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CHRiSTMaS WiTH KeYNeS...
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Ben really loved uncle Keynes
He'd often let Ben pull the reins
They both had great fun
But when they were done
Ben's coat would be covered in stains
The Limerick King.
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Paul really loves his new sweater
Clowns always make him feel better
His favorite is Keynes
A man with no brains
Who turned the world into a debtor
The Limerick King
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His name is Kitty Meow Keynes. The inventor of Feline Money.
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The last time it was 12-13-14 was 1914
Once again, another classic.
All politicians and economists should be required to wear clown sweaters,
as a truth in advertising thang.
William, how about an ugly Christmas suit for Klugman? I think it might match his taste and distinction;)
Got to love your rendition of "London After Midnight", replacing Lon Chaney's face with the "King of Capitalism". Too funny.
Another very relevant movie to Lord Maynard Keynes. "The Fifth Element." In this movie the Wizard of Oz is the closest representation of Keynes imaginable. Like WB7, they pile on campiness, humor, science fiction effects to hide the brutal truth.
Youtube
Keynesian Economics in under 1 minute, Gary Oldman as Keynes.https://www.youtube.com/watch?v=sKmvkIVZ5Ls
I think you mean King of Crapitalism.
Nice movie catch.
nobody even says merry christmas anymore. saying merry christmas is like saying the N word.
"merry christmas nigger" :)
Merry Christmas from Scrappy's - Dogs
https://www.youtube.com/watch?v=mqyikTegYww
Prank it forward!
Well, to tell the family secret, my grandmother was Dutch
Is that Aleister Crowley in the first pic? That symbol (which I beleive is Egyptian) on his top hat is very much associated with Crowley's made up religion of Thelema.(which was a stolen idea anyway) If you do look up that guy you will end up at Dashwood's Hellfire Club. That can lead you anywhere you want to go but it makes me think of Bohemian Grove which I think most of you aware of.
If nothing else it was a good solid hour of interesting reading. I do not know that this is what William intended for us to do and if I suggest this is in fact is what he intended then that is what is called an intentional fallacy. I can't know what he wanted us to see. For me, that is what art should do. It should make you ask questions. It is worth the effort to read up about the Crowley character if you are not already aware of what that guy was all about.
I might not be done reading yet.
Paul dabbled in the occult
The spirit of Keynes he'd consult
He was told in a trance
To help debt advance
With a system collapse the result
The Limerick King
That is just great William and LK. You two have the muscles in the back of my head hurting from laughter. Nicely done.
That's a Lon Chaney movie, directed by Tod Browning, called "London After Midnight". It's a version of Stevenson's "Dr. Jekyll and Mr. Hyde".
Thanks for the info. That is old school. I saw what I saw and started reading and went off reading on my own. That pic looked like Crowley to me. So I guess learned about some other douchebags today. I do have to read more about the Hellfire club.
WB & LK are ripping it up today.
The clown sweater and Dr. Evil kitty did me in.
The perfect Email Christmas cards for irate friends and family who I irritate with articles that challenge their self contained world view that is manufactured for them.
I'd like to think I'd do it out of concerned altruism for their welfare even though I seem to enjoy the annoying aspect a bit too much.
Nobody is perfect...
OT but wanted you to know.
Gruber update: He got a Subpoena...
https://www.bostonherald.com/news_opinion/local_coverage/2014/12/congres...
My guess is that the Committee will NOT be wearing little heart pins with Gruber's picture in the middle.
He's got a zio-immunity booster shot.
https://www.youtube.com/watch?v=7uKnd6IEiO0&list=TLQngMp_VGlQA
Happy holidays to one and all... Peace on earth boys and girls!
It's not Keynes fault. He didn't ruin the world, he just provided an excuse for those who did. Which involved misinterpreting what he said, at that.
There is no mis-interpreting. The guy was a fucking statist and made up bullshit to turn control of economies over to banksters/tribe/governments instead of people. He was, is, and always will be a fucking turd that put an 'academic' face on the fucking theft of a nations wealth for bankster/tribe members. Give it up already - your hero was a fucking zero.
Kind of like the Koran?
your debt roller coaster isnt entirely correct, that's the ride the one percent are on, the rest of us are riding the spinning tea cup ride which goes about 2 mph, its near the bottom if you look hard.
I suppose if you believe in Santa, you would also believe in the modern interpretation of Keynesianism...
Banzai, you don't, obviously, read much.
Lord Keynes believed, his economic theories represented, that governments should save in boom times and overspend in bust times. Modern fellows like Krugman believe governments should spend , run up deficits atall times. Krugman's different idea would be correctly called, 'Neo-Keynesian', as it does not adhere to Lord Keyne's economic ideas.
Lord Keynes was an economic genius; kindly please do not confuse his thoughts, ideas with contemporary intellectual distortions.
"By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
-John Maynard Keynes
Incidentally, He was also a pedophile that made his fortunes loading up on gold mining stocks.
Keynes was not a pedophile; he was bisexual but married a Russian ballerina in the 20's and gave up the homosexual relations.
He - almost alone of economists, politicians- recognised that the Versailles treaty would cause a Second World War .
Keynes was a shrewd investor and managed the portfolio of his Oxford University to such great returns that Buffet and other investors others have mimicked- even with the handicap while he would not sell into a 'down' market (because he thought that would further 'injure' the market) .
He created the Breeton Woods protocol , one of the most succeessful regimes in the last 500 years. He died in 1946 prematurely (61?) from overwork.
I don't agree with his calling gold,'a barborous relic', but one cannot help respect the man and his accomplishments if one has done any real, proper reading of history.
oudinot, that is what I used to think until I read the Wikipedia entry on Keynes and realised that Keynes' government-knows-best stimulus money-printing thinking trumped his more weakly held opinion that goverments should run surpluses in the boom times.
Wikipedia is a poor substitute for scholarship..
Hold on a second here. I need to look through some books that I keep around. Ahhh, here is Secrets of the Temple by William Greider. OK, here is Ludwig von Mises Socialism... that isn't the one I want in this case. A-ha, here it is, Mises; The Theory of Money and Credit. Have you read this book oudinot? It seems that you may have missed that one. I do find it to be difficult to ever take you seriously considering your accusation against William for being poorly read because I can assure tha this is not the case. You call it an intellectual distortion and we call it an intellectual discussion.
I will be intellectually honest with you in that is a bit of problem with Austrian School Economic Theory but it is not with the theory itself. The problem is that governement enters in to the equation. For Austrian School to work there can be no government intervention and no legislation of prices. Prices will remain stable at what the market will bear. The stock market would be boring and the bond market would be even more boring. Keynesian economics allows for the government to be involved and does so at the expense of the citizens by borrowing from a central bank that is NOT owned by the citizens. That is as simply stated as I make it to be.
I have read Keynes and I know he never intended for what has happened to happen but it has happened because people are fucking greedy. Perhaps Austrian School would not change that fact but Keynesianism enable that factor and they get wars started just like what is happening between the West and Russia through the devaluation of the ruble. Yeah, well now I have Russians who I have been freinds with for over a decade getting pissed off at me like I did something wrong. I told for over ten years to buy hard assets but wouldn't. They were going to play the game and it is not working.
I have a little Japanese girl playing with my young daughter and son right now with my Russian wife supervising. What am I supposed to do? Go give a lecture on Abe and the Japanese bond market or say read this 700 page book. No, you want to know what I will do? I will put one of my silver dimes in a 2x2 and give it to her and tell her that it is important to keep it. Perhaps one day she might become someone important. I have done this before with many children and I have given away well over a hundred ounces of silver by now. All I want these kids to do is think about it. If the statists are going to go after these children then so am I. One day in the future one of them might come back and starting asking questions. To me, it sounds like a solid investment.
mani- I am no economic scholar; and perhaps you are right , Banzai does read much history and I should take the comment back. However, whether banzai is well read or not, to bend Lord Keyne's theories into what stands for 'Keynesian' is intellectaully bankrupt as they differ, fundamentally. The contemporary theories should be called 'Neo -Keynesian' as they are a bastardisation of the original theories and should be regarded as such.
In this fashion Banzai intellectual charicature is incorrect, and leads Zero readers an incomplete, distorted idea of the man and his theories.
I do hand over silver coins to kids, one at a time. Not as an entirely altruistic gesture,rather to instill a 'greed' for the metal as those children are the generation that will need to buy our precious metals when we retire, die or just generally break down.
I will put one of my silver dimes in a 2x2 and give it to her and tell her that it is important to keep it. Perhaps one day she might become someone important. I have done this before with many children...
I do this with 5th and 6th grade Sunday School class. In addition to the time line / His-story of redemption, I routinely bring out the US '64 quarter / halves and dimes and drop them on the table next to currently minted US coinage. I then proceed with a lesson on "Face", "Intrinsic" and for the sake of the coins being used, "Numismatic" or "collector" valuations placed on the items.
I then reiterate the fact that just because something /someone "says" something it does not mean it is "factually" correct. Following it up with the "drop" test, i.e. the sound of "clanging cymbals" to the "ringing" of silver / precious metal drives the message home.
Even kids understand the lies perpetrated by Ben's boys and Janet's jokers when illustrated in such rudimentary fashion. They also enjoy the sound of such in their own pockets on the way home.
Makes for interesting conversation later with their moms and pops too.
just doing my .02c frns worth.
You are spot on. And so am I. I have thought about going back to church but I have not found that reason yet. I wonder if it might not be a good for my children becuase what I saw when I was forced to do religion was nothing but corruption. I can't do that to my children. They will have to find that spiritualism for themselves if they want to find it. The curiousity of children is immense. Little kids do not seem to forget anything. I have two of them and I know how they are. They do not think the way adults do. They do not forget things very easily. i.e. all of the cusswords I use in everday conversation. If they can remember that, then they will remember other things as well. Now if they have a silver 1964D dime in a 2x2 that just might be enough to spark an interest in economics.
One thing I have noticed about the public fool system is that they do not teach economics. You are on your own as a kid. My older brother offered some insight that got me reading now for over 20 years. I am glad he did and he did it by just giving me some PM coins when I was a kid. That is what made me read up on the whole economic scenario of the last century and I am not done reading yet. As long as you are asking what is honest and what is true then I have no problem with how you go about your way of spreading the truth.
We may not end up wealthy men but that is not the point. We will end up honest men.
Keynes was a statist. Anyone stating / believing government can optimally plan allocating resources over a / the market is in error, a paid shill or a fool. The state does not and cannot provide a pricing mechanism!
Since you are insulting William Banzai7. I will insult your chiron. Marshall Nicholas Oudinot was a poor commander, a boot licker of Napoleon and Louis XVIII.
the recession has always served as a pause which investors use to put capital to work, investors to accumulate stock, businesses to buy land, to build new buildings, and when this collateral goes to work people have jobs, and the recession isn't quite as bad as it might otherwise be, and the stock market finds a bottom, but government spending crowds out private spending, and Keynes must have known that. additionally government policies to create capital, further destroy private capital and cause malinvestment. Keynes mistake was considering government would somehow come to the aid of private capital, or that government spending equals private spending. all collateral is created equal. just about every genius who has ever lived begins with some flawed assumption. Keynes has his
Hmm...that´s the benign interpretation of the man , his life and his work.
What if he just didn´t give a damn about anything else besides himself and his interests? I guess he knew the flawed consequences of his flawed theory but just didn´t give a damn. After all he wouldn´t be around to have to deal with the conseqeunces.
BTW the quote in the upper right hand part of the page is...wrong. It should read "On a long enough survival timeline the interest rate for everyone drops to zero"
There - fixed it for you Zerohedge.
I think your monniker is spelled wrong.
should be 'idiot' - TFIFY
I respectfully disagree. Keynes was a elitist statist homeguard wartime tax collector. The rubbish he wrote actually had titles like "How to Pay for the War", published in 1940.
Now that the world is engaged in the permanent war on terror, the Neo-Keynesian are following his ideas to perfection. For those who live outside of the United States, you get to miss the propaganda how every issue is some sort of war that needs to be solved with Keynesianism. LBJ's war on poverty. Regan's war on drugs. In 2016, we will begin fighting Hillary Clinton/Elizabeth Warren's "war on women." Which will be fought with Keynesian funny money.
<------Lord
<------PhD Debt Zombie
and active pedophile, like most of England's rulers.
and several hangin' out in the USSA.
He loved the after Xmas sales with boys pants half off.
LOL.
William, you're just a conspiracy theorist.
Like LORD keynes, EMPEROR Soetoro believes that administrations should be transparent; that personal freedoms are important, and that waterboarding is torture. Barry's moves to increase national debt are simply a way of SAVING during the boom times that we enjoy (since debt IS money, after all). His political skills are beyond question, and his acumen on the links is amazing.
Of course, in the future, others will seek to corrupt his vision of the perfect global empire, and the same such will be named 'neo-Obamians'... or is it 'neo-Soetorians'?
HAIL LORD KEYNES (PEACE BE UPON HIS NAME)! (Actually, I like Sigmund Freud's cousin Bernays better.)
We are all referred to in government circles as conspiracy terrorists.
and we should all try to wear it in good health;)
At least with our artiste in residence and a few of the old guard, we're in good company.
Don't listen to that doofus.
The US government is not supposed to be involved in any of that.
The US Constitution requires the government to produce sound money in the form of gold and silver.
And, not speculate in phunny money.
The US Constitution limits the role of the Federal Government, not something seen since at least 1865 and earlier.
Nothing in the Constitution says the role of government is to save in good times or over spend in lean times.
The old saying, give a politician an inch, he'll tax and spend you into oblivion, is every bit as true today as it was yesterday.
In other words, according to politicians, its always lean times.
Ben riding a jackass... too much,ha ha
And the clown sweater could not be better... perfect!
Merry Qe Wb.
The news is revealing that the two "psychologists" in-charge of the CIA torture program actually had absolutely NO experience or education in their techniques. They simply made it all up, and were given tens of millions of dollars per person for a few years "work" The relates to Keynes because his economic model is the only thing that could allocate those resources that way. It was also created by a person with little or no training in something as equally disgusting. Specifically every child born today is expected as a slave to pay $100,000+ of debt, or be a slaver who extracts that payment.
Having your nation torture people for no gain seems to be the chosen human condition.
Paying people to do things they are not qualified to do is how modern government works.
On the otherhand, it would seem the only qualification for torture specialist is to be a psychopath.
We can all think about this the next time we are treated to a video of a CIA operative beheading another infidel.
paying people not to do things they are qualified to do is the other half, its not just farmers paid to leave their fields fallow, its M&A to buy technology Bill Gates doesn't want the competition, all funded by the wall street (statist) economic system.
meanwhile torture is an art. since modern entertainment is visceral, movies like Raging Bull i define as cinematic torture, that is long periods of beauty, sensitivity, then WHAM. and while serial killers show a tendency for this talent at a young age, they usually fail to expand their vision beyond small animals and the occassional stranger. to use a tortured metaphor