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Mike Krieger Asks What Is More Dangerous: Building Nuclear Power Plants On Major Fault Lines Or Allowing Central Bankers To Play God?

Tyler Durden's picture


Submitted by Mike Krieger of KAM LP

We shall have world government, whether or not we like it.  The question is only whether world government will be achieved by consent or by conquest.

- James Paul Warburg appearing before the Senate on 7th February 1950

For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents ... to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure—one world, if you will. If that's the charge, I stand guilty, and I am proud of it.

- David Rockefeller in his autobiography, Memoirs

Before I get into it I want to pose a question for all of you to ponder this weekend: 

What is more dangerous, building nuclear power plants on major fault lines or allowing Central Bankers to play God?

Bernanke’s Ring of Fire

The horrific human and societal tragedy that has befallen the people of Japan over the past week has brought up many questions with few answers.  One of the most frequent questions I have heard is why would anyone every build nuclear power plants on a major fault line that everyone knew would one day experience a nightmarish earthquake like the one that occurred last Friday?  I am not going to try to answer that question although I think there are many reasons ranging from the fact that Japan is a nation short on natural resources like oil and coal to the fact that there is a strange aspect of human nature that causes us to repeatedly think we can overcome the forces of nature with our superior intelligence manifested in technological advancements.  

I am also not going to try to pass judgment on how bad the radiation fallout from the disaster is because quite frankly I have no idea.  That said, whenever “experts” tell me everything is fine and not to worry that the situation cannot possibly be a disaster on the scale of Chernobyl I do get a bit freaked out.  It reminds me of when I was standing outside the World Trade Center staring straight into a massive blown out hole and stating to a Lehman colleague that we better move since the building could crumble at which point he began to lecture me about how and why that could not possibly happen.  It was impossible he said.  Just like the Titanic was unsinkable.  Just like the treasuries are a safe haven…  

Rather than comment on how bad Japan is or will be I am going to focus on the massive monetary fault line we are all sitting on at the moment.  While the epicenter of this earthquake is at 33 Liberty Street in Manhattan, this quake will wreck havoc on all of the planet’s six billion people and unlike the Japan earthquake this one will be entirely a manmade affair.  For those unaware, 33 Liberty is the building that houses the Federal Reserve Bank of New York and for those that have never seen the building or a photo of it take a look at this link  Look at the top right corner.  Looks like a Medieval castle doesn’t it?  Makes sense if you think about it.  These guys are the so called “elite” and they view us as their serfs.  They already have much of the world in a sort of passive neo-feudalism but their real endgame has remained elusive.  Total feudal control over the entire world including the United States via a world currency controlled by the IMF.  This has always been the plan and still is.  PLEASE read the following by Ambrose Evans Pritchard in the UK’s Telegraph from a couple of years ago.  The headline says it all:  “US Treasury Secretary Tim Geithner shocked global markets by revealing that Washington is ‘quite open’ to Chinese proposals for the gradual development of a global reserve currency run by the International Monetary Fund.”  See…they deny and deny this but it IS the agenda.  It is very clear if you are paying close attention.  Article here:

There is a contentious debate out there amongst those of us that see the genocidal policies of the Federal Reserve for what they are.  There are those that think the Fed is doing all of this deliberately to destroy the U.S. dollar as the reserve currency so as to use the monetary earthquake that ensues to jam a world currency (SDR) down our throats at our most weak moment.  There are also those that think it is just all a tragic accident and folly of human nature and its hubris.  I don’t concern myself too much about which theory is correct because it doesn’t really matter.  What matters is that the end of this monetary system is close and hand and there is a strong push for a world currency in Central Bank circles.  This currency would be controlled by the IMF probably out of Europe and it would be the final nail in the coffin of fee humanity.  Avoiding this outcome is the single biggest driver of my writing these emails.  The dollar collapse is coming.  This is as certain as the seasons themselves.  What is uncertain is how we respond to it.  We need to put as much silver and gold into the hands of American communities as fast as possible so that when the end comes we can figure out for ourselves how to proceed.  So that the “elites” can’t tell us what to do next.  We need to become more self-sufficient and as quickly as possible.  We need to prepare for the monetary earthquake and get started fast so that we have our heads on straight and can fight back against the elite agenda when they try to force it upon us which they will with 100% certainty.

Will we be like Greece or Ireland and be treated like subhuman slaves by the IMF and ECB to be ordered around and dictated as to what their economies and cultures must be molded into by those that control the creation of fiat money?  Or will we still tall and proud like those in Iceland and say we may be poor but we are FREE and we will make our own decisions on how we will live our lives today and until the day we die. 

What’s Next in the Markets?

Ben Bernanke has surrounded all of earth’s inhabitants within a Ring of Fire that will create a monetary earthquake that will very soon ravage the livelihoods of billions (the tremors have already started in MENA).  While the headlines are now focused on Japan, the dominos continue to fall in the Middle East and Saudi Arabia and Iran seem to be fighting a proxy war in Bahrain.  All of the themes I have discussed in earlier emails are only exacerbated by the Japanese quake as the response has been and will be to print infinite amounts of confetti money and try to secure resources to rebuild with it.  The problem is that EVERY nation is doing the same thing.  So worthless fiat is being expanded exponentially and will compete for real things and why should the holders of the necessities of life, gold and silver (real money and true financial security) as well as food and energy sell their goods for colored confetti or even worse digital entries in a bank account.  If you don’t think the governments of all countries that posses massive resources will not export less and in order to keep more internally to quiet their restless populations you aren’t paying attention.  This liquidation selloff in commodities since the Japanese earthquake is probably already over and I expect a HARD reversal to the upside to new highs in food and especially oil.  The Asia Tapis benchmark is closed at just under $117/b last night and it a whopping 3% off of the high.  Wholesale gasoline prices traded here in the U.S. are down about 4% from the high but are a terrifying 15% higher than a month ago.  I expect another major surge in the price of oil imminently.  Remember last week I wrote that I thought the Dow and gold would ultimately meet at around 5,000.  Can’t imagine how this can happen?  Watch the next few months.

Gold is Going to Do What the Nikkei Did in Reverse

Everyone in the financial markets were in shock watching the Nikkei plunge over 14% at one point on Tuesday and this was after a 6% plunge the day before.  Many macro strategists and commentators had been very bullish on Japanese equities, partly on the belief that the yen would plunge as the BOJ would have to start to monetize JGBs in size and this was certainly a somewhat plausible thesis (although I never agreed with it).  This positioning probably made the sell-off that much worse.  Below is the five year chart of the Nikkei.

Scary right?  Looks like 2008 right?  Ok, well what I expect to happen at some point this year is the gold chart and their shares will look like this but in reverse.  While financial parrots on television call gold a “bubble” without having any idea what they are talking about, precious metals expert Eric Sprott recently put out a great piece where it puts that whole ridiculous idea to rest.  Here it is  Furthermore, there is nothing I enjoy more in the markets than identifying a bubble and betting against, as emotionally traumatizing as that can be in the near-term.  In fact, my whole career has consisted on being able to identify big bubbles.  I have found the biggest one of them all.  It is fiat money and the U.S. dollar in particular.  The other side of that is gold.

As Sprott demonstrates, financial assets are barely invested in gold.  Personally I don’t think the current financial world will ever get properly positioned in time and the massive expansion of the % of financial assets in gold related investments that I expect in the years ahead will result primarily from a sudden and shockingly large surge in the price itself rather than investors ever figuring it out.  Instead they will lose all of your hard earned money in bank stocks that are worthless.  By rewarding failure and short-termism through its policies the Federal Reserve has created an investment industry with very little original thought, a very poor understanding of finance and economics and an inability to think outside the box.  It is up to you to protect yourself.  If you listen to Washington D.C. and Wall Street’s advice you will drown in the financial tsunami coming this way fast.

Happy St. Patrick’s Day and come on Ireland stand up to these bastards already!



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Thu, 03/17/2011 - 13:46 | 1067322 dr_teeth
dr_teeth's picture
Note to Ben Bernanke: As witnessed, dropping stuff from helicopters is not a cure all solution.
Thu, 03/17/2011 - 14:57 | 1067660 Zero Govt
Zero Govt's picture

he's only dropped into the pockets of Wall Street and the US Govt to date, maybe it's our turn next!

Thu, 03/17/2011 - 15:13 | 1067707 nope-1004
nope-1004's picture

What's worse?  I'd say central bankers, hands down.  A nuclear power plant built on a fault line that is destroyed from tectonic activity will only pollute a mere 1-5% of the planet at most.

Central bankers have latched on to 100% of the world, sucking the life out of everyone.  They not only destroy everyone around them, but in the end, the result is complete self destruction as well.

If that's not the definition of satanic, then what is?



Thu, 03/17/2011 - 13:50 | 1067328 Dr. Porkchop
Dr. Porkchop's picture

Either way, it always results in meltdowns.

Thu, 03/17/2011 - 13:50 | 1067335 tallen
tallen's picture

Best solution is just to add a 6 zeros to every US bank note. That would solve all the US's issues. Everyone would be millionaires

Thu, 03/17/2011 - 14:43 | 1067598 DaveyJones
DaveyJones's picture

Both systems are cracked. One is mother nature's fault, the other is mother fuckers'


Thu, 03/17/2011 - 13:52 | 1067338 jus_lite_reading
jus_lite_reading's picture

HOLY CRAP!! Radiation now detected in Dallas and Chicago from passengers from Tokyo. It was only a matter of time!

What's next?!?! Radiation in food products?!

Thu, 03/17/2011 - 13:57 | 1067351 EscapeKey
EscapeKey's picture

USD/JPY is flash crashing again.

Hmm, seems to have stopped agian, but for a minute it was all vertical. The volatility is insane.

Oh, and have a look at commodities. 3, 4, 5, 6, 7% increases virtually throughout.

Thu, 03/17/2011 - 13:53 | 1067353 10kby2k
10kby2k's picture

Maybe the Dow and gold will meet at 0.

Thu, 03/17/2011 - 13:57 | 1067369 whatsinaname
whatsinaname's picture

That would happen in the real world 10k but we dont live in such a world thanks to the money printers.

Thu, 03/17/2011 - 13:57 | 1067373 traderjoe
traderjoe's picture

Japan's gov will fail. Default on all/most bonds. Sparking financial crisis.

Why does a sovereign country borrow it's own money from private companies?

Thu, 03/17/2011 - 14:01 | 1067377 jus_lite_reading
jus_lite_reading's picture

What will the US do now? Highway 1 in California is falling into the ocean! 5 more EQ's today in Kalifonication!

YUP! The end (of banksters) is near!

Thu, 03/17/2011 - 14:07 | 1067418 Unlawful Justice
Unlawful Justice's picture

Chairman of the BOJ is a former GS employee. 

but it's only a guess.

Thu, 03/17/2011 - 14:38 | 1067541 GoinFawr
GoinFawr's picture

Masaaki is a Chicago boy; close enough.

Thu, 03/17/2011 - 14:03 | 1067388 mrdenis
mrdenis's picture

Speaking of colored confetti went to the St Patricks day parade today in NYC ,I didn't have any confetti to throw on the marchers so I just started ripping up dollar bills and throwing them up in the air  ,the guy next to me looks ,laughs and started to do the same and yells "this is better than the real thing "

Thu, 03/17/2011 - 14:18 | 1067485 Misstrial
Misstrial's picture


An elegant alternative would be to use a cross-cut shredder. :)


Thu, 03/17/2011 - 14:05 | 1067389 Threeggg
Threeggg's picture

So the 1:00 PM Central Pump came on the news (Fuax News) while stocks are starting to sell off.

wait for it ...........................................

TEPCO says it will have the extension cord hooked up soon ................................

wait for it ........wait for it............

"Possibly" Within the hour ....................

Just in time too frontrun the selloff starting at 2:00PM central

These boys have impeccable timing !

Thu, 03/17/2011 - 16:13 | 1068122 NotApplicable
NotApplicable's picture

Then, as soon as the market closes, they flip the power switch, sparking yet another explosion in Reactor #2.


Thu, 03/17/2011 - 14:04 | 1067394 kaiten
kaiten's picture

The most dangerous is allowing Central Bankers to play God while building nuclear power plants on major fault lines.

Thu, 03/17/2011 - 14:07 | 1067405 So Close
So Close's picture


Thu, 03/17/2011 - 14:05 | 1067398 So Close
So Close's picture

What Is More Dangerous: Building Nuclear Power Plants On Major Fault Lines Or Allowing Central Bankers To Play God?


LMAO - Better question?  What happens when you build Nuke plants on fault lines AND central banks play god.

Thu, 03/17/2011 - 14:20 | 1067503 Misstrial
Misstrial's picture

Well, we here on the Central Coast may find out in short order should a massive earthquake occur as we have been warned in recent days by the folks at JPL.

Note: the Diablo Canyon reactor was built on or about seven (7) fault lines.




Thu, 03/17/2011 - 16:15 | 1068134 NotApplicable
NotApplicable's picture

Well, according to the WH, it will likely fall down into one of the cracks, saving everyone.

Thu, 03/17/2011 - 14:06 | 1067409 Oh regional Indian
Oh regional Indian's picture

I'd say that is a moot/moot question.

I read it as Central Bankers to play Gold, probably as valid a question though.

incidentally, the building of Nuke Plants on fault lines seems to be a common....fault.


Thu, 03/17/2011 - 14:06 | 1067411 Cognitive Dissonance
Cognitive Dissonance's picture

Hands down, allowing central bankers to play God is the answer. Without question and not even worth measuring.

While a nuclear plant on a fault line might at some point during it's life experience a severe problem, central banks are creating distortions and problems 365 days a year. Its a matter of cumulative as opposed to one time effects.

Thu, 03/17/2011 - 14:28 | 1067539 10kby2k
10kby2k's picture

I just received my online central banker diploma. Tough requirements for admission though:  must be strikingly good looking, clear and consise puiblic speaker, iq less than outside temperature and be able to sleep and attend functions simultaneously.

Thu, 03/17/2011 - 14:08 | 1067414 monopoly
monopoly's picture

I just buy on the dips and let go on the rips. Never sell my core holdings though. Down from the highs now, but that is ok. It is early in the game.

Thu, 03/17/2011 - 14:08 | 1067417 dbTX
dbTX's picture

is the MSM ignorant of the Fed or are they covering for them?

Thu, 03/17/2011 - 14:11 | 1067446 Unlawful Justice
Unlawful Justice's picture

Sorry to break it too ya kid, but their in bed together.

Thu, 03/17/2011 - 14:22 | 1067513 traderjoe
traderjoe's picture

+1 - who's the MSM owned by, what 5 rich white guys? Who advertises on the MSM, what the financial services companies?

Thu, 03/17/2011 - 14:47 | 1067623 DaveyJones
DaveyJones's picture

and the drug companies...same thing, just as evil

Thu, 03/17/2011 - 14:09 | 1067430 Dr. Porkchop
Dr. Porkchop's picture

Don't worry, it's all good. FedEx is here to save the economy. Perhaps their increased profit is from all the people who are ordering silver and gold from APMEX.

Thu, 03/17/2011 - 14:08 | 1067431 gordengeko
gordengeko's picture

Like the quotes.  And you wonder why they don't teach this stuff in the education curriculum.

Thu, 03/17/2011 - 14:10 | 1067432 orangedrinkandchips
orangedrinkandchips's picture

EXACTLY! That was my point as soon as I heard Japan had an earthquake. Then this nuclear bullshit where the plants are 40 yrs old.


Who in their right mind would put a nuclear plant RIGHT ON THE (cock) RING OF FIRE? Wait....let's put it...yes, you guessed it...NEW ORLEANS! what about California or Alaska (which has earthquakes daily albeit small ones).


Just dumb. Who is surprised besides Gomer?


Thu, 03/17/2011 - 14:39 | 1067588 Misstrial
Misstrial's picture

Well the state & local bureaucrats along with PG&E aren't surprised or worried since they've installed the requisite "Early Warning Sirens" along Los Osos Valley Road and *additionally* have a "reverse 911 call system" in place.


Potassium idodide administration instructions:


Thu, 03/17/2011 - 15:00 | 1067669 linrom
linrom's picture

Not the CEOs.

Thu, 03/17/2011 - 14:10 | 1067436 TradingJoe
TradingJoe's picture

Stay in and accumulate more physical, anything else is worthless toilet paper!

Become a farmer and/or landlord!

USD will have one last bounce before it dies for good, then buy GOLD & SILVER,

OIL & AGRI, be smart and keep a low profile!

Thu, 03/17/2011 - 14:33 | 1067558 Oh regional Indian
Oh regional Indian's picture

Good advice all around TJ.


Thu, 03/17/2011 - 14:14 | 1067455 ebworthen
ebworthen's picture


Let's see...

Central banking in collusion with government at the expense of the individual household brought us WWI, WWII, and before long will induce WWIII.

Which has killed more people?



Thu, 03/17/2011 - 14:55 | 1067651 duo
duo's picture

exactly.  Without the USFed, WWI would have stopped in 6 months as both sides ran out of money to buy supplies, munitions, and pay soldiers.

Ergo, gold standard = peace

Thu, 03/17/2011 - 14:20 | 1067487 10kby2k
10kby2k's picture

Pull up a 25 year chart of the nekkei---it topped at 38k + OR -.

5 YEAR tips    -0.75%<<<<<<  real rate of return -0.75 + understatement of CPI+credit risk= one helleva losing investment  (if Calpers used this they would be bankupt today!!)                Its a circus out there.

Talking head meet brain dead money manager.  LOL


Thu, 03/17/2011 - 14:18 | 1067491 Confuchius
Confuchius's picture

The Japanese have received the Dolphin's revenge.

Do not kill Dolphins.

Do not kill Whales.

Next, we must improve the Cetacean's programming to include banksters; including the obscene central bank variety.

Thu, 03/17/2011 - 14:21 | 1067500 gwar5
gwar5's picture

It's more dangerous for Banker's to play God, of course. Radiation only has a limited range of contamination and a half-life of 10,000 years. 


Thu, 03/17/2011 - 14:26 | 1067526 johnQpublic
johnQpublic's picture

or is it more dangerous when god plays banker?

Thu, 03/17/2011 - 14:26 | 1067511 JR
JR's picture

Meanwhile, in the “Ring of Fire,” the banker-connection continues to produce revelations. The latest is the super-connected NIckie Sarkozy and his back peddling on Libya. Colonel Gaddafi’s son says the French president accepted Libyan funds for his election campaign and should give the money back.  Saif al-Islam Gaddafi says he has proof.

Read more:

Sarkozy was accused last year of receiving $188,000 in secret cash donations for his 2007 presidential campaign from France’s richest women, L’Oreal heiress Liliane Bettencourt.

And is there possible doubt to the French president’s loyalties to his French countrymen and Middle East peace in light of his confusing ties to Israel?

In a speech in 2007 to Temple Beth Hillel-Beth El Torahthon, translated in The Philadelphia  Jewish Voice, attorney Isabelle Tahar Miller said: “To the Palestinians, Sarkozy had repeated that the ‘existence and the security of the State of Israel are not negotiable and that nothing can justify violence. We will never jeopardize Israel’s safety.’”

Raanan Eliaz wrote on May 8, 2007 in “Sarkozy’s Jewish Roots” in the Australian Jewish News, In an interview Nicolas Sarkozy gave in 2004, he expressed an extraordinary understanding of the plight of the Jewish people for a home: ‘Should I remind you of the visceral attachment of every Jew to Israel, as a second mother homeland? There is nothing outrageous about it. Every Jew carries within him a fear passed down through generations, and he knows that if one day he will not feel safe in his country, there will always be a place that would welcome him. And this is Israel.’”   Dr. Eliaz is former Director at the Israeli National Security Council and consultant on European-Israeli Affairs.

Said Eliaz, “We may expect Sarkozy’s presidency to bring a dramatic change not only in Frances domestic affairs, but also in the country’s foreign policy in the Middle-East…

As a Minister of Interior, Sarkozy shared much common policy ground with (then) former Israeli Prime Minister, Benjamin Netanyahu.”

Upon receiving the World Statesman Award from the Appeal of Conscience Foundation in New York in September 2008, Sarkozy said ‘Anti-Semitism is a stain’ that must be eradicated.

“When a Jew is insulted in France, when a Jew is ill treated because he is a Jew, it affects Jews throughout the world…”

The article Sarkozy slams anti-Semitism (September 24, 2008) continues: “Sarkozy earlier in the day made a forceful speech at the United Nations, vowing to pursue further sanctions against Iran…”  

It was Sarkozy, then president of the European Union and point man for the European bailout, who on September 26, 2008, called for a new international monetary system--the ultimate grab by the international financiers for all the world’s finance marbles.

 At Davos 2010, he called for creation of a World Environment Organization (WEO) as powerful as the World Trade Organization (WTO).

In short, Sarkozy is no Charles de Gaulle.

Thu, 03/17/2011 - 15:37 | 1067877 cossack55
cossack55's picture

Liliane Bettencourte? Wasn't she that hot chic in "Waterboy".

Thu, 03/17/2011 - 17:26 | 1068446 JR
JR's picture

Maybe, but she’s 88… I know makeup works wonders, but…

Speaking of radios-magazines-television-movies-‘n-books, Monica Waitzfelder’s written a book called L’Oreal Took My Home: The Secrets Behind a Theft, and is suing Liliane’s L’Oreal for receiving stolen goods for having acquired her Jewish family's home after it was “illegally seized during the war.”

Waitzfelder is the daughter of the Rosenfelder family who, she says, fled Karlsruhe, Germany, until “after the fighting ended,” only to find they were unable to return to what had “rightfully been their property.”

At the same time that Waitazfelder is suing over her “home,” Netanyahu and his Israeli forces are bulldozing and/or seizing Palestinians’ homes and people such as Rachel Corrie, who was crushed to death in the Gaza Strip by an Israel Defence Forces (IDF) bulldozer when she was kneeling in front of a local Palestinian's home, thus acting as a human shield, attempting to prevent IDF forces from demolishing the home.

Waitzfelder has taken her claim to the European Court of Human Rights. Rachel Corrie and the Palestinians, of course, have no claims to "human rights."

Thu, 03/17/2011 - 14:24 | 1067524 johnQpublic
johnQpublic's picture ahead

bankers building nuclear god on faultlines


Gods nuclear bankers building faultlines


nuclear God building bank on faultlines


banks go nuclear...Gods fault

Thu, 03/17/2011 - 14:28 | 1067534 luk427
luk427's picture

Ask Iceland what they think of banksters.

Thu, 03/17/2011 - 14:36 | 1067570 GoinFawr
GoinFawr's picture

They probably feel exactly the same way most of us do. Better to ask them to show us how to deal with them, they seem to have a lot more skillz in that dept.

Thu, 03/17/2011 - 14:32 | 1067553 velobabe
velobabe's picture

japan is short on natural resources, and short on land mass. probably has something to do with decision making. large nuclear plants on small island. complicated.

Thu, 03/17/2011 - 14:34 | 1067559 baby_BLYTHE
baby_BLYTHE's picture

DOW up 110+, S&P up 14

you cannot make this stuff up!

Thu, 03/17/2011 - 14:38 | 1067580 gordengeko
gordengeko's picture

Pretty sure the sleeping giant in the hill is the collective human conscience of which they've controlled for so many years.  Just about all of these people in the upper echelons of the corporate elite have a fascination with symbols and the occult.

very cool site


Thu, 03/17/2011 - 14:46 | 1067582 Zero Govt
Zero Govt's picture

The problem for Rockerfellor, Warburg and Geithner is not only their delusion and arrogance as personal traits but their belief they have have any right to dictate to people. Geithner has no public mandate for a global currency that's not forgetting the fact he is an unelected career crone of the US Govt and has no public support (ditto Rocky and Warb)

So here we are with a world where delusional unelected control freaks think they can by their own opinion force currencies and many other policies on us.

The altenative to this delusional extremist minority group is the free market. Where instead of one unelected monopoly bank deciding they should merge their monopoly national currency with another unelected bunch of crones at another central bank that like every other product or service, we just let the free (competitive) market come up with different competing currencies.

Then consumers decide which works best, even 2 or 3 money systems. This is the empowering thing of the free market, citizens decide (have the power).

Not a bunch of delusional fukers like Rocky, Warb and Git-face

The free market is a system so close to perfect only arrogant retarded parasites could ignore its brilliance and think they have somethng better

Thu, 03/17/2011 - 14:49 | 1067617 Al89
Al89's picture

I see no problem with the concept of a 1 World government. Sadly many nationalists don't share those views, which is the tiny problem that many internationalists forget.

Thu, 03/17/2011 - 14:51 | 1067634 Dr. Porkchop
Dr. Porkchop's picture

I await the future of the Federation of planets. We will eliminate money.

Thu, 03/17/2011 - 14:53 | 1067635 Zero Govt
Zero Govt's picture

so local Govt is crap, national Govt is crap, international Govt (UN, EU, IMF etc) is crap don't have a problem swallowing crap then?

...not sure how old you are but have you ever thought you could get by without someone governing you? know no Bush or Obumma to hold your hand (while robbing your wallet) ...could you get past the nappy stage enough to manage yourself from cradle to grave? ....just an idea!

Thu, 03/17/2011 - 15:29 | 1067814 Al89
Al89's picture

You are an anarchist advocating zero government? I think it might be you who needs to leave whichever high school class room/college common room you spend your in days while imagining idealised scenarios which are totally disconnected from any kind of current or possible reality.

Note the post-Katrina chaos as an example of people governing themselves. Even in an anarchic society people would soon form small local governments to protect themselves and enforce law, something you also seem to be against.

Note that even free market libertarians acknowledge government in their writings. A small government along the lines laid out by free market thinkers/libertarians is what is needed.


Thu, 03/17/2011 - 15:42 | 1067901 cossack55
cossack55's picture

You dropped your pacifier, Junior.

Thu, 03/17/2011 - 19:30 | 1069012 zaknick
zaknick's picture

Junior is an obvious, fed sucking, troll.

Thu, 03/17/2011 - 14:51 | 1067633 linrom
linrom's picture

Central bankers are not playing God, they're playing a game of chicken. In order to preserve wealth, they must print more and more money into infinity to keep the system from imploding. By exchanging fiat for gold in a society with high wealth concentration, the wealthy attempt to preserve their wealth by ultimately distributing it in exchange for NEW FIAT. Unfortunately the math won't work out: you can't go from a skewed wealth concentration system back into a new money system without egalitarian reset.

Thu, 03/17/2011 - 14:59 | 1067663 baby_BLYTHE
baby_BLYTHE's picture

that is why a Hyper-Inflationary Depression is cuming.

A lot of Americans won't be happy with this chosen path.

chairsatan is the first central banker in history to state with intention desire to CREATE INFLATION!

Doesn't matter. In the end, All this political BS.

The dollar is going to be destroyed. After that event happens, we will just have to wait and see what the remainder of the country will look like.

I propose a toast to the 21st Century!

Thu, 03/17/2011 - 15:04 | 1067693 6 String
6 String's picture

I think krieger is ultimately right, but his timing is off. If there is a "hard reversal" in commodities, you can bet Benny is gonna make Congress squirm a bit before he unleashed QE3. So there will be an air-pocket, it will initially take commodities to the wood-shed....

When it's tough sledding without the QE, and it will be, Benny boy will finally come in with a QE3 and blame it on reckless government spending of all fucking things.

That's the point to load up boys--when it gets really tumultuous this summer.

Thu, 03/17/2011 - 15:04 | 1067696 bernankruptcy
bernankruptcy's picture

The proverbial has hit the fan US Navy evacuating non essential personel to staging post in Korea. ” only bring 3 days kit with you “.

Here are the Evac orders from the Navy. I am told the video is of Capt. Eric Gardner, of the Naval Air Facility Atsugi.

Thu, 03/17/2011 - 16:11 | 1068103 Let them all fail
Let them all fail's picture

who is John Galt?

Thu, 03/17/2011 - 16:53 | 1068290 honestann
honestann's picture

Everyone who converts all their fiat paper to gold and silver [and other real, physical goods]... and remains productive... and stops supporting the predators-that-be by obeying and paying taxes.

Thu, 03/17/2011 - 16:21 | 1068146 Jasper M
Jasper M's picture

Seems to me the answer is obvious: You can't render a fault line harmless with a well placed bullet. 

Thu, 03/17/2011 - 16:50 | 1068283 honestann
honestann's picture

In the end there must be a war between the predators-that-be and everyone else.  Otherwise, there will be no "everyone else" beyond a few overt, massively abused slaves to lick their boots.

Oh, and to answer the question posed, the predators-that-be (including the Fed) are much more dangerous than nuclear reactors, and the nuclear reactors that exist today are dangerous as hell... in the long run.

Thu, 03/17/2011 - 17:06 | 1068348 jmc8888
jmc8888's picture

The 2nd makes sure the 1st happen.  Well not 'happen', a correct way is to say, 'tough it out' because they have to 'pay off the loans', so the banksters sitting on them, can make money, and loan out more. It's the banksters that create the situation for continued use of dangerous and suboptimal solutions to ANYTHING based on the DEBT associated with the suboptimal solution.

Without the fed, and in its stead, credit uttered for loans by the fed gov't, part of which would be nuclear power plants, the federal gov't, not being a for-profit bank, can then EAT bad loans, if they find out where they put the reactor, was correct, or some flaw was exposed. Under the current situation, they have to...

a) lie about it (or hire incompetent people to get the answer they want)

b) tough it out

Besides, they have to have enough $$$ in loans to cover the appropriate surveys and scientific work needed.  The federal gov't can utter the credit needed to do these sorts of things necessary to ensure the best made reactors humans currently can make (as the stopgap until fusion...that's the plan...stick to it). 

The fed also keeps us from fusion style manhattan projects, which also means, that there is a few decade lead time where we need to be dependant on other energy sources...oil..nuclear..coal..natural gas. (I won't use wind/solar since these are utter boondoggles).  That lead time could of been halfway done or more, but we've been kept from it, because the central banksters haven't seen the 'value' in it. (as opposed to the quick fix of 300x leverage on derivatives)

The central banksters energy plan? Print more money. It'll somehow 'find a way'. 

WWIII and/or a hyperinflationary crash would be much worse. (or a deflationary one where the presses are stopped...but the debt isn't cancelled as the fraud it is...see the austrian school of monetary non-thought..and their idiot candidates)

Billions dead and suffering is far worse than building a nuke plant on a fault line in the path of a tsunami that melts down.  (remember, in WWIII plenty of nukes [little doubt] fly dwarfing the japanese situation).  [and lets not forget that building at such a place is idiotic, and at any time can be abandoned in favor of a better solution...its just the banksters that will cry foul..and ensue peer pressure 'shame' tactics]

We ain't see nothing yet.  On a scale of 1-100, the current Japan situation would be ~2 (for the planet at a whole).  WWIII could be a 100.  Or maybe 90, if you consider a meteroid on a collision course the size of Texas, Armageddon style as 100.

We all know this (central bankers are worse) to be true.  That's why we follow the markets AND are watching the Japanese disaster.  Because the nuclear fallout alone, isn't the biggest risk overall.  What can happen to Mr. Market and the ability to live around the world is. What these central banksters can pump into the market (i.e. wasted money) can destroy everything and the need for rebuilding credit will still have to be met.


Ireland...listen to Sinn Fein, 'burn the bondholders' (that's a quote, to desrcribe that is a metaphor to let the bondholders lose their bets...fraudulent ones at that)...and anyone buying Irish bonds, knows what they are getting into. *anyone misrepresenting this to sheeple, i.e. selling Irish bonds to pension funds, should be massively sued for fraud*

Don't listen to washington or wall street.  Take back washington (vote..for the CORRECT candidates) and stick it to wall street.  If they talk about cutting or printing, as opposed to Glass-Steagall wiping out of fraudulent debt, you know not to vote for them.  You'll KNOW they don't understand the situation.  Because if you want to print, or cut, or even think either will give you a good outcome, you'll say those things.  It really is that simple.  Those that want to cut or print, know jack shit.  Call them out for the fools they are, and vote for people that will take the 3rd option, destroy the debt, not the economy and livelihood of the entire planet.


Thu, 03/17/2011 - 17:32 | 1068454 bbaez
bbaez's picture

The budget would be well served by ending Corporate Welfare, Closing Tax Loopholes and Ending Price Supports

Almost overnight the budget would balance itself

Ending Price Supports would combat high food prices

A flat corporate tax would also solve a lot

Thu, 03/17/2011 - 18:30 | 1068671 Juan Venti
Juan Venti's picture

So what do I tell my Dad about his 401k? There a way to get physical gold and silver into to portfolio, yes? Recommendations?

Thu, 03/17/2011 - 20:41 | 1069255 Xkwisetly Paneful
Xkwisetly Paneful's picture

SOme pixie dust, it is a taxing problem and not a spending one. The rich aren't paying anything with savings rates pegged at 0% just ask any neo marxist.

Beyond the $14trillion obvious debt how about the trillions in off balance sheet SSI and medicare debt?


Tax the rich, oh wait Europe does that and is mostly broke too. After two months that money would be gone anyway.

Triple tax corporate profits, oh wait Europe does that as well and is mostly broke. After two months that money would be gone anyway.

Give the poor and middle class tax breaks, oh wait been doing that for 50yrs and now in 2010 most citizens won't owe federal income tax.

Go back to 100% reserves, oh wait keeping endless capital in a closet somewhere can only benefit the wealthy.


How about getting rid of the 90% of the government that only 10% of the people would notice it being gone?

For some odd reason  massive government reduction has not been tried,

I wonder why?


Wanna free the people, stop Uncle Sam and his state and local brothers from being the single largest profiteer in every single economic transaction.


The stupid idiotic neo marxists are never going away,this is the only end game of constantly increasing the percentage of those living off the rest.

Just look around, recently exited a free money, borrow as much as you want at historically low rates period like never before and the whining has gotten louder.  Had unabridged opportunity and fukked it up beyond belief but that is not enough. There is no enough until every productive citizen is completely sucked dry. That is the entire point of modern government and they have fulfilled that singular role extremely efficiently. Raise taxes to 95%, two months later there would be a deficit and the neo marxists would be crying for 99%.



Thu, 03/17/2011 - 21:04 | 1069400 Huck T
Huck T's picture

"Genocidal" Fed policies? 

I don't cotton to them either, but The Bernank is hardly the moral equivalent of the Middle Passage or Treblinka. 

Capitalism, such as it is, has been around for maybe 400 years.  Maybe.  Plutonium lasts for 10,000. 

Here's the problem with this framing-method:

If he really has to ask such a question, he's an idiot.  If not, he's a disingenous asshole.

This is why trying to tie your pet-theories to other people's misfortune is a weasely and horseshit way to do business.

Bubba, you have a valid point of view.  Just write it straight without the Gotterdamerung heaviness.  The results might surprise you.  

Fri, 03/18/2011 - 06:41 | 1070501 falak pema
falak pema's picture

Definition of Benbernankification : Permanent Qe- to -infinity erection. It'll never come down. And, what goes up stays up thanks to infinite inflation. 'Deflation' is now by definition a dirty financial word in the Centrally planned, 'New Oligarchical World Order', under our very eyes, only fit in the mouth of every heretic who should be condemned to be burnt at the sake. 'Print baby print' and then 'burn baby burn' every heretic who cries it won't work!

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