Would Anyone Listen To George Washington Today?

No, of course not.  They'd label him a kook.

The Frankenstein Government Big Game Schtick*Updated

I never like it when two east coast teams get in. Being a western boy means I don't really have a lot to root for here. Here's how I analyze the big tilt.

I have always maintained that the team with the best defense has a huge edge in the Superbowl. That nod goes to the Giants.

The Giants beat New England in the regular season. 

Looking at schedule strength which was very similar- I think the Patriots had a tougher schedule and played a little better. This is debatable. But I give the edge to the Pats because they did not lose to any crappy teams which the Giants did.

One could argue that the Pats shouldn't even be here albeit for a missed field goal. I could say the same thing about the Giants and those two fumbles of San Francisco's.

All my friends'... the smart money says- it's the Giants.

I think they are wrong. I'll tell you why. Tom Brady is a determined on field general. Belly check may be the best coach I have ever seen. They make their rival coach and QB look like pikers. They prepare better and they are veterans. There is also one other thing I like. Revenge. The Patriots had their perfect season snuffed out a few years ago by the Giants.

It's payback time. Take the Pats and give the 3 points. I am staying away from the over/under but I lean over 53. Who can argue with Joe Namath?

*So much for predictions. If I had bet on this game and thankfully, I would never bet because it is illegal, I would probably have lost 210 bucks or so.

Bureau of Labor Statistics Releases Latest Fib, Facebook Insiders and Fat Cats Getting Fatter

Wow. The parade of lies continues. I am in awe. So the question becomes...will people believe headlines like this: http://finance.yahoo.com/news/unemployment-rate-hits-8-3-133203262.html

This morning the BLS reported it's gerrymandered numbers but failed to mention that a WHOPPING 1.2 million people dropped out of the labor force. An all time high for ONE month.

Ignoring the 5 million people who have quit looking for jobs allows the BLS to state that the unemployment rate has dropped to 8.3%. Gold in a big sell off because happy days are here! Simply stated, if you have run out of unemployment benefits, or never qualified for them to begin with, you are simply not counted. Therefore, the higher the number of uncounted people is- the lower the drop in unemployment.

Or will people believe this? http://www.zerohedge.com/news/implied-unemployment-rate-rises-115-spread-propaganda-number-surges-30-year-high

Perception shapes opinion and reality. It doesn't have to be true- it just has to appear that way. That's how the propaganda war is won.

Facebook. About a year ago, I lost my mind and finally posted a profile on Facebook. I have mixed emotions. It's kind of interesting to see old friends on there. I use it to search for people who are in the news. Really. Very often, they restrict their information to the extent that you cannot even contact them. So what's the point?

Well as it turns out, with a completely chicken shit and paranoid population, I find Facebook to be of minimal networking value.

To sum up my Facebook experience? A constant stream of superficial fluff probably not worthy of my time to begin with. I can truly say that FB has not enhanced my life one bit. I could have lived just fine without it. However, it appears that my participation in FB is about to enhance Mark Zuckerberg's wealth. Facebook is about to be taken public in what is most likely the biggest initial public stock offering of all time. The shares will be offered to the wealthy and elite via their brokers- who will then flip them for a nice profit. By the time the hoi polloi (those people that are actually on FB) get access to shares in the open market- they will be so overpriced that they will offer little or no value at all. Fully priced and distributed to suckers weak hands.

How do I feel about Zuckerberg selling my profile to advertisers? Look, everything I've read about that kid puts him in the sociopath capitalist class. Including the movie. I should have known better.

They Can't Give Away 3% Mortgages, Wait For 2% Before You Pull The Trigger

I am not kidding. This economy is completely dead. There are no jobs. Artificially over-priced houses aren't selling because people can't qualify with their new reduced wages. Not to mention credit reports that are shot.

Not in my life did I ever think we'd see 3% mortgages. I'm waiting for 2% and I am not kidding. Japan, here we come. http://finance.yahoo.com/news/rate-30-mortgage-falls-record-3-87-pct-150348197.html

Why Negative Interest Rates Will Send The Precious Metals Complex Straight Up

There has been a tug of war since 2008.

The bankers and the government have done everything universally possible to create the illusion of a banking world that is solvent. They have also rescued the stock market- truly making it the investment of last resort.

If the stock market fails- America fails. I am not kidding, it is that serious. If the banking world gets exposed then all bets are off.

Often, I will read the anti-gold class state something like gold "does not pay a dividend." The implication is that the stock market and the bond market offer better returns. Is this true?

The answer is no given a negative interest rate environment like the one we have now. A negative interest rate environment occurs when inflation is outstripping yield or dividend returns. It works like this. Suppose you can make 3% yield on treasuries or a 4% dividend in equities. That rate of return looks ok when it is stacked up against a 1% inflation rate. You are still getting "plus money." However, if the real inflation rate is closer to 11% rather than the government rigged numbers supplied by the BLS each month, you are now receiving a negative return of -7 or -8%. The following chart is courtesy of shadowstats- something you can trust because the government does not generate it. Note the huge divergence between their numbers and the BLS numbers.




Therefore- you are guaranteed a loss not to mention that your capital is at risk of loss, default, or conversion. Only a math challenged sucker would invest there. Let the buyer beware. Remember MF Global.

Negative interest rates become the perfect environment for gold or silver to thrive in. You are guaranteed two things. Your investment in gold, silver, or platinum has an inverse relationship to negative returns. You may not get paid dividends but you preserve buying power- you lose nothing. Precious metals match or outstrip inflation. You do not have your capital at risk. There is no way for the government or bankers to counterfeit precious metals or steal them from you as long as you own and POSSESS the physical metal. By possess, I do not mean in a bank where Congress can pass a bill overnight and seize every safe deposit box like they did in 1933. In fact, that seizure violated the Fourth Amendment which has always caused me to scratch my head. (Why didn't the entire world sue the government?) Fiat promoters hate precious metals. Precious metals are a fiat currency put. A short. Plain and simple.

Can the government tax the hell out of gold and silver or confiscate it? Sure. But by that time, anarchy will be here in full force and nobody is gonna want worthless currency. Other than food, ammo, and water- precious meals make the most sense. From now until then. Whenever then is.

There is no Deus Ex Machina ending. There is no miracle cure. All debts are paid. Either by the debtor or by the lender. That includes that 16.4 trillion they just rung up.

If I had to pick a side- and we all do- I land on precious metals. Ultimately, PM's will win the tug of war in a world filled with deceit and fraudulent numbers. At some point, the truth will escape and once that Genie is out of the bottle...I'm not sure sellers of precious metals will even take currency.

Sarcasm, Because It's Still Against the Law To Beat The Shit Out Of People

Yesterday I did a piece on the destruction of the United States debt Titanic. The ship where every tax payer has a seat.

I questioned the numbers presented by a reporter who failed to cite his source. I assumed, most likely, that he acquired his numbers from the Congressional Budget Office. http://thecivillibertarian.blogspot.com/2012/01/maybe-media-is-just-as-baffled-as-rest.html

In less than 24 hours, Zero Hedge was out with a great story on the missing credibility of the CBO. http://www.zerohedge.com/news/cbo-merely-another-manipulated-front-wall-street-dictate-washington-policy

I had to read that story three times. Why? Because it just smacks so true. It makes sense. If you look at the history of the CBO's "optimistic" projections (chart) you'll find a decade of deceit or at the very least, consistently minimized deficits. Is that coincidence?





It's pretty difficult for me to escape the fact that the CBO appears to be nothing more than one more propaganda tool for Wall Street and our paid for politicians. There was a time when I thought that the CBO was an independent agency and tried to put out credible numbers. But like all things government, it appears that any integrity this office once had has now been compromised. Like somehow that is an isolated incident and the Bureau of Labor Statistics is credible.

Conspiracy? Yes of course it's a conspiracy. It's a conspiracy with one common goal shared by  thousands of influential policy makers, politicians, crony capitalists, and government employees. Deceive the American people for as long as humanly possible and receive a continuation of fat paychecks for doing so. What happens when you tell the truth? Well just ask the formerly employed, Ms. Pham, who is now suing the CBO.

Every once in awhile, I receive a great comment like I did in the "Media Baffled" piece. This is an interesting and intelligent comment. Not because it attempts to stroke my ego while claiming vastly superior intellectual high ground; but because it is a passive aggressive statement by a writer who has claimed some virtual lofty perch from which he gazes down at emotional midgets like myself. 

Know this. I get it. The only way our society has a chance of educating ourselves- of communicating vital and truthful information- is by this medium. There is no other means available to us. I accept that there will always be some folks who will state an opinion contrary to that and that's ok. It hasn't slowed me down yet.

Lawrence Summers, Still Unconscious After All O' These Years

This article from HuffPo pretty much sums up the wreckage of Lawrence Summers. Absolutely fascinating, the work of an ego. Here is the ego of a man who simply cannot accept that he and his shitty decisions are a big reason why the world is now getting a free ride on the debt Titanic.

He of course, found a lifeboat. http://www.huffingtonpost.com/robert-scheer/the-democrats-who-unleash_b_1249110.html