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Guest Post: Government Corruption Causes Mass Blackout

Tyler Durden's picture




 

Submitted by Simon Black of Sovereign Man

Government Corruption Causes Mass Blackout

Around 11:15 this morning, I left my flat and headed towards the Cape Town Gold Coin Exchange to check out their kruggerrand prices today.

(Note: They charge around 10% over spot, and buy coins for about 1% over spot. This is inclusive for all major coins that they carry. They have kruggerrands, eagles, and maple leaf coins in stock.)

I was sitting at a red light not too far from the new football stadium they built for last year’s World Cup tournament, when suddenly all the traffic lights went out. I thought it was just a weird anomaly, so I proceeded cautiously.

By the time I reached the coin shop, I realized that the whole city was without power. Again. Entire buildings had shut down, stores closed, and schools let out. It was a full-blown blackout… and it lasted for several hours.

This sort of thing is not uncommon in South Africa. Politicians will tell you that electrical demand is outpacing supply because of the country’s rapidly growing economy. That’s one way to put it– lemons into lemonade.

But give that excuse to the nearly 50% share of unemployed youths… or the 1 in 6 people who don’t even have electricity, and you’ll get a slightly different view.

A few years ago, the major mining companies in South Africa approached the government with a clearly stated problem. South Africa’s power grid was failing… and without major investment and political attention to the issue soon, the mining companies wouldn’t have the resources they needed to continue producing.

Bear in mind that the mining sector is one of South Africa’s most important economic drivers. They are the nation’s leading employers and exporters, so you’d think that their pleas for critical infrastructure investment would be heeded.

Here’s the thing– political corruption is rampant everywhere. In the developed world of North America and Western Europe, though, politicians are skillfully subtle at their corruption.

Money rarely changes hands in the light of day, but rather gets funneled through campaign contributions, use of corporate perks, and special ‘consultancy’ fees upon retirement. These guys get their rewards under the table and after they leave office.

In South Africa, though, the corruption is blatantly obvious. It’s almost insulting. The politicians here must think their citizens are so stupid, they won’t notice massive financial aberrations.

Julius Malema is a great example. As President of the African National Congress Youth League, Malema draws a small government salary.  Yet somehow he drives around in multiple $100,000+ sports cars and owns multi-million dollar homes.

As it turns out, Malema is the sole beneficiary of a mysterious ‘family trust‘ that is apparently bankrolling his lavish lifestyle.  Local businesses that are awarded substantial government contracts are routinely found depositing funds into the trust account.

Nobody tries to hide corruption here. It’s outright theft in the light of day, and this is the real reason why the power keeps going out. Public funds are siphoned off or misallocated for private gain, and major infrastructure projects are routinely stalled as a result.

And so, a few hundred thousand people sat around in the dark today. It wasn’t the first time, and it won’t be the last.  But it’s not just South Africa.

Much of the infrastructure in the developed world is in serious need of investment. But given at least half a dozen financially cataclysmic ‘Lehman events’ that are looming, (Greek default, Italy restructuring, further US sovereign downgrades, etc.), it’s unlikely that the necessary upgrades will be made… especially for public utilities.

Economics drive everything. People that have suffered through a devastating sovereign collapse (Argentina, for example) understand that flipping a switch doesn’t necessarily mean the lights come on.

Most people take these major systems for granted– that there’s gas in the gas stations, water in the pipes, electricity in the wires, food on the grocery shelves, cash in the cash machines, etc.

A real economic depression affects these major systems as well. Shortages, rationing, and outright failure are all possible. Is it the end of the world? No. Is it something to consider? Absolutely… unless you enjoy sitting around in the dark.

A big part of self-reliance is weaning yourself off total dependence on these major systems. This could mean a lot of things– planting a small garden; installing a solar array or generator; owning gold and silver coins; etc. Any of these options is worthy of your attention.

Personally, I’m taking things a step further. As I’ve mentioned before, we’re in the early stages of establishing a resilient community in central Chile where the scenery is stunning, the climate is warm (Mediterranean), and the soil is some of the most fertile in the world. Oh yeah, and the government leaves you alone too.

Just yesterday, in fact, I gave instructions for the farm crew to begin planting our first batch of organic crops (remember, the seasons are flipped in the southern hemisphere). We also have multiple sources of water and several ways to generate our own energy, including solar, hydro, wind, and geothermal.

 

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Wed, 09/28/2011 - 14:09 | 1719049 carbonmutant
carbonmutant's picture

"Politicians will tell you that electrical demand is outpacing supply because of the country’s rapidly growing economy."

Yea, I get this kind of excuse from voice bots all the time...

Wed, 09/28/2011 - 14:09 | 1719087 Roy Bush
Roy Bush's picture

Electrical Demand outpacing supply....hmmm.  Sounds dubious to me.  It reminds me on Enron saying the same thing and how they were chanting "burn baby burn" as wild-fires took out powerlines.  

Wed, 09/28/2011 - 14:17 | 1719114 Ahmeexnal
Ahmeexnal's picture

1 in 6 who don't pay for electricity, yet they just hang a wire and get it for free.
Blackout in Santiago, Chile just a few days ago lasted for hours too.
Someone is playing with EMPs.

Wed, 09/28/2011 - 14:26 | 1719146 DoChenRollingBearing
DoChenRollingBearing's picture

10% premium for Krugerrands there in South Africa?

I pay about 5% premium for American Gold Eagles at the coin shops here.

24hgold.com's JV Widget with eBay now showing about a 13% premium over spot (AGEs), rather high, it is normally some 6% - 9% over.

Wed, 09/28/2011 - 15:02 | 1719290 CompassionateFascist
CompassionateFascist's picture

SA is ruled by a Black communist kleptocracy. As the Whites leave, and leave they will if they do not want to go Into The Cannibal's Pot, SA will become another Zimbabwe. Via the immigration rackets, and absent Civil War, this is also America's future. 

Wed, 09/28/2011 - 16:19 | 1719554 AnonymousAnarchist
AnonymousAnarchist's picture

Has anyone seen this hilarious piece of gold stupidity? It's 49 seconds long but it's the last 20 seconds.

Wed, 09/28/2011 - 16:27 | 1719570 Sub-MOA
Sub-MOA's picture

Folks, this is classic DISINFO! 

"People are not sure if gold is backed by anything...like the US Dollar is..."

Wed, 09/28/2011 - 23:17 | 1720731 Dugald
Dugald's picture

Ya think? how about brainless twit?

Wed, 09/28/2011 - 17:55 | 1719943 Grinder74
Grinder74's picture

This really really really really absolutely not meant to be racist or supreme-race-advocating, but...

Why is it that when blacks are put in charge, stuff goes to hell? Inner cities, whole cities under black mayors and mostly black councils, South Africa after blacks take over from whites. The African continent in general compared to Europe, Asia or the Americas. I'm just asking.

Wed, 09/28/2011 - 18:45 | 1720115 hivekiller
hivekiller's picture

Average IQ of blacks in sub saharan Africa is only 70. In America where blacks are approximately 25% white, black IQ is 85. Pair low IQ with high aggressiveness and you get typical black behavior. It's funny how we are free to characterize the behavior of all breeds and species of animals but not man. However trust me, those in charge have done exactly that.

Wed, 09/28/2011 - 21:56 | 1720576 Imminent Crucible
Imminent Crucible's picture

"In America where blacks are approximately 25% white"

I thought you were just throwing this stuff out there, so I looked up Murray and Hernsteins' "The Bell Curve" to rebut you. Whoops. M&H actually found that average African-American IQ is 85.

But Obama is exactly 50% white. Does that make him twice the African-American that Al Sharpton is? Or does it work the other way around? And how come someone who is 50% white is the nation's First Black President?

Never mind, I forgot Bill Clinton.

Wed, 09/28/2011 - 23:16 | 1720728 trav7777
trav7777's picture

according to Jared Diamond, black evolution proceeded away from civilization because mass concentrations of them would be wiped out by malaria.  Consequently, the civilized ones had a lower offspring survival rate and the antisocial traits such as violence and low cognitive aptitude came to dominate

Wed, 09/28/2011 - 23:20 | 1720741 Dugald
Dugald's picture

Please study the following letters very closely....

        CROOKED BY AN ACT OF NATURE

Thu, 09/29/2011 - 04:18 | 1721071 Ace
Ace's picture

The new government in SA after the end of Apartheid either killed or scared off a lot of whites (one of the highest murder rates in the world, among other things) -- including many at ESKOM, the country's monopoly power company. Eventually, things wear out and break down. Only now there's barely anyone left who knows how to fix them. Wouldn't be surprised to see a permanant outage at some stage.

 

Wed, 09/28/2011 - 15:02 | 1719292 Herd Redirectio...
Herd Redirection Committee's picture

Corruption is everywhere, Simon is right, the only difference is how blatant or subtle it is.

Check out the latest from the Capital Research Institute: "Consequences of a Trillion Broken Promises"

http://www.capitalresearchinstitute.org

"In our world of ever-decreasing attention spans I better cut to the chase.  Greece is bankrupt, hence the solution for Greece is to declare bankruptcy.  Similarly,  America is a (bankrupt) de-industrialized nation well on its way to becoming a part of the Third World.  What marks the Third World, in my opinion, is the glaring wealth disparity, systemic injustice, and widespread corruption.  Corruption American-style is just a little more sophisticated.  Rather than bribe congressmen or government officials they are merely promised cushy office jobs once their terms are over.  See?  That way you accept payment for services rendered after wards, when you are out of the public eye, out of the limelight.

The way back, logically, to a prospering economy with a growing middle class then, is to bring back manufacturing.  Until that process is initiated we will continue the current cycle of ‘recession’ and (weakest on record) ‘recovery’.

The reason for being so forward is simple.  The opinions expressed here are rarely found in the mainstream media.  Why is that, you should be asking yourself.  Who doesn’t want to see America re-industrialized, and the Greece dilemma settled in a just and fair manner?"

Wed, 09/28/2011 - 15:27 | 1719392 John Bigboote
John Bigboote's picture

Could have been a solar flare. If that is the case, we are even more fucked.

Wed, 09/28/2011 - 15:59 | 1719496 Ripped Chunk
Ripped Chunk's picture

Wow that's great for you

Wed, 09/28/2011 - 14:30 | 1719163 Michelle
Michelle's picture

Possibly someone is playing around, or more plausibly the severe geomagnetic storm last weekend during that same time. As much as I love conspiracy theories, this time I'll go with the latter.

Wed, 09/28/2011 - 15:07 | 1719311 Oleander
Oleander's picture

We had a power surge at 11 am today here in SE Ma. and last night both the cable and Wi Fi were acting up.  I am blamed the solar storms but now I wonder??

 

Wed, 09/28/2011 - 22:16 | 1720605 UP Forester
UP Forester's picture

Huh.  In da UP, I was sleeping then, but all the power kicked out around 4.  Just long enough to reset everything....

Wed, 09/28/2011 - 23:13 | 1720725 trav7777
trav7777's picture

nah...it's a country run by black people.

Do some fkin research before spouting off nonsense

Wed, 09/28/2011 - 14:40 | 1719209 kito
kito's picture

NOOOO ahmeexnal, IT CANT BE!!! A BLACKOUT IN CHILE??!??!?!?! IN PARADISE????? IN UTOPIA!!!!?!!!!!! SIMON TOLD ME IT WAS THE PLACE TO BE!!!  I LISTENED TO HIM AND BOUGHT INTO EVERYTHING HE OFFERED!!! I EVEN GOT THE CHILEAN INFLATION PROTECTION BONDS!!! HE TOLD ME BLUEJAYS WOULD GREET ME IN THE MORNING, SINGING THEIR HAPPY SONG!!!!! IT JUST CANT BE!! FIRST, VIOLENCE AND PROTESTS LAST MONTH, AND NOW THIS!!!?!?!?!?!? AND WHAT ABOUT THEIR WONDERFUL GOVERNMENT?!? THE ONES THAT LEAVE YOU ALONE BECAUSE THEY ARE DIFFERENT THAN THE OTHER POLITICIANS AROUND THE WORLD?!?!?!? PLEASE, NOOOOOOOOO!!!!!

Wed, 09/28/2011 - 14:29 | 1719153 Ident 7777 economy
Ident 7777 economy's picture

 

 

 

" ... and several ways to generate our own energy, including solar, hydro, wind, and geothermal."

Recommend a "Lister" diesel ... long-lived and low RPM machine ...

http://www.youtube.com/watch?v=a7Kz7uFOm84

Will run forevah ... even burns Veggie oil ...

.

Wed, 09/28/2011 - 16:17 | 1719546 Going Loco
Going Loco's picture

Listers. Yes. I have two. A hand-start SL2 and an electric start ST2. At present as part of my investment strategy I am slowly cornering the market in spares for late-model twin-cylinder Listers. (I don't mind telling you that because I already have a lot and most of you wouldn't know where to start.)

Wed, 09/28/2011 - 14:50 | 1719260 Gully Foyle
Gully Foyle's picture

Goddamn it! This will set back Strike Back season two.

 

Wed, 09/28/2011 - 15:12 | 1719329 HCSKnight
HCSKnight's picture

2nd Ammendment.... that's the only thing that keeps the US from becoming SA.  Just ask Europe.

Wed, 09/28/2011 - 14:09 | 1719052 Deadpool
Deadpool's picture

oh goodie, another installment of Tin Tin goes third world shopping. who cares? or does he plan to start a Biodome in South Africa too?

that furtile soil, Simon, is from Volcanic ash...still active. good luck with that "government leaves you alone" bit for now. and do you still plan to import young Argentine girls for procreation for future generations of passport collectors??

Wed, 09/28/2011 - 14:22 | 1719133 TomJoad
TomJoad's picture

I wish I could up-arrow this (Deadpool's) post more than once.

 

 

Jump! You Fuckers! This now includes you Simon, you fucker.

Wed, 09/28/2011 - 14:36 | 1719165 gojam
gojam's picture

You have to be cruel to be kind.

I'm looking forward (not) to the next instalment when on the way to the diamond shop, we hear about Cape Town being the gang rape capital of the world.

PS, Don't take it personally Simon, it's not you, it's your lousy narative.

 

Wed, 09/28/2011 - 14:42 | 1719219 fyrebird
fyrebird's picture

It may be hard to come up with good narrative when the world is a flat, roiling disc of Medieval nothingness.

Beyond here there be monsters. --fyre

Wed, 09/28/2011 - 14:59 | 1719281 gojam
gojam's picture

There is some interesting stuff in there about the world economy but it's lost. Why ?

Because a story, set out before a forum of gold bugs (I'm not one), beginning 'I was on my way to a gold shop', doesn't end with him reaching the gold shop and buying gold. It's used as a diversion.

Just lay it out straight.

Wed, 09/28/2011 - 14:59 | 1719283 hivekiller
hivekiller's picture

South Africa used to be a first world country before the blacks took over. Same with Zimbabwe. They were a net exporter of food until Mugabe took over. Bingo - hundred trillion dollar notes worth nothing. Hey but tell me IQ has nothing to do with it or dat I be de evil racist - yo!

Wed, 09/28/2011 - 15:13 | 1719335 Herd Redirectio...
Herd Redirection Committee's picture

Its still British and American interests running South Africa now, same as it was 100 years ago.  So don't believe your own BS too much.  But it is spot on, in general.   When the Afrikaans and English were in power they atleast tried to provide basic necessities to the(ir) people.  But now its every man for himself,  black politicians serve the money powers.  Thats why corporate interests (esp. banks, such as Barclays)  have enjoyed the 'new' South Africa so much, the budding politicians are three times as poor as the guys they would have had to bribe  a decade ago!

Wed, 09/28/2011 - 16:01 | 1719502 hivekiller
hivekiller's picture

Yeah they use blacks as their front men. The Boer Wars were about British and Jewish imperialism. They wanted S. Africa's mineral wealth so waged war on the Boers. Set up the first concentration camps. 

Wed, 09/28/2011 - 21:40 | 1720542 ping
ping's picture

Don't effin blame the British. USA had all the nukes and treasuries last 50 years, mofo. USA had all the money last 100 years. USA been sponsoring lil' buddy Israel. Your la-di-da country made this clusterfuck, not mine. USA shipped the jobs to China. USA attacked Iraq and Afghanistan. USA lets GS and JPM do what the fuck they want. USA been waterboarding people for saying barack Obama has big ears. Suck up the fuckin' responsibility instead of being a bitch looking to blame others for shit done 150 years ago. You're to blame, fuck-head. Your country runs the concentration camps now. You 'be the change', bee-yotch. Stop lookin' to blame the whole rest of the world when you live in the motherfuckin country that screws up the world most. Look at the shit you got at home, and your own countrymen may just stop getting fucked-over. Blame others, and you're playing the game the bankers and Wall st fuck-heads want. "Ooh! Ooh! Belgium has fucked us over!" "Ooh! Thailand's Jewish/Welsh/Swedish banking minority has stolen from us!" USA's been the sole superpower for 20 years, the biggest swinging dick for more than 100. If things are shit, look within your own fuking shores. Pussy.  

Thu, 09/29/2011 - 00:39 | 1720883 hivekiller
hivekiller's picture

You don't know much about history do you? I'd suggest you read up on the Boer wars or is reading against your religion?

Wed, 09/28/2011 - 16:38 | 1719607 BlackMagician
BlackMagician's picture

"South Africa used to be a first world country before the blacks took over..."

Yeah...first world for whites...South Africa was probably better for most blacks before being "colonized" by whites...I know it's hard NOT to think whitely...

http://en.wikipedia.org/wiki/History_of_South_Africa

Wed, 09/28/2011 - 17:50 | 1719921 hivekiller
hivekiller's picture

Tell me, are blacks in S. Africa still raping babies in order to cure themselves of AIDs?

Wed, 09/28/2011 - 19:10 | 1720159 BlackMagician
BlackMagician's picture

Wouldn't know...but I suspect you do? I hope you know some blacks that are not killers and rapists...

Wed, 09/28/2011 - 21:00 | 1720466 hivekiller
hivekiller's picture

Lots and lots of reports of rapes of babies in South Africa and elsewhere in Africa. I do know some blacks that are not killers or rapists but in America half the crime is committed by blacks and rape is largely a black on white occurrence.

http://www.colorofcrime.com/colorofcrime2005.html

Now don't tell me you don't know this.

Wed, 09/28/2011 - 22:54 | 1720686 Cathartes Aura
Cathartes Aura's picture

in America half the crime is committed by blacks

hmmm, is that "half the crime" or half the "criminals"?  and do have any stats on politicians & bankers "colours"?  also, what percentage of these are male?  since we're doing stats like they matter.

thanks in advance.

p.s. http://www.amren.com/

nice sponsor ^ for your facts.

Thu, 09/29/2011 - 00:38 | 1720882 hivekiller
hivekiller's picture

Facts are facts. More false consciousness and programming in the media and the deliberate hiding of the facts regarding minority crime. Actually it's the same worldwide. Blacks in every country they live in commit more crimes - especially violent crimes. Brainwashing whites is a way of making them easy prey.

Wed, 09/28/2011 - 23:35 | 1720769 Dugald
Dugald's picture

And then of course there was......Chaka Zulu...he was very good, think it's a close run thing between Chaka and Vlad the Impaler...

Just sayin....

Wed, 09/28/2011 - 17:00 | 1719730 Raymond Reason
Raymond Reason's picture

Ah yes, so hard to be cruel, isn't it?  Hurt you more than it hurt him?  So then,  become a contributer gojam, and give us something better. 

Wed, 09/28/2011 - 14:49 | 1719253 kito
kito's picture

i just dont get tylers interest in mr. sighmon black, except maybe for sheer entertainment. maybe we are the ones getting bread and circuses!!!

Wed, 09/28/2011 - 15:39 | 1719428 Moe Howard
Moe Howard's picture

I did it for you. No need to thank me.

Wed, 09/28/2011 - 16:00 | 1719499 Capitalist Sooner
Capitalist Sooner's picture

As I sit here in my cubicle, pondering the future, I enjoy reading about his exploits.  It may not be your idea of how to go about it, and he may be selling something, but it's nice to read about those out there doing more than I can manage at this point.

I did change careers, pay off most debt, buy some guns, and start buying silver, but that's all I can really do right now.  Next spring I will be planting my first garden, ever.  Good luck to him, and to you all.

Wed, 09/28/2011 - 20:03 | 1720293 buck4free
buck4free's picture

Concur.

Wed, 09/28/2011 - 21:43 | 1720562 ping
ping's picture

You're nice. I disagree with you but I vote you 1 point.

Wed, 09/28/2011 - 14:06 | 1719064 Steroid
Steroid's picture

They must have known you were heading for the coin shop!

They pull all stops to prevent you from undermining their economic system.

Wed, 09/28/2011 - 14:35 | 1719187 Deadpool
Deadpool's picture

at 10% spot they should have lighted his path with a fucking helicopter spot light...what a dope. Kuggs can be had for 2.5% and Eagles for 5%. guess when the money comes free from your trust fund and travel is payed for and a write off premiums don't matter. 

Wed, 09/28/2011 - 14:06 | 1719067 Apply Force
Apply Force's picture

Corrupt .gov's all around - agreed South Africa (recent blackouts), SE USA (recent blackouts), and even your Chile. Simon (recent blackouts).  So is it corruption alone, or would the recent high activity of the sun maybe have a little  something to do with electrical currents and blackouts....?

Which correlation is best?

Wed, 09/28/2011 - 21:44 | 1720564 ping
ping's picture

Corruption. That's way best. Worldwide. 

Wed, 09/28/2011 - 23:18 | 1720733 trav7777
trav7777's picture

do you REALLY expect trappings of civilization in a country that's been blacked out like RSA?  GTFO here...

Wed, 09/28/2011 - 14:08 | 1719077 kaiserhoff
kaiserhoff's picture

African democracy:  one man, one vote..., once.

Wed, 09/28/2011 - 14:54 | 1719271 Rodent Freikorps
Rodent Freikorps's picture

Jumbo Shrimp...etc...

Wed, 09/28/2011 - 14:11 | 1719078 fdisk
fdisk's picture

"Government Corruption Causes" Silver and Gold collapse.

Reality Check: Silver 29.60

Wed, 09/28/2011 - 15:48 | 1719468 snakeboat
Wed, 09/28/2011 - 14:08 | 1719081 Trimmed Hedge
Trimmed Hedge's picture

Gold & silver are great stores of value.

They are also great "flight-to-safety" assets to hold.

 

The silver I bought at $50 is testament to these facts.

Wed, 09/28/2011 - 14:14 | 1719105 fdisk
fdisk's picture

Sure, I see how people flying to safety now, selling this crap

left and right like some pinksheet stock.

Wed, 09/28/2011 - 14:54 | 1719208 SilverIsKing
SilverIsKing's picture

Funny.  Good one.

 

Added for emphasis -----> DOUCHEBAG!

Wed, 09/28/2011 - 14:25 | 1719147 WonderDawg
WonderDawg's picture

I love subtle sarcasm. Almost missed it.

Wed, 09/28/2011 - 14:27 | 1719148 monopoly
monopoly's picture

Agree, and what about the silver that was bought at 10, 15, 20, or 25 and did you get a little gold at 800, 1,100, 1,300 or 1,500. If so you are one smart person. Well done.

Wed, 09/28/2011 - 14:10 | 1719086 LongSoupLine
LongSoupLine's picture

Wow, for a second I thought the title was:

"Government Corruption Causes Massive Blackrock"

...to which I thought..."duh"

Wed, 09/28/2011 - 14:12 | 1719091 A Lunatic
A Lunatic's picture

You can't eat scenery.

Wed, 09/28/2011 - 14:14 | 1719093 Ruffcut
Ruffcut's picture

It is getting a little deeper that "almost insulting".

I've felt insult, for some time now. Pickpocketed... that kinda  stuff.

Wed, 09/28/2011 - 14:13 | 1719097 jal
jal's picture

Corruption is the wrong word.

It should be "Unbridled capitalism."

 

jal

Wed, 09/28/2011 - 14:24 | 1719144 packman
packman's picture

perhaps you could expound how a state-owned power grid (Eskom) is considered "unbridled capitalism"

Wed, 09/28/2011 - 14:28 | 1719156 DoChenRollingBearing
DoChenRollingBearing's picture

@ jal

Red for not understanding corruption nor capitalism.

Wed, 09/28/2011 - 14:32 | 1719174 disabledvet
disabledvet's picture

I prefer the term "refreshingly honest corruption." I mean WTF? We've spent a trillion on "things" this past year and still no Donald Trump Moon Hotel? Where's our Bill Gates lite-saber then? How about the Jamie Dimon deflector shield that we were promised? Unbridled indeed.

Wed, 09/28/2011 - 14:58 | 1719278 Rodent Freikorps
Rodent Freikorps's picture

Didn't someone do a study that simply paying corrupt foreign bureaucrats to okay a building project was less expensive than all the costs of our honest rules, regs and bureaucrats? Not to mention avoiding the green lawfare crowd.

Wed, 09/28/2011 - 14:33 | 1719178 NotApplicable
NotApplicable's picture

Funny how something can be considered unbridled when it is actually bridled to the point of killing it.

Take away these barriers to entry for competitors and you'd see the business world go from criminal to productive in the blink of an eye.

Only in a bridled world are there such a thing as blackouts. In an unbridled world, humans would work cooperatively to meet this unmet human need.

Wed, 09/28/2011 - 14:13 | 1719098 There is No Spoon
There is No Spoon's picture

what is this relentless pumping of a settlement in Chile? The government there certainly did not leave people alone in the 70's unless you mean that they disappeared everyone in the room but you.

Wed, 09/28/2011 - 14:31 | 1719121 Deadpool
Deadpool's picture

vested interest + subscriber base (plus ZH enabling) + one born every minute = pay day for Tin Tin

 

I hear tell Doug Casey is a partner so he's bank rolled too.

Wed, 09/28/2011 - 15:14 | 1719338 Pure Evil
Pure Evil's picture

what is this relentless pumping of a settlement in Chile?

 

He's hoping to get about 900 folks together for a Koolaid party to be held 12/21/2012.

Wed, 09/28/2011 - 15:43 | 1719454 Moe Howard
Moe Howard's picture

I understand that they let everybody into the soccer stadium without charge, though, doesn't that count for something?

Wed, 09/28/2011 - 14:13 | 1719102 Vinny
Vinny's picture

Oh not you again with that Chilean silo or some ecodome nonsense.

Wed, 09/28/2011 - 15:01 | 1719288 Rodent Freikorps
Rodent Freikorps's picture

Speaking of silo homes, US sites are pretty cheap.

http://www.missilebases.com/properties

 

Wed, 09/28/2011 - 21:32 | 1720540 Vlad Tepid
Vlad Tepid's picture

Maybe the buyers will be lucky and the Russians have since retargeted their ICBMs.

Wed, 09/28/2011 - 14:14 | 1719106 pcrs
pcrs's picture

politicians will never leave you alone for long, at least not as long as you have a smile on your face.

Wed, 09/28/2011 - 15:02 | 1719294 Big Corked Boots
Big Corked Boots's picture

Or a copper in your pocket.

Wed, 09/28/2011 - 16:24 | 1719559 Going Loco
Going Loco's picture

Only in London can you have a copper in your pocket, and then only if you work(ed) at the NoW

Wed, 09/28/2011 - 21:48 | 1720567 ping
ping's picture

Zing!

Wed, 09/28/2011 - 14:15 | 1719108 Conax
Conax's picture

I was driving along, thinking whether I would buy krugerands or eagles, when the silly lights went out.

All the proles were surprised, but not me. Government corruption is bad, mm-kay?

Now don't forget I'm really rich and have so much fun every day. I wish I was me, oh yes, that's right, I am..

Wed, 09/28/2011 - 14:30 | 1719164 DoChenRollingBearing
DoChenRollingBearing's picture

Just don't pay 10% over spot like Simon!

Wed, 09/28/2011 - 14:36 | 1719189 disabledvet
disabledvet's picture

Or Mexico...which apparently paid 100% over, well...every price for gold. It's okay...they can still SAY they bought ten tons.

Wed, 09/28/2011 - 14:15 | 1719110 NEOSERF
NEOSERF's picture

Nice to see someone taking real action, agree with you that in the Western world these types of things will be slower to come and more insidious but taxes that are funneled off to pay for medicare, social security and interest on projects already completed are a drain on the growth of any nation.  Remember the 70s when rolling brownouts occurred and everyone in the family knew where you kept the candles...coming to a world near you in the next 10 years...especially when countries continue to turn off their nuclear plants...

Wed, 09/28/2011 - 14:16 | 1719112 Deadpool
Wed, 09/28/2011 - 14:25 | 1719145 NidStyles
NidStyles's picture

That's the weak spot of Chile for me. What's the point of being free if you have to tell the Government everything you do to make sure you stay free.

Wed, 09/28/2011 - 14:37 | 1719199 DoChenRollingBearing
DoChenRollingBearing's picture

Dead, Nid,

I just checked Peru (my option out), they have some burdensome regulations too, but not a deal breaker.

Unless Humala changes the laws and confiscates the guns (in Peru they must all be registered with their .gov).

Wed, 09/28/2011 - 14:17 | 1719115 New American Re...
New American Revolution's picture

Hey, SIMPLE SIMON, KISS MY A$$!!!   Jesus, Tyler, if you're not getting tired of hearing this blow hard, everyone else is.

Wed, 09/28/2011 - 21:34 | 1720550 Vlad Tepid
Vlad Tepid's picture

It's possible "Simple Simon" is one of the Tylers...that's all that could account for Mr. Black's stuff appearing in the unpaid portion of the blog...

Wed, 09/28/2011 - 14:19 | 1719123 packman
packman's picture

Gee - who would have thought that a political system that has communist roots would be corrupt?

<rolleyes>

It's the same old story repeated over, and over, and over again.  Take one somewhat corrupt regime - replace it with another regime that's supposedly "for the people" (but underlying is really communist) stir via revolution (peaceful or otherwise), and voila - a rotting stinkpile of a country for decades.

 

Wed, 09/28/2011 - 14:49 | 1719257 Vergeltung
Vergeltung's picture

SA used to be a great place.

 

Wed, 09/28/2011 - 16:52 | 1719690 packman
packman's picture

P.S. Don't believe for a second that this won't happen to most if not all of the "Arab Spring" countries in the coming months and years.

See: Iran

 

Wed, 09/28/2011 - 14:19 | 1719124 LFMayor
LFMayor's picture

That thriving community will be an idyllic paradise, until the next Pizzarro shows up with a couple of truckloads of FN-FAL's.

Be sure to have the ice machine in order, so you can wow him with your tech voodoo.

Wed, 09/28/2011 - 14:21 | 1719135 countryman
countryman's picture

If i wipe my ass with a cat or tree rat,wud that b considered goin Green an helpin the prob?

Wed, 09/28/2011 - 14:37 | 1719197 Ruffcut
Ruffcut's picture

I sure hope you are talking about using your cat, and not mine.

Wed, 09/28/2011 - 14:22 | 1719137 fdisk
fdisk's picture

GOLD under 1600..

Wed, 09/28/2011 - 14:42 | 1719225 SilverIsKing
SilverIsKing's picture

I'll take DOUCHEBAG for 800 Alex

Wed, 09/28/2011 - 17:44 | 1719899 swissbene
swissbene's picture

doh missed it.  waiting for 1500 anyway...

Wed, 09/28/2011 - 14:24 | 1719141 High Plains Drifter
High Plains Drifter's picture

i listen to a guy on the radio that is named robby noel. a couple of years ago, after about 30 years in the states , got the bright idea he wanted to move back to south africa, he was originally born in rhodesia but he and his family moved to south africa not long i guess after the communist took over and changed the name to zimbabwe. anyway, he moved back because he wanted to die in the country of his birth. he said it was a african thing and that we would not understand. so he moved. he was still online on his website sporadically after this. the next thing you know, he is back on the radio broadcasting live from baja mexico. he went  back. he didn't like it. it is not a nice place for the white boys anymore. he found this out very quickly. and so he moved to mexico. he should have asked hpd. i would have told him what's up and he could have saved all of that wasted money and effort on a fruitless expedition to a place that no longer existed except only in his mind. 

http://www.youtube.com/watch?v=qGOPVhQ5rhs

Wed, 09/28/2011 - 21:52 | 1720573 ping
ping's picture

I guess what we can all take away from this is: fuck the blacks.

(Vote me down. I don't give a shit. Just remember you're sucking Obama's balls when you do it.)

Wed, 09/28/2011 - 14:26 | 1719143 Deadpool
Deadpool's picture

Around 11:15 this morning, I left my flat and headed towards the Scottsdale Cape Town Wal Mart Gold Coin Exchange to check out their Lee jeans kruggerrand prices today.

(Note: They charge around 10% over Target spot, and have not questions return policy buy coins for about 1% over spot. This is inclusive for all major brands coins that they carry. They have Lee, Levi and Guess kruggerrands, eagles, and maple leaf coins in stock.)

I was sitting on the curb out front the 7-eleven at a red light not too far from the new Cardinal's football stadium they built for last year’s World Cup tournament, when suddenly all the traffic lights went out. I thought it was just a weird anomaly, so I started crying proceeded cautiously.

Wed, 09/28/2011 - 14:48 | 1719250 High Plains Drifter
High Plains Drifter's picture

yeh i think its  a great idea to go buy bullion in south africa. when you go walk into a shop some kaffir thugs are out there watching you and waiting....yeh sure.....i say bullshit on this story....

Wed, 09/28/2011 - 15:00 | 1719284 pods
pods's picture

Have to agree HPD.  What the hell would someone who is worried about gov corruption and safety be doing in S. Africa to begin with?  Then DRIVE to go and buy bullion?

pods

Wed, 09/28/2011 - 14:27 | 1719150 defencev
defencev's picture

Since this website is about predictions, let me make one but very bold. This guy, Simon Black, knows what he is doing. The goal is to sell to as many suckers as possible "the retreat" in Chile and use gained funds to live the rest of the life in ...Pattaya. That is the place where he can get as much sex as he can handle and that is the only thing he really cares about...

Wed, 09/28/2011 - 14:40 | 1719217 pazmaker
pazmaker's picture

well first off...HE maybe a SHE .   Hammondo posted this on one of Simon Black(or should I say Ragini Dahnvantray) so I can't take credit for it, but check this out

 

http://thesurvivalpodcast.com/forum/index.php?topic=16683.0

 

 

So the question is....who is Simon Black???   or Ragini Dahnvantray????

Wed, 09/28/2011 - 16:20 | 1719553 ronin12
ronin12's picture

I went to his offshore workshop in Panama - definitely is a HE.

He and his partner seem like overall good people from what I could tell. They are businessman, entrepreneurs and look for opportunities everywhere.

Having said that, personally I thought the guy took himself a bit too seriously. He's a young guy so maybe he overcompensates for fear of not being taken seriously because of his age.

I do get a little tired of his columns as they seem to cover on the same things over and over. Although, if I had to come up with something new to write every single day, I would probably repeat myself quite a bit as well.

 

 

Wed, 09/28/2011 - 14:28 | 1719152 MethodMan
MethodMan's picture

A collapse to a post-peak-oil agrarian society will put farmers near the bottom of society, like they always have been. At the top will be your local warlord who will hoard energy for his troops and tax your production for his protection. So if that situation occurs -- unless the author knows how to enforce his will on his serfs on "his" land, and wants to integrate with that local life-or-death feality system -- it is safe to say his investment will evaporate.

Wed, 09/28/2011 - 21:41 | 1720561 Vlad Tepid
Vlad Tepid's picture

In agrarian societies, merchants are always on the bottom rung.  They neither lead, nor fight, nor build, nor grow - just consume a percentage of everyone else's labor.  The hey-day for the latter day merchants may be drawing nigh.  BTW, the local warlord was merely the largest landowner/farmer.  Make sure you're him.

Wed, 09/28/2011 - 14:29 | 1719158 ShoeShineBoy
ShoeShineBoy's picture

is this guy insane? saying he ws in cape town this morning at around 11.15am in the very first paragraph while also talking about what he did yesterday in chile in th very last? now, don't tell me the lousy explanation of oh yeah there is this thing called flight etc.. there is something definitely moronic here.

Wed, 09/28/2011 - 14:41 | 1719213 NotApplicable
NotApplicable's picture

He travels non-stop. What he's running from I'm not sure. He talks as if it is government, yet he interacts with more governments than anyone I've ever seen.

Looks to me like he's chasing his tail.

Wed, 09/28/2011 - 14:44 | 1719235 SilverIsKing
SilverIsKing's picture

You are assuming that the articles were published the day they were written.

Wed, 09/28/2011 - 15:07 | 1719308 Trimmed Hedge
Trimmed Hedge's picture

He is also assuming that the articles are not works of fiction....

Wed, 09/28/2011 - 14:30 | 1719162 JW n FL
JW n FL's picture

 

 

Uploaded by on Sep 28, 2011

Sep 27, 2011 - Freedom Fighters Chris Cotter, Nancy Skinner, and Lenore Hawkins on the FED's plans to monitor the Internet.

http://www.youtube.com/watch?v=ywMyA_Bw8kI

 

The FED data Mining the internet for anti-FED or other info.

Wed, 09/28/2011 - 14:43 | 1719226 DoChenRollingBearing
DoChenRollingBearing's picture

Green!

Does that mean:

1)  Better hide yourself, JW?  Or have your long guns ready?

2)  Better shut down my blog?

Guns and gold...

Wed, 09/28/2011 - 17:10 | 1719719 JW n FL
JW n FL's picture

 

 

Thank God for the Job creators doing ALL THAT GOD's WORK!!

  

I was concerned.. like load'em up and be ready for the FED's Black Choppers.. but I have since learned that the FED like the SEC will be destroying all evidence or shredding all files as soon as they put together any damming evidence..

so, every day or week we will have a clean slate with no chance of the FED of ever developing a large body of evidence to use against us!

of course I might have been lied to?

I say FUCK "THE FEDERAL RESERVE BANK"!

If a Federal Judge would like to provide a Private Corporation a Warrant for me in any form?? I wish them ALL! the luck in the World in executing said warrant(s) on me or my properties!

http://www.google.com/#sclient=psy-ab&hl=en&source=hp&q=warrant+Federal+Reserve+Bank&pbx=1&oq=warrant+Federal+Reserve+Bank&aq=f&aqi=&aql=1&gs_sm=e&gs_upl=6l5560l2l5885l22l21l1l3l3l0l225l2258l5.9.3l21l0&bav=on.2,or.r_gc.r_pw.r_cp.&fp=3f224878f1656294&biw=1920&bih=946

It looks like the warrants that the FEDERAL RESERVE BANK is capable of issuing are not the kind we are worried about..

NOW!!! if the Federal Reserve Bank somehow can motivate other (real) federal Agencies?? that may be an issue.. but once again, I will die with a Clear Conscience! as a Privately Held Corporation Hires / Bribes Government Personal to inflict it's will upon Private Citizens.

On October 12, 2010 President Barack Obama signed into law S.B. 1132 the "Law Enforcement Officers' Safety Act Improvements Act", which states that police officers and law enforcement officers of the Federal Reserve are "qualified law enforcement officers" and thus are authorized to carry a firearm off-duty. This update to the Law Enforcement Safety Act, among other aspects, clarified that Federal Law Enforcement Officers working for Amtrak and the Federal Reserve (not funded by Congress) are specifically granted the same rights as publicly funded law enforcement officers as it relates to off duty concealed carry.

http://en.wikipedia.org/wiki/Federal_Reserve_Police

But??

BUT??

BUTT!!

How can that be??? they have share holders? the big banks on wall street are the share holders... they earn 6% interest..

"O" That's right.. Wall Street owns the United States.. most people don't care because they are complicit in the Crime that is Wall Street!

 

America is Bought and Paid for.. it is controlled by the people with the largest lobby, no matter who gets elected.. look at the good lil house nigger Obama.. walking George (the Monkey) Bush's path of destruction.

 

Doesn't anyone find it unusual that NO Monies are being used to repair America's infrastructure.. and all this control bullshit is being allowed.. it is almost like Government is trying to piss of "We the People" it is almost as if the government wants there to be problems.. the Government spends more time stirring the pot that Working to fix any problems..

 

A Liberal Black Guy AGAINST the War(s).. has yet to bring anyone home? has done NOTHING for Job's or the Unions? and keeps giving Wall Street Trillions??

SO you think that Government doesnt want civil unrest? that's why all those kids are getting beat on Wall Street for noooooo reason with camera's everywhere!

http://www.youtube.com/watch?v=meT8CJgEBQw

 

Everyone who doesn't understand the numbers of Population Control should really get a fucking pencil out and do some simple math, let this old fucker help you along if you are to fucking dense to pull off the exercise by yourself.

 

The Most IMPORTANT Video You'll Ever See (part 1 of 8)

http://www.youtube.com/watch?v=F-QA2rkpBSY

 

and if AL doesn't make a case clear enough, let Bill Gates help!

 

Bill Gates-Population Reduction Agenda of the Earth

http://www.youtube.com/watch?v=6mwYXbdQYN8&feature=related

 

or if Bill Gates alone doesn't bring it quite into view let Rockefeller help!

and if that doesn't work for you, then you are part of the problem.

 

David Rockefeller Speech on Population Control

http://www.youtube.com/watch?v=ZTEorS4yWt0

 

 

Wed, 09/28/2011 - 14:32 | 1719170 pazmaker
pazmaker's picture

Ragini...is that you!!???    Is that you RAGINI  DAHNVANTRAY????????

Wed, 09/28/2011 - 14:35 | 1719185 SoNH80
SoNH80's picture

South Africa, a badly-managed economic basket case?  Who'd a thunk it, Simon Black?

What's next?  Bangladesh badly overpopulated, prone to flooding

Mongolia without deep-water ports, may negatively impact mineral exports

Mexico suffering from criminal violence

Canada very cold in the winter, outside of coastal British Columbia

"Central Chile" not the best place to weather the apocalypse, especially when a 50-year drought sets in

Wed, 09/28/2011 - 14:38 | 1719203 SoNH80
SoNH80's picture

Come to think of it, this "Simon Black" might be the "Mr. Black" that Krusty the Clown hired:

"Hey kids!  Welcome to Kamp Krusty!  Be sure to listen to my good friend, MR. BLACK, he's sure to show you some good times, and here's MR. BLACK....."  'Hello children, I'm Mr. Black..."

 

Wed, 09/28/2011 - 14:44 | 1719230 Deadpool
Deadpool's picture

Mr. Pink: I'm very sorry the government taxes their tips, that's fucked up. That ain't my fault. It would seem to me that waitresses are one of the many groups the government fucks in the ass on a regular basis. Look, if you ask me to sign something that says the government shouldn't do that, I'll sign it, put it to a vote, I'll vote for it, but what I won't do is play ball. And as for this non-college bullshit I got two words for that: learn to fuckin' type, 'cause if you're expecting me to help out with the rent you're in for a big fuckin' surprise.

Wed, 09/28/2011 - 14:45 | 1719239 Deadpool
Deadpool's picture

Mr. Pink: You're acting like a first year fucking thief! I'm acting like a professional!

Wed, 09/28/2011 - 15:41 | 1719441 OpenEyes
OpenEyes's picture

(Homer Simpson) "Mmmmmm Chile"

Wed, 09/28/2011 - 14:35 | 1719188 falak pema
falak pema's picture

I have a friend in third world MENA, he says this type of situation is common. Electricity outages are common. You better be rich and have a home generator. And a freezer and all the rest. 

Wed, 09/28/2011 - 14:47 | 1719244 DoChenRollingBearing
DoChenRollingBearing's picture

I have in-laws in Peru.  Yes, electric blackouts are common there.  They cut off the water too.  You have to roll with the punches.

If you have money and are OK with the local culture (speak the language, like the food, etc.), then Chile and Peru are OK if you want out of the USA.

But, you lose a lot of Americana (bookstores...) living "over there".

Wed, 09/28/2011 - 14:39 | 1719206 Segestan
Segestan's picture

Coming to a socialist utopia near you.

Wed, 09/28/2011 - 14:42 | 1719224 anony
anony's picture

Sorrry , but you're a bit misguided that money doesn't change hands here in america, that the corruption is more subtle.

Case in point: Hank "the Shank" Paulson and theBenbernank, in broad daylight hnaded and still handing over to their banking buddies trillions of dollars right in front of us and threatening to destroy our economy if we so much as make a peep.

Notwithstanding your corruption, ours is every bit as blatant, and a Mass Media does all it can to avoid rooting out the other flagrant abuses of power, and allowing the names of the perpeTRAITORS to slip away out of our sight.

 

Wed, 09/28/2011 - 18:11 | 1719998 swissbene
swissbene's picture

also campaign contributions

Wed, 09/28/2011 - 14:43 | 1719229 FutureShock
FutureShock's picture

Ok I'm in FL where can I get gold close to spot in small amounts? Apmex and Kitco are too high now.

Wed, 09/28/2011 - 14:48 | 1719247 Deadpool
Deadpool's picture

check the fillings at your nearest Sunrise Retirement Home.

Wed, 09/28/2011 - 14:48 | 1719252 DoChenRollingBearing
DoChenRollingBearing's picture

Call coin shops in your nearest big city.  You will probably pay some 5% - 6% over spot for small amounts (1 oz for example).

Wed, 09/28/2011 - 14:53 | 1719269 Trimmed Hedge
Trimmed Hedge's picture

What, is 10% over spot too much for you?

Don't you want your dealers to be extremely profitable??

Wed, 09/28/2011 - 15:27 | 1719394 Hannibal
Hannibal's picture

Try, Spotmex.com

Wed, 09/28/2011 - 14:44 | 1719232 JohnFrodo
JohnFrodo's picture

I realize Chile is not Argentina, but there are enough common factors to make one wonder if New Zealand is not the best place to watch the apocoplyse.

http://ferfal.blogspot.com/

Wed, 09/28/2011 - 14:44 | 1719236 Logans_Run
Logans_Run's picture

Is it SimonTown or BlackTown or yet Sovereign Town? Where is the koolaid?

Wed, 09/28/2011 - 14:49 | 1719254 Smiddywesson
Smiddywesson's picture

You cannot predict the collapse.  It will either come completely with no warning, or fail to show up, for months and months, as you squat in your shack in Columbia.  Are you willing to chuch your life and your job and wait for an indefinite amount of time for society to fail?  That is what you are buying when you are purchasing a hidey hole in another country.  If you aren't there when the end of the current system comes, you can't get there.  If you are there, Murphy's Law says the end won't come.

Wed, 09/28/2011 - 14:49 | 1719256 PulauHantu29
PulauHantu29's picture

Solyndra has a Plan for you...just wait.

Wed, 09/28/2011 - 14:50 | 1719258 viv_savage
viv_savage's picture

Simon,

When you do drink beer, do you prefer dos equis?

Wed, 09/28/2011 - 14:53 | 1719267 pazmaker
pazmaker's picture

Nope,  She prefers  Hadia...don't you Ragini?

Wed, 09/28/2011 - 14:51 | 1719261 Matevski
Matevski's picture

Looks like the margin hikes are being raised on gold/silver again. Hit the buy button folks!

Wed, 09/28/2011 - 14:51 | 1719262 Fanakapan
Fanakapan's picture

How could it have been any different once it was decided to put the Schwartze in charge of things ?  and if memory serves, the Yanks played a big part in winding up the Formerly Productive white minority rule zones of Southern Africa  :)

Wed, 09/28/2011 - 14:54 | 1719268 Shvanztanz
Shvanztanz's picture

Talk about creeping government corruption:

I just moved to a new state, went to DMV, presented my current, valid state license, less than 3 years old as ID

Found out DHS instituted requirements that a passport AND social security card are required to establish identity.

Apparently DHS does not trust its own states to verify a person's identity. 

AND/OR the DHS is on the look out for terrorists who have already acquired valid state driver's licenses 

and are attempting to get other state driver's licenses. 

Tax dollars hard at work. And we laughed at how Russians used to need govt. papers to travel anywhere or do anything.

Wed, 09/28/2011 - 15:34 | 1719415 SamAdams1234
SamAdams1234's picture

Wecome to New AmeriKa. First you start with cold water and a frog. they.... oh you finish the rest.

Wed, 09/28/2011 - 16:12 | 1719533 Moe Howard
Moe Howard's picture

You should have told them you are a campaseno from Mexico. They don't need no stinkin' papers. Just the native born gringos do.

Wed, 09/28/2011 - 16:28 | 1719579 BigJim
BigJim's picture

I was under the impression most Americans don't have passports - what are they supposed to do?

Get a passport first, I guess. I can just imagine that conversation:

"I'd like to apply for a passport."

"Certainly, sir/madam. May I see your driving license?"

Wed, 09/28/2011 - 14:55 | 1719274 pods
pods's picture

So why would someone who claims to be worldly EVER go to S. Africa?

Coming soon, Simon Black's excellent adventures, only on the Travel Channel.

pods

Wed, 09/28/2011 - 15:03 | 1719296 ded_moroz
ded_moroz's picture

They say that after 20 years of socialism you wouldn't be able to find sand on a desert.

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