thestatedtruth.com | April 7, 2011
Here is the secret sauce…..revolving credit, or credit cards, actually fell during this period, down 4%. But non- revolving credit, which includes student, auto, and other loans, increased by 7.7%. Interesting to note that January’s numbers were revised down which had the effect of making these February numbers look even better.  U.S. consumer credit surged […]
thestatedtruth.com | April 7, 2011
The top 1 percent have over 40 percent of all financial wealth in this country. And…The top 1 percent has never done so well in relative terms. In fact we would have to go back to the years prior to the Great Depression to find such a glaring divide with income inequality: Source: Center on […]
thestatedtruth.com | April 6, 2011
Portugal has been saying we are good, we don’t need help…they have been saying it over and over…Now, Portugal says we need help fast! The dominoes are falling in Europe, and we haven’t seen anything yet! Running out of money and paralyzed by a political crisis, Portugal said it would ask the European Union for a financial […]
thestatedtruth.com | April 5, 2011
Did You Know…..More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined. Even more interesting are some of the state ratios. Consider this statistic: Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is […]
thestatedtruth.com | April 5, 2011
At least it’s a start…..Congress passes a measure known as the “1099 repeal†because it would relieve businesses of having to file 1099 tax forms for any person or company to which they pay at least $600 in a year. Congress on Tuesday passed the first major changes to last year’s health care law, undoing both […]
thestatedtruth.com | April 3, 2011
The Fed Q Ratio (chart below) is signaling a warning for stocks……it is saying that we are currently at a level seen only 6 times since 1900! So lets look at this in terms of the Kress Cycles between now and Sept-October (the approximate date of the Kress 6 Year Cycle high This is where we could see a market […]
thestatedtruth.com | April 3, 2011
Over the next decade, a million things could happen, the least of them we think is $4 trillion in spending cuts. From The Wall Street Journal: House Republicans will propose slashing federal spending by more than $4 trillion over the next decade, by capping spending, overhauling entitlement programs and revamping the tax system, the chairman of […]
thestatedtruth.com | April 1, 2011
The total foodstamp participation in January hit an all time record 44,187,831 according to the USDA. The average amount recieved per participent is $132.81 per month. We might add that we are in an economic recovrey….but the GDP growth looks to be about the rate of inflation, which means if we buy the same things as […]
thestatedtruth.com | April 1, 2011
Governments are STUPID……Last week we found out that fewer new houses were sold in February than in any month since they started keeping records in 1963….yep, the more you give somebody, the more they become reliant on it, then when it stops, they don’t know what to do. We’re seeing this same thing happen over and over. […]
thestatedtruth.com | March 31, 2011
To see the real story, just look at the charts….. The top 1 percent control 42 percent of all financial wealth. Growing Inequality…the middle class vs. the rich Growing Inequality…in income Source: Social Security Does this look like a recovery to you?  More and More Food Stamps……and no end in sight And Real Estate values are […]
thestatedtruth.com | March 31, 2011
So you want your power to come from a nuclear reactor do you……A nuclear expert has warned that it might be 50-100 years before melting fuel rods can be safely removed from Japan’s Fukushima nuclear plant. Two new experts say capping the damaged reactors with concrete is not an option. They had better get together with […]
thestatedtruth.com | March 31, 2011
Wait a minute, hasn’t the government been saying inflation wouldn’t be a problem?  Yes, they have… it won’t be the first time that they’ve lied to us. Food shortages are coming this summer……along with serious price increases. U.S. consumers face “serious” inflation in the months ahead for clothing, food and other products, the head of Wal-Mart’s U.S. operations warned […]
thestatedtruth.com | March 30, 2011
Some sound advice….It’s going to be a long negative haul for housing and there is nothing on the horizon, such as an improving economy, lower unemployment, or climbing wages to stem the flow. There were simply too many homes built during the boom phases at affordability rates that didn’t make sense. Those who can afford to […]
thestatedtruth.com | March 30, 2011
Looks like the Japanese nuclear power plant is going to be a total loss and we haven’t been told the whole story about Japan’s nuclear disaster…..so here we go with an update. Chief Cabinet Secretary Yukio Edano ruled out the possibility that the two undamaged reactors at Tokyo Electric Power Co.’s six-unit Dai-Ichi plant would […]
thestatedtruth.com | March 29, 2011
Robert Shiller today said that inflation adjusted economic statistics are clearly in the double dip.  U.S. single family home prices fell for the seventh month in a row in January, according to the S&P/Case-Shiller index of prices.  In four cities, prices were at their lowest for 11 years, with the overall index down 0.2% between December […]
thestatedtruth.com | March 29, 2011
We’ve been looking for big changes in Cuba, and in fact we know of a particular person that went to Cuba to visit relatives recently and has returned back to the U.S., He says things are turning for the better, it’s definitely different. One thing is for certain, the money will pour into Cuba when the […]
thestatedtruth.com | March 29, 2011
News is leaking out of Japan on the nuclear reactors, no pun intended…..General Electric experts are talking of a blob of nuclear lava as an end result of a total melt down on unit 2 which appears to be a total loss. If true, the “experts” say it should take away the risk of explosion! Workers […]
thestatedtruth.com | March 28, 2011
Citigroup is out with a report today highlighting Wal-Mart and its burgeoning international business. Question: So what are the retailer’s big non-US markets? Answer: You’ll be surprised, take a look at the chart below.  Read more: http://www.businessinsider.com/wal-mart-regional-breakdown-2011-3#ixzz1HxW3Jczf
thestatedtruth.com | March 28, 2011
They gotta be kidding…… Nope                                                          Question: Why can’t Japanese electrical power be moved around such a small country? Answer:  Electrical power can’t be moved for a simple, stunning reason. The northern half of Japan uses 100 volt, 50 hertz (cycles per second) electricity and the southern half uses 100 volt, 60 hertz. If you pump 60 hertz […]
thestatedtruth.com | March 26, 2011
If you click below and look at the map of the U.S……..hmm, most of the nuclear power plants are in the Eastern part of the country! The Rocky Mountain area seems to be reactor free.   Click here: How close is your home to a nuclear plant?
thestatedtruth.com | March 24, 2011
Our only questions is: Why is this drop unexpected? Orders for long-lasting goods unexpectedly fell in February, raising concern over the sustainability of the rebound in U.S. business investment. Bookings for goods meant to last at least three years dropped 0.9 percent after a 3.6 percent gain the prior month that was larger than initially […]
thestatedtruth.com | March 23, 2011
We have world changes in the Middle East. We have peak oil production. We have inevitable hyperinflation. But all the attention is currently on Japan,  as markets forget the growing foundation of international dislocation. Stay focused…… Stay disciplined. www.jsmineset.com
thestatedtruth.com | March 23, 2011
Of course nobody is going to own up to it…….The Coast Guard has yet to put forth an official estimate of the volume of crude that has made landfall, but Mr. Edwards said that it “appears to be more than a few gallons of oil.” HOUSTON — The U.S. Coast Guard said Wednesday that oil […]
thestatedtruth.com | March 23, 2011
Well, records are made to be broken…..At just 250,000 annualized, this was the lowest annualized new home sales number ever. The government continues to say we have a recovery, they are right to some degree. The problem is the whole recovery is being supported by the government….anyone care to guess what will happen without that support. […]
thestatedtruth.com | March 23, 2011
The Middle East is on fire…….Israel next up. One mishap and the whole Middle East could go up in smoke! INTERIOR MINISTER ELI ISHAI SAYS SITUATION DETERIORATING ISHAI SAYS ISRAEL MAY HAVE TO ACT IF DETERIORATION CONTINUES ISHAI LINKS JERUSALEM BOMBING TO ITAMAR STABBING, GAZA VIOLENCE ISHAI SPEAKS ON ISRAEL ARMY RADIO
thestatedtruth.com | March 23, 2011
Next Up: Government resignation, crisis, bail out, etc. We’ve already seen the drill elsewhere……. Just In: Portugal’s Prime Minister José Sócrates tendered his resignation after Parliament rejected a new government austerity plan. PORTUGUESE PARLIAMENT REJECTS GOVERNMENT’S DEFICIT-CUTTING PLAN PORTUGAL’S PARLIAMENT BACKS RESOLUTION AGAINST GOVERNMENT PLAN
thestatedtruth.com | March 22, 2011
The United States is on a fiscal path towards insolvency and policymakers are at a “tipping point,” according to Dallas Federal Reserve Bank President Richard Fisher. “If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,” Dallas Federal Reserve Bank President Richard Fisher said in […]
thestatedtruth.com | March 21, 2011
We have a long long way to go before this problem goes away! TEPCO managed to restore the power supply to its radioactive power plant. The key problem at hand has not been fixed at all. Not even close. According to New York Daily News: “Cooling pumps at one of Japan’s crippled nuclear reactors are damaged beyond […]
thestatedtruth.com | March 21, 2011
Black Swans everywhere…… ISRAELI WARPLANES HIT HAMAS MILITARY SITE IN GAZA, XINHUA SAYS ISRAELI GAZA ATTACKS INJURE FIVE PEOPLE, AL-ARABIYA REPORTS ISRAELI WARPLANES FLYING OVER GAZA, AL-ARABIYA REPORTS
thestatedtruth.com | March 21, 2011
Sales of U.S. previously owned homes dropped more than forecast in February and the median price dropped to $156,100 from $164,600 one year ago. Â Sales of U.S. previously owned homes dropped more than forecast in February and the median purchase price declined to the lowest since the same month in 2002, indicating the housing market […]
thestatedtruth.com | March 19, 2011
Question….Do governments ever tell the truth? Doesn’t seem so. The NRC said in the 1980’s that it was estimated that there was a 50% chance of a nuclear meltdown within the next 20 years,  which would be so large that it would contaminate an area the size of the State of Pennsylvania, and would result in huge numbers […]
thestatedtruth.com | March 19, 2011
Are we seeing the start of WW III…..? U.S. and coalition forces launched military strikes against Libya, gambling that a rapid and substantial attack could knock out loyalist support for Gadhafi. Gaza Fires 50 Mortars Into Israel, Heaviest Barrage In Two Years….. Israel is sure to bring even more geopolitical tension, especially with Iran adn […]
thestatedtruth.com | March 19, 2011
Defaults have lopped $822 billion off U.S. household debt since mid-2008! These loans were not payed off, but it looks that way with many of the statistics….. One of the puzzles of the recovery has been how U.S. households have managed to shed some $658 billion in mortgage, credit-card and other consumer debt over the past two and a […]
thestatedtruth.com | March 18, 2011
It looks like the Middle East is heating up again…. SAN’A, Yemen—Armed men opened fire on crowds of antigovernment protesters Friday in Yemen’s capital, killing an estimated 45 people and injuring hundreds—prompting Yemeni President Ali Abdullah Saleh to declare a state of emergency and suggesting his government has shifted to a hard line against its […]
thestatedtruth.com | March 18, 2011
Technology growth in wireless is going to evolve into next generation wireless….. and its growth will be breathtaking! Mobile data growth is expected to grow at a 92% compound annual growth rate over the next five years. All that traffic growth won’t be coming from existing devices, of course. It will be coming from brand-new ones. […]
thestatedtruth.com | March 18, 2011
Tomorrow’s moon will be the closest to earth in almost 20 years.  Add to that we have an eclipse and Vernal Equinox this weekend. This will bring very high tidal pressures and increased earthquake watch. ….and Solar activity may spike. Good seats, hey buddy!
thestatedtruth.com | March 17, 2011
So what happened to deflation…..ah, it’s deflation for the old folks on social security, no cost of living raises for them….but there is inflation for our esteemed congress, so of course they voted themselves an inflationary raise! It’s pretty basic politics, come to think of it! A special index created by the Labor Department to […]
thestatedtruth.com | March 16, 2011
The diagram at the bottom below shows all six stricken reactors. Reactors one to four have been over-heating since the tsumani. But reactors five and six, on a separate part of the site today began heating up as well. ‘We’re very close now to the point of no return,’ Dr. Michio Kaku, a theoretical physicist, said. […]
thestatedtruth.com | March 15, 2011
John Williams doesn’t speak blindly, he has been a frequent guest on CNBC, Bloomberg, Barrons etc, and he has multitudes of statistics to back up his “seemingly outlandish” but more than likely correct forecast……By the way, Williams time frame falls into the period leading up to 2014, similar to the Kress Economic Cycle that takes us down hard from […]
thestatedtruth.com | March 15, 2011
One would guess some rather important changes may be made to new currently under construction nuclear power plants… The map below, courtesy of the World Nuclear Association, identifies the locations of nuclear power plants that are currently under construction. Of these, 42% reside in China; 16% in Russia and 11% in India. The G-7 countries, combined, […]
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