"Standup Economics"

This economy is a what?

  

    
Updated:
Saturday June 16,  2007

                    07:51 CDT 
The Free Daily Briefing
-  In depth weekly reports are at  www.peoplenomics.com

 The free public side of Peoplenomics.com

Subscriber
   Entrance

Customer Service

  Local Navigation:  

    Home

    ● Consulting Services

    ● Submit a News Tip

    ● Urban's News Scanner

    ● Last week's Column

    ● Archives & Library

    ● News Source Links

    ● Street Level
      Economics


 
At the

Peoplenomics
  Books
tore:
 

"How to Live on $10,000
 a year (or less!)"

 

  Related Sites
   Peoplenomics

    Half Past Human

    Independence Jrnl

    Elliott Wave on  Deflation

    Bulletproofretirement

    Bull Not Bull

    CoasttoCoastAM.com

 Web Bot Project

    Simple Explanation

    NE Power Outage
    Example

  Favorite Colleagues

    Fiend Bear

     Capitalstool.com
   
 
Jim Kunstler

     Safe Haven

     Life After the Oil Crash

     Peak Oil.com

     Steven Quayle

     Coast to Coast AM

     Moral Equivalent of War

     End Times Report

     Solari Action Network

      News with Views

    

 

North American Earthquakes — Last 72 Hours

 Our Favorite Tool::

http://www.minneapolisfed.org/images/common/cpi.gif

   Vendors  & Such


    Posters:
   
www.epingo.com

    Machine parts:   www.emachineshop.com

   Commodity Trading

   www.fortwealth.com

   Bullion Buying/Selling

   www.kitco.com

   Web Hosting

   www.emwd.com

   Radiation Monitoring

   www.ki4u.com

   Emergency Food Stores

   www.beprepared.com

 

 

 

 

|  Last Week  Peoplenomics    |    Library    |  Independence Journal  | Business news from UrbanSurvival.com's RSS feed 

| Site Disclaimer|  Publisher's Note    | Elliott Wave |    Technorati Profile           |


 

Watching the Space Station 

It sounds, at least for now, like the computer problems on the International Space Station are back on line and things are somewhat 'normal'.  Still, in light of what was in the predictive linguistics a long while back (before the 1207 run), there's an interesting question that always pops up. We have sometimes seen in the analysis of how time references are used by people in everyday conversation, how just the discussion of something in the mainstream media can sometimes be what was picked up - not necessarily an event but rather the public discussion of a pending/possible event.

 

I'll show you what I mean:  A long while back we had a spot in modelspace where there was much discussion of a "tsunami in Hawaii".  This was a lot more specific than the "west coast quake mid October 2006" prediction (which was fulfilled by the Oct 15 +/- Oahu quake. 

 

Well, it turned out that what we were picking up was the rumor going around that there would be a Hawaii tsunami. 

 

My point?  (Not enough coffee yet, eh?)  With all the focus on the space station this week, the question is open whether a) the discussion about possible abandonment was sufficient for the fulfillment of the linguistic 'blip' which will mark the start of the big releases between now and September 19th or b) whether the computer repairs will turn out to be a short term fix with actual abandonment still to come.  Time will tell, so to speak.

 

A reader notes:

"You may already know this George, but the Hopi have a series of events which were prophesied to them, leading to the end of this world/civilization/way of living, lacking now only two events: the fall of the house from the sky, and the Blue Star. There is no consensus on what the Blue Star is but I'd guess space station would fit.. "

I was kind of Hopi'ing no one would mention that....

 

The Wars

 

But, you can skip all of that because it's all low-level stuff compared to the rewarming of the Cold War going on in Europe where Russia/European/US talks about conventional forces has not been going well at all.

 

Positioning for the Crash

Maybe I'm a little suspicious, but when I read that presidential wannabe/consummate insider Hillary Clinton and hubby Bill have dissolved a blind trust and are going to ALL CASH AND BONDS, I get really worried that Trader Ross may be right with his last-gasp Fourth of July market peak prediction. Just a co-inky-dink, I'm sure.  Right?

---

Trader Jim, meantime (who also noticed the Clintons may be the "first rats to jump ship", before the PTB crash the markets late summer) advises not to read too much into the report about the Swiss selling off a pile of their central bank gold.  instead, he says to read the Jason Hommel comments at GoldSeek.com where he lays out all kinds of worthy things to know about gold's present and future direction.

 

Government by the Deaf

Once killed, there is once again talk of another run around the will of voters with a rewrite of the felony forgiveness plan.  Go ahead, ask yourself:  When the "first and only ever" amnesty for illegals was passed in 1986, who has been sitting on their butts for 20-years not enforcing the duly enacted Laws of the United States which make illegal entry /border crossing a felony?  Answer: The Shadow government of "administrators" who form the second government - and arguably the most powerful part of the PTB paradigm enforcement squad.  'Scuse me while I barf.

 

Meantime, the Sorcha Faal article about how Russia might recognize California as a separate nation as retaliation for our pimping Kosovo independence is worth reading, too.

 

Another Beef

While there's lots of talk about the emergent global food crisis (remember, the encounters with scarcity meme is still building with a long ways to go), the first hand report from a reader hints that we should maybe raise our own beef sooner than later...

"I have some news about what is going on with beef cattle in the central US, at least in middle Tennessee.

I live in a small town, Liberty Tn. and it is mostly farming and cattle. I go to the restaurant every morning in town to socialize with the towns people. The last few days there has been some interesting talk about the farming situation here. We are in a drought here and there is not enough hay to feed the cattle to there prime before going to market. So the farmers are selling the cattle early + selling their hay to other farmers just to break even. We have only had about 1 inch of rain in - months.

A story yesterday at the restaurant was about the local cattle sale this week. The sale barn is abut 5 miles from here and they hold the sales on wed. of each week. The sales typically last about 6 to 8 hours. This last wed. there were so many cattle that the sale went a record 3+ days, never happened before that anyone can remember. On the 3rd day the buyers stopped buying, with thousands of head not sold. Needless to say, the prices kept falling as the buyers were reluctant to purchase more and more due to storage.

It looks to me like in the short run the beef prices might fall a bit, but the long term looks dismal as there will surely be a shortage of beef later this year.

I also know the publisher of Angus News, published just a few miles from here. It is a new paper for the Angus beef industry. He is saying the conditions in the west are about the same as here and cattle are being sold off early. I don't know about your area, but with all the rain you have been having, can the farmers get in the fields to cut hay? Could cause the same conditions, just wet instead of dry.

Just wanted to write you about this, FYI, because of the other stories you have run about the beef industry.

(personal comments removed)  Hey, I saw you on the History Channel the other day in the 2012 documentary.

Just in case you get all the way down here, do the web bots have anything to say about 2012?

Thanks for your site."

Yes, they do say some things about 2012 - and if you're still alive then...well, let's not go there.  We have enough on our plate from now through year end: economic collapse looming as possible to likely, a bunch of huge quakes (3) and then the "global coastal event" next year (or beyond, remember, the bigger an event, the more lead time we seem to get).  Just do your weekend chores, huh?

 

Gun Show Report

The ammunition shortage we started tracking seems to have lessened just a tad - and maybe only here in the nation's heartland, as explained in this reader report:

"Hi George, Attended the Elk City, OK gun show this evening. They now hold the gun shows Friday evening, Saturday and Sunday. A ammunition dealer there that I have dealt with for several years told me to expect ammunition to double in cost every 7 months from now on. He said, "you should be getting your hands on what you need now".

I did see a good quantity of military calibers both NATO and Soviet. Some in the original Soviet spam cans. The NATO calibers, .308, 30-06, 9mm and .223 were all foreign manufacture. I saw not a single US produced military round of ammunition. Although there were a small amount of commercial 9mm available.

I bought a small quantity of silver dollars at $1.25 over spot...."

Think Under Denver's Airport

With the linguistics pointing to a space-based something in our future and a global coastal event, I notice the Jim McCanney's web site is now talking about the movement of some key government operations to higher altitude inland locales.

 

Peoplenomics: Two Unseen Dangers

With my computer crashes this week (can you say 'attack'?) this week's report will be a little shorter than most times.  Nevertheless, my friends with the predictive linguistics have sent a few hints along about where life if going - and the Sunday CNN "Special Investigations Unit" report "We Were Warned" - which Frank Sesno did a great job with, put a number of thing into perspective.  We need to focus on climate change and rain on the one hand, and water vapor on the other as the two major positive feedback loops which will have their way with your life, sooner than you might be reading in "offishal" press report - better labeled I think as LSM - LameStreamMedia. As Jimi Hendrix sang in "All Along the Watch Tower"..."so let us stop talking falsely now, the hour's getting late." 

                   More for Subscribers      Subscription Information

 

"No Incumbents in 2008" Bumper Sticker

To get your "No Incumbents in 2008" click here.  They're just $5.  And no, that would not keep Ron Paul from running for the White House - he is not an incumbent there - having never held that job before, got it?

 

Telefriend

You might want to tell all your friends that you read UrbanSurvival or Independence Journal.  That way, they'll marginalize you as a "nut job" and won't bother speaking to you about jobs, the economy, and such. Click here to warn them.

 

Be a "Third Worlder" Now!

Order our handy ebook "How to Live on $10,000 a year or less - and learn to live like a Third World person now.  It's coming anyway, with big job layoffs this summer - and by ordering now, you can beat the rush...

 

Last week's report is here.

 


Friday June 15, 2007

A Timing Tip

The Space Station is making headlinesThis is a huge deal beyond your wildest:  I keep forgetting to mention that in one of the past web bot runs (I think it was in the temporal study focused on the period Summer '07 to December 07  (ALTA Report 1207 if you subscribe to the www.halfpasthuman.com series, or the one before that) it's a  pointer toward: "The fun starts just past here" with global calamities, earthquakes, yada, yada.  In the predictive linguistic modelspace, the crap hits the fan shortly after the International Space Station is abandoned.  That's what the time monks call a temporal marker in modelspace because it occurs just before the really messy period this fall/winter gets underway.

 

So....that's why you want to follow the power and computer problems of the ISS extraordinarily closely.  If they have to bail out, then it's time to top off supplies and get ready to duck/recover from whatever's implied in all the terra intrudes stuff/global market calamity, and all the rest of the gloomy stuff that comes along with 2007 being the year of "emergence" of [devastating] change.

 

My thoughts?  Well... based on how accurate the data runs have been, I'd say there's a 99% chance the ISS will be abandoned - it's there in modelspace as I read things; not that I'm a time monk.  So there's one headline that when it crosses should not come as a surprise to you.  Those [huge] gamma ray bursts lately may be the source of the ISS problems and the link between them and earthquakes is a very interesting area of speculation. So, just a matter of when, not if, to me anyway...

 

Quaken

Say, here's a reader who's coming along the 'gittin it' path as we've been telling you what our linguistic time machine has been predicting for later this year: Huge earthquakes before the year's out.  Writes he:

"George, These daily EQs are getting are getting pretty powerful. It used to be hard to find any above 4 on a regular basis. Something big must be causing all this energy release..... Andrew

http://www.emsc-csem.org/index.php?page=current&sub=filter&min_mag=5&view=1 "

CPI Happy Hype

If you believe in fairytales, here's another one for you:

"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in May, before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The May level of 207.949 (1982-84=100) was 2.7 percent higher than in May 2006.

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 0.8 percent in May prior to seasonal adjustment. The May level of 203.661 (1982-84=100) was 2.8 percent higher than in May 2006.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 0.4 percent in May on a not seasonally adjusted basis. The May level of 120.032 (December 1999=100) was 2.3 percent higher than in May 2006. Please note that the indexes for the post-2005 period are subject to revision."

I am rolling on the floor in tears over this one!  Inflation up 2.7% for the year?  What planet are we talking about? 

 

Of course, the soft pedal is that inflation is up more than 1.1% in the last two months, an annual rate of nearly 6.5-7% range.  But, that's just me on coffee.

 

Don't forget, these figures are from the same government that has started putting gasoline sales into the retail sales figures to puff them up.  Touted as up 1.4%, ex gasoline prices they were up 1.2% last month.  Ain't this grand?  I would LOVE to get hold of the pre-1967 market basket data and see what that costs today to see how crooked (if at all) things have become.  That was back when they measured a gallon of whole milk, a [pound of a specified meat and so forth.  None of these hedonic corrections.  That was also back when productivity was measured as real output, not implied by a change of processor speed - I mean come on, did your productivity double when you started running that Dual Core machine?  Mine hasn't.

 

Nevertheless, Trader Ross who has been sending me notes about how the market will peak around the Fourth of July and then the massive decline starts, will no doubt be basking in profits today with the pop at the open.  As a recovering republican/recovering options trader, I admire his accuracy.

 

The Zeppelin in the Inbox

Extra coffee rations all around, there's almost too much to cover, but I'll take a whack at it.  Where to start?  I suppose the economy and then global picture would be a good starting point.

 

Buried, but overlooked in Thursday's report: Trader Jim sends an email (along with his regards) and notes that:

"We had a Hindenburg Omen today (6/13/2007). Another one within 36 trading days means that it is confirmed. Stock Market declines usually follow afterwards. Sometimes minor corrections, sometimes a crash. Do your own due diligence."

A fine idea.  Click here if you don't know what a Hindenburg Omen means.  Needless to say, this event has caused a fair amount of conversation around the 'net (an example here) among savvy traders.

 

There are a couple of things going on which may not be making headline in LameStreamMedia, but which are pushing on the world's strings.  One of these is recent events in commercial mortgage backed securities (CMBS), those marvelous collections of debt which are based on the notion that if you have a whole bunch of debt, roll it up in a ball, and discount it appropriately, it will act like a bond.  Well, that's the theory anyway.

 

Now, the problem which is coming down the track toward us like a runaway train is that what happens when these CMBS get 'unrolled'.  An even more interesting question is "Who owes your mortgage?"  I mean really owns it?  If I own a mortgage, and it gets sold (sometimes without notice to me) to some investment group that's rolling up these balls of debt to pedal like bonds, then do I have to make the payment to them bond holder or to the mortgage company?  And, should I have the foolishness to stop making payments, can the mortgage company collect, or is the holder of the debt someone halfway around the world who bought the pseudo-bond?

 

An interesting question - and one which real estate lawyers I'm confident have papered over as best they can, but you see the question I hope?

---

I tend to ask a lot of difficult questions.  Want another?  OK - try to wrap your head around this one:  "Should government workers be allowed to vote in elections which decide positions that will set their salaries?"  I know this is a tangent, but if I worked as a school teacher, and wanted to get super active in a school board election (which would set my salary) wouldn't that, in effect, be a conflict of interest?  Just another something to noodle on while you finish up the work week...

 

Truths of Money

Here's another item from the overflowing inbox.

emailfrom: tipster@urbansurvival.com 

emailsubject: Hot News Tip

tiptype: Financial Story

t1: http://video.google.com/videoplay?docid=-515319560256183936&hl=en 

s1: Got 3 1/2 hours to kill George? Me either, but this was well worth the viewing. This is a fascinating look at the issuance of money for the last 300 years, and how the boom/bust cycle is engineered. Conspiracy theory perhaps, but sure as hell looks familiar.

Whirled News

Ah yes, the wars, the bankers, the resources.  Some highlights, then an interesting pointer:

 

Why would we "warn scientists" and not everyone?  (Just kidding, having too much caffeine here,) The point, which I've made ad nauseam is that whether the world hit peak oil in 2005 (as Brown/IEA figures suggest), or whether it's coming in a year or two and a half which is how close 2010 is, is like splitting hairs.  When we get there, if we haven't already, everything goes over a cliff.

 

Quick!  Name that cliff!

 

Give up?  Olduvai. If you don't know the personal implications of Olduvai theory (which we'll get into for Peoplenomics.com subscribers this weekend) you should maybe just go back to LameStreamMedia programming and stop that sense of curiosity before it gets you in some real trouble.

 

Of course, there's a lot more to the news than is allowed to meet the public eye.  Occasionally I get my reports from a source who is called the "Wandering Texan" and today there's this curious email which I think is OK to share:

"Sir

I was suppose to pass along a message but I got side tracked with that virus thing. I am Ranger Mike, hacker supreme for the Wandering Tx Group.

Tx is in Paris recovering from a couple gun shot wounds he caught in Africa. Supposedly he was doing that John Wayne thing, out the door of a Hum-V. I'll bet you a month's pay it was some p*ssed off husband. Old dogs new tricks and all.

Anyway, TX says to watch Africa. There are more uniformed US troops there than anyone suspects.

Also, you recall a story TX passed along to you last spring about huge amounts of drug money that formerly passed through Africa on its way to Europe. The money had started vanishing in Africa and not moving on to Europe. Now recall you ran a story last June or July about how on a single day the Jap. govern. had to inject trillions of Yen in to their economy to keep it from collapsing Two days after that the German Govern. had to do the same.

Well what our Dutch bankers just got around to telling us is this near collapse of the worlds major economies was a shot across the bow. One Individual or cartel some where in Africa injected an enormous amount of money in to each countries economy on each day causing this near collapse. What does this mean? It appears that not since the 1700's one individual or small cartel now has enough financial clout to hold an entire nation's economy hostage. The money guys say that it was just a warning, a small flex of muscle. They are worried.

Ranger Mike, Home Base Wandering TX"

(Hope WT figures out what the word "rest" means..but that's a longshot.) The truly conspiratorially minded would then flip over to the report that Switzerland is planning to sell 250-tons of gold and scream "Oh Sh*t!  I get it!"  So again, I'll just point at the space station and say "Watch that  And stay out of harms way 'cuz terra intrudes soon, don'tcha know?" 

 

LameStream Lockdown

I don't know if UrbanSurvival, Peoplenomics, or IndependenceJournal are available to America's armed forces personnel.  While I have been critical of the policies and lies of the current administration (bait and switch war and all) I am 100% supportive of our men and women who serve our country. With this in mind, I'll be very interested in hearing what the Senate hears as they start asking why service members don't have full access to the internet.