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Guest Post: Federal Reserve Policy Mixed With Extreme Weather Has Put The World On A Fast Track To Revolution And War
From David DeGraw of AmpedStatus
Federal Reserve Policy Mixed With Extreme Weather Has Put The World On A Fast Track To Revolution And War.
There are many factors that clearly demonstrate why it would be disastrous for the Federal Reserve to repeat their vicious Quantitative Easing (QE) policy. If you want to know a significant reason why they cannot get away with another round of QE, here is an equation for you:
(Quantitative Easing + Extreme Weather = Revolution + World War III)
From the very beginning we knew that the Federal Reserve’s QE program was going to cause the cost of food to rise and the dollar to decline in value, and that these intended results would lead to an increase in poverty and civil unrest. Now there is a new study that gives us some more proof of this obvious fact:
Are food prices approaching a violent tipping point?
A provocative new study suggests the timing of the Arab uprisings is linked to global food price spikes, and that prices will soon permanently be above the level which sparks conflicts….
… there is a specific food price level above which riots and unrest become far more likely. That figure is 210 on the UN FAO’s price index: the index is currently at 234, due to the most recent spike in prices which started in the middle of 2010 [coinciding with QE2].
Lastly, the researchers argue that current underlying food price trends – excluding the spikes – mean the index will be permanently over the 210 threshold within a year or two. The paper concludes: “The current [food price] problem transcends the specific national political crises to represent a global concern about vulnerable populations and social order.” Big trouble, in other words….
The next part of the study identifies that the serious unrest in North Africa and the Middle East also correlates very closely with [the QE2] food price spike. Bar-Yam also notes: “Several of the initial riots in North Africa were identified in news stories as food riots.” From there, the researchers make their prediction of permanently passing the 210 threshold in 12-24 months. [read full report]
In other words, if the Fed engages in another round of QE, the global unrest that they have already ignited will go hyperbolic.
Before getting into the details on how the Fed deliberately made these food prices spike, let’s look at another new study, which also helps demonstrate the obvious, extreme weather is linked to war:
Climate cycles linked to civil war, analysis shows
Changes in the global climate that cut food production triggered one-fifth of civil conflicts between 1950 and 2004
Cyclical climatic changes double the risk of civil wars, with analysis showing that 50 of 250 conflicts between 1950 and 2004 were triggered by the El Niño cycle, according to scientists.
Researchers connected the climate phenomenon known as El Niño, which brings hot and dry conditions to tropical nations and cuts food production, to outbreaks of violence in countries from southern Sudan to Indonesia and Peru.
Solomon Hsiang, who led the research at Columbia University, New York, said: “We can speculate that a long-ago Egyptian dynasty was overthrown during a drought. This study shows a systematic pattern of global climate affecting conflict right now. We are still dependent on climate to a very large extent.”…
Mark Cane, a member of the team, said global warming would have greater climatic impacts than El Niño, making it “hard to imagine” it would not provoke conflicts. [read full report]
Put all these factors together and you have, “The Road Through 2012: Revolution [and/or] World War III.”
In summation, Ben Bernanke and the Fed’s economic central planners were clearly aware of the hostile climate and weather patterns when they engaged in QE2. The Fed’s infamous policy, as I said before, “deliberately threw gasoline all over those brush fires. QE2 was another economic napalm bomb from the global banking cartel.” They knew that they were deliberately attacking (sacrificing) tens of millions of people, but that was secondary to keeping their global Ponzi scheme going by pumping another $2.1 trillion into their fraudulent, insolvent banking system through both QE programs. This is why Ben Bernanke is guilty of crimes against humanity.
Now, let’s revisit what I’ve been reporting on for the past year:
I: Centrally Planned Economic Repression
The IMF has a well-worn strategy that they use to conquer national economies. As I warned four months ago, we have now progressed into Step 3.5: World Wide IMF Riots. Back in October, in a TV interview with Max Keiser, we discussed leaked World Bank documents that revealed the IMF’s strategy. I stated the following:
“They have a four-step strategy for destroying national economies…. We are about to enter what they would call Step Three. Step Three is when you’ve looted the economy and now food and basic necessities all of a sudden become more expensive, harder to get to. And then, Step 3.5 is when you get the riots. We are fastly approaching that….
We are headed to, as the IMF said, and as they plan, Step 3.5: IMF Riots. That’s what’s coming…”
Fast-forward four months to today, and now we see country after country rebelling against high food prices. Since our October interview, food prices have spiked 15%. According to new World Bank data, since June 2010, “Rising food have pushed about 44 million people into poverty in developing countries.”
As Federal Reserve Chairman Ben Bernanke announced another round of Quantitative Easing (QE2), those of us paying attention knew that the trigger had been pulled and Step Three had been executed. It was a declaration of economic war, an economic death sentence for tens of millions of people – deliberately devaluing the dollar and sparking inflation in commodities/basic necessities. It was a vicious policy that would impact people from Boston to Cairo.
When QE2 was announced, I warned: “Food and Gas Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global bankers, which will cause significant harm to the people of the United States and severe ramifications throughout the world…. The Federal Reserve’s actions are already causing the price of food and gas to increase and will cause hyperinflation on most basic necessities.”
To be clear, there are several significant factors contributing to rising food prices, such as extreme weather conditions, biofuel production and Wall Street speculation; but the Federal Reserve’s policies deliberately threw gasoline all over those brush fires. QE2 was another economic napalm bomb from the global banking cartel.
In a recent McClathy news article entitled, “Egypt’s unrest may have roots in food prices, US Fed policy,” Kevin Hall reports:
“‘The truth of the matter is that when the Federal Reserve moved on the quantitative easing, it did export inflation to a lot of these emerging markets…. There’s no doubt that one of the side effects of the weak dollar and quantitative easing has been rising commodity prices. It helped create this bullish environment for commodities. This is a very delicate balancing act.’
It’s a view shared by Ed Yardeni, a veteran financial market analyst, who reached a similar conclusion in a research note to investors…. He joked that Fed Chairman Ben Bernanke should be added to a list of revolutionaries, since his quantitative easing policy, unveiled last year in Wyoming, has provoked unrest and change in the developing world.
‘Since he first indicated his support for such a revolutionary monetary change… the prices of corn, soybeans and wheat have risen 53 percent, 37 percent and 24.4 percent through Friday’s close,’ Yardeni noted. ‘The price of crude oil rose 19.8 percent over this period from $75.17 to $90.09 this (Monday) morning. Soaring food and fuel prices are compounding anger attributable to widespread unemployment in the countries currently experiencing riots.’”
The people throughout the Middle East and Northern Africa, on the fringe of the Neo-Liberal economic empire and most vulnerable to the Fed’s inflationary policies, are the first to rebel. [read full report]
The conclusion that we reach, the unfortunate reality of our current crisis: the Federal Reserve and global economic central planners have declared war on us. We are under attack.
We must remove Ben Bernanke from power and hold him and the rest of the global banking cartel accountable. We must also break up the “too big to fail” banks. This a message I, along with many others who have analyzed our economic situation, have been repeating over and over for the past three years.
Hopefully, a critical mass of people will soon understand this reality and back it up with non-violent civil disobedience before riots and violence rip our society apart. For these reasons, let’s all go to Wall Street on September 17th and show these tyrants that we’ve had enough.
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Yikes! Probably not-so-distant future too.
Anyone remember the Italian pasta riots from not so long ago?
Vivek
Tyler will buy into any;thing.
<<< Plan to attend.
<<< Do not plan to attend.
Hopefully, a critical mass of people will soon understand this reality and back it up with non-violent civil disobedience before riots and violence rip our society apart. For these reasons, let’s all go to Wall Street on September 17th and show these tyrants that we’ve had enough.
Pardon my cynicism, but I don't see the oligarchs just stepping aside. I'm unable to envision this ending peacefully and without bloodshed. Once we reach the stage of violence, the oligarchy will use it as an excuse to strip us of more freedoms and tighten their grip. I hope I'm just being a pessimist, but I feel I'm being logical. I see no happy endings and believe we're well past the tipping point.
Anyway, I'd be curious to take a poll of ZHers who seriously plan to attend on 9/17.
Don't waste your time joining a begging line on Wall Street. March on your State Capitol and demand secession ... NOW!
Or, we can just walk away from it, thereby exhuasting the beast/leech.
http://www.texasnationalist.com/
<<< Plan to attend.
<<< Do not plan to attend.
Idiot Savant
Hopefully, a critical mass of people will soon understand this reality and back it up with non-violent civil disobedience before riots and violence rip our society apart. For these reasons, let’s all go to Wall Street on September 17th and show these tyrants that we’ve had enough.
Pardon my cynicism, but I don't see the oligarchs just stepping aside. I'm unable to envision this ending peacefully and without bloodshed. Once we reach the stage of violence, the oligarchy will use it as an excuse to strip us of more freedoms and tighten their grip. I hope I'm just being a pessimist, but I feel I'm being logical. I see no happy endings and believe we're well past the tipping point.
Anyway, I'd be curious to take a poll of ZHers who seriously plan to attend on 9/17.
**************************************************************************************************************
Bro! I am NOT Against YOU! or Anyone who is willing to go and camp on Wall Street! I HONESTLY hope that things change becuase You go there and set up tents. I PRAY! that tents and camping are the answers for America!
But Bro.. I have shown You Video's of what the New York Piggies are going to do to You and the Inocent, Good Natured People that go with you.
You are putting people in harms way.. AND!! these People will have no way to protect themselves.
Please Becareful! Please Think About the Safety of the other People that You are putting in Harms Way?!?!?
and after the New York Piggies bash your skulls in.. and beat you with night sticks and taze you and fuck you and those nice people up..
I will recomend some 7.62 / .308 Winchester ammo and a nice semi automatic + Shotgun for you to use the next time you want to go back!
The Banksters dont care how many nights you sleep in the street.. they dont care how much you cry as the police beat you.. they only care when you put a gun to their head and then it is to fucking late for them to care.. or give them another chance.. to fuck your children over!
all this camping and marching does nothing but take energy away from people who should be fighting!
@JWnFL Palm Beach, FL / Spanish Cay
Corporations Own the Lobby!
The Lobby Owns the Government!
Law Enforcement works for the Duly Elected Lobby Whores!
We the People = Screwed!
https://twitter.com/#!/JWnFL
Vote with Bullets!
www.politico.com/news/stories/0409/20871.html - CachedSimilar You +1'd this publicly. UndoInside Obama's bank CEOs meeting - Eamon Javers - POLITICO.com
Apr 3, 2009 – My administration is the only thing between you and the pitchforks...” ... who is standing between WE THE PEOPLE and your administration? ...
?
Obama to Bankers: I'm Standing 'Between You and the Pitchforks ...
blogs.abcnews.com/thenote/2009/04/obama-to-banker.html - CachedSimilar You +1'd this publicly. Undo
Apr 3, 2009 – "My administration is the only thing between you and the pitchforks," the ... Thanks, Mr. President for standing for the American people. Bamster ...
Just wait til all that inflation helicopter ben exported comes home to roost in the US. That will be one helluva shitstorm. They will have to print foodstamps in increasing denominations just to keep the sheeple from rioting.
"Non-violent civil disobedience?" What will that accomplish?
Those who say that violence never settles anything don't know crap about history. Most of the great historical questions have been settled by violence or at least by the threat thereof.
Brute force is all these tyrants understand. The great John C. Calhoun got it right when he told us that "only power can check power."
If one thinks violence never solves anything, one obviously isn't using enough of it.
Everyone knows we won WW2 with kind words and big group hug.
No, the US didn't "win" WW2.
And given that it produced more entrenched corporate power I'd have to say that, in the long-run, it actually lost... NOTE: BAD systems fail; Hitler would have failed w/o US intervention; the US primarily got involved in order to protect its markets.
We're programmed to believe that there are only two options: 1) Change through non-violent action; 2) Change through violent action. In both cases it's pretty much a changing of the guard rather than the fundamental nature of things. I suggest that there's a third way, and that's to walk away; as a matter of fact, I believe that this represents the greatest threat to TPTB: this is demonstrated through the meticulous programming that TPTB undertake to discredit anarchists (no, anarchists aren't about destruction, throwing bricks through windows!); EVERY govt targets anarchists, most tolerate non-violent action, and ALL enjoy increased control through confronting violent actions against it.
Yeah, I'd like to see TPTB shit its collective pants when mobs of pitch-fork wielding people visit them, but I believe that this only perpetuates the mentality of violence, that it pretty much guarantees that change will be solidified through sanctioned threat of violence: American Revolution produced the most violent nation, the US; the Russian Revolution produced Stalin.
"If it be admitted that a man, possessing absolute power, may misuse that power by wronging his adversaries, why should a majority not be liable to the same reproach? Men are not apt to change their characters by agglomeration; nor does their patience in the presence of obstacles increase with the consciousness of their strength. And for these reasons I can never willingly invest any number of my fellow creatures with that unlimited authority which I should refuse to any one of them."
- Alexis Charles Henri Maurice Clerel de Tocqueville, "Democracy in America"
"Non-violent" civil whitie accidentally runs into angry black disobedience in south central and gets face beat in.
oohhh LA its a revolution. oohh how terrible. Can I have another mocha frapachino?
USA urban whitie - complete pussies. Their bottle blonde skank middle aged wives beat the crap of them.
As much as I hate the mainstream propaganda machine, I'm going to call Zerohedge out. I'll give you that your blog gives me a starting point on where to search for truth because the US media is in DC's and Wall Street's back pocket.
At the same time, your blog consistently gains readership by printing pessismism and pandering to a bunch of fear, doom, and gloom addicts. With headlines like these, your blog is about as cancerous as CNBC and FoxNews on American society. Any 4 year old can sell doom and gloom but it take an adult to offer solutions to today's pivotal issues. It would take courage and maturity to print a piece that inspired your readers to act on a solution to today's issues versus consistently searching every crack and crevice for the next Apocylypse.
"Federal Reserve Policy Mixed with Extreme Weather has Put the World on a Fast Track to Revolution and War."
"Oh my GAAAWD Revolutiion and War!!! Holy Shit, Zerohedge save me with your cycnicism and insightful saracasm!" There you got the reaction you were looking for.
Oh, btw, remember your peice a couple years back on FEMA camps and government checkpoints as a result of the Bird Flu? I do. Perfect example of your consistent attempt to peddle doom and gloom to gain readership. I'm still waiting with for those card checks your blog was so sure would happen in the next few months back then.
I know the junks are on the way...but I'll leave with this. Do future generations in the US (yeah your kids, nephews, and nieces) benefit from a circle jerk of comments on a blog that consistenly peddles nothing but doom and gloom in hopes of getting you addicted to rely on it for "factual" news?
"The intelligence community believes in catering and selling half-truths on opposing sides of the fence in an effort to create fear and chaos. Once we succeed, we can go in undetected and implement a strategy. Mind you, a strategy, not based on impulse, but years of planning subsequent moves based on every possible reaction from our targets. And that is how you fuck a herd." R.J. Trevel 1986
+1 for the balls to post an opposing viewpoint. I wish there was more constructive debate and less groupthink in this forum. You must remember that this is a for-profit blog and gloom and doom sells. However, this site posts a lot of invaluable information mixed amongst the gloom and doom. Take it with a grain of salt and disregard the posts that you feel are sensational. Thanks for the Trevel quote.
You won't get many junks for that I suspect.
Most here are not actually doomers or pessimists, they do however reasonably expect the worst, and most have had more than enough pop-corn. And much of what has been predicted by so many is indeed occurring, at its own pace.
"My mind is in a constant state of rebellion" - George H Mallory (first to find the route to the summit of Mt Everest, where he died, very close to the top in 1924, with a broken leg)
This quote typifies what many here, especially anyone paying attention, feels. Others have a rather "furtive mind".
--
Furtive: Done or acting in a stealthy manner, as if to hinder observation; surreptitious; stealthy; sneaky
Origin: Fr furtif < L furtivus, stolen, hidden < furtum, theft < fur, a thief < IE *bh?r- (> Gr ph?r) < base *bher-, to bear: hence, orig., one who carries off
--
i.e. If all this factual shite presented at zh daily does not trip one into a state of constant mental revolt/rejection and furtiveness of inner state, then they are not awake, and not facing such facts.
Tyler and all the rest are simply putting it into verbage with a plethora of fact, as they see fit.
I wouldn't call pointing this out, 'Doomer-ism'.
As that really would be a cheap shot, and worthy of many, many ... maaaannnnyyyy junks.
--
BTW, that's a very fetching bra +1
if we consider that on the Twisted Fuk Scale of 1-10, tyler durden is, even on his best days, an 8-sigma badass mofo, and that before he gets completely lit up, i really don't see your point
i am not tyler durden
and neither are you
Thank u slewie for ceasing the respect for that morons comment.
ZH is very pertinent at the moment because doom and gloom is the order of the day and will be for many years ahead.
These are once once in a generation times where we need all the help we can get and I, for one, have found ZH excellent help. I don't let it guide all my decisions and I've not bought any gold since it was about 1500 since I'm cagey just now...
When the good times return, as they might...... ZH will have to move with he times and get cheery. But for now it's bang on.
Yo slew , gonna spark one up for ya right now.....
But the cup checks by the TSA, you must love those.
You must be an idiot to not understand what is happening to the financial system. Don't you know that finance is based on the lie that fiat currencie has value? How could you not, when the word fiat is defined as 'Without value'. So what, you want people to blindfold themselves and run around? You want the circle jerk, not us.
Chalk this up as one of the worst posts ever. You try to engage by saying not to get you wrong, but then you are slanderous and not truthful. Zero Hedge reports real news. ZH put up hard facts about finance, and live feeds of the speeches by the power hungry. ZH may be critical, but such is a breath of fresh air during a fire storm. It lets you know your lungs are still working, however damaged.
Oh and you sound like you want junks, so I didn't.
Zero Hedge reports real news. ZH put up hard facts about finance, and live feeds of the speeches by the power hungry.
Yes, but ZH also posts countless POS posts from Phoenix Capital, Sovereign Man, et al. For the most part ZH posts solid stuff, but it's BS to say that all posts are hard facts.
I don't read those articles. Igorance is sometimes bliss.
Don't you know that finance is based on the lie that fiat currencie has value?
More correctly put, an economy is based on the lie that something other than the actual necessities or material desires of life has value. Thus the need for a means of exchange. Fiat might have a shorter track record, but it has as much inherent value as gold. Both are faith-based means of exchange between a producer and a consumer. What your statement is really saying is that you are far more comfortable with the oft told lie. It's still a lie. Since 100% barter is unwieldy in a seven billion person world, it is a convenient lie.
Well said, the core of all this 'economy' and GDP horseshit is the constant desire to pretend that you're much more wealthy than you actually are.
So who's fault is it when it turns out you aren't ... or else you are ... but are are too fucked-up culturally with misconceptions and propaganda plus petty politics and 'economic' vomit to even realise this, and freely utilize and mobilize such REAL wealth and capital?
'Money' (fiat or gold) is like sincereity, if you can fake it, you've got it made.
I agree. Economics is a lie. But gold has value. It is a finite resource, and it last forever. Fiat is a currencie, not monie. Gold is monie, because it keeps its value. It stores wealth. Fiat does not.
Paper currencie can work IF and only IF it is backed by gold settlement. There is no faith in this measurement, only fact.
I do not advocate an island economy, but all trade is is barter. Barter with gold or goats, or fiat after it is wrecked by inflation, and see who gets what they ask for.
Zero Hedge reports real news. ZH put up hard facts about finance, and live feeds of the speeches by the power hungry.
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Made me laugh. US citizens wishing for something to be a fact does not make it a fact.
US citizens have this gift, it must be genetics or something, to offuscate the past.
It takes that to write such sentences two days, three days after this site published the socalled Krugmann's article on the non enough disastrous earthquake.
This site is US citizenish. It does not provide with facts, it does not sticl to reality
This site tries and succeed in monetizing part of the discontement of fringe US citizens. It feeds them with what they expect. And as they are US citizens, it is not facts. Only propaganda.
I note that you offered zero solutions in your negative rant. Child.
There is only one real solution i-dog.
Non-participation.
Taking one's foot off the gas pedal is a great way to start. Stay back, sit down. In fact, learn that it is okay to lose once in a while.
To paraphrase someone from yesterday, if you don't know how to lose, you can never learn how to win.
Vivek
http://aadivaahan.wordpress.com/2011/08/24/precursor-03-bottom-falling-out-still-still-and-a-gander/
I agree, ORI. But this non-participation can take two forms:
1. Withdrawal of personal consent by, as you say, "sitting down". Don't pay taxes, don't use TBTF banks, don't buy stocks in the rigged casino, use barter within local groups, etc, etc; and,
2. Withdrawal of collective consent by Sovereign States through secession from the illegal and unconstitutional globalist Unions (United States, European Union, African Union, etc).
Some may only wish to partake of (1) above. Others may only wish to be activists for (2) above. But one should at least try one of them!
The latter is a tough one i-dog. Too many vested interests. Too many. And puppets in places of power to boot.
I think, no, strongly feel that it has to start at the level of the individual. No-thing else is under our control.
Vivek
Sheepherder,
As your handle suggests you sure know sheep when you read their comments. Anyway, thanks for drawing a line----maybe more will come forth as respectfully as you have. Health begins with diversity and more health with more diversity.
Oh, yeah----someone will want to know where I found this ---well, not on the web---by living in in the neo-tropical cloud forest for 15 years---mega-diverse hot spot with all the diseases, but with all their predators as well. Diversity increases health of any community om
The "doom and gloom report" gets to be a bit much at times. But now and again ZH gets it right....way right.
The fact is that for the last 110 years or so there has been no major "revolutionary"movement in the US. The riots about Viet Nam and other issues were about as close as we have come to large scale social unrest since the civil war. Even during the depression people did not rebel.
I also agree with the comments about Anonymous, give me a break. Either you/we have some push or not. Endless calls to attend an endless number of "actions" that do not happen is not a help, it is pathetic. But someone has a cool video shop for sure..
I do not fault anyone for attempting mass action and change at this point. But, a slower better thought out approach might work a bit better than just throwing up "cool videos." We called it "organizing" for a reason.
I get that ZH is above all a place of free speech. At the same time, the occasional anti-Semitic and race baiting that occurs is troubling. The voices should not be silenced...they need to be challenged. the fact is that King and Gandhi got the kind of results that some on here can only wish for. Eat your hearts out you racist bitchez!
We can accomplish more together than divided into "tribes."
Fair and balanced - that's what we need. For every "negative" story, one about Skittle shitting unicorns. This. Is. Sparta.
Dude you are so dishonest. The political class is a parasite that will kill the host and your wishful thinking won't stop it.
Go ahead and don't prepare. Your DNA is not needed in the future. It seem to produce idiots.
"Any 4 year old can sell doom and gloom but it take an adult to offer solutions to today's pivotal issues."
Yeah but I LIKE the doom and gloom without anyone trying to sell me a solution for it.
If a solution is readily presented it will be indistinguishable form advertising.
Wait till you see what I've got! It's the Wonder Boner!
http://www.youtube.com/watch?v=eQ79pCJBcJ8
Sigh, someone else programmed to believe in ONLY positive feedback loops.
It depends on the definition of negative or "doom." I actually hold a complete view of the very things that you claim are negative, asserting that the things that you and the status quo believe are positive are actually negative!
If you can show me that the prevailing/driving paradigm isn't that of perpetual growth then I'll be interested in hearing what you have to say. Through many years of research I have yet to find anything/anyone that can demonstrate that this leads to anything other than demise, and unless you're an nihilist, I'm not thinking that this is "positive."
I, and I'm sure that there are plenty other here as well, am a realist. Viewing things as only positive/negative or black/white allows you to be manipulated by those not wanting you to be able to think for yourself (lest you rebel against those very same people, the people who rule over you).
If you're positive you can join Buffett and put your money (and your kids' future) in BOA. I, however, being the "doomer" that I am will opt to short it (well, I don't look to profit off the misery of others, instead, I'll opt to NOT give the junkie any more heroin). For more on BOA: http://www.businessinsider.com/the-truth-about-bank-of-america-2011-8
“The most significant characteristic of modern civilization is the sacrifice of the future for the present, and all the power of science has been prostituted to this purpose.”
- William James
May your genetic offspring reap the "rewards" of the seeds which you sow...
http://tinyurl.com/3fkm3em
The Bible on food and the weather ........ need I say more
Revolution? Bitchez please. We are a group of bickering, plump frogs steeping in an orchestrated bath. "What's that new smell? Cilantro? Excellent - turn up the heat and hand me the remote"
Revolution my ass.
Because if they really wanted to 'fix' what was wrong, they should have destroyed the fraud, via Glass-Steagall. Then engage in uttering credit for wealth creating programs.
We've only had about 43 years of net negative (or collapsing) physical economy. It's not like there aren't plenty of wealth creation to be had via the right projects. Projects where private business can hook into and profit by actually fulfilling needs.
Of course Ben has committed crimes against humanity, as well as anyone that continues this coverup or continues to bend rules to keep it going and salvage all that they sacrificed to keep it going. Now a reason to keep the ponzi going, is to not lose the money we threw down a fucking black hole.
Remember, the corn we use for ethanol (in 1 year) could feed 500 million people, for a year, for all their meals. So the scam is so big, on so many levels it's insane.
Because Southwest hedging jet fuel, is not the same as Goldman Sachs holding 15x that amount of derivatives contracts just on that fuel. (and when you consider Southwest had about 10x or so more than everybody else, and just threw them out and considered all the other airlines doing what they did, Goldman Sachs was 150x the influence of an entity that actually USES fuel.
Commodity by Commodity, flush with your bailout dollars that itself is causing the price to go up. Lack of investment, increases the damage done by weather, and of course raising the limit up on corn, doesn't help. Nor the reopening (during this hyperinflationary time) the Japanese rice futures.
They say, don't engage in class warfare to the plebs, in order to quell anything done to them! But they have already been engaged in class warfare for decades, let alone the last few years where it was taken to another level. Or maybe they're right, it's not class warfare because the other side isn't fighting back....it's class slaughter. Class warfare would be a STEP UP!
43 years of declines of our real physical economy....and idiots want to cut to pay off fraud instead of deal with that fact. (or print, or tax...to pay off fraud).
Glass-Steagall
"43 years of declines of our real physical economy"
You're mixing metaphors(?).
The "physical" is the REAL, natural world. The "economy" is but an attempt (a pretty sad one at that) of measuring the consumption of the physical world. And since the physical world is finite, it should be no surprise that it's been in decline* since humans started mining** it.
* "Decline" as in measurably, extractable resources: matter cannot be created or destroyed, but it can become altered such that it is rendered (for all intents and purposes) further unusable by current or future humans.
** Extracting resources w/o putting back, exhaustible resources.
Break up the banks. That will require removing every politician from office who takes money from them.
Do The Math w/ slewie:
(Quantitative Easing + Extreme Weather = Revolution + World War III)
extreme weather = revolution + WWIII - QE
revolution = extreme weather - WWIII + QE
WWIII = extreme waether - revolution + QE
QE = WWIII - extreme weather + revolution
class dismissed, BiCheZ!
Germany Fail ='s Contagion ='s speeded up WW3 and QE3 combined to = long stroking the american public in the ass some more, by the U.S. Lobby Whore Government!
I seem to remember when Germans weren't whipped little girls.
Maybe it was a dream.
There's that place in Berlin (don't remember the name anymore) where the German girls whip you for shits and giggles. Like watching the action in the Monkey Bar outside Subic in the good olde days.
Never got to Berlin.
Did share a pitcher of mojo with a monkey in a bar up in the barrio. He was cool.
You would have liked Salon Kitty
Strangelove:
Well, that would not be necessary Mr. President. It could easily be accomplished with a computer. And a computer could be set and programmed to accept factors from youth, health, sexual fertility, intelligence, and a cross section of necessary skills. Of course it would be absolutely vital that our top government and military men be included to foster and impart the required principles of leadership and tradition. Slams down left fist. Right arm rises in stiff Nazi salute. Arrrrr! Restrains right arm with left. Naturally, they would breed prodigiously, eh? There would be much time, and little to do. But ah with the proper breeding techniques and a ratio of say, ten females to each male, I would guess that they could then work their way back to the present gross national product within say, twenty years.
Ripper:
He said war was to important to be left to the Generals. When he said that, fifty years ago, he might have been right. But today, war is too important to be left to politicians. They have neither the time, the training, nor the inclination for strategic thought. I can no longer sit back and allow Communist infiltration, Communist indoctrination, communist subversion, and the international Communist conspiracy to sap and impurify all of our precious bodily fluids.
I see lots of predictions of WWIII these days, but I'm not convinced. What countries would make up the sides? India, China, and Russia against the US and western Europe? It could happen, if things get crazy enough, but it strikes me as unlikely. It seems a lot more likely that we'll see increasing numbers of revolutions and civil wars, which will spread to the more developed world.
Time will tell. In any case, I do expect a lot more bloodshed.
It's WW3%'ers. Time to burn this fucker down, Bitchez.
War! Red war we'll give them! Peachy Carnahan
There's enough of that good old fashioned cross border animosity to give us wars a-plenty. We don't need no inflation driven hunger wars!
South Asia is one LeT attack away from having New Delhi and Islamabad lob nukes at each other.
The South China Sea will be the site of minor shooting "incidents" as smaller countries take exception to China's barely dried "ancient manuscripts" that give the PRC sovereignty over every South China Sea island that sits above oil and gas resources, plus fish. There will also be side squirmishes between lesser lands (eg, Japan vs. South Korea) over the same sorts of things. Like America's Cup in yachting, China will sit out the elimination tournament and take on the winner.
Forgetting Brazil? IBK.ax =BRIC
As Orwell illustrated, war is continuous. Actual combat takes place in impoverished,marginal zones far from the madding crowd.
Don't assume that WWIII is some incarnation of past wars. I see it as being more virtual, resulting in defaults and then more economic isolation. It'll be about a real decoupling from the global economy.
Think about things from the perspective of energy. Neither China or Russia (or Europe [pick a country- highly doubt it would operate as a collective]) would have enough energy to physically take over the US. Wouldn't work the other way either. Too much energy in maintaining supply lines: that's why the "global economy" was formed, to make transfer of goods "voluntary" [US insures this by backing with military threat, threats being much cheaper than actual action].
I don't think anyone believes that a MAD scenario could serve ANY purpose. Fucking up another country and then trying to remove resources from it is pretty messy, just look at Iraq.
I say that the war is happening NOW, and that it's basically fought via words/propaganda. US citizens will be programmed to no longer desire goods from China, or extra oil from Russia (read "reduction in available oil imports from the global pool").
The world will retreat back to a more regional existence. This isn't necessarily the result of anything planned, it's something that was the inevitable result of over-consumption, the end of growth.
Damn Tyler, can you slow down for a second? I didn’t take Evelyn Woods. You’re tossing (not UK English usage) out articles faster than Bernanke can toss (UK English usage) his manna to Wall Street bankers!
The only way I can keep up is to venture, via proxy, outside of the cocoon set up by TPTB here in idyllic (Golden Land), and once outside surf with a minimum of government imposed handicaps. Oddly, the proxy does not accept cookies, so there is no profile for ad.yield manager to use to design a tailored ad package for me. So in the absence of an internet footprint what do they give me? Cramer!
That’s a sick joke.
Now back to the non-proxy to post this.
Can't do it --- there's not enough food in my state to secede -- we'll starve ...... I'm in NJ --- have you seen Christy?
[Hopefully, a critical mass of people will soon understand this reality and back it up with non-violent civil disobedience before riots and violence rip our society apart.]
Well, if you can figure out a way to explain how money, credit, reserve banking, central banks, world reserve currency, interest rates, fiat currency, Ponzi schemes, MBS, Fed Funds window, FX swaps, PMs, PM supression, trade deficits, etc. works in 10 seconds or less to the average person, then we'll get "non-violent civil disobedience."
If not, then riots and violence.
I wish it were otherwise.
It's actually simple, FK, and well under the necessitated 10 second sound-byte:
"Do not buy what you cannot afford."
Apply it to people, governments, corporations, banks..... it works!
do not buy what you can not afford
food?
Soundbites bitchez!
(played repetitively on the lamestream media...oh wait....nevermind...they only play propaganda on a looping feed...no room for real information that might scare the sheeple into opening their eyes)
So....
Revolution bitchez!
http://www.youtube.com/watch?v=WyywBH67eHU&feature=related
My real concern is with the effectiveness of shock absorbers and psychological pressure vents when it comes to mitigating or soothing the growing angst of the people. I find that many talk radio hosts, populist politicians, and tea party leaders are merely established and supported by the crony system they profess to wish to reform. All seem to have been strategically placed to make the public believe somebody is gonna take care of everything...if only the masses will just patiently wait. Thus the Elite confidently plunder. All accomplished under the cover of regulations designed by themselves and implemented to drive any competitior out of the picture.
Meanwhile, the ignorant U.S. citizenry does nothing tangible to address the insanity. Instead, they mutter cliches such as “2012 and he will be out of there!” (implication: all will be restored after that). I think the only chance we have is to just disappear from their little roll call and try in every way possible to deprive the corrupt elite of OUR pound of flesh. Slowly extricate yourselves from the oppressive financial quicksand they have cultivated. Their criminally crafty scheme WILL collapse, and when it does, but only IF we rediscover our capacities as sovereign beings. I just hope "the awakening" happens sooner rather than later.
Yup it's collapsing. I'm "Going Galt" as much as I can. The little guys don't have a clue.
GS +JPM+Citi have operations in 131 countries with 207,000 employees world wide. As per the directions of FED, they jointly operate all the leading world markets.
Economic data / results have Zero value while deciding the course of action in oil, gold, silver, commodities etc.
They topple the world governments / kings etc. and bring chaos, riots, revolutions in any country by financing the rebels / opposition parties.
To the Hague with the Bernank...
charge him with war crimes!
The whole thing is coming down... you know in Terminator, the SHTF on 8/29....???
It seems that the unworthy rich who have made their money by taking it from others or embezzling it through their money creation power are getting more concerned that their days are numbered ...and maybe rightly so.
... and these include people such as the Obamas, Soros, Rockefellers, Bernankes, Buffets, Rothschilds, Blankfein, Paulson and so many unworthy others, who contribute nothing, but expect and take everything.
My guess is that the masses WILL be indiscriminate.
Market crash 'could hit within weeks', warn bankers
http://www.telegraph.co.uk/finance/financialcrisis/8721151/Market-crash-could-hit-within-weeks-warn-bankers.html
Americans will rush if there is sale and argue they were charged more for the goods that was on sale however will not when are being azzz raped by the Govt.
We are living in dangerous...no...extremely dangerous times. Water & food problems will kill globalization dreams. Local food production & consumption is the way forward.
Climate related issues are much more difficult to solve. Eg. a drought in Africa will destroy local crops.
If that happens, starvation & disease will lead to population going down. War will only accelerate the decline in world population.
My guess is by 2025, the population may drop below 5 billion
and by 2050, it will be below 1 billion.
Natures way of balancing things....
Nature, as in people planning all of this, you mean?
Don't confuse wearing a parachute with causing gravity!
The reality is this: those at the top and those at the bottom KNOW that things aren't sustainable, and they know this for the exact reasons that they understand the effects of gravity- it's due to the forces of nature. Those at the top, well, most, though they cannot admit it lest they become one of those on the bottom, understand that we live on a finite planet. Those at the bottom FEEL that we live on a finite planet. And us here, in the middle, well, we really only make up a small percentage (consider that 2/3 of the world's population lives on $3/day or less) of the percentage of the middle: trying to educate this small piece of the population pretty much is a waste of time since this is exactly what those at the top would want us doing rather than going after Them (they know that we can't get the message through to the protectorate masses because those people will die trying to protect the system that sustains their life, regardless of the fact that that very system will lead to those people's lives).
Finite growth on a finite planet isn't a plan, it's a reality. It shouldn't be a surprise that some plan or profit off of this; but don't mistake this as being able to control the overall outcome.
We are already in a cold civil war over slavery, though this time it is debt slavery. The military is too conservative to fight the people for the regime, so you have proxy armies of illegals,anarcho-syndicalists, union thugs, criminals propping up calls for the welfare state. Territory has changed somewhat because of cyberspace. We are just arguing how big the war will be, not whether it will happen, because the financial system is rotten at its core and its collapse will drive people to the streets. The Fed must steal our money through inflation.
http://www.futurrnamics.com/civilwar.php
Hundreds detained, several police officers wounded as violence flaresPolice used water cannon and tear gas to defuse the latest rash of social unrest against the conservative billionaire Pinera's policies.
While Latin America's model economy is seen expanding 6.6 percent this year and is an investor magnet thanks to prudent fiscal and monetary policies, many ordinary Chileans feel they are not sharing in Chile's economic miracle.
http://www.msnbc.msn.com/id/44277773/ns/world_news-americas/t/looting-un...
Wouldn't surprise me if the Jackboot Thugs from TPTB monitor this site and take note of the posters chest beating about how many guns they have, who they would like to see "take out", starting revolutions, etc.
I'd be really careful about admitting that you are stocking up on gold, guns, etc.
Easy targets.
I am thinking. However, there are some things that are both known and can never be known at the same time.
They will document those IP addresses for FeMa camp registration use later.
I'd be surprised. TPTB can tell the difference between real threats and impotent poseurs venting about "any minute now". Those who are really serious about taking action are not about to broadcast either intent or capability. The occasional loon posts on Facebook just before he acts (Norway, Tucson), but even that kind of telegraphed stuff is missed by TPTB, so the rational and the semi-loons go no doubt equally unnoticed. Amongst the angst set, despite three years of verbal outrage, they have yet to gather a crowd of one in front of the Fed, Treasury or White House to protest. I include myself in the angst set. Cause Without a Rebel.
I'd be willing to bet TPTB, if they have even heard of Krieger or DeGraw or Webster Tarpley, just laugh.
If any change is ever going to come, I suspect it will come either via the ballot box, or worst case---if Bernanke or Geithner succeed in destroying the dollar---will come from a military coup. Generals are not likely to take kindly to someone destroying what many of their colleagues have given their lives for. They also will not take kindly to having a generous pension turn to dust.
There have been protests in front of several federal reserve branches across the u.s. "End the Fed" rallies... Ron paul spoke at some of them. I am too lazy to find the youtube coverage for you but check for yourself.
Things almost seem to be set up for some military guy to ride in on a white horse. Maybe our next president will be a president in uniform, as is the case in so many countries.
At least Hilter fought bravely in WWI. Take a look at today's Chicken Littles. What I can say?
Well, you could say that Hitler was a piece of shit.
Petraeus certainly wouldn’t mind the job. His entire adult life screams shameless ambition. When he was a cadet at West Point, he met his wife-to-be. She was the daughter of the Commandant of West Point.
As I said, shameless ambition.
Dear Chindit13,
On your use of Hedy Lamarr the other day.
Thats Hedley Lamarr... not Hedy Lamarr. Yes, and I see how your mind is a raging torrent, flooded with rivulets of thought cascading into a waterfall of creative alternatives.
Sorry Chin old boy... just had to do it.
Been bird dogging me, eh? Well, if there is a joke here it's above my head. I did mean Hedy, the gorgeous actress and electronic genius.
They may laugh, but with all this talk of offing public officials, I can very easily see this site being labelled as a terrorist site in the not too distant future. They will also laugh when ZH is shut down.
Yup, Banksters will loot everything but the military's pension fund. And then they'll loot it too.
"I'd be really careful about admitting that you are stocking up on gold, guns, etc."
I don't see why this isn't good advice. Being humble is a good idea, esp when those who are not humble, like the banksters, ARE clear targets.
The meek shall inherit the earth. Hopefully the non-meek won't fuck it up too bad before they perish...
BREAKING NEWS
PARIS—Several European governments extended a ban on short selling of financial shares Thursday, seeking to keep a lid on volatility in European banking stocks amid deep bearishness.
if you can't short the market you just sell the market. major doomsday trade looming
Steve Jobs in charts
http://capital3x.com/?p=253
I remember a medieval battle scene from some movie where the king, seeing his forces prevailing, nonchalantly turns his horse and leaves the battlefield along with his royal entourage.
That's how I see the last days of America going. Oligarchy elite nonchalantly climbing aboard their private jets and leaving the country while anarchy and civil war rages over limited food, limited fuel, limited everything.
And they live happily ever after...
Like, where will they go, to one of the countries that they previously plundered? Nearly all such countries already KNOW what's going on, and I'm sure that the natives there can't wait to take out some aggression.
The ship is sinking and there's no land for the rats to swim to.
Drivel
Here's my take on what Big Ben will say tomorrow (three main points) along with the real translation:
1.) We, the Fed, stand ready to assist the economy and provide support when needed and appropriate. Translation: We know another bailout will be required whether it be with BOA, Citi, a large European bank, a foreign central bank, or possibly even a foreign country. So we stand ready to provide the needed liquidity in USD's when required.
2.) As previously stated, ZIRP will remain in tact for another two years (minimum). Translation: If interest rates are increased the economy will implode as residential real estate, commercial real estate, exports (through a potentially higher USD), and corporate earnings (again with a higher USD) will all crash. No way the Fed can risk raising rates as it would crater key components of the economy. At least five more years are needed to work off the imbalance present in real estate.
3.) At the present time, no further purchases of toxic CRE/RRE backed debt is required or US Treasuries. Translation: Why buy US Treasuries when all you dumb shits are buying them up in droves forcing interest rates lower, playing right in the ZIRP strategy. Last time we bought, rates increased so lets keep interest rates lower by not buying.
The bottom line is simple. The Fed needs inflation to paper over the massive amount of US debt (both the actual stated debt and all of the future liabilities with unfunded entitlements) over the next ten years. Minimum inflation of 5% is required and probably closer to 10%. The Fed knows this and is already getting it in necessities such as food, clothing, education, healthcare, etc. but will never publicly admit this (and will continue to use BS measures of inflation to give the impression that all is well). So tomorrow and if the markets stabalize somewhat, no action will be taken (at least not publicly). However privately and behind the scenes, the Fed is no doubt working hard to inflate this mess to paper over the debt.
That's it. No QE 3 tomorrow as a.) past QE's have not worked (and everyone knows it) and b.) further QE's would be extremely unpopular. Of course let's expect the knee jerk reactions from the TSG's (i.e., traders, speculators, and gamblers) in hopes they drive PMs lower to offer another entry point. The steady ascent of PMs over the past decade has been as predictable as the US Government issuing more and more debt. Until fiscal and monetary responsibility and accountability is restored, I see no end to continued PM price increases.
Anyone who said that QEs don't work is missing the trees from the wood. Did any Mega Bank gone belly up after the QEs? They would have if it hadn't been for the FED's help in QEs. So, it definitely works, the main purpose all along is to keep the banks from collapsing because the people behind the FED own those banks.
I think that your time-frame is a bit short. Everything can appear successful for but for only the briefest amount of time.
If you wanted to lose weight I could achieve that rather quickly by cutting off one of your legs. Initially you'd be much lighter, but shortly thereafter, if a proper sew-up wasn't undertaken, you'd be dead. On the other hand, if this happened to the culprits of this mess we'd see that the longer-term outcome being more beneficial.
Yeah very close. Markets are broken, Asian markets are broken. Europe is broke. Mix the extreme weather patterns, China flipping out on HUGE FX reserve losses.
Bad vibes ...place has bad vibes + Taleb reappeared. That's a f8cking omen
One thing for sure, markets are going into high % swings and back forever...or until the whole financial system resets.
Gold is bid again
and on top of all this, isn't September the month that the UN will decide
if Palestine should gain statehood? And isn't September the time that Israel
is likely to act more irrationally than otherwise against Iran?
NY was already submerged last week http://online.wsj.com/article/SB10001424053111903480904576508821769104618.html Look at the cars in the photo! Is it going to get worse?
There will be NO QE3, the political backlash will be immense, plus China gets more oil inflation = that's a war trade baby.
and a -300 swing on the Dow.
Totally off topic, but I offer this as something of an antidote to dark times, whether or not you understand French: http://www.youtube.com/watch?v=iSlJ4kjPo7I&NR=1
OMG I have just looked at the latest from Mirelle Mathieu. And there she is supporting little Sarky, who is no more French than little Napolean was ... his parents were Italian and he was not born in France.
I give up http://www.youtube.com/watch?v=PqX5GHZKA_4
Dommage, mais les artistes sont comme ça...
Incidently, Sarko is Hungarian of Jewish descent. He got elected by inciting violence in the arab banlieux by refering to these people as "racail". Bascially, he succeeded in deflecting the Front National vote to himself rather than Le Pen, thereby defeating Ségolène Royal in an otherwise close election. A real demogogue who is doing his utmost to diminish French sovereignty in favor of the EU, which presumably redounds to the benefit of his crony capitalist buddies. The only thing that restrains him is the French tendency to take to the streets, which is so mocked by Americans.
Il est vrai que peu de Sarky est juif/Hongrois et aussi vrai que le Français prendra aux rues longtemps avant que les américains n'aillent faire - si jamais, d'aucune façon radicale.
Quant aux artistes - en incluant apparemment Mirielle Mathieu - ils souvent "vendent leurs âmes au démon". Je ne m'y suis pas juste attendu d'elle!
It is true that Sarky is Jewish/Hungarian and that French people protest on the streets far sooner than Americans do ... and Americans have long-since lost sight of radicalism.
FFS most apparently believe that the O'Bomber is a socialist/communist/Marxist; whereas, of course, he is just a talking head for Wall Street, banks, corporations and generally the bundle of the military/industria/government complex that is fascism, as defined by Mussolini and brought to 'perfection' by Hitler, or else Stalin in the Soviet Union ... but in order to understand you HAVE to get deep and under mere slogans, e.g. those spouted by the Nationalist Socialist Party (NAZI) of Germany and the rhetoric of the USSR.
Meanwhile it is common for artists to prostitute themselves for authoritarian regimes ... I just did not expect it of Mirielle Mathieu.
Bono yes. Bob Geldof of course and many others who have "sold their souls to the devil".
I have expanded on what I wrote in French (with a bit of help).
Sarkozy is a curious and anachronisitc epiphenomenon in the french political scenary; he aligned himslef with GWB in 2007, lock stock and barrel, breaking with traditional Gaullist inpendence and wise neutrality initiated during the cold war period. In doing this, as a latter day supply-sider singing 'I love our french plutocrats', he had no inkling THEN of what was up ahead. As he believed in USA uber-alles BS even in Afghan/Iraq! He bought into the financial bubble economy and promised fast economic growth to France based on lower taxation and lower government spending, ignoring the underlying reality of the financial world : the crash. And all his economic theory went up the spout with it. But he soldiered on in his supply sided approach which has now blown up in his face three years down the road.
The world wide financial ponzi makes HIM personally an expiatory and iconisitic victim of his own flawed policy in the eyes of the french electorate, as it does that also to Obummy in USA, as he has aligned himself totally with the Squid, who got him elected, having inherited/condoned its past shenanigans in the GWB fed collapse and TARP mayhem à la Paulson/Benocide.
The big winner in EU is Germany, whatever happens to Euro. I don't see Sark being elected despite all his Libya/Ivory Coast bravado. The financial downside will nail him to the ground.
But my humble vision is that the Euro could survive. As the world is determined to find a reserve currency which is NOT the USD. A lot depends on China in the under-the-table play of currency war as it will unfolds in 2012.
Black swan clusterflock is not going to go away. That is for certain
I share your views, except for not being sure about the Euro surviving.
I gave you a green old friend falak, you talk mostly shit but at least you talk, so much now is dumb one liners with no coherent thought by people who do not truly love gold with all their soul.
I know i mostly post silly stuff but it's because I drink at the weekends for my old wounds, the ones that did not heal....
Keep up with your mushroom inspired insights my friend
Bd6
new wounds for old wounds. always enjoy your posts big duke. you can literally smell the reality of your life experiences and the truth that those ugly visions burned
And of course the O'Bomber is of dubious US lineage.
Welcome to the madhouse in which nothing any longer makes sense ... not least the insane "financial world".
I thought that after his birth certificate had gone through about ten iterations, people were finally satisfied with its similacrum of authenticity.
And, just like clockwork, nationalism/racism ramps up.
How fucking predictable. And thus propagates the very thing that guarantees that we repeat all this shit again. Sigh, evolution sure has a lot of work to do...
Formidable, merci.
Whoever junked me on this one: Chacun a son gout.
Fed will announce that it is buying municipal bonds to kickstart city projects.
Look for ACORN to be involved.
Fucking mass-media-programmed idiot, ACORN was all but cleared.
Ready, fire, aim. Evolution is coming for you...
the number one contender for champeen of the world just stepped up to announce the pending cage match.
--------------------------------------
By Associated Press, Thursday, August 25, 4:32 AMBEIJING — China says it supports a Palestinian plan to seek full membership in the United Nations next month.
http://www.washingtonpost.com/world/middle-east/china-says-it-supports-p...
-----------------------------------------
you're all waaaaaaaaaaaay psychotic...get a grip...
The monetary revolution will not be televised. You need ¡SilverRevolución!
www.silverrevolucion.com
Can't believe it, I posted the Channel of Doom, and the Egg of Doom, and nary a remark. Must be a sign of P3, LOL
http://oahutrading.blogspot.com/
It looks to have a higher probability than a QuEer3some rally. Actuall a good confirmation bias of P3 which camp I reside. Thanks for the chart.
CHARTS AND ANALYSIS ON MS, GS AND BAC ALONG WITH TRADE ADIVCE FOR SHORT AND MEDIUM TERM
http://capital3x.com/?p=258
Wow ur avatar is so cute , instead of giving me advice why don't u get your Gums around my Plums.
Then we can parlay.
Speaking about what..the revolutions in the Middle East ?
They have been set up by NATO and the CIA. The goal is to control ALL the oil from this area. Next step will be Iran.
This way they will control China !
Charts and analysis on Goldman, morgan and bank of america. Only some analysis is provided
http://capital3x.com/?p=278
This video shows exactly what the author of this article is trying say:
http://www.video.me/ViewVideo.aspx?vid=409832
Of course the Bernank is not literally printing money, so he is not lying.
But no wonder he looks and sounds increasingly defensive and bemused.
When will someone ask him what comprizes "digital money in cyber-space"?
When will someone ask him exactly what "digital securities" comprize?
When will someone ask him about how the Fed "balances the books" with just notional 'assets', which are never marked to market, such as bundles of "toxic waste" mortgages.
Ron Paul, for all his rhetoric, simply fails to ask any hard questions ... I suppose because he and his son make a very good living from not REALLY rocking the Titanic they depend on.
JFK did rock that boat and was soon dead.
...and the hard questions that you have in mind are..?
I was managing an American subsidiary of a successful large US Company in Mexico. It had been a financial turnaround for our team. Cash flow had accumulated in our bank in Mexico and corporate didn’t want the money repatriated to the US. Although we had already paid a 35% income tax to the Mexican government, we would have to pay an additional 30% exit tax to repatriate the money. In addition, we would have to pay high fees for the peso/dollar exchange, in order to make the transfer. The company wanted to expand our successful business and so we decided to keep the money in Mexican pesos to be used for further expansion.
One morning, as my wife and I were on a trip driving on the highway, we heard a national message from the President of Mexico in 1976, Luis Echevarria, one of the most corrupt presidents in Mexican history. “It is a lie that we are going to devalue the peso,” he said.
Read more
http://lonerangersilver.wordpress.com/2011/08/13/living-through-a-curren...
wrong place
So, money is deposited in Mexico and then it's (wanted to be) "repatriated" to the US? Wouldn't that mean that it came from the US in the first place?
Seems to me someone is pissing because they fucking didn't understand various tax law to begin with- not someone I'd want to do business with (shitty business sense)- FAIL!
I came here for some extreme writting, but this pussy shit about the end of the world.
You came here to Zero Hedge for "extreme writing" ... so for how long have you been here Fraud?
Only a couple of months myself; but sufficiently long to know that, if you really want "extreme writing", you have come to the right place.
Riddle this: I am a person who is writing that the US/NATO support of the insurgents in Libya is likely to result in even worse - for the Washington Empire and its satraps (including Israel) - than even Iraq and Afghanistan.
Some here might agree with me and others not. But my point here is to challenge you.
I challenge you to consider the extremity of Fukushima ... which has been covered here in ZH.
You are too quick to judge.
Sounds like you plan to deliver some extreme righting yourself!
If the Fed can spend a few trill on toxic assets, why can't it spend a few trill to buy Gaddafi's mercenary army, roll back over the terrorists east, and take the rest of Africa? That'll get you more than .5% of GDP. We can also fuck over all the Euro colonialists, steal their factories, gem mines and that goes for Israel too. The Great african consolidation, because we just want to get everyone together to apologize about slavery.
Wars don't pay... they only consume.
All these kinds of operations go through the backdoor, only the banking ones go through the frontdoor. Oh, and neither return anything to the American people, that's why we don't see any increases in GDP (well, not that GDP is real, or that, since there's no more possibility for growth, GDP could even increase if it were real [I don't think that importers of US goods are really able to boost US GDP since they're in the same boat]).
But, yeah, I see your point (of showing the absurdity of it all).
Debasing the usd will lead to increased nominal prices of assets in general, and the risk of hyperinflation will most likely arise AFTER the economy has bottomed out. Skyrocketing prices on food is of course a frightening problem, but it is mainly due to weather, reduced supply and increased demand, not QE2. The printing of money is in fact a good way of taxing the cash holders, making them invest in assets, and reduceing the debt burdens of the common citizen. The ones opposing are either too rich or dont care about the poor
The pussifed Congress should wake up, create the US Treaury Dollar, offer to exchange one-for-one with the Fed notes, minus the Fed's balance sheet debt and say "OK. The note is your money, the Treasury dollar is our money, see ya..." Then, they can give their friends some seed money for their new banks, hire all the talent, and let the ultra rich Europeans and NewYork hags die on the vine. The Fed's shareholders will have to absorb the balance sheet and die. Don't the congressmen know they can get rich quicker this way? They'd have the military, the money and a clean balance sheet. They're problem is they're not greedy enough. They're middle class rich and get warm over flying first class. Think big pussies!
Debasing the usd will lead to increased nominal prices of assets in general, and the risk of hyperinflation will most likely arise AFTER the economy has bottomed out. Skyrocketing prices on food is of course a frightening problem, but it is mainly due to weather, reduced supply and increased demand, not QE2. The printing of money is in fact a good way of taxing the cash holders, making them invest in assets, and reducing the debt burdens of the common citizen. The ones opposing are either too rich or dont care about the poor
I think they're trying to debase and delever at the same pace, like a slow leak you don't feel unless you travel to places you like. But since theyre dumb fuckers playing on theory, only war will really get them out this mess to put them in another
The hideous side of "Altruism" is revealing itself ! All you little do gooders who spend OPM on your little causes and yourselves are going to find out the consequences of thievery in the long run are death and destruction and despair ! Monedas 2011 Capitalism is the only cure and isn't even in the public debate ! Here's your 3D......death, destruction and despair !
Short EUR/GBP is one of the trades from today
http://capital3x.com/?p=289
Apple trade is 2 month trade with a potential 20% returna nd VaR of 2%.
Its those damn speculators again.Those people that live in reality. oh the shame knowing what and where prices are headed and in which market driving the cost up.
Wall street will be eating popcorn watching the show. Unless Anonymous can hack algo`s and currency printing machines you do not scare them at all.
Of course in PM`S
The equation of supply and demand are not used.The prices are set by those that determine price and control the price.
I hope the storm won't damage my eagle-farm too much... Goddammit
Nifty shorts hit our targets.200 pips profit on 1 trde. Overall portfolio hits 910 pips profit for August. Subscribe at http://capital3x.com
Major shorts initiated at capital3x for S&P. Indian markets major moves in last half hour is always 90% correlated to S&P closing as insiders play the major moves in the last half hour.
Subscribe at capital3x to get the trade.
910 pips profit in August.
http://capital3x.com
When Bernanke talks today be sure to look for fasiculations of his lower labia for a sure sign of deceit. The more it quivers, the bigger the lies.
"Never trust a banker who wears socks." -- Willie Sutton
He can't get the crabs out. That's what messes him up. The good liars convince themselves.
The really good ones never consider anything but the concocted reality. That's how you get to the top.