What We’re Watching

In no particular order and with no ranking of importance as we see it: Global seismic and geothermal activity. Are the events linked and if so will activity increase? Japanese monetary policy. Will Abenomics finally implode and take the Japanese bond market with it? The US presidential race. What happens with and around Trump may Continue reading »

Bits and Pieces – 20170326, Sunday

The Deep State: The Russian hacking straw-man continues to collapse: The Evidence That Russia Hacked the DNC Is Collapsing. The Deep State’s position is based on a report from CrowdStrike which in turn has come under scrutiny by independent minds: What Is CrowdStrike? Firm Hired By DNC Has Ties To Hillary Clinton, A Ukrainian Billionaire, And Google and DNC ‘Russian Hacking’ Conclusion Comes from Google-Linked Firm.

On another front, although we may never come to publicly know who did what at whose request, Trump was spied on by the US intelligence community: Nunes Confirms There Was “Incidental Surveillance” Of Trump During Obama Administration, “Seems To Be Inappropriate”. Note that he continues to be investigated through “multiple FISA wntarras” – your Deep State in action preserving Truth, Justice, and the American Way. Late news: NSA To Provide “Smoking Gun” Proof Obama Spied On Trump.

From others on this topic:“Much Worse Than Watergate”, Former CIA Officer Admits Trump ‘Wiretapping’ Likely True, the players for the Deep State that rushed to brand Trump’s allegations of wire tapping, continue to find their position is in trouble and possibly deep trouble: NSA Whistleblower Says NSA Spied On Congress, The Supreme Court And Trump.

Bits and Pieces: Confirmation bias enshrined in academia: In anti-intellectual email, Wellesley profs call engaging with controversial arguments an imposition on students lest students be encoraged to think for themselves. Pity the poor snowflakes.

Bits and Pieces – 20170320, Monday

Commentary: We sold our house late last week and have been preoccupied with related issues. Life is now returning to normal whatever that is.

I have voiced a concern about the structural unemployment coming due to robotics, auto,ation and artificial intelligence (RAAI). Today I publish links to articles on the psychological and sociological, particularly on men. Also, by now you understand that although these are often treated as vertical issues explored by linear deterministic thinking and models, the reality is that these are aspects of a deeply complex system.

Bits and Pieces – 20170314, Tuesday

Commentary: Last post I presented the idea that the left actively seeks a totalitarian state. Here’s an article that suggests that we may already be there: Welcome to Totalitarian America, President Trump! This idea might marry the narrative of the Deep State with a number of other narratives: the militarization of police forces; the large scale military exercises conducted in American cities in the last few years; the complete control over personal communications by the various branches of the intelligence community (NSA, CIA); the subjugation of the economic interests of the American people to those of Wall Street; and so on.

I had concluded years ago that democracy by its nature, is a phase in a cycle: democracy -> socialism -> totalitarianism ->  revolution -> democracy. The reason is that democracy allows politicians to promise and provide socialist entitlements in return for being elected and retaining self-rewarding (corruption in the extreme) power. As socialist programs pile up creating a socialist democracy, the cost of the socialist programs eventually reaches the point (we are there now – Ontario’s medical system; massive deficits and debt) where they must collapse with widespread civil unrest. This leads to repressive control of the population and suspension of constitutional and civil rights, and the democratic process. At this point the state has become totalitarian leading to the eventual emergence of resistance which for survival becomes increasingly militant and violent. Eventually revolution results. At this point democracy may seem the best option for the future  (we’ll do it right this time).

As a final note, I have an extensive commentary on money that emerged as I wrote this. It would be worth your while to rea and understand some of the issues around an asset that you think you have control over but don’t.

Bits and Pieces – 20170310, Friday

Commentary: Perhaps the most important article for Canadian readers today is a ZeroHedge report on new data from the BIS (Bank of International Settlements – sometimes called the central bankers bank because it acts as a global banking watchdog): Whose Banks Are Riskiest: A Surprising Answer From The BIS. The Canadian banks deny any risk as does the government. However, not believing either institutions, I am mapping out a defensive strategy which I will publish at a later date.

This article is a short summary of what I have been saying about jobs: If You Think Your Job Is One That Cannot Be Automated, You’re In For A Rude Awakening. The 5-10 year time-frame for this to unfold is the time-frame for the point of no return for the collapse of Western civilization. The 15 minute video in it I embed below. It is extremely well produced and is comprehensive in its coverage:

The key point in this video is that of the horses. Hint: we didn’t need all the horses of the pre-auto age AND WE DON’T HAVE THEM TODAY.

Civil Unrest: Here is an articles discussing civil war in the US: Is The Left Trying To Start A Civil War?

I realized today that the disregard for the democratic process in the US by those who refuse to accept the outcome and are actively working to reverse the result in a soft coup – to overthrow Trump – are really seeking a totalitarian form of government that embodies their ideologies.

Cyber Warfare: More commentary on the cyber warfare being waged by the CIA on … uh, anyone and everyone apparently: CIA’s Dirty Cyber Tricks Exposed: “UMBRAGE” & Potential False Flag Attacks” and The most shocking revelation from the CIA spying scandal. And I thought all the viruses and Trojans I have dealt with over the year came from bored high school kids working out of their parents’ basements or Russian mob technicians: WikiLeaks Holds Press Conference On CIA Hacking, Will Share Hacking Tools With Tech Firms.

As a result of the revelation of the UMBRAGE project the CIA, the CIA cannot credibly identify a hack or intrusion as Russian in source.

Bits and Pieces – 20170307, Tuesday

Commentary: One of the biggest problems facing us is the loss of jobs due to RAAI. Not only will we not be able to cope with the surplus labour but the double whammy of increased entitlement payouts and decreased revenue from income and sales taxes will lead to collapse in government finances. But there are other social implications as well: When Factory Jobs Vanish, Men Become Less Desirable Partners. This is another tear in our social structure.

Now view this 6-minute video also at the end of the article:

Automation is introduced to cut labour costs by displacing workers or increasing productivity. That is, automation enables an increase in production without hiring more workers. A company will do this to gain a competitive advantage or maintain one. Since competition is the dominant force in most markets, automation will only increase, particularly as its costs continue to drop while labour costs rise. When all humans have been displaced, the process will go on by replacing older robots with newer, more efficient ones. We are entering a future where there will be far fewer jobs, particularly well-paying ones. Simply put, we already have too many people in our societies.

Bits and Pieces – 20170303, Friday

Commentary: Today I wish to comment on only one theme, the soft coup the Deep State in the US is waging against the administration, primarily through the intelligence community. The primary attack is coming via allegations of collusion with the Russian bogeyman in various forms and is well laid out here: How ‘New Cold Warriors’ Cornered Trump. After reading this, read this article: The Resurrection of Armageddon — Paul Craig Roberts. In it he discusses the motivations of the Deep State to risk nuclear war.

Related commentary and news includes:

  1. “This Is Either The Most Elaborate Cover-Up Of All Time, Or The Dumbest”.
  2. The media bias in persecuteing Trump is reflected by this article: Russian Ambassador At The Center Of The Sessions’ Scandal Visited Obama White House 22 Times.
  3. “It’s A Witchhunt” – Russia Slams “Malicious Campaign” Waged By Unknown Americans To Damage Ties.

Understanding the above provides a wonderful clarity of insight into much of the activity in the media and the actions of key Republican and Democrat Deep State actors. It is far from clear if Trump can survive this attack from the establishment or if, surviving it, he will be an effectual president. This is the central game being played in the US going forward. Nothing else matters.

Bits and Pieces – 20170302, Thursday

The War on Cash: Some insight into the motivations for the state to move to a cashless society: The Tyranny Of A Cashless Society Coming?

Climate: Here’s a 2013 summary of the climate and the scientific drivers of climate. Warning: these views are politically incorrect:

Bits and Pieces: “These people are mean. I’m out’a here.”

The thing to note is the incredible agility of the bot. On uneven terrain it uses its arms and shifts its center of gravity in exactly the same way other animals such as humans perform the same unconscious compensation. It is unlikely the bots software was programmed for this performance because the demands are too intricate. Rather it likely uses a new paradigm whereby the bot learns on its own. I read early experiments at MIT going back a decade where they were experimenting with various insect-like bots (8 legs) that were using self-learning algorithms.

Bits and Pieces – 20170301, Wednesday

The Deep State: The effort to connect Trump with the evil Russians may have problems: Intel Committee Head: No Evidence Of Contact Between Trump Campaign, Russia.

Cycles: Here is some commentary on the debt super-cycle: The 100 Year Debt-Supercycle Is Coming To An End: “Facing Greatest Crisis In Human History”. It sounds apocalyptic. It will be.

Bits and Pieces: This is not good news for Canada in in the short to medium term: Have The Majors Given Up On Canada’s Oil Sands?

Iceland was the first and only country to jail bankers after the 2007-8 financial crisis. Now, Spain has followed suit: Former IMF Chief Sent To Jail As Spain Prosecutes 65 Elite Bankers in Enormous Corruption Scandal.

A couple of articles on the RAAI theme. Here is a robot with amazing agility: Meet Handle: The “Nightmare-Inducing” Robot From Boston Dynamics. I would suggest your best escape is through a rabbit hole or possibly up a long flight of stairs. Also consider: Minimum Wage Massacre: Wendy’s Unleashes 1,000 Robots To Counter Higher Labor Costs.

Martin Armstrong provides commentary on two issues that will emerge to prominence in 2017. The first is that of private pension plans that are essentially broke: Teamsters Local 707 Goes Bankrupt. The second is the US debt and deficit crisis: The Obama-Boehner Debt Crisis.

Bits and Pieces – 20170226, Sunday

Commentary: Building on the the theme I started in Bits and Pieces – 20170224, Friday, the idea of a massive loss of service jobs, particularly in retailing, I would add this video from Gordon long today, LONGWave – 02 08 17 – FEBRUARY – A Rapidly Rupturing Retail Reality, in which he chronicles the collapse of bricks and mortar retaining in North America. Those retailing jobs are gone replaced by online retailing served by massive fulfillment centers as shown in the video Friday and in earlier clips for which I had posted links (but can’t find).

I had referenced two predictions that March 15 would usher in a period of chaos in financial markets. I realized today as I read another forecast from David Stockman that March 15th is the Ides of March. Should we pay attention to Caesar’s wife: Stockman: “After March 15 Everything Will Grind To A Halt”? Related to this is an article by Niel Howe (The Fourth Turning) in which he summarizes the generational cycle theory that he and William Strauss put forward in their book: “Welcome To The Next Awakening” – Author Of Steve Bannon’s Worldview Explains The Path Ahead. He places our current time in this framework and there is the suggestion that it is a philosophy that Steve Bannon is aware of.

Bits and Pieces – 20170224, Friday

Commentary: I had come to the point of thinking that writing and presenting factual material had little value other than to myself – which is why I continue to do so. In conversations with people I had noticed that when presented with facts contrary to their position they seemed to back off but fail to change their position. Here’s support for that observation: Why Facts Don’t Change Our Minds. To note: “Once formed, impressions are remarkably perseverant.” This points to our early life as the formative stage for many of our narratives about the world. It also shows the danger the school system poses when it strays beyond the 3 Rs.

The writer notes “People believe that they know way more than they actually do. What allows us to persist in this belief is other people.” This is due to the sociability nature of our species. The application of this principle to current events (Trump) is enlightening since”as a rule, strong feelings about issues do not emerge from deep understanding,” but from what we hear from friends and read in the MSM, particularly if it reinforces what we already believe we know (confirmation bias).

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