CPI Comes At 0.5%, Ex-Food And Energy 0.1%, Below Expectations, QE3 Door Still Open

Tyler Durden's picture

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Cognitive Dissonance's picture

You can't find what you're not looking for.

Caviar Emptor's picture

PPI hot, CPI cool. 

Another piece of evidence that consumer demand is too weak to pass on higher costs to.

Biflation, baby.

Look for more margin squeezes. 

augie's picture

i wish hookers squeezed as hard as these margins... for that i gotta pay extra.

Caviar Emptor's picture

+1

Hang on. Hookers aren't in CPI yet, and the squeeze is on

spiral_eyes's picture

deflation in hookers here in the uk. flooded with cheap goods from eastern europe. 

SheepDog-One's picture

Right I think thats the real story with inflation, prices are higher and for now companies are having to mop that up because theres less demand. Oil companies announced demand is falling with gas at a national avg of $3.80. How can you pass along cost of $4.50 when theyre not buying at $3.80? Doesnt work.

That will soon blow up spectacularly.

Caviar Emptor's picture

Yup.

DOn't forget that housing is over 40% of CPI and that's deflating. So the headline number is both hiding the increased cost of living and masking deflation. 

SheepDog-One's picture

No doubt. Throw in americans #1 claim of 'wealth' that being their home and property falling to mask both prices rising and real wealth falling. What a nightmare.

MachoMan's picture

Hence the need to downsize and eek out every last bit of efficiency from the work force...  the problem, of course, is that eventually we figure out that superman does not exist and that there are bounds to efficiency...  which requires keeping our boxes the same, but the food inside them less and less...  in the hopes that no one understands the higher costs per unit...  eventually this plan becomes all too obvious as well...  we're right at that point...  what happens after is anyone's guess, but I foresee barren shelves, dirty faces, and hungry stomachs.

Debtless's picture

Forgive me Tyler. Zero Hedge is as good a place as any for this since there are many here whom share my frustrations.

At this point who I am is not important. That will come in time if warranted. And if so will become known enough in every American household I suppose. 

 

I have never been interested in being a politician. I fact, I believe career politicians have for certain distorted and all but destroyed the values and honor of our country. Our founding fathers were purposefully not career politicians, they had real world jobs and met only briefly throughout the year to discuss issues and legislate before returning to their individual livelihoods. Over the years the American political system has become a corruption filled game of corporate-interest power-grabbing and self-serving backroom dealing much to the all to often benefit of an elite few at the cost of the very many.

After the banking crisis, and like many other Americans I’m sure – my view of politics have become inescapable as the broadcast news the daily antics of destructive bickering from both parties as our country seems to waiver on some quality of life abyss. A country seemingly where 2 sets of laws now exist: one for ordinary citizens and another for those of privilege and power. A country where the most powerful men and women go only so far as to censure (think scold) one another without teeth when one of “their own” violates law or ethics. Washington, the entire system, needs cleansing of the filth and corruption. The first step is exposing its motives and behavior to daylight. That’s where I will come in. That’s what I will exclusively stand for. I will become the enema for our body politic. The rest ladies and gentlemen, will be up to you.

I don’t have powerful friends. I am not loyal to a party line. Corporate interests are not my concern. I am merely a proud law-abiding American citizen who is surely full of flaws and more than a bit fed up with the rancid behavior of our leaders. I am brutally honest. And its honesty that seems to be lacking more than ever in Washington.

I will run for the highest office I can, the US Senate. And if people elect me, I will work diligently for only a single term to expose corruption and seek justice for those who act against the American people’s interests. My role will be to inform the American people of how things really work, naming names to deeds and influences, and bringing true transparency to what we all know has been opaque for far too long. After that term I will step down, and hand that torch to the next proud American who is willing to further the people’s cause.

I will abstain from most votes on issues of social engineering and of things I don’t pretend to know much about. I will however, keep the public informed daily on what I’m exposed to through a blog and a network of others who will feed from its content. I won’t be in Washington to make friends - that my fellow Americans - you can count on.

This is my campaign exploratory. If there is willingness for this type of leadership out there I will run for office. If not, I won’t. I don’t want donations, nor a political action committee. The internet can provide the medium for word of mouth awareness among real people, and you provide the audience through your own families, friends and colleagues. I hope the time for such a campaign on ordinary people’s behalf is now. Imagine that, a government by the ordinary people for the ordinary people. Novel huh?

Again, I have never been interested in being a politician. But someone has to step up.

 

Long-John-Silver's picture

The Progressives have neutered congress. The house and senate mean nothing. You waste your time and effort. Obama has installed his Czar's in the places of real power such as the EPA and FCC. He legislates as a dictator and starts a war without consulting congress. What does congress do about it? Nothing at all because they can do nothing about it, they are powerless.

Nixon drove this ship of state into a debt berg when he took us off the Gold standard. Our money has been sinking sense. The unsinkable worlds currency is sinking. Put on your life jacket and take a seat in a life boat because this ship is going down by the bow.

Debtless's picture

I understand the feeling of helplessness LJS...of some script playing out regardless of actor names and titles. However, Obama's term will end and the pendulum will again swing the opposite direction. I don't think time or energy is wasted in seeking to change the status quo. And though i certainly have a ready life jacket for my family (or at least the effort) i don't think just preparing my own for an inevitable titanic ending is our only option.

Bicycle Repairman's picture

"Obama's term will end"

Four years ago you might have said "Bush's term will end"

Get it?

Debtless's picture

Have the players Dodd, Schumer, Corker, Pelosi, Reed, Frank, Boenher, Paul and the like had no role in any of this? My goal is not to fix everything, it is to begin the exposure. If i am unfortunately suicided after a few weeks so be it. The torch can then be picked up by a motivated other. 

Beam Me Up Scotty's picture

I voted for Bush twice. He was a terrible president. I can't think of a bad enough adjective to describe Obama. He's worse than horrible!!

cowpieflapjack's picture

Although I agree in principle with most of which you have written here, I can't help but think that many politicians arrive in DC, or any other city where comedians congregate, full of the ideology of the uninitiated. Soon thereafter the "game" is on. Any behaviour predicated on the premise that you have joined the political ranks to serve your constituents will quickly be stripped from your arsenal. It's lobbying and money that grease the system and no amount of public or private hand wringing will wrest those tools from the hands of the privileged. The road to hell is paved.......whatever. 

Debtless's picture

I understand an appreciate the comments. And it is my hope that the real-world support of regular people will replace that money to gain momentum in this kind of idea. I have never seen a candidate emerge for such a role under such a premise. If i was running for mayor to climb some career ladder it might be different. That I'm sure we have all seen before.

whstlblwr's picture

Yes, good job. A brave man, finally. What state will you run for Senate? We have to hope there are more people who concerned with truth, honesty than scrambling for last scrap money.

Debtless's picture

Thank you whstlblwr. I have not chosen a state, research would/could be done to find the most willing and successful seat. But I'm glad you find the motive worthy.

whstlblwr's picture

Then you are smart too, it's good answer. Finally I don't feel so depressed. Let us know, I can't run, but help you spread word.

I hope others are brave too and willing to stand like you and fight in system for U.S. country.

Debtless's picture

I will be a mere block then for the next to build upon. It's worth fighting for.

LawsofPhysics's picture

Unfortunately, I have to agree with other comments here.  A fundamental social shift is required by humanity.  We have indeed "devolved" to a point where the "margin squeeze", if you want to think of it that way, will force humanity to make tough decisions.  The margins that I am referring to are those of energy and the physics of the biochemical and geochemical cycles that support life (at least in its current form) on this planet.  Economists have long since severed the tie between reality and their field and the current population "demands" to continue to live an energy-intensive lifestyle.  So sorry, this is not going to happen.  Rolling blackouts are already commonplace to many around the world.  Between Chernobyl and Fukushima, how much damage has/will be done to the productive capacity of the planet?  Yes, the earth and atmosphere are "big" but it takes a tremendous amount of energy to simply cycle carbon, nitrogen, sulfur, and phosphate (among other elements).  The organisms that do this require the right growing environments and there needs to be a lot of them to keep these processes going.  In the meantime you have idiot politicians talking about growth in areas like the southeast where they don't even have the rainfall numbers to fill the reservoirs they need to support the businesses that they have now.

No I am afraid that mankind has once again overstepped the bounds of its own technology and will suffer the consequences.  New technologies will come, but not without a serious bloodletting first.  Now everyone go and be productive today, oh yes, and be sure to hedge accordingly. 

tiger7905's picture

Latest from Arnie at Fairewinde Assocites on Fukushima, see's unit #4's fuel pool as greatest danger.

http://goldandsilverlinings.com/?p=653

ebworthen's picture

 

Hello, Mr. Smith.

You have good intentions, but you are considering making yourself meat and fat for the Beltway sausage machine.

Nothing, and I mean nothing in Rome will change until the barbarians crash the gates and sack it.

Our Government is beyond the resucitations of moral individuals who wish to do good; it eats them alive or turns them into pantomiming zombies.

Kill the beast, don't feed yourself to it.

 

Debtless's picture

Right now it seems there is much anger toward the machine. Though it's undirected and resides mostly in forums like this. Exposure of actual fraud, and illicit behaviors and motivations behind locked doors turned over to the people might create the needed focus for that outrage. As a patriot, I would intend to unlock those very gates for my fellows so time is not spent crashing them - but instead spent reforming the very system which has created them to keep people out. 

Nigh Eve's picture

I encourage you to run.  Our Senate and House will always have a need for "fresh blood", new attitudes, new ideas, etc.

Even if you don't win, your candidacy could still steer the political debate towards critical issues.

By running, you offer your constituency the chance to elect someone whose principles are, perhaps, better aligned with their own (as compared to the other potential candidates).

Good Luck.

Debtless's picture

By running openly as a 'one-term only' it should help insure that my motives are NOW-TERM and i would hope that with initial support a story like this would spread fast via viral as well as mainstream media carries it. Thank you for the supportive words.

d_senti's picture

I admire your sentiments, but I see two serious problems with your plan. The first is this: as you are running as a one term, reveal everything candidate, no one will include you in anything. The second is this: as you would clearly being acting outside of the two party mechanism, you wouldn't be privy to much of the politicking that actually takes place And you better hope there is nothing - and I mean NOTHING - shady in your past, or they'll eat you alive. Like I said, I admire your sentiments. And at least you're willing to act. I just think that your energies would be better spent elsewhere. Everyone already knows that Congress is a den of thieves. I'd say you'd do better to push for large change on a local or state level instead of minor change on a national one. Start a serious secession movement somewhere, get a place in the state senate and be a total dick about what they do, etc. It could get you the platform you want and is much more feasible or useful. I have other suggestions - think Guy Fawkes and the Fed :) - but I don't wanna write those out, haha.

d_senti's picture

I admire your sentiments, but I see two serious problems with your plan. The first is this: as you are running as a one term, reveal everything candidate, no one will include you in anything. The second is this: as you would clearly being acting outside of the two party mechanism, you wouldn't be privy to much of the politicking that actually takes place.

And you better hope there is nothing - and I mean NOTHING - shady in your past, or they'll eat you alive.

Like I said, I admire your sentiments. And at least you're willing to act. I just think that your energies would be better spent elsewhere. Everyone already knows that Congress is a den of thieves. I'd say you'd do better to push for large change on a local or state level instead of minor change on a national one. Start a serious secession movement somewhere, get a place in the state senate and be a total dick about what they do, etc. It could get you the platform you want and is much more feasible or useful. I have other suggestions - think Guy Fawkes and the Fed :) - but I don't wanna write those out, haha.

RobotTrader's picture

Looks like yesterday was the bottom.

Looks like they love this news, and the news out of BAC.

Time to load up on stocks.

Caviar Emptor's picture

Hehe. Lemme see...earnings? The four horsemen of earnings tanked on their earnings releases: AA, JPM, GOOG, BAC. So let's see that's one industrial, two financials and a king of tech. Nice earnings season so far! Think I May (sic) take an early vacation and cruise around the world with my trading profits. See you in the fall!

tmosley's picture

You're going to load up on STOCKS!!??

After that thrashing I gave you yesterday?

You learn NOTHING.  Time for your 8th bankruptcy in 5 years.

SheepDog-One's picture

So NOW Robo is calling a 'bottom' in stocks, therefore I guess youre buying stocks here? Youre a dweeb.

SheepDog-One's picture

Robo will wait to see if they walk up any stocks this morning, he'll post that chart, and insinuate he went long that. Same as every day.

LawsofPhysics's picture

Let him load up.  If more of these guys do it it makes it a lot easier to hedge any losses in my silver and copper calls.

the not so mighty maximiza's picture

System will collapse without QE3, they should let it die

RobotTrader's picture

Where's all that "cost-push hyperinflation" everyone has been crowing about? McDonalds just lowered the price of Big Macs:  Two for $3.50 now in Los Angeles.

It's all good, Subways are still $5.00, and I can still get cans of Monster Energy and 32 oz. bottles of Gatoraid or Poweraid for 99 cents at Ralph's.

Ferg .'s picture

Robo what's with the change in avatar ?

RobotTrader's picture

I promised lieutenantjohnchard that I would get rid of "catfish mouth" if silver passed $40.

LOL...

tmosley's picture

And yet you're still here.

Don't you have some dumpsters to rummage through?

Ferg .'s picture

Bring her back if it passes $50 !

SheepDog-One's picture

You eat Big Macs and drink Monster poison all day? No wonder your brain isnt worth a shit.

tmosley's picture

And his mother washes his sheets, so he doesn't know about the increased cost of "protein-away".

juangrande's picture

It seems inflation pressures on poison remain subdued. 

LawsofPhysics's picture

Inflation/deflation is irrelevant.  Buying power is all that matters.  As a business or individual you will either have it, or you won't.  My business is certainly bringing our supply chains closer to home, the margin squeeze has been on since 2006.  This could be a good thing for equities, but only if everyone did this.  Look around, most companies are still outsourcing.