Archive for July, 2013

Approved Lawlessness

Tuesday, July 9th, 2013

When one country allows another country to spy on its population and continues to sign trade agreements, it approves the lawless acts of the spying country.  What it says in an ominous fashion is that the love of money is greater than international law and the country is desperate.  How ...

Daily Definition

Tuesday, July 9th, 2013

Deconfliction is a military and engineering term that refers to the process of avoiding mutual interference, or outright hazards, among systems under the control of one's own sides. It is most often used in the context of preventing fratricide, or having weapons hit one's own troops, but it has broader ...

Extreme True Unemployment

Tuesday, July 9th, 2013

I recommend a subscription to www.shadowstats.com to the Finance/Economics-oriented readers for all the detail of what the true economy is doing.  John Williams does the work there and he saves the rest of us a lot of time by tracking the trends of the U.S. macroeconomic picture using the government’s ...

The Purpose of Profit

Monday, July 8th, 2013

The purpose of profit is to support expansion.  There are two general types of profit (or gain): just and unjust.  The moment you spend money, you are supporting one of these two types of profit and in today’s world you are most likely supporting a lot of unjust gain. ...

Desperate Measures: The Smash

Saturday, July 6th, 2013

Friday saw another smash of gold and silver by the not-so-secret agents of the Fed. The employment numbers were spun to present the illusion that all is well. Not so. The Germans want their gold. The Chinese are acquiring tons of gold. Nobody wants to accumulate Dollars ...

Employment latest numbers

Friday, July 5th, 2013

Although the mainstream media reported a rosy U.S. employment picture, the raw numbers reflect a different reality. Instead of the reported 190,000 increase in jobs, shadow stats.com reports a loss of 240,000 full-time jobs. Further, unemployment remains high at 23.4% according to John Williams. I report U.S. centric numbers ...

Living in Denial

Friday, July 5th, 2013

The worst thing a person can do is to live in denial of the truth. The Scripture refers to it as being blinded. When you stray from the reality and place your hope in an illusion, you become unfruitful. That is exactly what is happening in the ...

The Impact of Lies

Thursday, July 4th, 2013

Psalms 40:4 (KJV) Blessed [is] that man that maketh the LORD his trust, and respecteth not the proud, nor such as turn aside to lies. The saga of Snowden continues. The U.S. authorities continue their attempt to arrest the whistleblower. No one has denied his accusations but instead has claimed ...

Failure to deliver

Wednesday, July 3rd, 2013

The Kings of the East continue to drain the readily available gold and silver inventory from the system. They are trading the accumulated U.S. Treasury debt of years past. Americans have accumulated "Made in China" goods, much decaying in garages and storage units, or bigger houses, aka McMansions. ...

Basel III Realties

Tuesday, July 2nd, 2013

In my opinion, Basel III will be insufficient to offset the losses that are already imbedded in the system. Back in the 1980's during the last major banking crisis, the most capitalized large bank in Oklahoma had a capital structure of 10%, superior to the Basel III requirements. ...