Proverbs 22:3 NLT

A prudent person foresees danger and takes precautions. The simpleton goes blindly on and suffers the consequences.

-- (((Charles Finney, said the following: “If
there is a decay of conscience, the pulpit is responsible for it))) --


THOSE WHO WILL DO NOTHING NOW, WHEN IT COSTS THEM LITTLE - WILL DO EVEN LESS LATER, WHEN IT COST THEM EVEN MORE


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Friday, January 29, 2016

Oregon Standoff: FAA Issues FBI No-Fly Zone Near Wildlife Refuge and More! / Gillette Wyoming 150 BNSF engines idle at Donkey Creek / Russian fighter nearly collides with U.S. intel jet over Black Sea... / Baltic Dry Index down again too 325.00 - The Shipping News Says the World Economy Is Toast / Zika Pandemic Spreads: WHO predicts 4 million infections in Americas / ◾H.Res.569 - Condemning violence, bigotry, and hateful rhetoric towards Muslims in the United States / The Rapture, Donald Trump, Hillary Clinton And 50 Other Excuses People Use For Not Prepping / Goldman Banker Who Set Up Slush Fund For Malaysian PM Takes "Personal Leave" / Ron Paul: Martial Law Is No Conspiracy Theory / Last-standing militia men in Oregon say willing to die... / ◾Texas Economy Collapses - Dallas Fed Survey Crashes To 6-Year Lows As "D" Word Is Uttered, and its across the board with production, employment, and shipments all collapsing / Oregon Occupation: FBI Arrests Trio at Checkpoints Outside Remote Refuge / Breaking News: Eyewitness Account of Bundy Takedown – Updated

Oregon Standoff: FAA Issues FBI No-Fly Zone Near Wildlife Refuge and More!

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Gillette Wyoming 150 BNSF engines idle at Donkey Creek

Went to check it out for myself. Sad sight to see.... Locomotives sitting idle at Donkey Creek train yard outside of Gillette,Wyo
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Earnings Hurt Employment, Again
"While many economists tried to explain away the 0.8 percent drop in January retail sales as simply a reflection of falling gasoline prices, there's more to it than that."--Newsmax report, Retail Sales Suggest Economy 'Significantly Weaker than Headlines', from Feb. 19, 2015.

There is an old saying, "The more things change, the more they stay the same." This year-old story is proof.

When you merely scan the leading economic headlines, you are getting a lot of fat. If you only look at stock values, you get more air than fat. The problem with the economy is the missing meat in the reports today in the last week of January, 2016.

After that miserable report from Newsmax, the markets rallied nicely in 2015 despite gasoline's year-long case of the dropsies. 

In last February's report, Lance Roberts, a partner at STA Wealth Management, went on to state, "The current level of retail sales is suggesting that the economic environment is significantly weaker and that a 5.7% unemployment rate is likely not reality." If only Mr. Roberts would analyze today's situation we would probably have an identical report--but the governments of the world haven't fallen yet.

There were some pertinent factors presented in that 11-month old report that should be of value when viewed today.

A year ago it was stated "Average hourly wages rose only 1.7% in 2014, the lowest total since 2012. But in a recently received analysis by Goldman Sachs it was clearly demonstrated that, adjusted for inflation, hourly wages from the end of December, 2000, through the end of December, 2015, had gained a paltry .1% increase over those 15 years.

In another area the old report claimed productivity--output per hour worked--slumped to 1.8% for the 4th quarter of 2014 and gained only .8% for the entire year. In 2015 we find almost the same numbers being accepted by the Federal Reserve as a basis for its interest rate hike in December.

A year ago it was also stated, "Productivity's a major problem. Weak productivity hampers corporate profits and wage growth." Last Friday there was a headline, "Weak Corporate Profits Pose Risks to America's Jobs and Wages." Again, the same result but the anticipated financial collapse is still pending, not quite here.

The disconnect is in how the analysts see the data, even though the data has not changed in a year.

Now Neil Dutta, head of U.S. economics at Renaissance Macro Research, thinks the employment outlook is much more promising. "Productivity is still weak, which argues in favor of more hiring," according to Dutta.

The various arguments confuse me. So I ask a simple question, if corporations need better productivity to pay better wages wouldn't trimming workforces be just as profitable as hiring employees who are guaranteed to produce less? Apparently this solution doesn't occur to the people doing the analyzing or flies against the wants of the entity providing the funding for the research.

The researchers are ecstatic over the employment numbers the past quarter. The numbers coming from Labor are demonstrably maladjusted, yet the consensus is "resilient demand has helped the labor market post its best back-to-back years since 1998-1999.

Here's the biggest discrepancy from last year's report and the current news. A year ago the S&P fourth quarter earnings were well underway yet they had managed to show a profit growth of 3.1% collectively. This year we've just started compiling reports and the numbers are lower than projected as late as December.

The analysts are blaming "slow business growth, consumer fear and global economic slowing" for 2015's productivity drop. A year ago, with nearly identical data, it was looking to the unexpected drop in fuel prices as a hopeful barometer.

I have some news for you. Falling fuel prices are still here, employment was reportedly sky-high the last quarter of 2015 and the economic growth rate is less. How can the analysts take the same worn-out reports, with the same discouraging numbers and turn them into something good yet again?

Are they trying to fool themselves or the politicians they ultimately answer to?

Nothing has changed in a year. The reports' numbers are still murky, the various analyses latch onto one good item and try to hide all the poor information behind it and the press trumpets the positive.

A week ago I claimed the markets only demonstrated the lack of confidence in government and not the state of the economy. Too much of our remaining manufacturing base today owes their continued existence to the largesse given them by the government, not on the worth or quality of their product. These publicly-supported businesses filled with (mostly) environmental sycophants will sacrifice whatever principle they have for personal wealth gain and attaining a change in something too big for all humans who have ever existed to affect--the environment..

In analyzing all of the reports, I could find no mention of the effect government mandates had on the over-priced eco-friendly products or what their lack of profit was having on the economy. Until the government puts that figure into its 'economic reports' and accounts for the productivity losses there, we will never get a clear picture of the working economy again.

"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson
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Baltic Dry Index
BDIY:IND
325.00

-12.00
-3.56%
In October 2008, as the repercussions of the financial crisis were starting to ripple through the global economy, I noticed a press release from Swedish truckmaker Volvo saying that its European order book had fallen by more than 99 percent between the third quarters of 2007 and 2008 -- to just 155 from 41,970. That prompted me to study various other real-world activity measures ranging from shipping to air freight, and to conclude that "the news is all bad and getting worse, fast." The same exercise today, I'm afraid to say, leads me to a similar conclusion about the growth outlook.
Here's a chart showing what's happening to the volume of goods being shipped in containers from China's ports, one for the country and one for Shanghai. Both indexes are compiled by the Shanghai Shipping Exchange, and cover shipments to the rest of the world including Europe, the U.S. and Africa; activity is down more than 40 percent from its peak in mid-2012:
China Freight
Source: Shanghai Shipping Exchange via Bloomberg
The traditional global shipping measure is called the Baltic Dry Index. Shipping purists (who rival gold bugs in their dedication to minutiae) will tell you it mostly reflects how many vessels are afloat on the world's oceans; a glut of shipbuilding means more boats available, which drives down the cost of shipping bulk raw materials such as iron ore, steel and coal. But given the fragile state of the global economy, it's hard to shake the feeling that the index has been trying to tell us something important about global demand in recent years:
Baltic Dry
Source: Bloomberg
There's a similarly contractionary pattern in the available data on air freight. Here's a chart showing tons of goods shipped per mile across U.S. skies since the start of the decade:
Cargo US
And here's the equivalent chart for Europe, this time in tons per kilometer:
CArgo Europe
While neither chart shows the volume of airborne freight falling off a cliff, both are drifting lower -- which is not what you want to see at this point in what is supposed to be a nascent global economic recovery.
So what about Volvo's order book? In the third quarter of 2015, the company had orders for just 42,648 trucks, a 30 percent slump from the end of 2014 and the lowest level in two years:
Volvo
While that's nowhere near as dramatic as the 2008 decline, it does suggest that companies who are in the business of moving goods by road from A to B aren't investing in any expansion of their fleets.
There's a scene in the film adaptation of Annie Proulx's Pulitzer Prize-winning novel "The Shipping News": An old newshound explains to newbie journalist Kevin Spacey how dark clouds on the horizon justify the hyperbolic headline "Imminent Storm Threatens Village."
"But what if no storm comes?" Spacey asks. The veteran replies with a second-day headline: "Village Spared From Deadly Storm." Unfortunately, having survived the storm fanned by subprime mortgages and the credit crisis, the clouds are gathering again over the global village we live in; they are getting darker every day.
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Zika Pandemic Spreads: WHO predicts 4 million infections in Americas The World Health Organization (WHO) said on Thursday, that the Zika virus is "spreading explosively" and could infect 4 million people in the Americas.

Caught off-guard by Zika, Brazil struggles Angela Rocha, a pediatrician in northeastern Brazil, measures the head of a child born with microcephaly, a tragic neurological complication linked to Zika, the mosquito-borne virus sparking a health scare across the Americas. Outside the room, seven mothers cradling infants with abnormally small heads line up for hours for tests. More than 1,000 cases of


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Congress.gov
H.Res.569 - Condemning violence, bigotry, and hateful rhetoric towards Muslims in the United States
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The Rapture, Donald Trump, Hillary Clinton And 50 Other Excuses People Use For Not Prepping
Four Horsemen Of The Apocalypse - Public DomainHave you ever come away discouraged after trying to talk about prepping with friends or family members that just don’t seem to be interested?  Over the years, I have heard countless excuses from people for why they aren’t getting prepared for what is about to happen to America.  Some of the excuses, like a lack of money, are definitely legitimate.  But in many other instances, the objections don’t seem to make a lot of sense.  In America today, most people let others do most of their thinking for them.  And in general, our political, religious and cultural leaders are telling Americans that there really is no reason to be overly concerned about the future.  They assure us that they have everything under control, and that life is only going to get better in the years ahead.  Bad beliefs lead to bad decisions which in turn lead to bad actions, and most Americans have chosen to believe what the elite are telling them at this point.  As a result, only a small fraction of society is getting physically, mentally, emotionally and spiritually prepared for the exceedingly hard times that are rapidly approaching.  The following are 53 common excuses that people like to use for not prepping… (Read More....)
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Stock Market Crash: Marc Faber Issues Dramatic Warning for Investors
The world is already in recession and we could be nearing a global stock market crash on par with 1987. At least, that’s according to renowned analyst Marc Faber.  
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Goldman Banker Who Set Up Slush Fund For Malaysian PM Takes "Personal Leave"


The Goldman banker who helped arrange the financing for 1MDB, Malaysia's controversial development bank, is taking a "personal leave" and moving to Los Angeles from Singapore. Although it's not clear why Tim Leissner is making the change, the timing certainly is interesting...
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Ron Paul: Martial Law Is No Conspiracy Theory


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What Everyone Should Know About The Oregon Standoff

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Aedes mosquitos are believed to be responsible for the spread of Zika. - MARVIN RECINOS/AFP/Getty Images© Provided by New York Daily News Aedes mosquitos are believed to be responsible for the spread of Zika. - MARVIN RECINOS/AFP/Getty Images
Third Zika case confirmed in New York 
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Roadblock: Police officers block the turnout to Sodhouse  Lane, which is the main road leading to the Malheur National Wildlife Refuge headquarters Wednesday

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