"The Entire System Has Been Utterly Destroyed By The MF Global Collapse" - Presenting The First MF Global Casualty

Tyler Durden's picture

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oldman's picture


I was out with them today, or should I say out with us----I feel like this is true, so---I was out with us today and we are pretty amazing.

I urge all critics of OWS to spend a few hours with these people and I think you will find that 'we' are pretty amazing---young and old people alike.

In any event, at least for now, OWS is the only game in town and any one of us could be a better 'democratically elected' president and leader than anyone of the last five occupants of twh.

No voting needed, however----just see who we are because equipment is needed to continue---a lot of gear was lost this week.

Step up and help out, please, dudes                     om

azusgm's picture

IMO, OWS would have more of an impact if you/they would get organized, set a schedule, have people take shifts for a 24/7 presence. Stay on your feet most of the time. Show up clean and neat and in casual but "respectable" cloths. Pay more attention to details such as posture and diction and vocabulary. Crystalize the message and sell it.


Calmyourself's picture

When and where did the Tea party turn its entire agenda over to gay marriage, links please..  If that is the case of course OWS all about hetero rape, prior to the ladies tent being erected of course...

Calmyourself's picture

Oh yeah, the teabaggers in between banning astrolube and gay marriage, managed to put together a draft budget for CONgress..  Looks pretty good but I still cannot find the Anita Bryant memorial funding.   We are hoping to plant an orange grove representing hetero sex penis and vagina stuff only cuz the other stuff is icky..


ReadySteadyGo's picture

Good point; it diluted the message somewhat with that personal focus.  Now some will dismiss the truth because it was personalized.

Bring the Gold's picture

I wish people would quit calling Obama a Marxist. He's a FASCIST. Just like bush/Clinton/bush regimes. Italy France England Germany Russia china and most of the rest. Calling crony fascism Marxist just triggers old boomer prejudices and divides folks. He is a fascist and that is scary. No need to muddy the waters and fall into the left/right paradigm and make it sound like the fascist republicans are any better than the fascist democrats.

percolator's picture

Your comment is 100% spot on.

Spastica Rex's picture

Many people are just waking up and realizing that the world is hostile. Many grab first for enemies they think they already know. Waking up is a really traumatic experience for many. I think the film the Matrix presents a very clear allegorical illustration of where we are now: the whole fucking power structure isn't what most people thought it was and it's 100% ready to destroy anything that threatens it.

Seize Mars's picture

Many people are just waking up and realizing that the world is hostile. Many grab first for enemies they think they already know. Waking up is a really traumatic experience for many. I think the film the Matrix presents a very clear allegorical illustration of where we are now: the whole fucking power structure isn't what most people thought it was and it's 100% ready to destroy anything that threatens it.

Amen to that. The chilling part is when you realize, as you say, it's not what you thought and it's fucking lethal.

Here is a brief history of America:


Originally, 20 year charters for corporations (had to be renewed)

1782 Bank of North America - Founder imprisoned for fraud and other abuses
Charter expired in 1802

1791 1st Bank of the US
1811 Charter expired; renewal defeated by a single vote

War of 1812

1816 2nd Bank of the US
1832 President Andrew Jackson promised to veto renewal
1835 Asassination attempt (survived)
1836 Charter expired

Lincoln prints paper money to fund the Civil War
1863 National Banking Act (20 yr charter)
1864 Linclon speaks against paper money banking
1864 Lincoln Assassinated

1881 President James Garfield opposes renewal of the National Bank Act
1881 Garfield Assassinated
1882 Bank charter renewed ("2nd Charter Period" begins)

1901 President McKinley opposes renewal of Nat'l Bank
1901 President McKinley assassinated

1902 President Teddy Roosevelt approves renewal (3rd Charter Period) (He is a member of a NY banking family)

1912 Taft loses election to Wilson (Roosevelt entered and split the ticket)

Dec 23 1913. Permanent Charter of Central Bank.

1962 President Kennedy gives "Secrecy is Repugnant" speech denouncing Federal Reserve
1963 Kennedy authorizes by executive order, Treasury backed "Silver Certificates"
November 1963 JFK Assassinated


1 + 1 = 2


Milestones's picture

You only got one vote. It seems like anytime Italic's are used the voting, is somehow blocked. I have seen many instances of it here. I know that because I was going green--nada. Don't use italic,s in your first line unless it is a quote and is given the """" around the quote.      Milestones         

Max Fischer's picture



The fact that this lady was trading in the futures market with, by her admission, high degrees of leverage up until this morning proves that she's just another loser hypocrite who got blown out of the game and is looking to blame anyone other than herself.  For her to begin her article with "unflinching moral certainty" and punctuate it with a Bible quote only proves that she's just another hypocritical, right-wing nutjob who hides behind the thin veil of Christian ethics and morality while, hypocritically, deciding to play the devil's game and then running away calling it unfair.

She's Sarah Palin, the maverick futures trader.

Max Fischer, Civis Mundi

TruthInSunshine's picture

A Paul Krugman tweet just passed the wires. It says:


#Sigh. I wish people would listen to my repeated requests that all indebted sovereigns simply print (or counterfeit) an amount of fiat at least equal to the amount of their debt outstanding.


It's not that complicated, my non-Keynesian friends.




akak's picture

It's not that complicated, my non-Keynesian friends.

So easy, a Krugman can do it!

CrockettAlmanac.com's picture

The alternate commercial features a tiny Newt-like creature which encourages those representing the taxpayers to buy up lots of Freddie Mac.

Silver Bully's picture

'Why, I can do it with Nobel Prizes, too!'

Larry Dallas's picture

Just looked at this woman's blog. Her Evangelical Christian blog posts I think are just good ways to keep in touch with her investors who are probably also born again. Good marketing, good investor relations. Whether she really feels compelled to write the "Our Father" on her blog posts every other day, I dont' know.

I'm cynical at best, paranoid at worst.

But those Evangelical Christians love to wear their religion on their lapels. And in her part of the country, I'm sure she's smart enough to play along - "Fish-on-the-trunk-of-her-car" and all.


Cathartes Aura's picture

b-b-b-but she has a big pink gun :((

never mind her ridiculous beliefs. . .  

+1 Max.


markmotive's picture

You know, she speaks the truth.

But have you seen some of her other posts? She's a bit extreme for my taste (I'm talking politics and religion...not economics).




DoChenRollingBearing's picture

Heilige Scheisse is right.  I am off to check where stocks are now.  Gold was getting pummeled.  Would this count, at long last, as our Minsky Momemnt?

john39's picture

this might be a bit premature, but we are finally getting there:  "collapse" by akashic ancestorz


Frog-And-Toad's picture

I realized that this game was rigged when Silver fell by 20% in 2 days, ironically enough 2 days before the CME raised Margins... HOw was there NO investigation to insider trading?!? These "markets" need to cleanse themselves, or this theft of the Middle Class is going to run "the Middle Class" dry within 4 years.  I'm not playing this game anymore, and haven't been.  I hope that everyone in DC and in these companies that bought off the system lose everything. Fuck them all. 

Enough people are waking up and seeing through this joke of a system that we will have some type of revolution within the next 2 years.  I pray that it be a bloodless revolution, like that which happened when the DDR finally admitted it was irrelevant.  I pray this happens and we work towards a FREE market system in which everyone competes on fair levels. 

Mr_Wonderful's picture

Peddling something for $30 plus that costs as much as $5 to extract from the ground sounds like an unsustainable scam to me.

redpill's picture

It costs 6 cents to make a $100 bill.

The Navigator's picture

At that price, I'll take a couple hundred dozen - or do I have to be FOB, Freinds of Bennie?

floydian slip's picture

It costs $20 for just the shovel. What a dumbass.

akak's picture

Mr. Wonderful, you're actually not.

I dare you to go to the nearest grocery store and demand that they sell you a $3 loaf of bread for 10 cents because that is all that the wheat and other ingredients in it cost.  Fucking idiot.

Waffen's picture

$5 extraction cost is a fallacy

Lord Koos's picture

The concept of "supply and demand" is apparently beyond your ability to grasp.

Confuchius's picture

No doubt you refer to Saudi crude.

They also may have more assets than you do.

They may even be smarter than you.

You are a whiney little creep.

Kelley's picture

The paint used on the Mona Lisa might cost $5.


So you're right, it is worth almost nothing.

Central Bankster's picture

Im assuming this is what Tyler means when he says someone has gone "full retard".

rosiescenario's picture

Yes, and for every bit of rigging that you see, there are 10,000 more that you do not see.....

Crawdaddy's picture

The middle class is getting hammered on purpose...

From Wayne Jett's site: http://classicalcapital.com/

Those protesting Wall Street oligarchs and those protesting Big Government spending have much more in common than even they think. They are all middle class who worry their prospects are suffering, although they propose conflicting political solutions and rhetorically attack each other. Each must awaken to this fact: their common oppressor is mercantilism – not capitalism

His book Fruits of Graft is a great read. 

Idiot Savant's picture

Yes, it's sad that she included partisan politics in her statement. Of all people, she should know that this isn't a dem/rep or lib/con issue.

NotApplicable's picture

Should know. Likely knows. Likely knows enough to blame the facade, rather than those constructing it.

At least she stopped short of endorsing [insert Republicrat of choice here].

buyingsterling's picture

Yes, it goes beyond politics, no, politics are not irrelevant. The left are bent on more regulation on the ground; not only do we all support the leeches at the top, the left would further tie our hands. Look at all the raw food raids. WTF is that? Remember the violent crackdowns on Iraq war protesters? I don't.
Maybe the 'republicans' are the real masters of the system: it's the left that's brought us to this pass, with promises no one can pay for. In typical fashion, their solution is to tax the productive more, dilute our money further, tie our hands so we all become dependents, then rape our women and children while we watch on our way to the pit. Ok, that last part I made up - they generally just starve you to death. The evil republicans supported a SS and medicare program for the very poor, but that wasn't enough for the left; we all had to become dependents. Read the Black Book of Communism - if you can stomach it - and tell me there's no difference between right and left. Anyone who says there isn't is someone's tool, and probably a leftist.

You can start off in a state of nature and everyone can survive who's able. It takes collectivism to change that dynamic to where almost everyone faces extinction.

Bring the Gold's picture

Um, I saw first person a sanctioned Iraq War protest (permitted) that was ending and a couple of people got into the street going to do an unplanned march. IMMEDIATELY the riot cops busted out and proceeded to use rubber bullets on the crowd, a friend and law abiding citizen was hit by one that bounced off the ground and had a deep thigh bruise for weeks.

You are either a liar or totally misinformed/uniformed if you think there were no violent crackdowns on Iraq War protests. You obviously didn't pay a damn bit of attention to it.

This isn't left vs right, it's the VERY tippy top, vs. everyone else. They aren't left or right, they just use that paradigm to trick and control people exactly like you.

Both parties have run up debts, both parties have enabled fraud and bailed out the banks, both parties have engaged in illegal wars, torture and extrajudicial assassinations including recently an American citizen under Obama. Both parties ushered in the blatantly fascist TSA and Homeland security.

The writing is on the wall and the joke is on you and by extension all of us. Nobody will be laughing though and there will be tears all around Republican, Democrat and Independent if we don't get it together and find common cause.

unerman's picture

Exactly. We need to stop the blaming of one of the 2 parties. It does not help us, only makes us fight each other.

It is both parties! It is the entire system!

CrockettAlmanac.com's picture

But that doesn't mean that Obama should remain in office does it? It's one thing to realize the false dichotomy of red v. blue it's another thing to say that a given sitting politician should not be criticized because he only has one party affiliation, not two. If you're going to vote the bums out you'll have to toss out a blue today and a red tomorrow.

Calmyourself's picture

It is both parties, YES, but one is healthier if barely then the other.. .Take it over and eject the losers.. your call..

unerman's picture

Exactly. We need to stop the blaming of one of the 2 parties. It does not help us, only makes us fight each other.

It is both parties! It is the entire system!

unerman's picture

Exactly. We need to stop the blaming of one of the 2 parties. It does not help us, only makes us fight each other.

It is both parties! It is the entire system!

Phil Dupterjaw's picture

I've read this entire thread and there is a lot of two party this or this politician that...but I haven't seen the answer.


The solution is clear.


***RON PAUL 2012***



Tramp Stamper's picture

I, for one,  would like to give Ann a big thumbs up for doing what is morally correct instead of just churning her clients for fees and commisions.

Jonas Parker's picture

God bless you, Ann! There is (or was) at least one honest person in the markets! You will truly be missed...  JP

sondog's picture

What position? She is a weirdo managing her own 60k from her dining room table. Sad how 95% of people here are acting like Buffett wrote the letter or someone of note.

buyingsterling's picture

Yeas, that's why ZH has featured her before this.