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Collapse In The Wake Of The Fed's Wall Street Bubble
All the favorite topics: inflation, dollar, housing, rates, gold, currency manipulation (official not conspiratorial), globalization, propaganda, net wealth (destruction), Cap and Trade (and thus Goldman Sachs), birth/death model adjustment to (un)employment and much more.
A Bob Chapman original from Global Research
hat tip Gilgamesh
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Tyler. you're not a closet Infowars.com aficionado are you?
Bob Chapman??? ('un-official' business reporter for Alex Jones radio program)
http://theinternationalforecaster.com/
(not that there's anything wrong with that - it is actually scary how accurate Alex Jones and the fringe conspiracy crowd are)
maybe
.
Bah, what do consumers know? It's not like they matter to the US economy.. I really do despise rejecting an idea because of who or what it came from.
Serenity now, insanity later.
For those that do not believe in a conspiracy while your country collapses around you, listen to the words of Thomas Jefferson, "If the American people ever allow private banks
to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." What part of that statement do you not understand?
Please open your mind, ears, and eyes - you probably think history unfolded as a random sequence of events, don't you? Every war, conquest, assasination, expansion, and double cross was planned in advance by "conspirators", and those on the outside evaluating planned events can be labeled conspiracy theorists (a good thing) until they are conspiracy facts.
The irony is that people that laugh at the concept of conspiracies are the sheeple, and the elites laugh at you. Let's go back a long ways to F.D.R., we've only become more sophisticated in the last 60 years, but he said "In politics, nothing happens by accident. If it happens, you can bet it was planned that way."
But don't believe me, let's look at some of the quotes of the conspirators or observors and for those that still question please refute these quotes:
"We shall have world government whether or not you like it, by conquest or consent." Statement by Council on Foreign Relations (CFR) member James Warburg to The Senate Foreign Relations Committee on February 17th, 1950
"Today, America would be outraged if U.N. troops entered Los Angeles to restore order [referring to the 1991 LA Riot]. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or *promulgated*, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this *scenario*, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government." Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991 = Swine Flu & Terrorism
"The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and Communism under the same tent, all under their control.... Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent." Congressman Larry P. McDonald, 1976, killed in the Korean Airlines 747 that was shot down by the Soviets
"We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national autodetermination practiced in past centuries." David Rockefeller, founder of the Trilateral Commission, in an address to a meeting of The Trilateral Commission, in June, 1991.
"No one will enter the New World Order unless he or she will make a pledge to worship Lucifer. No one will enter the New Age unless he will take a Luciferian Initiation." David Spangler, Director of Planetary Initiative, United Nations = high level Masonry (occult)
"We are not going to achieve a new world order without paying for it in blood as well as in words and money." Arthur Schlesinger, Jr., in Foreign Affairs (July/August 1995)
"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding, and powder interest, and their subsidiary organizations, got together 12 men high up in the newspaper world and employed them to select the most influential newspapers in the United States and sufficient number of them to control generally the policy of the daily press....They found it was only necessary to purchase the control of 25 of the greatest papers.
That comment is NOT by Thomas Jefferson.
Those quotes are all FAKE.
http://wiki.monticello.org/mediawiki/index.php/Private_Banks_(Quotation)
And Catherine Austin Fitts is completely full of it as well, I suppose.
Great article on market oracle outlining the new world banking order:
http://www.marketoracle.co.uk/Article12740.html
The quote is attributed to Jefferson despite your wiki article questioning it (there were many anti-banking quotes to choose from so you could select another if you wanted to), but if you prefer another how about this American President, Andrew Jackson - "You're a den of vipers. I intend to route you out and by eternal God I will route you out.”
Apparently to you, All quotes are fake? That doesn't seem logical and I can only conclude you have an agenda.
sorry it's not you it's esteemed contributor/poster Gilgamesh (one needs to be wary of tips from wayward Sumerologists)
I actually didn't know the connection between the author and Infowars/Alex Jones until I scroogled him - after emailing this article. I felt I should send a follow-up email with that qualifier, but I see it was already posted here and commented on. Stumbled across the article while checking out that Globalresearch site; like what I see so far and going to look at some of those YouTube that searching Chapman produced.
the connection is odd as Jones is far into conspiracy land - but as I said it is scary how these "conspiracy" types are in fact proving to be closer to reality (certainly when compared to main stream) also note that Jones has a regular feature with Ron Paul each month and was an early supporter of HR1207
I guess Jones' Obama movie has something like 20 zillion views
http://video.google.com/videoplay?docid=7535755025025800195
And we should always remember the story of Uruk-Ugina as a lasting tribute to freedom. The first mention of the word "freedom" ("Return to Mother") is found on Sumerian tablets. See Samuel Noah Kramer, _The Sumerians_.
Amun-Ra/Amon/Amoun/Amen to that.
of course he is. anyone with half a brain for this stuff and is interested in speculation, forward-thinking, patterns, etc...would eventually run into Alex Jones material and be intrigued a bit
And note that the economic situation hasn't even BEGUN to be politicized. We'll need a LOT more middle class unemployment before that happens. The problem is that between the Republicrats and the Demopublicans, the mainstream has lost the thread and no longer has any solutions. That paves the way for one of the shadow governments lurking out there.
By the way I had to deal with some of those shadow governments in writing my book, The Eminent Domain Revolt. Quite a creepy crew they were. They made Sarah Palin look like Madame Curie.
And don't count Sarah out either! slut stewardess look, purple toenails and all! As the song says, "Barracuda!"
Angry Mobs are already calling for her ascension to Presidency.
Just sayin'.
I agree...
sincerely,
Angry Mob
"I had to deal with some of those shadow governments in writing my book, The Eminent Domain Revolt. Quite a creepy crew they were."
I'm very interested to hear more about this -- could you provide more detail?
Hey Tyler,
When are you going to stop allowing "Anonymous" posters? It really waters down all of the comment sections. If people are too lazy to create a name (which can be anything and will still preserve their anonymity) - then they don't belong here.
I agree.
LOL
Me too.
actually we will be addressing anonymous posting shortly. zero hedge is all for fostering sophisticated conversation.
Good to know. The "ANON" thing is totally out of hand.
from the Manifesto link above
"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."
Um... you don't have to type in your real name ... dork.
then how IE is better than Anon you dorkie?
if you were the only one using Anonymous then there would be none. But you are not and this makes it difficult to follow a discussion.
What an absurd response!
You can still be anonymous if you just create a name. I'm not saying to use YOUR OWN name.
When you have 100's (maybe more) of people all posting with the same moniker (ANONYMOUS), it really dillutes the content here. Just create a name (ANY NAME). Is it really so much to ask?
i am actually annoyed by same characters with crafty names posting idiotic comments in any and every posting.
If the General Theory of Relativity was published under the name anonymous rather than Einstein, would that have detracted from the quality of the work?
anonymity in no way dilutes the content....the
content is content is content regardless of what
silly anonymous moniker is attached to it....
You cannot deny that some anons have posted sophisticated thoughts on your site. They are very much in the minority, but I hope you keep them in mind as you craft your solution.
But..how will CNBC respond?
It's still just anonymous with a different cartoon
character but it does help when reading posts...
Ok I'm anonymously not so anonymous now you convinced me.
So if I were to create a 1STTURNING handle then we'd essentially be one in the same?
Elitist!
you idiot, you can not defend anonimity for ZH in front of CNBC and then ask people to create accounts
you must be very confused by the difference between an account and a name. here, let me explain. you can create an account called Anonymous and it will be perfectly ok. Then again one of the other 5,000+ registered users on zero hedge may have already taken that.
DOH! I wish I would have thought of that, is it too late to change my name to anonymous?
he said there 5K users with that name already, do not you ever finish reading sentences?
really? cuz I read "1 of the 5000 registered users MAY have taken it", guess I should read that again, thanks for the advice...
thanks i already knew it beleive it or not. Not gonna bother creating an account and logging into it. You can restrict posting to registered users only and get your lovely "Cheeky bastard" and all the others registered posting in your every post.
equitable tradeoff
seriously,lol
What are you bidding for my handle?
anon_0001 through _5000 then.
I have a name, I'm just too lazy to log in.
yep - complete pain in the back end....
Obviously I agree.
We are not Anony. We are Dennis Kneale. Resistance is fultile!
Just a thought . . . perhaps if the good ol' USA didn't outsource it's tax base as extensively as it has, perhaps, just perhaps, it would not have to rely so heavily upon foreign underwriting of debt. Color me silly.
I don't know why someone flagged your comment as junk. It is a valid perspective, in my opinion.
Anonymous for President!
"Socialized Medicine" - haha you yanks never got over McCarthy did you...
Everything else in this is good, but that just shows that the constant barrage of lies from the Health Care Insurance companies is dangerously close to working. Spot on about McCarthy... seems to me he clearly marked the path to get the fearful and uneducated to fall in line with whatever fake agenda one might have...
Everything else in this is good, but that just shows that the constant barrage of lies from the Health Care Insurance companies is dangerously close to working. Spot on about McCarthy... seems to me he clearly marked the path to get the fearful and uneducated to fall in line with whatever fake agenda one might have...
Why are interest rates on govt bonds so low in Japan and USA even if their governments are manipulating their monetary base?
Ok this one lost me at the "elites" trying to install a "world government." I think stupidity and greed are better frameworks to analyze the oligarchy than coordinated conspiracy.
Not a fan of thisun.
Although I agree that human incompetence sounds more realistic to me than elites trying to form a world government, I can see this downgrading of the US dollar values as a purposeful attempt to resolve the enormous US debt.
When you can't believe the highest level of organization in someone's thinking, you have to wonder about the validity of the rest.
That's what "they" want you to think.
LOL! +10 yes, that they do...
events do not happen by accident....you also fail
to understand elitist mindsets....read
elias norbert - power & civility and court society
to understand that conspiracies must exist....
i am drawing inferences from his works - he
doesn't even remotely cover the topic of
conspiracy....and if that reading is too hefty a
simple contemplation of simpler power structures
such high school clubs, home owners associations,
machiavelli should provide ample evidence that
conspiracies must and do exist....stupidity and
greed can only be applied at a meaningful level
through conspiracy....
world government has been in the works for millenia
and has accelerated to a perfervid pitch in this
century....the current crises are intended to
precipitate the final solution.....
stupidity and greed do not begin to explain the
events driving politics...stupidity and greed
occur when plans
run amok and certain players fail in their
assigned tasks - it in turn
provides a basis for plausible deniability by the
conspiracy-deniers....
it is the ultimate in self delusion and smug
self congratulations to dismiss conspiracy as a
motivator of events....it is patently absurd on the
face of it...
no offence intended to anyone but the fear of
conspiracy analysis is irrational....
You are right.
A border of matronly ladies each wearing a black hooded robe and about to back-stab the lady in front, surrounded the minutes of our Home Schooling meetings.
Bob Chapman ? I would do a leetle background check on your friend Tyler.
I didn't know the connection before I sent it, and don't want it to take away from ZH if it will. I'd be good with taking it down if that's how it's perceived.
Seriously, Tyler, stay away from the Alex Jones Bilderberger conspiracy rants. It's so non-productive. Just a suggestion.
and yet...if you actually educated yourself on the bilderberger stuff for over 3 years now, you could have made a KILLING
http://canadafreepress.com/index.php/article/10854
1st, they called the oil bubble before it happended...and they said it would all be taken down
now back in early May 2009 (starting on month 3 of this unreal rally), the agenda was leaked that "they", the elite, would run up the stock market on the back of the stress tests and convince everyone to get back in the market
fast foward to August 14, 2009, 4 months later...have they not done it?????????everyone is convinced its a new bull market except for a BEARISH blogs and mouthpieces out there. The market goes up on good news, it goes up on BAD news like today.
All I can say is get ready for a crash sheeple. it will happen eventually and you can try and time it or you can prepare and raise cash because when they unload and want you to feel the pain, it will be Sept 2008 all over again
I didnt know Alex Jones had so many websites...
thats not his website dude. its the canda free press link. a reporter there and AMerican Free Press and this danny estulin guy from Spain are the only reputable people tracking them thru the years with their inside contacts
Do the omnipotent people at Build-A-Burger know that they've got a leak in the organization?
Do they know about Colonel Sanders' connection to the Pentaverate?
Educate yourself on the obscured truth here:
http://www.youtube.com/watch?v=TPMS6tGOACo
Marla to the rescue of this tainted post with a rushed launch of RZ beta
There was not one sentence in that piece that I had not read 100 times in the last 60 days.
World govt thru the WTO and those darn Bilderbergers. Is the Illuminati in on this too? Bob Chapman has had some amazing insights over the last 2 years (really, I've read the Intl Forecaster in the past) but he does wrap up his ideas into highly organized, uh, conspiracy theories. When you can't believe the highest level of organization in someone's thinking, you have to wonder about the validity of the rest.
Everything **is** a conspiracy. The alien lizard people have taken over the gubbermint. Be afraid.
Just because I'm a paranoid delusional, does not mean the lizard people government is not out to get me.... and harvest my organs... for unknown biological experiments.... to create the next generation of smarter, better, faster, stronger human slaves...I'm just sayin'...have you met a senator in person... they are really not very human....
OMG Tyler is quoting Chappie!!
Don't forget to ask David Icke for his lizard people update.
I'm so old, I remember watching David Icke when he was just a regular old sportscaster and 'personality' on 'Question of Sport'.
You mean they predicted Gordon Gekko?
August 10th- August 14th
The week that China and REITs rolled over? They are tracking each other very nicely this week.
Is Nick Guarino part of the team now?
Ooh Ooh Can he be Bob Paulson?
Just because I've had too many beers does not mean they aren't out to get me
Over the last 10 days or so, Zero Hedge has really started to diverge from what first drew me here. Posting Alex Jones associated conspiracy bullshit is further proof. You're walking way out there on the edge TD. Best come back before you start losing a ton of credibility.
Oh please. Ever since Yves posted her little tirade, people are getting so serious about about the purity of the posts. Post away, and I will use my brain to discern based on the evidence. You want to be led. I want input and I will lead myself. There is something wrong in Denmark. Love this site because I get stuff in almost realtime without if fucking up my IE. Keep it coming. I am a big boy. I will decide what has merit. I don't care who my frown upon it.
+100
amen and amen!!!
Count me in...
+1,000
Zero Hedge really does not care for the ideology of presented ideas which should stand on their own crystalized merit if they provide a reason to consider the argument, despite some formative stereotype you (or anyone else) may have of the original author. It would be so much more useful if people abstained from framing every argument in the terms of an authoritative cliche. Of course, when a Cliff Asness post draws 450 comments all of which merely attack each other, and not the core argument, not much more can be expected, which is a) sad and b) why we will be soon changing the comment system on Zero Hedge. It is just unfortunate that most people view the world in a very tight frame of preconceptions. However this is not the time nor the place for an epistemological discussion.
Alternatively, maybe this is as good a filtration mechanism as any...
Amusingly, not one commenter here has actually refuted the ideas presented in this piece. And, for my own part I have never read this man's work before, nor do I care to be familiar with whatever conspiracy circles he may be associated with. If he brings an argument to the table, it should be heard.
Lastly, if in the process of bringing out pure opinions (be they right, wrong, conspiratorial, naive, leftist, rightist, or whetever else other cliche you care to attach to them), we lose readers, so be it. And while many have threatened to do so, daily readership increases by about 5% on a WoW basis with no end in sight.
It is a free world, dear readers, and nothing binds you to zero hedge.
Two, one, two, three, four
Ev'rybody's talking about
Bagism, Shagism, Dragism, Madism,
Ragism, Tagism
This-ism, That-ism, is-m, is-m, is-m
All we are saying is give piece a chance,
All we are saying is give piece a chance
C'mon
Ev'rybody's talking about ministers,
Sinister, Banisters
And canisters, Bishops, Fishops,
Rabbis, and Pop eyes, Bye, bye, bye byes
All we are saying is give peace a chance,
All we are saying is give peace a chance
Let me tell you now
Revoluton, evolution, masturbation,
Flagellation, regulation, integrations,
Meditations, United Nations,
Congratulations
Ev'rybody's talking about
John and Yoko, Timmy Leary, Rosemary,
Tommy Smothers, Bobby Dylan,
Tommy Copper,
Derek Taylor, Norman Mailer,
Allen Ginsberg, Hare Krishna,
Hare
Krishna
I went back and read my initial post, before I was, regrettably, drawn into the health care melee, and I felt it was on par with Asness, why flag people when it's the gov't that needs the flagging... Anyway, just a follow up if anyone cares, my phone calls were finally returned and Cali is going to back pay me for the 2 of the 3 months.... *ppppt* deal...
But otherwise I felt most of the time I was merely defending my position on the whole thing, was it out of line?
I don't know if this will ever be read, so deep in the comment section, but here goes:
Tyler, I agree it is the message, not the messenger which needs to be examined. The man on the street who carries the sign "The Stock Market Will Crash," may be correct. That his claim is backed by his belief in little green men from another planet wishing mankind harm, does, in fact, detract from his message. Why? Because he has no facts, no proof at all.
Chapman believes that our fate is sealed, our lives directed by an elitist group bent on world domination. Why bother fighting such a cabal, if we're all doomed anyway? His message is flawed.
I may not agree with many analysts opinions you post, but at least they give SOME kind of REAL world reasoning for what they write.
Reality is just to weird to paint any conspiracy as wacko. Le't see what is floating out, look at the ideas and deal with them. I really do despise rejecting an idea because of who or what it came from.
For what purpose does the Bilderberg group meet if not to craft an agenda that suits the goals of its attendees?
Do the attendees not come from circles that share similar interests?
It is clear that the people who attend these conferences are actually in positions to have this agenda promulgated through official channels, at least, in part.
Or, is this an annual coffee clutch where conversation is limited to weather and polo ponies?
you better educate yourself on bilderberg quickly before its too late...that's all I can say
J.A.F.O.
chapmAn is a fraud, a crook, a scum, a gadfly, a kook. He fled the US years ago to escape investor lawsuits. Erase the post for credibilty's sake
I also heard Martin Armstrong would flee the US if he could. How is his credibility rating?
Terrible.
Bob Chapman’s questionable involvement with Silverado
http://www.silver4india.com/silver4india/modules/news/article.php?storyid=91
More shark broaching spotted at ZH than off the coast of South Africa.
Peer pressure; peer pressure!
Are you 10 seriously?
If you are not willing to view angles and interpretations, how are ever going to truly discern truth?
Idiot!
By the way I had to deal with some of those shadow governments in writing my book, The Eminent Domain Revolt. Quite a creepy crew they were. They made Sarah Palin look like Madame Curie.
And they implanted something in my head that makes me repeat myself. And they implanted something in my head that makes me repeat myself.
Have a nice day Trillon dont let the door hit your ass on the way out. If anybody has anything specific besides Lizards then lets see the FACTS. Keep up light ups Tyler!
I am a Detroit native who believes that my once-prosperous, once-proud home city was deliberately destroyed by government policy.
It has been the policy of the U.S. government to move manufacturing to Asia. How that policy decision was made, I do not know. How it benefits Americans, I do not know.
I do know that the federal government has not done anything to save manufacturing in Detroit, and in the rest of the U.S. I would like to know why.
I say Mr. Chapman's views deserve a fair hearing.
Pardon the naive question, but is most of Detroit safe, and just a few bad areas, or is it otherwise?
The way it is portrayed in the media makes one envision MAd MAx. BTW I am out of country and it is a serious question.
It is sad to see what happenned there. Detroit is a proxy for the entire US and where its headed. A great levelling is taking place throughout the world and the US is being hit among the hardest.
Thanks.
Most parts of the Detroit metro area are fairly safe. But Detroit area real estate is plummeting towards zero value, and unemployment is about 15%.
For years, Detroit people hoped that their city might turn around somehow. Now the hope is gone.
The city once had a very bright and energetic workforce. But the brightest and best long ago scattered to the four winds. There is no way that present-day Detroit can compete with China and Korea. If the Detroit population of the 1950's could somehow be brought back, they could probably compete against those countries and win.
Shadow Stats puts Michigan unemployment at 35%.
Why SHOULD the government do anything to save Detroit? Why should it impede companies from making rational decisions to use dirt-cheap labor instead of obscenely overpriced labor?
on a long enough timeline Zero Hedge won't exist.
But if you like Chapman may I suggest Bob Hoye, Institutional Advisors.com. Excellent analysis sans the fraud accusations.
Agreed on Hoye. He's solid.
Tyler dont let extremist/weird views muddle factual and delusional business reporting. Check the Author out for weirdness before publishing...now if we could only have a weirdness scanner.
You made be being played here be careful. I think you should meet John Younger from cryptome.org...he lives in NY too I believe.
John P
The Economist.
You're an economist? And discussing weird views? Did you call the bubble bursting correctly? Didn't think so. I vote economists off the island.
Tyler's point exactly. Reality is just to weird to paint any conspiracy as wacko. Le't see what is floating out, look at the ideas and deal with them. I really do despise rejecting an idea because of who or what it came from.
Bob Hoye
Institutional Advisors
Aug 12, 2009
In the things that go "bump in the night" department, on Friday, Bank of Scotland shares plunged some 12 percent. This melancholy event followed an equivalent hit on Thursday when Toronto's Manulife cut its dividend in half.
The point worth discussing again is that the discovery of great financial problems is not sequential in that one failure leads to another. Sadly, interventionist economics is founded upon the notion that if one bank gets into difficulty the "lender of last resort" will move to "contain" the damage and prevent it from spreading.
This is the episodic interpretation of financial history. As the history of markets has indelibly recorded – the financial world is periodic – all banks become ambitious during a mania and all, more or less, suffer the same pressures on the consequent contraction. Some survive, others suffer insolvency, and others succumb to default.
On schedule, global credit markets took their turn to disaster in May-June 2007 and the contraction is tracking the usual path to another phase of severe liquidity problems. Equivalent to a major seismic event it will be felt around the world.
There were no specific news items about plunges in bank stocks in Shanghai or Tokyo, but the former recorded its worst weekly drop since February.
Going the other way, at important lows the transition from bad to good has been global. The 1973 to 1974 bear market was the worst since the 1930s and it bottomed in a few trading days in December when London, New York and Tokyo media each provided a local explanation of the turn. But, the reversal was global.
Last week clocked some shocks that could be in line with our expectations that the next phase of credit problems would start to appear after mid-year.
There has been little change in the yield curve, which continues choppy, or in corporate spreads, which continue to narrow. Of some concern is that the high-yield bond (CYE) is in a pattern that leads to failure. The action on the upside has been remarkable – as should the downside when it rolls over.
However, the Baltic Dry Rate (BDI) at 2772 on Friday took out support at 3000, which sets the downtrend. The rebound high was 4291 on June 3. The record high was 11771 on June 21, 2008 and its failure by the end of that month, along with the change in the credit markets provided the big warning on last year's disasters. At a number of important highs the failure of the BDI indicated or confirmed the advent of troubles.
Another indicator would be the dollar index turning up. It has been universally trashed down to an extreme low sentiment reading of 3 percent bulls. There has been some improvement from 77.5 on Wednesday to 79 today.
Heads up for developing change in credit markets.
Aug 10, 2009
-Bob Hoye
Institutional Advisors
found on 321gold.com
good stuff, this man has......
http://www.alexa.com/siteinfo/zerohedge.com
not bad, and eventually you will beat out the top 50 porn sites, I hope
Soon. Already getting some of the "around 13", "Melissa Francis", and "total mess" search traffic.
http://www.alexa.com/siteinfo/zerohedge.com#keywords
This guy is clearly a nut.
Oh well...here we go again...YACT (Yet Another Conspiracy Theory.
Burp...
Tyler,
OK, lets talk about the merits of the arguement. At the core of his arguements, Bob Chapman alleges an organized conspiracy (not just the regulatory capture by the oligarchs). Where is the evidence for an organized conspiracy?
look around you
A conspiracy by defintion is "An agreement to perform together an illegal, wrongful, or subversive act"
What would you call the existing arrangment between the government and finanical world? The government is looking the other way while the banks are allowed to earn their way out of this mess.
Smells like a conspiracy to me!
It was all very interesting until the CFR paranoia came out.
I strongly encourage you to do some research. A staggering percentage of past and present top level government officials belong to this organization. Go read some of their white papers. A lot of CFR agenda has manifested out of our government. Look up Trilateral Commission, Bilderburg Group, and PNAC just to start. Better yet, look up Operation Northwoods along with the U.S.S. Liberty. This should get you thinking about a great many things.
So to think groups of highly educated, wealthy, and connected people stopped colluding back before the invention of the microchip is to be naive at best. The act to conspire with the goal to consolidate power and wealth is alive and well and has been since the Paleolithic era. Now it is now much more sophisticated, perfected to such an art that even when exposed we do nothing.
There is no ideal moment than right now for everyone to challenge their programming. We are not in need of bailouts, tax relief, or a gold standard. What we need is a new paradigm. A more positive and truthful operating system to download (into the consciences of humanity). This cannot happen until a vast majority of people wake up and see the grandest of lies. One thing is for certain…It’s time to reboot.
good article. I can't really disagree much with his conclusions.
The conspiracy of optimism continues.....
The Conspiratists contend X,Y,and Z.
The Mainstream says "You are wrong about X,Y,and Z. And you are nuts besides."
The Conspiratists turn out to be correct about X,Y,and Z.
The Mainstream says "Granted, but you are still nuts."
What is wrong with this picture?
inside the matrix nothing. perfectly reasonable.
The birth-death model is connected to the establishment survey which gives us job gains/losses. The unemployment rate is extracted from the household survey. Chapman incorrectly applies the BD model to the unemployment rate to mistakenly assume 20.8% adjusted U6 reading. U6 may actually be the high, but only based on higher workforce participation rates, not from birth-death assumptions.
I don't agree with his one world government assertions, but those who believe ferret out important information that can be applied elsewhere and to different theories.
Bob Chapman? TD are you going Alex Jones on us? LOL, just kidding, Chapman does good stuff and when AJ has Gerald Celente on I always listen. Matter of fact Celente had one of his "predictive" pieces on there yesterday. He thinks the swine flu vaccinations will cause roits that finally push the public over the edge. Possible? Sure. His predictions are vrey accurate.
One wonders whether the first crash did not create enough shock so they are now going for a second one much larger and out of the blue (while everyone thought it was going upwards...).
After all such a behaviour would be consistent with shock doctrine.
I guess Jones' Obama movie has something like 20 zillion views
http://video.google.com/videoplay?docid=7535755025025800195
--zero hedge is all for fostering sophisticated conversation--
That's one of the funniest things I've read in some time.