Congressman Watt Guts Bill to Audit the Fed
Ron Paul tells Bloomberg that Congressman Watt has just more or less killed the bill to audit the fed:
Representative Ron Paul, the Texas Republican who has called for an end to the Federal Reserve, said legislation he introduced to audit monetary policy has been “gutted” while moving toward a possible vote in the Democratic-controlled House.
The bill, with 308 co-sponsors, has been stripped of provisions that would remove Fed exemptions from audits of transactions with foreign central banks, monetary policy deliberations, transactions made under the direction of the Federal Open Market Committee and communications between the Board, the reserve banks and staff, Paul said today.
“There’s nothing left, it’s been gutted,” he said in a telephone interview. “This is not a partisan issue. People all over the country want to know what the Fed is up to, and this legislation was supposed to help them do that.”..
Paul, a member of the House Financial Services Committee, said Mel Watt, a Democrat from North Carolina, has eliminated “just about everything” while preparing the legislation for formal consideration. Watt is chairman of the panel’s domestic monetary policy and technology subcommittee.
Contact Congressman Watt and tell him what you think.
(6 votes)
on Sat, 10/31/2009 - 16:51
#116242
Time to contact watt.What is it about NC?Kay Hagan and now this?
Time for actual candidates.
on Sun, 11/01/2009 - 11:17
#116604
Who is the puppet master? Rep Mel Watt is probably doing this at the behest of Nancy Pelosi or someone at the White House.
on Sun, 11/01/2009 - 12:57
#116657
The thirteen Democrats on the House Financial Services Committee mentioned by Dr. Paul are:
Rep. John Adler, NJ (202) 225-4765
Rep. Travis Childers, MS (202) 225-4306
Rep. Steve Driehaus, OH (202) 225-2216
Rep. Alan Grayson, FL (202) 225-2176
Rep. Rubén Hinojosa, TX (202) 225-2531
Rep. Suzanne Kosmas, FL Toll Free: 1-877-956-7627
Rep. Dan Maffei, NY (202) 225-3701
Rep. Brad Miller, NC (202) 225-3032
Rep. Walt Minnick, ID (202) 225-6611
Rep. Ed Perlmutter, CO (202)-225-2645
Rep. David Scott, GA (202) 225-2939
Rep. Brad Sherman, CA (202) 225-5911
Rep. Jackie Speier, CA (202) 225-3531
And last, but certainly not least, Rep. Mel Watt. DC: Tel. (202) 225-1510, Fax (202) 225-1512
Charlotte, NC: Tel. (704) 344-9950, Fax (704) 344-9971
Greensboro, NC: Tel. (336) 275-9950, Fax (336) 379-9951
on Sun, 11/01/2009 - 18:11
#116833
Call early and call often.
on Sun, 11/01/2009 - 13:43
#116682
It's only fitting that a representative who was elected due to illegal racial gerrymandering (Mel Watt) is supporting more illegal activity of supporting the Fed fraudsters.
on Sun, 11/01/2009 - 15:44
#116735
Will post here and below.
Calling Congress is good. Please do so. Thanks to the posters who helped make that a little easier.
Below are most of the Local news stations in Charlotte and Winston-Salem. These are the key stations in Watt's district. Please let them know what you think.
WCNC NewsChannel 36
1001 Wood Ridge Center Drive
Charlotte, North Carolina 28217-1901
Phone: 704-329-3636
http://www.wcnc.com/contact/
http://www.wcnc.com/contact/?tvNewsDept
WSOC-TV Feedback And Comments
P.O. Box 34665
Charlotte, NC 28234
Phone: 704-338-9999 (Main switchboard)
Phone: 704-335-4871 (Newsroom)
http://www.wsoctv.com/station/1928956/detail.html
WBTV Television
1 Julian Price Place
Charlotte, NC 28208
Main phone: 704-374-3500, ext 1
News Tips: To report breaking news, call 704-374-3691 or email assignmentdesk@wbtv.com.
Consumer stories: email kmiranda@wbtv.com.
Speak Out: email speakout@wbtv.com.
PSI Charlotte: Got a story you want our Problem Solvers Investigators to look into? Call 704-374-3511 or email problemsolvers@wbtv.com.
Senior Management: Nick Simonette, General Manager, WBTV, 1 Julian Price Place, Charlotte, NC 28208
FOX Charlotte
Main number: (704) 372-1800
News Desk: newsdesk@foxcharlotte.com
http://www.foxcharlotte.com/subindex/about_us/contact_us
WXII12
700 Coliseum Drive
Winston-Salem, N.C. 27106
Station Phone Numbers (336)721-9944 (336)721-0856 Fax
http://www.wxii12.com/station/1610902/detail.html
ABC45 WXLV
3500 Myer Lee Drive
Winston-Salem NC, 27101
Phone: 336-722-4545
Fax: 336-723-8217
http://www.abc45.com/inside/index.shtml
At minimum, send them an email. If they get enough, my guess is one of these stations will pick up the story.
Thanks.
sandman
on Sat, 10/31/2009 - 16:59
#116245
Is there another way to contact him? Email gets rejected unless you have zip code + 4 in his district.
on Sat, 10/31/2009 - 19:11
#116302
that's a trick almost all of them use to discourage extra-constituent contact.
the workaround is their fundraising site, as in: http://www.wattforcongress.com/contactus.html
that will get your email through.
here's my message:
you are a ho for the banking interests who control the fed and the gov. gutting the bill to get us an honest audit of the fed, making it meaningless, is a despicably venal act of a little crook on his knees to the big crooks. you and your fellow special interest sellouts should be prosecuted for willfully aiding and abetting criminal fraud. and more and more people are coming to understand that.
on Sat, 10/31/2009 - 19:42
#116344
here is another word for this: treason.
on Sat, 10/31/2009 - 20:04
#116363
Word.
on Sun, 11/01/2009 - 03:52
#116505
thirded
on Sun, 11/01/2009 - 05:52
#116517
Unless you convince people in his district to contact him, he doesn't give a shit. You can't vote against him, so you don't exist.
on Sun, 11/01/2009 - 13:49
#116687
Watt WILL NOT be voted out of office regardless of who contacts him from the district... a black representative in a racially gerrymandered district will not be voted out by a constitutency that is ignorant regarding what the Fed is/should be/and what they're doing.
We Americans just got fucked, proper.
on Sun, 11/01/2009 - 10:17
#116574
Thanks for the link-around. Here's my message to Watts:
Gone are the days when the weasels in DC could undermine the will of the American people in anonymity. Just so you know, the American public is aware of your treason.
"The bill, with 308 co-sponsors, has been stripped of provisions that would remove Fed exemptions from audits of transactions with foreign central banks, monetary policy deliberations, transactions made under the direction of the Federal Open Market Committee and communications between the Board, the reserve banks and staff", according to Ron Paul.
"Paul, a member of the House Financial Services Committee, said Mel Watt, a Democrat from North Carolina, has eliminated “just about everything” while preparing the legislation for formal consideration. Watt is chairman of the panel’s domestic monetary policy and technology subcommittee." It's disgusting that you are willing to whore yourself to protect special interests at the expense of our country's sovereignty.
A pox on you & yours.
on Sun, 11/01/2009 - 14:04
#116698
calltoaccount: "you and your fellow special interest sellouts should be prosecuted for willfully aiding and abetting criminal fraud. and more and more people are coming to understand that."
Make that "will be prosecuted". This thing ain't over yet, we haven't lost.
on Sat, 10/31/2009 - 18:37
#116305
Use his charlotte zip code-------28208-5214
This is going to get passed around the C4L nationwide along with the Tea Party
Another CRAP sandwich congress person..
on Sun, 11/01/2009 - 11:38
#116614
All of the co-sponsors of HR 1207 can be found here: http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/
If you live in the district of any of these Congressmen and women, contact them by email/telephone/fax. Tell your colleagues - tell your friends. If enough of us get to the co-sponsors, perhaps we can "un-gut" the Bill.
on Sun, 11/01/2009 - 13:44
#116684
I live in his district and this just hits a little to close to home.
I will be sending him an email from a very unhappy voter from his district.
on Sat, 12/12/2009 - 18:28
#161536
Look at the reps that vote nay in your state ,call them..4
on Sat, 10/31/2009 - 17:20
#116253
This is typical of how the slimy bastards operate. They're not going to let this one through easily - if at all. I hope I am wrong here but I get the feeling that it just might be too late - the coup has already occurred - there is nothing left to save.
on Sat, 10/31/2009 - 18:35
#116297
People were extremely angry in America until "change" was promised and "yes we can" reverberated around the rooms. People allowed themselves to be seduced into thinking, praying, hoping that this time things would be different. So we set aside our anger and belligerence and tried one more time, hoping that this time things would truly be different.
What did we get? How has that worked out?
This time people were angry with the Fed and the banksters. Pitchforks were being sharpened and torches cleaned and fueled. Along came Ron Paul with his audit the Fed bill and majority sponsership in the House and people began to calm down. We began to hope, to pray and maybe even believe that finally headway would be made against the thieves and liars. That we could get a peek inside the Ponzi and begin the dismantling process
And then along comes Congressman Watt. If it wasn't him, it would have been something else. It will always be something else.
Folks, we're being played big time. A year ago the banks claimed they needed free money or the world would end. Less than 12 months later near record bonuses are about to be handed out, have already been handed out. I could go on but you know the drill. When are we going to step out of our denial and come to grips with the reality that's all around us and clear to see for anyone willing to look.
We act like a battered wife who begs her husband to stop beating her and the kids. She wants so desperately for her husband to stop that she'll believe anything he tells her if only he says it with enough sincerity and a few tears.
She feels trapped in her miserable existence with no where to go and no money even if she could/would leave. While it's clear to you and I that she must leave and leave now, she's unwilling to do what obviously must be done.
If only he would change, she thinks, things would be better. You and I know he will never change. But it's so much easier for her to kick the can down the road than to confront the issue head on. Besides, if she does confront him, he might get violent and we don't want that, do we? A raised hand is all it takes to keep her in line. She's learned her lesson well after the first few beat downs.
At what point will we stand up and say no more. How many more banksters and corporate heads will take obscene pay packages before you say enough is enough? How many million more of your fellow citizens will lose their jobs, how many already jobless workers will fall off the unemployment rolls before you say no more?
How long will we continue to hope and pray and plead with the powers that be to change their ways before we recognize that we're simply enabling them to continue to beat the shit out of us and it's time to take a stand? Give me a number, a point in time, an event that is quantifiable. Tell me what you last straw is so we can begin to get ready for the straw to be broken.
on Sat, 10/31/2009 - 18:39
#116308
Well said CD.
on Sat, 10/31/2009 - 22:53
#116448
I would say that this winter after a dismal holiday season and 30% unemployment sets in that will be the beginning. Fuel is on the way up, food prices (and perhaps shortages) are being squeezed and the next wave of foreclosures are about to hit. Either the sheep will be sheered or I hope they have stocked up on bullets, beans and band aids.
From the "Undefeated" Windage and elevation, Mrs. Langsdon, windage and elevation.
Alex Jones has a new film that is quite good... no armidilo hat needed.
http://www.youtube.com/watch?v=VebOTc-7shU
on Sun, 11/01/2009 - 02:42
#116501
excellent video!!!!!!!!!!
on Sun, 11/01/2009 - 12:28
#116639
America Under the Talmud: Will It Work for US?
http://www.come-and-hear.com/editor/index.html
on Sat, 10/31/2009 - 22:46
#116446
I'm wondering if this is why Barney Frank sat his fat ass on the bill for so long--so he could find someone to nerf it before it went to the floor.
Did Watt get paid 30 pieces of silver, or was he rewarded with GS stock?
on Sun, 11/01/2009 - 00:43
#116478
Look again. Inflation will not only eclipse their own fortunes but make their wealth disappear entirely. The common folks can open up Credit Unions owned/operated by themselves, boycott banks, and create a trade without the need of government and central bankers. Don't think it won't happen.
on Sun, 11/01/2009 - 00:56
#116493
Looks smart to me.
on Sun, 11/01/2009 - 09:20
#116546
LiquidBrick,
I agree that opening a credit union for the people and by the people makes sense. But as long as the Federal Reserve has total control over the nations money supply, the credit union you open would still use fiat currency controlled by others.
More importantly, your credit union would be subject to the laws and regs of government (on both state and federal level) that clearly has been deep captured and controlled by the financial power brokers.
Make no mistake about it, do not travel down the road of wishful thinking, the powers that be will cause laws to be passed to outlaw competing entities, particulalry those that empower the people to take matters into their own hands.
I'm not saying there is no hope, only that more drastic steps need to be taken. We can't avoid the cancer anymore. It must be cut out. There is no bargaining on this matter. The powers that be are clear in their goals. We must be as well.
on Sat, 10/31/2009 - 17:42
#116266
Mel Watt fax: 919-821-4778
During the bailout debate Sept of 08, I tried to e-mail Roskam and the system was jammed. My fax went right thru.
on Sat, 10/31/2009 - 17:42
#116267
If someone actually though this bill would make it through intact, then they're the most optimistic person(s) ever...
on Sat, 10/31/2009 - 18:02
#116280
More like Congressman 40 Watt. Thanks for your very dim contribution to transparency.
on Sat, 10/31/2009 - 18:04
#116281
More like Congressman 40 Watt. Thanks for your very dim contribution to transparency.
on Sat, 10/31/2009 - 18:11
#116283
I'm at a loss on this one : What exactly will an audit of an institution that everyone, with any sense of financial markets knows fully well, knows that the FED is operating in the Red by trillions, has no other choice, this audit is of a supposedly Private Banking cabal , is an arm of the nation, and is only going to damage all already shakey and dis credited institution? I can't believe TPTB didn't see this coming. The whole mess reads like an engineeered gig.
But who knows, maybe they really are that stupid... they bankrupted the most successful nation founded in the last 2000 years . Thats quite an M.O....
on Sat, 10/31/2009 - 18:34
#116301
Well, that's the idea. We need to kill it. Also, we ABSOLUTELY need to know (and punish) who stole our money. People are literally DYING because of this massive amount of THEFT. We need to know who their murderers were and punish them accordingly. There is no other way.
on Sat, 10/31/2009 - 18:14
#116284
From Congressperson Watt's website in regards to his House Financial Services Committee service:
My service on the Financial Services Committee has been especially important because the 12th Congressional District is home to more banking and financial interests than any congressional district in the United States except the New York district in which Wall Street is located. I use my position on the Committee to listen to and study the interests of financial institutions and the interests of my constituents (their customers and consumers) and to help craft the important legislative balance that must exist between these interests.
How interesting.....
I will write to my congressman who is a Democratic colleague of Watt and is also on the Financial Services Commitee. My critter is a cosponsor of the Paul bill and I will urge him to smackdown this crap by Mr. Watt.
I won't give up but I do hear what GG is saying....in my view, I will be surprised if we get a comprehensive audit of the Fed. In fact, the u.s.a has proven itself time and time again to not take action on domestic matters until a crisis point is reached....kinda like one year ago, we had a financial crisis. Now, one year later, nothing has been fixed, I would argue that it is even worse, yet we pretend to say that recovery is here, hip hip hooray.
talk about phucking stupidity.
on Sat, 10/31/2009 - 19:41
#116334
Writing letters is nice, but not very effective.
This is the youtube generation. Produce a commercial if you can.
This youtube political commercial got 325,000 VIEWS IN 2 WEEKS. Very effective. I think MISTER WATT DESERVES HIS VERY OWN YOUTUBE COMMERCIAL.
http://www.youtube.com/watch?v=e_IAN081P8I
That commercial was produced by one person who believed in a cause.
http://wakingupnow.com/blog/how-to-begin
on Sat, 10/31/2009 - 20:05
#116366
Not a bad idea...
on Sat, 10/31/2009 - 20:14
#116372
bingo......he's bought and paid for.
on Sat, 10/31/2009 - 18:18
#116287
Ok Guys....Here it is....
Get rid of the two party by advertising dollars lobbyist
system....to be replaced by the states only....per township....states vote by proxy via township via internet on how to spend tax dollars....
Simplify the tax system....
No personal income or corporate taxes....
10% Consumption tax state....
5% Consumption tax fed....
No other taxes....
Then the US can enter its New Renaissance....
on Sat, 10/31/2009 - 19:39
#116291
told you so
having said that, here is a link with ideas on how to get this back on track
http://www.campaignforliberty.com/blog.php?view=27073
on Sat, 10/31/2009 - 21:31
#116410
Thanks for the link.
on Sat, 10/31/2009 - 18:28
#116295
more nwo action.....remove your money from these vampire squid bankster marshes....close your credit accounts....
the fed is heavily involved in cia operations and will never ever be audited - a point i made when all of this giddy bullcrap about an audit surfaced....
on Sat, 10/31/2009 - 18:29
#116296
It's time. Gordon's right. So is Mountainhawk The solutions are getting less orthodox
on Sat, 10/31/2009 - 18:37
#116306
There is something fundamentally wrong with the way our government works when one person can kill a bill with over 300 co-sponsers and public support. This makes me sick!
I wonder what the payoff for this is?
on Sat, 10/31/2009 - 18:39
#116307
This really pisses me off
on Sat, 10/31/2009 - 18:40
#116311
I dare not share the thoughts going through my head because I'd probably have a knock on my door in a day or two
on Sat, 10/31/2009 - 20:00
#116360
This is what is bad about these virtual spaces. You are pissed there, I am pissed here...
The net enables and constrains. We stay isolated, venting here, not where it matters.
Where is CD? Another mechanism of cognitive dissonance, once you are aware, you blow your load on the net and feel like you have affected some kind of change?
Uhh yeah, right!
Gordon, get your sweet ass out here and talk to us about credit card default again. Chumba, remind us what pussies we are for taking it. We all need to bitch slap each other out of the matrix. Miles, surely you got some ideas.
Smack!
Smack!
on Sat, 10/31/2009 - 20:45
#116386
You are so spot on.In my deeper contemplations of the matrix I have wondered if some sites exist only to provide a place for cathartic release, as well as tipping off the Power where the real troublemakers are.
I do actually go off on the elected scum, and actively try to unseat them with somewhat better candidates.Talk about an uphill battle.In the case of the scum bankers from planet felony, if people move all their money to other banks it would help.But I cannot help feeling like things are so bad that we need to do more.A lot more.
I am sure that sentiment puts me on a list......
on Sat, 10/31/2009 - 22:46
#116444
Are We Winning the Battle on the Web? Or Are We Just Letting Off eSteam?
on Sun, 11/01/2009 - 00:57
#116494
Good points in that post.
on Sun, 11/01/2009 - 10:29
#116572
Where is CD? Right here MsCreant, on your flank, by your side, asking the tough questions not of our leaders and the powers-that-be but of ourselves.
I posted here yesterday (see above) asking us all at what point will we do something about this. When will we stop acting like battered wives in denial, bargaining with the batterer, conceding on every point if only he promises not to hit me any more.
No one wants to see themselves as helpless so we lie to ourselves about all the wonderful ideas we have and the things we will do when the bad guys are defeated. We talk the talk but we aren't ready to walk the walk that we all fear will endanger ourselves and our livelihood.
We think to ourselves "There must be a way to take down these bastards without my hands getting dirty for I have too much to lose." We peek out of the fox holes we've dug and scan the field for the saviour, the hero who will charge bravely forward and slay the dragon so that we may remain safe and intact.
We all practice confirmation bias, seeking out information that confirms our belief system while we avoid the information that tells us the job will only get done if we all shoulder the wheel, that we're doomed if we wait for Neo to come to our rescue and free us from the Matrix. If only this or that would change, if only some law were passed, if only the SEC would do its job, if only they would clamp down on the banks. The list is endless.
Of course, our participation as posters and readers of Zero Hedge is part of that desire for confirmation bias. We feel that Tyler, Marla and crew are the freedom fighters finally entering the battle on our side. Finally we had a brave and sturdy soul who will do our fighting for us, who has clout and a voice, who seems to be making a difference.
Don't get me wrong, I applaud everything that ZH is and does. But if by acting as ZH does, we allow ourselves to be lulled back into the false belief that progress is being made and thus we can lay down our weapons, we have lost before we have even begun to fight. Let's not kids ourselves, we really do want someone else to do the dirty work for us, to go into harms way so that we can enjoys the fruits of their labor. I don't wish to be hurt and it would be a lie to say otherwise. But let's at least admit this about ourselves rather than recite soothing platitudes as excuses.
We are all aware of the games people play but of course we're too smart, too aware of ourselves to fall for that trap. It's those other guys and gals who are in denial, not me. I can see clearly for miles and miles while everyone else (except for that small group who agrees with me) are simply sheep waiting to be sheered and then slaughtered. I'm the exceptional one here. If only those (other) idiots would get their shit together, we could fix these problems.
Why do we still practice the charade of elections? Why hasn't the powers that be brought the hammer down on our heads? I'll tell you why. It's not needed. We stay in our corral, we clean up after ourselves, we feed and clothe ourselves and even police and punish ourselves when we stray too far from doctrine. We are so far into denial that we allow ourselves to be divided along whatever lines you wish to discuss, thus effectively emasculating ourselves and handing power to those we say we want removed.
We still believe that we are basically free, that we control our destiny, that if we get really pissed off, we can change things at any time. We are addicted to our own false belief that we are free. Our addiction is to the dual drugs of nationalism/exceptionalism and freedom. As long as we can convince ourselves that we can stop at any time, we never will take the steps needed to rid ourselves of the drugs that paralyze us into inaction.
Like I said in my earlier post above, at what point will we reach the point of no return? When will we stop bargaining with the batterer and fight back? The powers-that-be are the 1% who hold 90% of the wealth. I personally think it's not the 1% we are frightened of but the next 20% that support the 1% in power.
The political leaders at the federal, state and local levels, the military and the military industrial complex, the courts, police, national guard, the corporations that control our jobs, food and housing. Even the traders and investors on this blog have vested interests that might very well be damaged if we take down the powers that be.
We all complain about the self dealing and blatant conflicts of interest that so many leaders flaunt. Time to look at our own conflcits of interest, our own hidden agendas, our own enabling behaviours. We have been deep captured by the "system" and until we recognize this fact, we aren't going anywhere.
on Sun, 11/01/2009 - 11:44
#116617
I think you are saying that we should go to the gun shop, get rifles and start shooting those bastards. If everyone does it, it may not be a crime.
on Sun, 11/01/2009 - 19:33
#116889
Only if your hero is Robespierre.
on Sun, 11/01/2009 - 13:41
#116679
I own everything you posted here. I think the "get into gold" mantra that we will see posted here may not be bad for some of the reasons you list. Folks depend on the "market" for their livelihood and do not feel pissed off enough, yet, to ditch it. If they ditched it, gold/pms would be the place to go.
I am personally:
Out of banking
Out of the markets
Out of debt
Into prepping (gold, garden, guns, grub)
Into sustainability
I have an annuity I would cash out in a second but I cannot get access to it until I lose my job. So my version of the dependency you describe is clinging to the job. I am painfully aware that, in a fractillian kind of way, my job is Ponzi. My university scams the state and the students and their parents. Blogs like this one have made me aware of how/why education costs are so bloated.
God the stories I could tell.
So the truth is, it is about getting healthy and getting real.
Speaking of getting real...Dude. Highschool education. Right. You are a bright, long winded airbag. Don't even try it. Academic. I spots what I gots.
Catch up with you later. This should be a good dialogue.
on Mon, 11/02/2009 - 09:32
#117139
MsCreant, believe what you want (most people do) but all I have is a high school education supplemented by a large helping of life experience and self reflection. Along with a ridiculous Amazon.com purchase history the NSA still puzzles over.
If all it takes to become an academic is to be a bright, long winded airbag, I want the diploma and tenured paycheck that comes with it. :>)
on Mon, 11/02/2009 - 12:20
#117288
CD - As a GED at 15 guy I have to wonder... Just for you CD...
http://www.youtube.com/watch?v=k4PiVMasO6s
on Mon, 11/02/2009 - 14:53
#117457
Miles,
Once again I'm either too slow to understand your comment or you're too cryptic. Or both.
Good Will Hunting is one of my all time favorite movies and I identify with Will because I've put roadblock after roadblock in front of me for decades. Will figured it our pretty early in life. I needed a lot longer.
Regardless I'm left trying to prove a negative. I am self educated. If that doesn't fit someone's view or opinion of me, they should examine why they have that view.
I will say this. If someone thinks something about me or my background, it's because of their preconceived notions, not what I've said about myself. I've found people will take at face value something they believe is correct, regardless of how outrageous it is. But if it doesn't fit their worldview, it is immediately challenged. That in my view is a double standard.
You can tell a lot about someone by how they fill in the blanks. Why is what I'm saying so unbelievable? Why does it even matter? Does it invalidate my views and opinions?
on Mon, 11/02/2009 - 14:55
#117474
No X2. For a better perspective of my present view check my response to your alphabet soup response on Roubini.
on Mon, 11/02/2009 - 15:53
#117538
I stand corrected. You would do fine as an academic. You chose not to. Cool. I think you know I meant no disrespect, but I'll write it out loud to cover the base.
I see my tenured paycheck as something that is appropriately endangered, as the tax base shrinks, so is does the space for what I do. I will use it for positive benefit for myself and others, while I can.
on Sun, 11/01/2009 - 13:45
#116680
CD - Perhaps that is my "issue". I have spent my entire life doing the dirty work, making them wield their blade until it chips and shatters. I join you in hope & skepticism that there are very many around that will carry the fight forward from where I no longer can. Like I said in my 1,000 pound man analogy, WE are the codependents who have and continue to perpetuate this most unhealthy situation.
I can attest as only Miles Kendig can that once you realize that the very thin branch you thought you were clinging to is no longer there more often than not, you do not do the coyote. In fact support almost always seems to appear as if my some sort of magic.... Folks have to trust in something greater than themselves, be willing to lose it all including relationships and stand.
on Sun, 11/01/2009 - 13:50
#116688
Saw Hopschotch last night Miles.
"My dog detests the smell of stupidity!"
on Sun, 11/01/2009 - 16:50
#116704
Remember, Isoble's dog only bites those he dosn't like whereas I only bite those I like.....
MsCreant, one of the best things in the current circumstance is to get them to destroy their own home in their unmitigated rage to get you for speaking truth to power.
Remember, "First they ignore you, then they ridicule you, then they fight you, then you win." - Gandhi
on Sun, 11/01/2009 - 16:25
#116754
Hear-Hear Miles Kendig!!!
Please read this MK, i think Peggy Noonan is saying something important here, and it relates to what you are saying...
http://online.wsj.com/article/SB10001424052748703363704574503631430926354.html
on Sun, 11/01/2009 - 17:20
#116764
agrotera, the beauty and the tragedy is that we can all relate to what being a slumdog is all about in some small way. It is how we move from that understanding that will or will not move the rudder.
Peace
BTW, one of the misses in Peggy's otherwise excellent attempt at the subject matter is that there are a number of people in government, just as in the private sector that are awake. I rather suspect that the ratio is a bit higher in uniform which makes for an interesting aspect in all of this. Unfortunately enough of them are either fearful of what they might lose or they are apathetic. These two traits are the essential building blocks of... if not outright slavery... then some sort of sick indentured servitude. A codependency that the monster cannot satisfy at either end. It is the process of the narrowing of this "dissatisfaction gap" that I think Peggy is taking note of. This dissatisfaction gap is approaching critical mass. The fact remains that the power behind societies nominees fully appreciate this fact which is why we are witnessing a clinging to and concentration of power through various means. Most notably through turning over what remains of real power to central banks and eviscerating the concepts of the rule of law and responsible self governance.
Enough for now.
on Sun, 11/01/2009 - 17:42
#116813
I hope that she will see what you have written here MK and maybe she will join in the discussions here--her concern seems genuine.
Dear Marla and Tyler, please consider posting Ms. Noonan's op ed ...
on Sun, 11/01/2009 - 18:03
#116817
agrotera, Peggy's concern most likely is quite genuine. The fact remains that many of the themes concerning the "myth of the nation" that she now questions are the very same themes she rode up to her current perch. The operative condition for more than 100 years has been that whenever someone gets tired of running on the treadmill there is always another slumdog to take their place. This is one of the key features that feed the cycle of codependency of the 1,000 pound men that I see as foundational to the situation we find ourselves mired in currently.
BTW, I would rather suspect that she is a lurker, taking the pulse of this segment of the populace..... There is no doubt that many of the themes that find their way to ZH have done so not only to take a temp check, but to provide one more acid test in a particularly challenging environment. She does have a some key elements there. Hence the reason why we getting pumped for "patriotism" if we do not chase the dragon of leadership class provided hopium.
on Sun, 11/01/2009 - 18:25
#116843
i am really struck by your characterization of "codependency on 1000 pound men" --it is most excellent. And with codependency, awareness is a good start. And certainly, the zeitgeist of our nation is changing, with a greater awareness of our codependency, but is still is only a weak recognition. Someone said to me the other day that they really sense the massive fraud and corruption that seems to be in operation between Washington and Wallstreet, but then they said, "but why don't we hear more about it in Forbes or the WSJ". Like any paranoid, one can always find support for whatever their scheme is, so many of us can be written off as nutso, crazy, and sadly for us as a nation, without broad support from some of the MSM, our nation wont be cured of this codependence, and those of us who act as town criers are often written off.
MK, thank you for your wonderful insight which is a great gift to all of us! Your words are the perfect antidote to the trance-like state created by codependency!
on Sun, 11/01/2009 - 19:05
#116869
agrotera, CD said it very well above and in some of his other recent observations. Here is the 1,000 pound man quote in context....
http://georgewashington2.blogspot.com/2009/10/too-big-to-fail-and-1000-p...
Thank you so very much for your kind observations. Again, engagement is like a journey. It begins with, is filled with and finishes with individual discreet steps. Each one is important to the creation of the whole tapestry that we find our lives and actions a part of.
All The Best
on Sun, 11/01/2009 - 13:47
#116686
The Austro-Hungarian Empire was at one time multi-cultural, respected and solvent.
on Sun, 11/01/2009 - 14:12
#116699
hallelujah....your sermon brings to mind krishnamurti:
"When the mind revolts within the pattern of society, such a revolt is like a mutiny in a prison, and it is merely another form of ambition. But when the mind understands this whole destructive process of the present society and steps out of it, then its action is not ambitious. Such action may create a new culture, a better social order, a different world, but the mind is not concerned with that creation. Its only concern is to discover what is true; and it is the movement of truth that creates a new world, not the mind which is in revolt against society."
(ed. note: "and steps out of it" is not the same as 'dropping out' & becoming a recluse. k was highly critical of such)
nice intro of his thoughts here for those interested:
http://www.youtube.com/watch?v=6mmv8t8aY2w
on Sun, 11/01/2009 - 14:08
#116700
Like I said in my earlier post above, at what point will we reach the point of no return? When will we stop bargaining with the batterer and fight back? The powers-that-be are the 1% who hold 90% of the wealth. I personally think it's not the 1% we are frightened of but the next 20% that support the 1% in power.
Beautifully put, CD. I too have seen the problem and . . . it is us.
on Mon, 11/02/2009 - 09:42
#117142
After a life time of conditioning that others are the problem, the vast majority do not have the courage to understand their own complicity. It's so much easier being the victim than a co-conspirator. Understanding this requires a complete reordering of your world view and few are willing to do the heavy lifting.
on Sun, 11/01/2009 - 17:39
#116812
Thank Mr. President.Sometimes their probes are more obvious than others....I think most Americans would freak out if they had any idea how pervasive the mil/intel presence is, both here and in the physical world.Of course, it is supposed to be for our own good.But such enormous power has a very corrosive quality.It seamlessly transforms into controlling the people, which is very dangerous.This control, which in this space is primarily via meme construct and meme co opting is insidious.It is a real war, and they are using very powerful AI, and refining them over time.
At this point is seems reasonable for us to eliminate their spending, using whatever method we can to do it.Since financial collapse seems imminent, now might be a good time to aggressively pursue this.
on Sun, 11/01/2009 - 19:31
#116887
Cistercian, the first step on that journey is the decision to risk everything in order to stand and doing so. The next steps involve dusting yourself off, again and again after taking a beating and doing it all over again. I hope that you are able to enjoy the fruits of your labor of love and belief.
All The Best
on Sat, 10/31/2009 - 21:34
#116412
Everything we consume that we do not produce ourselves
feeds the monster. Don't allow the phuckers to steal the fruits of your labor.
Smack!
on Mon, 11/02/2009 - 01:01
#117049
Thank you sir, may I have another!!
on Sun, 11/01/2009 - 04:13
#116510
Vote like you mean it, damnit! The penultimate stand of freedom in a supposedly free society is to exercise you vote. Spread information, debate and tell people how to vote if they want to stop the madness.
I'm planning on running for Rep. in either 2010 or 12. My platform will be anti-bailout, anti-fraud, anti-fed, anti-patriot act, anti-most things that the government has done recently for that matter. Shortly...pro constitution, pro-peace, and other things I need to clear up.
If you think you can change things non-violently without voting and participating in the democratic process as it is now, then you are kidding yourself. The solution here is a public one, even if many people prefer the private world. The funds for a sucessful political campaign are in the millions, and it is a prerequisite, no matter how correct the ideas are, but I think it is possible.
on Mon, 11/02/2009 - 01:04
#117050
Good wishes on this. Please keep us posted. It would be an education for us all to track your progress. Maybe even hopeful. Or a source of dispair. But certainly a brave experiment.
Godspeed.
on Sun, 11/01/2009 - 12:20
#116632
Good Sunday morning MsCreant. It is Sunday in the South, and most of the bible belt is in church--your statement here has epic value just like any great sermon--may it effect all of us! AMEN
on Mon, 11/02/2009 - 01:12
#117054
You got a little hell and brimstone of your own today! Even as we bitch and point out who and where the bastards are, even as we own our own culpability, we gotta stay positive and support each other. You remain positive (but not myopic) yet realistic in the face of all this. I enjoy tracking where you have been once you have gone through a thread. You are medicine.
Peace sister.
on Sun, 11/01/2009 - 19:44
#116842
MsCreant, I do as I am sure you appreciate. The question is do you really want to know? While you come to terms with what your decision means in its fullness know that by simply being who and what you are you are doing far more than just dropping a load on the nets. Like CD and many others, I am with you Sis. BTW, there is a whole lot to being a mentor that I find interesting. Someday I hope that I can join the ranks of those that teach, rather than simply educate as I am sure you are ready to join other ranks yourself.
ATB
BTW, I love it when you get this way. Smack Smack indeed. Such efforts to light the fires may well lead me to call you The Torch MsCreant.
on Mon, 11/02/2009 - 01:21
#117057
"MsCreant, I do as I am sure you appreciate. The question is do you really want to know?"
Yes. I don't say much lightly. When I am full of shit, I can usually own it latter. It is one of my better qualities.
Yeah, I want to know.
I think it is cool having a soldier, ex DOJ dude around (notice I did NOT put ex in front of the soldier part).
on Mon, 11/02/2009 - 01:52
#117064
Are you really ready to lose it all? Your son? Family? Associates & friends? Career? Home, bank accounts & retirement? Everything but yourself, your ethos and your desire to stand? I ask you these questions as someone that made the journey on a step by step basis on survival mode. You situation may well be different in some respects. Although I can fully appreciate if it isn't. I am being a brother and making sure you are as sure as one can be. Take some time. Look at things through this very different light for a time and be sure because one thing the Matrix has right is that once you decide, there is no turning back dear friend. Unless of course, you go rogue and initiate a tragedy for everything you are saying you stand for...... Most especially yourself.
Take care, tuck in your son and take a pause for the cause.
on Mon, 11/02/2009 - 16:07
#117545
I come up agaist this wall every day. The reason I do what I do is for my son and hubby. When my son looks set up, then it will be a lot easier to make some more hardcore decisions. Meanwhile I always have feelers out for ideas to fight the machine.
And as I say all that, I am the thing I want to fight. Fight when it is safe? Fight when it is conveinient? Cling to the idea that there is a chance that things will work out without invoking Shiva and Kali to reign down on this mess?
So yeah, I'm at that point, and have yet to reach out and not just hold the pill, but swallow. I may not know specifics, but I know damn well what is on the other side of the rabbit hole.
Your story, are you writing it? Do you have a manuscript? Would reading it be a red pill?
on Mon, 11/02/2009 - 19:15
#117712
Then do what you know must be done MsCreant. You have to look for what is your pathway and then follow it with total abandon, trusting to something larger than yourself. I can tell you that the more "things" that are important to you the more opportunities there are for others to manipulate you. So, my advice of being ready to lose it all is most important. I suggest a sit down with those closest to you and go over all of the essentials, what ifs, communications, alternate living and transportation, no notice flight bag w/essentials, legal guidance on your pathway. The whole package. Otherwise you and those that love you may well suffer the same fate those that loved me suffered and I would not wish that upon anyone. In other words there is only so much that can be done prior to jumping into a passel of wild weasels. Plan accordingly.
My first effort was locked up in an archive vault. Hence one of the reasons I am on the street with three pension checks and primary custody of my two younger kids even as a 100%er. It covers a few sigma 6 events as a participant and observer. Hence my occasional use of the acronym J.A.F.O., (Just Another Fucking Observer. Yes, at a major moment of truth that effected millions I just followed orders). I suppose my entire life is a case study in how sigma 6 events are either very ordinary or my life has been extraordinary.
I put this quote to CD earlier at the Roubini thread, but I think it applies here as well.
"I discovered later, and I'm still discovering right up to this moment, that is it only by living completely in this world that one learns to have faith. By this-worldliness I mean living unreservedly in life's duties, problems, successes and failures, experiences and perplexities. In so doing we throw ourselves completely into the arms of God, taking seriously, not our own sufferings, but those of God in the world. That, I think, is faith." - Dietrich Bonhoeffer
If there is anything I can do, advice I can provide or you just have a desire to have a cup of coffee and shoot the proverbial shit you know I am close and I have yet to refuse a 911 can from anyone or a 411 call from family. Take care Sis. Remember, when we feel compelled by a calling often times it leads to our death or demise. You have to hold on with the skin of your teeth without knowing if you are doing right or wrong or if there will be vindication on the other side.
All The Very Best On Your Quest.
http://www.youtube.com/watch?v=oCqsG1t7RoU
Oh ya, I can relate to your calls as someone who had the experiences on the Res's at the four corners and numerous other experiences along those planes, all over the globe including the opportunity to be buried overnight.
on Sat, 10/31/2009 - 18:43
#116314
Lets see, North Carolina. Hmmmm, Charlotte is in North Carolina. Hmmmm, Wachovia (now part of Wells Fargo) and Bank of America are homed in Charlotte...
Hmmm, yeah I could see where a congressman from North Carolina who would not be a congressman from North Carolina without being in the hip pocket of these banks, would not want the skulldugery of the Fed to see the light of day. It isn't political like Ron Paul said. It isn't Democrat or Republican. It just comes down to who you represent and Congressman Watt is a patriot of the banks. He represents America...Bank of America that is.
on Sat, 10/31/2009 - 19:38
#116337
someone should ask the Oracle what his position is on the audit the fed issue is
on Sat, 10/31/2009 - 19:40
#116341
We can think for ourselves thank you.
on Sat, 10/31/2009 - 22:58
#116452
The Oracle's a she anyhow.
on Sun, 11/01/2009 - 08:57
#116540
-1
on Sat, 10/31/2009 - 19:48
#116349
Yep? Well we know who's bitch Watt is.
It is time to start pounding the ground in his area.
on Sat, 10/31/2009 - 20:04
#116364
It is not relevant to audit the Fed if Congress can assure Bernanke that he will not be confirmed and, he can start clearing out his desk. Bernanke will freak and make arrangements to disclose what Paul wants to know.
The next Fed Chairman will disclose, making it tough for Bernanke to keep his stand.
Right now there is no way of telling if Bernanke has committed any felonies by giving money to certain persons. Unless one can audit, or get a judgement to force disclosure, then criminal activity within the federal reserve system is a tolerable activity.
No one has told Bernanke that we care what he did, we just want to know what he did and why.
Richard Nixon claimed executive priviledge to hide a crime, and lost. Bernanke will lose this battle. But remember, this is not about Bernanke- he takes orders. No one but his kids care a rat's butt about him. This is about who got the money. Who got the money and is not a foreign central bank, not a bank holding company, not a qualifier for any money.
on Sat, 10/31/2009 - 20:11
#116369
Until someone finds a way to get this message to the avg Joe on the street, it's a moot point. All the blogs in the world cannot counter the blatant disinformation of the MSM. I have personally tried to relay the message time and again, face-to-face. The results??....as Jack once said, " you can't handle the truth"...and as I say, " the sheep don't WANT to know the truth".
on Sat, 10/31/2009 - 21:34
#116413
when i first "woke up" i used to go around talking to all that would listen about what is going on. i was told that i needed to be committed. i was told that i was crazy. even my own family more or less blew me off. such is the life of a true patriot. in the words of the great american man of letters...Samuel Langhorne Clemens, aka mark twain..
"In the beginning of a change the PATRIOT is a scarce man, and brave, and hated and scorned. When his cause succeeds, the timid join him, for then it costs nothing to be a patriot" (1904)
yes you are right. the sheep sleep and are bought off with a few trinkets and are happy in their chains. hell man, take a look at them now being herded to the medical centers to take flu shots they don't need. the sheep are an embarrassment to thinking americans everywhere and to many people's around the world. well i better shut up now. they passed the hate crime law this week, so we sure can't display any thought patterns that might be construed as anti government...oh my....
on Sat, 10/31/2009 - 20:23
#116376
Salisbury, NC 28145 is one place that happens to be in the 12th District, which is the only location from which Congressman Watt will receive emails. Perhaps someone on this list lives in that happy location.
on Sat, 10/31/2009 - 20:44
#116387
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H. L. Mencken
on Sat, 10/31/2009 - 21:01
#116393
Use zip 27501
on Sat, 10/31/2009 - 21:04
#116394
"Paul said he intends to introduce an amendment to the bill when it comes to the House floor for a vote restoring the legislation’s original language."
on Sat, 10/31/2009 - 21:11
#116399
Mel had a lot of Ultra short and ultra Dow buy and sell transactions last year, how convenient. I have never seen a Rep with such an active trading record. Opensecrets.org.
on Sat, 10/31/2009 - 21:49
#116421
Yeah true.
http://pfds.opensecrets.org/N00002328_2008.pdforImages 2008
http://www.opensecrets.org/pfds/candlook.php?CID=N00002328
on Sat, 10/31/2009 - 22:42
#116441
demsco:
I just looked at your web site...very nice...thanks for explaining what goes on up there in DC:
Opensecrets.org
on Sat, 10/31/2009 - 21:17
#116402
well let's see. ron paul introduces a bill that he knows(and admitted as such) would go nowhere fast. so this makes him look good in the eyes of those that want answers. then along comes a democrat named watt who guts the bill so nothing will ever be done. so now the republican insinuates that it is the democrats who are doing this. on and on it goes. the game continues. meanwhile back at the ranch, ron paul's son who lives in Tennessee is going to run for office using his family name. how nice that is. why would anyone with any true grit want anything to do with this government? why? i am sorry but i am highly suspicious of this game that is being played. i am afraid that ron paul is nothing more than some guy who plays his part as the cavary that is coming to the rescue but the problem is that we just need some more of those ron paul money bombs to get this going for 2012. i said it before and i will say it again. no redress in the congress, no remedy in the courts.....this country is dead in so many ways, yet the lips of those who are in washington continue to move, like anything they are doing matters at this point. i grow weary of these chains.
on Sat, 10/31/2009 - 21:30
#116408
http://www.opensecrets.org/politicians/summary.php?cycle=2008&type=I&cid=N00002328&newMem=N
on Sat, 10/31/2009 - 21:38
#116415
What interests me is that Ron Paul just never quits. He must have known that something of this sort would happen. There is NO WAY that his Audit the Fed initiative would be allowed to reach a vote as written. Yet he keeps trying, again and again and again. Quite remarkable.
on Sat, 10/31/2009 - 22:32
#116438
Sad. This guy does not need gold neck chains or a gold Cadallac to be a pimp. Voting against the people's interest in favor of the super-rich bankers says it all.
There is only one question that remains;
How much will the Dems lose by in the next election?
on Sat, 10/31/2009 - 22:44
#116442
The owners of the Fed (Wall Street) do pay Congress
US$ 6,5 Billion per year for looking the other
Way.
The US population does not give a hoot as long
as the TV is switched on.
The cartel is controlling the news, markets,
and will not let go.
The only thing they do not and cannot control is
the physical gold market, so you can buy physical gold
and urge your family & friends to do the same.
A breakdown/default in the physical gold market will bring
the financial markets crashing down and with that, the
political system.
In the meantime, make as much noise as possible.
on Sun, 11/01/2009 - 09:47
#116554
After you'v lost your job, house and family...you start caring.
Physical gold is only one small part of the survivalist manifesto.
on Sat, 10/31/2009 - 22:46
#116445
Let me put this as diplomatically and succinctly as possible:
Congressman Watt is a fucking moron, and a fucking scumbag.
Thank you.
on Sat, 10/31/2009 - 23:04
#116453
Audit the Fed is dead. Bloomberg FOIA request is dead. New banking/derivative regulation is dead.
We paid for THEIR mistakes, and then they congratulated themselves with record bonuses and/or campaign contributions.
The ONLY remaining solution is to work "through the system":
The Second Amendment.
on Sat, 10/31/2009 - 23:47
#116462
The lack of awareness and understanding of this issue, and its importance, by J6P is a big problem. Ben doesn't look very scary in these televised propaganda sessions, and what they say not very threatening in and of itself.
But I'll keep writing my own congressman and senators. Not much else I can do, but if we all did it, and our friends did it . . . don't give up.
on Sat, 10/31/2009 - 23:56
#116466
Prepare for the ultimate boycott. If the FED, Congress, or Senate don't permit an audit of where the money went prepare for massive walkouts on mortgage, credit and auto debt obligations.
Between interest, taxes, inflation, oil and the erotion of home equity/retirement accts it is much cheaper to stay home and do absolutely nothing except squat in your own home until 5 years later the bank regrettfully takes it back.
Let them print all the money they want. The ultimate protest is in not buying ANYTHING.
on Sun, 11/01/2009 - 02:02
#116495
Massive walkouts on everything. I like it. We just need a way to have folks fed (not Fed). There are so many now on food stamps, unemployment benefits, who go to the food pantries because they don't have enough. We can agree to help our neighbors but I'd sure like to see a little more than just depending on Mana from heaven ala Moses.
on Sun, 11/01/2009 - 00:00
#116468
435 reps in this country and only one truly stands up for the American public with no special interests. I may be willing to accept Kucinich and call it two.
Yet, Dr. Paul is considered part of the fringe in congress.
It seems once something becomes so broken, it is beyond repair.
on Sun, 11/01/2009 - 00:06
#116471
This is infuriating. 300+ co-sponsors and these two douchebags, deluded with a God complex, take it upon themselves to re-write it and water it down to become basically meaningless. Freakin' bastards that need to be found face down in a ditch.
on Sun, 11/01/2009 - 00:50
#116481
Maybe we should go visit them and straighten them out? Whose come with me besides flipper here?
on Sun, 11/01/2009 - 06:22
#116522
Just the three of me.
on Sun, 11/01/2009 - 00:49
#116480
One more reason the likes of CNBS needs to be trashed, under their god like worship idol Oblame, Bernanke and Geithner are praised by these morons as saviors. Bubble Ben and shifty Paulson are not saviors but creators of this mess and as mad Max said need to be brought to the Hague and tried.
on Sun, 11/01/2009 - 07:31
#116507
An extremely noteworthy and important item. Thank you for your note George Washington.
Based on what would occur across global markets if this bill passed (and we believe will occur in approximately 16-19 months, where the 17 months of Primary wave 1 multiplied by 1.618 equals 27.5 and where 0.618 of 27.5 implies that in 17 months from now or so when the full brunt of devastating price action, unlike anything that has been seen since the Dutch Tulip bubble imploded in 1637, takes hold during wave iii of (iii) of iii (circle) of (3) of 3 (circle) of c), it simply seems too devastating at this point across the structure of global financial markets. Tick tock .. tick tock
We at Fibozachi do believe that the full intent of this bill will eventually see the light of day but not for approximately 16-19 months at the very, very least; which is where the 17 months of Primary wave 1 multiplied by 1.618 equals 27.5 and where 0.618 of 27.5 equals 17. This very simple measure of harmonic cyclicality implies that in c. 17 months from now we should bear witness to the full brunt of devastating price action, unlike anything that has been seen since the Dutch Tulip bubble imploded in 1637, when wave iii of (iii) of iii (circle) of Intermediate wave (3) of Primary wave 3 (circle) of cycle wave c rears its Robert Wadlow-sized head and an air of pervasively pernicious bearishness permeates itself throughout the collective social mood.
As an aside: collective social mood is the only "leading" indicator that exists the world over in the very truest sense of the word. The basic tenet of "Socionomics" is that social mood is endogenous, meaning that is a self-regulated mechanism of collective opinion which is impervious to exogenous influence. The encompassing theory of Socionomics helps shed immense light on why both the prospects of economic success as well as global unity appear brightest at extreme peaks in the single greatest barometer of collective social mood: financial markets. Similarly, Socionomics also helps us understand just why and how the most extremely bearish pieces of "news" appear at both extreme inflection points of acceleration as well as marked bottoms of various degree. If this last point does not immediately resonate, please check to see which day the Madoff scandal "broke" and just how many percentage points lower the US markets opened that morning.
As the great R.N. Elliott once said:
"At best, news is the tardy recognition of forces that have already been at work for some time and is startling only to those unaware of the trend."♦
♦ The Value of News,” R.N. Elliott’s Masterworks: The Definitive Collection, ed. Robert R. Prechter, Jr., p 277
on Sun, 11/01/2009 - 09:48
#116555
I don't mean to be rude. This is an outsider's impression. When I read the rest of your post, I see merit in it. When I read the stuff about waves and counts and so forth, it seems like zodiac, taro cards, or reading tea leaves. There could be merit there, but it is too touchy feelly to be useful. Maybe you have heard this before. It just seems to work best in retrospect, and predicts little.
on Sun, 11/01/2009 - 10:56
#116592
Awesome. In paragraph 1, you multiply 17 by 1.618 then multiply it by 0.618. This (fucking naturally) comes out as 17 so you become a prophet who just KNOWS what will will happen next. Then mention a completely irrelevant bubble everyone who's been to Wikipedia knows about to further extend your heroic credibility. Repeat it in paragraph 2, probably just a mispaste. In paragraph 3, copy Wiki some more and talk about an useless pseudoscience with a trendy name which has to resort to assumptions and buzzwords because the standard model of hypothesis -> experiment -> result is too rigorous for its visionary might. There is no freakin' spoon, you do not quit being a sheep by believing someone elses lies, you just switch shepherds.
on Sun, 11/01/2009 - 04:09
#116508
Banks took our money and didn't lend. UAW torpedoes Ford efforts to become cost competitive with GM and Chrysler. Ongoing mind boggling amounts of government waste. No visionary thinking by either party (America's best idea is more housing credits). Water up to the eye balls and nothing has changed. Wherever you look in America, nothing has changed. This is unbelievable.
on Sun, 11/01/2009 - 09:57
#116559
Actually, I think the Corporate party, (of which most of our rapeusentives belong too) is doing quite well.
on Sun, 11/01/2009 - 06:13
#116520
Democracy is when 300 Congressmen can't think of any way to put any pressure on 1 Congressman?
on Sun, 11/01/2009 - 06:20
#116521
The real qustion is why have a lobbyist system ?
Why not have an internet based democratic system ?
Instead of power given to an individual, why not give voting power to those smart enough to own and use a computer ?
The lobbyist system is antiquated, much like having 15 year
old kings and queens.
on Sun, 11/01/2009 - 09:51
#116556
Just like voting without paper ballots (which happens in my state, I can't describe my outrage) I do not trust the powers that be (or other interests for that matter) to not rig/hack the system.
Though it surely is rigged to the teeth now, I will give you that. Those with $ get their legislation through and candidates in. Those without can go to hell.
on Sun, 11/01/2009 - 06:28
#116523
This is just more proof positive that the US needs structural changes with regards to its government.
It is becoming clear that the lobbyist system has had its day in the past, and has failed miserably to own up to the interests of the people.
The Senate/House/President system itself has become as antiquated as kings and queens.
How about an internet run government whereby the actual people run the system.
The US system has just become a gamed advertising system whereby the winners are those that advertise the most , and the advertisers that get their money.
The goverment has just become a group of pimps.
on Sun, 11/01/2009 - 06:50
#116525
WE need ZH television!!!
on Sun, 11/01/2009 - 09:27
#116547
we need zh firearms.
on Sun, 11/01/2009 - 10:00
#116561
I need to get off my ass and get a ZH hat. A towel would be nice too but probably wouldn't work.
on Sun, 11/01/2009 - 07:04
#116527
This is zulu's first post. Thank you Tyler & co for granting me inclusion on your site. So glad the Interpol backcheck came back favorably. (I was able to buy 3 guns in the time it took to get approval to post here - I love this country!)
Rep. Watt is a financial services hack to the nth degree. Over 45% of his re-election warchest comes from FIRE.
http://blog.sunlightfoundation.com/2009/10/09/top-financial-services-com...
What conflict of interest?
on Sun, 11/01/2009 - 08:48
#116539
Shocked, completely shocked, NOT. Another WS Tool
+1000
on Sun, 11/01/2009 - 07:27
#116530
Makes sense that Mel Watt would be chosen to pull the trigger on this one. The boundaries of his district were carefully engineered (check it out on a map: http://en.wikipedia.org/wiki/North_Carolina%27s_12th_congressional_district). He is unbeatable.
on Sun, 11/01/2009 - 09:55
#116560
"He is unbeatable."
Baseball bat dude...
on Sun, 11/01/2009 - 07:51
#116533
Many of the posts here touch on what I consider to be one of the great mysteries: Where has people power gone?
May 1968 saw the French Republic virtually brought to its knees as students and workers united in a general uprising.
The late 1960's and early 1970's were dominated by the anti Vietnam War movement.
In the UK in the 1970's we had miners' strikes, "The Three Day Week" when power was rationed and in 1979, the "Winter of Discontent" when pretty much the entire country was on strike. And in 1990 we had the "Poll Tax Riots" which forced even as stalwart a character as Margaret Thatcher to perform a sharp U turn.
In 1989 we saw the fall of the Berlin Wall as the peoples of Eastern Europe united against their tormentors and threw them to the wolves.
The anti apartheid movement of the 1970's and 1980's eventually succeeded in allowing Nelson Mandela to assume the mantle of South Africa's first black president, following 25 years incarceration in the prison on Robin Island for "political" offences.
Since then, at least in the western world, people power seems to have virtually evaporated. Students, if they have any political interest, tend to be seduced into the "climate change" and environmental lobby.
Meanwhile fundamental freedoms that our forefathers fought so long and hard to achieve, appear to be under threat as never before. In the UK we have a DNA database which holds the details of 1 in 10 of the population, and a new database is being established under the guise of child protection, where it is estimated that the personal details of some 20% of the population will be compiled, and this not just factual data, but any rumour or hint of suspicion that a person could be suspect. CCTV cameras abound, and it is estimated that people are on average photographed some 300 times per day.
The interesting thing is that almost all these systems of surveillance and control have been introduced by that same generation who were themselves out on the streets protesting against the Vietnam War etc. Which I think probably goes to give credence to my father's old adage; "If you want a 50 year old fascist, start with a 20 year old socialist." His reasoning being that there was little to choose between the two; fundamentally they both felt that they knew better than anybody else, and were blind to democratic niceties if you disagreed with them.
If you consider the course of human history, the window during which the ordinary Joe has been free to say and think what he pleases has been minute, and it may well be that that window is now closing. Imagine what the Nazis could have done with today's technology.
I would say this to the young people of the west: Because you have been born into a free society, don't automatically assume that you will die in one.
on Sun, 11/01/2009 - 09:02
#116541
One third of our population is functionally illiterate. Some god awful high percentage of the remainder doesn't have clue one about basic government, who their representatives are or what they do; don't look at their paychecks and truly notice the deductions ( withholding;SS; Medicare ); have no idea of how the money is (mis-)spent; most think the deficit is the national debt, but don't get either concept anyway; any focus they have is on the sleight of hand issues: health care; abortion; gay rights; and of course now we have college and pro football, world series, NBA, NHL, etc. I'd add here CNBS but no one left to watch that.
I do believe their is a palpable sense of unease though, that make shake the citizenry out of their focus on shiny objects, but it will take a leader. Some completely non-partisen fellow/gal to say STOP:
- Their must be a multi-decade plan put in place, NOW, to balance the budget. Their will be many painful cuts across the board.
- Throw out the idiotic tax code, and institute a KISS system that promotes fairness, and promotes business competitiveness relative to other countries ( and inovation ). We will need real charity going forward, it must be fully tax deductible. Real sustainable job creation has to be the one true goal.
- The Fed must be audited today. We must now where every cent has gone; its current status; plan to re-coup the funds, with timeline, etc. WE WANT OUR MONEY BACK, AND PROSECUTIONS OF CRIMINALS AND TRAITORS.
- Where exactly has the stimulus gone, dollar by dollar, thank you? Again, where, current status, jobs created, really, please identify specifics and quantify.
- no more bailouts of any kind. Plans to reverse government ownersghip of bailed out compnanies, with timeline, action items., etc.
- All major legislation ( health care; cap and tax: etc ) on hold until we have our fiduciary house plans in order. STOP.
- all future bills will be short, concise, and published on a taxpayer accessible website minimum 30 days prior to any vote.
- an easy to use website, map of US, where a voter can click his/her state, and contact thier reps, regarding thoughts on upcoming legislation, etc. Once per voter per month, so as to not be abused
- All members of Congress, Ex. Branch, and Judicial will be IRS audited every year; its part of the job
- All members of Congress shall post monthly expense reports, same website as before ( junkets, etc )
- Congress will never pass any bill they themselves are not affected by ( health care; pensions; etc )
Voters need to forget labels like Democrat, Republicam, Libertarian, whatever. The only label is Representative, and voters need access to their actions, we have had enough of their promises and words.
on Sun, 11/01/2009 - 10:03
#116563
Not a bad start.
on Sun, 11/01/2009 - 09:29
#116548
too bad charlotte is going the way of the crapper. mel watt i bet you have had so many steak dinners paid for by the kind folks at wachovia and bac. you are a traitorous goon who has no business being on this committee, save for your district's absolute reliance on cheap money blowing over north carolina from up north.
on Sun, 11/01/2009 - 09:53
#116558
Why are there no civil disobedience actions being taken , why are people complacent? Because:
WE NEEDED A DEPRESSION TO RESHUFFLE THE DECK! and so what we got was the recession, the pacifier is back in the collective mouth of those that don't care about the big picture as long as they have a piece of the pie. Fear of restructuring was the problem so we passed on the power to the oligarchy.
Vote DEPRESSION next time if you want change!
on Sun, 11/01/2009 - 10:06
#116565
The system is too corrupt and bloated to ever function well again. It has grown too large to reform. Destruction either through its own implosion or through active secession seems the only way to restore individual rights and citizen control. The two party system funded by the Fed's monetary manipulation and excessive taxation to the benefit of the elite will never be restrained to the enumerated powers designed to protect the common good.
on Sun, 11/01/2009 - 10:33
#116583
I'm shocked. SHOCKED!!
It's a two party system - what do you expect. Things won't change until the electorate gets violent.
on Sun, 11/01/2009 - 10:34
#116585
I was pretty impressed that the bill had 300+ signers, but now I'm beginning to wonder if some them signed on with the assurance from their leaders that the bill would be gutted. That way they could say to their constituents that they voted against big finance, all the time knowing no meaningful actions would be taken against their true masters.
on Sun, 11/01/2009 - 11:22
#116596
Folks, it is time we all sent Mr. Watt a fresh set of knee pads. His must be worn thin by now. POSMF. I am so sick of complecence.
http://www.youtube.com/watch?v=MYqwb7klQK8
http://www.youtube.com/watch?v=6lzb-jYZrLE
Hey, Watt staffer...and secret squirrel What's it like?
http://www.youtube.com/watch?v=2Ra-CFL7BkA
- Layne
on Sun, 11/01/2009 - 11:26
#116609
damn miles thanks for the time warp to the early 90s. youve inspired me to dig up pretty hate machine
on Sun, 11/01/2009 - 11:31
#116611
Just as long as you're inspired and engaged.
on Sun, 11/01/2009 - 11:47
#116619
Why are there no civil disobedience actions being taken , why are people complacent? Simply because WE NEEDED A DEPRESSION TO RESHUFFLE THE DECK! and so what we got was the recession, the pacifier is back in the collective mouth of those that don't care about the big picture as long as they have a piece of the pie. Fear of restructuring was the problem so we passed on the power to the oligarchy. If you get this then you'll understand it all. There is no win win but there could have been an all lose to begin over.
A depression would have proven them wrong, it was the opportunity of the century missed..
on Sun, 11/01/2009 - 12:50
#116653
You cant't audit the fed and you cant audit the GOLD
good insights and work (there's nothing left)
http://www.marketskeptics.com/2009/10/gold-market-reaching-breaking-point.html
on Sun, 11/01/2009 - 12:51
#116655
How is it that Watt has the power to do that and 308 Congressmen can not stop him? Why aren't the 308 Congressmen telling Watt to stuff it and bring the bill to the floor? Is this a democracy or what?
on Sun, 11/01/2009 - 13:18
#116671
I agree that people power is the answer, but am in agreement that most of the American citizenry dont have a clue. Meanwhile, if you didnt e-mail traitor Watt on his website, you are part of the problem. And get your ass out there with the protesters. You know that commenting here is merely venting. Outside, people see groups with legible signs as they drive by, and some begin to actually think.
on Sun, 11/01/2009 - 14:34
#116710
Our politicians are corrupt whores and contacting them is a waste of time. They won't listen to you and probably won't even respond to your contact. Even if they do respond, it will be a patronizing form letter that doesn't address your concerns.
Mel sure doesn't care, he's get a safe seat that he can't lose unless he gets caught screwing a young boy. Getting caught on the "down low" is about the only thing that will get a black ghetto politician voted out of office.
Short of armed revolution, the only semi effective actions you can take are:
(1) Vote against every incumbent - no exceptions.
(2) Don't contribute any money to either the Democratic or Republican party. If their solicitations for money include a postage paid response envelope, mail it back with an obscene suggustion.
(3) If somebody starts a credible third party, support it.
(4) Boycott Citibank, JP Morgan, Bank of America, Wells Fargo, Goldman Sachs, State Street, and Bank of New York. If you have an investment account with them, transfer it to a smaller investment manager/broker. If you have a cd or savings or checking account with them, close it and transfer your money to a credit union or community bank. If you have a credit card with them, close it and transfer to a smaller provider.
Unfortunately, probably none of these actions will work. But at least you'll know you tried.
on Sun, 11/01/2009 - 16:42
#116772
PEOPLE!!!!
Ring this muther fuc23#'ers phone OFF THE HOOK this week, and demand to know why this man is hell bent on LYING TO THE AMERICAN PEOPLE!!!
Rep. Mel Watt. DC: Tel. (202) 225-1510
on Sun, 11/01/2009 - 17:51
#116818
okay...there are a lot of comments and I may have missed one or two on point, but...
This is a Ron Paul problem. He didn't see this coming? No one inside the beltway thought this bill was going to the floor in its original form. Paul should have expected this. What was he thinking? The Fed is not going to take this assault and do nothing. This is bad bill management.
Second, even if this had made its way to the floor without substantial changes, what would have happened in the Senate? The only way this audit had/has a chance is if there is a serious public relations campaign put in-play to attack the fed for being as bad at regulating as the SEC. This should not be hard, but again, people must understand that the fed hired a PR heavyweight to work with Bernanke. As one of the great opaque agencies in the federal system the Fed has enormous power; power that it can easily focus. The House of Representatives is certainly powerful but only if the Speaker and key committee chairmen are "on board." Do readers at Zero Hedge really think Ron had the votes in the House? Do we think he has the votes for cloture in the Senate?
Nice idea Ron. If you want to make this happen you'll need the full resources of Zero Hedge...drop a note to Tyler and Marla, they know how to find me.
on Sun, 11/01/2009 - 19:50
#116898
http://truthingold.blogspot.com/2009/11/ron-pauls-audit-fed-bill-has-been.html
Sunday, November 1, 2009Ron Paul's Audit The Fed Bill Has "Been Gutted" By Bank of America's Monkey in CongressRemember in September when Barney Frank got in front of t.v. cameras and told the world that his House Finance Committee would vote on Ron Paul's Bill in October? It's November 1 and no vote. Now we know why.
The Federal Reserve has spent millions, employing Alan Grayson's "K Street hooker," lobbying to get this Bill destroyed (the woman about whom Grayson calls "a K Street Hooker is the former Enron chief lobbyist hired by the Fed to fight an audit bill - K Street is the street in DC where many lobbying firms are headquartered).
Mel Watt, the corrupt monkey from North Carolina, undoubtedly with Barney Frank's corrupt blessing, has accomplished the castration of Ron Paul's Bill, which has over 75% support from the U.S. population.
on Sun, 11/01/2009 - 22:03
#116973
The Senate has their version called the sunshine act sponsored by Bernie Sanders of Vermont. It has almost thirty co-sponsors but ost senators won't dare buck the banking establishment. It just costs too much to run a senate campaign and we know who has all the money. Both of these bills would have to be passed and then go to reconciliation where the real dealmaking happens. This whole thing is months away if it ever sees the light of day. Once again Joe Meatball loses. That's ok joe - keep watching your football and such.
on Mon, 11/02/2009 - 01:34
#117059
Maybe I am insane, but if I was one of these congress people, I might just take my whip out on these bankers and crack it hard to remind them of who has the power. "In line bitch! Stop your shit or you are going to spoil our good thing." If enough of them did it, I don't think the lobbists would necessarily contribute less to their campaigns. They may even contribute more and "heel" better.
on Mon, 11/02/2009 - 03:01
#117069
The cumulative angst and pervasive helplessness issued forth in these posts represents a mindset that has taken America by storm. There may be black helicopters (or Bernanke copters) but the truth of this corruption will be exposed.
In this country unlike others we have a prescription ... get involved ... run for office ... encourage others to do the same ... and support those who you know as honest and forthright ... support them with your wealth.
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