Generational Dynamics Forum - New Site

grow up. I had two friends who worked in the airline industry. One worked for Eastern and then PanAm and lost his pension when they went bust. After all those years, gone. He commited suicide a few years ago. Another friend worked for Comair which got bought by Delta which then closed them down. He worked for them as a pilot for 17 years, only to have his pension also disappear. Notice a pattern? The robber barons are alive and well today, and us regular people just keep getting stepped on and people like you do not have enough smarts to realize that you are next. I am in the healthcare field and see the same thing on the horizon- parasitic suits coming in and looting what we built and then moving on to the next host. When 45% of my income goes to pay taxes to support everyone else, it's awfully hard to save loads for retirement. You will see that when you graduate from Burger King next year.

Social Security feeds the fat old lazy bastards who only paid into it for 40 fucking years. They are the 47% who feel entitled to their handouts of just over $1,300 a month. Kick them off it and give the money in tax cuts to the job creators. Any old person who didn't get rich in their working life should go die somewhere. This message brought to you by a real job creator Mitt Romney.

Our district had 50 k stripped from the budjet in less than 2 years. Guess who paid for Detroit as services leave our area.
To transfer (an entry) to the next column, page, or book, or to another account. carry off. We get it....

BTW, I saw the bill from my doctor for "oncology services", which consisted of the nurse taking my vital signs, then a short consult with the doctor - $1,106.94.

Your turn Washington tell us how you can help us. A person conveyed he got to keep his job since the glass is half full. To keep your job the correct answer
is not that it is half full or empty since we already know the answer was yes and we know were the other half went.
https://www.youtube.com/watch?v=dgQHZjAafo4

To have any idea of what the future holds, we have to see what comes from these meetings, and without the fevered rhetoric that comes from the media.

Obama has apparently fired his opening shot asking for 116 billion in estimated tax increases, however, that's averaged yearly over ten years, and that is pouring on a few assumptions about where the economy will be in ten years. Just at a guess, it would be 80 billion or thereabouts in the first year, haven't had time to look up figures yet. In terms of our GDP, that's pretty piddling, and in the face of our deficit, it's about 7% of that deficit. I believe the big deficit reduction will come from cutting back unemployment. That's a huge expense now, more than 400 billion per year. Stopping the extensions would save 50 billion, cutting payments would shave another hunk. OFC, that in itself will kill some jobs, it's back to that Greek conundrum I mentioned the other day, you cut and then you miss the target because govt spending is propping up everything.

http://blogs.wsj.com/economics/2011/11/ ... -cloudier/

It seems highly doubtful to me that the payroll tax cut will be extended. Could happen, but I doubt it. It'll be one of those "didn't fight hard enough" items. And worthy of note, everyone pays that tax. There are no exceptions or anyone exempt. If you have reported wages, that tax is always taken out. This is a fact, and the politicians who claim "47% don't pay taxes" annoy the absolute crap out of me. (Hah- pop quiz, who started the unearned income tax, why was it started and why is it continued?) In any event, that's 100 billion or a bit more, so that's 10% of the deficit.

All in all, right now there seems to be about 20% of the deficit on the table.

It is worth nothing that this year seems to have hit the line about 1.1 trillion in deficit. This actually continues a yearly shrinkage in deficits of about 100 billion per year, or a trillion over ten years, as the pols like to put it. So all cuts and increases now considered might roll that downwards to 800 billion next year, with a bit of luck. Still too much, IMHO. The national insurance pools will start up shortly, which is going to have interesting and somewhat unpredictable results. I suspect a number of both positives and negatives from it, and am utterly uncertain if it'll be a net positive or negative in terms of either economy or the budget. The people who designed it certainly intended it to cut govt spending, but I flat don't know. I'm not in possession of these perfect crystal balls that seem to be standard issue for economists and news media.

Something I've wondered about, suppose you wanted to pump a ton of money into financials, and then get it out again quickly. Well, you could arrange for it to go into the market due to low bond prices, then carefully drop the market while those paper profits have nowhere to go, and watch as leverage takes care of the excess cash problem. Ahem. Suddenly the US is a couple hundred billion poorer, then you do it all over again. Pump and dump in reverse, forcing the loss of money that wasn't really there. Just a random thought.

Considering how ugly things have gotten, there's a chance we may not have a deal at all and plunge back into recession. If by some chance they do, it'll be something minor, like pushing this back another 6 months and fight it all over again then.

One of the may, or may not go up or down markets cycles. Volatility traders are in paradise I guess. Not moving one iota of alpha positions, bonds, or notes.
As you noted - Short term I think the down side energy of the market has exhausted itself these past 2 months. -

I feel this is running on FUD and will wait it out. Tyler has a recap on the Twinkie syndrome and aggregate policy effects are over running economic reality. Debasement cannot plaster over value added deflationary forces. The wasting process we note to include facets for lack of a better term is gaining traction. After the second dip last time what and who survived as in equity of the Elders. I can move two classes if needed to defend positions without endogenous forces against me on my funds since a balance sheet recession was the big short to alignments in the first place to net working capital we noted point blank early in the forums. Also we noted here rope burn so we will just have to wait and see who has the stones to see who was paying attention. I can wait and we noted the three implosions rings to account as did Mises to firms. If I hear they will fix the long term problems you are going to die since capital has rules. Just who in the Hell makes it happen would kinda be a due diligence about now for the long stretch. If you never prepared for a marathon short term policy and rhetoric investments are dead meat. The time is what have you done and that warning was posted on cluster groups which actually are your civilization.

Side note: http://en.wikipedia.org/wiki/National_C ... and_Reform

http://www.bloomberg.com/news/2012-11-1 ... obama.html

http://www.atr.org/taxpayer-protection-pledge

I do not think they would know a conservative if it chewed the very ass off them. I forwarded Mr. Reagan rates and the children of Imperialism later some conveyed the lack of ability to do math.
It was never about the Subjects was it?

1981 - "If we can control spending and shave a few points off the inflation rate, we can do more good for the poor, the elderly, and the finances of State and local government than any package of Federal programs ever could." - President Reagan, March 9, 1981

Reagan was ambushed by the Senate on spending and very upset with them. The State department was stunned how inept he was on foreign policy as was commented. I think he was a good guy who was a democrat and followed principals he knew very well since he understood how business functioned. As noted for the worshipers that Reagan did not know about Arms weapon in his office is crap from the head squeezed out as toothpaste. As for the math worshipers we posted the numbers. Two sides of the same coin so when taxes go up prices go up and the wasting process on consumers intensity's. Let the deficients chime in since the peg and the Smithsonian accord from 1973? For us Carter gave small business loans and we installed CNC robotics and the next administration watched us get chopped up as our technology was looted and my pension stolen. Since NAFTA merging both has done what to the worker good and bad and we know who from Georgetown trained Clinton and how and why. Funny how Subjects are treated piggy banks to shake out, no? Creative destruction my ass. Technology changes, yes I have seen, worked and invested from lessons on many lesson on lessons from people who do care.

The $ health pools are the raise to the DC thugs so the States can monitor and since I feel as you do checks and balances are needed. In Business who watches the watchers is always fun and costly. I will not castigate either party on insane 100.00 dollar rhetoric on asprins at facility's. I listed some numbers and the per capita numbers got very ugly even before aids wiped us out anyway on costs called reality. As a subject to the so called wisdom of the day you are dead in your tracks since if you depend on them you already are. I see entitled who are called subjects and are getting what they deserve. For those who feel we got out of recession thats not just going to happen for some time. Read what Anna told us on Her work.

To be blunt we are discussing value added energy and services after dinner in a few weeks to months ahead. Like my money for now I could care less until spring as we are with what dialog on the Hills have eyes crowd called leaders? I support the office and the letter and first the book. I will ask on a few
warrants that the principal was sitting on to keep them honest. Maybe they got excerized I forget at the moment. And other issues you will never see.
Checking the boxes and files.
1. Glibness/superficial charm
2. Grandiose sense of self-worth
3. Need for stimulation/proneness to boredom
4. Pathological lying
5. Conning/manipulative
6. Lack of remorse or guilt
7. Shallow affect
8. Callous/lack of empathy
9. Parasitic lifestyle
10. Poor behavioral controls
11. Promiscuous sexual behavior
12. Early behavioral problems
13. Lack of realistic long-term goals
14. Impulsivity
15. Irresponsibility
16. Failure to accept responsibility for own actions
17. Many short-term marital relationships
18. Juvenile delinquency
19. Revocation of conditional release
20. Criminal versatility

Catholic thoughts as a child. By that time, war and revolution will have already caused a high deathtoll, and Communism will be victorious, but all this will be as nothing compared with the deathtoll caused by the Three Days. Long the Holy Candle.
http://duckduckgo.com/?q=ozzy+osborn+fire+in+the+sky

"As you noted - Short term I think the down side energy of the market has exhausted itself these past 2 months."

Got out of my bond shorts when the bonds didn't break to new lows for the week on the afternoon stock market rally. Will perhaps try again in a few weeks. Still long 20% equity and will probably go back to 50% short if there is a multi day rally.

We had a discussion on many facets. A honest man cannot be cheated but can be taxed by them, so I will leave that alone for now.
We are not going to reshape reality so do what is known best. As you noted H on Mr. Browne that the rules of safe investing are little different from the rules of life. Look for local land bubbles upcoming soon we feel. We noted a trend again a few got to big to fast and will be targeted to calls just as before we seen. As FDR noted no accidents but political actions, so we will see. Light switch operations are still the focus going forward so nothing new there. Local Townships bleeding cash to the State as we already noted but properly organized services have been done so the newly elected ploy I will do more for you is simply not going to be. As we noted Blight funding defeated to circumvent property rights. Example is noted that a barn window was busted out so the sheriff almost got 14k more funding to drive up and check sheds, house, barns to circumvent property rights. Money was flatly denied for blight complaints funding ploys. Pay attention locality's. Unsighned complaints got the attention they deserved and asked to sign your name to complaints as such. Best complaint of the year was the sprinklers was out for two weeks so we demand a blight order on them. The 9 to 5 crowd noted was the worst offenders from so called Professional Workers. Quote " A worker told the press we had at least one per day and this was simply untrue since the signed complaints was three that year which was true." As noted we are not going forward so as we say in the real world we are going the other direction. Much commetary on case studies to energy kill switch actions from .gov and decided opportunity costs will decide inertias of viabilities. We will focus on segments that focus as we noted that are freindly contracts in emerging stable constructs. The front Office as we note has difficulty's with others who expect us to care for those who wish not to step forward.
A guy was unemployed and stressed to the point he recieves social security insurance payments. We find that misfortune is everywhere but we think another may be more deserving if he found that person and gave them that money if they had the proper upbringing.
http://bloom.bg/QM7xkz
http://ukip.org/content/latest-news/286 ... ash-herman

Why are democratic countries so pathetic when it comes to managing their money sustainably.
http://www.spiegel.de/international/
the sum of all debt has grown at twice the rate of economic output since 1985, and it is now three times the size of the gross world product

Debt Limits Have Never Worked - Because these trillions are not reaching the real economy - The market" is not some group of experts, nor is it the last resort of collective reason - Democrats and Republicans over which party can blame the other one for a national bankruptcy - how can they even govern anymore in this prison of debt - between those who are buying time with central bank money and believe that they can continue as before -

Civilization cannot be put back into order by seizing political power or by attacking it, but by moving away from it, by diverting our focus from marbled temples and legislative halls to the conduct of our daily lives. And so, we are not to live as those who have no hope.

If you depend on government to save you the mind and body are soon to be departed. When those who wanted to be independant they said no.
Now you get what you serve.

OccupySandy volunteers feeding FEMA workers in New York, via @TshirtToby
I find it innocent enough at first blush. I would recommend cut all the senate pay since the glass is half full so they should be ok to lead by
sacrifice for the people who actually do things so we can save for the collapse they caused.
http://rationalwiki.org/wiki/Main_Page more fun for the freedom runners

The TAG program was put into place by the FDIC to up regular deposit insurance from $100,000 to $250,000 and unlimited insurance for all non-interest bearing transaction accounts. It is the second part that's most important as it comes to an end.

When the unlimited insurance expires the cash of corporations, businesses and depositors, which totals more than $1.4 trillion, becomes uninsured. This could create some serious negative repercussions for small to medium size financial institutions which could be impacted by deposits fleeing into the safety of short-term U.S. Treasuries.
There are two negative consequences for the economy and the financial markets. The first is that many small and medium size financial institutions could face solvency issues leading to another, yet much smaller, financial crisis in the U.S. Secondly, the too-big-to-fail (TBTF) banks which are primarily responsible for the last credit crisis are likely to become too-BIGGER-to-fail. As the unlimited insurance on their deposits expires businesses will move money elsewhere, and since the Government has already proven that they will not allow the biggest banks to fail, they are the most likely recipients of fund flows.
The problem, for the financial system and the economy, is that as TBTF banks continue to swell the risk of another financial catastrophe increases. As the guarantees vanish depositers will likely move money to money market funds which requires fund managers to invest that capital for a return. With an ever increasing cash balance the options for investment becomes more restricted and requires excessive risk taking. History, as a guide, tells us that the TBTF banks are not good risk managers, aka JP Morgan's London Whale, and the next time a financial crisis occurs - a bailout may simply not be an option.
For individuals this also means that borrowing and transaction costs will continue to escalate. This cost, like higher taxes, reduces the savings available for consumption and investment leading to reduced aggregate end demand and lower economic growth. Tit for Tat and Tag and funny how moral hazzard never appears main stream any more as we and others noted expanding the debt from statist thuggerys. We are drowning in idiots before our very own eyes. The future will entail again the teachable moments we forwarded on size does not mean advantage in the natural economics seen to balance. As our state authority noted when they get it, its gone forever. Our district was balanced and they just take more and more and more until failure to protect yourselfs. Push them to the last penny since the subjects are fools and the rope they weave is one thread at a time to hang them very selves. Tomorrow will be sunny as they plan your next thought and cough at your next exam. As he said first, then all at once for many it appears.

The economy that's been locked into place with "business as usual" and "inflation targeting" is no longer the economy we can afford. That shows up in the fact that banks cannot find business projects to lend on, nor does the overall debt to GDP shrink due to pay downs. Companies like Google and Apple cannot find projects to use their tens of billions of cash that earns zero percent to earn a return on that money. Apple formed Braeburn in Reno, Nevada in 2006 to manage the excess cash. Obama and Bernake have locked a cost structure into place that is too high to earn a return on investment and they insist this will cure the economy. It won't while cash and labor remains idle and government pisses more money down money losing ratholes - big banks and big industrial conglomerates that don't know how to be profitable without bailouts and subsidies. I would wonder whether the total debt burden of the economy that the St Louis Fed calculates includes what is on the Fed's balance sheet.
http://en.wikipedia.org/wiki/Braeburn_Capital
http://research.stlouisfed.org/fred2/series/TCMDO