Why is the US Recovery the Worst Compared to Other Countries?
The financial crisis of 2008 did not affect only the US; Europe and Asia also suffered severe recessions, or "great recessions". Since then there has been a recovery worldwide, and we can monitor the strength of the recovery. The bottom of the crisis was in the fall of 2008, about 13 quarters ago. How much improvement has there been?
The above chart compares the economic recovery — as measured by real GDP per capita — of each nation at different points after the trough of their recessions. At the lowest point of the crisis, we set the GDP per capita index to the value 100, for each country. The above chart shows how this index has fared in Finland, Sweden, Japan, and the US, for the recessions in each country, showing that the US by far had the worst recovery of the four countries.
Japan, Finland and Sweden have all gone through what the U.S. is currently going through. And all three of them had recoveries stronger than America’s. The U.S. recovery is doing worse than all of them. The U.S. recovery is in dead last place after 12 quarters from the bottom.
The U.S. recovery vis a vis Japan, another large, advanced economy, is of particular interest.
The poster child for slow growth coming out of a debt-fuelled financial crisis indubitably is Japan, which ever since the early 1990s has had trouble getting GDP growth going again. The recession which kicked off Japan’s “lost decade” lasted from 1991 to 1993. Yet even compared to that awful recovery experience from that recession in Japan is sobering: we are currently faring even worse than Japan at the same point in their lost decade. The US is worse than the worst economy in the world since 1991.
Why is this?
The answer is the policies of the Obama administration, which have been hostile to business, have increased government spending egregiously, have increased government debt by unprecedented amounts, and which have no clue as to what to do. Obama knows only the mantra of higher taxes, more borrowing from future generations, and ultimately, more inflation as Bernanke helicopters in more money, generated out of thin air.
So is the U.S. headed for a Lost Decade (or more) of weak growth, too?
For sure, if Obama is re-elected. If Romney is elected, this remains to be seen.
Specializing in analysis of complex data sets (BLS, CBO, IRS, WH, FDIC, Moody's, & Other) and creation of meaningful technical charts, graphs, and narratives: Blogging by Abe Lesnik
Tuesday, July 31, 2012
The Obama Credit Crunch: Why We Are Slipping Back Into Recession
The Obama Credit Crunch: Why We Are Slipping Back Into Recession:
The above chart shows the ratio of: (a) the number of credit upgrades, to (b) the number of credit downgrades, reported by credit rating agencies for corporations in the US and Europe.
The trend obviously is that in the last 2 years, credit has been shrinking, i. e., it is getting more and more difficult for companies and people to borrow money from banks, credit unions, loan sharks, and even relatives.
This is where the rubber meets the road in terms of the real cost, and the real impact on businesses, of Obama's unfriendly, and even hostile attitude towards anyone who is an entrepreneur or business person. It is the consequence of "spread the wealth" government policies, meaning higher taxes, higher government spending, re-distribution of wealth, huge annual government deficits, and financing of government spending by issuing more and more debt, in the form of Treasuries. The effect of more and more government debt is to make borrowing more difficult for private corporations and individuals.
In particular, in the normal course of business, private corporations need to regularly 'roll debt', meaning they need to re-issue or re-lever debt, whenever existing or current loans or bonds come due. However, this is made more difficult and costly to the corporation when credit gets tighter, as is happening now, as shown in the chart. So the current difficult credit environment increases the cost of doing business, which means fewer people will be hired, and more people losing their jobs. Things are as bad as they have been since the crisis began in terms of ratings changes among investment grade and high-yield credit.
The credit crunch was aided and abetted by Obama. And it is another indicator of why we are slipping back into recession.
The above chart shows the ratio of: (a) the number of credit upgrades, to (b) the number of credit downgrades, reported by credit rating agencies for corporations in the US and Europe.
The trend obviously is that in the last 2 years, credit has been shrinking, i. e., it is getting more and more difficult for companies and people to borrow money from banks, credit unions, loan sharks, and even relatives.
This is where the rubber meets the road in terms of the real cost, and the real impact on businesses, of Obama's unfriendly, and even hostile attitude towards anyone who is an entrepreneur or business person. It is the consequence of "spread the wealth" government policies, meaning higher taxes, higher government spending, re-distribution of wealth, huge annual government deficits, and financing of government spending by issuing more and more debt, in the form of Treasuries. The effect of more and more government debt is to make borrowing more difficult for private corporations and individuals.
In particular, in the normal course of business, private corporations need to regularly 'roll debt', meaning they need to re-issue or re-lever debt, whenever existing or current loans or bonds come due. However, this is made more difficult and costly to the corporation when credit gets tighter, as is happening now, as shown in the chart. So the current difficult credit environment increases the cost of doing business, which means fewer people will be hired, and more people losing their jobs. Things are as bad as they have been since the crisis began in terms of ratings changes among investment grade and high-yield credit.
The credit crunch was aided and abetted by Obama. And it is another indicator of why we are slipping back into recession.
Barbara Walters: The only really ugly woman in this picture
Barbara Walters: The only really ugly woman in this picture...
---->>> Viewers comments:
'Who is Barbara Walters to criticize the Queen for being stoic during the opening ceremony? Newsflash: The Queen does what she wants, bitch!'
'Barbara Walters - Leave the Queen alone. She has more class in her little finger than you have in your whole life. Have some respect,'
'How insulting. I am embarrassed as an American by your insensitive comments about a Lady who has been Queen for 50 years.'
Barbara Walters is an outdated and insensitive woman. Her comments about the Queen are disrespectful. Barbara should retire.'
---->>> What Barbara said:
'She is 86, but she dresses like something out of the 19th century'
'The pink dress with the pink plume, but then the black gloves and the black bag... what does the Queen keep in that bag anyway? And black shoes with the pink dress?.'
'Let me tell you my thing with the Queen… but let me tell you my problem with her... this is a woman who does not know how to smile.' She added that Her Majesty did not change her facial expression while listening to children singing a rendition of 'God Save the Queen'.
'Now, would it have killed this woman, this Queen, to go...', she said while pulling a fake smile (see picture, above). 'It’s such a sour face.'
Baba said she disapproved of the Queen's stern facial expression and choice of clothing.
---->>> Viewers comments:
'Who is Barbara Walters to criticize the Queen for being stoic during the opening ceremony? Newsflash: The Queen does what she wants, bitch!'
'Barbara Walters - Leave the Queen alone. She has more class in her little finger than you have in your whole life. Have some respect,'
'How insulting. I am embarrassed as an American by your insensitive comments about a Lady who has been Queen for 50 years.'
Barbara Walters is an outdated and insensitive woman. Her comments about the Queen are disrespectful. Barbara should retire.'
---->>> What Barbara said:
'She is 86, but she dresses like something out of the 19th century'
'The pink dress with the pink plume, but then the black gloves and the black bag... what does the Queen keep in that bag anyway? And black shoes with the pink dress?.'
'Let me tell you my thing with the Queen… but let me tell you my problem with her... this is a woman who does not know how to smile.' She added that Her Majesty did not change her facial expression while listening to children singing a rendition of 'God Save the Queen'.
'Now, would it have killed this woman, this Queen, to go...', she said while pulling a fake smile (see picture, above). 'It’s such a sour face.'
Baba said she disapproved of the Queen's stern facial expression and choice of clothing.
The Lying US Treasury: Must Fire Geithner Now, Must Fire Geithner Now
On April 30 the Treasury published its latest debt funding needs projection. It was a lie, and they knew it, but nevertheless published it with a straight face.
What was the lie? On April 30 the Treasury projected tax revenues that it knew were a lie. For example, it was well known that as US workers were making less as increasingly more permanent jobs were being converted into temp jobs. The result of course was lower wages and less withheld tax and less tax revenue to the Treasury. This was obvious, evident, and deliberately ignored and lied about on April 30.
The lie was outed yesterday, when Treasury announced that it needed, surprise!, to borrow $12 Billion more in the quarter than originally projected. How big a lie was it? Well, the Treasury will issue $276 Billion in net marketable debt in the quarter, a miss of nearly 5% on a quarterly basis.
The $12 Billion debt increase is due primarily to lower tax receipts (big surprise!), higher outlays, redemptions of portfolio holdings by the Federal Reserve System, and higher issuances of State and Local Government securities. So if only it wasn't for that pesky lack of revenue and excess spending, which everyone knew about but ignored, the projected lending would have, zounds!, actually been accurate. How about that?
So as a result, instead of needing $253 billion in fiscal Q4, the US will need $272 billion, after having a $5 greater financing need in fiscal Q3, also expected in calendar Q1.
In calendar Q4, the Treasury will need to issue $331 billion in debt, 21% more than in calendar Q3, and 17% more than in calendar Q4 of 2011. As Bob Dylan used to say, (and this is an actual quote, unlike what you may read in David Remnick's New Yorker rag): "The executioners face is always well hidden".
The upshot of all this is to document how the United States Department of the Treasury has been totally politicized, in that it consistently makes rosy projections which it announces for campaign purposes, and then later on, quietly, as mandaded by law, it finally supplies the real numbers, which are always egregiously over the top of the projected numbers. Always.
The sad and de-emphasized (for political reasons) fact is that calendar 2012 will see a 10% increase in total debt, while total US GDP is expected to rise by just under 2% for the full year.
So let's throw the bums out. Fire Geithner now.
Monday, July 30, 2012
GDP Growth Is Stalled (US & EU): We Are Already In a UK Style Double-Dip
GDP Growth Is Stalled (US & EU): We Are Already In a UK Style Double-Dip
We are already in Double-Dip Recession territory.
The consensus cadre of economic geniuses the world over, headed by chief helicopter pilot Ben Bernanke, predicted a 2012 GDP growth of 3%. In actuality, in the US the number is instead an anemic 1.5%, and in Europe the number is effectively zero.
The above chart shows the GDP growth since the recession began in 2008, and what is evident and quite distressing is that what used to be a recovery in both EU and US, appears to have stalled, ceased, and given up the ghost.
But Pollyanna is not dead. Undeterred and unfazed, despite getting the first half of 2012 wrong, many of the same geniuses are now doubling down on the fairy tale that lower oil prices (not happening), rising auto sales (really anemic), recovering house prices (nonexistent, actually falling) , and a resurgence of U.S. manufacturing (not happening) will boost growth in the second half of the year and fuel above-potential growth by 2013.
Obviously, this is another pipe dream designed to artificially boost the stock market. Why do that? So that the geniuses can quickly realize some temporary gains and get out of Dodge. There are nothing but thieves, as far as the eye can see.
Believe no one. Not Dick Bove, who is a shill for the banks. Not Gaithner, whose amazing streak of luck is about to run out, not any of the in-the-tank-for-Obama CNBC charlatans, headed by Steve Liesman and abetted by the bipolar manic fool Jim Cramer, who is incapable of focusing on anything but the shiniest object in the room. One's a dolt, and the other really would benefit from a short hospitalization.
Well then, is there anyone at all out there who can be believed? Who is an honest man or woman? Hmmm....Difficult...But YES, Bippy, there are some heros out there. Who?
Rick Santelli.
Professor Nouriel Roubini.
Dr. Marc Faber
Angela Merkel.
Of course there is always Milton Friedman, Friedrich Hyak, Adam Simth, and Ricardo, but unfortunately and sadly, all these fine and brilliant individuals, are sleeping with the fishes.
What to do in these dire circumstances?
1. Do like the geniuses do. Realize any and all gains immediately, and then run like hell.
2. Do all in your power to defeat the current man child socialist spread the wealth President.
And then you will be a man, my son.
We are already in Double-Dip Recession territory.
The consensus cadre of economic geniuses the world over, headed by chief helicopter pilot Ben Bernanke, predicted a 2012 GDP growth of 3%. In actuality, in the US the number is instead an anemic 1.5%, and in Europe the number is effectively zero.
The above chart shows the GDP growth since the recession began in 2008, and what is evident and quite distressing is that what used to be a recovery in both EU and US, appears to have stalled, ceased, and given up the ghost.
But Pollyanna is not dead. Undeterred and unfazed, despite getting the first half of 2012 wrong, many of the same geniuses are now doubling down on the fairy tale that lower oil prices (not happening), rising auto sales (really anemic), recovering house prices (nonexistent, actually falling) , and a resurgence of U.S. manufacturing (not happening) will boost growth in the second half of the year and fuel above-potential growth by 2013.
Obviously, this is another pipe dream designed to artificially boost the stock market. Why do that? So that the geniuses can quickly realize some temporary gains and get out of Dodge. There are nothing but thieves, as far as the eye can see.
Believe no one. Not Dick Bove, who is a shill for the banks. Not Gaithner, whose amazing streak of luck is about to run out, not any of the in-the-tank-for-Obama CNBC charlatans, headed by Steve Liesman and abetted by the bipolar manic fool Jim Cramer, who is incapable of focusing on anything but the shiniest object in the room. One's a dolt, and the other really would benefit from a short hospitalization.
Well then, is there anyone at all out there who can be believed? Who is an honest man or woman? Hmmm....Difficult...But YES, Bippy, there are some heros out there. Who?
Rick Santelli.
Professor Nouriel Roubini.
Dr. Marc Faber
Angela Merkel.
Of course there is always Milton Friedman, Friedrich Hyak, Adam Simth, and Ricardo, but unfortunately and sadly, all these fine and brilliant individuals, are sleeping with the fishes.
What to do in these dire circumstances?
1. Do like the geniuses do. Realize any and all gains immediately, and then run like hell.
2. Do all in your power to defeat the current man child socialist spread the wealth President.
And then you will be a man, my son.
Sunday, July 29, 2012
Obama Made It Worse: Reagan GDP Was 9%, Starting With Worse Recession & Higher Unemployment
Obama
Made It Worse: Reagan GDP Was 9%, Starting With Worse Recession & Higher
Unemployment
The
Anemic Recovery
The
Obama economic story consists of a near-death recovery that has taken its third
dip in three years and stagnating income for most Americans. As the above chart
shows, this is the third straight year of a moribund, sputtering recovery.
Indicators
of Anemic Recovery:
è
Growth
of 4.1% in Q4 of ‘11, declining to 2% in the Q1 ‘12 and now 1.5% in the Q2.
è
Consumption
dropped to 1.5%, down from 2.4% in the first quarter.
è
Wages
and salaries are barely keeping pace with inflation.
è
Business
inventories climbed unexpectedly in Q2 of ‘12, a harbinger of decline in
business spending in the next quarter, usually done to clear the shelves.
Comparison
To Previous Recoveries
It
is important to note that what is happening in the economy, namely an
extraordinarily unusual weak recovery, can be legitimately blamed on the
misguided, naive, inexperienced, and ignorant Obama economic policies.
Previously, what has always occurred after deep recessions, like the one from
December 2007 to June 2009, is that invariably such deep recessions are
followed by stronger than usual recoveries, as there is more lost ground to
make up. Not so with the Obama policies, which are actually hostile to
business, by increasing wasteful government spending, and which suck money out
of the real economy, which would otherwise have created jobs.
The
most recent comparable recession occurred in 1981-1982, after Reagan was
elected in November of 1980. As the above chart shows, the Reagan economic
policies, including massive tax reform, resulted in an expansion which exploded
with a 9.3% quarter and kept up a robust pace for years. By the 12th quarter of
expansion, growth popped up to 6.4.%. At this stage of the Reagan expansion,
overall GDP was 18.5% higher versus 6.7% Obama, according to Congress's Joint
Economic Committee. This puts the lie to the Obama apologists who bleat about
how terrible an economy they inherited. The truth is that Reagan inherited a
much worse economy, where unemployment rose to 10.7%, which was higher than the
10.1% unemployment peak for Obama. But Reagan addressed the problems with
sound, proven policies of less taxes and cuts in spending. Obama did the
opposite, and made it much worse.
Comparing
the current anemic recovery with the average recovery since the end of World
War II, the Obama growth rate is shown to be well below the norm of 15.2%.
Currently the U.S. is running about $1.5 trillion of economic output behind
where it should be. It is an economic disaster comparable to the Great
Depression, and Obama is running away from the issue, focussing instead on fund
raising for his
undeserved
re-election. He is the worst President since Milard Filmore, and deserves to be
thrown out of office.
Impact
of Anemic Recovery on Americans
What is the difference between a robust job market and
lost opportunity for millions of Americans? It is the difference between a
small federal budget deficit and more than $1 trillion for four straight years.
It is the difference between a rising or falling poverty rate. The Obama
Presidency has been the worst for the middle class and the poor in many decades
- arguably the worst in American history.
Recovery
Has Been Worse Than Previously Estimated
Not
to be overlooked in this tale of woe is the Bureau of Economic Analysis recent
revision of the post-2008 GDP numbers, based on the availability of more
detailed data. This shows that the recovery was even weaker in 2010 than
previously estimated. The growth rate for the first two quarters of 2010 were
revised sharply downward, and for the year to 2.4% from 3%. This further
discredits the value of the government's 2009-2010 stimulus spending bonanza.
Business investment and inventory buildup were both revised downward for 2010,
which suggests that the stimulus did almost nothing to boost business
confidence.
Failure
of Keynes & Obama/Pelosi/Reid Stimulus
According
to Keynes theory, government spending is supposed to boost consumer demand such
that more business spending will occur in order to meet that demand. Instead
the $830 billion stimulus Obama/Nancy Pelosi/Reid boondoggle, which stimulated
nothing, and which seems to have created a short-term GDP blip based on
government expenditures, but no growth. In return for blowing out the federal
balance sheet, Americans got more debt but not more growth. And Mr. Obama says
he wants $100 billion in more
stimulus
now? Throw the bum out, as incompetent, misguided, destructive to the American
economy.
Ideological
Economics
The
Obama Presidency is the most ideological Presidency in history. It ignored the
economic realities, and acted on the basis of socialistic, spread the wealth,
totally bogus theories. Obama ignored the supply side: the producers, the
risk-takers, the salary earners who put in 50 and 60 hours a week to get ahead.
They have been battered by Washington, and no matter how much government lies
about trying to conjure growth with more spending and easier monetary policy,
businesses won't produce and workers won't work if government threatens to
confiscate returns. Which they do with barely disguised arrogance.
Banks
lending is minimal, in no small part because of Dodd-Frank's penalties and
regulations. As a matter of self preservation and economic survival, investors
are sending their money abroad. Why? Because the President is promising to
wallop them with huge tax increases on January 1. Why should businesses
purchasing new equipment, or hire as many workers, if they are kept in the
dark, and treated like mushrooms by Obama, as to what the real costs will be
from new regulation and Obamacare. Nobody is willing to fall on their sword for
Obama, and nobody has any faith in any of his prognostications, which have been
shown time and time againg to be bogus and unreliable.
If
this were a normal recovery, investment would be $1.4 trillion higher.
Obviously, American investors are finding better returns abroad, and are being
chased away from American shores by Mr. Obama's solution, which are to raise
the capital gains and dividend tax rates.
Conclusion
One
thing is sure - the 1.5% second quarter should solidify in the public mind that
President Obama has failed on the economy. Throw the bum out.
Saturday, July 28, 2012
Slipping Back Into Recession: Obama Gives Up On Economy & Spends All His Time On Campaign & Fund Raising
Slipping Back Into Recession: Obama Gives Up On Economy
& Spends All His Time On Campaign & Fund Raising
How do we really know that we are sinking back into recession? Let me count the ways.
1. GDP Output Gap
Figure 1 above shows the gap between the real or actual GDP and the Potential GDP at which the economy should be performing. Starting in mid-2008, mirroring the recession, this GDP gap (~ 3/4 of a trillion dollars) showed the impact of the recession on the economy. Note that the GDP gap has continued to the present moment, middle of 2012, which is why so many people opine that they feel we are still in a recession.
2. Lagging Economic Recovery Leaders
Five (5) economic recovery leaders tell us whether the economy is growing out of, or shrinking into, a recession: 1. Consumer Spending, 2. Spending on All Goods, 3. Spending on Durable Goods, 4. Spending on Non-Durable Goods, 5. Spending on Services.
Figure 2 above,("Economic Recovery Leaders Now Lagging"), shows that all 5 of these Leading Indicators have now fallen back, in mid 2012, to the levels of March 2011, when the effects of the Japanese Earthquake and Tsunami roiled world markets. But we are at the Tsunami lows not as a result of any natural catastrophe. It is a catastrophe of failure of leadership by Obama, who after nearly 4 years in office has made things worse. It is noteworthty that at the same point in time in his administration, Reagan, who inherited a much worse economy than Obama did, had the country humming along at over 6% GDP, 3 1/2 years after taking office.
Obama has instead made the economy worse via misguided economic policy, consisting of massive spending financed by debt and mis-directed stimulus which wasted taxpayer money into non-job creating avenues, and successive rounds of fiscal stimulus, bailouts, interventions and injections. Obama has been fully engaged in campaigning and fund raising rather than governing,
and his "spread the wealth" spending has actually made the economy worse, resulting in the current miasma where a descent into double dip recession has become inevitable.
3. No Policy to Deal With Globalization
Globalization has led to a much greater dependence on the exportation of goods and services, as is shown above in Figure 3. The Figure illustrates the reality that exports make a huge part of corporate profitability. Exports have accounted for fully 41% of rebound in the economy post the last recession, which is far outside the norm. The effect of declining wage growth, excess debt and the lack of availability of credit - the U.S. consumer has remained suppressed on many levels while the economy disproportionately gained traction from foreign markets.
As domestic economic police languishes in the doldrums due to Presidential inattention, he shift from a manufacturing to service based economy, combined with globalization, have led to new drivers of the domestic economy. Despite the mainstream media befuddled reporting on this, housing and automobile production are no longer the drivers of the domestic economy that they once were. Residential investment is now comprising only 2.59% of GDP while Automobiles make up 2.9%. Combined, these two former economic powerhouses still do not make up as much of GDP as Equipment and Software. The ravenous quest by businesses to increase productivity, and lower costs, in order to maintain profitability in a sub-par growth environment is evident.
4. Declining Wage Growth, Real Final Sales Falling Into Recessionary Territory
Due to the continued effect of declining wage growth, (recent NY Times article shows median family incomes now 6% lower than in 2000), excess debt and the lack of availability of credit - the U.S. consumer has remained suppressed. With the disproportionate dependence on foreign markets for consumption - the impact to the U.S. economy has been one of sub-par growth.
The Real Final Sales index remains mired at recessionary warning levels (see Figure 4 above: "Real Final Sales Falling Into Recessionary Territory"). In the past, every time real final sales, on a year-over-year basis, has fallen below a 2% growth rate, currently at 1.87%, the economy has either been in, or was about to be in a recession. Since the end of the last recession in 2009 - real final sales have been below 2% growth 10 out of the last 12 quarters. That is unprecedented to any other time in history. Normally, 12 quarters post a recession, real final sales are growing at an average of 3.89% not 1.87%.
Conclusion:
This is clearly not an economy on the path to recovery but one that is still statistically growing through artificial interventions and support. Note that it took more than $2 of debt in the current quarter to create $1 of economic activity - a trend that is clearly unsustainable long term. It is apparent that the successive rounds of fiscal stimulus, bailouts, interventions and injections have kept the economy from succumbing to a statistical recession. Of course, there are those 65% of Americans who currently believe we are in a recession already as they struggle to make ends meet.
How do we really know that we are sinking back into recession? Let me count the ways.
1. GDP Output Gap
Figure 1 above shows the gap between the real or actual GDP and the Potential GDP at which the economy should be performing. Starting in mid-2008, mirroring the recession, this GDP gap (~ 3/4 of a trillion dollars) showed the impact of the recession on the economy. Note that the GDP gap has continued to the present moment, middle of 2012, which is why so many people opine that they feel we are still in a recession.
2. Lagging Economic Recovery Leaders
Five (5) economic recovery leaders tell us whether the economy is growing out of, or shrinking into, a recession: 1. Consumer Spending, 2. Spending on All Goods, 3. Spending on Durable Goods, 4. Spending on Non-Durable Goods, 5. Spending on Services.
Figure 2 above,("Economic Recovery Leaders Now Lagging"), shows that all 5 of these Leading Indicators have now fallen back, in mid 2012, to the levels of March 2011, when the effects of the Japanese Earthquake and Tsunami roiled world markets. But we are at the Tsunami lows not as a result of any natural catastrophe. It is a catastrophe of failure of leadership by Obama, who after nearly 4 years in office has made things worse. It is noteworthty that at the same point in time in his administration, Reagan, who inherited a much worse economy than Obama did, had the country humming along at over 6% GDP, 3 1/2 years after taking office.
Obama has instead made the economy worse via misguided economic policy, consisting of massive spending financed by debt and mis-directed stimulus which wasted taxpayer money into non-job creating avenues, and successive rounds of fiscal stimulus, bailouts, interventions and injections. Obama has been fully engaged in campaigning and fund raising rather than governing,
and his "spread the wealth" spending has actually made the economy worse, resulting in the current miasma where a descent into double dip recession has become inevitable.
3. No Policy to Deal With Globalization
Globalization has led to a much greater dependence on the exportation of goods and services, as is shown above in Figure 3. The Figure illustrates the reality that exports make a huge part of corporate profitability. Exports have accounted for fully 41% of rebound in the economy post the last recession, which is far outside the norm. The effect of declining wage growth, excess debt and the lack of availability of credit - the U.S. consumer has remained suppressed on many levels while the economy disproportionately gained traction from foreign markets.
As domestic economic police languishes in the doldrums due to Presidential inattention, he shift from a manufacturing to service based economy, combined with globalization, have led to new drivers of the domestic economy. Despite the mainstream media befuddled reporting on this, housing and automobile production are no longer the drivers of the domestic economy that they once were. Residential investment is now comprising only 2.59% of GDP while Automobiles make up 2.9%. Combined, these two former economic powerhouses still do not make up as much of GDP as Equipment and Software. The ravenous quest by businesses to increase productivity, and lower costs, in order to maintain profitability in a sub-par growth environment is evident.
4. Declining Wage Growth, Real Final Sales Falling Into Recessionary Territory
Due to the continued effect of declining wage growth, (recent NY Times article shows median family incomes now 6% lower than in 2000), excess debt and the lack of availability of credit - the U.S. consumer has remained suppressed. With the disproportionate dependence on foreign markets for consumption - the impact to the U.S. economy has been one of sub-par growth.
The Real Final Sales index remains mired at recessionary warning levels (see Figure 4 above: "Real Final Sales Falling Into Recessionary Territory"). In the past, every time real final sales, on a year-over-year basis, has fallen below a 2% growth rate, currently at 1.87%, the economy has either been in, or was about to be in a recession. Since the end of the last recession in 2009 - real final sales have been below 2% growth 10 out of the last 12 quarters. That is unprecedented to any other time in history. Normally, 12 quarters post a recession, real final sales are growing at an average of 3.89% not 1.87%.
Conclusion:
This is clearly not an economy on the path to recovery but one that is still statistically growing through artificial interventions and support. Note that it took more than $2 of debt in the current quarter to create $1 of economic activity - a trend that is clearly unsustainable long term. It is apparent that the successive rounds of fiscal stimulus, bailouts, interventions and injections have kept the economy from succumbing to a statistical recession. Of course, there are those 65% of Americans who currently believe we are in a recession already as they struggle to make ends meet.
Friday, July 27, 2012
Hollywood Inspired Shootings Sweeping the Nation
Hollywood Inspired Shootings Sweeping the Nation
A mass shooting happens every FIVE days in America.
In the early morning hours of July 20, 2012, last Friday, in Aurora, Colorado, 12 people were gunned down and more than 50 people were injured, some of whom remain in critical condition. But this is only the latest tragedy involving gun violence sweeping the nation.
The map above shows the city and state where the last 431 shootings with more than one victim since 2005 have taken place, with circles whose radii are proportional to the number of deaths which occurred in the individually depicted incidnet.
Since 2005 in the US there has been a multiple-victim shooting every 5.9 days. The most dangerous city by far for mass shootings is Chicago, where Mayor Rahm Emmanuel has cut the Chicago Police force manpower by 9% and reassigned all task forces working on gang violence. Chicago has had 17 shootings, resulting in 30 deaths and 72 injuries, of which thirteen occurred in public places. Mayor Emmanuel has stated that the gangs should "leave the kids alone", implying that they should conduct their shootings in venues of Chicago where children were not present, and implying acquiescence and/or helplessness in stopping the shootings themselves.
Tied for the second bloodiest American cities were the cities of New Orleans, Kansas City and Philadelphia, which each had nine shootings in the seven-year span.
A mass shooting happens every FIVE days in America.
In the early morning hours of July 20, 2012, last Friday, in Aurora, Colorado, 12 people were gunned down and more than 50 people were injured, some of whom remain in critical condition. But this is only the latest tragedy involving gun violence sweeping the nation.
The map above shows the city and state where the last 431 shootings with more than one victim since 2005 have taken place, with circles whose radii are proportional to the number of deaths which occurred in the individually depicted incidnet.
Since 2005 in the US there has been a multiple-victim shooting every 5.9 days. The most dangerous city by far for mass shootings is Chicago, where Mayor Rahm Emmanuel has cut the Chicago Police force manpower by 9% and reassigned all task forces working on gang violence. Chicago has had 17 shootings, resulting in 30 deaths and 72 injuries, of which thirteen occurred in public places. Mayor Emmanuel has stated that the gangs should "leave the kids alone", implying that they should conduct their shootings in venues of Chicago where children were not present, and implying acquiescence and/or helplessness in stopping the shootings themselves.
Tied for the second bloodiest American cities were the cities of New Orleans, Kansas City and Philadelphia, which each had nine shootings in the seven-year span.
Harbingers of Mass Murder: What Are The Signs To Look For?
Harbingers of Mass
Murder: What Are The Signs To Look For?
* Note:Red
asterisk indicates a trait or characteristic exhibited by Aurora killer
•
Loner behavior
-> Acting out of anger and/or vengeful rage*
-> Profound feelings of alienation from society
-> Anarchic view of society. Little or no respect for authority or institutions
-> Unpopular with peers and with women*
-> Unliked by women, who pay him little or no attention*
-> Egoistic: Expects more recognition or attention than he gets
-> Acting out of anger and/or vengeful rage*
-> Profound feelings of alienation from society
-> Anarchic view of society. Little or no respect for authority or institutions
-> Unpopular with peers and with women*
-> Unliked by women, who pay him little or no attention*
-> Egoistic: Expects more recognition or attention than he gets
•
Unusual Changes in Behavior Over Period of Weeks or Months
-> Detachment from reality*
-> Confused speech
-> Speech is Nonsensical, Disjointed, Extremely Difficult to Follow*
-> Neglect of Personal Hygiene*
-> Detachment from reality*
-> Confused speech
-> Speech is Nonsensical, Disjointed, Extremely Difficult to Follow*
-> Neglect of Personal Hygiene*
•
Abuse of Recreational drugs
-> Hallucinogens / Methamphetamine / Cocaine / Stimulants*
-> Withdrawal from alcohol
-> Illness (Brain tumor, brain infection – encephalitis)
-> Hallucinogens / Methamphetamine / Cocaine / Stimulants*
-> Withdrawal from alcohol
-> Illness (Brain tumor, brain infection – encephalitis)
•
Delusional Beliefs
-> Belief that person is being watched by others who would do them harm
-> Belief that person is being watched by others who would do them harm
•
Suicidal Behavior
-> Giving away of possessions
-> Writing of goodbye letters
-> Reaching out to a therapist. *
-> Giving away of possessions
-> Writing of goodbye letters
-> Reaching out to a therapist. *
•
Occurrence of Stressful Event*
•
The individual may be aware he is having difficulties but is embarrassed
to tell anyone
* Note:Red
asterisk indicates a trait or characteristic exhibited by Aurora killer
Wednesday, July 25, 2012
New Terror Campaign By Iran and Hezbollah
New Terror Campaign By Iran and Hezbollah
A sophisticated group of conspirators were involved on July 19, 2012 in the suicide bombing that killed five Israelis and a Bulgarian, and they spent at least a month in Bulgaria before the attack. The suicide attacker who targeted a bus filled with Israeli vacationers did not act alone. Those involved used "leased vehicles, they moved in different cities so as not to be seen together, and no two of them can be seen in one place on any security camera." The people behind the blast were "exceptionally skilled" and operated under "strict conspiracy rules." DNA samples from the suicide bomber have been shared with security services. The suicide attack occurred at the airport of the Black Sea resort town of Burgas as the Israelis were disembarking the aircraft and had just boarded the bus. Along with the five vacationing Israelis and Bulgarian bus driver who were killed, dozens of other people were wounded.
Comments of Israeli Prime Minister Bibi Netanyahu (7-22-12):
"we've been witnessing over the last two years, an Iranian-sponsored global campaign, along with Hezbollah, to launch terror attacks against Israelis, and not only Israelis, they tried to murder the Saudi ambassador in Washington and were willing to take several senators with him. They've covered about 24 countries in five continents, including the attacks in Bulgaria and an attack in Cyprus a few days before.We are vigilant about the possibility that they would attack elsewhere..."
"On the Olympics we know that Iran and Hezbollah have been carrying out attacks. Most of them failed because of intelligence successes that we and some other services have had. Some of them, unfortunately, succeeded, as the tragedy in-- in Bulgaria shows. But we-- we are always vigilant."
"Iran and Hezbollah have been carrying out these attacks in all these countries, Kenya, Cyprus before that, Thailand, India, many, many countries in many-- many continents."
"A week before (the Bulgarian attack) in Cyprus, a Hezbollah operative was captured and arrested. He admitted that his task was to get at Israeli passengers, prepare the attack of Israeli passengers who get off a plane and then they would be targeted with a terrorist attack. This exact same pattern was followed in both Cyprus and Bulgria. So we can surmise intelligently, that if Hezbollah backed by Iran did this in Cyprus a week earlier, and then the same modus operandi repeats itself in Bulgaria, that the same people were involved in both attacks. That would be an intelligence surmise for those who can see that. I as the prime minister of Israel, see more than that. And I give you a clear statement. We have unquestionable, fully substantiated intelligence that this was done by Hezbollah backed by Iran."
"The reason regimes and organizations use terror tactics is to avoid the consequences. The first act in fighting terrorism is to name and shame the terrorist nations and the terrorist organizations. Naming them is what I'm doing now in your program"
"The most important first step is to expose Iran's culpability. This is not only an Israeli issue. They've targeted Israelis, but they've also targeted and killed, nationals of other countries. Hezbollah and Iran together have claimed the lives of others as well. And the systematic attack in dozens of countries, in five continents is allowing terror to sweep over the globe. And if you don't stop it, it gets worse and worse and worse. I think it's important for the entire international community to stop this wave of terror. Also, consider what would be the consequences of these people who murder diplomats, who roll over embassies, who send terrorist suicide bombers into buses. Just imagine what the consequence would be if these people and if this regime got a hold of nuclear weapons. I think the most important message that I could give is stop-- expose the terrorists, stop the terrorists, and make sure that the world's most dangerous regime doesn't get the world's most dangerous weapons."
A sophisticated group of conspirators were involved on July 19, 2012 in the suicide bombing that killed five Israelis and a Bulgarian, and they spent at least a month in Bulgaria before the attack. The suicide attacker who targeted a bus filled with Israeli vacationers did not act alone. Those involved used "leased vehicles, they moved in different cities so as not to be seen together, and no two of them can be seen in one place on any security camera." The people behind the blast were "exceptionally skilled" and operated under "strict conspiracy rules." DNA samples from the suicide bomber have been shared with security services. The suicide attack occurred at the airport of the Black Sea resort town of Burgas as the Israelis were disembarking the aircraft and had just boarded the bus. Along with the five vacationing Israelis and Bulgarian bus driver who were killed, dozens of other people were wounded.
Comments of Israeli Prime Minister Bibi Netanyahu (7-22-12):
"we've been witnessing over the last two years, an Iranian-sponsored global campaign, along with Hezbollah, to launch terror attacks against Israelis, and not only Israelis, they tried to murder the Saudi ambassador in Washington and were willing to take several senators with him. They've covered about 24 countries in five continents, including the attacks in Bulgaria and an attack in Cyprus a few days before.We are vigilant about the possibility that they would attack elsewhere..."
"On the Olympics we know that Iran and Hezbollah have been carrying out attacks. Most of them failed because of intelligence successes that we and some other services have had. Some of them, unfortunately, succeeded, as the tragedy in-- in Bulgaria shows. But we-- we are always vigilant."
"Iran and Hezbollah have been carrying out these attacks in all these countries, Kenya, Cyprus before that, Thailand, India, many, many countries in many-- many continents."
"A week before (the Bulgarian attack) in Cyprus, a Hezbollah operative was captured and arrested. He admitted that his task was to get at Israeli passengers, prepare the attack of Israeli passengers who get off a plane and then they would be targeted with a terrorist attack. This exact same pattern was followed in both Cyprus and Bulgria. So we can surmise intelligently, that if Hezbollah backed by Iran did this in Cyprus a week earlier, and then the same modus operandi repeats itself in Bulgaria, that the same people were involved in both attacks. That would be an intelligence surmise for those who can see that. I as the prime minister of Israel, see more than that. And I give you a clear statement. We have unquestionable, fully substantiated intelligence that this was done by Hezbollah backed by Iran."
"The reason regimes and organizations use terror tactics is to avoid the consequences. The first act in fighting terrorism is to name and shame the terrorist nations and the terrorist organizations. Naming them is what I'm doing now in your program"
"The most important first step is to expose Iran's culpability. This is not only an Israeli issue. They've targeted Israelis, but they've also targeted and killed, nationals of other countries. Hezbollah and Iran together have claimed the lives of others as well. And the systematic attack in dozens of countries, in five continents is allowing terror to sweep over the globe. And if you don't stop it, it gets worse and worse and worse. I think it's important for the entire international community to stop this wave of terror. Also, consider what would be the consequences of these people who murder diplomats, who roll over embassies, who send terrorist suicide bombers into buses. Just imagine what the consequence would be if these people and if this regime got a hold of nuclear weapons. I think the most important message that I could give is stop-- expose the terrorists, stop the terrorists, and make sure that the world's most dangerous regime doesn't get the world's most dangerous weapons."
Monday, July 23, 2012
Astounding List of Hollywood Inspired Murders - Aurora is Only The Latest
Astounding List of Hollywood Inspired Murders - Aurora is Only The Latest - Natural Born Killers
The Auroran murder rampage that left 12 dead and 59 wounded was only the latest Hollywood inspired event, for which Hollywood rejects responsibility but for which the evidence is incontrovertible. Hollywood will stop-at-nothing in its quest for money, including deliberately inspiring, fomenting, and inciting morally reprehensible behavior, feeding from it, and blueprinting how to conduct mass murders via graphic movie depictions by crypto criminal producers and directors, of which Oliver Stone is only one, who should be prosecuted to the full extent of the law. And then jailed. Consider the wreckage of human debris left behind by Oliver Stone's disgusting piece of shit abomination of a movie - Natural Born Killers, which should be burned and outlawed, and for which Hollywood and Stone should be made to pay damages and reparations. Previous lawsuits have failed in this regard, but now is the time to stop the bribery of judges and coddling of the criminal movie makers in Hollywood. The list of Hollywood abomination murder inspiring movies is quite astounding:
----------------------------
---------------------------
The Auroran murder rampage that left 12 dead and 59 wounded was only the latest Hollywood inspired event, for which Hollywood rejects responsibility but for which the evidence is incontrovertible. Hollywood will stop-at-nothing in its quest for money, including deliberately inspiring, fomenting, and inciting morally reprehensible behavior, feeding from it, and blueprinting how to conduct mass murders via graphic movie depictions by crypto criminal producers and directors, of which Oliver Stone is only one, who should be prosecuted to the full extent of the law. And then jailed. Consider the wreckage of human debris left behind by Oliver Stone's disgusting piece of shit abomination of a movie - Natural Born Killers, which should be burned and outlawed, and for which Hollywood and Stone should be made to pay damages and reparations. Previous lawsuits have failed in this regard, but now is the time to stop the bribery of judges and coddling of the criminal movie makers in Hollywood. The list of Hollywood abomination murder inspiring movies is quite astounding:
----------------------------
Shooting of William Savage and Patsy Byers
On March 5, 1995, Sarah Edmondson (19) and her boyfriend Benjamin James Darras (18) spent a night alone together at her family's cabin in Muskogee, Oklahoma, taking LSD and watching Natural Born Killers. Two days later, they left the cabin and packed Edmondson's Nissan Maxima with blankets and a .38-caliber revolver. On March 7, they arrived in Hernando, Mississippi, when Darras killed cotton-mill manager William Savage by shooting him twice in the head at point blank range.---------------------------
Heath High School shooting
On December 1, 1997, in Paducah, Kentucky, 14-year-old Michael Carneal went to school carrying four .22 rifles, 2 .30-30 Winchester rifles and a Ruger .22 handgun. Upon arriving at the school, he inserted a pair of earplugs and opened fire with the handgun at a prayer meeting, killing three of his classmates and wounding five others. In April 1999, Jack Thompson, attorney for the parents of the murdered children filed a $33 million lawsuit against Time Warner, Polygram Film, Palm Pictures, Island Pictures, New Line Cinema, Atari, Nintendo and Sony Computer Entertainment. Specifically mentioned were Natural Born Killers and the 1995 film The Basketball Diaries, as well as the video games Doom and Mortal Kombat. Thompson argued that the films and games had encouraged Carneal to act the way he did, and that Doom had provided him with excellent target practice.Columbine High School massacre
On April 20, 1999, students Eric Harris and Dylan Klebold murdered twelve students and one teacher at Columbine High School near Littleton, Colorado. The massacre ended with both perpetrators committing suicide. It has been confirmed that both Harris and Klebold were fans of Natural Born Killers. Prior to the massacre, they had used the initials 'NBK' as their code. In a journal entry dated, April 10, 1998, Harris wrote "When I go NBK and people say things like "Oh, it was so tragic," or "oh he is crazy!" or "It was so bloody", just because your mommy and daddy told you blood and violence is bad, you think it's a fucking law of nature? Wrong, only science and math are true, everything, and I mean every fucking thing else is Man made. Before I leave this worthless place, I will kill whoever I deem unfit for anything at all, especially life." Harris also referred to April 20 as "the holy April morning of NBK"Richardson family murders
On April 23, 2006, Jeremy Allan Steinke (23) and his 12-year-old girlfriend murdered her parents, Marc and Debra Richardson, as well as her 8-year-old brother, Jacob, in Medicine Hat, Alberta. Steinke and Richardson were arrested on April 24 in Leader, Saskatchewan, and were charged with three counts of first-degree murder. The Natural Born Killers connection is to be found in the fact that Steinke had allegedly watched the film the night before the incident. He also spoke to friends of "going Natural Born Killer on her [Richardson daughter] family",[10][11] however that they would not spare her brother's life.- In September 1994, a 14-year-old boy from Dallas, Texas decapitated a 13-year-old classmate at a Dallas middle school. When asked why he did this, he allegedly said it was because he "wanted to be famous. Like the Natural Born Killers."
- In October 1994, 17-year-old Nathan Martinez from Bluffdale, Utah, shot and killed his stepmother and 10-year-old half-sister while they slept. He was apprehended three days later in O'Neill, Nebraska, following a nationwide manhunt. Martinez was allegedly obsessed with the film and claims to have seen it at least 10 times in the week prior to the murders. He had even shaved his head the way Mickey does at the end of the movie, and he had taken to wearing the same style of round sunglasses as Mickey.
- In January 1995, after allegedly watching the movie 19 times, a gang of four people in their twenties killed a truck driver and made their getaway in his rig.
- On March 5, 1995 in Senoia, Georgia, 15-year-old Jason Lewis shot and killed his parents after allegedly deciding he wanted to emulate Mickey and Mallory.It was subsequently discovered that Lewis was one of four young boys who planned to kill their parents, and embark on a cross country killing spree similar to that seen in the film.
- In Avon, Massachusetts in June 1995, two men, ages 18 and 20, killed a physically handicapped 65-year-old man by stabbing him 27 times with a Bowie knife whilst he lay sleeping in his bed. When she expressed horror at his actions, he asked her "Haven't you ever seen Natural Born Killers before?".
- On January 3, 1997, New York firefighter James Halverson was running at the high school track at Centereach, Long Island when William Sodders (21) shot and killed him in an act of random violence. According to Patrick Sodders, Natural Born Killers was his son's favorite film, and he deeply admired Mickey and Mallory. According to his father, ever since seeing the film, Sodders had even begun to act like Mickey.
- On December 23, 2004, in Jacksonville, Florida, Angus Wallen and Kara Winn, both 27, shot and killed their roommate Brandon Murphy (22) before setting him and the apartment on fire in an attempt to cover up the crime. They had allegedly watched Natural Born Killers the night before the murder, and prosecutors argued that the crime resembled a similar crime in the film where a couple kill a man, light his remains on fire, and then escape together.
- On July 19, 2008, in Milwaukee, Wisconsin, Eric Tavulares strangled his girlfriend, Lauren Aljubouri to death. Tavulares and Aljubouri, both 18, had been watching the movie, and stopped it about half way through before going to bed. He later claimed that he had seen Natural Born Killers between 10 and 20 times.
Holllywood to Blame For Aurora Killer Rampage
Holllywood to Blame For Aurora Killer Rampage
The Aurora murder rampage. Let's talk about the power of tech media mind control. The technology of Hollywood: 3D, surround sound, huge screens, physical effects like squirting the audience with liquids, and the huge hype machine, all of this has gotten way too powerful and is hypnotizing some people into thinking that this stuff is real, not just a movie, and taking over the minds of the weak minded susceptible among us. Note that this even worked on a very high IQ individual. You don't have to be a moron to be susceptible to Hollywood, though it probably helps.
The Hollywood mind control machine has advanced to the point where certain demented, weak minded, psychological ill, individuals, albeit high IQ or not, like the Aurora killer, have their minds overpowered by the media, and actually start to think they are characters in a movie, and worse, start to act out the character, like he did.
The techniques of Hollywood and hi tech media mind control have gotten to a dangerous point of actually brainwashing the weak minded amongst us, just like Laurence Harvey was brainwashed in "The Manchurian Candidate" by the psych tricks of the N. Koreans. Fortunately, in that movie, Frank Sinatra saved the day, kind of. But who will save the day today? And we have progressed way beyond the 1950's in mind control techniques and drugs. Note that the Aurora madman took Vicodin to prop his sick mind up. It is time to put some controls on the demented egomaniacs who are in charge of production of movies in Hollywood. Disney, Warner Brothers, Steven Spielberg, Katzenbach, Tom Cruise, Tom Hanks, and I mention only a very few. These people think they can put anything at all, no matter how damaging to humans, up on the screen. The more shocking, the better. The more disturbing, the better. All to enrich themselves so they can buy bigger houses, give more money to Obama, and most of all, salve their ginormous egos.
The same N. Korean mind control psych tricks of "The Manchurian Candidate" are now being used by Hollywood to hype and boost their profits. Those Hollywood lowlifes care only about the $, and not about the damage they cause. And then they give the $ to who? It is time for society to take responsibility, and take the weapon of mind control out of the hands of the sickies who run and feast off Hollywood.
ALL, yes I say ALL, including penalties, of the profits and income of the Batman movie should be used for the victims of Aurora. Medical bills, funeral expenses, grief counseling, and more. And Hollywood should be regulated with a supercharged for Hollywood version of Dodd Frank regulatory oversight. Specifically, panel of mothers of small children, or nursing mothers, and or gay men, should have the power to decide when a Hollywood movie may be released or not. Better not.
Think about it, even if 0.1% of Americans are susceptible to the Hollywood brainwash machine, then that constitutes how many people? Believe it or not, it is just arithmetic, there are 330 Million Americans. 0.1% is 330,000 people. If even 0.1% of these weak minded people are into guns, then that is 330 people. The Aurora killer represented 0.00000001% of the population. And he killed 12 people, and we pray this number does not go up, from those who are today in critical care in Aurora hospitals.
And just to put things in perspective, 12 dead is about the average every several weeks of Americans killed or maimed in Afghanistan. We have an Aurora happening every few weeks in America.
The Aurora murder rampage. Let's talk about the power of tech media mind control. The technology of Hollywood: 3D, surround sound, huge screens, physical effects like squirting the audience with liquids, and the huge hype machine, all of this has gotten way too powerful and is hypnotizing some people into thinking that this stuff is real, not just a movie, and taking over the minds of the weak minded susceptible among us. Note that this even worked on a very high IQ individual. You don't have to be a moron to be susceptible to Hollywood, though it probably helps.
The Hollywood mind control machine has advanced to the point where certain demented, weak minded, psychological ill, individuals, albeit high IQ or not, like the Aurora killer, have their minds overpowered by the media, and actually start to think they are characters in a movie, and worse, start to act out the character, like he did.
The techniques of Hollywood and hi tech media mind control have gotten to a dangerous point of actually brainwashing the weak minded amongst us, just like Laurence Harvey was brainwashed in "The Manchurian Candidate" by the psych tricks of the N. Koreans. Fortunately, in that movie, Frank Sinatra saved the day, kind of. But who will save the day today? And we have progressed way beyond the 1950's in mind control techniques and drugs. Note that the Aurora madman took Vicodin to prop his sick mind up. It is time to put some controls on the demented egomaniacs who are in charge of production of movies in Hollywood. Disney, Warner Brothers, Steven Spielberg, Katzenbach, Tom Cruise, Tom Hanks, and I mention only a very few. These people think they can put anything at all, no matter how damaging to humans, up on the screen. The more shocking, the better. The more disturbing, the better. All to enrich themselves so they can buy bigger houses, give more money to Obama, and most of all, salve their ginormous egos.
The same N. Korean mind control psych tricks of "The Manchurian Candidate" are now being used by Hollywood to hype and boost their profits. Those Hollywood lowlifes care only about the $, and not about the damage they cause. And then they give the $ to who? It is time for society to take responsibility, and take the weapon of mind control out of the hands of the sickies who run and feast off Hollywood.
ALL, yes I say ALL, including penalties, of the profits and income of the Batman movie should be used for the victims of Aurora. Medical bills, funeral expenses, grief counseling, and more. And Hollywood should be regulated with a supercharged for Hollywood version of Dodd Frank regulatory oversight. Specifically, panel of mothers of small children, or nursing mothers, and or gay men, should have the power to decide when a Hollywood movie may be released or not. Better not.
Think about it, even if 0.1% of Americans are susceptible to the Hollywood brainwash machine, then that constitutes how many people? Believe it or not, it is just arithmetic, there are 330 Million Americans. 0.1% is 330,000 people. If even 0.1% of these weak minded people are into guns, then that is 330 people. The Aurora killer represented 0.00000001% of the population. And he killed 12 people, and we pray this number does not go up, from those who are today in critical care in Aurora hospitals.
And just to put things in perspective, 12 dead is about the average every several weeks of Americans killed or maimed in Afghanistan. We have an Aurora happening every few weeks in America.
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