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Published Monday through Friday about 8 AM Central Time Except Holidays

 

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Politics, Data Mapping, and What Comes Next

Yeah, about the only thing that seems to be holding the stock market above the abyss of a larger degree than the horrific events of a 1930's style Crash continuing would seem to be the political events of next Tuesday.  You see, there's quite an incentive for the PowersThatBe to try and heap more cognitive dissonance on you - a member of the already confused public. 

 

I think it will go something like this:  If Obama wins, the market will decline and some pundit or other will pronounce that the renewal of the market decline will show America has 'no faith' in the Obamanation.  What you'll be expected to overlook  that if Obama wins, the American public will have just shown its confidence in O's ability in voting.  Think of it as scapegoat plan #1.

 

On the other hand, should McCain win, a different kind of scapegoat will be trotted out - the likely scapegoat will be abuses in lending to unqualified folks, contributing to the Housing Bubble Collapse.  Further, it will be held that the same folks that caused the problem can turn around and fix it.  Riiiight...

 

In this latter case, what will NOT be reported is that a) the entire cost of the sub-prime losses so far is less than $85-billion according to my well-placed friends in the fixed income markets, and further, what those 'pundits' (to b e generous) of the tax & oil party who are trying to dredge up the Clinton era Community Reinvestment Act (CRA) as an excuse, don't tell you is that virtually none of the CRA loans were securitized because they were (and are) zealously held onto by originating lenders because the whole purpose of the CRA was to prevent red-lining so banks with a presence in high minority areas hang onto those loans because they're evidence that a bank is not red-lining.

 

As long as the coffee holds out, I might as well mention one more 'great lie" by the tax, war & oil pundits - namely the CRA loans are performing better than sub-primes, LOL.   But, of course, you wouldn't suspect that, not having the names of people managing billions in your Outlook file....

 

OK, so it's a world of lies. What else is new?

 

But, as you can see on the following chart, Hank and Ben will have earned their keep by the TOP (Tax & Oil Party) brass because the market hasn't collapsed, at least yet.  I sure wouldn't put much stock in stocks, so to speak, once we get past next, oh, Wednesday, or so...

 

 

Elaine and I used to live in (Boca Raton) Florida, when I was working for an education management software outfit - and because of that, we voted in Florida back upon a time.  So far this week, the TOP there has called me no less than 5-times to remind me to vote in Florida - a state I haven't set foot in since the early days of January 2003, and more amazingly, I got to cards in the mail this week telling me that to 'save the economy' I should vote to the McPalin ticket. 

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A number of folks have asked "With the time machine/predictive linguistics" don't you guys already know who's going to win the election, so why not just tell us?"  Well, t'wouldn't be right. So I'll just wink and say that a while back there was all this stuff about election being contested into January (and a flavor of something more controversial than Florida in 2000, but who cares about politics?  Yes, Phillip Berg is reportedly going to the Supreme Court for an emergency stay.  So yes, this could perk right along right into the mess that's been in the linguistics, especially if the decision by the SUPCO comes after Tuesday.

 

On both sides, there's a fair amount of worry / scare-peddling that if the McPalin  ticket wins, rather than JoeBama, that America will somehow slide into a period of social upheaval.  Not only have I received right-wing emails telling me 'If Obama wins, there'll be trouble" but also notes from left-wing supporters.

 

There's also (not unexpectedly around here)  'violence ahead'  media coverage that's using the "R" word.  Example? Sure: "Erica Jong tells Italians Obama loss 'Will Spark the Second American Civil War. Blood will run int he streets'".

 

What's curious, perhaps because I occasionally get a little more insight into the HalfPastHuman Reports ( www.halfpasthuman.com ) which start up with the 0909 ALTA sequence this weekend, is that what I'm seeing is the PowersThatBe are 'preloading' the public preconscious in order that when the real violence shows up in mid 2009, there will be someone to blame. 

 

What the PTB are scared to death of, is that the MainStreamMedia (MSM) won't be able to keep a lid on the real cause of the pending "Summer from Hell" next year, which will much more likely result from continuing/increasing foreclosures and tax increases in order to fund the bailout of the Bankster Class by the increasingly unemployed.

 

It will be headlines like New York "AG Cuomo seeks info on bank bonuses" amidst reports that "Bonus Backlash Brewing" shows up along with headlines that the m "Banking panel chairman says using bailout funds for bonuses against law."

 

Like The Bond Dude is fond of saying "Money doesn't know where it comes from".  And it's my experience that a good accountant can make it come from almost anywhere you want...

 

So is there trouble ahead in America's future?  Yeah - big time.  Will it likely be over the Presidential outcome?  Sure!  Courts need cases, right?  But notice that both sides are scare-mongering and then look behind the scenes aways to see the Hegelian Dialectic at work.  Ask yourself "Who would be trying to orchestrate such divisiveness to cover their tracks?"  FTM - follow the money, or at another level, follow the power/control. 

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Oh!  That reminds me to pass on the coolest new site I've found in a hell of a long time - you have to click over to "www.theyrule.net" because you can do your own "power maps" of who has what interlocking directorships to what.

"A Brief Explanation They Rule allows you to create maps of the interlocking directories of the top companies in the US in 2004. The data was collected from their websites and SEC filings in early 2004, so it may not be completely accurate - companies merge and disappear and directors shift boards."

Wow!  Just for fun, you can take some key 'establishment' organization (like the Council on Foreign Relations, Yale University, etc...) and display its board of directors, and then map how that BOD has 'interlocking directors' with many of America's biggest corporations.  Find how interlocking directorships let companies 'communicate' at an organic level between boards of directors.

 

No, this is NOT conspiracy theory stuff. Scarier than that:  This is data mining is a serious way.  A sort of 'everyman's version of the social network analytics' that anti-terrorist outfits use to map personal contacts of anyone they feel like...to protect us, of course.  It's the kind of social mapping that could be generated by talking to someone on the phone...give's you a feel for how interactive social maps work, except you don't have access to the kind of drill downs (into phone company records, emails you've sent to who, and so forth) that the alphabet agencies have.  Nevertheless, it's pretty cool on this limited basis to seek how the PTB are 'hooked up' socially.

 

Seems to all be drawn from publicly available data.  And it may have some practical applications.  Say you are graduating from educational institution "Y" and you want to go to work for big pharmaceutical company J, or Bank C, who would be the 'right' person to be working your application who sits on both boards of directors?  Or, is there a person who is an intermediate step?  These are the folks you want talking about you over tennis down at 'the club'.  Got it?  This is the map to the 'one phone call and things happen' people.

 

Takes a few minutes to get used to the interface, but once you do?  Secrets revealed - the personal contact topology of what one could argue is at least the  more or less public layer of the PTB.  Massively fun.

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Meantime, the "Evidence of a recession piles higher with new data" out Friday.  Denial, is strong as ever and the Tax and Oil Party's recent love affair with socialism  under the guise of 'saving the world from economic collapse' isn't universally decried.  The PTB are winning.  Like band investments shouldn't have penalties.

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And, just to 'tie the knot' on a topic I told you about some weeks back: Remember the spin and rewriting of history as "bailout" was to be replaced in public thinking by "rescue plan."  When we first looked, the use of "rescue plan' was under 20% in news stories.

 

As of this morning, bailout in the Google news engine brings 118,529 hit, versus rescue plan with 83,321 hits for a total of 201,850.  And that means 'rescue plan' is up to 41.3% in use.    The language shift ex post facto rewrites history just so.  I reckon by the middle of November, or mid December at latest, the majority of written references will be to 'rescue plan' and the perps of the "bailout" scam will have pulled it off.

 

Might want to think about that Tuesday, if you haven't already voted.

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One other note from 'around the ranch':  My Ron Paul sign was stolen!  At least I didn't see it down on the corner when I came back from a supply run to town this week.  Maybe it now has collector value.  Like the Constitution?

 

Pensions Going Poof Department

Mish's Global Economic Trend Analysis figures we about to se the "Pension Time Bomb Explodes in US and Canada." Think of it as 'retirement shrapnel'; from market implosions.

 

Hot Virus Alert

"Stealthy Trojan Swipes Bank Long-ins, Financial data from Thousands..." says e-Week.

 

Next War'n

Reports are that Syria is massing troops on the Lebanese border.

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Hey!  Speaking of war and such, you did see the story "U.S. and Soviet spooks studied paranormal powers to find a Cold War advantage."

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Say, who spent my portion of the peace dividend that was supposed to pop up at the end of the cold war?

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Right wing has the lead in Israel's "early elections" going on.

 

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Coping:  Reading China's Tea Leaves

This email was a nice way to start off the morning...

"Say there Ure, there is yet a third option for those of us Not living in US at this time, but still reading your daily learned ramblings. And that is........we fortunately do not have to change our clocks, something I wish could happen some day in the States. I have been reading your site now for about a year, and as it sounds with many of your other devoted readers, my day doesn't start until I do. Except now I read you between 9 and 10 pm in the evening of the day you are beginning.

Up until August, I had been your Juneau, Alaska reader, now I have relocated to Kunming, Yunnan, China with my daughter, adopted from there 9 years ago. I have had no problems accessing your site even during the Olympics period when extra scrutiny to sites seemed to be taking place. I, like some of your other readers, am happy to report my >$half a mill nest egg has been out of stocks since early summer due to the excellent information you share daily. Thank you Thank you Thank you. I worked with census, BLS and BEA data for AK for close to 30 years and occasionally share insights from your pages with those still producing it back there. You have a refreshing perspective and the day I first found out about your site, it was a huge AHA moment. I knew there were folk who thought the way I did, but you have reassured me they really do exist and are all across our country.

I wonder at times how some of the future events anticipated for Nov thru next summer will affect us in our current location. I feel amazingly safe here, and hope whatever is ahead that being out of the country will not cause us any harm. But having been brought up by strong hard working depression era parents, who THANKFULLY taught us how to think, use our common sense, and not be afraid to get out hands dirty, I rarely feel unable to figure out how or what to do in any circumstance.

Thanks again for your insights, great source links and comments from time monks. Collectively it is a great daily read."

Good to know that there is still access from China.  As to what's ahead there, no doubt there will be some fallout as the recession digs in an America slows its import of goods from there.  however, not sure which way the socail/economic impacts will play out.  There's a case one way that says there will be unemployment as factories being to slow and workers won't have as much to do.  But, on the other, the reduction in foreign demand may contain costs such that people in China could actually leapfrog into a very competitive standard of living.  That's assuming the whole planet isn't glassed over by Middle East 9and near-by) oil wars gone horribly wrong...but that doesn't seem to be in the cards.  Management problem for the Chinese government, for sure.  What are they going to do with container loads of US debt paper?

 

Must Read List

OK, Robert Felix is back on the list after this email about his new book:

"Darwin's theory of evolution was wrong, but not for the reason that you think.

Tunguska was NOT a result of a meteor impact and neither were most of the others that we think were.

The earth is in the process of moving to a magnetic reversal or excursion(short of a complete flip). We are past due for it. (Maybe that's what the Mayans knew and their calendar warns us that is about to happen in 2012)

Robert Felix is no flake.

Read his new book, MAGNETIC REVERSALS and EVOLUTIONARY LEAPS

It is incredible reading."

Order page is http://www.iceagenow.com/Order_Book_Magnetic_Reversals.htm   More book information here.

 

Oh yeah, be sure to put in your name if you're one of the first 500 and want an author autographed copy...

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Send snip and save items to george@ure.net.  Or, drop me a note so I can give you directions where to have that Brinks truck loaded with money drop it off, LOL.

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Around the Ranch: Tet?

Once again, as I wrap up a Saturday morning report, it's sounding like the Tet Offensive getting underway as local  folks are out tuning up their long arms for the pending opening of deer season.

 

The time change tonight and my starting to work out around the property dressed like a highway worker has me wondering how come someone hasn't invested a strobe helmet for working in dusk hours.  I flashing light, producing some loom onto trees and haze around dusk, would seem to me to be a great safety aid.

 

I still don't have the balls to put up my sign "Incoming fire will be returned" down on the main road.  I doubt the local sheriff's office has the same sense of humor I do, and attorney bills are no laughing matter.  My UAV and rolling tape to get a license plate might be the only answer to the poachers...

 

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Nightmare on Wall Street Part Two:   The "Paradigm Collapse"

With apologies to "Nightmare on Elm Street" author Wes Craven, we take up this weekend the really scary part of "Nightmare on Wall Street Part Two: The Paradigm Shift" written in what I hope will be seen in a somewhat humorous light, unless of course you're reading this week's report in your car parked outside a Starbucks to surf their wifi because you no longer have a home.  In that case, you've already lived through "Nightmare on Wall Street Part One: Revenge of the Gambling Bankers."  If you think back, you'll remember that Part One dealt with the awesome rise of debt-ridden riches, the infinitely inflatable 'service society' and how Part Two began on October 7th, concurrent with Iceland's economy going down, marking the more or less official start of Global Economic Collapse.  Unfortunately, you ain't see nuthin yet because Part Two is just getting underway.  The main plot element, and despite the bribes and prayers of the Fed and Treasury is what?   The disappearance of money...  and you thought Wes Craven was scary?  I figure Craven or Stephen King would make a better Treasury Secretary - at least you'd know what to expect - a scary/bad/OMG ending.