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IMF Prepares For "Threat To International Monetary System"

Tyler Durden's picture




 

Back in April 2010, before Waddell and Reed sold a few shares of ES, effectively destroying the market on news that Europe was insolvent, we made the following observation: "The IMF has just announced that it is expanding its New Arrangement to Borrow (NAB) multilateral facility from its existing $50 billion by a whopping $500 billion (SDR333.5 billion), to $550 billion." Little did we know that our conclusion "something big must be coming" would prove spot on just a month later after Greece, then Ireland, then Portgual, and soon Spain, Italy, Belgium, and pretty much all other European countries would topple like dominoes tethered together by a flawed monetary regime. Well, based on news from Dow Jones we can now safely predict the following: "something bigger must be coming." As if the IMF's trillions in open lending facilities (many of which have recently been adjusted to uncapped) were not enough, we now learn that the world lender of last resort (which in theory is the Fed, but apparently Bernanke has been getting a little shy lately so is offsetting his direct lending directives to secondary organizations like the IMF, leaving the Fed with only USD liquidity swaps) is about to activate a "Special Funding Pool" - Dow Jones explains: "The International Monetary Fund is expected to soon activate a special funding pool that will boost the fund's ability to prevent or resolve economic crises, two people familiar with the situation said Thursday. One of the people said the activation of the funding--which can only be made by a special request from the IMF managing director to the board--was in anticipation of an expected wave of new IMF programs, including the possible expansion of the Greek bailout package." Wonderful. Global financial cataclysm rinse repeat all over again...

More from Dow Jones:

Activating access to the funding pool could provide assurance to the market of the IMF's ability to backstop any major funding crisis amid ongoing fears that Europe's sovereign debt woes will worsen. The IMF board recently approved a boost to the so-called New Arrangements To Borrow, bringing the special pool of funding to around $580 billion, adding several hundred billion dollars to the total amount the fund has to tap. According to the IMF, the pool of supplementary resources are only to be activated when "needed to forestall or cope with a threat to the international monetary system."

Although no request has been made, markets, analysts and economists say rejection by the Portuguese parliament Wednesday of a belt-tightening budget all but sealed the likelihood Lisbon will request aid from the IMF and the European Union.

Bottom line: there is a new threat to the international monetary system which means Europe May 2010 redux is imminent.

US taxpayers: our condolences.

 

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Thu, 03/24/2011 - 19:25 | 1097407 nope-1004
nope-1004's picture

Buy silver and protect your wealth.  Remove the criminal banker syndicate from grabbing what you have, as after taxes rise to meet this endless corrupt fiat demand, confiscation of your pensions and 401K's is next.

 

Thu, 03/24/2011 - 19:41 | 1097444 66Sexy
66Sexy's picture

This is just more digital monetary creation from nothing; backed by nothing; with no value but the decree from an entity that is not even a government... therefore with no military or industrial backing.

Silver, gold, and commodities are the international currency of choice NOW. Without real gold backing, no single entity will have the legitimacy to replace the multi tiered currency system we have today .. just the currencies will weaken over time to tradeable commodities.

We already see this in the market today; considering the dollar is the international currency and its performance shows a lack of faith in ALL currencies; changing the name, rank or serial number by fiat wont change the gut level reaction of self preservation and self protectionism by nations in their continuing flight to real commodities and out of fiat currency.

Thu, 03/24/2011 - 22:51 | 1098137 SwingForce
SwingForce's picture

Yes, default, just like a fiat currency. Print too much paper? No skyrocket in asset value, only default for those who hold PAPER. Tuff Shitt.

Thu, 03/24/2011 - 23:36 | 1098293 JR
JR's picture

A single currency means one-world government.  It is no longer a debatable point.

Only those nations that retain their orientation toward survival, that keep a sense of identity and refuse to allow that sense of identity to be dissipated will succeed as a people, as a culture. Paraphrased, these are the words of Gregory R. Copley of GIS.

International bankers hate nationalism. They want to be able to operate quickly and profitably without restriction or borders by pressing their buttons and not dealing with protectionist governments. The oligarchs hate nationalism because they can’t steal a people’s resources and labors. They’re nailed down.

For nearly a century, the internationalists have been in the business of molding public opinion in support of globalism and internationalism, away from nationalism—away from the principles of the Founders that made American great.

The Rockefeller Foundation minced no words in 1946 in advocating globalism:

“The challenge of the future is to make this world one world—a world truly free to engage in common and constructive intellectual efforts that will serve the welfare of mankind everywhere.”  -- a “common world” designed around international collectivism.

America must establish her own currency and run Bernanke and his Fed of international bankers and their “world reserve currency” out of town.  America’s “world reserve currency” is nothing more than a stalking horse for the international investment bankers’ one-world currency – the SDR, the bancor of John Maynard Keynes’ 1944 proposed global bank.

“When the IMF was created, it was the vision of Fabian Socialist John Maynard Keynes that there be a world central bank issuing a reserve currency called the ‘bancor’ to free all governments from the discipline of gold.  With the creation of SDRs, the IMF had finally begun to fulfill that dream.” – G. Edward Griffin

Thu, 03/24/2011 - 23:40 | 1098306 TruthInSunshine
TruthInSunshine's picture

The Creature From Jekyll Island is the best book I've read in my lifetime.

My only caveat is that when the government declares force majeure due to alleged threats to the financial system, it will mean that all of you  will need to be prepared to protect you physical in the face of the heaviest armaments you're going to see in the world.

Thu, 03/24/2011 - 19:46 | 1097490 gwar5
gwar5's picture

Yep, the next "crises" will mean they'll try to confiscate private pensions. 

It will be for our protection from the evil Wall Street capitalists. When the market crashes people will get the rest of their 401Ks wiped out. They'll be so discouraged they'll give up. 

Thu, 03/24/2011 - 19:50 | 1097498 Shameful
Shameful's picture

When the 401ks get taken, brace for impact. I expect the day of reckoning not to be far beyond.  After all why keep up the facade after all the wealth is sucked out of the US.  Probably burn it down for the insurance money.

Thu, 03/24/2011 - 20:15 | 1097605 unununium
unununium's picture

By "taken" I hope you mean devalued via crash in all asset values except for PM's.  The uberclass will not be so crude as to forcibly confiscate anything.

Thu, 03/24/2011 - 20:18 | 1097612 Boilermaker
Boilermaker's picture

They'll be exchange for treasuries and you'll be told "it's for your own good" and you'll like it. 

Signed,

Argentina

Thu, 03/24/2011 - 22:44 | 1098121 True.North
True.North's picture

+66.3%

Fri, 03/25/2011 - 01:15 | 1098517 Doña K
Doña K's picture

If they can print money at will, why go after worthless 401k plans and piss everyone off?

Fri, 03/25/2011 - 02:09 | 1098577 Founders Keeper
Founders Keeper's picture

[If they can print money at will, why go after worthless 401k plans and piss everyone off?]---Dona K

That's a good question, Dona.

I expect retirement account values will get so hammered on the next leg down in stocks/bonds, AND the government's new "alternative" retirement vehicle will appear so attractive, that pension/401k/IRA account owners will be begging to take the govt's offer.

 

Fri, 03/25/2011 - 05:14 | 1098685 macholatte
macholatte's picture

The "collapse" is not going to happen too fast. The preferred method is an "erosion" of wealth. How much was a loaf of bread 20 years ago?

Be not afraid that your 401-k will be seized by shock troops. It will be destroyed again like the crash of 2000, 2001, 2008 plus the cancer of inflation will eat away at your buying power and so forth until there is nothing left and no one to blame but you because you were greedy and demanded a life style above that of a Mexican peasant so you got your college degree and did all those things the "experts" said to do so you'd have a good life and you will have been blind sided once again.

wash-rinse-repeat

 

 

 

Fri, 03/25/2011 - 10:50 | 1099455 flattrader
flattrader's picture

Yep.  Blame the victim.

I saw it happen during my brief career in LE countless times.

Oddly, many/most victims are made to feel culpable easily enough.

Fri, 03/25/2011 - 11:04 | 1099507 JR
JR's picture

The truth capsulized.  Well said, macholatte.

Thu, 03/24/2011 - 20:22 | 1097622 Shameful
Shameful's picture

Yeah I mean taken.  But no not direct confiscation, but I can see them being forced into "War Bonds" "America Bonds" or some other lame name.  The cycle up and down hurts people, but the masses are spread out into asset classes, can sheer off flesh but to eat the whole beast must shove it into one asset class to devour.

Like being in stocks will protect to a degree from dollar death.  Being in bonds protects from market crash.  So without a forced consolidation the only way to take it would be to crash market and keep it down while devaluing the currency.  To difficult.  Besides when get taste of austerity and the gov will say "It we don't tap the 401ks then no more SS.  but don't worry, you'll still have your 401k, we just need it for liquidity".  The words will be different as they have expert speech writers but that will be the gist of it.

Thu, 03/24/2011 - 20:54 | 1097719 cosmictrainwreck
cosmictrainwreck's picture

wonder if you care to speculate on relative probability of "buy bonds" enforced on self-managed IRA in a trading account vs. 401(k); which is taken out first?

Thu, 03/24/2011 - 21:07 | 1097762 Shameful
Shameful's picture

I would guess same time. Now they might not hit self directed IRA, but I figure they would just "shock and awe" the whole field. And I mean ROTHs to, can't let the plumb escape.

They're going to asset strip, so why leave chairs in the place before you burn it?

Thu, 03/24/2011 - 20:59 | 1097736 Dr. Porkchop
Dr. Porkchop's picture

It's a hard truth, but the younger generations will become quite sick of footing the bill for Grandma and Grandpa's retirement when they know they'll never see a dime. We're headed for a future where everyone will need to pull their weight.

Thu, 03/24/2011 - 21:12 | 1097779 Shameful
Shameful's picture

Bull!  Some have actually put enough away to fund a retirement without SS.  But of course it will be looted off them to make them more dependant on the system.  System robs a person their whole life and then finishes it off by stealing the little nest egg they put together for the twilight years.

It won't be about pulling old weight, it will be about putting down the old.  "Well we can't afford to keep Grandma around anymore so we had to put her down"  And don't think it will stop there.  Need to justify ones existence to stick around.  After all have to be austere in the planned society.

"I've seen the future brother; it is murder" -  Leonard Cohen, The Future

Thu, 03/24/2011 - 21:33 | 1097829 centerline
centerline's picture

Population deflation.  Pushing up daisys is going to be a common career in the near future.  Unfunded liabilities are just smoking craters at this point.

Thu, 03/24/2011 - 21:41 | 1097865 Shameful
Shameful's picture

Don't get down to 500 million from here without a lot of deaths.  It's just a matter if it's a quick death or a slower unwind.  A mass kill off, vs sterilizing the public for example.

 

Those unfunded liabilities will never be met in real terms, might have dollars tossed at them but lwho knows what it will be worth at the time.

Thu, 03/24/2011 - 21:41 | 1097866 Dr. Porkchop
Dr. Porkchop's picture

Yes.. People who worked hard to put something away for the future will hopefully be able to see their savings be put to use for them... Unfortunately i think most gambled their future on the housing bubble. I'm in my mid thirties and i doubt there will be a retirement for me.

Thu, 03/24/2011 - 21:56 | 1097909 Shameful
Shameful's picture

Oh I agree most don't have much set aside, but there is a lot of money in there in the aggregate and it will be taken.  The taking the 401ks is a good wealth grab as well as making those who could be independent dependant on the system.  You think there is a hue and cry about touching SS now, wait till after the retirment assets are looted.  It will literally be a battle of life or death.  After all does walmart need that many more greeters?

Thu, 03/24/2011 - 22:40 | 1098094 Dr. Porkchop
Dr. Porkchop's picture

That's not to say that every old person will cast aside by a certain age.. different support systems will come about. The home economy will become much more important again. The extended family will make a comeback. The older generation will take on certain duties to free up the working generation to allow the survivial of the unit. There will be a lot more people involved in the production of food. A lot of skills will have to be relearned.

Also I think the fraternal organizations will make a comeback. Social capital will be very important.

Fri, 03/25/2011 - 00:26 | 1098421 Shameful
Shameful's picture

Sadly no.

Look at how families treat each other now. Will they come together to provide for those seen as a burden or wish them to be "die for everyone's good". This is not the vulture of our fathers or grandfathers. Look around you, turn on your TV.

You can argue that the older gen can watch kids, well kids are slowly getting phased out as people are forced to run on the debt treadmill for school.

I'm willing to bet a lot of the old will simply be cast aside. Not all of them, but a number that should shock the conscience. Though in some way it is their fault. They participated in the ponzi hoping ti cash in, but turns out they guessed wrong. How much better would things be if our parents or their parents had stood up to the building of this system?

Fri, 03/25/2011 - 06:27 | 1098721 Neoisolationist
Neoisolationist's picture

I don't see this sort of legislation (to seize 401K/IRA) making it through the US House of Representatives, even under dire circumstances. I can only see this as coming from an Executive Order. Anyone disagree?

Fri, 03/25/2011 - 07:43 | 1098776 BigJim
BigJim's picture

I don't even see it as necessary, when they can just diminish the relative value of everyone's pension pot through massive (and under-reported) monetary inflation. They're already doing that now, and congress can't/won't do anything about it until the sheep wake up and vote in representatives who will end the Fed.

Which is why educating the masses on this subject is so important.

Thu, 03/24/2011 - 23:48 | 1098325 Chuck Walla
Chuck Walla's picture

And now the real purpose of "Health Care Reform" is revealed. Just a vehicle for the Fabian Eugenicists.  Kill the useless, except the elite, of course.

Fri, 03/25/2011 - 01:00 | 1098491 Calculated_Risk
Calculated_Risk's picture

Patriot Bonds, for godsakes think of the children!!!!!!

Thu, 03/24/2011 - 22:26 | 1098040 cranky-old-geezer
cranky-old-geezer's picture

The uberclass will not be so crude as to forcibly confiscate anything.

What part of "exchanged (against your will) for government guaranteed annuity" do you not understand?

Thu, 03/24/2011 - 22:33 | 1098067 markmotive
markmotive's picture

A ponzi scheme building upon another ponzi scheme.

The EU kicked the can down the road a year ago...now we're at the end of the road.

http://www.planbeconomics.com/2010/12/13/european-financial-stability-fa...

Thu, 03/24/2011 - 22:49 | 1098134 NoClueSneaker
NoClueSneaker's picture

Ben bernake will be delited that his most succesfull german franchiser Peer Steinbrück again on the board. No probs withs burning everything down to the ground. RMB soon :-P Ehm, DOW 42.000 ?

Thu, 03/24/2011 - 20:17 | 1097607 Dr. Porkchop
Dr. Porkchop's picture

Just like Goodfellas. When you can't squeeze another dime out of the joint, you blow it out.

Thu, 03/24/2011 - 21:35 | 1097838 centerline
centerline's picture

FRN's = explosives.  Party on.  BB needs alot more still.  Nothing worse than blowing the joint with too few explosives and have wounded people rolling around whining.  Got to kill em all.  Lots and lots of explosives needed.  Never enough really.

Thu, 03/24/2011 - 20:34 | 1097655 Calmyourself
Calmyourself's picture

Ha, thats good, burn it down for the insurance money. 

First executive order 36544521 will be issued:  All insurance settlements paid to the Federal Government will be paid in .999 fine gold, fixed it.

Thu, 03/24/2011 - 22:08 | 1097972 samsara
samsara's picture

"After all why keep up the facade after all the wealth is sucked out of the US"

 

"The illusion of freedom [in America ] will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater." ~Frank Zappa

 

 

Fri, 03/25/2011 - 01:54 | 1098565 Its the Vatican...
Its the Vatican Stupid's picture

Who (in their right fucking mind) would <junk> Frank Fucking Zappa?!?

 

Jesus Christ we're fucked...

Fri, 03/25/2011 - 07:46 | 1098780 BigJim
BigJim's picture

Even Zappa's instrumentals upset the sheep.

Thu, 03/24/2011 - 20:35 | 1097667 lynnybee
lynnybee's picture

S.O.B. BANKERS !   when the hell do we riot !   damn gangsters/banksters have done enough ruination & damage since 1913 ~~ it's time to take them on !  take them out !   I'M NOT TOLERATING THIS ANYMORE !   If I have to stand on the sidewalk by myself with my own protest sign & covered in a sandwich board, I'm doing it !    Extricate yourselves from the system & make yourself as small as possible, second-hand goods all the way, & GET RIGHT WITH GOD & FAMILY !  

Thu, 03/24/2011 - 20:56 | 1097727 takinthehighway
takinthehighway's picture

Easy, honey...

 

Your last sentence gives excellent advice, but please, maintain a low profile for now. Our turn at bat is coming...

Thu, 03/24/2011 - 21:32 | 1097827 j0nx
j0nx's picture

^---this

Fri, 03/25/2011 - 10:33 | 1099375 Trillax
Trillax's picture

Agreed. I'm just surprised at how fast the momentum keeps building -- 'an object in motion..' and all that, but the speed is increasing.

Thu, 03/24/2011 - 21:32 | 1097828 PenchantForHoarding
PenchantForHoarding's picture

It's getting late... perhaps a non-caffeinated beverage would be best...

Thu, 03/24/2011 - 22:06 | 1097965 samsara
samsara's picture

Lynne

Pace and Peace.

Calm your heart.  The game has been going on for a while. We are in the last quarter and the 2:00 warning has rang.

Live your last statement.  If that guy who burned himself up in Tunisia did it last year or two years ago, nothing would have happened and it would have been a waste.

For everything there is a season.  Don't be a statistic.  And don't have an ulcer.  It would only make them laugh.

KARMA babe.

 

Thu, 03/24/2011 - 22:30 | 1098060 cranky-old-geezer
cranky-old-geezer's picture

I'M NOT TOLERATING THIS ANYMORE !

Aw STFU, of course you'll tolerate it, not a fucking thing you can do about it.

Fri, 03/25/2011 - 01:45 | 1098555 hambone
hambone's picture

Shut the fuck up - the worm is turning.  Don't know when but soon critical mass will spring and all those like Lynnebee will be ready...just as they were in MENA.

Be ready and receptive rather than a roadblock.

Fri, 03/25/2011 - 02:27 | 1098593 Malachi Constant
Malachi Constant's picture

Don't know when but soon critical mass will spring

Ah, my thoughts, exactly. I am now wondering, what can propel the plot when everyone with a brain is sitting and trying to be as inconspicious as possible? What will be the signal, if no one with a brain is making the first step? Pulp Fiction toaster, anyone: http://www.youtube.com/watch?v=_GfJSxMr5TU.

Fri, 03/25/2011 - 03:13 | 1098624 Escapeclaws
Escapeclaws's picture

There are those who claim that MENA rebellions were engineered by the CIA. Do you think the CIA is planning the same thing for the US?

Fri, 03/25/2011 - 07:51 | 1098788 BigJim
BigJim's picture

The CIA are just a (-nother) paramilitary wing of the bankster cabal.

The sad thing is, I doubt even 1% of the CIA realise their function in the broader scheme of things. They're just 'keeping America safe'.

Thu, 03/24/2011 - 23:59 | 1098351 pointer
pointer's picture

Rioting - eh, maybe it will work in the USA - but not quite yet.  Standing outside with a sign shows your passion, but I don't think it's really effective.  If you want to get even - get even with the media and news channels & newspapers that lie to everone every day.

The most frustrating part is you can't really see or pinpoint the enemy you're wanting to fight.  It's everywhere.  You need their money to buy things you need - no other way around it - yet.

The time will come - just start preparing NOW.  Just be happy you're smart enough to see what's really going on.

My father is in utter shock at how much his retirement (valued in real estate) has gone down.  He used to tell me 5 years ago I should read 3 newspapers a day (I always told him the Mark Twain quote "If you don't read the newspaper, you're uninformed. If you read the newspaper, you're mis-informed.") - he always watches the news - I have never had cable TV hooked up - only internet- he didn't listen to me when silver was $15/oz to buy it (with his Glenn Beck radio playing in the background)..."it's just a cycle - we'll get through it!"  How many of you have heard that before?  Just the other day he said he's expecting Gold to crash - apparently he still hasn't learned - sounds like he's been listening to Jim Cramer.  What can ya do?  Don't give up

Fri, 03/25/2011 - 03:46 | 1098641 TerraHertz
TerraHertz's picture

"The most frustrating part is you can't really see or pinpoint the enemy you're wanting to fight."

Your dog isn't pointing very well there.

Get yourself a copy of 'Who's who of the Elite'.

http://www.amazon.com/Whos-Who-Elite-Bilderbergs-Trilateral/dp/0964988801

http://www.abebooks.com/servlet/SearchResults?sts=t&tn=who%27s+who+of+th...

Got targets?

I have the same problem with my mum - retired, her entire savings in shares of an Australian bank. Watches TV all the time, won't hear a word on topics we know here.

Fri, 03/25/2011 - 04:10 | 1098659 monkeys.pick.bottoms
monkeys.pick.bottoms's picture

"The most frustrating part is you can't really see or pinpoint the enemy you're wanting to fight."

 

Perceptive comments! If Dimon controls Obama, who controls Dimon? What if, hypothetically, we've been invited to take part in a civil war among puppeteers? I have no illusions that I will ever know who owns me, my life and my future.

Fri, 03/25/2011 - 11:13 | 1099576 pale writer
pale writer's picture

Squeeze the criminal sock-puppets...work through the most cowardly minions until one gives up its puppeteer "upline." 

A little imagination and elbow grease ought to yield the desired info...

Fri, 03/25/2011 - 00:23 | 1098412 TruthInSunshine
TruthInSunshine's picture

gwar5 said: Yep, the next "crises" will mean they'll try to confiscate private pensions. 

It will be for our protection from the evil Wall Street capitalists. When the market crashes people will get the rest of their 401Ks wiped out. They'll be so discouraged they'll give up. 


“But there’s a reason. There’s a reason. There’s a reason for this, there’s a reason education SUCKS, and it’s the same reason it will never … ever … EVER be fixed. It’s never going to get any better, don’t look for it, be happy with what you’ve got. … … … BECAUSE … THE OWNERS, OF THIS COUNTRY, DON’T WANT THAT! … … I’m talking about the real owners now … … … … … the BIG owners! … … … The Wealthy … … … … … the REAL owners! … The big wealthy business interests that control things … and make all the important decisions. … … … … Forget the politicians. They are irelevant. … … The politicians are put there to give you the idea that you have freedom of choice . . . … you dont. You have no choice! You have OWNERS! They OWN YOU. They own everything. They own all the important land. … They own and control the corporations. They’ve long since bought, and paid for the Senate, the Congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies, so they control just about all of the news and information you get to hear. … They got you by the balls. … … They spend billions of dollars every year lobbying … . . . lobbying, … to get what they want . . . … Well, we know what they want. They want more for themselves and less for everybody else, but Ill tell you what they don’t want . . . they don’t want a population of citizens capable of critical thinking. … … They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that . . . that doesn’t help them. Thats against their interests. Thats right. … … They don’t want people who are smart enough to sit around a kitchen table and think about how badly they’re getting FUCKED by a system that threw them overboard 30 FUCKING years ago. … … They don’t want that! You know what they want? They want obedient workers . . . Obedient workers, people who are just smart enough to run the machines and do the paperwork. … And just dumb enough to passively accept all these increasingly shitty jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it, and now they’re coming for your … Social Security money. … … … They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? … … … They’ll get it . . . they’ll get it all from you sooner or later cause they own this FUCKING place! Its a big club, and you ain’t in it! … … … … You, and I, are not in The big club. By the way, its the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head with their media telling you what to believe, what to think and what to buy. The table has tilted folks. The game is rigged and nobody seems to notice. Nobody seems to care! Good honest hard-working people . . . white collar, blue collar it doesn’t matter what color shirt you have on. Good honest hard-working people continue, these are people of modest means . . . continue to elect these rich COOK SUCKERS who don’t give a FUCK about you. They don’t give a FUCK about you . . . … they don’t give a FUCK about you. …. …. They don’t care about you at all . . . at all . . . at all, and nobody seems to notice. Nobody seems to care. Thats what the owners count on. The fact that Americans will probably remain willfully ignorant of the big red, white and blue dick thats being jammed up their assholes everyday, because the owners of this country know the truth. Its called the American Dream, … cause you have to be asleep to believe it...”

-- George Carlin

Fri, 03/25/2011 - 01:47 | 1098558 obelisks
obelisks's picture

but then as Gerald Celente says  “When People Lose Everything, They Have Nothing Left To Lose, And They Lose It”” ...

Fri, 03/25/2011 - 02:28 | 1098595 Malachi Constant
Malachi Constant's picture

People in the US are still under the impression that they have a lot to lose.

Fri, 03/25/2011 - 05:18 | 1098687 macholatte
macholatte's picture

Bingo!

Give that man from Titan a cigar and get his dog a biscuit before he vanishes.

Fri, 03/25/2011 - 06:35 | 1098725 Snidley Whipsnae
Snidley Whipsnae's picture

Exactly right MC... Because they have not been to Europe and seen for themselves what the 'middle class' of Europe is.

Too many Americans believe they live in the 'middle class' when the reality is that the Europeans consider most Americans to be in poverty... which they are when compared to middle class Europeans.

The use of mass media by the Nazi regime showed all the world how powerful a tool it was. The use of mass media has been refined and extended by all regimes that followed.

Americans don't know what is happening to them. The follow the bread and circus and are blissfully unaware of what is being done to them. Zappa was right.

Fri, 03/25/2011 - 11:30 | 1099660 pale writer
pale writer's picture

And it's not "merely" property (and only allodial ownership truly matters) at risk.  Life and Liberty are under direct attack by the psychopathic vampire class.  All that honest people value is now gravely threatened by this historical wealth and property transfer operation in progress. 

We have less to lose each and every day we continue to allow ourselves to be parasitized and pushed around by the criminal overclass.

Thu, 03/24/2011 - 20:08 | 1097577 THE DORK OF CORK
THE DORK OF CORK's picture

Its building.....

Surprisingly good programme from the Irish state broadcaster

Click watch the show below the title.

www.rte.ie/news/primetime/

 

The intro is convential but the discussion is solid - Constentin Gurdeiv is a excellent analyser of the irish economic environment and is always worth a listen.

Our monstrous trade surplus is a indicator of something really banjaxed in our domestic economy.

Fri, 03/25/2011 - 01:02 | 1098495 Tapeworm
Tapeworm's picture

Thanks Dork.

 I cannot fathom how the Irish ripoff for the banks hasn't forced revolution.

 JUST SAY NO!

Fri, 03/25/2011 - 01:24 | 1098525 Doña K
Doña K's picture

Hey Dork, is that you? Dave O'S.......?

Thu, 03/24/2011 - 23:20 | 1098241 TimmyM
TimmyM's picture

The only threat to the international monetary system is the IMF. There is no such thing as a "funding crises". There is only a market determined debt limit. Once a borrower reaches it, haircuts and liquidations are in order. Any other solution will destroy the system in a cesspool of crony back room destruction of a currency and a country. Deny market discipline and you turn a solvable challenge into a crises. This is what happens when bankers take over governance. Borrowers must learn not to reach the market limit. This is made difficult when debt is a growth policy tool instead of a naturally determined type of capital. We must get over this government sponsored debt resolution mindset.

Fri, 03/25/2011 - 00:53 | 1098476 ArkansasAngie
ArkansasAngie's picture

"... debt is a growth policy tool instead of a naturally determined type of capital."

Spot on.

They've been creating a bubble in credit.

I viewed the Startup American entrepreneur webinar today. Net, net, net ... billions to banksters and a training video to Main Street and permission to ask the SBA for a loan.

They have no idea who or what Main Street is or does ... much less how to help.

 

Fri, 03/25/2011 - 08:40 | 1098931 BigJim
BigJim's picture

Well said.

Fri, 03/25/2011 - 00:21 | 1098393 Michael
Michael's picture

Every international bankster cartel member must be taken into custody and summarily executed, preferably shot in the head as to not waste ammo on body armor, by morning if we are going to save humanity. Just who the fuck do those people think they are?

Fri, 03/25/2011 - 03:27 | 1098633 Escapeclaws
Escapeclaws's picture

What a clown you can be. Why don't you get serious instead of blowing off steam.

Fri, 03/25/2011 - 05:41 | 1098694 Michael
Michael's picture

They act without impunity or regard for anyone else on the whole fucking planet except for those in their own friends network. They could care fucking less about the common folks who have to bear the burden of incessant inflation they create with their decisions. Fuck them and the horse they rode in on. Kill the fucking lot of them.

Fri, 03/25/2011 - 09:35 | 1098970 BigJim
BigJim's picture

Sorry Michael, that would be completely pointless.

Because the sheep would carrry on supporting the system that would allow their replacements to carry on doing exactly what they're doing now.

Once enough sheep understand what's happening to them, no executions will be necessary because people will just vote in representatives who will end the Fed. But until we reach critical mass in awareness, anything you do will be construed as an attack on them, the sheep.

The Matrix had it about right in this regard.

Furthermore, I think your 'wild' talk puts the uninformed sheep off, and is thus counter-productive. Much as I understand your rage, I think it would be better to tone down the rhetoric, and just promulgate the facts to as many people as you can. Once a few seeds of doubt are planted, they can and will go off and do the research necessary. But if the messenger is a wild-eyed revolutionary, the seeds will never get planted in the first place because they'll dismiss them as the ravings of a nut.

Fri, 03/25/2011 - 09:05 | 1099011 Another Texan
Another Texan's picture

Since some posters here seem to be wise to the intentions of the ruling class, why dont you operate within the confines of these rules to create a bigger footing for yourself to initaite change.  At some point the bitching has got to stop and YOUR action has got to take center stage.

Fri, 03/25/2011 - 03:56 | 1098653 TerraHertz
TerraHertz's picture

But but but... we can't just shoot them, there are questions we want answered!

Interrogation first, *then* shoot them.

Fri, 03/25/2011 - 11:38 | 1099712 JR
JR's picture

God forbid we should ever be twenty years without such a rebellion.
The people cannot be all, and always, well informed. The part which is
wrong will be discontented, in proportion to the importance of the facts
they misconceive. If they remain quiet under such misconceptions,
it is lethargy, the forerunner of death to the public liberty. ...
And what country can preserve its liberties, if its rulers are not
warned from time to time, that this people preserve the spirit of
resistance? Let them take arms. The remedy is to set them right as
to the facts, pardon and pacify them. What signify a few lives lost
in a century or two? The tree of liberty must be refreshed from
time to time, with the blood of patriots and tyrants.
It is its natural manure." – Thomas Jefferson (1743-1826), U.S. Founding Father, drafted the Declaration of Independence, 3rd US President

Thu, 03/24/2011 - 19:26 | 1097411 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Not content with enslaving you, your children and your grandchildren in debt, they are now going after your great grandchildren and their children.

If you ever wondered how a handful of people can control the people of the world and buy up your hard earned assets using money printed out of fresh air backed by nothing, well, you're living it now.

Get ready for your microchip in the arm, there is no stopping them now. They have had confirmation over the past couple of years that the masses are docile and apathetic and will take anything thrown at them lying down and rolling over.

Human race = beyond pathetic, by any measurement.

Thu, 03/24/2011 - 19:42 | 1097479 D.M.
D.M.'s picture

And wtf are you doing to stop the "handful of people"? Im only asking because apparently your the only human being who isn't "beyond pathetic"

Thu, 03/24/2011 - 19:47 | 1097492 werealldoomed
werealldoomed's picture

I'm sure that when he says "human race" he is including himself.

Thu, 03/24/2011 - 19:51 | 1097511 SilverIsKing
SilverIsKing's picture

I highly doubt that.  If you look carefully, you'll notice that he's not human.  He's a monkeyboy.

Thu, 03/24/2011 - 19:59 | 1097533 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

I come from the future, a planet of apes mainly, to warn you of the impending doom facing you and your species. In our time we sacrifice any remaining humans that resemble the one you call 'The Bernank' as a reminder that 'jew confetti' scams will not be tolerated in a civilized society such as ours.

Thu, 03/24/2011 - 20:19 | 1097617 tunaman4u2
tunaman4u2's picture

As long as these apes play the bass with the SL900 right? HA!

Thu, 03/24/2011 - 20:35 | 1097659 zaknick
zaknick's picture

I wouldn't say the whole human race because their scam is not widely known (since they own the media).
No, I would say the Amerikan people are pathetic because Jersey Shore is more important than little things like freedom and democracy. In fact, I would dare say that the obese Amerikan people will only get off their asses when it's way too late as Amerika sinks into one last full frontal fascist spasm triggered by the plentiful ignorance, inferiority and it's attendant superiority complexes of the hated white trash redneck drug warrior.

I'd say you bitches are doomed!

Thu, 03/24/2011 - 21:41 | 1097859 Oh regional Indian
Oh regional Indian's picture

Mon key and Zak Zak, I have to agree.

The collective is dumb, a hive mind that just obeys the Queen.

All hail the queen. The queen is dead, long live the queen.

ORI

http://aadivaahan.wordpress.com/2011/03/24/lets-start-from-the-very-beginning-a-very-good/

Thu, 03/24/2011 - 23:03 | 1098181 WonderDawg
WonderDawg's picture

In the immortal words of Dwight, from The Office, "If I'm dead, all of you will have been dead for weeks".

Fri, 03/25/2011 - 03:32 | 1098635 Escapeclaws
Escapeclaws's picture

I guess this string of clichés is what passes for thought.

Fri, 03/25/2011 - 03:42 | 1098642 Creed
Creed's picture

America hating morons will make good dog chow for the redneck drug warriors mutant pit bulls.

Fri, 03/25/2011 - 10:06 | 1099243 Another Texan
Another Texan's picture

I would say most of these comments seem like they come from a bulled teenager, rather than somebody who is doing something about the problem.  That said, i do somewhat agree that the apathetic public is a problem.

Thu, 03/24/2011 - 23:01 | 1098177 NoClueSneaker
NoClueSneaker's picture

" Soylent green is made of sheeple" -

correct?

Fri, 03/25/2011 - 02:29 | 1098594 Dr. Thorndike
Dr. Thorndike's picture

"I follow Vernon"

Thu, 03/24/2011 - 19:46 | 1097489 66Sexy
66Sexy's picture

forget the human race. the force "they" cannot handle is a true free market.

the true free market rears its head occasionally, when "the PPT" is not looking... you know, those days when silver, gold, oil rally HARD, and the DOW tanks.. that is the real market...

that means there is an underlying awareness... and "they" wont get away with their plans. the market will smile in their faces, then plunge a dagger in "their" back.

Fri, 03/25/2011 - 03:37 | 1098639 Escapeclaws
Escapeclaws's picture

Spoken like a true man of faith! Remember, the hand is invisible, so you need faith to "see" it.

Thu, 03/24/2011 - 19:53 | 1097522 yabyum
yabyum's picture

Funky Boy, Stay calm take your ativan or other benzo now. They will not take your 401k pension et. al. The radiation will kill us first!

Thu, 03/24/2011 - 19:58 | 1097534 B9K9
B9K9's picture

Actually, the docile sheep have been bred, cultivated & manipulated for eons. I mean, it's why they're sheep, no?

In terms of competitive advantage, there simply isn't any substitute for IQ matched with clan allegiance. The chosen could hardly give a shit that a few outliers are onto their game. Sure, out of any population there certainly will be anomalies. Well, guess what? We're the anomalies - the rare mulitple std deviations above the mean who, concurrently, lack their multi-generational network resources.

My advice for some time now is to shadow trail the power-elite. They will never let you in on their game, but you can most definitely follow what they are doing. Forget rallying the sheep; in fact, forget everything you were taught about self-governance.

Rather, focus on trying to provide leadership when this mofu comes crashing down. Our watchword should be "never forget".

Thu, 03/24/2011 - 20:09 | 1097573 Shameful
Shameful's picture

If what you say is true, then won't they ride the collapse down since they must see the storm brewing?  Won't they be the ones writing the history books as in the past?  Now if you mean keeping the knowledge alive and passing a personal oral/written history down, then yeah I agree.

Thu, 03/24/2011 - 20:29 | 1097645 High Plains Drifter
High Plains Drifter's picture

they have tribal useful idiots as well. there are only so many seats on the last train out of town. somebody won't be going . what are the criteria for having a seat?  i leave that to your fertile imagination. another words , for the good of the upper initates in the pyramid of power, certain individuals and groups, even though friendly, must be sacrificed for the good of the whole.  they have done it many times before and they will do it again. to understand the hive consciousness, one must study and have due diligence.

Thu, 03/24/2011 - 20:36 | 1097670 Shameful
Shameful's picture

This is not "The End" though.  Economic collapse is relatively tame for those who are prepared.  Pretty sure that their redoubts and strongholds are quite mighty and well supplied.  Sure a lot of underlings get crushed.  Survival of the fittest.  If the underlings didn't catch on or climb up, then they deserve their fate in that system.

I was mainly suggesting that if a group has been on top for a while.  Engineered this system and then sees the collapse, it's a little odd to think that they would not at least try to ride the beast to earth and run the show post economic collapse as well.  I have no doubt there have been such rises and falls in history, probably very very far back.

Thu, 03/24/2011 - 20:49 | 1097702 High Plains Drifter
High Plains Drifter's picture

its like george carlin said.

 

its a big club and we are not in it.

Thu, 03/24/2011 - 21:36 | 1097840 samsara
samsara's picture

If you are the pilot and know you are running out of fuel, it's not a matter of IF the plane's going down, just where.

Then what is Job One?

To make sure it goes down with the Best Chance of Survival for YOURSELF.

It will crash when they want it to crash. 

What do you think all those mini Bot crashes were?

They were testing out different components of the system. Under different situations.

ALLLLLL the Bots will have an Instant Crash when THEY want it to happen and NOBODY but them will have sold out first.

Everybody else will get,   No Response,  System Busy.

Thu, 03/24/2011 - 21:52 | 1097887 Oh regional Indian
Oh regional Indian's picture

Spot on Samsara. To try and  time this market is really not wise.

It pays to think about who controls the music and the chair count. Heck, even the entry gate and the parcel in passing the parcel.

You might end up holding the parcel, have a minute's euphoria and have it blow up in yoru face.

ORI

Thu, 03/24/2011 - 21:28 | 1097812 samsara
samsara's picture

"The truth is useless. You have to understand this right now. You can't deposit the truth in a bank. You can't buy groceries with the truth. You can't pay rent with the truth. The truth is a useless commodity that will hang around your neck like an albatross -- all the way to the homeless shelter. And if you think that the million or so people in this country that are really interested in the truth about their government can support people who would tell them the truth, you got another think coming. Because the million or so people in this country that are truly interested in the truth don't have any money."

Jeb Bush

 

Thu, 03/24/2011 - 22:31 | 1098065 CD
CD's picture

Nice one. Do you happen to know where/when/to whom it was said?

Thu, 03/24/2011 - 22:41 | 1098092 samsara
samsara's picture

As Jeb Bush once told retired Naval Intelligence Officer Al Martin (cited in Bushwhacked, Sept. 2002, by Uri Dowbenko)...

Thu, 03/24/2011 - 20:01 | 1097551 Calmyourself
Calmyourself's picture

But prepare yourself, the collapse is coming.. The Central bankers andthe bond vigilantes will realize the ponzi now and then we are all in a world of hurt. Sarc

The entire financial world is a ponzi, wrapped in a lie, backed by lying liers you know it, they know it but as long as the masses anesthetized with bread and circuses don't get it, the grind will continue.

Fri, 03/25/2011 - 00:17 | 1098389 Hook Line and S...
Hook Line and Sphincter's picture

Wouldn't the goal be then, to lie instead tell the truth? I like that. Let's keep the grind going. Get off your asses and tell those you tried to tell the truth to that you lied! I did. It made me feel good. Outright denial of my prior words. 

</sar-gasm>

Thu, 03/24/2011 - 20:12 | 1097586 baby_BLYTHE
baby_BLYTHE's picture

Human Race= Pathetic?

RIGHT ON!

Best post of the day.

Before class/work everyday, this:

http://www.youtube.com/watch?v=BwVap8x64As

Thu, 03/24/2011 - 21:22 | 1097799 Abitdodgie
Abitdodgie's picture

As you get older and understand more, you become more and more ashamed to be part of a race called Humans

Thu, 03/24/2011 - 22:12 | 1097994 Ahmeexnal
Ahmeexnal's picture

You should have renounced to humanity back when you had a chance.

 

Thu, 03/24/2011 - 22:42 | 1098095 baby_BLYTHE
baby_BLYTHE's picture

talking to me? Pipe up already!

Thu, 03/24/2011 - 23:08 | 1098202 NoClueSneaker
NoClueSneaker's picture

I've been ashamed in the age of 5 ... so what? No one cares ... But, there is a bargain:

I'm giving the rest of my life ( statistic estimated 20 yrs. ) for 2 weeks hollydays in the seventies ... :-P 

 

 

Fri, 03/25/2011 - 00:18 | 1098400 Antarctico
Antarctico's picture

Before class/work everyday, this:

The Acacia Strain?  Too much fat guy screaming into a mic for my tastes.  Since you like it hard and angry while you are tilting at the system, let me suggest this old family chestnut:

http://www.youtube.com/watch?v=5fXo3lnxeE8

Sat, 03/26/2011 - 00:12 | 1102188 baby_BLYTHE
baby_BLYTHE's picture

I am a big Ministry fan! Great link

Thu, 03/24/2011 - 20:12 | 1097589 morkov
morkov's picture

maybe "they" will get your money 'cause you manufactured shit for the past 20-ish years...

Thu, 03/24/2011 - 20:24 | 1097632 OMG
OMG's picture

Agree I have heard a million times but......"This may be IT"

 

We're Done they've won...

Thu, 03/24/2011 - 20:25 | 1097633 High Plains Drifter
High Plains Drifter's picture

Looks like they are positioning for a world currency of some sort. No chip for me and no national ID card for me either. Lines in the sand. If you notice they always ask you, well what are you doing about it, like you can do anything about it. Lone wolves are easy prey. there must be organized and heavily supported resistance to this kind of stuff, which on the horizon I really don't see any time soon.

Thu, 03/24/2011 - 20:40 | 1097681 Shameful
Shameful's picture

How long would it take to infiltrate a group?  With the power and resources that could be dedicated to such a task I daresay not long.  The mass man has always been asleep to the world.  As individuals we can see, and not get sucked into the herd mentality.

You must have observed the war against the individual.  The drive for group think, and consensus, playing well with others.  If there is no individual there is only the herd, and the herd can always be steered.

Thu, 03/24/2011 - 20:52 | 1097713 High Plains Drifter
High Plains Drifter's picture

one of the big problems we have here is the total collapse of our society brought on by open door immigration policies, and its been this way, really bad since 1965 and the immigration act of that year brought to us by Representative Emanuel Cellers and Senator Jacob Javits. Now we have many racial groups here, all pushing and pulling in various directions and influenced by their own collective motives and desires and needs.

Thu, 03/24/2011 - 21:10 | 1097771 bob_dabolina
bob_dabolina's picture

Immigration & reckless monetary policy is the key to success.

-Roman Empire

Thu, 03/24/2011 - 21:26 | 1097806 Shameful
Shameful's picture

I would lay more blame at the feet of the culture industry. Again look at the massive culture change over the past few generations in the US. This would have happened without any immigration. Though with more herds in the field it's easier to create friction among them and keep eyes off the big players. Don't think immigration would be a problem at all if there was not the freebie net, and one way or another that net will get sheered to pieces in the coming years.

Thu, 03/24/2011 - 21:39 | 1097856 High Plains Drifter
High Plains Drifter's picture

Lady Gaga? 

Thu, 03/24/2011 - 21:50 | 1097880 Shameful
Shameful's picture

Plasticized dead bodies in the show.  Meat dress.  Lovers of death?  Would that have flown 30-40-50 years ago?  Culture itself is malleable and can be molded and shaped.  Not surprising, as humans we look up and follow the stars.  Very much a monkey see, monkey do. As a young person I stand in amazement in the world I see around me.  A stranger in a strange land.

But this is somewhat standard in empire collapse, to have cultural rot and decay set in along side it.  Nothing new under the sun.  Perhaps the voilence put forth in culture is to get us ready to accept mass death, this is the century of change.

Thu, 03/24/2011 - 22:04 | 1097942 Oh regional Indian
Oh regional Indian's picture

Shameful, that is a very astute observation. Culture is the womb we live in, and a rather nasty, skanky womb it has become.

I call her Mother Culture, Siren Singer:

http://aadivaahan.wordpress.com/2010/06/14/70/

Interestingly, Bangalore is having it's second Thrash and Death Metal Festival this weekend, to be heavily attended.

ORI

 

Thu, 03/24/2011 - 22:22 | 1098023 High Plains Drifter
High Plains Drifter's picture

http://www.guardian.co.uk/world/2011/mar/23/us-soldier-admits-killing-af...

US soldiers killing for sport. Speaking of culture, what culture produced these specimens?

Thu, 03/24/2011 - 22:27 | 1098046 Oh regional Indian
Oh regional Indian's picture

Really sad commentary on where we are as a collective.

ORI

Fri, 03/25/2011 - 00:02 | 1098354 Hdawg
Hdawg's picture

When we are forced to acknowledge which apartheid race did this to the rest of humanity it will be over.

Karma.

Fri, 03/25/2011 - 03:24 | 1098614 James
James's picture

.

Thu, 03/24/2011 - 23:50 | 1098334 captain_menace
captain_menace's picture

I'm not convinced that this is new at all.

Wasn't too long ago that white folk got away with killing black folk (or Native Americans) here in America... for sport.  Not picking on white folk, I be one.

I'd be interested in hearing about any wartime environment that didn't have instances of soldiers killing other humans indiscriminately... war is hell.

Fri, 03/25/2011 - 00:13 | 1098383 Oh regional Indian
Oh regional Indian's picture

War is Hell. About sums it up.

ORI

Fri, 03/25/2011 - 03:57 | 1098654 Creed
Creed's picture

WTF.

American Indians butchered their own with RELISH long before ol whitey came to town. LOVED torture, LOVED killing.

Blacks, give me a break. Who owned black slaves first, black people or white people? (think hard) Who treated blacks like posessions and killed them for sport first, white or black? BLACK PEOPLE KILL WHITE PEOPLE FOR SPORT TODAY.

Get a grip.

Fri, 03/25/2011 - 23:00 | 1102078 Calmyourself
Calmyourself's picture

Went to a 5th garde class pageant with the poor indians shuffling aorund o n the trail of tears..  Wanted to stand up and yell they were killers just as we are we are just better at it..  Strong culture eats weak culture, way of the world always has been since NeanderthaL / CRO -MAGNON

Fri, 03/25/2011 - 21:27 | 1101882 US Uncut
US Uncut's picture

Honey, been going on a LOOONG time. Wow! News flash! THis country was built on killing for sport. Indian scalp bounty.... sounds kinda gamey to me.

Fri, 03/25/2011 - 00:48 | 1098465 Dantzler
Dantzler's picture

"Plasticized dead bodies in the show"

The "Bodies" exhibit is truly fascinating. You get to experience it as you wish, alone. All the while knowing each body is a reflection of yourself that you would not otherwise have the opportunity to absorb. Biology is an exquisite beauty.

That said, life is truly surreal and "interesting" lately...

Thu, 03/24/2011 - 23:32 | 1098289 erumisato
erumisato's picture

Shameful--you sound like you may be familiar with Alan Watt? He often talks about the culture creation industry. It's manipulations have been going on since ancient Greece at least.

 

http://www.youtube.com/watch?v=ca0fYavkBgI

Fri, 03/25/2011 - 00:04 | 1098357 Strike Back
Strike Back's picture

Right, because its immigrants that run the central banks.  If the immigrants just left there would be no fucking problem.

Dumbass.

Fri, 03/25/2011 - 07:10 | 1098736 Snidley Whipsnae
Snidley Whipsnae's picture

High Plains Drifter... You are playing the game that they want you to play. Point fingers at other individuals or groups and decry 'It's All Their Fault!'.

If that were true how do you explain the group think in Japan, Soviet Union, and other 'closed' societies, leading to horrific catatrophies?

Our problems didn't start with immigrants. It started with the Fed, in 1913. We are a culture of immigrants. Where did your family come from?

Thu, 03/24/2011 - 23:31 | 1098187 i-dog
i-dog's picture

+1 (a voice of support, Shameful, to counteract your junking)

The American herd has had 200 years, 100 congressional elections and 50 presidents (give or take) to attempt a statist solution. Massive fail, but they still think: "next time it will be different ... change we can believe in ... read his lips: no new taxes", etc, etc. Boring!!!

Only 300 million individuals can solve this mess ... and it looks like we are 299,999,998 short!

Fri, 03/25/2011 - 03:21 | 1098621 James
James's picture

.

Thu, 03/24/2011 - 20:56 | 1097730 SheepDog-One
SheepDog-One's picture

Funky its a damn shame! And a lot of these uber-brilliant Zerohedge minds are just slightly higher level monkeys than the avg american talking monkey, marveling at their captors, pontificating on how theyll screw us tomorrow and throwing some occasional poop.

Fri, 03/25/2011 - 00:20 | 1098405 Hook Line and S...
Hook Line and Sphincter's picture

Sheep dog one, I would never want to step in your number two.

Thu, 03/24/2011 - 19:26 | 1097412 cossack55
cossack55's picture

On behalf of the taxpayers, I will accept your condolences and raise you 2.7 trillion Euros.

Thu, 03/24/2011 - 19:28 | 1097429 FullFaithAndCretin
FullFaithAndCretin's picture

Who are you calling a taxpayer

Thu, 03/24/2011 - 19:50 | 1097504 66Sexy
66Sexy's picture

seriously. that is a fuckin insult nowadays...

Thu, 03/24/2011 - 23:08 | 1098197 i-dog
i-dog's picture

+1

LOL!! Quote of the day.

Thu, 03/24/2011 - 23:54 | 1098346 knukles
knukles's picture

Well of course.... Nobody whose anybody pays any taxes anymore, dahling.
Let me introduce you to my new friend, Timmah...

Thu, 03/24/2011 - 19:26 | 1097414 mogul rider
mogul rider's picture

billions trillions quadrillons, smillions,

toilet paper is still toilet paper

Thu, 03/24/2011 - 19:32 | 1097437 bob_dabolina
bob_dabolina's picture

What comes after a brazilian?

-Obama

Thu, 03/24/2011 - 20:16 | 1097609 Filthy Rotter
Filthy Rotter's picture

The rash.

-Clinton

Thu, 03/24/2011 - 21:07 | 1097761 bob_dabolina
bob_dabolina's picture

The dry cleaner

-Monica

Thu, 03/24/2011 - 19:26 | 1097417 mogul rider
mogul rider's picture

back, back, back,  back up the freight train

Thu, 03/24/2011 - 19:28 | 1097419 SolidSnake961
SolidSnake961's picture

might as well bring everyone down with us!!!!!

Thu, 03/24/2011 - 19:28 | 1097425 NotApplicable
NotApplicable's picture

Hasn't the "IMF will save the world since the Fed can't" meme been obvious from the start?

How else can Ben run QE to infinity once it's obvious to everyone that the dollar has become a black-hole? He needs "international support" in order to make the Ponzi a little less obvious to the herd.

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