tyb
'sup dawg
Fed Tightening And Crumbling Fundamentals Expose The Recovery Lie-(Op-Ed)
It is hard to say exactly when it started – in 2008 in the midst of the credit crisis, in the early 2000's when the Federal Reserve initiated artificially low interest rates which helped to create the vast US mortgage bubble, or maybe the root goes all the way back to 1913 when the Federal Reserve was founded, but somewhere along the line America entered severe economic decay. One certainty is that signals in the fundamentals become visible every time the Fed inflates a financial bubble to stall a crash and then tightens policy without waiting for the economy to show true alignment.
This pattern is, in my view, not about the Fed “bumbling in the dark”. In fact, I see most Fed activities as quite deliberate, including the creation and deflation of large credit and equities bubbles. Sometimes these crashing bubbles are used as an excuse by the Fed to launch an even more invasive program of stimulus, and sometimes the bubbles are allowed to collapse, allowing international banks to vacuum up hard assets for pennies on the dollar. During the most widespread collapse events, the banking elites use the chaos and distraction to not only centralize assets, but shift entire geopolitical and fiscal dynamics in order to centralize power.
There is much debate in alternative economic analysis on which type of event we are facing today. There is not much debate, though, on the fact that the fundamentals are screaming bloody murder. The cycle has started over again.
I would point out that since the 2008 credit crash a true recovery has never materialized. We have heard about in endlessly in the mainstream financial media, and to this day we hear Fed officials declare the US economy "on course" and “strong”, but the evidence has always been to the contrary. The Fed itself presents two primary factors as proof of recovery: GDP and Employment.
GDP is of course a fallacy, with a large portion of US “production” attributed to government spending, or government programs that tax the public in order to generate revenue. This is not true production as the government is not a producer. Rather, the government tends to misallocate and erase wealth instead of creating it.
Employment is another fraudulent statistic. The numbers released to the public are a gross misrepresentation of the economic picture, as they ignore the 95 million working age people no longer counted by the Bureau of Labor as unemployed because they have been removed from the rolls. The numbers also do not take into account the quality of jobs being created versus the quality of jobs that have been lost. Part time and low wage service sector jobs do not boost the economy, nor do they allow people to adequately support a family, but these are the kinds of jobs (U-6 Measurements) that make up the majority of the so-called economic recovery.
Other fundamentals have remained in poor condition for years but are rarely discussed in the mainstream media. The system has been kept barely afloat by one factor and one factor alone – Federal Reserve stimulus and low interest rate measures. It is important to note that multiple fundamentals began blaring recessionary alarms the moment the Fed began raising interest rates and cutting assets from its balance sheet. Without endless Fed stimulus, the illusion of recovery melts away.
https://www.zerohedge.com/news/2019-02-23/fed-tightening-and-crumbling-fundamentals-expose-recovery-lie
be around to help if needed.
have forgotten that crap from yesterday. they know where to find us.
chek'em
last thing I will say on it is that whatever it was they did not seemed too concerned that it occurred.The response was less than what I expected but that's my problem.
onwards
o7
Microsoft : workers demand it drop $480 million U.S. Army contract
SAN FRANCISCO (Reuters) - Some Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract to supply the U.S. Army, with 94 workers signing a petition calling on the company to stop developing "any and all weapons technologies."
The organizing effort, described to Reuters by three Microsoft workers, offers the latest example in the last year of tech employees protesting cooperation with governments on emerging technologies.
Microsoft won a contract in November to supply the Army with at least 2,500 prototypes of augmented reality headsets, which digitally display contextual information in front of a user's eyes. The government has said the devices would be used on the battlefield and in training to improve soldiers "lethality, mobility and situational awareness."
In the petition to Microsoft executives, posted on Twitter, the workers said they "did not sign up to develop weapons, and we demand a say in how our work is used." They called on the company to develop "a public-facing acceptable use policy" for its technology and an external review board to publicly enforce it.
Microsoft said in a statement that it always appreciates employee feedback. It also referred to an October blog post by its president, Brad Smith, in which he said the company remained committed to assisting the military and would advocate for laws to ensure responsible use of new technologies.
The U.S. Army did not provide immediate comment.
Shares of Microsoft fell 7 cents to $110.90 after hours on Friday.
Though many governments want to draw upon the expertise of the biggest U.S. tech companies, employee resistance has added a new challenge to already complicated relationships.
Worker pushback led Alphabet Inc last year to announce it would not renew a Pentagon contract in which its artificial intelligence technology is used to analyze drone imagery.
In other cases, employee criticism has invited greater public scrutiny to deals, such as $10 billion cloud computing contract yet to be awarded and various contracts with U.S. Immigration and Customs Enforcement.
https://www.marketscreener.com/MICROSOFT-CORPORATION-4835/news/Microsoft-workers-demand-it-drop-480-million-U-S-Army-contract-28054301/?countview=0
cap 2 sauce
https://www.bloomberg.com/news/articles/2016-09-20/microsoft-plans-to-repurchase-up-to-another-40-billion-in-stock
that would certainly hasten the question being asked
and look who it is written by. can't make this shit up.