The Fed As A Reverse Robin Hood

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Wed, 07/06/2011 - 08:58 | 1429187 wandstrasse
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reverse Robin Hood is Dooh Nibor, sounds a bit like LIBOR.

Wed, 07/06/2011 - 09:11 | 1429234 e_u_r_o
e_u_r_o's picture

Dooh, steal from neighbour!

Wed, 07/06/2011 - 09:20 | 1429268 bigdumbnugly
bigdumbnugly's picture

robin hood.  banksters in tights?

Wed, 07/06/2011 - 09:39 | 1429340 Cognitive Dissonance
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Sounds like a job for Super Banzai7.

Who has the Banzai7 signal light?

Wed, 07/06/2011 - 09:30 | 1429311 snowball777
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NIBOR: the Neighborhood Bank Origination Rate...also known as the fee at the check-cashing joint.


Wed, 07/06/2011 - 08:59 | 1429188 GeneMarchbanks
GeneMarchbanks's picture

Steals from the poor and gives to the rich!

Wed, 07/06/2011 - 16:16 | 1430799 Buckaroo Banzai
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Stupid bitch!

"blimey, this redistribution of wealth is trickier than I thought!"

Wed, 07/06/2011 - 08:59 | 1429191 Mercury
Mercury's picture

 "To the extent that Federal Reserve policy is driving equity prices higher, it is also likely widening the gap between the haves and the have-nots....The disparity between the net worth of those on the top rung of the income ladder and those on lower rungs has been growing.

So, replace SNAP cards with IWM shares?

Wed, 07/06/2011 - 08:59 | 1429194 oogs66
oogs66's picture

best title ever!

Wed, 07/06/2011 - 09:02 | 1429197 Cognitive Dissonance
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The Fed As A Reverse Robbing Hood

Fixed it for ya Tyler. No charge.

Wed, 07/06/2011 - 09:46 | 1429364 Paper CRUSHer
Paper CRUSHer's picture
Hey,hold on a minute there dammit. I'll fix ya both: by Paper CRUSHer on Fri, 07/16/2010 - 09:12






Surcharge.....You'll  both receive a bill later.

Wed, 07/06/2011 - 09:01 | 1429199 snowball777
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Have faith, supply-siders! Just keep those mouths open and skyward...the trickling will commence any minute now.

Wed, 07/06/2011 - 09:04 | 1429203 Cognitive Dissonance
Cognitive Dissonance's picture

Like this?

Are those Fed teats government approved?

Wed, 07/06/2011 - 09:06 | 1429214 wandstrasse
wandstrasse's picture

what is this??? looks like the foundation of a PIIGS country... just with a wolf instead of a pig.

Wed, 07/06/2011 - 11:04 | 1429675 Ghordius
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The she-wolf is actually Etruscan and at least two centuries older than Rome.

The cute little rascals were added in the Renaissance and depict two politicians at work.

Wed, 07/06/2011 - 09:06 | 1429217 GeneMarchbanks
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Very gross. Yet... pretty accurate.

Wed, 07/06/2011 - 09:08 | 1429224 the not so migh...
the not so mighty maximiza's picture


Wed, 07/06/2011 - 09:11 | 1429232 Mercury
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The fall, not the birth of Rome is more appropriate here...

Wed, 07/06/2011 - 09:18 | 1429258 Cognitive Dissonance
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This was the fall of civilization. At least for anyone who stood in front of the Romans. Sounds a bit like the USA nowadays.

How many wars is the USA involved in today? Isn't the USA trying to use force to expand its economic insanity. Aren't there all those undeveloped countries just begging for the USA to straighten their asses out? 

For the first 500 years the Romans were not the smartest kids on the block. Just the most brutal and organized. They stole most of their technology and then adapted it to their needs.

Not a perfect analogy, but it works.

Wed, 07/06/2011 - 09:34 | 1429300 Mercury
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Hey, they invented concrete and they weren't bad at infrastructure in general. You could have done a lot worse than have been born citizen of Rome during the republic era.

Wed, 07/06/2011 - 09:37 | 1429326 Cognitive Dissonance
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That's exactly the type of technology (civil engineering and infrastructure) they stole and then adapted and improved upon. And they invented hydraulic concrete that sets under water, not concrete.

And that's also exactly what you could say about being a US citizen today. Well, if I'm going to be a whore I might as well be a well paid and pampered one.

Wed, 07/06/2011 - 09:41 | 1429358 Mercury
Mercury's picture

Well they didn't invent conquest either, they just improved upon it. 

Organization and the effective exploitation of technology is pretty much what civilization is.

Wed, 07/06/2011 - 10:07 | 1429459 Cognitive Dissonance
Cognitive Dissonance's picture

I already agreed the Romans were very good at what they did. And so is the USA.

That doesn't make them smart or creative or even industrious. Brutality has a way of making you look smart simply because you get what you want when you want it. The old Might Makes Right writ large.

Wed, 07/06/2011 - 10:39 | 1429586 Mercury
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I'm not sure the Romans were more brutal than other contemporary cultures in their corner of the globe (or most others).  At the time human life in general was nasty, brutish and short for the most part (and may yet be again!).

Many of their achievements alongside and despite  their brutality became the building blocks for subsequent civilizations that ultimately made such brutality much more rare.

Wed, 07/06/2011 - 10:56 | 1429651 Cognitive Dissonance
Cognitive Dissonance's picture

Efficiently Brutal. You either joined or you were killed or enslaved. Period. No quarter given. And no, not everyone was like that. This is one of the myths we propagate in order to rationalize and justify the insanity. That old "Human Nature" thingy. Of course our history books will paint a picture that justifies all that has passed and explain all that comes our way.

The winners write the history book and today's winners revise the history books. Thus they will not paint an ugly or true picture if it doesn't serve a greater purpose. History is propaganda written by propagandists. And yes, it is in their best interest to show the Romans are brutal, intelligent and creative etc if that image supports other myths and perspectives being promoted today.

We are already seeing the so called history books written about both modern Iraq wars that don't paint a true picture, but do flatter the "victors" including calling them brave, industrious, kind hearted, fair and just etc. 

Wed, 07/06/2011 - 11:06 | 1429685 Ghordius
Ghordius's picture

CD, I thought you were a gentle soul! You are shocking me!

What are you missing, the triumphs and the executions of the enemy's leader? ;-)

Wed, 07/06/2011 - 13:26 | 1430240 Cognitive Dissonance
Cognitive Dissonance's picture

That's the danger of contributing articles and also spending a great deal of time in the comment section. People get to see the real me and not just the one they imagine after reading my articles.


Wed, 07/06/2011 - 09:59 | 1429385 DaveyJones
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has anyone listened to the interview with Julian Assange in London this week? A rare public appearance. Interesting discussion on censorship and technology 

Wed, 07/06/2011 - 09:50 | 1429388 SmoothCoolSmoke
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Rome lasted 1200 years, and called the shots for their part of the world for 2/3 of that time.

The USA is struggling to make it to 250 years........... so don't dis the Romans so easily.

Wed, 07/06/2011 - 09:12 | 1429238 snowball777
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Shift Rom and Remus there a little aft and you've got the basic idea.

Wed, 07/06/2011 - 09:28 | 1429298 Cognitive Dissonance
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Milk, milk, lemonade, around the corner fudge is made.

Wed, 07/06/2011 - 09:52 | 1429396 DaveyJones
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it hits us before the fan

Wed, 07/06/2011 - 09:14 | 1429244 Superslam
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Nice tits.

Wed, 07/06/2011 - 09:53 | 1429403 oldmanagain
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Plus ten.

Austrians unite, save the rich.  So  true.  Supply side is the greatest hoax.

Those that knee jerk against redistribution are walking in their economic sleep.  When the bell tolls, it tolls for thee.

Wed, 07/06/2011 - 09:05 | 1429208 Greeny
Greeny's picture

US Retail Sales up 0.9% in June VS May.

Wed, 07/06/2011 - 09:06 | 1429209 Alcoholic Nativ...
Alcoholic Native American's picture

100%......... predictable.

Wed, 07/06/2011 - 11:49 | 1429883 Urban Redneck
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Yes.  Ironically, the poor got exactly what they wanted - the tax disparity matches the incomedisparity (with a odd anomaly for a small fraction of the top 1%).  By seeking to eliminate taxation of the lower and middle classes they are rendered irrelevant in the perverted congressional minds seeking primarily to refill the slop through.  And since the anomallous .0001 have a larger share of a larger pie available to maintain their "all animals are equal, but some are more equal than others" status, the practice will continue until the system collapses.  

Wed, 07/06/2011 - 09:06 | 1429215 LetThemEatRand
LetThemEatRand's picture

But wait, all of my Tea Party heros keep saying that Obama is a socialist and that he hates rich people. 

Wed, 07/06/2011 - 09:09 | 1429226 Alcoholic Nativ...
Alcoholic Native American's picture

Teabaggers are truely the wize village elders in this great country of ours.

Wed, 07/06/2011 - 09:54 | 1429409 Lednbrass
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And on the flip side of that, every time I make this argument to a leftist going on about income inequality they flip out and defend the Fed.

Real smart people those- howl about the corps and banks yet defend the tap root that feeds them to the death.  Right now the very statist left are some of the biggest Fed defenders in the US.

Odd how in my lifetime they went from "Question Authority" in 1970 to "How dare anyone question my Authoritah!" shameless apologists for the state in 2011.

At least the Tea Party folks are having some impact- the left is nothing but a rabid watchdog for the establishment now.

Wed, 07/06/2011 - 13:21 | 1430212 karzai_luver
karzai_luver's picture

There can be little doubt that "the left" or what's left of it is nothing more

than a shrill whore that has given up even the hope of any moral



Anyone that votes for them in the U.S. will get the horns and deserve it.

The last lefty prez was Nixon, at least as the left was defined in the U.S.

in the last 50-60 years,Clinton(s) finished off what remained of any left with

a moral stance here.


Pure scum that lot. Lies and debauchery with a fiendish grin and an aw shucks.

Perfect swill for the usless eaters in this country.


That a fascist liar such as Obama was spawned should be all the proof one needs.

That the idiot left actually projected all their lies and foolishness onto him

and thought he was their lefty lion on a white horse was horrifying to observe.


Well hope and change next time fools.



Wed, 07/06/2011 - 09:07 | 1429218 MsCreant
MsCreant's picture

They keep robbing and my gold and silver keep going up. Hmmm...I have mixed feelings about this.

Wed, 07/06/2011 - 09:19 | 1429230 Cognitive Dissonance
Cognitive Dissonance's picture

Survivors guilt syndrome. With some therapy sessions, which you will be able to pay for with your Gold and Silver, you'll be fine.

Take two Gold Eagles and call me in the morning.

Wed, 07/06/2011 - 09:19 | 1429267 MsCreant
MsCreant's picture


Wed, 07/06/2011 - 09:21 | 1429272 wandstrasse
wandstrasse's picture

this brings me to a different question: I have a few silver eagles. 'ONE DOLLAR' is printed on them. Does this mean I can go to a US (central) bank and redeem each of my coins for ONE FULL DOLLAR? If yes, wow, I am going to book a flight to the US of A and ....

Wed, 07/06/2011 - 09:31 | 1429314 Cognitive Dissonance
Cognitive Dissonance's picture

Technically the Gold and Silver Eagles are legal tender and can be redeemed for their face value in the almighty dollar.

BTW the USA is still looking for a few more good suckers. Positions are still available, but call now because they're going fast. :)

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