The Euro Is Dead

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Sun, 11/13/2011 - 02:05 | 1873205 lolmao500
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Iran is considering pulling out of Non-Proliferation Treaty (Ch. 10)

Uh oh.

And you betcha that any ``reform`` of the euro is gonna end up with more power to the ECB and less sovereignty.

Sun, 11/13/2011 - 02:40 | 1873251 Michael
Michael's picture

I nominate my hero Alan Greenspan to be the next face to grace the side of Mount Rushmore. He is the architect of the greatest financial catastrophe in the the history of the planet. Only he could engineer the complete and total destruction of the international banking cartel/Illuminati by making their entire banking system go bust on themselves. 

Sun, 11/13/2011 - 03:11 | 1873279 DavidPierre
DavidPierre's picture

 

 

This is the end
Beautiful friend
This is the end
My only friend, the end

Of our elaborate plans, the end
Of everything that stands, the end
No safety or surprise, the end

http://www.youtube.com/watch?v=JSUIQgEVDM4&feature=related

 

Sun, 11/13/2011 - 03:23 | 1873291 dlmaniac
dlmaniac's picture

Never expect a sound currency from a union full of rampant socialists and lazy welfare addicts. Mathematical impossibility.

Expect periodical devaluation instead.

Sun, 11/13/2011 - 07:59 | 1873424 Peter K
Peter K's picture

Some people just can't handle the truth:)

Sun, 11/13/2011 - 10:34 | 1873522 JW n FL
JW n FL's picture

some people dont pay 30% in Taxes.. I mena Most people dont pay Taxes.. and then Bitch when the things that seperate us from the animals are causing a drain..

 

7% - 8% of GDP to pay for ALL! Social Service Programs.

in a good economy that number is 3% - 4%.

and in America.. "We the Rich" will not pay at least 10% to cover it.. They need the money to put into the Bank so Bernake can Print it away.

Bernake Prints.. the Rich Hoard.. the economy grinds to a hault.

Thank God Peak OIL! Oops.. I dont want to offend the idiotic here.. Peak Affordable Oil, Peak Lite Sweet Crude, Peak $50bbl (a Barrel) Oil.. has come and gone.. and America's production capablity from Heavy or Sour Crude SUCKS!

Why do I bother? Ignorance is Bliss and Stupidity is Heaven.. You fucking Morons are a Plague upon ALL Nations that needs to be swept away.. so that a happier more intelligent World can be born.. and there is no better way to do that.. than to let you dumb fucks kill each other.. the rest of the idiots, the pockets of stupidity can be easily dealt with after the majority has killed itself off!

I guess in the end all will be well.

Sun, 11/13/2011 - 11:23 | 1873569 redpill
redpill's picture

Happy morning to you too sweetheart!

More immediately, a temporary cessation of use of the Euro could be a potentially massive destabilizing event. The rickety three legged table of global currency flows depends on the Euro, USD, and the JPY. The Japanese economy can't withstand a substantial and sudden appreciation given how high it already is. Which means there will be an ugly race between the US an Japan to devalue to keep export prices down. Gold should do well.

Sun, 11/13/2011 - 14:05 | 1873800 the_magician
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I like you. Wanna go go for tea sometime?

Sun, 11/13/2011 - 09:43 | 1873489 SamAdams1234
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Better song:  http://youtu.be/nlJWis5wH54 Dogs - Pink Floyd - Animals

Dogs (Waters, Gilmour) 17:06

You gotta be crazy, you gotta have a real need.
You gotta sleep on your toes, and when you're on the street,
You gotta be able to pick out the easy meat with your eyes closed.
And then moving in silently, down wind and out of sight,
You gotta strike when the moment is right without thinking.

And after a while, you can work on points for style.
Like the club tie, and the firm handshake,
A certain look in the eye and an easy smile.
You have to be trusted by the people that you lie to,
So that when they turn their backs on you,
You'll get the chance to put the knife in.

You gotta keep one eye looking over your shoulder.
You know it's going to get harder, and harder, and harder as you
get older.
And in the end you'll pack up and fly down south,
Hide your head in the sand,
Just another sad old man,
All alone and dying of cancer.

Sun, 11/13/2011 - 21:11 | 1874418 JPM Hater001
JPM Hater001's picture

Would the collapse just happen already?!?!

My blood pressure is skyrocketing in anticipation.

Sun, 11/13/2011 - 03:12 | 1873283 williambanzai7
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FM

Sun, 11/13/2011 - 03:30 | 1873295 Michael
Michael's picture

Thank you William.

In other news, the corporate fascist CFR fucks at CBS limited Dr Paul to 89 seconds of airtime in tonights debate;

Video: Ron Paul's 89 Seconds in the CBS News GOP Presidential Debate

http://www.dailypaul.com/186838/tonight-cbs-news-live-journal-sc-republican-party-debate-8pm-et

 

Sun, 11/13/2011 - 04:59 | 1873323 Sizzurp
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Ron Paul doesn't bow to the corporate hierarchy, he doesn't take their money, and he isn't corruptable.  In short, he is the a nightmare for the ruling elite, and they will, by all means of nasty propaganda and psyops, marginalize him, and silence him before he awakens too many of the entranced masses.  Paul's vision for America is liberty, but the elite don't want you to have it.  They prefer you to be an easily managed slave, not a free man thinking for himself and acting in his own best interest.

Sun, 11/13/2011 - 13:30 | 1873750 Mark123
Mark123's picture

Ron Paul....the one modern day politician that should be carved into Mt Rushmore.

Sun, 11/13/2011 - 15:20 | 1873922 YearZero Institute
YearZero Institute's picture

Ron Paul doesn't bow to the corporate hierarchy,

He just wants a kind of private hell hole for Americans where unelected private entities will control American society or what little is left of it.

he doesn't take their money, and he isn't corruptable.

You have no evidence of that.

In short, he is the a nightmare for the ruling elite,

He is part of `the ruling elite` if you hadn't noticed.

and they will, by all means of nasty propaganda and psyops

Stop watching the Matrix.

marginalize him, and silence him before he awakens too many of the entranced masses.

Unlike visionaries like yourself who can see through it all.

Paul's vision for America is liberty

A word that is only defined by the person who says it has no meaning. `Liberty` I mean by the way.

but the elite don't want you to have it.  They prefer you to be an easily managed slave, not a free man thinking for himself and acting in his own best interest.

In your next post could you fit in more cliches you read off the internet please.


Sun, 11/13/2011 - 16:32 | 1874039 e2thex
e2thex's picture

After Nixon died they did a poll asking people if they had voted for him for President. With few exceptions everyone said, "No."  No one wanted to admit otherwise.

When they had the Congressional vote for the first Quantatative Easing (QE 1) , Paul voted for it. People don't mention that now.  The bottomline is that Paul acts, when need be,  in his OWN SELF-INTEREST.  He understands consensus. He understands being reelected. He is  NOT like the late Senator Wayne Morse of Oregon,  who was one of ONLY two men in Congress that voted against our FIRST involvement in Vietnam. In short, all our Statesmen are dead and gone.

Do you remember what Hunter Thompson said about Nixon ? He said Nixon belonged in the belly of a White Shark.

Hunter S. Thompson was a Statesman.

 

Sun, 11/13/2011 - 05:03 | 1873327 aleph0
aleph0's picture

Thanks Michael for the RP 90 secs.

 

 

Just disgusting how many in the audience did NOT applaud what he said.
( while the camera scanned their faces between 2:04 and 2:08 )

 

 

Sun, 11/13/2011 - 05:25 | 1873343 title examiner
title examiner's picture

When he was Ayn Rand's little pet, she called him the Undertaker.  Aptly named.

Sun, 11/13/2011 - 07:07 | 1873394 fiddy pence haf...
fiddy pence haff pound's picture

that's why I've said that Ayn, or Alesya, was actually a Communist spy. She convinced the

fascistic financial/government elite of the US to screw capitalism fatally.

I think you'll find that Marx foresaw that the end of Communism would bring the end

of capitalism. @sarc

Sun, 11/13/2011 - 13:21 | 1873717 Melin
Melin's picture

No, she identified and described the foundational problem besotting Western society; altruism. Where self-sacrifice is held as a virtue, the politics-of-pull peddlers thrive assisting you in your own oft-stated demand to be forced to server another, any other, as long as it's not you.  

She understood in fine detail the effects of such a culture and wrote Atlas Shrugged. It's a great read and mystery and if you've actually read and understood her work, you'd see she loved life, she loved America because of its grounding in individual rights and that she would've really dug it if people had read AS and treated it as a warning.

Alan Greenspan understood her and her heroes perfectly.  He chose to be a villain.

Sun, 11/13/2011 - 13:21 | 1873732 redpill
redpill's picture

Given some of Greenspans historical writings on gold and such, I've always half-wondered if he intended to be Francisco D'Anconia on a grand scale and usher in the end. If you look back on video clips of his cryptic testimony and vague suggestions before Congress from the point of view that it was a satirical effort to distract the momo masses whilst inflating the mother of all bubbles, it becomes quite surreal.

Sun, 11/13/2011 - 13:33 | 1873753 Melin
Melin's picture

He has to have known the consequences of his actions but his actions were the moral opposite of d'Anconia's.  D'Anconia didn't hold the government's gun as Greenspan did.  Government is force.  Producers trade or refuse to trade; no initiation of force.

Sun, 11/13/2011 - 13:37 | 1873760 redpill
redpill's picture

I see your point, but at the same time his "government gun" was one of temptation.  He didn't force people to borrow as much as making it so lucrative that everyone charged forward with zeal to borrow without thinking about the eventual consequences.  If it was an attempt at a D'Anconia-esque stunt, it was certainly a bit perverted to be sure.  The reality is I don't think we'll ever know his true motives, but whatever they are I don't believe it was something as simple as price stability and full employment.  He had to have known what he was doing and what it would eventually cause.

Sun, 11/13/2011 - 13:45 | 1873771 Melin
Melin's picture

Printing unbacked money takes a government gun to accomplish and is hidden behind bread and circuses.

Sun, 11/13/2011 - 14:48 | 1873860 Doomsday Profit
Doomsday Profit's picture

You are exactly incorrect Sir.  The printing of unbacked money has taken a very private, destructive and greedy hand to accomplish....a hand that controls all forms of government.  Your support of the Demon Rand's philosophy of Objectivism is foolish at best and evil at worst.  Greenspan was simply a disciple....a pride-filled, stupid pond of a disciple (and unfortunately that's the most charitable description I have for him). To promote a philosophy that argues that the deeply flawed being known as Man is capable of self-regulating against the irresistable temptations of the seven deadly sins - while simultaneously demonizing the prime virtue of Charity is frankly evil to the core! Those that have been tricked by their own sinful faults into believing such toxic soul-destroying bile should seek whatever form of redemption is available to them....and they should do so quickly.....time is running out!  

Sun, 11/13/2011 - 16:04 | 1874001 Melin
Melin's picture

So, "the deeply flawed being know as Man" is incapable of self-regulating but has a fantastic knack for choosing his regulators?

Her view of Man is a heroic being, with reason as his means and his own life and pursuit of happiness as his rightful end.  There's no demonization of charity in her philosophy, there's an objection to the idea that self-sacrifice is a virtue.  Altruism doesn't mean charity, it means "other" and is a rejection of the idea that self-interest is virtuous.  People are charitable and have every right to help anyone they wish.

Rational self-interest isn't evil, it's a requirement of Man's life. 

Sun, 11/13/2011 - 18:24 | 1874194 Doomsday Profit
Doomsday Profit's picture

"there's an objection to the idea that self-sacrifice is a virtue"

You're playing word games with yourself....an objection to "self-sacrifice as a virtue" is an objection to charity - as all charity requires self-sacrifice. Please, go and pull the wool over someone else's eyes.  If you really can't comprehend the evil of Randian philosophy - which has brought us to the brink of financial disaster...at least try to refrain from singing her praises.

Sun, 11/13/2011 - 17:53 | 1874156 StychoKiller
StychoKiller's picture

Charity != Altruism

Check your premises, then alleviate some suffering:  http://www.worldvision.org

 

Sun, 11/13/2011 - 13:30 | 1873749 williambanzai7
williambanzai7's picture

I agree she was a very interesting intellectual.. However, the idea that markets will self regulate fraud and other adverse behavior has been proven to be a consummate pipe dream.

Sun, 11/13/2011 - 13:40 | 1873765 Melin
Melin's picture

The US Constitution is the law governing fraud.  Your desire seems to be to insert a gubmint regulator between yourself and someone you'd voluntarily trade with even tho no fraud has occurred.  Why?  Why assume people who have goods or services to trade are inherently fraudulent requiring supervision?  If fraud can reasonably be assumed to have occurred, that's when gubmint should step in.  When you invite gubmint into your every transaction, you get the politics-of-pull; i.e., corruption.

Sun, 11/13/2011 - 17:55 | 1874158 StychoKiller
StychoKiller's picture

Brainz are in short supply around here when it comes to understanding "Atlas Shrugged".

Lots of folks confuse Altruism with Charity and thus come to incorrect conclusions!

Sun, 11/13/2011 - 18:51 | 1874225 fiddy pence haf...
fiddy pence haff pound's picture

so, what you're saying is that the very people who worshipped

that Aynus managed to misinterpret her, and that's why we're

in the sheep dip, now.

So, wise guy, has anybody successfully employed the Randy One's

ideas and not ruined an economy?

Dream on, and watch the movie Atlas Shrugged because it's as

pointless as any of that Randy Aynus' scriptural feces.

 

Sun, 11/13/2011 - 07:26 | 1873398 Zero Govt
Zero Govt's picture

Ron Paul will not save you ...sooner RP fans take their lives into their own hands the better

You will not be led, indeed should not look to be led, to the Holy Land. You are standing on the Holy Land, it's the space below your toes

You do not need to vote for someone or something. Your vote is worthless. Ron Paul doesn't stand a cat in hells chance. The US Govt has never been wise in its entire sorry history. The futility is 100%

You can only sort yourself out. Period. So if you want one political policy, enact it yourself: Stop Paying Your Taxes

RP is not the Messiah just as Obumma was not. You are all you are looking for. You have all the power to change course. You want change, just change yourself (everything else is fuking BS)

Zero Tax = Zero Govt = Freedom

Sun, 11/13/2011 - 08:04 | 1873428 Oh regional Indian
Oh regional Indian's picture

Well said ZeroG. The messianic mantle on Ron Paul's head will crack his clay feet.

We are our own bestest saviours.

ORI

Sun, 11/13/2011 - 12:51 | 1873696 AssFire
AssFire's picture

Oh great, more of your wisdom like:

"It is the man with yellow feet who pisses in the shower"

Sun, 11/13/2011 - 13:14 | 1873718 RockyRacoon
RockyRacoon's picture

Why don't you two take it out in the parking lot and let some grown-ups have a discussion here?

Sun, 11/13/2011 - 11:38 | 1873585 Abitdodgie
Abitdodgie's picture

The police here in America (the Corporation) are here to protect one thing ,THE Corporation and to punish employee code breakers, if you have a social security number or a birth cert, you then are an employee of the Corporation from birth , that is why they tell you how to live . You gave up being one of "We The People" your sovereignty to the real United States of America ( you know the constitution) when your perents entered you into contract with a birth certificate to " United States" a corporation , so if you want to stop the system then take back your sovereignty and file your UCC-1 , and stop being a slave

Sun, 11/13/2011 - 12:41 | 1873678 DosZap
DosZap's picture

Abitdodgie

How do you file a UCC1, and this gets you off the radar?.

Explain pls.

Sun, 11/13/2011 - 13:16 | 1873719 Abitdodgie
Abitdodgie's picture

Download " The Errent Sovereigns Handbook " by Augustus Blackstone it is a free publication and it tells you how to become a Sovereign again how to opt out of the tax syestem and stop prorerty tax , how to get supreme title for your land etc . If everyone did this the corporation would die very quickly . When you have done this the only laws that apply to you is the constitution

Sun, 11/13/2011 - 18:15 | 1874185 trav7777
trav7777's picture

rotfl...how to get eventually put in jail by the taxation authority.

Your moonbat shit on sovereignty is absurd fringe bullshit.  You're going to FILE something with the sovereign to declare yourself not subject to their laws?

Sun, 11/13/2011 - 18:35 | 1874207 RiverRoad
RiverRoad's picture

I wish Tyler would put out that great post on "Expatriation"  again.......

Sun, 11/13/2011 - 22:02 | 1874483 Cathartes Aura
Cathartes Aura's picture

trav, aren't you a lawyer?

anyone interested, here's a link to Chumbawamba's post

http://www.zerohedge.com/news/mike-kireger-rebellion-has-arrived-america...

 

 

Americans, if you've ever listened to Chumbawamba before, hear (er, read) me now:

I searched a long time and studied a lot of crap before I found this.  I am telling you, this is the real deal.  In one fell swoop, this simple, unadorned website simultaneously teaches you how you were fooled and gives you the remedy for correcting what ills us in America.  Like anything good in life, it requires hard work and a lot of determined study, but if you've ever wanted to drive your car without needing a license or having to have it registered, if you've ever wanted to stop being forced to pay income taxes (state and federal), if you've ever wanted to start a business without having to get a license, basically if you've ever wanted to live your life truly in liberty without having to ask permission to do so, this is the website for you:

http://1215.org

There is nothing to buy, there are no dues to pay (other than time), you don't need to fill out huge complex forms, there is no magic or trickery involved.  It is simply the simple, elegant Truth.

I am Chumbawamba.

Sun, 11/13/2011 - 13:30 | 1873747 DosZap
DosZap's picture

Zero Govt

You can only sort yourself out. Period. So if you want one political policy, enact it yourself: Stop Paying Your Taxes

 

Be more than happy to, when you can explain to us how you stay out of jail, and not lose everything you own.

The IRS frowns on non taxpayers, and loves to seize their property and wealth, and garnish wages if you have a job.

You going to sleep on the street?.

Sun, 11/13/2011 - 17:57 | 1874162 StychoKiller
StychoKiller's picture

In my movie, I just crash at my CyberHouse in cyberspace...

Sun, 11/13/2011 - 13:39 | 1873763 redpill
redpill's picture

The two are not mutually exclusive. One can take one's own life into their own hands while still voting for champions of liberty when the rare opportunity arises.  If you believe the system will ultimately be unable to help, then you've nothing to lose by voting for him anyway.  But you may save the lives of a few million Iranians.

Sun, 11/13/2011 - 13:19 | 1873725 Melin
Melin's picture

Again, read Alan Greenspan when he was her so-called "puppet" and what you'll find is a proponent of sound money. His later actions are the precise opposite of what she advocated.

Sun, 11/13/2011 - 09:13 | 1873478 Conrad Murray
Conrad Murray's picture

The Road to Roota Theory postulates that there is a group of people in the United States as well as around the world that are working to remove and destroy the financial banking powers that have secretly controlled all aspects of our lives for hundreds of years. The original idea of this group sprang from the mind of Alan Greenspan and involved rigging markets with computer programs that he had invented in the 1960's.

 

http://www.roadtoroota.com/public/190.cfm

Sun, 11/13/2011 - 13:23 | 1873737 Waffen
Waffen's picture

it a nice theory, but I just dont buy it, unless of course that Alan greenspan is part of the plan to bring in a global currency

Sun, 11/13/2011 - 10:38 | 1873523 FutureShock
FutureShock's picture

You know Greenspan admited his mistakes following the very first derivative lawsuit when he and Larry Summers and the former Goldman guy shut down that female Brookeley Born chic that was the first person on the planet to see this shit storm we are now in. So what happenes Obama puts these guys back to business NEVER regulating derivatives. Geithner was 35 then and all in that shit too. Those guys should have been gone faster than the Athletic department at Penn State.

I am all for less regulation but this problem happened was bandaided but never fixed. The entire Congress had thier hands in this and never corrected it. It is way more than just Alan but sure as shit he could tried to do more even after he was out.

The US is in a great positon compared to the world to reapir and re-start the US and not pay the interest to other countries which means war. How many of those Capital hill dumb fucks will actually realize what their inactive and lobbying bank accounts have done to this country and the lives it will take.

 

 

 

Sun, 11/13/2011 - 11:16 | 1873556 Conrad Murray
Conrad Murray's picture

This is a good documentary about Brooksley Born and the whole mess. Free to watch for anyone with an interest.

http://video.pbs.org/video/1302794657/

Do NOT follow this link or you will be banned from the site!