Generational Dynamics Forum - New Site

Easy calculation this month.

Bernanke counterfeited $85,000,000 this month and gave it to the banks, supposedly to "create jobs". 88,000 new jobs were created. If all of the jobs were created as a result of Bernanke's counterfeiting operation, the cost would be $1,000,000 per job, and the payback per job created would be over 30 years, which is longer than the 30 year "long bond" issued by the US government.

jcsok wrote:H - you are almost home free. I'm out on this break.

Guess I agree with that - shut my trading platform down a few minutes ago for the first time in weeks and tuned into the forum.

http://lukenotricks.blogspot.com/2010/0 ... event.html Early in the paper the authors speak about a 10 sigma event, or an event that we only expect to see once in 10,000 years.

For six months the Japanese jawboning has seen investors front-running the BoJ, selling JPY and buying whatever risk-asset is the most correlated that day - whether it is the Nikkei 225 or the S&P 500. However, now that words have been replaced by actions, it appears that someone (cough Japanese institutions cough) has decided the 13.4-sigma swing in JGBs last night is just too much and have rotated to US Treasuries. t
http://demonocracy.info/

aedens wrote:http://lukenotricks.blogspot.com/2010/0 ... event.html
Early in the paper the authors speak about a 10 sigma event, or an event that we only expect to see once in 10,000 years.

Either Mr. Viniar was very confused or his models were very confused. Or potentially both.

Viniar isn't confused. The author of the blog is confused. Does the author really think that when Goldman speaks of a 25 sigma event that their time scale is in years?

aedens wrote:However, now that words have been replaced by actions, it appears that someone (cough Japanese institutions cough) has decided the 13.4-sigma swing in JGBs last night is just too much and have rotated to US Treasuries.

Our fourth turning is on.

Cyprus was the first symptom of breakdown due to the Japanese problem. Much more to come.

Higgenbotham wrote:George Lindsay said “Low-Low-High Counts are usually accurate within a margin of one or two days. This is their point of superiority. Many seem to work to the exact day, or even hour.”

In early February there were a few talking about a Lindsay Low-Low-High Count to that time frame. There's also one from August 9, 2011 (Low) plus 206 trading days to June 4, 2012 (Low) plus 206 trading days to April 2, 2013 (High) that nobody has been discussing. On the evening of April 2, I e-mailed one of the people who had been discussing the February count; he said this count to April 2 is valid in his opinion. He didn't seem enthusiastic, which I suppose it how it goes when hopes are high and 2 months later the market is still going up.

That one is marked in black.

Higgenbotham wrote:Easy calculation this month.

Bernanke counterfeited $85,000,000 this month and gave it to the banks, supposedly to "create jobs". 88,000 new jobs were created. If all of the jobs were created as a result of Bernanke's counterfeiting operation, the cost would be $1,000,000 per job, and the payback per job created would be over 30 years, which is longer than the 30 year "long bond" issued by the US government.

Maybe I am confused, but regardless of what Bernanke is saying, the money is going into financing and re-financing mortgages at historically low mortgage rates, and supporting U.S. debt by buying it on the secondary market.

Any other impacts it has are of the trickle down effect.

The refinancing of non-government guaranteed mortgages with U.S. government guaranteed mortgages helps the balance sheets of banks and other financial institutions by replace toxic mortgages and toxic derivatives of toxic mortgages, with either excess reserves at the FED or mortgages guaranteed by the U.S. government ( and possibly more derivatives of those U.S. guaranteed mortgages ).

Any assistance to the job market is trickle down. The Housing market is what is getting goosed by that $85 Billion a month.

Someone I know put their house on the market at what they thought was a high initial price expecting it to be on the market for at least six months and it sold for asking price within two hours.

Higgenbotham wrote:If for some reason the stock market gaps down from that Thursday high and doesn't come back up to it next week, it would be my thought that Japan is destabilizing the world financial system, there are more problems to come, and the top is likely in on the stock market.

This is from last weekend. It didn't work out exactly that way, but I think the top is finally in on the stock market. The Lindsay count doesn't sway me that much but it's interesting. It's a wide variety of factors that seem to add up to a stock market high here. Starting next week, I'll still be holding 100% short but ignoring the short term noise. I haven't lost any money in my account for about 7 weeks but lost a lot before that.

Ronald Reagan brought presidential deception to a whole new level. Reagan provided adoring republican dullards all they needed to know about their "say one thing and do another" sort of president. It was Mr. Reagan who promised to get government off the backs of Americans and their entrepreneurs. He did understand the politics of business well and had regard to balance views in a dire context of way which is actually political capital but he understood his placeholder role in the pragmatic enabling to move forward and when he went off script later with the Salt talks which was a sincere olive branch to reality. Able Archer was the sting of reality but no matter when your duty was to last twenty seconds anyway so thanks for the memorys NATO. It was Reagan who said that government was not the solution to our problems, it was the problem. Reagan rarely researched the written material given him, but did practice his delivery. Was it Reagan, who joked about Democrats , "If it moves tax it. If it keeps moving regulate it. And, if it stops moving, subsidize it." He did the same thing to business if you had one then. The Great Communicator talked a good game, but did little to improve our lives and, he had eight years in which to do it. The Reagan promises to inaugurate a new era of liberty and free markets, were worse than empty promises, Reagan assaulted our liberty, our future prosperity, and free markets with unprecedented spending, increased taxes, more governmental regulations, bigger bureaucracies, and unwise trade policies. Reaganites never noticed Mr. Reagan's disseminations; they form their opinions from meaningless sound-bytes, rather than facts, that could cause them some painful self-inspection. Government spending, during Reagan's administration, was double "sound familiar today" that of the preceding Ford and Carter administrations. In fact, Reagan's budget requests were only marginally smaller than what the democratic spendthrifts in congress wanted. Reagan even asked for more foreign aid than Congress was willing to spend; but, he did push through congress a $8.4 billion increase to our enemies - the foreign, private International Monetary/Banking Cartel's International Monetary Fund, back when a billion dollars was still an astounding amount of money. Reagan tripled our Gross Federal Debt, from $900 billion to $2.7 trillion It took former presidents 31 years to triple our debt, but Reagan did it in a mere eight years. Inflation is a cowardly and hidden way to increase taxes on the American people, and Reagan did plenty of that. Reagan promised to cut personal income and business taxes, but the so-called Tax Equity and Fiscal Responsibility Act - the largest tax increase in American history up to that time - was enacted in 1982. Then Reagan proposed increased taxes on the trucking industry, which drove up prices of food and other commodities, all prior to his increase of $165 billion on Social Security taxes. We just changed that in our State to get the money back to what it was concieved to do from day one. Our highways costed basis was per capita ~five cents per mile to build in those chained dollars then and we resegregated the trucking taxed dollars today for repairs or the intitial plan to maintenences anyways you all forgot. Then in 1986 came Reagan's deceptive Tax Reform Act, (TRA) which shifted $120 billion from personal income taxes to taxes on small businesses, the fountainhead of what was once our middle-class affluence. The Reagan administration loudly promoted the lower tax rates of TRA, but said little about the increased taxes to our most valuable economic segment; nor was much made of how TRA repealed or reduced many tax deductions on all tax returns. The government that Reagan claimed he wanted to get off the backs of the American people never came to pass, and Mr. Reagan made sure of it by initiating what would later become the greatest world-wide economic crash in recorded history, with his de-regulation of banks. America is and was badly in need of government de-regulation of government, but not of the private banking cabal. Mr. Reagan de-regulated at exactly the worse place possible. It could even be said that Reagan is the "Father of the World's Greatest Depression."
It was, also, Reagan who appointed Alan Greenspan as chairman of the Federal Reserve System, who with Bill Clinton later, carried Reagan's banking de-regulation policies to the ultimate crime against humanity. And Reagan's trade policies? All protectionism, which drives up the price of imported consumer goods; but, that is all too factual to go further into. I will say Reagan's sounded better and were more convincing than Obama's empty promises; but then again, Reagan was a far better actor than Obama is. But politically there's subtle difference between what Obama is and what Ronald Reagan was. What was and is the great Reagan legacy again? Until our republican voters wake up and stop supporting democratic politicians, who call themselves republicans - and until democratic voters come back to the real world of reality, who call themselves democrats, our lives, in our once great country, will continue to deteriorate as it has and will continue to do so. Remember that the administration was in fact the most prosecuted in history. No one in the office is a free market saint or ever will be and if todays affairs are a indication going forward you will simply learn the hard way all over again as they both loot the tax base. Health care went bankrupt after the social diseases hit the shore of promiscuity of choice to sleep around. Wake Up since blue and red are the problem not the constitution they both are burning down. Lets the good times roll as it was said also in the day of Noah. I like one less than the other and equally ignore both as well as all should. if you idiots think three partys will never work why did the founders have three branches of government and why in fact you have one party today. They are no different since taxes are for parasites and I can spend it better for my family and local affairs as we struggle. No difference then or will there be now since the cartel is 100 years old who owns these relegated fools. Any man who thinks Cheney from the Ford administration era is a good man is simply distrurbed and for hire. Both are, and will be Neo Keynesians since they simply are macro parasites.

Even if you see the new construct today you will deny it even as you deny the math of them.
Eyes that never did see or quickly looked away as Timothy told us and ears that could not
understand the signs of the times just as I was then to facts.
http://www.zerohedge.com/news/2013-04-0 ... -tax-salvo
As for this effect of the article above I consider it as a full circle of statist irony from 1980 clawback a few taxpayers deserve
and more do not as we are today since back then more did work or went hungry. Lets face it they got cheese and even then some
complained about school lunches more than not. Today they cannot concieve a world with out it as now a opps pill for seventy bucks
about the new face of abortionary morality which I still adhere true and factual you pay for your screw ups since why should be yoked to morons
who steal our tax dollar for so called womens rights? That is garbage out gargage in logic to the affairs under the sun to the people which is never new.

Not a nice thing to see but as we noted as fact here the political kill switches in all it unholy glory we seen early
since truly they could care less about the affairs of political economy in the scales of time and avarice. I do not care about the attitude of
times change in the couse of human events. Anyway the money is already gone as always into conduits of avarice and the City for which it all centers of the shadow banking systems they ignore anyway. These affairs just as when the lock ups happened are no damn accidents so grow up. Shall we print the open letter who knew and left first? No find it yourself its already out there.

"A local subsidiary of the New York-listed company Genie Energy — which is advised by former vice president Dick Cheney and whose shareholders include Jacob Rothschild and Rupert Murdoch — will now have exclusive rights to a 153-square mile radius in the southern part of the Golan Heights."