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Krieger On Printing And Propaganda

Tyler Durden's picture


From Mike Krieger of KAM LP

Desolate and without purpose
Radiating from so many septic sources
Forming the fabric of a wayward people
Disappearing as the vestiges of our past

Scratched like tartan into virgin soil
A substrate for progress and disarray
A spreading network of broken dreams
Searching for a thoroughfare to take us away

Just a little tale from the streets of America
Sparkled promises paved with pathos and hysteria
Trenchant, weary native sons
Step back, step back
And see the damage done
Shoot straight to the horizon
The streets of America

- Bad Religion, “Streets of America”

A nation that is afraid to let its people judge truth and falsehood in an open market is a nation that is afraid of its people.

- John F. Kennedy


Printing and Propaganda

As I have been saying for the past several years, the misguided Keynesian witch doctor central planners unfortunately in charge of our economic fate are attempting a grand experiment on us based on completely insane and nonsensical theories that have no chance at success.  These clowns claim to have all sorts of “tools” but in reality they have nothing.  When faced with a complete credit collapse of proportions never seen before in recorded history there were and are only two “tools.”  It’s the two P’s:  Printing and Propaganda.

While I have written about both of these “tools” before I am going to focus on the propaganda part today since it is the most applicable to the current state of the financial markets.  We all know by now that the centrals planners believe the tail wags the dog.  So the economy doesn’t lead to higher stock prices but higher stock prices will lead to a better economy.  Insane?  Absolutely.  Is it their religion?  100%.  The other important thing for investors to be aware of now when they are comparing the current state of affairs to what many lived through in the 1970’s is that the central planners have learned some lessons.  What we must always remember about central planners is that they will never renege on their core philosophy which is that an elite academic and political class in their wisdom are better stewards than free humans interacting in a marketplace.  That said, most people do not share their worldview for obvious reasons (who wants their lives micromanaged) so the trick of the central planners is to micromanage your life while you think you are in charge.  As Goethe said “None are more hopelessly enslaved than those who falsely believe they are free.”  He didn’t just make up this clever quote, it is a tried a true method of the most successful control systems throughout history.      

So even the brainwashed masses out there understand that price controls were tried in the 1970’s and failed.  We also know why.  Therefore, the last thing the current group of central planners will want to do is announce price controls.  That doesn’t mean they don’t attempt them anyway.  They have been rigging stocks in the United States consistently for the past two years and most people get this and accept it as a part of the current state of disunion we are in.  However, as I wrote last week we have now entered Phase 2.  This was represented by the raid on commodities. 

A tried and true strategy that TPTB have used in precious metals for years has been to create such tremendous volatility in gold and silver and especially the shares that most investors stay away since they can’t stomach it.  This strategy is now seemingly being employed to a much wider spectrum of commodities, hence my warning on trading futures last week.  The entire game was perfectly summarized by a quote in the most recent 13D report where it was stated:  “Unfortunately, this battle between finding a safe haven and the authorities’ desire to render it ‘unsafe’ is only in its earliest stages.  Our manta since 2007 – governments can and will do anything to survive.”

The Bernank Bluff    

So part of the propaganda “tool” used by the central planners is the manipulation of financial markets, which seems to increased in emphasis in recent weeks.  The other consists of outright lies and disinformation.  Put yourself in The Bernank’s shoes for a moment.  This guy loves printing more than Hewlett Packard.  He is despondent beyond belief that the markets and an increasing amount of financial commentators have criticized his precious QE insanity.  Meanwhile, the economic data is starting to roll over and housing looks set to launch into another spiral lower.  So what is a Bernank to do?  Bluff the heck out of the markets.  He knows that the only way he can have cover for his printing party is to smash commodities because the rise in commodities is the biggest point of contention amongst the masses.  Unfortunately, most people don’t delve deep enough into how the system works to have the serious moral and philosophical issues with the central planning system as I and many others do.  The Bernank knows this.  Bread and circus is a tried and true method.  Problems emerge when the bread runs out.  So the period we are in right now is huge for the Bernank and his merry band of mental patients.  They don’t have to make any decision on more printing until June when the current fiasco ends.  It is during this window when they think they can have their cake and eat it too.  They can print like mad yet at the same time claim they are about to stop and maybe even tighten.  Yeah, and the Easter Bunny is sitting next to me trading LinkedIn shares.

In any event, this is The Bernank Bluff and he is milking it for all it is worth while at the same time orchestrating raids on commodity futures.  This is just a massive psychological game against the investors class to keep them from the assets that will actually provide protection.  Well Bernank you’ve got a month left.  Make the most of it because after that you need to act.  I can’t wait to see you try to tighten as the economy rolls over. 

The Slut Walk

While millions around the world from the Middle East to Europe rush into the street to protest the rape and pillaging of their respective economies by the banksters and their political puppets guess what the good citizens of Boston, the heart and soul of the first American Revolution, are protesting.  For the “right to be dirty.”  I kid you not.  The article is right here  Now let me make one thing crystal clear.  I am not trying to be the moral police.  I could care less how people treat themselves or behave as long as it doesn’t harm me.  The point I am trying to make is that as the biggest theft in American history has just occurred and continues to occur, this is what they are protesting about in Boston.  You know what the elites on Wall Street and Washington think when they see this?  They smile from ear to ear.  What a bunch of sheep.  We just stole trillions and they are protesting for the right to be slutty.  Look, I think I am a pretty decent observer of cultural trends.  Rest assured ladies, sluttiness is in a secular bull market.  It is encouraged by the elites.  What they fear is not degeneracy but rather self-respect and logic.  They want you to behave like animals so they can justify treating you like animals.  Has anyone read Aldus Huxley’s books?  This is worth reading   You go girl!
Peace and wisdom,


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Thu, 05/19/2011 - 13:42 | 1292360 TruthInSunshine
TruthInSunshine's picture


Sorry for the OT.

LNKD at $104, will lose another 10% per hour (if it's lucky, if not, much more), and retrace to $80 or lower by close, with a bunch of people stuck for as much as a $122 buy in.

Epic fail.

See you at > $35 as soon as full on shorting is allowed, RoboFader.

IntraDay Chart. Λ

Thu, 05/19/2011 - 13:46 | 1292378 Michael Victory
Thu, 05/19/2011 - 14:19 | 1292474 TruthInSunshine
TruthInSunshine's picture

This is probably the one article written wherein I should have not gone OT, since I agree with it wholeheartedly.

Great article, Mike.

I disagree about The Bernank's options, however. He has no real (and certainly no good) options and a trapped rat, in reality, drowning in his own effluent.

Thu, 05/19/2011 - 15:29 | 1292877 Nacho.Libre
Nacho.Libre's picture

I had an opportunity to go to a luncheon today where Fed Pres Fisher of Dallas gave a talk.  It was to a group of the area's bankers, influential people, county judge, mayors, school district supers, university pres., etc.

So, this is what he said.  The economy is getting better, he voted against QE2, there will be no QE3, the Fed is NOT monetizing the debt, China is still buying treasuries, immigration is good (they have a study on the Dallas Fed website), and they provide their educational series "building wealth" for free.  It is such a great resource, they will provide it to teachers and college professors for free to share with their students.  In addition, he "strongly strongly urged" the heads of the local universities to make taking a class in "building wealth" a prerequisite for entry into college. 

So, there you have it.  The propoganda continues.  And the whole crowd bought it.  All the bank CEO's, community leaders, educational leaders, etc.  That's why we won't be getting out of the mess we are in.  They have a big propoganda machine and it works from the top down, and now they even want to indoctrinate the high school and college kids!  But the jokes on them!  Our kids don't care enough to learn anything and are teachers only want raises and don't care about education, so HA HA! 

Thu, 05/19/2011 - 17:04 | 1293344 Montecarlo
Montecarlo's picture

We really are riding the USS Titanic.

Thu, 05/19/2011 - 18:12 | 1293614 Nacho.Libre
Nacho.Libre's picture

I forgot to add, Fisher also stated that the Fed knows there is a ton of liquidity sitting around doing nothing and that it's not getting out.  If I recall correctly, he said they had some $1 trillion plus sitting as reserve deposits for banks and it was earning .25% or less, so they know the banks aren't putting it out there.  He also mentioned that business balance sheets were flush with cash, but he didn't talk about most of it being off shore, the way it's talked about here. 

The community bank president that invited me to the meeting asked me what I thought.  I told him it was interesting to hear the guy lie like that to a room fool (full) of people.  He did a have a nice presentation and seemed sincere enough in saying that they are really trying to do good and help small business and people.  I almost wanted to believe the guy.  Maybe they really do think they are trying to do good.  I dunno, but some of his body language indicated to me that he knew he was lying.

Thu, 05/19/2011 - 20:21 | 1293971 SoNH80
SoNH80's picture

And Fisher is "the hawk"!  The "friend of small business!"  The job of the regional Fed presidents is to keep the Chamber of Commerce rubber-chicken dinner circuit calm and happy.  They deliver their lies in the local accent.... in Boston, they wear a Sox hat and eat chowder, in Dallas, they wear cowboy boots and eat Frito pie; in Cleveland, they talk about bowling (you get the idea).  It was a real stroke of genius by the Jekyll Island boys to regionalize the system... all of America has a Fed regional bank to call "their own".

Thu, 05/19/2011 - 21:40 | 1294170 Federal Reserf
Federal Reserf's picture

It is actually the USS Bernanktic but as Peter Schiff says, according to their logic, the Titanic voyage was a success because some passengers actually made it to New York.

Thu, 05/19/2011 - 14:22 | 1292565 ghostfaceinvestah
ghostfaceinvestah's picture

When do (put) options open on this POS?

Thu, 05/19/2011 - 15:17 | 1292834 rumblefish
rumblefish's picture

I's stupid.

How the he'll the make one penny is beyond me.

Thu, 05/19/2011 - 13:43 | 1292381 LawsofPhysics
LawsofPhysics's picture

LMFAO!  Although you may get some interesting responses to this post.

Thu, 05/19/2011 - 14:21 | 1292559 smlbizman
smlbizman's picture

i cant tell if i am looking at  sluts or the running of the bulls... 

Thu, 05/19/2011 - 16:01 | 1293006 PaddyFields
PaddyFields's picture


Thu, 05/19/2011 - 13:48 | 1292382 Robslob
Robslob's picture

Countdown to buy hands down! Gold & Silver discounted and on sale must simply ignore the price of paper when making "the" decision to survive and thrive in "their" environment.

Thu, 05/19/2011 - 13:54 | 1292417 Ahmeexnal
Ahmeexnal's picture

You won't be able to buy physical at the theoretical "spot price". What's more, banks are actually buying physical above spot.
Physical price is around 39-40USD/ozt. Still a bargain!

Thu, 05/19/2011 - 13:56 | 1292436 Long-John-Silver
Long-John-Silver's picture

All my local coin and bullion shops are out of silver or refuse to sell silver using current spot price. One dealer admitted to having physical Silver in his safe but is refusing to sell it at current manipulated prices. When I asked when he would start selling it again he told me when it was over $50 again. Quote: I'm not stupid :unquote.

Thu, 05/19/2011 - 15:23 | 1292846 Hacked Economy
Hacked Economy's picture

I recently searched eBay to find a private seller who is physically located only a few miles from my own home.  We agreed to meet in a public place, and I bought all the BUNC Maple Leafs and SAEs he had with him at the time for $38 apiece cash.  He was able to avoid the eBay fees and keep all the cash himself, and I got physical silver at a good price.  Win-win!

He wants to meet again this weekend to sell more of his stash.  I suppose I got lucky!

Thu, 05/19/2011 - 14:00 | 1292438 Robslob
Robslob's picture

Good is full of irony.

Irony 1: RoboHo's time selected stock picks moving up on what ever chart he can selectively find but actually going down in terms of real value.

Irony 2: Precious Metals going down in paper price but up in terms of real value.

Thu, 05/19/2011 - 13:44 | 1292391 RobotTrader
RobotTrader's picture

Gold is stuck under $1,500

XAU cannot get any traction.  Was looking for a "follow through day" but that thing is totally dead right now.

Ratio Traders are still gangbanging those gold stocks repeatedly.

Meanwhile, Fed-sponsored, and TPTB-supported stocks like the credit card companies are making yet another new high today.

The boys over at KWN must be at their wits end.

Thu, 05/19/2011 - 13:59 | 1292432 GOSPLAN HERO
GOSPLAN HERO's picture

Buy gold while it's cheap.

Thu, 05/19/2011 - 15:22 | 1292861 Hacked Economy
Hacked Economy's picture

I think it's funny how RoboTrader gets junked no matter what he/she/it says nowadays.

Sucks to be you, Robo.  :)

Thu, 05/19/2011 - 15:35 | 1292906 Arius
Arius's picture

yep...its tired....lying down, going to thing you know it never wakes dead!  time to sell it Short!

Thu, 05/19/2011 - 17:46 | 1293525 akak
akak's picture

Gold is stuck under $1,500

XAU cannot get any traction.  Was looking for a "follow through day" but that thing is totally dead right now.

Ratio Traders are still gangbanging those gold stocks repeatedly.

Meanwhile, Fed-sponsored, and TPTB-supported stocks like the credit card companies are making yet another new high today.

The boys over at KWN must be at their wits end.

No, actually RoboLemming, they are NOT at their wits end at all, because unlike you, they are not autistic, and have more than a one-day mental timeframe, and can therefore foresee the likely results of the ongoing insanity in Washington and Wall Street, while you are like a child who runs in front a speeding truck while crying "Ooh, lookie, something shiny!"

Thu, 05/19/2011 - 13:45 | 1292394 catch edge ghost
catch edge ghost's picture

++Amen, etc.

Thu, 05/19/2011 - 13:51 | 1292406 RobotTrader
RobotTrader's picture

IBD "Riverboater" Top 50 stocks doing well today.

ORCL, BIDU, ARUN, PCLN all green

Thu, 05/19/2011 - 13:48 | 1292410 luk427
luk427's picture

To open a Zero Hedge account this test should be used.

Thu, 05/19/2011 - 14:42 | 1292667 ACompleto
ACompleto's picture


Can you point me to a larger picture of your avatar?


much obliged

Thu, 05/19/2011 - 15:29 | 1292876 sgorem
sgorem's picture

thank you

Thu, 05/19/2011 - 16:49 | 1293241 sasebo
sasebo's picture


Thu, 05/19/2011 - 13:54 | 1292421 dick cheneys ghost
dick cheneys ghost's picture

Anyone read this about IMF and Gold? Would love to hear your thoughts.

Thu, 05/19/2011 - 13:56 | 1292434 Chuck Walla
Chuck Walla's picture

Everybody knows its hard to out slut the politicians.

Thu, 05/19/2011 - 13:58 | 1292441 honestann
honestann's picture

The federal reserve is laughing their asses off as their "paper silver and gold" manipulations scare americans into selling... while asians back up the truck and take every gram/ounce/ton they can get.

The gringo sheople will wake up alright... after gold and silver prices have risen another 20% to 50%.

PS:  To the credit of those gringos holding physical silver and gold, they have not been selling very much.  It was the paper PM holders who lost their nerves.  Hopefully when they re-enter the PM market they will exclusively buy physical.  That is the only way to thwart the predators-that-be.

Thu, 05/19/2011 - 14:00 | 1292443 comrade pravda
comrade pravda's picture

We all can fight the propaganda.  Talk to your neighbors, friends, and random people you meet during a day.

Sometimes I talk with people who are truly brainwashed. One guy told me that he believes what the government says because the government says it.  I'm not sure if that means he believes X or not X, as the government will say both.

On happier days, I find that the people I meet are rejecting television and the rest of the so-called mainstream media and its message of fear and hate.

Thu, 05/19/2011 - 14:01 | 1292447 Atch Logan
Atch Logan's picture

Thank you for this article, Mike.  But JFK was killed for his beliefs, especially those anti-Federal Reserve. I think that America is lost, and in its victory the rest of its imperial states.

I lived in and owned an apartment in Barcelona for years, and that city was the most free and "living" of any city in the world (including Paris). I miss it, but as a part of Spain I really respect what the Spanish, Egyptians, and, I guess, Greeks are trying to do by taking to the streets.  What else is left?  Pitty the Irish, who had the momentum and opportunity. Who could have made a difference and been the leaders. Shame. Kudoos to Iceland, bless their hearts.

I voted for Obama for President, but not for World King. I understand what he and "them" are doing, but his and their arrogance is beyond reproach.  If anyone disagrees with them on any grounds, they are terrorists. Period. There is no rationale, no semblance to any actions, expect what the USA wants. Where does it end??


Thu, 05/19/2011 - 14:06 | 1292487 john39
john39's picture

where does it end?....   war.

Thu, 05/19/2011 - 14:09 | 1292501 centerline
centerline's picture

That last question may not have a nice answer.

Thu, 05/19/2011 - 14:19 | 1292526 luk427
luk427's picture

JFK theory. Executive order 11110.

Thu, 05/19/2011 - 15:04 | 1292777 thriftymost
thriftymost's picture

I voted for Obama for President.

Thanks a lot, bozo!

Now we know who to blame.



Thu, 05/19/2011 - 16:26 | 1293135 PaddyFields
PaddyFields's picture


One of the reasons I left Ireland some years back was because it was beingrun by a small bunch of self-serving cronies .... the media, banks, the government , hugely inflated civil service, the whole shooting gallery.

Any resistence to the demands of the IMF, ECB and the 'elites' was deemedto be reactionary and dangerous. Massively indepted Irish citizens were too afraid/selfish to rock the swill bucket. We as a nation got fed a diet of cheap credit, reality tv and dumbed down education rendering us easy prey to a political class as they first inflated a devastating property bubble and then 'nationalized' the associated private speculative banking debt.

Sad story, but it ain't over yet. Once the real pain kicks in and Irish people start to lose

their 'stuff'..... they'll eventually start to lose 'it'.

Ron Paul 2012

Thu, 05/19/2011 - 13:58 | 1292452 nhsadika
nhsadika's picture

These women are so dazed and confused it is a satire on the modern western world.  The women are somehow trying to act like their behavior should have no influence on anyone, that they (and thus we) are truly individuals and not part of a society which influence each other, so they are banding together in a community to stand for this cause?  Weird.


Thu, 05/19/2011 - 14:11 | 1292462 Franken_Stein
Franken_Stein's picture


Has it never occured to anyone of you,

why in the last years all of a sudden these social trends of:


1. Wearing tattoos

2. Piercing

3. Putting metal under your skin


somehow seemingly have emerged out of nowhere and become so popular among the youth and part of the "mainstream culture" ?


Can you not possibly see that these social trends maybe are artificially engineered and financed to gradually prepare and accustom people to the idea, that it is perfectly acceptable to needlessly have something implanted inside your body, an idea, that 20 years ago, would have been TOTALLY UNTHINKABLE to anyone ?


I'm telling you, these elite people have absolutely sinister plans and they think in decades and centuries, not years.


Thu, 05/19/2011 - 14:12 | 1292502 john39
john39's picture

it goes far deeper than most realize.  The medical industry for example is set up to drug the population into a zombie like daze, while sucking life savings out of retirees at the same time.  the world is controlled by a power cult, they use banks and currency as a means to end, power... but this is not about money.  That is why no one should be surprised when the government makes no real effort to save the economy.  collapse is the plan.

Thu, 05/19/2011 - 14:12 | 1292513 Franken_Stein
Franken_Stein's picture

Yup. You got it.

Thu, 05/19/2011 - 15:05 | 1292770 thriftymost
thriftymost's picture

Collapse is the plan.

In Judeo-Protestant, proto-fascist Amerikkka, seemingly, yes.

Other countries have other ideas.

Ha ha ha.




Thu, 05/19/2011 - 14:24 | 1292558 Dr. Acula
Dr. Acula's picture

Can you not possibly see that these social trends [tattoos/piercing/implants] maybe are artificially engineered and financed to gradually prepare and accustom people to the idea, that it is perfectly acceptable to needlessly have something implanted inside your body, an idea, that 20 years ago, would have been TOTALLY UNTHINKABLE to anyone ?

I would love to have implants in my body, specifically ones that give me super cyborg strength and supercomputing mental powers. And I would rather have a tiny electronic implant than have to carry around loose pieces of plastic like credit cards and drivers license.

There's nothing inherently evil in this. All of this would happen on its own in a free market even if there weren't a government at all.

But, like with any technology, I'm sure the government will find a way to use it for evil, e.g. theft, kidnappings, and murders. And the development of the technology will also be severely handicapped due to government meddling.


Thu, 05/19/2011 - 15:09 | 1292785 TIMMAYYY
TIMMAYYY's picture

I hope you can afford these chips and these operations...otherwise you will be the new under-under-under-class muther clean my shoes you normal

Thu, 05/19/2011 - 17:25 | 1293395 Dr. Acula
Dr. Acula's picture

Computer chips are dirt cheap; it's the field of medicine that's hampered by government interventions and endless red tape. It's cheaper to buy a 22nm-technology 3+ GHz quad-core CPU than it is to get someone to look at your hangnail.

And there's nothing wrong with shining shoes. Per Ricardo's law of comparative advantage, even non-cyborgs have a place in the free market. Unless their job is destroyed by minimum wage laws.


Thu, 05/19/2011 - 16:48 | 1293253 Derpin USA
Derpin USA's picture

It will absolutely be used for evil. It will be used as a means of control and complete slavery.

Thu, 05/19/2011 - 15:24 | 1292852 InconvenientCou...
InconvenientCounterParty's picture

The ultimate irony?

Committing suicide with the belief you are being murdered.


Thu, 05/19/2011 - 15:33 | 1292901 sgorem
sgorem's picture

you mean kinda like having a 666 tattoo on your forehead? where did I read that............

Thu, 05/19/2011 - 16:34 | 1293175 PaddyFields
PaddyFields's picture

Its a supreme irony alright. Trying to express ones individuality through what is in effect conformity.

However, I'm not sure if I agree that Miami Ink is part of a centrally planned "assume the position" campaign being executed over decades




Fri, 05/20/2011 - 11:54 | 1295662 Hunch Trader
Hunch Trader's picture

The USSR television was rich on emotional drama... it's very cheap for the governing classes when the sheeple stay busy with their emotions.

The USSR produced leading academicians in almost every field. Yet most of them were unable to better their personal lives in any ways, and lived in same pre-fabricated housing blocks as everybody else...

The western world is slowly transitioning to a more advanced degree of socialism.


Fri, 05/20/2011 - 11:57 | 1295687 Hunch Trader
Hunch Trader's picture

(double post)

Thu, 05/19/2011 - 14:04 | 1292463 Alex Kintner
Alex Kintner's picture

Krieger is a Dingle Berry!

The "Slut Walks" are protesting the police who said "Women should avoid dressing like sluts in order not to be victimised" . So its the victims fault again Krieger? You fuking Dingle Berry!

Too bad he lost all credibility with his final paragraph.

Thu, 05/19/2011 - 14:05 | 1292484 centerline
centerline's picture

So all the good parts before it are invalidated?  Sheesh.  You must be a lawyer!

Thu, 05/19/2011 - 15:10 | 1292676 Pegasus Muse
Pegasus Muse's picture

Guess this guy has not noticed how young women dress these days -- like sluts, many of them, sporting their Tramp Stamps.  It is a virulent sociopathy.  Older women are starting to do the same.  These women degrade themselves then wonder why "we get no respect".  Sad, really.

Thu, 05/19/2011 - 15:18 | 1292839 kito
kito's picture

at least they are "free" to do it. maybe our central state should begin mandating dress codes as well?

Fri, 05/20/2011 - 11:36 | 1295561 Pegasus Muse
Pegasus Muse's picture

No.  These women should quit degrading themselves.  If ya dress hooker don't get upset when you're treated like one.    

Fri, 05/20/2011 - 11:34 | 1295562 Pegasus Muse
Pegasus Muse's picture

No.  These women should quit degrading themselves.  If ya dress hooker don't get upset when you're treated like one.    

Fri, 05/20/2011 - 11:40 | 1295563 Pegasus Muse
Pegasus Muse's picture

No.  These women should stop degrading themselves.  If you dress slut don't get upset when they treat like one.    

Thu, 05/19/2011 - 14:32 | 1292617 ebworthen
ebworthen's picture


What the police were saying was "Don't egg-on the baboons because we can't be everywhere to save you."

Sure, girls can dress like sluts and strut it around, nice to watch, but it is like standing too close to the bars of the cage at the zoo and making fun of the Gorillas or Llamas - sooner or later you are going to get some poo flung your way or spit on.

It is not judgement - it is advice.


Thu, 05/19/2011 - 17:04 | 1293327 Alex Kintner
Alex Kintner's picture

Well, maybe its time to buy your sweetie that Burqa. :-)

Thu, 05/19/2011 - 16:51 | 1293282 Derpin USA
Derpin USA's picture

He's saying that there's something wrong when people will protest over something like that, but heave a collective sigh about being ripped off left and right. Shit, can you imagine the protests if the government forced Fox to remove American Idol from the airwaves? That would start a revolution.

Thu, 05/19/2011 - 14:02 | 1292466 sbenard
sbenard's picture

I love that Kennedy quote. Just the quote, not the man.

Thu, 05/19/2011 - 14:08 | 1292483 NOTW777
NOTW777's picture

wonder what he would think about a nation judging his 100s of concubines

Thu, 05/19/2011 - 14:07 | 1292472 nah
nah's picture

the corporate elitists buy bonds... so they dont need to pay taxes... they own states, the stock market is just one of the most liquid engines for trading debts... so the FED puts money in the piggy bank for the insolvent bad paper producing globalists


at least they arent brown stinky smelly gods

Thu, 05/19/2011 - 14:06 | 1292473 sbenard
sbenard's picture


When the only tool you have is a hammer, everything looks like a nail.

Thu, 05/19/2011 - 14:10 | 1292489 Birddog
Birddog's picture

A nation that is afraid to let its people judge truth and falsehood in an open market is a nation that is afraid of its people.

- John F. Kennedy

statement  above says it all...

Thu, 05/19/2011 - 14:15 | 1292512 centerline
centerline's picture

+1 and commodities smack down.  Was painfully obvious and predictable.  Coincided nicely with the USD pushing towards the "bombs away" threshold.

Here's to more smack down so I can grab some more PMs on the cheap!

Thu, 05/19/2011 - 14:08 | 1292497 Atch Logan
Atch Logan's picture

Nor do I care about personal lives or freedoms.  But anyone who marks his/her body in any way is great foder for the police state; the cops love it, and you all are on record (check out your tatoo parlor and its privacy, girls).  You will all be the first to go. Anything recorded on the internet is in the local police/feds hands.

Thu, 05/19/2011 - 15:44 | 1292950 Mudflap
Mudflap's picture

And yet here you are giving them more ammunition against you?  If you really believe what you are saying you would be long gone.  So that means you are just trying to get a rise out of people OR you are an utter failure by your own definitions OR you are sacrificing yourself for the rest of us??  Whichever, what a waste of your time...

Thu, 05/19/2011 - 14:11 | 1292507 Atch Logan
Atch Logan's picture

And, sbenard, you little troll, you probably weren't even alive when Kennedy was here; so much to judge little boy/girl.

Thu, 05/19/2011 - 14:43 | 1292541 sbenard
sbenard's picture

Yeah, I was here!

But that's what happens when you make baseless assumptions. You make a fool of yourself, loser! Don't worry! I won't make the same erroneous and unfounded assumption about you!

"Troll"? Does throwing about baseless and derogatory terms make you feel good? You reveal more about yourself in using such words, and nothing about me.

I've been visiting and posting comments at ZH for many months -- far longer than you have. The term "troll" is usually used to describe a person who disagrees with the creators of a website and the majority of its readers, and writes derisive, antagonistic, or inflammatory remarks intended to provoke -- kind of like YOU just did. I hardly qualify under that category, since I share most of the same perspectives as Tyler and most of his other writers. But that appears to be another false assumption on your part, doesn't it? And unlike you, I don't engage in belittlement or name-calling -- present company deservedly excepted!

If you misunderstood and misinterpret my comments, that again says something about you, not me. It goes to character, your honor!

Thu, 05/19/2011 - 14:16 | 1292517 sbenard
sbenard's picture

Good article. Thanks, Mike!

We're all distracted now!

Thu, 05/19/2011 - 14:20 | 1292532 AldoHux_IV
AldoHux_IV's picture

Perfect timing on the article

Thu, 05/19/2011 - 14:19 | 1292543 lieutenantjohnchard
lieutenantjohnchard's picture

self respect, reasoning and logic among the people indeed is the fear of emperors. that's why hard assets such as gold and silver throughout the ages resonate with many people. the emperor has difficulty controlling such people.

Thu, 05/19/2011 - 14:37 | 1292616 Dr. Acula
Dr. Acula's picture

Governments hate gold and silver because it forces them to resort to obvious crimes like robbery to survive.

These criminal parasites prefer employing things like counterfeiting ("monetary policy") and selling enslavement futures ("Treasury bonds"), as the crimes are then less obvious.


Thu, 05/19/2011 - 14:49 | 1292682 lieutenantjohnchard
lieutenantjohnchard's picture

exactly correct.

Thu, 05/19/2011 - 14:27 | 1292572 AldoHux_IV
AldoHux_IV's picture

Perfect timing on the article

Thu, 05/19/2011 - 14:29 | 1292588 WineSorbet
WineSorbet's picture

Excellent article, Mike.  Your observation in the last paragraph is spot on.  If you haven't already, read Margaret Atwood's, Oryx and Crake and the Year of the Flood.  She nails this stuff.

Thu, 05/19/2011 - 14:33 | 1292619 Dr. Engali
Dr. Engali's picture

Good article. Thank you for the link.

Thu, 05/19/2011 - 14:39 | 1292633 Vic Vinegar
Vic Vinegar's picture

The day the $ loses world reserve currency status may be the day protests start in the US.  By then, of course, it will be too late.  So why not enjoy this secular bull market in sluttiness in the meantime?

Thu, 05/19/2011 - 14:39 | 1292650 gwar5
gwar5's picture

Control of the markets and media propaganda is essential for the central planners to maintain the illusion that they know best so they can continue the plunder.

300 million diverse individuals already know what is best for their lives are much wiser than a cartel driven by narrow self interest. 

We are undergoing a coup and an American style 'Great Leap Backwards'.

Thu, 05/19/2011 - 14:46 | 1292659 firefighter302
firefighter302's picture

Great Article.

Those who rely on the government for anything, will be disappointed. Liberal hand-out's are trap to control those of lower character, meanwhile many are duped to believe that living off their neigbors is noble and justified. Horay for them, they are most often just selfish and lazy.  

Logic, common sense, self-reliance are indeed the fears of the elite few.  As are, we who believe in the original documents and who are not going to bow to any man. And those who use their ingenuity to avoid unjust penalties and taxation, legally. In spite of an unlevel playing field.

And if you believe that will all answer to our Maker, someday?  Well, I think that would be the time to have been honest and true to God's laws while we were on Earth.

Barry Goldwater's student,


Thu, 05/19/2011 - 14:47 | 1292673 Atch Logan
Atch Logan's picture

Well, sbenard, I am glad you have been in here for months, and I am glad you and Tyler agree, and I am glad all of you in here agree with sbenard and Tyler, but obviously I do not.  Good article, Mike.

JFK was a great man and a good President. He stood up to Russia and to the Fed. He was a tolerant man.  I guess people do not like him because he was Catholic and liberal for the time. 

As for you and Tyler not liking me, well, so be it.  If Tyler wants me out of here, so be it. Big deal. But the reason for a web site is for free and independent comments. Free thinking and free speech.  Obama and his don't want this now; are you part of this?

Thu, 05/19/2011 - 17:23 | 1293427 thriftymost
thriftymost's picture

Yes, Judeo-Protestant Amerikkka has a one hundred percent mortality rate for its Catholic presidents.

What were you expecting?

Thu, 05/19/2011 - 16:39 | 1293197 zaknick
zaknick's picture

JFK was one of THE great men of history. I pray to his soul for wisdom and guidance for free yet duped humanity. He gave his life attempting to warn you, his beloved American countrymen. NOTW77 dishonors himself with bankster Kool-Aid.

Mike is a worthy follower of JFK's hallowed footsteps.

Thu, 05/19/2011 - 17:47 | 1293544 akak
akak's picture

How in the HELL was JFK one of "the great men of history"?  You can NOT be serious!  He was just another statist sociopath, no different from those who occupied the office of the presidency before and after him.

Thu, 05/19/2011 - 21:02 | 1294078 rsnoble
rsnoble's picture

They probably weren't as succesful in the 70's because skynet wasn't around to pass out digital zeros.

Thu, 05/19/2011 - 21:59 | 1294218 Anonymous Comment
Anonymous Comment's picture

OK.  Thanks for the links.

As far as the slut walks...  It is about a bit more than the 'right to be dirty'.  Historically if a women who is/was promiscuous was raped, her sluttiness would be considered the 'cause' of what happened to her.  The idea goes that if a woman is slutty she is asking to be raped.  These 'slut walk' women are marching to say that slutty is not a crime, nor is it an excuse for crime or abuse towards women.

That being said, being slutty does seem to be a 'dangerous lifestyle'.  Not all of the slutwalkers are actual sluts, mind you.  Nonetheless, your point stands.

Fri, 05/20/2011 - 07:06 | 1294894 shortus cynicus
shortus cynicus's picture

When faced with a complete credit collapse of proportions never seen before in recorded history there were and are only two “tools.”  It’s the two P’s:  Printing and Propaganda.

Sorry Mike, you missed the main tool: WAR.

I just point one episode from history. Read about 

There is speculation, that to avoid a devastating hyperinflationary crash of this ponzi schema, Hitler was "forced" to start a war against Poland much earlier (in 1939) as anticipated (in 1941).

State of national emergency is the only way to efectivly extend and preetend.

Financial virus don't care about consequences to the host. It hopes to move assets to another victim before critical collapse happens.

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