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Expect These Eight Steps From The Government’s Playbook

Tyler Durden's picture





 

Submitted by Simon Black of Sovereign Man blog,

To anyone paying attention, reality is now painfully obvious. These bankrupt, insolvent governments have just about run out of fingers to plug the dikes. And history shows that, once this happens, governments fall back on a very limited playbook:

  1. Direct confiscation

    As Cyprus showed us, bankrupt governments are quite happy to plunder people’s bank accounts, especially if it’s a wealthy minority.

    Aside from bank levies, though, this also includes things like seizing retirement accounts (Argentina), increases in civil asset forfeiture (United States), and gold criminalization.

  2. Taxes

    Just another form of confiscation, taxation plunders the hard work and talent of the citizenry. But thanks to decades of brainwashing, it’s more socially acceptable. We’ve come to regard taxes as a ‘necessary evil,’ not realizing that the country existed for decades, even centuries, without an income tax.

    Yet when bankrupt governments get desperate enough, they begin imposing new taxes… primarily WEALTH taxes (Argentina) or windfall profits taxes (United States in the 1970s).

  3. Inflation

    This is indirect confiscation– the slow, gradual plundering of people’s savings. Again, governments have been quite successful at inculcating a belief that inflation is also a necessary evil. They’re also adept at fooling people with phony inflation statistics.

  4. Capital Controls

    Governments can, do, and will restrict the free-flow of capital across borders. They’ll prevent you from moving your own money to a safer jurisdiction, forcing you to keep your hard earned savings at home where it can be plundered and devalued.

    We’re seeing this everywhere in the developed world… from withdrawal limits in Europe to cash-sniffing dogs at border checkpoints. And it certainly doesn’t help when everyone from the IMF to Nobel laureate Paul Krugman argue in favor of Capital Controls.

  5. Wage and Price controls

    When even the lowest common denominator in society realizes that prices are getting higher, governments step in and ‘fix’ things by imposing price controls.

    Occasionally this also includes wage controls… though wage increases tend to be vastly outpaced by price increases.

    Of course, as any basic economics textbook can illustrate, price controls never work and typically lead to shortages and massive misallocations.

  6. Wage and Price controls– on STEROIDS

    When the first round of price controls don’t work, the next step is to impose severe penalties for not abiding by the terms.

    In the days of Diocletian’s Edict on Prices in the 4th century AD, any Roman caught violating the price controls was put to death.

    In post-revolutionary France, shopkeepers who violated the “Law of Maximum” were fleeced of their private property… and a national spy system was put into place to enforce the measures.

  7. Increased regulation

    Despite being completely broke, governments will dramatically expand their ranks in a last desperate gasp to envelop the problem in sheer size.

    In the early 1920s, for example, the number of bureaucratic officials in the Weimar Republic increased 242%, even though the country was flat broke from its Great War reparation payments and hyperinflation episode.

    The increase in both regulations and government officials criminalizes and/or controls almost every aspect of our existence… from what we can/cannot put in our bodies to how we are allowed to raise our own children.

  8. War and National Emergency

    When all else fails, just invade another country. Pick a fight. Keep people distracted by work them into a frenzy over men in caves… or some completely irrelevant island.

 


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Tue, 03/26/2013 - 15:57 | Link to Comment toys for tits
toys for tits's picture

If plugging dykes is the remedy, then I'm the doctor.

Tue, 03/26/2013 - 16:00 | Link to Comment Kilgore Trout
Kilgore Trout's picture

She's really not that into you.

Tue, 03/26/2013 - 16:04 | Link to Comment machineh
machineh's picture

It's all good fun, till one of her hair spikes pokes out your eye.

Tue, 03/26/2013 - 16:09 | Link to Comment ACP
ACP's picture

Or any of the other industrial equipment stuck to her face.

Tue, 03/26/2013 - 16:59 | Link to Comment illyia
illyia's picture

Or any of the other industrial equipment stuck to her face.

Ummm... Pot v kettle?

Like, ummm, mirror?

Tue, 03/26/2013 - 18:11 | Link to Comment Say What Again
Say What Again's picture

When the Levy breaks...

mama you got to go...

Tue, 03/26/2013 - 18:26 | Link to Comment Taint Boil
Taint Boil's picture

 

 

No offense but your face looks like you got shot in the face with a squirt gun full of trifluoromethanesulfonic acid – but I’m sure you’re a nice guy on inside.

Wed, 03/27/2013 - 00:06 | Link to Comment ACP
ACP's picture

What? You can't make fun of the ridiculous uniforms people wear to show their 'individualism'?

Tue, 03/26/2013 - 16:32 | Link to Comment Stoploss
Stoploss's picture

The speed that they are implemented in will make your head spin.

After number two, then they kinda run all together.

Tue, 03/26/2013 - 17:35 | Link to Comment Gene Parmesan
Gene Parmesan's picture

For the win.

Tue, 03/26/2013 - 17:51 | Link to Comment frankthomaswhite59
frankthomaswhite59's picture

who can possibly down-vote these comments?

must have a plug in their hole...

funny...

thanks for the laugh

Wed, 03/27/2013 - 04:40 | Link to Comment Rogue Trooper
Rogue Trooper's picture

Agreed. We can only assume they are socialist fun-nazis :?

They even down-voted you for some WTF reason????

Anyway I hereby give you a virtual +100 MOAR votes... take that humourless stazi-trolls!

Tue, 03/26/2013 - 16:01 | Link to Comment in4mayshun
in4mayshun's picture

The playbook is much less effective when the other team knows the plays.

Tue, 03/26/2013 - 16:05 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Even if they know your next play they still gotta stop you.

<The real question is.....what are we gonna do about it folks?>

Tue, 03/26/2013 - 16:10 | Link to Comment CH1
CH1's picture

The real question is.....what are we gonna do about it folks?

And "complain" is not an acceptable answer.

Tue, 03/26/2013 - 16:43 | Link to Comment orez65
orez65's picture

Exchange any US Dollars that you have into gold and silver coins.

Preferably US Gold and Silver Eagles as they have the best liquidity.

Wait until the shit hits the fan.

Buy everything at a discount with your gold and silver.

Thu, 03/28/2013 - 09:27 | Link to Comment e-recep
e-recep's picture

that's the plan, yeah, but life in sovereign fiat hyperinflation could be a little different than what we can imagine. it's uncharted territory.

Tue, 03/26/2013 - 16:47 | Link to Comment CrimsonAvenger
CrimsonAvenger's picture

You mean, all my snarky comments on websites aren't helping?

Tue, 03/26/2013 - 16:51 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

A bunch of people and I plan to grill Simon on this, this coming weekend.  At the Workshop in Santiago. 

Stay tuned, while I put my money where my mouth is.

Tue, 03/26/2013 - 22:47 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

OK, Capt. Kirk!  Please do report back with your findings, and let us know what you think of CHILE!

Tue, 03/26/2013 - 23:58 | Link to Comment CompassionateFascist
CompassionateFascist's picture

A nice place to visit, but I would not want to live there. I mean, you are lying on a beach, and out of the surf slides a killer whale who eats you. 

Tue, 03/26/2013 - 17:17 | Link to Comment FL_Conservative
FL_Conservative's picture

Nor is watching American Idiot, the DeBaucherette or Filandering with the Stars.

Tue, 03/26/2013 - 18:20 | Link to Comment enloe creek
enloe creek's picture

read comic books, it's nostalgic, you might even think for a minute there are superheroes who give a shit about you

Wed, 03/27/2013 - 06:05 | Link to Comment Rogue Trooper
Rogue Trooper's picture

What have I been doing?  Well my custom Ruger 10/22 build is going much better than expected. Lower than expected cost along with better than expected performance. The BUIS/reflex & red-dot are now are co-witnessed and that was not easy on a Ruger 10/22 which still has the standard synthetic stock.  The last issue is finding an additional rail that will provide enough additional height so I can add the scope on QR rings without removing the rear iron sight (Monday I found it!).  I will have the perfect SHTF zombie dispatching back-up platform once I get it sighted in for CCI high velocity stingers at 25, 50,75 and 100 metres.  It's already a tack driver with a standard barrel using CCI .22 standard velocity and should be lethal out to 50 to 100 metres with the high velocity .22 rounds assuming accurate placement.  At worse it's a distraction/nuisance and I can fucking run. 1st and 2nd rules will of course always apply should this scenario arrise.

So to summarise:

  • A cheap back up rifle (verses my collection of .308's), something I use a lot at the range for practice and plinking, great for varmint/pest control and a better self-defense platform than folks give credit.  Shoot yourself in the foot and see how it feels if you are still skeptical.
  • Considerable amount of fun.
  • Gunsmithing and tuning experience.
  • Time spent productively has I wait for armageddon.

That is what I have been doing...

Tue, 03/26/2013 - 17:02 | Link to Comment illyia
illyia's picture

Everyone knows what to do, CD. They just do not want to live without the (perceived and current) perks, or have their friends think they are 'conspiracy theorists'.

Who has not seen 'War Games'.

That is all, folks.

Tue, 03/26/2013 - 17:11 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

We are all herd animals.....some more than others. This is our great denial and the leverage most often used against us.

Tue, 03/26/2013 - 16:06 | Link to Comment Salah
Salah's picture

HERE'S A TRULY GREAT VIDEO...GLENN BECK GETS A HELLUVA  SUNDAY SCHOOL LESSON

WE ARE NO LONGER IN A 'CAPITALIST' SYSTEM....WE ARE IN A "CREDITIST" SYSTEM

RICHARD DUNCAN LAYS IT OUT FOR GLENN BECK, IN ALL ITS UGLY GLORY

http://www.youtube.com/watch?v=8iyCt0uwNWs

Tue, 03/26/2013 - 16:45 | Link to Comment Shell Game
Shell Game's picture

Caveat emptor on this video. I wonder how Duncan's overly simple plan of turning massive money printing toward corporate insiders won't further deepen our corrupt economic and monetary system, government and culture?  How can he possibly beleive that living outside of our means - and massively so - will lead to no toxic unintended consequences?  I never thought I'd hear a man invoke Mises and Krugmanism simultaneoudly, but behold... Richard Duncan.

Tue, 03/26/2013 - 18:47 | Link to Comment trader1
trader1's picture

duncan is a logician / utilitarian idealist.

there is nothing wrong and right.  

there is only more and less suffering, now or later or possibly never.

Tue, 03/26/2013 - 18:57 | Link to Comment peter4805
peter4805's picture

All caps = unread.

Wed, 03/27/2013 - 06:18 | Link to Comment Rogue Trooper
Rogue Trooper's picture

Salah, you got excited over nothing but no need to worry it happens to everyone!

Read CD's post which is, ironically, just above you.

"We are all herd animals.....some more than others. This is our great denial and the leverage most often used against us"


Tue, 03/26/2013 - 16:14 | Link to Comment bloostar
bloostar's picture

I'm sure there's a Dick van Dyke joke in there somewhere. If only I could find one.

Tue, 03/26/2013 - 17:48 | Link to Comment frankthomaswhite59
frankthomaswhite59's picture

yeah Toys, someone has to do it...

funny

Tue, 03/26/2013 - 15:57 | Link to Comment Zer0head
Zer0head's picture

let the 8 ball roll

Tue, 03/26/2013 - 16:09 | Link to Comment francis_sawyer
francis_sawyer's picture

I got my money on the bolded

~~~

  • It is certain
  • It is decidedly so
  • Without a doubt
  • Yes – definitely
  • You may rely on it
  • As I see it, yes
  • Most likely
  • Outlook good
  • Yes
  • Signs point to yes
  • Reply hazy, try again
  • Ask again later
  • Better not tell you now
  • Cannot predict now
  • Concentrate and ask again [this reply reserved for blowjobs]
  • Don't count on it
  • My reply is no
  • My sources say no
  • Outlook not so good
  • Very doubtful
Tue, 03/26/2013 - 16:23 | Link to Comment ZerOhead
ZerOhead's picture

Remember the rules... 8 ball last Junior.

I was amazed that the ECB/EU went for the Cyprus 1 ball into the banksters side pocket shot while all those other easier balls were still in play...

Tue, 03/26/2013 - 16:48 | Link to Comment Winston Churchill
Winston Churchill's picture

They are playing billiards.

Wed, 03/27/2013 - 03:36 | Link to Comment StychoKiller
StychoKiller's picture

"These cards are gonna fall like a house of dominoes -- checkmate!" -- Zap Brannigan

Wed, 03/27/2013 - 05:18 | Link to Comment Rogue Trooper
Rogue Trooper's picture

Or they could be snookered?

..just sayin'

Tue, 03/26/2013 - 15:58 | Link to Comment Mercury
Mercury's picture

So, does gold rally before it becomes illegal (again) or not?

Tue, 03/26/2013 - 16:16 | Link to Comment Coldsun
Coldsun's picture

You bet, the government needs to inflate the price before and during the confiscation.

Tue, 03/26/2013 - 16:03 | Link to Comment NoWayJose
NoWayJose's picture

Of course gold will rally, straight up until the government confiscates it.  But the key at that point is that your gold will be maintaining its buying power against the strongest currency left standing, and will INCREASE your buying power against all other currencies.  Nothing else can do that.

Tue, 03/26/2013 - 16:41 | Link to Comment sunaJ
sunaJ's picture

Gold is like garlic to vampire squid fiatists, to hear them talk.  Protest too much?

Tue, 03/26/2013 - 16:40 | Link to Comment Scro
Scro's picture

Wait a minute, you mean I should not have sold all of my gold and silver to buy bit coins.

Damn it.

Tue, 03/26/2013 - 16:46 | Link to Comment orez65
orez65's picture

Fuck Bitcoins, they are just another fiat money scam.

They ARE NOT MONEY.

Don't get fooled!!!

Tue, 03/26/2013 - 16:04 | Link to Comment chdwlch1
chdwlch1's picture

Magic 8 Ball says, "Ask again later"

Tue, 03/26/2013 - 16:11 | Link to Comment CoonT
CoonT's picture

Rally? I didn't think gold actually did "rally". Is gold not the absolute and finite standard by which these paper lies fluctuate and diminish? The lower it's paper price falls, the more we can accumulate..

Tue, 03/26/2013 - 16:52 | Link to Comment SpiceMustFlow
SpiceMustFlow's picture

Agreed, suits and steak dinners and all that

Tue, 03/26/2013 - 15:59 | Link to Comment jeebus
jeebus's picture

You forgot the pay raise they're giving everyone at CNBC.

Tue, 03/26/2013 - 16:00 | Link to Comment Yen Cross
Yen Cross's picture

   ( 8 )balls are used in the game of billiards. (9) balls are used in the game of banking.

Tue, 03/26/2013 - 16:08 | Link to Comment chdwlch1
chdwlch1's picture

I thought (_!_) were all that there were in banking...

Tue, 03/26/2013 - 16:10 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

In Soviet Amerika banks launder you.

Tue, 03/26/2013 - 16:01 | Link to Comment humblepie
humblepie's picture

Korea nukes Washington!!! Wait.....missile went off course, hits Beijing instead.

Tue, 03/26/2013 - 16:03 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

"When all else fails, just invade another country. Pick a fight. Keep people distracted by work them into a frenzy over men in caves… or some completely irrelevant island."

War, what is it good for?

<Distraction and scapegoating to mention just two. Plus it's the greatest invested capital destruction method known to man. Time to rebuild boyz.>

Tue, 03/26/2013 - 16:26 | Link to Comment Ignatius
Ignatius's picture

"War, what is it good for?"

For controlling the domestic agenda (and, of course, for controlling the agenda of the guy whose face you just pushed into the dirt).

Tue, 03/26/2013 - 16:34 | Link to Comment Lore
Lore's picture

What is war good for?  Population reduction and weeding of potential resistance.  The allure of a snappy uniform, a 'family' and steady income is a very old formula for shutting off young brains.

Tue, 03/26/2013 - 16:47 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

"The allure of a snappy uniform, a 'family' and steady income is a very old formula for shutting off young brains."

That.....and a pretty or handsome member of the opposite sex making eyes at you.

<We're not just talking about the boys here. Plenty of girls go dumb when a handsome hunk fashes a smile their way.>

Tue, 03/26/2013 - 16:52 | Link to Comment css1971
css1971's picture

Read "The Selfish Gene". By Dawkins. War kills off competing genetic lines. Genocide's the primary reason for war.

Tue, 03/26/2013 - 17:00 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

"Genocide's the primary reason for war."

Hush! Not with your out-loud voice. We aren't supposed to say things like that in public.

<For genetic purposes or otherwise, it's still very often Genocide.>

Tue, 03/26/2013 - 17:25 | Link to Comment Translational Lift
Translational Lift's picture

Absolutely nuttin.......

Tue, 03/26/2013 - 16:02 | Link to Comment machineh
machineh's picture

9. Blame and punish the victims.

Tue, 03/26/2013 - 16:36 | Link to Comment Lore
Lore's picture

That's interesting.

Tue, 03/26/2013 - 16:03 | Link to Comment Super Broccoli
Super Broccoli's picture

i have no suficient sight on the agenda or how bad and flat broke we are so far ... and i don't think anyone is thanks to our lame medias. All i know is you're right, history is right and repeats itself. 

 

No clue how bad it will get nor how fast it will come but one thing is pretty sure : we're closer to that hedge we've ever been for centuries

Tue, 03/26/2013 - 16:04 | Link to Comment Black Forest
Black Forest's picture

9. Execution.

Tue, 03/26/2013 - 16:22 | Link to Comment L_Conquistador
L_Conquistador's picture

You skipped rehabilitation and reeducation.  You know, for people who are too mentally ill to believe in the equity markets, etc.

Tue, 03/26/2013 - 16:20 | Link to Comment Number 156
Number 156's picture

It can be summarized simply as 'Confiscation', or heads you loose, tails you loose.

According to Justice Department statistics, the total value of confiscated property exceeded $2.5 billion in 2010, more than double from five years ago. The average take per case? $166,000… and the vast majority of cases were non-criminal.

It’s truly staggering to think about how much can be taken away from you in the blink of an eye, all without any judicial oversight or right to a hearing.

2.5 billion confiscated total in 2010, when the national debt increases 3.8 Billion dollars Per Day????

What happens when confiscation doesnt work, because it never will be enough. Its already 'Game Over'.

Tue, 03/26/2013 - 19:30 | Link to Comment Key-Rick
Key-Rick's picture

Loose = adjective.

Lose = verb.

Expression= "Heads, I win, tails you lose."

But I still gave you a +1 for being a Chuck Jones character.

 

Tue, 03/26/2013 - 16:08 | Link to Comment Nothing To See Here
Nothing To See Here's picture

You also forgot giant hides of censured goods for the governing party...

Tue, 03/26/2013 - 16:09 | Link to Comment TheMayor
TheMayor's picture

What about Argentina?

Or should we just start a list of the countries that haven't defaulted/required a bailout?

Tue, 03/26/2013 - 16:53 | Link to Comment Winston Churchill
Winston Churchill's picture

Small list.

Switzerland I think is the only one.

It was only 1971 when the USA defaulted last.One for the road ?

Tue, 03/26/2013 - 16:09 | Link to Comment sodbuster
sodbuster's picture

I don't know what you guys are worried about- Krugman has the answers! He's a Nobel Prize winner don't ya know!! Just like der Fuehrer Obama! >sarc<

Tue, 03/26/2013 - 16:14 | Link to Comment Sixdeuce062
Sixdeuce062's picture

left out fema camps MOAR FEMA CAMPS

Tue, 03/26/2013 - 17:48 | Link to Comment saulysw
saulysw's picture

Tent cities first

Tue, 03/26/2013 - 16:18 | Link to Comment CheapBastard
CheapBastard's picture

AA only has three steps and Texas has the "3 step."

It's a lot easier.

Tue, 03/26/2013 - 16:17 | Link to Comment Anasteus
Anasteus's picture

They must be very confused and desperate...

Tue, 03/26/2013 - 16:25 | Link to Comment Karlus
Karlus's picture

You forgot an important step. When price controls fail, then nationalization of businesses hit. Farmers for instance wont sell for the low prices. They will get absorbed by the govt as critical for "the people."

Tue, 03/26/2013 - 18:43 | Link to Comment optimator
optimator's picture

I'd bet more on those smaller farmers continuing on, on their own "Collective" farms.

Tue, 03/26/2013 - 16:32 | Link to Comment StarTedStackin'
StarTedStackin&#039;'s picture

Reward Failure, Penalize Successs........it's exactly what the O'Bowel Movement is about in the USA.

 

It's a shame so many Ron Paul voters were fooled by the MSM into believing that "both parties are the same"

 

Shame on you stupes.........at least the knee grows who voted Obama 98% got weffare an foodstanpz!

 

What did you clowns get?

Tue, 03/26/2013 - 16:36 | Link to Comment Ms. Erable
Ms. Erable's picture

More ammo.

Tue, 03/26/2013 - 16:40 | Link to Comment StarTedStackin'
StarTedStackin&#039;'s picture

Just about everyone here got more ammo.......

 

 

Or did your quote "more ammo" refer to the seven rounds of hollow points that Homeland "Security" bought to "give" to each American?

 

 

 

 

Tue, 03/26/2013 - 16:44 | Link to Comment edifice
edifice's picture

Two 3-round bursts and a headshot oughta do it...

Tue, 03/26/2013 - 16:46 | Link to Comment Ms. Erable
Ms. Erable's picture

The unlucky ones will get the DHS ammo first-hand; others will be able to pick it up second-hand.

Wed, 03/27/2013 - 05:32 | Link to Comment Rogue Trooper
Rogue Trooper's picture

Along with a dropped or slightly blood-stained AR Platform OF DEATH you where told you could not have and didn't need.  Plus they are true assault weapons and probably have a Trijicon, etc, along with plenty of bling. Not that you would ever waste the ammo on full-auto but the Trijicom on the otherhand? I'll buy that for a dollar!

Avoid grabbing the keys of the tricked out MRCV SUX6000 though they are just drone magnets. Resist the temptation.

MOAR TOY'S BITCHEZ!

 

Tue, 03/26/2013 - 16:37 | Link to Comment StarTedStackin'
StarTedStackin&#039;'s picture

goody one cowardly clown gives me the down arrow already, yet is too cowardly to even attempt to refute the facts!!!

 

 

Coward.

Tue, 03/26/2013 - 16:42 | Link to Comment StarTedStackin'
StarTedStackin&#039;'s picture

Cowardly clown strikes again!

 

 

Since you clowns say "both parties are the same" are you saying that Romney would be buying light tanks and hollow points to be used on Americans?

 

 

 

Thanks for Cowering!

 

 

Sniveling cowards always attack what they cannot refute!

Tue, 03/26/2013 - 17:09 | Link to Comment Things that go bump
Things that go bump's picture

I strongly suspect that the alphabet agencies have morphed beyond the control of the executive branch.

Tue, 03/26/2013 - 20:10 | Link to Comment Bad Attitude
Bad Attitude's picture

DHS is morphing into the Brown Shirt civilian agency Dear Leader wanted to be as strong as the military.

Tue, 03/26/2013 - 23:30 | Link to Comment Things that go bump
Things that go bump's picture

Remember what happened to the Brownshirts? They were purged.

Tue, 03/26/2013 - 17:35 | Link to Comment Miss Expectations
Miss Expectations's picture

I was "fooled" into believing that both parties are the same by Mitt Romney.

Tue, 03/26/2013 - 16:37 | Link to Comment ch25061
ch25061's picture

What do we do about it....solution is as simple as running to the bank to expedite the program.

Tue, 03/26/2013 - 16:38 | Link to Comment orangegeek
orangegeek's picture

Anyone heard from the Krugman lately?

 

Maybe Krugman can pull another "well if you look at the data over the last 50 years" model out of his ass and then parrot a few times how his PhD makes more right than everyone else.

Wed, 03/27/2013 - 01:35 | Link to Comment BooMushroom
BooMushroom's picture

If you look at the data from the last fifty years, it is clear that Paul Krugman is immortal, and will live forever.

He hasn't died in a half century, clearly it will never happen. Duh. You can't argue with science.

Tue, 03/26/2013 - 16:39 | Link to Comment alfbell
alfbell's picture

 

 

A bit off thread but relevant. An article that most everyone seemed to miss. Big indicator that USD as reserve currency is going bye bye faster than most would imagine. The West is disintegrating and the wealth and activity is heading to East and the BRICs.

http://www.bloomberg.com/news/2013-02-27/brics-consider-pooling-foreign-...

Tue, 03/26/2013 - 17:06 | Link to Comment Winston Churchill
Winston Churchill's picture

Right on schedule.

Dollar is over as GRC next year,.

Watch the G20 meeting in September, in Moscow,a  surprise (?) coming.

The Cypriot, and SWIFT fiatsco are coming home to bite.

Tue, 03/26/2013 - 16:43 | Link to Comment FreeNewEnergy
FreeNewEnergy's picture

So, just how long has America been "desperate?" Because I've seen all of those since Nixon, who implemented wage and price controls before shutting the gold window.

Really, Skeezix, we dun bin fricked for years, I tells ya'.

Tue, 03/26/2013 - 16:43 | Link to Comment rsnoble
rsnoble's picture

Has technology like nuclear weapons in mass been discounted for in the use of #8 that the US seems to like so much?  The rules are the same, the annihilation capabilities are much different.

Tue, 03/26/2013 - 23:27 | Link to Comment Stuck on Zero
Stuck on Zero's picture

Playbook #9: Start mass imprisonment and executions of reactionaries, terrorists, and anyone who isn't patriotic.

Playbook #10:  Flee the country to a corrupt safe haven.  Enjoy your billions in spoils.

 

Wed, 03/27/2013 - 05:54 | Link to Comment Rogue Trooper
Rogue Trooper's picture

True but the useful idiots will be left to be 'purged' and that in itself will be amusing and somewhat theraputic to those that have suffered (Paul Krugman being chopped up by a raging hoard of SNAP card zombies springs to mind).  The so called elite-victors will have to live like Pablo Escobar.  It's expensive and you can never trust anyone ever again. Even your favoured son, who has a 'Cypher' moment, and decides he want out and sells out daddy.  Because he can never leave the luxury jail. Also, with this much damage, after a time, many will be willing to fund, bribe and track them down.

I, for one, would contribute to such a voluntary fund.  If they go to Thailand or some other corrupt domicile they can be found and the next higher bidder will grant full access and look the other way.  BTW that was assuming I survive LOL!

Tue, 03/26/2013 - 17:15 | Link to Comment kevinearick
kevinearick's picture

So, the baby sharks piled into real estate rentals, assuming the Fed will maintain its course in perpetuity. Now, you know who they are and where they are, and, more importantly, you know their common characteristics. If you don’t want big sharks, don’t feed the babies, and they will consume each other. If you are in the middle class, what you care about is equality between capital and labor. All other arguments are misdirection. Teach your children not to lie so they can see their path to the future, beyond all the lies.

Labor does not incorporate, lies in its foundation; that’s capital’s gig. Liar loan anyone? anyone? anyone...?

 

Tue, 03/26/2013 - 17:10 | Link to Comment cheetahbaby
cheetahbaby's picture

Uh, thinkin' that the nationalization of lead mines and the seizure of brass fabrication/production facilities is in the plan??? CB

Tue, 03/26/2013 - 17:11 | Link to Comment hannah
hannah's picture

9. devaluation.

Tue, 03/26/2013 - 17:39 | Link to Comment overhere2000
overhere2000's picture

They could sell-off intellectual property rights.

Tue, 03/26/2013 - 19:38 | Link to Comment Bicycle Repairman
Bicycle Repairman's picture

The plan is to skip to step 8 well before, say, step 5.

Tue, 03/26/2013 - 20:32 | Link to Comment Ih8u
Ih8u's picture

MArket MAnipulation by the Federal Reserve is treason. They crashed the economy nd then stole everyones assets.

 

The Federal Reserve members are mortal criminals and traitors to the people of the US.

WE DEMAND THE FED IS SHUT DOWN WE DEMAND REPERATIONS FOR 2008 ASSET DESTRUCTION AND FED INDUCED POVERTY. KILL ALL THE TRAITORS

Tue, 03/26/2013 - 20:33 | Link to Comment rvail136
rvail136's picture

Isn't this what Hugo Chavez did in Venzuela?

Tue, 03/26/2013 - 20:43 | Link to Comment Paracelsus
Paracelsus's picture

  The Washington,D.C.,streets will look like downtown Kabul. Oh wait...

 The Detroit streets will look like downtown Fallujah. Oh shit,wait again.

 The streets of South central Los Angeles will look like....Ah fuggit.....

 Off topic but here's todays foreign language lesson,so pay attention boys and girls.

 The german word for horse is Pferd. The French word for shit is merde.Put them together and whaddya get?

 Pferd Merde  

Tue, 03/26/2013 - 22:48 | Link to Comment web bot
web bot's picture

Krugman is intellectually bankrupt. His approach to reality tv, er, reality economics is to personalize attacks on those who disagree with his script. There's got to be some daddy issues, or something with an old man and a trench coat when he was a kid. It's either that or he has some sort of learning disorder, which has impeded his ability to relate to people.

When I see his name, I develop almost turret-like symptoms where I want to throw something at my computer screen.

Wed, 03/27/2013 - 00:30 | Link to Comment newengland
newengland's picture

He's an 'educated fool' (Lenin). Even Greenspan in an interview dated 2011 and reported in Forbes last week said some form of new gold standard is needed; end the Fed.

Hey ho. These pretty pets of politics and academia serve a purpose for a limited period of time, and their puppeteers loathe them as much as every rational person does. 

Bye bye Crookman, and other smart arses.

Wed, 03/27/2013 - 00:32 | Link to Comment newengland
newengland's picture

When the enemy shouts 8... shout 10 immediately. Attack is the best form of defense. Winners do that.

All the precious pets who sit comfy at home and deride the miltary who fight for their right to vote will be culled because they are so busy being smart arses, making condescending points about gene pools etc. and proving the point that they are weak, unwilling or unable to stand next to their brother and defend him, body and soul, come what may.

Count your money, and the drones, pets.

Well said, Simon, as always. You can give someone the facts. You cannot give him good judgement, let alone the courage to act wisely.

Buy gold, silver, land.

Wed, 03/27/2013 - 01:04 | Link to Comment monad
monad's picture

9. Kill

Wed, 03/27/2013 - 08:44 | Link to Comment kralizec
kralizec's picture

8! 8! 8! Who do we appreciate?! 8! 8! 8!

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