• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Enjoying Coffee at the Lodge with Jesse

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Thu, 03/17/2011 - 23:51 | 1069980 JW n FL
JW n FL's picture

The Majority of "We the People" are stupid.. and you just cant fix stupid.

I am all for educating the idiots.. and I try, day in and day out.

But at some point either we are going to have to do a better job of educating "We the People" so that the popular vote is with "restraining the Banks" or we will be working against the will of the broader populace.. regardless of how ignorant they are and regardless of how much it is for thier own good.. if we do not have the popular vote behind us..

I am all for any plan to educate and build consensus so that we the few may be the many.. more quickly, faster and / or now works for a time frame.

Sign me up, my time and brain are on board for any concerted effort to effect change we all can really believe in.

Fri, 03/18/2011 - 10:54 | 1071391 ft65
ft65's picture

JW n FL / ^TrInIty^ / HB Gary operator... Why don't you just switch sides to the elite or are they no longer recruiting mindless murderers? Get your meds. sorted. Sucks to be you?

Fri, 03/18/2011 - 02:39 | 1070311 Advoc8tr
Advoc8tr's picture

"When will we decide that educating the broader populace is almost impossible and move into the gray area? "

 

I think you are right ... there is a limit to how many can be reached unless the MSM apparatus can be infiltrated. I have often wondered why free to air television signals haven't been hacked into or studios hijacked and the like ... that few minutes with a well prepared, pre-recorded  message would reach untold millions whos curiosity would be aroused and they would then come looking for more.

I mean how hard can it be given they hack into defence systems, governments and private organisations all the time?

 

Fri, 03/18/2011 - 00:09 | 1070018 stephysat28
stephysat28's picture


PROMOTE ADULT LITERACY BY TEACHING

I'm in!

People are scared!

Thu, 03/17/2011 - 23:31 | 1069923 linrom
linrom's picture

Billions of people with no practical skills must be fed, clothed, and housed

 

Congratulations, you just figured out what the real economy is all about---those are the people that make up the real economy.

Thu, 03/17/2011 - 23:17 | 1069895 thegr8whorebabylon
thegr8whorebabylon's picture

Luv the Jesse.  Gentleman Jess.  He who sees the boot upon our face, the print, the trace.

Jesse's Cafe Americain http://jessescrossroadscafe.blogspot.com/

go get em cowboyz ;)

Thu, 03/17/2011 - 19:20 | 1068960 kevinearick
kevinearick's picture

Love, Compromise, & Negotiation

Loving another more than self and having that love returned in a feedback loop, as an example to children in a natural marriage, is the one and only path to economic profit. An empire redistributes the resulting wealth by establishing a self-reinforcing feedback loop between anxiety and addiction to temporary relief from anxiety, providing both demand (replacement of parental education) and supply (government), which fuels the nexus of corporate participants. At the peak consumption half-wave, nearly everyone is participating, locked into the gravity of, a collapsing empire.

The fuel is exhausted and the empire hits the wall when investment in the economic profit function is entirely shorted to the ponzi credit system rewarding consumption with lucrative make-work jobs, by Family Law. Civil marriage is nothing more than an exchange of property with a thin coat of desire called love, which, at peak degradation, is a mere exchange of bodies, never in union, replicating a movie or tv show, as the future is cast away to meet immediate practicalities, which are outcomes from the same decision habit in the last round.

There is much more to the story of Jesus than that agreed upon by a covenant of priests to form the Bible, which, like all religious texts, is an act of omission at best. That is why we have science attempt to prove that God does not exist, to identify the boundary of imperfect knowledge. God is unknowable; the closest thing to God on this earth is a natural marriage unfiltered by the false anxieties of empire economics.

For the kids with practical skills in quantum physics as it applies to motor control, the nation/state borders are artifacts of a world that no longer exists, and the empire is accelerating time to collapse by squirming to prevent the outcome already assured, when impulses from measurable habits were replaced by immeasurable habits. Many, many tiny sub-fulcrums support the visible empire mega-fulcrum. Within these unseen sub-fulcrums are connector sub-fulcrums, which are free to migrate at will.

The entitlement babies are free riders bred to seek out free, by a collapsing empire. Cops, firefighters, teachers, and doctors are all massive loss leaders under existing American enterprise system conditions, which is why the private middle class has disappeared and the economy is crashing. The new middle class will require many effective farmers, nurses, and electricians, to replace most of the existing.

Personally, I have already given up 2 wives, 3 daughters, countless jobs, 75% of my income, and all of my identification papers to a government of free riders, demanding more and more of my wealth, and telling me that I must work stupider and stupider, for stupider and stupider government money, while the legacy families turned non-productive real estate into atm machines to the end of liquidating the middle agents after they tried to liquidated me. The days of compromise and negotiation have concluded.

Billions of people with no practical skills must be fed, clothed, and housed to prevent a collapse of biblical proportions. Good luck with that.

Buckle up. Have a nice day.

4 OUT OF 5 SCHOOLS ARE FAILURES.

Fri, 03/18/2011 - 03:51 | 1070368 ebworthen
ebworthen's picture

 

I hear you.

Short version:  the "forgotten man" will bring down the crystal palace.

The Bible speaks of Eve listening to the "serpent" (a penis besides Adam's) and ripping humanity out of Eden.

We are at the tail end of this meme, where Women don't respect men, and men devolve into the Baboon/Gorillas they tried to evolve beyond.  A sad downward spiral of Devolution.

Best of luck...

 

Thu, 03/17/2011 - 21:38 | 1069553 Matte_Black
Matte_Black's picture

Personally, I think you're just trying to get out of child support.

Thu, 03/17/2011 - 23:46 | 1069977 GoinFawr
GoinFawr's picture

++

Thu, 03/17/2011 - 21:26 | 1069492 anony
anony's picture

I plan to be surprised.

Thu, 03/17/2011 - 20:33 | 1069282 blindman
blindman's picture

i enjoy your riveting style of writing,  the way you

make the words do their job rather than letting them

sleep their way through the ideas.  thanks

Thu, 03/17/2011 - 19:57 | 1069135 sellstop
sellstop's picture

kevinearick, your real name is Art Robinson, right?

gh

Thu, 03/17/2011 - 18:55 | 1068816 anony
anony's picture

"...NOW being run by an oligarchy...."?????????

 

What, then, has been happening for the last 50-100 years?

 

 

Thu, 03/17/2011 - 18:21 | 1068633 CB
CB's picture

Nice interview.  I read Jesse every day.

Thu, 03/17/2011 - 20:10 | 1069181 Cheyenne
Cheyenne's picture

Me too. He's the one cat who keeps his grinding ax well hidden, as if there weren't one.

Thu, 03/17/2011 - 18:01 | 1068535 cranky-old-geezer
cranky-old-geezer's picture

I'm sure many people know what needs to be done to fix the system, we hear their constant whining like suday morning preachers.

The system isn't going to be fixed, period.

It's the way it is deliberately, intentionally, not by error nor stupidity.

I like ZH because it tells me what IS happening, not what should be happening.  I know what should happen as well as anyone else.  But I also know it's not going to happen.

I'd like to se TD kick all the system-fixers off ZH.  They're wasting bandwidth.

This article is wothless.

Fri, 03/18/2011 - 05:48 | 1070466 Barefooted_Tramp
Barefooted_Tramp's picture

If we are not able to change the system I am sure 'our' system is going to change us.  It is actually doing it all the time. We are already changed. Maybe we slightly overrate what 'we' can do and underestimate what our little machines are doing to us. 

I am afraid the gimcrack we created can do much more in ten minutes  than we can do in ten lives. I fear they can even do much more than we ever can imagine.

Welcome to Fukushima....

Thu, 03/17/2011 - 19:37 | 1069047 WaterWings
WaterWings's picture

Oh, I get it. GW isn't around for you to pester at the moment.

Thu, 03/17/2011 - 20:09 | 1069119 cranky-old-geezer
cranky-old-geezer's picture

I don't limit my disdain for system-fixers to GW, though he is one of the worst here, he wastes more ZH bandwidth with his worthless this-needs-to-be-fixed trash than anyone else I can think of, except Leo K perhaps.

We should add wailers to that (black)list.  GW spends a good portion of his worthless trash wailing on about evil everyone here already knows about, months (or years) after the fact, again, just like those (worthless) sunday morning preachers.

And plagiarizing the name of one of America's greatest Founders insures GW occupies the #1 spot on that (black)list.

Thu, 03/17/2011 - 20:26 | 1069249 dark pools of soros
dark pools of soros's picture

right and you just want everyone to fix your faucet or something..  

Thu, 03/17/2011 - 20:41 | 1069318 cranky-old-geezer
cranky-old-geezer's picture

What?

Can you explain how your comment in any way relates to my comment?

Hmmm.... didn't think so.

Fri, 03/18/2011 - 00:43 | 1070095 JW n FL
JW n FL's picture

I think we should start by rounding up all the old people who watched this happen for the last 60 fucking years and didnt do shit about it.. but now want to silence the bell ringers...

 

anyone spreading the word of what you useless fucks let happen for the last half fucking centruy is a good guy.. GW does what you lacked the balls to do you whole shit stained life..

 

how about you save me or someone else the trouble later.. and just shove a gun down your throat and off yourself..

 

Old fucking no one.. wants someone who works to educate everyone to shut up? why? you fucking embarassed of what you left us of the world?

 

I fucking hope your children die by fire.. in front of you.. slowly.

Fri, 03/18/2011 - 10:48 | 1071355 ft65
ft65's picture

Quoting JW n FL / Jason Lucas / J.E.W. / GLP ^TrInIty^ whoever you are...

just shove a gun down your throat and off yourself..

fucking hope your children die by fire.. in front of you.. slowly.

~~~~~~~~~~~~~~~~~~~~~~~~~~~

How about practicing as you preach. You'd be doing us all a BIG favour. You are a mighty nasty bit of work I must say.

 

Fri, 03/18/2011 - 05:17 | 1070406 Confused
Confused's picture

+1 

Thu, 03/17/2011 - 18:56 | 1068827 anony
anony's picture

I'm "Unjunking" you.

You're right, absolutely. 

It is totally worthless.

Fri, 03/18/2011 - 05:24 | 1070413 falak pema
falak pema's picture

You guys are totally nihilistic. You don't understand that all despotic systems collapse under the weight of their own crimes since time immemorial. So for humans to survive, thrive, it is necessary to dream up Plan B, Plan C etc. Stop these dreams and this debate and you would never have another hard-on in your head. Just in your belly like every other mammal who humps like a camel, only more often.

Besides, Plato's ghost would junk you, Voltaire's would pee down your nostrils, and Picasso's would paint you with all your orifices wide open to toxic waste. You debase Western civilization's very Raison d'etre. Debate, then go and shag your wife. Pass me the chocolate please, I need a sweeter taste in my mouth after this diatribe.

Thu, 03/17/2011 - 17:34 | 1068458 sundarb
sundarb's picture

The control of monetary supply is the crux of the problem.

As long as a central, monolithic body of private banks controls the money supply, in reality - they control everything. The only way the power can be restored back to the people is to let the money supply and choice of exchange medium be in control of free markets.

Thu, 03/17/2011 - 18:08 | 1068573 Amish Hacker
Amish Hacker's picture

And this is the point that deserves our focus, not some endless argument about what the definition of "inflation" is. Or, put another way, the richest person isn't the one who has the most money; it's the one who gets to decide what will be used as money.

Thu, 03/17/2011 - 20:26 | 1069241 dark pools of soros
dark pools of soros's picture

the money backed by the biggest bombs wins..  and we thought gold and oil meant anything

Thu, 03/17/2011 - 17:23 | 1068434 velobabe
velobabe's picture

rated triple diamond ski run, bitchez†

Most people should stay off the slopes and enjoy their coffee in the lodge.

no jesse and ilene, the ones skiing aren't the enemy, these goobers that sip coffee at the bottom of the ski run are the bankstars. preening.

Thu, 03/17/2011 - 16:44 | 1068257 InconvenientCou...
InconvenientCounterParty's picture

"THE BANKS MUST BE RESTRAINED, AND THE FINANCIAL SYSTEM REFORMED, WITH BALANCE RESTORED TO THE ECONOMY, BEFORE THERE CAN BE ANY SUSTAINED RECOVERY"

Open the aperature before it's too late. We are losing the social fabric beneath our feet. The biomass of the parasites is now 30x the host. The loss of basic values such as rule of law and justice is the deepest wound though. 

Forget asking how do I win under these rules? There are new rules coming... Where will the next "Tunisian torch" come from?


Thu, 03/17/2011 - 18:59 | 1068850 SWRichmond
SWRichmond's picture

We are losing the social fabric beneath our feet.

We've already lost it, as you point out in your next sentence: The biomass of the parasites is now 30x the host.

Thu, 03/17/2011 - 16:43 | 1068249 falak pema
falak pema's picture

Wengen is a place where the Valkyrie maidens always stayed in bed...awaiting their skiing Siegfrid's to come home from his mountain climbing expeditions only to then bang them into Valhalla like satiated butterflies fluttering around Odin's nose. It is the resting ground of Schweizer Deutsch in alpine wunderbar land. Don't get too entranced as if its like Alice in wonderland. As Sigmund Freud made it into head shrinking land... ask Zelda Fitzgerald...Pity they don't eat dried Buendnerfleisch meat and drink Blauburgender wine all the time, instead of counting white washed USD and Euros from all over the world... converted into Snow White Schweizer francs.

Thu, 03/17/2011 - 22:34 | 1069768 steelhead23
steelhead23's picture

One day, the peons will awaken, and see that the secrecy of the Valkyries is allowing the trolls to steal all their bread.  When they do, all of Odin's tricks won't save the Valkyries, Credit Swiss, UBS, or their bastard children.

Thu, 03/17/2011 - 16:45 | 1068263 BigJim
BigJim's picture

It IS possible to be too cryptic, you know :-)

Fri, 03/18/2011 - 01:04 | 1070136 Arkadaba
Arkadaba's picture

+lol

Edit: Love Jesse's site. Insightful comment and links. 

Thu, 03/17/2011 - 17:11 | 1068368 falak pema
falak pema's picture

Allen Dulles loved Schweizer land...that should explain it...So do all big Pharma companies of the world, where they concoct their mystical Frankenstein formulae, (pardon miracle formulae)... and those swiss watch makers...whose handy craft art is more mysterious than ancient chinese silk making...

Thu, 03/17/2011 - 18:48 | 1068778 TheMerryPrankster
TheMerryPrankster's picture

Plus you can buy Cannabis over the counter as an incense or sachet, every house is required to have a safe room that is avalanche proof and they own a lot of guns. The air is clean and you are close to Germany and Italy. If I had a million or two to burn through, Switzerland would be a great place to do it. And then there is the chocolate in its hundreds of varieties.

Thu, 03/17/2011 - 16:38 | 1068217 BigJim
BigJim's picture

Hmmm.

There are three basic ways that ‘money’ is created in this fiat system. The Treasury issues debt to support government expenditures and the markets accept that debt through the Primary Dealers and the Federal Reserve System....And the third method is for the Fed to expand its balance sheet and monetize existing debt...

Two methods, surely. Your first basic way money is created, The Treasury issues debt to support government expenditures and the markets accept that debt through the Primary Dealers and the Federal Reserve System, is either not creating money because the debt is being bought, or is creating money, if the Fed monetises it... in which case, why have you listed this latter money creation method as a separate third method?

Inflation can mean many things to many people including a simple supply-demand imbalance, including a general slump in demand because of some business cycle fluctuation.

A slump in demand would lead to deflation, surely? Fewer people chasing after the same quantity of goods... unless you mean, lower demand leads to lower production, so economies of scale are reduced, leading to higher prices?

Thu, 03/17/2011 - 21:39 | 1069556 robobbob
robobbob's picture

my take on his references

1) issuance of Treasuries as debt backed directly by the USG. When demand is good the market absorbs them. When the TB is seen as junk, the Fed steps in and creates the market for them by "printing" 

3) is the purchase of private issues such as toxic MBS and the secretive purchase of equities that directly injects cash into the hands of the TPTB. Where did the cash come from? Maybe one day the magic audit will take place. I know what my guess is.

Thu, 03/17/2011 - 16:18 | 1068140 Psquared
Psquared's picture

I like Jesse's website too although he pays too much attention to metals. What I want to know is basically simple. Is the FRB actually buying stocks on the open market? If so, how is the account setup and how are those stocks held? My guess is there is not a brokerage account at G.S. in the name of the Federal Reserve Bank of NY or some other related entity; rather, the stocks are bought via proxy in various accounts in the names of either fictitious persons or the brokerage firms themselves (house accounts) fbo FOMC.

Bernanke has been asked numerous times before Congress if the Fed owns stocks and he has consistently denied it. That may be technically correct if there is no account in the name of the FRB.

Thu, 03/17/2011 - 16:10 | 1068106 connda
connda's picture

Oh look!!! Rahm Emanuel was elected mayor of Chicago!!! Suprise, surprised, surprise!!!  Who would have guessed???  Didn't see that coming...

God, if the sheep would only wake the F**K up!

Fri, 03/18/2011 - 06:27 | 1070494 barkingbill
barkingbill's picture

land of free - dumb

Thu, 03/17/2011 - 22:22 | 1069720 sgt_doom
sgt_doom's picture

Exactamundo, connda, exactamundo, my good citizen, and you have unfortunately proven an earlier comment of mine.

Those stooges who wondered how Adolph Hitler could ever have been elected need only gaze at the governors of Wisconsin, Michigan, Ohio, Florida, and probably elsewhere.

What complete douchebags would ever elect Rahmo???

It beggars disbelief.....

Thu, 03/17/2011 - 20:23 | 1069222 dark pools of soros
dark pools of soros's picture

what's the next 75 year lease deal on the table??  he'll probably outsource breasts examines

Thu, 03/17/2011 - 16:36 | 1068229 penisouraus erecti
penisouraus erecti's picture

quit rubbing it in...........

Thu, 03/17/2011 - 16:10 | 1068098 THE DORK OF CORK
THE DORK OF CORK's picture

The system is dead  , long live the system.

Thu, 03/17/2011 - 15:54 | 1068023 tony bonn
tony bonn's picture

come on ilene!!! this was very good...thank you for a dose of truth...

Thu, 03/17/2011 - 15:53 | 1067993 SWRichmond
SWRichmond's picture

There will be no recovery for the middle class until they assert themselves.

I'll take a shot at that. 

Each time we try we are called "racists," or worse.  Then we throw out the in-party and replace them with the only currently available alternative within the corrupt and co-opted phony two-party system, and they immediately ignore us, too.  We demand fiscal restraint, but we are outnumbered.  Much of the "middle class" you speak of is now made up of government employees, and they have no taste for government cuts.  They are all too willing to hang additional weights around the shrinking numbers of necks of the producing middle class.  They also have lots of vacation time and understanding supervisors who are willing to let them off to demonstrate, and accept falsified doctors' excuses.

It is not so easy for us to so this thing you call "assert" because we are not wealthy, we are too honest (unlike the left, who immediately transition to lawlessness when threatened as in Wisconsin), and we have to work to stay alive so we have little time for political activity.  The options we retain to do this thing called "assert" become more and more limited.  A society that undulges itself in overt abuses and does not correct them is doomed.  This is an all-hands-on-deck affair.  Everyone will suffer when this crash comes; groups will be pitted against each other in a last-ditch effort at hiding the real culprits.  The wealthy / media will attempt to cast it as the middle class against the poor; they will not get away with it.

 

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