China Beans & the Yoke’s On Us

Sure, market futures are up – over a hundred on the Dow – and we continue in “major blow-off mode” for possibly until January, by the look of things.  Holidays, with the exception of last Christmas’ slaughter of the elves, are normally a time of rising spirits.

Yet with all the trade hype making the sounds, like “Dow futures jump 100 points after China says it has agreed (in principle) with the US to remove existing tariffs.” we don’t trust China being ready to settle anything. Might as well go ahead and color us skeptical on other fronts, too.  Since a check of the Chinese Ministry of Trade website here doesn’t yield confirmation of sweeping US media reports.  Say, wouldn’t be “someone talking their book” would it?

Could be.  Since a more in-depth report (in Time) alludes to only removal of some of the punitive  tariffs  that had been a stumbling block to the talks.  Hardly a “hundred-fifty point market mover” as we see it.  Besides, nothing has actually changes.  Only an agreement to talk about SOME removing punitive tariffs.

To our way of thinking, American (and global) markets have become addicted to any pseudo-news event that comes along.  Factually, this is a yawner.  Yet, earlier, the Dow futures were up 150 points.

Another reason to be skeptical?  The trade war with China may have driven the country away from closer economic ties with the US.  Notice: Chinese state media Xinhua reports that “China’s soybean yield sets new record.”  This, coupled with reports that Chinese pork is coming to the American market, gives any thinking person “cause for pause.”

And if it doesn’t two other “big deals” in China to keep in mind.

First, the Chinese move “China’s issuance of euro-denominated sovereign bonds helps boost Sino-European financial cooperation” would certainly lend creds to the notion that China is ‘decoupling from the U.S. dollar.”

Second item to keep an eye on is the first freight train from China (overland) to European markets has passed Turkey, now.

As we have explained previously, though more on our subscriber site, China is about to seriously lap the U.S. with it’s “Belt and Road Initiative (BRI)” that will tie it closely to Europe, and claim the Middle East and Africa as industrial feedstock providers.

Thanks to a ton of misleading headlines, (remember, it’s only agreement in principle to remove punitive tariffs, not all) Dow futures were up strongly ahead of the open.

The U.S. response?  Stupidly immersed and distracted by internal politics as directed by mainly left-leaning media coverage.

U.S. Idiots Asleep At the Switch

Complicity of socialist-controlled media is clear in the Trump Ukraine phone call farce.  The socialist-influenced media don’t want to reveal the name of the former Obama holdover in the White House who went to representative Schiff’s staff for consultations (coaching?) before filing his complaint.  Has a certain odor, don’t you think?

The story in Forbes tries to pin it on a Trump.  “Donald Trump Jr. Slammed For Outing Alleged Whistleblower, As Major News Outlets Decline To Publish Name .”

This is, in our view, classic socialist misdirection as an attempt to high the real leaker.  Check  The Gateway Pundit’s   “Oops! ADAM SCHIFF Accidentally Leaks Name of Anti-Trump ‘Whistleblower” Eric Ciaramella in Bill Taylor’s Transcript!  But wait!  Let’s pin the leak on someone else.

Key thing to notice is how left-influenced media won’t get up on their high horse about protecting the Chief Witch Hunters, on the one hand, but they can’t seem to follow the ideas of  open government, due process, as they continue their soft coup against an elected sitting president.

We also found the Gateway Pundit story ““It’s Going to Be Devastating. It’s Going to Ruin Careers” – Joe diGenova: IG Report Delayed Due to Durham Grand Jury – Several Obama DOJ Officials Will Be Indicted (VIDEO)” worth tracking.

Because it goes hand-in-glove with another corporate media cover-up of lefties:  the alleged cover-up of Jeffrey Epstein by ABC  – which reportedly spiked the story and some claim due to dirt on big name democrats that would come out.

To us, it’s pathetic that China trade is being over-hyped and the market’s obviously manipulated while the real crimes in the nation’s swamp leadership are only now coming into public view.  The free press?  No such thing, save the odd outpost like this one.  Mostly, it’s a left-wing echo chamber.

Guess we will continue getting up to see what the latest layers of BS & cover-up are.

BTW, in the worthy part of the NY Times (biz sect.) there good related China coverage in “What a Financial Cleanup in China Looks Like: Seizures and Bank Runs/.”  Worker’s paradise, anyone?

Fed: Economic Yoke of Oppression Report Due

At 3 PM (Eastern) today, the mode of the stock session could change as we find out if consumers are still spending.  That’s when the Federal Reserve unleashes its latest Consumer Credit report.  Called “Credit report” (banks are creditors, right?) It’s really a Consumer Debt Report for real people.  You should observe the name gives it all away:  In central banking, it’s all about them creditors, not us debtors.

This link should be updated with the latest report a minute, or so, after 3 PM today. Before then, it’s last month’s data.  You can set a reminder.  Or, drop by here tomorrow to see if I can hold my tongue on this and the Money Stocks report after the close.

Worth Knowing

Driving the market higher?  Bjuy-backs:  Companies “buying themselves” have a new poster-child of the day. GoDaddy shares surge on biggest buyback plan.

Sizing up Christmas is underway, too:  Facing shorter holiday season, U.S. retailers rev up faster delivery, early deals/

How patient will Israel be? Iran says it will breach nuclear deal by enriching uranium at key facility.  Not hard to predict a weekend air strike to shut ’em down.  Just which weekend isn’t clear…and that would light off the 72-year war cycle existential war for Israel, since 72 comes up in 2020.  May, isn’t it?  So pencil in troubles in March-April.  Which means a strike soon since the war will take 120-180 days of lead time for Iran or organize.

Not a Googler: The Secret, Frustrating Life of a Google Contract Worker.

Here’s a weird one for you: Man dies in Hawaii after falling into a lava tube in his yard

Last, but not least, who knew the woolly mammoth was trapped in Mexico? Mexico mammoths: Human-built woolly mammoth traps found in Tultepec.

Which gets me to thinking of my own mammoth appetite, so off to the trough!

Write when you get rich and be back here tomorrow.


More or Less Useless

But sometimes interesting:

Skeleton found in Russia believed to be one of general of Napoleon Bonaparte.

37 thoughts on “China Beans & the Yoke’s On Us”

  1. George

    ” George Ure on October 31, 2019 at 09:10

    As luck would, mine is a 2235 but worth watching nevertheless.”

    Apparently the Universe was listening!

    Go here:

    Don’t forget to see the links for data sources in his comments.

    Consider it some pay back for all you teach me!

    • China & Russia being repressive Communist countries suppress the creativity of the people. You can’t show your boss up or you go to jail. This type of government doesn’t attract the best minds, it sends them packing to the USA. As a result, they will not be marginalizing the US Empire in the near future.

  2. George,

    The business with Iran and Israel is more serious than is being reported. I’ve heard some seriously disturbing rumors from Spec-Ops friends about some things that may or may not have happened in the last couple of weeks in Israel. If they’re true, we just barely avoided WW3 through the bravery of just a handful of operators. Secondly, offspring #2 spends a lot of time on the USS Ronald Reagan. For those that aren’t familiar, the RR is based in Japan. #2 reported to me that near the end of their last deployment a few weeks ago that the Skipper informed the crew that there was a possibility that, after a short resupply in Japan, the entire carrier group will be deploying to the Persian Gulf. That would leave the waters in and around the western Pacific essentially unguarded. That’s some serious stuff and it doesn’t require much effort to read between the lines.

    • Phew.. Your scaring me MaJ….. that is a scenario I was hoping wouldn’t be coming up.. luckily we have had DJT I still think he has kept us from a lot of that from dragging us in…

      makes me wonder did the puppeteers finally get some duffus to swipe at one of hte wack a moles..

    • One item to consider.

      The Gerald R Ford and its issues are creating havoc on all of the planned deployment scheduling for the CVN’s.

      It is also very common for the CVN’s to turn around. We did 3 times in an 8 month tour. Next cruise , twice.

      Way off to the side , we had an issue in the yard. Fire. Ship was three weeks late to deploy. All ships went back on station.

      Yes , it COULD be an indicator though…

  3. I wonder if the Climateers ever factored in Mammoth flatulence for the ending of the last Ice Age? It has to be worse than the bovine contributions of today.

      • Wake up in a bad mood Mikey? Change your shorts and go over to Suspicous 0bservers and get re-educated. I ignore your rants more than I do Mark’s. You’re free to ignore mine.

      • About a week ago I woke to a heavy frost and subfreezing dawn temperatures. I bundled up in cold weather gear, and drove down to the city for breakfast. It was 45 degrees F in town and people were walking around in shirt sleeves and light jackets.
        Most official readings for temperatures are now being recorded now at urban airports, which are all giant concrete masonry heaters. But apparently this bias toward warming wasn’t sufficient, so the climateers had to make adjustments to temperature readings from previous eras to support their primitive climate models.
        Most of the warming being seen by present-day satellites is in the polar regions, and interpretation of that data is debatable. The historical records for temperatures in the arctic in the pre-satellite era aren’t that good. The extreme dry conditions at the poles make interpretation of temperature fluctuations different at the poles than at lower latitudes.
        In summary, most of the client science has been so tainted by social engineers, leftist propagandists, and commercial conflicts that it is difficult to sort out truth from fiction. The runaway temperature models have been debunked, and people who continue to use those arguments are mad. The current real issue is whether the diminished sunspot counts herald a reduction in solar warming, and a major turn down in temperatures. Note that the effects of reduction in sunspots probably has more effect on terrestrial cloud cover than solar radiance. Climate issues may be coming to a driveway near you this winter.

      • AI…. never a straight answer…????????

        I guess… I don’t quite get that assumption.. they give out all of the technical data.. I happen to visit from time to time with some of them.. Most of them have the same opinion I have.. My guess is.. because it is their personal opionion.. they won’t give it as an absolute.. instead give you the information and let you make up your own mind..
        Its pretty obvious and really.. it doesn’t need all the finances being dumped into it.. the only reason I can surmise is that by studying the data they will have an idea on being able to predict the next cycle change…
        but the hard data is there.. you just have to read it and then make an opinion after reading the stats though it will be an educated opionion..
        all science is.. and scientists are.. is theoretical analysers.. they get the data.. look at historic actions if this happens then that is one pathway..
        Or to put it blunt.. BEST GUESS using the data at hand..
        similar to the old wives tail.. men with long feet .. have… er…Long hands…
        of course what would I know though.. I am just an old man with a god ugly hat and hair that makes me look like I just woke up all the time…

    • “factored in Mammoth flatulence for the ending of the last Ice Age?”

      I know… TFM in California and cow farts… god an you believe that..

  4. Geeorge – how do we reconcile the record high levels of the US stock market – versus the Sick – Disgusting – Virtue less political whirling cesspool in DC and the absolutely “Do Nothing” Democrats.

    Ure Tax Dollars fund this satanic Clowns In Action circus – Dont U just luv the Representation of Ure values by the clown’s actions/operations since they ASSASSINATED President Kennedy..with ONE friggin Bullet? taxation = representation – does any of this circus action represent Ure values ?

    “There was a time when we were supposed to defer to our betters. There was a time when we were supposed to respect them. There was a time when we were supposed to not believe they would totally commit felonies. Yeah, that’s not a thing anymore. We’re not blind and we are not stupid. We see”.Kurt Schlichter

    No worries though – cause the white obama is running for President on the “woke” ticket – great more hope..

    Yeah Pete ! guy hits the woke trifecta – 1st) openly gay 2nd)Identifies Female 3rd) legally married to husband. Should do well in homeless $&!?holes like SF,LA,NYC & Seattle..

    Karnac: hell in a handbasket.
    Ed: describe 8yrs under Obama’s’ treasonous regime.. I had no idea of ISIL capabilities – bwahahaha – U can keep Ure doctor – bwahaha – guess we can thank the antichrist for our glorious orange bastard of a President.


  5. George,
    -While it might be politically expedient for Conservatives to out the whistle-blower THIS time, the system is anonymous to encourage people to come forward. From there, investigation will or won’t verify the tip, produce witnesses.
    -So, for example, would John Gotti’s hooker mistress call in anonymously and tell the FBI that she heard people saying (hearsay) that Gotti had ordered Sammy the Bull to do XYZ? Hardly, which if it’s a libtard like Obama cooking up the “drug deal,” saying We need a favor though, do you really want to stop the whistle-blower system? Really???
    -Which, BTW, what are the actual, percipient witnesses saying here? Any bribery, extortion, ‘drug deals’ being verified? Perhaps you accidentally missed the real story here? Best, Mike.

    • I don’t know if you have noticed but the Obama administration managed to weaponize not only the whistleblowers but also the intel community and lied its ass off to the FISA court.
      To distinguish between such actions and what we’d call “domestic terrorism” is a far stretch, as the data shows.
      And that’s before we wonder who – even now – is pressing the burying by ABC of Epstein case? Your team was all-in with him. Girls and Africa trip, anyone?

  6. “This, coupled with reports that Chinese pork is coming to the American market, gives any thinking person “cause for pause.”

    It’s already here.. and has been for a while now..;_ylu=X3oDMTEzZTI2dXFyBGNvbG8DYmYxBHBvcwMxMAR2dGlkA0I4NzQ1XzEEc2VjA3Ny/RV=2/RE=1573177801/RO=10/

    they also have purchased a great deal of our grain import and export companies.. our local grain elevators.. etc.. a friend of mine use to make a living recycling batteries.. then china bought the companies and put him out of business..

  7. Slightly off topic today George but hopefully you will agree that this is an important post to the small business owners who frequent your site.

    Our wonderful (sarc) Representatives in Congress who have been pushing the impeachment farce recently passed a bill (H.R. 2513 – Corporate Transparency Act of 2019) that would require only small businesses (corporations and LLC’s of 20 employees or less) to submit annual reports including personally identifying information. The bill requires reporting of individual names, addresses, birth dates and driver license numbers of not only those that started the business but also those who might have a significant stake in the business. That information could be made public as a last minute amendment was included in the final bill that would allow the Treasury Department’s Financial Crimes Enforcement Network to make public that information. Fines of up to $10,000 and 3 years in prison for those that do not comply with the paperwork requirements.

    The bill passed the House and is now in the Senates hands. The bill raises serious privacy concerns and significant regulatory costs for small businesses. If you own, know someone who does or simply like the neighborhood small businesses in your area, time to let them know about this.

    IMO,it’s big businesses “Wall Street” going after mom and pop “Main Street” businesses through the guise of reducing money laundering and stopping terrorists.

    • “Congress who have been pushing the impeachment farce recently passed a bill (H.R. 2513 – Corporate Transparency Act of 2019) ”

      Well Pere. I can honestly say I didn’t read it. It always made me sick that no one caught the crap they were passing.
      On the other hand.. no one in congress read it either.. I am fairly confident that none of them have a Clue what’s in it.

      Instead they’ve been playing this shell game with the president and whoever’s is pushing that bill just basically told them to vote for it.. while all the attention is on the shells they pocket the pea and stick us.
      What scares me is if the puppeteers person gets in I fear we will be embroiled in some horrible war or economic depression so bad that it will go down in history. A war this time will touch America at home..
      I fear that With all the whack a mole issues popping up some drooler will bite and take the hook..
      So far we have lived in the bubble of false security..our military is on some foreign soil or Congress is spouting let them in and we are being manipulated in a grand way..

  8. (Off the subject)

    I always read the comments from the bottom, working back up to the top to keep the time-flow straight in my (addled) mind. Of course, if a comment stims several replies, one must reverse course for a while to follow the logical developmental flow again — and then re-reverse to get back in the conversational time-groove. (“Forward” equals going UP-page…)

    Am I making any sense?

    Anyway, a suggestion. First In, At The Tippy Top, and then all replies and other new comments flow down-page in a normal and natural chronological flow.

    Am I making any sense?

    Probably I’m the only guy who thinks this….

    — 73 —

  9. Sir,

    I thought “where’s the beef?” when I read your mention that Chinese pork would be winging its way to US shores. Yesterday it was reported that in Canada’s media that China is lifting sanctions on Canadian pork and beef imports. I didn’t realize it but apparently China’s pig farms have been decimated by an outbreak of African Swine Flu. What domestic pork could they have to export other than condemned offal only fit for pigs to eat. Of course that would never be permitted to happen as it would be a means of transmitting the hemmorhagic fever to North American swine herds.

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