The government makes it as difficult as possible for law abiding citizens to carry guns at all times in order to protect themselves. Conversely, all cops carry their guns at all times. And if an off duty cop is involved in a shooting there is rarely any questioning the validity or logic of it. They are simply allowed to protect themselves and their property, no questions asked.
Here is a recent video with a perfect example of what I am talking about. Two hoodlums walk up to a nice BMW. They see an occupant inside but they don't care because they assume he is a disarmed citizen. They also don't expect to see a lowly public servant like a cop driving around in such an expensive luxury vehicle. They mean to carjack this vehicle at gunpoint.
But as you can see in the vid, the driver is a cop and he is armed. So instead of being kidnapped and possible dumped dead in a ditch as two ass bites steal his car, the hoodlums come under gunfire of someone who has been equipped and enabled to defend his life and his property.
We can debate later as to how the cop has come into the possession of such a pricey car but it was only through his ability to carry a weapon that he was able to keep said car and his life. Even the best cops cannot be where they need to be when they need to be there. That is why we cannot be so stupid as to blindly outsource responsibility for the protection of ourselves and our loved ones to paid strangers who may or may not be interested in putting themselves in harm's way in order to help us.
Sunday, July 29, 2018
Saturday, July 28, 2018
Hawaii's actions inadvertently tightens the noose around gun control advocates.
If you've ever played chess before you will recognize that a player with a rook and a king can always, if properly played, beat by checkmate someone with just a king. It's also possible to end up in stalemate but that would be considered a rookie mistake by anyone who knows the game.
With the herd turning conservative, the battle for gun control is now down to the lawful gun owners having a rook and a king with the state and gun grabbing liberals holding only a king. Each move seems to be sliding ever closer to permit-less open carry, just like in the days before everyone was hypnotized into the acceptance of outsourced their personal security to some stranger in a monkey suit with a tin badge.
Today's evidence point is that Hawaii has just lost a case brought against them by a private individual whose gun rights they attempted to shamelessly trample. You can read the details for yourself here but the the point is that it seems to be getting easier and easier for the people to force the state to recognize the 2nd amendment rights of American citizens. It used to take teams of lawyers from NRA and other pro gun organizations just to keep from getting pushed into a gun free Hell hole. But now a private citizen with a pro bono lawyer just smacked the state of Hawaii and many other gun grabbing regions under the dominion of the appellate court of the 9th circuit court upside the head and said, "wake the huck up, fool". We are looking at the end game playing out on this so things should begin moving faster in the favor of lawful gun owners IMO.
The US has been running up debt at a ridiculous, exponential rate for decades. So have other countries because that just what you do when you have a fake money supply in use. The US has used a lot of this money to create those private security forces called police. There are a shit ton too many police but we appear to be able to afford them because we simply borrow the money to do so. But sooner or later, that game will end. Mauldin is now talking about the eventual "train wreck" of debt (that's a far stretch from "muddle through", huh?).
So what happens when nobody will loan cheaply to the US and also when printing money results in inflationary pressures which negatively affect people's lives? Does everyone think that all these expensive "goodies" like big government, big "services" such as police, fire, etc. will just remain the same? I think not! I think that two things will happens as government budgets (or at least the buying power thereof) shrinks:
1) those who used to think that the government jobs were a good deal will get screwed out of their pensions and will leave to go do something else while they still are young enough to do it.
2) government budgets will require many layoffs of all these services.
It should be clear that if the debt based funding source for something is cut off then that something will have to stop. When that happens, I expect:
1) police and firemen will begin causing trouble in order to try to scare the people to dig deeper to continue to pay their high wages and bennies. Cops will murder and terrorize citizens while firemen will set buildings on fire. Obviously only a small fraction of police and fire employees will do these extreme things. But it doesn't take many people to create a big crime wave.
2) police will go on strike or play the blue flu game, again in a vain attempt to force the rank and file to pay premium wages in order to outsource their personal security to the blue club.
During these times it will be very stupid to be without a gun. Desperate people will do desperate things and law abiding sane people need to be prepared to blow their hearts out when they do. Here is an example of a well trained, armed-at-all-times mother who pumped three .40 cal slugs into the chest of a useless, cowardly gun wielding robber without breaking a fingernail. Sure, she was an off duty police woman so she had proper training. But so should we all. This happened in Brazil, a country where the Debt Ponzi is much closer to the edge of the cliff than the US which is why this kind of crime is more common there. But wait until our police forces get decimated by budget cuts. Wait until they have to sell the SWAT gear and the MRAPs in order to keep the lights on.
There is no way the on duty cops could have in any way prevented this crime from happening. And when less cops are on duty in the future, this will only get worse. That means that the people will begin to realize the value of being able to protect yourself instead of living in a delusion bubble that out sourcing your personal security to someone else who isn't even around when crime is happening is a good idea.
With the herd turning conservative, the battle for gun control is now down to the lawful gun owners having a rook and a king with the state and gun grabbing liberals holding only a king. Each move seems to be sliding ever closer to permit-less open carry, just like in the days before everyone was hypnotized into the acceptance of outsourced their personal security to some stranger in a monkey suit with a tin badge.
Today's evidence point is that Hawaii has just lost a case brought against them by a private individual whose gun rights they attempted to shamelessly trample. You can read the details for yourself here but the the point is that it seems to be getting easier and easier for the people to force the state to recognize the 2nd amendment rights of American citizens. It used to take teams of lawyers from NRA and other pro gun organizations just to keep from getting pushed into a gun free Hell hole. But now a private citizen with a pro bono lawyer just smacked the state of Hawaii and many other gun grabbing regions under the dominion of the appellate court of the 9th circuit court upside the head and said, "wake the huck up, fool". We are looking at the end game playing out on this so things should begin moving faster in the favor of lawful gun owners IMO.
The US has been running up debt at a ridiculous, exponential rate for decades. So have other countries because that just what you do when you have a fake money supply in use. The US has used a lot of this money to create those private security forces called police. There are a shit ton too many police but we appear to be able to afford them because we simply borrow the money to do so. But sooner or later, that game will end. Mauldin is now talking about the eventual "train wreck" of debt (that's a far stretch from "muddle through", huh?).
So what happens when nobody will loan cheaply to the US and also when printing money results in inflationary pressures which negatively affect people's lives? Does everyone think that all these expensive "goodies" like big government, big "services" such as police, fire, etc. will just remain the same? I think not! I think that two things will happens as government budgets (or at least the buying power thereof) shrinks:
1) those who used to think that the government jobs were a good deal will get screwed out of their pensions and will leave to go do something else while they still are young enough to do it.
2) government budgets will require many layoffs of all these services.
It should be clear that if the debt based funding source for something is cut off then that something will have to stop. When that happens, I expect:
1) police and firemen will begin causing trouble in order to try to scare the people to dig deeper to continue to pay their high wages and bennies. Cops will murder and terrorize citizens while firemen will set buildings on fire. Obviously only a small fraction of police and fire employees will do these extreme things. But it doesn't take many people to create a big crime wave.
2) police will go on strike or play the blue flu game, again in a vain attempt to force the rank and file to pay premium wages in order to outsource their personal security to the blue club.
During these times it will be very stupid to be without a gun. Desperate people will do desperate things and law abiding sane people need to be prepared to blow their hearts out when they do. Here is an example of a well trained, armed-at-all-times mother who pumped three .40 cal slugs into the chest of a useless, cowardly gun wielding robber without breaking a fingernail. Sure, she was an off duty police woman so she had proper training. But so should we all. This happened in Brazil, a country where the Debt Ponzi is much closer to the edge of the cliff than the US which is why this kind of crime is more common there. But wait until our police forces get decimated by budget cuts. Wait until they have to sell the SWAT gear and the MRAPs in order to keep the lights on.
There is no way the on duty cops could have in any way prevented this crime from happening. And when less cops are on duty in the future, this will only get worse. That means that the people will begin to realize the value of being able to protect yourself instead of living in a delusion bubble that out sourcing your personal security to someone else who isn't even around when crime is happening is a good idea.
Friday, July 27, 2018
When stocks react differently than the fundamentals expect [INTC]
Many people think that the so called fundamentals rule stock prices in real time. Those same people are slow to figure out that the fundamentals are only a factor in the calculus and that emotion is a much bigger factor. Nobody wants to get caught holding the empty bag when the Ponzi finally goes bust.
Case in point is the Intel chart (and others like facebook, twitter, etc.). Here is a comment from the Intel stock chat board on Yahoo finance. The name has been scratched out to protect the deluded. This person is watching the shares sink by 8% today on supposedly good news and he thinks there is "nothing to see". He suggests that the since bears have been wrong for years, they will always be wrong.
But on my paid subscriber blog, here has been my wave count for Intel for some time now. It predicted that this expanding wedge had topped at blue [5]:
In case today's breakdown is difficult to see, here is a zoom in. It broke down both the top rail of the expanding wedge and of the smaller rising wedge which made up blue [5] and it did so with gusto and in one fell swoop:
This is an incredible amount of technical damage. Also, look where that recent peak stopped at. It was essentially a gap fill for the dot bomb collapse that the fed never allowed to fully express itself. Well, the new conservative fed is less concerned for saving the stock market than it is for saving the US banking system and these low rates were doing nothing but piling up bad debt on the balance sheets of the banks.
This sell off will not be confirmed to be stockmageddon until we see 5 down from the top and then three back up and then 5 more down to a lower low. But with major Wall St darlings catching no bid and dropping 20 percent in a single day it sure looks like stair steps up is over and elevator down has begun.
Case in point is the Intel chart (and others like facebook, twitter, etc.). Here is a comment from the Intel stock chat board on Yahoo finance. The name has been scratched out to protect the deluded. This person is watching the shares sink by 8% today on supposedly good news and he thinks there is "nothing to see". He suggests that the since bears have been wrong for years, they will always be wrong.
But on my paid subscriber blog, here has been my wave count for Intel for some time now. It predicted that this expanding wedge had topped at blue [5]:
In case today's breakdown is difficult to see, here is a zoom in. It broke down both the top rail of the expanding wedge and of the smaller rising wedge which made up blue [5] and it did so with gusto and in one fell swoop:
This is an incredible amount of technical damage. Also, look where that recent peak stopped at. It was essentially a gap fill for the dot bomb collapse that the fed never allowed to fully express itself. Well, the new conservative fed is less concerned for saving the stock market than it is for saving the US banking system and these low rates were doing nothing but piling up bad debt on the balance sheets of the banks.
This sell off will not be confirmed to be stockmageddon until we see 5 down from the top and then three back up and then 5 more down to a lower low. But with major Wall St darlings catching no bid and dropping 20 percent in a single day it sure looks like stair steps up is over and elevator down has begun.
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