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US Ends June With $13.2 Trillion In Debt, Adds $210 Billion In Total Debt, On Track To Breach Debt Ceiling In Under Six Months
In case one is wondering why the House Democrats attached a document to the emergency war supplemental bill that "deemed as passed" a non-existent $1.12 trillion budget, which basically allows the ruling party to start spending money for Fiscal Year 2011 without the constraint of an actual budget, here is the answer: on June 30, the US closed the books with just over $13.2 trillion in total debt, an increase of $210 billion in one month, or $2.5 trillion annualized. There is just $1.1 trillion left on the ceiling. As we have long been warning, at the current run rate, the ceiling will be breached in under six months, or just around November 2. More disconcerting is that the monthly debt roll continues to be in the "ridiculous amount" category, hitting a total of $660 billion, of which $583 billion was rolling off Bills (we are not sure what the $19 billion im "GSE investment" was for, but we are fairly sure the words Ponzi and Perpetuation are part of it). Of course, if America knew that according to the Obama non-existent budget the debt ceiling would be breached in 2010, it may not have a favorable reception among those few who are still willing to vote for either party of the bipartite farce that passes for a government.
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Gee.. with all these taxpayer-funded ramp ups, one wonders if they can even make it to two months before hitting the debt ceiling..
I'm waiting for the Muni and Pension bailout, that's when the real fireworks start.
As for the roll rate, who's holding what and what is the average maturity?
From the NyTimes:
Britain Is Puzzled by Its Inflation Problem in a Downturn
LONDON — Bank of England policy makers are puzzled by persistently rising prices in Britain — even during the deepest recession since World War II.@Gloomy - You appear new around here, so perhaps I can provide you with some basic operating parameters.
First & foremost, the power-elite are far from surprised. In fact, some suggest/believe that the events we are currently experiencing have been in the planning stages for generations and are now being finally executed.
Being "puzzled" is just part of the 3-D's which the MSM faithfully broadcasts to the (soon to be sheared) sheep on behalf of their pay masters: deny (knowledge/awareness), delay & divert (attention). These are the basic tools used by the PTB to sow confusion & discord.
CogDis has written extensively about these & other various techniques being employed to enable the final round(s) of looting before the whole shit-pile comes crashing down upon our collective heads.
No, the power elite are truly puzzled because they're mis-educated. Much like the Romanovs were deluded by the mystic Rasputin before the Bolshevik revolution, the powers that be universally believe in monetarism.
They really have no idea that an increase in the supply of money inevitably leads to inflation. The concept is foreign to them. They believe that money is a magical thing immune to the laws of supply and demand.
They really are that deluded. They have brilliant criminal instincts, but limited intellectual understanding.
They are surprised because all money belongs to them, and they cannot fathom that the larger economy (dare I say "Invisible Hand") would dare to adjust prices accordingly to attribute a new exchange value to each and every fiat unit they pump out into the real world.
Deeper than that, the entire profession of economics is ONLY relevant or even vaguely valid within a climate of GROWTH.
Japan's experience with rising prices in some things and credit deflation elsewhere, the so-called liquidity trap, was unforeseen and not even ackowledged as possible.
If we have left aggregate growth behind, the economists will fly us into a mountainside because they do not realize that the magnetic poles have flipped. We can fly into the setting sun and they will tell us that we are going east.
There is NO study in economics for aggregate contraction or the impossibility of growth. None. Nobody even acknowledges it. Therefore, do not expect ANY of the experts to ever get why the world seems to be upside down.
Travis, I'm gonna have to disagree with you here. There are only a few absolutes in life; one of them is that the power-elite enjoy a disproportionate IQ advantage over most of their fellow man. (Present company as represented by ZH space-monkeys excepted.)
There is NO WAY they do not understand exactly what we are discussing. Economics in an environment of 'no growth'? I would posit that we can merely reverse engineer current policy prescriptions to determine that this concept is fully incorporated into their thinking as justification for their illegal actions.
There is simply no way hundreds of years of settled jurisprudence regarding contractual rights, much less our entire Constitutional construct, would be so glibly abandoned if not for what they clearly recognize as our primary threat.
If we don't come up with some "growth miracle 409", this whole shebang is gonna collapse. You know it, I know it, Mako knows it, and a whole raft of others know it. Bernanke sure as shit knows it. About the only imbeciles who don't know it are our Congressional 'representatives'. They're scared sheep and have outsourced the entire problem to the wizards of Wall St. thinking it's all going to be OK.
Sure ... Which is why it is wise to start inching towards the proverbial door.
That's exactly what's been bothering me! Of course, the constitution has been watered down over the last 150 years, especially since the New Deal, but we're seeing its abandonement at warp speed ever since TARP. Contract rights are ignored on a grand scale. Sheesh. But when you say start inching toward the door, what do you suggest?
I see huge swaths of Amerika living week-by-week on gov't assistance. They will not beat the calorie deficit game once that is shut off. They will become confused; violent. You do not want to be around when that happens. The most desirable locales are the ones with the smallest % of individuals that rely wholly on the gov't for their existence.
"we're seeing its abandonment at warp speed ever since TARP"
Look back a bit further brother. They were happy with a slow gradual chipping away for decades then a sudden acceleration beginning with 911. They already had the financial de-regulation in place for close to 20 years at that point. The past 9 years is called finishing what is left of the pie.
Right, a bunch of inbred, caviar eating, pale white marshmallows have IQ's superior to the rest of us.
Our Congressional "representatives" are the filthy whores that make their bidding possible.
"No, the power elite are truly puzzled because they're mis-educated. Much like the Romanovs were deluded by the mystic Rasputin before the Bolshevik revolution, the powers that be universally believe in monetarism...
They really have no idea that an increase in the supply of money inevitably leads to inflation. The concept is foreign to them. They believe that money is a magical thing immune to the laws of supply and demand.
They really are that deluded. They have brilliant criminal instincts, but limited intellectual understanding. "
Yes!
Yes. (if money created > money destroyed) And please, don't let me hear about v.
Yes.
If people are going to junk my comments, I'd appreciate it if they'd at least rumble with me in a reply. Drive-bys are so dull.
Wasn't me.
Guess they want the gov to cut spending, banks held to the coals, deflation and yet, gold to go to $5000
Wow, 4 junks!
...Must be some power elite flunkies trolling here...
...
i did not junk you, but i expect most think like i do , that it was planned . Much like 911, most would rather not admit that evil folk run the country.
OTOH a lot of the bad guys made an awful lot of money while the country goes broke. All just coincidence of course. GS having their folk in key spots across the globe is mere coincidence also. There are a lot of such fortouitous accidents, like the whistle blower in England who got run over.
The unusual nature of most countries having the same problems we do at the same time, again is coincidence. There is more like that.
So you appear to be naive or a shill for TPTB. Now i will junk you as is appropiate. Dont take it hard, we still love you.
O.T.O.? Yeah, these ***ks do a lot of weird stuff in their freetime.
http://en.wikipedia.org/wiki/Ordo_Templi_Orientis
They enjoy displaying their beliefs and rituals for all to see. Pattern after pattern. A master agenda. Control the minds of the young...
http://vigilantcitizen.com/?p=3925
Well, all I can say is that "Bank of England Policy Makers" are complete and total morons.
Oh, come now, Gordon. Surely they are worthy of something?
Landfill? Compost? Door stops? Boat anchors? Speed bumps?
Punching bags?
All info above = Sell gold
I'm not following how an impeding sovereign debt crisis = sell gold
Turd,
I thinks you have it backwards, but cheeky addressed this earlier today in a reply to another post you wrote better than I ever could.
Sorry, Muir, on this one Cheeky is all wet. The bullion banks have purposely jammed gold down. It has nothing to do with in/deflation. Market manipulation, pure and simple.
Actually, all info above = sell everything and buy ONLY Gold.
I'm not following how an impeding sovereign debt crisis = sell gold
I think he is using "market logic".
Thanks for the backup, Jimi. You'd think everyone posting above would have known I was fucking joking, Do I have to put <sarcasm> on fucking everything?
A Fed Infiltrator would say just that...Kartik Athreya, is that you under that rediculous hat???
REALITY CHECK
All info above = buy gold and buy organic [germinating] seeds, commence turning your soil in your back yard and start pissing on it....and start reading-up on farming...FAST!!!
I bought about 1000 organic seeds yesterday...THE HEDGE OF LAST RESORT
My investment...20 bucks!!!
Dude, you don't mean "organic", you mean "non-hybrid".
Sorry for not being specific. I meant both non-hybrid (you are correct), and naturally grown and seeded (organic nutrient only).
The deeper meaning of what I'm trying to say (didn't really say) is that the closer to the original wild strains a seed is, the more it would essentially be worth (assuming a post peak oil, post sovereign collapse environment). In this way, seeds themeselves have the potential of becoming a valuable asset/hedge and they can also be graded, simple comodity.
When I said "THE HEDGE OF LAST RESORT", I am of course giving reference to an environment where nothing but food, water and shelter matter...Gold, would in fact be worthless at that time, and the slogan 'worth it's weight in gold' could be replaced by 'worth it's weight in seed'.
Seeds in themselves are small, light and easily transportable, AND, can be leveraged-up in the form of fruit etc with a bit of work. Seeds, and the ability to extract and dry them for storage, would be the post-apocolyptic version of central banking.
Turd, wipe that smile of your crack. Junked you for sheer insanity
You fuckers clearly haven't read anything else I've written lately.
I was being facetious.
For clarity, <sarcasm> on.
Fuck.
American Coup to wipe out our debt-
http://www.youtube.com/watch?v=TRgRz3nSG7o&feature=player_embedded
Looks like even more extra bucks will be needed -- remember those carrier groups in the Med. Add that to Bibi's visit to our Pres. and what do we have?
http://www.atimes.com/atimes/Middle_East/LG03Ak01.html
Opti, what do you think of these coincidences:
1) Swissy and gold have rallied significantly. The traditional safe havens for Jewish money.
2) US moves 3 carrier strike groups to Persian Gulf.
3) Netanyahu visit.
My guess is that Bibi has informed Obama that Israel is going to act alone...and soon.
Big Israeli $ have excellent connections. They've gotten the word and they are getting out while they can...relocating themselves and their money.
The US naval presence is to protect the Strait of Hormuz, Saudi Arabia, Kuwait and the UAE. Defensive support only to try to contain Iranian retaliation.
They do so and they might get a lot of hate. Now your average American is dumb, but hit him with $4 gallon gas right now and he will be upset and looking for someone to blame. Might be they blame Iran, but unless they stage a pretense some hate might actually fall on Israel.
Also, read this:
http://www.telegraph.co.uk/news/worldnews/middleeast/israel/7875861/Bara...
The last visit, when Obama got all pissed off and left Netanyahu hanging, is when Bibi informed O that Israel had decided to act alone, probably before the end of summer, with or without new sanctions.
This visit is for the sake of public appearances and to make contingency plans?
rotflol "willing to take risks for peace"! Hahaha, nothing like a little pre-emptive vengeance! But they are telling the truth the bond is unbreakable. Israel could nuke Europe on a whim and we would support them.
I'm not saying it won't happen. I'm just saying that containing the hate might be a little rough. Better let the MSM know to do damage control.
Check this out - the Palestinian Propaganda machine is training 9 year old boys to speak out against oppression - is there nothing that these terrorists hold sacred.
I bet he is really complaining about the fact that he gets no toys from Santa because he is a Muslim.
www.youtube.com/watch?v=4vprhpeLI5Y
9 year old boys have no right to be oppressed. Funny how all those terrorists end up being actual real people who are oppressed, lack education and act out of ignorance due to poor education and starvation.
“I bet he is really complaining about the fact that he gets no toys from Santa because he is a Muslim.”
As they say in Ireland.
“You are an utter gobshite”
Lord Wellington - for a Anglo-Irish type your ironic screening powers leave much to be desired.
perhaps you need to get down with the peasants again - familiarity with us may breed contempt but it is a necessary chore if you want to govern wisely.
"willing to take risks for peace"!
Translation.
Willing to make War for Peace.
"willing to take risks for peace"!
=
Making billions of dollars profit on building the biggest and meanest weapons one can imagine.
Senator Lieberman is again visiting Israel, he's their leader in our Senate.
"Senator Lieberman used some very harsh language at the Wednesday press conference to describe the Iranian nuclear program, saying the US must do everything it can to stop Iran from becoming a nuclear power. The US will address the Iranian threat "through diplomatic efforts and economic sanctions if we can, but through military action if we must," said Lieberman."
You think they need to stage a visit to discuss all that?
Oil & wars have been the center piece of the last 100 years of global economic activity.
I don't think this is partial to "Jewish" money. Swiss Francs are mainly safe havens for Europeans and Arabs, Gold is a universal safe haven. Everyone and their uncle is understanding that Gold stores value relative to all other assets.
When you suggest that "Big Israeli $ [...] are relocating themselves and their money" do you mean to say they are buying stocks in American exchanges? That's nuts.
War is not going to lift this market.
Where did I suggest that Israeli $ were going into US equities? That's nuts.
Of course, war is not going to lift this market. It might, however, lift O's job approval numbers.
Only if it looks like you will win or even not lose.
Must have misinterpreted your thoughts then. You suggested that Israeli $ where somehow going a certain direction. But which one? You also seem to bemoan the fact that POG is down today.
Came to conclude that you figured the money was leaving Gold and the CHF based on all that.
Question is, where is the money going if NOT in save haven assets like Gold. You're on the right track and I agree money is converted into tangible assets. Nobody is dumping gold even when the masters manipulate the price relating to fiat.
The money that's jerking up the indexes is not really fresh investors capital. Some is yes, but the majority is dry humping. Banks prop desks selling to each other or maybe even selling between one and the same prop desk. Their hope is that given the promo and the attention, maybe something will stick and some fresh money will actually find its way into the market.
They're desperate for new suckers. FYI this game can go on for a long time, for as long as none of them needs to withdraw liquidity and sell stock to raise cash. When the economy goes down further as it does, and bills come do, as they will then we will see more downside than upside because there aren't enough suckers left to peddle stock to.
Patrick Heller reports sales up in spite of gold prices:
Full Story
IIRC, the F-14/PHX system hasn't been operational for years due to a lack of spare parts. However, Russia has been supplying Iran with air defense systems (i.e. SAM batteries).
Look, Tyler, don't worry about the ridiculous monthly roll. Take two Krugman columns (any two over the last year or so) and call me in the morning. It's brilliant, I think, that a virtual government should have a virtual budget, thus obviating the problem of "balancing" it or exceeding it. It's a kind of Budgetary Uncertainty Principle, where we exceed the budget only if someone observes us doing so. Otherwise, it doesn't exist.
Ha!
Great comment.
"Budgetary Uncertainty Principle"
I like that. You know what I'm going to do? I'm going to leave your words right up here for all my classes to enjoy, giving you full credit of course, Mr. SayTabserb.
and since the budget does not exist, we can't exceed it. Good thing we planned ahead due to all these "unforeseen" emergencies that call for ALL of this paper!
In Vegas it is known as setting the over and under.
...so what is the cost to service the debt now? +$330 Billion? Higher? At what point do people begin to flee treasuries or at least force the yeilds up due to risk?
China seems to have found their new favorite investment (Japan)...whcih surprises me they haven't made that move much sooner. What better way to manipulate ones neighbor.
im all for poop becoming a new currency
you are the road apple of my eye!
Your poop or mine?
Chump change. Spend more. You'll thank me later.
Signed,
Paul Krugman
PS - Bond Vigilantes? Don't make me laugh.
PSS - Spend more.
GET RID OF THESE BOZOS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I keep reading and I keep laughing. It's all such an unbelievable farce. No budget, insane spending. Not only is the Emperor naked but he is covered in his own filth and dancing to ABBA.
Have to admit I want them to hit the limit before the election. Sliding an increase through right before an anti incumbent election will be the height of comedy!
They will begin playing with the numbers around the end of August to show that the debt is being reduced, "See, it's working!" They proclaimed with all sincerity & might!
So what if it is revealed as a lie by New Year's. Fuck the stupid Sheeple.
http://www.youtube.com/watch?v=xFrGuyw1V8s
I feel happier already!
I like Sweden. Great place to hide when the shit hits the fan.
I was just thinking how fitting it is to say that the Emperor would listen to ABBA, when he could be listening to this.
http://www.youtube.com/watch?v=OCkLEo-DT1Q&feature=channel
It's an emotional roller coaster for me. Some days I laugh, but not today. This is anarchy; there are no laws.
No there are plenty of laws, but like in most societies the laws only apply to the serfs, not the lords. This is not anarchy. This is looting, and it's leading the the kind of servitude our ancestors toiled under. Nothing new under the sun.
Agreed.
"To live outside the law, you must be honest."
B. Dylan
I only see anarchy with the biggest gang roving the land, having their way with everyone and everything.
Bernanke fat fingers the market listening to ABBA?
I know! Bernanke is the Dancing QEeen!
+1 HAHAHAHAHAHAHAAAAAA!
Now that's funny. BEST. COMMENT. EVER.
HAHAHAHAHAAAAAAAAA!
Ralph Kramden says, 13 trillion Norton? Mere bag of fucking shells.
They need to bottlerocket that debt ceiling to $ 25 tril and quit messing around. It's only numbers. Besides, it ain't like we're ever going to pay it off anyway.
Correct.
Vote Libertarian, Bitchez!
You tease. The only way a libertarian party would exist inside congress is if they were already elected to a different party and got a coalition of other elected officials to start a new party inside congress set on a new platform. Parliaments do it all the time.
Then the US should as well.
Oh right sorry, we have a single party system all bought and paid for by the corporate oligarchy
Or, as TD put it above:
I will vote for a libertarian over dem or rep every single time, for as long as they still allow us to vote.
Question is: If the vote really counted, does anyone think it would still be legal?
I think the votes will count only as long as the 2nd amendment still does. (I'm feeling very tough today!) Seriously, it would be time for a roll call.
Which is the reason why firearms are so disdainful in the eyes of the MSM-addled zombie public. They will see people getting shot left and right all day long on TV and in movies...but a real gun..."Is that real? A real gun? Why do you have a real gun? Why would you need that? Are you insane? You're kind of freaking me out! Is it loaded? REAL bullets!? Why would you carry it loaded? YOU COULD HURT SOMEONE!!!"
The sheeple are now programmed and incapable of understanding the grave importance of the 2nd Amendment and how it is the GUARANTEE of a free society. When votes no longer matter the 2nd comes to the forefront, once again, as always in history. There is nothing different between now and every other time in history when humans have been oppressed - except that the very weapons that would maintain civilian authority over gov't "By the People, For the People" have become demonized. It should be obvious why. Own a rifle, train with it, and lay CLAIM to your birthright. Without the ability to physically defend your freedom you are not a Citizen.
+1000
If the Pope fell in the woods would the check be in your mouth?
Your vote is worth about as much as your dollar.
You only get to spend it in the Government shop.
You are probably right but I sometimes entertain the notion that, given the politcal, economic and social fabric of the US is being stretched and abused in novel and unprecedented ways, we could easily be headed toward a complete paradigm shift.
It could be libertarians become more mainsream than anyone would have believed possible.
ZH is a wonderful site in which to find every brand of prognostication and each scenario I read has validity based on its respective argument. But I think I can say with the greatest confidence, in 2 or 3 years, we will not recognize what the world has become.
A minor point - the $13.203T is not debt subject to limit...the debt subject to limit is $13.150T. It probably changes the projection a bit, about when the ceiling could be breached given the current pace.
So on a Tuesday instead of a Monday? Check.
Exactly. Well I did say minor.
Actually I guess it could be significant if it means the difference between the day before, and the day after, election day.
Barney Frank says the Defense Budget must be cut.
There goes the contract for mechanical pencils. Not that the mechanical pencil folks will be out of business -- we can use them in our tin cups begging on the corner. Do the Great Depression wood pencils one better. Genetically modified apples anyone?
NO! Not one penny from the Defense Budget!
Now, if they want to cut deeply from the $Trillion+ OFFENSE budget, well, be my guest!
+ 1.7×10^10
(The Department of Defense uses 4,600,000,000 US gallons (1.7×1010 L) (4.6 billion gallons) of fuel annually, an average of 12,600,000 US gallons (48,000,000 L) (12.6 million gallons) of fuel per day. A large Army division may use about 6,000 US gallons (23,000 L) per day. According to the 2005 CIA World Factbook, the DoD would rank 34th in the world in average daily oil use, coming in just behind Iraq and just ahead of Sweden) source: wiki
Spending $7 billion more per day than we are taking in?
HFS!
Sigh.....how I long for the good old days, when we used to complain about the guvmint racking up 200 billion in debt in a single YEAR.
"...of the bipartite farce that passes for a government."
You bought it, you wear it.
Bought nothing, how can we change the system? Vote the bums out? I think we have all seen enough "meet the new boss, same as the old boss". Vvoting new bums in can't fix the problem because the whole system is rotted and taken measures to protect itself. Like a rotten tree all that can be done is knock it down and start over.
Oh, goody! Can we burn it, too? Anarchy is in this season.
I'm ready.
Real anarchy! Not this bullshit circle A crap touted by that vast segment of the US population that has no obligations and entitled to the riches of Creosus.
But the real thing, individual determination, inviolable rights. It would be fascinating.
INDEED!
http://www.youtube.com/watch?v=Rp6-wG5LLqE
Debt is fine if it can be serviced by taxpayers. However, how will all of these people with degrees in Advanced Sanskrit and European Art History find jobs? If they can't find jobs, they won't pay taxes.
......don't worry. The Ethnic Studies grads will pick up the slack.
As long as they've got a minor in "Eating Free Lunches".
Question.
Does the debt ever need to actually be paid back?
Answer.
Only when Guido darkens your door carrying a baseball bat. All other times no.
I think he'll be named Chen this trip.
No worries, there will be no central state to pay taxes to. At worst, you may have to pay some protection money to the local mafia.
But how will the mafiosos control online commerce? I suspect it'll be impossible. We'll see some major fracturing.
The central state is the local mafia. If it contracts and splinters into more localized mafia units (as I think you suggest) no one will be there to maintain the sats and hard lines, so no interent.
Oil rain will wash all our troubles away. Careers, dreams, equity, friends and neighbors as well as pets and any outdoor plant. Along the way it will peel away plastic, lungs and good skin.
half a trillion dollars a year is what i hear the yearly income loss from fisheries and tourism, disneyland etc. At present rate, rain being ongoing year after year the entire east coast will be vacated in time. Florida and other gulf states are at a dead end. In 18 months the oil will have traveled around the planet. Eventually all rain will be poison rain. I live on the west coast and have extra time to prepare .
For us to go on as if nothing has happened is insane. 2o to 40 million having to move or accept premature death and disease from the air as it dries after each rain is a bit much to ignore.
BP has done all they could to keep the severity of this under wraps.
Dont wait till FEMA comes, lot less choices once they come in.
How do politicians sleep at night?
The capitulation in the silver market tells it all; da S is HTF. I called for the capitulation to start mid summer and around $20.92. Last Friday I felt it had commenced and today makes me quite sure of it. If you do not know how important silver is, let us put it this way; it is the only free floating currentsea. Not gold, which is manipulated by Central Banks, not oil which is manipulated by OPEC, and not the doelarr which is manipulated by the Fed (and the doelarr can be made to manipulate the other two). I have said that the capitulation should last between 2-6 weeks, and I will stick to that time frame. So through the month of July, while the Bohemians are "safe" in their Grove, the markets will make violent waves.
On a pile of money, with a prostitute fitting their personal level of debauchery? When you have a system that rewards sociopaths, the sociopaths will gravitate to it.
So are you trying to say three is no silver manipulation? Everything is manipulated, and will be so long as they can press levers and make magic fun bux shoot into existence. How can the market accurately price when one party has access to limitless currency?
Politicians are a rare breed.
It is manipulated, and maybe in the worst way (naked shorts) but my point is it isn't obvious manipulation. There is no silver in CBs and there is no market for silver like oil. But there will be, and soon (in both cases). Because silver is monie just like gold.
I'm sure most of us can't even fathom their levels of debauchery.
[removed]
How does capitulation in the silver market indicate shtf? I am not challenging you, I am just not making the connection.
As I think that silver is vastly undervalued, when it begins to make what I believe will be an epic move upwards, I think it will prove that people have valued the wrong investments. I believe that this capitulation is the market beginning to remember what monie is.
Think of all the monie managers that will miss the move in gold and silver and be forced to cover their losses in aapl and other worthless stocks and follow the smart monie. Ahh what would we do without the dumb monie?
I see what you are saying. Silver is interesting even if we are all nuts and things are going to be fine. Go to the patent office WEB site and search on all the patents and patent applications on silver as an antimicrobial.
For sure...and how will Ms. Lohan's new bunk mate develope her new lovers pictures without it? She won't!
collodial silver.
http://www.silverlungs.com/geg_slg_deluxe_neb_if.html
for those who eschew allopathic medicine, or perhaps when TSHTF scenarios necessitate self-healing methods. . .
(disclosure: don't use -yet? - but I am looking into alternatives to deal with all the toxins out there. . .)
Back to basics if you want to survive and thrive.
Have you forgotten that Silver is JPM's bitch... ? Until JPM becomes Silver's bitch that is.
As much as I want Silver to soar, with Uncle Benny and Da Boyz to back JP & Co, I don't think it will until JP & Co are told to cover their naked short asses by Uncle Benny.
Right, they will burn their FIAT at the alter of the "Temple" for the sake of keeping a lid on silver until it becomes too much to bear. I still am not sure BS understands silver though, I think it is Dimon who is running this shitshow...maybe I should give Ben Shalom more credit, but Keynesians are so dumb!
leave it to the Swedes to know more about America's debt than Americans.
Ceiling? More like an open-air maze of electrified fencing. The game plan for the "small people" is to cheat; cut our way out; then play dead. The rest are toast.
Day in and day out Krugman gets exactly what he wants.
Who "bought it"?
Maybe you did, but not I: Pretty much sums up the failure of Democratic Soicialism in one sentence. Her endeth the lesson.
Please forgive the non sequetur. The head of NASA said in an Al-Jazeera interview that Obama has ordered him to start turning over rocket technology to Moslem countries. How Nobel of him! Meanwhile engineers right and left being fired. He's gutting the agency en masse. This is not an eight-ball.
See: Newsreal.blog
dp
Virtual budget, unemployment, markets, hundreds of millions of dead people, its just not real or is it? Fuck, this is a bad trip, where's the Thorazine? Get me a reset here! Fuck!
I can't see my budget, noooooooo!
I can't see the markets! /spews dinner/
Please stop! /grand mol seizure commences/
Later.....
V-xperience techs walk around the tub, inspecting the corpse.
"What happened here?" asks the Detective Tech of the EM Tech.
"He couldn't handle the real versus the imaginary duality, sir, must have thought it wasn't all a dream. Maybe he had a moral hang-up or an ethical position as well."
The debt ceiling is a joke; it's an insulting SLAP in our collective faces.
Relax...
Krugman shouts but he has no power....
I think there's been a mistake. G Gordon Liddy just said it's a 10 trillion dollar debt.
let's see...
budget deemed passed
wikileaks patriot hunted and leaker of truth video prosecuted
US atty genl coddling black panther vote intimidators
gulf oil of mexico residents poisoned and not warned to evacuate
illegal immigrants invited to destroy us while arizonans persecuted
taxpayer money airlifted from afghanistan for warlords benefit
bailouts for the irresponsible
a fucking royal bitch addressing the UN
troops in 132 countries
ever-changing tax code
la raza in the supreme court, mexican president chastising us in congress
christians persecuted/muslims protected on tv
corrupt congressmen in office for 5 decades +
unions busting state budgets while 1 in 8 eat with food stamps
nasa used to massage muslim egos
great lakes destroying asian carp allowed to invade
internet on/off switch about to be authorized
genetically modified foods tainting our bodies
fake diseases to sell vaccines
israel running our foreign policy
fannie, freddie, gen motors, aig, chrysler, et al ad infinitum
is it me? it's not me is it?
somebody start a revolution please. i'm too old to start it, but i'll join in if someone else gets it going.
Obammy gonna start it, do not worry.
You are not alone.
Pray for us.
What's our total deficit for FY10 now?
http://www.youtube.com/watch?v=l91ISfcuzDw
Surprising ain't it.
Les-see, a Chichago Kenyan boy wif his white mob, I knows the ansah Bos.
It be Uncle Tom and his Merry Band of Robbahas, cause we don use no negra words cause it won' be political co-reckt. They steal and giv to theys seves and start a revolution. It all be in the Good Book, if'n U kin reed it.
It aint got diddly to do with Black or White. This is corporate takeover with government complicity long before Obama came along. He IS the president and i will show him respect as such, even if he did say to go to Florida and eat fish.
Racism doesnt fit well here, ask any jew or non jew . Thats why i junked you.
Racism my ass. Fool. The country is going down the drain because no one has the balls to stand up to this insanity headed by the great savior, black hope.
Jew now? How about American Indian, Mexican or Gypsy? You Putz!
were you also using the above whine when Dubya was in da house? doubtful.
see, if you add "race" - that great fictive construct - to any of your rants, then it IS racism fool. . .
stop seeing your ruling class in "sides" and see them ALL as against YOU.
fuckin' numpty.
Baaaaa
Everyone close our eyes, count to 10 and everything would be alright.
Ignoring the Dead Hand exposes the fallacy of the application of boolean logic in VBA @ 33 Lib: "Hey boss! Can a variant be a boolean?"
Zoot allures! (alors 4 les vrais ribbits)
Hum, can somebody please redirect some of this 13,2 trillion USD into my bank account ? Thank you. On the other hand it wouldn´t be fun. I actually would have to stop trading and would have to spend it :=)))