The stock market dropped 252 points yesterday and – if things don’t go well at the close today – our model which has been long the market may change its mind. (This will be updated in the Saturday Peoplenomics.com report.)
In the meantime, we are watching from as far-off as we can as the world gets wrapped around the axel of current events.
We more or less know that by late 2016 to mid 2017, the world should be in a financial meltdown that will dwarf anything in history.
The reason?
There is a Second Muslim Invasion of Europe underway, and the spillover here into the former-U.S.A. is ramping up because of insane decisions by a very questionable man-at-the-top.
While the NY Times is headlining that FBI Treats San Bernardino Attack as Possible Terrorism Case, we have to wonder why the media insists on using the word “possible” when it related to a Muslim couple opening fire and killing more than a dozen people on the one hand, while questionable pseudo-scientific claims like warming never include the word “possible.”
Media bias, plain and simple, is what it looks like from our hide-out in the well-armed East Texas Outback.
But even now, there are still large gaps in the public’s awareness of just how screwed-up we really are.
We are being fed bull-crap from the top by this administration: The lefty mantra about gun control (even as taunted by supporters) would not have prevented Paris, nor would it have prevented San Bernardino. Criminals and terrorists don’t obey laws. Is this so terribly hard to understand? (*Disappointingly, the current answer is “yes”.)
The REAL problem is that the occupant of the White House is delusional and can neither speak the word “Muslim terrorists” nor can will he enforce this Nation’s existing laws on the books.
Forget that he’s a presidential candidate, for a moment, and watch this exchange between Senator Ted Cruz who rakes Sarah Saldaña of Immigration and Customs Enforcement over the coals in a Capitol Hill hearing.
One key number is that there are 918,369 illegal aliens in the U.S. who have been ordered removed by the FedGov, but which they have not done.
Mind you, this is not because of inability or a lack a skill on the part of Border Patrol or ICE agents – who we hold in the highest regard – but by the Obama administration’s deliberate breaking of federal laws ordering removal. The Obama administration is keeping almost a million people who SHOULDN’T BE HERE according to due process.
Hiding behind a lack of “travel documents?” Get serious…(The saying don’t bullshit a bullshitter comes to mind but may be too direct for breakfast time reading…the FedGov is who makes up “travel docs” – d’oh…)
We ask only the obvious: To what end?
And if not to subvert America directly, then what? Yet while this goes on, there is still no motion on impeachment.
Not that Washington it the only place where the data is flowing in from: Texas this week has sued the FedGov over the dumping of Syrian refugees in the state.
Idiocy has also overtaken Germany (gotta love this one): They have voted to support bombing of ISIS…and for all their engineering expertise they inexplicably can’t figure out that the real problem is in trying to change out Assad…IOW: Sie sind nicht so hell, diese Deutschen . Erneut , beginnend an der Spitze.
(*If you forgot Herr Casey’s German class it means “They are not so bright, these Germans. Again, starting at the top…”)
And this has WHAT to do with our core focus here (which is finance)?
Just this: At some point, after all the hype, bullshit, and double-speak, investors can (*and are) losing confidence that the Administration knows what it is doing – and when that happens, look out below.
It is becoming clear that a two-pronged attack on America is being orchestrated from the top.
On the one hand, people who should be removed from our country (murderers, rapists, etc) are still here because the head of ICE falls back on a “travel documents” excuse. We leave our southern border under-protected by administrative fiat.
On the other prong, the administration is committed to the illegal replacement of president Assad of Syria. Who is – without a doubt a bad fellow – but he runs that circus. Hillary’s State Dept. screwed the pooch on this one long go. Thank the neocons, once again.
The neocon string-pullers are working regime-change and no one seems capable of seeing that “regime change” has created the overwhelming invasion of Europe which will take down the EU in 2016-2017 just as invade, divide and conquer is coming to America. There is help at the top.
Fine with us, though: We will simply short the EU sector in 2016.
As I told a buddy of mine (a real deal bond trader) “The EU drafting of Montenegro this week into the EU and NATO is like the crooked sales manager who has to put a sale on the board by year-end, even if it’s a sham.” We wonder what the bonuses in the marketing department of the EU will be like this year? They only hoodwinked 620,000 people of Montenegro this year.
The EU – in case you haven’t figured it – is in a “grow or die mode” which is why the megalomaniacs there are expansion-crazy.
In the latest poll of polls, Obama disapproval is now 51%.
If you’re not clear about how the take-down of Europe will take place, may I suggest you watch ”With Open Gates: on YouTube?
Comes a time during “Another week at the end of the world” when we like to remind folks of the obvious: the liberalistas have been played, gun control as a response to Paris or Sad Bernardino is a sham, and oh, yeah…the voting public has been seriously played.
When people start figuring stuff like this out, the markets begin to drop – like the 500+ points in the past couple of days.
Still, the “show” must go on, and that brings us to this morning’s job report.
Jobs: Nothing to See Here
Hot off the press release:
Total nonfarm payroll employment increased by 211,000 in November, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction, professional and technical services, and health care. Mining and information lost jobs. Household Survey Data In November, the unemployment rate held at 5.0 percent, and the number of unemployed persons, at 7.9 million, was essentially unchanged. Over the past 12 months, the unemployment rate and the number of unemployed persons are down by 0.8 percentage point and 1.1 million, respectively. (See table A-1.)
Among the major worker groups, the unemployment rates for adult men (4.7 percent), adult women (4.6 percent), teenagers (15.7 percent), whites (4.3 percent), blacks (9.4 percent), Asians (3.9 percent), and Hispanics (6.4 percent) showed little or no change in November. (See tables A-1, A-2, and A-3.) The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.1 million in November and has shown little movement since June. In November, these individuals accounted for 25.7 percent of the unemployed. (See table A-12.)
The civilian labor force participation rate, at 62.5 percent, changed little in November. The employment-population ratio was unchanged at 59.3 percent and has shown little movement since October 2014. (See table A-1.)
OK, now my analysis part:
1. The number of people employed went up 244,000. November we would expect there to be a bump due to seasonal hiring.
2. Goods producing employment was up 34,000.
3. The average work week was six minutes shorter.
4. The average weekly earnings were down $1.14…but average hourly wages went up 4-cents an hour.
The markets are OK with the numbers, still tracking to open up 40 to 50.
Fed Rate Machinations
Our “hidden tell” of the day is the latest money supply number from the Federal Reserve. They have put a noose around the neck of rates as shown by taking M1 (cash and direct equivalents) NEGATIVE.
Less money being slopped into the economy will tend of raise the cost of short term money with the idea that this will get the 10-year note to break out to the upside.
Thing is, when it happens, gold should move up too, along with inflation expectations in general and then we should see prices go up several percent preemptively.
Ah the joys of being on a fixed income, eh?
This does increase odds of a rate increase and pull back in the market.
Believe It When It Happens Dept.
Paul Ryan promises conservative agenda, confronts Obama in big speech. Yeah, uh-huh.
Mighty big talk from the titular leader of the Obama wing of the corporate party. Me? Skeptical?
Good News/ Bad News Department
Duckworth aims to fill Social Security recipients’ wallets ahead of COLA-less 2016.
Good news: Potentially will add $600 a year to Social and Vet recipients. Bad news: It’s a democratic election-year buy-off.
Take the money but keep your head – if it happens.
While everyone was focused on San Bernadino, S&P downgraded every major US bank.
Very observant Kimberly, you are figuring out how they work. Obvious mind control in play here, because no sane woman with a six month old child will go on a suicide mission.
Dude, give me some credit. I’m almost 50, I’ve been watching these games for a long time.
SUPER Funny! “Dude give me credit” and “S&P down grading US Banks”. Well played!
From what is admitted,someone named Barry Soetoro traveled to Pakistan in 1981.The question I have is:Who returned from that country?No one named Barack Obama is included in any of Columbia University’s yearbooks.Nor is any person matching his description recalled by any student or professor of that era.
The preceding may be why the President of the United States is not exorcised over the attacks.Perhaps it’s time for the rest of us to begin exercising the 25th Amendment.
This isn’t true…but the sentiment is growing as the number of young mil age Muslims coming to American and Europe rises by the day
explain, please,” it isn’t true.”
The statement that Assad is a “bad guy” is as questionable as saying global warming is true. From what I’ve read, he is NOT a bad guy and, in fact, is supported by the majority of Syrians. The U.S. claim that he gassed his own citizens was falsely made as an excuse to get rid of him so they could build and control an oil pipeline through Syria. Nothing new there! Turkey is the most likely suspect in the gassing.
protecting Nazi war criminals make you a bad guy.
For the benefit of your readers (I assume you know this), here is the scoop on the poop. We, in the conspiracy research community, have been shouting from the internet rooftops lo these 20 plus years that the western, first world countries are owned and controlled by the cabal (I call them overlords since that is how they see themselves). They TOTALLY control the top level governments in all these countries. Obama was put in place by them and takes their orders.
Their long term plan is to create the utmost amount of chaos on a global scale to terrify the herd so we will DEMAND that they create a one world government ruled by them so we will feel safe. At last, they would have our permission to completely abuse, use and slaughter us (their livestock) as they see fit.
I am turning 70 in few months and do not want to have to live through all this nastiness in my old age, but it may be unavoidable as part of the process to force humanity to grow up. Time will tell.
Too bad Mr. Ure and the rest of the goofs in this country think Obama is responsible for anything. Just as you say — he takes his orders from the rich bastards that own this country. The last president who did not take their orders– took a bullet in the head. I am your age and it is too bad we will have to finish our lives here in a time like this.
I was in Herr Casey’s German class at Cleveland High but I needed your translation anyway! The world has surely gone downhill since those days. 50 years ago there weren’t crazy people going around shooting up the place. Society is going downhill… so either the people running the world are doing it on purpose or they are complete idiots!
“The REAL problem is that the occupant of the White House is delusional…..”
I disagree, because the REAL problem is us who elect scum in a so-called democratic world. It cannot be fixed under current conditions! (Just observe what’s going on presently–it’s for folks with IQ less than 50).
Obama was “surrounded by the tribe” who got him into office, that scaliwag “community organizer.” Funny how he had a law degree with a focus on “constitutional law.” So he knows how to disarm us with taking down both the Constitution and the Bill of rights both in the way of total take over. Nah, just a coincidence right? Research Russia and see how they did it there too taking out the Czar with the Bolsheviks and revolution leading to Stalin and communism. Russian and Putin are mortal enimies of the tribe.
This time they are using Hitler’s playbook to a “T” with propaganda on steroids, evil deeds with ddrugs, TV, bringing in terror via immagration (thins the gene pool that made us a great nation)and a suveilance state beyond this world. While we were watching football and movies–distracted–they got us. Scary thing is Russia will not take this lying down, not this time. which means Nukes will fly.
Obama was “surrounded by the tribe” who got him into office, that scaliwag “community organizer.” Funny how he had a law degree with a focus on “constitutional law.” So he knows how to disarm us with taking down both the Constitution and the Bill of rights both in the way of total take over. Nah, just a coincidence right? Research Russia and see how they did it there too taking out the Czar with the Bolsheviks and revolution leading to Stalin and communism. Russian and Putin are mortal enemies of the tribe.
This time they are using Hitler’s playbook to a “T” with propaganda on steroids, evil deeds with drugs, TV, bringing in terror via immigration (thins the gene pool that made us a great nation)and a surveillance state beyond this world. While we were watching football and movies–distracted–they got us. Scary thing is Russia will not take this lying down, not this time. which means Nukes will fly.
Here’s hoping that the huge number of people who DIDN’T vote in the last Presidential election will be motivated to put Trump in this time. After watching what TPTB did to scuttle Dr. Paul’s efforts the last two times I think there is finally someone that enough of this large group can get behind. Just hope the elites don’t pull a JFK on him or do what they did to Perot.
This gets crazier by the day….
Going going gone…looks like we are just about done with freedom (free speech) and gun ownership in our beloved country just in 67 short years. This time though they threw in the fact of some “anti-Jewish comments” vs Christians to spread it out a little to give a little “plausible deniability.” I thought radical Islamist hated Jews too. Attacks seem to continue to miss them though, and even those radical Syrian Islamists ISIS terrorist guys walk right by Israel and head to the US. And those 911 Saudi radicals–guess they are ok now, since the US retaliated against Iraq for the 911 attack instead of going after Saudi Arabia.
Makes perfect sense and critical thinking! Pure evil genius & the smartest tribe in the world, period. Think Matrix and MockingJay, and Spectre all rolled into one. We have been warned again…..as the ante continues upward until we say “uncle.” Soon, they will have all the marbles and the most powerful finest military in the world, our US Military. Dissidents ( perfect & total surveillance) will be sent to Fema camps for re-education. Just waiting for the ribbon cutting ceremony……I am 67 and toothless and do not own any guns, so I hope I am ok, but I worry about this post cause I know they read everything. But I love my country
Paris, San Bernadino and the list goes on per false flags as they ramp up the road to gun control, martial law, and slight of hand as the screw society every which way – because after all, the meaning of “govern” is “to control”.
The people do not choose/elect a president/CEO of the USA corp., they do, but they want you to feel good so they allow the pubic to partake. They are called “polling” locations. heh
I’d like to pass along a paragraph from a column in my Thursday, Dec. 3 Chicago Sun-Times by Anita Maddali, associate professor of law and an immigration law scholar at Northern Illinois University College of Law: “A majority of U.S. governors. . .perpetuate stereotypes of refugees that are simply false: according to the Migration Policy Institute, of the 784,000 refugees resettled in the United States since 2001, only three have been accused of terrorism-related activities–none related to acts targeting the U.S.”
They are without a doubt “Masters of the Universe.” Period. Even if one is very bright with a high IQ and good crtical thinking skills, it is hard to understand each move. No matter what happens they have a plan B-Z.
We are a bunch of self governed cattle which that there are too many of.The problem starts when the common cow figures this out.