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Guest Post: The Necessity Of Resisting Financial Tyranny

Tyler Durden's picture





 

Submitted by Charles Hugh Smith from Of Two Minds

The Necessity Of Resisting Financial Tyrrany

It's time we defended liberty and democracy against financial tyranny: take your money out of Wall Street and the "too big to fail" banks, and stop funding their fraud, churn and subversion of democracy.

June 14th is a national day of resistance against economic tyranny. We all need to do our part. The good folks at AmpedStatus.org have hosted this site: Acts of Resistance: What Are You Going To Do On June 14th to Rebel Against Economic Tyranny? Demonstrations and public actions are being planned in a number of cities.

If you cannot attend the public events, then consider taking direct action against Wall Street and the "too big to fail" banks.
Direct action boils down to this simple act: remove your money from their grasp. Your money fuels their exploitation, their fraud, their skimming, their lobbying and thus their sabotage of democracy. If we all take our money out of their grasp, then they will shrink or expire.

If you haven't already, move your IRA and other accounts out of Wall Street and "too big to fail" banks. Move the accounts to online firms, local credit unions or local banks. Yes, there are still locally owned and controlled banks. Moving your money to them is a direct-action statement against financial tyranny.

This can be painful. I had a 20-year business bond with my broker, and it was painful to pull the account away from him. But I explained why, and he understood; of course he understood.

Removing your shares and money is important because Wall Street and the TBTF banks use your money to churn profits for themselves. Your shares are sold short, your cash lent out on a daily basis, etc., and the proceeds are used to subvert democracy via lobbying and campaign donations, and to pay for the financial Elites' mansions and yachts and tax attorneys.

The TBTF banks reap enormous profits from credit card and debit card transactions. Using cash instead of paying them a slice of every transaction is another direct-action way to "starve the beast."

A critically important blow against financial tyranny is paying off all high-interest credit cards and other debt owed to Wall Street (margin debt) or the TBTF banks. You earn .01% on your cash, but the banks skim 18% on your credit card debt.

Although this isn't an option for most people, in the longer term, a very powerful direct action is paying off your mortgage and not getting another one. The same can be said of auto loans and student loans. The single most important direct action is to remove debt from their churn machine. Without any home mortgages to securitize, Wall Street can't spin off derivatives of that debt and book profits by packaging and selling it.

A debt-free society where citizens refuse to give their money to Wall Street is a society freed of the financial tyranny that has strangled the economy and democracy
. We as a society have been brainwashed into believing debt benefits us; but that is a lie. Debt actually enslaves us in more ways than one: it enslaves us financially, and gives the Power Elites the means to enslave us politically.

Demonstrations are good, but direct action by millions of citizens is even better. Don't take on $100,000 of debt you cannot dismiss in bankruptcy to get a marginal college degree; find another path that includes financial freedom. Don't fall for the consumerist fantasy of "aspirational spending"--focus on self-expression and enterprise, not on buying a lot of crap with debt that only enriches Wall Street and the big banks.

Focus on paying off debt, even if it means sacrificing consumption.Paying off debt is a political action now, not just a financial act in favor of freedom. Paying off debt, removing your money from the greedy grasp of Wall Street and the TBTF banks-- these are blows for liberty and against the financial tyranny which is destroying the nation.

Yes, we still have a mortgage, but we are devoted to paying it down in advance. We have no auto loans, no student loans, no credit card debt, and we use cash at the grocery stores and farmer's markets. Every dime we each remove from Wall Street and the TBTF banks is a direct action against tyranny and a meaningful reinforcement of democracy and liberty.

 


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Sat, 06/11/2011 - 12:04 | Link to Comment ratso
ratso's picture

Yes indeed.  End your own financial enslavement now.

Sat, 06/11/2011 - 12:18 | Link to Comment mchadellis
mchadellis's picture

suethefed.com

Sat, 06/11/2011 - 12:38 | Link to Comment Zedge Hero
Zedge Hero's picture

Let's all do what we can to topple these bastards.  Here is my weekly newscast against the SOB's.

 

http://www.youtube.com/user/zedgehero

Sat, 06/11/2011 - 13:04 | Link to Comment JW n FL
JW n FL's picture

It needs to be more edgy.. for instance Iran has Tripled its nuke out put to grow its base for medical research.. http://www.presstv.ir/detail/183886.html

 

I could go on and if you would like good info not found on cable news.. you could always follow my posts here.

Sat, 06/11/2011 - 13:09 | Link to Comment topcallingtroll
topcallingtroll's picture

Is my idea of germ warfare against goldman sachs not edgy enough?

Sat, 06/11/2011 - 14:28 | Link to Comment JW n FL
JW n FL's picture

it is not hands on enough for my taste but who is not to say putting the rats in a cage and testings germs on them is not beneficial to man kind at a later date.. if you dont find a cure for the germs the next set of scumbag bankers will think twice before fucking "We the People" over again! LOL!!!

Sat, 06/11/2011 - 16:03 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

Putting up public threats is absolutely insane. 

Sat, 06/11/2011 - 22:10 | Link to Comment JW n FL
JW n FL's picture

he was joking Banker Boy! keep your panties on! no one has stuffed you in a cage and fed you any germs yet! LOL!!

 

This site is for entertainment.. if you politicly correct go some place else and fucking be however you want to be!

 

no one makes you come here and join in with the Banter! fuck free speech on line the last place you can kind of have some fun minus the world crying about the baby seals that the bad words kill is under even more attack! GREAT! FAN-FUCKING-TASTIC EVEN!!

 

Besides? dont you think that Law Enforcement would be more concerned with the Trillions being stolen from "We the People"? No? you think the SEC and the FBI are busy losing on online gambling sites and having to bust them instead of take the loss and watching porn? yeah me too! LOL!

 

as far as my entertainment and my 1st amendment rights.. fuck you and double fuck them! no, make that triple fuck them and you too!

Sat, 06/11/2011 - 22:22 | Link to Comment JW n FL
JW n FL's picture

wait! I forgot! the Trillions being stolen from "We the People" are NOT! Their Job! We here typing on the internet are the Dangerous People that should be stoped at all costs! LOL!

 

and people wonder why the world is sooooooo fucked up??? duuuhhhhh!

Sat, 06/11/2011 - 13:15 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Too late!

The banksters and politeers run & own it all!

Don't believe me, just ask the media that has an absolute news black-out on the Bilderbergers!

Even PBS' god Charlie Rose is an insider with the global elite, you think he's gonna help the wittle sheeple?

I love the smell of stupidity in the morning!

http://a3.img.mobypicture.com/5b5102a19f1d2600b5198d1e4baefbee_view.jpg

Sat, 06/11/2011 - 13:08 | Link to Comment All Risk No Reward
All Risk No Reward's picture

CHS, i enjoy your blog immensely.  thank you for the effort.  however, this statement...

>>A debt-free society where citizens refuse to give their money to Wall Street is a society freed of the financial tyranny that has strangled the economy and democracy.<<

indicates to me you don't understand that MONEY IS DEBT.  a debt free system is one that has no money to pay previous debts AND THE BANKERS FORECLOSE ON ALL DEBTORS - AND THAT WOULD BE ALL OF US AS THERE WOULD BE NO MONEY TO PAY PROPERTY, SALES OR ANY OTHER KIND OF TAX - OR MONEY TO BUY AND GOODS AND SERVICE!!!!

We must END DEBT MONEY FIRST.  we must end leverage and speculation.

and yes, they created debt money to enshrine themselves as our over lords.

or feudal lords.

Sat, 06/11/2011 - 14:08 | Link to Comment Quixotic_Not
Quixotic_Not's picture

FWIW, in the former Democratic Republic of the USofA, it was Unconstitutional to issue debt based currency (Art. 1, Sect. 10), but that didn't stop the tyrannical likes of Abe Lincoln or FDR...

The solution is simple, but the sheeple are too stupid...

The state of nature has a law of nature to govern it, which obliges every one: and reason, which is that law, teaches all mankind, who will but consult it, that being all equal and independent, no one ought to harm another in his life, health, liberty, or possessions ~ John Locke 1690

Hell, even the so-called enlightened don't get it...

Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience. ~ John Locke 1690

Que Sera...

Sat, 06/11/2011 - 16:12 | Link to Comment chumbawamba
chumbawamba's picture

Great article (CHS), great quotes (QN).

I am Chumbawamba.

Sun, 06/12/2011 - 19:18 | Link to Comment jerry_theking_lawler
jerry_theking_lawler's picture

how about www.sudafed.com??

Sat, 06/11/2011 - 12:46 | Link to Comment Dollar Damocles
Dollar Damocles's picture

Paying down debt is nice for those who can.  But for many, default is the better option.  The entire problem of debt slavery, is precisely that many people are caught in a situation where they owe debts that are UNPAYABLE.  So they should not pay them.  They should honestly assess their financial situation and go into default, and the sooner the better.  IMO debt is an illigitimate contract anyway since the money was created from thin air by the banks with no effort, work, or creation of value.  The audacity of creating $s from thin air and then loaning to people at interest...  It is pure and utter fraud and theft.  If the american people understood our system of money and credit, there truly would be a revolution by morning (Henry Ford).

If you really want to strike a blow against the banks...  Default.  Put your assets into gold/silver bought with cash (secret) and show the banks the middle finger.  Both right, and brave IMO.

Sat, 06/11/2011 - 13:28 | Link to Comment TheJudge2012
TheJudge2012's picture

Where do I put my shares?

Sat, 06/11/2011 - 21:15 | Link to Comment ahamer
ahamer's picture

Ask for delivery of the 'certificates' !

Sat, 06/11/2011 - 18:18 | Link to Comment CH1
CH1's picture

Modern alternatives to slave money have been available for some years. (See www.dgcmagazine.com)

Problem is, people don't have the balls to use them.

Ah well...

Sat, 06/11/2011 - 19:25 | Link to Comment tasmandevil
tasmandevil's picture

Okay, I would propose for Tyler and likeminded ZHers to start our own bank, and  I would deposit my money, which ain't much, to get the thing rolling as in rolling rolling rolling

Sat, 06/11/2011 - 12:05 | Link to Comment JimBobOMG
JimBobOMG's picture

Is this QE3?

Sat, 06/11/2011 - 12:23 | Link to Comment css1971
css1971's picture

Eh? No. QE3 was last week.

 

Did you miss it?

Sat, 06/11/2011 - 12:02 | Link to Comment rocker
rocker's picture

It will be interesting to see how low they take the markets.  If they go too low this will also add to the outrage. 

Sat, 06/11/2011 - 12:02 | Link to Comment RaymondKHessel
RaymondKHessel's picture

All i see is a bunch of low foreheads who think they can change the world with dreams and talk. If youre not willing to act, give me a break and shut up.

Sat, 06/11/2011 - 12:31 | Link to Comment Reese Bobby
Reese Bobby's picture

And I'm guessing you are one of the anarchist bunch who sees yourself as a leader in a Mad Max world.  "I will emerge from my trailer park and take my rightful place atop the Post-Apocalyptic Society!  Fuck, they turned the cable TV off again..."

 

Seriously, the low forehead reference was funny and makes it less likely you are a sister-fucker.  So feel free to share your ideas of, "action."

Sat, 06/11/2011 - 12:55 | Link to Comment RaymondKHessel
RaymondKHessel's picture

It's another great quote from THE RUNNING MAN. A movie every ZH'er should love as it basically is a future glimpse into the USA in 2019.

Sat, 06/11/2011 - 15:59 | Link to Comment Prometheus418
Prometheus418's picture

While the movie may be the thing that most are focused on, it should be noted that the Running Man was based off a book by Richard Bachman (Stephen King's pseudonym) and was most recently sold repackaged as a set of four novellas named "The Bachman books".  The other three were pretty good, too.

I mention it because the movie deviated quite a bit from the book, and personally I thought the book was much better.  If you're a fan of the movie, I'd check it out.  Another one worth investigating is "The Postman."  The movie kind of sucked, likely because it starred Kevin Costner, but the novel by David Brin was very interesting.

Movies are all well and good, but they're not a good vechicle for explaining motivations and underlying philosophical ideas.  Sometimes they do ok, and the oft referenced Dr. Strangelove is a great example of that, but the Running Man was just a standard action movie with a strange setting to most.

Whenever you see a movie you like, it's usually worth at least checking to see if it came from a novel.  If it did, odds are that the book will fill in a lot of guesswork.

Sat, 06/11/2011 - 13:07 | Link to Comment topcallingtroll
topcallingtroll's picture

It is better to light a single banker than curse the darkness.

There are lots of good ideas here for general mayhem. Pick one and help us generate more

Sat, 06/11/2011 - 13:13 | Link to Comment TheMerryPrankster
TheMerryPrankster's picture

Perhaps "ignite" or "immolate" rather than "light" would add  more visual impact to that sentence. Deny them their currency, debt, and they will die like vampires in the sunshine.

Sat, 06/11/2011 - 13:22 | Link to Comment topcallingtroll
topcallingtroll's picture

Gather ye faggots while ye may.

Burning time is neigh.

Sat, 06/11/2011 - 21:21 | Link to Comment johnnynaps
johnnynaps's picture

Unfortunately, this country is soo polarized and divided that the obvious solution you mentioned above would not work. Even if the we were to deny the currency, the illegals who make substantially less will be more than willing to step in!

Sat, 06/11/2011 - 12:07 | Link to Comment Hdawg
Hdawg's picture

Too late for the other side, Caught in a chase, 25 to life

Sat, 06/11/2011 - 12:11 | Link to Comment jo6pac
jo6pac's picture

I've been a costumer of a small local bank for 20+yrs great service and if you bank on line there are No Charges. The bank has a A- rating. Shop local if possible and use cash.

Sat, 06/11/2011 - 12:45 | Link to Comment Reese Bobby
Reese Bobby's picture

How do you know your local bank is not an outlier of the Federal Reserve Bank System?  I'm asking because I really don't know.  When I see FDIC insured accounts I don't know what "strings" come attached to that.  Maybe the author of this article knows?

Sat, 06/11/2011 - 13:17 | Link to Comment TheMerryPrankster
TheMerryPrankster's picture

The FDIC, is an actual Federal agency, unlike the Federal Reserve which is a private group of fat cat financial rapists.

http://www.fdic.gov/

Sat, 06/11/2011 - 15:06 | Link to Comment Reese Bobby
Reese Bobby's picture

The Fed is technically a Federal entity.  Don't disagree w/ you on what it is in reality.  My question was whether a bank had to agree to be part of the Federal Reserve Banking System in order to offer FDIC insurance...

Sat, 06/11/2011 - 13:31 | Link to Comment Shell Game
Shell Game's picture

The point is, banks with higher ratings will be less likely to require FDIC backing. The next round in this crisis will likely see massive bank failures and loss of all deposits as the FDIC's 'backing' is revealed as....MIA.

http://weissratings.com/ratings/default.aspx

Sat, 06/11/2011 - 15:39 | Link to Comment Reese Bobby
Reese Bobby's picture

Your local bank will still be 12X levered against deposits and the asset will primarily be loans on your local real estate market.  They are simple but that doesn't mean they are nor risky...

Sat, 06/11/2011 - 12:22 | Link to Comment Cdad
Cdad's picture

 

It's time we defended liberty and democracy against financial tyranny: take your money out of Wall Street and the "too big to fail" banks, and stop funding their fraud, churn and subversion of democracy.

 

Well, well...and speaking of Wall Street "financial tyranny,"  Todd Schoenberger of Landcolt Trading LLC just announced his.  For those of you not sure who he is:  http://www.linkedin.com/in/toddmschoenberger

This is the guy who has been so balls to the wall bullish that he has put David Tepper to shame. After constantly pumping every single stupid bullish Wall Street cliche known to man, from "Global Growth" and "cheap stock valuations" and crazy "upside equity price target" in the "better second half"...including being bullish even as far back as yesterday...this tool waited until today to go bearish.  That's right, on today's Fox News broadcast Cashin' In, Schoenberger just announced that he is, "certain that the US is now headed for a double dip recession by the 4th quarter of this year."

Well, there you have it.  Yet another glaring signal that the undone Tepper Effect is a real problem, and Wall Street cares not a wit about its glaringly bad credibility.  Every ill informed tool has now obviously been sufficiently stuffed into the Pachinko equity market so as to green light tyrannical Wall Street bankers [and financial trading LLCs] to collapse it via their fractal algo driven "investment" vehicles...even the most ignorantly bullish of them all.

I just love it when these so called investment professionals step upon the stage and commit credibility suicide...as surely Todd Schoenberger just did.

From his company's Linked in page:

LandColt Trading's mission is to proactively and ethically offer trading solutions for a client's "explore" investments with a passion for calculated risk-taking and thorough due diligence. The firm is committed to providing a best-in-class user experience. In every subscriber relationship, LandColt Trading strives to be a trusted partner. We continue to move where opportunity exists, bringing our clients and partners with us.

In this case, I guess, ethics include misinforming every single viewer who takes the BlowHorn [CNBC] seriously, and then selling them out with a 180 degree turn [in less than 24 hours] on a Saturday morning.

A picture perfect example of "their fraud, churn and subversion."

 

Sat, 06/11/2011 - 12:32 | Link to Comment Bob
Bob's picture

Good info.  Last night I was channel surfing for something entertaining before crashing and stumbled across Cramer on CNBC.  Usually I avoid him, but his demeanor had so dramatically changed that I was halfway intrigued and watched 5-10 minutes of him. 

His new message is the market is taking a real shit and his "students" must intelligently dig in.  His voice was low and tender as he counseled their fear and disappointment. 

This shit is obviously programmed.  The fundamentals haven't mattered for years now--why such a change in the propaganda?

Sat, 06/11/2011 - 13:15 | Link to Comment Cdad
Cdad's picture

why such a change in the propaganda?

The propaganda has changed to match the new Wall Street mission, that of terrorizing DC politicians by crashing the stock market again, until such time as the Fed announces more monetary stimulus or the debt ceiling is lifted, or both.

This shit is obviously programmed.

NBC, via its long association with/ownership by GE, is the most clear example of a crony capitalist corporation existing in America today.  The network's mission is obviously to help Wall Street banks sign up more folk for financial services...not informing people about the state of the economy or financial markets.  CNBC coverage has become so irrelevant to the facts as to be absurd.  If our capitalistic system worked anymore, the network's license renewal would be in question...for so profoundly failing in its duty as a member of the 4th Estate.


Sat, 06/11/2011 - 13:41 | Link to Comment Bob
Bob's picture

You're right--a way naive question!  Can't believe I said that . . . I remember thinking it as I changed the channel . . . sometimes the damn suspension of disbelief just creeps back over you unawares. 

Sat, 06/11/2011 - 14:51 | Link to Comment Blano
Blano's picture

Your summary of Cramer last night has convinced me to go long by the boatload next week.

Sat, 06/11/2011 - 12:12 | Link to Comment onlooker
onlooker's picture

Changing you bank account to a local bank, from a draconian bank, is good for the community. It provides money for local loans.

 

Support your community and bank with a local bank or credit union.

Sat, 06/11/2011 - 12:43 | Link to Comment Reese Bobby
Reese Bobby's picture

How do you know your local bank is not an outlier of the Federal Reserve Bank System?  I'm asking because I really don't know.  When I see FDIC insured accounts I don't know what "strings" come attached to that.  Maybe the author of this article knows?

Sat, 06/11/2011 - 14:53 | Link to Comment Pure Evil
Pure Evil's picture

From the following link:

http://wfhummel.cnchost.com/fedoverview.html

"The Federal Reserve comprises the Board of Governors in Washington D.C., and twelve regional Federal Reserve Banks."

"The twelve Federal Reserve Banks provide banking services to depository institutions within their district, and to the federal government.  For depository institutions they maintain reserve and clearing accounts and provide various payment services.  These include collecting checks, electronically transferring funds, and distributing and receiving currency and coin.  For the federal government they act as fiscal agents.  As such they maintain the Treasury Department's transaction account; pay Treasury checks; process electronic payments; and issue, transfer, and redeem U.S. government securities."

"The nation's banks can be divided into three types according to which governmental body charters them and whether or not they are members of the Federal Reserve System.  Those chartered by the federal government (through the Office of the Comptroller of the Currency in the Department of the Treasury) are national banks, and by law are members of the System. 

Banks chartered by the states are divided into those that are members of the System and those that are not. State-chartered banks are not required to join the System, but they may elect to become members if they meet the standards.  As of June 30, 2006, there were a total of 7,480 commercial banks nationwide, of which 2,548 were members of the System.  The Federal Deposit Insurance Corporation is responsible for supervising non-member banks.

Member banks must subscribe to stock in their regional Federal Reserve Bank in an amount equal to 3 percent of their capital and surplus.  They receive a 6 percent annual dividend on their stock and may vote for Class A and Class B directors of the Reserve Bank.  However the stock does not carry with it the control and financial interest that is normal for the common stock of a for-profit organization.  It offers no opportunity for capital gain and may not be sold or pledged as collateral for loans.  The stock is merely a legal obligation that goes along with membership."

From this you should be able to visit your local bank's website and determine whether it is a member of the System.

Obviously, taking your money out of Wall Street banks will hurt them, it will not hurt the Federal Reserve Bank since all banks are dependent upon the FEDS to process financial transactions. Do you think your local bank keeps everyone of its depositors money on hand? They all lend it out, whether it's to your neighbor in the form of a home mortgage or to other banks, including the Federal Reserve Banks, using various financial obligations. What a Wonderful Fascist World.

This link should answer any questions regarding any reserves your bank holds for it's depositers.

http://wfhummel.cnchost.com/reservereqs.html

"Adequate Reserves Do Not Imply Solvency 

Reserves comprise funds on deposit at the Fed plus vault cash.   A bank can hold adequate reserves and still be insolvent if its total assets, including loans and securities, do not cover its liabilities.  However a bank in good standing can always borrow in the money market or at the Fed to meet its reserve requirements. 

The measure of a bank's solvency is its capital, i.e. assets minus liabilities.  The Fed imposes a lower limit on a bank's capital relative to its risk-weighted assets to provide a margin against insolvency.  That ratio is what ultimately limits a bank's deposit creation through lending."

A little unknow fact is that even though you hold a non-money market checking account, by which checking account monies are not necessarily used as loan-out funds to other institutions, most banks will transfer your checking account funds to a money market fund overnight and then transfer them back to your account each day. Money market funds are generally used to loan money to institutions short term for profit. With or without your consent or even knowing what's happening. If you open up a money market account, then the following diddy should put any delusions to bed about whether your local bank is pimpin' out your whore money to other johns.

http://wfhummel.cnchost.com/moneymarket.html

"The U.S. money market is a huge and major part of the nation's financial system in which banks and other participants trade hundreds of billions of dollars every working day.  It is a wholesale market for low-risk, highly liquid, short-term debt instruments.  They include short term U.S. Treasury and federal agency debt, negotiable bank CDs, bank deposit notes, bankers' acceptances, short-term participations in bank loans, municipal notes, commercial paper, Federal funds, and Eurodollars.

The money market accomplishes several vital functions.  One is shifting vast sums of money between banks.  This is required because most large banks need more funds than they obtain in deposits, whereas many smaller banks have more deposits than they can profitably use internally.  The money market also provides a means by which funds of cash-rich corporations and other institutions can be funneled to banks that need short-term money.

The money market is where the U.S. Treasury can sell huge quantities of debt with ease.  It is also where the Fed carries out its open market operations to control interest rates and provide for growth of the money supply.  The market is where participants determine the term structure of short term interest rates affecting the yields on Treasury bills and commercial paper of different maturities.  It has also become an international short-term capital market where much of the dollar denominated trade by foreign entities is financed."

In my opinion only, no bank is safe from the fascist practices of the Wall Street financial empire.

Your bank may be more conservative in it's lending practices, but every bank has lending liabilities, some worse than others.

Sat, 06/11/2011 - 15:27 | Link to Comment Reese Bobby
Reese Bobby's picture

Thanks.

From another source:

"In the United States, a state-chartered bank that has opted not to join the Federal Reserve System. Such banks are required to place a certain number of their accounts at a Federal Reserve Bank so as to meet reserve requirements. However, nonmember banks allowed access to the Federal Reserves's discount window are not required to purchase stock in the Federal Reserve. In general, nonmember banks are less regulated than member banks. For example, they are allowed to keep at least a portion of their reserves in interest-bearing securities. They are subject only to the laws of the states in which they are chartered." http://financial-dictionary.thefreedictionary.com/Nonmember+Bank So it doesn't sound to me like you remove most of your money from the Federal Reserve Banking System by using a state-chartered bank even if it is not part of the Federal Reserve System.  Maybe the organizers of this Big Day should have done a little research first?  Hope I am wrong about this... Finally, you should change your ZH name and avatar man.  Satan is nobody to play with and he is real.  Seriously.  I am supposed to tell you that as a Christian.
Sat, 06/11/2011 - 15:36 | Link to Comment Cthonic
Cthonic's picture

How do you know your local bank is not an outlier of the Federal Reserve Bank System?

Every bank chartered under the National Banking Act is required to be a member a regional Federal Reserve Bank.  Such a bank will have "National", "National Association", or "N.A." as part of its legal name.  State chartered banks may opt for membership but most do not.  Remember that the FRS provides liquidity to member banks in times of crises, and as such, keeping a tangible sum of money in a non-member bank could be self-defeating as they have no access to the lender of last resort.

When I see FDIC insured accounts I don't know what "strings" come attached to that.

The biggest strings are the ones in the fine print of your account agreement.  Does your checking account pay interest?  Then it could be a "NOW" or money market account and not a "demand deposit" account, which makes a big difference on funds availability.  FDIC only covers checking, savings, and CDs, and no other products offered by a bank.

However, the biggest attached string is the fact that the Deposit Insurance Fund only has $81B in assets (including $29B in receivables) versus $88B in liabilities.  In a banking crisis, any monies needed by the FDIC to pay off depositors would have to be borrowed from the US Treasury, itself currently at its statutory public borrowing cap.

http://www.fdic.gov/about/strategic/report/2010annualreport/chpt4-01.html

Sat, 06/11/2011 - 15:53 | Link to Comment Reese Bobby
Reese Bobby's picture

You can see from my comment #1361528 above that we are both learning as we go.

It seems State chartered banks that do not choose to be members of the Federal Reserve Banking System still have to keep reserves there.

 

On another topic, what does Smith mean by "online accounts."?  He should clarify or stop dispensing half-ass advice, IMO.

Sat, 06/11/2011 - 16:15 | Link to Comment SerfDude
SerfDude's picture

Reese Bobby: internet only banks have been around for years. Try a google for something like "online only banks" and you'll find some clarification.

Sat, 06/11/2011 - 16:46 | Link to Comment Cthonic
Cthonic's picture

I believe Reese is trying to point out that the given advice is quite nebulous.  The article author should simply state that holding your money in any of the TBTF institutions constitutes aiding and abetting financial moral hazard.

JPMORGAN CHASE & CO., BANK OF AMERICA, CITIGROUP, WELLS FARGO & COMPANY, MORGAN STANLEY, PNC FINANCIAL SERVICES GROUP, U.S. BANCORP, BANK OF NEW YORK MELLON, SUNTRUST BANKS, INC., STATE STREET CORPORATION, GOLDMAN SACHS GROUP, CAPITAL ONE FINANCIAL, BB&T, REGIONS FINANCIAL, FIFTH THIRD BANCORP, AMERICAN EXPRESS, KEYCORP, NORTHERN TRUST, COMERICA

List from : http://www.ritholtz.com/blog/2009/03/19th-nervous-breakdown-tbtf-stress-...

Sat, 06/11/2011 - 16:39 | Link to Comment Cthonic
Cthonic's picture

It seems State chartered banks that do not choose to be members of the Federal Reserve Banking System still have to keep reserves there.

Keeping reserves at the Fed may be a condition imposed on nonmembers who wish to directly clear checks through them. My banking knowledge is obviously dated and limited. In the past they (state-chartered nonmembers) had more flexibility with their reserves. 

http://www.jstor.org/pss/1991721

Sat, 06/11/2011 - 12:13 | Link to Comment augie
augie's picture

I don't want to hear anymore bitching from Anyone unless they attend one of these functions. Its time all of us put our money where our mouth is and not make excuses that "i do enough already." Last time i checked, the jerkoffs who founded this nation gave a whole lot more than just an hour of their time, and maybe 100$ donation.

It's time to man the fuck up.

Sat, 06/11/2011 - 13:04 | Link to Comment JW n FL
JW n FL's picture

people are not yet hungry enough.. sprinkle a little austerity on top and POOF! you have a crowd, energy and some change the sheep can be culled with!

Sat, 06/11/2011 - 12:16 | Link to Comment falardea
falardea's picture

I've already closed all my retirement accounts, and closed my credit card accounts... I guess I could take my money to a credit union on June 14...

 

What else can I do?

Sat, 06/11/2011 - 16:07 | Link to Comment Prometheus418
Prometheus418's picture

Collect beans, bullets and band-aids.

Sun, 06/12/2011 - 00:23 | Link to Comment CH1
CH1's picture

And silver, ammo, toothpaste, light bulbs, toilet paper, maybe a plot of good land, some tools, a reliable vehilcle, some gas storage, irrigation equipt., and so on.

Sat, 06/11/2011 - 12:18 | Link to Comment Old Poor Richard
Old Poor Richard's picture

Any hints on what to do with 401k that you don't cash out?  What investment/mutual fund feeds the beast the least?  Right now I'm in treasuries and money markets, the latter obviously being a huge slush fund they lend out for great profit while paying me a tiny fraction of a percent dividend on the money.

I'm going to take some of the profit I made from paper gold in the Jan-May runup and pay off 20% of my outstanding credit card debt on June 14. 

 

Sat, 06/11/2011 - 12:34 | Link to Comment Abitdodgie
Abitdodgie's picture

Americans are going to do what they are good at on June 14th ,NOTHING!

Sat, 06/11/2011 - 12:55 | Link to Comment Ahmeexnal
Ahmeexnal's picture

Wrestlemania XXIX on june 14th, so I wouldn't say "NOTHING".

I bet action will consist of consuming lots of beer and chips.

Sat, 06/11/2011 - 12:58 | Link to Comment GeneMarchbanks
GeneMarchbanks's picture

That's not fair. Consumption, sitting and looking at things, gambling, being wasteful in general. You're underestimating us big time...

Sat, 06/11/2011 - 12:18 | Link to Comment serotonindumptruck
serotonindumptruck's picture

Any protesters and demonstrators should prepare for a strong, heavy-handed response from law enforcement.

When I was in the 4th grade, I realized the many fascinating things you can do with a bag of marbles. Later on I learned that smaller objects like BB's and shotgun pellets are even more interesting.

Sat, 06/11/2011 - 13:04 | Link to Comment topcallingtroll
topcallingtroll's picture

These are the ideas we need.

Banana peel every person that works for goldman sachs and other big bank holding companies.

A fractured coccyx can result in lifelong pain.

Sat, 06/11/2011 - 13:17 | Link to Comment Fukushima Sam
Fukushima Sam's picture

A good wrist rocket type slingshot is one of a domestic terrorist's best tools.

Sat, 06/11/2011 - 12:20 | Link to Comment Michael Victory
Michael Victory's picture

Politics is the gentle art of getting votes from the poor, and campaign funds from the rich, by promising to protect each from the other. Oscar Ameringer

Sat, 06/11/2011 - 12:25 | Link to Comment Seasmoke
Seasmoke's picture

everyone should just stop paying property taxes......so simple !

Sat, 06/11/2011 - 15:33 | Link to Comment Waterfallsparkles
Waterfallsparkles's picture

The Banks are buying up all of the Properties at Tax Sale.  Collecting the Interest from Tax Sale until redemption and then flipping them for more Money. Plus, why would I Sell my House for the amount of the Taxes?  Property Taxes are usually only 1 to 2% of the Houses value. I certainly could get a better price even thru an Auction.

 

 

Sun, 06/12/2011 - 00:38 | Link to Comment CH1
CH1's picture

Then do something else. But do SOMETHING.

Sat, 06/11/2011 - 12:21 | Link to Comment Montgomery Burns
Montgomery Burns's picture

Can't access my 403b acct on fidelity website this morning. Been several hours. Is this the start of.gov confiscating retirement accts?

Sat, 06/11/2011 - 13:09 | Link to Comment JW n FL
JW n FL's picture

Fly into JAX International Airport.. get a cab to Riverside and then storm the offices and demand you $4.95 back! LOL!

Sat, 06/11/2011 - 13:14 | Link to Comment Montgomery Burns
Montgomery Burns's picture

 I guess good acid IS still available.

Sat, 06/11/2011 - 14:30 | Link to Comment JW n FL
JW n FL's picture

it was a joke!

 

bend over!

 

and have someone take the stick outa yer tight ass! loosen yer butt up a little! i am NOT the bankers or government!

Sat, 06/11/2011 - 12:29 | Link to Comment AladdinSaneGirl
AladdinSaneGirl's picture

Wow this is some lesson. If my stocks survive the summer, i'm gonna be a different kinda investor next year. Wooo!

Sat, 06/11/2011 - 12:28 | Link to Comment BernankeHasHemo...
BernankeHasHemorrhoids's picture

The sheeple deserve what they get. They bitch about the bailouts but there they are with their BOA and Citi accounts. Starve those suckers! I only bank with a credit union.

Sat, 06/11/2011 - 12:29 | Link to Comment MolotovCockhead
MolotovCockhead's picture

Been there, done that...still doing it. Starve those rabid dogs.

Sat, 06/11/2011 - 12:34 | Link to Comment rwe2late
rwe2late's picture

Even if you use credit cards at the major retail chains (like Walmart),

you should NEVER use credit or debit cards at LOCAL businesses, food co-ops, restaurants, veterinarians, etc.

 - because the banks charge the businesses  5% or so of every transaction.

Sat, 06/11/2011 - 13:12 | Link to Comment DRT RD
DRT RD's picture

We own 4 c-stores and we get charged an average 2.5%.  It gets complicated, they have swipe fees, and  collect a percentage of the total sell. Pay at the pump is the most expensive, and American Express is the worst cc company to deal with. Their fees are outrageous because of the perks they offer.  We are also responsible for stolen card charges if they paid at the pump.  Also, if we let a customer pump more the $75.00 at a time, we are responsible if said customer doesn't pay their vig.

 

Sat, 06/11/2011 - 12:36 | Link to Comment bob_dabolina
bob_dabolina's picture

I have to have a 401k to be part of my company's profit sharing. The profit sharing can be 20-30% of my salary less bonus.

sorry

Sat, 06/11/2011 - 12:49 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

hahaha!  we understand, bob_d!

Sat, 06/11/2011 - 12:32 | Link to Comment bigwavedave
bigwavedave's picture

see you next tuesday.... ;-)

Sat, 06/11/2011 - 12:41 | Link to Comment anony
anony's picture

This can't be anywhere near a solution.   The only debt I have is the  money that the banks send to me, interest free for one year, in effect PAYING me to take their money which I then invest in high interest and dividend paying securities and roll over the following year. A no-brainer.  Truly money for nothing (not counting the decrease in the value of my FRNs when and if I visit Paris, Madrid, Firenze or Mikonos).

No mortgage or interest to pay, I lend money not borrow it.  Drive a 16 yr old Toyota.

And yet I don't think this is anywhere near what a single individual like myself can do to stop these crooks.

I need something with teeth in it. This doesn't cut it.  

What I'd really like to do is hire a terminally ill person with some serious Black ops training to make extinct several key players like Bob Rubin, Vernon Jordan, Joe Cassano, Lord Blankfein, jamie Dimon, LArry Fink, Gary Gensler, theBernank, theBamster, H. PAulson, T, Geithner, Neil Kashkari, Chris Cox, Chris Dodd, Barney Frank, Bill Clinton, Rangel, Ted Kennedy ({whoops), Alan Greenspan, LArry Summers, Angelo Godzillo, Larry Summers, and the rest of the unindicted co-conspirators, here and in London.

It's hard to believe that the majority of these play-uhs actually attendecd Yeshiva, which supposedly teaches virtues of personal responsibility, charity, caring for others, and not the vicious tactics they used to relieve themselves of their own monumental errors shoving their debts on to the rest of the known universe and paying themselves evern now, trillions on bonuses.

 

 

Sat, 06/11/2011 - 12:41 | Link to Comment Abitdodgie
Abitdodgie's picture

If you want to hurt the TBTF go open an account and put $5 in the account and forget about it ,then the bank has to send statements and service your account , it costs them money

Sat, 06/11/2011 - 12:42 | Link to Comment bob_dabolina
bob_dabolina's picture

or....you can take out a HELOC, credit cards, and other lines of credit, buy a bunch of farm land/real-estate in a nice South American conutry and be an ex-pat having never paid off your lines of credit.

You can always go with Abitdodgies idea but my idea is more effective and enjoyable.

Sat, 06/11/2011 - 12:54 | Link to Comment anony
anony's picture

Can't leave the country just yet, but I have set up lines of credit years ago, that could be used for that purpose which I have fantasized about time and again though I've never attempted to take the cash allowance on them all out in one swell foop, don't know if that would red-flag them and shut 'em down.

I need something far more aggressive.

 

 

Sat, 06/11/2011 - 13:18 | Link to Comment Sean7k
Sean7k's picture

Not quite that simple. The US now monitors ex-pat accounts and requires foreign banks to send records. One reason why foreign banks no longer like american accounts. Two, in order to give up your citizenship, you have to go through a check out to assess if you owe any money to anyone.

Finally, remember to check on GMO foods in your country of origin. Many countries are being ruined with GMO's (Brazil, Paraguay, Uraguay and Argentina) to name a few. 

I suggest you try living a lifestyle that minimizes consumption, maximizes savings in PM's, eliminates debt and allows you to feed yourself. This will do more to damage the Elites than anything else presently. 

Stronger measures may become available down the road...

 

Sat, 06/11/2011 - 12:47 | Link to Comment topcallingtroll
topcallingtroll's picture

If you work in food service spit in a banker's or politician's food.

Exempt us non financial, non legal types who make less than 300,000 per year, the small business types.

if you have hepatitis B or C prick yourself and put a couple drops of blood in a red sauce or red drink.

it will take a year or more for them to get sick and the source is untraceable.

Sat, 06/11/2011 - 13:05 | Link to Comment Village Idiot
Village Idiot's picture

"If you work in food service spit in a banker's or politician's food."

Love it!  May I add a few of my own?

  • Pee in their drink
  • Strategically placed boogers
  • Pick ass with finger and use as a flavoring agent on rim of martini glass
  • Work at KFC? Roll a turd in some of the colonel's recipe, fry, add to bucket
  • Anonymously video said food enhancers being added and consumed if possible and post.
Sat, 06/11/2011 - 13:15 | Link to Comment topcallingtroll
topcallingtroll's picture

But the force of the dark side must only be used against bankers, boards of directors of bank holding companies, and politicians.

I would like to include lawyers, but there are a few cool ones like JW in FL

Sat, 06/11/2011 - 13:22 | Link to Comment Village Idiot
Village Idiot's picture

"I would like to include lawyers, but there are a few cool ones like JW in FL"

...or bankers like me.  The resistance needs some sort of a visual symbol.  Many have been calling out for something.

Sat, 06/11/2011 - 13:37 | Link to Comment JW n FL
JW n FL's picture

V.I. you are welcome to the safety of the islands! if you want you can ride jet skis with the women!

 

I want a rope and a list!

 

I was not trying to be a dick when I said this.. I like you so safety is no problem.. coming down to the island is an invite not a slight as much as it read like one back to me after I pushed save.. sorry buddy! much Luv to you and yours as always good sir!

Sat, 06/11/2011 - 13:40 | Link to Comment Village Idiot
Village Idiot's picture

I will take you up on that offer, my man.  Seriously.  List and rope sounds like a fair trade, btw.

edit: i read it as a sincere offer. 

Sat, 06/11/2011 - 13:45 | Link to Comment topcallingtroll
topcallingtroll's picture

We need a secret society symbol, a ring we can flash to fellow food servers so they dont inadvertently ass rim the drink of an innocent.

I am still laughing and barfing at the same time about the kentucky fried turd.

Sat, 06/11/2011 - 14:24 | Link to Comment Village Idiot
Village Idiot's picture

LOL.  Ok, so how about a ring made out of pm of your choice with ZH symbol.  Whatever. As history shows visual symbols can be very powerful and tend to build synergy.  I know someone who specializes in jewelry design and has the resources to turn out a nice ring.  If there is interest, I can talk to him about a price.  Available through ZH?  I've floated this balloon before.  Doesn't have to be someone I know, but I'd buy a ring if one was available.

 

edit: if there was a secure way to mail in enough of one's personal pm stash to have a ring made...talk about pride.  Custom rings, brass knuckles, grills, whatever.  In yo' face!

Sat, 06/11/2011 - 15:35 | Link to Comment topcallingtroll
topcallingtroll's picture

A ring with the zero hedge symbol.  I am sure it wouldn't be too hard to get permission.  Offer zero hedge two dollars per ring.  I know there are 10,000 people out there who would wear one.

It would be like the old Masons.  Flash the ring at your captor in the prisoner of war camp.  If he is a Zher then you get human food instead of dog food.  Maybe some tea every once in a while.

Sat, 06/11/2011 - 16:35 | Link to Comment Prometheus418
Prometheus418's picture

Couple practical thoughts here.

First is that it's not hard to make a ring yourself.  I have an uncle who makes dental crowns in a small office in his home as a side gig.  He uses a lost wax method that is actually very simple.

Silver and gold are very easy to melt, if you are so inclined.  You can melt silver with a propane torch, and I believe (though have never tried it) that you can melt gold in a cast-iron skillet on the stove top.  It is similar to lead in that regard.

Lost wax casting involves taking a wax blank (they can be ordered from jeweler's supply houses) and carving it to make what you want. Many of these are already ring shaped, and have a blank area that would allow you to put any symbol you want on it with a hot pin.  The blank is then packed in a small box with gypsum, and a wax sprue that allows the metal to reach the blank.  To cast the blank, it goes in a centrifuge about the size of a washing machine tub.  This has an arm with a groove in it and a cup in the center- the box with the blank goes on the end of the arm with the sprue aligned with the groove.

To cast, you melt the metal, and dump it into the cup in the center of the centrifuge while it is running.  centrifical force pulls the molten material down the groove, and into the wax sprue.  The wax burns away as the metal flows into it, and you are left with a ring with a sprue rod sticking out of it.  You open the casting box and give it a tap, and it will fall out.

All that is left is to cut off the sprue and polish the ring.

A guy could do it for under $500 in startup costs, with a little ingenuity, and it takes less skill that you might think.

As far as shipping metals goes, don't over complicate it.  A ring doesn't take much metal, and you can send a quarter oz of materal in a padded mailer from the USPS with insurance no problem.  I've bought a couple dozen silver rounds off ebay this way, and it's never been an issue- unless you know what is in the envelope, you can't tell.

An even easier idea might be to purchase one of these 

http://cgi.ebay.com/BEN-FRANKLIN-HALF-DOLLAR-COIN-RING-SIZE-8-14-/170633281257?pt=Coins_US_Individual&hash=item27ba893ee9#ht_782wt_1158

and carve in the symbol with a Dremel tool.

 

Sat, 06/11/2011 - 13:34 | Link to Comment JW n FL
JW n FL's picture

lol! I will have you know sir that I am no esquire.. the little of law I studied way back when.. the knowledge fell victim to strippers and vodka! in my youth! I promise you kind sir!

 

but I do have more than a few that are on retainer!

 

but back to the fun stuff! who to hang for treason!

 

All fo the heads of the FBI / CIA / NSA for letting our Country be sold off to China 50,000 jobs a month for a decade.. how is that good for National Security.. and NO! I dont give a fuck how nice an office they got from the AAA rated Corps when they left the public sector! moher fucking traitors!

 

Presidents! all Living except Carter.. he was an idiot but not an evil idiot!

 

Congress from way back.. all of them! Senate same thing!

 

How many Gov's? knew what was going on.. the Larger States? maybe? need someone to investigate it really.. get some sherriff from the middle of fucking nowhere who has clear head and good soul to ferret out these scumbags that have laid waste to our once Great Country!

 

The list of people that are not in front of the Camera's is the one I would like to personaly execute!  The Traitors who paid all those Lobby Monies to pull strings to fuck over "We the People"! I want them to swing from the White House Lawn every evening on World Wide Television so that they never again think of Coming to the United States!

 

one thing I have noticed.. is that the Jews are getting a LOT of face time while this shit spools up and the WASP's are nowhere to be seen? as usual. LOL!

Sat, 06/11/2011 - 18:05 | Link to Comment Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

TERM LIMITS:  Along these same lines my nephew had an idea for a term limits law with teeth.  Every year randomly select one U. S. Senator and four members of the House of Representatives to be hung on National T.V.  Hell, in the 1960s Congress had a lottery to determine which of our boys would have to go over to Vietnam and die so why not do this:)  I predict there would be extreme reluctance for politicians to run for yet another term.

 

Tuco Benedicto Pacifico Juan Maria Ramirez

Sat, 06/11/2011 - 21:21 | Link to Comment Abitdodgie
Abitdodgie's picture

I know a good sheriff , sheriff hook of Griggs county , North Dakota , he knows the score

Sat, 06/11/2011 - 13:18 | Link to Comment Montgomery Burns
Montgomery Burns's picture

Of course bankers and politicians are stopping into KFC for a bucket of extra crispy. How does a bartender in a restraunt know who he's making a drink for?  This is why I don't eat out anymore.

Sat, 06/11/2011 - 14:10 | Link to Comment Village Idiot
Village Idiot's picture

Please see my above post.  the resistance needs a visual...

 

EDIT: like military strategy - clearly identify your target before launch. If said turd ends up in mouth of targets guest...collateral damage, sorry.  war is ugly.

Sat, 06/11/2011 - 14:28 | Link to Comment serotonindumptruck
serotonindumptruck's picture

One small problem.

The resistance can be infiltrated, much like the Amerikan militia movement.

Who's to say your "visual" isn't a counterfeit?

Sat, 06/11/2011 - 13:55 | Link to Comment topcallingtroll
topcallingtroll's picture

Everyone recognizes the top oligarchs and bankers when they show up to a restaurant.

Sat, 06/11/2011 - 14:14 | Link to Comment Village Idiot
Village Idiot's picture

"Everyone recognizes the top oligarchs and bankers when they show up to a restaurant."

Any food servers follow this site?  You probably know when and where said guests dine.  This site is anounymous after all.  Where does Mozillo hang out?  Shit, 70% of our economy is service related and no one around here knows anything? last time I checked "service" wasn't part of the "protected" class.

Sat, 06/11/2011 - 14:21 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Mozilo = Winner!

Tell me I'm wrong...

Sat, 06/11/2011 - 14:05 | Link to Comment Things that go bump
Things that go bump's picture

A deck of cards with pictures on them?  It worked in Iraq.

Sat, 06/11/2011 - 14:38 | Link to Comment JW n FL
JW n FL's picture

+++++++++++++++++++++++++++++++++++++++

Sat, 06/11/2011 - 16:36 | Link to Comment Prometheus418
Prometheus418's picture

I want one.

Any way to get this done with pictures of the people who are raping us?  

If this gets made, I'll order a case of 100 decks for distribution.  Should include a short blurb explaining who the person is, and why they are to be targeted.

Sat, 06/11/2011 - 19:24 | Link to Comment calltoaccount
Sat, 06/11/2011 - 12:45 | Link to Comment topcallingtroll
topcallingtroll's picture

Does regions count as a small bank?

I am technically a small business so i dont have access to a local credit union, right?

I will definitely try to organize something local in northwest arkansas.

Will probably be me and a homeless guy who will carry a sign for beer money.

Sat, 06/11/2011 - 13:08 | Link to Comment Village Idiot
Village Idiot's picture

@topcalling

go to SF.

 

 

 

 

Sat, 06/11/2011 - 12:48 | Link to Comment Caviar Emptor
Caviar Emptor's picture

Soon Americans will be faced with 2 choices: 

Become a model slave or stand up for yourself, the country, the world. 

A model slave will just keep spending it all on things he doesn't really need, just as he was programmed to. And most of the things he's programmed to buy are made overseas, causing more industry and jobs to leave. And many expend needed resources that are dwindling and getting more expensive (like monster SUVs to shop for underwear at the mall). 

By standing up and committing the treasonous act of saving, or conserving or even planning for the future, the ex-slave would be trying to preserve himself, his family, the country and perhaps even the planet. 

Of course anytime a slave stands up he's taking a big risk. Boss man ain't gonna like it. He's gonna send some overseers to make you. But there's strength in numbers and the numbers of de-programmed slaves will grow fast

Sat, 06/11/2011 - 13:11 | Link to Comment JW n FL
JW n FL's picture

once the population is reigned in..

 

it is easier to kill a million people in this day and age of instant communication and information than manage a million people.

 

finite resources and over development of the United States..

 

what happens when hunger is created in the masses? I dont care what your beliefs are.. but history has shown us again and again that when you have a hungry mob.. or a hungry enough mob.. what the result of the mob + hunger will be.. which is large scale DEATH and Destruction!

 

factor in we are talking about America where there are 5 guns per person and 10 Billion Bullets a year sold (10 billion is a real number, use google for ATF numbers). sprinkle in some forced austerity and BOOM! you have Hunger Riots which turn into Racial Riots or God Knows What kind of Riots.. but the end result will be a much smaller Mob left to manage after all the killing of each other is done.. and the Mob that is left will be so much more manageable after all the death and hunger.. considering all the brave souls with passion about freedom or human rights will be killed first on the front lines!

 

Finite Resources SUDDENLY are going to last a LOT! Longer! With all the brave Freedom Loving People Murdered by their own through trickery of the U.S. Government / Lobby / Owners of the Lobby.

 

But more important than even that, the Mob is now manageable after the mass kill off of Patriots.. power will be restored to the people who created these recession(s) / depression(s), the same people who create the Faux Fight to cause Austerity to reign down on the Sheepeople are the same people who will be better able to control what’s left after the fires get put out. The People in control will remain in control and have an even better grasp on the sheep with more resources or more accurately the same amount of resources with less people using them! And those same masses will have a significantly diminished expectation with regard to quality of life.  

 

the passionate people, the people who care and who would fight for the rights of the people.. will surely be some of the first killed. the willing to fight for their rights will be eliminated and only the sheepeople or mostly the sheepeople will be what is left.. there is no World War to send these people who are willing to die for their beliefs too.. these people who would fight to the death for their beliefs are the Biggest Danger to the Lobby Owners. People who believe in the Constitution and People willing to fight for and even if need be die for the Constitution are the threat to the Lobby Owners or the Status Quo. Not only when it comes to easily being able to control / rob “We the People” but as well with the only people being left agreeing to a much reduced quality of life. Easy people to push around who can easily manage the service economy that is left in the United States, who will accept the 3rd World Rule of Law forced upon them and easily accept the 3rd World living conditions as that is what they are used too. Aztlan Bitchez! http://studentorgs.utexas.edu/mecha/archive/plan.html

 

What easier way than to let the stupid sheepeople kill the people with some kind of real belief system? whos left after all the little people get done killing each other? who is left once the masses are worked up into a hornets nest? who will suffer the most when the masses start killing one another?

 

not the Goobermint! they are all going underground! not me and my kind we are going to the Bahamas or other.. the poor, hungry belief ridden people will be left to die and suffer and the cowards who ran and hid from the fighting will be what is left to manage when the dust settles. As they have no real will to fight, they just want to survive so living in chains is better than death. That is who your neighbors are, that is what the masses are capable of.

 

The Cowards are all that will be left once the fighting dies down. The Cowards who dont care and just want to make everyone happy! even if it means them fucking themselves in the ass with a dildo because the creme' that rises to the top is to fucking lazy to do even that any more.

 

America is to filled with people who have guns and are willing to fight.. that is not a controllable crowd.. or more to the point they want an easier crowd to control than what is here now. Population control while getting rid of the Free Thinkers! And “We the People” are going to do it to ourselves via some pressure applied from Washington D.C. in just the right spots!

 

nothing but civil unrest comes from starving people and that is what a LOT! of you have talked yourselves into is a good thing for this Country, “AUSTERITY FOR THE POOR”.. and the top 1% of 1% just wants control over an easy going group of sheep. Civil unrest, let the hungry starve and let the top 1% or 1% have exactly what they want.. because it is good for you how? You live out in the middle of nowhere? well let’s hope the hungry crowd doesn’t find you cowards out there hiding! while the real men who believe in something die for no reason other than to clear the road for the top 1% of the 1%.

 

http://www.youtube.com/watch?v=O5Xe_ATNWQQ

Al Bartlett on energy consumption versus population

 

http://www.youtube.com/watch?v=ClqUcScwnn8

David Rockefeller speaks about population control.

 

Obama's Science Czar..

http://www.google.com/#sclient=psy&hl=en&source=hp&q=obama+science+czar+population+control&aq=1&aqi=g2g-v2g-sv1&aql=&oq=obama+science+czar&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=71c6c4af87148765&biw=1266&bih=575

 

http://vimeo.com/6475921 Control in Modern Times! Easier to Kill a Million People than Control a Million People in these modern politically awaken times. Revolution will come, will you be a spectator or will you help change your own future.. your children’s future, for the better?

 

Consider that 59% of Americans are receive some type of Goobermint Help.. and when that Help it taken away.. that 59% of Americans will be hungry.. Forced Austerity upon the poor and hungry so that the resources will last longer and the masses left will be easier to Rule / Serve! LOL!!!

 

Hungry, Armed Americans looking for food.. can NOT end well for the Country.. But Record Bonus Monies for Wall Street! and the sheep are asleep while this slow boil goes on!

 

Let the idiot brigade now begin describing how with no jobs that the poor pulling themselves up by their boot straps is helpful to ALL Americans!

 

 

 

**********************************************************

 

Pay Attention stupid.

 

Corporations Own the Lobby!

 

The Lobby Owns the Government!

 

Law Enforcement works for the Duly Elected Lobby Whores!

 

We the People = Screwed!

Sat, 06/11/2011 - 13:15 | Link to Comment Village Idiot
Village Idiot's picture

@JW

Missed the chance to say thank you for the kind words, fucker.  Power to the people, my brother.  Carry on. 

Sat, 06/11/2011 - 16:56 | Link to Comment Sven Sikztu
Sven Sikztu's picture

Yoww- nice doomsday scenario! but an armed free-for-all would result in too big of customer-base decline; the '1%' probably want some reduction in numbers but 50% would be bad for business; they like CONTROL better than destruction. All those TSA thugs as FEMA camp guards will need to be overlords of somebody!

Sat, 06/11/2011 - 12:45 | Link to Comment No Mas
No Mas's picture

ZH continues to be one of the best sites to find really funny shit posted.

June 14th.  Oh yeah, there'll be hell to pay I tell you!!  Listen, if everyone who gives one rats ass about any of this stuff shows up in one place at the same time, you still wouldn't have enough attendance to justify an old WWE wrestling reunion show.

Remember when robo-signing was the cause de jour??  People aren't going to stand for it the posters would scream!!  There will be hell to pay; bodies will be hanging from lamp posts by the summer!!

Well, nothing happened except what I envisioned; bankers have made money, lwyers have made more money and those in default are renting with section 8.

Protest??  What a fucking joke!!  This country has not the collective balls to do one damn thing about anything Wall Street or DC has done and never will...  you can bet your ass that after the next election cycle nothing will have changed.  Same rats, same scum and same victims.

It is what it is.  People (and the worst are the ZH faithful) are sheep who follow whatever or whomever says what they want to hear.

Same day, same shit, different color.

Correct?

Sat, 06/11/2011 - 12:58 | Link to Comment topcallingtroll
topcallingtroll's picture

Individual action is much more powerful.

Find a nonviolent way to harm them. Lots of ideas.

Spit in the food and drink of a banker or politician or a member of the board of directors of a bank or any financial institution.

If you have hepatitis b or c put a few drops of blood in their red sauce or their drink.

Fight club can blow this place up before anyone knows that fight club exists

Sat, 06/11/2011 - 19:09 | Link to Comment serotonindumptruck
serotonindumptruck's picture

The very last thing that any (federal) LEO would like to read here are suggestions wrt food contamination with random bodily fluids.

After all, these same federal LEO's consider themselves "the good guys", and it just wouldn't sit well with many of them to know that their food is being "experimented" with back there in the kitchen.

Sat, 06/11/2011 - 13:07 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

@ noMas;    my mom doesn't like me to be subjected to stuff like: Listen, if everyone who gives one rat's ass about any of this stuff...    

...hi mom!

she sez UR forgiven and you shld come back to zH when you have some funny shit to say.  Hahaha! 

Sat, 06/11/2011 - 13:18 | Link to Comment JW n FL
JW n FL's picture

this guy is like mynhair.. a Police Plant! they want you to say anything so they can turn you into the FBI.. or whatever!

 

they are lookig for the true believers! so they can scrub their hard drives and life for that matter looking for something to pin on them.. meanwhile Wall Street fucks "We the People" for another Trillion! LOL!!

 

our Nation is a FUCKING BAD JOKE!!! and "We the Sheep" are getting what they deserve.. so are the rest of us!

 

"God who gave us life gave us liberty. Can the liberties of a nation be secure when we have removed a conviction that these liberties are the gift of God? Indeed I tremble for my country when I reflect that God is just, that his justice cannot sleep forever. Commerce between master and slave is despotism. Nothing is more certainly written in the book of fate than these people are to be free. Establish the law for educating the common people. This it is the business of the state to effect and on a general plan."

 

http://en.wikipedia.org/wiki/Jefferson_Memorial

 

None! of US have made sure that the common man was educated, thusly we ALL suffer the Common Mans Ignorance! and Justly So!!

 

Sat, 06/11/2011 - 13:23 | Link to Comment JW n FL
JW n FL's picture

or.. you and I can admit that the plan has been baked into the populace and the result is fucking astounding!

 

we were too busy fucking off while these idiots were educated, less than.. and happy in our superior knowledge we were until ignorance was thrust upon us!

Sat, 06/11/2011 - 13:09 | Link to Comment michigan independant
michigan independant's picture

Choose, walk away at your own pace. Either way an inflection point will not surprise the prepared. Does Corporate have cash on the balance sheets in a balance sheet recession now? What survived the margin calls way back when... Please save the semantics. Those who know what is to be or may not be are good stewarts. When the consolidations clock stop that is when the bears will feast. We started shifting in 2005 for this. Some of us survived over 6 billion in sales Corporations implode by .Gov whims and testamony to issues. We are not fools. We provide services to the customer globally. Why were markets areas abandoned? Pogo was correct we have seen the enemy. The market will survive even when the crayon chewers with blue and red one cease to exist. Yes issues abound but time lines are context you may of missed.

 

Sat, 06/11/2011 - 14:31 | Link to Comment anony
anony's picture

Could you translate this into a common language?   Esperanto will suffice, if English isn't your first language.

Sat, 06/11/2011 - 14:26 | Link to Comment anony
anony's picture

You're getting nearer to an  essential point that practically everyone overlooks:  The disUnited States is far too large, distributed, multi-cultural, poly-racial, below the 5% of the population line.  Not so at the top 5% who look pretty much to be all the same color, organized into one omnipotent powerhouse, and of the same mind: Leave my stuff alone.

As such, with the U.S. people spread out over so many millions of sq miles, don't expect to see hundreds of thousands organized in one place to do any good whatsoever.

Without the leverage of Secession, without, say, Texas, Florida, Californica, or other large states seceding from the union there is no hope of forming a new government model.

Lincoln made a huge long term error in killing over a million and half men and ruining as many families to keep the union from doing what it naturally should have done in 1861:  Split apart. 

At least we might, by now, have prevented most of the abuse that the FED and Treasury has been fit to lay upon the entire 320.000.000 population in order to keep the plutocrats from having to pay for their mistakes.

Sat, 06/11/2011 - 14:36 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Lincoln made a huge long term error in killing over a million and half men and ruining as many families to keep the union from doing what it naturally should have done in 1861...

If you had studied Lincoln in more depth, you'd realize that was exactly the outcome that the Father of BIG .gov wanted.

Sat, 06/11/2011 - 17:46 | Link to Comment Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

I agree.  Preserving the union was not worth one drop of blood.  If you think otherwise, whose blood would you have willingly spilled!?  Your son's, your daughter's, your own?!  This is the kind of analysis we should all make before we decide which wars are worth fighting.  That said, I am willing to spill my blood to save this Republic for my family and my ancestors.  That's a decision we all must make before that knock comes at the door.  At that time your reaction must be an "automatic response mechanism".

Death to the New World Order!

 

Tuco Benedicto Pacifico Juan Maria Ramirez

Sat, 06/11/2011 - 12:49 | Link to Comment dick cheneys ghost
dick cheneys ghost's picture

IMF hit by cyber attack..........

 

http://www.nytimes.com/2011/06/12/world/12imf.html

Sat, 06/11/2011 - 14:28 | Link to Comment Things that go bump
Things that go bump's picture

What is wrong with these people?  Would it be that much trouble to attack the in ternal rev enues ystem as well?

Sat, 06/11/2011 - 12:56 | Link to Comment IdioTsincracY
IdioTsincracY's picture

Debt is only part of the problem ...

as many of us complain about the system, we also take advantage of the fact that we can bet on commodities, currency exchanges, etc... following trends and making transactions that add absolutly nothing to the real economy. In fact the whole thing extracts money from it.

In the end it's good for me ... so screw the world!

However, then we can't complain when others screw us!

Sat, 06/11/2011 - 14:30 | Link to Comment dark pools of soros
dark pools of soros's picture

can we naked short pussy to make it cheaper?

Sat, 06/11/2011 - 12:56 | Link to Comment BennyBoy
BennyBoy's picture

We have your IP address, your bank account number, and your balance is now .....zero.

 

Thank you,

Your Friendly FED

 

Sat, 06/11/2011 - 13:01 | Link to Comment BennyBoy
BennyBoy's picture

Fools, paying off debt is not a politcal action.

 

It is financial terrorism.

 

As is withdrawing money from TBTF banks that own and run the FED.

 

Sincerely,

The Ruling Elite

 

Sat, 06/11/2011 - 13:15 | Link to Comment topcallingtroll
topcallingtroll's picture

Remember people all these great ideas should be limited to bankers, boards of directors of bank holding companies, politicians, and anyone at AIG in a managerial position.

Ok GM and chrysler management too.

We want small business and sheeple to stay on our side. Dont ass rim their drinks.

Sat, 06/11/2011 - 13:32 | Link to Comment lynnybee
lynnybee's picture

thank you, David de Graw, for speaking up & helping to educate the unenlightened.     I have my day all planned.    First, I will visit my coin guy & swap out more paper for silver.   Then, I'm going to continue educating my family & friends regarding our monetary system & help them understand that we are going to have to go through revolution for the sake of our children & grandchildren.   Then, I'm going to add a few more canned goods to my stockpile & make a donation of foodstuffs to one of my friends who does not have as much as I do, I'll go back to the "old way" of charity towards those less fortunate.

Yes, I have my DAY of RESISTANCE planned.

Sat, 06/11/2011 - 13:28 | Link to Comment Fix It Again Timmy
Fix It Again Timmy's picture

Jack up all your credit cards to the max limit, buy physical precious metals with said cards, hopefully watch your net worth appreciate and if you need cash, sell some metals - you will get as much cash as you need without paying the exhorbitant rate for cash advances and not be limited to the 2-3K which is the typical cash advance max - why work for money when they will give it to you if you have a decent credit rating?

Sat, 06/11/2011 - 13:33 | Link to Comment Rhodin
Rhodin's picture

Long done, though it took years.

Got no mortgage. No other debt. Use credit cards if required, but avoid places they are required. Need to be carefull with this when traveling.  In some areas, police fund themselves with cash confiscated from those carrying "too much".

Overall a usefull strategy, it yields some freedom from the debtlords and maybe a thinner file from the tracking bots, but I'm under no illusion it bothers the banksters.  If they need more "profits" the FED will charge the taxpayers more.

If opting out bothers the tracksters, they might make some form of debit system mandatory for most transactions,  without impacting their allied drug lords.

I'm all done with cities, so will not be joining the festivities.  Good luck with that.

Sat, 06/11/2011 - 13:52 | Link to Comment Franken_Stein
Franken_Stein's picture

 

Well then I have a serious question:

 

Where does that stop ?

At which tax rate are YOU going to say: Enough is enough !

 

40 % ?

50 % ?

60 % ?

100 % ?

 

Where do you draw the line ?

At which tax rate is your personal puking threshold ?

 

How deep do you let them put their dicks up your ass, until you say: Ouch, this hurts man ?

 

Sat, 06/11/2011 - 15:06 | Link to Comment Rhodin
Rhodin's picture

Good question.  Don't know the answer.  Gave it some consideration.  We sent six figures to IRS this year,  and our residential property tax is approaching what we could charge for rent.   

Have strategy change still underway. Startup business may have high expenses. Meanwhile we are working less for FRNs, staying home more and raising most of our food and cutting wood for heat.  This tax year IRS may write us a check.

Our municipality may discorporate in a few years. They don't see that yet. Their cut of the tax (and budget) goes down each year.  Most of the property tax goes to state, county and school district.  Most municipal positions are low/no pay elected (part time) and few will run.  I have refused consideration for appointment to vacant position. Not wanting to be a target when the implosion comes.

 

Sun, 06/12/2011 - 01:00 | Link to Comment CH1
CH1's picture

I am told that as it drops below 5%, they start feeling like they should start spreading something around.

Sat, 06/11/2011 - 15:24 | Link to Comment Waterfallsparkles
Waterfallsparkles's picture

Rhodin, You make a good point.  What if everyone just took their Money out of the Bank for their expenses and did not pay with a Credit Card.  Even for a Month this would hurt the TBTF.  This would also help local Merchants as they also would make more because the would not have to pay the fee to the Credit Card Companies.

This would be simple enough for everyone to do for a Month or so.  Maybe you could make it a habit.

Sat, 06/11/2011 - 13:58 | Link to Comment SilverDoctors
SilverDoctors's picture

Better yet, instead of depositing your cash into a local credit union or bank, buy physical gold and silver!

http://www.silverdoctors.com/

Sat, 06/11/2011 - 14:11 | Link to Comment Sven Sikztu
Sven Sikztu's picture

Nice to hear ZH mentioned on Friday's levin Show- in regards to the story of 30% of 401k's have loans against them... the outrage may stem from the added complication of the upcoming seizures of same.

Sat, 06/11/2011 - 14:17 | Link to Comment dark pools of soros
dark pools of soros's picture

we have Slut Walk in philly on the 18th..  not too sure what they are fighting for..

http://www.myfoxphilly.com/dpp/news/local_news/Slut_Walk_Philadelphia_June_042311

 

Sat, 06/11/2011 - 14:19 | Link to Comment Quixotic_Not
Quixotic_Not's picture

Their right to idiocracy...

Sat, 06/11/2011 - 14:21 | Link to Comment dark pools of soros
dark pools of soros's picture

sidenote that makes this a little on topic...

notice the Facebook only comment section on that link?   wonder what they talkin bout in Bilderberg ...

Sat, 06/11/2011 - 14:29 | Link to Comment malek
malek's picture

Exactly Charles!

Let me put it into a step by step decision maker:

1.) If anyhow possible pay cash.

2.) Where cash is not possible, like at unmanned gas stations, use your Debit Card.

3.) Where cash or debit is not possible -like for car rentals-, or not recommended -like for online purchases-, use your Credit Card and pay its balance in full evey month.

4.) Also avoid getting additional middle men into your transactions, so try not to use PayPal or similiar.

 

Also note that if you have moved accounts to a local bank or credit union, transaction fees on their debit card supports their business... so may want to give them some income from fees.

Sat, 06/11/2011 - 14:32 | Link to Comment Ima anal sphincter
Ima anal sphincter's picture

Nothing short of banker guts spread out in the street will fix this mess. Ron Paul........as soon as he becomes a real threat, he's dead. The bankers and ALL their minions must be "removed." They won't go down easy either, so unless you're ready to go "full throttle" all this other nonsense is just fluff for "them" to laugh at.

Sat, 06/11/2011 - 14:39 | Link to Comment JW n FL
JW n FL's picture

once the population is reigned in..

 

it is easier to kill a million people in this day and age of instant communication and information than manage a million people.

 

finite resources and over development of the United States..

 

what happens when hunger is created in the masses? I dont care what your beliefs are.. but history has shown us again and again that when you have a hungry mob.. or a hungry enough mob.. what the result of the mob + hunger will be.. which is large scale DEATH and Destruction!

 

factor in we are talking about America where there are 5 guns per person and 10 Billion Bullets a year sold (10 billion is a real number, use google for ATF numbers). sprinkle in some forced austerity and BOOM! you have Hunger Riots which turn into Racial Riots or God Knows What kind of Riots.. but the end result will be a much smaller Mob left to manage after all the killing of each other is done.. and the Mob that is left will be so much more manageable after all the death and hunger.. considering all the brave souls with passion about freedom or human rights will be killed first on the front lines!

 

Finite Resources SUDDENLY are going to last a LOT! Longer! With all the brave Freedom Loving People Murdered by their own through trickery of the U.S. Government / Lobby / Owners of the Lobby.

 

But more important than even that, the Mob is now manageable after the mass kill off of Patriots.. power will be restored to the people who created these recession(s) / depression(s), the same people who create the Faux Fight to cause Austerity to reign down on the Sheepeople are the same people who will be better able to control what’s left after the fires get put out. The People in control will remain in control and have an even better grasp on the sheep with more resources or more accurately the same amount of resources with less people using them! And those same masses will have a significantly diminished expectation with regard to quality of life. 

 

the passionate people, the people who care and who would fight for the rights of the people.. will surely be some of the first killed. the willing to fight for their rights will be eliminated and only the sheepeople or mostly the sheepeople will be what is left.. there is no World War to send these people who are willing to die for their beliefs too.. these people who would fight to the death for their beliefs are the Biggest Danger to the Lobby Owners. People who believe in the Constitution and People willing to fight for and even if need be die for the Constitution are the threat to the Lobby Owners or the Status Quo. Not only when it comes to easily being able to control / rob “We the People” but as well with the only people being left agreeing to a much reduced quality of life. Easy people to push around who can easily manage the service economy that is left in the United States, who will accept the 3rd World Rule of Law forced upon them and easily accept the 3rd World living conditions as that is what they are used too. Aztlan Bitchez! http://studentorgs.utexas.edu/mecha/archive/plan.html

 

What easier way than to let the stupid sheepeople kill the people with some kind of real belief system? whos left after all the little people get done killing each other? who is left once the masses are worked up into a hornets nest? who will suffer the most when the masses start killing one another?

 

not the Goobermint! they are all going underground! not me and my kind we are going to the Bahamas or other.. the poor, hungry belief ridden people will be left to die and suffer and the cowards who ran and hid from the fighting will be what is left to manage when the dust settles. As they have no real will to fight, they just want to survive so living in chains is better than death. That is who your neighbors are, that is what the masses are capable of.

 

The Cowards are all that will be left once the fighting dies down. The Cowards who dont care and just want to make everyone happy! even if it means them fucking themselves in the ass with a dildo because the creme' that rises to the top is to fucking lazy to do even that any more.

 

America is to filled with people who have guns and are willing to fight.. that is not a controllable crowd.. or more to the point they want an easier crowd to control than what is here now. Population control while getting rid of the Free Thinkers! And “We the People” are going to do it to ourselves via some pressure applied from Washington D.C. in just the right spots!

 

nothing but civil unrest comes from starving people and that is what a LOT! of you have talked yourselves into is a good thing for this Country, “AUSTERITY FOR THE POOR”.. and the top 1% of 1% just wants control over an easy going group of sheep. Civil unrest, let the hungry starve and let the top 1% or 1% have exactly what they want.. because it is good for you how? You live out in the middle of nowhere? well let’s hope the hungry crowd doesn’t find you cowards out there hiding! while the real men who believe in something die for no reason other than to clear the road for the top 1% of the 1%.

 

http://www.youtube.com/watch?v=O5Xe_ATNWQQ

Al Bartlett on energy consumption versus population

 

http://www.youtube.com/watch?v=ClqUcScwnn8

David Rockefeller speaks about population control.

 

Obama's Science Czar..

http://www.google.com/#sclient=psy&hl=en&source=hp&q=obama+science+czar+population+control&aq=1&aqi=g2g-v2g-sv1&aql=&oq=obama+science+czar&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=71c6c4af87148765&biw=1266&bih=575

 

http://vimeo.com/6475921 Control in Modern Times! Easier to Kill a Million People than Control a Million People in these modern politically awaken times. Revolution will come, will you be a spectator or will you help change your own future.. your children’s future, for the better?

 

Consider that 59% of Americans are receive some type of Goobermint Help.. and when that Help it taken away.. that 59% of Americans will be hungry.. Forced Austerity upon the poor and hungry so that the resources will last longer and the masses left will be easier to Rule / Serve! LOL!!!

 

Hungry, Armed Americans looking for food.. can NOT end well for the Country.. But Record Bonus Monies for Wall Street! and the sheep are asleep while this slow boil goes on!

 

Let the idiot brigade now begin describing how with no jobs that the poor pulling themselves up by their boot straps is helpful to ALL Americans!

 

 

 

**********************************************************

 

Pay Attention stupid.

 

Corporations Own the Lobby!

 

The Lobby Owns the Government!

 

Law Enforcement works for the Duly Elected Lobby Whores!

 

We the People = Screwed!

Sat, 06/11/2011 - 15:20 | Link to Comment Ima anal sphincter
Ima anal sphincter's picture

Defeatist attitudes will get us NOWHERE!!!! My government and the bankers that control it are my enemy. You can 'bow down" if you like. Many who think like me, won't. Ever!!! I'm sick of people "planting seeds" that we should accept "facts." Those facts are wrong. The power is in numbers. We have "them" beat a million times over. One day very soon...."they" are going to find this out.

Sat, 06/11/2011 - 17:33 | Link to Comment Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

To paraphrase Robert Chapman of The International Forecaster, there are about 500,000 law enforcement workers in the U. S. and about 40,000,000 U. S. citizens that have been trained in weapons and know how to use them.  Plus don't forget, a lot of those 500,000 will come over to the side of the patriots.  Law enforcement personnel must decide which side of history they wish to be on, the side of liberty or the side of tyranny.  Those wearing uniforms might as well have bulls eyes on their shirts!

 

Tuco

Sat, 06/11/2011 - 20:11 | Link to Comment malek
malek's picture

Sounds impressive, but what about the military?

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