investmentwatchblog--2020-11-05--Brandon Smith: It’s Clear Where This Is All Headed

Just as I successfully predicted the outcome of the 2016 election months in advance , my predictions on the 2020 election are now coming to pass .
In July of this year in my article ‘ Election 2020 : The Worst Case Scenario Is The Most Likely One ’ , after I outlined the strange factors surrounding Biden and Trump , I stated that : “ These factors and more lead me to predict that Election 2020 will be a contested election which ends with Trump staying in office but accused of usurping the democratic process .
This outcome is @ @ @ @ @ @ @ most advantageous for the globalist establishment.
” I also noted the predictive programming campaign by the media and members of the Council On Foreign Relations like Max Boot to acclimated the public to the idea of a contested election while also “ wargaming ” ( planning ) that exact outcome .
I stated : “ …Boot is back again , this time writing about how he thinks Donald Trump will try to “ hijack ” the presidency in 2020 .
In an article for the Washington post titled ‘ What If Trump Loses @ @ @ @ @ @ @ outlines a scenario that was “ war gamed ” by a group called the Transition Integrity Project .
The group played out a scenario in which there is a razor thin victory for Joe Biden , followed by actions by Trump to keep control of the presidency through lies and legal wrangling .
The group also predicted civil unrest leading to potential “ civil war ” as the fight over the White House expands .
This article is , I believe , an attempt at predictive programming by the establishment .
They are @ @ @ @ @ @ @ happen .
A contested election , civil war , martial law , economic collapse and the US will be destroyed from within.
” The bizarre behavior of vote counters in swing states , including PA where they stopped the count altogether overnight , indicates a program to incite national tensions and rage .
The media refusing to call certain states for Trump even though he held clear leads while rushing to call states for Biden even though the count was far from unfinished will only exacerbate people ’ s suspicions that the election @ @ @ @ @ @ @ has said he will take the results to the Supreme Court and there is no doubt that recounts will be held in states like Michigan and Arizona .
I continue to predict that Trump will stay in office despite the close election .
I also predict that numerous fake ballots will be discovered during recounts only throwing gasoline on the fire and implicating Democrats in certain districts with fraud .
Social justice leftists will surely try to riot in response , and Trump will call for martial law if the current scenario plays @ @ @ @ @ @ @ will NOT accept the results of a Supreme Court decision in favor of Trump .
Conservatives WILL NOT accept a Biden presidency .
I think it ’ s clear where this is all headed…

Authored by Brandon Smith via Alt-Market.us,
Just as I successfully predicted the outcome of the 2016 election months in advance, my predictions on the 2020 election are now coming to pass. In July of this year in my article ‘Election 2020: The Worst Case Scenario Is The Most Likely One’, after I outlined the strange factors surrounding Biden and Trump, I stated that:
“These factors and more lead me to predict that Election 2020 will be a contested election which ends with Trump staying in office but accused of usurping the democratic process. This outcome is the worst possible outcome and also the most advantageous for the globalist establishment.”
I also noted the predictive programming campaign by the media and members of the Council On Foreign Relations like Max Boot to acclimated the public to the idea of a contested election while also “wargaming” (planning) that exact outcome. I stated:
“…Boot is back again, this time writing about how he thinks Donald Trump will try to “hijack” the presidency in 2020. In an article for the Washington post titled ‘What If Trump Loses But Insists He Won’, Boot outlines a scenario that was “war gamed” by a group called the Transition Integrity Project. The group played out a scenario in which there is a razor thin victory for Joe Biden, followed by actions by Trump to keep control of the presidency through lies and legal wrangling. The group also predicted civil unrest leading to potential “civil war” as the fight over the White House expands. This article is, I believe, an attempt at predictive programming by the establishment. They are TELLING US exactly what is about to happen. A contested election, civil war, martial law, economic collapse and the US will be destroyed from within.”
The bizarre behavior of vote counters in swing states, including PA where they stopped the count altogether overnight, indicates a program to incite national tensions and rage. The media refusing to call certain states for Trump even though he held clear leads while rushing to call states for Biden even though the count was far from unfinished will only exacerbate people’s suspicions that the election is being rigged or stolen.
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Trump has said he will take the results to the Supreme Court and there is no doubt that recounts will be held in states like Michigan and Arizona. I continue to predict that Trump will stay in office despite the close election. I also predict that numerous fake ballots will be discovered during recounts only throwing gasoline on the fire and implicating Democrats in certain districts with fraud. Social justice leftists will surely try to riot in response, and Trump will call for martial law if the current scenario plays out as I expect.
The leftists will NOT accept the results of a Supreme Court decision in favor of Trump. Conservatives WILL NOT accept a Biden presidency.
I think it’s clear where this is all headed…


investmentwatchblog--2020-11-05--Get Ready for a Post-Election ‘Fed Wave’ of Inflation

As accusations of voting irregularities mount , President Donald Trump ’ s legal team is descending on Pennsylvania and Georgia as well as multiple battleground states that have been called by media outlets for Joe Biden .
It will be an uphill battle for Trump to get to 270 electoral votes .
As of this writing on Thursday morning , the final outcome of the presidential election remains uncertain .
One thing that is now certain : Voters denied Democrats the “ blue wave ” many pollsters and pundits had been forecasting .
Instead of a Biden landslide , a @ @ @ @ @ @ @ expanded House majority , Democrats will instead have to share power with Republicans .
The promise of divided government – one way or the other – caused stock market investors to breathe a sigh of relief .
Wall Street rallied yesterday as a post-election “ fear trade ” into precious metals failed to materialize – although metals are up sharply today .
The political scenario where Democrats would gain the power to ram through massive tax hikes , crush the fossil fuel industry , socialize healthcare , pack the courts , and impose @ @ @ @ @ @ @ off the table – at least for now .
Republicans are on track to retain a small majority in the Senate and , surprisingly to many political observers , pick up some seats in the House .
If Republicans stand their ground , then they can block the most far-left legislation , though they won ’ t have the numbers to do much else .
The prospect of continued gridlock in Washington raises other risks for the economy and for markets that investors may be overlooking .
If Congress , the Senate , @ @ @ @ @ @ @ to terms on another fiscal stimulus package , then the burden will fall squarely on the shoulders of the Federal Reserve to ramp up new monetary stimulus schemes .
When all else fails , the politicians ’ work-around to gridlock and dysfunction in on Capitol Hill is to outsource its policy objectives to the Fed .
Since the coronavirus pandemic hit , Fed officials have pumped trillions of dollars into financial markets and provided lending backstops for corporations .
Fed Chairman Jerome Powell is now being urged to create a financing vehicle for @ @ @ @ @ @ @ been pleading with politicians to do stimulus in the conventional manner – commit to spending trillions of dollars into the economy , borrow those trillions into existence , then sell piles of new debt to the central bank to complete the circle .
Had Democrats gained complete control over the legislative and executive branches , they would surely have obliged .
They would have also pursued aggressive tax hikes on what they define as “ the rich ” to try to raise revenues in the conventional way .
Wall Street seems to believe @ @ @ @ @ @ @ from any major tax hikes over the next couple years .
Perhaps .
But it won ’ t be spared from exponentially growing government debt or the Federal Reserve ’ s exploding balance sheet – after all , that happened under Trump this year in a big way .
The Fed ’ s Takeover in Washington Is Nearly Complete A “ Fed wave ” is building – bigger and more unstoppable than any political campaign .
Its full consequences for markets and the economy are difficult to project .
But by its own @ @ @ @ @ @ @ currency printing and depreciation will bring with it higher rates of price inflation .
Investors who are banking on a low-inflation economic recovery during the next administration are loading up on stocks .
Those who are more skeptical about the ability of central planners to sustain a bull market built on artificial stimulus are diversifying into alternatives .
In particular , commodities and precious metals represent real value in an environment where valuations on paper assets are artificially stretched at best – completely disconnected from reality at worst .
Of course , the @ @ @ @ @ @ @ the markets .
And if the market fails to show a post-election or contested outcome trend toward safe-haven buying of gold and silver , then precious metals bulls will have to await another potential catalyst for higher prices .
Long-term holders of gold and silver can be confident that over time their ounces of hard money will gain value versus depreciating U.S. Federal Reserve notes .
A wave of Fed-induced inflation is coming .
The only question is how big it will be .

by: Stefan Gleason
As accusations of voting irregularities mount, President Donald Trump’s legal team is descending on Pennsylvania and Georgia as well as multiple battleground states that have been called by media outlets for Joe Biden.
It will be an uphill battle for Trump to get to 270 electoral votes. As of this writing on Thursday morning, the final outcome of the presidential election remains uncertain.
One thing that is now certain: Voters denied Democrats the “blue wave” many pollsters and pundits had been forecasting.
Instead of a Biden landslide, a takeover of the Senate, and an expanded House majority, Democrats will instead have to share power with Republicans. The promise of divided government – one way or the other – caused stock market investors to breathe a sigh of relief.
Wall Street rallied yesterday as a post-election “fear trade” into precious metals failed to materialize – although metals are up sharply today.
The political scenario where Democrats would gain the power to ram through massive tax hikes, crush the fossil fuel industry, socialize healthcare, pack the courts, and impose a nationwide virus lockdown appears to be off the table – at least for now.
Republicans are on track to retain a small majority in the Senate and, surprisingly to many political observers, pick up some seats in the House.
If Republicans stand their ground, then they can block the most far-left legislation, though they won’t have the numbers to do much else.
Central Bank Activism Is the Politicians’ Work-Around
The prospect of continued gridlock in Washington raises other risks for the economy and for markets that investors may be overlooking.
If Congress, the Senate, and the President can’t come to terms on another fiscal stimulus package, then the burden will fall squarely on the shoulders of the Federal Reserve to ramp up new monetary stimulus schemes.
When all else fails, the politicians’ work-around to gridlock and dysfunction in on Capitol Hill is to outsource its policy objectives to the Fed.
Since the coronavirus pandemic hit, Fed officials have pumped trillions of dollars into financial markets and provided lending backstops for corporations.
We are primarily funded by readers. Please subscribe and donate to support us!
Fed Chairman Jerome Powell is now being urged to create a financing vehicle for state and local governments.
Powell has been pleading with politicians to do stimulus in the conventional manner – commit to spending trillions of dollars into the economy, borrow those trillions into existence, then sell piles of new debt to the central bank to complete the circle.
Had Democrats gained complete control over the legislative and executive branches, they would surely have obliged. They would have also pursued aggressive tax hikes on what they define as “the rich” to try to raise revenues in the conventional way.
Wall Street seems to believe that the economy will now be spared from any major tax hikes over the next couple years. Perhaps.
But it won’t be spared from exponentially growing government debt or the Federal Reserve’s exploding balance sheet – after all, that happened under Trump this year in a big way.
The Fed’s Takeover in Washington Is Nearly Complete
A “Fed wave” is building – bigger and more unstoppable than any political campaign. Its full consequences for markets and the economy are difficult to project. But by its own stated objectives, the wave of Fed currency printing and depreciation will bring with it higher rates of price inflation.
Investors who are banking on a low-inflation economic recovery during the next administration are loading up on stocks.
Those who are more skeptical about the ability of central planners to sustain a bull market built on artificial stimulus are diversifying into alternatives.
In particular, commodities and precious metals represent real value in an environment where valuations on paper assets are artificially stretched at best – completely disconnected from reality at worst.
Of course, the only vote that counts in investing is the markets. And if the market fails to show a post-election or contested outcome trend toward safe-haven buying of gold and silver, then precious metals bulls will have to await another potential catalyst for higher prices.
Long-term holders of gold and silver can be confident that over time their ounces of hard money will gain value versus depreciating U.S. Federal Reserve notes.
A wave of Fed-induced inflation is coming. The only question is how big it will be.


investmentwatchblog--2020-11-05--Biden’s Screwed: No Matter the Election Outcome Things are About to Get Worse for Sleepy Joe

If the vote counting ever ends , and Joe Biden wins , he ’ ll face a Republican-controlled Senate , @ @ @ @ @ caucus in the House .
Any dreams related to court packing , fracking , or @ @ @ @ @ on Mitch McConnell ’ s doorstep .
But it President Trump wins reelection , he @ @ @ @ @ powerful tailwind .

Bill Whittle, Released on 11/4/20
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If the vote counting ever ends, and Joe Biden wins, he’ll face a Republican-controlled Senate, and a stronger G.O.P. caucus in the House. Any dreams related to court packing, fracking, or new green deals will die on Mitch McConnell’s doorstep. But it President Trump wins reelection, he’ll pick up a powerful tailwind.


investmentwatchblog--2020-11-05--TRAP SET: Dept of Homeland Security controlled “official ballots” production. Dems print extras, not

TRAP SET: Dept of Homeland Security controlled “official ballots” production. Dems print extras, not knowing about non-radioactive isotope watermarks on “official ballots”.

ALERT : We are trying to verify this story… Dems print extras , not knowing about non-radioactive isotope watermarks on “ official ballots ” .
After weeding out all counterfeit ballots , Trump landslide confirmed .
ALEX PADILLA Į SECRETARY OF STATE I STATE OF CALIFORNIA OFFICE OF VOTING SYSTEMS TECHNOLOGY ASSESSMENT 1900 Stret | Saramemto , CA sBa Tel ga6 .
653 7244 | Pa ge6 ao | www.soag August 5 , 2020 County Clert/Registrar of Voters ( CCROV ) Memorandum # 20167 TO : AI County Clerks/Rogistrars of Volers AW Susan Lapsiay Deputy Secretary of State , HAVA @ @ @ @ @ @ @ Election : Ballot Tint and Watemmark Assignment Pursuant to Elections Code section 13002 and the Califomia Code of Regulatons , Title 2. section 20215 , 20218 , and 2020. the Secretary of State ’ s office has selected a design and color combinalion lor use in the November 3 , 2020 , General Election .
The watormark for the November 3 , 2020 , General Election , is the CA Poppy .
The tint for the beckground and wetermerk is Rod PMS 192 .
The watormark and int must appear on the balot @ @ @ @ @ @ @ .
Please note that for color-on-color combinations , the tint value for the background should produce a light tint .
The watermark should be cearty visible and distinct from the beckground .
The screen parcentagen for the watermark should be such hat the outine is derker han the background and the interior area of tho watermark is lighter than the beckground .
* you have any questions or need additional tint and wetermarks for local elections , please feel free to contact the Office of Voting Systems Technology ASSOUNTent ( OVSTA ) staff @ @ @ @ @ @ @ 695-1680 .
Each ballot has a bar code that tells the machine exactly what kind of ballot it is — there can be thousands of varieties in a single election — and then determines from a database of voter registration records which person on the list should receive that particular ballot .
Standing near the printer are stacks of massive rolls of white paper that will eventually become ballots for millions of American voters .
On this day , the company is producing mailings for Iowa , Nevada , Arizona and Georgia The @ @ @ @ @ @ @ also the individual printers of the ballots have the same micro dot signature so fraudulent ballots will be easy to detect and investigate .
All printers have a micro dot signature that is like a fingerprint for that specific printer .
Every ballot , real or fake , can be traced back to the source .
This could get very interesting…

ALERT: We are trying to verify this story…
Consider: Dept of Homeland Security controlled “official ballots” production.
Dems print extras, not knowing about non-radioactive isotope watermarks on “official ballots”.
Military sting operation.
After weeding out all counterfeit ballots, Trump landslide confirmed.
ALEX PADILLA Į SECRETARY OF STATE I STATE OF CALIFORNIA
OFFICE OF VOTING SYSTEMS TECHNOLOGY ASSESSMENT
1900 Stret | Saramemto, CA sBa Tel ga6. 653 7244 | Pa ge6 ao | www.soag
August 5, 2020
County Clert/Registrar of Voters (CCROV) Memorandum #20167
TO:
AI County Clerks/Rogistrars of Volers
AW Susan Lapsiay
Deputy Secretary of State, HAVA and Counsel
FROM:
RE:
General Election: Ballot Tint and Watemmark Assignment
Pursuant to Elections Code section 13002 and the Califomia Code of Regulatons, Title
2. section 20215, 20218, and 2020. the Secretary of State’s office has selected a
design and color combinalion lor use in the November 3, 2020, General Election.
The watormark for the November 3, 2020, General Election, is the CA Poppy. The tint
for the beckground and wetermerk is Rod PMS 192.
The watormark and int must appear on the balot itselt, not anly on the stub.
Please note that for color-on-color combinations, the tint value for the background
should produce a light tint. The watermark should be cearty visible and distinct from
the beckground. The screen parcentagen for the watermark should be such hat the
outine is derker han the background and the interior area of tho watermark is lighter
than the beckground.
* you have any questions or need additional tint and wetermarks for local elections,
please feel free to contact the Office of Voting Systems Technology ASSOUNTent
(OVSTA) staff at votingsystemssos.ca gov or (916) 695-1680.
California Secretary of State Alex Padilla
Article 9
www.sos.ca.gov/administration/regulations/current-regulations/elections/ballot-printing#article9
Trap set
Trump sets trap to expose it all…
www.ustream.tv/embed/recorded/128444241
Ballot marking has been planned since 2018!💥 KA-BOOOOM!💥 DHS chief calls on officials in all 50 states to have 'verifiable' ballots by 2020 election that are able to be audited. t.co/omDaCMSwB1 — ✨LadyQanuck 🇨🇦✨ (@LadyQanuck) November 5, 2020
Ballot Printers Increase Capacity To Prepare For Mail Voting Surge
Each ballot has a bar code that tells the machine exactly what kind of ballot it is — there can be thousands of varieties in a single election — and then determines from a database of voter registration records which person on the list should receive that particular ballot.
We are primarily funded by readers. Please subscribe and donate to support us!
Standing near the printer are stacks of massive rolls of white paper that will eventually become ballots for millions of American voters. On this day, the company is producing mailings for Iowa, Nevada, Arizona and Georgia
www.npr.org/2020/05/03/848347895/ballot-printers-increase-capacity-to-prepare-for-mail-voting-surge
The watermark is detectable under 640nm wavelength and also the individual printers of the ballots have the same micro dot signature so fraudulent ballots will be easy to detect and investigate. All printers have a micro dot signature that is like a fingerprint for that specific printer. Every ballot, real or fake, can be traced back to the source. This could get very interesting…
ibb.co/QfBwRjF
Machine Identification Code (MIC) aka micro dots:
en.wikipedia.org/wiki/Machine_Identification_Code
.@DHS_Wolf lays out what the federal govt has done to secure #ElectionDay: "We began laying the groundwork to secure this year’s election long ago by engaging in an unprecedented level of effort across the U.S. government with our state, local, and private sector partners." pic.twitter.com/812JdcbO3J — Homeland Security (@DHSgov) November 3, 2020
Do all legal ballots have a watermark? pic.twitter.com/jTtVzYyGiQ — The Burning Platform (@burningplat) November 6, 2020
DR. STEVE PIECZENIK REVEALS ELECTION STING OPERATION
www.bitchute.com/video/QYuZQluMx8ME/
H.R.3359 – Cybersecurity and Infrastructure Security Agency Act of 2018
www.congress.gov/bill/115th-congress/house-bill/3359
The threshold identification of Ballots is turning out to be even bigger than originally anticipated. A very large number of Ballots are impacted. Stay tuned! — Donald J. Trump (@realDonaldTrump) November 9, 2020
h/t QuantumLove


investmentwatchblog--2020-11-05--The Media is So Corrupt a Used Car Salesman Looks Far More Honest

Proof that the media has become so corrupt is that Nigel Farage has formed a new party , the Reform @ @ @ @ @ save Britain .
Mainstream media is refusing to cover anything because it is anti-lockdown .
@ @ @ @ @ against humanity , for they are refusing to tell the truth .
In the process @ @ @ @ @ overthrow of democracy and the installation of a totalitarian state .

by Martin Armstrong
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Proof that the media has become so corrupt is that Nigel Farage has formed a new party, the Reform Party, to try to save Britain. Mainstream media is refusing to cover anything because it is anti-lockdown. These journalists are committing crimes against humanity, for they are refusing to tell the truth. In the process, they are advocating the overthrow of democracy and the installation of a totalitarian state.


investmentwatchblog--2020-11-05--Good Thing! Challenger Job Cuts Drop From 185.9% YoY In September To 60.4% YoY In October (Initial J

Good Thing! Challenger Job Cuts Drop From 185.9% YoY In September To 60.4% YoY In October (Initial Jobless Claims Remain The Same, Bitcoin and Gold Up)

Good Thing !
Challenger US Job Cut Announcements Year Over Year Percent Change fell from 185.9 % in September to @ @ @ @ @ However , unit labor costs ( a favorite measure of The Fed ) fell from @ @ @ @ @ .
Both Gold and Bitcoin are up this morning .
And the Dow Mini is @ @ @ @ @ to opening .
This may be the most misleading ad campaign of all time .

by confoundedinterest17
Good Thing! Challenger US Job Cut Announcements Year Over Year Percent Change fell from 185.9% in September to 60.4% in October.
However, unit labor costs (a favorite measure of The Fed) fell from +9.0% to -8.9%.
Both Gold and Bitcoin are up this morning.
We are primarily funded by readers. Please subscribe and donate to support us!
And the Dow Mini is up over 300 points prior to opening.
Markets drive me crazy.
This may be the most misleading ad campaign of all time.


investmentwatchblog--2020-11-05--Here’s a real WHOPPER scenario I bet nobody thought could happen

Biden wins Nevada and gets 270 electoral votes .
Trump wins the rest of the states outstanding and ends with @ @ @ @ @ on Dec 14th one Democrat elector is faithless and votes for Trump .
The electoral @ @ @ @ @ 269 .
But the constitution has an answer .
The house picks the president but @ @ @ @ @ vote .
Right now Republicans control 26 delegations but it would be the next congress @ @ @ @ @ theory Democrats could have the majority of state delegations and pick Biden to be president @ @ @ @ @ charged with picking the vice president ( each senator gets 1 vote ) and the @ @ @ @ @ Vice President .
We could in theory end up with Biden as president and Trump @ @ @ @

So here’s a real scenario.
Biden wins Nevada and gets 270 electoral votes. Trump wins the rest of the states outstanding and ends with 268 electoral votes. Then on Dec 14th one Democrat elector is faithless and votes for Trump. The electoral votes end at 269 to 269.
But the constitution has an answer. The house picks the president but each state only gets 1 vote. Right now Republicans control 26 delegations but it would be the next congress that would decide so in theory Democrats could have the majority of state delegations and pick Biden to be president. Then the senate is charged with picking the vice president (each senator gets 1 vote) and the Republicans pick Trump to be Vice President.
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We could in theory end up with Biden as president and Trump as vice president.
It’s the rules man. Don’t shoot the messenger
h/t QuantumLove


investmentwatchblog--2020-11-05--What are the economic policies of Joe Biden?

We find ourselves in unusual but not completely unfamiliar territory as the US election has yet to declare a result.As we stand Joe Biden looks most likely to win although any such win seems set to go straight to the courts .
But we need to address what changes he plans for US economic policy ?
The first step according to Moodys will be more fiscal expansionism .
Moodys have taken the current zeitgeist in favour of fiscal policy and projected this impact from it .
Of course the “ stronger economy ” mentioned is an opinion and we have @ @ @ @ @ @ @ shift in the establishment view on fiscal policy .
A decade ago the views was that a contractionary fiscal policy could expand the economy whereas now we are told an expansionary one will .
There has been a shift in the cost of borrowing which I will look at in more detail later , but even so there has been more than a little flip-flopping .
Interestingly the fiscal expansionism comes with tax increases for some .
So he is reversing half of the Trump tax cuts in this area .
Next comes @ @ @ @ @ @ @ theme is of taxing the rich and wealthy and which continues with what might in the past have been called a soak the rich plan .
Here we are looking at a Spend !
Spend !
Spend !
plan where the extra revenue above is spent and then some .
Those who bemoan America ’ s infrastructure should welcome this effort .
Education too will be a beneficiary .
I find the end to tuition fees for some to be intriguing as it is a reversal of the past direction of travel .
@ @ @ @ @ @ @ a couple of streams of thought here .
The first is that Federal Reserve Chair Jerome Powell has called for more fiscal expansionism .
Thus he would presumably be happy to run policies to help this .
He is already in the game .
Also he has the ability to respond should he wish without a grand announcement as these days smoothing market operations cover quite a few bases .
We can now take that forwards to the next perspective because the market seems to have come to its own conclusion.In the past @ @ @ @ @ @ @ bond yields higher but in fact the US bond market has risen and yields fallen.I established a marker on the day of the election and the ten-year Treasury Note yield was 0.87 % but as I type this it is 0.73 % The caveat to today ’ s post is that is by no means certain that Joe Biden will win and even if he does he seems likely to face a Republican Senate .
But we do seem set for a more expansionary fiscal policy which would be oiled and polished by @ @ @ @ @ @ @ the news from the Bank of England earlier when it announced an expansion of £150 billion in its purchases of UK bonds as it too is an agent of fiscal policy these days .
Looking at the economic impact we see from Moodys that the multiplier is back.What I mean by that is fiscal spending is assumed to grow the economy which then helps to pay for it .
The catch is always when you do not seem much growth ( think Italy ) or if the economy contracts over a long period @ @ @ @ @ @ @ know that the US economy can grow and that it has been doing better than us in Europe in the credit crunch era but whether it will grow by enough is another matter .
With the rise in the Covid-19 cases though it may be a while before it gets the chance to demonstrate that and for such calculations when and how long matter .

by Shaun Richards
We find ourselves in unusual but not completely unfamiliar territory as the US election has yet to declare a result.As we stand Joe Biden looks most likely to win although any such win seems set to go straight to the courts. But we need to address what changes he plans for US economic policy? The first step according to Moodys will be more fiscal expansionism.
Vice President Biden has proposed a wide
range of changes to the tax code and government spending. In total, he is calling for $4.1
trillion in tax increases and an additional $7.3
trillion in government spending over the next
decade.
Moodys have taken the current zeitgeist in favour of fiscal policy and projected this impact from it.
The government’s deficits will be
$3.2 trillion larger on a static basis and $2.6
trillion on a dynamic basis, after accounting
for the benefits to the budget of the stronger
economy resulting from his policies.
Of course the “stronger economy” mentioned is an opinion and we have seen in my time here quite a shift in the establishment view on fiscal policy. A decade ago the views was that a contractionary fiscal policy could expand the economy whereas now we are told an expansionary one will. There has been a shift in the cost of borrowing which I will look at in more detail later, but even so there has been more than a little flip-flopping.
Detailed Proposals
Interestingly the fiscal expansionism comes with tax increases for some.
The largest source of new tax revenue in
the vice president’s plan comes from increasing taxes on corporations. Of the $4.1 trillion
in total tax revenue collected under his plan
over the next decade on a static basis, more
than half comes from higher corporate taxes.
The bulk of this results from an increase from
21% to 28% in the top marginal tax rate paid
by corporations.
So he is reversing half of the Trump tax cuts in this area. Next comes a tax on higher earners.
Another large source of new tax revenue in
Biden’s plan is the 12.6% Social Security payroll tax on annual earnings of more than $400,000.
The current earnings cap subject to the payroll tax is almost $138,000………..This change will put
the Social Security trust fund on much sounder
financial footing, and it will raise close to $1
trillion in revenue over the next decade on a
static basis, about one-third of the total tax
revenue raised under Biden’s plan
The theme is of taxing the rich and wealthy and which continues with what might in the past have been called a soak the rich plan.
The vice president would roll back
the tax cuts that those earning more than
$400,000 received under Trump’s TCJA, tax
capital gains and dividend income like ordinary
income for those making more than $1 million
in total income.
Spending
Here we are looking at a Spend! Spend! Spend! plan where the extra revenue above is spent and then some.
His proposal calls for additional spending of $7.9 trillion on a static basis, including on infrastructure, education, the social safety net, and healthcare, with the bulk of the
spending slated to happen during his term as
president in an effort to generate more jobs
Those who bemoan America’s infrastructure should welcome this effort.
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Of all of Biden’s spending initiatives, the
most expansive is on infrastructure. On a
static basis, he would increase such spending
by $2.4 trillion for the decade—all of it to
be spent during his term.
Education too will be a beneficiary.
Biden is also calling for a large increase in
an array of educational initiatives. He proposes
to spend $1.9 trillion over 10 years on a static
basis on pre-K, K-12 and higher education (see
Table 3). Attending a public college or university would be tuition-free for children in families with incomes of less than $125,000.
I find the end to tuition fees for some to be intriguing as it is a reversal of the past direction of travel. Also there is this.
The social safety net would meaningfully
expand under Biden (see Table 4). He would
spend an additional $1.5 trillion over 10 years
on a static basis on various social programs,
with the largest outlays going to workers to
receive paid family and medical leave for up
to 12 weeks…….
And healthcare.
The healthcare system would also receive
a significant infusion of funding under a
President Biden primarily via the Affordable
Care Act…….. The 10-year static budget cost of the
proposed changes to the healthcare system
comes to nearly $1.5 trillion.
US Federal Reserve
There are a couple of streams of thought here. The first is that Federal Reserve Chair Jerome Powell has called for more fiscal expansionism.
Federal Reserve Chairman Jerome Powell called Tuesday for continued aggressive fiscal and monetary stimulus for an economic recovery that he said still has “a long way to go.” Noting progress made in job creation, goods consumption and business formation, among other areas, Powell said that now would be the wrong time for policymakers to take their foot off the gas. ( CNBC on the 6th of October)
Thus he would presumably be happy to run policies to help this. He is already in the game.
At its September meeting, the FOMC directed the Desk to increase SOMA holdings of Treasury securities at the current pace, which is the equivalent of approximately $80 billion per month.
Also he has the ability to respond should he wish without a grand announcement as these days smoothing market operations cover quite a few bases.
The Desk is prepared to increase the size and adjust the composition of its purchase operations as needed to sustain the smooth functioning of the Treasury market.
We can now take that forwards to the next perspective because the market seems to have come to its own conclusion.In the past the bond vigilantes would have driven US bond yields higher but in fact the US bond market has risen and yields fallen.I established a marker on the day of the election and the ten-year Treasury Note yield was 0.87% but as I type this it is 0.73%
Comment
The caveat to today’s post is that is by no means certain that Joe Biden will win and even if he does he seems likely to face a Republican Senate. But we do seem set for a more expansionary fiscal policy which would be oiled and polished by the US Federal Reserve.That does link to the news from the Bank of England earlier when it announced an expansion of £150 billion in its purchases of UK bonds as it too is an agent of fiscal policy these days.
Looking at the economic impact we see from Moodys that the multiplier is back.What I mean by that is fiscal spending is assumed to grow the economy which then helps to pay for it. The catch is always when you do not seem much growth ( think Italy) or if the economy contracts over a long period ( think Greece). We do know that the US economy can grow and that it has been doing better than us in Europe in the credit crunch era but whether it will grow by enough is another matter. With the rise in the Covid-19 cases though it may be a while before it gets the chance to demonstrate that and for such calculations when and how long matter.


investmentwatchblog--2020-11-05--3 dead voters found – everyone should be working on this to find more

ANOTHER ANOTHER ONE : Apparently Donna Brydges ( born in 1901 ) voted via absentee ballot in Mason County , @ @ @ @ @ her 119 years old !
WOW : Photos from the Michigan voter database show numerous @ @ @ @ @ the birth year of 1/1/1900 .
That means they are all 120 years old !
@ @ @ @ @ should be grounds for a lawsuit !
@ realDonaldTrump @ DonaldJTrumpJr pic.twitter.com/ggm2IT3vQ0

ANOTHER ANOTHER ONE: Apparently Donna Brydges (born in 1901) voted via absentee ballot in Mason County, Michigan. That would make her 119 years old!
WOW: Photos from the Michigan voter database show numerous “voters” who have the birth year of 1/1/1900.
That means they are all 120 years old!
This is completely fraudulent and should be grounds for a lawsuit!@realDonaldTrump @DonaldJTrumpJr pic.twitter.com/ggm2IT3vQ0
— Mike Coudrey (@MichaelCoudrey) November 5, 2020


investmentwatchblog--2020-11-05--Social Media & Press are No Longer Trust Worthy

ANSWER : Absolutely not !
They admit they work with Facebook .
I do not think you can trust any fact-checking organization associated with any of the Social Media organizations .
The Pollsters have all been WRONG again claiming there would be a big Blue Sweep .
This election has proven beyond a question of doubt that everything that is precious to us being our liberty is under full-blown attack by all the mainstream media , social media , and the pollsters , along with the claimed fact-checkers .
That is also why you will NEVER read any piece in @ @ @ @ @ @ @ a computer that has beat the pollsters every time .
This election is under siege .
They are making a major effort to steal this election and turn the country into Communis , 3.0 precisely as the world leaders are doing in Australia , Britain , Germany , France , and Italy just to mention a few .
Not one American press organization will dare report on what Boris Johnson has done to Britain .
These people have shut down thanksgiving , robbed students of proms and graduations , and they will outlaw @ @ @

by Martin Armstrong
QUESTION: Marty, do you trust fact check?
We are primarily funded by readers. Please subscribe and donate to support us!
GK
ANSWER: Absolutely not! They admit they work with Facebook. I do not think you can trust any fact-checking organization associated with any of the Social Media organizations. The Pollsters have all been WRONG again claiming there would be a big Blue Sweep. This election has proven beyond a question of doubt that everything that is precious to us being our liberty is under full-blown attack by all the mainstream media, social media, and the pollsters, along with the claimed fact-checkers. That is also why you will NEVER read any piece in any major newspaper simply reporting there is a computer that has beat the pollsters every time. This election is under siege. They are making a major effort to steal this election and turn the country into Communis, 3.0 precisely as the world leaders are doing in Australia, Britain, Germany, France, and Italy just to mention a few. Not one American press organization will dare report on what Boris Johnson has done to Britain. These people have shut down thanksgiving, robbed students of proms and graduations, and they will outlaw Christmas next.


investmentwatchblog--2020-11-05--How to Be a Producer In a Nation of Consumers

by Daisy Luther of The Organic Prepper In this world , there are two kinds of people .
You can be a consumer or you can be a producer .
Neither one is inherently good or bad – these are just descriptive terms .
You can produce 100 % of your own food and have a terrible heart , one that rejoices in the misfortune of others .
You can never produce a single thing in your whole life and be kind and generous .
This article isn ’ t meant to demonize consumers or set producers up on a @ @ @ @ @ @ @ are a combination of each type .
But we should strive to tip the balance toward producing whenever possible because when bad things happen to an economy , when long-term disasters strike , and when everything changes , it is the producers who survive .
I talk about consumers and producers a lot , and recently a person in the comments asked me to clarify the concepts and share some ideas on how to become a producer .
So…here ’ s what it means to be a consumer or a producer .
Consumers @ @ @ @ @ @ @ people who consume .
They purchase things they did not make , eat things they did not cook , and use up resources without replacement .
The terrifying thing is that we have become a nation of consumers who produce hardly anything .
Even our workforce these days rarely produces .
The workforce cleans up after others , provides services , and spends their days in cubicles behind keyboards .
Most of them do not go home after a long day at work having created something of value .
They go home exhausted @ @ @ @ @ @ @ data , too tired to have a vegetable garden or perform productive tasks .
Many Americans have no productive skills because this is no longer a thing that is prized in our society .
Jobs in the trades sit empty .
Young people these days choose to go to college to learn about literature or social justice or the theories of business instead of becoming part of the skilled labor force .
Unfortunately , jobs matching these educational paths can be hardwon and many people with graduate-level degrees serve fast food to people @ @ @ @ @ @ @ or the inclination to cook .
Forbes says that 44 % of recent college graduates work in jobs that don ’ t require the degree they just got deeply in debt to obtain .
Producers are also just what they sound like : people who produce things .
A producer is a person who grows something , raises something , creates something , repairs something , builds something…you get the idea .
Producers may have jobs in the trades .
They may work in factories and machine shops .
They may work in @ @ @ @ @ @ @ medical field .
And not all producers have jobs that are productive .
But they ’ ll come home and produce something .
These are the people who have gardens , who homestead , who raise backyard chickens , who can knit a sweater , repair the plumbing , change their own oil , and cook from scratch .
Contrary to popular belief , a producer doesn ’ t have to live rurally and raise every bite of food their family eats .
It ’ s a mindset that no matter where they @ @ @ @ @ @ @ independent people .
Being a producer is about having skills that can be applied to your daily life .
It ’ s about not having to call someone to help every time something requires repair or mending .
It ’ s about being able to solve problems creatively and independently .
It ’ s about being able to meet needs without depending on others .
Unfortunately , we have become a nation of consumers .
It ’ s a very dangerous tipping point when you can look around and see that the majority @ @ @ @ @ @ @ produce nothing .
And it ’ s dangerous on a national level .
If most of our food comes from China ( whether to be grown or processed ) , what will we do if that food is no longer available ?
If most of our agricultural workers are here only seasonally , what happens if they can no longer come ?
If most of the items we work all day long to be able to afford to consume are made someplace else , what are we going to do if we ’ @ @ @ @ @ @ @ the world ?
Imagine the difference it would be if the only things that could be purchased had to be made from start to finish right here by people with the skills to do so .
And to narrow it even more , what if the items had to be produced locally , within 20 miles due to transport difficulties ?
If we could only consume what we produce here in the United States , we ’ d suddenly be looking at a terrible imbalance .
There would not be enough for everyone @ @ @ @ @ @ @ fuel .
Not enough heat .
Not enough clothing .
And all the electronics and gadgets and designer items and cheap sweatshop products people think they have to have would be no more – imagine the rude awakening .
We ’ re going to be finding out about this the hard way , as our supply chain continues to deteriorate as the economy continues to suffer , and as we receive fewer and fewer imports like the ones on this list that used to come regularly from China .
And to put a @ @ @ @ @ @ @ of people these days don ’ t even produce the money it takes to buy the things that others produce .
How can you become a producer in a nation of consumers ?
Becoming a producer is easier than you might think .
You don ’ t have to suddenly grow all your own vegetables and raise meat chickens on the patio of your townhouse to do it .
A lot of this is in your head .
Before you go to purchase something , think about it .
Is it something you @ @ @ @ @ @ @ that will enhance your ability to produce ?
Or is it just a frivolous consumer item that will add no value to your life after the first couple of days ?
Don ’ t get me wrong , it ’ s fine to buy frivolous things from time to time , but it shouldn ’ t be the majority of your purchases .
You must switch your mindset from buying to creating .
From replacing to repairing .
From shopping for entertainment to actually learning to enjoy life for entertainment .
Unplug from @ @ @ @ @ @ @ in the real world and do the things that others have done for you in the past .
It will save you money , too .
Another thing about producing instead of consuming is that it ’ s going to save you a lot of money .
For all things , you will spend either time or you will spend money .
Think about the dinner that you put on your table .
• Will you spend time or money to produce the ingredients ?
• Will you spend time or money to @ @ @ @ @ @ @ a meal ?
• Will you spend time or money to serve the food and clean up afterward ?
You see ?
You have three opportunities there for production .
Maybe you can grow the greens for the salad if not all the ingredients for the meal .
Maybe you can cook it from scratch instead of using things put together in a box .
Maybe you can eat at home instead of going to a restaurant .
If you are spending your money to acquire something , you are paying for someone @ @ @ @ @ @ @ no real shortcuts in this world .
Someone , somewhere , spent the time to grow , assemble , and/or prepare that food you ’ re eating .
15 Ways to Produce the Things That Most People Consume Below you ’ ll find a list of ways to produce .
The list , of course , is not comprehensive .
It ’ s merely a collection of ideas to get you started on your path to tipping the balance in your favor .
And don ’ t think you have to do all @ @ @ @ @ @ @ you accomplish from this list can help you to proclaim , “ I am a producer !
” • Make cleaning products .
You don ’ t have to go buy outrageously expensive all-natural cleaning products when you can make your own out of simple , household basics .
( Instructions here . )
• Grow food .
It doesn ’ t have to be a huge garden .
It can be tomatoes in the summer and microgreens or herbs in the windowsill in the winter .
Here ’ s a huge self-reliance @ @ @ @ @ @ @ articles and books for doing just this .
• Sprout seeds .
It ’ s a great way to add extra nutrients to your meals and so easy anyone can do it .
( This website has everything you need to know about sprouting . )
• Unclog your sink .
You don ’ t have to call a plumber for every little clog .
Learn to unclog sinks with homemade drain cleaner and if that doesn ’ t work , try a plunger or a wire hanger snake .
Last ditch , @ @ @ @ @ @ @ is far easier than you might expect .
• Learn some car maintenance .
I ’ m not saying you have to be able to replace a cracked cylinder head , but you should at least be able to replace your spark plugs .
It ’ s literally as easy as changing a light bulb , although today ’ s electronics on some newer cars can make things a bit more complicated .
• Use natural remedies .
Now , I ’ m not one of those people who think you should never @ @ @ @ @ @ @ take medication – but there are many things you can treat at home with simple kitchen remedies .
Illnesses like colds and cases of flu can be treated naturally , and so can ailments like vomiting and diarrhea .
Here ’ s a must-have book loaded with remedies .
• Brew your own .
You can get started brewing your own beer and wine at all sorts of facilities where they sell you the bottles and the ingredients .
The staff will walk you through it and show you exactly what to do @ @ @ @ @ @ @ , you may be ready for home brewing .
Or skip all the instructions , grab a book , and DIY it from start to finish .
Here are books on making beer , making wine , and making old-fashioned mead .
• Learn to mend .
Some basic sewing skills are really useful , not so you can make all your own clothes Little House on the Prairie style , but so you can mend and rework items you already own .
Learn how to patch a hole , mend a seam @ @ @ @ @ @ @ you ’ ve mastered these , you can move on to darning socks , fixing rips using basic stitches , and doing basic alterations on things that don ’ t fit .
• Cook from scratch .
Just like in the example above , if you don ’ t spend your own time , you ’ re paying for someone else ’ s time .
Learning to cook from scratch is really easy and you don ’ t have to create souffles and other fancy dishes .
Start out simple with methods like @ @ @ @ @ @ @ increase your skills from there .
Here ’ s an article on The Lost Art of Scratch Cooking to get you started .
• Make your own bath products .
From scrubs to moisturizing lotions right down to homemade soap , learning to create these at home gives you a lot of freedom .
First of all , you know exactly what ’ s in them – no toxic ingredients allowed .
You can adjust the fragrance to your liking with essential oils and you can learn skills that will be very valuable @ @ @ @ @ @ @ you can no longer buy soap at the store .
• Learn to preserve food .
Break out the dehydrator and the canners and put back the foods you get on sale .
Preserve the bounty in the summer and make delicious meals to last the whole year through .
Here ’ s my own guide to canning and here ’ s one I recommend for dehydrating .
• Raise chickens .
If your city allows it and if you have a backyard , you may be able to have a few chickens @ @ @ @ @ @ @ and they can provide you with breakfast on a regular basis .
They ’ re also a very efficient way to get rid of food that would normally be thrown away – all your fruit and vegetable scraps can go right to the girls .
Here ’ s a primer on raising baby chicks and a guide to backyard chickens in the city .
• Hunt or forage .
Any food that you can acquire can boost your productivity without spending a lot of money .
Learning skills like hunting and foraging can @ @ @ @ @ @ @ Recognizing things as edible that most folks would pass on by was literally the difference between life and death during Selco ’ s SHTF .
Look for local books on foraging – the broader books are not as useful , as there will be vegetation that doesn ’ t grow where you live .
To learn hunting skills , I find that the best way is to make friends with some people who already hunt and ask them to include you .
Don ’ t try to pretend you know it all – @ @ @ @ @ @ @ knowledge .
• Make things .
Learning to craft things like furniture , needlework , garden structures , and other useful household items can really help you to become a producer .
And the more you can upcycle from existing materials , the better off you ’ ll be .
• Repair things .
We live in a world of planned obsolescence .
So often , it is cheaper to replace things than to have them repaired…that is , unless you can repair it yourself .
Stock up a library of DIY repair @ @ @ @ @ @ @ , give fixing it a shot .
( Bonus points if you can repair something McGuyver-style by using the things you have on hand . )
Right now , producing things is optional .
We are spoiled for choice when we walk into a store .
But there could come a day when your ability to produce could save your life – or at the very least make it a lot more pleasant .
So what can you produce ?
When you look at the list above , what kinds of things do @ @ @ @ @ @ @ don ’ t need to jump in and learn every single thing at the same time – just pick one and make a promise to yourself that you will learn the necessary skills to produce instead of consume .
What are some things I missed in the list above ?
Please share your thoughts in the comments below .
Daisy Luther is a coffee-swigging , gun-toting blogger who writes about current events , preparedness , frugality , voluntaryism , and the pursuit of liberty on her website , The Organic Prepper .
She @ @ @ @ @ @ @ she curates all the most important news links on her aggregate site , PreppersDailyNews.com .
Daisy is the best-selling author of 4 books and lives in the mountains of Virginia with her two daughters and an ever-growing menagerie .
You can find her on Facebook , Pinterest , and Twitter .

by Daisy Luther of The Organic Prepper
In this world, there are two kinds of people. You can be a consumer or you can be a producer.
Neither one is inherently good or bad – these are just descriptive terms. You can produce 100% of your own food and have a terrible heart, one that rejoices in the misfortune of others. You can never produce a single thing in your whole life and be kind and generous. This article isn’t meant to demonize consumers or set producers up on a pedestal.
Really, most of us are a combination of each type. But we should strive to tip the balance toward producing whenever possible because when bad things happen to an economy, when long-term disasters strike, and when everything changes, it is the producers who survive.
I talk about consumers and producers a lot, and recently a person in the comments asked me to clarify the concepts and share some ideas on how to become a producer.
So…here’s what it means to be a consumer or a producer.
The Consumer
Consumers are just what they sound like – people who consume. They purchase things they did not make, eat things they did not cook, and use up resources without replacement.
The terrifying thing is that we have become a nation of consumers who produce hardly anything.
Even our workforce these days rarely produces. The workforce cleans up after others, provides services, and spends their days in cubicles behind keyboards. Most of them do not go home after a long day at work having created something of value. They go home exhausted after a day of wrangling people or data, too tired to have a vegetable garden or perform productive tasks.
Many Americans have no productive skills because this is no longer a thing that is prized in our society. Jobs in the trades sit empty. Young people these days choose to go to college to learn about literature or social justice or the theories of business instead of becoming part of the skilled labor force. Unfortunately, jobs matching these educational paths can be hardwon and many people with graduate-level degrees serve fast food to people who don’t have the time or the inclination to cook. Forbes says that 44% of recent college graduates work in jobs that don’t require the degree they just got deeply in debt to obtain.
The Producer
Producers are also just what they sound like: people who produce things. A producer is a person who grows something, raises something, creates something, repairs something, builds something…you get the idea.
Producers may have jobs in the trades. They may work in factories and machine shops. They may work in agriculture. They may work in the medical field. And not all producers have jobs that are productive. But they’ll come home and produce something.
These are the people who have gardens, who homestead, who raise backyard chickens, who can knit a sweater, repair the plumbing, change their own oil, and cook from scratch. Contrary to popular belief, a producer doesn’t have to live rurally and raise every bite of food their family eats. It’s a mindset that no matter where they are, they can be self-reliant and independent people.
Being a producer is about having skills that can be applied to your daily life. It’s about not having to call someone to help every time something requires repair or mending. It’s about being able to solve problems creatively and independently. It’s about being able to meet needs without depending on others.
Unfortunately, we have become a nation of consumers.
It’s a very dangerous tipping point when you can look around and see that the majority of people around you are consumers who produce nothing. And it’s dangerous on a national level.
If most of our food comes from China (whether to be grown or processed), what will we do if that food is no longer available?
If most of our agricultural workers are here only seasonally, what happens if they can no longer come?
If most of the items we work all day long to be able to afford to consume are made someplace else, what are we going to do if we’re suddenly isolated from the rest of the world?
We are primarily funded by readers. Please subscribe and donate to support us!
Imagine the difference it would be if the only things that could be purchased had to be made from start to finish right here by people with the skills to do so. And to narrow it even more, what if the items had to be produced locally, within 20 miles due to transport difficulties?
If we could only consume what we produce here in the United States, we’d suddenly be looking at a terrible imbalance. There would not be enough for everyone. Not enough food. Not enough fuel. Not enough heat. Not enough clothing. And all the electronics and gadgets and designer items and cheap sweatshop products people think they have to have would be no more – imagine the rude awakening.
We’re going to be finding out about this the hard way, as our supply chain continues to deteriorate as the economy continues to suffer, and as we receive fewer and fewer imports like the ones on this list that used to come regularly from China.
And to put a finer point on it, a lot of people these days don’t even produce the money it takes to buy the things that others produce.
How can you become a producer in a nation of consumers?
Becoming a producer is easier than you might think. You don’t have to suddenly grow all your own vegetables and raise meat chickens on the patio of your townhouse to do it.
A lot of this is in your head.
Before you go to purchase something, think about it. Is it something you could make yourself? Is it something that will enhance your ability to produce? Or is it just a frivolous consumer item that will add no value to your life after the first couple of days? Don’t get me wrong, it’s fine to buy frivolous things from time to time, but it shouldn’t be the majority of your purchases.
You must switch your mindset from buying to creating. From replacing to repairing. From shopping for entertainment to actually learning to enjoy life for entertainment. Unplug from your devices and get back out there in the real world and do the things that others have done for you in the past.
It will save you money, too.
Another thing about producing instead of consuming is that it’s going to save you a lot of money. For all things, you will spend either time or you will spend money.
Think about the dinner that you put on your table.
Will you spend time or money to produce the ingredients?
Will you spend time or money to prepare the ingredients and turn them into a meal?
Will you spend time or money to serve the food and clean up afterward?
You see? You have three opportunities there for production. Maybe you can grow the greens for the salad if not all the ingredients for the meal. Maybe you can cook it from scratch instead of using things put together in a box. Maybe you can eat at home instead of going to a restaurant.
If you are spending your money to acquire something, you are paying for someone else’s time. There are no real shortcuts in this world. Someone, somewhere, spent the time to grow, assemble, and/or prepare that food you’re eating.
15 Ways to Produce the Things That Most People Consume
Below you’ll find a list of ways to produce. The list, of course, is not comprehensive. It’s merely a collection of ideas to get you started on your path to tipping the balance in your favor. And don’t think you have to do all these things at once. Each thing you accomplish from this list can help you to proclaim, “I am a producer!”
Right now, producing things is optional. We are spoiled for choice when we walk into a store. But there could come a day when your ability to produce could save your life – or at the very least make it a lot more pleasant.
So what can you produce?
When you look at the list above, what kinds of things do you feel you could produce? You don’t need to jump in and learn every single thing at the same time – just pick one and make a promise to yourself that you will learn the necessary skills to produce instead of consume.
What are some things I missed in the list above? Please share your thoughts in the comments below.
Daisy Luther is a coffee-swigging, gun-toting blogger who writes about current events, preparedness, frugality, voluntaryism, and the pursuit of liberty on her website, The Organic Prepper. She is widely republished across alternative media and she curates all the most important news links on her aggregate site, PreppersDailyNews.com. Daisy is the best-selling author of 4 books and lives in the mountains of Virginia with her two daughters and an ever-growing menagerie. You can find her on Facebook, Pinterest, and Twitter.


investmentwatchblog--2020-11-05--Trump is Not losing in Michigan.. He is ahead based on official website

According to the State of Michigan ’ s own Secretary of State ’ s website , link below , President @ @ @ @ @ 200,000 votes with 81 out 83 precincts reporting .
google and AP are reporting fake @ @

According to the State of Michigan’s own Secretary of State’s website, link below, President Trump is ahead by over 200,000 votes with 81 out 83 precincts reporting. google and AP are reporting fake numbers.
mielections.us/election/results/2020GEN_CENR.html
We are primarily funded by readers. Please subscribe and donate to support us!
h/t St. Pete Traveler


investmentwatchblog--2020-11-05--Trump wins highest share of non-white vote for the GOP since 1960

Trump wins highest share of non-white vote for the GOP since 1960 t.co/NFd9aaOO3b
— Saagar Enjeti (@esaagar) November 4, 2020


investmentwatchblog--2020-11-05--All we can conclude from the “”market”” is that central banks are pouring massive amounts of thin-ai

All we can conclude from the “”market”” is that central banks are pouring massive amounts of thin-air money into them.  Everything else is noise

Let's be really clear about this. Wall Street isn't a thing. There is only central bank liquidity feeding an ecosystem of computers. All we can conclude from the ""market"" is that central banks are pouring massive amounts of thin-air money into them. Everything else is noise t.co/CUVeCj5nYT — PeakProsperity.com – Fed goes Brrrrrrr (@chrismartenson) November 5, 2020
Markets are betting on just one thing: More monetary expansion regardless of whatever happens. Central banks cannot tolerate falling asset prices which leads to excessive risk taking incentivised by financial repression which in turn leads to more financial repression. pic.twitter.com/Dk9vJ9CFel — Daniel Lacalle (@dlacalle_IA) November 5, 2020
The only other time in history when speculators were this long the S&P 500 vs. 30Y USTs was Dec ‘08. Back then, equities were trading at valuations 70% lower than now. Today, equities are barely off their most expensive lvls on record (1.7X GDP) w/ very one-sided positioning. pic.twitter.com/43xLPvxPtR — Julien Bittel, CFA (@BittelJulien) November 5, 2020
U.S. Dollar optimism index's 100 day average is at its lowest level in more than 10 years. There's a strong risk that the USD could rally from here. Given the inverse correlation between the dollar & stocks, this is as a major risk for U.S. stocks pic.twitter.com/9FB6LWMwzb — SentimenTrader (@sentimentrader) November 4, 2020


investmentwatchblog--2020-11-05--On GDP, Debt And The Recovery: This Is Not An Economic Recovery

On Wednesday last week , the price of silver dropped from over $ 24.25 to just a bit over $ 23 before bouncing back to around $ 23.50 .
The next day , the price dropped again , briefly to around $ 22.60 before mostly recovering ( but a dime to a quarter down ) .
Let ’ s look at the graph of the price and basis ( i.e .
abundance ) action for 28 and 29 October .
At the end of the day ( second day ) , the price is about a buck lower .
And @ @ @ @ @ @ @ is about 50bps lower .
Note the rise in basis leading up to 8am Wednesday ( London time , i.e .
when Asia is online ) , with little rise in price .
And then again around 18:00 ( i.e .
early afternoon in New York ) .
And again 8:00 the next day .
Then the basis drops as the price drops .
And rises as the price rises .
Once the price is stable at its new level around $ 23.35 , the basis seems to want to take off again @ @ @ @ @ @ @ metal here .
No doubt about it .
Silver is slightly less abundant to the market at the lower price—but not that much less .
Those futures traders are itchy to buy into the next rally .
Are they right ?
Many times in the past , we ’ ve expressed our skepticism at this idea .
And we were right to be skeptical , for years .
During the period Q2 2011 through Q1 2019 , silver futures traders were not right about their expected big silver move up .
It was @ @ @ @ @ @ @ Towards the end of March of 2019 , the silver price finally had its bottom just under $ 12 .
Then for about a year and a half , it rose to nearly two and a half times that .
And since August , not so much .
What has been happening since August ?
Up through August 10 , we see a steady move down in the basis corresponding to the rise in the price of silver ( i.e .
drop in the price of the dollar , measured in silver ) @ @ @ @ @ @ @ basis recovered from its blowout in the wake of COVID lockdowns .
Since then , we ’ ve had rising dollar ( i.e .
falling silver price , measured in dollars ) and a bit of a drop in basis .
Silver bulls can take solace in the fact that the big rise in the dollar in September had a corresponding drop in silver ’ s abundance .
And the basis does not look like a rising trend .
However , this chart is not exactly screaming “ buy silver ” .
After @ @ @ @ @ @ @ the alleged economic recovery is—GDP is certainly up—we came across one on how businesses borrowed to help them get through the lockdown , That is , they substituted loans for sales .
Debt for revenues .
Seed corn for a harvest .
This is like a laid-off worker substituting a credit card for his former salary—and his spending certainly adds to GDP .
But that summary number is misleading .
Let ’ s look at a hypothetical example .
Suppose you own a restaurant near a stadium .
Pre-COVID , revenues were $ @ @ @ @ @ @ @ exceptionally well , and on that revenue you earned 10 % net margin , or $ 10,000 .
With lockdown , your revenue dropped to zero for four months .
With no sports , concerts , or events at the stadium , your revenue after unlock is 10 % of what it was .
It slowly climbs .
Assuming no re-lockdown , it may get to 40 % , but without the stadium it will never be what it was .
During the lockdown you needed $ 30,000 a month just to stay @ @ @ @ @ @ @ $ 15,000 a month for 8 more months .
Assume that revenues after that stabilize and that you are somehow profitable .
Your total debt increase is 4 X $ 30K + 8 X $ 15K = $ 240,000 .
At your old pre-COVID revenues , you could pay this off in two years .
Assuming you took home no profits , and there are no taxes .
More realistically , this would be at least 5 years , and that would mean five lean years of belt-tightening .
But your new revenues @ @ @ @ @ @ @ net margin is not 10 % .
They are $ 40K and your net margin is 5 % ( this is probably generous ) .
So you are taking home $ 2,000 a month .
With no tax and taking home no money , it would take you 10 years to pay the debt off .
With the same assumptions as above , it would take 25 years .
Some businesses will take on an even greater burden of debt .
Others are more fortunate and incurred less debt .
The point is @ @ @ @ @ @ @ OK to an outsider .
But it ’ s not OK. Debt does matter .
If the restaurant does not pay the debt , then its lenders will foreclose .
Generally , it ’ s difficult-to-impossible to sell a business without clearing the debt .
Why should someone else take on the burden ?
And small business owners generally have had to sign personal guarantees of the loans to their businesses .
So closing the doors means personal financial ruin .
We ’ ve written about the mistake in thinking that the economy @ @ @ @ @ @ @ formula that purports to predict price changes based on changes to the quantity of dollars is a stateless function .
This restaurant story shows that economic actors are actually stateful .
A restaurateur who is in debt up to his eyeballs , and tightening his belt to service it will not behave the same as he did prior to incurring the debt .
And we ’ ve written about the mistake of treating GDP as a measure of the economy .
Spending borrowed money adds to GDP just as much as spending revenues @ @ @ @ @ @ @ on the state of people and businesses .
We ’ ve written in the past about the concept of Marginal Productivity of Debt ( MPoD ) .
This is the idea of looking at how much GDP is added with each fresh newly borrowed dollar of debt .
It is change in GDP divided by change in debt .
Here is an updated chart through 2Q 2020 .
One item of note , the Fed seems to have changed how they report these data series .
We kept our old data up through @ @ @ @ @ @ @ after that .
We do not believe that the change is big enough to make a significant change in the appearance of this graph .
One is the long-term trend starting after WWII is falling ( we wished they published older data so we could see this back to 1900 or ideally 1789 ) .
Two , an incredible discontinuity occurred at the time of the last financial crisis .
Three , after that crisis , the trend has been down steadily since 2010 .
Four , as of 2Q this year , @ @ @ @ @ @ @ it has gone negative again .
But even in Q1 , MPoD was just 9 cents .
We eagerly await the 3Q data .
And it makes sense .
As people , businesses , corporations , and governments from McKinney TX to the federal government borrow more to spend more , they are desperately trying to add to GDP ( well , really to add to their own consumption , which is enjoyable ) .
However , then they are saddled with the debt burden which does not go away for years or @ @ @ @ @ @ @ cases such as McKinney ) .
No doubt , debtors would enjoy consuming just as much as those who are not yet in debt .
However , they become saturated .
Saturation is an interesting way to understand the secular decline in MPoD .

by Keith Weiner of Monetary-Metals
On Wednesday last week, the price of silver dropped from over $24.25 to just a bit over $23 before bouncing back to around $23.50. The next day, the price dropped again, briefly to around $22.60 before mostly recovering (but a dime to a quarter down).
Let’s look at the graph of the price and basis (i.e. abundance) action for 28 and 29 October.
At the end of the day (second day), the price is about a buck lower. And the basis (i.e. abundance) is about 50bps lower.
Note the rise in basis leading up to 8am Wednesday (London time, i.e. when Asia is online), with little rise in price. And then again around 18:00 (i.e. early afternoon in New York). And again 8:00 the next day.
Then the basis drops as the price drops. And rises as the price rises. Once the price is stable at its new level around $23.35, the basis seems to want to take off again.
We had some selling of physical metal here. No doubt about it. Silver is slightly less abundant to the market at the lower price—but not that much less.
Those futures traders are itchy to buy into the next rally. Are they right?
Historically Skeptical
Many times in the past, we’ve expressed our skepticism at this idea. And we were right to be skeptical, for years. During the period Q2 2011 through Q1 2019, silver futures traders were not right about their expected big silver move up. It was not to come when they expected.
Towards the end of March of 2019, the silver price finally had its bottom just under $12. Then for about a year and a half, it rose to nearly two and a half times that. And since August, not so much.
What has been happening since August? Up through August 10, we see a steady move down in the basis corresponding to the rise in the price of silver (i.e. drop in the price of the dollar, measured in silver). This was a period where the basis recovered from its blowout in the wake of COVID lockdowns.
Since then, we’ve had rising dollar (i.e. falling silver price, measured in dollars) and a bit of a drop in basis. Silver bulls can take solace in the fact that the big rise in the dollar in September had a corresponding drop in silver’s abundance. And the basis does not look like a rising trend.
However, this chart is not exactly screaming “buy silver”.
Our Economic “Recovery”
After reading yet another article on how strong the alleged economic recovery is—GDP is certainly up—we came across one on how businesses borrowed to help them get through the lockdown, That is, they substituted loans for sales. Debt for revenues. Seed corn for a harvest. This is like a laid-off worker substituting a credit card for his former salary—and his spending certainly adds to GDP. But that summary number is misleading.
Misleading? How So?
Let’s look at a hypothetical example. Suppose you own a restaurant near a stadium. Pre-COVID, revenues were $100,000 a month. You were doing exceptionally well, and on that revenue you earned 10% net margin, or $10,000. With lockdown, your revenue dropped to zero for four months. With no sports, concerts, or events at the stadium, your revenue after unlock is 10% of what it was. It slowly climbs. Assuming no re-lockdown, it may get to 40%, but without the stadium it will never be what it was.
During the lockdown you needed $30,000 a month just to stay afloat. After reopening, you need $15,000 a month for 8 more months. Assume that revenues after that stabilize and that you are somehow profitable. Your total debt increase is 4 X $30K + 8 X $15K = $240,000.
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At your old pre-COVID revenues, you could pay this off in two years. Assuming you took home no profits, and there are no taxes. More realistically, this would be at least 5 years, and that would mean five lean years of belt-tightening.
But your new revenues are not $100K, and your net margin is not 10%. They are $40K and your net margin is 5% (this is probably generous). So you are taking home $2,000 a month. With no tax and taking home no money, it would take you 10 years to pay the debt off. With the same assumptions as above, it would take 25 years.
This Isn’t a Recovery
Some businesses will take on an even greater burden of debt. Others are more fortunate and incurred less debt. The point is that it may look like everything is OK to an outsider. But it’s not OK. Debt does matter. If the restaurant does not pay the debt, then its lenders will foreclose.
Generally, it’s difficult-to-impossible to sell a business without clearing the debt. Why should someone else take on the burden? And small business owners generally have had to sign personal guarantees of the loans to their businesses. So closing the doors means personal financial ruin.
We’ve written about the mistake in thinking that the economy is stateless. For example, any formula that purports to predict price changes based on changes to the quantity of dollars is a stateless function. This restaurant story shows that economic actors are actually stateful. A restaurateur who is in debt up to his eyeballs, and tightening his belt to service it will not behave the same as he did prior to incurring the debt.
And we’ve written about the mistake of treating GDP as a measure of the economy. Spending borrowed money adds to GDP just as much as spending revenues. But it has a different effect on the state of people and businesses.
We’ve written in the past about the concept of Marginal Productivity of Debt (MPoD). This is the idea of looking at how much GDP is added with each fresh newly borrowed dollar of debt. It is change in GDP divided by change in debt.
Here is an updated chart through 2Q 2020.
One item of note, the Fed seems to have changed how they report these data series. We kept our old data up through 2Q 2017 and used the new data after that. We do not believe that the change is big enough to make a significant change in the appearance of this graph.
Four features are readily visible.
One is the long-term trend starting after WWII is falling (we wished they published older data so we could see this back to 1900 or ideally 1789).
Two, an incredible discontinuity occurred at the time of the last financial crisis.
Three, after that crisis, the trend has been down steadily since 2010.
Four, as of 2Q this year, it’s not only dropped but it has gone negative again. But even in Q1, MPoD was just 9 cents. We eagerly await the 3Q data.
And it makes sense. As people, businesses, corporations, and governments from McKinney TX to the federal government borrow more to spend more, they are desperately trying to add to GDP (well, really to add to their own consumption, which is enjoyable). However, then they are saddled with the debt burden which does not go away for years or decades (or ever, in many cases such as McKinney). No doubt, debtors would enjoy consuming just as much as those who are not yet in debt. However, they become saturated.
Saturation is an interesting way to understand the secular decline in MPoD.


investmentwatchblog--2020-11-05--Trump Vows To Take Election Decision To The Supreme Court

This article was written by Mac Slavo and originally published at SHTFplan.com President Donald Trump has already declared victory in the election and says he ’ s going to have to take the decision to the Supreme Court .
“ Frankly , we did win this election , ” Trump said .
Remember , Trump just appointed Justice Amy Coney Barrett who Nancy Pelosi has called an “ illegitimate justice.
” This election battle has only just begun .
Bringing the Supreme Court into it when democrats are declaring a justice illegitimate is going to ignite more chaos than we @ @ @ @ @ @ @ Supreme Court won ’ t even be accepted , and that ’ s become obvious .
This is not the first time Trump has said the election will be decided by the Supreme court either : More Preplanned Election Chaos : Trump Says The Supreme Court Will “ Sort Out ” The Election Trump also said that “ fraud ” is underway to steal the victory away from him and added that he will ask the Supreme Court to protect the integrity of the process .
The incumbent president spoke early Wednesday morning @ @ @ @ @ @ @ in several states , including Pennsylvania , Georgia , North Carolina , and Wisconsin , where the media has so far not projected a win for either candidate , according to a report by RT .
In the end , it really doesn ’ t matter who is declared the winner .
Neither side will accept a loss and a contested election and the promised chaos will ensue .
It doesn ’ t matter who you voted for , deep down , you know this is a fact .
“ We want all @ @ @ @ @ @ @ t want them to find any ballots at four o ’ clock in the morning , ” Trump said .
Trump also thanked his supporters and the members of his campaign .
He pledged that those who voted for him will not be “ disenfranchised ” by “ a very sad group of people.
” 2020 Election : Trump Blasts Vote-Count Delays As “ Fraud On The American Public ” As the votes are being counted , Joe Bidenso far remains in the lead .
But remember : “ Those who vote decide @ @ @ @ @ @ @ decide everything.
” ― Joseph Stalin

This article was written by Mac Slavo and originally published at SHTFplan.com
President Donald Trump has already declared victory in the election and says he’s going to have to take the decision to the Supreme Court. “Frankly, we did win this election,” Trump said.
Remember, Trump just appointed Justice Amy Coney Barrett who Nancy Pelosi has called an “illegitimate justice.” This election battle has only just begun. Bringing the Supreme Court into it when democrats are declaring a justice illegitimate is going to ignite more chaos than we could imagine. A decision by the Supreme Court won’t even be accepted, and that’s become obvious. This is not the first time Trump has said the election will be decided by the Supreme court either:
More Preplanned Election Chaos: Trump Says The Supreme Court Will “Sort Out” The Election
Trump also said that “fraud” is underway to steal the victory away from him and added that he will ask the Supreme Court to protect the integrity of the process. The incumbent president spoke early Wednesday morning at the White House, claiming victory in several states, including Pennsylvania, Georgia, North Carolina, and Wisconsin, where the media has so far not projected a win for either candidate, according to a report by RT.
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In the end, it really doesn’t matter who is declared the winner. Neither side will accept a loss and a contested election and the promised chaos will ensue. It doesn’t matter who you voted for, deep down, you know this is a fact.
“We want all voting to stop. We don’t want them to find any ballots at four o’clock in the morning,” Trump said. Trump also thanked his supporters and the members of his campaign. He pledged that those who voted for him will not be “disenfranchised” by “a very sad group of people.”
2020 Election: Trump Blasts Vote-Count Delays As “Fraud On The American Public”
As the votes are being counted, Joe Bidenso far remains in the lead. But remember:
“Those who vote decide nothing. Those who count the vote decide everything.”― Joseph Stalin


investmentwatchblog--2020-11-05--Pimco Warns FHFA’s Fannie-Freddie Plan Threatens Housing Finance (You Ain’t Seen Nothing Yet!)

This may be one of the most ridiculous letters I have ever seen .
Pimco warns FHFA ’ s Fannie-Freddie plan threatens housing finance .
Bond investors want Congress to pass legislation providing explicit U.S. guarantee of the companies ’ mortgage securities .
( Bloomberg ) — Pacific Investment Management Co. , one of the world ’ s biggest bond investors , is warning that a regulator ’ s push to end federal control of Fannie Mae and Freddie Mac could threaten the U.S. housing finance system by forcing the sale of mortgage bonds and boosting loan interest rates .
@ @ @ @ @ @ @ the Federal Housing Finance Agency , expressed concern that Fannie and Freddie will be freed without congressional legislation , which they said investors would interpret as an abandonment of the government ’ s guarantee of the companies ’ mortgage-backed securities .
That would limit some investors ’ ability to hold the bonds and force others to drop the securities altogether , the executives wrote in the letter dated Monday .
“ Mortgage rates will increase , homeownership will likely suffer and the national mortgage rate will no longer exist , ” the executives @ @ @ @ @ @ @ in a comment letter responding to an FHFA proposal that would require Fannie and Freddie to hold hundreds of billions of dollars in capital .
The plan , released by the regulator in May , is considered crucial to ending the companies ’ conservatorship because FHFA Director Mark Calabria has said it would allow them to absorb losses outside the government ’ s grip .
Calabria has said he plans to release the companies from U.S. control and that they could try to raise money from investors as soon as next year .
@ @ @ @ @ @ @ mortgages , but buy them from lenders , wrap them into securities and guarantee to bond investors the repayment of principal and interest .
Together , they back nearly half of the $ 10 trillion mortgage market .
First of all , the implicit guarantee from Treasury kicked in when Fannie Mae and Freddie Mac were placed into conservatorship by FHFA .
So demanding an EXPLICIT guarantee is nonsense when the Federal government is inclined to bail out systemically important financial institutions ( SIFIs ) .
Second , The Fed has the housing @ @ @ @ @ @ @ Case-Shiller HPIs for Los Angeles and San Francisco since The Fed ’ s entrance in late 2008 .
Third , would mortgage rates really rise if Fannie and Freddie are privatized ?
Probably , but The Fed can control that spread .
Fourth , the biggest problem is what Biden/Harris will do .
I have already seen bizarre proposals on housing from Biden ’ s team , President , Joe Biden will invest $ 640 billion over 10 years so every American has access to housing that is affordable , stable , safe @ @ @ @ @ @ @ and resilient , and located near good schools and with a reasonable commute to their jobs .
Biden will do this by : • Ending redlining and other discriminatory and unfair practices in the housing market .
( You mean redlining still exists with the FDIC , The Fed and Warren ’ s Consumer Financial Protection Bureau watching the banks ?
? )
• Providing financial assistance to help hard-working Americans buy or rent safe , quality housing , including down payment assistance through a refundable and advanceable tax credit and fully funding @ @ @ @ @ @ @ but The Fed keeps causing home price increases through their policies ) • Increasing the supply , lowering the cost , and improving the quality of housing , including through investments in resilience , energy efficiency , and accessibility of homes .
( Increasing the supply of housing is a good thing , but easier said than done ) .
• Pursuing a comprehensive approach to ending homelessness .
( Noble idea , but this was a key goal of Obama ’ s HUD under Shaun Donovan … and we still have a @ @ @ @ @ @ @ hasn ’ t been able to do anything about the declining existing home sales inventory , but they have helped home prices soaring !
My biggest fear is that closure of Fannie and Freddie and creating a Super-HUD .
So , you ain ’ t seen nothing yet !

by confoundedinterest17
This may be one of the most ridiculous letters I have ever seen.
Pimco warns FHFA’s Fannie-Freddie plan threatens housing finance. Bond investors want Congress to pass legislation providing explicit U.S. guarantee of the companies’ mortgage securities.
(Bloomberg) — Pacific Investment Management Co., one of the world’s biggest bond investors, is warning that a regulator’s push to end federal control of Fannie Mae and Freddie Mac could threaten the U.S. housing finance system by forcing the sale of mortgage bonds and boosting loan interest rates.
Pimco executives, in a letter to the Federal Housing Finance Agency, expressed concern that Fannie and Freddie will be freed without congressional legislation, which they said investors would interpret as an abandonment of the government’s guarantee of the companies’ mortgage-backed securities. That would limit some investors’ ability to hold the bonds and force others to drop the securities altogether, the executives wrote in the letter dated Monday.
“Mortgage rates will increase, homeownership will likely suffer and the national mortgage rate will no longer exist,” the executives wrote.
Pimco’s warning came in a comment letter responding to an FHFA proposal that would require Fannie and Freddie to hold hundreds of billions of dollars in capital. The plan, released by the regulator in May, is considered crucial to ending the companies’ conservatorship because FHFA Director Mark Calabria has said it would allow them to absorb losses outside the government’s grip. Calabria has said he plans to release the companies from U.S. control and that they could try to raise money from investors as soon as next year.
Fannie and Freddie don’t make mortgages, but buy them from lenders, wrap them into securities and guarantee to bond investors the repayment of principal and interest. Together, they back nearly half of the $10 trillion mortgage market.
We are primarily funded by readers. Please subscribe and donate to support us!
First of all, the implicit guarantee from Treasury kicked in when Fannie Mae and Freddie Mac were placed into conservatorship by FHFA. So demanding an EXPLICIT guarantee is nonsense when the Federal government is inclined to bail out systemically important financial institutions (SIFIs).
Second, The Fed has the housing market’s back. Look at Case-Shiller HPIs for Los Angeles and San Francisco since The Fed’s entrance in late 2008.
Third, would mortgage rates really rise if Fannie and Freddie are privatized? Probably, but The Fed can control that spread.
Fourth, the biggest problem is what Biden/Harris will do. I have already seen bizarre proposals on housing from Biden’s team,
President, Joe Biden will invest $640 billion over 10 years so every American has access to housing that is affordable, stable, safe and healthy, accessible, energy efficient and resilient, and located near good schools and with a reasonable commute to their jobs. Biden will do this by:
Ending redlining and other discriminatory and unfair practices in the housing market. (You mean redlining still exists with the FDIC, The Fed and Warren’s Consumer Financial Protection Bureau watching the banks??)
Providing financial assistance to help hard-working Americans buy or rent safe, quality housing, including down payment assistance through a refundable and advanceable tax credit and fully funding federal rental assistance. (Yes, but The Fed keeps causing home price increases through their policies)
Increasing the supply, lowering the cost, and improving the quality of housing, including through investments in resilience, energy efficiency, and accessibility of homes. (Increasing the supply of housing is a good thing, but easier said than done).
Pursuing a comprehensive approach to ending homelessness. (Noble idea, but this was a key goal of Obama’s HUD under Shaun Donovan … and we still have a terrible homelessness problem).
The Fed hasn’t been able to do anything about the declining existing home sales inventory, but they have helped home prices soaring!
My biggest fear is that closure of Fannie and Freddie and creating a Super-HUD. So, you ain’t seen nothing yet!


investmentwatchblog--2020-11-05--Priceless: Rachel Maddow gasps “Oh God” as analyst explains why Trump could still win Arizona

Rachel Maddow 's reaction to realizing President Trump is on track to win Arizona : `` Oh God ! ''
@

Rachel Maddow's reaction to realizing President Trump is on track to win Arizona: "Oh God!" pic.twitter.com/60KZ2sT8ja
— Trump War Room – Text TRUMP to 88022 (@TrumpWarRoom) November 5, 2020


investmentwatchblog--2020-11-05--The actual math points to a Trump triumph in Arizona, here are the numbers.

The actual math points to a Trump triumph in Arizona , here are the numbers .

The actual math points to a Trump triumph in Arizona, here are the numbers.
Stay the course, patriots!#ChalkTalk pic.twitter.com/wIFUSt4XKW
— Steve Cortes (@CortesSteve) November 4, 2020


investmentwatchblog--2020-11-05--We have never been so dependent on monetary & fiscal stimulus…. Next year we will see far more fisca

We have never been so dependent on monetary & fiscal stimulus…. Next year we will see far more fiscal & monetary expansion than anyone currently expects, regardless of who is president.

U.S .
Needs a ‘ Really , Really Big ’ Relief Package to Keep Its Economy Afloat , Says Paul Krugman The U.S. may need several hundred billion dollars a month in “ disaster relief , ” Nobel prize-winning economist Paul Krugman said .
Fed Wants Low Profile but May Repeat That the Economy Needs Stimulus Fed Chairman Jerome Powell is likely to reiterate the need for fiscal stimulus to help the economy recover .
The Bank of Japan ( BOJ ) ramped up its Japanese Government Bond ( JGB ) purchases in 1-3 years maturities by JPY500 billion vs. @ @ @ @ @ @ @ daily operation .
…A visible upset Lagarde pointed out the ECB will never be out of tools because of its unique ‘ innovation ’ ; it can create new tools and recalibrate existing tools .
Bank of England Boosts Bond Buying of $ 1.2 Trillion as New Coronavirus Lockdown Begins Along with maintaining its main lending rate at 0.1 % , the Bank of England ’ s ( BOE ) Monetary Policy Committee ( MPC ) also voted to expand its target stock of asset purchases to £895 billion ( $ 1.2 trillion @ @

It took $4T of government debt to get economic activity back to the worst levels of the great recession. We have never been so dependent on monetary & fiscal stimulus. pic.twitter.com/OiqZo1LbRj — Otavio (Tavi) Costa (@TaviCosta) November 3, 2020
Leading activity indicators show several signals of deterioration in economic activity and signs of a double-dip. pic.twitter.com/Wyk1ryK6rr — Daniel Lacalle (@dlacalle_IA) November 5, 2020
Bezos sells more than $3 billion worth of Amazon shares t.co/oYzWem9C1k — CNBC (@CNBC) November 4, 2020
#USA more testing narrative continues to collapse as the #2ndWave goes exponential due to irresponsible human behavior – the #HeraldWave is now in the history books #COVID19 #Pandemic #SARSCoV2 t.co/uEPZIVyJro — TraderStef (@TraderStef) November 5, 2020
I think we will see a $2 trillion relief package no matter who is declared the winner & next year we will see far more fiscal & monetary expansion than anyone currently expects, regardless of who is president. The global bust & financial crisis will require a massive response. — David Hunter (@DaveHcontrarian) November 4, 2020
The U.S. may need several hundred billion dollars a month in “disaster relief,” Nobel prize-winning economist Paul Krugman said.
Fed Chairman Jerome Powell is likely to reiterate the need for fiscal stimulus to help the economy recover.
The Bank of Japan (BOJ) ramped up its Japanese Government Bond (JGB) purchases in 1-3 years maturities by JPY500 billion vs. JPY420 billion previous, in its routine daily operation.
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…A visible upset Lagarde pointed out the ECB will never be out of tools because of its unique ‘innovation’; it can create new tools and recalibrate existing tools.
Along with maintaining its main lending rate at 0.1%, the Bank of England’s (BOE) Monetary Policy Committee (MPC) also voted to expand its target stock of asset purchases to £895 billion ($1.2 trillion).