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Martin Armstrong On The Most Dangerous Trend Ever - Rob Anyone Who Has More Than You

Tyler Durden's picture




 

Submitted by Martin Armstrong of Armstrong Economics,

We are seeing the most dangerous trend ever. There is an agenda behind the curtain and that is to sustain government at all costs and that includes everything you own. I have warned that either government will move toward a totalitarian state or to real democracy – real Athens style without the career politicians. The latter is possible with civil unrest as we saw in Ukraine.

This agenda requires no secret group of sinister corporations, Rockefellers, Rothschilds, or Bildebergs. This is plain old Adam Smith where those in government will never admit they are wrong so the reason they are losing their grip on our politic-social-economy is because they just don’t have enough resources.

Piketty did not appear out of nowhere. This is a coordinated assault to set the stage for massive taxation increases without a one-world government, just a one-world agreement to hunt down capital hiding everywhere. Exceptions may be China and Russia. Even the pretend conspirators inside the Bildebergs are getting nervous because there will be no exceptions – including them. This is not fascism – it is old fashion totalitarianism. I fear those trying so hard to point people at the Bilderbergs is a deliberate diversion from the Bureaucrats desperate for money.

Governments are moving to eliminate our rights to exist as a free people. Obama has been trying to remove guns from people claiming he wants to end violence of the street. Fine – legalize drugs and you will eliminate the violence just as legalizing booze ended the war between the Mafia and Elliot Ness. Guns are already illegal with crime. So what. It does not stop anything. Obama has been buying up all the bullets to take guns away from the normal citizens so only the criminals will have guns but the people cannot revolt against the coming socialist war they are waging against your assets.

Larry Summers came out about the negative interest rates and we have see how suddenly that is introduced. He also said cash should be eliminated and we should go electronic. They will say this eliminates crime, but it is to eliminate tax evasion and fill the treasury.

Then there was the IMF papers telling the US it should raise its taxes to 80% and then rigged the numbers to say see – it will not harm the economy. Then Piketty comes out saying the same thing and his book has reached Rockstar status thanks to the socialists pushing it. This is all selling an idea that taxes will go through the roof – this is why there is a civil war inside the Republican Party to purge it of all fiscal conservatives.

*  *  *

As we warned before,

Since Piketty sees wealth in terms of zero sum gains (someone gets rich by making another poor) he believes that the suffering of the masses will increase until this cycle is broken by either: 1) wealth destruction that occurs during war or depression (which makes the wealthy poorer) or 2) wealth re-distribution achieved through income, wealth, or property taxes. And although Piketty seems to admire the results achieved by war and depression, he does not advocate them as matters of policy. This leaves taxes, which he believes should be raised high enough to prevent both high incomes and the potential for inherited wealth.

 

Before proceeding to dismantle the core of his thesis, one must marvel at the absurdity of his premise. In the book, he states "For those who work for a living, the level of inequality in the United States is probably higher than in any other society at any time in the past, anywhere in the world." Given that equality is his yardstick for economic success, this means that he believes that America is likely the worst place for a non-rich person to ever have been born.

It's all the rage... Pikettymania is sweeping the nation and liberal economists are throwing their academic panties on his theoretical stage...

 

 

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Mon, 06/02/2014 - 15:29 | 4817677 Belrev
Belrev's picture

Today JUNE 2, 2014 Ukrainian jet bombed the center of East Ukrainian city Luhansk killing at least 5 civilians

See how American Democracy looks in reality to the people that it is forced upon

VERY GRAPHIC

http://www.youtube.com/watch?v=V0k2OgkFmLM

http://www.youtube.com/watch?v=z57nwcJzd84

http://www.youtube.com/watch?v=YnjKg4m_eNQ

https://pp.vk.me/c540103/c7006/v7006489/1401e/XI5FljoiUeA.jpg

 

May be Zerohdge can put this up as a news post to help spread the message. People are dying.

Mon, 06/02/2014 - 15:30 | 4817698 Millivanilli
Millivanilli's picture

Terrible, just terrible.

 

That cunt Nuland makes me sick.

Mon, 06/02/2014 - 15:35 | 4817719 outamyeffinway
outamyeffinway's picture

The Earth deserves to be hit by an Asteroid. Just sayin'.

Mon, 06/02/2014 - 15:37 | 4817729 seek
seek's picture

Not the whole earth, just DC and a few financial centers.

Mon, 06/02/2014 - 15:52 | 4817779 RevRex
RevRex's picture

Rob anyone who has more than you a trend?

 

That's the democratic party platform in a nutshell......

Mon, 06/02/2014 - 16:03 | 4817819 James_Cole
James_Cole's picture

Obama has been trying to remove guns from people claiming he wants to end violence of the street.

He gon take deh guns, one des deys!! Jus u wait n' see! This is the most dangrous trend eva!!

FFS people......

Mon, 06/02/2014 - 16:15 | 4817855 TeamDepends
TeamDepends's picture

Are you implying that the Obarry regime is not engaged in overt and covert schemes to disarm the American people?

Mon, 06/02/2014 - 16:44 | 4817949 CH1
CH1's picture

Avoide the slave system - USE BITCOIN!

I'd suggest that you use silver and gold too, but while BTC haters may stack, they never USE those stacks - they stay with their beloved FRNs.

Mon, 06/02/2014 - 17:44 | 4818157 DoChenRollingBearing
DoChenRollingBearing's picture

$655 last check.  Bought some more at around $550, so I am now this close to breaking even again.

I have access to my BTC here in Peru (visiting) from two wallets.  One on the blockchain.

Now if only someone here would sell me gold for BTC...

Maybe by my next visit they will have caught on.

Mon, 06/02/2014 - 17:15 | 4818070 drendebe10
drendebe10's picture

Didn't Heil Hitler take away the guns of the people that elected him?   How did that work out?

Mon, 06/02/2014 - 19:06 | 4818396 jez
jez's picture

Yes, that's exactly what "Heil" Hitler did.

 

How did it work out? The Polish army just strolled into Germany in 1939 and took over the whole country without a shot being fired.

 

Whatever happened to ol' Heil? You don't hear much about him these days.

Mon, 06/02/2014 - 17:11 | 4818050 FeralSerf
FeralSerf's picture

Rob anyone that has LESS than you do has been the mantra of the democrat and republican parties and the financial services industry for some time now.

It's much easier to rob those with less (and without lawyers) than those with more.

Tue, 06/03/2014 - 00:27 | 4819214 jeff montanye
jeff montanye's picture

this seems so obvious and at least some of the post above so self-serving, that i doubt any attempts to tax the rich more merit the label of totalitarianism.

let's not waste it.

Mon, 06/02/2014 - 16:10 | 4817843 giggler321
giggler321's picture

>>Not the whole earth, just DC and a few financial centers

Come, come don't exclude yourself from this - we're all in it together, remember?  They'll look into the depths of your heart and assign you a number based upon the ASCII representation of "seek", something like 73:65:65:6b.  'Z' recurring is already taken ;) The counter is now 73:65:65:6a.  Looks like your next, step this way to Bender's suicide booth.

 

Mon, 06/02/2014 - 15:54 | 4817785 TeamDepends
TeamDepends's picture

No, the ones who start and fund wars deserve the same fate as the shotgunner today.

Mon, 06/02/2014 - 16:01 | 4817812 asteroids
asteroids's picture

Alas, most space rocks large enough to do city wide damage have been found. But, we aren't very sure of the population of rocks big enough to annihilate something the size of the Eccles building.

Mon, 06/02/2014 - 18:16 | 4818236 XitSam
XitSam's picture

First person to set up electromagnetic launchers on the moon wins.

it makes sense, The Moon is a Harsh Mistress.

Mon, 06/02/2014 - 17:15 | 4818063 drendebe10
drendebe10's picture

Maybe, just maybe, the good and honorable men and women of the services are targeting the wrong enemy...... ya think? 

Mon, 06/02/2014 - 15:34 | 4817715 i_call_you_my_base
i_call_you_my_base's picture

Looks like war crimes to me.

Mon, 06/02/2014 - 15:54 | 4817784 what's that smell
what's that smell's picture

let me see if i got this right....

1) robbing somebody whom has less than you is good (rigged market cartel fascist capitalism).

2) robbing somebody whom has more than you is bad (commie pinko).

do i got dat right?

martin armstrong you are a pansy---just saying.

i thought this was dog-eat-dog randian red-in-tooth-and-claw capitalism? why are you whining armstrong? go destroy those pinko commie red bastard ayn rand hating hippies and dance on their worthless corpses?

stupid bitch.

Mon, 06/02/2014 - 17:15 | 4818067 FeralSerf
FeralSerf's picture

“The law in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread.“ —Anatole France, (Jacques Anatole Francois Thibault) The Red Lily, 1894.

Upton Sinclair once said, "It is difficult to get a man to understand something when his salary depends on his not understanding it.”

Guess who pays Martin Armstrong's salary. Hint: It isn't the poor folk.

Mon, 06/02/2014 - 17:34 | 4818117 putaipan
putaipan's picture

please, please see any number of dr. hudson's interviews to see the difference between 'wealth' and income as described in pickety's book. then you'll see it's really about the .001%'s attempt to take what they can from the the other 99.999% of the 1%. sheesh, these guys know no bounds ....

Mon, 06/02/2014 - 18:06 | 4818205 Anusocracy
Anusocracy's picture

You're not very close. Stealing is wrong, whether you're in government or out, rich or poor. Animals don't have a concept of another having their own property - which means the thieves are behaving like animals.

But worse than animals, governments use your own money to be able to steal your money from you.

Mon, 06/02/2014 - 15:34 | 4817717 trader1
trader1's picture

http://www.buzzfeed.com/maxseddon/documents-show-how-russias-troll-army-...

Russia’s campaign to shape international opinion around its invasion of Ukraine has extended to recruiting and training a new cadre of online trolls that have been deployed to spread the Kremlin’s message on the comments section of top American websites.

Plans attached to emails leaked by a mysterious Russian hacker collective show IT managers reporting on a new ideological front against the West in the comments sections of Fox News, Huffington Post, The Blaze, Politico, andWorldNetDaily.

The bizarre hive of social media activity appears to be part of a two-pronged Kremlin campaign to claim control over the internet, launching a million-dollar army of trolls to mold American public opinion as it cracks down on internet freedom at home.

Mon, 06/02/2014 - 15:35 | 4817724 Belrev
Belrev's picture

This is real footage. What campaign, what propaganda. Ukrainian jets did it. Their own TV reports about it, BUT they don't mention the victims.

Mon, 06/02/2014 - 15:43 | 4817742 zaphod42
zaphod42's picture

Not to worry, Belrev.  They're just 'collateral damage,' and that doesn't count.  

If a tree fell in the forest and a bankster or corporation did not make a profit, did it really happen? 

Craig

Mon, 06/02/2014 - 15:45 | 4817749 trader1
trader1's picture

did i claim the footage wasn't real?

or, are you projecting again?

 

Mon, 06/02/2014 - 16:13 | 4817847 James_Cole
James_Cole's picture

That buzzfeed article actually explains a lot about zh these past few months. 

Mon, 06/02/2014 - 16:44 | 4817946 Scarlett
Scarlett's picture

Nuland.  Fuck the EU.  Google it.

Mon, 06/02/2014 - 16:09 | 4817835 g speed
g speed's picture

he's not commenting about the vids comrade Belrev--he is commenting about the commenters

Wed, 06/04/2014 - 06:57 | 4822467 trader1
trader1's picture

thanks g speed,

 

 

________________________

in-between-line reader ;-)

________________________

 

 

Mon, 06/02/2014 - 18:56 | 4818363 Againstthelie
Againstthelie's picture

I have my doubts if this is real footage.

In one video, what is the person doing with the ring finger of the corpse? Is it stealing  ring?

The person with the camera does not show who this person is - totally unnatural. Usually when you film, you want to show what is going on!

On one video the corpse of the woman with the red shirt is lying besides two other corpses.

In the thrid video this corpse is lying alone. Also the asphalt around it is missing the shattered stones.

 

Be careful what you believe.

Mon, 06/02/2014 - 15:45 | 4817731 McMolotov
McMolotov's picture

SMISC.

http://www.darpa.mil/Our_Work/I2O/Programs/Social_Media_in_Strategic_Com...

http://www.wired.com/2011/07/darpa-wants-social-media-sensor-for-propaga...

My apologies for citing DARPA and Wired. I realize they don't carry the same authoritative weight as BuzzFeed, but they'll have to do.

Mon, 06/02/2014 - 16:18 | 4817860 Dr Benway
Dr Benway's picture

I just don't understand this type of argument. Nobody's claiming the US doesn't do shit like this, straw man. The fact that Obama is an asshole doesn't make Putin an angel.

In both this and the murky Syria conflict, neither side were angels, and the complexities of their internal politics were beyond the knowledge of most ZHers.

Most ZHers don't know jack about Ukraine and couldn't name five Ukrainians, yet have strong opinions of what is going on and who is right, because they were told so. ZHers rail about sheeple but are happy being led themselves.

Mon, 06/02/2014 - 16:35 | 4817900 McMolotov
McMolotov's picture

This is a juvenile response, but we know exactly "who started it" in Ukraine.

That doesn't mean Putin is an angel (he's far from it), but it definitely means the US lost any claim to the moral high ground. It also lost any legitimacy it may have had with regard to supposedly believing in self-determination. Finally, its blatant disregard for the truth of how this all began means it lost any credibility for being honest and stating facts.

Feel free to spin that into Putin-worship. But no matter how much you try, it's not.

Mon, 06/02/2014 - 16:51 | 4817975 Dr Benway
Dr Benway's picture

That is a complete non-answer. I know the US is shit. But who is right on the ground in the Ukraine? And do you think most ZHers could name five Ukrainian people?

Mon, 06/02/2014 - 17:14 | 4818059 McMolotov
McMolotov's picture

I'm simply speaking for myself. What I stated is why I oppose what the US/EU/NATO/IMF are doing in Ukraine and how I do so without granting Putin some kind of misguided savior status.

I didn't down-vote you, by the way, because I think the whole "Obama is bad, therefore Putin is good" thing is an important point that does get overlooked on ZH. I wouldn't want Putinism (if that's a real term) in this country.

Mon, 06/02/2014 - 17:20 | 4818081 FeralSerf
FeralSerf's picture

Do the oligarchs in Russia pull Putin's puppet strings as effectively as the American oligarchs pull Obama's strings?

If not, perhaps Putinism is better than Obamaism.

Mon, 06/02/2014 - 18:26 | 4818266 Anusocracy
Anusocracy's picture

At this point, it's not which is better, Putin and Russia or Obama and the US, it's about which country is ahead in the drive for world hegemony.

It is the US, the biggest threat worldwide, bar none, and the most aggressive.

You would have to be one evil shit or completely stupid and insane to want the US to continue on its merry ways.

Mon, 06/02/2014 - 19:24 | 4818454 FeralSerf
FeralSerf's picture

Or completely brainwashed by the American mainstream media and Hollywood like a majority of Americans apparently are.

Mon, 06/02/2014 - 19:25 | 4818456 Greenskeeper_Carl
Greenskeeper_Carl's picture

Thank you. Everyone on here seems to be so narrow minded about it. Like just because you think Obama and the US are in the wrong, that means Putin is in the right and is some great person to be hoisted on a pedestal. You can be amused at how Putin keeps one-upping the political moves of the west while still acknowledging that Putin is a thug and no friend of liberty. It's not a zero-sum game, you don't have to choose between either of them

Mon, 06/02/2014 - 15:43 | 4817738 nonclaim
nonclaim's picture

There's plenty of eurasian trolls here on ZH.

<-- currently on line

Mon, 06/02/2014 - 19:30 | 4818444 Againstthelie
Againstthelie's picture

This is what makes Putin more and more suspicious to me:

During this crisis he just signed an economic union with Belarus and KAZAKHSTAN.

While Russians are struggling with Asian immigration already, the intention of this union is free movement.

 

He is also forbidding Russian nationalist parties that discuss the probelm of mass immigration. And he supports the Holohoax and is restricting free speech in Russia, like in the western ZOGs.

 

My gut feeling tells me, that Putin could be part of the game which is to create the Eurasian complex. Not a politics of free souvereign nations.

 

Putin could not achieve this on his own. But in the face of an external threat, and the old cold war game, he suddenly can.

I never paid much attention to it, but that one of his main political advisers openly supports White genocide and is not fired, begins to fit into the picture.

 

I'm beginning to doubt Putin's intentions. His way maybe is the ONLY way to transform Russia into NWO.

 

What should also be put into consideration:

The NWO cannot need a USA as world tyrant. So it's in the NWO's and the global elite's interests to reduce the power and influence of the USA enough, that the two other continental NWO regions can be established besides it.

World government means Rothschild rules and no single nation shall be powerful enough to oppose this bankster tyranny. The USraeli bankster tyranny needs to be overcome for the total world domination.

Therefore we could see a fight beween the USraeli forces, that rech for world dominance and those forces, that want only weak nations and above all the undisputed bankster hegemony. For example: not GS or JPM, but World Bank, BIS and UNO.

 

If this thesis is correct, then the script of these forces means that the USA must be weakened while Russia is building the Eurasian complex. According to the Kalergi-plan (who was heavily sponsored by Rothschild friend Warburg, also a jew), this will be the final goal for European genocide with Asian and African mass immigration.

 

Far fetched? Maybe. But with the Eurasian union built on the same nation-hostile principles as the EUSSR Putin has become suspicious to me.

Mon, 06/02/2014 - 16:19 | 4817865 NoPantsSpongeBob
NoPantsSpongeBob's picture

Nice, so now they are doxing online commentators to see whether or not they are Russian trolls?

Mon, 06/02/2014 - 16:53 | 4817990 TimmyB
TimmyB's picture

Where do I sign up for Putin's Troll Army?

Mon, 06/02/2014 - 15:36 | 4817725 zaphod42
zaphod42's picture

Beam me up, quick, Scottie!!!!  These people are f'in' nuts!!!

 

Craig

Mon, 06/02/2014 - 15:59 | 4817804 Beam Me Up Scotty
Beam Me Up Scotty's picture

Sorry captain, the Klingons are about to attack and the shields are up. You are on your own.

Mon, 06/02/2014 - 19:18 | 4818428 pelican
pelican's picture

Actually, things all appear backward. Ther terrorists get better healthcare then the Vets.  A deserter whose decision killed 6 Marine is swapped to release much deadlier cuban prisioners.

 

The US might be the worst place for the working man.  We get no vacation (compared to Europe), pay taxes through the nose, have NO influence on the Federal government and the bankers destroyed the life savings of Gen X. 

 

It is over in this country.   It is a country for the rich.  The Vets and US citizens are viewed as cattle for the Washington BBQ.

 

 

Mon, 06/02/2014 - 15:48 | 4817763 larz
larz's picture

those can be / are often staged sorry belrev - im no fan of status quo but....

Mon, 06/02/2014 - 16:00 | 4817806 NoPantsSpongeBob
NoPantsSpongeBob's picture

It does not look like an airstrike.

https://www.youtube.com/watch?v=99b--3ks5lc

Mon, 06/02/2014 - 16:02 | 4817815 Millivanilli
Millivanilli's picture

It is a clusterbomb.

http://puu.sh/9bPYK/71e0ae4ece.gif

Mon, 06/02/2014 - 18:16 | 4818235 lemonobrien
lemonobrien's picture

use of cluster bombs on civilians is illegal; international law... war crime.

Mon, 06/02/2014 - 16:54 | 4817994 Aaaarghh
Aaaarghh's picture

i tried to type something meaningful, but I just am lost for words. I feel sickened. I hope the bastards responsible get theirs someday. shit man, I hate this fuckin planet.

Mon, 06/02/2014 - 19:17 | 4818434 dogbreath
dogbreath's picture

Great avatar,  the people on this planet are hard to love somtimes

Mon, 06/02/2014 - 17:10 | 4818045 fencejumper
fencejumper's picture

Thanks for links, belrev. You wrote:

 

"Today JUNE 2, 2014 Ukrainian jet bombed the center of East Ukrainian city Luhansk killing at least 5 civilians"

 

And it appears those civilians were mostly women. These videos help me to understand more deeply how the US drone program creates more enemies than it kills. Can you imagine having innocent, non-combatant family members blown up like this? How mad would you be?

 

Are we humans ready to use the intelligence and empathy we supposedly possess to find peaceful solutions to our differences? It doesn't appear so.

Mon, 06/02/2014 - 22:43 | 4818965 rsnoble
rsnoble's picture

ugh. I generally have a very strong stomach but this shit of the worlds elites squabbling and getting the rest of killed is getting real old real fucking fast.

Mon, 06/02/2014 - 15:23 | 4817682 TheRideNeverEnds
TheRideNeverEnds's picture

Jokes on them, I mortgaged everything I own against everything I could potentially earn for the rest of my natural life and levered the capital 20x into long S&P Futures so come at me bro. 

Mon, 06/02/2014 - 15:25 | 4817690 CPL
CPL's picture

Ahhh, the conservative play.

Mon, 06/02/2014 - 19:29 | 4818463 Greenskeeper_Carl
Greenskeeper_Carl's picture

I went all in on lotto tickets and Indian poker. Seemed a little safer.

Mon, 06/02/2014 - 22:43 | 4818968 rsnoble
rsnoble's picture

lmao!

Mon, 06/02/2014 - 15:24 | 4817687 Flakmeister
Flakmeister's picture

The only people walking away with everything are the 0.001% who demonstrate insatiable greed for the most part....

Let me know when the Gubbmint starts taking from them and maybe Armstrong will be on to something...

Mon, 06/02/2014 - 15:31 | 4817706 Death and Gravity
Death and Gravity's picture

He is a buffoon, an unknowing ? Accomplice of the oligarchy.

 

Mon, 06/02/2014 - 15:57 | 4817798 The Limerick King
The Limerick King's picture

 

 

Armstrong's an ignorant ass

Our Oligarch trend has to pass

With power and stealth

They captured the wealth

Through a system controlled by their class

Mon, 06/02/2014 - 16:00 | 4817810 Death and Gravity
Death and Gravity's picture

Clap, clap!

 

 

Mon, 06/02/2014 - 17:42 | 4818149 Bay of Pigs
Bay of Pigs's picture

"This agenda requires no secret group of sinister corporations, Rockefellers, Rothschilds, or Bildebergs".

FUCK YOU Marty, you sellout. That is exactly what is going on here...

Mon, 06/02/2014 - 19:19 | 4818441 dogbreath
dogbreath's picture

I think he forgot the /sarc

Mon, 06/02/2014 - 20:48 | 4818649 logicalman
logicalman's picture

TPTB use the concept of 'if you have nothing to hide......'

Turn it around.

Why are Bilderberger meetings so secretive?

 

Mon, 06/02/2014 - 15:33 | 4817714 zaphod42
zaphod42's picture

"Let me know when the Gubbmint starts taking from them and maybe Armstrong will be on to something..."

What else can you say?  That gets it all, 110%!

Banksters and corporate "[people" are way ahead of that game... they do not pay taxes; they own the government; 'big brother' is a combination of NSA + Google.

 

Craig

Mon, 06/02/2014 - 15:35 | 4817720 bobnoxy
bobnoxy's picture

Numerous investors and entrepreneurs agree that runaway inequality hurts the economy, including:

http://www.ritholtz.com/blog/2014/03/whos-who-of-prominent-economists-ag...

I wonder what this self promoting nitwit knows that those guys do not.

Mon, 06/02/2014 - 15:59 | 4817803 suteibu
suteibu's picture

When they break up their foundations, let us know.  Perhaps then, what they say will be more than PR bullshit.

Mon, 06/02/2014 - 16:20 | 4817867 Beam Me Up Scotty
Beam Me Up Scotty's picture

Sure, they all think taxes should be raised. Just leave the loopholes in so THEY don't have to pay more, just the millionaires and the couples making $250k a year.

Mon, 06/02/2014 - 16:53 | 4817980 headhunt
headhunt's picture

Exactly - they want to raise income tax, that is 'payroll' and not where billionaires get their 'income' from.

Mon, 06/02/2014 - 16:07 | 4817828 larz
larz's picture

the entire list is free to start the process themselves at any time

Mon, 06/02/2014 - 15:25 | 4817691 SWRichmond
SWRichmond's picture

You still have something we haven't stolen yet.

 - The government

Mon, 06/02/2014 - 15:30 | 4817693 Ignatius
Ignatius's picture

The corporations are the state, Armstrong... you dissembling cunt.

 

Mon, 06/02/2014 - 16:01 | 4817811 g speed
g speed's picture

sorry--yur wrong-- 

corps are sometimes  one man businesses --maybe an S corp --- mostly done for tax avoidance using existing tax code--- 

or corps are sometimes large entities that use influence and money to capture regulators in gov't or invent and codify tax breaks or gain manopoly status --even while opperating in a multinational (multi governmental) environment.

Gov'ts on the other hand have deadly force options --they also have the ability to jail you-- they can tax you or expel you or drone you, they can force your kids into schools to indoctrinate ---they can confiscate land and money -- use eminate domain--etc etc.

I really hate it when erzatz dissembling cunts try to tell others that oranges and apples are the same thing

Mon, 06/02/2014 - 16:16 | 4817845 Ignatius
Ignatius's picture

A distinction without a difference.

OWS protesters got jailed, not the fraudulent banksters.

Your presence substantially lowers the average IQ of ZH readership.

Mon, 06/02/2014 - 16:24 | 4817875 g speed
g speed's picture

personal attacks don't make corporations and gov'ts the same no matter how hard you want them to

Mon, 06/02/2014 - 20:52 | 4818661 logicalman
logicalman's picture

They are not the same, as such, the similarity they do have is that they steal the productivity of those who actually do produce without producing anything themselves.

Mon, 06/02/2014 - 16:12 | 4817848 McMolotov
McMolotov's picture

Robert McNamara went from President of Ford to Secretary of Defense to President of the World Bank. The line between government and high-powered corporate and banking interests is blurry, to say the least.

Mon, 06/02/2014 - 16:34 | 4817901 g speed
g speed's picture

because gov't adopt corporation management styles where largeness of scale is more important than quality does not make them the same thing---

McNamara was the initiator of the arms race but he didn't do it a Ford-- He needed the power of gov't to do it--same guy different venue--different revenue stream--different customers --- just mass production to bring price per unit down--same as Henry Ford production line thinking.

Ford and Govt are not the same----

Mon, 06/02/2014 - 16:56 | 4818005 arby63
arby63's picture

Correct. And very few are qualified. Doesn't seem to matter.

Mon, 06/02/2014 - 18:50 | 4818348 Blankenstein
Blankenstein's picture

....John Corzine, Bill Daley, Rahm Emanuel (After serving as an advisor to Bill Clinton, in 1998 Emanuel resigned from his position in the Clinton administration and joined the investment banking firmWasserstein Perella, where he worked until 2002.[39] Although he did not have an MBA degree or prior banking experience, he became a managing director at the firm’s Chicago office in 1999, and according to Congressional disclosures, made $16.2 million in his two-and-a-half-years as a banker  http://en.wikipedia.org/wiki/Rahm_Emanuel) .......

Mon, 06/02/2014 - 20:53 | 4818662 logicalman
logicalman's picture

What is this line of which you speak????

Mon, 06/02/2014 - 17:18 | 4818074 TimmyB
TimmyB's picture

Your quibble about the distinction between corporations and the state is as meaningless as discussing the differences between a puppet master and the puppet. There are some differences between corporations and our government, however one certainly has its hand up the ass of the other and is controlling everything the other says and does.

Mon, 06/02/2014 - 15:29 | 4817696 indio007
indio007's picture

Taxes are only one way of wealth confiscation. The probate courts around the USA are declaring people "incompetant"  in droves. An unaccountable 3rd party taxes over. Then by hook or crook liquidates the estate to pay for "necessary medical care". Imagine someone using your own money to hire a lawyer to stop you from stopping them steal your money! It's happening daily. Obamacare is about liquidating the elderly.

Mon, 06/02/2014 - 15:46 | 4817756 Miffed Microbio...
Miffed Microbiologist's picture

Considering the average nursing home in my area is around 8k/ month,they can drain someone dry very quickly. Then when you are out of money, they transfer you to Medicare and get to live in a wonderful government subsidized facility where they see to your every need. Hopefully, at this point, you are in a vegetative state with no ability to feel pain or smell odors.

Miffed;-)

Mon, 06/02/2014 - 20:55 | 4818669 logicalman
logicalman's picture

The aged are being farmed for what they saved.

I know this from personal experience.

 

Mon, 06/02/2014 - 15:31 | 4817703 Quinvarius
Quinvarius's picture

OT: Shotgun guy from this AM in Ukraine.  His final moment was videotaped.

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

Mon, 06/02/2014 - 15:31 | 4817704 i_call_you_my_base
i_call_you_my_base's picture

"Even the pretend conspirators inside the Bildebergs are getting nervous because there will be no exceptions – including them. "

I doubt they are concerned. All that has to happen is that they don't touch capital gains and the problem is solved for them. Boehner was correct when he said increasing the top income rate only hurts actors in hollywood and professional sports players. Real rich people don't earn a salary. They will increase taxes on wage earners and still skim at their lower rates.

Mon, 06/02/2014 - 15:35 | 4817722 centerline
centerline's picture

+1.  Welcome to the hunger games.

Mon, 06/02/2014 - 15:33 | 4817711 MountainsRoam
MountainsRoam's picture

I refuse to comply, fuck em haha

Mon, 06/02/2014 - 15:34 | 4817716 Playtime's Over
Playtime&#039;s Over's picture

Well, the good part about the custerfugg that is Obamania is that the communists are out of the closet. 

Mon, 06/02/2014 - 15:34 | 4817718 Chippewa Partners
Chippewa Partners's picture

i listened to a minute of his diatribe this morning on CNBC......about puked up my coffee listening to this economic misfit..........please, keep these Parisians home!!

 

 

Mon, 06/02/2014 - 15:48 | 4817762 tickhound
tickhound's picture

I could've sworn the trend was towards robbing those with just enough to support the 'systemically important' fewer and fewer... So as for a better tomorrow.

I suppose we all need to do more.

Mon, 06/02/2014 - 15:58 | 4817801 Kreditanstalt
Kreditanstalt's picture

The governments will find that I have negligible money in an "account", in a bank or in stocks, bonds, insurance, annuities...

Mon, 06/02/2014 - 16:19 | 4817864 g speed
g speed's picture

or maybe in a S corp checking account-----but then you'd be the govt--according to the comrades on ZH---

re think the rise of the proletariat --or workers of the world unite --or forward comrades--

Mon, 06/02/2014 - 17:22 | 4818036 tickhound
tickhound's picture

Will u shut the fuck up about your stupid freaking s corp.

S corps aren't funding national campaigns or dictating and influencing agendas. Fucking s corps aren't deciding the quality of the food we eat or submitting their own analysis to the FDA. A CEO of your little s corp isn't a distribution arm of the federal reserve or included within a partnership for a drug free America or intertwined within a council on foreign relations.

Your stupid little s corp wasn't invited to bilderberg.gov

It's a small club. And no one is looking to Marie Antoinette your stupid little ebay venture. Okie dokie?

Mon, 06/02/2014 - 19:16 | 4818431 Raging Debate
Raging Debate's picture

g speed - I am rethinking it. I have put in my business plan 10% costs for tax and other attorneys and I am an 'S' corp small business.

It is a barbell economy now. The richest escape taxation and the poor have nothing to tax. That leaves the middle class as tax targets. The choices for the middle class are these:

1) downsize, work less focus on friends and family and health have less to tax by working less and living simply.
2) Plan on spending 10% of revenue on attorneys to minimize ass-raping and attempt to break gravity past $250k
3) Leave America and head to south america.

If i am going to stay in America I prefer giving my capital to an attorney and I HATE attorneys. What does this tell you about how I feel about current management in DC?

As for who the government is these days I leave you a quote from Senator Dick Durbin circa 2009: "The bankers own the place."

Mon, 06/02/2014 - 16:52 | 4817983 arby63
arby63's picture

You got that right. No direct deposit and next to nothing in a whore bank.

Mon, 06/02/2014 - 16:13 | 4817850 hwwesq3
hwwesq3's picture

Post-World War II the maximum tax rate was 90%!!!!

What is all the screaming for?  The maximum today is 36%!  Even with state, local and sales tax, you keep 50%.

Personally, I say NO taxes!!!  But I acknowledge that that means no roads, no courts, no regulation/inspection of anything the public uses, including waterways, no air traffic control, no standardization of medicines or medical professionals, etc., etc.

So, to end robbery, get rid of everything the government provides you.  I am sick to death of my gasoline taxes paying for the repair of Interstate roads that YOU drive, but I will never drive.  Make ALL roads, everywhere, in every city, town or countryside, toll roads.  Booths at the end of every neighborhood block.

BE A NO-PAY PATRIOT!!!  Demand services YOU want, but refuse to pay more than YOU like!!

Mon, 06/02/2014 - 16:38 | 4817918 withglee
withglee's picture

Personally, I say NO taxes!!!  But I acknowledge that that means no roads, no courts, no regulation/inspection of anything the public uses, including waterways, no air traffic control, no standardization of medicines or medical professionals, etc., etc.

Look at the things you enumerate ... in the order you enumerate them. You will find that "your share" to pay for those things is nowhere near 1/2 of what you make. The real problem is with the etc., etc., etc. In fact, of the things you mention, roads is the "only" thing I use. The courts are corrupt. The regulation/inspection is inept and corrupt. The waterways take little relative expense. The medicines kill more people than they save ... as do the medical professionals.

Frankly, I'd be willing to give zero government a try. But that is impossible as more than 50% of the people work for governments or are dependent on governments.

Mon, 06/02/2014 - 19:30 | 4818467 Volkodav
Volkodav's picture

Russia is 13% Flat Tax only.

Tue, 06/03/2014 - 11:44 | 4819871 withglee
withglee's picture

Looking better all the time... but again, the devil is in the details. I can guarantee you everyone in Russia is not paying just 13% tax. And 13% of what? If it's income, that's the problem. It's really complicated to define income and expensive to monitor and report it. If everyone is paying an equal share, now that's appealing. They're dealing with human nature the same as we are.

Mon, 06/02/2014 - 16:14 | 4817853 James Dandy
James Dandy's picture

Not to get off topic, but wasn't Armstrong convicted of serious crimes in the 1990's?  It's difficult to take a financial criminal seriously though he makes a good point here and there.

Mon, 06/02/2014 - 16:40 | 4817916 Canucklehead
Canucklehead's picture

You've been here for 3+ days and this is the best you can come up with?  Your comment/analysis reminds me of this article from a time before we were graced by your presence...

http://www.zerohedge.com/news/2014-05-28/ive-been-investing-january-ive-never-seen-anything-it

Tue, 06/03/2014 - 07:42 | 4819603 AnAnonymous
AnAnonymous's picture

Uh, no.

Despite being a financial criminal or because he is a financial criminal, he fails to make a good point here and there.

Mon, 06/02/2014 - 16:43 | 4817941 Q-Q-Q
Q-Q-Q's picture

Your political opinion will be as effective as throwing rocks at shadows. Prepare to be farmed.

Mon, 06/02/2014 - 16:47 | 4817963 arby63
arby63's picture

My daughter could kick Piketty's ass. What a girlie he is. Whatever.

Just remember, times are changing. The rule of law no longer applies. Fine.

Good luck to you Obamafucks who think "we" are all sitting idle. Nope.

 

Mon, 06/02/2014 - 16:53 | 4817984 Ex Cathedra
Ex Cathedra's picture

Looks like Tyler is off his meds again. 

Mon, 06/02/2014 - 16:55 | 4817995 gcjohns1971
gcjohns1971's picture

Why not?

Even the Pope says that it is moral to rob anyone more wealthy than yourself!

If someone is more wealthy, then by comparison we are the poor and justified!

(How someone who advocates robbery and murder can claim to be Christian, much less the HEAD of Christianity on Earth is simply another symptom of our debauchery.)

Mon, 06/02/2014 - 17:06 | 4818035 bullwinkle
bullwinkle's picture

Wow the only thing that surprises me is how much time I used to spend on this sight.

What complete fucking waste of time

Mon, 06/02/2014 - 17:09 | 4818041 mogul rider
mogul rider's picture

Holy Christ

Not only do we get gold and silver shitheads pumping the phys trade as the raped fools who bought at 1900 lose all hope - now we have the bitcoin loser idiots back.

christ they are zombies that never die

even the bullet didn't slow these terds down

Mon, 06/02/2014 - 17:21 | 4818077 teslaberry
teslaberry's picture

Larry Summers came out about the negative interest rates and we have see how suddenly that is introduced. He also said cash should be eliminated and we should go electronic. They will say this eliminates crime, but it is to eliminate tax evasion and fill the treasury.

 

 

NO----it is to eliminate ability of those who don't have the sophisticated and costly lawyers and banker connections to hide their assets. 

not the 99% .the 99.99%.  only the 0.01 % will benefit from a cashless society.

 

they will use 'cashlessness' to justify legalization of all blackmarkets , as then, philliph morris can cut deals with govenrmnet to buyout the cia's portion of drug running profits to the u.s. while the cia gets to keep its international ops in the developing world. 

 

 

and it has already happened----most u..s commercial transactions are now via plastic debit/credit cards and increasingly via other types of electronic transactions like 'chase quick pay', express wire services, and even more and more from new age payment services like dwalla, m-pesa, and others entering the field like bitcoin. 

 

payments in E-cash is rising, and the reality is that other than bitcoin and 'crypto-currency ' at large, it is all explicitly part of the deep state nexus. 

 

bitcoin and crypto currency obviously in not bullion , and for that reason is not qualitatively serving the function of 'hard money' in your possession. but it still seems to have an edge. and to the extent it is a giant conspiracy by the powers that be to drive people out of cash, it's going to work. 

 

the outer narative stands up regardless of any shadow narratives that may be the haunting ghosts of electronic cash. 

 

asides from ww3 scenarios, guaranteed money printing will only increase the trend for people to want gold silver, or other non-taxable money like assets---and actually act on this desire by buying them. in ww3 they will want it, but they won't be able to act.

 

however, so long as no major internet destroying war occurs, and perhaps even if it does, bitcoin is this hard-money for the internet interaction part of a person's life. 



Mon, 06/02/2014 - 17:41 | 4818143 IdiocracyIsAlre...
IdiocracyIsAlreadyHere's picture

This is all nothing but a fucking distraction anyway.  Inequality is not of itself bad - some will always have/acheive more than others - but the way it has been acheived.  Most current "wealth" is not a product of producing ANYTHING but through cronyism, transfering imaginary money around and generating more "profits" by speculating on the same imaginary money over and over again and of course having the best gov't money can buy.  I can't stress this enough - this money/wealth doesn't even exist in any real form, it is just a bunch of 0s and 1s floating out in the ether, the HFT trading scam writ large.  So many posters here complain about the gov printing press - most of this wealth doesn't even exist in paper money form, even that would be a substantial improvement.

The biggest step towards reducing (not eliminating) inequality?  Stop recognizing this phantom wealth and start valuing actual tangible assets ONLY.  See how many fake "billionaires" suddenly disappear.  And stop pretending that banksters, hedge fund managers and their ilk actually "earned" anything.

Mon, 06/02/2014 - 18:32 | 4818288 Anusocracy
Anusocracy's picture

The raison d'etre for government has always been the transfer of wealth from its rightful owner to someone who wants it.

Mon, 06/02/2014 - 18:16 | 4818234 qian liao
qian liao's picture

money is only a system of "points" anyway.  it isn't money per-se but a digital description of society's decision to pay its members for "presumed value received" and beyond that money represents nothing else.  the fact that it becomes worthless over time is not really a quesiton - it is a certainty.  www.wb7.hk - we love the new banzai7!

Tue, 06/03/2014 - 00:36 | 4819231 Seeing Red
Seeing Red's picture

WTF did I just read here?

Tue, 06/03/2014 - 07:41 | 4819598 AnAnonymous
AnAnonymous's picture

Since Piketty sees wealth in terms of zero sum gains (someone gets rich by making another poor) he believes that the suffering of the masses will increase until this cycle is broken by either:
----------------------------------------------------

Funny how 'americans' enjoy introducing what is very basic as the point of view of one 'american'.

That is why growth is so important for 'americans', they must keep showing growth as they want to avoid facing the very basic property:

in a non growing environment, the rich man's gains are the poor man's losses.

There is no other way. And this property is certainly not due to the figment of imagination of an 'american'.

Tue, 06/03/2014 - 07:45 | 4819606 AnAnonymous
AnAnonymous's picture

Robbing people who have more than you is the most dangerous trend ever?
Oh, oh, oh. Another 'american' who think he deserves any single cent he makes.

The Indians had way more land than the 'americans'. Robbing the Indians was part of the most dangerous trend ever or simply laying the path for the great 'american' civilization to be.

No kidding. 'American' intellectualism at its best. No other value than increased consumption.

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