Generational Dynamics Forum - New Site

http://www.amazon.com/Battle-Mind-Brain ... r+the+mind

http://www.neurosciencemarketing.com/blog/

To change outcome of a conversation what is on the table will do just that.

http://gdxforum.com/forum/viewtopic.php ... 100#p21100
http://www.planning.org/

"And the judge?"

"Yes, the judge. He could not get the case off his conscience—a case, mind you, in which he had acquitted an innocent man. He thought that he should have convicted him and saved him from the Party, but how could he have convicted an innocent man? The thing preyed on him more and more, and he had to talk about it, first to his family, then to his friends, and then to acquaintances. (That’s how I heard about it.) After the ’44 Putsch they arrested him. After that, I don’t know."

We are slipping into darkness one step at a time.

These ambitious men were not naive; they were overconfident about their ability to manipulate and were hopelessly outplayed.

1963 Communist Goals, Because you’re now left with unproductive, state sponsored welfare recipients that don’t produce anything that you can’t steal from them but they keep you in office. You need the hard working ox middle class to suck the blood from. When the ox makes a run for it, well, you have to find ways to stop that from happening. On the other side of that discussion the FDIC forwarded the new model since maybe they understood the tranches as bleeding arterys to the city of london are no accident. This was from the BOA dumping the derivitive bomb on the taxpayers and that issue still is suspect going forward to many given the amount.

Here we are with the cool aid from the source: asymmetric paternalism, states that paternalism should be invited if it bestows large benefits on those who make errors in judgment while imposing little or no harm upon those who are fully rational. While some may argue that this benefit to shortsighted consumers comes at the expense of retailers, it can be posited that correcting these errors in judgment enhances economic efficiency to the benefit of both parties involved. Given that achieving such change is a difficult process, it is helpful to understand the dynamics of an individual’s desires and the strategies that can effectively control them, AEA Papers and Proceedings, May 2003.

http://www.winningprogressive.org/ In there own words not mine to quote : " Thanks to ObamaCare, people will no longer drown in medical debt."
The solution is between your ears not in anothers. They will take that next. Words cannot express how far we have fallen.

Context: Sat Sep 12, 2009 5:35 pm
viewtopic.php?f=14&t=2&p=4156&hilit=socialist#p4156
Americans are still painfully clueless about needs to there economic survival anymore. Ask Pelosi or there mindless and clueless hordes and ilk about not in my back yard semantics bent on emotional blackmail and not fact of law or contract or proper funding. Yes some Company's are ruthless and follow the political chain to its ultimate conclusion of special interest's. Rent dissipation issue's in a mixed market is life or death now and the coruption will envelope more very soon it appears to wasted capital. As we are the Internal socialist's have destoyed more economic security than the free world competion had ever dreamed of which is only brought up to pacify the simple of mind dominating the population. Mr Obama nailed there ass to a board and each party cannot see the writing on the wall about fiscal sanity or walk out the room given avarice unabated with that board nailed to there ass with mind numbing greed. Currently the Fed still spews debt is wealth, I rest my case on these insular realities of elist rambling.

The Senate need to grow set as does Obama to get costs in line and that is not going to be solved hammering the ones we have who are trying
and the taxpayer for putting in mindless rent seekers. These people are not stupid nor are we.


Credit confirms the rest is myth. Surety is separate question we covered here already.
viewtopic.php?f=14&t=2&p=19325&hilit=contract#p19325

The most serious dangers for American freedom and the American way of life do not come from without. What is needed to prevent any further credit expansion is to place the banking business under the general rules of commercial and civil laws compelling every individual and firm to fulfill all obligations in full compliance with the terms of the contract. If you have to convince a group of people who are not directly dependent on a solution of a problem, you will never succeed. Only to bureaucrats can the idea occur that establishing new offices, promulgating new decrees, and increasing the number of government employees alone can be described as positive and beneficial measures. The issue is always the same: the government or the market. There is no third solution.

Delerium - Run For It https://www.youtube.com/watch?v=ZxVEOc_PQ3E

.
Media Pivot on Obamcare Holding

The Main Stream Media has pivoted away from reporting problems people are having with Obamacare caused inurance policy cancellations.

The Media widely reported the "fix" Obama announced to allow people to keep their policies, and now virtually all large media has pretended the fix "announced " by Obama made the problem go away.

The "Fix" Obama announced to allow people to keep their policy is helping no one in many of the most populous states, yet that is not being reported. Many Democratic controlled states are simply killing the fix refusing to waive state regulations in this emergency situation.

Those having their policy canceled in California, New York, Washington, Massachusetts, Minnesota, New York, Indiana, Rhode Island, and Vermont are now screwed and Obama's fix did nothing for them at all. The large Media outlets are just ignoring this however. except Fox News.

Fox News is the one large news outlet that is reporting the facts the other large Medial pretend do not exists.

http://www.foxnews.com/politics/2013/11 ... improving/

.
U.S. FED - Federal Reserve Bank: More Preparation for World Wide Bank Runs needed now

http://www.cnbc.com/id/101222045

jcsok wrote:Decided its time to try short ES this morning. As the Euro crashed in one minute (how's that for liquidity) 120 points, and continues lower, now down 200, the ES futures ramped to barely make a new high.

http://www.zerohedge.com/news/2013-11-2 ... ond-market

Its been dead and what is left was the warm reboot worth opportunity costs. " the value of the next-highest-valued alternative use of that resource."

I call it the fargo market since the design has put millions into a economic wood chipper.
Then they have the balls to call it a success as hand to mouth existence for millions.

Twisting a towel to the point the threads start to tear for the very last drop.

Now to the next class to be exterminated.

Never a word about the repressionary corrosive effect as stealth inflation and the wasting process of its design. Millions wiped out since there are no accidents in Politics.
Sticky wages was clubbed to death with Bill Clinton as countless lost one third wages and over half benefits after the NAFTA industrial manufacturing wage arbitrage culling.

Jul 03, 2011: Even as the tiny bubbles called the middle class simply cease to exist in the Obama induced myopia the drones refuse to wake.
We shall see and we know the GD outcome. We know the hope defered paradox.
" One might ask the question, "Aren't American socialists in favor of their own country's survival?"
To answer this question, we must turn to abnormal psychology.

Recall Keynes's erroneous prediction that within a century people's material wants would be satiated. When that happened, the demand for capital (to finance consumption) would plummet and rentiers (people who live on income from passive investments, such as stocks or bonds, and thus are hoarders) would be wiped out, a prospect that delighted Keynes, who looked forward to "the euthanasia of the rentier.

Thomas Jefferson. I believe that banking institutions are more dangerous to our liberties than standing armies. ... will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. Comments: This quotation is often cited as being in an 1802 letter to Secretary of the Treasury Albert Gallatin, and/or "later published in The Debate Over the Recharter of the Bank Bill (1809)."

XXVI. THE IMPOSSIBILITY OF ECONOMIC CALCULATION UNDER SOCIALISM
“It is the two fundamental errors of mathematical economics that must be indicted. The mathematical economists are almost exclusively intent upon the study of what they call economic equilibrium and the static state. Recourse to the imaginary construction of an evenly rotating economy is, as has been pointed out, an indispensable mental tool of economic reasoning. But it is a grave mistake to consider this auxiliary tool as anything else than an imaginary construction”
He no longer deals with human action but with a soulless mechanism mysteriously actuated by forces not open to further analysis. In the imaginary construction of the evenly rotating economy there is, of course, no room for the entrepreneurial function. Thus the mathematical economist eliminates the entrepreneur from his thought. He has no need for this mover and shaker whose never ceasing intervention prevents the imaginary system from reaching the state of perfect equilibrium and static conditions. He hates the entrepreneur as a disturbing element. The prices of the factors of production, as the mathematical economist sees it, are determined by the intersection of two curves, not by human action. The problem of socialist economic calculation is precisely this: that in the absence of market prices for the factors of production, a computation of profit or loss is not feasible. Who should be master, the consumers or the director? With whom should the ultimate decision rest whether a concrete supply of factors of production should be employed for the production of the consumers good or the consumers good be? Such a question does not allow of any evasive answer.

It must be answered in a straightforward and unambiguous way. Mises

http://gdxforum.com/forum/viewtopic.php ... asia#p4427
http://gdxforum.com/forum/viewtopic.php ... ers#p21290
http://finviz.com/futures_performance.ashx?v=12

https://www.youtube.com/watch?v=7BDBzgHXf64
https://www.youtube.com/watch?v=L5pHM-o2_Dk

http://www.ft.com/intl/cms/s/0/b1d409d0 ... ition=intl

November 24, 2013 7:00 pm

US banks warn Fed interest cut could force them to charge depositors

By Tom Braithwaite and Stephen Foley in New York and Robin Harding in
Washington

The seal of the Federal Reserve Board of Governors©AFP

The seal of the Federal Reserve Board of Governors

Leading US banks have warned that they could start charging companies
and consumers for deposits if the US Federal Reserve cuts the interest
it pays on bank reserves.

Depositors already have to cope with near-zero interest rates, but
paying just to leave money in the bank would be highly unusual and
unwelcome for companies and households.

The warning by bank executives highlights the dangers of one strategy
the Fed could use to offset an eventual “tapering” of the $85bn a
month in asset purchases that have fuelled global financial markets
for the last year.


Minutes of the Fed’s October meeting published last week showed it was
heading towards a taper in the coming months – perhaps as soon as
December – but wants to find a different way to add stimulus at the
same time. “Most” officials thought a cut in the interest on bank
reserves was an option worth considering.

Executives at two of the top five US banks said a cut in the 0.25 per
cent rate of interest on the $2.4tn in reserves they hold at the Fed
would lead them to pass on the cost to depositors.

Banks say they may have to charge because taking in deposits is not
free: they have to pay premiums of a few basis points to a US
government insurance programme.

“Right now you can at least break even from a revenue perspective,”
said one executive, adding that a rate cut by the Fed “would turn it
into negative revenue – banks would be disincentivised to take
deposits and potentially charge for them”.

Other bankers said that a move to negative rates would not only trim
margins but could backfire for banks and the system as a whole, as it
would incentivise treasury managers to find higher-yielding, riskier
assets.

“It’s not as if we are suddenly going to start lending to [small and
medium-sized enterprises],” said one. “There really isn’t the level of
demand, so the danger is that banks are pushed into riskier assets to
find yield.”

The danger of negative rates has deterred the Fed from cutting
interest on bank reserves in the past. If it were to do so now, it
would most probably expand a new facility that lets banks and money
market funds deposit cash at a small, positive interest rate. That
should avoid any need for banks to charge depositors.

About half of the reserves come from non-US banks that do not have to
pay the deposit insurance fee. Their favourite manoeuvre is to take
deposits from money market funds and park them overnight at the Fed,
earning millions of dollars risk-free. Cutting the interest on
reserves would stop that.

Lowering interest on reserves would also affect money market funds,
said Alex Roever, head of US interest rate strategy at JPMorgan.

“[It] would decrease the incentive for those banks to borrow in the
money markets, which in turn could leave money market funds short of
certain investments and force them to bid up the price of their next
best options,” he said.

Richard Gilhooly, strategist at TD Securities, highlighted some
benefits to the Fed from the possible cut: “[It] would not only anchor
short-term rates near zero, it also stands to boost the profits for
the Fed as they pay less interest to banks,” he said.

Additional reporting by Michael Mackenzie in New York and Patrick
Jenkins in London

Copyright The Financial Times Limited 2013. You may share using our
article tools. Please don't cut articles from FT.com and redistribute
by email or post to the web.

Well John, that sure is the cherry on top. re banks

So they will charge you to keep money in the bank
You are an unsecured creditor
The money continually loses value
If there is a problem you may not have access to "your" money
Some/much of your money may be used to bail out the bank if the bank has a problem
There is very little FDIC insurance to cover bank losses

gee - what is not to like ( sarcasm )
And I wondered why years ago the people who lived through the depression did not trust banks, who would? the sheeple?

Looks like the First National Bank of Mattress might get popular again.

gerald wrote:Looks like the First National Bank of Mattress might get popular again.

Did somebody say mattress bank?

http://blog.mattressman.co.uk/2013/04/s ... -bank.html

gerald wrote:Looks like the First National Bank of Mattress might get popular again.

They're already discussing ways to get around that one.

http://armstrongeconomics.com/2013/11/1 ... -solution/

http://www.businessweek.com/articles/20 ... he-economy

If interest rates go negative and cash is devalued or eliminated, people will be forced turn to alternative money and barter. Governments are already going after bitcoin, so the alternatives will probably need to be tangible or very localized.

After watching the past 5 years, there is no doubt they are stupid enough to do this. The effect will be to move the world toward a Dark Age faster by making a subsistence lifestyle in the underground economy more attractive.

Higgenbotham wrote:

gerald wrote:Looks like the First National Bank of Mattress might get popular again.

They're already discussing ways to get around that one.

http://armstrongeconomics.com/2013/11/1 ... -solution/

http://www.businessweek.com/articles/20 ... he-economy

If interest rates go negative and cash is devalued or eliminated, people will be forced turn to alternative money and barter. Governments are already going after bitcoin, so the alternatives will probably need to be tangible or very localized.

After watching the past 5 years, there is no doubt they are stupid enough to do this. The effect will be to move the world toward a Dark Age faster by making a subsistence lifestyle in the underground economy more attractive.

It will be very interesting if they push to get rid of cash.
Many of the working poor rely on cash for many purchases.
And what about all of the cash outside of the US?--- yes this is a bit old but illustrates the issue -- 70% of US cash is outside of the US http://www.marketskeptics.com/2009/03/w ... iding.html

Getting rid of cash could be the breaking point for any trust in this government.

From the book "Thou Shall Prosper" printed 2010, written by Rabbi Daniel Lapin, page 162

"It is that faith that converts metal disks and printed paper into money. There is little actual value in the metal disk or the paper strip he holds. It cannot be used as food, medicine, clothing or housing. It is really a spiritual representation of a magical combination of a promise and a claim. And without faith in the value of the promise, the promise itself is useless."

gerald wrote:Getting rid of cash could be the breaking point for any trust in this government.

From the book "Thou Shall Prosper" printed 2010, written by Rabbi Daniel Lapin, page 162

"It is that faith that converts metal disks and printed paper into money. There is little actual value in the metal disk or the paper strip he holds. It cannot be used as food, medicine, clothing or housing. It is really a spiritual representation of a magical combination of a promise and a claim. And without faith in the value of the promise, the promise itself is useless."

I agree. Even devaluing cash against electronic money could be the breaking point.