Thursday, September 30, 2010
Looks like a reversal day.
Wednesday, September 29, 2010
Tuesday, September 28, 2010
What does this remind you of? Perhaps the Nasdaq bubble up to early 2000?
http://en.wikipedia.org/wiki/File:World_population_growth_(lin-log_scale).png
In many ways, it's worse, since this is a log scale.
Superimpose on this chart, the Nasdaq bubble, plus the ensuing decline, and you can see problems ahead for a long, long, time.
The crash in population that's coming could last for at least centuries, if I understand what this chart is saying to me...
Below is a log plot of the 1929 crash, the population chart I have above, shows the part represented below by the upward blue arrow to the top. A reasonable fraction of the time going up is taken to bring it back down to whatever level becomes the 'bottom'. This is the downward blue arrow pictured in the chart below. This concept applied to the population chart above could easily give a 'bottom' after a couple of thousand years, give or take...
WARNING: THE BULLION BANKS ARE LOSING CONTROL OF SILVER & GOLD!!!
Monday, September 27, 2010
What are the PTB trying to pull with these headlines?
UN ‘to appoint space ambassador to greet alien visitors’
Former Air Force Officers: UFOs Tampered With Nuclear Missiles
Can’t figure out what the powers that be are trying to pull with this stuff, except maybe fake an alien landing down the road apiece to destroy or discredit most of Earth’s religions to make people more docile.
No Alien in it’s right mind would come here, even if it were technically possible.
Because the Earth is a ghetto.
Sunday, September 26, 2010
The Collapse Of Western Morality By Paul Craig Roberts
The Collapse Of Western Morality
We have what appears to be a new thrill: American soldiers using the cover of war to murder civilians. Recently American troops were arrested for murdering Afghan civilians for fun and collecting trophies such as fingers and skulls.
This revelation came on the heels of Pfc. Bradley Manning’s alleged leak of a US Army video of US soldiers in helicopters and their controllers thousands of miles away having fun with joy sticks murdering members of the press and Afghan civilians. Manning is cursed with a moral conscience that has been discarded by his government and his military, and Manning has been arrested for obeying the law and reporting a war crime to the American people.
US Rep. Mike Rogers, a Republican, of course, from Michigan, who is on the House Subcommittee on Terrorism, has called for Manning’s execution. According to US Rep. Rogers it is an act of treason to report an American war crime.
In other words, to obey the law constitutes "treason to America."
US Rep. Rogers said that America’s wars are being undermined by "a culture of disclosure" and that this "serious and growing problem" could only be stopped by the execution of Manning.
The US government, a font of imperial hubris, does not believe that any act it commits, no matter how vile, can possibly be a war crime.
If the crimes were limited to war and the theft of lands, perhaps we could say it is a case of jingoism sidetracking traditional morality, otherwise still in effect.
Alas, the collapse of morality is too widespread. Some sports teams now have a win-at-all-cost attitude that involves plans to injure the star players of the opposing teams. To avoid all these controversies, let’s go to Formula One racing where 200 mph speeds are routine.
Prior to 1988, 22 years ago, track deaths were due to driver error, car failure, and poorly designed tracks compromised with safety hazards. World Champion Jackie Stewart did much to improve the safety of tracks, both for drivers and spectators.
But in 1988 everything changed. Top driver Ayrton Senna nudged another top driver Alain Prost toward a pit wall at 190 mph. According to AutoWeek (August 30, 2010), nothing like this had been seen before."Officials did not punish Senna’s move that day in Portugal, and so a significant shift in racing began." What the great racing driver Stirling Moss called "dirty driving" became the norm.
Nigel Roebuck in AutoWeek reports that in 1996 World Champion Damon Hill said that Senna’s win-at-all-cost tactic "was responsible for fundamental change in the ethics of the sport." Drivers began using "terrorist tactics on the track." Damon Hill said that "the views that I’d gleaned from being around my dad [twice world champion Graham Hill] and people like him, I soon had to abandon," because you realized that no penalty was forthcoming against the guy who tried to kill you in order that he could win.
When asked about the ethics of modern Formula One racing, American World Champion Phil Hill said:"Doing that sort of stuff in my day was just unthinkable. For one thing, we believed certain tactics were unacceptable."
In today’s Western moral climate, driving another talented driver into the wall at 200 mph is just part of winning.
Michael Schumacher, born in January 1969, is a seven times World Champion, an unequaled record. On August 1 at the Hungarian Grand Prix, AutoWeek Reports that Schumacher tried to drive his former Ferrari teammate, Rubens Barrichello, into the wall at 200 mph speeds.
Confronted with his attempted act of murder, Schumacher said: "This is Formula One. Everyone knows I don’t give presents."
Neither does the US government, nor state and local governments, nor the UK government, nor the EU.
The deformation of the police, which many Americans, in their untutored existence as naive believers in"law and order," still think are "on their side," has taken on new dimensions with the police militarized to fight "terrorists" and "domestic extremists."
The police have been off the leash since the civilian police boards were nixed by the conservatives. Kids as young as 6 years old have been handcuffed and carted off to jail for school infractions that may or may not have occurred. So have moms with a car full of children (see, for example, this video.).
Anyone who Googles videos of US police gratuitous brutality will call up tens of thousands of examples, and this is after laws that make filming police brutality a felony. A year or two ago such a search would call up hundreds of thousands of videos.
In one of the most recent of the numerous daily acts of gratuitous police abuse of citizens, an 84-year-old man had his neck broken because he objected to a night time towing of his car. The goon cop body-slammed the 84-year old and broke his neck. The Orlando, Florida, police department says that the old man was a "threat" to the well-armed, much younger police goon, because the old man clenched his fist.
Americans will be the first people sent straight to Hell while thinking that they are the salt of the earth.
The Americans have even devised a title for themselves to rival that of the Israelis’ self-designation as"God’s Chosen People." The Americans call themselves "the indispensable people."Friday, September 24, 2010
Highs being retested..
I am watching this market carefully. Still have my short position.
Dialogue before the storm.
I had an experience today in a public place where there was a television set running. Being there by myself, as is my habit, I turned the set off, to gather my thoughts. I regard television as mostly noise.
A young girl about 20 entered the room, and looked up at the TV on the wall. She said “Why is the TV off, is it broken?”
I said, “Yes, and it has been that way for 25 years or more.”
She then said to me “What do you mean?”
She was intrigued and puzzled and disturbed by my remark.
I said “Bread and Circuses” It’s like Rome, keep the people entertained, and they won’t care as you slowly steal everything of value from them. She had heard that before, I could tell this by her response.
Then I paused and said, “It’s worse than that, really. They are stealing our money, and also feeding us genetically modified foods, that will slowly kill us.” I explained quickly the issues there.
Then I said, “When they slaughter cows, they run them back and forth through a wooden pathway, and the cows never can see straight ahead, as that’s where a man with a sledge, drops them as they come through the gate at the end of the wooden pathway. The idea is to keep them distracted, turn them left and right, they never see what their fate is ’till the very end.”
Then I pointed to the TV and said, “You see, that’s your wooden pathway.”
Quietly, very quietly, looking down, she said “I get it.”
I saw her later that day in that same public place, looking down and looking “quite bummed out.” But I knew I had managed to reach one young person, about the deep core of our media soaked, twisted culture.
But I can’t in my own mind tell myself whether what I did was right or not……….
Thursday, September 23, 2010
Straight talk to some Russian Bankers by Mike Maloney...
I got these links from the Financial Sense Site
A guy named Mike Maloney talking straight talk to a bunch of Russian Bankers.
Very good presentation, very clear, and he managed to disturb the Bankers..
Mike says he’s speaking in the ‘belly of the beast’. Russian Bankers are not much different then ours…
This is interesting, amusing and a bit dramatic. Probably why Puplava has it on his site…
http://www.youtube.com/watch?v=uzef43gdupk&feature=player_embedded#!
http://www.youtube.com/watch?v=0Wrrzsrb-wg&feature=related
Wednesday, September 22, 2010
Tuesday, September 21, 2010
Monday, September 20, 2010
$RUT at confluence of trendlines.
Sunday, September 19, 2010
Myth and Madness - NYT
Myth and Madness
http://www.nytimes.com/2010/09/19/opinion/19dowd.html
Christine O’Donnell is in a fantasy world. Literally.
“We’re rowdy, we’re passionate,” she told the enraptured crowd. “It reminds me of the C. S. Lewis Narnia books, where the little girl asks someone about Aslan the lion, who represents God, and she says with a little concern over such a fearsome lion, ‘Is he safe?’ And her friend says, ‘Safe? Who said anything about safe? Of course he isn’t safe. But he’s good.’ ”
She’s right that there’s an untamed beast rampaging through American politics. But this beast does not seem blessed; rather it has loosed a kind of ugliness and wildness in the land.
We the People in the Ruling Class Elites do think O’Donnell comes across as alarmingly loopy. But maybe she’s smart as a fox in doing a Single-White-Female, Fox anchor makeover to look more like her queen-maker, Sarah Palin.
She’s also smart to think of politics in terms of passion and myth — two elements Barack Obama was able to summon during his campaign that are sorely missing from his presidency.
She might have gone a broom too far, though, when she once told Bill Maher that she had “dabbled into witchcraft” and went on a date with a witch that included “a midnight picnic on a satanic altar.”
Obama’s bloodless rationality has helped spawn the right’s bloodletting of irrationality. His ivory tower approach to the nation’s fears and anxieties about the economy gave rise to a tower of angry babble. Tea Party is basically a big tent for anger.
The president’s struggle to connect and inspire passion is a dispiriting contrast to, as Yeats said, the worst, full of passionate intensity.
The first African-American president, who wrote in his memoir that he trained himself as a young man not to let his anger show in a suspicious white society, now faces anger on an unprecedented scale from a mostly white movement.
He seems weary of crisis management, conveying the attitude of the hero in “The Incredibles” who has to keep saving the world: “Sometimes I just want it to stay saved!”
The president seems put upon and impatient with reality while his foes seem happy to embrace fantasy.
Obama can connect with policy. He just can’t connect with the objects of policy. Empathy seems more like an abstract concept than something to practice.
He has never shaken off that slight patronizing attitude toward the working-class voters he is losing now, the ones he dubbed “bitter” during his campaign. There is no premium in trying to save people’s jobs and lift them up and give them health care if they feel that you can’t relate to them. That’s how Mayor Adrian Fenty lost his job, despite D.C.’s progress on schools and crime.
The insane have achieved political respectability while the sane act too good for it all. The irrational celebrate while the rational act bored and above-it-all.
When Rahm Emanuel leaves to go run for mayor in Chicago, all the blood will drain out of the White House. And Obama can go to Ben’s Chili Bowl for lunch every day and it won’t matter.
Friday, September 17, 2010
Thursday, September 16, 2010
The Ominous Silent Canary
Tuesday, September 14, 2010
More charts suggesting topping actions...
Upper charts show $SPX sticking it's nose above important trendlines, lower chart shows indicators showing weakness, divergence.