Monday, August 15, 2016


The True Dollar Journal has been quite over the last few months. During this time, I've been updating the True Dollar Data Engine (TDDE) since workers at the Federal Reserve updated their data formats. The new TDDE can zip through reams of data like never before. Now, let's get down to business ...

HOODWINKED FOR DECADES, I showed you how bogus the academic concept of "real" GDP is. Currently, the Bureau of Economic Analysis calculates "real" GDP from an inflated GDP for 2009. In their propaganda release for Q2 2016 GDP, the minions of the BEA claimed "real" GDP grew at the rate of 1.2% annualized.

In True Dollars™, which is the only way one can know the true state of the economy, reveals the reality of a shrinking USA economy. The USA economy is shrinking at a rate of -3.4% a year. The record number of adults out of the workforce back up the True Dollars picture.

Noticeably, Barry Obama never talks up his economy. If the BEA numbers were to be believed, Obama could claim the economy grew almost 11% since the boom time peak of Q4 2007.

Clearly, Americans are not living anywhere near those boom times. Otherwise, Americans would have houses overfilled with everything and garages filled with the latest RVs and ATVs.

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Monday, July 25, 2016


Back on November 30, 2015, in NO ORDINARY WHITE GUY COULD EVER HOPE TO WIN THE U.S. PRESIDENCY IN 2016 AND MAYBE NEVER AGAIN. THE GOP WILL BE OVER SOON ENOUGH, I showed you that Donald Trump would be the only candidate who could beat Hillary Clinton in a historic election — the first woman president of the United States of America. In the work, I revealed the secret to winning for the right Republican nominee,

The key to winning elections against Democrats still is winning the white vote by a significant percent with a significant turn out. Whites still comprise 77% of the population and comprise the majority of voters.
That candidate needs to get whites without college degrees to show up and vote. They don't usually.
If the GOP candidate can get 10% more turn out of whites without college to show up and if that GOP candidate can get 10% more of them to vote GOP, that GOP candidate will be the next president. And this holds true even if 10% more Hispanics vote, 10% more blacks vote and 10% more Asians vote.
No ordinary white guy can could do that. Trump can. Trump is likely the only candidate who appeals to whites without college. Thus, likely Trump is the only shot a male registered Republican has at winning the presidency.

In today's Business Insider, Emma Fierberg reveals the results of a CNN/ORC International poll in a short slideshow video. The results of that poll show Trump doing exactly what he needs to do to win.

This is why Trump has opened up a lead against Hillary Clinton.

You can watch the full slide show here:

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Friday, July 15, 2016


Reporters were busy singing the praises of a current dollar retail sales report claiming growth.

Yet, in True Dollars™, no growth happened. Retail sales continue to be in decline from peak True Dollars GDP, which happened at the end of Q4, 2007.

The picture for autos looks even worse.

As you can see, gasoline sales are up in True Dollars terms. That should make sense to you as Americans have entered the summer driving season.

But hey, when your not-so-friendly neighborhood Fed Res central banker increases the cash in circulation by , in the last , it should be no surprise that everything expressed in current dollars is way up.

And so it is quite easy to have GDP growth expressed in that phony measure, "real" GDP when you have forever inflated chained current dollar GDP.

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Saturday, July 9, 2016


If you listen to TV talking heads, the five cops killed in Dallas on July 7th by militant Micah Xavier Johnson happened because of a supposed epidemic of Americans who happen to be black killed by cops during black suspect versus cop interaction.

Subsequently, the pro-black racist movement, Black Lives Matter staged protests in cities across the USA in what they have dubbed the Weekend of Rage.

Hillary Clinton, the wife of former president Bill Clinton who conveniently manufactured her political career in the last days of his presidency and the current Democratic Party nominee for president, took to the airwaves and Twitter to blame some Americans — white Americans. As well, Hillary blamed cops.

"White Americans need to do a better job of listening when African Americans talk about the seen and unseen barriers you face every day ... I’m going to be talking to white people. I think we’re the ones who have to start listening to the legitimate cries that are coming from our African-American fellow citizens.
I will call for white people, like myself, to put ourselves in the shoes of those African-American  families who fear every time their children go somewhere, who have to have ‘The Talk,’ about, you now, how to really protect themselves [from police], when they’re the ones who should be expecting protection from encounters with police ... We’ve got to figure out what is happening when routine traffic stops, when routine arrests, escalate into killings … Clearly, there seems to be a terrible disconnect between many police departments and officers and the people they have sworn to protect" ~ Hillary Clinton, July 8, 2016.

Is Mrs. Clinton right? Are the propagandists of Black Lives Matter right?

For every year, the Criminal Justice Information Services Division of the FBI produces crime statistics from over 18,000 city, university/college, county, state, tribal, and federal law enforcement agencies under the Uniform Crime Reporting (UCR) Program. The UCR results in these yearly reports: Crime in the United States, National Incident-Based Reporting System, Law Enforcement Officers Killed and Assaulted, and Hate Crime Statistics. The latest full year data exists for the year 2014.

In 2014, there were 1,165,383 violent crimes committed and 8,277,829 property crimes committed (Table 1). That totals to 9,443,212. Violent crimes include murder, non-negligent manslaughter, rape, robbery, assaults, and violent arson. Property crimes include burglary, larceny, motor vehicle theft.

In 2014, there were 8,730,665 arrests (Table 43A). For both known violent crimes and property crimes as well as a host of other crimes including forgery, counterfeiting, fraud, embezzlement, stolen goods dealing, vandalism, prostitution, illegal drugs possessions, gambling, drunkenness, disorderly conduct, driving under the influence and vagrancy.

In 2014, there were 444 justifiable homicides, that is, the killing of a felon by a law enforcement officer in the line of duty (Expanded Homicide Data Table 14).

Of the 8.7 million arrests in 2014, five thousandths of one percent ended up in justifiable homicide — a cop killing a suspect. That would be like taking one penny from a pile of 100 pennies, cutting that penny into one thousand parts and then taking five of those slivers.
Even if the number of those killed by cops doubled to 888 in 2014, that would still only be one one-hundredths of one percent.

The workers at Centers for Disease Control reported 2,626,418 deaths for 2014. For every 100,000 there were 823.7 deaths. So for all races, justifiable homicide came to 1.6 one-hundredths of one percent in 2014. The number is so small as to be meaningless in the context of deaths.

For 2016, through June, of the 509 killed by cops, here is the breakdown of race by percent:

  • WHITES, 46.8%
  • Blacks, 24.2%
  • Browns ("Hispanics"), 15.5%

Blacks and browns ("Hispanics") combined still do not exceed the killing of whites by cops, 39.7%.

Almost twice as many whites get killed by cops than blacks (1.93) yet blacks commit the most homicides. 

As an aside, the 2014 population estimate came in at 318,892,103 (July 2014). The population aged 15 and up came in at 257,027,035. For every person 15 and up in the USA in 2014, there were 29 arrests.

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Wednesday, July 6, 2016


Over the last few days in the American pro sports world, NFL players have griped over the wages of NBA players. It seems that even ordinary NBA players earn over $30 million a year.

Sportswriters at ESPN have concocted all kinds of silly theories that could only come from sports writers as to why NFL players earn less. Alas, sportswriters are not men of commerce.

The NFL gets about $8 billion a year for TV. There are 32 teams and rosters have 53 players. That comes to $4,422,169.81 a player.

The NBA gets about $3 billion a year for TV. There are 30 teams and rosters have 14 players on average (13 is the minimum). That comes to $7,142,857.14 a player.

In the other major pro sports, (NBA, NHL, MLB), players work full-time, playing both offense and defense. NFL players are highly-specialized part-time workers (e.g. long-snapper, quarterback).

If NFL players could play both offense and defense and thus if rosters were cut in half, NFL players would earn more than NBA players.  With NFL rosters cut in half and thus NFL players doing full-time work, there would be $8,844,339.62 an NFL player vs $7,142,857.14 an NBA player. That comes to $1,701,482.48 more for each NFL player.

A wage is a price and as a price conforms to the Law of Prices— the winning bid of purchases and sales in the face of what is on offer sets the price. All wages get set in a double auction. Buyers of work bid up wages while sellers of work bid down wages.

Likely, many NBA players could play other pro sports such as the NFL or MLB. To keep them from defecting, their wages must be high enough. Yet, so few NFL players could play in other pro sports. And those who could likely only could play in the minor leagues.

Also the pool of potential NFL players is much higher than the pool for NBA players. There are so few who stand 6'5" or taller on earth let alone 6'8" and who are coordinated. The larger NFL pool of players bids down wages.

What happens when we compare work?

An NBA game runs 48 minutes. An NBA season runs 82 games. There are 3,936 minutes to an NBA season.

An NFL game runs 60 minutes. An NFL season runs 16 games. There are 960 minutes to an NFL season.

If every player in each league were paid equally from their respective TV income pools, 
an NFL player would be paid $4,606.43 a minute while an NBA player would get paid $1,814.75 a minute. So on a per minute basis, an NFL player earns 2.54 times as much as an NBA player.

On a full-time, 40-hour work week, an NBA player would earn the equivalent of $226.5 million while the NFL player would earn $574.9 million! When you consider that an NFL player typically plays half a game, at an equalized pay rate, an NFL player would earn the equivalent of over one billion dollars a year, US$1.15 billion!

Of course, the foregoing fails to account for practice time and workout time. 

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Wednesday, June 29, 2016


So today MarketWatch published The True Cost of a College Degree Really Depends on Your Major, a work by Jillian Berman.

Here is a shot taken from the article:

United States produced by the Bureau of Labor Statistics, I produced the following table that calculates the internal rate of return based on the data from MarketWatch and the NOEWE.

No one should be surprised. Science, technology, engineering and math (STEM) fields produce the far better returns than other fields.

Elsewhere, Berman revealed that STEM grads from top-tier schools don’t earn much more than graduates from schools that with easier admissions at least according to Michael Hilmer, an economist at San Diego State University, and Eric Eide and Mark Showalter, economists at Brigham Young University (You Don’t Need an Ivy League Degree to Make a Lot of Money in These Fields).

Yet in another work, Berman pointed out which majors are dying based on declining numbers of students matriculating in particular fields.

Higher education is in need of a major overhaul, especially at public schools. No one should be forced to pay taxes to any state legislature or to Congress to fund those bodies subsidizing individuals college educations where the returns are not at least break even.

Most public universities should have pivoted long ago to STEM and business. Maybe at most there is need for one or two public liberal arts and fine arts colleges within each state. As well, the social sciences need to get consolidated and culled. The oversight bodies of some fields such as anthropology have left science and the scientific method altogether.
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Wednesday, June 15, 2016


John the Beloved was quite clear about Jesus.

My little children, I write this to you, in order that you may not sin. And if any one should sin, we have an Advocate with the Father, Christ the Righteous. And He is an offering for our sins; and not for ours alone, but also for all the world. ~ John in 1 John 2:1-2
And this:

For God so loved the world that He gave the only begotten Son, so that every one believing in Him should not be lost, but have eternal life. For God did not send His Son to the world that He might condemn the world; but that He might save the world through Him. The believer in Him will not be condemned; whoever does not trust however, is already convicted because he has not confided on the only begotten Son of God. And the indictment is this: that the Light came into the world and men loved the darkness rather than the Light, because their practices were wicked. ~ John in John 3:16-19
John has told all. Jesus has given a no-strings-attached pardon to everyone, heterosexual and homosexual alike. 

Believers in Jesus gain everlasting life. Even homosexuals who believe in Jesus get everlasting life. There are no exceptions. 

Some want to anoint themselves above Jesus and claim they can pick and choose who gets their sins cleared by Jesus, who gets everlasting life and who does not based on their own hang ups.

Such in-darkness Christians fail to see by their own reasoning they condemn themselves. For if any of them have committed one sin no matter how small from the day they learned about Jesus, by their own belief, they have wrecked it for themselves. Thus, by their own belief, they can not have everlasting life.

However, John told us that is not how it works. Jesus' beloved John told us this:

If we acknowledge our sins, He is faithful and just to expel our sins, and to purify us from all unrighteousness. If we deny that we have committed sin, we make Him false, and we are not imbued with His message. ~ John in 1 John 1:8-10
For you are no different than the homosexual who has learned of Jesus and continues to sin. There is exactly no difference between you and the Jesus loving homosexual. It is so unlikely that you are sinless. It is so unlikely that you will live your life sinless going forward.

If you doubt that Jesus died for the sins of all of mankind, even homosexuals, you doubt Jesus, his purpose and power. You have called Jesus a liar in so many words.

If you do not believe that Jesus died for the sins of homosexuals and that homosexuals who believe in Jesus do not get everlasting life, then you are a practical atheist. You are denying the exact purpose of Jesus. You are helping Satan laugh in the face of God and in the face of Jesus.

If you doubt that Jesus died for the sins of all of mankind, whether you are a believer or not, you are against Jesus. To be against Jesus is to be anti-Christ. It is that simple.

You must ask yourself tough questions:

  • Why do you keep denying that Jesus died for the sins of all of mankind including homosexuals?
  • Why do you keep denying that even homosexuals get everlasting life if they believe on Jesus the same as every other sinner?
  • Why are you so jealous that those sinning homosexuals even get everlasting life if they believe on Jesus the same as every other sinner?
  • Why are you so jealous that homosexuals can sin and have homosexual sex until the end of their earthly lives and have all of those sins wiped away by Jesus?
  • Why do you hate homosexuals as much as you do?
Jesus died for the sins of mankind. There are no exceptions. 

Too many do not seem to believe in Jesus and his power of removing the sins of mankind regardless of those sins.  Instead they see Jesus as a weakling who can only remove some sins, the sins that favor them but not the sins of others. By doing so, they help Satan to laugh at Jesus and at God because they miss seeing who Jesus is and what he has done.

Jesus in his infinite strength has taken care of the sins of everyone, not merely his believers but also heterosexuals, homosexuals, murderers, rapists, Jews, Mohammadans and atheists. And those who believe in Jesus and with Jesus not only have their debt of sins wiped clean but also get everlasting life. Even the "icky homosexuals" get everlasting provided they believe in Jesus. 

To deny the foregoing is to deny Jesus himself. If you deny that Jesus died for the sins of mankind, whatever those sins and whoever has done those sins, you deny why Jesus came to mankind. You deny Jesus' purpose. Either you must believe Jesus not to be all-powerful or you must believe Jesus lied.

While we do not know if Jesus ever spoke about homosexuality — the Gospels are not transcripts of his entire life but rather are true stories with attributed dialogue — we do know or should know what was Jesus' purpose.

Homosexuals can engage in homosexual sex until their earthly deaths. As long as they have loving belief that Jesus died for the sins of mankind, they too will have everlasting life. They will not be judged whatsoever.

The ones who will be judged are those in the grave before the arrival of Jesus as well as those who reject Jesus. 

Do not be surprised at this; because the time comes, in which all those in the graves shall hear His voice, and shall come out: those who have done good to a resurrection life; and those who have done evil to a resurrection of judgment. ~ Jesus in John 5:28-28

Jesus has cleansed us of our sins. Jesus has put away sin. Jesus died for the sins of mankind, all of mankind, even homosexuals, even murderous Mohammadans. It is the denial of Jesus having done so that strips away your everlasting life.

Ongoing belief in Jesus is what gets anyone everlasting life. It is not a rational thing like signing an insurance contract, paying a premium and then saying to yourself, "That is done. I paid the bill. I am insured."

While Jesus encouraged people to fly right. He did not expect them to do so. If Jesus expected people to fly right on his mere say-so, Jesus would not have needed to die for the sins of mankind.

Jesus has cleansed us of our sins. If we deny being sinners, in effect, we are denying Jesus as we are denying his purpose and thus his reason for existence. Thus, if we deny Jesus we can't live our lives as loving both God and those who also love God as Jesus taught.

We are all sinners. Even so, we are still good to go in God's mind. Anyone who awakens to this truth truly awakens. One is far less inclined to sin knowing that all of his past errors have been forgiven. It is those who see no way out that tend to deep sinning. 

All anyone must do is come to Jesus and believe fully in what he did and that one gets everlasting life. We are all sinners. Thank God for Jesus. 

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