Sinister History: JFK Assassination 101 with Larry Hancock and Carmine Savastano Part I – The Ochelli Effect (03/24/2017)

Assassination 101 with Larry Hancock and Carmine Savastano.

Where do you begin? This show helps.

We give you the baseline to begin examining the events of November 22, 1963 with two authors keeping Chuck on track while the basics of the case are offered. A call-in from Steve Roe also develoes the Jack Ruby story a bit in the
second hour. This is part 1 of a new sub-series to Sinister History on The Ochelli Effect.

To subscribe to the Ochelli Effect podcast and get the reference links for this show go to the original post for it here.

Our Stock Market Bubble and the Weirdness Inside DC – Mike Swanson (03/22/2017)

Last night I did this interview on The Ochelli Effect. Following my segment JP Sottile of talked about the weirdnes in DC.

You can listen to his an MP3 download by clicking here.

Yesterday the S&P 500 fell over 1%…first time in 109 days – which is a record.

Last week I talked about how the US stock market is essentially a big financial bubble with the bond market being perhaps the biggest bubble in world history as government debt reached negative yields in some countries last year.

TLT went up and JNK down – WATCH JNK.

Watching potential stock market top to trade – but safest play anyone can do is 10% in gold/silver.

You may want to go to the interview from last week and see the charts and data I talked about in it by going:

Here Is The Evidence that We Are In Another Financial Bubble: Ochelli Effect Show – Mike Swanson (03/15/2017)

Just put it to you this way 29 X….vs 7 X…..

I plan on talking about the big picture when it comes to the financial markets and the economy and some of the most interesting resources and books I have read over the years that has helped me understand the big picture.

Interesting comments in this book to set the stage…reading whole book not worth it, page.

The End of Alchemy: Money, Banking, and the Future of the Global Economy – Mervyn King

King was Governor of Bank of England from 2003-2013….

Alchemy = transforming “risk into safety.”

relationship of money and banking

his talk on US dollar before 2008

“liquidity is an illusion”

QE = elevated markets, helps the rich, but causing social instability – problems with EU.

He sees we are in a period of “low demand and weak growth”

Central banks as “lendor of last resort” are “a massive implicity subsidy to risk-taking by banks.”

(And today for the stock market player too)

In his view unsustainable – page 323 end game – “In the long run, these key prices – real interest rates, real exchange rates and the price of tradeable versus non-tradeable goods – must adjust to a new and sustainable equilibrium. If governments do not allow that to happen, then the debts and credits that have built up during the interim period of disequilibrium will eventually have to be canceled.”


Everyone know a crisis was coming 5%+

This Time Is Different: Eight Centuries of Financial Folly

How we Got here – Nixon in 1971

The Global Minotaur: America, Europe and the Future of the Global Economy (Economic Controversies) – Yanis Varoufakis

“The crash of 2008 was what happened when a beast I call the Global Minotaur was critically wounded. While it ruled the planet, its iron fist was pitiless, its reign callous. Nevertheless, so long as it remained in rude helath, it kept the gobal economic in a state of balanced disequilibrium. It offered a degree of stability. But when it fell prey to the inevitable, collapsing into a comatose state in 2008, it plunged the world into a simmering crisis. Until we find ways to live without the beast, radical uncertainty, protracted stagnation, and a revival of heightened insecurity will be the order of the day.”

The Great Deformation: The Corruption of Capitalism in America – David Stockman

WHY – There is a hidden fear the central bankers have had since 1972…That no one understands…

Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve – William Fleckenstein

Fed Transcripts – No one is flying the airplane:

Federal Reserve Transcripts…

For Fed cycle of bubble – raise and hope – drop and panic….

But this time bonds likely to fall too…..

The Big Short Movie and Book….

September 2007 Fed Housing and Monetary Policy Report

Miskin Report – Crunch Time Published in 2013

It begins with an abstract summary of what is to come in the rest of its 94 pages.

The summary contains these lines:
“We analyze the recent experience of advanced economies using both econometric methods and case studies and conclude that
countries with debtabove 80% of GDP and persistent current account deficits are vulnerable to a rapid fiscal deterioration
as a result of these tipping point dynamics. Such feedback is left out of current long-term U.S. budget projections and could
make it much more difficult for the U.S. to maintain a sustainable budget course. A potential fiscal crunch also puts fundamental limits on what monetary policy is able to achieve.
In simulations of the Federal Reserve’s balance sheet, we find that under our baseline assumptions, in 2017-18the Fed will be running sizable income losses on its portfolio net of operating and other expenses and therefore for a time
will be unable to make remittances to the U.S. Treasury. Under alternative scenarios that allow for an emergence of fiscaconcerns, the Fed’s net losses would be more substantial.”

Reports simply not reported anywhere.

Saving grace rest of the world is just as bad off or worse….

The Big Short Movie and Book….depicts reality of the “smart” Wall Street big money guys…

CDO manager: