Sunday, 30 October 2011

From 7 Billion People To 500 Million People – The Sick Population Control Agenda Of The Global Elite

 

The United Nations has officially designated October 31st as 7 Billion Day. On that day, the United Nations estimates that the population of the earth will hit 7 billion for the very first time. But instead of celebrating what a milestone 7 billion people represents, the UNPF is focusing instead on using October 31st to raise awareness about “sustainability” and “sustainable development”. In other words, the United Nations is once again declaring that there are way too many people on the planet and that we need to take more direct measures to reduce fertility. In recent years, the UN and other international organizations have become bolder about trying to push the sick population control agenda of the global elite. Most of the time organizations such as the UN will simply talk about “stabilizing” the global population, but as you will see in this article, there are many among the global elite that are not afraid to openly talk about a goal of reducing the population of the world to 500 million (or less). To you and I it may seem like insanity to want to get rid of more than 90 percent of the global population, but there is a growing consensus among the global elite that this is absolutely necessary for the good of the planet.

As we approach October 31st, dozens of articles are appearing in newspapers all over the globe that are declaring what a horrible thing it is that we are up to 7 billion people.

In fact, it surely is no accident that the United Nations put 7 Billion Day on the exact same day as Halloween. Perhaps they want to highlight how “scary” it is that we have 7 billion people on the planet, or perhaps they are trying to send us a message by having 7 Billion Day occur on the same day as “the festival of death”.

In any event, it seems like way too much of a coincidence that 7 Billion Day just happens to fall on the same day as Halloween.

Today, “sustainable development” has become one of the key buzzwords that those in the radical environmental movement love to use, but most Americans have no idea that one of the key elements of “sustainable development” is population control.

So what precisely is considered to be an ideal population for the earth by those pushing “sustainable development”?

Well, of course there is much disagreement on this issue, but many are very open about the fact that they believe that the earth should only have 500 million people (or less) on it.

For example, the first of the “new 10 commandments” on the infamous Georgia Guidestones states the following….

http://www.pakalertpress.com/2011/10/29/from-7-billion-people-to-500-million-people-%e2%80%93-the-sick-population-control-agenda-of-the-global-elite/

Food for thought

 

The folks at the USDA released their projections for 2011/2012-food price inflation. The bad news is that feeding ourselves will cost ~4% more in 2011. The good news is that USDA thinks prices will rise only ~2.5% next year.

I shop (I hate it). My food inflation is closer to 10%. It depends on what you eat. For example, from the report:

Meats, poultry and fish +6%

Seafood +6.5%

Beef +9%

Fresh vegetables +5%

Cooking oils +7.5%


These items are all well above the average set by the USDA. The following kept the index low:

Processed vegetables +1.5%

Beverages +2%


After looking at this I loaded up on canned peas and Coke.

There’s other information at the site I thought was interesting. For example, what’s your guess on the amount spent for food prepared at home and the amount spent on eating out?

Answer: 52% is prepared at home, 48% is purchased and eaten onsite or taken home. Half of what we eat is “out”. I find that to be a surprisingly high number. Behind that 50-50 ratio is, no doubt, the problem with diabetes and obesity.

If you were wondering how the restaurant-bar business did during the depression the USDA has the numbers. My conclusion is that depressions are very bad for eating establishments. It takes a long time for a real recovery in spending habits. It’s also clear that wars are very good for the restaurant biz.

The “eat out” numbers did fall in 2009. But they recovered in 10’ and are headed higher again in 11’. We had recession. A big one. But consumers barely batted an eye. I’m surprised at this result.

The At Home and Away total 2010 food bill came to $1.2T. That makes eating the largest industry in America.

In 1930 19% of all food consumed was Produced at Home. By 1960 that percentage had fallen to 6%. In 2010 it was only 1.6%. While this trend is not surprising, the magnitude of the drop is worth noting. At one time we were a nation of gardeners, today we just do ‘drive through’.

The food we eat makes us sick. The 2010 estimate for food related illnesses came in at a lumpy 76,000,000 people (About ¼ of us get sick every year). These illnesses caused 325,000 hospitalizations and 5,000 deaths. The economic costs of these illnesses came to $152 billion. In other words, the bad food we eat cost us significantly more in 2010 than the combined operations in Iraq and Afghanistan.

It’s not surprising that the US pays less for food as a percentage of income than any other country. But the comparisons are still interesting. The US spends 6.5% of disposable income for food. Poorer countries like Nigeria, Kenya and Cameroon are forced to pay ~45% of incomes to put food on the table. The high population countries are as follows:

Vietnam = 38%

Indonesia = 32%

India = 28%

China = 22%


I find these numbers troubling. There is only one direction for them to go. The developing countries with big populations will see greater gains in income, with that will lead to increased food consumption. Approximately 30% of income goes to food in these areas. It’s hard not to see that this is going to push up the prices the globe pays for everything we eat.

For example, the USDA put the per person food cost in China at $129 in 2000. Today that number is $360 (280% increase). Over the same period the USA consumption increased only 42%.

It’s old news that China and the other big/fast growing populations are consuming an ever-increasing amount of the world's supply. But these numbers are scary big. If the underlying trends continue (why would they not?) then we are headed into supply problems that can only mean rapidly rising prices.

This conclusion gets back to the beginning. Food inflation in America is running today at 5+%. The USDA says the inflation will moderate next year. This is more government hopium. I’ll take the “over” on their numbers. In my view rapid increases over the next decade are baked in the cake.

The most regressive economic consequence is for food inflation to take place. We have 45mm Americans on food stamps and tens of millions of others on the edge. I find it ironic that the Federal Reserve excludes food inflation when setting monetary policy. While the Fed can’t be blamed for rising food costs, they are most certainly stoking the fires.

Bernanke has said he wants to contain inflation (excluding food and energy) at less than 2%. Food inflation is running at double his target. Possibly Ben needs a new Mandate.

.

http://www.zerohedge.com/contributed/food-thought

Fractional Reserve Currency: A Scam, A Pyramid Scheme

 

fractional-reserve-currency-pyramid-scheme

Our current ‘fractional reserve’ currency system is DEPENDENT upon more debt in order to grow. It’s a statement that may sound crazy, but it’s true. If there is less debt in the system, the system itself becomes deflationary, and begins to collapse. Sick, isn’t it?

Every single dollar is borrowed into existence, and it’s owed back with interest.

Michael Maloney, CEO of GoldSilver.com, when speaking about the ‘fractional reserve’ currency system in the short video below, says…

“It’s a scam, it’s a pyramid scheme”

“We pay tax for the privilege to have currency”

“We are going to be experiencing greater changes in this decade than anybody has seen in their lifetimes”

“What your are going to see in this decade is going to be astounding”

While reading comments from others regarding the ‘fractional reserve’ currency system, some say…

If there was a movement to ensure that all 8th graders (or high school seniors – or even college freshmen) truly understood what fractional reserve banking was, or how it operates in the real world, and the toxic consequences of its very practice, many would begin to question almost everything they had been told their entire lives, on the assumption that they were being told the truth.

Fractional reserve banking using inherently worthless fiat currency is the most cunning and destructive ruse that man has ever created.

It is not taught for a reason.

Fractional reserve banking as state doctrine is akin to having a system in place whereby all babies would be born pre-addicted to a potent drug, and then keeping them on that drug for the rest of their lives, withdrawing it or providing it in excess, depending upon what behavior The-Powers-That-Be wanted to induce from the populace.

Fractional reserve banking allows a handful of people to create a broken-willed herd of debt serfs.

…and it is extraordinarily efficient.

Michael Maloney – GoldSilver.com

Click here to view the embedded video.

While I know that the present currency system “is what it is” and we have to operate within it, for now… it is educational to learn more about how this system of creating currency really works.

We can still individually choose to NOT participate by not taking on debt (or, ‘excessive’ or risky debt). NOT taking on debt will NOT feed the system. However, it may possibly lead toward more individual liberty, freedom, and independence while not becoming a debt serf-slave who is beholden to their financial masters (banksters).

I suggest thinking about ‘opting out’.

If you enjoyed this, or topics of current events risk awareness or survival preparedness,
click here to check out our current homepage articles…

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Not Sustainable

 

A greater share of what Americans take in is coming from the government (chart via EconomPic) --

Transfer payment

While more of what they pay out is going towards the necessities --

"Spending and Depression Aren’t Mutually Exclusive" (Real Time Economics)

Maybe the seeming divide between consumer spending and sentiment isn’t as wide as some think.

Although consumer confidence is stuck at recessionary levels, today’s GDP report and other data indicate Americans are still increasing spending.

But, Gluskin Sheff‘s David Rosenberg notes that major components of consumer spending in the third-quarter GDP report came from healthcare and utilities, and did so while the saving rate fell.

“We can understand why consumer confidence has sunk to cycle lows when spending on essentials such as utilities and medical bills have to be funded by drawing down the personal savings rate,” he writes. “It is a sad state of affairs.” --

and fuel (chart via ChrisMartenson.com) --

3-clearview-energy-partners-energy-income-chart

That's bullish, right? [Editor's note: Only if you're an equity trader.]


http://feedproxy.google.com/~r/financialarmageddon/~3/4NkShCRBdfM/not-sustainable.html

The Bins are Watching.

 

It's always struck me as odd that putting stuff into bins counts as fly-tipping. Anyway, apparently it does.
So Shepway District Council have put up shouting lamposts to tell passers-by not to put stuff in the bins they're guarding. These devices also photograph everyone passing, whether they approach the bins or not, and shout at them in case they were thinking of disposing of a sweet wrapper or other evil litter within the bins.
There is Outrage! of course. How dare the council photograph people in public? Erosion of liberties and invasion of privacy!
Well, it's not illegal to photograph anyone in public. Not even if a lamp-post does it. The photographs are a waste of space unless one of them shows someone putting stuff into the bins, which they never will, and the shouting is just going to annoy everyone. Which it does.
An ordinary CCTV would have done the job cheaper. Councils need not worry about the cost because if they run short of cash they can just squeeze the locals for more. It's strange that so much of the Outrage is directed at the photography aspect - don't these people realise how many times they are officially filmed in any public space now? - and so little directed at the utter waste of money implicit in using high-tech specialist gear to check whether anyone is putting rubbish in a bin.
It's not an erosion of liberties. It's just one more camera to add to the thousands filming us all everywhere we go. That aspect of liberty was eroded away to nothing a long time ago. It's not an invasion of privacy. Anyone can photograph anything or anyone in a public place. It's not surprising those newspaper readers don't know this when it seems half the police officers in the country don't know it either. Two Home Secretaries have publically announced that there is no restriction on photography in public places but it seems some police officers wear their helmets over their ears.
What I see here is a council with an attitude rather like that of the kid made playground monitor. They are in charge of those bins and anyone getting too close has to be told off. It doesn't strike me as sinister, it strikes me as really rather sad.
What it won't do is catch fly-tippers. Since they announce the presence of the cameras to every passer-by, anyone who fancies a bit of fly-tipping will invest in a mask. If they had just put up a silent camera they might have caught someone. Nobody would even notice one more CCTV these days. Having it announce its presence simply sets a challenge to the determined dumper of dross, and all they need is a Halloween mask and a muddy numberplate.
These cameras are just a total waste of money. and further evidence that the councils employ idiots. No more, no less.
If we get one around here I'll fill it with pictures of me, centre digit extended.

http://underdogsbiteupwards.blogspot.com/2011/10/bins-are-watching.html

Saturday, 29 October 2011

Summary for Week ending Oct 28th

 

Note: The graphs have been changed. If you click on a graph, a larger image will appear with thumbnails of all the graphs in the post below the larger image. This is very fast and does not use scripting like the previous graph gallery. To close the window, just click on the “X” in the upper right. For RSS readers, just the large image will appear. There are new graph galleries (very fast) that group graphs by topic (I’ll add all the previous galleries soon).
The key story of the week was the European agreement including 1) “develop a voluntary bond exchange with a nominal discount of 50% on notional Greek debt held by private investors”, 2) “to leverage the resources of the EFSF”, and 3) an “agreement … by the members of the European Council on bank recapitalisation and funding”. Here is the Euro Summit Statement. This is short on details, and without ECB support, mostly just “kicks the can” down the road a few more months.
Another key story was the updated HARP refinance program. Here is the statement from the FHFA: FHFA, Fannie Mae and Freddie Mac Announce HARP Changes to Reach More Borrowers. I wrote two short posts about this last week: A few comments on the HARP Refinance Program changes and More on HARP and Housing. I think this will be helpful and reach more borrowers.
I expect more housing related policy announcements within the next month or two, including the mortgage settlement with lenders are servicers, and a pilot program for Fannie/Freddie/FHA REO disposition.
The U.S. economic data was mixed, but seemed to indicate a little improvement. GDP growth was reported at 2.5% in Q3 (real, annualized). That was an improvement from the first half of the year, but still very sluggish.
New home sales were up slightly to a still very low 313 thousand in September. House prices indexes were mixed with Case-Shiller showing a small seasonal increase in prices – although the prices index will start showing declines soon and will probably fall to new post-bubble lows during the winter months.
Two regional manufacturing surveys were released - the Richmond Fed survey showed further contraction, but the Kansas City survey showed slightly faster expansion.
Next week will be very busy including the employment report and the FOMC meeting. I'll have some preview posts tomorrow (and later in the week for employment).
Here is a summary in graphs:
Advance Estimate: Real Annualized GDP Grew at 2.5% in Q3
Click on graph for larger image.
This graph shows the quarterly GDP growth (at an annual rate) for the last 30 years. The dashed line is the current growth rate. Growth in Q2 at 2.5% annualized was below trend growth (around 3%) - and very weak for a recovery, especially with all the slack in the system.
• Real personal consumption expenditures increased 2.4 percent in the second quarter, compared with an increase of 0.7 percent in the second.
• Change in private inventories subtracted 1.08 percentage point.
According to the BEA, real GDP is finally just above the pre-recession peak. The estimate for real GDP in Q3 (2005 dollars) was $13,352.8 billion, 0.2% above the $13,326.0 billion in Q4 2007. Nominal GDP was reported as $15,198.6 billion in Q3 2011.
GDP Percent Previous PeakThis graph is constructed as a percent of the previous peak. This shows when GDP has bottomed - and when GDP has returned to the level of the previous peak. If the indicator is at a new peak, the value is 100%.
At the worst point, real GDP was off 5.1% from the 2007 peak. Now real GDP through Q3 2011 and shows real GDP is back to the the pre-recession peak.
Note: There are really two measures of GDP: 1) real GDP, and 2) real Gross Domestic Income (GDI). The BEA will release GDI with the 2nd GDP estimate for Q3. GDI was back to the pre-recession peak in Q2.
Investment ContributionsThis following graph shows the rolling 4 quarter contribution to GDP from residential investment, equipment and software, and nonresidential structures. This is important to follow because residential investment tends to lead the economy, equipment and software is generally coincident, and nonresidential structure investment trails the economy.
For the following graph, red is residential, green is equipment and software, and blue is investment in non-residential structures. The usual pattern - both into and out of recessions is - red, green, blue.Residential Investment (RI) made a positive contribution to GDP in Q3 2011, and the four quarter rolling average finally turned positive in Q3.
Equipment and software investment has made a significant positive contribution to GDP for nine straight quarters (it is coincident). The contribution from nonresidential investment in structures was positive in Q3.
The key leading sector - residential investment - has lagged this recovery because of the huge overhang of existing inventory. Usually RI is a strong contributor to GDP growth and employment in the early stages of a recovery, but not this time - and this is a key reason why the recovery has been sluggish so far.
New Home Sales increase in September to 313,000
The Census Bureau reports New Home Sales in September were at a seasonally adjusted annual rate (SAAR) of 313 thousand. This was up from a revised 296 thousand in August (revised up from 295 thousand).
This graph shows New Home Sales vs. recessions since 1963. The dashed line is the current sales rate.
The second graph shows New Home Months of Supply.
Months of supply decreased to 6.2 in September. The all time record was 12.1 months of supply in January 2009. This is still slightly higher than normal (less than 6 months supply is normal).
On inventory, according to the Census Bureau:

"A house is considered for sale when a permit to build has been issued in permit-issuing places or work has begun on the footings or foundation in nonpermit areas and a sales contract has not been signed nor a deposit accepted."

Starting in 1973 the Census Bureau broke this down into three categories: Not Started, Under Construction, and Completed.
This graph shows the three categories of inventory starting in 1973.
The inventory of completed homes for sale was at 61,000 units in September. The combined total of completed and under construction is at the lowest level since this series started.
The last graph shows sales NSA (monthly sales, not seasonally adjusted annual rate).
In September 2011 (red column), 25 thousand new homes were sold (NSA). This ties the record low for September set in 2010. The high for September was 99 thousand in 2005.
This was above the consensus forecast of 300 thousand, and was tied the record low for the month of September set last year (NSA). New home sales have averaged only 300 thousand SAAR over the 17 months since the expiration of the tax credit ... mostly moving sideways at a very low level (with a little upward slope recently).
Case Shiller: Home Prices increased Seasonally in August
S&P/Case-Shiller released the monthly Home Price Indices for August (actually a 3 month average of June, July and August).
Case-Shiller House Prices IndicesThis graph shows the nominal seasonally adjusted Composite 10 and Composite 20 indices (the Composite 20 was started in January 2000).
The Composite 10 index is off 32.2% from the peak, and down 0.2% in August (SA). The Composite 10 is 1.0% above the June 2009 post-bubble bottom (Seasonally adjusted).
The Composite 20 index is off 32.0% from the peak, and down 0.1% in August (SA). The Composite 20 is slightly above the March 2011 post-bubble bottom seasonally adjusted.
The Composite 10 SA is down 3.6% compared to August 2010. The Composite 20 SA is down 3.9% compared to August 2010. This is slightly smaller year-over-year decline than in July.
Case-Shiller Price Declines This graph shows the price declines from the peak for each city included in S&P/Case-Shiller indices. Prices increased (SA) in 6 of the 20 Case-Shiller cities in August seasonally adjusted. Prices in Las Vegas are off 59.8% from the peak, and prices in Dallas only off 9.0% from the peak.
As S&P noted, prices increased in 10 of 20 cities not seasonally adjusted (NSA). However seasonally adjusted, prices only increased in 6 cities.
Real House Prices and House Price-to-Rent
Case-Shiller, CoreLogic and others report nominal house prices. However it is also useful to look at house prices in real terms (adjusted for inflation), as a price-to-rent ratio, and also price-to-income (not shown here).
Below are three graphs showing nominal prices (as reported), real prices and a price-to-rent ratio. Real prices are back to 1999/2000 levels, and the price-to-rent ratio is also back to 2000 levels.
Nominal House PricesThis graph shows the quarterly Case-Shiller National Index SA (through Q2 2011), and the monthly Case-Shiller Composite 20 SA (through August) and CoreLogic House Price Indexes (through August) in nominal terms (as reported).
In nominal terms, the Case-Shiller National index is back to Q4 2002 levels, the Case-Shiller Composite 20 Index (SA) is back to June 2003 levels, and the CoreLogic index is back to July 2003.
Real House PricesThe next graph shows the same three indexes in real terms (adjusted for inflation using CPI less Shelter). Note: some people use other inflation measures to adjust for real prices.
In real terms, the National index is back to Q3 1999 levels, the Composite 20 index is back to July 2000, and the CoreLogic index back to June 2000.
In real terms, all appreciation in the last decade is gone.
In October 2004, Fed economist John Krainer and researcher Chishen Wei wrote a Fed letter on price to rent ratios: House Prices and Fundamental Value. Kainer and Wei presented a price-to-rent ratio using the OFHEO house price index and the Owners' Equivalent Rent (OER) from the BLS.
Price-to-Rent RatioHere is a similar graph using the Case-Shiller Composite 20 and CoreLogic House Price Index.
This graph shows the price to rent ratio (January 1998 = 1.0).
On a price-to-rent basis, the Composite 20 index is back to August 2000 levels, and the CoreLogic index is back to July 2000.
In real terms - and as a price-to-rent ratio - prices are mostly back to 2000 levels (nationally) and will probably be back to 1999 levels in the next few months.
Personal Income increased 0.1% in September, Spending increased 0.6%
Personal Consumption ExpendituresThis graph shows real Personal Consumption Expenditures (PCE) through August (2005 dollars).
PCE increased 0.6 in August, and real PCE increased 0.5%.
Note: The PCE price index, excluding food and energy, decreased 0.2 percent.

The personal saving rate was at 3.6% in Setpember.
Personal Saving rateThis graph shows the saving rate starting in 1959 (using a three month trailing average for smoothing) through the September Personal Income report.
Spending is growing faster than incomes - and the saving rate has been declining. That can't continue for long ...
Consumer Sentiment increased in October, still very weak
Consumer SentimentThe final October Reuters / University of Michigan consumer sentiment index increased to 60.9, up from the preliminary October reading of 57.5, and up from 59.4 in September.
In general consumer sentiment is a coincident indicator and is usually impacted by employment (and the unemployment rate) and gasoline prices. In August, sentiment was probably negatively impacted by the debt ceiling debate.
This was still very weak, but above the consensus forecast of 58.0.
NMHC Apartment Survey: Market Conditions Tighten Slightly in Recent Survey
From the National Multi Housing Council (NMHC): Development Ramps Up as Demand Swells Finds NMHC Quarterly Survey
Apartment Tightness IndexThis graph shows the quarterly Apartment Tightness Index.
The index has indicated tighter market conditions for the last seven quarters and although down from the record 90 earlier this year, this still suggests falling vacancy rates and or rising rents.
This fits with the recent Reis data showing apartment vacancy rates fell in Q3 2011 to 5.6%, down from 6.0% in Q2 2011, and 9.0% at the end of 2009. Based on this index, I expect the declines in vacancy rates to slow.
New multi-family construction is one of the few bright spots for the U.S. economy and this survey indicates demand for apartments is still strong.
ATA Trucking Index increased 1.6% in September
Pulse of Commerce Index From ATA: ATA Truck Tonnage Index Increased 1.6% in September
Here is a long term graph that shows ATA's For-Hire Truck Tonnage index.
The dashed line is the current level of the index.
Sluggish growth after stalling earlier this year ...


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