Saturday, October 31, 2015

Reports Of My Death Have Been Greatly Exaggerated….. But The Death Of Globalization Is Not.

One of my favorite quotes from Mark Twain. No, I’m not dead. But I have been taking a hiatus. I’m going to try to get back to a post a week or so. Lot’s to talk about. Too much, actually. But on this Halloween, let me keep it brief. I visited my family last week and the small community I grew up in has been obliterated over the last 30+ years by the massive corruption of the U.S. government, Wall Street and state-propped up corporations. What used to be an incredibly wealthy, educated community of generally blue collar workers is now a heroine, meth, bath salts capital with massive unemployment, underemployment and, maybe more importantly, no hope for many.  It is a shithole for many. But, people try their best and most are very proud people who have done whatever it takes. These are the people who made America great. And the state has just about taken everything from many. That’s a very dangerous dynamic as history tells us. In ancient Athens, in France and elsewhere, those people rose up and expired the political and economic aristocracy. Let’s hope that what remains of our constitution can be used to reform our society without the madness. We shall see.

When I was a small child I had my first experiences with neoliberalism. I saw many of my family members and friend’s parents lose their jobs as factories began to shutter and jobs were moved to relatively cheaper options; be that in the U.S. or elsewhere.  Most of this was accomplished through mergers and acquisitions. One visual I will never forget is my best friend’s father, a single parent raising two boys, with no money, no hope and no ability within his control to save his own dignity after his job disappeared because the company could move their factory elsewhere. Memories of his two boys, him and me standing in his kitchen with him near the breaking point are something I will never forget. I might have been 10? Don’t tell me kids don’t see this.  Kids live substantially through the experiences of their parents and caregivers. What is a small child to do? That memory still haunts me. I think I’ve only told one other person of this, my mom, and that was years ago. But there isn’t a year that goes by when I don’t think of that moment half a dozen or more times. That man was one of the most decent people I have ever met. Now, he eventually found a way to make it to retirement by bartering and odd jobs but he never did find another stable form of employment.

Off the top of my head there were probably seven major local employers in that community of 10,000 people. I’ve added this up with the help of relatives and there were probably about 5,500 good paying jobs in those employers. People from other communities and the countryside worked in that town.  The factories were generally unionized and they had retirement plans. And most were locally-started and locally-owned. You could roll out of bed when you were 18 and get a job where someone invested in you, trained you and made you a productive asset in society. The school systems hadn’t yet been destroyed either. Nor had the fundamental social fabric as is the case today.  Today, only one major employer and it has been thrown around like a hot potato. It has been owned by many major multinationals and is now owned by the largest steel producer in the world, Arcelor Mittal.  For those of you who don’t know, Arcelor was probably the largest steel company in Europe through acquisition. Mittal was the largest steel company in India through acquisition.  Arcelor Mittal is a company that is headed for the dung heap. As I have noted many times, the mergers and acquisitions bubble of the last 20 years is incredible. Maybe $200 trillion plus globally in size. It is going to pop. Mark my word. Arcelor Mittal and most of these other massive firms are on borrowed time.  Other the last ten years one of the major themes on here is that we are in the midst of the “end of big”.  The dinosaurs are nearing extinction, be that the state or state-created firms that are propped up by rigging the game for the benefit of state actor. (As as aside, what if that money had been spent on human development and rebuilding our communities instead of useless financial wizardry?)

Anyhow, the only manufacturer left is a pretty large steel mill. It produces highly-specialized products and is tied in very tightly with globalization.  The talk of the town today is about this mill. For the last 10+ years, I believe this mill has been running three shifts, seven days a week. By the end of the year, I was told they will be down to one shift. A family member knows one of the local executives quite well. He told my family member that everyone who was hired in the last 7 years, or possibly more, is going to be released by the end of the year. I told my family that those jobs are never coming back. Ever. That is, unless we see this economic system collapse or defeated by humanity. (Which WILL happen. The universe is already well on its way to dismantling this great evil.) I don’t know how many people will be laid off or if they were running the same production loads on all three shifts or what, but I can imagine this could be quite a few hundred people.  If they were running three shifts at full production, it will likely be a whole lot more than that. The reason given was a slowdown in Chinese orders.

Can you imagine how that is going to impact the local economy and the ripple effects it will have?  Do you think Obama or Paul Ryan or any of these other political dunces are going to save those people? Hahaha. That is an effing joke. Politicians and the state destroyed the lives of those people. How many thousands and millions of examples of this are happening around the world? What is a Washington politician, thousands of miles away, going to do to solve the millions of unique, individual issues that people have across this nation? They can’t. It’s an impossibility. The only way humanity will ever be able to do that is by recreating community. And that means taking their power back from the state, politicians, bankers and corporations.

You can’t believe any of the mainstream media’s bullshit. And you can’t believe politicians because they are the ones feeding the media the bullshit.

It’s coming.

posted by TimingLogic at 8:18 AM links to this post

Sunday, September 27, 2015

Is An Ice Age On The Way?

Well, first just a comment about my last post’s reference to diapers.   It’s becoming that time to load up.   Because October has the potential to be a very unnerving month for financial markets.   We aren’t going to see a 90% drop in one month that I am forecasting as a low for this cycle, but we could see markets rattled to the point that confidence in politicians and central bankers is destroyed.    Well, more broadly, that confidence in institutions of the ego are destroyed - corporations, religious hierarchy of any kind, politicians, the military-industrial complex, institutionalized hierarchical science, anti-democratic hierarchal debt-base money and on and on and on.  They are all intertwined.  They are all artificial control creations of the state.

There is ample evidence much of what mainstream science believes about climate is bullshit.   That is not a political statement.  Or is it?   I guess it is since the comingling of science and the state has led to this brainwashing and fraud we used to call science.   Politicians like Barack Obama, the United Nations and the Republican Party don’t understand the first thing about science.  Their minds operate on the ego’s intent of control as do all people who seek power and dominion over others.   What they understand is control.    We see that quite clearly as they have their jack boot on the neck of humanity in countless ways.   The climate diatribe being just one of them.   Everything touched by the state, by politicians or by corporations is a lie.  The world has become a mass delusion.   That means every social construct and every meme we believe is probably a lie.   Why would the climate meme be any different?   It’s a ploy by state liberalism to control the world.   And given no climate scientist would have a job without government funding, because there is no private market for climate science, we are guaranteed a political outcome.    I find it unbelievable how many people can’t see through these deceptions.   In the U.S. climate science would line the pockets of banks through carbon trading similar to Enron, it would guarantee a cap on economic development in undeveloped nations, thus enslaving them to developed nation’s rent-seeking economic endeavors and it would give politicians total control over another aspect of our existence.  

The sun plays the major role in climate as far as science understands.   Period.   Even NASA has reported this and I have linked to one of their detailed scientific reports at the National Academy of Sciences on this topic.    The earth and sun (as well as the solar system, the galaxy, the universe and possibly even life on earth)  interact in ways that we clearly don’t yet fully understand.    Frankly, we don’t really understand a lot of anything.   But continued discovery or an open mind and an open heart should be our intent.   That is, rather than institutionalizing control theories that often end up enslaving humanity to more flat earth nonsense from ignoramuses like politicians, corporate bureaucrats and the like.  

Do you see that third little bluish-green dot from the left in the picture below?   That’s earth in comparison to the sun.   The sun is a million times larger than the earth.   That is a number that is meaningless as our tiny little heads have a hard time appreciating what that means.   This graphic helps.   Now, get out your electron beam microscope.   Do you see all of the people on that little dot called earth?    There are 200 million square miles on earth.    All of humanity would fit into a one mile cube on the face of the earth.  So, if the sun is a million times larger than the earth, and there are 200 million square miles on the earth’s surface, and we can fit all of humanity into one of those 200 million squares, just out of curiosity, how much do you think the earth’s climate is impacted by the sun versus people?   That is, even if carbon dioxide was a greenhouse gas.   Which, many substantial scientists still doubt.  And, if you really appreciate how little we understand, and how the atmosphere is not a closed system in a lab where data can be easily ascertained, then you appreciate that too.   The earth’s atmosphere is not a closed system in a lab.   It’s a complex system that self-regulates through interactions with the universe in ways we really are clueless about.      


I had some conversations with a gentleman some years ago who compared human-caused global warming to Lysenkoism.  If you have never heard of this, I would suggest you consider reading this Forbes article because it will make you very uncomfortable with the state of science given the comingling of politics, the state, corporations and the the search for truth that is the fundamental basis for science.    There is no such thing as complete certainty and there is no such thing as the science is settled.   That the global warming crowd guarantees us such certainly tells us how much it is driven by the ego’s intent of control rather than our higher power’s search for truth.

Before I continue on, I want to share a recent experience.   A month or so ago I was invited to dinner with about ten other guys.   I only knew one of them.  Five of them were PhDs in the sciences.   Everyone but one had a degree in the sciences.   I was seated next to a gentleman who was introduced as one of the top climate scientists in the country.    I guess he has been on TV and in the media circuit quite a bit.   Anyway, a super nice guy.   You know what’s coming next.   So, as we started to chat amongst ourselves I asked him the obvious question.   Are humans mostly responsible for climate change.   His answer was that he was afraid so.   Because otherwise, if it were of natural origins, temperature or CO2 would have abated by now.   Okay, now I know everything else out of this guy’s mouth is going to be bullshit, nice guy or not.   Why?   Because the Vostok ice core samples going back hundreds of thousands of years show very long cycles of elevated CO2 and temperature.   And as noted in many scientific journals, CO2 always  lags temperature by about a thousand years.   So, what does that tell us?   The science is not repeatable, that CO2 is a dependent variable whose action is based on temperature or some other independent variable, and therefore, any assumptions about CO2 the mainstream climate community has today are bullshit.   Just sayin.

So, I asked him how much he factored the sun into his analysis.  Flat out, the answer was no factoring at all.   I then asked him if he knew that the Max Planck Institute had released a report that showed in the last 60 or 70 years that the sun has been more active than at any time in the last 8,000 years.   He had never heard of that.   And then I asked him if he knew that the sun had now collapsed and by many estimations was as weak as it had ever been in the last 1,000 years but definitely weaker than anytime in the last 250-odd years.   No.   Now, this wasn’t the Spanish Inquisition, but what the hell is a climate scientist anyway?   And if they don’t study the sun’s effect on earth, WTF are they doing?   I didn’t make this a whole table discussion meant to embarrass the guy and I stopped before the punchline, but I was asking honest and important questions and he was clueless.    This shows how little climate science is vetted and peer reviewed.   If he stood in front of a crowd of scientists and tried to pull this bullshit, he would be destroyed.   His reputation would be irreparably harmed.    He’s no different than any of the other idiots shoving this politically-motivated climate drivel down our throat.   Now, I see some of these “scientists”, ahem, want to start putting people like me in prison for being a denier.   That works out well with the fascist, communist bowl of rot and corruption that defines the state.  

Rather than continue babbling on, let me provide a few links that have come up over the last handful of months on the topic.   A long time theme on here is that we will live to see the day Al Gore loses his Nobel Prize for bullshit science.   Just like Obama mocked science and truth with his Nobel Prize for running more aerial bombing missions than any other president in history.   That includes World War II.    Another long time theme on here is that we are headed for a cold and dry climate.   That has been a them for a lot of years and well before any of the massive droughts we are seeing around the world.   It’s coming. 

Is an ice age on the way?   Why, yes it likely is.

Pluto wags its tale  Pluto may be the most powerful planet in the solar system.   And as its secrets are revealed, new theories about the solar system and the universe will almost certainly unfold over time.

Ionosphere collapses  While this was back in 2008, I wanted to highlight this for a reason.   One of the theories that some real scientists have postulated is that heat is allowed to escape into space and is thus regulated in our atmosphere.   If  this is true, then a collapsing ionosphere may contribute to a colder climate.   But, the ionosphere is largely driven by the sun.   So, when this was noted back in 2008, the sun had collapsed with an unprecedented-in-modern-times zero sunspots for quite some time.   The universe is connected.   And many of our simple-minded theories are going to collapse. 

ABC News apocalyptic climate forecast for 2015   This ties into the next link as well.   This is something I have talked about quite a bit.   If you can’t produce consistently replicatable results, then it isn’t science.   It’s opinion, beliefs, ego, self-deceit, lies of the mind or whatever you want to call it.   The human-caused global warming crowd has made a lot of predictions based on their bullshit models.   And literally every single one of their predictions has been wrong.   When Einstein came up with the theory of relativity, it was tested and proven.   Now, are there flaws in the testing or the theory?   Who knows.   But, from what we know today, it is replicatable.   Just like every single time you turn on your light switch at home, a light comes on.   

75% of mental health science is bullshit  While this isn’t directly applicable, it does prove how pervasive junk science is.   This is due to institutionalization and the dynamics that come with it.    That includes the profit motive, the career motive, the advancement motive of class & hierarchy, the motive of tenureship tied to production of published works and on and on and on.   By the way, it is also a long time theme on here that mental health science is dubious at best and bullshit at worst.   It doesn’t take a rocket science to understand that if the mental health community only can develop a cure rate of 2-5 percent for any kinds of illnesses, (statistical noise that is effectively zero percent cure rate) that the underlying theories and science are preposterous.   Mainstream, institutionalized mental health is ridiculous.   And so is pumping everything full of mind-altering prescription drugs to habituate humans to the endless emotional, spiritual, social and physical violence of modern state-created society.

posted by TimingLogic at 9:48 AM links to this post

Friday, September 11, 2015

Money And Markets Update: Three Peaks And A Domed House On The Value Line Index?


Value Line Index – click on image for a larger view


Vale Line Index Domed House – click on image for a larger view

Link to daily updated Value Line Index chart #1

Link to daily updated Value Line Index chart #2

As usual, an introductory paragraph of general thoughts for the day.  Isn’t it obvious by now that no one in the system has any clue what’s going on?   The system’s “experts” keep telling us everything will be okay or will stabilize or be contained.  Most recently the Chinese prime minister told the world that they will not have a hard landing.   And that the communists have methods of ensuring that doesn’t happen.   Bahaha!!!  You mean like the Soviet Union?   The ignorance and arrogance of that statement is palpable.  What else is a bureaucrat to say?   I was flicking through the channels about a year ago and I came across the Anthony Bourdain traveling food show.   He was in China so I watched a little of it.   I remember one point from that show.   (paraphrasing) One of the guests, who was Chinese, told him that the future was incredibly bright.   That around 90% of people in China believed their prosperity in coming years would only increase.    How’s that working out for you?   Given society, especially communist Chinese society, is the Borg, that statement should be very telling.   The universe has a long way to go in shattering that delusional belief system.  All of these experts tell us everything will be okay but none of them ever anticipate anything that ever happens.   Well, other than everything will be okay when something blows up in their face.

Above are two charts of the Value Line Index.   I thought I would throw this up before the remainder of my financial market updates because of the timeliness and urgency of markets.  As I’ve noted before, I have shut down my trading system.   It was just too expensive to maintain unless I was using it to make money.   And as noted on here mid last year, I am out of financial markets.   Likely forever.   So, I don’t have access to any of my algorithms anymore.    That is mainly why I am out of the intermediate term and shorter term forecasting business.   I don’t have the data to accurately or intelligently remark of markets unless I am using generally available analysis like government data or the charts above.   But I do want to share a pretty big secret hidden in plain sight that will give anyone who is still in the casino the ability to make some pretty accurate and intelligent decisions.    What am I talking about?  The Value Line Index.

Value Line is a lost name in the financial world.  It’s a company that has been around nearly one hundred years but you never see it mentioned anywhere anymore.   When I was a kid I remember sending away for these massive binders they would sell at introductory prices.   They were stuffed with enormous amounts of data and information about stocks.   Value Line was an incredible gem at that time.   With the rise of the internet in the last 15 years or so, I really don’t know what Value Line offers.   But I’m sure it’s even more voluminous. 

One of the gems of Value Line is a nearly anonymous index called the Value Line Index.  People who have been in financial markets more than the last fifteen years or so, and who are savvy market sages will clearly recognize the name of Value Line as a leader in market research.  The Value Line Index is an equally weighted index of about 1,600 high quality companies in the U.S.  (I have provided permanent links to the index that you can save into your browser bookmarks if you like.)    But what is unique about the Index is that it is equally weighted and comprised only of high quality stocks.   In the last twenty years Wall Street has brought forth so many useless trading products, derivatives, ETFs, bonds trading as stocks, companies that shouldn’t be traded publicly and the like.  Obviously, all to feed the profit beast.   So, the Value Line Index is really a unique look at the overall health of markets as it whittles away all of the junk and noise that has become the major stock exchanges.    The Index also serves as a perfect cumulative advance-decline line given all of the companies in the index are equally-weighted.   So, the index will only move higher if the majority of company stocks are moving higher, regardless of their size.   Within the Index, a small company is weighted equally with the largest company.    Simply by looking at the trend of the index, you can tell if more high quality stocks are rising or falling.   Included on the charts are 200, 50 and 20 day moving averages to get a better visual of the trend.   The legend of which is what color is in the upper left corner of the charts.  

This is pretty important because all of the advance-decline lines generally available are junk.   They include so many things other than high quality stocks.  ie, ETFs, bonds trading as stocks, ETNs and the like.   I created and programmed my own advance-decline data because of this.  And that is why I noted on here some years ago when everyone was saying that we were getting all of these Hindenburg Omens, that they were wrong.   The Hindenburg Omen was a rip-off of Norman Fosback’s work and he did not calculate his work using the flawed metrics that people use today in Hindenburg Omen calculations.    My point is that the Value Line Index works better than the NYSE or Nasdaq advance-decline lines and is a very powerful tool.   

In the first chart I have highlighted in yellow what looks very much like a Three Peaks and a Domed House pattern.    I haven’t applied that term to any indices in the U.S. since leading into the 2008 collapse.    There is a very technical interpretation of that pattern that tries to lay out dozens of points but it’s a lot of drivel.   But, the pattern itself is a repeated pattern.   ie, Markets start to top and form smaller peaks, in this case three.   Then, as a last bit of hubris hits buyers at the very end of trend, there is one final exhaustion push higher in a rounded or Domed House that then leads into eventual collapse.   Is that where we are today in the Value Line Index?   Well, that’s for you to decide.   But, I bring it up for a reason.   With liquidity around the world evaporating at such an incredible, and literally unprecedented clip, this has all of the makings of a massive top.   

On a shorter term basis, you can see from the close up on the second chart that the 20 day moving average or 20 day price trend is pointing straight down.  And the 50 day or 2.5 month moving average or price trend is barreling right behind.  Draw your own conclusions.  (Moving averages help you better see trends) 

The Value Line Index uniquely gives the health of markets in an environment like we have been in the for the last two decades or so.   That is, when derivatives, program trading and massive market liquidity allows Wall Street and major hedge funds to buy the entire market through the proverbial  push of a button.   ie, Computer trading.   Historically, the Value Line Index may not provide such a clear picture of market health.  Certain sectors may be in vogue.   And markets could levitate or go higher without the majority of stocks going with them. (Those are long lost days when stock pickers and fundamental analysis actually mattered.) But with everything either going up or going down, as it does in this liquidity bubble and computer trading that it allows, the Index is the perfect barometer for those without a lot of quantitative and qualitative knowledge of markets.    By the way, all of this computer trading in the world today is going to fail.    All of it.   I’ll put up a post on why quantitative finance must  mathematically fail at some point.   But it’s coming.   Guaranteed.   And just as I have noted many times, the only thing that will save you in a quantitative finance bubble is qualitative understanding of what is going on.   That means a fundamentals-based view of markets.   That doesn’t exist almost anywhere anymore.   The world, especially in finance and economics, has gone full bore retard.   No one knows how to read a balance sheet, an income statement, an earnings statement or, more importantly, all of the footnotes aka lies that we are being told in today’s dystopian world.   No one in the financial, political or economics Borg really has any idea what is happening or how profound this moment is.

In closing, just for giggles, well, and for the horror effect, below is a 25 year chart of the Value Line Index.   Horror because, as I have noted ad nauseam on here, the U.S. economy peaked around 1975-80-ish.   (Large details on that eventually)   You get a longer term perspective on the Three Peaks and a Domed House pattern in the chart below.  On this monthly chart, the index has clearly made a major breakdown.   Will it be temporary?   Will central banks and politicians find a way to overcome evaporating liquidity in the biggest financial bubble the world has ever seen?   Well, I guess that depends on if you believe in saviors.   The world apparently does because we’ve all give our masters unprecedented power over our lives.  And look what they have done with it.  

By the way, the Value Line index has made a lower low on the second chart above.   If it fails to overcome that and make a new higher high, personally, if I had money in markets, I’d make sure to stock up on as many boxes of diapers as I could find.  Because the next stop down is probably around 3,000 on the index as shown on the third chart below.  Ultimately, I would expect the Value Line Index to break the 2002 and 2008 lows.   Just sayin. 


posted by TimingLogic at 12:04 PM links to this post

Thursday, September 10, 2015

Is A Coup d'Etat In The Works At The Vatican?

It seems that The Vatican is in the press regularly.   And not always for good reasons.  This article about the internal division points to what the truth really is.   That is, the Vatican is a hierarchical control construct that derives its power through institutionalization.   And, it too may be nearing collapse as all hierarchical institutions of control teeter on the precipice.   It is quite plausible that The Vatican could collapse from within as its power structure (the ego’s intent of control) turns against itself.  Regardless, institutionalization means that any hierarchical bureaucracy perpetuates itself through violence.   The internal power struggle at The Vatican is exactly that.   The new Pope appears to have certainly unleashed a firestorm within The Vatican bureaucracy.    Capitalists especially hate the Pope for calling out the basic tenets of capitalism - greed, profit and money - as the devil’s dung.   This Pope is highly political.  And his foray into global politics has offended nearly everyone in power around the world at some point or another.   

I noted right after the  2008 collapse that the unity shown by global “leaders” would eventually give way to them turning against each other.   Ahem.    I wasn’t talking about The Vatican but isn’t that what is going on here?   All hierarchical systems are control systems.   Those who run them are not public servants or servants in any regard except to institutionalization.  ie, Dogma, orthodoxy, the appearance of order, contrived rules, etc.   They have a primary interest in their own pathological intent of control - rank, title, class, powers and privilege.   When that power is threatened, those who are institutionalized will defend that power through violence.    Every now and then a true public servant may slip through.   Not very often.   And when they do, you will know them by being universally attacked by hierarchy and class.   How much selflessness and Godliness (love) are involved in these petty political power games at The Vatican?   None.   It is all being driven by the all-consuming self or ego and its pedantic and inane vacuousness.

If The Vatican experiences substantial crisis or outright collapse this cycle, and I am quite confident it will, mostly for reasons not yet discussed, that doesn’t mean Catholicism will collapse or local Catholic churches will collapse.  But who knows.   We do know that local churches are generally not hierarchical.   That is, unless its local leadership are not truly servants are instead pathological or driven by their own intent of power and control.    There certainly are plenty of lunatics in this world.   That some of them end up in religion isn’t an indictment of religion but rather an indictment of hierarchy and class.  The old saying that more people have died in the name of religion really is an indictment of hierarchy and class.  And, in actuality, more people have died in the name of the state, which is the ultimate manifestation of hierarchy and class.   Hmm,  Isn’t The Vatican a state?    Just sayin.

posted by TimingLogic at 8:54 AM links to this post

Monday, September 07, 2015

A Labor Day Post: The Ingrained and Unmindful Ignorance Of Class Exceptionalism And State Privilege

There is a myth out there that within this economic system we all have some great ability to create this life of wonderment including a wonderful career that we love.   The reality is someone always has to plant and pick the food we eat.   Someone needs to mine the raw materials we use.   Someone needs to take the dirty sheets from privilege’s hotel room.   Someone needs to slave away in a factory with a few short breaks a day while spending the other eight to twelve hours sitting or standing in the same spot doing the same repetitive task over and over and over again.   Someone has to clean the toilets.   Those are the “lucky” people.    They provide class and state privilege with incredible  entitlement.    They produce the phones, the   TVs, the clothes, the electronics, the cars, the gadgets, the consumer goods, the eyewear, the furniture, the homes and on and on and on that privilege and class consumes.   There are billions of other people who aren’t so “lucky”.   They are the marginalized who live in the world’s ghettos and shanty towns.   Those who have no voice because it is drowned out by the violence of the state and its concepts of hierarchy, class and privilege.    The reality is most humans, including the people who serve class and hierarchy, consume very little.   Very, very little.    They exist to serve people of privilege. 

Privilege.   There is a word that has meaning.   A professional career be it in the corporate world, the political world or whatnot, grants us privilege.  But that career is built off of the back of exploitation and violence.    There are a lot of people who recognize the dangers of exceptionalism as a belief system.  The Japanese Empire, Nazi Germany, the British Empire, the Roman Empire, the American Empire; they all have belief systems surrounding exceptionalism.   This belief system is necessary for class and hierarchy to rationalize (ego) economic & social violence and even outright warfare on others who aren’t exceptional or who are the untermensch, the subhuman or the exploitable.  What most people don’t recognize is that exceptionalism is also part of  political Islam, fundamentalist Christianity and corporate capitalism.   Essentially, any hierarchical construct operates under the tyrannical yoke of exceptionalism to perpetuate its violence.   The state is just the ultimate example because it is the greatest, most recognizable perpetrator of violence in the world.  

Going to college in this system does something to our psyche.  It generally makes us willfully ignorant.   We believe we have made it.   That we no longer have to toil at the meaningless, mundane and rote.   That’s for those lesser people over there.   But this is a myth.   If everyone went to college, no one would actually produce anything.  So, who goes to college?  The smartest?   Those who are exceptional?   Hahaha.    A lot of circular reasoning and moral rationalizing in that dynamic.    The division of labor that capitalism relies upon is a creation of slavery.   Which gives us a very clear picture of why corporations have actually used outright slave labor time and again throughout history.   Not just poverty wages but outright slavery.   The prison system in the U.S. today still is used in that regard.   But so are the poor Chinese, Vietnamese and the like who produce our wealth.

Interestingly, I had two conversations in the last week or so that floored me.   And both people were completely serious.   Both brought up the turmoil we are seeing in financial markets, expecting me to comment because of my background and knowledge.   I don’t really talk in any detail to most people about anything I write on here.   I simply commented to both that essentially there are structural economic issues that are coming home to roost.    One said that the United States needs a good war to rev the economy.     And another remarked, “What’s the problem? The smart people are successful and the stupid people aren’t.   It’s just Darwinism.”.   Now, neither of these people  are really outside of the mainstream.   Many people may not utter these direct words but they support similar violent belief systems.   They are also belief systems of exceptionalism created by corporate capitalism and corporate capitalist society.  The universe has a funny way of dealing with belief systems.   It’s called karma.      

This myth of a career and class-based exceptionalism is something that I have been writing could very well be nearing its end and may collapse if this class-based hierarchical construct we call corporate capitalist vanishes.    Loving what you do and creating a corporate career plays off of the dynamic of exceptionalism, privilege and human slavery that capitalism's anti-democratic division of labor has created.   This appeals to New Age yuppies who actually produce nothing and yet somehow believe in these mythical dreams created off the backs of people they exploit, or put another way, people who provide them with exceptional privilege that is fundamental to creating these wonderful careers.   New BMWs, two or three homes, sending kids to private schools, hiring nannies, going on glamorous vacations, over-consuming more than they produce;  these are all illusions.   In fact, there are people out there who write about peak prosperity and the like for America.   I’ve ridiculed that statement in the past because it’s laughable to believe the vast majority of people in this nation or around the world are experiencing peak prosperity.   Peak state violence that manifests itself as peak prosperity for the very few?   Possibly.  

If this system unwinds or collapses or is in terminal failure, life for the vast majority of Americans and people around the world will ultimately improve.   Because the vast majority of people consume very little and have very small carbon footprints.  But more importantly, being enslaved to this system, they lead a life of little higher purpose or meaning and can oftentimes do barely more than exist.    In fact, most people in this world who produce things are too poor to consume anything they produce.   How much production in this world serves class privilege versus democracy or humanity?    Almost all of it.   It’s the state actors and the very top of the professional class of bureaucrats who manage this control system who are consuming everything.    What is the carbon footprint of Steven Spielberg’s yacht or his endless real estate holdings or his annual consumption of goods, services, energy, etc?   Ditto for someone like Donald Trump?  While I’m too lazy to investigate that, I think it would be safe to say that Spielberg or Trump has a carbon footprint or consumption profile that would equate to upwards of tens of millions of people in the poorest places on earth.  Class is the virus that infects our planet.   Class and hierarchy are created through state violence rather than any natural laws or natural rights.

The American Indians had it right.  You kill what you eat.  Or, more broadly, you produce what you consume.  Or, you trade what you produce for what others produce.   The state and its creation of the professional class produces or plays a role in producing very little.  The political class produces absolutely nothing.   Most of the professional and state class generally push paper.   They are the enforcers in a system of exploitation for their corporate masters.  

The people on the other side of these pipe dreams of finding enrichment in mythical careers are the world's working class, mostly characterized as working poor,  who sweat away in all of these Godless and menial positions to provide for things that privilege and exceptionalism consume without any question of who is providing them their wealth and privilege or why they don’t have to toil away at meaningless, rote, mundane work.     If the professional class and state actors had to toil away for what they consume, the system of forced corporate work or wage slavery would disappear.  Because creating that life of privilege and doing what you love all of a sudden is replaced with the reality of having to toil away at meaningless, rote and mundane work.    Class generally produces absolutely nothing that society consumes, including what they personally over-consume in their rape of the planet and humanity, and creates literally zero tangible wealth, and has these meaningless egomaniacal desires for happy talk careers that grant them even more privilege while the undercurrent of working poor that slaves away on their behalf leads a gritty, dirty, raw life that helps one appreciate what it’s actually like to be a human being.    The people who are exploited for surplus labor and intellectual value don't have the luxury of these types of bullshit New Age fantasies of exceptionalism, careers and a life of leisure and endless ego-driven consumption and amusement.  They are worried about where their next meal is going to come from and whether their children are going to be able to have some ability to survive in this world without living in capitalism's gutter that the professional class and the state have placed them in. 

This is a Godless message of vanity and if people of class actually had to deal with the mundane and meaningless existence of providing for that which they over-consume, as the world's working class have to, they wouldn’t have so much free time to yammer on about fantastical delusions of careers, doing what you love and whatnot that is actually afforded to them through the slavery of others.   They’d be picking their own cotton rather than having their capitalist slaves do it for them.  

One thing to remember is that if this system is in terminal failure, the power will flip from exceptionalism and privilege (class, hierarchy and credentials like a college degree) to competence.     The exploited working class are the only people who actually know how to make things we need to survive.   Then we will see if they are actually as concerned about those of privilege and exceptionalism that exploited them now that the shoe would be on the other foot.   That would be very interesting.   But, given that most people not of privilege understand what it’s like to be human beings, I would actually expect most would still give them their shirts off their back just as they do today.   Because they don’t live under the delusions of belief systems of exceptionalism.   They live within themselves and, thus appreciate that to be truly human is to forgive, share and to love.  Because that is the only way they can survive.   The reality is it isn’t through Social Darwinism that humanity survived.   It was through being human which, when void of the ego’s tyrannical belief systems of exceptionalism, is innately altruistic.

What this world needs on this Labor Day is public capital, democratic economics and democratic economic determinism.    Then we can start to rebuild a just and moral world.  A world where people can return to being human beings.   Then we can stop relying on  anti-democratic slavery principles like the division of labor, and we can stop the endless wars that provide the looting necessary for those of privilege.   And on and on and on…..

posted by TimingLogic at 12:04 PM links to this post

Saturday, September 05, 2015

Newt Gingrich And The Political Class’ Intellectual Dishonesty (The Ego’s Immoral Rationalizations) On Political Corruption, Corporate Capitalism And 1776

For quite a few years I put up the same post over and again on Labor Day.   While this isn’t really a Labor Day post, per se, it is in the spirit of Labor Day.

Newt Gingrich recently penned an article in the Washington Times on American political corruption.   It’s actually not a bad piece if one appreciates half truths and lack of depth in what really happened in 1776.   Because if Newt actually talked about what the real issues were and are today, he would have to face himself in the mirror.   The ego is perfectly deceptive in recognizing the truth insofar as it doesn’t have to actually take any responsibility or it doesn’t threaten the ego’s own belief systems.    If Newt were truly honest with himself then he would have to excoriate privately-created, debt-based money, private banks and corporations in his look at 1776.  But to do that would take away his position at the table of class and hierarchy and turn him into a pariah that the system would excommunicate, marginalize, destroy or whatnot.  So the ego acts as the great deceiver to protect itself through its subconscious intent of control.    Because the fundamental reason why the British political aristocracy was so corrupt in 1776 was because they were doing the bidding of privately-created, debt-based money, private banks and corporations.  In other words, the reason why the British government was and remains so corrupt is because of corporate capitalism, a class-based invention of the state that relies on state violence (corruption and fraud) to perpetuate itself.     So, Newt, who actually has a PhD in history as I recall, is either ignorant of history, of which he is supposedly a credentialed expert, or he is simply being intellectually-dishonest with himself (immoral rationalizations) to serve the ego’s self-deceit and self-interest.   Almost certainly unmindfully intellectually-dishonest at that.   That’s okay.  We all suffer from the human condition and its endless hypocrisy and ignorance.    I am not a saint pointing this out.   Newt and all people in this world are worthy of the same dignities, justice, equality, empathy, etc.   But I certainly can say without equivocation that people with tyrannical belief systems in support of social violence, class & hierarchy and overwhelming self-interest are not the types of people we should be looking to as selfless public servants.  In other words politicians and people who seek political office almost certainly do not do so for the benefit of humanity.    Selflessless and politics, an institution of the ego or the self, are contradictions.     One cannot be selfless when bound by the  self.   One must rise above the foibles of the ego to become selfless.   Local, direct, participatory democracy void of politicians and political office is the only true form of self-rule.  (The Articles of Confederation were a good start.)   Without politicians there may be city managers or whatnot to ensure infrastructure operates properly but mayors, governors, congress people, kings, presidents and other political appointments would disappear.  Politicians are actually unnecessary and I would say there is a compelling position to make that they are even undesirable as I have numerous times on here.   We will see politics and politicians disappear from this world at some point because it is an institution of the ego or an institution of control.

What is most interesting about Newt’s remarks is that countless polls have shown the positive approval ratings of Congress have only been in the teens (or less) since Newt was in office.   In other words, nearly nonexistent approval ratings for Congress because the American people have known how rigged, corrupt and fraudulent the system is for a long time.   His “Contract with America” was one of the biggest con jobs of the latter twentieth century.   Some highlights of Newt’s curriculum vitae include residing over the obliteration of public financial support for those who could not find meaningful employment or people that capitalism had placed as wards of the state through its endless violence against the citizens of the world.  He resided over the deregulation of our financial system that has created a f^cking monster that is devouring American citizens, democracy and all of humanity.   He resided over the deregulation of the national borders of corporate capitalism that has resulted in the mass deportation of our democratic wealth and our democratic economic determinism by the king’s private bankers and corporations.  He resided over turning our financial markets into gambling casinos of massive fraud and corruption that reflect no semblance of economic reality.   And he resided over the creation of the bubble economy that can only survive by blowing all of these massive distortions eventually lead to busts, misery and collapse.   Not only did Newt preside over them but he was the Republican congressional leader who set the agenda to create them.   So, when Newt wrote this article in the Washington Times, he might have issued with it an apology to the American people and the world.  (How come these politicians can’t retire and go away?   Why do they keep inserting themselves into our lives?)    But, then all Newt and his political cronies were really doing was recreating the corrupt dynamics of 1776 he wrote about.   They were recreating a culture of corruption, fraud, graft, violence, exploitation and predation for the benefit of privately-created money, private banks, corporations and the aristocratic elite but instead of Britain they were doing it for the United States.   Corporate capitalism is the hierarchical control system through which class endlessly enslaves and steals from humanity.   In 1776 Britain was the home to Poor Houses, Debtor’s Prisons, massive poverty, social inequality, outright economic slavery, a parasitic class-based ruling political and economic elite, free trade to arbitrage wages and to exploit slave labor, a vibrant slave trade, debt serfdom and the like.    And that was the real reason for 1776’s events.   Umm, how was 1776 any different than today?  All of these forms of violence still exist.   But now they are worse because with the advances in science and technology, the state’s chokehold on humanity is all-consuming.   The reality is the methods may have advanced but the forms of control haven’t changed one iota.   The king and parliament (and now Republicans and Democrats) are simply the puppets through which state parasites “legally” pilfer and enslave humanity, and specifically, the working class.

Why is this so important?   Well, as it relates to writings and themes on here, there are a few points worth making.   One is that institutionalization and class & hierarchy (flip sides of the same coin), including politics and political parties, turns state actors into idiots who have no idea of the consequences of their actions and have no line of sight to the effects of their behavior.  That’s Newt’s problem.  But this  isn’t just a Newt problem.   This is a human problem.   There is no person on earth who escapes the human condition.   So, one must understand that granting anyone power over our individual journey will always result in ignorance, hypocrisy and incredible violence.  And if one truly understands this, not at the ego’s intellectual, rational or logical level, but at a higher intuitive and loving state of being, then you know without even having to think about it, intellectualize it or rationalize it through the ego, one recognizes that the state, hierarchy and institutionalization will always create systems of violence that will continue to collapse whenever their violence invariably becomes so unbearable that all life is forced into suffering under its endless exploitation.  

We can keep rebuilding these institutions and class that controls them, watching the universe collapse them, keep rebuilding them, watching the universe collapse them, keep rebuilding them and on and on over countless millennia or we can recognize that these institutions of the ego simply aren’t consistent with human freedom, participatory democracy or the laws the universe uses to govern the human condition, and so will always be destroyed.   Generally from within.    Then, maybe we can try something that is consistent with the laws of the universe or as our founders noted, the laws of our Creator.  In other words, sustainable and nonviolent.   As long as we keep rebuilding these Golden Calves they will continue to be torn down through karmic fate.  Always.   Forever.  The only answer is community based on nonviolence – emotional freedom, participatory democracy, equality, cooperation, compassion, dignity and the like.   

The world will never be free of war, violence, poverty and the like until humanity is free of the state.  That means free of politicians, political parties and political offices.  And the institutionalized violence, hypocrisy, ignorance (including forced conformity) they perpetuate on a massive state scale.  And as it pertains to Labor Day, the world will never be free of the suffering of the vast majority of working class people, their families and their communities until humanity is free of the state.  

In closing,  some may be wondering when I am going to chime in on Bernie Sanders and Donald Trump given my past predictions on here.   It’s coming.   When I get time.   For those who have forgotten or for newer readers, when Democrats were busy gloating with the election of Obama and Republicans were gloating at their midterm wins against Obama, I was writing that both political parties in this nation were going to collapse.    That was considered hilarious at that time.   I know because many people told me it was hilarious and preposterous.   The early stages of that are happening right now.    That’s Donald Trump and Bernie Sanders.  That is what is going on.   Trump ran as a third party candidate in the 2000 election before dropping out, as I recall, and Sanders has always run as an independent for his seat in Congress.   That they are both running from within the existing parties shows a level of astuteness on both candidates’ part.   But make no mistake, their messages and platforms, if successful, will destroy both political parties.    The parties are both scared to death of both of these candidates.   The parties will not be transformed.   They will collapse, experience terminal failure, disappear or whatnot.   What these two are doing is laying the seeds right now.    Both the Republican and Democratic Parties are registered corporations (hierarchical institutions of the ego) that only maintain their authoritarian grip on humanity by the “legalized” bribery of the political class by corporate capitalism and the aristocratic economic elite.  ie, Class and hierarchy.  

Karma is creating its own fate and has chosen these two men to start the process.

posted by TimingLogic at 10:37 AM links to this post

Monday, August 31, 2015

A Little More Pepé Le Pew

I want to add a few more comments about the China situation.    One of the long time themes on here is that China is in a Nash Equilibrium with the United States.   And that equilibrium was based on the self-interests of each party in a non-cooperative mathematical game.    For many years I have noted that equilibrium would eventually be broken.  China is the first to break it due to their evolving economic crisis.    China is far worse than anything being reported anywhere.   Time will prove that statement accurate.   Their capital economy has been in collapse since 2008; something noted on here in past posts.    I noted the uptick in consumption in China since 2008, rather than being a positive as was reported in the mainstream financial and economics news, was a sign of coming doom.    China’s monetary stimulus post-2008 was the largest in recorded history comparative to GDP.   All it did was lead to massive debt-fueled consumption as their capital sector was deflating.    This was predicted on here and now we clearly know this without any equivocation because China’s debt, which was meaningless in 2008 has skyrocketed about 500% since.   What this tells us clearly is that capitalism in China started collapsing seven years ago and they have been on a spending binge ever since trying to prop up their economy.  (Sound familiar?)    I’ll be writing more about this in some detail so that you understand this statement very clearly.   But, just some intrigue for now.   Some people will put my statements together to understand what I am talking about but very few people in today’s world actually understand economics or capitalism so much of what I will write will be new and disturbing.  

In the last week I have seen some really ludicrous reports that China is moving away from the dollar, that this global collapse is contrived and that there is a conspiracy of the Federal Reserve buying Treasuries that China was dumping.   Because otherwise the U.S. Treasury market would have had some degree of crisis with that much supply being “dumped”.  

Let me delve a little further into all of these.   First, they are all inaccurate.   China is not moving away from the dollar.   Period.   It is, in fact, raising dollars through the sale of Treasuries because of their liquidity crisis.   It’s part of the global unwinding I have been talking about for ten years.   They sold Treasuries because they need cash.  It’s no different than why we saw on unwinding in U.S. financial markets in 2008.   It’s a forced march to raise cash in liquidity crises.   There’s no conspiracy.   Just people that don’t know what they are talking about so they blame everything on conspiracy.    Buying yuan decreases supply and, therefore, increase its value.   Selling dollars against the yuan weakens the dollar by increasing its supply.  Both operate together to achieve China’s goals of propping up the yuan in the foreign exchange markets.  This is how China maintains the value of its currency.   This is a losing strategy that will ultimately fail.   The yuan is going much, much lower.   And the lower it goes, the less purchasing power China will have in the international market.   So, the greater metastasis we will see in their crisis.  

Eventually it is quite plausible as noted on here many times that China may be forced into liquidating their gold positions.    No one in international markets wants yuan right now.  Or rubles or countless other currencies.   Mind you, currencies of just, transparent and democratic nations don’t collapse.   Currencies collapse under fraud and corruption.    There is no virtue in China.   Not even in a currency backed by gold.   No one is going to want yuan even if it is backed by gold.   And soon, China will be forced to deliver more yuan in exchange for dollars.   That is, if anyone will exchange for yuan at all.   I wouldn’t give you a nickel for a yuan, let alone the existing rate of $6 because I know how utterly massive their crisis really is.   I would take gold in exchange for dollars if the Chinese want to offer it to settle trade.   Not yuan backed by gold but gold itself.   The potential promise of delivering gold to a yuan backed by gold would be a hilarity.    China is in no position to make any promises about anything let alone a worthless currency with a limited supply of gold.  How many times has the state defaulted on its promise to deliver gold for gold-backed currency?   Too often.   They can’t deliver on those promises and the world is now waking up to that fact.   Gold bugs should be worried.   Very, very worried.  

Additionally, China cannot back free of the dollar because they rely so heavily on U.S. investment and U.S. consumption of their mercantilist economic model.   That’s the reason why they own so many U.S. Treasuries.    Because they essentially pay us through loans (the purchases of Treasuries) to overconsume everything they make.   Otherwise we literally can’t afford anything they make for us.    They finance the United States’ purchase of their own overproduction.   And that has been a key point talked of on here regularly.    China is now trying to take this same economic model and spread it to all of Asia with the announcement of their Asian development bank.   And, as very uniquely noted on here, it is a Hail Mary that will fail.   You know it’s bad for any manufacturer when the only credit a consumer can get is from the manufacturer itself; that being China.    

Now, how does any of this big mess serve the average Chinese citizen?   It doesn’t.   It all serves the state.   It enriches the Chinese state and corporations who have enslaved China to capitalism’s overproduction schemes.    Do you actually believe people in China enjoy making your cell phones, clothes, car parts, electronics, furniture and everything else for you and me at $2 a day?   And then spending that $2 to live in the company housing and shop at the company store?   Why wouldn’t everyone on this earth be working first for their own economic benefit and that of their communities?  Why wouldn’t they be making these things for themselves rather than for you and I?   If the people in China  or elsewhere were free, they would be making those things for their own consumption and that of their local communities to consume or trade rather than making them for Americans.   But they aren’t free.   They are enslaved to the tyrannical dictate of China’s communist party and the pathological autocracy of both its and America’s corporate and state elite aka class & hierarchy.

Another long-time theme on here is that the U.S. and its allies are headed for confrontation with China.    Whether that is economic, military or both.   That call has been working out very nicely in the past few years with China’s belligerence in the South China Sea, endless hacking attacks between the two nations, endless theft of America’s economic and intellectual capital, China’s recent devaluation, tiffs with Japan, Vietnam, India, the Phillipines, etc,  rising nationalism (which I noted a decade ago was coming) etc.   Bernie Sanders and Donald Trump are both banging the drums of nationalism and just yesterday it was reported with little fanfare that Obama is readying unprecedented economic sanctions against China.  The rise of political rhetoric of who will stand up to China that has become so common in this country is patently absurd.   Why do we need to stand up against China?   As a free society shouldn’t we determine who we wish to trade with?   Why are we trading with a communist country that murders millions of its people?   The reality is the United States and western capitalism created China.   Now, they are threatened by its rise.   A regime that cannot be controlled and has its own designs on spreading its economic and military violence around the world.   It’s the exact same dynamic as Nazi Germany as I wrote many years ago.   Capitalism has no moral compass.   It is driven by all of the foibles of self-interest such as greed, megalomania, narcissism, violence, covetousness, vanity, hypocrisy, ignorance and on and on.   The capitalist class has no problem selling your soul or mine for a nickel.   And that is what they did with Nazi Germany.  They invested heavily in Nazi Germany and made huge profits.   They may have actually helped Hitler get elected.   They shared western technology that allowed Nazi Germany to wage war, and then democracy and humanity had to step in and sacrifice 50 million dead to stop the f*cking mess they created. (World War II)  And as noted on here many years ago, they have done the exact same thing today with China.   Now, who will be left dealing with the consequences of a belligerent, paranoid, repressive, dictatorial communist China?

Let me make some final comments about China being forced to liquidate U.S. Treasuries.   And who could possibly be the buyer for hundreds of billions of dollars of those Treasuries.  A lot of people have posited that the Federal Reserve was secretly buying these Treasuries.   While nothing is impossible, this is highly improbable and flat out unlikely.   The U.S. Treasury market is the most liquid market in the world.    Every major financial firm and nation trades in Treasuries daily.   While a few hundred billion dollars may be a large block trade, this could have easily been transacted with a private placement.   Or, it could have been done “at the market”.   In either case, this is a distress sale.   So, there is just about no doubt that the counterparty who bought those Treasuries made a killing at the expense of China.   If this sale was done openly, there were probably firms slobbering at the opportunity to pick up China’s holdings of Treasuries at discounted prices.   When you are a distressed and forced seller, you always get taken to the wood shed.   Always.  So, why would the Federal Reserve need to step in and buy anything when buyers were probably lining up around the proverbial block to get in line to buy from the bag holders in China?  

I’ve also seen conspiratorial and paranoid remarks in the last week about this global crisis being manufactured.   I’ve written about dozens of outcomes that came to pass in 2008 and have come to pass since.   I didn’t do that using paranoia and conspiracy.    I did that through understanding complex systems, causational variable inputs and associated outputs, and how the global economy works.   The only true conspiracy theory about this crisis that probably exists is the conspiracy theory in our minds.   There doesn’t need to be any conspiracy theory provided for any of what is happening around the world.   We willingly submit to corporate capitalism, private banking, debt-based money and the politicians who enforce this endless violence; all forms of anti-democratic control systems enforced through massive violence.  What conspiracy theory is needed to explain this?   We have given away all of our individual and democratic rights and our power to class and hierarchy or the state.   And we willfully submit to a system of economic slavery and massive emotional, spiritual and social violence because state propaganda tells us that is what free people do.    There needn’t be any conspiracy theory to explain anything.   We willfully accept our slavery and even play the role of useful idiots supporting it.   And the state didn’t even need to fire a single gunshot for that to happen.   But, now we are waking up.   And they can’t put the genie back in the bottle or put us back to sleep.

posted by TimingLogic at 8:17 PM links to this post

Thursday, August 27, 2015

The Plague, The Pope And Pepé Le Pew (China, Yuan, Empire & Central Banks)

The world is changing so rapidly that I don’t have the time to put up half of what I would like.   But as I have noted before, the vast majority of what is happening on a daily basis are just tremors of the macro outcomes I have been writing would eventually hit us.   You could shut everything out and wake up some time in the future and most of this stuff simply doesn’t matter.   The end state is set to some substantial degree.   It was decided by decades of actions undertaken by the state and supported by the people of the world either through acceptance and the benefits of ego it provided to them or through the lack of individual or organized resistance against the state.    But I do want  to insert a timely update on here about three items discussed in the past.  Hence the plague, the  Pope and Le Pew.  If you are concerned about the global economy and you read anything in this post, read Le Pew.

The Plague-

I try to put up as many unique posts as possible.   This is not generally a mainstream financial or economics blog.   Many of the positions taken or talked about are very unique and well beyond the drivel of what often happens on the Internet or in the press.   That is, everyone copying what everyone else is writing.    That’s really a sign of the times and another example of the lack of original thought and clarity that social conformity and groupthink of this world creates.   It is a sign of humanity being run off the cliff by a socioeconomic system that is in the midst of massive failure because of this very fact.    One topic I hit pretty hard on here many years ago was gamma ray radiation and cellular mutation.   In some regards, I noted that much of what is happening today with new viruses, outbreaks and pathogenic resistance was on its way.    To polish that off a few cliff notes from over the years, gamma ray radiation is the most powerful known energy source in the universe.   And gamma ray radiation is the only known cause of cellular mutation.    And science has been noting for probably a decade or so that the earth is being bombarded with never before measures of intensity of gamma ray radiation from deep space.    That includes  NASAs discovery that an unknown source in the constellation Orion was blasting earth with gamma ray radiation.  Ancient mystics understood that Orion was the seat of the soul.    And that ancient references to the return of the Son of Man were possibly in reference to a generally lost interpretation of the constellation of Orion.   What could the return of the Son of Man be?   Maybe gamma ray radiation from Orion explains what ever “it” is.    I have commented on many aspects of all of this over the years.   These are just cliff notes.   Since first writing about this we have seen upticks in outbreaks of Chikungunya, Ebola, swine flu, bird flu, enterovirus EV-D69, MERS and more.  We now see mutated organisms that are now eating plastic in the ocean and elsewhere, Roundup resistant weeds and a crisis in antibiotic resistant bacteria.   And who knows what else.   Well, and we see massive changes to humanity.   Some good and some not so good.   Humanity is both devolving and awakening.   I’ll be writing more on that topic in my upcoming astrological post.    But I suspect we must consider some of these changes in this world could possibly be created by these energy sources impacting our psyche.  Or by changes to the human ecosystem which includes building blocks of bacteria, viruses, etc.    The existing standard model of the universe is an utter farce.   The universe is connected.   All life is connected.   The universe is alive.   And, the universe may simply be the mind of God or the Divine or however you are comfortable naming it. 

Interestingly, I also noted that astrology too foretold of the Black Death plague of centuries ago.   Actually, the plague hit with the onset of the same  astrological cycle we are in entering today, although that cycle was much, much less powerful.   As discussed, this cycle is likely to turn out as the most profound time for humanity in thousands of years.   That cycle ushered in the Dark Ages.  What will this cycle usher in?    It should be no surprise that some pretty smart people are talking about the possibility of a Dark Ages today.    Although I doubt this will happen for any appreciable period time unless this existing system maintains its grip on humanity.   That seems highly unlikely.    More accurately, as discussed before, we are currently in the midst of a dark ages created by the state and humanity is now revolting against it.  Although many people can’t see this dark ages because of the all-consuming self-delusion (eg0), brainwashing and propaganda we have been living under.   But in a world of plenty, with billions of people living on scraps and a few dollars a day, this is a dark ages.   Ones own self-deceit may deny that, but the ego is capable of rationalizing anything.   

Because astrology foretold the Black Death or the plague, people of that time period thought that it was a Divine wrath for the evil of their world.    And many people believe a similar fate awaits humanity today.   Even though we obviously don’t have any measurements, that period of time too would have almost certainly involved massive gamma radiation blasts because of how solar output is tied to these events.   As the sun’s heliosphere or protective umbrella for the solar system weakens, its shielding effects weakens enough to allows these deep space blasts to reach earth.   Are these events coincidence?   Or is the sun’s behavior impacted by the human mind or the universal mind?   The sun is almost certainly not as it is portrayed by mainstream science.    The concept of its fusion core is under hot debate right now and with good reason.   And what are these invisible radiation events?   Just plain old random energy?   Intelligent events with an intent to restore life’s balance or to destroy the evil that controls this world?   Is it the return of the dead?  Or is it the return of the Son of Man?    One must be forever vigilant to  keep an open mind to that which we do not understand.   The knowledge of science is enough to fill up a thimble in a vast ocean.    Institutionalized science’s views on the universe are almost certainly preposterous and really an affront to true science.    Here is where I am going; we see  the CDC is reporting an unusually high number of outbreaks of the plague.    Is this just a blip?  Or like the rise of all of the other pathogens in this world, somehow a sign of the times?   Could this be the something as simple as result of the influx of immigrants into the U.S. as some propose?   Or is it something else?    Now, to really twist your mind a little, if this is from a massive influx of immigrants who may have brought disease with them, was this the will of the universe?    What again did Martin Luther King, whom I consider to be America’s foremost prophet of future karmic fate, say?  

The Pope-

The Vatican is reporting that the next wave of attacks against The Vatican could be for financial irregularities.   Let’s be honest.   Fraud and corruption.   A couple of years ago I wrote about a series of about ten posts I was going to put up.  In those posts I said I would share everything on how I was able to predict so much of what is happening in the world today.   That includes some very unique perspectives of monetary economics and economics.   Well, one of the posts I promised in that outline was “The Coming Collapse (And Possible Demise) Of The Vatican State”.   In the past I have used words like crimes against humanity and a criminal organization to describe The Vatican.   I know that probably upsets many belief systems but there is no emotion and no prejudice in my statements.   One has to get beyond the tyranny of the ego’s belief systems aka self-delusions to see the truth.   Now, I’m still going to get those posts up.   They are just delayed for one particular reason.   But this newly released story is very timely and worthy of being noted right now.   If one understands what is going on, and I’ll eventually explain it in that upcoming post if you don’t, then this news story could be a tremor in confirming the coming collapse of The Vatican.   

Let me close my remarks on The Vatican by stating as I have in the past that I have absolutely no problems with religion.   They are an original form of community and fellowship.   They bring with them the necessary aspects of community like redemption and equality.   But that’s not what The Vatican is.   And it’s not what political Islam is.   Those are control systems or institutions of the ego.   And an overarching theme on here for the last decade is the coming collapse of institutions of the ego.    Again, a very unique perspective written of on here that may now be exposing itself.

Pepé Le Pew-

I dug up an old interview of Ben Bernanke that I wanted to post in a timely manner.  (Click on the link to watch.)  In it Bernanke talks about the 2008 crisis and extending half a trillion dollars in swap lines (simply a fancy term for central bank to central bank loans) to other central banks around the world for purposes of liquidity to restart the global economy.   Now, most people don’t understand much of how the world financial system actually works (Including most idiotic economists and Wall Street & financial bozos.  That’s my Trump imitation.)  but there is a reason for that.   It certainly isn’t that complicated.   It’s that way because a system of class must keep us ignorant to control us.  How else could a few thousand politicians, economic elites and corporate CEOs dominate and suppress the divine light of every human mind in this country and around the world?   It’s the same reason our educations system sucks, why we have unnecessary poverty and on and on….……..   Class and hierarchy have to waive their hands and talk a lot to entrance us to their stupidity.

If humanity knew how the economic world and financial system actually worked to rip off the citizens of the world on behalf of the state, we may bring back the guillotine used in the Reign of Terror.  In other words, turn the tables of the state’s endless reign of terror against us that keeps us under their jack boot. 

Anyhoo, I noted many times over the years that there would be a day when China would need a bailout from the United States.   So far, China still has plenty of dollars.   But the day will almost certainly come when they don’t.    The recent small devaluation in their currency points to China’s need to now start expending its dollar reserves.  In fact, a month or two ago when China sold a large amount of Treasuries (and it was ignorantly reported as dumping by many web sites, journalists and people who make this crisis worse because they perpetuate in accurate misinformation to people looking for some truthful answers) I told a friend that the crisis in China had likely begun.  That they had entered the forced selling of Treasuries phase.  There are a lot of ignoramuses out there who are now reporting that China is “dumping” Treasuries.  It’s even reported that on the the cover of Drudge, the most popular news site within Washington DC.   That completely inaccurate position will be proven wrong just like most everything else.   That’s how incompetent and clueless the world is.   I just can’t believe the general level of commentary or reporting that exists in this world.  Especially in finance and economics.   It’s pretty much impossible to get any facts about anything in this world because there aren’t competent journalists or experts sharing them.  Likely because competence has been replaced by credentials in a dumbed-down, corporate-dominated world.    There isn’t anything dumping in this situation but the yuan.   China is forced to sell Treasuries because they are in the early phases of what will be a massive liquidity crisis and they are forced to raise cash they need to keep their economy afloat and the yuan from collapsing.  (This link accurately reports what I have uniquely been writing about for the last half dozen years on this topic. )   The only reason China is selling, not dumping, Treasuries is because the yuan is collapsing.   And they need to raise dollars to support the yuan and their economy.   The only thing that is being dumped is the yuan in the foreign exchange markets.     The ‘hope” of those who often report that China was going to dump Treasuries in some emotional position that involves wishing to see the U.S. taken down a few notches is not based on sound scientific analysis.   Just like the position that gold pushers took that China and Russia buying gold meant their future was full of milk and honey.    Those views are nothing more than ignorant, emotional Schadenfreude to support their ego’s desires.   I’m not stating the U.S. is going to escape massive crisis but facts are facts and emotions and ignorance don’t make for effective, scientific analysis.   China is unfolding to a tee in everything that has been reported on here for the last decade.   

All of this means the Federal Reserve will eventually have to extend swap lines to communist China’s central bank.   With the belligerence between China and the U.S. ramping up, China trying to devalue their currency to steal as many jobs from the U.S. and elsewhere, with geopolitical tensions rising, with the U.S. citizens waking up to how China stole our wealth and our jobs with the help of our political and corporate masters, how likely do you think the Federal Reserve is to going to be able to extend that swap line?  The American people are angry and awake.   Or,I  should say awakening.    And if those swap lines can’t be created, what will China do without them?

On a broader level, countries all around the world are burning through their foreign exchange reserves at a staggering clip.  Their currencies are now crashing against a violently rising dollar.   Which is the exact wording I have used for the last decade to describe what is going to happen as this system unwinds.    For anyone that actually understands anything, this fact should have been a massive warning sign leading into recent financial crisis.   When I wrote last year that I had sold every financial asset and that liquidity was draining out of the global economy at a pace far worse than 2008, what we should expect from that is a collapse in the global economy and a rising dollar.    But, yet no one in the U.S. economics or financial community, at least that I am aware of, actually even understood any of these most rudimentary facts.   Of course, the average joe doesn’t generally understand this because they expect the experts to.    The bad news is there aren’t any experts in charge of this system.   Only dunces, dolts and donkeys.  

The rest of the world appeared economically stable back in 2008 when the Federal Reserve extended swap lines to what was essentially most of the world.   So, the Federal Reserve could be reasonably guaranteed it would be given all of those dollar loans back.   Country’s economies seemed to be doing well so that risk of extending swap lines was marginal.   Today, the entire world is collapsing.   Every nation is in chaos.   Just as I have been uniquely writing would be the case for the last decade.   So, when those foreign exchange reserves are again depleted and all of the world’s central bankers try to again extend these swap lines for their currencies, but this time it will require trillions upon trillions of dollars, what is the chance that they will either 1) be inclined to do so  or allowed to do so by politicians or citizens of that nation because the counterparty central banks have a high probability of not being able to pay that loan back because of massive economic crisis in the nations they which to swap with? or 2) if the swap lines are actually extended, what is the chance that central banks or the banks they serve will default on those swap lines given their own financial and economic crises?  And, if this happens, how will trade be conducted between nations with no money to trade?  And what will central banks do with trillions in these losses?   For the umpteenth time, globalization is dead.  Corporate, banking and political dunces have created a monster of ego-driven control out of their own massive ignorance.

I have talked about this concept more broadly since the  2008 collapse in how money could lose its value even with the dollar skyrocketing.    To rehash those points in a short summary, that is what actually happened in 2008.   We had a small number of financial firms that held the vast majority of mortgage instruments (essentially some degree of money equivalents) and no one wanted to trade with anyone else because no one knew who was holding the bag.    That’s where we are now in this world.   No nation or central banks knows what other nation is capable of paying it back.   No counterparties can be trusted because the entire world is on fire.    So central bank swap lines or loans involve incredible risk.  Or, as noted some years ago, those who have stolen all of the money have no one to trade with so money becomes effectively useless.   This not only applies to countries but all economic entities including people as well.   And if this happens, then what comes next is what I have posited could happen – all contract law becomes useless and the concept of property rights collapses.

No one in the world is talking about any of this.   Literally no one.    The world is run by idiots.   Don’t expect them to save you.   Contrarily, they are driving us off of a cliff.    In fact, our Treasury Secretary, the leader of the world’s supposedly most powerful and sophisticated financial system, confidently told us just a few months ago that China’s markets would not affect the U.S.    Can you say dunce?   This guy is a dunce and a clown.   It’s time we quit coddling class-based assholes, evildoers and morons because it’s not presidential or politically-correct or doesn’t fit into the decorum of a  gentlemanly behavior.   More social conformity, made-up useless horseshit and  class-based nonsense.   These people treat humanity and the planet like shit (chattel) to use and abuse as they see fit in their policies and corrupt acts.   Obama’s comical financial reform bill was more red tape meant to protect the Wall Street criminal racket.    And our financial government leadership are the bozos put in place to ensure the racket continues.    There is no recovery, there never has been a recovery and there never will be a recovery until this global system of massive fraud is replaced.    It’s time to call it like it is.   As the great American philosopher Forrest Gump once famously said, “Stupid is as stupid does.”.  The world is run by corporate and political idiots.   We can’t get past this crisis until we get rid of the system of economic and political rot that has its jack boot on the neck of humanity.  And that will only happen if humanity takes back all of its individual power from class and hierarchy aka the state.  This crisis will not be fixed by any politician no matter how popular.   Period.  Unless that politician disassembles this system and restores the power to humanity.

I put this up this last section on China, swap lines and central banks for a reason.   To give you a glimpse into some of what I have been anticipating in three long time themes on here that central banks were likely to collapse this cycle, and that the dollar empire was likely to disappear by 2022 and that we are headed for a global trade settlement crisis.    There are many other implications tied to this but let’s stick to these three.   This coming dynamic could easily be the mechanism through which all three happen.   In fact, these central banking shenanigans of bailing each other out in a major Ponzi Scheme itself (You bail me out and I’ll bail you out although both of us have already collapsed.) are what I used to predict some bizarre outcomes that no one else was anticipating into the 2008 collapse.   Do you think Obama, our Treasury Secretary, the CEO of Goldman Sachs or, China’s communist party dunces understands any of this or anything else in the consequences of their actions?   Dunces.   They have created this complicated web of deceit for their own greed and avarice.   But they have no idea what they are doing or the unintended consequences of their arrogant ignorance.  It’s just all about looting, power, domination and corruption.  It’s pure ego and all of the ignorance, hypocrisy and evil it can muster.   All of this complication is completely unnecessary.   It is simply more and more rules and rigging of the economy and financial systems by politicians to keep the fraud and corruption going .  

posted by TimingLogic at 9:59 AM links to this post

Monday, August 24, 2015

It’s Not Good Not To Be The King: Slavery’s Division Of Labor And A Look Back To An Investigative Series On Amazon’s Anti-Democratic, Inhumane, Sweatshop Warehouse Environment

I want to do a follow up on the last story before getting back to my money and markets update posts on gold and black gold.   But, first it’s worthwhile to note that markets around the world are in the midst of imploding with oil leading the way.    My downside low on oil remains $10 a barrel.   I may be the only person on earth who was writing this would happen when oil was nearly $150 and Goldman Sachs and other state actors were calling for $200 and $300 oil.   Oil is now down to under $40 from nearly $150.    It’s going much lower.  But we are nearing its 2008 crash low, which I also predicted within a few dollars, so how oil acts at the 2008 low will be very interesting to watch.   Will it bounce or slice right through it?   By the way, my long time downside on the S&P remains 200-450.    That is, if the stock market doesn’t disappear completely, which has been discussed on here as a possibility.   If capitalism disappears, so will its funding mechanisms like stock markets.   We have a long, long way to go if that is anywhere near accurate..

At the bottom of this post are links to a series of investigative stories that ran in 2011 on Amazon’s inhumane, anti-democratic warehouse practices.  This is corporate capitalism and it always has been.   People who wax poetic about the good ole days or free markets close their eyes to the nothingness of an existence to vanquished hope, the cruelties in plain sight that their ego’s rationalize and the exploitation that is so necessary for a class-based system to exist.   Division of labor is necessary for any class-based socioeconomic system to exist and it is a central tenet of corporate capitalism.   This division of labor was exalted by Adam Smith’s Wealth of  Nations in 1776.  That shouldn’t be surprising since Smith worked for a class-based corporation that addicted countless Chinese to opium in return for stealing all of their silver.   Well, and enslaving all of India to produce the opium amongst other forms of economic exploitation that served the British Empire.    The British crown knew exactly what was going on and didn’t have any problems peddling dope because it was its most profitable corporate enterprise.   This at a time when the colonies were declaring war on the king’s corporations and private banks that Adam Smith waxed poetic about.    People fled corporate-dominated and class-dominated European societies to come to this nation.   

The division of labor was invented under class-based systems of human ownership (chattel) and human slavery to increase the human property’s efficiency or slave’s work efficiency for his or her master’s economic benefit.   The division of labor wasn’t some profound invention of corporate capitalism.    It was created out of a system where class could dominate the masses of people into forced slave labor camps through exploitation, predation and victimization.   It’s the same concept used in Auschwitz or gulags or Southern plantation owners.   There is no doubt who owns whom in this world.   Corporations own you!   That’s why we do what our corporate master tells us to do when he or she tells us to do it.   Britain, the foundations of the world’s modern economic system, is and always has been a system of indescribable wealth disparity and ignorance created by class and human ownership.    (Interestingly, Paul Krugman uses Britain’s government being in debt to private banks for hundreds of years as a positive in his recent ignorant rationalizations that more government debt to private corporations is good.  What a f*cked up world we live in when private-banking created debt using anti-democratic class-based money, which are both forms of social violence, are rationalized to be good in Krugman’s ignorant musings of Orwellian doublespeak – debt is good - and newspeak in the highest circulated print news source in a nation that is supposed to be a bastion for freedom from the state, dictators and overlords.  How amazing and jaw-dropping this kind of dystopian horror is printed in a country that is supposed to be free.)   

As unmindful consumers, that corporate capitalism needs to survive, we are willfully ignorant to the conditions under which goods and services we purchase are made and delivered to us.   That is, the human-ownership-based division of labor that obliterates any democratic economic rights in often brutal, slavery work environments.   As citizens of the world, as stewards of the planet, as sentient beings who recognize the worthiness of all life and all people, we eschew the brutality of these cruel, subhuman working conditions that class, hierarchy and state privilege creates.   So, are we a world and society ruled by democracy, self-awareness, self-actualization and resultant love and compassion or the violence, ignorance and hypocrisy of class-based corporate capitalism?

Every single day any of us spends a single dollar in this system, we are perpetuating violence against our fellow man.  Every dollar earned is earned through violence.   It doesn’t matter if you work for a hierarchical organization like the state or a corporation or if you spend Social Security payments or you work for yourself.   In some way that money was generated by violence and the act of accepting it is accepting the “mark of the beast”.  All class-based systems are inherently violent, contradictory and Godless.   So, you buy a book from Amazon, a class based economic construct, and you are perpetuating violence.   You buy food handled by any corporation or class-based system that exploits labor for the benefit of landed gentry, you commit violence.   You serve a beer to a corporate worker, he pays you in money that was earned through violence.    You serve a beer to someone who works for himself but received that dollar from a corporate worker, the result is the same.    There is no way to escape the violence of this system.   Class=violence.   It is not a natural state of the human experience.   Class-based systems rely on violence for survival which is why the entire world is experiencing such massive misery.    Most people have a hard time coming to grips with this because they either don’t understand the concept of emotional, spiritual or social violence or that thought doesn’t fit with their ego’s belief systems of itself.    ie, I get up, kiss my spouse and hug my kids and go to work every day so I’m a good person.   Well, you are certainly a person.   But the decisions you make every day are not your own.   And as a result, the violence we perpetuate on behalf of class that we serve goes far beyond our line of sight in actions the corporation or the state that ripples far beyond our small world of ignorance.   And class could never perpetuate that violence unless we all conformed to violent social norms created by the state. 

“Nature is busy creating absolutely unique individuals, whereas culture has invented a single mold to which all must conform. It is grotesque. ”― U.G. Krishnamurti

We have all become wildly ignorant hypocrites courtesy of the state.   The state, and its required conformity and resultant control of humanity, ensures that the natural process of self-regulation, responsibility for our own emotions and self-correction of our actions and behaviors based on their effects on the world around us has no consequence.    And, mind you, we live in a world of unbelievable and unprecedented conformity resulting in unprecedented ignorance and hypocrisy.   That conformity is driving humanity off of a cliff.   There is just about zero individual thought or action in this world if it has anything to do with social constructs.   Everything is based on brainwashing and propaganda of the type of life we are told to lead from cradle to grave.  We live in the Borg.   The Soviet Union and communism had nothing on corporate capitalism.  Both are guaranteed to fail for this very reason.

Is this the kind of world we really want to live in?   For 90% of humanity, there is ample evidence the answer is unequivocally no.   Many of us conform simply out of survival.   We are forced, through violence to participate in a system of massive injustices and cruelties.    For the top 10% of the house slaves who have enriched themselves by enforcing their master’s violence on the field slaves, sure.   They are living large.   Or, should I say their disconnected egos believes they are living large as measured by its attachment to worldly possessions but they are really leading vacuous, meaningless lives of incredible ignorance.   And for our corporate and political masters, aka the state, this is the world they have dreamed of creating.   That is all it is.   It is nothing but a dream.   And when humanity wakes up, which it is in the process of doing, we can create a new dream.   Hopefully, a dream based on nonviolence, voluntary participation, community, dignity, compassion and justice.

(Again, talking about the beast is not an end of the world prophetic statement but rather exposing the systemic willful ignorance of the disconnected ego and cruelties of the state and this world.   I find many historical parallels, parables and lessons to be very profound in this moment.   For, if the prophetic beast was the Roman Empire or some future empire or the concept of the state itself, it’s mark was likely money and its forced use that enriched the state off of the backs of an enslaved humanity.  A forced use of money that keeps humanity from leading a Godly - loving and hence nonviolent existence.  And, to reject the mark of the beast likely means that a system of barter, which is inherently based on nonviolence in its purest form, will likely arise in its place as has happened in the past.  It should be no surprise that I have noted for many years that we will likely see the rise of barter in trade settlement.   It’s already starting as a method of getting out from under the state and its enforced use of state money, which is and always has been a control system created by and enforced by the state.  I’m sort of curious, what skills do parasitic state actors have to trade in a system of barter?   What do they produce, create and invent other than violence and human slavery itself?  Without violence, the state has lost all control.)       

It’s not good not to be the king.

Inside Amazon’s Warehouse

Amazon workers left out in the cold

Amazon workers fight for unemployment benefits

Amazon workers cool after company took heat

13,000 boycott Amazon for sweatshop working conditions

13,000 join boycott follow up

posted by TimingLogic at 8:57 AM links to this post