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Posted: 7/29/2015 6:23:35 PM EDT
[#1]
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This guy makes us all look like doomsday pikers ... be advised, includes couple pics of graphic violence. http://eatonrapidsjoe.blogspot.com/2015/07/trading-doomsday-guest-post-by-remus.html?m=1 When I see stuff like that, my takeaway, is plan that it doesn't happen. Because there is absolutely no way to know how it'll play out if it does. You might spend a lot of time and energy on an "off grid" sustainable homestead, with tons of supplies, only to find out you have to move and go somewhere else. Maybe something toxic contaminates your area, maybe a local "cannibal warlord" lays claim to a territory in which you live. Maybe it becomes a battlefield between two rival factions,. Who can know? I think a better way to approach SHTF preparation is think of it this way. There may come a day, where you lose your job, and are unable to find work, and maybe you will never be able to find work again. At least not what you are use to. A world where the entitlements and pensions you thought you had are gone. A world where your savings and investment are depleted, valueless, or gone. A world where the government is bigger, and there are more laws and regulations. That's what you should be planning for. That's the more likely scenario. |
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Posted: 7/29/2015 8:01:33 PM EDT
[#2]
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Going back to what Qweevox said, I assert here that has been a recovery. What Nomi Prins warned about is correct. Unless we break free of the paradigm, it will be much worse for our grandchildren. We're NOT going to break free until by force of laws of economics/mathematics. It's just that simple. The grandchildren will work until they don't. When the tax rate becomes ridiculous, people will stop working, there will be complexity collapse, all the dead wood will be cleared out (weak people, stupid programs, bad legislation, leviathan government programs and social agreements), and then we'll start fresh as a much less populated nation. Who will work, when 85% of what they earn goes to the state? The state may be bigger for a little bit, but then it'll shrink, cuz no one will work for free and when you're earning $999999999999999999999 an hour as a contractor or bureaucrat and that buys one jar of peanut butter, you're leaving, regardless of "the mission". This only gets solved by crisis and puckering. The sooner the better, because it's like climbing a ladder. Earn rung makes the fall more painful. |
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Posted: 7/29/2015 8:56:13 PM EDT
[#3]
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Greenspan is talking again. Alan Greenspan: This is 'extremely dangerous' http://www.cnbc.com/2015/07/29/alan-greenspan-this-is-extremely-dangerous.html "While markets hone in on the Federal Reserve's monetary policy hints, former Fed Chairman Alan Greenspan sees a bigger economic irritant—government spending. On Wednesday, Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy. "To me the discussion today shouldn't even be on monetary policy it should be on how do we constrain this extraordinary rise in entitlements," he said in a CNBC "Closing Bell" interview, calling the trend "extremely dangerous." Greenspan is so full of shit. He reminds me of Ron Paul who had the platform to actually DO something and just blabbered a bunch of non-ass-sense... To get reelected. 
Greenspan helped destroy us, when he could have done more for us to shout out the issues. He ought to keep his cock holster shut.
YMMV. |
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Posted: 7/29/2015 9:39:18 PM EDT
[#4]
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I'll give you my two cents. What good is a job when you aren't home to be able to enjoy your paycheck? I've thought about it but being gone all the time is not worth it. My little brother drove truck for about a year. It was why he quit. Quote HistoryQuoted:
Quoted:
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I can't get excited by the second quarter's GDP. All those statistics are rigged. Even 0-Care is counted as part of the GDP. I don't think the Fed Res will raise interest rates this quarter either. A slight raise can crash a lot of things. Not that they mind if things crash. Look at 1929 when the Fed Res tightened the money supply. Wait for Sept. It's getting harder and harder to patch up the cracks. If you objectively look at reality, the clues that something is wrong are evident. A common topic of commentary in the financial media is, "Why is consumer spending so flat, why hasn't the economy taken off?" Almost daily you'll get someone asking that question. They genuinely seem perplexed about why this is the case, in light of the economic numbers that are being reported. IF almost 95% of those that want a job have a job, what's wrong? The U.S. economy is driven by consumption, we're a consumer economy, and have been for a very long time. The BLS unemployment numbers look great, according to U-3 people who want to work have a job, and an income. So why aren't they consuming more? Why are commodity prices flat to down? Why are energy prices sinking? Why is China not booming? What's going on with freight and material shipments, why are they down? Of course all of it's connected. These questions are not new, they've been floated for years now. Early on in the recovery the excuse, and a good one, was that consumption takes time to recover. That's true. But this isn't a new "recovery" anymore. It's the longest recovery in 50 years, so what's the excuse now? The bottom 80% of household incomes aren't doing very well in this recovery. Workforce participation has declined, and at best household incomes are stagnant. Any modest wage growth has been offset by higher healthcare costs. Of the highest 20% of household incomes only the top 5% has made any kind of significant gain in net worth or income, and of that group only the very top have really experienced a significant recovery. I've been doing considerable research in the transportation industry for another project I'm working on. One of the things that keeps popping up in the trucking sector, is that we have a shortage of truck drivers. Actually a fairly significant shortage, which has been growing for the better part of two decades. So I have to ask? Why aren't trucking jobs filled? If there is indeed demand for truckers, and goods aren't being moved as fast as demanded, why haven't incomes risen to the point that it would attract new drivers? This isn't a new trend, there aren't a lot of obstacles to overcome for a person to enter trucking. Truck driving is an interesting model because it doesn't take a lot of training to become a truck driver. There aren't a lot of barriers to entry. If you where to say that there is a shortage of radiologist, it would be completely understandable why such a shortage might not be filled, or take a very long time to fill. You might not have enough candidates who are qualified to even pursue the training and education. The training and education is expensive, and it takes years to complete. So a lingering shortage of radiologist might be understandable. But that's not the case for truck drivers. You're not talking months and years, you're talking weeks, maybe a month. So why aren't people jumping on this opportunity? Why is the pay so flat? It's an interesting question. I really don't have an answer, except to say that I suspect there really isn't a shortage. Real demand is being met. If the data doesn't support the observation, then there is a problem with the data. One has to conclude that something is wrong with data, something is missing or corrupted. . I'll give you my two cents. What good is a job when you aren't home to be able to enjoy your paycheck? I've thought about it but being gone all the time is not worth it. My little brother drove truck for about a year. It was why he quit. Not trying to justify it but some men see providing for the family that they helped create as a duty no matter what it personally costs them. So some guys (usually the very type that will drive a truck) will sacrifice their own pleasure and happiness so that they can put food on the table and a roof over the children's head. |
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Posted: 7/31/2015 1:02:36 PM EDT
[#5]
I like Rick Santelli, he's probably one of my favorite financial media people...
Fed's trillions haven't helped worker paychecks http://www.cnbc.com/2015/07/31/feds-trillions-havent-helped-worker-paychecks.html (on page video) "The central bank printed $4.5 trillion and all we got was a lousy 0.2 percent wage increase. While that sounds like a T-shirt for policy geeks that one might buy at the shore, it actually pretty accurately describes the plight of the average American worker. After years of easing never seen before in global central banking history, the Federal Reserve's efforts have amounted to little when it comes to stimulating "good" inflation, particularly in terms of wage increases...." What is money? Believe it or not this is kind of tough question for economist to answer. Oh, sure, we all know it's a unit of "value" but value compared to what, and from what? I think money really represents a "labor unit". I guess it doesn't have to be a "human labor unit", but it's a unit which represents work being done, or value being created. That's why government deficits, and monetary policy tools like QE are so bad. ...almost evil. Because it infuses more money into an economy without any work being done, or value being added. In essence devaluing the money for those workers and business owners who've actual produced value. This "recovery" is absolutely fascinating to me, on so many levels. |
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Posted: 7/31/2015 1:22:51 PM EDT
[#6]
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Didn't think I'd see $23.xx in silver for a while - now I'm wondering "how much lower will it go?" So I guess I'll miss the falling knife and try to buy high again later. 
(is this the pre another-crisis liquidation sale, or...)? Blast from the past from over 2 years ago - silver apparently went lower.
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Posted: 7/31/2015 3:33:45 PM EDT
[#7]
If we "Objectively look at reality"
It's clearly evident that are country is being stolen right out from... Under us. But who looks at reality here???????????????? |
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Posted: 7/31/2015 5:01:53 PM EDT
[#8]
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"The central bank printed $4.5 trillion and all we got was a lousy 0.2 percent wage increase. Is this .2 percent taking inflation into account (especially real inflation) or before inflation is figured in from the printing of that $4.5 trillion? |
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Posted: 7/31/2015 10:19:36 PM EDT
[#9]
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Is this .2 percent taking inflation into account (especially real inflation) or before inflation is figured in from the printing of that $4.5 trillion? Quote HistoryQuoted:
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"The central bank printed $4.5 trillion and all we got was a lousy 0.2 percent wage increase. Is this .2 percent taking inflation into account (especially real inflation) or before inflation is figured in from the printing of that $4.5 trillion? It's negligible at best. In unadjusted dollars it's more then offset by rising healthcare cost. |
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Posted: 7/31/2015 10:37:21 PM EDT
[#10]
So simply put, the Richest of the Rich pocketed 4.5 Trillion freshly minted Greenbacks while everyone else got fucked!
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Posted: 7/31/2015 10:42:16 PM EDT
[#11]
Quote HistoryQuoted:
So simply put, the Richest of the Rich pocketed 4.5 Trillion freshly minted Greenbacks while everyone else got fucked! It's unbelievable. $4.5 TRILLION.... Well look on the bright side, the Kardashians are still on television. |
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Posted: 7/31/2015 10:45:21 PM EDT
[#12]
Quote HistoryQuoted:
So simply put, the Richest of the Rich pocketed 4.5 Trillion freshly minted Greenbacks while everyone else got fucked! QE only benefits the uber rich. We small fish all suffer (via inflation and soon the death of the dollar). |
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Posted: 8/1/2015 7:17:51 AM EDT
[#13]
Quote HistoryQuoted:
If we "Objectively look at reality" It's clearly evident that are country is being stolen right out from... Under us. But who looks at reality here???????????????? Remember what the Russian defector said in the video ... "Even when exposed to authentic information ..." |
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Posted: 8/1/2015 9:42:30 AM EDT
[#14]
You have good recollection.
I doubt if many bloviators even ruffled their Normalcy Bias by listening to him... |
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Posted: 8/1/2015 12:02:11 PM EDT
[#15]
Quote HistoryQuoted:
Remember what the Russian defector said in the video ... "Even when exposed to authentic information ..." Quote HistoryQuoted:
Quoted:
If we "Objectively look at reality" It's clearly evident that are country is being stolen right out from... Under us. But who looks at reality here???????????????? Remember what the Russian defector said in the video ... "Even when exposed to authentic information ..." There's just one problem. The premise of his primary prediction failed. The USSR collapsed. I guess those who believe in such conspiracies will then argue that this was part of "the plan", and that the USSR failed to trick us, and conquer us. I just don't buy that argument. I have no doubt that psyops is a real thing, and that the USSR and KGB engaged in it. The US and most other nations engage in such activities now. I also have no doubt that they used psyops and propaganda techniques to convert people to their ideology. I just don't believe in any "grand council" running a multi generational "communist" plan to enslave the world. Occam's razor A simpler explanation is that successful governments become more authoritarian over time. They tend to grow and expand. History is replete with examples of this. People vote themselves more money, benefits, safety-nets, and laws. The political classes (people that work in and around government) want more money, power, and influence, and to that end they buy off the population with money from the treasury. Authoritarians also use propaganda to indoctrinate their populations to "follow them", both leftist and rightist do this, and yes our education system is it's backbone. The Controlling large populations with force alone is very tough and expensive, and again, history has shown this eventually fails. So indoctrination is a more effective option. So no, I do not believe in any organized global conspiracy on the level some do. Humans are great at seeing patterns, that's what evolution has wired us for. Our brains are complex difference engines. Most of the time this is of great benefit to us. But at other times it causes us to see false patterns, patterns which truly exist, but lead us to the wrong conclusion because they don't accurately reflect reality. As a market technician I have to question every pattern I see. It's not that they aren't there, it's just that they may lead to an incorrect conclusion. Whether I believe in a "global conspiracy" or not is unimportant. I see the trajectory of history and risk of where we are headed. I believe that the U.S. will become more and more authoritarian, that socialism and collectivism will continue to flourish, creating more and more regulatory and legal complexity until eventually it collapses to the mean. The problem with patterns is they look so good, and and sometimes they work. The Copernican Geocentric model of the universe is a prime example, you could make elaborate mathematical predictions based on it. But it wasn't true. No "grand conspiracy", Bilderbergers, Trilateral council, or One World Government conspiracy is needed. |
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Posted: 8/1/2015 1:02:53 PM EDT
[#16]
Qweevox
I absolutely agree with everything you are stating above, it's now no longer a conspiracy, but it did start that way. Yuri Bezmenov was correct, the seeds of what is happening today were planted by the KGB (and the old international communist conspiracy). Every person on the left side of the political spectrum in the USA was heavily influenced by the KGB plants from the 1940's foward. Today Obama, Hitlery, Pelosi & the rest of the Dems (+ most Cuck-Servative Republicans) basically worship at the alter of communism, funny thing is I don't think most of them can even see it themselves, true definition of "Useful idiots". |
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Posted: 8/1/2015 2:34:30 PM EDT
[#17]
Quote HistoryQuoted:
Qweevox I absolutely agree with everything you are stating above, it's now no longer a conspiracy, but it did start that way. Yuri Bezmenov was correct, the seeds of what is happening today were planted by the KGB (and the old international communist conspiracy). Every person on the left side of the political spectrum in the USA was heavily influenced by the KGB plants from the 1940's foward. Today Obama, Hitlery, Pelosi & the rest of the Dems (+ most Cuck-Servative Republicans) basically worship at the alter of communism, funny thing is I don't think most of them can even see it themselves, true definition of "Useful idiots". I can agree with that. It's absolutely no secret that leftist ideology has been, and is currently promoted through our education system. Hell, Francis Bellamy, the guy who got the pledge of allegiance in our schools, was a national socialist. The original progressive movement of the early 20th century adopted and promoted a lot of socialist ideas, the New Deal 1930's is about as socialist as you can get. These ideas have been around for a long, long, time. They sells. It's sounds awesome to those who think about it a lot. It just doesn't work. I believe that leftist and progressives have been sold on this ideology for a long time. Not just because they honestly believe it's better, but because it makes them more important. It gives them control. It sets them up as the elite ruling class. But this isn't a conspiracy. |
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Posted: 8/1/2015 2:34:53 PM EDT
[#18]
Quote HistoryQuoted:
Qweevox I absolutely agree with everything you are stating above, it's now no longer a conspiracy, but it did start that way. Yuri Bezmenov was correct, the seeds of what is happening today were planted by the KGB (and the old international communist conspiracy). Every person on the left side of the political spectrum in the USA was heavily influenced by the KGB plants from the 1940's foward. Today Obama, Hitlery, Pelosi & the rest of the Dems (+ most Cuck-Servative Republicans) basically worship at the alter of communism, funny thing is I don't think most of them can even see it themselves, true definition of "Useful idiots". And you think they STILL AREN'T???????????? Boy are you missing the boat too... At least a little... 
For a tiny example... You seem to forget what O whispered to Communist Putin's right hand man on an unknown open mic. "I'll have more flexibility when I'm re-elected" Also, another 'small' thing--- Why would a leader of America, in his right mind and without a Leftist agenda and ideology??? Encourage the destruction of the USA with un-checked mass infiltration at the border?? As well as implementing a Cloward Piven agenda so effectively? Can anyone think of ONE THING... OF JUST ONE THING... The Leftists have done while in power ------that has BENEFITTED the LONG TERM SURVIVAL... Of the USA??????????? Then consider what they have done to facilitate the long term DESTRUCTION of us. I can't believe even the folks here can be so gullible and naïve... No different than all the folks smiling and mindlessly taking selfies of themselves... We're screwed.
I know, in one ear, out the other, Normalcy Bias is a powerful addition. |
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Posted: 8/1/2015 2:56:18 PM EDT
[#19]
Normalcy bias refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects.--from google. EXPY, you keep using this term to describe participants in a thread titled "You Ain't Seen Bad Yet But It's Comin". Do you not see a certain irony here.
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Posted: 8/1/2015 4:16:53 PM EDT
[#20]
Quote HistoryQuoted:
Normalcy bias refers to a mental state people enter when facing a disaster. It causes people to underestimate both the possibility of a disaster occurring and its possible effects.--from google. EXPY, you keep using this term to describe participants in a thread titled "You Ain't Seen Bad Yet But It's Comin". Do you not see a certain irony here.
Nonsense...
Some here could be mugged at the gas station... And go home and tell their wife what a great person they met there.
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Posted: 8/1/2015 8:26:40 PM EDT
[#21]
Qweevox, I'm thinking the russkies emerged from Chapter 11.
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Posted: 8/2/2015 9:36:50 AM EDT
[#22]
Morris Berman talks about the decline of the American Empire. He wasn't the first to say it (someone else pointed it out in the '70s) and he's not a lefty. He suggests getting out of Dodge before the fall (he's not the only one who cautions against staying here). https://www.youtube.com/watch?v=9AXJgm4Hftg
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Posted: 8/2/2015 9:50:42 AM EDT
[#23]
Quote HistoryQuoted:
Morris Berman talks about the decline of the American Empire. He wasn't the first to say it (someone else pointed it out in the '70s) and he's not a lefty. He suggests getting out of Dodge before the fall (he's not the only one who cautions against staying here). https://www.youtube.com/watch?v=9AXJgm4Hftg Leave here & go where? The whole world if a cluster fuck! |
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Posted: 8/2/2015 11:15:24 AM EDT
[#24]
Quote HistoryQuoted: Morris Berman talks about the decline of the American Empire. He wasn't the first to say it (someone else pointed it out in the '70s) and he's not a lefty. He suggests getting out of Dodge before the fall (he's not the only one who cautions against staying here). https://www.youtube.com/watch?v=9AXJgm4Hftg He chose Mexico to flee too?  |
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Posted: 8/2/2015 12:12:59 PM EDT
[#25]
Quote HistoryQuoted:
He chose Mexico to flee too?
Quote HistoryQuoted:
Quoted:
Morris Berman talks about the decline of the American Empire. He wasn't the first to say it (someone else pointed it out in the '70s) and he's not a lefty. He suggests getting out of Dodge before the fall (he's not the only one who cautions against staying here). https://www.youtube.com/watch?v=9AXJgm4Hftg He chose Mexico to flee too?
There are several expat communities in south and central America. The reason they're there is because they believe that the U.S. won't just suddenly fall into a chaos, and stay there. That the U.S. government won't just go away, or become weak. They believe there will be a crisis or series of crises followed by very authoritarian rule, a tyranny. Our government is so huge (largest in history), all the tools of tyranny are already in place. Even "if" the financial markets completely collapse (after 08' this looks unlikely) the U.S. government could easily and quickly morph into a more tyrannical regime. If you believe this, then it is logical to be in a region, or territory, which has little government where the "tools" of tyranny are weak. These expats are in areas with "weak governments". But even with weak government these areas are functional, People work, interact, carry out voluntary exchange, and maintain order in their communities with almost no government. Order exists. They don't have a lot of police protection, or government services now. So not much would change. And if it's survivable now, the thought is it'd be survivable after a crisis of government. In many of these places the local people already resist centralized rule and influence. They don't want the "safety" of strong centralized government. In many parts of Mexico their federal government has almost no influence. In the north drug lords rule as they fight over access to the very lucrative US black markets (thanks war on drugs) But in other parts of Mexico there are towns with very low crime rates, and very little government. |
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Posted: 8/2/2015 12:59:38 PM EDT
[#26]
Quote HistoryQuoted: Snip Until the locals decide they don't like you being there anymore. |
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Posted: 8/2/2015 1:08:08 PM EDT
[#27]
Quote HistoryQuoted:
Until the locals decide they don't like you being there anymore. Quote HistoryQuoted:
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Snip Until the locals decide they don't like you being there anymore. Very true. I'm not saying I would live in Mexico, I'm just saying I understand their logic. |
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Posted: 8/2/2015 2:28:01 PM EDT
[#28]
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Until the locals decide they don't like you being there anymore. Quote HistoryQuoted:
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Snip Until the locals decide they don't like you being there anymore. Exactly why one ex-pat (he never renounced his citzenship) left South America and returned to Texas. Heard a talk today about a controlled crash. Since western banks are so interconnected (including the Bank of Japan with the Fed Res), they could orchestrate a crash such that there is no safe currency for people to hide their wealth. That way no one is alerted to withdraw their ducats from the banks until it is too late (think Cyprus and to a much lesser extent, Greece). |
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Posted: 8/2/2015 5:00:10 PM EDT
[#29]
This is why "Men of Wealth" [from a topic in the Survival Forum]
Must diversify. [Holdings -to be clear] |
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Posted: 8/2/2015 10:54:05 PM EDT
[#30]
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This is why "Men of Wealth" [from a topic in the Survival Forum] Must diversify. Jim Rogers - Singapore and he feels the 21st Century belongs to Asia Doug Casey - All over the globe Peter Schiff - Puerto Rico (people who become residents there don't pay US income taxes) Martin Armstrong - Caribbean.Island |
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Posted: 8/3/2015 11:01:48 AM EDT
[#31]
Quote HistoryQuoted:
Jim Rogers - Singapore and he feels the 21st Century belongs to Asia Doug Casey - All over the globe Peter Schiff - Puerto Rico (people who become residents there don't pay US income taxes) Martin Armstrong - Caribbean.Island Quote HistoryQuoted:
Quoted:
This is why "Men of Wealth" [from a topic in the Survival Forum] Must diversify. Jim Rogers - Singapore and he feels the 21st Century belongs to Asia Doug Casey - All over the globe Peter Schiff - Puerto Rico (people who become residents there don't pay US income taxes) Martin Armstrong - Caribbean.Island Doug Casey's community down in Argentina is pretty damn nice. I heard him talking about what it's like to own property in a country that had gone through two financial system failures and government turmoil. (Edit to add, apparently a lot of expats have decided that the devil you know is better than the one you don't) Here is an interesting blog about one such expat, you can read his initial impression and intention, and his actual experience. I guess if you're going to try to diversify you have to be very careful. http://www.henrymakow.com/argentina.html
So I wonder if Doug Casey is still promoting it? |
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Posted: 8/3/2015 2:56:36 PM EDT
[#32]
(EXP, don't get me wrong, I can certainly see how you derive your theories. It certainly looks like government does everything in their power to fuck up the free-market. I guess the difference between us, is I'm now more of libertarian with strong anarcho-capitalist leanings. I distrust and hate ALL government. I have absolutely no faith in politicians or government employees form either party. In my opinion the founders got it half right ...government is evil.)
Deflation is sweeping through the commodity sector. This macro move is primarily driven by weak aggregate demand. Although oil also has significant supply side problems as well because of the dramatic increases we've seen in domestic and foreign oil production. Normally, a decline in energy prices might spur consumption, as falling energy prices trickle down to consumers fairly quickly. So people have more money to buy other things, and monetary velocity is increased as money moves around the economy. But not today... Today, we've eaten up any cost savings with additional regulations (cost of government), and taxes. Government has also increased healthcare cost, partially offsetting any wage increase or cost savings. So it was already a shitty situation. But I guess it wasn't bad enough.... BOOM! Obama unveils clean energy plan, amid legal threats http://www.cnbc.com/2015/08/03/obama-unveils-clean-energy-plan-amid-legal-threats.html (rant begins...) "Engineered destruction" or not, the results are the results. The fucker even managed to work in children with asthma into his announcement speech. Government will not let the free-market work. This shit is over. Intentionally or circumstantially engineered it just doesn't fucking matter. The results are the same. Government is fucking evil. I hate it. Quit fucking with my money, and leave my private property alone, I'll take my chances with the private criminals, thugs, gang members, terrorist, drug dealers, fraudsters, conmen, and crooks. AND I will certainly take responsibility for the results of my own choices that only affect me and my family, just leave me the fuck alone and quit using coercion and the initiation of violence to protect me, and for the love of all that is holy stop trying to "engineer" the world into a better place. It's just fucking it up. FUCK FUCK FUCK. (....rant ends) |
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Posted: 8/3/2015 3:22:12 PM EDT
[#33]
.How are we ever going to replace the MW's the coal plants produce?
Wind & solar are nothing but Hippie pipe dreams & we know how anti-nuke the USA is! POTUS zero will not be happy until we are rationing power & water like every 3rd world shithole! |
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Posted: 8/3/2015 4:03:20 PM EDT
[#34]
Quote HistoryQuoted:
.How are we ever going to replace the MW's the coal plants produce? Wind & solar are nothing but Hippie pipe dreams & we know how anti-nuke the USA is! POTUS zero will not be happy until we are rationing power & water like every 3rd world shithole! We can't. O is doing this to intentionally DESTROY this energy resource... As one of a multitude means to weaken the US... So that when we collapse sufficiently... We Americans will capitualize and happily hand over our Freedoms and Country... For another day's worth of bread. |
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Posted: 8/3/2015 4:04:50 PM EDT
[#35]
Quote HistoryQuoted:
.How are we ever going to replace the MW's the coal plants produce? Wind & solar are nothing but Hippie pipe dreams & we know how anti-nuke the USA is! POTUS zero will not be happy until we are rationing power & water like every 3rd world shithole! The political classes are going to rule. There is no stopping them. So at every turn and every crisis they'll take the opportunity to gain more control and power. It's just what they do. It builds over time. Sometimes it builds slowly sometimes it builds fast, but it always grows. IF government would just get out of the way, and allow the free-market to work the world would be a MUCH better place. To me free-market and individual freedom are synonymous. They're one and the same. The more you restrict one, the more you restrict the other. You can't be free in a centrally planned and heavily regulated economic system. |
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Posted: 8/3/2015 4:25:16 PM EDT
[#36]
"(EXP, don't get me wrong, I can certainly see how you derive your theories. It certainly looks like government does everything in their power to fuck up the free-market. I guess the difference between us, is I'm now more of libertarian with strong anarcho-capitalist leanings. I distrust and hate ALL government. I have absolutely no faith in politicians or government employees form either party. In my opinion the founders got it half right ...government is evil.)"
Queevox, I don't disagree with you. It's just I am a lifelong Businessman and Entrepreneur and look at things from a different POV. ****I consider how I would steal the USA if I were a Leftist/Communist... ****And then extrapolate that into an analysis of what they are doing to us. I have no particular biases or preconceived notions and remain flexible to any ongoing developments. This said, I have watched carefully the developments in this country for many DECADES... The conclusions I've drawn and post are inescapable... To a reasonable person who looks at the issues ---and excludes from analysis his personal biases, wishful thinking, and self serving dogmas. I don't have an axe to grind, agenda, or classify myself to any ideological persuasion, of any particular direction, except for a desire for fair play, open sky, decency, honesty, seriousness of purpose, an acceptance of REALITY, ect. Therefore I think I can look at issues without coloring them OR BEING BLINDED -----because I DON'T HAVE have a particular 'classification'. If I were to have had one, I could never have been as successful as a businessman, because at every moment it required intellectual 'flexibility' and a willingness to change direction, attitude, etc, to prevail in the market... [I received a lot of criticism from my employees who couldn't understand why I changed my mind so often in business, it was difficult for them to understand why it was required]
As well as to quickly adjust to every imaginable 'change' as I developed new products, from the most basic level [i.e., which varactor to use, what geometry of PCB layout, how to machine a particular miniature housing, etc] to... What final product to manufacture that gave the greatest ROI on my personal and company activities. I think this is where we differ in our analysis of the present situation.
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Posted: 8/3/2015 5:35:30 PM EDT
[#37]
Quote HistoryQuoted:
It's just I am a lifelong Businessman and Entrepreneur and look at things from a different POV. ****I consider how I would steal the USA if I were a Leftist/Communist... ****And then extrapolate that into an analysis of what they are doing to us. I have no particular biases or preconceived notions and remain flexible to any ongoing developments. This said, I have watched carefully the developments in this country for many DECADES... The conclusions I've drawn and post are inescapable... To a reasonable person who looks at the issues ---and excludes from analysis his personal biases, wishful thinking, and self serving dogmas. I don't have an axe to grind, agenda, or classify myself to any ideological persuasion, of any particular direction, except for a desire for fair play, open sky, decency, honesty, seriousness of purpose, an acceptance of REALITY, ect. Therefore I think I can look at issues without coloring them OR BEING BLINDED -----because I DON'T HAVE have a particular 'classification'. <snip> I think this is where we differ in our analysis of the present situation.
But you do have "preconceived notions", a lot of them, and in this post you've clearly stated them. You believe our problem is some sort of leftist/communist conspiracy. Let's be honest, you spend a lot of time trying to prove that your "preconceived notions" about conspiracy are correct. A lot of us don't have that same notion. But really it's just not important. If government is strangling us slowly I don't really care what they're motives are. It matters not if they're doing it with good intentions or bad. It doesn't really matter if it's planned or accidental. The results are the results. If I get hit by a car and killed, I don't care if the driver is an idiot, soccer mom, or gang member. I don't care if they were distracted with alcohol, texting, or just fiddling with the radio. ...I'm still dead. The result is the same. Personally, my "preconceived notions" are that the founding fathers where right, government is evil. I think history is replete with examples of this. It's much easier to extract value using coercion then it is to exchange it voluntarily. That's why it's "good to the king". It's easier for rulers, politicians, or government employees, just to point guns at people to get what they want. They hold themselves above the free-market, and then very much like the mob, parasitically extract their income and benefits, and sometimes wealth, from the free market using coercion. Just like the mob. In order to maintain the illusion or morality, they lie to themselves and their "subjects" that their job is too important to allow people to voluntarily pay for it. Their "job" is above the fray, it's not subject to the free-market. ...it's just too important. ...they're too important. ...we need them. In a republic like ours that means they have to buy off at least enough voters, so they can extract value without rebellion. The only good any government can possibly be used for is to protect individual freedom. Anything beyond that (and I mean anything and everything) and the evil only grows. Crack the door a little, and the demons run amok. Of course it's always sold under the guise of doing it for the best of intentions, for the "common good". All one has to do is look how many "good" government growing policies and initiatives where put in place under Republicans, to realize this is a universal problem. Government IS force, graft, corruption, and coercion. I guess you'd say that's my "preconceived notion". |
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Posted: 8/3/2015 9:48:06 PM EDT
[#38]
Drudge is linking to a news story:
"Huntington Park Councilman To Appoint 2 Undocumented Immigrants As Commissioners" They are doing every thing possible to steal this country. |
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Posted: 8/4/2015 11:48:48 AM EDT
[#39]
China rallies as the government limits more of the free-market.
Why don't they just outlaw selling altogether. That'll do wonders for their market "....You can check out anytime you like, but can't every leave" 
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Posted: 8/4/2015 2:41:35 PM EDT
[#40]
Market manipulation and holidays are not exclusive to China. The same has been done here. I have long maintained that there is no free market price discovery anymore. We don't have capitalism anymore either. We have crony capitalism with a strong dose of fascism to manage the nation.
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Posted: 8/4/2015 3:02:09 PM EDT
[#41]
Quote HistoryQuoted:
Market manipulation and holidays are not exclusive to China. The same has been done here. I have long maintained that there is no free market price discovery anymore. We don't have capitalism anymore either. We have crony capitalism with a strong dose of fascism to manage the nation. Yep... The Leftist's are trying to change all this... 
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Posted: 8/4/2015 3:07:41 PM EDT
[#42]
Quote HistoryQuoted:
Market manipulation and holidays are not exclusive to China. The same has been done here. I have long maintained that there is no free market price discovery anymore. We don't have capitalism anymore either. We have crony capitalism with a strong dose of fascism to manage the nation. ...I agree. Freedom is like butterfly wings. |
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Posted: 8/4/2015 3:09:46 PM EDT
[#43]
Quote HistoryQuoted:
Yep... The Leftist's are trying to change all this...
Quote HistoryQuoted:
Quoted:
Market manipulation and holidays are not exclusive to China. The same has been done here. I have long maintained that there is no free market price discovery anymore. We don't have capitalism anymore either. We have crony capitalism with a strong dose of fascism to manage the nation. Yep... The Leftist's are trying to change all this...
One of the dangers of your worldview is you're only looking for a left punch. If you keep doing that they'll knock you out with their right hook.
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Posted: 8/4/2015 5:54:40 PM EDT
[#44]
Someone needs to write a song about Fall in the financial markets. Something that feels like this...
All the really interesting moves have occurred in the Fall, and I believe this Fall just might be another. The Fed can do nothing more for the equity markets. The financial "morphine" is losing (lost?) its effect. I don't think more is going to get the markets running again. They're already hopelessly addicted. The Fed has really put itself between a rock and hard place. They've given everything they've got, and really helped pump up the markets over the last 7 years. Unfortunately this hasn't done much for the broader economy as a whole. Sure, we're a little better than we were back in 08' but not by very much. We've been able to buy some more stuff, and had some fun. But for the most part, the money they infused in the system concentrated at the top of the food chain and never gained any monetary velocity. It allowed large companies to clean up their balance sheet, and buy back stock, but they never really did any significant expansion or new hiring. It has allowed for some hot real estate markets, and exciting luxury auctions in art and cars. But not much else. I guess the U-3 unemployment rate looks much better, but low paying service jobs, and temporary, or part time employment jobs aren't really enough to move the consumption needle. No, unfortunately things really didn't get very good during this long in tooth "recovery". ...and the Fed has boxed itself in. It's not checkmate for them yet, but it's most certainly check. We should get a unlikely reprieve here. Something that gives us the false breath of hope, to carry us out of summer. After that fall will be interesting. IF this fall turns out to be like others, and the market breaks, it's going to get fun, and interesting, real fast. I can't wait. 
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Posted: 8/5/2015 8:32:17 AM EDT
[#45]
http://personalliberty.com/heres-why-obama-and-hillary-must-stop-donald-trump-at-all-costs/
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Posted: 8/5/2015 10:43:40 AM EDT
[#46]
The service sector is booming. link
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Posted: 8/5/2015 12:33:44 PM EDT
[#47]
Quote HistoryQuoted:
http://personalliberty.com/heres-why-obama-and-hillary-must-stop-donald-trump-at-all-costs/ http://www.freerepublic.com/focus/news/3310815/posts |
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Posted: 8/5/2015 12:40:07 PM EDT
[#48]
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Posted: 8/6/2015 7:01:56 AM EDT
[#49]
I think I've mentioned this data before. It's one of my favorite data points for economic activity because it's not massaged.
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Posted: 8/6/2015 7:30:27 AM EDT
[#50]
Quote HistoryQuoted:
I think I've mentioned this data before. It's one of my favorite data points for economic activity because it's not massaged. http://www.eia.gov/dnav/pet/hist_chart/A103600001M.jpg So, from your chart I see that gasoline consumption has doubled in the past year - happy days are here again, the skies above are clear again ... 
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