Tensions are high going into this weekend. Daylight Time leaves Sunday.
Worries are not because of signs and portents related to Halloween last night. Let’s “line ’em” up, for the day:
- We have a new Jobs Report to digest.
- The Fed may be dialing-back money growth.
- Fears of a False Flag are elevated.
- Patriots are riled-up.
- Faith in “Due Process” is waning.
- … Plus the rest of the news-noise of life…
I wanted to begin with the short list this morning in order that we can all “keep our heads on straight” and not be whipsawed or jerked into partisanship or unwinnable battles. A theme that will emerge as we move along…
If there is one critical lesson for people under 50 (millennials) to learn, it’s about learning to master Process. Own the process and you own the outcome. Ask Nancy.
Going into this morning, the set-up was the ADP job creation number (+125,000) released Wednesday and the Challenger job cuts (50,285, +21%). Being a simple fellow, my expectations for the jobs report today were somewhere in the +75,000 to +135,000 range. How does that square with this?
“Total nonfarm payroll employment rose by 128,000 in October, and the unemployment rate was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in food services and drinking places, social assistance, and financial activities. Within manufacturing, employment in motor vehicles and parts decreased
due to strike activity. Federal government employment was down, reflecting a drop in the number of temporary jobs for the 2020 Census. ”
Drilling into the usual details:
- The absolute number of people working (*which is the most important big picture aspect) was 158,510,000, which is up 241,000 for the month.
- On the downside, Goods producing jobs were down 26,000.
- Meantime, average hours worked was unchanged
- And hourly wages were were up 6-cents….
- ,,,while the labor participation rate up a 1/10th to 53.3%
More notably, the CES Birth Death Model estimated 274,000 new jobs into existence for the month. That skews the number up.
Shhh! Don’t tell anyone, but we tend to take the headline job gains ( 241,000 today) and subtract the estimated into being number ( 274,000 ) and worry that the real picture is a loss of jobs.
That said, the whole “What’s the real job growth number?” comes down to how many of your neighbors are really working and that’s why we’re guided by the total employed. The rest turns into a statistical street fight.
False Flag Fears
It’s a good assumption that there are battling factions within the Globalist World Order fighting for control of everything. In other words, while George Soros may give money to liberals, Warren Buffett does, as well. But, I’d trust my money to Buffett, while Soros? Not so much.
Here’s the thing: Many pieces have started to move, now. The House will be televising impeachment and some of the cheapo, shoddy, dirty, crooked, underhanded, slimy, filthy (shit) pulled by the former admininistration and its minions to unseat the lawfully elected president are about to go public. We will (hopefully) see the public understanding that representative Schiff likely coached a democrat plant, an Obama hold-over, in the White House long before the “whistleblower” complaint.
Dems need a big “national distraction” and they need it quick.
Second thing that catches out eye, in the Federal Reserve H.6 money stocks report last night is that money growth is being dialed back. Reason? Well, it’s OK to “make up money” (the MUM policy of MMT), BUT at some point, the public begins to move – bigly – and into assets like gold and silver.and (gulp) even Bitcoins which have bounced from the $7,000 range up to $9,241.
Having dialed back the money puffing, the market will soon begin to react, we figure. Stock buy-backs are already drying up and many companies with “good earnings” have done more in accounting than on the shop floor to pasty their earnings.
Are there subversives and traitors on the loose? Of the sort that went on an “urgent tour” to Jordan and Afghanistan the weekend of October 21st and which, perhaps following the
“connections being made” allowed the Trump administration to take down not one, but two ISIS terror leaders. I have questions for Shifty I’d like to ask – with a voice stress analyzer on…
What I’m getting around to is that there are “bad things lining up on one side of the boat” and that seems to us – at the moment of potential capsize to some – would be the inflection point, or moment of highest risk, for a false flag “context changer.”
Toss in that video that talks about the potential for an attack on Seattle Sunday, November 3rd, and it’s a time, we think, to pray for a happy future.
Toss in the nuclear standoff between India and Pakistan, where this week “Countries backing India will be hit by missile: Nuclear war threat by Pakistani minister” was making the rounds.
We are in “nuclear prime time” on the 72-year war/dramatic social change model. A kind of “anything goes” region of expected outcomes. Good time to be wary.
Fed Dialing Back Money Growth
To the end of August, the Fed was “making up money” basis the 3-month M1 annualized at a 7.6% clip.
We notice that in the Thursday report, it was down to 7.0 for the week ending October 21…might that “hiss the balloon” a bit soon?
I also have noticed a shift in the tone of some of our reader comments in the past couple of days. An underlying and growing anti-government context.
Nothing violent, but a lot of venom about income tax and other “symbol of authority” kinds of issues. This shows up as the few remaining “see both sides” people are becoming in very short supply.
Could it be the left thinks it is winning on issues like impeachment and the border?
Set aside Thursday’s tax-wasting witch trial vote and look at border headlines, just as a “fer-instance.” Washington Post’s headlining “‘Bodies flew everywhere’: A border chase shows role U.S. citizens play in immigration smuggling.” We view this as a slippery ploy at best. Because while yes, American criminals are making a boatload at the border, what about those foundations of politicians on both sides that rake in money and one way to do that is “working” the open border mess? Oh, those don’t get mentioned, do they? Naw…
If the “shaming Americans” angle doesn’t work, let’s try poster-childing, shall we? Why look! (Again) Here comes the NY Times with “Detentions of Child Migrants at the U.S. Border Has Surged to Record Levels.” Yet, for all their pretense of self-righteous indignation, we figure they’ve again failed to mention that the problem’s roots are in Washington DC and with the illegal aliens working to bring in drugs for the cartels. No shame in any of that for We the People, except who we keep reelecting…
But, I suppose, they can’t hang the real blame on the perps. Too much of a business model this status quo, country wrecking stuff. Especially the ones who leak anti-Trrump stories from the West Wing who should (IMHO) be in Leavenworth or “at the wall” having a final smoke.
No, we have to be better at process than either of the co-opted political parties or the six corporations that spin the news.
If Congress had a “related Foundations disclosure law” maybe that would help. Find out how the Deep State pays its minions. Something truth “ Hunter’s” have been biden there time to find out.
Progressive Benefit Prisons
Want to really do something about crime and recidivism in America? Been thinking about something I call “progressive benefit prisons.” Goes like this:
Suppose someone is convicted of a violent crime. Should they just go into prison, and enjoy TV in the day room right away?
I was wondering if making inmates earn their way out wouldn’t be a better way to readjust them into society?
Imagine starting from a very awful first day in prison in solitary and then having to “earn your way up” from there? A vitamin pill, bread, water, no toilet paper.
After the anger wears off, some doable tasks to earn up to a more suitable meal, and some TP. But still, solitary.
When there’s been some evidence of polite social interaction with staff, then a move to a more conventional, yet still TV-free setting. Only limited books – books on values. Bible, Koran, all the major religions and some philosphy like Plato.
A “values test” and continued perfect behavior and another advance. Maybe to GenPop, with TV. Maybe to get there, a book and job training…
Finally, for the longer term, something almost like a country club. Still doing the time, but a year or two “in the club” to fine tune and look for predictive behavior warning signs.
Sure, civil libertarians will be pissed. “It ain’t right” they will argue. “Treat em all equal.” Oh? Like they treated people on the outside? No, criminality needs to be punished and something I observed in my news-chasing days, a lot of people on the inside are there because they missed some of the key learnings of life. Lack of parents, busted homes, drugs, horrid divorces, and sure, toss in a load of substance abuse pushed by gangs.
But what if, just as an idea, we instead of mollycoddling everyone equally, we put them through a process to grow them back into productivity? Help them get and retain the lessons missed in their lives…
Oh, well. It’ll never work. People get wrapped up around their emotions and, so wrapped, can’t come up with new ideas and solutions. Self-blinding. The liberals will argue cruelty prevents such radical ideas. But you know what? I can’t think of anything worse for several young men I know than being slammed “into the system” and once there, being so-labeled for life.
Yeah. Ruining lives is a business model. And there’s not an officer of the court on any of the three sides (pros. def. and judges) who can convince me otherwise. It’s a business model and it’s a growth industry. And it’s fixable. They need D.I.’s.
The hand-wringing press is culpable, too. They only want to report the battles, not try to end these “wars between humans.” Just makes me sick.
I know former inmates who have told me directly “I wish I had toughter parents when I grew up…” Well, once you stumble and fall, the liberal cause will ensure your doom. So go read David Goggins’ book Can’t Hurt Me: Master Your Mind and Defy the Odds and man-up. We really can fix things. It’s just there’s too many people making too much money to fix it, just now.
Walk With Me
Governments worldwide are tone deaf. They don’t hear the people. Take the land of the kneelers. England. Brexit was voted on in 2016 and a majority want to leave the European Union for, among other things, virtually unchecked immigration. Ever since, the political class has been slipping and sliding on their own bullshit, unable to do what the people voted for. Oh, they whine about cost to UK GDP and all kinds of other crap. And in today’s latest: “General election 2019: Farage calls on Johnson to ‘build Leave alliance’” which makes even American democrats look…well, maybe it doesn’t. Deaf Political leadership globally is why a Global Online Uprising is brewing and Digital Mob Rule just a few steps away.
Back in 2012, I talked about the coming end of the global Internet in Broken Web. Skeptics take note: Russia’s Sovereign Internet Law Comes Into Force. Additional details in An Overview of the New Russian Laws Coming into Effect in November.
We need gag orders on late night TV when there’s a pending trial, don’t you think? As the Trial of Donald Trump continues by the left-wing lynch mob on TV. Too real for you? OK, try Nancy Pelosi and Hillary Clinton talk impeachment on late night. Same dif, though.
Circular Finance: Let’s see: A country is involved with an oil company, gives its people money to pump up the share price so the country will be worth more? Is that how this works? Saudi Banks May Lend To Saudi Investors So They Can Invest In Saudi Aramco.
And don’t forget this is fall back weekend. Most Americans Don’t Want to Adjust Their Clocks Twice a Year, a Poll Finds, and you can count us in that crowd.
My alarm clock didn’t go off this morning, but the 4 AM alarm cat did. Zeus wakes me up when he thinks it’s either time to get up and write or to pour him some cat food. Elaine says it’s like raising a child. (Not sure if she meant Zeus or me…)
Ahead Around Here
(not sure that’s not a new lowpoint in headline writing..) Feature in Peoplenomics tomorrow is on the decline of actual work. And Sunday here on Urban, more on “The Digital Ascension.” Will there be only 144,000 phone-free people left?
Write when you get rich,