11/21/16
Readers have probably read the story reporting that clothing designer Sophie Theallet has declined to outfit Ms. Trump and is encouraging other designers to do the same. Ms. Theallet happily supplied clothing designs for Ms. Obama.
Ms. Theallet said, “We consider our voice an expression of our artistic and philosophical ideas.”
Isn’t is odd that Christians who disagree with those who practice homosexuality are forced by the ‘diversity embracers’ to bake wedding cakes for gay couples regardless of their ‘philosphical ideas’?
She went on to say, “As one who celebrates and strives for diversity, individual freedom and respect for all lifestyles, I will not participate in dressing or associating in any way with the next First Lady. The rhetoric of racism, sexism, and xenophobia unleashed by her husband’s presidential campaign are incompatible with the shared values we live by.”
This lady supposedly celebrates diversity but aren’t sexist, racist, xenophobic people part of our diverse population? Seems to me that Ms. Theallet is just as discriminating as everyone else. She is just choosing who she does business with. I for one, agree that all business people should be able to decide for themselves with whom they do business. Bravo, Ms. Theallet! By the way, I don’t think Ms. Trump really needs, nor has asked, for your services.
Ms. Theallet described dressing Ms. Obama as “…a highlight and an honor. She has contributed to having our name recognized and respected worldwide. Her values, actions, and grace have always resonated deeply within me.”
‘Values’ and ‘actions’ ‘resonate deeply with me’? Please.
If Ms. Theallet cared to read something once in a while, she might find Ms. Obama’s tenure at the University of Chicago Medical Center serving as ‘Vice President of Community and External Affairs’ an interesting read.
While in her position of power at a hospital, Ms. Obama made up to $300k full-time (ever wonder why your hospital bill is so high?) and then $100k part-time (as her husband entered the presidential race). What did she do there?
Ms. Obama helped create a program to send poor patients to community hospitals while reserving space at her own hospital for richer, more insurance paying patients. This is called ‘dumping’. The euphemism for this practice of sending poor people to less affluent hospitals is called ‘re-directing’. President Reagan made this illegal with the 1986 Medical Emergency Labor and Treatment Act. Ms. Obama was obviously not concerned with law. Only profits. And, she got paid well for her service.
People like Ms. Theallet all seem to be the same robotic, narcissistic, arrogant, ignorant mentality. That all think they know something but their thoughts reveal they know nothing. Logic does not exist in their brains. Their mind is made up and they do not want to hear facts. People who espouse a desire for diversity seem to discriminate as much as everyone else. They just think they are better than everyone.
Get a clue, Ms. Theallet. The world ain’t all black and white and right and wrong. There is a lot of mess in there and real heroes are very hard to find.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Saturday, November 19, 2016
Thursday, November 17, 2016
The Deplorables Have A Message
11/16/16
European Commission president Jean-Claude Junger just made a speech in which he said the following about President Elect Trump: “We will need to teach the president-elect what Europe is and how it works…”
What an arrogant, condescending, pretentious, pompous, ninny. Seems that Mr. Junger needs to learn about the real america and it ain’t the sissy-pants, college campus, socialists he has been talking to. Allow me the opportunity to help out Mr. Junger to better his understanding of the Trump phenomena.
First, the 2016 election was not so much about Donald Trump as it was a rejection of the current path of america. It could have been Donald Trump or Donald Duck or Donald the plumber. I think voters in most states voiced a desire for change. Period. It should be noted that Mr. Trump’s political party, the republicans, won both the House and the Senate as well.
Second, Mr. Trump was elected to send a message to the world. Mr. Junger, if you will set your gaze due west you might see the message. Maybe you will have to stand on a chair but it will be worth it. Do you see it? Yes, that object you see rising from the american back country is a giant middle finger. And Mr. Junger, it is pointed directly at world politicians and bureaucrats like yourself.
Why the finger?
Let’s look at an example of why half the voting population backed Mr. Trump.
Stanford University in California just witnessed a demonstration on campus protesting Mr. Trump’s election. Professors and students alike participated. This is where one wants to pull up a chair and make some popcorn. The college campus clown show gets funnier every day.
The demonstrators raised a specific idea of making their campus a sanctuary for people in the country who are not of legal status. If I were the president, I would make it so. Since they volunteered, I would have immigration deport those who are engaged in criminal activities and send them to Stanford. Students would be required to house the immigrants in their dorms, share their food, clothes, and resources. Professors would be required to teach an extra two or three classes for these immigrants at no charge. Current students would be required to serve as tutors. And, the professors would be required to learn the language of the immigrants.
Of course, it seems utterly ridiculous that a campus like Stanford would raise the issue of discrimination, diversity, and inclusion.
First, the school charges $64,000 per year for tuition and boarding. That’s for just one year! I don’t suppose they get a lot of diverse poor people applying at Stanford. One might question why the tuition would be so high at Stanford? The tuition is high for the same reason country clubs charge so much for admission. It is to keep the rif-raf out and on the other side of their golden gates. One might even say this is discrimination at its cruelest.
Second, the school only accepts some 5% of applicants. Well, aren’t they picky and very discriminatory about who they let in. A 95% rejection rate smacks in the face of all that diversity and inclusion they chant about.
Third, the academic requirements are stringent. The school only looks to accept the highest achieving students with the best grades and the best SAT scores. Students that don’t have the privilege of attending better high schools are generally excluded from Stanford’s selective process.
So, this is just another example of the elite trying to tell the rest of us what to do.
This has led to Californian Senator Boxer introducing legislation to terminate the Electoral College method of presidential elections. The Electoral College system was put in place to keep the states with large populations, like California, from imposing their efforts on the rest of the country. Ms. Boxer better hurry, though. Californians are moving to other states in larger numbers than those migrating in from elsewhere.
California, it should be noted, is home to some one-third of US welfare recipients and boasts of the highest poverty rate in the US according to US economic census. Yeah, the rest of us want to be like California.
In the 2016 presidential election, Mr. Trump won two-thirds of the states by majority vote and thus the electoral college votes.
Mr. Trump, someone else needs to see our middle finger again!
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
European Commission president Jean-Claude Junger just made a speech in which he said the following about President Elect Trump: “We will need to teach the president-elect what Europe is and how it works…”
What an arrogant, condescending, pretentious, pompous, ninny. Seems that Mr. Junger needs to learn about the real america and it ain’t the sissy-pants, college campus, socialists he has been talking to. Allow me the opportunity to help out Mr. Junger to better his understanding of the Trump phenomena.
First, the 2016 election was not so much about Donald Trump as it was a rejection of the current path of america. It could have been Donald Trump or Donald Duck or Donald the plumber. I think voters in most states voiced a desire for change. Period. It should be noted that Mr. Trump’s political party, the republicans, won both the House and the Senate as well.
Second, Mr. Trump was elected to send a message to the world. Mr. Junger, if you will set your gaze due west you might see the message. Maybe you will have to stand on a chair but it will be worth it. Do you see it? Yes, that object you see rising from the american back country is a giant middle finger. And Mr. Junger, it is pointed directly at world politicians and bureaucrats like yourself.
Why the finger?
Let’s look at an example of why half the voting population backed Mr. Trump.
Stanford University in California just witnessed a demonstration on campus protesting Mr. Trump’s election. Professors and students alike participated. This is where one wants to pull up a chair and make some popcorn. The college campus clown show gets funnier every day.
The demonstrators raised a specific idea of making their campus a sanctuary for people in the country who are not of legal status. If I were the president, I would make it so. Since they volunteered, I would have immigration deport those who are engaged in criminal activities and send them to Stanford. Students would be required to house the immigrants in their dorms, share their food, clothes, and resources. Professors would be required to teach an extra two or three classes for these immigrants at no charge. Current students would be required to serve as tutors. And, the professors would be required to learn the language of the immigrants.
Of course, it seems utterly ridiculous that a campus like Stanford would raise the issue of discrimination, diversity, and inclusion.
First, the school charges $64,000 per year for tuition and boarding. That’s for just one year! I don’t suppose they get a lot of diverse poor people applying at Stanford. One might question why the tuition would be so high at Stanford? The tuition is high for the same reason country clubs charge so much for admission. It is to keep the rif-raf out and on the other side of their golden gates. One might even say this is discrimination at its cruelest.
Second, the school only accepts some 5% of applicants. Well, aren’t they picky and very discriminatory about who they let in. A 95% rejection rate smacks in the face of all that diversity and inclusion they chant about.
Third, the academic requirements are stringent. The school only looks to accept the highest achieving students with the best grades and the best SAT scores. Students that don’t have the privilege of attending better high schools are generally excluded from Stanford’s selective process.
So, this is just another example of the elite trying to tell the rest of us what to do.
This has led to Californian Senator Boxer introducing legislation to terminate the Electoral College method of presidential elections. The Electoral College system was put in place to keep the states with large populations, like California, from imposing their efforts on the rest of the country. Ms. Boxer better hurry, though. Californians are moving to other states in larger numbers than those migrating in from elsewhere.
California, it should be noted, is home to some one-third of US welfare recipients and boasts of the highest poverty rate in the US according to US economic census. Yeah, the rest of us want to be like California.
In the 2016 presidential election, Mr. Trump won two-thirds of the states by majority vote and thus the electoral college votes.
Mr. Trump, someone else needs to see our middle finger again!
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Friday, November 11, 2016
The Revolution of the Deplorables
11/11/16
“I look to a day when people will not be judged by the color of their skin, but by the content of their character.” - Dr. Martin Luther King
Amen.
Unfortunately, we live in an age of profound ignorance and stupidity. Students of color attending UCal-Berkeley decided they needed a ‘safe place’ on campus so they have prevented students not of their same color from passing into their selected zone. They shouted, ‘Go around!’. Isn’t that the same message Rosa Parks heard on buses until she decided to raise her own rebel flag and take a seat. It seems that those who claim to abhor racism are the racists. Bigots come in every color.
As Einstein said, human stupidity is likely to be infinite.
Everyone should watch the comic genius of Dave Chapelle and his skit of Clayton Bigsby, White Supremest. He captures the insane stupidity of bigotry.
Now Donald Trump has captured the White House. This is the revolution of the deplorables, as Ms. Clinton framed Trump supporters. Clinton supporters seem surprised but they have their own ignorance and bigotry to blame. When one depends on ‘Mirror, mirror on the wall - who is the fairest of all’ as the only source of information on one’s looks, one should not be surprised that the information dispensed by the mirror is fatally compromised. The US media has been so enamored with everything Obama and Clinton that they never bothered to even wonder why the other side, the deplorables, felt differently - much less attempt to ask a question. Instead, they followed the Obama doctrine. They talked down to the deplorables. They denigrated them. They framed them in any number of derogatory terms. Hate-filled. Racists. Rednecks. Even white, blue-collar workers (as if now, being white or working every day is something shameful).
Meanwhile, the press promoted diversity to the point that they became Clayton Bigsby and everything is about skin color and not content of character. The so-called ‘progressives’ promoted sexual orientation to the point that in our local schools, teachers have been told not to refer to children as ‘boys’ or ‘girls’. It’s offensive. Then they had to have a special sexual preference designation of ‘LGBT’. Then they added a ‘Q’. Now I understand there is an ‘I’, an ‘M’, and an ‘A’ added to the list. Where does the ‘I’m so special’ mentality end?
A Trump White House has been a long time in the making. George Bush surrendered the country to the banksters in 2007 with the great aid of democrats from California like Nancy Pelosi. The banksters robbed the nation blind while elected politicians waved the white flag. The Bush regime lied to the american public about everything, started unjust and illegal wars, crushed liberty with the NSA spy agency, and captured the world’s biggest heroin farm in Afghanistan so the CIA could run secret wars all over the globe with drug money. For the first time, the US began assassinating people all over the world using drone warfare with no due process of law or justice. Bush’s twin, Obama, took over and continued the same regime policies of constant war against the world, destruction of civil liberties, and a profane redistribution of wealth gravitating to the top one percent.
It seems to me that Criminal Stumpf, the CEO of the criminal enterprise Wells Fargo Bank, was emblematic of the anger voiced by the deplorables. While encouraging his workers to commit multiple felonies (opening fraudulent bank accounts for the purposes of stealing money from the bank’s depositors), this criminal truly didn’t think he, nor his bank, had done anything wrong. Defrauding the public has been the law of the land for a long time. Witness that Mr. Stumpf walked away with some $120 million for his good service.
But that’s not the beginning. We have to go back to March 18, 1988. On that day, President Reagan signed Executive Order 12631 thus creating the ‘Working Group on Financial Markets’. This was the beginning of the PPT (Plunge Protection Team). This was government authoritarianism disguised as, in the words of the order’s author, Reagan, ‘I’m from the government and I’m here to help’. The same man said these were the most terrifying words in the english language. Yet, this, and the central bank, remain at the root of most problems. Let’s explore.
First, we must recognize that this action was the result of a 22% single-day plunge in the Dow Jones Industrial Average. This was the ‘fear’ that the elite use to get their way. Scare the public enough and they will give in to anything. Lose their money in stocks? What if the government could help my manipulating prices higher?
The one-percenters have always been interested in protecting themselves so they sought to stack the deck, so to speak. The group is composed of the Treasury Secretary, the head of the SEC, the head of the CFTC, and of course, the head of the Federal Reserve Bank. Note, there are no economists nor business leaders in this group. Just government bureaucrats. The goal is not to help the economy. The goal is to further manipulate stock prices higher so the one-percent gets richer with less risk. Also note that this group comprises the most necessary people in position to manipulate prices higher.
Below are excerpts from the executive order.
Executive Order 12631 -- Working Group on Financial Markets
‘Sec. 2. Purposes and Functions. (a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider:’
Americans are a little dense so allow me to point out the important phrase here. College students may need to deploy their forefinger to the page. That would be the finger next to the thumb. Yes, the one used to send all those meaningful texts and Facebook posts. It’s not their fault. Their education system was compromised decades ago so that knowledge was replaced by indoctrination. Look at college campuses today. Listen to the ignorance espoused by students. Sadly, citizens have been blinded by false allegiance and patriotism to a government that only seeks to enslave.
Given that government always tries to obfuscate its real intent, we have to read carefully.
Did readers catch that phrase about ‘maintaining investor confidence’? What does that mean? What does that entail? We all know the truth. The investment institutions are set up to make the rich richer. The rich engage in insider trading (see hedge funds), front running (see high frequency trading), and disinformation (see the media or CNBC). Truth is a four letter word. I cannot believe that any investor with a functioning brain cell does not think the game is rigged. But the little people have to be corralled. Investor confidence goes up and down with stock prices. Therefore, the way to maintain investor confidence is to constantly inflate stock prices by any means necessary.
How do they do it?
‘(c) To the extent permitted by law and subject to the availability of funds therefor, the Department of the Treasury shall provide the Working Group with such administrative and support services as may be necessary for the performance of its functions.’
The US Department of the Treasury will provide funding? Isn’t that the department of the government that pays the country’s bills with our tax money? If money was not needed to buy stocks, why then would the Treasury even be included? Why does the group have four members? Two are from trading operations, one is the money of the tax payer, and the fourth is the nefarious central bank. Of course they run the PPT!
The result has been an enormous distortion of asset prices throughout the world. Other central bankers, the SNB and the BOJ are openly buying stocks. Yet when the possibility of buying stocks was posed to current fed head Ms. Yellen, she daftly played the american stupidity card by saying that it was currently illegal for the fed to buy ‘corporate assets’. That satisfied the media. Of course the fed is a grand and wondrous institution looking after our welfare. Please! The media is simply a regime lap-dog. Keep questioning. Keep thinking.
First, ETFs are not directly corporate assets. By Ms. Yellen’s answer, that leaves ETFs as an asset they could buy. And they do. Directly or indirectly.
Second, the issuance of stock options, to my understanding, is not a taxable event. As we know, any asset in the US is taxed. Thus, stock options are technically not a corporate asset. So, it seems to me that the fed could buy options all day long. Many stock observers have noticed the sudden, extreme, reversals of nearly every stock selloff that resolves with a ‘V’ shaped turn back to the upside. Options and ETFs would be a likely tool to accomplish this.
These distortions, economic or social, have fed the anti-establishment movement. Curiously, or maybe not so curiously, the revolutionists now are the older people and not the younger generation. In the British vote to leave the EU, older voters were the demographic most in favor of independence. Younger people preferred the european social welfare state.
In the US, I would suspect the same. Very simply, the people with the money have voted not to redistribute their money to dopey college students who want Santa Claus to pay for their college debts. Instead of begging for handouts, these college students should seriously think about suing the institutions that flim-flammed them on their education because they have obviously learned nothing.
For instance, the younger folks are all for an increase in minimum wages and a continuation of the status quo. Yet none of these youngsters has any understanding of economic reality. And, it is so simple. Why have so many businesses relocated to a country outside of the US? One can go to the border of Mexico and see american businesses operating within eye-shot of the border. Why? Because wages are cheaper in Mexico. Why has China become a manufacturing powerhouse? Because wages are cheaper there. Business is about competition. At the end of the day, even Marxist socialist college students buy things every day on websites that import stuff in to the US because they get it cheaper that way because it is made by people who earn much less than americans. Artificially raising wages by government mandate does not make the economy stronger.
I am sure that this next thought is never, ever, never, broached on a modern college campus. The federal reserve bank openly talks about stimulating inflation to a 2% clip. Why? Because this is their way of helping banks steal money. Inflation is a silent thief. If we can buy a loaf of bread today for a dollar, the fed wants to make us pay $1.02 for that loaf of bread at the end of the year. Then $1.04 the next year and so on. Do the math. Even if the government were to mandate a doubling of the minimum wage, the gain in wages would be eroded in less than a generation, due to the constant 2% inflation rate. Raising minimum wages while instigating inflation at the same time is like paddling a canoe with one paddle going forward and another in reverse. The canoe does not move.
Before I leave this point, let me repeat myself from a previous post. In 1968, the minimum wage in the US was $1.60 per hour. Due to the afore mentioned inflation, that $1.60 is equivalent to $10.70 or so in 2016 dollars. The BEA says that 40% of hourly workers make less than $10.70 per hour. Read this next sentence carefully. In 1968, no hourly worker made less than minimum wage while in 2016 40% of hourly workers make less than the 1968 equivalent minimum wage. Students need to understand this lest they ignorantly support a Bernie Sanders type in the next election. This issue is a hoax perpetrated by, well, the ignorant and the elite. And, in the end, the government only wants to raise minimum wages so they can collect more taxes.
So maybe voters, or at least half of them, are seeking the truth. Maybe they are seeking fairness. Maybe they are seeking sanity. Instead of rioting, destroying property, and spreading love and acceptance in the wake of a Trump victory, these young folks should explain to me and everyone else why their idea of socialism or facism or whatever is a better way to govern. Maybe they should show us an example where total government control leads to better living standards.
I’ll start the conversation with Cuba. Healtcare and education are both free in Cuba. Sounds like a Clinton-Sanders utopia, right? Even the elites agree. For example, we can quote the UN’s World Health Organization who says that Cuba’s health care system should be a model for the world. It is free to all citizens. Of course, the average Cuban makes $60 dollars a month. It ain’t free!!!
What about free education? Yep, it is free in Cuba. Young socialists should move there! But wait. Cuba has had second thoughts. President Raul Castro said this in 2012: “What we need to root out definitively is the irresponsible attitude of consuming, with nobody — or very few people — worrying about how much it costs the country to guarantee that and, above all, if it can really do so.” Come on college students. READ SOMETHING AND STOP LISTENING TO YOUR IDIOT PROFESSORS!! Okay, we’ll all wait while you get your forefinger handy.
Finally witness two pieces of information gleaned from the November issue of National Geographic magazine. One, an article on Cuba revealed that the writer’s cab driver was educated as a civil engineer. He drove a cab because it paid better than the state run engineer job. Two, an article on the revitalization of Sri Lanka revealed that the country was in the midst of an economic turnaround after a ‘failed attempt at socialism’.
Maybe if people actually read a little bit (non-US media), they will come to understand why the deplorables revolted.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
“I look to a day when people will not be judged by the color of their skin, but by the content of their character.” - Dr. Martin Luther King
Amen.
Unfortunately, we live in an age of profound ignorance and stupidity. Students of color attending UCal-Berkeley decided they needed a ‘safe place’ on campus so they have prevented students not of their same color from passing into their selected zone. They shouted, ‘Go around!’. Isn’t that the same message Rosa Parks heard on buses until she decided to raise her own rebel flag and take a seat. It seems that those who claim to abhor racism are the racists. Bigots come in every color.
As Einstein said, human stupidity is likely to be infinite.
Everyone should watch the comic genius of Dave Chapelle and his skit of Clayton Bigsby, White Supremest. He captures the insane stupidity of bigotry.
Now Donald Trump has captured the White House. This is the revolution of the deplorables, as Ms. Clinton framed Trump supporters. Clinton supporters seem surprised but they have their own ignorance and bigotry to blame. When one depends on ‘Mirror, mirror on the wall - who is the fairest of all’ as the only source of information on one’s looks, one should not be surprised that the information dispensed by the mirror is fatally compromised. The US media has been so enamored with everything Obama and Clinton that they never bothered to even wonder why the other side, the deplorables, felt differently - much less attempt to ask a question. Instead, they followed the Obama doctrine. They talked down to the deplorables. They denigrated them. They framed them in any number of derogatory terms. Hate-filled. Racists. Rednecks. Even white, blue-collar workers (as if now, being white or working every day is something shameful).
Meanwhile, the press promoted diversity to the point that they became Clayton Bigsby and everything is about skin color and not content of character. The so-called ‘progressives’ promoted sexual orientation to the point that in our local schools, teachers have been told not to refer to children as ‘boys’ or ‘girls’. It’s offensive. Then they had to have a special sexual preference designation of ‘LGBT’. Then they added a ‘Q’. Now I understand there is an ‘I’, an ‘M’, and an ‘A’ added to the list. Where does the ‘I’m so special’ mentality end?
A Trump White House has been a long time in the making. George Bush surrendered the country to the banksters in 2007 with the great aid of democrats from California like Nancy Pelosi. The banksters robbed the nation blind while elected politicians waved the white flag. The Bush regime lied to the american public about everything, started unjust and illegal wars, crushed liberty with the NSA spy agency, and captured the world’s biggest heroin farm in Afghanistan so the CIA could run secret wars all over the globe with drug money. For the first time, the US began assassinating people all over the world using drone warfare with no due process of law or justice. Bush’s twin, Obama, took over and continued the same regime policies of constant war against the world, destruction of civil liberties, and a profane redistribution of wealth gravitating to the top one percent.
It seems to me that Criminal Stumpf, the CEO of the criminal enterprise Wells Fargo Bank, was emblematic of the anger voiced by the deplorables. While encouraging his workers to commit multiple felonies (opening fraudulent bank accounts for the purposes of stealing money from the bank’s depositors), this criminal truly didn’t think he, nor his bank, had done anything wrong. Defrauding the public has been the law of the land for a long time. Witness that Mr. Stumpf walked away with some $120 million for his good service.
But that’s not the beginning. We have to go back to March 18, 1988. On that day, President Reagan signed Executive Order 12631 thus creating the ‘Working Group on Financial Markets’. This was the beginning of the PPT (Plunge Protection Team). This was government authoritarianism disguised as, in the words of the order’s author, Reagan, ‘I’m from the government and I’m here to help’. The same man said these were the most terrifying words in the english language. Yet, this, and the central bank, remain at the root of most problems. Let’s explore.
First, we must recognize that this action was the result of a 22% single-day plunge in the Dow Jones Industrial Average. This was the ‘fear’ that the elite use to get their way. Scare the public enough and they will give in to anything. Lose their money in stocks? What if the government could help my manipulating prices higher?
The one-percenters have always been interested in protecting themselves so they sought to stack the deck, so to speak. The group is composed of the Treasury Secretary, the head of the SEC, the head of the CFTC, and of course, the head of the Federal Reserve Bank. Note, there are no economists nor business leaders in this group. Just government bureaucrats. The goal is not to help the economy. The goal is to further manipulate stock prices higher so the one-percent gets richer with less risk. Also note that this group comprises the most necessary people in position to manipulate prices higher.
Below are excerpts from the executive order.
Executive Order 12631 -- Working Group on Financial Markets
‘Sec. 2. Purposes and Functions. (a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation's financial markets and maintaining investor confidence, the Working Group shall identify and consider:’
Americans are a little dense so allow me to point out the important phrase here. College students may need to deploy their forefinger to the page. That would be the finger next to the thumb. Yes, the one used to send all those meaningful texts and Facebook posts. It’s not their fault. Their education system was compromised decades ago so that knowledge was replaced by indoctrination. Look at college campuses today. Listen to the ignorance espoused by students. Sadly, citizens have been blinded by false allegiance and patriotism to a government that only seeks to enslave.
Given that government always tries to obfuscate its real intent, we have to read carefully.
Did readers catch that phrase about ‘maintaining investor confidence’? What does that mean? What does that entail? We all know the truth. The investment institutions are set up to make the rich richer. The rich engage in insider trading (see hedge funds), front running (see high frequency trading), and disinformation (see the media or CNBC). Truth is a four letter word. I cannot believe that any investor with a functioning brain cell does not think the game is rigged. But the little people have to be corralled. Investor confidence goes up and down with stock prices. Therefore, the way to maintain investor confidence is to constantly inflate stock prices by any means necessary.
How do they do it?
‘(c) To the extent permitted by law and subject to the availability of funds therefor, the Department of the Treasury shall provide the Working Group with such administrative and support services as may be necessary for the performance of its functions.’
The US Department of the Treasury will provide funding? Isn’t that the department of the government that pays the country’s bills with our tax money? If money was not needed to buy stocks, why then would the Treasury even be included? Why does the group have four members? Two are from trading operations, one is the money of the tax payer, and the fourth is the nefarious central bank. Of course they run the PPT!
The result has been an enormous distortion of asset prices throughout the world. Other central bankers, the SNB and the BOJ are openly buying stocks. Yet when the possibility of buying stocks was posed to current fed head Ms. Yellen, she daftly played the american stupidity card by saying that it was currently illegal for the fed to buy ‘corporate assets’. That satisfied the media. Of course the fed is a grand and wondrous institution looking after our welfare. Please! The media is simply a regime lap-dog. Keep questioning. Keep thinking.
First, ETFs are not directly corporate assets. By Ms. Yellen’s answer, that leaves ETFs as an asset they could buy. And they do. Directly or indirectly.
Second, the issuance of stock options, to my understanding, is not a taxable event. As we know, any asset in the US is taxed. Thus, stock options are technically not a corporate asset. So, it seems to me that the fed could buy options all day long. Many stock observers have noticed the sudden, extreme, reversals of nearly every stock selloff that resolves with a ‘V’ shaped turn back to the upside. Options and ETFs would be a likely tool to accomplish this.
These distortions, economic or social, have fed the anti-establishment movement. Curiously, or maybe not so curiously, the revolutionists now are the older people and not the younger generation. In the British vote to leave the EU, older voters were the demographic most in favor of independence. Younger people preferred the european social welfare state.
In the US, I would suspect the same. Very simply, the people with the money have voted not to redistribute their money to dopey college students who want Santa Claus to pay for their college debts. Instead of begging for handouts, these college students should seriously think about suing the institutions that flim-flammed them on their education because they have obviously learned nothing.
For instance, the younger folks are all for an increase in minimum wages and a continuation of the status quo. Yet none of these youngsters has any understanding of economic reality. And, it is so simple. Why have so many businesses relocated to a country outside of the US? One can go to the border of Mexico and see american businesses operating within eye-shot of the border. Why? Because wages are cheaper in Mexico. Why has China become a manufacturing powerhouse? Because wages are cheaper there. Business is about competition. At the end of the day, even Marxist socialist college students buy things every day on websites that import stuff in to the US because they get it cheaper that way because it is made by people who earn much less than americans. Artificially raising wages by government mandate does not make the economy stronger.
I am sure that this next thought is never, ever, never, broached on a modern college campus. The federal reserve bank openly talks about stimulating inflation to a 2% clip. Why? Because this is their way of helping banks steal money. Inflation is a silent thief. If we can buy a loaf of bread today for a dollar, the fed wants to make us pay $1.02 for that loaf of bread at the end of the year. Then $1.04 the next year and so on. Do the math. Even if the government were to mandate a doubling of the minimum wage, the gain in wages would be eroded in less than a generation, due to the constant 2% inflation rate. Raising minimum wages while instigating inflation at the same time is like paddling a canoe with one paddle going forward and another in reverse. The canoe does not move.
Before I leave this point, let me repeat myself from a previous post. In 1968, the minimum wage in the US was $1.60 per hour. Due to the afore mentioned inflation, that $1.60 is equivalent to $10.70 or so in 2016 dollars. The BEA says that 40% of hourly workers make less than $10.70 per hour. Read this next sentence carefully. In 1968, no hourly worker made less than minimum wage while in 2016 40% of hourly workers make less than the 1968 equivalent minimum wage. Students need to understand this lest they ignorantly support a Bernie Sanders type in the next election. This issue is a hoax perpetrated by, well, the ignorant and the elite. And, in the end, the government only wants to raise minimum wages so they can collect more taxes.
So maybe voters, or at least half of them, are seeking the truth. Maybe they are seeking fairness. Maybe they are seeking sanity. Instead of rioting, destroying property, and spreading love and acceptance in the wake of a Trump victory, these young folks should explain to me and everyone else why their idea of socialism or facism or whatever is a better way to govern. Maybe they should show us an example where total government control leads to better living standards.
I’ll start the conversation with Cuba. Healtcare and education are both free in Cuba. Sounds like a Clinton-Sanders utopia, right? Even the elites agree. For example, we can quote the UN’s World Health Organization who says that Cuba’s health care system should be a model for the world. It is free to all citizens. Of course, the average Cuban makes $60 dollars a month. It ain’t free!!!
What about free education? Yep, it is free in Cuba. Young socialists should move there! But wait. Cuba has had second thoughts. President Raul Castro said this in 2012: “What we need to root out definitively is the irresponsible attitude of consuming, with nobody — or very few people — worrying about how much it costs the country to guarantee that and, above all, if it can really do so.” Come on college students. READ SOMETHING AND STOP LISTENING TO YOUR IDIOT PROFESSORS!! Okay, we’ll all wait while you get your forefinger handy.
Finally witness two pieces of information gleaned from the November issue of National Geographic magazine. One, an article on Cuba revealed that the writer’s cab driver was educated as a civil engineer. He drove a cab because it paid better than the state run engineer job. Two, an article on the revitalization of Sri Lanka revealed that the country was in the midst of an economic turnaround after a ‘failed attempt at socialism’.
Maybe if people actually read a little bit (non-US media), they will come to understand why the deplorables revolted.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Wednesday, October 19, 2016
The Chart That Exposes Bull Rally As B.S.
10/19/16
The current bull market in stocks is old by bull standards. It started in early 2009 when Ben Bernanke’s Fed staged a coup, assumed command of the US economy, and by default, the government. After all, they are following the strategy of controlling the money supply and therefore the government of a nation. The central bankers have initiated several quantitative easing periods, reduced interest rates at their bank to zero (thus affecting all interest rate coupons downstream), participated in multiple efforts to steal money from citizens and reward it to corrupt, fraudulent, bankrupt banker friends, and they continue to manipulate asset prices through action and rhetoric. The result has been a bull market in stock prices. That makes the idiots of the world believe in the ‘economic recovery’.
Where are we now in October of 2016?
In one chart, we can see the artificial nature of the bullish trend. The chart at the end of this article is a 20-year look at the S&P 500 in green and S&P earnings in blue.
The first earnings decline, or recession, was a result of Alan Greenspan’s idiocy at the Fed. His low interest rates led to the tech bubble. The tech bubble burst, Greenspan raised rates, and corporate earnings followed stock prices lower. As is the case for military industrial powers, the solution to an economic recession was to implode a couple of buildings, frame a patsy, lie about the event, and foment enough fear in the populace to launch military invasions of numerous countries. Military conquests always give the false impression of an improving economy due to the war effort spending.
Most importantly, the dead economy and the inability for bankers to make money gave rise to the derivatives era. Companies could issue and buy derivatives at will and make up any price they wanted to make the accounting look good. I call this the ‘mark to fantasy’ period. Naturally, corporate earnings rose with derivative valuations.
Greenspan the Idiot was followed by Bernanke the Idiot who continued to raise interest rates until the war effort had run its course and the economy was again contracting. The Bush regime changed the accounting practices for derivatives so corporations had to account for derivatives as for what they could actually sell them. This was the ‘mark to market’ period. Corporate earnings collapsed with stock prices. This all makes sense so far.
Then, since the military had already invaded every nation void of central bankers and military spending could offer no more growth, the Bush regime reversed course and changed ‘mark to market’ accounting back to ‘mark to fantasy’. And just like that, corporate earnings improved immediately. By valuing derivatives at whatever price made the accounting look good, earnings led stock prices higher into our current bull trend.
Today stocks are trading at near all-time highs. But what about corporate earnings? Fourth quarter of 2016 is anticipated by all to be the sixth straight quarterly decline in corporate earnings. Yet, stock prices are still elevated to bubble territory never before seen. It is also worth noting that in real 1930 dollar valuation, corporate earning are less than they were in 1929. This is the result of the Fed’s destruction of the dollar’s value.
To justify stock prices, earnings need to begin another period of growth. How likely is that? Or, to justify the decline in corporate earnings, stock prices need to fall. How likely is that given that the Fed’s sole mission is to support stock prices and by default, their bankster friends?
Given that earnings are almost back down to where they were in 2008, should stock prices mirror 2008 levels we can reason that stock prices could, and should, fall some 50% from current levels.
Given that corporations have used zero interest rates to buy back record levels of stock just to manipulate prices higher, we can reason that this effort is about to fail to keep the bubble intact.
However, given that the Fed is still in business, we should not expect a meaningful decline in stock prices. The Fed will simply not allow that to happen. Yes, they are already talking about ‘buying stocks on a consistent basis’ to keep the bubble elevated. So, corporate earnings will continue to ebb while stock prices will continue higher. Yellen the Idiot will not be content until stock valuations are more over-valued than ever before! Investors must hold their noses and close their eyes while bidding up stock prices.
What should the average investor do?
Recent government regulations will make it harder than ever for investors to find a true advisor. For example, I am not a fan of annuities but in some cases they may be appropriate. As an independent advisor, I only recommend commission-free annuities. There are only two of them that I know of. Since they don’t pay agents commission, the only way for an advisor to make money on them is to charge a very small advisory fee. As a bonus, these two annuities actually offer sub-accounts that can take advantage of a falling stock index should that ever be the case again. Don’t expect these no-load annuities to be offered by most agents, however. The companies that offer these annuities don’t even have sales people in the company to push the product. That’s why most people have never heard of this idea. If investors want the truth, give me a call.
In the meantime, look at the chart below. Falling earnings and rising stock prices cannot be a trend forever. We all must decide at some point whether it is more likely for stock prices to fall or it is more likely for corporate earnings to somehow begin to grow again. The chart seems to indicate that the current bull market is really just B.S.
S&P earnings in blue, S&P 500 in green over 20 years.
Chart courtesy stockcharts.com
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
The current bull market in stocks is old by bull standards. It started in early 2009 when Ben Bernanke’s Fed staged a coup, assumed command of the US economy, and by default, the government. After all, they are following the strategy of controlling the money supply and therefore the government of a nation. The central bankers have initiated several quantitative easing periods, reduced interest rates at their bank to zero (thus affecting all interest rate coupons downstream), participated in multiple efforts to steal money from citizens and reward it to corrupt, fraudulent, bankrupt banker friends, and they continue to manipulate asset prices through action and rhetoric. The result has been a bull market in stock prices. That makes the idiots of the world believe in the ‘economic recovery’.
Where are we now in October of 2016?
In one chart, we can see the artificial nature of the bullish trend. The chart at the end of this article is a 20-year look at the S&P 500 in green and S&P earnings in blue.
The first earnings decline, or recession, was a result of Alan Greenspan’s idiocy at the Fed. His low interest rates led to the tech bubble. The tech bubble burst, Greenspan raised rates, and corporate earnings followed stock prices lower. As is the case for military industrial powers, the solution to an economic recession was to implode a couple of buildings, frame a patsy, lie about the event, and foment enough fear in the populace to launch military invasions of numerous countries. Military conquests always give the false impression of an improving economy due to the war effort spending.
Most importantly, the dead economy and the inability for bankers to make money gave rise to the derivatives era. Companies could issue and buy derivatives at will and make up any price they wanted to make the accounting look good. I call this the ‘mark to fantasy’ period. Naturally, corporate earnings rose with derivative valuations.
Greenspan the Idiot was followed by Bernanke the Idiot who continued to raise interest rates until the war effort had run its course and the economy was again contracting. The Bush regime changed the accounting practices for derivatives so corporations had to account for derivatives as for what they could actually sell them. This was the ‘mark to market’ period. Corporate earnings collapsed with stock prices. This all makes sense so far.
Then, since the military had already invaded every nation void of central bankers and military spending could offer no more growth, the Bush regime reversed course and changed ‘mark to market’ accounting back to ‘mark to fantasy’. And just like that, corporate earnings improved immediately. By valuing derivatives at whatever price made the accounting look good, earnings led stock prices higher into our current bull trend.
Today stocks are trading at near all-time highs. But what about corporate earnings? Fourth quarter of 2016 is anticipated by all to be the sixth straight quarterly decline in corporate earnings. Yet, stock prices are still elevated to bubble territory never before seen. It is also worth noting that in real 1930 dollar valuation, corporate earning are less than they were in 1929. This is the result of the Fed’s destruction of the dollar’s value.
To justify stock prices, earnings need to begin another period of growth. How likely is that? Or, to justify the decline in corporate earnings, stock prices need to fall. How likely is that given that the Fed’s sole mission is to support stock prices and by default, their bankster friends?
Given that earnings are almost back down to where they were in 2008, should stock prices mirror 2008 levels we can reason that stock prices could, and should, fall some 50% from current levels.
Given that corporations have used zero interest rates to buy back record levels of stock just to manipulate prices higher, we can reason that this effort is about to fail to keep the bubble intact.
However, given that the Fed is still in business, we should not expect a meaningful decline in stock prices. The Fed will simply not allow that to happen. Yes, they are already talking about ‘buying stocks on a consistent basis’ to keep the bubble elevated. So, corporate earnings will continue to ebb while stock prices will continue higher. Yellen the Idiot will not be content until stock valuations are more over-valued than ever before! Investors must hold their noses and close their eyes while bidding up stock prices.
What should the average investor do?
Recent government regulations will make it harder than ever for investors to find a true advisor. For example, I am not a fan of annuities but in some cases they may be appropriate. As an independent advisor, I only recommend commission-free annuities. There are only two of them that I know of. Since they don’t pay agents commission, the only way for an advisor to make money on them is to charge a very small advisory fee. As a bonus, these two annuities actually offer sub-accounts that can take advantage of a falling stock index should that ever be the case again. Don’t expect these no-load annuities to be offered by most agents, however. The companies that offer these annuities don’t even have sales people in the company to push the product. That’s why most people have never heard of this idea. If investors want the truth, give me a call.
In the meantime, look at the chart below. Falling earnings and rising stock prices cannot be a trend forever. We all must decide at some point whether it is more likely for stock prices to fall or it is more likely for corporate earnings to somehow begin to grow again. The chart seems to indicate that the current bull market is really just B.S.
S&P earnings in blue, S&P 500 in green over 20 years.
Chart courtesy stockcharts.com
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Monday, September 26, 2016
Wake Up, America!!
09/26/16
What a week for america! The liars and cheaters were everywhere. Wells Fargo’s CEO was called before Congress to answer for his company’s core function of cheating customers through fraudulent accounts. Facebook had to admit that it had been lying to advertisers about duration of ads watched on Facebook. AT&T received a hefty fine for lying to customers about internet speed. Obama made his final UN appearance and proceeded to lie about everything america. Hedge fund manager Leon Cooperman was charged with insider trading. The Fed met and once again erased their previously drawn ‘red line’. No, they didn’t raise interest rates but intimated that higher rates were still ‘live’ at the next meeting. Sure they are. Could lying and cheating in america get any worse? Then there is the FDA and the DEA.
Insys Therapeutics, headquartered in Arizona, is the maker of Subsys - a fentanyl- based drug. They will soon launch a synthetic THC-based drug. THC is the psychoactive chemical in cannabis. Insys just gave the movement to keep cannabis illegal $500,000 dollars. Yes, please read that last sentence again. The company making a synthetic THC wants to keep organic THC illegal. How are they doing it? Through the protection of the FDA with a donation of half a million dollars to the prohibition camp! Isn’t that called a ‘bribe’?
Insys CEO John Kapoor had this to say. "Our stance is consistent with our company's goals. We strive to develop pharmaceutical products for the supportive care of patients while taking patient safety very seriously. To that end, we believe that all available medicines should meet the clinical standards set by the FDA."
Didn’t the lying FDA and lying DEA say there was no medical application for cannabis? Liars!
Why would anyone want a synthetic THC chemical when they could have the original organic THC? The reason, Grasshopper is synthetic THC can be patented and organic THC can not. Patents mean monopoly and money! Therefore, big pharma would very much like to influence the government regulators to render only synthetic cannabis legal so they can monopolize the market. And you thought the CEO of Insys Therapeutics was only interested in our safety and good health? And you thought the US gooberment had your best interest in mind?
The fact that the FDA and the DEA are simply bribed by pharmaceutical companies makes them both complete frauds. Then they just lie about literally everything to support their decisions.
The Insys CEO says he believes ‘all available medicines should meet the clinical standards set by the FDA’. Really? Why then is his company in trouble for killing people with the fentanyl drug they manufacture? Why then is his company in trouble for fraudulently marketing the fentanyl drug for therapy not approved by his FDA?
I suspect Mr. Kapoor knows that fentanyl is 80 times more potent than morphine and is just as addictive as herion, it’s opioid organic cousin. So far since the beginning of time, cannabis has never killed anyone. Mr. Kapoor’s drugs kill thousands every year.
When bringing up the subject of fraud and lies, the topic cannot be discussed without mention of the DEA. Just to add to a point from a previous post concerning the DEA’s quest to ban the herb known as kratom, the DEA claims there have been 15 deaths over the last two years due to kratom. Actually, only one death has ever been officially attributed to ‘kratom intoxication’. In all these cases, coroners admitted that the deceased had other chemicals in their system that could have caused death. Even if the 15 deaths were true, and since the DEA says it is we therefore know it can’t be because they are just yet another pathological lying arm of the pathological lying US gooberment, the American Association of Poison Control Centers (AAPCC) cited 52 deaths in year 2000 from an obviously more dangerous drug. That drug would be aspirin. Between years 2001 and 2010, aspirin killed some 1,500 people in the US according to data. So how is kratom more dangerous than aspirin? Still think the government is on your side?
I don’t mean to digress but as a disclosure, I have personally taken kratom. A few months ago I injured an elbow. Long story short, I heard grinding and snapping in the elbow, the elbow swelled up, turned all shades of blue and black, and felt as though something had torn loose thus causing extreme pain. My initial thought was surgery. Instead, a friend who was experienced in herbal medications, recommended kratom for pain. I took two tablets of a kratom extract instead of aspirin for the pain. The result was incredible. The pain subsided and I was fully recovered within a week. I can only attribute my recovery to the kratom. No, I did not get addicted to kratom like the DEA claims. In fact, I have not taken any since my initial dose. No, I didn’t hallucinate or attempt to bite anyones face or whatever ludicrous claims the DEA makes. In fact, I did not experience anything at all except pain relief and recovery. I too would recommend kratom for pain relief and joint ache. After all, that is why kratom has been used for centuries. Well, not after September 30 in america when kratom gets moved to the DEA’s schedule one drug list along with heroin and cannabis. Now a tablet of kratom is a federal offense. It is this sort of thing that makes america hard to respect.
Of course, we must remember too that kratom has been shown to reduce opioid dependence that big pharma makes a killing from - both literally and figuratively. This is just an example of the pathetic current state of america. Americans are truly afraid of everything.
Sadly, this is the new america. Organic compounds from plants can’t be patented and monetized by big pharma. Synthetics can and money made from synthetics filters down to the congresstitutes who work for big pharma to keep us in the dark and big pharma rich. We, the citizens, no longer have a government to represent us.
So when reading the lies the gooberment puts out at the command of the pharma Johns who own the congresstitutes, remember this fact. The National Institute of Health estimates that aspirin alone sends 78,000 people a year to the emergency room. And, acetaminophen is also the nation’s leading cause of acute liver failure. Yet, it is legal.
So, let’s review.
America is a nation which is led by politicians, or congresstitutes, who know nothing, lie about everything, and accept payment for doing so just to enrich themselves with special interest money. American citizens are terrified of everything, offended by everything, and yet know nothing because their ‘news’ is more controlled than that of the North Koreans. The sad part is most americans are satisfied with a level of ignorance that is just profane.
Why do I even bother to write about this? Because I am a patriot of liberty and I know that liberty is all that stands between us and governmental enslavement. If we don’t fight for liberty, we will lose it. Then, we will live like the North Koreans.
Witness this from Vapor Voice magazine this month. Roswell Park Cancer Institute is a leading cancer research center. They just put out, in August, 2016, their research concluding that electronic cigarettes are safer than tobacco cigarettes. Lead author, Maciej Goniewicz, stated, “It’s the first time we have very strong evidence that we will be able now to give (smokers) that the answer is, yes, this you should consider a transition, a substitute for your tobacco cigarette that will save your life.”
Wow! There is a product that according to research can save lives and it is about to get banned in america because big pharma wants it banned. And, they will get it banned. Why? Because they paid for it to be banned!!
Big pharma, big tobacco, big government, and big government regulators have now passed legislation that will put most of the electronic cigarette industry out of business. Why?
How many times have we heard President Blowhard preach to us about the ‘science’ of climate change? Yet, where is the science behind prohibiting the vaporization of electronic cigarettes?
Conclusion
There can be only one conclusion. Instead of embracing a new industry that will lead to billions of dollars in sales in a economy that needs new products, instead of embracing a new product that unequivocally helps smokers to stop smoking known carcinogenic tobacco cigarettes, the US gooberment is moving to prohibition. Again, why?
It’s the money, Grasshopper. The Campaign for Tobacco-Free Kids (CTFK) is one of the leaders against the vaping industry. This lobby group was created by the Robert Wood Johnson Foundation. The founder, Mr. Johnson, was none other than the president and board member of Johnson and Johnson. J&J of course makes Nicorette gum and other smoking cessation products. Gee, Mr. Johnson would surely hate to see tobacco smokers quit by using vaping devices rather than his ridiculously over-priced gum. So, the John finds the congresstitutes to do his dirty work.
In a previous post, I highlighted the fact that Pfizer makes Chantix products that also are used for smoking cessation. In 2015, the FDA put a ‘black box’ warning on the Chantix product. The list of side effects is too long to list but suffice to say that due to the seizure and blackout effects attributed to Chantix, truckers and airline pilots have been prohibited from using the product. Yet, as the FDA moved to ban vapor products in the summer of 2016, the same fraudulent arm of the gooberment rescinded their previous ruling. The so-called black box warning is the step just before out-right banning. But in their zeal to do the work of big pharma, the FDA elected to allow Pfizer to remove most of the warning about Chantix and all the severe side effects. So far, the side effects of vaping e-liquids through an ENDS are, well, nothing.
Why should non-smokers care? The congresstitutes that passed legislation to effectively strangle vaping gave draconian powers to the FDA - the government regulator in charge of SS duties. In their fervent effort to stamp out vapor products so the killing tobacco industry could keep, well, killing, the FDA also made End Nicotine Device Systems (ENDS) subject to product-killing expenses. Many of the ENDS use metal coils, cotton wicks, and batteries to make the devices work. So, citizens could now be arrested for being in possession of a battery, a cotton ball, or a piece of wire.
If ever there was a time in history to bring the current government to a halt and form a new one, the time is now!! There can be no freedom without truth. The current regime has no interest in truth - only control. Elect me president and see how fast things change!
What a week for america! The liars and cheaters were everywhere. Wells Fargo’s CEO was called before Congress to answer for his company’s core function of cheating customers through fraudulent accounts. Facebook had to admit that it had been lying to advertisers about duration of ads watched on Facebook. AT&T received a hefty fine for lying to customers about internet speed. Obama made his final UN appearance and proceeded to lie about everything america. Hedge fund manager Leon Cooperman was charged with insider trading. The Fed met and once again erased their previously drawn ‘red line’. No, they didn’t raise interest rates but intimated that higher rates were still ‘live’ at the next meeting. Sure they are. Could lying and cheating in america get any worse? Then there is the FDA and the DEA.
Insys Therapeutics, headquartered in Arizona, is the maker of Subsys - a fentanyl- based drug. They will soon launch a synthetic THC-based drug. THC is the psychoactive chemical in cannabis. Insys just gave the movement to keep cannabis illegal $500,000 dollars. Yes, please read that last sentence again. The company making a synthetic THC wants to keep organic THC illegal. How are they doing it? Through the protection of the FDA with a donation of half a million dollars to the prohibition camp! Isn’t that called a ‘bribe’?
Insys CEO John Kapoor had this to say. "Our stance is consistent with our company's goals. We strive to develop pharmaceutical products for the supportive care of patients while taking patient safety very seriously. To that end, we believe that all available medicines should meet the clinical standards set by the FDA."
Didn’t the lying FDA and lying DEA say there was no medical application for cannabis? Liars!
Why would anyone want a synthetic THC chemical when they could have the original organic THC? The reason, Grasshopper is synthetic THC can be patented and organic THC can not. Patents mean monopoly and money! Therefore, big pharma would very much like to influence the government regulators to render only synthetic cannabis legal so they can monopolize the market. And you thought the CEO of Insys Therapeutics was only interested in our safety and good health? And you thought the US gooberment had your best interest in mind?
The fact that the FDA and the DEA are simply bribed by pharmaceutical companies makes them both complete frauds. Then they just lie about literally everything to support their decisions.
The Insys CEO says he believes ‘all available medicines should meet the clinical standards set by the FDA’. Really? Why then is his company in trouble for killing people with the fentanyl drug they manufacture? Why then is his company in trouble for fraudulently marketing the fentanyl drug for therapy not approved by his FDA?
I suspect Mr. Kapoor knows that fentanyl is 80 times more potent than morphine and is just as addictive as herion, it’s opioid organic cousin. So far since the beginning of time, cannabis has never killed anyone. Mr. Kapoor’s drugs kill thousands every year.
When bringing up the subject of fraud and lies, the topic cannot be discussed without mention of the DEA. Just to add to a point from a previous post concerning the DEA’s quest to ban the herb known as kratom, the DEA claims there have been 15 deaths over the last two years due to kratom. Actually, only one death has ever been officially attributed to ‘kratom intoxication’. In all these cases, coroners admitted that the deceased had other chemicals in their system that could have caused death. Even if the 15 deaths were true, and since the DEA says it is we therefore know it can’t be because they are just yet another pathological lying arm of the pathological lying US gooberment, the American Association of Poison Control Centers (AAPCC) cited 52 deaths in year 2000 from an obviously more dangerous drug. That drug would be aspirin. Between years 2001 and 2010, aspirin killed some 1,500 people in the US according to data. So how is kratom more dangerous than aspirin? Still think the government is on your side?
I don’t mean to digress but as a disclosure, I have personally taken kratom. A few months ago I injured an elbow. Long story short, I heard grinding and snapping in the elbow, the elbow swelled up, turned all shades of blue and black, and felt as though something had torn loose thus causing extreme pain. My initial thought was surgery. Instead, a friend who was experienced in herbal medications, recommended kratom for pain. I took two tablets of a kratom extract instead of aspirin for the pain. The result was incredible. The pain subsided and I was fully recovered within a week. I can only attribute my recovery to the kratom. No, I did not get addicted to kratom like the DEA claims. In fact, I have not taken any since my initial dose. No, I didn’t hallucinate or attempt to bite anyones face or whatever ludicrous claims the DEA makes. In fact, I did not experience anything at all except pain relief and recovery. I too would recommend kratom for pain relief and joint ache. After all, that is why kratom has been used for centuries. Well, not after September 30 in america when kratom gets moved to the DEA’s schedule one drug list along with heroin and cannabis. Now a tablet of kratom is a federal offense. It is this sort of thing that makes america hard to respect.
Of course, we must remember too that kratom has been shown to reduce opioid dependence that big pharma makes a killing from - both literally and figuratively. This is just an example of the pathetic current state of america. Americans are truly afraid of everything.
Sadly, this is the new america. Organic compounds from plants can’t be patented and monetized by big pharma. Synthetics can and money made from synthetics filters down to the congresstitutes who work for big pharma to keep us in the dark and big pharma rich. We, the citizens, no longer have a government to represent us.
So when reading the lies the gooberment puts out at the command of the pharma Johns who own the congresstitutes, remember this fact. The National Institute of Health estimates that aspirin alone sends 78,000 people a year to the emergency room. And, acetaminophen is also the nation’s leading cause of acute liver failure. Yet, it is legal.
So, let’s review.
America is a nation which is led by politicians, or congresstitutes, who know nothing, lie about everything, and accept payment for doing so just to enrich themselves with special interest money. American citizens are terrified of everything, offended by everything, and yet know nothing because their ‘news’ is more controlled than that of the North Koreans. The sad part is most americans are satisfied with a level of ignorance that is just profane.
Why do I even bother to write about this? Because I am a patriot of liberty and I know that liberty is all that stands between us and governmental enslavement. If we don’t fight for liberty, we will lose it. Then, we will live like the North Koreans.
Witness this from Vapor Voice magazine this month. Roswell Park Cancer Institute is a leading cancer research center. They just put out, in August, 2016, their research concluding that electronic cigarettes are safer than tobacco cigarettes. Lead author, Maciej Goniewicz, stated, “It’s the first time we have very strong evidence that we will be able now to give (smokers) that the answer is, yes, this you should consider a transition, a substitute for your tobacco cigarette that will save your life.”
Wow! There is a product that according to research can save lives and it is about to get banned in america because big pharma wants it banned. And, they will get it banned. Why? Because they paid for it to be banned!!
Big pharma, big tobacco, big government, and big government regulators have now passed legislation that will put most of the electronic cigarette industry out of business. Why?
How many times have we heard President Blowhard preach to us about the ‘science’ of climate change? Yet, where is the science behind prohibiting the vaporization of electronic cigarettes?
Conclusion
There can be only one conclusion. Instead of embracing a new industry that will lead to billions of dollars in sales in a economy that needs new products, instead of embracing a new product that unequivocally helps smokers to stop smoking known carcinogenic tobacco cigarettes, the US gooberment is moving to prohibition. Again, why?
It’s the money, Grasshopper. The Campaign for Tobacco-Free Kids (CTFK) is one of the leaders against the vaping industry. This lobby group was created by the Robert Wood Johnson Foundation. The founder, Mr. Johnson, was none other than the president and board member of Johnson and Johnson. J&J of course makes Nicorette gum and other smoking cessation products. Gee, Mr. Johnson would surely hate to see tobacco smokers quit by using vaping devices rather than his ridiculously over-priced gum. So, the John finds the congresstitutes to do his dirty work.
In a previous post, I highlighted the fact that Pfizer makes Chantix products that also are used for smoking cessation. In 2015, the FDA put a ‘black box’ warning on the Chantix product. The list of side effects is too long to list but suffice to say that due to the seizure and blackout effects attributed to Chantix, truckers and airline pilots have been prohibited from using the product. Yet, as the FDA moved to ban vapor products in the summer of 2016, the same fraudulent arm of the gooberment rescinded their previous ruling. The so-called black box warning is the step just before out-right banning. But in their zeal to do the work of big pharma, the FDA elected to allow Pfizer to remove most of the warning about Chantix and all the severe side effects. So far, the side effects of vaping e-liquids through an ENDS are, well, nothing.
Why should non-smokers care? The congresstitutes that passed legislation to effectively strangle vaping gave draconian powers to the FDA - the government regulator in charge of SS duties. In their fervent effort to stamp out vapor products so the killing tobacco industry could keep, well, killing, the FDA also made End Nicotine Device Systems (ENDS) subject to product-killing expenses. Many of the ENDS use metal coils, cotton wicks, and batteries to make the devices work. So, citizens could now be arrested for being in possession of a battery, a cotton ball, or a piece of wire.
If ever there was a time in history to bring the current government to a halt and form a new one, the time is now!! There can be no freedom without truth. The current regime has no interest in truth - only control. Elect me president and see how fast things change!
Tuesday, September 20, 2016
Why Everything Is The Way It Is
09/21/16
This article is a follow-up to my previous post, ‘US Governed By Johns and Prostitutes’.
I would like to offer a new term in the lexicon of the English language. That word is, ‘Congresstitute’. A Congresstitute is a person who is elected to the US Congress and then sells their vote and influence to the highest bidder. It is a prostitute who holds a political office.
Let's see how this works.
Take the subject of electronic cigarettes and cannabis.
The British Medical Journal reported that e-cigarettes may have helped 18,000 people in England to quit smoking tobacco cigarettes in 2015.
In the US, the Cochrane Review published a study saying that e-cigarettes apparently do help people to quit smoking tobacco cigarettes and, they did not find any adverse health issues among those who vaped e-cigarettes over a two-year period.
However, ‘researchers’, no doubt paid off by, and funded by, big tobacco and big pharma continue to report that vaping e-cigarettes ‘could possibly’ be harmful and may in fact be a ‘gateway’ to eventual tobacco use. What a joke!!
Congresstitutes paid off by big tobacco and big pharma elected to try to put e-cigarettes out of business by putting the FDA in charge of their regulation. Oh, and there is now a huge fee required to be paid by the e-cigarette industry for every single product they want to offer for sale to the public. The fee can be from a quarter-million to a million for each product. This essentially puts all the small players out of business and gives big tobacco, who can afford the fees, a monopoly of the product. These of course would be the same tobacco companies who for years have been killing people with over 4,000 chemical additives to their tobacco cigarettes. Many of these chemicals are known carcinogens and many are there for their addictive principles. They are, of course, perfectly legal to buy and consume. E-cigarettes have therefore become ‘toxic’ to human health as if tobacco, alcohol, sugar, fluoride, chemical preservatives, food colorings, and all the other legal stuff is not. Is there really a good reason to extort huge sums of money from this new industry?
Multiple studies have shown that where medical cannabis is legally sold through dispensaries, opioid related deaths fall by 16% in the first year of legalization. And, the longer cannabis is legalized, the more the opioid death rate falls.
A long term study of cannabis users over several decades has found that the use of cannabis had no ill affects either mentally or physically in the users.
Why is this important? A study out says that opioid addiction costs the US taxpayer some $78 billion per year at the present.
Why are americans so routinely lied to and misled? When will the populace ever wake up and revolt?
Through computer hackers, we now learn that Obama has been routinely selling government positions to the highest bidders. Turns out if a person wants a government appointment of some kind, all you have to do is pay the proper congresstittute.
America needs to change course or it will continue to degrade to insignificance.
This article is a follow-up to my previous post, ‘US Governed By Johns and Prostitutes’.
I would like to offer a new term in the lexicon of the English language. That word is, ‘Congresstitute’. A Congresstitute is a person who is elected to the US Congress and then sells their vote and influence to the highest bidder. It is a prostitute who holds a political office.
Let's see how this works.
Take the subject of electronic cigarettes and cannabis.
The British Medical Journal reported that e-cigarettes may have helped 18,000 people in England to quit smoking tobacco cigarettes in 2015.
In the US, the Cochrane Review published a study saying that e-cigarettes apparently do help people to quit smoking tobacco cigarettes and, they did not find any adverse health issues among those who vaped e-cigarettes over a two-year period.
However, ‘researchers’, no doubt paid off by, and funded by, big tobacco and big pharma continue to report that vaping e-cigarettes ‘could possibly’ be harmful and may in fact be a ‘gateway’ to eventual tobacco use. What a joke!!
Congresstitutes paid off by big tobacco and big pharma elected to try to put e-cigarettes out of business by putting the FDA in charge of their regulation. Oh, and there is now a huge fee required to be paid by the e-cigarette industry for every single product they want to offer for sale to the public. The fee can be from a quarter-million to a million for each product. This essentially puts all the small players out of business and gives big tobacco, who can afford the fees, a monopoly of the product. These of course would be the same tobacco companies who for years have been killing people with over 4,000 chemical additives to their tobacco cigarettes. Many of these chemicals are known carcinogens and many are there for their addictive principles. They are, of course, perfectly legal to buy and consume. E-cigarettes have therefore become ‘toxic’ to human health as if tobacco, alcohol, sugar, fluoride, chemical preservatives, food colorings, and all the other legal stuff is not. Is there really a good reason to extort huge sums of money from this new industry?
Multiple studies have shown that where medical cannabis is legally sold through dispensaries, opioid related deaths fall by 16% in the first year of legalization. And, the longer cannabis is legalized, the more the opioid death rate falls.
A long term study of cannabis users over several decades has found that the use of cannabis had no ill affects either mentally or physically in the users.
Why is this important? A study out says that opioid addiction costs the US taxpayer some $78 billion per year at the present.
Why are americans so routinely lied to and misled? When will the populace ever wake up and revolt?
Through computer hackers, we now learn that Obama has been routinely selling government positions to the highest bidders. Turns out if a person wants a government appointment of some kind, all you have to do is pay the proper congresstittute.
America needs to change course or it will continue to degrade to insignificance.
Wednesday, August 31, 2016
America - Governed By Johns and Prostitutes
08/30/16
Today I was scanning the investment news headlines. One said that Home Depot and Lowes were set to take advantage of the ‘housing recovery’. Three headlines later, another read that applications for mortgages have been down six months in a row. In america, truth is dead. Truthsayers like Jullian Assange and Edward Snowden have fled the US for protection in Ecuador and Russia. Liars have taken their place. Liars take political office. Honesty seeks refuge. How did we descend to this sewer we are now in?
A few months ago, a Chinese economic minister said the world economy is ‘grim’. An ex-ECB banker said ‘Europe is quite sick’. Yet, the american president continues to sell us on economic recovery. And, he thinks the economy recovered due to higher taxes and more regulation.
Currently, asset markets around the world are in a perpetual state of confusion. Central banksters have essentially nationalized former stock markets. Banksters hold on the their power with the aid of populous ignorance and stupidity. But, we must ask a question. Why are citizens so ignorant of literally everything in the age of information exchange? The answer is simple. Data is only useful if it is truthful and accessible.
Stupidity is rampant. The idiots that inhabit certain areas around the country have been busy raising minimum wages in their cities like Seattle. The Washington Post ran an article recently stating the economic results. As anybody with a functioning brain cell already knew, these areas are experiencing what Isaac Newton already told us with his third law of motion. Every action has an opposite and equal reaction. According to the Post, Seattle minimum wage earners have indeed been given a pay-per-hour increase and an pay-per-week decrease. That is, increased wages have resulted in less hours worked and less pay disbursed. And, prices have risen giving the recipients of the pay increase another decrease in purchasing power. What would one expect of idiots led by idiots? Governments cannot impose wage standards. Wage standards must be set by productivity and unfettered capitalism. Government imposed wage increases have never, and will never, add to affluence.
Further, another study that I read published by the BLS (Bureau of Labor Statistics) said that the minimum wage in 1968 was equivalent to $10.74 per hour in today’s dollars. The minimum wage in 1968 was $1.60 per hour. Today’s federal minimum wage is $7.25 per hour. In other words, by minimum wage standards, american workers paid per hour are making much less than they did in 1968. Worse yet, the gooberment estimates that 40% of hourly workers today make less than that 1968 figure of $10.74 dollar equivalent. Stated differently, in 1968, no workers in the US made less than $1.60 per hour. Today, more than 40% of workers make less than $1.60 per hour. What ‘recovery’ are our politicians talking about?
Maybe their own. In 1968, pay for a US Senator was $30k per year. Today, it is $174k per year plus the best benefits package on earth. Mandating minimum wage increases as Ms. Clinton and Mr. Sanders have suggested is not only stupid but it fits the definition of insanity. That is, trying the same thing over and over and expecting a different result. Minimum wage increases don’t help workers but the increased wages also serve to raise taxes. Ah, there’s the real reason.
Obama is a good example of this bureaucratic mentality. He piled another $10 trillion (and counting) of debt on all of us (so his rich bankster friends can stay rich) and our children and their children virtually guaranteeing that future generations will be worse off than previous generations. Yet, as he prepares to leave office, he requested a 19% bump in living president’s pensions. I wish my pension could get a 19% bump. I wish I had a pension. He is trying to force the trucking industry to instal speed control devices in their vehicles (at company expense of course). Mr. Obama continues to try and think of every way possible to damage the US economy before he leaves office. What will he do on his last day - flatulate in every room in the White House?
Why is the economy still so weak? Why are personal liberties in the US under attack? Why will Mr. Obama’s legacy be that of the only US president in history to preside over the country for eight years and not once see an economic growth rate of 3%?
The early 20th century writer H.L Mencken once wrote, “As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be adorned by a downright moron.”
We have now perfected ‘democracy’. However, in the spirit of Mr. Mencken, I believe that democracies all eventually fail because they inevitably become ‘dumb-ocracies’.
Governments take advantage of populace stupidity. Governments eventually turn on the electorate and rule rather than represent. There are 535 members in the US Congress. None of them ‘represent’ me. None of them. Not a single one. I have come to view all 535 of them as simply prostitutes who will do whatever the paying John requests of them. Is it any wonder to anyone that the economy is such a mess?
The business of running the US is no longer (if it ever was) about doing things for the average citizen. It’s about what’s good for the politicians. They don’t represent us. They represent themselves.
Witness two cases of recent acts of prostitution passing as ‘legislation’. These are examples of how america’s business is done today.
Case 1 is the August, 2016 ruling on electronic cigarettes.
E-cigs vaporize a liquid generally made of propylene glycol or vegetable glycerin (derived from soy and palm oils), flavors, and liquid nicotine (where nicotine is added). Since nothing burns, e-cigs do not produce tar or smoke like tobacco cigarettes. The liquid is heated by a battery and the vapor released is inhaled. However, since the product uses nicotine, and since the gooberment wants to control and tax anything that moves, and most importantly, since the prostitutes work for the Johns, the US gooberment has moved to force this industry under the control of the FDA by using the Tobacco Act. As such, the FDA just brought e-cig makers and e-juice makers under their authority. New government rules will require these companies to submit products for sale to the FDA for approval. Well, along with hefty fees for each individual product submitted that could range from a quarter million dollars to a million dollars per product. Many businesses in this industry will likely be extinguished.
This ruling also applies to cigars and hookah tobacco. Does this make sense or is this just another gooberment shakedown of business? Or, are the prostitutes just doing what they are told by their paying Johns? At any rate, the legislation is a job killer and a personal liberty infringement.
Who benefits if e-cigs in the US are effectively banned? Big tobacco, big alcohol, and big pharmaceuticals. Since e-cigs without question help tobacco users quit tobacco, big pharma feels threatened as they make smoking cessation products that are very profitable. In addition, big pharma benefits from the health problems caused by tobacco smoking. Big pharma makes drugs that treat cancers related to tobacco smoking and chewing. Big tobacco, big alcohol, and big pharma are the Johns. It’s that simple.
Back to Newton’s third law of motion. The makers of the liquids that are vaped by e-cig users have come up with a synthetic nicotine. It will be interesting to see how this develops given that nicotine is the chemical that ties the electronic cigarette industry to tobacco. Will the US Tobacco Act then control a product that has no connection whatsoever to tobacco? Perversely, some e-liquids have zero nicotine. Are they under the Tobacco Act? Yep, according to the gooberment. With this kind of logic, I suspect the gooberment will eventually pull chewing gum and lollypops in under the Tobacco Act and then tax them out of business.
This really seems ridiculous when we realize that in the US, tobacco companies are not required to test for and list the nicotine levels in their products. E-liquid companies, however, will be required to test, verify, and list the nicotine content on their product. And, if nicotine is so harmful, why doesn’t the gooberment just ban tobacco cigarettes and cigars? Why is the gooberment trying so hard to put this industry out of business? Is it really for our own good?
What do the scientist say about the dangers of e-cigs?
The Science and the Truth
The UK health authorities have stated that e-cigarettes are 95% less dangerous than tobacco cigarettes and they can help smokers to stop smoking tobacco. Given the health problems of tobacco cigarettes, this is good. Not in the US. The FDA cares nothing about health. They are just another prostitute in the brothel.
Neither claim can be made in the US. The authorities won’t allow it. They would rather people continue to smoke rather than vape. The FDA claims e-cigs could be unhealthy. In other words, they don’t know but since a John paid them to try and ban the product, the FDA is acting on the John’s behalf and not ours.
From another study: "Our findings suggest that e-cigarette use may effectively reduce exposure to toxic and carcinogenic substances among smokers who completely switch to these products," study co-author Neal Benowitz, professor of medicine at the University of California, San Francisco, said in a Roswell institute news release.
And, another study: "This study suggests that smokers who completely switch to e-cigarettes and stop smoking tobacco cigarettes may significantly reduce their exposure to many cancer-causing chemicals," said lead author Maciej Goniewicz, an assistant professor of oncology at Roswell Park Cancer Institute in Buffalo, N.Y.
Britain’s Royal College of Physicians, which found that “large-scale substitution of e-cigarettes, or other non-tobacco nicotine products, for tobacco smoking has the potential to prevent almost all the harm from smoking in society.”
Yet another survey found that 70% of doctors advise smoking patients to switch to e-cigs and 50% believe they are less harmful.
Another researcher found that tobacco smokers of at least 12 years who switched to an e-cig for just two weeks could greatly reduce the negative effects of smoking (as measured by 17 bio-markers related to smoking).
Even the head of Philip Morris’ business in Japan recently said that his goal was to get all smokers in Japan converted to vaping e-cigs because the e-cigs were less damaging to health.
Yet, the US gooberment has moved to try and extinguish this product by taxing and regulating it to death.
US gooberment types claim that not enough is known about e-cigs. They might be hazardous to the health of the users. Then again, they might not be but that isn’t the point. What we do know is tobacco cigarettes can contain some 4,000 chemicals and at least 50 of them are known carcinogens.
E-cigs on the other hand only contain a handful of chemicals and the main ingredient, propylene glycol, is the propellent in nasal and bronchial inhalers that many people already use. The CDC says there are 443,000 premature deaths in the US every year related to smoking and tobacco use. The cost to the economy is almost $200 billion per year.
Sadly, the Johns pay the prostitutes to report bad science. For instance, scientists say that heating propylene glycol to 700 degrees fahrenheit produces the carcinogen, formaldehyde. While that may be true, no one would be able to drag on a cigarette that is that hot. And, it is not likely that any of the vape products on the market would heat up a liquid to reach that extreme of temperature. As a point of reference, most e-cig products produce vapor at less than 400 degrees. But let’s not let the truth get on the way of government control.
Additionally, a study done in 1942 found that inhaling a vapor of propylene glycol can actually help protect the body against influenza.
The point is the Johns get what they want if they pay the right prostitutes. Obviously e-cigs pose a danger to tobacco companies. If the two or three big tobacco companies could put the e-cig makers out of business, then they would have the new e-cig business all to themselves. Of course, the gooberment does not force any business to close. They simply use the power of federal law, taxation, fees, and regulation to bury what they are paid to bury. For instance, I read a recent study that found that 15% of current e-cig users would go back to tobacco cigarettes if e-cigs were no longer available. Well, good for Philip Morris and RJR! How do they bury this new competition? They find the prostitutes and pay them.
The Johns (tobacco companies) have spent $8.9 million in lobby money so far in 2016 and about $1.7 million of that has gone directly to the prostitutes (members of congress). How do you think the Johns voted on this e-cig mandate? Whose side do you think congress is on?
Case 2 - DEA continues to keep cannabis as a ‘Schedule 1’ drug
Another related decision on the part of gooberment this summer was the DEA’s decision to keep cannabis on the ‘schedule 1 drug’ list. Schedule 1 drugs are the most dangerous drugs on the planet with no known medicinal uses.
Again, who benefits by this decision? Obviously the DEA gets to keep their jobs. The US charges US taxpayers billions per year for the ‘war on drugs’ that is a complete failure. The prison system benefits as most people in prison are there for drug possession. Cannabis is the leading drug for which people are arrested. Courts, lawyers, and rehab people feed off this arrangement. Where cannabis is legal alcohol consumption drops so big alcohol benefits from the illegal status of cannabis. Pharmaceutical makers surely don’t want competition that comes from cannabis. These are the Johns.
Just as an aside, there is an herb known as Kratom that has been used for centuries throughout Asia for pain and relaxation. It also seems to be a very effective alternative to opioid pain killers like Oxycontin. Kratom seems to actually help opioid dependent users kick the opioid habit. The DEA has just moved to ‘temporarily’ ban Kratom. With a heroin and opioid epidemic currently underway in the US (due mostly to the success of the military operation in Afghanistan protecting the poppy plantations that resulted in the best heroin crop ever), we’d hate to see addicts stop shooting heroin and doctor prescribed opioids. Who really gains from this ban?
The Science and the Truth
Nevermind that doctor prescribed drugs kill tens of thousands of people every year and cannabis has never once killed anyone. The CDC says that in 2014 there were 28,000 deaths in the US related to opioid use and over half of them were from doctor prescribed drugs. Nevermind that the DEA claims that cannabis has no medical use whatsoever even though the US government owns a medical patent from cannabis. Nevermind that the government’s own Veteran’s Administration allows for cannabis to be prescribed for PTSD. Nevermind that cannabis has been recreationally legalized in the DEA’s headquarters of Washington, DC. Nevermind that some 25 states have voted to legalize cannabis for medical uses as it has been shown to very effectively treat diseases like a form of childhood epilepsy. Nevermind that Briton’s GW Pharmaceuticals markets medication derived from cannabis and the company trades on the NYSE.
The medical community admits to not having an antidote for cannabis overdose since the medical community says that’s impossible. The president’s own daughter was photographed dragging on a joint recently and she is going to Harvard next year. How did cannabis harm her again? Nate Diaz is a UFC mixed martial artist. He runs triathlons. He is one of the best in the world at his sport. Yet, he was dragging on a vape pen less than hour after his recent fight. What was in the pen? CBD oils derived from cannabis was his response. Michael Phelps just completed his third Olympic games and won something like his 23rd gold medal. That makes him the greatest Olympic athlete ever and he smokes cannabis. How, again, is it so dangerous that the DEA wants to keep it illegal? If it were legalized, cannabis would carry less of a danger warning than toothpaste. (Tubes of toothpaste carry a warning that if swallowed, we should call Poison Control. Doctors tell us that if too much cannabis were to be consumed, the patient should just sit down and wait a few hours. They will be alright.)
Facts
Where cannabis has been legalized, teen cigarette smoking has decreased and so too, paradoxically to the thoughts of the DEA, has teen cannabis use.
Where cannabis has been legalized, consumption of alcohol has decreased.
Where cannabis has been legalized, tax revenues have increased.
Where cannabis has been medically legalized, prescriptions paid by Medicaid have decreased.
Given that Medicare is already bankrupt, readers should read that last line a few times.
So why does the federal government in the US continue to keep cannabis illegal?
Enter the Prostitutes
Money. The Johns pay the prostitutes to do things. That’s the way america works. Some people call the Johns ‘lobbyists’. These are the firms that special interest (like tobacco companies) use to bribe the prostitutes (US congress members). Once elected to congress, members don bright red lipstick, a very short skirt, and put a red light over their office door. They are open for business.
How much do Johns spend in america? How much does it cost to buy america?
The website www.opensecrets.org is a great resource.
In 2015, there were 11,514 registered lobbyists in the US and they spent some $3.22 billion or 6% of the overall GDP of the US. A lot of that money winds up in the hands of US politicians.
So far in 2016, Pharmaceutical and health care concerns were the top Johns spending $61 million in the second quarter of 2016 in lobbying. In second place was business associations spending about $40 million.
How much do the prostitutes get in exchange for their support?
As it turns out, it apparently costs more to hire a republican than democrat. The average republican in 2016 received about $28k and the average democrat received about $19k. Members of congress made more as their status in Congress rose. Chuck Schumer (member of several congressional committees) from NY has received about $375k and is near the top of the list. This is of course in addition to his lavish senate salary that is paid by taxpayers. One member though, greatly exceeds Mr. Schumers hiring fee. That member has received over $1.2 million so far and her name is Hillary Clinton. Bought and paid and ready to perform any task at the whim of the paying Johns.
An Example
Let’s look at the TPP (Trans-Pacific Partnership) that Hillary voted for as a senator and now claims to dislike. This trade deal was ‘fast-tracked’ through congress by the obamanistas but like everything, it had a price.
Certain Johns of the world look to take advantage of this agreement. To get things done in america, the Johns know they have to pay and they know who to pay. Of the total $1,148,971 paid by Johns to help push this legislation through, an average of $17,676.48 was paid to each of the 65 “yea” voting prostitutes (congressmen and women). The average Republican member received $19,673.28 from corporate TPP supporters. The average Democrat received $9,689.23 from those same donors. (Data from opensecrets.org.)
The amounts given rise dramatically when looking at how much each senator running for re-election received.
Two days before the fast-track vote, Obama was a few votes shy of having the filibuster-proof majority he needed. Ron Wyden and seven other Senate Democrats announced they were on the fence on 12th of May, thus imperiling the passage of the agreement. Countering the agreement in the Senate were 54 Republicans and handful of Democrats. Let’s be clear. These senators weren’t really for or against anything. They were just holding out for more money.
In just 24 hours, Wyden and five of those Democratic holdouts – Michael Bennet of Colorado, Dianne Feinstein of California, Claire McCaskill of Missouri, Patty Murray of Washington, and Bill Nelson of Florida – caved and voted for fast-track.
What swayed their vote? Did they re-read the bill and decide it was best for american citizens? Ha! Give me a break!
Bennet, Murray, and Wyden – all running for re-election in 2016 – received $105,900 between the three of them. Bennet, from Colorado, received $53,700 in corporate campaign donations between January and March 2015 (according to Channing’s research). Since the prostitutes running for re-election are more expensive to bribe than members who may be retiring soon, the Johns pay them more money for instance.
Conclusion
Now we have TPP in place. Okay kids, how did the agreement get passed in the Senate? Is the TPP advantageous to the average american? Who cares? That’s not the point. The Johns paid the prostitutes to pass it and they did. Are electronic cigarettes good or bad? Is cannabis really that harmful and useless so that it stays on the Schedule 1 drug list? Is Kratom a real health risk? Most likely, we will never be told the truth. Johns don’t pay prostitutes to tell the truth.
The funny thing in all this is the current regime adamantly argues that ‘science’ validates ‘climate change’. Mr. Obama mentions ‘science’ whenever he tries to sell ‘climate change’. Well then, what about the science that says e-cigs are safer than tobacco cigarettes? What about the science that says cannabis is not as harmful as, say alcohol or sugar or tobacco or doctor drugs?
We can only conclude that truth and science are never part of the equation when the US congress does anything. Rather, what matters is how much the prostitutes get paid and what the Johns want in return for their bribe. Welcome to america - totally governed by Johns and prostitutes!
Still wonder why the economy is a mess?
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Today I was scanning the investment news headlines. One said that Home Depot and Lowes were set to take advantage of the ‘housing recovery’. Three headlines later, another read that applications for mortgages have been down six months in a row. In america, truth is dead. Truthsayers like Jullian Assange and Edward Snowden have fled the US for protection in Ecuador and Russia. Liars have taken their place. Liars take political office. Honesty seeks refuge. How did we descend to this sewer we are now in?
A few months ago, a Chinese economic minister said the world economy is ‘grim’. An ex-ECB banker said ‘Europe is quite sick’. Yet, the american president continues to sell us on economic recovery. And, he thinks the economy recovered due to higher taxes and more regulation.
Currently, asset markets around the world are in a perpetual state of confusion. Central banksters have essentially nationalized former stock markets. Banksters hold on the their power with the aid of populous ignorance and stupidity. But, we must ask a question. Why are citizens so ignorant of literally everything in the age of information exchange? The answer is simple. Data is only useful if it is truthful and accessible.
Stupidity is rampant. The idiots that inhabit certain areas around the country have been busy raising minimum wages in their cities like Seattle. The Washington Post ran an article recently stating the economic results. As anybody with a functioning brain cell already knew, these areas are experiencing what Isaac Newton already told us with his third law of motion. Every action has an opposite and equal reaction. According to the Post, Seattle minimum wage earners have indeed been given a pay-per-hour increase and an pay-per-week decrease. That is, increased wages have resulted in less hours worked and less pay disbursed. And, prices have risen giving the recipients of the pay increase another decrease in purchasing power. What would one expect of idiots led by idiots? Governments cannot impose wage standards. Wage standards must be set by productivity and unfettered capitalism. Government imposed wage increases have never, and will never, add to affluence.
Further, another study that I read published by the BLS (Bureau of Labor Statistics) said that the minimum wage in 1968 was equivalent to $10.74 per hour in today’s dollars. The minimum wage in 1968 was $1.60 per hour. Today’s federal minimum wage is $7.25 per hour. In other words, by minimum wage standards, american workers paid per hour are making much less than they did in 1968. Worse yet, the gooberment estimates that 40% of hourly workers today make less than that 1968 figure of $10.74 dollar equivalent. Stated differently, in 1968, no workers in the US made less than $1.60 per hour. Today, more than 40% of workers make less than $1.60 per hour. What ‘recovery’ are our politicians talking about?
Maybe their own. In 1968, pay for a US Senator was $30k per year. Today, it is $174k per year plus the best benefits package on earth. Mandating minimum wage increases as Ms. Clinton and Mr. Sanders have suggested is not only stupid but it fits the definition of insanity. That is, trying the same thing over and over and expecting a different result. Minimum wage increases don’t help workers but the increased wages also serve to raise taxes. Ah, there’s the real reason.
Obama is a good example of this bureaucratic mentality. He piled another $10 trillion (and counting) of debt on all of us (so his rich bankster friends can stay rich) and our children and their children virtually guaranteeing that future generations will be worse off than previous generations. Yet, as he prepares to leave office, he requested a 19% bump in living president’s pensions. I wish my pension could get a 19% bump. I wish I had a pension. He is trying to force the trucking industry to instal speed control devices in their vehicles (at company expense of course). Mr. Obama continues to try and think of every way possible to damage the US economy before he leaves office. What will he do on his last day - flatulate in every room in the White House?
Why is the economy still so weak? Why are personal liberties in the US under attack? Why will Mr. Obama’s legacy be that of the only US president in history to preside over the country for eight years and not once see an economic growth rate of 3%?
The early 20th century writer H.L Mencken once wrote, “As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be adorned by a downright moron.”
We have now perfected ‘democracy’. However, in the spirit of Mr. Mencken, I believe that democracies all eventually fail because they inevitably become ‘dumb-ocracies’.
Governments take advantage of populace stupidity. Governments eventually turn on the electorate and rule rather than represent. There are 535 members in the US Congress. None of them ‘represent’ me. None of them. Not a single one. I have come to view all 535 of them as simply prostitutes who will do whatever the paying John requests of them. Is it any wonder to anyone that the economy is such a mess?
The business of running the US is no longer (if it ever was) about doing things for the average citizen. It’s about what’s good for the politicians. They don’t represent us. They represent themselves.
Witness two cases of recent acts of prostitution passing as ‘legislation’. These are examples of how america’s business is done today.
Case 1 is the August, 2016 ruling on electronic cigarettes.
E-cigs vaporize a liquid generally made of propylene glycol or vegetable glycerin (derived from soy and palm oils), flavors, and liquid nicotine (where nicotine is added). Since nothing burns, e-cigs do not produce tar or smoke like tobacco cigarettes. The liquid is heated by a battery and the vapor released is inhaled. However, since the product uses nicotine, and since the gooberment wants to control and tax anything that moves, and most importantly, since the prostitutes work for the Johns, the US gooberment has moved to force this industry under the control of the FDA by using the Tobacco Act. As such, the FDA just brought e-cig makers and e-juice makers under their authority. New government rules will require these companies to submit products for sale to the FDA for approval. Well, along with hefty fees for each individual product submitted that could range from a quarter million dollars to a million dollars per product. Many businesses in this industry will likely be extinguished.
This ruling also applies to cigars and hookah tobacco. Does this make sense or is this just another gooberment shakedown of business? Or, are the prostitutes just doing what they are told by their paying Johns? At any rate, the legislation is a job killer and a personal liberty infringement.
Who benefits if e-cigs in the US are effectively banned? Big tobacco, big alcohol, and big pharmaceuticals. Since e-cigs without question help tobacco users quit tobacco, big pharma feels threatened as they make smoking cessation products that are very profitable. In addition, big pharma benefits from the health problems caused by tobacco smoking. Big pharma makes drugs that treat cancers related to tobacco smoking and chewing. Big tobacco, big alcohol, and big pharma are the Johns. It’s that simple.
Back to Newton’s third law of motion. The makers of the liquids that are vaped by e-cig users have come up with a synthetic nicotine. It will be interesting to see how this develops given that nicotine is the chemical that ties the electronic cigarette industry to tobacco. Will the US Tobacco Act then control a product that has no connection whatsoever to tobacco? Perversely, some e-liquids have zero nicotine. Are they under the Tobacco Act? Yep, according to the gooberment. With this kind of logic, I suspect the gooberment will eventually pull chewing gum and lollypops in under the Tobacco Act and then tax them out of business.
This really seems ridiculous when we realize that in the US, tobacco companies are not required to test for and list the nicotine levels in their products. E-liquid companies, however, will be required to test, verify, and list the nicotine content on their product. And, if nicotine is so harmful, why doesn’t the gooberment just ban tobacco cigarettes and cigars? Why is the gooberment trying so hard to put this industry out of business? Is it really for our own good?
What do the scientist say about the dangers of e-cigs?
The Science and the Truth
The UK health authorities have stated that e-cigarettes are 95% less dangerous than tobacco cigarettes and they can help smokers to stop smoking tobacco. Given the health problems of tobacco cigarettes, this is good. Not in the US. The FDA cares nothing about health. They are just another prostitute in the brothel.
Neither claim can be made in the US. The authorities won’t allow it. They would rather people continue to smoke rather than vape. The FDA claims e-cigs could be unhealthy. In other words, they don’t know but since a John paid them to try and ban the product, the FDA is acting on the John’s behalf and not ours.
From another study: "Our findings suggest that e-cigarette use may effectively reduce exposure to toxic and carcinogenic substances among smokers who completely switch to these products," study co-author Neal Benowitz, professor of medicine at the University of California, San Francisco, said in a Roswell institute news release.
And, another study: "This study suggests that smokers who completely switch to e-cigarettes and stop smoking tobacco cigarettes may significantly reduce their exposure to many cancer-causing chemicals," said lead author Maciej Goniewicz, an assistant professor of oncology at Roswell Park Cancer Institute in Buffalo, N.Y.
Britain’s Royal College of Physicians, which found that “large-scale substitution of e-cigarettes, or other non-tobacco nicotine products, for tobacco smoking has the potential to prevent almost all the harm from smoking in society.”
Yet another survey found that 70% of doctors advise smoking patients to switch to e-cigs and 50% believe they are less harmful.
Another researcher found that tobacco smokers of at least 12 years who switched to an e-cig for just two weeks could greatly reduce the negative effects of smoking (as measured by 17 bio-markers related to smoking).
Even the head of Philip Morris’ business in Japan recently said that his goal was to get all smokers in Japan converted to vaping e-cigs because the e-cigs were less damaging to health.
Yet, the US gooberment has moved to try and extinguish this product by taxing and regulating it to death.
US gooberment types claim that not enough is known about e-cigs. They might be hazardous to the health of the users. Then again, they might not be but that isn’t the point. What we do know is tobacco cigarettes can contain some 4,000 chemicals and at least 50 of them are known carcinogens.
E-cigs on the other hand only contain a handful of chemicals and the main ingredient, propylene glycol, is the propellent in nasal and bronchial inhalers that many people already use. The CDC says there are 443,000 premature deaths in the US every year related to smoking and tobacco use. The cost to the economy is almost $200 billion per year.
Sadly, the Johns pay the prostitutes to report bad science. For instance, scientists say that heating propylene glycol to 700 degrees fahrenheit produces the carcinogen, formaldehyde. While that may be true, no one would be able to drag on a cigarette that is that hot. And, it is not likely that any of the vape products on the market would heat up a liquid to reach that extreme of temperature. As a point of reference, most e-cig products produce vapor at less than 400 degrees. But let’s not let the truth get on the way of government control.
Additionally, a study done in 1942 found that inhaling a vapor of propylene glycol can actually help protect the body against influenza.
The point is the Johns get what they want if they pay the right prostitutes. Obviously e-cigs pose a danger to tobacco companies. If the two or three big tobacco companies could put the e-cig makers out of business, then they would have the new e-cig business all to themselves. Of course, the gooberment does not force any business to close. They simply use the power of federal law, taxation, fees, and regulation to bury what they are paid to bury. For instance, I read a recent study that found that 15% of current e-cig users would go back to tobacco cigarettes if e-cigs were no longer available. Well, good for Philip Morris and RJR! How do they bury this new competition? They find the prostitutes and pay them.
The Johns (tobacco companies) have spent $8.9 million in lobby money so far in 2016 and about $1.7 million of that has gone directly to the prostitutes (members of congress). How do you think the Johns voted on this e-cig mandate? Whose side do you think congress is on?
Case 2 - DEA continues to keep cannabis as a ‘Schedule 1’ drug
Another related decision on the part of gooberment this summer was the DEA’s decision to keep cannabis on the ‘schedule 1 drug’ list. Schedule 1 drugs are the most dangerous drugs on the planet with no known medicinal uses.
Again, who benefits by this decision? Obviously the DEA gets to keep their jobs. The US charges US taxpayers billions per year for the ‘war on drugs’ that is a complete failure. The prison system benefits as most people in prison are there for drug possession. Cannabis is the leading drug for which people are arrested. Courts, lawyers, and rehab people feed off this arrangement. Where cannabis is legal alcohol consumption drops so big alcohol benefits from the illegal status of cannabis. Pharmaceutical makers surely don’t want competition that comes from cannabis. These are the Johns.
Just as an aside, there is an herb known as Kratom that has been used for centuries throughout Asia for pain and relaxation. It also seems to be a very effective alternative to opioid pain killers like Oxycontin. Kratom seems to actually help opioid dependent users kick the opioid habit. The DEA has just moved to ‘temporarily’ ban Kratom. With a heroin and opioid epidemic currently underway in the US (due mostly to the success of the military operation in Afghanistan protecting the poppy plantations that resulted in the best heroin crop ever), we’d hate to see addicts stop shooting heroin and doctor prescribed opioids. Who really gains from this ban?
The Science and the Truth
Nevermind that doctor prescribed drugs kill tens of thousands of people every year and cannabis has never once killed anyone. The CDC says that in 2014 there were 28,000 deaths in the US related to opioid use and over half of them were from doctor prescribed drugs. Nevermind that the DEA claims that cannabis has no medical use whatsoever even though the US government owns a medical patent from cannabis. Nevermind that the government’s own Veteran’s Administration allows for cannabis to be prescribed for PTSD. Nevermind that cannabis has been recreationally legalized in the DEA’s headquarters of Washington, DC. Nevermind that some 25 states have voted to legalize cannabis for medical uses as it has been shown to very effectively treat diseases like a form of childhood epilepsy. Nevermind that Briton’s GW Pharmaceuticals markets medication derived from cannabis and the company trades on the NYSE.
The medical community admits to not having an antidote for cannabis overdose since the medical community says that’s impossible. The president’s own daughter was photographed dragging on a joint recently and she is going to Harvard next year. How did cannabis harm her again? Nate Diaz is a UFC mixed martial artist. He runs triathlons. He is one of the best in the world at his sport. Yet, he was dragging on a vape pen less than hour after his recent fight. What was in the pen? CBD oils derived from cannabis was his response. Michael Phelps just completed his third Olympic games and won something like his 23rd gold medal. That makes him the greatest Olympic athlete ever and he smokes cannabis. How, again, is it so dangerous that the DEA wants to keep it illegal? If it were legalized, cannabis would carry less of a danger warning than toothpaste. (Tubes of toothpaste carry a warning that if swallowed, we should call Poison Control. Doctors tell us that if too much cannabis were to be consumed, the patient should just sit down and wait a few hours. They will be alright.)
Facts
Where cannabis has been legalized, teen cigarette smoking has decreased and so too, paradoxically to the thoughts of the DEA, has teen cannabis use.
Where cannabis has been legalized, consumption of alcohol has decreased.
Where cannabis has been legalized, tax revenues have increased.
Where cannabis has been medically legalized, prescriptions paid by Medicaid have decreased.
Given that Medicare is already bankrupt, readers should read that last line a few times.
So why does the federal government in the US continue to keep cannabis illegal?
Enter the Prostitutes
Money. The Johns pay the prostitutes to do things. That’s the way america works. Some people call the Johns ‘lobbyists’. These are the firms that special interest (like tobacco companies) use to bribe the prostitutes (US congress members). Once elected to congress, members don bright red lipstick, a very short skirt, and put a red light over their office door. They are open for business.
How much do Johns spend in america? How much does it cost to buy america?
The website www.opensecrets.org is a great resource.
In 2015, there were 11,514 registered lobbyists in the US and they spent some $3.22 billion or 6% of the overall GDP of the US. A lot of that money winds up in the hands of US politicians.
So far in 2016, Pharmaceutical and health care concerns were the top Johns spending $61 million in the second quarter of 2016 in lobbying. In second place was business associations spending about $40 million.
How much do the prostitutes get in exchange for their support?
As it turns out, it apparently costs more to hire a republican than democrat. The average republican in 2016 received about $28k and the average democrat received about $19k. Members of congress made more as their status in Congress rose. Chuck Schumer (member of several congressional committees) from NY has received about $375k and is near the top of the list. This is of course in addition to his lavish senate salary that is paid by taxpayers. One member though, greatly exceeds Mr. Schumers hiring fee. That member has received over $1.2 million so far and her name is Hillary Clinton. Bought and paid and ready to perform any task at the whim of the paying Johns.
An Example
Let’s look at the TPP (Trans-Pacific Partnership) that Hillary voted for as a senator and now claims to dislike. This trade deal was ‘fast-tracked’ through congress by the obamanistas but like everything, it had a price.
Certain Johns of the world look to take advantage of this agreement. To get things done in america, the Johns know they have to pay and they know who to pay. Of the total $1,148,971 paid by Johns to help push this legislation through, an average of $17,676.48 was paid to each of the 65 “yea” voting prostitutes (congressmen and women). The average Republican member received $19,673.28 from corporate TPP supporters. The average Democrat received $9,689.23 from those same donors. (Data from opensecrets.org.)
The amounts given rise dramatically when looking at how much each senator running for re-election received.
Two days before the fast-track vote, Obama was a few votes shy of having the filibuster-proof majority he needed. Ron Wyden and seven other Senate Democrats announced they were on the fence on 12th of May, thus imperiling the passage of the agreement. Countering the agreement in the Senate were 54 Republicans and handful of Democrats. Let’s be clear. These senators weren’t really for or against anything. They were just holding out for more money.
In just 24 hours, Wyden and five of those Democratic holdouts – Michael Bennet of Colorado, Dianne Feinstein of California, Claire McCaskill of Missouri, Patty Murray of Washington, and Bill Nelson of Florida – caved and voted for fast-track.
What swayed their vote? Did they re-read the bill and decide it was best for american citizens? Ha! Give me a break!
Bennet, Murray, and Wyden – all running for re-election in 2016 – received $105,900 between the three of them. Bennet, from Colorado, received $53,700 in corporate campaign donations between January and March 2015 (according to Channing’s research). Since the prostitutes running for re-election are more expensive to bribe than members who may be retiring soon, the Johns pay them more money for instance.
Conclusion
Now we have TPP in place. Okay kids, how did the agreement get passed in the Senate? Is the TPP advantageous to the average american? Who cares? That’s not the point. The Johns paid the prostitutes to pass it and they did. Are electronic cigarettes good or bad? Is cannabis really that harmful and useless so that it stays on the Schedule 1 drug list? Is Kratom a real health risk? Most likely, we will never be told the truth. Johns don’t pay prostitutes to tell the truth.
The funny thing in all this is the current regime adamantly argues that ‘science’ validates ‘climate change’. Mr. Obama mentions ‘science’ whenever he tries to sell ‘climate change’. Well then, what about the science that says e-cigs are safer than tobacco cigarettes? What about the science that says cannabis is not as harmful as, say alcohol or sugar or tobacco or doctor drugs?
We can only conclude that truth and science are never part of the equation when the US congress does anything. Rather, what matters is how much the prostitutes get paid and what the Johns want in return for their bribe. Welcome to america - totally governed by Johns and prostitutes!
Still wonder why the economy is a mess?
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Wednesday, August 17, 2016
Obama’s Legacy - America Should Be Ashamed
Ricardo Lara is a state senator from California. He was awarded the ‘Champion of Change’ award by Barrack Obama. Part of that ‘change’ that Mr. Ricardo champions is a recent bill he introduced in the Californian legislature. The proposed bill prohibits private christian colleges from requiring a profession of a relationship with Jesus Christ from students. I wonder if his bill would get as much support if there were muslim schools that required a profession of a relationship with Allah? Not that it matters but Mr. Lara is openly gay. He doesn’t want institutions to infringe on his beliefs but when it comes to christians, apparently their beliefs don’t count. I’m sure Mr. Obama concurs. This is another example of how an empire crumbles from within. The LGBTQ movement is designed to further divide and dilute the fabric of what was once america.
Mr. Lara shares the same mentality of Mr. Obama. That is, government’s role is to rule rather than represent. Rulers oppress. Leaders encourage. Mr. Lara and Mr. Obama obviously disagree with the right of christians to require certain behavioral and philosophical standards when attending privately funded institutions. However, the logic of these rulers is flawed. LGBTQ supporters like Mr. Lara want everyone else to accept their views while at the same time, they reject the views of others that may run counter. As with slavery, liberty cannot be awarded to one group if it serves to oppress liberties of other groups. Rulers foment this restriction of liberty.
There are many reasons Mr. Obama’s tenure in the White House has produced so little in actual economic activity. Even with a doubling of the national debt, Mr. Obama will be the first president in US history to rule over an economy that never grew more than 3% in his tenure. The debt that Mr. Obama piled on amounts to more debt than all the other presidents in US history combined piled on. As he thankfully prepares to leave office in a few more very long months, Mr. Obama will leave the nation as a whole much poorer and much less free. Leaving citizens less free should be his most shameful legacy.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Mr. Lara shares the same mentality of Mr. Obama. That is, government’s role is to rule rather than represent. Rulers oppress. Leaders encourage. Mr. Lara and Mr. Obama obviously disagree with the right of christians to require certain behavioral and philosophical standards when attending privately funded institutions. However, the logic of these rulers is flawed. LGBTQ supporters like Mr. Lara want everyone else to accept their views while at the same time, they reject the views of others that may run counter. As with slavery, liberty cannot be awarded to one group if it serves to oppress liberties of other groups. Rulers foment this restriction of liberty.
There are many reasons Mr. Obama’s tenure in the White House has produced so little in actual economic activity. Even with a doubling of the national debt, Mr. Obama will be the first president in US history to rule over an economy that never grew more than 3% in his tenure. The debt that Mr. Obama piled on amounts to more debt than all the other presidents in US history combined piled on. As he thankfully prepares to leave office in a few more very long months, Mr. Obama will leave the nation as a whole much poorer and much less free. Leaving citizens less free should be his most shameful legacy.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Tuesday, June 14, 2016
The Lies That Sustain US
6/15/16
America has one of the best and fastest growing auto manufacturers in the world and no one seems to know the company. Let me explain.
The US D.O.P.E. (Department Of Pathological Embellishment - a.k.a. the ‘Commerce Department’) just put out some great news that was so obviously meant to stem the now 3-day selloff in stocks. The great news is americans are spending money like drunken sailors on leave. Of course, anyone with a brain cell knows very well that the DOPE is simply a vestige of Nazi-ism in that it is a propaganda wing of a regime intent on deceit. So, to make us happy, or to make us believe all is well, we are told that consumers are spending money and the economy is about to take off!!! Isn’t ‘next quarter’ always going to be the quarter the economy heats up?
Granted, the latest DOPE report was a bit confusing but let’s examine the details. As always, consumers all have a job, they are getting raises, they are richer than ever, they are spending money like it’s Christmas in May, and they are happy, happy, happy. The DOPE says retail sales for May, 2016 increased at a .5% clip. Even excluding categories like autos, building materials, gasoline, and food, (what else is left?) retail sales were up .4%! The DOPE said auto sales were up a half percent.
So I just had to check out the known auto manufacturers to see just how good sales were for each of them.
Here’s where the data lying gets epic! Autodata Corp said annualized auto sales increased from 17.42 million vehicles to 17.45 million vehicles. That’s great! I wonder how well the major manufacturers faired?
Reuters posted an article from June 1, 2016 titled, ‘U.S. May auto sales down 6 percent; sedan sales weak’. From that article, I report the following.
Bear in mind that the DOPE report cited ‘strong domestic demand’ in their release of the strong auto sales report.
Well, GM reported a drop in sales of 18% and Ford reported a drop of 6%. GM and Ford are the number one and number two sellers of vehicles in the US. Number three is Toyota and their sales dropped 9%.
So, if the three largest auto manufacturers in the US reported steep drops in vehicles sold for the month of May, who then sold enough vehicles to not only make up for declines within the big three but then sold enough for the DOPE to report a half percent gain for the month? The only answer is there must be some auto manufacturer somewhere in the country that no one has ever seen selling a boatload of cars that no one has ever seen to people who don’t exist. Ain’t the USA just magical in its economic productivity?
What’s that? The only other explanation for the apparent discrepancy in what the DOPE reports and what the actual manufacturers report is that the DOPE reports nothing but lies. Granted they skirt the lie by imparting ‘seasonal adjustments’ to the data. It just seems to me that the auto manufacturers just report raw numbers from the number of vehicles sold in a month compared to sales from the same month from a year ago. Why then does the DOPE alter the data so it somehow shows something positive?
Well, that’s what the US gooberment does. It lies. All the time. About everything.
So then we must ask, why does the US gooberment feel compelled to constantly lie about everything?
Lies are told to either circumvent the truth or to rebut the truth.
Since our gooberments constantly tell us how great things are, we must therefore understand that reality must be totally the opposite.
Supposedly US net worth just set a record high. Yet, median income is down, home ownership is down, the percentage of citizens in the work force is at record lows, and even the Fed says that half the american families would have a difficult time coming up with $400 bucks in an emergency.
Supposedly the economy is still in recovery mode from the recession of 2008. Yet, corporate debt is up, national debt is up to $19 trillion, and household debt is way up when credit cards and student loans are included. All those new cars being bought? The average selling price for a vehicle in the US is now over $30,000 dollars and the average loan is for almost six years!
What is the gooberment hiding? The real truth. That is, the US is funded with ever-increasing debt that can only be sustained if interest on the loan is minimal to zilch and the currency printing press operates night and day. This is the lie that sustains us. The Federal Reserve Bank is the source of the lie.
In reality, the Federal Reserve Bank has declared economic war on retired citizens. The rule of retirement is to live off of the interest generated by a lifetime of saving. But today, that retirement dream is impossible. The Fed is keeping interest rates at zero so the big banks can finish plundering and pilfering what is left of the middle class and everybody else not in the top 1%. Retired folks can’t live off of zero interest rates. While the Fed is directly helping big banks, they are killing the populace. Has anybody wondered why pensions everywhere in the world are failing and running out of money?
How bad is it? Think of it this way. Bank earnings have been pretty dismal in the last few quarters. This seems incredible when we consider that banks borrow from the Fed at zero interest, pay zero interest to depositors, and still charge anywhere from 3% to 26% on money they lend out. How can they not make mega-profits with an arrangement like that? The only answer is that the real economy must be terrible. If we all acknowledged that, stocks would no doubt crumble and then net worth would no longer be at record highs. The only question now is this. What lies will gooberments tell us in the future to sustain their power?
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
America has one of the best and fastest growing auto manufacturers in the world and no one seems to know the company. Let me explain.
The US D.O.P.E. (Department Of Pathological Embellishment - a.k.a. the ‘Commerce Department’) just put out some great news that was so obviously meant to stem the now 3-day selloff in stocks. The great news is americans are spending money like drunken sailors on leave. Of course, anyone with a brain cell knows very well that the DOPE is simply a vestige of Nazi-ism in that it is a propaganda wing of a regime intent on deceit. So, to make us happy, or to make us believe all is well, we are told that consumers are spending money and the economy is about to take off!!! Isn’t ‘next quarter’ always going to be the quarter the economy heats up?
Granted, the latest DOPE report was a bit confusing but let’s examine the details. As always, consumers all have a job, they are getting raises, they are richer than ever, they are spending money like it’s Christmas in May, and they are happy, happy, happy. The DOPE says retail sales for May, 2016 increased at a .5% clip. Even excluding categories like autos, building materials, gasoline, and food, (what else is left?) retail sales were up .4%! The DOPE said auto sales were up a half percent.
So I just had to check out the known auto manufacturers to see just how good sales were for each of them.
Here’s where the data lying gets epic! Autodata Corp said annualized auto sales increased from 17.42 million vehicles to 17.45 million vehicles. That’s great! I wonder how well the major manufacturers faired?
Reuters posted an article from June 1, 2016 titled, ‘U.S. May auto sales down 6 percent; sedan sales weak’. From that article, I report the following.
Bear in mind that the DOPE report cited ‘strong domestic demand’ in their release of the strong auto sales report.
Well, GM reported a drop in sales of 18% and Ford reported a drop of 6%. GM and Ford are the number one and number two sellers of vehicles in the US. Number three is Toyota and their sales dropped 9%.
So, if the three largest auto manufacturers in the US reported steep drops in vehicles sold for the month of May, who then sold enough vehicles to not only make up for declines within the big three but then sold enough for the DOPE to report a half percent gain for the month? The only answer is there must be some auto manufacturer somewhere in the country that no one has ever seen selling a boatload of cars that no one has ever seen to people who don’t exist. Ain’t the USA just magical in its economic productivity?
What’s that? The only other explanation for the apparent discrepancy in what the DOPE reports and what the actual manufacturers report is that the DOPE reports nothing but lies. Granted they skirt the lie by imparting ‘seasonal adjustments’ to the data. It just seems to me that the auto manufacturers just report raw numbers from the number of vehicles sold in a month compared to sales from the same month from a year ago. Why then does the DOPE alter the data so it somehow shows something positive?
Well, that’s what the US gooberment does. It lies. All the time. About everything.
So then we must ask, why does the US gooberment feel compelled to constantly lie about everything?
Lies are told to either circumvent the truth or to rebut the truth.
Since our gooberments constantly tell us how great things are, we must therefore understand that reality must be totally the opposite.
Supposedly US net worth just set a record high. Yet, median income is down, home ownership is down, the percentage of citizens in the work force is at record lows, and even the Fed says that half the american families would have a difficult time coming up with $400 bucks in an emergency.
Supposedly the economy is still in recovery mode from the recession of 2008. Yet, corporate debt is up, national debt is up to $19 trillion, and household debt is way up when credit cards and student loans are included. All those new cars being bought? The average selling price for a vehicle in the US is now over $30,000 dollars and the average loan is for almost six years!
What is the gooberment hiding? The real truth. That is, the US is funded with ever-increasing debt that can only be sustained if interest on the loan is minimal to zilch and the currency printing press operates night and day. This is the lie that sustains us. The Federal Reserve Bank is the source of the lie.
In reality, the Federal Reserve Bank has declared economic war on retired citizens. The rule of retirement is to live off of the interest generated by a lifetime of saving. But today, that retirement dream is impossible. The Fed is keeping interest rates at zero so the big banks can finish plundering and pilfering what is left of the middle class and everybody else not in the top 1%. Retired folks can’t live off of zero interest rates. While the Fed is directly helping big banks, they are killing the populace. Has anybody wondered why pensions everywhere in the world are failing and running out of money?
How bad is it? Think of it this way. Bank earnings have been pretty dismal in the last few quarters. This seems incredible when we consider that banks borrow from the Fed at zero interest, pay zero interest to depositors, and still charge anywhere from 3% to 26% on money they lend out. How can they not make mega-profits with an arrangement like that? The only answer is that the real economy must be terrible. If we all acknowledged that, stocks would no doubt crumble and then net worth would no longer be at record highs. The only question now is this. What lies will gooberments tell us in the future to sustain their power?
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Friday, May 13, 2016
The Bubble - Beating Analyst Expectations Is All That Matters
5/13/16
Read carefully. I just report what I read.
‘Zillow shares surge as quarterly loss narrows’.
CVS had a ‘healthy’ earnings report. Sales rose but earnings actually fell by 6%. How is that ‘healthy’?
Match Group ‘beats forecasts - shares rise 10%’. Well, actually real ‘net earnings’ fell 73% and of the company’s ‘total assets’ listed at $1.9b, $1.3b of that is ‘goodwill’. Goodwill is basically fairy dust.
Perversely, it’s all good as long as the ‘earnings’ beat analyst’s estimates. Of course, Wall Street analysts are simply shills in the con. Earnings estimates are there to allow all players to pretend that all is well. When companies go bad, earnings estimates are lowered until they are on the ground if necessary. And, those estimates can be buried under ground so companies can simply roll over the estimates like a liquored-up wino and make everyone cheer. This is when companies become ‘buys’ because they didn’t lose as much money as analysts expected. Stock indices have been rising because earnings have been beating analysts expectations. Stocks are not rising because revenue, income, earnings, and employment has been rising. This is pure theatre and investors should read economic data very carefully with the knowledge that most of what they read is an out right lie. If it is printed in the US, there is no question it is a lie.
Statistics and ‘data’ are there for another reason. The FRB uses this nonsense to justify their destruction of the world so central bankers can rule everything. Does it strike anyone besides me as a bit dishonest to see the central banksters pop out of their caldrons to manipulate asset prices from time to time with a few words of deceit? We will never hear the truth as long as central banksters are in business. Thus we have the current economic bubble.
The Fed’s Lockhart calls June rate hike a ‘real option’. We all have a real option to stick our fingers in a blender and set the machine on ‘Puree’ but I wouldn’t recommend that either. Why a people who entertain the idea of personal freedom tolerates these lying sinister banksters I have no idea.
And now for a little levity - courtesy the US Commerce Department. Yes, that would be the DOPE (Department Of Pathological Embellishment). Retail sales ‘data’ was reported by the DOPE today (5/13/16) and it was hilarious. Of course we all know the backdrop. Retailers have almost all unanimously reported declining sales. Yet, the DOPE wants us to believe otherwise so they said that April retail sales in the US increased at a 1.3% rate - the strongest gain in a year! Weeeee!!! One of the strong points of the gain was the increase in apparel sales. Supposedly apparel sales ‘surged’ 1%. Please feel free to have a belly laugh right now. Shouldn’t these liars be required to post a warning before they report such hilarious idiocy? Me myself, I almost choked this morning on my breakfast because I was laughing so hard at the absurdity of such a report. If one listened closely, one could hear laughter erupting all over the world.
Does anyone besides me ever get tired of being lied to by gooberment institutions?
Curiously, the stores that sell apparel reported something totally different. Macy’s is the largest apparel seller in the US and they said their sales were down over 5% and they were lowering full-year estimates to reflect sales declines of 3 - 5 percent. Ditto for the Gap and Kohl’s and Nordstroms. Several other retailers have declared bankruptcy since sales increased so much. Sporting goods even rose in the the DOPE survey. Sports Authority apparently didn’t get the memo as they too declared bankruptcy.
Clearly the Fed would like an opportunity to raise the fed funds rate. Clearly they are writing the news to justify such. Clearly the Fed has been buying stocks and propping up asset prices to justify such. It is a sham. But, nothing will change as long as central banksters are allowed to infect economies with cancerous policies.
Sadly, the lying liars are left in charge by the profoundly ignorant populaces.
To follow up on my article of a few months ago regarding Hillary’s email server being hacked, the hacker, ‘Guccifer’, is still in jail. The story was reported several months ago by Russia Today. In the american press, the story is now ‘breaking news’. I wish the US had an actual media like Russia does. Of course, I do understand that under tyrannical rule the ‘media’ can’t actually report truth. Anyway, the Clinton campaign said of this story: ‘There is absolutely no basis to believe the claims made by this criminal from his prison cell.’
Really? Then why is he a ‘criminal’? Why is he in jail in the first place? Because he is accused of hacking Clinton’s server!!!!! Oh, and not that it matters, the Russians say they have a few gigs of Hillary’s emails. Not to worry. I’m sure they were all discussing what Hillary and Bill were going to have for dinner.
And one last thing. Look for the US fed note to lose another 4% or so relative to the euro before summer starts. This should be the impetus for the Fed to move. The two currencies would then reverse course. The next few months will be interesting.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Read carefully. I just report what I read.
‘Zillow shares surge as quarterly loss narrows’.
CVS had a ‘healthy’ earnings report. Sales rose but earnings actually fell by 6%. How is that ‘healthy’?
Match Group ‘beats forecasts - shares rise 10%’. Well, actually real ‘net earnings’ fell 73% and of the company’s ‘total assets’ listed at $1.9b, $1.3b of that is ‘goodwill’. Goodwill is basically fairy dust.
Perversely, it’s all good as long as the ‘earnings’ beat analyst’s estimates. Of course, Wall Street analysts are simply shills in the con. Earnings estimates are there to allow all players to pretend that all is well. When companies go bad, earnings estimates are lowered until they are on the ground if necessary. And, those estimates can be buried under ground so companies can simply roll over the estimates like a liquored-up wino and make everyone cheer. This is when companies become ‘buys’ because they didn’t lose as much money as analysts expected. Stock indices have been rising because earnings have been beating analysts expectations. Stocks are not rising because revenue, income, earnings, and employment has been rising. This is pure theatre and investors should read economic data very carefully with the knowledge that most of what they read is an out right lie. If it is printed in the US, there is no question it is a lie.
Statistics and ‘data’ are there for another reason. The FRB uses this nonsense to justify their destruction of the world so central bankers can rule everything. Does it strike anyone besides me as a bit dishonest to see the central banksters pop out of their caldrons to manipulate asset prices from time to time with a few words of deceit? We will never hear the truth as long as central banksters are in business. Thus we have the current economic bubble.
The Fed’s Lockhart calls June rate hike a ‘real option’. We all have a real option to stick our fingers in a blender and set the machine on ‘Puree’ but I wouldn’t recommend that either. Why a people who entertain the idea of personal freedom tolerates these lying sinister banksters I have no idea.
And now for a little levity - courtesy the US Commerce Department. Yes, that would be the DOPE (Department Of Pathological Embellishment). Retail sales ‘data’ was reported by the DOPE today (5/13/16) and it was hilarious. Of course we all know the backdrop. Retailers have almost all unanimously reported declining sales. Yet, the DOPE wants us to believe otherwise so they said that April retail sales in the US increased at a 1.3% rate - the strongest gain in a year! Weeeee!!! One of the strong points of the gain was the increase in apparel sales. Supposedly apparel sales ‘surged’ 1%. Please feel free to have a belly laugh right now. Shouldn’t these liars be required to post a warning before they report such hilarious idiocy? Me myself, I almost choked this morning on my breakfast because I was laughing so hard at the absurdity of such a report. If one listened closely, one could hear laughter erupting all over the world.
Does anyone besides me ever get tired of being lied to by gooberment institutions?
Curiously, the stores that sell apparel reported something totally different. Macy’s is the largest apparel seller in the US and they said their sales were down over 5% and they were lowering full-year estimates to reflect sales declines of 3 - 5 percent. Ditto for the Gap and Kohl’s and Nordstroms. Several other retailers have declared bankruptcy since sales increased so much. Sporting goods even rose in the the DOPE survey. Sports Authority apparently didn’t get the memo as they too declared bankruptcy.
Clearly the Fed would like an opportunity to raise the fed funds rate. Clearly they are writing the news to justify such. Clearly the Fed has been buying stocks and propping up asset prices to justify such. It is a sham. But, nothing will change as long as central banksters are allowed to infect economies with cancerous policies.
Sadly, the lying liars are left in charge by the profoundly ignorant populaces.
To follow up on my article of a few months ago regarding Hillary’s email server being hacked, the hacker, ‘Guccifer’, is still in jail. The story was reported several months ago by Russia Today. In the american press, the story is now ‘breaking news’. I wish the US had an actual media like Russia does. Of course, I do understand that under tyrannical rule the ‘media’ can’t actually report truth. Anyway, the Clinton campaign said of this story: ‘There is absolutely no basis to believe the claims made by this criminal from his prison cell.’
Really? Then why is he a ‘criminal’? Why is he in jail in the first place? Because he is accused of hacking Clinton’s server!!!!! Oh, and not that it matters, the Russians say they have a few gigs of Hillary’s emails. Not to worry. I’m sure they were all discussing what Hillary and Bill were going to have for dinner.
And one last thing. Look for the US fed note to lose another 4% or so relative to the euro before summer starts. This should be the impetus for the Fed to move. The two currencies would then reverse course. The next few months will be interesting.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Wednesday, April 27, 2016
Liberty In The USA
4/27/16
There was an incident that happened in February of this year that needs to be explored. A group of Christian musicians were touring in a foreign country to raise money for an orphanage and a hospital. They collected donated money as cash. The police pulled their car over because a tail light was broken, trumped up a bogus drug charge, searched the car, and found their cash. It was $53,000 dollars. The car driver was arrested and the cash was seized by the cops. However, the cops found no drugs on the driver nor in the car. They did not find any drug paraphernalia. They did not smell any drugs. Guess which country this incident happened?
In most states in the US, police can seize property from citizens without proving that a crime was committed. This is known as ‘civil forfeiture’. All the police need is ‘probable cause’ that such assets were used in the commission of a crime. On a federal level, this is known as ‘equitable sharing’. That allows local cops to keep 80% of everything they seize. If a citizen has property seized, they can launch a court challenge that can be both expensive and lengthy. And, the citizen must be innocent of any crime. In the past, I highlighted the story of a college kid who attempted to board a plane to return home after graduation. He was carrying $11,000 dollars in cash that he had saved working part-time jobs while attending college. The gestapo claimed his bags smelled like marijuana. He admitted to smoking marijuana before he got to the airport. He was searched. No marijuana was found. The gestapo still stole the kid’s $11,000.
To date, cops have robbed citizens of over $2 billion dollars in civil forfeitures.
Obama’s attorney general ruled in December that this process was indeed unconstitutional and illegal. She move to halt civil forfeitures. But we all know our fascist. Mr. Obama loves the process of the government confiscating assets from citizens. He overruled his own attorney general and ordered the confiscation to resume in April. America will remain in tyranny.
We should all remember the country we used to live in had a Constitution document that served as the foundation of law. The current regime either hates this document or chooses to subvert it at every turn.
The Fourth Amendment reads: ‘The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.’
Once property is seized, it is nearly impossible to recover.
The Fifth Amendment reads that no person… ‘be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.’
And for those who still think Reagan was a good president, the civil forfeiture started under his regime.
That country in which the $53,000 dollars was seized from a Christian band (from Burma) was of course none other than the ‘land of the free and home of the brave’ - the USA. The terrorists were sheriff’s deputies in Muskogee, Oklahoma. They claimed that a drug dog picked up a scent of drugs in the car. Of course, the truth is that the drug dog is simply a ruse that allows ‘probable cause’ for a search and seizure event. I must assume that the driver that was arrested for drugs he did not possess was not wearing an expensive pair of Jordan sneakers. Otherwise, had they been in the deputy’s size, they too would have been ‘confiscated’.
It is clear that the obama regime is based in tyranny and fascism. They ignore laws and rights with which they do not like. They change other laws to restrict individual rights and liberties. They continue to remake the country into some kind of dictatorial banana republic of which they so obviously admire. So for us oafs who have the loathsome misfortune of living under an obama rule, which laws should we obey and which laws should we just ignore? What do the rulers even call this country any more? It certainly is not ‘America’.
I now know how Michelle Obama used to feel back when she was defrauding other hospitals in the Chicago area by arranging for all the ambulances to ferry patients to the most expensive hospital in the area of which she ran. She said back in 2008 that for the first time in her life, she was ‘proud’ of her country. Well, good for her. None of the rest of us find much to be proud about any more now that even basic liberties have been rescinded. And, it’s not just us. While Mr. Obama is on his ‘stay in the EU’ lecture tour, the Brits are tolerating him like a foul odor expelled in a crowded elevator headed to the penthouse. One writer opined that the world ‘mercifully’ only had a few months left of obama’s regime. Amen!
Of course, the current regime would no doubt require permits to expel odors just like they require for every other act, movement, or expression. Witness the following.
A youth group visiting the 9/11 Memorial in New York broke out into an impromptu version of the Star Spangled Banner. They were quickly interrupted by security who informed the students that they needed to cease and desist from such action as a permit is needed for such a thing. At least I think this incident happened in New York. Maybe it was Moscow. Maybe Shanghai. Maybe it was Havana. What difference does it make? America is certainly no longer ‘exceptional’.
This makes me wonder. If entertainers and purveyors of tripe like Bruce Springsteen and Pearl Jam refuse to tap dance in North Carolina because of perceived discrimination of transexual restroom visitation, will they also boycott Oklahoma and every other state of the union where civil forfeitures are the norm? What about the civil rights of citizens who have lost billions in illegal seizures? What about the NBA threatening to boycott North Carolina by moving the all-star game to another state because of the transexual bathroom law? Do they just pick and choose which acts of discrimination are offensive to them? How is it that these organ grinder monkeys are offended when transexuals are obliged to visit a bathroom that coincides with their birth certificate gender but they are not offended when law enforcement steals $53,000 dollars from a Christian band from Burma raising money for an orphanage?
In the end, a judge ruled that the search and seizure was after all illegal and the money was returned to the band. Did anything really change? Did anybody go to jail for originally stealing the money? Next time, the terrorists will simply ‘plant’ some drugs in the car. This is america, right? Carry on.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
There was an incident that happened in February of this year that needs to be explored. A group of Christian musicians were touring in a foreign country to raise money for an orphanage and a hospital. They collected donated money as cash. The police pulled their car over because a tail light was broken, trumped up a bogus drug charge, searched the car, and found their cash. It was $53,000 dollars. The car driver was arrested and the cash was seized by the cops. However, the cops found no drugs on the driver nor in the car. They did not find any drug paraphernalia. They did not smell any drugs. Guess which country this incident happened?
In most states in the US, police can seize property from citizens without proving that a crime was committed. This is known as ‘civil forfeiture’. All the police need is ‘probable cause’ that such assets were used in the commission of a crime. On a federal level, this is known as ‘equitable sharing’. That allows local cops to keep 80% of everything they seize. If a citizen has property seized, they can launch a court challenge that can be both expensive and lengthy. And, the citizen must be innocent of any crime. In the past, I highlighted the story of a college kid who attempted to board a plane to return home after graduation. He was carrying $11,000 dollars in cash that he had saved working part-time jobs while attending college. The gestapo claimed his bags smelled like marijuana. He admitted to smoking marijuana before he got to the airport. He was searched. No marijuana was found. The gestapo still stole the kid’s $11,000.
To date, cops have robbed citizens of over $2 billion dollars in civil forfeitures.
Obama’s attorney general ruled in December that this process was indeed unconstitutional and illegal. She move to halt civil forfeitures. But we all know our fascist. Mr. Obama loves the process of the government confiscating assets from citizens. He overruled his own attorney general and ordered the confiscation to resume in April. America will remain in tyranny.
We should all remember the country we used to live in had a Constitution document that served as the foundation of law. The current regime either hates this document or chooses to subvert it at every turn.
The Fourth Amendment reads: ‘The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.’
Once property is seized, it is nearly impossible to recover.
The Fifth Amendment reads that no person… ‘be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.’
And for those who still think Reagan was a good president, the civil forfeiture started under his regime.
That country in which the $53,000 dollars was seized from a Christian band (from Burma) was of course none other than the ‘land of the free and home of the brave’ - the USA. The terrorists were sheriff’s deputies in Muskogee, Oklahoma. They claimed that a drug dog picked up a scent of drugs in the car. Of course, the truth is that the drug dog is simply a ruse that allows ‘probable cause’ for a search and seizure event. I must assume that the driver that was arrested for drugs he did not possess was not wearing an expensive pair of Jordan sneakers. Otherwise, had they been in the deputy’s size, they too would have been ‘confiscated’.
It is clear that the obama regime is based in tyranny and fascism. They ignore laws and rights with which they do not like. They change other laws to restrict individual rights and liberties. They continue to remake the country into some kind of dictatorial banana republic of which they so obviously admire. So for us oafs who have the loathsome misfortune of living under an obama rule, which laws should we obey and which laws should we just ignore? What do the rulers even call this country any more? It certainly is not ‘America’.
I now know how Michelle Obama used to feel back when she was defrauding other hospitals in the Chicago area by arranging for all the ambulances to ferry patients to the most expensive hospital in the area of which she ran. She said back in 2008 that for the first time in her life, she was ‘proud’ of her country. Well, good for her. None of the rest of us find much to be proud about any more now that even basic liberties have been rescinded. And, it’s not just us. While Mr. Obama is on his ‘stay in the EU’ lecture tour, the Brits are tolerating him like a foul odor expelled in a crowded elevator headed to the penthouse. One writer opined that the world ‘mercifully’ only had a few months left of obama’s regime. Amen!
Of course, the current regime would no doubt require permits to expel odors just like they require for every other act, movement, or expression. Witness the following.
A youth group visiting the 9/11 Memorial in New York broke out into an impromptu version of the Star Spangled Banner. They were quickly interrupted by security who informed the students that they needed to cease and desist from such action as a permit is needed for such a thing. At least I think this incident happened in New York. Maybe it was Moscow. Maybe Shanghai. Maybe it was Havana. What difference does it make? America is certainly no longer ‘exceptional’.
This makes me wonder. If entertainers and purveyors of tripe like Bruce Springsteen and Pearl Jam refuse to tap dance in North Carolina because of perceived discrimination of transexual restroom visitation, will they also boycott Oklahoma and every other state of the union where civil forfeitures are the norm? What about the civil rights of citizens who have lost billions in illegal seizures? What about the NBA threatening to boycott North Carolina by moving the all-star game to another state because of the transexual bathroom law? Do they just pick and choose which acts of discrimination are offensive to them? How is it that these organ grinder monkeys are offended when transexuals are obliged to visit a bathroom that coincides with their birth certificate gender but they are not offended when law enforcement steals $53,000 dollars from a Christian band from Burma raising money for an orphanage?
In the end, a judge ruled that the search and seizure was after all illegal and the money was returned to the band. Did anything really change? Did anybody go to jail for originally stealing the money? Next time, the terrorists will simply ‘plant’ some drugs in the car. This is america, right? Carry on.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Friday, April 15, 2016
Solvency and Sanity
4/15/16
We all know the old saying that ‘the market can remain insane longer than investors can remain solvent’. We are now living the phrase.
4/13/16: JP Morgan bank released quarterly results. Earnings were down 6.7% and revenue was down 3% (even by fraudulent bankster accounting). The stock price went up over 4.5%. Schazaamm!
Ditto for other big banks Bank of America, Wells Fargo, and Citigroup. Earnings and revenues were down. Stock prices were up.
Peabody Energy, the largest coal producer in the US, declared bankruptcy today. The stock price only dropped by 2.3%.
Consumer spending fell in March. The consumer goods sector was up over 1% today.
An FRB member said the Fed could still raise interest rates four times this year. Is there a psychiatrist in the house?
CSX said rail freight dropped by 5% in their most recent quarter. No worries - the stock price rose more than 4%.
Industrial production through March of 2016 has fallen in 6 of the last 7 months. Yet, the industrial ETF XLI is up some 3% in the same time frame. In a Reuters article explaining the decline, we are cheered on by the article’s writer wanting us to believe the ‘Worst likely over’. Why? Because, according to the article, industrial production has been falling because of the ‘slowing global economy and the robust dollar’. Actually, in this same time frame the US dollar has declined some 4% (as measured by UUP) and global growth continues to slow. So why is the ‘worst likely over’?
I really hate to be so repetitive but the driver of stock price appreciation has not changed nor relented. The Federal Reserve Bank continues to spur on stock prices to cover the Fed’s own thievery and fraud.
Fed Chair Yellen was on stage with past heads Bernanke, Greenspan, and Volker this past week. Listen closely to the biggest criminals in history. Bernanke said two things.
First, he tried to convince listeners that QE was over. It’s not. The Fed is still buying Treasuries and mortgage paper with maturing paper that they have already stolen. Why are US Treasuries still in rally mode? Because the Fed is still buying them like Emory University students are buying underwear given that they apparently soil themselves every time they hear a scary name like ‘Trump’.
Second, Bernanke addressed the FRB’s ‘exit strategy’ from their massive $4.5 trillion of looted assets. He said at some point that the FRB would simply stop reinvesting matured notes and the balance sheet would normalize. Really? That might fly for the average ignorant american (sorry for the oxymoron) but not me. The only way this happens is upon maturity of notes, the FRB returns the principal back to the Treasury. Does anyone actually believe the FRB would give back the $4.5 trillion in stolen US assets?
So now, as insane as it sounds, the only thing that matters is the calendar. It starts in the fourth quarter.
The Fed wants investors dumb, completely hoodwinked, and happy. So, they goose up the stock indices in the fourth quarter so the annual portfolio statement looks pretty in January. The FRB takes the month of January off so the indices collapse. See the 10% decline in the month of January of 2016.
This gives the FRB, the gooberment, and the cheerleading shills like CNBC time to think up lies about how great things really are and why the indices are a good buy. Then the FRB goes to work in February and March. See the 10% index rise in February and March of 2016. Investors begin to worry about the insanity of such price movement. To cover their fraud, the FRB keeps the pedal to the metal in April as every April becomes a positive month for stock prices.
If the FRB pushes the indices far enough into positive territory, they take off May and June. Without FRB intervention, stock prices slide in the summer only to be jolted higher by a rally from nowhere at the end of the season. September can be a down month but then, the fourth quarter is back and…, well, up, up, up go the indices.
Now, the insanity is that none of the above is based on reality or truth. Forget all that stuff I wrote at the beginning of this article. It just happens for the manipulation of investor psychology. The best tool of modern investors is to be completely stupid and ignorant of everything. Just put some money in stocks and wait for the FRB to blow some more air into the bubble. Now, I’m talking about being really, really stupid. How stupid? Well, the most successful investor will be the investor that doesn’t even know the FRB exists. Or, maybe an investor that thinks the FRB is part of the US government will do well.
Otherwise, intelligence and prudence would surely compel investors to sell stocks short as asset prices continue to rise in the bubble. However, the expanding bubble puts pressure on the solvency of the intelligent. This is where investors must strategize.
The best thing to do is to watch CNBC and listen to every idiot they parade on the tube. What’s good to buy? Everything! When should we buy? Now! The train is leaving the station. Is there any risk? Of course not. Ever heard of the FRB? What we need to realize is that our world is now run by the insane. The insane rulers will eventually bankrupt the knowledgeable and challenge solvency. Stay stoopid! Uh, I mean ‘stupid’.
Oh, and don’t read articles like this. Knowledge is poison.
Let me close with this example of insanity. Why do the Sanders backers want free college education? If they get their wish and the US adopts socialism in which the government takes care of everyone from cradle to the grave, why then would anybody need to waste time in college? If graduates get a good job, the socialist government will just take all their money and give it to people going to college for free. So, why go to college if the government takes care of everything?
Like I said, stay stupid, my friends! Your portfolio depends on it!
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
We all know the old saying that ‘the market can remain insane longer than investors can remain solvent’. We are now living the phrase.
4/13/16: JP Morgan bank released quarterly results. Earnings were down 6.7% and revenue was down 3% (even by fraudulent bankster accounting). The stock price went up over 4.5%. Schazaamm!
Ditto for other big banks Bank of America, Wells Fargo, and Citigroup. Earnings and revenues were down. Stock prices were up.
Peabody Energy, the largest coal producer in the US, declared bankruptcy today. The stock price only dropped by 2.3%.
Consumer spending fell in March. The consumer goods sector was up over 1% today.
An FRB member said the Fed could still raise interest rates four times this year. Is there a psychiatrist in the house?
CSX said rail freight dropped by 5% in their most recent quarter. No worries - the stock price rose more than 4%.
Industrial production through March of 2016 has fallen in 6 of the last 7 months. Yet, the industrial ETF XLI is up some 3% in the same time frame. In a Reuters article explaining the decline, we are cheered on by the article’s writer wanting us to believe the ‘Worst likely over’. Why? Because, according to the article, industrial production has been falling because of the ‘slowing global economy and the robust dollar’. Actually, in this same time frame the US dollar has declined some 4% (as measured by UUP) and global growth continues to slow. So why is the ‘worst likely over’?
I really hate to be so repetitive but the driver of stock price appreciation has not changed nor relented. The Federal Reserve Bank continues to spur on stock prices to cover the Fed’s own thievery and fraud.
Fed Chair Yellen was on stage with past heads Bernanke, Greenspan, and Volker this past week. Listen closely to the biggest criminals in history. Bernanke said two things.
First, he tried to convince listeners that QE was over. It’s not. The Fed is still buying Treasuries and mortgage paper with maturing paper that they have already stolen. Why are US Treasuries still in rally mode? Because the Fed is still buying them like Emory University students are buying underwear given that they apparently soil themselves every time they hear a scary name like ‘Trump’.
Second, Bernanke addressed the FRB’s ‘exit strategy’ from their massive $4.5 trillion of looted assets. He said at some point that the FRB would simply stop reinvesting matured notes and the balance sheet would normalize. Really? That might fly for the average ignorant american (sorry for the oxymoron) but not me. The only way this happens is upon maturity of notes, the FRB returns the principal back to the Treasury. Does anyone actually believe the FRB would give back the $4.5 trillion in stolen US assets?
So now, as insane as it sounds, the only thing that matters is the calendar. It starts in the fourth quarter.
The Fed wants investors dumb, completely hoodwinked, and happy. So, they goose up the stock indices in the fourth quarter so the annual portfolio statement looks pretty in January. The FRB takes the month of January off so the indices collapse. See the 10% decline in the month of January of 2016.
This gives the FRB, the gooberment, and the cheerleading shills like CNBC time to think up lies about how great things really are and why the indices are a good buy. Then the FRB goes to work in February and March. See the 10% index rise in February and March of 2016. Investors begin to worry about the insanity of such price movement. To cover their fraud, the FRB keeps the pedal to the metal in April as every April becomes a positive month for stock prices.
If the FRB pushes the indices far enough into positive territory, they take off May and June. Without FRB intervention, stock prices slide in the summer only to be jolted higher by a rally from nowhere at the end of the season. September can be a down month but then, the fourth quarter is back and…, well, up, up, up go the indices.
Now, the insanity is that none of the above is based on reality or truth. Forget all that stuff I wrote at the beginning of this article. It just happens for the manipulation of investor psychology. The best tool of modern investors is to be completely stupid and ignorant of everything. Just put some money in stocks and wait for the FRB to blow some more air into the bubble. Now, I’m talking about being really, really stupid. How stupid? Well, the most successful investor will be the investor that doesn’t even know the FRB exists. Or, maybe an investor that thinks the FRB is part of the US government will do well.
Otherwise, intelligence and prudence would surely compel investors to sell stocks short as asset prices continue to rise in the bubble. However, the expanding bubble puts pressure on the solvency of the intelligent. This is where investors must strategize.
The best thing to do is to watch CNBC and listen to every idiot they parade on the tube. What’s good to buy? Everything! When should we buy? Now! The train is leaving the station. Is there any risk? Of course not. Ever heard of the FRB? What we need to realize is that our world is now run by the insane. The insane rulers will eventually bankrupt the knowledgeable and challenge solvency. Stay stoopid! Uh, I mean ‘stupid’.
Oh, and don’t read articles like this. Knowledge is poison.
Let me close with this example of insanity. Why do the Sanders backers want free college education? If they get their wish and the US adopts socialism in which the government takes care of everyone from cradle to the grave, why then would anybody need to waste time in college? If graduates get a good job, the socialist government will just take all their money and give it to people going to college for free. So, why go to college if the government takes care of everything?
Like I said, stay stupid, my friends! Your portfolio depends on it!
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
Wednesday, April 6, 2016
The Ignorant and the Offended
“If you've got a business. you didn't build that. Somebody else made that happen.” - Barack Obama
It takes an ignorant person to offend everyone.
America has become the land of the ignorant and the offended. Citizens remain profoundly ignorant of truth and everyone seems to be chronically offended. Maybe if people weren’t so ignorant, they wouldn’t be so offended.
For instance, the nation is in an election year and citizens are lining up behind their favorite candidates. Sadly, my party, the party of ‘NO’, and my candidacy for the presidency, has thus far been ignored by the ignorant masses. That is to be expected. My political party of ‘NO’ represents a movement to curtail government spending while much of the country wants more freebies (courtesy of even more government spending). Sadly, my candidacy is the only chance america has to survive.
I offer my candidacy because I have no representation in government. No one. Not the person that sleeps in the White House. None of the 535 people in congress represent me. I have no representation at the state level nor at the local level. None. I get a kick when I hear Mr. Obama say, “the american people”. Pathetically, the man apparently hasn’t gotten the memo that the ‘american people’ is now a collection of hopelessly fragmented segments of society all working for their own agenda. In that sense, the illuminati is winning the battle. America has to be destroyed and the best way to accomplish that is to tear it apart piece by piece. A united republic poses opposition to the illuminati’s plan of world domination by select banksters. My conscience beckons me to offer a real solution for those who appreciate personal liberty and the challenges of true capitalism.
Let’s look at ignorance. Lincoln Blades wrote in Rolling Stone magazine (‘What Happens to America If Trump Loses?’, 3/14/16), ‘The ability to say whatever the hell you want, violently lay hands on whoever disagrees with you, and publicly castigate those who are different from you are the unofficial selling points of a…’ I omitted the end of the previous sentence. Readers can fill it in. Seems to me that Mr. Blades could be describing the supposed ‘progressives’ who continue to try and deprive Mr. Trump of his First Amendment rights of free speech. We have seen them. Demonstrators purposefully try prevent Mr. Trump from even speaking. When he does take to the podium, these demonstrators try to shout down Mr. Trump while aggressively assailing Mr. Trump’s supporters. They say what they want whether or not any of it is truthful. Cameras caught one individual trying to charge the stage while Mr. Trump was speaking. And of course, these anti-Trumpers dismiss all who disagree with them as racists hate mongers. In this sense, Mr. Blades is correct about the anti-Trumpers and the progressives.
However, Mr. Blades completed his sentence with the words, ‘a Donald Trump rally’. It is a shame that this level of ignorance rejects thoughtful discourse and logical rationality. Mr. Blades is of course just another bigot who paints all of Mr. Trump’s supporters with the same brush. They are of course racist, hate-filled, rednecked, uneducated, working white people. This is of course racist and bigoted but the offended only see in one direction.
The problem with those who describe themselves as ‘progressives’ is that they are profanely ignorant, intolerant, and smugly condescending to anyone who disagrees with them. That would be the non-progressives I suppose. It’s as if the progressives oppose anyone who objects to the ignorance of progressive policies or the inevitable rat hole to which the progressives want america to pursue. For instance, the current progressive regime has piled more debt enslavement upon the taxpayers of the nation than all the other regimes in US history combined. Ignorance implies a lack of knowledge. Mr. Blades no doubt would support the current regime and at the same time, rail against the top ‘1%’ who continue to game the system. Yet, the ignorance is that the current regime has allowed the ‘1%’ to wallow in the riches of thievery. The current regime IS the 1%!
Mr. Obama, for instance, takes his wife and two daughters on many of his trips. He, and his wife, classify their teenage daughters as ‘government officials’ so their trip expenses can be paid for by the US taxpayer. The latest trip to Cuba? While the government of Cuba was laughing at the poor fellow, the press was all about the pretty outfits worn by the Obama’s. They should be pretty. The US taxpayers paid for them! Upon arrival back in the US, Mr. Obama announced that US presidents should be given 18% more money in retirement. I have two things to say. First, if Mr. Obama is so desperate to wear a King’s crown, then he should go down to Burger King and order a kid’s meal. They will give him one and I think that little cardboard crown would look great on him! Second, vote for me and the party of NO and all this government spending will come to a rapid halt!
But what has been the tool for the Obama’s and the Clinton’s to rig the game in favor of the 1% to which they belong? Bailouts to friends of the 1%. The Federal Reserve Bank is the piggy bank that allows US Congresses to wildly spend borrowed money for bank bailouts and other ridiculous spending projects ($42 million dollar gas station in Afghanistan) that benefit politicians. Bernie Sanders got the military to park a bunch of planes they don’t use in Vermont in exchange for rent paid to Vermont. (If I am president, those planes would simply be stored at a military facility at no extra cost to tax payers.) That wild spending appeases the constituents of politicians because the constituents are so ignorant they think they are going to get something for free. For instance, in Cuba health care is free to all. Yet, in 2012, the Havana Times newspaper reported that the mean salary for a Cuban worker was $22 dollars (US equivalent) per month. That’s $264 dollars per year! So, is health care really free?
Wild government spending results in higher taxes for those uneducated, hate-filled working people. Higher taxes result in weak economies. The FRB has allowed for the rich to get richer. Under my presidency, I would expel the FRB from the land immediately upon my swearing in ceremony. The big banks and the 1% crowd would then be in immediate trouble.
The ignorance though continues to grow like a cancer that has metastasized to the brain. Several states and municipalities have followed the progressive lead to raise minimum wages. Aside from my own article written months ago arguing that minimum wages are just tax hikes (higher wages put workers in higher tax brackets), this is an exercise in ignorance. It is also an exercise of big government telling business how to operate. California just passed a measure to raise minimum wages to $15 dollars per hour over the next several years. Yet, even the government’s own CBO (Congressional Budget Office) estimated back in 2014 that raising federal minimum wages from the current $7.25 per hour to $10.10 per hour would cost 500,000 jobs. Progressives all argue for the $15 dollar per hour mark. How many jobs do they want to destroy? Just to amplify this point, in areas where the wage has already increased there have been sharp increases in the cost of goods and services. Cost increases and job losses negate any wage gains.
So how does the FRB fit in this conversation? The FRB continues to talk about trying to push the US economy into 2% inflation. Stated differently, the central bank wants to steal 2% of our purchasing power every year. $100 dollars saved in January will only buy $98 dollars of goods in December. And next year, $100 dollars saved this year will only buy $96 dollars of goods. And so on, and so on. Elect me and I can’t even tell readers how fast this will stop!! The question is, does the ignorant populace even have a clue? They don’t because they are so distracted by imbecilic politicians on both sides, a nazi-styled media that is nothing but a propaganda machine for the regime, and perceived discrimination for which we are all in a state of perpetual offensiveness.
America has now morphed into a shadow state run by oligarchs, cloaked in patriotism, unrepresentative of the populace, sinister in its lust of power, and enabled by the profound and profane ignorance of the populace. Witness, millions of citizens are lining up to ‘vote’ in the presidential primary. What for? One oligarch is the same as the next oligarch. These political parasites always support each other and not us.
For instance, Mr. Obama once said the following about Debbie Wasserman Shultz - Florida state representative and chair of the DNC: “She always stands up and fights for what is right for her district while passionately supporting middle class families.”
Really? Let’s check the truth. Ms Shultz is co-sponsor of the Consumer Protection and Choice Act, which would forestall new payday loan regulations formulated by the Consumer Financial Protection Bureau for at least two more years. Payday loan regulations have been proposed and supported by the man Ms. Shultz worships, Barrack Obama, and republicans whom she disdains. These lenders charge up to 400% per year and this seems unfair and predatory toward the poor people that use these institutions. Yet, Ms. Shultz is clearly not standing up for the poor people who she purports to represent. What gives? Aaahhh, here it is. It is reported that Ms. Shultz has received some $68,000 in donations from the payday lender group.
Ms. Shultz has encouraged boycotts of companies like Hobby Lobby and Chick-Fil-A (both privately owned companies) because she objects to their religious views (they are Christian) concerning the ACA mandate on certain contraception methods. All these companies have to do is slide Ms. Shultz a fee bucks under the table and she would be at Chick-Fil-A every day for lunch.
Why don’t we close the borders? Ms. Shultz received more than $20 grand from the private prison lobby. The current federal government spends more than $18 billion per year on immigration enforcement and that mostly goes to private prison operators who pay their government puppets well. By the way, that $18 billion is more than all the other federal law enforcement agencies spend combined.
And what about the DNC of which Ms. Shultz is chair? They are currently some $2 million in debt. If needed contrast, the RNC is in the black. Why even consider this? The money contributed by Political Action Committees (PACs) goes to the DNC and it is distributed, in part, to democratic state parties in exchange for superdelegates. The democrats have what are called ‘superdelegates’ and they pledge support for a candidate regardless of any democratic voting process. Superdelegates account for some 15% of the total DNC delegates. In New Hampshire, Mr. Sanders collected 60% of the democratic vote yet Hillary received all 6 of the state’s superdelegates. Why? Because Hillary bought them. Yeah, these politicians are all about representing ‘the people’. Regardless of party, they are bought and sold. They all just lie about their intentions. None of them represent me!
This ignorance that is now terminal in the US has led to intolerance. People cannot tolerate differences. Yet, the intolerant think they are the offended.
San Francisco State University was a recent example of racism, bigotry, and the offended offending everyone else. A video has been posted showing a white student being confronted in a classroom hallway by two black students. The black students were accosting the white student because the white student wore his hair in dreadlocks. The female black student was lecturing the white student that he was not allowed to wear his hair in this fashion. Dreadlocks, according to the black students, belonged solely to the culture of black people. The white student informed the black students that dreadlocks originated in Egypt. This is where it really gets sad. Yes, racism is a two-way street but it gets worse. The black student then asks the white student, “Where is Egypt?’ So, these students were admitted to college and they didn’t know the geographic location of Egypt? What are the pre-requisites for getting into this institution of higher learning - fogging a mirror? Finally the white student has to push his way by the black student who was impeding his navigation to class. Perhaps the black student should have followed. Maybe she could have learned the location of Egypt. Isn’t San Francisco supposed to be all ‘progressive’ and tolerant?
And speaking of higher education, students at Emory University cowered in their dorms afraid to go to class because someone had written with chalk on a campus walkway, ‘TRUMP2016’. Students were afraid for their safety. Now, beyond the complete stupidity of that thought, it seems to me that this has a more serious ramification. This story is seen world wide. What must ISIL and other enemies of the US be thinking now? They might be thinking how stupid they themselves have been. All this time ISIL and other terrorists have been making bombs, trying to down airplanes, committing horrific acts of mass murder, and trying to get their hands on weapons to bring down the US and it was all unnecessary. As it turns out, all the bad guys have to do in order to take over the US is to just show up with a bunch of ‘Donald Trump’ signs and americans would simply cower under their desks in a fetal position. At least, the college generation would be catatonic with fear. What are they afraid of? They might fear Trump’s promise to bring jobs to the US so these childish goofs might have to go to work after college.
Ladies and gentlemen, I know I am getting older but this time, with this generation, I think we really are in trouble. The, for lack of better word, ‘education’ system in the US is so obviously totally broken. What kind of nitwits are coming out of college these days? Worse, what kind of nitwits ‘teach’ in college these days?
Presidential candidate Donald Trump constantly draws media fire for ‘violence’ at his rallies. The same media points out that other candidates, mostly democrats, do not experience the same demonstrations and violent interruptions as does Trump. They smugly wonder why as if there is something inherently violent about Trump. Maybe this is because the Trump supporters actually believe in liberty and its bedrock the right to assemble and engage in free speech.
Why is all this even important? Because ignorant and offended people can easily be manipulated through lies. The US regime lies like Abel after the murder of his brother Cain. Supposedly, the US economy is adding some 200k new jobs a month. Nevermind that lie or that almost all of these jobs are part-time and contractor based. And, they are almost all in entry level positions. Telling the truth could overcome ignorance. Truth is not offensive.
Truth. At the end of March, Boeing announced that it was cutting 8,000 jobs this year. The good news is that the laid off workers will be able to find jobs as restaurant servers given that payroll firm ADT says the economy is adding 200,000 jobs a month - most of them in the restaurant business.
And finally, ignorance and perpetually offended populaces give way to tyrannical regimes. The latest example is the regimes efforts to halt tax inversion deals. This occurs when a US company buys a foreign company and for purposes of taxes, locates headquarters in the lower taxed country. The regime and Mr. Obama responded by proposing a new law that will tax this process until it is not profitable. Mr. Obama said that companies were taking advantage of the american economy. Aren’t illegal immigrants doing the same thing? Does Mr. Obama propose to stop this process too?
The ignorant are always offended.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
It takes an ignorant person to offend everyone.
America has become the land of the ignorant and the offended. Citizens remain profoundly ignorant of truth and everyone seems to be chronically offended. Maybe if people weren’t so ignorant, they wouldn’t be so offended.
For instance, the nation is in an election year and citizens are lining up behind their favorite candidates. Sadly, my party, the party of ‘NO’, and my candidacy for the presidency, has thus far been ignored by the ignorant masses. That is to be expected. My political party of ‘NO’ represents a movement to curtail government spending while much of the country wants more freebies (courtesy of even more government spending). Sadly, my candidacy is the only chance america has to survive.
I offer my candidacy because I have no representation in government. No one. Not the person that sleeps in the White House. None of the 535 people in congress represent me. I have no representation at the state level nor at the local level. None. I get a kick when I hear Mr. Obama say, “the american people”. Pathetically, the man apparently hasn’t gotten the memo that the ‘american people’ is now a collection of hopelessly fragmented segments of society all working for their own agenda. In that sense, the illuminati is winning the battle. America has to be destroyed and the best way to accomplish that is to tear it apart piece by piece. A united republic poses opposition to the illuminati’s plan of world domination by select banksters. My conscience beckons me to offer a real solution for those who appreciate personal liberty and the challenges of true capitalism.
Let’s look at ignorance. Lincoln Blades wrote in Rolling Stone magazine (‘What Happens to America If Trump Loses?’, 3/14/16), ‘The ability to say whatever the hell you want, violently lay hands on whoever disagrees with you, and publicly castigate those who are different from you are the unofficial selling points of a…’ I omitted the end of the previous sentence. Readers can fill it in. Seems to me that Mr. Blades could be describing the supposed ‘progressives’ who continue to try and deprive Mr. Trump of his First Amendment rights of free speech. We have seen them. Demonstrators purposefully try prevent Mr. Trump from even speaking. When he does take to the podium, these demonstrators try to shout down Mr. Trump while aggressively assailing Mr. Trump’s supporters. They say what they want whether or not any of it is truthful. Cameras caught one individual trying to charge the stage while Mr. Trump was speaking. And of course, these anti-Trumpers dismiss all who disagree with them as racists hate mongers. In this sense, Mr. Blades is correct about the anti-Trumpers and the progressives.
However, Mr. Blades completed his sentence with the words, ‘a Donald Trump rally’. It is a shame that this level of ignorance rejects thoughtful discourse and logical rationality. Mr. Blades is of course just another bigot who paints all of Mr. Trump’s supporters with the same brush. They are of course racist, hate-filled, rednecked, uneducated, working white people. This is of course racist and bigoted but the offended only see in one direction.
The problem with those who describe themselves as ‘progressives’ is that they are profanely ignorant, intolerant, and smugly condescending to anyone who disagrees with them. That would be the non-progressives I suppose. It’s as if the progressives oppose anyone who objects to the ignorance of progressive policies or the inevitable rat hole to which the progressives want america to pursue. For instance, the current progressive regime has piled more debt enslavement upon the taxpayers of the nation than all the other regimes in US history combined. Ignorance implies a lack of knowledge. Mr. Blades no doubt would support the current regime and at the same time, rail against the top ‘1%’ who continue to game the system. Yet, the ignorance is that the current regime has allowed the ‘1%’ to wallow in the riches of thievery. The current regime IS the 1%!
Mr. Obama, for instance, takes his wife and two daughters on many of his trips. He, and his wife, classify their teenage daughters as ‘government officials’ so their trip expenses can be paid for by the US taxpayer. The latest trip to Cuba? While the government of Cuba was laughing at the poor fellow, the press was all about the pretty outfits worn by the Obama’s. They should be pretty. The US taxpayers paid for them! Upon arrival back in the US, Mr. Obama announced that US presidents should be given 18% more money in retirement. I have two things to say. First, if Mr. Obama is so desperate to wear a King’s crown, then he should go down to Burger King and order a kid’s meal. They will give him one and I think that little cardboard crown would look great on him! Second, vote for me and the party of NO and all this government spending will come to a rapid halt!
But what has been the tool for the Obama’s and the Clinton’s to rig the game in favor of the 1% to which they belong? Bailouts to friends of the 1%. The Federal Reserve Bank is the piggy bank that allows US Congresses to wildly spend borrowed money for bank bailouts and other ridiculous spending projects ($42 million dollar gas station in Afghanistan) that benefit politicians. Bernie Sanders got the military to park a bunch of planes they don’t use in Vermont in exchange for rent paid to Vermont. (If I am president, those planes would simply be stored at a military facility at no extra cost to tax payers.) That wild spending appeases the constituents of politicians because the constituents are so ignorant they think they are going to get something for free. For instance, in Cuba health care is free to all. Yet, in 2012, the Havana Times newspaper reported that the mean salary for a Cuban worker was $22 dollars (US equivalent) per month. That’s $264 dollars per year! So, is health care really free?
Wild government spending results in higher taxes for those uneducated, hate-filled working people. Higher taxes result in weak economies. The FRB has allowed for the rich to get richer. Under my presidency, I would expel the FRB from the land immediately upon my swearing in ceremony. The big banks and the 1% crowd would then be in immediate trouble.
The ignorance though continues to grow like a cancer that has metastasized to the brain. Several states and municipalities have followed the progressive lead to raise minimum wages. Aside from my own article written months ago arguing that minimum wages are just tax hikes (higher wages put workers in higher tax brackets), this is an exercise in ignorance. It is also an exercise of big government telling business how to operate. California just passed a measure to raise minimum wages to $15 dollars per hour over the next several years. Yet, even the government’s own CBO (Congressional Budget Office) estimated back in 2014 that raising federal minimum wages from the current $7.25 per hour to $10.10 per hour would cost 500,000 jobs. Progressives all argue for the $15 dollar per hour mark. How many jobs do they want to destroy? Just to amplify this point, in areas where the wage has already increased there have been sharp increases in the cost of goods and services. Cost increases and job losses negate any wage gains.
So how does the FRB fit in this conversation? The FRB continues to talk about trying to push the US economy into 2% inflation. Stated differently, the central bank wants to steal 2% of our purchasing power every year. $100 dollars saved in January will only buy $98 dollars of goods in December. And next year, $100 dollars saved this year will only buy $96 dollars of goods. And so on, and so on. Elect me and I can’t even tell readers how fast this will stop!! The question is, does the ignorant populace even have a clue? They don’t because they are so distracted by imbecilic politicians on both sides, a nazi-styled media that is nothing but a propaganda machine for the regime, and perceived discrimination for which we are all in a state of perpetual offensiveness.
America has now morphed into a shadow state run by oligarchs, cloaked in patriotism, unrepresentative of the populace, sinister in its lust of power, and enabled by the profound and profane ignorance of the populace. Witness, millions of citizens are lining up to ‘vote’ in the presidential primary. What for? One oligarch is the same as the next oligarch. These political parasites always support each other and not us.
For instance, Mr. Obama once said the following about Debbie Wasserman Shultz - Florida state representative and chair of the DNC: “She always stands up and fights for what is right for her district while passionately supporting middle class families.”
Really? Let’s check the truth. Ms Shultz is co-sponsor of the Consumer Protection and Choice Act, which would forestall new payday loan regulations formulated by the Consumer Financial Protection Bureau for at least two more years. Payday loan regulations have been proposed and supported by the man Ms. Shultz worships, Barrack Obama, and republicans whom she disdains. These lenders charge up to 400% per year and this seems unfair and predatory toward the poor people that use these institutions. Yet, Ms. Shultz is clearly not standing up for the poor people who she purports to represent. What gives? Aaahhh, here it is. It is reported that Ms. Shultz has received some $68,000 in donations from the payday lender group.
Ms. Shultz has encouraged boycotts of companies like Hobby Lobby and Chick-Fil-A (both privately owned companies) because she objects to their religious views (they are Christian) concerning the ACA mandate on certain contraception methods. All these companies have to do is slide Ms. Shultz a fee bucks under the table and she would be at Chick-Fil-A every day for lunch.
Why don’t we close the borders? Ms. Shultz received more than $20 grand from the private prison lobby. The current federal government spends more than $18 billion per year on immigration enforcement and that mostly goes to private prison operators who pay their government puppets well. By the way, that $18 billion is more than all the other federal law enforcement agencies spend combined.
And what about the DNC of which Ms. Shultz is chair? They are currently some $2 million in debt. If needed contrast, the RNC is in the black. Why even consider this? The money contributed by Political Action Committees (PACs) goes to the DNC and it is distributed, in part, to democratic state parties in exchange for superdelegates. The democrats have what are called ‘superdelegates’ and they pledge support for a candidate regardless of any democratic voting process. Superdelegates account for some 15% of the total DNC delegates. In New Hampshire, Mr. Sanders collected 60% of the democratic vote yet Hillary received all 6 of the state’s superdelegates. Why? Because Hillary bought them. Yeah, these politicians are all about representing ‘the people’. Regardless of party, they are bought and sold. They all just lie about their intentions. None of them represent me!
This ignorance that is now terminal in the US has led to intolerance. People cannot tolerate differences. Yet, the intolerant think they are the offended.
San Francisco State University was a recent example of racism, bigotry, and the offended offending everyone else. A video has been posted showing a white student being confronted in a classroom hallway by two black students. The black students were accosting the white student because the white student wore his hair in dreadlocks. The female black student was lecturing the white student that he was not allowed to wear his hair in this fashion. Dreadlocks, according to the black students, belonged solely to the culture of black people. The white student informed the black students that dreadlocks originated in Egypt. This is where it really gets sad. Yes, racism is a two-way street but it gets worse. The black student then asks the white student, “Where is Egypt?’ So, these students were admitted to college and they didn’t know the geographic location of Egypt? What are the pre-requisites for getting into this institution of higher learning - fogging a mirror? Finally the white student has to push his way by the black student who was impeding his navigation to class. Perhaps the black student should have followed. Maybe she could have learned the location of Egypt. Isn’t San Francisco supposed to be all ‘progressive’ and tolerant?
And speaking of higher education, students at Emory University cowered in their dorms afraid to go to class because someone had written with chalk on a campus walkway, ‘TRUMP2016’. Students were afraid for their safety. Now, beyond the complete stupidity of that thought, it seems to me that this has a more serious ramification. This story is seen world wide. What must ISIL and other enemies of the US be thinking now? They might be thinking how stupid they themselves have been. All this time ISIL and other terrorists have been making bombs, trying to down airplanes, committing horrific acts of mass murder, and trying to get their hands on weapons to bring down the US and it was all unnecessary. As it turns out, all the bad guys have to do in order to take over the US is to just show up with a bunch of ‘Donald Trump’ signs and americans would simply cower under their desks in a fetal position. At least, the college generation would be catatonic with fear. What are they afraid of? They might fear Trump’s promise to bring jobs to the US so these childish goofs might have to go to work after college.
Ladies and gentlemen, I know I am getting older but this time, with this generation, I think we really are in trouble. The, for lack of better word, ‘education’ system in the US is so obviously totally broken. What kind of nitwits are coming out of college these days? Worse, what kind of nitwits ‘teach’ in college these days?
Presidential candidate Donald Trump constantly draws media fire for ‘violence’ at his rallies. The same media points out that other candidates, mostly democrats, do not experience the same demonstrations and violent interruptions as does Trump. They smugly wonder why as if there is something inherently violent about Trump. Maybe this is because the Trump supporters actually believe in liberty and its bedrock the right to assemble and engage in free speech.
Why is all this even important? Because ignorant and offended people can easily be manipulated through lies. The US regime lies like Abel after the murder of his brother Cain. Supposedly, the US economy is adding some 200k new jobs a month. Nevermind that lie or that almost all of these jobs are part-time and contractor based. And, they are almost all in entry level positions. Telling the truth could overcome ignorance. Truth is not offensive.
Truth. At the end of March, Boeing announced that it was cutting 8,000 jobs this year. The good news is that the laid off workers will be able to find jobs as restaurant servers given that payroll firm ADT says the economy is adding 200,000 jobs a month - most of them in the restaurant business.
And finally, ignorance and perpetually offended populaces give way to tyrannical regimes. The latest example is the regimes efforts to halt tax inversion deals. This occurs when a US company buys a foreign company and for purposes of taxes, locates headquarters in the lower taxed country. The regime and Mr. Obama responded by proposing a new law that will tax this process until it is not profitable. Mr. Obama said that companies were taking advantage of the american economy. Aren’t illegal immigrants doing the same thing? Does Mr. Obama propose to stop this process too?
The ignorant are always offended.
Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.
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