Financial topics

[Higgenbotham]

Quick, what is the largest employer in each US state?

General Motors?
US Steel?
Sorry for the bad joke.

Well, not really, in almost every state the largest employer will be either:
Wal-Mart
A university system
A health care system

In other words, the US economy produces almost nothing. Zippo.

Which reminds me. You can boost life expectancy a few years in the urban areas if the business model of your economy is heavily dependent on:
Heart bypass operations at $100,000 per pop
Cancer treatments at $250,000 per pop

All of which few can really afford.

[MarvyGuy]

Who names a bot "Majestic 12'? I would call mine 'NSA Stealth Bot No 7". Anyway shout out to you bot trolling around gathering data for some nefarious purpose.

I certainly hope they can start extracting in a few months and get distillation towers running. You never know. I probably won't be around to see it so good luck. Perhaps "Majestic 12" can pass this along to whomever is left to read such things. We certainly have been extracting oil for over 100 years and coal for much longer. I suppose they can get at coal but not sure it has as much calorific value as it used to.

I still maintain that it will be very difficult to come back to the level we are at today. If we lose 1/2 of world population as suggested I don't see how if most of those are disproportionately lost in the more advanced societies (from a technical standpoint), Even Saudis didn't build/design their facilities. That came from US and UK based systems. My general comment to IT guys is "I have NO idea who that unauthorized (but useful) program got on my system."

For the change in University courses I would want to know what it was replaced with. Sounds like they removed non core classes and added something else back in. Perhaps they consider a school/work program or perhaps distributed control. It is still important to know metallurgy and the basis of metals as everything from pressure envelope is built from that plus various corrosion mechanisms. I think the old school UK engineers were some of the best. Now they are a bunch of cry babies, wanting "tea time" all the time. Even the French are amazed at the level of un-productivity (and THAT is saying something). Still I like them as individuals but I prefer to work with Germans over everyone else in W EU.

For John on Singularity
http://www.fastcompany.com/3058060/this ... s-your-job
GoButler's algorithms "learned" from his patterns. Every time he interacted with a customer or categorized a conversation, the artificial intelligence got better. "The better the people we had to create messages, the better our product would be," Hadzaad says. "Data was the heart of our product. So for us, the people we had weren’t just customer service agents. They were part of building the product."

For some hypersonics
https://www.stratfor.com/analysis/what- ... -will-look
A new arms race is unfolding between the world's great powers. Hypersonic missiles, which are both accurate and extremely fast, stand to change the face of modern warfare by rendering the current generation of missile defense systems ineffective. As competition heats up among Russia, China and the United States to be the first to deploy hypersonic missiles, each will become more vulnerable to attack by the others. If tensions rise, so will the risk of pre-emptive strikes among the longtime rivals.

[vincecate]

Quick, what is the largest employer in each US state?

About half the economy is government at this point. The largest employer is government.

[aedens]

http://www.kotlikoff.net/sites/default/ ... 5-2015.pdf

73 percent of taxpayers says they spend to much. That is red and blue.

Meanwhile we cross license products and production sites to keep the pagans from eating each other.

We are the folks who understand how pencils are created.

https://www.youtube.com/watch?v=YXeUXmCV5IA

http://lmgtfy.com/?q=damocoles_#seen

[aedens]

I will put that in my reading list Higg. http://www.amazon.com/Infidel-Ayaan-Hir ... 0743289692
As we see just move the date on some effects.
http://archive.org/stream/rageofislamac ... 6/mode/2up

As we noted if the timeline of old resonates a outburst in three years or so will ring true.

My worthless view was it started Mar 9, 2016 – Total Solar Eclipse
If you check the when the Rus invaded you will see what I meant as test the spirits. The notes have it.
The Rus knows this since they pinged back a reflection to see what we seen on whole.
No clue, but few fathom what we seen to date anyways.
http://wn.com/biblical_timeline_dispensation_of_grace

Zones for energy margin production cluster sites are in place now.
We are not the problem. Grace will end by evil, not us.

Tea after five we talked about recently, and long ago H
http://gdxforum.com/forum/viewtopic.php ... lue#p30190

For the times some see https://www.youtube.com/watch?v=hYRbyXy1WaM

[Higgenbotham]

For the change in University courses I would want to know what it was replaced with. Sounds like they removed non core classes and added something else back in.

http://www.engin.umich.edu/che/undergra ... le2014.pdf

1. The credit hours for several program subjects were increased from 3 to 4. I agree 3 credits was too few for the work required.
2. Introduction to Engineering and Introduction to Computers were added.
3. Some technical and non-technical electives were added in place of core general engineering courses. So someone could still take materials engineering but they don't have to.

Overall the programs are dumbed down to the point that many states are considering requiring a master's degree for professional licensing for engineers.

[vincecate]

John has many times pointed out that P/E ratios are high but the Russell 2000 P/E ratio is negative! With this and negative interest rates the world is a strange place...

http://mishtalk.com/2016/03/22/earnings ... more-36229

[aedens]

http://store.mises.org/Human-Action-The ... m_in_Daily

Vin it is a construct as we discussed. The crack up boom was clearly seen by more than few.

[aedens]

ground intel to take it fwiw

Molenbeek is a cancerous extremist hell hole. Been that for decades. Many people in that neighborhood knew that Abdelsam and his buddies were hiding there. These mofos were just going on the street. They once even walked passed a police station for fun. When the authorities raided the place they were hiding the police and press were pelted with stones and bottles by local youths. They should have shot the fuckers.
JAN. 27, 2016 “We can reassure the Americans that Brussels is a multicultural city where it is good to live,” said the spokeswoman
http://www.bxlrefugees.be/en/

It's impossible now to surgically remove it. The patient Europe is due for a much harsher therapy or die from the spread of cells that are going to shut the body down one organ at a time. Muslims are in it for the long haul. They are commanded to spread Islam to every corner of the Earth, overthrowing the other forms of government and replacing them with Sharia. When this process is complete, which may take millennia, then the Muslims will have what they refer to as "peace." Until then, it's war against the infidel, including war of deception as they build their fifth column within your borders. When liberals, who have formed an unholy alliance with Islam in the name of Western Culture destruction, realize this, it will be too late. Sweden is starting to wake up to this, as they realize their other leftist ideals are put at odds with Muslim treatment of women. As we projected right or wrong I assume 15 years Europe is finished to repeat what was seen by many. As we noted in three or four years the break will be clear and the New Rome will rise rather quickly as seen long ago. Conjecture? Ok, hold that thought as your head is removed as your women blown to pieces and murdered and worse then thrown into ditches. t


http://gdxforum.com/forum/viewtopic.php ... 252#p30245


Meanwhile: Feb 20, 2015 9:05 am
We can underpin it with Klingberg and his cycle of political deviats. Doctor Quigley seen it early just saying.
Impossible to move the ball down the field now. Tactical consolidation as we warned from day one to preserve capital to avoid
the carnage of the FSA consuming fixed capital.

I have not changed my view. Locally try to explain the carnage imposed on us.

Locally the paper told us we will make you trust government again.

Officials in Flint, Mich., raised glasses of treated water to celebrate the city’s breakup with Detroit’s water system.
Credit Samuel Wilson/The Flint Journal, via Associated Press

http://gdxforum.com/forum/viewtopic.php ... ury#p29656

plural (Gutmenschen)
1.(derogatory) do-gooder; person who has a naïve and unreflected conviction of their own moral superiority
2.(derogatory, in particular) someone overly concerned with political correctness
3. (derogatory, in particular as darwined) still dead with scissors in hand under desk minus head.

Noun - Cultural Marxism ‎(uncountable)
An unsolved December break-in to the Flint City Hall office where files on the water crisis were being stored was “definitely
... being investigated for their role in the ongoing lead poisoning crisis.

Why bureaucracy will likely destroy America.

“It was somebody that had knowledge of those documents that really wanted to keep them out of the right hands, out of the hands of someone who was going to tell the real story of what’s going on with Flint water.” The burglary was discovered after a City Hall employee returning to work after a break on December 28 noticed a broken window. Surveillance footage showed a person leaving with a TV that investigators believe came from the office. No other rooms in the building were targeted. - See more at: http://enewspf.com/2016/03/21/amid-wate ... NMNgW.dpuf

Frank Herbert, Bureaucracy destroys initiative.

Like Alexander, he knew that in the bureaucracies the real power lay but that, historically, bureaucrats have always been willing to switch their allegiance from an old regime to a new one—as long as you paid them and let them retain their power.

First of all, bureaucracies don’t ‘go away.’ They live on forever. Do you think the communist bureaucrats went home when the communists fell out of power? The bureaucrats just changed the title on the nameplates on their desks and continued right where they were.

As Machiavelli would have predicted, they have consumed all, even our very little ones.

http://www.forbiddensymbols.com/the-fish-ichthys/

[MarvyGuy]

Overall the programs are dumbed down to the point that many states are considering requiring a master's degree for professional licensing for engineers.

Hmm that's odd. My feeling was that they were probably trying to stretch it out to make the kiddies go longer. I have found University for engineering too full of the worthless. I suppose it is to be expected as schools are mired in forming Hitler Youth and no longer able to teach subjects anymore based on accurate facts (I know kids who think the polar bears are all drowning). Here in W EU a retired teacher told me he had to get out. Kids were not listening anymore.

Valeant imploded and it will ultimately end up insolvent and in liquidation. The global economies, supported with ever more tangible desperation by their central banks, will not avoid the same fate.
Terra Energy Corp which yesterday said it shut down production, ceased operations and announced the resignation of directors and officers on Monday, after its lender, Canadian Western Bank, demanded full repayment of its debt.

Would I be correct in assuming that pension fund raids are not far off industry wide as companies need capital to fund day to day, meet debt obligations or to defend dividends?