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Mission Accomplished: Stocks & Homeless Kids Hit All-Time Highs
Submitted by Simon Black via Sovereign Man blog,
Something is dreadfully wrong with this picture.
In a report just released today by the National Center on Family Homelessness, a team of academics has demonstrated that the number of homeless children in the Land of the Free now stands at 2.5 million.
This is far and away an all-time high and constitutes roughly one out of every 30 children in America.
The report goes on to explain that among the major causes of this problem are the continuing impacts of the Great Recession that began in 2008.
Funny thing, someone ought to tell these homeless kids that the economy is doing great. Of course, we know this to be true because the stock market is near its all-time high.
The Dow Jones Industrial Average now stands at 17,633, just off its all-time high.
Also near its all-time highs is the bond market, and coincidentally, the US debt—which is now within spitting distance of $18 trillion.
In other words, if these kids ever do manage to pick themselves up off the streets, they’ll work their entire lives to pay off a debt that they never signed up for.
And it all comes down to a completely perverse, corrupt, debt-based paper money system.
Yes, no matter what happens in the world, there are always going to be rich and poor. And as painful as it may be, there will always be homeless children. That’s not really the point.
For the most part, financial wealth used to be something that people had to work to achieve. They had to produce something valuable for consumers. They had to develop new technologies and be innovative. They had to take chances and in many cases risk it all.
That’s less and less the case today.
Today one’s station in life is much more tied to how you grew up. If you were born poor, you have a 70% chance of staying poor (according to a recent study from the Pew Charitable Trust).
And needless to say, if you’re born rich, you’re going to stay rich. Much of that is due to the monetary system.
In our system today, unelected central bankers wield total control of the money supply. In their sole discretion, they have conjured trillions of dollars out of thin air, and have thus greatly inflated the money supply.
This monetary inflation has created a number of effects.
On one hand there has been substantial asset price inflation. We’ve seen the prices of stocks, bonds, luxury properties, etc. hitting fresh highs again and again.
And, naturally, it’s people who are already very wealthy who own these assets.
Then there’s the other side– retail price inflation. Think ‘cost of living’. Rent. Food. Fuel. Medical costs. All the stuff that normal people need to live.
Both asset prices and retail prices have gone up.
Now, if you’re already very wealthy, you might spend as little as 1% of your annual income on living expenses, and you keep the other 99% to invest in these assets that keep hitting fresh highs.
In this case, retail price inflation is irrelevant; central bankers are putting so much money in your pocket you don’t even notice the increase in retail prices.
Then there’s the case for everyone else. People who struggle to make ends meet and have to spend 99% of their income on living expenses. If they’re lucky they save 1% of their income.
Obviously to these folks, retail price inflation eats away at their living standards. And a substantial portion of them fall out of the system entirely and end up on the streets.
Again, this isn’t intended to rant against wealth. We tell our students each year at our entrepreneurship camps– wealth accumulated by producing valuable products and services, through hard work, great ideas, and risk-taking, is pure and noble.
By creating wealth for yourself you create wealth for others, and you create progress for humanity.
But we’re not talking about wealth creation. We’re talking about theft.
This system puts money in the pockets of people who are already wealthy by sacrificing the purchasing power and savings of everyone else. The rich get richer, the middle class gets hollowed out, and pensioners get squeezed.
They have completely broken capitalism and replaced it with state-sponsored welfare for select corporations and special interests. Totally destroying upward mobility in the process.
This is a far cry from a society that’s supposed to espouse ‘freedom and justice for all.’
As a system, it’s a complete failure.
But the only reason why it continues to have such destructive power is because we allow it to have that power.
A hundred years ago when they legalized fractional reserve banking and created the Federal Reserve, people didn’t have the options that they have today.
Now, all of the tools and technologies exist for you to completely divorce yourself from this system. Or at a minimum, substantially reduce the power and influence that governments and central bankers have over your life.
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2.5mln it's much more than the army and you are asking - why usa don't care about people - too many mouth? to feed
Brilliant idea
Put them in the army
Maybe the Russians won't shoot children
Kids love video games, just hand them all joysticks to their very own drone.
All American are homeless. American is foreclosed and auctioned by the Bankers.
Perhaps, it's the taking possesssion of those assets that's going to be a bitch.
If there is 2.5 million kids on the street then why do the satanists have to keep taking other peoples children for SRA, I know all chldren belong to the state because the biological perants cannot be bothered to cancel the birth cert but with all these kids lying around on the streets of Amerika , well who would miss them .
On the subject of 'homeless'
http://www.jvpchicago.org/sites/default/files/Palestinian-Loss-Of-Land-1...
If you want to find the real problem, ask the parents of these kids how to correct their situation.
The writer of this article is a homo...
Rants all day about problems to make people feel sorry for him and others...
But yet, never offers a single solution to the problem...
That's the problem... People like the author of this piece of shit...
Hope & Change !
When you look around at your fellows do you see the raw ingredients of a renaissance of liberty?
Excellent question, and well worth responding to.
NO.
I hear a bunch of pathetic, lazy, indolent self-centered people who immediately respond to the idea of taking back the nation with replies like, 'I can't do anything', and 'I'm not smart enough', and 'The experts know what they're doing', and 'You're scaring me' and 'I'm too busy' and 'IT'S INEVITABLE'.
Kids go homeless, and wars continue unabated, and the entire world watches and hates what the former United States has become, and the police arm up with MRAPS, and the CANNIGULA overrides all laws, and the PEOPLE; they just lay back and wait and wish for their next television program or their next medication to take effect.
SURE, there are SOME, but they have no clue as to the fashion of their freedom, and are leaderless now that GOD is a DIRTY WORD.
By golly these kids arnt homeless. They are are just participating in fractional reserve housing
I guess things are gonna keep getting worse for the homeless kids, cuz Abby Joseph Cohen sees the S&P 500 at 2150 in 12mths.
http://www.planbeconomics.com/2014/11/abby-joseph-cohen-s-500-at-2150-in...
How fitting that the first negro potus hands the country to the banksters on a silver platter. FORWARRD!!!
OT-- New York cops to take guns when permit holders die:
Buffalo, New York Police Commissioner Daniel Derrenda told WGRZ. Derrenda admitted his department would be sending officers to collect pistols from executors of deceased permit holders' estates
Buffalo cops will find the weapons by matching death records with gun permits.
New York State Rifle & Pistol Association President Tom King commented, “They're quick to say they're going to take the guns."
However, King points out “They don't tell you the law doesn't apply to long guns or that these families can sell [their loved one's] pistol or apply to keep it."
http://www.wsbradio.com/news/news/national/report-cops-collect-guns-afte...
These folks should just sell some stocks and buy a house.
Fuck, folks. Is it that hard? Sort your shit out. Do I have to tell you everything?
pr0n watcher
dup
Forward !
One thing is certain; many Eastern European and Balkan nations have had it with being New York's, London's, Berlin's, and Brussels' bitches...
11.17 1500 ET: Tens of Thousands Protest Against Hungarian Government (Live Video)
Aren't the protesters against Orban working for New York, London, Berlin, and Brussels?
Like all the recent "protests".
Oh yes. Orban is a tool of the central banksters big time. He's depreciated the forint to a point where inflation is a weekly event and grocery shopping, well, it's getting down right Argentine style.
I meant that he wasn't owned by the US.
Homeless kids turn into loyal slaves...
...or cannon fodder.
same as it ever was.
We starved some folks.
just give the homeless kids stocks, and it will all work out OK.
A guaranteed basic income could solve poverty.
That is not a good idea.
Trust me.
But why not?
Why is either a criticism or a whine. As he stated that it is a bad idea then you need to demonstrate that it is not.
However you will FAIL as it is a bad idea. Socialism does not work.
Go ahead...present your case...I need a good laugh.
In every case in which it has been tried, if you give sufficient money to a poor person then they will suffer less from poverty. That is my point.
$27 trillion in banker bailouts, and you want a "good laugh" at someone entertaining the idea of a guaranteed basic income.
We spend how much on prisons? It would be cheaper just to literally hand poor people free rent for an apartment than to have to hire C.O.s and all of their bloated overtime payroll to babysit drug offenders in these horrendous prisons.
You are already under "socialism", so if you want a "good laugh" look at your police dept, fire dept, school system, prison system, highway system, parks, and military industrial complex.
We have more vacant homes in this country than homeless people, and righty tighties, heaven forbid, someone gets a "handout"! Even though the Jesus dude they talk about obsessively advocates helping the poor. Nope. That's a handout. Go work for a living. Work ethic. The most important ethic in all of humanity, even though the agrarian age is over and everything is or will be automated. Homeless people have no skills, and can't get skills, screw 'em and throw them in jails or prisons because that creates Jobs! JObs! Jobs! for correction officers! Oh boy! That's the work ethic again. 12 hour days babysitting people that hate your guts. Jobs! Yeah!
Spending $350 a month for an apartment for a homeless guy in the crap part of town. Oh man, that'll break the bank. Our country will go broke. Spending $2,500 a month housing that same homeless guy who is now an inmate in a prison, what a bargain, and it provides Jobs! Jobs! Jobs! for correction officers.
Conservatard ideology is beyond joke level.
Agree. BTW cant vote on this one.
- 40% of Working Age Labor Force doesn't work right now.
- Automation, Computers, AI, Robotics... just the other part of Outsources, Off-Shoring, or using Black Market Labor within the USA.
- And Fractional Reserve lending means "Special Privileges" for Banks allows them to create money out of thin air... then when the loan goes bad, business is bankrupt, Merger Fails... the Banks get to own the Assets. talk about Corporate Socialism....
nobody can calculate the amount of shitload in 10years when whole generations of line of products will be 100% manufacturized/packed/shipped/sold by robots.
from this point half the planet become worthless, human ressources become the main problem.
i think the worst is to come around 2035. the next 10 years will be like nothing humanity saw before, just because of technology.
behaviors will be like hunting full cart at wallmart exit with rifle.
social meltdown is close.
no riot, no revolution, masse will not rise against system, system will make mass raise against itself.
i look at it everyday.
BECAUSE OBAMA!
Stop picking on my POTUS.
You make it sound like he left his DNA on barney franks dress.... again..
Please stop it!!!!!!
Well, these are the excesses of unregulated capitalism being taken to their logical conclusion -- the richest grow ever more affluent, and the poorest are ever worse off. That this should happen under president Obama's watch, however, is a bitter pill for a lot of people to have to swallow. This is true enough.
I agree, starting right after the double hyphens. To call what the US is experiencing "unregulated capitalism" is absurd. Government enriching the affluent at the expense of the poor (you forgot to add the middle class, or what's left of it) is corporatism, or fascism, or cronyism or some other form of oppression. It is absolutely not capitalism.
You took the words out of my mouth.
I was going to respond (but, of course, in a far more coarse way).
Fucking communist dupes...
Actually you are BOTH right.
It is unregulated capitalism for the elite. For example, Goldman Sachs can do whatever the fuck they want.
And it is also HEAVILY regulated capitalism for us the sucker middle class and lower class.
SLurp! That's the sound of the super rich sucking out the wealth of everyone else. They aren't regulated.... YOU AND I ARE!
And they get bonuses & salary increases for... slowing down courts, regulators, for gaming the system, for buying congress, and for Regulation Capture.
Streamline for all and make courts & Regulators simple and affordable for the people.
Seriously. Has it ever occurred to you...even remotely...that you are on the wrong site? This is Fight Club, not a whiny drum circle.
You are fucking useless.
Someone posts a contrarian opinion to your own, and this is YOUR best response. You throw a punch then, because right now, you are the one whining. Get in there and show them why you disagree!
Magnus...
It's Not True.
There has been much "regulation" of the so-called Capitalists..
The regulators have made sure that no actual competition took place and that the Kingpins of the so-called Capitalist system were free to do as they wished.
Think about this for a second:
There are likely upwards of 400 MILLION Intel based PC platforms out there in the US.
There are likely 400 Million roadworthy cars in the US today.
Here is a list of available, easily maintainable, business-interoperable, commercially supported Operating Systems:
MS WINDOWS
I could not list out the options on cars without missing a few (or more) so i'll leave it out for brevity sake.
Ask yourself: Does this situation look/smell/feel anything like what Free Market Capitalism might look like?
I could go ON and ON, example after example.
Nobody really gives a fuck.
It's so bad here... They can't even find a motivated American Ivy-League candidate to put on the FED Reserve Board... They had to go recruit a fucking Canadian to fuck us over..
Like I said before, we are reaching peak retardedness and something is gonna give soon. Like a drunk redneck at the controls of the "El Diablo" Ferris wheel. Ya can't watch...
But you can't stop watching...
Cause you know it's going caddywampus real soon...
I think the over or underregulation debate is just a big side show, the fact of the matter is that in the areas where EVERYONE I am fairly certain would agree there needs to be regulation, which is policing fraud, ensuring transparent prices, robust accounting standards, etc., there is none.
Regulation is irrelevant when it is not applied in a fair manner, or when there are zero repercussions. When a company lies, and that induces you to buy stock, there should be aggressive contractual remedies available. Debates about over or under regulation in this environment are meaningless. Even if you could pass some sort of Platonic ideal set of regulations, our government has shown that it will only enforce them in the most irregular and corrupt manner possible. To those who think these problems relate to an "underregulated" market, just look at the actual consequences which occur when a company or (rich) individual violates these rules. Plus, look at the US tax code, it is a labyrinth of regulation exceeding the length of I believe every tax code on earth. The problem we have is (a) stupid regulation, and (b) zero enforcement of the obvious shit, like fraud.
+1
Where is the Bill and Melinda Gates foundation? Oh yeah they made the pledge and still have more than ever before. What happened to charity Bill and Melinda? Oh yeah charity starts at home! We get it. Hope you like living in Africa!
Funny if true why they allow so many illegals to flood in? Maybe next they will propose eliminating childhood labor laws and reap the rewards of this largess. Third World country here we come.
Miffed
Bullish on tiny tot coal miners, and canaries.
Canaries are too expensive, use children. Much cheaper...
Plus the tunnels can be so much smaller.
Profits!!!
The purpose of the Ovomit progressives is clearly to weaken and destroy Christian America. If you don't believe that, you are ignorant, uninformed, and you are part of the problem.
Starve The Beast!
Pot calling the kettle black, eh?
The purpose of the Ovomit progressives is clearly to weaken and destroy Christian America. If you don't believe that, you are ignorant, uninformed, and you are part of the problem.
Starve The Beast!
Tell me why that matters?
Religion is the origin of all this idiocy
It brings to mind Johathan Swift's "A Modest Proposal"; feed the children of the poor to the rich.
Third World country here we come.
We have already arrived.
The thing that is so amazing is that they believe that these illegals, who were probably homeless in their native land, should have a home here payed for by you. That's quite a racket. We should all just show up in some other country, with no job or anything, and expect to have a house.
We need more Shanty Towns is USSA -- to make the Homeless, the Poor, the Weak, the Diseased, and the Uneducated feel more welcome in USSA. It's the PC thing to do, so they won't feel inferior. As long as they get their Walmart EBT cards, so they won't steal from the rich, it's all good. /s*
* For those who need an explicit Sarc tag.
We don't need them on the farm.
Too bad all this fine machinery did not come along two hundred years earlier.
We could have picked our own damn cotton.
Damn right, Miffed.
We are that close. I keep looking for chickens in the street.
Well, we haven't got endemic leprosy, open sewage/ garbage pits wafting stench across the land replete with feral rabid dogs and dead rotting corpses floating down rivers as people bath so, actually, I still have a little hope.
Miffed
@ Miffed;
I would be interested in a study that defines the racial makeup of these new 'homeless children'.
Do you THINK...
Good point. I was pondering this as well. Very hard to draw conclusions without these critical demographics doncha think? Personally, in my line of work, I see certain ethnic group represented in the majority of cases but this may not necessarily represent national trends.
I will say it is tragic to see these young people with some frightening diseases today rarely encountered even 10 years ago. Sometimes I hate going to work and seeing all of this day to day knowing I am powerless to stop it.
Miffed
More recruits for the neo-cons' ReadyReserve.
"Now hiring tyranny." "Beat all that you can beat." "We want you--to go steal and kill for us."
"Prevent another Bundy ranch." "Be the cutting edge of tyranny." "Only you can prevent freedom."
"We'll give you guns so you can take guns." "FEMA camp staffing is 24 on and 48 off."
"You could learn to dig trenches with a backhoe." "Must be able to shoot a rifle downward at least at a 45 degree angle."
An American, not US subject.
"Impoverish them with tyranny. Then use them for more tyranny."
ReadyReserve Info: http://www.freerepublic.com/focus/f-news/2485607/posts
I know you all want to believe this, I would like to believe that the "War on Poverty" has been that much of a failure and I do believe that THE STATE IS an abject failure at any fucking thing they touch but 1 in 30 is a streeeeeetch. Now give the Kenyon 2 more years on the current trajectory and yea, I can see it.
An easy way to interpret the pols', crats', and funcs' declarations of "war" on anything:
Article 3, Section 3 of the Constitution reads:
Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort. No Person shall be convicted of Treason unless on the Testimony of two Witnesses to the same overt Act, or on Confession in open Court.
So just substitute, as I do, the word "treason" for "war."
The "War on Poverty" becomes "The Treason on Poverty."
An American, not US subject. I'm also "Witness One."
"I don't know much about spades, but I do call treason, treason."
I still live with my parents which is the only reason why i'm not out on the freezing cold streets right now, ask me a question.
https://www.youtube.com/watch?v=DI7pPVJTeSY
As to the VIDEO: This was a warning. Targeting was easily aquired, and the dupes on the ground thought it was 'cool'.
There are not enough homeless people - and that is why were are not at DOW 320000.
We need more homeless people in the streets, obviously. Your 401k is depending on it.
Let's redesignate areas under highway overpasses, inside train tunnels and sewers as "homes", so that we can solve this homelessness problem once and for all. Similarly, living in your parents' basement drinking 24 oz cans of Coors Original and watching TV can be designated a "job".
and ketchup is a veggie again
Don't forget Congress' favorite vegetable: Pizza.
Mickie D's hates it when I rollz in; stock up on those little veggie packs for a month. Bitchez!
In its majestic equality the Law prohibits both the rich and the poor from sleeping under bridges.
"Similarly, living in your parents' basement drinking 24 oz cans of Coors Original and watching TV can be designated a "job"."
BlS is all over that!
This is a war of words as much anything else. There is power in defining those words and embuing them with positive or negative sentiment. We should stop putting down the fact that generations are having to live together and start to use it as a strategy. We should be promoting everyone to scale down, stop buying into all the consumerism and debt enslavement that perpetuates this criminal system. There is more than one way to bring it down if we work together.
Try this 'war of words' when you are sitting under a bridge freezing your ass off, and afraid to sleep because someone else will steal your shoes.
So your solution would be to give up in that situation? We can never give up, you fight where you can and in every way you can. In that situation I would refuse to take on the labels being forced on me for a start. Those of us jolted into reality since 2007 know how easy it could have been us on the street. We have to stop looking down on people, we have to stop playing victim too. The myriad of personal reasons that contributed to where we ended up are meaningless now unless we take personal responsibilty to target the real problems and real criminals perpetuating the fraudulent system. We all have work ahead.
"Iran has opened a new gold processing plant, reportedly the biggest in the Middle East, hoping to double its production of precious metals. Using a unique technology, Tehran says it will now mine up to three tons of gold per year. Iranian TV reported that the opening ceremony was attended by First Vice President Ishaq Jahangiri.
The new facility is located near one of the country's richest mines, Zareh Shuran. It is located 35 kilometers from the city of Takaab in northwest Iran, in an area where gold, silver, and mercury are extracted.The gold ore reserves of the Zareh Shuran mine are estimated at 20 million tons.According to authorities, the plant’s production can reach three tons of gold per year and thus can double the total of Iran’s gold production.
Worth over $31 million, according to IRNA, the plant will use a new technology which was created in Iran.
It is expected that the plant’s gold production capacity will soon reach six tons per year. Silver and mercury productions are expected to hit 2.5 and 1.5 tons, respectively.READ MORE: Russia and Iran discuss ‘oil for power plants’ deal
This implementation is part of the so-called "economy of resistance," which Iran's Supreme Leader, Ayatollah Ali Khamenei, introduced in February.The policy includes domestic economy building with maximum utilization of the country’s resources, as well as the promotion of a knowledge-based economy and innovation. The ultimate goal is to become the No. 1 knowledge-based economy of the region."
http://rt.com/business/205863-iran-gold-plant-economy/
:) There are only approx 21M BTC available for mining. Gold....?
And these are just the published figures. They don't even know how many people are really un(der) employed.
yellen's response?
kid, count on your inheritance ... save $$s ... get an education ... start your own business
the disconnect off the chart
USA now has a caste system this is the hope and change.
is it possible that most children are born to welfare familes and they wont work and cant afford the unsubsidized portion of their rent?
If it is assumed (by liberals primarily) that blacks and latinos are underpriviliged and that NYC is a great sample set for all America (just ask any New Yorker) then youse be right!
http://cnsnews.com/news/article/michael-w-chapman/nyc-more-black-babies-...
Though this is a problem, it is only a drop in the bucket compared to corporate welfare and actually costs more to police than fix. Why concern ourselves with crumbs when the .001 are running off with, not only a loaf of bread, but the whole means of producing loaves of bread?
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson
Government is not reason; it is not eloquence; it is force! Like fire, it is a dangerous servant and a fearful master.
George Washington
Foodstamp president.
"We have suffered more from this cause (paper money) than from every other cause or calamity. It has killed more men, pervaded and corrupted the choicest interests of our country more, and done more injustice than even the arms and artifices of our enemy." - Daniel Webster
1929, 1972, 1998, 2000, 2007, 2011, and the past year: Extreme valuation, lopsided bullish sentiment, overbought conditions, widening credit spreads, and at least some aspects of deteriorating market internals – have been observed in unison.
http://investmentwatchblog.com/1929-1972-1998-2000-2007-2011-and-the-past-year-extreme-valuation-lopsided-bullish-sentiment-overbought-conditions-widening-credit-spreads-and-at-least-some-aspects-of-deteriorating-market/
Despite all this debt, how the middle class is getting squeezed, despite the costs of millions of undocumented Democrats, and corporate tax shelters resulting in absurd effective rates - despite crumbling schools and a national healthcare plan that is little more than a cash grab by .gov and the largest insurers...
Any Congressman who dares suggesting some kind of debate before giving Israel furrther hundreds and hundreds of millions will quickly be smacked down.
Ask Beto O'Rourke
http://forward.com/articles/206542/how-the-israel-lobby-set-beto-orourke...
4,000 organized Jews, concerned mostly for Israel, have managed to "punish" a Congressman for being somewhat fiscally responsible.
The Forward can crow about it, and no doubt will soon have articles talking about how criticism of the Israel Lobby is "anti-Semitic."
p.s. I'll add that we shouldn't be giving money away to Egypt or Palestine without debate, either. But that's the point - you'd have a debate then.
I'd remind ZHers and Zionists, that Palestinians are more Semitic than the millions of faux-Jews from USSA and Europe -- whose DNA lineage might be in question as to their Semitic purity.
It is simply GLOBAL ZIONISTS (a POLITICAL ideology and movement), who are conning us, or trying to: These ZioCons are hiding behind the Front of Judaism. I say: "Out the Fuckers! Out these fraudsters, crooks, sociopaths and war criminals that they are!"
High-function Gypsies?
Watch it bootscum, you are out as easy as a light switch when dealing with the Jooosss.
I cracked the code theres 13.5x as many pedos as jews.
Things are dreadfully right for Wall Street and Washington.
You might think I'm suggesting that they want homeless children and no middle class - and you'd be right.
Well if you are a globalist, then you know a middle class is not an option.
If you a capitalist you will fight to survive and not give a shit about anyone else.
If you a socialist act like you care but don't have the IQ to do a damn thing about anything.
If you are a realist, you quickly realize what a fucked up place we all created and have to make a choice to deal with whatever comes our way. and then become a denialist.
Give what you can and can what you get.
Or you could be a populist and implement a policy that might help the lower 50% of the population currently with little or negative wealth and saddled with high debt. High debt being a drag on income from the costs of debt service disproportionately borne by the poor. Debts drag on the economy could either be solved by opening the fed's discount window to main street (by which I mean everybody with the exclusion of wall street), where it would do the most good (inflationary effect moderated by a per capita limit to borrowing and by closing the same discount window to wall street). Under such a scenario debtors could refinance at the rates now enjoyed by banks while banks, unable to use the fed as they currently are, as the lender of first resort, not last, will have to court depositors once again, and might actually offer a real return for the average savings account. Another possibility would be a general (or perhaps limited geographically) forgiveness of debt, such as in an ancient jubilee.
"If you are a realist, you quickly realize what a fucked up place we all created and have to make a choice to deal with whatever comes our way. and then become a denialist."
WRONG.
You become a REALIST (if you weren't one already), and your REALISM is simply positively re-enforced. if you were a REALIST, you do NOT become a DENIALIST. THAT would be like one who deals with reality suddenly seeing everything in a negative light for no reason (a 'PESSIMIST'). a TRUE realist sees both the optimistic AND the pessimistic sides.
Plan for the ABSOLUTE WORST CASE SCENARIO, and when something marginally better happens, then be pleasantly surprised.
History informs us of this: Government, being nothing more than a syndicate of theft and violence, can only produce poverty, misery, death, and lies. Any evidence to the contrary is temporary and delusional.
An American, not US subject.
Open ToysRUs 24/7 - win win.
Republicans just need to overturn R v W.
They’ve got the numbers.
They need to bring back the Glass-Steagall Act.
But I doubt that will happen, seeing that they sponsored its repeal in Dec. 1999, and hoodwinked Clinton into signing it (who had only weeks left in office). Note that its chief Sponsor, the Republican Sen. PHIL GRAMM of Texas (another 'fine' Texan, a la Bush and Enron style) later became a Board Member at UBS. Coincidence? I think NOT! I'll wager that that FatCat does not have to worry about FATCA.
So BJ Clinton was "hoodwinked?"
Screw R v W! They need to STERILIZE them Welfare bitchez and crack whores.
Ditto for violent fellons: Cut their balls off, and serve it in Prison Stew!
[indignant Kirk]
Uh, not sure R v W is a law passed by Congress. I think it was judicial tyranny, maybe the worst case of such.
Not that a politcal body couldn't pass a law, but that would take some backbone, something in short supply in our politicans.
sschu
blame the LIBTARD system that subsudizes baby mommas who play the system and blame the stupid fucking leg spreading useless twats that hatched these kids.... stupidity has a price and society promotes it and pays for it
GREAT SOCIETY and trillions wasted .......> homeless kids .... thanks LIBTARDS
Whoa, easy there. All these single moms can’t get high paying gigs like Bristol Palin, yo!
Yep.. and it wouldn't take ISIS much to convince those kids to go and Behead Wallstreet !!! would anyone stand in their way ??? (crickets )
Listen.
Stocks & Homeless Kids. What a correlation! For sure.
How about correlation between:
The Number of people who died by becoming tangled in their bedsheets.
"AND"
Total revenue generated by skiing facilities in the US?
It's "FUCKING" spot on! Correlation: 0.969724
http://tylervigen.com/view_correlation?id=1864
See. Hear. Listen Bitchez! The strange is getting stranger.
Genuine smile, thx
Post hoc ergo propter hoc
It bodes the elites of these lands well that the average joe doesnt understand from where, or how his monetary existence comes from, or how he uses such medium to live his life, from birth till mother fucking death.
Because when the hundreth monkey is reached, average joe will extract a payment no mother fucking money changer could ever re-im fucking burse.
He is just going to do just what natural law always said he would. Its natural, its life, average fucking joe is going to kill you where you fucking stand. No one, not even average joe likes being taken for a mother fucking mug, till he understands why.
Average Joe, isnt average, the fuckers immortal, and hes coming. You money changers have been warned, far too many times to mention. Average Joe is just finding out.
Dog himself better help you, no one else could you cunts, and average joe wants a fucking word.
;-)
I've been seeing advertisements around everywhere for "Braintree Payments", a PayPal subsidiary. The advertisement words:
"We're here with you from your first dollar to your billionth."
"Payments that innovate with you."
Fuck me. Fuck them. Good heavens, what this world has turned into (yet again).
Take some of that dirt from your mouth and spread it on your garden, it'll at least be understandable.
Mix96 can't do what you ask. That is the way he really is because I have conversed with him outside of ZH. It really is his dialect and he peppers it a bit I know but so do I. Men swear and cuss and a good woman does to too. No one else on the Hedge writes like he does so keep that in mind Sir. Mix really is a good guy.
I got one in mind Mix96. I will write it here on this thread. She'll be a volume of course but it seems some people like my volumes once in a while if I can do a good job of it. Hope you are well brother.
That problem's easy to fix. Change definition of a "child" to 9 months or less after conception and add uterus to list of acceptable habitats. Voila! No more child homelessness!
"
Mission Accomplished: Stocks & Homeless Kids Hit All-Time Highs"
Yeah, but think of all the Warren Buffetts, and Jaimie Dimmons we have in the pipeline.
Q4 GDP to be downgraded. 1.1M pounds of pretzel dogs recalled. http://wp.me/p4D9x8-4T
You have more homeless children than hookers xD
The system should have failed in March 2009. But it was put on life support and the cadaver is still breathing.
Can we harvest its organs? I'm ready to pull the plug and gut it.
If we're going to harvest its organs, I propose that we douse them in gasoline, light them on fire, watch them burn to ash, scoop the ashes into a bag, weight it, and sink that motherfucker to the bottom of the Marianas. Metaphorical or not, I want all remnants of this cadaver consigned to the depest pit humanity knows.
Don't go west, build a guillotine, young man, and make things better right where you are.
An American, not US subject.
A viewing of the films "Inside Job" and "Margin Call" will bring clarity to your grasp of the forces driving this country into a socio/economic catastrophe.
Questan1913, if you liked those 2, you'll like this one about quants: https://www.youtube.com/watch?v=OINqYdkhOAw. Ties in very well to "Margin Call" about trillions in paper relying on a single equation.
Incidentally, CNN Money (aftermarket quote) has the NASDAQ at -100.02%. lol
Class warfare? I mean, with all the "Deflation" going on!
Class warfare? I mean, with all the "Deflation" going on!
Depression is depressing for many, and good for a few.
How many of those kids were imported from Central and South America?
Got not one - but two of my 'early Black Friday' 15 handle silver orders in today -- and yes, my stack has reached an All-Time high too - at least in number of ounces!
However, what impressed was how well the delivery people were dressed -- but as I opened the boxes I realized that the chilly temperatures give new meaning to the phrase -- COLD HARD CASH!
I'm having trouble believing anything I read anyore. I can only go with what I see out there. Foods is going up, people aren't eating steak anymore, they are downgrading personal menus.
With all the empty homes waiting to be sold, you have to wonder why kids are homeless while so much money is spent on a 5th generation fighter. Oh yeah, I forgot, we need it to protect ourselves, I just don't know from what yet.
How do these acedemics know that number is accurate? Maybe there are more, maybe there are less. Do they go out there counting noses? Somehow I doubt it. Do these academics send in someone to help these kids or do they try and help them as they count them?
I don't know if that number could be accurate in the Northern states as they would freeze to death, wouldn't they?
Meanwhile some women are making millions showing off their ass and gaining fame by being in porn movies. I guess the moms of these homeless kids don't have a million dollar asses.
There are a lot of thoughts about this going through my mind.
A lot of doubts.
I just don't know what or who to believe anymore.
The loss of respect is the driving force .
Loss of Respect scuppers all .
See
https://www.academia.edu/9354151/The_Economics_of_Disrespect_
Or
http://andreswhy.blogspot.com/2014/11/economics-of-disrespect.html
I thought we only got homeless news when there was an (R) in the WH. The progressive's war on the family has wrought this. For 60+ years they have used the courts and FEDGOV to usurp parental authority and the bond of marriage. The progs used their control of media to push the single motherhood theme and normalize the single parent home. Fathers are always depicted as being bumbling idiots instead of being the competent provider. All forms of perversion and promiscuity is depicted in a positive light. They tore down traditional morality and replaced it with situational ethics and moral relativism. It is no wonder than society is crashing all around us and we are ruled by utter reprobates.
Rev 22:15 For without are dogs, and sorcerers, and whoremongers, and murderers, and idolaters, and whosoever loveth and maketh a lie.
Whoever wrote the above, wasn't far off and how would one describe the current situation?
Another translation: "Outside are the dogs and those who practice spiritism and those who are sexually immoral and the murderers and the idolaters and everyone who loves and practices lying.’
Maybe they do not have their own home, but it doesn't mean they are not living in a home or apartment.
To me, homeless means without shelter.
Mind you academics also twist definitions to support their own causes, whatever that may be.
Nonprofits are the hidden deep state, never mind businesses and/or the 1%.
They must be using the "if they do not live with their father" metric.
I had a gang of very young bangers hanging out in the parking lot one day.
I went out and asked them "Who is your daddy?"
That fucked them up worse than their daddies checkbook.
You should try that if you want a good laugh.
Trouble .
See
http://andreswhy.blogspot.com/2013/04/social-collapse-to-below-family-le...
They will never have respect for anything .
Loss of Respect scuppers all .
See
https://www.academia.edu/9354151/The_Economics_of_Disrespect_
Or
http://andreswhy.blogspot.com/2014/11/economics-of-disrespect.html
posting glitch ...
The younger you are, the more you are being lied to, cheated, and robbed by the political system you were born into, since young poor people inherit nothing but public debts inside of the money-as-debt systems, which are inherently structured to run away to become debt insanities. OBVIOUSLY, the established systems are set up to benefit rich old people, while screwing poor young people.
When things get bad, it is always worse for the most vulnerable, like pregnant and lactating women, and their unborn or babies. However, on a deeper level, one could say that is the only practical way that human beings can resolve their problems, at the present time, due to the profound levels of collective ignorance, trapped in vicious spirals of expedient sets of solutions making the problems worse!
The double whammy paradoxes are that our problems are being resolved through the maximally deceitful death controls, while the only realistic solutions would be better systems of death controls.
You are the good sort of crazy, sir. I would like to suscribe to your newsletter.
But I believe a popular movement for debt relief, a kind of modern jubilee could depotentiate the need for "death controls."
I have no "newsletter," ApparentlyAPseudonym.
I agree with you that some saner solutions to the runaway debt slavery generating debt insanity situations would be through DEBT JUBILEES, especially with regard to the the most odious debts. However, it is my opinion that the banksters' preferred plans tend towards the mass murder the public, since that is what fits into the banksters' overall agenda, rather than any sort of saner DEBT JUBILEES.
Since the banksters do everything they can to keep their debt slavery systems going and growing, and therefore, work hard to drive that debt slavery to generate numbers which become debt insanities, that become mathematically impossible for younger people to ever be able to pay, those banksters are driving everything towards the banksters' ideas of how to resolve that problem, which is through mass murders.
I do not see any reasonable ways to "depotentiate" what the established systems of the banksters are making happen, without some series of political miracles, manifesting as enough people understanding their real situation enough to be able to organize to effectively change the ways that they are suffering inside of sophisticated slavery systems. Of course, most of the people whose articles or comments get published on Zero Hedge are working towards the goal of attempting to educate enough people enough that the banksters' systems could be remedied in some better ways. However, so far, there are no good grounds to believe those efforts have accomplished much, while the established systems already exist, and continue to automatically make things get worse, faster!
I WISH that I could believe in any kind of reasonable hope for the future, however, I am currently only able to maintain irrational hope for the future. There are plenty of indications that the problem of homeless children will continue to get worse, while the stock markets based on more and more "money" made out of nothing as debts blast off of the Earth, into a space beyond caring about flesh and blood human beings, because nothing matters but the numbers surrounding that "money" made of nothing, to use to speculate with, becoming orders of magnitude greater than all the flesh and blood people combined.
Inside of social systems based on legalized lies, backed by legalized violence, the real lives of flesh and blood people who are young and poor have become insignificant. The established systems only care about their financial numbers, despite that those numbers have become NUTS! So far, other than proposing some political miracles to bootstrap us up, there does not seem to be any practical way out of the Catch 22, double-bind paradoxes throughout our politics!
I would like to create a conversation, then eventually a movement, a populist movement based around the widespread cancellation of debt. A "Bailout for Main Street." Otherwise, yes, a return to a mileau of a rentier controlled economy based on capital concentration of wealth will prevail. And they have gotten very good at making weapons.
The sales of guillotines needs to be at all time highs.