Time To Send Off Another Letter To Your Congressman….Household Income Figures Since 1975, All Of Us Pinions Vs Memebers Of Congress

| September 20, 2013

Here’s a full history of the Census Bureau’s figures for median household income.  Notice that median household income in 2012 is below the 1989 figure. That’s 23 years. Not so good. Now let’s look at things from 1975, which is the begining of these records…..Median household income has increased by a cumulative, grand total of 11% […]

Interesting Tid Bit On Our Privacy From Back In 1978

| September 18, 2013

Question…..Did anybody think that our privacy was being compromised back in 1978?  Answer….Probably not. But sure enough and to our surprise it’s the wrong answer. Back on February 24, 1978  The Rockford Files Season 4 Episode 12  was viewed on NBC and the following caption was shown at the end of ‘ The House On Willis Street’ part 2.  This episode was about new […]

Donald Kohn Comments Send Him To The Back Of The Line For Next Fed Chairmanship

| September 16, 2013

Wise Dog Sources believe that Kohn is NOT a deregulator as Summers was perceived to be, and his comments that we review below essentially take him out of the Federal Reserve Chairman job opening! Wikepedia: Donald Lewis Kohn (born November 7, 1942) is an American economist who served as the former Vice Chairman of the Board of Governors of the Federal Reserve System. […]

Five Years After A World Economic Meltdown, BIS (Bank of International Settlements) Ex-Chief Economist Warns “It’s Worse This Time”

| September 15, 2013

It’s concerning how so many people now think that “things are different this time”!  But since complacency has hit an all time record, it’s unlikely to end well. The Swiss-based BIS `bank of central banks’ said a hunt for yield was luring investors en masse into high-risk instruments, “a phenomenon reminiscent of exuberance prior to the global financial crisis”. The former chief economist […]

Some Interesting Tid Bits About Silver…Or As Some Call It – Poor Man’s Gold

| September 12, 2013

Silver appears to be the metal of the future….especially when one considers that 2/3 of all silver produced worldwide is a by product of lead, copper and zinc mining. Major silver users include the electronic and circut board industry, water purification and growing  industrial uses in China, including production of energy saving solar panels. Silver Atomic Number: 47 Symbol: Ag Atomic Weight: 107.8682 Discovery: Known […]

Are New Bank Notes Around The World Going To Be Made Of Polymer?

| September 12, 2013

“Wise Dog” sources say the new normal in money has started a change from paper to plastic!  The reason being that after initial increased costs, the extra durability of the notes would mean they would last longer.  Canada has already adopted the polymer banknote because it’s cheaper to issue then paper notes. Other countries paying with plastic include: Australia was […]

9-11-2001 Remembered Twelve Years Later

| September 11, 2013

As remembering one of the toughest days in our history passes, let’s not forget those innocent kind souls who lost their lives on September 11, 2001.  God Bless America, Land Of The Free and Home Of The Brave.  

Vladimir Putin, Russia’s President Does An Op-Ed With The New York Times…..

| September 11, 2013

Hmm…..This has to be a first, a Russian president does an editorial in a major U.S. newspaper!  Unbelievable! Truely, it really is. Inquiring minds want to know if Russia’s leading newspaper Pravda would allow President Obama to pen his own Op-Ed in Moscow. Just curious! Here is a major exert on a Russian point of disagreement: “I carefully studied his (President Obama) address […]

Stanley Druckenmiller Reviews Key Issues That In His Opinion Will Effect The U.S. Economy

| September 11, 2013

Pay attention everybody, there will be a quiz on this….Stanley Druckenmiller (one of the most successful money managers of all time) addresses key issues for the U.S. economy going forward. Here are a few  snip-its. On what he is most uncomfortable about: “Let’s first set the table and looking at what is going on in the last […]

NSA Has Full “Back Door” Access To iPhone, BlackBerry And Android Smartphones, Documents From Germany’s Spiegel Reveal

| September 8, 2013

This won’t go away…..it’s the new normal in communications. Germany’s Spiegel, broke a story saying that the NSA can spy not only on Android smartphones but tap user data on all iPhone and BlackBerry devices “including contact lists, SMS traffic, notes and location information about where a user has been”. Spiegel reports, citing”internal NSA documents that the […]

Here Are The Most Recent U.S. Crude Oil Import Charts….

| September 4, 2013

The U.S. isn’t “oil  independent” just yet, but we’re working on it!  As you can see from the charts below, most of the OPEC oil imported by the US comes from places other then the Middle East.  Saudi Arabia and Libya are the exceptions.  2013 July vs June Chart Below……. 2013 Year To Date Chart below….. Source: Census Bureau

Say It Ain’t So….The Hemisphere Project (Formerly Known As) Hudson Hawk) Involves Over 4 Billion Recorded Phone Calls Per Day

| September 2, 2013

Here is a spaghetti chart created by the WSJ of the US telecom space. It lays out roughly how many current subscribers (many  from other carriers) pass through  US telecom giant, AT&T.  Submitted by Tyler Durden on 09/02/2013 16:02 -0400  www.zerohedge.com The reason for this is that according to the latest revelations from the NYT, which […]

Happy Labor Day 2013

| September 2, 2013

There are now 130 Million citizens that are not currently employed… off we go with another letter to OUR (We The People) self serving Congress and Senate.  Even they can understand the picture below (we thinx). (h/t @Not_Jim_Cramer)     www.zerohedge.com

The China Plan…In Gold We Trust

| August 25, 2013

The China plan would look to eventually back the Chinesse Renminbi currency with Gold, creating a direct trading challenge to the U.S. Dollar. Russia’s Putin has in the past hinted at something similar for the Russian Ruble! Chinese Gold Imports – China Imports 104 Tonnes of Gold in June China just imported 104 tonnes of […]

We Currently Have The Slowest Start To A Hurricane Season On Record…There Have Been None…Not A One, Zippo, Zero, Ziltch!

| August 25, 2013

Unbelievable!  Ok, now we understand better why the commodity market is so unusually tame, especially the softs which have been weak all summer…By definition a soft commodity is a commodity such as coffee, cocoa, sugar, corn, wheat, soybean and fruit. This term generally refers to commodities that are grown, rather than mined, drilled for or raised such as animals.  So […]

New Home Sales Fall To Lowest Level Since Last October While Builder Confidence Rises To Its Highest Level Since November 2005, No Typo, 2005!

| August 23, 2013

So, it’s said by a number of Realtors that interest rate spikes don’t matter to home buyers….um, maybe they should rethink that idea? Yep, maybe rethink it twice! Purchases of new U.S. homes  plunged in July by the most in more than three years while previous month saless were revised down.  Housing in July showed that a […]

Hindenburg Omen Continues!

| August 18, 2013

The dreaded Hindenburg Omen continues through August 14….. For the 6th day in the last 8, the market has flashed a string of Hindenburg chart warnings that suggest that all is not well in a stock  market considered by some to be “ government driven”. See our review of this several posts below, it will explain the Hindenberg Omen in detail.

Currently, Stock Markets Of The World Show Little Fear…But Maybe They Should!

| August 13, 2013

Why, you say…. It’s the dreaded Hindenburg Omen! “The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937, during which the German zeppelin was destroyed in a sudden conflagration.” The Hindenburg Omen is not a guarantee of a […]

How LIBOR Sets Interest Rates

| August 8, 2013

Did you ever wonder just what LIBOR stands for…….well now you know! Until July 2012, the London Interbank Offered Rate (LIBOR) was the biggest little number that nobody outside finance understood, and yet it touched the lives of virtually everybody. LIBOR is an interest rate that gets calculated for ten currencies and fifteen borrowing periods […]

Velocity Of Money Sits At Historic Lows….

| August 6, 2013

What this means is that money is not being circulated through the system, instead it is parked in things that don’t ecourage growth in the economy.  Velocity of Money is now at all time lows. Here is how to explain it:  The velocity of money (also called velocity of circulation and, much earlier, currency) is the average frequency with […]

Baltic Dry Index…A Sinking Ship

| August 6, 2013

Reviewing the overall global trade activity, the Baltic Dry Index shows we remain in record low territory. The global economy is moving at stall speed….   www.kingworldnews.com

Home Ownership Rates Continue To Fall

| April 30, 2013

The US Census Bureau reported earlier today that the US homeownership rates in the first quarter of 2013 dropped by 0.4% to a new 18 year low.  It now sits at 65% which is it’s lowest rate since 1995! www.zerohedge.com

The Rich Get Richer, And ….Well, You Know The Drill

| April 23, 2013

It’s now a rich mans world, but it wasn’t always this way! As the Pew Research Center finds, during the first two years of the US economic ‘recovery’, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% […]

Is The System Rigged Or Is It Just Magic…It’s Your Call!

| April 21, 2013

The  U.S. GDP Will Be Revised Higher By $500 Billion Following Addition Of “Intangibles” To Economy Those who have been following the US debt to GDP ratio now that the US officially does not have a debt ceiling indefinitely, may have had the occasional panic attack seeing how this country’s leverage ratio is rapidly approaching […]

Bad Seats…Hey Buddy!

| March 12, 2013

Hmm…This from the very successful Kyle Bass We are right back there! The brevity of financial memory is about two years. I don’t get paid to be an optimist, I don’t get paid to be pessimist, I get paid to be a realist – and a prudent fiduciary of the capital, and then if i […]

Samsung Galaxy Cell Phone May Work Like Magic With Eye Control

| March 10, 2013

Amazing things are happening in technology…… The Samsung S4 launch will be on Wednesday Rumoured features include wireless charging and ‘eye scroll’ screen The iPhone may face its biggest challenge for supremacy in the smartphone market this week with the launch of the new Samsung Galaxy. In what has been described by some as the most eagerly […]

Retirement Market Assets Are Looking Much Better…But We Have A Long Way To Go

| March 8, 2013

Hmm….the average working age person has only about $79,651 saved up for retirement. That works out to about  $416 per mounth of retirement payout if retiring at age 62. ICI recently released their retirement plan data through Q3 of 2012. The chart of the day shows the real (inflation adjusted) total retirement market assets per working age citizen […]

The Consumer Appears Taped Out As Income Dropped By The Most In 20 Years…At The Same Time A Trap Door Just Opened, Taking The Savings Rate Back To 2007 Levels

| March 1, 2013

How do we define austerity?  Quit simply we think it means that out into the future… “we’re all going to be poorer”. This sets up a bad game, and looking at the view of the field, it really doesn’t look anything like the ticket they sold us……more specifically, we have  “bad seats, hey buddy…front row behind a pole, and we just sat […]

A Trillion Here And A Trillion There…. And Pretty Soon You’re Talking Real Money

| February 27, 2013

In some cases, a picture is worth a thousand words….in this case, we’re in the trillions. www.jsmineset.com

It’s Raining Foodstamps…..

| December 9, 2012

How about that!   Just over a mind-boggling 50 million Americans are living in absolute poverty while collecting the $134.29 average monthly benefit per person.     Here’s a fictitious account of how food stamp day might go……..No time to work just got hooked up for some free money, gotta go wait in that long food stamp line, it goes down the […]

You Won’t Believe This One…..

| November 25, 2012

According to Business Week: Last year, for the first time ever, sales of adult diapers in Japan exceeded those for babies. Yep, we said you wouldn’t believe it!  

Fiscal Cliff’s And Slippery Slope’s

| November 19, 2012

Cumberland Associates has this perspective about the world wide slippery economic situation, and failed post-retirement promises made to a trusting populace. Let us get back to the difference between the US and Europe. European peripheral countries waited too long.  Now they cannot fund the promises that they made for retirement and post-retirement benefits, and so they have to […]

The 2013 AMT Tax Nightmare Could Hurt Tens Of Millions Of People

| November 15, 2012

This from Bruce Krasting: The Wall Street Journal reports this morning that President Obama is going to ask for $1.6T in new taxes when he speaks on Friday. The only way that this sized tax increase could be accomplished is if the AMT (Alternative Minimun Tax) is indexed to inflation and hits tens of millions of […]

New Technologies Set To Make U.S. The Worlds Largest Oil Producer By 2017

| November 13, 2012

This will change everything folks…….Growing supplies of crude oil extracted through new technologies including hydraulic fracturing of underground rock formations will transform the U.S. into the worlds largest producer of oil starting as early as 2017, the Paris-based adviser to 28 nations said in its annual World Energy Outlook. The U.S. met 83 percent of its energy needs […]

Well…

| October 29, 2012

Maybe it’s just aa simple matter of to many video games……or not!

Looks Down Right Scarey!

| October 27, 2012

Median U.S. household incomes have been stagnant for most of the last twenty years…and falling hard for the last four years. But…..the top 10% and the top 1% earners have risen dramatically! www.mauldineconomics.com

More On The Upcoming U.S. Election….

| October 25, 2012

Looks like a heavy breeze is blowing accross this windy political road with switch backs at every turn….. The Senate electoral landscape was supposed to favor Republicans, who are defending 10 seats, compared with 23 for Democrats. Democrats now control the Senate 53-47. Republicans must hold all of their seats and pick up four to gain control if President […]

Latest Take On The United States Upcoming Presidential Election

| October 24, 2012

Here is an interesting new projection of the presidential election.  It comes from John Mauldin’s ‘Thoughts From The Front Line’ ….it looks like a toss up to us! According to Bickers and Berry’s analysis, Romney is projected to receive 330 of the total 538 Electoral College votes. President Obama is expected to receive 208 votes – down […]

Here’s One For The Road…Who Is – The Worlds Biggest Hedge Fund….And No It Isn’t Bridgewater, Which Is Second On The List

| September 30, 2012

Wow, this is really unbelievable.  Truly, it’s unbelievable! You’ll never guess the name that controls the worlds biggest hedge fund. Chances are good that nobody will get this one right! The world’s largest hedge fund is not located in the top floor of some shiny, floor-to-ceiling glass clad skyscraper in New York, London, Hong Kong or Shanghai. Instead […]

The Guessing Game….

| September 30, 2012

In This Guessing Game……There Are Four Possible Answers.  So here we go with inquiring minds! With the World on your shoulders,  which one  of  these four outcomes would you look to hitch your horse to…. 1. One who knows and knows that he knows… His horse of wisdom will reach the skies. 2. One who knows, but doesn’t know that he […]

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