It’s legal to LIE, depending on who you are…

Are you getting so use to lies that you don’t even recognize them anymore?

First, I want to say that I know if I lie to a police officer, my utilities, my boss or local government officials, it is going to cost me in a big way.

We are faced with them by the thousands every week and nobody else is getting in trouble. What gives?

Oh… first we shall call some of them “misrepresenting the truth” like most of the packaging of our foods. Such as my favorite cranberry juice that is 100% juice. Problem is,  only 10% of it is cranberry juice. I made some pumpkin pie the other day and it said “made with 100% natural flavorings” but also contains no PUMPKIN parts. Or just a simple “contains no MSG” while the ingredients do contain the ingredients of what it takes to make the MSG (a tasteless additive that fools your brain into thinking that it is good and makes you want more).

Interesting enough, while we speak of MSG, we were told for decades that it was added as a preservative. Now nobody claims to add it but they list the ingredients that are used to produce it.   …Hmmm…  I guess that is called speaking the truth some other language (that you don’t understand it).

But a Company can lie about the way it conduct it’s affairs that effects the lives of hundreds of thousands of real people sometimes in way that brings harm to them and they are lucky to even see a fine that represents 2% of the excess profits that they made doing so and nobody goes to jail.   I think they call that profitable !

A politician can say anything they want to get elected and that has a effect on everyone if they really had no intent to do as they say or withheld the full extent of their plans. Then they say enough to pacify those they govern while they continue to do as they want.

The lobby groups (PAC’s) can absolutely lie about anyone’s record and slander the character of anyone and “nothing can be done”. I guess we should call them artificial truths. Problem is those funding those lies may not even be of this country and you can’t tell because you are not allowed to know where the money comes from. The banks, insurance, oil, drug, media and communication companies are by far the largest contributors. They don’t want to put their name on the contributions as you might figure out their agenda and boycott them. I guess we call that a Hidden Truth.

So I guess I need to incorporate myself or become a politician or PAC so I can enjoy a freedom of speech that no person enjoys. The ability and legal status to lie !

Freedom of speech… How much is in your wallet ?

All The Presidents’ Bankers – A better look at the banks.

ALL THE PRESIDENTS’ BANKERS, Nomi Prins’ new book.

Bank conspiracy, collapse and the failure of the federal reserve is explored.

This interview is  long…  It is well worth watching to the end.   Oct 2015

https://youtu.be/JAddHWP4jEo

If you find that interesting and can stand some more…

watch this interview of her from Bernie Sanders in 2009.

Some additional insights from recent news…

http://www.marketoracle.co.uk/Article53581.html

http://www.marketoracle.co.uk/Article53583.html

The Consistent Message Of Bernie Sanders

From 1995 Mind You ! and John Kasich is Chair !

It’s what makes Bernie who he is. A steady Force with a Consistent Message.

The Predictable Unpredictable Oil Market

Reading a lot of headlines for a very long time, it is interesting to see them in a order of a timeline reading in order the same hour ranging from “crude going higher on lower rig counts” and “expectations for $30 crude before year is out”.

You begin to wonder if each of the writers are on the same planet.

Want some reality….

Just look at the facts on the ground, not what trend data or a few limited hand picked facts someone wants to point out.

The world has been in “over production” of crude oil for about a year.

Consumption has went down while production has been up.

Expectations have been wildly pushed and prodded in unrealistic ways.

…

Interesting that the “rig count” can move the price of oil today for if it goes down, it will be at least 6 months before the wells those rigs taken off-line just drilled begin to produce oil to enter the market. So it might only mean lower production in 10 months if it can continue 3-4 months in a row or a higher number of existing wells ‘dry-up’.

Interesting that we gauge overproduction storage by only one place in the U.S. in Cushing, OK while most of the overproduction has been filling every container that can hold it everywhere else including super tankers. Eventually, we will run out of storage and/or have no money to pay for it’s storage and the price will crash rapidly taking many a investor with it. Some of what shut down some North Sea oil shipping is in the fact they could not find a empty tanker. They are using them for storage.

How long will it take to “burn-off” all this oil in known and unknown storage ? We have no real way of tracking how much is in true storage. Just what shows in Cushing.

Yes, there is going to be a re-balancing of power from oil production and extends and complicates more than just oil. Much of U.S. oil leaves the country as “refined products” outside of the export ban, but soon, those Texas refineries will have competition from Saudi Arabia as they build many large new refineries (coming on-line in 2016 – 2018) designed for exporting large amounts of refined products. So what does that do for the price of WTI crude and gas/diesel and heating oil?

Iran has yet to show us what it can produce starting in 2016 and the impact of that new volume has yet to be realized and is more than any offset from waring nations in the Gulf to say the least. Since they have had time to prepare for sanctions being lifted, there could be a flood of oil hitting the market initially. What they can sustain in production is yet to be seen.

While just having producing nations talk about controlling production creates a spike in price today (expectations), nobody is willing to give-up market share so the talks are always fruitless and overproduction continues. But a lot of money is made from those price spikes for a day or two.

From a old-school investors point of view, this is pretty simple regardless of what tech details someone wants to inject….

Until production is near consumption and we burn-off that what is in storage, the price will be lower. Ignore that and you are sitting on a time bomb that is getting bigger as time goes on. Take your lumps now or be destroyed by it in the future. Most likely, it will really cost us many jobs when companies go under water ‘when’ the bomb explodes.

Hiding the oil may have worked for the investment banks to create their own ‘contango’ between spot and futures oil pricing but that was in a near equal supply/demand equation. They had control of the news from a investment point of view. It does not work for long in a widely overproduced market. You just don’t have that kind of storage. The only room for speculation is in the future consumption growth and when we run out of storage space for it.

 

Political Oxymoron

With some time on our hands, sometimes we actually get a chance to look at the forest and see the trees.

While finding answers, it sometimes only makes more questions !

Here are a few trees that we could spot while looking at the forest…

If the drug company’s are selling drugs at a discounted fraction of the U.S. cost/rate overseas. Isn’t that a subsidy ? Funny, those that support the actions of the drug company’s are against subsidies for anything else (except corporate farming).

If it is wrong to kill a person, shouldn’t it also be wrong to kill those convicted of killing ? Not funny is most of those that support right to life of unborn children are the biggest promoters of the death penalty.

Why is it every industry that has been “deregulated” is about 8 years from a doomsday level crisis thereafter ? Savings and loans,  Energy, Banking and we have yet to see what happens to the Utilities (electric) Market recently deregulated. In common, They seem to move from getting deregulation passed to merger and acquisition afterwards, to lie-cheat-steal until they go belly-up. I thought that was what the regulation was trying to prevent. Funny how we never ask why the regulation was put in place before it is removed.

What is the difference between a Indian (from India) and a Mexican ? A Indian is more likely to have and hold a green card and get citizenship and not at risk of being deported and more likely to find a job that pays near 6 figures (displacing a American Job) and nobody says a word. I find it interesting that while Mexican immigrants seem to be a issue of American job displacement, more wage dollars have been displaced in Silicon Vally by Indians and those jobs were not jobs nobody wanted to do. Just nobody wanted to pay for just like the Mexican immigrants problem.

Looking at the above, do you wonder who is telling us what the issues are and their motive for leaving many aspects of them out ?

We could write a book of these.   You probably need to ask questions. A Moot Oxymoron ?

Republicans Planted Seed Of Tree They Are Hanging From

Kind of a bold title isn’t it ! While I’m not going to spring any new information on you, I am going to point out what you already know but have never connected the dots.

The far right wing of the republican party has been hell-bent on removing any rules that would apply sanity to the economy or the election process over the years.

Part of that was removing any spending caps on elections. And the right wing of the Supreme Court equated money with free speech which not only opened the flood gates for anonymous money into any election, it prevented congress from acting against it because now being a freedom of speech issue of the 1st amendment of the constitution, it can not be changed by Congress.

So what has this changed for us.

It now means that a foreign power or entity could support a election or issue with unlimited amounts of money and nobody will know the source is not from the U.S. Keep in mind these adds do not have to be truthful.  And most elections are won on scaring you into not voting for something or someone with miss-information. Very few are for why you should vote this way (pro), they are all ‘con’, why you should ‘not’ vote that way.

But that’s not all…

It has created a situation within the republican party where “THE MONEY” speaks even without spending it.

It seems that if they want that Congressman or Senator to do what “THE MONEY” wishes, they only need to threaten to spend it on the other guy next primary. So they do not even have to spend it. Just have it sitting there ‘not as a carrot’, but ‘as a stick’.

So they have went on speaking the way that “THE MONEY” wants them to until it just sounds unattractive to any voter. This is the clear reason for the OUTSIDER dominance in the early primary polls.

Business is actually scared because the leading candidates on both sides have not been listening to what “THE MONEY” has been saying for the last decade.

Hence the prop-up for the only true big biz candidate on face value anyway…  Carly Fiorina who was a former HP CEO. There was a hope that if the voters want a outsider, they need one that “THE MONEY” could control in a understandable way.

Well, the noose is getting tighter as they hang from the tree that they planted.

As this Trump thing continues, I am personally not sure if he could win a general election but if he stays in the race long enough, he is sure to keep the republicans from winning the seat.

Since there really is no way to remedy this problem even in future elections short of a constitutional amendment from the people (states) separating the rights of a corporation from a citizen and removing anonymity from the monetary side of the election process, we and they are going to have to live with this rope hanging from the tree each election cycle. The rhetoric that gets you attention while in office, will keep you from proceeding in the future.

Yes, company’s should be able to spend whatever they want getting someone elected, but the money should have their name stamped on it. If that were the case, I’m sure they would be much more reluctant in putting it up.

Who would want to be known as the guy behind the curtain pushing all the buttons when you most likely spend money on their products.

Not that they are not there now, you just don’t know who they are.

But all of this really equates to a self lynching !