its implosion, there's been speculation floated about that JP Morgan (precious metals types will remember them as "The Morg" could take over Bank of America.
A glance at a one-year chart of BofA gives plenty of reasons. A peek here will define their roller-coaster decline. And I'll be the guy wondering "How much of this can be laid at the feet of that $4.1 billion 2008 mortgage processor acquisition, and wasn't that sort of orchestrated by Uncle?"
Why Rob Banks? In the last Depression, I think it was Willie Sutton who said "Because that's where the money is..."
And in this one, the analog may be Cristian Alfredo Urquijo who robbed a dozen banks, it's claimed, in Arizona. Hunger's a mighty motivator.
Durables and Pepto New report on Durable Goods is out from Census this morning:
Why the Pepto? Well, we have no way of telling without underlying unit sales how much of this is an increase in actual things or whether this is just wild inflation due to that 42.l9% annualized increase in M1 money printing coming down the pike.
Raters of the Lost Banks Almost sounds like a Harrison Ford movie, huh? Well, let's see: "Moody's Japan downgrade clashes with S&P in USD as JGBs Steady" says Bloomberg. And S&P seems to have dissed Japan now.
Douglas Peterson is the new head of S&P and as one banking exec told us...
Just so...
We're Doing What? Well, according to an article off Russia Today's website, the "FBI organizes almost all terror plots in the US."
This is a tough subject to be 'even-handed' on. Part of me, the Constitutionalist part, maintains that many of these undercover agents are likely on a 'play-to-pay' basis. In other words, the amount of compensation is likely tied to their 'success' at roping people in while they act as agent provocateurs. Entrapment is NOT a characteristic of an open/free society which is in control of its government.
Still, even if the agent provocateurs are not being paid based on performance, how many of the agent/supervisors are trying to 'make cases' in order to get some career advancement going? These are worrisome issues, indeed.
But, the flip side is: How else is the Bureau supposed to get the 'inside dope' required to put a good case together and make it stick? --- But meantime, the problems and motivations to provoke actions against our own country may be amped up a bit because in Washington's zest to kill spending, there's an agency that my friend Howard Hill mentioned the other day, which is being closed down because of its budget: About $800 million if I recall the number.
Oh, and this agency's mission? Track down all the loose fissionable nuclear material it can. It's already, if I followed his description right, traced enough fissionables to make some dozens of nukes.
All of which gets us back to the delicate balance problem: Where is the line between infiltration on the one hand, and active promotion/entrapment on the other in the first instance. And in the second, when does budget cutting turn into cutting off your nose to spite your face?
And, since this bears on part of the book Howard & I are writing, "Where's the Leadership to help us hone down the problem so it can be answered with Constitutionally compliant/best practices well articulated?"
More of a vacuum than even outer space. --- You can't go anywhere in the world without seeing at least somer evidence of 9/11; our most recent PMF (planetary mind f*ck) which 'shock and awed' people into a semi-police state. With linguistics pointing to an even 'bigger' (but we have no other details, sorry) kind of thing due this fall, people in elective positions who should be leading have managed to fall into an amorphous mass of writhing snippet-babble.
Still, when "domestic terrorism" or 'space aliens' or even new pandemic shows up this fall, the difficulty (as with 9/11) will be sorting wheat from chaff and trying to figure out where Truth is and how to properly cope without being herded even deeper into groupthink.
The markets are whispering "old paradigm's in trouble, ya'll..." and the winds of change are starting to get gusty; the storm clouds gather - nameless apparitions - but as Bob Dylan wrote: "It's a hard rain's that's gonna fall."
Which reminds me...
Irene Ahoy Should be in the Carolinas by Saturday.
Nice thing about 'canes (such as there ever is something nice about an ass-whumping from Ma Nature) is that people sure seem to lighten up on being critical of preppers after such events.
Where's the respect before the wind pipes up?
Software Testers Ready? Ever wonder when a site is updated, but don't want to chase around looking for it if there's nothing really new?
That new site monitoring software from Formation Research is ready for testing. Defaults to Clif's site and mine. Info and download (free for now) here.
This is a direct link to the page that generates the product key. IMMEDIATELY below the product key is a link to the download .zip file. XP has a permissions issue that prevents the demos in the tutorial from executing. That's being worked out now.
Coping: Wednesday at the WuJo Oh boy, here's we go into high strange again...this is from our reporter who had that disappearing/bi-locating stuff on his desk reported earlier. Turns out, he's come up with an alternative explanation which is way off into the WuJo...
No, actually, no question about this one: There are a large number of reports of people being alive, who some of us could swear had been reported dead years ago. And about the same number, t'other way around.
We then move on to the middle mat and find the "Case of the Mysterious Ping-Pong Ball:
And speaking of WuJo and rewrites of history, I swear I posted this report when it came in, but then again, maybe not...
Like I say I could have sworn I posted this, but I'm still scratching my head - other appliances, like the clocks, should have been in synch with it.
Debunking the WuJo A couple of good bunk/debunk letters. First having to do with the frozen and unfrozen bottles of water:
Er...of course. And if the strangeness keeps up, I may need two.
And now here come more details on the France/Japan smart phone report from a few days back...
Gosh, we're all waiting for the rest of it.....
Oh, what Texans would give for a 'good' hurricane in the Gulf!
As always, the linguistic work catches the leading edge of a front when change comes through. But believe me, applications for funding here at the National Bank of Dad are way up this year. Way, way up!
The Larger Perspective on Life Here's a really savory piece to study:
I actually have about four chapters on a novel done - and the theme of it is right along the lines you're speaking of here. But, I promised I would not take up either the rewrite of the novel, or the second draft (and ready to publish then) of Victims of Process: How unwritten recipes run your life" until the book with Howard is done.
Still, the novel plot is curious (and somewhat self-based, at least in the early-going). It's about a fellow who lives in the outback who keeps having dreams at night where he awakens on 'the other side' (or other dimension, 5th you call it) where it's a whole world very much like this one except that it's not so denominated in terms of money. It's more about people just doing because what they are doing is right, not just because its compensated.
The novel has come from a series of lucid dreams I've had and these were of the sort (like that murder/fire/arson oil industry dream the night before the Gulf Oil incident) that sorting out the 5th dimension bleed-through from present actually takes a cup of coffee to nail back into the box we keep our intuitive selves in.
All of which is saying, in a round-about way, that those who dream of this other place, or other world, where it's so real you can almost imagine waking there instead of the normal waking here will probably have less trouble with the transition than you think.
The key seems to be picking the right dream to awaken into and that's something which may not be ours to control at all.
The books on Electronic Voice Phenomena give some hints - about the next plane (after death) being a place of color emphasis. This 5th level, where the 'dreams you can move into" seem to be set, is more likely a place of vibration and it's that which drives extended abilities (like self levitation/flying) there. Little items like flying without machines or vibrating just so to walk through walls are pretty cool to experience in dreams.
And yes, in case you hadn't figured it out yet, my buying an airplane and getting current flying again has as much to do with travel and adventuring here, as it is getting accustomed to 'flying' which will be along on the next plane. Part of the striving for location independence, so to speak.
Seems just as air bubbles float up to the top of a glass of water, so too human energy has a way of percolating up through various energy layers.
Think of it this way: At present, we're on the E=MC-squared floor. But the migration up the energy food chain may indeed be in sight as we study physics like Electron Spin Resonances (ESR) and note that (to borrow a phrase from here)..
Except, at a macro level, of course, as the ESR increases and the absorption of the electromagnetic increases, the 'current' of the present plane/field may weaken leaving more 'mental energy' floating around with an easier migration path to the higher Zeeman state. 5th plane.
Anasazi, Incas, and other people may have gotten there, too...which is perhaps where all high cultures go. Especially when large enough ( or many enough) bubbles are about to pop.
Whether the transitions happen via the Plant Teachers (naturally occurring drugs) or are a consequence at some level of electronic/EM field pollution, may not really matter.
And those who hold back the paradigm shift may be doing purely to avoid loss of their power here.
The old story about "riding out to meet Fate" comers to mind, too. That, too, is almost CERNtainly in play.
Tuesday August 23, 2011 Quake in Northeast Getting preliminary (unconfirmed) reports of an earthquake that was felt in Cleveland Ohio...more as details pop - Ure
13:02: Seems to be in the 5.0 range in central Virginia - prelim mapping...
13:03: Prelim magnitude is 5.8 centered here:
Mass Layoff Report Picture tells it all: faint sign of recovery, that's for damn sure...
Kinda fun watching the market (went back to cash after a 24-hour short side play that was hardly worth the effort...) I expect it will pop up maybe one more time and then set up for declines later in the week, but this is my hunch and no more investment advice than throwing a dart or spinning a wheel...
Oil, Tripoli, Etc. All kinds of action in Libya this morning where reports are seeming to vacillate on just where things stand. The Wall Street Journal has a good report on how the fighting had broken out around the outskirts of Tripoli, but at almost the same time, CNN was reporting the reappearance of Gadhafi's son and there have been reports that Gadhafi himself had put in a cameo appearance at a local hotel.
For the aware observer this is not a terribly difficult conflict to judge the outcome of. All you need to do is size up how much money and arms are on the Gadhafi side, versus the money, arms, taxing power to pay for war, and so on, on the NATO side.
The rest, while dramatic and filling up lots of head-space that should otherwise be devoted to watching the Fed/Treasury printing of M1 at almost 43% annualized presently, is actually quite predictable. Only thing missing is the right scale for the timeline, although my prompt that "They'll never let a good war go to waste in the defense industry" seems to have been spot-on.
I continue to expect that the end of the Tripoli/Libya conflict will appear in remarkably close proximity to a market bottom for leg one down of Primary Wave 3 (when counted from Y2K for the primary wave, and from the market highs in June-July for the decline which should end around 9,500).
Facts are simple: The West needs to lock up oil - and Gadhafi has some which is ripe for the taking. Simple - we just go get it.
That only leaves that prickly Chavez problem in Venezuela and I see speculation starting as to what impacts this might have on JP Morgan. This will give Chavez tremendous leverage, but only in the short term. We'll either go after his resource directly, or see the price of oil drop to $65 or lower by year's end, in which case, what will happen to him? But back to point...
Gold, Silver and the Game of Commodity Spotting I suppose you've had enough of the bean this morning to have noticed that gold popped over $1,900 overnight at Kitco and so forth? They showed a high of $1,906.80 which brought about just a tad of weak/speculative hands selling.
And yes, it's true, the Mint it not turning out any more of some gold coins, but whether its price, or what, who knows? Oh, but the Mint does seem to have the resource to mint presidential commemorative coins which ABC reported last month....go figure.
Oil is up somewhat on the Libya situation and the manufacturing data that suggests the sky isn't falling, at least till later on today. Still, daytrading commodities is too damn much work and the general oil price drop trend continues. It's just a matter of patience, since no market goes directly down, or directly up. It jiggles along the way and I've always done best playing the trend not the jiggles & noise.
A reader inquired as to my thoughts on copper as an investment and quite honestly, I don't get too excited about it. True, there are some interesting headlines like "Copper climbs on speculation Fed will take steps to bolster U.S. Economy" which might tempt the speculator in us.
But the macro-trend in housing is still downward, and until some of the several years (if not decades) of inventory is sopped up and home-building recovers - which is one of the major uses of copper - I'm not terribly interested. See noise & jiggles remarks above for clarification.
What could change that view? A general firming of military talk between the Super Powers. In that case, there would likely be a run on copper to make bullets and shells and that would be interesting. But since Veep Joe and China had their lovefest last week, I don't see that happening. Not till China launches another ICBM off the coast and another cruise ship gets disabled.
Then maybe.......
Rent Vs. Buy Decision Reader sent in this link to a great site: The 2011 Great Debate - Rent vs. Buy at the Trulia blog. Some of it is intuitive, like if you live in NYC for example, you'll amost have to rent unless you rob banks, or something.
And in other places, like Las Vegas, where we're awaiting the arrival of a modern-times analog to Seattle's 1970's Boeing-bust billboard "Will the last person leaving Seattle turn out the lights?" buying is a no-brainer.
It's the in between stuff where life gets complicated, and so this is a pretty good one to look at.
5.3 & 4.6 Quakes in Colorado? I suppose we shouldn't be too surprised to have quake activity on the 'backside' of the Rockies, but both the 5.3 and the 4.6 shaker along the Colorado-New Mexico border overnight did catch our eye since it's about smack in the middle of the regional higher risk seismic zone:
We have to hand it to the seismology-types for getting the risk-factor area right. But then comes the question of "What's going up up thata-way? My pet theory? Dropping aquifer levels, ground drying out... or, Rockies didn't get to be mountains by just sitting there.
What's to Leak? Seems like a division has formed up inside of the shadowy world of WikiLeaks as a new book says 3,500 unpublished leak documents have been ordered destroyed, but the flip side is the report comes from a just published book. The Brisbane Times has a run-down on it.
The Science We Knew OK, so out comes this report on the Live Science website which, along about #3 on their list of new findings from the quantum world ("Spooky Science") that light bends matter.
Of course, thinking back to my bachelor days (a few hundred years ago) this came as no surprise since I seem to recall that dim lights did amazing things to curves of the opposite sex. Which oftentimes disappeared when more light was applied. I think this is the same phenomena...so no surprises here....
Coping: Inside a "Miracle Product" (CORRECTED!) While we continue to collect "WuJo" emails, and reports of cave closures and government land lock-downs (all of which we'll get to tomorrow) something a little different this morning as I got an email making the local ham radio circuit which is worth passing along - and it's just the kind of thing which would fit on our Strategic Living site when we get around to that item on the checklist of Life.
This particular email was titled: 'What is the main ingredient of WD-40?' and I present it for information, not at medical or metallurgical advice..
All of which is a good start on uses for the product. (I may have to try that shower door trick when Elaine's not working, lol).
There seem to be plenty of other uses, too. For example a local worker for the Texas Department of Corrections (a chaplain) told me a while back (and I think I mentioned this) that WD-40 is prized in 'the big house' because just a spritz on a toe, knee, or other joint bothered by gout and the pain is gone in short order. May have to try that one myself....skipping the trip to the joint, of course, along the way.
Or at least that was my plan until I read the Snopes Entry on this email here.
Not that there aren't better products when it comes to each task individually. For example, there are 'bug & tar removers' that work dandy available at any auto parts store...even the gypo outfits tend to carry something similar. But, it's just not the same.
One of my favorites in terms of metal preservation is Boeshield T-9 which, in a
'value pack' offers lots of protective functionality (especially around aluminum
and such) BOESHIELD T-9® - VALUE PACK
Nevertheless, WD-40 is one of those legendary products that seem to fit an almost endless list of applications. Baking soda and vinegar are others, but that just gets me to thinking that someone should have a list of Top Ten things to have around the house. I don't think the ranch would function without the WD-40, the jug of plain bleach, box or 20 of baking soda, bottle of ammonia, a jug of vinegar, 10-pounds of food-grade diatomaceous earth, and so forth.
This latter, by the way finally ended Zeus the Cat's bout with walking dandruff...one of the issues of being an outdoor cat.
Whole point here is simple: If you've got other 'home chemicals' that do just the trick, please let me know and we'll get a list going and share it. Oh, and more uses for WD-40, too.
We're coming to a time when utility products are going to be the ones to keep around since as the complex systems of the global (whatever-it-is) get taught and maybe broken in places, the ultimate home work-around guide would sure be a useful thing to have.
Oh, and since I'm so fond of reminding you "Everything's a business model" every hour, on the hour, I should mention there's even a WD-40 Fan Club.
Yessiree Bob! We do indeed live in the Land of the Brave, Home of the Monetized, lol...
Drought's Silver Lining? Interesting email from a reader here under the heading "high rad levels detected in Toronto and St. Louis"
Some of which I'd heard from others - which gets me to thinking 'You know, the drought and heat is bad, but would I rather have them or a wild plutonium particle?" Seemed to make the drought in the South a little more bearable. 111.2 in the shade on the digital whizzy yesterday.
Florida Swim Lessons? Here's another one from the inbox, if you don't have enough to worry about and make you totally wonky:
The hurricane arrival this weekend, of course, doesn't count. Say hi to them Andromeda dudes for me and ask them to hunt down and skewer the pricks messing up the web with malicious scripting, wouldja? I can't be a good writer and be doing ongoing battle with script kiddies, thanks.
Speaking of which, a reader sent this along about a Wordpress script vulnerability (link):
the way I figure it, someone's gotta be passing the script-kiddies money. There's just too much in the way of attacks/viruses going around for there not to be some kind of monetary payoff for them, know what I mean?
That's it - time for breakfast - which is a bowl of home-made Danish vegetable soup with dill-touched meatballs. Yum...
Tomorrow, we sneak back into the WuJo where more high strangeness has been piling up on the mat and go looking for more cave/closures and public lands (that aren't anymore) reports.
Monday August 22, 2011 The Invisible Velocity of Money War Monetary Inflation Shocker: 42.9% Annualized!!!!! As I described in Saturday's www.peoplenomics.com report (so subscribers have already been thinking about this over the weekend), something I call the Velocity of Money War has now broken out and if you know where to look, it explains a lot about why gold is pressing toward $1,900 today and could even pass the $2,000 mark as early as Thursday of this week - but no promises and our usual "This ain't investment advice" disclaimer applies, as always.
If you're a first-time reader, you need to understand what the Velocity Problem is: If you think of a dollar as "working" each time it's spent, but laying fallow - not really doing anything when it's at rest, that's the core concept.
Back in 2000, the Velocity of Money (estimated by by green eyeshade wearing assistant editor, Zeus the Cat) was running about 2.2. In other words, when compared with US GDP, M2 was 'turning over' about 2.2 times per year.
When we got into the sucky part of the global market mess, the velocity had dropped to about 1.64 times GDP and here lately it's plain old cratering.
I've previous bemoaned the fact that - as my coauthor and bond guru friend Howard Hill noted in a brilliant post last Thursday - "The bond market is shouting at you this morning..."
But now, thanks to the Federal Reserve's most recent H.6 Money Stock Measures report, we can go much further in our analysis.
But first, let's look closely at that Money Stocks report:
Look at the M1 figure (cash and demand deposits) for the month of June and then the preliminary July figure. In one month, it was up 3.0194% in a single month! The quickie guess would put it north of 36% annualized, but how far does the 'magick of compounding' get us?
Pretend for a moment you start with a $100 bill. What do you think this kind of interest rate compounds out to? I don't mean to offend by offering amortization tables for breakfast, but you need to see this one:
Bankers would skin you for a few fractions in there perhaps, and to be sure, this is only the M1 rate. M2 is a little more laid back, but not much. It's went up a mere 2.21% last month, but this still compounds to a 31.09% monetary inflation rate!
This is is a HUGE number and it should be screamed from the front page of every responsible financial rag in the country, but instead there is a near deafening silence about it. Why? Because it lays out in stark relief, the 'box canyon' the U.S. has been herded into.
On the one hand, the Fed has gotten way behind the power curve by not preemptively lowering rates earlier so this has kept GDP from rebounding. Worse, the 'idiots on the hill' with their half-hearted stimulus, designed more for vote-fetching and results-getting, blew a chance to kick America's economy back into high gear.
Hate to say it, but the Tea Party and the corpgov's & republicorps totally blew it because while they were whacking at government payrolls, they were literally cutting the legs off from under any chance of recovery. NOW the Fed is seeing that damn velocity of money problem and they have only two things they can do: Print & Pray.
Now, all this money has to go somewhere and that somewhere is, to some extent, precious metals. Which is why I can make outlandish predictions like $2,000 gold in a week or so, and have and even-money chance of being right.
The problem the Fed has (and Ben Bernanke may get smashed on the rocks of history for this) is that they don't have any way to get the economy kicked over into high gear. So they're doing the only thing they can: print.
But where's the money going? Pretty much nowhere. Because people really are pulling in their horns and this means what's ahead for the country (and indeed whole world) will likely have to be what seems to be peeking out of the earliest snips from Clif's predictive linguistics data, something in modelspace we're labeling a PMF (planetary smind f***).
We will need this because the whole global economic system is about to crater and we have an example of how a regional "event" (which happened in the fall of 2001, if'n you follow my drift here) because an instant market-turning and economic collapse masking, which I point to on the chart at the bottom of the www.urbansurvival.com/week.htm page.
I've argued for years that without 9/11 back then, the country would have recognized the economic implosion within weeks and there would be no convenient 'levers to pull' in order to ramp up an "instant industry" which would facilitate a sudden new industry (the war/security state industry) which could be used (along with no doc loans) to ramp up the Housing Bubble which gave the PTB another good run of seven years, or so, beyond what should have been some serious economic pain and Global Depression Lite should it have been allowed to occur on the backside of the Internet Bubble, as economics would have otherwise provide, if the shock and awe event hadn't shown up right on cue.
Coulda/shoulda/woulda.
Except now, instead of having a secondary recession, since most of Europe is in
the crapper, this one will necessarily be global and sure -- there are alternatives to a
faked alien invasion, or a regional nuclear war -- but if you go back and read the
"(spoof?)" book Report From Iron Mountain
By the way, I assume you've at least scouted up the rip-off versions of Iron Mountain to figure out that gee, one of the big rabbits that was supposed to come along was universal health care...but that one is not going per the playbook and this means the PTB will have to resort to more dramatic, global means to wedge the population into doing its bidding.
Besides backroom lab cobbled-up supposed space aliens? Well, how about a good-sized deliberate disease? That would swell healthcare work and - as a reader notes - would fit with much of the linguistic stuff about a pending PMF:
Which is why, as serious a warning as you'll ever get from Clif & me is this: When the PMF comes along, try not to get sucked into it, since it will be a put-up designed to draw your attention from the systemic failure developing around you. Not that a deliberate disease release wouldn't be a stunner, don't get me wrong. I may buy some call options on big pharma, just in case, WTF.
While this might seem a bit brash and possibly ravings of a lunatic (which I won't deny, LOL) the observed facts seem to support the outlook since:
Fortunately, I'm a nutjob and most assuredly this outlook must be wrong. Except that my personal portfolio (as of this morning) is up 70.1% for the year [after commissions, btw]. It's a good thing I don't offer financial advice, is all I can figure.
Still, almost predictably, the European markets were rallying strongly (England was up more than 1.5% when I looked along with France, but the Germans were up only a third of a percent.
Still, I'm feeling like a genius and here today (or tomorrow) I will load up on the bounce interim high for the next leg down.
One of the artisans of Wall Street send me a note that this morning's note from Cumberland Advisors on "Central Bank Policy, Euro bonds, and QE3" was a good read.
Maybe...but M1 racing ahead just under 43% says to me that QE3 is already underway, know what I mean? Gold's reacting and was just four-bucks shy of $1,900 earlier today on the Kitco site and $1,894 and change on INO...
You did see my friend Hugo Salinas Price report on how what's ahead could be "Dorothy's silver shoes or the re-monetization of the silver currency of the United States of America" posted a few weeks back?
Outing the Favored Few Gotta read the Bloomberg piece on how the "Wall Street Aristocracy got $1.2 trillion in loans from Fed."
Must be nice; my friends get scarce when it comes to buying a beer. Care to make introductions?
Markets Higher Well, of course. Didn't I just explain money is screaming off the M1 press? Why did I sell Friday? Answer: To buy back short positions lower today or tomorrow, of course!
Chicago Fed Report - Somewhat Improved The Chicago Fed National Activity report out this morning is one reason for the markets to rally:
Still looks to me like a double-dip, but that's just the bear in me. Might wait till later than Wednesday to go short, though...we'll see...
GlobalRev Scorecard Not to sound insensitive (although I am an insensistive lout, but what else is new?) but It's Rebels 1 (including a son) Gadhafi zero this morning. Game could go on 10 more days.
Syria is warning the ROW (rest of world) to stay out of their internal (bloody) affairs. Still, seems like oil bulls would have everything to gain from Syria mischief ramping up; oil prices are on the skids and the fall of Libya puts my $65 forecast in sight... Quick! Gin up an oil shock! But how? That's the problem for oil money, and reason to get them into the PMF mode as participants. I know this is complex, but have more coffee and do try to keep up.
Drought and About Hurricane Irene has slammed into Puerto Rico, but that's not going to relieve drought stress in Louisiana, Texas, or New Mexico - looks to be heading up Florida. Plan on stormy weather in South Florida by Thursday.
Up north of the Texas Sahara (106º in the shade again Sunday) heavy rains are flooding parts of (Warren) Buffettville.
Back from the Sexicide The on-again, off-again case against Dominique Strauss-Kahn is now reported to be on the verge of being dropped.
I've held since Day One that this was just a move on the part of the PTB to 'sexicide' Strauss-Kahn - an attempt to ruin his reputation, keep him from becoming the next president of France, and oh, clear the way for the new gal at the IMF.
This ain't the end of it...that much you may be assured of. The case and its echoes will no doubt continue to be masterfully played as a tool to keep DSK in his appoint (minion of PTB) place, or so it seems just following this.
Barring the Public from OUR Lands Don't know if you have followed this, but there are some mighty strange things going on around the topic of caves all over the place. A source, for example, up in British Columbia, has noted government workers are going over really remote areas on the premise of "public safety" issues related to old mine shafts and caves.
Which I was going to blow off until this popped in from a longtime reader:
Oh? And if you open up your inputs, there's increasing pressure to bar the public from public lands. Even one county in Washington (the state) where it would cost a lousy $3,500 to fix a bridge that has closed off hundreds of miles of trails, but nope, county won't let people contribute to that fund specifically...so really strange stuff going on here.
Attack on the 'Net OK, here's another in our continuing case developing for closing down either the net overall (not likely) or social media (somewhat likely - maybe worth a put option or two) as "Cleveland rapper Machine Gun Kelly's attempt at flash mob in Strongsville ends with handcuffs..."
Not to the point of buying put options, but the play is out there on my trading dart board. Just a matter of when, more than if as I see it.
Darn them Kapitalists Russia is in talks to build more nuke plants...in Iran.
Ritualized Warfare Dept. Two people are in serious/critical in hospital after the 49'ers Raiders game Sunday. --- Not sure if this is unexpected, since isn't that what sports is largely about? Hitting things with clubs, bats, and slamming someone to the ground for holding onto a ball? Or, kicking it away from them?
I don't have a problem with 'sport with a point'. Shooting, for example, really is a skill, so's flying sailing, and so forth. But the ritualized mass marketing stuff? LOL, my life's too short to spend on that kind of distraction.
Rabid sports fan, you say? You must be planning to live a lot longer, or just don't want to engage the real stuff of life.
Even sports like boxing are part ritualized: A quick snap to the Adam's apple, or out with the opponents eyes and that's done with. We live in a world where the crooked path to indecisive outcomes has been ritualized with rematches and exhibitions of the least sharing kind.
But don't mind me, I go to a baseball game every five years, or so, whether I need to or not. Helps me remember what a beer and a hotdog tastes like in their natural setting, mostly. I can watch paint dry at home, otherwise. Aikido? Kundalini raising arts? Different matter. But why to people go in for ritualized sports?
Beats me.
Coping: Monday at the WuJo Our friends, SurvivalWoman (and SurvivalHubby) has a fine reminder about how science fiction can be pretty interesting in a modern context in her position this morning "A Prepper's Journey to the Twilight Zone."
While indeed there are some fine lessons from the TZ, we don't need to check into NetFlix to serve up some helpings of problems at the "boundary layer of Reality". So here's this week's first entry at the WuJo -- that shiny dark wooded room with tasteful rice paper lighting where reality comes to battle the unseen and not totally real...
This sometimes there - sometimes not - phenomena is seeming to crop up frequently. Here's another case:
One of my questions that crops up with this kind of report is whether one (or both) parties are taking statin drugs, which are dangerous in that that seem to be linked with Transient Global Amnesia (TGA) but the odds of two people zoning out (and seeing the same thing) is kinda low - I'll admit that.
Still, if the eyewitness reports are correct, then we have some major WuJo to worry about. --- Last week, after the adventures of the reader and his friend named Blaise in Europe, in came a decent explanation of how the GPS in France could suddenly have indicated Japan. "Did the device have some kind of Japan gateway, or a default location in Japan when signal was lost in France?" Intriguing possibility.
In fact yesterday morning in the plane, flying to to KTYR to shoot some landings, I noticed that when my #2 GPS fired up, it assured me that I was in Westchester New Jersey before deciding, six minutes and a couple of thousand feet closer to the satellites, that "Oh...you really seem to be about here..."
That story last week also prompted this dandy reader report:
The ideal that time is somehow related to a phase-locked loop is interesting because it could be that there's actually something of a self-referencing phase-lock that applies to time.
We all know that small (often easily dismissed) events happen to everyone from scientists and test pilots (our appearing pencil of a few weeks back) to just trying to put the damn cat outside (above). But we also know that with few exceptions (a truck just mysteriously appears after a person swears they looked at it wasn't there seconds before) most events are small. Keys missing only to reappear at a different time and so forth.
What if as a working hypothesis here, we suppose that time operates as a self-referencing phase-lock loop which keeps the general timeline going but which may, due to small perturbations in the system of Universe, get wonky until enough phase difference is generated to become detectable?
In other words, the general flow of events will occur, but they may be somewhat 'drift' down at the micro-level and we already know this occurs because of both Schrödinger's Cat and the paradox of light as being both a wave - or a particle - depending on who's doing the looking and what they expect to see.
Maybe it's just possible that the uncertainty principles which govern quantum mechanics don't ordinarily scale up to observable size, but at the same time, just as probability suggests once every few gazillion years all the molecules of air in your room will be on one side of it at once, they do happen unexpectedly and unpredictably - and that could easily be analogous to minor phase variables below the phase noise floor.
I assume we already agree that prayer really works, since it's little more than intent applied consciously though it's most adept practitioners don't work directly on a desired outcome, but on consciously 'allowing' the pieces (the small stuff) to aggregate up from the quantum foam into a different reality than expected. Michael Crichton got at this 'percolating out of' as the underlying premise of his book Timeline.
All of which circles us back to a Twilight Zone episode: The one where a deranged genius sort build a device which 'freeze time' using an assortment of electronic circuits held overhead in a Statue of Liberty torch pose.
Might be science fiction, but if you're read much of the developing body of science behind Electronic Voice Phenomena, you'll quickly grasp how the "voices" from the other side may not be a 'side' at all.
It could be we're all just going through a phase, know what I mean?
So here's one from a reader who calls hisself a "Hillbilly prepper in Appalachia":
And another:
You see? This is one of those reports where there's a half hour of missing time except, this one went the other way. Usually, in UFO abductee reports, the time has been fast-forwarded. This is our first time reversal. But maybe this is somehow periodically associated with extreme weather - or maybe it causes it?
Then - right on cue from the I-Ching Inbox, which pops a fresh message that's explicitly on point when I write something that's deeply in harmony with Universe - along comes this:
What Clif and I are both worried about it how these events (or eventlets to coin a term for them) may presage that yet-to-be-noted reports about people "staring blankly' 'going into standing stupors' and needing 'help of others to survive' which would seem to fit with that could happen to someone whose mental constructs are not 'light enough' to accept that the world is sinking back into what in previous ages was called "magick". Just got to observe, hold, and then let go of it lest you 'lock up' and the 'self-referential phase-lock loop becomes locked in your mind leaving you unable to reconcile observed phenomena with what you have held too tightly to as being the only way. There are others, but to the unaccepting, going 'off-line' to process for some time (seconds/hours/days/months?) is not impossible to conceive.
That's be our standing/drooling humans...when it shows up and who knows, may have something to do with the PMF (planetary mind f) except instead of just the droolers, could be something else. A deliberate mix of radio signals that could warp reality, or that TZ kind of story?
And there may be a spiritual aspect or dimension of it - since prayer (and that won't stay out cat) seem to get to the idea that emotions carry vast influence. Now consider this one:
It really is, isn't it? But still, I think there's more to it. The poet Percy Shelly summed it up in "Hymn to Apollo" this way:
Or maybe chemtrails contain psycho-actives, and they're just waiting for a radio trigger of something otherwise benign in the water or food chain to set us all off wonkers.
Should know the answer soon enough. Oh, and if you see me holding an electronic device built around a pipe and held overhead in Statue of Liberty Torch-fashion, and there's a bunch of empty banks reported in Texas...I had nothing to do with it.
Honest. Or, nearly so.
Word from "The Stream"? Might want to keep a swim suit handy in New York:
OK, so a smallish version of the Cumbre Viejo landslide maybe? Wonder what they will do to Florida? More important is the when of this...so it you can pull out a date, that'd be of interest to oh, 100 million people, or so.
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 11-year long coincidence...yessir....just a coincidence, we're like SO sure... (Shhh...don't tell anyone that major Depressions are two-part coupled affairs like the linkage between 1920-21 and 1929, OK? Damn, dude...don't spoil it for the sheep...)
Oh...don't forget to "Write when you get rich!"
George Ure, The People's Economist |
Member: National Society of Newspaper Columnists
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