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	<title>The Binary Circumstance</title>
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	<link>http://www.thebinarycircumstance.com</link>
	<description>Things either exist or they don't</description>
	<pubDate>Tue, 11 Nov 2008 04:57:47 +0000</pubDate>
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			<item>
		<title>Quote of the Day</title>
		<link>http://www.thebinarycircumstance.com/2008/11/10/3185/quote-of-the-day-127/</link>
		<comments>http://www.thebinarycircumstance.com/2008/11/10/3185/quote-of-the-day-127/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 04:57:47 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Quotes]]></category>

		<category><![CDATA[Religion]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3185</guid>
		<description><![CDATA[I have examined all of the known superstitions of the world and I do not find in our superstitions of Christianity one redeeming feature. They are all founded on fables and mythology. Christianity has made one half the world fools and the other half hypocrites. - (Thomas Jefferson / 1743-1826)
Source
]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/11/10/3185/quote-of-the-day-127/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Almost 20% of Mortgages Underwater</title>
		<link>http://www.thebinarycircumstance.com/2008/11/01/3184/almost-20-of-mortgages-underwater/</link>
		<comments>http://www.thebinarycircumstance.com/2008/11/01/3184/almost-20-of-mortgages-underwater/#comments</comments>
		<pubDate>Sun, 02 Nov 2008 03:22:21 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/2008/11/01/3184/almost-20-of-mortgages-underwater/</guid>
		<description><![CDATA[From Yahoo News/Reuters:
NEW YORK (Reuters) – Nearly one in five U.S. mortgage borrowers owe more to lenders than their homes are worth, and the rate may soon approach one in four as housing prices fall and the economy weakens, a report on Friday shows.
About 7.63 million properties, or 18 percent, had negative equity in September, [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/11/01/3184/almost-20-of-mortgages-underwater/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Selling the Big Question</title>
		<link>http://www.thebinarycircumstance.com/2008/10/21/3183/selling-the-big-question/</link>
		<comments>http://www.thebinarycircumstance.com/2008/10/21/3183/selling-the-big-question/#comments</comments>
		<pubDate>Wed, 22 Oct 2008 03:09:26 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Religion]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3183</guid>
		<description><![CDATA[Atheists are starting an advertising campaign on buses in London to complete with pro-religion messages.
The British Humanist Association will be administering all donations to the campaign, and Professor Richard Dawkins, bestselling author of The God Delusion, has generously agreed to match all contributions up to a maximum of £5,500, giving us a total of £11,000 [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/10/21/3183/selling-the-big-question/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Identifying Capitulation</title>
		<link>http://www.thebinarycircumstance.com/2008/10/13/3182/identifying-capitulation/</link>
		<comments>http://www.thebinarycircumstance.com/2008/10/13/3182/identifying-capitulation/#comments</comments>
		<pubDate>Mon, 13 Oct 2008 21:09:10 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3182</guid>
		<description><![CDATA[In spite of today&#8217;s huge stock market rally, there are many, including myself, who think we have probably not hit bottom.  CNBC has a useful article on how to identify capitulation.  I&#8217;d suggest reading the entire article and also looking at the graph which identifies the stages.
The activity in the Dow Jones Industrial [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/10/13/3182/identifying-capitulation/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Congress Approves Massive Bailout</title>
		<link>http://www.thebinarycircumstance.com/2008/10/03/3181/congress-approves-massive-bailout/</link>
		<comments>http://www.thebinarycircumstance.com/2008/10/03/3181/congress-approves-massive-bailout/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 20:35:49 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3181</guid>
		<description><![CDATA[Today the House approved the massive $700 billion bailout (I&#8217;m sure that&#8217;s just the beginning) that was approved by the Senate a couple of days ago.
The stock market as measured by the DJIA had been up over 300 points in anticipation of the positive vote in the House.  But it dropped 470 points off [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/10/03/3181/congress-approves-massive-bailout/feed/</wfw:commentRss>
		</item>
		<item>
		<title>This Bailout&#8217;s For You?</title>
		<link>http://www.thebinarycircumstance.com/2008/09/30/3180/this-bailouts-for-you/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/30/3180/this-bailouts-for-you/#comments</comments>
		<pubDate>Wed, 01 Oct 2008 02:43:43 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3180</guid>
		<description><![CDATA[Politicians and talking heads on TV are working very hard to convince the public that there is an imminent threat of financial meltdown if the government doesn&#8217;t pass some form of bailout which will transfer non-performing, toxic assets from banks and other businesses to the taxpayers.
If you are puzzled as to why so many on [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/30/3180/this-bailouts-for-you/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Would You Buy A Bailout From This Man?</title>
		<link>http://www.thebinarycircumstance.com/2008/09/25/3179/would-you-buy-a-bailout-from-this-man/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/25/3179/would-you-buy-a-bailout-from-this-man/#comments</comments>
		<pubDate>Thu, 25 Sep 2008 18:14:47 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3179</guid>
		<description><![CDATA[President Bush along with others in his administration have told us repeatedly as the housing bubble burst and the credit crisis swept around the globe that the American economy was sound.  Now he&#8217;s singing a different tune and the name of that tune is &#8220;700 Billion Dollar Bailout.&#8221;
Now Bush says the U.S. is in [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/25/3179/would-you-buy-a-bailout-from-this-man/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Ron Paul on the Biggest Bailout Ever</title>
		<link>http://www.thebinarycircumstance.com/2008/09/24/3178/ron-paul-on-the-biggest-bailout-ever/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/24/3178/ron-paul-on-the-biggest-bailout-ever/#comments</comments>
		<pubDate>Wed, 24 Sep 2008 16:02:21 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3178</guid>
		<description><![CDATA[Ron Paul is the only person who seems to understand that we can&#8217;t escape our current financial problems by borrowing and printing more money.  That&#8217;s what created the problem in the first place.  
The latest proposed bailout, which politicians are trying to scare us into accepting just like they did with the Iraq [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/24/3178/ron-paul-on-the-biggest-bailout-ever/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Quote Lie of the Day</title>
		<link>http://www.thebinarycircumstance.com/2008/09/23/3177/quote-lie-of-the-day/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/23/3177/quote-lie-of-the-day/#comments</comments>
		<pubDate>Wed, 24 Sep 2008 06:06:26 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Quotes]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3177</guid>
		<description><![CDATA[&#8220;We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself,&#8221; - Republican Party Platform, 2008.
Source: www.andrewsulivan.com
]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/23/3177/quote-lie-of-the-day/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Quote of the Day</title>
		<link>http://www.thebinarycircumstance.com/2008/09/23/3176/quote-of-the-day-126/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/23/3176/quote-of-the-day-126/#comments</comments>
		<pubDate>Wed, 24 Sep 2008 06:00:48 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Humor]]></category>

		<category><![CDATA[Quotes]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3176</guid>
		<description><![CDATA[Apropos of the biggest bailout in history:
America is a melting pot, the people at the bottom get burned while all the scum floats to the top.  -Charlie King
Source: 1001 Insults, Put-Downs, and Comebacks, Steven D. Price (Ed.), Guilford, Connecticut, The Lyons Press, 2005
]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/23/3176/quote-of-the-day-126/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Obama and McCain in Bed with Fannie and Freddie</title>
		<link>http://www.thebinarycircumstance.com/2008/09/15/3175/obama-and-mccain-in-bed-with-fannie-and-freddie/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/15/3175/obama-and-mccain-in-bed-with-fannie-and-freddie/#comments</comments>
		<pubDate>Tue, 16 Sep 2008 01:34:18 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Television]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3175</guid>
		<description><![CDATA[Lest we forget, the current meltdown on Wall Street, started with deflation of the housing bubble.  The bubble was created in large part by Fannie Mae and Freddie Mac buying up loans that should never have been made in the first place, packaging them as mortgage backed securities and selling them around the globe.
Both [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/15/3175/obama-and-mccain-in-bed-with-fannie-and-freddie/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Fannie and Freddie Seized</title>
		<link>http://www.thebinarycircumstance.com/2008/09/07/3174/fannie-and-freddie-seized/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/07/3174/fannie-and-freddie-seized/#comments</comments>
		<pubDate>Sun, 07 Sep 2008 21:30:10 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3174</guid>
		<description><![CDATA[As expected the Feds moved in to seize Fannie Mae and Freddie Mac to prevent collapse.
Under the plan, the Treasury will receive $1 billion of senior preferred stock in coming days, with warrants representing ownership stakes of 79.9 percent of Fannie and Freddie. The government will receive annual interest of 10 percent on its stake.
As [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/07/3174/fannie-and-freddie-seized/feed/</wfw:commentRss>
		</item>
		<item>
		<title>&#8220;I Kill for God. I Listen to God&#8221;</title>
		<link>http://www.thebinarycircumstance.com/2008/09/06/3173/i-kill-for-god-i-listen-to-god/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/06/3173/i-kill-for-god-i-listen-to-god/#comments</comments>
		<pubDate>Sat, 06 Sep 2008 16:46:20 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Religion]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/2008/09/06/3173/i-kill-for-god-i-listen-to-god/</guid>
		<description><![CDATA[Isaac Zamora, who is accused of killing six people in a Seattle-area shooting spree, gave his reasons at a hearing yesterday.

From the Seattle-PI:
MOUNT VERNON &#8212; Isaac Zamora, accused in the deaths of six people, says he kills for God.
&#8220;I kill for God. I listen to God,&#8221; Zamora said twice Friday, his first public words after [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/06/3173/i-kill-for-god-i-listen-to-god/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Government Will Move to Seize Fannie Mae and Freddie Mac</title>
		<link>http://www.thebinarycircumstance.com/2008/09/06/3172/government-will-move-to-seize-fannie-mae-and-freddie-mac/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/06/3172/government-will-move-to-seize-fannie-mae-and-freddie-mac/#comments</comments>
		<pubDate>Sat, 06 Sep 2008 16:19:58 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/2008/09/06/3172/government-will-move-to-seize-fannie-mae-and-freddie-mac/</guid>
		<description><![CDATA[A government takeover of mortgage giants Fannie Mae and Freddie Mac is expected soon, perhaps by the end of this weekend.
WASHINGTON - The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/06/3172/government-will-move-to-seize-fannie-mae-and-freddie-mac/feed/</wfw:commentRss>
		</item>
		<item>
		<title>ABC News: The Money Trail II</title>
		<link>http://www.thebinarycircumstance.com/2008/09/03/3171/abc-news-the-money-trail-ii/</link>
		<comments>http://www.thebinarycircumstance.com/2008/09/03/3171/abc-news-the-money-trail-ii/#comments</comments>
		<pubDate>Thu, 04 Sep 2008 04:32:15 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/2008/09/03/3171/abc-news-the-money-trail-ii/</guid>
		<description><![CDATA[We mustn&#8217;t forget that when it comes to whoring for lobbyist money, the Republicans do it just as much as the Democrats.
MINNEAPOLIS &#8212; Tom DeLay, the former House GOP majority leader whose connections to convicted lobbyist Jack Abramoff brought scandal and disgrace to the Republican party, returned to the spotlight in Minneapolis last night, helping [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/09/03/3171/abc-news-the-money-trail-ii/feed/</wfw:commentRss>
		</item>
		<item>
		<title>ABC News: The Money Trail</title>
		<link>http://www.thebinarycircumstance.com/2008/08/27/3169/abc-news-the-money-trail/</link>
		<comments>http://www.thebinarycircumstance.com/2008/08/27/3169/abc-news-the-money-trail/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 04:07:37 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3169</guid>
		<description><![CDATA[ABC News and their chief investigative reporter Brian Ross are doing an illuminating series of stories about how the Democratic Party has been courting big money at their convention in Denver while doing their best to prevent any media coverage of it.
Anybody who thinks the Democrats are the party of the little people should read [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/08/27/3169/abc-news-the-money-trail/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Hyperinflation</title>
		<link>http://www.thebinarycircumstance.com/2008/08/21/3167/hyperinflation/</link>
		<comments>http://www.thebinarycircumstance.com/2008/08/21/3167/hyperinflation/#comments</comments>
		<pubDate>Fri, 22 Aug 2008 01:43:02 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3167</guid>
		<description><![CDATA[Germany is an example of what happens when the government prints too much money to pump up the economy. Pumping up is another way of saying preventing deflation.  (See my recent post about how much money the Fed is creating to keep the financial system propped up.)
We should not ignore the extreme hyperinflation of [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/08/21/3167/hyperinflation/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Wholesale Prices Surge Most in 27 Years</title>
		<link>http://www.thebinarycircumstance.com/2008/08/19/3166/wholesale-prices-surge-most-in-27-years/</link>
		<comments>http://www.thebinarycircumstance.com/2008/08/19/3166/wholesale-prices-surge-most-in-27-years/#comments</comments>
		<pubDate>Tue, 19 Aug 2008 21:16:38 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3166</guid>
		<description><![CDATA[From Yahoo News/AP:
The Labor Department reported Tuesday that wholesale prices shot up 1.2 percent in July, pushed higher by rising costs for energy and a variety of other products from motor vehicles to plastic goods.
The increase was more than twice the 0.5 percent gain that economists expected and left prices rising over the past 12 [...]]]></description>
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		</item>
		<item>
		<title>Quote of the Day</title>
		<link>http://www.thebinarycircumstance.com/2008/08/18/3165/quote-of-the-day-125/</link>
		<comments>http://www.thebinarycircumstance.com/2008/08/18/3165/quote-of-the-day-125/#comments</comments>
		<pubDate>Tue, 19 Aug 2008 04:22:03 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3165</guid>
		<description><![CDATA[The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost. &#8212; Ben Bernanke, Chairman of the Federal Reserve
Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with [...]]]></description>
		<wfw:commentRss>http://www.thebinarycircumstance.com/2008/08/18/3165/quote-of-the-day-125/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Inflation Hits 17-Year High</title>
		<link>http://www.thebinarycircumstance.com/2008/08/14/3164/inflation-hits-17-year-high/</link>
		<comments>http://www.thebinarycircumstance.com/2008/08/14/3164/inflation-hits-17-year-high/#comments</comments>
		<pubDate>Thu, 14 Aug 2008 17:28:14 +0000</pubDate>
		<dc:creator>Chip Gibbons</dc:creator>
		
		<category><![CDATA[Government/Politics]]></category>

		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.thebinarycircumstance.com/?p=3164</guid>
		<description><![CDATA[On many occasions I have warned that the government&#8217;s monetary policies would lead to more inflation, a hidden tax that destroys the value of savings and harms the poor and those on fixed incomes the most.  
Type &#8220;inflation&#8221; into the search box and you can see the many references that I&#8217;ve made to it [...]]]></description>
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