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On This Day 70 Years Ago: Fighting Inflation And Hitler

Tyler Durden's picture


"History may not repeat itself but it does rhyme"

h/t Nolsgrad


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Mon, 10/01/2012 - 11:18 | 2845133 Heart of Gold
Heart of Gold's picture

Don't worry Tyler, as you can see: the newspaper will always have a sports section.

Mon, 10/01/2012 - 11:19 | 2845140 CPL
CPL's picture

Last time the Yankees won something.  

Mon, 10/01/2012 - 11:25 | 2845173 derek_vineyard
derek_vineyard's picture

yankees = sports entertainment inflation  

end the fed and the yankees

Mon, 10/01/2012 - 11:30 | 2845190 Pladizow
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"The studious examination of the past in the greatest of detail does not teach you much about the mind of history; it only gives you the illusion of understanding it." - Nassim Taleb

"History is a gallery of pictures in which there are few originals and many copies."  - Tocqueville.

Mon, 10/01/2012 - 11:52 | 2845273 Badabing
Badabing's picture

Today the news stand price of the NYT is $250 Monday –Saturday  this front page shown is 3 cents.

Any questions?

Mon, 10/01/2012 - 12:17 | 2845350 ebworthen
ebworthen's picture

The cost of a cubic yard of manure has gone up?

Mon, 10/01/2012 - 12:20 | 2845361 Bicycle Repairman
Bicycle Repairman's picture

OK.  Now we're talking Hitler.  Now we're getting somewhere.

Mon, 10/01/2012 - 12:42 | 2845424 economics9698
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Yankees-When your guys own the printing press your guys always win.  Must be a bad omen, Cardinals won 4-1.


Mon, 10/01/2012 - 12:53 | 2845502 markmotive
Mon, 10/01/2012 - 13:36 | 2845707 Abiotic Oil
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And Hitler got a lot of his ideas from the US eugenecists such as Henry Ford, Prescott Bush, Margaret Sanger, etc.

Mon, 10/01/2012 - 16:08 | 2846337 Bicycle Repairman
Bicycle Repairman's picture

And just plain Hitler!!!  Booyah!!!

Mon, 10/01/2012 - 13:11 | 2845595 LMAOLORI
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A lot of similarities

Obama's tyrannical Executive Orders

DNA tests reveal 'Hitler was descended from the Jews and Africans he hated'

Read more: 

Hitler had Jewish and black ancestors, according to DNA research.

Read more:

A time of hoarding and inflation fears, 1930s edition

Mon, 10/01/2012 - 11:53 | 2845276 Unprepared
Unprepared's picture

Hi(s side of the )story - Me

Mon, 10/01/2012 - 11:52 | 2845277 kridkrid
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“History is a set of lies agreed upon.”

? Napoleon Bonaparte

Mon, 10/01/2012 - 12:01 | 2845295 DaveyJones
DaveyJones's picture

Modern history is a gallery of food and pictures digitally produced to poison the public - Tokeville 

Mon, 10/01/2012 - 13:47 | 2845623 earleflorida
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'history... the allusion of a cosmological constant-- where "time", the greatest  illusionist of all, is but a parsed out passion play-- an expanding, yet paradoxical collapsing manuscript on mankind's finality,... this culminating collage of genetic junk-- the period of loosely juxtaposed dimensions so lacking in intelligence the master cries out with utter remorse for his creation's lack of natural-telepathy-- faith in the unknown which passes its radiance through our being... never to scar our binnacle moral compass of passive navigational emotions, but neglected always by the ambiguities of a myopic reality-- a reality we mighty humans call our rightful inheritance, in an infinite universe filled with coagulating quirky dust-- indeed,  made from our missteps on a dust-bin some now call earth some millennium's ago-- but still... a rather amusing passion play... tragically be all, when all have exited the stage-- thus,  myr's  from now there will be a new cast of clay to mold, thus avoiding the mud?...whilst again musing the creator,... but perhaps in a more refined, 'sine`qua non' way?'

just musing :-))

thankyou tyler    

Mon, 10/01/2012 - 11:30 | 2845201 Dr. Richard Head
Dr. Richard Head's picture

End the socialization of professional sport stadium construction and the league would end itself. 

Mon, 10/01/2012 - 11:56 | 2845286 j0nx
j0nx's picture

Then the retards who watch pro sports would have nothing to prattle on about at the water cooler on Monday. They might actually *gasp* have to talk about inflation or crooked politicians or thieving banksters and we can't have that now can we. Making us spend our own money to preoccupy ourselves with stupid shit so we won't come after them with boiled rope is the biggest con of all.

Mon, 10/01/2012 - 12:37 | 2845425 Arthor Bearing
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I can't agree, if there's one thing Americans can do well it's distract themselves. 600 more channels, drugs, alcohol, or even obsessive construction of conspiracy narratives based on but little proof (but nobody here would know anything about that...).

I'm like 2/3 through Infinite Jest so that's where this little riff came from.

Mon, 10/01/2012 - 16:20 | 2846383 janus
janus's picture

great book...truly a modern masterpiece.

PS.  this good ole boy from down dixie-way is looking forward to learning a bit about hockey this year.  i may even try ice skating for the first time.  i imagine i'll be a starting 'center man' (see, i'm already learning some positions) in the Bs 2014 stanley cup campaign.  should be wicked awesome.

Go Bruins!  (never, ever thought i'd say such a thing)

Go NCAA champion BC eagles.

hockey is so cool it's cold.


Mon, 10/01/2012 - 17:41 | 2846599 TheAlchemist
TheAlchemist's picture

You might also read "Amusing Ourselves to Death".

Mon, 10/01/2012 - 12:03 | 2845305 DaveyJones
DaveyJones's picture

If the outfield kept up with the salaries, no one could hit it out

Mon, 10/01/2012 - 12:08 | 2845319 Darth Mul
Darth Mul's picture

Well, Jeter was in his mid-30s and could move to his left back then...

Mon, 10/01/2012 - 13:11 | 2845596 ParkAveFlasher
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He was useless up the middle since age 33. 

Ichiro was brought on board so Jeter could perfect hitting the other way.  That's what you have to do if you don't have any bat speed left.

The only reason I have cable TV is to watch the Yanks.

Pro sports is the imminent distraction and money laundering operation of our time.  Cash flows freely through these union-constructed engines. 

You spend money to watch an event.  You trade your own labor time for your own leisure time.  You buy watery beer at 15x cost of production.  You buy licensed garments for a similar upcharge.  And you promote for the teams.  You make your children into fans.  You perpetuate the myths.

Mon, 10/01/2012 - 11:19 | 2845134 Abraxas
Abraxas's picture

Fashism and inflation. Nothing changed for 70 years.

Mon, 10/01/2012 - 11:29 | 2845175 DormRoom
DormRoom's picture

Iran + hyperinflation  = nothing to lose.  The blowback will be epic.  Imagine Iran attacking Saudi Arabia to control Gulf oil, and gaining leverage against US.

Mon, 10/01/2012 - 11:29 | 2845195 kaa1016
kaa1016's picture

That's the whole point. Cause a civil war or make them hit first giving the U.S. an excuse to hit back 100 times harder in the name of regime change and "democracy".

Mon, 10/01/2012 - 12:09 | 2845327 DaveyJones
DaveyJones's picture

Well said. It's what the backroom boys want but, in the end, the only thing they're going to hit a hundred times harder is a wall.

Mon, 10/01/2012 - 11:30 | 2845197 Xibalba
Xibalba's picture

Russia, China, Pakistan, and a plethora of others would LOVE to see that happen.....

Mon, 10/01/2012 - 12:28 | 2845297 Temporis
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Video game called Homefront was produced in 2010... In it the Korea's unit due to world events and go on a rampage to take over the United States some time around 2024.

One of the senarios in 2015 is a war with Saudi Arabia and Iran. Gas prices to the moon!

Funny how this game predicted Kim Jung il's death. (Full video)

Mon, 10/01/2012 - 12:39 | 2845438 Maghreb
Maghreb's picture

Yeah its everywhere man. Battlefield 3 was pushing this invasion and occupation of Iran theme. Clancy always said it was inevitable in his fantasy worlds he pretends like most of Africa and the ME won't even exist 50 years from now. They all do, its a race thing. Shit even fucking Transformers attacked Iran. Its the media pushing the publics mind towards a certain outcome. Was the same with Iraq before.

Homefront's interesting though. No one has the balls to come out with the scenario of a War between China and America. Partly because the Chinese would ban it and go after the publishers as they have done with anything that looked badly at China. They banned a Command and Conquer Game over its depicition of China. Thats what Homefront was really getting at but didn't have the balls to say.

Mon, 10/01/2012 - 12:46 | 2845468 summer09
summer09's picture

Exactly right Maghreb.  About the remake of "Red Dawn" coming soon, Wiki reports: The invading army was changed from Chinese to North Korean in post-production.

Mon, 10/01/2012 - 13:01 | 2845545 killerhertz
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It's a good thing they all look the same. But I still find the asian extra sexy.

Mon, 10/01/2012 - 13:44 | 2845745 Abiotic Oil
Abiotic Oil's picture

Upcoming war with China movie, Dragon Day.

When an out-of-work computer engineer, Duke Evans, relocates his weary family to a remote mountain community, their hope for the American Dream is shattered as planes fall from the sky and all power, communication and transportation comes to a halt.  Caught in an unprecedented cyberattack where all “Made in China” computer chips have unleashed a secret virus that destroy the U.S. infrastructure, Duke and his family must use all their wits and the unlikely help of an illegal immigrant to survive this frightening scenario where food and water become as scarce as their dwindling freedom.

Mon, 10/01/2012 - 12:40 | 2845440 CommunityStandard
CommunityStandard's picture

The number of kill the Muslim terrorist video games is staggering.  Americans are raised to go to war.

Mon, 10/01/2012 - 13:35 | 2845703 rosiescenario
rosiescenario's picture

...that way handling drones becomes second nature...

Mon, 10/01/2012 - 17:56 | 2846636 oddball
oddball's picture

Right, by sitting on their fat asses playing with their thumbs, "look at the red mist".  Spartans were raised to go to war.

Mon, 10/01/2012 - 11:19 | 2845136 Mr Lennon Hendrix
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Mark Twain

Mon, 10/01/2012 - 11:51 | 2845272 Unprepared
Unprepared's picture

Mawk Train?

Mon, 10/01/2012 - 12:04 | 2845309 Doomer
Doomer's picture

History rhyming

Mon, 10/01/2012 - 11:19 | 2845137 rustymason
rustymason's picture

Who were the central banksters in Europe and America at that time?

Mon, 10/01/2012 - 11:40 | 2845243 JR
JR's picture

“While Paul Warburg was making America safer for financiers (the Federal Reserve System),” writes John Weir in a review of Ron Chernow’s 820-page, The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family, “his older brother, Max, was busy in Hamburg helping finance construction of Germany's new merchant fleet through the HAPAG company. Because the Warburg family fortune was built on financing international trade, Max Warburg naturally sought to encourage the growth of such trade. For the same reasons, international bankers encouraged the removal of tariffs and other trade barriers…”

Max Warburg, head of the German Secret Service in WWI, headquartered the family banking house in Hamburg.

Writes Weir: “When Hitler came to power in January 1933, Max Warburg was Germany's most prominent Jewish banker (who had represented Germany at the Paris Peace Conference that negotiated the Treaty of Versailles signed in 1919). He headed Germany’s most important private banking firm, and was a member of the ‘general council’ of the nation's central bank. In March 1933 he approved Hitler's decision to name Dr. Hjalmar Schacht as president of the Reichsbank. The document naming Schacht to this post is signed by Chancellor Hitler and President von Hindenburg as well as the eight members of the Reichsbank ‘general council,’ including  Mendelssohn, Wassermann and Warburg…

In 1936… (three years after Hitler took power), the M. M. Warburg bank in Hamburg was still profitable. Among other lucrative connections, it was still disbursing interest payments to bondholders for the giant Friedrich Krupp company of Essen. As Siegmund Warburg wrote in July 1936: "M. M. W. and Co. are still remarkably untouched by the Nazi situation and the business is doing well." Even in 1938, notes Chernow, the Warburg bank was turning a profit.

In 1938, Hitler occupied Austria; in 1939, Max Warburg was allowed to sail to New York, funds intact.


Mon, 10/01/2012 - 11:19 | 2845138 vmromk
vmromk's picture

Me thinks.....Bernanke is the new Hitler.

Mon, 10/01/2012 - 11:40 | 2845207 Temporalist
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No, every war has a financier.  That is Bernanke.  Infinite money is infinite war.  Check back to 1913.

Mon, 10/01/2012 - 11:57 | 2845289 kridkrid
kridkrid's picture

Nope. We need darker days to rally behind our hitler. Of course, he will be a uniquely American version, but in the important ways, they'll be the same.

Mon, 10/01/2012 - 12:16 | 2845345 Dr. Engali
Dr. Engali's picture

Our Hitler is in office...he is just getting warmed up.

Mon, 10/01/2012 - 13:00 | 2845540 Spastica Rex
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Mon, 10/01/2012 - 13:08 | 2845569 kridkrid
kridkrid's picture

In a way, it doesn't really matter. The likelihood that he is on the way is all that really matters. That said, I don't think BO is the guy. Our hitler will need to be the jingoistic populist who unites poor white democrats and poor whit republicans. Not as hard as this may seem, but tough, I think, for BO pull off.

Mon, 10/01/2012 - 13:10 | 2845585 DaveyJones
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Hitler wears a corporate logo now and unlike the carpet chewer, he sucessfully invaded most of the world.

Mon, 10/01/2012 - 13:31 | 2845686 LMAOLORI
Mon, 10/01/2012 - 11:19 | 2845139 Dr. Engali
Dr. Engali's picture

The Yankees beat the Cardinals?

Mon, 10/01/2012 - 11:20 | 2845142 Sockeye
Sockeye's picture

"Unions Not Vital Admiral Asserts"

Mon, 10/01/2012 - 11:21 | 2845143 rustymason
rustymason's picture

If Hitler could have beaten Russia, we might could have defeated communism before it spread to the West. We backed the wrong horse.

Mon, 10/01/2012 - 11:26 | 2845179 ThirdWorldDude
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Who's 'we'?

Mon, 10/01/2012 - 11:51 | 2845209 Abraxas
Abraxas's picture

You know, WE! The free world. The rightous ones. The only ones that ever mattered. The West is the best, get here, and we'll do the rest...

edit: Do I have to specifically indicate the sarcasm, or is it obvious? Whatever.

Mon, 10/01/2012 - 11:29 | 2845196 SmackDaddy
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I've heard from the pro-slavery and pro-Sharia factions of ZH.  Now I'm about to meet to the pro-Nazi.  I've got to stop getting sucked into these stupid fucking comments...

Mon, 10/01/2012 - 12:03 | 2845306 kridkrid
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Careful how you read what people write. Not defending the original post, but history is written by the winners and is never as black and white as our hive mind wants to believe. What if it's never good vs evil, but some variation of evil vs. evil? Did we really "defeat fascism" when hitler was defeated?

Mon, 10/01/2012 - 12:30 | 2845394 Urban Redneck
Urban Redneck's picture

Where is the pro-slavery crowd on ZH?  Is it possible for a human mind that is capable of posting grammatically functional text to the internet to also be so stupid as to not comprehend the difference between being pro-XXX  & pro-Slavery?

Lincoln's first inaugural (I'll skip what he actually thought, wrote, and spoke of black people for now)-

I understand a proposed amendment to the Constitution -- which amendment, however, I have not seen, has passed Congress, to the effect that the federal government, shall never interfere with the domestic institutions of the States, including that of persons held to service. To avoid misconstruction of what I have said, I depart from my purpose not to speak of particular amendments, so far as to say that, holding such a provision to now be implied constitutional law, I have no objection to its being made express, and irrevocable.

Mon, 10/01/2012 - 13:29 | 2845678 Darth Mul
Darth Mul's picture

No, I get what you're saying.


I take your point.


Apologies to the top poster, I did anticipate and infer more than I simply read and understood.



Mon, 10/01/2012 - 12:34 | 2845414 Darth Mul
Darth Mul's picture

You know what the definition of being a hypocritical shitbag is?


It's showing everyone what a great guy you are by proclaiming how much you hate Nazis, then defending the Nazi-esque shit the Zionists have been doing since they began colonizing Palestine via terrorism and ethnic cleansing, and began hijacking the American government since 1913.


Kindly entertain the notion that you are full of shit - the sort of dime a dozen twat who would unequivocally condemn Muslims or Christians for doing what Israel/Jews do as a matter of state policy.



Mon, 10/01/2012 - 11:41 | 2845248 Winston Churchill
Winston Churchill's picture

Hitler attacked Russia for it resources.

Communism,not so much.

Mon, 10/01/2012 - 12:34 | 2845413 JR
JR's picture

Here in a speech by Goebbels is an example of how the National Socialists used an appeal by revealing the truths of communism as Russian Communism was poised on the German border with a battering ram.

From a speech by Goebbels delivered in Nurnberg on September 13, 1935, at the Seventh National-Socialist Party Congress, entitled Communism With the Mask Off  :

“International communism would entirely do away with all national and racial qualities which are founded in human nature itself; in property it sees the most primary cause of the break-down of world trade in the capitalist system. 

“Accordingly it exploits this through an extensive and carefully organized and brutal system of action, setting aside personal values and sacrificing the individual to a hollow mass-idol that is only a travesty of actual life itself.

“At the same time it ignores and destroys all the idealistic and higher strivings of men and nations, through its own crass and empty materialistic principles. On the other hand, National Socialism sees in all these things—in property, in personal values and in nation and race and the principles of idealism—these forces which carry on every human civilization and fundamentally determine its worth.

“Bolshevism is explicitly determined on bringing about a revolution among all the nations…the Bolsheviks carry on a campaign, directed by the Jews, with the international underworld, against culture as such. Bolshevism is not merely anti-bourgeois; it is against human civilization itself…

“And where it has had the opportunity of practicing its theories it has created ‘The Paradise of the Workers and Peasants’, in the shape of a fearful desert of starving and hungering people…

“Millions of workers on hunger-wages such as are not thought of in western Europe, millions of afflicted and sorrowing peasants who have been robbed of their land, which is being completely ruined by the stupid experiment of a paralyzing collectivism, famine which claims millions of victims year after year in a country of such vast extent that it might serve as a granary for the whole of Europe,* the formation and equipping of an army which, according to the claims of all leading Bolshevists, is to be used for carrying out the world revolution, the brutal and merciless domination of the madly-led apparatus of State and Party at the hands of a small terrorist minority which is mostly Jewish…rings with the story of nameless suffering and indescribable hardships borne by a nation of a hundred-and-sixty million people…

“This propaganda starts out from the principle that the end sanctifies the means, that lies and slander, the terrorizing of the individual and of the mass, robbery and burnings and strikes and insurrection, espionage and sabotage of armies can and ought to be made use of, and therewith the aim of revolutionizing the whole world…”

*In pre-War days Russia was often spoken of as “the granary of Europe.”

Mon, 10/01/2012 - 13:22 | 2845643 ParkAveFlasher
ParkAveFlasher's picture

"Socialists", "Communists, "nazis", etc, those are only terms that modify the concept of clan warfare.  They have no meaning other to set the boundaries of a particular mob for organization and employment by a mob leader as seperate from other mobs.  Marx's communism is moralistic and Christian.  Nobody practices it.  It's a Chocolate Factory of idealizations.  

The darkest human collective forces pool around these spots in the conscious and the words come to mean nothing as they were defined originally.  

I say "modify clan warfare" because the suggestion is that there is some moral goal to unite forces beyond your blood relations.  This is why the morality touted by these movements withers in spite of great undertaking and investment of energy.  It is a paradox in Darwinian terms.

Mon, 10/01/2012 - 12:38 | 2845428 Darth Mul
Darth Mul's picture

Nope.  He attacked russian because he believed Russia was going to attack Germany and Europe.


It turns out, the Soviets invaded and occupied and oppressed and murdered dozens of nations and tens of millions of people.   German Jews were a sort of Bolshevik 5th Column as most of the early {pre-Stalin} bolsheviks were Jews... remarkable given they were under 2% of the population.


In fact, in Munich, before Hitler rose to power, there was a communist insurrection of sorts.  Most {but not all, for sure} of th eleaders were Jews.

And no - I'm not defending national socialism.  What I'm claiming is largely jewish bolshevism was worse, and it should be obvious that the Soviet scheme was to invade and occupy as much territory as possible.


The Finns, the Eastern europeans, the people in the Caucuses and in Central Asia all got to see firsthand what the intent of Soviet Bolshevism was.

Mon, 10/01/2012 - 13:47 | 2845752 giddy
giddy's picture

What is it about people who can't comprehend that war is fought about survival?  At some point even the money-hoarders are subject to realities on the ground.  

How does it go so awry?  How do ordinary citizens -- reasonable and decent people -- who work and save and pay taxes -- react when they see their lives and their children's lives destroyed in a few short years?  Where a small group of central bankers make decisions predicated by breathtaking ignorance and greed.  For ordinary citizens it hinges on survival.  Reality becomes "human life is a zero-sum-game".   "Elites" like Warburg set up the game.  And force everyone else to make stark choices.  They do it to themselves...

Mon, 10/01/2012 - 12:15 | 2845342 Darth Mul
Darth Mul's picture

The  Communists {in Russian occupied territory and in Red China} killed far, far more people than the Nazis did.


And most of the early Bolshevik leaders were Jewish.   Actually, Mao met with and got financing from Jews.


But the Nazis killed Jews, so, that's all you'll read about.

Mon, 10/01/2012 - 12:39 | 2845436 Totentänzerlied
Totentänzerlied's picture

Western financiers backed Lenin and Trotsky, and the Bolshoi, and eventually the Soviet Union itself, then Stalin took over and they lost control after the purges. Part of the purges' intent was to eliminate Jewish influence on the Soviet state; it didn't really work.'_plot

Mon, 10/01/2012 - 14:17 | 2845914 Randall Cabot
Randall Cabot's picture

"Western financiers"? LOL

Mon, 10/01/2012 - 12:42 | 2845442 Darth Mul
Darth Mul's picture

there's absolutely no question that Russian and Chinese communists were responsible for more deaths than German National Socialism or even, to date,  American imperialism.


Of course, 80% of the country believes that angels exist, so perhaps its too much to expect that people grasp that WWII wasn't about good versus evil, but about various evils fighting it out and getting lots and lots of people killed due to their greed, arrogance, and megalomania.



Mon, 10/01/2012 - 11:21 | 2845148 Dr. Engali
Dr. Engali's picture

I thought we were fighting deflation?

Mon, 10/01/2012 - 11:24 | 2845166 EscapeKey
EscapeKey's picture

We've always been at war with deflation.

Mon, 10/01/2012 - 11:37 | 2845233 resurger
resurger's picture


Mon, 10/01/2012 - 11:44 | 2845256 Dr. Engali
Dr. Engali's picture

Inflation ,deflation, Eurasia Eastasia...I'm so confused.

Mon, 10/01/2012 - 13:05 | 2845557 machineh
machineh's picture

Take an Efamol and call me in the morning.

Mon, 10/01/2012 - 12:46 | 2845471 Raymond Reason
Raymond Reason's picture

Deflation is the poor man's friend, the rich man's enemy. 

Mon, 10/01/2012 - 11:30 | 2845189 MachoMan
MachoMan's picture

We are.  There were many posts on the "great depression" thread a few days ago regarding how ben is replaying the old depression playbook...  all those posts are incredibly wrong.  Ben is a student and fully understands all the mechanisms at play (again, no one has better access to real data).  Where previous laws and policies fell short or played into the hands of a deflationary episode, ben is keeping his foot on the gas pedal.  Where there was previously primarily only currency scarcity in the hands of J6P, today there is both scarcity and, moreover, devaluation.  It's actually worse...  and we're not done yet.

I think it would be fair to question the inevitable outcome...  and there may be a significant deflationary episode prior to lift off...  but, ben isn't going to replay the old playbook...  he hasn't thus far. 

Mon, 10/01/2012 - 11:46 | 2845260 TrustWho
TrustWho's picture

Ben is a student and fully understands all the mechanisms at play 

Daddy Bernanke does not know. Wealth was loss in Great Depression and the Fed's monetary policy was relatively tight. There is the possibility when such great wealth is loss, this economic hole can never be filled. Bernanke has decided to fill this hole with enourmous liquidity, but the best you can say is Bernanke is executing an experiment.

Second, no student ever understands all mechanisms. Book sense can never replace actual practice that creates real knowledge. Bernanke has little real knowledge.  

Mon, 10/01/2012 - 12:02 | 2845304 GoldenTool
GoldenTool's picture

The people behind brother ben are no students.  All your base are belong to us.  This will be uncharted waters and wealth has little to do with it.

Yes I down arrowed you.

"Do unto others."

Mon, 10/01/2012 - 12:23 | 2845335 MachoMan
MachoMan's picture

You're reading too much into the comment...  Ben understands the mechanisms that lead to the great depression... and how our policy actions impacted the situation.  Nowhere do I claim that ben is omniscient.

Ben is executing an experiment, to a certain degree, in that all of the variables we're experiencing, have not been previously in place at the same time, all things considered.  However, from a broader perspective, we're not re-inventing the wheel.  Ben is simply attempting to use what tools are at his disposal to avoid the same response as the past, knowing full well the risks of his gambit (e.g. currency destruction).  He has a mandate...  and he was selected to follow that mandate...  which is to simply provide a different response than ours during the great depression albeit with the backdrop of similar economic conditions. 

Mon, 10/01/2012 - 12:51 | 2845492 GoldenTool
GoldenTool's picture

+1 for you sir.

Mon, 10/01/2012 - 13:27 | 2845668 Darth Mul
Darth Mul's picture

Respectfully - I stand by my earlier comment.  The repeated money printing has not worked, and has never really worked - certainly not in cicrumstances where the government borrows 46% of what it spends and 10-12% of your federal tax dollar is going to interest on debt.

In other words, there is absolutely nothing - and I mean nothing - to demonstrate, or even suggest that buying up banks toxic assets by creating more currency [and/or by secretly printing 16 trillion or more to give to euro banks] is going to to anything but debase the currency and transfer more actual wealth {real assets - not 'assets' that are derived from future promises to pay} to banks and the fed itself.

You've been hoodwinked.


You've been lied to.


And they're doing it with the same old playbook.


This isn't an effort to save America - it's wholly and intrinsically designed, like Keynsian {or neo-Keynesianism - same essentiall turd} thinking {a kind of refusal to think, actually} - TO PRESERVE THE FUCKING BANKS WHICH CREATED THE PROBLEM IN THE FIRST PLACE.


Again - he's not stupid, nor is he doing his best to help Americans.  He is evil, and helping banks before the deliberate crash and WWIII.


I can't prove this to you, but I hope you'll allow that it might be possible.



Mon, 10/01/2012 - 13:38 | 2845714 MachoMan
MachoMan's picture

I haven't been hoodwinked...  however, by this policy, I have been forced to act imprudently (e.g. war on savers) in order to protect what little capital I've been able to accumulate.

I agree that the policy itself is patently faulty in that it cannot achieve its stated purpose...  Clearly, when you backstop banks (paying them the money for bad loans and/or otherwise allowing them to participate in accommodative mechanisms, e.g. guarantees, primary dealers, etc.) AND allow them to continue to demand payment on nonperforming loans, then it's clear who butters your muffin.  The same accommodative policies could have been set up for principal reductions on the debt through payments by debtors and accomplished the stated purpose, i.e. saving the banking system/armageddon.  This is about all you need to know.

Mon, 10/01/2012 - 12:45 | 2845464 Darth Mul
Darth Mul's picture

I disagree.


To distill it to its essence, you're arguing that he's stupid.


He's not - he's evil.  All that he is doing, is completely on purpose.  It's done to transfer wealth to large international banks and, to some extent, to Chinese corporations/enterprises.


We've seen the Fed do this sort of thing prior to world wars - the Fed is owned and controlled by bankers who have international loyalties - not just 'Jews' but large international banks which are extracting wealth from the American people just before getting Americans to fight Iran for them.


Respectfully, I think what you're saying is incredibly misleading. If you think it's out of mistake or stupidity, you don't see that it's all by design.


It is all by design.


Mon, 10/01/2012 - 13:09 | 2845576 CommunityStandard
CommunityStandard's picture

Then the design is stupid.  What is the extracted wealth going to buy when the global economy collapses?  If I were part of the wealthy insider elite, I'd want to keep going to restaurants, vacationing on tropical islands, and buying nice cars and gadgets as long as possible.  Not stockpiling food and guns, preparing for the day I break the world's system.  I believe they'll die just as easily as the rest of us.  Not a great plan for security.  So it's stupid either way.

Mon, 10/01/2012 - 13:15 | 2845612 Chump
Chump's picture

"I believe they'll die just as easily as the rest of us."

Not if I have anything to say about it.

Mon, 10/01/2012 - 13:35 | 2845705 GoldenTool
GoldenTool's picture

Your kidding right, restaurants, vacations on tropical islands.  People better not be vacationing on one of my islands...  I'll be back in a minute, I have to go check with corporate security.  I'm sure the top chef's are traded like priceless art.  I'll trade you 2 van goths for that su chef she's really quite excellent.  Going out to eat, hahahaha.  

Guns, ammo... I'm sure the mic will take care of the rif raf.

How do you make something into the image you want without breaking it first?

Ordo ab chao

Don't forget the little people either, labor omnia vincit.

I guess after this I should change my closer.


"operari sequitur esse"

Mon, 10/01/2012 - 13:53 | 2845785 CommunityStandard
CommunityStandard's picture

The infrastructure requirements for that kind of lifestyle is incredible.  When the infrastructure goes away, so will the lifestyle.

Mon, 10/01/2012 - 14:55 | 2846102 sink critically
sink critically's picture

An important point which many overlook. So what does drive the need to destroy? Fear if losing it all creates paranoia, justifies atrocity, promotes overreaction, causes collusion, and the ever present build up of resources until they are prisoners of their own minds in the company of their peers who are also insane. Evil is just another way to say homicidal.

Mon, 10/01/2012 - 15:18 | 2846148 GoldenTool
GoldenTool's picture

Tech has advanced to the point we don't need the people, actually to the point where the people impede the infrastructure, very little will impact the .001%.  A dumbing down of everyone else will be required, because the system will not support an infrastructure for 8 billion.  Now you get into energy, resource and other things, which will have an impact but my guess is this won't go down how everyone thinks.


Everything is hidden now so that the old lessons won't be repeated again.  Masks behind masks.  I see what is going to happen as inevitable, unfortunatly.  How long it will take is hard to say.  I'm not the sharpest knife in the drawer... I don't think for a moment others won't see it as well.


"operari sequitur esse"

Mon, 10/01/2012 - 12:04 | 2845311 XitSam
XitSam's picture

Ben can't control velocity.

Mon, 10/01/2012 - 11:21 | 2845153 mjorden
mjorden's picture

Wonder how much Prescott Bush's (and every other congressman's) Germany Holdings would be worth today ... 

Mon, 10/01/2012 - 11:23 | 2845155 LawsofPhysics
LawsofPhysics's picture

LMFAO!  An "anti-inflation bill".  Was just as effective as the "anti-gravity" bill the political puppets were trying to pass as well.

Hedge accordingly.

Mon, 10/01/2012 - 11:36 | 2845226 MachoMan
MachoMan's picture

Well, when you try and heal cancer by praying to god, bad things are bound to happen.  If they really wanted to stop inflation, they could provide real backing for the currency and mandate that the money supply could not increase in excess of organic demand.  This would probably entail balanced budgets and, thereby, balanced trade, which would render political office likely useless, but I digress.

Mon, 10/01/2012 - 11:44 | 2845255 Dr. Richard Head
Dr. Richard Head's picture

Organic demand of fractional reserve loans?  Same problem, different horse.

Mon, 10/01/2012 - 12:04 | 2845310 MachoMan
MachoMan's picture

Fractional reserve lending is outside the scope of the comment...  but yes, it's something else that needs to get...  cured.

Mon, 10/01/2012 - 12:11 | 2845333 DaveyJones
DaveyJones's picture

like pork?

Mon, 10/01/2012 - 12:35 | 2845418 Raymond Reason
Raymond Reason's picture

You can keep the chemo and radiation, i'd rather pray than pay. 

Mon, 10/01/2012 - 13:39 | 2845719 MachoMan
MachoMan's picture

I'll send flowers for your casket.

Mon, 10/01/2012 - 14:38 | 2846021 Raymond Reason
Raymond Reason's picture

Thanks.  I'll send my prayers from the other side. 

Mon, 10/01/2012 - 14:07 | 2845834 giddy
giddy's picture

How about praying for a math problem to prove itself?  Because, that's what Bernacke is doing.  He's making burnt-offerings to an economic diety who doesn't know the difference between cause from effect.  The "wealth" effect was bogus.  Fed solutions are bogus.  The only thing we're getting out of QE-I is more trickle-up-poverty for the middle class. 

Mon, 10/01/2012 - 11:23 | 2845156 derek_vineyard
derek_vineyard's picture

hitler didn't take stalingrad and inflation wasn't contained



Mon, 10/01/2012 - 11:31 | 2845211 rustymason
rustymason's picture

I saw a reasonable argument once which propounded the theory that Hitler, due to the nature of his financing, was almost forced to keep expanding the war in order to keep up the payments. It doesn't sound so implausible if you trust the maxim, "Follow the money."

Mon, 10/01/2012 - 12:08 | 2845320 The Shootist
The Shootist's picture

He won it but could't hold it. If he hadn't been so obsessed with that strategically unimportant city as well as the caucuses, he could likely have won. Mannstein was kept on a very short leash.

Mon, 10/01/2012 - 12:54 | 2845498 Raymond Reason
Raymond Reason's picture

Blitzkrieg didn't work on the Soviets.  They were too unorganized to surrender.  Same problem attacking monetary policy. 

Mon, 10/01/2012 - 18:36 | 2846720 Optimusprime
Optimusprime's picture

Two million prisoners in the first two months of the war "didn't surrender"???

Mon, 10/01/2012 - 11:24 | 2845167 Temporalist
Temporalist's picture

Oooo there's a sale a Penny's!

Mon, 10/01/2012 - 11:26 | 2845169 Big Corked Boots
Big Corked Boots's picture

-- nevermind --

Mon, 10/01/2012 - 11:28 | 2845185 taketheredpill
taketheredpill's picture

The economic collapse in Germany prior to WW2 helped bring Hitler to power.

The U.S. got Roosevelt.

Maybe this time it's the U.S.'s turn to get Hitler.  It might even be a woman, just to show how far we've come.

I expect the part of the Jews will be played by the Muslims.


Mon, 10/01/2012 - 12:42 | 2845388 JR
JR's picture

Even with economic collapse, the German people never directly elected Hitler.

Hitler lost the election of 1932 (60-40 to Hindenburg); his party dropped from 37 to 31% in the 1932 elections. President Paul von Hindenburg then, under media and political pressure, appointed Hitler Chancellor of Germany in January of 1933.

The Reichstag Fire was in February 1933 and after a campaign of violence and withdrawal of freedoms ordered by Hitler, in the election of March 5, 1933 (called for by Hitler), the Nazis still fell short of a majority (43%) and  needed a coalition partner to rule. Of course, that's when he had the luminous idea 'what if we ban all other parties'...  In March Hitler manipulated the Reichstag to give him the coalition and full powers and was able to pass the Enabling Act on 23 March, which effectively gave him the power of a dictator.

Mon, 10/01/2012 - 12:48 | 2845478 RockyRacoon
RockyRacoon's picture

I hope that's some history that doesn't get repeated -- but I'm not holding my breath.

Mon, 10/01/2012 - 13:54 | 2845779 JR
JR's picture

I share your concern, Rocky.

The Democrat Convention’s video covered vote by LA Mayor Antonio Villarigosa  so obviously top-downed controlled and the many rule changes in the Republican Convention and primary to silence Ron Paul (also dictated top down), and the outcome of that rules “vote” pre-scripted and played out at the convention by Republican Speaker of the House John Boehner, have further underscored the loss of representative government in America.

Surely, the political parties have finally reached their capacity for corruption, matched only by Congressional and Executive branch corruption. And now it can be told, these top down orders either come from the banking cartel or are made to fit the policies of the banking cartel.

With the presence of tyranny in this presidential election cycle, one can only wonder how the nation could survive a more corrupt national election in the future.

“At what point shall we expect the approach of danger? By what means shall we fortify against it?-- Shall we expect some transatlantic military giant, to step the Ocean, and crush us at a blow? Never!--All the armies of Europe, Asia and Africa combined, with all the treasure of the earth (our own excepted) in their military chest; with a Buonaparte for a commander, could not by force, take a drink from the Ohio, or make a track on the Blue Ridge, in a trial of a thousand years.“

At what point then is the approach of danger to be expected? I answer, if it ever reach us, it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.” –Abraham Lincoln (like him or not), The Perpetuation of Our Political Institutions:
Address Before the Young Men's Lyceum of Springfield, Illinois
January 27, 1838

Wed, 10/03/2012 - 00:14 | 2850881 RockyRacoon
RockyRacoon's picture

The suppression of a third party development is abominable, and it's obvious.  It will be the pivot point toward the political oligarchy's victory.

Mon, 10/01/2012 - 12:51 | 2845495 Darth Mul
Darth Mul's picture

parenthetically - the American people didn't elect Obama... the DNC leaders appointed him and the Democratic electors installed him.


And our Congress has fallen over itself doing two things:  supporting Israel uncritically, and giving Obama extensive and expansive dictatorial powers.


But since most people are unable to understand that what the Nazis did was evil, because they were evil acts, not because the acts were done by 'Nazis' - we are all fucked.


The Republic is going to die pretty easily, with people welcoming all sorts of new government control and power to protect them from 'the terrorists.'


Holding up Hitler as this ultimate in evil is actually kinda nonsense.  Stalin and Mao were at least as bad and probably worse.  The Jewish Holocaust was atrocious... but people arguing that it's unique haven't read very much history.

Mon, 10/01/2012 - 12:48 | 2845479 Harbanger
Harbanger's picture

Hitler was a progressive secular humanist.  Liberals have painted the National Socialist government as “right wing”.  So who is "their" enemy?  Capitalists, constitutionalists, conservatives, libetarians...etc.

Mon, 10/01/2012 - 11:30 | 2845194 Jayda1850
Jayda1850's picture

Good old price controls. Glad to see the central planners moved on from just farm prices to every facet of  the economy. Bang up job fellas. Considering inflation greatly assisted Hitler's rise to power, I'm sure the fourth reich is right around the corner.

Mon, 10/01/2012 - 11:32 | 2845210 Darth Mul
Darth Mul's picture

How many of you kids know about the strange history of the Katyn Forest massacre?


Hitler invades Poland - Britain and France declare war and American newspapers give feverish anti-German coverage.


2 weeks later, the Soviets invade Poland....   barely a peep.


American newspapers like the New York Times report a few years into the war that Germans had massacred about 15,000 Poles execution style.


Here's the thing:  The Russians had done it. The Germans had invited in Poles and the Red Cross to document graves in Eastern Poland they took over from the Red Army.  But the media control was so effective the Germans got blamed for doing what they had uncovered the Bolsheviks had done.

If you go to Wikipedia's entry on 'Jewish Bolshevism' - you will learn something to the effect that it's an 'antisemtiic canard.'   This is simply and demonstrably false.  In a country where Jews were less than 2% of the population, they comprised most of the early Bolshevik leaders.  This is not some cherry-picking, it's not an antisemitic lie - it's a fact.

And I submit that the reason why no one declared war on Russia, and the reason why the media pinned things on the Germans, was both that the Germans had essentially purged Jews from banking, and had also  as many of you know reformed their currency.  But it was also the case that the Soviets were largely {if not entirely} in Jewish hands.


Now, bear in mind that Israeli leaders have been claiming Iran was close to a nuke since 1992, bear in mind US intelligence agencies all agree Iran is not actively working on a nuke, bear in mind that the IAEA has repeatedly conceded that there is no missing nuclear material {and that recent Iranian activity actually has lessened the 20% enriched material available to them}, and, bear in mind that the Iranians offered last year to stop enriching to 20% if sanctions were lifted...


Yet pick up the New York Times or turn on NBC or Fox, and they act like Iran is racing to a bomb, and they mention Netanyahu's repeated lies about Iranian nukes going back to 1992, and his lies about Iraqi nukes - absolutely never.  Just like they never talk about Palestinian kids burned by white phosphorus or shot at point blank range, or Jewish settlers from Brooklyn shooting at Arab farmers.


So, I don't know if history repeats, but it seems to me that the future's been rehearsed.


Hope everyone feels like a swell guy for not buying into 'antisemitic canards' on the way to the Hope Camps.

Mon, 10/01/2012 - 11:49 | 2845269 Winston Churchill
Winston Churchill's picture

Or it could be the Allies didn't want to piss off Stalin as he was actively killing

the youth of Germany at the time.The Russians have a history of doing deals

with the Germans when the cards are down.

Massacres were commited by all sides in WWII, it happens when you try to break

things and kill people.There are no clean hands in war.

Mon, 10/01/2012 - 12:22 | 2845374 Darth Mul
Darth Mul's picture

Sorry this just begs the question:  Why declare war on Germany for invading Western Poland, which had been German before WWI, but not on Communist Russia, which attacked Eastern Poland {never russian} as well as Finland and a few other spots?

It turns out that the Bolsheviks killed more people, by far, than the Nazis.  The Ukrainians know this well.


I'm not saying the Nazis were 'good' - they were statist fascists with a bizarre race-based ideology.


The thing is, so were the Bolsheviks and so are the Zionists.


Funny how the Allies declared war on Germany for invading Poland, but not Russia, then let the Russians occupy and oppress Poland immediately following the war, eh?


The point is, the stated reason for a war is the excuse for the public.  There were several motivations, of course, but Germany's repudiation of British and Jewish central and private banking interests loomed large, as well as the fact that Germany beat inflation and unemployment in a few years after nationalizing it's bank and essentially purging it of international bankers - most of whom were Jews.




Mon, 10/01/2012 - 13:09 | 2845578 Raymond Reason
Raymond Reason's picture

You want to see rabid anti-semitism?   Some of those complaining about it here, should go live in a CIS country for a while.  Very little sympathy there.

Mon, 10/01/2012 - 12:06 | 2845316 jesusonline
jesusonline's picture

Here's the thing: you are a tool, Darth Mul.


"...the governments of both France and the United Kingdom were set on avoiding war at any cost. The French government did not wish to face Nazi Germany alone and took its lead from the British government and its Prime MinisterNeville Chamberlain. Chamberlain believed that Sudeten German grievances were justified and that Hitler's intentions were limited. Both Britain and France, therefore, advised Czechoslovakia to concede to the Nazi demands".

"A deal was reached on 29 September, and at about 1:30am on 30 September 1938,[20] Adolf Hitler,Neville ChamberlainBenito Mussolini and Édouard Daladier signed the Munich Agreement. The agreement was officially introduced by Mussolini although in fact the so-called Italian plan had been prepared in the German Foreign Office. It was nearly identical to the Godesberg proposal: the German army was to complete the occupation of the Sudetenland by 10 October, and an international commission would decide the future of other disputed areas.

Czechoslovakia was informed by Britain and France that it could either resist Nazi Germany alone or submit to the prescribed annexations".

Mon, 10/01/2012 - 12:28 | 2845401 Darth Mul
Darth Mul's picture

Sorry - I'm a tool, why, exactly, fathead?


It's one thing to miss the point, it's another thing to miss the point, be blissfully unaware of missing it, then couch your misplaced argument in Wikipedia - a faux online resource so edited and mangled by pro-Israel trolls, almost nothing pertaining to Israel/Palestine or Jews contains anything that hasn't been sanitized to make sure people like you think the Jews were always the innocent victims, never massacring Russian or Polush or Ukrainian Christians, and certainly not shooting Palestinian kids at point blank range.


And I'd watch who you're calling a tool.  One of these days, someone might take exception, friendo.

Mon, 10/01/2012 - 13:19 | 2845627 JR
JR's picture

@ "...the governments of both France and the United Kingdom were set on avoiding war at any cost.”

In a little known remark, Churchill said of a Germany that had opted out of an Anglo-American debt-based monetary system: "You must understand that this war is not against Hitler or National Socialism, but against the strength of the German people, which is to be smashed once and for all, regardless whether it is in the hands of Hitler or a Jesuit priest." (Emrys Hughes, Winston Churchill, His Career in War and Peace p. 145)

At the time, England was poised to lose her empire to Germany; hence, Churchill’s aggressive stance as Lord of the Admiralty prior to WW I, urging every offensive action available against the German nation.  Prior to WW II, his aggressiveness became an obsession and when war came he made himself the only choice as a leader and refused peace negotiations with Hitler.

This fits in with what Phillip Bagus has been saying about the origination of the euro and France’s plans to not only dominate the region but, with the cooperation of other European states, to harness Germany’s power for the benefit of themselves.

The Euro has succeeded in serving as a vehicle for centralization in Europe and for the French government’s goal of establishing a European Empire under its control—curbing the influence of the German state. —Bagus

Mon, 10/01/2012 - 15:10 | 2846152 Randall Cabot
Randall Cabot's picture

Excerpt from The Forrestal Diaries: Chamberlain Blamed "World Jews" for World War II


Here is an an article referencing from The Forrestal Diaries, in which British Prime Minister Neville Chamberlain is recounted by James Forrestal as having stated that "America and the world Jews forced England into this war." This is from a LIFE article from October 15, 1951, echoing the Diaries from December 27, 1945.

Mon, 10/01/2012 - 16:13 | 2846351 JR
JR's picture

the following is taken from an article by PETER ROBBINS:

“…Excluding a handful of exceptions, this former Secretary of the Navy, former Secretary of Defense, and key architect of America’s defense establishment has effectively been written out of the history books and our national consciousness, an Orwellian bit of historical revisionism.
“How and why did this quiet purge occur, and how does it relate to the classified, UFO-related history of postwar America? Did the man who created our modern Department of Defense take his own life, or was it taken from him?
“The official answer is suicide. Forrestal’s death, it is said, came from a sixteenth story fall from a window at the Bethesda Naval Hospital early on the morning of May 22, 1949, where he was being treated for depression. But this account does not hold up under study of the evidence at hand which, while circumstantial, points toward murder.” …

Could it be, as Cornell Simpson wrote in The Death of James Forrestal,“The Communists, both American and European, had good reason to hate Jim Forrestal: he hated them.

He emerged from the Second War dedicated to the destruction of Communism… He fought General Marshall’s effort to force Chiang Kai-shek to coalesce with the Chinese Communists… He…was alarmed by what he took to be Roosevelt’s trust in Stalin…. Forrestal’s nightmare was that capitalism itself was under siege all over the world…”

Mon, 10/01/2012 - 16:56 | 2846404 Randall Cabot
Randall Cabot's picture

Forrestal was definitely murdered-but it was by jew suprmacists.

"In particular, we have to wonder if one so connected to the higher reaches of power in the world as Bernard Baruch, when he warned his friend Forrestal in February of 1949 that he had already become too identified with opposition to Israel for his own good, knew more than he was telling about the danger that Forrestal faced."


The Wilcutts Report: 



Mon, 10/01/2012 - 13:08 | 2845574 darteaus
darteaus's picture


Mon, 10/01/2012 - 13:17 | 2845620 Darth Mul
Darth Mul's picture

Yeah, it was - which was the point.




Mon, 10/01/2012 - 11:32 | 2845212 Dan The Man
Dan The Man's picture

kind of eerie

Mon, 10/01/2012 - 11:33 | 2845214 MFLTucson
MFLTucson's picture

Nothing has changed, just a differnt country other than Germany!

Mon, 10/01/2012 - 11:36 | 2845231 DavosSherman
DavosSherman's picture

We're totally fucked this time around.  I'm reading a fantastic book, 'Freedom Force' and it details how we ramped our factories and converted them to crank our weapons.

An immigrant was running GM, he convinced Roosevelt to let business profit from making the weapons.  He resigned from GM and did the Roosevelt work for free.

So ask ourselves this:

  1. Who owns the factories today?
  2. Where are they?
  3. Where do the resources come from?
  4. What would WW III be fought with and what would be left after?
Mon, 10/01/2012 - 12:10 | 2845330 ebworthen
ebworthen's picture

Good questions.  Almost forces us to use non-conventional weapons, eh? 

Mon, 10/01/2012 - 12:52 | 2845505 DavosSherman
DavosSherman's picture

My take.

Mon, 10/01/2012 - 14:04 | 2845825 walküre
walküre's picture

He resigned from GM and did the Roosevelt work for free.

Immigrant from where? Maybe he resigned just as voluntarily as Americans were asked to give up their gold at the time? The version you quote sounds much more patriotic though so let's not question it any further. "Free" is awesomest patriotic.

Mon, 10/01/2012 - 11:38 | 2845239 q99x2
q99x2's picture

Nothing that happened exists.

Time based perception is a trick played on sheeple.

Fuck Bernanke.

Mon, 10/01/2012 - 11:42 | 2845246 OutLookingIn
OutLookingIn's picture

Stalingrad & The mighty German 6th army.

The nominal role of the German 6th army at the start of the battle of Stalingrad was 280,000 men.

At the German 6th army surrender, 93,000 men entered into the Russian prisoner of war system.

The survivors of German 6th army where released from their captivity in 1954, eight years after the war ended.

These German 6th army survivors numbered 5,200 and were returned to East-Germany.

The 6th army was annillated, with 274,800 dead.

(all figures are approximate)    

Mon, 10/01/2012 - 12:08 | 2845324 ebworthen
ebworthen's picture

They really should have studied up on Napoleon's experience a little more.

Mon, 10/01/2012 - 12:10 | 2845331 OutLookingIn
OutLookingIn's picture

Yet again where history repeats and closely rhymes!

Mon, 10/01/2012 - 14:10 | 2845852 walküre
walküre's picture

Napoleon ran out of money. Everything else you've been told is bullshit. The Russian winter is not worse than any other winter in the French Alps where Napoleon supposedly recruited and trained troops. Winters in Normandy or Brittany aren't exactly fuzzy warm either.

Napoleon took all of Germany and Poland and had supply lines from Southern France to Moscow. The British made a deal with the bankers and started to fight Napoleon closer to home. The same bankers had financed Napoleon earlier but I suspect he was late on his payments or something. Either way, banks always win especially when they double dip and finance both sides of a war.

Mon, 10/01/2012 - 17:15 | 2846543 ebworthen
ebworthen's picture

Hitler's Generals said wait for Spring, Hitler said "forward" at all costs.

The German troops had to light fires under the engines of the Panzers just to get them to start, or leave them running which burned fuel.

The Germans were far from home, the Russians were fighting for their home.

Overextended and not listening to seasoned soldiers, DOH!

Mon, 10/01/2012 - 13:05 | 2845558 darteaus
darteaus's picture

Can we do the same with the Jihadis?

Mon, 10/01/2012 - 11:47 | 2845264 LongSoupLine
LongSoupLine's picture

Where's the Krugman article?

Mon, 10/01/2012 - 11:48 | 2845265 lesterbegood
lesterbegood's picture

In my humble opinion, most if not all wars are fought over the control and issuance of money. Think about it, if you control the money, you control everything else?

Mon, 10/01/2012 - 12:27 | 2845392 Widowmaker
Widowmaker's picture

If you wish for unbiased perspective, anywhere and everywhere you see the words money, note, debt, market or any instrument therein, replace it with "fraud."

The world becomes crystal clear in a matter of one word.

Mon, 10/01/2012 - 11:55 | 2845281 resurger
resurger's picture

It says that Jewish people climbed 10,000 feet the (Mont Blanc) mountain ...

See refugees flee France section

Is that brand French-Jewish?

Any one was born in 1942?

Mon, 10/01/2012 - 11:57 | 2845288 Rearranging Dec...
Rearranging Deckchairs's picture

Wow look at all the maps in the NY Times. Its as if at one point they actually wanted to inform the american public.

Mon, 10/01/2012 - 12:00 | 2845300 VonSalza
VonSalza's picture

Song of the Volga boatmen

Mon, 10/01/2012 - 12:09 | 2845314 ebworthen
ebworthen's picture

Inflation has been replaced with sound money.

Hitler has been replaced with the middle class.


Mon, 10/01/2012 - 12:14 | 2845336 Audacity17
Audacity17's picture

Whats amazing is that both then and now we have useful idiots talking about the jewish conspiracy, and blowback etc.  LOL.

Mon, 10/01/2012 - 12:22 | 2845378 Widowmaker
Widowmaker's picture

I'm sure you would be happy to call a spade what it is.

Eliminate all "bankers" regardless of ethnic distribution and your little girl panties still wouldn't fit.

Your star is showing, hopefully it doesn't give away your position.

Mon, 10/01/2012 - 13:03 | 2845552 darteaus
darteaus's picture


A. Hitler & Widowmaker

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