This page has been archived and commenting is disabled.
New Year Open Thread
Since readers are likely eager to share their own predictions for 2011, please use the following open thread for that, as well as for anything else that may cross the collective subconscious. Additionally, any suggestions on improving (or deteriorating) the site, as well as all brainstorming, and last but not least threats, are most certainly welcome. Best of luck to all in 2011, especially those who fail in their resolutions to cease feeding the central planning monkeys.
- 46876 reads
- Printer-friendly version
- Send to friend
- advertisements -


Many thanks to Tyler and the ZH team for vigilance and accuracy in reporting, also to all contributors.
Best to all in 2011.
Re predictions--RPaul asks simple questions of the Fed, they run like scared rabbits to their stooge lawyers, pols cover for them, media is baffled and aquaint themselves with history for the first time, still don't get it, dam starts springing little leaks.
Thanks to everyone here for the info, education & humor. WB7, thanks for your artwork. It has been taped/thumbtacked to my walls & bulletin board. TD & Co., so glad you do what you do. And, I couldn't forget Blythe...may this be your worst year ever.
Have a Happy PM New Year everyone!
Warren Zevon said it the best: "Send lawyers, guns, and money..."
Happy New Year and much thanks TD & co. for an informative and profitable 2010.
Warren Zevon Lawyers, Guns and Money
http://www.youtube.com/watch?v=S5puAN1PGQw
And another fave:
Warren Zevon - Roland The Headless Thompson Gunner
http://www.youtube.com/watch?v=9dyUzUxE_2w
Maybe on ZH, a reference list linking to key videos ... especially the laugh-inducing ones with obscene language ... A short list of some of the funniest YouTube economics-related videos, seen or linked thanks to Zero Hedge:
(1) One of the great humourous classics - back again after being removed! -The rant of Wallstreetpro2 on John Thain spending 35 thousand dollars for a f**king sh*tter, f**king Tim Geithner, and other topics - Extremely obscene, but if you like to laugh, don't miss this if you haven't seen it -
35,000 dollar commode -
http://www.youtube.com/watch?v=QrIAb5sUaHU
(2) Cartoon characters explaining how to:
buy the f**king dip ... H M M M M -
http://www.youtube.com/watch?v=jllJ-HeErjU
(3) Two Australian humourists on how bankrupt countries bail themselves out -
Clarke and Dawe - European Debt Crisis -
http://www.youtube.com/watch?v=I5QwKEwo4Bc
(4) One more from Clarke and Dawe:
How does the financial system work -
http://www.youtube.com/watch?v=M_3T-Af57Pg
(5) Irishman speaking frankly on:
Irish Wanking Bankers -
http://www.youtube.com/watch?v=koY6kXhQDQo
(6) Irish MP Paul Gogarty saying "F--k You!" in Dail (parliament) session:
Most Unparliamentary Language -
http://www.youtube.com/watch?v=YD-xxoQwOo4
(7) Irish hero Joe McNamara ramming his big cement mixer truck into the gates of the Irish parliament, with this slogan on the back of the truck at the end of the video after it has rammed the gates:
The People Have Had Enough
All Politicians Have Been Sacked
With Immediate Effect
Power to the People
Video with the actual ramming -
http://www.youtube.com/watch?v=Ur5UjwmBnbA
(8) Unique New York politician Jimmy McMillan, running for New York governor for the 'Rent is Too Damn High Party' ... over five and a half million views of his wonderful eloquence on YouTube, and the most talked about candidate, but the Americans with their rigged elections claim he only got some few thousands, 1% of the vote.
Debate vid where he even gets the audience to answer a question for him, the crowd chanting:
'The Rent is too Damn High'! -
http://www.youtube.com/watch?v=x4o-TeMHys0
(9) And re politicians rigging things ... here's the European Parliament perspective:
'The Euro Game Is Up! Just who the hell do you think you are?' - Nigel Farage MEP -
http://www.youtube.com/watch?v=Fyq7WRr_GPg
(10) More of Nigel Farage, leader of the UK Independence Party, going into a major tirade against EU President Herman van Rompuy, right to his face. Farage is improper and insulting and over the line ... but wickedly funny -
Who is Herman van Rompuy? -
http://www.youtube.com/watch?v=lqovTGjYjM4
And just a few more -
(11) Russian TV, military singing on stage (English subtitles) and laughing about how they will handle difficulties with Europe and US operations in Europe -
Turn off the gas! -
http://www.youtube.com/watch?v=A7RD5ONjv8M
(12) There are now a lot of these, but here is one of the early economic-related 'Hitler rant' videos:
Hitler gets a margin call -
http://www.youtube.com/watch?v=eVB-SSkkLnY
(13) Humourous reality - Tim Geithner and money bunny Maria Bartiromo on YouTube:
Geithner lies for 4 minutes straight about US Dollar -
http://www.youtube.com/watch?v=NPbenmmZdkc
Hi,
The population in the developed world are suffering due to the hangover from excessive borrowings from lenders who lent to anyone on the street to maximise their own bonuses. The problems have been compounded by Outsourcing and Rampant Speculation allowed in all the exchanges.
The problems are hereto stay as till date no one in the political arena has even acknowledged the problems let alone find solution to them.
Here are my views on the direction the world economy is heading in 2011 and Beyond.
http://www.marketoracle.co.uk/Article24581.html
Happy New Year
Buy treauries cause everybody hates 'em. worked out well yesterday and today. As for the stock market....snicker....
Ill be damned if I believe elliott wave forecast anymore. But they sure have a way of turning me bearish. By the way, if you are just now going long you have balls like watermelons.
Nothing Else Matters
http://www.youtube.com/watch?v=erPnyi90cIc
http://www.youtube.com/watch?v=uAE6Il6OTcs
My meager predictions.
1) Marla puts out yet another ass-kicking mix.
2) The big boys chalk up another victory before the sandcastle sinks into the sea of discontent.
3) I'll be broke before I can smile at their downfall.
Happy new year all. Thanks to ZH for the brilliantly informative content, and to commentators all- bigots included. All necessary for a truly incisive forum. The sad reality of the implosion of the global kleptocratic oligarchy, which only makes sense to me from a spiritual viewpoint, hastens towards a climax. IMHO, all one can do is clean up their own backyard, and grow as many vegetables as possible. Love thy neighbour.
I predict ZH becomes an even bigger deal in 2011. For me, the buck stops here as far as freedom of the press in America goes. Be thankful we still have it folks...
Happy New Year and keep up the crucial work you do.
Baby New Year (really)
Swedish girls? You mean the Swedish trannies posted by Leo and Robo that the nerds "waiting for the collapse" drool over...
The Collapse/Event already happened. The year was 2001.
http://youtu.be/U21KmVa3YXI
Bigger are the POMO's, higher goes the Casino
Guess what, I truly believe this market is going to get crushed soon. And if Im wrong I'll eat my words.
P3 as Elliott wave forecasts? Bullishness is at extremes. I wont touch stocks until the 200 dma at least. and then i might be tempted to sell short even more. I am a trend trader by trade but we have problems, houston. I know everyone here loves metals, look at a monthly silver or gold chart. If you buy that, Fuck you.
Alot of folks seem to have this delusion that they are mad max. They are going to have gold and silver when the shit hits the fan and thereby they will be ok. To them I say stop wishing. Best case scenario for you is we continue as we are. IF your armageddon comes to fruition, you will be crying tears on your gold and silver. Remember, you wont get anywhere by thinking selfishly. I love all of you and the peace I have is something no one on this earth can give or take away.
All I can say is thank you. I learn soooo much from this site. My friends think I'm crazy but I believe I shall have the last laugh.
GOLD AND SILVER BITCHEZ! and some junior miners....
Best trades of 2011
Natgas blows everyone away
Food does the same
Oil ditto
Silver - up then down, up,down, ending year up 100%
gold - cramer likes it which makes very fuckin nervous.
god bless all those who get this matrix thing and try their best ot make a difference. Thanks TD, Marla and crew for making 2010 real and appreciating our idiosyncracies.
Leo - thanks for being Canadian
Turd - awesome man
CD - logic beyond reality
make it a safe and propserous new year and I honestly hope the world doesn;t fuckin blow up.
I predict outrageous bullishness followed by pissed off speculators. This guy called shit sandwich or something on here said there is no reason gold shouldnt keep going up by another 25 percent next year.Stop and see what you are doing. its called "ALL IN" means is no one left on the other end of the trade. Does anybody think gold or silver can go down? remember real estate or the nasdaq in 2000? Im going to send you all a christmas card with the profits of the gold and silver bubble trade. And I believe the dollar and us treasuries will rally. So hows that?
A stunning year in climate science reveals that human civilization is on the precipice Climate Progress (hat tip reader Francois T) Might want to glance at this if your kids are kinda young. True or false--don't know, but it's worth a peak. Milestones Piece came from "Naked Capitalism" on 12/30 0r 31st/
Excellent post, Milestones. It made me think that the fudged data in Climategate might actually play a large role in the deaths of hundreds of millions. We never realize how our "little" actions can have far-reaching consequences. A little fudging of data--happens all the time. What's the big deal? It was even intended to promote the greenhouse warming theory in the case of Climategate!
http://wattsupwiththat.com/2010/12/28/2010%E2%80%94where-does-it-fit-in-the-warmest-year-list/
2011, bitchez!
AAANd guess what. sell your ammo becus the ashton kutcher thing is a total bubble. If youre trying to store MREs sell em now. Quit fantasizing about being a hero when TEOTWAWKI comes. Ill let you know when it really comes.
TEOTWAWKI will come when my buddy, Satan, says it will....but, so far he is cautiously bullish.
Happy New year to the best site in the internets!
Gold $1700
Oil $110
DOW 13,000
QE3
ZIRP4EVA Bitchez!!!
sorry to say that. it probably will come soon. look gold or silver isnt going to help you. can you provide any value? can you nurse a wound, wipe an ass, run an electric line, or gas line, can you run a diesel tractor? HA HA look, just hope TEOTWAWKI doesnt come, fuckers, because I only have so much to give.
Tyler, kudos again to the site and all contributors.
As far as suggestions for site development as per some comments on the thread, I would propose you avoid any overly applied filtered up/down buttons to comments that could ultimately be gamed by organized troll gangs into a deadly group think that would suppress free speech and become a slow death like Digg et al...concerns that I'm sure you guys are more than aware of.
Other than that, the only improvement I could suggest would be an optional view choice where on one page a reader could start the day and see the stories added as thumbnail icons filling the blank page (as your site's contributions are often fast and furious) with a temperature icon indicating the real-time intensity of comments - a sort of VIXX for the individual thread thumbnails. That's my 2 cents.
Happy New Year all.
Chinese President Hu Jintao said today China will adopt a "proactive" fiscal policy and "prudent" monetary policy, speed up economic restructuring, improve people's livelihoods and push forward reform and opening-up, he said during the speech entitled "Jointly Improving the Welfare of People from All Countries."
And Chinese Defence Minister says "China prepares for war 'in all directions'
CHINA is preparing for conflict ''in every direction'', its Defence Minister says.
''In the coming five years, our military will push forward preparations for military conflict in every strategic direction,'' General Liang Guanglie said in an interview published by state-backed newspapers in China.
''We may be living in peaceful times, but we can never forget war, never send the horses south or put the bayonets and guns away.''
Koreas on alert
Miners in big trouble, big plunge
Tyler, good job ripping off one of the greatest movies ever
Happy new years day.
Inching closer to December 21, 2012 at which point....
1. The Bernank has a Grand Mal seizure during a Ron Paul led Congressional hearing thus relegating him to a permanent liquid diet through a straw while watching CNBC reruns (Bernank highlight reel).
I suppose he will be in residence at that well known Invalid Spa for obsolete economists, Befuddlement Manor, along with Alan Greenspan, who constantly reminisces about the delights of Andrea Mitchell while drooling like a Saint Bernard; and Larry Kudlow, who has partially-awake vocal dreams about dumb-dust and Maria Bartiromo's nose. I guess not far behind them would be Larry Summers, who by this time will have grown so obese they have to float him in a huge tank of carbon tetrachloride....his head has swollen so much they have to sling it from a tower crane with an intricate web of carbon fibre threads. In the back, along with the retired circus freaks, and actors bent into pig knuckles from excess plastic surgery, they keep Paul Krugman...whose beard has gone bullish and lysed his body into ball of hair that looks like something ejected by Bill the Cat after a Valerian root tasting. Ah yes...the good old days, back when men were men, Keynesian economists were the toast of the fucking town, and an old man with a beard was not only trusted, but revered as wise. Happy New Year bitchez.
Chinese President Hu Jintao said today China will adopt a "proactive" fiscal policy and "prudent" monetary policy, speed up economic restructuring, improve people's livelihoods and push forward reform and opening-up, he said during the speech entitled "Jointly Improving the Welfare of People from All Countries."
And Chinese Defence Minister says "China prepares for war 'in all directions'
CHINA is preparing for conflict ''in every direction'', its Defence Minister says.
''In the coming five years, our military will push forward preparations for military conflict in every strategic direction,'' General Liang Guanglie said in an interview published by state-backed newspapers in China.
''We may be living in peaceful times, but we can never forget war, never send the horses south or put the bayonets and guns away.''
Koreas on alert
Miners in big trouble, big plunge
sp overbot, wil correct back 10-12% by april 15; perhaps occassioned by:
AND THEN: obama makes it rain money on dem hoes:
"then i make it rain money all over the ground, fresh force ones, sean john button down" yung joc (committee to re-elect obama)My predictions:
I expect the word "unexpectedly" to be used in headlines an average of 5 times a week, with its close relative "unexpected" coming in at 3 times per week.
Wikileaks will release a cable that proves that Michelle Obama is indeed the bastard child of Aretha Franklin and a Wookie.
The masses cheer the news that Nancy Pelosi had a "procedure" on her face that finally stretched it to the point that she can't open her mouth.
There will be a flash crash in the summer that, after a two month investigation, will be traced to an overheated, malfunctioning computer and blamed on global warming.
A group of traders will pass by an uncontrollably flatulating homeless man on their way to work. Later that day, the companies that manufacture Gas-X, Novartis, and Proctor and Gamble, the manufacturers of Febreze, witness a huge price spike in their stock.
Harry Reid is kidnaped by an illegal immigrant who takes him to Mexico for his first donkey show.
A group of CNBS analysts interrupt programming in the middle of the day to publicly admit that they're just a bunch of bullshit artists and that the viewing public should stop watching them immediately.
Barack Obama will talk. And talk. And talk. And talk. And talk. And talk. One day he will actually say something.
I pretty much agree with all your points....but that last one....man, that is a stretch.
My most profitable "investments" this year have been treating people right, mostly customers in my case. Little up-front cost, returns are on-going, non-monetary, not-trackable, and non-taxable.
My prediction for 2011 is treating people right will continue to be the best performing investment.
Pretty hard to argue with that logic.
You really don't seem all that cranky? Meds adjusted correctly?
This place fucking rocks! You crazy mother fuckers. To quote the great American poet Charles Ridenhour, "My home is your home. Welcome to the terror dome". In all seriousness I wish all of you the best in the new year as we're gonna need all the positive we can muster. Keep coming back...
Probably the only certified crazy on here is me...and I say that with some glint of pride. Of course, WB is crazy....but like a fox, as all artists are. CD is a little wacky, because he tries to make sense of craziness using intelligent logic...but he is, alas, arguing with crazy people. Durden is so many people "it" comes across as an imminently sane and intelligent Sybil....but disconcerting at first because you visualize this trader/quant sitting in front of a supercomputer 72 hours a day jamming out droves of data and you think...what the fuck, this guy must be running through all the speed and nose candy Kudlow sold off on Wall Street when he finally crashed-and-burned....and even then how can one person with less than 17 arms and three heads and a Kelly Girl certificate ever turn out this much work so fast and so often? HO HO HO....well, maybe you are right...we are all crazy here. But....hey, keep this on the QT, but I think this fucking joint is run by aliens from Betelgeuse.
ARE you suggesting that Tyler posts under different handles?
Don't mind him, he's crazy.
HAPPY NEW YEAR ZH!
A happy and prosperous 2011.
A Number 1
Buy Gold Bitchez!
Pls add an ignore feature, such that each reader can set the author-posters he does not want dsplayed on his terminal.
I use this feature on another website since early abt 2001..worked fine to eliminate much clutter. Had the option to turn it off when appropriate.
Don't know how it was tech'ly accomplished.
(d)
Sorry double post
You people are crazy. Glad I'm here.
Jesus Christ. Happy exploding New Year. As I write this, it's exactly midnight here on the best coast.
In case anybody thinks nobody is using their Second Amendment rights, I beg to differ. It's hard to tell what's gunfire and what's just firecrackers, but damn, HAPPY FUCKING NEW YEAR!!!
I would (probably selfishly) argue against an "ignore" button, if for no other reason than I would probably end up talking to myself...which I probably what I am doing most of the time anyway. But, you know, if you do not want to read opinions that you do not agree with, then you can probably find a nice MSM outlet that will suit you fine. It is my view that one of the best things about ZH is the range of input and opinion. I do not agree with everything I read here, and I jump some ass sometimes, and I get my ass jumped more than Tyler Durden has entities. But, that is cool. Sometimes, I read the responses, and realize that I have probably been a fuckwit on that subject. Keep her open baby!
Agree. I don't want to filter opinions that are contrary to my own. Because i) I actually may learn something from them and adjust if they have any validity and ii) Keep your friends close, and your enemies closer
I'm new to ZH this year. A good friend turned me on to it, and I've learned a lot...from the articles, to the guest posts, to everyone's comments. A big thanks to you all and Happy New Year!
Naive question: If the FED is anyway buying up the treasuries and is already by now the largest holder of them, then why should there ever be a high interest rates? I mean if there are X treasuries to be sold and the FED is always there to by X, then why should the "auctions" result in intest rates going up? The market is already disabled by then/now - isn't it?
It's those bastards in Europe and private business that are doing it. They keep selling bonds too, even though the ones the Fed has are obviously a lot better.
But you know how it is. Even though Yugo made a fine car, BMW insisted on doing the same thing. So people kept shopping around, buying those darned Beamers even when a Yugo was obviously the car of the future.
It's important to remember that the Fed isn't looking for its own dollars back as an investment. They need fresh suckers from Asia, the Mideast and Alpha Centauri to plop down actual currency that's not fresh printed in the back room. So they have to compete with the other weasels for those Yen and Roubles and Chinese Hell Money.
Doesn't sound logic to me. What you say is that it's the others that are investing too. But if not only the FED but also others are buying the treasuries, then there is even less need to increase the interest rate.
In a "normal" market you have the treasury selling treasuries for an as low as possible interest rate. On the other hand you have the investors that buy the treasuries and they want an as high as possible interest rate. So if you are the treasury and have the goal to sell of all treasuries, then you have to adjust the interest rate to such a level that you find enough buyers.
But now with the FED there is always an buyer. So why would there be any need to increase the interest rate for the treasuries. They are guranteed to be sold.
If there are nevertheless others (nations etc.) being dumb enough to buy US treasuries then this in addition lowers the preasure on interest rates, as there are in fact more buyers (counting the FED as one of them) than needed.
So given the FED is always buying and given a higher interest rate will lead to even faster collaps, I still don't see how one can be worried about higher interest rates.
So sue me. I just invest in PMs.
a o G
k m o
e e z
m d a
a e i
s t m
h o a
i s
t u. bitchez ;)
e
Happy new year to you, too.
http://www.youtube.com/watch?v=UGlX1BDgLBY&feature=player_embedded#!
Can anyone say... TOTAL AUSTRALIAN ECONOMIC COLLAPSE?!
Before the collapse of the PIIGS??? Gosh DARN!
http://youtu.be/alWPwMY4WGc
I blame all those economists from the Australian School!
If you want a vision of the future, imagine a boot stamping on a human face - forever.
George Orwell
In a time of universal deceit - telling the truth is a revolutionary act.
George Orwell
I'd like to nominate that last one as the ZH back-up motto.
My predictions for 2011
America’s favorite TV program will be Celebrity Lockup in which sadistic guard Dr. Drew constantly clubs the crap out of Lindsay Lohan, Morton Downey Jr., Paris Hilton, Wesley Snipes and Randy Quaid.
The Obama administration, following the belt tightening advice of the World Bank, will announce it’s new austerity policy for the unemployed Americans called “Eat Shit and Die.” However, Republican congressman Ron Paul will point out the ongoing shortage of shit caused by democratic mismanagement of the economy and insist the name be change to “Just Fucking Die.”
Bernie Madoff’s other son will commit suicide. Then his dog will commit suicide. Then his wife will commit suicide by hanging herself after which she will jump into the East river with her feet in a bucket of cement. Then his house will commit suicide by setting itself on fire.
Hey! You leave the dog alone. That is going too far, dammit!
Lots of posts, this may have been mentioned already.
WHEN A POST IS LISTED AS "JUNK" IT SHOULD ALSO INCLUDE "BY WHOM" AND "WHY."
The reason can be "you suck," but I would like to know who the douche bags are.
I've stated before, I don't "junk" because it defeats the purpose of free posting IMO.
It's useful for reporting spam. Some chinaman selling fake watches does not add to the discourse.
i'd like a feature to give people props or thumbs up or whatever like redit or youtube. it would be nice to have the good posts rise to the top and the shit sink to the bottom.
Bond market will crash. Gold and Silver to the moon.
Blatant Fed frauds and lies to continue.
Everything else, ditto like 2010 only accelerated or magnified.
The troll does not feed the central planning monkeys. The monkeys feed the troll
Spent New Year's in Charleston, SC.
This town was virtually packed with happy shoppers and partiers.
Only two years after the greatest financial meltdown in 50 years, the sheep are still out spending money and enjoying life.
King St. in downtown Charleston has virtually every high-end store you can think of:
Gucci
Steve Madden Shoes
Coach
Rolex
Tiffany
and they are opening a brand new Saks Fifth Avenue, with signs out front "Now Hiring".
No signs of the "Endgame for Western Civilization" or Gerald Celente's "Mad Max" world.
Even the Apple store was jam packed.
Further proof that the bear case was 100% discredited this year.
Image #1:
Image #2:
brilliant correlation between people and the economy resembling a phoenix rising back out from its ashes.
guess we can all hang our hats on this analysis and declare any claims of a recession officially over!
So you're saying tourists tend to buy shit. Shocking.
Didn't we already know the upscale shoppers are still hard at it?
O yeah, that's a freakin metropolis! Look at the Birkin bags, Rolex watches, Armani suits...impressive. I do like your pictures Robo, but this one completely misses the mark.
My point is, 2010 is littered with body bags of so many "Doom and Gloomers" who totally got it wrong this year.
All the experts with their macro themes predicting that the consumer was going to cut back, commercial real estate was going to implode, PIIGS countries were going to crash and burn...
Instead, the exact opposite happened.
Consumer spending continues unabated. The economy is slowing grinding back towards recovery. Unemployment is gradually contracting.
And people in Greece, Ireland, Spain are calming down and moving on with their lives, just like those in Iceland did a year ago.
Of course, things can change, but the market will tell us when things change 6 months before hand.
Actually, most of the doom&gloom predictions came true. And provoked a titanic globally coordinated government response to overhaul the entire economy in order to save it. Without that, we'd be at Dow 1500 and everything else imploding.
well said. Noticed someone junked you but no one countered your facts. And then there's the fact that this titanic globally (criminally?) coordinated government response not only puts off the innevitable but makes it far worse.
Excellent reply, CE. I think we would be closer to Dow 3000 but semantics, who has time for them!
I always try to view things from a very foot-on-the-ground perspective... e.g. my own family, friends, coworkers, neighbors, etc. What I see is people who simply will not accept negative change until the very moment when credit and cash dry up. The programming is very powerful and self-reinforcing via social feedback. At the same time, these people cannot keep up. Savings is being depleted. Retirement accounts are being sacked. Loans are not being paid down in any significant amount (defaults obviously excluded here). Most people are paycheck to paycheck - more so than ever before.
At some point capital expenses happen... a/c goes out, need a new car, new roof, etc. For some, medical needs arise. And so on. Factor in rising taxes and fees, healthcare costs, food costs, fuel costs, etc. and J6P's paper-thin margins are going to implode. Which in turn is deflationary and will only be more fuel on this economic fire.
I'll stop there and not even go into the absurdity of the mathematics behind the system that at some point guarantees a failure... punctuated quite nicely by completely unsustainable unfunded liabilities including the largest wave of eldery (baby boomers) the world will have ever seen.
(Market is still a forward looking mechanism? Really? Now I know you are playing the role of the antagonist here!!! Nicely played of course... I do enjoy watching you swat the bees nest on a regular basis. ZH wouldn't be the same without your posts).
Charleston is unique since Boeing is creating a final assembly plant for the 787 there. Also Savannah is hiring 1000 people for the latest Gulfstream ac.
National wide it is the best of times/worst of times. Food stamps usage/government assistance, local government raising taxes/fees cutting services.
If you are fully invested in the market it is the best of times. Our perception does depend on your personal financial situation, the ones doing well are a very small minority.
The people in the bottom pic all look poor as shit.
That Rolex will go good with these faded jeans and worn out sneakers.
LOLOLOLOLOLOLOLOLOLOLOLOLOL!!!!!!
poor as shit
dumb as shit.
the way i see american's bringing up their children, just wear a T-shirt, you will be OK. that is all apple store employees wear, are fucking ass fuck bad looking T-shirts to appeal to the other dumb fuck looking ass america just wearing T-shirts. christ almighty, jucking primary colored fuck ass T-shits. s p e l l s , reeks of just plain horrible fashion ¢'s. i can't stand T-shirts and this is coming from a person that received a fucking T-shirt with every dumb fuck race she ever entered. just give them a fucking T-shirt, they will be happy, it is free and it is cotton and it has some dumb fuck sponsor for that shit ass race she or he thinks so highly of themselves for signing up and paying a
F E E [entry}
shit man, people are just plan fucked up†
craAAPL sell designer electronics to minimum wage slobs. I know someone who is a part time checker who bought a mac book for $1200 and now is trying to sell it for $900 two weeks later. Freaking morons every last one.
+1
T-shirts used to be undershirts and are now somehow appropriate anywhere...... and no, I am not some old timer. Still under forty, for now anyway.
Someone started her "hair of the dog" early.
Happy New Year Velo.
http://www.youtube.com/watch?v=TVtJKErRBpI
HAIR OF THE DOG - Nazareth
That's why I don't race...I have a morbid hatred of fucking T-shirts.
ROBO is the man!
Tyrannies for the doom seeking 40 year old nerds! Silicon Valley in both name and character. lawl
Nothing is coming, folks... happy New Year ;)
I think Robo is a woman. If I were a woman, I would want to be that exact VS model. She is hot. Wrap your mind around that and the daily posts at 4PM we used to love before the new kids came in and started junking some very funny and good shit. Happy New Years Robo. Miss your 4PM recap. Hope all is well with your mom. In the meantime, we have Banzai and Money McBags for brilliant humor. But I used to love your wildebeasts pictures going right and then left to show that madness of the markets.
Too bad the market is so damn boring. So many of the new people here have no idea how funny you are. Cheers!
(d)
Are Earnings Stretched?
http://econompicdata.blogspot.com/2010/12/are-earnings-stretched.html
http://maxkeiser.com/2010/12/31/lets-pray-the-dollar-crashes-quick-so-these-jackasses-destructive-opinions-and-wars-are-taken-offline/
.
http://www.astrologycom.com/uranuspluto.html
.
http://jessescrossroadscafe.blogspot.com/
i knew i would find you, cupcakes. that astrology was euphoric. damn man, hit a nerve. if she floats, she is a witch, guilty. thanks for your most unique pres cents ¢'s.
Liberal Star Blogger Ezra Klein: Constitution ‘Has No Binding Power on Anything’; Confusing Because it’s Over 100 Years Old
http://www.breitbart.tv/liberal-star-blogger-ezra-klein-constitution-has...
Yeh , a member in good standing of god's chosen , doesn't understand why anyone would care about the US Constitution. This son of a bitch, looks like he just got out of the Israeli Defense Force. Yeh he doesn't understand the US Constitution, because he has been programmed by his fathers to not worry about it, because it goes against their Talumudic world view and besides, it doesn't matter what the goy think, after all, we are in power and we are in control, or so he thinks. But those damn stupid Americans, they can be a problem.
Andy is GOY... Same with Matthew (Drudge)...
I am only 22... cannot afford to fight and die for Israel against Iran via draft.
I have friends in Iran and have visited thrice.
I take your point. I agree with you on the whole. But I also have to point out that Ezra Klein, Washington Post blogger and media rep, has a damn good point. The Constitution really has nothing to do with law as it is practiced in the U.S. We marginalized the Constitution to meaninglessness over 100 years ago.
To start treating the Constitution as a real authority in law again would be a very drastic change. Good bye, welfare cheese. Hello, Wild West. Sheriffs would no longer be just federal administrators. (Not saying this would be a bad change.)
Furthermore, the World Order right now is so tenuous, with recognition of U.S. naked imperialism and insolvency growing every day. The World Order is quite different now than when the Constitution was written. There's no reason to believe that the World Order today will just let the U.S. cry "Mulligan!" and then let the states become fifty fiefdoms, with all the chaos that entails.
Whether we like it or not, the religious repetition that "The Constitution is The Solution" does not make it so.
Do I hate the Constitution? Do I think it is worthless? Do I think it has no value in today's world?
No.
I just question what sort of new World Order will be practicable, given the increasing world awareness of the old "New World Order".
In short, I think that we can only "go back to the Constitution" if we include everyone else in the world as "Americans", or as States. Make the whole world a place that's "free" like we idealize about America under the Constitution. Technology has put us all in the same small boat (the size of the Earth) and we must have global governance, a "new world order".
What I am saying is this: The Constituion is an illusion. But I still respect the ideals it embodied. I think we need to really keep our heads on straight if we want to ever actually change the world into a more idealistic place again. The devil is ever in the details when going from ideal to practical.
As Damon Vrabel says: We may have to go through an en-Darkenment before we achieve our next Enlightenment.
What I wanted to bring up, actually, is the idea of Zionism as being the bogeyman.
I absolutely believe that Zionist interests are the fucking bogeyman that's hijacked world finance, media, and even the economy.
It doesn't seem that hard to me to distinguish between Zionists and "Jews".
Ask me if Jews are the bad guys. I'll say "Yes, but no. Just the fraction of them that are a part of the NWO cabal of Zionist psychos who want to cause World War III and who censor the media and who are a big part of the banking cartel."
I'd further add: "Dick Cheney is a bad guy who is part of the cabal of Zionist psychos who want to cause WWIII, etc., but he isn't a Jew."
Ask me if Israel or Israelis are the bad guys. I'll tell you "Sure. But 99% of them are probably just as deceived as American sheeple. It's really just the present and past Israeli policy that is bad. Really bad. Just as bad as American foreign policy."
Do other people feel me on this one? What I'm basically saying is: It's an important distinction to make, that if someone believes that Jews are running the world, they should make it clear which Jews they mean, unless they mean that all of them are running the world.
Or does this site just have a plain and simple Anti-Semite hate clique that really hates Jews and Israel?
PS: HPD -- I don't take you for a racist at all. Just I was looking for an appropriate place to post this: http://www.juancole.com/2011/01/wikileaks-israel-plans-total-war-on-lebanon-gaza.html
Just because the animal farm is shakin' off their collective hangover, just because everything can change on a new year's day, or just because, here is my first post on ZH.
(Background: been reading here for over a year and have been scared/"awoken"/enraged/obsessed/you-name-it by this site. Never posted before because always along The Journey there was something to understand more, so any post would have been just another voice falling into one of many camps of voices here.)
Thank you SO MUCH to Tyler & co for this thing - it's powerful stuff. And thanks to the commenters: all of you - the very few that Get It and have chosen their path, the semi-awake, the clueless-but-trying, and the perpetual dumbfucks...we're all in this together!
**
So "sit back with the popcorn", if you choose, in 2011 and beyond and watch how those who were born into and bought into the american system slowly (damn, it's gonna be SLOW!) come to the realization that the quote from the Malcolm X movie applies to them:
We didn't land on Plymouth Rock, Plymouth Rock landed on us!
(PS - the human being behind this post is not sure if that quote actually happened, 'cause he wasn't there, but rather just heard it in a movie and understands its meaning. And this human being has got some ugly, pale-ass skin!)
Now "Joe and Jane 6 Pack" will never get there, for certain. A minority of "End the Fed"-ers and "9/11 truthers" will, but most won't.
(PS #2 - obviously the fed should be ended and 9/11 was an inside job, but this System of a Down ain't changin' that way...those world views are merely stages on The Journey for those who dare take it. Since most people are pussies and won't ever dare, consider yourself blessed if you yourself are at any stage on it. Even if you're "pissed" at the Fed, you are way ahead of the game - but still have a long way to go.)
**
Since the popcorn topic has been handled, the question for the human beings who get to the level of understanding as represented by the movie quote is this - what are ya gonna do about it?
It seems the choice is beautifully represented by Cognitive Dissonance vs. B9K9.
(Timeout for a personal note: to Cog Dis - thank you so much, sir. To B9K9 - you are are a total badass...that is meant as a compliment of the highest order even having a fundamental disagreement with the "hairless apes" concept...the Human Soul is a beautiful thing.)
If you don't understand what these two people are saying on a core level, then there is no point in explaining it here. For those that do understand what they are saying, remember that they both represent choices in terms of where to go, not specific answers.
(Final PS - someone with a Human Soul and a Critical Mind wrote this after a long time of being here and not saying shit, but deeply absorbing things. Do you have a Human Soul and a Critical Mind? If so, and even if you do not agree with this today, then spend some time in quiet reflection thinkin' on it.)
Or are you gonna immediately junk this post, ignore it, or hate on it? If so, then you have made Ted Celeste a member of the ZH Illuminati. Sweet deal!
(And as such, Ted Celeste will only respond to something a fellow Illuminati member says. Otherwise, the member will not speak often.)
**
Thanks again, Tyler & co. Thank you so much.
Looks like the 'New Ted Celeste' is clearing his throat, warming up a tenor's voice to start singing ...loud, strong and often on the public ZH platform in the New Year.
Let's hear it folks... for the lurker as he finally makes his way on stage.
{*clue the sound of one hand clapping!}
................................................................
"You don't have to be a man to fight for freedom. All you have to do is to be an intelligent human being."
Malcolm X
................................................................
1620: PLYMOUTH, MASSACHUSETTS.
As everyone knows,
…the glorious opening scene of that Hollywood blockbuster, “America!” the first European colonists in what would one day become the United States arrived on the Mayflower, having left England to find religious freedom in a brave new land.
Many Americans proudly trace their ancestry back to these lovers of freedom, these brave pioneers, these champions of religious freedom.
Unfortunately, like almost everything we have been systematically programmed to believe about the United States and its history, it just ain't true. The Mayflower was far from being the first ship to carry European colonists to what would become the U.S. Prior to the Mayflower's voyage, there were numerous other attempts to colonize North America.
None of the groups of British emigrants, including the Puritans, left Britain exclusively in order to escape religious persecution. They traveled to North America seeking economic advantage.
The voyage of the Mayflower was, in fact, financed by a group of London investors who were to receive sixty percent of the profits of the colony in its first six years.
The Puritans who stepped ashore from the Mayflower instigated a reign of oppression and terror in the New World which lasted for more than a century. Attendance at the only approved church twice every Sunday was mandatory. Those who refused were jailed. Those wearing clothing not approved by the zealots were jailed. Those labeled as atheists had holes burned through their tongues with red hot irons by these lovers of Christ.
In order to enforce universal obedience to what they claimed to be "God’s word", these much-lauded seekers after religious freedom also branded "offenders" with red hot irons, hanging many and burning others alive at the stake. Quakers were hung for the crime of being Quakers. Women accused of adultery were branded. Those called witches by the Puritans were burned alive at the stake in large numbers.
Far from seeking religious freedom, the
Puritans' goal was to create an open prison in which only their own narrow, vicious zealotry and religious delusions were permitted and in which their domination of society would be maintained through intimidation, terror, torture and murder.
1650
These fabulous freedom-loving Puritans take for themselves the honor of performing the first of many book burnings in what will become the United States.
Businessman and magistrate William Pynchon goes a bit crazy and writes a theological treatise on some absurd point of Puritan doctrine. In doing so, he comes into conflict with the Puritan mullahs.
The book is duly confiscated by the Puritan religious police, condemned by the General Court and burned by the public executioner in the Boston marketplace. A day of 'fasting and humiliation' is proclaimed by the mullahs, so that the population may consider how Satan had prevailed among them.
Sure do love all that religious freedom.
Predictions for 2011
by JohnGaltFLA
Such a long list of incredibly detailed predictions is ridiculous. Is this a joke or a spoof or a satire?
Thanks to ZeroHedge for a most educational 2010. You guys are an amazing resource.
Also, thanks for allowing me an opportunity to swing for the fences and miss badly with my 4X predictions for 2011. Here goes:
The over-riding theme in 4X this year is going to be economic recovery in the West with coincident deterioration in the East, especially from China. Chinese economic health greatly affects the "Western" economies of Japan and Australia, so the way of the dragon speaks volumes for their currencies.
The USD, on the other hand, should rise on economic recovery expectations, with rising yields on the 10-year note but who knows what kind of shenanigans there are going on behind the doors. Be careful with those pairs.
Specifically:
As always, SYOS (set your own stops...) and use pillow-friendly lot sizes.
Best of luck trading, ladies and gentlemen and may 2011 be your best year yet!
Olexsandra
1. RUT = 880 by end of January, all leveraged etf's tanked.
At some point the speculation gap between the SP and the RUT have to converge...margins expanded as much as possible, rev flat when considering real inflation - cost inputs rising, nobody left to "reassign". I am sure this is bullish in some way.
2. People will discover that rare earth is a joke - send your production to china, problem solved.
3. Tiger Woods gay sex tape is exposed.
4. Facebook goes public and loses it's glamour.
5. Steve Jobs is discovered with a compacted rectum, 2 gerbils and an iPad.
6. Clowns become cool.
What I wish would happen:
People would put appearances and presuppositions aside and realize that the 90% who think they are in the game are the big joke...It isnt hard to do, you just need the #'s and conviction, I am tired of living my life from a list of possible choices...that's not freedom.
Happened before, put down the distractions, open your eyes, talk to your neighbor and come to the realization that this isnt the kind of change we were expecting.
The scariest thing that could ever happen to those in control is that which is listed above. There is a reason they "included" the settlers in govt - so they wouldnt side with the indians (and subsequently the slaves). ftw and happy new year!
point of no return:
<a href="http://www.bullionstream.com/" target="_blank"> <img src="http://www.bullionstream.com/media/public/charts/silberpreis_eur_10jahre..." title="Silberpreis in EUR / 10 Jahre" width="374" height="225" border="0" /> </a>
Happy New Year to the ZH team and all of the crazy posters. Isn't it great to be able to use cuss words?!
Timmy Geithner...will he survive 2011?
Gold to $1500/oz?
Silver to $37/oz?
Here is the Tag Cloud for this thread ZeroHedge NewYear 2011
Hmmm, "white hand". Ominous?
SmokeyQuinn ...
Up at the top of middle finger... just above GOD.
Right where they both belong!
My prediction:
Silver becomes a mainstream investment and is perceived as a hybrid between gold and palladium. Instead of being the ugly red headed step child nobody wanted people will talk about it with respect and reverence again and when they mention it's name it will be synonymous with "valuable". CNBC will use it's success to detract from golds rise and come up the the conclusion that they are not sure which metal to buy so recommend not buying any at these 'bubble' prices and stick with safe U.S. treasuries. There will be a silver shortage as the misperceived abundance of Maples and Eagles at the bullion dealers get snatched up quick like by deep pockets who don't blink at a $31 price. Premiums soar. Everyone who holds an ounce of silver in 2011 will look at it and be assured that it is precious and valuable and a great investment. In a nutshell silver will finaly get it's props...and platinum will do very well.
Silver @ 30 is top heavy territory... much like Oil @ 150
A lot of people holding their silver Christmas presents are going to be very disappointed when Lloyd, Jamie no testicles and Baldy Ben take this sucker down again.
Don't try to resist either... You will be targeted, charged for domestic terrorism and thrown into the dirty street while you watch your home bulldozed to the ground.
Sucks to be a slave to the subliminal. Cash will always be king <3.
both Silver and Gold are set to disappoint in this new Year 2011
Predicitions...I think the ignorant population will continue their fascination with Jersey Shore. While the real world continues its death spiral. However, in the meantime, the trend continues UP! :)
www.nacocapital.com
Here's a video offers quite a bit of information on why monitoring Order Flow is important to your trading including, why:
> Signals from Order Flow monitoring algorithms lead changes in price and Momentum algorithms lag changes in price
> Why Order Flow monitoring algorithms offer earlier, more accurate signals
> How to use Order Flow monitoring algorithms to avoid 'fighting the tape'
http://algofutures.com/blog/monitoring-order-flow-why-it-is-important-to-your-trading-a-video-primer/
Hope that you find this video as interesting as we do.
Cock - A - Doodle - Do - West Coast! Carry on.
2011 Political cover all statement will continue to be:
"Bush did it"
Every resident of 1600 Pennsylvania "did it".
you said it
This is what I figure, with apologies to all who differ in good faith:
1. Continued borderline deflation and general economic stagnation
2. Demographic realities, trends, and their impact on matters economic become more of an issue. The word "fecundity" and its variations start to appear, as at least a few people realize that western nations need to reproduce more.
3. Mild rise in gold prices; dramatic rise in silver prices, but not as much as some people think.
4. First rumblings of widepread civil unrest in the US.
Related articles and posts from my own blog:
http://strikelawyer.wordpress.com/2010/12/31/great-article-global-warmin...
http://strikelawyer.wordpress.com/2010/12/30/inflation-deflation-debt/
http://strikelawyer.wordpress.com/2010/12/08/money/
http://strikelawyer.wordpress.com/2010/12/11/money-ii/
De-weaponized pussy.
Yes, that would help. You might take a look at a site called "in mala fide" if you want to see some of the cultural consequences of weaponized pussy. If you haven't already; that phrase indicates you've prally seen it.
Does having an ex count?
If you want it to. At least, I won't deny it to you. I can't speak for her, though.
2011 will be a year of surprises. Many totally unexpected and coming from things being disregarded. Depletion of global resources will progress unabated.
2011 - WTFOMG - how can it be anything other? Happy New Year, folks! - Hang Tough, stay healthy and do your best...
∞ is the "economist" formerly known as The Bernanke.
Or Ben "Buzz Lightyear" Bernank..."To Infinity And Beyond!!!"
Hell of a ride 2010 was with zerohedgies and all. i will figure it out, some year maybe '11, will be year of exposure.
but in retrospect, it has been the best year of my life, cause i got to meet and greet all you though. i know it is serious business you are all covering in these articles, i appreciate all the explanations and wise knowledge and recommendations. i am even on better relationship terms with my daughter, and i can only attribute that to all of zerohedge.
wish i could add something besides:
bitchez†
My hope for 2011 is for Keynesian Economics to finally receive a proper burial. After being ill for decades and finally succumbing to Debt Saturation (Diminishing Marginal Productivity of US Debt in the Economy) in 2010, a few words and a marker are due. The casket must remain closed as the decay of the last decade would be too horrible for viewing. Nonetheless, after nearly seventy years of propping up an unsustainable lifestyle for the American people, a simple but respectful ceremony is justified.
I suggest Zero Hedge host the service in Las Vegas. Vegas is a monument to the opulent excess of the Keynesian Era and with the highest unemployment and foreclosures in the nation it is the perfect venue.
No forclosuregate. That speaks volumes.
You might find this and some related posts on the same blog interesting:
http://strikelawyer.wordpress.com/2010/11/27/banks-and-the-courts/
Detroit files for bankruptcy.
U.K. bond auction failure.
Japan bond auction failure.
Near election air strike Iran.
Crude oil tops 175 per barrel.
Mexico moratorium on crude exports.
Happy New Year to all. Traveled to a Obama Motors dealership yesterday. I needed to pick up two special ordered wiper blade nuts for my girlfriend's son car. The place was packed.
Proles Glore were sitting around small tables passionately working deals between the Salesman & New Car Sales Mangaler. Twinkles in the eyes of new buyers could be seen.
After completing my transaction for two 16mm special nuts manufactured in Asia for $11.57, I departed and glanced around to the happy faces of new alleged new car owners.
While exiting the beautiful glass dealership door exits, I pondered how badly they got ripped off during the stage two financial raping secession.
Always save your money and buy the car in cash. Never tell them during your purchase. Go to stage two and watch the dealership meltdown mode.
Again, worth the repitition. Everyone who has not yet read the article on the Global Banking Cartel structure please read (total of only 4 pp.):
http://csper.wordpress.com/2010/08/12/monopoly-money-and-the-international-banking-cartel/
http://csper.wordpress.com/2010/08/20/global-empire-and-the-international-banking-cartel-part-2/
And do read Prof. Tainter's brilliant paper summarizing crucial details on societal collapse:
http://dieoff.org/page134.htm
Those blog articles are fine and make a lot of good and informative points, and it's critical to understand that all money, all of it, is centrally controlled by the system.
But I'm not sure he's right that the problem isn't a precious metals standard; he seems to understand that money being a debt is the problem, but that's just the flip side of the gold standard coin: the only way money has ever been an asset and not a debt is with the gold standard.
Good stuff, though.
Now that it is here, here's my wish for the ZH community:
May the new year bring us banksters swinging (self-inflicted) from lamp posts.
Because none of us would be involved with such acts, of course.
More likely however, what we get is this: http://www.thelmagazine.com/images/blogimages/2010/08/30/1283193640-lamp...
Ah ha! I knew it. The revolution WILL be televised.
"Stay tuned for more Extreme Lamp Post Decorating right after this message from our sponsors..."
And let's not forget color commentary, instant reply and slo-mo. Not sure how well challenging a judgement will play out though.
How about "Lamp Post Dancing with the Stars?" I'm sure there are a few B List financial superstars who could make guest appearances. If Bernanke has other obligations, how about Blythe Masters?
Tragic auto-erotic asphyxiation accidents are on the rise, I hear. Sad.
People are more hungry for risk than ever, thanks to the slow economy.
They're going out with a whack instead of a bang.
http://www.reuters.com/article/idUSTRE6BT3YI20101230
I will hold my tongue on this one as I don't know where to begin...
My predictions:
A complete global collapse of all fiat currencies and any financial instruments denominated in such currencies.
Attack on Iran by Israel/USA, followed by heavy retaliation from Iran/Russia/China in the form of Moskit/Yakhont anti-ship missiles against Western naval forces. (followed by global thermonuclear exchange)
Increasing signs of imminent pole shift (i.e. massive seismic/volcanic events).
Prediction: The US decides to start keeping the lands it conquers.
Last unarmed female cancels her account with ZH. Marla pregnant with twins and Tyler fired as financial advisor to Hugo Chavez. Prince Charles very unhappy with his daughter-in-law.
rofl
pantech bitchez
"Working men (more than a century ago), keeping faith with the sacred tradition of Jefferson and Jackson…being independent producers, exploiting no one’s labor but their own, were engaged in mortal combat with the banks and monopolies and middlemen, who, unproductive themselves, grew fat and powerful on the labor of others.” Albert Fried, Except To Walk Free.
Déjà vu.
In short, here we are again--you and I--individually weak, and only able to become powerful and independently self-reliant producers if we band together for self-defense.
The conditions that fostered the labor movement in the 1860s arose from the greed of the money monopoly and its government and academic sycophants setting the price of labor. Unions rose, and through their own greed and corruption and duplicity with the money powers in the 20th Century, fell.
Again, today, as in 1860, the individual craftsman, artisan and professional faces a money monopoly setting the rate for his labor. Labor costs too high: move the plant to Mexico. Engineers getting too expensive for Steve Jobs and Bill Gates: get thousands from China to drive the rate down.
American workers—the producers-- must win back their political power from the amassed power of the Fed, working in close alliance with government to favor only the money elite and favored insiders (bankers multinationals and unionized public employees…), shielding non-producing capital and imposing the burden of government on the wealth-producing individual. Ultimately, if the Fed is successful, this alliance will reduce workingmen everywhere to a state of practical servitude.
The American miracle is by definition: individual achievement in a free society. This form of government was not a money-power collective. Every man’s opportunity was to be protected by the entire society, guaranteed by statute. Inventing a successful instrument or process was a road to wealth; frugality was an avenue to security; moral business practices expanded one’s connections and financial success.
But that’s over now. The U.S.Congress is no longer an arena of representative government for individual citizens. Powerful forces have their way with politicians and corporations, and yes, over unorganized citizens.
The rise of capital backed with political monopoly in the early1900s gave impetous to a legitimate labor movement when only an organized effort would protect workingmen. (Workers not unionized benefited equally from collective bargaining.)
It’s interesting to take a dramatic quotation from William H. Sylvis, the moving force behind the National Labor Union in 1864, and substitute his terms of “labor” with today’s individual workers and taxpayers and “capital” with the domination of Fed international investment bankers such as JP Morgan and Goldman Sachs:
“We find capitalists ever watchful of their interests—ever ready to make everything bend to their desires; then why should not laborers be equality watchful of their interests…equally ready to take advantage of every circumstance to secure good wages and social elevation?”
Sylvis explained that labor was individually weak and became powerful only when banded together for self-defense.
“Capital is jealous of control or even remonstrance, and will often object to the interference of labor, even would such an interference be beneficial to its own interests…
“Capital is haughty, proud and insolent and spurns with contempt the remonstrances of the oppressed, the respectful entreaties of the defrauded…”
It is difficult not to imagine Barney Frank cutting off a statement by Congressman Ron Paul without imagining the haughty arrogance of the financial power behind him…
And it is not difficult to picture the plight of the working craftsman, say an engineer, in a high-cost city commuting to work every day on rising fuel costs and declining home values paying off a banker-induced bubble mortgage on reduced wages and inflated non-discretionary prices--orchestrated by Fed-powered entities bargaining for the cheapest possible source of labor with corrupt and communist countries--without picturing what it was like for a grime-faced coal miner in 1900 taking whatever salary and benefits the owners of the mine thought fit for him and his family.
As always, America’s choice once again is slavocracy or freedom.
Good post. I have a hard time believing it will be anytime soon that people will think about collective bargaining. Instead of that, they are thinking about gold, grains, and guns to assure their future.
Those who would survive the coming apocalypse will be compelled to band together for mutual benefit. Mankind will survive, albeit the global population may be reduced significantly, perhaps by as much as 90% or more. Such tribalism would be encouraged under such a scenario.
Eventually someone who predicts the TEOTWAWKI will be right.
Should be a fun "I told you so"