Wednesday, August 21, 2013

You are Not in the Loop...

~ "Loopy" is not in the loop either..

We will start today's posting with a sports trivia question:

Why is it that the NFL is so adamant that teams release injury reports a couple days prior to each game and any team found to have intentionally released misled information is fined heavily?

Here's your choices:
A)  The NFL believes in honesty and integrity

B)  The NFL believes in player safety

C)  The NFL cares about its fans

D)  The NFL is the most heavily bet on sport in America and both bookmakers and gamblers need this information to determine odds and how much to bet

If you selected A, B or C you're just simply precious and adorable in your naivety
Obviously the answer is D

Bettors want to know all the information they can before placing all their children's college fund on this week's preseason games..   They want to know if Peyton Manning has a sore arm or stubbed toe or if he's not in a good mood because the store he shops at is out of his favorite cookies...

What bettors truly want is the sure thing-- everything telestrated... laid out for them so that all their bets come out on time with the most minimal amount of actual thinking and real gambling possible.
Of course the NFL is not pro wrestling.

The games are Not fixed and are Not decided beforehand.  And just because one team may be picked to lose by more than 10 points because their so bad doesn't mean the script automatically goes to form...

The best the NFL can do is force its 32 teams to provide all injury information so that people know which Pro-Bowl caliber QBs or RBs are hurt so to help the bookies adjust their lines more accurately and allow bettors more information...
Very briefly, a 'line' works like this..  Its Redskins v' Cowboys.. oddsmakers put the game at  Redskins +2 meaning if you bet this game and take the 'Skins and they win by 1 point, you still lose the bet...

Now if information is released that Dallas' QB is hurt and unlikely to start that game, now odds perhaps move to Redskins +6 and as a bettor you have to adjust your wager strategies accordingly.

Never let anyone tell you the NFL doesn't condone gambling.. they just don't advertise it..
Now in the world of the stock market, everything is rigged.. Its just incredible that most who invests do not understand this, particularly the everyday person and 'mom & pop'per

Everything is telestrated and orchestrated so to protect professional Investor swine and the rest of the Big Boys from ever suffering true losses due to essentially bad bets..

So the Fed, like some phony 'god' reveals its plans to everyone before it actually does it..  Often it coordinates its plans behind the scenes with banks, corporations, and other Big Boys days or weeks beforehand so that when something is announced, they've known already...
The Fed doesn't want surprises or market jitters that rattle Investors..

The everyday person can of course go to hell; totally OK if they lose everything because the system is always set up to survive the destruction of puny individuals...

Just can't allow those banks and corps to take any losses..

So as the Reuters headline states based on the current 55pt drop to under 15k, "Wall Street Retreats as Eyes Turn to Fed"
What will they do?  What little policy trick or gimmick will the Fed come up with to protect the Investor?  Or will they say some soothing words to lie to the masses about no changes coming while the Big Boys know exactly the schedule beforehand?

Think about it in everyday business terms...

Does an employer ever say to you, "Look (X), we're going to be letting you go in 7 weeks once we either found a cheaper replacement or adequately trained someone else in your department.. We'd do it today but it would hurt us more than you.." ?
Umm..  Nope..

You will never be privy so you can do what you can during those 7 weeks to prepare emotionally and practically i.e. hunt for a new job...But your boss is thinking it, and then you're told perhaps on your final day that you need to pack up your things..

No corporation or business will ever allow itself to suffer by its employees and the Fed will never institute any policy or taper any action that will adversely affect the masters it serves...

These are blood sucking bastards we are talking about..
We don't use this term to be funny or dramatic to to vent..  It is true..

Try to get between a profiteer and his/her need to make more money is like trying to get between a drug addict and his next fix..  He/she will tear you to pieces if need be..   You will not get in their way..

And if you're the one with the power; with the 'fix' in your hand, you will see the transformation of the needy grovelling figuratively and literally at your feet...

This economy is pretty much flat lined...
The corporations can only make profit through the market because domestic sales for pretty much all companies since 2008 have been stagnant and where once they thought they could make up the profit differential abroad are finding everywhere people in recessionary spending crunches.

Not only are banks afraid to lend to the public but their lender, the Fed discourages it and tempts them not to by paying interest to hold money they're lending out...

The only way real profit is taking place is through stock shares which have been artificially inflated allowing companies to buy more and more of its own stock and appeasing its shareholders who celebrate by buying even more shares...
And the US government?   Please!  They refuse to even  admit their currently over the borrowing limit.. Think they will admit this economy is rudderless??

  Its at a point that even if they wanted to pass legislation to help people (which they don't especially in a non-election year) it would just be taken as what it is.. admission of prior failure and inaction.

If you took away the Fed's ability to manipulate markets; to simply prevent them from giving hints and clues as to the policy directions its taking, that would be enough for the Big Boys to pull out in droves and this precious market would be toast...

That is how orchestrated the market is...

And for most people.. Friends, you are Not in the loop.

Tuesday, August 20, 2013

If Nothing Changes, Nothing Changes

Some people may wonder why A&G tends to be repetitive in the information it presents to readers...  We do this for two reasons..

1)  Our readership is increasing daily and we try to focus our postings so as to not exclude new readers who may not truly understand the evils of the Fed or the rots of the economy while not boring the loyal followers...

2)  This post-crisis financial BS that we cover IS repetitive!
For example back in May 2010, that little nothing of a debtor nation Greece was about to collapse from all its financial obligations.

It should have defaulted on its debts and forced all those scavenger investors to suffer Huge financial losses while bringing down that corrupt European Union and its central bank...

Instead it accepted a bailout..  problem solved..

Except it wasn't..and many tax increases, privitazation (selling national resources like one's lottery and railroads to private investment firms) and cuts in social service later, the little shit nation needed a second bailout..
And we call it a shit nation because they still did not have the courage to default; they had the Power to tear down the EU... they refused...

The population voted a corupt pro-European Union candidate into office as their next President back in 2012 to replace their previous corrupt pro-EU President and well.. you get what you deserve..

In this case.. a second bailout and more cuts and wholesale selling of their national identity and history..

And today what is it we read??
"Germany's Finance Minister Schaeuble finally admitted, officially for the first time, what everyone knows: Greece will need a third bailout..."  (AP)

That's uno... dos...  Tres!   Three!

And who pays?

Well the European citizens do.. especially the successful northern nations..

And Americans pay too..  We pay via the 16.4% of the total funding of the International Monetary Fund which matches our power and control of that entity which is a lot... (we don't have the time to go into how so.. keyword IMF to see previous postings we've written on that scourge)
We also pay because remember the Federal Reserve bails out the world..  It provides money to European and Asian banks in crises... And foreign corporations..  Even the European Central Bank directly..

Last year, Bernanke gave the ECB $850 Billion as a cough--cough! loan..  And a day later, the ECB had money to prop up the Eurozone...  So yes, we American taxpayers prop up our economic competitors overseas...

There's so much we pay for in taxes which the people are clueless about but as we said before, just not enough time to go into it now...
We know every nation has their hard earned money wasted by their government  (ex: paying for the existence of the Royal Family in England) but America seemed to support the world..  Well, our allies.. everyone else we blast back to the stone age using drones....

So finance IS repetitive...

Student loans is another example..

Every single year young people are completely brainwashed and hoodwinked into believing that in this post-Lehman economy, college is the avenue to a good life..
What's the point of education if there aren't the jobs available that seek that knowledge at wages that allow a person to pay their bills and debts and still give that person some budgetary breathing room?

Does a person really need 4 years of college to answer a telephone,, do rudimentary data entry, serve in the tourism industry, wait on tables, stock shelves and sell cell phones??

Think of it like this..   Let us say there was no NFL or NBA professional sports leagues...   What would the point be of many physically talented young people to attend a college to play?
Those with athletic ability play college ball because there's opportunity for some to actually make a living catching a ball or putting through a hoop..

What options does a history major have who doesn't want to teach spoiled little bastard kids?    How much respect does a Philosophy major get in the real world?

And on the other side of the equation, how many G-D attorneys, financiers and business middle managers do we really need??

Its bad enough that cowardly Congress passed a law keeping interest rates low and everyone in power and media force feeding a lie that college is the way to have a future..
The true finances of student loan debt is crippling this economy...

Over one Trillion dollars of student loans are on the hook to twenty-somethings... Right now the default rate for many schools is higher than their graduation rate!

A stunning 57% of undergraduates used federal student aid to help pay for college in 2012; dramatically higher than the 47% in the pre-crisis 2007 year.

An average of $8,200 per recipient is paid out by the government coinciding with climbing tuition costs and the number of full-time students who received Pell grants in families with incomes between $60,000 to $80,000 shot up to 18% in 2011-12 from 2% in 2007-08.

Tuition keeps on a' rising, the university foliages keep looking more beautiful, the students party and drug more and more and end up with less and less to show for it 4-6 years later..

When did the idea of going to a vocational/trade school and learning a skill that can't be outsourced like roofing/carpentry, plumbing and that of an electrician be snubbed by so many?  Or getting education by apprenticing in lieu of paying for school...

When did people start believing it was unobtainable and unachievable to begin one's own Internet business based on figuring what products or services people may need?
So everything tends to be a bit repetitive.. a financial sponge called the Federal Reserve forever in existence.. the cold blooded greed and corruption of pretty much all banks and corporations..  the rigged stock market that refuses to reset..

Unemployment that isn't sincerely lowering without bookkeeping tricks from the Bureau of Labor Statistics.. (Real Unemployment and we do mean REAL is over 14% but due to ignoring millions of unemployed and other number-crunch games, its at 7.4% "officially")

So until the real world changes, we're forced to write on the same tripe..

Let's all hope for that autumn crash to knock some of these Big Boys out and hope a level economic playing field can develop among the rabble from the rubble..