Financial topics

[aeden]

https://www.youtube.com/watch?v=WPCMPaLykhQ
straight up

[aeden]

Last Friday, 92.2 percent of S&P 500 stocks were above their 50-day.

selling into the maelstrom h
2800 appears to be the sled dog views
not convinced
consider 22nd a inflection point for the snowshoe technicals
one by one only to they regain their sanity
the toxin of the narrative is so deep on some it matters as nothing
as before we trade ours, not theirs

jan 22 net short in vix up 129.6 percent

we are not snow blind

as for the other query lbj tapped ss for vietnam and the looting never stopped

In the 1970s the school lunch program which had been in existence for almost 25 years still reached less than half of all U.S. children
and an even smaller of children from poor families.

You may of been alive then. Given the attack of our generation who survived the so called educated nothing has been learned
since operation 936 and sticky wages.

[aeden]

https://www.legalmatch.com/law-library/ ... sment.html

https://4.bp.blogspot.com/-5JVdWwjf990/ ... OSCARS.png

https://zh-prod-1cc738ca-7d3b-4a72-b792 ... k=GzuW6VDu

[Higgenbotham]

Today may be a test of this idea. If the idea below is correct, the bubble is leaking a lot faster than most anticipated. If so, can the Fed pivot fast enough to satisfy the market? Today may tell the tale.

The distinction in my mind is one of speed and scale. By speed, I mean the speed of response to any systemic crisis to feed liquidity in and continue to grow the bubble. By scale, I mean the fact that speed of response allows a bubble to grow larger. A fiat money system allows for greater speed and scale, meaning the Central Bank can extend the bubble longer and grow the bubble larger than can be done on a gold standard. There are a number of factors besides whether the money base is gold or fiat that are greater determining factors. The most important in my mind is the leverage employed. The leverage employed by hedge funds, for example, was more than 100 to 1 in some instances. Banks employ leverage of about 10 to 1; therefore, it can be seen that the introduction of hedge funds and the failure to regulate them was a bigger contributor to the bubble than whether the base money was gold or fiat.

A relevant note on this--a headline from yesterday said something to the effect that Geithner is saying speed of response is critical at this juncture. There are limits and the bigger the bubble gets, the faster it leaks when it does start leaking, and the faster the authorities have to move to grow it bigger until finally there comes a time when they cannot move fast enough.

[Higgenbotham]

There's a certain personality type that one sees every day these days:
A person who believes he's the smartest one in the room, in every
room, and who therefore makes bad decisions, but then doubles down on
the bad decisions, because he can't admit to any mistake, sometimes
resulting in disaster. Obama is in that category, but so are a lot of
other people.

The woman who let you record did so because she was the smartest one
in the room, and knew that she could outsmart you even if you recorded
her conversations. As you say, she was too stupid to know how stupid
she was.

These are the people I am calling "The 97th Percentile". They run all of our institutions including the Fed. A person who is in the 97th percentile would typically be the smartest person in a room of 30 people. So they think they're pretty smart, but they're really not.

[Higgenbotham]

I was listening to a father talk about his 2 daughters. One was 99th percentile or higher. He was berating her, saying she has "no common sense." His other daughter was 97th percentile. He was praising her, saying she is "smart enough to be successful anywhere." I think without knowing the full ramifications of what he was saying, he was entirely correct.

[aeden]

https://wirepoints.org/illinois-state-p ... al-report/
click click boom

[Higgenbotham]

Now let's talk about what the "smartest people in the room", the 97th percentile, know about the stock market. They know the Fed can print money and raise asset prices. They know the Fed can even talk about printing money and raise asset prices. They understand how that works. "Common sense" would therefore tell them that the Fed minutes being released today can raise asset prices even further with more talk of printing money, or similar. But do they really understand all that there is to understand?

[Higgenbotham]

Then there's the other problem -- what's the point? I ask myself that
question every day. Only 30-40 people thought my book was valuable
enough to spend a few dollars to buy it. I've posted over 3,000
articles on Breitbart since 2010, but they've made it clear that they
don't consider it worth paying for. It's nice that you admire me, and
I appreciate it, but the bottom line is that if what I'm doing were
worth anything, then somebody somewhere would be willing to fund it on
a regular basis, either by direct funding, or by paying me a salary as
a journalist, analyst or Senior Software Engineer. But nobody is. So
everything I do is worthless. This is the Cassandra curse. And if
everything I do is worthless, then I'm worthless. That's the way I
feel. So what's the point?

How much was Cassandra worth as a human being? She was ridiculed when
she predicted the fall of Troy. After her predictions came true, she
was assaulted and raped. Then she became the slave and mistress of
the Greek king Agamemnon. She warned Agamemnon that if they return to
Greece then his wife, Clytemnestra, will kill them both. Agamemnon
did not believe her and they returned to Greece, where Clytemnestra
killed them both.

So Cassandra was ALSO a completely worthless human being, who
accomplished nothing that anyone valued.

I have a particularly harsh view of life (or at least my life) that if
something has no monetary value then it's worthless, and therefore the
stuff that I've done -- the book, the articles, the software
engineering -- is all completely worthless, and therefore I'm a
completely worthless human being. It's nice being told that I'm
benefiting mankind, or other kumbaya nonsense, but if it doesn't
translate into money, then it's worthless.

OK, let me start at some generic beginning and then work toward the specifics. A generic beginning could/would start with what industries "translate into money" by having sufficient payback from advertising to advertise all evening on cable TV to the masses. And what I see are a few categories popping up repeatedly: junk food (most notably), pharmaceuticals (presumably profitable due to all the junk food Americans consume), insurance, and ambulance chasing law firms. Maybe I missed a couple categories (Jenny Craig and Weight Watchers now comes to mind) but you get the idea.

So by your logic above, since these types of "industries" currently translate into money, they are not worthless. In the strict accounting sense, this would be true.

It would also be true that people don't value being warned about any of this stuff. Warning people about junk food does nothing to curb behavior. In fact, most people I know who have somehow convinced themselves they eat a good diet in fact eat a lot of processed food.

If someone were to advertise something that is very valuable, such as vegetables that are grown in a way to increase their phytochemical content, even though that would in fact be worth a lot, it would not sell to the masses. Nobody could afford to advertise such a thing and get any payback from it.

What I really hear you saying in so many words (my unique interpretation) is that if you are not operating at the 97th percentile, you are worthless. Instead of trying to appeal to their intellect, it might be more profitable to take advantage of their stupidity.

[aeden]

Stupidity is a political business model.

"This is no different than what we were dealing with during the Obama Administration. This is happening in the Rio Grande Valley Sector, the Del Rio Sector, the El Paso Sector, the Tucson Sector, the Yuma Sector, and the San Diego Sector. It’s almost across the entire Southwest border that we are being overwhelmed by migrant families."
"We are basically facilitating Mexican cartels’ migrant smuggling operations into the interior of America. We are babysitting and not securing our border. The flow shows no signs of abating and it keeps increasing." tyler

Rome was destroyed by imported mosquitoes from North African grain imports which annihilated the working class.

Deforestation and habitat destruction
Soil problems (erosion, salinization, and soil fertility losses)
Water management problems
Overhunting
Overfishing
Effects of introduced species on native species
Overpopulation
Increased per-capita impact of people jd

The political weaponization of immigration is still very poorly understood.

It cost me over 50,000 cash when the liberal fools let out a gang madman who was
contracted to murder women and children.
We simple got in the way being affiliated with law and order.
If I ever see Him the obvious will happen.
Americans are truly brainwashed idiots.