And he is a big mean son of a bitch. The economic meltdown is about to begin (or has begun) depending who what you watch for indicators. I have been saying the meltdown is coming but have never put a time frame on it as I believe timing is not as important as knowing it is going to happen and start positioning your self to survive.
Now many prominent stock analysts are saying now is the time for the crash to begin. Watching event in the markets for the past few months should give you a clue. Up down ,up down day to day the long term trend is down world wide.See this list of analysts saying the jig is up.
Here's another analyst that has never issued an all out warning but he is now. The last time he felt this bad about where we are headed was in 2008 but then he only told his parents. This time he is telling us all to hang on we are going down. He furnishes lots of charts to back up his case , look them over and decide for yourself.
Take a look at commodity prices worldwide. Every thing is is free fall and I mean everything.
This analyst uses Glencore (the largest commodity on the planet)and he predicts this company is toast and it's downfall will start a cascade of failures across all sections of the economy.
It's always good to have company when calling for a major downturn and the links above do just that.
A long time ago I attempted to under stand at least some of the theories out there. I got some idea how they worked but I was limited by my math ability. But never fear common sense may work better than math. Gut feeling are powerful things and my gut been boiling for a long time and have been expecting a huge downturn at the end of this cycle. Today I am at the point where I think the end has begun and there is no place to hide your funds (if you are lucky enough to have some). I'm to the point where you start digging holes in your backyard to hide your loot. Or you could just stock up stuff to tide you thru this mess.
This is going to get ugly and fast.
Wednesday, September 30, 2015
Tuesday, September 29, 2015
OUR FUTURE IS IN THE TOILET
ENOUGH IS ENOUGH. I can barely tolerate backward baseball caps, bodies that read like a book, 3 day beards that look like you to lazy to shave, body piercing on every body part imaginable, pants hanging below your butts, way pregnant ladies with too short t shirts and their obviously more, but you get the point.
Now futurist are predicting that by 2050 people will be having more sex with robots than other humans. Now a question , Why does sex with a robot feel much worse than sex with a blow up doll. I can't explain why it is, it just is.
Japan seem to be the leader in developing these things and polls seem to say they don't relish sex with other humans. Porn is everywhere and polls say half of all internet searches are porn related. So I guess it makes sense to go this route.
Research seems to say that here in the US many married fold get bored with bedroom activity after just a few years of marriage. The success of on line dating sites, and even sites for cheaters gain in popularity every day.
So I guess if you plan on being around in 2050 you better start saving your coin now , the robots are coming (maybe) and they will be expensive. Now here is a business tip for free. Starting now develop a sex robot rental store, like lease to own or perhaps a Red Box for robot rental. Thankfully I won't be around to see it.
Now futurist are predicting that by 2050 people will be having more sex with robots than other humans. Now a question , Why does sex with a robot feel much worse than sex with a blow up doll. I can't explain why it is, it just is.
Japan seem to be the leader in developing these things and polls seem to say they don't relish sex with other humans. Porn is everywhere and polls say half of all internet searches are porn related. So I guess it makes sense to go this route.
Research seems to say that here in the US many married fold get bored with bedroom activity after just a few years of marriage. The success of on line dating sites, and even sites for cheaters gain in popularity every day.
So I guess if you plan on being around in 2050 you better start saving your coin now , the robots are coming (maybe) and they will be expensive. Now here is a business tip for free. Starting now develop a sex robot rental store, like lease to own or perhaps a Red Box for robot rental. Thankfully I won't be around to see it.
Sunday, September 27, 2015
REPUBLICAN INSANITY
So a large percentage of our republican candidates are certifiable is not up for debate. Across the board with an exception here and there they are all hawks who would rather bomb Iran, put troops in
Syria and start a war with Russia. I think they better rethink all of those.
Bernie Sanders says it might get worse with Boehner not around and he might just be right.
Most of the republican candidates are avid bible thumpers and I'm ok with that till they start claiming that the earth was created in six days and religion can be used to determine if you can spy on them without a warrant. One of the current leaders in the polls (Ben Carson) actually said in a speech that Darwin's theory and the Big Bang were inspired by Satan. Yeah sure.
Across the board they have not much to offer us. Thinly veiled attempts to repeal Obama care are still happening and their platforms have nothing to offer the common folk.
Syria and start a war with Russia. I think they better rethink all of those.
Bernie Sanders says it might get worse with Boehner not around and he might just be right.
Most of the republican candidates are avid bible thumpers and I'm ok with that till they start claiming that the earth was created in six days and religion can be used to determine if you can spy on them without a warrant. One of the current leaders in the polls (Ben Carson) actually said in a speech that Darwin's theory and the Big Bang were inspired by Satan. Yeah sure.
Across the board they have not much to offer us. Thinly veiled attempts to repeal Obama care are still happening and their platforms have nothing to offer the common folk.
THEY HATE TEACHERS AND ARE OUT TO DESTROY THEM AND THEIR UNION
It's the teachers they scream and their goddamn unions that are causing so much trouble in our underachieving schools. Now I have knowN what the problem is for a very long time but somehow the MSM school adminstrator's don't get it.
It all started in Chicago by our current Secretary of Education Arnie Duncan brought forth his magic wand to fix Chicago's schools. His target of course was teachers and their Unions. His first act was to pick a school fire the entire staff, from teachers to janitors and replace a majority of them with privately (trained?) teachers who of course are paid less have no unions and very few rights.
They did a lot of bragging of how great this was going to make our schools. Closing many schools creating dangerous treks to schools no longer in their neighborhood. Today they are still tinkering with the system with huge budget cuts to further complicate the problem.
Finally there is a study that says they were full of it and performance is more a function of the economic status of children. Poverty stricken neighborhoods are the cause of poor performance , gee what a surprise. There have been many pilot programs but the one I will now site was done in Baltimore where they rehabbed 5 schools fixed them up bought lots of computers. At the time I thought gee this might actually work. Sadly after a period they proved to be no more effective than the old schools what was obvious is that what did not change was the economic status of the neighborhood.
Now I'm sure there were some shinning stars that the system produce but nothing like they were promising.
Parents nationwide are in open rebellion they don't like what this is doing to their children and believe it causes teaching the test in stead of teaching the subject. At a hefty cost of 1.7 billion they are not producing the desired result. Under the threat of loosing their federal money if there is not 95% participation in the tests some school districts are not meeting the standard , none have lost their funding.
For my money this is a lightly veiled attach on teachers pay and benefits and against their unions who fight for them. Who will be next in this attack, nurses , government workers . They have destroyed and made ineffective a lot of unions and I'm sure they are not done.
The testing in the schools is trying to be used to evaluate teachers just from their test scores. Trouble is they don't have any idea how to do that. Using test scores as the primary tool for evaluation just don't cut it in my book.
The fury of trying all kinds of crazy stuff to fix the schools when the real problem is poverty have destroyed a few generation of kids. I believe this all started in the 70's with the introduction of the new math and the new reading program. My kids were in the system in those days and some of us fought valiantly to stall the implementation of both of those. Reducing math to 1's and 0's didn't make sense to me as I didn't see how that would apply to the average lifestyle unless you were a computer geek. Checkbooks aren't digital and neither are the prices in the grocery store.
It got worse from there, four hours a night of homework was torture plain and simple and deprived the kids of sleep, causing them to sleep in class or at least not pay attention. On top of that they forced the kids to pack all their stuff in backpacks and lug them to school in the guise of making the schools safer. These programs effectively destroyed childhood as they left them with no time for play.
Needless to say none of this worked because they didn't fix the main cause POVERTY. Until they address that nothing will change. I would like to suggest that a good course in COMMON SENSE is in order to bring some sanity back into the system.
It all started in Chicago by our current Secretary of Education Arnie Duncan brought forth his magic wand to fix Chicago's schools. His target of course was teachers and their Unions. His first act was to pick a school fire the entire staff, from teachers to janitors and replace a majority of them with privately (trained?) teachers who of course are paid less have no unions and very few rights.
They did a lot of bragging of how great this was going to make our schools. Closing many schools creating dangerous treks to schools no longer in their neighborhood. Today they are still tinkering with the system with huge budget cuts to further complicate the problem.
Finally there is a study that says they were full of it and performance is more a function of the economic status of children. Poverty stricken neighborhoods are the cause of poor performance , gee what a surprise. There have been many pilot programs but the one I will now site was done in Baltimore where they rehabbed 5 schools fixed them up bought lots of computers. At the time I thought gee this might actually work. Sadly after a period they proved to be no more effective than the old schools what was obvious is that what did not change was the economic status of the neighborhood.
Now I'm sure there were some shinning stars that the system produce but nothing like they were promising.
Parents nationwide are in open rebellion they don't like what this is doing to their children and believe it causes teaching the test in stead of teaching the subject. At a hefty cost of 1.7 billion they are not producing the desired result. Under the threat of loosing their federal money if there is not 95% participation in the tests some school districts are not meeting the standard , none have lost their funding.
For my money this is a lightly veiled attach on teachers pay and benefits and against their unions who fight for them. Who will be next in this attack, nurses , government workers . They have destroyed and made ineffective a lot of unions and I'm sure they are not done.
The testing in the schools is trying to be used to evaluate teachers just from their test scores. Trouble is they don't have any idea how to do that. Using test scores as the primary tool for evaluation just don't cut it in my book.
The fury of trying all kinds of crazy stuff to fix the schools when the real problem is poverty have destroyed a few generation of kids. I believe this all started in the 70's with the introduction of the new math and the new reading program. My kids were in the system in those days and some of us fought valiantly to stall the implementation of both of those. Reducing math to 1's and 0's didn't make sense to me as I didn't see how that would apply to the average lifestyle unless you were a computer geek. Checkbooks aren't digital and neither are the prices in the grocery store.
It got worse from there, four hours a night of homework was torture plain and simple and deprived the kids of sleep, causing them to sleep in class or at least not pay attention. On top of that they forced the kids to pack all their stuff in backpacks and lug them to school in the guise of making the schools safer. These programs effectively destroyed childhood as they left them with no time for play.
Needless to say none of this worked because they didn't fix the main cause POVERTY. Until they address that nothing will change. I would like to suggest that a good course in COMMON SENSE is in order to bring some sanity back into the system.
TALK ABOUT THE FOX GUARDING THE HENHOUSE
SAUDI ARABIA has been chosen to head the UN Human Right council. The nation that practices inhuman treatment of it's own citizens. From beheading to crucifixions to severe lashings far in excess of the severity of the crimes. How can they possibly sit in judgement on anyone else when
they practice such severe treatment of their own.
It's just another sign that the world is going totally nuts. This one for now takes the cake.
they practice such severe treatment of their own.
It's just another sign that the world is going totally nuts. This one for now takes the cake.
Saturday, September 26, 2015
ANOTHER BACKFIRE
Supposedly the low oil prices were brought on by a deal between the US and Saudi Arabia designed to bankrupt the Soviet Union, unintended consequences was the destruction of the US fracking operations. The fracker's have a very high cost of production approaching 70 to 80 dollars a barrel so at 40+ they are going broke very fast. Unable to gain financing to keep on going they have to fold.
The original story of a deal with Saudi smells a little as would the US prompt the Saudi knowing that prices that low would destroy US fracking. The thought crossing my mind is perhaps they knew that and actually wanted to destroy them to limit the negative effects of fracking.
If the game was to destroy Russian oil operation they blew it big time as Russia's cost of production is only $4/barrel. Although it crimps their budget they are just pumping more to make up the difference.
Now the news if filtering out that Saudi and are making a compact to control the oil markets even suggesting that Russia might join OPEC.
What ever the reason it happened the end result was hugely mistaken.
Applying sanctions did not achieve the desired effect they thought it would bring. Russian response was to apply sanctions of their own causing havoc in the EU. Agricultural products from the EU were cut off and guess what the Russian response was. They began funding small farmers backed by large chunks of money. Along with banning GMO crops the program has caused 100's of new small farming operations mostly organic farms.
So with one desired effect of the sanctions not happening one would have to count this another foreign policy mistake one of many during the Obama administration.
The original story of a deal with Saudi smells a little as would the US prompt the Saudi knowing that prices that low would destroy US fracking. The thought crossing my mind is perhaps they knew that and actually wanted to destroy them to limit the negative effects of fracking.
If the game was to destroy Russian oil operation they blew it big time as Russia's cost of production is only $4/barrel. Although it crimps their budget they are just pumping more to make up the difference.
Now the news if filtering out that Saudi and are making a compact to control the oil markets even suggesting that Russia might join OPEC.
What ever the reason it happened the end result was hugely mistaken.
Applying sanctions did not achieve the desired effect they thought it would bring. Russian response was to apply sanctions of their own causing havoc in the EU. Agricultural products from the EU were cut off and guess what the Russian response was. They began funding small farmers backed by large chunks of money. Along with banning GMO crops the program has caused 100's of new small farming operations mostly organic farms.
So with one desired effect of the sanctions not happening one would have to count this another foreign policy mistake one of many during the Obama administration.
Thursday, September 24, 2015
PLAN OF THE DAY=WORK TILL YOU DROP
More and more older Americans find they have to stay in the work force do to lack of a retirement plan other than SS. I'm sure you have noticed who is doing the greeting and running the cash registers at your favorite shopping designation.
It ain't by choice they are working it's because they have to since most retirement systems have gone by the wayside. It doesn't look much better for those coming up behind us old folks. Work till you drop is what today and the future look like.
College education or not a large chunk of today's young are facing the impossible task of working low paying jobs and saving for retirement. Something like 30% of recent college grads are back living with their parents , looking with sadness when their monthly student loan bill shows and all hopes of eating that month disappear. Saving for retirement is not a consideration when you don't make enough money to do anything but the bare essentials.
In the big cities like New York and San Francisco a large chunk of the worker bees can't afford an apartment , they ban together in groups and rent a house that is divided into mainly sleeping rooms and a kitchen. Most jobs in these cities don't pay enough to even think of buying a house.
Looking into the future if the predictors are right , there will be less and less jobs as robots take over up to half of today's jobs.
Which leaves me with several questions. What will these unemployable folks do? Who will provide them with the necessities of life? Today's unemployed and homeless struggle through each day while politicians haggle over the few scraps they will give them. What when a majority are not working who will these greedy corporations have left to buy their junk. Seems to me they aren't even thinking about that . their only concern is the next quarters profits and how big their bonus will be.
Looking at the world today a large chunk is at war, millions are being uprooted and trying to find a country that will let them in. Once their in what will they do? The Eu is mired in a depression and even China is slowing way down. Every chart on everything is headed to the basement. It looks day by day the Next Great Depression is upon us.
How did we get out of the last one. FDR's New Deal pumped money to the people , created jobs where there were no jobs. Some of those jobs gave up most of out large dams and other public works that a stingy conservatives wouldn't even consider. In the beginning the economy picked up and then conservative pressure forced him to ease up and renew the down turn. It took a war to get us completely out of the ditch, hardly a good choice.
With the drums of war sounding in many spots in the world ,where most of the trouble was caused by us or our bankers it would appear they are ginning up a big war with Russia or China is what they have in mind to fix the depression .
There is a fix standing in the wings, Bernie Sanders and his massive programs are just the ticket out of this train wreck. If you haven't checked him now is the time to do it. He can win he only needs your support to win,
It ain't by choice they are working it's because they have to since most retirement systems have gone by the wayside. It doesn't look much better for those coming up behind us old folks. Work till you drop is what today and the future look like.
College education or not a large chunk of today's young are facing the impossible task of working low paying jobs and saving for retirement. Something like 30% of recent college grads are back living with their parents , looking with sadness when their monthly student loan bill shows and all hopes of eating that month disappear. Saving for retirement is not a consideration when you don't make enough money to do anything but the bare essentials.
In the big cities like New York and San Francisco a large chunk of the worker bees can't afford an apartment , they ban together in groups and rent a house that is divided into mainly sleeping rooms and a kitchen. Most jobs in these cities don't pay enough to even think of buying a house.
Looking into the future if the predictors are right , there will be less and less jobs as robots take over up to half of today's jobs.
Which leaves me with several questions. What will these unemployable folks do? Who will provide them with the necessities of life? Today's unemployed and homeless struggle through each day while politicians haggle over the few scraps they will give them. What when a majority are not working who will these greedy corporations have left to buy their junk. Seems to me they aren't even thinking about that . their only concern is the next quarters profits and how big their bonus will be.
Looking at the world today a large chunk is at war, millions are being uprooted and trying to find a country that will let them in. Once their in what will they do? The Eu is mired in a depression and even China is slowing way down. Every chart on everything is headed to the basement. It looks day by day the Next Great Depression is upon us.
How did we get out of the last one. FDR's New Deal pumped money to the people , created jobs where there were no jobs. Some of those jobs gave up most of out large dams and other public works that a stingy conservatives wouldn't even consider. In the beginning the economy picked up and then conservative pressure forced him to ease up and renew the down turn. It took a war to get us completely out of the ditch, hardly a good choice.
With the drums of war sounding in many spots in the world ,where most of the trouble was caused by us or our bankers it would appear they are ginning up a big war with Russia or China is what they have in mind to fix the depression .
There is a fix standing in the wings, Bernie Sanders and his massive programs are just the ticket out of this train wreck. If you haven't checked him now is the time to do it. He can win he only needs your support to win,
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