My one question about this lead article is just one. "What will be the triggering event?" Because from where I stand, it seems like this Fed policy of Free Money for the Rich Bankers could go on literally till the cows come home. In short this strange conduct of the Federal Reserve Banks appears entirely sustainable, just as surely as buying elections by the Koch Brothers and Sheldon Addelson appears entirely sustainable. It almost seems as if "They have everything covered" with no loose ends. After all of the people who are victims of government's policies ever rise and protest in the streets, they'd just be mowed down by tanks and guns - - so, what would be the point?
Anyone who looks at central bankers speak can sense the fear behind their absurd bravado, and the dishonesty of their public confidence.
The extraordinary disconnect between soaring stock markets and stagnating real economies has been gleefully embraced by all who benefit from the disconnect:
The financial media, brokerages, investment banks, politicos who have made stocks the barometer of “prosperity” and of course the top 5% who own roughly 3/4 of the financial assets of the nation.
Even more extraordinary is the rise in central bank fear that has unleashed extremes of monetary policy. If the real economy is as great as advertised, then why are central banks dropping monetary neutron bombs on a nearly weekly basis?
What are they so afraid of? And if they’re not afraid of something, then why are they constantly hyping their threadbare commitment to “do whatever it takes,” pushing real interest rates into negative territory and buying stocks and bonds hand over fist?
I’ve prepared a chart depicting central bank fear, the stock market and the real economy. As central bank fear/panic pushes higher, the banks have unleashed a torrent of PR and monetary programs that have dragged stocks higher with every phony pronouncement and every new free money for financiers chumming of the stock market.
No wonder the feeding frenzy never stops–the central banks are clearly terrified of what will happen should they stop dumping monetary chum in the waters.
We're not showing you the actual Chart but take my word, you're not missing much.
What is equally extraordinary is the abject failure of all the central banks’ free money for financiers to move the needle of the real economy. Virtually every bright spot in the economy results not from organic growth but from the expansion of a new credit bubble: for example, subprime auto loans.
After tens of trillions of dollars in stimulus and trillions squandered on asset purchases to suppress interest rates and prop up the stock market, the real economies are drifting into recession or stagnation.
The central bank response to this abject failure? More free money for financiers. A dark thought just occurred to me. God lets poor people starve but trusts the Church in Rome with "all his worldly goods". That's an unsettling thought, isn't it?
Anyone who looks at central bankers speak can sense the fear behind their absurd bravado, and the dishonesty of their public confidence. They’re not just afraid–they’re in a panic. Every press conference and every announcement is supposed to express confidence, but what they really express is terror: terror that doing more of what failed spectacularly will not just stop working–it will trigger the collapse of the entire rotten, corrupt system of central banks and free money for financiers.
And now for what paultry news there is. Mal Evans is not his own man these days, as communacations minister of the Federation. I have deduced this point on my own by the way he's been acting lately. But here is some news to celebrate the day that "Jesus alias Judas" was really crucified. The Federation will be
doing a re-rerelease of two Beatle albums.
Tomorrow, November 24th is the release date. IF YOU REMEMBER we listed two suggested Vinyl versions of the way "Mystery Tour' and "Pepper" SHOULD have been released AT THE TIME. Strangely four songs ended up getting the axe entirely in this little opperation. Now CD versions of these two albums will be out. Let's take "Magical Mystery Tour" first. Side one is identical. In terms of Side two - - - we are adding one track and changing one track. That is DIFFERING FROM the version we listed a few months back. "All You Need Is Love" is tacked on the end of this album (really?) after the track, "It's All Too Much" just as it follows that song on "Yellow Submarine". Also "Strawberry Fields" is changed after extensive coonsultation between me and Mal Evans and John Lennon. By the way Mal Evans had an avatar today - - which is strange conduct for him. It's very rare to have Mal Evans and John Lennon in the same room. Unlike our vinyl version of this track "SFFE" - - we are reverting "mostly" to the original release. Except for the end. You know the final refrain of "Strawberry Fields Forever" and then there is a slight pause and there is that famous lead guitar riff leading into the funeral dirge. That part is gone. Instead the ending of "Version Seven" is tacked on the end. John Lennon explains that "The original ending needs to be heard", and now it will be, i e the end of "version seven". So MMT will be a little longer with one additional track, and "Strawberry Fields" also having an increased playing time. We now move to "Pepper". Here we will just list our strange Side Two of that album. As you know the ORDER OF SONGS on this album was Scrambled by us with the vinyl re-release. Now we're adding three tracks. Follow the sequence. Side Two in our strange world begins with - - - - "Good Morning", then "Penny Lane" in this case the version on the American Rareties version. Mal and I agreed on this choice. Then it's "When I'm 64", "Lovely Rita", "Within You and Without You" - - - - "Baby, You're a Rich Man" Sgt Peppers Represe - - and "A Day in the Life" from a dead start. Keep in mind the final two bars of the represe are faded COMPLETELY out - - at the request of John Lennon saying "That's where the song ends". Here is our other brief news. Did we ever tell you that the entities that
produced Dire Straits’ first two albums were call the “Alleans”. They are an entity that resides in large part
on the southeast shore of Lake Erie in eastern Ohio and western
Pennsylvania. There is "some big midwestern city" they are also in - - and I'm guessing that is Pittsburgh, though it could be Youngstown. Did I tell you that FH
knew about the Alleans - - and there is also a colony of them “somewhere in
Seattle” at least as of over sixty years ago.







