Memorial Day Rant - 05.30.2016

May 29, 2016

How the media controls you. How they twist the statistics and lie to you. The cunning way in which they have convinced the world that the U.S. has a 5% unemployment rate. Why pension funds are doomed. A recent failed prosecution (overturned on appeal). 'SWATing'. GAAP earnings and 'adjusted' earnings: how companies rip you off. Congress has just legislated all the Fed spoils for itself! China readying for war with the U.S. Ramifications of the collapse of the sub-prime auto industry.


Federal Reserve Criminals At Work - 05.27.2016

May 26, 2016

The Fed has ignored the needs of the general population, trying to manipulate the economy: an impossible act. Arrogance and conceit are responsible. Listen to the details. Is Deutsche Bank the next Lehman? Manufacturing activity declined for the first time since 2009. America's addiction to credit cards. A quick riposte to the rah-rah citings I gave you on Monday and Friday last. The abject failure of the 1980s 'experiment' with 401(k)s and IRAs. America's war crimes. More on China's sputtering economy. U.K. MPs threaten to bring down the government over the TTIP (Europe's version of the TPP). Growing loan delinquencies at U.S. banks.


Incompetence And Corruption With The TSA At Airports - 05.23.2016

May 22, 2016

This is a depression, not a recession. Ask Japan. (But don't ask for the solutions). Corporations borrowing money to speculate, to avoid paying taxes on their huge offshore holdings. Obama's 'firsts'. Replacing Obamacare. The fortunes of Caterpillar. Some statistics relating to the 'Recovery'. 20% of Americans over 65 are working. The scandal of U.S. airport inconvenience. Trade frictions building up between the U.S. and China - inevitably leading to war.


The Experience-Stretching Hypothesis – 05.20.2016

May 19, 2016

How happiness evolves in humans. A scientific method has been devised. The influence of different layers of happiness on each other. Employment statistics are expected to reflect the underlying economy very soon. More on America’s middle class. Bernanke’s lies and obfuscations… and how his simply wrong theories have been instrumental in bringing the country to its knees economically. Watch the mini-documentary this weekend! More on ‘Brexit’. (Lies and fearmongering to achieve a ‘remain’ vote in June.) Singapore is again the most expensive country in the world. Options in dealing with spare cash. How the government has failed you all when it comes to spending your money. How robots are taking over the teaching profession, threatening vast number of employed personnel.


Economics Of The Dating Game (And Some Dating Advice…) – 05.16.2016

May 16, 2016

Unpredictability is the driving force behind this market. Clues as to turning a first date into a second one. Hint: up the ante! Obama: broken promises: war, war, war… Other European countries want their own EU referendums. More signs the U.S. economy is falling apart. The country’s biggest chain stores are struggling. Wasted taxes. New book by an anonymous congressman spills the beans on what really goes on in government (The Confessions of Congressman X). Economic growth in the U.S. likely to be permanently truncated. Wendy’s is automating all its stores in light of the $15 minimum wage. One third of U.S. manufacturing workers need public assistance to survive.


Why Americans Are Worse Off Today Than 40 Years Ago – 05.13.16

May 12, 2016

90% of America has made no economic progress since the early 70s. Many reasons for this. The Tesla shark with Wall Street’s connivance. ‘Brexit’, the coming U.K. referendum to remain in the European Union or to leave it. The pathetic and disastrous state of countries recently attacked and invaded by the United States. Pessimism or optimism in the economy… Another bullish rah-rah piece for your consideration (the last, I promise!) Another brief look at negative interest rates: what they are and why they are so toxic.


Playing The Devil’s Advocate – 05.09.2016

May 8, 2016

What the bulls and the Pollyannas have to say about retirement. All is just peachy! Why things are so much better today than they were 50 years ago! Deep job cuts just announced. Why this is an ongoing problem. More on the trucking sector drawdown. The 500-euro note will no longer be printed: official! The huge power over lending in the hands of the banks. Why it is more than ever necessary to take your money out of the banks. Lots of details. Corporate bankruptcies on the rise. Why banks don’t need your money any more to make loans. Hong Kong’s imminent housing crash. Credit is soaring in the U.K. Zimbabwe printing U.S. dollars!


The Catalyst That May Cause The Coming Implosion – 05-06-2016

May 5, 2016

The butterfly in Africa that flapped its wings and starts a Force 5 hurricane which slams onto the coast of the United States. What is the equivalent here? Several theories. A collapse of the junk bond market precedes a stock market collapse. Gold is not money. The idiocy of some of Buffett’s statements. More evidence that the economy has entered a downturn. Military police training civil forces for European urban violence. The European TPP (called TTIP). Lots of local opposition. It looks like the deal won’t make it. A truly frightful – and frightening medical statistic you won’t want to miss.


The GDP Scam (Yes, The Economy IS Breaking Down) – 05-02-2016

May 2, 2016

GDP (Gross Domestic Product) is braking sharply despite the positive bleatings of the media. Now they want to recalculate this measure of economic growth (to beef it up, of course). How GDP is distributed in society. Poverty in the U.K. The European version of TPP (TTIP) is in deep trouble. More on the FBI. Yellen is ‘uncertain’! Exxon downgraded from AAA to AA+. A book recommendation. Peak “stuff”. Why Europe has no growth.