Financial topics

[John]

> In the book of Judges there is put down a great principle of
> government, a principle which is also stated very clearly in the
> prophecy of Isaiah. All of the subsequent prophets simply bear out
> and apply this principle which has already been stated. The
> principle is this: There are three steps in the downfall of a
> nation. First of all, there is religious apostasy. The second step
> is moral awfulness. And the third step is political anarchy.
> These are the three steps by which nations pass off the stage of
> human history. That has always been the way that it has moved. You
> see, the primary problem never was political anarchy. The primary
> problem never was moral awfulness. As bad as these are, the root
> problem goes back to religious or spiritual apostasy, a turning
> away from the living and true God.
> http://www.bibleoutlines.com/library/pdf/habakkuk.pdf

These three steps could describe almost any generational Crisis era.

[aedens]

http://occupygezipics.tumblr.com/ Yes, GD is a branch of older views. Some photos for you while they are not scrubbed.
Tyrants are all the same.

Art was alluding to reg T - 12 CFR §220 Raising the margin requirement ostensibly to reduce risk but will get back to us Higg.

I will not post the article on the police running over protestors for obvious reasons. Its getting ugly over there....

The Noske markers may be appearing John sooner than I assumed. The last close marker was Fri Dec 21, 2012 in the EU zone I trended.

[gerald]

They don't have a clue, a. I was a landlord at one time in a low income area. I owned 7 houses. I had a long time to think about this. When the tide turns against these hedge fund parasites it's going to be something to watch. I told my sister last week that this thing is so far gone food and bullets are all that will matter. Forget the silver.

Yes H, I think you are right. I was in the rental business for 37 years and I learned early on it was not wise to have to rent to the low income and/or low educated and those with children. ( for various maintenance, management, legal, and insurance reasons ) Essentially we had single room occupancy units ( commonly known as studios ) for the college market in college oriented communities. And we stayed away from all government programs, - when you sign with any government program, they own you. ( I am very glad to be out of the apartment business ). Things have changed, people seem to have less respect, are on a shorter string, and see less opportunity. Not good. It appears that during the previous depression there was more respect for law, I doubt that is the case today.

I think things could get real nasty. ---- Which is probably the reason for ---

The Department of Homeland Security (through the U.S. Army Forces Command) recently retrofitted 2,717 of ‘Mine Resistant Protected’ vehicles for service on the streets of the United States, http://www.economicpolicyjournal.com/20 ... -2700.html

[Higgenbotham]

As poverty extends into more areas of the US, I think the government will abandon some areas they previously subsidized. This will also mean the government will abandon tax collection and services in those areas and they will be truly left on their own. There was a blog post 'a' linked which talked about going to zero government and how zero government is already starting to happen in Detroit.

If unrest spills over into the wealthy areas or the mobs come out of the abandoned areas and attack the wealthy areas, I think that unrest will be vigorously put down.

I saw that dividing line already take place 25 years ago. When gangs took control of certain blocks, the police stopped patrolling them. I think I already talked about that in more detail. As police capability is reduced nationwide, it will be natural to see cities abandon certain areas completely of city services with the unspoken agreement that no property taxes need be paid and no tax foreclosures will take place because the properties are essentially worthless for the purpose of tax collections. That implies they will also be worthless for the purpose of rent collections and anyone who wants to squat can do so rent free and tax free. It will be a very free but also a very dangerous time.

[Higgenbotham]

At the epicentre of the shale revolution is the US, and it represents a paradigm of the cost of technology. Sanford C. Bernstein found an “unprecedented” spike in the US oil marginal cost last year, jumping to $114 a barrel, up from $89 in 2011.

As Sanford C. Bernstein puts it, the shale revolution is bringing vast new supplies into the market that are capping oil prices just as production cost surged.

“Net income margins in the sector are now at the lowest in a decade,” the firm said after reviewing the economics of the world’s 50-largest listed oil companies. “This is not sustainable. Either prices must rise or costs must fall,” it added.

http://www.ft.com/intl/cms/s/0/ec3bb622 ... ab7de.html

[John]

> More bifurcations illustrated.
> http://chartistfriendfrompittsburgh.blo ... ng_19.html

The first chart:



This chart is interesting because it dramatically shows that Bernanke
was successful in heading off disaster. By flooding the market with
QE dollars, Bernanke prevented a major stock market crash.

The chart also shows that he only postponed the problem, and
that there's a major stock market crash yet to come.

Nonetheless, this is why people say that, whatever you think
of Bernanke, he was only doing what he had to do.

The second chart:



This chart is interesting because it shows very dramatically the
component of what's going on attributable to generational behaviors
and attitudes -- the velocity of money has crashed so thoroughly that
QE cannot possible have any real effect, except create a new
stock market and real estate bubble.

[aedens]

Yes, and soon it appears. Meanwhile have some fun and script some spam back to the root. http://www.ghostery.com/

As we discussed you cannot fix stupid joined at the head with self licking ice crean cones. TSTS
At least the BOE is public and admits oops we are and happen to be the problem.
Always the same discussion since Napoleon in the Western venacular.

http://www.investing.com/indices/indices-futures meanwhile

H and I was comparing some overlays: http://gdxforum.com/forum/viewtopic.php ... une#p18161
pg774 sums up a few noted items
We already know what, why and who the shocks are designed to destroy.
The noske triggers are the asterisks adding up in the regional context and backwardation process
so Vin can pick up the accurate dialog on his work when the category three memebers decide the final outcome
in so called human affairs. How was not a pericopic thought but when the brain rot claims the whole process.

[Higgenbotham]

How was not a pericopic thought but when the brain rot claims the whole process.

ETF volumes were low all day Friday until the final minutes. The market dropped considerably at day end due to rebalancing where some US stocks had to be sold to balance indexes. I suppose a thought would be that price dropped for no fundamental reason except rebalancing so that should not trigger more selling, and the indexes should snap back to their previous levels. That would be true under normal conditions but under these conditions it's impossible to say. Price has gone up for no good fundamental reason and when it moves in the other direction it may do so for no reason other than it is going down. Like you say, when "brain rot claims the whole process", let's not try to figure out if it makes sense. It stopped making sense a long time ago.

[gerald]

As poverty extends into more areas of the US, I think the government will abandon some areas they previously subsidized. This will also mean the government will abandon tax collection and services in those areas and they will be truly left on their own. There was a blog post 'a' linked which talked about going to zero government and how zero government is already starting to happen in Detroit.

If unrest spills over into the wealthy areas or the mobs come out of the abandoned areas and attack the wealthy areas, I think that unrest will be vigorously put down.

I saw that dividing line already take place 25 years ago. When gangs took control of certain blocks, the police stopped patrolling them. I think I already talked about that in more detail. As police capability is reduced nationwide, it will be natural to see cities abandon certain areas completely of city services with the unspoken agreement that no property taxes need be paid and no tax foreclosures will take place because the properties are essentially worthless for the purpose of tax collections. That implies they will also be worthless for the purpose of rent collections and anyone who wants to squat can do so rent free and tax free. It will be a very free but also a very dangerous time.

You are describing a Mad Max Bartertown scenario --that could be closer to the truth then we want to admit -- definitely a NOT GOOD

[aedens]

some color to the mosaic http://www.theburningplatform.com/?p=54125
some of the smart ones will have a sardonic smile as they switch of the monitors knowing
what true sociopaths look like.
Also as reminded over time they understand clearly twenty five or so percent are
unable since they are conditioned in learned helplessness by the sociopaths anyway.
This was studied from the stone cold emperical atheists.
http://www.amazon.com/dp/1591027543/?tag=howardbloomnet
As it is found true over time we ponder why some get ninety percent of the way to clear
thinking and fall or choice of stall. To consider nature and nuture will simply confuse most as we also found
from the whitehall study and the simplicity of dunbars number to untangle and foster
effective natures and future growth potentials.
http://www.amazon.com/dp/1591027543/?tag=howardbloomnet

In some areas it is more complex but for this moment it is clear enough.
Now for some real news since the others are challenged between the ears as bruce conveyes rather clearly.
They will not.
http://www.zerohedge.com/contributed/20 ... t-congress