“Say what?”
I’ve been moaning and groaning for several weeks about how America is in a pitched-battle between the elected “constitutional” government and upstart Digital Mob Rule on the Internet. (See our Fourth of July graphic here, if you’re not following.)
Just yesterday, another HUGE social media manipulation as a woman climbed part of the Stature of Liberty – all in an effort to swing those soft-in-the-head toward the Digital Mob’s Social Dream of no borders. Say WTF?
Predictably, the Webolution-sympathizing press are making her a “media darling.” Good thing, too, because the teacher who rudely interrupted the lunch of the EPA director last week was getting to be, oh, you know: “old news.”
Meantime, social correctness continues to keep headline writers from telling it “like it is” reporting “undiluted news.” Instead pabulum-like PC headlines like Police launch dragnet for 3 non-US citizens accused of raping Ohio sisters. Non-US citizens? Oh, deary me…gee gosh, which country are they from? Why look! One from Mexico, the others are sketchy but you know how to bet, we hope. Notice carefly how the headline waters down “illegals raping” into…whatever you call that headline?
In the “socialist webolution” truthful reporting is…tisk, tisk…just not done! Linguistic bullshit works like this: (Someone has to ask and since no one else wants to stand up!) Why does the headline even USE the word “citizens” when they are not? Propaganda hasn’t been this obvious since the Soviets. FMTT.
As we have said before, Here we are on the precipice of sliding into the Second Depression – since “printing out way out of disaster” in the 1920-1921 market-break analog – the Housing Bubble Bust – we are seeing the social nuts going to extremes.
“Yeah, yeah…whatever…So where does Uganda fit in?”
Just getting to that: Ugandan President Yoweri Museveni figures (like we do) that social media is bad. Very, very bad.
Shear brilliance! Hell-yeah!
Donald Trump ought to bring him to the White House and congratulation him on a workable idea to shut down the digital revolutionaries. Nobel Peace Prize for neutering a global revolution, too, as we see it!
Lacking a solid economic platform, experience, or a grounding in history, the main armament of the “left-clickers” is their re-posting and re-tweeting. Un-taxed and highly persuasive.
And since the (arguably deficient) ‘Merican mass media can’t think its way out of an email server, they just count re-posts (not realizing they are mostly automated bot) and assume Karl Marx and Molotov have finally come to this once-Great land. I’ll spot you New York, but not elsewhere….well, except Kalifornia, maybe.
Musevani’s answer is graceful. Tax this social uprising foolishness! Use people’s egos to pay off the National Debt!
A progressive tax would be ideal. In the US we could start with first 3 posts per day free. After that? Tax FB and Twitter at a buck a post.
Help me with the numbers here: “4.75 billion pieces of content shared daily as of May 2013 which is a 94 percent increase from August 2012.” according to this site. In terms of manipulation, sharing counts like posting because it “virals” things.
OK – worldwide number. Let’s say a billion posts per day in the USA. Maybe 100-million US users? Less 3 per day free….so 700-million per day at a buck a post (or share). That’s $255-billion in revenue per year. Oh yeah…more than lunch money!
Of course, that same source points out that there are 83-million fake profiles and in the interest of evening up tax collection, why not (as long as we’re cleaning out the social stall) outlaw fake online ID’s? I mean, who’s going to argue with that? There’s no constitutional right to fraudulent ID’s is there?
As we spin into the remnants of a fox-uniformed workweek, be thankful that Uganda sees the digital mob for what it is…Taxing it is the best idea I have heard yet – doubly-so if coupled with fake online ID’s being made a felony. I assure you, when the law firms start tracking down the sources of slander and defamation, the web will quickly go back to being what it once was.
Useful.
Nobel Prizes in Economics and Peace for Uganda’s president Museveni? Well-deserved!
A Side of Employment Numbers
Here we go: ADP and Challenger job figures. Since Challenger is the cuts, let’s roll that one first:
Now on to the ADP Hiring data.
Private sector employment in June was up 177,000. Here’s the drill-down into the ADP numbers:
About 16.4% of the jobs created were goods producing. Last year, same time, goods producing was up only 13 percent. But before hitting the bubbly, realize it’s a “noisy” statistics. Obama, for example, carded a 22% gain in goods producing jobs in June of 2014. Two years later, O was down to 4% so one month does not a round of golf make.
GOLF SIDEBAR; Am I the only one who thinks it kinda strange that two Golfers in Chief aren’t having at least one golf round every year or two? Just strikes me as another symptom of deepening social divisions… Back to point:
Tomorrow morning, we get the official numbers. Little early for popcorn and brews, but we’ll see if we can get an exception ginned up…
Toughening on Trade
We presume you know that what turned the “recession” of 1929 into a full-on crash was a combination of a) stupid Fed, b) drought, and c) tariff warfare?
Yes, kiddies, the more things change, the more they remain the same.
On the stupid Fed, trying to raise rates while crossing an economic long wave bottoming process never works. In case no one’s reminded them, the three discount rate hikes in 1928 set the stage for the manic blow-off and then collapse beginning in late 1929. No change in IQ’s at the Fed – though computation money-dynamics have improved. Still, since “raising rates” at the mid-June meeting, an inspection of the 10-year bond yield will have you looking for bridges and high buildings. The street-level economic fundamentals are….know what stuck means?
On the Drought, weather is wonky and that’s all there is too it. More on that along with the federal job numbers tomorrow.
So now we get to tariff warfare. Today’s “reader file.”
Some of the warfare is local. Take Singapore proposes fines on Grab, Uber, says merger harms competition.
Some is cartel and oil pricing: Trump to OPEC: ‘Reduce pricing now!’
But the bigly is: U.S. ‘opening fire’ on world with tariff threats, China says.
Then Why a Rally at the Open?
Because, dear reader, the market will always let the commercials buy low and sell high.
My sense is they will run it up (to sell short tomorrow perhaps) and then as things crash down over the weekend and into next week, they will make small fortunes as they always do on “the churn.” Short from higher levels…following?
The S&P closed the last day of 2017 where? (2673.61 according to my trading book.) With the Friday close, 2713.22 the S&P has returned 1.48 percent YTD. In our own account, same time-frame, we’re up 13.89% because we pay attention.
Which reminds me: Most people talk about “Wanting to get rich!” But notice sometime how insincere and fulla-crap they are. Making money in the market takes time in study, evolving a method that fits your personality. But, it ain’t THAT hard.
See: It’s easy to life to yourself. But you can’t bullshit the account balances.
With so many victims of left-wing education – where accountability is bad and incorrect – we are sufrfering lazy throngs on social media with damn few putting in the actual hard – between the ears – work to really make something of themselves.
And why is that? We live in what?
A World of Suckers
Latest proof that scamming is still going well – if you missed Bitcoin: Hundreds duped in free house give away scam in Detroit.
Speaking of the digital tulips (and currency of the webolution). Back to $6,635 this morning. Unlike real mining, crypto mining just pours in ungodly amounts of energy and cobbles up a story. That’s the hardcore deal. What a sickening waste of resource, huh? And yes, of course cryptos contribute to global warming, but you won’t hear the resident lefties talking that point to the social mob…they’re out to crook ’em. See how asymmetric thought-warfare plays?
Wired reported in late 2017 (in part):
“It means Bitcoin emits the equivalent of 17.7 million tons of carbon dioxide every year, a big middle finger to Earth’s climate and anyone who enjoys things like coastlines, forests, and not dying of mosquito-borne diseases.”
But hey, what’s 35.4-billion pounds of carbon among duplicitous enviro-scammers, huh?
So, here we sit with our grid-tied solar that has run UrbanSurvival and Peoplenomics since 2008 and still not a crypto to our names. We must be counter-revolutionaries for sure. Honest, walking the talk, but counter-revs.
Guilty.
Just one thing: I find you can work up a hell of an appetite countering revolutions, so off to eat some red meat and free-range eggs. Moron the ‘morrow, as we say. Coronary obstructions, notwithstanding.
Look at the 6 month SPY Chart on YAHOO Finance to see the Head & Shoulders reversal pattern develop.
If this is true, would SQQQ (3x NASDAQ 100 SHORT ETF) be a buy at this time?
Things seem to be moving slow or is it just summer time.
Taxing social media will only put posting in the hands of the people who have the money to post. In other words…nothing changes. I post daily on social media for three reasons…1. To post my real estate successes. 2. To show potential clients of the type of person I am…branding. 3. Post pics for my extended family in the midwest. I would say that 90% of the posts I see on Social media do the same. And that was the original intent…except maybe the number 3 on my list was Zuckerbergs original vision. I also boost my real estate posts to the tune of a few extra hundred dollars per transaction…and I see a measurable return. It’s not fair to tax me…I already pay for the boost part. It is a big part of my marketing budget. I don’t want to pay more so my family can see their kids and grandkids posts.
The proper way to control your webolution is to separate the normal guys like me and the bots. Tax the bots. As long as we are in tarrif mode… Tax the foreign posts (Russians) They have all have security measures and algorithms to monitor all of this. And to make things fair and balanced…label the type of posts…if it’s from a political action committee…label that…if it is an everyday post like me or my family…label that. This is already being done to separate the paid content from the Non paid posts. This gives us a choice of whether we want to view it or not.
Taking it a step further…like a newspaper’s “sections”…main, sports, business, Local etc. insert tabs or buttons on Social Media…like…Everyday, Political, News. Then people can choose what tab they want to view…my bet is 90% will choose “everyday.” The news and political will have little to no readership. We as consumers can rely on that from the traditional news sources.
I don’t understand the rationale of posting private pictures on “social media”. They’re far better posted on a private, password protected web site.
I have an issue with even governments using facebook, et al, to communicate, rather than using their own, currently existing websites. Anyone, including businesses, governments, and individuals can be censored or posts altered at will. Users of these platforms are not customers, they are simply product/content.
There is none. It is an ignorant practice. Every photo and video becomes part of the “desert dossier.” Back in the ’90s, the concern was “online stalkers.” In the 2000s, with the change in Yahoo’s policy which granted Yahoo copyright to any personal or private media posted through its groups, forums, pages, and Yahoo Messenger, the concern became “corporate theft of private content.”
There’s always been a reason not to post personal stuff in an open forum. It’s always been a less-than-good idea. The fact farcebook archives everything, including PMs and “private” content, in an indexed, crosslinked, crossreferenced, searchable database to which they sell access, is all which should need be said.
Funny thing is, I’ve had even some of my geek friends tell me “there’s anonymity in sheer numbers. They can’t see everything.” One of these, with whom I worked on several different security related projects in the ’90s, scratch-wrote an SQL database / proggie for a major corporation, the function of which was to make their millions of customers’ data available in NRT, by crossreferencing and crosslinking the database to a searchable index…
On your 1929 crash redux…I think Trump is still following the original game plan set forth by Steve Bannon…Back in February of 2017 Bannon said…
I am a Leninist.” He was talking to a New York university academic who had written extensively on communism and the former Soviet Union. “What on earth do you mean?” the professor asked him. “Lenin wanted to destroy the state and that’s my goal too,” replied Bannon. “I want to bring everything crashing down and destroy all of today’s establishment.”
George, All the signs you so adroitly pointed out are leading to this Redux.
is I it possible that we are in for a reset? Is that the plan? And why? What would be the purpose?
Steve Bannon is a believer in “The Fourth Turning”…..read that book and you will know what is coming!
I agree with your comments on taxing social posts. Too bad we have the best government that lobbyists can buy.
Brilliant, but NO free 3 posts per day! Tax FB and Twitter at least a buck (per line!) posted.
IMHO, of course.
Just think of the free time that would be created – time in which we could get back to being smart, on point, edjumacatered. N ot in the current saocialist just us clown festival.
Nah, [there’d be] no higher yield of productive time. Everybody’d just play Pokemon…
Father Malachi Martin said if you walk thru NY City you will see many who have sold their souls to Satan. You will feel the coldness as you pass them by.
Major Ed Dames when he remote viewed Satan indicated that those who sold their soul to Satan, when they die, they will just cease to exist, & not suffer eternal punishment.
It’s pretty obvious, as Brandon Smith (latest article – http://www.alt-market.com/articles/3463-trade-war-provides-perfect-cover-for-the-elitist-engineered-global-reset ) has been saying for several years now, that the interest rate hikes are INTENDED to crash the US stock market. Then the IMF’s SDR bailout rescue will reset the current reserve currency with the new global currency. The only explanation for raising interest rates that makes sense. The trade wars fit right in to support the crash, and Trump becomes the scapegoat..
Anonymity on the web is essential for reasonable privacy while still accessing information. There’s no reason to allow an entity to scrape your real identity and every document you ever read. That’s wrong.
Perhaps there’s more merit in requiring ID to post, but even there you massively limit information transfer, and that’s bad for business most of the time. I make (hopefully)useful comments knowing that very few know who I really am. I’d do few to no comments if my real name was public knowledge. It’s one of many reasons that I’ve never had a facebook account. There’s too much track and trace already. We do need to reduce the problem of shills, trolls, and bots, but not at the expense of a relatively free internet. The biggest single danger that’s not well recognized comes from the data aggregators that stitch together hundreds of pages per individual to create dossiers of all aspects of an individual life. These have little if any fact checking and IMHO are an unwarranted invasion of privacy.
BTW, the crazy female that climbed the Statue of Liberty is allegedly an alien from the Congo. Just something to know. Regarding the rapists in Ohio, if their alien status is not stated clearly along with a physical description, how will they ever get caught?
I agree.
Among others, I’ve a well-developed and matured online persona who “lives” in Bangalore (because it’s just plain fun to say — go on, try it: Say “Bangalore” right now. See? Told ya!)
This was SOP for the cybergeek and cypherpunk communities for dropping in anonymously on H/C/P/W sites and other sectors of the “dark web.” We used PGP for ID verification when we communicated as ourselves (v2.3 for DOS/*NIX, Cyber-Knights Templar [int ver] for newer OS’ – not backdoored, C-KT uses an 8192bit key, and unlike RSA & DES, they’re not written by the U.S. gummint.) ‘Haven’t used any of this stuff in years, except the ‘nym under which my farcebook is registered.
I have never posted to FB; never liked or favorited anything, and never will. Its sole function in my life is to enable myself and my kids to contact one-another when no other means is available…
Bought more digibyte.
watch your Bitcoin chart ,
study your Bitcoin chart from the many years passed ,all the way to the present and tell me what you see there, do you see the slow unsteady Rising and falling but each time it rises it reaches a new Plateau.
Study the charts.
Bitcoin and all of its top alternate coins will outlive most of us if your over 40 years old.
There is a war over Bitcoin and who do you think’s going to win.
the owners of Bitcoin who have it stashed and stored where no one can touch it.
Let’s see you do that with a tulip
And 3rd when your Banks fail in the stock market corporations go bust Bitcoin and the top alternative coins will be worth so much more and they’re stored on Cold wallets for they can’t be touched or found unless you use a remote viewer or psychic to find them and then they have to find or know the key that opens it up that doesn’t sound like a tulip to me .tulips don’t last very long and neither do banks has there always going under or merging same thing with stocks there always being merged with another one just like Verizon took over Yahoo . Bitcoins going to be around for a long time especially for the younger generations.
not everyone in the world is able to use your stock market money making technique so that means the rest of the world has to survive somehow because the stock market is owned by a few people at the very top of the pyramid and if you’re satisfied with that then you’re satisfied but for those other people who aren’t satisfied with that and once the top of the pyramid to be reduced then Bitcoin is the answer to help the world nudge forward into freeing up patents ridding the use of oil I know you say no way that’s going to happen. But I and most of the people that are being set free by the internet now know there’s a different way then oil.
Check me if I’m wrong , but didn’t we USED to have a “tax” on Facebook and Twitter ?
I very vividly recall the days of parents getting $1,000.00 phone bills because junior was tapping away on the Internet.
Then along came unlimited texts from the cell phone companies. After that , everybody and I mean everybody at every stop light
/sign on every road in every car started tapping away freely. Same cost !!!
I’m sure the data mining types and alphabet agency types won’t appreciate less info for our files , but screw them.
Get rid of unlimited texting cell phone plans. It’s a win win win win for us ALL !!!
( go ahead , fire away )
Find your place on the chart:
http://nolan.jimeyer.org/nolan_example.php
https://www.nolanchart.com/
News missing from the national mainstream (the posters are also making immigrants their flashpoint:)
https://www.mercurynews.com/2018/07/04/white-supremacist-posters-appear-in-saratoga/
From a Florida ER doctor:
Today I had a 25-year old with 8 kids – that’s right 8, all Illegal Anchor Babies and she had the nicest nails, cell phone, hand bag, clothing, etc. She makes about $1,500 monthly for each; you do the math. I used to say, “We are the dumbest nation on earth,” Now I must say and sadly admit: WE are the dumbest people on earth (that includes ME) For we Elected the Idiot Ideologues who have passed the Bills that allow this.
Sorry, but we need a Revolution, If the Illegal Immigrant is over 65, they can apply for SSI and Medicaid and get more than a woman on Social Security, who worked from 1944 until 2004. She is only getting $791 per month because she was born in 1924 and there’s a ‘catch 22’ (notch) for her. It is interesting that the Federal Government provides a single refugee with a monthly allowance of $1,890. Each can also obtain an additional $580 in Social Assistance, for a total of $2,470 a month. This compares to a single pensioner, who after contributing to the growth and development of America for 40 to 50 years, can only receive a monthly maximum of $1,012 in Old Age Pension and Guaranteed Income Supplement.
Maybe our Pensioners should apply as Refugees! Consider sending this to all your American friends, so we can all be ticked off and maybe get the Refugees cut back to $1,012 and the Pensioners up to $2,470. Then we can enjoy some of the money we were forced to submit to the Government over the last 40 or 50 or 60 years.
PLEASE SHOW THIS TO EVERY AMERICAN TAXPAYER YOU KNOW
Dear Mr. Ure,
“The tribe has spoken.”
You may have noted the recent tragic passing of three social media personalities in a waterfall accident near Vancouver. Early indications are that the party placed itself in a dangerous situation without regard to proper system operating procedure safeguards.
I still remember elementary grade school instruction offered by the now-retired character, “Elmer the Elephant”, to look both ways before crossing a street. A CBC report quotation from one of the deceased’s social media account captures the “action without consequence” mentality of their social media demographic. “Life isn’t about responsibilities, tough decisions and hard work, it’s about feeling bliss and living in the moment”.
http://www.cbc.ca/news/canada/british-columbia/shannon-falls-gamble-lyakh-scraper-1.4734497
fake online ID’s being made a felony
Already a thing in some states. Wisconsin has such on the books but no one charged at this point. Wisconsin Statutes 943.201(2)(a). The benefit – use of the service.