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And BP will not pay billions in penalty, only millions.
It doesn't matter what BP pays back to the government, because it's just fiat money, anyway.
These debts and penalties denominated in fiat paper dollars are just scams, orchestrated by George Soros and the Shapiros. If the debts had been denominated in gold, silver, hams or PepperRidge Farm Pepperoni rolls, the penalties would be more meaningful - a true blow to the gut.
However, by penalizing BP in fiat dollars, BP essentially gets to pay its penalties in counterfeit, Monopoly money that doesn't exist in the first place. So it really doesn't matter if the penalty is $10 or $10B. It's all counterfeit, anyway.
Is this right? After so many junks today, I'm just trying to fit in tonight.
Nice try Math Man. Next time at least change your IP.
He may be on to something:
DXY April 20, 2010 - 81.05DXY Current - 74.85-7.6%
Gold April 20, 2010 - 1142Gold Current - 1475+29.2%
Regular Gasoline April 20, 2010 - 2.83Regular Gasoline Current - 3.73+32%
Wendy's Jr Bacon April 20, 2010 - 0.99Wendy's Jr Bacon Current - 1.29+31%
We should get some sort of consideration here...
PS - There is no inflation.
We got "Different Strokes" to the world!!! Hmmmm!!!
Thank you for the effort but if you don't believe in Jesus you can't fake Christianity, if you don't believe in Mohammed you won't pass for for a Muslim and if you aren't a zerohedger at heart your posts won't quite cut it. Keep trying, maybe you'll get the faith.
" We rally against illegal immigration without questioning who built our houses"
the fuck you say....
i KNOW the head chopping, mass grave digging, gang banging, border sneaking, "resource" utilizin', bribe taking, revanchist, illiterate, shit smearing bastards didn't build mine
I'm fairly certain that I've eaten a meal or two prepared by those who were not "fully" legal.
Burp. And if memory serves... they were fine meals indeed.
I'm sure there are quite a few small businessmen who've retired early thanks to them...
businesses large and small who welcome their cheap labor and or ponzi dollars, army recruiters, city managers, politicians and homeowners who neither "ask" about their status nor "tell".....Fuck them ALL
From top to bottom, short term thinking has completely fucked this country..."Burp"
Well, when I was a younger man, I spent a season on a tree-planting crew. Half the crew were illegal immigrants. For every one tree that an American planted, an illegal Mexican would plant two. Doesn't take a genius to figure out the math. I'd hire all Mexicans (regardless of citizenship status) if I were running a tree-planting operation. They were better at the work, and I can say this having done the work myself. And they were good cooks too... burp.
if having an entire country full of mexicans was such a boon, Mexico should be heaven on earth....or are you counting on the magic alchemy of "the american dream" to transmute the peoples of a failed State/Culture into Supermen?
Face it, MEXICANS have run away from other MEXICANS....and they've come up here the way pathogens invade a diseased host...They are nothing more (in aggregate) than Visigoths with mustaches.
Look, I'm glad you have gas & are useless at tree planting but I've seen J-lo's ass....& i don't...give...a...shit!
I figured you wouldn't give a shit. It's all good.
Good luck with your farming endeavors.
and you with your Mexi-fed natural gas project...
They'll like you...You pet them
Can you tell me the difference between the government controlling who gets to work (and who doesn't), and any other kind of protectionism or cartelization? I'm sure you like being able to buy stuff made elsewhere, or at least having the choice. Yet according to you, if I want to employ someone, I have to check with Big Brother to find out if He thinks it's OK and they're sufficiently 'American' enough.
It seems to me that most of the perceived problem with 'illegals' is (I'm led to understand) that they can claim benefits from the US government without having paid taxes.
The problem here, though, isn't that they're claiming these benefits; the problem is that the US is a socialist state handing these benefits out to anyone in the US, regardless of whether they've paid into the pot or not.
Get rid of socialism, and only the hard working will immigrate into the US. They will drive up productivity, and everyone will benefit. And they won't claim state benefits because there won't be any state benefits to claim.
The US was founded and built by people who would be considered 'illegals' now - your ancestors included.
You don't get it...it's a polite way of saying "no brown people"...and I agree. I want NO brown people around me whenerver possible...I just don't like them...and isn't that my RIGHT? The right of association.
Besides...you're missing the point...they shouldn't be "in the country to be applying for the job".
It's a culture thing...I huess you're not old enough to remember America BEFORE the fucking "civil rights" movement destroyed it. Oh the good old days...
"Can you tell me the difference between the government controlling who gets to work (and who doesn't), and any other kind of protectionism or cartelization? I'm sure you like being able to buy stuff made elsewhere, or at least having the choice. Yet according to you, if I want to employ someone, I have to check with Big Brother to find out if He thinks it's OK and they're sufficiently 'American' enough." -Big Jim
Two words, NATIONAL SOVEREIGNTY. We have individual liberty with respect to one another, but we are part of a collective with respect to non-citizens: that is the meaning of a sovereign nation. A regulation fixing a minimum wage is a violation of individual liberty; while a regulation fining employers of illegal aliens is the proper work of the government of a sovereign nation. The alternative is housed at Brussels, which incidentally is a shit-hole of a city, the Detriot of Western Europe..
Yes, I agree that it is Mexicans fleeing Mexicans. And I have also witnessed firsthand the awesome work ethic of these illegals.
We will see a culling of the herd as soon as we eliminate citizenship for "anchor babies" and make it clear that, while we appreciate your hard work, we are not giving you and all your dependents all the welfare benefits (food stamps, health care that is better than I can afford, WIC, free school lunch, reduced tuition at college, etc).
The country is bankrupt and we think it's "unkind" to cut benefits that we cannot afford. How kind is it to anyone that we let so many people on the liferaft that every single one of them drowns??? Well, here we are... the raft is sinking.... I just wish that moron Teddy Kennedy were still alive to watch the fruits of his labor.
We should remember that we were the most popular destination for several hundred years before welfare, foodstamps, Medicaid, Social Security and the rest of the redistributionist crap. We also had unlimited immigration and it turned out pretty well. If you weren't brave and willing to support yourself and accept the risks of living here...you didn't come. We had a Darwinian natural selection advantage in our immigration. Our problems eminate from socialism.
That is part of point of this article. We have artificially funded the voracious appetite of the leviathan state and now the system is breaking down and the bill is coming due. It's not because of Mexicans or anyone else. It's because of the fruits of socialism and the endless lies that go with it.
I did't know ZH was a religious sect...whose holy circle had as commonality some hidden dogma...other than logic and analysis of naked facts...alike naked, unadulterated, attractive feminine ductility, whose only true existential mystery lies in its ability to defy logic to the point of making a complete fool out of that primal tool of the first Archimedean lever; that of male endeavor.
I think I hear a hand clapping in the forest....
As to the topic, I think most here at ZH are aware that the endgame is at hand.
Will this slow-motion economic train wreck continue, or will we hit the wall ?
Thanks for another great article Tyler. A lifeline to sanity.
good response. I was gonna post simply "WTF?"
I agree with you.
But I was sad to see that you didn't add cans of Dinty Moore beef stew to your list of valuable assets. Come on, PepperRidge Farm?
You really are a master of the specious.
Debt-based fiat money is indeed a scam. It is monopoly money to the Fed and the banking cartel, because they can create it at will while the rest of us have to work for it, and pay interest on something that cost them virtually nothing to create.
But as long as it has some value, and BP aren't allowed to print it, then BP paying a fine in the billions still costs them.
Now do you understand?
Don't waste your time BigJim, Mark either is having us on or he cannot tell the fuckee from the fucker.
Doesn't the Evil A'hole remind you of BerNank?
In a country where the numbers are rounded to the nearest 100,000,000,000
I have full confidence in our elected officials to focus on the things that really matter:
How about for drugs? WTF is wrong with these lawfucking makers.
Its a conman's trick. They don't want you looking at the real issue. We are broke.
So instead of dealing with hard choices, the criminal banking cartel and their political whores enlist the MSM to create artificial "deadlines" with a shell game of saving trinkets.
So how long until they nationalize "private pensions", aka 401ks?
Three to six months...
... nationalize "private pensions", aka 401ks ...
IMHO, we will be given the "false choice" of redeeming our 401ks to avert a currency collapse. 2-4 years.
I'm sitting here pondering cashing out of my pitiful 401k, using half of it to buy silver and the other half to help a friend by investing in his farm. I'm thinking a little bit of real money and fresh vegitables sound nice. Part of me says I'm crazy; part of me is wondering what am I waiting for.
After I did my farm thing (40 acres plus another 160 if it gets so crazy I can't leave the county), I just stopped worrying.
Something about eating fresh food (better nutrition helps the mind think) let me stop worrying and learned to love the bomb.
Knowing that I can buy, sell or trade (and grow) food for me and my family in addition to all the little weird things that keep me busy, lets one stop being a passive investor in markets that you have zero-hope in penetrating against the likes of GS and the Inter-Alpha Group.
Stop watching CNBC and plant a yarm (yard-farm) with your family.
Throw some ganga in it just to give The Finger to The Man.
recommend any sites to get going?
thanks so much ya gassy Menace ;);););););););););););)
Best in the nation!
Yes, this. The more we plant, the less I worry. Of course, it could all be taken away in one fell swoop, but at that point, it's almost beyond hope.
My retirement dreams have gone from MSM-induced to wanting to have a little land with a garden and orchard. However, in the past couple of months we've realized that there's no point in waiting around for that. We don't know if this is the house we'll spend the rest of our lives in, but we're starting to treat it like it is. If we'd started planting 5 years ago when we first moved in, we'd be well-established by now.
In the past week, we've put in 12 trees: 2 pecan, 2 peach, 2 plum, 2 pomegranate, 2 banana, 1 orange, and 1 lemon. We've got potatoes growing in trash cans. We have what I think are the cheapest container gardens around: kid's wading pools. They're filled with strawberries, carrots, tomatoes, and lettuce. We've got cucumbers and onions and peppers and a bunch of herbs growing too.
Instead of watching TV, I'm practicing skills. Baking bread. Sewing. Knitting. Making soap. We're homeschooling. Everything we purchase is evaluated based on merit instead of impulse. It is a 180 degree change in our thinking. I regret we didn't do this sooner, but I'm thankful that we're doing it now. I'm also thankful for an understanding husband who has come to appreciate all of my planning and prepping. The threat of no pay for military over the last few days elicited no more than a shrug from either of us.
I have no illusions about how difficult it's going to get, but I'm done being frightened of it. We will continue to do what it takes to make sure our children are fed, clothed, educated, and loved.
i like the kids wading pools idea...with drain holes?
Yes. We drilled a series of holes in the bottoms and then lined them with some leftover window screening (the coated kind) to keep the soil from draining out.
It may not be the most beautiful garden out there, but my plants are doing very well.
I like your style. While I realize that things will get worse, I hope not so bad that we have a complete breakdown in society compelling the growing of one's own food. Good luck to all of us.
"Throw some ganga in it just to give The Finger to The Man."
That ganga just might be your downfall.
With county and law enforcement budgets tight there is increasing interest in confiscating property.
This has been going on for a long time and is increasing.
Just type “confiscating property drugs” in a Google search and you will see what I mean.
Absolutely 100% this. Do not give them a reason, they will take it. Your finger to the "man" is your silver, your gold, and your garden.
CB-not until the demo crowd gets back into power in the house.
although the skids are greased.
Oh, dear Faust, if it were only that easy.
The answer to this article is... IT IS THAT EASY.
That's right. Get frugal. Get out of debt. Never borrow again. And avoid the money-suction scams developed by the predators-that-be to steal your income. Stop paying them, one way or the other. Either stop earning profits [on the books], or stop paying, or leave the jurisdiction. Do not feed them any more.
Stop thinking in terms of "society". Such a mindset will not work. Start thinking about your own life, your own income, your own expenses, your own behavior. And ignore the sewer that is the rest of humanity. We must COMPLETELY reject the notion "their fate is ours" and "their expenses are ours"... just as the predators and parasites must accept the exact same thing. We must "just say no" to their scams. We must simply take care of our own self and our own lives, and refuse to be sucked into the schemes of others.
NOBODY and nothing will solve the "problems of society". Society has a terminal disease... and it should, must and will die. Let society die. Let individuals who produce live.
It is time for Atlas Shrugged, part 1... quit the system.
checking in, hopefully things are going well considering the circumstances - a giant oak falling on ones house is never a good thing - godspeed to you and the family
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