• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Guest Post: Our Only Hope - You

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sat, 04/23/2011 - 11:35 | 1199026 unky
unky's picture

i think i read this article, ah yeah on turds blog...

Sat, 04/23/2011 - 11:41 | 1199041 SilverIsKing
SilverIsKing's picture

And if one bothers to read, ZH properly credits Turd.

Sat, 04/23/2011 - 15:10 | 1199489 Doña K
Doña K's picture

ZH's know the truth.

O'Reiley, Dobbs and MSM's are part of the "apparata"

The funny part is that they don't know it.

Just like my 8 year old son, who said: Mommy, you see this girl over there? She is my girlfriend, but don't tell her, she doesn' know it.

Sad...  

Sat, 04/23/2011 - 19:01 | 1199910 WaterWings
WaterWings's picture

Turd - Bravissimo!

 

Sat, 04/23/2011 - 15:24 | 1199521 Paul Bogdanich
Paul Bogdanich's picture

If that bothered you then you do not understand the role of propaganda.  The principal task at the moment is to try and dispell any notion of a correlation beetween a weak dollar and inflation in the public mind so they can further weaken the dollar.  All the people you watched are either clueless themselves or they don't believe what they are saying themselves.  They are paid to promote the party line and the task at hand (dispelling the notion that the fed is fueling inflation) is being pushed really hard.  it' a big government priority.  

"The function of advertising, public relations and most of the media is to get people to make irrational decisions based on inaccurate and incomplete information."  Noam Chomsky.     

Sat, 04/23/2011 - 17:50 | 1199774 The 22nd Prime
The 22nd Prime's picture

The principal task at the moment is to try and dispell any notion of a correlation beetween a weak dollar and inflation in the public mind so they can further weaken the dollar.

Which I am increasingly viewing as the opportunity of a lifetime.

9/11 actually scared me into physical and monthly accumulation of PMs has been my M.O. ever since. I do some options trading but as of last week I have chosen to sit on the sidelines for a while. A very handsome sideline. Thank you Mr. Ferguson. My futures broker now follows you on a tip from me. :)

When the shoeshine boy starts buying I'll start unloading. Let's hope we won't need to reload brass to keep the shoeshine boys at bay.

Sun, 04/24/2011 - 12:37 | 1201041 CH1
CH1's picture

Not quite. This type of propoganda has a more subtle purpose:

For you to waste your energy exposing and arguing about side-issues, so that you have too little time/energy to act in response to the real problem... even if you do recognize it.

 

Sat, 04/23/2011 - 11:47 | 1199059 Stormdancer
Stormdancer's picture

Well isn't that strange.  And it clearly states at the top of the article that it came from "TF Metals Report".

That darned TF...whoever he is...should be ashamed for his plagiarism!

Sat, 04/23/2011 - 11:51 | 1199066 Tail Dogging The Wag
Tail Dogging The Wag's picture

"Investors need to diversify, they need to own some real estate, they need to own some farmland, they need to own some equities, some cash, and some precious metals..."   Marc Faber —Investment analyst

Got real estate and farmland outside your home country?

http://www.thorssoncapital.weebly.com

Sat, 04/23/2011 - 11:40 | 1199031 AnonymousMonetarist
AnonymousMonetarist's picture

You got no time for the messenger,
got no regard for the thing that you don't understand,
you got no fear of the underdog,
that's why you will not survive!

-Billy Joel

The Oracle at Eccles will bless us mere surplus eaters with transparency this week er scratch that will bless us with unveiling the latest in a series of Jedi mind tricks.

‘You don’t need to see our collateral.’

‘This is not the monetization that you are looking for.’

‘Go about your recovery.’

‘Move along.’

After all it can’t be monetization if it is only temporary unlike death and taxes which unless we apply some semblance of egalitarianism to the latter will result in the economic forecast, the least for the most, of the former.

And golly don’t expect us to keep track of the collateral folks, seriously we’re still using Windows 95. And it is hard to get that stuff onto floppies. Would you care for a nice game of Pong?

But let us all raise our liquidity chalices Nancy Capitalists to the Glee-shaped Recovery! Let us cheer the depreciating scrip and the magnificence of America’s wealth exporting machine!

Nothin’ but blue skies…. waitaminnit…

Thefiscaltimes.com: ‘According to the Census Bureau households paid $2.2 trillion in taxes in 2010 and received $2.3 trillion in some kind of government support. 59% of the 309 million Americans in this country got at least one federal benefit in 2009 according to the Census Bureau. Government cash handouts accounted for 79% of household growth since 2007.’

All this whilst wealth inequality is approaching levels last seen since, gee I don't know, the Tyler's Rebellion of 1381?

No wonder 84% want no change to Medicare. No wonder a majority favor increased spending over decreased spending. In fact the only majority for decreased spending is for foreign aid (YouGov poll). McClatchey-Marist recently reported that almost 70% oppose raising the federal debt limit - however 80 percent, including 70% of the teabaggers, oppose cutting Medicare or Medicaid to deal with the budget deficit. Good luck with that.

Where you sit is where you stand.

But you are going to need to stand for something America lest you fall for anything.

Perhaps it is appropriate that a narcissistic, egomanic, borderline pathological, deadbeat shill is at the top of the leader board in the Republican sweepstakes.

Every day in every way this s#$ is starting to resemble a bad science fiction movie from the 70s.

Let’s investigate the oil price Barry? Hint , google Eccles. Let’s arm the mudžahedin against a bad guy? Sure... worked pretty good last time! Let’s bring down insurance costs by giving Big Pharma a half a trillion bucks worth of new premiums? Brilliant! Let’s make the banking system solvent by shoving trillions of bad speculative bets into the rabbithole? Outstanding!

But above all let’s get the spokesperson for the supranational star chamber to better articulate the psych-ops that will keep those shoppers happy and ignore this slow train-wreck of a Great Depression by refuting, negating, and verily daring them to believe their lying ojos….

And at no time will his hands leave his arms.

To each according to their eligibility... for each according to their greed.

Sat, 04/23/2011 - 12:28 | 1199168 Bolweevil
Bolweevil's picture

Correction:

Oracle at Eccles = Sith

I do hereby decree thou hast been wrongly junked and do forthrightly (and figuratively) remove such junk as it has been given without rebuttal.

Sat, 04/23/2011 - 15:33 | 1199534 Doña K
Doña K's picture

Great post AM

I have a gut feeling that Benny will do a fake and temporary "volte-face" this coming week. That may give him some breathing time until his "swan song". I have no idea what the color of the swan will be.

................................................................................

Winter has come for me, can't carry on.
The Chains to my life are strong but soon they'll be gone.
I'll spread my wings one more time.
................................................................................

By Within Temptation

Sat, 04/23/2011 - 11:39 | 1199032 King_of_simpletons
King_of_simpletons's picture

It's all theatrics. If the masses have not figured it out, yet, too bad for them. The con game continues by keeping the masses occupied over "supposed" political differences.

Sat, 04/23/2011 - 13:03 | 1199240 Bob Sponge
Bob Sponge's picture

I speculate that you are correct. I speculate that Thomas Jefferson was correct. I speculate that people are free to speculate in a free country.

Sat, 04/23/2011 - 11:40 | 1199040 redpill
redpill's picture

Both O'Reilly and Dobbs are populist authoritarian control freaks, so it's little wonder they frame every issue from the standpoint of it just taking some variety of force to fix, rhetorical or otherwise. When your favorite tool is a hammer every problem looks like a nail.

Sat, 04/23/2011 - 12:00 | 1199088 hognutz
hognutz's picture

Tou hit the nail on the head sir!

Sat, 04/23/2011 - 13:07 | 1199265 Votewithabullet
Votewithabullet's picture

letra por fucking letra

Sat, 04/23/2011 - 16:30 | 1199628 banksouttacontrol
banksouttacontrol's picture

hit nail on head!

Sat, 04/23/2011 - 11:46 | 1199047 Hedgetard55
Hedgetard55's picture

So, if I speculate that the price of oil is going to go up, and buy oil futures, I am "evil".

 

If I speculate that the price of oil is going to go up, and buy Exxon I am a patriot.

 

"Now is a good time to buy stocks". Barry Soetoro, 2009.

Sat, 04/23/2011 - 11:51 | 1199065 samsara
samsara's picture

"...How could these guys not get it? Anyone with a brain knows that crude is going up because of concerns of unrest in the Middle East and, more importantly, the rapidly declining dollar...."

 

How THIS guy doesn't get is what amazes me.  Yes the dollar and ME unrest affects the PRICE of what's for sale.

BUTTTTT.  The AMOUNT that is for sale is NOT QUESTIONED.

Take a look at this cute short graphics of why there isn't 90 Million barrels produced each day instead of the 80m odd BPD.

Travelling Towards Transition Animation

http://vimeo.com/15477088

 

The second time you watch it,   Stop it at exactly :20 seconds.   Take a minute to look at the graph.  Then ask you self,  What was the production in 2010?   What is the production in 2020

Export Land Model of what is for SALE is going to be a LOT less that what is physically produced per day.

Sat, 04/23/2011 - 12:27 | 1199163 traderjoe
traderjoe's picture

You'll get an interesting discussion on peak oil here, but YOU have missed the point. 

In 1964, a gallon of regular gas cost $.30. http://www.1960sflashback.com/1964/economy.asp

A 1964 quarter is now worth $7.30, or almost two gallons of gas. http://www.coinstudy.com/1964-quarter-value.html

So, as measured in silver (real money), the price of gas has declined. 

I am by no means weighing in on Peak Oil. But, the price of gas is declining in dollars, not in other commodities. 

Nice article Turd. 

Sat, 04/23/2011 - 12:46 | 1199222 samsara
samsara's picture

My point exactly.  you are still talking about price, but the amount is what should be focused on.  Yes, less dollars, deflation, lower price.  So what.

Countries should be more focused on how they are going to dismantle a complete lifestyle paradigm in mass. 

It WILL be forced on you. In 10-15 years we ALL will be using a LOT LESS energy In Total.  

REGARDLESS of PRICE.

If you have XXX amount you are only going to fly/drive yyy number of F15's , Tractors, combines,  tanks and SUVs.

AND less Polyethylene and PVC, and every other piece of Plastic, pesticides, and Fertilizers.

Sun, 04/24/2011 - 08:35 | 1200546 i-dog
i-dog's picture

"only going to fly/drive yyy number of F15's , Tractors, combines,  tanks and SUVs."

Rationing will eliminate tractors and SUVs...leaving only F-15s and tanks to control the hungry dissidents (aka terrorists). Coming to a state near you within 2 years.

Sun, 04/24/2011 - 15:52 | 1201503 KinorSensase
KinorSensase's picture

I was wondering when peak oil would show up in the comments.  It was 2008 when I heard about PO and transition towns.  Amazing how accurate the vision laid out by the TT folks is coming into play.  I agree with Turd, but the silly numbers involved with currency are just symptoms of an economy that is becoming less productive in real, physical terms.  I like to think of it as the collapse of the biggest bubble we've ever seen: modern economics based on limitless growth and cheap, dense fuel made from really old sunlight.

Mon, 05/02/2011 - 00:01 | 1227900 ZFiNX
ZFiNX's picture

It's all about where you choose your data to begin and end. In this way, statistically based arguments are almost always biased. To your point, let's see what the price of gas is like when employment levels are what they were in 1964 and the rest of this stimulus is finished, I'm sure your argument will be much weaker if not reversed by then.

Sun, 04/24/2011 - 09:59 | 1200664 buzzard
buzzard's picture

My thought exactly, Samsara. This guy saying that Oreillly and Dodd are clueless while all the time he is also clueless. It still amazes me how all these smart people can't see the REAL reason for the price of oil and food. Can it actually be possible that we have already reached the peak in oil extraction and that shortages are immanent?

The 'green revolution' is over and it failed. We face food shortages because we are unable to physically produce more food. Sure, there is speculation. I speculate because I know that food, oil, pm's, and any thing that is mined is finite and will be increasingly scarce. How obvious to me and such a seeming mystery to so many.

Perhaps it is because we become distracted by all of the illusions thrust in front of our faces daily: Left/Right politics, Abstract economic arguments, Culture war issues and my personal favorite- the lie of industrial civilization itself.

It seems that the distractions that industrial civ. provide us blind us to the several elephants in the increasingly crowded room. I don't know what it will take to make people to wake up. (That's a lie. Of course I know. It will take the complete collapse of this theater of the absurd before we can see the reality around us).

Sun, 04/24/2011 - 16:03 | 1201521 KinorSensase
KinorSensase's picture

Perhaps it is because we become distracted by all of the illusions thrust in front of our faces daily...

Agreed.  Add a dash of stockholm syndrome, a touch of fear for the vulnerability of entering a new lifestyle, and you've got the beginning of a wonderful recipe for willfull, self-destructive ingnorance.  Something tells me banking dynasties figured out this formula long ago, since all they push is illusion anyway.

Sad what capitalism morphed into:  all service to self, and no service to others (unless that service is distorted through the proxy of service to self).  And all along, behind the illusions we're presented, it's so easy to simply look at economics as an organic system and develop the mechanisms accordingly.  Exponential growth is the bitch of logistic growth.

Sat, 04/23/2011 - 11:54 | 1199077 Flakmeister
Flakmeister's picture

If the Bernanke stops printing, oil will go down, and so will everything else in a deflationary collapse of global proportions.

The problem is that all the funny money cannot increase the supply of oil or change the law of thermodynamics. The Bernank is praying that the influx of cheap money will result in CAPEX that increases supply. It won't. 

You can have many arguments about what peak oil is, for the purposes of explaining things at ZH, it is point where no amount of funny money can increase the supply. Deal with it. 

Sat, 04/23/2011 - 12:04 | 1199102 RobotTrader
RobotTrader's picture

Somebody needs to show O'Reilly a chart of RIG, DO, NE, etc.

Those stocks are still grinding around near the low end of a 5-year trading range.  Proof that many oil service companies are being discouraged and prevented from aggressively drilling for more oil.

many other oil stocks I follow like ECA, SWN, PQ, KWK are still under pressure, government regulations are holding them back from finding new oil.

Sat, 04/23/2011 - 12:11 | 1199120 Flakmeister
Flakmeister's picture

I'll call your bullshit on this one...

Check out the rig data, US drillers are going flat out, ~2000 new wells per month, unmatched since the early 80's. Baker-Hughes reports Saudi rig count is rocketing. From CERA/IHS, marginal cost of a new barrel of GOM oil is $85-95, assuming you can find it.

The US has 500,000 oil wells, producing an average of ~12 bbl/day. Average flow per Saudi well is down 50% in the past 6 years...

World oil wells have increased 20% while flow per well has decreased 20%. Go ask Alice about the Red Queen.

Net oil exports are down 10% since 2005 with Chindia doubling their slice of the decreasing pie...

Although volume of liquids produced since 2005 has increased marginally, most of the gain is from NGL and refinery-gains, so the net gain in Energy is basically nil. It is like the gas tank is progressively becoming E5, E10, E15..., same volume, but you ain't driving as far..

Sun, 04/24/2011 - 10:03 | 1200672 buzzard
buzzard's picture

+++ It seems the junkers are also clueless.

Sat, 04/23/2011 - 11:56 | 1199081 Jay
Jay's picture

If the propoganda press bothers you, Tyler, don't watch it. Maybe you could take the time to figure out why the mainstream press refuses to put the Fukushima reactor accident and the radiation released there in any kind of perspective whatsoever. Zero Hedge runs with the hysterical, fear-mongering mainstream press on that issue. Don't expect lay people to deprogram themselves from the brainwashing they get on financial and economic matters when Zero Hedge won't lift up their game regarding nuclear power. One good place to begin is Tucker's book, Terrestrial Energy.

Sat, 04/23/2011 - 12:27 | 1199170 traderjoe
traderjoe's picture

It was a guest post. 

Sat, 04/23/2011 - 13:24 | 1199305 Bob Sponge
Bob Sponge's picture

I speculate that you need to find another blog that does not bother you so much.

Sat, 04/23/2011 - 13:55 | 1199368 Moe Howard
Moe Howard's picture

Bob, stop speculating, Oreally said you are driving up the price of blogs for the common American blogger. He is looking out for us. Oreally.

Sat, 04/23/2011 - 15:45 | 1199551 Bob Sponge
Bob Sponge's picture

LOL! I speculate that I shall continue to speculate.

Sat, 04/23/2011 - 15:12 | 1199503 Doña K
Doña K's picture

Jay,

I bet your favored propaganda is CNBC and a pair of teleprompters. 

Sat, 04/23/2011 - 11:57 | 1199084 RobotTrader
RobotTrader's picture

To some extent, the run in oil is being driven by momentum-chasing speculators.  Just watch the CRB Index, guys are so accustomed to buying each and every dip.

It has worked again and again.

Until it doesn't.

Will be interesting to see what happens to the USDX and the CRB when Bernanke opens his mouth and makes his public statement.

No doubt, he has 10 - 15 staffers figuring out what to say, how to say it, and figure out which ETF's to hammer on the short side to put an end to the commodity speculation.

Sat, 04/23/2011 - 14:09 | 1199397 Beam Me Up Scotty
Beam Me Up Scotty's picture

No doubt, he has 10 - 15 staffers figuring out what to say, how to say it, and figure out which ETF's to hammer on the short side to put an end to the commodity speculation.

Bring on the correction.  The truck is gassed and the transmission is in reverse.  Im ready to back up the truck.....

Sat, 04/23/2011 - 15:18 | 1199511 Doña K
Doña K's picture

Yes, momentum chasing speculators play a role in price discovery. But has Mr. O'bummer asked himself and his brilliant staff Why?

We accept you as a momentum chaser Robo, but be on the level.

I (and my hubby of course) are with the investment counter-coulture, we do not go to Pablona, we run against the bulls. Why? Because this time the bulls are fake.

Sat, 04/23/2011 - 11:58 | 1199086 sagerxx
sagerxx's picture

ROCK ON, TURD!!!

Sat, 04/23/2011 - 13:17 | 1199298 Votewithabullet
Votewithabullet's picture

TURD ON ROCK!!!

Sat, 04/23/2011 - 11:59 | 1199092 dark pools of soros
dark pools of soros's picture

What's the endgame Bennie??  Fine everyone into debt prisons??   So much easier than creating real prisons

Sat, 04/23/2011 - 12:02 | 1199096 ziggy59
ziggy59's picture

Turd, how did the webbot interview go?  looking forward to listening to it whenits posted.

Sat, 04/23/2011 - 13:29 | 1199320 Turd Ferguson
Turd Ferguson's picture

It was great fun.

Sat, 04/23/2011 - 12:09 | 1199114 Strategery
Strategery's picture

It doesn't surprise me that O'Reilly doesn't get it. He has a loud mouth, and he uses bullying tactics to cover up for his lack of intelligence. Lou Dobbs, on the other hand, is very intelligent, but obviously has not educated himself on the reason oil is up. The irony is that Glenn Beck does understand. I never thought I would say that Beck would take the time to dig deep enough to find out how the mindless creation of fiat currency impacts the world. My apologies to Beck. It takes quite a bit of study for most lay people to understand this abuse of delegated monetary policy. Beck is using his knowledge to educate the middle class. Dobbs needs to hit the books. O'Reiily wouldn't understand it if you drew it out with crayons. I would like to say there was hope file Bill, but he is too busy trying to tie everything to fiscal policy and party politics; it's all he halfway understands.

Sat, 04/23/2011 - 12:17 | 1199133 dark pools of soros
dark pools of soros's picture

you really think they are talking what they know and not their agenda??  lots of smart people know what's going on, but all are not on daily in front of a camera

You might want to figure out WHY they are on everyday

Sat, 04/23/2011 - 13:31 | 1199321 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

We've got one that can see...

Sat, 04/23/2011 - 13:45 | 1199358 Founders Keeper
Founders Keeper's picture

[you really think they are talking what they know and not their agenda??]---dark pools of soros

I really think they (O'Reilly & Dobbs) are talking what they know. Yeah, they have personal bias like we all do. For the most part, NO, they don't know about the Fed, fiat currency, inflation, PMs, and the incestuous relationship between DC, Treasury, Fed, and Wall Street.

Be realistic. O'Reilly and Dobbs, are busy people. They have enormous responsibilities to produce informative, interesting, and entertaining programs daily to millions of viewers. (Viewers who are also busy.) They get up in the morning like you and me. Shave, dress, drive to work, work, get home, eat, manage affairs at home, and have family obligations. That's a full damn day.

O'Reilly and Dobbs have successful formulas. They do well what they do. Asking either of them to risk changing their winning formula is a tall order. Risky, even if they magically had the time to research a new topic that would lead to a paradigm shift in thinking.

Not everything is an "agenda," for goodness sakes. Most of what you see is just convenient, safe, and familiar.

 

Sat, 04/23/2011 - 13:59 | 1199381 Moe Howard
Moe Howard's picture

Bill Oreally has thinking issues. I haven't watched since he said that a state requiring automobile insurance was Constitutional because it is a safety issue. How will you ever get through to a guy like that?

Do NOT follow this link or you will be banned from the site!