Will AI Usher in Socialism

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The following is a clip from an AI search.

“Socialist perspectives on AI emphasize collective ownership and democratic control over AI technologies, arguing that AI, particularly large language models (LLMs), are built upon data generated by the public and therefore should not be privately owned.” iAsk

Not a bad idea, but, that is not possible. Why? We already have a socialist economy, albeit one where the wealthy get most of the benefits. The U.S. economy is routinely called capitalist. It is Fascist. Fascism does constitute socialism. Continue reading →

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Crash Before Christmas

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Bag-holders are in place. YouTube is suggesting multiple videos making the case for a crash in 2026. AI bubble articles abound. It has been my observation that YouTube features these types of videos to draw in short sales to facilitate a huge short squeeze. When the bearish case is allowed in the media, a short squeeze is in the offing. This is December and time for the Santa Claus rally to get underway.

The Federal Reserve will lower interest rates next week, sparking a rally. Shorts will cover, just like they always do. But, there may be multitudes of longs, waiting for the next rally to sell. What if it’s not enough? What if it is discovered that the Fed has lost control of interest rates?

With so many forecasting a crash in 2026, It can’t happen that way. No one is forecasting a crash in December. A sharp gap up, that fails immediately or in a few days may provide the signal.

Don’t count this as an ironclad forecast. Certainly, there are other, even more heroic “save the market”  tricks in the hat, ready to be pulled out

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End of High Healthcare Prices

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Here is the best system for providing national healthcare. Everyone gets a government healthcare credit card. Some would pay nothing. The rich would pay as much as all. Providers would not know, where on the sliding payment scale, a patient was positioned. Healthcare costs would plummet.

Insurance companies would go out of business. Healthcare prices That makes such  a common sense plan out of reach politically. It would wrench control away from the organized crime syndicate that owns the healthcare industry as it is.

 

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Will Less Inflation Prevent a Recession

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The causes of a recession are rooted in imbalances, usually in the form of government interventions, built up for years and in this case over decades. Looking at current inflation data reveals very little.

Government policy prevents small recessions. This is what creates imbalances in addition to those which are already present due to natural influences. Accumulated imbalances are then resolved in the form of one big depression.

Every country in the world is out on a limb economically. Each limb is being sawn off. Continue reading →

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Why I Don’t Buy Gold

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So far so good for gold. Gold is rocketing. There are reasons I am not participating. First, Regardless of how good it sounds, as a standard, I never buy into foregone conclusions. More importantly, in my 76 years, I have never known of a case where any commercially advertised investment has proved to be profitable.

For decades, gold has been advertised on talk radio and other venues as  if it was an ideal investment. This is such a red flag, my experience won’t let me touch it. Is the sky the limit? Central banks are buying gold. How smart are central banks? Below is a headline I clipped this morning.

 

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Will AI Prevent a Recession?

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No, given that so far, AI has only been used as a mechanism to herd the population. AI will increase the productivity of labor. So far, AI is not being employed in ways that will accomplish that, outside of freeing up human capital to be used in other capacities.
To be of value over all, AI must be used to produce something for which there is demand for. Reaching the point of technology overkill is a distinct possibility. If that is the case, those who have invested in it are out on a limb

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Market Top

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Here is the situation. The stock market is rigged past anything investor’s minds can fathom. Retail investors determine the direction of the market. Large trades are made by way of alternative venues. The market will drop when all of the effort in the world, move it higher.

GDP, as it is reported, is a phony number, manipulated to look impressive. CPI is calculated so as to look as impressive as possible. Federal reserve policy is determined politically. The entire U.S.  population is managed like a giant herd of cattle. Trust of government is at an all time high. This is while, the whole concept of democracy requires that government cannot and must not be trusted. Continue reading →

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Is Capitalism Cruel?

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Every child is born into an eternal power struggle. Life, including that of humans, is regulated by laws of dominance and subservience. There , you have the cruelty.

The cruelty applies to all systems. What passes for capitalism today is nothing of the kind.

Expectations seem to be that absolutely no one suffers in a capitalist system. A combination of democratic principles and free markets minimizes the cruelty imposed on us by nature. That is the best we can do.

Ask capitalism to do the impossible and call it cruel when  it fails ? The Great Depression is often cited as the failure of capitalism.. At the very worst of the Great Depression, prosperity in the United States was greater than the best of times than any country in the world, using any other system. In the Soviet Union under communism, folks over there never did achieve the level of prosperity experienced in the United States during its worst economic period. It is the world that is cruel, not capitalism.

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AI and AS Combined

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I have been asking experts to explain exactly what artificial intelligence is. So far, not a one has given a cohesive answer. That doesn’t mean it is not anything. Never discount this kind of development, even though it may not have any personal utility to you at the moment. Every new invention I can remember, got dismissed by many as something that would never catch on…. automobiles, computers, smartphones and so on. AI, most likely will change the world. Based on initial observations as to how it is being used now, it is a destructive joke of a development.

Is it good for further enslaving the global population?  AI is being used in an attempt to do just that. So far, it has only created a degree of online chaos, that is driving folks offline. It is a great money saver for the online industry but, is that worth the business it is running off? Continue reading →

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Welfare You Cannot See

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Supposed you owned a bakery and a man from the government came by and and told you that from now on the government was going to cover the cost of inventory for you and all of the bakers in the country. All you had to do is make the bread and pastries and pay other normal costs of doing business. Your profits would sky rocket. In a short time, you might begin to believe that it was good for the rest of the country to get free flour from the government. But, in fact the country would produce far too many baked goods which would be a big misallocation of the country’s resources.
Money is the inventory that banks carry. In a free market setting, banks have to buy their inventory by paying people enough interest to encourage them to save. In the US today, banks get from the government what is very close to free money. Continue reading →

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