Five Years Out From Financial Crisis, Liberalism Has Produced Peak Prosperity With World Stocks, Nation Investment, and Global Producers Rising To All Time Highs

Financial Market Report for the week ending Friday September 13, 2013

1) … Mike Mish Shedlock writes End of U.S. Imperium? Finally? We should all hope so.

I commented on his article relating lease do not include me in the “all hope so”. That end, will not come through Congressional vote. God will soon terminate US Imperium only to raise up Euro Imperium, where a Sovereign, presented in Revelation 13:5-10, and a Seignior, Revelation 13:11-18, that is a prophet and banker, to rule first Europe, and then the entire world from Jerusalem as presented in Daniel 9:25.

Your Austrian Economics moralizing, is spectacular denial of the truth of bible prophecy. I don’t want any morals or ethics coming out of the will worship of any human philosophy or any bankrupt human religion. My values are found in Reformed New Testament doctrine, and my life experience is found in the virtues and ethics are found in the Economy of God, Ephesians 1:10.  The Statue of Empires found in Daniel 2:25-45, provides historical proof and presents mankind’s destiny that there be truly hegemonic empires, the last one was the iron leg of the the British Empire, and the current iron leg is the United States, which will fall to the Ten Toed Kingdom of regional government.

Accompanying the rise of the Beast System as foretold in Revelation 13:1-4, which is replacing the Milton Friedman Free to Choose Banker Regime, that commenced beginning with the Greek Bailout I in May 2010, and intensified with the rise of the Interest Rate on The US Ten Year Note, ^TNX, to 2.1% in May 2013, to 2.8% at the end of August 2013, there will soon be a war in Syria as foretold in Isaiah, 17, resulting in the total and absolute destruction of Damascus, and a third world war, foretold in Ezekiel 38.

Illuminati Prophet Albert Pike had Luciferian insight that there would be three world wars.   D. Robert Singer writes the article The Modern State of Israel: Providence, Miracle, or What Really Happened.  In 1871 Albert Pike founder of one of the Rothschild secret societies, Order of Perfectibilists, received a vision, which he described in a letter dated August 15, 1871 that graphically outlined plans for three world wars that were seen as necessary to bring about the One World Order.

ThreeWorldWars.com writes The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm … Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. [1] [Cmdr. William Guy Carr: Quoted in Satan: Prince of This World, Albert Pike received a vision, which he described in a letter that he wrote to Mazzini, dated August 15,

1871.

Bible Prophecy there will soon be a war in Syria as foretold in Isaiah, 17, resulting in the total and absolute destruction of Damascus, and that following this there will be a third world war as foretold in Ezekiel 38, which will be the basis for the rise to power of Europe’s Sovereign, Revelation 13:5-10, and Revelation 13:11-18, to their power in Jerusalem, as they promote a middle east peace plan, Daniel 9:25.

With the soon coming war in Syria, and all kinds of economic and political implications in my life, I ask myself what is it that want?

Do I want freedom? Do I want free prices, a free market economy, More time? More opportunity to use my talents? Protection of my personal property? More relationships or better relationships?

The only thing I want is to do the Lord’s Will, which is to keep his Word of endurance, and shrink not from His Name, that is presence and authority.

Andrew Oliver reports Massachusetts housing inventory: very little available at lower prices The median price for a home in Salem is 326,000. I relate that the 3 Bedroom and 2 Bath home at 9 Cottage St, Salem, MA 01970 presented by Redfin for $339,900 typifies homes in Salem. .

Benson Te writes US Equity Markets: The Deepening Wile E. Coyote Moment the cost of servicing debt has been climbing alarmingly faster than the economy’s ability to pay them (via real economic growth) and from Ponzi finance dynamics, where the liabilities are growing far more than the increases in asset prices.

I comment that the Apostle reveals in Ephesians 1:10, that Jesus Christ is acting in dispensation, that is in oversight of all things political and economic, bringing completion and fulfillment to every age, epoch, era, and time frame.

Liberalism was the era of credit, that is trust, that supported monetary inflation. Jesus Christ terminated Liberalism in August 2013, by enabling the bond vigilantes to call the Interest Rate on the US Ten Year Note, ^TNX, higher, and currency traders to call the Euro, FXE, and other major currencies, as well as the Emerging Market Currencies, CEW, lower since mid August 2013, on competitive currency devaluation, causing debt deflation, in World Stocks, VT.

Money as it has traditionally been known died August 6, 2013, when the Interest Rate on the US Ten Year Note, ^TNX, rose to 2.64%. A new money, that being diktat money, will arise out of a Minsky Moment, that is a sudden major collapse of asset values which is part of the credit cycle or business cycle, as foretold in bible prophecy of Revelation 13:3-4, and will usher in Authoritarianism’s era of debt servitude, as a result of monetary deflation. Liberalism featured credit and a moral hazard based prosperity; but Authoritarianism features a debt servitude based austerity.

2) … Financial market trading for the week ending September 13, 2013

On Monday September 9, 2013, Volatility, XVZ, traded lower, as the stock market turned to Risk On, forcing the Risk Off ETN, OFF, to trade lower, as Reuters report Wall Street rises after Chinese data, deals.  Stocks rose on Monday to extend last week’s advance as upbeat Chinese data and merger activity boosted sentiment, and concerns eased about an imminent Western strike against.

The chart of the S&P 500, $SPX, shows a rise to 50 day moving average.

Nation Investment, EFA, rose to its previous high; nations and regions traded higher,

EFA, 1.4, a new rally high

EPP, 1.5%, a new rally high

YAO, 2.1, a new rally high.

ECNS, 1.7, a new rally high

EWA, 1.5, a new rally high.

KROO, 1.5, a new rally high.

EWT, 1.2, a new rally high.

EWY, 1.2, a new rally high

ENZL, 1.0, a new rally high

THD, 6.3

IDX, 6.2

EWM, 3.6

EPHE, 3.1

EWS, 2.0

EWSS, 1.2

EWJ, 2.6

JSC, 2.8

VTI, 1.1, with IWM, 1.6

EEB, 2.6, a new rally high

RSX, a new rally high

ERUS,  2.7, a new rally high

INP, 3.2

SCIN, 3.0

EWZ, 2.2

EWZS, 2.2

EWW, 3.5

EWUS, 1.3

EZU, 0.9

EFNL, 1.8, a new rally high

GREK 3.6

EIRL, 0.8

EWI, 1.9

EWP, 1.0

EWGS, 1.3

EWD, 1.4

NORW, 1.2

ECH, 2.5

TUR, 6.1

EZA, 1.5, a new rally high

EWUS, 1.2, a new rally high

ARGT, 2.5, a new rally high

VT, 1.4, a new rally high,

EEM 2.8, a new rally high

Sectors traded higher

CHII, 1.3

FXR, 1.6

XLI, 1.3

XTN, 1.6

SLX, 2.8, a new rally high, taking PICK,2,3,  KOL, 3.0, and XME,2.4  higher.

IEZ, 1.6, a new rally high

OIH, 1.6, a new rally high,

XOP, 1.2, a new rally high,

PSCE, 1.5, a new rally high

SPHB, 1.7, a new rally high

FLM, 2.2, a new rally high

IGV, 1.4, a new rally high

IBB, 2.0, a new rally high

TAN, 2.4, a new rally high,

BJK, 2.1, a new rally high,

SMH, 1.3, a new rally high,

FDN, 1.2, a new rally high

XIV, 3.8

XRT, 1.6

RZV, 1.7,

WOOD, 1.5

IGN, 1.4

RXI, 1.1

PBS, 1.0

Yield bearing sectors traded higher

SEA, 1.7, a new rally high

PSP, 1.5, a new rally high

DBU, 1.3,

CHIX, 2.8, a new rally high

FEFN, 2.3, a new rally high, led by SHG

EMFN, 1.5

EPI, 3.3

AUSE, 1.5

EUFN, 0.8

IAI, 1.1

KCE, 1.0

RWW, 0.8

KRE, 0.5

IXG, 1.5

Robert Wenzel of Economic Policy Journal writes So Much for Congress: Kerry Gives Assad One Week Deadline. The Guardian reports: The US secretary of state has said that President Bashar al-Assad has one week to hand over his entire stock of chemical weapons to avoid a military attack. But John Kerry added that he had no expectation that the Syrian leader would comply.

Kerry also said he had no doubt that Assad was responsible for the chemical weapons attack in east Damascus on 21 August, saying that only three people are responsible for the chemical weapons inside Syria – Assad, one of his brothers and a senior general. He said the entire US intelligence community was united in believing Assad was responsible.[…]Kerry said Assad might avoid an attack if he handed every bit of his chemical weapons stock, but added that the Syrian president was not going to do that.[…]

Kerry said the Americans were planning an “unbelievably small” attack on Syria. “We will be able to hold Bashar al-Assad accountable without engaging in troops on the ground or any other prolonged kind of effort in a very limited, very targeted, short-term effort that degrades his capacity to deliver chemical weapons without assuming responsibility for Syria’s civil war. That is exactly what we are talking about doing – unbelievably small, limited kind of effort.”

And Robert Wenzel of Economic Policy Journal writes Rand Paul’s Neocon Meetings.  In a Politico blog post on Rand Paul’s position on NSA spying on Americans, I found this side report quite interesting: Paul has had meetings with, among others, Republican mega-donor Paul Singer, a pro-Israel hardliner, and former Mitt Romney adviser Dan Senor. Hmm, Dan Senor. Now that’s a very smart guy who could provide very useful information to Rand on how to run an early presidential campaign and who has the connections in MSM to make sure Rand is treated correctly. Has Politico provided us with an important clue as to who is providing valuable guidance to Rand.

I comment Dan Senor is a political advisor, and zionist of zionists, advocating for war in Syria. His profile on NNDB, communicates that he is a zionist of zionists, as that he is a founding member together with Robert Kagan, a founder of PANC, and Bill Kristol, a correspondent with The Weekly Standard, at The Foreign Policy Initiative. He was a Senior Advisor for Romney for President and was a Spokesman for Coalition Provisional Authority in Iraq. He married Campbell Brown on April 2, 2006, then weekend anchor of The Today Show on NBC.

David Edwards of Raw Story writes Bush neocon Dan Senor worries that Syria vote means that Congress won’t back Iran strike.

On Tuesday, September 10, 2013, Volatility, XVZ, traded lower, The chart of the S&P 500, $SPX, manifested a strong rise above its 50 day moving average.  Liberalism has achieved Peak Prosperity as both World Stocks, VT, Nation Investment, EFA, and Global Industrial Producers, FXR, rose to new all time highs, taking Major World Currencies, DBV, higher to strong resistance, as the Yen, FXY, traded lower, as UK Stocks, EWU, EWUS, such as LYG, rose to rally highs taking the British Pound Sterling, FXB, higher, and as Australia Stocks, EWA, KROO,such as WBK, rose to rally highs taking the Australian Dollar, FXA, higher, as investors cheered the possibility of averting a Western military strike against Syria and China’s economy showed strength, with Bloomberg reporting China August industrial output rises 10.4%.

Nations and regions trading higher included

VT, 1.0

EFA, 1.3

EEM, 0.8

EEB, 1.4

EZU, 1.7, a new all time high

EWW, 3.5

EWD, 1.5

NORW, 1.6

EFNL, 1.5, a new all time high

EWN, 1.8

EWP, 1.5

EWGS, 1.3

GERJ, 0.9

GREK, 0.6, a new rally high

EIRL, 0.4, a new all time high

EPP, 1.5

EWY, 0.8,

EWT, 0.3

IDX, 2.1

ENZL, 1.0

EWA, 1.6

KROO, 1.8

YAO, 1.3, a new all time high

NKY, 0.9, a new rally high

INP, 0.9

SCIN, 0.8

ARGT, 2.6, a new all time high

TUR, 1.8

VTI, 0.7, with IWM, 1.0

Sectors trading higher included

TAN, 1.2, a new rally high,

XIV, 3.6,

SMH, 1.8, a new rally high

FLM, 2.5, A new all time high,

BJK, a new all time high,

PPA, 1.1

FDN, 1.3, a new all time high

IGV, 1.2, a new all time high,

RXI, 1.0

RZV, 0.9

WOOD, 0.8, a new all time high

PBS, 1.2, a new all time high

XTN, 2.6, a new all time high

FXR, 1.5, a new all time high

XLI, 1.5, a new all time high

PSCI, 1.4, a new all time high

CHII, 1.6, a new rally high

PICK, 2.6

XME, 0,6

COPX, 0.4

Yield Bearing Sectors trading higher included

PSP, 0.6, a new all time high

SEA, 0.6, a new all time high

AUSE, 1.9

EPI, 1.7

FEFN, 1.3

CHIX, 1.7, a new rally high

EUFN, 1.0, a new all time high

EMFN, 0.8

RWW, 1.5

IAI, 1.6, a new all time high

KCE, 1.7

IXG, 1.2

Sectors trading lower included

GDX, -3.9, GDXJ, -4.3 and SIL, -3.1, SILJ, -2.8, SSRI, -3.9

Mail Online reports Now Putin calls the shots on Syria: Russia tells U.S. to call off strikes before chemical weapons deal.  USA Today reports Syria will sign arms ban, open storage sites and the Washington Post reports Syrians divided on support for Russian move but appear to agree it has undercut Obama

Tehran Times reports  Iranian official, Syrian FM discuss Russian initiative. Damascus and Tehran believe that Russia’s proposal must put an end to hostilities against the Syrian people and to measures [which are taken] to support terrorist and Takfiri groups in the country,” Iranian Deputy Foreign Minister Hossein Amir-Abdollahian said in Moscow on Tuesday following a meeting with Syrian Foreign Minister Walid al-Muallem, Press TV reported.“Damascus and Tehran believe that although Moscow’s initiative provides all sides with an appropriate political opportunity to resolve the Syrian issue peacefully, the entire region must become free of [all kinds of] weapons of mass destruction,” Amir-Abdollahian added.

Jason Ditz of Antiwar writes Kerry still pushing for Syria War, says US won’t wait long.  He argued that the US strikes were vital and that the US needed to increase aid to the rebels, declaring that if Assad wins Syria could give rise to terrorist groups “worse” than al-Qaeda.

There is no human action as Libertarians such as Justin Raimondo of Antiwar posts We beat the War Party. Rather, there is only Jesus Christ moving to accomplishing the Economy of God, as described by the Apostle Paul in Ephesians 1:10, specifically to accomplish God’s purposes as foretold in Bible Prophecy, as in today’s case, a soon coming war in Syria, where Damascus will be absolutely and utterly destroyed, according to Isaiah 17:1; and which will serve to draw Russian out military forces to commence World War III, specifically to put hooks in Russia’s jaws, and lead its military forces into the middle east, as presented in Ezekiel 38:1-4, which will be a debacle, that coupled with the failure of credit and the collapse of banking, will terminate the Business Cycle, as well as US Dollar Global Hegemony, and introduce regional governance and totalitarian collectivism, as seen in Revelation 13:1-4.  Duane and Shelley Muir of Signposts of the Times write Starting World War III

In 2009, Fed Chairman Bernanke introduced QE1, traded out money good Treasuries, TLT, for the most toxic debt of all types held by the banks, which found their way back to the Fed as excess reserves. This interventionist policy secured investment trust, and reinflated credit worldwide, stimulated global growth and trade, and provided spectacular investment rewards, in such things as Small Cap Value Stocks, RZV, and Global Producers, FXR, through the Leverage Speculative Investment Community, consisting of Asset Managers, such as BLK, Stock Brokers, such as AMTD, Investment Bankers, such as JPM, Banks such as LYG, and Creditors, such as IX.

Through the US Federal Reserve’s “crisis aid”,  losses were socialized to the unsuspecting public, and gains privatized to wiley investors. Along this line of thought Joseph Kishore of WSWS writes US income inequality soars to highest levels on record. The top 1 percent of income earners in the US took in 95 percent of all income gains between 2009 and 2012. And Jerry White of WSWS writes The social chasm in America.  Recently released figures document the growth of social inequality in America to levels not seen in nearly a century. And also MyBudget360 writes Modern day financial repression: Financialization of America creates incentives for massive income inequality.

There is no sustainable economic boom as Jesus Christ operating at the helm of the Economy of God, Ephesians 1:10, enabled the bond vigilantes to rapidly call the Interest Rate on the US Ten Year Note, ^TNX, higher to 2.01% on May 21, 2013, which constituted a “termination event” in Emerging Market Investment, EEM, in Utility Stock Investment, XLU, and in Real Estate Investment, IYR, such as REM, REZ, ROOF, and FNIO.  And the further fast rise of the interest rate on August 13 2013, to 2.71%, constituted an “apocalyptic event” which terminated fiat money, in particular Major World Currencies, DBV, and Emerging Market Currencies, CEW, both of which bounced higher in value, in response to the averting of war in Syria.

The crack up boom part of the Business Cycle is now complete as World Stocks, VT, relative to World Treasury Debt, BWX, that is VT:BWX, and Eurozone Stocks, EZU, relative to EU Debt, EU, EZU:EU, have peaked at their all time highs, on margin credit.

Jesus Christ acting in Dispensation, presented in Ephesians 1:10, that is in oversight of all things economic and political for the fulfillment of every age, era, epoch and time period, has completed the paradigm of liberalism and is the paradigm of authoritarianism, by the fast rise in the Interest Rate on the US Ten Year Note, ^TNX, to 2.9%, resulting in the destruction of Credit, AGG, Major World Currencies, DBV, and  Emerging Market Currencies, CEW.  Liberal policies of investment choice and schemes of credit that supported capitalism, European socialism, and Greek Socialism, are being replaced by authoritarian policies of diktat and schemes of debt servitude, where banks will be integrated with the government, and be known as the government banks, or gov banks for short, and nannycrats will rule in statist regional public partnerships over the factors of production for regional security, stability, and sustainability, establishing austerity over all of mankind.

On Wednesday, September, 11, 2013, Volatility, XVZ, traded lower.  Italy, EWI, Finland, EFNL, Spain, EWP, Ireland, EIRL, Germany, EWG, and Greece, GREK, traded higher, taking the Eurozone, EZU, to a new rally high. Poland, EPOL, Israel, EIS, Norway, NORW, Sweden, EWD, and the UK, EWU, traded higher.

On September 11, 2013, the world passed through an epic pivot point on the topping out of stock wealth, VT, as well as exhaustion of the world central banks’ monetary authority to stimulate global growth and trade, as the US Federal Reserve has crossed the Rubicon of sound monetary policy and has made “money good” investments bad, on the rally from defeat of Obama’s Push War In Syria, and as this upcoming Wednesday the Fed will reveal its much-anticipated “tapering” plans.

The most toxic of debt, such as Fidelity’s Distressed Investments, FAGIX, specifically assets taken in by the US Federal Reserve under QE1, Junk Bonds, JNK, Emerging Market Bonds, EMB, and Eurozone Debt, EU, have been the credit basis of Liberalism’s Grand Finale Stock Rally that that began June 2012 with a Euro Yen, EUR/JPY, currency carry rally, and attained its zenith on September 11, 2013, at 133, with Nation Investment, EFA, World Stocks, VT, Eurozone Stocks, EZU, and Global Industrial Producers, FXR, all topping out in value.

Major World Currencies, DBV, and Emerging Market Currencies, CEW, have been trading lower since May 2013, as competitive currency devaluation is underway on debt deflation, in particular World Treasury Bonds, BWX, and Mortgage Backed Bonds, MBB.

The seigniorage, that is the moneyness of the Milton Friedman Free To Choose Floating Currency Regime, based upon national sovereignty of democratic states, failed on May 21, 2013, on the rise of the Interest Rate on the US Ten Year Note, ^TNX, stimulating currencies to fail, giving confidence to the concept that regionalism is rising to replace capitalism and European socialism and Greek Socialism, with the result being that Large Cap Dividend Stocks, Excluding Financials, DTN, such as S&P Telecom, IST, Utilities, XLU, and Pharmaceuticals, PJP, are no longer underwriting Dividend Growth, VIG.

The global debt bubble served to leverage up the most speculative of stocks, such as the vice stocks held in the Fidelity Mutual Fund VICEX, the Casino and Resorts ETF, BJK, as well as Small Cap Value Shares, RZV, such as PSUN, with the result being that the dynamos of global growth and corporate profitability are winding down, and the dynamos of regional security, stability and sustainability are winding up regionalism, and terminating the concept of investment choice.

Investors should start thinking an investment strategy that is based upon the concept that regional leaders, such as the EU Finance Ministers, and regional bodies such as the ECB, are going to introduce regional governance with new taxes, bank deposit bailins, and capital controls.

The topping out of the EUR/JPY at 133 on September 11, 2013, has opened the door to the short selling opportunity of a lifetime where one should commence selling into rallies as they appear, as in a bull market one buys in dips, but in a bear market one sells into pips.

The 35 ETFs and Stocks seen in this Finviz Screener are excellent short selling opportunities; these being XIV, FDN, CARZ, PBS, IGV, IBB, RZV, PSCI, FPX, IAI, XTN, SMH, XRT, PJP, PSP,  TAN, RXI, FLM, EIRL, WOOD, EUFN, RWW, SPHB, FXR, IGN, BJK, PBJ, EFNL, YAO, NKY, SEA, IX, PRAA, GNW, LYG.

One should consider using the Market OFF ETN, OFF, for the basis for one’s short selling account, as well as buying small amounts of the Gold ETF, GLD, as it dips below 130; and one should consider dollar cost averaging the purchase of physical gold, that is gold bullion as it dips lower, as gold is in a bull market.

On Thursday, September 12, 2013, Volatility, XVZ, (also seen in ^VIX) and the Market Off ETN, OFF, traded higher, as the Euro Yen currency carry trade, EUR/JPY, traded lower, inducing Gold, GLD, 3.0% lower, and Silver, SLV, 5.5%, lower, taking Gold Miners, GDX, GDXJ, Silver Miners, SSRI, SIL, SILJ, lower. Sectors trading lower included Solar, TAN, Automobiles, CARZ, Small Cap Industrials, PSCI, and Transportation, XTN, as well as Metal Manufacturing, XME, Steel Producers SLX, Coal Miners, KOL, Industrial Miners, PICK, and Copper Miners, COPX.  World Stocks, VT, Nation Investment, EFA, and Global Industrial Producers, FXR, traded lower.  European Financials, EUFN, and the Eurozone Stocks, EZU, traded lower. China Financials, CHIX, traded lower, inducing China, YAO, lower. Mexico, EWW, Indonesia, IDX, Philippines, EPHE, Thailand, THD, Peru, EPU, Chile, ECH, Argentina, ARGT, and India, INP, traded lower.

ETF Daily News reports Higher Interest Rates Are Disrupting The Job Market

Tabinda Hussain of ValueWalk writes EUR Likely To Fall As Selling Pressure Looms Societe Generale’s latest hedge fund monitor sees some troubling signs for the Euro, FXE, ahead, the report expects selling pressure to return to euro soon as monetary policy in U.S. and Europe takes decidedly different course. Currently hedge funds are net buyers of euro against the dollar

Benson te rightly asks Who says stock markets reflect on the state of the economy European stocks represented by the STOXX 50 have been rising since the last quarter of 2011 and have presently been drifting at 2 year highs

Even as the Eurozone has been mired by a continuum of negative growths (based on annual and quarter growth) for the entire 2012 until the 1st quarter 2013

GDP annualized

GDP by quarter

The parallel universe and the divergence between stock market performance and economic activity such a GDP, began to narrow ever so slightly on Thursday, September 12, 2013.

Jesus Christ acting in dispensation, Ephesians 1:10, that is working to fulfill and complete every age and era, brought liberalism’s moral hazard based investment prosperity to its zenith on September 11, 2013, on a Euro Yen currency carry trade, and on a Renminbi/Yuan currency carry trade, and now money, that is currency and stock wealth, is dissipating as trust waines in the authority of nation states and central bankers. The result being that the fiat money system, which has been the driving factor for all economic and political activity since 1971 when President Nixon followed Milton Friedman’s advice and took the US off the gold standard, is being replaced by the diktat money system.

Through the failure of money, that is currency and stock wealth, the new paradigm of authoritarianism and trust in regional governance, totalitarian collectivism and nannycrats is commencing, by Jesus Christ laboring in the household administration of God, Ephesians 1:10, to produce a new epoch and time period. There is neither choice nor human action, there is only destiny and fate coming through the movement of the Spirit of God in the lives of people, producing the will of God in all things.  It is not as Ludwig von Mises relates “Society lives and acts only in individuals; it is nothing more than a certain attitude on their part. Everyone carries a part of society on his shoulders; no one is relieved of his share of responsibility by others. And no one can find a safe way out for himself if society is sweeping towards destruction. Therefore everyone, in his own interests, must thrust himself vigorously into the intellectual battle. None can stand aside with unconcern; the interests of everyone hang on the result. Whether he chooses or not, every man is drawn into the great historical struggle, the decisive battle into which our epoch has plunged us.”

Liberalism was the era of investment choice powered by credit, and was shaped by great leaders;  authoritarianism is the era of diktat powered by debt servitude, it will also be shaped by great leaders.

Time Magazine always comes up timely and thought provoking articles. Time Magazine’s cover for the September 23rd issue states How Wall Street Won. And Chris Rossini writes in Economic Policy Journal, The Stalwart thinks that it’s different this time around. You’d think Keynesian Joe would be happy with the big bold letters. Wall Street did “win” right? They got their bailouts, and their fat bonuses, at the taxpayer expense. They also got a slew of QE’s from The Fed to help artificially pump up the stock market again. And let’s not forget that The Fed also “saved the system”. With such a victory, what problem can Weisenthal have? Well, right underneath the prominent headline, it mentions the 2008 crash, and how “It could happen all over again”. Weisenthal will have none of that dispirited talk!

Can’t everyone just wise up and understand just how powerful The FED is? They can counterfeit $1 Trillion per year out of thin air? Who else has that kind of power?

You see, according to Joe, this time is different. This time, the economic laws of supply and demand have been removed from existence. Cause & Effect too…they’re gone. This is typical thinking for those who operate without theory. Keynesians, like Weisenthal, just focus on the latest data (and anyone who reads Joe knows that he’s like a kid in a candy store anytime numbers are released). There’s no perception past that data. This is why Keynesians are always “shocked” when the downturn occurs. Once again, those of us who do see it coming, will have to weather yet another tough economic downturn. And we’ll have to do it with our “shocked” antagonists telling the world that “no one saw it coming.” It’s getting old.

Siite refers us to the Time Media Kit Biographies of Time Magazine Founder Henry Luce. Henry R. Luce, co-founder of TIME magazine, was described in 1961 by Current Biography as “the giant of twentieth-century American journalism.” He served as editor-in-chief of all TIME Inc. publications until 1964, when he resigned and became editorial chairman of TIME Inc.

The camaraderie Luce felt with Hadden continued to develop as the two enrolled together as members of the class of 1920 at Yale University. With Hadden as chairman, Luce served as editor of the Yale Daily News. Luce and Hadden entered Yale’s Reserve Officers Training Corps and both rose to the rank of second lieutenant. Luce often spoke of the countless nights he spent at Camp Jackson in South Carolina with Hadden discussing journalism and the need for a new kind of newspaper or magazine to help educate a misinformed populace. Luce was voted “most brilliant” of his class at Yale and, after graduation, parted ways with Hadden to study history at Oxford University for a year.

Luce returned to the U.S. and accepted a job as a cub reporter at the Chicago Daily News. He joined Hadden in Baltimore in December 1921 where they worked side by side as reporters for The Baltimore News. Nightly discussions of the concept of a newsmagazine led the two, both age 23, to quit their jobs in 1922. Having raised $86,000 of a $100,000 goal, the first issue of TIME was issued on March 3, 1923. Hadden became editor and Luce business manager. With regards to this arrangement, Luce said, “When the Time came to decide who was editor, Brit Hadden just had to be it, so I took the business side.” Luce and Hadden annually alternated year-to-year the titles of president and secretary-treasurer.

Upon Hadden’s sudden death in 1929, Luce assumed the role of editor of TIME magazine.

Henry Luce died in March of 1967 and was remembered by Life magazine as “the most successful editor of his TIME, a great popularizer of ideas, a man who revolutionized modern journalism.”

Wikipedia relates The group Skull & Bones is featured in conspiracy theories, which claim that the society plays a role in a global conspiracy for world domination. Theorists such as Alexandra Robbins suggest that Skull and Bones is a branch of the Illuminati.[20]  The yearbook listing of Skull & Bones membership for the 1920 delegation included co-founders of Time magazine, Briton Hadden and Henry Luce.

Members are assigned nicknames (e.g., “Long Devil”, the tallest member, and “Boaz”, a varsity football captain, or “Sherrife” prince of future). Many of the chosen names are drawn from literature (e.g., “Hamlet“, “Uncle Remus“), religion, and myth. The banker Lewis Lapham passed on his nickname, “Sancho Panza“, to the political adviser Tex McCrary. Averell Harriman was “Thor“, Henry Luce was “Baal“, McGeorge Bundy was “Odin“, and George H. W. Bush was “Magog“.[23]

In the 2004 U.S. Presidential election, both the Democratic and Republican nominees were alumni. George W. Bush wrote in his autobiography, “[In my] senior year I joined Skull and Bones, a secret society; so secret, I can’t say anything more.”[24] When asked what it meant that he and Bush were both Bonesmen, former Presidential candidate John Kerry said, “Not much, because it’s a secret.”[25][26]

The society’s current class meets every Thursday and Sunday night during their senior year.[27]

On Friday September 13, 2013, The Interest Rate on the US Ten Year Note, ^TNX, closed at 2.9%. The EUR/JPY closed at 132.02, down from its mid week high of 133.

Sarika Gangar and Veronica Navarro Espinosa of Bloomberg report: “Verizon Communications Inc. and Ecopetrol SA are leading the busiest week ever for dollar- denominated bond sales. Corporate borrowers have issued $80.1 billion of debt this week, surpassing the previous record of $60.4 billion set in March 2012. Verizon’s unprecedented $49 billion offering followed a $2.5 billion sale by Colombian oil producer Ecopetrol and $2.42 billion of subordinated debt from Citigroup Inc. that removes the last vestiges of its government bailout during the financial crisis.”

Puerto Rico, like the nations of Chile, ECH, Peru, EPU, is a failed democracy and has no fiscal or financial seigniorage, as Laura Marcinek and Michelle Kaske of Bloomberg report Popular, Puerto Rico’s biggest bank, extended a three-day slide after the island’s economy shrank and yields on the government’s debt rose past 10%..The shares have declined 15% since their two-year high on Aug. 20. Chief Executive Officer Richard Carrion has sought to rid Popular of bad loans after a $935 million U.S. bailout in 2008. The local economy contracted 5% this year through July, the most since February 2010. Puerto Rico’s bonds rank one step above junk, and yields have soared amid doubt about the government’s ability to carry more debt. Popular’s bailout debt is the largest still outstanding in the Troubled Asset Relief Program’s capital purchase fund. It’s almost three times more than the second-largest debtor, Puerto Rico’s First BanCorp, which owes $254 million.

3) … On Friday September 13, 2013, five years out from the financial crisis, liberalism has produced peak prosperity with World Stocks, VT, Nation Investment, EFA, and Global Industrial Producers, FXR, rising to all time highs.

The collapse of the Investment Bank Lehman Brothers occurred five years ago, on September 15, 2008, and brought to the surface the global financial crisis. In 2009, Fed Chairman Bernanke introduced QE1, traded out money good Treasuries, TLT, for the most toxic debt of all types held by the banks, which found their way back to the Fed as excess reserves. This interventionist policy secured investment trust, and reinflated credit worldwide, stimulated global growth and trade, and provided spectacular investment rewards, in such things as Small Cap Value Stocks, RZV, and Global Producers, FXR, through the Leverage Speculative Investment Community, consisting of Asset Managers, such as BLK, Stock Brokers, such as AMTD, Investment Bankers, such as JPM, Banks such as LYG, and Creditors, such as IX.

Through the US Federal Reserve’s “crisis aid”,  losses were socialized to the unsuspecting public, and gains privatized to wiley investors. Along this line of thought Joseph Kishore of WSWS writes US income inequality soars to highest levels on record. The top 1 percent of income earners in the US took in 95 percent of all income gains between 2009 and 2012. And Jerry White of WSWS writes The social chasm in America.  Recently released figures document the growth of social inequality in America to levels not seen in nearly a century. And also MyBudget360 writes Modern day financial repression: Financialization of America creates incentives for massive income inequality.

This week margin credit drove World Stocks, VT, Nation Investment, EFA, and Global Industrial Producers, FXR, to their all time highs.  In the US, VTI, the Russell 2000, IWM, and the S&P 500, SPY, rose for all practical purposes to their all time highs.  It has been margin credit coming from the leveraged speculative investment community, specifically Regional Banks, KRE, such as RF, the Too Big To Fail Banks, RWW, such as BAC, Asset Managers, such as BlackRock, BLK, Stock Brokers, IAI, such as ETFC,  as well as a topping out of the Euro Yen currency carry trade, that is the EUR/JPY, that has given seigniorage, that is moneyness, to the Russell 2000, IWM, and the S&P 500, SPY, as is seen in the ongoing combined Yahoo Finance Chart of  IWM, KRE, SPY, and RWW. Of note, Biotechnology, IBB, Casinos and Resorts, BJK, and Semiconductors, SMH, soared this week, as Volatility ETF, XVZ, and the Market Off ETN, OFF, traded near their all time lows.

There is no sustainable economic boom as Jesus Christ operating at the helm of the Economy of God, Ephesians 1:10, enabled the bond vigilantes to rapidly call the Interest Rate on the US Ten Year Note, ^TNX, higher to 2.01% on May 21, 2013, which constituted a “termination event” in Emerging Market Investment, EEM, in Utility Stock Investment, XLU, and in Real Estate Investment, IYR, such as REM, REZ, ROOF, and FNIO.  And the further fast rise of the interest rate on August 13 2013, to 2.71%, constituted an “apocalyptic event” which terminated fiat money, in particular Major World Currencies, DBV, and Emerging Market Currencies, CEW, both of which bounced higher in value, in response to the averting of war in Syria.

The crack up boom part of the Business Cycle is now complete as World Stocks, VT, relative to World Treasury Debt, BWX, that is VT:BWX, and Eurozone Stocks, EZU, relative to EU Debt, EU, EZU:EU, have peaked at their all time highs, on margin credit.

Jesus Christ acting in Dispensation, presented in Ephesians 1:10, that is in oversight of all things economic and political for the fulfillment of every age, era, epoch and time period, has completed the paradigm of liberalism and is the paradigm of authoritarianism, by the fast rise in the Interest Rate on the US Ten Year Note, ^TNX, to 2.9%, resulting in the destruction of Credit, AGG, Major World Currencies, DBV, and  Emerging Market Currencies, CEW.  Liberal policies of investment choice and schemes of credit that supported capitalism, European socialism, and Greek Socialism, are being replaced by authoritarian policies of diktat and schemes of debt servitude, where banks will be integrated with the government, and be known as the government banks, or gov banks for short, and nannycrats will rule in statist regional public partnerships over the factors of production for regional security, stability, and sustainability, establishing austerity over all of mankind.

4) Summary thoughts on Bible Prophecy and Syria.

If God’s Word of Bible Prophecy be true, Russian President Vladimir Putin who op-ed in The New York Times about Syria, will have to eat his words, “We must stop using the language of force and return to the path of civilized diplomatic and political settlement,” as Damascus will be absolutely and utterly destroyed, according to Isaiah 17:1, and as God will put hooks in Russia’s jaws, and will lead its military forces into the middle east, as presented in Ezekiel 38:1-4, which will be a debacle, that coupled with the failure of credit and the collapse of banking, will terminate the Business Cycle, as well as US Dollar Global Hegemony, and introduce regional governance and totalitarian collectivism, as seen in Revelation 13:1-4. Perhaps one might consider reading Duane and Shelley Muir of Signposts of the Times who appropriately write Starting World War III.

Bloomberg reports Hoyer Says Obama Could Strike Syria Without Congress Vote. The second-ranking House Democrat said President Barack Obama has the authority to use military force against Syria without returning to the U.S. Congress for approval should diplomacy fail to compel Syria to surrender its chemical weapons arsenal. Democratic Whip Steny Hoyer of Maryland said neither he nor House Minority Leader Nancy Pelosi “believe the president is required to come to Congress in this instance, and could act on his own.” He made his comments in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend.

Bloomberg reports Washington Leadership Vacuum Raises Risks of Shutdown. President Barack Obama couldn’t get Democrats to go along on Syria. House Speaker John Boehner couldn’t get fellow Republicans to go along on a budget bill. The one man who has proven he can cut deals with the White House, Senate Republican leader Mitch McConnell of Kentucky, is consumed with a tough re-election bid. It’s enough to have Americans asking: Who’s running Washington.

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