Author Archives: JimQ

LIES, LIES AND OMG, MORE LIES

It’s that time of year again. It’s open enrollment for health plans at my employer. They are biggest employer in Philly and have the most leverage possible with the insurance companies. They have such good leverage that my premiums are … Continue reading

Posted in Business / Economics, General, Media, propaganda | Tagged , | 3 Comments

WORST CASE SCENARIO = 73% DOWN FROM HERE

As the stock market gyrates higher and lower in a fairly narrow range, the spokesmodels and talking heads on CNBC breathlessly regurgitate the standard bullish mantra designed to keep the muppets in the market. They are employees of a massive … Continue reading

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YELLEN, DRAGHI, KURODA: DERANGED LAB RATS

The stock market has regained all of its loses year to date as economic indicators continue to flash red, corporate profits continue to plunge, consumers continue to spend less at retailers, real wages continue to fall, and housing sales continue … Continue reading

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VOTING TO DESTROY THE ESTABLISHMENT

“The inability to predict outliers implies the inability to predict the course of history” ― Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable “I know that history is going to be dominated by an improbable event, … Continue reading

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Message to the Voting Cattle

By Stucky Our own awesome ‘wip’ posted this video in another thread, and asked me to listen to it. I did, and it’s freaking fabulous. I agree with about 95% of it. It explains as well as I’ve ever heard, … Continue reading

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THE GREAT CORPORATE EARNINGS FRAUD

“What are the odds that people will make smart decisions about money if they don’t need to make smart decisions–if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they’re still all wrong.” ― … Continue reading

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MORE THAN 30 BLOCKS OF FISCAL IRRESPONSIBILITY

“Democracy is a pathetic belief in the collective wisdom of individual ignorance. No one in this world, so far as I know—and I have researched the records for years, and employed agents to help me—has ever lost money by underestimating … Continue reading

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NO WAY OUT

I know there are many people out there who don’t watch the daily drivel emanating from their 72 inch HD boob tubes. I don’t blame them. Most of the shows on TV are dumbed down to the level of their … Continue reading

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THE ODDS ARE NEVER IN YOUR FAVOR

The irony of the phrase “may the odds be ever in your favor” is not lost on the readers of the Hunger Games trilogy of novels or the film adaption. Despite the grimness of the story, over 65 million copies … Continue reading

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FOURTH TURNING – SOCIAL & CULTURAL DISTRESS DIVIDING THE NATION

I wrote the first three parts of this article back in September and planned to finish it in early October, but life intervened and truthfully I don’t think I was ready to confront how bad things will likely get as … Continue reading

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CONFUSION, DELUSIONS & ILLUSIONS

Two recent surveys, along with numerous other studies and data, reveal most American households to be living on the brink of catastrophe, but continuing to act in a reckless and delusionary manner. There have certainly been economic factors beyond the … Continue reading

Posted in Business / Economics, General | 8 Comments

WHY THIS FEELS LIKE A DEPRESSION FOR MOST PEOPLE

“And the little screaming fact that sounds through all history: repression works only to strengthen and knit the repressed.” – John Steinbeck, The Grapes of Wrath Everyone has seen the pictures of the unemployed waiting in soup lines during the … Continue reading

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FOURTH TURNING: CRISIS OF TRUST – PART 3

In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I pondered possible Grey Champion prophet generation leaders who could arise during the regeneracy. In Part … Continue reading

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TWO OUTS IN THE BOTTOM OF THE NINTH

The housing market peaked in 2005 and proceeded to crash over the next five years, with existing home sales falling 50%, new home sales falling 75%, and national home prices falling 30%. A funny thing happened after the peak. Wall … Continue reading

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FOURTH TURNING: CRISIS OF TRUST – PART 2

In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I will ponder possible Grey Champion prophet generation leaders who could arise during the regeneracy. The … Continue reading

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FOURTH TURNING: CRISIS OF TRUST

“Imagine some national (and probably global) volcanic eruption, initially flowing along channels of distress that were created during the Unraveling era and further widened by the catalyst. Trying to foresee where the eruption will go once it bursts free of … Continue reading

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DEPARTMENT STORE RESULTS IMPLODING

The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail sales increase of 2.4% is pitifully low in an economy … Continue reading

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STRANGER IN A STRANGE LAND

“Thinking doesn’t pay. Just makes you discontented with what you see around you.” Robert A. Heinlein, Stranger in a Strange Land I wish I didn’t think when I travel to NYC. It only makes me discontented. My last article about … Continue reading

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LIES, DAMNED LIES & STATISTICS

The government released their monthly CPI report this week. Even though it came in at an annualized rate of 3.6%, they and their mouthpieces in the corporate mainstream media dutifully downplayed the uptrend. They can’t let the plebs know the … Continue reading

Posted in Business / Economics, propaganda | 2 Comments

CONSUMERS NOT FOLLOWING ORDERS

Last week the government reported personal income and spending for April. After months of blaming non-existent consumer spending on cold weather, shockingly occurring during the Winter, the captured mainstream media pundits, Ivy League educated Wall Street economist lackeys, and Keynesian … Continue reading

Posted in Business / Economics, General, Politics / World News, propaganda | 7 Comments