it begins...

[william.scherk]

No hitter spells doom for the market

From the horse's mouth -- Rabbi Pastor Jonathan Cahn with Jim Bakker: One World Trade Center Rats Are Warning From God; video via Right Wing Watch.

[Brant Gaede]

"Branson, MO"--nice touch.

--Brant

[moralist]

'DEATH CROSS" PATTERNS SPREAD TO ALL CORNERS OF THE STOCK MARKET

http://www.marketwatch.com/story/death-cross-patterns-spread-like-a-bearish-virus-2015-08-28

"Death cross patterns continue to spread through the stock market like an epidemic, even infecting market segments believed to be more insulated from overseas turmoil..."

 

 

"Many have questioned whether a well-telegraphed moving average crossover is really a bearish signal or not. But at the end of 2008, three months before the market bottomed, all 30 Dow stocks had produced death crosses."

[Brant Gaede]

"Three months before the market bottomed."

This market has a lot more to go down than that market.

When the S & P hit 666 the following early March, what did ya do?

You seem to think the stock market is the fate of the world. The tail does not wag the dog. That was even true in October, 1929.

Buying and selling the stock market is not the same as finding a company's stock selling at a bargain and buying some. And once you do why would you sell it? For the joy of paying capital gains taxes? For the pleasure of giving your buyer a good deal?

When Armageddon arrives in 12 days and you're on top of the mountain in your ascension robes waiting for Jesus, will it make any difference if your money is in your pocket or in the bank or in a company's stock? The only reason to be scared of September 14 is you won't be able to do anything the next day. Why? You think things will be better thereafter. In fact they really won't be. The big grind-down dance with volatility has only just begun. It makes no difference what happens on September 14. Maybe the market horror will be November 14 or next March or five years from now.

The big problem is the world's central banks have the world by the economic balls. It's socialism plus politics plus stupidity and ignorance. Socialism has failed everywhere else and now it's going to fail money and credit. The more liquidity those banks pump into the system, the more the banks ironically squeeze those balls for it's doing them less and less good respecting measurable economic activity and it's getting harder and harder to even get money and credit into the world's economies. Think of a Thanksgiving feast. That was good. Yummy. Burp! The only problem is you're supposed to keep eating--for God's sake don't stop!--the whole productive world hangs on the turkey farmers raising and selling and moving turkeys around. EAT, DAMN IT! EAT!

--Brant

"Eat!"--Alan Greenspan, Ben and Janet

[Wolf DeVoon]

One of the biggest problems we face is that there is no historical template for current global market conditions so we’re all flying blind to a large degree. Never before have so many of the most important countries in the world printed so much money and left base rates at near zero for so long. [Deutsche Bank analyst Jim Reid]

[Jules Troy]

At least I have my gold fillings!

[moralist]

Brant writes:You seem to think the stock market is the fate of the world.

I've never said that, Brant. I've never even inferred it. It's only connection to my world is providing me with entertainment and amusement......and it does that very well.

The big problem is the world's central banks have the world by the economic balls.

The central banks have no control over my economy because it isn't debt based. :smile:Greg

[Brant Gaede]

Brant writes:

You seem to think the stock market is the fate of the world.

I've never said that, Brant. I've never even inferred it.

It's only connection to my world is providing me with entertainment and amusement...

...and it does that very well.

The big problem is the world's central banks have the world by the economic balls.

The central banks have no control over my economy because it isn't debt based.

Greg

Urge to say something. Gotta resist.

--Brant

[Mikee]

Hyperinflation

[Peter]

From Mike E.’s article: Put simply, a government can destroy the value of its currency and implode into bankruptcy, simultaneously. Empirically, this is precisely what we have seen with every hyperinflationary episode in history. The deflationary crash of bankruptcy occurs (more or less) simultaneously with the hyperinflationary plunge-in-value of the currency. The former never “cancels out” the latter.

This is the true “principle” at work with these dynamics, and it is one which the Deflationists have either ignored (for ten years) or simply lack the capacity to grasp. Individual facets/sectors within an economy can implode in a “deflationary crash” (within that niche). Not only does this fail to negate any overall hyperinflation at work, it must accelerate it. Obviously a nation whose currency is “doubly worthless” should/must plunge to zero even more rapidly than the currency of a nation which is ‘merely’ worthless.

To repeat, every nation in history which has engaged in the suicidal monetary policy of hyperinflation had already succumbed to the fiscal folly of insolvency. Not only is it “possible” to simultaneously have a nation hyper-inflate its currency to zero and have a so-called “deflationary” debt-default crash, it is the only manner in which hyperinflation ever occurs.
end quote

Back to me. Substantially more dollars are printed or more importantly, trillions and trillions of dollars are floating around electronically. Is the current crowd headed by Janice Yellen, doing anything positive? The Obama administration jimmies the numbers for employment and subtracts key categories when considering inflation. The very visible hand of government cannot cut off the invisible hand of the market, unless property rights are abridged.

What can a new President do, if he doesn’t understand macro-economics? If he has a group of experts ready at the swearing-in of the oath of office, and they immediately move to get government out of the way, will that BY ITSELF precipitate a crisis? It is something Trump, Rand, Carson, Fiorina, or Cruz and several others might do. I think Jeb Bush, Kasich, and Christy would continue on with government meddling leading us into a disastrous future. Of course if a financial earthquake occurs on September 14, 2015 all bets are off. (said half jesting)

I snipped the following weapons article as a precaution. A 410 shotgun will do the job but not blow through one or two drywall or plywood walls with a high velocity to strike the innocent. And a 410 can be handled by a smaller, not as strong person like a woman.
Peter

Notes: From Patterning Defensive Shotguns Posted by Bob Owens on September 1, 2015 at 1:10 pm: . . . Like other top-tier instructors, Steve does a lot of testing and a lot of research. In all of the nationwide research he’s done, he’s been able to find precisely one example where a home defender or a law enforcement officer armed with a shotgun filled with buckshot had to fire more than two shots after making a well-aimed torso shot. That one outlier was the North Hollywood Shootout, where the suspects wore heavy full-body armor. In the majority of documented instances, a single good torso hit with a load of 00 buckshot ended the threat immediately, and in a substantial number of cases where two shots were fired, that second shot was fired because standard training doctrine is to fire two shots before pausing to reassess the situation.

Compare that against handguns or even patrol rifles, where offenders will sometimes take 5-8 rounds or more before being knocked out of the fight. When it comes to defending a barricaded position, defending a home, or conducting a CQB raid, a well-aimed shotgun blast with a quality buckshot load will bring the fight to an end faster than almost any other small arm. As someone (maybe Steve) said early in the day, a handgun or a rifle will kill an attacker, but a shotgun kills their soul.
end quote

[Jules Troy]

This looks fun!

[Brant Gaede]

Too specialized in my opinion. It seems to be for the civilian market. I'd prefer a three-burst auto but it's not legal. In Vietnam I had full auto but I only burst-fired my M-16 3-4 rounds. The three round burst is to conserve ammo in the US military version of this weapon.

(My A-Team was the first combat unit in Vietnam to get and use the 30 round magazine. A friend of a teammate shipped us a box from Ft. Ord where they were being evaluated. Everybody got one magazine. I loaded mine with 28 rounds on the supposition that 30 rounds would jam the gun on the initial two shots as it invariably did with the 20 rounds in a 20 round magazine. I was told when I got to Vietnam to limit the 20 to 18 rounds. If this problem was ever fixed, it was after my service.

(If the M-79 grenade launcher's 40mm rounds weren't so many duds, it would have been my favorite. The one time I needed it in close combat it wouldn't even fire. The guy next to me was already dead.)

--Brant

[Jules Troy]

I saw marketed once an attachment that could be equipped to take a semi auto into triburst mode. Don't know if it worked well.

[Mikee]

The March of Foolish Things

^From the article:

"

Thomas Sowell turned 85 years old this summer, which means he has been teaching economics to Americans through his books and articles for some four decades. So it seems like a natural question: Have we learned anything? Has the level of economic thinking in political debate gone up at all?

“No—in fact, I’m tempted to think it’s gone down,” Mr. Sowell says, without much hesitation. “At one time you had a lot of people who hadn’t had any economics saying foolish things. Now you have well-known economists saying foolish things.”

"

[moralist]

Mike asks:

Have we learned anything?

Collectively as a nation, no... but as individuals, some have and most haven't.

It's not a matter of not understanding, but of anti-understanding. Not a lack of knowledge, but of anti-knowledge. Not just denying the truth, but believing lies.

Nine days... and what's coming will not be just a single isolated event. On September 13th there's a solar eclipse. September 15th begins a Jubilee year (once every 49 years). And the last of the 4 blood moon eclipses is September 28th. Last Jubilee was the Israeli 6 day war when they reclaimed Jerusalem.

"In the spring of 1967, following close to a decade of relative calm, Israel found itself poised for war against four of its Arab neighbors.

According to all the military analysts and pundits, it was to be a lopsided match. The Israel Defense Forces (IDF) consisted of 275,000 troops, compared to the 456,000 soldiers of the combined Iraqi, Syrian, Jordanian and Egyptian armies. The united Arab forces also had a decided edge with regards to weaponry and military equipment: they boasted more than double the amount of tanks, and close to four times the amount of combat aircraft. The three-week period preceding the Six-Day War was one of dread, shock and fright for the residents of the Holy Land.

With close to two and a half million Jews living in the tiny country, it had the highest concentration of Jews since pre-Holocaust Eastern Europe. So pessimistic was the outlook that the nation’s cemeteries and national parks were marked to become gravesites for the many who would surely perish in the course of the war.

However, despite all the prognostications, by the time the war ended, the territory under Israeli control had tripled in size. Jews returned to sites where their ancestors had lived for thousands of years, sites from which waves of terror were launched against them for so many years. The casualties and losses were painful, but minimal in comparison to all projections. The Jewish nation was miraculously victorious in the face of unbelievable odds."

http://www.chabad.org/multimedia/timeline_cdo/aid/525341/jewish/Introduction.htm

Last Shemitah followed by a Jubilee before that one was 1917. WWI and the market crashed then too. And also the monumentally historic Balfour Declaration.

"His Majesty's government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country."

[Peter]

I say Obama claim Israel as a National Park, force congress to declare it the 51st State and rename it “Arabs and Jews Living in Harmony, America.” Then abolish state religions, and declare it a sanctuary State, so ISIL terrorists can move in, mend their ways, and be free. As Barrack said, “All them ISIL community activists yearn to be free.”

[Mikee]

I say Obama claim Israel as a National Park, force congress to declare it the 51st State and rename it “Arabs and Jews Living in Harmony, America.” Then abolish state religions, and declare it a sanctuary State, so ISIL terrorists can move in, mend their ways, and be free. As Barrack said, “All them ISIL community activists yearn to be free.”

Not even close to the right thread for this Peter. I missed the mark a bit myself posting the excellent article about Thomas Sowell, but at least it's about the economic idiocy leading the predicted economic collapse which is the thread topic. Well, perhaps the real topic is "Biblical Armageddon: It begins"

[Brant Gaede]

"[Purported] ancestors had lived for thousands of years."

Believing can make it so--sort of, on steroids.

__________________________

The more the US helps Israel the weaker and more vulnerable Israel becomes. That's the ironic consequence of welfare on all levels. The less the US helps Israel the stronger it becomes to the point it's as strong as it can be. Unfortunately, the US is much, much stronger than Israel. The stronger Israel becomes the more Israel is the tail wags the American dog. Israel, with the insane Iran deal--courtesy of Obama--has been freed from US influence to the extent it will be able to go ahead and use nukes against Iran to stop Iran from getting the bomb. Conventional arms won't do the job. Precise targeting and size of the general blast and radiation spread from winds can greatly limit collateral damage from 10-15 explosions. The US, if not Israel, will then have to actively deal with a world where using nukes in war is accepted--a genie put into the bottle by the horror of the WWII atomic bombings. The world too will have to deal with possible ad hoc use of nukes as terror weapons such as a ship suicide mission into New York harbor or Norfolk, Virginia. (It should now, but really doesn't, so this is psychology.)

The US committed ground troops to South Vietnam in 1965--that is, large conventional forces. North Vietnam countered. The First Gulf War came out of a feckless US foreign policy in which we implicitly sanctioned Iraq's invasion of Kuwait. So Iraq invaded. There was no strength to similarly counter so it was tried on a small scale with the first Trade Center bombing. This was followed by the greatest example of successful bear baiting of all time, the 9/11 fiasco which eviscerated the prior geo-political situation between Iraq and Iran to the latter's benefit and cost the US years more than a decade of war plus the cost exceeding a trillion dollars, all continuing. No need to talk about Afghanistan. The world is sleep-walking into general thermonuclear war through these continuing escalations of force. It's not likely to get that far. GTW is old hat big bombs. What's more likely is some major cities get blown up. One city = goodbye Israel. An EMP pulse over the upper mid-west and goodbye the United States of America. Computers won't work. The lights won't come on. Cars won't run. Water won't flow. The east and west coasts might survive.

One can come with many more possibilities. The really unintended consequence might be a better world. Not for the dead, of course. Humanity will collectively struggle on until that asteroid wipes it out.

--Brant

[moralist]

Mike writes:

Well, perhaps the real topic is "Biblical Armageddon: It begins"

Not sure about Armageddon because that's something else entirely. But technically this already "began" on 911 with America's forfeiture of its moral protection and economic providence by pronouncing the verdict upon itself.

So now by default America is under a sentence it passed upon itself. And just as with the catastrophes which have already happened, each successive event will be more and more severe until this nation is destroyed.

Greg

[Michael Stuart Kelly]

... historical template ... [Deutsche Bank analyst Jim Reid]

Wolf,

"Historical template" sounds like a euphemism for "story."

Michael

[Selene]

I say Obama claim Israel as a National Park, force congress to declare it the 51st State and rename it “Arabs and Jews Living in Harmony, America.” Then abolish state religions, and declare it a sanctuary State, so ISIL terrorists can move in, mend their ways, and be free. As Barrack said, “All them ISIL community activists yearn to be free.”

First of all to the Geography President Obama, it would be the 58th State.

However, your MO is to be out of phase and unfunny.

And since as Mikee just noted, a Biblical thread.

So Babel on Peter... and you can deny this three times and really mix the Babeling

A...

[Mikee]

I say Obama claim Israel as a National Park, force congress to declare it the 51st State and rename it “Arabs and Jews Living in Harmony, America.” Then abolish state religions, and declare it a sanctuary State, so ISIL terrorists can move in, mend their ways, and be free. As Barrack said, “All them ISIL community activists yearn to be free.”

First of all to the Geography President Obama, it would be the 58th State.

However, your MO is to be out of phase and unfunny.

And since as Mikee just noted, a Biblical thread.

So Babel on Peter... and you can deny this three times and really mix the Babeling

A...

Perhaps by Obama's accounting there are (were) 58 states.

"Barack Obama is no fan of McKinley, who practically overnight turned America into a "colonial power." Winning the Spanish-American War, the Republican leader took control of Puerto Rico, the Philippines, Guam and effectively Cuba, which became a U.S. protectorate."

[moralist]

Just some odd coincidences concerning the Twin Towers. Keeping in mind that Shemitah years are 7th years and are reckoned from September to September on our calendar:

Twin Tower concept presented 1945
Twin Tower construction began 1966
Twin Tower inauguration dedication and ribbon cutting 1973
Twin Tower destruction 2001

Replacement One World Trade Center building opens 2015

ALL of those years were Shemitah years.

And the back story to America's loss of moral protection and economic providence:

George Washington was the one who issued the WARNING to America on the day he was inaugurated as the first President of the United States on April 30th, 1789. (emphasis mine)

"I dwell on this prospect with every satisfaction which an ardent love for my Country can inspire: since there is no truth more thoroughly established, than that there exists in the economy and course of nature, an indissoluble union between virtue and happiness, between duty and advantage, between the genuine maxims of an honest and magnanimous policy, and the solid rewards of public prosperity and felicity: Since we ought to be no less persuaded that

THE PROPITIOUS SMILES OF HEAVEN, CAN NEVER BE EXPECTED ON A NATION THAT DISREGARDS THE ETERNAL RULES OF ORDER AND RIGHT, WHICH HEAVEN ITSELF HAS ORDAINED:

And since the preservation of the sacred fire of liberty, and the destiny of the Republican model of Government, are justly considered as deeply, perhaps as finally staked, on the experiment entrusted to the hands of the American people.

By their wholesale REJECTION of the moral order of objective reality, the majority living in America without being Americans have FORFEIT America's protection and providence.


Greg

[Brant Gaede]

What's characteristic of all the other years is that nothing of any significance happened. I finally understand.

If I woke up one morning and found myself steeped in your type of irrationality my head would explode. Too much, too soon. You need to start out small and build that universe brick by brick slowly adjusting to the non-real in your head's juxtaposition to the world out there by cherry-picking facts and ignoring all else.

The facts you latch onto are what you bump into. I'd call your philosophy the "Owe" philosophy except that's only half of it--the rational half. If it's anyone else's "owe" you abstract it into and out of existence insofar as it can be molded to fit your idea of what is-should-be-will-be. Out of your mouth comes glory and when the future might be described when it comes as something different than the prediction you so easily rendered, you'll find a way to keep pumping out more of the same albeit in sort of different clothes burying the past by denying the present without acknowledging the burying but sufficient to keep going with ever more glory predicted coming around the bend.

It's all go to the mountain top to meet Jesus.

--Brant

Dosty took care of Jesus in the speech of the Grand Inquisitor found in The Brothers Karamazov and Jesus then took care of Dosty with a kiss

[moralist]

Brant writes:

What's characteristic of all the other years is that nothing of any significance happened. I finally understand.

Using an absurdity in an attempt to invalidate the timing of events which have already happened reveals a certain desperation on your part, Brant.

There can be only ONE time when the Twin Towers are officially and publicly proposed, and only ONE time when construction begins, and only ONE time when they are completed and publicly dedicated...

...and surely only ONE time when they were totally destroyed.

As much as you'd like to... you cannot argue with the facts of when those events happened because they are objective realities.

It took absolutely no effort on my part to see a connection in timing that was already there. I didn't need to try to make the timing of those events fit, because they are already fixed in time and cannot be altered, even by you. I merely to noticed the timing that someone else noticed.

You have absolutely NO CONTROL over the objective reality that the two greatest stock market crashed in US history BOTH occurred on an Elul29 of a Shemitah year... only one day that comes every 7 years. Even a totally godless secular atheist scientist would note that's remarkable odds when the possibilities of occurring on all of the other days and other years are considered.

And while you are perfectly free to dismiss it as dumb stupid random chance, you cannot change it... just as you cannot change the fact that the next Elul29 of a Shemitah year arrives in a week.

And just another interesting event...

In a one-in-50 Jubliee year, 1967, Jerusalem was reclaimed by the Israelis in the 6 Day War. This was an historic event in that it was lost to the Romans in 70 a.d.

2016 will be a Jubliee year, so it will be interesting to watch Israel just to see what might happen.

Greg