Tuesday, February 11, 2014

Shriley Temple is Dead, the end must be near.

I woke up and am in shock. The great Shirley Temple has passed away. I don't even know how to explain to people alive today the impact she had on generations of Americans. I am incapable.

Ms. Temple-Black was the ultimate iconic figure. She gave people hope during the great depression and made faces smile. Watching her films will not explain her impact. She was as big as the Beatles when people needed hope. Goodbye Ms. Temple and thanks for all the hope you brought us.

Lots of Financial Stuff and Some History To Remember

YouTube - Why Is America in Decline? Chris Hedges on the U.S. Empire & Death of the Liberal Class (2012). A very long video by a fascinating person who explains what is happening in the world. He hits upon many issues I have discussed in the past and I am not going to bother summarizing. It is just a link.

Yahoo - Reuters - Stronger Pacific winds explain global warming hiatus: study. We all know global warming is a lie by now.

Yahoo - New York Times - Chinese Official Made Job Plea to JPMorgan Chase Chief. It speaks for itself.

Market Watch - U.S. to suspend pension, retirement funding: Lew.

Bloomberg - Housing Bubble -- or Bunk?. This article from 2005 was by "Market Specialists" and it denied that a nationwide housing market could collapse. It attempts to claim that housing price collapses can only occur if unemployment rises or wages drop while ignoring the fact that wages had not risen and all the increases in employment were in the housing industry.

Mortgage News Daily - Housing Bubble To Bust? FDIC Certainly Hopes Not. Another article from 2005 before the bust. An FDIC report that said that nationwide housing bubbles just don't happen and that is true, unless they are intentional.

Washington Post - Bernanke: There's No Housing Bubble to Go Bust. Again in 2005, our most trusted economists lying to us. The head of the federal reserve said there was NO housing bubble.

Bloomberg - Fed Officials Saw Housing Bubble in 2005, Didn't Alter Policy. Get it, they lied back in the day because they did see what was coming and their own documents prove it.

The Economist - The Global Housing Bubble. The housing bubble was global as this article from 2005 describes; but, Bernanke and others said that all real estate bubbles were local, they lied.

CBS - Housing Bubble Is A Local Matter.

Now, if they lied to you about the housing bubble why do you trust them when they say the economy is okay today? You cannot trust these people and that is, in the end, the saddest thing of all. They no longer care if we believe them. Please do not ask me how to avoid the coming economic problems, ask me how we recover from it in the best way possible and avoid marching in the direction that those in charge want us to so they can take even more advantage of us.