I have heard repeatedly people say they can’t fathom how anyone would lend money to a government for a negative interest rate. This is true only if they keep the bond to maturity, and they have no intention of doing so! If investors expect future interest rates to become even more negative, then the value of their existing bond, on the open market, will gain a premium over YTM. This is simply the “Greater Fool Theory” and is exactly the same as investors in the housing market expecting to flip their houses for ever greater prices, no matter how over-priced they are already.
Remember the Misery Index? Misery Index is just unemployment rate + inflation rate. Ronald Reagan campaigned on it when it hit an “outrageous 21%” in 1979. Since then the govt has just been making ever more elaborate lies about what the numbers are. See this good article –
, and the first comment:
real unemployment rate is between 20% and 40%
Every statistic about the US economy is now a lie as David Stockman looks at 5.5% unemployment:
At the present time, there are 210 million adult Americans between the ages of 16 and 68—to take a plausible measure of the potential work force. That amounts to 420 billion potential labor hours, if we accept the convention that all adults are at least theoretically capable of holding a full-time job (2,000 hours/year) and pulling their share of society’s need for production and work effort.
By contrast, during 2014 only 240 billion hours were actually supplied to the US economy, according to the BLS estimates. Technically, therefore, there were 180 billion unemployed labor hours, meaning that the real unemployment rate was 42.9%, not 5.5%!
Yes, we have to allow for non-working wives, students, the disabled, early retirees and coupon clippers. We also have drifters, grifters, welfare cheats, bums and people between jobs, enrolled in training programs, on sabbaticals and much else.
Inflation in the land of the free is not so phantom though – Chapwood Index shows real inflation in US. In 2014, it was 9.7% – 1212% of official US inflation (0.8%)
The Chapwood Index shows the actual price inflation for the 500 items people buy most often. It has been 9-10% every year in Dallas for the past 4 years. So something less than 43% unemployment and 10% inflation and the misery index is pushing 50%!
Is this the tip of the iceberg which he will use in his “national race database“?
US has already been found to be surreptitiously collecting DNA of foreign nationals. Do you think it stops at the borders?
I am really dubious that the consumer DNA companies have not already handed over all our data to the feds. Yes, it would be illegal but the feds have been using illegally obtained information in criminal cases for 30 years now. It’s called “Parallel Construction“
Since this thread is filled with idiots that will not admit they fell for the govt lies about WMD’s to justify an illegal war, I will repeat “THERE WERE NO WMD’s IN IRAQ”. Finding unusable chemical warheads Made In USA does NOT qualify as WMD’s. Read the freakin’ NYTimes article! “The Secret Casualties of Iraq’s Abandoned Chemical Weapons“
The FDA injunctions against 23andMe informing their customers of their own health traits is completely perverse. A study published in British Medical Journal, “Vitamin D Genes and Mortality”, (sadly locked behind a paywall) was mentioned in LEF magazine. They identified numerous genes that resulted in lower levels of Vitamin D and directly resulted in increased mortality. In a sample size of 95,766, increased risk of premature mortality was 30%! Taking a cheap vitamin D supplement would have completely eliminated this risk, if only they had known.
In this same issue (April 2015) of Life Extension Foundation magazine, the lead editorial proves that the FDA has killed more Americans with a single rule (fighting against public use of CoQ10) than have died in all wars combined. The FDA is absolutely the last bureaucracy we should be trusting to decide what information we are allowed to have.
American has become a bizarro reverse world where believing in the opposite of reality is the norm. A real hero who exposed the massive crimes of the govt is villified while a murdering, lying coward, aka, the American Sniper, is exalted as a hero. How long will this delusion last until reality inevitably breaks through? The sheeple are just begging to be ass-raped.
I just tried to go to this site (on my computer) and FireFox says it’s unsafe! And the only way to undo that is post a form to google? Seems awfully fishy…
I added a comment to this link on 12160.nfo –
Obama signs executive order giving himself complete control over all private communication
He is dictator of the federal executive branch. “Everyone knows” government is exploding in size and power, so I wondered just how large his kingdom was. The liberal sites will try to sell you that government is actually smaller now – Washington Post but they can claim this only by ignoring how government has outsourced, and made secret, so many jobs. Total (admitted) govt spending on 2.65 million employees is about $200 billion – Washington Post , but admitted federal spending on outsourced civilian positions has increased from $200 to $500 billion in the past 10 years! OUCH!. And of course, secret budget spending, like the NSA’s private spy network has grown much more.
Backdoor for the NSA into all Windows computers discovered in 1999! Since then, they’ve become much more sophisticated and hide the back door inside the hardware –
“According to one leading US cryptographer, the IT world should be thankful that the subversion of Windows by NSA has come to light before the arrival of CPUs that handles encrypted instruction sets. These would make the type of discoveries made this month impossible. “Had the next-generation CPU’s with encrypted instruction sets already been deployed, we would have never found out about NSAKEY.”