This page has been archived and commenting is disabled.
Mike Pento And Keith Boykin: "We Are All Greedy And Selfish"
Pento's earlier return to CNBC can only be attributed to the ratings surge resulting from the episode of him being "rude" and kicked off by Erin Burnett, after he dared to question her assumption that the world will continue to fund US debt in perpetuity. Nonetheless the tension (of somewhat ambiguous origin) between the two remains which may explain why Mike Pento appeared on the Kudlow show to discuss how Obama can satisfy Wall Street. Pento was sterling as usual, saying Obama's best bet is to convert to the tea party, but absent that he "should remove Ben Bernanke, and put the head of the Fed should be someone who is not so enamored with counterfeiting, and put someone who believes in markets. That would help to a great degree." Yet today's moment of insight comes from Keith Boykin who points out that the conflict between Wall Street and Main Street continues, in that the former couldn't care less about jobs (unlike the latter), and are much more fixated on the bottom line. Although obviously without jobs, the economy will crumble, which explains why Pento once again points out the obvious that America, to be competitive with the Chinese, should "lower taxes, lower wages, and reduce regulations" - all three of which have virtually no chance of passing in a country used to being coddled by cheap credit and ever rising wages, even if this money continues being devalued day to day. And while Boykin seems unable to grasp the concept that a bottom line has an expense component to it (i.e., cutting record bloated government spending), the line of the day goes to him: "We are all greedy and selfish." And there you have it - Americans can look at the administration for answers, at Wall Street for scapegoating, but fundamentally, when it comes down to actual change, this can only happen at the individual level. And deluding oneself and preventing any real change is what the average American individual excels in, more than anyone else in the world.
Full clip below: fun stuff begins around 2 minutes in.
- 25086 reads
- Printer-friendly version
- Send to friend
- advertisements -


I thought I had already washed you out of my husband's underwear. Dammit.
"Obama is going to give her the tools she needs..."
nice... i couldn't read the teleprompter with a straight face like that...
""We are all greedy and selfish."
Excuse me, I just threw up on my toga. Yes, we are all "greedy and selfish" to one extent or another -- from craven money-lust on one end of the spectrum to enlightened self-interest (aka altruism) on the other -- but let's be clear: Greed and selfishness need outlets, and there is no greater outlet for either than the license to steal that is the state:
There are two fundamentally opposed means whereby man, requiring sustenance, is impelled to obtain the necessary means for satisfying his desires. These are work and robbery, one's own labor and the forcible appropriation of the labor of others . . . [such that we] call one's own labor and the equivalent exchange of one's own labor for the labor of others, the "economic means" for the satisfaction of needs, while the unrequited appropriation of the labor of others [we call] the "political means. ...
The state is an organization of the political means. No state, therefore, can come into being until the economic means has created a definite number of objects for the satisfaction of needs, which objects may be taken away or appropriated by warlike robbery.
http://www.franz-oppenheimer.de/state1.htm
Good quote. And that pregnant pause which follows gives one ample time to consider the wisdom contained therein.
Ok, basically nacrissitic squabbling about things which nobody has any control over.
One thing that's important, I assume, about the Bush tax cuts, is that they kept the banks happy should interest rates go south. Now, with interest rates at the low extreme, which nobody controls, taxes are an issue, much like they were in 1938. Don't tax the rich. Eat your landlord and then their gold.
I assume that these taxes are a priority, because this would prepare for a negative discount rate or negative rate repos, because this is what this tax is meant to level the playing field for. Pento will get what he wants, just that the market did not yet arrive at this point. In fact, its late by about a year.
Japan has to get with it and allow for negative interest rates if they ever want to get out of deflation groundhog day. Their whole yield curve going out to 7 year treasuries are yielding less than 0.5%. Are they going to wait until their 30-year long bond is yielding less than half a percent? Just how masochistic are they?
The Decepticrats are in favor of increasing taxes BECAUSE they DO NOT want to CUT SPENDING! (can you hear that?)
I'm not in favour of either political party as I don't live in the U.S. But there is no way to avoid spending during a deflation.
Spending will have to be increased, just that for the time being all of the taxpayer dollars are going directly into the corporate bond bubble, and people making millions off it don't want to see their taxes increased in any way. In the meantime, the gini co-efficient widens with the rest of the western world as more people become impoverished, are seeing their benefits slashed and wall street making off again.
I guess you would have to start with fair taxation from the point of view that at least if you're making a certain amount of money off the taxpayer subsidized corporate bond bubble, then you would have to be paying a certain amount of tax. That will give rise to a scenario that only gets repeated during deflations.
The loophole which wall street will seek is negative repos, but they don't even want that right now and feel they are in a position to outright refuse. I think the market will intervene, though its been held off for about a year.
Oh yeah, and I lost all respect for this shitty swedish website when it started allowing Jim Cramer ads on it
This, combined with the incessant conspiracy theories and america bashing make it time for me to take it off my bookmarks list and never come back
Stay, Dr. B, your comments could bring sanity to at least a corner of this forum.
Well, i for one will miss you keen analytical skills (as demonstrated by your ability to google ad sense), your ability to refute an argument (as demonstrated by your strong argument against "american bashing"), and finally your good humor (self evident).
Alas, all good things must come to an end.
Don't bother with a forwarding address, you and your excellent contributions are enough of a departing gift.
Thunderous applause and foot stamping!!!
And the crowd goes wild!
Liz..zy! Liz..zy!
Excellent farewell speech.
And just when I'd started looking forward to further eruptions of your simple-minded naivete, Doc! Too bad.
Damn, that's the second deeply offended, never coming back customer of the day. Could an exodus of idiots be developing?
"Could an exodus of idiots be developing?"
What?
No no no, the other idiots.
What, I have to leave, really ... Brutal.
Look, Dr. Brown left a skid mark.
Use the following to kill ad sites:
http://www.mvps.org/winhelp2002/hosts2.htm
Dumb broad: "He can please everyone if he FIXES the economy". What an insightful comment, fix something that is co-opted and broken permanently?
Kind of like scrambling an egg, you can't unscramble it.
This is total B.S.
Back before the 70's one person could bring home a middle class income while the other stayed home and raised the children. Then the seventies came along and Mom had to go to work just to stay even. The children went to day care. Oh yes, I am saying the supposed social gains of the sixties, women's equality, was simply a necessity.
This trend has continued in the years since and now two salaries, even two good salaries is not enough. There is no paying for the kids college; they will go into debt if they want that. This did not happen because people are greedy. The forces that caused this are from outside of people lives.
Yes, yes, people did stupid stuff, bought stuff they didn't need but then again when you can't make ends meet anyway, and credit is readily available, why not? might as well just go for it; hopefully, it will all work out in the end. Lots of businesses are operated that way and now so are personal lives; of course it inevitably ends badly.
A thought experiment: Suppose we wipe the slate clean and erase every consumers debt, take away their credit cards and their home and tell them; OK, now you must live within your means. What would that mean? How many people can do that? What would our society look like? Better start building lots of low cost high density housing like in the old USSR; we would need it and I doubt it would be enough; no, dormitory living is more likely.
The fact is the the United States has operated its economy exactly like the people who decided to go for it figuring somehow it will all work out. The consequences of that is that people who were responsible, pinching pennies trying to live within their means were in a very difficult place.
Some good points. The primary reason one salary could support a family 1~2 generations ago, while 2 salaries is now insufficient is --- the predators-that-be are skimming a much huger percentage off the top today. True, the predators-that-be also conned regular folks to spend like insane teenagers on the endless credit cards shoved down their throats, and also conned them into refinancing their homes every 5 or 10 years so they could blow that money on keeping up with the Jones.
However, the predators-that-be (Greenspasm, FederalReserveBanksters, WallStreetFinancialCretins) created the insane, unworkable system - and they did not care it was CERTAIN to blow up. Even morons like me could clearly see that a society in which everyone was getting deeper and deeper in debt HAD to lead to a time when the debt could no longer grow, when more-and-more borrowers could not even pay their interest payments and basic necessities.
What they created was a disaster. By spewing debt into the society, it drove up prices like crazy. Almost everything (most certainly including government) became massively too expensive, because when money was so easy to get, people didn't really care whether they could afford things, they only cared about whether they could make the down payment (or fit within the limits on their 37 credit-cards).
Today, nobody wants the value of all the crap they massively overpaid for to drop. This is INSANE. Anyone who wants products to cost more is literally insane. But that is exactly what the system has been trying to force. That and keep the hyper-rich predators who caused this disaster from going out of business. The solution has been to borrow on the taxpayer account to keep the gangster banksters and their scams running, and keep their obscene multi-million-per-year bonuses and incentives flowing. Obscene because they are being received for DESTROYING, not producing.
Bernake does intend to "wipe the slate clean". He intends to do that by making a dollar worth one cent, or one millicent, or one microcent. Then everyone can pay off their bills at one micro-penny on the dollar, and the government can tax the crap out of everyone for the huge "gains" on their homes (since their price in dollars has exploded even as their value in real goods has collapsed).
However, this wipes out honest, ethical, productive savers (unless they held all their assets in gold and real, physical, [hopefully productive] goods). And even if they did hold their assets in gold, when they sell it at $150,000 per ounce, even though each ounce has the same purchasing power as today, the government will steal 20%, 30%, 50% of the fictional "gain".
The only solution is to TOTALLY shut down the federal government. I'm not saying this will happen, but this is the solution. The states formed the federal government, and the states can shut it down (though they won't). Or the size of the federal government must be cut to 1% to 5% of its current size, and only perform the absolute minimum it possibly can. Government at all levels must 100% exit the realm of "money", and let humans exchange whatever goods they want. No more fiction!
Really, the only solution is to go back to frontier times. Contrary to knee-jerk reaction, the humans in north america would be in fantastic shape after a mere year of rebalancing. The fact is, given all the increase in efficiency due to technology developed since 1776, humans can live a spectacularly wonderful life today absent the burdens of government and the hyper-powerful predators that control it. No fiat money, no leverage, no fractional reserve anything, just production, trade, and the good life.
The solution is simple. Stop pretending that fictions like government are real, not simply "jedi-mind-tricks" adopted by predators to enslave and fleece the productive. Everyone lives their own lives, period. I suppose it would be possible to still have a "government" of sorts... but it could only have voluntary programs that anyone could subscribe-to, or not subscribe-to, with no abuse or artificial punishment/restrictions for not subscribing (you simply fail to receive the service).
T H E G R E A T A M E R I C A N D R E A M , bitchez.
to create more interest in the dollar i reccommend a "scratch and sniff" dollar.
Or a "mystery dollar" . The denomination gets announced later.
I really like the "expiring dollar" the best if it includes a "use by.. date and then dies.
Can anyone see the funny side of the shit we are in?
Bullish on Charmin
THE GREAT AMERICAN NIGHTMARE.
And yes, "nightmare" is a dream.
Yes exactly and just to fill in a few details of how the heist has been perpetrated. Remember back when Mom went to work there was still a big asset that hadn't been stolen yet and that was home equity. After a time in the eighties, even with Mom and Dad working, times began to get tough again but boy the banksters came up with a deal for you! HELOCs or Home Equity Line of Credit designed to drain the equity out of each and everyone's single most valuable asset, i.e., their home. Now we could pay off that debt that had accumulated along with a Doctor Bill and a car loan. Of course the marketing of these HELOCs involved all manner of "Home Time", "This Old House", and so many of us had a party; I suppose this the greed mentioned above. We took that vacation, remodeled that kitchen, paid off our credit cards and in the process blew the one true asset that would make retirement livable. It wasn't that people were being greedy though; life is short, there should be something in it; without the HELOCs, the U.S> economy would have gone into a deflationary spiral long ago but now the HELOC's and other kinds of consumer credit just made it an order of magnitude worse.
The banksters got our equity
mom, bitchez†
It's gonna happen, one way or another...
Spot on in paragraphs 1-6. But I feel the problems you cite are not due to fluoridisation of our drinking water, as I infer from your final paragraphs.
Check it bitchez. I dont think there is anything wrong with greed, but it must be the role of the government to set a rule of law, that deters the type of thing like glass steagall act. but really this is all stemming from the lack of a gold based monetary system.
Greed is good.
http://www.youtube.com/watch?v=7upG01-XWbY
Awh. Quit Complaining.
There is a HISTORIC recovery underway.
S&P 500= Bucking Bronco :)
Making millions has never been eaiser in a lifetime.
Bernanke is the man you want behind the balance sheets of these guys taking the US and world economy in for soft landing.
Johnny? Is that you, son?
No VI, thats geithner. check the picture. See the likeness?
By all means, make some millions, but you'll have to share them with us BEFORE we believe you! :~D
Ah pento! But not ALL OF US are able to be greedy and selfish with OTHER PEOPLE'S MONEY (and futures, and their children's futures, etc)
What do you mean other people's money? The US isn't paying down and any debt. Never has. Never will. The children will not be paying off any of this debt. I assure you.
Sure we're there now!
There was a point where it could have been stopped.
We can argue about where that was, who that was, but it was.
Speaking of children, you need to change that avatar. I recommend the bag.
Greed and Fear, Fear and Greed. Pento isn't wrong but he is being disingenuous. While it is true that in the long run getting out of the way of the market willl cure most of the ecnomies problems it will do so only after a very painful and protracted process occurs. It is the right thing to do but ask any junky if they want to go through withdrawls and you will rarely find one who will volunteer for that experience. I think the public is beginning to have an intuitive understanding of what must happen and they are fearfully looking around for someone, anyone to save them from the pain they must go through.
And responding to that fear is an easy political sell.
Z
I love how people think you can just isolate economic variables. "Clinton raised taxes and then the economy started booming"
"Pento's earlier return to CNBC can only be attributed to the ratings surge resulting from the episode of him being "rude" and kicked off by Erin Burnett, after he dared to question her assumption that the world will continue to fund US debt in perpetuity."
Laughable... "can only be attributed to"
Or perhaps he's just simply part of a welcome chorus of voices that help the FED and government promote fear of inflation to part more people from their money. The government and the FED LOVE inflation fears when deflationary forces are lurking in the background. Inflation is the hidden tax, and they are fighting like mad to prevent deflation. Inflation expectations help their designs, but pray tell how debt strapped citizens can participate in the pumping up of monetary velocity required for hyper-inflation to manifest? When people sell assets to raise cash (stocks, bonds, US Treasuries, real estate, etc), what is the bull market? Ans: CASH. It won't last forever, but longer than you think... especially with a FED and US Govt that lives in denial like Japan has been for over 20 years. Don't get me wrong... I believe in gold as prudent protection from fiat madness, but Central Bankers are still playing the same games Thomas Jefferson warned us of, just on a longer cycle...
"If the American people ever allow the banking system to control their money, first by inflation, then by deflation; their children will one day wake up homeless on the continent their fathers conquered."
Oh and by the way, doesn't Pento owe some thanks to ZeroHedge for making an issue of his ejection and laying the groundwork for his re-insertion?
Are these forms of greed good, or bad?
1. Being greedy and wanting to obtain wealth by efficiently providing goods and services that remove other people's felt uneasiness.
2. Being greedy and wanting to obtain wealth by speeding the market to equillibrium through foresight and shrewd speculation.
3. Being greedy and wanting to obtain wealth through robbery (taxation, subsidies, welfare, bailouts), aggressing against others (special union rights, patent rights, tarrifs, anti-trust laws, etc.), bailment fraud ("fractional reserve banking"), counterfeiting ("fiat currency"), kidnapping innocent people (e.g. pharmaceutical entrepeneurs, or agricultural workers with the wrong color of skin), murder (military industrial complex), arranging for others' enslavement (government bonds), or other immoral and unconscionable acts.
"Contemplate the mangled bodies of your countrymen, and then say, What should be the reward of such sacrifices? Bid us and our posterity bow the knee, supplicate the friendship, and plow, and sow, and reap, to glut the avarice of the men who have let loose on us the dogs of war to riot in our blood and hunt us from the face of the earth? If ye love wealth better than liberty, the tranquillity of servitude than the animating contest of freedom--go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that ye were our countrymen!"
-Sam Adams
We have to stop depending on the Government, the Supreme Court, to defend our constitutional rights. Stop pretending they care, or think its their job anymore. It never was. It's up to each one of us to defend one another's rights. I want to form a citizens rapid reaction force to descend on the site where a fellow American is being deprived of their rights. WHO IS WITH ME.
(disclaimer - I am well into the scotch)
I am.
me too. I like traveling to exciting destinations.
already there my man. see you in heaven.
disclaimer - already well into "it all"
I like the sound of that disclaimer.
WHO IS WITH ME.
(disclaimer - I am well into the scotch)
Is that an invitation to drink your scotch?
Cheers!
Let's drink to scotch.
To scotch! That's a double.
To the Scots! That's another double.
To the Scots-Irish! That's a triple followed by a bare-fisted barroom brawl which culminates in the sloppy singing of sentimental songs.
Hic!
LOVE this thread this evening!
I am OUT of the markets until further notice!
Sip of my "Death after Midnight" cocktail (fruit flavored vodka with some absinthe).
"Death after Midnight" cocktail (fruit flavored vodka with some absinthe).
vodka WITH absinthe? You must be rolling!
black people seem to think government exists to vote themselves other people's property.
LS is a drag. A well known drag. We turn the sound down on him and say rude things.
If his goal is to offend, he succeeds resoundingly. Reading his comments is like discovering you have a carbuncle on your neck.
Are you serious? Do you think skin color predisposes political alignment? Fallacy of correlation-causation. Minorities have been easy prey for the elite due to social ills of our own causing going back many generations. Racist comments do nothing for the cause of liberty... it feeds distraction and reinforces the two party paradigm. Rise above.
"Do you think skin color predisposes political alignment? "
Are you serious? The democratic soviet is comprised entirely of blacks, jews, queers, communists and illegals. Blacks would vote 100% for marion barry against abraham lincoln.
Blacks would vote 100% for marion barry against abraham lincoln.
Well, Barry would be the lesser of two evils.
Of course there's no gene that controls voting Democrat, Cat. Don't be so obtuse. The fact is that 90% of blacks vote Democrat. (Does that fact offend you? If so, I most humbly apologize)
And since you're out to censor "racist comments" (rather ironic when you mention liberty in the next breath, but I digress) . . . does that include Spalding_Smailes tired, stupid "blame whitey" post, below? After all, he's holding all whites (the proverbial "you") responsible for the problems of the black community, when all I do is work and pay my taxes. I ain't never O-pressed no black man, why they my problem now, gnome sayin?
In fact, I was born after the Civil Rights Act was passed (you know, that federal law that grants preferential treatment to non-whites), so if anything, the black man has really been oppressing me, hasn't he?
on the most part, white people suck.
I dont see immigration problems in brown countries. That is for fucking sure.
All people suck, Kathy.
But in my opinion, white people suck less. What other racial group in the history of man, while in power and fully capable of exerting that power, has voluntarily ceded it to and for the benefit of minorities? If you think white people suck, try living in Africa, Latin America or Asia for a few years. I guarantee you'll be whistling a different tune.
well it is relative.
"All people suck, Kathy". including yourself.
Well you import a group of people( not sure if they wanted this), treat them like garbage, provide no education for the first few generations, and allow the worst drugs known to man to infest this segregated class over the last 35 years what do you expect... You fucking moron....Lets see your daughter make it to harvard when every person that she ever comes in contact with is fucked up, how is she going to figure things out, some do god bless them, they make agreat life for themselves and there family, most are not so lucky .Everyone has free will and a choice but when everything is fucked up all around you, odds are that will rub off......., you have the mind of a tick buddy, real fucking stupid.
I'm going to a fundraiser in 1 week to help raise money for winter coats for 3rd-4th grade kids in illinois. Imagine going to school every day not having a coat, or not even fucking eating, go back to yankees game, your a tool ...
You go beg for those coats and make yourself feel better, you fucking asshole.
lol You seem upset, Smailes? Did somebody eat your fat?
But seriously, the fact that you could insult someone else's intelligence, after posting that pointless, juvenile diatribe of yours (there is literally not one relevant, rational thought in it) with nary a twinge of self-consciousness, is hilarious. You're obviously not the sharpest tack in the box yourself.
And your retort shows what ....?
Please come back and tell me step by step why im wrong, please do this so I can the start ripping your post apart. So your an educated fuck, big deal, ... Show me the errors in my ways, show me the light my lord ...
I was just pointing out that you're a blowhard, without expressing a position on the underlying issue. Shrill, bitchy, name-calling PC-whiners who throw hissy fits any time someone mentions something "taboo" are a pet peeve of mine, what can I say?
No (PC) with me brother, its either black or white, pardon the pun, thats it.
The grey area is for the weak. The shit Liberal (for my cousins) Sodomy posted was totally uncalled for.
You do not represent the collective consciousness of this website. I would not censor you, but I don't believe that you believe what you wrote for even a second. You do look like you are either trolling for uber reaction or you are trying to discredit the site.
Why wouldn't he, it's largely true. "Obama gonna pay my mortgage" and all that. I could give you many, many data points, but let me approach it this way - Do you agree that blacks disproportionately benefit from government welfare and wealth redistribution policies? (Hint: If you answer "no," you are either a liar or ignorant. If you're a liar, then it's you who's the "troll" and if you're ignorant, well then, your opinion on the subject is worthless. If you answer "yes," and you assume that black people are rational and capable of pursuing what's in their best interest, then what might this suggest to you about the way that 90% of blacks in this country view the role of government?) No more hints, you can figure it out from here. ;-)
Speaking of trolls, are you really so narrow-minded that you truly consider someone who expresses an opinion with which you disagree, or that hurts your feelings, a "troll"? Or is that your super weak attempt to brush off and shut down arguments you know you'd lose? Calling troll is so 2000s.
...."A little learning is a dangerous thing; drink deep, or taste not the Pierian spring: there shallow draughts intoxicate the brain, and drinking largely sobers us again."....
That's deep, man, really deep . . . lol
So I guess you imbibed just the right amount of that Pierian spring to have all the answers, and plenty of righteous conviction to boot. haha Wow what luck on your part. You should check with the Dalai Lama and see if he's lined up a successor yet.
There is at least one comment on this thread where the the writer feels it necessary to qualify greed so as to not offend others re: the desire to have "more." But I can't find it right now as I have taken a nightly dose from my "medically prescribed" Marijuana cigarette.
Greed is good! The one's who screw it up are the truely greedy - people who don't understand win-win, or what "balance" means in the way they take. Those people give greed a bad name. Greed can be a good. Call it "good greed." Some people in this country have gone soft on this concept.
I am happy to elaborate, but hopefully a few of you understand what I am saying - the stoner's do.
Gordon Gecko, who appears to be reformed based on the trailers i have seen, only had part of the equation right when he went to the big house. "Good greed" is good, Gordon.
/sarc off
Normally they wouldn't, but since he is such a mainstay on the show they didn't want to make people suspect something. But they made sure not to have him on her show, which is a shame. Because Erin Burnett is just as rude but in a very passive agressive way and not to mention condescending also. What Pento did was essentially rat out the whole truth of what is going on in our economy. That is one reason why she came back and tried to show that his claim is false and trying to get him to say where else will people put their money. And when he did try to answer her question on top of a question on top of a question (an old technique to make the person answering seem flustered, Fox news pundit tried to do it to Obama during a one on one a few months back), she was saying he was being rude. But all he did was to call her out on her questions like the fact that she said that china was still buying treasuries and it was only down on one month and Pento coming back and saying that China was buying less and less every month. Her only rebuttal was some comment about somewhere on the curve?
CNBC cannot let anything stand that shows what is truly going on in the markets, at least many of their anchors. Erin is a member of the CFR, and you have to wonder why is it so many of the rich and media moguls are in groups like this. And that is to set an agenda and/or to be called upon to make sure said agenda or idea gets pushed forward. And at the end when it looked like he wasn't going to have the final say, Mike comes out and says in response to the other "and by that time it will have been to late". Which was the guy was saying that as long as we are "the most", people will continue to buy our treasuries.
And I agree with Pento, by the time they stop buying our debt it will be to late.
http://www.youtube.com/watch?v=0QNHaF3VfSE
well, pento is the man.
Can someone pack the American dream with nice wrapping paper and post it to China?
Earth provides enough to satisfy every man's need, but not every man's greed.
(Mahatma Gandhi)
en.wikipedia.org/wiki/Mahatma_Gandhi
.
Madison Avenue in a diaper.
blindman missed you babe, been about a week or so.
i was going to say N A T U R E.
it is the gift that just keeps on giving.
n a t u r e and this e a r t h . good to have eyes, though.
edit: senses.
Mahatma Ghandhi, what did he know? That's so, like, 1940's!
.
Tyler: What the hell is going on here? I go on vacation and return to find total madness and Bitchez!!
Nutin new anymore, so we reduced to madness and Bitchez, Bitchez! Welcome back Sqworl!
Sqworl
you should be here when JB shows up. He's been rather silent since gold rallied
"We are all greedy and selfish." And there you have it - Americans can look at the administration for answers, at Wall Street for scapegoating, but fundamentally, when it comes down to actual change, this can only happen at the individual level. – Tyler Durden
That “We” triggered my adrenalin.
The Democrats are saying their opposition is extremist. Well, IMO, it takes extremists to fix this mess. Unless American politics is fixed ASP and this “let’s just continue” is stopped, this country isn’t going to work any longer. And by the way, those “extremists” who want to invoke Second Amendment rights merely want to protect themselves; it’s the federal government with the guns. An amazing 45 federal agencies are authorized to carry to weapons.
Carl Paladino who won the GOP gubernatorial primary in New York and calls himself a tea party member, is calling it, IMO. He talks like a tough little gambler. But you can hear in his voice the movement. The reason the people are upset, Palodino says, is the two political parties are picking the candidates. People are getting sick of looking at these candidates, he says. We’re not a party, he says, we don’t want a party. Parties are the problem; we want our government.
You should hear him talk …and I paraphrase:
I’m only gonna be in four years. That’s all the time it takes to clean ‘em out. Everybody’s worried about their future and their jobs; I’m the guy who’s going to clear them out.
Says Paladino: This state is run by one man and his name is Sheldon Silver (lawyer-legislator from Manhattan and New York Assembly speaker); he approves or disapproves everything in the state. You know, the New York constitution says all public employees must reveal outside income other than state income--except for lawyers and insurance agents (Silver refuses disclosure). New York is right on the edge of bankruptcy, but, yet, they couldn’t find one single employee they could let go. I can. …
The political system’s newspapers are resorting to argumentum ad hominem and calling Paladino Crazy Carl, “racist” and all the usual appeals to prejudice to incite the mob. Again, I paraphrase:
They’re saying all these things about me; but you know, I just don’t care. The criminality in the Albany capital makes the Congress of the United States look like choirboys. It’s time to clean them out.
And he names the names. And so three of New York’s political lifers came out of their public enclaves to warn the people what a disaster this guy would be. And Paladino countered, These are people who have been on the public dole all their lives. They are the crooks. You know why they’re coming out against me? I’m going to get them.
Asked about a major headline calling him Crazy Carl, he said: It’s name identification. About Cuomo? He’s arrogant; he’s a snob and he’s got a huge problem--.the working people of New York are paying the bills, and his bosses are the people spending the money. How’s he going to answer the majority who favor a repeal of the health care bill, who’re going to have to foot the bills?
When asked him about Silver who’s talking against him, Paladino gave tit for tat: Shelly Silver “belongs in Attica”—the state prison.
Hilter was right about everything.
You do not represent the collective consciousness of this website. I would not censor you, but I don't believe that you believe what you wrote for even a second. You do look like you are either trolling for uber reaction or you are trying to discredit the site.
Hilter was right about everything."
You need a new shtick. (Yiddish word)
http://en.wikipedia.org/wiki/Shtick
Hilter was right about everything.
Biting down on the cyanide capsule while simultaneously firing a .32 caliber round into his brain is one Hitler move which I suggest you should emulate.
That's not very "tolerant".
Tolerance is a vice. I do not tolerate the black folks with whom I chose to associate, I enjoy their company.
You, I can't tolerate. Thus the friendly encouragement for you to follow the path of your idol.
We agree. Tolerance is for losers.
And don't forget that we also agree that you should apply a PPK to your temple and squeeze just like they did it back in Onkel Dolph's day.
obsess much untermensch?
Lech mich.
are you cheeky, gone bland¿
no, i just went to your blog. it is nice, so pretty sure now, your not the cheeks. like your in_sight and fight. your active as a bee, too. so you are darren? you do good on global inter-connectivity explaining. i don't understand Israel or ME at all. have realized a little with the pictures, real human emotion pictures. Palestine, i need to understand more.
Here's a blog which will drop you right into the heart of Gaza:
http://www.rafahtoday.org/news/todaymain.htm
The Palestinians are some of the sweetest people in the world.
Wauw! Mike Pento came clean off the hook here.....
"Americans can look at the administration for answers, at Wall Street for scapegoating, but fundamentally, when it comes down to actual change, this can only happen at the individual level. And deluding oneself and preventing any real change is what the average American individual excels in, more than anyone else in the world."
"Does anyone care what Americans think? They’re the worst-educated people in the First World. They don’t have any thoughts, they have emotional responses, which good advertisers know how to provoke." : Gore Vidal
From: Gore Vidal: ‘We’ll have a dictatorship soon in the US’ ( The Sunday Times) http://women.timesonline.co.uk/tol/life_and_style/women/the_way_we_live/article6854221.ece
"We are all greedy and selfish."
Not all of us but you types that can't find anything more socially productive to do than to trade paper for a living seem to fit the bill. Ohh what about gold. Ohh what about the JPY/USD. Ohh what about avarice and the other mortal sins.
It is Friday - chill - I know I need to:
http://www.youtube.com/watch?v=rCF7Dnov8vA
+ 1
Enjoy ...
http://www.youtube.com/watch?v=L_V8MAlCVgI
And for some reason, this music helps put things in perspective for me:
http://www.youtube.com/watch?v=KTDyNQY0A8Y
When that guy said, " We are all greedy and selfish" Another talking head said something along the lines of: "Isn't that how capitalism works?"
Quite right, and that's why capitalism must inevitably come to an end, or suffer a 'hard' reset.
This is why communism will never work, either: human 'culture' is all about greediness and selfishness.
It is the permanent things that have made the general progress of mankind, things such as loyalty and honesty and hard work and justice--the things for which most men work. Those principles are what built America—not greed and selfishness.
The Pilgrims did not arrive because of greed; they arrived for religious liberty. They, not the greed of the international banker cabal that now rules, were the vanguards of what became America.
It may go back and forth but it was those honest dealings with people of good will that built Western Civilization. Working for self-interest both for yourself and for your fellow man is not greed. Self-interest can be defined as having a progress in your community and with your friends and neighbors. It goes against self-interest to make enemies of others; it goes against self-interest to steal and to take away the fruits of other people’s labors and to cheap them. That violates self-interest because people reciprocate and eventually you have to build a wall around your house and hire guards and put concertina wire atop the walls to keep others away because you have exercised your “self-interest.”
These oligarchs are painting a sorrier future for their families because of what they are doing now. Yes, maybe they will be wealthy but they will be living in protected areas with no enjoyment of a country where freedom rings. And, you know what? They’re going to have to constantly watch that pot of gold—because they will have created a nation of enemies.
It is clear by the fruits that Americans still somewhat enjoy of what justice and law and a jury system and the remaining tatters of representative government and freedom of speech have wrought. As Alexis de Toqueville put it: America is great because she is good; and if America ever ceases to be good, America will cease to be great.
Patrick Henry was a lawyer, and he was opposed to many things such as the Stamp Act because of his self-interests. But you can see in his words and his actions that he would have thrown it all away for freedom
It is an sorry statement that paints people such as Henry and the signers of the Declaration of Independence--who put their lives and fortunes on the line--as greedy.
Hi JR,
Im not really up to listening to the ruminations of some disgusting black queer, considering the nothingness he represents. Maybe his outlook would work better in the fabled Blackqueeristan. He's slides right into cnbc and the democratic soviet, though.
You do not represent the collective consciousness of this website. I would not censor you, but I don't believe that you believe what you wrote for even a second. You do look like you are either trolling for uber reaction or you are trying to discredit the site.
Wow, you really have A LOT of free time on your hands, don't you. What an interesting life you must lead, when you can spare the time to stalk another poster on an internet message board and spam him with your statement of the obvious about not speaking for the forum (which applies to you, too, by the by) and your opinion of what what he does or does not believe (apparently based on your mind reading abilities?)! lol
What am I doing? Well, I'm not cutting-and-pasting the same vapid paragraph over and over like a dementia victim, or MsCreant. lol But if you must know, and I don't blame you for being so fascinated with me, I'm primarily amusing myself during football game commercial breaks by laughing at you and your limited intellect, which you seemingly love to show off. I admit it's not the coolest thing in the world to pick on those less intelligent, but you seem like an asshole. Or maybe it's just that time of the month, eh lady? ;-)
By the way . . . "gay" is an appropriate insult in your world? So homophopia is good, but racism is bad. OK. Check. I'm just trying to keep this all straight. lol You're a mess, you dingbat. Get a sitter to watch the kids for a few hours this weekend and go shopping or something, you'll feel better.
Game's back on, gotta go!
Being "Gay" is a choice, a bad one at that.... Sorry, I guess that one hit close to home, when your boyfriend gets back with the chips, tell him im sorry ...
You're so stupid it's painful, babe. I'm afraid that condition is most likely permanent, but at least you seem blissfully ignorant of it. Now your bitchy attitude, that's something we can fix. You just need to find a good man and get laid, it will do you wonders. If that's you in the avatar, I may be able to help you out myself.
What I am saying is that black queers have no standing in the world because they are worthless. I should not be subject to any of the worthless crap emanating from this shiny headed clown's cock sucking, pea brained pie hole. That being said, he has a home on the electric synagogue where he is portrayed as normal instead of the affront to Natural Law he really is.
Barney, I disapprove of what you say, and your lisp is incredibly annoying, but I will defend to the death your right to say it. And probably get a chuckle or two out of it along the way.
now yaw just being fweekin wedicuwuss.
Obama killing the class that voted him in, middle class! Wouldn't be surprised if there isn't a middle class left by 2013...may be too late to fix what this guy has done to the country.
Obama's first 100 days = Country's worst 100 days
Hi cjbosk,
Your position is a defensible one, and one I personally agree with in spirit, although reasonable minds could differ.
But that's not the point. Let me save the PC-police (Ms Creant and Village Idiot on this thread, apparently) some work and be the first to say: "That's racist, you troll! You do not speak for this forum, we do." You have now been admonished, and should feel guilty and contrite for expressing your unwelcome opinion. Good day, sir.
This post made no over generalization based on race. I have no problem with it. I don't have problems with too many posts really. When you have somebody saying "Hitler was right about everything" and no one challenges it, that is a problem. So just as you are free to post as you please, so am I.
Enjoy your hatred of blacks now, hear? Get to know some and the over generalization falls apart. Hopefully you have enough life left to live to have positive experiences with people outside your own ethnic group.
Good day back at cha.'
Edit: I ain't itchin for a race war. I'm itching for a class war, bitch.
m,
sometimes, frequently, silence isn't acquiescence,
just fatigue. but hitler was right about some things
and deadly wrong about others. post world war I
germany was being raped by international finance, no?
he was desperate and right to resist it.
but of course power does horrible and strange things, look around, yes?,
to the mind. especially the power associated with social control, where
responsibility can be deflected to others, either individuals or ideologies.
or identified traits, such as "greed" , loosely defined, or not defined, just
wrongly attributed and painted with the broadest brush on everything.
anyway, best to you.
Oh don't get me wrong, I wholeheartedly DISagree with the proposition that "Hitler was right about everything." I just don't need to get my panties in a bunch and play holier-than-thou, internet white knight every time somebody says something that I think is wrong, much less "bad" or "scary."
See, I care much less about some guy making an outlandish statement to generate a dialogue (which statement can be easily and rationally refuted) than I do about people like you (and our slow, PMS-afflicted friend, Spalding) whose first reaction is NOT reason or debate or logic, but rather condescension, ridicule, shame, hysteria, obfuscation, personal attacks, anger - whatever it takes to frame what YOU consider to be the acceptable parameters for debate on a verboten topic, or to preclude debate altogether, which in the long run are constructively the same. It's exactly the kind of intellectual and moral rot and cowardice that has rendered our university humanities programs little more than an expensive joke these days.
People who seek to define what is acceptable to discuss and what is not (anything "racist" seems to be the primary flavor of the week, but also "homophobic" or "sexist" or "hate speech" or religion or abortion or what have you) are a menace to a free Republic. They are deeply and unselfconsciously dogmatic. They are closed-minded and shallow, even though they belive they are the opposite. They are very much akin to fundamentalist religious zealots in their belief systems and mannerisms. For example, if they get even a whiff that you're not on "their side" ideologically, you immediately become the enemy and a boogeyman. Facts and objectivity go out the window, and any manner of wild assumptions can be made. The heretic must be branded! Sound familiar? How about your amazing leap of logic, and slander of me, in concluding that I "hate black people." My long-time friend and business partner, who sometimes refers to me as his "melanin-impaired partner," will certainly want to know about this, as will several of the people we have chosen to hire and work with, from among many, many other options. The fact of the matter is that I don't "hate black people," you simply leaped to that conclusion and sought to demonize me (in a very juvenile manner, I might add - how old are you?) because you are, quite obviously, a politically-correct zealot for this particular issue ("racism" or *gasp* "generalizations based on race - the horror! Can gas chambers be far behind?!). Just like our silly but amusing friend, Ms. Smailes.
Anyway, in my opinion, people like you and Ms. Smailes are the politically-correct nightmare of Orwell incarnated, and you're a hell of a lot more dangerous than somebody who makes an easily refuted factual statement. You're the threat, and I intend to do what I can to help expose you and root you out.
Now, I'm going to watch some football in peace, and I will leave you girls to gossip about what a bad man I am, since I am the enemy, after all.
Sweetheart, you just did. Look over the rant you just wrote in your "spare time." Spalding had you nailed to a cross up thread.
I'll capitulate on this though, I too could be overgeneralizing, just as I have accused you and another of doing. Blindman above made some valid points. Reality is much more grey than the black and white people try to paint. Unless you are the Fed. or a paid corporate shill, you are probably not "the enemy." When we throw out the race issue, or like Spalding does the gay issue, we take attention away from what is important, the fact that there are some motherfuckers getting away with profiting off of the destruction of the rest of us. I want black and white and yellow and red brothers and sisters, gay, bi, straight, abstinent, I do not care at all, fighting with me to make this be different. And no, I can't be sure what that means yet, to fight. But why alienate people with attacks based on race? It divides and makes us weaker and distracted. Peace.
Who would deny that the democratic party is comprised of the following: blacks, jews, queers, communists, illegals, transgenders. In short, the garbage dump of humanity. They are an amalgam of misfits bound together by nothing more than malevolent envy and hate for Natural Law. Facts are facts no matter how you try and obfuscate.
who finances the party? just the facts.
international athiest, communist george soreass.
and who finances the other major party?
Follow the yellow brick road.
i'm not sure what you mean. in my estimation
the same ponzi money system finances both parties
and they really have little difference other than
the slight fashion or public display variation. they, both
parties, lie to their constituents to get "elected" and then
administrate and legislate to the the detriment of the
nation and their constituents, at the heal of international
finance, the fed. the fiat fed. final authority and financier of
only and last resort. both parties have their criminals and
sexual preditors. both parasite supreme on the idea of the "nation"
formerly known as the u.s.a.. soon to be saddled with the broken
promise of the magically disappearing federal reserve cut out sock
puppet bank.
the usa becoming/is a sock puppet for london, china, israel and
saudi arabia. is that it? also cut out entities created for personal
private profiteering. stealing. etc... never ending ....
smart global entities finance/own both parties and let the likes
of us wonder who is on first, third base.?
ps. respect for all life is respect for truth. you can't make this
up, no one can. it is just the universe telling it straight. the man
who thinks he knows better than the manifest universe is
merely deluded. imo
we can construct environments and facilities to suit our needs
and preferences but we cannot reestablish the principles or laws
of "nature", no matter how much we may dislike or despise them.(ourselves)
so who is the wizard? warren buffet? one's self? but i think we are beyond
personal identities at this point and need to look to the organizational
dynamics that have become most powerful in dictating human behaviours
with regards human interaction. aka people becoming tools of the machine.
and totally unconscious of it. it it it it i t tiitii itiii iiti ......
our likes and dislikes, loves and hatred are just leverage points
for manipulation by those who know exactly how to push and pull,
inflate and deflate, reveal and disguise, pump and dump the symbols
we base our lives on. but no one can manipulate the silence, peace.
?
you
Blindman is kind, I am not. You punked out on this response because you don't want to acknowledge that it isn't about party, though logic alone forces anyone with the ability to reason, to see it. Even a blindman.
Your project is to divide. That is your job on this site.
You definitely put your finger on a very important issue, namely the effort by some to squelch discourse through the tactic of demonizing a dissenting voice. And you say you are going to out those charlatans every chance you can.
Just be equally sure that when a real stinking rat sticks his head up with honest to goodness hateful intent, you knock him down with just as much verve. Don't let the premise that he is an obviously stupid/transparent/diseased rat stop you from letting him have it.
Even a small podium in the corner of a small conversation is too much to concede to a real purveyor of hate.
The 'Blacks are stupid' and 'Hitler was right' types are easily controverted but letting them pass because they are so out of their depth encourages their thinking and may give courage to others lacking your discernment.
Hate is so dangerous because we all have it in us. Even the ones you so rightly excoriate as PC.
Hilter was right. The whole world knows it and we are suffering the consequences now. Maybe another 5000 movies about the hollowhoax are in order.
No amount of evidence or logic can move some people.
So forget those and ponder these.
Jerusalem is the apple of God's eye and the Jews are his chosen people.
Israel will stand forever.
Those that oppose her will be utterly destroyed.
Kneel. Repent. Ask for forgiveness. Seek God's face. He will hear you, forgive and restore you.
The fear of the Lord is the beginning of wisdom. Fools despise wisdom and instruction.
There is that hath appeared a fool after he was lifted up on high: for if he had understood, he would have laid his hand upon his mouth.
Where are the ashes? They should be piled up to the moon. But they're not.
Don't you worry ... Its coming.
"The Second World War must be fomented by taking advantage of the differences between the Fascists and the political Zionists. This war must be brought about so that Nazism is destroyed and that the political Zionism be strong enough to institute a sovereign state of Israel in Palestine. During the Second World War, International Communism must become strong enough in order to balance Christendom, which would be then restrained and held in check until the time when we would need it for the final social cataclysm."
The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil. Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time."
August 15, 1871.
what does the date august 15, 1871 have to do with the post?
where is the source of this? or... what?
what does the date august 15, 1871 have to do with the post?
That's the date this was written .... Scary stuff. You worry about second derivatives, debt, bubbles, bail-outs. Scary to think whats really behind this train wreck. But sit back and think, so so so many things all "quickening" over the last 100 or so years ... Globalisation, we are all " one big family now, all in the same boat" ? By chance ....?
Could pure evil control like it can now, look throughout history, internet, everything at the speed of light, .... Everything is in place.
i have a temporal problem with this material as 1871
preceded the first world war, never mind the second one
and the creation of the state of israel.
who said this? what is the source?
Albert Pike... Pure evil. Hes got his own statue in DC ....
You can do some research, but its scary stuff ....
For most its better to keep their head in the sand. I have no fear, Im a Christian...
Look at the Catholic Church what a pile of shit that became after vatican II, the entire world has been in moral, decline now for a long,long time. We reap what we sow.
http://www.google.com/#sclient=psy&hl=en&site=&source=hp&q=The+Second+World+War+must+be+fomented+by+taking+advantage+of+the+differences+between+the+Fascists+and+the+political+Zionists.&aq=f&aqi=&aql=&oq=&gs_rfai=&pbx=1&fp=6f32b8af52b7e0b8
(Readers who argue that the terms Nazism and Zionism were not known in 1871 should remember that the Illuminati invented both these movements. In addition, Communism as an ideology, and as a coined phrase, originates in France during the Revolution. In 1785, Restif coined the phrase four years before revolution broke out. Restif and Babeuf, in turn, were influenced by Rousseau - as was the most famous conspirator of them all, Adam Weishaupt.)
http://chnm.gmu.edu/revolution/imaging/essays/roberts2.html
http://en.wikipedia.org/wiki/Adam_Weishaupt
@s and m,
oh, ..thanks for the reminder / link.
i forgot about that.
Since we are discussing greed and selfishness...
From the Of Two Minds blog:
What "The 25 Most Expensive Homes" Reveal About the U.S. Economy (September 15, 2010)
"The 25 Most Expensive Homes in Hawaii" reflect an economy based on financial speculation whose wealth is concentrated in a parasitic financial sector.
The glossy Mid-Pacific yuppie advert vehicle Honolulu Magazine recently ran a cover story (the September 2010 issue) of irresistible real-estate pornography titled "The 25 Most Expensive Homes in Hawaii" that unintentionally revealed the true nature of the U.S. economy.
The homes, valued in the $30 million range, were typically located in exclusive coastline enclaves: no big surprises in either the locations or the bubble-economy valuations.
What might surprise anyone who still clings to the quaint belief that America's great wealth is generated from actually producing goods or services of global value is who owns the vast majority of these villas: investment bankers and hedge fund managers.
A grand total of three of the 25 made their wealth in technology--software, computers, etc. One Japanese multinational (Toyota) made the list (unsurprising, considering Hawaii's decades-long appeal to wealthy Japanese), as did one Japanese female whose source of wealth wasn't identified. There was one artistic outlier, and the rest were all financial parasites: investment bankers, hedge fund managers or other denizens of the speculative FIRE (finance, real estate, insurance) economy which has come to dominate profits and wealth accumulation in the U.S.
In years past, the list would probably have been dominated by people who made fortunes in energy, technology or some innovative business with global reach. While it is likely that robber-barons would have been heavily represented in The Gilded Age (1880s-1890s), at least the businesses represented--railroads, mining, trade, etc.--offered widespread benefits in the real economy to citizens in the form of jobs and new goods, resource and services.
Financial parasites, in contrast, skim fortunes from the real economy. Hedge funds are restricted to the top 2% or so of U.S. households, so the gains skimmed from manipulation and speculation act to further concentrate the already high concentrations of wealth in the U.S.
While it can be argued that "financial services" creates jobs just like technology, railroads, etc., the entire industry is fundamentally parasitic in nature: the credit- real estate bubble revealed that its widely-heralded "innovations" were essentially embezzlements and frauds taken mainstream.
As millions of now-underwater homeowners discovered, the "wealth" created by highly leveraged, debt-based speculative "innovations" was illusory except for the billions of dollars of commissions and fees generated by the churn and stripmining of assets on a global scale.
Beneath the bogus propaganda of "free market capitalism" is an economy in which the real money is skimmed day in and day out without risk or benefit to the real economy. Investment banks generate profits of $100 million a day without interference of mere probability, which would suggest an occasional losing day.
Vast industries practice a highly-refined type of crony capitalism which can be characterized as "Federalized entrepreneurship," in which a revolving-door between captured regulators and goverment managers and private cartels insure a highly profitable "partnership" channels profits to the National Security State contractors, the sickcare cartels (insurance, pharmaceuticals, etc.) and other industries dependent on Federal largesse.
At the top of this foul heap of phony capitalism--in effect, a partnership of the State, a monopoly with exclusive power to collect trillions in taxes and borrow trillions more, and corporate cartels which act as monopoly-capital in their industry--rests the ultimate parasites of the financial "industry": producing nothing but skimmed profits for the Plutocracy and its loyal army of high-caste technocrats, enforcers and factotums.
The $30 million estates in Hawaii are second or third homes. My sources on the Kona Coast report that the Kona airport is congested with private jets, and recent buyers of $10 million+ homes along the Kona Coast of the Big Island are simply adding the homes to their private portfolios of homes to enjoy a few weeks out of the year.
Beneath the real-estate pornography of bloated McMansion estates lies the ugly subtext of what the list reveals about the nature of wealth creation and concentration in the hollowed-out, credit-dependent, financial-speculation dominated U.S. economy.
Those touting the regenerative powers of U.S. "innovation" and the U.S. economy should ponder who can afford $30 million third homes, and what their great wealth has added to the citizenry of the U.S.
If you drive around these enclaves, what you find is a modern Plantation economy of the sort I have described in Survival+ and in previous entries: an economy fundamentally based on extraction and the domination of the State-corporate partnership.
take it from me, K O N A , sucks.