Holiday Open Thread

Tyler Durden's picture

Posting on Zero Hedge over the next 24 hours will be sporadic and infrastructure contingent. Please use this forum for any urgent news, notifications, or pent up venting. Regular posting will resume shortly. Happy holidays to all.


Update [sacrilege]: I'd like to take  a moment to thank the staff -- particularly boney -- at portlane. Their continued support has been phenomenal. Also: Merry Christmas.

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Spitzer's picture

Marc Faber is the man.

skip90291's picture

I so dearly wish you could keep the anti-semitism buried inside your twisted selves. It's totally freaky. World War II and the Holocaust grew out of Germany's financial destitution. Given that zerohedge readers are smarter than the average bear, I don't know why we aren't recognizing this more often, instead of repeating our past mistakes. All I can do is point out that the masters of our financial demise are also largely white. And male. In fact there's a far higher correlation between their gender and skin color than their religious affiliation. You might as well become a lesbian feminist and bash the white guys as "the jews." Merry Christmas everyone. Save your cash and gold for a prosperous New Year!

duo's picture

So, will the reparations Ireland has to pay (without even fighting let alone losing a war) lead to financial destitution and WWIII?

MobBarley's picture

The Sinn Fein version:


One big red button...



Herd Redirection Committee's picture

The bankers (not all) just come from Jewish families and pretend to be Jewish.  The Jewish mentality of having "the entire world against us" serves them well, because then they can claim that well, the entire world is against them, but not because of their actions... No, no... Of course not because of their actions... But because of racial hatred...  Right!  That must be it!  Not because of their actions... Not because of their actions! LOL

Check out our latest PsychoNews story: "Psy-Ops, Disinformation & Bold Faced Liars"

"We have central bankers in charge of national economies, and their actual goals are not congruent with their stated goals.

The truth is, the power to issue fiat currency is in a few hands, and above everything, those 'few hands' intend to keep it that way!  Power's highest priority is always to first and foremost maintain power.  Think of any revolution, which is naturally followed by extensive purges.  The goal of price stability has been replaced with the illusion of price stability.

Rather than aiming to maintain the value of fiat currency by maintaining a steady supply  central bankers have decided they want their cake and to eat it, too!  Bubbles, bailouts, quantitative easing, 0% interest rates, budget deficits totalling $1 trillion!  And yet, precious metals have only risen modestly.  OK, OK, 64% in two years for gold, and another 60% for silver (from its early 2008 peak) may not seem modest, but what is missing is a reference point..."

More Critical Thinking Wanted's picture


Rather than aiming to maintain the value of fiat currency by maintaining a steady supply  central bankers have decided they want their cake and to eat it, too!  Bubbles, bailouts, quantitative easing, 0% interest rates, budget deficits totalling $1 trillion!  And yet, precious metals have only risen modestly.

How easily you forget history: the biggest bubble of the last 100 years, the roaring twenties, the big crash in 1929 and the Great Depression that followed was preceded by free market deregulation in the 20s,  spreadheaded by a republican president, coupled with the gold standard.

And as a counter-argument I expect the universal "it was not really a free market" argument. It usually goes like this:

The free markets are the solution to any economic problem! The more you deregulate, the better off you are!

Random dude:
Um, but then why, all the times we tried to deregulate, it became worse? *points out specific cases*

That's because those still weren't free markets - you haven't deregulated enough!

Random dude:
So can you give some examples of real free markets then?


No, the evil government backed by jealous socialist mob always cracks down on us. But you just trust me, when we actually get one, it'll be totally awesome for everybody.

Libertarians are the guys who, if you ask them how to get out of a pit, tell you to dig down. If you dig for a while, and ask them how come the exit is farther than it were, they'll tell you that you haven't dug deep enough.


I am a Man I am Forty's picture

governments have a monopoly on currency, competing currencies should be allowed

The Rock's picture

Correction: The Banking Cartel (e.g. "Federal Reserve") has a monopoly on all fiat currencies. Haven't you learned from the bears?

Crassus's picture

They are. You can print your own money with your picture on it, a picture of your dog on the reverse, if you like. If you can get someone to take it for goods and services, congratulations. You can't, however, counterfeit another currency. 

Joe Sixpack's picture

Sure you can, no problem. Just ask Bernard Nothaus whio created the Liberty dollar. He explains explained it on this site:

Terminus C's picture

Site removed removed due to court order...

RichardP's picture



Google on libertydollar for the story if you are interested.

Article I, Section VIII of the U.S. Constitution states that:

The Congress shall have Power…To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; To provide for the Punishment of counterfeiting the Securities and current Coin of the United States.

Counterfeiting, in this case, does not mean duplicating.  It means creating money on your own - taking onto yourself a task reserved solely for Congress.

Crassus's picture

They are. You can print your own money with your picture on it, a picture of your dog on the reverse, if you like. If you can get someone to take it for goods and services, congratulations. You can't, however, counterfeit another currency. 

Crassus's picture

Sorry for the double. FOB just took some. Do they know it's Christmas?

As-Salamu Alaykum, civilians.

hardmedicine's picture

Look, I have studied the "libertarian" party and Austrian economics and I will have to say that I tell people now that I am a Constitutionalist.  I believe everyone wants justics here.  No one wants an UNREGULATED mob running the money system.  If they would just go back to the rule of law then all of this CDO, MBS, etc. alphabet soups that AIG was running would be against the law since they are nothing more than gambling.  In my state Texas Gambling is illegal.  ANd insurance is (supposedly) regulated, although lawlessness and corruption again rules.  No one here is really a Libertarian.... excuse me for stepping on the toes of any true Libertarians.

alpds's picture

A Constitutionalist, ha? How lofty!

Have you read A People's History of The United States (PHUS) by Howard Zinn? If not, please read it. Another good read for a constitutionalist is An Economic Interpretation of The Constitution by Charles Beard. And if you are truly curious, take a look at other tittles cited in the bibliography of the PHUS.

Terminus C's picture

That is a truly great book and a must read for all.

Judge Fedd's picture

No doubt there needs to be some regulation but what we have today is the worst of both worlds. We have the appearance of regulation without the actual enforcement. The abusers of deregulation haven't had to pay for their sins, natural selection hasn't been able to take course. The current system is designed to create a non-competitive environment which favors big business. This is anything but a free market.

If we removed the regulations that were created to stifle competition, enforced the law, and allowed abusers to fail we'd be in a much better place.

jeff montanye's picture

good point, it would seem.  the weathermen didn't seem to help the cause but this time could be different.  now nearly everyone can feel the draft.

regarding the jews, it is so tricky: clearly some are so on the angels' side.  emma goldman?  a more ambiguous case: she may have helped assassinate a president and gotten away with it.

however it is hard to get around the concentration of those even less on the angels' side clustered around the levers of money power in the u.s.a.  and their publicists.  what do we make of this?  what part do the holocaust and israel play? 

chumbawamba's picture

And I'm the one considered "anti-Semitic".  Sheesh.

Anyway, this whole discussion is stupid.  It is basically "racist", if you accept that Jews are a "race" (which I don't); certainly bigoted.  Then again, as has been pointed out, it is what it is.  You can't get around the fact that most of the guilty in this affair are among "God's chosen".  And indeed: what part do the Holocaust and Israel play?  Dig a little deeper and you'll find out.  Jim Willie has spoken of the nexus often in past newsletters of his.

And anyway, it is not "Jews".  That's the problem with saying it because it's incorrect, and it slanders the vast majority of Jews who are like you and I, good People.  And so therefore, it is bigoted if you insist on using it as a blanket pejorative.

So what is the unifying theme amongst these dregs?  It is a certain racist ideology, that ideology being zionism (I never capitalize it because the concept is so revolting that I'd rather not elevate it to proper noun status even).  This is how you can explain douchebags like Joe Biden and George Bush, two obvious examples of people who are very not Jewish yet believe that Palestine is the homeland of the Jewish "people", which itself is a racist, bigoted idea because it totally abrogates the Arabs (of all religions) who have existed in that place since time immemorial.  So let's be perfectly clear: we are not talking about Jews, we are talking about zionists, which as a group includes both Jews and non-Jews.  zionism is a pernicious ideology that is rooted in the same origins as Nazism and any other similarly racist ideology in our more modern times.  It is one and the same.

The zionist Jews who emmigrated to Palestine to begin rebuilding Yretz Israel were almost entirely European Ashkenazi Jews (I speak here specifically of the founders of the zionist movement, and not the refugees of the Holocaust, who were merely pawns of zionist machinations).  In other words, they were Western colonizers, harboring the typical White Man's Burden complex and seeing the indigenous Arabs of Palestine as backward heathens.  It's interesting how White Man is so wrapped up with his own self-elevated status in God's Universe that he confuses abject poverty with backward heatheness.  Take any area deprived of resources or riches and see how heathenistic and backwards it becomes in a brief period of time.  Israel succeeded and succeeds today only because, yeah, it's really easy to succeed on free money.

The only time Sephardic (i.e. Arab) Jews are welcomed into Israel is when they need numbers to keep the population figures within Israel at a level of Jewish majority, lest any (accurate) claims of Apartheid be bandied about recklessly (notwithstanding that Israel is the very embodiment of Apartheid).  And even then, they're still treated as second class citizens, not quite the niggers that the Palestinians are but they're certainly not on equal footing in society with the Ashkenazis.

I certainly tangentialized, and nothing I say here is new.  Is it relevant to the Jew bashing that preceded it?  Yeah, maybe sort of, in a peripheral way.  I hope it is at least minimally informative.  Open Thread, bitches.  If you want to debate my facts then go for it, but don't bother with any lame attempts at insult, because that will only be read as your admission of defeat.

I am Chumbawamba.

brodix's picture

Actually it's more physics than sociology at this level. As in a economic and social vortex swirling across the landscape, sucking up ever more of the world's resources, with ever fewer people at the epicenter. Eventually to run into some immoveable object and vent its energy on it. Until then, the more it does pick up, the more energy it has and the more destruction that ensues.

Merry Christmas!

Max Hunter's picture

Good post Chumba.. Ration thought like that will get you nowhere..  It's bad for business.. ;)

I have always found the "jew bashing" suspect. I actually think a majority of it is zionists trying to reduce the conversation to hate filled slander that can easily be ignored or rejected..

Rusty Shorts's picture

Thanks Chumba, I find it ironic that the first biblical mention of the "Jews" or "Judah" the father of the "Jews", they were at war with the House of Israel.


"When Rehoboam came to Jerusalem, he assembled all the house of Judah, and the tribe of Benjamin, a hundred and eighty thousand chosen warriors, to fight against the house of Israel, to restore the kingdom to Rehoboam the son of Solomon." (1 Kings 12:21 RSV)

High Plains Drifter's picture

Actually, the term jew was used to describe a person who was of the lineage of the tribe of Judah, one of the 12 sons of Jacob.  For someone to say they are a jew these days, is a stretch. Most of them are converts to judaism. Almost none of them can trace their ancestry back to the land they call Israel. It would be more correct for today's jews to say they are judaics , instead of jews. The term jew as it is used today is a catchall for anyone who worships according to the judaic belief system. Today's judaism is not the same as it was during the days of Jesus either. Rabbinical judaism is a outgrowth from Phariseeism.  Today's Israel is not the same as the ancient Kingdom of Israel, yet they want it to be so. They use the Bible to buttress their viewpoints and take advantage of the misplaced "God's chosen people"  verse that was included in the book of Genesis, that was not in the least talking about any judaics of today, of course. This small fact is somehow lost somewhere and the constant bloviating by certain Christian zionist idiots does not help the matters either.  Today's Israel is a nation at war, and always will be, for this is the only way it can survive as it is now. We are the same way. We are a nation at war and this is the only way this government can survive as it is. It is a strong fact,  that many of the indigenous people in the middle east , in Palestine etc, have more jewish blood in them than the European Ashkenazim do. On these issues, I study a lot because they are the heart of the entire situation we have facing us now. To know your enemy, you must know him as he knows himself.


PS.  By the way Rusty Shorts, do we really know who wrote the Old Testament and when?  Do we know that everything in there actually happened as stated and that there was no , shall we say, stretching of the truth?  Is it possible for someone to make up the whole thing from whole cloth? Take for instance the verses ,you are talking about. 180,000 man armies are huge even for today's standards. When we look at this area, and think how it must have been long ago, surely it was not the best place to live and /or raise crops etc. I think the numbers used , for instance , are really blown way out of proportion. 180,000 man armies require lots of food and water and horses etc. Where would this come from?  Did you know that even till this day, even though searching for artifacts has gone on, incessantly for a very long time, that no one , no not one searcher has ever been able to find one artifact, having to do with the Davidic or Solomonic kingdoms, yet we are told of their greatness and the size of their armies and the great wealth they supposedly had, yet not one artifact can be found in all of Israel. Now why is that may I ask?  When you look at the Old Testament and the New Testament , one glaring fact stands out. The New Testament had many writers who were on site and were witnesses and it was written not long after it happened. This is all I am saying. For instance, it is a foregone conclusion that Josephus , the Roman jewish historian during those days, lied about a lot of things, while he was writing his histories mostly to make his fellow coreligionist,  look good etc. 

duckduckMOOSE's picture

Then there's Joseph's children Ephraim and Manasseh, wonder what ever happened to them?

RichardP's picture



Twelve tribes.  King Rehoboam behaved badly.  His behavior caused the 10 northern tribes to split of from 2 southern tribes (Judah and Benjamin and some of Levi).  The 10 northern tribes were conquered by Assyria and carried off about 200 years before the two southern tribes were carried off to Babylon.  The 10 northern tribes have been lost to history.

Avraham Biran has unearthed an artifact bearing the inscription House of David.

razorthin's picture

As a man of Christian faith, I submit that we were all "Jews" in the beginning.  I think we cannot deny the merits of an ambitious culture - one which, like many of the Hindu, Muslim and Buddhist nations - who expect, if not demand, the achievement or excellence in their youths.  With such a culturally-ingrained mindset, it is difficult not to become disproportionally more "successful", more "powerful", and therefore more frequently a target of resentment by those of a more mundane upbringing.  I think it is unfortunate that there is a preponderance of Ashkenazis in the banker cartels.  The hatred of the banker scum is justified, not the hatred of the of a culture most likely to be overrepresented.  It's all about integrity of individuals.

Merry Christmas and Peace to All.

Max Hunter's picture

As a man of Christian faith

That's when I knew the comment would be foolish.. Lost me. 

SilverBaron's picture

Sorry, you cannot be a man of Christian faith and also say that hatred of your brother is justified.  Oxymoron!  Jesus loves even the vilest of sinners.  Hate their actions, hate thier beliefs, but do not hate your brethren.  And he is not a Jew which is one outwardly, he is a Jew which is one inwardly.  Anyone who is faithful is a son of Abraham (the father of the faithful) and therefore a Jew.

razorthin's picture

Thanks for missing my point entirely.  That said, you are correct, I am a shameful example of a Christian.  Proof, I suppose, that mere "belief", being a work, is not enough.  "Let he who is without sin..."

High Plains Drifter's picture

Razor, go and order yourself a Stone Chumash off of Amazon, and read it for yourself,paying close attention to the commentary notes of the great Rabbinical sages of the middle ages, Rambam and Rashi and make up your own mind on it. Like George Carlin said one time, its a big club and you and I aren't in it........

SilverBaron's picture

I misinterpreted your post. My deepest apologies.  I am a shameful example of a Christian. Next time I will read more carefully before post.  Happy new year!

High Plains Drifter's picture

Well the father of the "jews" was an Iraqi , was he not?  Abram walked out of the land of his father Ur , which was located in Iraq.  What exactly is a jew? As gentile Christians we had better get all of our ducks in a row before it is too late , believe me.  You won't hear this kind of talk in church. The churches have been bought off and are silent. Chrisitan zionism comes from that scumbag Scofield and his foolish mentor, Darby. Most Christians don't even know anything about what zionism really means and just who it is that called themselves neocons. It is a war for the minds of the American people. Right now it is a war of words here , except even though our armies are fighting these jewish wars for Israel, nevertheless it is a war of words here but one day it will be much more than that. That day is coming soon. These people will never let go and will never give up. They have too much at stake now. They are close, closer than any generation of these misfits have ever been and they taste victory for it is so close now for them. They rolled for all the money on 911 and they put all of the chips on red. There is no turning back now. As the former head of the US Army war college , Alan Sobrosky, a jew himself , has stated, they went for broke and if the American people ever find out who actually did 911, there will be hell to pay and since he said some very bad things, I am not going to go there right now. But you get the picture, I hope. 

The Rock's picture

Thanks for the summary. Unfortunately, 99% of the people don't know this.

LeBalance's picture

Thank you Chumbawamba,

By the tone and breadth of most conversations (flame wars) on ZH concerning so-called Jews and Zionism, it is evident that most here are carried along by the consensus myth.  Your summary is timely and should provoke a few (i'll be realistic) to look at Douglas Reed's The Controversy of Zion, or listen to Benjamin Freedman, or to pursue other scholarly efforts in order to determine the historic fact and to dispel the myth.

As you have said the originally Turko-Mongol Khazar Empire which was converted from phallic worship to Judiaism in about 800AD makes up more than 95% of what are called "Jews" today.  And these folks have ZERO "right of return" to a homeland in Palestine as they are not Sephardim (native Israelites), but Ashke(nazi)m, Turko-Mongol, of asiatic origin.

As one can see if one is "Jewish" but believes the myth of "right to return" to "a homeland," that being Israel, then one is being lead about by the myth, a lie.

But as we well know there is such a fabric of lies, The Matrix, that finding one's way out becomes a full time "hobby."  As this hobby matures it becomes easier and easier to detect, define, unravel, and study each functional society piece for the myth it is.

"It is not what you don't know that hurts you, it's what you know that ain't so." - Mark Twain

Unlawful Justice's picture
It's all about the war machine, power and control and a reflection of our humanity.  
Peace is human hypocrisy.
The Architect: The first Matrix was quite naturally perfect; it was a work of art, flawless, sublime. A triumph equaled only by its monumental failure. The inevitability of its doom is apparent to me now as a consequence of the imperfection apparent in every human being. Thus I redesigned it, based on your history, to more accurately reflect the varying grotesqueries of your nature. However, I was again frustrated by failure. I have since come to understand that the answer eluded me because it required a lesser mind, or perhaps a mind less bound by the parameters of perfection. Thus the answer was stumbled upon by another: an intuitive program, initially created to investigate certain aspects of the human psyche. If I am the father of the Matrix, she would undoubtedly be its mother.
Neo: The Oracle.
The Architect: Please. As I was saying, she stumbled upon a solution whereby nearly 99% of all test subjects accepted the program as long as they were given a choice, even if they were only aware of that choice at a near-unconscious level. While this answer functioned, it was obviously fundamentally flawed, thus creating the otherwise-contradictory systemic anomaly that if left unchecked might threaten the system itself. Ergo, those that refused the program, while a minority, if unchecked would constitute an escalating probability of disaster.
Neo: This is about Zion.
The Architect: You are here because Zion is about to be destroyed, its every living inhabitant terminated, its entire existence eradicated.
Neo: Bullshit.
The Architect: Denial is the most predictable of all human responses. But, rest assured, this will be the sixth time we have destroyed it, and we have become exceedingly efficient at it.


old naughty's picture

UJ, since even Neo is a non-believer, we are doomed, for the sixth time.

Thanks for sharing.

delacroix's picture

chumba, lebalance,  you guys are refreshing my faith. there are other thoughtful, intelligent, investigators of truth out there. thanks for the xmas present   hpd too

Oracle of Kypseli's picture

I was told that the Sehphardim were the non-European Jews and the local Israelis were called Sabras. !!

russki standart's picture

Great to have you back, Chumbawamba. 

Hephasteus's picture

Look chumba. You gotta understand how it works. Millions of Jews died for one reason and one reason only. The ability and right to rabidly defend them. They died for no OTHER purpose. Than to create the energy to rabidly defend them and "Not let that happen again". This is used by the Jew leaders and the jew leaders only. They will put 90 percent of their people into another jew slaughter house just to keep up the "jew shield". Hoping people misidentify any attack on these jew leaders as "racism".

Since people don't know what something was about they don't know how to deal with it "correctly". So you will bring all kinds of force and enforcement if you can't approach this "problem" without full understanding of it's dynamics.

High Plains Drifter's picture

The greatest story never told is how a small group of rabid jewish political zionist, before, during and after ww2, sacrificed their own brethern to achieve their overall goals , the establishment of a jewish homeland in Palestine, which was lived in mostly by Arabs. I will take exception to the millions figures. I simply do not believe that many died there and I can tell you for a fact, there was no gassing going on, there was no mass murdering going on, there was no jewish people killed and made into lampshades etc. However, I digress. To prove my points on the holocaust , one only has to view the film produced by a jew, named David Cole, who in 1992, went to Auschwitz and made a documentary on his findings and ever since that day he has been hounded by the JDL goons and among other things , (of course) called a self hating jew, merely for putting out the truth on the matter.


Let us now, examine the viewpoints of prominent zionist during the period


Statement by the Lehi organization.

"The establishment of the historical Jewish state on a national and totalitarian basis and bound by a treaty with the German Reich would be in the interests of strengthening the future German position of power in the Near East ... The NMO in Palestine offers to take an active part in the war on Germany's side ... The cooperation of the Israeli freedom movement would also be in line with one of the recent speeches of the German Reich Chancellor, in which Herr Hitler stressed that any combination and any alliance would be entered into in order to isolate England and defeat it."


Statement by Yitzchak Greenbaum, a famous Zionist.

One cow in Palestine was worth more than all the Jews in Poland.


Statement by David Ben-Gurion

"If I knew it was possible to save all the children in Germany by taking them to England, and only half of the children by taking them to Eretz Israel, I would choose the second solution. For we must take into account not only the lives of these children but also the history of the people of Israel." After the war, a Zionist religious leader, Rabbi Klaussner, who was in charge of displaced persons presented a report before the Jewish American Conference on May 2nd, 1948 : "I am convinced people must be forced to go to Palestine...For them, an American dollar appears as the highest of goals. By the word "force", I am suggesting a programme. It served for the evacuation of the Jews in Poland, and in the history of the 'Exodus'... To apply this programme we must, instead of providing 'displaced persons' with comfort, create the greatest possible discomfort for them...At a second stage, a procedure calling upon the Haganah to harass the Jews."


Then we have the tranfer agreement where jews were transported to Palestine aboard German ships during WW2.

We got sold a bill of goods on world history and it appears so have many jews but getting them as well as anyone else to admit or at least look at it, is a bit of a problem. I leave you with a discussion by Gilad Atzmon, on the mentally disturbed notion of modern day Israel.

11b40's picture

I simply cannot let some of this stand without comment. Earlier today, I read again my late father's account of his time in WW2. He landed in France, fought his way into Germany, and was a part of the first infantry battalion to reach Dachau. His personal account of freeing the prisoners is all I need for confirmation of the atrocities that occurred there. He describes opening boxcars filled with rotting bodies by the gas chambers. He tells of having to chase down and round up released prisoners after they started looting and destroying the town. He was a 19 year old from rural South GA, and knew nothing of zionism, but he did understand genocide. He made a career of the military, and found himself re-assigned to the Dachau post in 1948. I started school there in 1951. To deny the holacost is to exhibit extreme ignorance or tell a willfull lie. Independent Contractor

Oracle of Kypseli's picture


I worked in Israel in the late 70's in a IDF project and even though I am Christian, I was given a very high security clearance. Being adventurous in local foods, my expat mates and I used to go into the Yemenite Jewish area of Tel Aviv to experience their food. We were told by our Israeli co-workers that we should not be hanging arround the black areas.

We were stunned to hear that the Yemenite Jews, will be called black and that Israeli Jews will be racist having suffered so much racism themselves.

I had a great time there otherwise but this was something I did not expect.    

Bryan's picture

It sounds from your post that you have a problem with the concept of existence of a God, and one which 'chooses' a certain group of people over others.  Did I detect that correctly?

Terminus C's picture

I am God... and I am my kind of people.