Monday, December 30, 2019

Facebook Is Stupid

Earlier today I posted the following to Facebook in response to the article, Contaminated foods from China flooding into the U.S. under the ‘Organic’ label by Natural News:

As I correctly predicted I have been placed in Facebook Jail, banned from interacting with others on Facebook for 7 days.

This isn't the first time the Facebook sensors have failed to take words into proper context.

Is this the work of robots?

I don't thing so.

The reason I say I don't think so is because there are at least 2 other places on Facebook where my comment, "Americans are stupid" still remains. One posted just moments before I made my post in the comments on a friend's post about the same article I was commenting on.

But if the problem is robots then why is context so hard to program?

Can Facebook not tell that I am posting from Greensboro, North Carolina?

Can Facebook not tell that every post I have ever made to Facebook has been from the exact same address in Greensboro, North Carolina?

Can Facebook not look at my vast history of posts, combined with where I am posting from and determine that odds are very good that I am an American, and that as such my comment is not hate speech?

As for Facebook's review process? Sometimes they get around to it but I'm still waiting on one from January 28, 2019.

And since I can't post this to Facebook and no one else will ever bother to do so, no one will know what happened.

Isn't that convenient?

Update: 31 December, 2019 Since contacting Facebook is impossible I've made an effort to contact Community help. Taking it to the streets...

Wednesday, December 25, 2019

On a Modern Day Jesus; "The Roman Empire, a police state in its own right, had ordered that a census be conducted"

Jesus—the revered preacher, teacher, radical and prophet—was born into a police state.

Viewed by the government as a dissident and a potential threat to its power, 
Jesus might have had government spies planted among his followers to monitor his activities, 
report on his movements, and entrap him into breaking the law.   

Joseph and his pregnant wife Mary traveled to the little town of Bethlehem so that they could be counted. ...Warned that the government planned to kill the baby, Jesus’ family fled with him to Egypt until it was safe to return to their native land.

Yet what if Jesus had been born 2,000 years later?

Had Jesus been born in a hospital,
his blood and DNA may have been taken without his parents’ knowledge or consent 
and entered into a government biobank. 

What would Jesus—the baby born in Bethlehem who grew into an itinerant preacher and revolutionary activist, who not only died challenging the police state of his day but spent his adult life speaking truth to power, challenging the status quo of his day, and pushing back against the abuses of the Roman Empire—do?

This is not a theological gray area: Jesus was unequivocal about his views on many things, not the least of which was charity, compassion, war, tyranny and love.

...When confronted by those in authority, Jesus did not shy away from speaking truth to power. Indeed, his teachings undermined the political and religious establishment of his day. It cost him his life. He was eventually crucified as a warning to others not to challenge the powers-that-be.

Rather than traveling to Bethlehem for a census, Jesus’ parents would have been mailed a 28-page American Community Survey, a mandatory government questionnaire documenting their habits, household inhabitants, work schedule, how many toilets are in your home, etc...

Instead of being born in a manger, Jesus might have been born at home. The baby’s parents might have been forced to ward off visits from state social workers intent on prosecuting them for the home birth.

From the time he was old enough to attend school, Jesus would have been drilled in lessons of compliance and obedience to government authorities, while learning little about his own rights. Had he been daring enough to speak out against injustice while still in school, he might have found himself tasered or beaten by a school resource officer...

...Jesus’ anti-government views would certainly have resulted in him being labeled a domestic extremist. Law enforcement agencies are being trained to recognize signs of anti-government extremism during interactions with potential extremists who share a “belief in the approaching collapse of government and the economy.”...

Jesus’ movements and personal data—including his biometrics—would have been documented, tracked, monitored and filed by governmental agencies and corporations such as Google and Microsoft. Incredibly, 95 percent of school districts share their student records with outside companies that are contracted to manage data, which they then use to market products to us.

From the moment Jesus made contact with an “extremist” such as John the Baptist, he would have been flagged for surveillance because of his association with a prominent activist, peaceful or otherwise.

Jesus might have been reported to government officials as “suspicious” under the Department of Homeland Security’s “See Something, Say Something” programs.

Had Jesus used the internet to spread his radical message of peace and love, he might have found his blog posts infiltrated by government spies attempting to undermine his integrity, discredit him or plant incriminating information online about him. At the very least, he would have had his website hacked and his email monitored.

Rather than having armed guards capture Jesus in a public place, government officials would have ordered that a SWAT team carry out a raid on Jesus and his followers, complete with flash-bang grenades and military equipment.

Instead of being detained by Roman guards, Jesus might have been made to “disappear” into a secret government detention center where he would have been interrogated, tortured and subjected to all manner of abuses.

Charged with treason and labeled a domestic terrorist, Jesus might have been sentenced to a life-term in a private prison where he would have been forced to provide slave labor for corporations...

...That baby in the manger grew up to be a man who did not turn away from evil but instead spoke out against it, and we must do no less.

Tuesday, December 24, 2019

The Future Of Poverty

History repeats itself. Prophets correctly interpret the current events of their times and draw out the logical conclusions to which those events will lead. It's science, not magic. History is repeating itself now as homeless people across the nation are being jailed for the crime of being homeless.

Remember the FEMA camps? It will be done privately just as is being done with border camps.
The homeless will be forced into these camps under the guise of a national emergency. When the costs begin to mount the homeless will be billed for their keep, but since the homeless have no money their debt will be sold into "indentured servitude" as were my ancestors in Wales and England.

Few will ever pay off their contracts as they won't be able to meet the production quotas in their contracts. Just as before.

My "indentured" ancestors ran away from Jamestown and Williamsburg to the Appalachian Mountains where the King's soldiers dared not go. But these new labor camps will be on farms in the Amazon and factories in Mongolia, perhaps Siberia where Americans will not speak the native languages and life outside the work camps is impossible for most. And the distance to civilization is too far.

And like the NAZI concentration camps of WW2, the residents of these camps will be marked but not with tattoos. They will be chipped and electronically tracked everywhere they go.

This is the future of poverty.

And we all know it to be true.

Sunday, December 22, 2019

Why Has Greensboro Become So Violent?

If you don't already know, Greensboro saw record murder rates in 2019 and people are wondering why. To get to the bottom of what breeds violence I decided to look into what breeds violence in other cities across the nation. Here are some of the things I learned.

From the Chicago Tribune in an article entitled, Why is there so much shooting and killing in Chicago?

“We are not just the most segregated city in America, but the level of concentrated poverty we have in our neighborhoods is unlike anything in Los Angeles or New York. You would not find an Englewood or Garfield Park anywhere in Los Angeles and New York.”

Next we go to The Hill with an article entitled, Violence is a symptom of poverty, not a cause:

"According to the most recent census data for Baltimore, the poverty rate is 24 percent. A quarter of a city that is 63 percent black. Of those people in poverty, only six percent will ever escape it in their lifetime. When you need to pay rent, or feed your family, or just find something to eat yourself, and there is nowhere else to turn, the poor turn to crime, and that usually means selling drugs.

The illegal drug trade is fueling most of the violence that’s occurring in the streets of Baltimore and in the streets of most other cities that face the same problem. There aren’t a lot of positive outcomes once you enter the drug game. Usually, it means prison, which is another of the main forces that drives poverty. If it’s hard to get a job coming from poverty, coming from prison it is almost impossible, and so to survive you return to selling drugs, and on and on it goes."

Now two articles certainly doesn't establish a trend so I went on to see what academics have to say about it and in this abstract from a study called Poverty and Violence it appears academia is in agreement that violence is a symptom of poverty:

"Poverty is widely believed to cause violence. The general public treats this notion as a truism, and most academics also accept it as such. Debates among the latter tend to be over which social mechanisms cause poverty to affect violence. But there are other positions to be sure. Poverty has been linked to violence in a number of ways. Most scholars as well as lay persons believe that those who live in poverty more frequently engage in acts of violence as a consequence of conditions that they are subjected to. There is, however, disagreement among scholars about which conditions are important and how and why they lead to violence. These conditions may include poor housing (Stark, 1987), distressed neighborhood (Krivo & Peterson, 1996), and disrupted families (Sampson & Groves, 1989). Living conditions of this sort are ordinarily defined as social structural consequences of poverty. While this structural approach has usually viewed poverty as the independent variable and violence as the dependent, some scholars have also argued that violence can cause poverty at the aggregate level by creating an unstable or dangerous environment which is not conducive to economic development or growth (Staley, 1992). It may also be that those who are financially better off will move out of areas with high rates of violence leaving only those who are economically unable to relocate (Wilson, 1996)."

So what are economic conditions like in Greensboro? Well let me just put it to you this way. The December 5, 2019 Scott Yost article in the Rhino Times, entitled Officials Charged Up Over New Battery Plant In East Greensboro, is tagged as Satire.

And very poorly written satire at that.

So what is the Greensboro City Council doing about the poverty that is the root cause of the increasing violence in Greensboro?

"From Vietnam to Afghanistan etc..., US governments lie"

"The Washington Post has, after more than two years of investigation, revealed that senior foreign policy officials in the White House, State and Defense departments have known for some time that the U.S. intervention in Afghanistan was failing...

The explosive Pentagon Papers showed that the U.S. government had systematically lied about the reality that the U.S. was losing the Vietnam War.

...Concealment, deception and outright lies have characterized U.S. national security policy for decades – from the overthrow of democratically elected governments in Iran and Guatemala to the overthrow of Saddam Hussein and more.

...The mild reaction to lying in plain sight about Afghanistan suggests the U.S. may be well down the road to unravelling government’s credibility and our democracy altogether.""

The 12 Strongest Arguments That Douma Was A False Flag

There is a large and growing body of evidence that we have been lied to about Syria to an extent and to a level of sophistication that may be historically unprecedented.

Debunking A Century of War Lies

Saturday, December 21, 2019

Former Greensboro Police Chief Under Investigation

Authorities in South Carolina are investigating former Greensboro Police Chief Ken Miller for allegedly having  worked to dismiss a criminal charge for a wealthy businessman and covering it up. From the Greenville, South Carolina News:

"Greenville Police Chief Ken Miller and interim Capt. Jason Rampey have been placed on paid administrative leave after a State Law Enforcement Division investigation revealed evidence that they worked to dismiss a criminal charge for a wealthy businessman and were untruthful about it."

Thursday, December 19, 2019

The Trump Impeachment Conspiracy

Democrats and Republicans got what they wanted. Think about it. Think really hard about it. Look back on the events of all these many months with an open mind and you'll begin to piece it together.

What was impeachment really about? I'll give you 2 hints:
1. Impeachment was not about removing Trump from office.
2. Impeachment was not about protecting the Constitution.

Hell, I'll even give you a 3rd hint:
3. Look back at how both sides telegraphed their every move as if they were 9 year olds in a boxing ring having put on gloves for the first time.

We have just witnessed the biggest unplanned, un- conspired conspiracy in the history of the world.

Here, let me spell it out for you: Independent/unaffiliated voters out number both Democrats and Republicans by a very wide margin and no one can predict how unaffiliated voters might vote. The 2016 election was so close it was called by the Electoral College and neither side likes such close calls as both sides want a mandate. Even if the
Electoral College had of decided in favor of Hillary Clinton the win wouldn't have been big enough to call it a real mandate. So both the Democratic and Republican Parties need desperately to get Party members to the polls in the hopes that alienated independents will simply sit this one out.

What better a way to do it?

And both sides were in on it without ever working together.

The American voter has been duped... again.

Monday, December 16, 2019

Bank Bailouts happening all over again

"How can so many economists and economic commentators dismiss the ever-increasing market meddling of central banks so lightly?

Their salaries are dependent upon not acknowledging what should be

...The continuing turmoil in the repo-market, first triggered on 16 September, is the most recent and probably the most worrying example

The measures taken by the central banks have already created a situation in which their actions increase rather than decrease financial instability.  This is due to the fact that if the actual price of an asset does not meet its market–based value, the true level of risk is not properly revealed.

Our financial market have been made fake

While the extraordinary measures used to stop the crisis from mutating into a systemic meltdown can be considered appropriate, the fact these measures were continued cannot.

Undercapitalized and ailing banks were left standing.

The hidden virtue of crises and recessions is that they remove both unproductive firms and financial excess, creating space for more productive firms and fresh financial investment. This was not allowed to happen post-GFC. This also explains why the economic recovery from the crisis was so weak.

The top at the helm of the global financial system was bailed out at the expense of everyone else

...One major central bank after another enacted zero or negative interest rate policies and started asset purchase (QE) programs run through the commercial banks. In the U.S., the Fed purchased securities from authorized Primary Dealer banks by crediting reserve balances to the Fed accounts associated with each dealer counterparty.


These intermediary banks paid the sellers of bonds (households, funds, banks, etc.) and the Fed compensated the banks with reserves.  In practice, the Fed forced excess reserves onto the balance sheets of banks far beyond levels they would have acquired independently.

Bailouts and monopoly

Because of the higher supply of reserves system-wide, their marginal benefit decreased, bidding-up the prices of various securities. This led the banks to issue additional and often riskier loans until the balance of the marginal benefits was restored. Also, because QE and low policy rates depressed long-term rates, many of the securities that the commercial banks held had no yield advantage over reserves, making the banks more likely to substitute less-liquid securities with more credit risk.

QE created overdemand for investment-grade assets and excess liquidity in the financial markets by introducing central banks as a persistent buyer. This overdemand led to a relentless hunt for yield, to spread compression, and to artificially-inflated prices...

Quantitative tightening, or QT, attempted globally for the first time from August to November of 2018, created an oversupply of investment-grade bonds which lead to a flight to quality, to spread dispersion and to asset price deflation. It also removed the excess liquidity from the financial markets created by QE by introducing a persistent seller.

In December 2018, it became clear that the financial markets were unable to tolerate a balance sheet run-off by central banks. Markets declined abruptly and forced the PBoC to inject record amounts of liquidity into the markets, and the Fed to make an immediate 180-degree turn in its monetary policy.

It didn't work

Yet, overall, global QT essentially continued through the 2019 until the repo-markets broke in September.  On the 16th of September, rates in the repo markets spiked by 248 basis points to more than double of the overnight rate set by the Fed.

Panic was imminent, as the over $4 trillion repo-market is used by big institutional investors to satisfy their short-term demand for liquidity. If rates stay elevated for an extended period of time, highly-leveraged institutions start to fail and trust in financial markets and the banking sector is likely to shatter.

The interbank market never recovered from the Panic of 2008. 

Banks demand collateral for their loans to other banks, which has shifted more of the ‘action’ to the repo-market, increasing its role. During 2018 and 2019, the four big banks of the U.S. became the dominant lenders in the repo-markets. So, any change in their ability or willingness to lend to the repo-market will cause an imminent shortage of funding and sky-rocketing interest rates. Banks have also been hoarding Treasuries, shrinking their availability.

Yet, the main issue is likely to be the fact that QE programs fundamentally altered the balance sheets of banks as well as their money-market activity.

QE accustomed banks to holding large amounts of excess reserves, which provided a reliable source of interest income.

Not capitalism

When QT started to reduce reserves, they replaced them with another reliable source, Treasuries, which acted as a hedge on their balance sheet against riskier lending practices and securities holdings induced by QE programs.  Obtaining a hedge against riskier assets and loans (loan portfolios in particular take a long time to adjust) becomes especially important, if the economic outlook is expected to worsen—as it is presently.

Artificially imposed stability leads to higher levels of future complication

QE has distorted both bank balance sheets specifically and the financial markets more broadly. These factors, combined with decreased money-market activity of banks has likely made the ‘Big 4’ wary of lending to the repo-market, if even a hint of potential loss exists.

This leads us to another and potentially more worrying development:  increased access to the repo-market by hedge funds to increase their leverage.  They seem to have been getting short-term funding from the repo-market to buy U.S. T-bills, which they have then re-invested in the repo-market to obtain more short-term funding to buy T-bills, etc. Using this “leverage-loop” they have been able amass very high leverage ratios.

The behavior of hedge funds is also the end-result of massive central bank interference in the global capital markets.  When the yields of practically every financial asset class are squeezed to near-zero (or less!) due to artificial liquidity from the central banks, leverage becomes the only way to obtain  yield sufficient for fixed-income investors.

When the financial history of this era is written, it is fairly likely that historians will identify the onset of the global economic crisis as 16 September, 2019. It was the first clear sign of the potential for a  violent unwinding of the massive speculative financial positions created by central bank meddling.

Thus, in their efforts to “save” the world economy, central banks have created a monster: a dysfunctional, extremely-speculative and highly-leveraged financial sector. All that is needed for it to unravel are rising rates in an some important, if obscure, corner of the capital markets—just like the repo-markets.

The Fed has been engaged in a desperate battle to avert this through its repo and “Not QE” -programs since September. However, even if successful, it’s very likely that these programs, not to speak of an “actual QE”, will just further aggravate the distortions in the financial markets, until they become unbearable.
"We’re now at the tail end of a very long, but in many ways a very weak and artificial, economic expansion"

By a continuing process of inflation,
governments can confiscate secretly and unobserved…the wealth of their citizens.

John Maynard Keynes
Advocate of fiscal and monetary measures to manage economic highs and lows

Aenbr Nood's first bubble, and then the next

From a meeting with Congressman Mark Walker's staff, after which Mark did nothing = Walker has joined the national "keep the financial industry unaccountable" club

"A bubble exists when asset prices rise beyond what incomes can sustain"

JPM CEO Jamie Dimon Securities Fraud and Insider Trading

Goldman Sachs, Wells Fargo, Wachovia and Perella Weinberg Story

Celadon Trucking Fell To Corporate Raiders

I'm a retired long haul trucker. I've experienced a company leaving me stranded far from home. I learned early on to always have money enough to get home in my pocket because hitchhiking sucks. And I learned the signs of a company that is going under soon. The one thing I have noticed about the Celadon Trucking bankruptcy story is that no one in media has connected the dots.

Article after article has pointed to the 2016 accounting scandal in which the value of Celadon's equipment was inflated in order to push up share prices but the persons responsible for the fraud were caught in 2016, fired that same year, and according to the Wall Street Journal, Celadon settled with the government in 2016.

"Freight trucking company Celadon Group Inc. has agreed to pay $42.2 million to settle fraud claims after filing false financial statements and lying to auditors in efforts to hide losses of its aging trucking fleet."

So that bankrupted Celadon, right? Well, not actually. Also according to the Wall Street Journal printed August 1, 2019:

"Trucking company Celadon Group Inc. has received $165 million in new financing that the company said will help its turnaround efforts.

An unidentified shareholder is providing part of the debt and could snag as much as a 49.9% stake as a result.

The shareholder is set to receive warrants to buy 16 million common shares that are exercisable immediately as part of the deal. Fully exercised, the warrants would account for about a third of the company’s fully diluted equity and would give the lender a roughly 49.9% stake in the company, Celadon said.

The new financing includes a $105 million in term loans and a revolving credit facility of $60 million.

The shareholder is also receiving warrants to buy 5.5 million shares that become exercisable in the case of a change of control."

Seems there's a new boss at Celadon and thus far his or her name is a secret.

Who loans money to a company they know is going to fail?

Of course Celadon does have, again according to the Wall Street Journal, $427 Million Dollars in assets. You know, cash and things that can be quickly sold off. In that same article the Journal identifies the secret buyer as Luminus Energy Partners Master Fund Ltd. which just happens to be registered in Bermuda and has thousands of sketchy references on Google involving various companies going bankrupt.

Is it legit? Probably.

Was it the right thing to do? You tell me.

Sunday, December 15, 2019

Danville Gets Jobs, Greensboro Gets Glitter

I'd like to point you to 2 stories in the local news that exemplify why Greensboro continues to fail economically when cities around us are thriving.

The first story from Danville, Virginia: AeroFarms plans to build largest indoor vertical farming facility to date in Dan River Region, bringing 92 jobs with $42 million investment. So how much did this cost taxpayers there:

"Incentives for the company include $190,000 in grant money from the Virginia Tobacco Commission, $200,000 from the Governor’s Commonwealth Opportunity Fund and $200,000 from the state’s Agriculture and Forestry Industries Development Fund."

Meanwhile here in Greensboro we get, Greensboro Science Center unveils plans for new holiday light display:

""Think Tanglewood on steroids," CEO Glenn Dobrogosz said of the $1.6 million investment.

The plan is for the attraction to last 40 days as a way to boost the tourism economy during slow months, the organization said."

There is no way in HELL that $1.6 Million Dollars spent on flashing lights can even begin the compare to $42 Million and 92 long term jobs growing local food that won't be sprayed with sewage waste that causes diseases like the produce that comes from California, Mexico, and no telling where else. And Greensboro is spending over 3 times as much while claiming it is for economic development.

"as a way to boost the tourism economy during slow months"

But these are the people that you chose to run our community.