Wishful Thinking

Throughout my long life, there always have been many people who question my analysis.  My proof of good understanding is, I often make predictions which then turn out exactly as I explained.  The ability to see the future is easy when one looks at it without expectations.  Understanding the difference between wishful thinking and a clear understanding of technical and natural forces is vital to anyone wishing to be an analyst.

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Before going into today’s news, I wish to explain the differences between wishful thinking and true analysis.

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1. Knowing the laws of nature in physics is science.  Wishing to violate or overturn these laws so one can zoom all over the universe effortlessly is wishful thinking.  It may be possible in the future but is probably not possible.

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2. Knowing that the earth’s climate has had many drastic alterations and that we are in the middle of an Ice Age/Interglacial cycle is science.  Thinking that we can keep the present climate status quo forever is wishful thinking.  It may be something we dreadfully desire but the chances of this happening is around zero.

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3.  Knowing all about how germs of various sorts evolve and operate is science.  Thinking that eating various special foods, waving hands by various sages and religious leaders, praying to various gods, etc. will protect us from all germs and make us healthy is wishful thinking.  Humans do have a better time if they imagine they are happy and healthy but in more than one sector this doesn’t work such as when germs take over our bodies and colonize it for themselves.

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4.  Knowing the history of economics, it is painfully obvious that once credit based on virtually no capital creates deadly bubbles.  It is wishful thinking that the creation of magic credit will not blow up in our faces.  Anyone with half a brain could see the recent credit bubble blowing up.  The fact that most mainstream ‘economists’ couldn’t see the obvious is due to the nature of economics: it is rife with wishful thinking.

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5.  Knowing the history of free trade, it is painfully obvious that whichever economic system has the strongest floating fiat currency ends up losing their internal manufacturing base and is flooded with imports.  Wishful thinking is, if only these same countries have more and more ‘free trade’, this will not matter.  This is where interpretation of simple charts and graphs comes to grief if someone is determined to ignore the incoming data.

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6.  Knowing the history of the rise and fall of empires makes it crystal clear, empires rot from within and as they fail, they go deep into debt and mysticism and wishful thinking replaces hard analysis and science.  I recall way back when I first began disputing facts with people on the internet, one of the hardest things to get people to understand was the fact that the US is a global empire!  This is a ‘DUH’ issue, yet many people just couldn’t grasp it due to wishful thinking systems.

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I could go on with many such examples.  The difference between optimism and wishful thinking is also equally important.  One can be optimistic that modern science will find other interesting ways to protect us from Mother Nature’s evolutionary scythe, for example.  One can be optimistic that the sun won’t go nova next year even while knowing it will inevitably go nova eventually.  One can be optimistic about changing political systems while knowing that this is very hard work.

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One can be optimistic about accomplishing things in life.  Wishful thinking is, imagining that one will live forever in some fashion.  It may be true, it may not be true.  But it is based on nothing except human desires, not empirical analysis.  I am really an optimist.  I am hopeful about the future.  But I am also an analyst so I have to warn people of dangers or explain how systems really work so we don’t misuse these systems.  If people don’t want analysis, they can go to the Wishing Well and drop the bucket and haul up whatever refreshments they desire.  But I won’t provide a Wishing Well here.  It is not my self-designated job.

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Plotting the biggest trade deal of the 21st century – Oct. 29, 2009

This past spring, prime ministers Stephen Harper of Canada and Mirek Topolanek of the Czech Republic met with European Union mandarins from Brussels. The setting was Prague’s medieval castle — made famous by Kafka in what is perhaps the darkest novel in his moody oeuvre — where they hatched a plan for the biggest free-trade deal of the 21st century….

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…When that happens, a push will begin for the ultimate goal behind the Prague agreement: a NAFTA-EU trade zone to counterbalance the growing economic power of Fortress Asia, and the ascendancy of the so-call BRIC (Brazil, Russia, India, China) group of countries….

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…Elimination of tariffs is only one piece of the free-trade puzzle. “The largest benefits will come from economic integration,” says Jayson Myers, president of Canadian Manufacturers & Exporters (CME), the country’s largest trade and industry association. By that he means increased foreign direct investment, improved labor mobility and full access to government procurement.

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Here is a classic example of wishful thinking.  The program to drop all pretenses of sovereignty and to pry open the US to even further colonization and deindustrialization continues unabated.  The people doing this play innocent when it comes to the dire downside effects of free trade.  They keep peddling this garbage because many players in this game expect to fool the US public into thinking this will be the final fix of what ails us.

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Look at what the Canadian Manufacturers and Exporters say: it will mean even more foreign labor will flood into higher-paying sectors and drive down wages!  And also, foreign powers can get access to the immense US credit purse.  That is, we end up paying foreigners with our future taxes used as capital for their expansion into our markets!

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It is wishful thinking that this super-NAFTA will make our own nation more solvent or will protect us from losing even more jobs here in the US.  The wishes of the people at the top who have lots of influence and power is to pry open the US system so they can access all our credit and use it to funnel all wealth and profits to themselves.  Already, we have seen how the wishes of international investment banking houses were pandered to and they were saved from their own messes at our expense.

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Naturally, they want more and more of this sort of economic philosophy.  It is making themselves richer.  And they want to lock the US into this system because we are the global empire and thus, have immense seas of credit still which can be sucked down by outsiders or Americans who are traitors and don’t care that this will kill our nation as a sovereign power.  We see with the way AIPAC has totally destroyed Obama’s international standing and has hijacked nearly our entire Congress with the passage of the bill last night that condemned the UN report that accurately described Jewish crimes last winter in the Gaza Ghetto incursions.

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It is wishful thinking when Zionists imagine no one notices they have hijacked our government and are now abusing their powers.  They think that brutalizing the natives in the Holy Land will make Jews more popular and stronger.  This is insane wishful thinking and history is absolutely clear that this will lead to a very severe backlash when the US goes bankrupt.

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Asia Times Online :: China News, China Business News, Taiwan and Hong Kong News and Business.

The United States and China are warming up – at least symbolically – their military ties ahead of United States President Barack Obama’s first official visit to China in mid-November. In late October, General Xu Caihou, the second-highest ranking officer in the Chinese People’s Liberation Army (PLA), started a long trip to the US. At the age of 66, Xu serves as vice chairman of China’s Central Military Commission (CMC), and as a member of the politburo of the Chinese Communist Party.

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Xu visited a few US military bases as well as the US Naval Academy, and at the Pentagon he met with US Secretary of Defense Robert Gates for the second time. They met once before in Beijing during the first trip that Gates made to Asia as secretary of defense in 2007. …

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…Xu was also accompanied by General Ma Xiaotian, deputy chief of general staff of the PLA, Lieutenant General Zhao Keshi, commander of the Nanjing Military Area Command, and Rear Admiral Jiang Weilie, chief of staff of East Fleet of the PLA Navy, among others.

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“In the interest of strengthening our military-to-military relations with a candid and open exchange of information, we will not disclose the details of the discussions,” said a US STRATCOM spokesman.

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Denmark describes the recent US-China “Strategic and Economic Dialogue” as “a higher-level dialogue” because the US-China military-to-military relationship typically lags far behind the economic and political aspects of the relationship, “primarily because a general lack of strategic trust and, frankly, China’s lack of interest in a frank and transparent military-to-military relationship.”

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This is the difference between wishful thinking and cold analysis: the Chinese have NO intention of becoming our dear buddies and every intention of destroying US imperial powers.  Period.  They have this goal in mind as the Great Long March to Victory.  They use every tool possible to achieve their goal.  I watched them analyze history up close, in my own home and if there was anyone on earth willing to listen to my lectures, it was the communist Chinese.

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Note the insanity in the US military remarks about this preliminary visit of the Chinese to get more information to analyze and then use!  So, our own military will not share information about these negotiations with the US public because the CHINESE want to keep this secret????

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HAHAHAHA….this is the face of treason!  How dare STRATCOM be candid with the Chinese while NOT being candid with us?  What on earth did they discuss, as if I can’t guess?  Let me warn the Pentagon here: the Chinese are discussing our surrender of all Asian power to China.  Period.  There is no other negotiations going on except for these.  Note, too, how the Pentagon figures out that the Chinese are NOT ‘frank and transparent’ even as we open the doors so they can snoop around even more!

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China is NOT our ally.  China is NOT Europe after WWII.  China is strong and getting stronger, fast.  China also has no desire to be under our heels and to be an ally.  China is a RIVAL.  But then, all our allies are really rivals!  It is wishful thinking that they are good buddies looking out for our own best interests!  This is why cold analysis of what is going on is nearly impossible for deluded people wishing for a fantasy planet earth.

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£4,350 per family to bail out Britain’s banks – Telegraph

The Chancellor confirmed that the Government would pump an extra £25.5 billion into Royal Bank of Scotland, and declared that it was the only way to keep the business alive.

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Taxpayers have poured a total of £53.5 billion into RBS, including the £20 billion part-nationalisation last year and another £8 billion that was set aside as insurance against further trouble in the future. In total, the Government has put £74 billion of taxpayers’ money into the banks, including RBS, Lloyds and HBOS, since the start of the financial crisis last year….

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…It is likely that the new bail-out will have to be funded by government borrowing, which could only be repaid through swingeing cuts to public services or substantial tax rises over the coming years. However, despite consumers picking up the bill for yet more billions for the banks, experts said that the money would still not be enough to get them to increase lending to struggling home owners and businesses.

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I just marvel at how people in the UK and US can’t be very motivated to do something to these stupid, wishful thinking gnomes.  The gnomes wanted to have lots and lots of sex with very beautiful women such as fashion models.  To do this, they had to build many fancy nests and visit expensive playgrounds to impress these disdainful proud goddesses.  So they had to have lots and lots of loot.  To get this loot, they did many stupid things and this has now crashed in flames.  And to save the system, the people who don’t have palaces or visit exotic playgrounds on whim, had to bail these gnomes out.

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In return, all the taxpaying bailers get future pain and suffering.  Their lives will be worse.  They will be lucky to stay alive.  Meanwhile, the gnomes are busy, back at work, doing the exact same things yet again!  Nothing has changed….for them.  But it is wishful thinking that this lovely state of affairs will last forever.  The backlash in this sector is building, not diminishing.  And when it hits, it will make history. That is, history is crystal clear what will happen next: revolutions, coups and great violence will broil up out of the masses.

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The Raw Story | Obama warns of more US jobs losses ahead

“We anticipate that we’re going to continue to see some job losses in the weeks and months to come,” Obama said ahead of the release of unemployment figures for October on Friday.

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Economic indicators released last week indicated that the United States exited its recession this summer, but Obama emphasized that there is usually a lag time of several months before businesses resume hiring….

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…At a meeting of the Economic Recovery Advisory Board at the White House on Monday, Obama stressed that the actions taken by his government had “helped to stem what could have been a disastrous situation for the economy,” adding that “we are starting to see stabilization and indeed some improvement.”

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But he acknowledged that “we are still seeing production levels that are significantly below peak levels. And most distressing is the fact that job growth continues to lag.”

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Obama said that “bold, innovative action” to fight unemployment would be an “overriding focus” for his administration, and he called on both Congress and the private sector to help.

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From the year 2000 to today, at no time did we see jobs in manufacturing industries grow.  Not once. In the last 35 years, we have see the ratio of manufacturing jobs versus all other jobs drop like a rock.  Most of our economy is now a service economy and the entire system from top to bottom, runs in the red.

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This is easy to spot with any number of economic indicators!  Add to this the surge in foreign ownership of US businesses and foreign domination of US internal markets and the only sensation one should feel is rage and fear for the future.  That is, we are dropping into a well and losing our sovereignty, very rapidly.  At no point are any leaders in the US suggesting we protect ourselves from all of this!  Indeed, the ideological push is to make fun of ‘protectionism’ and to egg on free trade.

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This is fatal wishful thinking.  The Chinese, for example, are very eager to have us fall into the free trade trap.  They know how capital works.  They are not wishful thinkers due to recent history: many of them still remember to some degree, the devastations of Maoism.  As well as the elders remembering vividly WWII and the fight for sovereignty.  China shoved out all the invaders and became a sovereign nation under Mao.  For this service, he is honored.  The fact that he was totally insane is another, separate issue.

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Once in power, he became the victim of intense wishful thinking and every wish he had, the populace carried out.  This killed millions of Chinese in various ways, mostly via starvation.  This is why it is so very important to understand the true nature of analysis.

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Trial in Chongqing, China, Reveals Vast Web of Corruption – NYTimes.com

In recent weeks, Ms. Xie, Mr. Wen and a cavalcade of ranking officials and lowbrow thugs have been players in a mass public trial that has exposed the unseemly relationships among gangsters, police officers and the sticky-fingered bureaucrats.

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The spectacle involves more than 9,000 suspects, 50 public officials, a petulant billionaire (HAHAHA) and criminal organizations that dabbled in drug trafficking, illegal mining, and random acts of savagery, most notably the killing of a man for his unbearably loud karaoke voice.

.But like all big corruption cases in China, this one is as much about politics as graft. The political machine in Chongqing, a province-size mega-city of 31 million people in the southwest, has been broken up by a new Communist Party boss, Bo Xilai, who is the son of a revolutionary party veteran and has his eye on higher office.

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The NYT, of course, thinks this is more proof that China is a bad place.  What I see is, China is constantly cleaning house.  What if we had a real investigation of how corruption has destroyed our own government?  HAHAHA.  Just the other day, someone artfully leaked the news that Congress is secretly investigating itself for corruption.  But the true corruption is how Congress lets foreign lobbies like AIPAC run our entire nation against our own best interests!

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Corruption is how Congress is sucking down many millions from hedge funds and international bankers seeking the power to loot our entire economic system.  Corruption is how Congress is willing to let 45 million Americans have no healthcare while collecting millions and millions of dollars from insurance companies who seek to NOT insure many people but seek to loot us while minimizing healthcare as much as possible.  This internal corruption continues unabated.  Hell will freeze over before the NYT calls for an end to these corrupting lobbyists.

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All are united in one thing: none of these guys who own our Congress want to see lobbying halted or prevented.  So the corruption will get worse and worse.  When 100 million Americans have little to no healthcare coverage, will we revolt?  When over 100 million Americans are reduced to poverty due to free trade, will they revolt?

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History is clear: the answer is yes, there will be some sort of revolt.  What form it takes is determined by many forces. Since US people are heavily propagandized against supporting labor or allowed to even try to understand basic economic business such as the difference between capital and credit, the likelihood is, the reaction will be to the right, not to the left. That is, anyone espousing National Socialism will probably take over eventually.

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And that is my analysis and prediction.  Not my desires.  Not my wishful thinking. This is all about figuring out the past and understanding how it leads to some sort of future.

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