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Meltdown America: The Movie

Tyler Durden's picture




 

Listening to the Canary, submitted by Casey Research

By Terry Coxon, Senior Economist

During World War II, the British Royal Air Force (RAF) undertook a plan of misdirection to allow a squadron of bombers to approach an exceptionally valuable target in Europe undetected. The target was so heavily guarded that destroying it would require more than the usual degree of surprise.

Although the RAF was equipped to jam the electronic detection of aircraft along the route to the target (a primitive forebear of radar was then in use), they feared that the jamming itself would alert the defending forces. Their solution was to “train” the defending German personnel to believe something that wasn't true. The RAF had a great advantage in undertaking the training: The intended trainees were operating equipment that was novel and far from reliable; and those operators were trying to interpret signals without the help of direct observation, such as actually seeing what they were charged with detecting.

At sunrise on the first day, the RAF broadcast a jamming signal for just a fraction of minute. On the second day, it broadcast a jamming signal for a bit longer than a minute, also around sunrise. On each successive day, it sent the signal for a somewhat longer and longer time, but always starting just before sunrise.

The training continued for nearly three months, and the German radar personnel interpreted the signals their equipment gave them in just the way the British intended. They concluded that their equipment operates poorly in the atmospheric conditions present at sunrise and that the problem grows as the season progresses. That mistaken inference allowed an RAF squadron to fly unnoticed far enough into Europe to destroy the target.

People will get used to almost anything if it goes on for long enough. And the getting-used-to-it process doesn't take long at all if it's something that people don't understand well and that they can't experience directly. They hear about Quantitative Easing and money printing and government deficits, but they never see those things happening in plain view, unlike a car wreck or burnt toast, and they never feel it happening to themselves.

QE has become just a story, and it's been going on for so long that it has no scare value left. That's why so few investors notice that the present situation of the US economy and world investment markets is beyond unusual. The situation is weird, and dangerously so. But we've all gotten used to it.

Here are the four main points of weirdness:

1. The Federal Reserve is still fleeing the ghost of the dot-com bubble. It was so worried that the collapse of the dot-com bubble (beginning in March 2000) would damage the economy that it stepped hard on the monetary accelerator. The growth rate of the M1 money supply jumped from near 0% to near 10%. This had the hoped-for result of making the recession that began the following year brief and mild.

2. A nice result, if that had been all. But there was more. Injecting a big dose of money to inoculate the economy against recession set off a bubble in the housing market. Starting in 2003, the Fed began gradually lowering the growth rate of the money supply to cool the rise in housing prices. That, too, produced the intended result; in 2006, housing prices began drifting lower.

But again, there was a further consequence—the financial collapse that began in 2008. This time, the Federal Reserve stomped on the monetary accelerator with both feet, and the growth of the money supply hit a year-over-year rate of 21%. It's still growing rapidly, at an annual rate of 9%.

3. The nonstop expansion of the money supply since 2008 has kept money market interest close to zero. Rates on longer-term debt aren't zero but are extraordinarily low. The ten-year Treasury bond currently yields just 2.7%; that's up from a low of 1.7%.

The flow of new money has been irrigating all financial markets. In the US, stocks and bonds tremble at each hint the Fed is going to turn the faucet down just a little. And it's not just US markets that are affected. When credit in the US is ultra-cheap, billions are borrowed here and invested elsewhere, all around the world, which pushes up investment prices almost everywhere.

4. US federal debt management is living on borrowed time. The deficit for 2013 was only $600 billion, down from trillion-dollar-plus levels of recent years. But this less-terrible-than-before figure was achieved only by the grace of extraordinarily low interest rates, which limit the cost of servicing existing government debt. Should interest rates rise, less-than-terrible will seem like happy times.

Almost no one imagines that the current situation can continue indefinitely. But is there a way for it to end nicely? For most investors, the expectation (or perhaps just the hope) that things can gracefully return to normal rests on confidence that the people in charge, especially the Federal Reserve governors, are really, really smart and know what they're doing. The best minds are on the job.

If the best minds were in charge of designing a bridge, I would expect the bridge to hold up well even in a storm. If the best minds were in charge of designing an airplane, I would expect it to fly reliably. But if the best minds were in charge of something no one really knows how to do, I would be ready for a failure, albeit a failure with superb academic credentials.

Despite all the mathematics that has been spray-painted on it, economics isn't a modern science. It's a primitive science still weighted with cherished beliefs and unproven dogma. It's in about the same stage of development today that medicine was in the 17th century, when the best minds of science were arguing whether the blood circulates through the body or just sits in the veins. Today economists argue whether newly created cash will circulate through the economy or just sit in the hands of the recipients.

Let's look at the puzzle the best minds now face.

If the Federal Reserve were simply to continue on with the money printing that began in 2008, the economy would continue its slow recovery, with unemployment drifting lower and lower. Then the accumulated increase in the money supply would start pushing up the rate of price inflation, and it would push hard. Only a sharp and prolonged slowdown in monetary growth would rein in price inflation. But that would be reflected in much higher interest rates, which would push the federal deficit back above the trillion-dollar mark and also push the economy back into recession.

So the Fed is trying something else. They’ve begun the so-called taper, which is a slowing of the growth of the money supply. Their hope is that if they go about it with sufficient precision and delicacy, they can head off catastrophic price inflation without undoing the recovery. What is their chance of success?

My unhappy answer is "very low." The reason is that they aren't dealing with a linear system. It's not like trying to squeeze just the right amount of lemon juice into your iced tea. With that task, even if you don't get a perfect result, being a drop or two off the ideal won't produce a bad result. Tinkering with the money supply, on the other hand, is more like disarming a bomb—and going about it according to the current theory as to whether it's the blue wire or the red wire that needs to be cut means a small failure isn’t possible.

Adjusting the growth of the money supply sets off multiple reactions, some of which can come back to bite. Suppose, for example, that the taper proceeds with such a light touch that the US economy doesn't tank. But that won't be the end of the story. Stock and bond markets in most countries have been living on the Fed's money printing. The touch that's light enough for the US markets might pull the props out from under foreign markets—which would have consequences for foreign economies that would feed back into the US through investment losses by US investors, loan defaults against US lenders, and damage to US export markets. With that feedback, even the light touch could turn out not to have been light enough.

To see what the consequences of economic mismanagement can be, and how stealthily disaster can creep up on you, watch the 30-minute documentary, Meltdown America. Witness the harrowing tales of three ordinary people who lived through a crisis, and how their experiences warn of the turmoil that could soon reach the US. Click here to watch it now.

 

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Fri, 04/11/2014 - 22:18 | 4649954 Groundhog Day
Groundhog Day's picture

Coming in 2014? 2015? 2016?

I just don't believe it anymore 

i've been institutionalized....Shawshank Redemtion

Fri, 04/11/2014 - 22:23 | 4649968 wisefool
wisefool's picture

If you like fiction check out Cowboy Beebop. The salient quote is "You are going to carry that weight spike"

Fri, 04/11/2014 - 22:26 | 4649973 espirit
espirit's picture

Meh, Matrix Metrics.

On a long enough timeline...

Sat, 04/12/2014 - 01:23 | 4650306 The Gooch
The Gooch's picture

"His judgement cometh and that right soon"

 

Sat, 04/12/2014 - 02:43 | 4650384 Manthong
Manthong's picture

Oh, this is cool..

Those of us who are knowledgeable in particle physics understand that strangeness at the hadron level and below involves weird interactions throughout the fundamental forces..you know.. baryons, leptons, dimons, goldman saxons, quarks etc.. 

Sat, 04/12/2014 - 06:53 | 4650571 SafelyGraze
SafelyGraze's picture

item 1. in the list makes a good point

Sat, 04/12/2014 - 08:38 | 4650663 wallstreetapost...
wallstreetaposteriori's picture

Who needs a movie about this shit.... I am living it in real time.

Sat, 04/12/2014 - 10:30 | 4650815 The Navigator
The Navigator's picture

item 1. in the list makes a good point

So does item 1, item 1, and item 1.

;->

Sat, 04/12/2014 - 11:21 | 4650918 Pool Shark
Pool Shark's picture

 

 

Maybe, but item 1. seems unsupportable to me...

 

Sat, 04/12/2014 - 20:35 | 4652628 MontgomeryScott
MontgomeryScott's picture

Pavlov did some interesting experiments in this regard. Of course, the PTB took off with it, and you are seeing the results of their implementation being metasticized before your eyes.

The term used clinically is 'desensitization'. One of the classic examples might be the one of Boiling Frogs. if you throw a frog in to a pot of boiling water, it will immediately leap out. If you put a frog in to a pot of cold water, and very slowly turn up the heat, it becomes desensitized to the rise in temperature, and will literally sit in the pot until it boils to death.

Sibel Edmunds has a blogspot named 'Boiling Frogs'.

 

Item 1 seems to be rational (as well as 1 and one and 1, and one as well).

If Casey Research ever posts a followup article, I hope that they consider recruiting Number Two. If they can wrest Number Two from Dr. Evil, the whole paradigm might shift.

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

Sat, 04/12/2014 - 11:28 | 4650939 medium giraffe
medium giraffe's picture

Lol Manthong.  The quarks being up, down, strange, POMO, BTFD and BTFATH :)

Sat, 04/12/2014 - 02:54 | 4650412 Carpenter1
Carpenter1's picture

Yeah, real soon. 2000 years later not a flicker,  not a sign.

 

"Soon" and "quickly" have no inherent meaning, how convenient.

Sat, 04/12/2014 - 08:44 | 4650668 Bendromeda Strain
Bendromeda Strain's picture

not a flicker,  not a sign

sez you... read The Harbinger, or don't. Your comprehension is likely compromised anyway. Next year, 2015, is 7 years after the financial convulsion which was 7 years after the towers came down. Keep munchin your popcorn, pal. May you live in interesting times...

Sat, 04/12/2014 - 09:06 | 4650689 gonetogalt
gonetogalt's picture

I can't upvote you due to the italics, but you're right, the harbinger well defines the situation.

Sat, 04/12/2014 - 09:13 | 4650695 mvsjcl
mvsjcl's picture

We're reduced to numerology now? Well, just as effective as any other method, I suppose.

Sat, 04/12/2014 - 21:10 | 4652741 MontgomeryScott
MontgomeryScott's picture

BUT... BUT... BUT...

I loaded George Herbert Walker Bush's name in to the number thing, and it spelled SATAN!

I loaded Barack Hussen Obama's name in to the number thing, and it ALSO spells SATAN!

RICHARD MILLHOUSE NIXON... SATAN!

LITTLE RICHARD... what, again? YES... SATAN!

Henry Kissinger? Well, that one's a little tricky. It resulted in 'THE GREAT SATAN'.

ALBERT GORE? An extremely strange result here. I never realized that the numerological code contained the word 'DICKWEED'.

My computer is still working the name 'TYLER DURDEN'. Damned thing is getting a little warmer than normal, and the internet speed seems to have slowed somewhat.

SO, SIX years ago, the 'crash of 2008' happened, and six years before THAT, the CONUS was talking shit about 'mobile scud missile launchers' and 'Yellowcake Uranium from Nigeria', and six years before THAT, the 'Moral majority' had just taken over Congress in the CONUS.

THAT shit spells 'SIX, SIX, SIX'. The 'number of the Beast', isn't it?

Fucking Iron Maiden! FUCK, YEAH!

WHAT'S the name of the 'rebel supporters' or 'government supporters' in the Ukraine, again? 'MAIDAN' or some shit? They ALWAYS telegraph their punches to the deluded, sick, and twisted masses. Wake the fuck UP. In the financials, there used to be an entity called 'Maiden Lane', or some crap. Do you think that the names chosen might have some importance?

Here is some REAL SHIT:

http://www.youtube.com/watch?v=7-iRf9AWoyE

In numerological circles, the number '7-7-7' is a perfect number, given to the Creator.

The number '6-6-6' is the number of man; fallen from grace, and self-destrucive to the point of death. It is ALSO the number of the Prince of the Power of the Air. The current Earth cannot sustain a '7-7-7'; as it is corrupted and wholly unfit and would destruct upon contact (like matter and antimatter annialate ech other).

It is much more feasable for the numbers here on Earth to work in sixes (until it implodes).

Oh, hell, it's ALWAYS about the numbers and the names. IF, for example, I tell you that toilet paper is money, and name myself THE BANK, and tell you that I have a trillion TP dollars for you to use (at interest, of course), wiill you use it to trade with? YES... YOU DO, RIGHT NOW, AND HAVE BEEN FOR AS LONG AS YOU HAVE BEEN EXISTENT ON THIS EARTH...and will continue to pursue, sell your soul for, worry over, and try to take with you when you DIE.

WHAT the fuck do you think MATHEMATICS is?

On a long enough timeline, the Second Law Of Thermodynamics takes effect, and every thing goes from the complex to the simple state, decaying until there is no life left in the 3-dimensional universe that you seem to think is 'all there is'.

 

Fri, 04/11/2014 - 22:41 | 4650017 AchtungAffen
AchtungAffen's picture

See ya, space cowboy

Sat, 04/12/2014 - 00:01 | 4650191 tarsubil
tarsubil's picture

Bang...

Sat, 04/12/2014 - 00:28 | 4650234 Son of Loki
Son of Loki's picture

"If you like your Meltdown, you can keep your Meltdown."

Sat, 04/12/2014 - 03:18 | 4650422 StychoKiller
StychoKiller's picture

"...Mother used to say: 'If you want, you'll find a way.',

but mother never danced through a fiery shower..."  "In the Rain", from "Cowboy Bebop"

Sat, 04/12/2014 - 15:26 | 4651608 Buck Johnson
Buck Johnson's picture

Loved Cowboy Bebop, to bad spike got killed on the finale of the series.  I'll watch this documentary.

Sat, 04/12/2014 - 10:07 | 4650767 ZH Snob
ZH Snob's picture

there's no if about it.  this financial system will tank hard, whether the Fed stopped all QE tomorrow or not, the damage has already been done.  the looming threat is not the excess domestic dollars, it is the 15 trillion foreign held dollars.  people have no idea whatsoever the mechanism that has enabled the good life Americans have enjoyed for so long.  it is the ablility to export our debt while also exporting our inflation.  we can only do this because of the reserve currency status of the dollar, but when that changes--forever--look out.  there will be no end to the hyper-inflation.  it will be tragically comical.

Sat, 04/12/2014 - 20:43 | 4652659 mumbo_jumbo
mumbo_jumbo's picture

"ablility to export our debt while also exporting our inflation"

 

and exporting our well paying jobs

Sat, 04/12/2014 - 12:33 | 4651183 Cattender
Cattender's picture

i don't know WHAT to believe anymore.. i just keep buying Gold and Silver.

Sat, 04/12/2014 - 13:46 | 4651388 jefferson32
jefferson32's picture

This movie is pro-gov "good management" vs "corrupt management" bullshit.

Fri, 04/11/2014 - 22:22 | 4649963 1ifbyland
1ifbyland's picture

I choose not to watch...was someone hawking a book at he end?

Sat, 04/12/2014 - 00:05 | 4650200 A Dollar Short
A Dollar Short's picture

Naw, just the free video.  It mighta been a real documentary for once.  

Sat, 04/12/2014 - 05:28 | 4650515 trader1
trader1's picture

i applaud the effort they make, but what a shitty overused title.  

does this casey crew propose any solutions that will actually benefit the united states of america, or are they just in the game to enrich their own bank accounts?

Sat, 04/12/2014 - 07:08 | 4650576 Keyser
Keyser's picture

You didn't follow the link at the end of the video because yes, there was a sales pitch on how to avoid the boogieman. Must be partners with Simon Black... 

 

Fri, 04/11/2014 - 22:23 | 4649964 Xibalba
Xibalba's picture

Good thing gold doesn't reflect M1

Fri, 04/11/2014 - 22:23 | 4649966 Cornholiovanderbilt
Cornholiovanderbilt's picture

I used to dig ZH and its community. Now it seems like nothing more than an anti American rag. The banksters own all the countries not just the us. The American people are tops. Suck a dick ruskie Intel!

Fri, 04/11/2014 - 22:29 | 4649983 Yen Cross
Yen Cross's picture

  corn/hol/io/van/der/bilt    Only Six syllables?     

Sat, 04/12/2014 - 08:36 | 4650537 GetZeeGold
GetZeeGold's picture

 

 

Cornholiovanderbilt

Access denied

You are not authorized to access this page.

 

Adios amigo!

Fri, 04/11/2014 - 22:52 | 4649990 nmewn
nmewn's picture

You haven't heard?

A newly minted midget nationalist chess player ("formerly" a communist...lol) and the chi-coms are the newest embodiment of social engineering enlightenment and of course, neither own printing presses.

////////////

Awww, I have offended someone.

Apparently a nationalist or a communist has a problem with what I wrote?

Sat, 04/12/2014 - 02:11 | 4650372 TheReplacement
TheReplacement's picture

As someone who sees value in nationalism I object.  Blind nationalism=bad.  Justified nationalism=good.  It is what you make of it.  The ideals I was taught long ago in school had me believe my country was the best and only had the best interests of all in mind, when practical.  The ideals of our nation are not the lie.  We have failed as we have not held people accountable for their actions.  Yes, they have certainly lied to us about so very many things but we have looked the other a good number of times.

The ideals of my nation are not guilty.  I am guilty of not living up to them.

Sat, 04/12/2014 - 03:00 | 4650408 Tall Tom
Tall Tom's picture

Idealism versus realism. Is that what is at hand?

 

The ideals of the Nation may be valued but when nobody ACTS UPON THEM then the words just ring empty and hollow. THAT IS THE REALITY.

 

Now I prefer to deal in the Real World. Striving for the ideal is noble, yes, I will agree. But striving is an ACTION WORD. It is a verb.

 

You can remain living in the idealism of Fantasyland, a suburb of Disneyland, which is otherwise known as JAIL in the Real World. (Look it up. It is slang for jail and it is not by accident.) Of course the Jail you may choose is one created by your own volition, one made by your own choice.

 

Personally I will opt for reality over that of fantasy, FREEDOM and LIBERTY over that of IMPRISONMENT, no matter how dismal that reality may be. Because in all of the ugliness the inherent beauty of TRUTH rings solid, has real utility, real value. and is the most wonderful of all to behold.

 

Your level of participation is up to you. You still have some freedom left. Choose wisely.

Sat, 04/12/2014 - 11:56 | 4651053 shovelhead
shovelhead's picture

How glorious is truth when it tastes like a cooked stray dog in your home under a bridge?

Armchair philosophers invest a great deal in truth and it's beauty but, in reality, she's a hard cold bitch and very unforgiving.

Sat, 04/12/2014 - 08:46 | 4650620 nmewn
nmewn's picture

Plus one, its a good discussion to have.

"It is what you make of it.  The ideals I was taught long ago in school had me believe my country was the best and only had the best interests of all in mind, when practical."

Why only when practical?

A just nation-state (meaning, any) can't pick & choose under what circumstances it will allow the best interests of the individual citizen to flourish, seemingly on whims. For one thing, that implies the nation-state always knows what is best (as a sentient being) as opposed to the individual knowing what is best for themselves. For another, which department within it (of the thousands that comprise it) decides this course of action, as opposed to any other and under what or who's authority?

What you're really talking about is the destruction of the Rule of Law, where just because one has a position or title (given to him or her by another reprobate) they gain immunity for their wrongs against the individual or society or the world for that matter.

That died when the state decreed its facilitators had the option of being above the individual citizen and above the Rule of Law itself, as applied to everyone else, which is nationalism.

But only when practical, of course...lol.

/////////////

Which got me to thinking, can a communist be a nationalist as well?

The answer is yes.

Exhibit A: This "nationalist" propaganda article from the Washingtonian of the Jay Carney family. Real "All-American types"...he and his wife Claire Shipman at home...yes, that Claire Shipman.

Here is what they wanted you to see:

http://www.washingtonian.com/mom/features/balancing-act/

Here is what you actually saw without realizing it:

http://www.mediaite.com/online/three-pictures-in-washington-monthly-that-make-jay-carney-look-ridiculous/

Forward Soviet! ;-)

Sat, 04/12/2014 - 13:05 | 4651270 imapopulistnow
imapopulistnow's picture

You know difference between midget chess team and women track team?

Hint:  One group is cunning runts.....

 

Sat, 04/12/2014 - 14:52 | 4651549 TheReplacement
TheReplacement's picture

By "when practical" I mean when attacked we fight to win, period.  When not attacked we don't fight, period.  We don't do things like intervene in Rwanda or Iraq.  On the flip side we certainly should have not problem selling arms to serfs of the world so they can defend themselves against tyranny.  We should not arm tyrants who abuse their people and claim to be anti-whatever-ology suits the day.

It would behoove a free people to promote freedom for all and to actively seek to level the playing feild for the people and their rulers.  If this means giving guns to the lowest stratum so be it.  The more power is spread at the bottom the less of a threat those at the top are to us.  This is quite the opposite of our foreign policy for the last 60 years and look how much tyranny there is now.

Avoid war.  When we must fight we must fight to win - total war.  Let there be nothing in between.  I suspect we would fight many fewer wars this way.  Instead of liberating countries we should help provide the means for people to liberate themselves.  Freedom given is never appreciated.  Freedom earned is held dearly.

I guess it is hard to define in a black and white way.

Sat, 04/12/2014 - 16:18 | 4651769 nmewn
nmewn's picture

And mine was looking more at domestic, not so much foreign. But you can tell a lot about any nation by how it treats its own.

Does it try to keep them docile by lavishing "gifts" on them (or the reverse) keep them docile by terror.

But to your point about nation-states and their foreign interventions, they all do it. The US just seems (of late) to want to kill off any witnesses of it...like Chris Stevens.

Like I said, you can tell a lot about nations/governments by how they treat their own.

Fri, 04/11/2014 - 22:50 | 4650032 Ralph Spoilsport
Ralph Spoilsport's picture

http://www.zerohedge.com/users/cornholiovanderbilt

And....he's gone. That was a quick ban-hammer. Gonna be some more ban-hammer action tonight from the mood around here.

Fri, 04/11/2014 - 22:56 | 4650049 LetThemEatRand
LetThemEatRand's picture

Ban solid.  It's wide shape goes on super dry.  https://www.youtube.com/watch?v=EC8qIqE0DSA

The difference, is the dryness.

Fri, 04/11/2014 - 23:05 | 4650081 Ralph Spoilsport
Ralph Spoilsport's picture

I remember that stupid commercial unfortunately.

Fri, 04/11/2014 - 23:10 | 4650097 LetThemEatRand
LetThemEatRand's picture

Time flies when you're being fucked in the ass by the Man.  Or something like that. Life is short.  

Sat, 04/12/2014 - 02:42 | 4650399 zhandax
zhandax's picture

Shorter than we think.  I spend way too much time here every day, and that username doesn't even register.

Sat, 04/12/2014 - 01:54 | 4650352 Ayr Rand
Ayr Rand's picture

Let me point out that under Putin, Russia's wealth per capita is only 1/2 that of China. And far less than any developed nation. Putin is a disaster.

Let the banning begin. I'm a member of various other communities, and they will be delighted to know if ZH is a stooge for Russian dictatorship and incompetence. 

Sat, 04/12/2014 - 02:39 | 4650395 xiphius
xiphius's picture

I'm not sure what you mean by "wealth" per capita but according to the IMF, GDP/capita (PPP) 2013: Russia $ 17,844,  China $ 9,844

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita

Sat, 04/12/2014 - 03:19 | 4650423 xiphius
xiphius's picture

The UN's Human Development Index for 2013 shows that Russia is ranked 55th out of 185 countires while China is ranked 101st

http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index

Sat, 04/12/2014 - 07:35 | 4650590 Infinite QE
Infinite QE's picture

Thanks for pointing out the facts. The khazar new bolshevik Ayr Rand will not appreciate that! LOL!

Sat, 04/12/2014 - 10:12 | 4650781 TungstenBars
TungstenBars's picture

Go Back to your CNN/FOX community and keep drinking their cool-aid. 

USA USA USA!

Sat, 04/12/2014 - 14:54 | 4651552 TheReplacement
TheReplacement's picture

That's not true.  Putin is worth something like $60 Billion - richest man in all of Europe.  The Russian people, well they get what they are given and dare not complain too loudly. 

Over 130 journalists, critical of Russian authorities, have been murdered during Putin's tenure.

Putin is a dictator, murderer, and a thief.  He is KGB/FSB.  Anyone who expects anything else is an utter fool.

Sat, 04/12/2014 - 15:48 | 4651665 Bioscale
Bioscale's picture

What about this:

That's not true. POTUS is worth something like ... all the gold and silver of the world, biggest actor and puppet on this planet. The American people, well they get what they are given and dare not complain too loudly. And the poor foreigners, if they complain they get droned, gautanamoed, suicided, couped, bombed and killed by mercenaries.

Over million of people have been murdered during the last ten years by American soldiers under the lead of Bush and Obama. But those people don't count, they died in their own country in their own house, because their goverenment was supposed to have WMD or ... just plain bad luck.

Obama is a dictator, murderer and thief. He is CIA/NSA. Anyone who expects anything else is a fucking fool.

And don't begin with the FED oh no..

 

 

Sat, 04/12/2014 - 18:08 | 4652127 DaveyJones
DaveyJones's picture

is that why their KGB agent fled their country to ours to reveal internet citizenship tracking?

relative to the rest of the "first world," Putin's moral character is nothing unique. 

Fri, 04/11/2014 - 23:01 | 4650075 nightshiftsucks
nightshiftsucks's picture

So cornho you should have stopped when your mother told you,obviously you're fucking blind.

Fri, 04/11/2014 - 23:02 | 4650076 Sabibaby
Sabibaby's picture

. I used to dig ZH and its community. Now it seems like nothing more than an anti American rag. The banksters own all the countries not just the us. The American people are tops. Suck a dick ruskie Intel!

Did you even watch the video? If you did you'd be preparing for the inevitable. The video starts by going through various other countries that have had financial meltdowns.

Fri, 04/11/2014 - 23:28 | 4650137 kchrisc
kchrisc's picture

Sir,

Anti-American? No.

Anti-DC US? Yes

America is the country of the American people and the land they inhabit.

The United States, DC US, is the criminal nation that occupies the American country and is trying to fully subjugate the American people. They do not abide by the Constitution,they prosecute treason against us and steal everything that is ours.

The Four Rs
Rejection: Quit paying, quit obeying, quit playing
Revolution: It is inevitable, so prepare, as they are.
Retribution: Is there really any place for these sociopaths and criminals in a restored civil and Constitutional society?!
Restoration: Restore the Constitutional republic.

An American citizen not US subject.

Sat, 04/12/2014 - 01:11 | 4650289 Tall Tom
Tall Tom's picture

Spot on.

Sat, 04/12/2014 - 06:52 | 4650541 GetZeeGold
GetZeeGold's picture

 

 

Anti-DC US? Yes

 

Thank you from Flyover Nation.

 

Send lawyers, guns, and money....dad get me out of this!

http://www.youtube.com/watch?v=QPlMmwOq7U8

Sat, 04/12/2014 - 03:55 | 4650454 TPTB_r_TBTF
TPTB_r_TBTF's picture

For as long as the 14th Amendment remains in the Constitution, anyone born in the US is a subject.

 

Until the 14th Amendment is struck down, you are a subject.

 

It does not matter, that the 14th Amendment was never correctly ratified.  All that matters (for now) is, the Federal Judge in your district posseses a copy of the Constitution with the 14th Amendment in it.

 

Reject: abhor the 14th Amendment

Revolt: fight against it

Retribution:  remove its supporters

Restoration: restore the Constitution by removing the Amendment

Sat, 04/12/2014 - 00:01 | 4650190 A Dollar Short
A Dollar Short's picture

Corn what?

 

GET OUTA HERE YOU FRUITLOOP!

Sat, 04/12/2014 - 01:14 | 4650292 intric8
intric8's picture

Maybe its because you're blind to how our own entrusted politicians are selling us out. should one be called unamerican because they recognize america is being destroyed by americans in power? Wake up.

Sat, 04/12/2014 - 02:37 | 4650392 Gold Eyed Cat
Gold Eyed Cat's picture

Cornhole, if we didn't care about America we wouldn't be so damn critical.  And we don't fucking love Russia. 

Putin loves Russia with every fiber of his being.  His one and only thought is to restore it to it's former glory.  And he's perfectly willing to kill anyone who stands in his way.  How can one not admire that passion?

And we are forced to sit here and watch the boy king, mom jeans, idiot bastard and his circle jerk of jackals and psychopaths cutting the US to shreds.  Happily ripping us apart and selling us out to anyone willing to pay.  They hate America and want it crushed.

We are not anti-American.  We are just sickened by what our country has become.  And when someone says, "America's different!  America's better!"  It makes us want to scream or vomit.

Sat, 04/12/2014 - 02:55 | 4650409 zhandax
zhandax's picture

Refer to comment 4650137

Sat, 04/12/2014 - 07:34 | 4650589 Infinite QE
Infinite QE's picture

Post of the Year contender.

Sat, 04/12/2014 - 21:24 | 4652778 MontgomeryScott
MontgomeryScott's picture

Well, dickweed bankster scumbag zoinist schill, I wish you all the luck in the military bunker, as you try to please your corporatist masters who rule you with the old 'iron fist' and tell you what to post here.

REALLY! REALLY? You used to 'DIG' it here? FUCK! That term went out of style in the early 1970's! Why don't you warn us about the SLIPPERY SLOPE that your PET ROCK fell down?

I wonder which enclave of the Empirical CONUS this one lives in...

Do they drive Trabants, where you are, C.V., or do they simply give you Obamaphones with messaging and texting capabilities?

GOD! What a douche...

Fri, 04/11/2014 - 22:30 | 4649985 NoDebt
NoDebt's picture

Anything with those high-end production values is bullshit.  Doom porn.  The real threat is much more insidious.

Fri, 04/11/2014 - 23:52 | 4650175 A Dollar Short
A Dollar Short's picture

Indeed, I still enjoyed it!

Fri, 04/11/2014 - 22:33 | 4649994 DYS
DYS's picture

It's true.   The more that something happens, the more likely you are to be conditioned to it.   It's good to clear the shit out of your life once in a while.   

 

Fri, 04/11/2014 - 22:37 | 4650005 DIgnified
DIgnified's picture

They better stand up and pull a miracle out of their ass or this thing is done-zo.  BDI. Russia pulling the rope-a-dope. Middle East done with us. Gonna throw my money on next Tuesday if something mighty special doesn't happen.   Shit seems to happen on Tuesdays. 

Fri, 04/11/2014 - 22:40 | 4650016 AUD
AUD's picture

Worthless. Money can be defined as what attracts an infinite, or approaching infinite, bid. That's what makes it so valuable, everybody wants it. Supply is irrelevant when demand approaches the infinite.

Fri, 04/11/2014 - 22:52 | 4650019 yogibear
yogibear's picture

It's hard to believe the Fed's M1 It's probably a lot more. 

The Federal Reserve is so full of it. 

Just like their balance sheet. 

Mark to fantasy accounting.  Just like their banks.

A game of perception, smoke and mirrors. Guess others countries in the world are noticing the emperor has no clothes because their getting away from the dollar.

Other countries are quickly realizing the US Federal Reserve is one huge Ponzi game.

Oh, What happened to Germany's gold Federal Reserve banksters? Germany wanted it back and you couldn't give to them because you don't have it,

 

Fri, 04/11/2014 - 22:47 | 4650033 Caveman93
Caveman93's picture

Like any addict, the first step in thre recovery process is to actually admit you have a problem. So far the US did not admit it. As a matter of fact, they stated they recovered in 2009 so there, all better....see?

Sat, 04/12/2014 - 01:58 | 4650356 Ayr Rand
Ayr Rand's picture

If the US were Russia, it would simply default on all of its debt as Russia did. Proving itself completely incompetent and untrustworthy. And debt-free. Is that the path? 

Sat, 04/12/2014 - 03:25 | 4650429 StychoKiller
StychoKiller's picture

Who's gonna pay my share of $17Trillion (some say over $200 Trillion!), you?

Sat, 04/12/2014 - 13:17 | 4651304 Boxed Merlot
Boxed Merlot's picture

Proving itself completely incompetent and untrustworthy. And debt-free...

 

The terms incompetent and untrustworthy are used by who?  Certainly not Russia.  When the trip is planned to prevent reaching the destination, everything encountered is entrapment and the trip's end will come catistrophically. 

Jubilee should be included in the initial phase of planning and activity.  Without that, the virtues of competency, trust, hope and freedom are absolutely meaningless.

 

jmo.

Sat, 04/12/2014 - 21:43 | 4652843 MontgomeryScott
MontgomeryScott's picture

'AYR' Rand (not to be confused with 'Ayn Rand', by the way) simply proposes that the CONUSCRATS and CONPUSBLICANS should pass a law regarding 'Austerity Measures', in order to suck the marrow out of the dead bones. YOU KNOW, the 'public taking of lands', and the 'public control of all resources', and the 'public confiscation of personal property', and THAT sort of thing.

It's really EASY, don't you see.

ROLL OVER, AND DIE.

WHO is going to pay the 17 TRILLION in debt?

Gee...

I don't know!

I didn't spend it, and my so-called 'representatives' in the 10-square-mile area known as The District Of Columbia DID. I never authorized it, and I am not liable for it. Let THESE pay for the crap they bought. I have NONE of this shit (including shiny new MRAPS and F-22's) in MY yard or in MY garage.

FUCK the FEDERAL RESERVE, and FUCK the I.R.S., and FUCK the banks that try to attach a lein on what I OWN! FUCK D.C., and FUCK the so-called 'FEDERAL GOVERNMENT'!

FUCK YOU, poster 'AYRRAND'. MOLON LABE!

OOH, the RED MENACE is ALWAYS HIDING BEHIND THE DUALITY OF THE funding FOR the communist revolution, AND THE slaughter AND ownership OF THE people ARE ALWAYS DESIRABLE, AREN'T THEY?

 

 

 

Sat, 04/12/2014 - 08:05 | 4650624 RiverRoad
RiverRoad's picture

But hey, it's the American way.  Just throw money at it!

Fri, 04/11/2014 - 23:59 | 4650056 RaceToTheBottom
RaceToTheBottom's picture

Dumb article, everyone knows we can just print more money with no consequences....

Sat, 04/12/2014 - 03:28 | 4650433 TPTB_r_TBTF
TPTB_r_TBTF's picture

All they have to do, is to create a new currency and start over...

Peferably a Transatlantic Currency this time.

Sat, 04/12/2014 - 07:28 | 4650583 GetZeeGold
GetZeeGold's picture

 

 

 

just print more money with no consequences..

 

Food inflation is up 19% this year....and we're not even halfway through the year.

http://www.zerohedge.com/news/2014-03-26/real-inflation-fear-us-food-prices-are-19-2014?page=6

Sat, 04/12/2014 - 08:17 | 4650641 RiverRoad
RiverRoad's picture

But it's OK.  I hear we're just going to eat smaller food.

Sat, 04/12/2014 - 21:57 | 4652875 MontgomeryScott
MontgomeryScott's picture

This just in...

McDonald's announces the NEW 'Big Mac', repackaged to reflect the issues regarding obesity. At only 79 calories, this new, juicier, and tastier double burger reflects the growing need of the public to cut back on calories during their race to be skinny. Priced at only $5.49, the packaging is 100% recycled Prius tailings, and reflects a newer, smarter, and more fit century of stay-at-home daddies and bread-winning mommies.

If you add air-fries and a GMO-soda-product (packaged in nonbiodegradable plasticenes), the price is only $8.98! ACT NOW, and try the NEWEST offering from the world leader in ass-clowns!

Sat, 04/12/2014 - 14:51 | 4651543 RaceToTheBottom
RaceToTheBottom's picture

Thats why China is buying so much gold....

Hey I know we have printed three times as much as the US (the previous printing leader) but we should be included....  SDR, baby, Tied to all the Fiats; The Fiat to end all Fiats;   not tied to gold, but since we have gold in some bank, it is sorta the same thing, no????

Sat, 04/12/2014 - 07:16 | 4650578 Keyser
Keyser's picture

You obviously haven't a clue, nor did you watch the film. Yes, the US can continue to print money, but how long people will take it as currency is another matter. Capiche?

 

Sat, 04/12/2014 - 14:46 | 4651538 RaceToTheBottom
RaceToTheBottom's picture

Oh come on.  No one has to put a sarc marker on that?????

Jesus Friggin Christ, this world has no chance

Fri, 04/11/2014 - 22:57 | 4650063 naughtius maximus
naughtius maximus's picture

It was a good movie. I really liked the part with the UFOs and the sex scene.

Sat, 04/12/2014 - 01:15 | 4650295 Aussiekiwi
Aussiekiwi's picture

The Alien sex was the cruncher for me, 5 stars.

Fri, 04/11/2014 - 22:58 | 4650065 Cabreado
Cabreado's picture

"Click here to watch it now."

No click...

but what I do watch for is opportunists who contribute to the chaos, even those who don't have a clue where they fit into the equation.

Said another way... when you neglect genuine points of Control (and it is not the Fed), you are part of the problem, but you certainly add to the spectacle.

Fri, 04/11/2014 - 23:13 | 4650104 MeelionDollerBogus
MeelionDollerBogus's picture

I propose a mayhem-project for Project Mayhem. Travel to every Wal-Mart possible and put up signs announcing a new Cheesy Poofs tax to pay for Obamacare. 20% tax on everything resembling cheetos or pork rinds. Doesnt have to be real just to make it everywhere. Some notices can look legit in announcing it, others can look like protest pamphlets against it. Doesn't matter.

That'll start a big fat seed of chaos.

Sat, 04/12/2014 - 01:17 | 4650293 Tall Tom
Tall Tom's picture

And I was thinking about loading a Flat Screen TeeVee into a Shopping Cart, putting a Few Gallons of Ice Cream on the top of it, upside down, then leaving.

 

Project Mayhem bitchez!!!

Sat, 04/12/2014 - 03:26 | 4650427 TPTB_r_TBTF
TPTB_r_TBTF's picture

Just name the date.  Mayhem needs a date.

Sat, 04/12/2014 - 07:55 | 4650613 GetZeeGold
GetZeeGold's picture

 

 

How did you find out about Project Mayhem?

Sat, 04/12/2014 - 09:32 | 4650713 TPTB_r_TBTF
TPTB_r_TBTF's picture

Through a Rule #1 Violation, how else?

Sat, 04/12/2014 - 12:08 | 4651092 messymerry
messymerry's picture
project mayhem 1)A secret operation carried out by the Fight Club, led by Tyler Durden, to topple the corporate american system. Project Mayhem is an ongoing struggle against the power hungry rich bastards who don't give a fuck about the white coller working class american people.

2) A unique and better way of looking at life 1) blow up credit card buildings, reset the debt to zero

2a) In Tyler we trusted....
2b) On a long enough timeline, the survival rate for everyone drops to zero http://www.urbandictionary.com/define.php?term=project%20mayhem ;-D

Sun, 04/13/2014 - 20:41 | 4655356 MeelionDollerBogus
MeelionDollerBogus's picture

Can we get genuine-looking posters made & printed by say, June 1st, enough for distribution to every major Wal-Mart? Could this be a Banzai-assist or do you think you can do it without him? Once everyone's got their batch of fliers for their nearby wal-marts it's ready.

Sat, 04/12/2014 - 05:59 | 4650532 Flagit
Flagit's picture

signs announcing a new Cheesy Poofs tax to pay for Obamacare. 20% tax on everything resembling cheetos or pork rinds. Doesnt have to be real just to make it everywhere. Some notices can look legit in announcing it, others can look like protest pamphlets against it.

 

that could really catch on, like the traveling garden gnome, that took a world tour.

Fri, 04/11/2014 - 23:17 | 4650113 hamstercheese
hamstercheese's picture

Why even engage in the financial markets...put an addition on your house, remodel the rest, especially the kitchen and start drinking more.

Fri, 04/11/2014 - 23:22 | 4650123 ILLILLILLI
ILLILLILLI's picture

You always disconnect the battery.

Jeez...

Fri, 04/11/2014 - 23:25 | 4650126 ramacers
ramacers's picture

" and in the end , the love you take is = to the love you make."

Sat, 04/12/2014 - 01:19 | 4650301 Tall Tom
Tall Tom's picture

One of the most impactful statements by Lennon.

Thanks for the thought.

Fri, 04/11/2014 - 23:47 | 4650168 Seasmoke
Seasmoke's picture

Melt Up America.

Fixed it.

Sat, 04/12/2014 - 05:57 | 4650530 negative rates
negative rates's picture

How many of those do you see around today? In this place, everything goes to hell, unless YOU, prop it up.

Fri, 04/11/2014 - 23:54 | 4650177 Yen Cross
Yen Cross's picture

     Leave well enough alone?     That's what we're taught? Am I wrong?

Fri, 04/11/2014 - 23:54 | 4650178 Zero guest
Zero guest's picture

The nonstop expansion of the money supply since 2008 has kept money market interest close to zero.

It's hard to keep reading when none other than Doug Casey does not know the difference between ZRIP and QE.

Sat, 04/12/2014 - 00:16 | 4650215 the grateful un...
the grateful unemployed's picture

money is like electricity, if your power company charges too much, has intermittent blackouts, and has no plans to meet future demand, you lose faith in the power company, but you still need the money. perhaps all you need is new leadership? the money utility has been sending lots and lots of power to the 1% and rolling blackouts and brownouts to the 99%. at this point in the story its time for the government to step in, and our miserable failure of a president should step down. and when its the economy stupid, is anyone holding stupid accountable?

Sat, 04/12/2014 - 00:55 | 4650250 intric8
intric8's picture

Fantastic post, but the writer approaches the problem from the perspective that the fed is actually attempting to solve the banking crisis, when concurrently, the american people are being looted latin american estilio by powers that be, who have encouraged all along this useless right - left paradigm that was set up as a means to distract us in the first place. What can we really do? Fed res policies are deeply established and theyve been given the most powerful tool in the world- the key to the printing press. Massive wealth is being extracted from the middle class, with no economic primer in sight to turn it around and nothing but more outsourcing and global wage arbitrage to look forward to. The real people runnng the world - not these clowns in the congress or senate who are beholden those guys - are structuring all things for their primary benefit, not ours. Things are already being prepped for the worst case scenario. Just look at the neocon policies put in place lately with republicans going along. GOD HELP US.

Sat, 04/12/2014 - 01:06 | 4650280 walküre
walküre's picture

I get the point of the movie

Yugoslavia failed because of lazy Balkans

Argentina failed because of crazy Latinos

Zimbabwe failed because of thug Blacks

America will fail anywhere any of these groups are in majority and running either counties, cities or states.

How far off the mark am I?

Sat, 04/12/2014 - 03:19 | 4650424 TPTB_r_TBTF
TPTB_r_TBTF's picture

If the Meltdown is an "accident", then you are spot on.

 

However, if the Meltdown is being orchestrated, then the picture gets bigger.

 

Is there a Shadow GovT behind those groups?  Or are they failing all by themselves?

Sat, 04/12/2014 - 07:40 | 4650596 Arius
Arius's picture

this country is different .... the people here will not take it lying down!

Sat, 04/12/2014 - 08:21 | 4650648 22winmag
22winmag's picture

All time record gun and ammo sales aren't for hunting ducks. They're for shooting back at the oppressor.

 

I pity any force the opposes armed American patriots when the shit hits the fan- DHS, FEMA, the UN, a foreign military force- all laughable against millions of armed Americans when they lose it and fight back.

Sat, 04/12/2014 - 09:32 | 4650712 TPTB_r_TBTF
TPTB_r_TBTF's picture

Pockets of Resistance are just pockets.

 

Assuming you rebels can form a standing army,

a standing army of rebels with small arms can easily be easily blown to smitheeens with a single C130A.

 

Your hunting rifles are nothing compared to a C130A.

Sat, 04/12/2014 - 10:53 | 4650855 Manipuflation
Manipuflation's picture

Who says we only have hunting rifles?

Sat, 04/12/2014 - 11:38 | 4650971 TPTB_r_TBTF
TPTB_r_TBTF's picture

Whatever you have:  It ainT enough.

Whoever you are: You are too few.

Sat, 04/12/2014 - 11:53 | 4651035 22winmag
22winmag's picture

I'm sure that's what the Tories told the revolutionists... until they were rode off the continent on a rail.

Sat, 04/12/2014 - 15:58 | 4651690 TPTB_r_TBTF
TPTB_r_TBTF's picture

The Winner gets to keep the Continent.  May it be yours.

Sat, 04/12/2014 - 14:21 | 4651452 Manipuflation
Manipuflation's picture

TPTB:  We are not as few as you suppose.  We may perish in our endeavors but many of those who oppose us will perish with us.  We have asked politely for an address to our grievences several times already to no avail.  The transgressions are too many now to forgive. 

I would not be so sure of your statement that it "ain't enough".  You seem to have no understanding of how angry people actually are much less what we have been buying for the last 20 years.  You do not know what we have or where and when we acquired it.  If you can't win in Afghanistan then you can't win here either.  Consider that most Americans probably do not want to fire on each other either.  You could have a mass revolt of their forces and they might switch sides.  Who are they protecting?  The citizens or the State?  Once a few of them get killed they will rethink their position, deer rifles or not. 

When you are staring down the barrel of a gun things get a lot more clear as to what life is all about.  The state has shoved a gun barrel in our faces and they should not be surprised if we shove one back in theirs.  It is not terrorism, it is LIBERTY.

Do you know what I really like to do with the rest of my life?  I would like to farm.  I would like to do a nice vegetable farm because I know about plants.  Maybe a goat or two but not livestock.  I can't do that though because there are too many regulations and licenses.  Seriously, I just coughed up $65 for my commercial pesticide license application.  I have had the license before for many years but let it lapse.  I sold commercial pesticides for 8 years.  I have to take a test now again.  I know more about pesticides than the state does!  So alright, I call in to find out where I have to take the test and it goes straight to voicemail.  Twice.  Really?  The state is that fucking busy?  What are they doing?  What fucking world do these people live in because it is not the same one I live in? 

Finally, a young gal called me back a couple of days later.  She was clueless and had no idea and told me to call this other person and that went straight to voicemail.  What the fuck are these people doing?  How many phone calls do I have make?  Come on now already.  For fuck sakes I am not asking for much here and you already took my money for your fucking license that I have to have.  You are wasting my time.  We have other things to do other than fuck with your stupid paperwork and pay fees that you have no idea why you are even collecting.  Perhaps that is why we are so pissed off.           

 

Sat, 04/12/2014 - 15:56 | 4651688 TPTB_r_TBTF
TPTB_r_TBTF's picture

You have every reason to fight.  i wish you the best.

 

That fee and the run-around is to prevent you from competing with "their" crony.  If your business is successful, you will have even more problems with "them".  Sounds like you are trying to compete with MonSatan.

Sat, 04/12/2014 - 18:24 | 4652168 Manipuflation
Manipuflation's picture

Yeah, like the 20K we just sent off to the taxman.  What the fuck was that for?  I wish you the best as well Sir.  I do not want to fight, I just want to work and make an honest living.  That is NOT what THEY want us to do though.  THEY want to make us slaves.  I would rather die.     

Sat, 04/12/2014 - 11:51 | 4651032 22winmag
22winmag's picture

Rusty old bolt action and single shot rifles have been the primary weapons of successful insurgencies for hundreds of years.

 

Heavy weapons and smart weapons are neutralized, sabotaged, hijacked, and overrun by army ants.

Sat, 04/12/2014 - 11:55 | 4651045 22winmag
22winmag's picture

Vietnamese freedom fighters equipped with rusty AK47s and fed with rice and rat meat showed France and America how wars are won. Heavy weapons don't work against motivated insurgencies... period.

Sat, 04/12/2014 - 11:15 | 4650898 RaceToTheBottom
RaceToTheBottom's picture

"this country is different .... the people here will not take it lying down!"

One hundred years of data would seem to prove you wrong.

Sat, 04/12/2014 - 01:10 | 4650285 Yen Cross
Yen Cross's picture

 Nothingness/ Find your tribe

Sat, 04/12/2014 - 02:04 | 4650365 q99x2
q99x2's picture

Remove the financial parasite. Crucify the squid. Eliminate the Federal Government and provide the states with nuclear weaponry.

Long live the revolution.

Sat, 04/12/2014 - 02:26 | 4650380 Tall Tom
Tall Tom's picture

Good Documentary. The writing has been on the wall and it progressively gets clearer.

 

But I believe that there will be no safety anywhere. But Doug Casey is right that the problems caused by Government cannot be solved by more Government.

 

The future looks dismal. So I will enjoy some irradiated Pacific Blue Fin Tuna and not worry myself too much as we are all going to die anyway...regardless what the Government does or does not do. THERE ARE NO POLITICAL SOLUTIONS.

 

Even two equations of the form y = mx + b, with the "m" being equal,

and when bounded by a < b < c,

has an infinite number of unsolvable problems as the interval (a,c) has an infinite number of graduations. (The infinite number of parallel lines do not cross.)

 

There is only one solution where {(x,y)| x is an element of the Reals and y is an element of the Reals} when they are the same line.

 

That is just one of a plethora of examples of unsolvable problems.

 

Most problems, in both Math and Life, are UNSOLVABLE. There are NO SOLUTIONS to that which we have created.

Sat, 04/12/2014 - 03:12 | 4650418 TPTB_r_TBTF
TPTB_r_TBTF's picture

.

"There are NO SOLUTIONS to that which we have created."

I say that at work all the time.  But they still send me out to look for solutions to their shitty business processes...

 

Is Optimism believing in a possible solution where none can be found?

Is Optimism the search for a non-existant solution?

Is Pessimism admitting that there is no solution?

 

What lies in between?  Is there a sweet spot between the two?

Sat, 04/12/2014 - 03:31 | 4650436 StychoKiller
StychoKiller's picture

I direct your attention to "The New Rational Manager", by Kepner-Tregoe

Sat, 04/12/2014 - 04:14 | 4650480 TPTB_r_TBTF
TPTB_r_TBTF's picture

+1

Sat, 04/12/2014 - 05:34 | 4650517 trader1
trader1's picture

the solution is to keep on doing what you're doing or change what you're doing.

Sat, 04/12/2014 - 03:19 | 4650425 no more banksters
no more banksters's picture

"... if China for example, would theoretically require to be paid in dollars for the entire US debt which holds, in just one day, this could be done practically with the push of a button on the computer. China's share of US debt would pass automatically to the hands of the "Federal" Reserve. One easily understands that any American government is fully controlled by the banksters."

http://failedevolution.blogspot.gr/2013/10/new-deal-vs-obamacare-one-rea...

Sat, 04/12/2014 - 03:30 | 4650432 Element
Element's picture

 

 

"When credit in the US is ultra-cheap, billions are borrowed here and invested elsewhere, all around the world, which pushes up investment prices almost everywhere."

But is it even an 'investment', because my definition of an investment or even accounting sure isn't the one Wall Street or any other exchange or bank uses.

That, to me, is surely a key aspect of the underlying brokenness of everything else.

Sat, 04/12/2014 - 03:41 | 4650441 jonytk
jonytk's picture

if $ worthless? come on, to have $ is still considered lucky in most 3th world countries, it could became worthless in the US due to inflation.
In that case, Eur and bitcoin to the moon! getbitcoins

Sat, 04/12/2014 - 07:45 | 4650603 TPTB_r_TBTF
TPTB_r_TBTF's picture

the US$ is still one of the best of some of the worst currencies.

Sat, 04/12/2014 - 03:57 | 4650463 rsnoble
rsnoble's picture

I guess ill watch it.  It's not another Moore production is it? LOL.

Sat, 04/12/2014 - 04:10 | 4650477 orangegeek
orangegeek's picture

China / Russia - future reserve currencies????  WTF????  Communist countries have the most stable currencies???  You need your head examined Casey!!!!!!!!!!!!!!

Sat, 04/12/2014 - 04:11 | 4650478 rsnoble
rsnoble's picture

I already knew most of the stuff in the movie, probably everyone else on ZH also.

I did like the comment about Argentina.........."Ran by morons".

That should be the biggest wake up call to anyone in the US lol.

It's nothing out of the ordinary.  Just one group of humans trying to control another. It works for awhile then goes to hell.  Always have always will.  Those in control just won't allow a society that is trully self-sufficient because then they aren't needed.  Not sure if that's the best way of saying it I guess.  It just seems people have a lot more to contribute but are kept under the elites thumbs.

Sat, 04/12/2014 - 04:15 | 4650481 rsnoble
rsnoble's picture

And of course the fucking stooges will never give you a warning.  For most dumbasses the collapse will be 'overnight' as told to them by msm at breakfast time.  They don't give you a warning because then when it happens you are in a weak position.  

Sat, 04/12/2014 - 05:35 | 4650518 rsnoble
rsnoble's picture

Also.........the movie said something to the effect 'Russia and China might try to do something'.

Too late lol.  My things change fast.

Sat, 04/12/2014 - 05:41 | 4650521 trader1
trader1's picture

meanwhile in argentina:

Jorge Capitanich, Mrs. Kirchner's cabinet chief, criticized the strikers, saying they laid siege to Argentina's cities much like feudal lords of the Middle Ages.

"One can't turn to anti-democratic measures that prevent workers from exercising their right to work," Mr. Capitanich told reporters.

Sat, 04/12/2014 - 08:12 | 4650636 Pumpkin
Pumpkin's picture

There is a change coming.  The truth will return.  I have read about that somewhere, but I can't remember where.

Sat, 04/12/2014 - 09:59 | 4650754 Singelguy
Singelguy's picture

Default is inevitable. The $17 trillion debt will never be repaid. People will finally start to realize that when the debt hits say $25 trillion. At that point the dollar will be worthless, interest rates will sky rocket, and the government will no longer be able afford to even pay the interest on the debt.

Sat, 04/12/2014 - 10:12 | 4650780 Fix It Again Timmy
Fix It Again Timmy's picture

Economics works when people have something to trade or barter - if they have nothing or if what they have is stolen [taxes, taxes, taxes, etc.] then the system is crippled and doomed to failure - having wealth of some manner is the DNA of an economy.  Without wealth, it's back to hunter-gatherer subsistence levels....

Sat, 04/12/2014 - 11:08 | 4650879 RaceToTheBottom
RaceToTheBottom's picture

It is only a meltdown for the 99%.  

For the 1%, it is a meltup.

It is for the benefit of the profit motive, the whole capitalistic system, and of course, the children.

Sat, 04/12/2014 - 11:39 | 4650974 Last of the Mid...
Last of the Middle Class's picture

Fucking with the money supply is and should always remain illegal. By definition it is taxation without representation, there will always be winners and losers defined by the point of injection of the fiat. I remember Reagan, i think, giving a rebate on income taxes and wally world immediately reported a bump in sales the next month. Increasing the money supply a small percent rehypothicates out to 10X that same amount. It is choosing winners and losers and has nothing to do with repairing an economy. It's sole purpose is to preserve those in power. The fed and it's monetary policies are the beginning of a black ops hidden government that is expanding exponentially in order to maintain the status quo while offering pennies to the voters and giving trillions to the chosen few. This will end badly and anyone who doesn't see this and plan accordingly will be in for a very unpleasant surprise. Pass the popcorn. 

Sat, 04/12/2014 - 13:14 | 4651295 moneybots
moneybots's picture

"This will end badly and anyone who doesn't see this and plan accordingly will be in for a very unpleasant surprise. Pass the popcorn."

 

I don't think there is any way to plan accordingly.  91 million are not working.  How do they plan accordingly?  How do people who were making $60,000 a year and are now making $25,000 a year, plan accordingly?  How do people coming out of college with $30,000 in student loans, plan accordingly?

Ii think that those who think they have planned accordingly are going to get an unpleasant surprise, right along with the rest of us.

 

 

Sat, 04/12/2014 - 11:43 | 4650985 j8h9
j8h9's picture

Are Casey Investments gold sellers? Much of the doomsday porn comes from gold/silver sellers. They have an interest in scaring people into buying gold.

Sat, 04/12/2014 - 14:11 | 4651463 therevolutionwas
therevolutionwas's picture

If you have two eyes to see and half a brain you don't need Casey to become frightened into buying insurance against the inevitable.

Sat, 04/12/2014 - 11:44 | 4650988 OptionsHedge
OptionsHedge's picture

Nothing like fear mongering for click bait.  This song and dance from Casey and his "libertarian" cohorts has been going on for years. No credibility.

Sat, 04/12/2014 - 14:06 | 4651450 therevolutionwas
therevolutionwas's picture

No credibility for who?  The song and dance is old but it's a classic.  It's a truth that will never get old for those looking for it.  

Sat, 04/12/2014 - 12:06 | 4651091 loveyajimbo
loveyajimbo's picture

The Casey crowd has been pumping gold from $1900 down to $1050.... and back to $1300ish... think THEY know what they are doing?  Gold is a good thing, IMO, but sellers of gold are not the best bet for financial planning advice... when all you sell are hammers... every problem is a nail.

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