sell! sell! sell!

[PatsFan1283]

Yeah, I'd say like Hillary -200 is right. Same as a -4.5pt fav in the NFL.

I would think the blacks get to the polls with the whole BLM thing, then the hispanics get there because of the deportation stuff. Then the working class whites get there for Trump way more than they did for Romney. But there might be some groups that Romney got that Trump won't. Women might not go for Trump.

Hillary just needs the Obama-coalition to come out for her based on their hatred of Trump.

Either way, we're fucked. We'll see what happens.

 

[tiznow]

Yeah fucked regardless

now -240 at BF.. Was much chalkier prior to this..

 

[PatsFan1283]

How long can they prop the equity markets up? Going to be difficult with all this unrest out there.

Eventually some of that has to spill over into the financial world. And the fed has nowhere to go from here.

 

[tiznow]

Who the hell knows... but when it does all hell gonna break loose as average American already struggling before next bubble burst begins...

 

[PatsFan1283]

It is possible we just Japan-style slow growth instead of a collapse. Seems like we have more debt in citizens, local and state levels where we couldn't afford that type of malaise without a big restructuring.

As long as healthcare, education, housing, etc all crony capitalist industries then the wealth extraction should continue though.

 

[tiznow]

Japan's situation not bad for citizenry as they have a very high savings rate...

much different here.. Everything is debt fueled/bubbled beyond our means...

 

[tiznow]

When you have the savings ... during deflation u gain purchasing power .. Example new car bubble with cheap financing currently in progress... will be hoards of cheap cars for savers in a few years once bubble burst...

On the other hand during deflation.. debt burdens increase as it is harder to pay it off..

Very different situations...

 

[PatsFan1283]

I just don't see how things can get better before getting worse. So many institutions are backwards right now.

And given the unrest when the economy is atleast being propped up somewhat effectively, imagine how bad it will be when the '08 black swan finally comes.

People are putting faith into Trump to solve every problem in short order the same way they put that faith in Obama to do so. Our society is way too narcissistic to want any type of real sacrifice that would lead to long-term sustainability.

 

[CHOPTALK]

Is there anything I can put money into that can beat inflation that's not in the equity market?

 

[PatsFan1283]

Is there anything I can put money into that can beat inflation that's not in the equity market?

Good question.

Really hate seeing the market go up after I sold everything. It is up about 10% since then including dividends reinvested.

I just think cash is all you can do right now. Everything else is overvalued.

Dry powder.

Physical Gold a hedge against inflation/recession is another option. But I hate assets that either 1. pay nothing or 2. produce nothing

 

[tiznow]

Btg produces gold ha

My top miner play .. Gold in correction mode after a good run.. Think you'll be able to get btg in 2.30s before next leg up 2017 their annual production will go from 550k to 800k with new mine.. Great management a rarity in gold mining world..

 

[PatsFan1283]

What about bonds or bond ETFs?

 

[eek.]

Women might not go for Trump.

That's the biggie IMO, his real achilles heel and the one that can keep him out of the WH
I doubt that most women in America would want Mr Trump in charge


"The world has enough for every mans need but not for every mans greed." Ghandi

 

[tiznow]

[h=1]DNC LEAKS SHOW HILLARY CLINTON’S RIGGED GAME[/h]Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam.
Trump accused Hillary Clinton of being the beneficiary of a rigged system. Then the DNC leaks proved it by showing just how aggressively the Democratic National Committee was working to push Hillary and suppress any of her rivals to the crown. Not only was the process rigged with the superdelegates, but the DNC functioned like an arm of the Clinton campaign.
The Sanders campaign demanded someone’s head. Debbie Wasserman Schultz’ frizzy scalp was delivered to Bernie’s door. But Debbie Wasserman Schultz, whose last original idea was trying to score a block of Hamilton tickets from an RNC official, certainly didn’t do any of this on her own.
Hillary Clinton lost her last bid for the White House inside her own party. And she wasn’t about to allow that to happen twice. So the Clintons just took over the DNC. They bought it and it sold out to them.
Sergeant Schultz is a patsy. Another disposable Clintonite in a long line of them from Susan McDougal, who spent 18 months in jail for covering for the Clintons before getting a presidential pardon from Bill, to Sandy Berger, who ducked in to stuff some classified documents about Bill’s terror policies into his socks and got 100 hours of community service for building his own “sock server” full of classified documents. If Hillary wins, then Debbie will become Chief of Staff Schultz, Defense Secretary Schultz or, since we already know she’s willing to do anything for Hillary, Attorney General Schultz.
Top DNC officials targeted Bernie Sanders, raising questions about his religion, testing anti-Bernie narratives, slamming him and cheerleading their candidate. They vetted media pieces about Hillary, suppressed material featuring Bernie Sanders and spied on the Sanders campaign from the inside.
The Democratic National Committee functioned like an arm of the Clinton campaign. The primaries were a fiction whose only purpose and only possible outcome was the coronation of Queen Hillary.
Wiser candidates knew that and stayed away. Those who did show up were really applying to be her second banana, a spot that none of them managed to pick up despite their refusal to hit her hard on any of her glaringly ultraviolet vulnerabilities. Only Bernie Sanders proved to be as deluded in his ambitions as he was in his politics. Only he thought that he could actually win a rigged race against Hillary.
The DNC taught him better. Eventually. It took lawsuits, voter fraud and every dirty trick in the book.
In pursuit of her ambitions, Hillary has been willing to dismantle the superdelegate system for the future, pulling out the chair from future establishment candidates, just so she can get hers. This move, like so many others, demonstrated that there is no Democratic Party. Just the Hillary Party.
The game hasn’t just been rigged. It’s been fixed from the top down.
But that’s the way it always was for Hillary.
Hillary Clinton has never competed in an honest election. And she has never won an election in which an actual capable opponent showed up. Despite the best efforts of the DNC, she struggled against a senile socialist with no math skills who repeated the same few lines no matter what the topic was.
Imagine if she had gone up against Cory Booker or Joe Biden. Hillary would have lost and badly.
That is why Hillary commands an army of minions like Debbie Wasserman Schultz. Clintonworld is a vast enterprise that encompasses non-profit groups and more traditional political organizations which exist solely to smooth her path to the White House. The Clintons are their own country with their own complicated internal government, intelligence agencies, phantom air force, huge budgets and ties to foreign nations.
After Benghazi, it was Clintonites like Cheryl Mills who jumped into action to cover up the truth. Mills had also showed up to purge State Department files after Benghazi, not to mention after numerous other Clinton scandals. After Vince Foster’s suicide, Maggie Williams, Hillary’s chief of staff, removed her documents from his office. Williams went on to manage Hillary’s failed presidential campaign and these days she has a gig at the Clinton Foundation.
That is the secret of how the Clintons can attract so many people to lie, cheat and steal for them. It’s not personal loyalty. Unlike her husband, Hillary Clinton has no charisma. Instead it’s careerism.
The Clintons haven’t just been funneling money for themselves. They built a vast network that would make crime pay. Even if Debbie Wasserman Schultz has to drop out of politics, she’ll have a cushy spot waiting for her in some obscure crevice of the Clinton Foundation funded by arms dealers, Persian Gulf sheikhs and even worse fellows who make them look like princes. Bernie had nothing like it to offer.
Forcing Debbie Wasserman Schultz out accomplishes nothing. The Clintons have built their careers on being able to buy the temporary allegiances of political hacks like her with other people’s money. Until they lose access to that money, the system will continue to be rigged for Hillary by Debbie and Sandy and Maggie and Cheryl and anyone else looking forward to a lifetime sinecure from Clintonworld.
It’s that dirty and that simple.
The Clintons are the source of the corruption. Debbie Wasserman Schultz’ only crime was getting caught. But Clintonworld takes care of its own. Just ask Susan McDougal or Sandy Berger.
The Clintons have become a political dynasty, a royal family crossed with organized crime, a network of secretive institutions trading promises for power and money for loyalty. The corruption of the DNC is neither surprising nor remarkable. Not when the Clintons have corrupted everything else they ever touched from their state to their party to their country.
It’s not just that the Clintons are corrupt. Politics breeds corruption. It’s that their ambition and sense of entitlement have no limitations. There is nothing that they will not do to win. And they think big.
If they can’t win an election, they rig it. If their party doesn’t like them, they take over the party.
But for all the grandiose plans, the Clintons are petty. The DNC leaks show us that Clinton power is built on putting a lot of corrupt dirty little people into places where they can serve their ambitions. Debbie Wasserman Schultz, a ridiculous character, is exactly the type of political hack that the Clintons love. Egotistical, incompetent, vain, absurd, amoral and willing to do anything and everything to get ahead. The typical Clintonite is convinced that their talents are overlooked and resentful of everyone else.
The Clintons have a peculiar talent for finding these sorts of people and seeding them throughout government. And this tidal wave of political hacks, thousands of Schultz’, follows in their wake wherever they go. And the damage they do continues on even long after the Clintons have moved on.
This army of Debbie Wasserman Schultz’ will accompany the Clintons into the halls of government if they win. They will do anything for them in the hopes of a lucrative government job and then a consultancy gig if the Clintons win.
But if the Clintons lose, if the promise of their political dynasty ends, then they will lose everything.

 

[PatsFan1283]

Think Russia leaked it because they want Trump to win?

Tiz do you have any opinion about the bond market while we sit on the sidelines waiting for equity purge.

 

[tiznow]

Bonds a bubble too but probably going negative yield eventually like elsewhere..

 

[tiznow]

Your talking government bonds I assume.. Corporate bonds are obvious bubble ready to blow whenever this latest overall bubble in many areas bursts

 

[tiznow]

[h=1]The Blind Leading The Clueless[/h]Submitted by Jeff Thomas via InternationalMan.com,
Most of us watch television. In part, we seek to be entertained, but, additionally, we often seek to be enlightened as to “what’s going on.” In a difficult era like the present one, in which some of the most prominent countries are experiencing the onset of an economic crisis, virtual cartoon characters are competing as choices in political contests, governments are becoming increasingly rapacious and a police state is developing rapidly, it’s not surprising if the average person questions, “What on earth are they thinking?”
Well, there’s no shortage of media exposure to answer that question. Today, there are a multitude of channels offering 24/7 “news,” from which we may hope to glean some insight as to what the leaders of the world are thinking. Yet, in spite of the endless folderol being offered, the leadership vision remains about as clear as mud.

They don’t want war, but are invading more countries than ever before in history. Political hopefuls are vague at best regarding their proposed platforms for action, yet they attack each other as though they’re reporters for the tabloids. Governments continually speak of their wish to lighten the load on the common man, whilst heaping laws, regulations, fines and taxes on him like never before, and whilst heaping billions in tax dollars on their cronies in the financial industry. They claim to seek greater security for all, but instead, create an endless stream of agencies that have the authority to ignore basic rights and behave more like Mafia shakedown operators than law enforcers. Governments claim to be pursuing a sounder economy, but have created an unprecedented level of debt, that promises to crush the economies of several of the world’s most prominent countries in the very near future.
​

And so, many people look to the media, seeking answers. Typically a news programme will feature a “panel of experts,” who will debate the latest issues. They rarely reach a conclusion, but do succeed in creating a general impression that one political party is out to destroy the country and that the other (which they represent) is out to save it.
In addition to the panels, the media go straight to the source on frequent occasions, interviewing political and financial leaders. The list of questions is invariably prepared well in advance and the interviewee is never caught off guard. His handlers have prepared his answers for him and, on every occasion, a full plate of predictable reheated rhetoric is served up to the viewer for his consumption.
In these repartees, the interviewer is intended to appear congenial yet probing, yet the questions asked are invariably bland enough for the interviewee to either dismiss them or provide an easy retort. The interviewee is intended to appear as though he is informing the public of policies and procedures that, whilst too complicated for the viewer to fully grasp, are well in hand and will provide solutions in the not-too-distant future. Be patient.
The fact that these solutions never seem to arrive seems to be less relevant than the fact that a new solution is underway. In this manner, the viewer, no matter how badly his life is being affected, continues to sit tight and be hopeful, for, surely, better days are just around the corner.
Incredibly, the average viewer seems to be able to consume endless quantities of this propaganda, year after year, and never say to himself, “Something’s radically wrong here.”
If he were to actually turn off the television for a week or so, stand back, and assess the propaganda as a whole, he might conclude that, in fact, the media acts at the behest of the economic and political leaders, to propagate their message. The “debates” and “pressing questions” are limp at best and never lead to any significant change or improvement. Nor are they intended to. They are pacifiers only.
Worse, the leaders themselves continue to not only fail the public, but to steadily morph the governmental, economic and social systems in a direction that will lead inevitably to a bad end.
It is true, of course, that the citizens of these leading nations are becoming increasingly cynical about their leaders and their own futures, but their reaction to the pablum, after having a good grumble, tends to be to “hope the next administration will be better.” This is very foolhardy indeed. (Once the apple is thoroughly rotten, expect to see only worms inhabiting it.)
But those who sense that they’re being shafted need to vent somehow. And, for this we have political parties. Whether our country has Democrats and Republicans, Tories and Labour, or any other such groupings, those who are elected are under no illusion that they exist to serve those who elected them; they exist to serve the major donors who pay for the elections. And the major donors contribute to both parties, in order to ensure that their objectives are carried out by the candidates who are successful, regardless of their party. The overall plan will continue, full steam, regardless of who’s in office.
But the parties do provide the electorate with targets at which to aim their rubber-tipped arrows. Regardless of which party is in power, liberal voters will complain that not enough is being done for their causes and conservative voters will do the same.
Will one win out over the other eventually? Unquestionably not. The system is designed to remain as is – with endless bickering encouraged, but no actual progress planned.
The most prominent countries in the world are on the cusp of a major economic crisis. With it will come political and social crises and, most certainly, war. The television viewer, if he accepts this at all, will say, “Well, that will teach them. Then they’ll have to admit that our side was right.”
Unfortunately, no. After the inevitable economic crashes, after years of pointless warfare, after increased totalitarianism at home, there will be an eventual end to the strife. When the dust begins to settle, the average person will turn on his television, hoping to see that some answers have been reached.
Instead, what he’ll witness, if he turns on a liberal station, will be pundits stating that, if only there had been more QE and more entitlements, it might have all worked out, but that, instead, there was disaster, as a result of the conservatives.
Likewise, the pundits on the conservative station will expound that all the suffering could have been avoided if the entitlements had been kept in check and the bombs could have been dropped on the enemy earlier. Both liberals and conservatives will return to their corners to dress their wounds and prepare for the next round of polarization against each other.
So, who is it that we blame for mankind’s debacles? Surely, we were tricked by the leaders – the politicians, central bankers, leaders of major industries, etc. Or was it the media that did such a sterling job of packaging up the propaganda that we were unable to see the forest for the trees?
It will matter little, because nothing will be learned and we shall begin the game anew. But if it’s a genuine solution we’re after, yes, that is possible. But that solution depends upon whether we’re prepared to cease to allow the media to provide our reasoning for us. We must be prepared to study our leaders’ actions, to be prepared to be contrarian and, most importantly, to question everything. If not, we ourselves are amongst the blind and the clueless and we can expect an endless cycle of the same dog and pony show.

 

[tiznow]

[h=1]Hillary Clinton: Class President Of A Failed Generation[/h]Excerpted from David Stockman's forthcoming book "Trumped! A Nation On The Brink Of Ruin... And How To Bring It Back",
Hillary Clinton has always been at the head of her class. That includes being among the leading edge of the 80-million strong baby boom generation that first started arriving in 1946-1947.
She did everything they did: Got out for Barry Goldwater in high school; got upwardly mobile to Wellesley and social liberation during college; got “Clean for Gene” and manned the anti-war barricades in the late 1960s; got to Washington to uplift the world in the 1970s; got down to the pursuit of power and position in the 1980s; joined the ruling class in the 1990’s; and has helped make a stupendous mess of things ever since.
The baby boom generation which started with so much promise when it came of age in the 1960s has ended up a colossal failure. It has turned America into a bloody imperial hegemon aboard and a bankrupt Spy State at home where financialization and the 1% thrive, half the population lives off the state and real main street prosperity has virtually disappeared from the land.
Quite a deplorable legacy, that. And all the while Hillary has been our class president. God help the world if she becomes our nation’s President. She has betrayed all that was right about the baby boomers in the 1960s; and has embraced all the wrong they did during their subsequent years in power.
It starts during our defining moment when peace finally had a chance in the spring of 1968. We drove a sitting President from office, and, at that, one whose megalomaniacal will-to-power was terrifying.
We called bull on the cold war hysteria that had once put us under our desks at school and now claimed that peasants in far off rice paddies threatened our security. We stopped the Vietnam War cold, dented the Cold War deep and put the whole Warfare State apparatus on the run—–the Pentagon, CIA, the generals and admirals, the military-industrial complex. Within a few years the warfare state budget was down by 40% in constant dollars.
So it was an epochal chance to break the deadly cycle of war that had started a half-century earlier in the bloody trenches of northern France during the Great War; that had been rebooted for a future reprise in the vengeful folly of Versailles; that had been made inexorable by the rise of nationalism, statism, autarky and militarism during the 1930s; and that had been unnecessarily and dangerously extended by the clash of military machines that both victors refused to demobilize after they won the peace in 1945, supplanting the silence of the German and Japanese war guns with the nuclear nightmare of the Cold War.
True enough, the defeat and retreat of the American Imperium by the idealism and defiance of the baby boomers was interrupted by the Reagan defense and Cold War revival. But that historical error is what makes the Clintons all the more culpable…..
It was their job as the first baby boom co-Presidents to finish the work of 1968, and by the time they entered the White House it was a lay-up. The Soviet Union was no more and Mr. Deng had just declared that to get rich is glorious.
The Clintons’ job in 1993 was to have at least the vision of Warren G. Harding. After all, he did demobilize the US war machine completely, eschewed the imperial pretensions of Woodrow Wilson and actually launched a disarmament movement which resulted in the melting down of the world’s navies and the Kellogg-Briand treaty to outlaw war.
Yet the opportunity at the Cold War’s end was even more compelling. There was absolutely no military threat to American security anywhere in the world. The Clintons could have drastically reduced the defense budget by mothballing much of the navy and air force and demobilizing the army.
They should have cancelled all new weapons programs and dismantled the military-industrial complex. They could have declared “mission accomplished” with respect to NATO and made good on Bush’s pledge to Gorbachev to not expand it “by an inch” by actually disbanding it. And, as legatees of 1968, they were positioned to lead a global disarmament movement and to end the arms export trade once and for all.
That was their job—-the unfinished business of peace. But they blew it in the name of political opportunism and failure to recognize that the American public was ready to end the century of war, too.
And you can’t let Hillary off the hook on the grounds that she had the health care file and Bill the bombs and planes. On becoming Senator she did not miss a stride betraying the opening for peace that had first broken-through in 1968.
She embraced Bush’s “shock and awe” campaign in Iraq and was thereby complicit in destroying the artificial nation created by Sykes-Picot in 1916. So doing, Clinton helped unleash the furies of Islamic sectarian conflict that eventually led to the mayhem and brutality of the Shiite militias and the rise of the ISIS butchers on the backs of the dispossessed Sunni tribes and the demobilized officer corps of Saddam.
Tellingly, Hillary Clinton made a beeline for the Senate Armed Services Committee, the domain of the Jackson war democrats, not the Foreign Affairs Committee, where Frank Church had exposed the folly of Vietnam and the treacherous deeds of the CIA. Undoubtedly, this was to burnish her commander-in-chief credentials, but it spoke volumes.
By the time Hillary got to the seat of power, the idealism and defiance of the warfare state that had animated her and the baby boomers of 1968 had dissipated entirety. For her and most of them, it was now all and only about getting and keeping power. In that respect, Hillary’s term at the State Department was a downright betrayal.
Whether by accident or not, Obama had actually been elected as the “peace candidate” by echoing the rhetoric of 1968 that he had apparently read in a book but had been too young to actually hear. What this untutored and inexperienced idealist needed to hear from his Secretary of State was a way forward for peace and the dismantlement of a war machine that had rained havoc on the world, left behind 4 million damaged and disabled veterans who had sacrificed for no good reason and a multi-trillion dollar war tab that had bloated the national debt.
What he got was Hillary The Hawk. When Obama took Bush’s already bloated $650 billion war budget (2005$) to a level that was almost 2X the level Eisenhower thought adequate at the peak of the cold war and upon his parting speech warning of the military-industrial complex, Hillary was completely on board. When Obama was bamboozled into a “surge” of forces in the god forsaken expanse of the Hindu Kush, Hillary busied herself rounding up NATO support.
When her neocon and R2P (responsibility to protect) advisers and Administration compatriots urged making peace by starting wars in Syria, Libya and the Ukraine, Hillary lead the charge. All of them have been disasters for their citizens and a stain on America’s standing in the world.
When the Deep State began lining up the next enemy, Hillary joined the gumming brigade, warning about the China threat. My god, were the red capitalists of Beijing to actually bomb 4,000 Wal-Marts in America their system would collapse in six months and their heads would be hung from the rafters in the nearest empty Foxcon/Apple factory.
Here’s the thing. Hillary Clinton’s sell-out to the Warfare State is not just about war and peace - even as it fosters the former and precludes the latter. It’s also about the nation’s busted fiscal accounts, its languishing main street economy and the runaway gambling den that has taken over Wall Street...
After all this time, however, Hillary doesn’t get any of this. She thinks war is peace; deficits don’t matter; the baby boom is entitled to the social insurance they didn’t earn; and that the Fed’s serial bubble machine is leading the nation back to prosperity.
Actually, its leading to the greatest financial bubble in human history. After 90 months of ZIRP and a decade of Wall Street coddling and subsidization by the Fed, the windfalls to the 1% have become unspeakable in their magnitude and illegitimacy.
Soon 10,000 people will own a preponderant share of the wealth; 10 million people will live grandly off the droppings; 150 million will live off the state; and the rest of America will be left high and dry waiting for the house of cards to collapse.
Hillary rose to fame delivering an idealistic commencement address at Wellesley at the beginning of her career. But like the generation she represents, she has betrayed those grand ideals over a lifetime of compromise, expediency, self-promotion and complacent acquisition of power, wealth and fame.
She doesn’t deserve another stint at the podium - let alone the bully pulpit.

 

[tiznow]

Fed utter comedy .. Now they are like oops no worries anymore everything fine.. But we'll keep the near zirp bubble a going just for fun...

complete joke at this point...

of of course when it all blows up they will be like oops we couldn't see that coming...