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If The Mountain Will Not Come To The Muhammad, The Revolution Will Come To Saudi Arabia On March 20

Tyler Durden's picture




 

With the facebook revolutions having claimed virtually every other country in the region, the time may be coming for that most important one of all. And if Facebook is to be relied on for its revolutionary calendar, a job it has so far done without reproach, the revolutionary wave will come to Saudi Arabia on March 20.That will also the day crude passes $200.

Also, instead of just announcing their rallying call, future protestors have listed their 12 demands:

1 – a constitutional monarchy between the king and government.
2 – a written constitution approved by the people in which governing powers will be determined.
3 – transparency, accountability in fighting corruption
4 – the Government in the service of the people
5 – legislative elections.
6 – public freedoms and respect for human rights
7 – allowing civil society institutions
8 – full citizenship and the abolition of all forms of discrimination.
9 – Adoption of the rights of women and non-discrimination against them.
10 – an independent and fair judiciary.
11 – impartial development and equitable distribution of wealth.
12 – to seriously address the problem of unemployment

Since none of these have a chance of going through in an absolute monarchy, things are about to get really hot.

 

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Wed, 02/23/2011 - 10:58 | 988290 Misean
Misean's picture

Things getting hot in a dessert...good one!

 

Wed, 02/23/2011 - 11:03 | 988310 Pool Shark
Pool Shark's picture

Cherries Jubilee?

Wed, 02/23/2011 - 11:16 | 988391 Jack
Jack's picture

If the petrodollar collapses, I'd assume China would also take that opportunity to dump its dollar reserves.  

 

Jubilee all the debt preemptively.  Why not?  The chaos of a US default can't be any worse than a dollar collapse.  Oil disruptions are likely either way.  At least this way we could try to manage it ourselves instead of having it dictated to us.

Wed, 02/23/2011 - 11:24 | 988416 A_MacLaren
A_MacLaren's picture

Jubilee all the debt preemptively.  Why not?  The chaos of a US default can't be any worse than a dollar collapse.

In a Debt as Money system, Jubilee = Default = Dollar collapse.

Unless you've actually seen B52 Ben loading paper script onto dipenser wings, digital dumplings don't do it.

Wed, 02/23/2011 - 11:29 | 988450 Jack
Jack's picture

Debt default is different than hyperinflation (dollar collapse).  Defaulting would cause asset price collapses, but the dollar would be more likely to retain value.  Inflating props up asset prices, but makes it more likely the dollar collapses to valueless.

Wed, 02/23/2011 - 12:04 | 988604 cartonero
cartonero's picture

Correct.  If debt=money, extinguishing debt=deflation.

Wed, 02/23/2011 - 12:12 | 988647 naughtius maximus
naughtius maximus's picture

For those still scratching their heads, watch the excellent video "Money as Debt" by Paul Grignon.

 

http://video.google.com/videoplay?docid=-2550156453790090544#

Wed, 02/23/2011 - 12:31 | 988730 Eally Ucked
Eally Ucked's picture

Sorry I'm confused, what really is the value of dollar?

Wed, 02/23/2011 - 13:19 | 988983 topcallingtroll
topcallingtroll's picture

the dollar is worth about one federal reserve note.

Wed, 02/23/2011 - 13:32 | 989064 Eally Ucked
Eally Ucked's picture

You mean paper+ink or something else I don't know of?

Thu, 02/24/2011 - 01:42 | 991945 chumbawamba
chumbawamba's picture

A pound of pubic hair would cover it.

Barely.

Get it?  Barely?

;)

I am Chumbawamba.

Wed, 02/23/2011 - 16:18 | 990018 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

Sorry I'm confused, what really is the value of dollar?

http://www.youtube.com/watch?v=_N8nWexJ2pY -- it's five minutes, but it's worth it if you haven't seen it.

Wed, 02/23/2011 - 12:35 | 988747 A_MacLaren
A_MacLaren's picture

In a Debt as Money system, Jubilee = Default = Dollar collapse. 

Those so called "assets", bankers assets, become worthless.  The banks become even more insolvent and less able to lend.  So you assert Ben's digital presses crank up even harder to take onto his balance sheet discredited (pun intended) debt? 

How is it you maintain that the dollar would be more likely to retain value?  Printed currency might.

If it were a pure fiat, yes, there might be some chance of value being retained.  But when "asset" prices collapse beginning with the "fixed income" side, tilting "balanced portfolios" out of balance, equities are sold to rebalance, driving down equities, leading to the spiral witnessed in '08.  Leverage is a bitch.

Moreover, defaulted loans assure the transperancy of bankster insolvency, no accounting gimmicks cover that up.

Under that situation Ben cannot buy the trash he bougt last time, because 1) he already has it and it is worthless, and 2) the curtain has been pulled back revealing for all the emperor has no clothes, there are no "assets" on Ben's balance sheet.  If this would not be the ultimate confidence evaporator, I don't know what would be.

Ultimately, the value of the dollar collapses, welcome to Weimar.  so again, how is it "but the dollar would be more likely to retain value"?

Wed, 02/23/2011 - 12:52 | 988810 Jim in MN
Jim in MN's picture

First must analyze underlying assets v. stock of monetary scrip.  Then perhaps some tweaking from the 'powers that be'.  But ultimately the value is the value, and the amount of scrip needs to be assessed against the value of underlying assets.  Which is why measuring v. gold or loaves of bread or barrels of oil can be illuminating.

Central banks and their allied banks will fail if their objective is fraud.  The market will out.

So take a simpler example first: I have a loan against a $100 toy house.  You hold the loan/collateral rights.  Too many toy houses get made so the house goes to $50 in value.  I default.  In the first instance, you are hosed and the currency's value changes not one iota.  The asset has reverted to its intrinsic value and everyone acted rationally.  You do, by the way, own a $50 toy house now.

You panic and ask Daddy Bernankbux for another $50 to 'make you whole' and a $10 bonus because you are bunk buddies.  He falls over himself to oblige you.

Now it turns out that you are the only bank in the playroom.  I already spent the $100 you gave me to begin with, so it's circulating with that nasty Sally girl.  With the bailout, there's now $160 in the playroom.  In principal everything now inflates, so the toy house itself is now worth $80.  Which is nice because you still have the whole $60 Daddy gave you.  But then you go to buy a lollipop.....or a plastic gold coin from the pirate chest....

Meanwhile, more toy houses are coming on the market as more kids default....

This is why socializing losses destroys the economy.  Now get out of my sight and stay out of trouble!

Wed, 02/23/2011 - 12:55 | 988813 Jack
Jack's picture

Because under default, with the insolvent banks going under, stock prices collapsing, and all those things you describe, the quantity of dollars notional will drastically plummet.  The money supply will be much smaller, ceteris paribus, debt-deflation will mean dollars buy more.  This is the primary argument the deflationists are giving- that Bernanke will be unable to paper over the completely insolvent system.  Generally opposite from this is the hyperinflationist view that Bernanke is trapped and/or has already printed so much money that hyperinflation is assured.  

 

I will agree with you to a certain sense that you could actually get both if, for example people completely lose all confidence and refuse to trade in dollars any more.  But sovereign default makes hyperinflation much less likely than continuing to print to finance the economy.

Wed, 02/23/2011 - 12:49 | 988806 sunny
sunny's picture

If the petrodollar collapses, I'd assume China would also take that opportunity to dump its dollar reserves. 

We might look back on that fruit vendor in Tunisia as the black swan that everyone anticipated, no one could have possibly specifically identified.  Most interesting.

sunny

Wed, 02/23/2011 - 11:47 | 988523 jez
jez's picture

crepes Suzette, for preference.

Wed, 02/23/2011 - 12:30 | 988727 quintago
quintago's picture

conveniently a day after option expiration....

Wed, 02/23/2011 - 11:04 | 988316 idea_hamster
idea_hamster's picture

Maybe we could get a few of those items in the US?

Wed, 02/23/2011 - 11:07 | 988333 TriggerFinger
TriggerFinger's picture

meet you at the barricades near the Federal Reserve building

Wed, 02/23/2011 - 11:15 | 988378 idea_hamster
idea_hamster's picture

the barricades near the Federal Reserve building

You misspelled "Guantanamo."  ;-)

Wed, 02/23/2011 - 11:24 | 988427 Cash_is_Trash
Cash_is_Trash's picture

I revolted, protested, got shot at and rioted in the streets and all I got was this blood-soaked t-shirt.

Wed, 02/23/2011 - 12:30 | 988724 jus_lite_reading
jus_lite_reading's picture

Don't forget, American police would shoot their own citizens on command. My brother-in-law who is a Green Beret told me, they were trained to kill on demand and in one proposed scenario, to kill an entire town. They would all do it in an instant because they were trained. 

Wed, 02/23/2011 - 12:55 | 988823 Jim in MN
Jim in MN's picture

Skinner would have called it 'conditioning'....ultraviolent movies and games, etc. all pointing the same direction.  But massive nonviolent action can stop any war machine...if certain conditions are met.

 

Wed, 02/23/2011 - 12:55 | 988843 Nootropic
Nootropic's picture

The U.S. trained a significant portion of the Egyptian military.  Sure they would not balk at wiping out an Afghani village, but any old town in the U.S.?  I'm going to go with... no.

Wed, 02/23/2011 - 14:15 | 989379 arby63
arby63's picture

You mean all of those police the MSM grovel over and remind you how esteemed they are? Those heroes of traffic enforcement and fat pensions? Naw, say it isn't so...

Wed, 02/23/2011 - 12:27 | 988712 Arch Duke Ferdinand
Arch Duke Ferdinand's picture

"meet you at the barricades near the Federal Reserve building"

Vancouver BC...# 1 world's most liveable city

Canada's four Western Provinces have it all...Food, Water, Oil, Minerals, Timber AND ONLY 12.5 MILLION CITIZENS...led by gateway city Vancouver BC....Canada's/North America's Geneva of Switzerland...

 

http://seenoevilspeaknoevilhearnoevil.blogspot.com/2011/02/vancouver-bcworlds-most-liveable-cities.html

Wed, 02/23/2011 - 11:26 | 988431 scythian empire
scythian empire's picture

Is it just me, or do you know this document is non-Saudi based on bullets 8 & 9?

 

With an emphasis on 9

Wed, 02/23/2011 - 11:54 | 988553 Rodent Freikorps
Rodent Freikorps's picture

It does make you say "hmmm."

 

Wed, 02/23/2011 - 11:48 | 988505 bankonzhongguo
bankonzhongguo's picture

Just saw that King Abdullah (age 86?) just returned from Europe/hospital to SA. 

Then announced USD10 billion in low income mortgages and business handouts.

How do the Wahhabists feel about Facebook?

So is Sandhurst trained Prince Mutaib the next heir?

Any action over at Vinnell Arabia?

Wed, 02/23/2011 - 11:52 | 988536 BigJim
BigJim's picture

I can't see the bulk of the Saudi population supporting a revolution that promises:

      9 – Adoption of the rights of women and non-discrimination against them

Wed, 02/23/2011 - 10:58 | 988291 bankrupt JPM bu...
bankrupt JPM buy silver's picture

Okay anyone with options plays here?  Let me know please...

 

www.silvergoldsilver.blogspot.com

Wed, 02/23/2011 - 11:18 | 988398 topcallingtroll
topcallingtroll's picture

Buy a put and a call at the same strike price for oil

Volatility, bitchez.

Wed, 02/23/2011 - 11:00 | 988293 Mad Mad Woman
Mad Mad Woman's picture

Oh shit.  MAJOR oil shock coming!!!

Wed, 02/23/2011 - 12:33 | 988735 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

Fucking Goldman Facebook shills. It's getting this easy to manipulate markets with a website page?

Wed, 02/23/2011 - 13:16 | 988967 topcallingtroll
topcallingtroll's picture

GREAT! YOU FIGURED OUT WHERE THE CAPSLOCK IS LOCATED!

Wed, 02/23/2011 - 10:59 | 988295 jus_lite_reading
jus_lite_reading's picture

Is it just me, or does it seem as if the world's leaders have pushed the "self destruct" button and are preparing to head for the hills?

Something is spiraling out of control; even Llyod is gone on vacation...

Wed, 02/23/2011 - 11:15 | 988375 Mad Mad Woman
Mad Mad Woman's picture

No, it's not just you. We're fucked.

Wed, 02/23/2011 - 11:00 | 988296 Fish Gone Bad
Fish Gone Bad's picture

Never let a good crisis go to waste...

Wed, 02/23/2011 - 11:13 | 988364 jus_lite_reading
jus_lite_reading's picture

"Even distribution of wealth."

Anyone with knowledge about chemistry, please post the temperature at which sand turns to glass and fiat money combusts...

Wed, 02/23/2011 - 12:15 | 988656 JohnG
JohnG's picture

Quartz (SiO2), the main mineral in silica sand, has a melting temperature of 4,200 degrees Farenheit, or 2,300 degrees C.

Read more: http://wiki.answers.com/Q/At_what_temperature_does_sand_turn_into_glass#ixzz1EncZMSCk Fiat, about 450F.
Wed, 02/23/2011 - 12:36 | 988754 jus_lite_reading
jus_lite_reading's picture

Thank you but I'd assume fiat burns at a much higher temp given the properties inherent in a product made to last in hell...

Wed, 02/23/2011 - 11:21 | 988407 chubbar
chubbar's picture

Any chance this could qualify for a QE 3 trigger?

Wed, 02/23/2011 - 12:01 | 988592 TBT or not TBT
TBT or not TBT's picture

Rahm may have difficulty capitalizing on this one in Chicago, methinks.

Wed, 02/23/2011 - 11:00 | 988302 It is a bargin ...
It is a bargin my friend's picture

What even after the King opened the sweetie tin

http://www.bloomberg.com/news/2011-02-23/king-abdullah-pours-money-into-...

Ungrateful gits

Wed, 02/23/2011 - 11:06 | 988331 ZackAttack
ZackAttack's picture

I'm sure it's purely coincidental how Abdullah only this week found his magnanimous side.

180K fabulously wealthy princes and 25 million slaves - hoocoodanode that social dynamic would be a problem?

 

How ya' gonna keep 'em down on the pipeline?

Wed, 02/23/2011 - 11:15 | 988376 Rodent Freikorps
Rodent Freikorps's picture

It's a desert. Blow up the water supplies. Import new workers to bury the old ones and get things back in production.

Wed, 02/23/2011 - 11:01 | 988304 gordengeko
gordengeko's picture

DIG it!

Wed, 02/23/2011 - 11:02 | 988306 Hernando
Hernando's picture

maybe one day we here in the states will also have

3 – transparency, accountability in fighting corruption
4 – the Government in the service of the people

6 – public freedoms and respect for human rights
10 – an independent and fair judiciary

11 – impartial development and equitable distribution of wealth.
12 – to seriously address the problem of unemployment

Wed, 02/23/2011 - 11:11 | 988350 InconvenientCou...
InconvenientCounterParty's picture

you sir, might be a statist.

Just build a fence around the country. To keep people out --or in; I don't really care. Zero taxes, zero gov't and as many anti-personnel devices as I can store in my bunker. I have a trebuchet as my waste disposer, so you don't want to be down wind.

Silly fools tell me I live in a fantasy world and I can't eat my guns. Idoits! see how easily I can eat the barrel of this gun? mmmmghgh, pop...........

Wed, 02/23/2011 - 11:15 | 988382 Mad Mad Woman
Mad Mad Woman's picture

One can only hope!

Wed, 02/23/2011 - 11:03 | 988307 fijisailor
fijisailor's picture

If this happens the US economy is toast.  Gas guzzlers abandoned everywhere and total chaos.

Wed, 02/23/2011 - 11:10 | 988352 topcallingtroll
topcallingtroll's picture

Hehehe

Time to get.your shorts on boyz. However keep in mind i have been a.contrary indicator since january.

Wed, 02/23/2011 - 13:45 | 989148 A Texan
A Texan's picture

...human sacrifices, dogs and cats living together, mass hysteria!

 

No, seriously, it will create a huge problem.  $147 oil was the straw that broke the camel's back on our debt-crazy economy in 2008, and all that Bernanke and Obama did was to step on the accelerator.  It worked, not so well, for a couple of years but here we are again with equally high oil prices on the horizon and MORE debt, LOTS more debt.

 

Our economy is, indeed, toast.  Toast like you'd get from the center of the Sun.

Wed, 02/23/2011 - 11:03 | 988308 Internet Tough Guy
Internet Tough Guy's picture

Women drivers = $300 oil.

Wed, 02/23/2011 - 11:03 | 988311 iota
iota's picture

Man, Facebook was the best investment CIA ever made.

Wed, 02/23/2011 - 11:10 | 988347 I Got Worms
I Got Worms's picture

Da truth.

Wed, 02/23/2011 - 11:42 | 988501 Pez
Pez's picture

Created by the DoD. Technology as a Trojan Horse! Internet for EVERYBODY! (Let the iPhone users pay more cause they're snots in general).

Wed, 02/23/2011 - 11:46 | 988516 BigJim
BigJim's picture

You think the CIA wants more democracy in the Middle East? How does that serve the MIC or the zionists on the Hill?

Wed, 02/23/2011 - 13:03 | 988889 Drag Racer
Drag Racer's picture

this has nothing to do with creating democracy, they want to equalize things 'enough' for centralized management. you know, the whole NWO crappy thing

Wed, 02/23/2011 - 16:32 | 990101 Guy Fawkes Mulder
Wed, 02/23/2011 - 11:02 | 988312 Bruno the Bear
Bruno the Bear's picture
The eastern world, it is exploding
Violence flarin', bullets loadin'
You're old enough to kill, but not for votin'
You don't believe in war, but what's that gun you're totin'
And even the Jordan River has bodies floatin'
Wed, 02/23/2011 - 12:28 | 988717 BearOfNH
BearOfNH's picture

That was 1965, and we're still alive.

Not sure we'll make another 45 years, though.

Wed, 02/23/2011 - 11:03 | 988315 ZackAttack
ZackAttack's picture

My only question is whether the House of Saud's plan involves US boots on the ground.

Magic 8-ball says 'Yes'.

Wed, 02/23/2011 - 11:04 | 988317 Pants McPants
Pants McPants's picture

Nothing like announcing your demands ahead of schedule to allow for preparations.

Please don't misunderstand - I'm all for gov't feeling the heat and people marching in the streets.  And if $200 crude will get the message across, so be it. 

I fear changing/improving an existing gov't will achieve nothing.  The entire philosophical approach needs to be altered from one that requires forced appropriation/violence to one that is founded upon voluntary cooperation and individual freedom.

How can you petition an organization that thrives upon oppression for human rights?  I don't get it.

Wed, 02/23/2011 - 11:15 | 988385 Dr. Richard Head
Dr. Richard Head's picture

Nor I.  A voluntary society would indeed be the golden age.  However, what we have now are groups that are asking for the government to FIX things.  This is, quite truly, the antithesis of freedom.

Wed, 02/23/2011 - 11:43 | 988509 arkady
arkady's picture

Nor I for that matter.  Announcing a revolution in a place like Saudi Arabia strikes me as comical.  The whole point of these uprisings is that they are random, unexpected and take the regimes for surprise.  This just looks like a joke.

Wed, 02/23/2011 - 11:55 | 988557 Idiot Savant
Idiot Savant's picture

+1 hand chopping.

The Saudis have watched Egypt, Bahrain, Libya, etc.. The slightest hint of an uprising and it will be squashed brutally and quickly.

Wed, 02/23/2011 - 11:58 | 988575 TBT or not TBT
TBT or not TBT's picture

Let's hope so.

Wed, 02/23/2011 - 11:03 | 988319 hack3434
hack3434's picture

Nice!

Wed, 02/23/2011 - 11:04 | 988321 miker
miker's picture

What happens if folks suddenly realize the Central Banks can't prop up markets with these rapidly deteriorating world economic and political conditions? 

All the big boys have been "nice" and played ball with the Fed and others to levitate the stock market up.  But what if animal instincts tell them they better get their money out?

What if BTFD can no longer be supported.  What if suddenly STFR takes its place?

Wed, 02/23/2011 - 11:07 | 988332 topcallingtroll
topcallingtroll's picture

I think STFD is coming.soon! However dont expect more than a ten percent drop.

Wed, 02/23/2011 - 11:16 | 988379 I Am The Unknow...
I Am The Unknown Comic's picture

if you're right, you're going to have to change your name to bottomcallingtroll

(sounds sexier anyway)

Wed, 02/23/2011 - 12:34 | 988744 doggings
doggings's picture

lol, bottomfondlingtroll sounds much better, im going off to register it right now.

Wed, 02/23/2011 - 13:14 | 988953 topcallingtroll
topcallingtroll's picture

lol

Wed, 02/23/2011 - 11:25 | 988426 Wakanda
Wakanda's picture

STFD now.

Wed, 02/23/2011 - 11:08 | 988322 wandstrasse
wandstrasse's picture

do Saudi-Arabians assume that other nations have what they demand?

Wed, 02/23/2011 - 11:47 | 988520 Pez
Pez's picture

If I were to bet on Sauds vs THE WORLD, I'd pick THE WORLD.

Wed, 02/23/2011 - 11:04 | 988323 topcallingtroll
topcallingtroll's picture

Woohoo! Load up on the short sells or buy the.double short etf's!

Be.sure and max out your credit cards and any savings you might have. If your wife asks.why tell her an anonymous troll told you to do it.

Is it any worse advise than you get.from a sell side analyst?

Wed, 02/23/2011 - 11:05 | 988324 dick cheneys ghost
dick cheneys ghost's picture

our economy will suffer, but in the long run it will be the best thing to happen. read about saudi's society. what freaks.

 

http://nakedempire.wordpress.com/

Wed, 02/23/2011 - 11:07 | 988337 tmosley
tmosley's picture

Damn.  Tempted to go long oil here.  Silver has a pretty strong correlation.

Decisions, decisions.

Maybe I'll compromise and buy more solar panels instead.

Wed, 02/23/2011 - 11:25 | 988423 TriggerFinger
TriggerFinger's picture

damn, has nobody recently reminded you that 'you can't eat solar panels' ?

Wed, 02/23/2011 - 11:48 | 988529 Pez
Pez's picture

yes....but who can take the sunshine and dip it in a dream?

Wed, 02/23/2011 - 12:19 | 988672 Agent P
Agent P's picture

Gene Wilder

Wed, 02/23/2011 - 21:40 | 991142 StychoKiller
StychoKiller's picture

...Come on boys and wager,
if you have got the mind.
If you got a dollar boys,
lay it on the line.
Hand me my old guitar.
Pass the whiskey round.
Won't you to tell everybody you meet
that the Candyman's in town?

Look out,
Look out,
The Candyman.
Here he comes,
and he's gone again!
Pretty lady ain't
got no friend,
till the Candyman
comes around again!

 

 -- "The CandyMan", Grateful Dead

Different song, better CandyMan!

Wed, 02/23/2011 - 12:35 | 988745 tmosley
tmosley's picture

Whoever said that has never heard of spinach.

You can't eat MAN MADE solar panels.  That's true.  They are good enough fro running grow lights, however.

Wed, 02/23/2011 - 11:08 | 988342 sudzee
sudzee's picture

Seems like king Abdulla's best offer is social aid. Should be a sitdown strike on the airport runway.

http://www.cnbc.com/id/41734196

Wed, 02/23/2011 - 11:11 | 988353 Ham Wallet
Ham Wallet's picture

The decapitated bodies under their photo section of their facebook page is a nice touch.

Wed, 02/23/2011 - 11:14 | 988370 bernorange
bernorange's picture

Well fuck me.

Wed, 02/23/2011 - 11:39 | 988490 Going Loco
Going Loco's picture

No.

Wed, 02/23/2011 - 21:41 | 991148 StychoKiller
StychoKiller's picture

What Julian Assange shoulda said! :>D

Wed, 02/23/2011 - 11:53 | 988545 Cognitive Dissonance
Cognitive Dissonance's picture

Ask nicely and your request will be given serious consideration. What size tip are you offering?

Wed, 02/23/2011 - 12:42 | 988771 MolotovCockhead
MolotovCockhead's picture

Are you that desperade?

Wed, 02/23/2011 - 11:14 | 988374 SDRII
SDRII's picture

Wait wait wait the wikileaks release hasn't occurred yet but should be coming on schedule. The libya one on the other hand was right on schedule.

Wed, 02/23/2011 - 11:15 | 988377 Fix It Again Timmy
Fix It Again Timmy's picture

Looks like Victor Hugo had a bead on 2011 - "All the armies in the world

cannot stop an idea whose time has come."  However, what becomes of the

idea is another issue...

Wed, 02/23/2011 - 11:56 | 988561 TBT or not TBT
TBT or not TBT's picture

What idea is it whose time has come?

Wed, 02/23/2011 - 21:45 | 991154 StychoKiller
StychoKiller's picture

Old, senile dictators must retire!  Forcibly, if necessary.  I recommend a steno-pad or a voice recorder to ya...

Wed, 02/23/2011 - 11:15 | 988387 infinity8
infinity8's picture

just read an AP article that referred to a Facebook page calling for a "March 11 Revolution of Longing", very similar to above. . .simmer breaks to boil pretty fast these days.

Wed, 02/23/2011 - 11:18 | 988397 miker
miker's picture

Don't underestimate that rapidity and enormity of these Mid-east upheavals.  We all know the markets have been levitated up by central banks, banks and corps doing their bidding.  But it's clear, they have been able to do this with relatively small amounts of fiat, because there has not been any strong selling.

We all know the central banks are not all powerful.  Just like Mother Nature, there are events and situations that even they cannot control. 

Black Swan anyone?  I think if things deteriorate further, many "buyers" are going to turn tail and sell to preserve their wealth.  The central banks simply couldn't stem this level of selling.

 

 

Wed, 02/23/2011 - 11:18 | 988399 fijisailor
fijisailor's picture

Not going to happen.  Saudi King offers additional benefits to citizens.

 

http://www.bbc.co.uk/news/world-middle-east-12550326

Wed, 02/23/2011 - 11:19 | 988401 Kaiser Sousa
Kaiser Sousa's picture

King "Asshole" better strap up...hummm - $10 a gallon gas...

better get a skateboard....

Wed, 02/23/2011 - 11:23 | 988412 samsara
samsara's picture

 

 

Exclusive to WMR:

The Arab revolt has spread to Arabia [we're dropping the descriptor "Saudi" since that will, in the near future, no longer be the name of the country currently known as "Saudi Arabia."] 22 Feb 2011 -- Some 100 youth took to the streets of Hafar Al Batin, calling for the end of the Saudi regime. Hafar Al Batin is a city in northeast Arabia.

The Saudi regime, through media propaganda, has devoted attention to the return of King Abdullah II after his recent surgery in Morocco. Arabians are infuriated about the lack of government response to the floods in Jeddah and the fact that Abdullah did not do anything about the damage caused by the floods. On the eve of Abdullah's return, Arabians took to the streets calling on Abdullah not to return, chanting "we don't need you."

No news agency has covered the Arabian protests, except Islah TV, which has confirmed the news. People in Arabia now say "Enough is Enough." We are told there will be a big uprising in the coming days in Arabia.

 

http://www.waynemadsenreport.com/

Wed, 02/23/2011 - 11:24 | 988417 InconvenientCou...
InconvenientCounterParty's picture

Just a thought here so indulge me. What if the Sunni/Shia religious leaders happen to align with the oppressive gov't in the mode of Iran? Something like; Mullahs call for the execution of all zionists and infidels not aligned with the monarchy.

Think about that. Oppressive gov'ts with the religion aligned with the oppressors. Some twenty something wakes up one day and lights himself on fire on video. A female doing it would be even more powerful. All of a sudden, the whole control structure of Islam has lost the next generation. Just a thought.

Wed, 02/23/2011 - 11:52 | 988542 TBT or not TBT
TBT or not TBT's picture

A female death in one of these countries is a big yawneroo for the locals.   The Saudi religious police once forced a bunch of school girls back in to a burning building because they were not properly covered.   They all perished, and this was deemed proper action by the police because it is what (islamic) law calls for.    

So no, a female death would not be "even more powerful."

Wed, 02/23/2011 - 11:59 | 988573 Rodent Freikorps
Rodent Freikorps's picture

It is to a Western viewer. Kind of why I like the West better.

Wed, 02/23/2011 - 17:49 | 990480 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

Oppressive gov'ts with the religion aligned with the oppressors.

Sounds like what Americans have with "money" for religion.

Wed, 02/23/2011 - 11:24 | 988422 chubbar
chubbar's picture

Well the good news is the Obama is importing the muzzies here so hopefully all those trouble makers in the ME will be gone soon!

"

President Barack Hussein Obama, in a determination letter to Congress, has announced that he will allow an additional 80,000 immigrants – - mostly from Islamic countries – - to resettle in the United States during fiscal year 2011.

Mr. Obama says that the increase in Muslim immigrants “is justified by humanitarian concerns or is otherwise in the national interest.”

The following “goals” for new immigrants has been set as follows:

Africa . . . . . . . . . . . . . . . . . . 15,000
East Asia . . . . . . . . . . . . . . . . . 19,000
Europe and Central Asia . . . . . . . . . . 2,000
Latin America/Caribbean. . . . . . . . . . . 5,500
Near East/South Asia. . . . . . . . . . . 35,500
Unallocated Reserve . . . . . . . . . . . . 3,000

Refugee Resettlement Watch and other organizations have expressed grave concern that Mr. Obama is allowing so many immigrants into the country while so many Americans remain out of work and living in poverty.

According to the US Department of Labor, 14.8 million Americans remain unemployed. 6.1 million have been out of work for 27 weeks or over.

This figure has been challenged by the Union of the Unemployed who provide statistics that the actual number of unemployed Americans is 31 million.

The U. S. Census Bureau shows that the median household income for Americans has fallen to $49,777 – - a decline of 0.7% in the past year.

One in seven Americans no longer can feed themselves.

According to The Wall Street Journal, 14.3% of the American people live in abject poverty.

A refugee is defined by The US Department of Immigration and Naturalization as someone who has left one’s country due to persecution or a fear of persecution.

This accounts for the sharp rise of Somali communities throughout the country.

However, the definition of refugee is ‘fudged’ in several cases. “Refugees” who have not left their country due to persecution, according to Mr. Obama’s determination letter, can still be called “refugees” if they are from Iraq, one of the Islamic countries of the former Soviet Union, or Cuba.

According to Section 413 (a) of the Immigration and Nationalities Act, the Office of Refugee Resettlement is required to submit an annual report to Congress on the activities of the refugees.

The report is supposed to include the number who are on public welfare programs.

But no report has forthcoming from the Office of Refugee Resettlement since 2007"

Wed, 02/23/2011 - 11:54 | 988552 TBT or not TBT
TBT or not TBT's picture

Dinesh D'Sousa's theme in The Roots of Obama's Rage is very unfortunately panning out.

Wed, 02/23/2011 - 12:09 | 988629 Rodent Freikorps
Rodent Freikorps's picture

Hell, our government is already refusing to stop the invasion from the south. What's one more direction matter?

Wed, 02/23/2011 - 11:27 | 988436 themosmitsos
themosmitsos's picture

Man, if Saud goes, the oil market will bukkake itself

Wed, 02/23/2011 - 11:47 | 988522 TBT or not TBT
TBT or not TBT's picture

Oil is dark, and too runny for your optics to work.   Keep working on it.

Wed, 02/23/2011 - 11:27 | 988437 Bansters-in-my-...
Bansters-in-my- feces's picture

Better keep your gas tank full.

 

Wed, 02/23/2011 - 11:28 | 988443 Northeaster
Northeaster's picture

There is no way The United States (aka oligarchs) will allow this to happen.

 

It's been well over 20 years since being in that region, but to give credence to this, The Royals would move all their families out of the country, have we seen that? When I was there, they sent family members to Egypt, not sure that's a prudent place this time around. So until that happens, I smell BS.

Wed, 02/23/2011 - 12:58 | 988858 Jim in MN
Jim in MN's picture

Don't they all have nice condos in Houston?  Little spring break action.

Wed, 02/23/2011 - 11:29 | 988445 alphaSheikh
alphaSheikh's picture

Riyadh Facebook Club.... LOOOOL.  Man, you guys need to stop.  We only do demonstrations in other countries to jack up oil prices, but the Kingdom is off limits to democracy. If you don't know, you better ask somebody in DC...

Wed, 02/23/2011 - 11:29 | 988451 willien1derland
willien1derland's picture

Interesting Date --> 20 March is New Year's Day In Saudi Arabia

Wed, 02/23/2011 - 11:31 | 988461 curbyourrisk
curbyourrisk's picture

Saudi Arabia to shut down the internet in 3,2,1...........

Wed, 02/23/2011 - 15:04 | 989623 Problem Is
Problem Is's picture

Funny curby...

Coming to a former 1st world nation near you ... 3,2,1...

<INTERNET><KILL><SWITCH>

Wed, 02/23/2011 - 11:32 | 988462 Zero Debt
Zero Debt's picture

There's no point detailing their plans for the SAMA, which is a notable omission

Wed, 02/23/2011 - 11:33 | 988467 treemagnet
treemagnet's picture

Truth is, these desert cultures don't want democracy.  They prefer to pursue their ideal fair leader with a strong hand - except they seem to continually forget everybody's got a different idea of what fair and strong will mean.  Token gestures aside, their tribal culture will never allow democracy to gain a foothold, making it very easy for the US to set up a revolving door of initially friendly/later asshole dictator.

Wed, 02/23/2011 - 11:45 | 988514 TBT or not TBT
TBT or not TBT's picture

Said culture is defined at least as much by "Islam", a highly codified totalitarian system that many mistake for a mere religion.  The word itself means "submission".   Freedom isn't part of the deal.

Wed, 02/23/2011 - 14:33 | 989476 Jim in MN
Jim in MN's picture

Desert cultures....like Arizona....?  Sounds about right.

Wed, 02/23/2011 - 11:35 | 988477 HedgeFundLIVE
HedgeFundLIVE's picture

Trader at Hedge Fund LIVE has best day yet, +$326k, trading Libya unrest http://ow.ly/41TWA 

Wed, 02/23/2011 - 11:37 | 988481 Pure Evil
Pure Evil's picture

After reading their list of demands, it seems they need a lot of Hope and Change.

And, we've got just the man that can give it to them.

Maybe by March 20th, we'll hear that Odumbass is vacationing in Saudia Arabia.

Wed, 02/23/2011 - 13:53 | 989211 A Texan
A Texan's picture

"Maybe by March 20th, we'll hear that Odumbass is vacationing in Saudia Arabia."

 

And they can keep him, I'll take the walking misstatement any day.  However, I don't think that the Saudis are that stupid.

Wed, 02/23/2011 - 11:42 | 988503 TBT or not TBT
TBT or not TBT's picture

It isn't clear how Rahm can take advantage of this crisis as mere Mayor of Chicago.

Wed, 02/23/2011 - 11:55 | 988550 Pez
Pez's picture

He must be, "on a mission from Saud!"

Wed, 02/23/2011 - 13:06 | 988904 Jim in MN
Jim in MN's picture

A joke decades in the making; I salute you, sir.  It's just a shame the whole world had to go to Hell so that joke would work....

Lady Liberty vs. A Central Banker:

Lady Liberty: You miserable slug! You think you can talk your way out of this? You betrayed me.
Central Banker: No I didn't. Honest... I ran out of gas. I, I had a flat tire. I didn't have enough money for cab fare. My tux didn't come back from the cleaners. An old friend came in from out of town. Someone stole my car. There was an earthquake. A terrible flood. Locusts. IT WASN'T MY FAULT, I SWEAR TO GOD.

Only in this version the ending is different.

 

Wed, 02/23/2011 - 11:49 | 988526 New Revolution
New Revolution's picture

Their revolution is strong on demands but short on structure, and without structure you've got nothing.   Because once the Revolution is a success you'd better damn well have something more than vagely outlined demands, you'd better have structure to make them a reality or your going to slide into a large bucket of shit and blood that leaves no one untouched.   This is the vacuum that the United States should be filling this very second, but we can't because we aren't the answer.   We used to be, but we're not anymore.    The only way we can lead, is by example.   America must change.   If America changes, the rest of the world is forced to change, they have no choice in the matter because we will always win if we lead with the Peace of Freedom.   Nothing can stand before it, it is omnipotent.

Wed, 02/23/2011 - 11:54 | 988537 virgilcaine
virgilcaine's picture

Never has such a reckless plan been used with 'QE'.. time to pay the piper with 200 dolr oil.

You don't believe the bernank actually knows what he is doing do you?  He's just a talking academic beard.

Wed, 02/23/2011 - 11:55 | 988558 Jim Billy Bob J...
Jim Billy Bob James IV's picture

This kinda reminds of my days of wasted efforts in Nicaragua in the early 80's.  People in Nicaragua had trouble seeing the difference between democracy and maxism and most thought they were the same thing - one being pushed by the U.S. and the other by the Soviets and they supported whoever would give them the most (usually measured in guns and food).  We see how that worked out and but now the Sandanistas own the land and Daniel Ortega is the largest land owner in Nicaragua.  Now that I think about it, the Latin America uprisings of the 80's and 90's were a suprising forerunner of what is happening in the middle east now. 

Wed, 02/23/2011 - 12:10 | 988640 TriggerFinger
Wed, 02/23/2011 - 12:05 | 988589 Ahmeexnal
Ahmeexnal's picture

Do they really want the mirage of mass democracy flourishing in the middle east?  Is there really anyone left who thinks "they" have the power to determine who rules them by tossing a worthless piece of paper into a ballot (or pulling a lever/pushing a button)?  Do the saudi people want to grow "wealthy" on debt?

While mass democracy has been comatose in the rest of the world waiting for the next political system to replace it, it is being sold to the Arabs with better results than the 72 virgins in heaven.

 

Expect TBTF banks making fortunes in the Arab nations for the next hundred years.

Wed, 02/23/2011 - 12:02 | 988596 Rodent Freikorps
Rodent Freikorps's picture

The local governments are not stupid, and are on guard by now. Some of these things are going to be ruses to flush out malcontents early.

Wed, 02/23/2011 - 12:06 | 988618 Oh regional Indian
Oh regional Indian's picture

The revolution will be advertized!

Twittered ablaze!

ORI

http://aadivaahan.wordpress.com/2011/02/23/ihumor-for-un-funny-days/

Wed, 02/23/2011 - 12:14 | 988649 Northeaster
Northeaster's picture

No Flight, No Risk, period. This is a Red Herring all day long.

Wed, 02/23/2011 - 12:18 | 988670 Rodent Freikorps
Rodent Freikorps's picture

So what is it we are not supposed to be looking at, then?

Wed, 02/23/2011 - 14:24 | 989422 Northeaster
Northeaster's picture

You can look at this all day long if you want. I've seen this before, and unless the royal families start chartering flights (they will do this quietly of course) to wherever, this is just sensationalized noise. If the royal families start showing up en-masse in the U.A.E. or England before this date, then I'll give this story more credence.

 

 

Wed, 02/23/2011 - 12:18 | 988666 Atomizer
Atomizer's picture

Problem, Action, Solution

Wed, 02/23/2011 - 12:22 | 988683 falak pema
falak pema's picture

The day arab world buys into the Turkish vision of Islam, more alike western vision of christian faith in society, run on secular principled institutions, ordained by Mustafa Kemal in Turkey after Ottoman demise, this will become the blueprint for the future where women's rights become guaranteed. It is more and more accepted amongst the new generation of North Africa. Hopefully it will spread to Arabia and then to that last bastion of Sunni regression : pakistan/afghanistan. Shia Iran should tilt over in the next five years  under its own internal impetus. Just let it cook and help the transition in arab lands is the best bet for the west. Hope you guys are not too dumb not to hear it in Sarah Palin land. But then the economic agenda as it worsens will dictate the choices in the land of the not so free. Keep our fingers crossed you don't take the wrong fork as the whole world depends on the USA managing their inevitable downturn in a reasonable though internally very painful way.

Wed, 02/23/2011 - 14:16 | 989383 Things that go bump
Things that go bump's picture

I'm sorry, I believe the US government would kill its own citizens down to the last child rather than voluntarily give up one iota of power, and I think they will drag the rest of the world down in flames with us if it can.  It suffers from the sin of Lucifer and it is better to reign in Hell.  

Wed, 02/23/2011 - 12:35 | 988739 Weisbrot
Weisbrot's picture

seems like the Saudis & the USA have almost the exact same governmental issues

Wed, 02/23/2011 - 12:40 | 988760 Gene Parmesan
Gene Parmesan's picture

I'll believe it when I get the e-vite.

Wed, 02/23/2011 - 13:05 | 988902 BurningFuld
BurningFuld's picture

If the house of Saud falls you can forget about the "New Government" taking Greenbacks for their oil.

Fagetaboutit.

Wed, 02/23/2011 - 15:09 | 989601 Problem Is
Problem Is's picture

When can we have this deal in Amerika?

I will pick out my favorites:

12 – to seriously address the problem of unemployment
No. BAHAHhahahaha-ah-ah-ha...
Well we lie with statisitics about the unemployment problem...

11 – impartial development and equitable distribution of wealth.
Yes. Wealth is always looted upwards...

10 – an independent and fair judiciary.
No Wall Street prosecutions for MBS fraud, bailout fraud, fraudclosures, etc. etc.....

7 – allowing civil society institutions
You mean Domestic Terrorist Nests under TSA,NSA,FBI,CIA, Homeland Insecurity Doctrines?

6 – public freedoms and respect for human rights
That is what the TSA,NSA,FBI,CIA, Homeland Insecurity are all about Charlie Brown...

5 – legislative elections.
Nope. We have Bribe Fest 2010,2012 ... or Wall Street/Corporate "Buy Your Bitch" Night...

Wow. Facebook is giving those green flag guys a way better deal than we are getting over a few bread riots... Imagine that.

Wed, 02/23/2011 - 17:26 | 990316 virgilcaine
virgilcaine's picture

++

 

I think it's past the prosecution stage.. moving towards the execution stage.  Hard to believe what has happened to this once great Land..remember the scene in Godfather 2 when Cuba fell to the revolutionaries and the mobsters and politicians  fled by Boat?  I could see that happening here.

Wed, 02/23/2011 - 19:10 | 990761 ZeroConfidence
ZeroConfidence's picture

Holy Shit - the fuse is lit.

Now here's a long shot... if the monarchy immediately addresses these issues in a positive, collaberative way they may survive in much the way the British royalty have.

And the rest of the world may avoid oil spiking to $200+.

If things go sideways in Saudi we're all going to feel the pain.

Wed, 02/23/2011 - 20:03 | 990892 liberalscreateslaves
liberalscreateslaves's picture

Is there a relation to Iraq changing government and the current middle east changes?

Wed, 02/23/2011 - 21:55 | 991183 stiler
stiler's picture

Sure, BushDoctrine backfire. Happened everywhere else.

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