Generational Dynamics Forum - New Site

Puerto Rico - Low Income Taxpayer Clinics (LITCs) The blueprint.
Welcome to what we seen when we watched countless who lost half benifits and one third wages as they blindly subsidized the blue prints.
When we fought to eliminate taxpayer subsidized plant removals you called us crazy and union marxists.
Welcome to your voter elected redbones.

On 12 March 1977, Rutilio Grande, a progressive Jesuit priest and personal friend of Romero who had been creating self-reliance groups among the poor campesinos, was assassinated. His death had a profound impact on Romero, who later stated, "When I looked at Rutilio lying there dead I thought, 'If they have killed him for doing what he did, then I too have to walk the same path'".

I am not a marxist or was Romero, people must decide the means of production and property rights from the works of there hands and votes.
Wake up. Know the difference between liberation theology termed village idiots and rampant secular cheerful idiots today.

Romero was shot on 24 March 1980 while celebrating Mass at a small chapel located in a hospital called "La Divina Providencia", one day after a sermon in which he had called on Salvadoran soldiers, as Christians, to obey God's higher order and to stop carrying out the government's repression and violations of basic human rights. According to an audio-recording of the Mass, he was shot while elevating the chalice at the end of the Eucharistic rite.

We will make bread for private sale so they can get to work to break the grip of the welfare industry.

http://gdxforum.com/forum/search.php?keywords=bread Give us this day our daily bread. And forgive us our debts, as we forgive our debtors. And lead us not into temptation, but deliver us from evil

Art Cashin video: S&P in 'very critical area'

Published: Tuesday, 20 Aug 2013 | 1:19 PM ET

By: Bob Pisani | CNBC "On-Air Stocks" Editor

90 Seconds with Art Cashin: Investors flock to safety

Tuesday, 20 Aug 2013 | 11:40 AM ET

CNBC's Bob Pisani and Art Cashin, of UBS, discuss the market's "tepid"
rebound, as investors clearly move into Treasurys.

Art Cashin says he can't figure out why the stock market's rebound
Tuesday is so "tepid."

Cashin, UBS' director of floor operations at the NYSE, told CNBC's Bob
Pisani at midday that bond yields are down and "we're very, very
heavily oversold by a lot of metrics in the market" but stocks aren't
responding with strong gains. "You really think this thing should
break out."

The benchmark S&P 500 stock index is in a "very critical" level, he
said. "The area around 1,655 to 1,657 is the top of a little down
channel. If they can break out of there, maybe they can get a little
credibility."

For now, "save the party hats," Cashin said. "We're not ready for them
quite yet."

http://www.cnbc.com/id/100975614

Creditors Dump Record Amount of Treasuries

We've been regularly warning you that interest rates are headed higher and bond prices lower.

Ben Bernanke started the bond sell-off in May when he introduced "tapering" to the Wall Street vocabulary and warned that the Fed could start reducing its $85 billion of monthly bond purchases at one of its "next few meetings."

One group of investors who paid great heed to that warning was foreign investors.

In June, foreign investors dumped $5.2 billion of Fannie Mae, Freddie Mac, and Ginnie Mae bonds, $5 billion in corporate bonds, and $40.8 billion in US Treasury bonds-all part of the $66.9 billion in sales of other long-term US securities.

[Reuters graphic: Update 3-China, Japan lead record outflow from Treasures in June]

That is the biggest monthly dumping of Treasuries by foreign creditors since 1977!

So which of our country's creditors are doing the most selling? None other than our two biggest creditors, China and Japan.

China and Japan sold a combined $40 billion of US debt last month, but that's a drop in the bucket. China and Japan hold $1.27 trillion and $1.08 trillion of US debt respectively, and more selling will lead to even more bond losses.

If you're an income investor, you need to adjust to the "new normal" of rising interest rates.
Best wishes,

Mauldin Economics

http://www.advisorperspectives.com/dsho ... arkets.php

Agree headwinds from the smart money is leaking out on dislocations and distortion warnings now as we noted - Fibonacci's RabBit problem.
I went from the juniors discussion to buy sh and will hedge from there on short - vix.
The indications are 3 to 3.5 on ten year on the consensus view on 10 yr discussion earlier.
The hook up stems from the ratio of FED flows to EU zones and here as linked on those
chasing basis points. For me I am DCA on notes for the off set pain trade for risk.
I think vin is correct, but will stick to the spring window as we noted before.
It hinges on others chasing basis points and that usually ends badly since they
are moving to accomodate a basis cut for political capital when they need it IMO.
A post was up on default rates in the EU zones. Unreal how broken it is.
http://www.fpp.co.uk/books/Goebbels/Goebbels.pdf ty 7

The White House dismisses these examples as “anecdotal.” The president’s top economic advisor [CEA Chair Jason Furman] told us “he sees no systematic evidence the health care law is having an adverse impact on the number of hours employees are working.”

credit anticipates and equity confirms - aim is to take half profits on Dow shorts within that period. I have no price target,
just that time target. I expect equities will rise again to complete a multi-month topping process so don’t think this is the
time to load up short. One more up-move, I suggest. hampson
Fits the 26th slot as we will note in due time anyway, I will hold as I am for now since you can only cross the river once.

surfs up redbones http://www.sandmonkey.org/2013/08/

Even private Iran warned them, I find this interesting since no else can in our press... anyways, "The bitter experience of our nation is now in front of you as an open book. Do not take the path, already taken. In your draft of the new constitution, you have placed the grand sheikh of Al-Adhar and his clerical staff in a http://www.sandmonkey.org/2013/01/02/ha ... -infidels/
position similar to that which the Iranian constitution placed the jurisprudents (Fugha’ha) of the “Guardian Council” who are selected by the supreme
leader. This provision that has established a material link between the institution of religion and the institution of the state has yielded disastrous results for Iran.

http://epp.eurostat.ec.europa.eu/cache/ ... -BP-EN.PDF f

Also for that idiot yesterday who on the five noted we export this stuff now you are a retard.
http://www.eia.gov/dnav/pet/hist/LeafHa ... TIMUS1&f=M

open Nikkei -11.5% from its 7/18 dead-cat-bounce highs -

thats got to hurt http://www.zerohedge.com/node/477812
kinda like http://magicvalley.com/news/local/wolve ... 963f4.html 2 wolves talking about lunch
pm slams like peanut butter and jelly was so last friday.
anyway reality asserts http://peakoilbarrel.com/bakken-update-2/ f
http://seekingalpha.com/article/1556072 ... transcript
https://www.dmr.nd.gov/oilgas/stats/his ... lstats.pdf
meanwhile http://gulfnews.com/business/oil-gas/ar ... a-1.537285
maybe sooner than later http://gulfnews.com/business/oil-gas/ch ... -1.1222407

falk notes: Alas, many frameworks are largely untrue, leading to inconsistencies and explanations that are transparently tendentious. The sign of a bad Weltanschauung is that explanations for reality become more and more convoluted, like epicycles in Ptolemaic astronomy. I'll gladly enjoy the hypocrisy of those who don't share my worldview because, as the Detroit bankruptcy has reminded us (eg, its bankruptcy blamed on too much or too little gov't), people might admit tactical errors, but they'll go to their grave with their worldview.

Only three options anyway

vincecate wrote:With interest rates going up again today, I decided to buy more S&P puts. Usually I think I have no real clue when the market will crash and so buy them a year out. Today I just got more like the ones I had previously bought for December. They were a lot cheaper than when I bought like 6 months ago. With interest rates going up this fast, I don't think there is even 2 months till a crash. But time will tell.

Soros Fund Management’s vast reload of a put order for SPY units, now tallied at a staggering 1,248,643 units in the quarter. Recall that Soros’ hot hand, with renewed positions in Apple, coupled with sell offs in gold, the AUD and Netflix (NFLX), which all netted billions. As such, with nearly $1.25 billion now tied up in his latest move, observers should likely take notice.
Indeed, Soros’ fund increased its share in the SPY position from 1.28% to 4.79% in the first quarter alone, nearly tripling its overall weight – as if this was not enough, the second quarter witnessed an allocation to 13.54% in Q2.
Deciphering the moves of this fund are extremely convoluted, given that the quarter over quarter view does not identify specifically when the put orders were made. Still, thee last time SPY puts topped the Soros Fund was in the 30th June 2011 filing, which witnessed the S&P 500 losing more than 15% over a 6-7 week interval. Perhaps more worrying, the position in 2011 was less than half the size of the current one which certainly will lead to many sleepless nights for S&P bulls with long positions.

I live in Jacksonville, mortgage capital of the South.
EverBank just laid off 25% for the "commissioned only" sales force ( dumbasses).
Chase, Wells, Citi and BOA have had big layoffs and hiring freezes.
We are talking a shit load of good jobs here. surf's up

http://gdxforum.com/forum/viewtopic.php ... =tis#p7761 looking at vin with a wry smile and that damn tropical drink
with a umbrella.
http://gdxforum.com/forum/viewtopic.php ... 3100#p7728 Round up the usual suspects, yes that was good movie.....
the cynical but romantic police chief Renault

September 15th, 2008 Lehman and 13,800 pages to the 848 pages to write the law itself Dodd Frank. No we see no problem
as taxpayers do we now.

As OLD told us to consider "Right now, everyone is holding fast to "the way things were supposed to be".
When the crisis hits, it'll all be working on "the way things HAVE to be", and there will be vast changes.
And nobody knows what those changes will be."

Moral hazard are sheep dogs, as sheep in a wolves diet. http://magicvalley.com/news/local/wolve ... 963f4.html

aedens wrote: Soros Fund Management’s vast reload of a put order for SPY units, now tallied at a staggering 1,248,643 units in the quarter.

Hussman and Mish and others I respect all think the market is dangerously high.

My basic view is that in the short term the central bank can print money and drive up bond prices by buying bonds but in the long term all the new money this must lead to higher inflation and lower bond prices. I still think this is true but I am amazed how long they have been able to keep printing without getting the inflation and interest rate rise. I think this time the central bank will lose control but as your link points out, I have thought interest rates were going to get out of control before. At some point this short term win becomes a long term lose. Just hard to figure out when.

I think the big new trick of keeping the money inside the Fed by paying banks interest on excess reserves and lower velocity of money because of low interest rates are why inflation has been tame so far. These both fail if interest rates go up. Krugman has said that the normal laws of economics governing money and inflation are suspended when near the zero bound. Now that we seem to be leaving he zero bound, regular economics should apply.

I wrote a new post that I think deserves to go viral. If you have anyplace to share this, please do:

Krugman Predicts Inflation

http://howfiatdies.blogspot.com/2013/08 ... ation.html

vincecate wrote:I wrote a new post that I think deserves to go viral. If you have anyplace to share this, please do:

Krugman Predicts Inflation

http://howfiatdies.blogspot.com/2013/08 ... ation.html

It is called theft Vin and slavery to unborn children. They are deluded people and under assault from moral hazzard from another criminal cult.
I also think a few in Governement are decent human beings. As we noted before the Whitehall study covered the deseased mindset of that organ.
Not one word from under the hood for some time helps me or me family since I can spend it better. The American people put these post turtles in power so they are the sick bastards who did this. Yes we believe in a sound defense, and I see no swimmers up to task rushing the swamp in DC.

No one should expect that any logical argument or any experience could ever shake the almost religious fervour of those who believe in salvation through spending and credit expansion. The final outcome of the credit expansion is general impoverishment. By short-circuiting the price mechanism and forcing people into economic lives contrary to their own chosing, central planning destroys the capital base and creates economic randomness that eventually ends in killing prosperity.
They are circling the herd with debt so when it implodes and will claim what they want later just as the criminal intel community did over there.
No accidents are there....

"But my prediction is that politicians will eventually be tempted to resolve the crisis the way irresponsible governments usually do: by printing money, both to pay current bills and to inflate away debt." Paul Krugman, Ph.D., Nobel Laureate in Economics, Professor of Economics at Princeton March 11, 2003
Take some delivery. Fibonacci's original problem is still ignored.

Process of joining Ozymandias in the dust-bin of fiat history is no meme. A culture thrives when it is capable of producing the values that define it. Its all around us and we had that very discussion today at the dinner table. The discussion was the natural economy of scale. The stench we seen today as it was noted was the vix to cover the smell of death in the market at the close. Anyway working on finishing two open books, and since we are rather close on our view to date as a tax payer we will keep fading for some time since the sheep are simple blood bags for parasites until they grow a set as we note.

Thursday is more economic data including Jobless Claims, PMI Flash Manufacturing, FHFA Home Price Index, Kansas City Fed Mfg Index and Leading Indicators.

http://etfdb.com/index/wells-fargo-mast ... hip-index/ will have to wait since the dead cat bounce is coughing up fur balls still.
http://www.zerohedge.com/news/2013-08-2 ... ush-higher

Will see how many fall into sttp xvix vspy vqt as the sheep under the pile as noted yesterday expire in just hold and buy into it as dollar cost averaging blood bages. I see two patterns IMO only that we are into week two of four of the skid into the sept6 windoe from Higgs noted which i did take under serious context of that discussion. And as Art noted VIN what was listed above anyway today to preserve and or mitigate the usual suspects also noted. As some indication suggest it is not a clean up on isle four. Hope to see you on the other side of reality as this vortex opens up......
http://news.infoshop.org/article.php?st ... 0174826479 chase the fire h/t jesse