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  • The Problem Is Accumulating Accumulation [View article]
    or good said.....
    well said
    Jun 27, 2015. 02:30 PM | 1 Like Like |Link to Comment
  • The Problem Is Accumulating Accumulation [View article]
    Well point
    Jun 27, 2015. 02:29 PM | 1 Like Like |Link to Comment
  • The Problem Is Accumulating Accumulation [View article]
    It's all connected NN as you seem to be aware of.

    The dead zone in the Gulf of Mexico at the mouth of the MS in Louisiana will be average this year - the size of the state of CT.

    Cover crops are the clear answer to reducing soil loss and leaching of chems used in food production. The chems are killing the microbes/life in the soil - essential for producing nutrient dense foods. Current 'green revolution' protocol is GMO seed designed to resist the (Monsanto) Round up ready insecticides/pesticides. Many counties won't allow GMO's - but our cronyism revolving door between Big Pharm-Big Ag - Big Med and the USDA and the FDA is now fighting with huge $ to not allow the labeling of GMO products. Seems to me they don't have the public's best interest in mind (sarc). That's the labeling - not the actual act of discerning if they should be allowed in the first place.

    Round up ready is a derivative of Agent Orange used in Vietnam. Post war chem app similar to fluoride in our water treatment systems. Teeth? there's zero proof it is a net positive for teeth. Unbelievable.

    What would the ~$600B annual cancer industry do if people returned to a healthy, nutrient dense diet? GDP would suffer so let's just have folks buy pink ribbons and walk for 5 miles..... and avoid the root of the problem.

    There's a grass roots movement toward healthy lifestyles (people avoiding the center isles of the grocery stores) that's building of which Whole Foods et al have benefited from. I'd hold off on WFM though - they're getting nailed for short weight package issues around the country.

    A paradigm shift in consumerism is beginning....if it doesn't build, we'll have close to 50% of the population diabetic in a decade or two. Dig the hole, drop the drug laden bodies in and fill the hole back up.
    Jun 27, 2015. 01:04 PM | 1 Like Like |Link to Comment
  • The Problem Is Accumulating Accumulation [View article]
    Well written TNN
    The revolving door(s) at Monsanto and the USDA & FDA have developed into such a caustic soup of chems in food production, that autism increases have gone off the charts. Testing of umbilical cords after birth, mothers have been found to have ~250 toxic chemicals over 'safe' limits. An upside down food pyramid supporting Big Ag interests (also supported by the Farm Bill) has generated generations that will not out live their parents.

    Reset needed.
    Jun 26, 2015. 08:54 AM | 2 Likes Like |Link to Comment
  • The Problem Is Accumulating Accumulation [View article]
    Thanks David
    08 to 09 outlays increased ~$500B
    09-14 outlays static @ +/-$100B with receipts rising

    Receipts contractionary; 09 $2.1T 2014 plus $900B to $3.02T
    Deficit total 09-14 ~$6.3T
    2015 est outlays plus $250B to 3.7T

    I think it proves the limited multiplier effect of gov't spending...015 est a decent plus $250B outlays. 013 to 014 outlays up a shade $50B but receipts up $225B. deficits of -$500B 2014 and forward.

    Tax more? Taxes eliminate dollars from the system - I vote no.

    when we built the interstate highway system and dam projects the public good was served well. Where's all this money (~$6T over receipts) going or rather, what has $6T over receipts done for the economy and our standard of livings?

    We need a new paradigm of policy - that probably won't jive with 'earnings growth'. Example: how good is it that Big Pharma is ultra profitable and growing while we fill hospital beds to the max?...my hunch medical care (sick care) construction has accounted for a majority of the commercial building in the past 5-6 years. the ultimate in digging holes - filling them with bodies and then throwing the same dirt back on top.

    Preventative (better diet-lifestyle) care would drop GDP by ?10%? but the public would be healthier.....Big Ag & Big food would be hit hard with a move to healthier non chem production - but smaller local producers in rural areas would benefit. Eventually a reset would occur - would the earnings/growth pain be worth it for a healthier population? I'd say yes - the pain that many endure daily should be a wake-up call.

    What's the definition of standard of living? Health, happiness or beating quarterly estimates through buy-backs? We're free to choose.
    Jun 26, 2015. 08:39 AM | Likes Like |Link to Comment
  • The Problem Is Accumulating Accumulation [View article]
    I understand your point David - are you say overall gov't spending dropped yr over yr?
    Jun 25, 2015. 02:59 PM | Likes Like |Link to Comment
  • The Problem Is Accumulating Accumulation [View article]
    Thanks for the reply David.
    "The deficit is the result of the United States Congress authorizing moe spending more than it authorized in tax collected". Goes without saying.

    "All of that deficit spending went to pay for government, army, police, national parks, food inspectors, and so forth". I suggest we break down priorities. You're referencing essential services - generally recognized as a public good.

    "All of that deficit spending" would include some non essential outlays that in theory should produce a multiplier effect for future economic growth and sustainability.

    Where did the $4-6T in deficits go or what did they really contribute for sustainable growth? Not too far IMO.

    Monetary policy has been in extreme mode since 09.

    For 6 years both of the major policy tools have had the petal to the metal.

    I suggest it's time for some alternate thinking incorporated into policy. Not exactly sure what that would entail, but something to do with an unwind in centralized control(s). The current two tool path certainly hasn't produced sustainable growth, i.e. w/out Obamacare, GDP would ~2% lower - we'd recognize the past 2-3 quarters as being in a recession w/out (the) wonderful health care cost increases.

    Reading links and reciting Fed directives don't improve the poor results of mostly ineffective policy actions. We're on the wrong path judged by the results, i.e. the view that increased consumer debt is a positive for the economy when most of the debt increase is student debt and people scratch their heads why new household formation is poor.


    "Second, No, there will always be unemployed people..." Goes without saying.
    Jun 25, 2015. 12:26 PM | 2 Likes Like |Link to Comment
  • The Problem Is Accumulating Accumulation [View article]
    Larry - agreed
    "Governments can spend without taxing in a cyclical recession"

    What I'm wondering; If fiscal spending avoided much needed infrastructure work(s), where did all that deficit spend go? Transfers & entitlements I suppose was a good % of the deficit... kind of like dropping bags of grain into Africa for the starving - but not investing in teaching them how to farm. Throw $ into unemp insurance/SNAP - but no investment in training for a sustainable answer to structural unemployment.

    No/limited multiplier effect from the huge deficit spends we did do.
    Jun 24, 2015. 05:57 PM | Likes Like |Link to Comment
  • Corporate Buybacks; Connecting Dots To The F-Word [View article]
    So, top mgt. earns more from options or salary? My understanding (stupid and ignorant I guess) is that stock options are a greater % of compensation.

    Wonder why? cap gains tax lower than regular income tax bracket rates?
    Jun 17, 2015. 09:08 AM | Likes Like |Link to Comment
  • Corporate Buybacks; Connecting Dots To The F-Word [View article]
    Low capital gains tax rates definitely do influence decisions.
    Jun 16, 2015. 07:33 AM | Likes Like |Link to Comment
  • Corporate Buybacks; Connecting Dots To The F-Word [View article]
    if cap gains taxed at the 'income' bracket levels vs the current discount rate, exec's might put less emphasis on buybacks, take a higher salary and possibly put more $ into cap ex.
    Jun 15, 2015. 10:49 AM | Likes Like |Link to Comment
  • The Fallacies Of GDP [View article]
    Good belly laugh Sergeant Kramer!

    I've felt GDP isn't a good guide of the health of the economy.

    I'd think a better guide would be to reflect debt combined with current GDP metrics. Dr. Lacy Hunt of Hoisington Investment was recently published;
    debt
    http://bit.ly/1e6i0nW
    http://bit.ly/1FMjSc8
    standard(s) of living
    http://bit.ly/1e6i2fK

    Policy improvement(s) aren't furthered by a set of flawed metrics.
    "Policy" seems to get in the way of free market forces IMO.
    Jun 11, 2015. 02:32 PM | Likes Like |Link to Comment
  • The Fallacies Of GDP [View article]
    Good belly laugh Sergeant Kramer!

    I've felt GDP isn't a good guide of the health of the economy.

    I'd think a better guide would be to reflect debt combined with current GDP metrics. Dr. Lacy Hunt of Hoisington Investment was recently published;
    debt
    http://bit.ly/1e6i0nW
    http://bit.ly/1FMjSc8
    standard(s) of living
    http://bit.ly/1e6i2fK

    Policy improvement(s) aren't furthered by a set of flawed metrics.
    Jun 11, 2015. 02:31 PM | 1 Like Like |Link to Comment
  • FED ADMITS POLICIES HELP THE RICH AND HURT THE POOR -- BUT IT CAN'T BE HELPED [View instapost]
    Good post MC
    Fiscal policy seems to have dropped the ball - but we did have ~$1 trillion deficits for a while - so not sure where all those trillions in 3-4 years went?

    Central planning - because they can - sure can't beat the free market for sustainable/organic growth. The quest for growth might need some re-defining, although with such a leveraged world of finance I can see why the planners think constant growth is needed to avoid a collapse.

    GDP is a metric that hasn't defined the standard of living(s) for most. We need a different metric to avoid the distortions created by these "all-knowing" planners.
    Jun 11, 2015. 08:55 AM | Likes Like |Link to Comment
  • Corporate Buybacks; Connecting Dots To The F-Word [View article]
    "Great Depression. Sold 2/5-th positions after more than 2x rally...."

    "Greece and it's $242Billion GDP will ever be able to derail the ongoing global recovery story being spearheaded by the US, Japan, Germany,..."

    My understanding is that re-hypothecation of collateral in the EU is ultra leveraged. So 30-whatever billion here and there, will have an impact on leveraged positions - not saying Greece will be a major domino effect, but the squeeze will definitely pucker some bunghole (leveraged positions). Earthquake 4-7 v 9....Major house of cards derivative positions potentially exposed.
    Jun 10, 2015. 12:34 AM | Likes Like |Link to Comment
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