83 replies to this topic

[stocks]

QE Stimulus Is Failing

Socialism doesn't work? Who knew?

Was former Fed Chairman Paul Volcker correct when he said concerning quantitative easing that its "beneficial effects...appear limited and diminishing over time"?

After four-and-a-half years of QE we can draw some conclusions about QE's usefulness. First, QE can be likened to a stimulant administered to an auto crash victim who needs time and rest, above all, to regain health. The stimulus may trick the body into thinking that recovery is happening faster than nature intended, but the attempt at short-circuiting natural processes only provides a temporary metabolic boost and does nothing to address fundamental health issues.

Secondly, QE does indeed, as Volcker suggested, provide only diminishing returns. The recent experiences of China and the U.S. as well as Japan's 20% stock market plunge bear this out. QE has also failed to provide the promised boost to employment and has resulted mainly in increased consumption among higher end consumers; its benefits have largely passed over middle and lower class consumers.

Finally, the basic assumption that QE would benefit corporations, which in turn would use the increased revenues to expand their workforce, has proven to be a false. While QE did indeed expand corporate profits by boosting stock prices, those profits were used by corporations to cut their workforces through various efficiency measures. Moreover, the profits of the largest multinational firms were hoarded in overseas banks instead of being directly re-invested into domestic production. America's working force has seen precious little of those record profits while the corporate state has expanded at the expense of working class taxpayers.

As if all of that weren't enough, we're now faced with the perverse possibility that a "tapering" of the Fed's stimulus measures may result in considerably lower stock prices down the line. This in turn would undo a substantial part of the recovery on the high-end of the economic scale, thereby undermining the entire 5-year experiment with QE.



http://www.safehaven...ted-to-stimulus

In the 11 previous recessions since the Great Depression, the economy recovered all jobs lost during the recession after an average of 25 months from the point the recession began. But here we are today 67 months after the last recession began, and America under Obamanomics still has not recovered all the jobs lost during the last recession, which officially ended four years ago. By this point in the recovery under the pro-American President Reagan, jobs had grown 9% higher than when the recession started, representing an increase of more than 10 million jobs.

Real middle class incomes have declined continuously throughout Obama’s entire Presidency. The middle class has lost the equivalent under Obama of one month’s pay a year, with the decline continuing.


http://www.forbes.co...ming-narrative/

[stocks]

Our Socialist Dictator

The president does not have carte blanche to refuse to enforce the law. “Obviously,” the OLC wrote in 1990, the president cannot “refuse to enforce a statute he opposes for policy reasons.” In 1838, the Supreme Court advised: “To contend that the obligation imposed on the President to see the laws faithfully executed implies a power to forbid their execution is a novel construction of the constitution and entirely inadmissible.”

Obama’s decision to “suspend” the employer mandate of the Affordable Care Act has no support in precedent and dramatically shifts the arc of presidential power. The Affordable Care Act has no provision giving the president power to suspend or postpone the mandate. The law requires employers with 50 or more full-time workers to provide health-insurance coverage or pay a penalty. Section 1513(d) of the act — titled “Effective Date” — stipulates that this mandate “shall apply” after “December 31, 2013.”

If the president has the discretion to ignore laws that he prefers not to exist, the constitutional limits of presidential authority have the restraining power of air. President George H.W. Bush argued, unsuccessfully, that Congress should lower the capital gains rate. Under Obama’s faulty interpretation of presidential power, he should have simply instructed the Internal Revenue Service not to tax capital gains at a rate greater than 10 percent, regardless of the tax code. The Supreme Court held in 1998 that it was unconstitutional to give the president a line-item veto that Congress could override. Obama’s newfound “power” is much greater than that, because there is no procedure to override a presidential decree.


http://www.washingto...0424_story.html

[AChartist]

Our Socialist Dictator

The president does not have carte blanche to refuse to enforce the law. "Obviously," the OLC wrote in 1990, the president cannot "refuse to enforce a statute he opposes for policy reasons." In 1838, the Supreme Court advised: "To contend that the obligation imposed on the President to see the laws faithfully executed implies a power to forbid their execution is a novel construction of the constitution and entirely inadmissible."

Obama's decision to "suspend" the employer mandate of the Affordable Care Act has no support in precedent and dramatically shifts the arc of presidential power. The Affordable Care Act has no provision giving the president power to suspend or postpone the mandate. The law requires employers with 50 or more full-time workers to provide health-insurance coverage or pay a penalty. Section 1513(d) of the act — titled "Effective Date" — stipulates that this mandate "shall apply" after "December 31, 2013."

If the president has the discretion to ignore laws that he prefers not to exist, the constitutional limits of presidential authority have the restraining power of air. President George H.W. Bush argued, unsuccessfully, that Congress should lower the capital gains rate. Under Obama's faulty interpretation of presidential power, he should have simply instructed the Internal Revenue Service not to tax capital gains at a rate greater than 10 percent, regardless of the tax code. The Supreme Court held in 1998 that it was unconstitutional to give the president a line-item veto that Congress could override. Obama's newfound "power" is much greater than that, because there is no procedure to override a presidential decree.


http://www.washingto...0424_story.html

[AChartist]

A reason they are so arrogant and blantant may be, in some of these promouncements that occured such as " the world is the battlefield " the constitution was already suspended and we have been in martial law several years, they carry on a charade on tv so they don't notice.

Edited by AChartist, 20 July 2013 - 01:11 PM.

[stocks]

The unintended consequences of the healthcare bill are going to be vicious

The Congressional Budget Office now estimates that 7 million people will lose their employer-provided health insurance at the end of the year. One would assume that those are almost all full-time workers. So instead of getting health insurance in some form as a benefit, they will likely soon be paying $1400 a year (minimum) in mandated taxes (the level set by the Supreme Court), and those costs will rise dramatically over the next few years, according to the current schedule. That is a HUGE tax increase for those people.

Young people who have no insurance and are making more than $10 an hour will be paying about $1300 a year, or close to 10% of their after-tax income. That blows a monster hole in their disposable income at those levels. There is no other way to look at this: it's a huge lower-middle-class tax increase. Yes, they get a benefit (health insurance) that someone somewhere in society was already paying for, but they personally did not have these costs before.

The unintended consequences of the healthcare bill are going to be vicious. Not only is there a tax increase on the rich and on small employers, there is a tax increase on young people and the middle class. And it's a tax increase that comes in the middle of the slowest recovery on record. It is possible that we grew at less than 1% this last quarter. And the burden piles on top of a secular shift in employment practices that is making life more difficult for the younger generations.



http://www.mauldineconomics.com/

[AChartist]

When I wrote about vast implications of the vast communist conspiracy and
practical steps to do in real life, last December, I took down as much participation
in the death cult as I could, one problem remaining is the cable tv which I didnt cancel
yet as my wife uses it to learn english.

Some practical applications are
stopping collision insurance on one vehicle.
acquiring a paid for old low mileage car exempt from everything like emissions and requiring
no insurance with no reportable value on irs 433A.
Selling the motorcyle which cancels one insurance and registration.
Funding the whole life cash basis ( now I realize this is dollar based and have a plan for that too )
Stopping 401k contributions
Extracting 401k medical hardship by scheduling all services and dental for the year in jan-feb.
I am attempting to get all planned services in before obamacare.
Not applying to me, but people in say the last year or two of an auto loan should refinance 5 more years to keep
all property liened and non-confiscatable.

The next phase is about removing any assets that may appear on 433A, the only exempt property that I know
of are whole life and annuity. My whole life coach is saying keep liquid cold cash right now and don't create
any new contracts. Whole life premium is exempt but not paid up additions cash rider.
Later this year I will scale back PUA cash payments and open a 2nd straight Whole Life that is 100% premium.
I am delaying that right now with the necessity to become tobacco free.

Here 6 months later I am going into more severe shut down phase, they are forcing me into the fibanocci spiral
swirling down the toilet bowl and I am maybe 6 months ahead with the tv patrons just catching on now.

Now apparently the new corporation exemption for one year will buy me one year to build up non-confiscatable assets.
There is a paradox. Valuable coins with a face value can be confiscated by only paying the face value.
But face value coinage is declared at face value when taking out of the country.
I am also this year accumulating non denominated coins and bullion.

It's all in that irs 433A to really understand the confiscation infrusture and parodox entrapments therein.

Now the irs infrastructure does subsidize renting bank property with property tax ( mortgage )
and I am feeling that out through this year if I am better off with a mortgage within the 433a national standards
spending allowance, or stay light with no entrapment contracts.

In general no contracts are suitable of the irs employee slave status.

My other thought is to take out an offshore catastrophic policy, for example one suitable for this hospital in Mexico,
or maybe in Costa Rico where all the american doctors are going. It may be possible to use Whole Life cash basis
with a liability bond to self insure for local cash basis service providers, but my WL would not be big enough for me yet, this year.

I am very seriously considering everything.
The statue allows some exemptions based on religion, it then refers to another
code exempting those that are exempt from SS. I saw something else interesting
that may be the illuminati exemption for themselves, they had to write a loophole,
there is a line that exempts members of "health sharing ministries". That may be
where they do it, and I will research that, how to join or create a health sharing ministry.

Now my epiphany that it is all run through irs 433A, transfers all property to control and ownership
of the insurance companies, is then a signal they are taking down the paper fraud systems
which is the insurance company's own paper ( municipal bonds and interest rate derivatives and the like ), and they are replacing
the insurance ceo's income stream with tax slaves. Except that they imploded their own tax base
and that is the snake eating it's own tail. Now you know why insurance company medical service
costs are 4-5x the international or cash-only basis, real cost of health services.

Here they are talking about the hospital in mexico that illuminati use and many interconnected gov frauds
coming this away.




This segment spells out the role of the tax slaves in general.

The unintended consequences of the healthcare bill are going to be vicious

The Congressional Budget Office now estimates that 7 million people will lose their employer-provided health insurance at the end of the year. One would assume that those are almost all full-time workers. So instead of getting health insurance in some form as a benefit, they will likely soon be paying $1400 a year (minimum) in mandated taxes (the level set by the Supreme Court), and those costs will rise dramatically over the next few years, according to the current schedule. That is a HUGE tax increase for those people.

Young people who have no insurance and are making more than $10 an hour will be paying about $1300 a year, or close to 10% of their after-tax income. That blows a monster hole in their disposable income at those levels. There is no other way to look at this: it's a huge lower-middle-class tax increase. Yes, they get a benefit (health insurance) that someone somewhere in society was already paying for, but they personally did not have these costs before.

The unintended consequences of the healthcare bill are going to be vicious. Not only is there a tax increase on the rich and on small employers, there is a tax increase on young people and the middle class. And it's a tax increase that comes in the middle of the slowest recovery on record. It is possible that we grew at less than 1% this last quarter. And the burden piles on top of a secular shift in employment practices that is making life more difficult for the younger generations.



http://www.mauldineconomics.com/

Edited by AChartist, 28 July 2013 - 09:34 AM.

[stocks]

Weiner Cashed In on Green Energy and ObamaCare During his “Break”

He made more money than his wife did by cashing in on two liberal boondoggles.
ObamaCare and Green Energy.
Anthony Weiner’s post-scandal career was an education in crony capitalism and progressive payoffs.

Anthony D. Weiner demystified the details of the 906-page Affordable Care Act for an electronic medical records company.
He also counseled a biofuel firm about expansion into the emerging markets of Latin America and Africa. And he plunged into the world of start-ups with his own green energy business…

He and his wife, Huma Abedin, a longtime aide to Hillary Rodham Clinton, disclosed that they had a combined income of $496,000 in 2012, most of it from Mr. Weiner’s work. The money provided a lifestyle-changing infusion for the couple, who moved from a modest home in Forest Hills, Queens, to a large apartment on Park Avenue South in Manhattan.


http://frontpagemag....ring-his-break/

[stocks]

It is astonishing that when a government policy proves to be a dismal failure, the answer politicians come up with is to do even more of the same

Housing subsidies are detrimental to America
Subsidies are the economic policy equivalent of incurring the individual and social costs of an obesity epidemic while still subsidising maize and beef production ….

there is no iron law that higher-income economies must have higher rates of home ownership: Mexico, Nepal and Russia all have home-ownership rates of more than 80 per cent, while the French, German and Japanese rates are 30-40 percentage points lower. The US and the UK rates sit between them at about 65 to 70 per cent.

The accumulation of housing wealth benefits those simply lucky enough to have had grandparents who were homeowners.


http://ochousingnews...ntal-to-america


List of countries by home ownership rate:

http://en.wikipedia...._ownership_rate

[stocks]

European Supremacy

Five Hundred Years – Finished at Last!

Prologue: Germination, ×1 Generation [40 years]
From: 1452-Pope Nicholas V issues the bull Dum Diversas, legitimising the colonial slave trade.
To: 1492-Fall of Granada.

Chapter One: Growth, ×4 G. [160 years]
From: 1492-Discovery of America.
To: 1652-End of Spanish hegemony.

Chapter Two: Glory, ×4 G.
From: 1652-First Anglo-Dutch War.
To: 1812-End of Napoleon’s power.

Chapter Three: Decline, ×4 G.
From: 1812-British-American War.
To: 1972-America leaves Vietnam.

Epilogue: Degradation, ×1 G.
From: 1972-Bankruptcy of the American national economy.
To: 2012-Famine, epidemic and war.


http://appliedphilos...tory-of-europe/

Real history tells us where we are.

In advanced civilizations the period loosely called Alexandrian is usually associated with flexible morals, perfunctory religion, populist standards and cosmopolitan tastes, feminism, exotic cults, and the rapid turnover of high and low fads—in short, a falling away (which is all that decadence means) from the strictness of traditional rules, embodied in character and inforced from within. — Jacques Barzun

[stocks]

Obamanomics vs Reaganomics

Obamanomics:

Median family income for black Americans has declined a whopping 10.9 percent during the Obama administration.

The black labor-force-participation rate, which rose throughout the 1980s and 1990s, has declined for the past decade and quite sharply under Obama to 61.4 percent. The black unemployment rate, according to Pew Research, stands at 13.4 percent.

Reaganomics

Under Ronald Reagan’s policies median African-American household incomes increased by 84 percent. The poverty rate dropped during the 1980s from 14 percent down to 11.6 percent. The black-unemployment rate dropped by 9 percentage points. The number of black-owned businesses increased by 38 percent and receipts more than doubled.


http://www.nationalr...ler-mona-charen