Huffington Post - FERC Accuses JPMorgan Chase Of Manipulating Electricity Market. Just assume every market is rigged.
PhysOrg - Human hybrids: a closer look at the theory and evidence. There is a pig-chimp hybrid theory, that the two species interbred at some point long ago. It is non-sense and nobody has been able to replicate it. The real story here is that we can make hybrids using genetic manipulation using science now.
Natural News - Bank of America whistleblowers say they were told to lie about mortgages. The thing to remember is that these banks were denying refinancing on loans that the were processing for the Federal Government (Fannie Mae, Freddie Mac which own 80% of all the loans) because they made money for processing them more than if they refinanced them.
Yahoo - Reuters - Barclays seeks $9 billion from shareholders to appease regulator
.
Yahoo - DailyFX - Aussie, Euro, Sterling, and US Dollar Primed for Big Moves This Week.
Yahoo - Reuters - Obama to propose 'grand bargain'. Basically, the President is saying we will cut the corporate tax rate if they promise to create jobs.
The Telegraph - Apple's new iPhone 'has fingerprint sensor'. Heck, wrote about when they bought the company that lets them do this. This is not news; but, just the direction we are going in.
Fox News - Mercedes-Benz integrating Google Glass into its cars.
Activist Post - DARPA to Genetically Engineer Humans by Adding a 47th Chromosome. The article has links to the information. The government has sent out a request for bids for people to find ways to add genes to humans. It is coming.
US National Library of Medicine, National Institutes of Health - Refined human artificial chromosome vectors for gene therapy and animal transgenesis
Wednesday, July 31, 2013
A Financial Video
This video is an interview with a woman named, Catherine Austin Fitts, who was an assistant housing secretary under Bush.
YouTube - Catherine Austin Fitts-The Big Question is How Violent will Things Get?. It is about 40 minutes and very informational.
YouTube - Catherine Austin Fitts-The Big Question is How Violent will Things Get?. It is about 40 minutes and very informational.
My Surgery Went Well
To my friends and readers some good news. I had a minor surgery today and all went well. As a consequence of the surgery, I can only sit so long and may not be able to post much; but, I am thrilled to have it over.
UPDATE:
I put out a couple of quick posts, I hope you find them of value. Now I want to talk about BOOTY.
I am trying to keep my mind off of my pain. LOL. I have been watching America's Got Talent and there are a couple of young men that I have been rooting for. A tremedous attitude and a great shtick. They are called "Tone the Chiefrocca". This is a couple of really nice kids who had a great idea. They aspire to be one hit wonders. They did a fantastic job at playing their gig out and my hat goes off to them. I want to posts some links to how they evolved on the show and their incredibly gracious approach towards not making it to the finals. The best part of their joke is that they get it is a joke and played it masterfully.
YouTube - Tone The Chiefrocca, 27 ~ AGT 2013 Los Angeles Auditions
YouTube - Tone The Chiefrocca BOOTY America's Got Talent 8 Live Show - 30 July 2013
nbc.com - Week 2 Eliminations: Judges' Elimination
Please watch the nbc video, these two young men have the greatest attitude in the world. They know they are playing a big joke and it went further then the expected and the truth is, it is not a great song; but, they sure are fun. They said they just want to have one hit, I think they have the presence and the humor to have a career. I think they should consider doing other people's songs or doing Rap comedy songs. I wish them well.
Following this line of thinking. As I was having my bottom worked on today, I used an old line from a movie with my doctor as the operation was being done.
YouTube - "Alright Mr. DeMille, I'm ready for my close-up".
I don't know if it is a good idea to make your doctor laugh while he is doing a medical procedure in a sensitive area; but, I am the Pimpernel and it helps me through such times. I had considered singing "Getting to Know You" during the operation; but, the other thought just came out, so to speak.
It is sort of strange being in a dress and naked from the waste down with a lovely young nurse (she was so fantastic) and an Asian doctor both looking deep inside me. The poor nurse couldn't figure out why with my blood pressure I hadn't been hospitalized more often. ROFL. Heck, she couldn't figure out why I wasn't hadn't had more heart attacks. It is just not my time yet. The doctor was fantastic also. He was gentle and had a great "bedside" manner. After the procedure, I left as quick as I could.
I don't like medical things and certainly not when they are on me. I cannot tell you how nice it was to get so much support from my co-workers. They have seen me go through much and this was relatively nothing. What do I say about people who actually care about how my rear end is doing and me? I had a minor procedure with an 80% chance of complete success. If it fails, I may have to have another. Okay, the truth is, I will have to have another anyways because they can only do so much at a time; but, I was dealing with cancer and got off easy. My primary doctor likes to tell me how I dodged a bullet a while back, he says I had a heart attack but didn't die. I already knew that because I am still writing.
For my dear readers, I went five years hiding from doctors and am now following their suggestions, mostly. As I go down this path, I have some more procedures to follow. By the way, I smoke and they x-rayed my lungs and they are in great condition. It seemed to annoy my primary doctor. He is so sincere and I am so cavalier about things. He does not know of this blog and I will not tell him, he is too sincere. He wants to scare me, in a nice way, and I really like him and there is no scaring me.
I am going to continue seeing my doctors even though my reason for going in has been worked on today; but, I will go in for the things that really scare them. I will not do everything they tell me, it is my body and I intend to be involved in the decisions. Thanks for being here.
UPDATE:
I put out a couple of quick posts, I hope you find them of value. Now I want to talk about BOOTY.
I am trying to keep my mind off of my pain. LOL. I have been watching America's Got Talent and there are a couple of young men that I have been rooting for. A tremedous attitude and a great shtick. They are called "Tone the Chiefrocca". This is a couple of really nice kids who had a great idea. They aspire to be one hit wonders. They did a fantastic job at playing their gig out and my hat goes off to them. I want to posts some links to how they evolved on the show and their incredibly gracious approach towards not making it to the finals. The best part of their joke is that they get it is a joke and played it masterfully.
YouTube - Tone The Chiefrocca, 27 ~ AGT 2013 Los Angeles Auditions
YouTube - Tone The Chiefrocca BOOTY America's Got Talent 8 Live Show - 30 July 2013
nbc.com - Week 2 Eliminations: Judges' Elimination
Please watch the nbc video, these two young men have the greatest attitude in the world. They know they are playing a big joke and it went further then the expected and the truth is, it is not a great song; but, they sure are fun. They said they just want to have one hit, I think they have the presence and the humor to have a career. I think they should consider doing other people's songs or doing Rap comedy songs. I wish them well.
Following this line of thinking. As I was having my bottom worked on today, I used an old line from a movie with my doctor as the operation was being done.
YouTube - "Alright Mr. DeMille, I'm ready for my close-up".
I don't know if it is a good idea to make your doctor laugh while he is doing a medical procedure in a sensitive area; but, I am the Pimpernel and it helps me through such times. I had considered singing "Getting to Know You" during the operation; but, the other thought just came out, so to speak.
It is sort of strange being in a dress and naked from the waste down with a lovely young nurse (she was so fantastic) and an Asian doctor both looking deep inside me. The poor nurse couldn't figure out why with my blood pressure I hadn't been hospitalized more often. ROFL. Heck, she couldn't figure out why I wasn't hadn't had more heart attacks. It is just not my time yet. The doctor was fantastic also. He was gentle and had a great "bedside" manner. After the procedure, I left as quick as I could.
I don't like medical things and certainly not when they are on me. I cannot tell you how nice it was to get so much support from my co-workers. They have seen me go through much and this was relatively nothing. What do I say about people who actually care about how my rear end is doing and me? I had a minor procedure with an 80% chance of complete success. If it fails, I may have to have another. Okay, the truth is, I will have to have another anyways because they can only do so much at a time; but, I was dealing with cancer and got off easy. My primary doctor likes to tell me how I dodged a bullet a while back, he says I had a heart attack but didn't die. I already knew that because I am still writing.
For my dear readers, I went five years hiding from doctors and am now following their suggestions, mostly. As I go down this path, I have some more procedures to follow. By the way, I smoke and they x-rayed my lungs and they are in great condition. It seemed to annoy my primary doctor. He is so sincere and I am so cavalier about things. He does not know of this blog and I will not tell him, he is too sincere. He wants to scare me, in a nice way, and I really like him and there is no scaring me.
I am going to continue seeing my doctors even though my reason for going in has been worked on today; but, I will go in for the things that really scare them. I will not do everything they tell me, it is my body and I intend to be involved in the decisions. Thanks for being here.
Tuesday, July 30, 2013
The Death of Investigative Journalism
This blog did not start out with talking about news stories. In fact, it began talking about philosophy, religion and metaphysics. It was not intended to be instructional, it was more about just asking questions and looking at he possible answers. Once I felt I had exhausted those issues, I destroyed all of the posts. I couldn't even begin to tell you what the second version was about and eventually destroyed that version. The current version seems to be about the news.
I read the news and look for stories that others might not have paid attention to. Frequently the stories, in and of themselves, are not very exciting. It requires looking at the possible implications that is much more interesting. While reading news from around the world to find things that might affect us in the future, I discovered that the mainstream media is failing miserably and says pretty much the same thing in every city, every state and even most western countries. What I do not see anymore is what used to be called Investigative Journalism except from alternative media which tends to be so heavily biased as to lose credibility.
According to EBiz which looks at internet traffic monitoring sites, it shows what the top 15 news sites are. eBizMBA - Top 15 Most Popular News Websites | July 2013. Yahoo News ranked number one. I often link to Yahoo News and find it a good collector of articles; but, the vast majority of it's articles are simply republications from other sites. The next most popular are CNN, MSNBC, Google News, the New York Times, Huffington Post, Fox News, Washington Post, LA Times, Mail Online, Reuters, ABC News, USA Today, BBC News and Drudge Report.
All these sites are in a competition to get out the news quickly and more and more I notice that they are not having editors check what goes out and make many foolish spelling and grammar mistakes. I have no editor on my blog; but, lets face it, this is not a newspaper, has no budget, sells nothing and has no advertisements. You cannot really expect me to hire an editor.
It used to be that newspapers and news magazines would do investigative journalism and drill down into the headlines. People like Edward R. Murrow would do lengthy pieces on things that they spent months investigating. You don't really see that much anymore and when you do it is from the alternative media that frequently has a political agenda such as Alex Jones. We now have more access to news than ever in history and faster access; but, no in depth analysis. I cannot find ONE of the top 15 who predicted either the housing bubble crash or the stock market crash. That should concern us.
YouTube - Fox - 8/18/2007-One Of Peters' Favorites: Flashback Of Peter Schiff Vs. Ben Stein & Friends. Prior to the big crash in housing, some people were discussing it; but, they would always be outnumbered and ridiculed by people who really should have know what was coming.
YouTube - Ron Paul questions Alan Greenspan at joint economic hearing in 2004
YouTube - Jim Rogers "Housing will be a disaster" 5-20-2006.
There were people out there saying that the housing market was doomed; but, Greenspan and Bernanke said the market would have a soft landing right up until it crashed. The media spent more time reporting that and having wars of talking heads than doing any real analysis themselves or at least reporting what real analysis would have shown. Part of the reason is because the people reporting the news merely repeat the words of the person they believe is in charge. Mainstream media has just become porn focused on stories about some celebrity or tragedy.
The reason this is all a problem is because eventually, we don't believe any of the news and that is the same as not knowing what is going on. When an investigative journalist researches something, we should come away with information that they have independently verified and not just them repeating what they have been told. Another problem is that we focus on charts and graphs.
The financial news is the worst at using charts and graphs as they distract one away from asking the real questions about the innate value of a company. It would be like asking the Captain of the Titanic to predict how his trip would go. He would show all the charts and graphs which proved it was the best ship and all of the safety features being greater than other ships that had survived all types of problems. The same is true of the twin towers, their graph would show how they were better built than other buildings that had been hit by and survived plane crashes.
Because the media has become so ignorant, biased and centralized they have to explain how every tragedy could not have been foreseen. In Economics they have come to call these "Black Swan" events. The black swan is the idea that if you have only ever seen white swan then you could not predict that a black swan might exist and if you only bet on white swans then when a black swan showed up, you would lose all your money. It is a garbage theory and that is why we have contingency planners, they plan for the unthinkable. We have doctors who plan on fighting diseases that do not currently exist by asking what could be created, same thing.
I read the news and look for stories that others might not have paid attention to. Frequently the stories, in and of themselves, are not very exciting. It requires looking at the possible implications that is much more interesting. While reading news from around the world to find things that might affect us in the future, I discovered that the mainstream media is failing miserably and says pretty much the same thing in every city, every state and even most western countries. What I do not see anymore is what used to be called Investigative Journalism except from alternative media which tends to be so heavily biased as to lose credibility.
According to EBiz which looks at internet traffic monitoring sites, it shows what the top 15 news sites are. eBizMBA - Top 15 Most Popular News Websites | July 2013. Yahoo News ranked number one. I often link to Yahoo News and find it a good collector of articles; but, the vast majority of it's articles are simply republications from other sites. The next most popular are CNN, MSNBC, Google News, the New York Times, Huffington Post, Fox News, Washington Post, LA Times, Mail Online, Reuters, ABC News, USA Today, BBC News and Drudge Report.
All these sites are in a competition to get out the news quickly and more and more I notice that they are not having editors check what goes out and make many foolish spelling and grammar mistakes. I have no editor on my blog; but, lets face it, this is not a newspaper, has no budget, sells nothing and has no advertisements. You cannot really expect me to hire an editor.
It used to be that newspapers and news magazines would do investigative journalism and drill down into the headlines. People like Edward R. Murrow would do lengthy pieces on things that they spent months investigating. You don't really see that much anymore and when you do it is from the alternative media that frequently has a political agenda such as Alex Jones. We now have more access to news than ever in history and faster access; but, no in depth analysis. I cannot find ONE of the top 15 who predicted either the housing bubble crash or the stock market crash. That should concern us.
YouTube - Fox - 8/18/2007-One Of Peters' Favorites: Flashback Of Peter Schiff Vs. Ben Stein & Friends. Prior to the big crash in housing, some people were discussing it; but, they would always be outnumbered and ridiculed by people who really should have know what was coming.
YouTube - Ron Paul questions Alan Greenspan at joint economic hearing in 2004
YouTube - Jim Rogers "Housing will be a disaster" 5-20-2006.
There were people out there saying that the housing market was doomed; but, Greenspan and Bernanke said the market would have a soft landing right up until it crashed. The media spent more time reporting that and having wars of talking heads than doing any real analysis themselves or at least reporting what real analysis would have shown. Part of the reason is because the people reporting the news merely repeat the words of the person they believe is in charge. Mainstream media has just become porn focused on stories about some celebrity or tragedy.
The reason this is all a problem is because eventually, we don't believe any of the news and that is the same as not knowing what is going on. When an investigative journalist researches something, we should come away with information that they have independently verified and not just them repeating what they have been told. Another problem is that we focus on charts and graphs.
The financial news is the worst at using charts and graphs as they distract one away from asking the real questions about the innate value of a company. It would be like asking the Captain of the Titanic to predict how his trip would go. He would show all the charts and graphs which proved it was the best ship and all of the safety features being greater than other ships that had survived all types of problems. The same is true of the twin towers, their graph would show how they were better built than other buildings that had been hit by and survived plane crashes.
Because the media has become so ignorant, biased and centralized they have to explain how every tragedy could not have been foreseen. In Economics they have come to call these "Black Swan" events. The black swan is the idea that if you have only ever seen white swan then you could not predict that a black swan might exist and if you only bet on white swans then when a black swan showed up, you would lose all your money. It is a garbage theory and that is why we have contingency planners, they plan for the unthinkable. We have doctors who plan on fighting diseases that do not currently exist by asking what could be created, same thing.
Detroit, an analogy
So lets say that you are an underwater homeowner. You cannot afford to pay your mortgage and your property is worth less than you paid for it. At the same time, you have four kids living at home and only one has a job which pays minimum wage. Would your solution be to buy a swimming pool? That is what Detroit is doing. Rather than pay their mortgage or even feed their kids, they are going to build a $450 million hockey arena.
Monday, July 29, 2013
No News is No News, Watch the Stock Market
Still adjusting to my blood pressure medicine. Since starting it two weeks ago I find I am very tired and my brain is slow. I am pretty sure I will adjust and when they tested me today they saw real improvement although more tests to come. In the meantime I thought I might make a couple of comments.
In January the Federal Reserve will be getting a new chairman as Mr. Bernanke leaves. There are three ways this could go down. Firstly, the Fed might cut back on their bond purchases in September, three months before he leaves giving his replacement an chance to decide to continue the QE and say he wasn't responsible for the consequences. Secondly, his replacement can immediately reduce the QE and claim he never was a supporter in the first place. Thirdly, he can wait three months and then just end it. Those are all distinct possibilities.
Here is what we should keep an eye out for even more that Wall Streets volatility while this is all being discussed. Lets say that the Federal Reserve stops QE in any of the three scenarios I outlined above. Well, they are not the only ones doing it. China, Japan, the European Union and England are all actively having their central banks do just about the same thing. In fact, the Federal Reserve has loaned hundreds of billions of dollars to foreign banks. All of these currencies have been commingled. What happens if we stop QE; but, the other countries continue or vice versa? The stock market is just one market, what happens when the currency markets fail?
This is a video talking about the rigging of the aluminum market and QE. YouTube - Keiser Report Royal Goldman Household E475
In January the Federal Reserve will be getting a new chairman as Mr. Bernanke leaves. There are three ways this could go down. Firstly, the Fed might cut back on their bond purchases in September, three months before he leaves giving his replacement an chance to decide to continue the QE and say he wasn't responsible for the consequences. Secondly, his replacement can immediately reduce the QE and claim he never was a supporter in the first place. Thirdly, he can wait three months and then just end it. Those are all distinct possibilities.
Here is what we should keep an eye out for even more that Wall Streets volatility while this is all being discussed. Lets say that the Federal Reserve stops QE in any of the three scenarios I outlined above. Well, they are not the only ones doing it. China, Japan, the European Union and England are all actively having their central banks do just about the same thing. In fact, the Federal Reserve has loaned hundreds of billions of dollars to foreign banks. All of these currencies have been commingled. What happens if we stop QE; but, the other countries continue or vice versa? The stock market is just one market, what happens when the currency markets fail?
This is a video talking about the rigging of the aluminum market and QE. YouTube - Keiser Report Royal Goldman Household E475
I am stunned and really bored. Detroit.
I woke up, am getting ready to go back to bed and see my doctor today. I read this article and laughed. New York Times - Detroit Looks to Health Law to Ease Costs. I thought they told us Obamacare was more expensive than regular health insurance. Read the article and go back and read my posts, they are just lying and I said what would happen. LOL. Oh my gosh, Obamacare may save the municipal governments, what a surprise. LOL. Just imagine, everyone will love Obamacare when it means your retired civil servants get less than you promised them.
Subscribe to:
Posts (Atom)