zerosum
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There is a lot of entertainment value in the wiggling and contortions of politicians.
That’s the benefit of social/news media.The truth or lies are irrelevant when they don’t hurt you personally.
blizzard in the mid west – I don’t care
The lotto winner is not me – I don’t care
Nobody care for my opinions – I don’t care
• Fed Paid Banks $38.5 Billion in Interest on “Reserves” in 2018 (WS)
Where did the money come from ( $38.5 Billion )?
OKAY, I get it. From the loans it bought. from the banks. ie. MBSInterest income: $112.3 billion. This is the amount the Fed received in interest payments on the securities it holds, including those acquired as part of QE: Treasury securities, mortgage-backed securities (MBS), and government-sponsored enterprise (GSE) debt securities (the latter is now almost nothing in the grander scheme of things, just $2.4 billion, and down from $169 billion peak in 2010).
Normally, these line items would be ironic because, obviously, the Fed doesn’t need to borrow money – it creates money when it needs some – and therefore, it wouldn’t need to pay interest. But these are not normal times.
The $4.6 billion: This is what the Fed paid in interest expense on securities that it sold under agreement to repurchase. This too came out of taxpayer’s pocket.
The total the Fed sent to banks and others in interest that came out of taxpayers’ pocket amounted to a combined wealth transfer in 2018 of $43.1 billion.There are 94 comment/questions. I’m still confused. Is that added to the deficit? Only a banker can follow the money.
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” …. because what has really changed is not just the number of homeless people, but who these homeless people are….. some are Uber drivers who took out too many loans to buy their car to do their job.”
How poor can the poor get.
Check out these homeless drivers in the philippines. Many of them sleep in their “sidecar motorcycle in the philippines” to be able to pick up their favorite working customer before daylight.” …. there could be trouble if growth dips below 6%,”
I don’t believe it.
Trouble for who?
The western societies have less growth and nobody is saying that there could be trouble.Do they mean trouble like the “yellow vest”?
Its all part of bread and circus.
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” …. At the end of 2010, domestic consumption accounted for around 35.6% of Chinese GDP,…. That was remarkably low compared to most other economies, not least the US, where consumption accounted for almost 70% of GDP. …. As of 2017, Chinese consumption as a share of GDP had risen to 39.1%,”WHAT!!!!
Good is suppose to be 70% of GDP like the USA!!!
You got to be kidding!
You had better take another look at the social/economic situation in the USA
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” …. Thompson claims that a massive collaborative program between the Department of Defense and arms companies is needed to counter Russian and Chinese advances. “I got the answer.
Bring all the soldiers home. Deploy more drones, eyes in the sky. Nobody will attack the USA——-
• Julian Assange’s Living Conditions Deteriorate (Cassandra Fairbanks)
Imagine what the conditions would be like in a democratic regime with freedom of speech. Opss!
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” …. he is “repairing” any section that ever existed. “hehehehe!
You solution, just said that the emperor is naked.
Just for your evaluation.
I couldn’t wait for tomorrow for this to show up.http://charleshughsmith.blogspot.com/2019/01/the-recession-will-be-unevenly.html
The Recession Will Be Unevenly Distributed
When the cash flow is reduced,
Those households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper.How can anyone, who does not have grey hair, make an educated decision or comprehend before understanding the “code words” used as a means of social exclusion (reinforcing ingroup-outgroup barriers) or social aspiration (when intended as a way of showing off).
eg. “….call for the appointment of a “minister for hunger” ….”
spin doctor
bubble makers
propaganda
fake news
cherry pickers
manipulation
Innuendoweasel words ( https://en.wikipedia.org/wiki/Weasel_word )
jargon ( https://en.wikipedia.org/wiki/Jargon )
circumlocution ( https://en.wikipedia.org/wiki/Circumlocution )Supplies are up
Sales are down
I have a lot of demands. I have no more money. I cannot get any more credit.
I need a solution before my problem causes the system to crash.
https://www.zerohedge.com/news/2019-01-07/france-free-fall
“A group of retired generals published an open letter, saying that signing the Global Compact was a further step towards “the abandonment of national sovereignty” and noted that “80% of the French population think that immigration must be halted or regulated drastically“.
The author Éric Zemmour described the “yellow vests” revolt as the result of the “despair of people who feel humiliated, forgotten, dispossessed of their own country by the decisions of a contemptuous caste”.
What did the French do the last time that they revolted against a “contemptuous caste”?
Will the “contemptuous caste” succeed in diverting the anger of the yellow vest to the immigrants?.• Rival Fiefdoms Emerge In Scramble Over Trump’s Syria Withdrawal (AlM)
We are not at war.
We are not involved in a war.
I never said that we were at war and until I say that we are at war then we are not at war.Don’t believe what you hear. Those flying war machines are not involved in war efforts.
Those explosions have not been made by us. That destruction did not happen because of us.There are too many cry babies complaining.
Its all FAKE NEWS.
Its all PROPOGANDA.
/sar·casm
[ˈsärˌkazəm]NOUN
the use of irony to mock or convey contempt.
“his voice, hardened by sarcasm, could not hide his resentment”
synonyms:
derision · mockery · ridicule · satire · irony · scorn · sneering · scoffing · gibing · taunting · trenchancy · mordancy · acerbity · causticity · mordacityHow do gov. determine what action is considered an act of war against their citizens?
https://www.washingtonpost.com/world/the_americas/us-fires-tear-gas-across-mexico-border-to-stop-migrants/2019/01/01/67d6a802-0e3c-11e9-8f0c-6f878a26288a_story.html?utm_term=.7df273cf41c3
By Daniel Ochoa De Olza and Julie Watson | AP
January 2TIJUANA, Mexico — Just after people raised their glasses to ring in the New Year, about 150 migrants gathered at a section of border wall in Tijuana to try to cross into the United States, many of them asylum seekers fed up with the long wait to have their claims processed.
Tuesday’s confrontation was at least the second time in a little over a month that U.S. authorities have fired tear gas into Tijuana. The action drew sharp criticism from politicians and activists on both sides of the border and raised questions about the use of force against migrants.
An AP photographer saw migrants put their hands up or behind their heads once they crossed the border as agents approached.
An Associated Press photographer saw rocks thrown only after U.S. agents fired the tear gas.Could this year be a repeat?
https://en.wikipedia.org/wiki/Great_Flood_of_1862
the precipitation was likely caused by a series of atmospheric rivers that hit the Western United States along the entire West Coast, from Oregon to Southern California.[2]
Prior to the flooding, Oregon had steady but heavier than normal rainfall during November and heavier snow in the mountainsThe water flooding the Central Valley reached depths up to 30 feet (9.1 m), completely submerging telegraph poles that had just been installed between San Francisco and New York. Transportation, mail, and communications across the state were disrupted for a month.[17] Water covered portions of the valley from December 1861, through the spring, and into the summer of 1862.[10]
The word your looking for “abyss”
definition
a catastrophic situation seen as likely to occur to the people with wealth that is built upon “leverage.”https://www.investopedia.com/terms/l/leverage.asp
Leverage results from using borrowed capital as a funding source when investing to expand the firm’s asset base and generate returns on risk capital. Leverage is an investment strategy of using borrowed money — specifically, the use of various financial instruments or borrowed capital — to increase the potential return of an investment. Leverage can also refer to the amount of debt a firm uses to finance assets. When one refers to a company, property or investment as “highly leveraged,” it means that item has more debt than equity.Since I don’t have leverage I must be poor.
I guarantee you …. what ever L. Kudlow says is true …. not B. S. /sac
Despite a “gloomy” picture in the stock market, Trump’s top economic advisor says a U.S. recession is not in the cards.
National Economic Council Director Larry Kudlow cites the better-than-expected jobs report, which showed the economy adding 312,000 jobs in December.
“There’s no recession in sight,” Kudlow tells Bloomberg television.Who is this guy
https://en.wikipedia.org/wiki/Larry_Kudlowdirector of staff of 25 to coordinate the economic policy making process and provide economic policy advice to the President. The Council also ensures that economic policy decisions and programs are consistent with the President’s stated goals, and monitors the implementation of the President’s economic goals.
https://en.wikipedia.org/wiki/National_Economic_Council_(United_States)
What are his outstanding qualification for the job.
Kudlow has been married three times:
former television host
Well connected name dropper
His advise is always wrong
Kudlow’s style is boldly assertive and his line of argument is always framed in expressions of optimism about the economy, the stock market, and the dollar.
a publicized battle with cocaine and alcohol addiction,
His family is Jewish.
In 1970, he was still a Democrat,• Why This Time Is Different (MooTrades)
Nobody is jumping off buildings
What kind of meds are they taking?
It cannot be the same kind of opiods as the poor.
Billions of $ have been lost.
The poor didn’t find those billions. 🙂Every one else had food on the table for the holidays!
There were no rich people jumping off the roof.• MH17 Turnabout: Ukraine’s Guilt Now Proven (Zuesse)
Why have there not been hundreds of lawyers trying to make their fortunes and/or their reputations by going to court?
How can anyone disagree with the rich and powerful giving billions of ordinary peoples dollars to other rich and powerful people?
IT COULD BE DANGEROUS.Why do so many rich people bitch about giving welfare to the poor?
Milke estimates that the $13.7-billion in Ottawa’s auto-sector bailouts in 2009 eventually cost Canadian taxpayers about $3.7 billion in money that was never repaid.
“The fact that governments loan and finance corporations, including through agencies such as EDC, which then turn around and deny access to information about written-off amounts, indicates another problem with loans, grants and loan guarantees – the lack of transparency,” said Mark Milke, formerly of the Fraser Institute.
“The practice of denying information about ‘commercially sensitive’ data is routine.”“We found it impossible to gain a complete picture of the assistance provided, the difference the assistance made to the viability of the companies, and the amounts recovered and lost,” Michael Ferguson said in his fall 2014 report.
“There was no comprehensive reporting of the information to Parliament.”LET THE BANKS DO THE PRINTING AND GET INTEREST PAYMENTS
The most-recent Canada Account transaction is a $1-billion-plus loan guarantee to the Royal Bank of Canada and the Toronto-Dominion Bank in support of the government’s recently announced acquisition of Trans Mountain Pipeline L.P. The exact amount of the guarantee has been withheld.
If the establishment cannot find a solution for the problems that they have created
“We must not imply that the populists are right ……. they are just loud and do not have any specific proposals to offer on solving the challenges of our time. – Juncker
There are too many errors, and lies in the following statement that it is only appropriate to an alternate universe.
….when Mattis and Dunford sang the praises of the “rules-based, international democratic order” that has “kept the peace for 70 years,”
Trump simply shook his head in disbelief.”In actuality, Trump would have said, “You’re fired”. ( Ops!)
If a pension plan does not have the money to give you a pension, then you will need to depend on the food from your garden, until you starve.
If your cash flow from loans stops, then you will need to depend on the food from your garden, until you starve.If you use your gun to put food on the table, then you will need to depend on the food from everyone elses garden, until they starve.
Who did you think was going to be the last man standing?
Who wants to live as the last man standing in the wreckage of our social/economic system?
Therefore, like I said, If your are rich, and not relying, on that cash flow, to put bread on the table, from a loan, from someone who cannot pay you, because he does not have the money, then its a non performing loan, and you may as well call it a jubilee.
You cannot get blood out of a stone.
Was this fake news?
The Pentagon Can’t Account for $21 Trillion (That’s Not a Typo)
May 14, 2018 by Lee Camp
If the Pentagon is hiding spending that dwarfs the amount of tax dollars coming in to the federal government, then it’s clear the government is printing however much it wants and thinking there are no consequences. Once these trillions are considered, our fiat currency has even less meaning than it already does, and it’s only a matter of time before inflation runs wild.So why can’t our government also “create” endless money for health care, education, the homeless, veterans benefits and the elderly, to make all parking free and to pay the Rolling Stones to play stoop-front shows in my neighborhood? (I’m sure the Rolling Stones are expensive, but surely a trillion dollars could cover a couple of songs.)
You can see here
https://media.defense.gov/2016/Jul/26/2001714261/-1/-1/1/DODIG-2016-113.pdf
Obviously, our government could do those things, but it chooses not to. Earlier this month, Louisiana sent eviction notices to 30,000 elderly people on Medicaid to kick them out of their nursing homes. Yes, a country that can vomit trillions of dollars down a black hole marked “Military” can’t find the money to take care of our poor elderly. It’s a repulsive joke.
“an out of control Capitalism.”
“…. but costs us a lot more money, and creates fabulous well-advertised routes for bribery and corruption, are we better off, or worse?”
WHO MAKES THE RULES?
WHO HAS ALL THE MONEY?
WHO ENFORCES THE RULES?
The consumer sleeping in a cardboard box under the overpass.
put it in prospective ….
when the shit hits the fan
http://www.asianage.com/age-on-sunday/181118/secrets-of-the-ancient-mayan-empire.htmlThe mysterious decline
From the late eighth century through to the end of ninth century something mysterious happened to the Maya civilization. One by one, the cities were abandoned and by AD 900 the entire civilization just collapsed.
To think that some 4000 years ago, someone stood in the exact place as you perhaps participating in a ritual ceremony! Welcome to the world of the Mayans.
The Mayan civilization is probably one of the greatest pre-Columbian civilization that extended from central America to present-day Belize, Guatemala, El Salvador, Honduras and southern Mexico.Great explanation.
I could not have said it better.I see JAPAN in our future.
Everyone, (gov. included) who lent money or printed money, that does not need the cash flow revenue to live on can have a jubilee in their future and nothing would change in our social/economic system. No one would be poorer or richer.
I didn’t take long to find a substitute mercenary force.
https://abcnews.go.com/International/wireStory/latest-israeli-official-israel-carried-strike-60024909
This frame grab from a video provided by the Syrian official news agency SANA shows missiles flying into the sky near Damascus, Syria, Tuesday, Dec. 25, 2018. Israeli warplanes flying over Lebanon fired missiles toward areas near the Syrian capital of Damascus late Tuesday, hitting an arms depot and wounding three soldiers, Syrian state media reported, saying that most of the missiles were shot down by air defense units. (SANA via AP)Qais Khazali, the head of the Iran-backed Asaib Ahl al-Haq militia that fought key battles against IS in north Iraq, promised on Twitter that Parliament would vote to expel U.S. forces from Iraq, or the militia and others would force them out by “other means.”
• Trump Declares End To US ‘Policeman’ Role In Surprise Iraq Visit (AFP)
Its now time to pay for our (mercenary)• Dow Rallies 1,000 Points, Biggest Single-Day Point Gain Ever (CNBC)
Sorry. I don’t believe that there were- people
involved.
“President Donald Trump told reporters after a Christmas Day phone call with troops that he won’t reopen the government until he gets the $5 billion in funding for his border wall.”
Could this shutdown result in a balanced budget?
Could this shutdown result in a tax reduction for everyone?“It has nothing to do with journalism, though, or news. It’s smear and dirt, the business model of the National Enquirer. That’s how far our once truthful media have fallen. “
Can I give a bit of help and suggest the following sentence?
There were
no drones,no collusions, just random crank calls? That’s a WAY better attackthan real drones.real collusions.Who, I ask, who owns stocks in
• Japan’s Nikkei Drops 5% After Wall Street Slide Deepens (CNBC)Who lost money that they needed to put food on the table?
“Negative sentiment has replaced logic, as is often the case during a sell-off. A third of the selling is induced by panic, another third by loss-cutting and the remaining third by speculators trying to make a profit from the market rout,” said Takashi Hiroki, chief strategist at Monex Securities in Tokyo. “The sell-off is triggered almost entirely by developments in the U.S. markets, rather than by negative factors unique to the domestic market.”
You win …. “There were no drones, just random crank calls? That’s a WAY better attack than real drones.”
Are lawyers on partial shutdown?
If you try to get away with murdering the truth the way Der Spiegel and the Guardian have done in these two instances, who’s going to read you next time around if they want to know what really happens, and take your words as true?
Its too late. The internet is here.
The internet made them do it!Most of the time, I put quotes or italic to indicate that it was someone else that said something interesting, insightful, profound, accurate
““….Year in Review” synopsis full of keen perspective and plenty of wit.
….You are making Russia a threat by declaring us to be one,
….it doesn’t mean he can implement them.
….Political power in this country is not divided between right and left, and not even between rich and poor. The real line is between a war party, and everyone else.
….Like all members of the military profession I never had an original thought until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of the higher- ups. …”
….but it’s bad for business
…. if you haven’t been paying attention
….If your beliefs are giving you wrong predictions, change your beliefs
The only thing that matter is “Putting food on the table. All the rest is luxury.” – zerosum
“Crying with no tears” – zerosum
The sellers did not sell a at a loss.
They sold at a lower profit.
Those who loss money had no business being there and gambling.Listen to “economic advisor” saying, “What the fed is doing is wrong. They should keep printing, print more. Don’t raise interest rates”
What we now need are balloon twisters.
https://en.wikipedia.org/wiki/Balloon_modellingDow Dives 400 Points To End Its Worst Week In 10 Years (CNBC)
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Did his stories make money?• Der Spiegel To Run 23-Page Special On Reporter Who Faked Stories (AFP)
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@ pd
…. high-power RF pulses ….
Took tech for your average idiot.
A slingshot. bb on the runway would do more harm.
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The tide is going out, (bulldog resigned), every one is naked, (calling for more war)(fake news) Today is the shortest day of the year.
Read about a different reality
Then there’s Hoyer’s claim – echoed by Senator Graham, every pundit on CNN and MSNBC, and just about every vacuous D.C. analyst – that pulling out of Syria is “dangerous.”
