• Monetary Metals
    05/02/2016 - 01:28
    The price of gold shot up this week, and silver moved proportionally. Headlines are screaming for gold to hit $10,000 or $50,000. Does this alleged new bull market have legs?

The Only Way to Save the Economy: Break Up the Giant, Insolvent Banks

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Sun, 10/23/2011 - 16:22 | 1802526 ivars
ivars's picture

This was a productive weekend!

I think I finally managed to match them!

Now I have a really superb forecasting /history study interest tool . Have a look at exercise behind matching GREAT DEPRESSION and GREAT RECESSION timelines for the first time ( once  I managed to patternalize ( ?) OUT FED's grip on USA stock market prices)  and, as usual, better visibility charts plus explanations here:

http://saposjoint.net/Forum/viewtopic.php?f=14&t=2626&p=34732#p34730

And here:

http://saposjoint.net/Forum/viewtopic.php?f=14&t=2626&p=34732#p34732

The supplement chart for rereading the history of GREAT DEPRESSION and rethinking the future as time line can be extended as well:

http://farm7.static.flickr.com/6055/6273870574_8de9d22b08_o.png

http://farm7.static.flickr.com/6217/6273870954_52bd042a99_o.png

http://farm7.static.flickr.com/6232/6273871980_62a22ec234_o.png

Sun, 10/23/2011 - 15:59 | 1802485 JPR
JPR's picture


As a former finance profession­al, I tell you YES, the banking/lending system is predatory, rigged against the middle and working classes, and the time is now to collapse it.

Wide-scale DEBTORS’ REVOLT — DEFAULT-EN­-MASSE is the answer, or at least part of it.

The fact remains that the black hole of debt will destroy the working and middle classes. These “contracts­” are not inviolable things; they were made during a *different era*, a *different economy*, and the ability to pay them back has evaporated­. Therefore, cancel student and other types of predatory debt, or the revolt en-masse will occur, and soon.

The momentum grows. Join us. Walk away from your debt instruments and help speed up the desirable collapse of the predatory banking system. Rebuild from there, under fair rules – responsible capitalism that recognizes the need for a economically strong workforce and middle class.

DEBTORS’ REVOLT – DEFAULT EN MASSE. The critical mass is closer than you think.

 

...And to the folks who will immediatel­y answer with "pay what you owe. end of story!", let me just preempt by answering that the analysis is more structural and macro in scope than that. It's not just a matter of whose "fault" it is - regardless of that, it's become a macroscale systemic distortion that, if allowed to continue, will prevent any sort of mobility in the long term. We, as a nation, need to simply suck it up, recognize that these contracts were made in what is essentiall­y a different economic era, and recognize that they are incompatib­le with the new situation. It has to simply be zeroed. 

And yes, it will cause widespread systemic collapse, but this will be temporary, we will adjust and rebuild, and will have cleansed out the massive DISTORTIONS that currently plague the system.

 

DEBTORS' REVOLT -- DEFAULT EN MASSE. The momentum grows. Spread it.

Sun, 10/23/2011 - 14:41 | 1802331 proLiberty
proLiberty's picture

A better scheme would be to just slowly ratchet up the reserve requirements on a published schedule for the bigger banks.  The bigger the bank, the more reserves they would be required to hold.  This would be orderly and self-liqudating over time.

 

Sun, 10/23/2011 - 15:16 | 1802404 TheAkashicRecord
TheAkashicRecord's picture

Agree.

The more a bank poses a systemic risk (the metrics of which can be debated), the higher tier 1 capital ratios the bank ought to have - disincentivize becoming "too big."

Sun, 10/23/2011 - 14:17 | 1802287 steelrules
steelrules's picture

This is what I'd do to save the economy.

A paralell currency.

Create 10 regional banks, fund them with 10 billion each of a new silver/gold backed treasury notes "executive order 11110" that they can then by law leverage up 10 times but no more.

This creates an alternate to the Federal reserve fiat and and sets the big banks on their well deserved course to the dust bin of history.

Sun, 10/23/2011 - 19:44 | 1802956 the grateful un...
the grateful unemployed's picture

way off base, in the first place why would you back your currency with gold if you were trying to destroy it? and once the genie is out of the bottle and other countries start backing their currency with gold the US will find that it has way too much paper out there, and not enough gold to make a difference. small countries with small amounts of fiat paper and large gold holdings would immediately lead in the race for the new reserve currency.

but its also impossible to run a reserve currency that way.

however if the US were to either implement the AMERO, and use the gold reserves from Canada and Mexico, that might work. i also propose that to count gold as reserves you merely have to identify it, you don't have to actually mine and assay the finished product. like oil "reserves"

or they might try floating the hard currency against the notional money. i think that would work, and also firewall the real economy, main street, from wall street, and if Congress would get off its ass and take control of the money supply they could do that, or something similar. in other words Bernanke could print all the "notional' money he wanted, but he would have to float that against the "hard" currency, and CONGRESS would control that, checks and balances

as for gold no one wants a strong currency, so no country is going to do that right now.

Thu, 11/10/2011 - 16:46 | 1867506 steelrules
steelrules's picture

wrong! there is plenty of gold it's just a question of price.

With the amount of fiat that's been printed / the total Toz held by all central banks we have a price of between $25,000 & $45,000 US /troy oz.

As for the Bernank and his band of banksters their fiat system would unwind as the Treasury would issue their own gold backed currency. 

Sun, 10/23/2011 - 09:36 | 1801577 Mr.Kowalski
Mr.Kowalski's picture

Here's whats needed-- a new constitution:

The Federal Reserve shall, each quarter, determine if there is a need to print more money. The growth in the money supply shall not exceed the growth in GDP. If money does need to be printed, it shall be distributed evenly to the people. Banks will need to then compete for capital from the citizenry. This will be the world's first bottom-up credit based monetary system.

http://themeanoldinvestor.blogspot.com/2011/07/kowalski-constitution.html


 

Sun, 10/23/2011 - 11:10 | 1801758 SilverDoctors
SilverDoctors's picture

Or, we could always return to using the Constitutionally required money- real silver!  Novel concept, right??

http://silverdoctors.blogspot.com/

Sun, 10/23/2011 - 10:52 | 1801684 TheAkashicRecord
TheAkashicRecord's picture

//Banks will need to then compete for capital from the citizenry. This will be the world's first bottom-up credit based monetary system.//

I like that idea; however, TPTB loathe anything bottom-up because bottom-up is the antithesis to the way power is distributed.  My opinion is that the nature of information today, and the fact that we have instantaneous access to the sum of human knowledge at our fingertips makes most hierarchical forms of government unnecessary for planning purposes (as much as in previous times this was true, it is even more true today in the context of technology enabling access to information).  

It's a similar argument that Hayek made concerning individual actors making better decisions than central planning because central planners do not have the information that market actors do, and pretending that they do is where folly starts.  The difference is, now, in terms of culture, his argument can be taken to another level because the actors have even more information and that information is widely distributed.  With that in mind, what benefit does central planning have when the same information is available to everyone?  In this circumstance, the system of central planning, more than ever, becomes a hinderance to human progress.  

Check this article out, from Iceland's president

http://tiny.cc/k9rsh 

 

"This so-called social media has transformed our democratic institutions in such a way that what takes place in the more traditional institutions of power -- congress, ministries, even the White House or the presidency and the cabinet in my country -- has become almost a sideshow," Olafur Ragnar Grimsson, Iceland's president, said in an interview with CNN on Thursday at the PopTech conference here in coastal Maine.

"I know it's a strong statement, especially coming from someone who spent most of his life within those institutions. But the power of the social media is, in my opinion, transforming the political process in such a way that I can't see any chance for the traditional, formal institutions of our democratic systems to keep up."

I think that the way power is structured is threatened by the contemporary nature of the way information is distributed.  This structure intrinsically knows this and is trying to grasp on to relevancy and preserve itself.  Sort of like in the death throes of a relationship where you try and grasp harder to salvage it, only realizing later that it was futile.  

Essentially, what we are seeing now is that the power structure of society and the way information is distributed and can be accessed are opposed to each other and societal friction is caused as a result.  When our institutions and power mimick the nature of information, harmony will be created as a result.  Reading the above article on Iceland, I think that they recognize that fact and are going down the right path.  

"Don't fight forces, use them"

Buckminster Fuller

The force of power is fighting the force of information, and will eventually lose, unfortunately, it will not go quietly into the night and will put up quite the fight.

 

Sun, 10/23/2011 - 14:22 | 1802299 JOAT
JOAT's picture

The pen has influence!

The sword, spear ,knife, gun! have definition!.

Never mistake words for purpose!

Demo's,marches,revolt,insurrection,

only feed the evil that they  are !

stock up on what you use,for a minimum of 60 days! & stay home.

When the truth unfolds there will be no more time left to, re-position your family !

Translate any savings into base coinage, 900/1000 silver . or your choice !

Caveat Emptor !

Sun, 10/23/2011 - 15:32 | 1802400 TheAkashicRecord
TheAkashicRecord's picture

The truth has been out there for quite some time for those who have tried and seek it, it's just that the bread is becoming stale and the circuses can no longer distract from real issues so even the non-seekers are becoming confronted with it.  The cost of maintaining the illusion for The State is becoming too great, the real rules of the game are becoming transparent, and govcorp's PR is becoming increasingly ineffective (ie "green shoots") as the reality in front of us offers a stark contrast to their branded message.  

I would like to think that people are waking up to the neofeudalistic society they have found themselves in, what neoliberalism is doing to wealth and power concentration, the influence of the military-industrial complex on the legislative process, and the impotent form of change that is realized through voting - though I may be just projecting some wishful thinking of my own there =)

 

Sun, 10/23/2011 - 04:23 | 1801436 macro-economist
macro-economist's picture

The mega-banks problem is a symptom and the root-cause is the current Protestant-inspired Anglo-Saxon capitalist model which took off around the turn of the 20th century:

"the have's have it because they are smart, and Jesus wants you to make money" ! ridiculous if you examine Jesus' lifestyle where he did not amass any wealth.....

Anyway, once the banks, over time, managed to control a lot of the financial strings to powerful governments, industry, etc. they began to exercise undue influence in the socio-political dimension. This problem started in the US and then easily spread to Europe and the European colonies around the continents so that by the time WW2 ended, the foundations for banks' mischief were set. In fact the early signs were present in late 1800s colonial Egypt as well where the British were keen to sell "bonds" through banks to the general public and so the banks and the Crown began to collude to ensure that the bonds would be sold no matter what.

All this talk of blaming Obama, etc. is nonsense. IF anything, Obama inherited this mess from the Republicans' 8-year Empire!

And let's not forget: there was a crisis in this country with respect to the banks  in the early 1980s and the hero of the GOP, Ronald Reagan, bailed them out and everyone said: "it's unAmerican, it won't happen again" and even the Banks said "sorry, we'll be more careful next time; thanks for socializing our losses this time around".

Alas: history does repeat itself.

Unless the lobby-power and disproportionate importance and obsession with money is broken, we'll keep finding ourselves in the same situation.

Heck: lobbying clouds our foreign policy actions at state and country levels so what's the big deal that it happens at domestic corporate levels!!!  

 

Sun, 10/23/2011 - 06:56 | 1801477 nmewn
nmewn's picture

Anglo-Saxon Protestant capitalist model?...the next question follows...what model do you prefer?

"sorry, we'll be more careful next time; thanks for socializing our losses this time around".

How many times do we have to bail out Chrysler...and why?

Why are taxpayers asked to subsidize solar and wind so that the connected can prosper?

When its subsidize what I want subsidized its ok...right?

Sun, 10/23/2011 - 18:57 | 1802879 earleflorida
earleflorida's picture

chrysler isn't even publicly owned to boot!

we bailed out everybody in the known universe except the u.s. homeowners,... and if we had taken that $13trillion sander's exposed and put it towards marking-down-to-market the good gse's, the public would be well lubricated and moving along quite nicely 

it all stinks to high heavens' 

Sun, 10/23/2011 - 19:19 | 1802918 nmewn
nmewn's picture

The homeowner (more properly said renter), the savers, the taxable income wage earners are never part of any positive equation...as they are the host for the parasites.

You do not own your home unless it costs you nothing except for its upkeep...painting etc. Try not paying your mortgage or your property tax bill and see who owns it ;-)

This is not to be snippy with you...this is to explain things as I see them.

Sun, 10/23/2011 - 07:57 | 1801505 macro-economist
macro-economist's picture

my dear hardcore tea party supporter,

Chrysler, GM, wind power, solar power crooks breed as much under the "evangelical protestant anglo-saxon model" as much as crooked bankers. Its a rotten system: if you have the connections and had the cash once, then you join an exclusive club that twists truth to coin terms like "Too big to fail", "key banks", "national security issue", etc. so that no one questions the under the table dealings.

US of A and not any particular industry in the USA are modelled on the protestant/capitalist ethic: work hard, make money, fund your evangelical church, and you are a model citizen. But Jesus wouldn't approve killing of the innocent and putting guns in the hands of 18-year olds! "hey, did you make money?" , "yes", "then its gotta be okay!

its this mentality that has to go. Industry regulators should be like technocrats and not pro-GOP or pro-Democrat: that has nothing to do with their civic duty to serve all Americans.

The problem is that "big boys club" (or until lately white boys club") think they can do anything they want because they have contributed to 200 years of progress in this country and so 50 years of screwing is okay in the grand scheme of things!

 

Sun, 10/23/2011 - 08:08 | 1801511 nmewn
nmewn's picture

What model do you prefer?...it was a direct question.

We can deal with your version of religion and what Mohamed might or might not approve later.

Sun, 10/23/2011 - 08:13 | 1801516 macro-economist
macro-economist's picture

I have clearly spelt out what needs to change - if you are too lazy to read through it or deduce the gist: that power-lobbying by industry should cease, then its your issue. I won't go to Fox News and feed them this so that you can get the dumbed-down version!

Sun, 10/23/2011 - 08:17 | 1801517 nmewn
nmewn's picture

"I have clearly spelt out what needs to change - if you are too lazy to read through it or deduce the gist: that power-lobbying by industry should cease, then its your issue."

Yes you have.

"All this talk of blaming Obama, etc. is nonsense. IF anything, Obama inherited this mess from the Republicans' 8-year Empire!"

Its all Bush's fault.

Sun, 10/23/2011 - 13:00 | 1802087 TheMerryPrankster
TheMerryPrankster's picture

You see the world through your own lens. If you are to discover truth, however beautiful or ugly it be, you must first abandon dogma.

Sun, 10/23/2011 - 16:26 | 1802532 nmewn
nmewn's picture

I just explained that to Mr."macro-economist."

Sun, 10/23/2011 - 01:03 | 1801291 Grand Supercycle
Grand Supercycle's picture

SP500 weekly chart shows megaphone wedge and looks bullish.

Market consensus became clearer on Friday so back to the original bullish analysis and SP500 weekly chart reverts to bullish/neutral.

MORE
http://stockmarket618.wordpress.com

Sun, 10/23/2011 - 07:05 | 1801482 Bendromeda Strain
Bendromeda Strain's picture

Yo Spamcycle - you really ought to go back to the Demon Clown Prophet avatar. It just felt so right for you... 

Sun, 10/23/2011 - 00:46 | 1801261 bill1102inf
bill1102inf's picture

A BAC branch office would make a super hot dungeon for S&M parties !!

Sat, 10/22/2011 - 23:30 | 1801173 High Plains Drifter
High Plains Drifter's picture

http://www.nytimes.com/2011/10/20/us/5-held-in-break-in-at-san-antonio-c...

http://www.opinion-maker.org/2011/10/media-and-the-us/#

5 israelis caught breaking into san antonio courthouse complex. possibly getting ready for false flag event............carrying french passports and claiming to be muslim moroccans.....yeh sure pal.

Sun, 10/23/2011 - 16:51 | 1802582 Bob
Bob's picture

Five young men were arrested early Wednesday morning in connection with a break-in at the Bexar County Courthouse here that raised fears of a terror plot but appeared instead to be a prank.

Sun, 10/23/2011 - 10:20 | 1801635 tamboo
tamboo's picture

theyre probly already on an el al flight back to tel aviv a la the 5 dancung israelis.

Israel's Mossad: Black Ops and False Flags
Sat, 10/22/2011 - 23:10 | 1801143 MFL8240
MFL8240's picture

Obama has no interest in fixing America, he is hell bent on detroying this country.  His plan is to become our dictator but underestimates what he is up against as do the big greedy banks.  

Sat, 10/22/2011 - 23:52 | 1801200 Vic Vinegar
Vic Vinegar's picture

No one here is a big fan of Barack.  But to say he is hell bent on detroying this country is a bit of an exaggeration.  I doubt he has much more of a plan other than when to sneak out for his next smoke.

Sun, 10/23/2011 - 10:32 | 1801665 tamboo
tamboo's picture

get a clue, go back and read that link to the protocols of the elders of zion.

Sordid Circumstances of Obama's Birth
Sat, 10/22/2011 - 22:59 | 1801115 Bansters-in-my-...
Bansters-in-my- feces's picture

Well the bare mininun that should be done to TBTF's is to lay some CRIMINAL chareges as needed,against TBTF's and the SEC,and the CFTC.And have them tried and conVICTED FOR THIER CRIMES.

This would be a good start before breaking them up,so the truth would come out(or some resemblance) in the court hearings.

And then bust thier A$$'s up,along with the Non Federal No Reserves banks..

Ps....

FUCK YOU TBTF's and Benny and Tiny Tim....!!!

Sat, 10/22/2011 - 22:57 | 1801109 mayhem_korner
mayhem_korner's picture

 

 

Coming soon to a theater...er, bank, near you

FIAT RUN  ("Raided" PG)

Sat, 10/22/2011 - 22:55 | 1801107 mayhem_korner
mayhem_korner's picture

 

 

Narrow the list to those who made this call in 2008.  Then do it again for those who made this call during the bubble-blowing 1990s.  And one last cut for the truly clairvoyant who spoke up when we broke away from the gold in Nixon's reign.

I just have to LOL at the notion of "orderly" break up of these institutions.  C'mon now...

Sat, 10/22/2011 - 21:55 | 1800999 Justawhoaman
Justawhoaman's picture

I'm a newbie here. In the 80's, I was married to an American Options Exchange seat holder and spent my days watching the ticker tape and the news to warn him of the rumor... This was just as the computer was starting to affect the market. The people everyone hates to hate were just figuring out how to turn puts and calls into derivatives... They were simply bridge players.... Poker players in the biggest casino of all.

Thank you GW for this enlightenment... If only it was possible. The fact that we have have allowed all the illegal crap to carry on like business as usual, an ignorant usurper in the WH and idealists our fathers would have prosecuted, if not put on trial and executed, long ago in Congress who pass laws allowing the BAC and other banksters to steal from all of us... Well...

The future will be interesting if not challenging...

Sat, 10/22/2011 - 23:02 | 1801122 mayhem_korner
mayhem_korner's picture

The fact that we have have allowed all the illegal crap to carry on like business as usual, an ignorant usurper in the WH and idealists our fathers would have prosecuted, if not put on trial and executed, long ago in Congress who pass laws allowing the BAC and other banksters to steal from all of us...

 

Don't forget that these people were elected, or appointed by those elected.  They are not random outcomes.

Sun, 10/23/2011 - 18:46 | 1802855 earleflorida
earleflorida's picture

check out the manufacturer's such a diebold, and where they outsource -

then check out who writes the source codes -

check-out absentee balloting, and how an election can be called before the first electronic ballot is 'sent' to the trash bin,... it works wonders in local regional elections, and was perfected by governorr gerry from massachusetts [1812], called redistricting/ gerrymandering because it looked like a salamander when originally drawn  up - (impossible to lose an election once nominated, how democratic?)

lastly, the electronic 'gaming' machines are woefully inadequate, and easily corrupted,... time to go back to paper ballots and wait it out - that is true voting democracy called trust & verify! 

Sat, 10/22/2011 - 23:59 | 1801204 Justawhoaman
Justawhoaman's picture

Maybe... But the generational brainwashing has gotten so absurd that these criminals think they are entitled to trash the rule of law; that election fraud IS the rule so that appointing tax cheats and ivy league socialists to make decisions is neither random nor legal; and that covering up the facts with doublespeak makes TPTB think we are all too stupid to know what is happening....

I personally am glad to find this group that proves them wrong.

Sun, 10/23/2011 - 16:51 | 1802581 mayhem_korner
mayhem_korner's picture

 

 

How do you know what these criminals think?  Unless you are one of them, I believe you overstate what you know about "them," whomever you believe "them" to be.

(BTW, I'm not defending anyone.  I'm just pointing out the void of precision and definition in all of the rage.)

Sat, 10/22/2011 - 20:22 | 1800773 UP4Liberty
UP4Liberty's picture

Hey GW,

Thanks for this information - and all of the effort you are making to bring these facts to light.

Have you heard about Harry Markopoulos?

Check this out:

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/10/8_Harry...

As Eric King states, "Harry is a modern day "Elliot Ness", and his team the modern day "Untouchables".

We have to be UNRELENTING in our intellectual assault on these a**hats.

On behalf of my family and my children - thank you!

Sun, 10/23/2011 - 07:13 | 1801485 Bendromeda Strain
Bendromeda Strain's picture

Yes - the top/bottom ticking of institutional orders is grand theft from pensions, etc.

Sat, 10/22/2011 - 19:23 | 1800649 JustACitizen
JustACitizen's picture

If the "TBTF" banks needed "scale" to compete globally (as they have said many many times) - they should be asking the "global customers" to freakin' pay for those services and size. All of the true believers in free market capitalism should be able to agree on that...

"F" these companies - their shareholders - their bondholders and anyone else that acts on their behalf. Honestly - I am tired of hearing about the blood sucking low life scumbags.

Sat, 10/22/2011 - 19:16 | 1800622 Earl of Chiswick
Earl of Chiswick's picture

this is interesting out of Canada MSM

Arab Spring?

 

http://www.globaltoronto.com/qampa+the+future+of+the+arab+spring/6442506...

On Libya and the death of Q

Everything.  Everything died with him.  And this is what is barbarity.  This is not civilization.  I’m saying look at what they are doing to black Africans in Libya.  They’re shooting them on the street.  Look at what happened in Egypt.  They’re killing Christians.  What sort of Spring is this?!  And what sort of Western talking heads on television can’t a utter a simple word that ‘We’re outraged… at this slaughter.’  It seems nobody is.  Which suggests to me that in the West they’re practicing the racism of lowered expectations.  Basically saying, ‘Well, Arabs are basically not human beings so why should we hold them to the same standards as we hold ourselves?’.

 

I think there will be far more chaos than Obama can manage.  There’s nothing there.  The Muslim Brotherhood and the Islamists have billions of dollars.  The jean-clad, western secularists have to worry about their girlfriends, and their New York Yankee hats and every silly stuff, and Twitter and Facebook.  While the real world is moving on.  All these guys will come back to New York, and Boston, and Toronto and say, ‘Oh, we went there for sabbatical and had fun in Cairo.’  While the Muslim Brotherhood is deeply entrenched.  Not a single black face in all of Arab Spring.  What does it say to you?  20% of the Arab population is black, but you can’t see a single black face.  It’s a completely racist movement.   It says non-Arabs in the Arab Spring have no rights.  IF you’re Bangladeshi, Filipino, Indonesian…you have absolutely no rights.  This is worse Apartheid.  That’s why Africans are fleeing Libya, dying in the Mediterranean, to get to Italy or to Israel.

© Shaw Media Inc., 2011. All rights reserved. Read it on Global News: Global Toronto | Q&A: The future of the Arab Spring?
 
Sun, 10/23/2011 - 06:49 | 1801475 macro-economist
macro-economist's picture

What a load of racist crap and propoganda!

Did you see pictures of people celebrating in Tripoli: there were hundreds of black people waving Libyan flags and celebrating side by side with their berber brothers.

The real reason behind the nonsense is clear:

1. Who supported tyrants like Hosni Mubarak, Saddam Hussain and Baathist secularist dicatoars in Syria? : Western democratic govts. spearheaded by the USA.

2. Why? because like it or not, all these secularists promised the US that they would keep Iraq, Egypt, Syria, etc. free from "Muslim" "Islamist" government (regardless of people want!) Even Qadhafi in March said that he was fighting rebels who want to turn Libya into an Islamic State (a ploy he tried in vain to get Western support!)

3. Who supports the Tunisian and Algerian secularists generals who annulled elections as they pleased? Answer: US and the EU, etc.

So, yes, the right-wing West is worried but not becasue of the nonsense you put here but becasue the plan to keep the free will of the people caged has tumbled: there is no single charasmatic leader inspiring the Arab Spring but the general masses who said enough is enough. And you'd be surprised as to how many average Arabs (regardless of race) on the street know who put dictators in power in their countries, and why! I have been to coffee shops in Cairo and people mention how successive US administrations talked about Mubarak being a "key asset for the USA in Middle East" while he won elections with 95% electorate voting for his guys!!

So better to abandon such lies and face reality: you reap what you sow. The people had 4 decades of this crap and now they are rising up.

I am sure those who subscribe to or believe in such  proponganda felt as insecure when the African-Americans in USA won civil rights and equality!

 

Sun, 10/23/2011 - 08:44 | 1801535 Bendromeda Strain
Bendromeda Strain's picture

So better to abandon such lies and face reality: you reap what you sow

Dear Islamist tool - do not let the mask slip again or your brothers may deal with you harshly. The Pew reports coming out of Egypt are incontrovertible. The Copts are in danger, and anyone who denies this is a deceiver who spreads lies and denies reality.

Sat, 10/22/2011 - 19:08 | 1800612 honestann
honestann's picture

Don't break them up, destroy them.  Hang all the executives for treason, massive theft/fraud and crimes against humanity.  Then effectively put any assets through a bankruptsy process that is prevented from obligating or taking-from taxpayers (via any government).  This is the only kind of "broken up" that makes sense - to sell the assets to whoever offers the highest price, and FIRST pay off any taxpayer obligations, bailouts or loans.  Take all assets of all current and past executives and divide equally to all adults or all living humans in the country.

Sat, 10/22/2011 - 22:29 | 1801051 fleur de lis
fleur de lis's picture

So let me understand this -- the perps who set this up and systematically looted every treasury and money source they could get their grubby hands on are all of a sudden advocating the break-up of the banks that they set up for systematic looting? Did I get that right?

Then they want to manage the system that follows?  Why is anyone listening to them?

 Better yet, why are they not banned from the industry since it is abundantly evident that they set up these banks for the sole purpose of looting them?

Or maybe looting is now legal? Please reference which law.  Can everybody loot or does it need a permit? Does loot get taxed?  Is looting restricted to banks or does it apply to anything not nailed down?

I'm confused. Someone please explain. 

 

Sun, 10/23/2011 - 01:16 | 1801314 honestann
honestann's picture

I'm not sure - maybe you accidentally posted your message as a reply to mine.  If so, I'm not sure how yours relates to mine.

The perps should be hung, not listened to, not allowed to "solve the problem", not allowed to do anything except hang from trees until their bones turn to dust.  That would also have the effect of banning them from their industry, or any industry, or any activity, or any further abuse of their fellow human.

I hope you don't need to be told WHY these cretins deserve to be hung.  They are the perps, as you said.  The entire financial system IS IS treason, IS fraud, IS criminal, IS organized crime, IS crime against humanity, IS an attempt to enslave the entirety of mankind for the benefit of those who control government.  If that isn't justification for the death penalty, nothing is.

Sun, 10/23/2011 - 10:45 | 1801695 tamboo
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