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.

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.

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.