Which is worse? A rogue NSA or a President who gives his approval and then lies about it? - Washington's Blog
The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant. - Robespierre, one of the leaders of the French Revolution
Ever wonder why you are not reading news about the Fukushima nuclear reactor disaster? Do you even realize what a catastrophe it is - and will be for the west coast of the United States? How about because of the fact that General Electric built all six reactors for plant and was integral in the construction of it. It just so happens that GE used to own NBC, CNBC and MSNBC as well. Rest assured that GE has made sure that Comcast, NBC's new owner, has placed a media blackout on Fukushima at those news outlets. But it also happens that GE's CEO, Jeff Immelt, has been tapped to be one of Obama's "special" outside advisers. You can bet that Immelt made sure a general squelching of any news related to Fukushima was ordered by Obama. Why? Let's find out.
I was not paying attention to this issue either until a friend of mine who is an energy trader brought it to my attention. He has made it an avocation of his to dig up as much news as he can from alternative sources in order to stay informed. Some of the reports he has mentioned to me would make the hair on the back of your neck stand up. For instance, did you know that herring fish with blood coming out of their eye sockets are being caught off the coast of British Columbia, Canada? I bet your local newspaper didn't catch that story...
I also heard a news report about tuna fish being caught off the coast of California that were found to have high levels of radiation. In addition, apparently there are massive pools of cesium-137 - i.e. radiation-laced sea water - headed for the coastline of California (the Kuroshio Current). This is another reason why the U.S. has put an informal media blackout on Fukushima-related news. Imagine the devastation to California real estate bubble values if people were truly informed.
The author of Washington's Blog has posted a very informative, truth-seeking article about just how deadly the Fukushima nuclear disaster is becoming and I highly recommend spending time reading it - it might just add another dimension to your understanding of just how severe the problems are in this country: Fukushima Is Here
There are technical details about what's happening there that are even worse than that blog report but I'll spare you the details. But did you notice that there was tsunami warning after an earthquake in the Fukushima area this past weekend that seemed to completely disappear from the news? I guess we can just call that the case of the disappearing weather disaster. But even if a big wave of water doesn't crash down on Fukushima, based on what my friend has told me the earthquake alone has likely caused the release of even more deadly radiation into the ocean and into the current that takes seawater from Japan's coast to the north coast of California...
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Mainstream economics is in denial: the world has changed
ReplyDeleteDespite the crash, the high priests of economics refuse to look at the big picture – and continue to prop up world elites
How do elites remain in charge? If the tale of the economists is any guide, by clearing out the opposition and then blocking their ears to reality. The result is the one we're all paying for.
http://www.theguardian.com/commentisfree/2013/oct/28/mainstream-economics-denial-world-changed
It's all related. People need to pull back from the current system in any way they can before it's too late.
Agree on the scale of disaster and the news blackout. There seems to be a forced blackout in major media on Fukushima. However, Comcast owns NBC and CNBC now, not GE.
ReplyDeleteJust how the hell are the 2020 olympics going to be held in Tokyo? Food fish from the pacific may be a disaster.
I have supported nuke power all my life. The nuke engineers have PROVEN they cannot get it correct. We still have nuke plants in CA. Just a matter of time for a big quake and a problem here in the USA. Talk about a real estate crash and an economic disaster. That would do it. They have to remove the nuke plants in CA. Again, the engineers of this shit cannot be trusted.
I eat a lot of tuna because I work out. I used to eat light tuna, but its price was jacked up while the quality sucks to the point of draining tuna when you squeeze water out. I do wonder if all the white tuna I now eat is harmful. I did notice Fukushima gets zero attention in the news these days. BTW, Robert Shiller was interviewed by Lauran Lister on YahooFinance and says overall, real estate is not overvalued. I didn't know if you thought of him as a stooge or a good source of unbiased information....
ReplyDeleteMore new-car buyers opt for 7-year loans
DeleteThe longest-term new-car loans — 73 to 84 months — have jumped 25.1% in the past year and now make up 19.5% of total new-car lending, according to Experian Automotive. All other loan-length categories, in fact, have become less popular as buyers shift to longer terms to get lower payments.
The next-shorter category — 61 to 72 months and considered a very long loan only a few years ago — now is 41.7% of new-car loans, Experian says. That's down 3.2% from a year ago, but it's still by far the biggest single loan-length category.
Short loans of 25 to 36 months — the time limit that many financial planners and advisers recommend not be exceeded — fell 24.7%, and the 37-to-48-month loan category was off 2.4%.
The phenomenon marks a turnabout from the Great Recession, when lenders were tight with even shorter-term car loans. Now, low interest rates, near-record low loan delinquency rates, high average used-car prices and cars lasting longer all appear to be contributing to the trend.
Also having an effect: old trade-ins. The average age of vehicles on the road is about 11 years, while the average transaction price of a new vehicle has gone from $25,703 in 2002 to $30,592 now, according to researcher TrueCar.
http://www.usatoday.com/story/money/cars/2013/10/28/long-term-car-loans/3191819/
I guess everyone is doing this b/c the economy is great and they have more real disposable income?
Let's see how stable real estate prices are when rates tick up just a little....
China reconsiders long bet on Treasuries
China's bet on US Treasuries has also worked quite well for the US. It has provided an increasingly important source of external funding that a saving-short US economy has so desperately needed.
By doing so, Chinese demand for US Treasuries has also limited upward pressures on longer-term US interest rates, possibly by an entire percentage point.
That, in turn, has provided valuation support for other asset markets that buttressed US domestic demand, especially private consumption. And China's support for US aggregate demand has provided impetus to the external underpinnings of its export machine.
The mutual benefits of codependency are no longer sustainable. Of the two nations, China has been first to figure this out. The rebalancing of an unbalanced Chinese economy is a central feature of the 12th Five-year Plan (2011-15).
With that rebalancing, a consumer-led China will draw down its surplus saving and reduce its accumulation of foreign exchange reserves. And that will have the important effect of curtailing China's demand for dollar-denominated assets, especially US Treasuries.
http://www.globaltimes.cn/content/820862.shtml?utm_content=buffer2668f&utm_source=buffer&utm_medium=twitter&utm_campaign=Buffer#.Um_qfVMlhIH
6 dirty secrets of the IT industry
ReplyDelete"IT pros usually know where the bodies are buried. Sometimes that's because they're the ones holding the shovel.
There are no secrets for IT," says Pierluigi Stella, CTO for managed security service provider Network Box USA. "I can run a sniffer on my firewall and see every single packet that comes in and out of a specific computer. I can see what people write in their messages, where they go to on the Internet, what they post on Facebook. In fact, only ethics keep IT people from misusing and abusing this power. Think of it as having a mini-NSA in your office.
Enterprise security is only as secure as the ethics of trusted IT administrators. How many of them have sys admins who abuse their access privileges is harder to say -- but enough to hit the news almost every week. The scariest thing is that the same people who present the greatest risk are often the very people who approve access."
http://www.infoworld.com/print/229416
ReplyDeleteLBMA Collapse, Gold & The Greatest Short Squeeze In History
What’s interesting is there is a Chapter V in this Reserve Bank of India report titled, ‘Dematerialization Of Gold.’ And as you get to the chart under gold-backed instruments in global trends, what you wind up with is a chart that was excerpted right out of CPM’s book from 2011. What the chart shows is the paper claims on gold being approximately 93 to 1 vs physical gold that is available in the same year. This is an astonishing admission.
It is also admitted in that report that there was 11.2873 billion ounces of gold as having traded, against an available physical market supply of 120.8 million ounces. Now, to save people from having to do the arithmetic, that’s over 93 to 1. This is one of the things that Maguire has been warning the participants in the gold market about, and it’s also one of the things I’ve been trying to warn people about.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/29_LBMA_Collapse%2C_Gold_%26_The_Greatest_Short_Squeeze_In_History.html
Paper Gold Versus Physical Gold
http://jessescrossroadscafe.blogspot.com/2013/10/paper-gold-versus-physical-gold.html
CPM’s Christian from table above.........................
DeleteA Formal Response from Andrew Maguire
Last week, an attempted attack on me was made based upon unreliable and misinformation. The most important question to ask from it is why? This is extremely easy to answer. I am exposing the imminent default of the LBMA unallocated bullion banking system. Ever since Jeffrey Christian of CPM Group made the mistake of admitting that a 100/1 leverage was routinely employed by the LBMA Bullion banks, it would appear his credibility with regard to his industry peers, was brought into question by exposing a default vulnerability of the entire LMBA unallocated Bullion banking system. My work in telegraphing and publicising this information has put him on the defense to try put negative spin on my highly successful trading career.
Attempts to discredit my work by focusing on my credentials 40 years ago, using unreliable sources, confirms that the recent information that I am uncovering is exposing the very real risk of a potential LBMA default. Andrew Maguire’s full response to Jeffrey Christian’s fraud allegations that Maguire has no precious metals markets experience is below:
http://www.silverdoctors.com/a-formal-response-from-andrew-maguire/
GW's blog been outstanding source of information about this. We also have had oarfish wash up in this vicinity, dolphins with "measels" and just about everything else one could think of regarding radiation poisoning. I used to order tuna from a fellow in Santa Cruz and I have eaten it for years, I stopped eating it about 6 months after fukushima. I wouldn't eat anything from the Gulf of Mex. or Pacific ocean if I can help it. Tragedy on a monumental scale however this was always about GE and was from the start. If you recall it slipped out from Hillary Clinton that our military delivered something to the japanese on the third day of crisis....that story just vanished. Also there was a court action in San Diego from several sailors who were stationed on ship that delivered whatever it was. They sued for exposure and after it was announced it also has vanished into thin air.
ReplyDeleteWe are done......dusted whatever you want to call it. Our system cares more about protecting itself then the people who live in it. Was obvious to me in 2008...driven home and confirmed by the folly known as TEPCO and what it calls its "management" of the problem.
State of Washington, Oregon and California stopped testing for any of this crap shortly after it happened...tells alot
Dave, There is a site called Energy News that covers Fukushima daily, just Google it. As far as seafood, I have not eaten fish out of the Pacific in over two years. I also abstain from all Gulf seafood due to Corexit. When Fukushima went off I was told that the French company Arriva told all their people to leave immediately, that was the "tell" that something went very wrong. All radiation detectors were turned off on the west coast two days after the melt down. Obummer had a press release and said "no need to worry or take iodine tablets". Besides bleeding fish, humans are being affected. The plant is still emitting radiation and North America is still being dosed. All of this information and more can be verified and accessed thru ENERGY NEWS. Make sure to click on some links and listen to what some top physicians are saying about the effects of prolonged exposure. One of the ways to combat radioactive accumulation is to detox with Bentonite clay and Zeolite. Hope this helps people to understand what we are all up against.
ReplyDeleteI have a friend who fishes for four months each summer. He houses 10 miles up from the mouth of the Kenai River and catches, cleans, freezes, and ships the fish to Arizona for winter time eating. I asked him if he noticed abnormalities. He said no, and that debris from the Tsunami on Japan's east coast was showing up near the Cook Inlet, so the game and fish were testing the fish and found no radiation contamination issues. This is likely over-baked IMHO.
ReplyDelete