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Remember The Meltdown of 2008? It's different this time...
h/t @RudyHavenstein
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The most deadly sin of America is Fiat Money backed by Military violence, courtesy of the Fed Reserve.
"Greed is good"
Gordon Gecko... Bernie Madoff & Jon Corzine
Does greed and lust count as one or two?
I always considered them separate things, although I often practiced them at the same time.
I know there's only seven deadly sins, but shouldn't 'criticizing Israel' be somewhere on the list?
Is it part of Admiralty law? Or maybe it's just prohibited by the Constitution? No, that's not it...
Law of Physics? Manufacturer's warning label? CNN Employment contract? That doesn't sound right either. Well... it's something really bad. Just don't do it - or ELSE!
Or else you'll be branded an anti-semite. oh wait... shit.
Funny how Libertarians parrot the socialist hebe media's line that everything bad that happened under Bush was his fault, yet Obama is blameless a because 'he is just a puppet'
And that there's no difference between commi/fascist america hating obama's pollitical agenda and the conservatives.
Practiced greed and lust at the same time
You mean like cheap hookers?
In DSK's case?......Duryeah!
I am mad at my 401k statement because fidelity didnt put all my money in APPL. Now I am going to move it all to someone who will because it is just going to keep going up and up and up buahahahaha!!!
I am mad at my 401k statement because fidelity didnt put all my money in APPL. Now I am going to move it all to someone who will because it is just going to keep going up and up and up buahahahaha!!!
It's actually a good question. The Protestant reformers renumbered the commandments; lumping the ninth "Thou shalt not covet thy neighbors wife" in with the tenth, "Thou shalt not covet thy neighbors house, servant, ox..." as part of the change in moral theology blurring lustful thoughts with greed (this was peripheral though, it was a new way of defining greed, and allowing usury that lay at the heart of the Protestant revolution).
The answer is, they count as two, they've always counted as two vis-à-vis the ancient seven contrary virtues: Humility, liberality, chastity, meekness, temperance, brotherly love, diligence.
lol . I'll gladly pay you Tuesday for my Mc Mansion last Saturday.
The problem is you cannot get rid of greed. You have to harness it. Real capitalism under equal application of the rule of law provides the framework for such a system. The whole thing is underminded by sloth. Around and around she goes.
We're up to at least eleven by now. America may be number one, but it goes to eleven.
It's one MOAR, ain't it?
Luckily the Government stepped in in 2008 and not only saved the day but enacted legislation that guarantees things like that can never happen again...........
And put those responsible behind bars...
Yes, very good point. I can't believe I had nearly forgotten about that........
Well then we should just put aside our misplaced cynacism and stop paying such rabid attention to such matters.
Pass the peas...
LOL.
Maybe even "2008 part deux" would be preferable to this sort of meltdown - http://www.wallpaperswala.com/wp-content/gallery/mushroom-cloud/mushroom_cloud_blast_in_city.jpg
A distinct possibility if the "West" continues to "poke the Bear" . . . .
The sin I commit the most is pride. My favorite is sloth. Wrath is very dangerous for me to indulge in, because of how much I enjoy it. The others are secondary concerns.
Wonder how many here are aware of what Wendigoes are purported to be?
The 21st century Wendigo doesn't actually consume flesh personally. He/She has soldiers, cops and various other minions of state sanctioned entities to perform that function.
Oh, and flesh is no longer the preferred delicacy.
Today, the freewill of independent souls is that which is most sought.
What say you, wendigo?
I know what Wendigos are and agree with your analysis.
Let's just say I chose my handle carefully.
Algernon Blackwood, British writer of atmospheric unpleasentries, wrote a great "ghost" story on the Wendigo set in the Canadian wilderness at a hunting camp.
Schoolteacher, eh?
Fed reserve/Central Banking is numero uno.
problem is, those that so abundantly provided the first six have equally denied us the 7th. sheeple just want their feed.
Steal. And then steal some more. And then steal some more. Seems to cover all of the above.
Here's how I see it, steal $100 you go to jail, steal a billion or two and it really looks like no jail time.
Where's the cartoon of Brad Pitt freaking out? What's in the box? WHAT'S in the BOX?!?
Wrath should be show live and in prime time... If it isn't cancelled first.
1. We murder people in foreign lands to defend the dollar.
2. We murder people in foreign lands to defend the dollar.
3. We murder people in foreign lands to defend the dollar.
4. We murder people in foreign lands to defend the dollar.
5. We murder people in foreign lands to defend the dollar.
6. We murder people in foreign lands to defend the dollar.
7. We murder people in foreign lands to defend the dollar.
(As far as the people actually in the U.S., I'd say the dumbing-down and distraction techniques used by The Powers has been executed perfectly.)
right, executed to terminal and perfect
failure.
WE murder people in foreign lands to make a quick buck or a billion of them
"We murder people in foreign lands to defend the dollar." - Glad you said that. SPOT ON! The truth!!
the only reason the dollar is worth anything is due to the reason people are still willing to work for them in the private sector.
On slinging the word “Fiat.”
Our money system is private bank credit. When you go to a bank, you are hypothecated on a double entry ledger. They size you up and down and then monetize you. A loan is created right then, and the money comes from nothing. This is Credit as money. One can call it FIAT if they want, but that is not an accurate term. Again, it is private banker credit, but really it is your credit in what is a slight of hand con.
When government wants money they can tax away credit as money that YOU hypothecated into existence. You created this CREDIT when YOU went to the bank to make a loan. This credit as money refluxes to double entry ledger during its accounting cycle. When it goes back to ledger, it decrements numbers and then vanishes from existence.
The bank doesn’t have money to loan you, they create it from nothing. They do not take money from somebody’s savings to give you a loan. Have you ever had you savings account depleted to give somebody else your money? No, of course not.
Think of paying back your former credit as a drain, something like a bathtub draining. And add of credit money supply is when people take out new loans. When you pay back your loan, the usury is front loaded – a giant gift to for profit finance that simply did keyboard entry. Housing bubble was a large add per unit time of private bank credit, which then chased an asset class (land/housing). Later, when wages could not keep up with the asset inflation, money supply collapsed with too much credit drain. Collapse means people stop making new loans, and the cycle goes into unwanted positive feedback. Instability is part of the design.
If government doesn’t want to tax away what you created with bank hypothecations, they can allow themselves to be hypothecated. In this case, they issue a TBill (which is really a bond) and that finds money already existing in the money supply. A TBTF bank may make a loan to itself and buy the TBILL on primary market, and in that way government deficit spending is monetized. If Treasury works a deal with FED they can agree to have the usury on TBILL rebated. This actually happens now, so PUBLIC debt is not nearly as onerous as private debt.
All of our money comes from private BANKS. That is the fiat – it is credit from private banks NOT GOVERNMENT. Government is subordinate to private money powers. Bankers and Govt are also schmoozing each other, as government doesn’t want to tax away hypothecated credit that YOU created and which is already under drain pressure due to usury.
The FED is a private banking corporation that has share owners. Those owners are generally TBTF banks that are often FED’s primary dealers. The original families that owned the FED when it was foisted on America in 1913 were discovered by Eustace Mullins – if you Fiat word slingers care to investigate, you can look into the real history of the FED.
Therefore, the private banking money power hierarchy is TBTF banks at the head, with FED as their agent. The tail actually wags the dog. TBTF private banks don’t even have to have reserves on hand to make loans, as they can always get what they need from FED discount window at .25% or less. Government and politics are NOT at the top of the hierarchy. The U.S. is no longer a Federal Republic. The U.S. does not follow the political will of its people. Both political parties are subordinated to money powers.
If government issued money directly, it would not be private CREDIT which must, by definition, always come with a debt instrument. This type of FIAT would actually be beneficial.
A debt instrument always demands more in drain that it created in credit. Therefore, money supply always wants to drain. This is why the ratio of debt to money continually grows. This is why government MUST deficit spend, otherwise there is no private savings.
Real government FIAT is a totally different animal than private banking FIAT. We don’t have real government FIAT. Words have meaning, please use the words correctly. We have banker credit as the dominant form of money in our money supply.
Fiat definition: Currency that a government has declared to be legal tender, but is not backed by a physical commodity.
Even in the gold era, banker credit was not redeemable in metal….it has always been a false standard- a lie. All money is fiat. What kind of FIAT is the real question.
thank you for saying that,
the truth.
They call it FIAT because it depreciates like a rusty Italian car.
I have always questioned which is more powerful: money power or political power? I believe you are correct that money is more powerful; except, perhaps, when political power backed, of course, ulitimately with physical power in the hands of a manical dictator can trump finanacial power. Was the NAZI party under Hitler able to control the financial powers of Germany? Or were they able to survive and thrive under Hitler?
Private bank credit, even when issued by the Fed, is not fiat, not legal tender, it has no legal status as a currency at all.
There is $1.34-Trillion in legal tender fiat in circulation around the globe, all the rest claiming to be fiat is actually private bank credit, a promise or an assumption that fiat will eventually be paid.
I disagree.
What distinguishes fiat is not its method of creation, but the means by which it comes into circulation.
We use dollars - a private bank credit created by the Federal Reserve - because we are required to under 'Legal Tender' laws, and the Federal Reserve Act.
The 'other' legal tender that we had in 1933 was forcibly collected under threat of prison.
So we use it not necessarily because we want to, but because we have no other choices. And that lack of choices is due to an act of will - FIAT.
seven deadly sins
seven ways to win
seven holy paths to hell
and your trip begins
seven downward slopes
seven bloodied hopes
seven are your burning fires
seven your desires
Humanity is the entrails of some ancient Alien experiment.
Say What
Humans=GMO livestock
3AT M3
Trust, laziness, false gods, idol worship, ignorance, drugs and government dependence.
Wrath
That's the sacred calf that will see heads cut off in D.C. from the White House... to the Capitol... to the DOJ... and everything else in that shitty city that sits around it!
Burn it to the fucking ground with everyone in it before it's too late for ALL OF US!!!
You'll be knee deep in collaborators on your way to D.C. but hey... you can never have enough target practice.
You'll be knee deep in collaborators on your way to D.C. but hey... you can never have enough target practice
I've always said that when we are close to no longer being able to use the credit card or atm people will be ready to do just about "anything" because this is where we keep our souls. Our owners know that, which is why WWIII begins before that happens... 9/11 was the nice little appetizer on our way to losing it all!
Sure you are right of course. But you can either "DIY" and take care of the home problem yourself?... Or let Russia and China fix it for you which won't leave anything left for "you" and more importantly anyone else!
It is Obama's very own useful idiots that will do it as soon as the EBT money stops.
This article is fat shaming wall street
Wall St has no shame.
Greed and lust is the best place to be.
No matter how bad you fuck everything up from that position (the position of the enabler and counterfeiter) you always win.
Apathy the eighth deadly sin.
Apathy is close enough to be covered by sloth.
Apathy is close enough to be covered by sloth.
I believe it was crefited to Mark Twain, his response to the comment that the problem with American politics was igonance & apathy to which he reportedly said..."I don't know & I don't care" (paraphrasing)
John Hilsenrath (WSJ) reports tentative FRB approval of the next FOMC post-meeting storyboard and press conference.
1.
http://www.zerohedge.com/news/2015-02-20/7-deadly-sins-america
2.
New monetary policy:
Prudence
Justice
Temperance
Courage
3.
Plus guidelines from the Pauls (Saint, Ron and Rand):
Faith
Hope
Charity
4.
Starting Monday:
FFR floats
Gold floats
Economy floats
5.
FOMC meeting schedule: every five years, right after the Chair’s colonoscopy.
There is so much money circulating aound Wall Street it's tough not to make at least a $100,000 bonus.
If only the sloth caption was correct. I say the regulators are the only part of government that are hard at work.
Whoever devised the Seven Cardinal Sins failed to list an eighth one; "Deceit" .