I decided to split off my postings of economic links from Jim's Thoughts, so that I can get that topic back to what it was intended to be, a place for me to post trading ideas and thoughts I had that I felt could be of interest to the readers.

This topic is where I will post links to various economic articles, for those that find them interesting. If you want to read (or post) articles about the unfolding debaucle, this is the place to look. If you are a short-term daytrader or swing trader and have zero interest in the economy, you can now just read Jim's Thoughts and not have to wade through this type of dicussion.

At best I think this material only has a direct effect on longer-term plays, the bigger swings that make up the major legs of the bull and bear markets. I follow this stuff for that reason, and because I want to have a handle on things, if that is even possible in this era of lies and deception, so that I can make decisions on life issues.

For example, as I posted in the commentary on the website and discussed with many people well in advance, this was something that wasn't hard to see coming. I saw many people who told me as late as Oct 2007 that 'this thing is about to 'break out' to the upside, and that Dow 20,000, and then much higher, was 'just around the corner' '. The type of articles I am posting discuss the type of information that helped me form the viewpoints I had back then.

If this is far from over, as I suspect, we are in a similar postion now as back then. With the rally that is unfolding right now the talk is the bull is back, the bottom is in, and we are set. I'm not so sure. So, I try to weigh up all the factors and not get too sucked in by the hype. To that end, I will post things here I find interesting.

Just too much scary stuff out there...

http://online.wsj.com/article/SB10001424052970204731804574385072164619640.html

Very, very interesting...

http://www.zerohedge.com/article/current-market-move-third-biggest-pe-multiple-expansion-recorded-shortest-time-ever

"implying the rally has been one of PE expansion, 66% to be precise"
66% from 666 low, that's a perfect price square out....harmonics

I don't even know which topic to post this stuff under anymore...

http://www.zerohedge.com/article/guest-post-damien-hoffman-exclusive-interview-alan-grayson

Scary.

I think that one of the things that Ben Bernanke does is to say soothing things to the public and tell them things the public would like to hear.

I read a book about 35 years ago by Gary Allen, called "None Dare Call It Conspiracy." Very right wing, John Birch stuff about the Communist Conspiracy. Very thought provoking, though. Especially the parts about the bankers.

http://en.wikipedia.org/wiki/Gary_Allen

http://www.captaincanadacrusades.ca/articles/none-dare-call-it-conspiracy%5B1%5D.pdf

and, a song from the Great Depression referring to Herbert Hoover's statement that "Prosperity is Just Around the Corner." People remembered that line!

http://www.youtube.com/watch?v=mkNn4WUwtCA



Al Kamego

Some interesting observations:

http://www.zerohedge.com/article/rosie-rented-market-rallies

You can read the article if you want, but look over the 2 page gray chart and notes on pages 4 and 5. Very interesting, huh?

http://bigpicture.typepad.com/comments/files/053008_Welling_Edwards-Montier_REPRINT.pdf

Michael Moore always worth watching:
http://www.capitalismalovestory.com/

Note this line:

"...the US population is more "hopeful" at this moment than it has ever been"

http://www.zerohedge.com/article/spread-between-optimism-and-reality-all-time-record-wides

I forgot, I do have another hero to go with Ron Paul and David Stockman, and that's Nigel Farage. Here's his latest:

http://www.zerohedge.com/news/2013-04-17/farage-unleashed-you-are-common-criminals