Greedy Agendas, Big Numbers and the Disconnect

Pretty much all financial news is written with an agenda; a bias..

One could say all news is this way but its quite worse with financial information because there's both an ideological and a profit motive..

That's why you might read one 'expert' write that he/she sees gold dropping ultimately to $1000/oz by  year's end and another say the gold bear market is far from over-- this is just a 'slow patch', or whatever..

Its why you hear some predicting a market crash like 1987 and a 20% drop and others saying you will see a correction but by earnings season i.e. October, it will pick up...

Etc.. Etc..

The one predicting gold at $1000 wants to possess it and wants to try to drive the price down..

The one writing on bear market already owns it at $1000/share back in 2009 and wants to recoup back the 23% loss in value since last year at this time..

And the one predicting a 20% drop hopes his prediction finally comes true so he can then sweep in like a vulture and buy stocks on the cheap..

And those predicting all's well, are already heavily invested and need new investment blood to make their positions increase in value..

See how it works?

Now we have a bias too..  We want QE to stop... Instantly..

Our reasons aren't profit-based or political..

We just see too many of the elite benefiting while two few of the middle to poorer classes seeing any improvement...

We see a corrupt system with corrupt people who know what they do is so complicated and far beyond the realm of an everyday person's comprehension, they make no effort to hide to criminality..

What is a billion.. a trillion.. some extra zeros...

No human mind is capable of picturing a lot of specific 'things'

You can picture a face in a crowd.. maybe two... maybe ten...  The mind can not picture 100 distinct faces in a descriptive way at once...

Same with anything else...

Twelve people die in a bus crash... you can picture that and makes a normal person feel very sad;  Twelve million people (Jewish and non) dead from the Holocaust ..  The mind can't comprehend..  it just can't...

We read of all these financial problems in this nation-- pension liabilities and US municipalities and states in debt...  And politicians act like there's no money to be found..

Then there's continuing Bullshit called Quantitative Easing 4 & 5 which adds up to $85 billion monthly which so few Americans not in finance even understand is in existence...

And all this money goes to the Big Boys..  And they sure as hell are not going to make the connection..

Its like you have a lawn... half of it is beautifully green and over-saturated.. the other side brown to a crisp and desperate for a drink...

So of course the over-saturated keeps getting the aqua..

So we read about Detroit-- currently $18.5 billion in debt...

Had to declare bankruptcy and because they were allowed to do it in Federal court, they can force bargaining with pensioners so they'll only get paid a percentage in future of what they're getting now...

And we keep doing the math...

$85B in QE monthly divided by 30 days equals $2.833B daily

Then divide Detroit's $18.5B debt by that number....

In less than 7 days of QE spending, Detroit's debts would not only be fully repaid but the city would also be millions of dollars in the black...

We read the other day in Philadelphia the school district head demanding $50 million from the city to ensure classes can open on time to start the year because their budget is so in the hole..

And the mayor and other officials scrambling to make permanent a sales tax hike to 8% and other things of this nature that hurt the community and businesses located in the city...

And then we think of the math...

QE is $2.833 billion every day...

Then divide that number by 24 hours-- it equals $118m/hour

So basically in a little under 30 minutes of QE to help the banks, corps, professional Investors and other greedy scum, Philadelphia would have enough money to ensure their schools open for the year when supposed to...

This is the great disconnect

The professionally polished Wall Street-based corporate media Refuses to connect the dots...  Absolutely not in their best interest to sincerely inform the public..

Its like doing a new story on starving, thirsty people living in the middle of the hot arid desert just waiting to die..

All the while, the reporter refuses to acknowledge or inform the tribe that there's food and water in abundance over the next hill and kept a secret because essentially those who control it, don't want it going to the destitute and they own the information source i.e. media..

Really not more complex than that...

Our taxes go up..  Our quality of lives go down... Our futures and that of our children become less secure and promising...

And we're supposed to take it peaceably while never fully understanding that over a 12 month calendar year, over $1.05 Trillion will be spent by the Federal Reserve just to strengthen the stock market...

$1,005,000,000,000

All to them... the 'better' people...

So that's our agenda.. our bias..   We want QE to stop instantly and let the chips and stock market fall as it may until there's a true bottom in which people can begin to invest in both Wall Street and Main Street

True capitalism doesn't play one group over the other.