Guest Post: Illusion Of Recovery - Feelings Versus Facts

Tyler Durden's picture

Submitted by Jim Quinn of The Burning Platform

Illusion Of Recovery - Feelings Versus Facts

“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as the final and total catastrophe of the currency involved.” – Ludwig von Mises

 

The last week has offered an amusing display of the difference between the cheerleading corporate mainstream media, lying Wall Street shills and the critical thinking analysts like Zero Hedge, Mike Shedlock, Jesse, and John Hussman. What passes for journalism at CNBC and the rest of the mainstream print and TV media is beyond laughable. Their America is all about feelings. Are we confident? Are we bullish? Are we optimistic about the future? America has turned into a giant confidence game. The governing elite spend their time spinning stories about recovery and manipulating public opinion so people will feel good and spend money. Facts are inconvenient to their storyline. The truth is for suckers. They know what is best for us and will tell us what to do and when to do it.

The false storyline last week was the dramatic surge in new jobs. This fantastic news was utilized by the six banks that account for 80% of the stock market trading to propel the NASDAQ to an eleven year high and the Dow Jones to a four year high. The compliant corporate press did their part with blaring headlines of good cheer. The entire sham was designed to make Joe the Plumber pull out one of his 15 credit cards and buy a new 72 inch 3D HDTV for this weekend’s Super Bowl. When you watch a CNBC talking head interviewing a Wall Street shyster realize you have the 1% interviewing the .01% about how great things are.

What you most certainly did not hear from the MSM is that the NASDAQ is still down 42% from its 2000 high of 5,048. None of the brain dead twits on CNBC pointed out the S&P 500 is trading at the exact same level it reached on April 8, 1999. Twelve or thirteen years of zero or negative returns are meaningless when a story needs to be sold. On Friday the hyperbole utilized by the media mouthpieces was off the charts, leading to an all-out brawl between the critical thinking blogosphere and the non-thinking ”professionals” spouting the government sanctioned propaganda. Accusations flew back and forth about who was misinterpreting the data. I found it hysterical that anyone would debate the accuracy of BLS (Bureau of Lies & Swindles) data.

The drones at this government propaganda agency relentlessly massage the data until they achieve a happy ending. They use a birth/death model to create jobs out of thin air, later adjusting those phantom jobs away in a press release on a Friday night. They create new categories of Americans to pretend they aren’t really unemployed. They use more models to make adjustments for seasonality. Then they make massive one-time adjustments for the Census. Essentially, you can conclude that anything the BLS reports on a monthly basis is a wild ass guess, massaged to present the most optimistic view of the world. The government preferred unemployment rate of 8.3% is a terrible joke and the MSM dutifully spouts this drivel to a zombie-like public. If the governing elite were to report the truth, the public would realize we are in the midst of a 2nd Great Depression.

 

The unemployment rate during the Great Depression reached 25%. Without the BLS “adjustments” the real unemployment rate in this country is 23%. Cheerleading and packaging the data in a way to mislead the public does not change the facts:

  • There are 242 million working age Americans. Only 142 million Americans are working. For the math challenged, such as CNBC analysts, that means 100 million working age Americans (41.5%) are not working. But don’t worry, the BLS says the unemployment rate is only 8.3%. Things are going so swimmingly well in this country the other 33.2% are kicking back enjoying the good life.
  • The labor force participation rate and employment to population ratio are at 30 year lows. The number of Americans supposedly not in the labor force is at an all-time record of 87.9 million. A corporate MSM pundit like Steve Liesman would explain this away as the Baby Boomers beginning to retire. Great storyline, but the facts prove that old timers are so desperate for cash they have dramatically increased their participation in the labor market.

 

  • The data being dished out by the government on a daily basis does not pass the smell test. The working age population since 2000 has grown by 30 million people. The number of people working has grown by only 4.7 million. A critical thinker would conclude the unemployment rate should be dramatically higher than the reported 8.3%. But the government falsely reports the labor force has only increased by 11.8 million in the last eleven years. They have the gall to report that 17.9 million Americans just decided to leave the workforce. The economy was booming in 2000. It sucks today. Don’t more people need jobs when times are tougher? The Boomers retiring storyline has already proven to be false. The fact that 46 million (15% of total population) people are on food stamps is a testament to the BLS lie. A look at history proves how badly the current figures reek to high heaven:
    • 2000 to 2011 - Not in Labor Force increased by 17.9 million.
    • 1990?s – Not in Labor Force increased by 5 million.
    • 1980?s – Not in Labor Force increased by 1.7 million.
  • The Not in the Labor Force category is utilized to hide how bad the employment situation in this country really is. They conclude that 17 million out of 38 million Americans between the ages of 16 and 24 are not in the labor force. That is complete bullshit. From the time I turned 16, I worked. Everyone I knew worked. I worked through high school and college. It is a lie that 45% of these people don’t want a job. If you dig into their data, you realize the horrific state of employment in this country:
    • 74% of 16 to 19 year olds are not employed
    • 85% of black 16 to 19 year olds are not employed
    • 31% of black 25 to 54 year old men are not employed
    • 40% of 20 to 24 year olds are not employed
    • 22% of 25 to 29 year old males are not employed
    • 22% of 50 to 54 year old males are not employed
    • According to the BLS, 11% of men between 25 and 54 are not in the labor force

Not only is real unemployment at Depressionary levels, but those that do have jobs are falling further and further behind. Wages have gone up less than 2% in the last year and have been rising at an annual rate below 3% for the last four years. According to our friends at the BLS, inflation has risen 3% in the last year. This is almost as ludicrous as their unemployment rate. Anyone living in the real world, as opposed to the BLS model world, knows that inflation on the things we need to live has been rising in excess of 10%. It is a fact that if you measure CPI exactly as it was measured in 1980, at the outset of our great debt inflation, it exceeds 10% versus the fake 3% reported without question by the MSM to a non-thinking public. A poor schmuck making the median salary of $25,000 who gets a 2% raise thinks he has $500 more to spend when in reality he has lost $2,000 of purchasing power. Federal Reserve created inflation is an insidious hidden tax that destroys the 99%, while enriching the 1%.

Until Debt Do Us Part

“Insanity is doing the same thing, over and over again, but expecting different results.”Albert Einstein

The recovery storyline being touted by the oligarchy of politicians, bankers and media is designed to make consumers feel better. This is a key part of their master plan. Any honest assessment of the financial disaster that struck in 2008 would conclude it was caused by too much debt peddled to too many people incapable of paying it back, too few banks having too much power, the Federal Reserve keeping interest rates too low for too long, and that same Federal Reserve doing too little regulating of the Too Big To Fail Wall Street mega-banks. I wonder what Albert Einstein would think about the “solutions” rolled out to fix our debt problem. Would he find it insane that total credit market debt has actually risen to an all-time high of $53.8 trillion, up $533 billion from the previous 2008 peak? Our leaders have added $6.1 trillion to our National Debt in the last four years, a mere 66% increase. This unprecedented level of borrowing certainly did not benefit the American people, as real GDP has risen by $96 billion, or 0.7%, over the last four years.

Would Einstein find it insane that the governing elite would encourage the 4 biggest banks, that were the main culprits in creating a worldwide financial collapse, to actually get bigger? The largest banks in the U.S. now control 72% of all the deposits in the country versus 68.5% in 2008. The Too Big To Fail are now Too Bigger To Fail. Rather than liquidating the bad debts, breaking up the insolvent banks, selling off the good assets to well run banks, firing the executives, and wiping out the shareholders & bondholders foolish enough to invest in these badly run casinos, the powers that be chose to protect their fellow .01% brethren and throw the 99% under the bus.

Ben Bernanke, in conjunction with Tim Geithner and his masters on Wall Street, implemented a zero interest rate policy designed to enrich the Wall Street banks, force investors into the stock market, and encourage Americans to borrow and spend like it was 2005 again. Rather than accepting that our economy has been warped for decades, with over-consumption utilizing debt as the driving force, and allowing a reset, the Federal Reserve insanely encouraging banks and consumers to do the same thing again. We do know Bernanke has stolen $450 billion of interest income going to savers and senior citizens and handed it to Jamie Dimon, Vikrim Pandit, Lloyd Blankfein and the rest of the Wall Street cabal. The “austerity is bad” storyline is pounded home on a daily basis by the politicians, corporate chieftains, Wall Street billionaires, and MSM pundits. The definition of austere is “practicing great self-denial”. Did you see the mob scenes on Black Friday? Americans are incapable of any self-denial, let alone great self-denial, and the masters of our country will not allow it to happen. One look at our GDP figures confirms the non-austerity occurring in this country. In 2007, prior to the collapse, consumer spending accounted for 69.7% of GDP. Today, consumer spending accounts for 71% of GDP, with investment accounting for 12.7% of GDP. In the good old days of 1979 prior to the epic debt bubble, when the financial industry do not run this country, consumer spending accounted for 62% of GDP and investment accounted for 19% of GDP. What an insane concept. You spend less than you make and save the difference. You then invest that money where you can get a reasonable return (.15% in a money market account is not exactly reasonable).

As Ludwig von Mises pointed out, a false boom created by credit expansion will ultimately collapse. We had the chance in 2008 – 2009 to voluntarily abandon the Wall Street induced credit expansion and allow our country to reset. The pain and misery would have been great, especially for the 1% who own most of the stocks, bonds and peddle the debt to the ignorant masses. As you can see in the chart below, the powers that be need debt per employed American to grow at an ever increasing rate to maintain their power and wealth. The miniscule reduction in debt from 2009 to 2011 was unacceptable. The governing powers will not be satisfied until von Mises’ final currency catastrophe is achieved.

Bernanke and his Wall Street puppet masters’ plan is actually quite simple. It’s essentially a confidence game. A confidence game (also known as a con, flim flam, gaffle, grift, hustle, scam, scheme, or swindle) is an attempt to defraud a group by gaining their confidence. The people who commit such tricks are often known as con men, con artists, or grifters. The con man often works with one or more accomplices called shills, who help manipulate the mark into accepting the con man’s plan. In a traditional confidence game, the mark is led to believe that he will be able to win money or some other prize by doing some task. The accomplices may pretend to be random strangers who have benefited from successfully performing the task. Bernanke and the 1% are the con men. They are attempting to defraud the 99% by convincing them their “solutions” will benefit them. The shills acting as accomplices are Wall Street bankers, bought off economists, politicians, journalists, and mainstream media pundits. You are the mark. The game has multiple facets but is based on more freely flowing low interest easy debt. The con man has reduced interest rates to zero at the behest of his puppet masters. The Wall Street accomplices offer enticing financing to the marks for big ticket items like automobiles, furniture and electronics. As the marks go further into debt, the Wall Street shills report record earnings ($26 billion from loan loss reserve accounting entries), consumer spending rises and GDP goes higher. The mainstream media accomplices dutifully report an improving economy. The government accomplices massage the employment and inflation data and declare a jobs recovery with no inflation. The marks are supposed to feel better about the future and spend even more borrowed money. This is what is considered a self-sustaining recovery by the psychopaths running this country.

All you have to do is open your daily paper to see the confidence game in full display. Last week the MSM reported another surge in automobile sales. Our beloved American automobile manufacturers are back baby!!! Automobile sales are now pacing above 14 million on an annual basis. This is up from the depths of the recession in 2009 when the annual rate was below 10 million. We’ve breached the Cash For Clunkers level and there is nowhere to go but up. The storyline is that Obama was right to save GM and Chrysler with your tax dollars. They are now making splendid vehicles (except for the exploding Chevy Volts) and employing millions of Americans. This is a true American comeback success story. Clint Eastwood should do a commercial about it.

There is one little problem with this storyline. It’s bullshit. Remember GMAC? You bailed them out when all their subprime auto and mortgage loans went bad in 2009. They have a brand new business plan. Change your name to Ally Bank and start making as many subprime auto loans as possible. You will be happy to know that according to Experian, 45% of all auto loans being made today are to subprime borrowers. What could possibly go wrong? In addition, the average loan term has grown to almost 6 years. Executives at Ally Financial said that subprime car lending had become “very attractive” because profit margins on the loans more than cover the cost of expected losses from borrowers who fail to repay what they owe. I’m sure they have everything completely under control. Gina Proia, a company spokeswoman, said the company places “greater emphasis on the higher end of the nonprime spectrum” and only lends to people who show they can pay. I can’t believe they are restricting their loans to only people who they think can pay. I’m surprised Obama isn’t condemning them for such restrictive loan terms. If you open your paper to the auto section you will see financing offers of $0 down-payment, and 0% interest for 7 years across the board on most models. But why buy, when you can lease a luxury automobile for $300 per month? It is simply amazing how many vehicles you can “sell” when “credit challenged” Americans can rent them for seven years. I wonder if this explains why I see dozens of $40,000 luxury autos parked in front of $25,000 dilapidated hovels during my daily commute through West Philadelphia. It also seems the Big Three are “selling” a few extra vehicles to their dealers in January as pointed out by Zero Hedge. No need to let a few facts get in the way of a feel good story.

  • Ford month-end inventory 86-day supply at end of Jan. (492k vehicles) vs 60-day supply (466k) as of Dec. 31
  • Chrysler had 83-day supply (349k units) end of Jan. vs 64-day (326k units) as of Dec. 31
  • GM month-end inventory 89-day supply (619k units) vs 67-day supply (583k) Dec. 31

The facts prove the issuance of billions in easy credit is creating the illusion of recovery. Non- revolving (auto & student loans) consumer credit outstanding is now at an all-time high of $1.7 trillion. Even with billions in bad debt write-offs since 2009 the amount outstanding has risen by $100 billion. Does this sound like austerity is gripping the nation? The Federal government is dishing out student loans like candy, as hundreds of thousands of students get worthless degrees from for-profit diploma mills like the University of Phoenix and its ilk. By keeping them occupied in school, the government is able to keep them in the Not in the Labor Force category. Not to be outdone, our friends at GE Capital, Wells Fargo and the other too big to fail entities have been doing their part on the revolving credit side of the scam. I’ve recently been seeing an ad by the largest U.S. furniture retailer, Ashley Furniture, offering 0% interest with no payments for 7 years. I don’t know about you, but my kids destroy a couch in less than 7 years. Wells Fargo Credit doesn’t seem too worried. A critical thinker might ask, how can Wells Fargo possibly make money offering these terms? But there is the rub. Ben Bernanke is loaning Wells Fargo money at 0% so they can perpetuate the confidence game. These insane bankers truly believe they can kick start this moribund debt saturated economy by issuing billions more in debt to people incapable of repaying them. Einstein would be amused.

The McKinsey Group put out a report a couple weeks ago analyzing the amount of American household debt and optimistically concluding that it could be back on a sustainable path by 2013. Mike Shedlock pointed out that sustainable is in the eye of the beholder. It seems the bright fellows at McKinsey haven’t grasped the concept of regression to the mean. First of all their analysis is flawed because real disposable personal income is actually declining and Ben Bernanke’s master scam is working and Americans are now adding to their household debt. The little blue line has turned upwards since they gathered their data. Secondly, as Mish so accurately points out, the sustainable level of household debt is really at the levels prior to the debt bubble that began in the early 1980s. That is a debt level of approximately 70% of disposable personal income, as opposed to the current level of 110%.

The implications of household debt levels regressing to their long-term mean would be catastrophic to the 1%. Their kingdom of debt would come crashing down. Their power and wealth would be swept away. This is why it is so vital for them to create the illusion of recovery. Their confidence game is built upon an ever increasing flow of credit expansion. It will not work. There is no avoiding the final collapse of a boom created solely by credit expansion. Those in power will never voluntarily relinquish their grand game of pillaging the wealth of the nation, so economic collapse will be the ultimate result. They will continue to use propaganda, printing presses, and half-truths to further their agenda. But those who examine the facts will come to a logical conclusion that we are being sold a great lie.

“Half the truth is often a great lie.” – Benjamin Franklin

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ZippyBananaPants's picture

Bloomberg just ran a story about a goat taking police on a wild chase in Austrailia?  

 

What is wrong with us?

falak pema's picture

I don't understand your question; are you goat lover or goat predator? Maybe you don't understand media is there to amuse us not inform us. Fox and foxy news. 

ZippyBananaPants's picture

I turned to Bloomberg a few years ago to get away from the idiots on CNBC, now its all just the same, sad...

 

falak pema's picture

sounds like MDB has a pistol that shoots far and straight and is certified- good for two decades- by the Man himself, Ben the Magnificent.

trav7777's picture

even at 0%, they cannot make people borrow.

The gov can borrow on your behalf.

Not For Reuse's picture

what I don't get about all these articles...In the same breath it's "ZOMG the dollar is on it's deathbed" and "ZOMG why are all these idiot Americans buying a 72-inch TV and enjoying USD hegemony while they still can?"

Gubbmint Cheese's picture

speaking of getting a pistol - this movie is coming out soon.. scary. www.godblessamericamovie.com

unreal -

GeneMarchbanks's picture

Jesus on a jet-ski! Hollywood loves the angry, disenfranchised $. Big $ + they help channel impotence of the populace.

Cheesy Bastard's picture

Taking out the trash, one jerk at a time.  (I bet thats the only way Bobcat can get to a happy ending.  One jerk at a time.)

MillionDollarBonus_'s picture

It’s quite amusing to read these endless pessimistic articles that fail to understand the basics of Keynesian economic theory. The truth is that future generations will comfortably pay down this debt, since they will be richer as a result of the fiscal and monetary stimulus programs that we are currently pursuing. Dr Ben Bernanke (current Fed chairman) summed it up nicely when he said:

“If current trends continue, the typical U.S. worker will be considerably more productive several decades from now. Thus, one might argue that letting future generations bear the burden of population aging is appropriate, as they will likely be richer than we are even taking that burden into account

Vincent Vega's picture

M$B, It's quite amusing to read your endless idiotic post(s) that fail to understand the basics of reality.

prains's picture

MultiDimensionalGoober your assumption of continuous growth and wealth creation assumes that you won't be capturing methane from puppy farts for the next century to power your computer. energy scarcity needs to be part of your schtick to be at all realistic

CompassionateFascist's picture

Actually, I consider it - barely - w/in the realm of possibility that Shalom Ben and friends have created the economic equivalent of a perpetual motion machine: Ponzi Forever. Probably, though, the pyramid will come down with the next substantial, external shock: The IranWar oil spike. We'll soon know.   

nope-1004's picture

MDB, you're just as stupid as Steve Liesman.

 

BLOTTO's picture

MDB,

You are a traitor to the good people.

I feel sorry for you. Pitiful.

ChrisFromMorningside's picture

Just like housing prices always go up, forever. And tech stocks always go up, forever. Bernanke believes the American standard of living will always go up, forever. Reality be damned.

twinsdad's picture

Roll another one, just like the other one...

Poor Grogman's picture

Hey MDB
What about the folks that have had their bodies cryogenically frozen in the hope of being bought back to health in the future?
These people obviously have plenty of coin, why not just tax their estates now and give them a waiver on taxes when they return to health.
That way the economy could be bought back to health Prior to those folks return!

Hey don't knock it it makes as much sense as most other economic theory....

Gary Busey's picture

...where's that chart of real wages?  You know, the one showing we're back to pre-1960's levels. 

EvlTheCat's picture

Where is you wife, HamyWanger? Is she sawing the cranium off of some poor unsuspecting chimps in hopes to understand the nature of your masturbation problem? Or just tossing kittens into a meat grinder for relaxation? You both should tag
team in the forums more it makes for great comedy!

EvlTheCat's picture

Actually, I like this quote from Dr. Lunitic better!

The Great Depression created a widespread misconception that market economies are inherently unstable and must be managed by the government to avoid large macreconomic fluctuations, that is, business cycles. This view persists to this day despite the more than 40 years since Milton Friedman and Anna Jacobson Schwartz showed convincingly that the Federal Reserve’s monetary policies were largely to blame for the severity of the Great Depression. In 2002 Ben Bernanke (then a Federal Reserve governor, today the chairman of the Board of Governors) made this startling admission in a speech given in honor of Friedman’s 90th birthday: “I would like to say to Milton and Anna: Regarding the Great Depression, you’re right. We did it. We’re very sorry."

EvlTheCat's picture

I like this quote too.  It's not from Dr. Oh, Saw Ma Ben Lunitic? , but the guy who wrote it was in his line of work.  You might recognize it?

"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."

juslen's picture

I hope you realize "we did it" meant that the Federal Reserve failed to bail out the banks. This is one of the main reasons why Milton Friedman advocated going off of the gold standard, it didn't allow the U.S Federal Reserve to loosen its monetary policy in times of recession and depression. The austrian economists blew both Friedman (moneterist) and the Keynesians away decades ago. The Great Depression was the result of monetary expanion during the 20's which led to a collapse in the stock market much like we saw when the tech bubble burst over a decade ago.

EvlTheCat's picture

I said it was one of my favorite quotes.  Did I have to have an epiphany because I cut and past it in response to someone else's favorite Bernanke quote?  I hope it doesn't bother you, if I could care less, what your particular grasp on "historical fact" is?

Are you kidding's picture

You're an artist! William Banzai in word! Love your work!

DavidC's picture

It's quite amusing, also, to see the number of junks you get with your acerbic wit MDB! Obviously your skill is lost on some!

DavidC

Think for yourself's picture

Junking MDB is the way acknowledge a good trolling attempt... it's not like it makes sense to give a green arrow, and when the troll is too contrived it's just not worth a red arrow.

Rogue Trooper's picture

Agree, just like Dr Hamy, MDB is a comic 'genius' of the darkest kind.

If MDB is seriously pushin' this snake oil then we can double down on the amusement factor!

So what's not to like!

I suspect it's just a cynical 'tyler' just fuc*in' with all us ... BITCHEZ!

 

kaiserhoff's picture

Had barbequed goat once, made by some Haitians.  Can't recommend it.

I would, however, be willing to compare and contrast with barbequed Bernanke;)

Hugh G Rection's picture

We're going with the latter Ludwig, gunna kick this bitch down the road as far as possible, and siphon off every last shred of wealth the USA ever created.

 

Sincerly,

Your Zionist Masters

 

PS- We did 9/11, so what?

BLOTTO's picture

Satanist Insider:

Blood consecrates. Massive bloodshed releases high-grade energies.

So does fear, but on a less intense level. We harness these energies. We create paradigms. We feed the Spirits and They get stronger. We are calling in The Usher of Desecration to make the way for Vindex. 

Lucifer, the everlasting Light-bringer...


We work like history. We have a public and a private face. We give the masses what they want, to the degree they can tolerate.

Theirs is a simple herd mentality built upon conformity and debasement.

For them, limitation is security. We were forced to be shepherds. They demand what we provide, for we offer explanations and hold out hope. A perfect symbiosis. The more abuse and misuse the more familiar and therefore unaware sheeple grow to it. They are expendable extras: hardwired to suffer - but without awareness. Keep them diverted from their reality, help them find answers which suit Our agenda and they are tame.

Our initiates exist for themselves and the glory of Our Hidden God. Others are simply allies, obstacles or tools.

Very quickly they will know (if not understand) where they are in the food chain. The death cries of trash have been and will remain sacrifices to bring the strength, authority, order and joy that Our Father has promised through The Usher. Now is His time, and Ours.

As Europe, Britain, America, China and the world fall apart; as the resources rich Middle East and Africa are shattered, Europe looses it fuel and the international, cleansing apocalypse begins: We are ready and well pleased.

Iranian missiles can hit Israel and American bases in Saudi Arabia. Try to imagine the costs of oil, the global explosion of prices and the nuclear waste. This has been planned for about nine years now with NATO. This year the American dollar dies. America will take a little longer.

Truth be told, without the unfailing help of the sheeple, their pens and their slaughterhouses could not have been built. Your democracies are a sick joke.

Without your taxes, your Freemasons, your kiddies joining the police and military, evangelical churches, the flags and parades, media; whilst not forgetting C.I. Scofield - none of what is about to happen could have happened.

By sticking to the accepted plot ad absurdum we're convince the followers of Yeshua to support us. For them, the worse it gets the better it is. You guys and gals are going to be happy!

The word I have is the first half of March, but these things are obviously somewhat tentative and dependent on circumstances. Nonetheless, that's the time frame; give or take. Have no fear!

And I was never trying to convince anyone. I was just telling you.

BLOTTO's picture
 

REALITY IS THEIR ILLUSION
                       
               THEIR FICTION IS THE REALITY              




BLOTTO's picture

We are being ruled by Satanists. The illuminati controlled main stream media is a great poison/tool for them and gives us a heavy dose of conditioning for the masses...

The herd needs a sheppard.

btw...that was a great Illuminati half-time show during the Superbowl...

Use of Weapons's picture

 

 

Greek, Eygptian and Nordic references? You should pay more attention to your fellow posters.

 

Baldr.

ChrisFromMorningside's picture

LMFAO should be renamed "Please gentlemen, GTFO."

Gotta love it when there is "controversy" because an "artist" "unexpectedly" brandishes a titty or tosses out a curse word or flips the audience off. Same thing happens every year at the MTV Video Music Awards. I'm inclined to think it's all scripted except, if it is, they really aren't trying very hard. This is what passes as transgressive and bold today? More like tacky and pointless.

All in all, just another family-friendly Sunday in Middle America enjoying touchdowns, beer, nachos and bowing down to the Eye of Horus in a ceremony led by a secretive multi-millionaire Kabbalist.

Use of Weapons's picture

You're missing the narrative structure of the entire show.

 

It was a supplication, looking for a response.

 

 

Let's just say: Iceland has a better vibe than the superbowl.

 

ChrisFromMorningside's picture

The Illuminati has really horrible taste in music.

Or so I hear. I didn't actually tune in to last night's gladiator show. The worst is having people tell me that they tuned in "just for the commercials." That pretty much says it all about the intellectual state of America. It's like 'A Brave New World': give me the Soma! now!

Don Birnam's picture

I cannot nor will not believe that I was the only one in America last night who rejected the aged, Kabbalist crone and the banality which accompanied her, and instead, watched two installments of "Downton Abbey ?"

This nation seems to revel in filth, depravity, and bad taste. Alas, those who lead -- also do they influence...there are no standards, no decorum, no loyalty, no veracity nor honor anywhere to be found in this land.

I ask you -- Where do we go from here ?

Think for yourself's picture

I was personally inclined to review a few choice Ghost in the Shell episodes.

cranky-old-geezer's picture

 

 

This nation seems to revel in filth, depravity, and bad taste. Alas, those who lead -- also do they influence...there are no standards, no decorum, no loyalty, no veracity nor honor anywhere to be found in this land.

Yes, and that's why America isn't worth saving.

I frequently say there won't be a revolution in America, which is fine because America isn't worth saving.

What if 10% of Americans are truly good people?

Nope, not enough.  Not even 20% would be enough.  And it's nowhere near 20%, more like 2%.

No, just being nice doesn't make you good.  Being fair doesn't make you good.  Being honest doesn't make you good. 

If you have no knowledge of America's founding principles, and no interest in those founding principles, you're a WORTHLESS PIECE OF TRASH from a citizen standpoint. 

You're not helping America, you're HURTING America. 

You're not part of the solution, you're part of the PROBLEM.

No, there's not even 1% of Americans who know those founding principles nor care about them.

THAT'S why America isn't worth saving.

...and it's why there won't be a revolution either.

sgorem's picture

+1000 thanks for telling IT like IT is, you old geezer

AbruptlyKawaii's picture

 

 

No Cash For BAC.

Bank of America in California refused to accept cash for a mortgage payment.

 The manager of the bank said it was against their policy to accept legal tender physical currency (aka U.S. dollars) as payment for BoA mortgages.

The customer attempting to pay his mortgage, firefighter Robert Somerton, recorded the ordeal in Lakeport branch which made the bank manager so upset that he called the police.

 The police detained Somerton for a half hour before releasing him with a warning that he may never return to that BoA branch or he'll be arrested.

http://www.youtube.com/watch?v=5FPAYqU5Pj0&feature=player_embedded

 

 

nope-1004's picture

It's all in a name:

 

 

Bank (a place that trades, accepts, and distributes legal tender)

of (for that jurisdiction)

America (free market capitalism at its finest).

LMFAO!!  BAC is neither a bank nor American.  America has become a fascist state, ruled by idiot banksters who run an illusionary 2 party system.  Banks have become repo agencies.  LOL.  Fuck you BAC.

 

RiverRoad's picture

And the 2nd Great Depression.  For sure.  Let's ALL call it what it is....even if our government refuses to do so.

sgorem's picture

DOUBLE FUCK YOU BANK OF AMERIKA !!!!! YOU WHORES............

earnyermoney's picture

I believe Mr. Somerton needs to call the AG of California and the Department of the Treasury of the U.S. Last time I checked, cash is legal tender for any transacton. He should sue the police department and BAC.

AbruptlyKawaii's picture

i shuda thot that; gonna call kamela tomor. everyone shuld. this is bullshit.