Daily Digest

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Daily Digest 7/5 - The Politics Of Anger, Don't Celebrate The State

Tuesday, July 5, 2016, 10:24 AM

Economy

Rio police tell tourists they won't be able to protect them (jdargis)

"It seems like there is an order [from authorities] to put fear in people so they stay calm, so they don't cause trouble in the city because the foreigners can't see that the city is chaotic," Higor da Silva, a resident of the Mare favela, told CNN.

"They [state police] don't care if there is a child in the middle -- they shoot their target."

The Politics Of Anger (jdargis)

Today’s crisis in liberalism—in the free-market, British sense—was born in 1989, out of the ashes of the Soviet Union. At the time the thinker Francis Fukuyama declared “the end of history”, the moment when no ideology was left to challenge democracy, markets and global co-operation as a way of organising society. It was liberalism’s greatest triumph, but it also engendered a narrow, technocratic politics obsessed by process. In the ensuing quarter-century the majority has prospered, but plenty of voters feel as if they have been left behind.

On July 4th Demand Freedom, Don’t Celebrate The State (Tom P.)

It is often said – and surely it will be repeated many times today – that our nation’s wars have preserved our freedoms. That is not true. Aside from our fight to secede from British rule, America’s wars have one-by-one diminished our freedoms. They have not been fought to bring us liberty, but have most often been fought at the behest of deceitful and evil people to no benefit but their own. Thousands have died in vain on the lies of the war-promoters. Much of our freedom has died as well.

Gold For A Finite World (TMR)

The private banks would print money when they made a loan. Instead of the money stating that it was backed by the loan, it would be printed with an implication that the currency could be redeemed for gold and silver from the originating institution. As the banks expanded money and debt, a credit created boom would occur as entrepreneurs and businesses would use this borrowed money to produce real goods and services. Unfortunately, as banks always do, they would create too many loans and too much of this debt based money. The first cracks in this scheme could start if some of these loans defaulted or if depositors started withdrawing too much from accounts. For those paying attention, it would become clear that the bank would not be able to make good on the promises printed on their currency. This would result in a 'panic' as people came to the realization that they would not be able to withdraw their money from their accounts, also known as a bank run.

Gold, Platinum, and Silver Speak To Us (GE Christenson)

Ignore the daily and weekly gyrations, forget the self-serving pronouncements from Goldman, do not trust the paper-pushers at the Fed, and look at the big trends in the price charts.

Does More Security at Airports Make Us Safer or Just Move the Targets? (jdargis)

“Attempting to ‘protect’ against mass casualty attacks is a somewhat hopeless task due to the near infinite number of targets,” said Mark Stewart, a professor at the University of Newcastle in Australia, who studies how to protect infrastructure from terrorist attacks.

“A deterred terrorist will just go elsewhere,” he said.

Gas Pump Skimming At New Records This Holiday Weekend (Josh O.)

It doesn’t matter how often gas station management and local law enforcers check the pumps, whatever CCTV they rely on, there is always a way for the criminals: they come during the night when the station’s closed and the cameras are off; they use trucks to block the pump to be rigged from view; and so on.

Climate, Energy, Economy: Pick Two (Don R.)

Where it gets harder is here: if you pick energy and economy as your focus, the climate suffers (for climate you can equally read ‘the planet’, or ‘the ecosystem’). Focus on climate and energy, and the economy plunges. So far so ‘good’.

But when you emphasize climate and economy, you get stuck. There is no way the two can be ‘saved’ with our present use of fossil fuels, and our highly complex economic systems cannot run on renewables (for one thing, the EROEI is not nearly good enough).

Gold & Silver

Click to read the PM Daily Market Commentary: 7/1/16

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

35 Comments

cmartenson's picture
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Hillary gets away again

As if anybody needed any further proof that the US has two sets of laws, one for common criminals and one for the elites, today's FBI whiff provided the latest installment of injustice.

Here's the  law (18 U.S. Code § 1924):

(a) Whoever, being an officer, employee, contractor, or consultant of the United States, and, by virtue of his office, employment, position, or contract, becomes possessed of documents or materials containing classified information of the United States, knowingly removes such documents or materials without authority and with the intent to retain such documents or materials at an unauthorized location shall be fined under this title or imprisoned for not more than one year, or both.

(b) For purposes of this section, the provision of documents and materials to the Congress shall not constitute an offense under subsection

(a). (c) In this section, the term “classified information of the United States” means information originated, owned, or possessed by the United States Government concerning the national defense or foreign relations of the United States that has been determined pursuant to law or Executive order to require protection against unauthorized disclosure in the interests of national security.

(Source)

And here's the FBI statement:

"Our judgment is that no reasonable prosecutor would bring such a case," FBI Director Comey said.

He characterized the investigation findings as showing that Clinton and her team were "extremely careless" but he said there was no clear evidence they intended to violate the law.

Still, Comey said the FBI's recommendation is that Clinton no face criminal charges for her actions.

(Source)  

Now I'd invite you to go back up and re-read the statute.  Does it anywhere mention the need to prove "intent" to break the statute be in violation of it?  

No, it merely sets the bar at "knowingly."  It literally provides zero wiggle room around the concept of intent to break the statue.  Instead it says that if one knowingly removes specific types of documents with the intention of storing them in an unauthorized location, then one has broken the law.

That clearly happened.  No question about that at all.  But intention to store something and intention to break a law are very, very different concepts and I'd fully expect the FBI to grok the distinction.

If "no reasonable prosecutor" could find actionable charges in  the erasure of confidential markings, and the wiping of a server, and then lying about both the quantity and substance of the emails in question, then I guess I have a very different definition of reasonable than the FBI.

This focus on intent tells me that the FBI had to get creative to help Hillary dodge the charges, and that my sense of justice in the US is rightly jaded and cynical.

Also, the English language just took a beating with the  wholesale reinvention of the word 'reasonable', but that's a smaller gripe.

 

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Mark Cochrane
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While other people don´t...

Such is the state of law, never mind justice in the United States.

Peak FBI Corruption? Meet Bryan Nishimura, Found Guilty For "Removal And Retention Of Classified Materials"

What is even more shocking is that the FBI itself, less than a year ago, charged one Bryan H. Nishimura, 50, of Folsom, who pleaded guilty to "unauthorized removal and retention of classified materials" without malicious intent, in other words precisely what the FBI alleges Hillary did

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Write in for president:

I Give Up  

Both the FBI and Justice Department have embarrassed themselves and the rest of the country.  The rule of law no longer matters and the system is rigged, fixed and I give up.  

I just hope to live long enough to see what comes out the other side.

Signing off.....

Roundhouse

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thc0655
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Well...

at least no one had to be suicided this time to get her off the hook!

I hope I don't sound like a broken record saying this again on PP.com, but I'm more disillusioned with Hitlery's courtiers, supporters and loyal voters than I am by her.  A morally upright, tuned in, critical thinking population can handle corruption in high places.  But a morally corrupt, tuned out, intellectually compromised population cannot save itself or be saved by even the best leadership.  I wonder what it would take for people to turn away from Crooked Hillary in large numbers.  There is apparently no hope for us.  We're doomed to reap the whirlwind which we have cultivated for ourselves.

Worst of all, perhaps, is that when people see personalities in high places engaged in corruption and crime AND that they get away with it that has a very powerful effect on people.  It gives them permission to engage in crime, corruption and gaming the system in any ways that are accessible to them in their daily lives.  As a result, we sink ever faster and deeper into the moral swamp, because almost literally, "Everyone's doing it."

BTW, I just watched Dan Ariely's documentary "Dishonesty."  I highly recommend it and it is exactly on topic for this issue.  

https://www.netflix.com/search/Dishonesty?jbv=80047681&jbp=0&jbr=0

"Welcome to the Hunger Games.  And may the odds be ever in your favor."

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Is the Supreme Court Clueless About Corruption? Ask Jack Abramof

I have spent the last few weeks here in Brazil, a country that knows a thing or two about corruption, and as insane as the political corruption is here (50-60% of the senate/congress under indictment or investigation) at least they are prosecuting! That is a healthier democracy than in the United States where we turn a blind eye to corruption. Justice is blind unless it is peaking at the little people...

Is the Supreme Court Clueless About Corruption? Ask Jack Abramoff

WASHINGTON — Take it from a corrupt lobbyist: When it comes to peddling influence and buying politicians, the Supreme Court just doesn’t get it.

Jack Abramoff, the former superlobbyist who ended up in prison, said he fears the court’s unanimous decision to toss out the bribery conviction of Bob McDonnell, the ex-governor of Virginia, reflects a regrettable innocence about how things work in the real world.

“I continue to be concerned by what seems to be a lack of understanding on the part of the justices that a little bit of money can breed corruption,” Mr. Abramoff said when I asked him about the McDonnell case.

“When somebody petitioning a public servant for action provides any kind of extra resources — money or a gift or anything — that affects the process,” Mr. Abramoff said.

He should know.

 

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FBI’s Own Gross Negligence

This summary is exactly right, as far as I am concerned.

FBI Rewrites Federal Law to Let Hillary Off the Hook 

July 5, 2016

There is no way of getting around this: According to Director James Comey (disclosure: a former colleague and longtime friend of mine), Hillary Clinton checked every box required for a felony violation of Section 793(f) of the federal penal code (Title 18): With lawful access to highly classified information she acted with gross negligence in removing and causing it to be removed it from its proper place of custody, and she transmitted it and caused it to be transmitted to others not authorized to have it, in patent violation of her trust.

Director Comey even conceded that former Secretary Clinton was “extremely careless” and strongly suggested that her recklessness very likely led to communications (her own and those she corresponded with) being intercepted by foreign intelligence services.

Yet, Director Comey recommended against prosecution of the law violations he clearly found on the ground that there was no intent to harm the United States. In essence, in order to give Mrs. Clinton a pass, the FBI rewrote the statute, inserting an intent element that Congress did not require.

The added intent element, moreover, makes no sense: The point of having a statute that criminalizes gross negligence is to underscore that government officials have a special obligation to safeguard national defense secrets; when they fail to carry out that obligation due to gross negligence, they are guilty of serious wrongdoing. The lack of intent to harm our country is irrelevant.

People never intend the bad things that happen due to gross negligence. I would point out, moreover, that there are other statutes that criminalize unlawfully removing and transmitting highly classified information with intent to harm the United States.

Being not guilty (and, indeed, not even accused) of Offense B does not absolve a person of guilt on Offense A, which she has committed. It is a common tactic of defense lawyers in criminal trials to set up a straw-man for the jury: a crime the defendant has not committed. The idea is that by knocking down a crime the prosecution does not allege and cannot prove, the defense may confuse the jury into believing the defendant is not guilty of the crime charged. Judges generally do not allow such sleight-of-hand because innocence on an uncharged crime is irrelevant to the consideration of the crimes that actually have been charged.

It seems to me that this is what the FBI has done today. It has told the public that because Mrs. Clinton did not have intent to harm the United States we should not prosecute her on a felony that does not require proof of intent to harm the United States.

Meanwhile, although there may have been profound harm to national security caused by her grossly negligent mishandling of classified information, we’ve decided she shouldn’t be prosecuted for grossly negligent mishandling of classified information.

I think highly of Jim Comey personally and professionally, but this makes no sense to me.

Yep.  The FBI had to become world-class contortionists to get this decision to fit the statute.  They botched the job badly.  Trust is now broken, again.

I have to wonder how many hopping mad FBI agents there are in this story.  Must suck to put in time and effort to practice one's craft, maybe even believe in the system of law, and then have this political decision wipe all that aside and reveal your job to be the part-time enforcer of laws only when they are politically expedient.

 

 

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Well our police force in

Well our police force in Ireland occasionally go to the FBI to be trained ( that's where they learnt to use helmets and submachine-guns to shoot dead a harmless depressed fellow who'd fired off a shotgun at no-one in particular and he wasn't to be allowed cigarettes and coffee and time out ) so the FBI must be very, very advanced. I'm inclined to think they've reached this quantum state thing where someone can be guilty and non-guilty at the sametime in different universes. Like the cat in the box can be alive and dead at the same time etc.  By now they could well have regressed to the coffee and cigarettes, as a Commissioner or two have lost their heads after a few whistle blowers were finally believed.

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Though long, Prof John

Though long, Prof John Hasnas' paper on "The Myth of the Rule of Law" (originally published in 1995 Wisconsin Law Review 199, 1995), is a fun academic/legalistic romp.  I only made it part of the way through, but that was enough to get a good feel for the argument:

http://faculty.msb.edu/hasnasj/GTWebSite/MythWeb.htm

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A Different Perspective

Perhaps it's just as simple as choosing whom to blame when the SHTF.  Janet and Hillary.  And to top it off the lead-up to the crisis was under the 1st black president.  Possible?  Naw it's A crazy thought.

AK GrannyWGrit

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Hillary Clinton Scores Winning Run

Hillary Clinton Bowls Over Catcher to Score Winning Run in Campaign Staff Softball Game

Quote:

“She was running with a full head of steam and absolutely leveled him—you could hear the impact from the dugout,” said senior policy advisor Jake Sullivan, noting that the close play at the plate came only after Clinton had ignored her teammates’ shouts to remain at third base as she tagged up on a shallow flyout to left field. “The kid was doubled over, rolling around and moaning in pain. That’s when everyone ran over to check to see if he was okay.”

“The entire time, Secretary Clinton was shouting that he dropped the ball and kept gesturing the ‘safe’ signal,” he added.

Quote:

Reports also indicated that Clinton refused to allow any of her teammates to pitch, citing her ability to “put some serious spin” on the underhand throws.

“By the end of the game, I was trying to steer clear of her in the dugout,” said communications director Jennifer Palmieri, who recalled Clinton kicking over a drink-filled cooler after popping out in the eighth. “She would just sit there at the far end of the bench staring down at the ground. We all knew better than to say anything to her.”

“I’m just thankful our team didn’t lose,” she added.

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Too much democracy

We're suffering the consequences of too much democracy (Yahoo Finance)

Quote:

Democracy, you could argue, is pretty much like sunshine, cold beer and ice cream. They’re all great —until you have too much.

Too much Democracy? That’s not possible, is it?

In fact it may be. Some economists and political scientists are suggesting as much in the wake of the Brexit vote and the subsequent wave of “Leave the EU” sentiment that’s sweeping across Europe. And you can look to a big honking use case right here in the US to make that argument.

It’s way too early to tell how Brexit will affect the economy of the UK at this point — although early days have been rocky enough with the crashing pound, stumbling stock market, and political chaos. But I would argue the biggest negative of Brexit will be the messiness and uncertainty that ensues. The UK will be forced to rewrite tax rules, as well as draft and implement new legislation. It will have to craft a new relationship with Europe. And the UK will more than likely haggle over referendums in Scotland and Northern Ireland. An OECD report says Brexit could cost the UK 3.3% of its GDP by 2020.

Quote:

Direct democracy does have a shining example of efficacy, and that is Switzerland, though there certainly are reasons particular to that country — homogeneity being one — that explain why it has worked there.

Otherwise, I would argue that direct democracy is best used sparingly, for local initiatives perhaps. A big drawback of direct democracy is that those who want change — no matter its validity — are much more fired up than those who want to maintain the status quo, and therefore many more of the “Changers” go to the polls, as was perhaps the case in the Brexit vote. Think about the consequences of that.

I know it sounds horribly anachronistic, but checks and balances, branches of government, and slow, messy and deliberate governance actually has its place. It is true that both in the case of Britain’s relationship with the EU and with real estate taxes in California in the 1970s, real change was needed. In cases like this, and probably just in general, politicians need to step up more briskly than they are typically comfortable doing. But putting the onus all back on the people may not be the answer. One thing’s for sure, it certainly has its consequences.

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Hillary Gets Away Again

With latest development US is moving close and close to the "Animal Farm" [George Orwell]. Remember how pigs secretly revise some commandments to clear themselves of accusations of law-breaking:

"All animals are equal BUT SOME ANIMALS ARE MORE EQUAL THEN OTHERS"

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Games: prisoner's dilemma moved to cooperation

I thought I should post this video about game theory and how the prisoner's dilemma can lead to altruistic behavior or cooperation.  It discusses the best strategy in playing these games, which is surprisingly very straight forward!  I have been exposed to the  prisoner's dilemma for quite a while and this is a very interesting take on it that I was not aware of.  I though others here would like to take a look.   

 

I know that incentives in our society are important, and this seems like a big idea in touching on proper incentives.  The lesson to me is that 'selfish/bad behavior' needs immediate retribution in order to balance the game and 'unselfish/good behavior' likewise needs immediate forgiveness to maximize the return.  At least for this game!    

 

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thc0655 wrote: John
thc0655 wrote:

John Ashe http://www.snopes.com/un-official-john-ashe-killed-the-day-before-he-was-to-testify-against-hillary-clinton/

I don't buy that a big in shape man that regularly lifts weights would die because barbell crushed him.   He may have threatened to spill some unknown beans.   Columbo "An Exercise in Fatality" shows how it is done ~ 12 minutes in.  

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okay, T4T works well in simple games.

However, what about cartel games, in which certain players control certain resources, and multiple resources are needed for reproduction? 

I ask, because the union/cartel strategy is to defect against not-like-resourced opponents, but to cooperate with like-resourced components.  And it works fairly well in competition, because it raises the value of its held resources.

So that's one complexity of real life which doesn't show up in the simple competition game.

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It is dead, boys and girls.

It is official, the Republic is dead. Any other struggles will be nothing more than agonal breathing.

https://market-ticker.org/akcs-www?post=231470

http://www.zerohedge.com/news/2016-07-05/martin-armstrong-james-comey-had-no-problem-keeping-me-prison-without-any-charges

http://www.zerohedge.com/news/2016-07-05/peak-fbi-corruption-meet-bryan-nishimura-found-guilty-removal-and-retention-classifi

They will force their will on us.

http://www.wsj.com/articles/why-does-the-irs-need-guns-1466117176

Ask yourself what your role will be, because any of us with a mind will play a role.

From the Declaration: But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government and to provide new Guards for their future security.

As open as I feel that my eyes are, I am in disbelief this evening.

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It's classified, but what does it matter anyway?

I would posit that that stunt today just lost someone a nice chunk of the rank and file military.

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I started reading about the myth of the rule of law....

... In answer to his questions, "The IRS may... The Feds may... "  I had them all TRUE. 

It had nothing to do with the constitution, which matches the government agencies named.

But just because our government has nothing to do with the rule of law, does not mean to me that it is impossible to have a rule of law.  It just means that we don't 

Now, to prove his point, the author goes back to a quote by Oliver Wendell Holmes.  However, that  name to me rings a bell:  that OWH overturned the prayer in school laws with a Supreme Court ruling exactly opposite a Supreme Court ruling 20 years previous.  When asked what had changed, he thought for a bit, and replied that the Supreme Court hand changed.  In donig so, he admitted that the Supreme Court had abandoned the rule of law.

So no, I don't think the author proved his point. 

But I think the point didn't need proving. 

It is self-evident that all men are created equal ^H^H^H^H unequal; that they are endowed by their Creator^H^H^H^H^H^H^H^H^H relative assets  with certain inalienable rights; that among these  ^H^H^H^ 

Aaah, forget it.  We've been conquered by the German Nazis.

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Time for the Revolution

The top 1% must rise up against the majority. 

Or words to that effect.

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Guccifer traffic

Anyone able to confirm/disprove a rumor that the hacker Guccifer was found dead in his jail cell? 

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Giant Meteor

With a recent pole suggesting that slightly more then one third of the electorate supports Mrs. Clinton, about one third support Mr. Trump, and slightly less the one third support "Giant Meteor" (Just end it already!), has anyone else given any thought to what happens if no candidate receives a majority in the Electoral College and the choice of President get's thrown to the House of Representatives?  Seems like that might result in a very entertaining political shit storm.

John G.

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Politics. (or Lets start a Brawl.)

You can clear up your political leanings Here.

 

https://www.politicalcompass.org/

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A fundamental shift

Don't underestimate what happened today. The social contract has been shattered.

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CAF re Hillary: "Crime Pays"

CAF said in a recent interview that if Hillary gets elected, the message to the nation is that Crime Pays.

I agree with the sentiment of most everything said here.

Support for her would be near-zero if a reasonable Republican were running.  The machine wants her, for some reason.  How on earth could you engineer it so that a candidate with such high negatives could win in the general election?  Make sure the other candidate has even higher negatives.

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last chance effort?

I emailed my congress critter this evening, urging her to do something about the FBI giving Clinton a free pass.  Also to please not vote for any lame-brain gun control package coming up this week.  Think it was a waste of time?  It only took 2 or 3 minutes.  I just gotta think that some of our legislators are shaking their heads in disbelief as we are and might be convinced to show some huevos and make a stand.  Hope springs eternal.....Aloha, Steve.

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last chance effort?

WTH, triple post...

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last chance effort?

double post

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Roles for us to play as our ship goes down

MarkM wrote:

It is official, the Republic is dead. Any other struggles will be nothing more than agonal breathing.

They will force their will on us.

Ask yourself what your role will be, because any of us with a mind will play a role.

I'm 100% with you in your grief and despair over this watershed moment, and I too am contemplating what to do and how to carry myself as the ship goes down.

First, I want to be found honorable, brave and loyal to my values (the typical concerns of soldiers as they contemplate battle).  I don't want to be like one of those rich guys on the Titanic who forced or weaseled their way onto a lifeboat to the neglect of women and children.  I don't want to end up as evil as those against whom I am fighting either in the way I conduct myself in the face of that evil ("overcome evil with good" and all that).  No war crimes for me.

Second, I aim to spend myself in stopping the evil before it develops even more momentum than it already has.  All is NOT lost yet, as the formation of a tyrannical government is very vulnerable at this stage.  History illustrates that once the right evil dictator enters the scene he always employs a very small number of violent goons to intimidate or physically eliminate any who stand in his way.  History also illustrates that the population is in denial about what is happening and reacts mostly passively to the "Brown Shirts" as they burn shops, beat up dissidents, and disappear any who insist on standing in their way.  I fear we are about the enter that stage where a dictator-in-the-making begins to use violence and the threat of violence on our people as a prelude to his/her coming out as our "Fuhrer" with self-appointed unlimited powers.  I have taken note that US domestic agencies like the Agriculture Department, the Transportation Department and the IRS now have more personnel under arms than are in the whole US Marine Corps!  What's up with that?!  Alexander Solzhenitsyn lived through such a transition in Russia and wrote about it frequently.  One thing he said was that if the common people had resisted violently with whatever means at their disposal at the very beginning the purge could not have succeeded because there simply wouldn't have been enough goons to keep it up as they're numbers kept getting reduced by violent resistance.  The number of sociopaths and sycophants willing to do the dictator-in-the-making's violent bidding in the beginning is very small.  But after he comes to power, everyone concludes it's too late and futile to resist because the dictator now has the whole state and nearly all of the populace behind him.  Here Solzhenitsyn is describing the awakening the Russians in the concentration camps had: 

“And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? 

Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?… 

The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin’s thirst, the cursed machine would have ground to a halt! If…if…We didn’t love freedom enough. And even more – we had no awareness of the real situation…. We purely and simply deserved everything that happened afterward.”

 

Aleksandr Solzhenitsyn

 

So if someone from the Agriculture Department comes to arrest me for eating or drinking a forbidden food or drink, they better bring their "A game."  If four guys pull up in a van next to me on the street and jump out to disappear me, they're going to have a disappointing and expensive experience.  And if I receive unconstitutional orders to detain a person without reasonable suspicion or probable cause of an actual crime or to confiscate legally owned guns, I will refuse (and so will those under my supervision).  There won't be many in America prepared to resist evil like this, but it won't take many to put a stop to it, maybe just 3-5%.  Lord knows we have enough guns in the country for all those willing to resist to do so effectively, unlike Germany, Russia and China where guns were quite scarce when the purges began.

Resistance is futile?  Let's see about that! 

Time2help's picture
Time2help
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Posts: 2840
Four More Years

Cornelius999's picture
Cornelius999
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Posts: 379
Good for you thc0655, a small

Good for you thc0655, a small group or even one person can precipitate big swings in the popular mood I'm sure. We've seen what calculated interventions in the PM market can do! As you say few will be effectively proactive. It's good to know people like you are thinking ahead. A lot may not be fore-ordained. I believe Arthur called it a Belief Trap. Once there is leadership and a sense of community who knows where we may end up?

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saxplayer00o1
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Posts: 4169
Half of Euro-Area Bond Yields Below Zero as Investors Recall '08

Half of Euro-Area Bond Yields Below Zero as Investors Recall '08

Bloomberg-3 hours ago
... real-estate funds with almost 9.1 billion pounds ($12 billion) worth of assets ... trend of central bank actions that have herded investors into sovereign debt.

Japan 20-Year Yield Goes Negative as Treasuries Rally to Record

Bloomberg-13 hours ago
Treasuries advanced for a fourth day as 10-year yields renewed a record low, with ... questions over China's slowdown and the robustness of the U.S. recovery.

MarketsUS 10- and 30-year Treasury yields hit new low

Financial Times-2 hours ago
Wednesday's moves are the latest records set in this year's sovereign debt rally, which has been given massive fillip by the UK's shock decision to leave the EU ...

Canada 10-Year Yield Tumbles Below 1% on Global Growth Concern

Bloomberg-22 hours ago
... with benchmark 10-year yields falling below 1 percent, as renewed concern about global economic growth pushed investors into the haven of sovereign debt.

Brexit Turmoil Triggers Doubts on Sweden's Negative Rate Escape

Bloomberg-7 hours ago

Sweden's central bank pushed a potential tightening deeper into next year and signaled negative interest rates will last for two more years as it guards against

BOJ bond valuation losses are said to be ¥874 billion in 2015

The Japan Times-5 hours ago

The Bank of Japan wrote down the value of its holdings of government debt by ¥874 ... The BOJ will buy ¥120 trillion worth of bonds this year, and if it buys ¥100 ..

Danish 10-Year Bond Yield Falls Below Zero Amid Brexit Fallout

Bloomberg-4 hours ago
Denmark's debt office sold 1.94 billion kroner ($290 million) of 2025 bonds at a yield of 0.01 percent after getting bids for 3.09 billion kroner. That compares with ...

Russia Blows Through Wealth Funds as Plans Said to Focus on Debt

Bloomberg-7 hours ago
An annual limit on foreign borrowing will stay at $3 billion under the Finance ... As it drains the reserves, net debt sales at home will more than quadruple next ...

Teamsters pensioners still looking at pennies on the dollar in retirement

Duluth News Tribune - ‎17 hours ago‎
Central States, the largest of the country's troubled pension plans negotiated between single unions and multiple employers, has been operating at deficits of $2 billion a year recently. A June 17 report says the PBGC, which guarantees a minimum ...

Spain, Portugal Said to Face EU Sanctions for Budget Failings

Bloomberg-19 hours ago
Acting Economy Minister Luis De Guindos said in May that the deficit should ... to suspend trading in its 1.8 billion-pound ($2.4 billion) Property Trust earlier ...

Fed's Tarullo says no rate hikes needed until inflation is more solid

CNBC - ‎31 minutes ago‎
Fed officials and other central bankers are still digesting the fallout from Britain's "Brexit" vote and Tarullo suggested it may be sometime before it is clear how that will impact different economies. "We'll have to watch and see over the medium term ...

Emanuel defends record property tax hike as bills hit mailboxes

Chicago Sun-Times-17 hours ago
“When I ran for office, one of the major issues was removing the doubt over our economic future [caused by] unfunded pensions. All four of 'em were unfunded.

 

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
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Posts: 1449
Arthur Robey wrote: You can
Arthur Robey wrote:

You can clear up your political leanings Here.

 

https://www.politicalcompass.org/

Anyone who thinks politics can be described on a single line is an idiot.  That means we have a lot of idiots.

thc0655's picture
thc0655
Status: Diamond Member (Offline)
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Posts: 1632
Ramadan kill count: 350

http://bigstory.ap.org/article/bfca3f298e5443d3b54be06e022d2b55/look-bloody-attacks-around-world-ramadan

BEIRUT (AP) — A series of attacks, most linked to the Islamic State group, has killed nearly 350 people in eight countries during the holy month of Ramadan. The attacks are widely seen as an attempt to distract from a string of battlefield losses suffered by the extremist group in Syria and Iraq, where the borders of its self-styled caliphate are shrinking.

Here is a list of the major attacks carried out during Ramadan.

Arthur Robey's picture
Arthur Robey
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Posts: 3936
Agreed Kuggs

The results are graphed on a two axis plane in my humble offerings..

If each axis is a dimension then a multi -dimensional form would be created. Autodesk could handle a three dimensional shape,  but even geraniums cannot imagine Calabi-Yau 10 dimensional (11, if you look at it in the right way.) images .

I recommend a Google search of images of Calabi–Yau manifold /images. They have an esthetic appeal.

For the above reasons the political analysis is restricted to a paltry two dimensions. 

By the way, your Melancholic is showing. Another two dimensionl image. But it has survived since ancient Greece. 

 

http://cognitiveconsonance.info/tag/galen/

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