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Venezuela Jails Over 100 "Bourgeois, Barbaric, Capitalist Parasites"

Tyler Durden's picture




 

"It's time to deepen the offensive, go to the bone in this economic war," warned Venezuelan President Maduro - echoing Hugo Chavez's iron fist of socialism (and nationalization) before him - as his decision to jail over 100 businessmen is "defending the poor." As Reuters reports, plenty of Venezuelans have applauded his measures, saying price hikes were out of control, while others have expressed fears that Maduro could be uncorking dangerous forces as opposition forces note Maduro's economic policies were "chillingly similar" to those of Zimbabwean President Robert Mugabe. Officials say unscrupulous companies have been hiking prices of electronics and other goods more than 1,000 percent. Critics say failed socialist economic policies and restricted access to foreign currency are behind Venezuela's runaway inflation. No matter which, Maduro thundered "They are barbaric, these capitalist parasites!"

 

 

Via Reuters,

Venezuela's socialist government has arrested more than 100 "bourgeois" businessmen in a crackdown on alleged price-gouging at hundreds of shops and companies since the weekend, President Nicolas Maduro said on Thursday.

 

"They are barbaric, these capitalist parasites!" Maduro thundered in the latest of his lengthy daily speeches. "We have more than 100 of the bourgeoisie behind bars at the moment."

 

...

 

Officials say unscrupulous companies have been hiking prices of electronics and other goods more than 1,000 percent. Critics say failed socialist economic policies and restricted access to foreign currency are behind Venezuela's runaway inflation.

 

"Goodyear has to lower its prices even more, 15 percent is not enough, the inspectors have go there straightaway," Maduro said in his evening address, sending officials to check local operations of the U.S.-based tire manufacturer.

 

...

 

Like Chavez, Maduro says he is defending the poor.

 

...

 

"It's time to deepen the offensive, go to the bone in this economic war," he said.

 

Only a few of the hundreds of shops targeted with surprise inspections had been found to be offering "fair prices," officials say. Some businesses are voluntarily lowering prices - or staying closed - in case the inspectors come.

 

"We've reduced everything by 10 to 15 percent, but it's not fair. I can't make a profit now," said the owner of one small electronics store, who asked not to be identified.

 

...

 

Venezuela's official inflation, 54 percent annually, is the highest in the Americas.

 

...

 

Prominent pro-opposition columnist Nelson Bocaranda said Maduro's economic policies were "chillingly similar" to those of Zimbabwean President Robert Mugabe. The African leader also used security forces to enforce a price crackdown in 2007.

 

...

 

"This shows the economic chaos Maduro has got us in where prices have no logic. The government created this monster and now tries to pretend it will control it, but Venezuelans cannot be deceived by this electoral show," Justice First said.

Still, on the bright side, look at their stock market this year! That must mean things are going great, right?

 

Think of the wealth effect?

 

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Fri, 11/15/2013 - 09:26 | 4157271 Cognitive Dissonance
Cognitive Dissonance's picture

I would be satisfied if we just started with the heads of the head banksters over here.

<Pipe dream.>

Fri, 11/15/2013 - 09:27 | 4157278 GetZeeGold
GetZeeGold's picture

 

 

Please tell me you're not in Venezuela.

Fri, 11/15/2013 - 09:39 | 4157318 hedgeless_horseman
hedgeless_horseman's picture

 

 

lol

They actually believed that if they liked their purchasing power they could keep their purchasing power. 

Idiots.

Fri, 11/15/2013 - 09:39 | 4157332 GetZeeGold
GetZeeGold's picture

 

 

They have purchasing power.....they just don't have toilet paper.

 

No....I'm not sure why.

Fri, 11/15/2013 - 10:07 | 4157436 gmrpeabody
gmrpeabody's picture

Bullish... BTFD!

Fri, 11/15/2013 - 10:11 | 4157453 BaBaBouy
BaBaBouy's picture

The Bernank And Gang, Please Move The Venezuela ...

Fri, 11/15/2013 - 10:16 | 4157471 SilverIsKing
SilverIsKing's picture

If Obama had a brother...

Fri, 11/15/2013 - 10:22 | 4157485 strannick
strannick's picture

When his debt fueled inflation takes off here, I'm sure Obama will take responsibility for his actions, and not simply resort to empty rhetoric and show trials

Fri, 11/15/2013 - 10:49 | 4157512 hedgeless_horseman
hedgeless_horseman's picture

 

 

Yes we can (in nominal terms)!

Fri, 11/15/2013 - 10:50 | 4157568 GetZeeGold
GetZeeGold's picture

 

 

Thanks...seeing it in pictures really helps clarify things.

Fri, 11/15/2013 - 11:06 | 4157622 Pure Evil
Pure Evil's picture

The one thing they all seem to have in common besides being idiots is the use of the Iron Fist pump.

Fri, 11/15/2013 - 11:11 | 4157647 dontgoforit
dontgoforit's picture

It's the EVIL Solidarity hand sign.

Fri, 11/15/2013 - 11:16 | 4157659 hedgeless_horseman
hedgeless_horseman's picture

 

 

They are gripping tightly their thirty pieces of silver.

Fri, 11/15/2013 - 11:42 | 4157750 BaBaBouy
BaBaBouy's picture

CLENCH Your Fist And REPEAT After US: ""Cha-CHING"" ... Lol

Fri, 11/15/2013 - 12:05 | 4157854 Charles Wilson
Charles Wilson's picture

Maduro is simply protesting against the Capitalist Cartel that is keeping the Socialist Big Screen TeeVees out of the hands of the huddled masses yearning to watch Jerry Springer in the Socialist Paradise of Venezuela.

I mean, let's get serious. How can you compare the Big Screen TeeVee made in Cuba with one you can get at any WalMart?  Have you seen what Zimabawe can do with a Chinese LED Panel?

It's obvious that the Capitalist Parasites cannot compete with Big Socialism.

Millions of dead people in China and the old USSR can testify to that.

 

CW

Fri, 11/15/2013 - 12:44 | 4158021 Meat Hammer
Meat Hammer's picture

They are gripping tightly their flash drive holding their backed-up Bitcoin wallets.

I now await junkapalooza.

Fri, 11/15/2013 - 11:29 | 4157721 Bay of Pigs
Bay of Pigs's picture

Yeah, they like fisting alright.

Fri, 11/15/2013 - 11:33 | 4157736 Overfed
Overfed's picture

Oh, you're all jus rayciss and sexiss, and can't bear to see women or people of color holding power.

 

 

 

 

 

 

 

 

 

Do I really need the /s tag?

Fri, 11/15/2013 - 14:42 | 4158494 LongBallsShortBrains
LongBallsShortBrains's picture

The proper use of the contraction gave you away.

Fri, 11/15/2013 - 10:22 | 4157493 Richard Chesler
Richard Chesler's picture

"We've reduced everything by 10 to 15 percent, but it's not fair. I can't make a profit now,"

Quien es Juan Galto?

Fri, 11/15/2013 - 11:23 | 4157694 Flakmeister
Flakmeister's picture

En la mente de un Randian errónea

Fri, 11/15/2013 - 12:38 | 4157991 Chump
Chump's picture

*Who*

Fri, 11/15/2013 - 12:50 | 4158059 A Nanny Moose
A Nanny Moose's picture

Except that Atlas Shrugged has transitioned from Fiction to Documentary.

Fri, 11/15/2013 - 13:19 | 4158168 Flakmeister
Flakmeister's picture

Oh, really? 

You do realize that the closest thing to a John Galt figure today are people like Elon Musk and until he passed away, Steve Jobs. People that really believe in something do not walk away from their vision like petulant children...

It has never happened.... 

Take the red pill...

Fri, 11/15/2013 - 10:20 | 4157482 Big Brother
Big Brother's picture

Are you thinking what I'm thinking? Fiat-to-toilet paper conversion plant:  infinite supply - lots of demand.

Fri, 11/15/2013 - 14:19 | 4158398 Svendblaaskaeg
Svendblaaskaeg's picture

If you like your Fiat paper, you can keep your toilet paper

Fri, 11/15/2013 - 09:36 | 4157319 Cognitive Dissonance
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Sorry. I thought everyone here on ZH knew I was living in Amerika. :)

Fri, 11/15/2013 - 09:40 | 4157337 Bearwagon
Bearwagon's picture

From over here (EU), you are living in Amerika also if you are in Venezuela.  ;-)

Fri, 11/15/2013 - 10:58 | 4157595 Mr. Magoo
Mr. Magoo's picture

Where can I get that colorful outfit Mugabe is wearing, I will bet its made in China

Fri, 11/15/2013 - 11:13 | 4157651 dontgoforit
dontgoforit's picture

Imported through Chicago via Kenya.

Fri, 11/15/2013 - 10:56 | 4157283 RSloane
RSloane's picture

So he has arrested and imprisoned some of our congress!?! Thank you Venezuela!

Fri, 11/15/2013 - 11:02 | 4157609 Bangin7GramRocks
Bangin7GramRocks's picture

As a citizen of the United States, I would like to help our neighbors to the south and donate 6 Walton's, 1 Dimon, 1 Corzine, a bunch of DuPonts and a gaggle of Rockefellers to the cause.

Fri, 11/15/2013 - 13:25 | 4158183 orez65
orez65's picture

"... and donate 6 Walton's, 1 Dimon, 1 Corzine, ..."

Please may I add to your list the following: Jane Fonda, Michael Moore, Nancy Pelosi, Barrack Obama, Larry Summers, Ben Bernanke, all Union officials in the US, all liberals in the US ...

Fri, 11/15/2013 - 09:27 | 4157275 PaperBear
PaperBear's picture

These aren't the parasites you're looking for.

Fri, 11/15/2013 - 10:01 | 4157420 Terminus C
Terminus C's picture

Look north to DC and NYC and you will find the true parasites.

Fri, 11/15/2013 - 10:08 | 4157440 Urban Redneck
Urban Redneck's picture

Yes, but that little cunt doesn't have the balls to do face off with DC & NYC, or to cut off the oil, so instead he will stomp on his own people and the rule of law, and make everyone poorer and in doing so ensure that in order to rid Venezuela of his worthless ass, some of his subjects will most likely make a deal with the devil that he can't even stand up to.

It's because of ass clowns like this that the intelligence services are have such an easy time implementing their most atrocious designs.

Fri, 11/15/2013 - 10:26 | 4157508 XitSam
XitSam's picture

He stomps on his own people and tells them he is doing it to save them from evil capitalists. And they accept it.

Coming soon to your country.  This will not end well.

Fri, 11/15/2013 - 12:05 | 4157850 Meat Hammer
Meat Hammer's picture

He stomps on his own people and tells them he is doing it to save them from evil capitalists. 

I seem to remember a skinny Kenyan around the DC area doing the same thing.

Fri, 11/15/2013 - 09:27 | 4157276 Took Red Pill
Took Red Pill's picture

coming soon to the USA

Fri, 11/15/2013 - 09:29 | 4157285 GetZeeGold
GetZeeGold's picture

 

 

Everything is in place.....just waiting for the kill order.

Fri, 11/15/2013 - 09:31 | 4157297 Sudden Debt
Sudden Debt's picture

It think it's somewhere between second 1 and minute 10...

Fri, 11/15/2013 - 11:15 | 4157660 dontgoforit
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Obama's Cloward & Piven Strategy.  Keep pouring it on until the cup floweth over.

Fri, 11/15/2013 - 09:27 | 4157277 ParkAveFlasher
ParkAveFlasher's picture

Another CIA marionette jingle jangles across the international puppet stage.  

Fri, 11/15/2013 - 09:47 | 4157371 Race Car Driver
Race Car Driver's picture

+1 Pop-culture reference

 

And if you hear vague traces of skippin' reels of rhyme
To your tambourine in time, it's just a ragged clown behind
I wouldn't pay it any mind, it's just a shadow you're seein'
That he's chasing

- B. Dylan (Zimmerman)

 

History doesn't repeat itself, but it does rhyme.

- M. Twain (supposedly)

 

The last 100 years of history has been played like a broken record.

Fri, 11/15/2013 - 09:59 | 4157416 Proofreder
Proofreder's picture

 I really don't care anymore
About all the Jim-Jims in this town
And everybody putting everybody else down
And all of the politicians makin' crazy sounds
All the dead bodies piled up in mounds, yeah

And I just don't care anymore.

 

Lou Reed 

May he rest in peace, but I have my doubts

Fri, 11/15/2013 - 10:46 | 4157560 bob_stl
bob_stl's picture

The sweet pretty things are in bed now of course
The city fathers they’re trying to endorse
The reincarnation of Paul Revere’s horse
But the town has no need to be nervous

The ghost of Belle Starr she hands down her wits
To Jezebel the nun she violently knits
A bald wig for Jack the Ripper who sits
At the head of the chamber of commerce

- B. Dylan
Fri, 11/15/2013 - 10:47 | 4157566 bob_stl
bob_stl's picture

Now his nurse, some local loser
She’s in charge of the cyanide hole
And she also keeps the cards that read
“Have Mercy on His Soul”
They all play on pennywhistles
You can hear them blow
If you lean your head out far enough
From Desolation Row

- B. Dylan
Fri, 11/15/2013 - 11:17 | 4157667 dontgoforit
dontgoforit's picture

'I used to care, but things have changed.' - Dylan

Fri, 11/15/2013 - 09:28 | 4157280 screw face
screw face's picture

One can't EAT, Drink or BREATH money.......bank on it.

Fri, 11/15/2013 - 09:39 | 4157330 pods
pods's picture

And they are pissed about electronics being too pricey?

They have a long way to fall still.

pods

Fri, 11/15/2013 - 10:59 | 4157597 Flakmeister
Flakmeister's picture

Yep..

Fri, 11/15/2013 - 09:29 | 4157286 Fiat Burner
Fiat Burner's picture

Fuck you Maduro. The truth is you are the parasite.

Fri, 11/15/2013 - 09:44 | 4157358 pods
pods's picture

Let's be honest about it though, the only difference between Venezuela and the Ulcerated Sphincter of Asserica is that we have the reserve currency.

Our number 1 export is debt.  That shit comes roaring home and the FSA will be eating each other.

EBTs got shut down for less than a day and people lost their fucking minds.

pods

Fri, 11/15/2013 - 09:52 | 4157391 Cognitive Dissonance
Cognitive Dissonance's picture

So.......it's a matter of (our) national security to maintain the USD as the global reserve currency. At this point all our so called freedoms are entirely dependent upon our reserve currency status. It certainly puts the actions of the US Gvt over the last 40 years, and especially the last 15, in perspective.

Fri, 11/15/2013 - 09:58 | 4157409 pods
pods's picture

Exactly right CD.  If we are going to be honest about it.  That is why we are the world's policeman.  Well, why we say we are.  Instead we destroy and destabilize any coalitions or countries that might challenge our chief export.

And this is also why idiots like Hannity are disingenuous about domestic energy production.  We cannot produce our own energy because we need those dollars to leave the country and cause Tunisian men to light themselves on fire, instead of in the USA.

Since the breakdown of Bretton Woods we have been full on debt backed currency.  As things expand, so does the currency have to expand. And expand to match interest as well.

Easier to export that shit to the third world than have people in the US slitting throats for bags of UN rice.

pods

Fri, 11/15/2013 - 10:24 | 4157502 americanreality
americanreality's picture

A supposed "Christian" nation.  

Fri, 11/15/2013 - 11:02 | 4157603 Buckaroo Banzai
Buckaroo Banzai's picture

You can count the number of real Christians in the Federal Government on one hand. The Supreme Court has made atheism the state religion. And for crying out loud, POTUS is a fucking muslim.

The nation is still Christian but the people who run it? Nope.

Fri, 11/15/2013 - 12:30 | 4157948 stopthejunk1
stopthejunk1's picture

The last real Christians died hundreds of years ago, maybe even 1500 years ago.  Today's "Christians" are frauds just like the parasites they complain about.

Fri, 11/15/2013 - 11:04 | 4157614 CrimsonAvenger
CrimsonAvenger's picture

A Christian nation...that really likes having nice things.

Fri, 11/15/2013 - 11:21 | 4157683 dontgoforit
dontgoforit's picture

Don't be too hard on America, buds.  America is a great country - our political system has been usurped, simply put.  I believe the D.C. bandicoots are fearful for their lives on a minute-to-minute basis.  So would I if I were part of the usurpation forces.  This train-wreck-to-be is not so much a financial disaster as a crisis of soul.

Fri, 11/15/2013 - 12:08 | 4157860 Boxed Merlot
Boxed Merlot's picture

A supposed "Christian" nation...

 

 

Most Christian theologians in the US today would define our age as “Post-Christian”.  Besides which, “Christian” is realistically a term only applicable to an individual.  Even in the UK, Martin Lloyd Jones would take issue with Englishmen asserting the mantle of “Christian” just because they hailed from the nation.  Citizenship has nothing to do with Christianity other than nations typically prosper by having citizens that voluntarily conduct their affairs justly whether anybody sees, rewards or punishes them or not.

Jmo.  

Fri, 11/15/2013 - 12:35 | 4157956 stopthejunk1
stopthejunk1's picture

Also, Jesus was a socialist.  There is no way in hell that a "Christian" could worship "private property" and gross inequality, the way that Americans do.  There is no way that a "Christian" could confuse egoism with "individualism."  

 

Nor does being moral have anything to do with being religious.  The truly moral people are those that don't need superstition-based coercions to justify their behavior.  

Fri, 11/15/2013 - 14:22 | 4158411 IrritableBowels
IrritableBowels's picture

Jesus was an anarchist.

Fri, 11/15/2013 - 10:49 | 4157565 Tall Tom
Tall Tom's picture

Let's suppose that Hanniy is right. (He is not but just for the sake of a good laugh...let's suppose that he is.)

 

Why would the United States give away a limited Natural Resource as Oil in return for that worthless paper that we exported?

 

Now actually it would be the moral action to take since we burned up the Oil of Foreign Nations by spending that worthless paper in the first place.

 

But since when has the US Government acted Moral? We will do that which is expedient. The US Dollar must die if we are going to become Oil Exporters. We certainly do not want that paper back.

 

By the way...I am not the only one who has this thought. What makes anyone think that people in Foreign Central Banks do not have brains and understand that when we become this "Great Oil Exporter" that we will not kill the US Dollar?

 

If Hannity is correct then the US Dollar must die. If Hannity is not correct then the US Dollar will die.

 

Ergo the US Dollar will die either way.

Fri, 11/15/2013 - 10:53 | 4157577 Bearwagon
Bearwagon's picture

Not to disagree in general, but the US will never become Oil exporters. Chances are that they will become exporters of natural gas or/and refined products, but not oil.

Fri, 11/15/2013 - 11:22 | 4157692 dontgoforit
dontgoforit's picture

Balance of trade.  And I do believe all the Prudhoe Bay product goes to Japan.

Fri, 11/15/2013 - 12:11 | 4157878 Flakmeister
Flakmeister's picture

Well your belief is completely without creedance...

Instead of "believing" why not take 25 seconds to verify..

Google Prudhoe Oil exports Japan

Fri, 11/15/2013 - 13:45 | 4158258 dontgoforit
dontgoforit's picture

I stand corrected, Fkalmeister.  Only about 60,000 brls/day go off-shore (about 7%).

Fri, 11/15/2013 - 13:51 | 4158289 Flakmeister
Flakmeister's picture

I really appreciate you following up...

Thanks...

Fri, 11/15/2013 - 09:53 | 4157393 Dr. Engali
Dr. Engali's picture

Exactly, and when that debt all comes roaring back to the U.S.S.A it's going to be ugly on a global scale.

Fri, 11/15/2013 - 10:53 | 4157580 Tall Tom
Tall Tom's picture

Either through the sales of US Domestic Oil Production, OR, through a Loss of Global Coofidence in our Currency, those Dollars will return.

 

Either way they will return to our shores. There is not one damned strategy that we can undertake to stop it other than an outright default.

 

Good morning.

Fri, 11/15/2013 - 13:49 | 4158276 Almost Solvent
Almost Solvent's picture

outright default

 

That's been the general idea since 1971ish.

And, we have big bases all over the world to keep the oil coming our way no matter what. (short of massive EMP strike or nuclear war)

Fri, 11/15/2013 - 09:53 | 4157394 Fiat Burner
Fiat Burner's picture

Yep. Fuck ALL central planning parasites.

Fri, 11/15/2013 - 09:54 | 4157396 fonzannoon
fonzannoon's picture

That maybe true Pods but all economies are local, and some produce more than others. For instance my local economy produces this....

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

Fri, 11/15/2013 - 10:01 | 4157419 pods
pods's picture

Yes they are (can't watch vids at work fonz), but we still have the command structure in place to overwhelm local safe zones.

Reminds me of the story that johngaltfla wrote about societal breakdown.  Man that was an awesome read.  Thanks again John!

pods

Fri, 11/15/2013 - 10:05 | 4157432 fonzannoon
fonzannoon's picture

Later on when you are in the mood to jump start a vomit have a look. 

Fri, 11/15/2013 - 13:57 | 4158310 shovelhead
shovelhead's picture

Holy Shit !

My taste in women has always been ecumenical, mostly because I like women in general and always have. Even the dorky girls had a certain something you could find to love.

But Those...Oy veh ! Such smendriks.

Fri, 11/15/2013 - 11:16 | 4157664 atm0sphere
atm0sphere's picture

can you link to that story?

Fri, 11/15/2013 - 11:26 | 4157709 pods
pods's picture

Here it is:

http://johngaltfla.com/wordpress/2009/11/18/the-day-the-dollar-died/ 

Just noticed a sequel up.  Just in time for the weekend!

pods

Fri, 11/15/2013 - 10:07 | 4157437 Proofreder
Proofreder's picture

Sorry I clicked on the video ref.

One of the worse and most vapid 30 seconds of wasted time ever.

We're doomed if this is the extent of local production.

Fri, 11/15/2013 - 10:10 | 4157443 fonzannoon
fonzannoon's picture

It's horrifying.

Let me add though that I am happy to find out after living in my house for 6 years that many of my neighbors have been in their own ZH prep mode. I started poking around and it was amazing what I have started to see. So there is some good.

Fri, 11/15/2013 - 10:51 | 4157572 WillyGroper
WillyGroper's picture

The FDA is trying to outlaw organic farmers & coop's as we speak and they'll probably succeed. 

Next up G@@G throat tatoo.

Fri, 11/15/2013 - 11:07 | 4157632 villainvomit
villainvomit's picture

pretty funny vid....only thing funnier to me was the next vid that came up automatically which was RHONJ Joe vs Joe extended fight.....Hahahaha that's fighting hahahaha the second worst fight ever !!!!!!!!

Hilarious

Fri, 11/15/2013 - 12:55 | 4158073 Meat Hammer
Meat Hammer's picture

Nobody makes me horse-laugh more on ZH than Mr. Fonzannoon.  

Fri, 11/15/2013 - 13:49 | 4158260 Rogue Trooper
Rogue Trooper's picture

Jesus Fonz.... such worthless trash.  The paticipants, makers and those that actual watch this.

Thankfully it was only a miniute.

ZH's, I found watching this somewhat theraputic.  It is over an hour but is valuable productive time before heading to the range...

https://www.youtube.com/watch?v=Er_uSKGwsaU

Youtube does have its uses Btichez.

Fri, 11/15/2013 - 13:15 | 4158149 Freddie
Freddie's picture

They started losing their minds in a few minutes when the EBTs shut down.

Fri, 11/15/2013 - 09:29 | 4157287 Zero Point
Zero Point's picture

I bet the black market is booming.

This bitcoin shit may have a use after all.

Fri, 11/15/2013 - 09:34 | 4157307 Sudden Debt
Sudden Debt's picture

unless they cut of the internet...

Fri, 11/15/2013 - 09:39 | 4157329 Zero Point
Zero Point's picture

That'd be tantamount to acknowledging they have a revolution on their hands, but I certainly take your point.

Fri, 11/15/2013 - 09:41 | 4157342 Sudden Debt
Sudden Debt's picture

Whatever you have outside the banks works for those guys.

Even if you have chickens, you'll probably be able to make a killing.

 

Fri, 11/15/2013 - 09:48 | 4157375 Zero Point
Zero Point's picture

Truth. I'd be distilling illegal hooch like a bandit.

Fri, 11/15/2013 - 15:27 | 4158708 stormsailor
stormsailor's picture

if they can "selectively" cut off the internet?  there is no fortune 500 company in this country, nor anywhere else for that matter that can do business without the internet. that would completely shut down the whole country.

 

just sayin

Fri, 11/15/2013 - 09:31 | 4157288 Dr. Engali
Dr. Engali's picture

Defending the fucking poor my ass. Wait until the poor have no electricity and nothing to eat. They will be dragging your ass through the streets you stupid fuck.  A 7.62 round would be a step in the right direction with this guy.

Fri, 11/15/2013 - 09:31 | 4157298 RSloane
RSloane's picture

The important thing is after the last action, the military all have sparkling clean underwear.

Fri, 11/15/2013 - 09:41 | 4157338 Dr. Engali
Dr. Engali's picture

actions like these are only possible because the masses are freaking stupid. If they had any brains at all they would know that price hikes are the fault of the printing presses and not the retailers. They will destroy what little economic activity they have left.

Fri, 11/15/2013 - 09:56 | 4157401 GetZeeGold
GetZeeGold's picture

 

 

There's a formula for it. Just think, in a few short years this could be us.

Fri, 11/15/2013 - 10:00 | 4157413 Dr. Engali
Dr. Engali's picture

 "in a few short years this  will be us."

 

There fixed that for you

Fri, 11/15/2013 - 11:01 | 4157602 Flakmeister
Flakmeister's picture

Unlikely... but please do continue..

Fri, 11/15/2013 - 12:00 | 4157830 Overfed
Overfed's picture

What's that about famous last words?

Fri, 11/15/2013 - 12:16 | 4157898 Flakmeister
Flakmeister's picture

I said unlikely....

Hey, I may turn out wrong as strange shit does happen...

If you said something about riots and looting over gasoline, I would definately raise the odds of it occuring...

Fri, 11/15/2013 - 11:33 | 4157738 KnightTakesKing
KnightTakesKing's picture

That's why it's important for the socialists to control the education system. It ensures they remain dumb as a box of rocks.

Fri, 11/15/2013 - 12:10 | 4157879 dontgoforit
dontgoforit's picture

And left-leaning on every issue.

Fri, 11/15/2013 - 12:17 | 4157904 Flakmeister
Flakmeister's picture

Yes, because facts have a well documented liberal bias...

Fri, 11/15/2013 - 09:29 | 4157290 observer007
observer007's picture

 

  Bitcoin Is Going Nuts In Asian Trade

Bitcoin New Record High:

http://btcpost.net/index.php

Fri, 11/15/2013 - 09:34 | 4157310 GetZeeGold
GetZeeGold's picture

 

 

Yeah, the world's turning crazy......we get it!

Fri, 11/15/2013 - 10:00 | 4157417 superflex
superflex's picture

So is the S&P 500

BTC is in great bubbly company.

Fri, 11/15/2013 - 09:30 | 4157293 Seize Mars
Seize Mars's picture

I love how they print the hell out of paper money and then blame retailers for hiking prices. Absolute evil. Stunning, and yet these brutes always work the same angles, over and over.

Fri, 11/15/2013 - 09:36 | 4157317 krispkritter
krispkritter's picture

Ctrl-P is the same in any language/country basically, and so is the result.

Fri, 11/15/2013 - 09:45 | 4157364 Cugel
Cugel's picture

People in the US vote themselves free money and subsidized credit but never blame their own greed and stupidity for the misery these policies cause them in the end. Get rid of those evil banksters, so all the people can have wealth to devalue!

Fri, 11/15/2013 - 09:58 | 4157405 akarc
akarc's picture

Your assuming US citizens know that banksters are evil or care.

Fri, 11/15/2013 - 11:11 | 4157643 WOAR
WOAR's picture

I'm going to upvote every comment you make just because of your picture.

Fri, 11/15/2013 - 09:32 | 4157300 Bearwagon
Bearwagon's picture

"It's time to deepen the offensive, to go to the bone in this economic war." In this case: Nuke Wall Street and the city.

Fri, 11/15/2013 - 09:58 | 4157406 CH1
CH1's picture

Nuke Wall Street and the city.

Or... Just Stop Obeying Them.

Fri, 11/15/2013 - 09:33 | 4157302 Sudden Debt
Sudden Debt's picture

They didn't enroll in Obamascare and had a job... MONSTERS!!!!

Fri, 11/15/2013 - 09:33 | 4157303 Apeman
Apeman's picture

Extremist capitalist much, ZH?

Fri, 11/15/2013 - 09:38 | 4157323 GetZeeGold
GetZeeGold's picture

 

 

If you find one.....let us know.

Fri, 11/15/2013 - 09:42 | 4157349 Bearwagon
Bearwagon's picture

Have you just forgotten MillionDollarBonus?  ;-)

Fri, 11/15/2013 - 09:38 | 4157326 SimMaker
SimMaker's picture

How many examples of fucking Socialism going wrong do you need before you reaslie IT DOES NOT WORK!!!!!....

You are not poor becasue of capitalism, you are poor because you are a fucking idiot.

Fri, 11/15/2013 - 09:42 | 4157350 Dr. Engali
Dr. Engali's picture

You are trying to reason with a turd, and that's an insult to turds.

Fri, 11/15/2013 - 09:54 | 4157397 Mongoose
Mongoose's picture

Perhaps he identifies closely with his handle?

 

Back to killin' snakes

Fri, 11/15/2013 - 09:47 | 4157368 Bearwagon
Bearwagon's picture

Regrettably there are some very evil people with great wealth and influence, who shirley are not that rich because they are such superior geniuses, but because of capitalism ... need fucking examples?  ;-)

Fri, 11/15/2013 - 09:59 | 4157412 Race Car Driver
Race Car Driver's picture

Who is Gary Dahl?

Fri, 11/15/2013 - 13:01 | 4157802 Bearwagon
Bearwagon's picture

I know who he is, and what he has done was somewhat ingenious. I was thinking of Blankfein, Dimon and their ilk ...

edit: Sorry to hurt your feelings, little anonymous downvoter. Here, take a Pet Rock for consolation: http://en.wikipedia.org/wiki/Pet_Rock

Fri, 11/15/2013 - 10:11 | 4157444 FrankDrakman
FrankDrakman's picture

Close, but it's not generally because of 'capitalism', but more because of 'crony capitalism', which is itself a poor attempt to describe the fetid stinkhole we find ourselves in.

In a truly capitalist, free market society, you make a product, and offer it at a price in a free market. If enough people judge your product is worth its price in terms of what value it delivers to them, they will buy it and you will be successful. If your product is not good, priced too high, poorly designed, etc. people don't buy and you go broke.

Those last two words are the MOST IMPORTANT and NECESSARY words when describing capitalism. Companies that fail MUST go broke. America's problem (and to be fair, the West in general) is once companies reach a certain size, the government will step in and support a company that should go broke. (GM, steel companies, etc.) And when that mindset shifts from the producers of mere things to the producers of money, the lifeblood of any advanced society, we get TARP, and QE, and fiscal septicemia.

When a company is facing bankruptcy, it is facing reality - it has failed in the tasks noted above. Forestalling bankruptcy is bad enough when it's a Chrysler or a GM; this is like hobbling your children with expensive and ill-fitting boots. Forestalling bankruptcy is tantamount to murder when it's a GS or JPM, for that is like feeding a bloated parasite that sucks away your energy and lifeforce.

Oh, and fuck you, Bernanke and Bambam..

Fri, 11/15/2013 - 10:23 | 4157500 Bearwagon
Bearwagon's picture

Yes, I have to admit that you are right. It really is due to crony capitalism. But my point is that a lot of people aren't poor because they are dumb, but because they've been robbed by oh-so ingenious rich assholes, who oddly enough have great reputation for being nothing more than unscrupuluos confirmed criminals. When people like SimMaker cannot contain themselves from verbally harassing the poor, this flipside should not remain unspoken.

Fri, 11/15/2013 - 10:11 | 4157447 Proofreder
Proofreder's picture

Who TF is Shirley ???

Fri, 11/15/2013 - 10:46 | 4157557 Bearwagon
Fri, 11/15/2013 - 12:04 | 4157838 LongBallsShortBrains
LongBallsShortBrains's picture

Not a single one got there, except by the two methods to gain wealth:

1. To offer goods and service to the free market through voluntary trade at the benefit of both willing parties. Ie capitalism.

2. To gain wealth through forced actions due to government enforced monopolies, government regulation, or government contracts. Ie fascism.

Don't believe that only a genius can arrive at great wealth. Method 2 shows how corruption is valued more than genius. It is those companies who like the existence of larger government, and the individuals in the government accepting bribes and creating work for themselves that perpetuates this madness. They are the destroyers of freedom, and wealth.
Also, don't blame the men who have succeeded by first method for the wealth of beneficiaries of the second. The men of the second method are who are ruling you today. We need to bring back capitalism by getting the governments out of our lives, where they do not have the authority to be. We need only voluntary trade. The government assuming the authority to expropriate your wealth for the benefit of the companies, and/or countries with whom they trade by enacting more taxes and regulation is the root of fascism. Kill this beast at the root. Smaller government with leaders weilding minimum authority. Not rulers who kill us and treat our property as their personal piggy bank.

Fri, 11/15/2013 - 09:33 | 4157306 toady
toady's picture

Race to the bottom. If you're there get out now.

Fri, 11/15/2013 - 09:34 | 4157308 PT
PT's picture

Okay, so keep your prices down, go broke ... then what?  Borrow more money from the bank?  Complain that the "capitalist pig bank" won't lend you any more money?  Get permission from the Prez to run at a loss?  Petition the Prez to make up the shortfall?  "For the good of the common people, who need to be able to buy things..."

Can we expand this line of thinking for a minute?  Help me out here.  Please. 

Fri, 11/15/2013 - 09:47 | 4157367 Beam Me Up Scotty
Beam Me Up Scotty's picture

Well, these stupid .gov fucks think they can borrow infinite amounts of money.  Why can't you and your business?  If I could borrow a trillion dollars right now and pay it back sometime never, I'd be able to offer some "low" prices too. 

Fri, 11/15/2013 - 10:13 | 4157461 Proofreder
Proofreder's picture

No, you would not!

If everyone is given a bunch of money and tries buying merchandise to resell at a profit, prices will inflate in lockstep with the money supply.

Fri, 11/15/2013 - 09:48 | 4157377 toady
toady's picture

I hate to be all either-or, but either .gov closes all the stores, confiscates all the goods, kills / imprisons all the businessmen, sells all the goods at 'fair prices' then can't get any more because no one will ship them at a loss, then turns into Cuba with the 50's cars, only they'll have iPhones 30 years from now that are painstakingly maintained, or they overthrow the government.

Fri, 11/15/2013 - 11:26 | 4157710 Neo
Neo's picture

Can we expand this line of thinking for a minute?  Help me out here.  Please.

No. They can barely think a few hours ahead, never mind days, weeks, or months. Thats all the really have left in that country, maybe a few months, before it goes into full meltdown mode. The oil reserves will eventually save them, but only after the purge.

 

Fri, 11/15/2013 - 09:36 | 4157314 Winston Churchill
Winston Churchill's picture

If I had a son ,he would look like him. sic

Fri, 11/15/2013 - 09:36 | 4157316 goldenbuddha454
goldenbuddha454's picture

Obama could only dream of what Maduro has accomplished, er scratch that, Maduro could only dream of what Obama has accomplished :)

Fri, 11/15/2013 - 09:38 | 4157325 Bearwagon
Bearwagon's picture

err ... taper that ...

Fri, 11/15/2013 - 09:41 | 4157343 PT
PT's picture

Does this mean that their rents and real estate prices also stop increasing?

Fri, 11/15/2013 - 09:41 | 4157344 BlankfeinDiamond
BlankfeinDiamond's picture

I love how some of the commenters on this site repeatedly call for WS bankers to get the noose or the guillotine, yet when someone comes close to doing this he's a fucking parasite or puppet or some other thing. At least it's a start.

Fri, 11/15/2013 - 09:47 | 4157369 Blame Crash
Blame Crash's picture

Clue: There is a difference between Crooked Bankers and Electronics Retailers. A really really big one.

Fri, 11/15/2013 - 09:49 | 4157379 Beam Me Up Scotty
Beam Me Up Scotty's picture

Evil Electronics Retailers.  How DARE they make a profit??!!??  They should just stay open and take a LOSS damn it!!  To keep my prices LOW!! 

Fri, 11/15/2013 - 10:16 | 4157472 akarc
akarc's picture

Which catagory does Apple fall in?

Fri, 11/15/2013 - 11:17 | 4157671 Tall Tom
Tall Tom's picture

Neither catagory. Apple is a MANUFACTURER, a PRODUCER. They may have Retail Outlets. They are wholesalers. They may even finance...But their primary business is manufacturing electronics.

Fri, 11/15/2013 - 11:52 | 4157797 akarc
akarc's picture

Their primary business is profiteering off of slave labor behind the protection of hypocritical American government supported by a hypocritical citizenry who claim Amerika as the land of freedom following a precedent set by Walmart when it abandoned its buy America policies upon the realization that Americans value cheap more than humans. All of us are guilty!

Which of course is why things continue to get worse and not better. 

Fri, 11/15/2013 - 12:33 | 4157963 Harbanger
Harbanger's picture

Scrw APPL, Buy Samsung products to clear your conscience.  I'm long on their stock.

Fri, 11/15/2013 - 15:09 | 4158645 damicol
damicol's picture

Bollox, apple is a fucking toy designer, they make fuck all .. they are toys true, grown up toys but nothing more, made in China and shipped to US just like cabbage patch dolls and will meet the same fate

Fri, 11/15/2013 - 09:43 | 4157353 timbo_em
timbo_em's picture

Coming to a broke western economy near you sooner than one might think!

Forward! Or as we now call it: Progress!

Fri, 11/15/2013 - 09:45 | 4157361 Seasmoke
Seasmoke's picture

PRINT. PRINT. PRINT. JAIL. JAIL. JAIL.

Fri, 11/15/2013 - 09:47 | 4157372 akarc
akarc's picture

News flash.

Corrections Corporation of America and Geo group rushing to open offices in Venezuela. To lobby against death penalty promising better results with labor re-education centers. Expects it can meet government mandates on profit by over crowding and not feeding prisoners. Florida Governor Rick Scott to head up new Venezuelan Department of Corrections. Venezulan citizens let out a collective "Duh!"

Venezulan small businesses spied on over claims they can not afford to work. Websites for rebels not working.

Fri, 11/15/2013 - 09:47 | 4157373 SheepDog-One
SheepDog-One's picture

Gee I wonder from what tribe the parasites he's describing came from.

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