Teleprompter in chief will announce that he is about to freeze government salaries for two years. Of course, government workers thank him, as this means federal salaries which have exploded in the past 5 years will be stuck at all time highs for at least two years, even as nominal salaries for everyone else (except FIRE workers of course) continue to decline. As we suggested a few days ago, in order to promote some vaguely credible idea of austerity, instead of freezing salaries, Obama needs to be cutting. Why? One look at the chart below explains it all.
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Monday, November 29, 2010
Saturday, November 27, 2010
Friday, November 26, 2010
Thursday, November 25, 2010
Wednesday, November 24, 2010
Monday, November 22, 2010
The Biggest Holder Of US Debt Is Ben Bernanke
The Fed's official holdings of US Treasury securities now amount to $891.3 billion, which is higher than the second largest holder of US debt: China, which as of September 30 held $884 billion, and Japan, with $864 billion.
Friday, November 19, 2010
Thursday, November 18, 2010
Wednesday, November 17, 2010
Monday, November 15, 2010
Prophetess Baba Vanga Prediction for the next 3000 years on earth
Sunday, November 14, 2010
Prophetess Baba Vanga Prediction for the next 3000 years
Prophetess Baba Vanga predict what will gonna happen in next 3000 years in the world
2010 - The start of WWIII. The war will begin in November of 2010 and will end in October of 2014. Will start as a normal war, then will include usage of nuclear and chemical weapons.
2011 - Due to the radioactive showers in Northern Hemisphere - no animals or plants will be left. Muslims will begin chemical war against Europeans who are still alive.
2014 - Most of the people in this world will have skin cancer and skin related diseases. (as a result of chemical wars).016 - Europe is almost empty
2018 - China becomes the new world power.
2023 - Earth’s orbit will change slightly
2025 - Europe is still barely populated
2028 - Development of a new energy source. (Probably controller thermonuclear reaction) Hunger slowly stops being a problem. Piloted spaceship to Venus deploys.
2033 - Polar ice caps melt. World ocean levels rise.
2043 - World economy is prosperous. Muslims are running Europe.
2046 - Any organs can be mass produced. Exchange of body organs becomes the favorite method of treatment.
2066 - During it’s attack on Rome (which is under control of the Muslims) U.S.A. uses a new method of weapons - has to do with climate change. Sharp freezing.
2076 - No class society (communism)
2084 - The rebirth of the nature.
2088 - New disease. - People are getting old in few seconds.
2097 - This disease is cured.
2100 - Man made Sun is lighting up the dark side of the planet Earth.
2111 - People become robots.
2123 - Wars between small countries. Big countries don’t get evolved.
2125 - In Hungry the signals from Space are received. (People will be reminded of Vanga again)
2130 - Colonies under water (advices from aliens)
2154 - Animals become half-humans.
2167 - New religion
2170 - Big drought.
2183 - Collony on Mars becomes nuclear nation and is asking for independence from the Earth. (same way as U.S. did from England)
2187 - Successfully two volcano eruptions are stopped.
2195 - Sea colonies are fully supplied with energy and food.
2196 - Full mixture between Asians and Europeans.
2201 - Thermonuclear reactions on the Sun slow down. Temperatures Drop.
2221 - In the search of Alien life, human beings engage with something very freighting.
2256 - Spaceship brings a freighting new disease into Earth.
2262 - Orbits of planets start to change progressively. Mars is undera threat of being hit by a comet.
2271 - Physic properties are calculated over, since they changed.
2273 - Mix of yellow, white, and black race. New race.
2279 - Energy out of nothing (probably from vacuum or black holes)
2288 - Travel through time. New contacts with the aliens.
2291 - Sun cools. Attempts to fire it up again are taken.
2296 - Bright flashes on the Sun. Force of gravity changes. Old space stations and satellites begin to fall
2299 - In France, there is a partisan uprising against Islam.
2302 - New important new laws and mysteries about the universe are uncovered.
2304 - The mystery of the Moon is uncovered.
2341 - Something frightening is closing in with Earth from the space.
2354 - Accident on one of the man made suns, will result in drought.
2371 - Mighty hunger.
2378 - New and fast growing race.
2480 - Two man made suns will collide. Earth is in the dark.
3005 - War on Mars. Trajectory of planets changes.
3010 - Comet will ram into the Moon. Around Earth there is a belt of rocks and dust
3797 - By this time, everything living on Earth dies. But humans are able to put in the essentials for the beginning of a new life in a new star system.
Stargate on Gulf of Aden
USGS is reporting a very unusual swarm of significant earthquakes starting early this morning in the sea between Africa and the Arabian peninsula, right off the coast of Yemen, and in one of the world's most important and busiest shipping lanes.
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Sunday, November 14, 2010
The Mortgage Reset Monster 2010
Longtime readers are familiar with the various iterations of this chart, showing all the resets on adjustable-rate mortgages coming down the pipe. But with the Fed keeping rates so low, many homeowners are actually seeing their payments fall.
“I don’t see much of a payment shock as long as interest rates remain low,” says Frank Nothaft, chief economist at Freddie Mac. Of course, he’s ignoring the interest-only loans… on which borrowers will have to start paying principal soon.
So it’s come to this… The Fed is bailing out ARM borrowers by skewering savers. And we suspect all it can do is put a brake on the housing market’s continued fall.
Saturday, November 13, 2010
Friday, November 12, 2010
Thursday, November 11, 2010
Insider Selling Hits All Time Record Of $4.5 Billion In Prior Week As Everyone Is Getting Out Of Market
Insider selling at Standard & Poor’s 500 Index companies reached a record in the past week as executives took advantage of a two-year high in the stock-market to sell their shares.
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Tuesday, November 9, 2010
Should One Invest in America's Stock Market Now
1. The Leading Wave Index (LWX) indicator, color coded in the price bars of the following daily chart of the Wilshire 5000 index, turned off the bullish time-window on Thursday with a registered negative value of the LWX. Based on the forecast of the LWX indicator, the market could be entering the bearish time-window which looks similar to what it acted in the late of April (see the white circles marked on the chart).
2. The Broad Market Volatility (BIX) index, measured from over 8000 U.S. stocks, closed at 5 on Friday and remains well below the panic threshold level of 46 indicating that the current market is still bullish. The BIX is plotted in the following chart as compared with the Wilshire 5000 index.
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2. The Broad Market Volatility (BIX) index, measured from over 8000 U.S. stocks, closed at 5 on Friday and remains well below the panic threshold level of 46 indicating that the current market is still bullish. The BIX is plotted in the following chart as compared with the Wilshire 5000 index.
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Monday, November 8, 2010
A Dollar-Devaluation Adjusted Market Has Barely Moved Above Its 2009 Lows
Over the past two years there has been no real growth in asset values, as it has all come at the expense of every central bank's ongoing, and accelerating, debasement of its currency.
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Sunday, November 7, 2010
Saturday, November 6, 2010
How Ben Bernanke Sentenced The Poorest 20% Of The Population To A Cold, Hungry Winter
The problem, however, is that for the lowest 20% of Americans, as per the BLS, food and energy purchases represent over 50% of their after-tax income (a number which drops to 10% for the wealthiest twenty percentile). In other words should rampant liquidity end up pushing food and energy prices to double (something that is a distinct possibility currently), Ben Bernanke may have very well sentenced about 60 million Americans to a hungry and very cold winter, let alone having any resources to buy trinkets with the imaginary wealth effect which for over 80% of the US population will never come.
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Friday, November 5, 2010
Tuesday, November 2, 2010
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