Holiday ho! So we’ll roll with a deeper neuron firing exercise today…
Data Bulge Worries Us
Is something happening next Wednesday that I missed the distro on?
I simply put dates into a search engine and…what’s this? We will have to turn on the Princeton EGGs, too.
Smart People Matter
Economics and human behavior are strange bedfellows. Useful at every major holiday, when we take some “down-time” to consider “What’s Ahead for America?” Which then spawns the second question: “How do I defining winning under these conditions?”
Living in Duality, as we do (up-down, good-bad, rich-poor, have-have not, and so forth) it’s easy to lose track of a simple fact: We live in a world [polarized] defined by opposites.
Saved by the I-Ching Inbox
As has happened uncountable times in the last 30-years, my email – which seems to have a pipeline to “how Universe works” popped out a note from long-time reader Roger in Phoenix:
“Billed as the smartest man in the world. 195 IQ.
He’s interesting to listen to. He explains some concepts of the universe in brief terms well worth giving some deep thought.
Video of the interview is here: An ANP Interview With The Smartest Man In The World On TEOTWAWKI (from allnewspipeline.com).
No need to read the whole dark point of view of the author of this page, but, he does explain why this man left a nice place in New York and moved to Kansas.
He sees the world like you do, and chose a way away place around the same time you did. So, you may find him of interest.
The link to the video is at the bottom of the article.”
Before we get into the [transitory] Job numbers, two important points to notice here: Christopher Langan left New York in 2003. Elaine and I left Boca Raton, FL that same year. We both headed for more sustainable areas of the country. Kansas for him, East Texas for us.
A second point to discern is his definition of success. Seems to be “successful rancher” which is near-enough too our “successful tree farmer” for home use. Out of urban, for sure.
Watch the video at the bottom of the story – especially if you’re a Peoplenomics subscriber. Because in it, Langan describes the mental “film capturing” process (and parsing or editing) that may be one of the most important skills in Life if NDE experiencers are right about their “Life flashed before my eyes” and the reports of a Life Review Experience is correct.
This is most pertinent for subscribers who are reading my new book (Packing to Die: The Suitcase Between Your Ears”) and have consumed the chapter “The Afterlife Film School.” (Page 49, or so when I finish the book.)
We now return you to the tedium of another too-hot summer Friday. (Which for me starts on a lawn tractor a few clicks from now.)
Almost Stalinist in the repeated mantra “How Great We’re Doing!” so here it goes again:
“Total nonfarm payroll employment rose by 850,000 in June, and the unemployment rate was little changed at 5.9 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, public and private education, professional and business services, retail trade, and other services.”
Total number of people working dropped THOUGH!!!
There is also the matter of how many jobs are “estimated into being” in the CES Birth-Death Model. How many jobs are “estimated into existence”? Very few this month, actually:
The Big Lie not revealed is that these numbers reference only the odd outlier baseline year (2020) when we were masked up and locked down. How fair is that?
Catching Up with 2017
Not even! Seriously: We are still BELOW 2017 numbers of people actually working!!! (How the financial press can be silent off this is a “what the floody buck?” question no one’s asking!”
Our favorite BS Detector is simply tracking the total number of people working. In May, as I have been explaining, we were 5.23 million jobs of equaling the pre-pandemic summer of 2019. In fact, if you look at the yellow boxes here, you’ll see there were MORE people working in 2017 than last month…
So 18,000 fewer people working this month compared with last? OMG! Train wreck!
The green boxes highlight where we are today. Feeling great about the economy, yet? The blue boxes show the baseline used by the cheerleaders. Who can’t even begin to consider the lines above.
This very much matters, since we see how from January to May, for example was 1.589 million.
Answer me this: If we are flirting with 2017 levels of actual people working how come the “stock market” is up more than 90%? Simple answer is sheep don’t understand economics and accounting chicanery. The government just keeps putting “more houses on Boardwalk” is how it works in a nutshell.
After the data, markets were bound to go higher. Because despite where “honest money” would place us (closely replaying 1929) the Federal Reserve’s massive “making up money” and the complicit press failing to report things like the 10-year Treasury being a quarter point lower than a year ago in efforts to bury notions of massive deflation, we will soon-enough reap what we have swallowed.
International Trade Data
Has also just been released:
After the data, stock futures were still up a smidge. Dow futures +68 S&P +11. (No drug testing on Wall Street anymore?). Aw come on Man, print me a few million and I’ll STFU…
Can’t count the number of times I lectured young news interns on “news templates.” “____” people were (killed/injured) today when a _____was involved in a collision with a ____ at (location).”
Holiday travel stories fall into this genre. Last major “template update” was when scheduled jet service started with a minor hot-fix for the (mass employment scheme follow 9/11) of TSA which put 250,000 people to work instantly. And swept the public focus from the Internet Bubble collapse on to “terrorism.” As a “country management option,” you make your own judgment call.
Oh yes! Examples from the templates updated for this year:
“TSA expects high travel volume, shares traveler tips ahead of Fourth of July | Transportation Security Administration.” And here’s a template that can be re-used in all 50-states “TSA prepared for a busy summer air travel season at Maine Airports | Transportation Security Administration.”
Honestly, we don’t keep track of mask mandates, but here’s another template to click for next year. Holiday travel surge is on as pandemic wanes (fox5ny.com). (Note to self: rewrite templates for radiation monitoring in addition to masks and temps for next year…)
We would not be surprised to see Bitcoin drop below the $30,000 level before the long weekend is over. CoinDesk is hopeful in Bitcoin Declines Within Range; Could Find Support at $30K – CoinDesk. We’re not. But then we don’t own a wallet.
Dem’s do a Perp-Walk Deluxe: Trump Organization CFO Allen Weisselberg pleads not guilty to tax crimes.
My deck-building plans keep getting larger. Based on the data, of course: Lumber Prices Suffer Biggest Monthly Drop On Record | ZeroHedge. When the weather cools enough (<75) to make construction fun again, maybe $4 two-by-fours will be back? (My lips to God’s ears…)
Mob Rule at bay: Supreme Court Upholds Arizona Voting Restrictions in Another Blow to Voting Rights Act. The decision involved “laws that ban ballot collection and require officials to throw out ballots cast in the wrong precincts.” Open border open poll types say the law discriminates against minorities. Our take is it discriminates against crooked ballots; fine with us.
Global Tax Scam coming to support One World Govt. One of the half-steps? Global tax overhaul backed by 130 countries. Let’s wrap in it “climate” and see who salutes…
Liberals to attack Body Ownership? America’s largest teachers’ union to vote on mandatory COVID-19 vaccinations, masks and testing for students. Where in any founding documents does one find a government right to needle anyone?
And adding a few sour notes to the 4th: U.S. Deficit Expected to Hit $3 Trillion in 2021, Budget Office Says. Given Digital Mob Rule, the mob will vote itself all assets. Marx 101. And did you notice Ambush attacks on police officers up 91% in 2021 compared to last year, group says on Fox News?
Around the Ranch
Fun holiday weekend around here, yessir. Lawn mowing. Trip to pick up grub supplies. But, then the fun begins.
I am planning an experiment to see how much better a steak is when cooked over charcoal compared with the fancy infrared cooking grill. Ought to be a useful science project.
Elaine’s back to nearly 100 percent (except for some “forbidden postures, like no leg-crossing”) from her dual hip replacements. Should have the final sign-off in two weeks.
Zeus the Cat is spending all day, every day, huddled next to a shade tree between the house and office/shop. Looks like the big heat will be moving into the Dakotas next:
Too much rain some places, not enough others…too hot, too cold…We will continue to focus on fall gardening plans and do some scratching in the dirt over the weekend…
Have a great Fourth!
Write when you get rich,