Door Bell Debt Ringer

Depressing this:  And this doorbell’s debt ringer should serve you as a wakeup call, but it will not and does not even begin to take into account what future irresponsibility will […]

Part 1 to The Preface; The Fate of the Wait is in The Rate While The Cost is Lost

The reason why I am prefacing and planning to re-post my September 16th, 2011’s original post is because, I believe today …it has become more pertinent today than ever before.

After the French Presidential Election, I am more convinced than ever Americans are being strung along …day after day …more than merely paying the costs to just tote the note …those service costs associated with America’s Public Debt.

Last year, I attempted to characterize this in other terms by referring to this cost in a way which explains the service costs called the “Debt Load” as …and in terms of “The Fate of the Rate …” as being actually “…the Cost of the Lost.”

The Fate comprises the lost factors of time and money in various unforeseen or unnoticed dimensions with respect to the added dynamics of various depths of rates whose limits are limited by finite time constructs.

Enough said for the time being; the Treasury Department holds a periodic recurring series of Treasury sales whose calendar period repeats over and over nearly every two months …just like clock work …come rain or shine …regardless of supply and whoever shows up to participate in these garage-sale-like auctions.

Aside from organic market dynamics, as deemed necessary, QE1 and QE-2 has filled the vacuum in the event and at the ever increasing times of waning participation …I.E.; a lack of demand …as if to beg the question; what if they gave an auction and no one showed?

I’m Dreaming of A White Christmas

Deck the Halls of Congress with Bells of Folly …

Oh, the joys of Christmas …anxiously awaiting the toys which may be expected …or not. Regardless, the surprise …or the disappointment which lies in store …just might be a function of today’s haste …a spirit’s calls whose preparations just might be the foreshadowing of the past’s waste …that which has opened the door of the present only to beckon back the spirit of the past waste, no?

Go figure. Three years of waste …to move forward to today’s haste …to welcome further …still more waste?

You know they say; “…A stitch in time saves nine …”

Its corollary has been stated such that haste makes waste.

And this corollary can be stated simply, such that; waste makes for haste.

Like truths, when aptly applied …like geometry …these adages beg the following rather serious question.

Have the US fallen under these adage’s spells? Have they has netted the U.S. a return on Her investment which is (nine XXXXXXXX) nine times the haste of the last three years’ waste?

If so, today’s extra large sized (9X) net of haste must not be allowed to morph into the sea of a second merry-go-round of nine-squared worth’s (9X9) waste …the likes of which have come and gone over the last three years’ worth of wasted time, money and blind-sighted effort in neglect and lack of a more sure due-diligent aim and note-worthy purpose. (For whatever is the aim and purpose of socialism …other than to live to serve the fricking government….and that beyond “We the People …? Feed Me Seymour?)

9 X 9 = 81 times the waste …if, you know what I mean, yes?

And that all will most likely face a multiplier affect attributable to inflation …when and if the U.S. further opens the floodgates’ doors further.

Moody’s Plausible Probable Likelihood

Moody’s A Plausible Probable Likelihood

Are you kidding?

“…in the wake of the worst political rancor since the civil war …”

Jim Crammer Friday, July 15, 2011

In Washington …the nature and rules of brinkmanship’s dynamics are always being written and rewritten, as they have been time after time again.

Why then would …or, what then could make the question as to whether or not Congress will raise the debt ceiling before the last minute …a question whose lackluster resolve’s and groaning dynamics different any more than any other thing which this “do-nothing” Congress has touched recently?

Well, then …consider this point of conjecture.

But let me set the stage first.

Is there any one you know that …when they walk into the room, there is a rushing like mighty sucking noise?

You know …the sort of person/organization who believes and acts as though the whole damned world’s charter was meant to serve as a mandate which justifies and encourages wiping their feet on any who take up an opposing issue …regardless of the costs.

And if you have any doubt about it …just ask them.

Well, in Washington’s play …I believe that its brinksmanship in its (ownership) matter of the debt limit debate …merely serves as just such a sucking example …one in which partisan politics extols all of the best virtues and all the worst vices of wiping one’s feet on the other …all at the expense of “…We the People …”

Ben Bernanke; “…unsustainable debt …”

The following are two crisis words.

And …if there ever were two words today which have crisis written all over them …they are those uttered in Congress today!

The following two words which were those spoken loud, strong and clear.

The words were part of an address which characterized U.S. Public Debt as “…unsustainable debt …”

These two words came from The chairman of The Federal Reserve …Ben Bernanke today as the chairman spoke before members of The Senate Banking Committee.

Curiously, what I personally find as being less than sad is Congress’ lack of regard and esteem for tens of millions of voters who …last November, went to the pools to voice their collective, unified singleness of purpose.

By this Ben Bernanke was merely reaffirming the validity of the American voters who sent this massage earlier this last November.

Why should either the President and or Congress need one more man’s word to make the spirit of America’s will any more exact and any more unmistakably clearer?

As such, these two word’s stark reason and reality stand as a slap in my face …all in light of the light-weight approach to this administration’s budget proposal and the Republican-sponsored meager spending cut’s initial proposals.

Such as November’s voice was, such a will can not be allowed to be summarily swept under the rug …dismissed and otherwise marginalizing the will of the American people.

Re.: Monetary and Fiscal Responsibility;

And while bad habits are easily learned and obtained; they are not so easily worked free from …in reversing their affects’ impacts.

These take prayer and fasting.

Take a rather strange lesson from an otherwise foreign focus and vision …one generated in mixing an atmosphere of strong necessity with one of equally strong discipline and regimented resolve.

That’s why the Germans have been rather more successful in adopting …with their engrained mind-set of discipline …a more prudent and reasonable rationale in their approach to borrowing limits …capping their annual budget deficits and public debt to correspond to certain guidelines which pertain to strict percentage-based guidelines of their economy’s actual performance …foregoing the urge to bet on the come …as it were …as hope seems to have become warped here in America.

This more responsible sort of balanced approach to fiscal due diligence and disciplined oversight of the budget processes returns a service to the people of Germany which kind of reminds me of the purpose which the President’s Pay Czar was intended to serve …

…Namely that of accountability …in light of an emphasis which was supposed to be centered about openness and clarity.

666 China’s Currency Evaluation

Bond Prices demise? How?

That’s not just even the half of it all.

None the less, today …Ben Bernanke’s call to cut spending and embrace physical responsibility was about as weak as his attempts were to justify down-playing QE’s impact upon commodity prices and the unmistakable presence of inflation …passing them off as factors attributable chiefly to the expansion of demand stemming from developing emerging market nations.

No matter how the Ben Bernank slices it, and no matter what components he can righly, justly, or otherwise care to conveniently factor out of the inflation indexes, low wages and or labor components are no means worthy to justify the excuse to continue down a path which destroys the strength of the American dollar …for merely a greater interest …that which allows thee governmetn to skate free …merely to justify paying a lower (weak-dollar) interest service costs …merely to afford to carry the public debt ….merely to be able, primarily …just to float the note we tote.

Pay no attention to the man behind the curtain …INDEED!

Clarity? Transparency? Perposterous!!!

So, that is a recap of my last post in a nutshell …any rise interest rates, not withstanding, because that is the central and pivotal …jobs …housing …liquidity …debt load (public debt costs) treasury yields …bond prices and lastly …the Fed’s balance sheet all not withstanding.

God knows we couldn’t have these two items (The end of QE and …the rise of the debt limit) scheduled side by side.

No, we will now …not have these items on the calendar at the same time. God forbid!

Think of it; rising interest rates impact upon the service costs of our public debt. Good Lord! We wouldn’t want to send our foreign creditors the message that we need to borrow more money …just to float the note.

Who Me, Protest?

The following is the result of looking for data to support and build my case in a recent real estate tax protest I have filed.

Before you open the link below, read the following short explanation below first.

The following is a look at one of the 20 Metropolitan components which make up the Case-Shiller SPCS20R Housing Price Index. The SPCS20R is a 20-city composite index comprised of 20 major metropolitan areas in the U.S.
The index reflects upon the overall movement of housing prices across the nation in these twenty areas.

After all, PIGS We Are Not!

Today, I am taking a look back at a letter I wrote Friday, November 21, 2008 dealing with a principal commonly used in bankrupcy proceedings called Cram-Down.

It seems fitting to revisit it to achieve some degree of perspective in view of communities whose municipal bonds’ bond ratings are at risk in the face of of dwindling tax revenue.

And taken in perspective of TARP and various stimulus programs which have been walked through Congress under the pretext that their purpose is aimed at saving community jobs and services, I have to ask; as what point will America become like Germany …less than willing to support the pigs of Europe …those like Portugal Ireland/Italy Greece and Spain?

After all, are the PIGS …all that much different than any number of the hardest hit states here in America?

Without a doubt, The Germans have had to pay an exacting price to pay for reunification …not to mention what the PIGS’ bail-out may wind up costing the quality of their return on social investments.

So, tonight is an opportunity to visit the letter below while asking what are state and local governments doing to maintain tight budgets and exercise fiscal withstraint?

It seems to me that in the face of lowered property values …rising property taxes are a sad social commentary …one in which state and local community governance has thrown away prudence and reason in favor of the opportunity to ignor reality and the consequences of neglect …hoping that no one would take notice.

In that respect, I will introduce my letter by saying; “…pay no attention to the man behind the curtain …” You better pay your taxes, or they might just cram them higher property taxes down your throats.

Cram Down? vs. Higher Property Appraisals & Property Taxes?
Go Figure!
How does that translate to …Spending Cuts?
It doesn’t, does it!?

Lip Service? …or, Unity & Agreement …Purpose Both Won!!!

Not long ago, a wise man once said: You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.”

Today, approval ratings stand to reflect that Americans are not fooed by all the hpye coming our of Washington in the wake of what is being characterized by outspoken politicians as a compromise.

This is the sort of charade which …overwhelming, growing numbers of Americans are growing weary of …and have voiced their strong disapproval of in regards to those in Washington who still seem to feel it necessary to continue to engage in endless, disingenuous grandstanding …bickering along party lines …arriving at conclusions in self-deluded summaries which stop at nothing to assume that they are the savior of all America’s woes …in spite of …and in view of stiff opposition whose interests are contrasted to Americas better interests..