This page has been archived and commenting is disabled.
Deutsche Bank: "People Are Talking About Helicopter Money And Debt Cancellation Being The End Game"
If Deutsche Bank's Jim Reid is right, what just took place overnight from the PBOC is just a pleasant start and an enjoyable dress rehearsal of what is about to take place. Where it ends is precisely where we have said it would ever since QE1 was announced in March 2009.
I had a few meetings yesterday and one of the biggest surprises I had was that for the first time in a long time people were talking about helicopter money and debt cancellation being the end game. This was a major theme of our 2013 long-term study but one that we've struggled to get much traction with over the last year. Perhaps there's an increasing weariness that more QE globally whilst inevitable, is a blunt growth tool and that stopping it will be extremely difficult (let alone reversing it) without a positive growth shock. Maybe Japan's move this week in delaying the further sales tax increase and the economy's adverse reaction to the first increase reminds the market how difficult it might be to actually pay the bills with real money. As we said earlier this week it could be that the last few days marks the first steps towards monetization. Anyway, this is not something for today or tomorrow but the fact that different clients brought it up independently of each other makes me think that's its starting to get into people's thoughts.
Indeed it is, as we warned last September in "Bernanke's Helicopter Is Warming Up" and yet everyone will be shocked, shocked, when the playbook that was clearly revealed by Ben Bernanke himself in 2002 is finally implemented:
... A broad-based tax cut, for example, accommodated by a program of open-market purchases to alleviate any tendency for interest rates to increase, would almost certainly be an effective stimulant to consumption and hence to prices. Even if households decided not to increase consumption but instead re-balanced their portfolios by using their extra cash to acquire real and financial assets, the resulting increase in asset values would lower the cost of capital and improve the balance sheet positions of potential borrowers. A money-financed tax cut is essentially equivalent to Milton Friedman's famous "helicopter drop" of money
- Ben Bernanke, Deflation: Making Sure "It" Doesn't Happen Here, November 21, 2002
»
- 59567 reads
- Printer-friendly version
- Send to friend
- advertisements -
...people were talking about helicopter money and debt cancellation being the end game.
Cancellation of whose debt?
The debt you owe me, The Treasury's that I own or Treasury's that the Fed (already) owns?
"Cancellation of whose debt?"
Start with mine. Seriously, me first.
Forget it. Bankers only ever take care of Bankers. Especially the Tribe..
We are entering the post-jobs society where we realize money is just a bunch of digits in a computer, and we have control of the computer.
All this debt is someone's asset.
Banks know this. Their only product is selling debt (which is created out of thin air).
Helicopters are never going to come.
pods
I beg to differ Pods. The helicopters will come, but they will be black.
They already fly around my house, but they are silent and cloaked, so most people cannot see them. :)
Wait, have you seen the video of the Apache flying around some people plinking in the desert? lulz.
pods
Talk like this makes me think the Iraqi Dinar folks are not as crazy as I think. It would have a similar effect.
That is fine as long as the helicopter dropping money stays above my house longer than above my neighbor's. ;)
Time to switch from the green money to the red money.....and then do it all over again.
My significant take-away from the article is the fact that DB even admits to an "end game."
I'll just throw some more gold in the sock drawer....who knows what these crazy bastards are going to do?
I'm looking forward to Bernanke's next book: Equality: Making Sure "It" Doesn't Happen Here.
Print, print. Then, go to war.
So, you better be ready. We ain’t seen nothing yet, compared to when it (PTB) turns really ugly.
Here’s how (the canaries that will be telling you), I believe.
Currency Debasement and Debt Cancellation
US Navy under attack
By the way:
War starts in Europe, first. Then, all bets are off.
US revolution starts when the dollar is NO longer the Global Reserve Currency
Until then, enjoy these peaceful times.
if the public 'in mass' actually took the money drops and applied them towards paying down debt it would cause mass deflation.
I don't call that 'deflation.' I call it healing the real economy.
It's OKAY for banks to fail! Let 'em fail. FAIL, BABY, FAIL.
And bring the banksters that rob depositors to justice.
you realize your parents will be moving in with you after the failures right? LULZ
and they'll stay with you while they await justice LULZ
if anyone truely wants to heal the economy, then they would devise a plan where bank money is replaced, in phases, by positive money.
Worry about deflation….. I call it healing the real economy.
Astounding!!!
The problem is our believe system, stupid!
The cancer (growing population) were led to believe that the mirage created by our economic system, forms of government, religion, education, and private money were real. As if these human creations were sort of some kind of divine intervention.
Well…. They will become desperate, soon, as all these mirages turns to be illusions.
And the population, especially Americans and Europeans, are not prepared for the coming societal breakdown.
Here’s an easy example to grasp:
Margrit Kennedy on Usury [serfdom]
If Joseph the father of Jesus would have invested one penny at his birth at 5% interest, and Jesus would have returned to the same bank in 1990 - at the time of the German unification - he would have been able to buy, with the money accrued in the meantime, 134 billion balls of gold of the weight of the earth, based on the official price of gold at this time.
This shows mathematically that the continual payment of interest and compound interest over a longer period of time is practically impossible. And explains why we have economic and social breakdowns.
http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCAQFjAA&url=http%3A%2F%2Fwww.converge.org.nz%2Fevcnz%2Fresources%2Fmoney.pdf&ei=YEUlVJKWN9CUsQS8qoG4Cw&usg=AFQjCNE5OvSWx2rSJhlyngc1nFrJFgV_1w&sig2=JFevCL8UtTx3uDHNC-ScJg&bvm=bv.76247554,d.cWc
thanks
Your thinking is clouded by Club of Rome propaganda (e.g., Limits to Growth, Agenda 21, oligarchical "sustainability" bullshit). It's a sophisticated, extravagantly mass-marketed capital misallocation rationalization (con): an attempt to hijack real reform by couching it in terms that continue to benefit the people who created our present fix. A bit of travel helps to gain perspective. All the "population crisis" rhetoric is nothing when you see just how truly small we are and how large the planet is. Suggestion: focus on international banking and you will recognize how deceitful these psychopaths are and how their attempts to redefine our values really aren't intended to serve us at all. In matters of oligarchy, skepticism leaves no room for selectivity.
I understand your point about accrual of interest. But let's acknowledge that collapses are likewise another phase of the cyclical con. Booms and busts are different sides of the same coin. Without central debt-based banking, the imbalances would never occur. The real money is humanity. The real hyperinflation is in people who are slaves to the debt system. Human beings are another manipulated commodity.
"The Limits to Growth continue to be the closest to what is actually happened, as you already quoted above, Seer:"
-Radical Marijuana 5477738 about 8 hours before your comment Lore
So I conclude you would suggest that Radical's "thinking is clouded" LULZ
Yeah, it's generally recognized that the original publications were simplistic, biased and 'salted' to serve elitist political ends. And nothing's changed since.
The guy's nickname says it all.
Oi!
:-)
Don't take shit like that too serious. The warrants are assholes. When they were flying over the AA they would torque the rotors and attempt to blow over the portapotties, and they would do the same thing when we were trying to set up cammo.
"Cancellation of whose debt?"
Hey Pods....the wealthy and banksters already "got theirs" via QE I, II, III and IV stealth....complete personal refinancing by securities purchases, equity and cash bonuses....and best of all derivatives....all tax-free!
Remember?
Reality Check: A "helicopter drop" for the 99% is what, a buck-twenty?....done.
No skin off the 1% asses...it will be paid for by the 99% eventually anyway, right?
The 1% brings a new dimensional meaning to the word "rape".......they will always win...until guillotined.
Exactly!
So, let’s enjoy these peaceful times.
It’s about to ‘start’ getting very nasty… for the 80%s.
How can you tell?
"Everything should be made as simple as possible, but not simpler" -- Albert Einstein
Your (just follow these) homework
World Population 2010: 6,866,054,281
World Population 2013: 7,098,495,231. Increase of 2.2%
Non-OPEC less US (Peak) oil production 2010: 67.3 Million Barrels a day
Non-OPEC less US oil production 2013: 65.9 Million Barrels a day. Decline of 2.1%
World Population 2012: 7,020,760,225
World Population 2013: 7,098,495,231. Increase of 1.0%
OPEC (Peak) oil production 2012: 32.429 Million Barrels a day
OPEC oil production 2013: 30.198 Million Barrels a day. Decline of 6.6%
See the problem?
“… all OPEC nations. The only big surprise was that everyone had declining production except Libya and Algeria, that is according to “secondary sources”. -- Ron Patterson
http://www.census.gov/population/international/data/idb/worldpoptotal.php
http://peakoilbarrel.com/eias-international-energy-statistics-2-2/
http://peakoilbarrel.com/opec-momr-october-production-data/
http://www.calculatorsoup.com/calculators/math/percentage.php
There will be a second cold war:
http://deutsche-wirtschafts-nachrichten.de/2014/11/21/britische-ex-spion...
Tyler should carefully read this thing!
The Russians do not understand the Google translation.
Much less Chinese.
Germans and Europe are likely to remain warm without gas, radioactive, this winter.
We'll all be fucked in the summer.
: - /
The English version.
Wow. Great link.
Thanks.
Listen.
I was like, "yea, he's going to say swans"! But no...
+1 for having the sack to say "Listen" yet again.
How big of a sack do you need to sit and type anonymously behind a keyboard?....Really?
Listen Dr.
I'm not big on physical exams. Can I pass on that?
Bangalore:
Everyone here is very delicate.
I like Brazilian call you Troll and motherfucker.
No hard feelings, I hope your boss pays you decent amount to hear such a thing.
Go target practice to kill a few innocents in Gaza, Afghanistan, Iraq, Ukraine etc.
How can you knock and reddie Bangalore for this comment?
It's his best yet!
Bangalore Ecouts
/s
You're right, they'll never come
Cause all the banks are about to go "Full Lehman" now and nobody can bail them out now.
Here comes the Big Reset instead!
It's almost like they want us to think that they are going to do this to get us to go back into debt?
I am sure this conversation was NOT heard in a major bank:
pods
Except banks don't have debt as an asset. They service promissory notes and collect VIG. Once people figure that out, pitch forks and torches. Cancellation of debt would mean no viggie. Ain't gonna happen.
Debt cancellation by bankruptcy. Of course there will be some 'minor' problems when that happens.
"You cannot hedge debt risk by owning more debt."
- Antal Fekete
When one is morally bankrupt, financial bankruptcy is just a technicality.
Tick, tock, tick, tock...
the bankster who suggested that plan swiftly realized his tremendously hideous error and then decided to commit suicide by nail gun, slashed his throat from ear to ear, and then threw himself off the top floor of the JPM building.
Once he smashed into the concrete at terminal velocity of 120 mph he then threw himself under the oncoming bus just for good measure. Luckily for him there was a can of gasoline handy and some matches, so he self-immolated just before jumping into his Mercedes and sped down Wall Street at 135 mph which caused his engine and transmission to explode out of the car as he rammed head on into a palm tree.
He then pulled the .45 Colt out of his glove box and blew his head off.
He finally passed away quietly having atoned for his sinful suggestion of cancelling the people's debts and he now resides in hell as Satan's little bitch.
Damn! Dude was harder to kill than Rasputin! Er, I mean to say, gosh what a dedicated suicide effort!
I want to read about the one that has a shaving accident with a circular saw.
Moar Please?
Elliot, never speak ill of Rasputin!
The last he ate, the Duchess of Alba has just died with a happy face:
http://i2.wp.com/arquivo.hardmusica.pt/livros/20120125015431_9L16O6G0932...
hehe.
http://www.gifsforum.com/images/gif/clap%20clap%20clap/grand/clap-clap-c...
Palm tree? On Wall St.?
Yeah some trader was forced to take delivery.
That was a sneaky reference to Michael Hastings who was murdered in L.A. with a car bomb in his Mercedes and they said it blew up from bumping into a skinny little palm tree.
IRS agent #1: so the banks are considering canceling debt.
Agent#2 so this will be considered taxable income...
Agent #1: We didn't buy all those hollow points for nothing!
Agent#2 Bingo !!!
Tell me when to start holding my breath.
"All this debt is someone's asset."
You mean "astronomically-inflated" asset that has been paid over and over again via QEI, QEII, QEIII and QEIVStealth....
It is peanuts to pay off the 99%'s personal debt (also inflated)....sorry to say.....
The rich always do this when their "intel" says they are about to be sliced....think French Revolution and the New Deal.....
Its a "bone"...literally, since the 99% will pay for it down the road....again.....
P.S. If you think by my comment that I favor the idea, NO! I'd rather see the banksters cough up every penny they stole and more.
There may be helicopters but they will not be filled with cash--they will be old 1960's choppers flown for the last time filled with witnesses of those who expose the fraud and corruption at the very top--such as ----say--the mostly fake war on terror funded on both sides to benefit the war profiteering financiers and MIC:
http://www.foxnews.com/politics/2013/05/10/families-fallen-navy-seals-in...
http://www.theblaze.com/stories/2013/05/09/lies-and-deceit-see-what-the-...
Where it gets interesting is if CB's just forgive all the Treasury debt. The BOJ is buying ALL JGB's. So if it were to cancel all that debt, how does that work on a GAAP basis? The "Money" is all out of thin air anyway so does that all just disappear into the ether and we start all over again, all jolly and happy? It kind of feels like that is going to be the next stage of the Global Ponzi....?
That was my thought about the only thing that they think will work. The FED acts as a big debt extinguisher. The only problem with cancelling that debt is that you would upset the balance sheet, as the funds created to buy that debt are still out there. In other words, the hyperinflation fuse would be lit.
pods
Ah, you've got that backwards. If the Fed zeros out (forgives) an asset which it owns (Teasury debt), the corresponding liability (bank reserves) is zeroed out as well. This would be massively DEFLATIONARY, as the banks would see their reserves vanish.
How would the FED extinguish a bank's reserves? Member banks OWN the FED.
pods
What if the member banks cease to exist?
That's how debt's extinguished, unless you bail them out, of course...
Good point cs. It will always be the case that:
Assets = Liabilities + Equity (ALE)
So if the Fed were to cancel all the Treaury debt ($2.5 Trillion approx) which are Assets, then liabilities and/or Equity must fall commensurately so that the Balance Sheet still balances. The Fed has hardly any equity so it would have to be mostly from liabities, including Bank reserves.
BUT those reserves are booked by the Banks as "Assets" and there would be a corresponding reduction in liabilities, in this case loans from the Fed. So the net result would just be less "Liquidity" a reduction in the size of the Balance sheet at BOTH the Fed and the TBTF's. Not such a bad thing as it makes the equity ratio stronger? In other words "Money from thin air out is just as easy as Money fron thin air in"?
Of course, the reduction in liquidity in the system would mean that the Fed would start QE all over again from a new lower Balance Sheet base. Which I am sure they would be happy to do so long as the Ponzi is propped up for a while longer?
Any Accountants here? I know how to run Companies but the Accountants always lost me as they debated "Credit X, debit Y"!!
The treasuries appear on the Fed's balance sheet as assets. They're just digits on a computer. If they insist on it balancing, Treuasury can mint a 1/2/5/10B coin and pay them with that.
Phili
the problem isn't the debt in that case it is the cash introduced into the economy that can then contribute to hyperinflation. They can buy shitty, nonperforming asset to a point, then the value of the currency comes into question and the next thing you know people are exchanging paper for whatever they can get.
"We are entering the post-jobs society"
When can we enter the "post-beheaded 1%" society..?
Imagine...no debt, use value parity, "real" productivity and celebration of everyone's differences with relative civility....
Reward good....if it's not possible, then humanity is not possible....maybe its time to really try.....
...Nahhhh, fuck it! Nuke 'em!
Your Loving President, Ike
To all fiat currency owners knee deep in debt, lets make Christmas of 2014 the biggest final liquidation bash there is. Enjoy shopping spreeing while the dollar still has purchasing power. Im sure the 1% in the usa like Buffett and fink are using their us dollars to buy hard assets right now.
I mean who cares if you have 10k of debt or 1mn of debt when this entire ponzi collapses, you gonna have to work as a slave for life anyways. So its alMost tHis time of the year again to see the sheep shoppers fighting with each others at walmart over the doorCrasher one hundred buck 50 inch tv that was made in China.
I have no debt but seriously need to consider taking some on.
^ And right here is why these types of stories are put out there.
pods
possession is 9/10th of the law
http://definitions.uslegal.com/p/possession-is-nine-points-of-the-law/
max out, buy metals and run
in a nutshell that is what the banks are doing but on a much bigger scale
they will all default at the end of the day, taking care of their own with anything of real value they get their hands on
"I have no debt"
Here, here! We do things right and look what happens? The asshole, deadbeat, gluttons are rewarded and we lose the opportunity cost value of a lifetime...
Makes my blood boil!
Dream on, churls.
My sailboat is in Replevens. I countered the suit by telling the Judge based on the Consumer protection act the debt was bad and banks were actively working against my long term ability to pay it off. Based on consumer fraud law I could not sell the boat because doing so at current prices would simply pass the bad structural debt, which I knew was bad, on to someone else and that the actual value was about half what the bank suggested meaning giving them the boat would make him complicit in the selling of bad debt.
The banks lawyers asked for a summary judgement and at the end of the hearing the judge said he would issue a decision in 10 days calling the case "novel." It'll be 60 days without a decision on Tuesday.
Fuck you US Bank.
100% Jubilee. All debt owed needs to be cancelled. Or will be cancelled in a currency collapse.
"According to biblical law, the Jubilee is only observed when all twelve tribes of the Jewish nation are living in Israel, as is derived from the verse
'And you shall sanctify the fiftieth year, and proclaim freedom throughout the land for all who live on it'
which implies that the Jubilee is only sanctified when “all who live on it”—meaning, all who are meant to be living there—are in the Land of Israel."
Well then, it would appear that that day is not too far off.
https://globalpoliticalinsight.files.wordpress.com/2014/07/palestine-los...
WHAT IF YOU DON'T HAVE ANY DEBT? sORRY GUYS, BUT MY PARENTS LOST THEIR HOME DUE TO GAMBLING. i HAVE ALWAYS PAID OFF DEBT AS SOON AS MY POOR LITTLE PSYCHE COULD SCRQABLE.
SO, YOU GUYS GET YOUR DEBTS WROTE OFF? wHAT ABOUT ME....YOU KNOW, THE SOOLID FOUNDATION OF THE MIDDLE CLASS.....DON'T YOU HAVE A GIFT FOR ME, SINCE YOU'VE JUST SKINNED ME FOR PROBABLY HALF MY ASSETS.
what about me?
Your treasuries won't get cancelled- you will get slightly used helicopter money for every dollar of principle. You just won't get those dollars first is all.
You funny guy!
Not yours of course. Do you think the Grubers of this world are that stupid? The only cancellation of debt will be of the Fed debt by pushing it directly onto every SSN (with some minor exemptions)
After all people are cattle or apes. Sometimes they vote. Like good voting cattle. But that doesnt get them out of their financial obligations. Just ask the libtards how they feel now when the great ACA plan has been laid out to them in great detail by the Harvard Dr. Gruber. Just tell them to go to youtube before those vids are taken down.
In Iceland a special bank tax will pay for mortgage debt reduction for home owners to compensate losses suffered in the 08 crash.
It has already been implemented and the banks have already started paying. Glitnir bank may sue the state to try to recover the funds in question and the argument for that is that they find it to be unfair to be forced to pay taxes.
http://www.google.fr/trends/explore#q=debt%20cancellation
Nearly every year ...
Uh... cancelling that $4 trillion IOU, i.e FU.
The point is that unless all debt is cancelled there will be no recovery. Debt cancellation is not a new idea as it has occurred throughout history. For example the Pharoah that built the Great Pyramid so indebted his people building it that he was facing a revolt and ended up cancelling the debt to stay in power.
I'd like fractional reserve banking cancelled, what's wrong with that?
https://www.youtube.com/watch?v=jyQrz0Otj2M
Exactly! First of all not everyone's debt will get cancelled. and Secondly, those who are chosen will be chosen simply because they help align and keep power in the hands of the already tremendously wealthy and "debt cancelled". We're screwed.
Now they get it : Unilateral debt cancellation organised by the Central banks in all of First world.
The only question now is who pays: who wins, who loses.
If these government shills have any morals it will have to be the Oligarchs. If they don't it will be future generations and the Pensions...
take your pick.
You pay, you lose.
Even more troublesome, "People are talking about nail guns."
I'm out there ever damned day telling people about nail guns. You think that kind of idle chatter just starts on it's own? I've been running a whisper-campaign for over a year. Seems to be working, finally,
Self promotion is just good business.
It could be real guns.....
Debt cancellation?
One more reason there's never been a better time to buy a home, 97% financed.
You’re probably correct.
Although, I’d rather have the paid off house now because debt cancellation means saved currency, pensions, 401K’s, social security, etc will be lost….
"...a bird in the hand..."
Whoa there. It won't be straight out debt cancellation. If you have assets, any assets, they will go in the pot, especially houses.
Letters of Marque will be issued and bounty hunters will be employed to collect the assets. And "regrettable" mistakes will be made.
This is why you need to be armed.
What's the point in it then? Better to just let a deflationary collapse happen ... all the collateral still goes to the top creditors, but they can just use market forces as an excuse.
Declaring a structured jubilee is more orderly. The timing and terms would be known in advance by TPTB. People in debt with few assets would know "who to thank". It would be a public rejection of "the market" which is a good step towards a "new" system and a new American ethos.
I dunno. This isn't jubilee or canceling debt to me. Giving tax cuts to the middle class and mailing out stimulus checks which will end up servicing debts to the banks, isn't "cancellation". More like stringing an addict along. In the end, jubilee and true cancellation is what they want to avoid at all costs.
That is why it works. People think that this $$ is printed up and mailed to them. In reality, an equal amount of debt is created to offset this "free money."
When the only product you sell is debt, everything looks like it should be financed, even free money giveaways.
pods
thats exactly what will happen if there is a big push to 'helicopter money' through checks in the mail. Sure, some people will go out and blow the money on stupid shit like they are supposed to. But, many people will use the money to service, or pay off debt, which is why banks will encourage it, especially CB's. The govt borrows money from them in order to mail out to the plebes, who will then use that money to pay off debts owed to the same banks the govt borrowed the money from. Genius!!
The "people" are not going to get "helicopter money."
They are going to get chits to the company store.
And the chits will have a "use by" date.
I need a new barn. Can I get my chit now, please?
You'll get a coupon good for 15% off on a Chevy Volt and like it.
Offer expires 12/31/14.
Oh please, oh please, oh please hurry up and do it, I've got a sandwich riding on this. I only hope that the buyer has a big enough wheelbarrow to push his fiat ot buy it.
When we first made that bet I thought it was, to be honest, not all that interesting, really. Turns out this is getting VERY interesting. If I'm right it might end up looking like I pinned the ace at 1000 yards, mere seconds before everything crashes hugely and inexorably back the other way.
I think what I'm saying is that our little wager might just be a bet on TEOTWAWKI.
Well if that time comes this might help:
http://www.amazon.com/To-Serve-Man-Cookbook-People/dp/1880448823
Not condoning, just trying to help. :)
pods
green pucks are good enough, I'm not fancy
Will never happen
What exactly do you think is going to happen to the US Treasury debt that the US Fed printed money to buy and still holds?
What exactly do you think will happen to the US Treasury debt that the US Fed printed to buy and holds forever?
I wonder if/when the debt gets cancelled that the humans will start acquiring unlimited amounts of new debt again.
No, Merikans lern from there mistaces..... lolololololololo
Well, lenders will be a bit more hesitant to issue debt, so probably not.
What is incredible is that we are talking about these actions when GDP growth is positive, rates are at record lows and markets are at record highs.
Central banks are acting like the world has ended and we are in major, unrelenting deflation and depression.
‘when “WE ARE BEING TOLD “ GDP growth is positive’
These aren't the droids you are looking for.
Coming up, QE 4 once it's realized the economy is weaker.
Japan's on QE 9. Print until the currency dies.
Cancellation of debt = cancellation of currency.
Just watch.
It's ultimately a choice: cancel claims on wealth (the creditor of the debt) or create enough wealth to satisfy the claims. Because we cannot do the latter, it's the former.
I would just cancel everyone's mortgages and that should do the necessary Reset.
That's not fair on people who don't have mortgages or any other type of debt.
Haven't you heard. People that are debt free are to be rounded up and sent to re-education camps. In this environment, being debt free is considered unamerican and a danger to society. The fedhats are all over this one...
;-/s
fair? hahahahaha, that's novel
Have we figured out how a bankster slits his own throat from ear to ear?
haha ... with a blunt rusty nail , me hopes.
Rain:
Ocean fish, a sardine.
Hanging on the clothesline in the sun, sticks his ammunition with lead in it (sardines), waiting to rot and stink.
Puts the comb or the drum, where to catch gives generalized infection, the fucker is going pro bag.
I learned this from a German SS who was a priest.
hehe.
Have we figured out how a bankster slits his own throat from ear to ear?
Yes.
http://www.youtube.com/watch?v=Y39MjhVrf_Y
You start with a few lines of coke then you have somebody hold your beer after you tell them to watch this.....
Sounds like 'Jackass' reruns, but worth watching. Blankfiend could play the midget.
Nail gun must of had full auto on.
Banzai:
The same way they create money "out of nothing".
hehe.
Must we all look at the world through the view slit of a survival bunker? It seems that half of the chatter on ZH these days is about stockpiling ammunition and gold coins. How did one of the most prosperous and advanced nations on Earth accumulate such a large population of frightened and angry people? ZH is a bubbling stew of hatred: hatred of central banks, hatred of fiat currency, hatred of government, hatred of elites, hatred of the poor.
There has never been more access to knowledge. There has never been greater freedom of communication. Where is all this hate coming from?
From knowledge.
Zero Hedge isn't very representative of American society though. I would say most Americans are pacified and apathetic. Most of their conversations are about ball games on ESPN, their latest escapade at the sports bar, some stuff they bought at Walmart, and gossip about work about how much they hate their boss or subordinates. The older folks tend to talk about their latest doctor's visit, what meds they are on, some coupons they clipped out, and they won $100 at the casino.
You bring up any of these topics mentioned on Zero Hedge, and almost no one on main street America cares, or they are so ignorant about the topic at hand, that they fallback on regurgitating talking points that they might of overheard from a neighbor or something. Their discourse is unoriginal and bland at best.
I come to ZH because it's fun to hear different perspectives.
I am one of your very few upvotes by the way, not that I agreed with your post, but at least you had a different perspective. MASTER OF UNIVERSE answered your post a lot better than I could have though, lol.
Excellent. But some conservatives are just as focused on Sports as they are on good values. Personally I don't follow sports.
But some conservatives are just as focused on Sports
You've been here how long.....and yet you've learned nothing. Your real enemy will always agree with you and come dressed in your uniform.
Sorry you misunderstood. I should have included all groups in that statement: Jews, Liberals, Democrats, Libertarians... Blacks, Asians, Hispanics, Mentally Challenged, Wall Streeters, Blue Collar Workers, White Collar Workers.
Oh and Police Officers & Government Soldiers.
oops... I mis understood 9th Floor.
I thought he said Conservatives, but he said something else like conversations.
No, I don't remember what I was saying.
Fear.
Listen.
The anti-Bangalorians!
Listen. In US we don't know much about Bangalore. We think of Calcutta where people cut off their own limbs to increase their own earning power as Beggars.
But hell the Damn English changed names of your cities and made everything confusing. Except Pondicherry and Goa.
You forgot hatred of the ZOG
I have been lurking here for years and have not felt the need to comment to a post until today. At least Robotrader and MDB were foils who made you back up your thesis. What have we done with knowledge the ;ast 100 years? Let me tell you something, we have created a dystopia. Do we live longer, is there less disease, do we work less, are people kinder, do people care more about neighbor, is there less hungry people? No, so you my friend are an idiot so keep sucking up to the oligarchs.
Lets think about the renaissance period after the dark ages. This period gave us Leonardo da Vinci who created wonderful works of art and scientific inventions that stand the test of time. Juxtapose this with today where a cross in a jar of piss counts as progress. Not to mention the increase in the commons mans standard of living during the renaissance. So I guess Mark Zuckerberg and face fuck count as progress in your pea brain.
This is fight club bitch!
To the downvoters I wear these votes as a badge of courage as I always speak truth to power no matter the cost. You can learn much from a simple goat herder.
Plus one for attitude. I thought your Avatar was named since you herd the Goat. You guide the misguided back to the Light.
Well anyway... Simple people offer simple solutions to those that are confused.
You "always speak truth to power", though you say this is your very first post here?
does not compute.
goatherder:
Brazilians in the region that I and most of my family are agritultores, understand well what you say.
Already some time I try to instill some heads without us there is no food.
Kids nowadays know that milk comes from canister.
Potato bag toys are manufactured in parateleiras.
Food in the restaurant is made and money is printed at ATMs.
hehe.
Goat:
:-)
Better keep lurking Herder. The answer to all except one of your questions concerning the past century is an unqualified 'yes'. Unless you're talking about goats of course.
You start with..."Must we all look at the world through", and then you finish
with "Where is all the hate coming from"? Listen up, Kantbelieveit, you have this thing called a central nervous system that engages in perception of the world from a vantage point that is relativistic from a perspective of
Relativity Theory and others. You perceive the world through interpretation
of sense experience, but if you have no experience and no theoretical world view to guide your perceptions you will only be able to experience the world through a very narrowminded view that is likely not shared by people that guide their perceptions and judgements through a much wider world view of a multiplicity of relativistic viewpoints. In brief, remove the rose coloured glasses you are wearing and realize that all that "hate" you are worried about is to be found in your own fucking brain. And when you refer to comments made by Z/Hers please do not begin a characterization with the words "we" when clearly you meant to ask Z/Hers why _you_ "look at the world through a survival bunker".
NOTE: You view the world through a slit in a survival bunker because
you are operating from a limited education and a lack of essential knowledge of how the human brain actually works. Pick up a first year textbook on the Biological Basis of Behaviour from any university Psychology course outline in the nation and you will find the answers you are looking for. When you have finished that you might want to consider looking at Sensation and Perception from the perspective of Psychophysics in the domain of Experimental Psychology. Either way you are going to be downvoted util you realize that most on Z/H do not share your belief system whatsoever.
+1 MASTER OF UNIVERSE
You sound like you should run the ISIS brigade of executioners. An absolutist view of who you and "your belief system clique" are.
There are more and more Spanish inquisition minded deniers here than there are balanced minds; who can tell simple factual truths from some indoctrinating bible of "essential knowledge of how the brain actually works; as seen through a psychology lens".
What utter popycock of holier than thou BS. Sounds like Mein Kampf for the psychology nerds.
I hope you were being tongue in the cheek. Lol !