FED LOVE Bernie Sanders and BERNANKE going at it..........

Always great to go back and see the love.......

The insanity of the FED skewering the divide between rich and poor..........

https://www.youtube.com/watch?v=5ahMsz6QMB8

Want more shit to sell at a yard sale? Tired of clutter, need more and more and more?

We are unhappy because we are insatiable.  After working hard to get what we want, we lose interest in the object of our desire.  Rather than feeling satisfied, we feel bored and in response to this boredom we go on to form new, grander, desires.

The easiest way to gain happiness is to want the things you already have.

A technique I use is NEGATIVE VISUALIZATION.  Here are the benefits before I tell you how it works.

It allows you to better appreciate what you have.

It allows you to not cling to the present and your current situation.

It allows you to avoid hedonic adaption.

You can put this into practice every day by imagining your life without something you hold dear.  Whether it is career, money or family.

The goal is not to cause you grief but instead to value what you already have and realize just how much it means to you.

This will force you to appreciate more what you already possess and not get stuck in the hedonic cycle or treadmill of wanting and acquiring more. 

Listen up.........

Don't listen to other traders and stay off of ideas on TWITTER.  Fast way to the poor house.
Think risk control 100% of the time.  You are doomed if you don't.  The market mistress has a million ways to feed off of you.  She will get you in every way possible and those you hadn't thought of.
Start with an open mind, think critically.  Who is on the other side of the trade?  What do they know and why?  Follow a process,  play for the big move.  Every one wants to make the money, few want to do the work.  Patience is key.  Insanity, well, irrationality is rampant.  Sit tight, better entry points are ahead.

Smart v. Right

For you on twitter asking questions remember this.

Trade to make money, not to be right.  Great traders are not interested in appearing smart. As the saying goes, there no bonus check at the end of the year for being smart. 

Ellen Weintraub

How about "all hands on deck" to investigate how the DNC decided long before the primary started that Bernie was never going to win? It was predetermined by the Democratic National Committee that Hillary would win.

How does that not shake the faith of the American Democratic voter?

Bubble Up

“Are you kidding? Are you kidding? No one knows what you’re doing.” 

 – Economist John Taylor in response to William Dudley’s (President Federal Reserve Bank of New York)  comment that the Federal Reserve (Fed) has been very clear in their discussions about monetary policy.

MIC at work against the American taxpayer

The Pentagon wasted millions of taxpayer dollars buying the Afghan army a woodland camouflage uniform that was apparently chosen on a whim and may have made soldiers easier to spot, a U.S. government watchdog said Wednesday. The office of the Special Inspector General for Afghanistan Reconstruction (SIGAR) said the Pentagon may have spent as much as $28 million more than necessary when it decided in 2007 to purchase the dark-green "forest" camouflage uniforms, even though forests cover only about 2 percent of the country, SIGAR noted. Still, Afghanistan's then defense minister liked the pattern. And although the proprietary design came at a premium price, the report says officials paid without conducting any formal testing or evaluation.

FED Speak.

“Are you kidding? Are you kidding? No one knows what you’re doing.” 

 – Economist John Taylor in response to William Dudley’s (President Federal Reserve Bank of New York)  comment that the Federal Reserve (Fed) has been very clear in their discussions about monetary policy.