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Guest Post: Mapping The Critical 2011 Themes

Tyler Durden's picture




 

Submitted by Gordon T. Long, Excerpted from 2011 Thesis Paper: Beggar-thy-Neighbor at Tipping Points

Mapping the Critical 2011 Themes

The conclusions of our "2011 Thesis - Beggar-thy-Neighbor" was that the world is on a glide path towards a global Fiat Currency Failure and the emergence of a New World Order. We are unclear whether it is planned or happenstance, but what the regularly conducted abstraction mapping process clearly indicates is that it is presently a high probability outcome.

The paper (which will be made available to non subscribers March 11th, 2011- sign-up) uses the Process of Abstraction to avoid the media noise, abstract the facts, synthesis key macro drivers and then arrive at the highest probability outcomes.

In the recent article "2011 Tipping Points" we laid out the 37 major Tipping Points we are presently tracking. These Tipping Points are show on the left hand side of the two charts below, which are the basis upon which our ongoing analysis process is conducted.  These highly simplified representations of the process gives the reader a graphical perspective on what leads us to our conclusions.

I - ERA OF CONFLICT & TENSION

Our process has been signaling an era of conflict and tension was ahead for over 18 months.  Our most recent analysis is showing this theme becoming much more pronounced and possibly accelerating.

DRIVER I: Debt Saturation
The Tipping Points of: 1-Sovereign Debt - PIIGS, 2- EU Banking Crisis, 3, Risk Reversal, 4-US State & Local Government, 6-Rising Inflation Pressures and Interest Rates, 8-Chronic Unemployment, 11-Residential Real Estate-Phase II, 12-Commercial Real Estate, 13-Public Policy Miscues (i.e. flawed fiscal & budget policy), 14- Oil Price Pressures, 15-Bond Bubble, 16 Pension-Entitlement Crisis and many more of our 37 Tipping Points are fundamentally about debt and credit. They are related in some fashion to the inability to service this debt and the problems which that incurs.

DRIVER II: Social Unrest
The Tipping Points of: 5-Food Price Pressures, 8-Chronic Unemployment, 6-Rising Interest Pressures and Interest Rates, 16-Pension-Entitlement Crisis 19-Credit Contraction II are just a few of the Tipping Points that are creating the underpinnings for the beginnings of Social Unrest in many countries and regions around the world.

CATALYST I: The combination of Debt Saturation and Social Unrest are the catalyst for:

THEME I: Currency Wars & Political Policies of 'Beggar-thy-Neighbor'

  • Competitive Currency Devaluation
  • Protectionism, Tariffs and Capital Controls

THEME II: Banking & Credit Crisis II

  • Toxic assets & massive hidden 'underwater' Residential and Commercial Real Estate loans.
  • Looming government debt 'haircuts' and possible defaults (Iceland, Ireland?)

DRIVER III: Geo-Political Tensions

The Tipping Points of: 10-Geo-Political Events (such as presently seen throughout North Africa and the Middle East), 30-North and South Korea, 35-Iran Nuclear Ambitions, 33-Terrorist Threats and operating factions, all are creating Geo-Political Tensions. They appear to be broadening and touching all regions to various degrees.

DRIVER IV: Global Economic Income and Growth Imbalances
The Tipping Points such as: 31-US Fiscal, Trade & Account Imbalances, 24-Shrinking Revenue Growth Rates, 25-Global Output Gap, 17-Central and Eastern Europe, 9-China Bubble and 29-Slowing Retail & Consumer Sales are just some of the Tipping Points within Driver IV. The seriousness of global income and growth imbalances is continuously stressed by all economists as a central dilemma that must be addressed.

CATALYST II: The Social Unrest, Geo-Political Tensions and Global Economic & Income Imbalances drivers are the tinderbox for:

THEME III: A Collapsing Western (G7) Social Net

  • EU countries attempting to strip entitlements as part of 'austerity' policies.
  • US State / Local government crisis over public union benefits versus Private sector compensation.

THEME IV:  West-to-East Power Shift

  • We are already seeing a well defined shift from the US to Asia.
  • Manufacturing and Supply Chain migrations is accelerating to Financial, Banking and R&D.

RESULT: 

A FIAT CURRENCY FAILURE

There are many indications that we are well along towards an evolving Fiat Currency Failure..

II - NEW WEALTH CREATION & VALUE PROPOSITION

DRIVER V: Regionalization
The Tipping Points of: 1- Sovereign Debt-PIIGS, 2- EU Banking Crisis, 9-China Bubble, 10-Geo-Politcal Events (Middle East and North Africa), 12-Central & Eastern Europe, 20-Japan Debt Deflation, 27-US Reserve Currency and 26-US Dollar Weakness are indicators of increasing Regionalization around the world. Sovereign States are more and more becoming trading blocks for competitive advantage and economic survival.

DRIVER VI: Resource Shortages
The Tipping Points of: 5-Food Shortages, 14-Oil Pressures, 6-Rising Inflation Pressures coupled with an explosion in global Commodity prices is an indication of shortages. The world's population is growing rapidly along with elevated standards of living in the Emerging Markets. These are putting serious strains on global resources

DRIVER VII: Emerging Markets
The Tipping Points of: 31-US Fiscal, Trade and Account Balances, 26-US Dollar fears, the sustainability of 27- US Reserve Currency and other imbalances are driving the emergence of new players until the world stage. What was only recently the 'G5' center of power, is now the G20. The twice yearly G20 meeting now takes center stage in global issues.

CATALYST III: Regionalization, Resources Shortages and Emerging Markets

THEME V: Global Corporatocracy

  • Mercantilist driven Export Policies & Strategies which place corporate brands and jobs creation in positions of control and extensive power.
  • Globalization through Privatization, Free Trade, the World Trade Organization are now being realized.

CATALYST IV: Resource Shortages and Emerging Markets
Resources and Emerging Markets leads to Theme VI.

THEME VI: Shifting Value Creation

  • It's about Jobs, Jobs, Jobs Creation
  • Knowledge Based societies versus resource centric.
  • National Competitive Advantage Strategies,
  • Critical Sovereign Dependencies,

If we couple THEME: V - Global Corporatocracy with THEME: III - Collapsing Western Social Net and THEME IV - West to East Power Shift we have the following directional result.

RESULT: 

AN EMERGING NEW WORLD ORDER

Either by design & plan or just happenstance a new world order is on the horizon.     

All of the above lead to an overall thesis of CHANGE in 2011 and 2012.

We delve into all the of the above in detail in our 2011 THESIS: BEGGAR-THY-NEIGHBOR.
sign-up for your free copy to be released to Non-Subscribers March 11, 2011.

"I care not who Rules but who controls the Money.

The REAL Power lies with who controls the Money!"

           - Nathaniel Rothschild

“The Banker wins in the Era of Corporatocracy”

 

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Wed, 03/02/2011 - 17:34 | 1012863 TorchFire
TorchFire's picture

Translation: We are fucked.

Wed, 03/02/2011 - 18:29 | 1013067 JW n FL
JW n FL's picture

do you have Silver? to trade? you dont want to pay an oz. of gold for a loaf of bread...

do you have water? control over a water source that you own?

do you have food? can you provide food for yourself if you had too?

do you have medicine that you need to survive, 180 days worth? see what the legal max is and get on getting control over your medicine.

now, the really big / important part... can youd defend yourself and protect your loved ones?

The Police departments around the Country are making HUGE cuts... 1/2 in some cases, while the Politicians stay employed to talk and talk and talk... talking is more important than the police catching bad guys, welcome to your world.

maybe things get ruff and maybe they dont... but be prepared either way. Safety First!

Wed, 03/02/2011 - 22:00 | 1013653 asdasmos
asdasmos's picture

Mr. Sprott sure has silver.

http://watch.bnn.ca/the-street/march-2011/the-street-march-1-2011/#clip4...

Eric Sprott

BNN talks to one of the world's leading investor's and investment strategists Eric Sprott, CEO of Sprott Asset Management and finds out just how precious the metals are.

Thu, 03/03/2011 - 02:52 | 1014295 ft65
ft65's picture

Quoting JW n FL / GLP ^TrInIty^

>>do you have medicine that you need to survive, 180 days worth?

>>see what the legal max is and get on getting control over your medicine.

WTF?... I have not taken any kind of medication (including aspirin / paracetamol etc.) in over 20 years. I do occasionally treat athletes foot with tee tree oil, and during the winter months supplement my diet with vitamin D3.

Sorry for any of you guys out there who require regular medication (esp. Lithium - JW n FL ???)

JW n FL / GLP ^TrInIty^, 180 days later, when you appear from the bunker, blinking in the sunlight, a few cases of ammo lighter. Exactly what paradice are you and your gold and silver going to come out to?

 

BYW, like the new picture / avatar  ?

 

 

Thu, 03/03/2011 - 05:45 | 1014371 Marcus_Junius_Brutus
Marcus_Junius_Brutus's picture

Preventative cure for athletes foot. Pee in the shower (when the water is running)

I live in Hong Kong and suffered non-stop athlete's foot till someone told me this trick.

Incidentally pee is also the cure for jelly fish stings and some insect stings.

Mix it with scat and you can tan leather.

Going on from this... Mix scat and mud and you can make daub for wattle and daub construction. Pigs are an especially good source for this.

All this waste you can recycle...

Wed, 03/02/2011 - 18:29 | 1013071 DaveyJones
DaveyJones's picture

"critical" as in medically speaking

Wed, 03/02/2011 - 18:55 | 1013153 covert
covert's picture

yes and complexity hides the truth. this complex mess will eventually lead to a total meltdown leading to barter.

http://covert2.wordpress.com

 

Wed, 03/02/2011 - 17:36 | 1012867 rookie
rookie's picture

The chart on page 271 of Rogoff's "This Time is Different" is alot easier on the eyes if you want to know what happens next.

Wed, 03/02/2011 - 17:45 | 1012905 pslater
pslater's picture

Can you post that chart?

Wed, 03/02/2011 - 18:08 | 1012988 EscapeKey
EscapeKey's picture

Just scanned it from my copy, just cos' I'm bored.

http://imgur.com/nG8ll

Wed, 03/02/2011 - 19:50 | 1013358 New_Meat
New_Meat's picture

another student.  Thumbs up.

Thu, 03/03/2011 - 08:23 | 1014429 magis00
magis00's picture

1083 views as of 7:15am EST.  Thanks for the link.

Wed, 03/02/2011 - 17:47 | 1012904 Atomizer
Atomizer's picture

IMF Monopoly Electronic Banking Game. 

BIS & World Bank Deluxe Editions sold separately.  

Wed, 03/02/2011 - 21:49 | 1013617 Abitdodgie
Abitdodgie's picture

Do some of the propertys qualify for N.I.N.J.A , and can you leverage ?

Wed, 03/02/2011 - 17:50 | 1012907 Mercury
Mercury's picture

I really like the 2-D political scale (left-right and anarchist-totalitarian).  So many people have difficulty grasping how nominal opposites like fascists and communists arrive almost at the same point in practice.

I might have put the ACLU (of the last 10 years anyway) a bit closer to the equator though.

Gotta love how these guys have Obama and Marx so close they overlap too.

Wed, 03/02/2011 - 17:50 | 1012923 flattrader
flattrader's picture

Two side of the same coin...the "coin" being "statism".

Wed, 03/02/2011 - 18:06 | 1012976 Bob
Bob's picture

Or is it corporatism with a government facade?

Wed, 03/02/2011 - 18:11 | 1013000 EscapeKey
EscapeKey's picture

“Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power” - Benito Mussolini

Wed, 03/02/2011 - 18:28 | 1013069 Bob
Bob's picture

Benito may be old school though--what if you have an outright take-over and sell-off rather than a merger?

Wed, 03/02/2011 - 18:35 | 1013082 piceridu
piceridu's picture

That quote is so perfect. Here's more:

 

 Fourteen Characteristics of Fascism -

 1. Powerful and Continuing Nationalism - Fascist regimes tend to make constant use of patriotic mottos, slogans, symbols, songs, and other paraphernalia. Flags are seen everywhere, as are flag symbols on clothing and in public displays. 

2. Disdain for the Recognition of Human Rights - Because of fear of enemies and the need for security, the people in fascist regimes are persuaded that human rights can be ignored in certain cases because of "need." The people tend to look the other way or even approve of torture, summary executions, assassinations, long incarcerations of prisoners, etc. 

3. Identification of Enemies/Scapegoats as a Unifying Cause - The people are rallied into a unifying patriotic frenzy over the need to eliminate a perceived common threat or foe: racial , ethnic or religious minorities; liberals; communists; socialists, terrorists, etc. 

4. Supremacy of the Military - Even when there are widespread domestic problems, the military is given a disproportionate amount of government funding, and the domestic agenda is neglected. Soldiers and military service are glamorized. 

5. Rampant Sexism - The governments of fascist nations tend to be almost exclusively male-dominated. Under fascist regimes, traditional gender roles are made more rigid. Divorce, abortion and homosexuality are suppressed and the state is represented as the ultimate guardian of the family institution. 

6. Controlled Mass Media - Sometimes to media is directly controlled by the government, but in other cases, the media is indirectly controlled by government regulation, or sympathetic media spokespeople and executives. Censorship, especially in war time, is very common. 

7. Obsession with National Security - Fear is used as a motivational tool by the government over the masses. 

8. Religion and Government are Intertwined - Governments in fascist nations tend to use the most common religion in the nation as a tool to manipulate public opinion. Religious rhetoric and terminology is common from government leaders, even when the major tenets of the religion are diametrically opposed to the government's policies or actions. 

9. Corporate Power is Protected - The industrial and business aristocracy of a fascist nation often are the ones who put the government leaders into power, creating a mutually beneficial business/government relationship and power elite. 

10. Labor Power is Suppressed - Because the organizing power of labor is the only real threat to a fascist government, labor unions are either eliminated entirely, or are severely suppressed. 

11. Disdain for Intellectuals and the Arts - Fascist nations tend to promote and tolerate open hostility to higher education, and academia. It is not uncommon for professors and other academics to be censored or even arrested. Free expression in the arts and letters is openly attacked. 

12. Obsession with Crime and Punishment - Under fascist regimes, the police are given almost limitless power to enforce laws. The people are often willing to overlook police abuses and even forego civil liberties in the name of patriotism. There is often a national police force with virtually unlimited power in fascist nations. 

13. Rampant Cronyism and Corruption - Fascist regimes almost always are governed by groups of friends and associates who appoint each other to government positions and use governmental power and authority to protect their friends from accountability. It is not uncommon in fascist regimes for national resources and even treasures to be appropriated or even outright stolen by government leaders. 

14. Fraudulent Elections - Sometimes elections in fascist nations are a complete sham. Other times elections are manipulated by smear campaigns against or even assassination of opposition candidates, use of legislation to control voting numbers or political district boundaries, and manipulation of the media. Fascist nations also typically use their judiciaries to manipulate or control elections.

 

http://www.fascismusa.com/

Wed, 03/02/2011 - 19:39 | 1013322 Bob
Bob's picture

What's that got to do with US?

Wed, 03/02/2011 - 19:51 | 1013365 New_Meat
New_Meat's picture

Philip Dru-->WW-->FDR

                    | -->BM

Wed, 03/02/2011 - 20:03 | 1013404 Bob
Bob's picture

You're right: Everything to do with us. 

Wed, 03/02/2011 - 20:43 | 1013497 moregoldplease
moregoldplease's picture

Gee, sounds a lot like the Soviet Union, Red China, Cuba, Hugo Chavez. Who would have guessed?

Thu, 03/03/2011 - 00:58 | 1014108 Milestones
Milestones's picture

"There are more similarities than differences between opposites"  Eric Hoffer "The True Believer"

Milestones

Wed, 03/02/2011 - 17:47 | 1012915 DoChenRollingBearing
DoChenRollingBearing's picture

I'll believe the NWO when I see it.

And I am watching.

Wed, 03/02/2011 - 18:15 | 1013009 EscapeKey
EscapeKey's picture

Yeah, I think it's bollocks too.

All the security measures being put into place, is in preparation for economic collapse + peak oil, and hence they will legally be able to roll tanks into the streets and declare martial law, etc.

At least, that's my take on the situation.

Wed, 03/02/2011 - 18:33 | 1013083 Dr. Porkchop
Dr. Porkchop's picture

This one world currency narrative is bollocks, in my opinion. They've got one now, and it's failing.

Wed, 03/02/2011 - 19:06 | 1013197 Dingleberry Jones
Dingleberry Jones's picture

Agree with both of you. I do believe that some of the world's uber-rich individuals and families try to play a game of high level Risk with the world.  I do not for once second believe that these people act in concert. Just like with anything else, there are alliances, enemies, backstabbing, and subterfuge.   I don't see how this will change, as the power hungry, by definition, want it for themselves and their heirs. 

Also, like you said, the world already uses the dollar as the reserve currency.  The fiat experiment has failed. I'm wondering if the next big currency is to go with the Chinese in a fractional gold back system.  I doubt that anyone goes full gold backed, as hoarding is a serious issue with the stuff.

Wed, 03/02/2011 - 23:43 | 1013927 robobbob
robobbob's picture

what you're seeing is the preparation for the transition. Even sheeple would never willing submit to the NWO slavery.

But, given a few years of insecurity, chaos, empty stomaches, and a feeling of betrayal as everything they have been promised fails, well the NWO will look like salvation.

not to mention the NWO mafia have a few internal organizational issues to work out.

theres a reason the motto is "order from chaos"

Wed, 03/02/2011 - 19:53 | 1013373 New_Meat
New_Meat's picture

DCRB, c'mon.  u be preppin' in anticipation. - Ned

Wed, 03/02/2011 - 17:49 | 1012916 Harmonious_Diss...
Harmonious_Dissonance's picture

This is all WRONG, since the DOW closed below 12,000 today. Good times ahead!

Wed, 03/02/2011 - 17:52 | 1012928 koot
koot's picture

It is called "Peak Fiat Currency"

Wed, 03/02/2011 - 17:53 | 1012931 NoKaOi
NoKaOi's picture

Anyone who has driven from Dulles to downtown DC knows that the fascist Corporatacracy has already arrived. Just as Eisenhower warned (though he only worried about the Military-Industrial vector).

Wed, 03/02/2011 - 23:27 | 1013889 reescher
reescher's picture

Try the GW Pkwy - it's been repaved. Much smoother now.

Wed, 03/02/2011 - 18:02 | 1012959 KickIce
KickIce's picture

Obama is not a populist, he believes that we should have a state militia as poweful as our armed forces.  He's a fascist.

Wed, 03/02/2011 - 18:18 | 1013018 akak
akak's picture

Obama is not a populist

On the contrary --- he is extremely popular with corporate oligarchic sociopaths and banksters (but I repeat myself) of all stripes!

Wed, 03/02/2011 - 19:31 | 1013295 KickIce
KickIce's picture

No doubt about that, but they would have to extend the left corner a bit to get him on the correct political spectrum.

Wed, 03/02/2011 - 18:29 | 1013070 EscapeKey
EscapeKey's picture

Unlike Bush? Don't make me quote "Tragedy & Hope" again!

Wed, 03/02/2011 - 19:34 | 1013288 KickIce
KickIce's picture

Funny, I don't see Bush mentioned in my post.  But yeah, they are much the same animals.

Bush = tragedy and Obama = Hope?

Wed, 03/02/2011 - 20:35 | 1013486 Arkadaba
Arkadaba's picture

Tragicomedy? In the sixteenth century, "tragicomedy" meant the native sort of romantic play that violated the unities of time, place, and action, that glibly mixed high- and low-born characters, and that presented fantastic actions.

Wed, 03/02/2011 - 18:02 | 1012960 gwar5
gwar5's picture

Nice assessement mapping.

TPTB have been dreaming about being in charge of a world govenment since the day they were born.

The banks are the real power and the government is a front. The next evolution will be the banks rolled up into the IMF as the world central bank and the UN will become their enforcement tool. 

Not happenstance. Sovereignty and institutions have been under attack for decades. That's what the CFR is for.

 

 

 

Wed, 03/02/2011 - 18:11 | 1012961 Bob
Bob's picture

Forgive me, but here's another theme.  Has Hoenig left the reservation? 

The Kansas City Fed leader also urged breaking up the largest banks, which he said have a lower cost of funds because of an implied government safety net. He would restore the barrier between commercial and investment banking.

“I think this is a good idea as they are so large they cannot be allowed to fail,” Hoenig said.

Hoenig also said standards for bank capital need to be raised further, and the Basel Committee on Banking Supervision’s overhaul of standards may not go far enough in reducing leverage.

Wed, 03/02/2011 - 18:16 | 1013019 Dirt Rat
Dirt Rat's picture

You've been here long enough. You should know that ZH is one of Hoenig's biggest fans.

Wed, 03/02/2011 - 19:43 | 1013026 Bob
Bob's picture

And we're all justly suspicious, but the guy continues to push it.

http://noir.bloomberg.com/apps/news?pid=20601087&sid=aj7HOy.fyh58&pos=3

Looks to me like he's positioning himself to take over when the Chairsatan falls.  Just what we need: A better Chairman of the world economic system.  :(

Wed, 03/02/2011 - 18:09 | 1012990 falak pema
falak pema's picture

No way. Capitalism as we understand it is doomed as paradigm in developed economies. It will however continue to allow wealth creation and global economic levelling in this century between north and south, east and west. The new paradigm based on economia, ecologia, humania, will be developed in the developed world. The tradeoffs for creating this model will be learnt from privation and resource limitation. The GDP as measure will be replaced by another measure which incorporates both material sustenance and social harmony. The role of government will be to participate as always in creating social, cultural and infrastructure wealth in the broadest sense compatible with this paradigm. It will also arbitrate as neutral referee the economic wealth creation and subsequent redistribution by the individual and by civil society.

 

This being an idealised vision of the dynamic equilibrium amongst socio-cultural groups no longer organised as nation states, but by cultural affinity, thanks to the Internet linked world wide community, it will result in the usual friction and inefficiency common to all complex systems. What can be screwed up will be. But that is not unusual, it is the expression of man's existential dilemma, forever feeding his pysche. Also of nature's and time's arrow : entropy. No getting away from it except through fall and rebirth.

Wed, 03/02/2011 - 18:13 | 1013002 Bob
Bob's picture

That would be interesting.  What will become of the current breed of psychopaths?

Wed, 03/02/2011 - 18:35 | 1013080 falak pema
falak pema's picture

We are now in a system of transition. A bit like the transition from agricultural society to the industrial society in 1800. The current problems are the symptoms of change. The last 'old style' industrial empire is falling. But the post industrial, quality revolution is already on. Trying to cling on to old methods of economic growth as power mantra is now sterile quest. The new model has yet to be created from the rubble of the next collapse. The banker corporatocracy  is just proxy holder of wealth, that will flow through its neutered fingers once the new paradigm emerges. As sterile elements of creativity they hold the state, awaiting new creative actors to emerge. They also continue to fuel the old system transfer from developed to developing world, to level the economic field before the new paradigm can be applied on a global scale. One thing is sure the 'global village' is now here to stay. The interface is between individuals, socio-cultural groups with specific agendas, and world regulatory organisations. The nation state has no place in this scheme of things.

Wed, 03/02/2011 - 18:52 | 1013147 toto
toto's picture

I believe it might feel that way but don't underestimate greed.

Some of us apes will be there too.

Wed, 03/02/2011 - 19:35 | 1013264 Bob
Bob's picture

You're reading my mind, apeman.  Hard to see this working without some real serious blood flowing . . . preferably yours rather than mine, nothing personal.  

But then something tells me I won't work out for the other guys, either.  Seems like it always goes that way. 

Wed, 03/02/2011 - 18:59 | 1013170 pirea
pirea's picture

this is real BS.

even worst than Marx.

Wed, 03/02/2011 - 21:44 | 1013605 Dyler Turden II Esq
Dyler Turden II Esq's picture

Brilliant, insightful, visionary comments, Fallak.  Among the top-10 ever posted on ZH, IMO.  You're a tad overly optimistic, but that's OK. It is too easy to get overly gloomy, looking only at the immediate future and situation.

Wed, 03/02/2011 - 18:25 | 1013052 toto
toto's picture

Too many greek words.

Something doesn't look right.

Wed, 03/02/2011 - 19:37 | 1013313 Snidley Whipsnae
Snidley Whipsnae's picture

"The GDP as measure will be replaced by another measure which incorporates both material sustenance and social harmony."

I would like to be present when you lay this plan on the Wall St Bankers.

Dick Fuld's response (an ex wsb); 'What, you want to go short our system?... I'll skull fu*k you you little azz wad!  I don't think you realize just how sociopathic those azz hats on Wall St are... But, good luck with your plan.
Thu, 03/03/2011 - 06:10 | 1014384 falak pema
falak pema's picture

The number one driving force in the paradigm of civilisation is Humania : the will to organise in the interest of common good. The legacy of Pericles. In the current framework of USA there is total betrayal of this first principle. But it is transition as this is decadence personified.

Wed, 03/02/2011 - 21:00 | 1013523 Strike Back
Strike Back's picture

"The role of government will be to participate as always in creating social, cultural and infrastructure wealth in the broadest sense compatible with this paradigm. It will also arbitrate as neutral referee the economic wealth creation and subsequent redistribution by the individual and by civil society."

That's what it claims to do now.  Governments do not create.  They take.  They are never neutral.

 

Thu, 03/03/2011 - 06:07 | 1014383 falak pema
falak pema's picture

Current decadence in US empire is part of the transition. When it's too easy to cheat you do. Absolute power...

Wed, 03/02/2011 - 18:18 | 1013023 sulfur
sulfur's picture

check it out - new rubber bullets for machine guns so the us army can controle protesting crowds more effectively

http://www.newscientist.com/article/mg20927995.600-army-wants-rapidfire-...

Wed, 03/02/2011 - 18:32 | 1013078 toto
toto's picture

I'm afraid protesting crowds will have real bullets by then.

Wed, 03/02/2011 - 18:34 | 1013089 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

Judge Judy bought a Super Soaker on ebay that can handle being fully loaded with sulfuric acid. Vitriol bitchez!

Wed, 03/02/2011 - 18:35 | 1013093 the grateful un...
the grateful unemployed's picture

under Bush they placed an active Army brigade on US soil in violation of the Posse Commitatus act. Decision was not challenged by Obama.

Wed, 03/02/2011 - 19:57 | 1013383 New_Meat
New_Meat's picture

yep, most of the active folks who are not deployed, well, they b active on U.S. soil.  Think "Hood", "Sill", "Carson", "Lewis", etc.

go figure!

- Ned

Wed, 03/02/2011 - 18:45 | 1013102 Fíréan
Fíréan's picture

I had thought that it wasa  foregone conclusion, even your previous president Clinton has openly on european television stated, in an interview, that one has to accept the inevitable one world government. Though i believe, from material read years ago, that the plan was a one whole America, the East for the Chinese,  and then Europe and Russia. Africa was to be sorted later.

Yet with the old world of the West being just that, aging, and the emerging markets being a predominantly young population, some folk in the old West decided to grab more than their share of the wealth before it gets spread between all four corners, north, south, east and west. Then by way of opportunism, China has taken advantage of the situation proverbial upturned apple cart and grabbed more they  were deemed to be due. Story so far...

 

 

Thu, 03/03/2011 - 09:33 | 1014558 johnQpublic
johnQpublic's picture

werent the three states oceania, west asia and east asia?

Wed, 03/02/2011 - 19:50 | 1013265 Arkadaba
Arkadaba's picture

A recent development that I find worrying is that at least two news aggregation websites have been added to Southern Poverty Law Center's "activist" list. The sites are whatreallyhappened and theintelhub. Both may have a bias in which news they tend to highlight - but no more than any other mainstream news site. Good news is that zerohedge isn't on the list - yet.

Intel hub story: http://theintelhub.com/2011/03/02/splc-adds-the-intel-hub-to-active-anti-government-patriot-groups/

Complete list: http://www.splcenter.org/get-informed/intelligence-report/browse-all-issues/2011/spring/active-patriot-groups-in-the-us

I prefer to get my news from a variety of sources because, as I learnt many years ago in first year journalism, all sources are biased whether they recognize it or not.

Wed, 03/02/2011 - 21:07 | 1013529 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

Fuck that poverty center! Who give a shit about their list, don't legitimize it.

"The fact that the SPLC is attacking the Intel Hub and many other legitimate groups shows how far we have come in exposing the global elite. Our record clearly shows that we are anything but racist which is the exact reason why we are under attack."

Wed, 03/02/2011 - 21:48 | 1013612 oygevalt
oygevalt's picture

Ah, thank you for sharing that much more of your enlightenment.  Perhaps you could give Southern Poverty Law Center a ring, and see if "that sucks - whatever" counts as a hateful response when one discusses the loss of relatives in the Holocaust?  Or alternatively, are you saying that Southern Poverty has no right to publicize sites it deems merchants of hate?  (Which, incidentally, stops those sites from publishing whatever they wish... not at all.)

Wed, 03/02/2011 - 21:59 | 1013641 Arkadaba
Arkadaba's picture

+ two trolls - guess I touched a nerve?

Edit:  Perhaps you could give Southern Poverty Law Center a ring, and see if "that sucks - whatever" counts as a hateful response ....

That was pretty funny - lol

Wed, 03/02/2011 - 23:56 | 1013958 oygevalt
oygevalt's picture

Let's clear a few things up.  One: a troll is not simply somebody who disagrees with you.  Two: "lol" is not a defense.  Three:  I invite anybody who thinks you may have worthwhile thoughts to share to visit your comments from last night.  You implied I'm some agent of the government (something your pals routinely do to folks who disagree with them, I've noticed).  To break that down - a) don't you think that a true government troll would try to befriend you and gain your trust, not challenge you?  and b) why on earth would you think that any government anywhere would care what some random unemployed bigot thought... particularly when she says she has no idea what will happen next?  Your delusions of grandeur certainly are entertaining.  But, the reason that I follow you is simply because I find your supremacist rantings sufficiently crazy, that I like to call attention to them for the more rational ZH readers who may not be familiar with you.

Thu, 03/03/2011 - 04:34 | 1014337 Arkadaba
Arkadaba's picture

 

Yes - let's clear a few things up - you are crazy!

But, the reason that I follow you is simply because I find your supremacist rantings sufficiently crazy, that I like to call attention to them for the more rational ZH readers who may not be familiar with you.

The rational ZH readers (who tend to be most) know who I am.

And WTF?

"lol" is not a defense

Actually "lol" is the best defense in an insane world!

And your third point:

 I invite anybody who thinks you may have worthwhile thoughts to share to visit your comments from last night.

What exact comment from last night got your panties in a bunch?

And your personal attacks namely

some random unemployed bigot....

It has been three weeks since I lost my job - not losing sleep over it yet. And am not going to even touch the "bigot" label. 

 


Thu, 03/03/2011 - 05:58 | 1014380 oygevalt
oygevalt's picture

By unemployed, I mean you are one of millions upon millions.... i.e. nothing in terms of a unique perspective to add.... and if you don't wish to be labeled a bigot, you could start by not making bigoted, offensive remarks.

Wed, 03/02/2011 - 18:47 | 1013130 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

This story is sooooo scary it makes we want to go out and buy some gold. teehe.

But I am a big skardie cat. hehehe.

Wed, 03/02/2011 - 19:01 | 1013178 carbonmutant
carbonmutant's picture

IS Bernanke front running his own book?

Wed, 03/02/2011 - 19:04 | 1013193 the grateful un...
the grateful unemployed's picture

what the futurists said 50 years ago:

Jobs would become obsolete, as automation replaced the human function in both the service and manufacturing sectors of the economy.

Centrally run governments and corporations would be paralyzed, as electronic technology decentralized communication.

Technology allows for any commodity to serve as anything else. Energy becomes ubiquitious. 

There is greater room for autonomy, nations such as Cuba can coexist without being a threat to the entire system.

The pace at which the technological extension of ourselves, the outering, creates such tension that it is met by a counter move to statis, and conservatism in politics.

[The notion of communication becomes obsolete. The need to control mass communication is replaced by a need to access the levers of policy, where information is both created and destroyed. Speed is more important than information. Policy is a hidden effect. To raise awareness requires a massive undertaking of educating the mass audience, and enabling them to take hold of those policy levers through Democratic means. Few people realize that the Federal Reserve is running a centrally planned economy, in the guise of a quasi-artistocratic nobleman. Leadership is neither technocratic, nor educated, as all Americans know education is a farce, remedial list of 19th century values. What matters then is noblesse. The leader sends his plan to the educated class, who implements it? The President wants war with Iraq? He requests a list of reasons why, from the experts at the CIA. ]

The rise of debt accompanies the need to produce new products and technologies. Increasing debt without new products, or new reasons to buy old products which were formerly free, or ubiquitious, like air, water, freedom of movement and expression. That's the new totalitarianism.

Wed, 03/02/2011 - 19:11 | 1013212 toto
toto's picture

That's today.

Wed, 03/02/2011 - 19:43 | 1013330 Snidley Whipsnae
Snidley Whipsnae's picture

So far they have been right about jobs becoming obsolete...

"Technology allows for any commodity to serve as anything else. Energy becomes ubiquitious."

They tried using dollars instead of gold... It hasn't worked out ...

Thu, 03/03/2011 - 02:02 | 1014216 Scorpio69er
Scorpio69er's picture

You will be interested in this fascinating interview of Aldous Huxley by Mike Wallace. Huxley saw it all coming down.

http://www.youtube.com/watch?v=KGaYXahbcL4

Thu, 03/03/2011 - 19:13 | 1016834 the grateful un...
the grateful unemployed's picture

fascinating interview. if he misses a few points, technology as angelism, for instance, he would have picked that up if he had lived a bit longer, we all struggle under the current dogma, and the limits of the knowledge at hand. who is working this area now? i don't see anyone really

Thu, 03/03/2011 - 05:29 | 1014356 buzzard
buzzard's picture

Energy becomes ubiquitous? What energy would that be pray tell? Zero point? Fusian?

Wed, 03/02/2011 - 19:13 | 1013219 bunkermeatheadp...
bunkermeatheadprogeny's picture

Its already happened. Sweet smell of cherry blossoms will be the last thing they will know during the lynchings.

Wed, 03/02/2011 - 19:16 | 1013227 walküre
walküre's picture

China announced today they prepare to trade all their exports and imports in YUAN.

China is officially leaving the Dollar train.

Somehow that got missed in all the fabulous reporting on the miracle growth economy today.

Lybia is not the only reason why oil in $$ is going higher.

 

Wed, 03/02/2011 - 19:23 | 1013258 toto
toto's picture

China is the dollar train.

Wed, 03/02/2011 - 19:52 | 1013363 walküre
walküre's picture

the Sauds are still holding out.. for now

 

Wed, 03/02/2011 - 20:08 | 1013419 toto
toto's picture

I know, that's why I filled every bucket and can with heating oil while i can.

Wed, 03/02/2011 - 20:15 | 1013440 walküre
walküre's picture

my backup generators are diesel powered, my car is diesel powered, my tractor is diesel powered.

got diesel tanks in the ground

my heating is wood burning stoves

my water is deep well water

trade meat and veggies for silver

who needs FRN?

Wed, 03/02/2011 - 19:25 | 1013262 locinvestor
locinvestor's picture

Lots of interesting and valid points. Yet, here's one that you missed.

Many other Western countries pay higher taxes, but also have stronger societal safety nets. Consistently valid (and not right-wing think tank) surveys show that a large part of these populations are happier than many in the States. They have no problem using some forms of socialism in their governments.

Now, what the MSM won't tell you:

We have a Socialist Senator in Congress. Apparently there's some stupid law that says no one can officially say that he's Socialist. So instead, they always say I for "Independent".

There's a strong history of Socialism and other left wing movements in this country.

In the early '30s, roughly 100,000 people were ready to emigrate to Russia for a better life. Also in the '30s, many Mexican and Mexican/Americans were rounded up and deported to Mexico. Why? Because lots of pissed off and jobless  whites wanted them out, that's why.

When was the last time you heard any of this on the MSM (or the progressive, for that matter)?

The point is that much of the population has a huge hangup when you say the word socialism. It's ok to have Medicare, Medicaid and Social Security. These are govt. health programs. Yet, having national health coverage is evil socialism.

Have you stopped laughing yet as you read that last sentence?

Not to be rude, but obviously you have to take the time to study and find accurate information. How do fit that in-between dinner, putting the kids to bed and doing the laundry? I don't know. But, you have to do it somehow. Nobody has the luxury of apathy anymore.

 

Wed, 03/02/2011 - 19:40 | 1013320 THE DORK OF CORK
THE DORK OF CORK's picture

Looks like a debt vortex to me, I am sure somebody will benefit from some applied scientific applications of this phenomena.

www.youtube.com/watch?v=IyAyd4WnvhU

 

Wed, 03/02/2011 - 19:46 | 1013338 Snidley Whipsnae
Snidley Whipsnae's picture

Anecdotal but interesting... Today I received a call from a well known New Orleans coin/bullion dealer that I have delt with for a long time.

They wanted to know if we would sell them some gold.

We said 'thanks but no thanks'...

Another sign of the times

Wed, 03/02/2011 - 19:49 | 1013357 mynhair
mynhair's picture

The only thing 'doomed' is the Liberal Species.  By lead overdose, or otherwise.

Wed, 03/02/2011 - 23:44 | 1013932 penisouraus erecti
penisouraus erecti's picture

Let's hope so

Wed, 03/02/2011 - 19:53 | 1013369 JR
JR's picture

Run away inflation is not America’s problem as it was Weimar Germany’s; the Fed prefers “continuous erosion while building up our national indebtedness.”

According to Keynes and Lenin, inflation can “destroy the Capitalist System,” the term both used for the system they wanted destroyed and replaced by a government-controlled social system.

Accordingly, Henry Hazlitt pointed out in Economics in One Easy Lesson that inflation leads to tyranny and “ends invariably in bitter disillusion and collapse.”

Wrote Keynes in The Economic Consequences of the Peace in 1920:

“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency.  By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.  By this method they not only confiscate, but they confiscate arbitrarily, and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth:  Those to whom the system brings windfalls…become ‘profiteers,’ who are the object of hatred of…[those] whom the inflationism has impoverished…  As inflation proceeds … the process of wealth-getting degenerates into a gamble and a lottery.

“Lenin was certainly right.  There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.  The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose… the governments of Europe… are fast rendering impossible a continuance of the social and economic order of the 19th century.” – John Maynard Keynes (p. 235)

Wed, 03/02/2011 - 20:02 | 1013402 mynhair
mynhair's picture

So, vote in the Dims again, and all will be fine?

Wed, 03/02/2011 - 20:05 | 1013408 Bob
Bob's picture

And the partisan uber-troll cunthair makes his entrance. 

Wed, 03/02/2011 - 20:38 | 1013491 mynhair
mynhair's picture

Your obvious jealousy is beneath you.

Wed, 03/02/2011 - 20:42 | 1013494 Bob
Bob's picture

Oh, you've impressed me alright.  Why don't you peddle your shit at yahoo?

Wed, 03/02/2011 - 20:15 | 1013429 JR
JR's picture

The two greatest trend lines for our future are based on 1) the failure of elites to draw Europe into a single political entity by using a single currency - implying eventual central control of European labor and resources and 2) the failing attempt by the Fed to use fiat currency to control America’s foreign and domestic policy for the benefit of private owners; now entering fatal economic crisis.

At this juncture, with those two failures, the elites wanted to hop scotch to a world system of central control and single currency (SDRs).  And frankly, it’s almost laughable, based on these two failures, that they can make that work.

Long’s bottom line is that we will arrive at a new world order by plan or happenstance. This term has been used in the past by elites believing that they will be in charge of operating an all encompassing new world system, suggesting that it will be orderly and efficient.  Nothing like this will happen, IMO, for two reasons:

  1)  Central planning is failing everywhere that it is in operation, existing only with help from what free enterprise is left - for the simple natural reason that it’s against natural law, and the economies are proving it.

  2) Cultural differences are pushing hard against a world of amelioration; we’ve never had such desire by men to have their own cultures -- and they will revolt every time it is in danger.

Wed, 03/02/2011 - 20:16 | 1013439 Bob
Bob's picture

+100

Thu, 03/03/2011 - 00:00 | 1013965 robobbob
robobbob's picture

when the ponzi is failing:

A) quickly find new new money by offering anything it takes

B) get out of dodge, pick new name, start new game

the new game is set up, and its global. they are currently transferring the last of the assets from the old game to the new. when the time comes, they will be the ones shouting loudest to tear down the old system

Thu, 03/03/2011 - 06:49 | 1014399 falak pema
falak pema's picture

Something that is missing all of you is that world economic governance is already a REALITY. It's lead players : Steve Jobs (totally outsourced). Facebook/twitter (totally global). Google (totally global information driving system). The banking network, including hedge funds (totally and increasingly electronically integrated). In the face of this plutocratic, elitist, capitalistic challenge there is no POLITICAL voice which is global, efficient and effective. As all political institutions are national. The EU scheme is a typical example of a hybrid, weak, attempt at compromise between national and regional decision making.

The world will inevitably move to more global political decision making. For the people to challenge the existing de-facto global power of the plutocracy. It has to be. They have no other option to avoid world TOTALITARIANISM by this integrated oligarchy who couldn't give a rat's ass about what the people in one nation state suffer or cry about. They are interchangeable ad-nauseum by other 'sheeple'. That is the current strain of oligarchic globalisation. The people have to organize accordingly, using social networks and then with increasing knowledge collection, like by Gutenberg's invention, DEMAND new political instruments for general good. It'll take time but as the greedy plutocrats dig their own graves through typical capitalistic 'overheat', like the current demise of the USD, subsequent asset melt down, the chips will always fall towards rebirth and reconfiguration to occur. It is a very painful process, granted. C'est la Vie!

Wed, 03/02/2011 - 22:12 | 1013690 sandvikpanther
sandvikpanther's picture

As you likely know Lenin carried this out after the revolution.  This policy destroys most of the conservative elements in society that might have some net worth.  Then you send in the mob to loot their homes, churches, etc.

Wed, 03/02/2011 - 20:07 | 1013416 jmc8888
jmc8888's picture

Barack Obama is 180 degrees different from FDR.  That mapping the author uses is ALL FUCKED UP.

Oh, a broken clock that ends up saying we're in 'authoritarian' land is a broken clock, that happens to be right.

Barack Obama is more republican, than Reagan.  Both were fascists. Although, Reagan was too senile to notice.

No way was Clinton who signed the repeal of FDR's Glass-Steagall legislation where he was either.

They (Clinton, Bush{either}, Reagan, Obama) did almost nothing but enact FASCISM into laws; whether they drank the kool-aid, didn't care, senile, or just too stupid. 

It's not where a person states his positions are...you should be measured by WHAT YOU PASSED....and what it's long ranging effects are...and mythologies that spring up around...and gain life...ALL of this is to be considered.  The author got it wrong. (as maybe the U.S. political system cannot be truly accuratley gauged on a graph)

When you account for all of that, they (listed above) are concretely fascist.  They were pro-ponzi, and of course, that's the pro-business they are talking about (always).  Not YOU and your small business or whatnot.

Glass-Steagall

Wed, 03/02/2011 - 21:21 | 1013555 New_Meat
New_Meat's picture

jmc
"Barack Obama is 180 degrees different from FDR."

Yep, he's for government unions, FDR nay. O is against corporates, FDR was for e.g. Alcoa and early Boeing.  FDR was for the Draft, O is no playa' in the defense arena.  FDR was for entanglements in Europe and Asia, Our Dear President is ... oops, I'm outta gas.

Elenor was for ... oh nvm.  But Michelle's continued bitchin' is grating on my nerves.  Not even "for the children" nonsense.  And the Marie Antoinette similarities are mildly amusing.

Yep, u must b right, what O is doing, what with bringing Immelt and all of the others, is, well, as you say, "concretely facist."

Don'tcha' know.

- Ned

Wed, 03/02/2011 - 22:09 | 1013668 Dyler Turden II Esq
Dyler Turden II Esq's picture

I was wondering if anyone would notice this.

The idea that Barrack Obama is on the left is simply preposterous. A more or less complete brainwashing by schools/MSM/etc. is required for anyone to believe that. Obama is easily the best friend the vampires of finance capitalism ever had. EVER.

One small point of error though: FDR was not exactly on the left, either. FDR's main purpose was as an alternative to the left, or to revolution. FDR put band-aids over the worst wounds and in effect saved capitalism's ass, during a time when it might very well have lost it.

Thu, 03/03/2011 - 00:10 | 1013988 robobbob
robobbob's picture

O is ready to make any deal to push through the marxist agenda. whats so hard to understand about that? fascist were very socialist. they just understood that the best engine to make it happen was to harness business, not destroy it. we'll see who owns who when its done. Krupp, Thyssen, and Schacht all thought they had deals too.

Thu, 03/03/2011 - 10:18 | 1014666 Dyler Turden II Esq
Dyler Turden II Esq's picture

http://c4ss.org/content/5740
Obama Marxism Watch -- Be Very Afraid!
by Kevin Carson
For over two years, we unappreciated patriots have taken upon ourselves the thankless task of outing Barack Obama as a closeted Marxist and exposing his insidious socialist agenda for enslaving this country.....

Thu, 03/03/2011 - 05:53 | 1014375 NaN
NaN's picture

Obama is totally centrist (hence all his bi-partisan effort); that's about as far left as the oligarchy will allow the country to go.  Anyone who thinks otherwise has not noticed:

  1. banking bailout.
  2. no prosecution of former administration for numerous crimes.
  3. no prosecution of banksters.
  4. allowed the tax cuts to keep going (war + tax cuts never worked well historically.)
  5. fake health care reform act that did not change the trends in costs associated with doctors, hospitals, drug companies, and medical insurance, and it does not go into effect for years.  
  6. no attempt to reduce the military budget

 

The common opponent in all these is big money, plus the former administration benefited greatly from the right shift in the SCOTUS.

(Me:  not aligned with any party.  I like to think for myself.)

 

Wed, 03/02/2011 - 20:50 | 1013502 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

Seriously, none of you are going to survive beyond 12/2012 so why worry about all this?

The trip through the galactic plane. The solar flares will scorch the earth because of the holes in the magnetic field.

All the evidence is right before you. (hint:Charlie Sheen going crazy,etc...)

Does any of this even register with your fluoride coated synapses? Good grief.

http://scienceblogs.com/startswithabang/upload/2010/06/whats_going_to_ha...

Wed, 03/02/2011 - 21:25 | 1013565 New_Meat
New_Meat's picture

George Noory's booker is looking to talk to you.

http://www.coasttocoastam.com/

You can easily get two hours to 'splain the whole situation.

- Ned

Wed, 03/02/2011 - 22:24 | 1013729 Judge Judy Scheinlok
Wed, 03/02/2011 - 22:24 | 1013728 sandvikpanther
sandvikpanther's picture

The purpose of the Presidential candidate is to emotionally swing a majority of the voters behind the agenda of the unelected Executive Branch.  He says anything necessary to accomplish this and later he signs off on the core of the Executive Agenda.  He has some discretionary areas he can fool around with and there are the parties at the WH and all the attention.  A lot of this was news to OJ when he got inaugurated but he got turned around pretty fast.

If he loses the "magic touch" with the mob he will have to quit in '12 or lose.  It is 18 months or so but it is hard to see a winning case emerging anytime soon.  Depends on what kind of video might appear on Youtube.  It was a mistake not to get video of Bubba Clinton and Monica L. so that won't happen again.

Hint: look for a Peewee Herman moment.

Wed, 03/02/2011 - 22:49 | 1013784 glenlloyd
glenlloyd's picture

As the situation becomes more untenable the legitimacy of the existing government representation gets called into question.

 

Thu, 03/03/2011 - 02:13 | 1014235 Scorpio69er
Scorpio69er's picture

Just a note to let y'all know that I, along with my partners, Smith & Wesson, will be heading the New World Order. My demands are modest: Bring me your women and your booze, then go in peace. Thanks in advance for your fealty. 

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