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"I'm Not Here To Beg You To Open Your F##king Eyes"

Tyler Durden's picture




 

Submitted by Thad Beversdorf via FirstRebuttal.com,

So I’m often asked whether I really believe that government and policymakers intentionally create laws and policies that hurt the people and help themselves.  My answer is typically that

“if you’re asking me this question you know I do but you don’t believe me; so either do your own research or continue to live in the world as you wish to perceive it.  I’m not here to beg you to open your fucking eyes”.

I started this blog about 18 months ago and I have chosen to provide my research with no income attached to it.  It means I have no axe but the truth.  I spent 13 years in major international banks and have been on both sides of the double edged sword that makes the financial services sector a place to reap riches and also to be thrown to the wolves.  That is, I am intimately familiar with the system.  That said, what I’ve discovered is that really very little effort is required to see the world for what it is.

The closest analogy is probably best left to Orwell with Animal Farm.  Humans around the world have been molded to believe they are part of a system to enable them to get ahead.  While some do manage to find a path that has substantial monetary rewards the vast majority (and growing) have, whether they realise it or not, succumb to a role of Boxer, the cart-horse.

That is, our lives revolve around putting in 8 to 10 hours of labour each day for which we receive enough to feed ourselves and our families, have a warm place to sleep and some of us are able to obtain some credit from which we can enjoy things like new cars every few years (while rarely actually owning them).  However, in terms of reaping rewards we sew, it is simply not reality.  The current system has a clear economic hierarchy which began taking shape centuries ago in Europe.  The problem which seems to exist is that people are willing to look at a calendar, see that it’s Thursday but believe almost any (false) figure of authority who says it’s Wednesday.  Let me give you an example.

The official’s unemployment figure is now down to 4.9%.  However, the U3 unemployment calculation, which is the one touted in mainstream media, excludes anyone unemployed that has not looked for work in the last 4 weeks.  That’s right, so if you don’t have a job but you looked for a job 3.5 weeks ago then you are considered unemployed.  However, if you are unemployed and haven’t looked for a job in 4.5 weeks you are no longer considered unemployed, you simply no longer exist according to the U3 figure.  The result is that after 4 weeks of not looking you fall off the radar and the U3 figure goes down.  Wonderful metric eh?

In order to see if people falling off the radar have found work or simply no longer exist we can look to labour force.  When we do it becomes clear that while U3 is moving down so too is labour force.

Screen Shot 2015-10-08 at 10.05.21 AM

This means people are not finding work they simply disappear out of the labour force and so no longer exist according to the unemployment figure we all follow.

Looking at the U3 chart we find another interesting pattern.

Screen Shot 2015-10-08 at 8.45.22 AM

Notice that there does not appear to be a steady state of ‘full employment’.  That is, unemployment declines until it explodes higher into a recession.  So the argument that simply appealing to the U3 figure as a forward looking gauge is nonsense.  Currently we are in the second longest pattern of decline (peak to trough) without entering a recession.  This is concerning because all hard indicators are now showing recession.  So in this sense the historical U3 figure too is signaling we are overdue for a recession.

But isn’t it just easier to accept whatever meme of happiness is being disseminated by those in charge?  Well let me bring this back to Animal Farm.  We are sold the American dream.  We are told the market is at all time highs and are led to believe that means Americans are doing fine.  We are told to continue to do our part to keep America strong and that means get out there and buy stuff and if it’s debt you need to do so well then it’s debt you shall have!  As long as you have stuff you should be happy.

And this continuous message of “you are doing just fine but if you’re not, well everyone else is so it must just be you” prevents most of us from even attempting to explore the truth. For what if it is just me that is failing??  I surely wouldn’t want to expose myself as not keeping up.  But the real message is there in the background.

Screen Shot 2015-10-08 at 9.23.09 AM

While the Pigs whisper words of encouragement into your ear their real message sits ever so faintly behind the facts.  The truth so very clearly is that we have become nothing more than Boxer, the cart-horse for whom the Pigs recognize must be kept warm with belly full but beyond that all equity from your labour and all profits from your debt will go to them.   Remember true capitalism has a natural relationship between profit and labour, but our existing policies have nothing to do with capitalism. Our policies are designed by the Pigs for the Pigs.  Why can we not see that??  It’s right there, now in front of you, have a look.  Stare at it for a moment and contemplate the implications if what I’m saying is true.

So continue to accept that unemployment is 4.9%, continue to accept a Fed manipulated all time high market indicates American workers are strong, continue to accept that 30 years of debt inflated GDP defines economic prosperity, continue to ignore the furnished facts and continue to accept the lies from the Pigs and you will continue to forge the chains of which your grandchildren will wear.  And while I recognize this all sounds very dramatic I expect you haven’t seen nothing yet.

 

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Thu, 10/08/2015 - 15:54 | 6645932 FlSapo
FlSapo's picture
"I'm Not Here To Beg You To Open Your F##king Eyes"

"But it wouldnt F##king hurt either"

Thu, 10/08/2015 - 16:12 | 6646016 Salzburg1756
Salzburg1756's picture

Orwell? Forget it.

Orwell's novel Nineteen Eighty-Four views the tribe as the victims of the government and makes a tribesman the hero of those opposing the government. It therefore presents a very inaccurate view of what we see today. Maurice Bardèche's Nuremberg or the Promised Land presents a much more accurate view:

In 1949, one year after the publication of Nuremberg or the Promised Land, another prophetic book was published, George Orwell’s novel Nineteen Eighty-Four. In it Orwell describes a scary future in which there is a single party dictatorship, living conditions are drab, food is scarce, people’s thoughts are openly controlled by Big Brother, their words and actions are monitored through “telescreens” which they cannot turn off, they are given no choice over what they view on these screens, there is only one channel on the “telescreens” and one film (always a war film) in the theatres, in one such film refugees trying to escape are shot to the delight of the audience, some of these refugees are Jewish, “the Enemy of the People” is a Jew, Emmanuel Goldstein, who is condemned for “advocating freedom of speech, freedom of the Press, freedom of assembly, freedom of thought,” people are openly taught to hate him and his followers during “Two Minutes Hate” and “Hate Week,” sex is discouraged through a “Junior Anti-Sex League,” the Inner Party is called the “Inner Party,” thoughtcrime is called “thoughtcrime,” Thought Police are called “Thought Police,” the media propagate obvious, self-contradictory lies such as: “War Is Peace,” “Freedom Is Slavery,” “Ignorance Is Strength,” people are told that democracy is “impossible” (although the Party is said to be its “guardian”), capitalism is viewed as a barbarity that has “vanished.”

The world described in 1984 little resembles that in the Occident today. We live in multi-party democracies. Our mainstream media tell us not only that democracy is possible and a very good thing, but that its triumph everywhere is virtually inevitable, an inevitability which we should make every effort to encourage. Living conditions are generally good, food is abundant. Capitalism is alive and well and is promoted as an economic panacea. Our politicians advocate the same things as does Emmanuel Goldstein. Our media propagate obvious lies such as: “Diversity is our strength,” but they at least avoid flagrant self-contradictions (some kinds of diversity may indeed be a source of strength, although certainly not the radical ethnic diversity that our media promote). Refugees do not flee our societies, but rather risk their lives trying to get into them. We are not taught to hate, but to tolerate. Sex is not generally discouraged, even among the young. With our multi-channel televisions and the internet we are free to see, hear, read, and discuss almost anything, if not everywhere. Freedom reigns. Yet to some that freedom seems, if not illusory, useless. It is useless because people’s thoughts and actions are monitored and controlled not by anything outside themselves but by their own warped consciences, consciences deliberately warped by our mainstream media, consciences closely resembling Bardèche’s “universal conscience.”

Orwell’s and Bardèche’s books have had quite different careers in the Occident. Orwell’s, although formerly banned in the Soviet Union, has been widely read and praised; Bardèche’s is still banned in France and is generally unknown elsewhere. 1984 has served to warn us against the dangers of Communism, and for that deserves acclaim. But one cannot help but wonder if its general acclaim today is not also an index to its irrelevance. We have escaped the dreadful future envisioned by Orwell in 1984. We have not escaped the dreadful future envisioned by Bardèche in 1948.

Bardèche’s book is a classic. It is of interest today primarily because of what it says about the future. Throughout the first three quarters of the book the discussion of the trial is interlaced with somber warnings and ominous admonitions to the reader: “One is proposing a future to us, one does so by condemning the past. It is into this future also that we want to see clearly. It is these principles that we would like to look at directly. For we already foresee that these new ethics refer to a strange universe, a universe with something sick about it, an elastic universe where our eyes no longer recognize things.”

Bardèche has examined the transcript of the Nuremberg Trial and now, like an ancient prophet after examining the entrails of a sacrifice, he has bad news to deliver and knows that others will not want to hear him. Indeed, very few have been willing to hear him. The last quarter of the book is devoted entirely to an exposition of what the future will bring. That anyone in 1948 could have foreseen so accurately our modern world is to me astounding. Bardèche recognized that the judicial travesty at Nuremberg was not simply an act of vengeance by victors against the vanquished and that what was on trial there was not just the particular German defendants, nor the German nation, nor even National Socialism, but rather nationalism itself: the idea that a people own the land that they have long lived in and have the right to live in it as they wish and to exclude others from living in it if they so wish. It is nationalism in any form which was condemned at Nuremberg.

With amazing prescience Bardèche foresaw in its condemnation the coming of an international system which is first and foremost economic, not political or governmental. Its purpose is to protect an international economic élite, not ordinary persons, or peoples or nations. It offers the latter lots of rights but no guarantees that these rights will be respected. Its laws are unclear (unlike those of a prince) and broadly unenforceable, but the system does not attempt to enforce them broadly but only selectively. For selected victims punishments are severe. Victims are selected not so much because they have broken laws but because they have offended the “universal conscience,” the conscience created and fostered in us all by the media (Bardèche’s “radio”). Bardèche clearly foresaw the system which we today call “globalism,” although he nowhere uses that term. He also foresaw at least implicitly many other aspects of our world: Third World immigration, the irrational glorification of democracy, loss of sovereignty, humanitarian wars and interference, hate crimes, affirmative action, racial miscegenation and replacement, etc.: “At the bottom of the sanctuary there sits a Negro god. You have all the rights, except to speak evil of the god.” “And, from one end of the world to the other, in perfectly similar cities . . . there will live under similar laws a bastard population, a race of indefinable and gloomy slaves, without genius, without instinct, without voice. . . But this will be the promised land.”

http://www.lulu.com/shop/search.ep?keyWords=nuremberg+or+the+promised+land&type=

http://www.theoccidentalobserver.net/2013/07/maurice-bardeches-vision-of-the-future-part-1/

 

Thu, 10/08/2015 - 16:29 | 6646118 Alananda
Alananda's picture

References and review most appreciated.  THANK YOU!

Thu, 10/08/2015 - 16:30 | 6646124 atomicwasted
atomicwasted's picture

References are indeed always appreciated, to enable smart people to follow the trail of where nonsense and idiocy come from.

Thu, 10/08/2015 - 16:29 | 6646119 atomicwasted
atomicwasted's picture

Yeah, I don't know why a book about how great Nazis were and how awful the Nuremberg trials were isn't soaring to the top of the charts right now.  It sounds just peachy.

Thu, 10/08/2015 - 17:13 | 6646360 HopefulCynical
HopefulCynical's picture

It's not that the Nazis were great. It's that the Zionists are worse.

Contemplate THAT for a while.

Thu, 10/08/2015 - 16:45 | 6646234 ersatz007
ersatz007's picture

Blah blah blah. The author referred to Animal Farm - not 1984.

Thu, 10/08/2015 - 17:57 | 6646552 TheSecondLaw
TheSecondLaw's picture

The article is referring to "Animal Farm", not "1984".  So he is talking apples, and you go off about pears. WTF?

Thu, 10/08/2015 - 18:21 | 6646653 gwiss
gwiss's picture

We have not escaped Orwell.  What you have to understand is that we have fulfilled BOTH Orwell and Huxley's prophecies simultaneously.

 

A quibble to illustrate what I mean.  You blow off Orwells three phrases as "obvious, self-contradictory lies", but that misses their point entirely.  Here's the three phrases:

 

War is Peace

Freedom is Slavery

Ignorance is Strength

 

"War is Peace" is not an obvious, self-contradictory lie -- it is, instead, the mantra of the Right.  "America always on the attack" is how they claim we maintain the Pax Americana.  Thus, constant war is what keeps the peace.  And, we are always on the lookout for the next enemy.  First it was easy with the Nazis and Japan.  Then, a little more difficult, we had to go looking for trouble in Korea.  Then more difficult, had to outright fabricate shit to get into Vietnam and in the meantime launched a war against poverty and inequality.  Then the war on drugs.  And now the war on terror.  Endless war in order to keep the peace.

 

How about "Freedom is Slavery?"  Not just a self-contradictory lie.  Instead, it is the mantra of the Left.  Freedom, which requires individual responsibility, is not freedom according to the Left, because when you are responsible for yourself, you are a slave to the constraints of a physical world in which resources exist in limited supply, and a slave to a world full of dangers.  According to this world view, you are not free if you have to exert some concern and effort to feed yourself.  Instead, you are a slave to the requirement of providing food for yourself.  You are not free if you have to provide for your own shelter, instead that represents slavery to the frailties of your human body.  You are not free if you have to take responsibility for providing employment for yourself, not free if you have to provide for your own medical needs, not free if you have to educate your own children, not free if you have to provide for your own needs when you become elderly.  Thus freedom, according to the Left, actually represents Slavery to the constraints of reality, which they promise to alleviate, because they hold the magic wand of Government which can banish all such concerns with a simple wave of the elixir of unlimited resources through taxation and money printing.  They can transcend the constraints of supply and demand through the magic of government -- but only if we give up on our anachronistic insistence on personal responsibility.  It takes a village to make the magic work, you know.

 

How about "Ignorance is Strength"? This one is not just Left or Right, but rather the mantra of power and Government.  We as a society are strong when we trust each other.  We become weak when we doubt each other.  Thus, citizens must trust that government apparatchiks always have their best interest at heart.  Don't ask too many questions.  Welcome the steady growth of classified information and bureaucratic obfuscation as a calming mist of comfort and safety.  Remember -- we can't handle the truth.  We need government up on that wall, doing the things we don't want to know about.  We need to let the professionals, the specialists, handle things.  Don't dig too deeply, don't follow rabbit holes down, accept official explanations without further questions, because questions create dissent.  Those who ask questions have chosen their own curiosity over the health of the group, and thus have demonstrated that they don't put the group ahead of their own interests, and thus have earned being silenced by any means necessary without any fear of the label of tyranny.

 

Thus Orwell's world is alive and well.  Just because it doesn't look exactly how he described doesn't mean it didn't come to pass. 

 

And Huxley's world?  The Kardashians.  Enough said.

 

Thu, 10/08/2015 - 18:42 | 6646747 Five8Charlie
Five8Charlie's picture

Well said. Wish I could give you more than one up vote.

Thu, 10/08/2015 - 18:58 | 6646806 brushhog
brushhog's picture

Very insightful and well written.

Fri, 10/09/2015 - 01:13 | 6647799 Radical Marijuana
Radical Marijuana's picture

http://www.truthdig.com/report/item/2011_a_brave_new_dystopia_20101227/

Unfortunately accurate presentation of ways
social science fiction was turning into reality.

The two greatest visions of a future dystopia were George Orwell’s “1984” and Aldous Huxley’s “Brave New World.” The debate, between those who watched our descent towards corporate totalitarianism, was who was right. Would we be, as Orwell wrote, dominated by a repressive surveillance and security state that used crude and violent forms of control? Or would we be, as Huxley envisioned, entranced by entertainment and spectacle, captivated by technology and seduced by profligate consumption to embrace our own oppression? It turns out Orwell and Huxley were both right. Huxley saw the first stage of our enslavement. Orwell saw the second.

A few of my favourite quotes from Aldous Huxley:

"Facts do not cease to exist because they are ignored."

"You shall know the truth and the truth shall make you mad."

"They are normal not in what may be called the absolute sense of the word; they are normal only in relation to a profoundly abnormal society. Their perfect adjustment to that abnormal society is a measure of their mental sickness."

Huxley's Brave New World is about the application of scientific technologies to make social systems where most of the people are Zombie Sheeple, who are content to be so. The longer term problems are that system is overall too stupid to survive either. The runaway triumph of using science and technology to become better at being dishonest, and backing that up with violence, is still headed towards psychotic breakdowns, due to final failure from too much successful fraud.

http://www.youtube.com/watch?v=5RX-iUfPJ9I

Aldous Huxley - The Ultimate Revolution 1962

http://www.huxley.net/island/

"In his last major work, the Island, the evils that Aldous Huxley has been warning us about in his earlier works - over-population, coercive politics, militarism, mechanization, the destruction of the environment and the worship of science will find their opposites in the gentle and doomed Utopia of Pala." IF one takes what Huxley said seriously, then one MUST address militarism, or the murder systems doing death controls, without which any idealized Utopia necessarily will end up being destroyed.

Fri, 10/09/2015 - 11:55 | 6649173 SuperRay
SuperRay's picture

The international bankers and bilderbergers know that human labor as a metric of wealth is effete. Technology has changed that equation permanently. We are closer every day to the point where robots can replace humans in almost every area of production. Sure, we needed an expanding population to grow society and increase wealth. But that paradigm is being supplanted. I had a professor who pointed out that the sexual revolution in the 60's was completed based in economics.

None of these dystopian views took leaps on technology into account. The bilderbergers will soon conclude, if they haven't already, that they'll do fine with about a billion people, maybe less, in the global population. Most people are superfluous. Not me, though. ;-)

Sat, 10/10/2015 - 14:12 | 6652965 Radical Marijuana
Radical Marijuana's picture

Ha!

Not me, though. ;-)

"human labor as a metric of wealth is effete"

Moreover, the "money" made out of nothing to speculate with now is measured in the quadrillions,  while the share of that "money" that flesh and blood people use to buy food or fuel, etc., has become relatively trivial. The triumphs of ENFORCING FRAUDS have created a virtual world "economy" which is orders of magnitude biggest than the physical world. The increasing abilities of robots to surpass human workers takes place inside of a political economy where the vast majority act like Zombie Sheeple, who cannot be reasonably expected to change.

The systems of legalized lies, which were built around the banks making the public "money" supplies out of nothing as debts, upon which basis were built the corporations, which were fundamentally legalized lies too, has resulted in us living in an increasingly fictional and fraudulent world, but which was backed up by legalized violence for generation after generation to keep that going and growing. Therefore, at the present time, the paper and or electronic "gold" exceeds by more than a couple orders of magnitude the physical gold, and that pattern applies throughout every other area that one looks at!

The vast majority of the flesh and blood people have gradually become Zombie Sheeple, that were being fleeced to exhaustion, while they were being set up to be slaughtered, since the "money" paying for the technology to strip-mine the planet more and more regarded them as insignificant. However, my expectations are that I WILL BE INCLUDED IN THAT GROUP, BY DEFAULT, DESPITE HAVING SOMEWHAT BEEN AWARE OF THAT HAPPENING, AND ATTEMPTING TO RESIST THAT. (If I lived long enough, then I would surely more and more become regarded as one of the superfluous.)

Fri, 10/09/2015 - 09:23 | 6648473 seisen
seisen's picture

Maurice "I am a fascist writer" Bardeche, who wrote about the Resistance's "excesses" and became recognized "as one of the leading thinkers of neo-fascism"?

Bardèche’s is still banned in France and is generally unknown elsewhere.

Wouldn't say so.
"a prophet of a European renaissance for which he had long hoped"

(Jean-Marie Le Pen)

 

Thu, 10/08/2015 - 15:59 | 6645941 JustObserving
JustObserving's picture

As if common people matter in the land of the free.

The land of the free is a fascist, police state masquerading as a democracy.  And the press, completely owned by the CIA, does a fine job of covering that up:

Who rules America? 

The secret collaboration of the military, the intelligence and national security agencies, and gigantic corporations in the systematic and illegal surveillance of the American people reveals the true wielders of power in the United States. Telecommunications giants such as AT&T, Verizon and Sprint, and Internet companies such as Google, Microsoft, Facebook and Twitter, provide the military and the FBI and CIA with access to data on hundreds of millions of people that these state agencies have no legal right to possess.

Congress and both of the major political parties serve as rubber stamps for the confluence of the military, the intelligence apparatus and Wall Street that really runs the country. The so-called “Fourth Estate”—the mass media—functions shamelessly as an arm of this ruling troika.

https://www.wsws.org/en/articles/2013/06/10/pers-j10.html

Snowden's documents revealed that the NSA spies on everyone:

The most extraordinary passage in the memo requires that the Israeli spooks “destroy upon recognition” any communication provided by the NSA “that is either to or from an official of the US government.” It goes on to spell out that this includes “officials of the Executive Branch (including the White House, Cabinet Departments, and independent agencies); the US House of Representatives and Senate (members and staff); and the US Federal Court System (including, but not limited to, the Supreme Court).”

 

The stunning implication of this passage is that NSA spying targets not only ordinary American citizens, but also Supreme Court justices, members of Congress and the White House itself. One could hardly ask for a more naked exposure of a police state.

https://www.wsws.org/en/articles/2013/09/13/surv-s13.html

"The Central Intelligence Agency owns everyone of any significance in the major media." -- William Colby, former CIA Director

Thu, 10/08/2015 - 16:12 | 6646003 Radical Marijuana
Radical Marijuana's picture

Plutocracy, where "wealth" is based on governments enforcing frauds by privately controlled banks.

"... our existing policies have nothing to do with capitalism ..."

The CIA was originally set up by Wall Street Lawyers. From their perspective, the CIA is doing what it was really intended to do, with "national security" becoming the increasingly psychotic cover story for the best organized gangsters, the banksters, to operate with impunity, by being able to continue acting above and beyond the rule of law.

Thu, 10/08/2015 - 16:35 | 6646168 ATM
ATM's picture

a democracy is a fascist, police state. That was the point of setting up a Republic in the USA but as Franklin warned, we couldn't keep it.

Thu, 10/08/2015 - 15:56 | 6645944 Bay of Pigs
Bay of Pigs's picture

Did someone mention pigs?

Thu, 10/08/2015 - 16:12 | 6646028 Sudden Debt
Sudden Debt's picture

I love pigs!

I love bacon! 

I love prok chops!

I love paté!

 

Why are pigs portraied so negative?

Thu, 10/08/2015 - 16:24 | 6646087 11b40
11b40's picture

Keep packing on the pork.  Your cardiac surgeon will explain it to you in a few years.

Thu, 10/08/2015 - 16:30 | 6646125 CheapBastard
CheapBastard's picture

Pork chops are high in protein and B vitamins.

 

 

http://healthyeating.sfgate.com/health-benefits-pork-chops-4294.html

 

Bullish!

Thu, 10/08/2015 - 18:14 | 6646623 cheech_wizard
cheech_wizard's picture

http://www.medicaldaily.com/pulse/fountain-youth-oldest-woman-world-susa...

 

When Alabama-born Susannah Mushatt Jones turned 116 on July 6, 2015, she became the oldest woman in the world. What’s her secret (aside from genetics and a mix of other environmental factors)? Jones wakes up every day around 9:30 to eat a breakfast of bacon, eggs and grits for breakfast, and according to her nursing home aide “she’ll eat bacon all day long.” A sign in her kitchen reads: “Bacon makes everything better.”

Fri, 10/09/2015 - 01:35 | 6647829 bunnyswanson
bunnyswanson's picture

Proven to be false through a study in Australia.  This conclusion came after normal cholesterol values were found in patients with early heart failure or cardiac arrest.  Stress is the #1 threat to our vessels..increase in heart rate and mass effect from biomechanics of muscle tension (bracing onself for a storm or the worst) accelerates aging process from overuse like any other part of our body.  Animal fat is a conductive as well and studies have shown seizue activity lessened with high saturated fat diet. Reference to Fattty liver disease the word:  Fat should be replaced by Undigestable Foreign Body syndrome leading to organ failure. 

Thu, 10/08/2015 - 15:58 | 6645955 FreeShitter
FreeShitter's picture

AS long as CTRL P is working, just close your f##king eyes.

Thu, 10/08/2015 - 16:00 | 6645970 jacship
jacship's picture

if we don't get-it

soon

it's going to be a

hap, happy, christmas

vacation

Thu, 10/08/2015 - 16:03 | 6645982 Sudden Debt
Sudden Debt's picture

Well, if you get angry because nobody's listening, you're trying to much.

Must be that his 18 month old blog isn't running that good I guess :)

Sure the economy sucks and it will end very badly, bad those who want to know do know.

Fuck the rest, they can read and if kittens and puppies are more fun to watch... well hey... watch!

All I do know is, sometimes it's more fun not to know to much. But being frustrated because they don't pick you as their rebel leader is childish.

 

Thu, 10/08/2015 - 17:16 | 6646369 HopefulCynical
HopefulCynical's picture

Very, very true. +100

Thu, 10/08/2015 - 16:10 | 6646008 Ajax_USB_Port_R...
Ajax_USB_Port_Repair_Service_'s picture

FanDeul is the only hope left for the US unemployed.

Thu, 10/08/2015 - 16:10 | 6646012 Sleepless Knight
Sleepless Knight's picture

I have given up trying to talk to people. They just stand there and stare. Stocks up, gas cheap, Utopia for all. (until its not)

Thu, 10/08/2015 - 16:48 | 6646223 Evan Wilson
Evan Wilson's picture

I run into the same thing all the time. To make it as simple as possible, I ask the person I am talking with, "How long do you think 'this' can go on for?"

 

And by 'this', I mean price stability and an economy were things, as bad as they are, still get people fed and kept warm (at least in most of the United States, if you are in other parts of the world, especially the third world, oh well)?

Then I mention to them that:

1: We (USA) run deficiets in the range of hundreds of billions of dollars, with the projection that it is going to go on forever.

2: We owe $18 trillion that we can never pay off.

3: No one wants to even balance the budget, never mind pay it off.

4: We pay for all kinds of stupid stuff, and subsidize stupid stuff at all income levels, all the way from free cell phones up to tax breaks for the largest companies.

5: Many people have given up on working.

6: Every central bank on the planet is rushing to print as much money as possible.

7: The Fed has over $3 trillion in bonds that no one wants/can buy. Freddie Mac and Fannie Mae each have a few trillion in mortgages that no one wanted to buy after the 2008/2009 meltdown, even though they both really should be closed and the orignal talk was that they should both be 'wound up'. Instead, they were used as a vehicle to pump up real estate prices by buying up $4 trillion to $5 trillion in mortgages that would not have gotten funded otherwise.

8: Asset prices are highest they have ever been on the planet, with many people would be unable to buy the home they live in now due to asset inflation.

 

And what are some of the responses I get from people:

1: Some people say to me "things have always worked out so I am sure we will get through it". I remind them this level of ramping up of the money supply and debt is at a level that has never been seen in the history of the planet.

2: They hope that they get to retirement without being laid off and the 401K plan money still has some pruchasing power. They categorically refuse to even consider holding even a few percent of their assets in physical metal or foreign currency as insurance against hyperinflation or capital controls.

3: I had one friend have to move to San Francisco to replace his high paying job that he lost on the east coast, and recommened that he only rent, not buy a house; since dpending on how long this job lasts and what happens with the tech bubble may determine what happens to him in retirement. I pointed out to him while real estate might continue to go up, it would be a disaster for prices if interest rates went back to the historical average of 5% to 8% for 30 year mortgages, or if companies like Google all of a sudden realized they could save at least $100K per employee by moving their workforce to someplace in the MidWest. (I always found it interesting that companies have no problem moving manfacturing to places that so so low cost and such poor infrastructre that they sometimes need to generate their own electricty in order to get the lowest labor possible on the planet, but when they could move people that do 'knowledge work' in top management on a computer and could be based anywhere on the planet with electricity and an internet connection, suddenly find all kinds of reasons why they need to be in a first tier city like New York, LA, SF, Washington, DC, London, etc.)

So what does he do, why he buys a 3,500 sqft house (bigger than the one he left and had to give away lots of expensive furniture because it would cost a fortune to truck it across the country) for almost $1 million for the benefit of being about an hour 'travel time' distance from his office. And of course the wife wants to buy all kinds of expensive furniture to fill up the new house. Hopefully, he does not get caught in the scenario that I described since if the price of the house declines a few hundred thousand just as he is nearing retirement, it could wipe him out financially.

 

Thu, 10/08/2015 - 16:56 | 6646297 Argenta
Argenta's picture

Sooooo, you're saying it's not going to end well?

Thu, 10/08/2015 - 18:57 | 6646796 Nobodys Safe
Nobodys Safe's picture

Hopefully, he does not get caught in the scenario that I described since if the price of the house declines a few hundred thousand just as he is nearing retirement, it could wipe him out financially

I'm hoping it happens to all of them, I didn't always think like that, but now I do. This shit is so fucking insane and getting worse by the day. They will not open thier eyes no matter what happens, they'll put in zero effort to look for any truth. They just don't care!!

Thu, 10/08/2015 - 20:14 | 6647032 acetinker
acetinker's picture

Dearest Evan,

"This" can go on for as long as the majority continues to support "this".

It's a CONfidence game, and it works as long as we believe it.  Look around.  Traffic is horrible- Does this look like the end-of-the-world to you?

Russia is straight-up kickin' ass and takin' names in Syria while spending a fraction of what we (US) do on military adventures.

Israel is STILL not taken to task as the most subversive entity to ever exist in the history of mankind.

And- "Nobody seems to notice, nobody seems to care."  I really miss George, he had balls.

Fri, 10/09/2015 - 09:59 | 6648632 Evan Wilson
Evan Wilson's picture

Majority support

Part of this is a confidence game, where the belief by the majority keeps it all going, but there is another element that, even with all of the belief in the world, will not change the outcome, and it will be a bad outcome.

As one exmaple, US Treasury bonds or T-bills. We all know that at some point everyone is not going to get their money back that own those things. The 'best outcome' is that the money is so inflated that the bonds can be paid, but the money will be worth almost nothing. The worst outcome is that the government defaults on part or all of the debt. As long as people 'believe' that the US Treasury bonds are good, then they are good and will trade like they are good. The problem is that as time goes on, and more and more debt piles up, at some point it would become impossible to even pay the interest on the bonds without printing lots and lots of money. In that case, while technically the bonds never defaulted, and the majority of the people still 'beleived', the economics make it so that they will get repaid with worthless money and the money the idiots of the majority support had in them, is worth nothing.

Maybe even then some people will still 'believe', but the end effect is that they will be punished for being so stupid.

 

I do find that there are a number of people that I have given up on talking about with such things, since they do seem to insist that 'there is no problem' and that 'everything is fine'; which it will will be, until suddenly it isn't anymore.

 

I use to have some hope that the disaster of 2008/2009 would have been a 'wake up call for everyone'; but instead it seems like it is 'business as usual' for the typical idiots, especially large banks and firms. They could set aside a little more capital and deleverage a little in order to increase their changes of surviving the next meltdown, but instead they all seem bent on leveraging to the max and expecting that every time they will get bailed out, not seeming to realize that they have be a point at which no one can save them.

Sun, 10/11/2015 - 00:01 | 6654431 acetinker
acetinker's picture

It's like Yogi said, "Ninety percent of this game is half mental."  What he didn't say was that the other half is ninety percent emotional.

You can fret over technicalities all you want, but the truth is; "It ain't over 'til it's over."

Thu, 10/08/2015 - 17:02 | 6646321 Ms. Erable
Ms. Erable's picture

Yup. You can lead a sheep to water, but you can't make them think.

Thu, 10/08/2015 - 16:11 | 6646018 Recognizer
Recognizer's picture

Why does one of these charts have a subliminal middle finger in the background, shouldn't it be in all three?

Thu, 10/08/2015 - 16:13 | 6646031 insanelysane
insanelysane's picture

The laws make perfect sense.  In most states it is illegal to bet on a football team that has been drafted by professional people employed to draft football teams but it is perfectly legal to draft your own team and then bet on it.  Amateurs drafting and betting is considered skill.  Professionals drafting and amateurs betting is gambooziling.

Thu, 10/08/2015 - 16:16 | 6646035 gcjohns1971
gcjohns1971's picture

The amazing thing is not that all people given enough incentive and opportunity to profit from morally bankrupt activities, such as theft and murder, will engage in them.

What is amazing is that people DO recognize it, often because they themselves ENGAGE in it, and at the same time believe they will benefit from giving some third party STILL GREATER INCENTIVE AND OPPORTUNITY to profit from malactivity against THEM.

It is like a gangster who squeezes businesses while running a protection racket appealing to a bigger gangster for protection, but somehow not expecting to get squeezed in turn.

It is truly a form of madness to expect to be immune from the same activties by which one victimizes others.

Thu, 10/08/2015 - 16:16 | 6646052 NRGIsFree
NRGIsFree's picture

You don't need to get everyone to open their eyes. When the student is ready the master will appear. I liken it to planting seeds. Just keep planting seeds and keep watering. When thing get "strange" even for the most asleep among the sheep all will start to believe. Be thankful for those who came before you when the numbers of awakened were far fewer. If everyone woke up at once there would be chaos. Keep the faith.

Thu, 10/08/2015 - 16:48 | 6646245 withglee
withglee's picture

For all recorded history the people have bought into religions of all kinds. Why would we ever expect that to change? Is that the "faith" you are asking to be kept?

Thu, 10/08/2015 - 16:19 | 6646063 wisebastard
wisebastard's picture

gods a fucking pedo

Thu, 10/08/2015 - 16:25 | 6646088 assistedliving
assistedliving's picture

Dear Thaddeus Beaverswuff,

U neglected to mention that capitalist greatest equalizer of all...the stock market.

if all us sheep just buy moar stocks, well hell, we ALL GET RICH!  Pigs and all!

HOORAY!!!

 

 

Thu, 10/08/2015 - 16:25 | 6646089 TeethVillage88s
TeethVillage88s's picture

Pension Funds and Savings Deposits = Pyramid Schemes?

- Well FDIC is under Funded and both Public & Private Pensions and Retirement Funds are under funded

Central States Pension Fund Prepares To Slash Hundreds of ...
http://inthesetimes.com/working/entry/18472/central_states_pension_fund_...
2 days ago ... Finally, last Friday, the Central States
Pension Fund sent those dreaded letters to 407,000 workers and retirees, mainly Teamsters employed by ...

Teamsters plan moves to cut retiree benefits | BenefitsPro
http://www.benefitspro.com/2015/04/10/teamsters-plan-moves-to-cut-retire...
Apr 10, 2015 ... Trustees of the financially-strapped Teamsters Central States multiemployer pension fund have told union leaders they plan to rely on the ...

Pension fund may cut benefits for 273,000 workers and retirees - Oct ...
http://money.cnn.com/2015/10/07/retirement/central-states-pension-fund-c...
1 day ago ... The Central States Pension Fund says it needs to cut benefits for 273000 current and future retirees by as soon as July. Otherwise, it won't be ...

Central States unveils website for rescue plan to save underfunded ...
http://www.pionline.com/article/20150618/ONLINE/150619842/central-states...
Jun 18, 2015 ... Teamsters Central States, Southeast & Southwest Areas Pension Plan acknowledged “clearly the math will never work” on funding its defined

- pay outs for Pension Benefit Guaranty Corporation (federal Trust Fund), 1999 = $1.23 Billion, 2000 = $1.35 Billion, 2001 =$1.37 Billion. Okay, but today 2010 = $5.59 B, 2011 = $5.89 B, 2012 = $5.86 B, 2013 = $5.89 B. There is a continual need to supplement Pensions. 2010 PBGC's deficit increased 4.5 percent to $23 billion (Liabilities beyond assets)

- Federal direct student loan program 1999 = $52 Billion, INCREASED to 2013 = $675 Billion. (Risky)
- 2013 Total FDIC Trust Fund in Treasuries = $36.9 Billion + $18 billion in the DIF (Risky)
- 2013 Total National Credit Union Trust in Treasuries = $11.2 Billion

Thu, 10/08/2015 - 16:34 | 6646157 CheapBastard
CheapBastard's picture

I am not jealous or anything but I do thing it's strange the local firemen will retire early with a $1.8million package while the local lawyers, engineers and doctors are struggling to make their contribuitons to their 401(k) or Roths which are no where near half that. And that's on top of their loan repayments for all that edukation.

Thu, 10/08/2015 - 17:01 | 6646317 TeethVillage88s
TeethVillage88s's picture

Yeah Thanks. Those are some of the most educated people. If we could guarantee that those professionals also knew Western History and helped spread the word in their communities we would probably give them big credit.

But we need all kinds of people and jobs are not paid based on value or potential value to society.

Driving Truck, Welding, Machining, Wood working, fixing transportation, working on bridges and highways, sewer work, trash collection.

How much are good K-12 Teachers worth, if they can figure out how to get students supplementary text books and inspire students to have discipline and enjoy learning?

- I am just focusing on things not said by politicians, the MSM, the press, the federal reserve, the corporations

- Focusing for a moment on what problems get no attention

- Focusing of the fact that Tenured Politicians only listen to the Wealth Interest Groups

I should make a list. Problems that are ignored.

Thu, 10/08/2015 - 23:28 | 6647606 acetinker
acetinker's picture

I might be persuaded to think firefighters are above reproach- even though they spend 99.9% of their time sitting on their asses and washing fire trucks.

It's when you start defending lawyers- and their attendant engineers and doctors, that you invoke my ire.

Thu, 10/08/2015 - 22:10 | 6646096 samsara
samsara's picture

I can explain it to you, But I can't understand it for you

Thu, 10/08/2015 - 16:33 | 6646150 Son of Captain Nemo
Son of Captain Nemo's picture

And while I recognize this all sounds very dramatic I expect you haven’t seen nothing yet.

No we have "NOT"!...

At this stage we need to be more concerned with the fact that Boxer with the M16 rifle or his fingers on the "keys" has been forward deployed in some cases for more than 10 years and is still more worried about "his belly" then he is the continued consequences of his own actions by continuing to "obey" the pigs!

Thu, 10/08/2015 - 16:43 | 6646220 withglee
withglee's picture

By my poll (189 respondents), only 8% (15) know that WTC7 fell down. 100% know that WTC1 and WTC2 fell down.

Thu, 10/08/2015 - 16:49 | 6646259 frankly scarlet
frankly scarlet's picture

Whatever the event I've learned that the Fed can paper it over.....so far anyway. Is this guy a liitle angry because too many people remain asleep...or that the "collapse" is taking longer than anyone expected...or he didn't get a lunch break while thinking on and typing this memo out?

Thu, 10/08/2015 - 16:50 | 6646266 wisebastard
wisebastard's picture

the world is ran by a bunch of coward ass faggots............they are dumb worthless POS mother fuckers..........there are peanuts in my shit that will evolve further then these scumbags

Thu, 10/08/2015 - 16:54 | 6646290 InnVestuhrr
InnVestuhrr's picture

I saw a report that 94 MILLION people are outside the official labor force.

Please forgive my ignorance and explain what 94 MILLION people are living on (in terms of income) if they are not "employed" ????

Thu, 10/08/2015 - 16:58 | 6646307 Argenta
Argenta's picture

Off you and me and every other working stiff paying well north of 40% of his salary in taxes.

Thu, 10/08/2015 - 17:16 | 6646366 willwork4food
willwork4food's picture

Please forgive my ignorance and explain what 94 MILLION people are living on (in terms of income) if they are not "employed" ????

 

Those are the young and older members of society. Usually school children and retired/ disabled on medicare.

Thu, 10/08/2015 - 17:46 | 6646498 InnVestuhrr
InnVestuhrr's picture

So are these 94 million people supposed to be counted in the workforce or not ?

Thu, 10/08/2015 - 20:02 | 6646933 Cthonic
Cthonic's picture

http://www.bls.gov/cps/cpsaat03.htm

 

NILFs+jobless, percentage of male/female civilian non-institutionalized population in given age range:

 

male age range

35% 20-24

16% 25-54

33% 55-64

78% 65+

 

female age range

39% 20-24

30% 25-54

44% 55-64

86% 65+

 

Fri, 10/09/2015 - 05:17 | 6648013 InnVestuhrr
InnVestuhrr's picture

WOW !!! Good data post, thanks

These numbers are SHOCKING - USA is doomed to HUGE social, economic, political problems as this immense band of unemployed expands and ages !

Fri, 10/09/2015 - 05:29 | 6648026 InnVestuhrr
InnVestuhrr's picture

See the post below - you are TOTALLY WRONG.

Thu, 10/08/2015 - 17:49 | 6646519 InnVestuhrr
InnVestuhrr's picture

When I started out and saw that the regime was stealing 40%+ of my earnings as you pointed out, I engaged in a crusade to get my own businesses so I could at least have a broad range of deductions and ways of deferring and redirecting income, so I lowered the theft rate to about 10%.

If I had to endure a theft rate of 40% my entire life I would not work at anything in the official system where I would be subject to that plunder.

Thu, 10/08/2015 - 21:00 | 6647166 PoasterToaster
PoasterToaster's picture

Most of them live partially outside the system already.  The idea that there is all this free money if you are poor is nonsense.  If you disagree, try to go get some of it.

A better question at this point in time might be, given that almost everyone in the country knows people who are struggling, how is it people on this board are still completely ignorant of the situation and hostile towards talking about it?

Thu, 10/08/2015 - 17:10 | 6646344 jcdenton
jcdenton's picture

A voice from the grave, that many will celebrate 500 years, in t-minus ~2 years ..

 

It is not to be denied that buying and selling are necessary. They cannot be dispensed with and can be practiced in a decent manner, especially when the articles of trade serve a necessary and honourable purpose. For in this wise even the ancients bought and sold cattle, wool, grain, butter, milk, and other goods. These are gifts of The Creator and Nature, which is bestowed out of the earth and distributes among men. But foreign trade, which brings from the East, wares like costly silks, gold-work and spices, electronic entertainment goods, etc. which tend to minister only to luxury and serve no other practical purpose, and which drains away the wealth of land and people,—this trade would be better managed, if we had good and proper government.  But of this it is not my present purpose to write, for I think that like lavish dressing and overeating, it will have to stop of itself when we have no more money. Until then neither writing nor teaching will do any good. We must first feel the pinch of want and poverty. [edited and updated for present purposes]

-- Martin Luther, Trade and Usury (1524)

 

I do think he is speaking to us ..

 

Thu, 10/08/2015 - 20:05 | 6647011 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

If a system works to take money from your pocket and put it into the pockets of the one per cent, you should avoid doing business with that system entirely. The one per cent governs via herd behaviour, and they will always corral the herd like sheep, or cattle, into products & services that they profit from. In brief, tune in, turn on, and drop out because you don't want to be a cart-horse.

Thu, 10/08/2015 - 20:59 | 6647180 Ms No
Ms No's picture

Orwell basically described the psychopathic trait of gaslighting on a national or global scale which is exactly what we are living.  Pat yourself on the back for not completely losing your hold on reality because being exposed to gaslighting for extended periods will cause just that. 

"Gaslighting is a form of mental abuse in which information is twisted or spun, selectively omitted to favor the abuser, or false information is presented with the intent of making victims doubt their own memory, perception, and sanity.[1][2] Instances may range simply from the denial by an abuser that previous abusive incidents ever occurred, up to the staging of bizarre events by the abuser with the intention of disorienting the victim."

Fri, 10/09/2015 - 04:12 | 6647960 iAmerican
iAmerican's picture

"Gaslighting the Goyim" is a liturgical feature of Rabbinical Talmudism "worship": The regular execration of the Gentiles (their unwitting neighbors and "countrymen") includes the instruction, from birth, the congregants' duty is "to lie to, cheat, rob, enslave, and kill, with impunity" all not of their satanic cult psychosis.

The Khazars were the cult impaling Christ-killers of tens of thousands of Christs, and Immanuel, by which the Roman Empire was constructed through mass terror...and their karmic bond to Earthy Evil appears to be immutable. They then supplied Rome's ruling false-elite the manpower to administer their "Wall Street of slavery" at Rome for over 2,000 years.

They yet provide the same satanic partnership to Rome's Fifth Column's Civil War conquererors in the Federal Government  and Organized Crime.

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