Will Austerity Be The Catalyst For War?

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Fri, 07/02/2010 - 12:46 | 449410 Caviar Emptor
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We're officially at "bear-market" conditions, 20% off the peak in the Russell 2000

Fri, 07/02/2010 - 14:15 | 449591 Ragnarok
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Give me $50 on Venezuela.


Oil - Check

Minerals - Check

Axis of Evil - Check

In the US sphere of influence - Check

Call Obama a "house negro" - Check

Douche bag dictator (Venezuela or US?) - Check

Fri, 07/02/2010 - 19:26 | 450187 CPL
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I'll take $40 on the vuvuzela!!!!




Fri, 07/02/2010 - 21:04 | 450301 Der Kommissar
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$100 on China:

  1. Get rid of 1T in debt -- governments do not pay to enemy states
  2. Destroy manufacturing capacity of a major competitor
Back to 1945!!




Fri, 07/02/2010 - 14:59 | 449713 B9K9
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Who gives a shit about the markets. I gotta laugh at the market playerz who frequent this site. Sure, TD covers a lot of financial market information, along with certain major geo-political & environmental events. However, the analysis & commentary directed at the underlying fraud, corruption & outright illegal actions is meant to SERVE as a means of illuminating the foundational rot underpinning our entire economic & governance systems, not as  mundane trading & investment advice.

Think for a moment about what that really means. What we see & think we understand about our world is not really the case. Since not one of us has any personal experience in the major social events that have taken place between 1776/1789-1815 and 1914/17/18-1945, we have NO concept of what happens when major institutions we take for granted, and quite frankly, consider inviolable, are nothing more than mirages!

Austerity doesn't mean we're going to knuckle under in order to pay-off phantom principle+interest to a cabal of private interests who never lent real capital in the first place! Doesn't anybody get it? We are going to DEFAULT! We are going to repudiate the debt. It may not be us (our generations), but I can damn well guarantee that the millions of little Johnnies & Janies currently attending 6th grade sure as shit ain't gonna agree to a life-time of debt servitude in order to pay off the national credit card encumbered for the benefit of some random, anonymous "others" when they turn 18 (and can vote) in 6-7 years.

So what happens when the ponzi ends? Sure you wanna find out? Well, we don't have a choice - it's coming whether we like it or not. Think about how you're gonna get out of this situation alive. Think skills, think resources, think community, think security. We're getting very close to the point where the great unwashed are going to find out there really isn't any Oz.

You don't work, you don't contribute, you don't get along, you die.

Fri, 07/02/2010 - 18:47 | 450138 Cathartes Aura
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Who gives a shit about the markets. I gotta laugh at the market playerz who frequent this site. Sure, TD covers a lot of financial market information, along with certain major geo-political & environmental events. However, the analysis & commentary directed at the underlying fraud, corruption & outright illegal actions is meant to SERVE as a means of illuminating the foundational rot underpinning our entire economic & governance systems, not as  mundane trading & investment advice.


+1000 B9K9. 

for that paragraph, and the rest of your post, excellent stuffs.

Fri, 07/02/2010 - 19:32 | 450206 dark pools of soros
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"The worse....the better"

Fri, 07/02/2010 - 19:37 | 450214 scratch_and_sniff
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"You don't work, you don't contribute, you don't get along, you die."


Looks like most of the people here are fucked then.

Fri, 07/02/2010 - 20:20 | 450261 cossack55
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If you do work, you do contribute, you do get along, you STILL die.  You, sir, are quite right.

Fri, 07/02/2010 - 23:15 | 450413 russki standart
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Great Post. Now that I am ILLUMINATED, where do I sign up for my  free parcel of slaves?

Sat, 07/03/2010 - 01:01 | 450482 mcguire
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sorry, but the "truth" that the markets are manipulated is not going to feul any revolutions...

if you want that, work on 9/11 truth.  most people just dont know about it.  i didnt, not until just 3 months ago.  it was the first time i had seen actual footage of wtc7 falling down, but once i did see it, i knew, KNEW, that this was an inside job.  i spent the whole week without sleep, trying to prove it wasnt the case to myself, but the evidence just grew stronger and stronger. 

please, if you have never seen anything on world trade center #7, watch this...


in short, i agree to an extent with what you are saying... but the financial picture is only one part of a much larger, and much darker picture. 

it is my opinion that just as 9/11 had the power to change the world to what it is today, once people see that it was the biggest crime in the century, it has the power to change everything.  the truth behind 9/11 *does have the power to affect revolutionary change... 


Sat, 07/03/2010 - 10:36 | 450663 SMG
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The problem is deniability. The people behind the curtain are very good at covering their tracks, at least most of them.  While there might be some suspicious stuff going on with 9/11, the triangle people always do a good enough job of leaving enough doubt out there to make the everyday person look at you like you're crazy when you bring it up.

The problem is if you focus on the past, there can always be some doubt sown, because really the past can be changed by changing generally accepted opinion.

If you really want to make a difference, help people discover the eyeball triangle overlords using things that exist in the present.

The pyramid and the eye of Horus on the dollar, the tiny owl above the one on the front, the apotheosis of Washington painting in the capital building, the Masons ( at least the high level ones), the federal reserve, the Georgia guidestones, the Bilderberg meetings, the IMF, the UN, the G-8 etc.  Don't go into it too quickly, but very gradually with someone, because it's alot to process and if you overload someone, they just kind of shut down and pretend they never heard the information.

Change will come when the majority of people realize there is unelected royalty working through a corporate structure, to hijack our republic.  That majority will have to be built one citizen at a time.




Sat, 07/03/2010 - 12:11 | 450711 WaterWings
WaterWings's picture

the triangle people

Heh. Nice!

I was explaining to some friends/acquaintances the Gaga-thingy and showed them the vigilantcitizen.com explanation. And just like the Matrix and Allegory of the Cave descriptions of slaves lashing out to defend the system I now have some stand-offish, quasi enemies instead of people I can relate to. Sad that they defend it outright. Their worldview is dying. They are "triangle zombies".

I can imagine the website tagline: "Get more frenemies without spending a dime! Send 'em our way and we'll take care of the rest!"

I have more farming books to read and guns to grease anyway.

Sat, 07/03/2010 - 05:51 | 450569 reckoning
reckoning's picture

"will austerity be the catalyst for war?"...


i guess i am a little confused by the question itself... we are in 2 wars at the moment... does the author mean more war?... worse war?... new war?...


if the US government makes a concerted effort to spend, and therefore borrow less, the US federal reserve bank will find a way to force an increase in conflict, borrowing and resultant interest payments to the fed.


<the analysis & commentary directed at the underlying fraud, corruption & outright illegal actions is meant to SERVE as a means of illuminating the foundational rot underpinning our entire economic & governance systems, not as  mundane trading & investment advice.>


use the information as you wish in your daily life, however, it is an excellent observation that the commentary leads one to question our current system of finance and governance, as well as the incestuous relationship between the two...


abolish the US federal reserve bank, pay back every "dollar" of debt owed to the bank with its own useless and pathetic fiat.... then issue a US government note... one free of conjured and fictitious interest payments required at conception for no other reason besides fraud and greed... just as john f kennedy attempted to do... and was killed for...


at that point.... there would be absolutely NO NEED OR INCENTIVE to fight any wars at all... little johnnie and janey would owe nothing at birth, and live a life free of debt servitude...


the only problem remaining at that point would be... where would obama's (or any other politician's) next campaign contributions come from???... there in lies the rub... as long as all those power hungry cheap little whores are for sale at these "cheap" prices... ben's bosses will eventually buy their way back in as the sheeple watch "dancing with the stars"..

Fri, 07/02/2010 - 12:48 | 449416 Mercury
Mercury's picture

Yeah the politicians will get their war.

A civil war.

Fri, 07/02/2010 - 13:15 | 449473 Scooby Dooby Doo
Scooby Dooby Doo's picture

I suggest: 'The War on Credit'™

Fri, 07/02/2010 - 14:05 | 449575 AnAnonymous
AnAnonymous's picture

Or war on debt.

Lets declare war on debt.

You know, with a verbose speech full of allusions to freedom, liberty, truth and justice as the US love to give.

Fri, 07/02/2010 - 14:25 | 449633 SMG
SMG's picture

War on the eyeball triangle!

Fri, 07/02/2010 - 14:30 | 449654 The Disappointed
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Yeah, and we will get the same kind of results as our 'War on Drugs' and 'War on Poverty'.

Fri, 07/02/2010 - 15:55 | 449846 inflation.stude...
inflation.studentloan--0's picture

just trying to help out the slow...

you mean more drugs, more poverty and ergo more debt, right?

Fri, 07/02/2010 - 20:46 | 450282 John_Coltrane
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It seems the way out of our problems lies with legalizing all recreational drugs.  The law enforcement savings and taxes alone justify it on economic grounds.  And suddenly, discontent vanishes like an overdose of soma.  Of course, like the lottery, it is a stealth tax on stupidity.  But it does deal with the surplus labor problem in a modern high tech society (which we tried to solve via the phony FIRE economy) where most lack both the skills and IQ to contribute to productivity in a meaningful way.

Fri, 07/02/2010 - 20:55 | 450289 RichardENixon
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Good luck getting the Law Enforcement/Incarceration Industry to go along with that plan, sound though it may be.

Fri, 07/02/2010 - 23:13 | 450409 jeff montanye
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there is historical precedent:  alcohol prohibition ended by the last deflationary depression.

Fri, 07/02/2010 - 16:31 | 449940 StychoKiller
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Obamatron:  "Today, I'm appointing a new 'Debt Czar...'"

Fri, 07/02/2010 - 20:46 | 450283 e_goldstein
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if we did that, what would we fight all the other wars with?

Fri, 07/02/2010 - 16:45 | 449970 Adam Selene
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How about "war on Solvency." That has a nice ring to it.

Fri, 07/02/2010 - 19:30 | 450198 CPL
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Shhh, speak not the name of the devil or someone will notice!!


Huzzah huzzah!!  <jazz hands!>

Fri, 07/02/2010 - 20:56 | 450291 RichardENixon
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We've already fought and won that war.

Fri, 07/02/2010 - 18:42 | 450128 IQ 145
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Fri, 07/02/2010 - 12:49 | 449417 OutLookingIn
OutLookingIn's picture


 When all else fails - Go to War! (Last line - economics 101)

Fri, 07/02/2010 - 14:49 | 449707 Temporalist
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You have a typo...(Last line - Keynesian economics 101)

Fri, 07/02/2010 - 19:16 | 450173 Crummy
Crummy's picture

Collateral damage keeps the mortician working.

Fri, 07/02/2010 - 19:27 | 450189 Gold...Bitches
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Carl von Clausewitz - "War is merely the continuation of policy (politics) by other means."

Fri, 07/02/2010 - 21:46 | 450344 tom a taxpayer
tom a taxpayer's picture

War. What is it good for? 

Edwin Starr answers...


Fri, 07/02/2010 - 12:51 | 449421 Alcoholic Nativ...
Alcoholic Native American's picture

Good news everyone,

When NATO gets done winning in Afghanistan they can go home and become austerity enforcers for their respective countries.

Fri, 07/02/2010 - 18:45 | 450135 IQ 145
IQ 145's picture

 The timing doesn't work; 55 years from now, the austerity will already by taken care of.

Fri, 07/02/2010 - 19:33 | 450207 CPL
CPL's picture

Unless part of the austerity angles is to dump the military overseas and hang them to dry.  Honestly, if it does get that bad would you want 2 million trained troops armed to the teeth running around your country wondering why the checks bounced?

Sat, 07/03/2010 - 06:41 | 450580 Pensatulla
Pensatulla's picture

Hugo Chavez does have his soldiers checking on prices in grocery stores.

Fri, 07/02/2010 - 12:53 | 449426 Mako
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The Catalyst For War is the same as it always is, people not getting what they want.  The current system is providing less and less what they want, the liquidation is going to happen with or without a large scale war. 
Fri, 07/02/2010 - 13:01 | 449441 BobPaulson
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ROTFL. What are you ****ing talking about?

Sorry, usually I just junk posts like this but I have the day off and can't help it.

Fri, 07/02/2010 - 14:22 | 449624 Eternal Student
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I do believe that you've been trolled.

Fri, 07/02/2010 - 16:35 | 449953 BobPaulson
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The original post is gone. My post was in reaction to a comment saying Turkey and the US were planning to invade Israel.

Fri, 07/02/2010 - 19:29 | 450195 Crummy
Crummy's picture

Well, that's ridiculous, Israel has nothing of value.

Unless you consider a divisive scapegoat to be valuable, but in that case you don't invade it you just point at it.

Sat, 07/03/2010 - 06:43 | 450581 Pensatulla
Pensatulla's picture

I think wall building has some value.

Fri, 07/02/2010 - 13:12 | 449466 resipsaloquacious
resipsaloquacious's picture

Brilliant stuff.  You are a modern day Cardinal Richelieu.

Fri, 07/02/2010 - 13:23 | 449489 Clayton Bigsby
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either that or a modern day Fuckaire

Fri, 07/02/2010 - 13:20 | 449484 Clayton Bigsby
Clayton Bigsby's picture

fucking agreed - I have read (and, yes, I'm sure even posted) some REALLY dumb shit on here (and a lot of very smart shit, so don't get your panties in a knot everybody) - but this is perhaps the dumbest fucking thing I have ever heard - no, really, the dumbest fucking thing I have ever heard - no, really.... ad infinitum...

Fri, 07/02/2010 - 13:22 | 449486 Let them all fail
Let them all fail's picture

Israel sucks, we need to lessen our ties, why the fuck are we so close with them other than our large Jewish communities?

I am not being rhetorical, I really want an answer to this question, thanks.

Fri, 07/02/2010 - 13:48 | 449540 tj3
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Israel has received more U.S. military assistance than any other country, both in terms of grant aid and military sales on a concessional basis. However, unlike other countries who receive military aid and are required to spend the money in United States, Israel may spend 25% on its domestic military projects.

Since 1987, the U.S. has provided an average of $1.8 billion annually in the form of Foreign Military Sales (FMS), Foreign Military Financing (FMF) and funds to support research and development.[2]

A bilateral memorandum of understanding was signed in January 2001, at the end of the Clinton administration, under which defense aid was increased to $2.4 billion annually from $1.8 billion, while the $1.2 billion of economic aid would be eliminated. This was predicated on the basis of the defense aid being increased by $60 million per year until the full amount was reached in 2008, while the economic aid is decreased by $120 million per year until eliminated.[3][19]

In 2007, the United States increased its military aid to Israel by over 25%, to an average of $3 billion per year for the following ten year period (starting at $2.550 billion for 2008, growing by $150 million each year).[20] The package is scheduled to start October 2008, when regular economic aid to Israel's economy is to end.[21] Officials have insisted the aid is not tied, or meant to balance, simultaneous American plans to sell $20 billion worth of sophisticated arms to its Arab allies in the region, including Egypt and Saudi Arabia[21]. U.S. President George W. Bush assured Israeli Prime Minister Ehud Olmert that the U.S. would help keep a "qualitative advantage" to Israel over other nations in the region.[20]

[edit] Foreign military sales

Israeli Air Force McDonnell Douglas F-15I Ra'am

Note: This is not a comprehensive listing of U.S. military sales to Israel.

Year FMS DCS TOTAL 2001 $766,026,000 $4,019,000 $770,045,000 2002 $629,426,000 $1,427,000 $630,853,000 2003 $845,952,000 $16,455,000 $862,407,000 2004 $878,189,000 $418,883,000 $1,297,072,000 2005 $1,652,582,000 $1,110,223,000 $2,762,805,000 2001–2005 $4,772,175,000 $1,551,007,000 $6,323,182,000
Fri, 07/02/2010 - 13:53 | 449550 Vix_Noob
Vix_Noob's picture

Wow, you said it better than I did and sent it off a bit faster too.  We should hang out.

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