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Guest Post: The U.S. Economy Is Now Dangerously Detached From Reality

Tyler Durden's picture




 

Submitted by Brandon Smith from Alt-Market

The U.S. Economy Is Now Dangerously Detached From Reality

Recently I was asked to give a presentation on the current state of the global economy to a local group of concerned citizens here in Northwest Montana.  I was happy to oblige but when composing my bullet points I realized that, in truth, there were no legitimate economic numbers to examine anymore.  You see, financial analysts have traditionally used multiple indicators of employment, profit, savings, credit, supply, and demand in their efforts to divine the often obscured facts of our financial system.  The problem is, nearly every index we used in the past, every measure of capital flow and industry, is absolutely useless today. 

We now live in an entirely fabricated fiscal environment.  Every aspect of it is filtered, muddled, molded, and manipulated before our eyes ever get to study the stats.  The metaphor may be overused, but our economic system has become an absolute “matrix”.  All that we see and hear has been homogenized and all truth has been sterilized away.  There is nothing to investigate anymore.  It is like awaking in the middle of a vast and hallucinatory live action theater production, complete with performers, props, and sound effects, all designed to confuse us and do us harm.  In the end, trying to make sense of the illusion is a waste of time.  All we can do is look for the exits…

There is some tangible reality out there, but it is difficult to find, and there are few if any mainstream numbers to verify.  One has to remember always that the fundamental world of money and trade revolves around real people and real circumstances.  No matter how corrupt our economic system is, as long as there are human beings, there will always be supply and demand that cannot be hidden.  We have to look past the “official numbers” and look at the roots of trade.  Where has demand fallen?  Where has supply diminished?  Where are the tangible goods and needs and how have they changed?

Let’s first start with the mainstream version of our system, looking at each aspect of the economy that no longer represents the truth of our situation…

Employment, Savings, And Debt

Much of this information is old news to those of us in the Liberty Movement, who tracked the progress of the global collapse long before the general public even knew of its existence.  However, it is useful to take a step back and look at the basic picture every once in a while. 

According to numbers issued by the Department of Labor, weekly unemployment reports have dropped to a five year low, and the overall employment rate is holding at 7.9%.  This would seem to be a vast improvement over the dreadful bloodletting in the system only a few years ago.  Has the private Federal Reserve and the Obama Administration really done it?  Have they turned back the tide on the greatest fiscal crisis the U.S. has seen since the Depression?

No.  They haven’t. 

They have only changed how the data is disseminated to the public. In order to understand how the employment statistics con is being engineered, it is important to understand the difference between “Adjusted” and “Unadjusted” numbers.

Labor Department data is “seasonally adjusted”, using a series of statistical assumptions including something called “Trend Cycle Analysis”.  Trend Cycle Analysis is, basically, a sham, but a sham put together in a very complex and confusing manner.  If you ask a mainstream economist what it is, you’ll likely get a three hour long dissertation filled with financial babble and very little concrete explanation.  So let me break it down as simply as I can…

Imagine that you are going to estimate how much profit you plan to make in a particular month, but you don’t just consider your current pay rate and pop it into a calculator; you also throw in the possibility of a few pay raises, an inheritance from a grandma who might kick the bucket, and, your exaggerated expectations of the entire year’s profit on top of that.  You may also take into account future bad weather, a mugging, a nuclear war….whatever.  All hypothetical situations not based in reality.  Basically, you decide that a particular trend in your income is inevitable, then, mold your statistical analysis around that assumption.      

When your real profit numbers come in (the unadjusted numbers) and they do not meet your expectations, you simply change them according to what you believe SHOULD have happened.  If you insist that your profits are going to go up for the year, and they go down for a couple months instead, you change the variables you use to calculate the statistical average so that the results match your expectations, assuming that it will all balance out in the end.

Now, this sounds utterly insane for the common person out there trying to make a living.  If you ran your household this way, without accepting the cold hard unadjusted numbers in front of you, you’d find yourself broke and on the street in no time.  Unfortunately this is EXACTLY how our government handles most financial data; by coming to a final conclusion before hand, and then forcing the numbers to fit that conclusion.

This is why in February of 2013, “adjusted” first week unemployment rate was reported at 366,000 – a 5000 person drop from the week before.  A seeming improvement in the trend.  But, unadjusted numbers came in at 386,176 – a 16,000 person spike from the week before.  When one examines real unemployment numbers, he finds that the divergence between the adjusted and unadjusted statistics is growing larger with each passing quarter.  That is to say, the contradiction is becoming so blatant between the hard numbers and the Labor Department’s fantasy numbers that one must question whether or not the government is lying to us outright about the state of the economy (hint – they are lying). 

These same methods are used by the government to calculate progress in the housing market, disposable income, etc. 

The claim of “recovery” in the jobs market simply doesn’t jive with other indicators, like 2012 Christmas retail, which had the worst showing since the crash in 2008 (and these are still mainstream numbers!):

http://www.foxnews.com/us/2012/12/26/us-holiday-retail-sales-growth-weak...

Average household savings continue to scrape the bottom of the barrel, indicating that the public is not spending or withholding cash.  They are simply broke:

And the overall GDP of the U.S. contracted in the fourth quarter of 2012 for the first time in three years (again, according to official numbers, meaning the reality is much worse):

http://money.cnn.com/2013/01/30/news/economy/gdp-report/index.html

The downturn in consumption and industry also seems to be supported by the Baltic Dry Index, a measure of global shipping and rates.  The BDI has fallen to near historic lows THREE TIMES in the past year, which to my knowledge, has never happened before.  In the past, the BDI has been a strong prophetic indicator of future market volatility.  Usually, around a year after a severe decline in the index, a dangerous economic event takes place.  The BDI made its first sharp drop to all time lows at the end of January 2012, exactly a year ago. 

U.S. household debt was recently reported to have fallen to a 29 year low, but the ratio used by the Federal Reserve applies a statistic for disposable income that is derived from the Trend Cycle boondoggle method.  While markets cheer, the truth is, the only reason household debt obligations have fallen at all is because bank lending and credit issuance remains frozen.  Consumer debt falls when there is no money to borrow.  In fact, the Federal Reserve actually pays large banks NOT to lend to the public; an activity which was exposed by Dennis Kucinich in 2009 on the House Committee on Oversight and Government Reform.  An activity that continued through 2012:

http://economix.blogs.nytimes.com/2012/07/31/the-fed-should-stop-paying-banks-not-to-lend/

Keep in mind, one of the primary arguments the Federal Reserve used when promoting the bailout concept was that it would “free up credit markets” so that lending could pick up again and fuel a recovery, and yet, at the same time, they were paying banks to NOT lend.

Meanwhile, the supposed job recovery has produced an astonishing increase in welfare recipients in the U.S., including a record 46 million Americans on foodstamps (approximately 15% of our population):

http://www.nbcnews.com/business/report-15-americans-food-stamps-980690

If we are to apply any “trend” to our calculations on overall economic health, then we should include the extreme level of government handouts, and poverty levels which are now at all time highs.  The facts are undeniable; the number of people who have much less than they did in 2008 has grown.  How then could the U.S. be considered “in recovery”?

National Debt And The Fiat Lie

With the Dow Index hovering near highs of 14,000 our system truly looks to be on a rocket ship to pre-2008 money market bliss.  In a mere five years we have returned to equity spikes that stagger the mind and the wallet.  At least, that’s how it all appears…

What needs to be taken into account, though, is the amount of fiat money being created by the Federal Reserve, and how much of that printed pixie dust currency is fueling our magical flight to Neverland.  Since 2008, our official national debt has increased from $10 trillion to $16.4 trillion, and some estimate $17 trillion to $18 trillion by the end of 2013 (unless, of course, a collapse occurs).  Which means our national debt, which took decades to reach the $10 trillion mark, will have nearly doubled in only six years! 

So, what has a doubling of our national debt in such a short span of time bought us?  Well, credit markets remain frozen, property markets remain stagnant, poverty is at historic levels, welfare recipients are at epic highs, and consumer activity and GDP is back at 2008 lows.  Where did all that printed money go?  Where was it spent?  To answer that question, we only need to find what area of the economy has seen the most positive (or fantastical) activity.  What sector is seeing a massive boost while the rest tumbles?

I suggest that a large portion of QE1 through QE3 has gone to prop up the stock market, and nothing else.  I suggest that American taxpayers are fronting the bill for the equities bonanza we see today.  I suggest that the Dow is being used as a Red Herring to distract the populous for as long as possible while real assets are being snapped up and hoarded by international banks and foreign entities.  I suggest that we are being leached dry and that the parasites are almost ready to move on…

When will it all end?  Perhaps sooner than many people think.  The decision by D.C. to delay talks on the so-called “Fiscal Cliff” until March may not be coincidence.  Extensive cuts in federal spending are absolutely necessary and cannot be dismissed forever, but, because the last vestiges of our system that still operate do so through government money, such cuts will cause immediate damage to the economy, including possible default and dollar devaluation.  Refusal to make cuts will result in credit downgrades, currency inflation, and a loss of the greenback’s world reserve status.  There is no “right” way out of this quandary. 

When this collapse is initiated, it would certainly behoove all parties involved, including central banks, international banks, and criminal politicians, to have a scapegoat handy for the citizenry to direct their rage at.

Event Horizon Economics

An “Event Horizon” in physics is a moment or singularity in spacetime at which a gravitational pull becomes so great that there is no way to escape it.  It is a point of no return.  I believe America’s economy has reached its own Event Horizon.  Our system is now entirely fiat driven, with very little or no true economy left.  Without constant injections from the Fed, and perpetually low interest rates, the country would implode tomorrow.  This is not recovery.  Actually, I’m not sure what to call it. 

Today, independent economic analysts cannot look to the numbers to determine future trends.  Most are fake, and the rest are ugly, and I’m not sure much else can be said in their regard.  Instead, we must now look to events, rather than statistics, because our country has been maneuvered into a position of utmost frailty.  Like an avalanche shelf waiting for that perfectly timed disturbance to trigger its roaring collapse.  All that is needed is a macro-crisis, and it is no great feat for such a thing to be created in our tension filled global environment.

War in Syria and Iran leading to a tripling of energy prices.  Sanctions and strife with North Korea leading to Chinese economic retribution.  Conflict between China and Japan, again leading to Chinese economic warfare and perhaps real warfare.  An opportune “cyber attack” which could be used as an excuse for a market crash and even an internet shutdown.  A “political impasse” between Reps and Dems which leads to a default of U.S. credit.  Any one of these catastrophes could easily occur (with a little nudge from some well placed people) and feed a wider global tragedy.  The important thing to remember is that while this event will be blamed for the breakdown, it was international banks, the Federal Reserve, and elements of our own government that made the domino effect possible.  They put the pieces in place.  The act that knocks them over is secondary.

I have spent the past seven years writing about “potential” threats to our overall system, but these dangers were always just beyond our sight.  Just around the corner.  Today, it is as if the journey is over, and all those threats have materialized right before my eyes as real, and imminent.  I am watching that which I warned of come to fruition, and this is certainly not a pleasant thing.  What is valuable, though, is what we have all done in the Liberty Movement with the time that we had.  From when I began writing for the movement until now, I have seen an overwhelming increase in public awareness.  It may not be obvious to newer activists, but it is there all the same.  While we still face disparaging odds, and millions upon millions of oblivious bystanders, there is, amidst these darker moments, a steadfast community of free men and women forming.  I have full faith in the future.  Much more so than I ever did before.  Our economy may be detached from reality, but our endeavors as individuals will not be.  Our resolve will be the great game changer.  Not fiscal calamity.

 

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Sat, 02/09/2013 - 16:58 | 3229212 francis_sawyer
francis_sawyer's picture

Joobux know no event horizon... They're like 'nano-bots'... They print themselves...

~~~

JBTFD & prosper [until your catfood costs more than your stawk portfolio redemption]...

Sat, 02/09/2013 - 16:58 | 3229230 Silver Bug
Silver Bug's picture

Fiat money for everyone! No one ever has to work again! /end sarcasm

 

http://jimroger.blogspot.ca/

Sat, 02/09/2013 - 17:16 | 3229260 mikla
mikla's picture

Definition of terms problem.  The economy is *entirely* based on fraud, and fraud (everywhere and at all levels) is reality.

But, if the suggestion is that, "the economy is detached from any-honest-measure-of-productivity", then yes, we agree.

Sat, 02/09/2013 - 18:09 | 3229350 knukles
knukles's picture

There is no reality or truth anymore.
So enjoy it.
Peak living conditions have always transpired just before end of empire.
Enjoy.

I Love Big Brother.
Enjoy.

Good Bye

Sat, 02/09/2013 - 18:35 | 3229398 espirit
espirit's picture

Sort of like pulling a fire alarm during a big box black friday sale.  Lemmings head to the exits? Nah.

They chose the blue pill.

Sat, 02/09/2013 - 18:57 | 3229439 OutLookingIn
OutLookingIn's picture

Yes.

Swallowed whole!

Truth is dead in - markets, main stream media, politics, law, advertising, statistics, education, military, etc.

Except entertainment! Let the show continue! Bread for everyone! Now playing in the center ring...

Sat, 02/09/2013 - 19:15 | 3229463 Big Slick
Big Slick's picture

Why hasn't Tyler bolded anything in this article.  Am I supposed to actually read this thing???

Sat, 02/09/2013 - 19:35 | 3229482 macholatte
macholatte's picture

 

 

 

REALITY?

From Wikipedia:

In philosophy, reality is the state of things as they actually exist, rather than as they may appear or might be imagined. In a wider definition, reality includes everything that is and has been, whether or not it is observable or comprehensible. A still more broad definition includes everything that has existed, exists, or will exist.

From Dictionary.com: 

re·al·i·ty  noun, 1.  the state or quality of being real.   2. resemblance to what is real.  3. a real thing or fact.  4. real things, facts, or events taken as a whole; state of affairs: the reality of the business world; vacationing to escape reality.  5. Philosophy .  a. something that exists independently of ideas concerning it.  b. something that exists independently of all other things and from which all other things derive.

From UrbanDictionary.com: .

 

reality

   

A delusionary mental status caused by a pronounced deficiency of alcohol in the bloodstream

I need a beer because all this reality is too much to handle.

2.

reality

   

(1)working 50 hours a week until the day you die, in order to maintain a "decent" life,
(2)having no excitement in your life unless you choose to slack off and not work,
(3)leaving this planet the same way you entered, naked and cold.
(4)busting your ass to afford your bills while some cocksucker with rich parents gets everything handed to him for free.

 

 Life is one big road with lots of signs. So when you riding through the ruts, don't complicate your mind. Flee from hate, mischief and jealousy. Don't bury your thoughts, put your vision to reality. Wake Up and Live!
Bob Marley

 As far as the laws of mathematics refer to reality, they are not certain, and as far as they are certain, they do not refer to reality.
Albert Einstein

 Illusions commend themselves to us because they save us pain and allow us to enjoy pleasure instead. We must therefore accept it without complaint when they sometimes collide with a bit of reality against which they are dashed to pieces.
Sigmund Freud 

 Face reality as it is, not as it was or as you wish it to be.
Jack Welch

 You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong no matter who does it or who says it.
Malcom X

 

 

Sat, 02/09/2013 - 20:04 | 3229551 Hulk
Hulk's picture

Just for clarity's sake, I arrived on the planet's surface warm and wet.However, this was done without my permission...

Sat, 02/09/2013 - 20:50 | 3229620 markmotive
markmotive's picture

Well, some say California is actually starting to recover...

http://www.planbeconomics.com/2013/02/09/california-sees-signs-of-econom...

Real or bullshit?

Sat, 02/09/2013 - 22:05 | 3229723 otto skorzeny
otto skorzeny's picture

they are going to be hiring some replacement cops

Sun, 02/10/2013 - 00:28 | 3229876 jeff montanye
jeff montanye's picture

my bet for the "event horizon" initiating scapegoat: a cyber attack on the u.s., blamed on iran, etc., that paralyzes bank and brokerage accounts long enough for contents to just "vaporize" corzine style.

it's a twofer: more for wall street and more for the war machine.  who cannot like that?

when obama gets us back 70% of what we lost he will be our hero.

Sun, 02/10/2013 - 04:49 | 3230186 S5936
S5936's picture

And they WILL shut down the Internet , as it's the ONLY semblance of truth & reality remaining.

Sun, 02/10/2013 - 09:58 | 3230344 CH1
CH1's picture

And they WILL shut down the Internet

Count on it - they're setting it up now.

Sun, 02/10/2013 - 04:49 | 3230187 S5936
S5936's picture

And they WILL shut down the Internet , as it's the ONLY semblance of truth & reality remaining.

Sun, 02/10/2013 - 00:11 | 3229855 willwork4food
willwork4food's picture

Without your permission? Can you prove that?

Sat, 02/09/2013 - 20:30 | 3229595 CPL
CPL's picture

There's no uHaul behind the hearse.

Sun, 02/10/2013 - 04:42 | 3230181 S5936
S5936's picture

"When the goin gets weird , the weird turn pro " HST

Sun, 02/10/2013 - 11:49 | 3230455 booboo
booboo's picture

Well I personally think if a fire did break out they would stand under the klaxon and spinnng red light waiting for for the a greeter to push a table full of discounted tennis shoes in front of them so the ensueing fisticuffs could begin. They would think the smoke and fire to be part of the elaborate production.

Sat, 02/09/2013 - 18:49 | 3229420 sgt_doom
sgt_doom's picture

"We now live in an entirely fabricated fiscal environment."

I mean, duuuuuh, but thanks, anyway, Sherlock!

No offense, but too many of us have been describing this as the fantasy finance-based economy (or non-economy) for quite some time, dood!

Geez, it really doesn't take a rocket scientist, but simply one who comprehends arithmetic, to understand that over the past thirty-some years the economy has been dismantled, there no longer exists a consumer-based economy, no matter what faux crat douchetards like the lightweight Robert Reich prattles on about, with only 15% responsible for the vast amount of that 70% consumption figure bandied about (thanks to super-concentration of wealth in Amerika) --- it truly beggars belief when the obvious is repeated as if somehow profound!

There is no economy in America; only the fantasy finance-based system, with 7.8 percent of the employed population (banksters, derivatives dealers, currency traders/speculators) involved with over 80% of the GDP, we got troubles, dood . . . .

Sun, 02/10/2013 - 02:36 | 3230101 Kelley
Kelley's picture

There's no need to be snarky.

The authir did a fine job of describing what is behind today's numbers and explained it well.

Keep in mind also that not everyone was aware of what you've believed to be true for 30 years.

The author has taken today's stats and exposed them for what they are. For that we can be grateful.

Sun, 02/10/2013 - 11:11 | 3230415 Kickaha
Kickaha's picture

The author's heart is in the right place, but I cannot take anybody seriously who thinks the unemployment rate is a measure of the percentage of unemployed workers.

Sun, 02/10/2013 - 02:49 | 3230111 RichardP
RichardP's picture

There is no economy in America ...

Every person in America needs something to eat, something to wear, a place to live, apps for their iPhone, most need gas to power their vehicles.  Somebody provides all these things.  There is an economy in America.  Find it.  Service it.  And prosper.  Just don't confuse that economy with the one the finance types talk about.

Sun, 02/10/2013 - 14:30 | 3230894 goldfish1
goldfish1's picture

Great comments above:

 

This from Jim Willie Hatrick Letter:

http://news.goldseek.com/GoldenJackass/1360270800.php

"A deadly decision was made in late 1999 that assured the demise of the nation, questioned by few, never having sat well with those in possession of an active economic brain stem. The discharge of the bulk of US factories to Asia, mostly to China, sent the legitimate income producing capability away, only to be replaced to a deeper dependence upon asset inflation. The resulting deficits for the USGovt cannot even remotely be repaid, nor even financed. Creditors have fled. The forced endless 0% rate is kept in place to enable debt service itself. Enter systemic failure from an political and fiscal standpoint."

Sun, 02/10/2013 - 00:01 | 3229845 yatikto
yatikto's picture

Perception is reality, so goes the mantra of the day.  Any bad news is seen as hurting "confidence", so its always massaged and spun.  I know everyone here knows this. But the state of socioculturecopolitics of today is an outcome of postmodern thought.

Sun, 02/10/2013 - 14:28 | 3230891 blindman
blindman's picture

problem is the money is funny.
"Chris Hedges: “We now live in a nation where doctors destroy health, lawyers
destroy justice, universities destroy knowledge, governments destroy freedom, the press
destroys information, religion destroys morals, and our banks destroy the economy.”
.
The Great Imposition
The Forced Involuntary Servitude of America
by Preston James
http://www.veteranstoday.com/2013/02/09/the-great-imposition/

Sat, 02/09/2013 - 20:27 | 3229589 mightycluck
mightycluck's picture

No kidding. I was following someone at The Atlantic attacking this guy for comparing the US to Argentina and Venezuela. The Atlantic's claims was NO! The US is in a liquidity trap! Argentina and Venezuela are not!" This guy responded "But they are all in a CHAMPAGNE SOCIALISM TRAP. Like France too!

http://confoundedinterest.wordpress.com/2013/02/09/devaluation-nations-a...

Sat, 02/09/2013 - 17:03 | 3229243 Eireann go Brach
Eireann go Brach's picture

How fucked are we? Just take a look inside the White House!

Sat, 02/09/2013 - 18:01 | 3229332 prains
prains's picture

what the USA really needs to turn its ship around is the release of a "mega fat" barbie.

Just think how many kids will snap it up off the shelves and boost GDP and unemployment numbers

Sat, 02/09/2013 - 21:45 | 3229702 Bad Attitude
Bad Attitude's picture

That has sort-of already been done. A few weeks ago, Dear Leader said he wanted to ban evil-looking guns, and like magic, he created record sales of firearms, magazines, and ammunition - most of which is all made in the US. Gun store shelves have been stripped. Ammunition is in very short supply and back orderd. I don't know if this frantic buying by consumers is enough to save the economy from collapse, but it is real consumer demand and it is helping US employment.

Sat, 02/09/2013 - 19:02 | 3229446 kill switch
kill switch's picture

We are all detached from reality,,

 

 

This is reality,,

 

http://www.youtube.com/watch?v=ZLQ7klqYE_4

Sun, 02/10/2013 - 11:25 | 3230432 Kickaha
Kickaha's picture

To cite as reality even a stirring portion of a Hollywood depiction of the Alamo legend is genuinely hilarious.

Sun, 02/10/2013 - 20:46 | 3231739 SeattleBruce
SeattleBruce's picture

Good clip.  Talk about the good ol' days!

Sat, 02/09/2013 - 23:13 | 3229787 bobthehorse
bobthehorse's picture

The market has to be manipulated.

If not, we fall into a huge deflationary depression.

We've decided to settle for an endless Japanese-style recession instead.

What's a banker to do?

http://www.angrysinner.blogspot.kr/2013/02/yesterday-my-family-went-to-public.html

Sun, 02/10/2013 - 00:52 | 3229948 RafterManFMJ
RafterManFMJ's picture

I bought a new Jeep, and then drank the night away at a dive bar! I'm more dangerously detached from reality! Seven years, zero percent baby!

Sat, 02/09/2013 - 16:58 | 3229231 Mark123
Mark123's picture

So, are you saying I should buy Amazon stock now on margin? It looks like a great long term investment that my grandchildren will thank me for.

 

ps - I LOVE the picture of Obama - classic!

Sat, 02/09/2013 - 17:00 | 3229236 francis_sawyer
francis_sawyer's picture

Meh ~ I was kinda waiting for the foto of him skeet SHOOTING joobux out of an elephant gun...

Sat, 02/09/2013 - 17:15 | 3229259 dick cheneys ghost
dick cheneys ghost's picture

Pat Buchanan was channeling his inner francis_sawyer in his latest article.....

 

here is an excerpt:

 

"Yet, according to Jim Lobe of Inter Press Service, who reviewed the transcript of Hagel’s eight hours of testimony before the Senate Armed Services Committee, there were more mentions of Israel, 178, than of Iraq, Afghanistan, Russia, Palestine and Palestinians, North Korea, Syria, Pakistan, Egypt, China, NATO, Libya, Bahrain, Somalia, al-Qaida, Mali, Jordan, Turkey, Japan and South Korea combined.''

 

''Query: What is behind this Republican preoccupation, bordering on obsession, with Israel and its nemesis Iran, to the near exclusion of other threats and dangers faced by our country all over a world that is a good bit larger than one small corner of the Middle East? Has Sheldon Adelson replaced Henry Kissinger as the eminence grise of the GOP?''

 

http://www.humanevents.com/2013/02/05/buchanan-the-gop-obsession/

 

i'm sure that the overly sensitive 'lasvegasdave' can explain this to us

 

(gee, I wonder why Pat Buchanan is no longer on the MSM?)

Sat, 02/09/2013 - 18:39 | 3229411 Spigot
Spigot's picture

"...to the near exclusion of other threats and dangers faced by our country..."

Yeah, one of the things that keeps me up at night is the possiblity of Pakistan declaring war on the US. MmmmHmmm...then there's Egypt,and Mali...boy am I going to be up all night worrying! WoWah!

Sat, 02/09/2013 - 18:55 | 3229435 francis_sawyer
francis_sawyer's picture

LasVegasDave is probably too busy cleaning Sheldon Adelson's pool to reply...

Sat, 02/09/2013 - 20:56 | 3229632 Spigot
Spigot's picture

Who gives a shit. The elites use this nation's resources, its military, for their own purposes and wrap the flag around it. There is no threat. Its part of the agiprop used to coral the sheeple into supporting their use of the US military for private multinational corporations' ends. Same as it ever was. Corporations go stake a claim on resources in a particular naiton, then muscle the national government to do its bidding, essentially raping its resources and people, then when they get push back by the locals they get the US government to invade and depose the resisting regime with a regime more friendly to the corporation's interests. ME = oil, Afghanistan = minerals and lauching pads for attacks against Iran = oil, etc even pineapples were cause for use of the US navy to intimidate the king of Hawaii...same as it ever was.

Sun, 02/10/2013 - 00:18 | 3229859 willwork4food
willwork4food's picture

You're absolutely right. But we don't need to stand up and sing the star spangeled banner with a tear in our eye anymore. It always jerks my meat when idiots actually talk about the evil, terrorist towel heads.

Sat, 02/09/2013 - 22:08 | 3229725 otto skorzeny
otto skorzeny's picture

Pat is a true conservative-unfortunately he is a little too truthy.

Sat, 02/09/2013 - 18:06 | 3229341 kito
kito's picture

poor francis----hes got JOO fever.........

Sat, 02/09/2013 - 18:12 | 3229353 dick cheneys ghost
dick cheneys ghost's picture

the joos must have something to hide. They are way to sensitive. Perhaps we could have the MSM investigate the 'Joosish Lobby'...........Oh, I forgot, the MSM is run by the joos

Sat, 02/09/2013 - 18:33 | 3229392 kito
kito's picture

dicks ghost:  another ignorant backswamp bigot who still believes jews have horns...did your grandpa sit you on his lap and tell you bedtime horror stories about JOOS with horns who would steal little children in the night? perhaps you should do some research on JOOS and msm....an irishman burke runs nbc, ted turner (not a JOO) runs cnn, rupert murdoch (not a JOO) runs fox...i guess they arent all JOOS, eh?...............................do you rip on JESUS for being a JOO??............. btw, the bushs and clintons, who have held a monopoly on the dictatorship of the u.s., arent JOOS...neither is dick cheney, donald rumsfeld...11 of the 14 fed chairmen werent JOOS......btw DICK....what is a JOO???  

Sat, 02/09/2013 - 18:58 | 3229440 dick cheneys ghost
dick cheneys ghost's picture

 you more sensitive than 'lasvegasdave'.........

 

http://theunjustmedia.com/Media/Six%20Jewish%20Companies%20Control%2096%...

Sat, 02/09/2013 - 19:04 | 3229452 dick cheneys ghost
dick cheneys ghost's picture

btw, Im fucking tired of bill kristol, a neo-con jew, going on c-span and telling people that The US is not an empire

Sat, 02/09/2013 - 19:16 | 3229451 francis_sawyer
francis_sawyer's picture

@kito

~~~

Your... "What is a JOO" question has been answered many times here... I'm not going to go over it for the 10th time... It would serve zero purpose because your mind is hardwired...

You're SERIOUSLY going to question whether or not MSM is controlled by joos?... Are you out of your fucking mind?...

Bush & Clinton [Rumsfeld & Cheney, by circumstance] [Prescott started it with his pal Harriman]... Live to serve the JOOS... As do you... DANGER WILL ROBINSON!

~~~

You're skating on thin ice pal... The NANOSECOND that the United States loses it's hedgemony status, your BFF's... da jooze... are gonna wanna be hustling their little asses into caves to think about things for awhile... This isn't a 'one man' francis_sawyer act here... You'll see it happen all over...

Sat, 02/09/2013 - 21:31 | 3229687 klockwerks
klockwerks's picture

This is all pretty stupid wasting time talking about "joos" You had better pay attention to the article you hopefully read and make sure you and yours are very well prepared when it explodes. All this tiresome chatter about when it started, who started it and who was at fault means zip, nada, nothing compared to what is soon to befall all of us. You had better have planned accordingly or your going to be one of the many at the FEMA camps  looking for food. The past doesn't matter because you can't change it and you can't change who running this show. What you can change is what your doing now.

Sun, 02/10/2013 - 08:56 | 3230273 dick cheneys ghost
dick cheneys ghost's picture

Wrong you are. Very important to know what happened and what/who caused it. Thru out history the joos have rewritten the history books to blame their actions on someone else. We cant and wont let the jooz get away with it this time. DEBTMONEY will be blamed on the joos, 12 yr long trillion dollar wars will be blamed on the joos and hollywood propaganda will be blamed on the jews.

Sun, 02/10/2013 - 21:43 | 3231869 SeattleBruce
SeattleBruce's picture

dick cheney's ghost: "Thru out history the joos have rewritten the history books to blame their actions on someone else."

Wow, really?  Please elaborate 'ghost'.  I'm sure it's only the Jews who are evil and dishonest and no other people from any other race and religion - ever.  Do we really have to explain how crazy, juvenile and assanine that sounds?

"12 yr long trillion dollar wars will be blamed on the joos and hollywood propaganda will be blamed on the jews."

Uh huh, and no one else, no other power, was trying to secure oil channels, and certainly no muslims have anything to do with any of the violence either?  Things are just slightly more complicated than 'joo this, joo that...'

Sun, 02/10/2013 - 00:21 | 3229862 kito
kito's picture

gotcha adolf sawyer.....

Sun, 02/10/2013 - 11:52 | 3230456 Nostradalus
Nostradalus's picture

     can I make an objective comment re: "da jooz"? it is NOT "da jooz" per se. that would be like condemning the american people for the crimes of its "leaders". no sirree bob. the distinction is that it is the "israeli gummint" that commit all these atrocities in the names of their people. the jew on the street is just as propagandized as the typical american on the street. and the iz .gov beats the shit out of jews that protest iz.gov policy. i believe there isn't an "honest, caring, beneficial" .gov on the entire planet. any thinking person would already understand that tho...

hope this helped someone here to understand the difference.

PS oh yes, we have a grand list of all the traitors to humanity that should be "acted upon" at the appropriate time. and we will...

Sun, 02/10/2013 - 21:33 | 3231834 SeattleBruce
SeattleBruce's picture

Duplicate.

Sun, 02/10/2013 - 21:34 | 3231843 SeattleBruce
SeattleBruce's picture

francis_sawyer: "You're SERIOUSLY going to question whether or not MSM is controlled by joos?"

Four suggestions Francis:

1) Don't listen to/promote/support the MSM, nor the banking/financial system, as legitimate, - whoever controls them (is it controlled by liberals, Jews, women, men, Kalifornians, New Yorkers, Kenyans, globalists, bankstas, silver spoonsters, skull & bonesters...)??  Whatever the case, these 'institutions' are messed up and support the idiotic political/economy status quo.

2) Failing that, employ somone of your race (what is it?) - I bet your NOT Jewish...LOLOLOL....to advocate like Jesse Jackson and Al Sharpton do for blacks in the sports leagues and in other scenarios - but within the MSM and the financial system for more ownership, control, event representation in it by people of your 'holier' tribe (clearly you're holier and more pure than Jews) - say for Polish or Welsh, or Italians, or Norwegians, or Ukrainians - or whatever the hell you are.

3)  Get ready for the implosion and reset. You know stack phys gold and silver, buy/work farmland, et al.

4)  Quit going on ad naseum about who controls what based on race/religion.  There are thousands of races and religions in the world.  There are an estimated 25,000 people groups (think tribes) in the world.  We know the world's screwed up, or we wouldn't be here examining the economies of all races and peoples on the earth here, everyday.  If the Jews have disproportionate representation, power, ownership to their numbers, maybe a lot of them worked really hard or had advantages based on their upbringings, or perhaps they do a great job of hanging together as a community, and maybe you and your tribe should get off your asses to make more of a difference for your 'holier' tribe.  Oh, and did I mention there's an economic/monetary reset coming?  Here's your opportunity - and perhaps in 100 years, we'll be moaning about those evil Francis Sawyer-ans...

Just sayin'...

Sat, 02/09/2013 - 20:51 | 3229613 tango
tango's picture

Kito, No sane person obsesses constantly about ethnic or religious hatred.   It's collectivism 101, medieval and silly.  But it had to be taught and almost surely it came from a religious perspective. Hindus or Buddhists or Shintoists don't give a rat's ass if someone is Jewish. As an atheist I have never understood the Christian hatred for Jews when their supposed god was a Jew and they use Jewish scripture in their Bible.  I try to avoid such folks because almost certainly hear will be spouting illuminait,  aliens, the Vatican plot or pyramid power. 

Sun, 02/10/2013 - 00:24 | 3229870 willwork4food
willwork4food's picture

I have never experience modern Christian hatred for Jews. From what era are you referring? Most Christians these days not only support Jews, but financially support a Hagge type spiritual movement.

 

Sun, 02/10/2013 - 12:30 | 3230544 tango
tango's picture

Chances are (1) you are not a Jew and (2) you don't associate with many.  Until very recently, Jews were banned from colleges and sports teams in the US.  They are still banned at some of the unenlightened country clubs.   The idea of Jewish integration withing "Christian" society is a recent phenomenon and as Europe shows, very tenuous.   Those "evil Jews" ideas taught to kids seem to emerge at the slightest opportunity (look at the wet dream excitement of those who strive to include Jewish condemnation in every post regardless of its idiocy).  Ingrained ideas - religion, sex, work habits, entertainment - are the most powerful.  

Sun, 02/10/2013 - 21:59 | 3231901 SeattleBruce
SeattleBruce's picture

Tango, I think most of what you're referring to - 'Christian hatred of Jews', pogroms against Jews, et al, were power struggles by power players that aligned with Christians and used circumstances to fan flames against Jews.  That said, there is no Christian tenet ever taught that would support pogroms against differing races or religion.  In fact, quite the opposite.  People have misapplied the Chronicles and histories of the Old Testament in attempts to justify violence and slavery and such.  But there are many examples in fact in the OT, of 'gentiles' being grafted into the Jewish community (e.g. Rahab).  One of the bad marks against Luther was his anti-semitic references, which may have been used by some to justify violence against Jewish minorities.  But this is no different than any tribe justifying violence against other tribes or minorities, and such has also been done in support of the 'atheist' tribe - if you look at what the secular atheists did to religious folk in Russia and China, for instance.

Such power players attempt to justify such actions in pursuit of raw power in the name of religion (or say in the name of Christianity) - but this is no tenet of Christianity, I'll say that, and those 'christians' are horrible examples of Christians, if they ever were Christians at all.  As were those atheists poor example of caring atheists, if they knew what such were.

Mon, 02/11/2013 - 10:55 | 3233122 tango
tango's picture

Seattle, most Christians (like my friends) are good. But I am struck at how often posters engage in this religious/ethnic ranting.  It's actually a long continuum in Christian culture and rises during times of problems ("let's blame somebody for our mistakes"). My point: the root of this irrationality is religious teachings.  People don't naturally hate others unless they are taught to do so.  Marxists did not slaughter tens of millions due to atheism. They did so because they were sickos who put ideology over peoplel  Take care. 

Thu, 02/14/2013 - 14:56 | 3243296 SeattleBruce
SeattleBruce's picture

My response was not a ranting, but a response to your comment: "As an atheist I have never understood the Christian hatred for Jews".  What you say, is a broad generalization - 'the Christian hatred for Jews' - implying it's part of the philosophy of Christianity.  My response is a bid to say, it's not.  I also took pains to say that the massive killing by atheist movements in Russia and China do not represent all atheists.  That's my point about both philosophies.  Just suggesting we back off the generalizations.  And here's another one of yours: "My point: the root of this irrationality is religious teachings."  How is that not a complete generalization?  Are saying the golden rule doesn't have applicability to atheists...or that efforts toward selflessness don't have a place there?!

Sun, 02/10/2013 - 03:52 | 3230142 Raymond Reason
Raymond Reason's picture

Hindus, Buddhists adn Shintoists have not been a Jewish target...yet.  Christians are public enemy #1 to the Jews, and always have been, for one obvious reason.  The Christian religion specifically condemns Jews (but you wouldn't know that because you're not a Christian).  Of course that teaching has been modified in recent history in American churches. 

Sun, 02/10/2013 - 12:12 | 3230480 tango
tango's picture

Well, I guess Christian condemnation of Jews is exactly what Jesus would have liked since he was...a Jew.   The fact that Christianity "specifically condemns Jews" is only one more reason I'm glad I am not a believer in such nonsense. 

Sun, 02/10/2013 - 14:24 | 3230875 Raymond Reason
Raymond Reason's picture

The condemnation and vilification of Jews come exactly from Jesus. 

Mon, 02/11/2013 - 10:56 | 3233127 tango
tango's picture

Yeah, that's what Jesus taught - hatred of others.  

Thu, 02/14/2013 - 15:02 | 3243777 SeattleBruce
SeattleBruce's picture

"The condemnation and vilification of Jews come exactly from Jesus. "

Jesus condemned washing the outside of the cup, without cleansing the inside.  He condemned Jewish leaders, and others (sinners of all stripes) that were hypocrites ("You brood of vipers!")  He did not condemn and vilify Jews.  You're wrong there.

Sun, 02/10/2013 - 01:23 | 3230000 MedTechEntrepreneur
MedTechEntrepreneur's picture

Sawyer et al are just goyim who dont realize that their Joo conspiracies just make them look stupid.  I mean arent they smart enough to prevent the Jooo from obtaining this secret power?  I guess not!  We cant outsmart the Joo so we will HATE him...fkin losers.

Sun, 02/10/2013 - 09:01 | 3230283 dick cheneys ghost
dick cheneys ghost's picture

nothing to do with knowledge, the joos have no morals/ethics. thanks to the internet, we know what their crimes are. they cant rewrite the history books anymore.

Sun, 02/10/2013 - 10:35 | 3230389 CH1
CH1's picture

the joos have no morals/ethics.

Translation: Pay attention to me!!!!!!!!

Sun, 02/10/2013 - 12:21 | 3230506 tango
tango's picture

You win the Dumbass of the Year award.  First, it's "Jew" not "Joo" (learned first grade).  Second, assigning group values ("all blacks are lazy", "all Indians are poor at sports", "all Hispanics are stupid") is the argument of those unable to make a rational arguement.  And third, "thanks to the internet" you know their "Crimes".  Fortunately, You Tube videos or web comments by those living in Mom's basement do not qualify as "proof" of anything except the gullibility and ignorance of those who prefer outlandish nonsense to critical thinking.  Have a nice day 

Sun, 02/10/2013 - 10:04 | 3230354 CH1
CH1's picture

poor francis----hes got JOO fever.........

I've got 50 bucks that says he works for Sunstein.

Sun, 02/10/2013 - 12:32 | 3230553 tango
tango's picture

I'd bet he had some of that tainted blood because everyone knows that over the past million years all blood lines have remained pure as snow.  LOLOL

Sat, 02/09/2013 - 17:05 | 3229247 Squid Vicious
Squid Vicious's picture

I would wait for a clear break-out above $280 to confirm the uptrend...

Sat, 02/09/2013 - 16:59 | 3229234 Rusty Shorts
Rusty Shorts's picture

...and I'm 80% horse.

Sat, 02/09/2013 - 16:59 | 3229235 ISEEIT
ISEEIT's picture

The odds are against us in the near term...But inevitably in our favor in the long term. That or the entire planet goes North Korea style ( what they hope for).

Sat, 02/09/2013 - 18:14 | 3229358 knukles
knukles's picture

Take a look at the latest cover of the Economist
Headlining a brand new better living conditions, more freedom, better food, etc., North Korea.  Aka, the Leviathan, the NWO works.  All's changing for the better.

Sat, 02/09/2013 - 22:38 | 3229750 lakecity55
lakecity55's picture

I'm waiting for articles to appear in pravda that the Norks have it really good, and we should be like them.

Sat, 02/09/2013 - 21:42 | 3229700 centerline
centerline's picture

Now... that's funny.

Sat, 02/09/2013 - 17:02 | 3229241 Kitler
Kitler's picture

I'll place 50 bucks on fiscal calamity.

Sun, 02/10/2013 - 13:42 | 3230777 TheMerryPrankster
TheMerryPrankster's picture

I'll take fraud for 500, alex.

Sat, 02/09/2013 - 17:04 | 3229245 Motorhead
Motorhead's picture

Wait till they start blaming more shit on the current winter storm.

Sat, 02/09/2013 - 17:51 | 3229316 Debeachesand Je...
Debeachesand Jerseyshores's picture

Why did you think they gave this Winter Storm a name (Nemo)? So they can inprint that name (Nemo) in every dingyberry's brain to justife every piece of shit economic news coming from the BLS etc.

They blame everything possible in the 4th Quarter on Superstorm Sandy including the miserable GDP number for the 4th Quarter.

And don't get me started with another blast of BullShit coming from Climate Change demented AssHoles about Winter Storm Nemo.

Sat, 02/09/2013 - 18:16 | 3229364 knukles
knukles's picture

North Eastern Meteorological Omen

"NEMO"

Come on boys and girls, it's subliminal messaging time!
Omen, as in bad shit befalls those who do not believe and support the Leviathan and it's Perceptions Managed Upon You.

I love Big Brother.
Good Bye.

Sat, 02/09/2013 - 22:36 | 3229749 lakecity55
lakecity55's picture

I for one welcome our new storm overlords.

Sat, 02/09/2013 - 19:34 | 3229503 Motorhead
Motorhead's picture

Yep, it's no longer "global warming"...it's "CLIMATE CHANGE".

In a minute, I'm gonna go affect the climate here at the house by taking a massive dump.  How's that for climate change, al-Gore?

Sat, 02/09/2013 - 18:05 | 3229338 ebworthen
ebworthen's picture

CNBC ran a story friday:

"Economists predict buying ahead of storm Nemo could offset loss of sales because of Nemo."

What next geniuses?

"Economists predict sales this Saturday may offset sales on Sunday."

or

"Summer's increased sales of air conditioners and fans to offset sales in the dead of Winter."

Unbelievable!

Sat, 02/09/2013 - 18:17 | 3229366 knukles
knukles's picture

The best shopping day to come will be the day before yesterday.

Sun, 02/10/2013 - 13:36 | 3230760 TheMerryPrankster
TheMerryPrankster's picture

Must use precison economic term when referencing data "unexpectedly" or "surprizingly"

"Suprizingly, the best shopping day to come will unexpectedly be the day before yesterday."

More after this break.

Lies, damned lies, and government statistics, - Bernanke's 3 point, economic recovery plan.

 

Sat, 02/09/2013 - 19:46 | 3229525 NidStyles
NidStyles's picture

Gah, I really wish they would quit references economists with this nonsense. It's bad enough the talking heads pretend to have a clue, but when they attribute nonsense to economists it's even worse.

Sat, 02/09/2013 - 17:06 | 3229250 NidStyles
NidStyles's picture

What is this "NOW" stuff? You have 310 Million people running around chasing slips of paper FFS.

Sat, 02/09/2013 - 17:30 | 3229282 disabledvet
disabledvet's picture

it all starts...and ends...with prices. the goal seems simple enough. according to the Lords of Economic Elixir "as long as prices do nothing but go up" all is well. Once "the Price is Wrong" however...then "it's time to get to work and kill this thing." http://www.youtube.com/watch?v=8QJiAK-s5a0 it's not easy to be "commanding the heights of the economy" you know. what if what you're doing is all wrong?

Sat, 02/09/2013 - 17:35 | 3229292 palmereldritch
palmereldritch's picture

Had they only hooked up the Titanic's passengers in steerage to the same two-bit grifter hologram. Things would have been less messy

Sun, 02/10/2013 - 00:28 | 3229880 willwork4food
willwork4food's picture

True dat...s'why I always take the blue pill. With some good beer.

Sat, 02/09/2013 - 17:37 | 3229296 ziggy59
ziggy59's picture

The worst part is that the sheeple will bleat even after being fleeced another ( x+1) time AGAIN, and the very same basTURDS and corrupt will claim, ignorance and couldnt see it coming.

Sat, 02/09/2013 - 17:40 | 3229301 PAWNMAN
PAWNMAN's picture

What even scarier is the rush to disarm the public at the same time the fuse has been lit on the global economy. Coincidence? I think not!

Sat, 02/09/2013 - 17:42 | 3229304 Clowns on Acid
Clowns on Acid's picture

This article is way late...as soon as Obama won his 2nd term... the US "en todo" was completely detached from reality.

 

Sat, 02/09/2013 - 17:52 | 3229317 falak pema
falak pema's picture

the USA was detached from reality from 1991 onwards; when NWO began and they started to park all their industry in China; all the while pulling on the fiat debt pump and going into deregulated oligarchy construct bigtime. 

The rest is cause and effect...

Sat, 02/09/2013 - 17:54 | 3229324 prains
prains's picture

because  what his face from the GOP was gonna change the whole plan for the better..........riiiiiiiight??????

Sat, 02/09/2013 - 18:10 | 3229349 Clowns on Acid
Clowns on Acid's picture

It's pretty obvious.

Sat, 02/09/2013 - 18:04 | 3229335 debtor of last ...
debtor of last resort's picture

Come on bitchez, this thread gives you extra Fema bonus points. And a free Bernank mantits poster in your locker.

Sun, 02/10/2013 - 01:34 | 3230017 Redhotfill
Redhotfill's picture

JOO mantits?

Sat, 02/09/2013 - 18:52 | 3229409 michael_engineer
michael_engineer's picture

The author states "I realized that, in truth, there were no legitimate economic numbers to examine anymore."

The economy is, and always has been underpinned by the flows of energy and natural resources. Any analysis strongly based on those concepts and trends will find the core truths and core values no matter what other bullshit and turds are floated from the "bulls" and their enablers.

What's the best method of dealing with a turd? Conventional southern wisdom dictates that you can't polish a turd, which many economists seem bent on doing to the chagrin of many. So courtesy flush the turd already for Pete's sake.

Sat, 02/09/2013 - 18:53 | 3229431 sgt_doom
sgt_doom's picture

Bullcrap, phony baloney --- you are stating a truism to counter the klepto-plutocracy ruling today in America --- can't overlook reality, dood!

To use an imaginary fallacy --- look to the concrete, but ignore the weeds growing through and destroying it --- is specious and ignorant.

Sure, energy is the basis of everything; but layering on endless layers of corrupt bullcrap by those who enjoy the "divine right" of money creation, the transnational capitalist class -- is pure disinformation, sweetie pie!

sgt_doom has correct his faulty thinking once again

Sat, 02/09/2013 - 21:46 | 3229703 centerline
centerline's picture

+1.  A truth within a lie.  Does it really have any merit.  I wager not - at least in the grand scheme.  But the author must be commended for the step in the right direction.

Sun, 02/10/2013 - 00:34 | 3229896 willwork4food
willwork4food's picture

What lie is that dood?

Sat, 02/09/2013 - 18:57 | 3229413 devo
devo's picture

Agree stocks are overpriced. Problem is there's nowhere else to go. Cash and bonds (both debt instruments) are bubbles and housing will die another death shortly. That leaves stocks and PMs/commodities. Maybe. Who the fuck knows.

Sat, 02/09/2013 - 19:35 | 3229507 Meat Hammer
Meat Hammer's picture

I'd go with the ones that have been used as money for 5,000 years or so.  

Sat, 02/09/2013 - 20:31 | 3229596 oddjob
oddjob's picture

tradition.

Sun, 02/10/2013 - 02:00 | 3230052 Rusty Shorts
Rusty Shorts's picture

food.

Sat, 02/09/2013 - 19:04 | 3229447 proLiberty
proLiberty's picture

When the Federal Reserve Corporation buys 75% of the Federal government debt issued in February and about half of the federal spending is financed by debt and about 25% of Walmart's sales and profits come from recipients of government welfare benefits, what percent of consumer goods companies like P & G are financed by air-backed money, and what percent of S & P 500 profits are elevated because of massive levels of money printing, and what would the DJI or S & P 500 index fall to should the money printing stop?  

 

In other words, how much of the present level of the S & P 500 index is pure hot air?

 

Sat, 02/09/2013 - 19:16 | 3229466 devo
devo's picture

Probably 50%.

Everyone is going to lose, it's just a matter of losing the least, which is tantamount to winning the most. So will people lose more in stocks or sitting in cash? So far more purchasing power has been lost by sitting in cash. Figure 5 years @ 5-8% inflation. It's going to take a 40% correction in stocks for them to lose out to cash. Definitely possible. All of this is about timing. Everyone knows cash is bad. I think those sitting on it are "waiting for the big one" and then they'll buy. Might not come for a while, though. England and Japan have been doing similar things for decades.

Sun, 02/10/2013 - 01:38 | 3230024 Redhotfill
Redhotfill's picture

Joco Homo were all Devo---De Evolution.  My metals are all up silver, gold, brass, lead and copper.  Black rifle prices have never been higher!

Sat, 02/09/2013 - 19:04 | 3229449 GeorgeHayduke
GeorgeHayduke's picture

It's not just the economy. Most Americans themselves are quite detached from reality with nearly everything in their daily lives.

Sun, 02/10/2013 - 13:16 | 3230708 TheMerryPrankster
TheMerryPrankster's picture

The whole point of television is to paint a false reality and then program the viewers to beleive it.

No one lives like they do on TV and no one can solve their problems with the solutions given on television.

It is a fantasy and most people are delusional because they think it is real.

Between pyscho-meds and televsion the drones are programmed to stay on the treadmll for that carrot that they can never have and they can't understand why it doesn't work like on tv.

Turn off your television and sell it to some sucker and began to see the world you live in.

Sat, 02/09/2013 - 19:07 | 3229454 q99x2
q99x2's picture

If someone doesn't put these fuckers into prisons soon something will turn on them big time. They are idiots.

 

Sun, 02/10/2013 - 00:48 | 3229934 willwork4food
willwork4food's picture

If someone doesn't do a Christopher Dorner on those fuckers they will escape to their private islands with our money and leaving us the canned spam (that will cost $45).

Sun, 02/10/2013 - 01:39 | 3230027 Redhotfill
Redhotfill's picture

Prisons! lol  They need to be on the wrong side of the dirt.  Thats the only way to stop this kind of scum.

Sat, 02/09/2013 - 19:21 | 3229460 Monedas
Monedas's picture

While conventional control freak communists seek to control the internet in the classic ways of censorship .... the Paul Krugman, Ben Bernanke elites have found a better way .... let the information revolution drown out significant commentary .... by flooding the media with MDB and Chris Hedge inanities .... the wisdom of Monedas is lost in the roar of the low information types !

Sat, 02/09/2013 - 19:20 | 3229477 Monedas
Monedas's picture

In the land of the poor .... the EBT nigger is king !

Sat, 02/09/2013 - 19:22 | 3229481 trendybull459
trendybull459's picture

USA economy detached from reality because you sent us spy from Central Bank,now Holly Land in troubles:

http://trendybull777.blog.com/

Sat, 02/09/2013 - 19:22 | 3229483 ramacers
ramacers's picture

obvious the setup for big-time (well beyond great depression) tanking of economy is underway. stalinism is in sight. get the ar-15 and bigger tooling/ammo  shops underground right now. homeland sec. stockpiling ammo.

Sat, 02/09/2013 - 19:31 | 3229486 Monedas
Monedas's picture

You did hear Rush .... about the "lady" .... whose $200 purse was stolen .... inside were her credit cards, $800 in cash and her food stamps ?

Sat, 02/09/2013 - 19:35 | 3229505 Freddie
Freddie's picture

Limbaugh has become a chickshit sellout because he is scared of O like everyone else.  He is pimping for amnesty RINO Rubio.  He could have had the guts to say the elections was stolen. Instead he talks about Apple's shit and the Steelers. 

F the NFL, TV and Hollywood.  

Sat, 02/09/2013 - 19:38 | 3229511 Meat Hammer
Meat Hammer's picture

None of the radio talking heads ever mention The Fed.  Chicken shits.

Sat, 02/09/2013 - 20:44 | 3229610 Freddie
Freddie's picture

They are all Operation Mocking Bird puppets.  Beck is about the only one who is even close. he does talk about gold.  the other just take gold company ads.   LOL!  Tyler has a Lear capital banner ad next to my post with a bar of shiny gold.  ;-)

Limbaugh talks about his jet, golf, the suck a*s Steelers (who gives a shit about ball sports - bread and circuses), Apple's crap and other nonsense.  He also actually pimps all the scum on TV.

F TV, Hollywood and the NFL.  It is for retards and serfs.

 

Sat, 02/09/2013 - 22:29 | 3229741 lakecity55
lakecity55's picture

+100, Freddie!

I only now sometimes listen to Rush to see what he is pimping for Mockingbird.

Schnitt, th ex-shock jock, is the latest mbird asset.

If Rush told the Truth, he'd be dead of a heart attack in 24 hours, probably from that young minder chick they put with him.

Sun, 02/10/2013 - 00:51 | 3229942 willwork4food
willwork4food's picture

Damn Freddie, you must have been real fun during Super Bowl Sunday! Party-pooper!

;)

Sat, 02/09/2013 - 19:44 | 3229515 Monedas
Monedas's picture

I know we need a "Right Wing Chris Hedges" .... but, Rush get's trashed and he's just a Reagan Republican ?  Look how they treat RP and the Tea Party .... any volunteers  ?

Sat, 02/09/2013 - 20:49 | 3229615 Freddie
Freddie's picture

Rush was over for me when he went Amnesty with RINO Rovian/Bush RINO Marco Rubio.   also after the elction he failed to talk about massive vote fraud and said GOP voters never showed up. This was the lie all the RINO fake conservative talkers started spewing.

He likes his mansion, jets, stupid Apple junk, and other crap.  He is a waste of time now.  O probably gave him the heart attack or Breitbart warning in Hawaii to make sure he would toe the line.  He is.

Sun, 02/10/2013 - 12:11 | 3230475 Nostradalus
Nostradalus's picture

Rush was ALWAYS a waste of time from the beginning. i think it's called "controlled opposition". also he is the biggest fucking hypocrite around. "Believe in humanity, not an individual human." nostradalus@twitter

Sun, 02/10/2013 - 13:45 | 3230784 Conax
Conax's picture

His response to the 911 truth movement was to call everyone 'kooks'.  He would make sure he called them that at least once every day for a year or two.

That's when I gave up on the dumbass.

Sat, 02/09/2013 - 19:49 | 3229528 sethstorm
sethstorm's picture

I have, they do make great music.  Never heard of them talking about politics though.

Sun, 02/10/2013 - 01:41 | 3230029 Redhotfill
Redhotfill's picture

Well thats complete made up BS because there are no physical food stamps.  Its all electronic.

Sun, 02/10/2013 - 04:04 | 3230149 WTFUD
WTFUD's picture

She's no "lady" dude , you forgot to mention the "clit" ring. Also the $800 was mine, bitch slipped me a mickey finn. Darnit

Sat, 02/09/2013 - 19:29 | 3229497 Monedas
Monedas's picture

The new reality .... it now pays for whites to mug blacks !

Sun, 02/10/2013 - 00:54 | 3229951 willwork4food
willwork4food's picture

That's kind of funny. Around these parts of the woods there are a lot of very well-educated, wealthy,  connected Black Folks.

Sat, 02/09/2013 - 19:33 | 3229501 Meat Hammer
Meat Hammer's picture

The black market economy is working great.........so I hear................allegedly.

Sat, 02/09/2013 - 19:47 | 3229526 sethstorm
sethstorm's picture

That can be fixed.  It's not as if things cannot be made untrackable.

Sat, 02/09/2013 - 19:46 | 3229524 sethstorm
sethstorm's picture

This is what happens when you let business think that it's OK for them to be entitled at everyone else's cost.

Sat, 02/09/2013 - 19:49 | 3229529 Monedas
Monedas's picture

Every time I use the word "nigger" .... I get noticed .... with lots of "arrow action" .... it's better than being ignored ?

Sat, 02/09/2013 - 19:58 | 3229530 earleflorida
earleflorida's picture

"Mr. & Mrs. Mayer [Moses] Amschel & Gutle [Solomon Schnaper] Bauer" __ "The Rothschild's"

Quoting Gutle... "If my sons did not want wars, there would be none."

Quoting Abraham Lincoln... "In a statement before Congress, President Lincoln states, 'I have two great enemies, the southern army in front of me, and the financial institutions in the rear. Of the two, the one in the rear is my greatest foe." __ April 14, 1865 less than two months before the end of the Civil War,... Lincoln is assassinated-- the Civil War ends May 24, 1865 ** Lincoln openly refused the High % Interest rates demanded/ offered by the British Bankers to finance America's post Civil War expenses [Rothschild's Bank! BOE?].

Quoting President J.A. Garfield... "Whomever controls the volume of money in our country is absolute master of all industry and commerce... and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate." *{this was spoken/stated publicly two weeks before he is assassinated, having held office for only 100 days [1881]}  

Finally, 'The Fruits of Jekyll Island: The creation of Frankenstein, aka. "Federal Reserve Banking [private] System Act, and the 'ADL'... thank you, Woody?     Quote: "The Act establishes the most gigantic trust on earth. When the president signs this Bill, the invisible government of the monetary power will be legalized... The greatest crime of the ages is perpetrated by this banking and currency bill."

Note: "The same year President Woodrow Wilson ran a re-election campaign under the slogan, 'Re-Elect The Man who Will Keep Your Sons Out Of The War"... sound familiar?

Ps. It never ends, and the timeline is so fucking easy today to trace/ track... having the advent of the  World-Wide Internet! A gargantuan supreme real threat to... "TPTB'! We mustn't let 'TPTB' shut down, period!

God Bless You... Julian Assange!!! 

jmo

Thank you, Mr. Smith... your post always excite and tickle my invariant matter :-))  

Sat, 02/09/2013 - 19:50 | 3229531 espirit
espirit's picture

Prepare every day.  What you'll need tomorrow, will cost moar funny munny tomorrow. 

Sat, 02/09/2013 - 19:53 | 3229533 JR
JR's picture

Four years ago, the U.S. Secretary of the Treasury revealed that the U.S. economy and its currency would be dissolved into an international system with a one-world currency and a single authority.

In March of 2009 Timothy Geithner had this to say, setting the stage: Washington is “quite open” to Chinese proposals for the gradual development of a global reserve currency run by the International Monetary Fund. 

Here is a man who had sworn to uphold the Constitution and then revealed he would give up the reserve currency status of the dollar, in effect, moving toward a single world currency and a world government, obviously not transferring Americans’ wealth to the peoples of the world but to the coffers of the international bankers.

The targeted goal of the central bankers since 1913 - now using the current currency war to implement that goal - is world control. Already the bankers have begun talks to replace the dollar with a one-world banker-controlled currency – the SDR.

It’s the fruition of a plan designed and stated in 1944 at Bretton Woods, New Hampshire, by Fabian Socialist John Maynard Keynes.*

A single world currency, of course, is one-world governance.

As TruthInSunshine succinctly put it, only “the truly hopeless sheeple” can’t now see that the goal of The Federal Reserve & Bernanke is the long planned implementation of “Keynes's ultimate dream of a global, integrated, one world economy, complete with an international currency (Keynes referred to such as the 'bancor'; we know it today as the proposed SDR), to fully bring the idea and notion of sovereignty to an inglorious close.”

And now it’s official. In a Market Oracle article posted yesterday, Jim Willie tells us that the central bankers and sovereign wealth fund managers have accepted that the present international monetary system is collapsing - a result of currency wars- and have turned to the IMF and its SDR basket as the solution.

Says Willie: “The Official Monetary & Financial Institutions Forum (OMFIF) is a forum of central banks, sovereign funds, financial policy makers, and market participants. It recently issued a report on the global monetary system, emphasizing the possibility of a major breakdown in international monetary relations as a result of the currency wars, which hinder productivity. It accepts that the present system is collapsing. It argues a formal role for gold is required to play in international finance. But they turn to the despised corrupt savage callous Intl Monetary Fund, and its broken currency vehicle, the discredited discarded SDR basket.”

However, predicts Willie, “They will be swept aside despite eyes partly open.”  Instead, he says, “the crux of the non-US$ trade vehicle devised as a USDollar alternative will be the Gold Trade Note.

”The Competing Currency War has reached a new elevated fever pitch, with the major central banks delivering powerful damage to each other while defending themselves…,” says Willie.

With Russia, South Korea, Japan, Iran, India, and Australia onboard with Chinese Yuan swap deals, one must suspect that a critical mass of perhaps half of global trade is conducted outside the USDollar shadow. This is a growing critical mass that acts much like scattered pylons on which to place a new trading platform. The key is that the collection of bilateral trade conducted by China is no longer done in USDollars.”

As additional background: In September of 2009 the IMF made the SDR fully convertible and also doubled the amount of SDRs in circulation  In February 2011,  the IMF announced that it had a plan to use the SDR as the world’s reserve currency, suggesting that they print trillions of dollars worth within the next few years, according to ITM Trading, Inc.

http://www.marketoracle.co.uk/Article38893.html

It was Keynes and Lenin who said that inflation can “destroy the Capitalist System,” -- both intended to overthrow capitalism in order to install a worldwide government-controlled socialist system. Hazlitt saw their intentions; he knew that inflation sets the stage for the rise of a tyrant.

________________________

*The United Nations Monetary and Financial Conference, commonly known as the Bretton Woods conference, was a gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States, to regulate the international monetary and financial order after the conclusion of World War II.[1]

The conference was held from 1 to 22 July 1944, when the agreements were signed to set up the International Bank for Reconstruction and Development (IBRD), the General Agreement on Tariffs and Trade (GATT), and the International Monetary Fund (IMF). --Wikipedia

Sat, 02/09/2013 - 20:04 | 3229550 NuYawkFrankie
NuYawkFrankie's picture

Re In the end, trying to make sense of the illusion is a waste of time.  All we can do is look for the exits…

 

That's all you need to know folks - but if you ain't at least psychologically detached from it already, well... then you might have a problem...

Sat, 02/09/2013 - 20:08 | 3229559 Monedas
Monedas's picture

We won the war .... would you have preferred a Birch Woods (Buchenwald) conference ?

Sat, 02/09/2013 - 20:16 | 3229562 The Heart
The Heart's picture

"I have spent the past seven years writing about “potential” threats to our overall system, but these dangers were always just beyond our sight.  Just around the corner.  Today, it is as if the journey is over, and all those threats have materialized right before my eyes as real, and imminent.  I am watching that which I warned of come to fruition, and this is certainly not a pleasant thing.  What is valuable, though, is what we have all done in the Liberty Movement with the time that we had.  From when I began writing for the movement until now, I have seen an overwhelming increase in public awareness.  It may not be obvious to newer activists, but it is there all the same.  While we still face disparaging odds, and millions upon millions of oblivious bystanders, there is, amidst these darker moments, a steadfast community of free men and women forming.  I have full faith in the future.  Much more so than I ever did before.  Our economy may be detached from reality, but our endeavors as individuals will not be.  Our resolve will be the great game changer.  Not fiscal calamity."

What a long strange trip it has been.

Yes, many can say this exact same thing. You are not alone. We are legion, but well divided. Necessity is the mother of all invention.

FOREST BROTHERS!!!!

Sometimes as a compassionate Heart, it is sad to see the possibilities as the ship continues to sink. On the other hand, as you point out the obvious truth, sometimes there is reason for hope because truly, there is still time to save the whole dang ship without too much of a shocking EVENT to cause the shift in consciousness that will do it. It is possible.

For instance, what if all the top 100 trillion/billionaires were to provide everyone in the world with free energy, free food, free medicine, free land, free healthy environments, free protection, free limited govt and infrastructure, free righteous justice, free help for anything, and all the free guidance on how to prosperously use all that is given for free? Now, it is true that there is no free lunch, and of course all this is just a thot or three, but everyone would be taught that to have the all free necessities, one must also give something for free to help propel the infrastructure of freedoms child gone wild.

Like to start, what should be encouraged now is that EVERYBODY in the entire country should grow a HUGE garden this year and give freely all that you can to others to begin the free food program. And how about cold fusion? Maximize that and everyone has free energy. How about all that useless gold sitting in the world bank IMF vaults and itty-bitty digits on a computer screen that make things actually happen in the material world? Why not put them to some real good use from an entirely humanitarian perspective?

And just to be really off the wall, what if we spent all the money they spend year after year after year on the MIC, bankster wars for profits, 900 military bases and associated costs, and brought home all our troops from the fake money maker wars, and spent all that money in the USA instead? What if all the soldiers were turned into farmers and ordered to feed the world instead of killing it? It's possible. Likely? Let the glass be half full, and not half empty on all that.

We know there is still time to do it and we have the energy and power to stand up as a society to just say NO! We do not have to repeat the world war cycle. We can all get along and keep our sovereignty and individualism. We can realize that the banksters keep two thirds of the world reserves in private hands and undeveloped, while keeping the rest of the world's people fighting over the other third, and saying there is a shortage of raw materials to build everyone a home and have five acres of pristine land in a world of absolute abundance and supply of all needs. Imagine if just one thing changed. Imagine if everyone had free energy for every need. It is possible. Who holds back this technology and abundance are the same ones that tell of the shortages, and own all the private lands.

Kudos for your excellently written truth here. It is good to see it more and more. Sooner or later the hundredth monkey will get it, and the mass mind shift will happen. We are not all always able to express the truth so perfectly englishly well, but we are all integral and part of the grand clockwork of solutions. What effects one, effects all at an unseen level. Thank you muchly good heart for effecting this crew so greatly with your light and good works here.

Sat, 02/09/2013 - 20:20 | 3229564 Son of Loki
Son of Loki's picture

When folks can't afford McDs we are in BIG trouble:

 

NEW YORK (AP) — McDonald's says a key sales figure dropped again in January as the world's biggest hamburger chain struggled to grow in the U.S. and saw a severe decline in Asia.

In the region encompassing Asia, the Middle East and Africa, McDonald's said its sales sank 9.5 percent in January.

 

http://news.yahoo.com/mcdonalds-sales-fall-tough-ahead-230225613--financ...

 

Although one must understand there are now dozens of 'knock-off' hamburger (and chicken) joints over there immitating McD's and KFC but the quality can be very poor and their safety questionable. I got food poisoning there in the Kunming airport from a bad chicken sandwich. If you must eat FF, stick with the major American branches imo.

 

 

 

Sat, 02/09/2013 - 20:24 | 3229586 El Hosel
El Hosel's picture

With drought in the midwest it getting harder to find quality worms for those famous worm burgers... margins will likely suffer.

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