The long awaited sell signal has not occurred but it feels
as though when it occurs it will shake the world more than the Liar-Loan
Derivatives market did in 2007 or the earlier off-the-books, now illegal
accounting practices and DOT COM bubble did in 2000. Deflation, or depression followed by
hyperinflation are even on the table now.
Even Germany
is now slipping into deflation.
Quantitative easing must be ended because if you look at the Japanese
economy, the Japanese QE in the early 1990’s ended their economic renaissance.
Aug 28 Christians are often conflicted because socialists like to say that Christ was a socialist at heart. After all Christian charity is obviously a form of redistribution of wealth. But it is obviously not socialism because it is not an entitlement for anyone nor is it an obligation for others. It is a free choice and an act of love and willingness to sacrifice to help others in need. American kindness was the idea behind the “Thousand Points of Light” of President Bush Sr. American love and charity was how penniless immigrants once survived on the goodness and kindness of Americans. That is why we had so many ethnic churches, clubs, and organizations to connect the immigrants with opportunities, with jobs.
Aug 28 Christians are often conflicted because socialists like to say that Christ was a socialist at heart. After all Christian charity is obviously a form of redistribution of wealth. But it is obviously not socialism because it is not an entitlement for anyone nor is it an obligation for others. It is a free choice and an act of love and willingness to sacrifice to help others in need. American kindness was the idea behind the “Thousand Points of Light” of President Bush Sr. American love and charity was how penniless immigrants once survived on the goodness and kindness of Americans. That is why we had so many ethnic churches, clubs, and organizations to connect the immigrants with opportunities, with jobs.
And America was much better for it, and the people who gave
us what we have today were much better than we are today with our welfare, and
our legions of state and federal make-work employees all unionized and
clamoring for more time off and bigger pensions. Ultimately under socialism, everyone must be
a government employee or like the great Russian physicist Solzhenitsyn they are
punished for their thoughts and have to
live off the charity of friends and relatives.
It is primarily Christians who are working to stem the
spread of Ebola in Africa . Creeping socialism is destroying America by outlawing and discriminating against Christian Hospitals in socialized medicine and
anything related to the socialist government that is growing. But
you behead others, or you have a weird fetish, or in your religion we can have
nine year old children in our harem, and then you can do as you please, but
don’t advertise it. The liberals don’t want to know how rotten
socialism actually is. We now have
thousands of children in sex slavery, and Great Britain is now finally cracking
down on their Moslem Pakistani problem.
The liberals and socialists tend to be blind to reality, possibly
because they have never visited socialist countries or watch the world news to
see what it is like. And many of the
liberals are mentally ill and convert or have joined ISIS . It is estimated that about 400 Americans are in the ranks of ISIS and even
more are from England .
Americans need to come to their senses before it is not too
late. It is obvious that the Obama
administration had the American Intelligence agencies taping all the lines of
the New Jersey
governor’s staff and applied complex algorithms to come up with a single staff
conversation that sounded suspicious to them.
The two staff members deny the accusation. How many years does it take to press charges
if they are real? That does not matter
to socialists because they are breaking the American Constitution to harass all
political opponents with accusations.
They are no better than Stalin and Hitler were when they started their
power grabs. J'accuse is the method this administration has used even to
prevent Historical Societies from renewing their tax exempt status.
Aug 26 The feudalistic and religious governments of the dark
ages and the Middle Ages were obviously socialist governments. What makes it
difficult for religious Americans is that they know socialism doesn’t work
because humans are not perfect. If we were perfect we could not be corrupted by
socialism. The Pilgrims arrived at Plymouth Colony in 1620 and began the New World ’s first government experiment in socialism.
William Bradford was governor of Plymouth Plantation, the small community of
Pilgrims who arrived in what is now Massachusetts
a full decade before the great migration of Puritans from England to the Bay Colony, now Boston . Bradford 's
history of the Pilgrims was written as his journal and it admits socialism
failed within two years with a loss of 50% of the colonists to starvation.
There is in fact only one documented example in the history of the human
species where socialism was reported to have succeeded without the need of
continuous looting, genocide and wars. That is in the reported life of Christ,
where Christ is said to have fed thousands of people from the redistribution of
the collection of wealth consisting of a small number of loaves and fishes.
After all, what greater miracle could Christ possibly perform than to actually
make socialism work somewhere on earth? By bringing good people back from the
dead Christ did the direct opposite of what socialism is famous for doing best,
falsely convicting, imprisoning, and putting good people to death.
The sociopath feudalistic socialist politicians like Putin
don’t believe in Christ or charity but think of themselves as emperors with
entitlements. They are especially
indignant that intelligent and creative people can make so much more money than
they can. Others like those in the Obama
administration try to punish everyone who can compete politically, by illegally
investigating (for the purpose of destroying opposition) by tapping their phone
and computer lines (e.g. Christy et al).
These socialists also often set up their opponents’ naïve relatives with
legal transactions to then try to connect and politically embarrass numerous
Governors who had nothing to do with those transactions that new regulations
make illegal for elected officials. That
is what corrupt administration politicians are now actively doing to destroy
the decent political competitors who are potential presidential candidates to
go up against Hillary Clinton in 2015.
The name of the game for corrupt politicians is to create new rules and
regulations to make many things illegal for politicians but not necessarily
illegal for private citizens. These
same corrupt socialists have also done illegal gun running to Mexico ’s drug
lords, wire tapping, IRS harassment, in addition to smearing their honest
opponents. The naïve relatives, friends,
and employees of the honest politicians cannot be convicted of anything, but
they are being used to smear the political opponents of this corrupt socialist
administration that has caused the death of an estimated 30,000+ Mexicans with
the guns they smuggled in to drug lords, originally to smear the American
Riffle Association and all American gun holders in general. To see so many governors now being smeared
is reminiscent of the two well known socialists, Stalin and Hitler. Even Putin is not up to the level of this
administration’s type of political corruption.
http://www.nbcnews.com/storyline/christie-bridge-scandal/second-bridge-investigation-linked-chris-christie-n139166
http://www.nytimes.com/2014/08/23/us/virginias-mcdonnell-tells-of-pursuing-loan-from-businessman.html?_r=0
http://www.jsonline.com/news/statepolitics/walker-says-he-was-unaware-of-700000-donation-from-mining-company-b99336817z1-272433211.html
http://online.wsj.com/articles/illinois-gov-pat-quinns-re-election-hampered-by-criminal-investigation-1405560943
So far the worst politicians are winning in the world
because socialists are in control of most national educational systems and are
producing ignorant politically correct corrupted graduates like themselves who
need entitlements for grants and other handouts to get ahead. But the sociopath groups are taking control
in the Mid East and Africa and they make our
Western incompetent and corrupt socialist leaders look good in comparison.
The socialists know
and don’t admit that all those smart rich people are only rich on average for
about 30 to 40 years and then they die and their wealth is redistributed with
much of it going into charitable foundations.
J P Morgan was the richest American tycoon in the history of capitalism
(in constant dollars), and most people don’t even know his foundations are now
run by socialist liberals trying to get their stupid followers educated enough
to be good feudalist socialists and to destroy free enterprise and
capitalism. The socialists don’t really
care that all American wealth is automatically redistributed. The socialists want to control the natural
American redistribution because they themselves are parasites and they want the
money for themselves and friends. The
American system does what Warren Buffet and Steve Jobs have done. Good and decent Americans realize that money
and power corrupt people and they start to want something for nothing so they
tend to become corrupt socialists or completely degenerate. Intelligent entrepreneurs know money is
poison to people who have not earned it just as indiscriminate welfare or other
redistribution of wealth destroys the ambition and self respect of the
recipients.
PhD Thomas Piketty published research showing that returns
on capital historically outstrips gains from economic growth. So what if the people who finance growth earn
more than the entrepreneurs that create products that sell. That is because they finance many others who
do not succeed. You would think a
college PhD could figure that out.
But this is a sign that the current bubble is about to burst
because this excess capital always peaks during economic bubbles because
apparently the business failures begin to spike and the successes begin to
flatten out. Right now it is at a peak.
Last month, research by European Central Bank economist
Philip Vermeulen and London School of Economics’ Gabriel Zucman showed that the
wealth of the super-affluent is undercounted.
So what again! These stupid PhD’s
have not figured out that in about 40 years we all inherit the rich people’s
money and it is recycled in free countries such the USA and then the stupid PhDs and
everyone else get their recycled money.
There are no Warren Buffet or JP Morgan aristocracies
because aristocracies are created only by feudalistic socialists who have no
interest in working, or new ideas.
The old Aristocracies were socialist feudal societies, with
each farming community that they ruled.
The aristocrats were descendants of feudalist warriors who rampaged,
murdered and pillaged to accumulate wealth (like Putin). But the new affluent American founders were
once great leaders but the growth of corrupt government cronyism is creating a
new feudalist aristocracy of socialists who historically have ruled and
destroyed every economy they touched.
That is why we need to shrink government, not grow it like it.
The American race problem identified.
http://www.cnsnews.com/video/national/oreilly-americas-race-problem
World Economy
Aug 29
The free world is going into a state of shock. Britain just
raised the terror threat level to the second highest level, severe. 500 Brits are now Islamic terrorists. It appears Britain will now lead the free
world.
The anniversary of
9-11 is within two weeks. Forty three
NATO peace keepers in the Golan Heights guarding Lebanon
and Israel
were just abducted.
The Ottoman Empire conducted genocide against Armenians just
the way it is being done against non Moslems in Syria
and Iraq today and Turkey and the
others continue to deny it and the holocaust of Jews. But now we can see their religion in action
once again and still Moslems in America
say nothing and toe the line.
The Russian army has now officially invaded the Ukraine apparently to provide a land bridge to Crimea .
The German economy has now tilted into deflation. Terrorism and economic problems preceded both
world wars.
Aug 26
Socialists Argentina
revokes authorization for officials at BNY Mellon to defraud American’s who
invested in Argentina ’s
socialist government. Let that be a
lesson to foolish Americans who support socialism here and abroad.
Aug 25
Sebastian Stein a medical worker in Africa
says Ebola has a specific indescribable smell.
“It’s full on. It’s in your face,” So does world feudalist Communism and
Moslem Caliphates. It is the smell of
death, rotting people and rotten national leadership.
Stagnation has prompted yet another feudalist socialist
government’s collapse. President
Francois Hollande was forced into the third major change of his ministerial
team in two years of socialist failures.
Government housing and incompetent government planners in
China has proven that government cannot create real wealth and do not
understand that innovators need free enterprise not empty or decaying cities
that the feudalist socialists apparently think stimulate the economy. The Chinese politicians have built many
empty cities as monuments to feudalist /socialist stupidity. The dead weight of socialism is dragging the
Chinese economy down and adds to growing world instability. Chinese military pilots continue to harass
aircraft in international territory.
Hitler led the feudalist nationalist socialists from the
beer halls. Stalin led the feudalist
international socialists in the streets.
The European FTSE is at the highs of 2000 and 2007 but
MSNBC/PRAVDA is still saying buy and by-by.
http://finance.yahoo.com/q/bc?s=%5EFTSE+Basic+Chart&t=my
If you look at Germany where the people have
perhaps the strongest work ethic in the world, their stock market has topped
out too but their trend is upward only because the dollar is continually
weakening.
http://finance.yahoo.com/q/bc?s=%5EGDAXI+Basic+Chart&t=my
http://in.finance.yahoo.com/q/bc?s=%5EN225&t=my
The French market is only about 60% of what it was fourteen
years ago. At it most recent highs it is still is still down 50% from 2008 and
down 60% from 2000.
http://in.finance.yahoo.com/q/bc?s=%5EFCHI&t=my&l=on&z=l&q=l&c=
The Swiss market still indicates stagnation since 2007. It
has hit the highs of 2003 but could not make it to the highs of 2007. Obama has
destroyed Swiss banking by attacking Swiss confidentiality that had protected
people from the Hitlers and Stalins of the past.
http://finance.yahoo.com/q/bc?s=%5ESSMI&t=my&l=on&z=l&q=l&c=
American Economy
Obama must have made all his advisors learn the new Common
Core Mathematics. The numbers seldom
make sense and tend to make Obama stagnation look like prosperity.
Aug 25
New Home Sales Jul 412K down sharply from 422K ---
Aug 26
Durable Orders Jul 22.6% up from 1.7% socialist nonsense
Durable Goods -ex transportation Jul -0.8% down from 1.9%
unlikely
Case-Shiller 20-city Index Jun 8.1% down slightly 9.3% -
FHFA Housing Price Index Jun 0.4% flat 0.4% - we need this
to increase
Consumer Confidence Aug 92.4 up from 90.9 This is very questionable for stores that
employ people
Aug 27
MBA Mortgage Index 08/23 2.8% up from 1.4% This is good but inconsistent with the flat
year so far.
Aug 28
Initial Claims 08/23 298K peaked at 298K --Continuing Claims 08/16 2527K increased from 2500K --
GDP - Second Estimate Q2 4.2% up from 4.0% +
GDP Deflator - Second Estimate Q2 2.1% up from 2.0% -
Pending Home Sales Jul 3.3% improved from -1.1% +
Aug 29
Personal Income Jul 0.2% sharply lower from 0.5% ---
Personal Spending Jul -0.1% sharply lower from 0.4% ---
PCE Prices - Core Jul 0.1% flat deflation 0.1% --
Chicago PMI Aug 64.3 sharply higher 52.6 a most manipulated statistic
Michigan Sentiment - Final Aug 82.5 supports confidence 79.2 ++
The Markets
Aug 29
The markets and the world sit on the edge of a
precipice. But the panic has not started
just yet and we have not yet gotten a sell signal. But you can almost feel a panic starting.
Aug 26
Volume continues to slide.
Our indictor still needs a sharp sell off on high volume to trigger the
sell sign.
Others think we are only about a week away for other
indicators to break down. A few weeks
ago we showed several public indicators that pointed to a downturn occurring
about the beginning of September. But usually there is a recovery of about half
the first decline before a long term bear market decline ensues. A very careful person could consider
shorting a company that is beginning and covering it about a week after the
first decline of close to 10%. After the
first sharp sell off there will be some very good stocks that should not be
down much more than 10%. A very careful
person could consider cherry picking those strong companies that are still
strong but also consider getting back out just before they recover from the
first sell off loss. After that first
sell off and recovery we expect traders to pile in short selling.
Google has a search machine with many good selections and
you can save the results in an Excel spreadsheet and capture the HTML’s that
let you automatically plot each case that you want to look at.
Look at the
volatility index and you see that the market could fall much faster when volume
gets back to normal. This market has little volume or volatility. So when volume picks up past history says the
market will plunge. This is not a good
moment in time for holding equities.
http://finance.yahoo.com/q/bc?s=%5EVIX&t=3m&l=on&z=l&q=l&c=
World market updates:
https://in.finance.yahoo.com/intlindices?e=europe
http://in.finance.yahoo.com/intlindices?e=asia
https://in.finance.yahoo.com/intlindices?e=americas