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Blind Eye of Justice
Several readers have send in emails pointing out how there may be something
of a double-standard in American military justice staring us in the face
which is not being given voice in the MainStreamMedia (MSM) which is off
running some kind of context-free agenda, but here's the point of the
multiple emails making the rounds:
We all know that
Army Staff Sergeant Robert Bales will likely be charged with 17-counts of
murder either today, or in the next week, or so.
What the angry emails point out is that the treatment of Bales seems to be
almost on a "railroad track" which is vastly different than the treatment of
the "suspect" in the 2009 Fort Hood shootings who has not yet been brought
to trial. From Wikipedia:
The Fort
Hood shooting was a mass shooting that took place on November 5,
2009, at Fort Hood, the most populous U.S. military installation in the
world, located just outside Killeen, Texas.[1] In the course of the
shooting, a single gunman killed 13 people and wounded 29 others.[1] It
is the worst shooting ever to take place on an American military
base.[2]
The sole suspect is Nidal Malik Hasan, a U.S. Army Major serving as a
psychiatrist. He was shot and taken into custody by Department of the
Army Civilian Police officers,[3] and is now paralyzed from the chest
down.[4] Hasan has been charged with 13 counts of premeditated murder
and 32 counts of attempted murder under the Uniform Code of Military
Justice; he may face additional charges at court-martial. If he is
convicted, there is a chance he could be given the death penalty.[5][6]
Hasan is an American Muslim of Palestinian descent. Internal Army
reports indicate officers within the Army had discussed what they
characterized as Hasan's tendencies toward radical Islam since 2005.
As one reader noted: There is something seriously wrong here when a
noncom soldier in a combat zone "loses it" and heads immediately into trial
while a commissioned officer who [we have to say allegedly] kills 13 of
our own soldiers and wounds 29 is still not yet at trial.
Just so we're straight on this: In February, a judge ruled that Hasan will
stand trial on June 12th, so no, his case has not been forgotten. And more
than a few people (including me) will be watching to see if the military
allows as much prep time for Bales or whether the winds of political
pressure will blow stronger.
Marine May Be Bounced
As speaking of which,
a Marine Sergeant may be facing dismissal from the Corp for putting up a
Facebook page which is anti-Obama. Apparently, Sgt. Gary Stein's
Armed Forces Tea Party page is a bit much for the military establishment.
More Justice Problems
Then there's the police chief of Stanford, Florida who has temporarily
stepped down,
say reports like this one, over the shooting of an un-armed black man by
an armed neighborhood watch volunteer. Rev. Al Sharpton was among
those at the Thursday community protest demonstration.
Within a week, or two, we expect this will be back in headlines again and
charges being filed would not surprise us. In the meantime, we realize
Justice is supposed to be blind, but with headlines like the ones this
morning, we can't help wondering if the blindfold hasn't been slipped a bit.
Firearm Frenzy
Related: I also couldn't help but notice, since I wrote the piece Ammo
Shortage 2.0 which appeared over on the
www.strategic-living.net site
on Wednesday (the story is
in the Strategic View #5 article) that gun sales are also continuing to
climb with gun maker Ruger mentioning this in the Q1 sales report Wednesday:
"Despite the Company's continuing successful efforts to increase
production rates, the incoming order rate exceeds our capacity to
rapidly fulfill these orders. Consequently, the Company has temporarily
suspended the acceptance of new orders. "
Wow....but I'm just guessing that this is what happens when free people
notice Justice is on spring break. Oh, and the radio bloviators fan
this for all its worth, too. Decreases the odds of peace and harmony
breaking out, that's for damn sure and it's then that the dangerous feedback
cycle could begin.
Stealing Future Dreams
There's that damn headline again...
"Student-Loan Debt Tops $1 Trillion" right there on the Wall St. Journal
site.
I've said it before, and I'll say it again: The bankster-class has hung our
children out to dry with the ONLY debt that can't be routinely discharged
through bankruptcy. Until this changes, the future is downhill from
here. It's false advertising to call such things "loans" when it's
really a mortgage - a contract unto death and should be disclosed as
such: You are mortgaging your life.
Turnabout is Fair Play Dept.
Plenty of headlines about which could give a thoughtful person than the
banker class is really our to screw anyone they can. But an RT story
this week turns tables on the banker-screwer class by reporting that "Banking
Services Withdrawn: Madrid escorts declare sex war..."
It goes without saying that the screwing of the public wasn't enough,
apparently.
Crackpot Quake Theory
On the brighter side, sometimes connecting the dots in the headlines can be
a lot of (whimsical) fun. For example, while from a civil libertarian
standpoint, it's a concern that the
US relaxes limits on use of data in terror analysis" there may be a
tie-in to a a 5.6 earthquake in Australia this morning.
My crackpot theory is the reason for the quake 200-miles from the US/Aussie
snooping post near Alice Springs at
Pine Gap may be due to
the weight of all the paperwork piling up there...
My new crackpot theory says to expect quakes near the Buckley Air Force base
in Colorado, Menwith Hill in England, and maybe in Utah near that NSA
super-site to follow...
More after this:


Coping: Monday's Headline, Revisited
When the US stock market didn't promptly enter a massive collapse on Tuesday
of this week, after my Monday headline "Time for a Global
Pause?" I had a number of neener-neener emails. Yet, as of the close
last night, the S&P was down 1.2% since last Friday's close, but even more
to the point, markets around the world do - indeed - seem to be reading very
much in tune with Monday's headline:
-
China's Hang Seng is down 3.04% from last Friday's close.
-
Japan, from Monday's close, is down 1.28%
-
Similarly, in Europe, Germany is down 2.4% for the week as of this
morning's mid-session there.
-
The CAC-40 of France has dropped 3.58% since last Friday.
-
And the UK's FTSE was down 1.89% at mid-session compared with week-ago
levels.
Not every market in the world is counted in my Global Index - which equally
weights a number of the larger markets of interest to US investors. I
don't, for example, include India's BSE-30 index, yet this one was down
also, though a small 6-10th's of a percent.
Nor does the Aggregate Index look at smaller market averages such as the
Athens Composite, which as of this morning was up 6-10th's of a percent.
Reason being it is a smaller market and one which is able to run counter to
global averages because it has already been taken out back and has the snot
kicked out of it this year: Since year-ago levels, this particular
market is down 52.5%.
I may sometimes seem like a wild-eyed speculator, but in truth,
I'm actually a pretty conservative guy. Remember our last two major
investments were gold (from $276 in 2001/2002) and silver (from $6.94-$7.05
in July of 2005).
---
Despite all her faults, America is still the best place on Earth to put hard
work and hustle on the line and have a pretty good chance of getting ahead
both socially and economically. The main problem we have is that
people have allowed themselves to become attention-deficit and a lot of
folks, sometimes after so little as a single setback, toss up their hands in
frustration and quit putting forth effort.
It's hard to fight the "give up" mentality, mainly because hustle is hard
work and there are lots of distractions trying to divert people from being
successful. As a nation, we've got a pretty good system of social
supports, like food stamps, free or reduced cost healthcare, and a fair
number of job training programs.
Even though I often grouse about how many of the newly created jobs the
Obama administration touts are lower income, the fact is that a job - any
job - is better than no job. What's missing is the mindset and the
willingness to get your hands dirty (like my septic tank work this week) if
that's what it takes.
Although I \certainly fit the profile of a "prepper" I'm also a student
of self-improvement programs. Although it has largely gone out of
style, the Positive Mental Attitude (PMA) crowd has a message that is just as important
to America's future as "preppers" because they are the other side of the
coin.
I remember a few years talking to a friend who summed up this "duality" of
thought. "Plan for the worst, hope for the best."
Since we seem to have made it to another Friday, the world is still here,
and if you've been working "for
The Man" all week, now comes the weekend when you can really dig in and do
some serious work on your own behalf. Maybe spending a little time on
some self-improvement courses and books wouldn't be a bad thing if you
haven't tried it lately. Negativity and fear-mongering sites may get
more traffic than we do, but our focus is the long-term and balance is
critical.
On the audio side, there are oodles of self-improvement courses in written
and audio form...and for some video hit the "Ted talks" site and try at
least two hours per week substituting some brain-stretching new ideas
instead of another shoot-em up, or lowest common denominator crap that keeps
average people just that...average.
I particularly liked the Ted Talk from a 17-year old that went up this
month: "Taylor Wilson: Yup, I built a nuclear fusion reactor..." Only 3 1/2
minutes.
And instead of listening to political bloviators in the car, a CD player
could be playing Earl Nightingale - Lead The Field (6 CD UNABRIDGED + 1 CD Workbook)
(about $25). This, and his other courses, even though we think
we know everything, help keep the balance right.
My son shocked me a while back when he referred to a book which I must have
read 40-years ago:
Psycho-Cybernetics, A New Way to Get More Living Out of Life
($8, Amazon). "It's a really good book and explains a lot about
people, Dad..." Yes, it does.
---
Life is all about balance. It's fine to be a serious prepper,
since something is bound to go wrong. Storms, earthquakes,
strikes, or whatever. But just because the world will have speed-bumps
doesn't mean withdrawing or becoming politically polarized. I can
think of nothing more dangerous than an urge to prep coupled to an extreme
political viewpoint that sees the end of the world at every turn.
Leads to Aum
Shinrikyo kind of thinking.
The world's a pretty big place, actually, and been around for a few years,
too. And, near as I can figure, it will be around for many more.
What give you the greatest chance of (to borrow from Nightingale) leading
the field as a human?
Looking once in a while over the shoulder, looking at the storms sneaking up
on us, but the rest of the time, keeping your eye straight ahead - focused
on the future and making the right investments in yourself to have the right
mix of brains and assets not only for right now but for next year as well.
I think we've talked in the past about "time seeds" but it's worth
reiterating: I try to think of everything I do throughout the day as
seeds that I am planting which I will harvest later on. Some
are ideas, some are actions. A new way of looking at a problem for a
client is an example of an intangible time seed, listening to Nightingale,
Brian Tracy, Wayne Dyer, or others, while going to Lowes to get a part for a
weekend project, is another.
On the tangible side, I should have half a dozen - or more -
tangible/deliverables on our "personal account" finished up by the time the
weekend is over. 10-more pages on one of the books I'm writing,
another ham radio updated, a lawn mowed, and on goes my list; you have your
own, of course.
Even if I were working for "the Man" I'd still be getting ahead faster than
most, because I hold to a 60-hour workweek minimum. That's
40-hours for others and at least 20 for our own account.
Doesn't leave much (or often any) time for television, but 20-hours a week
of consciously planing "time seeds" - things you can harvest in the future -
seems like a very worthwhile way to spend any day. And there ain't no
bigger block of "time seed planting time" for most people than 5 PM Friday
to 8 AM Monday.
Meantime, a Global Pause started this week, as we discussed Monday.
A Plug for George II
Proud Dad moment here. If you live in Seattle, and can book the time, the Seattle-King County Red Cross is holding its 16th Annual Heroes
Breakfast on Tuesday morning (27th) at 7:30 AM at the Washington State
Convention Center...
One of this year's seven recipients is...care to guess?
Compassion in Action Award – George Ure of Kirkland for his
volunteer efforts and dedication to emergency preparedness.
In part for going to Joplin, and in part for trying to put a couple of
people back together after a tragic motorcycle accident and other such
things.
More on
the other honorees here.
I was going to fly up to be on hand, but in our "You can only spend it once"
discussion, G (the 2nd) would rather see the money put toward fuel for the
plane so he can book more flight time when he comes down. I don't have
to tell him much around the "time seed" concept - he gets it: You can
only spend it once.
Going Ex-Pat?
We have mentioned many times the seemingly increasing number of Americans
who have "going ex-pat" which is to say, moving to another country. We
have regular reader in all kinds of places - China, Ecuador, Chile,
everywhere in Europe, and so forth.
Until recently, though, I didn't realize the size of the growing contingent
of former US residents who were moving to Uruguay. Hmmm...something to
think about, but before you cash in your chips and blow town, a reality
check on what it's like is probably in order and for that a check of "My
Day in Uruguay" is in order.
Doug DuBosque has some very interesting stories to tell...I found his
adventure with "Cutting
Edge lighting in Uruguay" very informative, for example.
We've also had some interesting discussion about best ways to learn Spanish
since both Elaine and I are nibbling at that:
Having gone from zero to conversational in Spanish in my fifties, I
recommend the Michel Thomas course. Nothing to study or write; you just
listen.
Not cheap, but you can find the course Michel Thomas Method™ Spanish For Beginners, 10-CD Program (Michel Thomas Series)
for $104. I picked up a discounted program on eBay of another teacher
(16 CD's worth) for about $30...but we are starting to think about this
pretty seriously because I've got a wild-hair of an idea percolating around
in the back of my mind...
Dream Flight?
Our old beater of an airplane which we got into for just under $20,000 is
still in the shop for its annual checkup but when it come out, we have a
couple of decent-sized flights ahead. I told you about the Columnists.com
convention in Macon, but then this summer we will also head to the Pacific
Northwest again, too. We'll probably put 15,000 miles plus on the
plane this year.
But I keep thinking about flying somewhere really, really exotic in the old
plane - and here's where Spanish learning comes in. I've been doodling
a flight which would go down Mexico, stopping in Central America and Panama
then on to Ecuador (promise of a free beer from a reader there) then down
Peru, Chile, and back up the other side. Uruguay is a possibility.
Competing with this half-baked idea is the alternative: flying to Europe, up
over Canada, Alaska, down Siberia, over to Moscow, and into whatever will be
left of the EU.
I'm not sure whether this really a Grand Adventure stuff coming to
mind hasn't been partially prompted by the AOPA magazine doing a piece of
flying the outer islands of the Bahamas a couple of months back, or if this
is how dementia begins.
Jury's out on that. But, without big dreams, why do we go to work?
If you don't have big dreams, you'll never grow into them,
Site Improvement Week
Say, it just occurred to me that it has been a while (in years) since I have
asked the question "What should I improve on my website(s)?" Maybe
there is something you like (and want more over) or maybe something that
needs tweaking ("I want different colors...") or whatever. If so, send
me an email to george@ure.net and put
just the word "website" on the subject line so my email router will drop it
in the right To-Do pile...thanks!
That's it for now - tomorrow Peoplenomics looks at the modern analog to the
Civilian Conservation Corps which has quietly served almost 600,000
Americans so far, while the CCC helped 2½
million during the last Depression.
And come on by Monday as I unveil my Junk Food
Diet...
Before we go...our Clean Joke of the Week:
Cardiologist and Motorcycle Mechanic
A motorcycle mechanic was removing a cylinder head from the motor of
a Harley-Davidson, when he spotted a well-known cardiologist in his
shop.
The cardiologist was there waiting for the service manager to come
and take a look at his car when the mechanic shouted across the garage,
"Hey Doc, want to take a look at this?" The cardiologist, a bit
surprised walked over to where the mechanic was working on the
motorcycle.
T he mechanic straightened up, wiped his hands on a rag and asked,
"So Doc, look at this engine. I opened its heart, took the valves out,
repaired or replaced anything damaged, and then put everything back in,
and when I finished, it worked just like new. So how is that I make
$24,000 a year and you make $1.7M when you and I are doing basically the
same work?"
The cardiologist paused, leaned over, and then whispered to the
mechanic..... "Try doing it with the engine running."
Write when you break even:
george@ure.net
Of Interest to Readers:
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Visit:
The
UrbanSurvival Amazon store. Books, computers, software, and
outdoor gear. You're going to buy things on Amazon, so use this handy
portal...
Now on our premium content site:
www.peoplenomics.com:
Prospects: Heading Off Intergenerational Warfare
Slipping by,
in the wake of the evening news, there's something in the froth that has
been bothering me for a long time. It's a sense of rising
frustration and desperation in the voices of the under 35-crowd. I
hear it from my kids - if I listen between the lines and loan requests -
and I see it in the headlines, now that I know what I'm looking for.
And it shows up in everything from voter demographics to the viral Kony
vid to the report this week about kinds moving back in with their
parents at rates not seen since the early 1950's. Does it have a
peaceful, happy ending? But, before we get into that, we first
need to romp through the morning's headlines and see if we can make at
least a little sense out of the evermore irrational world around us...
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Safer
Computing: Swearing Off Cookies
It has been a while since I roared the praises
of the Maxa Cookie Manager which you can
download and install for a free test drive by clicking here.
To upgrade from the demo to full working is still less
than $30 (During their Spring Sale) and one heck of a bargain at that, if I do say so.
I am a high-reliability computing kind of guy - and
near as I have it figured, the road to a hassle-free computing experience is
(like flying an airplane) a matter of going through a proper checklist
before popping onto the web:
-
You need an active cookie manager - because sites
you visit can put small bits of code on your computer and some of these
are designed for Flash, have no expiration, and can really bugger-up the
computing experience. This part gets handled by Maxa Labs' product
which on my system says 184,380 cookies have been removed, 73,881 "web
bugs" which can track movement from site to site and such, and I have
only 10-active cookies.
-
Second thing you need is a good antivirus program
- and I happen to really like Avira's Antivir pro.
-
Then you need to deal with Malware so for
this Malware bytes is updated and run daily.
-
And last, though certainly not least is the
firewall and the one in Win 7 works fine.
Like anything in computers, updates are critical so
before work every morning, the computer does its update ritual - Check of
Maxa (5.3.02 is current) Avira, and Malware bytes.
Toss in a good bit of common sense (example:
Don't open email purporting to be from UPS, IRS, the US Post Office, or
anything else that even has a hint of fishy odor to it) and first thing you
know, the internet's actually a useful tool.
"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.
Do Tell
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 March 22, 2012
Watching the Derivative Bubble
Another
quarterly report from the Office of the Comptroller of the Currency is
out and the executive summary goes like this:
Executive Summary
Insured U.S. commercial banks reported trading revenues of $2.5
billion in the fourth quarter, 70% lower than revised
1
third quarter revenues of
$8.5 billion, and 27% lower than $3.5 billion in the fourth quarter of
2010.
Credit exposure from derivatives fell in the fourth quarter. Net
current credit exposure decreased 15%, or $74 billion, to $430 billion.
Trading risk exposure, as measured by Value-at-Risk (VaR), decreased
in 2011 as dealers actively reduced risk in the face of increasing
global financial risks. Aggregate average VaR at the 5 largest trading
companies declined 9.3% from 2010 to $680 million.
The notional amount of derivatives held by insured U.S. commercial
banks fell $17 trillion, or 7%, from the third quarter of 2011, to $231
trillion. The fourth quarter decline in notionals followed a 0.6%
decline during the third quarter, and marks the first time notionals
have declined in consecutive quarters. Notional derivatives at year-end
were 0.2% lower than at the end of 2010, the first year-over-year
decline on record.
Derivative contracts remain concentrated in interest rate products,
which comprise 81% of total derivative notional amounts. Credit
derivatives, which represent 6% of total derivatives notionals, fell 6%
to $14.8 trillion.
So how big is the bubble?
The notional amount of derivatives contracts held by insured U.S.
commercial banks in the fourth quarter fell by $17.2 trillion (6.9%) to
$230.8 trillion from the third
quarter. Notionals had also fallen 0.6% during the third quarter.
The declines in notionals in the third and fourth quarter mark the first
time notionals have fallen in consecutive quarters. The fourth quarter
decline in notionals, the largest dollar decline (and third largest
percentage decline) on record, reflects ongoing trade compression
activities, in which dealers terminate trades among each other, as well
as substantially reduced client activity toward the end of the year. The
decline in client activity reflects not only seasonal trends but also
broad-based uncertainty associated with a range of issues, most notably
the continuing focus on European sovereign debt. The notional amount of
derivatives at year-end 2011 is 0.2% lower than a year ago, the first
time notionals have fallen on an annual basis."
I get a kick out of following this, because it's more money than there is on
Earth. Except it isn't....In theory none of this can ever become real,
but if it did, the derivatives notional value is $15.4 years of total US GDP
- and that's the insured banks only! Where my ViseGrips and crack
pipe?
Another Wasted Day in Global Affairs
I can't speak for you, but for me, going through the news some mornings
seems to underline how stupidly the world is run. Not to mention the
obvious here, but when I read how the
UN Chief is arguing for a ceasefire in Syria, I find myself wondering "What's
he gonna say otherwise? Come on out and let's have a good street fight
and see who can kill the most?" In my most cynical moments, I
wonder why he couldn't have figured this out what...three or four months
back?
Then in the "Like father - like son" department, we see how
North Korea says any criticism of its nuclear program would be a
'declaration of war.' Near as I can figure this one, there's a
hole in North Korea's education system, because I was hoping Junior would
have been able to figure out that if he keeps spending money on
militarization, his people will continue to starve. But maybe he'll
figure that out some day.
Or not. The reason being that war - like it or not - is the largest
industry on the planet after the making of food. It's a stupid way to
run a world, when you think about it. But, without war, people would
have time off to think, and that could lead to all kinds of dangerous
consequences - things like accountability in politics, demanding honest
money instead of war-paper.
So pardon me, when I read about the latest little bit of warring -
the coup d' etat in Mali, I immediately wonder who's going to grab the
Markala sugar project and
is someone going after a (literal) hostile takeover of Randgold's mining
operations in country?
Hate to admit it, but every time I see new hostilities break out, it doesn't
usually take too long to find an economic reason for war, after all,
everything is a business model...even in Mali.
Maybe it's not really a wasted day in global affairs. Especially if
you're a banker in the backroom where even death is a business model - one
of the highest paying of all. Sick world, huh?
Blame Game's a Gas
Not to continue on such a sour note, but we have to admit the John Rogers.
AP story about how
the unhappy public is not sure who to blame for high gas prices.
Sure 'nuf, a check of the
Triple A Fuel Gauge Report shows premium is $4.151 compared to $3.820 a
year ago. It's understandable why - when faced with 8.664% inflation
at the pumps - why government policymakers and their puppet master bankers
blather on endlessly about the importance of the core rate of inflation; the
cost of living without food or energy.
I suppose with enough servants and a chauffer those things don't matter, but
to the 99...guess what?
Political Policing
Cleansed of my initial reaction to another morning of headlines which beg
the question "Is there intelligent Life on Earth?"
we move on to noticing that the LA city council is now going on record in
favor of diversity in talk radio and condemning hate speech.
This is actually sort of amusing. First, what goes on radio stations
is dictated by the FCC. Secondly (repeat after me: Everything is a
business model) hate speech (and the deification of Ronald Reagan) seems to
be a pretty successful business model.
Last time I checked, there were about 169 stations in the LA market (35
Spanish plus 11 regional Mexican, 16 religious, yada, yada...) so it isn't
like people have no choice. Even in the talk radio segment there are
at least 7-stations and that's not counting 10 different news-talk stations
and two pure newsers (KNX and KZSB). And that's not counting the
amazing explosion of Internet radio.
While we appreciate the LA city council trying to do what's right, they're
up against good old-fashioned American money. What bears some thinking
time is why see see "voting with our wallets" as easy, yet the voting with
our ears and eyes is an often invisible choice.
Politics, II
Sheriff Joe Arpaio says there is a "ton" of additional info on president
Obama's curiously missing pass that's coming to light as his investigators
continuing turning up people, including here recently, a man who delivered
mail
to a home where an Obama-looking youth was described as a "foreign student".
In the latest goings on, Sheriff Joe says it's
"...the biggest censorship blackout in the history of the United States."
Euro Anti-Semitism Rising
A poll out (timing to the French school shooting noted)
shows that anti-Semitism has risen a fair bit since 2009.
"Why?" you're wondering? Well,
data I'm reading says about 2,500 illegals a week are pouring into Europe
from North Africa...and most are Muslim and since this pencils out to
about 400,000 in three years, not to mention another million or more
legally, what exactly would you expect? How quickly people forget the
car burning spree of a couple of years back.
Continuing Unemployment
A small tick up in the weekly labor data:
In the week ending March 17, the advance figure for seasonally
adjusted initial claims was 348,000, a decrease of 5,000 from the
previous week's revised figure of 353,000. The 4-week moving average was
355,000, a decrease of 1,250 from the previous week's revised average of
356,250.
The advance seasonally
adjusted insured unemployment rate was 2.6 percent for the week ending
March 10, a decrease of 0.1 percentage point from the prior
week's revised rate of 2.7 percent.
With rgard to the highlighted part, it's about here that I start thinking of
rum because just a few sentences later they say
"The total number of people claiming benefits in all programs for the
week ending March 3 was 7,281,541, a decrease of 142,499 from the
previous week."
Given a workforce of about 153-million, that many unemployed comes out 4.7%
and we all know that
the reported
unemployment number was 8.3% so if you want to work out what all these
numbers really mean,
the press release is over here and have at it.
As a good writing exercise, if you can distill this down to a couple of
sentences, the translation of the statisticalguck would be of genuine
interest.
The fun part - if you're sitting at home without a job - is reading through
government press releases to find out if you're really without a job,
or not. Frankly, there's no telling.
Coping: With Periodic Quake Risks
In Peoplenomics Wednesday, we discussed the possibility of a 188.5
day earthquake cycle as posited by Patrick Geryl (and others). For
example, a reader contributed this:
"Hello George, The earthquake yesterday, the 20th, was two days off the
188 day cycle. The writer of the theory, Lucas, has it specifically on
the 188 day. His data does show that on the 188 day, there will be a
"great" quake. His math seems to be accurate. His Ley lines do not
support the Mexico quake either. Now, he does have a additional time
frame around the 188, that supports other quakes. But, his video
presentation does appear to be specific on time. The history also
supports his theory. Also, the last three 188 day quakes did effect the
planet axis. At what time do we stop calling something a theory?"
With
the 7.4 quake on Tuesday in Oaxaca, wit struck another reader as
mighty-damn interesting that literally - the day of the quake if I am
reading this right - local government held an earthquake drill around the
possibility of a 7.9 shaker.
You can look at the report (machine translated) from El Heraldo de Chiapas
here.
Since this is of broad public concern, here's the data I put up for
Peoplenomics readers on Wednesday about how the 188.5 day outlook
stacks up:
|
Ideal Date |
Event Linkage? |
|
4/3/2013 |
|
|
9/26/2012 |
|
|
3/22/2012 |
Accapulco 7.4 |
|
9/15/2011 |
Fiji 7.3 |
|
3/11/2011 |
Japan, 9.0 |
|
9/3/2010 |
New Zealand, 7.0 |
|
2/27/2010 |
Chile 8.8 |
|
8/22/2009 |
Japan 6.7,Banda Sea 6.9 *cluster |
|
2/15/2009 |
Kuril Islands, 7.4 |
|
8/10/2008 |
Honbshu, 6.9 (7/23) |
|
2/4/2008 |
Chgile 6.3, on 2/8 a 6.9 N. Atlantic |
|
7/30/2007 |
7.2 Vanuatu *(8/1) |
|
1/23/2007 |
Molluca Sea, 7.5 *(1/21) |
|
7/18/2006 |
S. iof Java, 7.7 *(7/17) |
|
1/11/2006 |
S
Sandwich Is. 7.4 (*(1/02) |
|
7/6/2005 |
Indonesia 6.7 *(7/5) 1 mo. Cluster |
|
12/30/2004 |
Banda Aceh 9.1 *(*12/26) |
|
6/24/2004 |
Kamchatka 6.9 *(6/10) |
|
12/19/2003 |
Taiwan 6.8 *(12/10) |
|
6/13/2003 |
Brazil, Amazon 7/1 *6/20 |
|
12/7/2002 |
Kuril Islands, 7.3 *(11/17) |
|
6/1/2002 |
[miss] |
|
11/25/2001 |
[miss] |
|
5/20/2001 |
[miss] |
Note in the data that there seems to be two kinds of events. Large
singular events (with aftershocks, of course) like the 3/11/2011 quake off
Japan while others like the 7/6/2005 date seem to be a cluster. I also
wonder what changed in late 2002?
It would appear - just as a dart toss here - that what we are having now is
a cluster -
with the quake yesterday in New Guinea which was a 6.6.
This all seems to coincide with that long-term increase in large quakes
which we have graphed around here many times, thanks to reader Tony Ring's
generous contributions of USGS database crunching.
No doubt, speaking of such back-of-the-envelope guesstimates will land me in
hot water with geophysical purists who contend that such things are not
predictable, but the data could be interpreted as having a soft to fairly
firm fit and like the one reader asked "At what point do we stop calling
something a theory?"
Then there are
the mysterious noises in Clintonville, Wisconsin, which is just up north of
the New Madrid midsection of America.
Sometimes, in a moment of serious reflection (I had one once) I ask what
would this country be like without the Pacific Northwest, California, or the
Great Lakes?
More Reader's Writes
People are still bristling about our discussion last week of the
fasts-developing "opportunity gap" which is being worked between oldsters
and youngsters (under 35 is young anymore, lol).
In response to the fellow who mentioned how his luxury car was 14-years old
and his house much older, one of the burdened young sent this:
"Dear Mr Ure, Just had to drop a note about your oppressed oldster
friend with the out of date luxury car.
Perhaps he might be interested to know that I started working at 17
and am now 36, working whenever I could find a job. I have ZERO houses
of any age. My highly non-luxury car is 11 years old with over 150K
miles on it. My wife's car, which she bought before we were married, is
about 5 years old. I have ZERO motorcycles of any age. I have ZERO
Chinese scooters of any age. I have ZERO three year old Jeeps. Maybe if
he can't afford gas for his Jeep he could sell off some of the other
stock in his mini auto showroom.
In order to live MY fat lifestyle of owning no houses and supporting
a wife and 18 month old child, I have to work two jobs and commute 40
miles each way. And whether gas be high or low, I have to go anyway or
we'll all be out in the street. "
Further discussion of this should probably be shelved for now, since both
sides have points to make, but we have no way of getting anything done,
since the bankster class holds Washington since their unlimited purchase of
government was approved in the Citizens United case by the US Corporate
Court.
Still, if would be a positive move for young people for congress to
get off their collective butts & wherefores and fix the student loan mess so
that higher education doesn't get a free pass and so students can get the
debt of a many times useless education off their backs, since often they
were relying on government jobs projections which were in some cases wildly
off the mark.
Gee, imagine what kind of country we'd have if higher education had gone
through the same price reductions as people suffered in home values,
huh? Instead, it has been one of the fastest inflating items you can
find and with the shackles-unto-death put on student loan recipients by the
bankster class, it should come as no surprise that young people are pissed
and not making big investments in the future of America.
We've stolen their dreams to fund ours. Were the arbiter of such
things not the Supreme Corps, a reasonable argument could be made that when
a young person coming up doesn't have a chance to vote on past debt
obligations, that constitutes taxation without representation.
But like I said, who's gonna make bank on that kind of logic? Like so
much else in America today, the insanity of it is obvious, and it sure as
hell is the truth, but so what? Can't upset the status quo, now, can
we?
Around the Ranch: Saving on Septic
Repairs

Although at times they get a bad rap, septic tanks are one of the most
interesting devices ever made to hook up to
Mr. Crapper's
finest innovations.
I do, at times, wonder how they work in places like Arizona, where I've
heard reports that some contractors actually pour concrete foundation slabs
over the drain field when the home involved is built on a sandy lot.
Our little adventure started late Tuesday when both toilets decided to flush
extremely slowly. Oh-oh...one toilet could be a simple plugged line
which might have been resolved with a "plumber's friend" (plunger) but two
at once? Bad sign, since we haven't done anything (or even thought
much) about our septic system except to feed it yogurt and Rid-X every so
often.
First thing on the list was to find it - which proved easy since the ground
is almost mud from heavy rains here, still took a good half-hour to poke
here and there - find the line from the house, follow it out, poke around
till the tank is found and then open it up and see what was causing the
problem besides being full since we have never had it pumped.
There are two schools of thought on septic systems (gravity type): One
school holds that you should have the system pumped every year or two in
order to keep things in tip-top shape. The other school, a lot lazier
(and more thrifty) thinks everything should be left alone until trouble is
indicated. I had easily fallen into this latter camp, since it
required no work and saved money.
After pumping, but before buttoning it up, we found two problems.
First was that the record rainfall here in East Texas had simply saturated
the hillside on which we live. Gentle slope and a good installation,
but (was that with one t or two?) with 6.18 inches of rain already this
month, the flip side of Great Texas Drought has arrived.
Consequently, the field lines were self-cleaned by several hundred gallons
of rainwater backwashing the system's drain field. The one other
problem was despite turning off the water to the house, there was still a
flow coming in from the house side of the system.
Well, it turned out, much as expected by the pumping truck driver John,
who's been at this kind of thing for years, that the drought had moved pipes
around and - as was our experience - the ground movement going from
ultra-dry to super-saturated was all it took for one pipe to crack (we have
no idea when) but then along came a tree root from a tree 35-feet away, near
abouts.
Home Handy Bastards Club sharing moment here: John the Septic Whiz
tells me you don't glue the long sections of PVC: They go together all
the way, but if you glue them, due to ground movement - caused by heating,
cooling, wet, dry and whatever else ground does in slow enough motion not to
be noticed - the piping will break. So the only places where glue is
used is on angle fittings. Good stuff to know...

Nearby, Zeus and Pusscilla were doing their dead-level best to play the role
of inspectors while Panama did most of the work and I did a little this,
that, and the other thing. Like writing the pumping check.
Elaine now has her honorary septic system helper's ticket, knowing the
difference between Schedule 20 and Schedule 40 pipe and where is lives
at the local Lowes. Four hours of messing about in the front yard, followed
by lots of bleach (tools, boots) and a shower later, life was returning to
normal. A final pump this morning and back filling, likely a half-hour task
with the tractor.
People don't think much about plumbing day-to-day. It's something
folks take for granted - until it stops working. When that happens,
things get interesting quickly. Very small repairs like replacing a
broken fitting, can be owner-installed, most places, go beyond that, however
and you're into system modification (moving pipe, drain fields, and so
forth) which starts a cascade into permits, red tape, and a lot of money.
I took the opportunity to research complete system replacement and turns out
it wasn't as bad as I thought it would be: A system for a
three-bedroom home can be done (parts and permits included) in this part of
the country for $5- thousand to $6-thousand dollars. That's for a
gravity system which means your soil has to pass a "perc test" (ours does)
otherwise, the price of systems quickly run up into the low 5-digit range.
These so-called aerobic treatment systems do a very complete job of cooking
their contents leaving reasonably treated water which can be sprayed on
lawns and so forth. Still, no matter how well treated the effluent off
these systems is, it still smells like....
Despite their "build-em-anywhere" capabilities, another reason we aren't too
fond on these higher tech designs is that they all rely on electricity for
the pumping of treated waste. Without the pumps, most of these type
systems fill and can potentially fail when the power goes.
This morning, John the pump truck driver will be back to haul off the rest
of the drain field backflow from the rain and we will button the system up,
still no closer to the absolute best-case answer to the question "Pump
regularly, or wait till it breaks?" Near as we can figure (from the
rain-driven backflow) the field lines are in great shape and with a
cracked fitting repaired (and a couple of roots cut back) ought to be good
for another 9-year stretch.
In an earlier time, I might have put a baggy of copper sulphate on the root
to discourage the tree. I don't think you can even buy the stuff
anymore without getting authorities interested. have to admit it did
cross my mind. Maybe some ammonium would work...
And if we ever build another house on the property, or if you do something
extravagant like that, our research discovered that for a 2,000 square foot
house, a gravity system would pencil out in the $2.50 to $3.00 per square
foot of building costs while an aerobic treatment system will push that up
to $5.00-$7.00 per square foot of building...good numbers to have in mind if
you ever work up plans for a dream house and start pushing "What if?"
numbers around.
And, if your dreams are as detailed as to be outlined in MS Project, figure
a minimum of 2-weeks in your timeline for paperwork and permitting in
reasonably-governed areas, but as much as a three or four of months in
runaway bureaucracy areas. Interesting crap to know and not often
discussed in the prepper community.
Wednesday March 21, 2012
The Wednesday Reader Brief
Odds of another major earthquake (we'd be talking 7+ on the Richter scale)
are high through at least Friday because this morning in our Peoplenomics
report we as a very interesting question based on the Mexico quake
yesterday:
Did
a "Planet X" Arrive in 2002?
This morning we discuss (in non-mathematical terms, but while looking at
charts) what kind of declining response governments around the world are
getting from their various prop-up efforts to keep the paper market afloat,
while moves continue trying to stampede people (as in Sweden) into the
cashless society. But, before we put on the lab coats and wander into
the "clean room" of data, the dirty old headlines demand some attention
first, especially that 188-189 day cycle of major earthquakes. Did
something happen in 2002?
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Unfortunately, there is a case to be made - with earthquake data that this
might be the case.
Elsewhere this morning, we are pleased with response to our latest over at
www.strategic-living.com where
we wonder ahead of the fresh-water fishing season
whether it's really reasonable to call fishing a survival skill.
My friend Gaye is concerned about the "Rising
Tsunami of the Police State" (and a couple of fresh examples in
Peoplenomics this morning, too...
Earthquake Update
The discussion we were having earlier this week involving
Patrick Geryl's work on a 188-189 day earthquake cycle has become
alarmingly accurate with the quake in Mexic this afternoon. First
reports have the magnitude at 7.9 revised down to in the vicinity of
Acapulco.

Maps and more here...
Main thing about this quake is it would seem to increase the odds of a major
quake in the California to BC (northern Vancouver Island area) since we have
seen megaquakes in Chile, Japan, now Mexico, and lest we forget the 2004
Banda Aceh quake which killed 300,000. So if the Pacific Northwest
being readied for a good-sized smack down the road? We will await
developments, although admittedly a bit more nervously now.
An Election Day Oddity
Well, sort of. Although the page is gone now, a reader in Chicago says
a local network affil web site had a page up with results already on it.
Of course, if Rick Santorum gets 32% and 987,453 votes in Illinois today to
Romney's 29% and 919,993, then we would expect rioting in the streets
tomorrow but of course that won't happen. (gulp...)
Aw, come on...I'm sure they were just testing the page layout with dummy
data...we're just sure of it....err....right? If Newt Gagrich gets
28%? 876,937? I might be out there myself...
On a more conventional stance,
it's a "must win" state for Romney. Yada, yada, yada.
China Coup?
We're skeptical.....(think Kony here)...but...There's a story getting
traction out of Beijing that
goes to the idea of trouble in the upper ranks of Chinese government
including rumors of a coup.
----
While we haven't yet polled our China experts on the matter (too early for
that) there was a 1
percent drop in Chinese markets overnight, but playing follow-the-money
may not be too useful, since the US market is likely to open down a hundred,
or so in the early going, because, as we suggested in Monday's headline,
we're about due for a kind of global "pause that refreshes."
Still, if China sneezes, the world gets a cold -
most of Europe is down 1% -0 or more - and no revolution rumors
floating around there.
Housing Data
Newest out this morning from Census:
The U.S. Census Bureau and the Department of Housing and Urban
Development jointly announced the following
new
residential construction statistics for February 2012:
BUILDING PERMITS
Privately-owned housing units authorized by building permits in February
were at a seasonally adjusted annual rate of 717,000. This is 5.1
percent (±1.2%) above the revised January rate of 682,000 and is 34.3
percent (±3.1%) above the February 2011 estimate of 534,000.
Single-family authorizations in February were at a rate of 472,000; this
is 4.9 percent (±1.2%) above the revised January figure of 450,000.
Authorizations of units in buildings with five units or more were at a
rate of 219,000 in February.
HOUSING STARTS
Privately-owned housing starts in February were at a seasonally adjusted
annual rate of 698,000. This is 1.1 percent (±15.9%)* below the revised
January estimate of 706,000, but is 34.7 percent (±16.7%) above the
February 2011 rate of 518,000. Single-family housing starts in February
were at a rate of 457,000; this is 9.9 percent (±11.4%)* below the
revised January figure of 507,000. The February rate for units in
buildings with five units or more was 233,000. HOUSING
COMPLETIONS
Privately-owned housing completions in February were at a seasonally
adjusted annual rate of 568,000. This is 6.2 percent (±15.8%)* above the
revised January estimate of 535,000, but is 7.0 percent (±14.1%)* below
the February 2011 rate of 611,000. Single-family housing completions in
February were at a rate of 421,000; this is 8.2 percent (±18.9%)* above
the revised January rate of 389,000. The February rate for units in
buildings with five units or more was 144,000.
And they pick up their hammers and saw...
Port Data
Looking at how things are going on West Coast docks - the real place where
imports and exports go down...
What does it all mean? Well, just a "fer-instance" here: If you
were thinking about buying a new flat-screen, monitors, computer gear, or
whatever, might pull the trigger on that soon since typically when traffic
inbound falls, supplies tighten up and yep...prices go up with that.
March to War
We can't help but notice that Iraq is turning into a hell-hole here lately
with the Washington Post reporting
eight attacks which have killed 46 (and counting) ahead of an Arab summit.
I'm having a hard time with people saying "we won" something there. I
mean oil concessions aside.
\---
Syria is getting nastier with rebels, who are
reported in something of a strategic retreat.
Cashing In Sweden
Here's one that oughta make credit card issuers and banksters jump for joy:
Sweden is moving towards a cashless society. Of course, so are we,
but that doesn't seem to make headlines.
---
My main bitch with the cashless world is that then government holds all the
cards, and the people have nothing. That's a crooked deal if there
ever was one, since government and the people ruled seem to work best when
there's a sensible balance. Take away a man's money, and for the most
part, you've got his freedom, too.
Weathering Spring
Good cold front coming through our area with tons of lightning in East Texas
- and heavy rains overnight. Elsewhere, the National Weather Service
posted this warning earlier and this will likely move on
east to Akysaw
and maybe into the ArkLaTex as the day moves on...
Coping: With Incomplete Thoughts
Some mornings (5 AM comes pretty early) when I write my columns, I am guilty
of incomplete thoughts. Which wouldn't be a crime in itself, except
that people who I haven't explained what page I'm on at the moment sometimes
get miffed (and in some cases pissed) about my choice of words here and
there.
For example, two readers of yesterday's column sent in the following which
deserve to be discussed, so you can at least understand where I was at the
time I was writing. The gentler one first, so we can sort of work into
what turns out to be a Bad George! report:
"oldsters...fat lifestyles"? Isn't that just a little bit of subliminal
positioning in the intergenerational war that's being pushed as part of
TPTB divide & conquer strategy? Shame on you.
The second one on point was this:
"I'm an oldster, still working for at&t. In the last 12 years they have
surplussed thousands,,, many more thousands have retired. Out of all
this I myself can only recall one (1) positioned being refilled. These
Amerikan companies are not rehiring their layed off or retired so IT
DOESN'T MATTER HOW LONG WE OLDSTERS WORK!
My home is 50 years old. My luxury car is 14 years old. Two motorcycles,
one is 14 years old and the other is 31 years old and a 6 year old
Chinese scooter. I have a 3 year old Jeep I rarely drive because I
cannot afford today's gas. That's a fat lifestyle?
Now if you want to talk about CEO's, Government officials and or
workers,,, owners of Porsche's and/or Airplanes as living a fat
lifestyle then have at it. But to group all oldsters as living a "FAT"
lifestyle is over the top and just journalistic BS not to mention trying
to stir that old generational distrust.
You KNOW who is to blame and why. Long ago you actually wrote about
it,,,,,,,, remember? So why all the BS
Your worried about the young not having jobs!! You should be worried
about them just surviving the womb and soon they'll be killing them at
1-3 years old. Then if they make that cut they'll be drugged to ensure
their obedience.
Compare that to oldsters staying in the workforce a little longer. Since
our nation seems to be welcoming the new fascism with open arms,
checkout the Nazis solution for their oldsters... And remember,,, both
of us are closing in on that useless eater stage as we speak."
Actually, yes, it is a fat lifestyle compared to what today's young
people are facing, and maybe it's because the National Bank of Dad is making
education loans again, or maybe it's because last week's Peoplenomics report
got into some of the unemployment factors facing the young, or maybe it's
because I've been researching the modern analog to the Civilian Conservation
Corps - because that's the topic of this coming weekend's Peoplenomics
report, but at the moment I am highly sensitive to three very critical items
facing our nation because they will make or break American in the
next 20-years.
Just like the first Depression (are following World War) "paid it forward"
so that from 1954 to about 1970, this country experienced a marvelous time
of growth, recreation, and good (e.g. small) government. We are now
only at the beginning of the Second Depression which is happening before
our eyes, but has been spaced out over time, so we don't notice it as much.
But the facts are still facts.
-
On an inflation-adjusted basis, the stock market has never been higher
than it was in the opening months of 2000. Outsourcing/jobjacking
has killed the jobs market.
-
Since then, we have have not one, but now two stock market
downturns including the 2001-2003 lows and the 2008-2009 lows.
-
We have has similar misery in foreclosures to the 1930's, except the
government and banks have papered it over - somewhat - but real estate
is not in a position yet to recover and may not be for years.
Worst of all, however, is that America's young have been put into a
dead-end, "got nothing to lose" box thanks to the greedy banksters who
managed to exempt student loans from the normal processes of bankruptcy
which seem to discharge all other debts.
The major difference, therefore, between THIS depression and the 1930's
event was that in the 1930's it was still possible to float slogans like "Good
Times are Just Ahead..." and not have you people laughing their asses
off at the idea. They picked up and got on with things.
You know why? Because in those times, once bankruptcy was done, a
person got back to a free - ground state autonomous human level - and could
with a little gumption and a lot of hard work - start over again. Not these
days - and it's very bad for the future of America, as I see it.
Voters don't seem to recognize that:
-
Young people are locked into LIFETIME DEBT which cannot be discharged
through bankruptcy.
-
Because they have been maneuvered into this position, they are getting
angry - and at some level, government knows this, and yes, that's
probably
why the NSA is building the largest-ever snoop spot out in Utah,
because the people in Washington recognize at some level that they will
need to monitor their own citizenry more closely. Only this time,
they won't have to build in England or Australia and hire foreign
nationals (who are not barred by law) from snooping on
American-to-American chit-chat because the real significance of the Utah
NSA snoop-plant is not that we're turning into a police state, it's that
we have enacted unjust policies of the sort which have led to
revolutions in the past. Government fears something - and
maybe with good reason.
-
As in any revolution, someone is going to be made the scapegoats, and if
you listen to the Occupy groups,
particularly the Occupy Student Debt followers, particularly if you
go read the story there about "White Collar Robbery" the fat and
the bankster class are in their sights, like it or not.
The fix we are in as a country is really, really simple: Our standard
of living is declining in order to expand the wealth of the super-rich via
the policies of their bankster-lackeys, who in turn have a financial choke
collar on the legislative arm called Congress, which once-upon-a-time did
the right thing. The evolution toward police state/corporate debt
serfdom, is already clear to see. And building more "security state"
apparatus (in places like Utah) makes sense because it keeps money flowing -
into the same old hands.
So when I sometimes write about "grays" (including us) who are "fat" it's as
much to remind me that our lifestyle isn't done declining yet, as it is to
state a reality that most people aren't comfortable with: If your
lifestyle is as good, or better, than it was in 2000, you're probably in
"the fat" and if we as a nation don't actively do something to relieve young
people of the non-dischargeable debt slavery the banksters have cast over
the young which has stolen from them the American Dream, then we're still
living in the Big House on the plantation while turning the next generation
into field hands - at best.
I'll try not to use the word "fat" in this context in the future since folks
seem to get a wee bit riled up over it. How about "The
Yet-To-Be-Dispossessed"?
---
I'm in that category, to be sure and freely admit it. We see what's
coming clear as day. Yes, I once owned a 19 year old Porsche; that was a
short-term "dream" - gone in less than 2-years. And the airplane
(another dream) is 46-years old and cost (even with improvements) less than
a new Kia and gets about the same mileage point to point. Did I
mention we live in a mobile home which folks up north would call a trailer?
---
There isn't a day that goes by that I don't ask myself about 5 AM "How
can I create value today and help fix the future?" I apologize if
I sometimes skip over the details and don't adequately put thoughts into
words in the process. We're part of the fat, too, I suppose, but we're
offloading quickly to the kids and my son - who now has his medical and
student pilot ticket - still had enough go-gettum and gumption to think a
commercial pilot ticket (or air transport ticket) might hold future value.
The old plane isn't entirely about me, it too, is about family and
burning a little fat.
Useful Quote
Nightingale-Conant - the motivational tape outfit - sends out notes every so
often on what they have as special offers, but the best part of the emails
is it begins every time with a notivational quote. Today's what pretty
good:
"Intellectual growth should commence at birth and cease only at death."
~Albert Einstein
Problem is that intellectual growth in finance usually comes after some good
deal of money has been spent. With all the government regulations and
crap, maybe we need a "spending license."
Reader's Writes
Good thinking here:
Hi George, An attorney in California,
James Otto, has
been researching job losses in the US and has come up with something
I’ve never seen covered in the MSM or on Urban Survival – the fact that
our major corporations have been systematically replacing American with
foreign workers, that they’ve been using “Visas (H-1b, L-1, O-1 and TN)
… to replace competent U.S. workers ….” The Visa programs allow Congress
to give all this a veneer of legality, but what they’ve been doing is
really illegal. As Otto’s home page article says, “The true scale of the
harm is visible by understanding that in the past 20 years approximately
6,000,000 U.S. workers have been forced out of their careers and put on
public welfare so that employers could replace them with foreigners. The
U.S. taxpayer has picked up the tab to support [them].” I heard Otto
interviewed on Deanna Spingola’s RBN radio show several weeks ago. At
first, I thought his was a story I’d heard before. By the end, I
concluded that Otto’s analysis goes beyond anything I’ve seen elsewhere.
Most of us have focused on “the illegals,” mostly Mexicans and other
Latinos taking marginal and low-paying jobs. Otto is pointing to legal
immigrants imported to take jobs Americans had been using to support
middle class families. One of Otto’s main points was that he cannot get
his analysis anywhere on MSM, not FOX, not anywhere. Anyway, I’ve been
visiting Urban Survival daily since 2002 or early 2003. US, Zero Hedge,
and Google the only buttons on my Favorites Bar – and yes, I’m a
subscriber.
I think I've mentioned Otto before, but his December post on how jobs
haven't really disappeared, they've just be relocated toi places like
India and China is definitely worth a read.
And you're right, I haven't ragged on the H1-b visas for a while -
like this note from Feb.
2011:
The causes of the Second Depression we’re now
entering are three-fold.
-
The internet facilitated a virtual invasion
of America which no one talks about,
except….oh…you and me and we don’t count for
squat.
-
Imagine, if you will what would happen if
25-million Indians applied for H1B visas?
Why, the RRRR (rabid right radio ranters)
would bo berserk. But did they say “OMG –
We’re being virtually invaded by cheap
labor! Not a frigging word. They got
paychecks to defend.
-
Thanks to zero-cost labor, what was once
“valuable human capital” – some of us still
have memories of a well-trained workforce –
that has disappeared from corporate
bookkeeping. Everyone’s disposable…me
included. You included. Toss in consumer
supersaturation as a bonus.
-
There is no
purchasing-power-parity adjustment on a
country-by-country basis due to
business-crafted anti-work/anti-human
legislation embodied in documents like the
General Agreement on Tariffs and Trade which
institutionalized the “old paradigm” in 1949
and then handed off “paradigm preservation
to the World Trade Organization in 1995.
Labor of participating countries had
virtually no voice in the process whereas
the corporate-government types had wide
voice. What’s worse, when president Obama
took 200+ top US businessmen to India last
year, the clear objective was to bring in
even more least-cost labor into the
equation…
Doesn't seem like it needs too much revision here a year and some months
later, does it? I'll try to mention the H1-b scamming of US companies
who are looking to undercut local labor, as well as efforts to bring in
illegal immigrants and make 'em legal - so as to further sink average
incomes and drop America father down than we've already sunk.
WuJo, Luck, and Hustle
We should end this morning with this:
Morning George,
After reading today's "The rest of the story", about the recluse
neighbor with the twin boys, I'm writing this because my experience
doesn't have any "mentally quieting" and common sense ending.......I've
been a reader for a long while, a Peoplemomics subscriber for a little
while, and I'm the guy that wouldn't subscribe until you got PayPal....
;>) I'm a retired public school principal and my wife is a retired
elementary teacher to give you a quick reference background about our 30
years in dealing with people.
My Wujo started two years ago next month, on a first time event to
become a vendor at the local monthly flea market. The real reason is I
wanted a solar panel array. To fund such a project of this cost, I had
been gathering collectibles, tools, and chainsaws from local garage
sales. After spending March refurbishing seven chainsaws, I knew I could
get more for them at the flea market than at our own garage sale. So
building 4'x8' sideboards on a two wheel trailer, stuffing the trailer
with solar fundraiser inventory, we left the house about 6:30 that
Friday morning, for the 8 mile drive into town and a good spot at the
flea market. [I like this guy's style - g]
As I pulled out of the driveway, I left my wife in her white
Oldsmobile also filled with glassware and collectibles, to use her
garage door closer and follow me. Now, I'm a bit stressed as I've never
done this before, and the trailer tires haven't been on the highway in
two years.... As I steadily head down the road, I noticed she never came
into site. Traffic is light going West bound as the East bound heavy
traffic is leaving the community for Metroplex jobs. I'm in a "seats
down) loaded RED Expedition and pulling a well loaded two-wheel trailer
covered in reflective SILVER tarp. Nonetheless, with more stress of
embarrassment due to appearing like the opening of a "Beverly Hills
Hillbillies" rerun, I kept going. Coming into town from the East side,
there were five stoplights ( they've added one more since). I had to
stop at just one, but I'm still not seeing her car in by side-view
mirrors. Nearing the city limits, I move to the left lane. At the fifth
and final stoplight, is a new in-town traffic loop that's been opened
which makes getting to the flea market an easy thing. There, just
ahead..... in the left turn lane to the loop sits my wife in her white
Oldsmobile. Combined with the stress of pulling an old trailer,
expecting an unknown experience as a flea market vendor, the view of her
car sitting in the left turn lane, two cars AHEAD OF ME, made my head
seem to spin trying to process what I'm seeing.
As we pull into the flea market grounds and park in front of our
vendor space, I get out and ask her, "How in the Hell did you get ahead
of me?" She says she doesn't know as I tell her I never saw her pass me,
either!! I ask her a repeated set of questions, "Didn't you see me?
Where did you pass me?" She keeps saying the same answers, "I never saw
you and I never passed you on the highway." To this day, there hasn't
been any calming or common sense answer for that jump in time....but
this "event" has caused me to rethink how the world clicks and tics...
As I said, the reason this experience to ever happen was because of
my quest for solar electric power. So, as months pass and we have had
several garage sales of our own in 2010 and 2011, to the tune of selling
between $1,500 to $3,000 over two days, I've paid cash as I go in
purchasing the panels and equipment. With all the undertow and pressure
of a crashing economy, and I'm seeing that I'm not getting there fast
enough!! So, being a metal detectorist and watching precious metals
climb, I also started checking out the jewelry at the weekly garage
sales. George, you would be surprised at what is sold as "Costume
Jewelry" in plastic baggies. I find 10 times the amount of jewelry at
garage sales as I do in the long hours and says of metal detecting!!
During the same timeframe of 23 months, beginning with finding a 14kt
white gold ring among Sterling and Costume Jewelry, I collected and sent
to a Dallas precious metal's refinery, three shipments of garage sale
silver finds. My first batch, I had less than $250.00 in costs, but got
back a check for $2,003.00!!!! As you know, a single solar power
inverter is almost $2,000.
The "Luck" part of this story comes after having the experience the
flea market time rift event. It opened my mind to other possible events,
and I remembered the old TV show "The Amazing Kreskin". So, as I'm out
buying and bargaining with the weekly ever-changing garage sale
homeowners, I begin to "Think" of the price I want to pay for the
collectibles and jewelry I find. I have learned that if the person has
his/her mind made up about the price, I can't change it.... BUT, if they
are at a "Tipping Point", I can influence their decision. I'm doing this
on a weekly basis with between a 75% and 90% success rate!!! Last
weekend for instance, I just pictured a number in my head or a term
"Lower than..($1 or $8) said over and over in my mind and came home with
baggies and a box of jewelry containing two 14kt gold lady's watches and
over 60 grams of Sterling. The KEY is that the seller has to pause to
make a decision. It is at that "Tipping Point" that I have my success.
Once, I was at a sale inside of an attached garage. The seller was
the length of the garage away from me when I asked about them, and I was
able to buy two old brass-bladed black desk fans for the "$20 each" term
I mentally kept repeating. The next day, we went back, and the seller
recognized me and said, "I sold those fans too cheap, didn't I?" Now,
there are some garage sales that the sellers appear to need every penny
they can make, and I don't/can't use this process because it just
doesn't feel right. The same moral values and the same "tipping point"
applies to buyers attending our own garage sales. For the dealers and
general buyers, if they ask for a lower price, and it's seems too low
where I have to come back with a verbal money figure, I'll picture the
amount in my mind, repeating it over and over until the buyer makes a
decision...
To end this "Before and After" story, and help underscore the
benefits of having an open mind, I submit the old saying "The Proof is
in the Pudding". It is still working. Even after selling three shipments
of my gold and silver garage-sale finds, I still have, as roughly
measured by grocery store scales, just over five pounds of silver
jewelry left over, and also with many Pennyweights in a mix of karat
grade levels of gold. Plus in these last 23 months, to the tune of
$14,500, from our own garage sale profits and precious metals' sales, to
pay cash for all my solar equipment and materials. Then, along the way,
when I've seen sales I've cash-purchased two Outback brand GVFX-3524
inverters & two FM-80 controllers, eight L-16 six volt batters.and a
forty-two panel assortment Kyocera and Kaneka solar panels, and garage
sale buys of No. 6 up to larger No. 4/0 copper wire. My solar array
ground mount will be made of 2x2 and 3x3 tubing and system should be
operational by June.
I hope this has added to your data base, and that you'll share more
of your own and your reader's experiences of "Wujo" and "Luck" .
Great minds think alike! We have two of the Outback 2524's and two
FM-60's...and 16 golf cart batteries. But a way cool story of wujo,
luck and hustle...something to learn for everyone in this man's report which
we're pleased to be able to share.\
Monday March 19, 2012
Time for a Global Pause?
First thing out of the chute this morning is a look at some of the markets
around the world where we seem to have hit a bit of turbulence on the yellow
brick road, since last week was marked by the euphoria of Triple Witching
and was the week when the Greek non-event was going to start squaring up.
A check of the Hang
Seng shows a drop of almost one percent overnight, more than than a one
percent drop was noted in India, while
Europe (very early)
was down about half a percent among the big players.
---
All of which leaves participants in the markets (those willing, and those
not, e.g. pension fund participant) in a really difficult spot.
Professional money-managers like Robin Landry, however much they see the
bearish (downside) case, are now in a position of trying to discern whether
this is where the bottom falls out, or, as is defined by the alternative
Elliott Wave count, moves higher from here.
Near as I can recall. Elliott Wave guru Bob Prechter had also been eyeing
the potential for a disastrous fall from recent heights, but like all good
money managers, he had a target (called a "stop") beyond which it would be
prudent to be prudent - no matter what the technical case - to abandon
downside/bearish bets and return to the sidelines (or go long/bullish) no
matter how distasteful.
I don't care who the market player is, they all win some and lose some - the
idea being to have bigger winners than losers over time; it's just how
things work. Prechter's rumored stop level (1,399 on the S&P 500
Index) was taken out by Friday's close of 1,404.17, but what was significant
is that it did so on very, very thin volume.
----
I won't talk your ears off about the implications of "thin volume" except to
note that on balance volume, pioneered by Woods and Vignolia as "cumulative
volume" and later changed up as on-balance volume by Joe Granville, holds to
the idea that even if the number of points an index goes up is the same,
there's a major additional inference to come from looking at volume/how many
shares are traded.
In other words, if the Dow goes up 50 points and the volume was only
500-million shares, it is much less significant than a market day where the
Dow goes up the same 50 points, but there are 2.5 billion shares
involved in the upward move.
The point being that the market has been going up in recent weeks, but the
volume has been thin (some would say pathetic) and so we come this week to
another nexus of news events where we shall see what we shall see.
But it could be time for the markets to take some time off from the Bull Run
to either consolidate, or collapse, because since 2008 the problems of
the world haven't changed:
-
Automation is still reducing jobs.
-
Consumer super-saturation still means initial product hype has generally
run out and after a roaring period of stocking new products, we're now
in "sell-through" which is far weaker than new product pipeline fill.
-
Young people (as we discussed in Peoplenomics this weekend) are
therefore suffering higher levels of unemployment and oldsters are
hanging on to their fat lifestyles and jobs, which causes a roadblock at
the top of the social heap.
To be sure, times have changed a bit, but mostly it has been moving around
of paper with the usual suspects making it out the side doors with their
pockets stuffed while foreclosures drone on. Pick up the paper
(like this one) and you're likely to find a long list of foreclosures on
an almost daily basis.
(figures in thousands)

As can be seen in this Labor Department report, despite real growth in the
US's population, the number of people work as of the February employment
report is 369-thousand less than it was in August of 2005. Given a
293.936 million US
population in 2006 and and a
current population of 313.209 million we can see where we've gone from
49.43% of citizens working then to 45.36% working now.
It doesn't take a "rocket surgeon" to figure "Gee, something's not right
here..." It's possible down on Wall Street, while the phat cats are counting
up their loot (much of it made off pension funds), someone might want to
think long and hard about the demographic implications of falling employment
and rising population, since as we pointed out last week, when we back out
the intergovernmental holdings (check-kiting) scheme in how the Federal debt
is calculated, Spain looks like the pinnacle of conservative finance in
comparison.
They only difference being, they were the global policemen (and globalistas)
of the 1500's.
Police State - Or Messaging System?
A tremendous amount of buzz on the internet this weekend has centered around
the Executive Order issued by president Obama after the markets closed
Friday and when the "news cycle" for the PM shows was "in the can."
Even my friend Gaye over at
www.backdoorsurvival.com has an article about the "Rising
Tsunami of the Police State" which is definitely worth the time to
read... Then there's the WorldNetDaily headline on topic: "Executive
Order Panic: Martial Law in U.S.?"
Except this thought crops up: I have to wonder how much of
the EO National Defense Resources Preparedness" is aimed at stifling
internal dissent, and how much of it is real contingency planning and
a real message to a couple of international player - Russia and
China?
There are a couple of ways to read it, of course: One way would be the
"OMG here is the police state..." way. I'm not discounting that
completely, mind you, but I am suggesting that the administration maybe -
just maybe - has realized that we've been through so much job-jacking and
outsourcing here in the past 20-years that should we get into a serious
conflict of some kind, how would we deal with it?
Seems to me - if I were president - I'd take the heat from people worried
about a\ creeping police state if it would send a message to interlopers
like China and Russia who have gained tremendous traction in the Middle East
and Africa, that we are not going to quit being the world's policeman any
time soon. Nor would the dollar go without a fight.
The economic fact of the matter is that a global move away from the US
dollar right now would be devastating - and while it would make precious
metals holders deliriously happy, we seem to recall that in similar economic
depression circumstances, which also led to a world war, both
gold and silver ownership was outlawed.
So whilst this is all over the place as "Police State Tactics!" a more
measured read is that the administration knows that China's latest five year
plan wraps up in 2015 and by 2020 they may have a suitably large middle
class to consider serious adventurism outside of their immediate sphere of
influence and we need fall-back manufacturing if we're to resist the
economic pressures which will be brought to bear.
I don't suppose I need to point out the Kony video's release was temporally
in the same ballpark? A reason to beef up AFRICOM in order to maintain
for the US access to present and future central African mineral resources,
and how China's current "Rare-Earth
Power-Play" may have had much more to do with the contingency planning
order than strictly a polishing of the jackboots.
Although that can't be entirely ruled out....we note that in a
solid-state/nanotech world, rare earths are equal in importance to oil and
raw firepower.
'Tater Watch
The
British-born wife of Syria's president says SHE is the real dictator
in that country. Bet that's not gonna play well with some...
---
Vlad Putin's, figures this BusinessWeek story,
has a little
problem on his hands: Regardless of how he snatched the presidency,
there's now the matter of how to make good on wide-ranging economic promises...
---
Speaking of that
China messaging theory of mine, you did notice how Chinese imports of
foreign-made arms are dropping as their internal production capacity is
coming on line?
The Weak Ahead
Futures were off only about 20 Dow points when I looked, so no big rout, at
least at the open. Tomorrow we get some housing start numbers,
clothespin ready for the nose on that..
About the only biggie is the Leading Economic Indicators (LEI) which always
makes me smile, it's a fine little anagram.
Tomorrow morning, I will run through some of the Port reports off the West
Coast which is as good an economic barometer as any.
(I've been a good boy not throwing rocks at
Boeing for moving some tail assembly work to Italy and Utah instead of
keeping the jobs in the Pacific Northwest. WFT? I understand
some of the work going to Utah, since Romney won in Puerto Rico and they
would hedge their ExIm Bank use, but ITALY? My God, what are these
people thinking? Can't they spell jobjack? )
Laggardly Neutrinos Dept.
I assume you have been watching the science debate on whether neutrinos
actually move faster than light?
New
results say they don't.
Which, of course, leaves us with a perplexing problem of how all that new
"entanglement at a distance" crypto gear works, but maybe the real advances
in science are being dribbled out to the masses/plebes piecemeal-like so as
not to upset the economic apple cart...
Think about what DARPA has been using as a keyword internally for several
years: disruptive
[manufacturing] technologies.
Even if we could roll out anti-gravity machines and molecular level
replicators tomorrow morning down at the big box store, can't you see how
that would crash the world's economy? Might be great for humans, but
with a collapsed/disrupted economy, who's gonna be the police and fire
departments?
Solar Storm Watch
As we mentioned last week, a note from 2012 researcher
Patrick Geryl
(web site) has come up with the interesting possibility of a major solar
flare (X-class) over the next few days. The
Solar System Scope I referenced
last week may not have shown up in some browsers, for here it is again.
Now, on to Patrick's latest email explains more about what could be ahead...
Hi George,
In the months prior to the findings from dcsymbols... i was looking
for triple line ups.... And they also are important in the theory of
dcsymbols...
At first dcsymbols didn’t want his name mentioned because of the
relation with the doomsday... So i had to act fast... I am glad he
turned around...
Anyway he has found the basic thing... but he overlooked several
important ones like: Triple Line Ups... They deliver the ‘Strength’ I
was looking for that because they happen at the end of 2012...
And they happened also at the March 5-7 events... But now there is
only 1 triple... However on April 22... There are 3!
Strength Sunstorms
1. At the end of 2012 there are 3 line ups which gives the ‘Strength’
to the solar eruption
-
15-17 December: Neptunus-Mars-Venus
-
18-19 December: Saturnus-Venus-Mercury
-
20-21 december:
Jupiter-Earth- Venus
Why whas the flare so strong on March 7?
2 Triple line ups in the preceding days!
- Earth-Mercury-Uranus
- and Venus-Earth-Saturnus
March 19-21
Only 1 on the day itself!
April 22
3 Triple line ups!
So this one should be very strong..! Hope that clarifies
more...
- Patrick"
Sure does...now we need only sit back and see how the Sun delivers on
this...noting that the line-up are sure reminiscent of
James McCanney's work on the
solar activity/earth weather connection, as well.
Regardless, the idea of a 189-day earthquake cycle isn't particularly
appealing since it could portend a 9.0 quake this week...
Coping @ the Wujo: Science Was Winning
Every so often, the left brain come up with a major win. Remember the
case we reported on last week in the WuJo section about the fellow drinking
his tea only to see the same neighbor come home - twice - without
having left in-between?
I suggested that there was likely a hidden variable such as a brother
involved and this morning, our tea-drinker reports "Mystery Solved!"
"George,
If you will recall I had an odd happening a few mornings ago regarding
my neighbor reappearing in a place he'd been a few minutes earlier. I
finally took the time and went over to actually meet and talk with that
"recluse" neighbor. Funny how a simply neighborly chat can clear up the
most oddball mysteries!
The neighbor is not really all that much of a recluse - he's a very hard
worker. Puts in long hours and travels a lot (why we don't see him
around much). As for what I saw - he has a pair of twin boys in their
very early 20s that are identical twins and look very much like him. I'd
never seen them before because they've been attending college on the
east coast since the parents moved here.
On the morning in question the brothers were awake long before dawn
because of the time difference between EDT and MDT. They were aware of
the great photos that can be had of the mountains as the sun rises, so a
few minutes before dawn they started to walk out the front door to walk
over to a pond where they could catch the mountains reflect in the water
at sunrise.
As one brother opened the door, their mom's little dog scooted out and
up the street. The brothers each grabbed a leash and too off after the
dog. A block away they split up in case the dog decided to head off onto
a joining street. One brother caught up with the dog, leashed him and
walked home. The other (since he was a block away from the now captured
dog) circled back to his parent's street and followed the other home - a
few minutes behind.
The pair grew up suffering the indignation of a mom that dressed them
identically, and that seems to have stuck with them - they tend to have
a very similar taste in clothing. As a result, they bought matching
black trench coats while at school.
Mystery solved. A pair of twin brothers with similar tastes in clothing
chasing mom's dog. You called this one correctly!"
Unfortunately, we keep getting WuJo reports which don't fit to "neat & nice"
into the solution set. Take this one, for example:
"my name is [redacted for privacy") i've
read clif for only a year now
and have been reading your page for mere months, but after reading your
wujo reader accounts i think i may have something not sure if this
counts... but what of " false memories"?
i have several from when i was a child, one involving a scenario in
which if i told anyone i would "cease to exist and wander the earth as
if i were not there"
this memory goes back to age (at least) 4. my sister is 3 yrs younger
and remember her being there and jumping on the bed so she had mobility.
anyway my mother told me that there was an entrance to hell in my
grandparents closet.
i asked ALOT of questions about it after she told me about her
experience finding it. like "why were you in the closet? were you
playing hide and seek? she told me it was dark down there so i asked why
she didnt bring a flashlight (the batteries wouldnt work) a candle??
(the wind would blow it out) the devil asked for her first born
daughter. me at 4?. i kept this secret till i was 12 and i had the nerve
to ask her about it and she laughed and said " no of course not!" like i
was crazy!
i wonder if that was real in a certain reality or...an imaginative
dream? ive felt some suppression since then but that could either be a
personal problem or something that actually existed at the time then
just didnt? who knows? could be the same thing right? btw as far as i
know i still exist...
I love this kind of WuJo puzzle because there are so many angles to
it, and steps the research can take. And I think a surprising number
of people have these childhood memories of entrances to the underworld being
either in a forbidden closet, or as was my own case, around the back of my
father's darkroom, which was built under the stairs to the basement. I
recall a particularly vivid dream where I went around the corner of the
darkroom, only to find that a further stairwell had opened into some kind of
subterranean realm...
Much later in life, I got that all sorted out as a kind of awareness
"negotiating" that takes place between aspects of personality. Ed
Steinbrecher, in his book The Inner Guide Meditation: A Spiritual Technology for the 21st Century
($12.32 Amazon, uses the visualization of entering a cave through a portal
some distance inside (ahead and to the left), which later emerges into a
[very] different kind of landscape where we can each meet our "inner guide"
and then work directly with our archetypes to accomplish some major changes
in ourselves.
So one aspect of this kind of report would be that it arises when a young
child's brain/thinking/language/ and processing capabilities evolve and
realize there is "another" place of mind.
There's another possibility, too, and that is it could be a genuine
false-memory brought about by abuse of some kind. In either event, it
was either a negotiating session between subconscious and conscious minds,
or it was a coping/repression case. In either event, a good regression
therapist should be able to get to the heart of the matter in no time.
And, if it happens to be that it was just a "first time into the lair of
subconscious" then it would not be unexpected to have artifacts surface (as
a grey alien, for example) in puberty as there's some unbalancing of the
archetypes, left to their own devices, in this period, just based on the
little bit of reading I've done...
But even asking the question ("Is this recall tied to an adult of the
time?") or trying a guided meditation, may help to resolve the source of the
memory.
(This is not medical or psychological advice, just an couple of approaches
to be considered. If you are not comfortable, a psychologist or
hypnotherapist may be a very good friend to have along for the adventure...)
---
Tomorrow, more wujo with a two-hour time warp report....
Reader's Writes #1
Loved this:
I read your post for Friday stoned and nothing has made any more sense.
What a great job you do George of stretching my imagination. Others I am
sure have had the same revelations reading your work sometimes. Ever
thought of trying to be the next Stanly Kubrick? you should, you know..
I would like to preorder the first copy, signed of course. keep thinking
George.
One reader sent me a note - which I can't find at the moment - but
mentioning that a similar thought had already been done as a scifi book -
Kubrick I ain't.
Reader's Write's #2
Say, this is a dandy: Remember a while back we were talking about
people waking up to the sound of their name being called? Seems to be
happening in the waking state, too now...
"Place: Jean Talon Market, Montreal Quebec, approx 1PM.
Incident: My wife and I were touring this indoor farmers market. Most
of the shoppers and personnel were Quebecois francophones.
I heard a voice with a standard North American English accent say my
first name "Joel". the perception was from about five feet away, only
from my left ear. No one was there. I never thought it would happen to
me. "
Yup...kinda freaky when it does...
Best for Last: A Peoplenomics Happy
Ending
If you're not a Peoplenomics subscriber, you may not remember that over the
past couple of weeks we have applied the microscope to the whole field of
"luck" trying to figure out what it is...beyond a reasonable set of
statistical variations. And, as the second article in the series, I
posted very specific actions I took prior to going to a casino and walking
out a winner recently up at Firelake Casino in Shawnee, Oklahoma where the
Ure's did some "field research" accompanied by the Landry's.
Bottom line: I came up with some specific actions to try in advance
of and as part of the gambling process. Here's one
Peoplenomics' subscriber's report on how it worked out:
"Hi George,
One of my employees was wanting Friday and Saturday off as vacation
days. I asked him what he was doing? It was his birthday and he was
going to the casino.
I printed off your technique and gave it to him.
He called me yesterday. Was up $3500 and cashed out with $2600. He
said he followed your advice. He was laughing.
Thanks, I can’t wait to try it.
It is just sound investing advice that applies to everything. I
appreciate everything you have taught me over the last 3 years.
Enjoy your Sunday..."
We did, thanks...and now those immortal words of the Mad Hatter are creeping
up on me again for the first time this week: "No time to lose, no
time to wait, I'm late, I'm late, I'm late..." And, one of the
more interesting things on the agenda is even more research into gambling
since on the way to the National Association of Newspaper Columnists
convention in Macon in May, we have to fly over some casinos in
Mississippi...
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.