Telling the Tale

ZH preaches:

While the Achilles heel to the endless “economic data” BS coming out of China may be its electric production and demand, both of which show a vastly different picture than what the Beijing politburo’s very wide brush strokes paint, the US itself is not immune from indicators that confirm that anything the BEA dishes out should be taken with a grain of salt. One data set that we showed recently that paints a drastically different (read slowing) picture of the US economy which we noted recently is railcar loading of waste and scrap for the simple reason that “The more we demand, the more waste is generated by that production.” Of course, the propaganda manipulation machinery only focuses on the “entrance” of production, and completely ignore the “exit.” But an even far more important metric of the general health of the US economy may be none other than broad energy demand, in the form of petroleum deliveries and gasoline demand. If this is indeed the relevant metric to observe, then things are about to get far, far worse. As Dow Jones notes: “U.S. petroleum deliveries, a measure of demand, fell by 2.7% in July from a year earlier to the lowest level in any month since September 2008, the American Petroleum Institute, an industry group, said Friday.” It gets worse: “Demand in the world’s biggest oil consumer, at 18.062 million barrels a day, was the weakest for the month of July since 1995, the API said. Year-to-date demand is down 2.3% from the same period in 2011.

Macro factors make a difference. Showing, yet again, that the ‘miracle of China’ is so much bovine excrement.

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Global Movements: Iran

Arctic Patriot outlines a few things that if go into effect, will impact you greatly down the road.

Forget Iran.  Forget Israel.  Forget Iraq, Saudi, Libya, Egypt, Afghanistan, Pakistan…Forget the entire Middle East.  

Really.


Not our world, not our culture, not our business.

Our own tribe is sick and dysfunctional enough.

Should we be attacked by a hostile state, then it’s total war until the threat is gone.  Otherwise, it’s not a fight worth fighting.  I am applying my MHG logic here.  If failure is not an option, win.  If failure is a livable option, do not fight.

“Failure”, that is, a nuclear Iran, clearly is an option.  Why do I say this?  We watched idly as North Korea screamed for attention over its nukes.  Really, is a nuclear North Korea less dangerous than a nuclear Iran?

Why is Israel more valuable to us as an ally than South Korea?  Why is it allowable for South Korea’s aggressive neighbor to have nukes, but not Israel’s?  What is Israel to the US, other than a place to sink billions of dollars in “foreign aid”, stolen from you and I?

I realize this post may make many of you uncomfortable, or even angry.  So be it; it is truth as I see it.

A war with Iran and its unintended consequences in not in the interests of the united States, or their citizens.

It is, however, in the interest of the “US” national government, and their crony-capitalist bedfellows.

A war is exactly the type of band-aid solution the US government traditionally reaches for in desperation.

Good commentary as usual.

 

3x the incentive regarding profits

http://www.two–four.net/weblog.php?id=P5133

Better check before you start thinking along those collectivist lines of, “eeevil oil companies”.

I was reminded of this while tanking up the 4×4, after an afternoon of hiking & shooting with Mrs. Matson.

Three times the incentive. THREE TIMES…