Posts by BarryFerguson:

    Is Bitcoin a Fraud?

    September 27th, 2017

    By Barry Ferguson.

    Is bitcoin a fraud? Jamie Dimon, CEO of JP Morgan Bank thinks so. That’s what he called bitcoin at a bankster meeting yesterday. Funny, if anyone should know fraud when they see it, it is Mr. Dimon.Mr. Dimon’s bank deals in possibly the biggest fraud paper ever known – Federal Reserve Notes. Let’s compare federal reserve notes with bitcoin.

    Federal reserve notes are printed at the whim of the Federal Reserve Bank. Of course, the Federal Reserve Bank is neither ‘federal’ nor a ‘reserve’ nor a ‘bank’. They are a banker cartel that robs money in the form of debt, interest and inflation from uninformed citizens, drains economic power from sovereign states, and disburses loans and cash (bailouts) to their bankster partners. The federal reserve notes they print are used as currency. This is the paper printed at the whim of the Federal Reserve Bank with infinite powers of unlimited printing. There is nothing behind the paper. Nothing. And, due to the Fed’s ceaseless printing, the currency continues to lose purchasing power due to the accompanying inflation. Mr. Dimon likes this form of currency.

    Bitcoin is a concept and does not actually exist. Well, only in cyber-space. Bitcoin is known as a ‘cryptocurrency’ because it can be used a medium of exchange. That is, at least for now. I’m sure that most banksters would like to see any competition for their central bankster money outlawed. Yes, that includes gold and silver if defined as money.

    Bitcoin can be purchased, or exchanged, for any other currency including US dollars. Bitcoin has several advantages over central bank currency.

    One, bitcoin is not issued by central banks and its value is not directly controlled by those banks. Traded via the Internet, Bitcoin prices move with buyers and sellers.

    Two, bitcoin is meant to be, and is theoretically, finite in supply. Therefore, its intrinsic value cannot be deflated due to constant supply increases.

    Thus, we have common sense reasons to buy bitcoin. Even if we don’t view it as currency, it can be like anything that is finite in supply – a collector’s asset. Therefore, bitcoin will have a value and that value will be set by a market of buyers and sellers. What an incredible concept this is!!

    So, can we answer our question, ‘Is bitcoin a fraud’? Mr. Dimon thinks so. He also went on to say that he would fire any of his traders if he caught them dabbling in bitcoin for being stupid. Keep in mind that JP Morgan was bankrupt ten years ago and only exists today due to the biggest fraud ever perpetrated – the Federal Reserve Bank coup de etat of the US and the subsequent bank bailouts of 2008.

    In my opinion, nothing could be more fraudulent than federal reserve notes. Not even bitcoin. I don’t think Mr. Dimon should even go there.

    But for fairness, let’s go to the charts. Charts tell us what people actually do with their money. Below is a one-year chart of JP Morgan Bank in red and a bitcoin ETF (GBTC) in black. The GBTC seems to track the value of bitcoin pretty well.

    1-year JPM in red, GBTC in black
    Chart courtesy

    Yes, the red line shows us that JP Morgan stock price has appreciated some 40% in the last year. Great, Mr. Dimon! But had your traders been, well…, stupid and put money in the GBTC (bitcoin), their trade would so far have appreciated some 520%. Now, I’m not a smart bankster like Mr. Dimon but the black line is still beating the red line by a lot! Maybe Mr. Dimon is just a bit jealous?

    The steep drop in GBTC leaving it only up 520% in the last year is likely due to one, the Chinese attempting to limit bitcoin trading in China and two, Mr. Dimon himself calling bitcoin a ‘fraud’.

    Where will bitcoin go from here? It’s really anybody’s guess as banksters bad-mouth bitcoin and central banksters conspire to constipate bitcoin trading exchanges. But, like anything finite in supply, it will likely retain some kind of value.

    On the other hand, the paper that Mr. Dimon likes and peddles will undoubtedly continue to lose value over time as long as there is a central bank creating supply out of thin air.

    The bottom line is this. Whether or not bitcoin is fraud matters not. Our global economy is based on fraud. Fraud is all we have. So go with it!

    Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.

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    Is Bitcoin a Fraud?

    September 14th, 2017

    By Barry Ferguson. 


    Is bitcoin a fraud? Jamie Dimon, CEO of JP Morgan Bank thinks so. That’s what he called bitcoin at a bankster meeting yesterday. Funny, if anyone should know fraud when they see it, it is Mr. Dimon.

    Mr. Dimon’s bank deals in possibly the biggest fraud paper ever known – Federal Reserve Notes. Let’s compare federal reserve notes with bitcoin.

    Federal reserve notes are printed at the whim of the Federal Reserve Bank. Of course, the Federal Reserve Bank is neither ‘federal’ nor a ‘reserve’ nor a ‘bank’. They are a banker cartel that robs money in the form of debt, interest and inflation from uninformed citizens, drains economic power from sovereign states, and disburses loans and cash (bailouts) to their bankster partners. The federal reserve notes they print are used as currency. This is the paper printed at the whim of the Federal Reserve Bank with infinite powers of unlimited printing. There is nothing behind the paper. Nothing. And, due to the Fed’s ceaseless printing, the currency continues to lose purchasing power due to the accompanying inflation. Mr. Dimon likes this form of currency.

    Bitcoin is a concept and does not actually exist. Well, only in cyber-space. Bitcoin is known as a ‘cryptocurrency’ because it can be used a medium of exchange. That is, at least for now. I’m sure that most banksters would like to see any competition for their central bankster money outlawed. Yes, that includes gold and silver if defined as money.

    Bitcoin can be purchased, or exchanged, for any other currency including US dollars. Bitcoin has several advantages over central bank currency.

    One, bitcoin is not issued by central banks and its value is not directly controlled by those banks. Traded via the Internet, Bitcoin prices move with buyers and sellers.

    Two, bitcoin is meant to be, and is theoretically, finite in supply. Therefore, its intrinsic value cannot be deflated due to constant supply increases.

    Thus, we have common sense reasons to buy bitcoin. Even if we don’t view it as currency, it can be like anything that is finite in supply – a collector’s asset. Therefore, bitcoin will have a value and that value will be set by a market of buyers and sellers. What an incredible concept this is!!

    So, can we answer our question, ‘Is bitcoin a fraud’? Mr. Dimon thinks so. He also went on to say that he would fire any of his traders if he caught them dabbling in bitcoin for being stupid. Keep in mind that JP Morgan was bankrupt ten years ago and only exists today due to the biggest fraud ever perpetrated – the Federal Reserve Bank coup de etat of the US and the subsequent bank bailouts of 2008.

    In my opinion, nothing could be more fraudulent than federal reserve notes. Not even bitcoin. I don’t think Mr. Dimon should even go there.

    But for fairness, let’s go to the charts. Charts tell us what people actually do with their money. Below is a one-year chart of JP Morgan Bank in red and a bitcoin ETF (GBTC) in black. The GBTC seems to track the value of bitcoin pretty well.

    1-year JPM in red, GBTC in black

    Chart courtesy

    Yes, the red line shows us that JP Morgan stock price has appreciated some 40% in the last year. Great, Mr. Dimon! But had your traders been, well…, stupid and put money in the GBTC (bitcoin), their trade would so far have appreciated some 520%. Now, I’m not a smart bankster like Mr. Dimon but the black line is still beating the red line by a lot! Maybe Mr. Dimon is just a bit jealous?

    The steep drop in GBTC leaving it only up 520% in the last year is likely due to one, the Chinese attempting to limit bitcoin trading in China and two, Mr. Dimon himself calling bitcoin a ‘fraud’.

    Where will bitcoin go from here? It’s really anybody’s guess as banksters bad-mouth bitcoin and central banksters conspire to constipate bitcoin trading exchanges. But, like anything finite in supply, it will likely retain some kind of value.

    On the other hand, the paper that Mr. Dimon likes and peddles will undoubtedly continue to lose value over time as long as there is a central bank creating supply out of thin air.

    The bottom line is this. Whether or not bitcoin is fraud matters not. Our global economy is based on fraud. Fraud is all we have. So go with it!


    Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article. 


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    The Yoke Of Stupidity Is Strangling America

    January 25th, 2017


    By Barry Ferguson.


    California Governor Brown says the state budget deficit is growing and one of the reasons is the minimum wage increase that state voters just approved. Duh! State government worker pay is tied to minimum wages and as minimum wages go up, so too do government wages. That means the state government has to increase expenses and that calls for even higher taxes. Those extra taxes might be hard to raise as survey out revealed that in states and municipalities that elected to raise minimum wages, 75% of business respondents reported they were cutting back on hours and employees as a result. Duh! Can humans get any stupider? From my last post, the governor and the voters should have listened to the smartest man in California, Simon Salazar.

    Well, unfortunately, Einstein himself once mused that human stupidity was probably infinitesimal. Witness the anti-Trump movement.

    Trump is Racist

    One issue these people have with President Trump is they believe he is racist because he wants to ‘build a wall’ on the US – Mexican border. Ignorance is a limitation of access to knowledge. Stupidity is an inability to comprehend knowledge.

    The truth is thus. The US – Mexican border is almost 2,000 miles long. It may come as a shock to the anti-Trump people but there is already some 650 miles of wall or fence currently erected on the border. The ‘wall’ is about one-third built already. How did it get there?

    The Secure Fence Act 2006 made it so. Signed into law by President Bush, the legislation approving the wall passed the Senate by a vote of 80 – 19. While the anti-Trump people vehemently denounce Trump as a racist for pledging to complete the wall, there were two Senators who voted in favor of the wall who these same anti-Trump people support. These two senators were then-Senator Obama and then Senator Clinton. Of course when both of these senators ran for higher office, they adopted the strategy of pandering to their electorate and told them another story. Their electorate, being of simple mind, bought their line. And, fake news sources like CNN and all other media shills never brought up the original vote for a wall. Remember, this was 10 years before Donald Trump decided to run for the presidency!

    Okay, so now Mr. Trump has been elected to the Presidency. The anti-Trump movement rooted in complete ignorance and cognitive oblivion continues.

    Trump Approves of the KKK

    Yes, the Ku Klux Klan backed Mr. Trump but he publicly disavowed that support numerous times. There is even a video of a pre-election speech in which a person standing behind Mr. Trump sports a shirt that says, ‘KKK Supports Trump’. This caused a bit of a disruption. Mr. Trump stopped his speech, walked over to the person wearing this shirt, stared at him with disgust for a few moments, and returned to the microphone to say, “You know in the old days law enforcement would respond to such things much quicker.” Mr. Trump wanted this person expelled. What more does anyone need? Saying the KKK supported Trump is the same as saying the Black Panthers supported Mr. Obama. To say either man is racist because of this is foolish. In a free country, citizens can support whom they choose.

    Trump the Misogynist

    The anti-Trump women are protesting and marching because they put the label of misogynist on Mr. Trump. The word actually means a ‘hatred of women’. By Mr. Trump’s actions over the years, it would seem to the observer that Mr. Trump would be more of a ‘playboy’ than misogynist. That term does not fit. Further, Trump haters clearly backed Ms. Clinton in the presidential election. Have they ever heard of Ms. Clinton’s husband, Bill? Not only did Bill do everything Mr. Trump supposedly did, Bill left evidence behind. Yet, it would seem that as long as one belongs to the right political party, one can act as they please and not be subject to the same criticism. While we are in the gutter, Hillary Clinton’s treatment of her husband’s accusers (and there have been many) would hardly qualify as a defense of women who have been groped, molested, or even perhaps raped. As an attorney, Ms. Clinton even successfully defended a man accused of raping a 12-year old girl that she at least suspected was guilty. Her client passed a lie detector test after which Ms. Clinton reported a loss a faith in lie detector tests.  

    Marchers put on a good showing in the days following President Trump’s inauguration. They donned pink hats (that were no doubt knitted from yarn made by slave women or women working in near slave-like conditions in poor nations), shouted slogans, and left a pile of trash for the tax-payers to clean up. One of the speakers so offended by Mr. Trump’s treatment of women was the stripper/tramp/singer Madonna. While uttering expletives at Trump supporters, maybe Ms. Madonna should have sang one of her songs from which she made lots of money. I would suggest the following:

    From  the song ‘Hanky Panky’ –

    ‘Some girls, they like candy, and others, they like to grind,

    I’ll settle for the back of your hand somewhere on my behind.

    Treat me like I’m a bad girl, even when I’m being good to you,

    I don’t want you to thank me, you can just spank me. Mmm.’


    …and another verse –


    ‘Please don’t call a doctor, ’cause there’s nothing wrong with me,

    I just like things a little rough and you better not disagree.

    ‘Cause I don’t like a big softie, (no), I like someone mean and bossy,

    Let me speak to you frankly, you better…’


    Gee, it sounds like the last verse kind of glorifies the kind of person they accuse President Trump of being.

    But in the end, it is Ms. Madonna I feel most sorry for. Being the vulgar person that she is, she had offered to, well…, perform a ‘Monica Lewinsky’ act on any person (males in particular I think) who voted for Ms. Clinton. Maybe this is why Ms. Madonna is so mad now. She was rejected in mass!

    The Pelosi

    No discussion of stupidity can be complete without a mention of the Pelosi. Ms. Pelosi attended the inauguration of Mr. Trump sporting a lapel button that read something to the effect of ‘save our healthcare’. I have comfort for Ms. Pelosi and all the dumbocrats. Obamacare will be changed. But fear not. A few selected redumblicans will convene in secret behind closed doors, emerge with a healthcare bill, and it will be passed completely by redumblicans without a single dumbocrat vote. And don’t worry. No one needs to read the new bill. It will have to be passed first so we can see what’s in it. But most of all, it will be affordable. It will be affordable. It’s affordable. Affordable, affordable, affordable – your eyes are getting heavy. You are getting very sleepy. You will now fall for anything I say and you will be completely subservient so that one day you will march in protest of issues you don’t understand with signs displaying your stupidity…

    Oh, wait a minute! I thought I was part of a political party movement there and I was falling for the brainwashing. As readers know, I am my own political party and I am my party’s proverbial presidential nominee. I am the only nominee who has all the solutions for the country. Firstly, the Federal Reserve Bank must be terminated and if I had been elected, that would would have been accomplished on the afternoon of my inauguration.

    But let’s get back to our question. Why is there a yoke of stupidity strangling america? Is it human intellectual de-evolution at work? It would seem so when groups allow cognitively constricted people like Madonna and Ashley Judd to speak for them.

    But let’s not insert opinion for fact.

    Complete stupidity is holding true to two diametrically opposed thoughts on the same subject.

    The Anti-Christ

    Many Trump protestors believe Mr. Trump to be both the anti-Christ and a war monger. The Bible tells us the anti-Christ will be perceived at his/her/its emergence as a peace maker. Mr. Trump cannot be both a peace maker and a war monger.

    Peace and Diversity

    While protesting and marching with signs reading ‘Love Trumps Hate’, the demonstrators smashed the windows of businesses, burned cars, and even set a pro-Trump supporters hair on fire. What happened to love and inclusion and peace that these people supposedly support? How can you proclaim to embrace inclusion and then set someone on fire who disagrees with you?

    Trump the Dictator

    Trump protestors rail against Mr. Trump acting as a dictator or tyrant. Yet, for eight years they supported a president who acted as such. These people were obviously okay with Mr. Obama exercising extraordinary powers of the presidency but when someone else does so, they get mad. Mr. Obama set a precedence. Mr. Trump will thank him later. And does anybody remember 2012? Of course not. Humans have lost the ability to accurately recall anything in the past. Since I resigned from the species years ago, I somehow retained my ability to recall memories. Dr. Ron Paul said something in the 2012 debate for the presidency that was so profound it went over the heads of humans. Dr. Paul said basically, ‘I’m the only person on this stage that is arguing for the President to have less power and not more.’ God bless Dr. Paul! That’s the way the US Constitution framed the presidential powers as well. Yet, those who oppose Mr. Trump and his new almost limitless presidential powers gave him that power by supporting Mr. Obama’s efforts over the last eight years. What goes around comes around. These people should have voted for Dr. Paul when they had a chance!


    Mr. Trump’s protestors rail against his stance concerning immigration. Yet, the protestors don’t seem to realize that Mr. Obama deported, returned, refused more immigrants than any president in US history and Ms. Clinton supported all that. Within that argument, the government under Mr. Obama continued to obfuscate the issue by changing definitions and changing terms in dealing with immigration. Statistics therefore became fungible and Mr. Obama ruled in a regime of secrecy and deceit. Oh, in case any of the dumbocrats are interested, tens of thousands of the people deported by Mr. Obama were of Muslim faith.

    Feeling safe.

    Trump opponents claim they no longer feel ‘safe’. What makes anyone in the US ‘safe’ is the foundation of law – the Constitution. It was written and implemented to empower citizens and visitors alike to feel safe from governmental assault.

    A review of Mr. Obama’s constitutional abominations follow:

    The first amendment gives us the right of expression and free speech.

    The fact that Obama doubled the national debt in his term is now considered a racist statement as is any criticism of his policies. Check college campuses for free speech. It no longer exists.

    The second amendment gives us the right to own and brandish weaponry for our protection.

    Through false flag operations and CIA ‘Manchurian operatives’ the Obama team tried relentlessly to confiscate guns.

    The third amendment prohibits the military from occupying our homes.

    The military has been given extraordinary powers to the point where it would not be a stretch for any of us to realize that they could invade our homes in the name of fighting ‘terrorism’.

    The fourth amendment prohibits the government from confiscating privately owned property without justification.

    The government now sanctions ‘search and seizure’ operations on the part of law enforcement and the terrorist organization known as the DEA even though Obama’s own Attorney General said it was illegal. Yet, under the guise of fighting the drug war, the government can seize personal property for ‘suspicion’ of illegal activities without presenting charges, arrest, or trial. Billions of dollars of assets have been seized from citizens over the past eight years without charge or trial.

    The fifth amendment gives citizens the right to due process of law in cases of legal infractions.

    By signing the NDA into law, Obama gave the military the right to kill US citizens, capture them, take them anywhere in the world, hold them captive forever, deny them legal representation, and even torture them.

    And so on and so on. Yet, Mr. Obama tried valiantly during his eight years of reign to erase every word of the Constitution. This is why none of us are safe anymore.

    A nation cannot survive such ignorance and stupidity. President Trump has a lot of work to do and we should all wish him success. However, the populace is profoundly ignorant and sadly content with the yoke of stupidity draped over their necks. The country seems ideologically divided but worse, it seems divided by stupidity. If we remain divided, we will all fail. Maybe I am doing my part by bringing out the truth.  

    Finally, for those who refuse to acknowledge the truth about global geo-engineering and the effect the constant aerosol spraying of heavy metals into our atmosphere by the ‘global force for good’ is having, below is a link to an article by Dane Wigington with a couple of photos we should all see. Go to the article and scroll down a bit to see a satellite photo of Earth in 1972 and another NASA photo from 2015. The difference is clear. At least, the Earth was more clear in 1972 and today the same photos look like there is a cataract around the planet. The link:

    After reading this article, feel free to educate our dumbocrat and redumblican friends. Peace to brothers and sisters of truth!

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    Obama Leaves, Hope Arrives, Will Stupid Stay?

    January 17th, 2017

    By Barry Ferguson.


    Obama’s presidential term will mercifully expire on 1/19/17. Hallelujah! He can quickly descend to his correct historical position as the second worst leader in american history beside the 28th president, Woodrow Wilson. Why is Wilson the worst leader ever? A brief synopsis follows.

    1 – Wilson ceded power to the Federal Reserve Bank in 1913 (an un-Constitutional act)
    2 – Wilson gave us the 16th Constitutional Amendment giving the federal government power and authority to seize taxation from payrolls (another un-Constitutional act)
    3 – Wilson injected the US into WWI at the delight of the central bankers who were kind enough to loan money for the butchery of humans around the globe.
    4 – Wilson showed the first film in the White House. It promoted the good work of the KKK.

    I could go on.

    Obama’s list of acts deleterious to the well-being of a free people is just as long and nearly as damning.

    1 – Obama delighted his central banker masters by doubling the national debt to the current $20 trillion.
    2 – Obama continued his Richard Nixon impersonation by cloaking government operations in a veil of secrecy, deceit, and despotism.
    3 – Obama surrounded himself with appointed government officials whose level of corruption and criminal behavior would make Al Capone blush. See Hillary Clinton as Secretary of State for example.
    4 – Worst of all, Obama promoted the expansion of a New World Order as he tirelessly worked to denigrate the american work ethic, sign trade deals that did not benefit americans, redistribute wealth to the top 1% (mostly his rich banker friends), and nationalize the country’s health care system.
    5 – Obama’s international efforts speak for themselves – see Syria, Libya, etc.
    6 – And as he leaves office, Mr. Obama seems intent on picking a fight with Russia and China. Like Wilson, Obama likes war. His two terms have been dominated with constant war.
    7 – Like his twin brother, George Bush, Mr. Obama has continued to foment trouble around the globe by developing, equipping, and funding ‘terrorist’ so the populace becomes so afraid they surrender all rights and liberties to the Illuminati.
    8 – The NDA. This government agency is exactly what the Fourth Amendment to the US Constitution sought to prohibit.

    Again, I could go on.

    Now President-elect Donald Trump prepares to take office. Like a gasp of oxygen to a drowning man, hope has returned to at least half of america (the half that works at a business). Upon Mr. Trump’s victory, consumer confidence rose, small business confidence rose, stock index prices rose dramatically, and hope for something better than the last 20 years of idiocy is abounding. Of course, those voters who prefer to have a government bureaucrat pin up their diapers and heat their pabulum do not share the same hope.

    True liberty can be scary. True stupidity is even scarier. Unfortunately, Mr. Trump was so right when during a debate he said that america was run by “…very, very, stupid people.”

    It wasn’t easy but I found a smart person. His name is Simon Salazar. Mr. Salazar is not just smart. He is brilliant. He should be our president. At least, he should be the head of Mr. Trump’s economic team.

    Simon Salazar was born in California. He is currently 40-years old and is easily the smartest person I have ever read about residing in that state. Yet, he works on a raisin farm as a mechanic in the central agricultural valley. I read about him in the December 2016 edition of Smithsonian magazine. Dale Maharidge wrote an excellent article titled ‘American Ballad’ in which he described the lives of the working poor in america. This is how I learned of California’s smartest man – Simon Salazar.

    How do I assess Mr. Salazar’s intellect?

    First, the author asked Mr. Salazar if he was poor. Mr. Salazar thoughtfully explained the relative nature of the word ‘poor’. He explained that while a lot of other people seemed to have more possessions, those people borrowed money for those possessions and therefore didn’t really own them. In contrast, what little Mr. Salazar had, he owned. He had no debt.

    Second, I thought the Earth itself would wobble when I read Mr. Salazar’s next musing. The article’s author had interviewed different people from coast to coast who were members of the working poor. He offered a ray of hope to Mr. Salazar that his state, California, had just voted to increase the minimum wage in the state. Mr. Salazar shrugged his shoulders. The author inquired as to why there was no joy. Then Mr. Salazar shared his genius. His reply to the increased minimum wages? “The cost of everything will just go up.” Simon Salazar did not expect higher minimum wages to put any additional dollars in his pocket. Wow!

    Why is it that a poor, undereducated, raisin farm mechanic knows more about economics than anyone else in the state of California or Washington, DC? Because he lives economics. He likely has grease under his finger nails and callouses on his hands. In other words, Mr. Salazar works for a living. He doesn’t sit in an ivory tower of idiocy on some college campus espousing foolish politics and erroneous economic theories. Nor is he a corrupt politician. How did Mr. Salazar become so smart? Why is this man working on a raisin farm while his intellectually inferior citizens run governments and schools? Why aren’t the imbeciles teaching at indoctrination centers like UCal-Berkeley not taking notes on every utterance of Mr. Salazar? As I pointed out in a previous post, raising minimum wages is pointless in an economy in which the central bank perpetually tries to boost inflation by at least 2% per year. At that rate, even a doubling of minimum wages would be completely inconsequential in less than a generation.

    Of course federally mandated and state mandated minimum wage increases don’t really help the poor people make more money. Increased wages without a commensurate increase in productivity is useless. Mandated wage increases are designed to do two things.

    1 – It is a way for government elected officials to pander to the ignorant progressives (sorry for the oxymoron).
    2 – It is a way to deceitfully raise taxes on business, employers, and employees (higher pay results in higher taxes).

    This issue is an example of stupid people leading other stupid people. Yes, Mr. Obama is finally leaving but will he take stupid with him? Mr. Trump is arriving but will hope lead to prosperity? Stock indexes can rally on hope for quite a while before succumbing to reality. Unless Mr. Trump appoints Mr. Salazar to his economic team, I suspect hope will eventually fade.

    The chart below graphically shows investor despair mounting back in November as it was widely believed that Hillary Clinton would be elected president. Stock indices were beginning to roll over. Twelve of the fifteen trading days leading up to the election were negative days for stocks. Then, as soon as it was apparent that Mr. Trump had secured enough non-Californian votes to win the presidency, stocks took off. In my opinion, this happened partly because of the hope presented by a Trump presidency but also because of the seasonality effect. The chart is the S&P 500.

    Again, from a previous post, over the past few decades almost all stock gains occur in the final quarter of the year. Again, as Mr. Trump has said, the system is rigged. Nevertheless, enjoy the rally until it is no more. Eventually we will all have to deal with reality and the embarrassing legacy of an Obama attempt to make america a third world nation. See the chart for the truth.

    6-month SPX
    Chart courtesy

    And now, for the stupidest human of the week, I offer Jim Kenney, Mayor of Philadelphia. To fight obesity, he helped pass a ‘soda tax’ of 1.5 cents per ounce of soda effective 1/1/2017. He expected wholesalers and retailers to bear the brunt of the tax increase. They did not. They raised prices. Mr. Kenney was surprised. Mr. Kenney said it was “wrong” and “misleading” for businesses to pass the tax on to their customers in the form of higher soda prices. Don’t all businesses pass on expenses to the customer so the business can make a profit and continue to pay employees? Yet another liberal ‘progressive’ has shown their profound misunderstanding of business. How can humans get this stupid? Is it de-evolution at work? This is another example of why writer H.L. Mencken said democracies eventually fail. It is the stupidity of the electorate that puts people like this in office. Mr. Mencken’s quote is: “On some great and glorious day the plain folks of the land will reach their heart’s desire at last, and the White House will be adorned by a downright moron.” Mission accomplished!!

    Yes, Obama might be gone and Trump might be arriving, but it looks like stupid is with us forever as there appears to be no cure.

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    Liberal Hypocrisy On Display

    November 21st, 2016



    By Barry Ferguson.


    Readers have probably read the story reporting that clothing designer Sophie Theallet has declined to outfit Ms. Trump and is encouraging other designers to do the same. Ms. Theallet happily supplied clothing designs for Ms. Obama.

    Ms. Theallet said, “We consider our voice an expression of our artistic and philosophical ideas.”

    Isn’t is odd that Christians who disagree with those who practice homosexuality are forced by the ‘diversity embracers’ to bake wedding cakes for gay couples regardless of their ‘philosphical ideas’?

    She went on to say, “As one who celebrates and strives for diversity, individual freedom and respect for all lifestyles, I will not participate in dressing or associating in any way with the next First Lady. The rhetoric of racism, sexism, and xenophobia unleashed by her husband’s presidential campaign are incompatible with the shared values we live by.”

    This lady supposedly celebrates diversity but aren’t sexist, racist, xenophobic people part of our diverse population? Seems to me that Ms. Theallet is just as discriminating as everyone else. She is just choosing who she does business with. I for one, agree that all business people should be able to decide for themselves with whom they do business. Bravo, Ms. Theallet! By the way, I don’t think Ms. Trump really needs, nor has asked, for your services.

    Ms. Theallet described dressing Ms. Obama as “…a highlight and an honor. She has contributed to having our name recognized and respected worldwide. Her values, actions, and grace have always resonated deeply within me.”

    ‘Values’ and ‘actions’ ‘resonate deeply with me’? Please.

    If Ms. Theallet cared to read something once in a while, she might find Ms. Obama’s tenure at the University of Chicago Medical Center serving as ‘Vice President of Community and External Affairs’ an interesting read.

    While in her position of power at a hospital, Ms. Obama made up to $300k full-time (ever wonder why your hospital bill is so high?) and then $100k part-time (as her husband entered the presidential race). What did she do there?


    Ms. Obama helped create a program to send poor patients to community hospitals while reserving space at her own hospital for richer, more insurance paying patients. This is called ‘dumping’. The euphemism for this practice of sending poor people to less affluent hospitals is called ‘re-directing’. President Reagan made this illegal with the 1986 Medical Emergency Labor and Treatment Act. Ms. Obama was obviously not concerned with law. Only profits. And, she got paid well for her service.

    People like Ms. Theallet all seem to be the same robotic, narcissistic, arrogant, ignorant mentality. That all think they know something but their thoughts reveal they know nothing. Logic does not exist in their brains. Their mind is made up and they do not want to hear facts. People who espouse a desire for diversity seem to discriminate as much as everyone else. They just think they are better than everyone.

    Get a clue, Ms. Theallet. The world ain’t all black and white and right and wrong. There is a lot of mess in there and real heroes are very hard to find.   

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    The Revolution Of The Deplorables

    November 14th, 2016


    By Barry Ferguson.


    “I look to a day when people will not be judged by the color of their skin, but by the content of their character.” – Dr. Martin Luther King


    Unfortunately, we live in an age of profound ignorance and stupidity. Students of color attending UCal-Berkeley decided they needed a ‘safe place’ on campus so they have prevented students not of their same color from passing into their selected zone. They shouted, ‘Go around!’. Isn’t that the same message Rosa Parks heard on buses until she decided to raise her own rebel flag and take a seat. It seems that those who claim to abhor racism are the racists. Bigots come in every color.

    As Einstein said, human stupidity is likely to be infinite.

    Everyone should watch the comic genius of Dave Chapelle and his skit of Clayton Bigsby, White Supremest. He captures the insane stupidity of bigotry.

    Now Donald Trump has captured the White House. This is the revolution of the deplorables, as Ms. Clinton framed Trump supporters. Clinton supporters seem surprised but they have their own ignorance and bigotry to blame. When one depends on ‘Mirror, mirror on the wall – who is the fairest of all’ as the only source of information on one’s looks, one should not be surprised that the information dispensed by the mirror is fatally compromised. The US media has been so enamored with everything Obama and Clinton that they never bothered to even wonder why the other side, the deplorables, felt differently – much less attempt to ask a question. Instead, they followed the Obama doctrine. They talked down to the deplorables. They denigrated them. They framed them in any number of derogatory terms. Hate-filled. Racists. Rednecks. Even white, blue-collar workers (as if now, being white or working every day is something shameful).

    Meanwhile, the press promoted diversity to the point that they became Clayton Bigsby and everything is about skin color and not content of character. The so-called ‘progressives’ promoted sexual orientation to the point that in our local schools, teachers have been told not to refer to children as ‘boys’ or ‘girls’. It’s offensive. Then they had to have a special sexual preference designation of ‘LGBT’. Then they added a ‘Q’. Now I understand there is an ‘I’, an ‘M’, and an ‘A’ added to the list. Where does the ‘I’m so special’ mentality end?

    A Trump White House has been a long time in the making. George Bush surrendered the country to the banksters in 2007 with the great aid of democrats from California like Nancy Pelosi. The banksters robbed the nation blind while elected politicians waved the white flag. The Bush regime lied to the american public about everything, started unjust and illegal wars, crushed liberty with the NSA spy agency, and captured the world’s biggest heroin farm in Afghanistan so the CIA could run secret wars all over the globe with drug money. For the first time, the US began assassinating people all over the world using drone warfare with no due process of law or justice. Bush’s twin, Obama, took over and continued the same regime policies of constant war against the world, destruction of civil liberties, and a profane redistribution of wealth gravitating to the top one percent.

    It seems to me that Criminal Stumpf, the CEO of the criminal enterprise Wells Fargo Bank, was emblematic of the anger voiced by the deplorables. While encouraging his workers to commit multiple felonies (opening fraudulent bank accounts for the purposes of stealing money from the bank’s depositors), this criminal truly didn’t think he, nor his bank, had done anything wrong. Defrauding the public has been the law of the land for a long time. Witness that Mr. Stumpf walked away with some $120 million for his good service.

    But that’s not the beginning. We have to go back to March 18, 1988. On that day, President Reagan signed Executive Order 12631 thus creating the ‘Working Group on Financial Markets’. This was the beginning of the PPT (Plunge Protection Team). This was government authoritarianism disguised as, in the words of the order’s author, Reagan, ‘I’m from the government and I’m here to help’. The same man said these were the most terrifying words in the english language. Yet, this, and the central bank, remain at the root of most problems. Let’s explore.    

    First, we must recognize that this action was the result of a 22% single-day plunge in the Dow Jones Industrial Average. This was the ‘fear’ that the elite use to get their way. Scare the public enough and they will give in to anything. Lose their money in stocks? What if the government could help my manipulating prices higher?

    The one-percenters have always been interested in protecting themselves so they sought to stack the deck, so to speak. The group is composed of the Treasury Secretary, the head of the SEC, the head of the CFTC, and of course, the head of the Federal Reserve Bank. Note, there are no economists nor business leaders in this group. Just government bureaucrats. The goal is not to help the economy. The goal is to further manipulate stock prices higher so the one-percent gets richer with less risk. Also note that this group comprises the most necessary people in position to manipulate prices higher.

    Below are excerpts from the executive order.

    Executive Order 12631 — Working Group on Financial Markets

    ‘Sec. 2. Purposes and Functions. (a) Recognizing the goals of enhancing the integrity, efficiency, orderliness, and competitiveness of our Nation’s financial markets and maintaining investor confidence, the Working Group shall identify and consider:’

    Americans are a little dense so allow me to point out the important phrase here. College students may need to deploy their forefinger to the page. That would be the finger next to the thumb. Yes, the one used to send all those meaningful texts and Facebook posts. It’s not their fault. Their education system was compromised decades ago so that knowledge was replaced by indoctrination. Look at college campuses today. Listen to the ignorance espoused by students. Sadly, citizens have been blinded by false allegiance and patriotism to a government that only seeks to enslave.

    Given that government always tries to obfuscate its real intent, we have to read carefully.

    Did readers catch that phrase about ‘maintaining investor confidence’? What does that mean? What does that entail? We all know the truth. The investment institutions are set up to make the rich richer. The rich engage in insider trading (see hedge funds), front running (see high frequency trading), and disinformation (see the media or CNBC). Truth is a four letter word. I cannot believe that any investor with a functioning brain cell does not think the game is rigged. But the little people have to be corralled. Investor confidence goes up and down with stock prices. Therefore, the way to maintain investor confidence is to constantly inflate stock prices by any means necessary.

    How do they do it?

    ‘(c) To the extent permitted by law and subject to the availability of funds therefor, the Department of the Treasury shall provide the Working Group with such administrative and support services as may be necessary for the performance of its functions.’

    The US Department of the Treasury will provide funding? Isn’t that the department of the government that pays the country’s bills with our tax money? If money was not needed to buy stocks, why then would the Treasury even be included? Why does the group have four members? Two are from trading operations, one is the money of the tax payer, and the fourth is the nefarious central bank. Of course they run the PPT!

    The result has been an enormous distortion of asset prices throughout the world. Other central bankers, the SNB and the BOJ are openly buying stocks. Yet when the possibility of buying stocks was posed to current fed head Ms. Yellen, she daftly played the american stupidity card by saying that it was currently illegal for the fed to buy ‘corporate assets’. That satisfied the media. Of course the fed is a grand and wondrous institution looking after our welfare. Please! The media is simply a regime lap-dog. Keep questioning. Keep thinking.

    First, ETFs are not directly corporate assets. By Ms. Yellen’s answer, that leaves ETFs as an asset they could buy. And they do. Directly or indirectly.

    Second, the issuance of stock options, to my understanding, is not a taxable event. As we know, any asset in the US is taxed. Thus, stock options are technically not a corporate asset. So, it seems to me that the fed could buy options all day long. Many stock observers have noticed the sudden, extreme, reversals of nearly every stock selloff that resolves with a ‘V’ shaped turn back to the upside. Options and ETFs would be a likely tool to accomplish this.

    These distortions, economic or social, have fed the anti-establishment movement. Curiously, or maybe not so curiously, the revolutionists now are the older people and not the younger generation. In the British vote to leave the EU, older voters were the demographic most in favor of independence. Younger people preferred the european social welfare state.

    In the US, I would suspect the same. Very simply, the people with the money have voted not to redistribute their money to dopey college students who want Santa Claus to pay for their college debts. Instead of begging for handouts, these college students should seriously think about suing the institutions that flim-flammed them on their education because they have obviously learned nothing.

    For instance, the younger folks are all for an increase in minimum wages and a continuation of the status quo. Yet none of these youngsters has any understanding of economic reality. And, it is so simple. Why have so many businesses relocated to a country outside of the US? One can go to the border of Mexico and see american businesses operating within eye-shot of the border. Why? Because wages are cheaper in Mexico. Why has China become a manufacturing powerhouse? Because wages are cheaper there. Business is about competition. At the end of the day, even Marxist socialist college students buy things every day on websites that import stuff in to the US because they get it cheaper that way because it is made by people who earn much less than americans. Artificially raising wages by government mandate does not make the economy stronger.

    I am sure that this next thought is never, ever, never, broached on a modern college campus. The federal reserve bank openly talks about stimulating inflation to a 2% clip. Why? Because this is their way of helping banks steal money. Inflation is a silent thief. If we can buy a loaf of bread today for a dollar, the fed wants to make us pay $1.02 for that loaf of bread at the end of the year. Then $1.04 the next year and so on. Do the math. Even if the government were to mandate a doubling of the minimum wage, the gain in wages would be eroded in less than a generation, due to the constant 2% inflation rate. Raising minimum wages while instigating inflation at the same time is like paddling a canoe with one paddle going forward and another in reverse. The canoe does not move.

    Before I leave this point, let me repeat myself from a previous post. In 1968, the minimum wage in the US was $1.60 per hour. Due to the afore mentioned inflation, that $1.60 is equivalent to $10.70 or so in 2016 dollars. The BEA says that 40% of hourly workers make less than $10.70 per hour. Read this next sentence carefully. In 1968, no hourly worker made less than minimum wage while in 2016 40% of hourly workers make less than the 1968 equivalent minimum wage. Students need to understand this lest they ignorantly support a Bernie Sanders type in the next election. This issue is a hoax perpetrated by, well, the ignorant and the elite. And, in the end, the government only wants to raise minimum wages so they can collect more taxes.

    So maybe voters, or at least half of them, are seeking the truth. Maybe they are seeking fairness. Maybe they are seeking sanity. Instead of rioting, destroying property, and spreading love and acceptance in the wake of a Trump victory, these young folks should explain to me and everyone else why their idea of socialism or facism or whatever is a better way to govern. Maybe they should show us an example where total government control leads to better living standards.

    I’ll start the conversation with Cuba. Healtcare and education are both free in Cuba. Sounds like a Clinton-Sanders utopia, right? Even the elites agree. For example, we can quote the UN’s World Health Organization who says that Cuba’s health care system should be a model for the world. It is free to all citizens. Of course, the average Cuban makes $60 dollars a month. It ain’t free!!!

    What about free education? Yep, it is free in Cuba. Young socialists should move there! But wait. Cuba has had second thoughts. President Raul Castro said this in 2012: “What we need to root out definitively is the irresponsible attitude of consuming, with nobody — or very few people — worrying about how much it costs the country to guarantee that and, above all, if it can really do so.” Come on college students. READ SOMETHING AND STOP LISTENING TO YOUR IDIOT PROFESSORS!! Okay, we’ll all wait while you get your forefinger handy.

    Finally witness two pieces of information gleaned from the November issue of National Geographic magazine. One, an article on Cuba revealed that the writer’s cab driver was educated as a civil engineer. He drove a cab because it paid better than the state run engineer job. Two, an article on the revitalization of Sri Lanka revealed that the country was in the midst of an economic turnaround after a ‘failed attempt at socialism’.

    Maybe if people actually read a little bit (non-US media), they will come to understand why the deplorables revolted.

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    The Chart That Exposes Bull Rally As B.S.

    October 20th, 2016

    By Barry Ferguson.



    The current bull market in stocks is old by bull standards. It started in early 2009 when Ben Bernanke’s Fed staged a coup, assumed command of the US economy, and by default, the government. After all, they are following the strategy of controlling the money supply and therefore the government of a nation. The central bankers have initiated several quantitative easing periods, reduced interest rates at their bank to zero (thus affecting all interest rate coupons downstream), participated in multiple efforts to steal money from citizens and reward it to corrupt, fraudulent, bankrupt banker friends, and they continue to manipulate asset prices through action and rhetoric. The result has been a bull market in stock prices. That makes the idiots of the world believe in the ‘economic recovery’.

    Where are we now in October of 2016?

    In one chart, we can see the artificial nature of the bullish trend. The chart at the end of this article is a 20-year look at the S&P 500 in green and S&P earnings in blue.

    The first earnings decline, or recession, was a result of Alan Greenspan’s idiocy at the Fed. His low interest rates led to the tech bubble. The tech bubble burst, Greenspan raised rates, and corporate earnings followed stock prices lower. As is the case for military industrial powers, the solution to an economic recession was to implode a couple of buildings, frame a patsy, lie about the event, and foment enough fear in the populace to launch military invasions of numerous countries. Military conquests always give the false impression of an improving economy due to the war effort spending.

    Most importantly, the dead economy and the inability for bankers to make money gave rise to the derivatives era. Companies could issue and buy derivatives at will and make up any price they wanted to make the accounting look good. I call this the ‘mark to fantasy’ period. Naturally, corporate earnings rose with derivative valuations.

    Greenspan the Idiot was followed by Bernanke the Idiot who continued to raise interest rates until the war effort had run its course and the economy was again contracting. The Bush regime changed the accounting practices for derivatives so corporations had to account for derivatives as for what they could actually sell them. This was the ‘mark to market’ period. Corporate earnings collapsed with stock prices. This all makes sense so far.

    Then, since the military had already invaded every nation void of central bankers and military spending could offer no more growth, the Bush regime reversed course and changed ‘mark to market’ accounting back to ‘mark to fantasy’. And just like that, corporate earnings improved immediately. By valuing derivatives at whatever price made the accounting look good, earnings led stock prices higher into our current bull trend.

    Today stocks are trading at near all-time highs. But what about corporate earnings? Fourth quarter of 2016 is anticipated by all to be the sixth straight quarterly decline in corporate earnings. Yet, stock prices are still elevated to bubble territory never before seen. It is also worth noting that in real 1930 dollar valuation, corporate earning are less than they were in 1929. This is the result of the Fed’s destruction of the dollar’s value.

    To justify stock prices, earnings need to begin another period of growth. How likely is that? Or, to justify the decline in corporate earnings, stock prices need to fall. How likely is that given that the Fed’s sole mission is to support stock prices and by default, their bankster friends?

    Given that earnings are almost back down to where they were in 2008, should stock prices mirror 2008 levels we can reason that stock prices could, and should, fall some 50% from current levels.

    Given that corporations have used zero interest rates to buy back record levels of stock just to manipulate prices higher, we can reason that this effort is about to fail to keep the bubble intact.

    However, given that the Fed is still in business, we should not expect a meaningful decline in stock prices. The Fed will simply not allow that to happen. Yes, they are already talking about ‘buying stocks on a consistent basis’ to keep the bubble elevated. So, corporate earnings will continue to ebb while stock prices will continue higher. Yellen the Idiot will not be content until stock valuations are more over-valued than ever before! Investors must hold their noses and close their eyes while bidding up stock prices.

    What should the average investor do?

    Recent government regulations will make it harder than ever for investors to find a true advisor. For example, I am not a fan of annuities but in some cases they may be appropriate. As an independent advisor, I only recommend commission-free annuities. There are only two of them that I know of. Since they don’t pay agents commission, the only way for an advisor to make money on them is to charge a very small advisory fee. As a bonus, these two annuities actually offer sub-accounts that can take advantage of a falling stock index should that ever be the case again. Don’t expect these no-load annuities to be offered by most agents, however. The companies that offer these annuities don’t even have sales people in the company to push the product. That’s why most people have never heard of this idea. If investors want the truth, give me a call.

    In the meantime, look at the chart below. Falling earnings and rising stock prices cannot be a trend forever. We all must decide at some point whether it is more likely for stock prices to fall or it is more likely for corporate earnings to somehow begin to grow again. The chart seems to indicate that the current bull market is really just B.S.

    S&P earnings in blue, S&P 500 in green over 20 years.

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    Wake Up America

    September 27th, 2016

    By Barry Ferguson.


    What a week for america! The liars and cheaters were everywhere. Wells Fargo’s CEO was called before Congress to answer for his company’s core function of cheating customers through fraudulent accounts. Facebook had to admit that it had been lying to advertisers about duration of ads watched on Facebook. AT&T received a hefty fine for lying to customers about internet speed. Obama made his final UN appearance and proceeded to lie about everything america. Hedge fund manager Leon Cooperman was charged with insider trading. The Fed met and once again erased their previously drawn ‘red line’. No, they didn’t raise interest rates but intimated that higher rates were still ‘live’ at the next meeting. Sure they are. Could lying and cheating in america get any worse? Then there is the FDA and the DEA.

    Insys Therapeutics, headquartered in Arizona, is the maker of Subsys – a fentanyl- based drug. They will soon launch a synthetic THC-based drug. THC is the psychoactive chemical in cannabis. Insys just gave the movement to keep cannabis illegal $500,000 dollars. Yes, please read that last sentence again. The company making a synthetic THC wants to keep organic THC illegal. How are they doing it? Through the protection of the FDA with a donation of half a million dollars to the prohibition camp! Isn’t that called a ‘bribe’?

    Insys CEO John Kapoor had this to say. “Our stance is consistent with our company’s goals. We strive to develop pharmaceutical products for the supportive care of patients while taking patient safety very seriously. To that end, we believe that all available medicines should meet the clinical standards set by the FDA.”

    Didn’t the lying FDA and lying DEA say there was no medical application for cannabis? Liars!

    Why would anyone want a synthetic THC chemical when they could have the original organic THC? The reason, Grasshopper is synthetic THC can be patented and organic THC can not. Patents mean monopoly and money! Therefore, big pharma would very much like to influence the government regulators to render only synthetic cannabis legal so they can monopolize the market. And you thought the CEO of Insys Therapeutics was only interested in our safety and good health? And you thought the US gooberment had your best interest in mind?

    The fact that the FDA and the DEA are simply bribed by pharmaceutical companies makes them both complete frauds. Then they just lie about literally everything to support their decisions.

    The Insys CEO says he believes ‘all available medicines should meet the clinical standards set by the FDA’. Really? Why then is his company in trouble for killing people with the fentanyl drug they manufacture? Why then is his company in trouble for fraudulently marketing the fentanyl drug for therapy not approved by his FDA?

    I suspect Mr. Kapoor knows that fentanyl is 80 times more potent than morphine and is just as addictive as herion, it’s opioid organic cousin. So far since the beginning of time, cannabis has never killed anyone. Mr. Kapoor’s drugs kill thousands every year.

    When bringing up the subject of fraud and lies, the topic cannot be discussed without mention of the DEA. Just to add to a point from a previous post concerning the DEA’s quest to ban the herb known as kratom, the DEA claims there have been 15 deaths over the last two years due to kratom. Actually, only one death has ever been officially attributed to ‘kratom intoxication’. In all these cases, coroners admitted that the deceased had other chemicals in their system that could have caused death. Even if the 15 deaths were true, and since the DEA says it is we therefore know it can’t be because they are just yet another pathological lying arm of the pathological lying US gooberment, the American Association of Poison Control Centers (AAPCC) cited 52 deaths in year 2000 from an obviously more dangerous drug. That drug would be aspirin. Between years 2001 and 2010, aspirin killed some 1,500 people in the US according to data. So how is kratom more dangerous than aspirin? Still think the government is on your side?

    I don’t mean to digress but as a disclosure, I have personally taken kratom. A few months ago I injured an elbow. Long story short, I heard grinding and snapping in the elbow, the elbow swelled up, turned all shades of blue and black, and felt as though something had torn loose thus causing extreme pain. My initial thought was surgery. Instead, a friend who was experienced in herbal medications, recommended kratom for pain. I took two tablets of a kratom extract instead of aspirin for the pain. The result was incredible. The pain subsided and I was fully recovered within a week. I can only attribute my recovery to the kratom. No, I did not get addicted to kratom like the DEA claims. In fact, I have not taken any since my initial dose. No, I didn’t hallucinate or attempt to bite anyones face or whatever ludicrous claims the DEA makes. In fact, I did not experience anything at all except pain relief and recovery. I too would recommend kratom for pain relief and joint ache. After all, that is why kratom has been used for centuries. Well, not after September 30 in america when kratom gets moved to the DEA’s schedule one drug list along with heroin and cannabis. Now a tablet of kratom is a federal offense. It is this sort of thing that makes america hard to respect.

    Of course, we must remember too that kratom has been shown to reduce opioid dependence that big pharma makes a killing from – both literally and figuratively. This is just an example of the pathetic current state of america. Americans are truly afraid of everything.

    Sadly, this is the new america. Organic compounds from plants can’t be patented and monetized by big pharma. Synthetics can and money made from synthetics filters down to the congresstitutes who work for big pharma to keep us in the dark and big pharma rich. We, the citizens, no longer have a government to represent us.

    So when reading the lies the gooberment puts out at the command of the pharma Johns who own the congresstitutes, remember this fact. The National Institute of Health estimates that aspirin alone sends 78,000 people a year to the emergency room. And, acetaminophen is also the nation’s leading cause of acute liver failure. Yet, it is legal.

    So, let’s review.

    America is a nation which is led by politicians, or congresstitutes, who know nothing, lie about everything, and accept payment for doing so just to enrich themselves with special interest money. American citizens are terrified of everything, offended by everything, and yet know nothing because their ‘news’ is more controlled than that of the North Koreans. The sad part is most americans are satisfied with a level of ignorance that is just profane.

    Why do I even bother to write about this? Because I am a patriot of liberty and I know that liberty is all that stands between us and governmental enslavement. If we don’t fight for liberty, we will lose it. Then, we will live like the North Koreans.

    Witness this from Vapor Voice magazine this month. Roswell Park Cancer Institute is a leading cancer research center. They just put out, in August, 2016, their research concluding that electronic cigarettes are safer than tobacco cigarettes. Lead author, Maciej Goniewicz, stated, “It’s the first time we have very strong evidence that we will be able now to give (smokers) that the answer is, yes, this you should consider a transition, a substitute for your tobacco cigarette that will save your life.”

    Wow! There is a product that according to research can save lives and it is about to get banned in america because big pharma wants it banned. And, they will get it banned. Why? Because they paid for it to be banned!!

    Big pharma, big tobacco, big government, and big government regulators have now passed legislation that will put most of the electronic cigarette industry out of business. Why?

    How many times have we heard President Blowhard preach to us about the ‘science’ of climate change? Yet, where is the science behind prohibiting the vaporization of electronic cigarettes?


    There can be only one conclusion. Instead of embracing a new industry that will lead to billions of dollars in sales in a economy that needs new products, instead of embracing a new product that unequivocally helps smokers to stop smoking known carcinogenic tobacco cigarettes, the US gooberment is moving to prohibition. Again, why?

    It’s the money, Grasshopper. The Campaign for Tobacco-Free Kids (CTFK) is one of the leaders against the vaping industry. This lobby group was created by the Robert Wood Johnson Foundation. The founder, Mr. Johnson, was none other than the president and board member of Johnson and Johnson. J&J of course makes Nicorette gum and other smoking cessation products. Gee, Mr. Johnson would surely hate to see tobacco smokers quit by using vaping devices rather than his ridiculously over-priced gum. So, the John finds the congresstitutes to do his dirty work.

    In a previous post, I highlighted the fact that Pfizer makes Chantix products that also are used for smoking cessation. In 2015, the FDA put a ‘black box’ warning on the Chantix product. The list of side effects is too long to list but suffice to say that due to the seizure and blackout effects attributed to Chantix, truckers and airline pilots have been prohibited from using the product. Yet, as the FDA moved to ban vapor products in the summer of 2016, the same fraudulent arm of the gooberment rescinded their previous ruling. The so-called black box warning is the step just before out-right banning. But in their zeal to do the work of big pharma, the FDA elected to allow Pfizer to remove most of the warning about Chantix and all the severe side effects. So far, the side effects of vaping e-liquids through an ENDS are, well, nothing.

    Why should non-smokers care? The congresstitutes that passed legislation to effectively strangle vaping gave draconian powers to the FDA – the government regulator in charge of SS duties. In their fervent effort to stamp out vapor products so the killing tobacco industry could keep, well, killing, the FDA also made End Nicotine Device Systems (ENDS) subject to product-killing expenses. Many of the ENDS use metal coils, cotton wicks, and batteries to make the devices work. So, citizens could now be arrested for being in possession of a battery, a cotton ball, or a piece of wire.

    If ever there was a time in history to bring the current government to a halt and form a new one, the time is now!! There can be no freedom without truth. The current regime has no interest in truth – only control. Elect me president and see how fast things change!

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    America – Governed By Johns and Prostitutes

    September 1st, 2016


    By Barry Ferguson.




    Today I was scanning the investment news headlines. One said that Home Depot and Lowes were set to take advantage of the ‘housing recovery’. Three headlines later, another read that applications for mortgages have been down six months in a row. In america, truth is dead. Truthsayers like Jullian Assange and Edward Snowden have fled the US for protection in Ecuador and Russia. Liars have taken their place. Liars take political office. Honesty seeks refuge. How did we descend to this sewer we are now in?   

    A few months ago, a Chinese economic minister said the world economy is ‘grim’. An ex-ECB banker said ‘Europe is quite sick’. Yet, the american president continues to sell us on economic recovery. And, he thinks the economy recovered due to higher taxes and more regulation.  

    Currently, asset markets around the world are in a perpetual state of confusion. Central banksters have essentially nationalized former stock markets. Banksters hold on the their power with the aid of populous ignorance and stupidity. But, we must ask a question. Why are citizens so ignorant of literally everything in the age of information exchange? The answer is simple. Data is only useful if it is truthful and accessible.

    Stupidity is rampant. The idiots that inhabit certain areas around the country have been busy raising minimum wages in their cities like Seattle. The Washington Post ran an article recently stating the economic results. As anybody with a functioning brain cell already knew, these areas are experiencing what Isaac Newton already told us with his third law of motion. Every action has an opposite and equal reaction. According to the Post, Seattle minimum wage earners have indeed been given a pay-per-hour increase and an pay-per-week decrease. That is, increased wages have resulted in less hours worked and less pay disbursed. And, prices have risen giving the recipients of the pay increase another decrease in purchasing power. What would one expect of idiots led by idiots? Governments cannot impose wage standards. Wage standards must be set by productivity and unfettered capitalism. Government imposed wage increases have never, and will never, add to affluence.

    Further, another study that I read published by the BLS (Bureau of Labor Statistics) said that the minimum wage in 1968 was equivalent to $10.74 per hour in today’s dollars. The minimum wage in 1968 was $1.60 per hour. Today’s federal minimum wage is $7.25 per hour. In other words, by minimum wage standards, american workers paid per hour are making much less than they did in 1968. Worse yet, the gooberment estimates that 40% of hourly workers today make less than that 1968 figure of $10.74 dollar equivalent. Stated differently, in 1968, no workers in the US made less than $1.60 per hour. Today, more than 40% of workers make less than $1.60 per hour. What ‘recovery’ are our politicians talking about?

    Maybe their own. In 1968, pay for a US Senator was $30k per year. Today, it is $174k per year plus the best benefits package on earth. Mandating minimum wage increases as Ms. Clinton and Mr. Sanders have suggested is not only stupid but it fits the definition of insanity. That is, trying the same thing over and over and expecting a different result. Minimum wage increases don’t help workers but the increased wages also serve to raise taxes. Ah, there’s the real reason.  

    Obama is a good example of this bureaucratic mentality. He piled another $10 trillion (and counting) of debt on all of us (so his rich bankster friends can stay rich) and our children and their children virtually guaranteeing that future generations will be worse off than previous generations. Yet, as he prepares to leave office, he requested a 19% bump in living president’s pensions. I wish my pension could get a 19% bump. I wish I had a pension. He is trying to force the trucking industry to instal speed control devices in their vehicles (at company expense of course). Mr. Obama continues to try and think of every way possible to damage the US economy before he leaves office. What will he do on his last day – flatulate in every room in the White House?

    Why is the economy still so weak? Why are personal liberties in the US under attack? Why will Mr. Obama’s legacy be that of the only US president in history to preside over the country for eight years and not once see an economic growth rate of 3%?

    The early 20th century writer H.L Mencken once wrote, “As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart’s desire at last and the White House will be adorned by a downright moron.”

    We have now perfected ‘democracy’. However, in the spirit of Mr. Mencken, I believe that democracies all eventually fail because they inevitably become ‘dumb-ocracies’.

    Governments take advantage of populace stupidity. Governments eventually turn on the electorate and rule rather than represent. There are 535 members in the US Congress. None of them ‘represent’ me. None of them. Not a single one. I have come to view all 535 of them as simply prostitutes who will do whatever the paying John requests of them. Is it any wonder to anyone that the economy is such a mess?

    The business of running the US is no longer (if it ever was) about doing things for the average citizen. It’s about what’s good for the politicians. They don’t represent us. They represent themselves.

    Witness two cases of recent acts of prostitution passing as ‘legislation’. These are examples of how america’s business is done today.


    Case 1 is the August, 2016 ruling on electronic cigarettes.

    E-cigs vaporize a liquid generally made of propylene glycol or vegetable glycerin (derived from soy and palm oils), flavors, and liquid nicotine (where nicotine is added). Since nothing burns, e-cigs do not produce tar or smoke like tobacco cigarettes. The liquid is heated by a battery and the vapor released is inhaled. However, since the product uses nicotine, and since the gooberment wants to control and tax anything that moves, and most importantly, since the prostitutes work for the Johns, the US gooberment has moved to force this industry under the control of the FDA by using the Tobacco Act. As such, the FDA just brought e-cig makers and e-juice makers under their authority. New government rules will require these companies to submit products for sale to the FDA for approval. Well, along with hefty fees for each individual product submitted that could range from a quarter million dollars to a million dollars per product. Many businesses in this industry will likely be extinguished.

    This ruling also applies to cigars and hookah tobacco. Does this make sense or is this just another gooberment shakedown of business? Or, are the prostitutes just doing what they are told by their paying Johns? At any rate, the legislation is a job killer and a personal liberty infringement.

    Who benefits if e-cigs in the US are effectively banned? Big tobacco, big alcohol, and big pharmaceuticals. Since e-cigs without question help tobacco users quit tobacco, big pharma feels threatened as they make smoking cessation products that are very profitable. In addition, big pharma benefits from the health problems caused by tobacco smoking. Big pharma makes drugs that treat cancers related to tobacco smoking and chewing. Big tobacco, big alcohol, and big pharma are the Johns. It’s that simple.

    Back to Newton’s third law of motion. The makers of the liquids that are vaped by e-cig users have come up with a synthetic nicotine. It will be interesting to see how this develops given that nicotine is the chemical that ties the electronic cigarette industry to tobacco. Will the US Tobacco Act then control a product that has no connection whatsoever to tobacco? Perversely, some e-liquids have zero nicotine. Are they under the Tobacco Act? Yep, according to the gooberment. With this kind of logic, I suspect the gooberment will eventually pull chewing gum and lollypops in under the Tobacco Act and then tax them out of business.

    This really seems ridiculous when we realize that in the US, tobacco companies are not required to test for and list the nicotine levels in their products. E-liquid companies, however, will be required to test, verify, and list the nicotine content on their product. And, if nicotine is so harmful, why doesn’t the gooberment just ban tobacco cigarettes and cigars? Why is the gooberment trying so hard to put this industry out of business? Is it really for our own good?

    What do the scientist say about the dangers of e-cigs?


    The Science and the Truth

    The UK health authorities have stated that e-cigarettes are 95% less dangerous than tobacco cigarettes and they can help smokers to stop smoking tobacco. Given the health problems of tobacco cigarettes, this is good. Not in the US. The FDA cares nothing about health. They are just another prostitute in the brothel.

    Neither claim can be made in the US. The authorities won’t allow it. They would rather people continue to smoke rather than vape. The FDA claims e-cigs could be unhealthy. In other words, they don’t know but since a John paid them to try and ban the product, the FDA is acting on the John’s behalf and not ours.   

    From another study: “Our findings suggest that e-cigarette use may effectively reduce exposure to toxic and carcinogenic substances among smokers who completely switch to these products,” study co-author Neal Benowitz, professor of medicine at the University of California, San Francisco, said in a Roswell institute news release.

    And, another study: “This study suggests that smokers who completely switch to e-cigarettes and stop smoking tobacco cigarettes may significantly reduce their exposure to many cancer-causing chemicals,” said lead author Maciej Goniewicz, an assistant professor of oncology at Roswell Park Cancer Institute in Buffalo, N.Y.

    Britain’s Royal College of Physicians, which found that “large-scale substitution of e-cigarettes, or other non-tobacco nicotine products, for tobacco smoking has the potential to prevent almost all the harm from smoking in society.”

    Yet another survey found that 70% of doctors advise smoking patients to switch to e-cigs and 50% believe they are less harmful.

    Another researcher found that tobacco smokers of at least 12 years who switched to an e-cig for just two weeks could greatly reduce the negative effects of smoking (as measured by 17 bio-markers related to smoking).

    Even the head of Philip Morris’ business in Japan recently said that his goal was to get all smokers in Japan converted to vaping e-cigs because the e-cigs were less damaging to health.

    Yet, the US gooberment has moved to try and extinguish this product by taxing and regulating it to death.

    US gooberment types claim that not enough is known about e-cigs. They might be hazardous to the health of the users. Then again, they might not be but that isn’t the point. What we do know is tobacco cigarettes can contain some 4,000 chemicals and at least 50 of them are known carcinogens.  

    E-cigs on the other hand only contain a handful of chemicals and the main ingredient, propylene glycol, is the propellent in nasal and bronchial inhalers that many people already use. The CDC says there are 443,000 premature deaths in the US every year related to smoking and tobacco use. The cost to the economy is almost $200 billion per year.

    Sadly, the Johns pay the prostitutes to report bad science. For instance, scientists say that heating propylene glycol to 700 degrees fahrenheit produces the carcinogen, formaldehyde. While that may be true, no one would be able to drag on a cigarette that is that hot. And, it is not likely that any of the vape products on the market would heat up a liquid to reach that extreme of temperature. As a point of reference, most e-cig products produce vapor at less than 400 degrees. But let’s not let the truth get on the way of government control.  

    Additionally, a study done in 1942 found that inhaling a vapor of propylene glycol can actually help protect the body against influenza.  

    The point is the Johns get what they want if they pay the right prostitutes. Obviously e-cigs pose a danger to tobacco companies. If the two or three big tobacco companies could put the e-cig makers out of business, then they would have the new e-cig business all to themselves. Of course, the gooberment does not force any business to close. They simply use the power of federal law, taxation, fees, and regulation to bury what they are paid to bury. For instance, I read a recent study that found that 15% of current e-cig users would go back to tobacco cigarettes if e-cigs were no longer available. Well, good for Philip Morris and RJR! How do they bury this new competition? They find the prostitutes and pay them.

    The Johns (tobacco companies) have spent $8.9 million in lobby money so far in 2016 and about $1.7 million of that has gone directly to the prostitutes (members of congress). How do you think the Johns voted on this e-cig mandate? Whose side do you think congress is on?


    Case 2 – DEA continues to keep cannabis as a ‘Schedule 1’ drug

    Another related decision on the part of gooberment this summer was the DEA’s decision to keep cannabis on the ‘schedule 1 drug’ list. Schedule 1 drugs are the most dangerous drugs on the planet with no known medicinal uses.

    Again, who benefits by this decision? Obviously the DEA gets to keep their jobs. The US charges US taxpayers billions per year for the ‘war on drugs’ that is a complete failure. The prison system benefits as most people in prison are there for drug possession. Cannabis is the leading drug for which people are arrested. Courts, lawyers, and rehab people feed off this arrangement. Where cannabis is legal alcohol consumption drops so big alcohol benefits from the illegal status of cannabis. Pharmaceutical makers surely don’t want competition that comes from cannabis. These are the Johns.

    Just as an aside, there is an herb known as Kratom that has been used for centuries throughout Asia for pain and relaxation. It also seems to be a very effective alternative to opioid pain killers like Oxycontin. Kratom seems to actually help opioid dependent users kick the opioid habit. The DEA has just moved to ‘temporarily’ ban Kratom. With a heroin and opioid epidemic currently underway in the US (due mostly to the success of the military operation in Afghanistan protecting the poppy plantations that resulted in the best heroin crop ever), we’d hate to see addicts stop shooting heroin and doctor prescribed opioids. Who really gains from this ban?  


    The Science and the Truth

    Nevermind that doctor prescribed drugs kill tens of thousands of people every year and cannabis has never once killed anyone. The CDC says that in 2014 there were 28,000 deaths in the US related to opioid use and over half of them were from doctor prescribed drugs. Nevermind that the DEA claims that cannabis has no medical use whatsoever even though the US government owns a medical patent from cannabis. Nevermind that the government’s own Veteran’s Administration allows for cannabis to be prescribed for PTSD. Nevermind that cannabis has been recreationally legalized in the DEA’s headquarters of Washington, DC. Nevermind that some 25 states have voted to legalize cannabis for medical uses as it has been shown to very effectively treat diseases like a form of childhood epilepsy. Nevermind that Briton’s GW Pharmaceuticals markets medication derived from cannabis and the company trades on the NYSE.

    The medical community admits to not having an antidote for cannabis overdose since the medical community says that’s impossible. The president’s own daughter was photographed dragging on a joint recently and she is going to Harvard next year. How did cannabis harm her again? Nate Diaz is a UFC mixed martial artist. He runs triathlons. He is one of the best in the world at his sport. Yet, he was dragging on a vape pen less than hour after his recent fight. What was in the pen? CBD oils derived from cannabis was his response. Michael Phelps just completed his third Olympic games and won something like his 23rd gold medal. That makes him the greatest Olympic athlete ever and he smokes cannabis. How, again, is it so dangerous that the DEA wants to keep it illegal? If it were legalized, cannabis would carry less of a danger warning than toothpaste. (Tubes of toothpaste carry a warning that if swallowed, we should call Poison Control. Doctors tell us that if too much cannabis were to be consumed, the patient should just sit down and wait a few hours. They will be alright.)



    Where cannabis has been legalized, teen cigarette smoking has decreased and so too, paradoxically to the thoughts of the DEA, has teen cannabis use.

    Where cannabis has been legalized, consumption of alcohol has decreased.

    Where cannabis has been legalized, tax revenues have increased.

    Where cannabis has been medically legalized, prescriptions paid by Medicaid have decreased.

    Given that Medicare is already bankrupt, readers should read that last line a few times.

    So why does the federal government in the US continue to keep cannabis illegal?


    Enter the Prostitutes

    Money. The Johns pay the prostitutes to do things. That’s the way america works. Some people call the Johns ‘lobbyists’. These are the firms that special interest (like tobacco companies) use to bribe the prostitutes (US congress members). Once elected to congress, members don bright red lipstick, a very short skirt, and put a red light over their office door. They are open for business.

    How much do Johns spend in america? How much does it cost to buy america?

    The website is a great resource.

    In 2015, there were 11,514 registered lobbyists in the US and they spent some $3.22 billion or 6% of the overall GDP of the US. A lot of that money winds up in the hands of US politicians.

    So far in 2016, Pharmaceutical and health care concerns were the top Johns spending $61 million in the second quarter of 2016 in lobbying. In second place was business associations spending about $40 million.

    How much do the prostitutes get in exchange for their support?

    As it turns out, it apparently costs more to hire a republican than democrat. The average republican in 2016 received about $28k and the average democrat received about $19k. Members of congress made more as their status in Congress rose. Chuck Schumer (member of several congressional committees) from NY has received about $375k and is near the top of the list. This is of course in addition to his lavish senate salary that is paid by taxpayers. One member though, greatly exceeds Mr. Schumers hiring fee. That member has received over $1.2 million so far and her name is Hillary Clinton. Bought and paid and ready to perform any task at the whim of the paying Johns.


    An Example

    Let’s look at the TPP (Trans-Pacific Partnership) that Hillary voted for as a senator and now claims to dislike. This trade deal was ‘fast-tracked’ through congress by the obamanistas but like everything, it had a price.

    Certain Johns of the world look to take advantage of this agreement. To get things done in america, the Johns know they have to pay and they know who to pay. Of the total $1,148,971 paid by Johns to help push this legislation through, an average of $17,676.48 was paid to each of the 65 “yea” voting prostitutes (congressmen and women). The average Republican member received $19,673.28 from corporate TPP supporters. The average Democrat received $9,689.23 from those same donors. (Data from

    The amounts given rise dramatically when looking at how much each senator running for re-election received.

    Two days before the fast-track vote, Obama was a few votes shy of having the filibuster-proof majority he needed. Ron Wyden and seven other Senate Democrats announced they were on the fence on 12th of May, thus imperiling the passage of the agreement. Countering the agreement in the Senate were 54 Republicans and handful of Democrats. Let’s be clear. These senators weren’t really for or against anything. They were just holding out for more money.

    In just 24 hours, Wyden and five of those Democratic holdouts – Michael Bennet of Colorado, Dianne Feinstein of California, Claire McCaskill of Missouri, Patty Murray of Washington, and Bill Nelson of Florida – caved and voted for fast-track.

    What swayed their vote? Did they re-read the bill and decide it was best for american citizens? Ha! Give me a break!

    Bennet, Murray, and Wyden – all running for re-election in 2016 – received $105,900 between the three of them. Bennet, from Colorado, received $53,700 in corporate campaign donations between January and March 2015 (according to Channing’s research). Since the prostitutes running for re-election are more expensive to bribe than members who may be retiring soon, the Johns pay them more money for instance.



    Now we have TPP in place. Okay kids, how did the agreement get passed in the Senate? Is the TPP advantageous to the average american? Who cares? That’s not the point. The Johns paid the prostitutes to pass it and they did. Are electronic cigarettes good or bad? Is cannabis really that harmful and useless so that it stays on the Schedule 1 drug list? Is Kratom a real health risk? Most likely, we will never be told the truth. Johns don’t pay prostitutes to tell the truth.

    The funny thing in all this is the current regime adamantly argues that ‘science’ validates ‘climate change’. Mr. Obama mentions ‘science’ whenever he tries to sell ‘climate change’. Well then, what about the science that says e-cigs are safer than tobacco cigarettes? What about the science that says cannabis is not as harmful as, say alcohol or sugar or tobacco or doctor drugs?

    We can only conclude that truth and science are never part of the equation when the US congress does anything. Rather, what matters is how much the prostitutes get paid and what the Johns want in return for their bribe. Welcome to america – totally governed by Johns and prostitutes!

    Still wonder why the economy is a mess?


    Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article. 

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    Liberty In The USA

    April 28th, 2016


    By barry ferguson.



    There was an incident that happened in February of this year that needs to be explored. A group of Christian musicians were touring in a foreign country to raise money for an orphanage and a hospital. They collected donated money as cash. The police pulled their car over because a tail light was broken, trumped up a bogus drug charge, searched the car, and found their cash. It was $53,000 dollars. The car driver was arrested and the cash was seized by the cops. However, the cops found no drugs on the driver nor in the car. They did not find any drug paraphernalia. They did not smell any drugs. Guess which country this incident happened?



    In most states in the US, police can seize property from citizens without proving that a crime was committed. This is known as ‘civil forfeiture’. All the police need is ‘probable cause’ that such assets were used in the commission of a crime. On a federal level, this is known as ‘equitable sharing’. That allows local cops to keep 80% of everything they seize. If a citizen has property seized, they can launch a court challenge that can be both expensive and lengthy. And, the citizen must be innocent of any crime. In the past, I highlighted the story of a college kid who attempted to board a plane to return home after graduation. He was carrying $11,000 dollars in cash that he had saved working part-time jobs while attending college. The gestapo claimed his bags smelled like marijuana. He admitted to smoking marijuana before he got to the airport. He was searched. No marijuana was found. The gestapo still stole the kid’s $11,000.


    To date, cops have robbed citizens of over $2 billion dollars in civil forfeitures.


    Obama’s attorney general ruled in December that this process was indeed unconstitutional and illegal. She move to halt civil forfeitures. But we all know our fascist. Mr. Obama loves the process of the government confiscating assets from citizens. He overruled his own attorney general and ordered the confiscation to resume in April. America will remain in tyranny.


    We should all remember the country we used to live in had a Constitution document that served as the foundation of law. The current regime either hates this document or chooses to subvert it at every turn.


    The Fourth Amendment reads: ‘The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.’


    Once property is seized, it is nearly impossible to recover.



    The Fifth Amendment reads that no person… ‘be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.’


    And for those who still think Reagan was a good president, the civil forfeiture started under his regime.


    That country in which the $53,000 dollars was seized from a Christian band (from Burma) was of course none other than the ‘land of the free and home of the brave’ – the USA. The terrorists were sheriff’s deputies in Muskogee, Oklahoma. They claimed that a drug dog picked up a scent of drugs in the car. Of course, the truth is that the drug dog is simply a ruse that allows ‘probable cause’ for a search and seizure event. I must assume that the driver that was arrested for drugs he did not possess was not wearing an expensive pair of Jordan sneakers. Otherwise, had they been in the deputy’s size, they too would have been ‘confiscated’.


    It is clear that the obama regime is based in tyranny and fascism. They ignore laws and rights with which they do not like. They change other laws to restrict individual rights and liberties. They continue to remake the country into some kind of dictatorial banana republic of which they so obviously admire. So for us oafs who have the loathsome misfortune of living under an obama rule, which laws should we obey and which laws should we just ignore? What do the rulers even call this country any more? It certainly is not ‘America’.


    I now know how Michelle Obama used to feel back when she was defrauding other hospitals in the Chicago area by arranging for all the ambulances to ferry patients to the most expensive hospital in the area of which she ran. She said back in 2008 that for the first time in her life, she was ‘proud’ of her country. Well, good for her. None of the rest of us find much to be proud about any more now that even basic liberties have been rescinded. And, it’s not just us. While Mr. Obama is on his ‘stay in the EU’ lecture tour, the Brits are tolerating him like a foul odor expelled in a crowded elevator headed to the penthouse. One writer opined that the world ‘mercifully’ only had a few months left of obama’s regime. Amen!


    Of course, the current regime would no doubt require permits to expel odors just like they require for every other act, movement, or expression. Witness the following.


    A youth group visiting the 9/11 Memorial in New York broke out into an impromptu version of the Star Spangled Banner. They were quickly interrupted by security who informed the students that they needed to cease and desist from such action as a permit is needed for such a thing. At least I think this incident happened in New York. Maybe it was Moscow. Maybe Shanghai. Maybe it was Havana. What difference does it make? America is certainly no longer ‘exceptional’.


    This makes me wonder. If entertainers and purveyors of tripe like Bruce Springsteen and Pearl Jam refuse to tap dance in North Carolina because of perceived discrimination of transexual restroom visitation, will they also boycott Oklahoma and every other state of the union where civil forfeitures are the norm? What about the civil rights of citizens who have lost billions in illegal seizures? What about the NBA threatening to boycott North Carolina by moving the all-star game to another state because of the transexual bathroom law? Do they just pick and choose which acts of discrimination are offensive to them? How is it that these organ grinder monkeys are offended when transexuals are obliged to visit a bathroom that coincides with their birth certificate gender but they are not offended when law enforcement steals $53,000 dollars from a Christian band from Burma raising money for an orphanage?


    In the end, a judge ruled that the search and seizure was after all illegal and the money was returned to the band. Did anything really change? Did anybody go to jail for originally stealing the money? Next time, the terrorists will simply ‘plant’ some drugs in the car. This is america, right? Carry on.






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    Stocks Rally on Lies, Fantasy, and Hope

    February 27th, 2016

    By Barry M. Ferguson


    What should we make of the rally in stocks, world stocks, metals, materials, oil, junk bonds, and everything else that could be counted as an asset in the third week of February, 2016? Well, not much. When central banksters want a rally, we get a rally!

    The stock rally can easily be explained through ‘calendar-ization’. This is a term that I coined a few years back so if you reuse it, send me some money. What it means is this. Every year, central bankers and their shills (Wall Street, bankers, financial media) goose asset prices in the fourth quarter so investors will get a pretty statement in January. Knowing that the next quarterly statement doesn’t get printed until April, these same manipulators take off the better part of January to rest and restock their inkjet money printers. Naturally, asset prices swoon. Realizing that most investors get monthly statements as well, these manipulators go into panic mode and begin to goose asset prices to mute the damage of January. If the selling in January is too brutal, as was the case this year (2016), the manipulators hold off until February. Then we get a rerun of the same movie.



    All is well. The economy is recovering. Unemployment is falling. People are getting raises. Retail sales are increasing. We are all the best looking duck in the pond. Whatever it takes. The manipulators plow into stocks at least by mid-February so that investors don’t get spooked by a double digit stock loss in the first two months of the year. If that were to happen, investors and consumers might elect to withdraw from playing in the carnival anymore. So magically, we get a February rally. Yawn. We have seen this before.

    Gasoline prices have fallen. Therefore, consumer spending should increase. Huh? We hear this all the time from the Wall Street cheerleading society. Let’s put a brain cell to work. If I have $100 dollars and gasoline costs me $20 dollars, I can spend the other $80 dollars on food, medicine, and clothes. If gasoline only cost me $10 dollars, I can spend $90 on that other stuff. However, the math does not change such that I can spend more. Regardless of what gasoline costs, I only have so much to spend in total. So, to think that lower gas prices leads to higher overall spending is mendaciously false.

    Let’s look at the rally’s metamorphosis.
    1/25/16: McDonald’s announces earnings. These are always fun. News articles written begin with the wonderful news that the burger chain was on the rebound with same-store sales increasing for the first time in two years. After all, McDonald’s is now a high priced Dow stock and manipulating the Dow higher means that McDonald’s has to lead the charge regardless of truth. Earnings and sales both beat ‘analyst projections’. Of course, writers these days always either omit the truth or wait until the end of the article. And there it is appearing as the last line in the article. Revenue for the company actually decreased by 3.5%. When we need a rally, all news is good!!!

    Oh, I’m sure the rest of you have been worrying about this like I have but we can all rest easy now. JP Morgan announced that CEO Jamie Dimon received a nice salary increase this year. They managed to bump him up from $20 million a year to $27 million a year. Wow! That’s a nice increase for a guy who ran his company into bankruptcy in 2008 only to be rescued by the Federal Reserve’s pilfering of the US Treasury. JP Morgan was given back all the money that they lost gambling on derivatives, Mr. Dimon got to keep his job, now he gets a fabulous raise up to $27 million a year, and the US tax payers get to pay more and more taxes to pay for the now $20 trillion in debt the government has racked up saving companies like JP Morgan so people like Jamie Dimon can make $27 million a year. I’m so happy for him! Who says the Federal Reserve Bank serves no purpose? And did any of the big banks lower any of the fees that they charge us for banking? Did any of them raise the interest rates that they pay us for our piddly savings accounts?

    Johnson Controls is buying Tyco in another ‘tax inversion’ deal (like Pfizer). Johnson is a large US based company and Tyco is based in Ireland with half the capitalization of their buyer. The company will technically move headquarters to Ireland thus saving some $150 million per year in corporate taxes. Would you move to Ireland for $150 million per year?

    Stocks are rallying. Consumers are spending more and tooth fairies are leaving us all money under our pillows regardless of any extracted teeth. Unemployment is near zero and we are all getting raises. Ain’t it fabulous? Meanwhile, Walmart is closing 154 stores in the US and Macy’s is closing 40. Oil producers are laying of tens of thousands but not to worry because they can all get jobs at america’s fastest growing job producer – bar tenders and waiters.

    2/22/16: Stocks rallied. How many of the indices of the world were in the green? All of them. How many of the 30 Dow stocks were in the green? All of them. So today, everything in every part of the world was a buy? Nothing was sold? Yeah, sounds like a real ‘market’ to me.

    A 16-year old Swedish girl was ‘rescued’ from ISIL in Syria this past week. She went to Syria with her boyfriend to join ISIL. She said she had never heard of ISIL before. Things didn’t work out very well for her while there. This is yet another example of the de-evolution of human intelligence. 16 years old and never heard of ISIL? Didn’t know what was going on in Syria? I’ll bet that moron knew every nuance of Facebook and could probably key in a text message on her phone in record time. Of course, what on God’s green earth would come of interest in a text from an ignoramus like that? It is this kind of stupidity that is leading us all to the brink of total debt incarceration.

    The Federal Reserve is busy buying every stock it can to drive up the Shanghai Composite stock index. Uh, I mean the PBOC is buying every stock it can to drive up the Dow. Wait, wait…, it’s the BOJ buying every stock in China. Hold on. Central bankers are all the same. It is so hard to tell the difference since formerly sovereign nations no longer control their sovereignty. Without central banker intervention on a daily basis in the capital markets, citizens would be free to realize price discovery on their own and Jamie Dimon would likely not be receiving a raise this year. Yes, while to White House purveyor of fantasy fiction purports positive economic statistics, we must understand the motive. These ‘statistics’ are solely for the purpose of our psychological manipulation. This is nothing new. Please review the NAZI party in 1930’s Germany.

    While central bankers everywhere report improving economics, we must understand their statistics are just lies. The stories they tell us are simply fantasy. Economic growth is simply fantasy. Economic failure now lies at the foot of the economic keepers – the central banks. They are directing sovereign policy. They are directing data, banking, and psychology. Economic failure now would require a regime change. Central bankers would be exposed for the thieving frauds that they are. Is it far fetched to think that the same central bankers control stock indices? After all, the PBOC, the BOJ, and ECB all admit to buying stocks. The FRB does not admit to buying stocks because they know the american audience is still too stupid and has not yet caught on.

    So, let’s look at a few charts to see if we can recognize a pattern here.

    Again, for the last three years, the Fed’s stories about a ‘robust’ Christmas shopping season turned out to be lies and the 4th quarter rally based on fantasy faded to a January selloff. Central bankers rested in January only to come to work in
    February with a fist full of money meant to rally equities. Take a look at the two-month chart of 2014 below. January falls. February rises.


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    How To Make 8% Every Year With Zero Risk

    January 2nd, 2016

    By Barry Ferguson.


    Is it possible to make 8% investing money in stocks every year with zero risk?



    Well, by now, all investors should know that there are no longer stock ‘markets’. They have been replaced by stock ‘carnivals’. Carnivals are collections of games that are rigged by the owner of the carnival. Think of it this way. We could bet money on basketball games but surely we would not be correct all the time. In a fair game, our team would lose sometimes. But what if we bet our money on a game that was rigged? The winner was selected before the game started. So instead of betting money on an NBA game, what if we bet our money on the Harlem Globetrotters? They have only lost a couple of games in the last 50 years and will lose even fewer in the next 50 years. Why? Of course the game is rigged. The game is for our entertainment and not a true competition of basketball skills. It is an exhibition or sorts.

    Since the Federal Reserve Bank seized ultimate power in their August of 2007 coup, they have been controlling stock prices for our entertainment and control. And, since we know the game is rigged to be a perpetual bull, all we have to do is wait until the fourth quarter and then place our bets. Of course, we know stocks simply have to move higher every single year from now until the end of time or the dopey citizens might suspect something is wrong. How can this be achieved?

    We all know that the Fed runs the stock carnival and we all know about the PPT. Their only mandate in reality is to rig stock prices to the moon. Yes, I know. All that other stuff is just noise for the dumb folks. The only question is this. How can we use the Fed’s manipulative practices to our advantage?

    There are indeed gyrations in stock prices along the way and when prices dip, it is hard to hold long positions in stocks that are now in a bubble and more over-valued than ever before. When stocks start to fall in price, our natural inclination is to sell out. But what if the risk of capital loss was removed?

    As it works out, we can invest without risk if we examine the chart that I have included below. It is very simple.

    The chart is the Dow Jones Industrial average on a weekly basis for the last eight years. This is the gold line. I have traced the first three quarters of each year in blue and the last quarter of each year in green. Since 2009, the Dow has now had seven consecutive positive years. (Yes, I am writing this with only a few more trading days in the year and the Fed is fighting like mad to make 2015 positive as well by injecting stocks with fresh capital at the Yellen preferred time of 10:30 am. I’m betting they do so. Weeeeeeeeeeee!!!!!) So again, the question is how do we reduce risk to zero and still get carnival gains?

    Pay attention to the green lines. Since the Fed wants us to feel richer as we keep digging our debt holes deeper and deeper, they goose stock prices every year in the fourth quarter. What if we only invested money starting at the beginning of every October and sold at the end of every December? Have we found the Harlem Globetrotter team of investing/ betting?

    Okay. In the chart below, we can see that the Dow has climbed from 9000 to 18000. A double in seven years is a ten percent annual return. But, there were some nasty declines along the way that could shake even a CNBC devotee out at some point. Those are along the blue lines. Now take a look at the green lines. By my rough calculations, the Dow has gained about 9000 points since 2009 with risk mostly in the blue lines. Just following the green lines, the Dow gained some 7000 points of that 9000 with zero risk (except for a ever so slight loss in 2012 because the Fed was about to stop QE). Or, about 8% per year risk free!

    Thus, we can bet on the Harlem Globetrotters to win every game as long as we only put our money to work in the fourth quarter.

    In fact, if we go all the way back to year 2000, the same strategy would have worked every year except 2007 and 2008. Now the Fed is completely in charge and it looks like the Dow will climb to the sky! Nothing can stop it. The Fed has a printing press and no laws or morality to constrain it. We just have to remember that risk-free investing is only available in the fourth quarter. See the chart below for the truth.

    Oh, one more thing. I drew a red line at the top of the chart noting the declining RSI since 2013. Normally, that would be a red flag indicating that the rally over the last few years is a fake. I also drew a red line at the bottom along the falling trading volume. Stock prices have risen as volume has been falling. That would also be a red flag warning that something was wrong. But nevermind. We aren’t in reality anymore. We are at a carnival and we are all winners. Weeeeeeeeee!!!!

    8 years weekly DJIA

    Chart courtesy

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    The central bankster crucifix

    September 18th, 2015

    By Barry Ferguson.


    The FRB, the ECB, the PBoC, and the BoJ are all central banksters. It matters not which country they infest. It matters not which form of gooberment they act as marionette. It matters not how much economic destruction they instigate. Their wicked intent is the same. Total power. Total domination. Total rule. Total control. Total enslavement.

    Their weapon is greed and their shield is populous ignorance. Citizens and countries alike want to live far beyond their means. Citizens want shiny trinkets and countries are led by politicians lustful for power. They both depend on central banksters who have larceny in their souls. When money runs dry, both turn to the banksters to create more. The new money is created through debt forged by greed. The price of money creation is levied upon citizens through taxation. The cruelest tax of all is inflation caused by money created from debt. Central banksters work to create inflation by increasing the supply of money which in turn devalues the purchasing power of the currency. The banksters grow more powerful by controlling both the value of the currency as well as its number. The citizens realize a decline of living standards, a bankrupt government structure, and ultimately a loss of liberty.

    As such, the wealthy scramble for influence and favor from such a powerful banking establishment. Capital is, after all, the heart of capitalism. Capitalism is what puts bread on our table. Capitalism must remain fair for it to survive. Do central bankers promote capitalism? Fairness? Equity? I would argue that we need to confront these banksters, who act like blood-sucking vampires, with a crucifix. Where can we find one?

    A genius wrote the following (an excerpt from the entire document) years ago regarding central bankers:

    It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages, artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society-the farmers, mechanics, and laborers-who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their Government. There are no necessary evils in government. Its evils exist only in its abuses. If it would confine itself to equal protection, and, as Heaven does its rains, shower its favors alike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the act before me there seems to be a wide and unnecessary departure from these just principles.

    If readers recognize the writer, they get an ‘A’ in US history. The writer was President Andrew Jackson and the words are from his veto of the central bank charter of his time. The year was 1832. It should be noted that President Jackson is the only US president in history to leave office with a balanced budget and zero national debt. Stated differently, the US national debt has been rising since President Jackson completed his second term. What did Jackson understand that is apparently beyond the intellectual means of today’s citizens?

    Jackson explained further his reasons for this veto of a central bank charter.

    First, he argued that the central bank is a mostly foreign-owned, for-profit, private bank. As such, its earnings are derived from the sweat of american productivity only to be taken offshore to where the owners reside. It is a threat to sovereignty.

    Second, Jackson argued that the existence of the central bank was not fair to state rights. The central bank could set up branches in any state and yet those states could not impose taxation on the bank’s earnings as the states do on every other business in their domain.

    Third, Jackson argued that the US Constitution did not allow for a central bank either for reason of necessity nor for the control of the creation or valuation of the currency.

    Fourth, as related in the paragraph included above, was the issue of fairness. Jackson realized that the existence of the central bank would lead to unfairness as the rich would find favor from the central bank while the poor would have no such influence. The genius of Jackson was that he realized that human institutions are incapable of resolving fairness issues. Jackson believed that government’s role was to enact one set of laws and one book of rules that would pertain to all – rich and poor. Central bankers use a separate sets of laws and rules to benefit the rich. The proof is in today’s economy. The Fed now rules the economy and the stock indexes. Who has benefited from the Fed’s coup de etat in August, 2007? As we all know, the rich are getting even richer and the poor are getting poorer. Andrew Jackson would likely cross his arms now and say ‘I told you so.’

    And finally, President Jackson wrote one of the most extraordinary, most profound, most profane statements in the history of human history. The first line of the next-to-last paragraph in his veto reads, “I have now done my duty to my country.

    Can the reader of this article even fathom a political leader anywhere on this planet doing something for the ultimate benefit of the average citizen of his country? Can the reader even imagine a President who would be even the least bit interested in fairness to the poorest citizens? This is even more extraordinary in that President Jackson knew the banksters would try to assassinate him. They tried. President Jackson knew the banksters would greatly shrink the money supply causing a quick economic depression. They did. Yet, the economy recovered just as quickly.

    Why then, should any of us cede power to central bankers who have their own agenda? Why would any of us think that these banksters know more than we do? President Jackson said in his veto document that when things turn unfair, then we, the citizens, have the right to air our grievances to our governments. Not in China, of course. That act could prompt the Chinese gooberment to imprison the complainer. Freedom has to be fought for every day. Otherwise, we americans will realize that our greatest strength, our liberty, has been surrendered. We cannot trust governments. We cannot trust government institutions. And, we surely can’t trust banksters!

    When geniuses speak, we should listen. I will close with another quote from a genius.

    Unthinking respect for authority is the greatest enemy of truth.

    Albert Einstein said that.

    In conclusion, when we listen to our politicians and their ideas to ‘fix things’, unless the first thing out of their mouth is ‘destroy the Fed’, then we should know they are an idiot just like all the other politicians. We should all pray, ‘Please God, send us another Andrew Jackson!’

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    Minimum Wages Hikes Are Actually Tax Hikes

    June 12th, 2015


    By Barry Ferguson.


    The US federal minimum wage is getting a lot of attention these days. I have no doubt that the current $7.25 per hour minimum wage will be raised soon because american intellect has been diseased and destroyed by a Pelosi-like infestation of terminal ignorance. Americans are no longer capable of examining a problem fully to understand the correct solution. Sound bits, regardless of their relation to truth,  have replaced logic.

    Consider this. At the current minimum wage of $7.25 per hour, a 40-hour work week over 52 weeks of the year would gross about $15,000 federal reserve notes in wages. 2015 tax tables, with no deductions, would net the worker about 14,500 after about $500 in federal taxes are deducted. For a standard of comparison, that worker could purchase about 5,800 gallons of gasoline during the year at around the current price of $2.50 per gallon.

    If minimum wages were raised as suggested by unions and other groups driven by profound ignorance to the proposed $15 per hour, that same worker would gross about $31,200 federal reserve notes per year. Using the same tax table, the worker would now pay about $2,700 in federal taxes per year for a net of about $28,500. How much gas will the $15 federal reserve notes per hour worker now be able to buy?

    As anyone with a a single functioning brain cell knows, wages push inflation. Even an idiot like former fed-head Greenspan knows that. Double wages doubles inflation, more or less. So, now a gallon of gasoline goes from $2.50 per gallon to $5.00 per gallon. With the new raise, the worker can now by about 5,700 gallons of gasoline.

    In this example, a doubling of the minimum wage would result in the worker being able to buy less gasoline than they could before the wage increase. Yes, this is theoretical as we all know tax rates can be changed and other factors can influence the actual price of gasoline. Increasing wages is not a zero sum game. Higher wages do not necessarily equate to a higher standard of living. As long as the FRB works to stoke inflation, living standards will continue to fall for the less-wealthy.

    And, it’s not the fault of McDonald’s. It’s the fault of the FRB. Word to the workers. Stop protesting in front of restaurants. They are not responsible for the loss of purchasing power of the currency. The FRB is. Protest in front of their building!

    The truth is the current regime favors minimum wage increases because wage increases result in more tax revenue for a hopelessly in debt gooberment. And, those tax revenue increases are imposed upon businesses that are forced to pay more in wages. Essentially, minimum wage increases are actually sneaky ways to increase tax revenue. The american public remains none the wiser.

    Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.

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    How The Fed Conducts War

    April 18th, 2014


    By Berry Ferguson.


    Aah! There they are. I was worried that the Plunge Protection Team (PPT, or, if one prefers, The Presidents Working Group on Financial Markets) had forgotten their job. The PPT exists so the Fed can drive stock prices to the moon. Generally, the PPT comes into the fray in the final hour of trading on the NYSE to buy stocks up in an attempt to arrest a stock sell off. I prefer to define a PPT attack as the Dow rallying more than 100 points per hour. To be sure, the Fed has done a wonderful job of pushing stock prices higher on a nearly everyday intervention basis. For sure, nearly every week and surely every month of the last year or so has seen a constant 45-degree ascent. The PPT has not been a necessary part of the overall manipulation.

    But then, the month of March ended with losses showing up for the Dow for Q1 of 2014. Yes, the Fed was there at the open of every trading day since mid-March with a fistful of money to buy stocks higher. They managed to get the Dow almost back to even for the year. With Q1 client portfolio statements safely in the mail, the Fed, as they always do at the beginning of a quarter, took a break. Not surprisingly, as the month of April unfolded, the Dow began a nasty descent. Apparently falling to just above 16,000 was the line in the sand. As trading opened on Monday, April 14, 2014, the Dow sprung from its selloff of the previous Friday and leapt higher in the first hour of trading. Hello, Fed! Then, and since most investors are beginning to realize that stock prices are in a bubble, the Dow began to again roll over. Lower and lower it went toward 16,000. From 3:00pm to 3:15pm, the selling increased.

    At precisely 3:15pm, the buying started. The next 45 minutes were all about buying all by the Fed. The Dow rose more than my prescribed 100 points during those minutes to qualify as a PPT intervention. Good for them. Below is a 2-day chart of the Dow with 15-minute bars so we can memorialize yet another instance of Fed manipulation in the final hour of trading. Notice the abrupt rise in price with the increasing volume in the final 45 minutes.


    4/11/14 & 4/14/14 – EWP (15-minute bars)

    Chart courtesy


    Oops! Actually that chart above is a chart of the Spanish ETF, EWP, over the same time horizon. What I am thinking? Spain has an unemployment rate of nearly 30%, daily demonstrations and riots across the country, massive debt, massive housing problems, and no hope of ever returning to real economic growth. Parts of the country are flirting with secession. What could a chart of Spain’s ETF have in common with the Dow? Let’s see the Dow below.

    stats 2

    4/11/14 & 4/14/14 – DJIA (15-minute bars)

    Chart courtesy

    Wow! The EWP and the Dow are nearly the same exact chart! Both experienced a nice rally in the final 45 minutes of trading. But that’s the PPT. They buy everything. I’ll bet the Antarctic Index was straight up at 3:15pm as well. The point is this. Does it really matter? Stocks, all stocks, are going to perform as the Fed dictates. Maybe the new rally has therefore started? Who knows? We should ask Ms. Yellen.

    So, does garbage like Spanish indices rise along with the Dow or is the Dow and the US economy garbage like Spain? In bubbles, garbage rises like everything else.

    The initial rally came after the regime announced that March retail sales has leapt the most in several years. Of course they did. Someone should tell the idiots at Cold Water Creek. They just announced bankruptcy. Someone should tell the idiots at Radio Shack. They are closing over a thousand stores. Ditto for Family Dollar. Amazingly, retail sales are up without any retailers enjoying any of those sales. Clearly the regime simply writes ‘news’ that supports higher stock prices.

    Well, good for them. The regime writes what they want us to believe. They claim inflation is non-existent. Yet, gasoline, natural gas, insurance, and taxes are all up. Beef prices are the highest they have been in 30 years. I could go on but this contention is ludicrous. We all know inflation is way up. Even the idiots on the financial networks are talking about the disconnect. But lies make stock prices rise.

    Let me amplify that point with another regime contention. They claim that women have recovered all job losses since 2008. On the same day, another research group said that the percentage of stay at home moms has increased significantly. Now, how can more women be working when more women are stay at home moms?

    Okay, let me solve a few riddles that seem to be baffling to most humans. While we are to believe there is no inflation, the guy that sleeps in the White House is proposing an increase in the federal minimum wage. Okay, I won’t even address the preposterous lie that there is no inflation. There is. This is why people can’t live on the current minimum wage. The same can be said for food stamp recipients. As any person trying to live on food stamps can attest, it is hard to buy groceries when prices keep rising. Politicians are trying to propose more money to food stamp recipients.

    This is all wrong. Why raise the minimum wage? Why increase food stamp pay? Yes, inflation is killing the currency and destroying purchasing power of the currency. But why do people always think in inflationary terms? Rising wages mandated by regime whims will only push prices higher and continue the demise of living standards.

    No one needs more money. What we all need is lower prices. Why do prices rise all the time? Because the Federal Reserve Bank creates money to give to their bankster conspirators thus stimulating inflation. As Andrew Jackson proved, the abolishment of the Fed Bank results in no inflation. If we want lower prices and no inflation, then we must simply abolish the Fed Bank. Any other conversation is just stupid. The reason this won’t happen is inflation helps the elite who own all the stocks and all the real estate. Deflating prices help the poor and hurt the rich. Since the regime is the puppet of the super elite, prices of everything will continue to inflate.

    Finally, everyone is wondering what happened to the Malaysian airplane that disappeared last month. Given the criminality of everything that goes on at governmental levels these days, we should consider the following possibility.

    Let’s just say that a certain regime is desperate to retain power. The regime lies to its subjects about literally everything. The regime runs a spy agency to keep an eye on everyone. Let’s say that there was someone on that Malaysian airplane who had worked with that spy agency. He, and his group were headed to China for some reason. Let’s just say that this group may have known something that the spy agency didn’t want the rest of us to know. Let’s just say that the regime had the capability, you know, with their military being the ‘global force for good’, to blow the airplane out of the sky and then scoop up the debris below. Then to make sure nothing was found, the regime started a game of misdirection.

    First, we were told there was an Iranian with a stolen passport on board. Can we imagine? An Iranian on an airplane. They’re all terrorists aren’t they? Turns out the guy was just on his way to see his Mom. A few days passed.

    Okay, then the pilot had erased some files on his computer. Gee, none of the rest of us have ever erased a computer file. A few more days passed.

    Then a fisherman has spotted some debris off the coast of Malaysia. It wasn’t a plane. A few more days passed.

    Then satellite photos located some debris in the Indian Ocean. Turns out the regime’s satellite saw nothing. But a few more days passed

    Then some more satellites spotted something floating off the coast of Australia. Nothing. The clock kept ticking.

    Have the black boxes stopped pinging yet? If not, then there was debris floating towards Hawaii. Maybe it was spotted off the coast of Cuba. Maybe it was off the coast of Chile. Keep looking, people. Some casualties of war are never found.

    What we know is this airplane took off from Malaysia headed to Shanghai, China. It dropped off radar contact not long after takeoff. Supposedly, the plane flew on for hours after it veered off somewhere in the Indian Ocean. Really? With over 200 people on board, no one noticed that the plane was now way off course? It seems to me that the flight attendants would have notice that something was wrong. It seems to me that business men onboard would have noticed something was wrong. And no one picked up a cell phone to call for help? It seems to me that the NSA tracks everybody’s email, cell call, and underwear change but yet they don’t know what happened to a big old jet plane?

    Maybe there is a good reason that the entire world is in riot mode against their own government regimes. Maybe we all just want the same thing. The TRUTH!

    Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.


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    Curious Copper

    February 26th, 2014

    By Barry Ferguson.

    I have been writing about copper. I have been studying the price of copper. Everyone knows that copper has been a barometer of the world economy for many years. Why? Almost everything we use involves copper. Modern electronics contain copper. The telecommunications universe uses copper liberally. Houses and buildings of all kinds are networked with copper. Ships, planes, and automobiles use copper. Even our bodies and other living organisms need a small amount of copper. When we humans consume, we use copper. The more we consume, the more copper we use. And so, we can infer that copper and the economy are linked together.

    It makes sense, then, that the price of copper and the stock indices should be positively correlated. The chart below shows this relationship very well. The chart shows the price of copper (US dollars) in gold as it relates to the Dow Jones Industrials (blue line) over the last eight years on a monthly basis. True enough, copper and the Dow have moved in tandem over this time period until recently. Now, something different is happening. Copper prices have actually been falling since mid-2011 while the Dow has of course been rising. In 2013, copper and the Dow inversely correlated one another in that the Dow rose and copper fell. To be both up to date and accurate, 2014 has witnessed a return to correlation so far. In January they both fell and through late February, they have both been rising.

    Copper has become very curious to most observers. To those who believe in a true global economic recovery, falling copper prices present a conundrum. The economy is growing, stock prices are ascending, and copper is declining. To those who understand that the economic recovery is voodoo conjured by central banker intervention and stimulus, declining copper prices are a red flag for an ascending stock index. What does the curious chart of copper really tell us?

    On the technical side, copper has a very bearish chart. My interpretation is that copper is in a bearish head-and-shoulders pattern and maybe worse, a very bearish descending triangle that infers that copper prices could decline another 50% or so from the present.

    Fundamentally, copper gets even more curious.

    First, many geologists think that copper discoveries peaked in 1996. That is, while production has indeed been rising every year, significant new discoveries have been non-existent. And yes, technology has allowed for mining to extract more copper from existent mines. But some of the biggest copper mines on the planet are almost exhausted. This should be driving copper prices higher but it is not.

    Second, about 40% of the world’s copper is mined from Chile and Peru. Since the Spring of 2011, the US dollar has appreciated about 10% against a basket of other currencies. In the same time span, copper has fallen in price by about 10%. The dollar translation to the Chilean peso should make copper cheaper so the recent decline in copper prices seems plausible. Should the US dollar rise further, because of, say, Fed tapering, copper should continue to decline in price.

    Third, there is a global push toward nationalization of natural assets underway. This should be pushing copper prices higher but it is not. For instance, the third largest copper mine in the world is in Indonesia. The company that runs the mine is paying less than 10% royalties to the Indonesian government at the present but now the government is demanding 50% royalties. Globally, this should be pushing copper prices higher but it is not.

    Fourth, copper can be recycled completely so the more that is produced from mining, the more that can be produced from recycling. Added production plus added recycling should push copper prices lower unless demand outstrips both.

    Confused? This is why copper is so curious. What then should we think of copper?

    Fundamentally, copper is telling us that the economy is not really improving. While the central bankers have inflated financial assets with their perpetual quantitative easing policies, they have not inflated the real economy. Asia is the biggest consumer of copper as the manufacturing hub of almost all electronic equipment. Westerners buy lots of these electronic devices and unfortunately, many of them have lost jobs and relative affluence due to central banker policies and therefore no longer have the money to consume as many copper products. Central bankers have once again made the critical choice of stealing money from sovereign Treasuries and giving it to close bankster friends but none of that money has made it into the hands of consumers. Money velocity remains at an all-time low and that confirms this notion. So, it seems logical that copper would fall in price. Maybe the added production given tepid demand is pushing prices lower.

    Technically, the chart makes copper a very curious chart. Clearly stock indices should not move higher without copper prices moving in tandem. Over the last few years, copper and stock indices have been generally moving in opposite directions. Now, either the Dow needs to pull back or copper needs to forge ahead. Which is more likely to happen?

    Given the negative chart of copper, it would seem likely that copper will continue to decline in price. Given that the central bankers are more concerned about stealing all the money from all the Treasuries of the world through debt expansion, they will continue to use indexes like the Dow as part of their strategy of diversion. As long as the Dow keeps moving higher, no one will notice the pilfering on the part of the bankster cartel. Certainly this will keep the attention on the Dow and not on copper.

    In summary, I would look for the trend to continue. The Dow will keep moving higher and copper will keep moving lower. At some point, the two lines on the chart will be too far apart and they will have to rejoin. It would seem more likely for the Dow to fall than for copper to rise. But not yet. Until that time, copper will just have to remain a curious side show to the central bankers’ destruction of capitalism.

    8 Years ending 2/21/14 (monthly) – Copper in gold, DJIA in blue

    Chart courtesy

    Disclaimer: The views discussed in this article are solely the opinion of the writer and have been presented for educational purposes. They are not meant to serve as individual investment advice and should not be taken as such. This is not a solicitation to buy or sell anything. Readers should consult their registered financial representative to determine the suitability of any investment strategies undertaken or implemented. BMF Investments, Inc. assumes no liability nor credit for any actions taken based on this article.

    Copyright © 2014 BMF Investments, Inc. – All Rights Reserved

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