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Record 44.7 Million People Celebrate Geithner's Departure And The End Of QE2 Through Foodstamps

Tyler Durden's picture




 

The one and only clearest indication of just how effective the recovery and QE2 in general has been, comes courtesy of the USDA, whose just released update of April participation in Supplemental Nutrition Assistance Program (SNAP), better known as "foodstamps", shows yet another record, this time 44.647 million people, an increase from May's 44.587 million. And after rising modestly in the last month, the average monthly benefit per household dropped again to a post April 2009 revision low of $282.38/month.

h/t John Lohman

 

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Fri, 07/01/2011 - 09:35 | 1418442 idea_hamster
idea_hamster's picture

Why would anyone want food stamps?  You can't eat them -- just like gold.

</sarc>

Fri, 07/01/2011 - 09:38 | 1418482 Thomas
Thomas's picture

How rapidly you snarfed my comment. You can't eat them! Yeeeoooow!

Fri, 07/01/2011 - 09:30 | 1418444 GetZeeGold
GetZeeGold's picture

 

Boom.....winning.

 

Fri, 07/01/2011 - 09:46 | 1418523 doomandbloom
doomandbloom's picture

agree...its an upward moving graph..up is good...down is BAD...

Like.

Fri, 07/01/2011 - 09:30 | 1418445 youngman
youngman's picture

This is the true unemployment number.....they don´t drop off.....in fact they just keep on keeping on....

Fri, 07/01/2011 - 09:38 | 1418476 FEDbuster
FEDbuster's picture

Can you imagine the "soup lines", if this program was shut down?  Graphs don't do the magnitude of our current depression justice.  Think of the mobs around govt. trucks tossing ten pound bags of rice and beans to people on every urban street corner.

Fri, 07/01/2011 - 09:46 | 1418525 SeverinSlade
SeverinSlade's picture

You nailed it.  That's why I find it so laughable that the average American actually believes that we're not in a depression.  They actually BELIEVE that the economy is in a [slow] recovery.

Seriously, cancel the food stamps and EBT cards and overnight, people would wake up.

Fri, 07/01/2011 - 10:28 | 1418751 FEDbuster
FEDbuster's picture

The media has conspired to hide the true level of this economic collapse.  The pumping up of the stock market is supposed to inspire a "wealth effect" on the general population (but most don't have any liquid stock holdings). The depression is real and chronic.

In the meantime, real unemployment over 20% has created a permanent entitlement class supplementing their dole with "cash" jobs whenever they can.  Maybe we can adjust to this new reality of America, but someone will eventually have to pay for it.  Will we simply accept that 50% workers/taxpayers will have to support the 50% non-workers and retired?  What level of support/transfer of wealth will be given?  We cannot continue to borrow to pay for it, at some point that game will end.  Given our current political structure, economic collapse and crisis will be the most likely outcome.  What comes after is anyone's guess.

Fri, 07/01/2011 - 10:56 | 1418864 Urban Redneck
Urban Redneck's picture

People forget, or never learned, that the Great Depression wasn't- IF ONE HAD A JOB.  Look at the Duesenbergs & Bugattis that the rich were buying all through the "Great" Depression.  Dumbed down contemporary textbooks show pictures of the Roaring 20's juxtaposed with pictures of soup kitchens and breadlines and imply that the entire US followed a "before and after" model with the pivot point being the 1929 stock market crash. 

Fri, 07/01/2011 - 14:20 | 1419629 FEDbuster
FEDbuster's picture

Many cash rich businesses consolidated their TBTF status in the thirties buying or driving out their competition (just like the recent banking consolidation). 

There have always been the working poor and retired poor, we just have more govt. commitments to support them now.  Will the top 10% in wealth and wages be willing to support the bottom 50%, or will they let the armed and hungry take to the streets?  Think in terms of 50-100 million "flash mob" being told no more food stamps, medicaid/medicare, housing, etc...  Right now politicians talking about cuts to Medicare are facing flash mobs of angry senior voters (no guns yet). 

As we devolve into a Mexico like country, will TPTB keep a lid on it or will it boil over like the Rodney King riots everywhere at the same time?  The Cloward-Piven strategy ( http://en.wikipedia.org/wiki/Cloward%E2%80%93Piven_strategy  ) said when the government welfare system is overwhelmed, the entire system will collapse.  I think we are much closer to that point than many are willing to admit.

Fri, 07/01/2011 - 10:22 | 1418686 DaveyJones
DaveyJones's picture

I always think of that. What are we at, fifteen percent of the population? It is the most sinister, deceptive propoganda going.

Fri, 07/01/2011 - 12:49 | 1419296 GtownSLV
GtownSLV's picture

Bags of rice and beans? Not a chance with the new and improved, stigma free, ChezObama surf, turf and fried chicken card. Nothing like overtly buying an additional 20,000,000 votes. You just know the ACORN decendents (card holders themselves) will be on every street corner in the hood next fall telling the "constituency" No Bama - No card! 

Fri, 07/01/2011 - 12:55 | 1419347 -Michelle-
-Michelle-'s picture

I called the local foodbank a few days ago.  The relief in the worker's voice was palpable when she realized I was calling about making a donation and not about getting food.

When we went to drop off our stuff, I walked in to a tiny office crammed with people waiting to pick up food.  Even as I stood there, two more families came in behind me to sign up for services.  In the space of 15 minutes, I watched 6 families receive food bank items.  Two families had been there before; the other four were all there for the first time.

The worker who helped me unload our stuff said they are seeing a large number of new participants.  She said the new people come in and can barely get through the application process without breaking down.

Fri, 07/01/2011 - 09:35 | 1418449 RobotTrader
RobotTrader's picture

Gingrich:  "Obama is the greatest food stamp President of all time"

Fri, 07/01/2011 - 09:37 | 1418475 LawsofPhysics
LawsofPhysics's picture

I know I shouldn't feed the trolls, but in response, the GOP's solution is to simply end the food stamp program altogether.  Soylent green bitches, bring it.

Regarding equities - oncoming rush to dividend paying stocks ahead of a broader exit, enjoy and hedge accordingly.

Fri, 07/01/2011 - 10:38 | 1418784 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Gingrich is a former American, now globalists.  He and Obama are peas in a pod!

 

Tuco Benedicto Pacifico Juan Maria Ramirez

Fri, 07/01/2011 - 09:33 | 1418455 Xibalba
Xibalba's picture

Wow.  You have to make less than 10k a year to qualify for the program.....how soon til Repukelicans raise it? 

Fri, 07/01/2011 - 09:38 | 1418478 youngman
youngman's picture

oh Xibalbe..you are new to this aren´t you...you just put on the application you make less than $10,000......and then you file another one...and another one..all with different names of course...

Fri, 07/01/2011 - 09:44 | 1418488 Monedas
Monedas's picture

Hahahahaha ! As a fellow General, without a staff, creative guesser to provoke comments......I challenge you to produce your data ! Even Welfare generational families are not that poor ! Monedas 2011 We have the richest poor in the world.....and they have the luxury of not having to work !

Fri, 07/01/2011 - 10:49 | 1418845 Bobbyrib
Bobbyrib's picture

The problem with the system is that if they work they are "too rich" for the food stamp program.

Fri, 07/01/2011 - 12:15 | 1419181 firefighter302
firefighter302's picture

Where I worked as a firefighter,  The "projects" are full of folks who are home all day long.(My fire company was literally stationed on the edge of a project.)   42 inch+ HD tv in every unit.  Free housing, NO property taxes, free insurance, free electricity, free food stamps, free oil for heat and hot water. free diapers and baby food, Free snow removal. Free lawn care.

The sick thing is the massive abuse of the system. Some folks do try hard and do have tough times... And we should be helping them to get back on their feet !

But the multi-generational never-ending chronic abusers are lazy thieves, pure and simple.

And they do pretty damn good, for earning nothing and paying no income, property and auto taxes.

Did you have to pay taxes in 2010?

Fri, 07/01/2011 - 12:23 | 1419223 hedgeless_horseman
hedgeless_horseman's picture

Using a federal grant, Atlanta rebuilt with mixed-income housing and added cradle-to-college education and the same community services that Galveston wants its developer to provide.

http://www.chron.com/disp/story.mpl/metropolitan/7635053.html#ixzz1Qs5KuLxr

Fri, 07/01/2011 - 09:43 | 1418491 LawsofPhysics
LawsofPhysics's picture

Wrong, I know of two families that currently have a net income of over 50K, but with two children and only one working spouse, both are receiving SNAP assistance.  Go ahead, try to feed, clothe, and shelter a family of four in the Bay Area on 50K per year.  Just another example of why california and the new world order mentality are in serious trouble.

Banker and politicians can not have it both ways (i.e. broader inflation without wage inflation).  The result of "mark to unicorn" accounting.

Fri, 07/01/2011 - 09:54 | 1418545 shushup
shushup's picture

If they don't make enough money to feed their children then why did they have them? Why aren't they BOTH working? Why don't they move to a place with a lower cost of living? Why should I have to support them?

Fri, 07/01/2011 - 10:02 | 1418593 MachoMan
MachoMan's picture

because two wolves and a sheep decide what's for dinner

Fri, 07/01/2011 - 12:30 | 1419238 hedgeless_horseman
hedgeless_horseman's picture

+1

We all need to know the difference between a republic and a democracy.

http://www.youtube.com/watch?v=KFXuGIpsdE0

Fri, 07/01/2011 - 10:04 | 1418596 Xibalba
Xibalba's picture

Why don't they just sell their home, get another mortgage, relocate and buy another, and ask for a raise.  1,2,3....Easy. Now you can go back to your pension. 

Fri, 07/01/2011 - 10:34 | 1418783 HungrySeagull
HungrySeagull's picture

You are halfway to the correct path.

Sell the expensive home off at whatever price and come out of the city into the Rural area where cost of living and housing are very low. My place is free except a few hundred in taxes each year and roughly 400 in all utilities each month if that.

Fri, 07/01/2011 - 10:00 | 1418597 LawsofPhysics
LawsofPhysics's picture

As to children - they could support them fine when they had them.  Manufacturing jobs went to China and Korea.

As to working - NO JOBS, and in one case the spouse has MS.

Yes, people should be responsible.  But then again, politicians should also be honest and represent constituents and not banks and the financial sector.  Any chance of either happening.  History shows where all this is going.  hedge accordingly.

As far as you supporting someone else's children, no you shouldn't have to.  But then again, these are skilled laborers who had good jobs.  If they decide to kill you and your children so that they and their children can eat (and you don't have to support them) then I guess that would be okay.  Fine, I agree completely.

Fri, 07/01/2011 - 10:21 | 1418719 jerry_theking_lawler
jerry_theking_lawler's picture

come on law, its the american way, if their manufacturing jobs 'went to china' then there is a reason they 'went to china'....

if they want to feed their family, maybe they should move to china to keep their manufacturing jobs....

i don't want to pay for anyone just like i don't want anyone to pay for me. i get up and go to work 5 days a week. i have off hours call. i work some weekends and holidays. i don't necessarily like it but i do it to support my family.

there are jobs in the US, they just aren't 'good jobs' as peolpe would call them....sitting on your ass working for the .gov, having your own business where you wake up at 10am, work 2-3 hours, play golf/etc, and make $150,000/year. yeah, those days are over (should've never been here).

get out and get a real job actually creating something called 'VALUE'.

Fri, 07/01/2011 - 10:46 | 1418823 Rynak
Rynak's picture

Go fuck yourself with a screwstick, race-to-the-bottom slavedriver, and oligarch in disguise.

Hey, here's my idea how to solve all this stuff: Kick everyone with your mentality (that includes most politicians and bankers) out of the country..... then shield the country from parasitary import/export corporations (i.e. via tariffs) which you support - and if they don't comply, throw them out of the country as well. And then, after all those parasites are out, start producing AND consuming what we need locally.... no import/export crap for basic needs, no braindead race-to-the-bottom wages in the face of lack of workhours.

And then, we may find out that working just 5 hours a day, at high wages, for local production and consumption.... may amazingly actually fix those imbalances..... we may figure out, that basic school maths actually mean something.

Fri, 07/01/2011 - 11:15 | 1418927 Jacks Wasted Life
Jacks Wasted Life's picture

start producing AND consuming what we need locally.... no import/export crap for basic needs 

What about oil?

Fri, 07/01/2011 - 11:26 | 1418998 Rynak
Rynak's picture

There are few countries which can be totally selfsustainable. However, that we can't get everything locally doesn't need to mean that we import everything, right?

Take those foodstamp receivers for example. They have a need - or at least claim so. They also have supply of workforce. Well doh, if there is demand AND supply, then how is there no market? This is ridiculous, as soon as one does not take the popular matra for granted. It makes no sense. There are people in need of something, who also are not working..... how can there be a theoretical lack of jobs in that case?

Fri, 07/01/2011 - 11:56 | 1419128 pazmaker
pazmaker's picture

not necessarily a lack of jobs but a lack of higher waged jobs. Many companies pay a non-livable wage to the to their hourly employees.  These employees are the working poor that qualify for Food stamps, while management stuff their pockets with 20% bonuses.

 

I've actually heard some hiring managers say paying the lower wage allows his employees to collect more government benefits.  In essence some of these benefit programs such as SNAP are subsidizing private companies by sustaining the workers who work for a less then livable wage.

Fri, 07/01/2011 - 13:17 | 1419429 Rynak
Rynak's picture

That's why i advocate both, less workhours and higher minimum wages.

Besides of the maths, the reason is the following:

In the absence of redesigning the economic model, those not getting a job, or being paid non-liveable wages, are employed by corporations which exploit the nation. Reason being that wages and buying power are the same - locally. When companies discount wages, the consequences are:

1. The population impoverishes, and buying power goes down the toilet. If the corporation sells locally, it also will go broke, or will have to raise wages. This is what would happen without "cheating"... the greed of such corporations, would ensure their own destruction. So, even if we would actually go all out darwinism, wages would have to raise, or the whole system goes down.

2. But we can cheat. First option: Export the produced goods. Impoverish the local population to produce cheap, then sell to some non-poor country.

3. There is no non-poor country left? Crap. Well, let's just ask the state to lend to other poor countries, so that they can buy our cheaply produced stuff, expensive.

4. Gov doesn't want to lend to others? No problem. Let the gov pay the wages, which we are too greedy to pay - thus, the gov sponsering your wages. Massive unemployment benefits, foodstamps, and so on, basically do the same.  This way, the gov keeps the population from going into lynch mode, pays for your nonsustainably low wages, and even gives you a power advantage: When people fear for their existence, they become more willing to work at our low wages.... perhaps we can even push them a bit lower.... don't worry, the gov will pay the difference, one way or another.

5. But now, the gov taxes us for all this shit. Solution: Avoid taxes someway.

 

THIS is what's going on. All those current low-wage jobs, with 10+ workhours, are fake.... the actual wage is much higher, one way or another, and the taxpayers (or currency-holders in the case of monetization), pay for the wage difference.

 

Fri, 07/01/2011 - 10:55 | 1418862 Bobbyrib
Bobbyrib's picture

People who start their own business usually work ridiculous hours when the business is first started. They make incredible sacrifices. I don't think there are too many small business owners who work 2-3 hours a week.

As a future independent (too lazy to mail the form in), I think small business owners should live an upper middle class to upper class life style, but should pay "a fair share of taxes" (this depends on your definition) as well.

 

Fri, 07/01/2011 - 11:12 | 1418898 Rynak
Rynak's picture

Regarding small business owner workhours.... how do they count workhours anyways? Oh forget it, how are workhours *in general* counted anyways? It seems, whenever i read supposed numbers of workhours, they are at odds with the actual amount of hours worked.

And what for? How the fuck does individual persons working MORE hours create MORE jobs?

The "race-to-the-bottom" morons have been preaching their mantra for tens of years.... and the economy has moved into the direction of their demands.... what has in this time happened to unemployment numbers? What has in this time happened to consumer buying power? What has in this time happened to state-spending to support no/low-income individuals?

But.... i'm sure that's just a coincidence. It is not related to precisely those policies having caused the current situation. Rather, on the contrary, it must be that we haven't been doing it enough. If we just discount the workforce and buying power even more, i'm sure it will result in the opposite.

Devalue more! Devalue more! If we just do it enough, we may magically become rich! Fucking for virginity!

Fri, 07/01/2011 - 11:22 | 1418970 LawsofPhysics
LawsofPhysics's picture

Rynak,

Your comments are spot on and precisely why I sold paper gold in November to buy 40 more acres of arable land that is currently being leased for agriculture and used to expand some of my operations.  As America slowly becomes just another third world economy more and more of the real economy will depend on local production.  Our farmers market is booming.  I see black market and "under the table" deals for real goods and services occurring already.  All out of the eye of the taxman and in many cases it is not FRNs that are changing hands.

Crash the fucking system already, the sooner we do, the sooner compensation will return to people who are actually worth a shit.  Almost 30% of America's GDP is now coming from the financial sector.  Please remind me exactly what real value pushing all that paper around brings to the real economy?  Fuck the banksters and their two-party puppet politicians.

Fri, 07/01/2011 - 12:04 | 1419159 Rynak
Rynak's picture

In an ideal world, i'd consider farming in times like this a great idea. In the current world, with in the future potential panicking govs, i see the danger of the most necessary things, being price-fixed first - especially food. Of course, unless they outrightly seize property, that doesn't prevent oneself from feeding oneself, instead of selling. And well: If one has shelter and food in one's own control, then the complete existencial base is already safe.

Only issue i could think of, is equipment, fuel and stuff needed for farming. Then again, i'm not familiar with the rate of ressource consumption regarding farming. Maybe one could stockpile to cover - let's say 2 years?

Fri, 07/01/2011 - 11:51 | 1419077 Bobbyrib
Bobbyrib's picture

They probably count work hours as time they spend devoted to their small business. I have a small business owner in my family who wakes up around 4-5am to go to work sites to make sure things are getting done and if they aren't he will pick up the tools and start doing it himself.

It's funny that Law of Physics agrees with your post as a small business owner expanding his operations while you question how working more hours creates jobs.

I never said I agree with the race to bottom morons. I simply said most small business owners (successful ones) work their asses off and deserve to live a better lifestyle than a corporate drone like myself. I never advocated running up our deficit and national debt to destroy our currency. You seem to be rambling.

 

Fri, 07/01/2011 - 12:16 | 1419183 LawsofPhysics
LawsofPhysics's picture

He is rambling a bit Bobby.  Well I know when I work more hours, I do create more jobs, just wish I didn't have to work 24/7.  Case in point, I will be working Saturday and Sunday (in addition to normal operations) because I am running another irrigation line and installing another cistern for collecting runoff.  I am paying a local plumber cash and the excavator rental is being exchanged for some of our product.  I ran an excavator as a younger man, so I am the driver in this endeavor, but still someone will need to prepare and deliver the beast. The plumber said he wanted more work for some recent hires, so I took him up on the offer for such a tax-free deal. Either way it takes energy and real know-how to get things accomplished in the real world.  Pushing paper doesn't do shit.  I was fortunate to build my operation mostly debt free, so the interest I do pay on some property is very minor.  The bottom line is that some of the usury and interest payments I see some of my competitors paying is indeed "excessive" and not sustainable.  Energy is really the only big problem I worry about.  Running a 30,000 liter reactor requires a lot of energy and the power the bill I get from the power company is not getting smaller.  Damn thermodynamics.

Fri, 07/01/2011 - 12:27 | 1419203 Rynak
Rynak's picture

They probably count work hours as time they spend devoted to their small business. I have a small business owner in my family who wakes up around 4-5am to go to work sites to make sure things are getting done and if they aren't he will pick up the tools and start doing it himself.

Well, it can vary a lot, even for the same person, depending on current events. I.e., for me as a freelancer there are phases where i work 10 hours a day, 6 days per week, just to keep up with the amount of contracts... and there are phases, where i'm done with 12-16 hours per week. Then again, it's sometimes hard to estimate, because some of the business related work, that i can do at home, i do parallel to personal interests.

It's funny that Law of Physics agrees with your post as a small business owner expanding his operations while you question how working more hours creates jobs.

Depends on aspirations. I know a lot of small business owners who are satisfied with what they have, and basically just use it to selfsustain a middle class income for themselves and possibly family... and who prefer to spend the remaining free time on actually spending what they earn. I however also know small business owners who seek to rapidly expand - sometimes successfully, yet often with ugly growing pains that threaten their entire business. One issue in particular is, that they are hesistant to decentralize the management.... continueing to command everything with just one or two persons, and then blaming the employees for when this results in disaster. When a business owner works more than 7 hours per day, 5 days per week, chances are that he is overloaded.

I never said I agree with the race to bottom morons.

I'm sorry, this is a misunderstanding. This part of my post was not meant to target you, but instead was aimed generally towards people, who think that one can "win" a global race-to-the-bottom without in the process ruining the population and state finances.

Fri, 07/01/2011 - 11:05 | 1418888 LawsofPhysics
LawsofPhysics's picture

"get out and get a real job actually creating something called 'VALUE'."

First of all, I built a business from nothing and we do produce something of real value.  While doing this, my employees and I have paid taxes and other numerous fees and I will be damned if I won't get some return on that investment (such as a safety net or retirement).  Perhaps we should simply stop paying those taxes and fees?

You clearly missed the point, I suggest you read the comments above.  Almost 30% of the GDP in this country now comes from the "financial sector".  Remind me fucknut, just exactly what REAL VALUE (using your own words) does pushing that paper around add to the real economy?  Those fuckers sure extract a lot of wealth buying jets and private islands only to turn around and tell my employees that there is no real value left in the 401ks that were mismanaged (by the same fuckers buying private jets).  Many folks across this country are forced to pay into a 401k or some other plan, bullshit.

I say crash the fucking system (giant ponzi) already.  The sooner we do, the sooner compensation will return to those that are actually worth a shit. 

Fri, 07/01/2011 - 11:17 | 1418946 Bay of Pigs
Bay of Pigs's picture

Face it my friend, you can't talk sense to some of these types. They've bought into the MSM propaganda machine. They have no critical thinking skills.

The country is full people who have absolutely no idea what's going on.

 

Fri, 07/01/2011 - 11:44 | 1419045 sasebo
sasebo's picture

Please post again after you've been laid off. Just what we need - more arrogant assholes.

Fri, 07/01/2011 - 13:10 | 1419339 knowless
knowless's picture

I work temp labor for minimum wage because I can't get a welding job. there are no jobs asshole. I wake up at 4am for most of them, you are a cunt.

I don't take government benefits, I would rather be homeless, but the way shit is going I'm probably eventually going to get over my silly and inedible pride.

Fri, 07/01/2011 - 10:36 | 1418771 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Exactly!     --Tuco

Fri, 07/01/2011 - 10:34 | 1418764 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Don't get caught in the false right vs. left paradigm.  They are all bought and paid for by the international banksters and corptocracy.  That's why nothing changes regardless of whoever is in office.

 

Tuco Benedicto Pacifico Juan Maria Ramirez

Fri, 07/01/2011 - 09:34 | 1418458 Greeny
Greeny's picture

He just today said he never though about leaving and

will stay for as long as need it. Maybe it was just a rumor

that Geithner is leaving?

Silver continue tanking mean while, what's up with that?

Fri, 07/01/2011 - 09:42 | 1418479 Xibalba
Xibalba's picture

my silvers not going anywhere.....oh right...cuz it's in my safe. 

Fri, 07/01/2011 - 09:42 | 1418498 Greeny
Greeny's picture

Right, not going anywhere, like a House, but losing

value.

Fri, 07/01/2011 - 09:48 | 1418510 Xibalba
Xibalba's picture

losing value?  My coins are shrinking?  

Fri, 07/01/2011 - 09:51 | 1418552 SheepDog-One
SheepDog-One's picture

My silver and gold isnt losing any value at all, just checked them recently all still weigh 1 ounce.

Fri, 07/01/2011 - 09:51 | 1418553 LawsofPhysics
LawsofPhysics's picture

The only valid point "greeny" has is that all investments must be exited at some point.  I sold paper gold in November to purchase 40 more acres of land outside the city to expand business operations.  All things "paper" are going to zero (because it is gamed by financial fucknuts).  All things physical will increase in value until accountability returns to the system and the financial sector ends their little game of "mark to unicorn" accounting.  I run a business, I know what my margins look like.  The "paper" world says all is well, yet the costs on the front end (energy and materials especially) keep climbing.  Fuck the banks, fuck these academic economists and their make-believe models.  The real world is what it is and the laws of physics and nature are what they are, nothing improves until we prosecute the fraud and our economic and monetary policy reflect business in the real world.  Play with paper at your own peril and hedge accordingly (this is all one can really do anyway).

Fri, 07/01/2011 - 11:05 | 1418897 eurusdog
eurusdog's picture

If, "All things "paper" are going to zero (because it is gamed by financial fucknuts).", then when they do, you are by default locked into your physical holdings. That is a reason to buy land, silver and gold, not as as "investment" but as a permenant hedge against "paper". Even if my physical silver holding went to $3 an ounce at the time the paper goes kaput, I would be better positioned that the guy scrambling to get physical. Becasue at that very moment, my physical goes moon high.

Don't buy all your physical as an investment, buy some of it as permanent stores of value, what ever that value is.

Fri, 07/01/2011 - 11:31 | 1419014 LawsofPhysics
LawsofPhysics's picture

Yep,  my physical PMs and land are my hedge.  By the way, so are my employees to a certain extent - I invest in them as well through training and their attention to detail in production.  In addition many of them live nearby, they are my neighbors and we will depend on one another soon enough.

Fri, 07/01/2011 - 11:00 | 1418867 eurusdog
eurusdog's picture

Yeah I junked you because that was assinine! Gold and Silver as a store of value have few rivals.

Fri, 07/01/2011 - 12:05 | 1418994 Bay of Pigs
Bay of Pigs's picture

He was on a great roll until that comment.

Gold and silver are "on sale" again today courtesy of another Friday Smackdown. Shit, we used to get these almost every week. I pay no attention to this small corrections.

BlowHorn (CNBC) "Oil and gold getting hammered". Down 1%...

 

Fri, 07/01/2011 - 09:49 | 1418518 oldmanagain
oldmanagain's picture

Facts have little currency on ZH.

If Tim goes the world is saved according ZH.

Fri, 07/01/2011 - 10:22 | 1418723 tmosley
tmosley's picture

lol, you and greeny should go start your own Zero Hedge.  With blackjack, and hookers!

Fri, 07/01/2011 - 10:47 | 1418834 sun tzu
sun tzu's picture

Obviously Timmy is the only person in the world qualified to do the job. Without him, you and Obama would be lost in the wilderness. Thank your lord Bernanke for the greenshoots and recovery summer 2.0

Fri, 07/01/2011 - 11:08 | 1418894 Stuck on Zero
Stuck on Zero's picture

According to ZH if Timmy goes we'll get someone worse.  That goes for all government positions.

Fri, 07/01/2011 - 10:18 | 1418685 SheepDog-One
SheepDog-One's picture

When did Timmah tell you that Greeny, pillow talk after some rough play?

Fri, 07/01/2011 - 09:34 | 1418460 bill1102inf
bill1102inf's picture

Make sure you let your out of work friends know they can get food stamps, many people do not know that they qualify for them.

Fri, 07/01/2011 - 09:36 | 1418462 Cognitive Dissonance
Fri, 07/01/2011 - 09:39 | 1418465 101 years and c...
101 years and counting's picture

1 of these months, i will go to a wal mart supercenter or other local grocer at midnight on the 1st of the month.  i will take video of these people buying their monthly ration of food as soon as their SNAP debit card has been refilled.

 

Fri, 07/01/2011 - 09:41 | 1418473 Cognitive Dissonance
Cognitive Dissonance's picture

And then what? What is it that you think you will prove or show by displaying what is obvious? Your moral superiority or their moral inferiority? How lazy and slothful you think they are?

Just askin'

Fri, 07/01/2011 - 09:48 | 1418511 Monedas
Monedas's picture

When you shine a flashlight......the rats scurry !

Fri, 07/01/2011 - 10:10 | 1418630 MachoMan
MachoMan's picture

I actually planned to do the same thing, until I determined that the SNAP cards aren't all funded on the first of the month...  in my state, they're staggered over ~10 days (front loaded towards the first of the month).

The best thing to do is ask your check out lady when they get bombed by the SNAP hordes...  ask the feet on the ground, they'll let you know when to go watch the show.

And, for CD, I think confirming this fact is something important for everyone.  It's one thing to read an article on ZH about macro trends...  but, it's another thing altogether to see all these people for yourself.  It doesn't have anything to do with moral superiority...  in fact, I think actually being able to see them (instead of pretending they don't exist) will help generate support for fixing the problem (presuming it has solution).  The human condition forces us to make market timing decisions (fool's errand)...  seeing the hordes can also help with these decisions, locally...  consider it due diligence for your local investments (especially real estate).

Fri, 07/01/2011 - 10:17 | 1418702 Cognitive Dissonance
Cognitive Dissonance's picture

People see or don't see exactly what they wish. Posting a video of people lining up to redeem their SNAP ration won't change any minds that aren't open to change in the first place.

What it will do is feed those who need more fuel for their confirmation bias.

Fri, 07/01/2011 - 10:44 | 1418809 MachoMan
MachoMan's picture

Sorry, but everyone isn't crazy...  some people DO live in reality and NEED to have confirmation of information from third parties...  especially when that information is as important as this for many decisions, whether they be politically oriented or simple investment oriented.

Sure, it may confirm what you read...  it may deny what you read...  but I would think that someone taking the time to go through the effort of seeing this for him or herself (especially being late at night, often times through the week) shows a desire to know...  I realize we will go to great lengths for confirmation as well...  but still, I don't think it's reasonable to be dismissive of such efforts.

If you have seen it for yourself, then you can also direct others, who deny the propaganda and lies in our mainstream media, to view for themselves...  even show them...  not as easy to persuade people against their confirmation bias with graphs and charts, despite how easy they may be to read.

Fri, 07/01/2011 - 11:03 | 1418872 aheady
aheady's picture

If you lived in the real world, you'd have already seen instances of SNAP card use everywhere without having to pretend it's a "show". And you'd know that that cashier you condescended to ask about when to "watch" is getting assistance as well. Creep.

Fri, 07/01/2011 - 11:18 | 1418928 MachoMan
MachoMan's picture

Yep...  I see plenty of SNAP cards in the checkout line...  but, I want to see the issues that caused the replenishment of accounts to be staggered.  Don't forget that it was precisely the checkout workers and stores that sought relief from the onslaught... 

Why is it condescending to ask for this?  You make a leap in logic...  How do I get from, "I wish to observe this phenomenon that walmart's chief executive speaks of" to "I'm a condescending asshole?"  I would like to know if walmart's executives are full of shit...  I doubt it, but I'd like to verify their statements...  at least as to my locale....  as well as to guage the severity of the issue.

Sounds to me like you've got a chip on your shoulder...  I'll let you guess whwat I've surmised it might be.

I'm just supposed to not ask questions and be a good little citizen?  I'm not supposed to do my due diligence for the things that are observable in my little world?

If I watch the number of cars in the country club parking lot, is that condescending too? 

Fri, 07/01/2011 - 11:26 | 1418953 Cognitive Dissonance
Cognitive Dissonance's picture

Exactly what is it that you think you or anyone else will "see" by watching SNAP recipients que up to redeem their rations? Your sweeping generalizations and assumptions that those who are using SNAP are somehow not worthy of receiving it or are unjustly sucking the government teat is sickening and blatantly elitist.

You state earlier, in response to someone wanting to make a video of SNAP redemption, that you wished to do so as well shows that you aren't just looking for personal confirmation bias, but you wish to share it with other like minded people. Your explanation is disingenuous.

And no amount of justification you care to peddle about how it's all just to provide 'information is as important as this for many decisions, whether they be politically oriented or simple investment oriented' won't cover up the fact that you are an arrogant asshole.

Fri, 07/01/2011 - 11:38 | 1419016 MachoMan
MachoMan's picture

How do we go from, "I want to see these people" to "these people are not worthy of what they are getting"?  You're jumping the gun here... 

Offhand, obviously speculation at this juncture, but I think, depending on what is observed, someone who is completely in denial as to the current state of the economy and blindly follows the MSM would be unable to deny all the isles full of desperate people....  these people do not congregate elsewhere, all at once, as they do here...  it's one of the few observable situations...  sure, you can stand outside the welfare office...  or go to a soup kitchen...  but that will give you a different set of data and, often times, apply to a different demographic.

I have no idea whether any of these people deserve it or not...  certainly, the opportunity exists for virtually anyone to abuse the system...  and, I would venture to say many (if not most) do...  but I actually believe in a rudimentary social safety net, contrary to many of the anarcho capitalists/libertards on this board.  I strongly suspect my views differ on how this safety net should be administered, but generally speaking, I do believe it is a necessary evil of modern civilization (that being it is derived through the theft of others' labor), especially with structural unemployment.  Of course, the elite also desire the social safety net because it keeps them from breaking assets and keeps them pacified...  and, unfortunately, ends up spanning generations.  Not that I'm proclaiming to be an altruist either...

PS, I am definitely an asshole (apparently this is commonly confused with a lack of tact, rather than the conscious avoidance of it)...  probably arrogant at times...  (especially on the internet)...  but condescending in this particular situation (to those prospectively observed; other posters be damned) I am not.

Fri, 07/01/2011 - 12:26 | 1419234 Cognitive Dissonance
Cognitive Dissonance's picture

You're jumping the gun here...

Sorry but that dog don't hunt. I read and comment on ZH daily and have been for two years. My views and opinions are widely known and so are yours. A stroll down this comment thread to read your other comments as well as your long history of ZH comments tells me that you are being disingenuous and are trying to cover over and obscure your own fixed views about those you view as scamming the system and taking what they don't need.......in your opinion of course.

I don't disagree with everything you say MachoMan. You are clearly educated and a lawyer by your own admission. But you are relatively young and your views are quite fixed and remarkably narrow at times. And you often use your considerable intellect to distance yourself from your own harsh views and fixed opinions. Those are the skills of a politician or someone who is walking a rope and wishes to not only survive but thrive in the shark tank below.

May I suggest that you mix some compassion and empathy in with your other considerable talents. A well rounded and open minded man is much more attractive to the world at large.

Fri, 07/01/2011 - 12:58 | 1419357 MachoMan
MachoMan's picture

Ok, I got it...  so I'm telling you why I want to observe this...  and then you're telling me that's not really why I want to observe this...  got it...

Please explain to me what I am being disengenuous about...  are you confusing me with Trav?  I just wrote an entire paragraph admitting that I advocate for a rudimentary social safety net...  what else am I supposed to do?  I'm lying?

Further, if so, WHY?  Am I supposed to seek your approval or something?  Your join date being a few months before mine (lurking dates not being known) so I'm contradicting earlier posts to not anger your greatness?  Or is it that I'm so full of bullshit, I've lost track of my lies?  A paradox it seems.

In addition, how is it that viewing large numbers of SNAP recipients in a single setting on a single night will allow me to discern whether or not they are worthy of government aid?  Whether or not they are perfectly able bodied and minded to hold down a job?  Whether they have children or other dependents?  Whether they are there as a result of internal forces or unforeseeable external forces?  Your entire premise doesn't make sense.

Empathy isn't an academic exercise and doesn't exist in a vacuum...  you have to get away from the computer, quit looking at the graphs, and go hit the trenches.  Your proposed prohibition of my observation would act to prohibit the very feelings you suggest I develop...  clearly, this is inconsistent.

My suggestion is to quit protesting so much (thou doth) and encourage others to quit parading behind the computer and learn to make their own observations for themselves and see how those jive with the official reports and statements.  Again, you can will away statistics, but seeing things first hand is harder to deny (hence why we have SNAP cards instead of soup lines).

PS, I don't know dick about you and don't profess to...  but take a look at your second paragraph and tell me about condescending again.

PS2, the world at large doesn't want enlightenment...  it wants the matrix.  We're the people stupid enough to always try and ice skate uphill.  Probably something wrong in the wiring.

Fri, 07/01/2011 - 11:40 | 1419035 aheady
aheady's picture

Arrrgh. My response was much less eloquent. Thank you for finding the words, CD.

Fri, 07/01/2011 - 23:04 | 1420747 Agent 440
Agent 440's picture

Because what might be revealed might be at least as disturbing as the bodies smuggled in Andrews AFB? I'm sure you know best.

Fri, 07/01/2011 - 11:28 | 1418983 Nacho.Libre
Nacho.Libre's picture

I can share this with the ZH community.  I have a friend that is the director of a one of the grocery stores of a large regional chain.  I asked him recently about the the government assistance portion of his business.  He said that about 47 to 48% of his sales were government assistance (snap, wic, etc.).  The program stops, the grocery stores go out of business....

Fri, 07/01/2011 - 12:42 | 1419253 hedgeless_horseman
hedgeless_horseman's picture

The program stops, the grocery stores go out of business

FAILLACY ALERT!!!!

The program stops, the rim shops, cable companies, Nike Town, and comedy clubs go out of business.  Not the grocery stores.

Fri, 07/01/2011 - 13:03 | 1419381 MachoMan
MachoMan's picture

They may go out of business, it's just from getting ransacked and burned down (to spite the holdouts) or, alternatively, a hiccup in the JIT world...  who knows, maybe we would be incredibly polite without the government around, always helping where need be!

Fri, 07/01/2011 - 22:52 | 1420732 Agent 440
Agent 440's picture

there is a lot of truth to that, (the other places going out of business) I also suspect it would put  a big dent in Mexico's drug trade.  Funny how recession proof that's been.

Fri, 07/01/2011 - 09:40 | 1418468 RobotTrader
RobotTrader's picture

You don't need less than 10k to get food stamps.

I know tons of guys here in L.A. making six figures who are collecting food stamps by scamming the system.  They make up phony tax returns and apply for them pretending to be indigent.

It's one of the greatest free money bonanzas I've seen here in Los Angeles.

Fri, 07/01/2011 - 09:42 | 1418481 Cognitive Dissonance
Cognitive Dissonance's picture

Robo,

Stop talking about yourself. It's embarrassing.

Fri, 07/01/2011 - 09:50 | 1418522 Monedas
Monedas's picture

Peddle your Leftist guilt somewhere else ! Scam the system......bring it down !

Fri, 07/01/2011 - 09:54 | 1418559 Cognitive Dissonance
Cognitive Dissonance's picture

Help yourself. Go ahead. No one is stopping you. You go first and then post the result here on ZH.

I love big talkers who suddenly disappear when called upon to actually back up their words with feet on the ground and a strong backbone. I've had plenty of experience with them during my long and glorious "Leftist guilt" career.

People come to me with big talk about the systemic injustice and how those bastards should be thrown out. But when it comes time to do something about it suddenly they have a birthday party to go to or a forgotten prior obligation to attend to.

Beat off Monedas or show us you have some bite where your junk yard dog bark is.

Fri, 07/01/2011 - 10:19 | 1418709 Monedas
Monedas's picture

I'll save the taxpayers the trouble and expense.......I'll just go turn myself in !

Fri, 07/01/2011 - 10:42 | 1418801 Cognitive Dissonance
Cognitive Dissonance's picture

Nice non-reply reply.

Just goes to show you're all bark and no bite.

Fri, 07/01/2011 - 10:24 | 1418731 DaveyJones
DaveyJones's picture

why not just stand up to the system. Actually either direction "works" but one is consistent on principle. You can pull money out (and shut it down) by scamming or you can pull money out (and shut it down) by not playing. 

Fri, 07/01/2011 - 12:19 | 1419213 pods
pods's picture

I have actually started doing this.  I have gotten rid of all my credit cards (not defaulted) and now have no credit to my name.  I also make it a point to pay for most items in cash, so as to screw the processors who are screwing the small guy. I do carry a check card, mainly for gas at inconvenient times.  

It is very frightening to be honest trying to live like this, especially with a family.  To fund every emergency out of savings.  It has also freed me of most wants, which is a true blessing.  

On the food stamp issue, sure there are scammers. But there are also alot of good folks who have not had the foresight that many here have.  Lives completely turned upside down with little warning.  The shame involved in accepting this aid is high in many people.  

Why has it come to this?  Because we need to keep the debt flowing to avoid collapse.  And in the process, the first at the credit trough get mighty fat while adding noting to society.

And even here we quickly get caught up in the blame game while and "I've (still) got mine" attitudes.

This system is rotten.  Corrupt.  To really get ahead in this system you have to brush aside morals and go along to get along.  Why is this strived for and applauded?

I say the sooner this whole thing comes down the better for everyone.

pods 

Fri, 07/01/2011 - 12:45 | 1419285 DaveyJones
DaveyJones's picture

good man

Fri, 07/01/2011 - 10:40 | 1418792 pazmaker
pazmaker's picture

Now CD  you just lectured somebody on moral superiority/inferiority and yet you display the same behavior here with your comment to Robo. 

I'm no defender of Robo I think he is full of shit, but that's his perogative.

Fri, 07/01/2011 - 10:50 | 1418848 Cognitive Dissonance
Cognitive Dissonance's picture

I don't feel that I lectured anyone on superiority/inferiority. I asked them what was the purpose of showing people spending their SNAP ration if it wasn't to show their superiority/inferiority. I received several answers telling me otherwise, answers I see as disingenuous.

With Robo, who I usually hold my tongue with because he is so obviously an ass, I poked a stick in his eye......just like you did now. At times I make an ass of myself here on ZH. Someone pointing this out to me is normal and expected and not a show of their superiority.

Fri, 07/01/2011 - 10:54 | 1418858 pazmaker
pazmaker's picture

fair enough... peace.

Fri, 07/01/2011 - 09:40 | 1418490 Greeny
Greeny's picture

Not a good Idea to cheat .GOV. Got to be complete moron,

by risking 10 years behind bars in exchange for

few sticks of bread and gallon of milk. :)))

Fri, 07/01/2011 - 09:52 | 1418535 Monedas
Monedas's picture

The prisons are full of food stamp cheats ! Hahahahahaha ! Cheaper to give 'em food stamps than to lock 'em up ! Much cheaper !

Fri, 07/01/2011 - 10:27 | 1418738 DaveyJones
DaveyJones's picture

true. It can cost about 50k a head. They also know that unless they feed them, some of them will end up there through other means

Fri, 07/01/2011 - 16:52 | 1420166 the tower
the tower's picture

US prisons are privatized, and locking people up MAKES money.

Fri, 07/01/2011 - 09:45 | 1418493 Internet Tough Guy
Internet Tough Guy's picture

Sure, momo. All the LA welfare queens/investment bankers are rolling down to the welfare office in Bentleys to get their government cheese. Then it's off to the club for Cristal and Ritz Crackers on Uncle Sugar. LOL.

 

 

Fri, 07/01/2011 - 09:47 | 1418526 SheepDog-One
SheepDog-One's picture

Robos the greatest clown in history, making up some dumb story about how he knows all these rich people pulling off elaborate scams in order to get $110 food stamp. What a moron.

Fri, 07/01/2011 - 09:46 | 1418497 mayhem_korner
mayhem_korner's picture

Is one of the scammers Frank McCourt? :D

P.S.  I went all day yesterday - some 23 posts, I believe - without a junk!  Woo hoo. 

Fri, 07/01/2011 - 09:55 | 1418577 MsCreant
MsCreant's picture

Come on folks, help mayhem out, he needs some junk in his trunk, he can't feel your love.

Fri, 07/01/2011 - 12:21 | 1419217 pods
pods's picture

Done!

pods

Fri, 07/01/2011 - 10:37 | 1418793 the not so migh...
the not so mighty maximiza's picture

I just had too; could not help myself.

Fri, 07/01/2011 - 11:56 | 1419125 Absinthe Minded
Absinthe Minded's picture

With all the ass clowns we have here now a Junk is like a battle scar. Kind of a volatility index.

Fri, 07/01/2011 - 12:42 | 1419270 mayhem_korner
mayhem_korner's picture

Thanks all.  Feel like myself again...

Speaking of junk, I just got a hundred-bag of 90% Ag Roosevelts.  Gotta run and shine 'em up!

:D

Fri, 07/01/2011 - 12:47 | 1419288 pods
pods's picture

Junk silver is my favorite.  I used to listen for my dad's coin counter (vending) for the ping of a silver coin.  I would shut it down when I would hear it and dig until I found it.

Real money.

pods

 

Fri, 07/01/2011 - 09:44 | 1418516 SheepDog-One
SheepDog-One's picture

'Make up phony tax returns and get on food stamps'....for a lousy $110 a month 'FREE MONEY BONANZA'? Youre so full of shit Robo.

Fri, 07/01/2011 - 09:55 | 1418550 Monedas
Monedas's picture

How touching is your faith in the welfare system ! Leap of faith !

Fri, 07/01/2011 - 12:28 | 1419228 pods
pods's picture

I agree.  Total bunk. Think about the time required to pull off that scam?

Certainly not worth the time of someone "pulling in six figures".

As well as opening themselves up for multiple felonies.

pods

 

Fri, 07/01/2011 - 09:56 | 1418580 John Law Lives
John Law Lives's picture

Why don't you demonstrate some scruples and report their criminal actions?

Fri, 07/01/2011 - 10:51 | 1418853 sun tzu
sun tzu's picture

Everyone should scam the system. The more we take and less we pay, the sooner it collapses. After all, we're all victims of The Man. Kill the parasitic state.

Fri, 07/01/2011 - 22:53 | 1420739 Agent 440
Agent 440's picture

Well it's good to know enterprise isn't totally dead.

Fri, 07/01/2011 - 09:41 | 1418472 Jack Mehoff
Jack Mehoff's picture

Good thing Morgan processes them. 

Fri, 07/01/2011 - 09:48 | 1418531 buzzsaw99
buzzsaw99's picture

thank you, the real welfare queens.

Fri, 07/01/2011 - 09:43 | 1418485 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

MRO?

Fri, 07/01/2011 - 09:41 | 1418494 RobotTrader
RobotTrader's picture

Company split into two separate entities.

Fri, 07/01/2011 - 09:43 | 1418487 mayhem_korner
mayhem_korner's picture

Important question: how many recipients are registered voters?

Fri, 07/01/2011 - 09:48 | 1418512 Silver Dreamer
Silver Dreamer's picture

It's probably like a driver's license, and they register you to vote while getting it.  The government is good at lease one thing: processing the farm animals.

Fri, 07/01/2011 - 09:53 | 1418565 Monedas
Monedas's picture

More important question: How many are illegal and participate in multiple food stamp and voter registration scams ! In California, election workers are prohibited from asking for ID ! If the name you give is on the registration list......you vote !

Fri, 07/01/2011 - 09:56 | 1418581 Silver Dreamer
Silver Dreamer's picture

How dare you?! It's their RIGHT to receive "free" food.  What, are you some kind of monster?  Do you want their children to starve???

/sarcasm off

Fri, 07/01/2011 - 10:27 | 1418744 Monedas
Monedas's picture

I want Barney Frank to get Supplemental Sex Drawing Rights debit card ! Entitles bearer to casual sex in public restrooms with Federal Sex Corps employees !

Fri, 07/01/2011 - 11:01 | 1418868 sun tzu
sun tzu's picture

The government should set up a system where they automoatically enroll people for welfare when they renew their dirvers license. They should also have welfare applications at the post office to make it easier to enroll. Free food, housing and healthcare for everyone. It's a buffett world.

Fri, 07/01/2011 - 09:42 | 1418496 firstdivision
firstdivision's picture

Well at least the first and second derivative improved.....

Fri, 07/01/2011 - 09:51 | 1418499 Mercury
Mercury's picture

Stealth entitlement...most of the recent surge in participation anyway...

I'd like to see the average body mass index for all SNAP recipients.

Fri, 07/01/2011 - 11:51 | 1419100 Absinthe Minded
Absinthe Minded's picture

"I'd like to see the average body mass index for all SNAP recipients"

That could lead to means testing for SNAP, brilliant!

Fri, 07/01/2011 - 16:58 | 1420194 the tower
the tower's picture

Their BMI is probably high as cheap food is made of fat and sugar and is low in nutrients, this is why so many poor people are fat. Poverty makes people fat. 

Fri, 07/01/2011 - 09:43 | 1418502 Internet Tough Guy
Internet Tough Guy's picture

Those damn poor people, getting free Cheez-wiz for their GI saltines. And I gotta buy my Cheez-wiz! We should cut them off. I can't stand the thought of someone getting something I don't get.

Fri, 07/01/2011 - 09:50 | 1418544 Mercury
Mercury's picture

Just wait until SNAP expands to cover non-food items...

Fri, 07/01/2011 - 09:57 | 1418560 Internet Tough Guy
Internet Tough Guy's picture

If they get free wet wipes I'm going to quit my job so I can get them too.

Fri, 07/01/2011 - 09:59 | 1418576 Monedas
Monedas's picture

The scammers buy prime beef, imported cheese and sea food ! Where you been ?

Fri, 07/01/2011 - 10:05 | 1418607 Internet Tough Guy
Internet Tough Guy's picture

I knew poverty was a scam! And here I am making more money like a sucker...

Fri, 07/01/2011 - 11:53 | 1419090 Absinthe Minded
Absinthe Minded's picture

I had a coworker bragging about how he bought lobsters for dinner on his food stamps. Two days later he was asking HR if he could get his paycheck early because his daughter needed diapers. I told the fucker to dress her in lobster shells.

Fri, 07/01/2011 - 09:47 | 1418503 SheepDog-One
SheepDog-One's picture

Wow, right back into the political demican/republicrat pens. I thought most ZH types were well beyond that puppet show for the bozo's.

Disheartening.

Fri, 07/01/2011 - 09:44 | 1418507 Arius
Arius's picture

mission accomplished!

Fri, 07/01/2011 - 09:57 | 1418564 Franken_Stein
Franken_Stein's picture

 

What's still missing is to have an RFID chip implanted into all the 44.7 million people and of course to somehow give them the food via food stamps (you get the picture of the recurring abstract concept behind bottleneck structures aka monopolies ?) that contains chemicals that lead to infertility.

 

Since the NWO is rich and powerful,  but small in number, they somehow have to come up with a plan to slaughter the sheeple without unnecessarily upsetting and disturbing them when on their way to the slaughterhouse.

 

Chemical castration, yeah you got that right.

 

That is the idea of the NWO types, that's what's being discussed at the Bilderberg meetings.

 

Fri, 07/01/2011 - 11:50 | 1419073 Absinthe Minded
Absinthe Minded's picture

If Los Alamos goes up in flames they will surely wipe out quite a few.

Fri, 07/01/2011 - 09:49 | 1418520 eurusdog
eurusdog's picture

I don't trade equities, but watch them for fun. This week has been busy and I didn't really pay attention to the indexes. I actually felt sick to my stomach when I looked at the DJIA a few minutes ago. Over 450 points in 4 days on nothing but news that Greece is raped, housing negative growth might be smaller than expected and that Timmy may be leaving. Only one of those deserved the attention. I'll leave it up to you to decide.

http://finance.yahoo.com/echarts?s=^DJI+Interactive#chart1:symbol=^dji;range=5d;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=off;source=undefined

Fri, 07/01/2011 - 09:48 | 1418530 Silver Dreamer
Silver Dreamer's picture

All federal government welfare needs to end.  Period.  As a veteran, I would even include VA benefits.  It is ALL theft!  If SNAP ended, communities and churches would fill the void.

Fri, 07/01/2011 - 09:58 | 1418569 bill1102inf
bill1102inf's picture

Lets end it ALL then, Because its ALL entitlement spending.  Social Security, VA Disability, Welfare, SNAP, Cash Assistance, etc.  End it all right?  When the zombies figure out you have been hoarding silver, they will eat you.  Muahahahaha.

Fri, 07/01/2011 - 09:58 | 1418587 Monedas
Monedas's picture

No SNAP card necessary for procurement of human flesh !

Fri, 07/01/2011 - 10:02 | 1418594 Silver Dreamer
Silver Dreamer's picture

Yes, exactly!  End it all.  If the zombies come to my home, they will be eating alright.  I will provide them with an open buffet of lead, copper, and steel.

Fri, 07/01/2011 - 10:21 | 1418720 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Social Security is "NOT" an entitlement.  An entitlement is something for nothing.  That ain't nothing that social security is stealing from my paycheck every pay period!

 

Tuco Benedicto Pacifico Juan Maria Ramirez

Fri, 07/01/2011 - 10:44 | 1418820 pazmaker
pazmaker's picture

agree Tuco!!!.....  Give me all the money I've paid into SSI and I promise I will not ask to collect or draw one penny from the government.

Fri, 07/01/2011 - 12:18 | 1419210 HungrySeagull
HungrySeagull's picture

Forget it.

There is adequate firepower on hand to hold them off for a while, just aim for the nose.

Fri, 07/01/2011 - 10:19 | 1418689 MachoMan
MachoMan's picture

You're fucking crazy if you think churches would fill the void...  look at it this way, when you're forced to make a decision between tithing and eating, what will you choose?  Churches are often times (the vast majority?) simple businesses...  while superficially being not for profit, the principal actors often profit immensely via salaries and other benefits...  and whatever residual might remain is burned via expansionary prowess and marketing...

Many of the local churces are in debt up to their eyeballs...  foreclosed on one not too long ago...  with the coffers running dry and no patrons to donate, things aren't looking good.

Maybe community gardens would fill your desires... 

Fri, 07/01/2011 - 10:42 | 1418816 pazmaker
pazmaker's picture

and to add to that MachoMan - Most churches that are mission minded think that they have to support mission in Africa, Asia, South America and they forget about their own community.

Fri, 07/01/2011 - 11:17 | 1418920 aheady
aheady's picture

They've already molested all the children in their own communites... they have to branch out.

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