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Algeria Next?

Tyler Durden's picture


For all those on revolution withdrawal, fear not: there are at least 20 more countries to go (many of which hilariously fall in Jim O'Neill's N-11 list - does the N stand for Next to revolt Jim?). Tomorrow, we may get the next one. Thousands of police are reportedly being drafted into the Algerian capital ahead of planned pro-democracy marches, opposition groups have said. Said Sadi, the head of the Rally for Culture and Democracy (RCD), said authorities were moving to prevent Saturday's protests in Algiers from taking place."

From Al Jazeera:

"Trains have been stopped and other public transport will be as well," he told the AFP news agency.

According to Sadi, around 10,000 police officers were coming into reinforce the 20,000 that blocked the last protest staged on January 22, when five people were killed and more than 800 hurt in clashes.

The latest rally is being organised by the National Co-ordination for Change and Democracy (CNCD), a three-week-old umbrella group of opposition parties, civil society movements and unofficial unions inspired by the mass protests in Tunisia and Egypt.

Demonstrators in the oil-rich nation have been protesting over the last few months against unemployment, high food costs, poor housing and corruption - similar issues that fuelled the uprisings in other north African nations.

At least 12 people have set themselves alight in protest against the government since January, four of those dying.

Earlier this month, Abdelaziz Bouteflika, the president, said he would lift emergency powers, address unemployment and allow democratic marches to take place in the country, in a bid to stave off unrest.

However, protests in Algiers remain banned.

Don't think for a minute that the Bernank is the only person to conceive of social appeasement by dangling shiny trinkets and unemployment checks before the great unwashed. Oh yes, once Algeria goes, Bahrain is next:

Bouteflika's attempt to appease protesters is just one of many undertaken by Arab governments concerned about spreading unrest in the region.

In Bahrain, the king offered each family $2,650 on Friday.

The small oil producer is considered the most vulnerable of the Gulf Arab countries to unrest, although seen as unlikely to fall in the same way as Tunisia and Egypt.

The Bahraini government has made several concessions in recent weeks, such as higher social spending and offering to release some minors arrested during a security crackdown against Shia groups last August.

The official Bahrain news agency released a report saying: "To praise the tenth anniversary of the National Action Charter and in recognition of the people of Bahrain.... His Majesty King Hamad bin Isa Al Khalifa ... will provide the amount of one thousand dinars for each family of Bahrain after adopting necessary legal procedures."

Activists have called for protests on February 14, the tenth anniversary of Bahrain's constitution, but it is not yet clear how widespread they will be.

And unlike Egypt, Algeria actually has more resources than just one strategically located canal.

Algeria is an important exporter of oil and natural gas and is a member of the Organization of the Petroleum Exporting Countries (OPEC). In 2008, Algeria produced 1.42 million bbl/d of crude oil. Algeria was the fourth largest crude oil producer in Africa after Nigeria (1.94), Angola (1.89), and Libya (1.71) and the largest total oil liquids producer on the continent.  As a member of OPEC, Algeria's crude oil production can be constrained by the group's crude production allocations, but Algeria also produced 450,000 bbl/d of condensate and 357,000 bbl/d of natural gas liquids, which are exempt from OPEC quotas, bringing total oil liquids production for the year up to a total of 2.23 million bbl/d. Domestic oil consumption accounted for about 13 percent of total production.

Algeria was the sixth largest natural gas producer in the world in 2007 after Russia, the United States, Canada, Iran, and Norway. Algeria produced 3.03 trillion cubic feet of natural gas in 2007, of which 70 percent was exported and 30 percent was consumed domestically.

Don't worry though. This, and every next revolution, up to and including that of the US at the very end, are all priced in as the market goes to all time highs by the end of June 2011.

h/t Scrataliano


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Fri, 02/11/2011 - 19:15 | 954463 Haywood Jablowme
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Viva la revolucione!  How many more before we get to the USSofA?  Perhaps I should take up crochet in the meantime.  I'm sure there'll soon be a market for AOR1 and AOR2 patterned drink coasters.  Proudly hand-made in the USSofA of course.



Fri, 02/11/2011 - 19:17 | 954484 AnonymousAnarchist
AnonymousAnarchist's picture

Crochet is a better use of time than politics. ;)

The state is violence, reject it. Build counter-power, create an authority vacuum.

Sat, 02/12/2011 - 15:38 | 956026 Sudden Debt
Sudden Debt's picture

Algeria won't suffer the same faith as Egypt.

They have to many oil and gas resources which they can use to temper the crowds.

Also their police forces are way more cruel and more used in supressing the people.

Algerians are pretty cruel people.

Fri, 02/11/2011 - 19:22 | 954472 hambone
hambone's picture

really - anything going to change in all these overthrows or it simply becomes public how lopsided these countries are and how little the poor have?  And then?  I think these will need to go much farther than removing a president / vp to effect a rebalancing of the playing board.

Look at America - peaceful elections and to what effect?  Peaceful transition of power from one protectorate of TPTB to another protectorate?


Fri, 02/11/2011 - 20:19 | 954639 Arkadaba
Arkadaba's picture

Robert Fisk makes a similar point wrt removing more than just a Prez and VP (written a few days ago):

Regimes grow iron roots. When the Syrians left Lebanon in 2005, the Lebanese thought that it was enough to lop off the head, to get the soldiers and the intelligence officers out of their country. But I remember the astonishment with which we all discovered the depth of Syria's talons. They lay deep in the earth of Lebanon, to the very bedrock. The assassinations went on. And so, too, it is in Egypt. The Ministry of Interior thugs, the state security police, the dictator who gives them their orders, are still in operation – and if one head should roll, there will be other heads to be pasted onto the familiar portrait to send those cruel men back into the streets.

Edit: I am not absolutely cynical about the possibility of change taking place but am wary.  

Sat, 02/12/2011 - 04:02 | 955391 Michael
Michael's picture

The population of Algeria 35 million against 30K paid police state thugs, no contest.

The whole idea of these revolutions first is to stop the police state torture of the people. Looks like the Egyptians accomplished this hands down.

The second is to stop the corruption of the elite and elected officials. I prefer using the 7th amendment for that, but when all else fails?

Sat, 02/12/2011 - 04:35 | 955404 ivars
ivars's picture

Second takes 40 years while 2 generations in power change.

Fri, 02/11/2011 - 19:18 | 954486 topcallingtroll
topcallingtroll's picture

Maybe we can frontrun the algerian stock market this time.  EGPT left me behind with it's five percent gain today.


Hey Tyler an article on the IMF call to end dollar hegemony and use the SDR might be a good article.  The doomer sites all link to you and that would draw in the eyeballs, especially if you would go into the composition of the SDR, and other alternatives to the dollar such as the Bancor.  Russians predictably want gold in the SDR, after all it is the second or third largest freely convertible currency isn't it?  "SDR To Replace The Dollar,  The End of the Beginning?" or something like that. 

Sat, 02/12/2011 - 12:42 | 955746 A_MacLaren
A_MacLaren's picture

Alternative debt based fiat crap composed of a global basket of debt based fiat crap is not the solution, its the banksters next ploy to extend and pretend and kick debt based fiat crap as currency can down the road, while scamming the public into forking over more wealth to the parasites known as banksters.

Fri, 02/11/2011 - 19:21 | 954494 Bigger Dickus
Bigger Dickus's picture

I hope not. That would really screw my plans for physical gold purchases.

Fri, 02/11/2011 - 19:23 | 954498 asdasmos
asdasmos's picture

You don't quit do you. Either trolling hard or you have a distorted perception of reality.

Fri, 02/11/2011 - 19:31 | 954516 Bigger Dickus
Bigger Dickus's picture

What makes you think I'm trolling?


Fri, 02/11/2011 - 19:48 | 954568 Nathan Muir
Nathan Muir's picture

Your CONSTANT bullshit.  (first and last time I respond to your nonsense)

Fri, 02/11/2011 - 19:53 | 954585 Bigger Dickus
Bigger Dickus's picture

This is not the kitchen, Mildred.

Fri, 02/11/2011 - 20:15 | 954634 Sudden Debt
Sudden Debt's picture

Your 1 out of 4 morons who constantly works on my nerves.

You constantly try to make a mokery of things just proving you are clueless.

And even when you think this is all just a joke : WHAT THE FUCK ARE YOU DOING HERE ON THIS SITE!! GO BACK TO THE YAHOO BOARD!!!

Fri, 02/11/2011 - 20:19 | 954647 Bigger Dickus
Bigger Dickus's picture

It's mockery, not "mokery".

Fri, 02/11/2011 - 20:32 | 954685 Arkadaba
Arkadaba's picture

That is your response? Let's call each other out on typos and spelling mistakes!

(The only sp error that bugs me a lot is that Marshall Law != Martial Law.) But really who cares. 


Fri, 02/11/2011 - 20:43 | 954715 Bigger Dickus
Bigger Dickus's picture

What should I write then? Insults like our friend above?I don't know why I'm wasting my time with tin foil hatters. Most ZHedgers nowadays have a one track mind: silver is going to the moon and any deviation amounts to manipulation. That's insane.

Fri, 02/11/2011 - 21:03 | 954769 Arkadaba
Arkadaba's picture

That's great - you expressed a position and now you should argue for that position. Why don't you think silver is going to the moon? Wrt deviation, looking at longer term charts, I haven't seen much. The trend is there. But maybe you see something different? I'm asking honestly - I would like to know. I try to read opinions that refute my hypotheses even more than those that confirm them. 

Fri, 02/11/2011 - 21:21 | 954800 Bigger Dickus
Bigger Dickus's picture

I'm not arguing that silver isn't going to the moon. In fact I own physical silver that I will NEVER sell and will hopefully pass on to my children. Physical PMs are a hedge on paper and stocks.

Nevertheless, thinking about all scenarios is required not to get burnt in the paper markets. Right now, silver bullishness is at extreme levels. Don't believe those who tell you that "it hasn't reached mania levels yet" when it has. Consider this: I've seen people in their 20s go to the coin shop and buy 1 ounce coins for 40 to 50% premiums. There are at least 3 airports that I know of where people can buy small gold bars from vending machines at huge markups (Frankfurt, Dubai and some other one I can't remember). The middle class is wasting money on jewelry thinking that they are hedging against the Apocalypse. I could go on and on.


Right now, it's very cheap to be a contrarian so that's what I'm doing. That doesn't mean that I'm a gold bear. In fact, I believe that gold prices are below south African production costs (total historical costs, not cash costs). Does that mean you should go out and buy all the physical gold you can? No.

Fri, 02/11/2011 - 21:43 | 954875 Arkadaba
Arkadaba's picture

Thanks - appreciated your reply and info. I don't think that even all of the gold bugs are all in gold - For me I see it as insurance - which may be around 10% at most. There is time to play in the US market but that market will crash at some point - timing is everything. And forward looking - what is next? I'm not sure but happy to be back in Canada with water and oil :p


Fri, 02/11/2011 - 22:18 | 954936 tmosley
tmosley's picture

I see, so three vending machines worldwide=mania.

Remind me not to buy ATM company stocks.

Sat, 02/12/2011 - 10:26 | 955580 The Real Fake E...
The Real Fake Economy's picture

i remember back in 05 seeing Ponch from CHIPS and Dr Evil's #2 pitching real estate at like 2 in the morning.  I remember asking myself, why does this not look right?  then had a bunch of friends picking up and leaving NY and moving to FL because they were all becoming RE agents and everyone was buying and it was supposedly really cheap (even Jada Kiss said so in a rap song about 10 years ago!!)

Well now I live in China and don't have the luxury of watching live American TV and so have no idea if Webster aka Emmanuel Lewis or Ivana Humpalot are pitching gold/silver late night.  But what I do know through facebook is those same "make a quick buck on the latest trend" friends have been posting about buying gold, silver, gold stocks etc over the last 3 or so months.  Then, last week I'm in Bangkok, and I KID YOU NOT, 7pm, i'm walking from my hotel to a restaurant not too far away when I pass what appears to be a classroom, except this isn't a University or anything.  It's an office being used as a classroom and inside is a douchey looking western guy writing on a whiteboard the benefits of gold, silver and bronze, putting up prices in USD/ Bhat, drawing charts etc.  The audience, seemingly educated, just got out of work Thai people ranging in age from 25-65.  As if this weren't bad enough or perhaps I was having some sort of nightmare, guess who has a nice approximately 12 story office building just across the street?  JPMORGAN!!  In nice, big, shiny letters were the 8 letters I most dread seeing in the world when placed in that order.  (those scoundrels just started charging me $5 non-ATM chase fees when accessing money outside of the US, up from $3, but that's a whole 'nother story for another day) 

In any case, not sure if JPM was hosting this shindig or what, but the whole scene was scary....very scary.  i'm reminded of former yankee player and met manager Yogi Berra "it's deja vu all over again"

Sat, 02/12/2011 - 13:28 | 955806 tmosley
tmosley's picture

Feel free to sell then.  No-one is stopping you.  The quicker weak hands like you sell, the quicker we can get this thing over with.  People who won't use their own minds and do their homework on what is really happening with silver don't deserve to own it.  People who can't see that prices can't continue rising on goods that can increase in supply exponentially, like tulips or houses, deserve what they get when they buy.  People who can't see that mining operations for gold and silver can't be quickly ramped up and that global stockpiles of silver are fast dwindling deserve what they get when they sell their physical, allowing JPMorgan to cover its shorts.

The end is near.  Sell your silver.  I don't want to share control of the world with contrarians or non-thinkers.

Fri, 02/11/2011 - 23:13 | 955028 dark pools of soros
dark pools of soros's picture

you can make children while jackin off to a mirror??  surround yourself with some more mirrors you fuckin attention whore

Sat, 02/12/2011 - 08:29 | 955494 Bigger Dickus
Bigger Dickus's picture

wow just wow.

Paging Dr. Sigmund

Sat, 02/12/2011 - 15:02 | 955953 JonNadler
JonNadler's picture

you are my worst troll, annoying but not effective in scaring sheep away from gold.

You think just being an annoying fool will syop them?



Fri, 02/11/2011 - 21:13 | 954791 Hephasteus
Hephasteus's picture

Go do some crack johnny.

Fri, 02/11/2011 - 22:22 | 954944 Dapper Dan
Dapper Dan's picture

Big D, I found a site you would probably feel more comfortable at.

Added bonus is no captcha.

Fri, 02/11/2011 - 20:47 | 954725 Pure Evil
Pure Evil's picture

our method: pseudonymous speech...

anonymity is a shield from the tyranny of the majority. it thus exemplifies the purpose behind the bill of rights, and of the first amendment in particular: to protect unpopular individuals from retaliation-- and their ideas from suppression-- at the hand of an intolerant society.

Sat, 02/12/2011 - 10:36 | 955588 cossack55
cossack55's picture

No kidding.  I always thought Marshall Fields was a hunting/camping outfit.  Hey, and what about Marital Law.  Thats combat oriented.

Fri, 02/11/2011 - 20:50 | 954735 snowball777
snowball777's picture

He's moking you.

Fri, 02/11/2011 - 20:41 | 954711 whopper
whopper's picture

Johnny that you ?????

Sat, 02/12/2011 - 08:07 | 955482 Treason Season
Treason Season's picture

It's either JB or an alumni from the same troll school. The Eric Sprott thread is chock full of the mf's. Unlike Sudden Debt though, I find them comforting knowing someone is worried enough to take the time and make the effort of discouraging the purchasinng of pm's.

Sat, 02/12/2011 - 08:29 | 955497 Bigger Dickus
Bigger Dickus's picture

I bet I own more AG than you

Sat, 02/12/2011 - 13:03 | 955768 SilverIsKing
SilverIsKing's picture

I bet I have a bigger dickus than Bigger Dickus.

Sat, 02/12/2011 - 13:10 | 955779 Bigger Dickus
Bigger Dickus's picture

That won't save you from eternal damnation for being a huge flamer. Silver Surfer has to be the gayest character ever. Next to him, even Tintin is manly.


Sat, 02/12/2011 - 13:19 | 955793 SilverIsKing
SilverIsKing's picture

How long have you been following gay comic book characters?

I found something you might appreciate:

BTW: No mention of Silver Surfer.

Sat, 02/12/2011 - 13:34 | 955819 Bigger Dickus
Bigger Dickus's picture

I don't follow them. That's the impression I get from my childhood comic book experience.


You're the one who actively googled gay comic book characters. I advise you to call Dr. Sigmund Freud before it gets worse.

Sat, 02/12/2011 - 13:40 | 955829 SilverIsKing
SilverIsKing's picture

I would try to call him but I'm guessing he's pretty dead by now.

Fri, 02/11/2011 - 19:35 | 954527 I think I need ...
I think I need to buy a gun's picture

ain't nothing going to interfere with your physical gold purchases....keep buying... u want a fuckin SDR or Canadian Maple in your pocket or backyard. SDRS may help in trade but they ain't going to recapitalize the world.

Fri, 02/11/2011 - 19:24 | 954502 Rainman
Rainman's picture

Maybe I better read that Nostradamus quatrain again. What we got left.....22 months ??

Fri, 02/11/2011 - 19:35 | 954529 I think I need ...
I think I need to buy a gun's picture

Alot less than that

Fri, 02/11/2011 - 22:57 | 955001 TBT or not TBT
TBT or not TBT's picture

Erm, I think these revolutions in arab islamic countries should have, at some point, brought us to question whether there is causality behind this correlation.   Islamic countries are economically weak dictatorships mostly, and arab ones that don't have much oil per head will have the most trouble soonest.  They're all doomed to serious unrest eventually though, thanks to desperation, thanks to the idiocy of Islam.

Sat, 02/12/2011 - 08:00 | 955481 Arkadaba
Arkadaba's picture

I'm not sure I would define Egypt as an Islamic country - more secular than many other countries in the region. 

Sat, 02/12/2011 - 20:19 | 956623 TBT or not TBT
TBT or not TBT's picture

It's just 90% Muslim, according to the CIA World Factbook article, but what do they know?

Fri, 02/11/2011 - 20:55 | 954752 Pure Evil
Pure Evil's picture

Well, actually, some mad russian scientists claim we got until at least 2036.

Fri, 02/11/2011 - 23:25 | 955058 Terminus C
Terminus C's picture

If all 7 billion of us pick a different day for the total end of the world one of us is bound to be right.

That said, I would agree with the high chance that the end of the financial ponzi that we know is near (within the year).

Fri, 02/11/2011 - 23:15 | 955037 dark pools of soros
dark pools of soros's picture

Cen VIII  Quatrain 28

The copies of gold and silver inflated,
which after the theft were thrown into the lake,
at the discovery that all is exhausted and dissipated by the debt.
All scrips and bonds will be wiped out.


Cen X  Quatrain 75

Long awaited he will never return
In Europe, he will appear in Asia:
One of the league issued from the great Hermes,
And he will grow over all the Kings of the East.


Cen V  Quatrain 25

The Arab Prince Mars, Sun, Venus, Leo,
The rule of the Church will succumb by sea:
Towards Persia very nearly a million men,
The true serpent will invade Byzantium and Egypt.


Cen IX  Quatrain 73

The Blue Turban King entered into Foix,
And he will reign less than an evolution of Saturn:
The White Turban King Byzantium heart banished,
Sun, Mars and Mercury near Aquarius.



Sat, 02/12/2011 - 14:50 | 955932 Hulk
Hulk's picture

Orbit of saturn 29.45 years, hmm...Lets see if he ends up in Foix!

Fri, 02/11/2011 - 19:25 | 954504 gwar5
gwar5's picture

As long as the movements are spontaneous and genuinely freedom driven, I'm glad for the people. Bravo. 

But big red flags should go up when you hear fancy sounding "democracy" organizations and unions together.

A little too slick to be spontaneous and organic --- a little too marxist. Example: "National Co-ordination for Change and Democracy"

Commie Code words like: "social justice", "economic justice", "tranformational change", "sustainability."  All of which basically just mean that your shit is their shit.

Marxism never sleeps..... so neither do we.


Fri, 02/11/2011 - 19:36 | 954531 Rainman
Rainman's picture

+ 100 Acorns

Fri, 02/11/2011 - 20:41 | 954710 downwiththebanks
downwiththebanks's picture

Much better to have genocide for the benefit of Capital accumulation.

Sat, 02/12/2011 - 11:36 | 955647 StychoKiller
StychoKiller's picture

This should set your hair on fire:


Sat, 02/12/2011 - 10:45 | 955602 SheHunter
SheHunter's picture

gwar5.  Let the organizations get the unwashed motivated.  Out of the motivation comes common cause.  Out of common cause comes common voice.  If their common voice does not match yours then that is your problem.  Get over it.

Fri, 02/11/2011 - 19:39 | 954541 Fish Gone Bad
Fish Gone Bad's picture

I had to take a look at a map to find Algeria.  Right next to Libya and Tunisia.  The news just keeps getting better and better.  Eventually there will be a flu pandemic to make things all the more interesting.

Fri, 02/11/2011 - 20:50 | 954734 Cleanclog
Cleanclog's picture

Enuf of North Africa!  Let's get to the peninsula.  Yemen will make it interesting while terrifying the House of Saud.

Fri, 02/11/2011 - 22:01 | 954907 Arkadaba
Arkadaba's picture

That's sad - tip of Northern Africa

Fri, 02/11/2011 - 19:41 | 954545 dick cheneys ghost
dick cheneys ghost's picture

im waiting for the house of saud because they are so kinky.

Fri, 02/11/2011 - 21:07 | 954775 OMG
OMG's picture

& inbred

Fri, 02/11/2011 - 21:10 | 954780 Pure Evil
Pure Evil's picture

Naw, you're thinking of the British Monarchy. More inbred than an Ozark hillbilly.

Fri, 02/11/2011 - 21:38 | 954864 OMG
OMG's picture

My bad forgot the reptillian queen lizard, won't let it happen again.

Sat, 02/12/2011 - 10:41 | 955595 cossack55
cossack55's picture

The British or Belgian queen lizard?  I think one is senile and the other pure evil.

Fri, 02/11/2011 - 19:44 | 954550 Belrev
Belrev's picture

Does anyone of you seriously beleive that the international ZOG will let people take power? They always fund both sides, this time is no different. Even if people take power, the ZOG will find its way to corrupt their leaders and will shortly be running all the important affairs over there anywhere.

It is a snake of many heads.

Fri, 02/11/2011 - 21:07 | 954779 OMG
OMG's picture

+1 Google "red shield'



Sat, 02/12/2011 - 13:09 | 955776 SilverIsKing
SilverIsKing's picture

Serious question (part 1): What do they fund both sides with?

Fri, 02/11/2011 - 19:48 | 954564 Herman Strandsc...
Herman Strandschnecke's picture

 @ gwar5..above..don't forget other tell-tale words such as; cohesion, community, E (Union), treaty and commerce.


Herman Strand Schnecke

Fri, 02/11/2011 - 19:51 | 954581 QQQBall
QQQBall's picture

nother deer in the headlights moment for Billary and Barky

Fri, 02/11/2011 - 19:52 | 954584 mogul rider
mogul rider's picture

Like I said before I love the smell of napalm in the morning.

Watching the elites vaporize in front of us is heartwarming.

Now of course as Obama gets his dose of this next year - the good 'ol boys in Warshintown will have none of this rioting stuff.

No sir they'll blast these commie sympathizers.


So it is poosible the US will be the last dictatorship on the planet



Fri, 02/11/2011 - 20:03 | 954610 israhole
israhole's picture

So long Israel.  Nobody will miss you.

Fri, 02/11/2011 - 20:14 | 954628 hambone
hambone's picture

out of curiousity - are you anti the state of Israel, anti jewish, or both? 

To be honest, I don't really get how out of the holocaust (which I guess you're not a big believer in) that surviving Jews not murdered by Germany would be given the holiest site in middle East?  Why not punish Germany and give Jews upper Bavaria or the like?  Why not Montana?  S. Dakota? 

Anyway, rant on.

Fri, 02/11/2011 - 20:54 | 954726 israhole
israhole's picture

7 words is a rant?  Nice try.

But I would bet you're having second thoughts on "making aliyah" these days. 

Anyway, whine on...


Fri, 02/11/2011 - 20:50 | 954740 Arkadaba
Arkadaba's picture

For myself I find myself aligned against the policies of the state of Israel. And, unfortunately, that alone can get you branded as an anti-semite, which I'm not. 

Historical facts support that the holocaust did happen - not disputing that.

And speaking of genocide ... why haven't some North American tribes been given a homeland or the Armenians, the Roma or the Highland Scots ... ?

I'm one for rational discussion but it does seem that Israel and its policies are not up for discussion on the right or on the left. 

Fri, 02/11/2011 - 21:01 | 954758 israhole
israhole's picture

I agree that the discussion of Israel is verboten. That's the reason we need to address it.  Btw, I believe Rand Paul wants to cut all funds to Israel, which is a start.

Fri, 02/11/2011 - 21:10 | 954783 hambone
hambone's picture

I'm not real excited about the idea of Israel as a state but pro Jew (except for one or two I don't like, namely BB...don't care for genocidal printers)...not sure what that makes me.

Wish the discussion of Israel and their actions as a state could be discussed seperate from anti-semitism.  There are real issues about Israel's conduct in need of resolution.

Fri, 02/11/2011 - 23:00 | 955006 TBT or not TBT
TBT or not TBT's picture

How about a nice discussion of how all the neighborhing countries are festering shitholes because of Islam, and absolutely not because of the success of a tiny neighboring country with which they've chosen to have no relations(other than war?).

Fri, 02/11/2011 - 21:10 | 954784 OMG
OMG's picture

No jews in Is-Ra-Lie they left with that guy and spent 40 years in a desert. Nothing but the seed of the money changers in that place!

Sat, 02/12/2011 - 00:07 | 955121 Moe Howard
Moe Howard's picture

I thought we gave them most of New York? Aren't there more Jews in the USA than Israel? I lived there for two years [Israel] and I still don't get how they could stop me, a peace loving [at the time] nominal Catholic from visiting Bethlehem at Christmas time. They are only a democracy for the Jews. Anybody else is a second class citizen. Like being Korean in Japan.

Sat, 02/12/2011 - 10:44 | 955601 cossack55
cossack55's picture

Wasn't just the krauts killing.  Can we add the Poles, Hunks, Ukes, Romys, Wops, Frogs, Cloggers, Ivans.  Anyone with an axe to grind and an axe. Share the wealth, baby.

Fri, 02/11/2011 - 20:13 | 954632 Grifter
Grifter's picture

C'mon dude, you know they'll exercise The Samson Option & glass the entire solar system if shit gets real.

Fri, 02/11/2011 - 20:23 | 954664 StarvingLion
StarvingLion's picture

Hooray!  Glass away oh cultural virus.  The human livestock are getting restless!

Fri, 02/11/2011 - 21:23 | 954823 Grifter
Grifter's picture

Ha, not sure if I share your enthusiasm, oh famished leo, sarcastic as it is.  :-D

I do have to imagine that Israel must be at least squirming in their seat with recent developments in their 'hood though. 

My only hope is that these other nations on the Time For Change Express can follow the largely peaceful path that Egypt has tread (so far).  From what I watched, it seemed to me that the last 2 weeks had a number of opportunities to get completely out of hand, and it didn't.  So I say kudos to the people of Egypt for being determined yet exercising restraint.

Fri, 02/11/2011 - 23:15 | 955036 TBT or not TBT
TBT or not TBT's picture

Restraint isn't what they have in mind.    The army is well respected in Egypt because the egytian populace think it defeated the jooooos.   Really, they think their army won wars with Israel back when.     So the army is in charge, and the one other organized force in the country is the Muslim Brotherhood, in a country where north of 80% of the population believe that anyone who leaves Islam must be put to death.     This is not the beginning of something good, this is the beginning of the endgame.

Fri, 02/11/2011 - 20:11 | 954625 StarvingLion
StarvingLion's picture

The riots 6 months from now:

"Give us back the old Judeofascist stooge...the new one they installed is much much worse"

You wait and see, the people of Egypt will be begging Hosni to come back.

Fri, 02/11/2011 - 20:42 | 954714 downwiththebanks
downwiththebanks's picture

Exactly 0% chance this happens.

Not that the REVOLUTION won't demand new leadership ... it just won't be (Mu)Barak.

Fri, 02/11/2011 - 20:19 | 954649 Spalding_Smailes
Spalding_Smailes's picture

.... Yawn, next.

Fri, 02/11/2011 - 20:21 | 954658 Bigger Dickus
Bigger Dickus's picture

Short silver right here. There was no follow-through on the 3% move.

Fri, 02/11/2011 - 20:40 | 954708 Spalding_Smailes
Spalding_Smailes's picture

This old trader and me, were at the bar and we
Were having us some beers and swappin' I dont cares
Talking gold, silver and leveraged etf's
Old trades and new adr's, and miners we aint short yet ...
We talked about Ben's pomo, and all the markets he raised
Then I heard the ol' trader say
Ben is great, pomo is good, and doomers are crazy

He said I rode two miners, been blowtorched and monkey hammered
What brings you to Arm Holdings, he said profits, you know
We talked an hour or two, bout every miner we knew
What we'll put them through, like two old traders will do

We pondered china and the euro, he lit a cigarette with a mining derivative i.o.u.
Said these damn things will kill me yet
But Ben is great, pomo is good, and doomers are crazy

The top is 1,420.00, I said goodbye to that
I will never see that price again ....

Then one sunny day, I saw the old mans face
Front page IBD, he was a millionaree
He made his fortune shorting the miners
The doomers were mad as hell, but me, Im doing well 

And i said, Ben is great, a little inflation is good, and doomers are crazy

Fri, 02/11/2011 - 22:21 | 954941 tmosley
tmosley's picture

Do you taste skittles when you rim that unicorn?

Fri, 02/11/2011 - 22:55 | 954955 Spalding_Smailes
Spalding_Smailes's picture

... Mr. Two-face ~ What's up my Nubian Brotha' Running from blog to blog to blog running on and on and on about gold. ( Zero Hedge, Seeking Alpha, Ron Paul Forums,New York Finance, Business Insider ect ..... Lol') 

T Mosley the super " gold " troll .................. Lol' run along, time for bed. Gotta rest up for all that trolling tomorrow. Bwahaaaaaaawahhaaaaaa .... Whew'

How's mommy's basement ???


( TMosley - SeekingAlpha)............. " From my perspective, if GLD really is a Ponzi scheme, all of the insiders would have a very large financial incentive to support it. The miners would get a share of the profits from ongoing operations, possibly while storing their production elsewhere for sale after the scheme falls apart (thus taking advantage of the subsequent rise in prices). The bullion banks get access to GLD shares to cover their shorts (I believe this is now allowed under COMEX rules) at basically no cost, and have government backing should something go wrong. The auditors get paid off. Only those holding the shares get stiffed. 

GLD just seems too good to be true. It's hard to believe that it's possible to track the price of gold so well for so cheap given the volatility of the market. It's also hard to believe that they can take in hundreds of tons of new bullion without raising the price. I can't advise people what to do with their money, but I can say this: do your homework before investing. After doing mine, I'm sticking with physical and shares in miners. " ..................................

Fri, 02/11/2011 - 20:30 | 954675 palmereldritch
palmereldritch's picture

Webster Tarpley appeared on Alex jones briefly on Thursday and indicated from his analysis that Mubarak was removed from power because he refused to support an attack on Iran.

The other country vehemently opposing this attack was Saudi Arabia.

Regardless of which country is next, the endgame appears to be Saudi Arabia and a tight military lid on all the local populace dressed up as ‘transitional democracy’ to facilitate Israel’s obsession with Teheran and a potential WWIII.

Fri, 02/11/2011 - 20:36 | 954696 Weimar Ben Bernanke
Weimar Ben Bernanke's picture

Mubarack,the Saudi King Abdullah both are war mongers. They wanted Israel and the US to bomb Iran. Saudi Arabia even went as far to give Israel a corridor to do the bombing. If any nation bombs Iran it does not matter if you put the populace under a military dicatorship because the people will riot in the streets. And Iran has a shitload of proxies and cells across the mideast in the event of war.

Fri, 02/11/2011 - 21:02 | 954764 palmereldritch
palmereldritch's picture

I am not debating whether they are warmongers but I think it is fair to consider that they have a greater allegiance to Iran than to Israel and setting their own backyard on fire if this scenario is correct and such an attack unfolded.

The tell will be the military juntas continuing to delaying democracy in all these countries after the ‘revolutions’ as US aircraft carrier groups close in on the region.

IMO Plan B is probably to install the MB with all the Islamic fervor this will engender after the attack.  The alternation is cold, then hot, then cold.  Order from chaos at varying temperatures.

Tarpley’s analysis is excellent.  You should give it a listen.

Fri, 02/11/2011 - 23:20 | 955046 TBT or not TBT
TBT or not TBT's picture

We WANT "democracy" delayed in these countries.   Democracy in arab islamic countries means islamic tyranny, sooner or later.   Benevolant dictatorship is the best they'll do, short of a really long occupation and handholding and oversight excercise like the one jsut beginning with Iraq.    Iran CAN be set on the path of freedom, because it isn't arab, and is fed up with mullahs, who are widely seen to represent a religion foreign to Persia.

Sat, 02/12/2011 - 00:41 | 955168 palmereldritch
palmereldritch's picture

Iraq was significantly more secular before its invasion and occupation by the US armed forces.
Egypt has been essentially occupied by Mubarak and the military and your solution is more occupation?
Your attitude is dismissive and arrogant towards the Arab people who have suffered under a domestic tyranny facilitated by the US to placate Israel.
They deserve their independence and are smart enough to realize the dangers of all enemies - foreign, domestic, social and religious.
The same is not working but informed decisions will allow them to develop their political systems towards effective plurality and tolerance unlike other countries in the ME.

Sat, 02/12/2011 - 06:55 | 955461 AnAnonymous
AnAnonymous's picture

Iran CAN be set on the path of freedom, because it isn't arab, and is fed up with mullahs, who are widely seen to represent a religion foreign to Persia.


So it is double folded.

They are both arabs and muslims. It looks as it answers my enquiry on Congo (85pc christian) that has the right religion but is populated with negroes.

I wonder what religion Persians would consider as domestic when freed from Islam.

Sat, 02/12/2011 - 08:29 | 955498 Arkadaba
Arkadaba's picture

Zoroastrianism, maybe? 

And useless trivia - Freddy Mercury was a Zoroastrian:


Sat, 02/12/2011 - 10:36 | 955589 TBT or not TBT
TBT or not TBT's picture

Good guess.     Many Persians wear the zorastrian symbol, a sort of golden winged dude, under their clothing, and often have it on display in their houses.     Some tiny fraction actually practice it(which can get you killed in Iran), but mainly it is a Persian symbol for them, predating the widely resented arabo-muslim invasion.     They refer to arabs as "roach eaters."

Sat, 02/12/2011 - 11:51 | 955663 AnAnonymous
AnAnonymous's picture

If it zorastrianism, then it is not christianity. Considering that zorastrianism is a historical rival to Judaism and that it includes recommandations on brother-sister incests, they are not out of the woods...


They refer to arabs as "roach eaters."


Arabs are screwed up whatever because they are Arabs. So why hammer on Islam?

Sat, 02/12/2011 - 12:59 | 955767 Arkadaba
Arkadaba's picture

Jeez ... trying to give you guys some perspective. We all come from the same gene pool. We've shared languages. We all have the same bent towards religion or not. If we are going to move forward at all, time to focus on the human.

Sat, 02/12/2011 - 20:22 | 956632 TBT or not TBT
TBT or not TBT's picture

Arab and Islam are largely convoluted, so totalitarian is that religion, and so intertwined that religion is with that culture.  Yes there are Christian and Jewish arabs still, and a few other non Muslim varieties, but grosso modo the end of what is cultural and the beginning of what is Islam cannot be discerned.

Sat, 02/12/2011 - 12:59 | 955520 Arkadaba
Arkadaba's picture



Sat, 02/12/2011 - 10:42 | 955597 TBT or not TBT
TBT or not TBT's picture

palmereldritch, I would love to see a military imposed solution a la Ataturk in Turkey, which forced a westernisation of that country, via, using your formula a "domestic tyranny."   That is the best we could hope for any time soon in Egypt, an arab country infected with Islam.    Islam IS a domestic tyranny, from beginning to end, with a bit of spirituality mixed in with the tyranny.   As far as who Mubarak is, well he was a domestic tyrant, and not a real bad one compared to what can emerge from an arab country ridden with Islam.   If we really want to screw the pooch here we will oppose the egyptian military running country, and will end up with a Sunni version of Iran, minus the rather smarter more industrious persians.

Sat, 02/12/2011 - 09:23 | 955114 Arkadaba
Arkadaba's picture


Fri, 02/11/2011 - 20:31 | 954677 Weimar Ben Bernanke
Weimar Ben Bernanke's picture

Bahrain has a revolution overdue. The majority are shiite and the royal family and elites of that nation is sunniplus they are a minority.   Plus it is according to Iran,Bahrain is  "lost territory",and our Fifth Navy Fleet is located there and many military bases. So that nation is ripe for revolution.  The big kahuna is Saudi Arabia. For now it seems to depend if Yemen and Jordan falls. Saudi Arabia might have a revolution similar to the french revolution. They have lax gun laws,so if the soldiers shoot the people will shoot right back. However we shall see what happens.

Fri, 02/11/2011 - 20:45 | 954721 StarvingLion
StarvingLion's picture

"In the news tonight, well, there is civil war everywhere but stock markets are up across the globe thanks to computer buying"

Fri, 02/11/2011 - 20:32 | 954683 baltar
baltar's picture


Thank the US congress for protecting you.

H.R.308 - Large Capacity Ammunition Feeding Device Act
"means a magazine, belt, drum, feed strip, or similar device that has a capacity of, or that can be readily restored or converted to accept, more than 10 rounds of ammunition; but (B) does not include an attached tubular device designed to accept, and capable of operating only with, .22 caliber rimfire ammunition." So get ready no more magazines at all since I would guess anything can be converted to accept.


Fri, 02/11/2011 - 20:38 | 954702 Weimar Ben Bernanke
Weimar Ben Bernanke's picture

This will not pass. Even though I dont trust the Tea Party, they will vote this down in the House.

Fri, 02/11/2011 - 21:03 | 954763 Pure Evil
Pure Evil's picture

Yeah, that's why the patriot act extension is getting ready to pass in the hallowed halls of congress, tea party gang bangers and all.

(Sorry for the use of PrisonPlanet)

Fri, 02/11/2011 - 21:22 | 954821 Arkadaba
Arkadaba's picture

Read that almost 75% of tea partiers supported it.  I know Denniger isn't that popular on this site cuz of views on gold, but sometimes he just gets it:

Fri, 02/11/2011 - 23:22 | 955051 TBT or not TBT
TBT or not TBT's picture

If it does pass, none of the enormous quantity of large magazines will go away as a result.   It will cause americans to buy more magasines, legal ones to complement the illegal ones they've hidden.

Fri, 02/11/2011 - 20:50 | 954738 StarvingLion
StarvingLion's picture

That stuff is only good for children.  Look, if you're not lobbing grenades with the new equipment out you're nobody.

Fri, 02/11/2011 - 20:54 | 954748 SDRII
SDRII's picture

The unrest and killings in sudan are more interesting from the standpoint of a proxy us china matchup.

Fri, 02/11/2011 - 20:56 | 954754 StarvingLion
StarvingLion's picture

Harry Wanger is looking up the stock symbols for Private Prisons as we type.  Chit, I predict better returns than AAPL.

Fri, 02/11/2011 - 21:03 | 954766 StarvingLion
StarvingLion's picture

Algeria needs to invite Denninger to their fine dictatorship ruled shithole. 

"You people need the rule of law law...please go to university and take up law like we have done in the west"

Fri, 02/11/2011 - 21:14 | 954795 OMG
OMG's picture

forgot to add gold is a relic and here have some paper & ink and BTFD

Sat, 02/12/2011 - 07:01 | 955464 AnAnonymous
AnAnonymous's picture

"You people need the rule of law law...please go to university and take up law like we have done in the west"


US citizens have troubles with self-perception.

If those people were to mimick the West, they would not need the rule of law as it is propagated but its real form, that is application of laws where they are favourable and rejection of laws when they are not favourable.

This guy is probably unable of factoring in that expropriation of Indians and land grabbing were deemed illegal, nevertheless, performed.

And yes, those people will never get the rule of law, the real one, the one that allows increased prosperity.

Fri, 02/11/2011 - 21:02 | 954767 Rahm
Rahm's picture

Why isn't Mexico on anyone's list?  They're as much of a failed state as anyone.

Fri, 02/11/2011 - 21:18 | 954803 StarvingLion
StarvingLion's picture

Okay, thats it, I'm starting up a list of nation states that are *NOT* completely FUCKED UP.

1) Israel

...hmmm...let me think now...uh how bout ...nope they are completely owned...damn...I can't think of any other nation at all.

I wonder why that is?

Fri, 02/11/2011 - 23:45 | 955094 Terminus C
Terminus C's picture

Mongolia Bitchez!  Goat herding abject poverty ftw!

Fri, 02/11/2011 - 22:41 | 954971 johngaltfla
johngaltfla's picture

Actually it's 25,000 police called up. I called this into Glenn Beck yesterday and he freaked out. On my podcast the other night I reminded everyone about the influence of Euro-Socialism and the Chinese on destabilizing Western dictatorships in the MENA region. Kuwait is one of the big ones to watch also. Riots broke out in Djibouti also where just over 1200 US Marines are stationed. Mauritania has an Al-Queda problem (AQIM) which has now put a bounty on their President's head. Yemen is about to splinter into North and South again, the war between the Republic of South Sudan has heated up without the ChiComs picking a side yet, and nobody (other than me) has been covering the conflict between Thailand and Cambodia where Russia and India are rumored to have helped stir it up.

Other than that the world is stable as all freaking hell. Buy more SPY calls boys and girls because Ben has your back.

Fri, 02/11/2011 - 23:18 | 955043 Azwethinkweiz
Azwethinkweiz's picture

A. President Hosni Mubarak.

B. Egypt's Defense Minister Mohamed Hussein Tantawi

Is there anyone prominent in the ME with Obama in their name? I'm trying to start my own Trends Forecasting business.

Fri, 02/11/2011 - 23:29 | 955071 bmwm395
bmwm395's picture

Not prominent, but their is one living in a hut in Indonesia.


Sat, 02/12/2011 - 00:13 | 955129 Moe Howard
Moe Howard's picture

Why are all these Arab dating adverts popping up on the borders of the page? Beeezaaarrrr!

Sat, 02/12/2011 - 00:23 | 955140 Oh regional Indian
Oh regional Indian's picture

The one to watch, which will be th espark for Saudi will be Syria. Assad is not looking good.

The other fascinating trend to watch is how, one after the other, two major Euro Politicos (Camerona nd Snarkozy) have said in recent weeks that Multi-Culturalism has failed. Read Islam mixed up with us has failed. Read, Muslims in Europe, get angry.

Cue Burkha bans and you ratchet it up one more. Throw in another cartoon about Pr. Mohommad and you've  got fuel.

The spark will jump from North Africa into Europe via Spain.

Seems closer than ever. Crazy times.


Sat, 02/12/2011 - 00:41 | 955165 digalert
digalert's picture

"a three-week-old umbrella group" ?

Is this kinda like a Soro's funded group?

Sat, 02/12/2011 - 01:21 | 955226 snowball777
snowball777's picture

Turn off GB and grow a brain.

Sat, 02/12/2011 - 02:39 | 955329 Oh regional Indian
Oh regional Indian's picture

Why Snow, I think he is on the right trail.

The mix of words is teling. All the medicine the protestors need are right in there. Bitter pills all.




Only one missing is Hopitistoxicavinol.

Toxic soup and a brewmaster clearly shows his/her hand.


Sat, 02/12/2011 - 13:55 | 955855 snowball777
snowball777's picture

That happens a lot to people who would rather follow the crumbs dropped by others than bake their own.

TV is a stronger hypnotic than anything on that list...stare at one for awhile, then close your eyes; you'll see this.

I'm just trying to get at the 'root' of his problem...



Sat, 02/12/2011 - 03:13 | 955358 ebworthen
ebworthen's picture

When does this come around to the U.S.A. to get back at the banksters and kleptoligarchy?

Sat, 02/12/2011 - 06:24 | 955451 ivars
ivars's picture

After events in Tunisia and Egypt, caused by 2008 Great recession crisis, and the ones that will follow, do You not see that the probability of a popular uprising in the USA against both Republican and Democratic elites , crony capitalism has increased? The model of informed youth and middle class popular uprising is so obvious for anyone to miss.

The immediate impulse will be economy, of course. The USA economy is over-leveraged to the supreme degree, and it can not continue to withstand external shocks that , of course will continue to come. Increasing USD value because of instability plus increasing oil prices due to instability in oil producing regions. The elites of the USA will not be able to stabilize it by printing more money, because the 2 above factors combined invalidate both export potential and increase trade deficit, eating GDP away.

Who will most likely lead such an uprising, or rather, be a figurehead since such uprisings do not need to be controlled by leaders, as we have seen? Sarah Palin, from where I sit. She has the fighting spirit.  The common enemy will be the FED and Wall Street, and government in general. But, and again just look around, not the army and military. Not in increasingly volatile world.

It reads like an open book. The only thing missing is economy tanking, double dip, and Fiscal deficits and FED presses will see that it comes very soon, as well that inflation and instability is exported to the furthest places of American interests on this planet.

From then on, I see no problems for  third party take over of Congress, Senate and Presidency.

Which is just in time for 2012 elections.

Sat, 02/12/2011 - 07:09 | 955467 Atoyota
Atoyota's picture

Interesting link (twitter feed) from Blogsofwar.

Similar (but better) than the Google RT twitter link I discovered here a couple weeks ago.

Sat, 02/12/2011 - 09:19 | 955531 primefool
primefool's picture

While I got a lump in my throat , like many, watching the childlike delight and celebrations in Egypt - it was not because I was touched - it was because we have seen too many scenes like this in the recent past.

Does anyone recall the jubilation after Saddam Hussein's statue was brought down? The People celebrating like they had been granted a free lifetime membership to , umm Club Med? . The sheer giddy ( again Childlike) joy. It is the joy of folks unaccustomed to running their own affairs. It is an adolescent joy. Us old guys do get a lump at the innocence of it all -

Sat, 02/12/2011 - 09:24 | 955536 primefool
primefool's picture

Tom Freidman clearly got a lump as well - on the ground in Egypt. Every reportrer on Al Jazz was " at a loss for words" at the magnificence of it all.

Has ANYTHING in human history ever corroborated this idealistic, adolecent, joy as leading to some kind of long term utopia? I fear that people who erupt with such emotions are quite liable to experience a sugar-high let down in short order. Do they have the spine/gut , the ability to do difficuly things for a sustained period of time? What do adolescents do after the sugar high wears off? Throw a tantrum.

Sat, 02/12/2011 - 09:27 | 955539 primefool
primefool's picture

However , as a former teenager myself, I suspect the celebrations of Feb 12 , 2011 - will see a "suprising" increase in births recorded - oh about 9mos from now. So - hey - its not so bad.

Sat, 02/12/2011 - 10:34 | 955585 Brokenarrow
Brokenarrow's picture

I ve been reading this site for a year.

there were always smart informed people reading and posting


now there is alot of strife among posters. peope are frustrated and angry that their thesis have not worked out or lost money.


we are all in a game of playing at the rigged casino. the "smart guys" held their nose and took the plunge. I fucking hate them and their whore accomplises. I read a novel about the gold rush in Alaska where they commonly had whore houses and crooked casinos. Miners came and gambled at the crooked casinos knowing they were crooked to get the action.


There are alot of miners on this site. Im personally tired of losing money to the Fed swindle.


Yep, Im fucking angry and pissed off. I dont mind losing fair and square. I hate being cheated.

Sat, 02/12/2011 - 15:08 | 955964 JW n FL
JW n FL's picture

by Brokenarrow
on Sat, 02/12/2011 - 09:34

"Yep, Im fucking angry and pissed off. I dont mind losing fair and square. I hate being cheated."


Every time Ben touches the Print Button...

your savings account is robbed... Ben likes to touch himself...


As for the up, Up and Away! Market... no worries everything that goes up, must come down.


You can either play with the FED to make more dollars, hedge you winnings in PM's (I like Silver, but whatever makes you happy)... the basic rule is, "Don't Fight the FED!" becuase you will lose... and why lose when you can win and stack up shinny metal that can NOT! be printed away?


Hang in there, you are not alone... play to win... win to save (in a real store of money and ammo, LOTS of Ammo) and be happy in knowing that you are like a boyscout... Prepared.

Sat, 02/12/2011 - 13:41 | 955833 boeing747
boeing747's picture

From surface it looks like Eqypt revolt is about inflation and corruption but underneath surface is about rescuing Dollar and influencing Iranian so they can uprise against the regime. The West knew Iran may be 12 months away from a bomb test. Next storm will move close to doorstep of Iran.

Sat, 02/12/2011 - 14:38 | 955911 themacronavigator
themacronavigator's picture

algeria next? pakistan is probably the worst if up next. india might see its share, too!

Do NOT follow this link or you will be banned from the site!