Copenhagen Cluster FUBAR

The media airwaves continue to gush over the ruling classes meeting in Copenhagen to discuss how they can foist more economic oppression onto the common man. That's after information got out that the scientists were fabricating the data and hiding contrary evidence in order to ensure their own gravy train of money for "research".

The real story is yet to come out, as the media air heads write about quotes from top scientists admitting lies and hiding evidence. The real story is in the computer codes and those related e-mails that show they were doctoring data at the deepest levels to produce only "pro-warming" results. That entire field is rife with corruption in search of more and more government funding. They even admit fabricating scare stories in public to get more grant money.

All I want for Christmas is simply a collapse at Copenhagen for whatever reason. I suspect money will cause it. With the current economic situation, the wealthier countries know they can't get their voters to sent big money to the poorest nations to help them develop without existing energy sources. They might put something on paper that will be vague and full of holes. But I think that's all that will come about. That's my hope.

Actions

IFF Copenhagen collapses AND ObamaCare, too, I will become longer term bullish again.

For now I see no trading buys or sells that have a good risk-reward profile. I admit I'm not looking too hard. I'll be out all next week, so will not want big, risky positions on my books then anyway.

Uh ... what's going on with the dollar ? I thought it was consigned to the graveyard by the doomsters. Could it be that signs of economic strength in the US are bringing in demand ? Hmm ... where was that posted a few months ago ? One guess.

This is an intermediate term rally. Longer term, the dollar must go down versus all those exporter countries in Asia and other places. They've been riding on the back of the US consumer for decades. That has to balance out.

I read that a large amount of profits at large US multinational companies come from emerging markets. Good. That gave me some more comfort that I have enough exposure to those markets.

Book of the Week

The Adventures of Huckleberry Finn, by Mark Twain, in AUDIO version. Mine is a BBC audio narrated by Patrick Fraley. I am now 45% through this book and I recommend it highly. The AUDIO version. The dialects of the characters are part of the crucial value of the book. An audio version produced by a good actor reading the book gives you this. Reading it in print will not.

The setting is the Mississippi river area around Illinois and Missouri circa 1830-1840. The adventures of Huck Finn bring out the culture of that regions and major issues such as freedom, slavery, and oppression, and the riverboat culture of that huge region in the US that had existed for decades as the nation moved west from the Appalachian regions to the Great Plains.

US western culture then was hard drinking, hard fisted, rough and tumble and lots of braggadocio and bombast - the bowie knife and whisky culture of people coping in relatively primitive areas. Histories give you the raw facts. This novel puts a human side onto it.

Word of the Day

Ululate - verb, intransitive [$10]
Ululate means to howl, wail.
Sentence: The Greenies will ululate unceasingly if the Copenhagen circus craters; that will be music to my ears.