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The Fat Lady Is Clearing Her Throat
Submitted by Mark Grant, author of Out of the Box
A Loss of Credibility
Once at a social gathering, Gladstone said to Disraeli:
"I predict, Sir; that you will die either by hanging or of some vile disease".
Disraeli replied,
"That all depends, sir, upon whether I embrace your principles or your mistress."
We have reached a point where the shepherd has shouted “wolf” one too many times, where the theatre goer has shouted “fire” one too many times and the crowd no longer believes the jargon and is standing pat. From one politician to the next in Europe the words are strikingly the same; “bold actions, courageous decisions, decisive plans” which are meant to stoke the propaganda machine and assure the world that all is well. We have had the bank stress tests; the first pockmarked by inaccurate data checked by no one and the second humiliated by an inaccurate construct which discredited it by its own shameless manipulation. We face a world where contingent liabilities, promises to pay and guarantees of debts are NOT counted and where asset guarantees, illusionary firewalls and unfunded rescue programs ARE counted and in some cases counted more than once. Europe has, in fact, provided a complex system of hoaxes, inaccurate data and false financial reports that have been for the most part believed but that belief system is now crumbling as every quarter presents new data that proves the inaccuracy of what we have been told.
“In my youth, I, too, entertained some illusions; but I soon recovered from them. The great orators who rule the assemblies by the brilliancy of their eloquence are in general men of the most mediocre political talents: they should not be opposed in their own way; for they have always more noisy words at command than you. Their eloquence should be opposed by a serious and logical argument; their strength lies in vagueness; they should be brought back to the reality of facts; practical arguments destroy them. In the council, there were men possessed of much more eloquence than I was: I always defeated them by this simple argument; two and two make four.”
-Napoleon Bonaparte
In America we are also suffering from a hoax; just one of a different variation. The notion that the United States, myopic in its vision, will escape the quite real recession in Europe and that there will be a decoupling of some sort is the same fantasy to be found in Cinderella and here comes the Prince to whisk you off to the castle. There is no fairy godmother coming to save us and I am afraid we are bound to labor for our wages just like everyone else. There is always variance between markets of different nations and regions but the last historical decoupling probably took place sometime before World War I and has not and will not be seen again in anyone’s lifetime. The world fought with rifles once and then tanks and now there are nuclear bombs and just get on with it because there is no way back. Recession in Europe will bring recession to China, will bring recession to America and just get it through your heads and plan accordingly.
The American jobs data on Friday shocked everyone; there was not one call from any corner that provided an accurate reflection of the result and yet what did anyone expect? Every country in Europe is in a recession except Germany and I can virtually guarantee you that Germany will be in one soon as they cannot avoid the contagion any more than America can. Germany and the United States, best of class in their own way, will be the last to suffer the slings and woes of misfortune but we will suffer from them in the end. The past monetary easing by the Fed and the ECB helped to delay it all but we are at a point now where any new easing won’t do much. This is because of our interest rates being at almost zero and where do you think we are going; citizens and institutions paying the government to hold our money? No, I don’t think so and this, coupled with plenty of liquidity now in the world so that any new injection of liquidity will provide only a very momentary buoyancy so that easing, any type of easing, will do very little to stop a decline in equities, a widening of credit spreads, a rise in Treasury prices and all of the other things that one finds in a recession which will be more severe than predicted by most and so the world, along with Europe, is meeting reality and will find it a quite unpleasant experience.
Looking Backwards
If the American experience taught us anything it should be first that ”best of class” will sink right along with the “rest of class” and that looking backward, when facing a financial decline has about the same benefit as dipping your body in the Ganges river and hoping for salvation. In a recession what was will not be and all of your attention has to be shoved forward to look at what will come and not what has come.
Percentage Increase, 1922-29
Industrial Production: +70%
Gross National Product: +40%
Per Capita Income: +30%
Output per factory man hour: +75%
Corporate Profits: +62% (1923-1929)
"Financial storm definitely passed."
-Bernard Baruch, cablegram to Winston Churchill, November 15, 1929
Greece has hit the wall and its financial engine lies in tatters. Spain has hit the wall and just not made the announcement yet. Portugal has hit the wall and will bang it again for good measure. Ireland has hit the wall and is bathing in its national self-pity. Germany is staring at the wall, declared “no Eurobonds under any circumstances” over the weekend while Monti says Eurobonds “will come” and so we are about to have a re-do of the Battle of Verdun. France is warming up to the wall and wants to spend even more to climb the damn thing. America is in self-denial that there is any wall at all. China is about to hit the wall and is adjusting its parachute.
Treasuries are the needle on the speedometer and if there is one clear indication of very serious trouble ahead you can read it there.
The fat lady is about to sing. If you don’t wish to listen then don’t show up later and say I didn’t warn you.
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Merkel!
I don't think the Queen looks too bad ;-)
She looks good on my Canadian PM's. Besides that, not so much.
like a Tsunami, - the wave cometh, and there's ain't nothin' stoppin' it now.
Fight Club rules!
You're breaking the 1st rule
Alice Cooper: Grand Finale
http://www.youtube.com/watch?v=ppAB15Zmf04&feature=results_video&playnext=1&list=PLA87341D19AE866AD
From Gospel of Matthew, ch 13:
10.And the disciples came, and said unto him, Why speakest thou unto them in parables?
11. He answered and said unto them, Because it is given unto you to know the mysteries of the kingdom of heaven, but to them it is not given. 12.For whosoever hath, to him shall be given, and he shall have more abundance: but whosoever hath not, from him shall be taken away even that he hath.
13. Therefore speak I to them in parables: because they seeing see not; and hearing they hear not, neither do they understand. 14. And in them is fulfilled the prophecy of Esaias, which saith, By hearing ye shall hear, and shall not understand; and seeing ye shall see, and shall not perceive: 15.For this people's heart is waxed gross, and their ears are dull of hearing, and their eyes they have closed; lest at any time they should see with their eyes, and hear with their ears, and should understand with their heart, and should be converted, and I should heal them.
16. But blessed are your eyes, for they see: and your ears, for they hear. 17.For verily I say unto you, That many prophets and righteous men have desired to see those things which ye see, and have not seen them; and to hear those things which ye hear, and have not heard them.
My witness to you in these Final Moments is: If You Love Christ Jesus, it is not your money or safety that matters. Living In God's Accord is the only Deliverance and Preservation any, anywhere will Know. You must find that Relationship NOW, because the tune the legendary fat-lady mezosoprano is going to sing, will be the end of The Age of Faith. All will Know The Father IS Real and HIS Son Already Is Embarked Upon HIS Return.
Either In-HIM/Of-HIM, or apart.
Mommy, why is our car so special?
Because zombies are coming, dear
http://i.imgur.com/QOvRt.jpg
Nice care, wish I could afford one.
Bullshit.
The all powerful God you ascribe to would be beyond such things as ego, and only in the ego lies the desire to be worshipped, the need to control others, the demand of confession as to your transgressions against God's will, the edict that those he created "in his image" were placed into a place of temptation and sin to test their God-created fallable will with those who are weak or fail to be damned into the fires of eternal punishment.
How can a person sqander the gifts God gave them to discern human contrivances in the name of almighty, to see with the eyes and mind and heart given them that any call for subversion of happiness which is not at another's expense is somehow in conflict with unity of the Creator.
Bullshit.
By American standards she's definitely not fat. And she couldn't even sing if her life depended on it (I heard her perform the national anthem – believe me, even my dog would have done a better job).
Don't you believe in hope and change and Obama! I know 2 people that do and they are 5 years old!
Just f-ing bring it!
I agree! Put the fat gal on the stage already!
This show has become tiresome, stale and hideously boring. I believe most folks are ready to go home and do something, anything, else.
Then, fire the entire cast and crew and let's start a new show. Hell, improv can't be any worse.
Get this shit over with will you. The same folks created the mess are now back creating biiger problems with no fucking clue. Hang them and their families. Screw the juducial system. Its fucked up, yak to nowhere. USSA the land of GAYS and Pussies.
It will come to that if the rule of law remains absent. As you point out however, restoring the rule of law would require powerful people to indict themselves. Where the fuck is John Corzine? Being rewarded for bad behavior, working for Obama.
This administration could rescue the "markets" with a single hanging, yet they don't have the balls.
LoP,
whom would you hang?
who would be accessory and also merit hanging?
who would be left over?
no one.
QEDumbfounded.
Did I say that I would hang anyone? Okay, having lost some money with MF Global, I would certainly pull the cord on John Corzine.
But I digress,
The point is the following; In the absence of the rule of law, chaos and local alliances will dominate.
What does that look like? Look no further than India and Afghanistan.
Wake the fuck up, individuals will do whatever it takes to survive, period.
Now do you have a solution or are you simply being a fucking troll?
There is no solution. Europe will default. The US will eventually default. Sure, a "hanging" could make an example and possibly prevent another MF Global, but it wouldn't fix the problem.
Wrong, there will be a solution, it simply won't be one you like. Nature seems to always find one and I have no doubt it will again.
By solution, I meant a way to continue the status quo - to continue having large banks with large lobbies, (one) two political parties, cheap goods from China, gas in our cars, hot water in our showers, etc. Yes, there will be a RESOLUTION. I'm simply hesitant to call the major upheavals and required shared sacrifice a solution.
Wrong again. There is never a resolution in Nature. That would imply an end and Nature is always evolving. Unless of course you are talking about the end of the earth when the sun runs out of fuel and implodes.
Bleh. I'm not talking about nature (or Nature or the end of the universe or God's ultimate plan, etc), I'm talking about the math problem that is the current economic situation. When given a math problem, the goal is to find a solution, i.e. an answer that solves the equation. There is no answer for this one. There is no solution that makes the math problem viable. There is only removing the problem entirely. That's not a solution.
However, I do understand your point - that civilizations rise and fall, countries prosper and default, and if you were to compare these economic cycles to nature, life will go on. At least I think that's what you're trying to say.
1.0 - Prime Interest Rate = Probability of the Great Implosion occurring
C - Standard
Removing from office and handing out appropriate sentences for the financial and war criminals who currently wield power
may well be a necessary step both to "fix" things and "prevent" the recurrence.
Europe's likely default is part of "The Solution". Cause and Effect is still The (natural) Law.
One shouldn't expect the the perpetrators of a crime to volunteer for punishment. They will try to keep their ill gotten gains and some will be successful. It has always been this way.
you retard LoP you mentioned India and Afghanistan in the same sentence in terms of rule of law
Pakistan is 100x fucked up than India. For that matter India has a more lawful society than the chinks, the spics and the Russians IMHO, not to mention the Africans.
Although I wouldn't mind if they hang Corzine to set an example
You are a moron. Having spent time in both countries it is very clear that local powers (read warlords) dominate as well as a class structure, period. In both countries, your level of security and opportunity is directly dependent upon the families you associate with. The "level" of fucked up is irrelevant. In both cases it is a "robber barron" structure straight from the dark ages. Step out of line in Asia and depending where you are (especially in tiawan) and you will find yourself in deep shit very quick. Get out of your parents basement and travel a bit more son.
Right on LOP,
China is a powder keg and very close to anarchy and serious revolution. The place is lawless and corrupt beyond belief. 90% of the population still lives like farm animals.
I was there last year trying to diffuse a "legal" dispute. A very large US company had just bought some factories from a Chinese "mafia" type. As soon as the deal was inked, he/they jacked the utility cost to the point where it was impossible to manufacture anything. The Chinese seller wiped his ass with the non-compete and built a new factory, all of the employees wisely went to work for him, again. $60 million later, my client wants to come back to the US, but unions and regulations make that almost impossible as well.
They wanted to pay me for my "services" in company stock and options, I said no. This is a Global clusterfuck, buckle up gang, it's gonna get rough.
It amazes me that a U.S. company wouldn't already know the Chinese mentality and purpose right out of the gate.
They did and still do know the risk... But that risk is better than an ever changing playing field here in the US; EPA, Tax uncertainty, uneducated populace, Union thugocracy (Boeing), etc.
Yeah, let companies go where they want, but if they go to someplace like China and expect some sort of rule of law - Fuck 'em!
"my client wants to come back to the US, but unions and regulations make that almost impossible as well."
Funny. Your client finds out the hard way that dealing with unregulated oligarch societies is not all it's cracked up to be, but then complains that he may have to pay a living wage or not dump raw effluent into a river if he wants to build in America. You know that fewer than 12% of all workers in the U.S. are unionized, right? My guess is that your client will only be satisfied if he makes 200x - 300x his average worker. Back in the days when America was building things, most large business owners understood that they needed a middle class to buy them. In the 1960's, for example, the average CEO made 25x an average worker salary. Today the average ratio is in the hundreds. You client and others like him should consider who will buy their shit when the workers are out of credit (they've been out of money for a long time).
You are another one of those who sees everything and understands nothing.
Luckily that's not important.
Ad hominem? Check. Complete lack of substance or counterpoint? Check. Pure ideologue who has nothing to say except "nana nana boo boo"? Check.
You are exactly right LTER,
Shareholders, Fund managers and ultimately you demand profits and roi, continual and exponential. Far too many people in the markets, too much cash chased values and expectations unrealistically high. You could see this coming when every busboy and pizza fuck opened an IRA, not even knowing what they were buying, lol.
BTW, Unions have priced themselves out of work in every right to work state. Right to work states are doing better than Union-monopoly-States. Basically, Unions suck!
Not having a middle class is an unsustainable model. "Right to work state" is an Orwellian term attempting to justify a race to the bottom. P.S. you completely failed to address my point about CEOs making hundreds of times that of average workers. I assume you see no connection between that and our current problems? You also see no connection between falling wages and greater wealth concentration at the top? This model has led to a deteriorating economic environment where the snake (the top one tenth of one percent) is now eating its own tail (the rest of us) to continue its pitiful existence. Just keep telling yourself that you are immune from the coming collapse.
Public unions? You cant be serious.
What all of you Fox & Friends ideological trolls fail to understand is that without the middle class, there will be no economy. Look at any chart of the wealth distribution in this country over the last forty years, and compare it with the strength of our economy. It is no coincidence that our system as a whole is going down the toilet. If higher wages for the top and lower wages for the 99% worked, we'd be in the biggest boom in 100 years. Instead, it is the opposite. Go figure. Maybe you anti-worker types are just simply fucking wrong.
If anything kills the middle class, it's unions.
Nice analysis. If anything kills the middle class, it is the color blue. Convinced?
AMEN JWOOP!
I treat my employees very well, great pay, benefits etc; I would do anything for any of them and they for me... If they ever tried to organize a union at my company, I would sell it the next day and they would all be fired. Unions kill jobs! Just reference the NLRB, Boeing plant ruling in South Carolina. My employees would never unionize though; I vetted them before I hired them, lol!
So anyone who disagrees with your shallow analysis is a troll? My family business was continually screwed over by powerful unions for 40 years years asshole.
Fox? Haha.
Go.Get.Fucked
Inherited your money, huh? How did I know.
Go fuck yourself twice, mommy and daddy's boy who has no fucking idea what it's like to start with nothing.
No, we worked for whatever we have. No union to protect us either.
And you didnt answer the question dickhead. Reason is, you can't. Well versed with pricks like you.
LOL plus 1 Bay !
Like a crab in a bucket, you're advocating that NO crab should be allowed to escape the bucket. Check yer premises.
Rand,
ANSWER - CEO's are worth hundreds times more than employees! It's not as easy as it looks to run a corporation. Fucking OWS dipshits think they can do it, what a joke. The uneducated worker class has taken genius and innovation for granted for far too long. Bilking the rich at every turn, yet the dumb stay dumb and simply show up for work, it's all they know' they should be thankful.
Labor Day is a fine holiday, sure give the workers a 3 day weekend. Employers and job creators sometimes become filthy rich and take lavish long vacations, it's all good, they deserve it.
Thanks for admitting you are an arrogant worthless fuck. How many jobs has Jamie Dimon created? Lloyd Blankfein? The CEO of GM before it went bust? Fuld? The Koch brothers (they inherited their money)? The Walton heirs who don't even work? I could go on. Mozillo -- who probably more than any other single person helped create the housing bust and ensuing crisis -- made hundreds of millions before his enterprise completely imploded and every single one of his employees got fucked. Was he worth it too? He would say so. P.S while you assume a lot of things, you are wrong just like your ideas. I am a business owner. How about you?
Rand, are you an ethnic studies professor? You sure as fuck sound like it sometimes! Stupid arguments. Go to the economics dept one day and get a basic Econ 101 textbook.
Glad that you have so many intelligent retorts to my position. As usual, when you clowns are called out by simple facts you simply attack the person who is pointing out the facts rather than even trying to defend your ridiculous position. Well done.
Simple facts? How about simple minded with you defending public unions?
http://trololololololololololo.com/
I've worked union work. It was sweet. I got paid twice as much,worked half as much with lower quality as ordered. I wish that job went on for ever as I am older now and my pride and self respect are much diminished.
"You also see no connection between falling wages and greater wealth concentration at the top?"
Nope I see no coincidence at all, i do however see causation and free market principles at work. As the population of "workers" has become lazier and less educated, they have become worth less. That lost value rises to the top as the rich replace or do without them. Not complicated really, unless you believe that everyone has a "right" to a job, in which case, you will never understand.
Ah yes, I see you've been worshipping at the alter of Rand. I realize I'll never convince you because you are a narcissistic sociopath, but some time just for fun try to look at the objective "value" that most highly compensated Fortune 500 CEOs have brought to their companies over the last 30 years or so. You'll find that many of the guys who made the most money lost huge amounts for their shareholders and employees. If you change "productive class" to "locust class," you'll start to see what I mean.
Ann Rayn? I read "Anthem" 30 years ago, that's about it. I undertand the gist of her argument. I disagree with many things that she believes. So what?
I do know what I know from life experience: Unions suck, most of our population has been dumbed down and have become lazy with a dangerous dose of self-entitlement, basically un-employable. Sound familiar Jackass? I'm sure you hear it all the time... But I'm sure that your facial tattoos, piercings and ear stretchers will augment your resume nicely, Fucking tool!
I have seen you attack everyone who disagrees with you, while never answering a single question or furthering the discussion. Therefore, to are a troll.
LaTER indeed!
Ookspay
PS: I will spank you later, you must like it, It seems to happen a lot.
Indeed. He makes some fair points early and then goes full retard on unions, and calls the rest of us uninformed and stupid.
LOL.
Rand, could you tell me why the fact that a CEO makes X amount of dollars, affects you or me or his employees?
When the collapse comes, socialists such as yourself are the first in the crosshairs.
Unionized your shop yet scumbag? You bitch and bitch about those who have more than you but still will not pay a living wage and give the right to organize to your own employess. Of course you take the risks right..
Shut up and quit sermonizing, typical lib do what I say not what I do...
Two words -- go fuck yourself. Wait, that's three....
Liberal scum.. Ever decide what level of wealth you are willing to steal from a man who dies when we left off you could not decide if a million in estate meant your Lib buddies got 50% or 60% of that man's hard work upon his death.. The reckoning it cometh and that right quick.
Nice comeback, exactly what I expected.
Hmm, hypocrisy in politics? Next you'll say people online lie.
Nancy Pelosi pays her female staffers 27% less than her male staffers, which is worse than the 23% pay disparity generally cited in the "War Against Women" meme by the left. Or, if you calculate by using the median salary, apparently it would be 40% less.
http://freebeacon.com/no-equal-pay-for-nancy/
And Pelosi won't criticize Democrat Senators who pay their female staffers less than the male staffers. That sort of thing is all right -- unless it happens on the red team.
http://dailycaller.com/2012/05/31/pelosi-gives-senate-democrats-who-pay-women-less-a-pass-scolds-companies/
I hear she wont let her hotel employees organize either.
You're right, jwoop, I didn't know that. Restaurant employees, too.
http://tobey100.hubpages.com/hub/What-the-Media-Wont-Tell-You-About-Speaker-Pelosi
"In both cases it is a "robber barron" structure straight from the dark ages."
Aside from shit flowing down the streets, not unlike New York and Washington.
June 1, 2012 10:55 PM
(Reuters) - JPMorgan Chase & Co has returned about $600 million that was at the bank when MF Global Holdings Ltd went bust in October, the Wall Street Journal reported late on Friday citing people familiar with the matter.
MG Global's bankruptcy trustee James Giddens might have additional claims against JPMorgan for several hundred million dollars, the business daily said.
JPMorgan officials contend that the bank no longer holds any MF Global money, the Journal said citing the people.
A JPMorgan spokeswoman was unavailable for comment outside regular business hours.
Trustee James Giddens, who is unwinding MF Global's broker-dealer, is to provide a written report to the U.S. Bankruptcy Court in Manhattan on the status of his investigation into the company's unraveling.
Close to 1 Billion in customer funds disgorged by JPMugger to date.
It wouldn't be Martha Stuart. Take your pick. Hang them all. Works for me.
Rule of law?
Josephine County begins dismantling its sheriff's office in response to May defeat of tax levy
http://www.oregonlive.com/news/index.ssf/2012/05/josephine_county_begins_disman.html
The next county over. They closed the records department so no more concealed carry permits because the records office is closed. Then they closed the detective unit so only major felonies will be investigated. Then they closed the jail and released 45 prisoners telling then to show up later that day at the probation office, only 6 showed up, no surprise. Later that evening the United Way offices were ransacked and robbed.
Last week, the department shut down its major crimes unit, saying current, unsolved cases have been transferred to the district attorney's office. The records division, which handled non-emergency calls and reports, closed as well.
"...as the department shrinks in reaction to the defeat of a law enforcement property tax levy in the May 15 primary election. The measure would have increased the county government tax rate -- the lowest in Oregon at 58 cents per $1,000 of assessed value -- by $1.99 per $1,000."
Road patrols diminish on Friday, dropping from 20 hours a day to eight hours a day, five days a week. The number of patrol deputy positions will drop from 24.5 to six. Three of those are contract deputies, specifically assigned to patrol Cave Junction, Bureau of Land Management forests and Oregon State Marine Board waterways. That leaves two deputies and a sergeant for the rest of the county.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
For a county larger than Rhode Island.
They have the lowest tax rate in the state and the increase sought was small, but the anti tax anti government teabagging fundamentalist christians voted it down, and while I agree with a lot of you that there is too much government and that government is fighting a war on it's own people which must stop, there are some real bad douche bags out there that should be locked up, some of them should never get out.
Everyone thinks cops have too much power, they have too many resources, they need to be restricted, I agree with that as well, and in some places that is really true, but cops also provide a lot of public good. The fact that they exist and have power is mostly oppressive to criminals. If we had no cops there would be a lot more crime than there already is and if you think cops are oppressive try home invasion with rape and robbery or murder thrown in. Will it be YOUR kid or grandchild in an accident on the highway who might have lived if it had not taken a cop half an hour to get to the scene?
We need reform for certain, but the answer of all right wing hosers is to just shut it all down, I hope theirs is the first house to burn to ash when there is no more fire department.
Do you live in Josephine County? If not, then what's your point, why do you care? If you don't live there, it's none of your business. The residents of that county had a choice, they made it, and now they're living with the consequences. That's how democracy works. Next election they'll probably have the choice to raise taxes to restore police services.
I live in the next town over but I somehow doubt their criminals see the county line as a barrier to crime. I also have to drive through that county to get anywhere.
My point was that rule of law just does not exist anymore, or at least we all say we want rule of law only to get greedy and refuse to pay for it, and when cuts come they are not rational, the klepotocrats still stay fat and wasteful while the REAL needs then go unaddressed, it is always the little guy that gets screwed. I assure you that the federal government still has officers in that county planning their next pot garden raid even as known felons are released from jail to go murder those that testified against them at their trials.
Living next to Josephine county is like having a meth lab move in next door to your house, do you really want this kind of thing in your neighborhood? It is my business, I am sick to death of the anti government shitheads that say if we just destroy it all we can start over from scratch, guess what A holes, it is very expensive reinventing the wheel and people will get hurt, in the end we will be right back to point A where we started because you decided we needed to destroy the modern version of society rather than to identify the problems and FIX them. It is the lazy way out and I am fed up. Too many of you live in some fantasyland of rural agrarian yeomanship where the rugged individual is entirely self sufficient, that has not existed since industrialization and urbanization came along 180 years ago. But, I hope you get your dream come true, and when you find out what a fucking endless nightmare it is please do not come to me for help because I will have loaded up on ammo myself and anyone stepping on my property will be handled according to your new paradise.
I don't want your help with anything, because you sound like a paranoid nut-job who will gladly accept a big-brother type world that replaces liberty with the illusion of security. You were probably thrilled when they installed those cameras above every stoplight. Good luck maintaining your sanity in your survival bunker....
Right, because without a "proper" police department, you can not have any rule of law - FAIL.
Life is hard, grow the fuck up, take reasponsibility and deal with it.
The locals will take care of justice...a few thieves will be shot by the citizens during commission of their crime and the county will probably be the safest in OR once word gets out.
You sir are FULL OF SHIT
With THOUSANDS of people kicked off of extended unemployment benefits there will be anarchy, it will not be a few bad guys shot in the commission of a burglary, it will be good clean decent people getting the death penalty from the mob because they have gotr to feed their kids!
Or do you dumb assed Reichwingers really believe that so many people will all just wait around until they starve to death without picking up a weapon and going after anything not nailed down? You better have a very large stock of ammo and a huge posse that can guard your shit in shifts, you will need it.
Won't they be happy with welfare, section 8 housing, food stamps, and free medical care?
Anarchy != Chaos You would be wise to learn the difference:
http://pixel420.com/pixel420/stateless/
If I were a criminal, I'd stay out of Josephine County, where the citizens are probably stocking up on guns and shovels as we speak. There will be no sheriff to rescue me from a lynch mob, no three-hots-and-a-cot at the county jail, and no detectives investigating my disappearance.
"Right wing Hosers", LOL, 80's flasback!
Let's clarify: Liberal policies enabled criminals and ne'er do wells to proliferate and populate Jefferson County. Then the smart ones moved out, property values dropped as did the tax revenue, yet the Unions wanted raises and more benefits. Now there are no cops and no taxpayers... And "right wing hosers" are responsible?
Liberals are mind numbingly simple and irvariably wrong!
Sounds like a nice place.
Bravo! Well said sir!
Hang whoever you like ... just have the IRS put out notice that REMIC was not adhered to in any of the MBS's and the markets will fix themselves (after a year of so of absolute hell) ... it'll be a different and far better world.
You're calling for a hanging?
How did that work out for Robespierre?
Living in the past does nothing. How is no rule of law working out around the globe again? Think Afghanistan.
Don't criticize The Queen for a lack of preparation...
http://24.media.tumblr.com/tumblr_m4wwzozVd01qkej80o1_1280.jpg
Bullish!
It's not over until God in Heaven say it is. Close though. Alot of demonic influences having a field day in the world of finance and government. Their time to kill, steal and destroy is running short.
Maybe end times, maybe not.
Either way God will not stand by and watch the few endlessly steal from the many. Much like the issue of slavery, the status quo will be not allowed.
Lincoln saw this, here is an excerpt from his 2nd inaungural address:
http://www.bartleby.com/124/pres32.html
Fondly do we hope, fervently do we pray, that this mighty scourge of war may speedily pass away. Yet, if God wills that it continue until all the wealth piled by the bondsman's two hundred and fifty years of unrequited toil shall be sunk, and until every drop of blood drawn with the lash shall be paid by another drawn with the sword, as was said three thousand years ago, so still it must be said "the judgments of the Lord are true and righteous altogether."
sschu
Ah Lincoln. Yes. The man who murdered 600K of his own people and illegally enslaved a nation who lawfully left the Union, all for some Northern Industrialists and Bankers. Ah, yes, what a wonderful paragon of virtue! Oh do tell us more of what he had to say!
While we are waiting, I'm going to go look up some Pol Pot quotes as well.
Anyone who still believes that the War of Northern Aggression was fought over slavery is invited to search "Morrill tariff".
BTW, the Emancipation Proclamation is also interesting reading...nothing like freeing slaves in enemy-controlled territory whilst declining to do so in your own lands...no wonder Charles Dickens called it a piece of "specious humbug"...
...and the Southern separatist movement is alive and well and waiting for the collapse...
http://dixienet.org/rights/index.shtml
RafterManFMJ and takinthehighway,
Nice job, you completely missed the point of my post.
I said nothing to defend Lincoln, the post is about God and His will that slavery be ended, especially so in a country that espoused individual liberty and denied it to millions within its boundaries.
Lincoln saw God's providence in the Civil War, do you?
sschu
Then what exactly is He waiting for? This has been going on since 1913. I like your Christ, your Christians, not so much.
There is certainly much to dislike about Christians, granted. That does not change the nature of God and Christ, however.
Why did it take God 80+ years to "settle" the slavery issue?
He has a plan, you can read about how it goes and ends in the Bible. He clearly acts based upon His own plan, but He gives us time and plenty of notice to change our ways to prevent His getting involved. We seldom take heed.
Is this the end times? Who knows, but with respect to the state of affairs in America, He is getting ready to take care of business, that should be obvious.
sschu
God= the crutch of the weak minded sheep.
Yes, weak minded sheep like CS Lewis and Newton and Luther.
I pray that the Lord grant you insight.
sschu
There are two types of religious people- useful idiots and parsons. Are you one or the other?
Yes, there are aspects of religion that are distasteful. That is because religion is a man-made construct that seeks to understand God on man's terms. Now really, how absurd is that!
I prefer the idea of theology that works to understand God on His terms, the Bible being the clear revelation to man of God's nature.
So I guess I am outside of your category of religious people.
sschu
If what you say is true and correct, why is HE(she?) standing idle while all of our constitution is being destroyed by all our G-D fearing leaders?
Something is not ringing out here my man! Milestones
You are correct, why does God let injustice like this go on?
There were people who said the same around slavery, the holocaust, Pol Pot, Stalin, Mao, Amin, etc. It is said today about much of the human condition.
We have free will, God has sovereignty, they somehow fit together, but this is one of the great mysteries of his nature.
He is patient, but history has shown he will not wait around forever for humanity to live by his Word. The slavery issue was one that is most clear to us, Lincoln, among others got the message and said it publically. It is posted in the Lincoln memorial, carved in granite.
sschu
apologist
I always find it an interesting dichotomy when a non-believer is critical of God for not acting in a manner that non-believer thinks is appropriate. There is only one unforgiveable sin ....
Open your mind, it really is pretty easy to see if you give it a chance!
sschu
Mile, folks have been wrestling with that and similar questions since the advent of Christianity. Why, indeed, would a good and loving God allow such evil, depravity and suffering in the world? I don't know - and neither does anyone else. The problem comes about because our concept of God is too small. God saw all that could possibly happen in His creation before it ever was and made provision for every event to somehow work towards His eventual goal. How it all works is beyond the limits of man's understanding. God could give you an answer, but you couldn't grasp it fully (I mean no disrespect for you: this would be true for everyone, myself included). That's what faith is - it's the allowance that somebody's steering this thing and he seems to be driving to my liking most of the time, so I'll settle back and be prepared to play any part required of me by the driver.
Even the age of kali yuga MUST PASS!
Brother, I know where you're coming from. The South is in my blood and I enjoy passing along bits of history.
The forceful retention of the South elevated the power and importance of the Federal government, which was a necessary step in the long march to the end of times. Look at the influence the US has had since then worldwide. Look at how things are shaking out now. God has the distinct advantage of seeing all and controlling all. He uses everything for the furtherance of His will.
One question for both of you guys...
If there were no such thing as slavery, would the south have seceded?
The advent of mechanization would have brought an end to slavery anyway.
The War came about over the division of the tariff pie. The Southern states brought in 70% of the national profit - but the taxes levied by the Federal government were spent 3:1 in the Northern states.
Read the sample chapter from this work:
http://www.ashevilletribune.com/un-civil/uncivil-war.html
Slaves were actually treated far better than you have been led to believe. After all, what tradesman worth the name would abuse and neglect his tools? Slaves were fed well, given housing and firewood, clothed appropriately, given free medical care (the larger plantations had doctors on site).
Lincoln was also the first president to to suspend the "writ of habeus corpus". In his words- General Scott could "arrest and detain without resort to due process and forms of law, such individuals as he might deem dangerous to the public safety"
Sound familiar? History always repeats itself
necessity is the law of invention - had if not been for our, 'mother's land moral-necessity', this country's offspring's would have been aborted - thus the almighty british would have picked and chosen from the waste who was to be shackled and to whom would be master -- whereas, the constitution in all its glory would be locked-up in a dungeon cell as a 'rebellious creed of freedom' never to be seen, or spoken of - for fear of 'hoisting-with-ones-own-petard', fomenting anarchy upon the Monarchical Crown's, absolute feudalism!
Summary: Lincoln was, "Caught between the Horns of a Dilemma" - "Between a Rock and a hard Place" - fighting a Pyrrhic Victory within the faithless grasp of a "Scylla and Charybdis" --- classical Iliad was he doing what he had done!
jmo
AZZ: Article 1 section 9 reads thus
The privilege of the Writ of Habeus Corpus shall not be suspended, unless when in Cases of Rebellion or Invasion the public Safety may require it.
So there are two things I wish to point out regarding Lincoln's suspension of Habeus Corpus, one is that the writ is a PRIVILEGE as opposed to a right, and second that at the time there WAS a rebellion or invasion requiring it.
But they did get to front run you with the hot money from the CB's.
If your so called god has the power to stop all of it right now and make everything good, what's stopping him? Oh right free will, gotta allow evil since we can't force people to do anything. Except for believing he exists or else...
To see this ridiculous superstition get more up than down votes is as sad as our current economic situation.
I have a great idea, if they want a xtian theocracy or the claim that this is a christian nation then let the fucking christians pay the taxes!
In the western world we have over 60 trillion in bank debt being used as "collateral" for over 700 trillion in derivative "bets". Not sustainable. Who knows about the asian world (where people have been conditioned to accept lies, cheat and steal for many years now- it is getting caught that is dishonorable).
A jubilee would be considerbly less destructive than WWIII, but then again none of this has ever been about "money".
It has always been about power and control. Asians are easy to control, and this may be the only reason why TPTB would ever consider allowing the yaun (which is already being printed into oblivion) to become a reserve currency. China and the U.S. elite have been on the same page for a long time. Wake the fuck up everyone!
Quoting Napoleon? The fool who turned the Rothschilds loose on humanity?
Napoleon generally despised bankers. Are you saying he lost at Waterloo on purpose so that the Rothschilds could lie and say that he won, crashing the British market briefly upon Wellingtons "defeat", and so "corner" the British market in toto? You're not exactly wrong, Im just not sure you know why youre right.
Please do enlighten us.
would this article about Rothschild cornering the market enlighten you?
Or this article about why he needed to corner it?
I'm saying that Napoleon was probably the first Christian Zionist and a complete and utter dupe who evidently didn't have a clue about the Rothschild's supremacist intentions. He apparently did figure out that the Rothschilds were behind the French Revolution, which eventually brought him to power, and considering his seemingly inexplicable infatuation with jews and a jewsih state, it should be obvious that the Rothschilds continued to fund him right up until Waterloo which as you know propelled the Rothschilds to the economic takeover of France and Britain, and now The New World Order!
Read this and draw your own conclusions: http://www.napoleon-series.org/ins/weider/c_jews.html
Light the fuse, Bitchez.
Where's the ERSI? Where's the bald man with the funny name? Where's ther ERSI? Where's the ERSI?
"Treasuries are the needle on the speedometer and if there is one clear indication of very serious trouble ahead you can read it there."
Anyone look at the 30 year now v. Lehman?
Jubilee!
If there is one thing you can count on, it's that short of a peasant revolution there will never, ever be a debt jubilee. Such a thing would require the rich and powerful to voluntarily surrender their "assets", which are the nominal debts held by the peasants or guarenteed by the peasants through taxpayer obligations. Look at Obama's proposal for student debt reform. Is he reducing principal, i.e. a Jubilee? No, he is not. His solution is to lower interest rates a little bit, which is the exact opposite of a jubliee because it will allow the student loan principal balances to continue to expand.
Might still need a burning bush and the hand of god writing commandments in stone tablets to get 'Jubilee' to play to that London and Basel crowd.
Or just maybe a golden mad-cow will do it?
Good article, Mark! Thanks! And, thanks, Tyler, for printing it!
"their strength lies in vagueness" has always been their backstop...whether this will continue to rule or whether the "fat lady's song" overthrows remains to be seen.
if the fat lady is clearing her throat, what is she about to put in it??
It's what comes out of the mouth that counts, not what goes in.
Not sure a quote from St Paul is relevant here.
Cok.
Bravo. Let's cut the crap.
Their eloquence should be opposed by a serious and logical argument; their strength lies in vagueness; they should be brought back to the reality of facts; practical arguments destroy them - Bonaparte
And then there was ZeroHedge...
I often wonder how long it will be before everyone must be "approved" to access the internet. Can't be too long now.
Watch those treasuries. If they're going to stick-save this with one more can kick treasuries will tell you it's happening.
Other than a can kick we have a myriad of paths ahead of us, from the a little worse than normal recession to the tattering of society scenario. There are lots of in between paths with varying degrees of hardship and loss of liberty. Do what you can to move things onto the less bad paths. Real people with real lives are at stake.
Stay Puff Marsh"not mellow" Man Time!
Fond memories of camp Lokanda!
We're about to see what happens when we cross the streams. It will be bad. Total protonic reversal.
Who is John Galt? Where is he now that he is needed.
The masses will always believe the BS fed to them by phony politicians rather than the cold hard facts. So much easier that way until the bubble bursts.
" In America we are also suffering from a hoax; just one of a different variation"
enough said!
And the band played on...
Let's rearrange the deck chairs on the Titanic. That should fix everything.
Thanks Merkel for killing the hopes for a Monday Eurobond hopium rally. So default back to guaranteed deposit rumors is my guess? Or try to play up ESM ratification.
Nice article, Mark - thanks for giving us some Sunday morning reading material, it's dead around here after 2 am Saturday night.
Now the theater goers are shouting "wolf", "European werewolf", "werewolves in London", "werewolves in Brussels", "werewolves in Paris", "werewolves in Athens", "werewolves in Madrid", "werewolves in Rome", "werewolves in Berlin". And coming soon to a theater near you: "American werewolf".
Warren Zevon says Hi.
http://www.youtube.com/watch?v=iDpYBT0XyvA
http://www.youtube.com/watch?v=WhRRWwH3Fro
Three years ago when I first started announcing to family and friends the end is near and it's time to prepare, mostly got look-away smirks and a pat on the back. Now it's different, mostly getting asked questions and they want to hear what's the latest. ZeroHedge has been the go to source and am much obliged for their service. Hope all are prepared as possible.
Prepared? That is a foreign concept to most. Even those who have are probably ill prepared for what is to come. Even ZHers.
the problem with massive Sovereign interest rate spread (within a currency Union no less-ABSOLUTELY unsustainable) is that it diverts all of the productive resources of an economy towards the far simpler task of "loan sharking." Since Greece has an explicit bailout from not only Germany but Europe as a whole "not solving that problem creates all sorts of loan sharking opportunity elsewhere." It would appear "that opportunity is now Spain and Italy." Unless and until that euro is kaput then the solvency of the various States will be made to be kaput. It's that simple. You don't want to own ANYTHING denominated in euros...least of all amazingly "the default insurance." Gold, greenbacks, oil...and the means to deliver that oil...are what is "running" the so called European economy now. The irony of course is that unlike the last two times this happened in Europe "New York is not a beneficiary." In fact they appear to be "going down with the ship" on this one. Far from very "New Yorker" in my view. Hm. Go figure. Didn't see that coming.
Fuck New York. Of all the bullshit illegal and harmful activity going on in that city and state, they are going to make new laws on soda pop. That speaks volumes right there. Yet another high water mark on the level of cognative dissonance those morons can perpetuate. It would be comical if it wasn't so sad.
On the surface, sure, this seems anti-capitalist, etc, but remember that sugar soda and the poisonous effects of HFCS are a result of federal corn subsidies. So really, this is a states' rights vs federal issue.
Plus, Americans are such disgusting fatasses I have to fly abroad just for some non-fat chicks.
http://www.singledudetravel.com/2011/07/fat-people-the-aids-of-america/