10 Things Better Than the Debate
OK…I watched it. What a freakin waste of time. OMG! What would have been better?
- Going to bed 90-minutes earlier. That would have had health benefits.
- Listening to some smooth jazz and meditating. Although, I would have been asleep in 5…
- Praying. But that would still land me sleeping in 10…
- Visualizing. Might get out to 15-minutes before crashing.
- Working on my Nobel Prize. (Only partly joking: Our time-bending experiments remain front and center. But now, there’s also the realization that all physical objects have an “ information field” to them. In which they store timeline, location, duration, and other semi-tangibles in a kind of “unseen duality”. If we could manipulate the “information fields” of things, would that lead to a breakthrough? Which then leads to sleep in 20-minutes…
- Reading a book: There are 600+ titles on my Kringle. Never enough time. Down in 30…
- Online poker machines: I can go for hours. And I usually make money. Unlike stocks…
- Delightful conversation with Elaine. (She’s was already asleep, thanks to the droning sounds on the tube…)
- Play with the cat. One of the few things even less useful than politics.
- And the obvious winner? ANYTHING but Watch.
No one learned anything new about the candidates. And Kam has as much Teflon (or more) on her as any politician I’ve seen yet. Pence tried to get a straight yes/no answer and she couldn’t do it. Seriously? When someone can’t answer a simple, direct yes or no…CROOKED or MISLEADING! Do people go to law school to get stupid or just to become erudite, arrogant, and learn how not to answer questions?
What the Debate Revealed?
Was more about the media being crooked. The Biden-Harris gush-gush was horrible. There was nothing I could spot that would change a single mind. We saw two wannabe presidents. Pence looked a lot less radical than Harris. What was missing was objective analysis.
See for yourself in the abysmal NY Times “fact check” story here. Maybe there was another debate on in a parallel universe, perhaps? The New York Times has, in our view, become context-driven in their recitation of “facts.” In their own rag, NYC was supposed to have turned Wall St. into tidelands by now.
All of climate change is a monetization by the One Percent. Another wool-pulling shakedown scheme to Tax the Poor to Support the Rich. It’s why George Bush’s home made Architectural Digest. Still haven’t seen Al Gore’s home there…
Weekly Jobs Data
The market went up another 530 Dow points and 58 S&P points Wednesday. But, why?
You see, people (as I mentioned to Peoplenomics subscribers Wednesday) seem magically pulled around by (bias, crooked) (left-wing socialist sympathizing) flash journalism stories. (*More than 20 words is unworkably long, right? 170 character disease.)
When you turn off the BS-machine, and actually study the data, the global economic system should NOT be in rally mode. If anything else, it should be going the other way in a hurry!
“The COVID-19 pandemic caused a decline in overall global trade: In the first half of 2020, exports of U.S. goods dropped by almost 25%, while imports dropped by about 17%. The U.S. trade deficit increased by about 20%, reaching a value of $8.65 billion. And the pandemic-induced increase in the trade of essential medical goods accounted for 41.3% of that increase in the U.S. trade deficit.
Go read the link. Want in on the Big Secret?
The Socialist Church of Mugabe
At the macro economic level, the Truth is not very comforting. Obvious – but heretical to state before the Great Unwashed.
- You know there’s been a Pandemic, right?
- You know that the economy is in the crapper as a result.
- About 8 to 9-million fewer people are working now, compared with year ago levels.
- Yet, you also know that government spending is up on the order of 25% in order to “save us all.”
Is it that hard to see that the remaining workers will be promptly screwed with a tax hike in 2021 – regardless of who wins?
If you’ve made it this far:
You also know that the Banksters are front and center with the whole political con, too? Because they (frankly) don’t give a shit about maintaining purchasing power parity (Loosely: The ability to buy an additional loaf of bread with higher earnings this year.)
Instead, they maintain “low unemployment” (as in “let’s all open nail salons and used car lots”). While at the same time maintaining stability (for the rich, though that’s not stated). Instead “free money” (effectively zero percent rates) is the tool of choice trying to “print through” the Covid Depression we’re in.
All of which was pioneered by (Dr.) Robert Mugabe, late strong-man ruler of Zimbabwe. His financial accomplishments made me exceptionally RICH – at least momentarily until January 1, 2009:
Notice anything Funny? Here’s the BIG STORY the mainstream (crooked, slow-think) media can’t seem to spit out. (Or, if they can, they don’t have the balls to out ahead of an election which they dream of as the “soft coup’s return.”)
Expiring Money is Coming!
Oh…sure it is. That’s the whole point of taxes, when you look at them in a center (three toke) way: Driving money back into circulation. Government take, redispenses to the annointed (and the rich get their skim).
We have been talking about this as a key subtext on the subscriber side for almost 20-years now. (In addition to asking “Should machines be taxed on their output?” which we’ve been looking at since 2010, because the Robots are Coming, too!)
Back to point: The Velocity of Money at M2 has crashed. NEVER before been this bad in America’s history:
And later this month, we expect it to continue “bottom bouncing” (But, say, that’s a kinda Freudian concept, ain’t it?)
Present solution: Print like hell. Stocks are going UP, so much as cheaper (less valuable money) is needed. Artificially maintaining prices.
Escaping the Crisis
The Fed has already admitted: “No rate hikes until 2024.” You may have caught a hint of desperation in the voice of Jerome Powell this week as he did as close to a “bended knee for more stimulus” as you’re likely to ever hear from a Bankster-in-Chief.
So, what are the policy choices?
- The Mugabe Option: Make money “expire.” Print all you feel like.
- The Ure Option: Sound money and let malinvestment take a bath.
- The Biden-Harris Option: Modern Monetary Theory (MMT) (modified Mugabe) which collapses foreign investment over time. Key point: Two-Tiered currency (domestic and an external dollar) will result.
- The RINO option: Bumble and stumble along aimlessly.
- The Bitcoin Option: Make up a “new made-up” money. Someone will buy it (like BCN!!!)
Although the Fed is widely heralded as looking to blockchain, idiots at coin still don’t understand these discussions are for internal (FedWire) operations. Not for mass deployment. Another example of people “reading their own delusions” into the news. Sickening.
Dose of Data
Only three things matter today: One of which is the weekly unemployment data that goes like this:
“In the week ending October 3, the advance figure for seasonally adjusted initial claims was 840,000, a decrease of 9,000 from the previous week’s revised level. The previous week’s level was revised up by 12,000 from 837,000 to 849,000. The 4-week moving average was 857,000, a decrease of 13,250 from the previous week’s revised average. The previous week’s average was revised up by 3,000 from 867,250 to 870,250.
The advance seasonally adjusted insured unemployment rate was 7.5 percent for the week ending September 26, a decrease of 0.7 percentage point from the previous week’s revised rate.
Although the headline was 840-thousand filed last week, the Dow futures are up more than 265 with an hour to go to the open.
After the close, the H.6 “How Much Money did we make up last week?” report. Judging by market rally, a shit-load more than you had to spend on beer last week.
Useless Marches On
Dollop of Mindless Sheepism to go with the coffee?
Is this an “Beirut explosion payback”? “More than 2,300 people evacuated after explosions at munitions depot in Russia.” Oh, yeah… accident. Sure.
Weather is still climatizing, lol:
delerium deuterium tremens, read on to how we’re still...
Since we live about in the “X box” we could get some rain this weekend.
Can we print you a steak? Is cell-based meat the next big thing? Here are 5 companies leading the revolution. Call us when the Zon has it in 10-ounce filet filament for the printers here.
In the Breakaway West: ICE arrests in Bay Area, Los Angeles anger local officials. Angry? For enforcing the LAW??? Yi-yi-yi…
And someone missed a column here: Gridlock over new stimulus measures is the biggest catalyst for market volatility right now, a chief strategist says. Apparently missed it, so we will say it again for the slower members of class:
“NO DOUGH TILL AFTER ELECTION!”
Is that really so hard to grock? Market’s are running on BS and hopium still.
A Very Important Health Note
As Peoplenomics subscribers know, we have been “on to” red light therapy for the treatment of age-related macular degeneration (AMD) for a long time. I credit Elaine’s stopping AMD progression with her every-other day use of a red LED array under carefully articulated conditions.
I promised (as part of the Light Crown project) [where we use transcranial light as a possible Alzheimer’s strategy] to keep you posted when clinical trials of the AMD treatment “gets close.”
So this morning, I was to refer you to the web page here on the government’s Clinical Trials website titled “Study of Photobiomodulation Effect on Electroretinogram Outcomes in Dry Age-Related Macular Degeneration (ELECTROLIGHT).” According to the page, the study will be done in New Port Richey Florida, so if you’re in that area – and have a macular degeneration issue…well, go read. You can figure it out, I’m sure….
Off to an exciting Thursday. Highlights of which include this being garbage day. And plans are for ham and scalloped potatoes for dinner. With rain coming in tomorrow (maybe?) nothing like leftovers with a couple of eggs to set Friday on a proper track… Danish comfort food. (Cardiologist Bingo to fall in the great room after…)…
Write when you get rich,