Financial topics

[aedens]

As horribly mutated as things are I think your move was dead on center H.
I was reviewing the left and right wings effects of the political thieves and how
to help others both must leave us alone to prosper. Concepts to check and balances
they deny as we are looted from both.

[Higgenbotham]

These are severe distortions, probably 2-3 times as severe as the distortions before the 2010 flash crash. I think the analogy to the flutter effect can apply, now. It probably won't be possible to say whether a crash will occur until we are a couple hours in front of it. Based on what we are seeing here it would appear to me that 20% could be cut off the stock indexes in a few minutes. If I've identified the problem correctly, throwing money at it is what caused these recent flutters and it can be noticed that they started with the announcement of the $85 billion and they are getting more severe and more frequent. If this is the source, then I don't see how to avoid a crash.

[aedens]

We are in a deadly cross fire H and very dangerous ladder logic period for inflation targeting as we know here. You remember the thesis paper's on targeting and nominal prints forumed. Both are farther from us as citizens. No accidents just intent. Both sides have set spike strips on us.
Old we stated point blank we are going over as forumed.

[Higgenbotham]

Before the 2010 flash crash, the "problems" with Greece had been ongoing; the markets fluttered 3 times and had fallen on Friday, April 30. Over the weekend, something was cobbled together (I can't remember what it was) and on the open Monday, May 3, the markets went up all day. The next day was gap down and two days later on Thursday, May 6 was the flash crash. On September 14, 2012, the Fed announced $40 billion and the market fluttered 3 times between then and mid October but didn't go up. On December 12, 2012, the Fed announced $85 billion and the market fluttered 3 times harder and faster but didn't go up. Meanwhile, the fiscal cliff "problem" (like the Greece "problem") has been ongoing. This has been presented as if, in the event that the market falls off the cliff, it will have something to do with a certain politician when, in my view, it has to do with the severe distortions Bernanke has wrongly created in the markets that can't be undone. Without these distortions, no "cliff" would have been possible and no crash would be possible. This is no different than what we saw in 2010 and how did Greece have anything to do with the May 6, 2010 flash crash? How was the August 27, 2010 QE2 announcement at Jackson Hole a solution to that? All bad and bizarre behavior, including that in Washington, has been cued off of monetary policy and market distortions ever since 2009, and earlier, but especially since 2009. Now what's it going to take for Americans to get that, seeing their relatives' bleached bones in the moonlight?

[aedens]

ISSUE AFFECTING ORDER PROCESSING IN 26 SYMBOLS
No accident, bleached bones discussion we had Jul 31, 2012 was effectively is correct. H we have seen lacking what brings sorrow as they
brazenly call for the letter to be annialated now. Pity them, and I talked to wiser than me on that note. I was told they will see later
at the judgement seat. We will not be in that accord. We are not weak in the way they deny. Even if you convey what is to be they will deny.

Shultz said he was cut off when he tried to warn about the dangerous course being followed by Casey, national security adviser
John Poindexter. Same stuff different day. Lily pad versus guest bases shared. I want to clear on this facet only. Ideologues wish
a burn rate as we wish less bases and solution partners only. What we have here is incompetants who only see sharp elbows will
never be a solution.

[Higgenbotham]

I went back to the July 31, 2012 pages (both of them) and I think they are basically correct as far as framing the current issue, which seems to be mainly that they are pumping increasing amounts of money into a dead and insolvent economy and getting no measurable results, if we take the measurement to be stock prices. When I made the last reference about the increasing billions and the failures, I didn't recall that directly but it seems like we could be on target with the applicability of the scenarios that were described at that time. The current carnival was created long ago, and now that it's manifested in the flesh the actions of the past few days were mostly predictable and it doesn't seem that the outcome can be changed much.

[aedens]

With the lense with see as positive progression we know as the 19th century elaborated the concept of economic rent as that element of price which found no counterpart in actual cost of production and hence was “unearned.” It was a form of economic overhead that added unnecessarily to prices. In 1817, David Ricardo’s Principles of Political Economy and Taxation elaborated the concept of economic rent. Under conditions of diminishing soil fertility in the face of growing demand, value was set at the high-cost margin of production. Low-cost producers benefited from the rising price level. Ricardo helped clarify the concept of differential rent by applying it to mining and subsoil wealth as well as to land. Heinrich von Thünen soon added the more helpful concept of rent-of-location (site value). The important classical point was that economic rent was produced either by nature or by special privilege (“monopoly”), not labor effort. Hence, it was that element of price that could not be explained by the labor theory of value, except by marginal costs on what Ricardo hypothesized to be “rentless land” as recourse was made to poorer soils. Ricardo’s follower John Stuart Mill explained that being income without labor or other costs, such rent formed the natural basis for taxation. The Progressive Era developed the view that public utilities and other natural monopolies rightly belonged in the public sector, where governments would provide their basic services at a subsidized price or even freely as in the case of roads. The idea was to keep user fees no higher than the actual cost of production, so as to avoid rent seeking. This pejorative term means extracting income by placing tollbooths on the economy’s key infrastructure. To leave roads and railroads, electric and power utilities in private hands ran the risk of private owners “rack-renting” the population, adding to the cost of living and doing business. U.S. policy is just the opposite. Commercial real estate has been regressively “freed” from taxes – leaving the rental value to be pledged to banks as interest. This un-taxing of land rent has been a major factor inflating the real estate bubble on credit, much as deregulating monopolies has helped inflate their stocks and bonds on credit. This is the policy that the Bowles-Simpson Deficit-Reduction Commission endorses. Its regressive tax proposals would shrink the economy, pushing it further into debt. This transfer of revenue from labor and business to property owners – and from them to their bankers and bondholders – threatens to force up the government’s fiscal deficit (as states and municipalities are seeing today) and turn the United States into a Third World type neofeudal economy. I cannot change my view or have they warranted I do. The only advise is to look for energy margin clusters groups. I have conveyed our view on light switch investments and why since if the switch does not work you have a larger issue today. I will look as you have also H the seams you noted correctly. Of the 7 views last year and the 3 more pronounced we did fine also on these moves. It is possible and as you we use the house money and never margin acounts since we feel it is counter productive to goals and listed why above as tire spikes which correcly we noted as kill switches which leads to another level in this climate. We need to left alone since we are working for a living.
http://generationaldynamics.com/forum/v ... 415#p17409 H link covers it clearly.

A message to the church of Egypt, from an Egyptian Muslim: I tell the church — by Allah, and again, by Allah — if you conspire and unite with the remnants [opposition] to bring Morsi down, that will be another matter…. our red line is the legitimacy of Dr. Muhammad Morsi. Whoever splashes water on it, we will splash blood on him.”

I am a remnant and whom I care for. Why do you seek our bothers blood? We seen what Morsi allowed into your land.
We correctly seen Amos unfold on Damascus of four the time, brick by brick, stone by stone and the truth of Dan unfolding
and you did not my brother? I was shown clearing clouds and it is by your hand alone the sky will darken.

[aedens]

http://i419.photobucket.com/albums/pp27 ... 83f286.png

http://www.nakedcapitalism.com/2012/12/ ... large.html

plantation nation with help

[Higgenbotham]

http://i419.photobucket.com/albums/pp27 ... 83f286.png

http://4.bp.blogspot.com/-stn_aW9k1NM/U ... .48+AM.png

[Higgenbotham]

http://www.nakedcapitalism.com/2012/12/ ... large.html

14th century parallels again.