muses of the moment

December 31, 2012

Slowing Down

Filed under: Odds 'n ends — totallygroovygirlfriday @ 1:06 pm

totallygroovygirl has been noticing that things are slowing down. Perhaps she is just getting older, but this part of the cycle, the winter portion, the contraction, is in some ways very fast. Things are completely different from just 4 years ago in 2008, but also very slow. And the changes from 2001 are dramatic. Getting anything done, especially in government and business, is pain-painstakingly slow. For the young, it is frustrating. For those without the understanding of cycles, it seems that this new way is always how it will be from now on. And that can be soul crushing.

It reminds groovygirl of the book, To Kill A Mockingbird. Not only a great book about changing social issues, but an excellent description of life during the Depression in rural America.

Here is a quote from the first few opening paragraphs:

Maycomb was an old town, but it was a tired old town when I first knew it. In rainy weather the streets turned to red slop; grass grew on the sidewalks, the courthouse sagged in the square. Somehow, it was hotter then: a black dog suffered on a summer’s day; bony mules hitched to Hoover carts flicked flies in the sweltering shade of the live oaks on the square. Men’s stiff collars wilted by nine in the morning. Ladies bathed before noon, after their three-o’clock naps, and by nightfall were like soft teacakes with frostings of sweat and sweet talcum.

People moved slowly then. They ambled across the square, shuffled in and out of the stores around it, took their time about everything. A day was twenty-four hours long but seemed longer. There was no hurry, for there was nowhere to go, nothing to buy and no money to buy it with, nothing to see outside the boundaries of Maycomb County. But it was a time of vague optimism for some of the people: Maycomb County had recently been told that it had nothing to fear but fear itself.

Lately the days seem to drag on longer, as nothing seems much to happen, specially in Washington. The busy days of buying things to keep our minds occupied is gone, since there is no money, and nothing of substance to replace “stuff”. There is a slowness mixed with what some may call vague optimism, but others call fear. It definitely is hotter!

This may depress some people, but for gg it is further evidence of The Winter Cycle. And cycles do end, turning into the next cycle.

For those used to 24-hour, 7-day a week moving forward, slowing down is very uncomfortable. People lose or maybe have never known themselves apart from consumerism, materialism, and an advancing place in business or education. This is the true test of character. Perhaps this is why our society is fractured. Political and social value extremes easily pass for character on the surface. So does money.

Let us use this cycle of slowness in uncertainty to discover the essence our character as individuals and a nation.  And if you are lacking examples, as I am sure you are judging from the media, the character of Attius Finch in the book To Kill A Mockingbird is a perfect place to start.

This is totallygroovygirlfriday’s wish for the new year.

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Latest Blog Post from Martin Armstrong dated December 30, 2012

Filed under: DOW and S&P500, Martin Armstrong — Tags: — totallygroovygirlfriday @ 12:29 pm

Click here for the latest blog post by Martin Armstrong entitled Dow Jones Yearly Bullish Reversal 12567 dated December 30, 2012.

December 30, 2012

Earmuff Salesman

Filed under: Odds 'n ends — totallygroovygirlfriday @ 1:03 am

December 28, 2012

Latest Blog Post from Martin Armstrong dated December 27, 2012

Filed under: Martin Armstrong, Precious metals — Tags: — totallygroovygirlfriday @ 1:48 pm

Click here for the latest blog post from Martin Armstrong entitled Gold for Year End 2012 dated December 27, 2012.

December 26, 2012

Latest Blog Post from Martin Armstrong dated December 26, 2012

Filed under: Martin Armstrong, Taxes — Tags: — totallygroovygirlfriday @ 6:44 pm

Click here for Martin Armstrong’s latest blog post entitled Fiscal Cliff of Tax Increases Near dated December 26, 2012. He has quite a few posts in the last several days, check them out.

Martin thinks that a deal is far from reality.

December 25, 2012

Merry Christmas!

Filed under: Odds 'n ends — totallygroovygirlfriday @ 2:32 pm

I hope everyone is having a very Merry Christmas!

December 23, 2012

Grover’s Christmas Trees

Filed under: Odds 'n ends — totallygroovygirlfriday @ 2:01 am

December 22, 2012

Real Stats from John Williams from shadowstats.com

John Williams released his latest commentary. Here is the summary, you pay for the detail:

– GDP Upside Revision Was In Health Care (and Bad Deflation of Same)
– GDI (GDP Equivalent) Annualized Third-Quarter Gain of 1.36%, Followed Annualized Second-Quarter Contraction of 0.72%
– Weaker November Housing Starts Reflected Mixed Storm Effects, But Sharp Downside Revisions Were Pre-Hurricane
– Fed’s Inflation Target Is Just In-House Wishful Guessing
– Despite Boost from Hurricane, Durable Goods Orders Remained in Recession

Groovygirl can not turn on financial TV without hearing about a 2-3% increase in GDP. But the revisions from past quarters keep getting lower and lower. And we never hear about that on TV or the financial media. You have to dig around on the internet for that info. With these revisions, we are not in a recovery.

GG didn’t think about the false uptick in GDP that the new heath care law might create. But Supreme Court said it was a “tax”. But gg thinks it will be a wash. All the money that people have to spend on the “tax”, they will not spend on health care services or their own health. It only works if wages increase. Same with private businesses. And if they are counting on government spending on health care to make up the increase, it is again a wash. Government gets their money from taxes. It’s all a money shell game.

The Banking System has a 2% GDP tolerance level below which they feel the pressure of a 2008 crisis again. They are legally doing alot of creative accounting to hold their own during this “recovery”. It can not last forever.

December 20, 2012

What’s happening to gold this week?

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 3:58 pm

Same thing happened last year, do not panic. If anything, add to a physical long term holding. Gold and silver on sale for Christmas.

Click here for the historical charts from Jesse.

December 19, 2012

Interview with John Williams of shadowstats.com

Here is the latest interview with John Williams via usawatchdog website.

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