THe PeoPLe'S KeYNe'S...

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[Otto Zitte]

IQ test: The captive Dr. Tim Leary or ballwasher Krugman?

[ShakaZulu]

Keynesian Historical Timeline:

1913 Federal Reserve established

1914 WWI

1929 Great Depression

1939 WWII

1950 Korean War

1963 Kennedy murdered, Vietnam Conflict born

1971 Nixon goes off gold standard

1990's Gulf Wars

2000's Moar Wars

2015??  WWIII 

[Pool Shark]

+1

When all is said and done; the greatest mass-murderer of the 20th & 21st Century will turn out to be a British economist...

[radiobomb]

$3000 / 10 yuan ..... nice touch WB7

[Son of Captain Nemo]

Not only was he shitty on the subject of "money creation" but he also was butt ugly!

Well done B

[blindman]

http://www.youtube.com/watch?v=oEJza1-4zRk
Matthew McConaughey tries to pronounce "fugazi" the right way.

[blindman]

http://www.youtube.com/watch?v=iQC2_NJj2iA
Taj Mahal - Fishin' Blues

[blindman]

note to self ......
so what is the point? it is creation of liquidity,
stupid. the economy, the money system, the point.
when "soveriegns" have been captured they are fed
on in monopolistic and corporate fashion for control,
dominance and power. the power extends globally
and is supported by the capture of the "sovereign nation"
and it's capacity to justify debt creation upon
respective populations, this should be comical.
power is a very powerful and
an all, nearly, encompassing term. it certainly includes
skimming and destruction/seizure of assets and property.
.
aahhhh.....
.
did you see this?
http://www.navytimes.com/article/20140919/NEWS05/309190077
Abuse scandals prompt Hagel to examine military's links to NFL
.
oh, what, really?
.
WEDNESDAY, DEC 12, 2012 11:10 AM EST
7 absurd ways the military wastes taxpayer dollars
If you thought the Petraeus scandal was embarrassing, wait 'til you hear how much is spent on military golf courses
LAURA GOTTESDIENER, ALTERNET
http://www.salon.com/2012/12/12/7_absurd_ways_the_military_wastes_taxpay...
.
thanks to the miracle of modern communications
you can read the updated story, as it has evolved
today, providing you have a strong stomach.
do the search ....ahhh ....
anyway poems ......

[blindman]

".
Mike Silva: And when I realized that nobody had any idea how to respond to
that, I went into the bathroom and threw up. Because I realized this is it, it’s just
this small group of people, and right now at this moment we have no clue. I never
want to get close to that moment again.
.
Jake Bernstein: Silva told his staff that this was a very powerful experience that still
influenced his thinking. And you could hear that in the recordings after the unusual deal
came down late that Friday afternoon involving the overseas bank, Banco Santander.
What upset Mike Silva about it was that it seemed like the entire purpose of the
transaction was for Goldman Sachs to help Banco Santander appear healthier than it
actually was.
All banks have to keep some capital on hand. The more deals and loans they do, the more
capital they have to keep around, as a safety cushion, in case things go bad. Santander
was under pressure from its own regulators back in Europe to hold more capital. And this
deal with Goldman Sachs helped solve the problem for Santander. Not by giving
Santander more capital, but by taking stuff off their books, and putting it onto Goldman’s
books. Having less stuff meant Santander needed less capital. Mission accomplished.
One Fed employee likened it to Goldman getting paid to hold onto a briefcase. And as
best as they could tell, Goldman was paid a lot: at least $40 million with the potential to
make hundreds of millions in the end. Mike Silva referred to the deal this way.
.
Mike Silva: It’s pretty apparent when you think this thing through that it’s
basically window dressing that’s designed to help Banco Santander artificially
enhance its capital.
.
Jake Bernstein: To be clear, the deal appeared to be perfectly legal. Silva knew that. But
still, he wondered, did they want banks doing these sorts of transactions in the future? If
this kind of deal took off and became more popular, could it be a problem?
And in a sense, this is what you’d hope a Fed manager would be doing in the aftermath of
the financial crisis. Mike Silva learned about this new kind of deal that had come into the
world –one with potential risks that they didn’t fully understand yet. And he set his team
to work scrutinizing it.
Carmen and the others began to pore over documents for this complex transaction, which
had tentacles in Brazil, Spain, the US and the Middle East. And one of the things that
caught Carmen’s eye was a short paragraph that the banks had written into the agreement.
It said that Goldman had to notify the Fed about the Santander deal and obtain a, quote,
“no objection.” In other words, it looked like Goldman was required to get the Fed to
officially sign off on the deal, before it could close. Maybe because Goldman and
Santander worried that regulators might find this new kind of transaction hard to
swallow. But now the two banks had closed the deal. Did Goldman satisfy that part of the
contract? Here’s what Mike Silva had to say about it.
...
..
.
Brian Reed: I mean the obvious question from what you’re describing is: is that
regulatory capture?
.
Carmen Segarra: You know, if that isn’t I don’t know what is." ....
http://www.thisamericanlife.org/sites/default/files/TAL536_transcript.pdf
.
and then there is political and monetary capture, oh boy .....
public finance has been doubly perverted to accommodate the feeding
tendencies of the squid corporation people and their whims. harsh realities
are manufactured here to enable the enablers, like spiders feeding
to extend their webs and bundle their eggs, spider web toll booth
economy dead ahead. as usual
anyway poems .....

[Pure Evil]

Thank the heavens for Keynes Little Red Book!

[Billy Sol Estes]

Those chinese are so ecstatic they are employed!

Why can't we have that luxury in the US?

[the grateful un...]

i wonder how many chinese nationals obama naturalized last night in his speech?

[Thom_333]

What difference does it make at this point!!

Actually Hillary´s best line. Can be used like one of those Japanese Furoshiki ( a cloth to wrap up things in and carry them away).

I use it a lot now a days. Like when I get critized for not pulling out in time. Or not paying the groceries...or. When the other party starts harping about how I should  rectify any consequence i just say that´s a hypothetical situation , close my ears and walk off. A smile will also help.

[Thom_333]

At least those Chinese are height-weight proportional. Why not go the full Monty in the U.S. and put the population on chairman diet. A bowl of rice and some soy beans a day. Everey other week som veggies. When it´s Thanksgiving a very small piece of some kind of fowl.

Actually - I think it would improve public health way more than ACA. For real.

[layman_please]

i'm not sure about the health improvement. isn't it better to dilute all the GMO with some other shit? wood pulp and plastic or what have you you have in your "organic" food is still a diversity.

[DaddyO]

because Obama...

DaddyO

[williambanzai7]

[dexter_morgan]

I had read that Johnny Keynes liked the fellers over the ladies though, is that not true?

[lasvegaspersona]

_{a diary released last year supposedly showed his scorecard. He was a rigorous record keeper going back to college days. It, if the code is correct did show a liking of the boys.}

[KnuckleDragger-X]

But he did love his wife which confused several former boyfriends...

[the grateful un...]

i assume one is the wife and the other the mistress, and it looks to me as though the mistress has his ear.

[Manipuflation]

That is a good one William.   The price point accentuates it nicely.  I see that you are getting into the Christmas spirit already.

[philipat]

But shouldn't it be two little boys?