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I Won't Invest Another Penny Until the Criminals Who Caused the Financial Crisis Are Safely in Jail

George Washington's picture




 

Washington’s Blog

Here's an idea for a bumper sticker:

I Won't Invest Another Penny Until the Criminals Who Caused the Financial Crisis Are Safely in Jail

Can you imagine how much pressure would be put on the government to start real prosecutions if a million of us put that on our cars and elsewhere?

Wake people up, and show that we have leverage ... put it on your car, flyers, posters and freeway blogs.

And reader Jeff came up with another good slogan:

Austerity and prosecution for the bankers.
Austerity for the government including the military.
Then we can talk about austerity for the rest of us.

 

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Fri, 12/10/2010 - 13:03 | 795882 Cognitive Dissonance
Cognitive Dissonance's picture

I takes real courage to break from the comfort of the herd and strike out on your own. This is where you will be measured.

You have the strength. Now find it.

Fri, 12/10/2010 - 12:30 | 795707 WaterWings
WaterWings's picture

You still have time to buy more silver...most smart people are validated by history, not pop culture. The fads. Your real family is out there. Get to know trustworthy people in your community and form solid bonds now. You can't keep your eyes open 24/7.

Fri, 12/10/2010 - 12:18 | 795646 -Michelle-
-Michelle-'s picture

Your family and friends don't seem very nice.

Fri, 12/10/2010 - 11:12 | 795381 LiquidBrick
LiquidBrick's picture

. I don't know if I can bear the scorn of family and friends much longer

Don't be a wimp. They are not your friends and family if they have no clue. Stop associating yourself with mannequins.

ZH are your only friends now.  You are doing the right thing so don't become a weak hand.

Fri, 12/10/2010 - 11:56 | 795521 RockyRacoon
RockyRacoon's picture

Well said.  My sentiments exactly.

I'll get the numbers wrong, but the old saying is that 75% of people want to see you fail, 5% of people want to see you succeed, and 20% of people don't care.

Fri, 12/10/2010 - 10:50 | 795323 Jason T
Jason T's picture

Invest heavily in yourself and your own self sufficiency/productivity.

I make my own bread..and it's superiour to any $2 - $3 loaf.  Planning to grow orchard nextspring and monster garden.  Tap own maple sryup for the year.  Make own tomato sauce.  For Christmas, I want a beer making kit.  Making own beer too soon!!

 

This is what colonists did  to tell the Brits and thier austerity taxes to go F off.

Fri, 12/10/2010 - 17:41 | 797080 flattrader
flattrader's picture

Put in some hops.  They went sky high when Goldman Sachs was manipulating the food commodities sector a few years ago.

When planting an orchard, check into a "cider" variety apple.

Bees are an all around good investment for--polination, eating/cider brewing, mead making.

Keepers must persevere  even in the face of colony collapse disorder.

Fri, 12/10/2010 - 10:50 | 795322 kalum
kalum's picture

Barney Frank and Chris Dodd in jail! Imagine that. LOL. We are their slaves.

Fri, 12/10/2010 - 11:20 | 795411 Unholy Dalliance
Unholy Dalliance's picture

You do know that Joseph Stalin ('Joe Steel') is related to Chris Dodd. Stalin was his grandfather. No BS - true.

Fri, 12/10/2010 - 12:17 | 795640 -Michelle-
-Michelle-'s picture

While the resemblance is uncanny, Dodd's gramps was Thomas J. Dodd of West Haven, CT.  Born in Norwich, CT in 1870.  Died in 1953 and buried in Norwich, CT.

 

Fri, 12/10/2010 - 10:49 | 795321 New Revolution
New Revolution's picture

I would spend more effort organizing around an 8 point 'Contract with America' that would outline our Nations return to Freedom and sanity.    This would be perfect for a candidate like Gingrich who followed through on a previous plan.  He's tan, he's rested, and he's available.   That's how I see it.    I've got the 8 points and they're systematically aimed and cover all political spectrums supported by a complete history of the very misunderstood American history that has been butchered by the elitist who operate our Kleptocracy.   

Time for a Revolution my friends.  

Fri, 12/10/2010 - 12:37 | 795741 Vendetta
Vendetta's picture

It was a 'contract on America' they only had 1 typo in the agenda.

Fri, 12/10/2010 - 10:57 | 795335 Revolution_star...
Revolution_starts_now's picture

"Gingrich?"

You are joking right?

Fri, 12/10/2010 - 11:19 | 795408 UGrev
UGrev's picture

Good lord, I hope he's joking. If you waved a florescent light over Gingrichs' head, it would "blink RINO". 

Fri, 12/10/2010 - 10:47 | 795319 downrodeo
downrodeo's picture

it's kind of like voting at this point, it only encourages them

Fri, 12/10/2010 - 10:47 | 795317 Buttcathead
Buttcathead's picture

yeah, what he said...  I wont invest becuz the Banksters done stole all my money.  Thank goodness for SNAP Cards and my new Obama Cell Phone.

Fri, 12/10/2010 - 11:09 | 795368 quasimodo
quasimodo's picture

Is he also putting gas in your car and paying your mortgage?

Fri, 12/10/2010 - 11:55 | 795535 Widowmaker
Widowmaker's picture

What's a mortgage?

Is that the dual-mandated gov-sponsored path to stealing, AND circumventing the rule of law for it's insiders at the expense of the unrepresented?

You bet your ass it is.

Fri, 12/10/2010 - 10:42 | 795309 Ancona
Ancona's picture

Priceless.

Although I am a bit ahead of the curve, having withdrawn not only from the market, but all instruments. This includes my money market account and CD accounts.

Fri, 12/10/2010 - 10:31 | 795281 Cognitive Dissonance
Cognitive Dissonance's picture

Withdraw your consent!

Fri, 12/10/2010 - 11:47 | 795513 kaiserhoff
kaiserhoff's picture

I did.  No one cared, but maybe there is a tipping point;)

Fri, 12/10/2010 - 11:56 | 795537 Cognitive Dissonance
Cognitive Dissonance's picture

There is a tipping point. But in a nation of 300+ Million and a developed world of 2 + Billion, it takes a bit more than you and I to reach that tipping point.

But it's not the total number that's so important at this point as it is the rate of change. All exponential functions start at zero (hedge). 

Fri, 12/10/2010 - 12:58 | 795727 RockyRacoon
RockyRacoon's picture

Tipping points are cumulatively the total of the boundaries of each of us.

I'm reminded of the definition of a "bottom" for an alcoholic:

When things get worse faster than he can lower his standards.

There is a point for each of us at which we have met the bottom.  When we speak of going back to home gardening, buying ammo, acquiring precious metals, and all the rest of that, we forget (conveniently?) that there are concomitant situations of deprivation and sacrifice all around us.  Our limits of compassion and tolerance will be tested. 

When do we see the "bottom" approaching, and how prescient can we be to see it?  A better question is this:  Why do we have to endure hardship, anguish, deprivation, and suspicion when those at the highest strata of society are living well?  Why do I see an omen in Bill Gross having a new zillion dollar house in an inaccessible enclave?  I think he sees a bottom coming and he's dug in.   What do we do?  ...and why is this forced upon us due to the greed and avarice of others?

There is a lot of talk about "sheeple".   I suppose that's loosely described as those who are oblivious to the actuality of what is happening.   Encased in that definition is an assumption that they wouldn't do anything even if they knew.   With all the blather, bluster, and bravado I've been reading here -- who are the sheeple?

Fri, 12/10/2010 - 12:59 | 795854 Cognitive Dissonance
Cognitive Dissonance's picture

...and why is this forced upon us due to the greed and avarice of others?

Forced upon us? How? For the most part, the vast majority of the people in this country and in the developed world accepted (and still accept) the conditions under which they lived as long as they weren't inconvenienced too much. Being passive or apathetic is making a decision for the status quo. They aren't forced to be this way. It is and was their own choice. Only when the conditions shifted against the average Joe do they complain about it being "forced" upon them.

I've been in the business of financial planning for over 25 years. And I've been singing the same song for those 25 years. Personal responsibility for everything that touches your life. And I've been ignored. People have known for those 25 years that the government couldn't lower taxes and raise benefits, that the equation eventually needed to be balanced and when it happens, they would be on the losing side. They made a conscious decision to accept the lies they were being told.

Because the present situation wasn't as bad as the future situation "might" be, they put off the reckoning until the future. Well, the future is now and here we are. And surprise, those who hold the money and power are forcing the shit down the throats of those who turned their heads away for the 25 years I've been singing this song and well before I started.

I'm not saying it's right or just or fair. But to say that we are being forced is shifting all the blame. Worse, we now expect those who hold the power and money to stop doing what they've always done because we're now getting the short end of the stick. This cluster fuck won't end until we accept our role in this disaster. We were told what we wanted to hear for decades. Only now are we vigorously complaining when the sociopaths are placing themselves first because the pie got smaller. And those who are complaining are still a small minority.

I'm not blaming the victims here. I'm asking the victims to accept their part of the blame and the duties to clean up this mess. As long as we wish to shift the blame, we will never accept responsibility for fixing this mess. We will always ask someone else to do the hard work that needs to be done, including fighting our own battles.

Sat, 12/11/2010 - 22:43 | 799556 cosmictrainwreck
cosmictrainwreck's picture

what's all this "we" shit? little piggy wee wee wee all the way home? "What you mean "we" white man?" Tonto

Fri, 12/10/2010 - 16:25 | 796769 flattrader
flattrader's picture

>>>I'm not blaming the victims here. I'm asking the victims to accept their part of the blame and the duties to clean up this mess.<<<

(WTF???  A one man intellectual circle jerk if I ever saw one.)

And uh and "NO", I will not accept any blame as I was not a perpatrator.

Why you believe that you have to shame people into accepting responsiblity for something they did not do is beyond me.

Shame is not a motivator.

Righteous anger goes a lot further.

I am sick to death of this "We're all to blame" shit.

Go talk to Charles Hughes Smith.

Fri, 12/10/2010 - 17:32 | 797048 Cognitive Dissonance
Cognitive Dissonance's picture

Yup, you are correct. We are all innocent. We the people have no responsibility for the condition of our country. Nothing. We are nothing but pure victims and we have no control over anything in our lives except chooseing between the Big Mac and the Quarter Pounder.

BTW you can not feel shame unless you possess it already. I don't make anyone feel shame. I simply point out certain facts. If you are blameless, you should feel no shame what-so-ever. I don't create your emotions. You do.

Sat, 12/11/2010 - 15:59 | 798969 flattrader
flattrader's picture

Saying we're all innocent is as intellectually suspect and morally bankrupt as expecting the victims to assume some part of the blame.

>>>I'm not blaming the victims here. I'm asking the victims to accept their part of the blame and the duties to clean up this mess.<<<

Like blaming a mugging victim for the crime because they left the safety of their home.

There are some very specific individuals (and more to come with discovery) repsonsible for this mess.

Following the S&L Crisis 1,000+ bankers were handcuffed, perp-walked, convicted and sent to jail.  We should be demanding to see that again and on a much larger scale RICO style.

I'll skip the naval gazing blame and shame game you want to wallow around in and jump right in to demanding prosecution.

Fri, 12/10/2010 - 13:08 | 795912 laughing_swordfish
laughing_swordfish's picture

+ 100

Fri, 12/10/2010 - 13:05 | 795859 RockyRacoon
RockyRacoon's picture

When all your exits (or avenues for opportunity) are shut off, one by one, that's herding.  Herding is a forced action.  When the last exit is the Road to Hell then a bottom has been reached.  I intend to act well before that, and don't expect anyone else to act on my behalf or in spite of it.  Like I said above, the tipping point is an accumulation of individual action, not sentiment. 

I'm not contesting your argument; I'm hoping to add shading and contrast.

Fri, 12/10/2010 - 13:19 | 795942 Cognitive Dissonance
Cognitive Dissonance's picture

Humans are not mindless creatures. They have free will. They have the capacity to resist the herding. ZH is proof of that statement. Someone can set up barriers to try to control you but you can resist. If a small minority resists, the barriers will fall. They always do. But the passive do not resist the barriers. They walk on their own two feet towards the pens for slaughter. And lets not even talk about the willing participants who enable the insanity for personal greed or blind self interest.

You are looking at the world as it stands today. These problems were being created 30 or more years ago. Where was the resistance to the herding 30 years ago? 20 years ago? 10 years ago? Where were the protests when the illegal wars were started? When the thieving became so obvious even my young grandson was asking me why they were getting away with it?

I understand your point. Try to understand mine. We have the power. And we hand that power over to the oppressors on a daily basis. Technically you are correct. We are being forced. But where is the power coming from that is being applied against people? It's so much easier to blame others than to look in the mirror.

Withdraw your consent and it will end quickly.

Fri, 12/10/2010 - 17:01 | 796926 RockyRacoon
RockyRacoon's picture

Thanks, and I appreciate what you are saying.  Look again at my point:  When all avenues are cut off, impossible to take, then there is herding.  Herds are driven in the sense that I am getting at.  Lemmings, yes.   Cattle, not so much.  If the only way down the cattle chute leads to the edge of a cliff then instinct and intent do not come into play.

Fri, 12/10/2010 - 17:37 | 797069 Cognitive Dissonance
Cognitive Dissonance's picture

  When all avenues are cut off, impossible to take, then there is herding. 

RR

I understand and I did get your point. But you are pointing to something that is not present. All avenues are not cut off. However, the illusion that they are cut off has never been stronger.

If a small minority were to withdraw their consent, this would end quickly. But people don't want to feel any pain. They want to go back to the way things were before, meaning mindless consumption and ever increasing asset prices that enabled the mindless consumption. The American consumer addict is looking for his/her fix.

Sat, 12/11/2010 - 01:20 | 798185 RockyRacoon
RockyRacoon's picture

What's all this goddam talk about farming, guns, and gold then?  Options are being taken away and the top echelon is doing well.  Withdraw consent?  Consent to stop being raped by the banker thugs?  Okay!  I'm in.

Fri, 12/10/2010 - 12:27 | 795692 WaterWings
WaterWings's picture

Who will be the 100th [zombie]? Step up and get your automatic Potato Peeler(TM)!

 

Fri, 12/10/2010 - 11:41 | 795491 RockyRacoon
RockyRacoon's picture

Hey, CD.  Maybe the guys who are taking down the WikiLeaks unsympathetic sites can be converted/diverted to some anti-bank activities.   Now there's a bunch of folks who know how to do an effective protest.   We can banter about here day after day but those guys know how to advance a cause.

Fri, 12/10/2010 - 11:53 | 795529 Cognitive Dissonance
Cognitive Dissonance's picture

Maybe.

I don't know any of them nor how to reach them. Besides, they appear to be a loose grouping of several hundred hackers that act like roving bands of vultures rather than a coherent body with a mission and plan.

Doing something anti-bank would require corrdination and a long term committment. I don't know if the vultures have it in them to be that focused for that long.

Fri, 12/10/2010 - 13:18 | 795957 wharfdaddy
wharfdaddy's picture

Interesting comments which reminded me of my former weapons man blog that he published yesterday. We were on the same Special Forces A team.

"During each mission brief, the Commander for the mission would stand up and give his intent.  This is what he wanted to happen as a result of the mission.  The reason we did this is that most time things never go as planned.  The enemy never reacted in the way you thought they would, weather would effect the mission, you might get lost and not make a critical time.  With the Commander’s Intent, you at least knew what had to happen to achieve success.

A good example of this are the US Airborne operations from World War II.  These were on the surface complete disasters.  The Air Force dropped the paratroopers at the wrong locations, a lot of planes were shot out of the sky.  The soldiers ended up with most of their units missing and had to gather the stragglers around them to form basic fighting units.  However..by knowing the Commander’s Intent, they were still able to accomplish the basic mission of securing major roads for the eventual invasion of Europe by the Allied forces. 

The Commander’s Intent gives a light or a beacon in the fog of ambiguity."

 

Point is a little focus can go a long way to accomplish the mission. the plan always goes to hell once the bullets start flying anyway. I know one of the EFF founders is this guy:

John Perry Barlow (born October 3, 1947) is an American poet and essayist, a retired Wyoming cattle rancher, and a cyberlibertarian[1] political activist who has been associated with both the Democratic and Republican parties. He is also a lyricist for the Grateful Dead and a founding member of the Electronic Frontier Foundation. Since May 1998, he has been a Fellow at Harvard University's Berkman Center for Internet and Society.

I would not underestimate any of those EFF folks..

Fri, 12/10/2010 - 12:31 | 795710 Careless Whisper
Careless Whisper's picture

hackers that act like roving bands of vultures

aren't you confusing them with the i.m.f. ?

Fri, 12/10/2010 - 12:36 | 795734 Cognitive Dissonance
Cognitive Dissonance's picture

Nope.

The IMF acts in a fully coordinated and integrated manner and they have a long term plan and staying power.

Fri, 12/10/2010 - 11:33 | 795466 Max Hunter
Max Hunter's picture

Love the idea GW but they have proven over the past 30 weeks they don't need our money.. Equities can be kept up by other means it would appear.

Fri, 12/10/2010 - 14:38 | 795253 williambanzai7
williambanzai7's picture

Sardines A...Bankstas and Beans A!

I have been watching this WikiLeaks developments with great interest. It is amazing what a group called Anonymous can achieve on relatively short notice.

I don't think we are going to beat our adversaries with stickers and posters. That is all geared towards the physical world. But our collective strength is on the Internet. Think about that.

We need to organize ourselves and leverage off of internet scaling. Our primary strength as a community is our online voice. We should play off of that strength IMHO.

Taking advantage of swarming and trying to propagate viral messages  at carefully chosen nodes of internet eyeballs. This entails target selection and maximum ZH member participation.

In doing so we should all identify ourselves as ZeroHedge members. For example, if I go and make a comment on some stupid post or editorial by Bernanke, or Geithner, or Bove etc., I should identify myself as WB7@ZeroHedge. This will solidify our group persona.

We are not maximizing our precious resources acting as a group.

WB7 

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