- - - and the Bad News Keeps On Coming!

The only good news out there is that with the next bear market, all the rich fat cats are going to be brought down, too.  The future prognosis for the stock market has never looked worse.  Last night I read a whole lot of economic stuff in the blogs with charts galore saying that our energy consumption “is at deep recession levels” and that maybe we actually peaked in our energy consumption about 1979 at least nationally.   Industry peaked then and did not recover but perhaps personal wattage per hour consumption peaked in the mid nineties.  But regardless- - all this is indicative that oil prices will not be rising any time soon.  There was a video saying we are headed for a 25 year super recession- - and this video talked a lot about petro-dollars.  And I read something that said we actually had a “thirty year recession” from early 1870’s to almost the end of the 19^th century.   This source just combines the recessions of ’73 and ’93.   In other aspects of the economy debt obligation ratio to the actual GDP is alarming.  It’s never been worse.  The GDP ratio to market “capitalization” has never been more adverse.  Here is where excessive “capitalization” in the market compared to GDP is a bad thing, and it’s the most adverse since 1929.   Worse yet is that the overall volicity of money has slowed to a crawl, and this chart would indicate we are still in a recession, or worse yet in a new recession.   Also new factory orders are taking a new dip indicating a new economic downturn is around the corner.  Household income has been bad- - but the latest news here is a slight upturn.   You know of course about the 62% for percentage of the work force participation.  Oh- - and there was yet another chart that showed that back fifty years ago FED stimulation boosted the economy by two dollars and forty-one cents.   But by the 1980’s this figure had shrunk to 45 cents or something, and today that figure has shrunk to seven cents.  This means for every dollar of printing press money the FED puts out- - there is only seven cents of stimulation.  And worse- - they are now saying that massive FED stimulation might even go negative at some near future date.   Putting all these economic statistics together- - things just look - - Bad - - all the way around.   So I guess maybe I don’t feel quite so alone in my own personal economic recession.   Both Judy and Dr Levy said years ago that “There (in essence) will be no recovery to this current recession” – and I’ve heard estimates of bad economic times were forecast till 2020 and perhaps beyond.

The police chief of Ferguson, MO has resigned.  This guy is the sixth Ferguson official to do so if you count judges and officers and clerks and the like.  There is now talk that the entire Ferguson police department may be dissolved and assumed by a bigger entity that recently took over another small city’s police department in the St Louis area.  Of course officer Darren Wilson has long since been off the force.  So I guess those “social justice” people like me on the left are getting our “pound of flesh” after all- - and deriving a certain satisfaction from it.  In late news - I had Sean Hannity on till the first commercial break.  Apparently two officers in the Ferguson PD were shot using a telescopic gun sight.  One of the officers is in critical condition and the other just had a shoulder wound.  After this I turned to Bill Carol and then it was NBC news.  Neither of these shows, nor Stephanie Miller or Thom Hartman had anything about this double officer shooting.  I think Hannity will use any and every excuse to rant some more about the Justice Department and the Obama administration, saying “they created the climate for it”.  Eric Holder felt it necessary to respond to the incident, which is almost unfortunate, because no matter what the AG says, Sean Hannity is going to accuse him of lying anyhow.  Of course Sean Hannity told so many lies in just the few minutes I had him on, to chronicle them one by one again would be a redundancy.

These Secret Service agent stories keep on coming.  First it was prostitutes during a Presidential trip.  Then it was the break and entry guy.  Now it's two secret service agents getting drunk at a party and then ramming their car into a White House barricade.  Apparently the car ran over a suspected bomb - - a potential explosive device.  Fortunately it didn't go off.  Of course I told you about the drone attacks while the President was at home.  One of these days - - I hate to say it, but the secret service agents are going to mess up one time too many and the President is going to suffer for it.  Something strange is going on here.

In terms of this "Blurred Lines" copyright contraversy, I'm siding with the so called plagurizers.  Because the media plays so little of both songs, Marvyn Gay's "Got to Give it Up" and the current hit- - I am by no means convinced any song stealing is going on here.  If anything "Blurred Lines" is a better song, but the media plays so little and I'm wondering "Are they saying that you can plagurize a drum beat?"  That's what it sounds like.  Unfortunately my friends on the Other Side don't agree with me.  The Federation, The Romulans, The Del Phi group, and the Arkturians have all come out strongly that Marvyn Gaye was plagurized.

Now the Republicans are not content with simply a single letter to Iran.  Now the Republicans are doing fundraising drives based on this “great thing they did” in putting the President of the United States in his place” as they see it.   Thirty years ago there was not an outfit like FOX news on because President Reagan has not made his 1987 FCC ruling that threw out the fairness doctrine.  I know of no sane individual who says that a few huge corporations running our news media is better than hundreds of private TV, Radio, and Newspaper outlets giving us our news.  Whatever “good things” are supposed to have happened by giving the ultra rich all this power- - did not happen.  We hear talk from them about “efficiency” and how the consumer is getting a “better deal” with only a few outlets.  The Republicans are acting as - - petulantly- - as grammar school children playing a game of “Nyah - - nyah”.   There ARE no adults in the room when it comes to the Republican Party.   One commentator said that the whole Republican party ought to be prosecuted under the Rico act or something.   We were told when Citizens United came down that “This ruling will insure a more robust political campaign- - and we believe in full disclosure of financial sources”.    Neither of these are the case today.  Historians will look back on this era fifty years from now and say that it was an era where Americans as a whole “lost their minds”.   Some lady caller just called in saying right after Bush was handed the Presidency in 2000 people were predicting “100 years of Republican rule”

 Hannity of course tells flat out lies.  But Hannity did mention these communacations with Bill Clinton when he went with this pedophile named Epstein to “orgy island” where they both had sex with under aged girls, and perhaps worse.  (?)  If Bill Clinton said he’s only used E mail twice in his whole life he’s a liar because Bill Clinton has four E mail accounts.  This “orgy island” type thing ties in with certain members of the British Royal family.  It is recommended that the Clinton “family serve” (guarded by Secret Service Agents) be given up to a third party such as a retired judge, to endeavor to electronically get information off of- - even though Hillary made it a point to say that any information she didn’t “decide that was relevant” to the government, she immediately deleted.  (I wonder why)  I have no emotional axe against Hillary - - one way or the other.  As I have said, it could well be she is the best person to we could nominate in the Democratic Party.  But I say that "If you really believe that- - then Prove it with a spirited primary with competetion.

I guess it's interesting to see what is ABSENT in today's society.  I think there is a void of main stream Christian churches like we used to regularly have.  Most of the major demoninations are shrinking.  The "local church" is becoming a thing of the past.  Another thing you don't see today is activity in the psychic community.  You'd think psychics would be doing a box office business given the turbulent times of these days, but this is not the case.  Nobody talks or even thinks about that stuff these days- - except for this writer- - - very occasionally.   Another thing absent that was very prevelent back in the sixties- - is folk rock- - beatnick poetry and the like.  There are no folk protests songs today that I'm aware of.   Of course it goes without saying that we don't have "Political convention" coverage during elections.  This has been a dying art of course for the past forty years.  But back in the day there used to be a lot of suspense around Party Conventions before they became strictly choriographed affairs, and got shorter and shorter and are now edited down to virtually an hour each night.   Today party officials are almost pathologically risk averse and everything is precisely timed almost to the minute.