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Guest Post: Let Them Eat Mud Pie

Tyler Durden's picture




 

Submitted by Mike Krieger of Kam LP

Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.

– Sir Josiah Stamp, former President, Bank of England

Dr. Bernanke unfortunately does not understand economics, he does not understand currencies, he does not understand finance.  All he understands is printing money.

– Jim Rogers at Oxford University yesterday

Let Them Eat Mud Pie

The monetary and financial system that we are enslaved under at the current moment in human history has recently transformed itself into one of the most immoral and destructive forces the world has ever seen.  The reason many citizens in America cannot see the extent of it at this time is because the Federal Reserve in coordination with Washington D.C. and the money center banks are doing everything in their power to keep you blind and complacent while they rob you blind.  Many of the people in these institutions are not cognizant of the theft they are engaging in as they are either useful idiots or so wrapped up in their ego and false belief that they are making the paycheck they are based on some useful skill rather than simply working at the institutions that are instrumental in carrying out the ponzi scheme.  You see, at the highest levels the elite must understand that the U.S. is flat broke; however, an admission of this would mean loss of power and possibly criminal prosecution.  As a result, they have zero, I mean ZERO interest in the outcome for the general public and will do “whatever it takes” to quote Ben Bernanke to cover up their economically fatal mistakes and keep the mirage alive.  As I mentioned above, there are two main segments that are crucial to keeping the ponzi scheme going, Washington D.C. and the big money center banks.   This is why the Federal Reserve is quite purposefully directing all of the new money they are creating out of thin air into these two already bloated and corrupt cancers on the American landscape. 

Now that the elections are over I want to really zero in on the Fed and the banks because the power union that these two comprise are the biggest threat to liberty, freedom and any potential future economic prosperity.  In order to engage in another round of printing money (QE2) Ben Bernanke has started to just make things up and mislead on a level that is so egregious it would make even the most dovish central banker blush.  Many of Bernanke’s recent lies and misleading statements can be found in this piece by Karl Denninger that is a must read http://market-ticker.org/akcs-www?singlepost=2245666

The most incredible one is that this completely disingenuous man is telling us that inflation is too low according to what the Fed considers price stability.  What?  First of all the PCE core was +1.2% in September and the CPI ex-food and energy (which is a fraudulent joke to begin with) was +0.8%.  So even using the government’s completely false and Orwellian definitions of inflation, prices are rising about 1% a year.  How is this not consistent with price stability you ask?  I will tell you.  The Fed does not work for you the citizen it works for the banks and the elite.  You see, the Fed and the elites in the United States all deserve to lose their positions of power and status because in their greed and lack of wisdom they completely hollowed out the U.S. economy and allowed all our jobs to move overseas while we fostered a nation of well paid paper ponzi scheme creators.  Because this is all we have left and since this class has all the money, the Fed and Washington D.C. answer to them and them alone.  The dirty little secret of it all is that many of these fabulously wealthy people are not particularly bright or talented.  Sure they know how to create a paper scam to rip off the ignorant but mainly they are just taking advantage of a rigged game and since they are devoid of any human compassion or morality they never think outside of themselves or the tiny world they live in.  Many of these players made horrific bets in the height of the real estate bubble that are linked to residential and commercial property.  This includes many of the wealthiest investors in America and the big TBTF banks.  Although the prices for everyday goods that the majority of Americans care about are soaring like food, cotton, oil, coffee, etc the prices for real estate both residential and commercial are not.  Since the Fed only cares about the small elite since that is where the money is, they only care about the inflation levels that matter to the elite.  These folks could care less if 90% of America is reduced to the status of Haiti in the long-run where people eat “mudpies,” a mixture of dirt, salt and vegetable shortening to survive.  Now, this is not my prediction for America but the point I am trying to get across that most people still do not understand is that the U.S. economic structure is collapsing right before our eyes and what the Fed is trying to do is prop up the stock market so that people stay asleep while Wall Street and the banks take what is left of this nation’s wealth.

What I want everyone to stay very vigilant on is what the large TBTF banks do in the months ahead and more importantly what Washington DOES NOT do to stop them from taking the scraps that are left.  In case you haven’t seen the articles, the banks are expected to pay out record bonuses this year.  Meanwhile, the bank stocks are amongst the worst performing in the stock market this year.  Furthermore, the government continues to allow them to use fake accounting for their assets so they can report operating profits.  This allows bonuses until the whole thing collapses again by which time unemployment could skyrocket but they have once again picked the pockets of the public.  The fact that there are even shareholders willing to own these banks just demonstrates how prevalent the Stockholm Syndrome (Stockholm syndrome is a term used to describe a paradoxical psychological phenomenon wherein hostages express adulation and have positive feelings towards their captors that appear irrational in light of the danger or risk endured by the victims, essentially mistaking a lack of abuse from their captors as an act of kindness) in America.  Remember, no matter which party is in power in Washington D.C. what ALWAYS gets more power although they are the biggest cancers on society are the Fed and the big money center banks. 

Another development that came to light yesterday was the following reported in the Wall Street Journal:  “The Federal Reserve is poised to allow healthy banks to increase dividend payments for the first time since the financial crisis, an anxiously awaited set of instructions that could provide a boost to bank stocks.”  The banks still do not account for their assets appropriately and they are going to start paying dividends?  WAKE UP AMERICA.  If they get away with this they will just push harder and harder.  If you are outraged by any of this, buy physical gold and silver.  Do not buy stocks unless they are in the commodity sectors, especially precious metals mining.  If you buy financial shares you will be fleeced.  It is guaranteed.       

The TSA is Going to Molest You at the Airport so Michael Chertoff Can Make a Dollar

Ever since they started to be rolled out immediately after the highly suspicious “underwear bomber” incident, I made it clear that I will never enter one of these things.  Everyone draws a line somewhere and this is mine.  The government is not going to take a picture of my naked body to get on an airplane.  At the moment, you are able to refuse the scanner and opt for an “enhanced pat down” but guess what?  The government wants you to the go through these machines so badly that they are now making the enhanced pat down procedure more intrusive.  If you have a wife and kids and you don’t want to subject them to a radiation shower this is what is in store for them: 

The pat-down at BWI was fairly vigorous, by the usual tame standards of the TSA, but it was nothing like the one I received the next day at T.F. Green in Providence. Apparently, I was the very first passenger to ask to opt-out of back-scatter imaging. Several TSA officers heard me choose the pat-down, and they reacted in a way meant to make the ordinary passenger feel very badly about his decision. One officer said to a colleague who was obviously going to be assigned to me, "Get new gloves, man, you're going to need them where you're going.

The above excerpt is from a recent article by Jeffery Goldberg of the Atlantic is a must read for anyone that flies http://www.theatlantic.com/national/archive/2010/10/for-the-first-time-the-tsa-meets-resistance/65390/.  There is a follow up that is also worth checking out http://www.theatlantic.com/national/archive/2010/11/-are-any-parts-of-your-body-sore-asks-the-man-from-tsa/65482/.  If this doesn’t get you fired up just research the connections between former Homeland Security chief Michael Chertoff and the naked body scanners.  The airlines are a disgrace for going along with this and they will suffer from reduced traffic unless this stuff is scaled back. 

In parting, I just want people to take a step back and think about the government and then think about the fact they are going to treat you like an animal and a slave at the airport.  This is a sad joke.  Everyone needs to draw a line somewhere.  I have drawn mine. Where do you draw yours?

Have a great weekend,
Mike  

 

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Fri, 11/05/2010 - 12:01 | 702802 ivolatility
ivolatility's picture

The Day the Dollar Died

(To the tune “The Day the Music Died” by Don McLean)

 

 

A long gone time ago

I can still remember how Volker used to make me smile

And, I knew we all had a chance, yes even I might get to dance

We were happy and inspired

But, the Fed was so clear, green would magically appear, rabbits out of all the hats

Big bad bears intervene,  shorting for profits that proved obscene

I remember that I cried, when I smelled our dough being fried

Something torched my dreams inside, the day the dollar died

 

 

So, bye bye American Empire

Drove my Chevy to DC, to tour the factory

Them good ol' boys were drunk with power and bribes, singing

This'll be the day the dollar dies

This'll be the day the dollar dies

 

Just who prints those notes we hold, and do you have full faith, as you grow old

If the Weimar tells you so

Now, you only believe in just what you can hold, will tangibles save your sorry soul? And

Can you teach me how to count just what's real?

Well, I once knew that full faith, it clipped in my pocket with strong credit

Nixon kicked us off sound money, just like the huns, down we slid OD'ed on butter and guns

Once a robust broncin'buck, now confetti, fish wrap, or used to shine your truck

I knew I was out of luck, the day the dollar died

 

I started singing, bye bye American Empire

Drove my Chevy to DC, to tour the factory

Them good ol' boys were drunk with power and bribes, singin

This'll be the day the dollar dies

This'll be the day the dollar dies

 

Now, for years we've been the man, the master, top dog in world supremacy

That’s all how it used to be

The big world cowered, and sang for us alone, as we borrowed, and borrowed , and borrowed, and borrowed

In a shrill voice that said triple A, (in a whisper)- suckered fools, who think this money good?

 

While King Dollar was looking down, the BRICs stole all the jobs in town

The courts fiddled with some small case, as the King's power did erase

And when the chairman read his depressing book, a restless world schemed to get off the hook

We sank away, as all was lost, the day the dollar died

 

I started singing, bye bye American Empire

Drove my Chevy to DC, to tour the factory

Them good ol' boys were drunk with power and bribes, singin

This'll be the day the dollar dies

This'll be the day the dollar dies

 

Helter Skelter in the late fall weather, the bottom fell out altogether

From so high, now time to be shorn

World War Laurels now addled and worn

The players tried to pass their bills, but the world had been had, and had its fill

Now render unto Caesar his due, but the dupes are all; deaf, done, and through

We all got to dance, now no partners take that bum chance

Cause old players tried exchange, yet all in vain, the new patrons were in too much pain

The lame were revealed, the day the dollar died

 

We started singing, bye bye  American Empire

Drove my Chevy to DC, to tour the factory

Them good ol' boys were drunk with power and bribes, singin

This'll be the day the dollar dies

This'll be the day the dollar dies

 

And there we were unclothed and tamed,  the greatest generation no longer sane

Bretton woods now dark and shamed

So, come on, be more quick, and more nimble, QE2 launched from Ben’s tin cymbal, a newest oldest trick

As that ship set sail, the ice was thick

And, the Nobles bon voyage hesitated, yet the band played on, as her stern grew elevated

Keynes long-term, term, with sharpened scythe now finally came to pass

And, as the frigid waters engulfed this trade,  there was nothing more we could obtain

From far flung lands once considered our domain, the day the dollar died

 

He was singing, bye bye American Empire

Drove my Chevy to DC, to tour the factory

Them good ol' boys were drunk with power and bribes, singin

This'll be the day the dollar dies

This'll be the day the dollar dies

 

All those girls who sang and drank, we asked them for another franc

So defiled, all just turned away

I went down to Broad and Wall, to hear the crowd and their buoyant claims

The Chinese man said, he wouldn't be gamed

And in our streets all our rivals exclaimed, our exorbitant privilege now down the drain

That full faith was finally broken, those proud notes just a token

And those three men so free of sin: Jackson, Grant and Benjamin

Fraught with shattered heart, every portrait in the lot. the day the dollar died

 

And, they were singing, bye bye  American Empire

Drove my Chevy to DC, to tour the factory

Them good ol' boys were drunk with power and bribes, singin

This'll be the day the dollar dies

This'll be the day the dollar dies

 

They were singing, bye bye American Empire

Drove my Chevy to DC, to tour the factory

Them good ol' boys were drunk with power and bribes

This'll be the day the dollar dies

This'll be the day the dollar dies

 

Fri, 11/05/2010 - 12:22 | 702874 Fish Gone Bad
Fish Gone Bad's picture

The United States has changed its money a few times in its history.  Time to do it again.

Fri, 11/05/2010 - 21:54 | 704295 Buck Johnson
Buck Johnson's picture

Nice, very nice.  Also They are doing everything they can to not be brought to account for their crimes.

Fri, 11/05/2010 - 12:01 | 702806 John McCloy
John McCloy's picture

Looks like Ben does not know how to handle the metals surge quandry. More money into metals = less into already P/E infinity paper stocks. Looks like he is going to have to take the markets down or seize gold and silver

Fri, 11/05/2010 - 12:03 | 702816 sysin3
sysin3's picture

Will no one rid me of this meddlesome banker ?

Fri, 11/05/2010 - 12:19 | 702866 Eagle1
Eagle1's picture

 " Out, damned spot! Out, I say! "

Fri, 11/05/2010 - 12:08 | 702835 Steak
Steak's picture

Sigh, well since I feel a lil bad leaving folks dry for music selections...

http://fridaymixtape.com/ (EDM with a hip-hop twist, zero connection to ZH)

http://maddecent.com/blog/mdwwr-64-diplo-presents-blow-your-head-mix (a new mixtape from one of the hottest artists out: Diplo)

and don't forget http://radio.cl.zerohedge.com/ for some of Marla's past sets

Fri, 11/05/2010 - 12:09 | 702838 junoroland
Fri, 11/05/2010 - 12:53 | 702944 Horatio Beanblower
Horatio Beanblower's picture

Brilliant.  P T Barnum never really died.

Fri, 11/05/2010 - 12:11 | 702847 cossack55
cossack55's picture

Have not flown in 5 years. Will probably never fly again.  Have no funds in banks.  Retain only daily use FRNs.  Prepped for action and can move at any time if need be.  I sleep well at night and will NOT be a slave. Survived two wars so far, probably not this one.  Don't really care.  Will certainly not go quietly into the night.  Hell's waitin and I have my ticket.  Ciao.

Fri, 11/05/2010 - 12:30 | 702891 NotApplicable
NotApplicable's picture

I stopped flying in 1999, and I can't ever imagine flying again. Probably won't be too many more years before I stop driving on the interstates that have a camera every couple of miles.

Sat, 11/06/2010 - 13:12 | 705241 dark pools of soros
dark pools of soros's picture

trains are still a civil way to travel but the pricing is through the roof for a cabin... unless you just hobo it onto a freighter

Fri, 11/05/2010 - 12:58 | 702959 Ricky Bobby
Ricky Bobby's picture

+10

Fri, 11/05/2010 - 13:53 | 703185 JohnG
JohnG's picture

Same here.  I em embarrased that I ever allowed myself to be brainwashed into a merciless robotic killing machine by the military.  I didn't know any better when I was a kid....

I will survive this war, or I'll die protecting what I have left.

I will use my training to take as many of the bastards down with me as I can, and I can be a very mean man when I want to be.  Otherwise I'm a nice guy.  Until they start it.

Fri, 11/05/2010 - 14:21 | 703246 aerojet
aerojet's picture

Let me get this straight.  You haven't flown anywhere in five years and you are hunkering down and holed up and yet you think you are somehow free?  Dude, you're worse off now than ever before!  I say fly, travel anywhere you want, and spit in the faces of fascists wherever you go.  You can't win by backing down.  Fuck them and their security.

Fri, 11/05/2010 - 15:10 | 703359 Vendetta
Vendetta's picture

bingo.  I fly often but have the option to take private aircraft if it can fit into my schedule because they waste so much of my time and patience with the security scam inflicted on the nation.

Fri, 11/05/2010 - 12:18 | 702850 Mako
Mako's picture

"WAKE UP AMERICA.  If they get away with this they will just push harder and harder.  If you are outraged by any of this, buy physical gold and silver."

If the Lemmings "wake up" like the author wants them to, well a big black pit will instantly open up beneath the Lemming's feet to consume them. Sorry author, most Lemmings are not going to go down without a fight. 

The author is very confused.

There is no escape for the Lemmings, the system will collapse and liquidate.  It's so funny that the author is touting this as a positive result.  Sorry gentlemen, there is no easy out.... only pain.

The party ends when either Lemmings stop marching or the black pit catches up to them, not before.  Lemmings don't want to know there is no out... they still think in mass there is an out.  This is truly entertaining to watch.

This board is just a bunch of babies crying out the obvious outcome of using the equation.... oh, they are all pointing fingers as they cry.  Funny.

Fri, 11/05/2010 - 13:02 | 702977 Ricky Bobby
Ricky Bobby's picture

What the fuck was that all about.

Fri, 11/05/2010 - 13:19 | 703047 tmosley
tmosley's picture

He's a nihilist.  All is death and nothing matters.  No need to think that way.  Kind of comfortable.  It's a great way to feel superior to everyone else as well.

Fri, 11/05/2010 - 13:50 | 703176 MachoMan
MachoMan's picture

I'm a nihilist.  He's a sadist.

Fri, 11/05/2010 - 12:13 | 702852 yabyum
yabyum's picture

Chumba dat you?

Fri, 11/05/2010 - 12:16 | 702858 Superdrol
Superdrol's picture

I bought a bunch of Goldman Sachs bonds back in April 2010.

 

The strangest thing I noticed was that the Treasury bonds were rated 'AAA' and Goldman Sachs's bonds were rated 'A-'

 

 

 

They must have mixed up the bond ratings on that one.

Fri, 11/05/2010 - 12:19 | 702865 Clint Liquor
Clint Liquor's picture

"Although a policy of intervening to affect the exchange value of the dollar is nowhere on the horizon today, it's worth noting that there have been times when exchange rate policy has been an effective weapon against deflation. A striking example from U.S. history is Franklin Roosevelt's 40 percent devaluation of the dollar against gold in 1933-34, enforced by a program of gold purchases and domestic money creation. The devaluation and the rapid increase in money supply it permitted ended the U.S. deflation remarkably quickly. Indeed, consumer price inflation in the United States, year on year, went from -10.3 percent in 1932 to -5.1 percent in 1933 to 3.4 percent in 1934.17 The economy grew strongly, and by the way, 1934 was one of the best years of the century for the stock market. If nothing else, the episode illustrates that monetary actions can have powerful effects on the economy, even when the nominal interest rate is at or near zero, as was the case at the time of Roosevelt's devaluation."

Ben Bernanke

National Economist Club, Washington,DC

November, 21 2002 

Fri, 11/05/2010 - 13:34 | 703114 chet
chet's picture

"The economy grew strongly, and by the way, 1934 was one of the best years of the century for the stock market. If nothing else, the episode illustrates that monetary actions can have powerful effects on the economy"

 

Very telling quote.  That period must be exactly what he is trying to recreate right now.  But someone needs to tell him that the stock market and the economy aren't the same thing.

Fri, 11/05/2010 - 19:50 | 704029 Bob Sponge
Bob Sponge's picture

Yep and now we are starting with inflation whereas back then they were in deflation.  We could see 20-30% or higher inflation before Benny gets done with his last QE - if there ever is a last QE.

Fri, 11/05/2010 - 21:32 | 704263 BigJim
BigJim's picture

"A striking example from U.S. history is Franklin Roosevelt's 40 percent devaluation of the dollar against gold in 1933-34,"

Bernanke. Can't even be honest about how much of a devaluation FDR put the dollar through. Let's look at it:

Before - ounce of gold = $20.67

After - ounce of gold  = $35

$20.67 an ounce to $35 an ounce is a 69% devaluation. What a c*nt the man is.

Sat, 11/06/2010 - 13:20 | 705254 dark pools of soros
dark pools of soros's picture

your math is backwards..  one way is an increase the other is a devaluation.  you show the increase of gold.. not the devaluation of the dollar

 

like the weird way that to get back a 50% loss in a stock you will now need a 100% increase...

Fri, 11/05/2010 - 21:40 | 704272 BigJim
BigJim's picture

Yes. I read that. It blew my tiny mind, until I switched my credulousness gene off.

The FT (not that I'd trust them as far as I can spit) suggest the likely answer is the OITC: http://ftalphaville.ft.com/blog/2010/11/03/392971/the-parliamentary-foundation-x-files/

 

Fri, 11/05/2010 - 12:42 | 702897 Cognitive Dissonance
Cognitive Dissonance's picture

The fact that there are even shareholders willing to own these banks just demonstrates how prevalent the Stockholm Syndrome (Stockholm syndrome is a term used to describe a paradoxical psychological phenomenon wherein hostages express adulation and have positive feelings towards their captors that appear irrational in light of the danger or risk endured by the victims, essentially mistaking a lack of abuse from their captors as an act of kindness) in America.

It is a sad pleasure to see more and more people beginning to discuss the psychology of our self imprisonment and why we continue to accept our miserable conditions, even as they worsen. May I suggest that not only should the Stockholm Syndrome be studied, but also abusive spouse syndrome.

As emotionally difficult as it is to see ourselves as the battered spouse and the elites as the batterers, there are many parallels between how the abused spouse remains under the control of the abusive partner despite repeated opportunities to flee and how the American public continues to allow itself to be battered and abused by the elites despite plenty of opportunity to stop the madness.

I have written extensively about this and more, particularly in my 5 part series below. Portions of Chapters 3 and 4 speak to this phenomenon, particularly the sub heading "They Need Us" in Chapter 4.

http://www.zerohedge.com/article/welcome-insane-asylum-or-how-we-learned-stop-worrying-and-love-big-lie-chapter-3

http://www.zerohedge.com/article/welcome-insane-asylum-%E2%80%93-making-reality-fresh-daily-chapter-4

All 5 Chapters can be downloaded here.

http://www.scribd.com/doc/33507389/Welcome-to-the-Insane-Asylum-Our-Collective-Psychosis

Fri, 11/05/2010 - 16:42 | 703608 DaveyJones
DaveyJones's picture

was about to post a link to this same guest post on Max Keiser and start talking about the Syndrome then I saw we're already there. Good to know more people are talking about it. 

Fri, 11/05/2010 - 12:35 | 702898 buzzsaw99
buzzsaw99's picture

...an admission of this would mean loss of power and possibly criminal prosecution.

 

When the time comes it will be executions (i.e. lynchings) not prosecutions.

Fri, 11/05/2010 - 12:39 | 702908 B9K9
B9K9's picture

I was browsing through my (very modest) bookshelf the other day and picked up an older book on J. Edgar Hoover. Rather than provide a detailed recap, perhaps I can summarize the general impression: there are NO secrets.

The FBI was spying on everybody, and had a card catalogue of over 250,000 Americans, as far back as the 1920s. In addition to run-of-the-mill citizens, the FBI had extensive dossiers on Congressmen, Supreme court justices, presidents, prominent labor/business leaders, etc.

But here's the thing: everyone knew what the FBI was doing, but more importantly, they were spying on Hoover & the FBI as well! (Both private & public agencies, along with organized crime.) While it was pretty tame stuff before WWII, the FBI & CIA really ramped it up afterward not only with illegal activities committed against Americans (bag jobs, taps, bugs, planted/fabricated evidence, etc), but against each other! The best comparison of this absurd situation are the Spy vs Spy vignettes found in Mad magazine.

So what's the point? Simple, since everything is already known, the only time anything gets any action is because it provides a net positive return on investment. That is, by revealing something and taking the counter-hit, the payoff is greater than the cost.

That's what Watergate was all about. Every president dating back to Wilson did the same exact thing as Nixon, and worse, but Hoover didn't care. It was only after he died in 1972 that Phelps (Deepthroat) - the number #3 man at the FBI - started spilling the beans.

So that's why I advise people to start turning their attention towards the political environment. All the shenanigangs going on are understood by all; it is merely a function of political calculus whether or not action is taken.

Fri, 11/05/2010 - 12:44 | 702920 buzzsaw99
buzzsaw99's picture

The FBI, CIA, DOJ, SEC are a joke. They work for the squid.

Fri, 11/05/2010 - 13:00 | 702966 B9K9
B9K9's picture

Wrong. The FBI & CIA are filled with power-hungry bureaucrats who have an addiction for knowledge & control. (Spying is merely a means to an end.). They are closed, insular societies in which one must conform to very strict standards of behavior/work ethic in order to survive/thrive.

Please note that the essential requirements for success within these organizations does not necessarily include protecting nor following the Constitution, but rather to elevate and value their own internal, rigid dogma.

To suggest they are under the control of Goldman, et al is laughable. They hate anyone and everyone who is challenge to their own power, including other agencies. They've got all the goods on all the bankers, but will not reveal anything unless the potential payoff is greater than the cost. One can only imagine the private, black-box financing some of these agencies are extorting from the banks.

It's only going to get good & interesting if the upcoming House investigative committees can benefit from a huge housecleaning. If they can't, then yeah, this will all amount to a big fat nothingburger. However, these epochal events tend to come in inter-generational  cycles: Harding/Teapot Dome in the 1920s, then Nixon/Watergate in the 1970s, and now Obama/Fedgate - a good 40-50 year period of corruption & fun and games before the catharic self-examination and collective flagellation begins anew.

Fri, 11/05/2010 - 13:57 | 703194 spekulatn
spekulatn's picture

plus 1

Fri, 11/05/2010 - 13:57 | 703195 MachoMan
MachoMan's picture

bingo.  People have this ass backwards idea as to who runs barter town...  yes, sometimes the lines get blurred between private and "public" actors, but that's only when it suits tina turner's best interests...

keep your retard whistle close.

Fri, 11/05/2010 - 14:19 | 703223 buzzsaw99
buzzsaw99's picture

How many billionaires at the FBI? LMAO!!

 

They spend their day wearing women's underwear, looking at porn, and spying on internet pervs and religious freaks. That's about it.

Sat, 11/06/2010 - 13:25 | 705264 dark pools of soros
dark pools of soros's picture

the king is dead, long live the king......

Fri, 11/05/2010 - 12:46 | 702930 B9K9
B9K9's picture

Mark Felt, not Mark Phelps. Jeez.

Fri, 11/05/2010 - 14:33 | 703284 tired1
tired1's picture

Do yo have any insights as to why Hoover publicly ignored organized crime?

Fri, 11/05/2010 - 18:49 | 703881 Herd Redirectio...
Herd Redirection Committee's picture

Certainly not because high profile individuals were involved, and Hoover was on the take!

Organized crime made the move into legitimate business A LONG time ago. 

When this whole mess is resolved, the Fed is eliminated and so on, that will be one of the first things that needs to be addressed: proper penalties for white collar crime!

Really, who is more dangerous, a guy who steals $18 using a knife, or a guy who can talk you out of your $4 million retirement savings!  Of course the talker, hello!  Any one can use force to steal a few bucks, it takes talent and a complete lack of remorse to con people out of millions!

http://psychonews.site90.net

Fri, 11/05/2010 - 22:22 | 704357 AmericaRacket
AmericaRacket's picture

Look up Catherine Austin Fitts' "How the Money Works on Organized Crime"  Also known as Narco-Dollars for Beginners.

The Squid is the CIA.  It gets much of its liquidity from drug money laundering ($1T/years worth, conservatively).  Look up Wells Fargo Wachovia money laundering if you don't believe me.

Fri, 11/05/2010 - 12:46 | 702924 TradingJoe
TradingJoe's picture

TALK IS CHEAP, GENTLEMEN!

Sat, 11/06/2010 - 13:43 | 705301 dark pools of soros
dark pools of soros's picture

not the phone sex i've been callin

Fri, 11/05/2010 - 13:01 | 702973 WALLST8MY8BALL
WALLST8MY8BALL's picture

I am thinking of 2 ideas. 1 - Prosthetic Wang! Imagine the face of a TSA Agent if its hanging to your kneecap! 2- Ask if a body cavity search is mandatory while winking and grinning at the TSA agent. If/When they say no, sigh with some sadness. If they say yes, then ask if a happy ending comes with.

Sat, 11/06/2010 - 13:47 | 705308 dark pools of soros
dark pools of soros's picture

why not just put a gold butt plug up your rear and if they tell you to take it out say you have been closed by the FDIC and are forbidden to allow withdraws 

Fri, 11/05/2010 - 13:07 | 702992 lamont cranston
lamont cranston's picture

I had a meeting in Columbus OH and opted to drive the 6+ hours and suffer abundant radon gas on I-77 through WV rather than fly.

Good God, I've never seen a hellhole like Nelsonville OH. It makes McAlester OK look like Xanadu.

Fri, 11/05/2010 - 13:25 | 703065 Nepenthe
Nepenthe's picture

Funny (or intentional?) that you mention the most corrupt town in all of OK...

Fri, 11/05/2010 - 13:48 | 703167 lamont cranston
lamont cranston's picture

McAlester was intentional. Spent 2 days there back in the 90s with a woman from there to meet her parents. She'd get mad and say, "Oh poot!" Good ol' OU Chi-O.

But it is a piece of crap complete with the State Prison.

Sat, 11/06/2010 - 13:49 | 705310 dark pools of soros
dark pools of soros's picture

go to Detroit for a nice happy cold hungry Christmas

Fri, 11/05/2010 - 13:13 | 703025 nostromo17
nostromo17's picture

Excellent.

Fri, 11/05/2010 - 13:20 | 703049 tmosley
tmosley's picture

That's not mud...

Fri, 11/05/2010 - 13:59 | 703203 MachoMan
MachoMan's picture

Exactly.  You'd think we'd get sick of being shit on and told it's chocolate pudding all the time...  but we keep eating it, so I dunno.

Fri, 11/05/2010 - 13:24 | 703064 SheepDog-One
SheepDog-One's picture

I think Jim Rogers is wrong, Bernanke understands very well what he's doing, that is the purposeful total implosion of the US.
He assumes that Bernanke is actually trying to bail out the Titanic, when he's below decks strategically drilling more holes in the hull.

Fri, 11/05/2010 - 13:48 | 703171 Pinky
Pinky's picture

Yes: Fed and Treas are just gunning the motor.   Which one is Thelma and which one is Louise?

 

 

Fri, 11/05/2010 - 14:44 | 703309 bobboberson
bobboberson's picture

No arguments here.  I think they should all be killed and somehow recycled into useful material...  There must be a way to make "green" energy out of the bodies of carbon based life forms right?

Sat, 11/06/2010 - 13:52 | 705313 dark pools of soros
dark pools of soros's picture

they are vampires.  the same ones will be around the next 100 hundred years to rob all the wealth of China

 

why do you think there are so many vampire movies??  it is a substantial demographic

Fri, 11/05/2010 - 15:05 | 703353 ella
ella's picture

And let's make sure that these Ubers get to keep their tax breaks and huge bonuses as well. 

Fri, 11/05/2010 - 17:22 | 703686 litoralkey
litoralkey's picture

http://www.youtube.com/watch?v=s3337cj4sJQ

 

Haitians eat dirt cookies to survive

The cookies — made of dirt, butter and salt — hold little nutritional value, but manage to keep Haitis poor alive.

 

And this was before the earthquake.

 

Sat, 11/06/2010 - 13:58 | 705328 dark pools of soros
dark pools of soros's picture

who gave them butter??? and why weren't the proper channels notified?

Fri, 11/05/2010 - 21:53 | 704290 blindman
blindman's picture

ya'll,

 just show up at the airport wearing a thong or similar,

maybe sandal foot wear.  let them irradiate your wardrobe and

dress afterwards.  the airport thong movement.  i like it.

why wear clothes?  are we not men?   everyday is halloween,

fly united! 

maybe we should just travel naked.

ps. but please wear shades, cover your eyes.

 

Sat, 11/06/2010 - 12:23 | 705149 Cathartes Aura
Cathartes Aura's picture

. . .crowds of people in thongs, sandals, & shades. . .

now there's a visual, hehehhh. . . beautiful.

http://www.youtube.com/watch?v=7KnGNOiFll4&feature=related

have you read this letter yet?

Sun, 11/07/2010 - 20:58 | 707272 blindman
blindman's picture

now i have.

tx

Sat, 11/06/2010 - 13:56 | 705324 dark pools of soros
dark pools of soros's picture

bring back 80's spandex shorts and those mesh shirts...  just check in everything and stroll right in...  if they lose your luggage you can always go bartend at a gaybar wherever you land

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Mon, 11/08/2010 - 10:59 | 707972 Grand Supercycle
Grand Supercycle's picture

My long term indicators continue to warn of USD strength and EURO weakness.

http://stockmarket618.wordpress.com

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