Update and Some Such
1/023/08 - 4th Day - After Breakfast. All is well here on the ranch. It's been a bit cool and damp, though we haven't received any rain to speak of. We need it, though. The prognosticators are calling for "ice pellets" later in the week. Should be in the high 60's in Waco for most of the days of my woodworking class though, which will be nice.
We have been working on some projects around the land and I have been doing "computer stuff" for the last couple of days. I brought my old desktop computer from Lubbock, and I am trying to move all of my old work (sermons, audio sermons, etc.) off of that hard drive into more "permanent" storage. I also hope that this will allow us to complete the missing parts of the Isaiah series, and to post some other older sermons that might not have ever been made available. Stay tuned for that.
I see by peeking that the market opened down another 200 pts. Here is my latest commentary on what that means:
One of the ploys in this system is to make the words "stock market" and "economy" synonymous, although they are not. The stock market is SUPPOSED to reflect the economy, but it does not. Therefore if the stock market can be manipulated, then people can believe the economy is strong because the stock market does well. Yesterday, the market was set to open down close to 5% or more, but the manipulators wanted to make sure that didn't happen. Is that because the manipulators are concerned with the price of stock for just 30 industrial companies (the Dow)? Absolutely not. Nobody believes that. It is because they have built a system where the average guy believes that the Dow Jones Industrial Average IS the economy. The fact is that this economy has been built on smoke and mirrors for a century, and even the easily manipulatable parts are starting to come apart at the hinges.
Think about it. Last week, the manipulators decided that by announcing a "stimulus package", that the market would turn around. It didn't. Surprised? These people think that by just announcing that you might give some people $800 a year from now that the stock market will correct and all will be well! Notice, they didn't GIVE everyone $800. Even that would have been a joke. They just ANNOUNCED that they MIGHT give SOME people $800 in a year. They really thought that that would be a "stimulus"! So yesterday, they announced that they were going to let BANKS charge 3/4 of a percentage point less TO EACH OTHER. Wow! Thanks Government! And, after the stock market rebounded from - 469 to - 129 it was announced that the ploy had worked. In addition, the gov't encouraged stock companies (like A.G. Edwards, etc.) to send "experts" to all of the local radio and tv stations to "explain" why the government had acted, and how it was going to help. Thanks again government.
In the meantime, people continue to debt-spend themselves into oblivion, all for junk and JIT (Just In Time) materials and services. None of it for anything that is real or that will help them if and when disaster strikes. Oil prices hover near their all-time high, during a time when they should be at their lowest point of the year. Gas will likely very soon be more expensive than people can afford. The "stimulus" and the rate drop will only make each dollar that you own more worthless than it was the day before. Infused cash just devalues the dollar more and more. So you are poorer today (in cash terms) than you were yesterday, and tomorrow you will be poorer than you were today. All of this is prophesied in the Bible. Like in Robinson Crusoe, money will be as worthless as dust, but things of real value will become priceless.
Meanwhile, we are becoming cow/goat/chicken/rabbit wealthy, and the folks here are becoming more and more independent of the system.
"Somebody told us that Wall Street fell, but we were so poor that we couldn't tell"
Michael
We have been working on some projects around the land and I have been doing "computer stuff" for the last couple of days. I brought my old desktop computer from Lubbock, and I am trying to move all of my old work (sermons, audio sermons, etc.) off of that hard drive into more "permanent" storage. I also hope that this will allow us to complete the missing parts of the Isaiah series, and to post some other older sermons that might not have ever been made available. Stay tuned for that.
I see by peeking that the market opened down another 200 pts. Here is my latest commentary on what that means:
One of the ploys in this system is to make the words "stock market" and "economy" synonymous, although they are not. The stock market is SUPPOSED to reflect the economy, but it does not. Therefore if the stock market can be manipulated, then people can believe the economy is strong because the stock market does well. Yesterday, the market was set to open down close to 5% or more, but the manipulators wanted to make sure that didn't happen. Is that because the manipulators are concerned with the price of stock for just 30 industrial companies (the Dow)? Absolutely not. Nobody believes that. It is because they have built a system where the average guy believes that the Dow Jones Industrial Average IS the economy. The fact is that this economy has been built on smoke and mirrors for a century, and even the easily manipulatable parts are starting to come apart at the hinges.
Think about it. Last week, the manipulators decided that by announcing a "stimulus package", that the market would turn around. It didn't. Surprised? These people think that by just announcing that you might give some people $800 a year from now that the stock market will correct and all will be well! Notice, they didn't GIVE everyone $800. Even that would have been a joke. They just ANNOUNCED that they MIGHT give SOME people $800 in a year. They really thought that that would be a "stimulus"! So yesterday, they announced that they were going to let BANKS charge 3/4 of a percentage point less TO EACH OTHER. Wow! Thanks Government! And, after the stock market rebounded from - 469 to - 129 it was announced that the ploy had worked. In addition, the gov't encouraged stock companies (like A.G. Edwards, etc.) to send "experts" to all of the local radio and tv stations to "explain" why the government had acted, and how it was going to help. Thanks again government.
In the meantime, people continue to debt-spend themselves into oblivion, all for junk and JIT (Just In Time) materials and services. None of it for anything that is real or that will help them if and when disaster strikes. Oil prices hover near their all-time high, during a time when they should be at their lowest point of the year. Gas will likely very soon be more expensive than people can afford. The "stimulus" and the rate drop will only make each dollar that you own more worthless than it was the day before. Infused cash just devalues the dollar more and more. So you are poorer today (in cash terms) than you were yesterday, and tomorrow you will be poorer than you were today. All of this is prophesied in the Bible. Like in Robinson Crusoe, money will be as worthless as dust, but things of real value will become priceless.
Meanwhile, we are becoming cow/goat/chicken/rabbit wealthy, and the folks here are becoming more and more independent of the system.
"Somebody told us that Wall Street fell, but we were so poor that we couldn't tell"
Michael
posted by Michael Bunker at 1/23/2008 06:38:00 AM
1 Comments:
"I am trying to move all of my old work (sermons, audio sermons, etc.) off of that hard drive into more "permanent" storage. I also hope that this will allow us to complete the missing parts of the Isaiah series, and to post some other older sermons that might not have ever been made available. Stay tuned for that."
That would be very cool!
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