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Guest Post: U.S. Corp And The Impending IMF Merger

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Submitted by Robert Denner of Daily Economic Update

U.S. CORP And The Impending IMF Merger

Been lots of talk around lately regarding the collapse of the US Dollar and what that would mean for the United States of America and the world. There has also been a lot of talk about the Federal Reserve Bank of the United States of America and how unhappy the people of the US are getting with this largely unknown organization.

These two forces are converging together in what could be a very serious and detrimental way as it relates to the average US citizen. This article will rely heavily on flawed analogies to help the lay person understand the inner workings of both the IMF and the Federal Reserve Bank. This is not to be taken as an academic piece and I would ask that it not be judged as such. This is meant to help those people that have recently woken up to the reality that their country has been hi-jacked and those that are desperate to get up to speed as quickly as possible. So let’s jump right into the thick of it shall we? First we need to start with what I hope are simple lessons so that you can take what I am about to teach you and apply it to the real world.

There is one thing that bankers and computer people love to do and that is to use big scary acronyms to scare off the simple folk. So here is your first lesson.

I.M.F. and the S.D.R.

So right off the bat we are using acronyms that mean absolutely NOTHING to the lay person and yet that is an actual sentence believe it or not… IMF stands for the International Monetary Fund. The SDR is short for Special Drawing Rights and is the currency of the IMF. The International Monetary Fund is a private bank that is used to help sovereign nations engage in international commerce. Just like if you owned a company and you used bank A, and your supplier used Bank B, the IMF would be the bank that both banks A and B used to transfer payments and credits back and forth to each other. To Company A and B (using Bank A and B) it would be seamless.

But the IMF does a whole lot more for the global economy. They are the creditor of last resort for a lot of countries. For if you want to engage in international commerce in the free world (meaning the world now) you must be a part of the IMF system. Should a country that is part of this system become over leveraged because of mismanagement and debt accumulation, the IMF stands ready to come to the rescue. To understand how this relationship has worked in the past (and the present); I MUST go into some history. I will keep it brief I promise.

To understand how the global monetary/commercial world works you have to go back to the end of World War II. Following the war the United States was alone as a major industrial power. The rest of the industrial countries were in shambles. The United States was also nearly alone as a producer of oil. It is this later point that needs to be highlighted.

The United States used its vast oil reserves and coupled it with a highly trained industrial labor force and put it to work in its vast expanse of industrial capacity to re-build the rest of the world. It is this fact that is at the very center of our current monetary system some 60 years later. So I will start with my first analogy…

The US Corp could be seen as a huge company like General Motors. Following WWII US Corp was the only company left with the capacity to make things and it had the working capital and energy to do what it wanted. US Corp went out into the world and started to acquire other businesses. First was Japan Corp which US Corp had beaten into a pulp during the war. US Corp decided that it was in its own best interest to build Japan Corp back up but it needed to make sure that it never again could threaten US Corp the way it did in WWII.  Japan Corp used its own currency called the YEN and US Corp obviously used the Dollar. So to make this all work, US Corp had to make sure that the workers at Japan Corp didn’t feel like the last of their country was being taken from them. To keep them vested in the viability of their own country it was very important to let them keep their own currency and their own political structure, albeit greatly modified under the surface. We allowed Japan Corp to keep their figurehead CEO (the Emperor) and we installed a new board of directors (Democratic institutions). We linked the Bank of Japan to US Corp’s bank the Federal Reserve Bank through a new institution called the International Monetary Fund and the World Bank.

If we were to compare this to General Motors this would be like GM buying another company and bringing it under the umbrella of the GM brand. So in this case Japan is like Pontiac and they are given free rein to run their subsidiary the way they see fit, SO LONG as they abide by the parent companies rules.

This setup worked wonderfully and within a decade Japan Corp was back on its feet and was supplying cheap labor and products for US Corp and with every single barrel of oil Japan Corp bought on the international market it further linked them with our monetary system.  To keep the Japanese citizens from feeling that it was the US Corp in charge of everything we came up with the International Monetary Fund and the World Bank. Of course these institutions were funded initially by the United States and Great Britain and as such they were just pseudo US institutions. But it worked and the Japanese subsidiary of US Corp gladly bought oil and products from the United States in its own currency (the Yen) but it was linked via the IMF to the US Dollar. For you see US Corp linked everything that the industrial world needed to the US Dollar. All gold/oil/silver/food/etc were priced first in US Dollars and depending upon the relative “strength” of your currency to the US Dollar, this would dictate how much of your currency it would take to purchase a barrel of oil or an ounce of gold. This gave US Corp a huge advantage in the world as we produced almost everything anyways. We had most of the world’s oil supply and a very large portion of the food supply. We were the largest producer of the big complex things the world needed to rebuild. We allowed the smaller subsidiaries to produce the little stuff we needed or wanted. Japan Corp was great at the later, supplying us with small radios and other cool electronic gadgets.

US Corp built a company with dozens and dozens of subsidiaries, each one of them bringing something to the table either large or small. And as the world re-built, other countries wanted to get in on the good times and they voluntarily sold themselves to US Corp. Other countries were very reluctant to join our big happy company. Those countries fell into two groups. Either they were affiliated with Russia Corp or they wanted to stay neutral. But in a world that was moving fast towards globalization it became apparent that each country would have to choose a side lest they be shut out of the global market. For remember that the only way to gain access to US Corp’s vast array of markets and supplies is to be a part of the IMF/World Bank. It was the only way to convert your currency to other currencies (like the US Dollar to buy OIL!!).

I will end this history lesson there as I could get sucked in for hours explaining how US Corp and Russia Corp went to economic(and sometimes real) war with each other and how Russia Corp tried to have it both ways by linking themselves partially to the IMF to gain access to US Corps vast supplies and labor.

I will leave that to YOU to go out and study on your own as it is a story to rival any fictional book you have ever read. The important thing to take away here is that the International Monetary Fund and the World Bank are institutions that were created by the United States and Great Britain. It is a global system that allows countries using different currencies to exchange their goods and services with each other almost seamlessly. Remember also that the system was setup INITIALLY to allow US Corp to control the world’s most important supplies. Things like FOOD, OIL, COMMODITIES (gold,silver,etc) and the rest. At the time this system was created it was the United States that was supplying the lion’s share of these items. But as the decades have come and gone, these items have increasingly come from other parts of the world.  And a good portion of these countries are ones that were FORCED into our system either out of necessity or by direct manipulation of their country by forces outside their borders(meaning the US and the IMF)..



This next part of our story is centered on how the US has maintained its spot at the top of the economic order even in the face of massive budget deficits and seemingly unending debt loads. The title of this section is called Confessions of an Economic Hit Man, as I give a nod to a book of the same name written by a man named John Perkins. Mr. Perkins is a trained economists and his specialty was international finance. His job was to go out into the world and sell foreign leaders on US Corp and to convince them to get on board with our system. Or more importantly, it was his job to make sure that they were forever caught up in our system and that they did not attempt to leave our company.

For you see there came a time when US Corp was no longer the biggest oil producer, so it was paramount that we lock up as many oil producing nations under the US Corp banner as possible. It was Mr. Perkins job to go out to these nations, most of which were considered very backwards by modern western standards, and convince them that we had something they needed. He made promises of vast loans of money from the IMF to help them modernize their economy and to help them fully exploit the vast resources that they controlled within their borders.

In many cases these were simple men who did not fully understand the deals that were being laid down before them. In fewer cases the leaders of these countries understood all too well the consequences of joining up with this new company. Mr. Perkins (and those like him) approached these leaders and promised them the world. They offered them access to US Corp’s vast array of weapons and industry. Were they to get on board they would be given access to weapons that would give them a huge advantage against countries they were enemies with. And to make sure we covered our bases we made the same deals with their enemies.

A few men stood up and tried to warn these countries that they were being played or they tried to rally these countries to stand against US Corp. These men to a one were assassinated or overthrown. When US Corp ran into stubborn leaders, they had a strange habit of being eliminated by “rival political forces”. These rivals almost always were sympathetic to US Corp.

And once these leaders signed up for the IMF loans, there was no turning back. In exchange for the Damns and bridges and schools and weapons, they only needed to agree to denominate their resources (chiefly oil) in US Dollars. This made the leaders of these countries fabulously wealthy beyond anything they could have imagined.

So after they were brought on as a US Corp subsidiary, every time they sold their oil to another country, it further entrenched them in the IMF system. When they wanted to build a lavish palace, they would sell oil on the markets and in return they would get US Dollars. They were simple people and there was little they could do with all these US Dollars. It did them no good to convert it back to their own currency as leaving it in US Dollars was much more lucrative. So they bought US Debt with this money as a long term savings plan or they used it to buy US weapons to protect their growing economy from their enemies.

 And of course US Corp was no dummy; they were making the same deals with the enemies of these leaders.  As an example we were in bed very early with Iran Corp. Iran Corp showed great promise as being a large oil exporter. A man stood up against this system named Mohammad Mosaddegh.  He was western educated and understood all too well what the IMF was after. The economic hit men tried to get him on board with their plans but he refused. In 1953 a  coup d’état was initiated against his democratically elected government and he was successfully arrested and put under house arrest until his death some years later. Of course the “rival faction” was solidly in favor of linking their oil industry with the IMF and the United States.

This new government was brutal and ruled Iran with an iron fist. It was able to maintain control for many years until a new leader emerged in the late 1970’s by the name of Ayatollah Khomeini. He was decidedly against the plans of US Corp. So to counter this man’s ambitions of ruling the Middle East we got into bed with another leader. A man who was in charge of Iran’s chief enemy, a man named Saddam Hussein, who was the president of Iraq. We got Saddam on board with US Corp just as Iran fell to the Ayatollah and we supplied him with all the weapons he needed to stop Iran from expanding its power. He stayed in our good graces until the late 1980’s when he decided that HE wanted to break free of US Corps clutches. This time US Corp had to do its own dirty work and we stepped in to break Saddam’s back after he foolishly invaded Kuwait a rather small but incredibly important subsidiary of US Corp.

And it didn’t stop at oil. These economic hit men were active in South America and even Africa. All with the sole purpose of getting and keeping these countries entrenched in a system that placed the US Dollar at the center of the global economy with the IMF acting as the intermediary between US Corp and the rest of the modern economic world. It didn’t matter that US Corp was running huge deficits and spending money way in excess of what it really produced.  Because US Corp had its subsidiaries working overtime to make up the shortfall.

Because at all times and in almost every market, the US Dollar was always in demand, and because at all times the IMF was imposing its will upon the rest of the world, because without the IMF acting as an intermediary, global commerce could not happen. Every time a rival would rise up to usurp the US centric system they were quickly and usually efficiently eliminated.  So as we engaged in expensive wars and as we continued to lavish our citizens with ever more extravagant programs the rest of the world kept working to provide our shortfalls. Even when the US no longer could provide for its own oil usage and became an importer nation, the rest of the world played along. Even when in 1971 we ceased to be a nation that exported more than we imported, the rest of the world played along.

For over 40 years the world has played along with the US centric monetary system for one reason and one reason only. No one has come up with a better system and no one has had the balls to stand toe to toe with US Corp and knock us off our pedestal.  That is until now.



 I would like to go back to my US Corp as General Motors analogy once again. US Corp has become so large and with so many competing subsidiaries that it has become completely unmanageable. US Corp has bled so many of its most valuable brands dry that something must be done, because US Corp is going to drive the entire world into the gutter. So a creation that was started by US Corp is going to be used to dismantle the parent company (Corporate Office) in an attempt to salvage what is left of the productive subsidiaries.

US Corp has dug itself in so deep with its debts that there is no way it can ever be paid back. US Corp consumes so much of the world’s energy and resources for completely unproductive reasons that it must be sold off and reorganized.  And this is where the IMF and the SDR come into play.  The same men who organized and put into place the IMF are once again hard at work planning for the next big thing.

Following WWII it became apparent that if there was not some global order enforced on the world that World War III would likely be the result. These monetary elites decided that it was better to have economic wars, rather than global hot wars that killed millions and destroyed entire nations. These elites were even willing to allow for small, local and controllable wars to allow steam to be blown off. Why would they want these small wars? Simple, because war is the ULTIMATE cure for runaway inflation. War is the ultimate “creative destruction” in the economic world. War eliminates old and wasteful factories and pushes technologic advancement. And most important of all, a world always on the “VERGE” of war is a world that needs these financial elites to keep the peace and to fund massive and lucrative arms sales.

A culmination of problems has surfaced over the past 10 to 20 years that threatens the global economic order that these men put into place over 60 years ago. The first is that the United States is no longer an exporter nation, which in and of itself is not a deal breaker. The elites were actually able to use this as a positive as the average US Corp citizen is extended massive amounts of credit and encouraged to go out into the world and BUY BUY BUY!! This keeps the subsidiaries busy and their factories humming. We use our US Dollars to buy their stuff, they use those US Dollars to buy oil from IMF connected countries like Saudi Arabia, whom you remember ONLY accept US Dollars as payment for their oil.

They buy the oil from Saudi Arabia who is already awash in palaces and wealth so they only have one option. They use these excess US Dollars and they buy US Debt with it, which in turn allows US Corp to continue to overspend at will. This is called Petro (oil) Dollar (US) Recycling. It is the very base of the economic order of the planet.

But problems started to surface some decades ago (even as far back as Jimmy Carter) that oil production on the planet was starting to slow down and the growth needed to keep the US Petro Dollar System moving was starting to slow down.

To put the problem into context I will give you some startling numbers. The world on any given day produces approximately 82 Million Barrels of Oil per Day. This is abbreviated as MBPD. Nearly all of this oil is sold using US Dollars. On any given day the world consumes close to 79 or 80 Mbpd of oil. On any given day US Corp produces almost 7 Mbpd of oil. But here is the real problem, US Corp CONSUMES close to 22 Million Barrels of Oil every single day of the year. And every year we consume a little more and every year we produce a little less. This imbalance cannot go on forever and the question you should be asking yourself at this point is when? When will the world finally stand up to US Corp and save themselves?

Which leads me finally to point of this article, how will the IMF be used to stop US Corp from sinking the entire global economy into another Great Depression, which would likely lead to another global war?

First we must make some distinctions. First is that the US Federal Reserve Bank has absolutely no allegiance to this country. The financial elites who are brokering these deals (some of them are direct offspring of the men who created the financial world order following World War II) have NO ALLEGIANCE to this country. Their only allegiance is to ensure the viability of their economic world order. And it is becoming increasingly apparent to them that the workers of US Corp have grown far too complacent and far too demanding and are utilizing FAR TOO MUCH of the world’s increasingly scarce energy supplies.

Again to show you how big the inequalities are. US Corp consumes close to 22Mbpd of oil, which is close to 20 percent of the global supply, yet we only represent around 6% of the global population. The next biggest user of oil on the planet is China. They currently consume around 8Mbpd of oil and yet they have a population nearly double ours.

These inequalities were not a problem to the elites in the past because they don’t deal in equality; they deal in growth and ensuring that the economic order keeps them at the top. So when the US was using way more oil and resources on the planet than anyone else, they didn’t care. Because things were still growing and their economic order was never threatened.

That has changed and they are moving to adapt their economic order to this seismic change that is about to occur.

So if you have actually read this far, I congratulate you. That was a lot of history and bad analogies to finally get to the ultimate point of this article. Everything I have written above is verifiably true. Though I have glossed over a lot of facts and embellished a little bit for entertainments sake, the basic truth is that the United States has and IS ruling the economic world. The United States decades ago stopped being the top exporter nation and stopped being the top energy exporting nation. Since 1971 the United States has been a net DRAW on the world, as we continue to consume more and more, it is coming(as I have CLEARLY SHOWN) increasingly on the backs of 3rd world nations who are sitting on resources that WE want and need to continue to grow our economy.

But there is a hard wall that we are hitting and that is a dramatic and irreversible slowing and or halt of global energy supply growth. Without the energy to grow, the economic system that these elites have created will halt and quickly reverse. For you see GROWTH is not an option in the economic order they created. It is absolutely imperative that the global economy continues to grow.

But the global elites are up against a wall here. The United States has the largest supply of atomic and conventional weapons on the planet. It citizens are completely oblivious to everything I spelled out above and then some. They are increasingly electing IDIOTS to run their country and it is only a matter of time before some person stands up before the people of this country and riding a gigantic wave of POPUPULISM, decides to throw the IMF and the Federal Reserve out of this country and retake it for ourselves. So these elites must act and with some sense of great urgency.

Unbeknownst to most in this country, the IMF has been increasing its monetary base though the use of SDR’s… Remember they are known as Special Drawing Rights. This is the currency of the IMF. If an IMF member gets into trouble and needs to be bailed out, they get loans in the form of SDR’s to use to restructure their economy. Well the IMF has been busily running around the world buying gold and vastly increasing its supply of SDR’s.

What possible reason would the IMF need that much gold to back that many SDR’s. I feel it is beyond obvious that as the US Dollar enters its end game, that the IMF will step in and use the same tactics it has used over and over again against other nations over the decades. The United States is nearing the point of no return. In just 4 short years our government went from a budget deficit of only 230 billion, to a staggering 1.5 trillion dollar PER YEAR. We have added 4 trillion dollars to the national debt in less than 3 years. States and localities are finding it harder and harder to keep their massive payroll paid and business’ are getting squeezed from every angle as we need to increase taxes or slash spending or likely BOTH to keep the economic system rolling over each month.

But the debt is JUST PAPER!! What if the IMF stepped in and said they could help us out. That they would work with the Federal Reserve to link the SDR to the US Dollar and that they could take all that debt away? All we would have to do is break the link between the US Dollar and commodities and give that function up to the IMF. They would even weight the US Dollar very heavily in this IMF mixed basket of currency. For the IMF is suggesting that the SDR be comprised of a combination of the strongest economies in the world, along with oil and gold and a few other commodities.

What if they took away our debt and in its place the world traded SDR’s in order to maintain global commerce. Inside the United States it would be no different at first. In fact it would probably be pretty nice as our debt load would be greatly reduced. And with a heavily US Dollar weighted SDR currency at the IMF, we would still have an advantage over other countries as the US Dollar would still be worth more in the mix than the Yen or the Euro.

But the devil is in the details. Once the link between the US Dollar and Oil is broken the ability of the United States to print debt at will is gone forever. From that moment on it is up to the financial elites at the IMF to decide what the relative worth of the US Dollar is in comparison to the other parts of the basket.

And seeing as that the ultimate goal of the financial elites(IMHO)  is to greatly reduce the energy demand that the United States places upon the global economy for unproductive ends, it would stand to reason that they would embark upon a slow but steady reduction of the relative worth of the US Dollar. This would result in a reduction in the US standard of living to the point where we would be just like Italy or France or any number of other countries.

If you don’t think very deeply about it, it is only fair right? We don’t produce like we used to, it only stands to reason that we should be taken down a few levels. On the surface this argument holds a lot of water. And what I am proposing in response would ultimately lead the United States to a similar standard of living, possibly even lower.  But what the IMF is moving towards is a continuation of a system the United States used for decades(and England used for centuries before us) to extract the wealth of the people of this earth to enrich themselves and to ensure that this new economic world order is never threatened.

If it is true that world energy levels have stalled out, it could be decades before any real increase in our way of life is achieved. In the mean time the financial elites will slowly bleed off all consumption in an attempt to keep the financial world functioning and to keep them at the top of the economic order.

I would propose a different route. It is a route that requires a large number of our countrymen to wake up and growth the hell up. I am not hopeful that this is even possible, but I am an optimist at my core. What if we just accept reality? What if we in the United States just broke free of this parasitic system that only exists to enrich a very few at the expense of BILLIONS of people? For at it very heart that is what our current system is all about.

The elites use the United States and all her power and influence to enforce a system that sucks all the wealth of the world to THEM. Sure we get some pretty tasty crumbs here in the United States, but in the grand scheme of things are we really that much better off than we were just 110 years ago in this country? Back then we were a largely agrarian country and though the work was back breaking at times, the TOTAL amount of time we spent working in those days as compared to now is not even close. We work months longer per year than we did back then.

Some people in this country are forced to work 50, 60 even 80 hours per week just to meet their basic “needs”. What if we threw off this parasitic system and learned to live within the energy footprint that we currently have? At 7 million barrels of oil per day and the large (but likely short lived) supply of Natural Gas and Coal and our technologic knowhow in the areas of Solar and wind, we could break free of this suicidal dependence upon the Global elites and their debt/growth machine.

EITHER WAY we will end up with a greatly reduced way of life. One way we do it from a place of strength and forethought. In the other it is thrust upon us likely for the next 6 or 7 decades with absolutely no chance for a relative recovery. Last time I checked, countries like Afghanistan and Libya and Turkey and Italy have never recovered at the hands of the IMF…  Why would we expect anything different?


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Thu, 12/01/2011 - 16:45 | 1936177 bank guy in Brussels
bank guy in Brussels's picture

« Gloom, despair and agony on me
Deep dark depression, excessive misery
If it weren't for bad luck, I'd have no luck at all »

- repeat song on the old classic American show, 'Hee Haw'

Thu, 12/01/2011 - 20:38 | 1936839 oddjob
oddjob's picture

'Corzine would sell his mother to the Nazis for a nickel.'

Best interview all year. Classic.

Thu, 12/01/2011 - 22:38 | 1937094 Michael Victory
Michael Victory's picture

i wouldn't get rid of mine for less than 2ozs AU.

Fri, 12/02/2011 - 00:08 | 1937275 Fish Gone Bad
Fish Gone Bad's picture

WTF is all the whining about?  Another day of "It must be someone else's fault.  And, all the rich people are ruining it for everybody..."  That must get a lot of sympathy.  A great deal of the world's problems will go away with the next pandemic.  If "The Indian Solution" were to be applied worldwide, then only those people immune would survive.  It is much cleaner than war, and no one has to be held responsible.  After 30-40% of the world is wiped out, property values will plunge and the world can be remade in a new image.

Thu, 12/01/2011 - 23:00 | 1937144 eureka
eureka's picture

and US would...

"a slow but steady reduction of the relative worth of the US Dollar. This would result in a reduction in the US standard of living to the point where we would be just like Italy or France or any number of other countries..."

The author's history lesson is fair, but his wrap up is ridiculous. US is already far worse than France - meaning, that the vast majority of US citizens have a far lower standard of living than French citizens in general.

US is toast - unless the people wakes up and gets rid of the oligarchy - and for that, more suffering is required.

Fri, 12/02/2011 - 12:41 | 1938908 WhiteNight123129
WhiteNight123129's picture

SDR formula is very simple: it is a CDO^3, it is a claim on what??? the most ugly currencies of the world, which themselves are back buy??? Debt!!!

Thu, 12/01/2011 - 17:46 | 1936419 Piranhanoia
Piranhanoia's picture

You appear to live and work for a country owned by a bank that makes arms and financial trouble for others. I can see why you are so proud.

Thu, 12/01/2011 - 19:25 | 1936702 Doña K
Doña K's picture


Who will oppose the great-war-machine known as the military industrial complex? We all know that Ike feared it, Ike could not do anything and they will use their influence, money, MSM propaganda, fear mongering and every trick in the book to maintain the motif.

The US has a good number of intellectuals and educated people who get it; but the IQ level drops precipitously after that. Sad but true.

Modigliani and Botticelli are pizza toppings for many teenagers, Greece is in Africa, Ecuador is the door to Ecua, euthanasia is “Youth-in-Asia” and Ozone is a parking area at the mall.

I am not so hopeful. We need a true revolution (bloody if necessary) with real patriots standing up, a Tilt and a Reset.

Stay thirsty my friends..

Thu, 12/01/2011 - 20:57 | 1936882 gmrpeabody
gmrpeabody's picture


Fri, 12/02/2011 - 01:58 | 1937466 Nobody For President
Nobody For President's picture

Gee, I thought Ozone was a band...

(Actually, Ozone is the name of a pretty good paraglider.)

Couldn't resist - I plussed you on that. The level of collective knowledge of economics and world geography amoungst our 20 and 30 somethings is scary short.

Thu, 12/01/2011 - 16:46 | 1936191 1835jackson
1835jackson's picture

blah, blah, blah NWO is coming

Thu, 12/01/2011 - 16:54 | 1936219 HedgeAccordingly
HedgeAccordingly's picture

Perhaps NWO .. Treasuries today found a bid.. dollar not relenting... -

Thu, 12/01/2011 - 16:47 | 1936192 Deadpool
Deadpool's picture

damn this was long...should of headed warning it's "for those just waking up". I'm wide awake in America.

Thu, 12/01/2011 - 17:18 | 1936321 Dr. Richard Head
Dr. Richard Head's picture

"This is meant to help those people that have recently woken up to the reality that their country has been hi-jacked and those that are desperate to get up to speed as quickly as possible."

Thu, 12/01/2011 - 21:24 | 1936920 dark pools of soros
dark pools of soros's picture

and just had their coffee and brought this up just before their internet and cable goes out.. then they may well read it

Thu, 12/01/2011 - 16:48 | 1936198 lolmao500
lolmao500's picture

The IMF is a product of the same people who created the FED. They are not fighting against each other, they are working together for more power into fewer hands.

Thu, 12/01/2011 - 17:07 | 1936283 lunar
lunar's picture

Christine Lagarde easygoing - Strauss-Kahn not so....just saying

Thu, 12/01/2011 - 18:08 | 1936488 I think I need ...
I think I need to buy a gun's picture

But our biggest cheerleader warren buffett says our system works for EVERYONE.......His sidekick says your a jerk for buying gold and they just bought an entire fuckin railroad for even more control

Fri, 12/02/2011 - 03:26 | 1937583 narnia
narnia's picture

there is no method to this madness.  

our banana republic used perceived value conjured from thin air and the biggest guns in human history to get what we could from the world on our terms & make ridiculous promises for as long as it lasted. the FRN con is breaking down & guns aren't as useful as they once were, so we have to let other banana republics in on the game, for as long as that one lasts.

people aren't going to send their kids to fight WW3. human existence does not center around gold or oil or any commodity.  wealth has and always will be ingenuity of the minds of the top 10% and the mobilization of the rest, which will happen not too long after reset.

Thu, 12/01/2011 - 16:52 | 1936205 redpill
redpill's picture

So much for being pithy. May I suggest an alternate acronym for the international monetary fund?


Thu, 12/01/2011 - 19:45 | 1936739 BoNeSxxx
BoNeSxxx's picture

I don't know who junks you RP but if I ever meet them in a dark alley...

Excellent contribution, as always.  +1

Thu, 12/01/2011 - 16:50 | 1936206 LeBalance
LeBalance's picture

"This is meant to help those people that have recently woken up to the reality that their country has been hi-jacked and those that are desperate to get up to speed as quickly as possible."

not hi-jacked.

the illusion sold is not the truth.

mom, apple pie, and baseball is for j6p.

still is.

who owns the plantation?

who are you on the plantation?

if you just woke up and were a j6p, then you most likely were a slave.

and still are.

it's ok.

next rung on the ladder as you can.

Thu, 12/01/2011 - 16:53 | 1936216 yogibear
yogibear's picture

Countries, banks  and companies pull real money out, falsify your books, then dump the obligations on Bernanke and the Fed's garbage debt buying machine. It make's your debt disappear while you buy real assets to maintain your wealth! 

At some point the Federal Reseve notes will be trash!

Thu, 12/01/2011 - 16:54 | 1936221 sabra1
sabra1's picture

wouldn't mind working 60 hours week hunting the 1%ers!

Thu, 12/01/2011 - 18:56 | 1936639 Ima anal sphincter
Ima anal sphincter's picture

Now THAT'S the thinking I like to hear.

Thu, 12/01/2011 - 22:30 | 1937049 i-dog
i-dog's picture

... and that's why you chose an appropriate pseudonym.

I'm this far down the thread and have yet to see a response beyond "Yeahhh ... whatevaaahhh ... who's on DWTS tonight?". Then you two come up with: "Fuck taking over control of this ship! Hey, everybody! ... let's just attack the first class passengers!".

You are part of the problem.

Thu, 12/01/2011 - 20:25 | 1936813 itchy166
itchy166's picture

Just by the simple fact that you have access to the internet makes you one of the 1% of the worlds population dumbass.

If you really want socialism, you will need to give up your wealth too.  (Which by the way is the underlying message of the article.)

Thu, 12/01/2011 - 16:57 | 1936228 Stax Edwards
Stax Edwards's picture

The author is obviously a leftist tool.  It is called Empire, get over it.

To paraphrase "Wah Wah Wah, Life is not fair, Wah Wah Wah"

Like it would be so much better if the Top dog was China. Give me a break.

Thu, 12/01/2011 - 17:10 | 1936298 Flakmeister
Flakmeister's picture

I am curious, why is he a leftist tool? Long winded perhaps. Could you point to a part of the essay that made you think leftist tool?


Thu, 12/01/2011 - 17:55 | 1936448 Piranhanoia
Piranhanoia's picture

I do not think some words mean what you think they mean. Love, Inigo.

Thu, 12/01/2011 - 18:06 | 1936477 Collapse is imminent
Collapse is imminent's picture

If he is a leftist tool then you must be on the other side of the spectrum.. right wing Nazi fuck.

Thu, 12/01/2011 - 19:34 | 1936717 Doña K
Doña K's picture

That actually shows that they are succeeding as they divide us. In Spain, the indignados carried no political messages when they sat silently in the town squares. 

That's what needs to be done. You two and others attack each other even though the cause is common. That is a problem. 

Thu, 12/01/2011 - 23:05 | 1937155 robobbob
robobbob's picture

nazis were socialists who happened to really like money and used crony corporatism to carry out their economic central plans.

meanwhile over on the American right wing, we hate greedy tyrants, you know king george, east india company, BOE, as much as commie bastards. and we're getting tired of being played as suckers.

play nice boys. our enemies aren't rich people, or compassionate help the poor types. its anyone who thinks they have a right to take other peoples crap that doesn't belong to them.

Fri, 12/02/2011 - 02:51 | 1937544 roygbiv
roygbiv's picture

umm, how exactly were nazi's socialists?  They threw communists into concentration camps.

The National Socialist Party was about as big of a doublethink as the  Patriot Act.

Fri, 12/02/2011 - 09:34 | 1937954 Flakmeister
Flakmeister's picture

You really haven't read much about the history of the Party eh?

You can start here

The last "socialists", Strasser and Rohm and the SA, were dealt with in the Night of the Long Knives....

Fri, 12/02/2011 - 15:45 | 1939573 roygbiv
roygbiv's picture

from your WikiPedia link:


"..a majority of scholars identify Nazism in practice as being a far right form of politics.[20]

Fri, 12/02/2011 - 15:58 | 1939607 Flakmeister
Flakmeister's picture

Note sure what we are arguing about....

It was in reply to a comment that the Nazi's were socialists... The pre AH party leaned left with all the attendent anti-semitism. AH changed the leaning and the leftish aspects were slowly purged but the name didn't change... 

Fri, 12/02/2011 - 18:10 | 1940120 roygbiv
roygbiv's picture

gotcha, sorry, my mistake and my apologies - I thought you were disagreeing with my post.

It amazes me how more and more people these days try to make the argument that "socialism" (which today has a meaning to most people of well, Eurpean-style socialism) is the same as what we now think of as Nazism, simply because the word Nazism had the word "socialist" in it.

Not all names describe the reality.  Patriot Act.  Department of Homeland Security. etc.

Thu, 12/01/2011 - 17:01 | 1936254 terryfuckwit
terryfuckwit's picture

the bigger your black economy the better....i am planning a good crop of kerr pinks next year  a fantastic powdery fluffy potato very popular in scotland and ireland

Thu, 12/01/2011 - 19:24 | 1936700 ping
ping's picture

who was mean enough to mark this down a point? fo' shame.

Thu, 12/01/2011 - 17:15 | 1936258 GeneMarchbanks
GeneMarchbanks's picture

Amazing read. If I could encourage people to do some due diligence here:

The important thing to take away here is that the International Monetary Fund and the World Bank are institutions that were created by the United States and Great Britain. It is a global system that allows countries using different currencies to exchange their goods and services with each other almost seamlessly. Remember also that the system was setup INITIALLY to allow US Corp to control the world’s most important supplies. Things like FOOD, OIL, COMMODITIES (gold,silver,etc) and the rest. At the time this system was created it was the United States that was supplying the lion’s share of these items. But as the decades have come and gone, these items have increasingly come from other parts of the world.  And a good portion of these countries are ones that were FORCED into our system either out of necessity or by direct manipulation of their country by forces outside their borders(meaning the US and the IMF)..

Ha Joon Changs' books are great for those who want more of the above. Michael Hudson also, especially his older essays + books...

 He goes on:

'First we must make some distinctions. First is that the US Federal Reserve Bank has absolutely no allegiance to this country. The financial elites who are brokering these deals (some of them are direct offspring of the men who created the financial world order following World War II) have NO ALLEGIANCE to this country.'

That specific distinction, for the most part, has NOT been made... yet.


Thu, 12/01/2011 - 17:59 | 1936461 Smiddywesson
Smiddywesson's picture

Read them.  You are correct, good works.

Thu, 12/01/2011 - 19:51 | 1936750 BoNeSxxx
BoNeSxxx's picture

Bill Engdhal's books are also excellent.  Gods of Money in particular.

Thu, 12/01/2011 - 17:04 | 1936271 CPL
CPL's picture

Easier to drop a couple of nukes.  They are sort of paid for.

Thu, 12/01/2011 - 17:57 | 1936455 Blindweb
Blindweb's picture

Yes.  It seems to me the elites would be thinking about the shortest path to solve the energy problem, eliminate a couple billion people.

Fri, 12/02/2011 - 08:40 | 1937808 my puppy for prez
my puppy for prez's picture
  • China is warning the US to quit screwing with Pakistan, or they will be happy to participate in WWIII
  • Russia warns the US not to even THINK about helping invade Iran.
  • US established military presence in Australia just last week, pissing off China
  • Israel (and prob. US) black ops are ALREADY blowing up stuff and assassinating people in Iran.
  • Gordon Duff of Veterans Today firmly believes based on intel that Iran bought nuclear warheads from the Ukraine back in 2003.  They have not blown  up Israel yet!
  • Syria will be Edypt and Libya in short order.


Thu, 12/01/2011 - 18:02 | 1936470 Smiddywesson
Smiddywesson's picture

Approximately 1/3 of the population of Europe died from the Black Death.  What isn't so well known is the event spurred economic growth among the survivors who inherited all that wealth.  No strategic nukes, just EMPs.  EMPs shut down all the electronics, to include the trucks that feed us.  EMPs starve the urban populations, and end recessions caused by an aging population.  I see this as the worst case scenario, but not a completely unlikely one.  TPTB win again.

Thu, 12/01/2011 - 18:49 | 1936626 Buzz Hacksaw
Buzz Hacksaw's picture

EMP's would also shut down cooling to existing Nuke plants. Fuk... on roids.

Thu, 12/01/2011 - 18:58 | 1936646 stewie
stewie's picture

Shit never thought of that.  Not a pleasant scenario...

Thu, 12/01/2011 - 19:00 | 1936649 NotApplicable
NotApplicable's picture

Gee, I hadn't considered that. One would hope that newer models would have used hardened electronics, but those early models, not a chance.

Of course, given these were built on gov contracts, I don't have much hope for the newer ones, either.

Thu, 12/01/2011 - 19:20 | 1936690 JoBob
JoBob's picture

After an EMP, any protected nuke sites would end up dead anyway. The power system would be fried and the plants would eventually run out of fuel for their generators. Just a matter of weeks, more or less.

All go boom!

Thu, 12/01/2011 - 19:28 | 1936707 ping
ping's picture

It's all biological warfare baby. You think the new stories about a deadly artificial flu strain invented in the Netherlands [50% global mortality] is being released now as a coincidence? <sounds of thunder in distance, evil laughter>

Fri, 12/02/2011 - 01:36 | 1937430 Cathartes Aura
Cathartes Aura's picture

forced myself to continue reading in case someone else mentioned the "new flu" - having watched the last couple bio-engineered strains, this was no surprise at all - here's a link to get started with - there will be more, soon, no doubt:

A virus with the potential to kill up to half the world’s population has been made in a lab. Now academics and bioterrorism experts are arguing over whether to publish the recipe, and whether the research should have been done in the first place.

no doubt the "persistent contrails" sprayed daily in NATO countries would lend a means of dispersal. . .

Fri, 12/02/2011 - 08:45 | 1937820 my puppy for prez
my puppy for prez's picture

Yes, this refers to them weaponizing the avian flu!  My god, the mad scientists are rampant!  I agree that we will eventually experience some form of bio attack...a gift from the elites.

They have also dug up bodies and used the DNA to replicate the Spanish flu (which kills young healthy first).

Notice, too, that the govt is working hard to put into place the system for mass and mandatory vaccination.  Hmmm....

We are soooo screwed!

Fri, 12/02/2011 - 14:26 | 1939338 treasurefish
treasurefish's picture

...and it was done in the Netherlands.  Site of the Bilderberg Hotel.

Fri, 12/02/2011 - 00:43 | 1937362 Iwanttoknow
Iwanttoknow's picture

Some estimates go as high as 60 %.

Thu, 12/01/2011 - 17:05 | 1936274 mrdenis
mrdenis's picture

I think this best explains whats about to happen ...

Thu, 12/01/2011 - 17:06 | 1936280 DarkAgeAhead
DarkAgeAhead's picture

A recent study found that where the IMF goes, disease and a worsened qualify of life follow.  It's probably relatively buried and discredited by official channels but available out there.

[apologies if that was cited, but I could only skim that article!]

Thu, 12/01/2011 - 17:06 | 1936281 rlouis
rlouis's picture

 [Norman Dodd interview]  H. Rowan Gaither, president of the Ford Foundation:  Gaither complained about the “bad press” the Ford Foundation was receiving, and explained to Dodd, “Most of us here were, at one time or another, active in either the OSS or the state Dept., or the European Administration.  During those times, and without exception, we operated under directives issued by the White House, the substance of which was to the effect that we should make every effort to alter life in the U.S. as to make possible a comfortable merger with the Soviet Union.”  This is still the goal of the foundation movement.

pg 239 The World Order by Eustice Mullins

Thu, 12/01/2011 - 19:01 | 1936654 Atomizer
Atomizer's picture

Impressive, this book should be a mandatory read. It would shed light to the motives the Obama administration wishes to accomplish. All your answers will be found under the progressive section of book.

Fri, 12/02/2011 - 01:42 | 1937444 Cathartes Aura
Cathartes Aura's picture

you do a disservice by mentioning "the Obama administration" as if a change of puppets would change the plot.

the OP, while lengthy, at least allowed for the mind to know there is no difference in team colours nor team players.

Fri, 12/02/2011 - 08:48 | 1937828 my puppy for prez
my puppy for prez's picture

They have successfully implanted this goal into the national school curriculum as well.  Learn more about that by reading:

Charlotte Iserbyte, "The Deliberate Dumbing Down of America".

She is a brilliant lady with much life experience, also having worked in the Reagan Administration education area.  She was subsequently FIRED for leaking the plans to "sovietize" American children!

Thu, 12/01/2011 - 21:55 | 1936985 sgt_doom
sgt_doom's picture

That Dodd just happened to be the descendant of the original Dodd attorney who created the trust structure and enhanced Dale's holding company structure for the old John D. Rockefeller to hide ownership and wealth....interesting, huh?

Of course, the real specifics is that the Wall Streeters created the American intelligence establishment back in WWII (Rockefeller, Morgan, Harriman, Mellon, etc., etc., and their underlings, Lovett, Wisner, the Dulles brothers, and the genius named Richard Bissell), then bounced back and forth between the various intel outfits and The Street:  the financial-intelligence complex, the senior most tier, above the military-industrial-complex.

And their primary purpose:  financial intelligence, and command and control of the populace.

The Ford Foundation, where every head of the CIA's ruling directorates went through from the '50s to the '70s, was simply a major conduit as were other foundations, etc.

Dean Rusk, while being interrogated before congress, admitted to still being on the Ford Foundation's payroll while he was serving as President Kennedy's Secretary of State.

And we know what happened to JFK......

Thu, 12/01/2011 - 17:20 | 1936329 kito
kito's picture

..well that was a mouthful............

Thu, 12/01/2011 - 17:23 | 1936344 MarcusLCrassus
MarcusLCrassus's picture

Two options:


1.  Abolish the Federal Reserve and create a new national bank owned by the US taxpayers.  This would issue non-debt based currency (like the Greenbacks we used to have).  No more Federal Reserve notes. 




2. Nationalize the Federal Reserve and have it issue only non-debt based currency. 


The debt based currency was a give-away to  the banks 100 years ago at the expense of the American people. 


At this point we need to start looking at the Federal Reserve as a national security threat


The Federal Reserve is a clear and present danger to the United States of America. 

Thu, 12/01/2011 - 18:15 | 1936500 robertocarlos
robertocarlos's picture

Or you could pay the debt. It would be interesting deciding how much money a person could borrow interest free. I'd like a billion dollars please.

Fri, 12/02/2011 - 08:51 | 1937834 my puppy for prez
my puppy for prez's picture

Since the debt was created with "money" created out of thin air, then the debt is ALSO ficticious, and should be written off!  

Thu, 12/01/2011 - 17:32 | 1936371 hollowbody
hollowbody's picture

Classy piece, there, but, I'd very much appreciate it if you, the author, could point me in the direction of the 'verifiable' info that leads you to suggest that:


"Again to show you how big the inequalities are. US Corp consumes close to 22Mbpd of oil, which is close to 20 percent of the global supply, yet we only represent around 6% of the global population. The next biggest user of oil on the planet is China. They currently consume around 8Mbpd of oil and YET THEY HAVE A POPULATION THAT NEARLY DOUBLE OURS."


Last time I checked, the US was using more oil than China, whose population is FIVE TIMES THE SIZE of the US, although ironically, all of the Chinese that I've ever asked that question have told me that their population is dwarfed by that of India.......

Thu, 12/01/2011 - 17:36 | 1936388 Rastadamus
Rastadamus's picture

I am writing this in the middle of a field of sugar cane, yams, okra with goats and cattle grazing nearby. Bring it on.

Fri, 12/02/2011 - 08:54 | 1937841 my puppy for prez
my puppy for prez's picture

Good for you!  Sounds like you are prepared, as we all should be.  The mental picture of you typing in the middle of a veritable field of green just cracks me up!  Oh, the anachronistic nature of our "modern world"!

Thu, 12/01/2011 - 17:39 | 1936408 MrBinkeyWhat
MrBinkeyWhat's picture

Nice job Mr. Denner. Will be forwarding this to my friends/relatives that still have not "gotten it". I try...

Thu, 12/01/2011 - 17:40 | 1936409 Gooseone
Gooseone's picture

(quote from the article)

"And seeing as that the ultimate goal of the financial elites(IMHO)  is to greatly reduce the energy demand that the United States places upon the global economy for unproductive ends, it would stand to reason that they would embark upon a slow but steady reduction of the relative worth of the US Dollar. This would result in a reduction in the US standard of living to the point where we would be just like Italy or France or any number of other countries."


I know there are some bad neighboorhoods in both countries but i mean   come on !!!

Such an embark upon a quest to inform the world of the evil that is coming upon them , whcih is having it as bad as Italy or France.

Maybe he has foresight though ....

Thu, 12/01/2011 - 18:37 | 1936420 Flakmeister
Flakmeister's picture

   Just came across this from a independent geologist in Texas (Westexas), thought it fit in:

Front page WSJ story yesterday: “U.S. Nears Milestone: Net Fuel Exporter”


For 2011, it appears that the US is on track to be net exporter of refined petroleum products, on the order of about 0.2 mbpd. Although the WSJ reporters did note, several paragraphs into the story, that the US remains the world’s largest net oil importer, in both terms of crude oil and total petroleum liquids, I suspect that many casual readers will conclude that the US is now a net oil exporter.


We have of course seen increasing US oil (and gas) production. If we look at the pre-hurricane production data in 2004, versus 2010, US total petroleum liquids production rose from 7.2 mbpd in 2004 to 7.5 mbpd in 2010, an increase of 0.3 mbpd (BP). Note that BP does not count biofuels and refinery gains in the production numbers.


Over the same time frame, 2004 to 2010, US consumption fell from 20.7 mbpd to 19.1 mbpd, a decline of 1.6 mbpd. Based on the BP data, US net oil imports fell from 13.5 mbpd in 2004 to 11.6 mbpd in 2010, a decline of 1.9 mbpd. Declining consumption resulted in 84% of the 2004 to 2010 decline in US net oil imports.


Therefore, the primary contributor to the US becoming a net exporter of refined products and the primary contributor to the decline in US net oil imports is declining consumption in the US, as the US and many other developed countries have been forced, post-2005, to take a declining share of a falling volume of Global Net Exports (GNE), which are calculated in terms of Total Petroleum Liquids.


So, the WSJ reporters are taking a symptom of Peak Exports, i.e., declining US oil consumption, and presenting it as a positive story.


There are apparently 196 countries in the world. If we assume about a half dozen inconsequential net oil exporters, in addition to the top 33 net oil exporters that we studied, that leaves about 157 net oil importing countries. So, if we extrapolate current trends, just two of these net oil importers, China & India, would consume 100% of the global supply of (net) exported oil in only 19 years, leaving nothing for the other 155 current net oil importing countries.


I continue to be mystified that this factual statement is not the #1 story in the world.

Thu, 12/01/2011 - 17:53 | 1936425 Cruel Aid
Cruel Aid's picture

White House guilt shite.

Colonialist scum that we are.

Thu, 12/01/2011 - 18:06 | 1936474 whstlblwr
whstlblwr's picture

Thanks for good post.

"What if we threw off this parasitic system and learned to live within the energy footprint that we currently have? At 7 million barrels of oil per day and the large (but likely short lived) supply of Natural Gas and Coal and our technologic knowhow in the areas of Solar and wind, we could break free of this suicidal dependence upon the Global elites and their debt/growth machine."

You're saying we use 22/day and need to change to 7? That would be interesting. It's kind of thing a leader would help us achieve. It could spur many kinds of alternative developement. But I thnk the powerful oil industry would stop, they would rather have war.

Thu, 12/01/2011 - 19:17 | 1936685 NotApplicable
NotApplicable's picture

Hell, telecommunting alone would make a sizable difference, but there's that whole jealousy thing from those who can't. (my IT dept has been trying to do this for years, but it "looks bad")

Thu, 12/01/2011 - 18:07 | 1936481 TheElder
TheElder's picture

A little KISS tutorial on the money system:

Thu, 12/01/2011 - 18:08 | 1936487 robertocarlos
robertocarlos's picture

Are you concerned that the financial elites will still get paid or that the US standard of living will fall. Seems you only care about your standard of living and that was going to fall anyways so why is the IMF or World Bank deciding the relative worth of the dollar any different than the Fed controlling the dollar?

Thu, 12/01/2011 - 18:20 | 1936522 tommus
tommus's picture

A global economic dictatorship is exactly what this planet needs.  If humanity were sufficiently evolved, then there would be no need for any government at all.  There has always been a ruling class and they will only disappear when people can rule themselves.  Global society implies global government, and all governments are oligarchies.

Think about all the nuclear warheads, biological agents, cruise missiles and clusterbombs, not to mention old-fashioned machetes... Now think of the billions of humans everywhere who have little control over their own desires, who adhere fanatically to their antiquated belief systems, and who will consume every resource they can beg, borrow or steal.

You'd better hope the "power elite" can keep the system afloat, despite its inherent atrocity. Purge youself of romantic notions of freedom and self-reliance.  From a species-wide standpoint, we are toddlers, and firm parenting is necessary for our survival.

Thought experiment: If you suddenly found yourself at the very top of the power pyramid, how would you wield your power?  Every conceivable course of action brings misery or worse to someone, somewhere.  The truth is that the people occupying these positions are as expendable as any third-world peon.  The control structure is not imposed on "us" by "them."  It is encoded in every organism.

Thu, 12/01/2011 - 19:32 | 1936714 ping
ping's picture

Big donkey bollocks and shiteballs.

Thu, 12/01/2011 - 20:50 | 1936869 blunderdog
blunderdog's picture

The control structure is not imposed on "us" by "them."  It is encoded in every organism.

You've almost had a profound insight, there.  The catch is that what is encoded in every organism is not *this* model of world-governance (or any specific model), but rather an understanding of social competition for power.

Long time back, we consented to be governed by something like personal charisma.  Then we switched it to some kind of hereditary procession.  Then to a system of religious conformity. 

There was a brief period of political consciousness that resulted in some regions forging a roughly democratic and voluntary system.  It didn't last very long, because we replaced nationalism and shared social values with capitalism, which has been governing the world for about the past 50 years.

That may turn out to be the last stage of development.

I'm always surprised to see folks here get upset about the idea of "NWO/One World Government," as if it doesn't currently already exist.  Right now, if you control adequate wealth, you can go anywhere in the world and do virtually anything.  You become your own King.

But ya gotta pay.  And ultimately, that globally-shared understanding of commerce is the only "government" that's RELEVANT.

Fri, 12/02/2011 - 00:06 | 1937273 Milestones
Milestones's picture

B.D. Very thoughtful and thought provoking post.  Thanks.           Milestones

Thu, 12/01/2011 - 23:18 | 1937181 Janestool
Janestool's picture

Hey Storm Trooper, you are ignoring to many other factors, and overly relying on biological determinism to make your point. Your notion of firm parenting is exploitation rather than nurture. And no that is not what we need. And that is also the problem. Every level of the structure from Education to the Civic Service relies on exploitation rather than nurture. Your notion of a Brave New World isn't very Brave nor very intelligent. I need a global dictatorship like I need a utlitarian wet dream on steroids. Oh, I am alreay in the middle of that dream. If there is a learning curve your on the wrongside of it. The question becomes is if LEADERSHIP WERE SUFFICIENTLY EVOLVED?

Thu, 12/01/2011 - 18:27 | 1936546 Legolas
Legolas's picture

Thanks for posting this, Tyler.

Thu, 12/01/2011 - 18:30 | 1936559 Dealer
Dealer's picture

Is there a cliff notes version?

Thu, 12/01/2011 - 20:00 | 1936758 BoNeSxxx
BoNeSxxx's picture

Sure, it's called 'Dancing with the Stars'

Go back to sleep.  

Thu, 12/01/2011 - 18:32 | 1936572 robertocarlos
robertocarlos's picture

 The Fed only keeps 6% of the interest paid, the rest is returned to the Treasury. Seems to me that 6% is fair payment for managing the money. You pay a real estate agent 6% for selling your house and that is hardly any real work involved iether.

Thu, 12/01/2011 - 22:37 | 1937054 New World Chaos
New World Chaos's picture

Ultimately it is not about money, but about power and control.  America should never have given up its sovereignty to these creeps.  End the Fed and go back to gold or at least greenbacks.  The Rothschilds have no right to rule us, use us as pawns in a Satanic plot of world domination, lock us in their fiat-financed police state, or skim any fraction of our labor. 

Thu, 12/01/2011 - 19:01 | 1936652 Optimusprime
Optimusprime's picture

"...that is an actual sentence."


Actually, it's not.  A sentence requires a verb.

Thu, 12/01/2011 - 19:10 | 1936671 Flakmeister
Flakmeister's picture

Dunno... all depends on what "is" is....

Thu, 12/01/2011 - 19:34 | 1936718 Optimusprime
Optimusprime's picture

There is no "is" in "The IMF and SDR"


This could make a nice compound subject, but no verb.  I think the author agrees.

Thu, 12/01/2011 - 19:30 | 1936710 Optimusprime
Optimusprime's picture

BTW--I liked the post overall.  Good work.  Nice to know that someone is critical about his own analogies.  And frankly, it is a pretty useful one.  "US Corp" indeed. 


We US taxpayers are pledged as collateral to the IMF via the US Corp that succeeded the former Constitutional Republic of the United States of America, which was mortally wounded in 1861 and finally succumbed under FDR.  Traficant was right.

Fri, 12/02/2011 - 08:59 | 1937853 my puppy for prez
my puppy for prez's picture

That's the REAL reason they put him in the slammer!

Thu, 12/01/2011 - 19:03 | 1936658 dolly madison
dolly madison's picture

I liked your article.  There are so many ways we could reduce our energy needs without really feeling it, like changing zoning to allow work and home to be closer together.  But it appears nobody at the top thinks that worth doing.  Instead we still ship everything from far away instead of doing as much locally as we can.  It will hurt much worse if we don't prepare for scarcity of oil, than if we do.

Will people wake up in time?

Thu, 12/01/2011 - 19:32 | 1936715 robertocarlos
robertocarlos's picture

The average guy has 3 V-8s in the driveway and four boat motors. We are doomed.

Thu, 12/01/2011 - 19:16 | 1936681 Flakmeister
Flakmeister's picture

Taken at face value, the conclusion of the essay is that the US dollar is doomed unless the United States can shave their net imports down to 2 mmbpd. In other words, cut oil consumption by one half....

  Go ahead, I'll let you tell the American people first....

One upshoot is that the US having the lions share of refinining capacity will be able to extract a seniorage....  

Thu, 12/01/2011 - 19:19 | 1936686 steve from virginia
steve from virginia's picture

Long article sez: "Peak Oil is Here!"

We have to get rid of something fast ... "Federal Reserve!"

Nope, try again: "IMF!"

Both of these are irrelevant. Try again: "Paper money!"

What will you use for money, then? You have to use something and don't say gold coins b/c nobody will trade their coins for anything. Believe me, this has all been tried over and over. Peak oil is here, we have to get rid of something fast ...

Get rid of the cars! We get rid of them or times get so bad there is no use for them and they are gone anyway.

 We can get rid of the Fed but keeping it and getting rid of the cars solves a third of the problem ..



Thu, 12/01/2011 - 19:30 | 1936712 Flakmeister
Flakmeister's picture

I'd say that is a pretty good synopsis, paraphrased for a different audience perhaps....

Fri, 12/02/2011 - 02:05 | 1937475 Cathartes Aura
Cathartes Aura's picture

the majority of amrkns have no idea what / who the Fed is, but are very invested in their "cars" - hard sell methinks.

'twould be a lovely dream to be free of those behind the Fed tho'

Thu, 12/01/2011 - 19:24 | 1936693 jmc8888
jmc8888's picture

Umm actually we overthrew Iran's president way back then because of Britain.  They said they'd pull out their forces from Korea unless we did this because of their corporate oil interests.  Of course we never really had to fear conmmunism as communism was always geared to be against imperialism.  So our fear of communism was merely implanted upon us by imperialists.  Once they got us on their hook, started fucking us over left and right. 

It's always been British Imperialsim, they just managed to sucker or bribe enough people in power in America to do their bidding.   People need to realize that the reason Iran hates us is because we were/are a puppet for Britain.   America was a super-power controlled ideologically by Britain. 

The British Elite have always been America's enemy.  Everything they don't control, they want to crush or persuade into crushing themselves.

We've done a good job of the latter.


Time to switch away from the foreign ideologies destroying us. 


American Credit System

Impeach Obama, or the above two can't happen.  None of the presidential candidates running will do this. WIthout these measures, we're fucked economically, thermonuclear, or both.  All for bullshit.

Thu, 12/01/2011 - 19:31 | 1936705 Flakmeister
Flakmeister's picture

All right, impeach Obama... then what??

President Biden? And then, Mitt fucking Romney? or you think Newt, "I sound smart to to a stupid man" Gingrich will save us?

Or are you preaching some generic revolution? In that case, why do you need to impeach Obama?

In other words, what is your fucking point, do you have a real plan or are you just rambling?  


Fri, 12/02/2011 - 02:08 | 1937479 Cathartes Aura
Cathartes Aura's picture

beware the newt - he's implanting globalist memes in all his verbiage - he's a trained monkey that gets fed no matter which way the ship of state is steered. . .

Fri, 12/02/2011 - 14:41 | 1939383 treasurefish
treasurefish's picture

Impeaching Obama is always a good measure.  

Fri, 12/02/2011 - 14:43 | 1939391 Flakmeister
Flakmeister's picture

And then what??

Thu, 12/01/2011 - 19:46 | 1936743 ping
ping's picture

"America was a super-power controlled ideologically by Britain...we are a puppet for Britain."

Don't make me fucking laugh. That's fucking sad. You tosser. 

If the USA is a puppet for Britain I want better fucking fast food over here, some decent LA porn stars and a go at poking Barack Obama in the eye with a twig. Oh, and a lifestyle half as nice as the average American has had for the past 30 years would be good, because believe it or not the statistics say you have more money, a higher standard of living and better lives. (Maybe the statistics were faked by the queen. Yeah, that's it.). You know we only stopped paying the American banks for money they lent us in WW2 about 10 years ago, right? 60 years of paying back 'debt' incurred fighting Hitler. Yeah, that sounds like we run the fucking show. Jesus, we're a regular fucking Isreal in all the money you give us. (That's sarcasm, son).

Jesus fucking Christ. Who else is 'controlling' the USA? Montenegro? Vanuatu? The HP sauce company? The Shriners?

If you were even capable of reading real life books you'd see how shitty life in Britain is, how poor the country is, and how far from controlling the world the UK is. Keep reading your Lyndon Larouche shite. Fuckwit.

To regular Americans, I can only say 'Sorry, I'm not mad at you, just this guy'. It's just this 'Britain mades us a victim' shit is so fucking wankerish it makes my blood boil. It's shit over here in the UK and I'd rather be back in LA or Seattle any day. 

Thu, 12/01/2011 - 22:47 | 1937116 Doña K
Doña K's picture

I am with you on that. Problem is that the people are indeed poor because of the government policies in integrating everyone and their brother coming in as refugees. I am sure that this is just one issue only.

Every overtaxed middle class person in the UK would rather leave the country if he/she could.

There are as many leaches and paracites on government dole in the US as they are in the UK. It is approaching 45% or higher. Something's gotta give.

The end is near. 

Fri, 12/02/2011 - 00:52 | 1937375 Iwanttoknow
Iwanttoknow's picture

I think he meant to say'the city of London',not London,a city.

Fri, 12/02/2011 - 09:39 | 1937987 Pseudo Anonym
Pseudo Anonym's picture

You're absolutely correct.


  1. The CORPORATION OF LONDON is the municipal governing body of the City of London and exercises control only over the City (the "Square Mile", so called for its approximate area). There is no surviving record of a charter first establishing the corporation as a legal body, but the city is regarded as incorporated by prescription, meaning that the law presumes it to have been incorporated because it has for so long been regarded as such even in the absence of written documentation. The corporation's first recorded royal charter dates from around 1067, when William the Conqueror granted the citizens of London a charter confirming the rights and privileges that they had enjoyed since the time of Edward the Confessor.

  2. The Four Inns of Court, the Inner Temple, the Middle Temple, Lincoln's Inn, and Gray's Inn are located in the City of London. The Four Inns of Court are unincorporated associations. The Inns of Court in City of London are the professional associations for barristers. 

  3. The Crown is a corporation sole that in the Commonwealth realms, as well as in any provincial or state sub-divisions thereof, represents the legal embodiment of governance, whether executive, legislative, or judicial. The concept of the Crown took form under the feudal system and it evolved naturally first in the United Kingdom as a separation of the literal crown and property of the nation state from the person and personal property of the monarch; a concept which then spread via British colonization and is now rooted in the legal lexicon of the other 15 independent realms. In this context, The Crown, as a corporation sole, is a legal person (Latin: persona ficta, also artificial person, juridical person, juristic person, and body corporate, also commonly called a vehicle) and exists separately from any physical crown, such as those of the British state regalia.

  4. The Crown, a corporation sole, incorporated by the Four Inns of Court resides in the sovereign Corporation of London (a.k.a. City of London) and is the owner of the US Corp.,


Sat, 12/03/2011 - 18:12 | 1942352 Mary Wilbur
Mary Wilbur's picture

Your post is laughably ridiculous aside from being plain stupid. I guess you must be relying on your American public school education for your remarks and haven't bothered to teach yourself anything to improve your dumbed down mind. I suggest you read The It's written by a retired British ad man who has great knowledge and insight into the Euro situation. That's why I read it. However, he also writes about life in Britain, how disfunctional it is, economically stagnant, run by politicians who are cowards as well as stupid, race and religious divisions that are frequently the cause of violence to themselves as well as to outsiders, a culture that is so obsessed with PC that the police don't remove child prostitutes from the streets for fear of offending some culture difference. Have you no recollection of the recent riots in London in which whole neighborhoods were set on fire and businesses looted while the cops stood by and watched. I've said enough. I don't even know why I bother with ignoramouses like you.  

Fri, 12/02/2011 - 09:05 | 1937864 my puppy for prez
my puppy for prez's picture

Sounds exactly like what Lyndon Larouche was saying on Alex Jones two days ago!  Were you listening?

Larouche, however, made it very clear that Obama must be dethroned NOW, if we are to avoid a thermonuclear war.  I thought that was pretty interesting.  He says he has high level contacts in the military, and there ARE those that are trying to stop America from running headlong into war.  Imagine.....the "hope and change" "lefty" who was supposed to be the savior of the world, might end up being the destroyer of it!  I couldn't get over how urgent Larouche was about throwing O out IMMEDIATELY...he sounded panicked!

I don't agree with Larouche's solutions, but he has been uncannily accurate on his predictions!  He was a high-upper in the Reagan Admin. and was instrumental in developing the missile defense shield. 

Thu, 12/01/2011 - 19:24 | 1936699 reload
reload's picture

Great post, where does the BIS fit in? I am guessing as the IMF clearing facilitator and back office. Just a subsidiary department.

Thu, 12/01/2011 - 19:36 | 1936722 Rynak
Rynak's picture

There should be more of such articles. Very well designed.

People who can explain things in the way as this article does are rare, yet worth more than a dozen of academic "experts". Writing articles like this requires an entire array of skills, rather than just "knowledge", which is why people who can do this are rare.

Thu, 12/01/2011 - 22:37 | 1937084 Doña K
Doña K's picture

True, but you need audiovisuals for the J6p's and a few gunshot sounds in short intervals to wake them up.

Fri, 12/02/2011 - 02:15 | 1937492 Cathartes Aura
Cathartes Aura's picture

was thinking along the same lines as I read the piece - that despite its length, it was well crafted and engaging.

often authors feel the need to impress with convoluted concepts, charts & graphs, specialised languages, etc. - when the best "teachers" are those who know their subject well enough to explain it simply, with a sprinkle of humour for the reader.

Thu, 12/01/2011 - 19:43 | 1936734 grunk
grunk's picture

Names. We need names.

And addresses.

Thu, 12/01/2011 - 19:44 | 1936736 valley chick
valley chick's picture

thanks for posting Tyler !


Thu, 12/01/2011 - 19:54 | 1936753 earleflorida
earleflorida's picture

great read. thanks for taking the time to condense so much history in such a short, but very,... very accurate dossier

Thu, 12/01/2011 - 20:14 | 1936784 Shizzmoney
Shizzmoney's picture

As good a piece as I have read on the history of the United States economic influence on social and technological ways of life around the world.

Sure, at the end we get the whole, "NWO" theory, but who HASN'T heard of this?  It's in GI Joe, its on Alex Jones, its on our fucking money........the day they try to tag us with RFID or the day the dollar dies will finally be the day the people of the world say, "STOP". 

But until then, the status quo limps along and the elites heard their sheep in the sun. Neo-sociofascism with no borders, just sound bites and propaganda.

The thing is, in WW2, they were the Fox.  Now?  They are the Rabbit, and Sheeps tend to run away from Rabbits when the Wolves come to hunt.

Thu, 12/01/2011 - 22:40 | 1937099 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

The NWO is a "theory"?!!!!!!!  Ha, ha, ha!

Thu, 12/01/2011 - 20:25 | 1936814 blunderdog
blunderdog's picture

This is a decent article, but there's some really wacky info in there.

China's population is ALMOST double

Thu, 12/01/2011 - 20:50 | 1936867 Georgesblog
Georgesblog's picture

A lot of claims are made for the "help" that private banks provide. The actual result is that they bury nations in debt that they will never get out of. Slavery has always been the prederred business model of the private, central banks. We have the record of the enslavement of Africa and South America. The same debt slavery is coming to the United States and Europe.

Thu, 12/01/2011 - 20:53 | 1936879 TreZeke
TreZeke's picture

Not bad, but you don't mention who these financial elites are--and they own all countries and central banks--the Rothschild Khazar Luciferians who have owned the US since it's inception. We have been nothing more than a very useful tool for them to amass more wealth. You can advocate that we "secede" from this arrangement (even though every President who has attempted it has been sumarily assasinated) but the fact is either you kill the head of this snake or you change nothing.

Fri, 12/02/2011 - 09:59 | 1936916 Hannibal
Hannibal's picture

Solutions: take your pick:

Buy a farm. Grow your own food. Buy horse and buggy. Ride a bike. Slap on a $3.00 a gallon gas tax. Become a vegetarian. Fire and cancel all insurance. Pay cash and buy local only. Stay out of debt. Screw WallStreet. Quit buying crap. Have a vasectomy. Get laid more. Get a Glock 19. Load up on silver bullion. Don't vote (all idiots). Smoke a joint. Drink red wine. Don't worry, be happy. Cheers!

Thu, 12/01/2011 - 21:40 | 1936957 JW n FL
JW n FL's picture



But the devil is in the details. Once the link between the US Dollar and Oil is broken the ability of the United States to print debt at will is gone forever. From that moment on it is up to the financial elites at the IMF to decide what the relative worth of the US Dollar is in comparison to the other parts of the basket.

And seeing as that the ultimate goal of the financial elites(IMHO)  is to greatly reduce the energy demand that the United States places upon the global economy for unproductive ends, it would stand to reason that they would embark upon a slow but steady reduction of the relative worth of the US Dollar. This would result in a reduction in the US standard of living to the point where we would be just like Italy or France or any number of other countries.

Art work for the Masses!

I love this long winded attempt to educate the sheep, has anyone ever met a sheep that can read and then comprehend?



two Baaaa's means no.

Thu, 12/01/2011 - 22:26 | 1937058 Doña K
Doña K's picture

The attention span supposed to be: age+2 minutes in minutes. That means that the average sheeple act like toddlers, as they can not concentrate longer than a few minutes. 

Thu, 12/01/2011 - 22:32 | 1937076 vh070
vh070's picture

Interesting read indeed.  Wonder if US Corp's X-37B, now on an extended mission, drew a test bead on that Isfahan site that blew up.

Thu, 12/01/2011 - 22:32 | 1937077 Bárðarbunga
Bárðarbunga's picture

The information I hear about from other sources say the IMF isn't a bailout fund. It does provides some liquidity to very poor undeveloped nations. True that the UN and charter members - like the US - call the shots, but it's hardly the superpower that is going to turn on the US and take over our Dollar. The takeaway I get from this "story" is that the IMF is the big bad wolf, and if we're not careful we'll be eaten in the woods.

Yeah, the article is very J6P and really dumbed down. But the whole story just keeps drumming on about the IMF like it's cold war Russia vs. U.S. I think there's other "things" to be concerned about, and the IMF isn't one of them.

In the interview from Chris Martenson the other day, he said the IMF doesn't have the liquidity to bail out even Italy. And somehow we're to believe it can come to OUR fucking rescue. Yeah, okay. I'm done now.

Thu, 12/01/2011 - 22:42 | 1937103 Elmer Fudd
Elmer Fudd's picture

"It citizens are completely oblivious to everything I spelled out above and then some. They are increasingly electing IDIOTS to run their country and it is only a matter of time before some person stands up before the people of this country and riding a gigantic wave of POPUPULISM, decides to throw the IMF and the Federal Reserve out of this country and retake it for ourselves."
"our countrymen to wake up and growth the hell up. I am not hopeful that this is even possible, but I am an optimist at my core. What if we just accept reality? What if we in the United States just broke free of this parasitic system that only exists to enrich a very few at the expense of BILLIONS of people?"

Ya cant have it both ways, so what is the point?

Thu, 12/01/2011 - 23:00 | 1937142 Tunga
Tunga's picture

The 3rd largest oil field in the world is directly under Los Angeles. 


More Solar energy falls onto Rhode Island in 10 minuets than the US uses in a month.


The IMF is adminstered by the UN.

Fri, 12/02/2011 - 09:20 | 1937901 Flakmeister
Flakmeister's picture

Wonderful factoids.... what is your point? Could you back up your assertion about the oil field in LA? 3rd Largest by what metric??

Fri, 12/02/2011 - 11:55 | 1938660 Tunga
Tunga's picture

The point Flakmeister is that as long as you continue to play the game the author describes you will be a loser.


Facts and technologies are suppresed that would end the oppresive rule we are being crushed under. If you're going to wake folks up then put blinders on them all you do is continue the insanity.

Fri, 12/02/2011 - 12:45 | 1938887 Flakmeister
Flakmeister's picture

Wow... your link says 1 billion barrels are in LA, in a field that has been pumped down... do you have *any* idea how much oil the US uses per year expressed in billions of barrels?

You did not address my question, by what metric is the field the 3rd largest?

Can you provide some hard evidence that "Facts and Technologies" are being supressed?

Do you know about the geology of Green River? Are you aware of the latest reports from the USGS on NPR-A?

Did you know that these "mammoth" reserves on federal lands only consitute 80% of the the geological formations and that the other 20% are in the public domain and the the oil cos. have next to no interest because it ain't fucking oil or anything that can be profitably turned into oil??

My guess is that you are an ill informed cornucopian that has not *really* thought about what is going on, either because you can't wrap your head around the implications or you just too stupid to to even understand the questions....


Fri, 12/02/2011 - 15:08 | 1939432 Tunga
Tunga's picture

Ha Ha ha! Flakmeister do you work for Exxon Mobil per chance? Who said any thing about shale or coal tar or whatever it is you'd like to blather on about?


Tunga is talking about an energy source that is limitless in universal terms. A metric far too big for your wee widdle mind to comprehend but since Tunga is all about waking people up; here goes anyways.


Tesla created a chart of the known electromagnetic spectrum when he was working for Westinghouse. If you look at around 1 micron in frequency you can see that the earth is receiving 6000 watts per square centimeter all day long. That can be suppressed fact #1 mmmk? Can you tell us Flakster how much oil you need to burn to generate 6 thousand watts? 

Planck laid the theory on the table for the existence of a universal power source that permeated all space and time uniformly without resistance. That was a hundred or so years ago now. Just about 50 years ago the engineers at Bell Labs discovered the static in their microwave receivers was being caused by just this power source. Since most folks are clueless about that discovery we'll call that suppressed Fact #2.

A guy named Josephson invented a circuit that utilizes that current and it has since found it's way into many technological wonders. Most notably it's what keeps the display on your iPhone right side up. Those gadgets also keep the Chinese nuclear ballistic missiles that pop up off the California coast from time to time flying straight. There's alot of other neat things those micro chips could do but the big bad oil companies would really prefer you not know about them. But a smart guy like you knew that already didn't you Flakmiester?

Fri, 12/02/2011 - 15:25 | 1939511 Flakmeister
Flakmeister's picture

Ummm... your link made reference to Green River...  Did you even read what you posted for my benefit??

I have never worked for Exxon or any company involved in the extraction, transportation and refining of oil....

Well... I guess there are a bunch of really stupid EE's out there if we can't get that free energy... Could you provide a link about 6000 W/cm^2 at 1 micron??  The solar flux is 1.36 kW/m^2  considerably less and that is integrated....

Zero Point energy eh? You might want to brush up on the Casimir Effect....

BTW, what is the temperature of this "static" that the guys from Bell Labs discovered?

I mean if it was this easy, then I would think that countries like India and China that produce more Engineers and Scientists than we do would have skipped all this oil nonsense and gone right for the good stuff...

Bring something real, this ain't Yahoo!....


Fri, 12/02/2011 - 16:04 | 1939634 Tunga
Tunga's picture

And Westinghouse isn't Mattel. The one micron area is in the right bump below the rainbow that denotes the visable area of the spectrum. The left bump is the "zero point" area where the temperature peaks at 20 degrees C or about 300K. 

If this information wasn't so highly classified then we could skip all this oil nonsense. But that would be bad for the people who make a buck enslaving everyone with the myth of the energy shortage. Why are you helping to advance their agenda Flakmeister? Or is ridicule based on ignorance now accepted science?

Fri, 12/02/2011 - 16:17 | 1939701 Flakmeister
Flakmeister's picture

Umm... thanks for the EM spectrum

Explain to me where the Zero point energy bump is again, it wasn't clear in the link.

And this 6000 W/cm^2, where exactly is it measured? It is in the visible spectrum, if I understood what you typed, is it not? You realize that corresponds to the light from 600 100 W bulbs concentrated to the size of a thumbnail, do you?  

So if it is so highly classified, how did you find out?

Silly me I thought the solar EM spectrum looked like this

Fri, 12/02/2011 - 17:56 | 1940068 Tunga
Tunga's picture

If it's common knowledge why are you so ignorant of it? Westinghouse put's this text into the hump that peaks at a wavelength of .6 microns. "6000K SUN RADIATION 7000 WATTS.CM2"  Can you show the cause and attenuation rate used by ASTM between the Sun and the upper atmosphere? 


Blackbody radiation peaks at 1000 CPS. with a power of .04 watts / cm2. Tesla used capacitors attached to metal sheets to turn this radiation into electricity 24-7.

Fri, 12/02/2011 - 23:05 | 1940715 Flakmeister
Flakmeister's picture

The Blackbody radiation peak is a function of the temperature of the radiating body.... The CMB is corresponds to a temperature of ~4 K....

So how much electricity could you generate from a flux of 0.04 watts/cm^2??? 

Lemme see, Tesla did this and nobody else has been able to figure it out? You are positive that some metal plates and a few capacitors will provide endless electricity to power the world... My fuck, I never knew it was so simple.... knock me over with a feather....

Why don't you contact the DOE or BNL and let them know about this, better yet, write a paper and submit to the online archives at Los Alamos.... Call the NYT, tell them about this... Let me know how it goes. Good luck!


You have no idea what you are talking are spewing word salad for christs sakes...

Fri, 12/02/2011 - 23:55 | 1940771 Tunga
Tunga's picture

Q: Attenuation?


ORIGIN mid 16th cent.: from Latin attenuat- ‘made slender,’ from the verb attenuarefromad- ‘to’ tenuare ‘make thin’ (from tenuis ‘thin’ ).


A: pre cession noun Physics

the slow movement of the axis of a spinning body around another axis due to a torque (such as gravitational influence) acting to change the direction of the first axis. It is seen in the circle slowly traced out by the pole of a spinning gyroscope.


That was easy right Dorkmiester!


Heres a better one! 


• Physics the reinforcement or prolongation of sound by reflection from a surface or by the synchronous vibration of a neighboring object.


Oh but that definition won't be found at MythBustersdotcom will it?


4K is a part of a part of a part of the CMB. Peak power MisterMister; show us yer links.

Sat, 12/03/2011 - 01:39 | 1940991 Tunga
Tunga's picture

Ultimately the conversion of Dollars to SDR's will make the price of gas in the USA about $20.16 per gallon of regular. 


Pretty good at first.

Sat, 12/03/2011 - 01:44 | 1941006 Flakmeister
Flakmeister's picture

Good night and good luck!



Thu, 12/01/2011 - 23:12 | 1937171 merizobeach
merizobeach's picture

"What if the IMF stepped in and said they could help us out. That they would work with the Federal Reserve to link the SDR to the US Dollar and that they could take all that debt away? ... They would even weight the US Dollar very heavily in this IMF mixed basket of currency."


WTF?  Is this guy on crack?? For somebody who is trying to 'teach' us a history lesson, maybe he could learn some first.  Hello, long-winded-asswipe, the USD is already 'linked' to the SDR; the USD is already weighted heavily in the IMF basket of currencies!


Besides, the last time the IMF got lippy and chimed in with their willingness and ability to replace the USD as reserve--just a few short months ago--DSK watched his career watermelon on to the sidewalk from the vantage of his house-arrest.

Fri, 12/02/2011 - 14:57 | 1939422 treasurefish
treasurefish's picture

Something tells me you either didn't read the whole article, or just couldn't comprehend it.

Fri, 12/02/2011 - 01:40 | 1937440 NorthPole
NorthPole's picture

Interesting article, but this one sentence kind of puts in question author's numbers:


"The next biggest user of oil on the planet is China. They currently consume around 8Mbpd of oil and yet they have a population nearly double ours."


As of today, US population stands at 310mln and China's at 1330 mln.  1330/310 ~ 4.2 , not 'nearly double'. This begs the question: if author is unaware of this simple fact, how can we trust his numbers?

Fri, 12/02/2011 - 14:58 | 1939427 treasurefish
treasurefish's picture

Don't be anal.  It was clearly a typo.  

Fri, 12/02/2011 - 02:31 | 1937518 Nobody For President
Nobody For President's picture

I dunno - I kind of like grand and sweeping overviews that, by necessity, simplify the shit out of stuff to make a point. 

And something is sure as hell going to happen with the US and world economy in the forseeable future that ain't good. I can no longer believe the 'muddle through mode' is sustainable, especiallly with a Congress that can't agree on the time of day, much less develop a fiscal policy with any shred of sanity in it. Then there are the 17 nations of the Euro...

Time for my brandy.

Fri, 12/02/2011 - 06:59 | 1937737 Archduke
Archduke's picture

I was wondering when John Perkins would show up on ZH.

Fri, 12/02/2011 - 09:23 | 1937910 Pseudo Anonym
Pseudo Anonym's picture

What if we in the United States just broke free of this parasitic system that only exists to enrich a very few at the expense of BILLIONS of people?

IMHO, a better approach to freedom would be to identify the owners and shareholders of US Corp. with their heads for good.  Otherwise, even if we manage to free ourselves of these parasites, it will be only for a short time as the tentacles will always grow back and subdue the people of this continent again via the same means using a different power, i.e. China.

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