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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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Mon, 02/06/2012 - 15:58 | 2131545 ZippyBananaPants
ZippyBananaPants's picture

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

 

What is wrong with us?

Mon, 02/06/2012 - 16:02 | 2131558 falak pema
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. 

Mon, 02/06/2012 - 16:08 | 2131579 ZippyBananaPants
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...

 

Mon, 02/06/2012 - 16:12 | 2131597 NotApplicable
NotApplicable's picture

Sounds like you need a pistol.

Mon, 02/06/2012 - 16:21 | 2131618 falak pema
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.

Mon, 02/06/2012 - 17:00 | 2131805 trav7777
trav7777's picture

even at 0%, they cannot make people borrow.

The gov can borrow on your behalf.

Mon, 02/06/2012 - 20:44 | 2132475 Not For Reuse
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?"

Mon, 02/06/2012 - 16:20 | 2131630 Gubbmint Cheese
Gubbmint Cheese's picture

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

unreal -

Mon, 02/06/2012 - 16:30 | 2131658 GeneMarchbanks
GeneMarchbanks's picture

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

Mon, 02/06/2012 - 16:33 | 2131669 Cheesy Bastard
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.)

Mon, 02/06/2012 - 16:55 | 2131779 Hugh G Rection
Hugh G Rection's picture

Look like Zed is off the Medz again...

http://www.youtube.com/watch?v=LsBugR9dpdU

Mon, 02/06/2012 - 16:12 | 2131598 MillionDollarBonus_
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

Mon, 02/06/2012 - 16:40 | 2131675 Vincent Vega
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.

Mon, 02/06/2012 - 19:18 | 2132263 prains
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

Mon, 02/06/2012 - 22:38 | 2132715 CompassionateFascist
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.   

Mon, 02/06/2012 - 16:34 | 2131678 nope-1004
nope-1004's picture

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

 

Mon, 02/06/2012 - 16:36 | 2131683 BLOTTO
BLOTTO's picture

MDB,

You are a traitor to the good people.

I feel sorry for you. Pitiful.

Mon, 02/06/2012 - 16:38 | 2131697 ChrisFromMorningside
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.

Mon, 02/06/2012 - 16:44 | 2131718 twinsdad
twinsdad's picture

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

Mon, 02/06/2012 - 16:49 | 2131736 Poor Grogman
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....

Mon, 02/06/2012 - 18:11 | 2132094 kerneltrade
kerneltrade's picture

Thats a good one.   

Mon, 02/06/2012 - 16:57 | 2131794 Gary Busey
Gary Busey's picture

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

Mon, 02/06/2012 - 17:06 | 2131828 EvlTheCat
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!

Mon, 02/06/2012 - 17:19 | 2131875 EvlTheCat
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."

Mon, 02/06/2012 - 17:34 | 2131950 EvlTheCat
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."

Mon, 02/06/2012 - 19:03 | 2132224 juslen
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.

Mon, 02/06/2012 - 21:24 | 2132551 EvlTheCat
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?

Mon, 02/06/2012 - 17:05 | 2131829 Are you kidding
Are you kidding's picture

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

Mon, 02/06/2012 - 17:24 | 2131909 DavidC
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

Mon, 02/06/2012 - 20:40 | 2132465 Think for yourself
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.

Tue, 02/07/2012 - 02:28 | 2133101 Rogue Trooper
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!

 

Mon, 02/06/2012 - 16:14 | 2131609 kaiserhoff
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;)

Mon, 02/06/2012 - 16:49 | 2131746 Hugh G Rection
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?

Mon, 02/06/2012 - 17:01 | 2131801 BLOTTO
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.

Mon, 02/06/2012 - 16:05 | 2131570 BLOTTO
BLOTTO's picture
 

REALITY IS THEIR ILLUSION
                       
               THEIR FICTION IS THE REALITY              




Mon, 02/06/2012 - 16:14 | 2131608 BLOTTO
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...

Mon, 02/06/2012 - 16:41 | 2131702 Use of Weapons
Use of Weapons's picture

 

 

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

 

Baldr.

Mon, 02/06/2012 - 16:56 | 2131785 ChrisFromMorningside
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.

Mon, 02/06/2012 - 17:29 | 2131920 Use of Weapons
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.

 

Mon, 02/06/2012 - 16:46 | 2131725 ChrisFromMorningside
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!

Mon, 02/06/2012 - 20:59 | 2132506 Don Birnam
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 ?

Mon, 02/06/2012 - 21:41 | 2132580 Think for yourself
Think for yourself's picture

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

Mon, 02/06/2012 - 23:55 | 2132719 cranky-old-geezer
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.

Tue, 02/07/2012 - 01:33 | 2133021 sgorem
sgorem's picture

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

Mon, 02/06/2012 - 16:19 | 2131627 AbruptlyKawaii
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

 

 

Mon, 02/06/2012 - 16:43 | 2131704 nope-1004
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.

 

Mon, 02/06/2012 - 21:48 | 2132600 RiverRoad
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.

Tue, 02/07/2012 - 01:36 | 2133022 sgorem
sgorem's picture

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

Mon, 02/06/2012 - 17:01 | 2131811 earnyermoney
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.

Mon, 02/06/2012 - 23:18 | 2132806 AbruptlyKawaii
AbruptlyKawaii's picture

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

Mon, 02/06/2012 - 17:34 | 2131949 HD
HD's picture

Just another example of why people no longer want to deal with banks...

Considering all the bad police behavior recently - I thought the cops handled this one pretty well. Lets face it - they could have just taken the camera (which would have broken mysteriously) - they could have easily trumped up charges on this guy.

Mon, 02/06/2012 - 17:59 | 2132046 AcidRastaHead
AcidRastaHead's picture

Damn, I'm supposed to get alerts on any mischievous goat stories.

Mon, 02/06/2012 - 16:02 | 2131560 AC_Doctor
AC_Doctor's picture

If you want a true look at our true economic recovery look at the percentage of Americans on food stamp and it hasn't declined in years.

http://www.shtfplan.com/wp-content/uploads/2011/01/food-stamps_0.png

 

Mon, 02/06/2012 - 16:03 | 2131563 HD
HD's picture

Top shelf post Jim. Opening rant was great.

Mon, 02/06/2012 - 16:08 | 2131572 DavidPierre
DavidPierre's picture

ILLUSION OF FACTS - FEELINGS VERSUS TRUTH

What passes for Truth for SmokeyQuinn and most of the rest of the mainstream bloggers and candy-floss TV media is beyond laughable. Their ameriKlan dream is all about feelings. Are we confident? Are we bullish? Are we optimistic about the future? Their amerKlan dream has turned into a giant nightmare...a confidence game in which he plays a part. The aiding and abeting and empty blogging by this 9/11MORON who spends his time spinning stories about recovery and manipulating public opinion so people will feel good.

9/11Facts are inconvenient to their storyline.

The truth about 9/11 is for suckers.

They know what is best for us and will tell us what to do and when to do it.

Mon, 02/06/2012 - 16:13 | 2131601 Jim Quinn
Jim Quinn's picture

You really are a one trick pony.

Do you ever tire of spouting the same drivel over and over again?

Back to the barn.

Mon, 02/06/2012 - 16:42 | 2131651 DavidPierre
DavidPierre's picture

Going back in the barn again are you Quinn?  Leave that poor old goat alone... you pervert!

"Do you ever tire of spouting the same drivel over and over again?"

“Half the truth is often a great lie.”

Will post something over at your vulgar little blog...  www.TheBeastilityPlatform.com ... as soon as you do some basic homework and learn the meaning of the 1st Amendment.

Mon, 02/06/2012 - 17:43 | 2131982 Hugh G Rection
Hugh G Rection's picture

Jim Quinn, a short story.

 

Years back I grew up in the same small community as Quinn.  It was a quaint, agricultural community with sheep farms bracketing both sides of town.  Quinn, myself, and a fellow classmate were all walking to school when we happened across a crying sheep.  The poor creature had become entangled in the wire, whilst trying to eat grass from the other side of the fence.

 

Our mutual friend perked up and said... "Hey guys, I've got a great idea!"

 

We watched in awe as he dropped his pants and began ravaging the helpless sheep.  After several awkward moments he turned to Quinn and remarked, "Hey Smoky, you gotta try this, it feels GREAT!"

 

Quinn turned to me with a puzzled look and said.  "How the hell does he expect me to get my head stuck in the fence???"

Mon, 02/06/2012 - 18:43 | 2132184 DavidPierre
DavidPierre's picture

SmokeyQuinn is really a one trick phony.

Called out and documented numerous times for being an out right LIAR and his response was to ban from his blog.

 Just like Kunt Douchenigger!  Another who refuses to admit the truth which spits in his face.

 

Mon, 02/06/2012 - 19:12 | 2132230 DavidPierre
DavidPierre's picture

E.B. QUINN vs. TPTB ...

http://www.youtube.com/watch?feature=endscreen&v=BD0GeFaNF50&NR=1

... spouting economic gibberish, fawning before establishment power, awkwardly falling all over himself, he will accept their price: rather than admit to the Truth.

Just another COCKSUCKER in DEADWOOD! 

Mon, 02/06/2012 - 20:13 | 2132411 Jim Quinn
Jim Quinn's picture

You now appear to be foaming at the mouth with your blind hatred.

Time for your lithium.

 

Mon, 02/06/2012 - 20:24 | 2132429 DavidPierre
DavidPierre's picture

Best you take a long , hard look in the mirror... understand how, when and why you brought this down upon yourself. It might just be all that 'fluffing' you do for TPTB.

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

 

Mon, 02/06/2012 - 17:06 | 2131835 CharlieBC
CharlieBC's picture

DavidPierre - are you a 9/11 truther retard?  I though you all were laughed out of the homeless shelters?

Mon, 02/06/2012 - 17:24 | 2131914 baby_BLYTHE
baby_BLYTHE's picture

someone once said: Truth is Treason in the Empire of Lies

Mon, 02/06/2012 - 17:53 | 2132023 Hugh G Rection
Hugh G Rection's picture

Charlie, unless that little marble sack between your legs is strictly for decoration, I challenge you to watch 8 minutes of reality.

 

Does this fit with the offical storyline?

http://www.youtube.com/watch?v=3aKj6uJ5Mt4

Tue, 02/07/2012 - 14:42 | 2134630 CharlieBC
CharlieBC's picture

Hugh I Diot - you are a M O Ron

Tue, 02/07/2012 - 14:42 | 2134631 CharlieBC
CharlieBC's picture

Hugh I Diot - you are a M O Ron

Tue, 02/07/2012 - 23:42 | 2136737 Hugh G Rection
Hugh G Rection's picture

And you're an intellectual heavyweight...

Are you complicit in the murder of 3,000 people for monetary reasons, or are you just afraid to face the truth?

Can you honestly tell me you watch WTC7 collapse freefall into it's own footprint, 20 minutes AFTER it was reported to have collapsed, and no neurons fire in that troglodyte brain of yours?

 

That's a good little slave.

Mon, 02/06/2012 - 19:43 | 2132082 DavidPierre
DavidPierre's picture

" I though you all..."

"retard?"

Mon, 02/06/2012 - 16:06 | 2131574 Clam McCain
Clam McCain's picture

You may not know that before I moved to the UK, I worked on a farm in Australia, shearing goats.

One day I walked into the woolshed and to my horror discovered a workmate being extremely familiar with one of our woolly friends.

'MATE!' I said, 'you're supposed to be SHEARING that goat!'

With a grin (and a grunt) he replied 'I'm not sharing Matilda with ANYONE!'

Mon, 02/06/2012 - 16:12 | 2131599 AnAnonymous
AnAnonymous's picture

Yeah, yeah, the 'I have a friend who' is a well known US citizen trick...

With US citizens, it is always somebody else.

Mon, 02/06/2012 - 16:20 | 2131629 mayhem_korner
mayhem_korner's picture

 

 

What % of your posts don't have "US citizens" in it, Cap'n Troll?  Just curious...

Mon, 02/06/2012 - 16:24 | 2131643 AnAnonymous
AnAnonymous's picture

Step forward and take initiative. They did not teach you that in the military?

If you are curious about that, pass an accounting examination and start doing the job.

Mon, 02/06/2012 - 16:29 | 2131650 mayhem_korner
mayhem_korner's picture

 

 

Well, troll, you just got to n-1 in the numerator.  Congrats!  (Did you go through withdrawal?)

Mon, 02/06/2012 - 16:32 | 2131670 Chump
Chump's picture

Don't bother.  The idiot spam bot actually greens his own posts.  You're not dealing with an intelligent life-form here.

Mon, 02/06/2012 - 16:35 | 2131687 AnAnonymous
AnAnonymous's picture

Ah, deshumanization... Great US citizen classic.

US citizen nature is eternal.

Mon, 02/06/2012 - 18:13 | 2132043 akak
akak's picture

Behold the dishonest, destructive, hypocritical and irrational nature of the Chinese citizen!

Chinese citizenism, at its core, is all about invading, exploiting, destroying, and blobbing up.

All these bad things are inherent in Chinese citizenism.  So is spitting in public, nose-picking and shittings on the sides of the road.

The poor oppressed people of Tibet (those who remain alive) are all too familar with the dangers and inhumanity of Chinese citizenism, as their land is expropriated from them and ruined.

Thus is the eternal nature of running dog Chinese citizenism.

Mon, 02/06/2012 - 17:12 | 2131858 mayhem_korner
mayhem_korner's picture

 

 

Agreed.  But I figure if I can tie him up for a stretch it'll keep him off the backs of some thoughtful posts elsewhere in the thread.

BTW, how'd you get my mug for your avatar?

Mon, 02/06/2012 - 17:42 | 2131979 AnAnonymous
AnAnonymous's picture

Excellent, best I have read this day.

Congratulations.

US citizenism trademark: sacrifice for the welfare/advance of humanity.

How great.

Same stuff Iranians are going to experience or negroes are experiencing in Libya.

You wont remake US citizen nature, it is eternal.

Mon, 02/06/2012 - 18:11 | 2132063 akak
akak's picture

Chinese citizenism trademark: trolling and spamming online forums, as well as nose-picking, invading Tibet, threatening the freedom-loving and peaceful independent republic of Taiwan, shitting on the side of the road and blobbing up.

There is no cure for the mind plague that is Chinese citizenism.  It can only be eradicated with the truth.

The truth is that Chinese citizenism is imperialistic, environmentally destructive and always ends in blobbing up.

Chinese citizenism will not be happy until the entire earth is one giant toxic garbage heap, witha  Chinese citizen sitting on the top munching on roasted puppies, rhino toes and bear penises.

You cannot remake Chinese citizenism, it is eternal.

(Too bad same cannot be said of their low-quality, slave-labor-produced Walmart crap.)

Mon, 02/06/2012 - 22:56 | 2132762 CompassionateFascist
CompassionateFascist's picture

Big deal, so do I. If you don't love yourself, who will? Still, the Chink is hopeless...

Mon, 02/06/2012 - 23:01 | 2132746 CompassionateFascist
CompassionateFascist's picture

If there's anything finer and more enjoyable on the net than a ZH thread, I have yet to discover it. Way better than porn. ZH has the best posts, best comments, and esp. the best trolls.  

Mon, 02/06/2012 - 16:46 | 2131733 WillyGroper
WillyGroper's picture

Waltzing Matilda?

Mon, 02/06/2012 - 16:07 | 2131578 Shizzmoney
Shizzmoney's picture

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

Well, for those people....things ARE pretty great right now! lol

BTW, the unemployment numbers do NOT count those in prisons.  So the number is actrually worse.

Mon, 02/06/2012 - 17:07 | 2131838 ChrisFromMorningside
ChrisFromMorningside's picture

Nor do they count the increasingly sizable population of young people who do not and have never had the ambition of having a real 9-to-5 job and instead work in the black market (drugs, guns, crime, etc) for cash or live off welfare entitlements. They're essentially in the same boat as the convict population. What are they going to do when the SHTF? I can't imagine it'll be very pretty.

Mon, 02/06/2012 - 17:45 | 2131995 Kali
Kali's picture

Will be interesting.  I know of several very large pot growers.  Guess what?  Some of them are sitting on two years of inventory, no one has money to buy it.  Now, these guys have no shortage of money.  Have it buried in barrels underground, invested in guns and gold.  But your street dealers are the ones you need to worry about.  In my neck of the woods, prices are going down, quality going up, competition is tough for J6P recreational dollars.  People are B-R-O-K-E, dealers don't take credit cards.  You know the economy is bad when the pot dealers can't make any money.

BTW, this is when hard drugs make a come back.  The longer, more intense high that gives you more bang for the buck.  Get ready for Meth and Crack to become bigger problems again.  And booze-it's relatively cheap.

Mon, 02/06/2012 - 20:21 | 2132422 TradingSIZE
TradingSIZE's picture

"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."

Forgot, Carpet Bagger

Mon, 02/06/2012 - 16:11 | 2131582 Zero Govt
Zero Govt's picture

We know it's a real recovery (in Govt figures) ..it's an election year ..no pressure on (the crones)

Mon, 02/06/2012 - 16:08 | 2131586 tony bonn
tony bonn's picture

bravo bravo!!!!

another calculation worth doing is subtracting the 1% income growth and then calculating the remaining growth...do the same with per capita income, and any other related income calculation....

after all, the average of 0,0,0,0,0,0,0,0, 1000000 is 100,000

 

Mon, 02/06/2012 - 16:10 | 2131589 j0nx
j0nx's picture

Wah wah wah wah wah wah doesn't matter. The sheep believe what they see in the MSM that is owned by 1 or 2 people. They think a recovery is coming and in many areas in fact is happening. This will be the out of sight out of mind recovery with regard to the people who are suffering.

Mon, 02/06/2012 - 16:10 | 2131590 10mm
10mm's picture

And we will have a bunch of new recruits for Law Enforcement fresh from the battle fields to keep all in ck.

Mon, 02/06/2012 - 16:10 | 2131593 AnAnonymous
AnAnonymous's picture

There is nothing insane though to keep doing the same thing and expect the same result.

US citizen fallacy here about debt is that US citizens look for paying back.

It's been quite a long time since it was exposed.

US citizens are maxing out the credit cards.

They are piling on debt, knowing perfectly well that they managed to end the age of abundance in less than 300 years (age of abundance triggered by predecessors to US citizens, it must be stated)

It is all about consuming now because tomorrow, nothing will be left to consume.

It is a nice day for a white wedding.

Mon, 02/06/2012 - 17:12 | 2131857 ChrisFromMorningside
ChrisFromMorningside's picture

300 years? Try about 100 to 150. That's about how long the Age of Cheap Petroleum will last. Look at how the mass consumption of petroleum affected population growth and technological development. The consumerist, cheap energy economy we live in and that most Americans take for granted will ultimately be a small blip on the historical timeline.

Mon, 02/06/2012 - 17:44 | 2131986 AnAnonymous
AnAnonymous's picture

Actually, abundance is easily defined:

more today than yesterday, more tomorrow than today.

Nearing the day when it is less today than yesterday, less tomorrow than today.

The path down to depletion is no longer abundance.

Mon, 02/06/2012 - 18:17 | 2132072 akak
akak's picture

The path to chinese citizenism involves biting the wax tadpole of running dog imperialism and environmental destruction.

Wax on, wax off.

Mon, 02/06/2012 - 19:25 | 2132288 TheFourthStooge-ing
TheFourthStooge-ing's picture

Chinese citizenism has mandated the production of lead-fortified wax tadpoles.

 

Mon, 02/06/2012 - 19:31 | 2132297 akak
akak's picture

Produced in filthy sweatshops by Tibetan slave labor.

Mon, 02/06/2012 - 23:33 | 2132833 Cathartes Aura
Cathartes Aura's picture

AnAnonymous, dude, did you just post some Billy Idol lyrics??

There is nothin' fair in this world
There is nothin' safe in this world
And there's nothin' sure in this world
And there's nothin' pure in this world
Look for something left in this world
Start again

Come on
It's a nice day for a white wedding
It's a nice day to start again.

http://www.youtube.com/watch?v=tgFh4RHgn0A

Mon, 02/06/2012 - 23:48 | 2132859 akak
akak's picture

No no, CA, this is how it would be sung by Chairman Mousy Tongue:

 

There is nothin' fair in this world (due to US citizenism)
There is nothin' safe in this world (because of US citizenism)
And there's nothin' sure in this world (except eternal US citizenism)
And there's nothin' pure in this world (except the perfidy of US citizenism)
Look for something left in this world (after being ravaged by US citizenism)
Start again (to spread US citizenism)

 

Come on (and fall victim to US citizens nature)
It's a nice day for a (US citizen) white wedding
It's a nice day (for a US citizen) to start again.

Tue, 02/07/2012 - 00:29 | 2132940 TheFourthStooge-ing
TheFourthStooge-ing's picture

Hey little (US citizenism citizen) sister,

who's your superman (symbol of eternal US citizenism domination)?

Hey little (US citizenism citizen who is aligned with the elites) sister,

shotgun (the typical US citizenism solution to every problem - violence).

It's a nice day for a white wedding (paid for by US citizenism extraction of wealth from the rest of the world).

It's a nice day (for a US citizen) to start again (by marching in lockstep with the elites, as is the eternal nature of US citizenism).

 

Tue, 02/07/2012 - 00:40 | 2132961 akak
akak's picture

By Jove, I think he's got it!

Tue, 02/07/2012 - 01:05 | 2132991 Cathartes Aura
Cathartes Aura's picture

awww akak, you know you're making him laugh hard here - for the record, I find some of his posts very sly, quite hilarious - not all of 'em, but some - the "US citizenism" works if you are outside looking in, particularly if you apply all caps *wink*

full moon tomorrow, roll with it, hah.

Tue, 02/07/2012 - 09:24 | 2133461 EvlTheCat
EvlTheCat's picture

"There is nothing insane though to keep doing the same thing and expect the same result."

Well I am glad you at least know the definition for your own behavior.  Because from my perspective you "keep doing the same thing" and expect the same result from us poor citizims.

Keep working on the English you will get it one day!  So tell me how is AnAnonymous ver. 2.0 doing?  Pass on my regards.  I miss his grown up behavior as opposed to your childish imitation  Did you have to retire him to the glue factory because he was forming to much of a conscience?

Mon, 02/06/2012 - 16:14 | 2131600 GeneMarchbanks
GeneMarchbanks's picture

'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.'

Now look at it this way: If Wells has 'money' at 0% doesn't it really render the previous part to be revealed entirely? What I mean to say is, if Wells has 0% money to loan why pay attention to every single FOMC meeting like it matters? It doesn't, the snake has many heads and the Wizard is... well... not a Wizard at all. People should start asking some questions I agree but who do you ask? Your county Sheriff? Congressman?

Mon, 02/06/2012 - 16:43 | 2131713 Chupacabra-322
Chupacabra-322's picture

Need I remind you that Wells Fargo purchased Wachovia and launders the CIA drug money thus, proping up the banks ponzi balance sheet. 

Wachovia's Drug Habit

The bank, now a unit of Wells Fargo, leads a list of firms that have moved dirty money for Mexico’s narcotics cartels--helping a $39 billion trade that has killed more than 22,000 people since 2006.

http://www.bloomberg.com/news/2010-07-07/wachovia-s-drug-habit.html

Mon, 02/06/2012 - 16:51 | 2131749 Chupacabra-322
Chupacabra-322's picture

Sprinkle in a little ATF with DOJ assistance of gun running/arming the the Federal Governments favorable Sinaloa drug cartel to help wipe out the competition and blame it on honest 2nd Amendment Americans and you have yourself on nice Globalist Elite Mafia.  Stock, lock and barrel bought to you via Obama, Holder, ATF, CIA, DHS alphabet gang. 

 Operation Castaway: ATF Trafficked Guns to Honduran Criminal Gangs

Evidence indicates that the ATF not only provided weapons to Mexican drug cartels and gangs but also trafficked guns to criminal gangs in Honduras, including the murderous MS-13, or Mara Salvatrucha, known to work with the Sinaloa drug cartel.

http://www.infowars.com/operation-castaway-guns-trafficked-to-honduran-criminal-gangs/

Mon, 02/06/2012 - 19:14 | 2132235 Use of Weapons
Use of Weapons's picture

You're hopelessly naive.

 

Wachovia is suspected of laundering $378.4billion by the UN.

During the liquidity crises, the totals for the major banks was in the order of $598 billion processed in "grey" funds, and was the only thing that saved everyone.

http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-c...

 

Get a grip, oh, and top tip: cartels haven't racked up that much liquidity this time around. This was a report authored by the leading UN drugs expert at the time as he quit, for the record.

 

 

p.s. We notice that the UN report by the exiting drug's tzar has gone. But we have copies... and mirrors.

Mon, 02/06/2012 - 20:00 | 2132379 Chupacabra-322
Chupacabra-322's picture

And your hopelessly a Troll Douche Bag.  Sure you read your own article you posted?  And I site:

Cleansing Dirty Cash

Wachovia is just one of the U.S. and European banks that have been used for drug money laundering. For the past two decades, Latin American drug traffickers have gone to U.S. banks to cleanse their dirty cash, says Paul Campo, head of the U.S. Drug Enforcement Administration’s financial crimes unit.

Miami-based American Express Bank International paid fines in both 1994 and 2007 after admitting it had failed to spot and report drug dealers laundering money through its accounts. Drug traffickers used accounts at Bank of America in Oklahoma City to buy three planes that carried 10 tons of cocaine, according to Mexican court filings.

Federal agents caught people who work for Mexican cartels depositing illicit funds in Bank of America accounts in Atlanta, Chicago and Brownsville, Texas, from 2002 to 2009. Mexican drug dealers used shell companies to open accounts at London-based HSBC Holdings Plc, Europe’s biggest bank by assets, an investigation by the Mexican Finance Ministry found.

Put mind in motion before moving mouth. Plus, Wachovia got fined about 136 million for laundering the drug money you big douche.   

Mon, 02/06/2012 - 22:52 | 2132727 Use of Weapons
Use of Weapons's picture

 

No shit, sherlock. You've actually junked me, and called me a troll for agreeing with you.

You totally missed my point: you underestimated the scale of the issue by a factor of 10.

 

Although, yes, your link does cite the correct number, but it fails to mentions the reasons why it was required, and why it can't save us this time.

 

When 2008 liquidity crisis hit, Wachovia, along with Santandere, HSBC, BoA and more than a few others quickly put through $589 billion in "grey" money. Wachovia didn't launder $39 billion, it laundered $385 billion. As you'd have known if you'd bothered to read my response.

From May 2004 through May 2007, Wachovia processed at least $373.6 billion in CDCs [Casas de Cambio, Mexican currency exchange houses], $4.7 billion of it in bulk cash.

 

And guess what happened when they had a liquidity crisis? Yep... they called in those arrangements.


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

http://www.youtube.com/watch?v=yua-eEpZ38w

http://www.unodc.org/unodc/en/data-and-analysis/WDR-2008.html

http://www.metafilter.com/102150/Laundering-Drug-Money

 

Read the report: the issue for global capitalism was far greater than your link. $39 billion total trade. LOL.

 

p.s.

 

Oh, and your estimation of 22k dead in Mexico is also fucking stupid:

 

"The [Mexican] Attorney General's Office said Wednesday that 47,515 drug-related killings occurred from December 2006, when Calderon deployed thousands of troops to drug hot spots, through September 2011. Drug-related killings went up 11 percent in the first nine months of 2011 when 12,903 people were killed, compared to 11,583 in the same period of 2010, the office said."

2010: 11,583 in 9 months

2011: 12,903 in 9 months

 

Looks like a "tiny bit more" than 22k since 2006.

Mon, 02/06/2012 - 23:45 | 2132858 Chupacabra-322
Chupacabra-322's picture

My appologies Use of Weapons.  I guess we can agree that's it's a Global Crime Syndicate Ponzi Scheme of Illusion being run out out of The City of London, Vatican City and D.C. ( District of Criminals ).  Question is, what's it going to take to dismantle the Illuminst Lucerferian Elite? 

Mon, 02/06/2012 - 16:16 | 2131617 FubarNation
FubarNation's picture

"....relentlessly massage the data until they achieve a happy ending."

Best ZH line today.  Well done.

Mon, 02/06/2012 - 17:06 | 2131832 DogSlime
DogSlime's picture

They'll be massaging for a bloody long time, then.  They'll get RSI.

Mon, 02/06/2012 - 16:21 | 2131619 bob_dabolina
bob_dabolina's picture

I don't know. This post feels racist because Obama's black and people are all trying to make it seem like it's worst than it is.

Why can't people just accept Obama is doing a great job getting our country on track? So many racists republicans trying to "spin" it for their own self interest

Mon, 02/06/2012 - 16:22 | 2131639 10mm
10mm's picture

So i guess we don't have are first Bi Racial President at the moment.He's Black like Herman Cain is white.

Mon, 02/06/2012 - 16:31 | 2131649 bob_dabolina
bob_dabolina's picture

Please, at leest spell right. You know you ment "our" not "are" 

You know this is a racist campaign. Don't even deny it. White republicans want Obama to fail just cuase he's black

Mon, 02/06/2012 - 16:45 | 2131722 10mm
10mm's picture

You got the messege.Obama is a figure head.He passed the NDAA even after making the comment he did not agree wiith it.Of course that was givin to him by the full consent of the Senate and House.So it's not one but a collaboration of many.So i ask you,is it racist to disagree with someone based on facts or is it "JUST BECAUSE RACE"?So one who is alledged to be one color is immune from questioning.

Mon, 02/06/2012 - 16:47 | 2131731 10mm
10mm's picture

Oh by the way,Ill at LEEST spell right.You fuckin jackoff.

Mon, 02/06/2012 - 17:14 | 2131867 mayhem_korner
mayhem_korner's picture

 

 

Spelling wise, I'd call this exchange a push.

Mon, 02/06/2012 - 17:33 | 2131944 Hugh G Rection
Hugh G Rection's picture

Well Played Bob!!!

Divide and Conquer the Goyim..

All the while, we the enlightened zionist jews, reap all the rewards!

 

 

Mon, 02/06/2012 - 16:55 | 2131778 grgy
grgy's picture

That would be "least" not "leest"; "cause" not "cuase". 

No one wants Obama to fail but he sure has done an excellent job doing just that. The facts speak for themselves.

Mon, 02/06/2012 - 17:20 | 2131894 clagr
clagr's picture

It is not because he is black; it is because he is incompetent!

Mon, 02/06/2012 - 18:21 | 2132114 Milestones
Milestones's picture

More to the point, Oby is a step n fetch it. It has nothing to do with race or color. Step n fetch its come in all size and colors.      Milestones

Mon, 02/06/2012 - 17:49 | 2132010 lotsoffun
lotsoffun's picture

big  bad bama is not BLACK.  he is just as white as he is black.  besides he was raised  by whites. 

Mon, 02/06/2012 - 18:46 | 2132192 Clycntct
Clycntct's picture

I'll give you the +1 for the big (G)

Mon, 02/06/2012 - 16:18 | 2131625 apberusdisvet
apberusdisvet's picture

When "they" cannot hide the truth anymore is when martial law will be implemented with a FEMA "warden" on every corner;  it's coming faster than you think.

Mon, 02/06/2012 - 17:21 | 2131898 ChrisFromMorningside
ChrisFromMorningside's picture

The U.S. military might be balls-deep in Syria and Iran by the time November rolls around. That will make for a very interested war-time election.

If Romney is the GOP nominee and Obama launches an "intervention" against Syria and/or Iran, Ron Paul HAS to run. He can't really ask for a better electoral opening than that but, more to the point, it would practically be his duty in that scenario. He'd be the final hope before the financier elites pull us into their endgame.

Mon, 02/06/2012 - 21:56 | 2132612 RiverRoad
RiverRoad's picture

+1

Mon, 02/06/2012 - 18:53 | 2132204 Milestones
Milestones's picture

FEMA agents on every corner, all of course 10 feet tall and armed with 50 Cal. guns?? In a country this size as well armed as it citizen are how many would it take 25,000,000? The FEMA thing is scare B.S. Drones? Homemade ground to air missles costing 100.00 to bring down a 20-50 MM drone or steal the signal as Iraq did and take it down.

I was living in Chicago during the 60's and watched ghetto kids take Illinois  Bell pay phones at O'hara field and make world wide calls using the  front page cover off the telephone books a week after they were installed as being totally cheat proof. Laughed my ass off.

"Believe half of what you see, and nothing of what you hear" and you'll do just swell.              Milestones

Mon, 02/06/2012 - 16:21 | 2131631 dwdollar
dwdollar's picture

As if the trend-line of household debt is any more sustainable over the longterm. That's right fellas... A bubble within a bubble.

Mon, 02/06/2012 - 16:21 | 2131633 rosiescenario
rosiescenario's picture

"The drones at this government propaganda agency relentlessly massage the data until they achieve a happy ending."

 

"Drones" and "Happy Ending" to me appear as an oxymoron....

Mon, 02/06/2012 - 16:22 | 2131635 tradebot
tradebot's picture

The beauty of it, is in the eye of the beerholder

Mon, 02/06/2012 - 16:22 | 2131636 Vince Clortho
Vince Clortho's picture

Excellent Post Jim.

Mon, 02/06/2012 - 16:23 | 2131644 dwdollar
dwdollar's picture

More like... "He's dead Jim"

http://www.youtube.com/watch?v=r0yXqU-w9U0

Mon, 02/06/2012 - 16:22 | 2131640 JW n FL
JW n FL's picture

 

 

seriously?

 

if the FED is taking in .25% Interest Payments on over $100 Trillion..

why are We the People? paying the interest Payments on $15 Trillion?

why do the FED Share Holders get 6% Participated out to them..

and we have to Bail Out those same Wall Street Banks collecting the 6%?

 

How much simplier can it be made for everyone?

is it still going over everyones head?

fuck I dumbed it down!

Mon, 02/06/2012 - 16:24 | 2131646 non_anon
non_anon's picture

nobody could've seen this coming/ sarc

Mon, 02/06/2012 - 17:24 | 2131910 JW n FL
JW n FL's picture

 

 

that was funny!

Mon, 02/06/2012 - 16:30 | 2131655 Gromit
Gromit's picture

CNBC said the NASDAQ is at an alltime 11 year high!

Mon, 02/06/2012 - 16:42 | 2131686 earleflorida
earleflorida's picture

"The Dual Mandated Federal Reserve Act of 1977"

Congress's abstract simony gift to the Money Changers. Please define Religion?

- and where it has given the fed more power,... not just too control our purchases, but to control our mobility - -- the american proletariat have been herded like cattle into a hedonistic abattoir.

http://www.chicagofed.org/webpages/publications/speeches/our_dual_mandat...

Note: you bastards - chart only goes back to 1999 --- they killed kenny!

thanks jim

Mon, 02/06/2012 - 16:38 | 2131689 TheObsoleteMan
TheObsoleteMan's picture

I worked a gun show this weekend {don't tell Janet Napolitono}, and on four differant occasions I heard from four differant people remark at how the economy was "turning the corner". The constant barrage from the MSM is begining to have an effect on the psyche of the sheeple. You see, perception is everything {ok, well, almost, until it isn't}. If people with money to spend really buy into the lie that the economy is recovering, it becomes a self fulfilling truth, and they spend disposable funds. If they fear more bad is to come, they reign in their spending. They look at the DOW getting ready to take out 13k, the BLS report, phoney housing starts, etc, etc, and deduct from all of this that recovery must be underway. This illousion must be kept at all cost. The longer the PTB can hold off the inevitable slowing down of consumer spending, the longer they can hold off QE3.  Incidently, while people were talking recovery at the gun show, they were'nt spending any money. Sales were VERY poor, and most dealing was between dealers and vendors. That told me all I needed to know. The sheeple are'nt 100% sold on recovery just yet. They are still taking a wait and see attitude. $3.69@ gal gas is having some say in that. $3 a carton eggs is having a say in that.

Mon, 02/06/2012 - 17:04 | 2131822 10mm
10mm's picture

Four people at a gun show of how many people in attendance?Four is not much at a gun show that im use too.However,four is too many.Should be zero in the perfect world.But like you said,sheeple.I think alot of previous buying of firearms soaked up alot of disposable cash for the gun market.It's still got life,just took a break.Another event,political commenting or action will get it moving again.

Mon, 02/06/2012 - 17:07 | 2131839 nabi
nabi's picture

I heard the same thing from a generally level-headed friend of mine this weekend.  A combination of propaganda and wishful thinking, I guess...

Mon, 02/06/2012 - 17:24 | 2131913 ChrisFromMorningside
ChrisFromMorningside's picture

"If people with money to spend really buy into the lie that the economy is recovering, it becomes a self fulfilling truth, and they spend disposable funds."

No, it isn't. Irrational exuberance can't trump long-term fundamentals. Those who buy into this media spin will simply be left holding the bag.

Mon, 02/06/2012 - 16:36 | 2131694 Vergeltung
Vergeltung's picture

great article!

 

Mon, 02/06/2012 - 16:45 | 2131724 TooBearish
TooBearish's picture

AAH another doomer on ZH, used to be u could have a 2 way discussion on this board...fact is the goldilocks economy is back because state capitalism and CB interventions WORK!  Free markets are sooooo 20th century...BTDF and make money!!!

Mon, 02/06/2012 - 16:54 | 2131775 DogSlime
DogSlime's picture

@TooBearish

fact is the goldilocks economy is back because state capitalism and CB interventions WORK!

 

What does "WORK" mean here?  Who does it "WORK" for?

Mon, 02/06/2012 - 17:02 | 2131819 TooBearish
TooBearish's picture

Everyone ! thats what is so great about central planning and corporatism, the fact that a rising stock market, endlees deficit spending (which doesn't matter anyway because hey - we have record low interest rates!) indeed lifts all boats!  Enjoy!

Mon, 02/06/2012 - 16:48 | 2131740 TheObsoleteMan
TheObsoleteMan's picture

10mm: Remember the news story from a week or so ago about a US military unit that went on a rampage, and went from house to house gunning down entire families, yet it was decided that no charges would be filed against them? These same men, when they return home {if they have'nt allready}, will find work in local police departments. That should scare the shit out of everybody.

Mon, 02/06/2012 - 17:13 | 2131866 10mm
10mm's picture

Just because one served in the military does not AUTOMATICALY make them ideal for the civilian policing.Ones taught to kill and ones taught to protect and if needed stop the threat.Im not saying all are not worth the chance.Military Police produce sound civilian LEO's.Problem is it's GRANT MONEY to hire.Alot will slip through,thats where it's gonna be bad.Bad all around.

Mon, 02/06/2012 - 23:19 | 2132811 CompassionateFascist
CompassionateFascist's picture

A few days ago, I had a CHP gunsel pull off the highway on his MC and accost me for sitting on my cab, on a Sunday, in an empty DMV parking lot. He was looking to make trouble, get a felony arrest, even kill someone. I didn't oblige. My experience is that today's "Law Enforcement" agencies are full of this kind of stuff.

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