The Horror’s of the dreaded Yield Curve Inversion!

The Treasury yield curve has inverted because of massive amounts of wealth being moved into US Treasuries… from Hong Kong… in what would be traditionally called a “flight to safety”. This is distorting the treasury market.

The people of Hong Kong are far from stupid.

Although I wonder about the talking heads in the US.

For the record, of course, there will be another recession.  Why?  Because there is always another recession.  When?  Who knows.  But the famous indicator is currently subject to large external forces such a Chinese Military massing in the Shenzhen province just outside of Hong Kong.  It’s called “Market Distortion”.  One which is being created by the profound uncertainty of the future of Hong Kong due to the expected Communist Chinese invasion/crackdown.

We talked about this being worthy of your undivided attention almost 8 weeks ago.

It remains an event of greater importance than whether a Pedophile Auto-Erotically Strangled himself from the top bunk of his jail cell or was hit by the CIA… seriously… who gives a sh*t?

And Frankly, I always loved Recess.

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China Needs Hong Kong to just keep doing Hong Kong

Now more than ever China needs Hong Kong to remain an engine of Capitalism.
We’ve talked before about Socialist Countries existing at the teat of Capitalist Countries. Socialism cannot create wealth.  Nothing has changed.
When China took control of Hong Kong in 1997 it was widely thought the Socialist country would quickly destroy all that made Hong Kong prosperous. Many believed, with good reason, that the oppressive, individual hating, top-down governing ideology would not be able to tolerate the freedom and individual liberty associated with Hong Kong.
Surprising the world, China instead chose to isolate Hong Kong from the rest of the country. It was a brilliant move by horrible people.  China held Hong Kong as an asset in its ‘portfolio’ with the realization that the prosperity Hong Kong created was essential to the perpetuation of China’s oppressive Socialist Ideology.
Don’t be fooled… Hong Kong remained an irritant to many of the Elitist Chinese Politicians. But economically it was a sound decision if it was the life of the oppressive, human hating, Chinese Socialist ‘Utopia’ which ultimately mattered. Those 1997 Autocrats in waiting were on the precipice of unimaginable wealth to be gleaned from a relatively new trade partnership with the United States. The full absorption of Hong Kong could wait a little while until a new engine of wealth was fully realized…
Fast forward to 2019…
The overt move to bring Hong Kong ‘into the fold’ of China’s Democratic Socialist Dictatorship has been underway for a little over a decade.  But a disruption, an Orange Swan if you will, occurred which turned the finely set table over.

Suddenly something changed.

The people of Hong Kong rediscovered their value when the prettiest girl in the room decided she ‘ain’t got no sugar’.
China’s ‘new’ engine of wealth, the United States, decided not to play anymore.  Hong Kong was back!
This move alone has thrown China’s long term plans into question.
Why?

To reiterate…

The resistance from the United States to the contemporary trade agreements with China has provided Hong Kong with the ability to resist… making Hong Kong important once again. China once again needs them… badly…

China’s long term existence is questionable, at best, without the United States and is certainly headed for a catastrophe without both the United States and Hong Kong combined.

This is an important Global event and deserves all of our attention.

The Default State of economics…

Many years and countless hours of studying Socialist countries has presented me with two absolute and demonstrable facts.
First, Socialism never works no matter how much your local Socialist wants or wishes it too.  Or for that matter, tells themselves it does.
Second, Free Market Capitalism is the default state of economics.

Without fail, once established and entrenched, a socialized economy gives birth to a separate and “unequal” system of trade.

A system of trade that is not controlled by the state. It has many names such a black, grey, underground and illegal… but those in charge never call it “free” which is exactly what it is.  (In Russia there was a simple rule everyone lived by… if you see a line get in it.  They knew that whatever was at the other end, whether they wanted it or not, could be traded for something they did want.)

The Socialists have attempted every imaginable idea to stop Capitalism in its tracks but  have succeeded only in slowing it down and creating distortions which they then blame on the very free market they distorted.

They stare dumbfounded at a system of trade that does not require their genius, planning or input, to be successful.

So, Throughout history the Free Market has ruled unmatched in it’s success and durability as the premier economic system.
(An aside: I’ve encountered a school of liberalism (a poorly educated one) that has labeled Free Market trade as “Smithian Capitalism”. I would remind these Elitist Know Nothings that Smith was simply an observer and recorded what had been evident for millennia. Just because he was the first to organize it on paper does not make him the architect of voluntary trade.)
Free trade has flourished under monarchies and Marxism alike.

It cannot be stopped… but that seems to be one of the tenets of our present day, home-grown Socialists. There is an ongoing effort to slow Capitalism down with policy issues like global warming which then lead to ideas like cap-and-trade etc. Ironically it is the resistance from the rest of the socialized world which stands in the way of these ill-founded ideas… the Communist Chinese understand the value of free market trade which is why Hong Kong has been left alone.  But they also recognize the inability to control a population enjoying a Free-Market, which is why they have not officially adopted the economic system for China proper.
But the point is, when the superiority of Free Market Capitalism is recognized even by those who wish to see it go away, you have to ask yourself why are we still fighting with these same types of people at home?
I have and will continue to offer it is about Power and Control… it is about a mindset that see themselves so superior to you that the concept of not making your decisions for you is unthinkable. In their minds, It is about keeping you from always making the wrong choice because you’re too stupid to know better.
We finally have a single country, in the United States of America, founded on the beneficial evidence of  individual rights, voluntary trade and property rights.  And the Left can’t leave it alone.

I’m tired of placating these people and their oppressive ideas coated with a candy glaze of “fairness”.  Simply being born in a country doesn’t make it “yours”. If we are not racists then we should surely not be “Geographists” either. We should organize ourselves according to ideas on  Individual Freedom and Liberty.  Those who do not believe in how this country was founded need only find a country where their ideas fit in.

Socialists already own most of the planet… how is that working out for them?  Surely the EU could use the brilliance of our modern day Left to help them put their Socialist Utopia back in order.

(042812)

“If you destroy a free market; you create a black market.” – Winston Churchill

The Tale of an Elitist

Meet Rurik Jutting.

I present to you a young man who met and exceeded all the daunting tasks placed before him to become one of the Elitist Socialist Class.  This ‘brilliant’ individual had ‘arrived’ and enjoyed the life expected by all Elitists who ‘studied harder’ and ‘excelled’ in their area’s of expertise.

Let’s run down the list:

1.   He is a citizen of the right country… Britain.
2.   He graduated from the right school… Cambridge.
3.   He excelled in the right area of ‘expertise’… Finance.
4.   He enjoyed the right compensation… $500,000 a year.
5.   He accepted the system’s verdict of rightly meritorious.

But he made a single mistake….

“Clean shaven and dressed in an open-necked blue shirt, Jutting stood as he pleaded not guilty to murder but guilty to manslaughter on the grounds of diminished responsibility.

Addressing the jury panel deputy High Court judge Stuart-Moore said: “The evidence in this case is extremely disturbing” adding that what they would see and hear was “shocking”.

He went on: “The defendant filmed himself on his iPhone as he tortured his victims.”

“He recorded on his iPhone much of what he did to these people that he had killed.”

The alarm was raised after neighbors reported blood dripping from the balcony of his high rise apartment close to Hong Kong’s seedy Wan Chai district.

Reading said Sumarti (One of the victims) was tortured with pliers, sex toys and a belt for three days at Jutting’s apartment in Wan Chai – where expensive homes lie close to a red-light district.

He told the court: “After torturing her for three days, he took her into the bathroom, had her kneel in front of the toilet bowl and, with her hands tied behind her back with his belt, made her lick the toilet bowl.

“Then he cut her throat with a serrated-edged knife.

“She did not immediately die so he dragged her into the shower and continued to saw through her neck until she was dead.”

After she was killed, her body was wrapped in plastic sheets and blankets, and put inside a suitcase, Reading said.

Jutting recorded footage describing how he had enjoyed the killing and saying he could not have done it without using cocaine.

Late on October 31, Jutting met Seneng (Another victim) at a bar in Wan Chai and brought her home after offering her money for sex – they had never met before, said Reading.

Seneng was in Hong Kong on a domestic helper visa, he said.

Before going out to meet her, Jutting hid two knives under sofa cushions. He had also bought a small blowtorch, plastic ties and a hammer, Reading said.

“In one of his interviews with the police, the accused explained how he went out that evening hunting for prey, and that Seneng was his prey,” Reading said.

Jutting cut her throat that night.

When police arrived after Jutting called them, they discovered her body in a pool of blood in the living room, said Reading.

Police officer Hong Kin-yip said Seneng was face down in the living room, naked and had cuts to her neck and buttocks.

Ningsih’s body was found hours later in a suitcase on the balcony.

“Obviously bad stuff has happened,” Jutting said in the recording.

A source on the case told The Sun said: “This is a particularly horrific crime and the jury will have to have strong stomachs. Some of the evidence is truly appalling and will shock those involved.

”At least one died very quickly thankfully (?) but the other poor girl was still alive despite terrible injuries, although she died eventually.”

Following extensive psychiatric tests, he was deemed mentally fit to stand trial last year.”  (Of course.  These people are sub-human.  They don’t work as hard as he did to get where he was.  They exist for him to use.  He is Smarter than they are.  He is the Master and they the Slave.  They should be thankful.)

…  He didn’t wait until he had enough power to do it to an entire country, and get away with it.

There nothing to see here.

There is nothing new about this mindset or this type of behavior.

When one wonders why the term ‘Socialism’, in all of its variations, is used to mean ‘Bad’… this is why.  Elitists find Socialism, and all of its variants, appealing exactly because is requires force over others.  When one loses the respect of the Individual above all else, it becomes easy to behave in ways that fall within the spectrum of appalling.  If a meritocracy exists, we should ask “What do we find worth merit?”

I guess we should be thankful Rurik only made it this far.

 

Rurik Jutting murder trial told he filmed himself torturing sex worker for THREE days then made her lick the toilet before sawing through her neck

I Find Your Lack of Intelligence… Disturbing.

My Apologies to Lord Vader..

How is it that those who practise genuine Free-Market Capitalism, in its purest form, can’t understand why Socialists Hate them?

Which brings us to a Flurry of Uber Arrests in Hong Kong.

I happen to have an answer…

Those practising Free-Market Capitalism, in its purest form, are a bunch of Democrat Socialist Tools.

This is the only explanation for the surprise experienced when Chinese Authorities Arrested Uber Drivers and those coordinating the Company’s efforts in Hong Kong.

For me this is a glaringly hilarious illustration of the ignorance of those who ‘Identify’ as Way Smart, Totally Cool, Progressives simply doing what any One World Collectivist Hipster would do, Download an app and make money Driving people around…. then be amazed that Big Labor Unions, Democrat Politicians and the Communist Chinese Government doesn’t go for it.

The fact they fail to understand what has happened is rich irony indeed.

If you’re reading this and I’ve made you angry, please think super hard as to why.

But don’t bother telling me about it.

I don’t care.

Because no matter what you say… it will remain funny.

Edward Snowden is So Stupid…

How Stupid is he?

He’s so Stupid he can’t even make his flight on time.

Yep… this Drop Out, Flunky Fool who is probably too Ignorant to tie his shoes missed his scheduled, well publicized, flight from Moscow to Cuba.

What a Maroon!

Clearly this guy is an Idiot. A Fool. A Moron.

The best part is he was identified as such in High School…

by none other than our Security Services.

And, because he was so Dumb, they hired him.

That’s right. This Insolent Child… for lack of a better description… was such a Clown that he was singled out to work for the Government when most of us were worried about having enough intelligence to pass our driving test.

So it stands to reason he would do something as ridiculous as miss his flight.

It could not be, in the mind of any serious person, that he might know a bit about proxy chains and mis-direction. Basic fieldcraft would be beyond such a Buffoon. Particularly one that is So Dumb he was recruited in his teens to work at places mere mortals dare not tread.

This also sheds light on such emotional theatrics associated with his hysterical claim someone might want him dead.

How insane!

This Swivel-eyed Loon should be left to his own paranoid fantasy world.

He might just drive his car too fast and have a mechanical problem resulting in it bursting into flames.

How exactly can this Ignoramus be such a danger to the U.S. Domestic Spying Agencies?  Why on Earth would this Bozo think a Government who see’s no limit to their power, so long as no one knows what they are doing, would want to kill him?  What kind of Ego must it take to come to such a conclusion?  What a Dim Wit.

Strange that none of us are buying this.

This guys is not a hero… but, to his credit, it doesn’t appear he is a traitor either.  (Yet… we’re watching.)

Shedding light upon the U.S. Government Spying on American Citizens who have committed no crime simply does not qualify as treason.  At least not to the American People.

Apparently I’m a Traitor…

Because I do not subscribe to the idea that the NSA, FBI, IRS or anyone else should be watching my every move and archiving all my actions.

This is the new approach for week three of the discovery that they are Spying on the American Population.

It is the old “Guilt by Association” technique.

Here’s how it goes… send out members of both parties in addition to “respected” advisors to express in no uncertain terms that Edward Snowden is a Traitor. Sorry… IS A TRAITOR!

The practical effect of this is anyone who thinks he did the right thing, as I do, must also be a traitor. Dang… sorry again… A TRAITOR!

OK. Where do I start?

Let’s start with Snowden.

I’ve made it clear that I am ambivalent regarding Snowden save his doing what should have been done by hundreds of others associated with the process of Domestic Spying. I doubt very seriously should Snowden and I find ourselves sitting across from each other having tea that we would have much in common. I also suspect that our greatest commonality, should there be one, is how much we do not agree on.

Now let’s talk about the idea that having all of your e-mail read, phone calls listened to, purchases tracked and movements recorded is a “good thing”.

I don’t think so.

Call me old fashioned… but I’ve watched the Lifetime Channel and have learned that Stalking is Bad.

I don’t like knowing private companies do it to me.

I REALLY don’t like the idea that a Government has been doing it to me. It is why I have not, nor will ever, elect to move to China… or Russia… or any other Honestly Socialist Country.

I am truly blessed to have been born here.  I would like to be able to pass that blessing on to all who seek it… forever.

So the idea that we should accept this “balance” between our freedom and security, to me at least, is ridiculous. The very premise is inane… to me. (I keep having to reiterate “to me” because apparently it is a wonderful idea to those in charge of things, as well as a bevy of useful idiots. One can only guess why those in charge of things would be so excited to possess such a library of information with the protection of law to use it anyway they wish.  Hmmm…)

It is, and has always been, my assertion that your Freedom And Liberty is directly correlated to your ability to live your life anonymously.

And, the only way to assure you remain Free… is to make sure the only power we give those who we’ve given the ability to apply Force, the Government, never establish such a Library. (Let alone legitimize it’s use of such information in a way which targets innocent citizens of our once great country. I say “once great” because it is an indictment of where we are that we are even having this discussion.)

When everybody agrees on something… such as the Patriot Act… you should be very afraid.

They’re out agreeing now on Snowden.

I might recommend following a more appropriate course by staying quiet.

But clearly there are powers behind the scene who are very concerned by the direction the American Mind is headed in terms of not warming up to the concept that 18-year old’s at the IRS can know everything about you with a few key strokes. They are worried that we don’t quite like the idea that our spy’s are spending time spying on us… not just the bad guys.

According to the latest crop of “authorities” jumping in front of camera’s, we must get our minds right.

Unless we ARE the bad guys?

Well, this is what they are implying… and if they expect my support, ever again, they better cut this crap out.

Every day I look with greater anticipation at the Primaries.

NSA has been hacking Chinese Computers for Years!

Well, I would hope so.

This will reside in the “So What?” category.  Who exactly was this message meant for, Chinese nationals in the Occupy Movement?

PRISM leaker and former NSA contractor Edward Snowden “revealed” this surprising bit of information today.

With STUNNING revelations such as these, the percentages are moving in favor of my Counter-Intel Op guess… sorry… theory.

The establishment is working diligently to undermine the believability associated with Snowden.  Now he seems to be working on doing the same thing.

So far, what secrets has he revealed?

Wait!  Wait!  Wait!

I have one!

The Chinese have been hacking U.S. Computers for Years!

No Way!  That’s unbelievable! Right?

Or… How about this one:

A lot of people look at porn on their computers!  And… And… And, they have done it FOR YEARS!

Holy Cow!  Who Knew?

It’s so ridiculous that this hacking revelation was offered up as a story it hurts my head.

I EXPECT the NSA to do, or try really, really hard darn it, to do exactly that.

I DO NOT EXPECT the NSA to collect American Citizens phone, e-mail, soon.. medical records, and place them in permanent storage for future reference.

Do we think the Chinese are stupid enough to want this guy now?

Do we think they are as imbecilic as the Iranians were when we sent them the stealth drone and they plugged it into their computer systems?

As far as Snowden is concerned… I’m done with him.  He served his purpose in disclosing the NSA’s improper, unconstitutional, and hopefully illegal behavior.

If he disappears I’m not sure that I will care very much.

Frankly, if he wants to make a point then come back to the U.S. and enjoy three squares a day while awaiting trial.  I might take his side… I might not.