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Ron Paul On The Fiscal Cliff: "We Have Passed The Point Of No Return"

Tyler Durden's picture





 

In a little under three minutes, Ron Paul explains to a somewhat nonplussed CNBC anchor just how ridiculous the charade that is occurring in D.C. actually is. This succinct spin-free clip should be required viewing for each and every asset-manager, talking-head, propagandist, and mom-and-pop who are viewing the last-minute idiocy of the 'fiscal cliff' debacle with some hope that things will be different this time. "We have passed the point of no return where we can actually get our house back in order," Paul begins, adding that "they pretend they are fighting up there, but they really aren't. They are arguing over power, spin, who looks good, who looks bad; all trying to preserve the system where they can spend what they want, take care of their friends and print money when they need it." With social safety nets available to rich and poor, there is no impetus for change and "the country loses," but Paul concludes, the markets are starting to say "there is a limit to this."

 

Forward to 5:45 for the Ron Paul interview (ignore everything else)

 


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Sat, 12/29/2012 - 15:33 | Link to Comment bank guy in Brussels
bank guy in Brussels's picture

From a US dissident site -

Interviews said to be with an insider at the US Department of Homeland Security (DHS), saying that the US 'fiscal cliff' game, along with these 'mass shooting' incidents like in Connecticut, are all part of the US gov't preparing the US public for a managed US dollar and economic collapse and a new kind of domestic US dictatorship

The interviews say the plan is to let the system collapse, the EBT 'food stamp money' cards won't work and so on, have a few weeks of chaos and hunger and violence, till most hungry Americans beg for protection from their government

Then they will put in steps where the US government will control nearly everything, many dissidents taken off to camps, and most types of firearms and upper-capacity magazines get confiscated ... with a few less high-power, totally registered guns allowed to be kept by US citizens who don't violate the new rules or restrictions on life

Unsettling stuff, if true ... site is Douglas J Hagmann's 'Northeast Intelligence Network' ... here are the DHS 'insider' interviews in text, two parts

DHS Insider Part 1
http://www.homelandsecurityus.com/archives/7305

DHS Insider Part 2
http://www.homelandsecurityus.com/archives/7310

Sat, 12/29/2012 - 15:35 | Link to Comment tsx500
tsx500's picture

<<<< Ron Paul cares more about the future of USA than BHO does

<<<< BHO cares more about USA's future than RP does

Sat, 12/29/2012 - 15:42 | Link to Comment TruthInSunshine
TruthInSunshine's picture

 Kabuki Theater of The Worst Kind, Bitchez Tue, 12/11/2012 - 12:40 | 

 

 

"Let me state this clearly, yet again, as many here and elsewhere have as well:  This is all theater. The fiscal cliff is a non-issue. Both "different" parties will agree on something, if they haven't done so already, that manages to screw over the largest % of actually productive businesses and people in the U.S., soon."

Sat, 12/29/2012 - 15:46 | Link to Comment HoofHearted
HoofHearted's picture

I just said to my wife that any "fiscal cliff" lack of deal should mean that the Welfare Queens (both corporate and individual) should see 25% less graft starting 1 January. I'd love to see riots when the foodstamps aren't all there or when the bankster bonuses aren't what they imagined. We need people to finally understand what is happening and get serious about the political farce that is the U.S.

Chance of this happening: Zero.

Sat, 12/29/2012 - 15:52 | Link to Comment MillionDollarBonus_
MillionDollarBonus_'s picture

As we approach the end of this much anticipated calendar year, it is important to remember the avalanche of never-to-be-realized 2012 conspiracy theories that were touted by fringe bloggers, libertarians, preppers and other conspiracy hacks. NONE of the 2012 conspiracy theories came true. On the contrary, this was a year of spectacular stock returns, record low interest rates, a collapsing VIX and stagnant/falling precious metals prices. The global recovery has officially begun. The green shoots are everywhere: we have a strong housing recovery, gasoline prices are highly favourable for American consumers, and retail investors are poised to take advantage of the next leg up in the international stock and bond markets. I’m sorry, but libertarians and conspiracy theorists need to apoligize NOW if they want to retain what little credibility they had to start with.

Sat, 12/29/2012 - 16:00 | Link to Comment koncaswatch
koncaswatch's picture

LOL

Merry Christmas and Happy New year MDB; I look forward to your commentary in 2013.

Sat, 12/29/2012 - 16:06 | Link to Comment Shocker
Shocker's picture

Like Ron Paul or Not, he definitely speaks the truth. We have been on a downward slide and really there is no real solutions. If we go over this 'Cliff' or not, it doesn't matter. Taxes are still going up and we have big changes coming in 2013.

http://www.dailyjobcuts.com

/

Sat, 12/29/2012 - 16:50 | Link to Comment ZerOhead
ZerOhead's picture

Like Ron Paul? Heck no... we love Ron Paul.

Most honest and forthright politician on the Hill bar none. He deserved much better treatment and coverage than he was given. It's was America's loss and sadly like Paul says, it would have been too late anyway...

Sat, 12/29/2012 - 17:37 | Link to Comment DaveyJones
DaveyJones's picture

yes, calling him a "politician" doesn't do it justice. Shame it's just nostalgia

Sat, 12/29/2012 - 19:04 | Link to Comment derek_vineyard
derek_vineyard's picture

MDB----- every ponzi looks/feels great on the way up.....never under-estimate a ponzi over staying its lack of underpinnings; that kool-aid is addictive

 

ponzi debt is THE problem...i challenge you, MDB, to address/justify the debt topic here on ZH  (can't wait to hear his response!)

Sat, 12/29/2012 - 20:07 | Link to Comment clymer
clymer's picture

MDB, your expertly phrased sarcasm and masterful timing ..completes me. Thanks for being you.

 

(although, you slipped slightly by implying that we libertarians had some semblance of credibility to begin with..)

Sat, 12/29/2012 - 20:12 | Link to Comment fourchan
fourchan's picture

ron paul should run for president.

Sat, 12/29/2012 - 21:52 | Link to Comment logicalman
logicalman's picture

He wasn't allowed to by those he scared the most

Sat, 12/29/2012 - 22:20 | Link to Comment Michaelwiseguy
Michaelwiseguy's picture

I've changed the label "Conspiracy Theorist" to "CSI Hobbyist". They're everywhere.

Sat, 12/29/2012 - 23:12 | Link to Comment CPL
CPL's picture

It used to be called due diligence.

Sun, 12/30/2012 - 00:07 | Link to Comment Liberty2012
Liberty2012's picture

And hopefully iy will be again -

Sun, 12/30/2012 - 08:19 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

DD is a lost art. Everyone talks about it....but no one atually does it anymore. Why should we? We've got printers to help us over the rough spots.

Sun, 12/30/2012 - 10:47 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

Meanwhile, the mother of all Tsunamis is rumbling down the street.

FUCKING, CLICK!

Sun, 12/30/2012 - 11:13 | Link to Comment fuu
fuu's picture

Ron Paul bitches.

Sun, 12/30/2012 - 00:47 | Link to Comment logically possible
logically possible's picture

Dr. Paul should be President.

Sun, 12/30/2012 - 11:09 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

No, at this time what America needs is Mandrake the fucking Magician.

Everybody better come to terms with the simple fact that nothing will save America, n-o-t-h-i-n-g. The whole of Asian (Inc Indo, Aust & NZ), Europe, Africa, South America and the Middle East have all turned their back on that fucking shoe polished white banker in the White House...he's FUBAR'd.

Rest assured, the world will be trading a new currency (basket?!) within 2 years.

And we are all on borrowed time. The powers that be are very busy, even so kind as to point out where things are going, and why: http://www.clubofrome.org/?p=326

In a decade this place will be very, very different.

Sat, 12/29/2012 - 21:08 | Link to Comment bulldung
bulldung's picture

Agreed. Ron Paul is a statesman,not a politician. I am grateful for his service to our country.Need more cowbell...er, statesmen.

Sun, 12/30/2012 - 00:11 | Link to Comment mayhem_korner
mayhem_korner's picture

 

 

I'm grateful for his commentary.  He doesn't actually do much in terms of service to his country apart from his calling out others, because he is an impotent minority within the Congress.

Sun, 12/30/2012 - 09:56 | Link to Comment TeMpTeK
TeMpTeK's picture

"He doesnt actually do much"?.... He only just energized an entire generation of youth ... The Republican "Coup d'etat" is currently being engineered by this generation... Onward!

 

Mon, 12/31/2012 - 00:06 | Link to Comment mayhem_korner
mayhem_korner's picture

 

 

I knew I would get a boatload of down-arrows from the dyed-in-the-wool Paul fans.  In terms of his role as a member of Congress, however, I would ask you to list the good legislation which has been passed that he has championed, as well as the bad legislation that he has defeated.  Voting for things that fail and against things that pass don't count, even if he is in the right.  My point is that he is a good guy and a good voice for the way things ought to be, but as far as effecting things via his position as a Congressman, he hasn't been effective.  That's the plain truth, like it or not.  I would even argue that Congress is about the worst place he can reside because he has no coalition within the Congress through which to effect change there.

Mon, 12/31/2012 - 05:34 | Link to Comment shesalive
shesalive's picture

impotent minorities are all i want in a congress

Mon, 12/31/2012 - 05:35 | Link to Comment shesalive
shesalive's picture

impotent minorities are all i want in a congress

Sat, 12/29/2012 - 18:13 | Link to Comment New England Patriot
New England Patriot's picture

When I think about Ron Paul, I picture God and Satan having a chess match.

God says, "You can have every Senator and Representative to spread untruth and attempt to convince the people of your lies. But I get to keep one, and he gets to tell the truth, and he has to be allowed to speak."

Satan says, "Deal."

And that's how we got Ron Paul. 

Sat, 12/29/2012 - 18:55 | Link to Comment LateToTheTable
LateToTheTable's picture

Had Dr. Paul made it to his inaguaration I wonder what he would have managed as POTUS.  The only saving grace would have to include ditching the entire Congress / SCOTUS and starting over.  The current se-lected nit-wits would continue to make trouble, stumble, stall.  End the Fed is a most aspiring theme, but could it actually be done? along with abolishing / re-tooling every alphabet group.

As a fellow Texan I had a few shining moments of hope then realized that I actually care for Dr. Paul's well-being... I didn't like the odds he would have faced.  TPTB are an evil I don't like to ponder on for very long, it makes me drink extra rum beverages.  I believe Dr. Paul is trying to leave a legacy for a younger generation to put the pieces back together... and the ones I've spent time listening to aren't nearly as dumb as I thought... the good doctor knows the roll of dice have been cast. 

Sat, 12/29/2012 - 20:12 | Link to Comment clymer
clymer's picture

MEP, that was funny

Yeah, RP has ideals and philosophy that is founding father material. His oratory skills not withstanding; and which should be irrelevant to any thinking human being.

Sat, 12/29/2012 - 22:25 | Link to Comment Pure Evil
Pure Evil's picture

It wouldn't have mattered who won the Republican nomination. The fix was in. Ron Paul was purposely ostrasized to demoralize Ron Paul/Tea Party voters and keep them from heading to the ballot box. This was needed to make it easier to "stuff the ballot box" as they say for The Great Satan now residing in the White House. The Democrats knew they didn't have the votes, and the Republicans being the opposite wing of evil personified bowed down to their elite banker masters and allowed Dear Leader to win re-election.

How many millions of Ron Paul/Tea Party voters stayed home and didn't vote because of what happened at the Republican Convention. Mitt Romney was no more than a McCain or Bob Dole when it came to running a Presidential campaign. Somebody from the Republican party has to run or the whole thing collapses into its own caricature.

Sat, 12/29/2012 - 20:13 | Link to Comment willwork4food
willwork4food's picture

As much as I loathe the Congress & Senate, there were a few bright apples that Satan didn't get.

Senator Wellstone (MN)-assassinated by Dick Cheney and the PNAC

Cynthia McKinney-representative from GA

Dennis Kucinich (OH)-voted against Israel endorsments and pro Bush/Cheney Impeachments as well as voting against the Iraq war.

There are others, but not many.

Sat, 12/29/2012 - 20:37 | Link to Comment skipjack
skipjack's picture

Wellstone ???  McKinney ???  Next, you'll be promoting Babs Boxer as akin to an Einstein.  *facepalm*

Sat, 12/29/2012 - 21:10 | Link to Comment willwork4food
willwork4food's picture

.....?

Sat, 12/29/2012 - 21:10 | Link to Comment willwork4food
willwork4food's picture

Please, do tell what was wrong with them dude.

Sat, 12/29/2012 - 22:19 | Link to Comment perchprism
perchprism's picture

 

You stupid cocksucker.  Get to work.  Here's a ding-dong.

Sat, 12/29/2012 - 22:34 | Link to Comment willwork4food
willwork4food's picture

Very articulate. You must be Jewish, no?

Sun, 12/30/2012 - 00:53 | Link to Comment perchprism
perchprism's picture

 

Here's a hotdog, you stupid cocksucker.  Get to work.  Work for your food...ah, that's it.

Sun, 12/30/2012 - 08:47 | Link to Comment GetZeeGold
GetZeeGold's picture

 

You must be Jewish, no?

 

I'm not of the tribe of Judah......but my grandma has a little Benjamite in her.

 

Do you have a problem with that?

 

Sun, 12/30/2012 - 10:20 | Link to Comment GMadScientist
GMadScientist's picture

Yes, for fuck's sake...rescue the little guy!

Sat, 12/29/2012 - 22:38 | Link to Comment Pure Evil
Pure Evil's picture

They're all slime worms. There's nothing redeming about any of them.

Sat, 12/29/2012 - 23:56 | Link to Comment Ineverslice
Ineverslice's picture
Wellstone was wacked...and he was not slime. Look into it people.
Sun, 12/30/2012 - 08:52 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

If you bring up Wellstone...you instantly have to think of John Gotti.

 

Sun, 12/30/2012 - 10:25 | Link to Comment GMadScientist
GMadScientist's picture

Remember: these folks think Russ Feingold was a satanic charlatan.

Anything short of revolution is considered sympathizing in their book.

Sun, 12/30/2012 - 00:37 | Link to Comment Element
Element's picture

 

 

"... Most honest and forthright politician on the Hill bar none. ..."

 

yep, he had all the wrong mix of qualities, no way he was ever getting the Offal Orifice.

Sun, 12/30/2012 - 10:26 | Link to Comment DYS
DYS's picture

Ron Paul is all talk.  Millions of people put their time, money and passion behind his campaign, which died without so much as a wimper.   Knowing what was right, he ultimately played politics rather than standing up against the system.   With a guy that had littleto lose politically, he played awfully soft.   Maybe I am naive to the game, but Ron Paul was a big disappointment to me and many others who have been behind him for years.   Yes, he should have gone independant and been a more vocal speaker against the current political paradigm.

Sat, 12/29/2012 - 16:01 | Link to Comment Husk-Erzulie
Husk-Erzulie's picture

Dude, are you photogenic?  Charismatic at all?  'Cause you should run for office.  You are POTUS material baby.

... MDB!  MDB!  MDB!

Can't you just see the balloons?  Smell the confetti?  Can I be your spin-meister?  And have your baby too?

LOL

:-)

Sat, 12/29/2012 - 16:51 | Link to Comment Room 101
Room 101's picture

I second that!  MDB for President! 

Sat, 12/29/2012 - 18:18 | Link to Comment bilejones
bilejones's picture

Room 101

"  MDB for President!"

 

Or at least First Lady.

Sat, 12/29/2012 - 20:33 | Link to Comment depression
depression's picture

MDB is God

Sun, 12/30/2012 - 08:53 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

I'm pretty sure MDB has never claimed that.

Sat, 12/29/2012 - 21:05 | Link to Comment Lewshine
Lewshine's picture

He is already President ya dumb shit!!

Sun, 12/30/2012 - 10:26 | Link to Comment GMadScientist
GMadScientist's picture

But we're arguing about terms 3-6

Sat, 12/29/2012 - 16:01 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

"gasoline prices are highly favourable for American consumers"

(A UK spelling of favorable)

I apologize for not apologizing NOW. Sorry guvnor.

Sat, 12/29/2012 - 16:35 | Link to Comment Motorhead
Motorhead's picture

Ralph Spoilsport...lol..."Factory air-conditioned air from our fully factory-equipped, air-conditioned factory"!

"Uh, that's Agnes Morehead...."

Sat, 12/29/2012 - 16:50 | Link to Comment knukles
knukles's picture

I say, Watson. I didn't know they sold coke in cans in this country.

Sat, 12/29/2012 - 20:13 | Link to Comment clymer
clymer's picture

nice catch. My guess, he is an aussie

Sat, 12/29/2012 - 16:02 | Link to Comment akak
akak's picture

Make me not laugh.

For sheer insanitation and side-splitting, blobbing-up trollery, AnAnonymouse has you beat by an 'american' Chinese mile.

Sat, 12/29/2012 - 16:04 | Link to Comment Salon
Salon's picture

But ananonymouse has no finesse.

Sat, 12/29/2012 - 16:41 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous has the finesse of a Chinese citizenism roadside stoolagmite, blobbing up like an arctic pingo.

Sat, 12/29/2012 - 17:03 | Link to Comment akak
akak's picture

In US 'american' Eskimo Indo-Antarctican Chinese citizen arctic pingoism, AnAnnoyingUs is the anaq on the side of the dogsled trail.

Sat, 12/29/2012 - 17:14 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous, the Chinese citizenism anaqcicle of the frozen Tibeten roadsides.

Sun, 12/30/2012 - 00:39 | Link to Comment Element
Element's picture

he has a point there

Sat, 12/29/2012 - 16:04 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

True akak, and that is the mattering thing.

Sat, 12/29/2012 - 16:07 | Link to Comment akak
akak's picture

Indeed, it is the crustiest bit, very much something.

Sun, 12/30/2012 - 10:30 | Link to Comment GMadScientist
GMadScientist's picture

When a party official has the police pull you over and attempts to shit in your mouth (as a test of loyalty, of course), but fails due to the vagaries of the tibetan clime and it instead freezes in place. Whatever you call that little cone...AnAn is the crust that forms on the outside edge...like a well-made brulee.

 

Sat, 12/29/2012 - 16:02 | Link to Comment Salon
Salon's picture

Lol. MDB is a classic.

A troll pretending to be a fake troll.

I love it.

He is also owner of gunslinger, robotrraders mom, and that naive goofy hispanic lady. I forget her name.

Sat, 12/29/2012 - 18:12 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Sotomayor?

Sat, 12/29/2012 - 23:57 | Link to Comment Blano
Blano's picture

Thank you for the Saturday night belly laugh.

Sat, 12/29/2012 - 16:08 | Link to Comment ebworthen
ebworthen's picture

LOL...you used "green shoots". 

+1 for that, and another if you sprinkle "mustard seeds" somewhere else.

I remember people saying things like this in late 2007 and early 2008.

Lots of good video clips out there about the strong housing market and AIG and Lehman being financially sound.

Lather, Rinse, Repeat.

Sat, 12/29/2012 - 16:20 | Link to Comment spinone
spinone's picture

Subprime is contained

Sat, 12/29/2012 - 16:23 | Link to Comment akak
akak's picture

... and will not spread to the broader economy, which is fundamentally healthy.

Sat, 12/29/2012 - 16:36 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

"Goldilocks economy!" </kudlow>

Goldilocks is a US of America 'american' US citizenism citizen that extorts poor farmers every week. The three bears are illegal immigrants from Albanada.

Sat, 12/29/2012 - 16:55 | Link to Comment akak
akak's picture

Does a Chinese citizenism bear shit on the side of the road?

Alas, alas, "this one is just right" alas. 

Just have to bear with it.

Sat, 12/29/2012 - 17:18 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

Ah, ah, Chinese citizenism bear with it. After roadside squat, Chinese citizenism bear without it.

Sun, 12/30/2012 - 10:32 | Link to Comment GMadScientist
GMadScientist's picture

Bandini!

Sat, 12/29/2012 - 16:28 | Link to Comment Vegamma
Vegamma's picture

Recovery Summer

Sun, 12/30/2012 - 10:31 | Link to Comment GMadScientist
GMadScientist's picture

Only green shoots I see come up through rockwool cubes.

Sat, 12/29/2012 - 16:30 | Link to Comment The Joker
The Joker's picture

I'm sorry.

HA HA HA HA HA HA HA HA HA HA HA HA  HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA!

Sat, 12/29/2012 - 16:43 | Link to Comment WhiteNight123129
WhiteNight123129's picture

MDB is the mascott of Zerohedge, without him zerohedge blog would miss its own newspeak and Orwellian flavor. The weekly ration of chocolate has been increasing to 25 grams!!!

 

Sat, 12/29/2012 - 17:28 | Link to Comment tawse57
tawse57's picture

Sadly, I bought into all the rubbish about markets collapsing in 2012 this time last year - and missed out on great stock returns.

The paranoid doomsters with their basements full of automatic rifles and their gold and silver coins buried in plastic tubes in the forest have been proved to be consistently wrong.

The problem with the internet is that people go to websites that reinforce their own views - so all the gun-touting end of the world doomsters with their silver and gold flock to the same sites and pat each other on the back when someone utters some doom prophecy.

All this nonsense about the US falling apart, revolution in the streets, etc, etc - get a passport and go see what life is like in Syria or the Congo and then actually realise that being born in the US is one of the luckiest things that can happen to you.

The markets may dip on the fiscal cliff in early January but it will be a BTFD moment again most probably.

Sat, 12/29/2012 - 18:19 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Your great stock returns are at the Alamo. In the basement.

Sat, 12/29/2012 - 19:54 | Link to Comment SilverIsKing
SilverIsKing's picture

So what has Tawse done to position him/herself for the recovery?

Sold silver & gold, guns & ammo, MREs?

Good luck with that.

Sat, 12/29/2012 - 20:17 | Link to Comment clymer
clymer's picture

Have you been watching me head into the forest with binoculars or something? Friggin stalkers.. 

Sun, 12/30/2012 - 08:57 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

The only way you didn't earn a return on equities this year is because you were smokin dope in the basement of your mother's  house.

Sat, 12/29/2012 - 20:03 | Link to Comment SilverDOG
SilverDOG's picture

tawse57,

 

Sadly your patience is lacking.

Go and join with the others, who worship as they are told to.

Please reassure your beliefs, with MSM/CNBC, as it must always be correct.

Swallow your pride, admit you were wrong, rejoin the Matrix.

 

 

Sun, 12/30/2012 - 01:48 | Link to Comment stuckonarock
stuckonarock's picture

But you cannot SEE the matrix until you step outside of it, your eyes cannot see your eyes,  Maybe Zerohedge is a type of mirror ?

Sat, 12/29/2012 - 20:10 | Link to Comment yogibear
yogibear's picture

You best time to buy is when the sentiment strongly negative. If there is any type of agreement you'll miss your chance because they will rally the market  back up.

 

Sat, 12/29/2012 - 20:22 | Link to Comment Being Free
Being Free's picture

Sadly, I bought into all the rubbish

Just another fucking victim.  If you wait to be spoon fed, instead of thinking critically for yourself you're doomed to slavery.  It doesn't mean shit that a colapse didn't happen in "2012", and it won't mean shit if it doesn't happen in "2013".

The clouds are gathering brother.  Take advatage of the extra time to be prepared.

Sun, 12/30/2012 - 00:56 | Link to Comment Element
Element's picture

He's pretty funny, dude sooks because his brain's so baked that he listened to others instead of doing his own independent thinking and acting, then blames everyone for why he did nothing intelligent and personally fucked-up evey 'opportunity'.

ROFLMAO!!! ... I feel so guilty ... no, not really

Sat, 01/05/2013 - 16:39 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

Maybe you took "zero" hedge too literally - you can actually hedge your trades, go long the market & get some cheap insurance that has a small loss of itself except in tail events. e.g. let's say I get 10 shares vxx for every 50 to 100 shares SPY, just being very simple about it. vxx vs spy 01 zoomed out, see http://flic.kr/p/daxu6H  Shares don't expire but if you think you're clever you can buy SPY puts on the way up while buying SPY shares. Obviously you can lose but sometimes you can accurately hedge it.

"their gold and silver coins buried in plastic tubes in the forest have been proved to be consistently wrong."

So far, not so much. Apparently 2008 & 2012 down-swings have fooled you into thinking that short-term matters when in fact from 2009 to 2012 is a move on gold of 650 to almost 3x that price and it's still more than 2.5x that price, silver was TEN (10) per ounce and is still almost 3x that price at the lowest now.

You think that sounds like regret or mistake? Do you?

Basements full of ammo & regular (cough, large size) clips & mags are now what? Well-stocked in a shortage AND able to resell at a higher price than previously, good for CASH OR BARTER.

The problem is what?
Hm.

How exactly does math work in your brain? Am I being too cruel or is this a fair set of questions?

Sat, 12/29/2012 - 18:36 | Link to Comment Dark Meadowlark
Dark Meadowlark's picture

Exactly MDB

Where is the freaking collapse we were promised? I thought the FED was going to fail with QE and the bond market was going pop? Face the fact Bernanke saved us from a Great Depression already! Quit worrying about economic collapse. We now have a future in this country thanks to the FED and others.  US is not Greece!

Sat, 12/29/2012 - 23:20 | Link to Comment Imminent Crucible
Imminent Crucible's picture

"US is not Greece!"

Well, at least you got one thing right. Greece's entire population is roughly equal to Chicago. Greece doesn't have a Bernanke, or a Geithner, or a TRIFFIN DILEMMA.

Greece also doesn't have $7 trillion of its money stock floating around in other countries, waiting for the signal to return home and disrupt markets catastrophically.

Sun, 12/30/2012 - 10:33 | Link to Comment GMadScientist
GMadScientist's picture

Greece can't also dictate the price of the most important resource on Earth or hold creditors hostage with thermonukes.

 

Sat, 01/05/2013 - 16:29 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

no but drone-strikes keep hitting Pakistan and they DO have nukes.

This is not mentioned very often, that one nuclear nation transgresses militarily upon another nuclear armed nation that's an "ally"

 

Sat, 12/29/2012 - 19:23 | Link to Comment BlackChicken
BlackChicken's picture

Lol.

Hope those green shoots you see are from an Aloe plant, because your ass is going to be burnt if you are wrong.

Sat, 12/29/2012 - 20:05 | Link to Comment DavyRoySixPack
DavyRoySixPack's picture

MBD's World - "there are no rules", "there is no God" "Life is absurd".

 

MBD's has the clean suit narrative ..... but ......

 

The tide is coming .... it may be later than we thought .... but it is coming ....

Sat, 12/29/2012 - 20:13 | Link to Comment Surrealist
Surrealist's picture

LOL MDB gives me some of the best laughing medicine on the net. Look forward to his commentaries as well. Cheers from Australia. :) 

Sat, 12/29/2012 - 20:48 | Link to Comment BeetleBailey
BeetleBailey's picture

I apologize....for not saying FUCK YOU enough to you, douche bonus of shit

Sat, 12/29/2012 - 21:13 | Link to Comment dougngen
dougngen's picture

you keep forgetting the sarc///

no one is that stupid....

Sat, 12/29/2012 - 21:56 | Link to Comment Clever Name
Clever Name's picture

Here here MDB!

MDB rulez, bitchez!

 

And all hail akak and 4thStooge for raggin on Anan when he aint even around! Fun to use imagination for Chinese citizenism commentism

Sat, 12/29/2012 - 22:05 | Link to Comment Imminent Crucible
Imminent Crucible's picture

Looks like 48 people didn't actually read Millie Dollar-Boner's comment before giving her an enthusiastic thumbs -up:

"Spectacular stock returns"  Yeah, baby. We're almost back to where we were five years ago.

"record low interest rates"    This is supposed to be a GOOD thing? And even with 3.25% mortgages, who's buying a house?

"Global recovery has officially begun"    Really? Which global office did that come from? The EU office is closed for lack of funds. The Asian office is sinking fast. The U.S. office just posted a plunge in consumer confidence and five consecutive months of manufacturing contraction. Oh, yeah--it must have been the Egypt office.

"Strong housing recovery" LOL! I'll just quote the Bernank: "The Fed estimates three million homes in some stage of foreclosure, plus an additional million each year for the next several years." And I'll quote Robert Shiller "U.S. housing market is still very risky, may not rebound in our lifetimes."

"Retail investors"  BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

What a CHUMP.

Sat, 01/05/2013 - 16:26 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

Actually, while I can appreciate the warm sentiment of the MDB-troll_algo fans thinking "ya, that was even funnier bullshit than last time!" I'm by principle never going to hit the green arrow. I think some others are for that reason.

I feel wrong about the image of ZH itself containing MDB-things which fool new readers.
I do have a dark side of course that relishes in the idea that stupid people deserve to suffer their own punishment, and suffer they shall if they actually followed what MDB writes as literal. Which some do. Even without reading what MDB writes, there are people who are actually that dumb.
Dunno.

Until I can reconcile with that darker side of my attitude I give red-arrows. I feel happy enough giving green arrows to those who compliment the sarcasm, applaud the nonsense, whatever.

Know what? Ancient econonaut scholars theorize... FUCKING LIBERTARIANS

Sun, 12/30/2012 - 03:46 | Link to Comment Dugald
Dugald's picture

MDB, I see you are most carefull to say nothing about jobs the real building blocks of any economy...You are going to get by on froth and bubbles...Welllll, good luck with that..

Sun, 12/30/2012 - 09:53 | Link to Comment JungleJim
JungleJim's picture

How much do they pay you to turn out your little propaganda pieces ? There's got to be at least 50 million Americans who would like a piece of that action ...

Sun, 12/30/2012 - 00:13 | Link to Comment Dixie Rect
Dixie Rect's picture

The dipshit hosts on CNBS: Funny little critters, ain't they?

Sat, 12/29/2012 - 16:04 | Link to Comment El Oregonian
El Oregonian's picture

Dr. Paul was really our last hope of getting to the off-ramp of the road to tyranny...

Sat, 12/29/2012 - 17:42 | Link to Comment machinegear
Sat, 12/29/2012 - 17:48 | Link to Comment Professor Fate
Professor Fate's picture

Ron Paul hits the nail on the head when he relates to the "Drug Addict" looking for a fix.  I hate to say it but too much of America is now like a "Crack Whore" but addicted to freebies and entitlements rather than drugs.  Paul is also right when he says it is too late.  We have gone past some line in the sand...some "point of no return".  The only answer now is to let America hit rock bottom and rebuild herself with hard work.  Of course those that have learned to live gaming the system without hard work and without useful skills, are going to find this period in American history very, very difficult, as they did in the early 30's.  I certainly would not want to be a 20 something with a degree in political science or the arts and $50,000 in debt right about now.

"Push the Button, Max"

Fate the Magnificent 

Sat, 12/29/2012 - 19:07 | Link to Comment NaiLib
NaiLib's picture

:) Well considering the amount of dugs being abused in the States its not surprising the popolation acts like addicts...

Sat, 12/29/2012 - 19:44 | Link to Comment logicalman
logicalman's picture

The only way to get through the day in these insane times is to imbibe something to take your mind off the madness.

Reality is for people who can't handle drugs.

 

Sat, 12/29/2012 - 22:33 | Link to Comment GFKjunior
GFKjunior's picture

I agree with you 100%.

But considering humans were drinking and smoking cannabis over 5000 years ago I would consider them essential parts of life.

Sat, 12/29/2012 - 23:18 | Link to Comment natty light
natty light's picture

That's the most UP votes I've ever seen on ZH!

Sat, 12/29/2012 - 15:42 | Link to Comment Uncle Remus
Uncle Remus's picture

Waiting for US citizens to be granted political asylum from this clusterfuck.

Sun, 12/30/2012 - 10:36 | Link to Comment GMadScientist
GMadScientist's picture

By whom?!

Sun, 12/30/2012 - 12:51 | Link to Comment Uncle Remus
Uncle Remus's picture

The answer to that ese will be most interesting. Most interesting indeed.

Sat, 12/29/2012 - 16:04 | Link to Comment Insideher Trading
Insideher Trading's picture

A majority of the citizens already rely on the government as greater than 50% of the population receives some form of welfare

Obama can indefinitely detain US citizens without court order

The government can read and listen to your electronic communications without your knowledge whenever they want and without warrat

Every single thing you do on the internet is recorded at the Utah data center

In most cities there is a camera on every corner and in some cities there are microphones on public transportation

Obama has threatened to raise the debt ceiling via executive order usurping that power from the US Congress

The last time congress declared war was June 5th 1942.

Spy drones are being used on private citizens for surveillance purposes

We have a politicized central bank printing money for Obama sponsored welfare programs and war

The second amendment is under attack threatening our last bastion against a brutal and tyrannical government. Don't be surprised that the political establishment want to ban guns as the more rights they strip from the people, the larger the target becomes on their back. The 2nd amendment was put into the constitution to give us protection from government not from ourselves (see the Syrians getting mowed down with machine guns by the government as the citizens have only stones to throw back)

Obama is now in control of healthcare

We have crony capitalism, a euphemism for the more classical term, fascism.

uhm buddy, we already have a dictatorship, at the very least the color of something very familiar to.

Sat, 12/29/2012 - 16:36 | Link to Comment hound dog vigilante
hound dog vigilante's picture

Nailed it.

 

My question is:  where are the anti-war, anti-empire, pro-civil liberties progressives?

Their silence speaks volumes.

Sat, 12/29/2012 - 17:51 | Link to Comment Anusocracy
Anusocracy's picture

Harm, fairness, community, authority, purity, and liberty: those are the now accepted moral spheres.

Progressive have temporarily moved in with the mainsteam liberals where authority and fairness trump harm and liberty.

Different conditions (Obama) creating different motivations.

Sat, 12/29/2012 - 18:22 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

 

My question is:  where are the anti-war, anti-empire, pro-civil liberties progressives?

 

Stick a "former" in front of that and you'll find a few of us right here.

Sat, 12/29/2012 - 23:35 | Link to Comment August
August's picture

Unfortunately, all my personal convictions, PMs and firearms were lost out on the lake last summer.

Sat, 12/29/2012 - 23:59 | Link to Comment Shell Game
Shell Game's picture

Exactly. But then that is precisely what you would expect in a mob rule democracy. 

Sun, 12/30/2012 - 10:37 | Link to Comment GMadScientist
GMadScientist's picture

Here just about every day, dingleberry!

We missed you at the WTO protest.

Sat, 12/29/2012 - 17:10 | Link to Comment Pharming
Pharming's picture

Nice summation.  

Very simple.  Either you follow one ideology or the other.  Either you believe in individuals making most of their own decisions and living with the consequences or you believe that a government should make decisions for you.   With more of the decisions being made for you, you lose freedom(money) your zest for life and success, becoming something you could become without obstructions, you no longer are able to donate from the heart your hard earned dollars to worthy (in your eyes) causes.      

I remember growing up in the 70's.  In gradeschool, we were learning about types of governments.  I distinctly remember a chart with the types of governments listed.  Near the bottom were Dictatorships, Communism and Socialism.  These were the ones that invoked the feelings of less freedom and liberty even at that young age I understood.  That one memory sticks with me, that chart.  However, others around me have long since forgotten what they too learned.

The brainwashing has worked.  I really can't believe how this country as been flipped upside down and turned inside out...

I used to fear what my children were missing, now, I realize they never knew...what they will be missing.   

Sat, 12/29/2012 - 17:40 | Link to Comment DaveyJones
DaveyJones's picture

well done. Now if it was only Obama doing this, the fix would be easier.

Sat, 12/29/2012 - 18:33 | Link to Comment LateToTheTable
LateToTheTable's picture

Well said, sir - very excellent review.

Sat, 12/29/2012 - 18:44 | Link to Comment Optimusprime
Optimusprime's picture

Basically good stuff, but I red-arrowed you for your stupid comment about Syria.  The US (Israel's bitch) is arming and funding foreign terrorists.  It is no "civil war".

Sat, 12/29/2012 - 19:20 | Link to Comment sunnyside
sunnyside's picture

<<<<Every single thing you do on the internet is recorded at the Utah data center>>>>>>>

 

That's a lot of porn sitting in Utah!

 

Sun, 12/30/2012 - 09:57 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

That's a lot of porn sitting in Utah!

 

I use to make a pilgrimage to there every year.....then I got a laptop. It was off lease from the SEC so it gave me a hell of a head start.

Sat, 12/29/2012 - 19:56 | Link to Comment Chupacabra-322
Chupacabra-322's picture

@ Insidher Trading,

Spot on!  However, the following should have been added.

"We have crony capitalism, a euphemism for the more classical term, fascism."

"We have Criminal Crony Capitalism, a euphemism for the more classical term, fascism."

 

It's all one big PsyOp run by Criminal shadow Government Intelligence Agencies financied by bankster and drug money.  While simutaneously divideing and conquering the assleep sheeple with mass PsyOp mind control through entertainment, Pharm/drugs and alcohol.  Throw in the public education indocrination centers and presto!  Control of the masses through a Criminal Bankster run illusionary economy and dumbing down of The American People.   

 

 

Sat, 12/29/2012 - 23:36 | Link to Comment Freddie
Freddie's picture

+1 million

Except the Syria. The "rebels" are Obama's NWO goons aka Mo BroHood/Al Qeada.   You know - the Arab Spring fraud.

Sat, 12/29/2012 - 15:59 | Link to Comment Insideher Trading
Insideher Trading's picture

/dup

Sat, 12/29/2012 - 18:33 | Link to Comment New_Meat
New_Meat's picture

is/was worth a re-read ;-)

Sat, 12/29/2012 - 16:14 | Link to Comment JLee2027
JLee2027's picture

I pretty much dismiss all these "planned collapse and takeover" theories. When has that ever worked in history? Can't think of one that didn't result in a massive change in government. No one is going to ask for Government "protection" after a collapse, the rioters will just burn everything down.

Sat, 12/29/2012 - 19:06 | Link to Comment New_Meat
New_Meat's picture

yep, (a) GWB was the most stupididest president of all time, with that troll Cheeny hanging around, and, (b) at the same time, GWB was the mastermind behind any number of fubar situations.

I get it now.

- Ned

Sat, 12/29/2012 - 19:46 | Link to Comment maninthbx
maninthbx's picture

Do you really see American rioters being able to burn everything down in this country without the militarized Police force having a say?

 

Never in history has a population been so overweight and it is said that revolutions do not happen on full stomachs.

Sat, 12/29/2012 - 20:45 | Link to Comment skipjack
skipjack's picture

SS/Medicare drying up and EBT cards declined - there will be no footsoldiers for TPTB when their families get targeted.

Sat, 12/29/2012 - 23:40 | Link to Comment Freddie
Freddie's picture

Those stomachs can get empty in a week.  The parasite class in this country does not plan 15 minutes in advance.  They probably have enough food until the next trip to McDonalds or Church's Chicken with the EBT card.   If the power and water/sewers go out - it gets bad in a few days.

Sun, 12/30/2012 - 10:39 | Link to Comment GMadScientist
GMadScientist's picture

I'm pretty sure Goldman has 5 and 10 year plans.

Sun, 12/30/2012 - 15:26 | Link to Comment The Heart
The Heart's picture

Right on Freddie.

When the stomach becomes peoples god, all hell will break loose. The starvation of americans is on the plate front and center after all commerce shuts down during a false flag event and martial law shut down. Remember how empty the skies were in the days after 9/11?

All as well planned of course. Have you ever really studied the words in this Protocols? Back in 95 we saw this and in the first parts it declares they will attain all their goals through terrorism. After seeing that way back then, it was obvious as to what was to come. The sad thing is, most of what was forecast in this document has come true and is in the process of coming true.

http://www.biblebelievers.org.au/przion1.htm

Here is more of the planning:

http://home.earthlink.net/~platter/neo-conservatism/pnac.html

All this was the first sign we got years ago that basically gave us the game plan for the new world oder of the money god and the coming cashless society. What we as a world has to go through to rid the planet of these cretins and gain back the rule of law and the value of tangible money to trade with, we have yet to experience. The good news is, many more people are awake to the beast and all it's tentacles throughout society. Using the Iceland's template, it will be easy and a short time to clean house when the time comes. Babylon will have to make the first real move against the people to start the game. Once it is on, well, it will be a short play. Maybe we can sell the public hangings of all the criminals involved in the subversive activities against the govt and people of the USA on pay per view?

http://www.zoklet.net/totse/en/politics/international_banking_money_laun...

.

Sat, 12/29/2012 - 22:00 | Link to Comment Clever Name
Clever Name's picture

You assume that its the pols pulling the strings. Ever seen a massive change in banksters?

Sun, 12/30/2012 - 10:40 | Link to Comment GMadScientist
GMadScientist's picture

One time, in Russia.

Sun, 12/30/2012 - 14:07 | Link to Comment Urban Roman
Urban Roman's picture

There was one in France. It got kinda messy.

Sat, 12/29/2012 - 16:16 | Link to Comment SMG
SMG's picture

The Oligarchs don't want riots, and a rapid collapse would lead to that.  It's going to happen much more gradually over the next few years, like the frog in a pot analogy.

This is just another disinfo rumor to make the "conspiracy" crowd look like idiots and wear down their resolve. Just like the "mass arrests" that never happened or end of the world on 12-21-12.

 

Sat, 12/29/2012 - 17:43 | Link to Comment DaveyJones
DaveyJones's picture

agree that's their plan. But they're not the "masters" of control to which they aspire. History will teach them. It's more like earthquake faults. Tension builds and builds then boom 

Sat, 12/29/2012 - 18:12 | Link to Comment Threethreethree
Threethreethree's picture

The timeline is 5-8 years.

It started in 2008.

Gradual change, with periods of "shock and awe".

Sun, 12/30/2012 - 01:48 | Link to Comment Mr Pink
Mr Pink's picture

Ever hear the phrase "order out of chaos" ? Just sayin. Don't be so sure it will be gradual

Sat, 12/29/2012 - 16:36 | Link to Comment Long-John-Silver
Long-John-Silver's picture

The USA is going to collapse and split apart exactly the same way the Soviet Union did. TPTB think they can manage and control the collapse. They assume Homeland Security (America's Brown Shirts) will be able to control the population. What they don't realize is they have no way to keep those people "on the job". Why would anyone stick around when they are not getting paid with anything of value? The first thing they will do is loot Homeland Security of anything of value such as food and weapons leaving management with nothing but worries about someone taking revenge on them. The only military group that will stick around and take control is each States National Guard because they will be protecting their own State and not the Federal government. Texas will immediately declare it's independence and the Confederate States will follow within a few days as members of the League of the South executes it's plans. Other States will follow along joining Texas and/or the Confederate States for mutual defence. It will be ugly as it was in the Soviet Union at the end. Millions of people will starve or freeze to death if it happens in the winter months. China or Russia may invade the West Coast and take control of as much of the industrial and agricultural areas as it can defend. Don't expect the Federal Military to intercede. Those people will be busy trying to get home in any way they can to defend their family and the State the reside in because they are not getting paid.

Sat, 12/29/2012 - 16:56 | Link to Comment IridiumRebel
IridiumRebel's picture

Most military do not jibe with the gov for protracted wars and shitty pay. You are absolutely correct. You will see a fractious split with South and North going their own ways. If TPTB think that will happen they are sorely mistaken. I know who I got my money on.

Sat, 12/29/2012 - 17:11 | Link to Comment Taffy Lewis
Taffy Lewis's picture

Living in Bumfuck, Kansas, is looking better and better each passing day.

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