The Big Lie
C-Section Awakenings
Submitted by Cognitive Dissonance on 12/27/2015 09:07 -0500Rare is the ‘aware’ individual who engages in little more than window dressing in re-ordering our lives in preparation for the inevitable……that which is not self sustaining will not continue.
Ben Carson Admits His "Inspirational" West Point Scholarship Story Was Entirely Made Up
Submitted by Tyler Durden on 11/06/2015 13:50 -0500Having surged to the lead (according to some polls) in the GOP presidential nominee race, Ben Carson may have a problem. As Politico reports, Carson's campaign on Friday admitted that a central point in his inspirational personal story (his application and acceptance into the U.S. Military Academy at West Point) was fabricated. This admission comes as serious questions about other points of fact in Carson’s personal narrative are questioned, including the seminal episode in which he claimed to have attempted to stab a close friend.
The Warren Buffett Economy, Part 5: Why Its Days Are Numbered
Submitted by Tyler Durden on 06/16/2015 18:30 -0500Today’s style of heavy-handed monetary central planning destroys capitalist prosperity. Real capitalism cannot thrive unless inventive and enterprenurial genius is rewarded with outsized fortunes. Warren Buffett’s $73 billion net worth, and numerous like and similar financial gambling fortunes that have arisen since 1987, are not due to genius; they are owing to adept surfing on the $50 trillion bubble that has been generated by the central bank Keynesianism of Alan Greenspan and his successors.
The Case For Nationalizing Monsanto
Submitted by Tyler Durden on 05/25/2015 14:00 -0500Ridding the world of Monsanto via a state buy-out would be a boon to humanity, and doing so for a mere $57 billion would be a bargain - especially when you consider the $3 trillion the state has squandered on endless wars of choice and the trillions of dollars the Federal Reserve and the government have squandered propping up the self-serving, parasitic cartel of too big to jail banks.
The Big Lie: Serial Retail Sales Downward Revisions Hide Ugly Truth
Submitted by Tyler Durden on 05/15/2015 12:31 -0500Over the last 5 years, over 20% of the initial gains in Retail Sales have been 'removed' by serial downward revisions in later months.
Truth - The Cure For Cognitive Dissonance
Submitted by Tyler Durden on 04/12/2015 20:10 -0500“In a time of deceit telling the truth is a revolutionary act.” ? George Orwell
“You shall know the truth and the truth shall make you mad.” ? Aldous Huxley
Big Data Algos 'Are' The Singularity & They're Coming To A Stock Market Near You
Submitted by Tyler Durden on 03/17/2015 17:20 -0500There is a much larger structural risk for markets and investors than HFT and the whole Flash Boys brouhaha, it’s just totally under the radar and hasn’t surfaced yet. Investors may not know better yet, but they will soon, one way or another. Tomorrow a handful of governments will influence aggregate political behaviors by triggering small communications that Big Data tells them will be voluntarily magnified by individual citizens, snowballing into outsized, long-lasting, and untraceable “popular” actions. Tomorrow a handful of hedge funds will influence aggregate market behaviors by triggering small trades that Big Data tells them will be voluntarily magnified by individual traders, snowballing into outsized, long-lasting, and untraceable “market” actions. Tomorrow Big Data will be primarily an instrument of social control, with a powerful and ubiquitous impact on all citizens and all investors.
Retirement At The End Of A Rope
Submitted by Tyler Durden on 03/02/2015 19:30 -0500“They were people with great dignity,” Ivo Costamagna said of his neighbors who committed suicide in 2013. Romeo Dionisi, 62, and Anna Maria Sopranzi, 68, hanged themselves after Ms. Sopranzi’s pension evaporated. “Romeo just wanted a job.” But no jobs were available in the dismal Italian economy.
In what may be another case of research confirming common sense, a new study finds, in all four regions of the world studied, “unemployment was related to an increased relative risk of suicide by 20-30%." While the tragic consequences of ZIRP, bailouts, and multiple QEs have so far been ignored, a tsunami of suicides are coming as the under-saved American baby boom generation faces the stark reality of having to work until they die to survive.
Empire Of Lies
Submitted by Tyler Durden on 02/12/2015 08:08 -0500We are living in an era where a single statement of truth will drive a pin into the global bubble of phantom assets and debts, and the lies spewed to justify those bubbles.
Only 44% Of U.S. Adults Are Employed For 30-Or-More Hours Per Week
Submitted by Tyler Durden on 02/06/2015 20:20 -0500Most Americans just assume that the economic numbers that we are being given accurately reflect reality. That is why it is so refreshing to have men like Gallup CEO Jim Clifton step forward and tell the truth. Don’t be fooled by all the happy talk from the mainstream media and from politicians like Barack Obama. The truth is that the percentage of U.S. adults that do have “good jobs” is actually far lower than 44 percent.
Gallup CEO: "America's 5.6% Unempoyment Is One Big Lie"
Submitted by Tyler Durden on 02/03/2015 19:22 -0500"There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie. And it’s a lie that has consequences, because the great American dream is to have a good job, and in recent years, America has failed to deliver that dream more than it has at any time in recent memory. I hear all the time that “unemployment is greatly reduced, but the people aren’t feeling it.” When the media, talking heads, the White House and Wall Street start reporting the truth -- the percent of Americans in good jobs; jobs that are full time and real -- then we will quit wondering why Americans aren’t “feeling” something that doesn’t remotely reflect the reality in their lives. And we will also quit wondering what hollowed out the middle class." - CEO of Gallup
The Greater Abomination: Washington's Lies About TARP's "Success" Are Worse Than The Original Bailouts, Part I
Submitted by Tyler Durden on 12/23/2014 11:38 -0500The mainstream economics narrative is so far down the monetary rabbit hole that the blinding clarity of the chart below has no chance whatsoever of seeing the light of day. That’s because it dramatizes the real truth regarding all the Fed gibberish about “accommodation” and “stimulus”. Namely, that what lies beneath its “extraordinary measures”, such as ZIRP, QE, wealth effects and the rest of the litany, is a central banking regime that systematically destroy savers. Period. TARP wasn’t “repaid” with a profit. It was simply perpetuated and morphed into a new form of destructive state subvention and malinvestment.
The Last Time the Euro Hit These Levels, Europe Was in Total Collapse
Submitted by Phoenix Capital Research on 12/01/2014 14:24 -0500Today the Euro is on the cusp of breaking critical support. Draghi will likely see this as a success (he wants inflation). More likely, it will bring in another round of the EU Crisis (the same line was hit when Greece imploded in 2010 and when Spain imploded in 2012).
Dispatches from Occupied Territory - Awakening Alone While in a Relationship
Submitted by Cognitive Dissonance on 11/15/2014 14:28 -0500A common refrain from those who are awakening is they suddenly find themselves living with someone they no longer ‘know’. Rarely do they understand their partner may actually feel the same way.
Now Comes The "Specter Of Deflation": The Money Printers' Latest Scam
Submitted by Tyler Durden on 10/16/2014 18:18 -0500The Fed’s public relations firm of Hilsenrath & Blackstone was out this morning with the official line on the market’s tremors of recent days. It seems that $10 trillion in freshly minted digital money at the world’s major central banks over the last eight years—-that is, a tripling of their balance sheets to $16 trillion—- is not enough. Not only is 2% inflation still MIA, but it now threatening to enter the dark side: Behind the spate of market turmoil lurks a worry that top policy makers thought they had beaten back a few years ago: the specter of deflation. Never mind that there is nothing close to a sustained run of negative consumer price indices anywhere in the world.




