Generational Dynamics Forum - New Site

http://www.zerohedge.com/news/2013-10-2 ... ve-webcast

http://www.youtube.com/watch?v=GUgU8-1m8bU#t=81 ty7

http://canadafreepress.com/index.php/article/58854

http://www.gurufocus.com/stock/ACI

Higgenbotham wrote:Rumor from 2 seemingly reliable sources is QE will be increased to $100-120 billion within the next 3 months. Perhaps as soon as this week.

Bill Clinton conveyed if he thought he got bad advice on regulating complex financial instruments known as derivatives from his former Treasury Secretaries, Robert Rubin and Larry Summers. He acknowledged that he was wrong to take the advice of those advising him against regulating derivatives. It is pointless to debate the color of the cool aid because it is just that. Carrol Quigley molded Bill which is not a bad thing but the only thing Bill needed to remember is free will is never an excuse to not allow it to be applied. As we note it just has to be cleaned up later.

They knew exactly what they had done. Same as Enron it took five years to as they say "find it". It seems JPM is having just that discussion.

They already knew from 1983 the CCI program policy framework existed and before also. Is it a coin toss to coruption?
Whats the reality when looking at the problem gives them more time to shread documents they say.
I have been following the deevalution of Western Institutions fron the origins to the state of affairs we are in today.
Astounding on the decent rate since 1833 of the so called modern mind tenets. Mon Aug 13, 2012 9:39 pm

Was waiting for the greenspan defense and it was forwarded....

They put lighter fluid on the hooker and set it on fire which are the stupid and greedy you alluded to. They know exactly what they are doing as FDR warned. Some are foolish and grabbed what they could as clever people. As the press indicated the other day those are the bastards I want to be held to account. I had direct family in the Military as they conspired with the proxy's. I want them never to see daylight again. As always I read again an unholy alliance of ignorance, greed and hate which works to destroy all our hard fought freedoms, wealth and security. As we are aware nothing new under the Sun is there. We know the issues.

The article is written about the good old days when banks were only greedy; and not yet: stupid,

We Austrians have a saying on that ....

“We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.” Plato

http://www2.cddc.vt.edu/marxists/archiv ... /ch14.html

Even if prices fall, they may not do so as much as costs, and consumer gains are offset by the losses of displaced workers. Disproportions in prices and profits, in production and consumption, are intensified by the fact that gains in efficiency are unevenly distributed

Rates-of-change in money flows (our means-of-payment money times its transactions rate-of-turnover), have now bottomed. I.e., roc's in required reserves (which are based upon transaction type consumer & business balances 30 days prior), have now bottomed. This represents both a seasonal bottom, & a long-term inflection point.

Long-term inflection points are based upon the distributed lag effect in money flows. The lag for inflation represents a 24 month roc, which contrary to Milton Friedman, has been a mathematical constant for the last 100 years.

In other words, both inflation + real-output have bottomed, as predicted in June of 2012:

2013-09 0.075 0.279
2013-10 0.018 0.263 bottom
2013-11 0.025 0.239
2013-12 0.057 0.199
2014-01 0.032 0.198
2014-02 0.008 0.236
2014-03 0.031 0.189
2014-04 0.024 0.183
2014-05 0.007 0.221

It would take a reversal in Vt to offset the upcoming rise in price trends. Vt has risen this year because (1) unlimited FDIC insurance coverage expired in Dec 2012 & (2) because commercial banks have largely satisfied their needs for increased capital cushions (increases in bank capital destroys bank deposits), & (3) $85b/month QE LSAPs.

So other things being equal, expect gasoline prices to shortly follow the trend.

For lagging local markets expect city taxes to rise and eat another level of capital now since those left standing will be targeted with a larger straw stuck in them. Its here, another level of attack canot be denied. Even the Dimmocrats are waking up to the 2014 effect we noted a few pages back.
As we noted the liberal left attack dogs are deployment constructs. I will not repost that book link since we know what it is here.
Circles as was conveyed also to render no man status. It was conveyed not one in a million will see the veil. ROC was forwarded and seen by some.

You need to get out more and find what the world thinks of America Inc.
From abroad all we see is a seady stream business leaders like Ivan Boeski, Michael Milkin, Charles Keating, John Meriwether, Henry Blodget, Kenneth Lay, Bernie Ebbers, Angeko Mozilo, Hank Greenberg, Dick Fuld, Chuck Prince, Bernie Madoff, Brian Hunter, John Corzine, Russell Wasendorf and Tom Joyce.
Please don't lecture the "Old World" about incompetence and corruption when your own system is more rotten than the house of Denmark.
http://www.zerohedge.com/news/2013-10-2 ... side-money

What I found totally blew me away. Both geometric calculations based on fibonacci ratios match.

I will start to look around Nov3 on target price adjustments and I still hold our spring window thought valid for now H

A liquidity trap is caused when people hoard cash. Larry Summers

Words are unable to convey our gratitude of that observation.
http://www.zerohedge.com/news/2013-10-3 ... st-3-weeks
http://gdxforum.com/forum/viewtopic.php ... ars#p19410
The Fremen

In the view of Rosen (1997), p. 147 (emphasis added):
…having observed choices in different price and income configurations, we can invert the process and infer what those underlying preferences must have been, as long as preferences are reasonably stable and the source of variation is sufficient to achieve identification.
Many Austrians hold to the view that quantitative empirical work in economics is infeasible or uninteresting because the world is changing so much that “behavioral relationships” inherently are unstable and it is fruitless to estimate them. An unwillingness to pursue the consequences of “given conditions” greatly limits the empirical scope and consequences of Austrian economic theory. The paucity of quantitative empirical work in the Austrian tradition accounts for why so few Austrians are found in the professional economics community today.
For support of Rosen, see Laband and Tollison (2000); also see rejoinders to Rosen by Anderson (2000), Block (2000), Thornton (2004); Yeager (1997, 2000).

balanced bidirectional pulse pair

Bootcamp: 2 months
Specialist traning: 1 month
How long did Krugman take?

http://www.nytimes.com/2013/11/03/magaz ... .html?_r=2&

http://www.nakedcapitalism.com/2013/10/ ... y-lie.html

http://www.coyoteblog.com/coyote_blog/2 ... acare.html
My policy was perfectly fine. I was not tricked. I am willing to bet I am at least as smart as David Firestone.
I am positive I am smarter than Barrack Obama. And yet my policy was cancelled.

http://www.bloomberg.com/news/2013-10-3 ... in-qe.html

He supports the Fed’s actions and said the economy has been restrained by households paying off debts, the on-again off-again crisis in the euro region and a “massive” fiscal squeeze.
http://gdxforum.com/forum/viewtopic.php ... 520#p21290
Never a word about the repressionary corrosive effect as stealth inflation and the wasting process of its design. Millions wiped out since there are no accidents in Politics.
Sticky wages was clubbed to death with Bill Clinton as countless lost one third wages and over half benefits after the NAFTA industrial manufacturing wage arbitrage culling.

Jul 03, 2011: Even as the tiny bubbles called the middle class simply cease to exist in the Obama induced myopia the drones refuse to wake.
We shall see and we know the GD outcome. We know the hope defered paradox.
" One might ask the question, "Aren't American socialists in favor of their own country's survival?"
To answer this question, we must turn to abnormal psychology.

Recall Keynes's erroneous prediction that within a century people's material wants would be satiated. When that happened, the demand for capital (to finance consumption) would plummet and rentiers (people who live on income from passive investments, such as stocks or bonds, and thus are hoarders) would be wiped out, a prospect that delighted Keynes, who looked forward to "the euthanasia of the rentier.

Thomas Jefferson. I believe that banking institutions are more dangerous to our liberties than standing armies. ... will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. http://www.monticello.org/site/jefferso ... -quotation
Comments: This quotation is often cited as being in an 1802 letter to Secretary of the Treasury Albert Gallatin, and/or "later published in The Debate Over the Recharter of the Bank Bill (1809)."

http://gdxforum.com/forum/viewtopic.php ... ess#p17787

2013 estimate 17,547,936
2014 estimate 18,499,909
2015 estimate 19,426,503
2016 estimate 20,391,198
2017 estimate 21,325,493

http://www.foundingfathers.info/federal ... dindex.htm

Every man is bound to answer these questions to himself, according to the best of his conscience and understanding, and to act agreeably to the genuine and sober dictates of his judgment. This is a duty from which nothing can give him a dispensation. 'T is one that he is called upon, nay, constrained by all the obligations that form the bands of society, to discharge sincerely and honestly. No partial motive, no particular interest, no pride of opinion, no temporary passion or prejudice, will justify to himself, to his country, or to his posterity, an improper election of the part he is to act. Let him beware of an obstinate adherence to party; let him reflect that the object upon which he is to decide is not a particular interest of the community, but the very existence of the nation; and let him remember that a majority of America has already given its sanction to the plan which he is to approve or reject.

Obamacare now beyond Repeal

http://www.forbes.com/sites/theapotheca ... obamacare/

Like a Leviathan entering a sovereign nation and destroying that nations governing institutions.

The Affordable Care Act, aka Obamacare, has entered the health insurance industry and destroyed the institutions that defined the way Americans, the vast majority of Americans, access, and pay for, health care.

The resulting devastation to the health delivery systems that depended on those now non-existent health insurance payments, have yet to happen, but they are just a trailing indicator of what has already happened.

Media coverage recently has been about the individual insurance market which includes between 10,000,000 (10 million ) and 20,000,000 ( 20 million ) people.

But the institutions that serve more than 200,000,000 ( 200 million ) people have also gone away to be replaced by transitional institutions which shift many of the costs of health care from employers to employees making it more difficult, much less likely, and much more expensive, that lower middle class, and middle class working families will seek medical care when they are sick. These bedrock health industry institutions which have quietly gone away, and been replaced by transitional institutions, are the employer sponsored health insurance plans.

For part time employees these institutions have gone away to be replaced by nothing.

The changes to employer based health insurance plans, as a result of passage of Obamacare in 2010 have been gradual, but massive, and the biggest changes are just now being disclosed to tens of millions of employees with families dependent on them for health care.

The media has yet to cover these massive changes, the employees will not feel the full impact of these changes until they get sick after January 1st. 2014, but they dwarf anything that has been covered by the media so far.

Both the laws mandatory changes to over 50% of the employer based medical insurance plans discussed in the link below, and more importantly the additional, and voluntary changes employers have made, to shift costs of medical care from the employer, to the employee. And further, more important to the employer, will be savings to the employer, and profits to the insurance companies, resulting from employees and their families just not going to the doctor because doubling and tripling deductibles and the substantially increased co-pays ( $500 co-pay for a visit to the hospital ) will cause many employees to stop seeking medical care except when they are dieing.

These changes by employers were, in part mandated by Obamacaer, but also voluntary by the employers who used the opportunity of change to save money for the employer, at the expense of the employee. These new employer health care plans have been designed, built by software developers, and implemented in the three years since Obamacare was passed.

Congress, even if it repealed Obamacare today in it's entirety, will have no impact on these employer health care changes. Obama, by executive order a few months ago, attempted to delay the laws that place mandates on employers to avoid these changes from occurring before the 2014 elections.

But these changes were locked in over a year ago. Nothing is going to stop them at this point.

The train wreck that is Obamacare has arrived. Now is the time to count the dead and the maimed, and to point the fingers of blame.

Too late to avoid this disruption and devastation to the U.S. Economy.

http://www.forbes.com/sites/theapotheca ... obamacare/

I just heard that Obamacare requires you to purchase maternity
coverage, no matter how old you are -- but people under 30 are not
required to purchase maternity coverage. Could that really be true?

John wrote:I just heard that Obamacare requires you to purchase maternity
coverage, no matter how old you are -- but people under 30 are not
required to purchase maternity coverage. Could that really be true?

Very interesting question. I have an opinion, but I would suggest you pickup the phone and call the 800 number that Obama gave out in his press conference and ask the Affordable Care Act trained operators that are there to help young people, and everybody else, what the truth is.

You can also try third party web-sites that attempt to read the tea leaves regarding how this 2000 page law and the 20,000 pages of regulations will be implemented. Those web-sites lack things like citations and the dates of their opinions ( before or after regulations were written for instance ) but they exist.

One would think the State ( and federal ) designed and written Exchange Websites might be able to answer those questions, or even the federal website.

But no, that is not practical, because those websites, by federally mandated design, do not sell insurance, but only provide a single estimated price of insurance after any subsidies you may, or may not, be eligible for, and then accept your application and send that application on to a private insurance company that may be able to tell you the actual cost of the insurance if call the and ask.

What is known is the following:

1. Employers have announced to their employees, and through industry groups to the entire country, massive changes to their employer based medical insurance plans based on the employers, understanding of what the Obamacare law, and resulting regulations, requires and allows employers to do, and, almost all those changes are primarily for the purpose of shifting medical costs from the employer, to the employee, and

2. That private insurance companies, based on their understanding of what the obamacare law, and the resulting regulations, requires and allows them to do, have delivered millions of insurance policy cancellation notices to millions of U.S. citizens, and,

3. That hundreds of thousands of people have signed up for the OLD, pre-expansion, state welfare and state medicaid ( welfare for the medical needs of those below the poverty line who also meet pre-expansiion state welfare requirements ), as part of the Obamacare outreach program that was launched with the websites on October 1st.

4. That thousands, or perhaps a few tens of thousands, have applied for NEW expanded Medicaid, which expands state welfare and state medicaid ( welfare for the medical needs of those above the poverty line - changes state welfare requirements for recieving medical treatment under the state welfare system previous reserved for only some of the people below the poverty line ).

5. That a few thousand people, nationwide, have submitted applications to private insurance companies, through one, or more, of the Obamacare state web-sites, without knowing what the private insurance company actually sells the policy for, and without knowing what portion of that cost, in the end, the applicant will be expected to pay.


Everything we truly know about how Obamacare will work is known because of what third parties have done. Private insurance companies canceling policies, employers and the insurance companies of employers announcing changes to insurance policies offered through employers, state government announcing people added to the state welfare roles for the purpose of receiving free medical care under one, or more of the stated welfare program, and private insurance companies providing us with numbers of how many applications for insurance have been submitted through obamacare state websites.

.
.
Welfare based, Poverty based, Charity Based Health Care vs Obamacare

State welfare medicaid expansion is a very interesting part of the Obamacare law's plan for coverage.

In addition to the promise that everyone could keep their existing health insurance policy if they liked it.

The politicians that passed Obamacare made other promises

The most important one was that the total number of un-insured people would be reduced from between 50 Million and 70 Million down to between 20 Million and 40 Million.

The total number of "new people" promised to be given access to "quality, affordable health care" was 30 Million.

Half of that was based on signing up 15 Million more people onto the Welfare roles and the Welfare payments for the medical needs of those people.

The other half was to come from having 15 Million people apply to private insurance plans through the Obamacare exchange websites. Some of those people would also receive tax payer subsidies for their monthly premiums.

How exactly Obamacare websites work in conjunction with people signing up for Medicaid has still not been clearly defined, and given there are actually 50 different Obamacare exchange websites. One for each state. It may vary widely from state to state.

Obamacare laws did attempt to induce states, by providing short term carrots, and long term sticks, to expand Welfare medical coverage ( Medocaid ) to cover millions of more people than the OLD Medicaid did. The U.S. Supreme Court struck down the sticks. Initially only about half the 50 states volunteered to permanently expand their welfare base population. Since then more states have promised to do so in the future.

The interesting thing to date, is that almost all the "success stories" reported regarding Obamacare sign ups, have not been about applications through the exchange, or signing people up for expanded Medicaid.

But the claimed success stories to date have been, almost exclusively, about signing up a few hundred thousand people the OLD Medicaid ( medical welfare ) for people below the poverty line. These people could have always signed up, if they wanted to, no answer on why they decided now was the right time.

56,000 people signed up were the Oregon numbers released a few days ago, but none, zero, of those were Obamacare applications for insurance policies through the Oregon Obamacare Website. Instead 100% of those reported as "signed up under Obamacare", were 56,000, signed up for Welfare under the states medicaid welfare program. Oregon actually left it's Obamacare Exchange site closed and signed people up for Welfare and Medicaid through other automated systems. Thus zero private insurance applications through the Obamacare websites.

Oregon's board that overseas the state Medicaid payment system just voted and announced, that the state Medicaid program in Oregon would no longer pay for Chemotherapy for patients "that might die" within 2 years of treatment. Doctors normally only declare people with less than six ( 6 ) months to live as terminally ill.

State Medicaid payments to doctors are so low that most doctors accept only a limited number of Medicaid patients, and they do that as charity cases.

But, to date, Medicaid patients, are the only type of people gaining medical coverage under Obamacare as a group.

Part Time employees losing medical coverage at work by the hundreds of thousands so far, and patients in the individual insurance market receiving cancellation notices by the hundreds of thousands, so far, far exceed the few thousand applying for private insurance policies through the Obamacare insurance exchanges.