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Shadow Banking

25 Jun

As I learn more about the subject of “shadow banking”, I recall how it was that I even made myself aware of “shadow banking:.

Recently it seems, banks had gone to the extreme of not even checking borrowers’ income in the application form… More importantly there was no income verification.

ShadowBanks

 

To myself, just a regular guy, I thought that to be an example of “incompetence”. But seeing it throughout the media (and elsewhere) on a seemingly daily basis it was nothing new.

But now I understand… Quicken Loans in now the largest lender for homes in the US. Quicken Loans is in the “shadow banking” category. They are not a bank. They do not take deposits to secure their loans.

I know this is wildly impossible, but are the banks, now incapable of rationalizing their home loan activity, offloading the residential home loans to “shadow banks” to cover their trail and to create a whole new area of financial corruption?

Think For Yourself

Human Evolution and Politics

6 Jun

It might seem that your political perspective was simply how you were raised. In reality, that may be true. But, like in intelligence, there may be more involved.

r/K selection theory –r/K selection theory relates to the selection of combinations of traits in an organism that trade off between quantity and quality of offspring.

For example, rabbits living in a world of totally abundent grass will reproduce, well, like rabbits. There is plenty of available food to support offspring, with little worry about continuation of the species. Little time is spent in the realm of parenting while much time is spent in procreating.

And then there are wolves living in a colder climate with limited resources. For them, time spent protecting their offspring from prey and training them to find the necessary resources for survival is paramount.

From a YouTube perspective try :

Or a discussion on the subject with Stephan Moleneaux and Bill Whittle :

 

Think For Yourself

Global Warming Does not exist – The Planet is Getting Colder

11 Nov

The election of Donald Trump to the presidency has raised to the forefront many issues. One of these issues is “Man Made Global Warming”.

chemtrail

Ever since his election, the Massive amount of money poured into the Global Man Made Warming Hoax, (Money coming mostly from the US) is transforming itself into Massive Activity (ONLINE) attempting to protect its turf, and the Cash Cow.

One of the proposed solutions to “Man Made Global Warming“, is to spray metal materials (Barium, Aluminum, Cesium, etc.) into the atmosphere to block the sun’s heat from getting to the surface of the planet.

We see it almost every day in every location (major metropolitan area) of the world.

The problem is: “Man Made Global Warming”, “Man’s CO2 Emissions cause global warming”, “The planet is heating up due to man’s impact”, are all not only wrong, they are contrived. They are contrived to make you believe that through a “carbon tax” the “contrived” problem will be solved.

In reality, the planet is cooling. The most influential impact on the temperature of the planet is the Sun. SUNSPOT activity is diminishing as it does over time and through natural cycles. We are going into a period of time where the global temperatures will decline and the farming patterns in the world will change.

Trump may propose that Myron Ebell head up the EPA. Trump also proposes defunding Climate initiatives through the UN.

Look to the skies to see the progress.

 

Trading Global Temperature Changes

21 May

An interesting trading system has been developed by Trade Genius. The system generates trades that would be held over a few days to generate small gains with low risk. The software developed by Trade Genius is  compatible with Tradestation software as well as some other trading platforms.

Beyond the software and philosophy of trading, an interesting spin on the temperature of the planet has “again” shown its face.

In an interview with Bob Kudla of Trade Genius posted on YouTube, he discusses the impact of stock prices associated with food over the coming years. His statements are consistent with the content of a book written by John L. Casey, DARK WINTER. Those statements and conclusions concern a downward trend in global temperatures due to the very high correlation between sunspot activity and global temperatures, in conjunction with the highly consistent pattern of sunspots over time.

SunSpotsvsTemp

The above chart shows a correlation of global temperatures to sunspot activity.

If these predications hold true, there could well be a disruption in the food supplies around the world. You might choose to stock up on canned goods, or perhaps consider a solution written about in one of my previous blogs, Soylent.

 

LesterLand

16 Oct

There is a political gridlock going on this week on Capitol Hill. One might argue it has been going on for some time. Lawrence Lessig uses a Lesterland analogy to explain how our political officials are elected, while Dylan Radigan fights to get big money out of politics. One thing is very clear : neither party is working to support the average American. They are paid by the largest financial backers in the country, those with the largest financial backing, and the Corporations that hold an ever increasing amount of cash.


The objective of the political figures today is to raise enough cash to get re-elected and to leave office with a much greater personal wealth than they entered office with. The objective is to achieve a bipartisan status quo.

“…they will say that gumming up the works is not part of the problem, it’s part of the solution.”

It is interesting that there is always bipartisan support when it comes to the war on terror, restrictions on civil liberties, and the continuous surveillance of US citizens by the NSA. But when it comes to running the government and developing policies that move the country forward, there can be no agreements.

Edward Bernays Lives On Today

8 Oct

Edward Bernays, known as “The Father of Public Relations” was the Vienna born nephew of Sigmund Freud. He perfected The Psychology of Authority by manipulating the leaders of organizations and governments “to influence the group which they sway“.


His work is attributed to the success of :

  1. Promoting the idea that America’s war efforts (WW I) were
    Making the World “Safe for Democracy”
  2. Developing the market for cigarettes to women though the use of the “Torches of Freedom” campaign.
  3. Providing tools for the German propaganda programs of WWII through his books, used by Joseph Goebbels : “Crystallizing Public Opinion” (1923) and
    “Propaganda” (1928)
  4. Overthrow of the Guatemalan government in 1954 by framing Jacobo Arbenz as a communist who threatened the security of the Western Hemisphere.

Even though his influences can be seen today in advertising on television, it is interesting that in his later years, he was a public opponent of smoking, and campaigned to require licensing of public relations practitioners.

Edward Bernays died March 9th, 1995 at the age of 103.

Educational videos on Edward Bernays :

The Century of the Self (Pulled from YouTube recently…)

        Introduction to “The Century of the Self” on YouTube

        Link to the full versions on Vimeo (3.45 hours long)

    “Edward Bernays and the Art of Public Manipulation” (8.5 minutes long, available on YouTube)

Herbert Stein’s Law

3 Oct

The father of Ben Stein, Herbert Stein, wrote that “If something cannot go on forever, it will stop”.


If we look at the distribution of wealth in the US, Stein’s Law is at work. Stein’s law could be used as a way to describe why the “American’s Are Not Getting Fatter” as well, or why Detroit went bust.

And, as the Federal government begins to address raising the National Debt limit in the next couple of weeks, it is very much consistent with Stein’s Law that “it’s not really a ceiling if you continue to raise it.”

What is more important to the average Joe, is what’s going to happen to the stock market, and the economy. As the “U.S. Stock Market Moves Further Away From Reality“, below is a chart of the stock market (SPY) over the last 20 years. It looks like another top could be forming.


If Stein’s Law is working on the debt ceiling, it may be working on the stock market as well.