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Things That Make You Go Hmmm - Like Endless Revionist History
There is a kind of rubbernecking excitement that one experiences when we hear a person in position of power, control or money, utter something that is such a blatant lie that we wonder how anyone could believe listeners are so stupid to even remotely believe what is being said. The excitement is only magnified when we go back in time and re-listen the spoken lies, with the realization that they have already proven false. Perhaps nowehere in history is this kind of active revisionist history more appropriate then when listening to central bankers, who have been wrong on more occassions than anyone else in a professional occupation, and still retained their jobs. For everyone who enjoys being amused at the expense of others' stupidity, the latest note from Grant Williams will be full of delightful reminiscences. And while ridiculing idiots and institutional stupidity is easy, there is always a lesson to be learned from someone else's humiliation. Or not. Perhaps sometimes it is best just to jeer at the morons who are in charge of this wholo ponzi house of cards. As Williams says: "The trick is to try and figure out which words of encouragement being offered today by those doing the talking will be remembered for all the wrong reasons when viewed in the rear-view mirror of history. Fortunately, we have a collection of people at the helms of Central Banks, governments, political unions and international organizations who make this job fairly simple as most of what they all say will probably end up haunting them for the rest of their lives. All one has to do to steer through the turbulent waters is work out which comments from public officials are virtually guaranteed to be laughably off the mark, or which smack of far too much invested optimism, discount them in favour of logic and move forward."
Grant Williams' - Things That Make You Go Hmmmm (pdf)
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Finally, some red meat.
+1 Some of this threads best work to date.
And here I thought Michele Bachmann had cornered the market on revisionist history. Nice to know there is always plenty to go around.
Former Vice-Chairman (no, not the Chairman of Vice) of the Federal Reserve Alan Blinder said "the last duty of a Central Banker is to tell the truth".
Thats an insteresting statement considering that the oath Central Bankers take on accepting the office probably implies something about truth, honor, duty, and other such Falstaffian intangibles.
Watched a little bit of the republican speaches in New Orleans today. Bachmann, (who I think will be on the ticket, either as #1 or #2) Said:
"All of us republicans have only one goal. Make Barack Obama a 1 term president" Standing ovation.
Really? we are at the edge of the Abyss, and you are going to base your platform on taking away the presidendency from the opposing party?
She later goes onto to talk about her tea party values, repealing obama care and sums up "I am a IRS lawyer, mother of 5 .... congress person"
Does she understand what the orginal Tea Party was about? Maybe I don't, because they gave her a standing ovation. And as usual, the speakers made tongue in cheek jokes about Ron Paul being crazy.
At this point the only thing to worry about is stocking up on the three B's.
Beans, Bullets, and Bullion.
Tyler, its all about honesty & trust. When the con artist are running the show, it all collapses around them. Those who followed 2008 will not help the boy who called wolf.
I won't drop names, but they know who they are. Sadly, these scumbags thought they would be documented in history. They in fact; will be noted in the historical records, not in the fashion they expected.
By all means, please give names. This is not a PC blog. Enlightening others is.
There's underlying wisdom in not 'dropping names'. Doing so typically devolves into devisive bickering and foolish defensiveness. The names change, the game remains the same. All one needs to know..
"Those who followed 2008 will not help the boy who called wolf."
Unless, like Hank Paulson, shepherd boy stumbles into the halls of Congress with a flop sweat wearing an explosive vest and gripping a dead-man switch. Then it's game on.
Things that make you go hmmmmmm -
“Precarious struggle” at another plutonium reactor in Japan: 6,000+ lb. device crashed into inner vessel, likely stuck — Removing it “fraught with dangers”
http://enenews.com/precarious-struggle-another-plutonium-reactor-japan-6000-lb-device-crashed-inner-vessel-stuck-removing-fraught-dangers
Half a dozen "experts" who said that the GE reactor vessels were designed to be "indestructable".
and "experts" claimed the Titanic was unsinkable.
and just like the last time there will not be enough lifeboats for all of America when Captain Ben S Bernanke sinks the U.S.S Titanic
there will be enough of them for all the boyz however.
I'll be gone.
http://www.youtube.com/watch?v=RgZkX1hngAQ
Try this:
http://aadivaahan.wordpress.com/2011/06/17/nuclear-american-cross-other-thoughts/
ORI
you be a true christian...crosses everywhere...the celestial crucifix around the 33rd...
Have a good weekend Rusty. YEN.
AAAAAAAAAAAAAH!!
that sounds like a deep fall...see you in Patagonia!
The nuclear issue is contained. We don't find the nuclear issue to affect growth. We believe children are safe to take field trips to reactor #3. Everyone should continue drinking the tea leaves, especially pregnant women.
--Benji Bernakashori
and the safe level of radiation exposure is wildly increased in the event of a nuclear accident.
"There has been a great deal of misplaced commentary about how the presence of some $1.6 trillion in commercial banking deposits with the Fed has somehow meantthat its QE programmes were NOT increasing they money supply (they have been, by 30% since the panic first broke out) but were merely execing some kind of wholly neutral ‘asset swap’ (yes, but the point is the Fed has been swapping bonds for MONEY!"
Keynsian heretic! In other words, a man who knows what he's talking about!
too bad the tbtf crapped in their mess kit. they can't sell junk bonds because the word is out so even though the fed took away all their crappy assets and hand feeds them profits that still leaves the fixed income unit to wither on the vine.
Guillotines, already, for cryin out loud.
Great stuff, thanks!!
I particularly liked Feldstein's quote, which has the clarity in it to repeat to successive generations of offspring when they ask how the Great Great Depression started.
The pithy Argentinian central banker succinctly says it all in few words, in great contrast to his pompous Eurotoad effetes who won't shut up and just get on with it.
Mario Blejer, Argeninian Central Banker --- "There is no solution without debt relief, which means, without euphemisms, default.”
Default euphemisms, Bitchez!
Video has created a problem for liars - too easy to prove that they are two faced assholes. NWO - don't fear it if you can design it.
Video killed the radio star
The timeline of History of Modern Music failed to mention a key event:
12:01AM, August 1st, 1981: First music video shown on MTV in the US: Video Killed The Radio Star by The Bugles. Started a whole new era
I remember Paul McCarney going on Johnnie Carson to demonstrate his music "movie" shortly before. Was at a friends house that "had cable" (pirated from the line his neighbor had) for a big party to watch a new channel begin. I had no clue what it was about but there was free beer.
So, yes, I saw the first MTV video as it started in Orlando, Florida. About three minutes later was wondering what the big deal was...and still do.
The Hmmmm is starting to turn into a Scream.
http://www.lilithgallery.com/arthistory/postimpressionism/images/EdvardM...
more ...
A Quick Guide To Who Gets Crushed If Greece Defaults
Gregory White|Jun. 15, 2011, 10:03 AM
http://www.businessinsider.com/greece-default-contagion-2011-6#
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and more..
Tom Waits - The World Keeps Turning.
http://www.youtube.com/watch?v=aMcTx_wigZ8
Once upon a time Joe the Plumber always backed the conservative side of politics ie TPTB. Not anymore. The thin tissue of lies has gotten too tenuous. All over average people are turning disaffected and disbelieving
Past, present & future...in the future, I will laugh at the absolute fools who placed this man in a position of responsibility...its not so funny right now.
“I have to say that I am very troubled with some of the- I wanted to use a word I shouldn’t use- these people in the House, these tea party folks who say … we’re not willing to raise the debt under any condition,” he said. “But I think cooler heads will prevail.” Harry Reid June 17 2011
You just can't make this stuff up. How the NRA fell for his crap is beyond me.
More classic, original material from a 'cooler head': "they'll find out what's in the bill after it's passed." Simply, endearing..
Here's one: When TARP was implemented, gold shot up, until tarp stopped, then went sideways until QE1. Hmmm.
No trace of the tarp money.
Sheer poetry regarding the truth of our current situation...across the entire globe. A very good reason to do the exact opposite of what every single criminal syndicate Wall Street banker is now telling you to do...regarding "historically cheap valuations" and "buying opportunities" and the conventional wisdom now being discussed per the put/call ratio.
+1. Keep it real Cdad!
Hey...not picking on anyone...but "revionist"...?
No spell check...???
off with his head!! CHARGEEEEEEEE!!
j/k
Tyler is drunk on this cucumber vodka! LOL that keeps popping up in my google window ads!
I keep getting that one too, what are they tryong to say about us? I'm more of a gin guy, vodka makes me sad.
The "Green Monster" RULES!
The Powers That Be have control of the Tea Party, The Republican Party and the Democrat Party. About the only political peronage they don't seem to own is Ron Paul. Thus you see media present and represent Ron Paul as slightly crazy and not to be listened to.
He's not to be listened to because he's always right. When he tells you something is going to happen, put money on it.
Ron Paul stood and delivered today in New Orleans. Gave his consistantly solid message, without the pavlovian party bell ringing.
Next speaker.
"Ron, when I first started seeing you at these things. I thought you were crazy, I have to admit I am becomming just a little bit crazy"
The audience gives the chuckle dinner party participants do after arguing about the check, when somebody says "I'll get the tip and tax, and put it on my card" Everybody knows that bastard is going to give the bare minimum and write it off. And they would do the same, but they didn't have to this time.
Absolute and total capture. The next generations have no other training to base thier thought processes on.
Sorry, but I gotta call a little bullshit on that...but cudos for the Ron Paul.
The very first Tea Party protests were inspired by the bank bailouts and Porkulus spending, I was there. The TP targets RINOs owned by TPTB, supporting guys like Sen. Rand Paul, instead. They have now also targeted Orrin Hatch this time around who voted for TARP, among other things.
The democrats were totally taken over by the Socialist Democrats of America (70 members of the House are card carrying members) who work hand in glove with TPTB. Fiat currency is the ultimate weapon for redistribution through deficit spending and debasing USD to confiscate everybody's savings. It's always been thus.
What is going on with TPTB is not capitalism. It's in-your-face cronyism, very close to fascism, except Obamao is no El Duce' calling the shots. He just digs being the joyful arm-twister, tightening the grip.
Very good, I cannot disagree with anything you wrote. I was at the KY Tea Parties, they were attended by regular people, the few organized people there were Libertarians and C4L people. Some few local politicos showed up but were not warmly received. The same people got behind Rand Paul and fought the Republican Party first, and the Democrat Party second to get him elected. TPTB did not get us together, did not finance us, and for sure do not control us. I spoke to Rand Paul in Etown at a private fundraiser, I said I only ask one thing - no more wars without declaring war by Congress. He is doing everything he can to fight that fight. That is all I can ask of my Senator. Now the rest of you need to elect Senators who will fight the same fight. Then we will have a chance.
Our congressman, whom I contacted about the unPatriotic act, cited the two Iraqis the FBI arrested in Bowling Green as a reason we needed to suspend constitutional protections. Seems to me that the FBI cleared those two Iraqis to enter the US, even though they had the fingerprints of one on a road side bomb, and the FBI provided the fake munitions they were supposedly sending to Iraqi. If the FBI didn't allow the two to come to the USA, there would never have been a problem in the first place. In fact, why wasn't the guy with the fingerprint on the bomb fragment not tried and jailed in Iraq as soon as he applied for a visa? I think the answer is obvious, the FBI needs terrorists to guard against, so they are importing them. That way they are easier to catch. The moral of the story? I will be actively working against this congressman in the primary. If he thinks we don't need liberty, then I think we don't need him.
Spot on. If current laws and common sense were used against radical islam, instead of coddling them as a protected minority, we wouldn't need the patriot act.
We don't see moderate islamists condemning the terrorists so they either don't exist or they have been silenced as well. "Sharia is a totalitarian political system masquarading as a religion" -- M.E. analyst
I see where you're going with this and it is the one place the Tea Party has gone wrong and is how it got hooked by TPTB. Most TPs I talk to want to wipe the earth of all muslims, a slippery and unethical slope and merely justification for global interventionism and deficit spending. The Totalitarianism of Islam virtually guarantees they will collapse themselves. Those kind of regimes, no matter the flavor, always will.
I like the idea of seriously enforcing our borders and keeping our noses out of other peoples business by bringing the bulk of our troops home. Exist within our means with small government, let business run with .gov meddling and make economic allies (the only real ally).
A true Constitutional government and lifestyle is, in fact, a leap of faith. There are no gaurantees that anyone won't fail and no guarantees that we can control the rest of the world. But somehow that 'shining beacon' does some pretty good things..
++ Gwar.
Drudge: Merkel caves, Greek bailout on
The Germans will be dragged over the cliff with the other Piigs. If one goes over, they all go over.
It was pre-determined that Greece would get a bailout. What's being negotiated is for what price. The protestors don't want to give up their piece of the pie if the bankers don't make a sacrifice. So others like Germany will have to cave to lesser demands. Of course, that will come back to haunt when Spain, Portugal and Italy come to feed at the trough
They will all go over the cliff tied to one another.
Yep, just buying more time to find a parachute.
...buying more time to chew off an arm
Drudge: Merkel caves, Greek bailout on
Between 2007 and 2011 we've witnessed the total transformation from 'free market fundamentalism' to what amounts to a fully integrated national hedge fund run by the Fed. RIP Mr market.
If the best these ass-clowns can do is infer that Ron Paul is like your crazy uncle - he is probably the absolutely best choice. I remember when they were making fun of H. Ross Perot - who's laughing now?
Ron Paul would be just like H. Ross Perot, an uncontrollable President without puppet strings attached. He would end up assassinated just like JFK.
Is there any hope in the future when the central bank has been given this much power by Congress? As The Independent Review states:
“The Federal Reserve emerged from the financial crisis of 2007-2009 with new powers to allocate credit to specific firms, including non-bank institutions… Its consequences are monumental: it means the nation’s central bank has become in effect the U.S. economy’s central planner.”
Rep. Ron Paul, who believes America needs to return to the principles embedded the United States Constitution, is working hard to audit the Fed, which, he believes, “will serve as an important first step toward finally ending the Fed once and for all.”
I'm sure you caught that 126B debt. of agriculture deal. QE- Green?
Nike Air Max brought out innovative mingling Hyperfuse technology-Nike Air Max 1 sneakers. Revolutionary know-how may be pertaining to Nike, it under no circumstances ceased, plus it has the innovative R & D technological know-how can be had been employed together with basic sneakers, after which it break open out from the innovative features. This particular part that will air max 2010 womens since the prototype, that has a breathable light Hyperfuse technological know-how, bursting the last Air Max 1 sneakers fat sense.
Some history needs revising
http://www.ihr.org/
So True!
revisionist history and a grim future. beans, bullets, and bullion won't clean up fukushima.
http://www.alternet.org/story/151328/full_meltdown%3A_fukushima_called_t...
The Misery Index is at 28-year highs:
http://www.cnbc.com/id/43441924
Great job, Chairsatan!
Wait just one minute...
www.federalreserve.gov
Sausseure: Once language is deployed, it is intractable. That said, certain people know the power of hypocracy. It creates an object that you simply can't take away.
Accusing the right of hypocracy is like accusing cars of needing gas. It's not wrong: it's what's for dinner.
@"That’s especially true because debt created at points of rapid credit growth is o?en of fairly low-quality, as we saw in the a?ermath of the housing bubble. Lehman and Bear Stearns ran leverage ra?os near 30, with disastrous results. Fannie and Freddie’s lever
-
age mul?ples were even higher, at about 40. You might recall that Long-Term Capital Manage
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ment also ran at a leverage mul?ple of about 40-to-1 before it imploded. It’s probably worthno?ng that according to the Fed’s consolidated balance sheet as of June 8, Ben Bernanke has now taken the Federal Reserve’s leverage ra?o to 53.4. Fortunately or unfortunately, U.S. tax
-
payers would automa?cally end up subsidizing any Fed losses, so unlike commercial banks,the Fed could actually go insolvent without major consequences.
OOO?
JOHN HUSSMAN
/ LINK"
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comment: say what?
so, as you may suspect. the fed will/has transferred
the loss / risk to the us taxpayer of mal-investment /insider stealing with insurance
risk associated with high yield greek junk bonds rather
than let the vigilantes have their heads handed to them. what a country. ben, next chancellor of
germany. it is written.
.
"What a Country!" TV Spot from WPIX-11
" i have plastic monkey on my back!"
http://www.youtube.com/watch?v=TcwQOKLCvZc
.
Merkel caves on Greece, Gross on QE3, rating agencies fraud?
Posted on June 18, 2011 by maxkeiser
http://maxkeiser.com/2011/06/18/merkel-caves-on-greece-gross-on-qe3-rati...
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ps. ben does not work for the u.s., he works on the u.s., to transfer its/our wealth to europe and etc...
end the fed. and its notes.
treasury notes bitches.
fraud!
Covering Delta Interviews Dr. Kiriakos Tobras
Posted on June 18, 2011 by stacyherbert| 17 Comments
Stacy Summary:From Covering Delta, a blog doing some amazing coverage of the crisis in Greece. Here he talks to Dr. Kiriakos Tobras, an economist who is suing several derivatives traders and individuals from the government for their roles in financial fraud.
http://maxkeiser.com/2011/06/18/covering-delta-interviews-dr-kiriakos-to...
Beck is nuts. Don't know why Rogers talks to him and gets baited on Israel. What does this small country have to do with all this except for the little concept of the tail waging the dog.