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Guest Post: America's Future - Some Provocative Questions

Tyler Durden's picture




 

Monty Pelerin's World blog points out five provocative questions that Ben Hunt has raised. Many will answer "yes" to the five questions - and that has profound implications on what kind of country the US will become for the next generation...

 

1. Has the academic and bureaucratic capture of US monetary policy been duplicated in other policy areas, such as national security and healthcare?

 

2. Is there a common academic and bureaucratic response across these policy areas to the economic and political duress of the past 10 years, such that emergency policy actions against immediate threats have been transformed into permanent insurance programs against future and potential threats?

 

3. Is this the common thread woven through the three most important and controversial policies of our day: QE, Obamacare, and NSA eavesdropping?

 

4. Are there useful lessons to be drawn from the last time we went through such a wholesale redefinition of the *meaning* of government policy, back in the 1930’s?

 

5. What are the structural consequences for markets and investing that stem from this redefinition?

 

How many "yes"'s do you see?

 

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Fri, 11/08/2013 - 12:48 | 4135595 Jumbotron
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The combined answer to the above is......collapse.

Fri, 11/08/2013 - 13:21 | 4135698 HardAssets
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Here's a summary that doesnt require reading through painfully worded 'questions' - - - ->

Ever since private interests fraudulently gave themselves the power to print the nations money, the American citizenry has been set up for destruction.

These private interests have used this money printing power to capture government and most of the important institutions in this society including the media and education.

These private interests have impoverished the citizenry by stealing their earnings and savings through long term inflation. So now one US dollar only buys what 2 pennies bought when the criminals pulled off this coup d' etat in 1913.  The little money that was left to the people has been stolen in all sorts of other ways.

Unimaginal wealth has been stolen from the American people over the last century. All this has caught up with us, and there is much less to steal.  How long this can go on, no one can really say with any certainty. Will it go on another decade, or end next week ?  Slow burn or black swan induced fast collapse ? Who knows.

What would 'collapse' look like ?  That all depends on whether enough people know its true cause, I suppose.

Fri, 11/08/2013 - 13:32 | 4135752 Future Jim
Future Jim's picture

That's the short version. Here is the whole story.

Fri, 11/08/2013 - 13:36 | 4135760 HardAssets
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Thanks Future Jim - I only read the first paragraph but will definitely go back to it later to read it all when I have more time.  The title got my attention.

Fri, 11/08/2013 - 13:38 | 4135770 James_Cole
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Many will answer "yes" to the five questions

I see Tyler has become bearish on the average zh'ers intelligence.

Fri, 11/08/2013 - 14:05 | 4135865 James-Morrison
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What was the question again? Sorry, no time, I have to get back to Twiiter...

Fri, 11/08/2013 - 14:37 | 4136037 dontgoforit
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Probably yes to 1-4 anyway.

Fri, 11/08/2013 - 14:53 | 4136138 Kobe Beef
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The USSA does not have a future.

America? maybe.

Fri, 11/08/2013 - 16:12 | 4136498 Pure Evil
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Why does it matter anyway.

Just kick the can to the next generation.

Let it be there problem.

Sat, 11/09/2013 - 11:42 | 4138354 StandardDeviant
StandardDeviant's picture

Exactly.  "The structural consequences ... are 'yes'"?!

Fri, 11/08/2013 - 16:22 | 4136537 Incubus
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Have you seen the shift in commentary over the years?

When I first came to this site, comments were intelligent.  People actually discussed things and provided logical reasoning.  These days it's all ad hominem fear-mongering from ignoramouses that have a firm grasp on alternate realities.

 

I don't know how the crazies found the site, but they've overrun it.

Fri, 11/08/2013 - 17:35 | 4136809 MachoMan
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This is the inevitable fate of every internet forum...  eventually a core constituency breaks off and forms its own, in an attempt to recreate the magic of the first forum...  but failing to do so...  eventually, every forum becomes homogenized.  Same as everything else in life.

Fri, 11/08/2013 - 17:44 | 4136846 Buckaroo Banzai
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I think that Zerohedge links get cross-posted to FailyKos or HuffPuff sometimes. That's my best guess.

Fri, 11/08/2013 - 18:10 | 4136912 akak
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On the plus side, most or all of the most egregious former ZH trolls seem to have departed the scene.

 

EDIT:  I seem to have spoken too soon, having forgotten about Geruda (see directly below).

Fri, 11/08/2013 - 18:03 | 4136900 Geruda
Geruda's picture

AMEN to that!!

 

By and large the stupidest most hate filled bunch of dumbfucks you find in comments anywhere...

 

It would be good to pile up all the asshole comments about Bengazi and re-examine the intellectual content, as if there would be any.

Fri, 11/08/2013 - 18:09 | 4136919 akak
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Sorry, Gerunda, you are going to have to remove the Obamessiah's cock from your mouth before we will have any chance of being able to understand anything that you are trying to say here.

Fri, 11/08/2013 - 14:21 | 4135941 lostintheflood
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That's the short version. Here is the whole story.

future jim, thank you for sharing that link...

Fri, 11/08/2013 - 18:03 | 4136901 MisterMousePotato
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Outstanding point from that article:

Bailouts are unconstitutional, but they happened anyway, so we see that it is really just the character of the American people that gives the Constitution its power, and the American people lacked the character to stop the bailouts. It is almost as if character devolution were part of some plan.

Fri, 11/08/2013 - 12:59 | 4135596 hedgeless_horseman
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Many will answer "yes" to the five questions

6. Have we failed to teach our children to write and read well?

How many "yes"'s do you see?

I see no "yes"'s, but do respond in the affirmative four times.  Number five is an open ended question, so if you answer, "yes," then you may need to work on reading comprehension.

The Elements of Style, 4th Edition
William Strunk, et al, $      8.26 
The book that started me on this sad attempt.  We can all improve our writing.

Fri, 11/08/2013 - 13:03 | 4135641 Skateboarder
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Even the Tyler's do not unders'tand the mighty apo'strophe.

Some will say, "oh, let it pass, you fucking grammar Nazi."

I say, "why bother with syntax at all? Let's go back to the caves."

Fri, 11/08/2013 - 13:04 | 4135652 Oldballplayer
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I kind like the idea of hearing the lamentations of the women and children.

Fri, 11/08/2013 - 13:17 | 4135700 outamyeffinway
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"Conan, what is best in life?"

 

"To crush the enemy, see them driven before you and hear the lamentation of their women!"

Fri, 11/08/2013 - 13:37 | 4135766 AvoidingTaxation
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“The greatest happiness is to scatter your enemy, to drive him before you, to see his cities reduced to ashes, to see those who love him shrouded in tears, and to gather into your bosom his wives and daughters.”

 Genghis Khan quote

Fri, 11/08/2013 - 14:26 | 4135967 shovelhead
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There's one cat that didn't have gridlocked Govt. policy.

He was a 'can do' kind of guy.

Fri, 11/08/2013 - 14:39 | 4136046 dontgoforit
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'Crazy Horse, where are your lands now?'

'My lands are where my dead lay buried.'

Fri, 11/08/2013 - 15:00 | 4136143 Things that go bump
Things that go bump's picture

duplicate

Fri, 11/08/2013 - 17:12 | 4136193 Things that go bump
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He did a lot of gathering. In Mongolia alone 1 man in every 10 is a direct descendent in the male line. Worldwide, 1 man in every 200 is a prince of the blood in a line that has thrown up 2 conquorors within 100 years of each other. In another 1000 years, if we are still around, when they look for a specific marker on the Y chromasome perhaps they will find it in all men and he will have become a latter day genetic "Adam" of our species. 

Fri, 11/08/2013 - 15:24 | 4136304 Jumbotron
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"Conan, what is best in life?"

 

"To crush the enemy, see them driven before you and hear the lamentation of their women!"

 

https://www.youtube.com/watch?v=UHohEY-IQ_w

Should have got an Oscar for that role.  Although he did play Conan more like Krull.....for those of you who know and have read both series.

Fri, 11/08/2013 - 16:38 | 4136579 F-Tipp
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All that matters, is that 2 stood against many.

http://www.youtube.com/watch?v=W5K3AKl5qpc

Fri, 11/08/2013 - 16:32 | 4136561 roadhazard
roadhazard's picture

Me like hearing the lamatazations of the spell chek Nazi'z.

Thu, 11/14/2013 - 05:48 | 4153288 Ctrl_P
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"Hoy shoop, good dentishtry and shoft lavatory paper" Cohen the Octigenerian Barbarian

Fri, 11/08/2013 - 13:05 | 4135655 prains
prains's picture

LOL

 

question 5 is not a YES or NO answer

 

funny

Fri, 11/08/2013 - 13:11 | 4135674 LongPAU
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I answered "Yes" to Question 5 anyway.

I'm a herd animal.

Fri, 11/08/2013 - 13:48 | 4135808 prains
prains's picture

as long as you stay in the middle, the gung ho's will get taken out first

Fri, 11/08/2013 - 14:08 | 4135880 Tall Tom
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The author of the article states that many will answer "yes" to the five questions.

 

Then the author queries his readers to the amount of 'yes' responses which they have.

 

 In the article the author did not directly state that any, or all, of the answers required a 'yes' or 'no' response.

 

If you read that requirement into the article then you have a problem with your Reading Comprehension.

 

It is similar to the following question...

 

Which statement is correct?

 

Seven and Five is Eleven, or, Seven and Five are Eleven?

 

What is the proper response? (This is a fun question which I use to challenge children.) You will be amazed at how often adults respond with the incorrect answer.

Fri, 11/08/2013 - 14:41 | 4136062 dontgoforit
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Like, 'How do you pronounce the capital of Michigan?  DEE-troit, or De-troit?'

Fri, 11/08/2013 - 14:47 | 4136104 akak
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Most locals call it "Dee-TROIT".  Which is far from the original French pronunciation, obviously.

Now, don't ask the locals of New Madrid, Missouri or Cairo, Illinois how they say their respective towns' names, unless you really want your ears to curl.

Fri, 11/08/2013 - 15:00 | 4136179 dontgoforit
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Yeah - that's the gig.  Lansing is the capital, but you can sure hook folks on the DEE-troit, or De-troit thing.

I only know New Mad-rid due to the great earthquake of 1812 that Tecumseh predicted saying the 'mother of all waters would flow backwards' - which the Mississippi did and that that would be a sign for all the tribes to join together to stop the invading Americans.  I'm guessing from what you're saying Cairo, IL is pronounced like it is in the town of the same name in GA: Kay-row.

Fri, 11/08/2013 - 15:16 | 4136238 akak
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You are correct on both counts.  But if I were to ever find myself in either of those places, I simply could NOT bring myself to mispronounce either name --- they will ALWAYS be "Muh-DRID" and "CEYE-roh" to me, no matter what some hick might otherwise insist.

It is amazing to me how many locals mispronounce local names.  I have seen (and heard) this in every town and in every state in the USA.  Hell, my grandfather lived on Chopin Street --- in a Polish neighborhood in Detroit, no less --- which the residents actually tortured into "Choppin' "!  I put it down to the typical American ignorance of geography and history.

Fri, 11/08/2013 - 21:05 | 4137393 StychoKiller
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Kinda like those honyokkers in S. Dakota, pronouncing "Pierre" as "peer", yet a business called "Pierre's body shop" pronounces it "pee-err's body shop",  WTF?

Fri, 11/08/2013 - 16:50 | 4136618 Tall Tom
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dontgoforit...Thanks for the Detroit-Lansing confusion question. I will have to add that one into my bag of tricks....That is funny.

 

BTW...Where do you bury the survivors anyway? (If a Plane crashes on the US-Canada Border then...where do you bury the survivors?)

Fri, 11/08/2013 - 16:59 | 4136654 dontgoforit
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Probably under Obammacare in ICU?

Fri, 11/08/2013 - 13:53 | 4135819 HardAssets
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LOL - I'm often guilty of grammar and spelling errors. When I'm passionate about a subject, that often happens.

It's irritating to find an error after the 'edit' option disappears.  "Hmmmm . . . . how did I miss that ?"

Fri, 11/08/2013 - 13:49 | 4135803 Tall Tom
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I have no clue, HH, who gave you a Down Arrow on the suggestion that we can improve. If we are not reading the articles, educating ourselves, and enlightening others then we are merely wasting our time, as well as others' time.

 

I studied Math and Science in school. But I have worked at improvement in my writing skills during school and continuously thereafter.

 

The "Elements of Style", by William Strunk and e.b. white is a classic. (e.b. white did not capitalize his proper name. It may have been an intentional attempt to educate others.)

 

It is good to see that others are reading it.

 

(Personally I enjoyed Charlotte's Web, by e.b. white, as a child. That was my first introduction to his written literary classics.)

 

I have taught those under my tutilage to write well. I read books to them as babies and taught them to write as they matured. Also they are not innumerate. The 17 Year Old young man is learning to fly small airplanes. He has not yet soloed and obtained his Pilot's License. But he is WORKING, earning the Flying Hours.  He is attending College. He is a member of the Civil Air Patrol. His sister is in Honors classes as a Junior in High School.

 

So I must answer that I have not failed. I am pleased with the results of my instruction and guidance.

 

But far too many have failed.

 

Good post.

Fri, 11/08/2013 - 14:42 | 4135991 HardAssets
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Tall Tom - I recently picked up a copy of "Grammar for Dummies" to review old lessons that I hadn't thought about for many years. I did well in my h.s. and university English classes, but viewed 'grammar' as a subject dominated by overly picky types. It was a necessary evil.

Later I learned that this isn't the case at all. Grammar is a far broader topic than the specialized field of English grammar with rules for punctuation. Grammar is one of the three classic tools for learning in The Trivium and one of the Seven Classic Liberal Arts. The origins of this go back at least to the ancient Greeks ,2500 years ago.  General grammar is the tool for gathering information about the world including the who, what, where, & when of a problem. We can then use the tool of Logic to recognize inconsistencies and determine the Why of a problem.  And finally, we use the tool of Rhetoric to communicate all this to others and to convince them of a course of action - the How of a problem.  English grammar is a way to break down, analyze, and understand language. Language is the tool we use for much of our thinking, so English grammar is a tool for thinking.

In the past, this was commonly taught to Americans. Now, for the most part,  it is only taught in private prep schools attended by the children of the so called 'elites'.

Here's a link to information on the classical learning tools, that you may find interesting:

http://www.triviumeducation.com/

Fri, 11/08/2013 - 14:58 | 4136172 Tall Tom
Tall Tom's picture

I was fortunate to be educated at a Private Primary School and a Private Prep High School. But my education began when I was very young. Both my adoptive brother and I were reading simple words by the age of Two Years and we both progressed rapidly. There was no "Baby Talk" in that home.

 

My Adoptive Mother's partner was a retired school teacher. While some of her methods were physically abusive she was extremely competent as a teacher.

 

Thank you for the link. I will be happy to read and refresh my education.

 

I strongly suggest that all members of our Zerohedge community read the information.

Fri, 11/08/2013 - 15:37 | 4136352 HardAssets
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Your comment about your educational background is very interesting Tom. Thank you.

I think you'll find that website intriguing.

"Take what is useuful to you, and throw out the rest."

 

Fri, 11/08/2013 - 14:38 | 4136043 shovelhead
shovelhead's picture

I must admit to a frisson of unabashed pleasure when my son and his girlfriend told me that they learned more in a half hour of talking with me than they learned in an entire semester at the University.

More than likely it is an indictment of the poor state of affairs in higher education than a testament to my pedagogical skills.

Fri, 11/08/2013 - 14:57 | 4136167 HardAssets
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shovelhead:  "I must admit to a frisson of unabashed pleasure when my son and his girlfriend told me that they learned more in a half hour of talking with me than they learned in an entire semester at the University."

I hope you don't mind my asking this - - - - What subjects did  you discuss with your son and his g.f. ?

Fri, 11/08/2013 - 15:20 | 4136234 dontgoforit
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I got the same accolades from some young folks at a recent UGA grad's graduation party.  A few of the young folks came in actually pro-Obamma/pro-Fed in their thinking and left shaking my hand and saying with what appeared to be genuine gratitude that they'd been enlightened.  Now, like you, I do not claim to any great proclivity of exceptional and secretive knowledge, but I've got some experience and a fair amount of common sense.  I do believe the younger folks are being brainwashed by their prof's just like some of the hippie type prof's I had in the 60's tried to influence us in certain thinking.  Those 'activist' professors are none too shy about putting their leftist views out there either.

Fri, 11/08/2013 - 15:57 | 4136397 Tall Tom
Tall Tom's picture

It is a thrill to educate others, especially youngsters. I enjoy the look of awe on their faces when they experience an epiphany, a "new" way of understanding something.

 

When they are teens you have to time it properly. When they come to you and ask is when they are most open. I unintentionally discourage that, at times, with insensitive judgmental statements. I am working on that...

 

I am still actively learning all that I can learn. I read voraciously. I want my enthusiasm about reading to be infectious.

 

There are some terrible instructors at the University. However there are some very decent instructors. Most undergrad classes are taught by Teaching Assistants in  Lower Division coursework. While some may be competent others are not.

 

But the size of the class means that the student will also be restricted from meaningful interaction with the Instructor. Sometimes there will be a Student/Teacher ratio of 100/1. This is not conducive to the education of the student. It is intentionally designed in this fashion to weed out those whom are not "University Material". 

 

As a Teaching Assistant for Arizona State University, the Math Testing Center had roughly 100 to 200 students taking exams at any given time. We processed around 600 to 800 students per day, (whom were taking the mandatory weekly quizzes and exams), Five Days per week. Our class sizes were 50 to 60 students per class. Personalized attention was extremely difficult to offer. Of course the Failure rate was roughly 70%.

 

We failed 70% of those enrolled means that we failed to teach them. A grade of 'F' works both ways. The student failed to master the material. We failed to properly instruct the student to succeed.  That was Intermediate Algebra, College Algebra, and Trigonometry. That material needed to have been mastered while they were attending High School.

 

The University Student begins to exclusively interact with the Instructors, Visiting Professors and Tenured Professors when they enter into Upper Division studies. Class sizes are reduced to no more than 20 to 30 students in a class. That is even somewhat overpopulated, but, more reasonable.

 

On the other hand at the Community College one interacts with Instructors and Tenured Professors from the very beginning. At the very least they have earned Masters Degrees and are not involved with Graduate Studies Students and Research.

 

So sorry for the book. It is also anecdotal evidence and does not necessarily apply to all Universities. (But I have read similar reports from others whom have attended other Universities...)

 

But I suggest that Lower Division students attend a Community College and then transfer into the University for the previously listed reasons. The quality of instruction is much better at the Community College when compared to that of the Freshman and Sophmore levels at the University.

Fri, 11/08/2013 - 14:47 | 4136075 dontgoforit
dontgoforit's picture

IMHO - the best single page of American prose ever written is the first page of Thomas Wolfe's Look Homeward Angel. 

PART ONE

. . . a stone, a leaf, an unfound door; of a stone, a leaf, a door. And of all the forgotten faces.

Naked and alone we came into exile. In her dark womb we did not know our mother's face; from the prison of her flesh have we come into the unspeakable and incommunicable prison of this earth.

Which of us has known his brother? Which of us has looked into his father's heart? Which of us has not remained forever prison-pent? Which of us is not forever a stranger and alone?

O waste of loss, in the hot mazes, lost, among bright stars on this most weary unbright cinder, lost! Remembering speechlessly we seek the great forgotten language, the lost lane-end into heaven, a stone, a leaf, an unfound door. Where? When? O lost, and by the wind grieved, ghost, come back again.

1

A destiny that leads the English to the Dutch is strange enough; but one that leads from Epsom into Pennsylvania, and thence into the hills that shut in Altamont over the proud coral cry of the cock, and the soft stone smile of an angel, is touched by that dark miracle of chance which makes new magic in a dusty world. Each of us is all the sums he has not counted: subtract us into nakedness and night again, and you shall see begin in Crete four thousand years ago the love that ended yesterday in Texas. The seed of our destruction will blossom in the desert, the alexin of our cure grows by a mountain rock, and our lives are haunted by a Georgia slattern, because a London cut-purse went unhung. Each moment is the fruit of forty thousand years. The minute-winning days, like flies, buzz home to death, and every moment is a window on all time.

Fri, 11/08/2013 - 15:00 | 4136184 dizzyfingers
dizzyfingers's picture

Hedgeless: The Elements of Style - priceless.

Fri, 11/08/2013 - 12:49 | 4135597 quasimodo
quasimodo's picture

Curious what the numbers are if this survey was seen over at Huffpo or SPLC.

Fri, 11/08/2013 - 12:58 | 4135633 NOTaREALmerican
NOTaREALmerican's picture

Re:  Curious what the numbers are if this survey was seen over at Huffpo or SPLC.

Each Team's true-believing dumbasses will love the bureaucratic response as long as their own Team in running the bureaucracy.

Fri, 11/08/2013 - 12:49 | 4135598 Cangaroo.TNT
Cangaroo.TNT's picture

If you answered "yes" to all 5 questions, you didn't read all 5 questions...which is about par for the course....

Fri, 11/08/2013 - 13:02 | 4135643 smlbizman
smlbizman's picture

yes i did....first post...fuck yeah...what, ..not the first....nevermind

Fri, 11/08/2013 - 13:10 | 4135665 OutLookingIn
OutLookingIn's picture

Wrong questions.

Number 1 should be -

1. Is the system corrupt?

2. Should it be replaced?

3. Prosecution and incarceration for wrong doers?

4. Will that include, not only financial but political?

5. How about some members of academia? Re-education behind bars?

Fri, 11/08/2013 - 13:29 | 4135744 LawsofPhysics
LawsofPhysics's picture

Correct.  In the absence of real consequences for bad behavior, the capital and resource mis-allocation and mal-investment will only get worse, until esential commodities and energy can no longer be delivered.

Then, and only then, will the true dogs of war/hell be unleashed.

Seems humanity never really learns.

Fri, 11/08/2013 - 15:10 | 4136244 dontgoforit
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Every generation must learn; therein lies the problem.  If the folks aren't teaching them the right stuff they're gonna get it wrong every time.  Human nature.

Fri, 11/08/2013 - 13:41 | 4135781 Relentless
Relentless's picture

Umm, is it just me or does that sound like a summary of Mao's starting position too?

 

Fri, 11/08/2013 - 13:29 | 4135743 therevolutionwas
therevolutionwas's picture

especially since there were only 4

Fri, 11/08/2013 - 12:49 | 4135599 amadeusb4
amadeusb4's picture

Is Ben Hunt saying that a new New Deal is around the corner? Because that would be awesome!

Fri, 11/08/2013 - 12:50 | 4135600 frednash
frednash's picture

no yes's

Fri, 11/08/2013 - 12:50 | 4135604 rehypothecator
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5. What are the structural consequences for markets and investing that stem from this redefinition?

Yes.  Definitely yes.  

Fri, 11/08/2013 - 12:54 | 4135613 withglee
withglee's picture

Funny

Fri, 11/08/2013 - 12:54 | 4135617 NOTaREALmerican
NOTaREALmerican's picture

Reply hazy try again

Concentrate and ask again

Fri, 11/08/2013 - 12:54 | 4135620 JailBank
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6. Will Kim and Kanye's baby eventually be declared the savior?

 

What we aren't asking what people really want to know?

Fri, 11/08/2013 - 13:30 | 4135748 Seasmoke
Seasmoke's picture

im  just trying to hang on until North West becomes President

Fri, 11/08/2013 - 12:56 | 4135628 HankyPankyBernanke
HankyPankyBernanke's picture

Correct answers:

1) BTFD

2) BTFD

3) BTFD

4) BTFD

5) BTFD

Fri, 11/08/2013 - 13:00 | 4135638 Trimmed Hedge
Trimmed Hedge's picture

Yes, we have no bananas...

Fri, 11/08/2013 - 13:00 | 4135640 Flakmeister
Flakmeister's picture

This guy obviously has expertise in writing ballot initiatives to fool the unwitting....

Fri, 11/08/2013 - 13:03 | 4135648 Duc888
Duc888's picture

How about he lawlessness by the scumbags at the top?  Or do they all get a pass?

 

I say we send 'em down to Deming N.M. where they can get 8 enemas...

 

We can start there...

Fri, 11/08/2013 - 15:13 | 4136253 dontgoforit
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Hell - they should all be packed away at Supermax, Florence, CO. - nice town for antique hunting, by the by.

Fri, 11/08/2013 - 13:05 | 4135653 Trimmed Hedge
Trimmed Hedge's picture

BTW, that Tetley tea ad needs to be bigger...

Fri, 11/08/2013 - 13:06 | 4135656 Icewater Enema
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"Many will answer "yes" to the five questions - and that has profound implications on what kind of country the US will become for the next generation...

Sadly, many more will stare at these questions in confused silence for a moment, then laugh and move on to the latest celebrity news. And that has REALLY profound implications on what kind of country the US will become for the next generation...

Fri, 11/08/2013 - 13:11 | 4135671 NOTaREALmerican
NOTaREALmerican's picture

Re:  US will become for the next generation

It is always been so, otherwise we wouldn't be here now... And, if you really think about it, there's nothing wrong if there's no rioting peasants.

As an old babushka, who lived in the Soviet Union and emigrated to the US about 30 years ago, told me:  If "they" had just given us a bit more salary, we could have bought more things, and people would have been happier, and the Soviet Union would still be around.  

You really can't say that's not correct about the USSR or any other place on the planet with peasants.   Give the peasants enough not to riot and the non-peasants can pretty much do what they want.

Fri, 11/08/2013 - 13:18 | 4135706 therevolutionwas
therevolutionwas's picture

We have the bread and circus routine going as we speak, as you know.  What happens when it eventually ends?

Fri, 11/08/2013 - 14:08 | 4135879 NOTaREALmerican
NOTaREALmerican's picture

Re:  What happens when it eventually ends?

I'm hoping it can continue until I'm dead.   

If America is exceptional at anything it's sociopaths creating bullshit for the dumbasses.  That's the only thing I still have hope about.

Fri, 11/08/2013 - 13:09 | 4135666 q99x2
q99x2's picture

#5 is not Yess or No.

I would have re-written the questinns before publishing.

Fri, 11/08/2013 - 13:09 | 4135668 q99x2
q99x2's picture

#5 is not Yess or No.

I would have re-written the questinns before publishing.

Fri, 11/08/2013 - 13:17 | 4135702 NoTTD
NoTTD's picture

Yes, you may have - but we wouldn't have been able to read them.

Fri, 11/08/2013 - 13:59 | 4135843 gdogus erectus
gdogus erectus's picture

I would have read a few posts before postinn

Fri, 11/08/2013 - 13:11 | 4135676 Thorny Xi
Thorny Xi's picture

Substitute "corporate" for the words academic and bureaucratic and make it 6 questions.  

Fri, 11/08/2013 - 13:16 | 4135691 NOTaREALmerican
NOTaREALmerican's picture

Re:  Substitute "corporate" for the words academic and bureaucratic and make it 6 questions

True,  and actually...   there is really no functional difference in the purpose of a public corporation or bureaucracy.  Both exist to be looted by the management.

Fri, 11/08/2013 - 13:38 | 4135756 Urban Redneck
Urban Redneck's picture

The corporations create the tax revenues for the bureaucracy to plunder. The bureaucracy doesn't create anything.

(sticking to functional differences)

But in both cases it's not just management doing the plundering, it's also the owners.

Fri, 11/08/2013 - 14:05 | 4135866 NOTaREALmerican
NOTaREALmerican's picture

Re:  But in both cases it's not just management doing the plundering, it's also the owners.

In a way,  I don't mind owners plundering as much as I do management.   If it's a private company and the owners want to plunder, that's their choice.  

In a public company tho,  the "excesses" of management compensation are "annoying".    

Disclaimer:  I have nothing against the "most fit" (sociopathic management in this case) screwing the "less fit".   I'm just envious I'm not one of the "most fit".

Fri, 11/08/2013 - 13:12 | 4135682 vote_libertaria...
vote_libertarian_party's picture

uhhhhhhh.....buy buy buy???

Fri, 11/08/2013 - 13:12 | 4135683 Professorlocknload
Professorlocknload's picture

 

 

 

6. When did you stop beating your wife. 

Yes

No

Fri, 11/08/2013 - 13:13 | 4135684 Scoobywan
Scoobywan's picture

Answer for #5. I love lamp!

Fri, 11/08/2013 - 13:21 | 4135714 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

My answer to all 5 is a fish since we've seemed to have crossed that line between real and surreal.

Fri, 11/08/2013 - 13:22 | 4135720 therevolutionwas
therevolutionwas's picture

#5  Vee are zo dooommmeed!

Fri, 11/08/2013 - 13:23 | 4135724 drink or die
drink or die's picture

This is too short to re-tweet.

Fri, 11/08/2013 - 13:33 | 4135755 Miles Kendig
Miles Kendig's picture

None.  The "word" *"yes"'s* fails to appear in the "questions" - J

The paper exam: http://youtu.be/OrUg-b31y5c

Fri, 11/08/2013 - 13:36 | 4135763 JR
JR's picture

The world has a monarchy and that monarchy is the network of central banks.

Central banks have become enemies of the people and like Ludwig von Mises said in Human Action, it was debasement of the currency that contributed to the fall of the classical civilization of antiquity, the Roman Empire.

Currency, as a medium of exchange, belongs to the people and not to the central bankers, i.e., the rulers who use favorite banks and corporations as their primary customers. And debasement of the currency always hurts the people.

Central banking is central planning is central control by the bankers. And guess what? The bankers will make every move they can to benefit themselves.

This century alone, the financials, "making money out of money," are approaching their third banker-created explosion – the stock market.  The Fed-created Dot-com bubble burst in 2000; next came the real estate bubble 2001-2008; and we are now in a financial derivatives bubble 2008-2013 (gambling for the sake of gambling to the tune of $700 trillion at zero risk to the TBTFs) with stocks back at 20x trailing earnings as in 2007, according to David Stockman.

As Steve Denning put it in 3/17/2013 on Forbes:  Luckily for the financial sector, the banks have access to free money provided by the Federal Reserve to gamble with. The top talent in these firms is mainly devoted to 'making money from money' in a zero-sum game with great risks, and few if any benefits, for the economy as a whole. The executives aren’t focused on the ‘boring’ task of funding the production of goods and services for the real economy. They are busy making money for themselves.”

As for the cost to the losers, the people, while the financials were able to avoid the real estate crash with help of a government bailout of the big banks, “Main Street was not so lucky. Large numbers of small and medium enterprises went bankrupt. Jobs were lost. Savings were destroyed. Real property values plunged. Houses went underwater and mortgages were foreclosed. Median incomes declined.”

Says Denning, “As a result, the economy has remained in the Great Stagnation, running on life support with funding from the Federal Reserve.”

Denning foresees that “the damage from a meltdown of part of the derivatives bubble will likely exceed the damage from either of the two previous bubbles, given the amount of money involved.  And the derivatives market funds nothing of social value. It is simply money chasing money. In this respect, it resembles the Tulip Bubble of 1636 and South Seas Bubble of 1720.”

http://www.forbes.com/sites/stevedenning/2013/03/17/three-essential-measures-to-make-banks-safe-again/

Fri, 11/08/2013 - 13:37 | 4135768 therevolutionwas
therevolutionwas's picture

"...there is much less to steal."  

Fri, 11/08/2013 - 13:38 | 4135772 Reaper
Reaper's picture

They were instructed in glories of central planning and of academic planners. They believed. They presumed they understood the past. They applied their "unproven" solutions to past problems to present and perceived future problems. They believed their own assurances were adequate insurance for the people. Hubris always ends badly.

Fri, 11/08/2013 - 13:42 | 4135784 Rand Mises Hayek
Rand Mises Hayek's picture

Atlas has Shrugged

Fri, 11/08/2013 - 13:49 | 4135814 B.J. Worthy
B.J. Worthy's picture

Our Fed

Who art in Washington

Yellen be thy name

Thy printing come

Thy will be done by Ben as it is with Janet

Give us this day our daily 3 billion

And increase us our debts

As we bail out our debtors

And lead us not into inflation

But deliver us from down markets

For thine is the printing, the bubble and the euphoria

Forever till taper

Amen

Fri, 11/08/2013 - 13:56 | 4135835 hedgeless_horseman
hedgeless_horseman's picture

 

 

Give us this day our daily 3 billion

I laughed.

I screamed.

I cried.

Fri, 11/08/2013 - 14:00 | 4135846 NOTaREALmerican
NOTaREALmerican's picture

+1000 LOLOL   (I love this site).

Fri, 11/08/2013 - 14:16 | 4135910 Tall Tom
Tall Tom's picture

And lead us not into DEFLATION.

 

Isn't that what QE is supposedly about?

 

Great poem, otherwise.

+10,000 -1 for the minor error.

 

But I am still laughing my butt off at it.

Fri, 11/08/2013 - 13:54 | 4135826 Sean7k
Sean7k's picture

The beauty of propaganda lies in the phrasing of questions, which ignore reality, yet engage us to redefine it in terms more acceptable to the status quo.

Government and academia are tools of the overlords. Policy cannot be originated by parrots and puppets. We have no monetary policy, because we don't use money. 

What useful lessons can be learned from the adoption of fascism? Shouldn't we have known these before it was introduced? 

We have media that threatens us with the menace of machines taking over, when we should be aware of machines run by psychopathic overlords like computer controlled helocopter firing systems and new land robots that can target from two miles away and kill from one mile. By eliminating the need for human troops, you no longer have to fear mutiny in the ranks.

If you listen to academia, you eat poisoned food, water and air; while happy, knowing they have assured you no harm may befall you. If you believe politicians, then you have approved the legality of corporations being able to poison your food, water and air.

 

Fri, 11/08/2013 - 13:56 | 4135828 rustymason
rustymason's picture

The mob went legit and they are almost finished looting America. Next step: burn the place down and collect the insurance money.

And BTW, anyone who quotes communists and other destroyers of the West in order to support his argument is a liar, a fool, or both.

Fri, 11/08/2013 - 14:10 | 4135887 NOTaREALmerican
NOTaREALmerican's picture

Re:  And BTW, anyone who quotes communists and other destroyers of the West in order to support his argument is a liar, a fool, or both

Anyone who thinks it took communists to destroy the west is a fool or a beleiver in "Conservative" or Libertarian bullshit.

Fri, 11/08/2013 - 16:43 | 4136583 Tall Tom
Tall Tom's picture

rustymason..."And BTW, anyone who quotes communists and other destroyers of the West in order to support his argument is a liar, a fool, or both."

 

ALTHOUGH I REJECT SOCIALISM...I ABHOR IT...

 

I also abhor Black and White thinking.

 

Although I am not a Buddhist I will ascribe to the following writing...

 

Conquer the angry man by love.
Conquer the ill-natured man by goodness.
Conquer the miser with generosity.
Conquer the liar with truth.

 

Did not Jesus say, "Love thy neighbor as you love yourself.", and, "Bless your enemies. Be kind to those whom persecute you."? Was Jesus seeking to expose the lies with His Truth? Did Jesus say, "Give to those that ask of you"?

 

I am a Christian and can recognize the truths in Buddhism. If Buddhism were a total lie then nobody would be attracted to it. But Buddhism has a lot of Truth written within.

I reject the lies and embrace the truth. Even those whom are misguided can speak truth. If a Communist speaks that which is true I shall quote the truth. The source is meaningless. It is the truth that I shall seek and that I shall speak so God help me.. The Truth is the only meaningful topic.  The source matters not.

 

The garbage out of the Communist's musings I will discard. I am pretty good when it comes down to discerning that which is true.

 

Even the best lie is just a whole lot of the truth with the lie slipped in so that its insidious nature is unnoticed. So I will expose the lie and emphasize the Truth.

 

For instance when Paul Krugman says that the United States is in a Depression (He does and it is.) I will only reject that truth at my own peril. That does not mean that I agree with everything that Paul Krugman says. In fact many of his statements are so far removed from reality that I actually have good laughs of astonishment while reading them.

 

Do not concern yourself with the messinger but concern yourself with the message. The message has more impact than the messinger can dream of having.

 

To reject the truth, because of a lie, is even far more tragic than believing a lie in the first place.

 

Fri, 11/08/2013 - 14:15 | 4135909 Disenchanted
Disenchanted's picture

(N.) America as in the land mass will be around for awhile.

The future of the status quo society/establishment of the UNITED STATES OF AMERICA INC., dim.

Fri, 11/08/2013 - 14:29 | 4135984 TBT or not TBT
TBT or not TBT's picture

Here's a possible answer.  The Supreme Court is hearing a case now where the federal government, the central government of the USA, prosecuted a local crime, a woman smearing something caustic on a doorknob to burn another woman's hand, under conditions of a Treaty on chemical weapons meant to apply to national governments.    The Obama DOJ wants the answer from the Supremes to be, that the federal government can usurp US and state an local law, as well as individual rights, by applying properly ratified treaties.   Thankfully, the justices are openly making fun of the DOJ lackey, causing open laughter to break out, but look at what the motherfuckers are trying to pull.    This is a backdoor for NWO, Soros-backed nightmare shit, such as an end run around the 2A.

Fri, 11/08/2013 - 14:47 | 4136101 shovelhead
shovelhead's picture

Troublesome.

This could open the door to a ding-dong-ditchem flaming bag of dogshit to be classified as a WMD and a subsequent drone attack on the alleged perpetrator.

Fri, 11/08/2013 - 14:55 | 4136161 moonstears
moonstears's picture

Or that famous call at 2am "Is your refrigerator running?"...Hate speech? Questioning the economic acumen of others to pay a power bill, you 8th grade heathens?

Fri, 11/08/2013 - 15:21 | 4136285 TBT or not TBT
TBT or not TBT's picture

This is actually the level of argument being bandied about in the court.   Alito pointed out that he and his wife had distributed banned chemical weapons to children a few nights ago.   You see, the treaty bans poisoning animals as well as humans, and chocolate is poisonous to dogs.   QED.    Alito is being transported to Gitmo under heavy guard, having waived his 5th and 4th amendment rights in a previous supreme court hairsplitting earlier this year.

Fri, 11/08/2013 - 16:22 | 4136538 kchrisc
kchrisc's picture

"This is a backdoor for NWO..."

 

Backdoor, frontdoor, window, etc., they will still have to deal with AK and AR 'pitchforks,"

Fri, 11/08/2013 - 23:18 | 4137684 bilejones
bilejones's picture

I saw that and thought the same. Offenses previously committed by foreign regimes are now the cause for the persecution of the common man in the US.

Fri, 11/08/2013 - 14:48 | 4136112 g'kar
g'kar's picture

I couldn't understand any of those questions, so I vote present. It worked for state senator obama.

Fri, 11/08/2013 - 15:23 | 4136296 TBT or not TBT
TBT or not TBT's picture

"Don't worry scro' !  There are plenty of 'tards out there living really kickass lives."

Fri, 11/08/2013 - 15:20 | 4136290 Jumbotron
Jumbotron's picture

"Will Kim and Kanye's baby eventually be declared the savior?"

No.....the Antichrist.

Fri, 11/08/2013 - 20:37 | 4137312 RMolineaux
RMolineaux's picture

I disagree with the writer about the three greatest threats to Americas future.  I would suggest the following instead:

1.  The construction of a military empire without the necessary economic underpinnings.  Why must we repeat the dismal history of the Romans, Portugal, Spain, Holland, France and England, forgetting our origins in revolution from empire?

2.  The abdication of constitutional powers by the Congress which pimps special interests at the expense of the citizenry and the country's future.  (Obamacare is a subset of this in its surrender to the drug companies and private care providers.)

3.  The growth in all aspects of our culture and economy of the culture of unlimited greed.  The results ae manifest.

Sat, 11/09/2013 - 04:09 | 4137990 dinkum
dinkum's picture

Monty Perelin: "These are important issues, especially points 2 – 4.

Readers of my website, I believe know that my answers to these questions are yes and that these answers have profound impact on what kind of a country we will leave to our grandchildren.

Readers should know also that I believe the attempts in point 2 above are wrong-headed and destined to fail spectacularly."

I reject the Rule of Law and believe the difference of US and Australia vs Mother England's common law is that we were founded under the Rule of Due Process of Law. Bills of Attainder and Bills of Pain and Punishment were prohibited in the Constitution. Key threat to America is the Rule of Law replacing the US Rule of Due Process of Law and the Judiciary lagging a generation or two behind the current stage/post-stage of the Industrial Revolution.

This is quite simple to rectify.

If the author defined "monetary policy" and "academia" it would be possible to comment.

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