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"It's Transitory"
From Mike Krieger of Kam LP
"It's Transitory"
If you don’t become an actor, you’ll never be a factor
Pills with million side effects, take em when the pain’s felt
Wash them down with diet soda, killing off your brain cells
Crooked banks around the world, would gladly give a loan today
So if you ever miss a payment, they can take your home away
It’s so loud inside my head with words that I should have said
As I drown in my regrets I can’t take back the words I never said
I think that all the silence is worse than all the violence
Fear is such a weak emotion that’s why I despise it
We scared of almost everything, afraid to even tell the truth
So scared of what you think of me, I’m scared of even telling you
Sometimes I’m like the only person I feel safe to tell it to
I’m locked inside a cell in me, I know there’s a jail in you
Consider this your bailing out, so take a breath inhale a few
My screams are finally getting free, my thoughts are finally yelling through
- Lupe Fiasco, “Words I Never Said” (see music video here http://www.youtube.com/watch?v=22l1sf5JZD0)
All this was inspired by the principle--which is quite true within itself--that in the big lie there is always a certain force of credibility; because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie, since they themselves often tell small lies in little matters but would be ashamed to resort to large-scale falsehoods. It would never come into their heads to fabricate colossal untruths, and they would not believe that others could have the impudence to distort the truth so infamously. Even though the facts which prove this to be so may be brought clearly to their minds, they will still doubt and waver and will continue to think that there may be some other explanation. For the grossly impudent lie always leaves traces behind it, even after it has been nailed down, a fact which is known to all expert liars in this world and to all who conspire together in the art of lying.
- Adolf Hitler in Mein Kampf
It's Transitory
As I have mentioned several times before, CNBC is on in my apartment for about thirty minutes in the morning as I get prepared for the day ahead. Even these thirty minutes have become essentially too intellectually painful to watch. The channel is a total joke. Nevertheless, it has become a good place to look for the latest “memes” being rolled out by the Wall Street Bankster/Washington D.C. Criminal “elite” class. In case you haven’t noticed, the latest one is the “It’s Transitory” meme. This was first launched in earnest by the Bernank whenever he refers to inflation. Basically in his world of smoke and mirror parlor tricks any of the undesirable effects of QE such as the destruction of fiat money and the resultant surge in commodity prices are “transitory” yet any of the positive effects, like the three McDonalds jobs that have been created are signs of the economy gaining momentum. The whole thing is actually quite brilliant. We must give credit to the slimy sorcerers where it is due. This so called “elite” class of people have achieved their positions by attaining an absolute mastery of the practice of lying. They are expert illusionists.
Think about it for a second. Anything negative can be called “transitory.” Commodity prices are rising, I am nervous. Don’t worry, it’s transitory. Wait a minute, now the economic statistics are rolling over? Transitory! But Bernank, I don’t have a job and just joined the ranks of record food stamp participation (it is now 44 million people). Quiet sheep, let the adults deal with it. Besides, it’s…well you get it.
So the brilliance of it all is that no matter how bad things get, some talking head can come out there and tell you it’s temporary. The term “soft patch” is just a another way of saying it. Not only is it a way to give a downtrodden people hope while they are being robbed, but it also allows for additional time for the Central Bankers to put the final nail in your coffin. All Americans have to do to look at our future is pay attention to what is being done to Greece and Ireland. Greece of course is furthest along the path to becoming a slave colony of the European banks and their puppets at the ECB. They are being told to sell off assets in order to protect the bond values of insolvent banks. This is simply a leveraged buyout of Greece by those that control the distribution channel of money. When EVERYONE is broke, the player that comes out on top is the one that can create the money versus the one that cannot.
I thought it was perfectly fitting for that weasel Jean Claude Trichet to talk about how the ECB should take over the sovereignty of its member states (see article here http://online.wsj.com/article/SB10001424052702303745304576360961826796994.html) while accepting the Charlemagne Prize for European unity. After all, who was Charlemagne.
Charlemagne (
/???rl?me?n/; French pronunciation: [?a?.l?.ma?]; Latin: Carolus Magnus or Karolus Magnus, meaning Charles the Great; possibly 742 – 28 January 814) was King of the Franks from 768 and Emperor of the Romans (Imperator Romanorum) from 800 to his death in 814. He expanded the Frankish kingdom into an empire that incorporated much of Western and Central Europe. During his reign, he conquered Italy and was crowned Imperator Augustus by Pope Leo III on 25 December 800. This temporarily made him a rival of the Byzantine Emperor in Constantinople. His rule is also associated with the Carolingian Renaissance,
a revival of art, religion, and culture through the medium of the
Catholic Church. Through his foreign conquests and internal reforms,
Charlemagne helped define both Western Europe and the Middle Ages. He is
numbered as Charles I in the regnal lists of Germany, the Holy Roman Empire, and France.
The point is not whether you believe Charlemagne was good for Europe or not. The point is THIS is what the ECB is trying to do. No longer can people run around with robes and crowns on their heads in order to run an empire and exert dominion over the peasant masses. Even the most brain dead sheep out there will see through this. That said, human nature has not changed in the last 5,000 years and the desire to build empires and dominate people has not gone away. The methods employed just need to be masked in the meme of “unity or economic stability” and executed within a backdrop of total fear and confusion. This is how Europe is being conquered at the moment. America is next in line trust me. That is the plan. It is coming and the next crisis will be used to “make it happen.” All of us must, while we retain some degree of freedom unite to prevent this bondage from enveloping us. If we fail, we will have to live with the sad truth that we sold our children and grandchildren into slavery because we were too scared and brainwashed to act.
Goodbye Boomers, You Have Done Enough Damage
The biggest silver lining to all of this is that the boomers are going to have to go away at some point soon (l have total love and respect my parents but the clinging to power to save a cushy retirement being exhibited by this generation as a whole and their idiotic economic theories is destroying the future of this planet). There is no stopping this and in its wake will be my generation and we have very different ideas of how to do things. This is the single biggest thing that people don’t understand. The “status quo” at the moment consists of the zeitgeist of the baby boomer generation and those of my generation that have bought into their failed ideology. The “status quo” will be swept out to sea and something entirely new must and will arise. Not only will college grads be living at home but so will the grandparents. We will default on all the obligations they made to themselves the minute my generation has a chance to. Whether or not you agree with it, it is what will happen (either via reform or more likely printing the currency into oblivion). Many “star” fund managers today will be completely unknown in ten years or maybe even five. People will ask: What happened to so and so? I can tell you the answer to that right now. They didn’t see the tide changing and were swept out to sea. Legacy is a stupid thing to chase. Just ask Buffett how it worked out for him in a few years.
Red Rocks
On a personal note, one of my closest friends from NYC is coming out here this weekend and we are going to see Dispatch at the Red Rocks tomorrow. I have never seen a show there and am extremely excited about it. This is what the venue looks like http://www.redrocksonline.com/. Check out some of the photos. Also, if you haven’t already watched the Lupe Fiasco video at the top please go and do so now. He is a very well respected player in the hip hop world and as you can see he is questioning everything I am and many of you are. THE key to us uniting is the understanding that YOU are not alone. Let’s create a new and better world.
Peace and wisdom,
Mike
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"It's Ambiguous"
its Newspeak
"pfff, its just one of those things"
"Yaaa......what are you gonna do"
Evolutionary suicide - creative destruction.
Evolution works not on individuals only on groups, for the Evolution to progress some1 always has to die
So are equity prices.
So many things since 9/11 have been 'trasitory' that have gotten us only further into the swamp that it's hard to believe that any rational person still believes things will get better, fortunately there are not so many rational people in the world
how about the quote of Hitler in Mein Kampf...Hitler was giving his recitation of what was wrong with his present system, from a jail cell. And he clearly appears to have been right.
Are we now to say that Hitler was not an unalloyed madman??
"Are we now to say that Hitler was not an unalloyed madman??"
What would you say Trav?
Hitler was a genius. He got drunk on his power and his success. Sound familiar? Is it madness or merely human nature to believe your own press and go as far as you can ride it?
Oy.
Still, glad we got 'em. My people love a good fight and always have.
Times are getting desperate when people like Hitler tell more truth than not and sound smart about it, I don't think we'll be over the hill till 'Mein Kampf' or the equivalent is on the bestseller list
I own Mein Kampf, read it thrice. We can all agree Hitler was indeed a smart man. Just arrogant towards power and militarism.
on a long enough timeline, everything is transitory... ;)
Pay no attention to the timeline. Death is transitory.
It's not "murder"...it's "involuntary suicide".
It's not "rape"...it's "tough love".
It's not "Marxism"....it's "Social Justice".
No, I'm pretty sure it is Marxism, and the New American Marxist/Banker Party would like to thank you for your patience while they rape the US dollar to better inflate its equity pipe dreams.
Read Marx. It's obvious you haven't.
it also is very obvious that he will not read it ...
It's not "dealing drugs"...it's "unlisenced pharmacology".
It's not "prostitution"...it's "uncertified relaxation therapy".
It's not "illegal aliens"...it's "undocumented immigrants".
And so on...
. . . as in back to the future.
here here
Herpes symptom's are transitory. Herpes itself is not.
Very astute. My fave is "When EVERYONE is broke, the player that comes out on top is the one that can create the money versus the one that cannot. "
Why is this not shouted from the mountaintops? Clearly its the last shoe to drop.
good suff from Krieger.
quoting Adolph Hitler?
Is Krieger stupid enough to think that Mein Kampf was from the Goebbels era??
I was taught that Hitler was distilled insanity, yet his commentary on the state of affairs seen outside his jail cell is now to be taken as prescient?
Hitler wasn't talking about what he was going to DO, he was talking about how things ARE.
Adolf understood the meme, using it is "almost" a proven fact
+1
The world can't get better. Ever.
Oil scarcity is your cause of death.
I dont want this world to get better. I want a better "world." let the oil run dry, chaos rain, and heads roll. There will be a better society eventually.
You mean the one where everyone is equal? We tried it, it was our downfall.
we cannot legislate nature.
Everyone is not equal
If you could be convinced without manipulation or distortion of the truth, that it was possible to build a better world, would you stand in the way of its construction by affirming a false belief? That's really the only thing you have to ask yourself. Because if you wouldn't then there is no point in waiting for it to happen before you profess your allegiance to it.
Let’s create a new and better world.
Sounds like the baby boomers of the 1960s. Really, this is nothing new under the sun. As my uncle used to say, whatever you do its been done before.
Yawn, sschu
Yes Lupe is a real rebel. My album drops tomorrow by the way. Try bitcoin if you want to rebel against the monopoly or put your savings in PM's.
LOL...is anyone actually surprised that the Bankster & Politeer Class completely support stealing from the middle class to keep the conspiracy to loot rolling?
Have you not been paying attention for the last 30+ fucking years?
The ONLY solution to save 'MeriKa is to abandon the DemoRAT/GOPher malstrom.
I posted this before, but I'll post it again to see if anyone is paying attention this time:
"Rule of Thumb: If a politician's lips are moving, he's lying.
Until we get rid of career politicians and restore the concept of the "civil servant" nothing will fucking change!!!
Want some REAL suggestions on how to fix the District of Criminals? Or are you all just interested in someone blowing hot air up your ass?
Here's my short list for restoring the US Republic:
1. Restore the US Constitution and eliminate "Executive Emergency Powers" except in time of a war that ACTUALLY threatens the country domestically.
2. Repeal the 16th & 17th Amendments to the USCON; Taxes should be assessed on businesses gains, not wages earned individuals by labour. U.S. Senators should be selected by the State governments they represent, not rich special interests that only care about protecting global looting schemes -or- even just as bad, pandering to the unwashed masses or parasites looking for freebies stolen from the productive.
3. Outlaw private campaign funding - campaigns should be public domain and publicly funded (and controlled) accordingly.
4. Fill US Congressional seats with the same system used to select Jurors; The public needs to be more intimately involved in national politics and winning a 2 year seat in the House of Representatives shouldn't equal hitting the lottery with lifetime benefits.
5. Abolish the Federal Reserve; Private monetary creation & control is not an American concept.
Keep in mind, this is my SHORT list...
If you think that the (D) & (R) Free Shit Empire™ will ever do the right thing, or perhaps the Founding Fathers initial concept of a Democratic Republic founded under Natural Law was a mistake, then I'm sure you're not looking for Common Sense solutions at all anyways, and I hope you enjoy the Change you can Bleed/Bleet in.
QN out!
US Constitution=transitory.
QN,
You just burst out of noplace, good for you pal. Seems like you, unlike Krieger, actually have some spirit. All these well-fed dudes working in finance need to stop with the bullshit. Mike, you represent market nihilism, which is absolutely nothing. Had the '08 crash not put your industry in the spotlight you would have been happy to trade MBS's the rest of your life. These dicks are now having a terrible attack of conscience.
Quix (love your icon by the way - great movie character) - although I agree with a lot of what Mike says - I disagree with what I percieve his 'outcome' to be.
From what I can tell - it'll be incredibly, incredibly ugly.
Unlike the Japanese, where most of the populace is used to sacrifice for long term goals, they are a pretty tame bunch, and they don't all have 5 rifles, 4 handguns and thousands of rounds of ammo at home, US citizens won't queue in lines all day waiting to use the last land line to phone home.
Unlike much of South America, where the population is used to being pushed and shoved by military personnel (which is somewhat mystifying - are ALL of these guys orphans or something? aren't they pushing and shoving 'their own' people? are they all on some kind of mind control medication - maybe - called basic benefits and threats of violence if THEY step out of line), and they are used to living hand to mouth, the US middle class and even the lower middle and lower class have enjoyed a lifestyle that is the envy of the world. Food, healthcare, education, transportation, free librarys, free entertainment, etc. Maybe it's not always the BEST but you can get by, and do so pretty handsomely.
SO - when the SHTF - as it will (our economic situation is impossible, completely and utterly impossible to fix without a complete meltdown of our current political structure and 'going to ground' on our global free money), the 150,000,000 pissed off, hungry, scared, armed to the teeth US citizens are going to make Egypt look like the annual Easter Egg Roll on the White House lawn (except they call it the, what, Rounded Object Roll or something now). The problem is the 'uber rich' will be fairly hard to find, so who will they be killing? Neighbors mostly.
Still - it's happened - and it WILL happen. But really - and I'm asking all the ZH'ers (and I am a huge fan of this site) - all of the consipiracy stuff. OK. Really. I'm having a hard time swallowing all of it. It's like we're saying we are all on this boat, and this one asshole is trying to take everybody else's money. So he succeeds - then what? We throw him off the damn boat. It doesn't make any sense. So we have a these uber rich, and they're all descendents of Rothschilds, and some of them are lizard people that live underground (actually - I kind of like that one), and they are consipiring against us all to take ALL OUR MONEY. KNOWING that when they do - we are going to eviscerate every living thing in our neighborhood, burn every building down, and basically destroy every cool thing here. Whoopee. So are they going to hide somewhere and live like Osama (before he was put in the deep freeze anyway?). What fun. Whoopee whoopee. I'm sorry - it just sounds too stupid. I have to think that Bernanke and Paulson and all of the others are just stupid Keynesians (or just stupid) and they are either 'trying to do what they think is best for the economy' or (if they are the money grubbing lizard slime that crawled out from the rocks on wall street - please no uppercase letters for that bunch of bastards) 'they are just doing their best to line their bank accounts'. No consipiracy - just a bunch of dumb asses running around with no 'long view' of the damage they are doing. "Well - everyone ELSE is doing it - why should I be left out?" - so that's my question - if you set fire to the house you are living in - and you kill ALL the people in it - surely there are SOME that you, well, at least KINDA liked (like that cute English teacher you had in the 10th grade) - what's the reason - are they ALL psychopaths? I cannot believe that - well - maybe I can but I'm not quite there yet. I AM, however, hedging my bets, living in the woods, surrounded by family and friends, and loaded with supplies. Not to kill the Rothschilds progency (unless one happens by) - but to protect myself and my family to the bloody end.
I respect your take. However, as many have been saying since it happened, most notably TD, Fukishima really fucked things up for the oligarchy. Japan, a mini-US economic model, got away with QE for 20 years, there's no reason to think that we wouldn't have been able to get away with it that long also, maybe longer. The theft would have been slow and less obvious.
When the 3rd largest economy went caput - and it is done, Japan will be uninhabitable soon - it completely destroyed all of their fake accounting and reporting numbers. Can't hide something that big. Moreover, a lot of people searching for information during the media blackout have stumbled upon the alternative internet media and been awakened to the financial ponzi.
bullshit.
There are 44M on foodstamps.
These people are ALREADY hurting.
There are no riots and no killing among the vast american middle class. Perhaps it's time to just accept that poverty isn't the cause of violence.
Well said. Beaten and abused, they come back for more it's almost unbearable to watch. American society has been atomised to the point of no return, a slow decay.
Talk to your neighbor before you flick on the brilliant Fast Money "analysis" on CNBC
As long as food is accessible - whether by stamps or paycheck - the music will play on. No other pain will be great enough to get the global human asses off of the sofa..
No you're not getting it. It seems you still have some... wait for it... hope. What food-stamp nation is devouring on a daily basis doesn't qualify as food. You can't call Carls Jr food. If these sad saps get their funding of sloppy bowl "food" cut off, then I'm not sure you can stage a revolt when malnourished.
Also, please friend, get off of the dope, the most dangerous of all... hope.
Not exactly sure what sounded 'hopeful' about that post. If one reads between the lines they will read, 'the masses are so pathetic, only the withdrawal of food will get them off their asses.' Hope for the masses? Pffftt! You missed the dart board on that one bud..
Now, where I do have hope is in the 3-10% who do have a clue and do want to be left the fuck alone. Don't underestimate what a highly motivated minority is capable of doing. There, freind, is the real hope.
This is hope:
'the masses are so pathetic, only the withdrawal of food will get them off their asses.'
it won't. And, as is pointed out to you, those asses are in poor shape.
The 3-10% so far I've seen nothing to be honest. At least in the States, Europe(where I'm presently) is onto something.
We're still virtual friends though, right?
A strange interpretation of 'hope', but I'll play along. Europe and the ME was the opening act in this drama, it's coming here at some point as well. Just history speaking.
agreed
Remember there are actually a fairly small number of actual Americans in America.
Americans were those colonists back in 1776.
Most of the biomass here are merely immigrants -- they came for the money and blow and dying just ain't profitable or fun.
And if you think about it, almost all the immigants came from lands that have were conquored and enslaved for thousands of years. The Huddled Masses and Wretched Refuse teeming on those shores were huddled, wretched and teeming BECAUSE THEY WERE BRED TO BE SLAVES.
I mean really? What's the big fucking deal about buying a one-way steerage ticket to New York? Some of my ancestors took a one way ticket to Plymouth Rock. Big difference. THIS IS MY COUNTRY and it pisses me the hell off to see so many Johnny-Come-Latelies alternately loot and sell it.
400 years is a long time to claim a plot of ground by anyone's measure.
Okay, okay. Some of you people were adopted into the family but no one has ever doubted which team you're on. It's the ones that still think they're in the old country, bowing and scraping before every poobah that piss me off.
Authentic, true Americans have been preparing for this moment for a very long time. Now it can't be put off any longer.
Soon we'll have our Concord Bridge.
Hell it might have happened already.
May God have mercy on the United States.
Lupe Fiasco is going to be at Govenor's Island August 13
Buy Tickets / More Info >
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LUPE FIASCO, Z-TRIP, PREFUSE 73, VIRTUAL BOY, DAVE NADA, JORO BORO
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EU Commission shows how the kleptocratic kings live in the age of austerity.
http://thebureauinvestigates.com/2011/06/01/eu-commission-squanders-mill...
http://thebureauinvestigates.com/2011/06/01/get-the-data-eu-commission-e...
"There is not a railroad in the country, it seems to me, that doesn't have a few branches running at a deficit. We're not the only ones. It's a national condition—a temporary national condition."
The Texas-Western Railroad went bankrupt last month. They closed the Queensborough Bridge yesterday for temporary repairs. Oh well, what's the use? Who is John Galt?"
You just happened to choose the one week when we had a little trouble with our motive power—our new engines are on order, but there's been a slight delay—you know what a problem we're having with the manufacturers of locomotives—but it's only temporary."
He smiled sadly, shaking his head. "No, Miss Taggart. There aren't any new brands made anywhere in the world. Even the old ones are going, one after another. There's only five or six kinds left selling now.
There used to be dozens. People aren't making anything new any more."
"They will. That's only temporary."
"You and I will always be there to save the country from the consequences of their actions." He got up; he said, pacing the office, "Colorado isn't going to be stopped. You'll pull it through. Then Dan Conway will be back, and others. All that lunacy is temporary.
"It's only a question of time, Mr. Rearden," the man said placatingly. "Just a temporary delay. Just to give our economy a chance to get stabilized. If you'd only wait for a couple of years—"
I feel abjectly guilty if this proved insufficient. Rest assured that it will not happen again. It is only a temporary emergency. By next winter, we shall have the Wyatt fields back in production, and conditions will return to normal.
She had spent months fighting the men of Jim's Board of Directors, who said that the national emergency was only temporary and a track that had lasted for ten years could well last for another winter, until spring, when conditions would improve, as Mr. Wesley Mouch had promised.
While we all realize, of course, that this is only temporary, still, for the moment, it has made the railroad situation approach a stage that may well be described as desperate.
Trial-and-error is the only pragmatic rule of action. We'll just keep on trying. If any hardships come up, remember that it's only temporary.
Only for the duration of the national emergency."
He spoke about social planning and the necessity of unanimous rallying in support of the planners. He spoke about discipline, unity, austerity and the patriotic duty of bearing temporary hardships.
"In a precarious period of emergency, like the present," James Taggart was saying, while she looked at the map, "it is dangerous to find ourselves forced to miss pay days and accumulate wage arrears on some of our divisions, a temporary condition, of course, but—"
They keep telling us it's only temporary, the cars are coming and we'll catch up. We won't. There aren't any cars coming.
"I will not assume debts I have no way of repaying."
"What do you mean, no way? That attachment is only some sort of technicality, it's only temporary, everybody knows that!"
"All you want is production without men who're able to produce, isn't it?"
"That . . . that's theory. That's just a theoretical extreme. All we want is a temporary adjustment."
"You've been making those temporary adjustments for years. Don't you see that you've run out of time?"
So it's only a matter of giving him a chance to recover, a helping hand to bridge the gap, a bit of temporary assistance, nothing more.
"I don't see why you should choose to take such a defeatist view of the situation," said Mouch sullenly.
"Defeatist? Do you really expect me to be able to remain in business under your Plan?"
"But it's only temporary!"
"There's no such thing as a temporary suicide."
I'm only saying...
Wow. That's a helluva compilation of Atlas Shrugged quotes...
It is indeed, +666.
Atlas Shrugged was, and continues to be, a fine novel.
Whatever "it" is, you have to remember, "it's" not just "transitory", but "it" would have been worse without their intervention. They saved us, how about some appreciation you bunch of ingrates?
Appreciation?!??
For what?
For "saving" us from a disaster that THEY, THEMSELVES, CREATED?
No thanks.
Stuff your appreciation.
It's called sarcasm genius.
Transitory. Boots on the ground. Arab Spring.
All those sayings are transitory.
Why don't they just say "It sucks" instead of "Its transitory"? Would solve problems of communication.
BB: "Yes, the commodity inflation, it sucks..."
I am deeply troubled by all the lies we must now contend with. There is I feel a great evil and a great disservice at work here. I recently started writing a story I've titled "Estimating the Truth" intended to address the topic. I'm encouraged to finish it quickly. It contains a small spasm of poetic justice -- I won't spoil it by saying how -- because I really like it when the truth prevails, even if only a little, even if only in a transitory way..
the boomers lolz... they have been stopping the next hitler or whatever for 60yrs just ask rush limbah
When 90 % are bankrupt, the FED will issue dollars to their masters who will buy everything at depressed price. Evil Empire.
Pay no attention to the put buying gorillas behind the XRT curtain, or the fellow who just liquidated 200+ k shares of Abercrombie [I hear they are expanding in Europe...which I'm sure will be very good news in coming qtrs].
Pay no attention to the selling of winners quietly picking up steam, as the gaping maws of the marked up ETFs swallow hard on all of it.
Keep "global growth" in mind while you buy domestic burrito makers at 50 times earnings.
Pay no attention to the utter and complete technical breakdown in the S&P on Wednesday, and remember that these things are TRANSITORY.
Take advantage of the sweet "buying opportunity" due to the "historicaly cheap valuations" calculated by figuring in 2012 criminal syndicate Wall Street banker guesses for future earnings.
Ignore the Fed liquidity crisis.
Ignore the bond market signals.
Ignore unemployment.
Say it...TRANSITORY.
Civilization ... is transitory.
You were right, that helped a lot.
Cdad, thank you for your informative well written posts. I try my best to catch your thoughts in-between my own responsibilites. Keep up the Fantastic work!
Yen cross.
San Jose Mayor Declares State of ‘Fiscal Emergency’
Mr. Reed, 62, is an unlikely revolutionary: he is a former Air Force officer, Princeton man, father of a much-decorated fighter-pilot daughter and has been married for more than 40 years. Elected to a second and final term last June with 77 percent of the vote, Mr. Reed said he had no further political ambitions and would return to his private law practice. He knows he is proposing a drastic assault on what has been contractually promised to public employees.
http://www.nytimes.com/2011/05/22/us/22bcstevens.html
Yeah, at 62 he's a Boomer so I guess he's worthless, eh? Any military service or other public service from Mr Krieger? It's hard to throw out bigoted blanket comdemnations of a cohort, class or race without looking like a moron isn't it?
Pay no attention. Debt is transitory.
You can say that about anything. Is "America" broke? Sure, but I'm not. I have tons of capacity to outlive anyone else. Yet blanketing me as a broke American is not a condemnation.
I agree with Mike. Boomers and their demands are stripping the rest of us. Face it. A ballooning cohort with zero earning and producing power is a liability that the rest have to support. Not a condemnation, just plain fact.
Demands? The boomers are just STARTING to retire--all they've done is pay so far! Who got the gravy? The WWII Great Generation -- they are the ones who set this shit up and sucked it dry.
I live in SJ. I know Reed somewhat and he seems like a really nice guy serious about the problems here.
The political climate here right now is a lethal stew of denial, money-grabbing, entrenchment and in-your-face looting. The Redevelopment Agency is probably insolvent at best, full of felons at worst, and they are the only ones supporting real estate values. The floor is set to fall out from under virtually everything. "Fiscal emergency" is about the kindest words anyone could apply to this massive clusterfuck.
San Jose is a basket case born of over-reaching cupidity, and it's populace is a mismatch of H1B refugees, unlicensed immigrants, white trash, and technology wonks (as myself). We have more cars than actual people, and more freeways than actual sidewalks. The mood is mean, dispirited, hungry and eager.
We are a city of liars.
I like the Mayor. I loathe most of the career civil "servants". I am fearful of the obese double-wide hoards that swarm the Costco loading up their double-wide SUVs with cases of diet soda. And I don't know what to do. I really don't.
It will all have to burn, I guess. God help us.
You should relocate to Carmel. Heaven on earth, some say ;)
Scapegoating is inevitable. As no one is ever interested in taking personal responsibility, it's easier to just blame someone else.
Pointing out that there are a few exceptions to a rule is rather pedantic, don't you think?
No, I don't. Those few exceptions include most of the "boomers" I know. Apparently Mike also grants a pass to his parents. This generational warfare anti-boomer meme is pure crap -- look to the systemic structural problems, if you want to look at a group of people, look to the racketeering banksters OF ALL AGES AND RACES. How many of the punks pushing NINJA loans were boomers?
Well said.
DSK to the hotel maid, "baby you won't get fired, this is just transitory."
on a long enough timeline, the rate of being transitory goes ape-shit.
Even going ape shit...transitory.
Buy and hold ape shit.
too transitory, Cda_d.
besides, i'm all-in the timeline of my subjectivity.
Is apeshit stackable?
Slewie you are so right. Transitory, is the equivalent of justifying ( I don't know) dysfunction!
We should not be too very far away from blaming Gaddafi for weaponizing e. coli or some such crap in order to justify troops on the ground to get that oil flowing, errr, civilians protected. Without that oil (it's pretty clear now that the Saudis can't counter the decline) there is no hope.
Thus, the only mechanism for "transitory" is to get that oil back on the market. That will work for about a year until the relentless fall in oil production and increase in demand (not consumption) due to population growth, overwhelms it.
They are getting close to not bothering with even fake justifications.
he Mike...here's another piece of music you might enjoy...it's certainly in the same sphere as the song you posted:
Immortal Technique - The Poverty of Philosophy
http://www.youtube.com/watch?v=bURgTLHryrg
War is Peace
Freedom is Slavery
Ignorance is Strength
Debt is Wealth
Progress is Transitory
Universal Orwellian truths? Yep, transitory.
The Greatest Depression....just transitory.
I just had a scary thought. What if the bernank's tenure at the fed runs as long greedscam's? Can you imagine how worthless a frn will be twenty years from now? boo!
(l have total love and respect my parents but the clinging to power to save a cushy retirement being exhibited by this generation as a whole and their idiotic economic theories is destroying the future of this planet.)
While I agree with you on how they got us to this fucked up situation, I think you can error more on the side that these sheep, and human beings in general, are very reluntant to change and a true sense of understanding as they muddle through this transitory--okay, bullshit--lull we're in without the basic common sense or knowledge that you can't spend 1.6 trillion a year you don't have without causing massive trauma at some point.
It's like Charles Hugh Smith said in his recent article, so long as the Social Security checks keep coming, so long as Medicare still kicks in, so long at SNAP and unemployment benefits work, so long as the banks can be kept solvent, it's better to just act "as if" this can keep working out.
And that's exactly the problem with these people, waking them up out of their deep, dark slumber is nearly impossible through education. You can keep trying, and there will be only a few small converts, but overall it's going to take a Weimar event to end this entire fucking facade.
With that, whether these folks want to agree or bury their heads or not will not matter, we will win. You see, the problem is to these people what you're fighting for is extreme, delusional, and unsettling (a complete makeover of the USA as we know it) when they can't see that the more that take cover--initiate some civil disobedience now and self protection--the faster we will kick all these problems in the ass even sooner. But....oh, no.
For now, we are the black sheep, the bad ones, the trouble rousters....
There will come a time when guys like you and ZH will rule the airways and not some creme-puff fucktard. But for now, I've said it before and I'll say it again, right now most peoples lives are in Pollyanna land....it's mostly okay in most parts of the country.
In fact, most people, at the end of today, will have had a good day (including you Mike) and this is of course transitory becuase either massive Austerity, which given the size and scope of our deficits can't happen without creditor haircuts, or Weimar will have to begin. What can't keep going forever won't when its based on completely faulty foundations.
Perhaps just quoting Hendrix would be most appropriate: "castles made of sand slip into the sea...eventually." Yup. Take it away.
I wanted to see the Dandy Warhols at Red Rocks this past May but i couldnt get to Colorado. Great place to see a show. Saw the Grateful Dead there back in the day
Dandy Warhols...never heard of em but last July went to Red Rocks, which is about 20 miles away from me to see Tool.
The Dandy's are alot of fun to see live and the music is real trippy - They should be on tour in the US this fall.
Have fun at Red Rock, Mike. I was there for U2 in June '83, what a young, blissfully ignorant pup I was... (gladly, transitory)
The Euro Court in Dublin is obscenely large - their propoganda is almost impossible to break as most of the mid and upper level functionaries withen this bog have been Jesuit educated while the masses have for the most part been buggered both mentally and physically by not very Christian brothers.
At a guess maybe 25-50 thousand have direct and indirect access to the Euro teet , with also a mass of farmers who get a declining but still substantial cheque from Brussels
Above this base culture lies a accepting sticky liberalism - this double phalanx of deception makes us dead meat I guess.
Anyway Dublin , also known as the Pale by Irish savages as always as been more of a adminstrative district rather then a distinct capital - its finding much spiritual comfort from great voices above the banality of its moderately incapable.
Very nicely put.
+1
I second that
++ erudite, DofC
The Hopium high is also Transitory...
But but ... what if you die happy? Isn't that moment forever?
Don't go there...
Ask David Carradine?
Right on Mikey.
13 S&P handle...transitory.
1296 was getting hit early(CFD's). A close below 1304 sends a message. 1275 looks like good support. Do you disagree?
Its 1:45 pm CDT and people are headed to the exits rather briskly.
At the DOW.
To the Rodent, Spalding Ssmailes & topcallingtroll
because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds
I listen every day to the "lame stream" to analyse the propaganda messages.
Shares of COMCAST, majority owner of the BlowHorn [CNBC], are looking EXTRA TRANSITORY.
Good! Screw Comcast and The BlowHorn, whores for central banksters.
Why the hell is my 'targeted' add on the right of the page a seniors dating site?!? Waken the fuck up google!
Mike did say keyword 'boomer'..
Relax, gramps!
its been 3 years since the start of the collapse and all this time the talking heads have said its temporary and things are getting better. Regardless of how much they fudge the numbers, eventually the real ones come out and disprove the faked ones. There is no recovery and never will be.
I don't get why anyone is shocked about all of this, as if its "unexpected".
The big wig, SOROS wants the dollar dead and that is exactly what is happening.
How long it will take, who knows but one thing is certain, the rollercoaster of bullshit from the government and talking heads will continue until the day the dollar dies.
The sheep will continue to believe them and do nothing. Business as usual.
Jesus Christ you are a retard.
What's not transitory...
Ecoli food virus being used as a good excuse for more $billions toward more "food safety bills"
ie more restrictions on what you can grow at home.
"being used as a good excuse"...NOT transitory.
more "bogus" explanations for the increase in food prices... NOT transitory
A blast from the past (1906)
Frederick Howe - Confessions of a Monopolist
ftp://myebooks.dyndns.org/conspiracy/Howe%20-%20The%20Confessions%20of%20a%20Monopolist%20(how%20the%20system%20really%20works)(1977).pdf
Have things really progressed?
Is the next move up for silver going to be a slow burn ?
Oh wait, is it option expiry today ?
Now I understand why silver is holding at $36/oz.
These criminals are just throwing fiat paper dollars away.
It will super-charge the next move up whenever they wind down their criminal activity.
I hope there are cells in Gitmo waiting for these criminals when the CRIMEX defaults.
Great Sprott interview. He comments that any silver miner you can get for 3X two year out earnings is like stealing candy from a baby http://goldandsilverlinings.com/?p=1128
I think you are on to something there. I see xag retesting that 32 crossover area. Good spot!
I just wonder what single event, data point, index crash, whatever is gonna get me to pull into the gun shop parking lot (my kids call it "Bloodbath and Beyond") on the way home from work one of these days. I have no guns. Live in a rural paradise. Prepped to the max like . . . well . . like there's no tomorrow. But no gun. What is gonna drive me to get the gun?
Get a quality hand gun. Guns are for shooting your way out. Not for defending anything.
Snare small game for food when the time comes. Snares are quiet and don't announce dinner to the roving hordes.
Thanks - I have been thinking shotgun, but who the f$%^ knows what kind of situation I'll need it for. I'm hoping all the hordes will run out of gas before they get to my little dirt road. But I do have a family, homestead and a healthy supply of prep stuff. I hope it doesn't come to anything near this. But it feels like the last piece of true prep.
What will drive you to get a gun?
You know what is best for you and your family.
The best thing for my household is that I carry a .45 (or.380 in pocket, wintertime) on my hip and a scoped AR-15 handy, where we relax at home.
Keeping us as safe as possible and confident in our safety is part of my responsibility as the leader of the house.
The ability to hunt (and be self-reliant for food)and to be a part of an armed "militia" of like-minded Constitutional thinkers is important also.
The gun owners I know, as myself, are all law abiding tax paying folks, who want to live in peace and be left alone. Enjoying life with our friends and families, with minimal government on all levels.
I'm thinking protection and hunting. Fair amount of turkeys and deer stroll through my property. Not a hunter . . . yet. But I may get to be. And yeah - I know many of my neighbors have weapons, some are recent vets. Would probably help if I had something more than a pitchfork if we have to band together to protect the valley from roaving hoardes of hungry citi-types. I laugh as I write this, but Im' not really joking.
After the Great Implosion™, I foresee having to organize militias at the County level, and do whatever is necessary to ensure the county residents are protected from roving bands of Citi-Zombies®. Look forward to meeting your local county sheriff...
the only thing that is not transitory is their deception
So, Mike. In TD's earlier "Punchbowl" post we had a string about what really could trigger higher rates (since this may be the only cause for solution) to our problems (meaning, restructure everything and start over). Do you believe it would take a US debt downgrade (will not happen) or a "run" on the USD to trigger higher rates? Your comments are welcome and duly respected.
On a long enough timeline everything is transitory.
MK speaks Truth.
http://www.reverbnation.com/play_now/song_6077734
"So bring your best intentions, presence and method, true value in a world of deception. I stand corrected a state, where everything has a place, bar-code and 15 minutes of fame. Constant contradictions projected through prisms, basing facts upon fiction. It's just about enough to make you want to seek an addiction good Christian, but wait. Its a General Magnetic intervention, that's right. It's a certain type of lime light. While navigating through this space, each bar is a trace of our presence to create and innovate, music and society. Still got 30 more long years before retirement. So stay tuned, but never stand still because if you do not hustle this land some other man will."
Bernanke himself is transitory. But he would have done too much damage beyand repair. He is incapable of understanding this simple fact.
Like the article except the blame it all on boomers bit. I was born in 58 and it wasn't my generation that elected Johnson and started 'The Great Society' programs. Nor was it my generation that decided to get rid of the gold exchange standard in 1971. It wasn't my generation that effected the peak of U.S. oil production in the early 70's. I think it is high time we stop pointing fingers (as the MSM is now doing to PIGS) and figure out how to deal with the predicament that we currently have.
Agree completely.
Did Tyler really posted this?
You blame the boomers, Mr. Krieger, for what the bankers and globalists do.
Al Capone would have loved it, just as Bernanke and Paulson and Rubin and Rockefeller and Tillerson and Blankfein and Gates must be lovin’ it when the boomers are blamed for heisting the wealth of the American economy.
Boomers have paid their way. As a result of the tax increases instituted by the 1983 Amendments, over the last 25 years the Social Security system has collected more taxes than it has paid out. Until a globalist Congress raided it.
Never mind that the government deliberately flooded the nation with 50 million low-wage Hispanics to knock down America’s standard of living for benefit of the global corporations and, then, added millions of them to Social Security via welfare and Medicare via Medicaid.
Blaming boomer greed for the state of the American economy has the wrong slant. As they say, follow the money. After the big altercation in the middle of the night who went home with a black eye and who went home with the cash? I’m not a boomer but I’m smart enough to know who’s the victim and who’s the thief.
According to Baby Boomer Resource on May 2, 2011, “It’s a sad fact that retiring baby boomers only have on average $88,000 in their retirement savings. Even those in their 50s and 60s with a 401(k) for at least six years had an average balance of less than $150,000 at the end of 2009. A very sad fact when you consider that the baby boomer generation worked long hard hours for decades, in sometimes very stressful jobs.”
Only, of course, to have their jobs outsourced throughout the 1980s onward by corporate “downsizing,” “streamlining,” “merging,” "offshoring” and "globalization" that eliminated whole levels of middle and upper management. In the 1990s, says Fortune magazine, salaries barely kept up with the cost of living and taxes.
And .” nearly two in three boomers between the ages of 55 to 64 had a mortgage with a median debt of $85,000 (in 2007).”
It is financial greed and the “New Economy,” Mr. Krieger, that is destroying the American economy, not baby boomers.
http://babyboomerresource.com/retiring-baby-boomers
Well said, JR.
+1 JR.
Retirement savings? What's that? I was born in 1984. The "new economy", like the "new media' has been embraced wholeheartedly by the majority baby boomers. Long as you can place blame on the natives and the notorious Al-Qaeda they have been all for it.
flagged for retarded boomer generation deflection.
very nice JR. This is about crime not your birth time
very nice JR. This is about crime not your birth time
I'll give you that one J.R. However, there are some younger versions in your age group, that do not share the same values you do. Yen.
You say you'll change the constitution
Well, you know
We all want to change your head
You tell me it's the institution
Well, you know
You better free you mind instead
But if you go carrying pictures of some HIP HOP Artist
You ain't going to make it with anyone anyhow
Don't you know it's gonna be all right
all right, all right
all right, all right, all right
all right, all right, all right
I don't believe it. I believe I am alone.
I do appreciate Zero Hedge and the intent of this post. I read stuff every day, from seemingly rational people, professional people who do real stuff.
What they generally describe to me is a farce, or a Lie, that cannot possibly be told forever, but somehow has been for 30, no 100, no, 400 years. No matter how far back they take me, it is usually the same story.
Somebody lets Somebody Else fuck everything up, then Somebody fixes it so Somebody Else can fuck it up again later.
Most of what I choose to read here I think is a description of the Fix part, or a derivative of it. I get sucked in when Somebody is paving the road to hell with good or possibly diabolical secret bricks of paper intentions.
The comments to those posts read as opinions on why Somebody Else will never be able to continue fucking everything up, and that Somebody should fucking die die die.
But then you know, everything and nothing changes.
My hope that You The They Who Are Not Alone actually exist in any material way is why I keep coming back here.
// end_focus_group_of_one
We live in a permanent state of exception.
I just refuse to pay for things and tell them, "It's transitory."
A real predator? A proper canis lupus lupus?
Trained & caged, produced & owned, I'm afraid. With a terrible pun as a tell (a debacle doggy...). I find it oddly disturbing that this isn't entirely self-evident - nice lonzenge lupe, shall I get someone to translate that for you? [Disclaimer - it may be that this alter-ego is the joke, and thus self-owned. At which point, I've not got the time nor energy to investigate if someone is cleverly emasculating / denaturing Rap as a music form, but please.. stop being so FUCKING OBVIOUS.]
http://www.youtube.com/watch?v=-MrQtOoQRpc
http://www.youtube.com/watch?v=tuEJYj5xKUE
Please have the authenticity to either: a) stop playing http://www.youtube.com/watch?v=-8coq2cUn1U [hint: OP is to the left of the shot throughout] or b) Play with real 'animals'. This reminded me of Zuckerman's latest stunt, which was... well. Blushworthy. Oh, and stop dressing up internecine warfare as class conflict, its fucking embarrassing.
tldr;
Pretender. That goes for the OP, and the artiste. The artiste at least has the defense that it might be highly ironic, and admitted as so.
Thank you for the work. Personally I can't stand the intellectual pain it causes to watch TV to see what the propagandists have come up with and have to wait to see it in print. So in this I thank you for the report. It is quite smart on their part though. Like you say anything can be rationalized as "transitory." Especially death. Then while you are claiming the temporary nature of long-term systemic problems any blip in the data can and will be construed as evidence of the "transitory" condition. There is also another issue. The propagandists think about these things and once they decided on the basic gambit they had their choice of words. Temproary, transitory, inetrmitent, ephemerial, passing, brief, limited, fleeting, transient and so on. Yet they chose the word, "transitory." Think about that. It and transient are the words of the bunch that imply by their root words a change from one condition to another. To transit from here to there. To be transient. As such the word transitory or fleeting were and are often associated with religous launguage concerning physical death. Interesting choice. My first question would be where do you see us going there Ben? Relocation to the East perhaps?