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Guest Post: We Are Not Powerless: Resisting Financial Feudalism

Tyler Durden's picture


Submitted by Charles Hugh Smith from Of Two Minds

We Are Not Powerless: Resisting Financial Feudalism

It's comforting to think "I can't do anything to resist the Central State and its financial Plutocracy," but it's not true. There are many of acts of resistance you can pursue in your daily life; here are 12 perfectly legal ones.

That we are powerless is one of the key social control myths constantly promoted by the Status Quo. What better way to keep the serfs passive than to reinforce a belief in their powerlessness against the expansive Central State and its financial feudalism?

But we are not powerless. Our complicity gives the aristocracy its power. Remove our complicity and the aristocracy falls.

The pathway of dissent is to resist financial feudalism and its enforcer, the expansive Central State. Here are twelve paths of resistance any adult can legally pursue in the course of their daily lives:

1. Support the decentralized, non-market economy. The core ideology of consumerism and financialization is that non-market assets and experiences have no status or financial value. This includes social capital, meals with friends, projects done cooperatively with friends, home gardens and thousands of other decentralized activities that cannot be financialized into centralized market transactions. Identity and social status are established in the non-market economy by collaboration, sharing, conviviality and generosity. Decentralized generally means localized; farmers markets are examples of local market economies where the transactions are in cash (so banks can’t skim transactions fees) and the money stays in the local economy rather than flowing to some distant concentration of capital.

If you start valuing non-market assets and experiences as the most important markers of high status, you are resisting both financialization and consumerism.

Top-down centralized “solutions” imposed by the Central State are the problem, not the solution, as they further the concentration of wealth and power into unstable monocultures. Stop looking to overly complex “reforms” and centralized solutions to unsustainable systems and start exploring decentralized, localized solutions that bypass both the Central State and its financial aristocracy.

2. Stop participating in financialization. Financialization is the insidious imperative of the financial aristocracy that seeks to turn every interaction into a financial transaction that can be charged a fee and all assets into financialized instruments that can be sold for immensely profitable transaction fees.

As the finances of local governments implode under the weight of their protected fiefdoms, many are heeding the siren song of financialization as a temporary (and inevitably disastrous) “fix” to their structural insolvency. For example, the revenue stream from parking meters is financialized into an asset that is sold to a private corporation. When parking fees double, the residents of the city have no recourse via democracy or petition, as the meters in their city are now “owned” by a distant concentration of capital that can double late fees, charge outrageous transaction costs, etc., at will.

This is how financialization inevitably transitions into financial tyranny.

The erosion of America’s middle class financial security has several structural causes, but chief among them was the financialization of the housing market. This led to a bubble of credit and housing valuations and the widespread extraction of equity for consumption—the classic “windfall” that financialization always produces in its first toxic blush. Mortgage debt doubled from $5 trillion to $10 trillion in the bubble, and now America’s indentured homeowners “own” negative equity of $4 trillion. That is, the difference between the market value of the homes they ostensibly “own” and the mortgages they took on to buy the homes is negative $4 trillion.

3. Redefine self-interest to exclude debt-servitude and dependence on consumerism and the Central State. Unless you are long retired and have no other option, minimize reliance on the State. Reliance on the State weakens the correlation between sustained effort and gain, so the work ethic and entrepreneurism both atrophy as they no longer offer competitive advantages in a system where bread and circuses are guaranteed by the State.

4. Act on your awareness that the nature of prosperity and financial security is changing. Dependence on centralized concentrations of power (Wall Street and the Central State) is now an extremely risky wager that what is demonstrably unsustainable will magically become sustainable at some distant point in time via pixie dust or the intervention of aliens from Alpha Centuri. Security flows from resilience, self-reliance, decentralized, diversified sources of income and abundant social capital.

5. Stop supporting distant concentrations of capital that subvert democracy by using their gargantuan profits to buy the machinery of State governance and regulation. For example, stop watching broadcast programming owned by the six global media corporations that control the vast majority of the media/marketing complex.

Stop eroding your health and sending your money to corporate headquarters for distribution to the financial aristocracy—stop frequenting corporate fast-food restaurants and stop buying unhealthy packaged foods from corporate agribusiness.

Close your accounts with Wall Street investment firms and the five “too big to fail” banks that dominate the mortgage, credit and debt markets in the U.S. If you need such an account to transact your business, then maintain low balances so the banks cannot “sweep” your capital for their own use every day.

6. Stop supporting the debt-and-leverage based financial aristocracy. Liquidate all debt as soon as possible, take on no new debt except for short periods of time, explore localized or “crowd-sourced” private-capital loans that exclude the banks and limit the number of financial transactions that enrich the banks and Wall Street.

7. Transfer your assets out of Wall Street and into local enterprises or assets that do not enrich and empower Wall Street.

8. Refuse to participate in consumerist status identifiers and the social defeat they create. Stop admiring and respecting those displaying status signifiers; start thinking of them as pathetic prisoners of a pathological mindset. Stop judging people as “lower value” based on their lack of status signifiers. Free your own mind from the toxic sociopathology of consumerism and social defeat. Stop watching commercial television and minimize your exposure to marketing and consumerist propaganda.

9. Vote in every election with an eye on rewarding honesty and truth and punishing empty promises. Unless the incumbent has renounced corporate contributions, unsustainable debt, financial tyranny and Central State encroachment of civil liberties, then vote against the incumbent, for they are just another lackey of the State-plutocracy partnership. Avoid voting for either the Demopublican or Republicrat branches of the plutocracy; vote for an independent or third party candidate.

Remember that resistance isn’t just about refusing to participate in pathological plutocracy; it’s about establishing a sustainable alternative to the unsustainable State-plutocracy partnership. When people say that voting for a third-party candidate is “wasting your vote,” reply that voting for either of the plutocrat parties is the real waste of a vote because their “leadership” is dooming the nation to destabilization and insolvency. As independents pick up more and more “wasted” votes, they shift from being “marginalized” to becoming powerful voices of honesty and transparency.

10. Stop supporting inflationary policies such as “money creation” by the Federal Reserve and Federal deficit borrowing. Act on your knowledge that inflation is theft and that the Federal Reserve is a private consortium of banks that is the enabler and protector of the parasitic financial aristocracy.

11. Become healthy, active and fit. Refuse to consume unhealthy junk and packaged food, refuse to squander much of your time in sedentary “consumption” of corporate entertainment and digital distraction, and devote your energy and time to mastery, new skills, developing social capital and friendships, projects you “own” and enterprises that benefit your true self-interest. Refuse to follow the marketing/media siren song into chronic ill-health, addiction and social defeat.

12. Embrace self-directed coherent plans and construct a resilient, diverse ecology of identity and meaning. Build a social ecology of positive, active, collaborative, non-pathological people of like minds and spirits. Be powerful via resistance, not powerless via complicity.

It’s easy to confuse faith and political ideology. We resist changing our understanding, as we experience this transition as instability and insecurity. But changing our minds does not require changing our faith; rather, the firmness of our faith—in our Creator, in truth, in prayer, in our ability to help others and prevail—is the bedrock that gives us the discipline and resolve to confront the brutal and unwelcome facts of our circumstances and make coherent plans accordingly.


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Wed, 05/02/2012 - 10:26 | 2391062 F. Bastiat
F. Bastiat's picture

More generally, stick with God, guns, and gold. Those are three proven antidotes to tyranny.

Wed, 05/02/2012 - 10:27 | 2391067 idea_hamster
idea_hamster's picture

"We are not powerless"

Smile for the drone camera.

Wed, 05/02/2012 - 10:29 | 2391079 Pladizow
Pladizow's picture

Fuck all that, concentrate your focus and buy physical gold and silver!

Wed, 05/02/2012 - 10:33 | 2391092 Aziz
Aziz's picture

Or any of CHS's other suggestions. They're all good.

Wed, 05/02/2012 - 10:35 | 2391099 augie
augie's picture


Wed, 05/02/2012 - 10:38 | 2391111 MillionDollarBonus_
MillionDollarBonus_'s picture

What's wrong with consumerism? Kids are having the time of their lives in modern America with the latest entertainment like iPhones, Lady Gaga, Call of Duty, Captain America and other fun things. This is part of the soul of the younger hip generation, and lame, uptight rednecks and off-the-gridder survivalists need to understand and accept this.

Wed, 05/02/2012 - 10:40 | 2391116 Careless Whisper
Careless Whisper's picture

Where's the part about the guillotine?

Wed, 05/02/2012 - 10:42 | 2391125 Aziz
Aziz's picture

It's nice to see MDB doing an original (-ish) one.

Wed, 05/02/2012 - 11:26 | 2391268 Bastiat
Bastiat's picture

He forgot to mention the ADHD, Ritilin, obesity and diabetes.

Wed, 05/02/2012 - 12:03 | 2391389 rayduh4life
rayduh4life's picture

What the hell up with that Ritilin chyte?  Parents and schools drugging up their kids.  FN nuts!

Wed, 05/02/2012 - 12:13 | 2391413 Meatballs
Meatballs's picture

It's all part of the plan. Want to talk about what's wrong with education and the routine drugging of our children? Start here-

If you have a brain you will be mesmerized...and the picture will become clear.

Wed, 05/02/2012 - 12:49 | 2391520 Likstane
Likstane's picture

Like Freddie says, "Turn off your TeeVee"

Wed, 05/02/2012 - 11:13 | 2391232 hack3434
hack3434's picture

Nothing wrong with digital consumerism as long as one can pirate it. Now, if could only get my 3d printer to print iToys...

Wed, 05/02/2012 - 11:30 | 2391285 azzhatter
azzhatter's picture

Take a look at the culture around you Million Dollar Boner. Avoid facebook, Igadgets and get out and smell the roses. There is a whole lot of life enriching free stuff to do. Maybe even try to have a conversation with somebody. Read a good book, they are free at the local library.

Thu, 05/03/2012 - 08:18 | 2393321 MeelionDollerBogus
MeelionDollerBogus's picture

Long-term consumerism is self-starvation - the lack of production, the over-use of savings/credit. In modern realit that's credit/credit.

That's suicide for an economy.

Pay for what you enjoy using cash/silver/gold, not credit, and there should be no problem.

Wed, 05/02/2012 - 10:40 | 2391118 Dixie Rect
Dixie Rect's picture

The Mondoshawans never fully trusted the human race.

Wed, 05/02/2012 - 10:51 | 2391160 The Big Ching-aso
The Big Ching-aso's picture



Some of us aren't impotent.     Just de-nutted.

Wed, 05/02/2012 - 10:57 | 2391183 ParkAveFlasher
ParkAveFlasher's picture

13. BTFD

Wed, 05/02/2012 - 11:22 | 2391257 Buckaroo Banzai
Buckaroo Banzai's picture

13. Stop paying income taxes. Until we cut off the chains of income tax slavery, we will NEVER be free.

Naturally, escaped slaves are dealt with rather harshly.

Wed, 05/02/2012 - 11:32 | 2391288 Cui Bono
Cui Bono's picture

If you want to get out of there you are going to have to learn to communicate

shit... that was for Augie and Aziz

Wed, 05/02/2012 - 14:27 | 2391781 F. Bastiat
F. Bastiat's picture

Well, theoretically at least, the drones should be fairly easy to spot with a bit of image capture and processing.

Wed, 05/02/2012 - 10:27 | 2391071 SheepDog-One
SheepDog-One's picture

F Bastiat no worries....just buy a ticket to heaven--> Buy your way to Heaven! The Catholic Church brings back indulgences - DailyFinance

Wed, 05/02/2012 - 10:32 | 2391088 blunderdog
blunderdog's picture

Kneel before your God and declare your desire to shoot someone.  Brilliant.

Wed, 05/02/2012 - 11:02 | 2391196 InconvenientCou...
InconvenientCounterParty's picture

Actually, it's more like:

Deep down I know God is a marginally useful myth. I compensate for this dissonance by personally acquiring the God-like power to efficiently kill and by garnering as much fear as I can amongst the living. In so doing, I will reveal the beauty of religion and by association, foster the myth of my own merit. 


Wed, 05/02/2012 - 13:58 | 2391659 earleflorida
earleflorida's picture

every man lives in his own temple, and in his temple he is the soul`master of his being and thoughts; his brothers keeper, have no such bearing within this creative template fortified by ones own mythological fortress, other than denying unity; for all,... it would seem only to worship immortality's vanities -  the vestigial of inane indulgences knelling before thy very god, oneself; that hallows out echoed contrition's, and words that find solace only in the obscure presence of mythical deities such as oneself; whilst the naivete`pray in universal unity to another than themselves, knowing that their separatist temples are gathered up by the faithful unheard wings of windsong, the  inexorable breath of the only god; something, so much greater and more humbling than thou, but one, reminiscent the 'music-of-the-spheres'; for legend, myth, or dogmatic solipsism that inquisitive conceptual 'i am, therefore i am',... "that  begins with certainties, shall end in doubts; but if he will be content to begin with doubts he shall end in *[francis bacon /sic/ 1605] certainties"        

Wed, 05/02/2012 - 10:35 | 2391097 Dan The Man
Dan The Man's picture

umm...that first one is kinda tyranny.

Wed, 05/02/2012 - 10:47 | 2391130 Cognitive Dissonance
Cognitive Dissonance's picture

It might be seen that way if you believe that government is not an extension of the people's will, but rather a separate abusive entity. Our naval gazing self centered negligence has enabled this situation to fester to the point where this is precisely what we have. A seperate entity no longer beholden to "We the People".......if it ever really was to begin with. At least in the past it was more responsive to "We the People" when we were angry.

It is not someone else's responsibility to "fix" this problem. It is mine and yours. What are we, each and every one of us, going to do about it?

Wed, 05/02/2012 - 10:54 | 2391174 CH1
CH1's picture

What are we, each and every one of us, going to do about it?

My plan: Ditch the inherently corrupt system and build better lives without it.

The list above is a nice start, but the important thing is to ACT, not just talk.

Wed, 05/02/2012 - 15:38 | 2391983 Think for yourself
Think for yourself's picture

Indeed. All the difference in the world lies between talking the talk and walking the walk.

I've personally completed 1 to 11, although I could probably boost my self-sufficiency more (for instance, I do not have my own garden yet, but aside from olives, capers, french mustard and a few other imported foodstuff, all of my food is either produced in the country I reside in, or even better, comes from the local farmer's market.

I went much farther on the point about voting, as I believe that doing so gives the appearance of legitimacy to an inherently corrupt process, hence I stopped participating in that entire theater. If participation rates dropped below 20-30% it would become obvious that none of the candidates could possibly have the consent of the governed.

As a nomad expat in central america, #12 is a bit hard, but it still looks 10 times better than it did when I was hanging around geek/gamer circles back home.

One thing that I can say about the process is that it is easier than you believe once you have taken the first step. As soon as you start seeing results, it also becomes both addictive and rewarding!

I have to admit that after my last pair of shoes ran out, I used my laziness as an excuse to walk around barefoot. As shoes are probably the main status symbol among teens and young adults, I was constantly countering lots of inquisitive "Where are your shoes?" with "I am wearing the best brand of shoes ever made". I could nearly see the gears turning in the head of little kids when I answered that, as they see gringos as the go-to fashion and lifestyle reference. I enjoyed feeling the bare earth and the grass beneath my feet, but messing with their heads was icing on the cake ;)

Wed, 05/02/2012 - 22:45 | 2392845 thebigmozey
thebigmozey's picture

Where abouts in CA are you - traveled there for 17 months - ended about 4 months ago. 

Great move to relocate - some great places in CA.

If you'd like to communicate, feel free to email me at

Would be interested to hear what you are doing and what country you are doing it in.

Adios, amigo.

John D. Wilson

Wed, 05/02/2012 - 11:32 | 2391255 krispkritter
krispkritter's picture

Are you talking about Iran? "Our naval gazing self centered negligence..." ;)

I believe Gov't was once an extension of the people's will but those days are long gone. Gov't has, like a virus, become something which seeks the destruction of the host, knowing that this in turn may bring about it's own demise.There is no 'will of the people' but only what Gov't 'wills the people to do', usually at the point of a gun. I can't see the overthrow of this system, it's going to come down on it's own. It's time to exit, stage right. I'd rather walk back into a burned out building with the thought of rebuilding than sit in it while it burns, hoping I survive.


Wed, 05/02/2012 - 10:43 | 2391127 besodemuerte
besodemuerte's picture

I'm with ya on Gold and Guns brother, not so much the God thing.  Good luck with that.

Wed, 05/02/2012 - 10:52 | 2391166 CvlDobd
CvlDobd's picture


Many world problems can be attributed to religion. Besides, the man in the sky idea ranks with Santy Clause.

Wed, 05/02/2012 - 11:18 | 2391185 hedgeless_horseman
hedgeless_horseman's picture



I understand how you feel.  However, many more world problems can be attributed to human nature.  You still believe in human nature, right?

Others have felt the same way as you, but what they found when they actually read scripture (for example) is that God is not who they thought He is. 

Incidentally, this was the central problem for the Jews when Jesus came.  They were/are expecting a strong military king as the Messiah, someone like King David, to come kick out the Romans, and restore Jerusalem and the Temple.  Jesus did not fit with their human expectations.  By the way, they are still waiting.

Wed, 05/02/2012 - 11:24 | 2391250 GeezerGeek
GeezerGeek's picture

I prefer to attribute all the world's problems, except for those that can be traced to natural forces (hurricanes, cyclones, earthquakes, etc.), to human nature. Suggesting that "religion" is to blame overlooks the fact that all humans have belief systems and adherence to those systems has consequences. Religions are among those belief systems, but are not the only ones. Some belief systems require acts that are harmful to others, such as ecoterrorists or Islamic fundamentalists. Other belief systems are willfully distorted or totally misunderstood and then used to justify similarly egregious acts - think Spanish Inquisition.

That said, there is at least one worldwide religion whose founders never suggested conquering via violence: Christianity. Unfortunaely, many who professed to follow that religion behaved in most un-Christian ways. They let their human nature overrule their faith.

Wed, 05/02/2012 - 11:37 | 2391295 Buckaroo Banzai
Buckaroo Banzai's picture

Anybody who takes an honest look at themselves, and the world, understands that human beings are almost irredeemably awful. We are the only species that hunts and kills ourselves. When animals of the same species come into conflict with each other, they resolve their conflicts in ways that rarely cause permanent harm. Humans, on the other hand, not only slaughter each other, but take pleasure in it-- either active pleasure or vicarious pleasure...

Human beings love to blame almost everything else for their problems, except for themselves. Atheists and so-called "humanists" scoff at the idea of original sin, but what other explanation is there for our horrible behavior compared to the rest of the creatures on earth.

Jesus said it best-- it is not what goes into us (i.e. the outside world) that defiles us, but that which comes out of us. Matthew 15:11-21

Wed, 05/02/2012 - 13:39 | 2391642 viahj
viahj's picture

you need to watch more Animal Planet and Discovery.  the animal kingdom does indeed have it's murderers and cannibals spread throughout the species.

Wed, 05/02/2012 - 17:44 | 2392312 r00t61
r00t61's picture

You need to look up the behavior of chimpanzees, to start.  Chimps routinely engage in complex, coordinated murders of chimps in other tribes.  The killing is not done for food.  It's done to display power, and to mark territory.  To wit, the preferred murder victim is a chimp child that cannot defend itself. 

Ants enslave other ants to work for them.  Ant colonies will engage upon full-scale wars with other colonies in a display of logistics that would make the most veteran Generals jealous.

When a new male lion takes over a pride, he immediately kills all the cubs in the pride that were sired by the previous leader.  This is done so that all the lionesses go into heat, and he can produce offspring from his genetic line.

The wolverine is noted for the apparent pleasure it takes in killing.  Wolverines will routinely kill creatures, but then do nothing with the carcass.  They don't eat it, they don't store it, they don't use it as a trap or a lure.  They simply seem to enjoy killing.  No scientist has yet been able to explain this behavior.

For a truly twisted example, look up "brood parasite."  The Mafia did not begin in Sicily.  It began with birds.

There are countless more examples.  Nature is a VIOLENT, VIOLENT place.  Just because the golf course looks nice and green, just because your postcard of the Rocky Mountains looks "beautiful," just because your dog (which is a just a domesticated wolf species variant) is a wonderful creature, doesn't obviate this fact.  There's literally billions and billions of creatures engaging in violence right away so that they can perpetuate the life-cycles that they've been genetically encoded with.

Should human beings know better?  Sure.  So far as we can tell, and given the way that we define it, humans are the only animal on the planet that is sentient and sapient.  Self-awareness should be enough for us to resolve our differences in a manner that doesn't involve violence.  That hasn't proven to be the case though.  It's sad but true.  C'est la vie.

But spare us the '60s hippie "humans are the only animal that hurt each other" BS.  Animals conduct inter- and intra-species violence upon each other all the time.  Humans, by virtue of their intelligence, have simply taken the practice of that violence to a new level never before seen in the evolutionary history of the planet. 

Thu, 05/03/2012 - 14:17 | 2394670 earleflorida
earleflorida's picture

:-)) Banzai

Wed, 05/02/2012 - 11:43 | 2391326 CvlDobd
CvlDobd's picture

I believe in the freedom of human nature. I also believe that by nature humans use that freedom poorly but that's just an opinion.

Thanks for the link. I'll check it out.

Wed, 05/02/2012 - 11:46 | 2391338 CvlDobd
CvlDobd's picture

I'll also mention that by nature humans are afraid of what they don't understand so therefore cling to religion for answers. Hence the problems.

Wed, 05/02/2012 - 12:32 | 2391435 hedgeless_horseman
hedgeless_horseman's picture



Most Christians, Jews, and Muslims believe in free will.  This belief appears throughout scripture.  It begins when the creation myth says in Genesis that Adam and Eve ate of the fruit of the tree of knowledge.   

Wed, 05/02/2012 - 17:52 | 2392337 ForTheWorld
ForTheWorld's picture

"I'll also mention that by nature humans are afraid of what they don't understand so therefore avoid using religion for answers. Hence the problems".

It can work both ways really.

Thu, 05/03/2012 - 14:23 | 2394689 earleflorida
earleflorida's picture

@ CvlDobd

please kind sir,... graciously and expediently inform me when human's finally figure out the unknown

Wed, 05/02/2012 - 16:57 | 2392165 Cathartes Aura
Cathartes Aura's picture

which scripture? whose god?  there are SO MANY to choose from, yet posts always assume the reader knows WHICH one of the many he is referring to.

to not acknowledge the "man makes god in his image" truth is to miss the whole point of religion. . .


Wed, 05/02/2012 - 11:06 | 2391216 MachoMan
MachoMan's picture

religion carries the same problem noted by CD...  a separate system not beholden to man...  (or at least the goodwill of the many while ensuring the few are not laid to rest).

Wed, 05/02/2012 - 15:09 | 2391906 F. Bastiat
F. Bastiat's picture

That's a rather dogmatic opinion; don't ya' think?

Wed, 05/02/2012 - 15:14 | 2391923 akak
akak's picture

I absolutely agree.

Wed, 05/02/2012 - 10:50 | 2391155 jus_lite_reading
jus_lite_reading's picture

How many people today have the gall to REALLY do what it takes to shut this corrupt system down? Not many!! Most people still DESIRE the latest gadgets and will do anything to have them and they support this system...

Wed, 05/02/2012 - 11:29 | 2391256 akak
akak's picture

And when was the last time that you heard or saw the concept of privacy publicly defended, or even privately defended for that matter?  It chills me to the bone to see the vast majority of people today not only indifferent to the ongoing erosion of privacy, both at the hands of government as well as those of corporations, but who actively participate in it, and who seem almost eager to give up the last shreds of their privacy (Facebook, cellphone conversations in public, uncovered home windows at night, "black box" monitoring of driving habits in exchange for lower auto insurance rates, ubiquitous use of credit and debit cards instead of cash, etc. etc. etc.). 

Collectively, we are not just being led by the nose into a total-surveillance world that even George Orwell never imagined in his worst nightmares, we are actually and eagerly running toward it.  This world is rapidly becoming a place that I would not want to, and could not, live in, and sometimes in despair I wonder if suicide is not the logical, and only, final option.

Wed, 05/02/2012 - 11:38 | 2391312 duo
duo's picture

maybe that was the plan all along. 

Wed, 05/02/2012 - 12:06 | 2391391 hedgeless_horseman
hedgeless_horseman's picture



The concepts of Freedom, Liberty, and Private Property only mean something if they apply to everyone.*  What our children see us doing in Iraq, Libya, Afghanistan, and Iran weaken any claims we have as a nation built on these concepts.



* Including Muslims

Wed, 05/02/2012 - 12:36 | 2391484 Sean7k
Sean7k's picture

I have to disagree. Dreams are an important part of the motivation that leads us to change. Freedom, liberty and private property can start anywhere, within small circles of influence, to hopefully expand in recognition. 

This battle has been thousands of years, a war fought by all those that would seek to escape the chains of monsters: The leaders of their societies. It has found its' greatest expression in those times when the Elite's control was hampered by population (black plague) or the need for more workers (industrialization). 

True enlightenment is a result of education- which is the answer to the question of why we are taught such a limited curriculum. Information is controlled for a good reason. Once people realize how little they need government, regulation, law and banks- the chains fall by the wayside.

Life is not a utopia, it is a struggle for survival. Security and safety are fleeting, yet amirable qualities that minimize suffering. Societies provide opportunities to exploit these strengths and minimize the weaknesses. Unfortunately, it also allows for the exploitation of the same society through the accumulation of power and influence.

Thus, the answer lies in the construction of societies that eschew centralization and embrace decentralization. Groups that work together to accomplish community while defending the individual from authority. 

Wed, 05/02/2012 - 12:59 | 2391546 hedgeless_horseman
hedgeless_horseman's picture



Nice response.  However, I believe we can neither build, nor maintain, a society based on hypocricy.


Wed, 05/02/2012 - 13:22 | 2391609 Sean7k
Sean7k's picture

Then what do you call every current society on the face of the earth? They are all based on hypocrisy.

Wed, 05/02/2012 - 13:40 | 2391644 hedgeless_horseman
hedgeless_horseman's picture



Maybe I should have included the adjectives just and enduring?  

Regardless, you may be right, but I am not familiar with the founding principals of too many societies other than America. 

I hope you are wrong.


Wed, 05/02/2012 - 17:07 | 2392187 Cathartes Aura
Cathartes Aura's picture

"America" is the definition of hypocrisy,

Definition of HYPOCRISY

1: a feigning to be what one is not or to believe what one does not; especially : the false assumption of an appearance of virtue or religion
Wed, 05/02/2012 - 12:24 | 2391443 TheFourthStooge-ing
TheFourthStooge-ing's picture

akak said:

And when was the last time that you heard or saw the concept of privacy publicly defended, or even privately defended for that matter?

Please check out the site below if you've never seen it. I find it to be, somehow, inspirational.

This world is rapidly becoming a place that I would not want to, and could not, live in, and sometimes in despair I wonder if suicide is not the logical, and only, final option.

I agree with the first half, and while I certainly empathize with the second half, having wondered the same thing myself, I must respond by saying don't make it easy for 'them'. If I'm going down, I'm going to make 'them' take me down and make it as costly for 'them' as I possibly can.

Everybody gets one free last act if they have no concern for the consequences to themself.

Myself, I'll hold off on such a drastic act unless all other possibilities are exhausted, as I'd rather spend my time helping those I care about. Nevertheless, the last ace up the sleeve is always there.


Wed, 05/02/2012 - 13:10 | 2391581 akak
akak's picture

Thank you, FS-ing, for your thoughtful response.

I hope I did not give anyone the impression here that I was on the verge of suicide --- far from it --- but with current trends, and with the accelerating pace of those trends, I can readily foresee a time not too many years away when the degeneration of our society, and the destruction of our freedoms, will be so far advanced that there will be little left for a person such as myself to live for.

Wed, 05/02/2012 - 15:41 | 2392000 TheFourthStooge-ing
TheFourthStooge-ing's picture

akak said:

I can readily foresee a time not too many years away when the degeneration of our society, and the destruction of our freedoms, will be so far advanced that there will be little left for a person such as myself to live for.

The thoughtful person will prepare for such a time by reflecting upon not only what is worth living for, but also what is worth dying for.

Now, rock and roll!

"...sufficiently breathless, nothing left to live for..."

"...learning to die again..."


Wed, 05/02/2012 - 10:53 | 2391172 jmcaule4
jmcaule4's picture

My top wave counts as well as when the expect the next round of QE here:

Wed, 05/02/2012 - 11:01 | 2391199 GeorgeHayduke
GeorgeHayduke's picture

I'm not so sure about the first one on your list. Many of the Christian God's followers have been some of the worst tyrants on Earth although many of the Islamic God's followers are trying to outdo them these days.

Wed, 05/02/2012 - 11:34 | 2391297 GeezerGeek
GeezerGeek's picture

Don't confuse the teachings of a religion with the actions of those who profess to adhere to it. Christianity teaches that man is hopelessly unrighteous, and there are many who both claimed to be Christians and also ignored Christ's teachings. There is nothing in the New Testament to justify the actions of, say, the Spanish Inquisition, for instance. The Quran, on the other hand, does advocate violence as a legitimate action when a refusal to submit or convert is encountered.

Wed, 05/02/2012 - 11:46 | 2391336 Buckaroo Banzai
Buckaroo Banzai's picture

Ann Barnhardt characterizes Islam as a political system, not as a religion. Which makes perfect sense, as any "religion" whose primary goal is to impose its will BY FORCE UNDER THREAT OF DEATH on other human beings is clearly concerned with political relationships and not spiritual ones.

Wed, 05/02/2012 - 12:30 | 2391468 TheFourthStooge-ing
TheFourthStooge-ing's picture

Ann Barnhardt also advocates a first strike nuclear attack against all nations which are predominantly Moslem.

I don't think that would sit very well with Jesus.

It's like she's all for imposing her will, by force, under threat of death, on other human beings.


Wed, 05/02/2012 - 16:48 | 2392128 LFMayor
LFMayor's picture

When He comes back He's gonna be Pist.  Ask the moneychangers about Prince of Peace.

Ann B is responding with overwhelming force to a threat.  That, and she, are both spot on.

Sell you damn cloak and buy an AK, fool.

Wed, 05/02/2012 - 18:28 | 2392407 TheFourthStooge-ing
TheFourthStooge-ing's picture


Ann B is responding with overwhelming force to a threat.  That, and she, are both spot on.

"Jesus hates the little children,
all the children of the world.
If they're anything but white,
please remove them from his sight.
Jesus hates the little children of the world."

Sorry, but something just doesn't seem right about it.

I'm pretty sure that responding with overwhelming force to an imaginary threat is in direct opposition to the teachings of Christ.


Wed, 05/02/2012 - 17:30 | 2392278 Cathartes Aura
Cathartes Aura's picture

Ann Barnhardt?  isn't that the strict Catholic, pink AK toting, Qur'an burning ex-financial advisor?

yeah, she's a source.

(of horror/amusement)

Wed, 05/02/2012 - 12:47 | 2391514 Sean7k
Sean7k's picture

Then why follow the teachings at all? Are not "teachings" the products and desemination of the leaders of a faith? Should we just then depend on the voice of God, to make himself known, even from the rocks themselves?

A religion is a reflection of its' teachings and how their followers express them. To begin with the concept of hopelessly unrighteous and the absolute failure of its' adherents is a cop out. If the teachings have not the power to change or modify behavior, then they are useless. 

If the same teachings are wielded as a weapon to control and tax its' believers, what are the believers to make of that? That the rules have dual applications, depending on your position in the faith?

To extoll a set of beliefs and then release all its' practitioners of any responsibility in this lifetime is nothing more than a con. 

Wed, 05/02/2012 - 11:57 | 2391355 hedgeless_horseman
hedgeless_horseman's picture



Many of the Christian God's followers have been some of the worst tyrants on Earth


"Do not put your trust in princes, in mortal men, who cannot save."


Psalm 146:3

Wed, 05/02/2012 - 13:55 | 2391682 F. Bastiat
F. Bastiat's picture

Not even close.  The mayhem unleashed upon humanity in the 20th century was the work of atheists, primarily; here are the stats, courtesy of savageleft dot com:

Table 1: The 20th Century Collectivist Death Toll

Collectivist Regime Religion Murder Toll (Millions) Period Union of Soviet Socialist Republics Atheist 61.911 1917-1987 Chinese Communists Atheist 35.236 1949-1987 German (National) Socialists Pagan 0.946 1933-1945 China (Mao Soviets) Atheist 3.466 1923-1949 Cambodian Communists Atheist 2.035 1975-1979 Vietnamese Communists Atheist 1.670 1945-1987 Polish Communists Atheist 1.585 1945-1948 Yugoslavian Socialists Atheist 1.072 1944-1987 North Korean Communists Atheist 1.663 1948-1987         Grand Total   129.6

70 Years

Wed, 05/02/2012 - 22:59 | 2392864 MeelionDollerBogus
MeelionDollerBogus's picture

Vatican: bible-thumping crusades of torture and death

Hitler: a Catholic

pretty much tops all the others for me.

Commies did less killing than what you claim. Much less.

I don't even believe all the "Commies" were even atheists.

Vote down for you. Catholics did centuries of murder and are Enemy #1 on the planet right next to ALL Central Banks.

I regard the Vatican as the most supreme evil to EVER exist.

Wed, 05/02/2012 - 15:17 | 2391934 dolly madison
dolly madison's picture


More generally, stick with God, guns, and gold. Those are three proven antidotes to tyranny.


As if the notion of God was never used tyranically.

Thu, 05/03/2012 - 00:46 | 2393022 Lord Koos
Lord Koos's picture

Yeah as if religious beliefs have NEVER been used to control the masses.

Thu, 05/03/2012 - 06:06 | 2393202 Monk
Monk's picture

Actually, that's what tyrants go for in poor countries.


Wed, 05/02/2012 - 10:28 | 2391064 idea_hamster
idea_hamster's picture


Wed, 05/02/2012 - 10:26 | 2391068 nobusiness
nobusiness's picture

I agree.  Move your assets to local banks and leave your debt at the big banks.

Wed, 05/02/2012 - 10:29 | 2391078 HoofHearted
HoofHearted's picture

Better yet, move your FRNs into assets with zero counterparty risk...see above idea on the three Gs, though I prefer to diversify even more than that. 

Wed, 05/02/2012 - 11:49 | 2391342 Conor
Conor's picture

Debt  is an asset to a bank.  They make money on the interest you pay.

Cash deposits are a liability to a bank.  They have to pay you interest.

I understand your point, though, if the plan is to take out huge loans and then refuse to pay them back.  But then again, that is what has happened with housing, and the Fed is bailing out the banks anyway.

Wed, 05/02/2012 - 10:28 | 2391069 carbonmutant
carbonmutant's picture

Collateral damage...

Wed, 05/02/2012 - 10:52 | 2391167 Cognitive Dissonance
Cognitive Dissonance's picture

Quick. To the Batcave.

Wed, 05/02/2012 - 10:28 | 2391070 Gene Parmesan
Gene Parmesan's picture

Bailing against the tide, unfortunately.

Wed, 05/02/2012 - 10:29 | 2391081 blunderdog
blunderdog's picture

Good list.

Wed, 05/02/2012 - 10:40 | 2391120 dick cheneys ghost
dick cheneys ghost's picture

End the "petrodollar" system and the wars end............I would rather pay $10 per gallon in gas than taxes to the STATE to Maintain this system and the MIC that goes along with it....


The following video is about the Carlisle Group (46 min) and will make you sick to your stomach

Wed, 05/02/2012 - 10:52 | 2391162 blunderdog
blunderdog's picture

Gummit is obviously hard at work at ending the petrodollar system.

Democracy, yo.

Wed, 05/02/2012 - 10:32 | 2391087 Whatta
Whatta's picture

Yeah, all that...except then "they" will change the rules further/faster. Cashless society, National ID with RFID chip, Report For Duty stations, 24/7/365 surveillance via cell phones/gps/auto....all this and more so that we can't escape their system.

Wed, 05/02/2012 - 10:49 | 2391150 CH1
CH1's picture

we can't escape their system.


We are many, they are few; we produce, they do not.

If we ACT, they lose.

But if we merely talk, while they continue to act, we stay screwed.

Wed, 05/02/2012 - 11:30 | 2391284 vs an army all alone
vs an army all alone's picture

The surveillance part is already in the job bill along with passport confiscation. They are moving faster than you can read the bills.

Wed, 05/02/2012 - 11:38 | 2391313 GeezerGeek
GeezerGeek's picture

They are moving faster than Congress can read the bills. But what does it matter? Nothing would change, even if every bill were read thoroughly.

Wed, 05/02/2012 - 22:54 | 2392857 MeelionDollerBogus
MeelionDollerBogus's picture

RFID is so out-dated. You'll be scanned for DNA identification (go to website and see) and that will be your never-removed serial-number.

Wed, 05/02/2012 - 10:33 | 2391089 DaveyJones
DaveyJones's picture

13. make your own beer

Wed, 05/02/2012 - 10:44 | 2391129 besodemuerte
besodemuerte's picture


Wed, 05/02/2012 - 10:47 | 2391140 jus_lite_reading
jus_lite_reading's picture

Truth be told, making your own beer (and doing it well) really is a survival skill...

Beer is healthy, easy to make and can be bartered

Wed, 05/02/2012 - 11:44 | 2391333 DaveyJones
DaveyJones's picture

...and great long term storage and a great source of b complex vitamins

plus it makes you feel too big to fail (for a few hours) 

Thu, 05/03/2012 - 00:49 | 2393026 Lord Koos
Lord Koos's picture

Beer makes you fat and stupid.

Wed, 05/02/2012 - 11:52 | 2391351 Wakanda
Wakanda's picture

13.  b. Drink your own beer

Wed, 05/02/2012 - 10:32 | 2391091 Bahamas
Bahamas's picture

13) Come to the Bahamas, buy a piece of land, work your field and catch your fish. You will never need  heating, that's provided free of charge from the sun. If you are hot: go for a swim and cool off. If the oceans rise and you least you've died in paradise.

Wed, 05/02/2012 - 10:48 | 2391148 jus_lite_reading
jus_lite_reading's picture

Perhaps on one of your uninhabited islandsf but NOT near Nasau...

Wed, 05/02/2012 - 11:30 | 2391261 LouisDega
LouisDega's picture

I say Jamaica, ( Queens ). 

Wed, 05/02/2012 - 11:43 | 2391329 GeezerGeek
GeezerGeek's picture

But if lots of people moved to the Bahamas, the islands might tip over! Remember Congressman Hank Johnson, Democrat from Georgia, expressing similar thoughts about Guam?

Wed, 05/02/2012 - 12:00 | 2391374 pods
pods's picture

It's freaky, but it happens.

Wed, 05/02/2012 - 13:54 | 2391658 hedgeless_horseman
hedgeless_horseman's picture



No, the Congressman just worries that Guam could tip over if the US stations too many troops on one side.  An important danger to consider, just like...ummm...well...what would happen if we drill more holes in the bottom of the Gulf of Mexico?  It could drain!  We must consider these important environmental factors.

Wed, 05/02/2012 - 16:49 | 2392136 LFMayor
LFMayor's picture

This is exactly what gives me hope.   If that's their A list, we are so gonna win this thing.

Wed, 05/02/2012 - 10:34 | 2391093 Jason T
Jason T's picture

the greatest movie intro ever.

Wed, 05/02/2012 - 10:37 | 2391105 Bahamas
Bahamas's picture

looks like he's jerking off the mike

Wed, 05/02/2012 - 10:45 | 2391115 hedgeless_horseman
hedgeless_horseman's picture



"This same battle continues throughout the world, today."


15)  Take out the middlemen between you and God.  Read scripture.  Sit quietly.  Pray.  Listen. 



Wed, 05/02/2012 - 11:27 | 2391275 Anton LaVey
Anton LaVey's picture

Listen to the nice gust of wind between your ears, you mean?

Or, as Myamoto Musashi once said: “Respect Buddha and the gods without counting on their help".

Seriously, though, counting on an imaginary grandfather in the sky to help you is... Well... Childish.

Wed, 05/02/2012 - 11:52 | 2391350 Buckaroo Banzai
Buckaroo Banzai's picture

Well, yeah, if that's your avatar, then what else would you say!

Wed, 05/02/2012 - 13:16 | 2391593 lakecity55
lakecity55's picture

begone, lucerferian illuminati troll!

Wed, 05/02/2012 - 15:31 | 2391972 dolly madison
dolly madison's picture

Seriously, though, counting on an imaginary grandfather in the sky to help you is... Well... Childish.

Yes, the biggest reason I have no god is I no longer want a parent.

Wed, 05/02/2012 - 16:51 | 2392139 LFMayor
LFMayor's picture

despite the fact that you desperately need one.


Wed, 05/02/2012 - 17:48 | 2392324 Cathartes Aura
Cathartes Aura's picture


When they lose their sense of awe,
people turn to religion.
When they no longer trust themselves,
they begin to depend upon authority.

Therefore the Master steps back
so that people won't be confused.
He teaches without a teaching,
so that people will have nothing to learn.


Wed, 05/02/2012 - 16:53 | 2392147 LFMayor
LFMayor's picture

hey look, it's the scary satanist.  You know, the one who pooh poohs on violent methods.

I think the book you were looking for was the "Illustrated book of cock-rings" and you just picked the wrong one up.

Wed, 05/02/2012 - 10:50 | 2391158 francis_sawyer
francis_sawyer's picture

"Greatest story ever told!"


(all, conveniently, in 3 hours & 39 minutes... With an INTERMISSION to pause for refreshments)

Wed, 05/02/2012 - 22:48 | 2392850 MeelionDollerBogus
MeelionDollerBogus's picture

I'm atheist. I want to be ruled by sensible laws, not religion and not dictators (same thing to me)

Wed, 05/02/2012 - 10:33 | 2391094 ebworthen
ebworthen's picture


Self-sufficiency the first step to independence.

Not participating, not contributing, not being bled the best way to break the back of the system.

Wed, 05/02/2012 - 10:46 | 2391136 CH1
CH1's picture

Yes, and most of all, ACTING.

Talking is a way to avoid doing.

Weu must begin by overcoming inertia.

Wed, 05/02/2012 - 17:51 | 2392332 Cathartes Aura
Cathartes Aura's picture

up votes for you both.

dis-engage from the pack, and do what needs doing, incre-mentally. . .

Thu, 05/03/2012 - 00:53 | 2393031 Lord Koos
Lord Koos's picture

A journey of 1000 miles begins with a single step.

- Chinese proverb

Wed, 05/02/2012 - 10:35 | 2391100 Dan The Man
Dan The Man's picture

Love this list...number 11 is a real bitch though.

Wed, 05/02/2012 - 10:46 | 2391137 besodemuerte
besodemuerte's picture

Does #11 say we should stop following Zero Hedge?  

Wed, 05/02/2012 - 12:12 | 2391410 Decolat
Decolat's picture

Treat it like calories. You can still stare at the computer screen, just reduce your screen-staring intake. 


Honestly though, the less a person stares at a screen (tv screen, computer screen, windscreen, smartphone screen, etc.) the better off a person will be.


Wed, 05/02/2012 - 10:37 | 2391102 debtor of last ...
debtor of last resort's picture

The gubmint will Greek you and tax your hair growth.

Wed, 05/02/2012 - 10:52 | 2391165 francis_sawyer
francis_sawyer's picture

they already got me by the pubes...

Wed, 05/02/2012 - 10:37 | 2391103 El Viejo
El Viejo's picture

Is this another 12 step program?

Investors Anon ?

Wed, 05/02/2012 - 10:37 | 2391104 sabra1
sabra1's picture

13. turn a bankster, politician, criminal elite bastard into a lamppost windchime. as a reward, you get to inherit their monies and properties! NO PROSECUTION!!!! 

Wed, 05/02/2012 - 10:37 | 2391106 QQQBall
QQQBall's picture

CHS has been crushing it lately

Wed, 05/02/2012 - 10:42 | 2391112 death_to_fed_tyranny
death_to_fed_tyranny's picture

Take care of the immediate family. Stop trying to grow grass and grow Food. Barter. Cash out FRN backed 401K. Buy Assets. Tools. Gold. Silver. Build an off grid solar panel system. Purchase wood burning stove. Build water storage system. Find like minded people and network. One caveat. You are now a terrorist in the eyes of the morally corrupt Federal System. Sic Semper Tyrannus!

Wed, 05/02/2012 - 10:49 | 2391154 Bahamas
Bahamas's picture

buy tools!! that's a good advice! I agree also with all the rest

Wed, 05/02/2012 - 11:24 | 2391262 Waterfallsparkles
Waterfallsparkles's picture

What type of Grass are you talking about?

Wed, 05/02/2012 - 11:34 | 2391299 death_to_fed_tyranny
death_to_fed_tyranny's picture

The "grass" you mow. The other type of "grass" is ok to grow. It makes a great barter item.

Wed, 05/02/2012 - 11:33 | 2391293 duo
duo's picture

get a motorcycle driver's license and buy a 100 MPG scooter.  Do not buy a new car, but if you have to, avoid GM especially (why finance BHO's reelection?).

Learn to grow medicinal herbs and to make extracts out of them.  Learn how to make beer, wine, and other fermented things.  Learn how to propogate yeast.  All of your prepper neighbors with hundreds of pounds of flour won't be able to do much without yeast.

Wed, 05/02/2012 - 10:39 | 2391119 Racer
Racer's picture

Everytime I get an offer to 'improve payment method' by using direct debit I refuse!

Wed, 05/02/2012 - 10:41 | 2391123 Racer
Racer's picture

I have for years wondered why anyone would want to pay for clothing that has HUGE branding on it.... you are paying through the nose to be a walking advert for them!

Wed, 05/02/2012 - 11:28 | 2391276 eftian
eftian's picture

Advertise with these instead.



Wed, 05/02/2012 - 10:45 | 2391134 wisefool
wisefool's picture

13. Do not make enough money to owe taxes. or child support. or your contribution to healthcare. get on every subsidy you can. spending all your effort on this might take up all your time so that you make faulty nuclear reactors, or dont have time to help repair them before they cause an ELE. If you have employees, make sure you pay the tax attorneys and 501c3 types more than engineering and production folks.

... err, wait, thats General Electric. The epitome of what is wrong with the status quo. I am so confused.

Wed, 05/02/2012 - 10:47 | 2391138 mr. mirbach
mr. mirbach's picture

The NDAA would make me nervous about writting truths such as these....

Wed, 05/02/2012 - 10:50 | 2391157 CH1
CH1's picture

And reasonably so. But we must do it anyway.

Wed, 05/02/2012 - 11:08 | 2391205 Paul Atreides
Paul Atreides's picture

We all stand together.

I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain.

Wed, 05/02/2012 - 10:48 | 2391147 Downtoolong
Downtoolong's picture

For example, the revenue stream from parking meters is financialized into an asset that is sold to a private corporation. When parking fees double, the residents of the city have no recourse via democracy or petition, as the meters in their city are now “owned” by a distant concentration of capital that can double late fees, charge outrageous transaction costs, etc., at will.

It can get worse, when those corps turn around and sell the meters back to the state for a huge capital gain, after they have presumably increased the NPV with a higher future income stream. The corps then arrange financing for the state to leverage the buyback, again at public expense.

Wed, 05/02/2012 - 10:53 | 2391161 jal
jal's picture

Teach what you know about the consequences of leveraging and exponential growth.

Realize that your desire, (plus those of everyone else), for a better life for yourself and your children is the cause of GROWTH which is unsustainable.

You and Your desires are being manipulated so that someone else can benefit.



Your local businesses, well-to-do professional middle class that are depending on YOUR cash flow/spending are going to be the biggest losers with the reset.



Wed, 05/02/2012 - 10:51 | 2391163 buzzsaw99
buzzsaw99's picture

In other words buy crAAPL products because they will make you look cool?

Wed, 05/02/2012 - 12:00 | 2391327 akak
akak's picture

iStink, therefore iSham.

Wed, 05/02/2012 - 12:48 | 2391515 TheFourthStooge-ing
TheFourthStooge-ing's picture

iFad, therefore iFail.


Wed, 05/02/2012 - 10:52 | 2391169 Shizzmoney
Shizzmoney's picture

As much as it would suck for people I like, all of these motherfuckers who shit on #ows and #endthefed movements are gonna be in for a big surprise when one morning, their 401K gets cleaned out.

I can't afford a 401K, so I'm gonna be the one laughing all the way to the bank (of my mattress!).

Wed, 05/02/2012 - 11:29 | 2391283 Waterfallsparkles
Waterfallsparkles's picture

Well, I would recommend Real Estate but the States and Countys are trying to conficate it one piece at a time thru exorbitant Property Taxes.  Pay $100,000. for a property?  In 15 years you will have to pay another $100,000 in property taxes just to keep it.

Wed, 05/02/2012 - 11:53 | 2391353 GeezerGeek
GeezerGeek's picture

High taxes are the price we pay for overbearing, inefficient government.

Wed, 05/02/2012 - 11:51 | 2391186 Seize Mars
Seize Mars's picture

I read Charles Hugh Smith's book "Investing for Troubled Times." I liked it, but I have the following friendly criticisms.

I think it was written in a way that is a little too conversational. Admittedly, I spend most of my reading time in technical or mathematical stuff because of my job, so I tend to lose patience with lots of "words." But I think his thoughts were extremely qualitative, and perhaps a bit rambling.

The book, in short, had a way of seeming like a really, really long blog post.

If it had been more concise, like the above article, it would have been even better. Still, it was good, and definitely worth reading. So I recommend it.

Wed, 05/02/2012 - 11:02 | 2391203 GMadScientist
GMadScientist's picture

In short, disintermediate.


Wed, 05/02/2012 - 11:02 | 2391204 steelhead23
steelhead23's picture

ZH is all over the board.  I tend to see you guys as Uber Capitalists, not because you run some TBTF bank, but because you believe in capitalism and the free market.  I tend to see ideologues as easy to manipulate.  That is, if you believe capitalism/free markets are the keys to prosperity and happiness, all the thieves have to do is paint sensible regulation of the markets (say to reduce thievery) as an afront to the free market and I would expect your knees to jerk.  That you would publish this anti-capitalism admonition suggests a broader view than I would expect.  CHS comes very close to speaking for the 99.  Thank you.

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