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Is This The Chart That Scared Bernanke Straight?
With the confusion over Bernanke's comments - "have no fear as the economy is bad enough that the Taper will never come" confused with "the economy is picking-up and that's great so we don't need the Fed anymore" - one has to ask, as we have numerous times, is there another reason for the Fed to start the ball rolling on the Taper talk? In the last few weeks, the Treasury market's yields have risen notably but much more critically, the fails-to-deliver has surged.
This critical indicator of both collateral shortages and technical carry trade unwinds is a little-discussed indicator of just how broken the market is thanks to the overwhelming ownership of the Fed. It's getting worse - as Barclays warns the weakness in bonds is feeding on itself as more people want to short and so the need to borrow from the Fed (as dealer inventory is so low) increases and raises the cost (special-ness) of that short.
Simply put, the main reason the Fed is tapering has nothing to do with the economy and everything to do with the TBAC presentation (rehypothecation and collateral shortages) and that the US is now running smaller deficits!!!
Source: NY Fed
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running smaller deficits
i lol'ed
ahh....
the dulcet and reciprocating tones of Benny and the Bankster Bastards.
right here at 14700 on your dial...
Time for the New New Deal Mega Shovel Ready Infrastructure Plan
Do failures to deliver even matter anymore?
Not since 'Failures to even care" became the standard operating procedure of the markets...
And of the US economy at large. What a scam. Working and paying into this? Really? The only good news I see IS the war. (Or should I say "the war machine." Hmmmm.)
Has everyone been short bonds? Bond traders?
I don't see anything to worry about here.
If the volume exceeds $500,000 million, then yes. But as it stands, it's just too soon to get me nervous.
randy phinny: https://www.youtube.com/watch?feature=player_embedded&v=gDsEgMxQXc0#at=14 decent stock picker
No
This had nothing to do with it.
Nowhere in the entire study of the Great Depression, neo-Keynesian economic dogmata, nor likely discussed about the conference table interspersed with the details of equities being a leading indicator, or in fact leader, or the veracity of Operation Twist, nor an in-depth discussion of the Liquidity Trap, has fails to deliver been a center of attention.
I deeply doubt it....
Hah K, think Benny is all white-knuckled about all this?
I doubt it. This is a majufactured liquidity crisis, to push things over the edge so to speak.
Ben is not confused, his statememnts are purpously confusing.
The world can go from over liquid to illiquid really fast, especialy in the dreivative bonfire of bankster vanities.
ori
http://aadivaahan.wordpress.com/2013/06/21/strange-days-especially-now-t...
You show the lights that stop me turn to stone You shine it when I'm alone And so I tell myself that I'll be strong And dreaming when they're gone
https://www.youtube.com/watch?v=0NKUpo_xKyQI do believe they have exhausted all fucking collateral. Derivative upon derivative upon derivative upon rehypothecated upon rehypothecated itsy bitsy collateral.
I probably have more collateral free and clear than they do.
Molon Labe.
Just saying, NSA.
Where's the god damn trade! I want to make some money!!
"Do failures to deliver even matter anymore?"
Not since Nixon closed the gold window, creating a completely fiat currency, has there been a settlement. It's turtles all the way down! The only thigs that are delivered in modern transactions, are the end products of the workers and wealth creators. What is left outstanding in the transaction is the settlement transfer of something tangible and of equal value, not just a printed piece of paper that promises to deliver.... something?......sometime........ It can deliver nothing but one thing; a loss of trust between parties and their money certificastes."Do failures to deliver even matter anymore?"
Nahhh. Just one more reason for them to legalize naked shorting.
Smaller deficit on a cash basis, but still running 1 trillion, with the actual GAAP an order of magnitude higher than that.
Bernanke isn't as stupid as he looks. Obozo care will crash it all, if something else doesn't get there first.
Ben doesn't want to be on the wrong end of a treason trial. That's why he is getting some religion.
BRING iT!
BURN IT!
I'm a physician and have not been paid by Tricare (service members healthcare off base) for goods and services provided and rendered since April 1, 2013. Something is fishy. I wonder if they are correctly accouting for this. They say it is a 'credentialling' problem but it is not just my office.
Now now, its not yet 90+ days!
You are now a short-term financer of Tricare.
How can you complain? you're getting the standard interest rate for short term financing/ Zero.
Most .gov contractors have 180 days written into the fine print.
Did you read "between the lines"?
short term financer of the Govt.
Fixed it.
...and as a taxpayer, I thank you for your support!
Tricare? I wonder how well this modern service member's health care service is compared to just going to the Navy Doctor when I was in the service or going to the Veterans Service Doctor afterwards?
Quality of care could be vary wildly, but it was a simple in house health care. I imagine the administrative costs were minimal. Often the Corpsman could do your problem, he screened patients for the Doctors. If he couldn't handle it a Navy nurse would usually do. But anything of real substance went to Doctors. At least the Doc knew he was seeing carefully screened patients in need of his professional skills.
Tricare on post is more or less the same as for service members. Off post you pick you "network" normal civilian provider.
im sure wall street will securitize this receivables and sell them to some schlubs.
Tricare got cut by $3.2 BILLION when sequestration started then. Officials said in testimony on Capital Hill that the DOD is delaying payments to those who treat TRICARE patients. I recall something about not being paid until August. If you see medi-care patients on tricare there was also a 2% cut.
Complain to your Congressman and join the resistance.
Margin calls/collateral shortages is rarely good news
for gold prices going up.
Better pile into CRE then.
That appears to have escalated quickly.
Damn those politicians in Washington! Surely they can figure out a way to spend EVEN MORE money they don't have, where will the good collateral come from, if not from debt pretending to be money to pay for shit we can't really afford?
eh..."just fire schoolteachers and all will be well" right?
Naked shorts....roast them muthers
The problem is that the "recovery", as mild as it has been, is driven primarily by massive deficit spending. That spending in turn, enabled low interest rates on Government debt, which keeps debt payments artificially low--making the deficit appear "affordable:. Once the cost of interest starts to rise, the deficit will again explode in a way that can't be masked anymore. Then things get really interesting.
If the Government is spending all its $$ on debt service, it has got to cut back on spending or spend even more . However, if it chooses to spend more, it won't be long before interest consumes 100% of revenue--at that point, the System will collapse of its own weight.
Let's assume the Government chooses the responsible path and cuts spending. The more it cuts back on spending, however, the worse the situation becomes. Right now, a significant majority of Americans depend on the Government for their livelihood. It is THE economic engine. Beyond the Government employees, pensioners, and welfare queens, there are many (many) Government contractors . And there are those who make their living selling to those. Again, this is probably 66% or more of the Economy at this point.
If the Government is forced to cut back on spending, we are looking at a Depression, plain and simple. The whole point of the Stimulus was to avoid this. The Fed could only pull this trick once and Bernake shot his bullets. The Deficit will be the monster that eats everyones lunch.
Wrong. The problem is idiots who really believe you can grow the economy indefinitely with finite inputs and barely enough excess energy available to keep the lights on for the current businesses. Only "financial products" don't require any real inputs, because they are of zero fucking value (bullshit paper promises, nothing more). Given this truth, ask yourself one question;"Why are these paper-pushers compensated so well?"
Roll the motherfucking guillotines already. Nothing changes otherwise.
Now that fraud is the status quo, counterparty risk and collateral become very fucking real. Possession is the law.
da ponzi garden don't grow no taters no mo!!
God Damn Laws of Physics!
Not you, the laws.
TPTB have been studiously ignoring reality for quite some time, but Mother Nature is fed up with taking wooden nickels...
"If the Government is forced to cut back on spending, we are looking at a Depression, plain and simple. The whole point of the Stimulus was to avoid this.
We ARE in a depression. It began in 2008.
Well said.
"We ARE in a depression. It began in 2008."
Correct. And it will last until 2022-25, though the last 5 years or so should be rather mild.
And Bernanke is dancing to the tune of the bond market, and he has no choice in the matter. That's why he's jawboning. The only problem with jawboning is the effect doesn't last.
ah no!
we are now moving from DEpression to REpression (a.k.a US of NSA)
depressions are U or V shaped, we are presently blowing the fuck right by that on the express elevator to an open police state, soon to be called
The Great Repression
Depression - Repression.
Yep, some of both. It's the collectivist way!
In a real depression, people feel real pain. They go without--and that includes cell phones, cable TV, and eating out. That hasn't happened yet, because programs like SSI and food stamps provide a cushion. When those things disappear and people are REALLY living in the street and knocking on doors for food, its a DEPRESSION.
Don't forget the $billions each month people are NOT paying toward mortgage payments while living in homes the bond markets have decoupled from debt.
The real pain has been exported to other parts of the world this time around, btw.
If the US Government's spending was actually governed by tax revenue, this argument may make sense.
The problem with all this is people are led to believe the US Government is like other entities when it comes to debt and spending.
It is not.
The US Government is quite different, especially once the Petrodollar and its supremacy as world reserve currency came into play.
Factor in a military with the use of atomic weapons in its DNA, its current inventory of hardware, and the fact sociopaths have captured the whole system, and the stupid deficit fades as a topic of worry outside of academics pretty quick.
Write this on a rock: The US Government does not need Taxes to Spend.
Write this on a rock: The US Government does not need Taxes to Spend.
Exactly right, its beyond dispute.
The obverse being...taxes, fines, fees, levies, permits, licensing etc...are used for control purposes...not for the operation of government.
Thank you my friend.
You can bet your sweet bippy on that ...
Hmm. Smaller deficits mean less to monetize mean less QE. Never thought of it that way.
Right?! Go out and run up the credit card, and we'll keep extending your credit line to infinity.
Some of this stuff blows my mind when it "hits" me - even though it's right there in front of my face 24-7. The logic is condensed into a single sentence and the impact is serious.
A ZHer once dropped a comment like, "Your salary is an advance on the equity of your home" and I was spinning for days. It is something I intuited but never heard it put just that way. I guess they call that "a moment of clarity".
"it's just a higher rate. all good." move along...
The earlier ZH article linked above, from 1 May 2013, has some great material ... some key quotes in it:
« Remember rehypothecation does not mean the collateral is there. It is merely representing a counterparty can have access to said collateral.... eventually... maybe... possibly... in an ideal world in which no other counterparty has claims to the same collateral. ...
... no matter what one says, there is a $11+ trillion collateral shortfall at any given second. A shortfall that can and will be triggered the second the central banks lose control of the financial system which every single day rests on a thread of stability »
http://www.zerohedge.com/news/2013-05-01/desperately-seeking-112-trillio...
Which is another reason why you would NEVER want to own any physical Gold.
/sarc
"or an oil company." you sound like a you...know...who...
Hey Bam_Man, CNBC talking heads last night called gold a bear market with plenty of room to fall, maybe a bounce back, but trending down, down, down. Of course that is paper gold! Physcial is golden as always! No wonder the premium for physical is so high. Fuck paper gold, let it drop!
James Cole [from Mish's]
Correct.
That's what happened when the Fed called collateral from Lehman thus triggering the preplaned collapse.
After reading the "Desperately Seeking $11.2 Trillion In Collateral" article again and seeing that cash is at the top of the collateral heirarchy, all I could think of was..."My God, they're just gonna steal the $11.2 trillion from depositors ala Cyprus!".
Its deposits, not individually held (and hid) gold, that is the low hanging fruit.
thanks for posting that link
This is why every fucking month, I find a way to buy more than I can afford, even if I don't want to, I feel it's my duty, its for the good of the country.
or better yet "I own and run a trucking company."
The smaller deficeit is a one off given the april tax payments. Don't expect it to continue. Anyway, the assholes in Washington spend everly last dime and more anyway.
He's out-Bernanked himself!
Ahhh, musings. Here's one !
Why would he "out" himself, if he's now "straight"?
Michele Bachmann Talks About Gays - Homophobe
http://www.youtube.com/watch?v=FqgKhGEueFk (3:36)
Who was the stupid faggot who was questioning Michelle Bachmann? I haven't watched TV in years. He looked like he enjoys sucking a thick cock from time to time.
What are you people talking about? My comment was written in the same vein as "He's out-foxed himself", only .........oh, never mind.
Using the word "vein" right after the phrase "thick cock" seems off for some reason.. or maybe I've been watching too much Always Sunny. Sorry for the interruption.
Was it Krugman?
1) It is a collateral based system
2) Fed creates base money only by buying collateral, gov bonds, MBS. Fed does not, I repeat does not, create money by pushing buttons.
3) Gov bonds as collateral are provided by..................CONGRESS OF THE UNITED STATES OF AMERICA.
Hence, since Fed creates money by buying and removing collateral from the system, hence system collapse, the only entity to create that is....congress
There is plenty moar the fed will end up buying before this is all over with. We haven't even begun with the reits, and exchange traded funds yet. Besides this momentary decrease in deficits is just a blip. There are plenty more to come.
Frankly ~ I'm "puzzled" by all this...
that's why they call it...EYE call it..."a war machine." always have. and no...that neither provides for you OR me. "good thing it's small and lacking in ambition" yes?!
When nobody buys moar of what your selling, there has to be woar.
No other way to take possession.
YUP.
The paradox of moar Q/E is EXTRACTION of liquidity from the system...spot on. We either stop QE or liquidity evaporates.
Regarding QE, the Fed buys debt instruments: UST bonds/notes primarily. These bonds may be used as collateral before the Fed buys them but they are bonds or debt instruments in themselves. Also, the cash the the Fed creates to buy them with, replaces the bonds. How does replacing bonds with cash collapse the system?
Repo
Right. Lets take a pretty piece of paper which is someones debt and call it an asset and use it to create more digits in the computer. How do they lend to the banks?
"The banks have accounts with the Fed, much the same way that you have an account in a commercial bank. So, to lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed. It's much more akin to printing money than it is to borrowing."
-the Bernank on 60 minutes
The real debt money creation is in the commercial banks.
That actually adds medium of exchange to the economy ---- not stuff. Medium of exchange used to increase the amount of media of exchange which is used to gamble. i know it is supposed to increase Keynes's aggregate demand but it doesn't because you know why. But when you gamble like banks did in subprime, sometimes you loose. This causes the collapse --- banks' losses caused them to be insolvent, etc. You know the rest I'm sure.
Sorry ------
This is what happens when you create a system based on crazy, bullshit, nonsensical axioms - eventually people start saying patently idiotic stuff (we need MORE DEBT because that debt is our good collateral) based on the axioms that are given, and nobody even notices how fucking crazy the whole proposition is. Then one day the whole thing falls apart and everybody seems surprised by it. Like building a skyscraper on a popsicle stick foundation, but starting with the axiom 'first, we assume popsicle sticks are suitable material for skyscraper foundations' so that never gets questioned again.
Actually, popsicle sticks, when tightly woven in a uniform manner, can provide a surprisingly strong foundation for...my kids' toy forts!
interest rates have busted a move. but gold "and all the rest" are moving inthe other direction. hmmmmm.
I think you've got the basic principle of it alright.
Like this? “…people look at me and say, what are you talking about Joe? You’re telling me we have to go spend money to keep from going bankrupt? I say, yes, that’s what I’m telling you.”
-Joseph Biden, Vice President of the United States of America
Yes, but the bad news is; Congress exists.
The collateral are taxpayers like you and me.
But can the taxpayers make good on the collateral?
I say no, because every man, woman and child in the US is collaterized to the tune of about $1,000,000 each.
I don't know about you, but I can't nor will throw in $4,000,000 into the collateral pot.
I do not have that kind of money
I'd like to see an itemized bill for amount owed.
Then. the litigation begins...
Yep. Fed spending must increase or the music stops and we see who doesn't have a chair.
Who does have a chair.. How many billions to trillions sitting in cash? Japan is like a glimpse to the future if .gov doesn't let the "markets" return to markets. Our current situaiton is a great example of what happens when academics have an impact on real world policy.
who would have thought huh? "smaller deficits" ... wait, Obama´s Africa Vacation cost/costs how much? 100 Million USD? Right ... "smaller deficits" indeed. effing-LOL
"Vacation's" all he ever wanted...
~~~
http://www.youtube.com/watch?v=1u2G6OyZyCI
Hey fuu ~ I get the sense [based on your 'like' of the steel drum breakbeats of my Miami girls], that you're into drummers... But u shoulda gone with 'rhythm guitarist' Jane Wiedlen... She turned into a professional DOMINATRIX :-)...
~~~
WTF?
- a John Maynard Keynes thread
- Obama
- Bernanke getting scared 'STRAIGHT'
Is this fucking 'fag day' on ZH?... Is there gonna be a new advisory disclaimer posted over the weekend?
I liked the bass during the break of that song, otherwise it was pretty far back in the mix.
Those go-go gals saw more shaft than an elevator.
Oh... 'bass' is it?... Well here's something u don't kno... Another <3 interest of f_s was SH... She was 'supposed' to do bass [instead of Vicki], but it was Vicki & Debbies band, [who f_s knew from CSUN]... So SH got bumped to guitar [which she never really played]...
~~~
Based on my checkered past ~ I might as well be a cheesepope... ;-)
You've certainly helped with the cream.
Are you not taking credit for the acting spots?
It doesn't stop there... Back in the 80's it was like a moving conveyor belt... Even if I started to 're-tell' now... I'd prolly 4get some...
~~~
'Acting' was never really my thing... I had a SAG card for awhile based on some Chrysler & '6 Flags Theme Park' commercials I did & went 'Taft Hartley' on... Acting was a waste of time... Toni Basil [Mickey] & Paula Abdul, were friends who worked a lot of choreography gigs [mostly for music videos]... Somehow ~ They tossed their x-tra work in my direction...
https://www.youtube.com/watch?v=POXoJyNcLiI
LMFAO ~ I fucking swear to Dog that might as well be me... [even looks like me in the day]... If you look real hard at the PARTY TRAIN [Gap Band] video I'm in there [in the same fucking Venice Beach weightlifting pen location]...
~~~
I can't even remember them all... Maze, Atlantic Starr, Gap Band, Klymaxx, Shalamar, Ready for the World, Lionel Ritchie, Psychadelic Furs, Midnight Star... I did all that shit...
Pretty fly 4 a white guy...
http://postimg.org/image/cq3i2qq2v/
Nope ~ Good try...
~~~
I wasn't even a professional at all this... I just did a lot of this & that... DJ'ed a lot... Fucking 'Whiskey-A-Go-Go' [one day a week ~ then on Saturdays they were runnin Guns & Roses, Crue, & RHCP]... Got asked to do a lot of private parties... One time, I'm doing this private Halloween Party up over Mulholland & go in to get paid & it's fucking Max Baer [Jethro ~ Beverly Hillbillies]... The fucking dude ended up becoming a Beverly Hillbilly... LOL
Prince also started a club in Downtown LA at the time [I forget what it was called ~ but I didn't, quite, have a part in it]... Prince bought the 'guest list' of another place I WAS DJing at down the street at a place called 'Myron's Ballroom [an old throwback from the 1940's]... I'll never forget that place... We had the lease on it from Midnight ~ afterwards, but they STILL ran ballroom dancing there from about 9PM to midnight... The old fogies used to still be hanging around & we had to get them out of there, so my weekly routine was to put on TIMEZONE/Afrika Banbaata "World Destruction" on at 130 db's to blow 'em all out of there... Used to have old men with canes bashing on the DJ booth window wanting to kill me...
Ah cha cha cha ah cha cha cOMFG!
Not buying it.
Smaller deficits not relevant. There is no reason the Fed has to buy Ts from the PDs after an auction at the price the PD paid. They can just raise the price they pay the PD. The PD won't complain.
So if the PD loaned $40B in an auction to the US Treasury by buying $40B of bonds, and Bernanke needs to inject $50B into the economy, why can't he buy the $40B in bonds for $50B?
"Overpay" and presto, money added.
Yep, the Fed is already buying MBS at a premium over what the PD pay. The premium is no problem because they pay with printed money anyway. That way the PD gets a profit on the sale to the Fed and can use the profit to buy stocks. It's the only way to inject money into the system because the Investment Banks aren't lending. It's all a big circle jerk to monetize the debt with the stock market, and prop up the banks. That's why the real economy is stuck in neutral. There is no flow to the real economy outside of government spending, and govt spending is the least efficient method of stimulus.
hmmm. "you do have a recovery." and a heck of a lot more actually. the dollar itself is still the world's deserve currency. hmmm. I'm listening.
138 billion last months deficit-but some of that was 6/1 entitlement payment.
the trick was that with 138 bil of spending deficit (VS GAAP) in May, teh US debt decreased by 90 Billion.
Maybe some agency was in Vegas. Or Maybe the President made some investments in Vegas.
After WW2, America literally became the Fourth Reich. The satanic elite who covertly backed Hitler — banksters and other Freemasons — came up with a whole new plan for global conquest. They would use the newly-developed American military might to subjugate the rest of the world bit by bit into a global banking cartel. Once they controlled the finances of the whole world it would be possible to collapse any or all nation-states and then establish the Luciferian world government of their dreams.
The CIA was specifically created to help carry out this plan, picking up where the Schutzstaffel left off. Former Nazi officers staffed the CIA and were also spread throughout Europe and the Americas. The American people would be controlled through psyops delivered by a complicit mass media; the entertainment and news industries to become secret weapons.
Meanwhile, “libertarian” economic policies would be instituted creating an upward redistribution of wealth. This includes globalization of trade (“free” trade), globalized labor (offshoring of jobs and third world immigration), fraudulent “trickle down” tax cuts for the elite, privatization and deregulation — all in the name of “liberty.”
Now we seem to be approaching the globalist end game, wherein the world banking system will be collapsed and gold will become the default worldwide currency. This will soon lead to gold wars enveloping the whole world — an apocalpyse to be followed by the New World Order.
BS.
Look man. You have a giant obelisk named after Washington next to a huge pool symbolizing a vagina right in the middle of your capital. You have the inside of a pentagram as your defense HQ, an androgynous representation of Satan in the harbor of NY and presidents making “secret” handshakes with Russian premieres all over the place. Time to wake up. The free masons were behind the revolution in France, the earlier one in Britain in 1688 and were all over the colonies when the USA was being set up. Free masonry set up the “education” system in the US and Europe which is busy churning out mindless zombies instead of critical thinkers.
Whatever you imagine free masonry originally was it has represented the exact same tradition as the Templars (gay rituals, satanism, usury, piracy) who got theirs from ancient mystery religions in Egypt, Babylon and Sumer. The same symbols are all around you and the same agendas of slavery, empire and mass murder.
Zionism is and has always been a provocateur ideology for the empire. The main control mechanism of the Empire is free masonry, not Zionism. The more visible they can make the fake Jews they roll out in full sight of the people the better, since the primitives will blame them and never look at the masons behind them.
But then again, the problem is secret societies in power, which should and has to be banned completely because it automatically causes corruption and tyranny, even if it takes time.
I`ll bet you a billion derivertive dollars that if you get rid of the masons the Zionists will disappear magically at exactly the same time, because they`re working for them.
This is a great script treatment, have you optioned it yet?
The source of the problem is the commonwealth (London Crown/Interbanking System)
Every offshore banking country is controlled by the commonwealth, including Cypress.
All money and property is being funneled to the Isle of Mann, in a giant computer called the
CUBE (Think Saturn (Satan)), and the Queen of England is called the Lord Of Man for a reason.
She is the head freemason, or ‘the see’ which is what the Eye represents. England has been meddling with America’s finances since the revolution since they couldn’t beat us with weapons.
The Crown (the Queen now, but soon to be Prince William) is the top of the pyramid, and the Queen heads the committee of 300, who controls the CFR, who impliments the Basel system.
Let’s not forget we have fought two wars with England. Not the people of England, but against the Crown. With the aid of the banks who operated under maritime law, which the Queen controls, have sucked up deed, resources, and financial control the the manipulated LIBOR (London Interbank System), which controls the $800 trillion derivatives market.
It’s in essence, a corporate takeover, to bring the US into the commonwealth, and shred the constitution. The commonwealth already has 1/3 of earth population under, and is the new british empire (NWO). Masons all pledge allegiance to the Crown, which is why George Washington was considered the worst military commander in history, because he secretly worked for the Crown through the House of Burgesses.
So ... Burgess Meredith was a lizard?
That's what they want you to think.
It goes way deeper than that.
so Rocky Balboa was the lizard then?
Putin says...
~~~
http://www.youtube.com/watch?v=ygQvB6OjHOU
george Washington hated being President. personally I find people who like that job weird as well actually but hey "there's always another." still...where's McHuge Penis to help memoir here?
I have a bank account in Manx,the capital of the Isle of Man.
I don't remeber being part of the British aristocracy,Illuminati, commonwealth
or being a Crown Agent.
Perhaps your meds need upping before you give conspiracy theorists a bad name.
You are barking at the wrong moon.
I think you mean Douglas.
But what about the white walkers and everyone beyond the wall?
you Sir are absolutely correct Chup, tell it like it is my friend, tell the truth even if it means your death! i ask also to look for any confederate statues above the mason dixon line, only one exists, look for it in DC 13 blocks from the white house! then research the name of that confederate general and his ideals...look no further than the back of the dollar bill for the all seeing 'eye', which is the light of satan, his anus! then count the eagles wing feathers, all according to the masons degrees! most of our presidents have been masons...to get to the 33rd degree you have to do something that is not pretty. research the prophesy club and a man that spoke there some time ago for the whole story, very upsetting.
oh and look up who ran NASA when it was started up...hint he was a NAZI.
The "Crown" is not the Queen(or King) of England:
See also a quote from The Empire Of The "City" (1944) by Edwin C. Knuth:
Inside the box on page 65 of the .pdf at the above link it has this to say:
Well, I think you are pursuing a false dilemma choosing between Masons and Zionists...
But you are right on about a lot. Operation Paperclip. GW Bush and Prescott Bush's involvement in the creation of the CIA (or is that Scherff, depends how deep the rabbit hole is, I guess).
For the mentally challenged, with yourself being the exception:
Bush Prescott Nazi Connection
http://www.youtube.com/watch?v=M7UfRkaIweY
This is only a small piece of The Global Criminal Oligarch Cabal Bankster Intelligence Crime Syndicate picture.
According to Otto Skorzeny, pictured is the Scherff family and a few friends (circa 1938). Holding “Mother" Scherff’s hand at left is Martin Bormann. In front is Reinhardt Gehlen. In back is Joseph Mengele and to his right is Skorzeny as a young man. At center right (in the German navy uniform) is George H. Scherff, Jr. and his father George H. Scherff, Sr. Bormann became Hitler’s second in command. Reinhardt Gehlen was a chief SS officer and assassin who was smuggled out of Germany under Operation Paperclip. Skorzeny was Hitler's bodyguard and SS spy/assassin who came to the U.S. after the war under Project Paperclip. Skorzeny and GHW Bush were instrumental in merging Nazi (SS) intelligence with the OSI to form the CIA with "Wild Bill" Donovan and Allen Dulles. These guys were also part of CIA mind control experiments such as MK-ULTRA. SS officer and physician Joseph Mengele, the notoriously sadistic “Angel of Death” of Auschwitz, escaped Germany to South America after the war. George H. Scherff, Jr., became the 41st President of the United States as GHW Bush and George H. Scherff, Sr., was Nicola Tesla’s “trusted assistant.”
http://proliberty.com/observer/20070405.htm
Oh geez ... not this sh*t again ...
How can you deny the urge of the us to act as a vulture on the corpse of the Reich? Why wouldn't they do it?
Pledge allegiance to the gulag and make our bombs better.
I wonder sometimes if people think the fifties were just Rosy the riveter settling down with white picket fences as far as the eye could see..
So your solution is to ban all the Secret Societies?
How do you plan to regulate and/or ban them, if they're secret? That's right up there with taxing a private poker game in someone's garage in skill level and efficiency.
the solution is to decentralize, disintermediate & disengage.
Ding ding ding. We have a winner. If political jurisdictions are severely limited in size and scope, secret societies won't get any traction.
Secrecy and centralization go hand in hand.
At the town hall: wait, you're proposing what? Who the fuck are you again?
No, in a normal world, The Logan and R.I.C.O acts followed by mass arrests, trails, convictions and executions should take care of it.
But, we're not dealing with normal individuals. What we're dealing with are Pure, Unadulterated EVIL Meglomanics. Which need to be delt with Extreme Predjudice.
Where can I get a "Mom went to the Satanic Illuminati Masonic orgy and all I got was this lousy T shirt" T shirt.
They must have them for tourists.
As it happens, the solution is also secret.
How can all this be a secret if chemtrail addict loons know all about it?
Because the vast majority still believe in the political processes and economic structure? And call the conspiracy theorists "conspiracy theorists"?
Because of overt mind control through mass propaganda, media ownership controlled by an extremely tiny portion of the populace, managed through a federal bureaucracy, the fcc?
Do you not understand abject denial through controlled dissemination and character assassination?
Even if something true is leaked, they will use it to frame the debate in their favor through their control of the populace through media.
The only kick is social media, which they still have distribution nodes on, but hit it through timing.. Seriously..
Have you ever seen an ad for "Chem-trail sprayers wanted. Must have neat and clean appearance."?
Written by a non-mason no doubt, in the absence of knowledge, imagination takes over.
"Meanwhile, “libertarian” economic policies would be instituted creating an upward redistribution of wealth. This includes globalization of trade (“free” trade), globalized labor (offshoring of jobs and third world immigration), fraudulent “trickle down” tax cuts for the elite, privatization and deregulation — all in the name of “liberty.”
You NEED to look up the word 'libertarian,' because it does not mean what you think it means. You are confusing libertarian with 'neoliberal', which is the aristocratic trickle-up policy of choice of the ruling financial elites.
Damn pity, because that turd in the punchbowl spoils an otherwise prescient assesment of recent history...
Libertarian economic policies? Where?
All I see are massive states, regulating every activity, and taxing the crap out of their people.
I hate to break this to you, but the Germans were the good guys and they lost.
Jews control our media, finances and politicians. Like I said, the good guys lost.
I hate to break this to you, but the Germans were the good guys and they lost.
Jews control our media, finances and politicians. Like I said, the good guys lost.
Tinfoil alert.
Mob recruits Mob-owned "regulator".
http://us.rd.yahoo.com/finance/news/rss/story/SIG=14fb6op3i/*http://us.r...
I am under the impression this move in yields has everything to do with stock being barfed and not much to do with flow. If stock truly starts to overwhelm there is only one thing that can happen and that is QE will be increased.
Am I wrong?
Probably.
Gross essentially said "I pay my economists more at PIMCO than the Fed pays theirs, so PIMCO attracts better economists and they have produced a better econometric model than the Fed's, and our model says there is no 3% GDP coming and no 2% inflation. So the numbers (even those released Wed by the Fed) say 2013 GDP is to be well under 3%, and the Fed's numbers have WEAKENED for that parameter since those they released for the March FOMC, so no, you can't stop QE or GDP collapses."
"if the economy is slowing then the market will do QE for me." that's my guess'as to what the Sphinxer is thinking/up to. so far...so bad. but hey...only the capitalists are complaint so far. that's a good thing right?
Correct..there will be moar QE. It is inevitable.