THE ENGINE OF THE NATION – NEW HOME SALES CRASH IN AUGUST
New home sales – reacting to the failed Federal Reserve policies well reported here – now effect the economy. The Fed is reporting some small rise in manufacturing orders. This rise is way off what you would expect for Christmas ramp up and is far below last year models. It is pathetic as we sink from 1.5% growth into real recession. Why?
- The economy is to fragile for the Fed banks and investment banks to gauge us all with higher interest now when they get free deposits and sometimes pay 1% a year lending us market rate interest. But they want more. Too fragile to dump 50 billion of monthly liquidity into global bond markets while the Fed sells it crap portfolio back to its own stock holders banks and investment banks. Its a money shell game folks. Keep your eye on the real money and movements of it.
- Raising interest with zero inflation as we told you Janet is a failed policy. You failed. Now you have killed the housing market. The New Start sales of housing are the lowest in almost 9 months. The market crashed in August and will be WORSE in September due to the hurricanes the fed failed to map into their models. Oops.
- Gains in employment will be WIPED OUT due to the hurricanes.
- The Housing Engine is now vaporized due to failed Fed Policy.
- The worst for growth in this economy is yet to come as the Fed mucks it all up.
The ripples and unintended consequence of Janet Yellen’s failed Fed policies will unfold over such a long time period the spin will be that Congress or Trump or some other party is to blame.
Economically it is not political.
Economically it is all Fed policy which is utter failure.
The Fed is now out of:
- Tools and tactics to do anything
The world market is proceeding IN SPITE OF THE FED. To the 440 trillion of capital oceans in movement controlled by majority by less than 10,000 super money elites – the few against the many – seeking highest profit potentials world wide – the FED is like a mosquito. They put on lotion and insulate again being bitten by the Fed. The Fed has no value to the market, carries toxic financial illness and virus – and is to be avoided at all cost. Stay away from the fed swamps and don’t get bitten – even listen to fed talk any more.
So the influence of the Federal Reserve Board in the single term of Janet Yellen has been completely SHATTERED in world markets today. The fed in fact today by the economists in world markets is a JOKE versus an institution.
Her failed policy of raising interest rates in a fragile recovery far too early is a tipping point with removing all quantity easing to the global economic system and replacing it with quantitative SNEEZING – as she Asset dumps 5 trillion crap assets the Fed bought and now must DUMP.
The Housing market crashed in August – worst numbers in 8 months. Total expression of recession on the way. The Congress as we reported so many times FIDDLD WHILE ROME ECONOMICALLY BURNED and spent their political capital on crap health care bills that went now where – costing the nation untold billions while the FAILED ENTIRELY to protect the US dollar and economy and people by doing their constitutional duty – passing a real budget and passing Tax reform to stimulate a recession away. They spent a year doing nonsense and this with the HURRICANE COST ( which will shatter housing numbers in September ) – is beyond calculation as a RECESSION EFFECT near term. A down bubble to USA and world trade.
IT is all so obvious.
The negligent is ridiculous.
Steve Forbes one of my HERO’s came out today encourage the Fed to express good behavior. Meaning their aggressive interest rate policy – already dead on arrival economically and a total Janet Yellin yet AGAIN failure on policy – Steve suggest be reversed NOW. He says IF THE FED DOES NOT MANIPULATE INTEREST AND TRASH THE US dollar – the recession can be pushed back.
We think you can not undo what Janet Yellen has already done. No one human has cost the USA more than Alan Greenspan but Janet is running to beat his record of tens of trillions through his Sub Prime Super Bubble where he as Chairman was the second worst chairman in all of Fed history. Alan caused Digital world war three – read Kevin Freeman’s GAME PLAN to catch up on that data in process. Janet and Alan have destroyed the USA Potential more than any two individuals alive in our generation with Teflon in transfer Blame to Presidents Congress and Wallstreet in the Fed eternal blame game. It is never the Fed when it is always the fed – the source of all economic manipulation and speculation – the source of casino capitalism and the break down of economic rule of law. It is the FED folks. Follow THE money.
If only you could see what these former Chairpersons get paid annually once they leave that would open some eyes.
And by who.
So Janet has advanced horrific failed economic policy – has mistimed every market move – and is not the single AVENGER prematurely destroying the USA Housing Markets.
Now only did Janet Yellen policy crash the New Home Sales this August – we are seeing the utter CRASH OF THE MORTGAGE MARKET as new mortgage applications fall to their lowest level in YEARS due to the higher interest rates. As I stated the FED HAS NO INFLUENCE ANY LONGER IN THE REAL MARKETS the real markets have turned their back on the Fed as a pure JOKE related to economic failed policy. They are done losing money due TO the FED and now moderate the FED like a future market item inside casino capitalism. Just a factor no longer THE factor. The Fed has been reduced to a joke around bars and tables lacking any respect all because of failed policies of Fed Chairpeson Janet Yellen. History will report that Janet Yellen is the worst Chairperson in `100 years and set in place the foundation for entire world system crash and failure and world war. She will beat Alan Greenspan who set her up well for her finale. Both should be in prison in my opinion but they are immune – under congressional law.
We steal a snicker to avoid starving from a 7/11 store we end up in the slammer. They rob the nation of trillions and are so well paid to do the legal theft and they end up at warm meals in 100 million dollar mansions and super yatches at the Hamptons in Upstate Long Island. Too BIG to Jail.
Humbug. Criminals at Wells Fargo – Wallstreet – Pharms – VW – real criminals at the FED need to be arrested to get our system back. First you have to merge the FED by emergency act of Congress into the USA Treasury than for the first time since 1907 audit the crooks. Then arrest them. Now we are talking how in American the pendulum always SWINGS BACK…just takes time. Just a bit more time.
Privately owned by the banks and investment banks it is charged to regulate but never has – assuring their shareholder maximum profits – the few agains the many – even that model is now broken. Today the shareholders of the Fed joke about the FED. No one takes the fed serious – economically – because as we saw this week the Fed reports:
- Oh we may have been WRONG about employment
- We may have been wrong about inflation
- We have been wrong about the economy
WOW. You are a sit com today.
As an institution your myth is shattered by one failure –
YOU FAIL TO TELL THE TRUTH FASTER
You are party of manipulation and control and you created casino capitalism as you failed to regulate the digital divide of new markets for capital movement. Today the markets are OUT OF CONTROL and the FED is the cause.
Why do I ask everyone to support MERGING CENTRAL BANKS back into treasuries? To return to the people:
- No secrets in our PUBLIC versus private system
Common damn sense.
So the lies from the Fed will continue as that is their play book for economic illiterates – their manipulation of the masses.
Lets look at FDIC. You have a protection on your deposits as an insurance. If I opened an insurance firm and I had less than one penny in reserves to insure and pay back every 1,000 dollars of claims, would that be insurance FRAUD? Would you put me in jail if I made insurance claims with only a penny in reserves?
I never appreciate how illiterate the public is to their own system and how the criminal bankers get away with it while you actually let them do it? Financial education is freedom.
FINANCIAL EDUCATION IS REAL FREEDOM.
You have to follow the money or corruption is simply everywhere.
Folk re-tooling the system takes time and smart folks are all over it. Join them and support them. If we do not change all this we march to system collapse and world war.
The Federal Reserve Board is a joke and has become irrelevant to world market makers. They laugh at the FED. They have much more capital than the FED and more tools and tactics than the Fed.
The Fed in practical terms ….is DEAD.
Janet Yellen killed the Fed – she overruns her own people for so long which never works that as a leader – Janet Yellen is a blessed not a feeder.
The Worst Fed Chairperson in 100 years – time for you to go baby girl.
Berny Dohrmann – The Truth WILL SET YOU FREE IN HOUSING –
OIL THE COST OF EVERYTHING: ENERGY TRANSPORTATION PACKAGING
Oil. The PR machine of oil suppliers Gulf to Global are jaw boning oil price up over 50 dollars a barrel. The real issue is the STORM EFFECT. A one off use of energy to migrate out of Hurricanes by millions and refinery shut down in the USA is all back on line – already. And the one off demand will now shrivel to normal this fall.
Gasoline stocks the experts said would decline went up by over 1 million barrels The crude experts said would rise – went down. Why?
40% of USA Refinery came back on line and sucked down crude to ramp up and gasoline rose and crude dropped..STORM Economics. Investing long in oil – not so much as Glen Beck would suggest. A one off. Now stocks will rise and rise. Watch as the REBALANCING lie becomes hard data you can rely on.
We have projected that oil will drop this fall back into the 40.00 dollar ranges we said is the new normal. American exports are soaring. Over one million selling globally PER DAY folks. And that number is just going up. At todays prices USA export making our economy stronger are simply way up. The USA will become the world’s largest supplier of energy once again. Keep that in your mind as the minority try and lie their way back to prices their economies selfishly require of all of us.
The dollar is up. That makes oil go DOWN.
Oil was mixed today. it can not get UP bubble.
No one wants to lose their money on bad bets in forward casino capitalism. Forward contracts are all LOWER Than buying today at over fifty dollars. Think about that economically to the money in the casino making side begs on which way oil will go not to supply us – no not that – just profit betting in the casino capitalism that is all digital today.
Manipulated by carets and spin doctors to the market.
Don’t be fooled.
Manipulated by super money pools making those side bets. They make fortunes if oil goes up. Some lose fortunes if oil goes down but others on the betting side line make fortunes on the right side of their bets.
Until and Unless the G 100 leading nations cooperate to engineer a new regulatory frame work for digital capitalism we have casino capitalism. The casino manipulation of price of everything including oil and energy is a hidden tax upon the peoples of planet earth all of US.
The few against the many for profit and mindless greed.
Can we do better?
Yes of course. The century old system is broken at its core.
Regulatory frame works that present economics over politics are missing. Today politics bought and paid for by the profiteers in the casino wish to preserve the broken system they make fortunes from speculating into.
The frame work of centuries died ten years ago with AI and software when digital capital movements side stepped the old antique obsolete regulator frame works. They are now antique models. They are broken.
Because the new regulatory frame work must be global and involve real cooperation to execute it takes time to step out of the super money and do what is right for all of us. It takes integrity.
The crises in leadership is a global crises of integrity.
Integrity frame works evolve trust and cooperation.
Integrity crises breed distrust and negotiation every greedy nation is in it for themselves.
Can we humans do better.
Yes. It is truly simple but it is never not ever EASY.
If politics fed by endless greed and money drive economics we are doomed to repeat past economic history into collapse and world wars.
Can we fix it.
Yes. If the G 100 gains the idea – the concept that they could embrace a three year Economic Constitutional Congress centered on politically neutral BIG ISLAND OF HAWAII in Aloha – to evolve the new Global Regulatory Trading frame work to end the casino and have economics drive politics – will fix it all. Before or after the crash ..and wars …is the question economically.
Today there is so much super money from less than 10,000 preserving their existing casino box top rules. The effect on nations and full partnership for all of us if horrific economically in human suffering.
The many against the FEW wins.
The few against the many losses.
The present system is a form of insanity.
Can sanity win?
Integrity. All of us have more integrity than the few .
The crises is one of global INTEGRITY.
Read Dr. David Gruder’s ( my personal integrity mentors ) global best seller THE NEW IQ INTEGRITY. Your entire life family and circles will improve if you get this book from Amazon and spread it around. Easy urgent fun important read for my blog family.
Dr. Gruder and I work when and as we can with leading institutions on INTEGRITY MANAGEMENT in the work space with outstanding performance outcomes when integrity is restored as JOB # 1 for branding.
So oil as an industry is IN A CRISES OF INTEGRITY with all of us.
The hidden tax upon all of us has gone on way too long.
What is rebalancing is the MANIPULATION.
Economics are taking over the politics of cartel and manipulation.
The change will have winners and losers.
Today cost of energy is GOING OWN unless political events ( wars and regional competition versus regional cooperation in integrity ) win out.
Read energy news knowing huge sums are invested to spin the news. Use the internet to go deeper the real data is out there.
Or – take it easy and just read this blog and spread the word.
Berny Dohrmann – Integrity is what you read here and you know that
WELL ACTUALLY YELLIN SAID SHE “MAY” HAVE BEEN WRONG:
The worst Fed Chairperson in 100 years Janet Yellen – has admitted that she is wrong. She made policy based on information related to:
- Employment that is weaker than she thought
- Inflation that is weaker than she reported and thought
We told you so – hardly cuts it. We told you and told you she was wrong the Fed was wrong and their policies are creating CATASTROPHE. Which is coming due to her failed policy.
She now suggest accommodation may be longer term than she thought. As she is destroying the foundation of the fragile recovery. Her timing is awful. Always. Janet Yellen has done the impossible. In two steps on her watch:
- She admitted she was wrong a first.
- She has shattered TRUST and CONFIDENCE with the Fed globally
As you may have seen no one pays much attention in the markets today to the FED because the Fed has become irreverent. Today beside reporting SHE WAS WRONG she said the reverent sentence no one is really reporting much:
She said…to Congress:
…the federal reserve board will have limitations on response to recessions in the future within present accommodation as we will not have tools and tactics to respond to unknown contingency……
Or as the recent BLOG you READ here the FED is now irrelevant as policy maker which is why we urgently advocate emergency legislation to merge the FED process back into the United States Treasury. For the good of the world and for America.
The Fed is out of bullets. If a gun fight occurs in economic markets the Fed pill bottle is out of Viagra. They can talk and wave their warms. They can do THAT. They spent their economic capital and they now are stuck. Their panic point is any contagion they lack tools and tactics to fight today. Trust me that is the FED PANIC going on behind the curtain. The big brains know they have no ability to have financial intercourse. They are DONE. From age. Obsolete. Antique . Out of touch with DIGITAL MARKETS using Pony Express models to manage a world that has passed them by.
We need an innovative creator like former SEC Commissioner Roel Campos – sixteen years in the White House – senior economic strategist at Hughes and Hubbard serving Sovereign Nation Funds world wide. As Fed Chairman we have a winner to RETOOL the merger into Treasury and create a ENTERPRISE STAR SHIP of revisiting – the BOX TOP RULES for an all NEW TREASURY DIRECTED FEDERAL RESRVE BOARD that was finally and for the first time truly FEDERAL . The existing private stock firm is fatally conflicted in its interest to mission and can never untwined its own entanglements.
As an economist that creates new IP for global economies and there are few of us at that source creative for new IP level – there is hope and promise. Change is always avoided. Improvement is embraced.
We need to IMPROVE and Re-INVENT THE FED.
To fail to do so is to risk the financial system of the world. Who says?
- The World Bank
- The IMF
- Janet Yellen may God rest her into tenured professor hood somewhere.
Janet Yellen legacy sit is will be the worst Fed Chairperson – EVER .
Make NO mistake about that record and it is real.
She predicts – that we will have a future down turn and that the Fed now lacks “accomodatiion” which my readers already well know – but today Janet was like a blog reader. Al Gore coined a phrase so long ago some of you may recall:
Jane….IT “IS” TIME FOR YOU…….TO GOOOOOO !
Berny Dohrmann – Keeping what IS going on OUT there in your face …..today
THE FED IS SO DEAD:
As economics 101 let me ask you all a question. Would you vote to do this:
- 1906 the US Treasury prints and controls money without paying any interest to print dollars as per the United States Constitution.
- A secret cabal of bankers rushes an 80 page act through Congress in 1907.
- The 80 page act allows a secret ownership of a private stock firm – to contract to print money – control monetary policy – with independence assured by no administration or congressional oversight – no audit power – no disclosure of which banks and institutions own the stock and the name chartered is the Federal Reserve Board – so the Treasury was stripped of its constitutional money management powers it alone is allocated to preserve for the people.
- Since that time policy from the NGO contractor with our central government – has failed for 70 years. The failures have caused ten Super Bubbles – 9 Super Crashes – two world wide depressions – two world wars – and the largest of the Super Bubbles created by FREE MONEY from the failed FED POLICY is taking place right now.
- Should the 80 page act of congress be vacated by an emergency act of the US Congress and the Fed with all its processes be merged back into the US Treasury to stop failed policy making – to have transparency audit and oversight on the money supply as the constitution legally required – and to install successful monetary policy versus the conflict of interest of having a stock firm owned by banks and investment banks the firm is supposed to regulate – itself a conflict of interest that can never not ever work. Or do we move forward with the Fed into the next world war so their members can make ungodly profit from the war while we all die – taking the dancing ball away from public attention the CAUSE OF ALL OUR PAIN IS ECONOMIC FAILURE OF THE FED ITSELF – an obsolete an totally antique idea in the digital age of modern economics. MERGE THE FED is sane. How would you vote. Write your congress person to MERGE THE FED INTO TREASURY BY EMERGENCY ACT OF CONGRESS. Print this and send it to your law maker.
Today Fed Presidents are worried. Why? The Fed has no ammo left to manage the next crises. The next Crises is a combination of ALL ASSET CLASS SUPER BUBBLE IN PRICE SPIRAL THAT MUST BURST HARD and a GLOBAL SUPER DEBT BUBBLE FED BY FREE MONEY THAT MUST BURST HARD. This is not rocket man to understand.
So the Fed now faces demographics which are long long term and they have no resources to over come that modeling economically. 75 million are older. These folks save more and accommodation means banks pay the older folks much less to park their savings. This means loans are interest rate lower long term.
So the Fed at 1.2 % interest ( free money lower than inflation ) has no way to raise interest to say 5%. The market at 440 trillion dollars is in charge and the Fed with its 3 trillion of influence or so – annually has lost control in the digital casino capitalism.
Lets say another reason to rapidly merge the FED into the US Treasury.
- The Fed created the crash of 2008. If you don’t know that you misplaced the cause. Failed Fed Policy in mortgage market where their shareholder members where making fortunes in a SUPER BUBBLE they fully permitted.
- The Fed is causing the next Super Crash and world war. If you think there is some other cause you fail to see the economics of it all.
- The Fed has no tools left no weapons left. They can’t stimulate back from world depression in the coming SUPER CRASH – they lack all tools for doing so. Who says. The Fed. When? Today.
- The Fed invested 11 trillion dollars to stimulate inflation and stop deflation. Inflation looks ok today because the cost of everything is speculatively up – energy for a few weeks. Today do to Turkey saying it will shut the Kurd Pipeline down of 600,000 barrels a day. Energy is about to nose dive this final quarter. Back to new lows. Deflation is ruling the market and the Fed 11 trillion dollar experimental policy failed. Not one holds the Fed accountable and responsible for its failed policy of 70 years – save for economists who truly have the data. They lack OPTIONS to save the system — next time. There are not bullets left. The Fed is massively stuck in a 5 trillion dollar balance sheet – and no way out as their hope for inflation over more than ten long years FAILED and is such a failure it is due to money and pack payments such a shame Congress is not on MERGER MANIA to restore trust on economics to the American people – just merge the FED process into Treasury. Easy one week of law making.
- In the next crises the only model the Fed has is to influence Congress to spend untold Trillions on Public Works which should have occurred in 2008 but the Fed Failed Policy made that not work. As the fed gets paid interest and fee’s for printing money as a private company contracting with the government of the USA – thats right the Fed is just a firm like Amazon with a special 80 page deal in 1907 with the US Government by act of congress – which frankly really may not be constitutionally supportable – and printing all our money for profit – in 2018 – folks its is a very bad idea. You have criminal bankers in charge of our money supply and you see them pay 100 million dollar fines to remain out of jail for once crime scheme after another you and I would be in prison for but they are immune from. Is this the way you want your unborn raised?
Economic illiteracy is HOW they retain their powers.
Economic education is how they lose their 80 page secret law that created the Fed.
It is time for public education world wide to merge your criminal central bank – a privately owned banking stock firm – owned in secret by the banks and investment banks of your nation – never reporting to anyone – BACK into oversight and common damn economic sense to your national TREASURY. Nothing will foster world peace more – than returning money management in the digital age to the people and their treasuries.
One act of congress – one emergency act – and the FED is DEAD.
Berny Dohrmann – singing at their funeral as you educate yourself on line to the truth of it all – the biggest theft of nations – IS – your central banks that corrupted every nation upon the earth – so easy to fix if we develop the education and the WILL to DO IT.
North Korea the High Risk Fat Boy is Truly A Paranoid Delusional Insane Brain
AS I HAVE REPORTED no one should run a nation who has worse Hair than President Donald Trump. Do they not in the entire nation have a RE-DO person over there. Fat Boy is getting so FAT he may explode before this is all over. Thats right. His head may just explode from eating himself to terminal volatility. I can hardly look at him.
So for 50 years they say they are going to destroy the USA.
We say nice things.
For the first time we say what everyone knows. That provoked with Nuclear Weapons in less than 30 minutes there is no North Korea Remaining. Given the rising tensions is a FIRST STRIKE required? Mc Arthur said yes as our leading general in the 1950’s who understood the landscape. He stated if we don’t FIRST STRIKE now we will FIRST STRIKE LATER and the toll will be millions more than now. Prophetic as a leading general in North Korean theory who knew the history and the risk threats?
General McArthur could not see the miracle of South Korea. Now an industrial influence globally. But South Korea is 25 miles – a trip to your grocery store – from the DMZ of North Korea.
North Korea has thousands upon thousands of conventional weapons – artillery shells- gas – germs – explosive ordinance – that is a USE IT OR LOSE IT if they begin because we will take them all out in hours. However during the time they are firing you can anticipate with their hidden and reserve weapons – and a 1,000,000 person army the 5th largest military in the world funded from the 53rd lowest economy on earth. See FAT BOYS HAIR and you get the picture.
So, the US MILITARY estimates on September 26th ( oh yeah that is today ) that – if the war starts – it will not be nuke at first. The start will kill off 20,000 South Korean and US troops a day. Say ten days over 200,000 dead. A little over a month and 1,000,000 dead.
The war will not be like the last war. Today the USA and allies powers will and no question degrade North Korea in a week – they would have no resupply – no fuel – their subs would be gone – their ships would be gone – their air would be gone – their batteries of artillery would be gone and they would be carpet bombed to look like a nation of Swiss cheese. Without Nukes.
So the surrounding very wealthy very well educated elite who are the circle of power the military around FAT BOY – understand – their own issues of longevity and economics. If they act their toys are stripped they all die and they are wiped out. Yes they inflict some horrible causalities but North Korea is removed as a threat to the world forever.
Today the player trying to really do something – once again as I’ve written here – is Times Man of the Year – Leader of the Century – PUTIN. Russia who understand North Korea as a key supplier – perhaps better than China is all over this.
Trump is done with diplomacy as usual. He is speaking KIM and directly has learned the language of FAT BOY. Trump speaks FAT BOY. And FAT BOY obviously does not like it. Having a mirror of his own bull shit thrown back at him.
As our generals suggest – two leaders who are flamboyant speakers – are throwing the words back and forth as never before meanwhile the two nations are doing nothing differently in fact. The Sanctions however are not SANCTION LIGHT. Trump has all his kings men and all his allies horses circling the money that can never reach North Korea Again. FOLLOW THE MONEY.
Fat Boy has never had to face his own elite and tell them the cost of billions to THEM now – to their wealth – to their enterprise – to their ability to plan execute and grow – is going into DOWN BUBBLE. Their money is being cut off.
Putin is giving options no one saw which are becoming visible to get out of this mess.
Everyone trusts that Process from Russia as the most experienced.
American diplomacy and policy has failed for oh 50 years.
I said before – Trump should just meet with President Assad the pure winner in Syria and open a NEW AGE POLICY TO MOVE FORWARD which can help Israel Peace more than any other meeting. Preserving old policy that failed and where Russia marginalized the USA in the world community is what is REALITY. Our policy makers work with theory that is insane and not reality. You can’t make failed policy successful.
Trump should meet with Fat Boy and make a deal between them on how the world moves forward. Which is all FAT BOY and team want. Hassad won the war in Syria. Not maybe. He is the victor and gets the rewards for victory. No one is removing Hassad from POWER.
Fat Boy won the arms race. North North Korea is a Hydrogen Bomb Super Power. No one can take that away from them.
Today if we tip paranoid delusional insane FAT BOY leader – into placing a bomb on a ship say to go off in Long Beach – or a plane to go off in Seattle what do we lose? One way Hollywood. The other Microsoft – Boeing – Amazon – Starbucks – and the US timber paper industry ( we need paper to print money ).
That is one low tech delivery and boom.
If they are really threatened with war why would they to have plans to do both and go down fighting? That is human nature and especially if your Hitler insane. Is Fat Boy Hitler insane? We think based solely on his hair style – YES.
:Berny Dohrmann – 20,000 deaths a day in South Korea – ponder on that reality