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What Do Janet Yellen, Uri Geller, And Jesus Have In Common?

Tyler Durden's picture




 

Submitted by Bill Bonner via Acting-Man blog,

Miracles

It looks as though the US stock market is in the process of topping out. But if you’d bet heavily on a bear market, each time you saw one coming, you’d be broke by now. We will wait to see what happens…

Meanwhile, we are still puzzling over the miracle produced by the Fed. Uri Geller could bend spoons. The Fed bends the entire economy. Hardly a single price is unaffected. Hardly a single business plan or investment strategy goes forward without an eye on the central bank.

Jesus turned water into wine and multiplied loaves and fishes. But the Fed make the Nazarene seem like a two-bit shell game hustler. The loaves and the fishes couldn’t have had a market value of more than a few thousand shekels!

Ex nihilo nihil fit

Compare that to the Fed. It helped usher in $33 trillion worth of goods and services – out of nothing. Yes, dear reader, that is the total amount of purchases made over the last 30 years… on excess credit.

We say “excess” because it is above and beyond the level of credit that had existed – relative to GDP – for many decades before. Roughly, from 1900 to 1970, the US had $1.50 for every dollar of output. Now, there is about $3.50 per dollar of GDP. The difference, over the last 30 years, is about $33 trillion.

Where did all that bounty come from? That is the question. Can something really come from nothing? Ex nihilo nihil fit (nothing comes from nothing). And yet $33 trillion worth of “stuff” seemed to have come from out of nowhere. It didn’t come from savings; the savings rate went down during this period. It didn’t come from earnings, either. Wages and earnings – in real terms – barely rose since the 1970s.

How about from an increase in productivity or output? Nope. As we have seen, compared to output, this “wealth” grew much faster. That leaves only one possible source…

 

Childishly Naïve

You may think banks lend out savings. Un un. In the modern fiat money-based economy, they create credit out of thin air. The money supply goes up when the banks see fit to make loans. And banks no longer set aside meaningful reserves against their loans. So, the limit to new credit is… well… limitless.

This entire system is created by and presided over by the Fed – a public cartel of private banks. And that’s a worry. Because, as we put it last week, the Fed’s theory – that it can build real wealth by increasing credit faster than GDP forever – is “childishly naïve.”

An old friend, Pierre Lemieux, wrote in with the following comment:

“The production of things is not done with money, but with real resources. If I see a car, I know it has been produced with steel, aluminum, plastic, labor, etc. That‘s the real side of the economy.

 

We get on the financial side when we ask how this production was financed, that is, how people were motivated to release control of real resources. In most cases, they are motivated in doing so by receiving in exchange claims to other resources or consumer goods. Finance is the domain of the exchange of claims to real resources.

 

The question, then, is in which circumstances does money (a very liquid claim on real resources) help production (by reducing transaction costs), hinder it or, as you point out, create gainers and losers?”

When Credit Turns Bad …

In a better world, credit depends on savings… which represent real resources. This restrains credit growth, because there are only so many real resources… and only so much savings representing them. But in the world created by the Fed, credit has no savings behind it. It is just notations in the banking system… with no effective limit on the quantity of credit available.

That is how $33 trillion came to exist. It pretended to be real savings… representing real resources… which were then put to work to make the autos and houses that people wanted, but couldn’t afford.

In other words, the system created new claims on resources… which drew resources into the real economy. Neither past earnings (savings), nor current earnings (output) supported this economic expansion. Instead, it was all a claim on future earnings.

This is all a way of saying the obvious: If future output cannot keep up with this $33 trillion of excess debt, this debt must go bad. That is, of course, the problem. The economy limps along… even with $1 trillion of extra QE money per year. It depends on more credit and more debt just to stay in the same place.

Every year, more resources must be drawn from the future and enjoyed in the present. Every year, the claims on future earnings increase… and every year the debt becomes even more unsupportable. Somehow. Someday. Those claims on the future will be marked down.

 

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Mon, 04/21/2014 - 09:01 | 4679099 dizzyfingers
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FED IS SUICIDING THE USA.

Mon, 04/21/2014 - 09:55 | 4679246 sfisher
sfisher's picture

Suicide is something that you do to yourself.  Murder is something that someone else does to you.  The Fed is privately owned and is killing the US.  At the end of the day, for creating money from nothing and taxing the people to "repay" interest and principal, when it all comes crumbling down, they will have claims on the real assets of this country.  Plan fully executed!

Mon, 04/21/2014 - 10:20 | 4679339 g'kar
g'kar's picture

Kind of like calling terrorist "homicide" bombings "suicide" bombings. The FED is "homicide" bombing Americans without "suicide" bombing itself and it's cronies.

Mon, 04/21/2014 - 12:02 | 4679674 SamAdams
SamAdams's picture

They are all fake jews (meaning race and myths).

Mon, 04/21/2014 - 15:54 | 4680554 it aint easy
it aint easy's picture

Only one of them commands divine powers of (money) creation.

Mon, 04/21/2014 - 09:06 | 4679111 Savvy
Savvy's picture

I was just reading 'study' says 47% of Americans do not consider their gov. to be a threat. I figure those are the 47% dependant on gov (welfare, EBT etc) and have no clue -or caring- that the gov is supporting them by picking the pockets of everyne's children and grandchildren.

Mon, 04/21/2014 - 09:21 | 4679143 Dr. Engali
Dr. Engali's picture

It seems Romney mentioned something about 47% and was crucified for it.

Mon, 04/21/2014 - 09:41 | 4679191 mayhem_korner
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And thanks to voter resurrection, those 47% accounted for 110% of the votes cast by registered voters.

Mon, 04/21/2014 - 09:43 | 4679201 F.A. Hayek
F.A. Hayek's picture

Don't forget the dead people and the 'undocumented visitors'.

Mon, 04/21/2014 - 09:10 | 4679115 AlchemyFinancial
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Fed is panicking because they know they casued a bubble which is why they are tapering as quickly as possible.  Except it won't work, the economy sucks and is not getting better.  Corporate profits are at all time highs, there is no where for the market left to go but lower, and when it does the fed will use the only tool they know and back peddle on their "Tapering" so fast it will make your headspin.  Mark my words, in 2 years or less the fed will be printing over 100 billion a month.  Markets look fragile especially the NASDAQ.  Here's my analysis, looks like they could have a serious problem if the rally falters this week.  http://alchemyfinancials.blogspot.com/2014/04/a-look-at-broader-equity-m...

Mon, 04/21/2014 - 09:56 | 4679255 Bastiat
Bastiat's picture

I'll believe the Fed tapered when someone shows where the "money" came from to fund the "Belgian" UST bond purchases.  And looking forward, of course they can't stop monetizing the debt.

Mon, 04/21/2014 - 14:46 | 4680331 hobopants
hobopants's picture

The Belgian people, duh! They sent the Fed a gift basket with chocolate, guns (from FN) and beer and got a thank you note from Yellen scrawled on the back of a few billion in I-O-U's. Case closed! 

Mon, 04/21/2014 - 12:09 | 4679683 caShOnlY
caShOnlY's picture

Fed is panicking

I don't believe for a moment the Fed is panicked.   The FED is a manipulator of wealth for the elite.   They have been expanding credit for 25 years to maintain and satisfy the elite's hunger for wealth.   Their policy of "scorched earth" in the US by shipping middle class jobs overseas should be a testament to their "coup" of the governement in the early 1980's.  Trickle down wasn't meant for middle class america; nor was Nafta, China, graham-leach-bliley.  The housing bubble simply reflated the 90's credit bubble and today the FED has no choice but to outright buy the market for their "friends" at tremendous cost to the other 95% of america. 

But the real cost will come when they blow the dollar.  Those that don't think it will happen don't see Warren Buffett taking railroads private, cash home purchases and other tangibles being purchased right and left.   The FED continues to have it's henchmen knock gold and silver down as it is clearly a canary in the coal mine for the dollar.  We are seeing the largest consumption of gold in our lifetime and gold is going down in price!!?? 

No the FED isn't panicking - the FED is planning then executing the plan, as it always has been.  As the game speeds up the FED loses the luxury of TIME and will begin to make hasty decisions.  The problem the FED has now is that the FED can no longer be as opaque as we see with Belgium's UST holdings.  I am convinced the more openly brazen fraudulent operations by the FED the closer to the end game we are. 

Mon, 04/21/2014 - 09:10 | 4679116 JustObserving
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If you lie a miracle into existence, was it a miracle?

 

Mon, 04/21/2014 - 09:14 | 4679122 New England Patriot
New England Patriot's picture

If you lie a miracle out of existence, does it cease to be a miracle?

Mon, 04/21/2014 - 09:20 | 4679139 F.A. Hayek
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Happy Patriot's day (not marathon Monday). Ironic that Boston is a militarized zone on such a sacred day.

Mon, 04/21/2014 - 09:22 | 4679145 New England Patriot
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It was once before, and some Massachusetts folk took care of that. 

Mon, 04/21/2014 - 09:33 | 4679178 F.A. Hayek
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In the people's republic of Massachusetts, any signs of indepedence or self-reliance will be summarily attacked and decried. I'm pretty sure these days it is considered racist.

Mon, 04/21/2014 - 09:44 | 4679204 Almost Solvent
Almost Solvent's picture

I think in the modern US of A - the first shots, if there are any, against tyranny will be in Texas, Nevada or maybe South Carolina.

 

Certainly not MA, NY, NJ, VA, CA and the like

Mon, 04/21/2014 - 10:12 | 4679251 New England Patriot
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Liberty may flourish where it is pleased to do so. 

Mon, 04/21/2014 - 09:21 | 4679141 AlchemyFinancial
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If you lie, and a the illusion of a miracle comes into existance with nothing to back it up, is it really a miracle?  If it saves the world economy for a few more years than yes.

Mon, 04/21/2014 - 09:15 | 4679130 eddiebe
eddiebe's picture

So when do we hang yellen from a tree?

Mon, 04/21/2014 - 09:15 | 4679131 Ban KKiller
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Because we live in a fascist state where the FED owns congress and business is geared to benefit the few, we the people, are but chattel.

Politicians are stooges for the elitist class and mainstream media plays the jester. Can the masses be educated to the truth of our crisis? 

Death, by law, to the FED and their minions. Is Greenwich fireproof?

Mon, 04/21/2014 - 09:16 | 4679134 F.A. Hayek
F.A. Hayek's picture

Somebody go fix me a turkey pot pie.

Mon, 04/21/2014 - 09:31 | 4679171 Took Red Pill
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Today is Patriots day in Maine & Massachusetts. Let us take inspiration from those Patriots like Paul Revere and other members of the Sons of Liberty who participated in the Boston Tea Party to protest taxation and started the American Revolution.

Mon, 04/21/2014 - 09:35 | 4679183 Okienomics
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The article is long on conjecture and short on analysis. Concluding Someday...Somehow isn't much better than Hope and Forward. Financial Doom Porn.

Mon, 04/21/2014 - 09:36 | 4679187 intric8
intric8's picture

Jesus bent the laws of physics. Geller can bend a spoon. Yellen has the amazing ability to bend reason, given that everyones still sold on the fractional reserve con game they keep perpetuating

Mon, 04/21/2014 - 09:43 | 4679202 mayhem_korner
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Jesus bent the laws of physics.

 

He authored the laws of physics.

Mon, 04/21/2014 - 09:52 | 4679222 SheepDog-One
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Physics weren't handed down by a magical being on stone tablets, physics are OUR observations of the physical world.

Mon, 04/21/2014 - 09:55 | 4679247 mayhem_korner
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Then call it "our observation of the laws of physics", the seemingly most simple of which, gravity, still eludes the collective insight of the world's physicists.  Just an observation.

Mon, 04/21/2014 - 09:57 | 4679258 GeorgeHayduke
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Just because we don't understand it does not mean Jesus did it.

Mon, 04/21/2014 - 09:59 | 4679264 mayhem_korner
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That's what the Jewish leaders said about the empty tomb.

Mon, 04/21/2014 - 11:44 | 4679617 elwind45
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Empty tome

Mon, 04/21/2014 - 10:09 | 4679311 Peter Pan
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I think the author made an unfortunate choice to bring Christ into the mix.

Whatever point he was trying to make was lost in an unnecessary and pointless grouping.

Mon, 04/21/2014 - 10:23 | 4679362 SheepDog-One
SheepDog-One's picture

The author made a bad choice, he should have used Mithra instead of Jesus.....Mithra is more believable.

Mon, 04/21/2014 - 10:27 | 4679376 mayhem_korner
mayhem_korner's picture

 

 

Why are you afraid that Jesus might be real? 

Mon, 04/21/2014 - 10:47 | 4679425 SheepDog-One
SheepDog-One's picture

Wow you ran right to the 'U scared, bro?' tactic? Ok here's mine, why are you afraid that Zeus, Mithra, Odin and the Easter Bunny might be real? Come on man grow up!

Mon, 04/21/2014 - 11:15 | 4679526 New England Patriot
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You didn't answer the question.

Mon, 04/21/2014 - 11:46 | 4679625 elwind45
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Same ole same ole'

Mon, 04/21/2014 - 10:55 | 4679456 pherron2
pherron2's picture

.

Mon, 04/21/2014 - 10:52 | 4679458 pherron2
pherron2's picture

Author is probably just trying to provoke their ire, knowing the disdain for Jesus.

Mon, 04/21/2014 - 10:11 | 4679318 SheepDog-One
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No Mayhem_Korner you have it completely wrong, 'physics' aren't laws written down on stone tablets floating around the universe, they are HUMANS tested and confirmed observations of the world around us. You have it completely backwards.

Mon, 04/21/2014 - 10:21 | 4679351 mayhem_korner
mayhem_korner's picture

 

 

There are the laws of physics, and then the subset of those laws which humans have discovered.  You are playing in the smaller of those two spaces, sheep.

Mon, 04/21/2014 - 10:25 | 4679372 SheepDog-One
SheepDog-One's picture

Wow.....just, wow....

Mon, 04/21/2014 - 10:29 | 4679379 mayhem_korner
mayhem_korner's picture

 

 

Just because you hope certain things to be true does not make them so.  What is it about Jesus that you fear?  Truth?  Accountability?

Mon, 04/21/2014 - 09:38 | 4679189 SmilinJoeFizzion
SmilinJoeFizzion's picture

all piss standing up

Mon, 04/21/2014 - 09:42 | 4679197 gatorengineer
gatorengineer's picture

When you can cannonize a Pedophile enabler, anything is possible.....

Mon, 04/21/2014 - 09:49 | 4679215 SheepDog-One
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Uri Geller could not bend spoons and was proven to be a fraud.....'fraud' is what they all have in common.

Mon, 04/21/2014 - 10:02 | 4679271 mayhem_korner
mayhem_korner's picture

 

 

I look forward to your list of all the fraudulent acts Jesus committed.  Should be a good read.

Mon, 04/21/2014 - 10:17 | 4679329 SheepDog-One
SheepDog-One's picture

I didn't talk about fradulent acts, I said they're all frauds. 'Jesus', son of old testament god, never actually existed you do realize that right?

Mon, 04/21/2014 - 10:23 | 4679361 mayhem_korner
mayhem_korner's picture

 

 

And you know this because you were there?  I didn't realize you were that old...

Mon, 04/21/2014 - 10:28 | 4679378 SheepDog-One
SheepDog-One's picture

So you're saying you do know this because you were there? I don't believe you. Also, 'were you there' for the times of Zeus and Mithra too? Come on man.

Mon, 04/21/2014 - 10:31 | 4679385 mayhem_korner
mayhem_korner's picture

 

 

The manuscripts that document Jesus life are more authentic than any other of the time frame.  More numerous, more universal, and more consistent from copy to copy. 

Mon, 04/21/2014 - 10:35 | 4679396 SheepDog-One
SheepDog-One's picture

Actually those 'manuscripts' are of unknown authorship and contradict each other wildly, that's the best you've got and all biblical scholars will admit that.

Mon, 04/21/2014 - 10:56 | 4679474 New England Patriot
New England Patriot's picture

Actually, no they do not.

Moreover, if by two or three a reliable testimony is established, the Gospels are a faithful witness to Jesus Christ. 

Mon, 04/21/2014 - 11:04 | 4679489 SheepDog-One
SheepDog-One's picture

 OK so what youre saying then is ALL ancient religious texts from many religions are true, because all had a few testimonials to them.

Mon, 04/21/2014 - 11:21 | 4679546 New England Patriot
New England Patriot's picture

No. 

That would be an example of an inductive generalization. 

Mon, 04/21/2014 - 11:43 | 4679612 SheepDog-One
SheepDog-One's picture

Are you sure it's not simply pointing out your fallacy?

Mon, 04/21/2014 - 14:20 | 4680222 SheepDog-One
SheepDog-One's picture

Wow, I didn't realize even Zerohedge was chock full of religious fundamentalist kooks....no wonder this country is so boned.

Mon, 04/21/2014 - 10:36 | 4679398 dontgoforit
dontgoforit's picture

If there was ever a man who wasn't a fraud, it was Jesus.

Mon, 04/21/2014 - 09:50 | 4679216 GeorgeHayduke
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Two are real people and one is a mythical character. 

Not sure what they have in common other than giving people hope in something that doesn't exist.

Mon, 04/21/2014 - 09:54 | 4679236 TrustWho
TrustWho's picture

Maybe we have a really poor accounting system. Money is easy to track, but physical assets more difficult. If USA government doubles GDP, obviously in the name of accuracy, the claims on future production is significantly reduced.

Maybe you laugh. This is called inflation. This is Fed policy. All savers should go to Nevada and join Bundy, because the Fed is stealing their money without a gun.

Mon, 04/21/2014 - 10:43 | 4679423 pherron2
pherron2's picture

"stealing their money without a gun" is not strictly true, just because you don't see it, doesn't mean it's not there. Pay attention to those jack booted thugs that muster up everytime there is a G-20 summit.

Mon, 04/21/2014 - 09:55 | 4679245 F.A. Hayek
F.A. Hayek's picture

I've read The Creature from Jekyll Island and have done a lot of other research on the Fed. I regularly read posters here and elsewhere talking about the Fed owners and the puppet masters orchestrating the actions in the shadows. Who can point me to factual resources - no conspiracy theory - to learn more? I understand the TBTF banks supposedly have undocumented/unpublished ownership rights.

Mon, 04/21/2014 - 10:12 | 4679320 g'kar
g'kar's picture

Paul "Daddy Warbucks" Warburg and his family make good reading.

 

 

Mon, 04/21/2014 - 10:52 | 4679459 F.A. Hayek
F.A. Hayek's picture

I mean to say I want to learn more about current day 'puppet masters'. My personal feeling is it's mostly a self-sustaining corrupt organization, and there aren't necessarily people pulling the strings in the shadows, but I could be wrong ergo the ask for any tips from the readers that I can look into.

Mon, 04/21/2014 - 11:15 | 4679524 g'kar
g'kar's picture

My opinion would be that if "they" exist (outside of a self-sustaining corrupt organization), "they" have so much power that you wouldn't be able to read about "them". I'll stick with my own personal belief that "the powers that be" are a family or a group of families that have been around and holding power for thousands of years. I can't prove it, I can just observe it, through the perpetual slavery of mankind. 

Mon, 04/21/2014 - 11:23 | 4679555 F.A. Hayek
F.A. Hayek's picture

I hear you and I can just as easily believe what you're saying. I only wonder that if 'they' were really real, there must be some way traces are being left behind or facts are being documented that would prove that. This is what I'm looking for - probably not realistic but then again ZH bloggers are pretty resourceful.

Mon, 04/21/2014 - 11:31 | 4679583 g'kar
g'kar's picture

I really wish you luck in your research and look forward to you posting your results here one day.

Mon, 04/21/2014 - 11:45 | 4679623 F.A. Hayek
F.A. Hayek's picture

Thanks g'kar, I will most certainly do that. I just hope I don't get suicided in the process.

Mon, 04/21/2014 - 10:01 | 4679269 The Abstraction...
The Abstraction of Justice's picture

All Jews.

Mon, 04/21/2014 - 10:19 | 4679343 SheepDog-One
SheepDog-One's picture

And according to Jews, Jesus was a fraud, so even the old testament folk don't buy it.

Mon, 04/21/2014 - 10:32 | 4679390 mayhem_korner
mayhem_korner's picture

 

 

Jesus is in the Old Testament.  But you'd have to read it to know that.

Mon, 04/21/2014 - 10:38 | 4679406 SheepDog-One
SheepDog-One's picture

'Jesus' was mentioned in the old testament? No he wasn't. And also the Jews disagree with you Christians on what qualifies as prophecy. Your problem lies not with me, but those who wrote the old testament comic books.

Mon, 04/21/2014 - 10:55 | 4679471 SanfordandSon
SanfordandSon's picture

Yes SheepDog-One, Yashua is the Hebrew name for Jesus found in the Old Testament.  My problem isn't with you personally, you can believe what ever you want.

Mon, 04/21/2014 - 11:00 | 4679481 SheepDog-One
SheepDog-One's picture

As I told the other guy here, you're going to have to take it up with the Hebrews because their view of what qualifies as prophecy from their old testament completely disagrees with what Christianity thinks about it.

Mon, 04/21/2014 - 20:07 | 4681220 mayhem_korner
mayhem_korner's picture

 

 

Why don't you read the Old Testament and then decide for yourself instead of punting the discussion to what you think the Jews think. 

I'll make it easy on you: start with Isaiah 7:14, Psalm 22, and Isaiah 53 - a total of 44 verses, or about 10 minutes of your time - and get back to us as to who you think those verses are in reference to.  And while you're at it, help us understand how David, back in about 990 B.C., could have described the crucifixion scene so clearly when it wouldn't even be invented by the Romans for another 600 years.

Mon, 04/21/2014 - 19:53 | 4681200 mayhem_korner
mayhem_korner's picture

'Jesus' was mentioned in the old testament? No he wasn't.

 

Really?  Now you have unveiled yourself as ignorant.  Try reading Genesis 3; Psalm 22, Zecharaiah 10, Daniel 9, Isaiah 7, 9, 52 and all of 53, Micah 5, Malachi 3, and so on and so on and you will find the following: the date and location of Jesus's birth, that he would be born of a virgin, that he would be visited by kings bearing gifts, that he would grow up rejected and despised, that he would be announced by John the Baptist, that he would ride into Jerusalem on a donkey, be betrayed by a friend, spat on, silent, and crucified, that his tormenters would "cast lots for his clothing," that he would bear the sins of the world, and that he would be resurrected. 

All of that is in the Old Testament.  But you have to read it to know these things.

Mon, 04/21/2014 - 10:43 | 4679417 SanfordandSon
SanfordandSon's picture

Following His resurrection the Bible states that thousands believed in Jesus.  These were Old Testament folk...

Mon, 04/21/2014 - 10:58 | 4679455 SheepDog-One
SheepDog-One's picture

And thousands believed Jim Jones was The Messiah, and killed themselves when he ordered them to....so what does that prove? Nothing.

 

Mon, 04/21/2014 - 11:06 | 4679484 SanfordandSon
SanfordandSon's picture

They were misguided as perhaps you are... Jesus, The Messiah came to die for the payment of sin so that those who believe would live.  Quite a contrast to Jim Jones the Messiah you refer to.

Mon, 04/21/2014 - 11:07 | 4679498 SheepDog-One
SheepDog-One's picture

I'm the misguided one? I'm not the one believing in invisible magical superheroes from the Bronze Age.

Mon, 04/21/2014 - 10:04 | 4679283 Peter Pan
Peter Pan's picture

Christ performed a range of miracles from turning water into wine, raising the dead, multiplying the loaves and fishes, quieting the storm and of course rising from the dead himself. Whether you are a believer or not he still has a following 2000 years later.

To compare him to that clown Bernanke or Yellen is sheer blasphemy given that they could do little else other than print, print, print.

As for good old Yuri, he was an entertainer but a fraud.

Mon, 04/21/2014 - 11:09 | 4679508 SheepDog-One
SheepDog-One's picture

Jim Jones had a big following too.

Mon, 04/21/2014 - 15:14 | 4680433 IndyPat
IndyPat's picture

Yeah but Christ turned water into wine...which makes Him the best party guest. Ever.
CIA operative Jim Jones turned water into cyanide laced Koolaid...which makes him the biggest asshole. Ever.

Mon, 04/21/2014 - 17:03 | 4680744 Who was that ma...
Who was that masked man's picture

I can turn wine into water.  Does that count?

Mon, 04/21/2014 - 10:04 | 4679286 SanfordandSon
SanfordandSon's picture

In all respect, there is a vast difference.  It reveals the power of God versus the impotency of the government.

Mon, 04/21/2014 - 10:10 | 4679309 csmith
csmith's picture

Someday. Those claims on the future will be marked down.

 

Not someday; today. And at the Fed's "favored" rate of 2% annually, over each and every year.

Mon, 04/21/2014 - 10:10 | 4679313 fallingman
fallingman's picture

Uri Geller ... handled by Harold Puthoff / Ingo Swann and boyz @ the Stargate Project ... CIA-Initiated Remote Viewing programming Stanford Research Institute. Throw in the amazing pedophil Randy and you got yourself a psy-op party ...

 

RIP ... Blue Resonant Human

Mon, 04/21/2014 - 10:40 | 4679412 Carl Popper
Carl Popper's picture

Stacking up IOU's for future generations to pay is immoral.  Our founding fathers for the most part considered it bondage to put debt on people not yet born who had no say.

 

Furure generations can and should repudiate the debt.  It is the moral thing to do.

Mon, 04/21/2014 - 10:46 | 4679439 Who was that ma...
Who was that masked man's picture

They all have a dick?  They share a brain?  I give up, what do they have in common?  Is this the best you can come up with ZH?  Come on, really.

Mon, 04/21/2014 - 10:59 | 4679475 elwind45
elwind45's picture

Jesus Iam overjoyed to meet you face to face you have made quite a name all around the place healing cripples rising from the dead and now you call yourself GOD at least that is what they say.
so if you are the Christ Mr. Wonderful Christ change this rock into bread you can do it standing on your head?

Mon, 04/21/2014 - 11:04 | 4679491 Lynn Trainor
Lynn Trainor's picture

Robbing future generations is utter selfishness. 

Mon, 04/21/2014 - 11:15 | 4679523 F.A. Hayek
F.A. Hayek's picture

Devolving into a religious argument in

3

2

1

 

Mon, 04/21/2014 - 11:25 | 4679562 Fix-ItSilly
Fix-ItSilly's picture

Why is it that these articles ignore the important obvious?  Age demographics of the the Western World + Russia and CHina?  The debt was added just as the baby boomer population were at the end of their productive years.

Naturally, with a population bulge entering retirement, prudent spending would be enforced.  And financial excess would be correctly expunged. 

But the Fed fostered financial excess...

 

Mon, 04/21/2014 - 15:10 | 4680418 IndyPat
IndyPat's picture

I know I'm late to the thread, but did anyone mention the Jew thing yet?

Or that they all rocked Birkenstocks?

Although the Lords were a bit more period appropriate....

Mon, 04/21/2014 - 18:15 | 4680971 Audacity17
Audacity17's picture

Jesus....the ultimate Hell Put.

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