Submitted by Charles Hugh-Smith from the OfTwoMinds blog,
Memo to the Fed: you are the enemy of the middle class, capitalism and the nation.
The Federal Reserve is appalled that we're not spending enough to further inflate the value of its corporate and banking cronies. In the Fed's eyes, your reason for being is to channel whatever income you have to the Fed's private-sector cronies--banks and corporations.
If you're being "stingy" and actually conserving some of your income for savings and investment, you are Public Enemy #1 to the Fed. Your financial security is nothing compared to the need of banks and corporations to earn even more obscene profits. According to the Fed, all our problems stem from not funneling enough money to the Fed's private-sector cronies.
Memo to the Fed and its media tool Hilsenrath: we're not here to further enrich your already obscenely rich banker and corporate cronies by buying overpriced goods and services we don't need. Our job is not to spend every cent we earn on interest to banks and mostly-garbage corporate goods and services. Our job is to limit the amount we squander on interest and needless spending. Our job is to build the financial security of our families by saving capital and prudently investing it in assets we control (as opposed to letting Wall Street control our assets parked in equity and bond funds).
Your zero-interest rate policy (ZIRP) has gutted our ability to build capital safely. For that alone, you are an enemy of the middle class. Let's say we wanted to buy a real asset that we control, for example, a rental house, rather than gamble our retirement funds on Wall Street's Scam du Jour (stock buybacks funded by debt, to name the latest and greatest scam).
Thanks to your policies of ZIRP and unlimited liquidity for financiers, we've been outbid by the Wall Street/private-equity crowd--your cronies and pals. They pay almost nothing for their money and they don't need a down payment, while we're paying 4.5% on mortgages and need 30% down payment for a non-owner occupied home. Who wins that bidding process? Those with 100% financing at near-zero rates.
Here's a short list of stuff we don't need to buy:
1. New house: overpriced. Debt-serfdom for a wafer-board/sawdust-and-glue mansion? Pay your banker buddies $250,000 in interest to buy a $300,000 house? Hope the bursting of the real estate bubble doesn't wipe out whatever equity we might have? No thanks.
2. New vehicle: overpriced. We can buy a good used car and a can of "new car smell" for half the price, or abandon car ownership entirely if we live in a city with peer-to-peer transport services. We can bicycle or ride a motorscooter.
3. Anything paid with credit cards.
4. Any processed food.
5. A subscription to the Wall Street Journal and other financial-media cheerleaders for you, your banker buddies and Corporate America.
Here's how your cronies have fared since you started your low-interest rate/free money for financiers policies circa 2001: corporate profits have soared:
Now look at median household income adjusted for inflation: down 4%--inflation which we know is skewed to under-weight the big ticket items such as healthcare and college education that are skyrocketing in cost:
And here's how the middle class has fared since the Federal Reserve made boosting Wall Street and the too big to fail banks its primary goal, circa 1982: the bottom 90% have treaded water for decades, the top 9% did well and the top 1% reaped fabulous gains as a result of your policies.
If you're wondering why we're not spending, look at our incomes (going nowhere), earnings on savings (essentially zero) and the future you've created: ever-widening income disparity, ever-greater financial insecurity, ever-higher risks for those forced to gamble in your rigged casino, and a political/financial system firmly in the hands of your ever-wealthier cronies.
Capital--which includes savings--is the foundation of capitalism. If you attack savings as the scourge limiting corporate profits, you are attacking capitalism and upward mobility. The Fed is not supporting capitalism; rather, the Fed's raison d'etre is crony-capitalism, in which insiders and financiers get essentially free money from the Fed in unlimited quantities that they then use to buy up all the productive assets.
Everyone else--the bottom 99.5%--is relegated to consumer: you are not supposed to accumulate productive capital, you are supposed to spend every penny you earn on interest paid to banks and buying goods and services that further boost corporate profits.
This inversion of capitalism is not just destructive to the nation--it is evil. Funneling trillions of dollars in free money for financiers while chiding Americans for not going deeper into debt is evil.
Memo to the Fed: you are the enemy of capitalism, the middle class and the nation.
* * *
And, best of all, all of this was known and described over 100 years ago when the motives behind the Aldrich Plan were revealed to the American people, and while rejected by Congress in 1912, it served as the foundation of the Federal Reserve Act of 1913 which ultimately led to the current economic devastation.
the vampire squid has no heart, no guilt and no consideration. it couldn't care less about those it exploits, drains and consumes. this we all know.
but what mystifies this useless eater is why it insists on destroying all of that which it uses. I guess sociopathology is beyond my simple understanding.
...and yet, not a single Banking Oligarch has been charged let alone convicted.
The charges, conviction and immediate sentence from the masses (we will call them the jury), only happens after the collapse. They will be kicking that can until it is metal dust.
The Federal Reserve replies:
lol. Who the fuck is Charles Hugh-Smith?
I am Chumbawamba.
agree......we don't give a shit and furthermore we're gonna drone your azz if you even think about bitchin' bitchezzz
Ahh but you are...
What's the solution? Tune in, turn on, and drop out. There's no other alternative.
if you or i think these muth'r fuckers are happy, just watch tb and tune in to the rich and famous life styles. they are fake phoney loooooooooooooooosers in the game of life. fuck that.
cheating druged mind fucks
and worst of all they think they are special cause they got fiat
and the day will come when they need a helping hand
new flash, poosh bitchez- SUCK MY SWEATY UNCIRCUMCISED DIK...
I'm so FREE in AMERICA, I just CAN'T BREATH.
You and I are NOT represented by LEGITIMATE GOVERMENT.
Fight the tyranny. It wants you DEAD. Don't let them get their wish.
(Note: need more rope and rusty blades.)
LOL@LYINGASSHOLES
The purpose of the FED is to enrich the socialist jew bankster cartel and their buddies.......
What can''t the seven trillion the greedy socialist jews printed for themselves under Obama buy?
The media ....check
The entire Democrat Party....check
The Republican "leadershit" check
The average American thinks the FED is publicly owned, and the socialist jew media contributes to their ignorance.....
NOTHING WILL CHANGE UNTIL PATRIOTS START SPILLING THEIR BLOOD AND THEY FEAR FOR THEIR LIVES AND THOSE OF THEIR FAMILY MEMBERS...
Jew this, Jew that.
Shut up TROLL.
corp merica has become a huge HELOC. volitilty of bonds and bunds are the thunderheads on the horizon. stock financed buybacks, gov expenditures financed and lack of real productive investment will be the undoing before the gigantic blow out bottom creating a crater that the whole fiat ponzi scheme free falls into leaving a dust plum to darken the skies for years. no sun and growing of food will ensue. the retrace of mankind will be complete and reset for rebuilding...
Maybe Charles Hugh Smith will inspire millions of people with pitchforks to skewer some people on those very pitchforks . . .
STFU and get back to work fucking goyim!
xoxo
Hilsenrat and the chosenites.
Well you should see Gold Medal Bruce
She's so good looking but she looks like a dude
Well you shoud see him so cute dressed in his gold medal suit
Yes you should see Gold Medal Bruce
Yeah Yeah Yeah
Get a dose of her in jackboots and kilt
She's killer-diller when she's dressed to the hilt
She's the kind of a girl that makes "The News Of The World"
Yes you could say he WAS attractively built
(Segue)
They came in through the bathroom window
Protected by some Homeland goons
But now she sucks her thumb and wonders
TeamDepends, when'd he flew the coop?
Didn't anybody tell her?
Didn't anybody see?
Sunday's on the phone to Monday
Tuesday's on the phone to me
She said she'd always been a dancer
She worked the Fed clubs every day
And though she thought I knew the answer
Well I knew what I could not say
And so I quit the rat-race jungle
And plant myself some healthy crops
"And though she tried her best to help me"
She could steal but she could not rob
And in the end
The love you take
Is equal to the love you make
Boy, you gotta carry that weight
Carry that weight a long time
Boy, you gonna carry that weight
Carry that weight a long time
EDIT...I'm not drunk enough for this thread.
Her Majesty's a pretty nice girl
But she doesn't have a lot to say
Her Majesty's a pretty nice girl
But she changes from day to day
I wanna tell her that I love her a lot
But I gotta gotta belly full of wine
Her Majesty's a pretty nice girl
Someday I'm gonna make her mine
+1000 for all of the Abbey Road references TD!
Especially your take on Polythene Pam & She Came in the Bathroom Window...Outstanding!
Due justice will be resolved and restored only through systemic collapse.
I will celebrate the collapse of the Current Fruadulent Paradigm as Fraud is evil...
and I will stand vindicated
I will celebrate the destruction of the US Dollar as it is the currency of corruption...
and I will stand justified.
I will celebrate the end of the unceasing wars as they are bloodmoney profits for evil men...
and THEY will stand Trial, be convicted and be executed as a result.
You can take an active or passive role in bringing that about. After all it is up to you. Your levelof compliance and complicity within the current paradigm is up to you. Your level of rejection and revolt against the current paradigm is also up to you.
The passive, non violent approach is the best method to opt.
One does this through eroding the Faith, Trust and Confidence in the currency of the United States through the education of the masses. Wake them up and have them THINK about their plight and their common everyday transactions.
Demonstrate that since the US Dollar is a NOTE, a PROMISE to pay, for future goods and services, and the sad fact is that WE DO NOT PRODUCE as today's UNEMPLOYMENT RATE report is an outright LIE, then there will be NO FUTURE GOODS PRODUCED....when most are unemployed.
Nobody will have any Dollars to buy anything which is produced. Thus production shuts down.
At that point the Dollar becomes WORTHLESS when we all become unemployed and non productive as a result.
This shocks most whom I have told it to. They know that even if they are employed that far too many of their friends and family members are not.
Many will tell you outright that they do not want to hear it.
Even my paper rich landlord, after I described the conundrum of the Derivatives Market fiasco, and that he does not OWN his paid off properties, as his Property Titles have been rehypothecated repeatedly, was horrified.
(I love it...there are 15 Derivative claims on every single real and tangible asset created over the last 10,000 years. It would only take 150,000 years to produce tangible assets to back up those Derivatives.)
I asked him the following simple questions,
"So when they foreclose on your property what are you going to do?"
"Sue your Title Insurance Company?"
"Do you really think that they will have any cash after being sued by everybody for incompetence and fraud as the Banks have been selling others' titles repeatedly also?"
He was horrified.
Psychological warfare is currently being conducted by the Corporate media through propaganda.
However we can counteract the propaganda, personalize it, and destroy remainging Faith, Trust, and Confidence within the system by reporting the unadulterated truth.
Did you know that Zerohedge is in the top 1% of all Websites frequented? That means that THOUSANDS OF PEOPLE read YOUR posts.
You need to ACT and EDUCATE OTHERS. Too bad if they do not want to hear the dismal news. You may not be popular while you awaken people from their fantasyland delusions. You may even be scorned.
But it is only when Faith, Trust and Confidence in this corrupted system is eroded is the point where the current Financial Paradigm will realize the total collapse which it so richly deserves.
And that is when Justice, Freedom, and Liberty can be restored.
You need to reach out, target, and educate just one person per day...asking them to do the same.
And if the non violent methods fail then the violent methods are another available alternative. But that alternative is always the last resort...the LAST RESORT.
You need to make the education widespread.
+100
Excellent post, Tall Tom!
"For there is nothing hidden that will not be disclosed, and nothing concealed that will not be known or brought out into the open." - Luke 8:17
9/11 MASS MURDER in broad daylight and the justice department is doing nothing to investigate what really happened and by whom... those towers, as demonstrated by the video bellow, were brought down by controlled demolition charges, intentionally, by a certain group or government in order to stir the public sentiment toward a certain enemy directing the American sheeple to yet another war... thats called systemic corruption similar to the systemic corruption in Greece... For 5 years now they are killing people indirectly through austerity measures with no end in sight...
https://www.intellihub.com/quite-possibly-the-best-911-footage-released-...
It's easier than that.
You are over thinking the problem because you are assuming it's just you with the problem. Fact is everyone's got the exact same problem, even the moron's that made the problem have the same problem. They are just very dumb and don't see it yet. Weird thing is everyone see's the problem, but everyone is looking for anyone left that has a shred of respect left to tell them what the problem is...and no it's not 'get jesus' or 'join the mosque' or 'sit on a mountain top'. Although it's fine if you swing that way, but it's actually part of the problem that caused the problem but it's not the problem or the solution.
Your homework is to establish the question of the problem first before defining the solution to answer it. Again the solution to the real question is very simple. If you manage to come up with the question I will give you the solution no questions asked.
Once when one leads one's self then they are in a position to lead others.
But as one of my Hollywood fictional heroes, Dirty Harry, says, "A man has got to realize his own limitations."
A game of hot and cold then...you are cold right now. Got nothing to do with 'self' or managerial dogma. It's so weird, but obvious, when you figure out the question to ask.
CPL, I'll gladly ask the most important question.
But not yet.
First, let's look at the issues that frame that question:
1- People can't agree on who (which people, specifically) the real problem is.
2- People can't agree on what the solution is.
3- People can't agree upon who will/should carry out the executions of those responsible.
Those aren't the "problem", those are the symptoms of the problem and you are fishing for the question in the wrong end of the pond. When every "seeker of truth" goes looking for answers, that's what they go looking for. They look for an answer, without a question. Seriously, go look at everything written in every language out there. It's always people scrambling around looking for a prize answer.
No one ever seems to bother asking what the question that needs an answer is.
I see you have no answer.
What was the question?
PS- I must admit that I am in awe "that everything written in every language out there" has been understood by you. By all means, school us lesser folks, then.
No, what I have is a question that leads to an answer. You are offering an opinion which you are confusing for an answer. Point blank, go look at the history and all of what's actually written down. Not a single one. All wanted answers. Not one out of the tens of thousands bothered to ask what the question is. Don't believe me? Go look, read and you'll see the common reoccuring theme over and over and over again.
What is the question that you should ask for an answer?
You are still cold btw. Go fish.
Alright, let's cut to the chase.
Who is the rightful ruler of this world?
That is the ultimate question.
Who cares and that is not the question. Still cold.
CPL,
What is it you don't understand?
There's the question you earnestly await.
Everything but one question and answer.
You are still cold btw.
lol.
Ready for what you (think) is the ultimate question.
Do you care to stop the games and actually present what you (think) is the almighty question?
You are still fishing and being lazy. Otherwise everyone seems to have answers to different things, but what the question is. And there's nothing 'mighty' about the question. It's pretty straightforward. If you go review what other people have given as answers, you'll find a question not ever asked and an answer never given.
That's the clue and here's something interms of a process of elimination to help you find the question and thereby the answer.
http://www.wikihow.com/Win-a-Game-of-Clue-Without-Technically-Cheating
Lol, THC does strange things to the human mind.
I will now win playing CLUE everytime.
You have unlocked the secrets to the universe.
I do not smoke pot or drink, have not for a while but it hasn't stopped others from confusing wisdom found in them. If people indulge, I do not pretend to offer a position other than 'fill your boots'.
And dismissing play as a tool to learn, you'll fail everytime and to answer your question of who runs this world in a round about way? Depends what is being run and what you define as 'world'. In your world, you are really only the sum of your memories of your belief's that are all attributed by what you learned while playing as a child and what you believe are correct.
People are literally defined their entire lives by playground rules. They learn to Share. Fight. Love. Like. Hate. Be sad. Get over it. Make friends. Work in a group. Practically everything that you are, that everyone here is solely defined by how they learned how to play. Even in a simple game like clue. Teaches the abstracts of logical thinking to kids how to eliminate the obvious, avoid reacting and take the guesswork out to finding the question of how, who and where then to give an answer.
Again, I haven't unlocked the secrets of the universe. I merely have a question and an answer which I have given you the process to find them yourself.
I really like this.
Like a game that doesn't end.
Dazed and confused.
https://www.youtube.com/watch?v=p5i_H5CPRJ8
"For the Lord takes delight in his people;
he crowns the humble with victory." - Psalm 149:4
Like watching a revolving door for a while. Some people know how to use it first try. Other people wait too long and go back the wrong way. Occassionally people get stuck just going around in circles driving themselves crazy. Eventually the people stuck going in circles figure it out and they get where they need to go.
Kudos to you for figuring out how a revolving door works.
Your intellectual acheivements are truly awesome, man!
I once walked and chewed gum at the same time as well. It was tough, but I made it happen.
Yeah, we're all human.
I thought you had some deep thought to lay on us.
You were just teasing.
I will lay the deepest thought, though.
We are all sinners,
and we need redemption.
Jesus Christ paid for our sins,
and all of us should thank Him for that,
and accept Him into our hearts.
It's not my place to.
BTW. There was no such thing as Jesus Christ. The person that was the closest approximation to 'Jesus' at the time was a man by the name of Apollonius of Tyra. The fiction of Jesus was a creation of Rome, mainly to front the bank that is called the Vatican which allowed it's expansion into Europe. Hope conquers just as well as swords, as in the Vatican’s case they did it with both. From there francising to the countless spin offs of the same Church with minor edits to allow concessions to sell to more niche demographics. So for a religion of 'peace' it's certainly never been known for it. Shit just look at the iconography, dead guy nailed to a stick that they eat in a cannibal ritual. Disgusting is what it is. I'll stick being unaffiliated to any of the offers out there, people seem to enjoy it and I'm just not in any position to care enough about any of it...or listen to it. Lifetime of listening to that fruitcake nonsense that just ends up getting replaced with some other religious fad.
Because the people and 'higher ups' come and go in any large facility, like earth. But operations keeps on chugging along no matter who the wonder kid or supposed boss is at the time. They are a dime a dozen, get replaced on schedule as usual and just not that important in the grand scale of things while time moves forwards. They are just the bits that break and get replaced.
You are a liar. There is absolute proof that Jesus existed historically.
http://www.biblicalarchaeology.org/daily/people-cultures-in-the-bible/je...
https://apologeticspress.org/apcontent.aspx?category=10&article=876
http://en.wikipedia.org/wiki/Historicity_of_Jesus
Jesus is utterly immaterial.
Some of the philosophies attributed to him, however, have good merit. But they arent exclusive to Judeo-Christian beleif systems by any measure.
EDIT: Just remembered to never try to teach pigs to sing.
Nonsense. See post above.
Ok...I will probably overanalyze...but I will think about this riddle.
QUESTION
https://www.youtube.com/watch?v=NP9iOqdxS8c
Why do we never get an answer
When we're knocking at the door
With a thousand million questions
About hate and death and war
It's where we stop and look around us
There is nothing that we need
In a world of persecution
That is burning in it's greed
Why do we never get an answer
When we're knocking at the door
Because the truth is hard to swallow
That's what the wall of love is for
It's not the way that you say it
When you do those things to me
It's more the way that you mean it
When you tell me what will be
And when you stop and think about it
You won't believe it's true
That all the love you've been giving
Has all been meant for you
I'm looking for someone to change my life
I'm looking for a miracle in my life
And if you could see what it's done to me
Lose the the love I knew, could safely lead me through
Between the silence of the mountains
And the crashing of the sea
There lies a land I once lived in
And she's waiting there for me
But in the grey of the morning
My mind becomes confused
Between the dead and the sleeping
And the road that I must choose
I'm looking for someone to change my life
I'm looking for a miracle in my life
And if you could see what it's done to me
To lose the love I knew, could safely lead me to
The land that I once knew
To learn as we grow old the secrets of our souls
It's not the way that you say it
When you do those things to me
It's more the way you really mean it
When you tell me what will be
Why do we never get an answer
When we're knocking at the door?
With a thousand million questions
About hate and death and war
It's where we stop and look around us
There is nothing that we need
In a world of persecution
That is burning in it's greed
Why do we never get an answer
When we're knocking at the door?
See, even the Moody Blues (they've got a nice sound) are looking for an answer but no question to answer a question to. What demands an answer but asks no question? A telephone.
Since we are not talking about a telephone, we're talking about the question for the answer.
Who am I to sit in judgment?
No. I do not understand it.
Who wins?
Does it really matter?
Unfortunately cold.
Otherwise it doesn't really matter, I just do deliveries now. Might have had something to say about it once but timing and a situation led to 'this'. If you want you could go talk to that large black box analogy they are dragging around on world tour and praying to. Seems to make people happy thinking there is something in there, or that it actually exists in anything but a memory while other things are getting worked on. It's a good thing keeping people busy.
KNOWLEDGE, is lacking by the 90 percent. knowledge of what charles writes. then action by personel votes with actions that change the system we are imprisioned in by the top 1 percent. starve the beast by opting out. but knowledge is the key. unfortunate.y the the 1 percent know that the 90 percent are too dumb to grasp the money system and how it controls them. and the there is tuesdays hamberger today - fucking debt for tomorrows labor, hence servitude. it is hopeless as humans are too stupid to see this simple concept. pay as one earns without the tenacle of a banker squid sucking the life blood of labor before it is earned...
the system is just complicated enough so an average joe or jill can not grasp. duh, math skills in merica are deplorable. as simple as that...
MY QUESTION TO THE PROBLEM. WHY PAY BACK MADE UP DEBT WITH INTEREST ???????????????
Nope. Again like Tall Tom, the question hasn't got to do with money, self or management.
WHO/what is asking the question?
They've taken half of the first comment page with it and are still going at it.
.
Take a deep breath, hold your breath.
Hit the chest with his right hand and.
Yell loudly:
WE'RE FUCKED!
Greece Fire.
A fucking will be too good.
We are cooked....totally cooked....burned to a crisp.
It has destroyed the nerve endings. That is why you are not feeling any pain...yet.
But the recovery is going to be long, very long and excruciatingly painful...if you can survive it.
We ALL need to stop spending money, period. Buy only absolute necessities, nothing we don't need. If we ALL did that, even for a short time, we would send a powerful message.
Relax, they're full steam on whistleblowers. (sarc.)
No...They were too busy getting FIFA.
I know lets increase the minimum wage to $15 per hour so the sheep have more wool to sheer, yeah thats it.
The Vampire Squid is a replicant and is only programmed for a lifespan of limited duration. It is not human and is not cognizant of human consciousness like we are. The Tyrel Corp. failed to get that the replicants would come back to find their creator and demand more time or the life of the creator. We the people are the creator of the Vampire Squid replicant due to involvement in the economy. Hilsenrath is a replicant and we need to send in a Blade Runner to neutralize him.
Ever read white gold wielder? Good stuff, much forgotten.
http://en.m.wikipedia.org/wiki/The_Chronicles_of_Thomas_Covenant
"but what mystifies this useless eater is why it insists on destroying all of that which it uses. I guess sociopathology is beyond my simple understanding."
Yes they always kill the golden goose - it seems they can't stop themselves.
Well said, Charles.
Looks like all the best people will be in FEMA camps soon.
Jon - I have a pitchfork with your name on it, you smug little prick
Hilsenrath is the "door~mat" between "fact & fiction" , in a make believe world...
Bitchez.
Ever read Thomas Covenant, by Stephen Donaldson? There are at least two worlds.
http://en.m.wikipedia.org/wiki/The_Chronicles_of_Thomas_Covenant
If it's FREE?
"In the next world, you're on your own.!"
Go Chuck. Either now or later the military has to intervene against those destroying their families nation. Arrest Lloyd Blankfein. Try him for treason.
" We don't want to fix it, we want to stop it "
T. Roosevelt to JP Morgan , 1902
"You provide the pictures and I'll provide the war."
WR Hearst to Frederic Remington
Teddy was cool- Walk softly and carry a big stick is still good advice today.
His cousin? Not so much.
Memo to Hilsenrath...
We see you in all of your malevolent madness.
We see you are Federal Reserve Inc. agent and shill.
Your propaganda doesn't work on the educated and informed.
We have as much contempt for you and your lies as you have for the schmucks, donkeys and cattle you presume us all to be.
For anyone outside the financial elite who reads this, it is preaching to the choir. To any of those among the financial elite who read this, it is the source of laughter at tonight's dinner party.
In the case of the 99.5% vs the elite, the pen is no longer mightier than the sword, especially since the elite own the propaganda media.
Time to unsheathe those blades or admit that this is just the way life is going to be going forward.
In the case of the 99.5% vs the elite, the pen is no longer mightier than the sword, especially since the elite own the propaganda media.
Time to unsheathe those blades or admit that this is just the way life is going to be going forward.
You do not need the sword.
Stop spending. Stop participating.
Hilsenrath exposed the weakness in his initial letter.
Monetary Velocity is lower than that it was in the Great Depression. Without growth the whole house of cards implodes upon their heads.
Cut your utilities off, completely, just for one day. Throw the main breaker. If everybody picked one day and did that then they'd have to shut down entire Nuclear Reactors.
It would not just cost them in lost revenue but the Diesel to cool the shut down reactors would cost them. Furthermore the restart would also cost a bundle.
Even if one out of ten did this there would be substantial losses on their books.
The way to harm the Oligarchs is using your wallet against them. It is far more affective than a Pitchfork or sword.
How much COMFORT can you sacrifice?
Getting ready for the excuses of how much you need those modern conveniences....
How about this...We don't want your damned loans!At zero, or any other interest rate! We want to earn the money we need ourselves, interest-free and clear of any debt obligations. What is so hard to understand about this, for the love of God?
A system and government that induces its citizens to spend themselves into financial ruin is evil.
END the Federal government NOW!
Maybe they should swap McDonalds for Smith and Wesson on the DOW.
Yeah, keep the wages go higher. See how you cope when the farmers, nurses, fire fighters, engineers, truck drivers, pharmacists, etc cannot earn enough and quit.
Unfortunately, it won't matter if the majority "quit". Soon robots will be doing most of the work. And in the instances where robots will not suffice, those little few with the majority of the world's wealth, will easily be able to afford the services of some extremely well paid "servants". For the rest of us, we're up the creek when the world quits however. Can you say Soylent Green?
The crazies were simply, prescient.
Knuks, I was complacent.
They don't care what you think.
The crux of the matter revealed.
They fear us 10000 to 1. read it this way: we are the teror they fight.
If the genome got a piece of this...
but the genome, the soul must be preserved.
Has been preserved.
I was floored and angry reading this article and thought he must be kidding. The comments section was spot on and ugly as it should be. Most of us are not spending money because of healthcare and food prices are just getting crazy. Wait until oil heads back up, and watch the real problems unfold. Those that have first access to free fed ink and paper are doing fine while the rest of us might as well bend over as the Fed ass rapes the rest of us.
People are trying to save to pay for their medical deductables. ZIRP fucked all of us and the government is just a disfunctional bunch of partisan players pandering to their donors or special interests.
has anyone noticed how much hilsenrath looks like timmah?
were they twins separated at birth
grown in the same test tube
or are they really the same person.....
has anyone noticed how much hilsenrath looks like timmah?
were they twins separated at birth
grown in the same test tube
or are they really the same person.....
I have a pretty good idea what this amended trade agreement entails.
The United Stat>
<es has hedged itself on technology.
Caught your attention?
Service based economies? Who decided that this UTOPIAN idea would work?
Imagine yourself on a ship almost 1/2 mile long, floating through space, 2 light~years from Earth.
Would you prefer "tea & crumpets" or/a screwdriver?
They use torx head up there.
nice
Those 6 headed "star keys" ? They have that little nub.
Only the "tamper resistant" ones have the little nub in the middle.
Anybody could drill the end of a regular torx to make it fit though.
Sorry, I did not consider the other meaning of the word screwdriver.
Orange juice and vodka. That screwdriver is good anywhere, anytime.
whatta laugh. But of course you are here exactly for that reason and for no other reason. Whoever wrote this is a complete moron who knows nothing how Corporitism works in the real work.
ONLY an American can be this self-deluded.
update: yes, I can see from all your downvotes that you hate it when you are told the truth, you deluded dupes. truth hurts, I know
You dumb fuck.
Your crappy comment doesn't even make sense!!!
Capital letter to start the sentence. 'What a laugh'. 'How corporitism works in the real work'. Do you mean 'How corporatism works in the real world'?
Normally reminding ZHers of bad grammar etc is not the done thing. However you obviously need to understand more than just grammar.
Is that Hilsenrath crying?
We can bicycle or ride a motorscooter.
Every man and woman should learn to ride a MOTORCYCLE! There's a reason the Bikers have a certain edge and mystique. Going 75mph and leaning into a turn with the wind in your face is a liberating meditative experience. Free your mind. Get a Class M license :-)
I commute around town every day on my Baja equipped Honda XR 650R.
I miss my GSX-R 1000.
I did a ground up restoration on my BSA 650 Thunderbolt and then sold it so I could finish restoring my 1966 Acadian Canso Sport Deluxe [Chevy II]. I had a Triumph 500 Tiger too, but I sold it before the motor blew up like my Thunderbolt did before I restored it. Now I want a Harley 1200 Fat Boy, but you have yet to set up the GO FUND me for that one. wtf?
Do you know how expensive it is to ride for four months of the year?
I once knew a big tough biker.
He got knocked over by some jerk in a yugo.
I've known a lot of bikers. Every one was a vet or service. When tSHTF who would you rather have at your back, my vets or your unarmed with no experience pepsi sucking tofu intolerant long talkers? The fed wants my vets for a reason I won't like. I paid full retail plus compound interest for my vets. All actions against mine any celt woman could watch, but not prevent.
Pussy.
Ride free. You will be called again, soon. Not for these ass puppets. Queens governor Reagan = helmut law.
Ever take your bike over any sweet jumps?
The best one was not expected. I jumped a pallette dumped on the 40 at speed. It looked like a palm frond, blown across the road. When I got too close to deviate, it looked like a pallette. I was 18, alone, in the middle of nowhere. If anybody found me, it would be LeatherFace. Leatherface don't like me. I went dirt. I grabbed the tank with my knees. The rest loose, I flew.
And landed well. I jumped a surprise pallette on the 40 in NM at 70mph. I needed glasses and couldn't afford them, because a quota had to breath before me. Son of a warrior, who was son of a warrior, back to lord Baltimore. Fuck every law that subordinates me to any other.
These are Darwin tests. Humanity is failing. All the way.
I am the best.
I won't show you what I can do with math. Its my base, my best. All I know. Non-Euclidian. i can describe to you... everything. I shred flatlander's algorithms. Everything you were taught is wrong.
After Rumsfield I erased it from my mind, so it could not be forced. I left myself 2 keys to recover it.
I was tapped. Everything Snowden said, just in 2003. Plus they read and wrote to my HDDs at 600 feet. One time I was scrubbing binary data when they pushed text messages into the stream, mocking me, indicating they were bored. This was years before reading screens at 600' was acknowledged; They were taunting me. No law. Then Holder came to my BBQ. And found me boring...
You're alive, so I did it right. I've been sitting on this for over a decade. I'm getting forgetful...
Laws are because people don't do the right thing. The law enforcers have lost this basic truth.
Grab your ankles. We're going for a ride.
Desert fashion statement, peyote necklace
Nothing will change until a few of their heads are pinned to the fences around their estates. Nothing.
Fuck off and die, Central Gangsters!
Vampire squid picture would make a good scary tattoo for somebody's big hairy back.
If you squint, you might already see it on mine
Like a Rorshak test
Great stuff Charles.
I don't understand why they would want to take all the money from the bottom 99.5%? If citizens don't have anything invested in the system, they therefore have nothing left to lose in a revolution. A man with nothing to lose is a very dangerous man. So it seems to me the goal of the fed is to collapse the entire system and have it replaced with something more to their liking. Perhaps a one world government and currency.
I am an Orthodox Christian and experience the Divine Liturgy each Sunday. About half way through the Priest says the petitions one of which is, "For a Christian end to our lives, peaceful, without shame and suffering, and for a good account before the awesome judgment seat of Christ, let us ask the Lord." I am not going to have a good answer for a lot of the things I've done, but those folks are going to burn in the depths of hell. And the nice thing about it is, they can't take their money with them to buy a cold drink.
Ya' might wanna ask yourself, "Why does nothing the Priest (or the Bible for that matter) says ever make literal sense?"
It's not supposed to make sense deimos, it was designed to be obtuse and confusing, so that you would wonder why you can't fully grasp it.
You think it's because you're not worthy. I think it's because it's all bullshit.
We'll see.
> We're Not Here To Enrich Your Corporate Cronies
Well actually, we are.
(shhhhh...)
The final impediment to their scheme is family.
If you weren't so preoccupied with your families future, you would be willing to mortgage the farm for a new I-phone.
Destruction of the nuclear family is their final step.
Even that phrase "nuclear family" sounds sinister and dangerous, thanks to thought control propaganda.
Dear Jon,
We unloaded a property in MB early spring of 2015. We still retain one on the ocean. We quietly bailed out due to people like yourself. They are so stupid, they still think I'm on the board of directors. I received this email today. This is cleansed to protect the numbnuts that sent it from Wellsfargo. I cannot send the replies back. They were vile. Here you go....
Outsourcing
It has been brought to my attention that there are a few Homeowners that are against the outsourcing of the rental company. It is such a shame that we will let a few people dictate the decisions for the rest of the home owners. I was at the annual meeting this year and unless I am crazy, the MAJORITY of the homeowners that attended this year’s meeting would be more than happy to at least entertain if not approve outsourcing the rental company. What we all have to understand is that we as homeowners currently own the rental company and because of this incur all the liability associated with the rental company. For instance, if someone fell off the balcony and sued, they could sue the rental company and thus all the homeowners association. Therefore, even if you are not on the rental program, you could be liable. Outsourcing would relieve us of this liability as well as provide more marketing power to increase our rental income. Additionally, we will be putting extra money into our capital reserves which we all know we could use since there was around a few hundred thousand that is still unexplained. I cannot even fathom what the home owners who are against this are thinking. The only thing I can guess is that they have some part in originally bringing the rentals in house. If you were excited like we were when we received Eric’s email, please let the Board and other homeowners know. I could be wrong and others may not agree with me, but I would really like to know. Thank youAbove is not a time share scam. Actual owners who are paying HOA and taxes to a property management. This came from a Wellsfargo cunt. Doesn't matter, we made profit and dumped it. FYI.
The Octopus illustration comes from "US Money vs corporation currency" published in 1912 by Alfred Owen Crozier available from the reprint collection of the University of Michigan library. Our forebears were not unsophisticated and knew what was in store when one party controls all credit. Chapter 14 on "The slavery of debt" contains a sub-chapter "warning to American Jews" not to allow Rothschild interests to lead them astray and cause retribution from the final dis-possessed victims of the money scheme.
They didn't listen to the warning.
WSJ disabled the comments section to the Hilsenrath letter, and deleted all the comments with reference to guulotine, pitchforks and boiled rope.
That should tell us something.
That Uprick Murdoch has a lot to answer for the bastard that he is in bringing in shit like Tony Blair to oversee the Transfer of Wealth under the disguise of DEMOCRACY ' NEW ( HARD ) LABOUR '.
To think that his ' old man ' brought the truth to us regarding the Gallipoli massacres makes you wonder how this senile cunt could be so heartless.
http://en.wikipedia.org/wiki/Gallipoli_Campaign#Casualties
http://blogs.wsj.com/economics/2015/06/02/grand-central-a-letter-to-stin...
http://blogs.wsj.com/economics/2015/06/02/grand-central-a-letter-to-stin...
For my part, as a citizen born and raised in Brazil, with Polish and Austrian descent, I am afraid the US.
It is the greatest danger to this huge rock called Earth.
Until three years ago, when I 50 years old I distinguished the US citizens the US Government.
Today no more.
Arrogance is bonded in each passport.
Unfortunately it is what I understand.
There is more, much more if you come into pages German, Russian.
I do not read Islamic pages, it is not my thing, I am Western.
I swear to you that if it were North American citizen would be very afraid to walk out of my country.
The world is insanely anti-North American.
Wars, NGOs, genetically treated seeds etc. this leaves the sick world.
: - /
yes once again, Chomsky beat you to it, several years ago: “United States is becoming a failed state, and thus a danger to its own people and the world.” – Noam Chomsky, 2006
Actually I strrongkly advise you to try reading "Islam pages" they now speak the truth more than the Corporrate Owned media: http://www.presstv.ir is a very informative Iranian web site that will tell you the truth. http://www.dailystar.com.lb/ is Lebanese
And the news today point towars what you say too: USA is thinking of preemtive strike against Russia's nu'kear weapons. Yep, things are gonna heat up pretty darn soon. Smoking piles of radioactive charcoals here we go! Mad Max Fury Road came right on time.
Better to go out in a bang than a whimper and so i hope Russia releases everything they have on Vichy DC, Nu Yawk, Tel Aviv, Riyadh , Frankfurt, Munich, Brussels, Amsterdam, Paris. London and as many of the treasonous puppet states as possible.
I will be wiped out in that event but hey ho.
Publish targets for The People?
For my part, I consider Zero Hedge a world space on the Web.
I have two friends living in the United States (one in Massachusetts another in California) both programmers in Java.
A friend in Dubai, the other in France.
Unfortunately none China or Russia!
We talk (five of us) regularly and, every now and then they criticize me for writing in Portuguese, translated into English and post to ZH.
The other four, read a lot here, now and then write (and write when one sends a message to the other).
Trolls identified in droves on posts by the way, this is a fun but two:
Discover Trolls and discover the fat guys on the couch who understand everything!
Kkkkkkkkkkkkkkkkkkkkk
Sorry for the outburst, I had to tell you what is life and how a good team works across the world.
:-)
Amen and Amen!
The Gods of the Copybook Headings
AS I PASS through my incarnations in every age and race,
I make my proper prostrations to the Gods of the Market Place.
Peering through reverent fingers I watch them flourish and fall,
And the Gods of the Copybook Headings, I notice, outlast them all.
We were living in trees when they met us. They showed us each in turn
That Water would certainly wet us, as Fire would certainly burn:
But we found them lacking in Uplift, Vision and Breadth of Mind,
So we left them to teach the Gorillas while we followed the March of Mankind.
We moved as the Spirit listed. They never altered their pace,
Being neither cloud nor wind-borne like the Gods of the Market Place,
But they always caught up with our progress, and presently word would come
That a tribe had been wiped off its icefield, or the lights had gone out in Rome.
With the Hopes that our World is built on they were utterly out of touch,
They denied that the Moon was Stilton; they denied she was even Dutch;
They denied that Wishes were Horses; they denied that a Pig had Wings;
So we worshipped the Gods of the Market Who promised these beautiful things.
When the Cambrian measures were forming, They promised perpetual peace.
They swore, if we gave them our weapons, that the wars of the tribes would cease.
But when we disarmed They sold us and delivered us bound to our foe,
And the Gods of the Copybook Headings said: "Stick to the Devil you know."
On the first Feminian Sandstones we were promised the Fuller Life
(Which started by loving our neighbour and ended by loving his wife)
Till our women had no more children and the men lost reason and faith,
And the Gods of the Copybook Headings said: "The Wages of Sin is Death."
In the Carboniferous Epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: "If you don't work you die."
Then the Gods of the Market tumbled, and their smooth-tongued wizards withdrew
And the hearts of the meanest were humbled and began to believe it was true
That All is not Gold that Glitters, and Two and Two make Four
And the Gods of the Copybook Headings limped up to explain it once more.
As it will be in the future, it was at the birth of Man
There are only four things certain since Social Progress began.
That the Dog returns to his Vomit and the Sow returns to her Mire,
And the burnt Fool's bandaged finger goes wabbling back to the Fire;
And that after this is accomplished, and the brave new world begins
When all men are paid for existing and no man must pay for his sins,
As surely as Water will wet us, as surely as Fire will burn,
The Gods of the Copybook Headings with terror and slaughter return!
Or an Alternative:
-
The Truth is the "FED" is a "Tower of Babble", constructed by Lawyers and Bankers to Confuse all the people. In the end our Tower of Babble, the FED, will cause such confusion there will be Rioting between the Classes, and the FED will be Destroyed.
The down trodden will then have to wander off to create new languages.
A Tower of Babble.
The way it works is they sit on Washington DC and give them talking points. They also write the legislation since they own the .gov, .gov capture.
Propaganda is both changing definitions of works, buying universities and professors, getting buildings built with their names on them, controlling Public Officials, gathering intel to black mail the officials and college leaders, controlling the MSM, offering new careers and advancement to officials and regulators...
A Tower of Babble.
They confuse the people about Logic, Ethics, and motivations... and they systemically change language and the meanings of historical events. They confuse Banking and Finance till no ones really knows what is going on.
A Tower of Babble.
Simplify, Streamline, and Standardize.
spot on - they've done this hundreds of times but because they lie to themselves about their history they don't ever learn
All you need to know:
In the Laws of Commerce, the eternal and unchanging principle of the law are:
1. A workman is worthy of his hire. Authorities: Exodus 20:15; Lev. 19:13; Matt. 10:10; Luke 10:7; II Tim. 2:6. Legal
maxim: “It is against equity for freemen not to have the free disposal of their own property.
2. All are equal under the law (God’s Law-Moral and Natural Law). Authorities: Exodus 21:23-25; Lev. 24:17-21; Deut.
1:17, 19:21; Matt. 22:36-40; Luke 10:17; Col. 3:25. Legal maxims: “No one is above the law.”; “Commerce, by the
law of nations, ought to be common, and not to be converted into a monopoly and the private gain of a few.”
3. In commerce, truth is sovereign. See Exodus 20:16; Psalms 117:2; John 8:32; II Cor. 13:8. Legal maxim: “To lie is to go against the mind.” Oriental proverb: “Of all that is good, sublimity is supreme.”
4. Truth is expressed in the form of an Affidavit. See Lev. 5:4-5; Lev. 6:3-5; Lev. 19:11-13; Num. 30:2; Matt. 5:33;
James 5:12.
5. A matter must be expressed to be resolved. See Heb. 4:16; Phil. 4:5; Eph. 6:19-21. Legal maxim: “He who failsassert his rights has none.”
6. An unrebutted affidavit stands as truth in commerce. See 1 Pet. 1:25; Heb. 6:13-15. Legal maxim: “He who does not
deny, admits.”
7. An unrebutted affidavit becomes a judgment in commerce. See Heb. 6:16-17. Any proceeding in court, tribunal,arbitration forum consists of a contest, or “duel,” of commercial affidavits wherein the points remaining unrebuttedthe end stand as the truth and the matters to which the judgment of the law is applied.
8. He who leaves the field of battle first (does not respond to Affidavit) loses by default. See Book of Job; Matt 10:22.
Legal maxim: “He who does not repel a wrong when he can occasions it.”
9. Sacrifice is the measure of credibility. One who is not damaged, put at risk, or willing to swear an oath on his
commercial liability for the truth of his statements and legitimacy of his actions has no basis to assert claims or charges
and forfeits all credibility and right to claim authority. See Acts 7, life/death of Stephen. Legal maxim: “He who
bears the burden ought also to derive the benefit.”
10. A lien or claim, under commercial law, can only be satisfied by one of the following actions. See Gen. 2-3; MattRevelation. Legal maxim: “If the plaintiff does not prove his case , the defendant is absolved.”
10.1. A rebuttal Affidavit of Truth, supported by evidence, point-by-point.
10.2. Payment.
10.3. Agreement.
10.4. Resolution by a jury according to the rules of common law.
I applaud you.
All defended by the first ammendment.
But we need action strategies Now.
One step at a time.
Don't become Them.
I have the greatest respect for William Hurt. He picked me up twice, hitching to work at 5am when I missed the bus.
He is worthy.
Little things iike that make us.
"Memo to the Fed and its media tool Hilsenrath: we're not here to further enrich your already obscenely rich banker and corporate cronies by buying overpriced goods and services we don't need. "
- Memo to all you "Royals" at the Private and Public Executive Level... we are not your Serfs. But thanks for playing with our lives, our wealth, our pensions & retirements, thanks for making Income Taxes so complicated, thanks for making Banking and Finance a complete Scheme, thanks for taking over financial ratings and for capturing government agencies... you're the best S/
Sarcasm.
Dear Loretta Lynch you probably have no idea what evil is the Status Quo is in terms of the US Constitution or you probably would be on pins and needles about taking this job. The Powers that Be are corrupt 5 ways to Sunday. They are giving up Independence from Foreign Powers and the Whole US Constitution. Why should we have Private Banks charging interest when we are all looking at the same budget spending backed up by military, political, economic, and banking power?
We'd like there to be honest brokers in our many agencies... but no we see systemic support for complicated rules, regulations, laws, taxes, and... liberalization where there needs to be control of investment, capital flight, off shoring of earnings and savings, off shoring of profits, capital flight, decapitalization of industry, and systemic approval of slave labor overseas in places that can not be audited.
Thanks. This is the new Southern Poverty Laws or whatever.
Pretty sure Blacks won't have a future without factory jobs and a chance for middle class. How will blacks make the middle class now... .gov or the military?
The job of the Fed is precisely to prevent people who work to sustain themselves and their families from accumulating wealth.
Our masters see the western productive class as a potential threat to their power, and want them expropriated and exterminated, and replaced with a more compliant proletariat---short term, Third World indentured servants, long term, robots who really will be content with "from each according to his ability, to each according to his need."
Needless to say, things are going according to plan.
Interesting ...
In Brazil discrimination is between poor and rich.
You walk in chains, is Japanese, white, black, German, Portuguese, there are several ethnic groups.
What assimilate in the US, the chains you find in the black majority.
Discrimination in the US as well as being financially and in Brazil, is also ethnic.
One thing we have in common, there is no banksters and politicians in jail.
Kkkkkkkkkkkkkkkkkkk
Blacks are different in the US. Most worship ignorance and sloth. Bad dirty people who humans avoid like the plague.
Well, I go to sleep.
Here is an hour and two minutes past midnight.
Tomorrow I have to work.
An excellent end-of-week for you.
:-)
FEDS reply
SUCK IT
http://albainternazionale.altervista.org/1/
ID STUSPS NAME
1 HI Hawaii
2 DE Delaware
3 RI Rhode Island
4 CT Connecticut
5 KY Kentucky
6 NH New Hampshire
7 NV Nevada
8 MA Massachusetts
9 IA Iowa
10 CO Colorado
11 NJ New Jersey
12 UT Utah
13 VT Vermont
14 AR Arkansas
15 WY Wyoming
16 LA Louisiana
17 WI Wisconsin
18 ME Maine
19 ID Idaho
20 ND North Dakota
21 PA Pennsylvania
22 WV West Virginia
23 GA Georgia
24 MO Missouri
25 NY New York
26 MS Mississippi
27 OK Oklahoma
28 VA Virginia
29 KS Kansas
30 AZ Arizona
31 IL Illinois
32 SD South Dakota
33 FL Florida
34 IN Indiana
35 MI Michigan
36 NC North Carolina
37 NE Nebraska
38 OH Ohio
39 SC South Carolina
40 WA Washington
41 CA California
42 AK Alaska
43 OR Oregon
44 MT Montana
45 MD Maryland
46 MN Minnesota
47 TN Tennessee
48 DC District of Columbia
49 AL Alabama
50 TX Texas
51 VI Virgin Islands of the United States
52 GU Guam
53 NM New Mexico
54 PR Puerto Rico
55 AS American Samoa
56 MP Commonwealth of the Northern Mariana Islands
INC
The banking mafia are entirely responsible for creating this situation but they are so blinded by their own greed they can't see it:
1) debt-based consumption aka usury
2) mass immigration
3) off-shoring
have all enriched the oligarchs/banking mafia and impoverished the public but if the public have no spare cash because the parasitic banking mafia have taken it all then *obviously* the economy will eventually grind to a halt.
edit. They're not stupid in the usual sense but effectively in their actions they are beyond stupid because they don't care about the long-term health of the nation and by extension their own long term interests. They only care about their own very short term interests and that's why it always goes wrong.