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The Entire US Fiscal And Monetary Policy Gambit (In One Cartoon)
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If we were as lucky as the folks in that cartoon, we could harvest energy from the continuous stairs.
It's an opulent illusion.
#ObamaCanChockFullOfDebt
Yes We Can, Kick!
***OBLIGATORY***
"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."
"Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion."
"Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America."
"And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on."
"Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities."
Senator Barack Obama (D-IL)
VOTING AGAINST RAISING THE DEBT CEILING
March 16, 2006
Official National Debt @ that time: 8.6 Trillion ("with a T") USD
Official National Debt NOW: 17.2 Trillion ("with a T") USD
FORWARD!!!
http://www.hateriarch.com/IRS/DUNS_NUMBER.pdf
http://www.hateriarch.com/IRS/IRS.Incorpororated.pdf
Where does our income tax go?
Shouldn't they be kicking it up the endless stairs?
The cartoon is correct. It's all down hill from here, in so many different ways.
looks like that can is gonna kick THEM in the ass when it comes back around
You didn't kick that can....
http://www.pbs.org/newshour/rundown/2013/10/why-debt-and-money-created-out-of-thin-air-are-necessary-not-evil.html
New Normal - Debt and Money out of thin air is necessary, Not Evil : PBS
You have a front-seat view of the death of the US Dollar.
http://www.planbeconomics.com/2013/10/the-death-of-us-dollar-timeline-an...
It kind of gives a new outlook on that biblical passage about "Babylon Has Fallen."
Spurious thought...Möbius would be a great name for a stripper.
It's a virtual can...they can seemingly kick it wherever they want. Until the juice runs out.
First Rule of Bankruptcy: When faced with certain Bankruptcy and subsequent Liquidation of assets, transfer all good assets and equity into a newly created entity, and hang the creditors with the toxic assets and debt of the old.
China’s Bretton coup d'état: http://twoshortplanksunplugged.blogspot.com.au/2013/10/chinas-bretton-coup-detat.html
I know that what I am about to proclaim is sacrilegious according to "popular wisdom," but here goes; even in as bad a shape as the U.S. economy & financial system are, China's economy & financial systems will implode first.
China's economy & banking system are at least 2x more Ponzi-rific & lacking in transparency, as hard as that may be to fathom, as the U.S.'s.
Is the congressman wearing a gold shirt?
who's economy and financial system will implode first depends not on the actual economy or finances but the peoples expectations, temprement, and willingness to do something about it...based on this, you may be right that 'Merica's citizens are in no hurry to hold anyone (least themselves) accountable...hell, they just think it's those bad politicians like somehow they aren't the absolute reflection of the society that elects them.
This is some feat !!!
So JY at the “receiving end” of this can-kick would twist-and-turn and kick down a shorter-fewer steps, just to make sure it would not fall over the wall or into the square…More following…
Some kind of a “beautiful?” feat.
Or the bottomless toilet?
https://www.youtube.com/watch?v=7MRykTpw1RQ Dead at 42-ish? Think he didn't push some buttons?
32
Jeez. Dude was way ahead of his time. R.I.P. Bill Hicks.
thanks ace...not sure i ever saw him before...
Not too different from this speech. https://www.youtube.com/watch?v=zI5hrcwU7Dk
I had to +1 you correct.
Everyone thought this would bring down the market. Nope! it helped the market, due to 6 things.
Just look at the market, this guy here is very accurate => http://bit.ly/16F8sFU is saying the BEARS will be reamed hard this week into FOMC meeting. OH dear.
It's a tactical delusion.
Escher bitches...
It looks like Obama is falling off the wall and is about to land on his head and snap his neck. Who would be sad?
The FSA in Walmart and that one in Syria.
Peter Sellers as Obama
http://www.youtube.com/watch?v=CzycofSj7EM
M.C. Escher, that's my favorite M.C.
Still brilliant.
BrocilyBeef said: If we were as lucky as the folks in that cartoon, we could harvest energy from the continuous stairs.
Shhhhh! Shut your mouth!
Obummer would probably try it...
Getting some of his big-donor cronies to set up a shell company...
And then throwing away billions of our hard-earned tax dollars into it, just like Solyndra!
History will show, the appointment of the Kenyan as president will be the worst decision in the history of the United States!
Kenyan, fake Texan, Venus or Mars. Really doesn't matter where the Criminal Globalists are from the result would have been the same. What is transpiring was set in motion long ago. All done by design. All done by agenda.
there are two systems of money in america.
one was developed by freemen and patriots, the other jews.
guess which one we suffer under now as debt slaves,
the the one corrupting the federal government,
and the one which pays obscene bonuses to its developers.
they even call it the "system" because it is systematic.
Replace "jews" with bought off Congressman (and women) and the omnipresent WHORE bankers.
Who do you think bought off those Congressits?
It appears the Jooze may be the ones and they did it with the money we let them print for us.
I see you've been busy spreading your disinfo. Luciferian Oligarchs are the problem, and they are most surely not Jewish.
It doesn't matter if you're a bought out-church going Senator or a foaming-at-the-mouth pro-Israel zealot like Hagee; you've sold your soul to the Central bankers that "coincidentally" manufactured a legalized, victimized, despot regime in the Middle East- with nukes, to allow funding transactions.
please change
"the appointment of the Kenyan as president"
to....
"the election of the muslim as president"
by the DUMBEST electorarate thought EVER possible....
aided and abated by the insecuritiy, and apologetical behavior of the most misguided (and completely STUPID) media
the "reward" is just.... it is time to eat shit courtesy of an already proven, failed idiotology
"the election of the Muslim? C'mon......surely u don't believe in that..do u?
Try "installed"by dem Saudis......no?
"... we could harvest energy from the continuous stairs."
In that case, it's called free energy .... and it's a little bit like free lunch ....
that exists only in your dreams .
Right.
So, as sad as it appears, we're not as lucky as the fools in the cartoon.
Correction -- it exists in Exxon's BAD dreams.
Matter and energy are everywhere. If you can figure out how to harvest and use it, you get to live. If you can't figure that out, then RIP. Got it?
Your continuous energy is being harvested.
The Story of Your Enslavement (short version)
https://www.youtube.com/watch?v=Xbp6umQT58A
The Handbook of Human Ownership - A Manual for New Tax Farmers (long version)
https://www.youtube.com/watch?v=k67_imEHTPE
How to be a Crook
https://www.youtube.com/watch?v=2oHbwdNcHbc
Larken Rose On The Mind Control That Made Us Accept Government - Free Your Mind Conference 2011
https://www.youtube.com/watch?v=M2T7ML3G6ns
BTW, I believe Larken is wholly correct, but there is still the problem of protecting society from the organized tyrant's well armed military next door that will ball and chain enslave free people. However, he hasn't found a solution to that very important problem in a way that makes me feel comfortable.
Yes. I have one in my house. It creates paper energy, which I keep next to my paper gold in a paper safe.
Hmmmm, where have I seen this before?
Kenyan monkeyboy should have its skin sandpapered off n buried in salt.
Ears aren't large enough.
Mahvellous,
simply mahvellous:)
He kicked the monthly $85B depth charge into the open market hole, nothing to worry about here.
Once they hit bottom we should all be in the clear, right.
DaddyO
If only in real world it was possible to make infinite stairs for the can kicking.
It is possible. By-products are minimal. Debt is prosperity.
Welcome to the new age!
http://www.youtube.com/watch?v=4U8C_XuE7wc
It's better to visualise the can getting larger against an infinite timeline; for each exponential step, the boot needs to get bigger to kick the can the same distance.
When they run out of big enough feet, then the reset can begin in earnest, but at that point all the lizard people are tucked up in their beds deep within Cheyenne mountain.
There should be a cartoon Benanke dropping endless numbers of cans onto the steps.
It's not my fault my "Hope and Change" platform, rehiring the near, man for man previous Administration, majority in both Houses when first elected and Nobel Peace Prize got in the way of my Golf Game....it's all Bush's fault.
< In Soviet America, can kicks you!
< Government debt doesn't matter this I know, John Maynard Keynes told me so.
Harry Reid shut down Yucca Mountain, so they're pretty much out of options. Perhaps that "Can-O-toxicDebt" can be loaded on an ICBM and sent to the sun...
maybe we can toss the debt into fukushima and then send the whole thing into outer space.
Excellent IDEA! A twofer...
I was actually checking out the amount of money spent both in South Carolina and Washington State vis a vis "Yucca Mountain." it doesn't become real money until "something bigger than Detroit." Vegas apparently has "fully recovered." Just spin that wheel one more time you one armed bandito's!
I'd be satisfied with strapping Harry Reid to an ICBM and sending it into the Sun...got room for a few hundred more?
Kinda like this....http://www.youtube.com/watch?v=wcW_Ygs6hm0
435 CONgressmen + 100 Senators + 1 monkey.
Yes, we have plenty of space available...
* Check out our group rates
Don't forget the five non-voting delegates from the District of Criminals, Samoa, Guam, Puerto Rico, and the U.S. Virgin Islands.
Wouldn't want to discriminate against the voting challenged.
They already sent a monkey into space. Distant Uncle I think...
Name three things killing the US of A...
Obama, Reid and Pelosi?
Blankfein, Dimon, Bernanke?
Boehner, Cantor and Ryan?
McCain, Graham and King?
Do I win anything...
DaddyO
I would say you win a new smoker, but I'm cheap. Instead, you get a link to a badass bbq pit:
http://www.ibiblio.org/lineback/bbq/wdh.htm
POTUS, Congress and Federal Judiciary.
Sorry, thought this was a caption contest. Obama, Congress, and debt... As noted above, there are plenty more things to add to the list.
Maybe I should change it to.....
POTUS, Congress, & Federal Reserve (debt)
Dude!!
That smoker is killer!!
I want one,not sure how I would sell this to the missus?
She might think this is a bit of overkill compared to my stainless smoker.
Worth a try though...
DaddyO
Agreed, that is one cool dinner engagement.
Just go out, get yourself a pile of bricks and other assorted things necessary for the construction and start building. Plan an integrated bench that you can sit right next the hearth with the missus, then ask forgiveness when sitting on it with her, outside, under the stars with a fire going, after you've cooked her a spectacular meal in the thing.
Teh FED, The FED & The FED
meanwhile the world is moving on...wake up ZH and comment on where the world is going. Don't go ostrich head in the sand.
You seem to be highly opinionated, therefore you start the thread.
Exactly where, in your esteemed opinion, is the world headed?
opinionated in a good sense I hope. Read below.
I do tend to agree with him that there should be a dedicated Geopoli Tyler.
Over.
Maybe we should begin to make cubic can : it would be harder to make them roll .
He he he , but the Tea Party are the bad guys.
The tea party is old hat; they destroyed the GOP. The world moves on and Dilma Roussef has declared she will make the Coffee Party in RIO to replace Boston and she has invited ICANN and all those who want to make the Internet 3.0 outside NSA control.
Rio is now becoming venue for World Cup, then Olympics, just like SOtchi. The Sports big bucks venue is moving to the BRICs...
The world is now moving on, after Syria showdown and China USD challenge.
From now on FED and Pax Americana have their backs to the wall to try save their empire. The show is moving along trying to make DC look like Atlantic city in the coming decade.
The ball is gonna roll OUTSIDE USA faster than its gonna move INSIDE USA.
Wake up...contrarians. 2014 is when the world starts changing all over.
An Asian view of emerging multilateral NWO : http://www.asianage.com/columnists/new-power-triangle-402
But we are World champions in both Football and Baseball, so we got that going for us...
the only change may come when china buys the last of the gold ounces available at the manipulated prices. And even than the attempt at change may be met by a deadly force.
“For ourselves, we shall not trouble you with specious pretences- either of how we have a right to our empire because we overthrew the Mede, or are now attacking you because of wrong that you have done us- and make a long speech which would not be believed; and in return we hope that you, instead of thinking to influence us by saying that you did not join the Lacedaemonians, although their colonists, or that you have done us no wrong, will aim at what is feasible, holding in view the real sentiments of us both;
since you know as well as we do that right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must.”
Thucydides
more debt, more spying and less free speech. yes we can.
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
YES WE CAN DESTROY
I sure hope you're on our side...
The playing for time, while the shop is being looted, shall continue.
The store manager will stay On Hold to 911 until the police respond, the shop is completely looted or the absentee owners happen to return from 'vacation'.
Where is "Fukuppy" in this cartoon on the other side of the wall raising it's middle digits?
That toll of "accumulating" toxic man made waste mirrors the "kicking of the can" of toxic debt, but is certainly much more lethal in terms of it's inevitable outcome.
Question at this point given the burden of both which one do you rescue first?
Decisions... Decisions...
Just one request. Can we stop all the twitter shit here? The #, and the @ and such. I don't give a shit what's trending and all that other horseshit, ok? And I don't what to know your little fucking hashtag thought.
I do hope I'm among a more intellectual crowd than the twitterbook group.
Over.
I guess you missed this little rant from earlier today.
How to be a douche bag and remain delusional
And I continue to miss it. I'm not one to hang with the artsy crowd here on the hedge. Although WB7 does nice work, there's just too much to consume here and I prefer the drier material.
But thanks bro.
Over.
Pure Evil is trying to tempt with another link.....
I saw that bro, but I'm not interested in a Pure Evil tutorial on how he became a douche. Too busy and I think one P.E. type douche is good enough for such a small site.
But thanks anyway.
Over.
Buuuuuuurrrrrrrrrpppppp............news at eleven.
#WhatsTwitter
The bond holders need a place in that cartoon.
Once the FED is the only bondbuyer, the end has arrived.
It's hard to be reality based when traped in a massive clown show. Like Romans traped in a neverending financial Caligula orgey, what'dya want we should quip about?
Regime uncertainty accelerates every month. Numbers are ever more suspect. Macro is ever more political.
Pax Americana is in retreat.
they forgot the enabler, The Federal Reserve
Same policy as the NY Jets offense...1-2-3-kick
Don't worry people! The cartoon is just an illusion!
Paul Krugman's done the math and he says you really can kick the can indefinitely.
There are a few characters absent from the cartoon, but just as complicate and reliant on the strategy.
Wall street.
Banks.
Etc...
'
'
'Beautiful!
•?•
V-V¶
Yes. I have one in my house. It creates paper energy, which I keep next to my paper gold in a paper safe.
Print Moar Money!
LOL, the name of Obamacare should have been changed to the unaffordable care act instead as it rips people with no condition a big one.
Another transfer of wealth initiative.
Stairs should be circular and cambered, else not going to make the 90 degree turns.
Think we may be past the can-kicking scenario, it's closer to a pinball game, where the debt is the barely-controlled random pinball path, and Congress and Senate are the flippers, Obama is the Tilt, and 'Game Over' is just one pooched flip-flop away.
What happens if the barrel falls into the hole in the center of this staircase?
Ignoramous cartoon.
First, a can that is rolling down stairs need not be kicked.
Second, a can full of radioactive stuff decays, and gets less deadly over time (vs. inflationary debt, which compounds)
Third, the sequence of the stairs implies that Congress will be hit first by the return (not the President).
Fourth, Escheresque staircases are not real.
"Fourth, Escheresque staircases are not real."
But then again, neither is perpetual can kicking, so it fits.