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March Non Farm Payrolls: +162K, Below Consensus, Unemployment Rate 9.7%, Ex-Census, Weather and Birth-Death NFP Change Is -67K

Tyler Durden's picture




 

Summary of Data:

From Stone-McCarthy:

At first blush, about one quarter of the increase in March payrolls appears to be related to the hiring of census workers and another half of the gain seems to be a payback from the weather-related distortions of February. The February payroll decline of 36,000 was revised to a loss of 14,000 while the 26,000 decrease in January payrolls reported a month ago was revised to a gain of 14,000. Thus, there was a cumulative 62,000 net upward revision to January and February payrolls.

Census additions were 48,000 and the weather impacts is expected to be about 100,000, thus the net organic add was just barely positive. Keep in mind the birth-death in March was +81,000 (vs. 97,000 in February) for the adjusted metric, so one wonders how much of this gain was purely adjusted on paper. If one excludes birth-death we get -67,000.

The U-6 rate increased by 10 bps, to 16.9%.

Average hourly earning decreased by 0.1% to $22.47 even as the average weekly hours increased by six minutes to 34 hours.

The question on everyone's mind: is this statistic improvement in the data sufficient for the Fed to reconsider ZIRP.

The answer is a resounding no. Although keep an eye on the 10 Year. We may just break 4% today.

 

Below is the Statement of Keith Hall, Commissioner of the BLS

Nonfarm payroll employment rose by 162,000 in March, and the unemployment rate was 9.7 percent for the third month in a row. Job gains continued in temporary help services and in health care, while job losses occurred in financial activities and in information.  The March employment increase also included 48,000 workers hired by the federal government for Census 2010.
    
Temporary help services employment increased by 40,000 in March.  Since last September, employment in this industry has grown by 313,000, or 18 percent.
    
Health care added 27,000 jobs in March, compared with an average monthly gain of 18,000 over the prior 12 months.  Mining employment rose by 8,000 in March.  This industry has added 31,000 jobs since last October.
    
Federal government employment rose over the month, reflecting ramped-up hiring for Census 2010.  In March, the Census Bureau brought on 48,000 temporary workers.  Employment in state and local governments was essentially unchanged.
    
Manufacturing employment continued to trend up in March. Over the last 3 months, manufacturing has added 45,000 jobs, with most of the gains in durable goods industries.
    
Construction employment held steady in March.  This industry had shed an average of 72,000 jobs per month in the prior 12 months.
    
Employment continued to decline in financial activities (-21,000) and in information (-12,000) in March.  Other major
industries showed little change in employment.

Average hourly earnings of all employees in the private sector declined by 2 cents in March to $22.47.  Over the past 12
months, average hourly earnings have increased by 1.8 percent. From February 2009 to February 2010, the Consumer Price Index for All Urban Consumers (CPI-U) rose by 2.2 percent.
    
Turning to measures from the survey of households, the unemployment rate held at 9.7 percent in March.  Over the month, jobless rates for the major worker groups showed little or no change.
    
Of the 15.0 million persons unemployed in March, 6.5 million had been jobless for 27 weeks or more, an increase of 414,000 over the month.  These long-term unemployed made up 44.1 percent of all unemployed persons, a record high.
    
The employment-population ratio was 58.6 percent in March. This measure has been trending up since its recent low of 58.2 percent in December.  Among the employed, the number of individuals working part time who preferred full-time work increased in March to 9.1 million.
    
In summary, nonfarm payroll employment rose by 162,000 in March, and the unemployment rate held at 9.7 percent.

 

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Fri, 04/02/2010 - 08:40 | 284074 HelluvaEngineer
HelluvaEngineer's picture

Well, I don't know about you, but Bloomberg said this is a *great* report.

Fri, 04/02/2010 - 08:47 | 284079 Astute Investor
Astute Investor's picture

BB utilizes the grading on a curve methodology when it comes to interpreting economic data....

Fri, 04/02/2010 - 14:33 | 284520 faustian bargain
faustian bargain's picture

lol...curves are so...Gaussian.

Sat, 04/03/2010 - 12:14 | 285132 -1Delta
-1Delta's picture

+1 buy, buy, buy !!!

Sat, 04/03/2010 - 07:27 | 285036 B9K9
B9K9's picture

**Wondering** I enjoyed reading your late posts. Since this thread is becoming stale, I'm going to post a reply here in the off chance it might catch your eye.

When I (and I presume a few others) refer to those who do not understand the workings of the machine, I am not referring to the obvious surface level events we see transpiring on a daily basis. Nor am I positing an opinion on the effectiveness of the mass propaganda campaign designed to encourage people to resume leveraging their various portfolios (or lack thereof).

No, what I am addressing is the lack of understanding regarding the basic underlying nature of our money-credit system. That is, the absence of recognition that the ultimate purpose of our credit-lending system is to transfer all productive assets to a few. This results from the inevitable outcome of the exponential function of compounding principal+interest that dictates, over time, that all underlying collateral is forfeited.

Full.Stop:This.Is.The.Reason.For.The.Entire.Exercise.

This game has been repeated countless numbers of times over thousands of years. Riddle me this: why does the world's leading theological tome concern itself with numerous prohibitions regarding a certain business practice? What does it have to do with the real juicy stuff like coveting some forbidden ass, or taking out an annoying neighbor? Can we, by inference, assume that perhaps various authors, from ages long past, might have been issuing warnings they believed to be of critical importance to future and unborn generations?

My concern is not to read the people's mood. I care not a whit how they may or may not feel because it has absolutely no bearing on the final outcome of the game. That's why I believe it's an utter waste of time to participate in any level of political activity or discourse. The sheep can rail, whine & complain all they want, but awareness doesn't prevent the stun-bolt gun from being applied to their cranium.

The end results we are currently experiencing were already baked in when this short-term cycle was begun some 65 years ago. (The medium-term cycle is 97 years old & long term cycle is 316 years old.) We are merely witnessing the last 'takings' before the jets depart for safe houses spread around the globe in various extradition-proof locales.

My objective is to be part of the reformation. I want to help capture and bring these criminals back to justice. I want to help reform, design & implement a new, more just economic system after this one collapses. I have no concern about the coming social chaos, only a hope of surviving so as to participate in the re-building.

Hopefully, among the first things that will be changed, along with the obvious things like abolishing the Fed, IRS & implementing term limits, will be an emphasis on teaching about the dangers of the prior corrupt monetary economic system and its enslaving effects on previously free people.

Sat, 04/03/2010 - 08:12 | 285048 B9K9
B9K9's picture

Reposted from CD's blog entry:

CD: the entire purpose of the ZH blog is to expose the lies of the Ponzi and to speak truth to power.

CD, I have a slightly different take, as I recently expounded on the dying payroll report thread. ZH may have originally set out to expose the lies and 'speak truth to power', but given the speed and rapidity of recent affairs, that function has already been surpassed.

The events we are currently experiencing were set in motion decades ago. As Mako has stated not infrequently, the end game we are now part of was launched before we were even born. So actions are going to transpire as they must, regardless of what we may or may not do, whether we accept or deny they are occurring, or even protest against or advocate for necessary changes.

If this is the case, and I believe it to be so, then the real opportunity is to begin preparing for the post-war re-building period. By way of example, how many people know that post-WWII planning began only months after the USA entered the global fray? What, you thought there was any chance the Allies might lose? LOL

So in this regard, we have two knowns:

  • The system is going to crash - hard; and
  • The American republic is going to be re-established. (IOW, I believe the 'preppers are going to prevail.)

So the real opportunity is to begin preparing for the re-building phase. A shattered people are going to need to understand not only why the past events occurred, but what necessary controls & precautions will need to be put in place to prevent any future recurrences.

Sat, 04/03/2010 - 10:50 | 285095 Cognitive Dissonance
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B9K9,

I have spent (and continue to spend) considerable time following this train of thought to it's end point as well and I've also come to the inevitable conclusion that this freight train is beyond the point of no return and will eventually run off the tracks. In fact, I came to the same conclusion from many different directions after I decided either that my original thinking was flawed or I missed something along the way. So I tried alternative paths to prove or disprove the theory. Same result.

Being extremely aware of the presence of my own ego I then began to explore if I was intentially creating the same outcome in order to remain passive and safely buried in my bunker with my years supply of emergency food and my back issues of Playboy. But then I realized that man's decadence will assure me an ever lasting supply of porn regardless of what happens so I jettisoned the Playboy, freeing up room enough for another 10 years supply of food. But then I saw the flaw, which was suddenly so obvious I became furious with myself. Damn, I could have had a V8. :>)

Of course, your speaking of the ultimate lesson in The Matrix trilogy, that Neo wasn't the first and won't be the last. Unless! You speak of henchmen and operatives departing on planes to waiting lairs when the apocalypse is upon us. You speak of cycles, small ones inside larger ones inside even larger ones. Which means those operatives will eventually depart from the safety of their enclaves and begin the enslavement of the human race once again. And if the cycles are to be, there is nothing you can do to stop them.

This is why I have been focusing on and will continue to focus on personal development and why I speak publicly about it here on ZH. Because as long as the slave stock remains the same in each cycle, the powers that be will always be able to round us up for their productive purposes and to our detriment. Our only hope is that we develop mentally, spiritually and emotionally faster than they can corral. I think we can. Thus I try.

Sat, 04/03/2010 - 16:31 | 285314 merehuman
merehuman's picture

CD I am so grateful you speak for me . I cant write it as well as you do. One unit of awareness to another. Thanks from all of me!

PS its a dead tread now so you probably wont even see it.lol

Sat, 04/03/2010 - 17:37 | 285355 Cognitive Dissonance
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No worry merehuman, my big ego compels me to come back and see if anyone responded. :>) 

Thank you for your contributions as well.

Mon, 04/05/2010 - 11:18 | 286432 WaterWings
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Same here, CD.

Sat, 04/03/2010 - 10:46 | 285097 SWRichmond
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then the real opportunity is to begin preparing for the post-war re-building period.

This is now my almost complete focus for future activity.  I am engaging in this at the state government level with an ever-increasing level of effort.  It will begin as educational and awareness-building, plus the forging of relationships.  IMO we know what's going to happen, just not how soon.

A shattered people are going to need to understand not only why the past events occurred, but what necessary controls & precautions will need to be put in place to prevent any future recurrences.

The Austrian School and the Mises Institute provide the intellectual basis for this effort.

Mon, 04/05/2010 - 00:20 | 286173 bc0203
bc0203's picture

+1

Sun, 04/04/2010 - 22:57 | 286124 Wondering
Wondering's picture

I hope so B9K9. As a person in my mid fifties with two 22 year olds, I just want to make a difference for them in the 15-20 years I have left

Sat, 04/03/2010 - 01:26 | 284944 erik
erik's picture

this is from Standard & Poors website dated March 18, 2010.

The real worry is that the U.S. economy could do worse than portrayed in the pessimistic scenario. The parallels between the U.S. today and Japan at the beginning of the 1990s are too clear for comfort. In both cases, heavy capital losses from property loans constrained the banking system. In Japan, the losses were more on commercial property loans, but residential prices also dropped sharply a bit later in the cycle. Nonperforming loans reduced bank capital and thus limited the banks' ability to make loans. Although the Bank of Japan poured liquidity into the system, lowering the base interest rate to 0% by 1998, banks were still not making loans.

The result was a decade of economic stagnation, with growth averaging 0.8% from 1992 through 2002. Home prices remain 30% below their peak, and the Nikkei stock index is still trading at one-fourth its level of 20 years ago.

However, some things didn't happen. Inflation was not a problem. Despite the Bank of Japan's liquidity injections, the problem through the period was deflation, not inflation. The CPI dropped an average 0.1% a year from 1995 to 2005. Unemployment remained low (averaging less than 5%) because the weak investment slowed productivity growth, and the demographics created slower growth in the labor force. In addition, infrastructure programs resulted in higher employment, though with little impact on growth.

Could the U.S. replicate Japan's experience? The problems are similar, and the hope is that the Federal Reserve and the U.S. government have learned from Japan's mistakes. The Bank of Japan was still concerned about inflation well into the 1990s, when deflation had already become the problem. As a result, it was too slow to shift to a more expansive monetary policy. The Bank of Japan and the government tried to postpone dealing with the capital problems at the commercial banks, expecting them to grow out of their constraints. Instead, the constraints prevented growth. The government used fiscal stimulus (especially infrastructure spending) repeatedly, resulting in a rise in government debt to 150% of GDP and the loss of the 'AAA' rating on Japan's bonds. However, the stimulus never succeeded in creating growth beyond what the expenditures themselves caused.Could the U.S. replicate Japan's experience? The problems are similar, and the hope is that the Federal Reserve and the U.S. government have learned from Japan's mistakes. The Bank of Japan was still concerned about inflation well into the 1990s, when deflation had already become the problem. As a result, it was too slow to shift to a more expansive monetary policy. The Bank of Japan and the government tried to postpone dealing with the capital problems at the commercial banks, expecting them to grow out of their constraints. Instead, the constraints prevented growth. The government used fiscal stimulus (especially infrastructure spending) repeatedly, resulting in a rise in government debt to 150% of GDP and the loss of the 'AAA' rating on Japan's bonds. However, the stimulus never succeeded in creating growth beyond what the expenditures themselves caused.

Despite the similarities, there are also differences between Japan's situation and the current one in the U.S. One problem in Japan is that consumers reacted to weak growth and the loss of wealth by sharply increasing their saving rate, pushing the country into a classic Keynesian liquidity trap. Americans so far don't seem to be letting prudence get in the way of spending to the extent that Japanese consumers retrenched. The more open U.S. financial markets should permit a quicker resolution of the problem, though political populism could still prevent the needed fixes. The approach of the baby boomers to retirement will cut growth in the labor force, though not as sharply as in Japan in the 1990s.

The U.S. also has some dangers that Japan didn't face. U.S. reliance on foreign capital exposes the financial markets to greater risk than Japan, which was a major capital exporter. The low U.S. saving rate has both positive and negative implications for the outlook, especially given the retirement needs of the baby boomers. Out-of-control health care costs are imposing a fiscal risk on the U.S. that wasn't apparent in Japan in the early 1990s. Our hope is that policymakers in the U.S. have learned from Japan's failures. But Congress and the press seem determined to repeat many of the same mistakes.

We are not putting numbers to this scenario. It is a longer-term problem than our usual five-year economic projection, but the risk needs to be acknowledged.

http://www.standardandpoors.com/products-services/articles/en/us/?assetI...

Sat, 04/03/2010 - 10:20 | 285085 Vendetta
Vendetta's picture

They all say that.  Less bad from counting games is good.  Ignorance is strength ... yada, yada, yada

Fri, 04/02/2010 - 08:41 | 284076 sysin3
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buy, buy, buy

Fri, 04/02/2010 - 08:44 | 284078 filletandrelease
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TPTB played that very well.  Under reporting census hiring so that the number was not to hot, but not too cold. 

Fri, 04/02/2010 - 09:17 | 284121 Cognitive Dissonance
Cognitive Dissonance's picture

Agreed. It seems the numbers are being managed not to make them look the best they can but for what the market will tolerate. Thus the reason they down played the census hiring, to make the private sector hiring "look" better. Not so much to justify raising interest rates (at least not much) but enough to continue the illusion that things are getting better and the end is in sight.

Of course, that $333 Billion of net Gvt borrowing in March 2010 has no consequences because things are getting better. I've been asking people if they think all this borrowing will be paid back. While many express doubt, they actually think the US did pay back the deficit in the 1990's, when there was the so called balanced budget. Most people think that meant we paid our bills and didn't owe any money.

The dumbing down of America is proceeding nicely.

Thu, 07/14/2011 - 18:41 | 284143 Shocker
Shocker's picture

I agree totally, you really got to step back and say does this make any sense. Everything seems to keep getting worse but all theses jobs are getting created??? Doesn't make any sense.

 

Fri, 04/02/2010 - 09:32 | 284150 Sqworl
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CB..always a pleasure to read you...yes, the sheeple coming home to graze!!! :-)

Fri, 04/02/2010 - 09:39 | 284160 jeff montanye
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i have gotten that too: bare surpluses during clinton's second term are interpreted by many to mean all the debt from reagan and bush 1 (and prior) had been paid off.  must have been all that public worry from greenspan about the demise of the long bond.  well he certainly solved that problem!  

Fri, 04/02/2010 - 13:56 | 284468 Reductio ad Absurdum
Reductio ad Absurdum's picture

The debt in the Reagan/Bush years was due to increased military spending which brought an end to the Cold War. Clinton then inherited the "Peace Dividend," which should have been used to dramatically reduce debt but no politician in a pluralistic democracy is capable of doing that.

Sat, 04/03/2010 - 03:44 | 285006 pawninthegame
pawninthegame's picture

that's another canard

 

the soviets were a decrepit dying system

 

the military spending by the US govt is mostly graft or waste or both

 

don't justify it, or take credit for the collapse of the second most powerful empire in the history of mankind, because it's simply not true

talk about self-delusion/national-delusion

watch this: http://www.youtube.com/watch?v=Q4-rJl_vNb4

 

better luck next time, smartypants

Fri, 04/02/2010 - 09:57 | 284187 Ripped Chunk
Ripped Chunk's picture

Has been for 40 years. Some say 80.

Fri, 04/02/2010 - 14:11 | 284485 sheeple
sheeple's picture

"Of course, that $333 Billion of net Gvt borrowing in March 2010 has no consequences because things are getting better."

 

You meant: "Of course that $333 billion of net Gvt borrowing in Mar 2010 is the consequence of things getting better."

Fri, 04/02/2010 - 15:21 | 284561 Cognitive Dissonance
Cognitive Dissonance's picture

LOL

My bad!

Fri, 04/02/2010 - 08:56 | 284081 Renfield
Renfield's picture

OK so this was weird.

When that report got released the EURUSD pair rose about 15 points right away - of course - then DROPPED about 30 points in like 30 seconds - bounced like a rubber Easter bunny for the next few minutes and ended DOWN a bit.

It's on the way down now - a plummet not to put too fine a point on it.

The US report is dismal, and someone rushes to SELL the euro? And then makes sure it stays down. Freakin aggressively too.

Weird. I haven't been doing this very long, but to me this particular move just looked aber strange.

Fri, 04/02/2010 - 09:04 | 284102 Missing_Link
Missing_Link's picture

What's weird about it?

Almost every single move in the stock and currency markets is designed to fool you and take your money.  The illusion that it should have anything whatsover to do with fundamentals, or an appropriate reaction to the news, only helps them pull the wool over your eyes.

It's just like the last couple times the Chicago PMI numbers were released.  Grim news is sold off 3 minutes in advance (exactly when the PMI "sneak peek" subscribers get the early data), then blown through the roof in a short squeeze.

They never even looked at the Chicago PMI numbers.  The numbers didn't have anything to do with it.  They would have laid the same trap no matter what the numbers were.

Sell -> short -> buy -> cover -> sell at the peak -> take the suckers' money laugh all the way to the bank (which usually requires no movement whatsoever for those involved, since they already work in a bank).

Fri, 04/02/2010 - 09:10 | 284108 Renfield
Renfield's picture

Still sellin like a sonofabitch.

I'm used now to looking for a sudden movement an hour or so BEFORE the report is released, and putting in a small position then. You know, when all the *legitimate* trades go quiet, waiting for the Big News to break.

Man, with subtlety like this, no wonder they're the smartest guys in the room...

Fri, 04/02/2010 - 09:15 | 284117 Renfield
Renfield's picture

Just rocked past 1.35...and falling. Guess we can't blame the momentum guys for not fighting the tape.

Fuckin SUBTLE, but.

Fri, 04/02/2010 - 12:02 | 284357 SWRichmond
SWRichmond's picture

Almost every single move in the stock and currency markets is designed to fool you and take your money.

Absolutely.  Stop trading.  Pop some popcorn.

Fri, 04/02/2010 - 12:32 | 284381 Renfield
Renfield's picture

Hey SW

's OK, my little trading level wouldn't match the firepower of a fart in a windstorm. I do a few little trades each day, in quick and out quick, grab a few pips and out I am again. It's just the paper game to be able to exchange for real things, bullion and food, a few commodity shares...but definitely not committing to much in these markets because I don't know enough, and I trust them even less! It's just my wages, not my wealth.

But, you give good advice...one can never eat enough popcorn!

Fri, 04/02/2010 - 13:10 | 284420 SWRichmond
SWRichmond's picture

I suck at timing, so I don't even try.  Popcorn, on the other hand, is good for you.

Fri, 04/02/2010 - 14:52 | 284538 Rusty Shorts
Rusty Shorts's picture

Missing_Link,

You're right, the system is completely stacked against the investor, here's a excellent overview;

 

http://www.youtube.com/watch?v=5TQhl58GAxI

Fri, 04/02/2010 - 08:51 | 284082 ZackAttack
ZackAttack's picture

That report flat-out sucked, what with all the calls I've been seeing for a big blowout number above 350K.

Fun fact:

 

"The number of long-term unemployed (those jobless for 27 weeks and over) increased by 414,000 over the month to 6.5 million. In March, 44.1 percent of unemployed persons were jobless for 27 weeks or more."

...

About 50K anti-jobs: "Employment in federal government was up over the month, reflecting the hiring of
48,000 temporary workers for the decennial census." 

 

Then you look at what the birth-death model added... Construction + 14K, Leisure +35 K. I guess "Leisure" includes new hookers.

Fri, 04/02/2010 - 08:56 | 284093 filletandrelease
filletandrelease's picture

The household report didn't suck that much.

Fri, 04/02/2010 - 10:45 | 284253 SheepDog-One
SheepDog-One's picture

Thats right ZackAttack, the entire employment picture is purely 2 month census takers and Craigs list wife-next-door hookers!

Fri, 04/02/2010 - 10:57 | 284265 Renfield
Renfield's picture

WILFs.

Fri, 04/02/2010 - 14:38 | 284528 faustian bargain
faustian bargain's picture

jeez, i need to move to a new neighborhood.

Fri, 04/02/2010 - 11:33 | 284327 deadhead
deadhead's picture

there are tons of people falling off the extended unemployment benefits......as I noted yesterday, 46,000 people in NY fell off the maximum 99 week this week and it was a big story in NY, catching headlines in at least the upstate NY pictures.  these people have no money to spend and the NY Dept of Labor was encouraging them to get public assistance, food stamps.  as we know, the BLS is not counting these people and the hundreds of thousands who have fallen off extended unemployment benefits: they simply disappear.  naturally, with no income, you know the rest of the story.

 

I would also note the clear paradigm shift by the Obamas over the past 3 weeks with Geithner (and romer, orszag) admitting the unemployment rate is going to stay high for quite a while.....perhaps setting up for yet another jobs bill, extension of unemployment etc.  

 

 

Fri, 04/02/2010 - 13:32 | 284444 Rainman
Rainman's picture

.....and to add some Left Coast , the only remaining CA car manufacturing enterprise closed yesterday in Fremont ( NIMMI....the GM/TM collaboration ).

In business since 1984. Job loss 4,700.

Additionally, 23,000 teachers got their pink slip warnings by the Mar. 15 deadline to take effect in May, a legally required 60-day notice.

UGH.

Fri, 04/02/2010 - 13:51 | 284462 deadhead
deadhead's picture

they are actually laying off teachers in NY....honestly, i never thought i would see the day due to the strength of the teacher's union....bottom line is that the money is simply not there.

 

also, the Gov in NY, due to their usual inability to meet the April 1 budget deadline, halted many payments including those for road construction....a bunch of projects simply shut right down.  

 

Fri, 04/02/2010 - 13:54 | 284463 Confused
Confused's picture

The history of this venture is fascinating. Such a shame. For all involved.

Fri, 04/02/2010 - 14:42 | 284531 assembler
assembler's picture

Actually, Tesla Motors is still going strong in CA. Their $135K Roadster is a real beauty.

Somebody has to make the car of desire for banksters!

Fri, 04/02/2010 - 16:09 | 284619 faustian bargain
faustian bargain's picture

Going strong with half a billion FRNs from the government.

http://www.sfgate.com/cgi-bin/blogs/bottomline/detail?entry_id=42210

Fri, 04/02/2010 - 08:51 | 284085 WineSorbet
WineSorbet's picture

The NY Times is blaming SNOWSTORMS.  DENIAL ain't just a river in Egypt!

Fri, 04/02/2010 - 09:17 | 284122 Confused
Confused's picture

That excuse is amusing. They were also saying that the snowstorms had NO affect on personal spending.

 

So it stops people from looking for jobs and houses....but not ipods? haha

Fri, 04/02/2010 - 09:38 | 284156 Cognitive Dissonance
Cognitive Dissonance's picture

While these discrepancies are obvious and even alarming to you and I, to the average Joe, who's walking around in a fog and not quite sure what's happening but not willing to look too closely, it feeds into their plausible deniability impulse.

Lies are not intended to change your or my mind. We know they're lying even when we can't point to "proof" of the lie. But to those who have been numb for decades, the 2008 meltdown was a shock to the system. They need constant reassurance that it's OK to go back to sleep and pull out that credit card, take that vacation, buy that new home.

It really is a confidence game, the root of the term "con game", and the head puppeteer is the Fed. Anyone who believes that the power base lay within CONgress or the President really does need to take the red pill.

Fri, 04/02/2010 - 09:41 | 284163 Renfield
Renfield's picture

I know what you're thinking.

Why oh why didn't I take the BLUE pill???

Fri, 04/02/2010 - 10:02 | 284193 Cognitive Dissonance
Cognitive Dissonance's picture

"I know what you're thinking. Why oh why didn't I take the BLUE pill???"

THE signature line of the Matrix Trilogy.

Fri, 04/02/2010 - 10:02 | 284196 Cookie
Cookie's picture

I took the blue pill....couldn't walk for days!!

Fri, 04/02/2010 - 18:18 | 284710 A Nanny Moose
A Nanny Moose's picture

Only purple pill is left. If you experience the ability to tell the truth for more than 4 hrs., consult your doctor.

Fri, 04/02/2010 - 21:48 | 284843 Mr Creosote
Mr Creosote's picture

Which do you think you'll see first in DC, a pol telling truth for 4 hours or the ever dreaded 4 hour erection?

Fri, 04/02/2010 - 10:20 | 284212 Confused
Confused's picture

CD,

I keep trying to explain to my significant other, but she just refuses to believe. Even after I lost a job at a big public bean counting labor mill and was forced to take a job as staff. She keeps telling me how people she knows are able to "find" jobs, and doesn't understand why I can't.

 

Very maddening.

 

She works in healthcare. :(  so she doesn't see it the same way (in terms of jobs)

 

Fri, 04/02/2010 - 10:56 | 284232 Cognitive Dissonance
Cognitive Dissonance's picture

For her to accept information contrary to her worldview requires lots of hard work and forays down scary dirt roads and drop offs on blind curves. In her mind what you're saying can be compared to a huge 500lb rock sitting in the driveway in front of her car, blocking her from moving forward. Her solution, that you're the problem, is just a little pebble that can safely be driven over on her way to maintaining her worldview.

You lose in that equation. Unfortunately, no one wants to discuss the dirty "C" word in this equation. That people who wish to remain in denial are cowards. I feel comfortable using that word because until I woke up a decade or so ago, I was a coward. I saw road signs all over the place and I knew deep down inside that they were important. But I lacked the guts, I wasn't brave enough to face the pain that lay ahead.

And then I did. But only because a crisis manifested and I had an epiphany. This moment of clarity gave me a few days of courage to take the red pill and move a step forward. Those first few steps allowed me to build just enough confidence to muster some more courage and take a few more steps.

Many here on ZH have probably experienced the same journey. It's frightening as hell. Of course, when in denial, we build the problem to such enormous proportions that we can safely see it as absolutely impossible, thus justifying our inaction.

Fri, 04/02/2010 - 14:17 | 284497 LeBalance
LeBalance's picture

+1 perfectly said

Fri, 04/02/2010 - 14:43 | 284532 faustian bargain
faustian bargain's picture

WTF are these 'junks' for, people? Are you just trying to illustrate CD's point?

Fri, 04/02/2010 - 15:26 | 284566 WaterWings
WaterWings's picture

Maybe you've already seen this CD:

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

And then what ordinary people think of ZHers:

http://www.youtube.com/watch?v=EiusAZZ5D8Y

Fri, 04/02/2010 - 16:54 | 284657 Cognitive Dissonance
Cognitive Dissonance's picture

No, I've never had the pleasure until now. Thanks for sharing.

The first one was funny but only because it was obviously a staged parody.

The second one was truly frightening. I honestly couldn't watch to the end because the flash backs to my past were too painful to relive. At one point in my life, many many moons ago and metaphorically speaking, I was that girl. I had to sink to enormous depths, which I still don't understand how I survived, in order to finally become desperate enough to pull out of that death spiral mentality.

I am eternally grateful for that desperation, for the absolute certain knowledge that I would die a horribly slow and agonizing death if I did not change. The blessed desperation of the damned. She is obviously not there yet.

Fri, 04/02/2010 - 18:24 | 284716 A Nanny Moose
A Nanny Moose's picture

+1. Ignoring fear makes the danger more dangerous.

WTF is with the chickensh!t junk flag?

Fri, 04/02/2010 - 21:32 | 284832 bbbilly1326
bbbilly1326's picture

"There are none so blind as those who WILL NOT see." anonymous ?

 

I call it Determined Naivetee, and it is so determined, that people will resort to violence against you (to keep their eyes closed), if you try too hard to open them.

Fri, 04/02/2010 - 10:34 | 284237 SDRII
SDRII's picture

Average joe knows about as much about the nonfarms payroll data as they do about locating chechnya or Baluchistan on a map. Waiting for gadot.

Fri, 04/02/2010 - 10:40 | 284242 Cognitive Dissonance
Cognitive Dissonance's picture

Of course. The question is why don't they learn. It's simple enough. 30 minutes will give them a good look at reality. They don't learn because knowledge is responsibility. To learn how bad it is, to learn that the Govt is lying about the recovery, means they must deal with the truth and all the anger, frustration and shock that comes with it.

So much easier to stay in denial. Much less work and more pleasant as well. Turn on the tube and be told what you want to hear.

"Calgon, take me away."

http://www.youtube.com/watch?v=HvE65VOcAL0

 

Fri, 04/02/2010 - 13:56 | 284467 Shell Game
Shell Game's picture

"They don't learn because knowledge is responsibility."

A-friggin'-men, another headshot CD

Fri, 04/02/2010 - 13:57 | 284469 Shell Game
Shell Game's picture

2x

Fri, 04/02/2010 - 11:07 | 284285 Confused
Confused's picture

+10

 

but we'll increase security presence in the subways.

Fri, 04/02/2010 - 17:59 | 284693 merehuman
merehuman's picture

you are all patting each other on the back about how smart and aware of the game you are. I am a 2 finger typist, barely computer literate(rolf?) but have been learning from you all.

Corrections are called for. ie

i am a sheetrock cont. 30 years , good at what i do and love the taping, applying the mud. Very zen for me. I am an average guy, dropped out first year in HS. been on my own since. Lots of folks just like me, but

1 dont have a computer, so all their input(news) is managed.

2 at the end of the work day there are chores,dinner, kids etc.(no time)

3 we elect folks to do that job and trusted them and the banksters.

4 we want it fixed and realize high finance is bejond our paygrade

5 many truly dont care for anything but filling the next desire

6 man doesnt know what it is.To be merely human is less than half a life fulfilled.

If you/we are better than that than its up to us to reach out and educate the masses in what ever way we can

I suggest /request a one page summary/explanation of our dilemma, filled with truth and summarized with a possible solution.

In essence we need to warn folks and i am asking you all to help. We as a group will judge which is best and then we send it out all over, utube ,Fbook etc as well as print fliers . Yes i will put one on each car, each home.

 

What say you Mates..? we been pirated and need free our selves

PS i am not smart enuf or good enuf writer.

Fri, 04/02/2010 - 19:21 | 284755 delacroix
delacroix's picture

I'm in, I can swing a part time flyer distribution gig

Fri, 04/02/2010 - 20:25 | 284796 Dicite justitiam
Dicite justitiam's picture

I suggest /request a one page summary/explanation of our dilemma, filled with truth and summarized with a possible solution.

As I see it, the solution is electing in a fresh set of representatives.  The problem is, that take a lot of money and power to do.  The money and power would make the rational decision to self-serve its interests.  Those without the money or influence that desire change do not have the wherewithal to promote this concept.

I saw a movement called "The Freshmen 50" that was designed to identify and support 50 new freshmen representatives to the US House of Representatives of any stripe (D, R, Q, Z, etc.) in 2010 that would support a fiscal responsibility platform.  I doubt it gets traction, even though there is a silent majority that would cheer the concept.

But barring that, electing a fresh face to the system that has the endorsement of a credible politician and is not a career politician or beset by special interests might be a solution.

Fri, 04/02/2010 - 21:03 | 284814 Renfield
Renfield's picture

This would be a good thread idea. I'd love to hear some of the regulars sound off, concise points in short words to create a one-page summary flier that paints a clear picture for the average guy. An open thread topic?

Fri, 04/02/2010 - 21:20 | 284825 Cognitive Dissonance
Cognitive Dissonance's picture

I no longer believe the problem is lack of information, regardless of it's format, brevity or content. I commented as such in response to an article by George Washington a few days ago. If I may, I am re-posting here. GW was asking how we could organize and reach others using blogs.

http://www.zerohedge.com/article/blogs-are-useful-extent-they-provide-information-hope-and-suggestions-concrete-action

----------------------------------------------------

GW,

Let me set the tone by saying there's a big difference between being realistic and being negative or just unwarrantably cynical. I've been posting and contributing here on ZH for nearly a year and my theme has been consistently one of awareness and understanding. We are hopelessly stuck in the mud and will remain there until we get out and conduct an honest assessment of the situation. To do anything less results in nothing but spinning wheels and flying mud.

Every time I think about the current state of affairs, it boils down to the chicken or egg dilemma. Or more aptly, we can bring a horse to water but we can't make it drink. I no longer believe the principal problem is a lack of information by the general public, though it appears that's precisely what the problem is. On the surface, the logical response to the deafening silence is that they must not understand what is going on. For surly if the did, they would act. But this is not so.

Over the years, both in the public at large and in front of my clients, when offered small crumbs of knowledge and understanding, nearly always it's refused, pushed away for any number of reasons. The proffered excuses are meaningless and immaterial because it's the knowledge that is perceived as dangerous to the public, not the lack of it. I slowly began to understand that knowledge is rightfully perceived as responsibility and for any number of reasons, the public doesn't want the responsibility to do anything other than what it has been programmed to do for the last 50 years.

Consume.

We aren't trying to wake a sleeping citizen, we're trying to convert a single minded and impotent consumer into an engaged and responsible citizen. This conversion can only be accomplished with the person's consent, otherwise the conversion isn't complete and the backsliding begins immediately. Not only has the public been trained only to consume but they've been broken like a horse in the most violent manner, with repeated applications of government sponsored fear mongering to frighten them into compliance. Once they are pacified, repeated and obvious examples of their subservience and powerlessness is thrust into their faces in the same manner an abusive spouse terrorizes the wife into submission. After awhile, just an ugly look or a raised voice is all that is needed to ensure she stays in line.

We need a horse whisperer, not raw information. We need inspiration and healing, a gentle hand and a kind voice. When a dog has been beaten for years, it knows what its condition is. But this understanding is not enough and in most cases, is counter productive and demoralizing. Faced with your own impotence, can you blame anyone for slipping back into the sweet embrace of denial and distraction. We can't start the healing process until either we or the tormentor is removed from the environment. Create a blog where people feel safe and they will come.

Our population is suffering from PTSD and the treatment for this affliction requires more than just (self) awareness of the symptoms and triggers. We are suffering from low self esteem and poor morale. A safe zone, a violence free environment, will re-energize people. Notice I didn't say a free speech zone. I'm talking about a place of refuge, for healing and growing which can also be a place to organize. But to allow shouting or rude behaviour will only drive people away. This is the primary reason many don't comment on ZH. They don't wish to be attacked. 

But also understand that anything that accomplishes this will be considered subversive by the powers that be and will be immediately attacked.

 

Sat, 04/03/2010 - 00:56 | 284935 merehuman
merehuman's picture

well then i will keep doing what i been a doin. Type my own flier. Did once before but it wasnt very good and the dollar was at 72 then.

True, many dont want to know and there are times i want to pull my hair out. My dog is not too smart either but i look out for him anyway.

 

Sat, 04/03/2010 - 01:40 | 284952 Apophis
Apophis's picture

I've only been aware of ZH for a few months and have only started posting recently, but I feel I've been watching this slow motion train wreck chug along for most of my life. 

For years I strove to be optimistic and to remain confident that humanity was intelligent enough and decent enough to make a stand and change course once it was clear that it really mattered. 

I can't make myself believe this anymore. 

Most people I talk to have an awareness of the great ponzi to some degree, they just really don't give a shit.  People here are very much pleased with their distractions and are quite offended if you try bring up anything "depressing" like "reality."  Violence, hunger, poverty, pestilence, ...revolution,... are all things you see in far off places on TV, not here, that shit doesn't happen here.

"All that was once directly lived has become mere representation"

How much longer can the charade continue?  What say you Simon?, Malthus?

RISK is the landscape presented...  How many Black Swans can you count in this picture? -See if you can collect them all!!!

Is it time to start forming enclaves in earnest?  Is it too late?  Would it do any good?

My worst nightmare is that it just continues.  Ignorant vapid wasteful, consumption for consumption's sake.  Surface, surface, surface...  Mommy, Mommy!!  Do you think one day they'll have shopping malls in space!?!?

How many of you have heard that familiar refrain:

"Well, there's nothing I can do about it, so I just try to be happy..."

Hey, I'm one to talk.  I'm no millionaire but I'm still better off than most Americans.  With a solidly middle class income, a glass of Talisker in hand and a home filled with luxuries that the majority of people around the world could only dream of...  If they dream of such things.

My actions so far in terms of "doing something about it" have been small and relatively timid.  I have some means of defense, some silver (gold is above my pay grade), and I'm trying to educate myself about socio, politico, enviro, econo-metric issues as much as possible...  But what does it amount to?  How the fuck would I feed my family without "the system" there to supply the supermarket? Is the most sane course of action really to stop paying my mortgage, raise as much cash as possible, and then move to arable land and start learning subsistence agriculture ASAP???

I welcome any and all opinions...

But the only end I see anymore is the Inferno.  I cannot predict the timing of it's arrival, or what form it will take... Even so, I know it's out there, waiting, and eventually it will swallow us all.

 

 

 

 

 

Sat, 04/03/2010 - 02:32 | 284981 Dicite justitiam
Dicite justitiam's picture

++ for the Talisker.  Tell me that won't be a rare item if the handbasket gets warmer...

Fri, 04/02/2010 - 11:25 | 284305 B9K9
B9K9's picture

It's not just J6P. Walk onto a campus at CalTech, MIT or any other leading university and ask a random group of people (students, professors & visitors) some very basic questions about our money-credit system.

How many would know anything at all about the Fed? About FRB? About gold v fiat currencies? How about the exponential function as it relates to the inevitable divergence between compounding principal+interest & an underlying asset's carrying/servicing capacity?

They wouldn't know a damn thing, not because they aren't smart, but rather because they aren't (and were never) taught. On the contrary, the underlying principles of our current money-credit-banking system are so straightforward, in fact rather mundane & boring, that they are kept a secret for a reason.

My dad is of the type I mentioned above: a top flight MIC a few levels below POTUS - he knew nothing. Add him to the list of engineers that includes Denninger, Mish and countless others. Once it's explained, it's blindingly obvious. My dad had a 'duh?' look on his face when he put it all together. And he thought the Cold War was a big con; this takes the cake by far.

So how is that our system has been so thoroughly infiltrated & corrupted? Why have all age-old strictures against usury been discontinued? Why does the controlled media incessantly extol the virtues of debt? How is that we find ourselves in a situation where the ancient wisdom's have not only been abolished, but reversed?

Fri, 04/02/2010 - 11:29 | 284321 Cognitive Dissonance
Cognitive Dissonance's picture

B9K9,

I agree that this obviously important information was never taught to the population. So the question is, why not? This takes us into the control system. Why doesn't obvious and important information even appear in basic text books purportedly teaching the fundamentals of the economic/judicial/governmental system?

Who or what is keeping it out? For those who claim no one is keeping it out deliberately I say hogwash. I had a friend who was on the school board of our county and we discussed text book choices. He was blunt. The board choses between textbooks that were offered for sale to the county. The choice wasn't made at the school board level whether or not to teach these important facts, it was made by the publisher/author.

Even the author will only include what the publisher will accept. So it isn't thousands of people participating in this omission but a dozen or so publishers, of which 2 or 3 set the "standard" of what is acceptable. Suddenly a large "conspiracy" is actually quite small and manageable.

Fri, 04/02/2010 - 15:27 | 284567 ThreeTrees
ThreeTrees's picture

As always CD and B9, it is a joy to read your prognostications.

 

+2

Fri, 04/02/2010 - 11:31 | 284324 Renfield
Renfield's picture

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." -Woodrow Wilson

That's how.

I guess when looking where it all started and who to blame, we have to start with him.

Seems a bit of a shame since the guy actually was sorry afterward.

(Yes crying works with me...at least when guys do it.)

Fri, 04/02/2010 - 14:54 | 284539 faustian bargain
faustian bargain's picture

I think that's a great quote, but for the sake of historical accuracy, I have read there is some controversy about whether he actually said it as written. Parts of it appear possibly to have been said prior to the creation of the Fed.

http://www.abovetopsecret.com/forum/thread199495/pg1

Fri, 04/02/2010 - 21:13 | 284821 Renfield
Renfield's picture

Interesting. I can well believe that some of it may have been said in 1912...obviously the banksters who first put together the Fed, had been colluding and plotting for quite some time previous.

They'd had another go at it before, at the time of Jackson I believe...my grasp of US history is a bit shaky.

I like the quote as it stands as it is concise...as long as it truly was said by Wilson, even if at different times and over the course of a few years!

Sat, 04/03/2010 - 01:55 | 284963 faustian bargain
faustian bargain's picture

shaky...you already know more than probably 90% of Americans. (Realize this is not a very high bar to clear, LOL)

I'd like to learn more about Aussie history one of these days. I had a good Aussie friend for several years until he moved to NY. I got pretty good at the accent, but he never told me much about the history. He always seemed to be saying, in effect, it's a good place to be from. ;-P   But I know better.

Fri, 04/02/2010 - 10:49 | 284254 B9K9
B9K9's picture

CD, I need to congratulate you on your continuous fine efforts. You are among the few who focus on the big picture behind the movements designed to confuse and entrap the unwary.

Ultimately, as one who knows but isn't a part of the inner cabal, we need to make a decision. The choice is whether to abandon a moral compass and join the rape gangs, or wait for the inevitable collapse and attempt to provide some guidance/advice in order to prevent a recurrence.

Which to choose? Personally, I'm favoring leadership. I don't know why, really; part of me thinks the stupids have everything coming to them. OTH, perhaps they never had a chance - the education system, historical information and mass media are all controlled to conspire against any rationale thought.

The power-elite are counting on people like you & I to join in the nihilistic fray with the offer of a few pieces of silver.

Fri, 04/02/2010 - 11:05 | 284281 Cognitive Dissonance
Cognitive Dissonance's picture

B9K9,

Thank you for your kind words. This subject has been front and center in my mind for years and is the reason I stay focused on the big picture.

"The choice is whether to abandon a moral compass and join the rape gangs, or wait for the inevitable collapse and attempt to provide some guidance/advice in order to prevent a recurrence."

I don't think it's an either/or proposition. I've applied rigorous examination to these two choices as well as alternatives in order to avoid grasping onto false hope or wishful thinking. When facing an enormous battle with slim odds, it's very easy to slip into your own special denial.

But there are other paths we can take and I've been blazing a small hard to see trail. Courage is required and I falter on a daily basis. But it's either one foot in front of the other or it's a slow and painful spiral into insanity.

I chose life.

Fri, 04/02/2010 - 13:19 | 284428 cougar_w
cougar_w's picture

CD and I agree on most things. However I encourage caution on one point:

There is no "them". There is only "us". There are no victims, unless you consider the fate of the future generations. They are the ones who have been destroyed.

We have done all this to ourselves, entirely. It took 300 years -- not the 30 years often cited. The damage we created was enhanced by the creation of the FED in 1913, but the damage was already there.

When the world was based on upper and lower classes only, the resources of the world were enough; the upper class could consume all they wanted, the lower class consumed nothing, or else each other. The creation of the merchant- and middle-classes redistributed wealth but created unsustainable demand in more people living longer lives wanting more things.

This is not a bad thing. We are all heirs to that good fortune. But it was too much too fast and we are 7 billions all wanting the Good Life. The borrowing that allowed the last 30 years of fantasy is just an echo of 300 years borrowing from the earth's limited resources. The latter is a child of the former. And now all that is done with. The well is dry, it cannot be fixed, and there is no Plan B because the confluence of events and happenstance that gave us a great 300 year run will never again be seen on this planet.

I don't know what comes next. But what things looked like 300 years ago might be a good reference point. If we're lucky.

Fri, 04/02/2010 - 13:54 | 284464 Cognitive Dissonance
Cognitive Dissonance's picture

cougar_w

Agreed. I often talk about them being "us", that "they" are simply a manifestation of "us", that our leaders are our neighbors, friends and even family, are in fact us, that we demand that our leaders be sociopaths in order for us to remain in denial of ourselves.

These concepts are difficult for many to absorb without lots of reflection. When I speak like this, the comments often are filled with righteous indignation that I'm pointing in the wrong direction or that I don't understand. "Don't blame the victim Cog" is a common refrain. This is why I started writing articles about consciousness and ego, to help people look within and push past the ego barrier to see themselves as they really are.

Baby steps. And credibility must be built one article and comment at a time. Information dumps such as you're discussing are extremely difficult to swallow whole. I try to remember that there are levels of awareness, understanding and consciousness. One must slowing ascend from one level to the next, not because we lack the intelligence but because the slow ascension promotes and develops the empathy needed to ascend.

Fri, 04/02/2010 - 14:12 | 284486 cougar_w
cougar_w's picture

You are talking about making better people, really. It's the only way, of course. Nothing in our history will survive the passage beyond the event horizon. We carry nothing forward but our personal lives.

We are now 7 billions. We will be .7 billions ere the end. Perhaps we will have changed along the way. It will be interesting to see. And we shall see, for we will be there.

Fri, 04/02/2010 - 15:49 | 284591 Cognitive Dissonance
Cognitive Dissonance's picture

cougar_w,

Again, the thought you put forth is extremely frightening to many. The psychology of previous investment compels so many to hang on to what they "have" because of the mistaken notion that it's value is great, simply because of all the value previously invested. Of course, all that value (if it really was value prior to the "investment") is expended. It's the same concept people grab on to when flipping a coin. Seven heads in a row means the odds are higher the next flip will be tails. Of course, this isn't true. It always remains a 50-50 chance, regardless of the prior results.

One of the terrible tragedies of modern science is the notion that progress can be made with incremental additions to the starting concept. Learn more and you are smarter. Add more technology and things are better. In life, change can only happen by first dissolving the entity into its component parts and then constructing anew.

True advances in science only come when the existing understanding is demolished and rebuilt. The list is a mile long but a simple example is that the earth was the center of the universe. You couldn't go further until that concept was destroyed and a new understanding was built from the pieces.

The same concept applies to human thought. Most people (myself included) must suffer a breakdown of our worldview, sometimes called a crisis, that destroys our worldview, forcing us to either die (manifested as going insane either temporarily or permanently) or rebuild with the remaining pieces from our old worldview along with a new appreciation of what was/is "real" and what was/is created in our minds solely to maintain our worldview.

Fri, 04/02/2010 - 17:03 | 284663 cougar_w
cougar_w's picture

Ah yes. It always comes down to what is real and what is illusion, doesn't it?

Who writes the history books is what I want to know, and how did they screw that up so badly? Because for some reason they never get around to mentioning the point in history where the group narrative about what is real is dissolved before their uncomprehending eyes to be revealed as entirely illusory.

Those are the best moments, in my thinking.

And look -- why I do beleive we're at one of those moments right now!

Whoduthunkit?

Fri, 04/02/2010 - 15:49 | 284594 LeBalance
LeBalance's picture

Ahhhh....folks, the sweet sound of hard work.

Congrats.

"Out beyond the ideas of right-doing or wrong-doing there is a field

- I'll meet you there." - Rumi

 

Some folks have been hard at work tackling duality.

/bow/

Fri, 04/02/2010 - 19:33 | 284768 delacroix
delacroix's picture

pushing past the ego barrier, is very difficult, even for an alchoholic, who has hit a bottom, and has strong motivation, to overcome, the cause of his misery. not all who attempt it succeed

Fri, 04/02/2010 - 19:40 | 284772 Wondering
Wondering's picture

There is an alternative perspective that is not so elitist and condescending of the people around us.

While some very clearly fit into the denial description, imho, and experience listening to many folks all over the country; many do not.

Many consciously know that the "system" is crooked, far off American ideals, a kleptocracy, injust and quite doomed to end badly and soon enough. While they do not follow the details...they know that and are very blunt about it. What you confuse for denial is actually a choice of what to do about the very same reality you see.

People do not need to know every pixel to see a picture so obvious. "You do not need a weatherman to know which way the wind blows" is an old lyric of Mr Zimmerman's and applies no less today than it did back then.

A huge chunk of folks see the picture clearly and choose to concentrate just on their families and just on the smallest circle around them. Or they choose to help through private acts...and have withdrawn all energy and hope for the country and either party or any politician...and all fancy elites who have anything to say about their lives.

This is the way intelligent people the world over live through bad situations and bad governments.

 Do you really think the folks behind the Iron Curtain did not "know"?  Well then how come they knew enough to act as soon as the enemy was weak enough?

For the majority of people...freedom is circumscribed by forces far above and away from them. They co exist with those forces not by being in denial...but by withholding their patriotism, efforts, hope and every edge they can find that has a low risk or transaction cost.

The rational thing to do is not protest (for rational is least effort, least risk, highest return to the individual). The rational and calculating..."free-est" thing to do is wait until their is an actual choice and try to leverage those moments before they close up again and "meet the new boss same as the old boss" way of the world continues.

Thats exactly what people do the world over...take to the streets when they sense a 'leverage point" has arrived. Until then, they conserve energy.

Blaming the "sheeple" as if there actually is a universal label which applies to the diversity of world views out there...and  for not acting when there is not a rational choice and the authors of such sentiments are certainly not providing any alternative leadership...just commentary...may well be just another self rationalizing safe harbor designed to cowardly protect the fragile who badly need to feel distinct and superior.

Awareness is a bitch

Fri, 04/02/2010 - 20:09 | 284790 Cognitive Dissonance
Cognitive Dissonance's picture

The term denial does not imply total blackout or complete ignorance. Rarely is this the case. In almost every case where I talked to my clients about these problems, there was always some awareness of the issues.

But very often this minor awareness is used as a shield against full awareness. They use their small knowledge to feed their bigger denial. You call it conserving energy. That is one way of looking at it. But that implies they will spring into action when the leverage point is reached. This is also rare. I've heard this same explanation from friends who still vote for the same crooks and claim their crook is better than your crook and still act as if Superman will show up and save the day. They use their small awareness to remain motionless and thus not responsible. They understand that knowledge is responsibility so they remain deliberately ignorant.

BTW, I no longer use the sheep term. I realized I was being insulting and I have stopped. But frankly talking about a subject is not blaming anyone. People are ignoring the economic rape all around them. To deny that one of the principal reasons the rape continues is because the people allow it to continue by their silence is by definition denial. If you feel I'm blaming, maybe you are being a bit defensive. You can't solve problems without conducting a frank and honest assessment of the dynamics.

Fri, 04/02/2010 - 20:34 | 284799 Wondering
Wondering's picture

CD,

The main thing I am suggesting is that all of our analysis will be more accurate when we conceed that there are "market segments" if you will within the universal non ZH readership.

Without getting into semantical parsing of degrees of "denial" and degrees of "awareness" and degrees of active and aware versus passive and semi aware choices...there simply is a condescending assumption on all our parts if we think all folks are not far more "clued-in" to the essential truths about this situation than their actions would imply

What action would convince you otherwise? Bombing police stations?

Thats simply not rational for anyone with a loved one and the conenction with desirable change tenuous at best

Or let me present another example of flawed thinking I see a lot on this subject. Folks assume that just because the MSM prints or says BS about the situation...people actually believe it.

Many many folks are far more clued in and "know" and are "angry" than any of your posts acknowledge.

Many many folks are in silly denial, addicitve delusions and have no clue.

Both are equally true.

The reason that is important is that the assumptions the arrogant oligarchy makes and the position they are in is more fragile than they think they are. They think consumers will fall for a PR campaign that would do any totalitarian state proud and start spending again.

Leaving aside the more important question of actual capacity (never mind desire) to spend enough to rescue the oligarchs, all I am saying is that I would not hold their chances of success quite as high as a world view that they are going to easily convince all the "sheeple" (acknowledge your comments and thank you) would imply.

There are segments out there. Those in denial with no capacity to spend. Those not in denial with capacity to spend...who will not because they are onto the game (maybe not in detail...they have non finacial sector jobs). Those not in denial with little to spend. Etc, etc.

I do not think, based on what many many people tell me that as many Americans at all levels are as convinced by the PR misinformation campaigns as the oligarchs are depending on for rescue.

I do not quarrel with your accurate description of those in denial. I urge us to be aware that you do not need to be a reader of ZH nor aware of the lexicon of the financial markets or theories to sense that enough is rotten in Denmark to be very sceptical.

17-20% in U6 plus the permanent underclass means that almost everyone has an unemployed, or unhappy, or underemployed, or underwater, or just plain scared loved one. the majority of Americans are one or two paychecks away from ruin.

All I am saying is that there is a lot more wisdom, anger and scepticism amongst Americans than I see many folks on ZH acknowledge.

Financial lexicon is not wisdom 

Fri, 04/02/2010 - 21:16 | 284823 Renfield
Renfield's picture

"Financial lexicon is not wisdom."

Would suit many of us to keep this in mind.

Fri, 04/02/2010 - 20:45 | 284804 Wondering
Wondering's picture

btw

I will leave you to self assess a comment like: "If you feel I am blaming, maybe you are being a bit defensive"

Its not a competition. You had ideas. I had ideas. Take what you wish, modify your world view or not, we both will be moving on...there is no contest. There is not a right and wrong on this subject...just perspectives.

All People are not ignoring economic rape. Some large number obviously are. But an enormous number are not. Just because they are not acting or posting to our visible observation does not mean they are blind or deaf or dumb.

My guess is that like anything:

2% completely get it

31% get it all the time

33% get it some of the time

33% do not get it and never will

Fri, 04/02/2010 - 21:45 | 284842 Cognitive Dissonance
Cognitive Dissonance's picture

Thank you for your feedback.

You said - "All People are not ignoring economic rape."

I never said "all people" nor did I imply "all people" at any time. Please go back and read my comments again. You seem to think that if I use the term "people" that I am saying "all". If that were the case, I would say "all people" or "everyone" which I deliberately do not. Please don't assume something based upon your interpretation of words used. You do this repeatedly, assuming I'm using a broad brush. It is you that is being all inclusive, not I.

Fri, 04/02/2010 - 22:28 | 284867 Wondering
Wondering's picture

Merleau Ponty would have a field day

Fri, 04/02/2010 - 23:01 | 284874 Cognitive Dissonance
Cognitive Dissonance's picture

merehuman,

I just took the time to read some of your posts from the past few weeks. You don't post much. You should visit more often. Often, there seems to be a week or more when you just don't post at all.

Has it ever occurred to you that Salem, Oregon in particular and the northwest in general is probably the most progressive and aware area of the USA and not at all typical of the rest of the country. I don't know how long you have lived there or if you have ever spent any long periods of time elsewhere, particularly over the past 5 to 10 years, but most of the country is not as open minded as the area you live in.

Please consider that you view of the awareness level of the USA as a whole may not be as accurate as you think. I have many contacts in Seattle, Portland, Tacoma, Vancouver and so on who all report higher awareness where they are than the Midwest, the South and especially the East Coast.

A friend just visited me here near Washington DC from Seattle for a week and he was amazed at the cluelessness of the natives. People here don't like to talk to strangers in line, people stare straight ahead etc. We travelled to Connecticut to see old friends outside of Hartford and the same impression was arrived at. He couldn't understand how people could live like that. You are lucky to be living in that part of the country.

Sat, 04/03/2010 - 00:00 | 284911 Wondering
Wondering's picture

CD,

If that was to me, I do not live in the Northwest (although I agree those that do are lucky). I have to travel all over the country.

Last week I was in Alabama, Indiana, Texas and Massachusetts. The week before California and New Jersey.

As I hear them, Republican or Democrat, working class, professional class, mid managers, business owners, CEO's. Does not matter (and I exclude extremists and dogmatics and fool followers of either party for purposes of this set of observations) many of them volunteer their disgust and plain disbelief and pain/sadness at what has happened and what they think will happen to their children's world. That is a process I have been observing since 2008; not just a new phenomenon. It is a kind of awareness of the broad truth but not knowledge of all the details (you do not need to know the details of JP Morgans balance sheet or how HFT systems work to think the financial and political elites are screwing the middle class).

Here are the only two reasons I think it is worth talking about:

The Fed is working from a playbook derived from the late 1980's which assumes that influencing the stock market will influence most of the consumers to have the "confidence" to go back to buying like madmen.

But several things are now different than they were back then:

1) Consumers have vastly more debt...so that now what counts most is not the confidence to spend but the ability to spend

2) The middle class has been hollowed out by global trade policies, taxation policies, housing dynamics, the narrowing reduction of likely upward mobility potential to only favor the technologically able. As such fewer have enough to spend even if they had confidence.

So now, as opposed to when Summers and Greenspan and Rubin first formed their playbook of how to fool "the people"...the strategy only works if almost all the people are fooled. And fooled a lot into spending a lot.

And my experiences lead me to believe that a large enough and growing segment of people exists out there that do not trust the leaders we have nor the news they hear, nor the relevance of the stock market to the economy, nor the idea that rescuing the banks is helping them at all, such that they will not return to their consumption levels of the past, nor hire as in the past, nor "invest" as in the past.

The Fed's policies work for the 2% that are wealthy, the financial sector (and its 4%(?) of the population, the underclass and the foolish with enough money and those prone to authority.

Then there are those who do not matter regardless of belief system for they are too far in debt to go back to consuming anyway.

Lets say that the underclass and the unable to consume much make up 45% of the population

Lets say an additional 30-35% can consume reasonable amounts and are ready to be fooled or already fooled or part of the oligarchy and their lackeys

That leaves the able to consume but not fooled. They hold the future of the elites. And I think there are enough of them for this charade to not last more than a year or so.

After all, this time the elites are on such thin ice that they need every dime of spending they can get. imho, they will not fool enough of the people with enough of the income to pull off their strategy.

Thats the first reason this is worth talking about

The second is that when the time comes a determined and somewhat wised up 15-25% is enough to build a force for change

 

Sat, 04/03/2010 - 01:28 | 284946 merehuman
merehuman's picture

CD I take care of my 89 year old friend . She was a friend to me when i needed one. I have been with her 10 years now. She is in the last stage of her life and requires more attention now. In many ways my life is wonderful. I have lived in cities ,new york(and in a penthouse  overlooking the park) and Atlanta, New Orleans, Corpus Cristy, in freight trains, under bridges and in other peoples cars. On the road our name for the Salvation Army is the "Sally". Must have id to get a meal. 

Been to both ends of canada. Rode a bycicle from Reno, susanville,Redding to the coast and all the way to LA. It was on my bucket list. Started over in business 6 times.  My favorite trainride was a car transport sitting still in Tucson. After i found a car with an open door and got in. Soon 2 mexican fellows came along. turned out it was the only open car , we shared it and the pot they brought.  Had a great peoty experience in the foothills of Tucson. My life left me with a lot of great stories to tell. I am thankfull for every day i have.

Sorry, sure its more than you wanna know. ha ha. At heart i am a happy being.

Sat, 04/03/2010 - 02:03 | 284968 faustian bargain
faustian bargain's picture

You have lived well.

Sat, 04/03/2010 - 03:57 | 285009 pawninthegame
pawninthegame's picture

call it the Vancouver, BC effect

Sat, 04/03/2010 - 09:15 | 285068 Wondering
Wondering's picture

Sorry CD and merehuman,

From the placement of the post I did not know you were addressing a poster called merehuman ( great handle). Did not mean to get in the way of your conversation)

Sat, 04/03/2010 - 11:18 | 285109 Cognitive Dissonance
Cognitive Dissonance's picture

It was my error. Was up past my bedtime, which at my age leads to errors.

Sat, 04/03/2010 - 14:51 | 285245 Wondering
Wondering's picture

CD,

Nah, no problems. I was also posting way past a good time and after an annoying week. Sorry.

Funny in retrospect my making that assumption. And it is always useful to be addressed as merehuman. (grin). I completely missed that it was a handle from the conversation above.

I notice that your work involves trying to help clients "see". That is always hard work and stressful because one often gets less feedback than one's hard work deserves.

In that sense you work with the hardest segment of the puzzle we all need to help solve if the world is to a better place. Much like my brother who wanted to be a physician to help people and choose to do that by being an oncologist (a specialty where you lose more than you win...very emotionally draining) needs to know there are parts of the world were the battle is being won...we must not lose sight of the sizeable number of folks who "know" the essentials and do not have blinders on...in fact are more scared and angry for not knowing the details. I think they are also a segment we need to keep in the struggle.

Take care CD. Good talking to you.

Sat, 04/03/2010 - 01:00 | 284936 merehuman
merehuman's picture

Thank you for your perspective, wondering

Fri, 04/02/2010 - 15:34 | 284570 WaterWings
WaterWings's picture

Them: chained and watching shadows, congratulating each other

Us: about to get killed for telling them about the "outside"

Fri, 04/02/2010 - 17:07 | 284667 cougar_w
cougar_w's picture

To some degree, yes.

But that means we are all chained up, and all looking for someone to kill, and all going to be killed in the doing.

They are us, we are they. One hangs all hang.

Symmetry. It's not just for physicists anymore!

Fri, 04/02/2010 - 18:25 | 284719 merehuman
merehuman's picture

 One of my answers was to not charge to much, then doing a few jobs for free, now passing out silver ozs to folks in my community. I given out 200 ounces so far. Some of them will now have a shred of interest in the market and how it affects them. I will end up with little silver, but my community will have it. If they do well , so will i. And no, i am not at all rich lol. That silver and my paid for truck and trailer is all i have. In the end , all i plan to keep is what i value the most. integrety

Fri, 04/02/2010 - 18:47 | 284737 Confused
Confused's picture

wow.....simply amazing.

 

Yes, integrity is the one and only thing that is truly yours. Once its lost you can never regain it. Your post is most impressive.

This may sound silly, but today you have blown my mind. Thank you. 

Sat, 04/03/2010 - 01:42 | 284955 merehuman
merehuman's picture

Easy to me. I dont have common values because i never was part of any culture during my growing up. New home at a minimum of every six months, rips your young life away repeatedly. You end up living in the moment, cause if you dont , you get hurt.

The other thing that has changed my values is the experience of being out of body. Many times and in different ways. 360 vision, tunnel vision and more.

I am extremely aware that i am NOT this body i reside with. Being a unit of awareness is a different point of view than being a body.

I render onto ceasar what is ceasars ie i also live as a human and fill that role without getting to lost in it. And thats the whole key, cause once you start holding onto anything you lose the freedom of being to the state of wanting.  Ok i shut up

 

Sat, 04/03/2010 - 02:06 | 284970 faustian bargain
faustian bargain's picture

+1, Good stuff.

Sat, 04/03/2010 - 04:02 | 285010 pawninthegame
pawninthegame's picture

lol ketamine or lsd or pscilocybin?

 

or did you get all wacky and mix em up?

 

yeah, we're all carbon ;)

Fri, 04/02/2010 - 10:51 | 284260 SheepDog-One
SheepDog-One's picture

Cog Dissonance I agree, adjustments to the matrix to keep them placated a bit longer. But I know a few people who have been out of work for a long time, like millions of others, and their reaction to a report like this is now 'doesnt do me a bit of fukin good at all'. So how much time do they really have to extend and pretend and pull the woll down further?

What Im worried about is on April 15 about a million armed protestors show up for 3 days across the Patomac, big 'tea party' (damn I hate that name) protests everywhere else too. 

I guess my main worry today is just how long CAN a confidence game go on for when youre now only fooling the dumbest out there?

V for Vendetta- With so much chaos, someones going to do something stupid, 100% chance of that, then Govt gets to do what it does'.

Fri, 04/02/2010 - 18:06 | 284702 anony
anony's picture

"Any man who admits to nothing but which can be plainly demonstrated, may be sure of nothing but perishing quickly".   Locke

Fri, 04/02/2010 - 09:59 | 284191 Ripped Chunk
Ripped Chunk's picture

The past 2 weeks the excuse is flooding and wind. That will be included in the next "report"

Fri, 04/02/2010 - 11:21 | 284309 ZackAttack
ZackAttack's picture

I understand all that rain in the northeast has caused Denial to flood.

Fri, 04/02/2010 - 13:22 | 284432 cougar_w
cougar_w's picture

Best pun at ZH. Evar.

Fri, 04/02/2010 - 10:26 | 284225 Renfield
Renfield's picture

That's iP*a*d, thank you. If you're gonna be a consumer, get your branding right! Geez.

I'm holding out for a superduper iPad that is twice as thin and can absorb twice as much input. The MaxiPad.

Fri, 04/02/2010 - 14:59 | 284543 faustian bargain
faustian bargain's picture

For all those upcoming Heavy Days.

Fri, 04/02/2010 - 08:53 | 284088 Racer
Racer's picture

And of course no matter what the number, the market will go up and the MSM will make up some idiotic reason for it, when there isn't any apart from the continuation of the CON market

Fri, 04/02/2010 - 08:56 | 284092 Paul S.
Paul S.'s picture

Leo, what happened to your call for 300+?

Fri, 04/02/2010 - 09:00 | 284099 hellboy
hellboy's picture

+1

Fri, 04/02/2010 - 09:19 | 284129 hedgeless_horseman
hedgeless_horseman's picture

Hellboy, I love your flubber-floor mega-bounce chart avatar. However, I would think it needs to trend upward, like all real charts do now.

Fri, 04/02/2010 - 09:53 | 284184 CookieMonster
CookieMonster's picture

Unfortunately, this is how Leo deals with people who disagree with him:
"Listen up moron, did you bother looking at the household survey in last month's report? Ignore me if you want, but jobs are slowly coming back."

Jobs may come back eventually, but the landscape has changed permanently for most. We are being sold into debt slavery by the Banksters and there is very little we can do about it except to stop the transfer of debt onto the backs of the population.

Fri, 04/02/2010 - 10:08 | 284201 Cognitive Dissonance
Cognitive Dissonance's picture

It's a shame Leo has this character flaw. His work is actually pretty good but his ego is dominant and anyone who questions him on his suppositions or conclusions is considered to have launched a personal attack. He hits back with derogatory terms such as "moron", then the counter responses really do become personal, thus feeding into his delusion that it was and always has been personal. And the attention he receives feeds the ego, thus justifying in his mind continuing down the path of self destruction.

Sorry Leo for placing you on the shrinks couch but it's obvious.

 

Fri, 04/02/2010 - 11:17 | 284303 CookieMonster
CookieMonster's picture

Thanks CD, always insightful.  And I harbor nothing personal against Leo, he does excellent pension fund research.

 

Fri, 04/02/2010 - 13:32 | 284441 Village Idiot
Village Idiot's picture

While leo is on the couch... If i am not mistaken, Leo, by his own words, has a physical disability.  If this is true, it would explain certain distortions and compensation in behaviour.  I can relate - had a stuttering problem growing up.  In my case, self consciousness pushed me to overachieve/compensate and, at the same time, caused me to be very sensitive to contrary positions and even held me up in "no win" positions. Basically, I came off as a guy who had something important to say, but often times expressed in an "assholish" (not a word) tone.  I like you Leo.

Fri, 04/02/2010 - 14:05 | 284479 Cognitive Dissonance
Cognitive Dissonance's picture

I had the same affliction as a child. I'm a terrible speller today because of the technique I used to overcome my problem. I would visualize the word before saying it and of course, since I started doing it at a very young age, I visualized the word phonetically. So when it came to writing, I am writing words as I see them in my mind, which is still phonetically.

Also, I write with an accent because when I was young I visualized the words phonetically with my accent. My college English professor said he had never ever heard of a person writing with a accent. My only claim to fame.

Fri, 04/02/2010 - 14:11 | 284483 Village Idiot
Village Idiot's picture

"My college English professor said he had never ever heard of a person writing with a accent. My only claim to fame."

Wow, I would like to hear, uh, see that! :-)

Fri, 04/02/2010 - 15:38 | 284575 WaterWings
WaterWings's picture

Only claim to fame?

If you were to reveal your ZH identity in a high rise elevator to me I'd be washing your feet with my tears and scented oils before we got to the top!

Fri, 04/02/2010 - 13:45 | 284457 ghostfaceinvestah
ghostfaceinvestah's picture

Agreed, he does great research and has good insights but has the disposition of a child.

Fri, 04/02/2010 - 10:13 | 284206 Renfield
Renfield's picture

"...except to stop the transfer of debt onto the backs of the population..."

And your suggestion for accomplishing this would be...?

Be sure to word your ideas carefully. Ensure that you are politically correct and that your words can in no way be interpreted, misinterpreted, or stretched to imply a threat of any kind whatsoever, and especially not to our beloved dear leaders, or to the system which serves us all so well. Use only the gentlest language.

Remember that we are the Western World, globally admired. Revolt is what only poor people do; or people who have been dead for at least 200 years.

Our leaders are our gentility, who work our behalf, but because we are ungrateful they may easily feel threatened.

Fri, 04/02/2010 - 11:23 | 284312 CookieMonster
CookieMonster's picture

Thank you for your important thoughts.  I am very grateful to be an American and only speak with the kindest of intentions.  It is well to note that most forms of resistance are peaceful and based on mutual respect, honor, and dialog.  At least such was the character and nobility of our Founding Fathers of who we should all emulate.....

 

Fri, 04/02/2010 - 11:42 | 284341 Renfield
Renfield's picture

CookieMonster

I was being facetious, but I am humbled by your sincerity. The propaganda we believe works only because it was once truth, and represents still what we must aspire to.

My real beliefs are the opposite: We are not admired, although we were...our leaders are not gentility although we treat them like that for now...we are not as evolved as we thought we were. The West in my opinion has fallen and only violence against the corruption will bring it up again...

But as long as there are citizens like you, Cognitive Dissonance, B9K9, and other thoughtful commentors on this forum, then there must be hope that you can see although I can't.

I on the other hand believe that it will take a violent remedy, a revolution. Which must be couched in soft language - speak softly and carry a bit stick. I personally have no hope for a medium ground. I am impatient of waiting, to burn these high places and raze the shrines so to speak.

And yet - I am not one of the thinkers on this blog, but I admire those of you who are. I often file your comments into my personal files to read and think over later. I would be glad to be proven wrong, by you and other citizens like yourself, that there does still exist a peaceful solution. It is very likely that you see farther and clearer than I do.

Fri, 04/02/2010 - 11:32 | 284326 CookieMonster
CookieMonster's picture

I forgot to answer your question.  Starving the Beast of debt slavery is the basic answer.  Who is causing the drain of debt and loss onto the backs of the population via debt burdens?  The Banksters are transferring trillions of dollars through the banking and political systems.  Changing ourselves to need them as little as possible is a good next step.  Pull money out of NY banking institutions (boycott), stop using credit cards (sever link to capital), try to pay for large ticket items only with cash (think like our Grandparents), start thinking Amish-like and actually helping your neighbor, etc......

Nothing wrong with being neighborly, right?

 

Fri, 04/02/2010 - 11:50 | 284349 Renfield
Renfield's picture

heh...I agree 100%.

In our little family we shun debt, hoard savings, invest long-term in bullion, and live like paupers. We even have a little store of food set aside.

My friends and family think we are extreme...but they are now getting used to our 'alternative lifestyle' and in some cases emulating, just a little.

Two of my young friends, and one of their brothers, came with me in a little group to the dealer to learn how to buy bullion. My father-in-law bought a little gold. My teenage nephew observed that we are different from other people because we are always careful with money, and yet somehow we always have it. (His words. I say we don't have anywhere near enough.)

We are thought loopy and different but we are being heard, at least.

Baby steps, trying to 'lead by example'. I just don't think there is enough time for us to make the magnitude of change needed, to starve the beast. But maybe I'm wrong on that!

Fri, 04/02/2010 - 13:03 | 284410 Confused
Confused's picture

Funny, my father was very similar while I was growing up. Food stores, saving, bullion, etc.

 

It wasn't until I "started " to "see" that it didn't seem so crazy.

 

Now people think I'm crazy.

Fri, 04/02/2010 - 13:27 | 284438 cougar_w
cougar_w's picture

When people start treating you like you are crazy it's a sign that you are finally on the right track.

Insanity. It's not just for lunatics any more.

Fri, 04/02/2010 - 13:44 | 284455 Renfield
Renfield's picture

Hmph. There are many who think me insane but since I have no certificate or sign from them that they are sane themselves, I reckon they're safe to ignore until I have it on better authority. :-)

Sat, 04/03/2010 - 01:45 | 284957 merehuman
merehuman's picture

renfield , for a small fee we will Certify you. Includes bells and whistles.

Sat, 04/03/2010 - 04:44 | 285020 Renfield
Renfield's picture

You had me at bells and whistles. Better be a small fee though - I'm not the fiat-rich bigwheel some of the members here are! A very little wheel, in fact.

On second thought, never mind. Our little mattress bank account is better saved for Mad Max or the End of the World or whatever it is 'normal' people think us bullion buyers are waiting for. ;-)

And let's face it: I've long blown my reputation for 'normal' even if Tyler Durden Himself signed that certificate.

Fri, 04/02/2010 - 14:07 | 284481 Amish Hacker
Amish Hacker's picture

And why fight it? The strain of trying to stay normal when you naturally tend to be mad will eventually drive you crazy.

Fri, 04/02/2010 - 14:14 | 284492 cougar_w
cougar_w's picture

... said the Amish hacker. ;)

Fri, 04/02/2010 - 14:51 | 284536 Monday1929
Monday1929's picture

Good one.

Fri, 04/02/2010 - 15:18 | 284560 faustian bargain
faustian bargain's picture

I think the self-reliance lifestyle is spreading. It's something I'm ready to move into, and I am hardly ever an early adopter. Maybe a couple deviations on the early side of the curve, but I tend not to ride a wave until I know it's coming. So I believe we're going to reach the tipping point fairly soon. Hopefully before it's too late. (It may already be, for many.)

Therefore, I don't feel that stocking up and preparing is all that extreme any more. Indeed, there are some who are lots more 'extreme'...I was just reading last night about some of the examples of peoples' prep work and retreats, on survivalblog.com, and the amount of stuff some of these people have done would take me years to achieve.

Fri, 04/02/2010 - 18:37 | 284728 boiow
boiow's picture

too true, back to the land for many including me and my girlfriend. in the uk that is very hard to do but recently a new forum has opened up for people with similar desires. http://www.fieldtofarm.com/

the hardest thing in the uk is to circumvent planning laws. but it is possible.

 

Fri, 04/02/2010 - 21:34 | 284834 Renfield
Renfield's picture

Great site, boiow. I've bookmarked it.

You and Faustian Bargain, and a few others here, may be interested in Dmitry Orlov's "Closing the Collapse Gap", from 2006.

http://www.energybulletin.net/node/23259

Orlov witnessed the Soviet collapse and compares that situation with the American one, finding that the common Soviet people were much better prepared for collapse than the Americans are. The similarities are disturbing. This presentation effected a big seachange in my perspective.

It seems the key point is that Americans trust their governments and corporates much more - the Soviet peasants trusted only themselves, and so were better placed to survive.

A quote from the presentation:

"Don't believe them, don't fear them, don't ask anything of them."
- Alexander Solzhenitsyn, winner 1970 Nobel Prize literature, survivor of the Gulag

Sat, 04/03/2010 - 02:41 | 284983 faustian bargain
faustian bargain's picture

Very thought provoking, thank you.

Sat, 04/03/2010 - 02:44 | 284984 faustian bargain
faustian bargain's picture

Well done. I also know there's a magazine or two out there dedicated to smallholding. Here in the states I have just started subscribing to Backwoods Home magazine, full of homesteading info, libertarian ramblings, and gun articles.

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