Montgomery, Alabama, USA. Thanks for stopping by!
So, we rise from the rubble...
Friday, July 2, 2021
"Anyway..."
“Bad things don’t happen to people because they deserve for them to happen. It just doesn’t work that way. It’s just… life. And no matter who we are, we have to take the hand we’re dealt, crappy though it may be, and try our very best to move forward anyway, to love anyway, to have hope anyway… to have faith that there’s a purpose to the journey we’re on.”
- Mia Sheridan
"Economic Market Snapshot PM 7/2/21"
"Economic Market Snapshot PM 7/2/21"
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"Capitalism is the astounding belief that the most wickedest of men will
do the most wickedest of things for the greatest good of everyone."
- John Maynard Keynes
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"Down the rabbit hole of psychopathic greed and insanity...
Only the consequences are real - to you!
Your guide:
Gregory Mannarino, PM 7/2/21:
"Hyper-Inflating Debts And Deficits -
The FED Will Do The Opposite Of What They Are Saying!"
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"The more I see of the monied classes,
the better I understand the guillotine."
- George Bernard Shaw
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MarketWatch Market Summary, Live Updates
CNN Market Data:
CNN Fear And Greed Index:
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A comprehensive, essential daily read.
July 2nd to 6th, Updated Daily
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Financial Stress Index
"The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average. The OFR FSI incorporates five categories of indicators: credit, equity valuation, funding, safe assets and volatility. The FSI shows stress contributions by three regions: United States, other advanced economies, and emerging markets."
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Daily Job Cuts
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Commentary, highly recommended:
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And now, the End Game...
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Oh yeah...
"More Than 72 Million Americans Are Living Paycheck To Paycheck"
"More Than 72 Million Americans Are
Living Paycheck To Paycheck"
by Tyler Durden
"Imagine you lost your job tomorrow. How long would you be able to sustain your current lifestyle? A week? A month? A year? As we await Friday's labor market update, Finder has just published the results of a recent survey attempting to gauge the financial stability of the average American in the post-pandemic era.
More than 2K adults to were interviewed to try and ascertain how long they could survive without income. It turns out that approximately 72.4MM employed Americans - 28.4% of the population - believe they wouldn't be able to last for more than a month without a payday.
Another 24% said they expected to be able to live comfortably between two months and six months. That means an estimated 133.6MM working Americans (52.3% of the population) can live off their savings for six months or less before going broke.
On the other end of the spectrum, roughly 8.7MM employed Americans (or 3.4% of the population) say they don't need to rely on a rainy day fund since they have employment insurance which will compensate them should they lose their job.
Amusingly, men appear to be less effective savers than women. Some 32.4MM women (26.7% of American women) say their savings would stretch at most a month, compared to 40MM men (29.9% of American men) who admit to the same. Of those people, 9.7MM women (8% of American women) say their savings wouldn’t even stretch a week, compared to 15.5MM men (11.6% of American men) who admit to the same.
A majority of employed Americans over the age of 18 say their savings would last six months at most. About 70.7MM men (52.8% of American men) and 62.8MM women (51.8% of American women) fear they'd be in dire straits within six months of losing their livelihood.
Unsurprisingly, younger people tend to have less of a savings buffer - but the gap between the generations isn't as wide as it probably should be. While increasing one's income is perhaps the best route to building a more robust nest egg, Finder offered some suggestions for people looking to maximize their savings.
1. Create a budget and stick to it: Look at your monthly income against all of your monthly expenses. Add to them expenses you pay once or twice a year to avoid a surprise when they creep up. After you know where your money is going, you can allot specific amounts to different categories and effectively track your spending.
2. Start an emergency fund: The goal is getting to a point where you’ve saved enough money to cover expenses for a month, and then six months and then ultimately a safer nine months. Consider setting up automatic deposits from your checking into savings for a set-it-and-forget-it nest egg.
3. Put money where it’s difficult to access: To reduce the temptation of tapping into your savings, consider tucking away your automatic deposits into an online bank account or somewhere other than your main bank. Look for an account without a debit card for insurance against easy indulging.
4. Pay off or consolidate your debts: Use any leftover cash from your budget to chip away at your debts. Many people claim success with the snowball, avalanche and other methods of paying down debt. Compare 0% APR balance transfer credit cards or debt consolidation loans to save on interest and simplify your bills.
5. Take up a side hustle: You may be able to turn extra time into extra money by:
• Driving for Uber or Lyft
• Putting your skills towards freelancing
• Selling your stuff online
• Doing odd jobs
• Renting out your apartment on AirBnb
• Participating in paid surveys
6. Invest in your future: If the company you work for offers a 401(k) or investment alternative, sign up for the opportunity to passively save for retirement - especially if there’s a company match. Start small with 4% and increase your contribution with future salary increases.
7. Shop around for stronger deals: Compare cheap car insurance rates to see if you’re paying too much in monthly premiums. See if you can keep your grocery budget under a set amount by sticking to buying what’s on sale. If you get creative, you may find you’re squirreling away enough extra cash to get ahead of the paycheck-to-paycheck cycle.
8. Teach your kids strong financial literacy: Start early by teaching your children healthy financial habits to set them up for success, helping them avoid the paycheck-to-paycheck cycle altogether. There are plenty of debit cards for kids designed to teach them finances, and some are even free."
Greg Hunter, "Weekly News Wrap-Up 7/2/21"
"Weekly News Wrap-Up 7/2/21:
Delta Biden, VAERS Lie People Die, Spending $1 Trillion a Night"
By Greg Hunter’s USAWatchdog.com
"Vice President Biden’s Administration is using the so-called “Delta variant” of CV19 to get even more people to get jabbed with the experimental gene therapy that they are calling a vaccine. No talk of half of Americans already having natural immunity. This is according to Johns Hopkins MD Marty Makary. Why the push for more vaccines when 160 million or so Americans already have natural immunity? Why force or scare people to get an experimental vaccine when there are so many reports of death and injury from them? This is not about medicine folks!
I have always said the death and adverse reaction numbers to the CV19 vaccines have to be extremely inaccurately low. The CDC, NIH and Dr. Fauci have lied about everything. According to a report done by Harvard Health Care back in 2011, the reporting for Vaccine Adverse Event Reporting System (VAERS) is notoriously low. The report says less than 1% of adverse vaccine reactions are reported. So, does this mean the 6,000 people that VAERS says died as a result of the CV19 vaccine is really more like 600,0000 deaths?? The numbers are way off, and this Harvard study backs that idea up.
This past week, the Fed spent nearly $1 trillion in one night in the reverse repo market. The Fed does not want rates to fall below zero, and on the other end, it is spending $120 billion a month (at least) not allowing rates to rise too much in the repo market. Got that? Just know something is very wrong at the Fed when they have to spend $1 trillion in a single night. There is no fix that is going to happen. They are just going to keep it going until it blows sky high. Cut back on risk is my best advice."
Join Greg Hunter on Rumble as he talks about these
stories and more in the Weekly News Wrap-Up 7/2/21.
Gregory Mannarino, AM 7/2/21: "Alert! Eyes On The Yield Curve As The FED Continues To Buy It All"
Gregory Mannarino, AM 7/2/21:
"Alert! Eyes On The Yield Curve As
The FED Continues To Buy It All"
"Stumbling Toward Reality"
"Stumbling Toward Reality"
by Jim Kunstler
"Dr. Anthony Fauci, who answers to the title “The Science” in certain circles, said this week that there are going to be two Americas, the vaxed and the unvaxed. Earth to Fr. Fauci: we are already two Americas: the reality-onboard and the reality-optional.
One reality is that vaccines developed at “warp speed” appear to have gnarly side-effects that can outweigh the risk of the disease they’re engineered to protect against. Another reality is that the Delta variant of SARS-Covid-19 is more contagious, but also weaker, less likely to result in hospitalization among the unvaxed. Yet another reality is that the Delta variant also infects the fully-vaccinated. Oh, what to do?
Consider not allowing yourself to be jerked around by US health officials who have trouble keeping their story straight, for instance, Dr. Anthony Fauci (a.k.a. The Science) who, records show, apparently assisted the bio-warfare division of China’s People’s Liberation Army (PLA) at the Wuhan lab in the development of a world-beating, gain-of-function bat virus - which, halfway through year-two of its run, seems to be following the usual trajectory of viral epidemics by growing weaker before it disappears altogether. And then we’ll see what happens longer-term among the vaxed, who were subjected to flurries of toxic spike proteins.
It’s the opinion of some - though not myself - that the Covid-19 episode was unleashed upon the world to allow “the elite” to execute a “controlled demolition of the global economy” so as quash climate change (by reducing carbon emissions), and therefore ensure a brighter future for said elite, while cruelly throwing the rest of the world’s population overboard. Oh, I dunno…. Klaus Schwab and his minions of The Great Reset seem more like hapless control freaks than persons actually able to control anything, least of all the whole world. Dr. Fauci’s role looks like a species of generic egomania with a top hat of greed (considering his financial interests in vaccines). The reality is that the global economy, such as it’s a high-tech industrial economy, is shooting its own wad very nicely without a whole lot of assistance from alleged nefarious parties.
Meantime, the Fourth of July is upon us and the nation is not quite half-vaxed-up, and yet we are about to celebrate the meaning of Independence Day, which is freedom from getting jerked around by tyrants. The idea! And so, you see, the USA also seems to be divided between those who take liberty and its associated values to heart, and those who seek to coerce, dominate, censor, cancel, and punish those who show signs of wishing to enjoy liberty in the pursuit of happiness.
Since the mythic figure known as “Trump” appears to represent the group that favors liberty, it has been necessary for the latter group of Woke tyrants to find some way to punish him. And so, after much sedulous digging and rooting through every record vaulted in the earth’s mantle, the Manhattan district attorney’s office, conducting an investigation alongside the New York attorney general, has lodged a 15-count indictment against the Trump organization and its CFO, a Mr. Allen Weisselberg, for a conspiracy to commit criminal tax fraud, falsifying business records, and omitting to pay taxes on employees “indirect compensation” (i.e., fringe benefits) amounting to $1.7-million over 15 years.
Cue Dr. Evil… with pinky finger inserted in corner of mouth. One-point-seven million!!! Over 15 years… equals about $113,000 a year! The New York state tax upon which might be in the neighborhood of $10,000! (That is, on the fringe benefits of company cars, parking spaces, and college tuition for company employees.) Now, there is a powerful case for malfeasance! Do you know what $1.7-million will get you: I’ll tell you: the raised ranch house that my parents bought in the Long Island suburbs for about 20-K in 1954. (Note, rather severely updated since then.) Just sayin….
Notice that the complaint against the Trump Org was not brought by the state tax authorities. Why not? Perhaps because it is beneath the dignity of even calling it a Mickey Mouse case. Instead, this is the sum total of what Democratic Party Lawfare ferrets could dig up in five years, including two years and $33-million spent by Robert Mueller’s investigators, plus the extra exertions of the DOJ’s Southern District federal attorneys. Well, done, Lawfare warriors! It will be fun to watch the prosecution of this case, if it isn’t peremptorily laughed out court. It was especially rich to see the way The New York Times played the story in Friday’s morning edition - a giant banner headline, taken down, by the way, sometime after 9:00a.m. EDT, but we screen-capped it just prior:
Finally, in this trifecta of clanging unrealities, Democratic Party efforts to promote endless, widespread election fraud were dealt a knockdown blow Thursday in the US Supreme Court’s decision upholding a new Arizona election reform law that prohibits “ballot harvesting” and voting out of one’s own election district. The SCOTUS decision kind of moots the DOJ’s more recent hustle to undermine Georgia’s new election reform law, which includes similar prohibitions against ballot shenanigans. In short, states now can take reasonable steps to ensure fair elections - a hard concept to grasp, I’m sure, but there it is. Now let’s see how many states seek to unravel previous election shenanigans, for instance what went down on November 3 2020. Happy July Fourth everyone. Don’t hurt anyone… or yourselves!"
Gerald Celente, "The Trends Journal": "Markets Hit All Time HIgh, Will Covid War 2.0 Kill It?"
Gerald Celente, "The Trends Journal" PM 7/1/21:
"Markets Hit All Time HIgh, Will Covid War 2.0 Kill It?"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over hype and propaganda to help subscribers prepare for What’s Next in the increasingly turbulent times ahead."
Thursday, July 1, 2021
Musical Interlude: Ludovico Einaudi, “In A Time Lapse”
Full screen recommended.
Ludovico Einaudi, “In A Time Lapse”
“In A Time Lapse's” Track List:
02:25 - Walk
05:43 - Discovery At Night
09:51 - Two Trees
16:18 - Life
20:40 - Brothers
24:43 - Orbits
28:05 - Corale Solo
31:01 - Waterways
35:56 - Ronald's Dream
39:41 - Bever
45:33 - Newton´s Cradle
50:35 - Time Lapse
56:08 - Circles
58:19 - Experience
1:03:04 - Underwood
1:06:44 - Burning
"A Look to the Heavens"
“This wide, sharp telescopic view reveals galaxies scattered beyond the stars and faint dust nebulae of the Milky Way at the northern boundary of the high-flying constellation Pegasus. Prominent at the upper right is NGC 7331.
A mere 50 million light-years away, the large spiral is one of the brighter galaxies not included in Charles Messier's famous 18th century catalog. The disturbed looking group of galaxies at the lower left is well-known as Stephan's Quintet. About 300 million light-years distant, the quintet dramatically illustrates a multiple galaxy collision, its powerful, ongoing interactions posed for a brief cosmic snapshot. On the sky, the quintet and NGC 7331 are separated by about half a degree.”
"14 Astonishing Facts About The Blistering Heatwave That Is Absolutely Frying The Northwest Right Now"
Full screen recommended.
"14 Astonishing Facts About The Blistering Heatwave
That Is Absolutely Frying The Northwest Right Now"
by Epic Economist
"There are so many absurdities happening right now that is getting hard to know which one is actually the worst. The United States is being plagued by so many crises and disasters that it almost feels like we have been cursed. And the extreme weather conditions we have been witnessing are just way far from "normal". For years, experts have been telling us that global weather patterns were starting to spiral out of control, but it seems like no one has listened to their warnings. However, nobody can deny right now that what we are experiencing is absolutely unprecedented. Most parts of the Northwest are being slammed by a “heat dome,” something just as crazy and scary as the catastrophes we see in apocalyptic movies.
Even though the U.S. went through other severe heatwaves, nothing compares to what is going on over the past few weeks. In the past, when the weather has gotten unexpectedly hot, one or two cities might have set new high temperature records during a given date, but this week we are seeing cities break their all-time records for hottest temperature ever recorded every day. At this point, all we can hope for is that this situation doesn't become the "new normal".
This phenomenon is reaching unimaginable proportions and we are just at the beginning of the summer. Over the past few years, we have been witnessing extraordinarily freezing temperatures during the winter, ravaging storms, floods, and also exceptionally high temperatures during the summer, catastrophic droughts, and water crises as well as multiple natural disasters all over the world. As opposed to what our leaders ingenuously believe, simply "changing our approach to the environment" won't solve crises like these. At this stage, those small "green initiatives" won't do much to contain nature's rage.
According to climate experts, the heatwave that is now completely baking the U.S. Pacific Northwest and British Columbia, Canada, has an intensity that was never recorded by modern humans. Data recently released suggest that "it is more rare than a once in a 1,000-year event," meaning that if you could be alive for 1,000 years and you happened to be at this particular spot, you'd probably only experience a heat dome like this once in your lifetime, if ever. The brutal heat is a result of a combination of an atmospheric blocking pattern in addition to a human-caused climate-changed planet, where standard temperatures are already much higher than nature intended. The current heatwave comes just after another historic one that happened less than two weeks ago in the U.S. Intermountain West, Desert Southwest, and California, which also set hundreds of new record highs.
We have been destroying entire ecosystems for decades, and now the whole planet is dramatically and irreversibly changing. These extreme weather conditions will persist throughout the rest of the season, and we will probably have new record-highs by then. Another worrying aspect of this crisis is how hot temperatures can affect people's mental health. Here, in the U.S. hot weather usually means a great level of social unrest and turbulence in our cities' streets, and since our society was already melting down all around us way before all of this happened, bizarre weather is definitely not going to help matters. In fact, those who are still believing that this situation is going to be miraculously turned around are just in a deep state of blissful denial. That’s why today, we brought you 14 truly astonishing facts about the blistering heatwave that is absolutely frying the Northwest over the past weeks."
"In The Presence of Difficulty, Compassion"
"In The Presence of Difficulty, Compassion"
by Madisyn Taylor, The DailyOM
"True compassion recognizes that all the boundaries we perceive between ourselves and others are an illusion. Compassion is the ability to see the deep connectedness between ourselves and others. Moreover, true compassion recognizes that all the boundaries we perceive between ourselves and others are an illusion. When we first begin to practice compassion, this very deep level of understanding may elude us, but we can have faith that if we start where we are, we will eventually feel our way toward it. We move closer to it every time we see past our own self-concern to accommodate concern for others. And, as with any skill, our compassion grows most in the presence of difficulty.
We practice small acts of compassion every day, when our loved ones are short-tempered or another driver cuts us off in traffic. We extend our forgiveness by trying to understand their point of view; we know how it is to feel stressed out or irritable. The practice of compassion becomes more difficult when we find ourselves unable to understand the actions of the person who offends us. These are the situations that ask us to look more deeply into ourselves, into parts of our psyches that we may want to deny, parts that we have repressed because society has labeled them bad or wrong. For example, acts of violence are often well beyond anything we ourselves have perpetuated, so when we are on the receiving end of such acts, we are often at a loss. This is where the real potential for growth begins, because we are called to shine a light inside ourselves and take responsibility for what we have disowned. It is at this juncture that we have the opportunity to transform from within!
This can seem like a very tall order, but when life presents us with circumstances that require our compassion, no matter how difficult, we can trust that we are ready. We can call upon all the light we have cultivated so far, allowing it to lead the way into the darkest parts of our own hearts, connecting us to the hearts of others in the understanding that is true compassion."
"FED Kills Economy To Save Wall St; Hollywood Has Fallen; Businesses Decimated; Doom and Gloom Reality"
Full screen recommended.
Jeremiah Babe, PM 7/1/21:
"FED Kills Economy To Save Wall St; Hollywood Has Fallen;
Businesses Decimated; Doom and Gloom Reality"
Kahlil Gibran, "The Madman"
"The Madman"
"It was in the garden of a madhouse that I met a youth with a face pale and lovely and full of wonder. And I sat beside him upon the bench, and I said, “Why are you here?” And he looked at me in astonishment, and he said, “It is an unseemly question, yet I will answer you. My father would make of me a reproduction of himself; so also would my uncle. My mother would have me the image of her seafaring husband as the perfect example for me to follow. My brother thinks I should be like him, a fine athlete. And my teachers also, the doctor of philosophy, and the music-master, and the logician, they too were determined, and each would have me but a reflection of his own face in a mirror. Therefore I came to this place. I find it more sane here. At least, I can be myself.” Then of a sudden he turned to me and he said, “But tell me, were you also driven to this place by education and good counsel?”
And I answered, “No, I am a visitor.”And he answered, “Oh, you are one of those who live in the madhouse on the other side of the wall...”
- Kahlil Gibran
The Poet: Langston Hughes, “Life is Fine”
“Life is Fine”
"I went down to the river,
I set down on the bank.
I tried to think but couldn't,
So I jumped in and sank.
I came up once and hollered!
I came up twice and cried!
If that water hadn't a-been so cold
I might've sunk and died.
But it was Cold in that water! It was cold!
I took the elevator
Sixteen floors above the ground.
I thought about my baby
And thought I would jump down.
I stood there and I hollered!
I stood there and I cried!
If it hadn't a-been so high
I might've jumped and died.
But it was High up there! It was high!
So since I'm still here livin',
I guess I will live on.
I could've died for love -
But for livin' I was born.
Though you may hear me holler,
And you may see me cry -
I'll be dogged, sweet baby,
If you gonna see me die.
Life is fine! Fine as wine! Life is fine!"
- Langston Hughes
Must Watch! "All the Stimulus Programs Ending in July, with Jeremiah Babe"
Full screen recommended.
Dan, IAllegedly, PM 7/1/21:
"All the Stimulus Programs Ending in July, with Jeremiah Babe"
"Jeremiah Babe joins me to cover all the different stimulus programs that are ending in the month of July. You need to get ready for rent moratorium, forbearance, unemployment and getting prepared with savings and security."
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Related:
Gregory Mannarino, AM/PM 7/1/21
Gregory Mannarino, AM 7/1/21:
"ALERT! We Are In A Full Blown Inflationary Crisis;
Crude Oil Now OVER $75 A Barrel"
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Gregory Mannarino, PM 7/1/21:
"Wall St. Now Betting The Fed.
Will INCREASE Asset Purchases! Not Taper"
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