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Get Ready For Crazy

Tyler Durden's picture




 

Submitted by Jeff Thomas via InternationalMan.com,

Recently, the Honduras homes and businesses of the family of Jaime Rosenthal were raided by the Honduran government. The properties themselves were seized and other assets taken. The family-owned bank was also seized and has been forced into liquidation, creating potential financial crisis for its 220,000 clients.

 

Throngs of angry clients, unable to go about their personal and professional business, have blocked surrounding streets, demanding the release of their savings.

 

 

In response, the government has promised that each depositor will have the opportunity to withdraw up to US$9,600 from other banks, beginning with the smallest depositors.

At first glance, those of us who live in the First World may regard this sort of crazy seizure as typical Third World governmental behaviour, but, in recent years, the First World has been changing. We’ve witnessed banks and governments confiscating depositors’ funds, increasing capital controls, and instituting asset forfeiture laws that have turned police departments into looters. They’ve created dramatically increased powers for all authorities, leading the populace to live in fear of detention or arrest for the smallest perceived infraction.

Some First World governments have taken a decidedly Third World turn.

And in this instance we see an ironic twist: The raids in Third World Honduras were a direct result of the legalised shakedowns that are occurring in the First World.

With the understanding that the U.S. government now seizes the assets of those they charge with a crime (and sometimes with no charge having been made), the government of Honduras undertook their seizure of the Rosenthals’ assets as a preemptive act, after one of the Rosenthals had been arrested in the U.S.

In essence, what we’re seeing is one government acting in a totalitarian manner to preempt another government acting in a totalitarian manner. Worse, the latter government is that of the U.S., once regarded as the leader of the Free World.

In discussing the event with a colleague in Honduras, I was advised that, as she is British, she has come to assume that the First World, into which she had been born, was more developed, more civilised than the Central American country in which she now resides. Although she was aware of the 2013 bank confiscation in Cyprus and has heard rumblings of new restrictive laws in the EU and U.S., she had not pieced together the fact that, whilst Third World countries continue to develop, the First World is going in the opposite direction and is beginning to pass the Third World level on their way down.

The First One to Make the Grab Gets the Spoils

The Honduran government said in a statement that it conducted the raids and closed the bank because it “wants to prevent the transfer of assets during the investigation.”

It would seem that they were content to leave the future of the Rosenthal businesses to the free market, but were not willing to allow the U.S. government to seize substantial assets that make up a part of the Honduras economy. The choice, then, was to either allow the U.S. plunderers to seize assets located in another country, or to become the plunderers themselves. In essence, “I don’t wish to see my neighbour robbed, but if I know someone’s coming to my neighbourhood to rob him, I’ll rob him myself first.”

If this were to be the only incident of its kind, it wouldn’t be worth the effort to provide comment. However, it may well be a bellwether of events to come. Certainly, those who seek public office (in all or at least most countries) are far more focused on their own benefit than the well-being of their constituents. As such, if they feel that the squeeze is on (be it a political, military or monetary squeeze), we can expect them to behave in a manner that’s intended to save their own skin, not that of their people.

Historically, such conditions begin with a few small warnings, such as the one in Honduras, then, at some point, bubble over quickly. The “crazy” period is usually brief, usually a few years at most, then it burns itself out after the wealth has disbursed.

If this premise is correct, we can predict a period of increased looting by governments in general. We already know that the leading jurisdictions of the First World are in serious economic trouble and are instituting draconian measures at home in order to grab what they can from their citizens on their way down. In addition, they’re spreading their reach throughout the world under the auspices of organisations like the Organisation for Economic Cooperation and Development to loot assets in other countries under the pretence that they constitute “the good guys,” whilst the rest of the world constitutes, “the bad guys.”

The real truth, of course, is that “the good guys” are in no way better than the rest of the world; they merely have more power and, at least for the present, have the ability to presume their good guy status through force.

By extension, we can anticipate that, as the Great Unravelling progresses, we shall see actions being taken by governments and financial institutions worldwide that we’ve never seen in our lifetimes. An aggressive action taken by one entity will cause a knee-jerk reaction by the target entity and, in some cases, chain reactions will occur. In addition, as in Honduras, we shall see preemptive aggressive actions taken in the belief that another entity may move first. Along the way, a sense of what is morally right will lose its importance. In its place, we shall see a “Nice guys finish last,” ethic come to the fore. Those who behave the most honourably in this period will become the foremost victims of those whose ethics have, until the present, been more the product of convention than conviction.

The looting of the tribes is nothing new. It goes back throughout history. It flourishes during crisis times, then subsides, as productivity reasserts itself.

The question that remains is what to do during the crisis period, when, it seems, everyone is going after each other’s possessions.

History tells us that the vast majority of people hunker down and hope that they’re not victimised too badly. In the end, they generally end up as casualties to a greater or lesser degree.

Others vote with their feet. Throughout history, whenever there’s been turmoil in some countries, there have been other countries where the government and/or society is less aggressive and less rapacious. The same is true today. There are many jurisdictions where those who plan ahead can either move permanently, or merely plan to wait out the storm.

 

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Thu, 11/12/2015 - 19:04 | 6784347 nope-1004
nope-1004's picture

The real truth, of course, is that “the good guys” are in no way better than the rest of the world; they merely have more power and, at least for the present, have the ability to presume their good guy status through force.

 

Good thing markets are totally free, hey Marty?  Otherwise force wouldn't be needed, now would it?

lmao

Thu, 11/12/2015 - 19:05 | 6784359 SILVERGEDDON
SILVERGEDDON's picture

Coming to a Bank of America, or a JP Morgan Chase bank near you soonest.

Goldman will have us all licking their Sachs for extra calories any minute now.......

Thu, 11/12/2015 - 19:10 | 6784375 RaceToTheBottom
RaceToTheBottom's picture

But don't worry, Bankster bonuses will continue as before.

Thu, 11/12/2015 - 19:37 | 6784462 0b1knob
0b1knob's picture

Rosenthal?

Let me make a wild guess.  He's Mormon.

Thu, 11/12/2015 - 19:43 | 6784481 pupdog1
pupdog1's picture

No... That's a traditional Amish name.

Thu, 11/12/2015 - 20:04 | 6784554 Jay Gould Esq.
Jay Gould Esq.'s picture

For a moment, I thought that was an image of a "Black Friday" Wal-Mart crowd.

Thu, 11/12/2015 - 20:10 | 6784571 LowerSlowerDela...
LowerSlowerDelaware_LSD's picture

"Some First World governments have taken a decidedly Third World turn."

WELCOME... To Obamaville.

Thu, 11/12/2015 - 20:21 | 6784600 RaceToTheBottom
RaceToTheBottom's picture

More accurately called FED-ville

Thu, 11/12/2015 - 20:38 | 6784656 Keyser
Keyser's picture

Rosenthal? Hmm, makes one wonder if it's the same tribe that is linked to the Clinton Foundation and their absconding with donations meant for Haitian disaster relief... 

Thu, 11/12/2015 - 21:03 | 6784745 Beam Me Up Scotty
Beam Me Up Scotty's picture

I thought Simon Black said it was a good idea to keep some of your assets overseas. Maybe not. I think the bottom of the lake is the best place.

Thu, 11/12/2015 - 21:26 | 6784805 palmereldritch
palmereldritch's picture

RRRRRRRRRR

It be The Bank of Roatan

Ask about our term deposits....
http://www.roatanhistory.com/

"Legends continue of ghosts of the past. Ghosts, or "duppees", reportedly have been sighted by various locals. They tell that men burying gold would kill a man, leaving his body with the gold to "watch" the gold. After centuries, the ghost is reportedly tired of watching, and will give someone specific directions on how to find the gold. If those instructions are followed exactly, the seeker reportedly can find the gold. One local tells of a ghost blowing in his ear when he was in a remote area of the wilderness hunting crabs late at night."

Thu, 11/12/2015 - 21:33 | 6784829 McCormick No. 9
McCormick No. 9's picture

re: Government looting:

MOLON LABE motherfuckers. It ain't in the bank, com'n get it if you think you can.

Thu, 11/12/2015 - 21:56 | 6784898 Talleyrand
Talleyrand's picture

They can.

Thu, 11/12/2015 - 22:47 | 6785018 Tonald J Drump
Tonald J Drump's picture

define can

Fri, 11/13/2015 - 00:20 | 6785262 Talleyrand
Talleyrand's picture

Well...Ruby Ridge, Whiskey Rebellion, War to Prevent Southern Independence, Executive Order 6102, World Trade Center, Waco, Obamacare, Sacco and Vanzetti, Wounded Knee, Alien and Sedition Act, FRN... What more do you need?

Fri, 11/13/2015 - 00:31 | 6785292 Tall Tom
Tall Tom's picture

Bundy Ranch.

 

They stood down.

Thu, 11/12/2015 - 23:37 | 6785150 Bill of Rights
Bill of Rights's picture

Get off your knees boot licker.

Fri, 11/13/2015 - 00:06 | 6785228 Talleyrand
Talleyrand's picture

Good luck, asswipe.

Thu, 11/12/2015 - 22:53 | 6785036 SixIsNinE
SixIsNinE's picture

Arrrrrrrrrrrrrgh  Matey, Land Ahoy, me Pirates !

Stay Flat !

Treasure & Booty there for the Looting !

Explore our Home Plane , BitcheZZZ -do it Like AdMirAL ByRD

Operation HIGH JumP - https://www.youtube.com/watch?v=skjjfKwHFFs

Thu, 11/12/2015 - 23:18 | 6785100 palmereldritch
palmereldritch's picture

Enterrrrrrrtaining but alas debunked

http://www.nature.com/news/2007/070330/full/news070326-14.html

Search for the PDF of Summerhayes' paper that puts this Nazi pirate booty to bed once and for all

Thu, 11/12/2015 - 23:06 | 6785068 o r c k
o r c k's picture

sounds like gossiping mosquitos?

Thu, 11/12/2015 - 20:24 | 6784611 OldPhart
OldPhart's picture

Paraphrasing Jimmy Buffet:  "Wastin away, again, in Obamaville...searchin' for my cardboard box.  Some people say there's some banks to blame, but I know, it's everyone's fault."

Thu, 11/12/2015 - 20:33 | 6784644 Keyser
Keyser's picture

It could be a Jamaica Mistaka... 

 

Thu, 11/12/2015 - 20:39 | 6784661 macholatte
macholatte's picture

Will the Clinton assets be seized??...

xx

 

Just another   Fairy tale

Thu, 11/12/2015 - 20:49 | 6784696 ersatz007
ersatz007's picture

Fuck no

 

Thu, 11/12/2015 - 20:53 | 6784714 eforce
eforce's picture

Honduras is a 1st world country? lol

Thu, 11/12/2015 - 20:59 | 6784727 Stuck on Zero
Stuck on Zero's picture

The difference between a 1st world country and a 3rd world country is ethics. Nothing more. Nothing less.

Thu, 11/12/2015 - 21:04 | 6784751 Beam Me Up Scotty
Beam Me Up Scotty's picture

Then we are a third world country FOR SURE

Thu, 11/12/2015 - 21:25 | 6784803 LowerSlowerDela...
LowerSlowerDelaware_LSD's picture

"The difference between a 1st world country and a 3rd world country is ethics. Nothing more. Nothing less."

Short, concise and hits the point well.  Excellent.

Thu, 11/12/2015 - 21:49 | 6784876 Eyeroller
Eyeroller's picture

What is a Second World country??

Thu, 11/12/2015 - 23:05 | 6785067 techpriest
techpriest's picture

Someone transitioning between "first" and "third." On the way up it means that the ethics are there but the wealth is still being created. On the way down, it means not all of the wealth has been blown yet.

Fri, 11/13/2015 - 00:09 | 6785239 CapnJackDaniel
CapnJackDaniel's picture

It's a historical reference.

Old World = Europe.

New World = The Americas.

Third World = Everywhere else.

Gradually, that last term came to mean shithole, and then elitist wankers with economics degrees (but poor history grades) started assuming that in turn meant there was a 'first world', and they were in it. They were safe to assume that and pass it on, because elitist wankers like that tend to get stabbed early on in the 'Third World'.

Fri, 11/13/2015 - 07:09 | 6785707 new game
new game's picture

first(way it was) plus third(imigrants)=todays fucking mess of cross culture, truely a caldron ready to boil over. i'm out of tolerance, itchy trigger finger, deer hunting and all...

bruce jenner for prez, captures what WRONG in merica go round..

no ha today...

Fri, 11/13/2015 - 04:36 | 6785604 killieboy
killieboy's picture

Sweden, although just passing through on the way to third world status.

Fri, 11/13/2015 - 06:46 | 6785687 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

Rubbish.

Fri, 11/13/2015 - 04:37 | 6785605 killieboy
killieboy's picture

Oops!

Fri, 11/13/2015 - 11:07 | 6786409 thor58
thor58's picture

Canada!

Fri, 11/13/2015 - 11:07 | 6786410 thor58
thor58's picture

Canada!

Thu, 11/12/2015 - 22:11 | 6784937 uplicidlit
uplicidlit's picture

More like the (semi) rule of law. Fixed it.

Me see few ethics in the USSA.

Thu, 11/12/2015 - 22:55 | 6785042 SixIsNinE
SixIsNinE's picture

 no - the difference is the number of min wage young bucks with M16s loitering around the ATMs

 - oh, with camo BDUs on to impress the Chickas !

Thu, 11/12/2015 - 23:55 | 6785196 Jeffersonian Liberal
Jeffersonian Liberal's picture

I've heard some people, including those with a decidedly socialist lean who have made a lot of money capitalising (notice the lowercase c) on the fiat system say that, if the economy collapses, they'll simply take their money and move to Costa Rica.

Really?

Look at a map.

Even if Costa Rica is friendly and a decent country, it is surrounded by countries whose citizens would make a sport of robbing and killing the stupid rich Americans who thought they could flee to safety and life-in-paradise by simply escaping to Latin America. No amount of USD would be able to buy protection.

Fri, 11/13/2015 - 06:51 | 6785690 Dutti
Dutti's picture

Unfortunately you don't seem to know what you're talking about. Obviously you have never spent a few month in Costa Rica and the surrounding countries, otherwise you would have noticed that Panama is actually a more advanced and safer country. 

The part where you write: "robbing and killing the stupid rich Americans" can happen anywhere in the world, not the least in the US itself.

Fri, 11/13/2015 - 07:14 | 6785710 new game
new game's picture

seems as though those dirty white europeans float to the top, ha

all things considered

could always move to rowanda, wanda? ha again

how about nigeria, anywhere in frica? ha for the third tyme...

geez, what colorfull conversation.... 

Fri, 11/13/2015 - 07:39 | 6785732 Ace Ventura
Ace Ventura's picture

That may be the case...TODAY. But rest assured, when TSHTF in one of those caribbean or central american paradises....the first conveniently-available patsies the current government will point the finger to....are those dastardly gringos. Look at them...they come here with all their riches and live like kings.....in YOUR country, amigos! Off with their heads!

 

Fri, 11/13/2015 - 00:27 | 6785287 The Pope
The Pope's picture

 "For a moment, I thought that was an image of a "Black Friday" Wal-Mart crowd."

 

No way - Not enough fatties.

Thu, 11/12/2015 - 21:13 | 6784780 Vuke
Vuke's picture

Nonsense.  The name is authentically Irish......

Fri, 11/13/2015 - 00:48 | 6785324 uhland62
uhland62's picture

It translates as Rose Valley. May mean what you think, but not always. The old Frau Rosenthal who lived underneath us in Berlin would not have been there had she not been German. 

If this is the new world order I want the Cold War back.

Fri, 11/13/2015 - 00:16 | 6785264 V for ...
V for ...'s picture

Definitely not kosher. Mush be shome mishtake (Ed). Maybe martian?

Fri, 11/13/2015 - 03:14 | 6785528 Buck Johnson
Buck Johnson's picture

I have a strange feeling that Jewish bankers and businessmen aren't going to feel to safe anymore after all the shit they have done.  http://www.bloomberg.com/news/articles/2015-10-12/he-s-a-banker-crocodil...

 

Fri, 11/13/2015 - 04:04 | 6785575 Johnny Horscaulk
Johnny Horscaulk's picture

Theres no chance of global coordination amongst a highly ethnocentric minority, Citizen. Cease your microaggressions, and look no further into this matter.

Fri, 11/13/2015 - 07:03 | 6785699 Johnny Horscaulk
Johnny Horscaulk's picture

We are not supposed to talk about that. A tiny minority must be allowed to have more and more and more financial, political, and media power in dozens of countries without complaint.

Now - you might be called a name.

Soon you may be sent to a camp.

The Bolsheviks loved killing people in camps.

We ate t supposed to discuss the facts if thatt matter either.

Although - you may happily debate the number of wthnic Russians killed.

But there is one number you must never debate and if you do, you WILL GO TO JAIL.

Even *doubt* is a crime in the Empire

They just threw an 87 year old woman in jail

http://m.belfasttelegraph.co.uk/news/world-news/german-neonazi-87-jailed...

Thu, 11/12/2015 - 20:27 | 6784614 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

This step taken by the government of Honduras seems to be aimed specifically against vulture funds.

Thu, 11/12/2015 - 23:21 | 6785107 Apply Force
Apply Force's picture

Could be, but I'm pretty sure the photo accompanying this post is from an early-bird buffet line in Honduras - - all of those fuckers look old!

Fri, 11/13/2015 - 03:57 | 6785568 Johnny Horscaulk
Thu, 11/12/2015 - 19:24 | 6784429 Antifaschistische
Antifaschistische's picture

Note to self:   Use Honduras as the 100th example, and painful reminder, over the last ten years that storing your life savings in electronic fiat is dangerous for your financial health.

Thu, 11/12/2015 - 20:37 | 6784655 813kml
813kml's picture

He who seizes first seizes best.

Thu, 11/12/2015 - 20:41 | 6784667 Keyser
Keyser's picture

Just more proof that one should remove their assets from the reach of the banking cabals and to invest it in something tangible... Ancient relics seem to be in vogue these days, even if the paper price is going down... With the Comex levered to 293-to-1, it won't be long until the great unraveling commences... 

Thu, 11/12/2015 - 21:32 | 6784822 11b40
11b40's picture

Yes, and possession is 90% of the law.

Thu, 11/12/2015 - 22:31 | 6784973 Freddie
Freddie's picture

Off Topic:

Russians have deployed S-300 and S-400s in Syria.

http://www.liveleak.com/view?i=90d_1447324892

 

Thu, 11/12/2015 - 23:30 | 6785128 palmereldritch
palmereldritch's picture

Given the Chinese Anti-satellite missile test on October 30
https://www.rt.com/news/321654-china-missile-test-satellite/

And that sub missile show off LA on November 7
https://www.rt.com/news/321654-china-missile-test-satellite/

Hmmm...could they be related?...Makes you wonder what else out there that's under-reported is also related...?

Fri, 11/13/2015 - 04:05 | 6785577 Johnny Horscaulk
Johnny Horscaulk's picture

According to the nyt, those missiles are designed to hit hospitals and orphans holding kittens.

Thu, 11/12/2015 - 19:29 | 6784437 crazytechnician
crazytechnician's picture

Blockchain would solve this problem.

Metal bugs can go to hell on this......

Blockchain could hold an immutable record of who owns exactly what piece of land title in global registry.

You Preppers out there should take tis as a wake up call. You hate blockchain , and fuck bitcoin as well haters , but this could be solved once and for all with blockchain ,,,,,,,,,,

Thu, 11/12/2015 - 20:34 | 6784629 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

Blockchain technology is vigorously championed by the big banks, and it is being developed by Blythe Masters; who is infamous for having been the architect of disastrous financial products in the not-too-distant past.

Blockchain additionally raises a great deal of concern regarding privacy & other basic civil rights.

Thu, 11/12/2015 - 21:54 | 6784892 NoDecaf
NoDecaf's picture

I was in Honduras in the mid-90s.... we were traveling on some back roads and tried to buy locally made cigars (they were rolling them with their feet on the front porch) I tried to pay with dollars, they didn't even know what they were, had to use the local currency, the Limpira....I'm sure they're just waiting for blockchain technology to reach them now /s.

Thu, 11/12/2015 - 23:36 | 6785082 herkomilchen
herkomilchen's picture

Definitely.  People should be sure to keep using US dollars, Wall Street banks, and SWIFT for all their electronic money transfer needs.  Bitcoin is icky.  It has cooties.

And you're right, that bitcoin stuff is obviously bogus anyway since back roads countryside farmers in Honduras rolling cigars with their feet don't use it.  I always require those guys to first give their thumbs-up to any technology I adopt.

Thu, 11/12/2015 - 23:38 | 6785148 cowdiddly
cowdiddly's picture

Bitcoin is icky.  It has cooties.

It has the same problem as the Fiat money, Just an electronic entry on a computer that can go poof.

To say nothing of how icky a foot rolled cigar must taste:-0

Thu, 11/12/2015 - 23:40 | 6785158 herkomilchen
herkomilchen's picture

Yep.  It's easy.  Just reverse the SHA-256 hash and change the electronic entry on the blockchain.  Poof.

Thu, 11/12/2015 - 23:59 | 6785204 palmereldritch
palmereldritch's picture

Imagine if they awarded a Nobel prize and the recipient didn't show?

https://www.rt.com/business/321274-nobel-prize-economics-bitcoin/

"The Nobel Prize in Economics for 2016 could quite possibly be awarded to the enigmatic founder of the digital currency bitcoin.

Bitcoin's reclusive inventor Satoshi Nakamoto was chosen by finance professor from UCLA and University of Chicago Professor Bhagwan Chowdhry."

"Chowdhry noted that bitcoin’s inventor has never published in any of the scholarly economics or finance journals, except for a 9-page white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” which was posted by Satoshi Nakamoto on the web in 2009...

No one really knows who Satoshi Nakamoto is, where he lives or what his phone number is, he claimed. The professor suggested that Nakamoto could be informed online, and even proposed to accept the award on Nakamoto's behalf during the ceremony in Stockholm in December."

I understand the currency is synthetic but he exists? Right?

Fri, 11/13/2015 - 00:39 | 6785307 Tall Tom
Tall Tom's picture

Some will say that he was synthesized by the NSA who deveoped the software.

 

He is a virtual individual.

 

BitCON is a scam to digitize all transactions for ease of tracking and the NSA holds the decipher key.

Fri, 11/13/2015 - 07:17 | 6785714 spanish inquisition
spanish inquisition's picture

If the Nobel people are involved, then something smells fishy. 

Fri, 11/13/2015 - 03:13 | 6785527 Johnny Horscaulk
Johnny Horscaulk's picture

i'm quite sure nsa would be perplexed.

Fri, 11/13/2015 - 04:06 | 6785580 Johnny Horscaulk
Johnny Horscaulk's picture

Lol.

Thu, 11/12/2015 - 23:33 | 6785137 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

Yes. If not implemented correctly, one unintentional consequence of blockchain could be the rise of a large-scale black market, especially for services.

Thu, 11/12/2015 - 20:50 | 6784700 Keyser
Keyser's picture

Blockchain, baloney... And I'm a tech guy that spent a career in IT security, so don't blow smoke up my arse... There hasn't been a crypto invented that cannot be broken... 

Tell me something smart guy... Besides the obvious flaws with bitcoin, what happens when the internet goes down or someone takes out the power grid in a region of the world... You know these will be the first things to go in a global conflict, right?  How are you going to retrieve your precious bitcoins then?  Go ahead, put all your assets into something intangible in real-word terms, I'll stick with what has been known as "money" throughout the rise and fall of dozens of empires, gold... 

Thu, 11/12/2015 - 21:13 | 6784778 BurningFuld
BurningFuld's picture

Why do you think people find caches of gold coins all over England? Because there is nothing new under the sun and 500 years ago people were trying to preserve their wealth just as we are today.

Thu, 11/12/2015 - 23:19 | 6785098 CPL
CPL's picture

Yet the original owners are all dead and the money unspent, like dumb squirrels that forget where they bury their cache of nuts.  I wonder if in 500 years in the future treasure hunters find all those boating accidents with the same amount of surprise as the treasure hunters of today finding all those caches of coin from centuries past.

Fri, 11/13/2015 - 00:12 | 6785245 palmereldritch
palmereldritch's picture

I agree, squirrels make poor estate planners.

Fri, 11/13/2015 - 08:24 | 6785799 Cloud9.5
Cloud9.5's picture

At least the guy who killed the original owner did not get the loot.

Thu, 11/12/2015 - 21:15 | 6784782 cheech_wizard
cheech_wizard's picture

Except for those last damnable 97 letters on the Kryptos sculpture. 

Standard Disclaimer: If they offered a cash prize, I'd spend more time on it. I remember when RSA offered money for factoring the product of two large primes.

I had the 2000x2000 decimal multiplier all coded out (and checked out against all previous RSA solutions) and was going to brute force with a bank of Sun Microsystems servers when the cash prize up and vanished. Never did find out why, other than I figured the NSA beat me to it.

Thu, 11/12/2015 - 23:03 | 6785057 herkomilchen
herkomilchen's picture

There hasn't been a crypto invented that cannot be broken...

Brilliant.  Since you are knowledgable and confident bitcoin's crypto can be broken using today's technology, I'd like to partner with you.  Bitcoin's market cap is $5B, so as soon as you break its encryption, you and I can start divvying up the bitcoins between each other and go on shopping sprees.  I can't wait.  So when are you quitting your job and starting work on picking up that $5B that's just sitting there on the table?

Thu, 11/12/2015 - 23:15 | 6785087 arrowrod
arrowrod's picture

Great idea.  I do all of the work, and you get half.

My better idea.  You do the work and I'll take 90%.

Fri, 11/13/2015 - 00:49 | 6785323 Tall Tom
Tall Tom's picture

So you are also a THIEF?

 

You want the proceeds of ill gotten gains.

 

Go and FUCK YOURSELF, THIEF. 

 

His post exposed him as a THIEF and YOU AS WELL.

 

(The bright side to this...Sometimes you do get a two fer.)

Thu, 11/12/2015 - 23:28 | 6785125 NoPension
NoPension's picture

Just emp the grid. Poof! ......and, it's gone. I understand, it exists somewhere, magnetically, but you ain't gettin it. And you you damn sure ain't spending it, or filling your tank or belly.

The government and big banks want us to go all electronic and cashless. Enough for me, right there, to conclude hell no.

But,.... I could be wrong. You like Bitcoin, put all you wealth there. I could give a rat's ass. Just don't try to take me along with you.
Goes for Amway and bible thumpers as well. Thanks, but no thanks.

These guys MUST convince us they are right, or they can't believe in it themselves.
Okay, us metal heads are stupid. We will get ours, and you can gloat. Just stifle with all the block chain Bitcoin crap. IT NEEDS POWER to work. That, is the problem.

Fri, 11/13/2015 - 00:00 | 6785208 samsara
samsara's picture

If you don't think that it has already been hacked by the NSA etc...?

Bullshit strawman aside,  If you can't get to the internet or it's down....

Then what.

(being in IT for 40 years I agree with him, if you believe in virtual electronic representations of wealth....  Well, good luck with that. )

 

Fri, 11/13/2015 - 00:44 | 6785316 Tall Tom
Tall Tom's picture

you and I can start divvying up the bitcoins between each other and go on shopping sprees.

 

So you are into STEALING?

 

What a DISHONEST FUCK.

 

Go and FUCK YOURSELF, THIEF.

 

Are you typical of those who promote Bitcoin?

 

It seems that way.

 

 

Fri, 11/13/2015 - 12:40 | 6786765 herkomilchen
herkomilchen's picture

Your sacrasm detector seems to be not working.  :)

Thu, 11/12/2015 - 23:56 | 6785197 Chuck Walla
Chuck Walla's picture

Don't forget a great PR machine. Couldn't do it so easily without control of the establishment media.

FORWARD EDWARD BERNAYS!

Fri, 11/13/2015 - 02:06 | 6785441 Johnny Horscaulk
Johnny Horscaulk's picture

Speaking of allegations of crazy, are you non-noobs aware of a top search result for ZH that describes it as batshit insane?

http://rationalwiki.org/wiki/Zero_Hedge

Not a bad site if in places pedantic and distinctly non-rational but it reminded me for some reason of a quote by Schoepenhauer:

'Talent hits a target no one else can hit, genius hits a target no one else can see'

And forget who said, it but 'there is a fine line between genius and madness - I have erased that line.'

Their take on 'truthers' is as a priori dismissive as that pejorative normally portends, less an argument than filling in around a conclusion which isnt to say they are all wrong. I think cutting fire suppression and maybe simply doing some selective weakening or use of accelerants in a superscraper with 30% load carried externally and hitting it with planes full of jet fuel resulting in thermal expansion of supports can explain a collapse just fine, and Im not wading into that pool here unless someone wants to use show their work structural engineering and/or physics arguments (with or without occams razor)

http://rationalwiki.org/wiki/9/11_conspiracy_theories#False_false_flag_o...

BUT

The 'how' matters much less than who and why. Specifically their dismissal of the mossad connection is amateur hour. As someone posted earlier - how do they explain away the mountains of evidence compiled and summarized in 20 easy minutes by ry dawson?

http://youtu.be/QphxGBXiA-M

Good to hear joe rogan and eddie bravo talk about his new movie on yesterdays show. Btw if I ever meet rogan Ill challenge him to a friendly spar, his bjj and kickboxing against my combat aikido (well shodokan plus elements of wing chun - I also no longer defend aikido in mma forums because the bjj cult thinks mma is end all be all and know little of anything but bjj wrestling boxing )

But i digress... Had a few tonight, ladies.

<<>>

separately, stumbled across an article from a few years back some of youse might find as interrsting as I do re value of pms during a deflationary crisis. Maybe not as interesting to some with an actual econ background beyond a basic course or two but Id always conceived of the pm hedge as for (hyper)inflation, or actually, in my own way of thinking about it the inevitable decline in unit value of any multiplying token of exchange without a referent ( not backed )

But in the case of a deflationary scenario? This i guess or simply is using the austraian def of #frns and all to be clear - bank run - wasnt that (??) 1907? Somehow I just hadnt been thinking of anything but the hyperprinting, hadnt really thought about bank runs in terms of gold which I admit is dumb as bank runs are very likely.

But in dealing with 1sand0s - 'what if' the fed 'forgave' the money owed to it that never existed before the loan anyway? Wont happen - but seriously - wouldnt that be 'deflation' (aust.) leading to disinflation, i.e. Increase in purchasing power of the FRN and ---------- wouldnt *that* actually boost the dollar and what econimists call, apparently seriously, 'the economy?'

http://www.ftense.com/2012/05/why-precious-metals-could-surge-during.htm...

Thu, 11/12/2015 - 19:02 | 6784351 NoDebt
NoDebt's picture

Been ready for crazy for some time already.  That's why I own FB and AMZN.  

Thu, 11/12/2015 - 19:14 | 6784393 TeamDepends
TeamDepends's picture

Well played! We haven't changed our strategy, still all in with Kimberly-Clark. They make Depends and toilet paper. Got asswipe? It's like money in the bank!

Thu, 11/12/2015 - 19:25 | 6784432 Shumbies
Shumbies's picture

You can use fiat for that. Unless of course you are in oz where the "money" is plastic...

Thu, 11/12/2015 - 19:35 | 6784457 Dick Buttkiss
Dick Buttkiss's picture

Actualy, given that digital dollars outnumber physical ones by at least an order of magnitude, yet every digital dollar is a claim in on a physical one, best to get out of the former and stock up on the latter.

Thu, 11/12/2015 - 20:44 | 6784676 Fish Gone Bad
Fish Gone Bad's picture

With all the constant "war games" on both coasts, and a kazillion dollar Trident shot off, I get the sinking feeling that one morning everyone might wake up really scared, and broke.

Thu, 11/12/2015 - 21:36 | 6784838 11b40
11b40's picture

Or maybe just not wake up at all.

Thu, 11/12/2015 - 21:22 | 6784798 justdues
justdues's picture

Another reason for peeps to switch to cash in hand , Bitcoin and sunken boat treasure.

 

Thu, 11/12/2015 - 19:57 | 6784531 Ignatius
Ignatius's picture

Maybe you can spare a roll, I've got some 'banking' to do.

Fri, 11/13/2015 - 00:38 | 6785304 bluskyes
bluskyes's picture

If you can, suggest they get into the Bank Note business.

Thu, 11/12/2015 - 19:06 | 6784364 I AM SULLY
I AM SULLY's picture

More magical "safe haven" talk ... great.

Thu, 11/12/2015 - 19:10 | 6784380 PoasterToaster
PoasterToaster's picture

All "governments" are totalitarian by nature.  It is a delusion to think otherwise.

Thu, 11/12/2015 - 19:11 | 6784385 Anonymous User
Anonymous User's picture

Most of US citizens will end up turning tricks for some food stamps

http://www.thepornster.com/video/475/

Thu, 11/12/2015 - 20:46 | 6784686 Fish Gone Bad
Fish Gone Bad's picture

Gay porn.  Seriously?

Thu, 11/12/2015 - 20:52 | 6784710 Keyser
Keyser's picture

The Tylers are slipping, this guy should have been banned days ago... 

Thu, 11/12/2015 - 23:08 | 6785073 zeroaccountability
zeroaccountability's picture

Yeah, at least Money Mcbags' stuff was entertaining.

Fri, 11/13/2015 - 01:06 | 6785359 Tall Tom
Tall Tom's picture

You clicked on the link?

 

You deserve every bit of disgust that you received. Gay porn is some sick shit.

 

Why would you click on the link?

 

Porn sucks. ALL PORN IS DISGUSTING.

Fri, 11/13/2015 - 03:14 | 6785529 Johnny Horscaulk
Johnny Horscaulk's picture

You find naked women disgusting?

I find *that* disgusting.

Thu, 11/12/2015 - 23:05 | 6785064 Cornfedbloodstool
Cornfedbloodstool's picture

If I want porn I'll go to a porn site. Ban this creep.

Thu, 11/12/2015 - 23:16 | 6785090 DeusHedge
DeusHedge's picture

it's scienter

Fri, 11/13/2015 - 01:01 | 6785349 Tall Tom
Tall Tom's picture

You do not have to read his post.

You do not have to click on the link.

 

I did not as I am not interested in porn.,.at all. It is base and boring. The real thing is where it is at.

 

But banishment for that?

 

There is a basic human right to the freedom of expression.

 

Perhaps you need be banned for expressing yourself. (I surely jest.)

 

People need to be free to make utter fools of themselves so that others with wisdom will know what not to be.

Fri, 11/13/2015 - 02:36 | 6785476 Adahy
Adahy's picture

What he is doing is not free speech.  It is advertising.

Fri, 11/13/2015 - 03:18 | 6785535 Johnny Horscaulk
Johnny Horscaulk's picture

Advertising isnt speech?

says who, and who or what gave them the power to speak Ex Cathedra on the matter?

And why click on that link at all given the bloody url text visible?

Did you think it was going to be a waterskiing squirrel?

(I did not click)

Thu, 11/12/2015 - 19:11 | 6784386 wesson
wesson's picture

Honduras, wasn't it the country that had a coup backed by USA in 2009 ?

Thu, 11/12/2015 - 19:23 | 6784425 L Bean
L Bean's picture

An insignificant detail, surely. ;-)

 

Thu, 11/12/2015 - 19:47 | 6784504 Amish Hacker
Amish Hacker's picture

Let's not forget US troops sent to Honduras in 1903, 1907, 1911, 1912, 1919, 1924, and 1925.

We also used the place as a base for the Contras back in the Reagan years, when the US was trying to overthrow the elected government in Nicaragua.

https://en.wikipedia.org/wiki/Honduras#20th_century

Honduras was the original "banana republic," a term coined by O. Henry in 1904.

 

Thu, 11/12/2015 - 20:17 | 6784592 Casey Stengel
Casey Stengel's picture

Cabbages and Kings by O. Henry.  Great short story.

Thu, 11/12/2015 - 20:47 | 6784688 Oldrepublic
Oldrepublic's picture

O.Henry first visited Honduras while on the run
from the law in the states

Thu, 11/12/2015 - 19:56 | 6784508 Oldrepublic
Oldrepublic's picture

Honduras has one of the world's highest murder rates,
the government actually pays for funerals

edit: Honduras has the world's highest murder rate,
the murder capital of the world is San Pedro Sula,Honduras

Thu, 11/12/2015 - 20:51 | 6784705 Lostinfortwalton
Lostinfortwalton's picture

It will be a lot safer there soon; most of the murderers are coming to the USA!

Fri, 11/13/2015 - 06:07 | 6785662 Kobe Beef
Kobe Beef's picture

So vibrant!

Thu, 11/12/2015 - 19:15 | 6784397 Hongcha
Hongcha's picture

Photo looks like a normal Latino neighborhood brawl; theatrical gestures & all.

Thu, 11/12/2015 - 19:22 | 6784400 L Bean
L Bean's picture

This guy is part of the nationalist crew, one of Clinton-ousted Zelaya's colleagues. He broke w his own party, in shame, after Iran Contra.

The current Honduran government was cobbled together by various operatives after a Clinton-coup. Do we really even need any more detail? This is the settling of an old score by history's "winners". The old boot-stamping-on-a-human-face routine.

Yeah he's a banker, yeah he's a Rosenthal, but there is more to the story. The Honduran gov isn't just getting their licks in for fun, they're working for the US.

Thu, 11/12/2015 - 19:17 | 6784403 Mini-Me
Mini-Me's picture

Asking government agents not to steal is like asking a fish not to swim.  It is in their nature, and if they can get away with it, they'll do it.  Every f'ing time.

Thu, 11/12/2015 - 19:21 | 6784421 nmewn
nmewn's picture

Dats a fact.

Hey! By the way, Obama did such a stellar job with saving health insurance, lets put him in charge of saving the fucking planet!!! 

Thu, 11/12/2015 - 20:50 | 6784704 Fish Gone Bad
Fish Gone Bad's picture

The US Navy trusts him completely, that's why he's sacked/demoted so many of them.  

Thu, 11/12/2015 - 23:03 | 6785059 nmewn
nmewn's picture

The guy that taught me how to reload my brass as a pup was an old Navy vet, he got "this city boy" interested in hunting and being self sufficient, he had his own still set up in his garage...in the middle of the city...lmao!...one helluva guy.

The definition of a man's man, as the old saying goes.

Thu, 11/12/2015 - 19:31 | 6784450 Last of the Mid...
Last of the Middle Class's picture

we're about to find out exactly how thin the veneer of civilization really is.

Thu, 11/12/2015 - 19:51 | 6784516 WTFUD
WTFUD's picture

Pretty thin fella; on a scale of 1-10 around -4 i'd expect.

Thu, 11/12/2015 - 20:47 | 6784692 Escrava Isaura
Escrava Isaura's picture

 

 

Last of the Mid...,

we're about to find out exactly how thin the veneer of civilization really is.

 

Well said.

 

And many here still wondering about charts and where the next fortune will be made.

 

A perfect case of self-delusion/disconnectedness more bizarre that could possibly have be imagined by now.

 

Thu, 11/12/2015 - 22:10 | 6784933 11b40
11b40's picture

Pay close attention to Europe for lessons to be learned. Lessons in survival, and desperation in the face of futility, as these human hoards march from one disaster to another. Lessons in how quickly that veneer can melt when the apex warrior, the white Anglo-Saxon, awakens from a long slumber once a critical mass realizes their very existence is threatened. It will ugly. You will want to turn away. It can happen to you, someday.

Thu, 11/12/2015 - 19:38 | 6784470 Nolde Huruska
Nolde Huruska's picture

I would be long RGR if it was not overpriced.

Thu, 11/12/2015 - 22:00 | 6784909 bunnyswanson
bunnyswanson's picture

The strongest will survive in this Croc eats Croc world.  Tastes just like chicken I hear.

Thu, 11/12/2015 - 19:47 | 6784507 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

hey look there, a skittle shitting unicorn, in Honduras of all places.

Thu, 11/12/2015 - 19:53 | 6784520 Demdere
Demdere's picture

Having money in the bank is a bad idea when inflation is 10%. Shadowstats.

https://thinkpatriot.wordpress.com/2015/11/11/dynamics-of-national-colla...

Anyone with a spreadsheet can see the US government will not be able to meet obligations without printing $Ts in the near future, A few years, max.  Fed bought 70% of treasuries I read somewhere.

The intent of capital controls is to keep money inside a moribund kleptocracy, available for theft.

Thu, 11/12/2015 - 23:25 | 6785116 boodles
boodles's picture

good blog

Thu, 11/12/2015 - 19:56 | 6784529 847328_3527
847328_3527's picture

Loks like Liftoff in that country.

Thu, 11/12/2015 - 20:05 | 6784557 WTFUD
WTFUD's picture

Listen Up! Remember Bangalore? ( not the divvy using the same nom de plume who came after ) Whatever happened to him, he did a Lord Lucan after breezing in and out and was very funny,

Anyways Peeps what are the moody Ratings Agencies spoon feeding us as of today on USSofA Debt?
Is it AAA- or something close? Well we know it's Junk Status and therefore any Western Financial Statement is not worth the toilet paper it's not written on.

Where's that Terrwist who dared speaketh the truth ( Egan , i think ). So nout new here for Hedgers to see.

My only worry is that Ben Bernanke and Timmy Geithner collect on their treasonous actions before the End of Days. s/c

Thu, 11/12/2015 - 20:36 | 6784654 SmittyinLA
SmittyinLA's picture

Funny the city of Huntington park CA notorious for seizures is filled with people from the 3rd world.

Fri, 11/13/2015 - 06:20 | 6785670 Kobe Beef
Kobe Beef's picture

Used to be a nice place, when it was White.

Thu, 11/12/2015 - 20:38 | 6784657 SmittyinLA
SmittyinLA's picture

Jaime really generous guy, billionaire paid his employees $340/ month/ $11 day.

Thu, 11/12/2015 - 21:40 | 6784848 El Gringo
El Gringo's picture

He's a bolshevik or liberal or whatever you call it according to his Wikipedia entry.  I thought they were supposed to be all up on living wages and all that like his fellow tribe member bolshevik Bernie Sanders.

Fri, 11/13/2015 - 05:16 | 6785586 spooz
spooz's picture

So, because he is described as a member of the Liberal Party of Honduras, your uneducated guess is that he is a "bolshevik"? LMAO. You are an example of how people remain so ignorant in this country.  They assume they understand everything based on a label that someone defined for them. The Liberal Party of Honduras is center right.

Latin American liberals generally emphasize free trade, private property and anti-clericalism. Its easy to see why drug traffickers like Rosenthal would be members of the Liberal Party since the globalist perspective makes money laundering much easier.

"Bolsheviks" is such an outdated term, right up there with "commie", "pinko" and "reds". There aren't a lot of places left where labor has much power these days, with the globalist oligarchs increasingly running things and preferring their labor units to be cheap and replaceable.  You must be a Fox News watcher, soaking up elitist propaganda, and are probably 70 years old based on that demographic. I guess its true what they say about old dogs.

But if you were old enough to remember Eisenhower, or even Reagan, and you had any critical thinking skills left after soaking up years of right wing propaganda, you might realize that, as this columnist opines, "the new Republican Party has turned so far hard right, that Bernie Sanders may now be considered an Eisenhower Republican."

http://www.cincinnati.com/story/news/local/indian-hill/2015/11/11/column...

Thu, 11/12/2015 - 20:54 | 6784718 Niall Of The Ni...
Niall Of The Nine Hostages's picture

You know, in most of the Third World, government resources are limited, so they have to be selective with regard to whose business they interfere with. In practice that means that if you don't get involved in politics you can do what you please. The police will leave you alone, or can be easily bribed to look the other way. 

On the whole Third World governance would be an improvement on what most people in "developed" countries have to put up with.

Thu, 11/12/2015 - 21:02 | 6784740 Miss Expectations
Miss Expectations's picture

One of the better "Get Ready for Crazy" stories is what Nero did AFTER Rome burned...he ran up crazy debts to rebuild Rome and then went after the money to pay for it:

https://www.youtube.com/watch?v=RFOleWqwj1M&list=PLvdGXY5CtK-215NgIUEIJ-...

Thu, 11/12/2015 - 21:37 | 6784841 El Gringo
El Gringo's picture

Sad.  Even Honduras has a Jewish problem.

Thu, 11/12/2015 - 21:40 | 6784847 pocomotion
pocomotion's picture

Send lawyers guns and money, dad get me outa this.

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