Wolves: The “Summer Of Recovery”
by Tom RemingtonSeptember 6, 2010
It is Labor Day 2010 and this administration continues to call this past summer, “Recovery Summer”. I’m not exactly sure of what is recovering. Perhaps it is recovering from too many vacations, too many golf games, or too much wasting of taxpayers’ money.
Once again as news broke that the unemployment rate jumped to 9.6%, even after the Federal Government cooked a couple books to ease the “recovery”, the Obama enablers did everything in their power to write puff pieces in an attempt to convince unemployed Americans that things aren’t as bad as they really are.
The active word for the Obama administration has been, “unexpected”. Whenever there is bad news it is “unexpected”. The latest figures on unemployment were, you guessed it, unexpected. And in going right along with the “saved or created” scam that his administration created and saved, there is ample effort to deflect attention away from what is real and focus it on such things as how many new jobs were created. Seriously, does anyone give a rats heinie that 40,000 new jobs were created when three times that number were lost?
Spin! Spin! Spin!
Being the optimistic guy that I’m not, I thought I would take some serious time and make a list of all the good things about having wolves. Well, let’s see…………… Hmmmmmm! Oh! No that’s not any good. But, there’s the……….No wait. That’s awful! I’ll come up with something.
I thought about listing that the wolf hunting seasons were a good thing but you see between Idaho and Montana they killed 260 wolves which represents easily less than 10% of the population. Being that wolves grow at a rate of 30% per year, there was no real reduction. That’s not good.
If we also use the wolf/coyote lovers’ methods of theorizing, because hunters killed 260 wolves, out of spite all the other wolves got together and decided to go out and have new litters 10 times the normal size. With that thinking, hunters saved or created several hundred new born wolves. That’s not good!
Okay! I think I’ve come up with something good about wolves. I was thinking about all that money the ranchers have been getting because wolves killed their livestock. Wolves are responsible for stimulating the economy and thus have saved or created more wealthy ranchers……or something.
It must be a good thing that wolves have “balanced our ecosystems”. If by balanced you mean all wolves and nothing else, it has worked swell. But, we must look at what “unexpectedly” the wolf has saved or created. A report came out just the other day that someone spied a moose roaming around central Idaho. This is proof that wolves are saving the moose population.
Global warming – we know because environmentalists tell us – is killing all the moose. I read a couple months ago that the poor moose around the Yellowstone area are just laying down in the heat and dying. If it hadn’t been for the wolves chasing that moose out of Yellowstone into the cooler climes of central Idaho, that moose would have died. Wolves have saved or created at least six moose.
But, we are headed in the right direction. Joe Biden has no doubts! I know it appears as though the elk are gone, the deer have vanished, the birds have stopped singing, all the little critters have disappeared but all these things are necessary in order to balance our ecosystems.
If it wasn’t for the wolf saving and creating what few animals are left, where would we be?
(Yeah, I know! It’s a slow news day.)
Tom Remington
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Flying Blind
by Tom RemingtonAugust 27, 2010
Watching economists and media analysts react to breaking economic news is a bit like looking at a flock of pigeons flying over the New York skyline. A true wonder of the urban landscape, the flocks can include hundreds of individuals who show an uncanny ability to stay in tight formation as the group quickly zig-zags between buildings. What may be even more remarkable than their ability to randomly fly while maintaining cohesion is the flock’s refusal to stick to any particular direction for very long, and their determination to fly feverishly without actually going anywhere.
VP Biden: Our Economy Is “Moving In The Right Direction”
by Tom RemingtonAugust 25, 2010
The Drudge Report today has the below headlines and links about the stark reality facing Americans as every hour that passes brings us a bit closer to having to pay the fiddler for all the dancing we’ve done.
Worries about recovery deepen…
‘Hindenburg Omen’ creator exits stock market…
Economy in ‘Depression, Not Recession’…
Dow Faces ‘Bouncy Ride to 5,000′…
Typical Slow Summer — or Something Darker?
New Home Sales Sink to Lowest Pace on Record…
Investors Scatter to Safety…
MORGAN STANLEY: Government Bond Defaults Inevitable…
But the Upsidebackwardsness of this all is that the headline sitting above all of these is of Vice President Joe Biden addressing fellow Americans and stating, “”no doubt we’re moving in the right direction.”
I heard one concerned American yesterday say that Biden is absolutely correct in making that statement. That he and his Chief Obama are undoubtedly headed in the direction THEY want us to go, not the direction Americans want.
Tom Remington
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Carts and Horses
by Tom RemingtonAugust 23, 2010
In a CNBC debate last week, former Labor Secretary Robert Reich presented a set of contradictory beliefs that unfortunately reflect the conventional wisdom of modern economists. In a discussion with Wall Street Journal columnist Stephen Moore, Reich correctly and comprehensively listed the reasons why American consumers could spend so lavishly before the crash of 2008 and why they can no longer keep up the pace.
No Exit – Stage Left or Right
by Tom RemingtonAugust 13, 2010
This week, national attention was fixated on JetBlue flight attendant Steven Slater, whose bold, creative, and controversial exit strategy could revitalize his future prospects. Not nearly as noticed was the Federal Reserve’s decision on Tuesday to avoid finding an exit strategy for its own never-ending career trap. Unfortunately, the Fed’s choices affect our lives much more than Slater’s.
Knight of Malta Geoffrey T. Boisi: Key Jesuit Tool Behind Outsourcing of US Jobs
by Greg FarberAugust 12, 2010
The Jesuit Order’s multifaceted attack on the American peoples within the Black Pope’s “Holy Roman” Fourteenth Amendment American Empire (1868-Present) continues to unfold. In addition to the Order’s Alien Roman Catholic Mexican (and covertly Arab Muslim) Invasion contributing to massive unemployment, we now must behold the specter of Rome’s deliberate outsourcing of American jobs to India and China! And the chief culprit behind yet another act of Jesuit military attack on apostate White Protestant and Baptist America is none other than American Roman Catholic Knight of Malta and adviser to the pope, Geoffrey T. Boisi! Now this criminal is quite the poster-child for the Order. When asked the question “Aside from your parents, who was the most influential person in your life and why?”, according to this article, Boisi answered:
“For the past 25 years, I would have to say Father Monan, former president of Boston College and now chancellor there. Whenever I have had any major decisions to make or have been thinking about certain issues a lot, I’ve turned to Father Monan. I greatly respect his opinion and analytical abilities and cherish his views on life.”
President Ronald Reagan, Unknown, House Speaker Thomas “Tip” O’Neill and Boston College President Donald Monan, 1980s
Jesuit Father J. Donald Monan was also an intimate friend of President Ronald Reagan, the nation’s foremost executive traitor. For it was Mafia-connected, Ronald Reagan who, with at least six Knights of Malta serving as his advisers, recognized the Sovereign Nation State of Vatican City in preparation for the imposition of a future treaty called a “Concordat.” Furthering the connection between the Order and Knights of Malta, Knight Boisi is the founder of National Mentoring Partnership (as per the article above); Jesuit Monan is a director of the National Mentoring Partnership (source).
Clearly, Knight of Malta Geoffrey T. Boisi is one of the Order’s “movers and shakers” in the grand theft and destruction of the American peoples. Part of that orchestrated “chaos” is the plot to “outsource” American jobs to foreign nations whose laborers work for slave wages.
Adviser Douglas R. Brehm has discovered the Company’s power behind the nation’s corporate outsourcing of American jobs via the duplicity of Knight Boisi. It is also worthy of mention that former General Electric head Roman Catholic Jack Welch is connected with Boisi, remembering that GE is one of the Order’s foundational contractors for the building of the Vatican Empire’s anti-gravity craft commonly called “UFOs.” Eric Jon Phelps
Summer of False Hope
by Greg FarberAugust 9, 2010
Unemployment: WTF? Unchanged???
By George Ure’s Urban Survival
OK, here’s the deal – hot of the Labor Dept. website:
“Total nonfarm payroll employment declined by 131,000 in July, and the unem- ployment rate was unchanged at 9.5 percent, the U.S. Bureau of Labor Statistics reported today. Federal government employment fell, as 143,000 temporary workers hired for the decennial census completed their work. Private-sector payroll employment edged up by 71,000.
Household Survey Data
Both the number of unemployed persons, at 14.6 million, and the unemployment rate, at 9.5 percent, were unchanged in July. (See table A-1.)
Among the major worker groups, the unemployment rate for adult men (9.7 per- cent), adult women (7.9 percent), teenagers (26.1 percent), whites (8.6 per- cent), blacks (15.6 percent), and Hispanics (12.1 percent) showed little or no change in July. The jobless rate for Asians was 8.2 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.)
In July, the number of long-term unemployed (those jobless for 27 weeks and over) was little changed at 6.6 million. These individuals made up 44.9 per- cent of unemployed persons. (See table A-12.)
The civilian labor force participation rate (64.6 percent) and the employment- population ratio (58.4 percent) were essentially unchanged in July; however, these measures have declined by 0.6 percentage point and 0.4 point, respectively, since April. (See table A-1.)
The number of persons employed part time for economic reasons (sometimes re- ferred to as involuntary part-time workers) was essentially unchanged over the month at 8.5 million but has declined by 623,000 since April. These in- dividuals were working part time because their hours had been cut back or because they were unable to find a full-time job. (See table A-8.)
About 2.6 million persons were marginally attached to the labor force in July, an increase of 340,000 from a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were avail- able for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey. (See table A-16.)
Among the marginally attached, there were 1.2 million discouraged workers in July, up by 389,000 from a year earlier. (The data are not seasonally ad- justed.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.4 million persons marginally attached to the labor force had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities.
As long as the workforce number is being reduced, it keeps the unemployment figures in check. However, the real number to look at is the labor participation rate. In April it was 65.2% and now its down to 64.6%.
That’s how you lose 131,000 jobs and hold the rate steady…only change the participation rate a tenth for the month…
The CES Birth/Death Model also shows declines in new/small business/estimated job creation. Last month 147,000 new jobs were estimated into existence. This month: Just 6,000 with another 12,000 lost in manufacturing and 9-thousand each in Financial activities and the Trade Transportation and utilities group.
On a Not Seasonally Adjusted basis, the Alternative Measures of Labor Underutilization figure was up another tenth to 16.8% of the workforce. Same place we were a year ago.
Feedback: “George, did you mention that the June Jobs report was revised majorly downward to -221K, from -125K? eom” No, wouldn’t want to complete f/u the weekend.
Predictably, the futures point down. But it gets worse…
How Gov’t Screws Job-Seekers
As long as we’re talking about the job collapse, reading InformationWeek may not be on your list of sites to scan for economic news, but a fine case of screwing up the recovery is being presented by the federal government and what the article refers to as a ‘hand-picked Obama appointee” as the (got a blood pressure pill handy?) “U.S. to Train 3,000 Offshore IT Workers”.
What’s worse? On Thursday InformationWeek did a follow-on story about how “USAID Funds IT in Eurasia”.
If you’re an unemployed American IT wizard, and you’re asking “WTF is wrong with these people in Washington? Don’t they know we have a serious unemployment problem right here in America?”, I’d have to point out that America isn’t what it used to be.
Seems to me that when Treasury Secretary Tim Geithner said this week…
“The President has proposed to terminate or reduce government programs we do not need and cannot afford. He has proposed to freeze non-security, discretionary spending, which will by 2014 bring such spending to its lowest share of the economy since the 1960s…. ”
…he could have mentioned that cutting government spending by outsourcing was in the plan somewhere.
—-
No, I’m not picking on Obama; the reason all presidents have been acting the same, regardless of party, is that corporate strings pull both parties. Obama is just the latest marionette; Bush the preceding puppet. Campaign promises to withdraw from Iraq? Create new jobs and industries? And what about that surveillance promise? Bush was of the same ilk, same wars, same…..well, you get the idea.
Ever since the Kennedy days (at least that’s a good point of transition to consider, since he was killed with a move to begin taking back direct government control of money from the Federal Reserve pending under Executive Order 11110)) we have done a smooth transition from government “by, of, and for the people” to a government “by, for, and of corporation interests in general and their bankers in particular. Need a few more zeroes on your bailout?”
—
But what’s the use? We’re probably past the point of no return, although I’ll still vote against every incumbent I can in November. The hard part isn’t the voting, it’s the remembering that the corporate agenda is to keep voters believing in left-right divisions so the up/down manipulation and exploitation can profitably (to the few) continue.
Besides, we really do need more IT outsourcing to South Asia, and Armenia, don’t we? I mean, how else could American corporate interests keep cutting jobs, right? And what better way to cut federal costs than to outsource them to South Asia and Armenia?
Hell, I’m so old I can remember when my job competitor was the human standing next to me…not a piece of software or some faceless corpslave in an Asian prison sweat shop. Now that’s old.
ViceGrips (to pinch yourself) and a Bic lighter (for your vaporizer) only go so far.
With America facing massive unemployment – and by my reckoning, more to come – how is it we need foreign aid programs, in the first place?
Monetary Cards on the Table
by Tom RemingtonAugust 6, 2010
In a commentary about a month ago, I described how the economic world seemed to be drifting into two opposing camps: the Washington-based “Stimulators,” who insist that more government debt is the best means to end the financial crisis, and the Berlin- and London-based “Austerians,” who argue that debt is the crisis itself. If recent economic data and currency movements can be considered votes of confidence, then the Stimulators should be sweating.
Gerald Celente: Let Them Eat Losses
by Greg FarberAugust 3, 2010
Gerald Celente: Let Them Eat Losses
Published on 07-27-2010 Email To Friend Print Version
By Gerald Celente – Daily Reckoning
http://dailyreckoning.com/
This had nothing to do with the so-called “Trickle Down” theory. This was “Gush Up.” In Bush/Obama economics, the richest and biggest that had lost billions through bad investments, or were in danger of going bust, had to be rescued. If the Über-Rich weren’t saved, there would be nothing left to trickle down to the population below. By government decree, those taxpayers who had never felt any trickle to begin with, now had to finance the failed financiers.
If taxpayers found themselves unable to understand the thinking behind “Gush Up,” it was not surprising. Why should it make sense? Nothing else did. The entire financial system had been hijacked by bandits. It was criminal from beginning to end.
For example, in a 2008 interview, hedge fund executive Kyle Bass, who runs Hayman Advisors, described the deceit that was camouflaged by its own complexity as a billion-dollar fraud, “… so complex that The [Wall Street] Journal couldn’t even write about it. That’s how complex it is. It would take teams of lawyers reading indentures, complex flow charts. And then people would look at you with cross-eyes, even if you understood it all. They’d go like, ‘Yeah, well, I don’t see it.’”
The experts engineering the schemes were baffled by the complexity of their creations, and yet insisted upon being bailed out of something that they themselves didn’t understand.
The implicit rationale was that only those Harvard, Princeton and Yale MBAs, Ph.Ds. and LL.Ds. were qualified to pull the levers of power on Wall Street and in Washington. Only they – who had devised the derivative, and conjured up the synthetic credit default swap, and invented the enhanced structured investment vehicle – were equipped to deal with the complexities of contemporary business and finance. Thus, those who didn’t know nevertheless insisted they knew best. The Bigs had to be saved.
In the dying American Empire, there was no longer a place for the small:
The Mom & Pop shop was as passé as the corner candy store.
The family farm – penalized by big government’s “Get Big or Get Out” policies that subsidized factory farms – had become a quaint curiosity.
The village hardware store was hammered by Lowe’s and Home Depot; Staples and Office Depot stomped out the stationery store.
Across the spectrum… finance, defense, insurance, health, news and entertainment… virtually every business sector had been commandeered by the Bigs.
And the bigger they got, the more untouchable they became. TV Money Honeys, fast-talking finance finaglers, Nightly News anchors, Sunday Morning Beltway Blowhards, and Talk Show Tough Guys genuflected, scraped, kissed up and bowed down before those magnificent men in their money machines.
When these kings, queens and aristocrats of 21st-century commerce spoke, their ex cathedra judgments went unquestioned. Thus, when they warned that if the “too big to fail” were allowed to fail the world financial system would collapse, their conclusions went unchallenged. No evidence was provided, no proof was needed, and no explanation was tendered. Harvard, Princeton, Yale… the White Shoe Boyz had spoken. They who invented the “too big to fail” were “too big to question.”
Yet note, as economic conditions declined worldwide, many blamed the crisis on the intrinsic nature of capitalism. But it wasn’t capitalism that failed – it was human nature that was flawed. Capitalism had been corrupted and perverted by the Bigs who, in collusion with the government and faced with the consequences of their own criminal greed, betrayed the system that had enriched them.
The very essence of functioning capitalism that by definition is “…the distribution of goods that are determined mainly by competition in a free market,” was violated and destroyed.
Not only was there no hard evidence demonstrating that saving the “too big to fails” was necessary to save the economy, the rescue plans themselves violated the most cherished tenets of capitalism, which hold that:
Failures should be allowed to fail.
The best will succeed.
Competition is healthy.
Market voids created by failures will be filled by competitors.
No individual, business, institution, nation or empire is too-big-to-fail. Had true capitalism been allowed to function unimpeded, the bloated, over-extended, inefficient and gluttonous firms and industries would have failed. There would have been hardships and losses but, finally rid of its financial tapeworms, the purged system could be restored to health.
No “ism” or “ology” – regardless of purity of intent or moral foundation – is immune to corruption and abuse. While capitalism itself is being blamed for the excesses that brought on financial chaos, prior to the most recent gambling binge, in tandem with the blanket dismantling of safeguards and the overt takeover of Washington by Wall Street, capitalism was responsible for creating one of the world’s most successful and universally admired societies.
July 27, 2010
Gerald Celente is founder and director of The Trends Research Institute, author of Trends 2000 and Trend Tracking (Warner Books), and publisher of The Trends Journal. He has been forecasting trends since 1980, and recently called “The Collapse of ’09.”
THE 12TH CRUSADE – ROMANISM VERSUS ISLAM – WORLD WAR III
by Greg FarberJuly 29, 2010
Peter Hans Kolvenbach, SJ and HRH King Juan Carlos of Spain are planning for the destruction of the current Global system. They’re preparing the final collapse of the World economy and the final World War.
Dear Craig,
Excellent, it is only too short!!!
For viewer clarification, you might wish to list all 12 Crusades of Rome; the 9 crusades that ended with the loss of the Kingdom of Jerusalem in 1291; the 10th crusade—Napoleon’s invasion of Egypt and later Acre in 1799; the 11th crusade—Britain’s taking of Jerusalem from the Ottoman Turks in 1917 via General Allenby and the breaking up of the Ottoman Empire in 1919 at Versailles; and the 12th Crusade—Bush’s invasion of Afghanistan commencing on October 7, 2001, the same day the Jesuit Papacy and Knights of Malta defeated the Turks in the key Battle of Lepanto on October 7, 1571—the most important naval battle since Octavian won the Battle of Actium in 31 BC after which he became the first Roman Emperor.
As to the title, I would change it. Now please bear with me. It would better be called “Romanism versus Islam.” The reason I say this is three-fold.
First, your presentation does, in fact, reflect that title. You rightly make the point that Israel is merely the Pope’s Revived Latin Kingdom of Jerusalem—which it is. Israel’s Labor Zionists are merely tools of Rome, that evil Mother of Harlot delighting in the killing of both racial Jews and racial Arabs—by any means necessary.
Secondly, The Jesuit Papacy has been plotting a huge Crusade using the US military against Islam for decades. The most important fact that I learned from a speaker at my first Con Con back in 2002 was that he cited James Angleton (SMOM and Counterintelligence Chief for the CIA manning both the Vatican and Israeli desks at CIA) calling for a “Crusade” against Islam back in the late 60s, or in the early 70s just before that cretin was forced to resigned by William Colby who was later brutally murdered.
Thirdly, the Arab world regards “Zionism” as something strictly Jewish having nothing to do with the Jesuit Papacy. If the Arabs can be turned to see that Rome, via her Russian Bolshevik-backing, Fabian Socialists and their British Labour Party was the creator of the Labor Zionists in England commissioned to rule Israel for the Pope, all would become clear. The reason the British occupation after WWII was so hard on the Jews and so pro-Arab was to deceive the Arabs into believing that the Labor Zionists were enemies of London, when in fact Lawrence of Arabia was secretly pro-Labor Zionist while outwardly pro-Arab—as I explain in VAIII. The Vatican pulled the same clever trick. Papal open policy was always pro-Arab, and anti-Jew/Israel (until December, 1993, when the Vatican recognized Israel as a nation after having been given title to the Temple mount that previous September) in order to deceive the Arabs and justify their hatred against the Labor Zionist Jewish State. Thus, “the Zionists” became the universal enemy of the Muslim Arab world—in preparation for “an unintended” World War against all Jews in general within the few remaining nations in which they dwell—especially the US and Canada. The average Arab makes no connection between the Jesuit Papacy and its creation, Masonic Jewish Labor Zionism. Your video goes far in eliminating this illusion and would go farther if you renamed it “Romanism versus Islam,” or “Surrogates of Romanism versus Islam,” or the like. To keep the title “Zionism versus Islam” perpetuates the illusion in the Arab mind that the Jesuit Papacy is a separate entity from Labor Zionism (something that Leo Zagami does) and keeps the Arab from taking aim at his oppressor for the last 1500 years—the Pope of Rome!
Please consider dear Craig,
Brother Eric
