Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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“Things always become obvious after the fact”Nassim Nicholas Taleb

“Facts do not cease to exist because they are ignored.”  – Aldous Huxley

The S&P 500 currently stands at 2,126, fractionally below its all-time high. It is now 300% above the 2009 low and 34% above the 2008 and 2001 previous highs. Most people believe this is the new normal. They are comfortably numb in their ignorance of facts, reality, the truth, and the inevitability of a bleak future. When the herd is convinced progress and never ending gains are the norm, the apparent stability and normality always degenerates into instability and extreme anxiety. As many honest analysts have proven, with unequivocal facts and proven valuation measurements, the stock market is as overvalued as it was in 1929, 2000, and 2007.

Facts haven’t mattered, as belief in the infallibility and omniscience of Federal Reserve bankers, has convinced “professionals” to program their high frequency trading supercomputers to buy the all-time high. If central bankers were really omniscient and low interest rates guaranteed endless stock market gains, then why did the stock market crash in 2000 and 2008? The Federal Reserve’s monetary policies created the bubbles in 2000, 2007 and today. There was no particular event which caused the crashes in 2000 and 2008. Extreme overvaluation, created by warped Federal Reserve monetary policies and corrupt Washington D.C. fiscal policies, is what made the previous bubbles burst and will lead the current bubble to rupture.

Benjamin Graham and John Maynard Keynes understood how irrational markets could be over the short term, but eventually they would reach fair value:

“In the short run, the market is a voting machine but in the long run, it is a weighing machine.” – Graham

“The market can stay irrational longer than you can stay solvent.” – Keynes

Graham’s quote reflects the difference between hope and reality. This explains the ridiculous overvaluation of Amazon, Shake Shack, Twitter, Linkedin, Tesla, Google, and the other high flying new paradigm stocks. Story stocks soar because the herd believes the stories peddled by Wall Street and company executives. Five of these six stocks don’t have a PE ratio because you need earnings to calculate a PE ratio. In the long run the market will weigh the value these companies based upon profits and cashflow. It is the same story for the market as a whole. There is no question who is to blame for what now amounts to a three headed hydra of bubbles poised to burst.


Stop Wasting Time!! (Cuz You’ll Be DEAD Before You Know It)


Posted on 24th May 2015 by Stucky in Economy


“How we spend our days is, of course, how we spend our lives.” — Annie Dillard

How much water is left in YOUR fishbowl?


Imagine that the moment you are born that your number of allotted years is represented as a fishbowl of water. For some, the bowl of water represents 90 or more years. Sadly, others only get a day. Most of us are allotted days somewhere in between. But, the fact of the matter is that the quantity is quite finite. In more morbid terms, we all march inexorably to our deaths from the moment we enter this world.

Now, this is a most unsettling thought! So unsettling, in fact, that most of us can’t handle it. Sure, we all know we’re going to die – in a 21st century intellectually rationalist sort of way. But, we really don’t BELIEVE it – nosiree, not with the same conviction that we believe, for example, that the sun will rise tomorrow. Seneca tells us as much when he writes;

 “You live as if you would live forever; the thought of human frailty never enters your head, you never notice how much of your time is already spent.” ———— Seneca (quotes in green)

I don’t know about you … but, that pretty much sounds like me. I rarely give my fishbowl much thought.


Seneca states that not only do we refuse to come to terms with our very brief time on earth but, even worse, we waste away the precious little time we do possess. He goes into considerable detail showing how we shackle ourselves to our labors and our professions. He laments that we give so much of ourselves – in terms of time – to those who do nothing but waste our time. He considered it a tragedy that too many die as if they were children, never having learned to live a full life. In modern terms he would say we’re all too happy that etched on our tombstones is our greatest accomplishment; “He filled out all his expense reports on time.”




Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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So a white family has been systematically bullied for months, verbally abused, beaten, had their heads slammed into railings, and pummeled with brass knuckles by feral black animals in the Juniata section of Philadelphia, but only one news station even mentions the attack. Where are the black leaders of Philadelphia declaring this a hate crime? Oh, I forgot. Only white people commit hate crimes. Where is the black mayor of Philadelphia calling this an outrage? Where are the protestors in the streets supporting this white family?

Where are the fucking arrests of the feral dogs who committed this hate crime? The people in this neighborhood know exactly who committed this crime. Why aren’t they turning in the black perpetrators? I’m sure Al Sharpton and Jesse Jackson are on their way to Juniata Park to support the white family as they recover from their beating. The teleprompter in chief will surely be making a statement.

What do you think would be happening today if this had been the only black family in an all white neighborhood who had been beaten by whites? The outrage and shrill declarations from black “leaders” would be deafening. What we hear today is silence. Who are the real racists in this country?

Witnesses: Father, 2 Daughters Beaten by Crowd During Memorial Day Cookout

FILE – Getty Images

A father and his two daughters are recovering after witnesses say they were beaten by a large crowd on Memorial Day in an attack they believe was racially-motivated.

A Bucks County man, who we are not identifying, told NBC10 the incident was the culmination of several months of bullying. The man’s mother, sister, brother-in-law and four nieces and nephews between the ages of 7 and 12 live at a home on Lawndale Street in the Juniata section of Philadelphia.

The father told NBC10 his sister’s family is the only white family living on the block and that for the past year the children have been the victims of racially-motivated bullying, name-calling and attacks. The father also says his own children, his 6-year-old son who has autism, 12-year-old daughter who has Asperger’s syndrome and asthma and 14-year-old daughter who has Type-1 diabetes, have been the victims of bullying whenever they visit.




Posted on 26th May 2015 by T4C in Economy |Politics |Social Issues |Technology

I’m at liberty to share this from Philosophy of Metrics as it was 

posted under the FreePOM category.





Dinars, Chinese Elders and Dragon Families

MAY 26, 2015

Philosophy of Metrics


The importance of this post stands apart from the majority of the material on POM. The relevance and timing of this information corresponds with the evolution to some of my own initial assumptions and the full application of logic. The post itself will be made available free to all readers in the hope that the information will get to those who need to hear it the most.

Every day tens of thousands of people around the world fall victim to financial and investment scams. These schemes are complex and use official sounding words and documents to provide a sense of legitimacy. Daily conference calls, website forums and groups, and creative writing pitches, are used to create an environment of false future prosperity. The storylines constantly change and shift about in order to avoid any end result or conclusion where riches are awarded.


This 2nd Passport Just “Doubled” in Value


Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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Dual citizenship, coupled with a second passport, holds numerous benefits. It can:

  • Expand your travel and investment possibilities;
  • Give you the right to reside in another country or countries; and
  • Allow you to cross international borders if your primary passport is lost or stolen.

However, the most compelling reason to obtain a second passport is that it could literally save your life. During World War II, the Nazis stripped German citizenship from hundreds of thousands of Jews and shipped them off to concentration camps. Most died there, but a few thousand fortunate survivors had an escape plan: a second passport they could use to escape the Nazis to freedom.

Thankfully, America allows dual citizenship – you can get a second passport from another country and still maintain your US one.

If you’re thinking about taking this step, now is a great time to do so. That’s because the Commonwealth of Dominica, which has the lowest cost “citizenship-by-investment” program in existence, just announced a major expansion in the number of countries that its citizens can visit without a visa.

Effective June 1, 2015, Dominica passport holders will no longer need visas to visit the “Schengen area” – a total of 26 European countries – for visits up to 90 days. In addition, you can travel to any other Schengen country in this 90-day period. In most cases, you won’t need to show your passport except when crossing borders between Schengen and non-Schengen countries.

With the addition of the Schengen area, Dominica citizens can travel without a visa, or obtain a visa upon entry, to more than 120 countries.




Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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Washington Protects Its Lies With More Lies


Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by Paul Craig Roberts

My distrust has deepened of Seymour Hersh’s retelling of the Obama regime’s extra-judicial murder of Osama bin Laden by operating illegally inside a sovereign country. http://www.paulcraigroberts.org/2015/05/11/seymour-hersh-succumbs-disinformation-paul-craig-roberts/ That Hersh’s story, which is of very little inherent interest, received such a large amount of attention, is almost proof of orchestration in order to substantiate the Obama regime’s claim to have killed a person who had been dead for a decade.

Americans are gullible, and thought does not come easily to them, but if they try hard enough they must wonder why it would be necessary for the government to concoct a totally false account of the deed if Washington kills an alleged terrorist. Why not just give the true story? Why does the true story have to come out years later from anonymous sources leaked to Hersh?

I can tell you for a fact that if SEALs had encountered bin Laden in Abbottabad, they would have used stun grenades and tear gas to take him alive. Bin Laden would have been paraded before the media, and a jubilant White House would have had a much photographed celebration pinning medals on the SEALs who captured him.

Instead, we have a murder without a body, which under law classifies as no murder, and a story that was changed several times by the White House itself within 48 hours of the alleged raid and has now been rewritten again by disinformation planted on Hersh.

Perhaps the release of book titles allegedly found in bin Laden’s alleged residence in Abbottabad is part of the explanation. Who can imagine the “terror mastermind” sitting around reading what the presstitute London Telegraph calls bin Laden’s library of conspiracy theories about 9/11 and Washington’s foreign and economic policies? http://www.telegraph.co.uk/news/worldnews/al-qaeda/11619270/Osama-bin-Ladens-bookshelf-featured-conspiracy-theories-about-his-terror-plots.html

Keep in mind that the government’s claim that these books were in bin Laden’s Abbottabad library comes from the same government that told you Saddam Hussein had weapons of mass destruction, that Assad used chemical weapons, that Iran has a nuclear weapons program, and that Russia invaded Ukraine. There is no evidence whatsoever that bin Laden had these books, just as there is no evidence for any claim made by Washington. In the absence of evidence, Washington’s position amounts to this: “It is true if we say so.”




Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues


Via The Feral Irishman

Silver is a special metal


Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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Via 321gold

Mary Anne & Pamela Aden

It always has been. And on a value basis, it’s also a good buy. Silver has been chugging more than gold but once it pops up, it could take off like a bandit.

There are many reasons why silver will go higher and it’s just a matter of time. And as our dear friend Richard Russell points out, JP Morgan is aggressively accumulating physical silver by the hundreds of millions of ounces.

This is the largest accumulation of physical silver by a private entity in history!

Plus, it’s three times the 100 million ounces acquired by the Hunt Brothers in 1980 or by Warren Buffett in 1998.

Some of you may remember when the Hunt Brothers tried to corner the silver market at the peak in 1980 when silver soared to the $50 level. It was a wild moment. And today is even more wild.


JP Morgan obviously thinks silver is going up, and we do too. We think your patience today will be well rewarded in a future rise.

Alan Greenspan also believes gold will be considerably higher in the years ahead. So it’s not only central bankers who are looking ahead. Others are too.

Chart 1 shows silver close up since 2013. It has steps, like gold, as you can see. Keep an eye on these levels as they’ll tell the story.

First of all, it’s important for silver to continue holding above its seven-month support at $15.40. If it then rises and stays above both its old 2013 support and 65 week moving average at $18.50 and $18.20, it’ll start on a bullish path.

Silver could then jump up to the $22 -$24 levels, its next step. By then, it could clearly test the $30, which would be the following step.

The bottom line is, silver has great potential and it appears to be leading the other metals.


Mary Anne & Pamela Aden
email: [email protected]
The Aden Forecast

Surplus Repression And The Self-Defeating Deep State

1 comment

Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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Submitted by Charles Hugh-Smith of OfTwoMinds blog,

The nation is wallowing self-piteously in a fetid trough of denial and adolescent rage/magical thinking now that the nation’s bogus, debt-based “prosperity” has crashed and cannot be restored.

If you type Deep State into the custom search window in the right sidebar, the search results fill 10 pages. I think it is fair to say I have long had a deep interest in the Deep State.
The Deep State is generally assumed to be monolithic: of one mind, so to speak, unified in worldview, strategy and goals.
In my view, this is an over-simplification of a constantly shifting battleground of paradigms and power between a number of factions and alliances within the Deep State.Disagreements are not publicized, of course, but they become apparent years or decades after the conflict was resolved, usually by one faction consolidating the Deep State’s group-think around their worldview and strategy.
History suggests that this low-intensity conflict within the ruling Elite is generally a healthy characteristic of leadership in good times. As times grow more troubled, however, the unity of the ruling Elite fractures into irreconcilable political disunity, which becomes a proximate cause of the dissolution of the Empire if it continues.
I recently proposed the idea that Wall Street now poses a strategic threat to national security and thus to the Deep State itself: Who Gets Thrown Under the Bus in the Next Financial Crisis?(March 3, 2014)
Many consider it “impossible” that Wall Street could possibly lose its political grip on the nation’s throat, but I suggest that Wall Street has over-reached, and is now teetering at the top of the S-Curve, i.e. it has reached Peak Wall Street.
Consider what the extremes of Wall Street/Federal Reserve predation, parasitism, avarice and power have done to the nation, and then ask if other factions within the Deep State are blind to the destructive consequences.


The NSA’s Technotyranny: One Nation Under Surveillance


Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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Guest Post by John W. Whitehead

“The ultimate goal of the NSA is total population control.”William Binney, NSA whistleblower

We now have a fourth branch of government.

As I document in my new book Battlefield America: The War on the American People, this fourth branch came into being without any electoral mandate or constitutional referendum, and yet it possesses superpowers, above and beyond those of any other government agency save the military. It is all-knowing, all-seeing and all-powerful. It operates beyond the reach of the president, Congress and the courts, and it marches in lockstep with the corporate elite who really call the shots in Washington, DC.

You might know this branch of government as Surveillance, but I prefer “technotyranny,” a term coined by investigative journalist James Bamford to refer to an age of technological tyranny made possible by government secrets, government lies, government spies and their corporate ties.

Beware of what you say, what you read, what you write, where you go, and with whom you communicate, because it will all be recorded, stored and used against you eventually, at a time and place of the government’s choosing. Privacy, as we have known it, is dead.

The police state is about to pass off the baton to the surveillance state.

Having already transformed local police into extensions of the military, the Department of Homeland Security, the Justice Department and the FBI are preparing to turn the nation’s soldier cops into techno-warriors, complete with iris scanners, body scanners, thermal imaging Doppler radar devices, facial recognition programs, license plate readers, cell phone Stingray devices and so much more.

This is about to be the new face of policing in America.

The National Security Agency (NSA) has been a perfect red herring, distracting us from the government’s broader, technology-driven campaign to render us helpless in the face of its prying eyes. In fact, long before the NSA became the agency we loved to hate, the Justice Department, the FBI, and the Drug Enforcement Administration were carrying out their own secret mass surveillance on an unsuspecting populace.


Rand Paul: ‘Disingenuous’ Obama Can Stop NSA Spying Any Time He Wants


Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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“Why doesn’t he stop it? What’s he waiting for?”

Guest Post by Steve Watson

Fresh from his marathon filibuster of the proposed extension to the government snooping enabling section of the Patriot Act, Senator Rand Paul slammed the President this morning, accusing Obama of being deceitful over the issue.

Appearing on CBS, Paul noted “Here’s the thing about the president: He’s disingenuous about this,” the Kentucky Republican said on ‘This Morning.’ “The president started this program through executive order — he could end it anytime.”

The Senator also noted that the NSA bulk collection was recently ruled illegal by a federal appellate panel.

“Why doesn’t he stop it? What’s he waiting for?” Mr. Paul said. “He [says], ‘Oh, Congress can stop it.’ He started it on his own. He should stop it, and I’ve asked the president repeatedly, ‘Stop the program.’ “

Paul also refused to be drawn into an argument with anchor Charlie Rose who accused him of using the NSA issue to “sell books”.

Instead Paul stuck to the point, noting that he is not being unreasonable, “I’m just asking for two amendments and a simple majority vote” Paul stated.

“I think sometimes my party gets all caught up in the Second Amendment, which is fine, but we don’t protect the Fourth Amendment enough,” he added.” But actually I think neither party ends up protecting the Fourth Amendment enough, which is the right to privacy.”




Posted on 26th May 2015 by Administrator in Economy |Politics |Social Issues

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