Guest Post: You Ain't Seen Nothing Yet - Part Two

Tyler Durden's picture

Submitted by Jim Quinn of The Burning Platform

You Ain't Seen Nothing Yet - Part Two

This is Part Two of a three part series trying to make sense of the Crisis period we entered in 2008. Click here to read: PART ONE

Catalyst of Change

“As late as December 1773, November 1859, and October 1929, the American people had no idea how close it was. Then sudden sparks (the Boston Tea Party, John Brown’s raid and execution, Black Tuesday) transformed the public mood, swiftly and permanently. Over the next two decades or so, society convulsed. Emergencies required massive sacrifices from a citizenry that responded by putting community ahead of self. Leaders led, and people trusted them. As a new social contract was created, people overcame challenges once thought to be insurmountable – and used the Crisis to elevate themselves and their nation to higher plane of civilization.”Strauss & Howe - The Fourth Turning




Anyone who hasn’t sensed a mood change in this country since the 2008 financial meltdown is either ignorant or in denial. Millions of Americans fall into one of these categories, but many people realize something has changed – and not for the better. The sense of pure financial panic that existed during September and October of 2008 had not been seen since the dark days of 1929. Our leaders used the initial terror and fear to ram through TARP and stimulus packages that rewarded the perpetrators of the financial collapse rather than helping the middle class who lost 8 million jobs, destroyed by Wall Street criminality. The stock market plunged by 57% from its 2007 high by March 2009. What has happened since September 2008 has set the stage for the next downward leg in this Crisis. The rich and powerful have pulled out all the stops and saved themselves at the expense of the many. Despite overwhelming proof of unabashed mortgage fraud, rating agency bribery, document forgery on a grand scale and insider trading based on non-public information, the brazen audacity of Wall Street oligarchs is reminiscent of the late stages of the Roman Empire.    

“Crime, once exposed, has no refuge but in audacity.”
? Tacitus, Annals 

The actions of the governing elite have provoked the darkening mood creeping across the land. The rise of the Tea Party in 2009 was fueled by anger over the bank bailouts, out of control federal spending and ever increasing taxes. The anger spilled over into town hall meetings, as Congressmen felt the wrath of public dissatisfaction. The fury propelled Tea Party Republicans to being elected in large numbers in 2010. But the movement was hijacked by the Republican establishment and defanged. As 2011 progressed, with Wall Street continuing to pillage the American middle class, the Occupy Movement spread to cities across America and around the world. The movement, led by Millenials, claims that mega-corporations and Wall Street manipulate the world in an unbalanced way that disproportionately benefits a super wealthy minority and is undermining democracy. They have shone a light upon the fact the 1% has used their wealth and power to plunder the national treasury, while impoverishing the 99%. The audacity of the 1% was on display for all to see when former Goldman Sachs CEO and former U.S. Senator Jon Corzine absconded with $1.2 billion of his customers’ money and continues to hide it in the vaults of his fellow robber baron Jamie Dimon at J.P. Morgan. To this day, no one has been jailed for this heist or any of the thousands of other crimes committed by the Wall Street titans. These psychopaths will not be satisfied until nothing remains of our country but a barren desert.

“They have plundered the world, stripping naked the land in their hunger… they are driven by greed, if their enemy be rich; by ambition, if poor… They ravage, they slaughter, they seize by false pretenses, and all of this they hail as the construction of empire. And when in their wake nothing remains but a desert, they call that peace.”Tacitus, The Agricola and the Germania 

A few weeks ago I watched The Grapes of Wrath movie for the first time in many years. The novel was written by John Steinbeck during the last Fourth Turning. It is as powerful today as it was in the 1941. It perfectly captures the mood of the country during the Great Depression. The message of the working class being exploited and manipulated by wealthy landowners resounds today. The Joads only sought an opportunity for a job, their own land, simple human dignity, and the chance for a better future. Wall Street has replaced the wealthy landowners as the exploiters of the working class. Steinbeck saw the Federal Government as a solution during the 1930s, but they are a major part of the problem today, as politicians have been captured by corporate and special interests. Their solutions do not benefit the average middle class American.


The feelings about our government and political system is reflected in Suzanne Collins’ Hunger Games novel, which captures the vein of government brutality, oppression of the working class, excessive wealth inequality, and the vapid shallowness of our American Idol culture. The Hunger Games was written in 2008 and the movie version has become a worldwide sensation. The immense divide between the wealthy ruling class, living an obscenely decadent lifestyle, and the exploited working class on the verge of starvation, is portrayed in a cruelly sadistic manner. The fact that it is appealing to Millenials and all generations says much about the changing of attitudes in the last four years. Hunger Games will be viewed as the modern day Grapes of Wrath by future generations.         

There is no denying the darkening disposition of the country, except by those whose job it is to deny the reality of our deteriorating situation. Those whose power and wealth are dependent upon a citizenry being kept in the dark and convinced the way out of this mess is to resume spending borrowed money, have pulled out all the stops since the initial catalyst for this Fourth Turning struck with its full fury in 2008. The frantic efforts by those in power to prop up the status quo were predictable. If our leaders had dealt with the initial crisis in a realistic manner, many wealthy powerful men would have gone broke. They have been able to temporarily fend off a full-fledged catastrophe as predicted by Strauss & Howe:

“At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability – problem areas where, during the Unraveling, America will have neglected, denied, or delayed needed action. Anger at “mistakes we made” will translate into calls for action, regardless of the heightened public risk. It is unlikely that the catalyst will worsen into a full-fledged catastrophe, since the nation will probably find a way to avert the initial danger and stabilize the situation for a while. Yet even if dire consequences are temporarily averted, America will have entered the Fourth Turning.”

But they have solved nothing. In fact, they have exacerbated the problem areas of debt, civic decay and global disorder with their “solutions”. Our leaders have added $5.6 trillion to the National Debt; the Federal Reserve tripled their balance sheet by taking on $2 trillion of Wall Street toxic debt; the Federal Government assumed trillions in new debt by taking over Fannie Mae, Freddie Mac and Sallie Mae; and real GDP went up by a mere $103 billion (.8%) between the 4th quarter of 2007 and the 4th quarter of 2011. Rescuing the 99% was never the focus of their solutions. It was to save the bankers and wealthy investors (1%) who took the world destroying risks and should have borne the losses of their risk taking. The oligarchs have been wildly successful in this effort. The stock market has doubled from its lows. Borrowing at 0% from the Federal Reserve has done wonders for banker bonuses.   Global disorder increases by the day, as politicians and bankers force austerity on their citizens, while continuing to harvest billions in profits and bonuses still waging wars of choice, further enriching the peddlers of debt and the peddlers of death (military industrial complex).


The Great Depression lasted from 1929 until 1940. The GDP of the country actually grew by 80% between 1933 and 1940. The stock market soared by 100% from the 1932 low to its 1933 high. It then soared another 100% from 1934 through 1937. Despite these fabulous economic statistics and investment riches scooped up by the 2.5% of the population that owned stocks, they still call this time period the Great Depression. With unemployment ranging from 15% to 25% during this entire time frame, the common man suffered greatly. There was no recovery for the 99%.

The net worth of the 99% is highly dependent on the value of their homes and their ability to increase their annual wages. Home prices have fallen 34% from their peak and continue to fall, recently reaching 2002 levels. Real median weekly earnings are lower than they were in 2003 and have fallen 3% since the economy supposedly entered its recovery in December 2009. Gas prices have doubled since early 2009. The 1% rejoices as they treat oil as an investment in their diversified portfolio. The 99% suffer as the average household is spending $2,500 per year more to fill up their vehicles. Food prices are up 15% to 25% in the last three years, even using the manifestly manipulated BLS figures.

It is essential for those in power to utilize their mainstream media propaganda machines, massaging of economic information and Ben Bernanke’s printing press to give the appearance of recovery to the masses. In the last three months the hyperbole and extreme spin from the corporate mainstream media has become exceedingly robust. It smells of desperation. Even as the media touts a recovery and Obama peddles drivel about millions of new jobs, Bernanke keeps the throttle of quantitative easing and zero interest rates wide open. Their actions are not consistent with their rhetoric. People who had jobs as accountants making $55,000 per year in 2007 are now stocking fertilizer in the garden center at Lowes making $20,000, with no benefits. This is the face of the jobs recovery. Only a corporate media doing the bidding of their masters could possibly rejoice at the February data showing consumers spending at a rate 450% higher than their income gains as a sign of recovery. There is a concerted effort to revive the auto market by the Federal Government (Ally Financial) and the Wall Street banks by employing exceptionally loose credit standards for auto loans and leases that are reminiscent of the subprime mortgage debacle. I’m sure it will turn out better this time. The downward spiral of trust is accelerating as predicted by Strauss & Howe:

As the Crisis catalyzes, these fears will rush to the surface, jagged and exposed. Distrustful of some things, individuals will feel that their survival requires them to distrust more things. This behavior could cascade into a sudden downward spiral, an implosion of societal trust.”

The downward spiral of societal trust is well founded. The monied interests have captured the political process. The regulated have captured the regulators. Wall Street has always controlled the Federal Reserve. Corporations and the wealthiest among us select the politicians that will best serve their interests. The governing elite of psychopathic bankers, corrupt politicians, and powerful mega-corporations create crises, then save us from the crises they created, while accumulating more control, wealth and power. This perpetual swindle has been going on for decades and has reached its zenith as it did during the last Fourth Turning. Income inequality has reached the extreme levels last seen in the 1930s. The capitalism storyline has grown old and tired. Complete systematic capture is the reason for those at the top reaping all the benefits of our dysfunctional economic system.

The rampant mortgage fraud, the robo-signing crimes, trillions of shadowy derivatives, unfunded government pensions, unfunded Medicare and Social Security promises, and the bald-faced looting of customer accounts at MF Global have brought about a realization among those capable of critical thought that this Crisis is growing worse by the day. Strauss & Howe clearly understood the factors that would lead to this deficit of trust:

“But as the Crisis mood congeals, people will come to the jarring realization that they have grown helplessly dependent on a teetering edifice of anonymous transactions and paper guarantees. Many Americans won’t know where their savings are, who their employer is, what their pension is, or how their government works. The era will have left the financial world arbitraged and tentacled: Debtors won’t know who holds their notes, homeowners who owns their mortgages, and shareholders who runs their equities – and vice versa.”

Here we stand, three and a half years since the catalyst of this Crisis. What event or events will produce the regeneracy stage of this Fourth Turning and when can we expect its arrival? I’ll try to make some educated guesses in Part Three of this series.

Click here to read: PART ONE

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Gene Parmesan's picture

We need a better image or logo for 2008-and-beyond than GLOCAL MELTDOWN.

SheepDog-One's picture

I was wondering WTF to that too.

boogerbently's picture

Does Tyler believe in the "Mayan Calendar" doomsday scenario, also?

....a bit excessive, I think.

AccreditedEYE's picture

Not really... if you talk to your average small business owner in the US, they will tell you nothing has improved. Most are still hanging on by a thread. If Ben gets his way and inflation soars they will be toasted.

Fukushima Sam's picture

Read The Fourth Turning, dude.  It is an amazing read and very prescient.

HarryHaller's picture

Call it excessive if you want, but you ignore it at your own peril.  It has nothing to do with galactic alignments or invisible rougue planets.  It's an interpretation of history based on generational dynamics, and Strauss & Howe run the gamut of western civilization to support their theory.  Major crises take a long time to play out (Strauss and Howe argue about an entire generation) - with a lot of changes - and a lot of sacrifices (including the ultimate) are made by the people involved along the way.  This book grows more prescient and pertinent day by day.  If it helps you understand how you fit in to this crisis, and suffer only hardship instead of outright calamity, it could be one of the most valuable books you'll ever read.

DavidPierre's picture


vs. TPTB ...

Spouting economic gibberish...

Fawning before establishment power...

Awkwardly falling all over himself...

E.B. will accept their price...

Rather than admit the Truth.


Jim Quinn's picture

David Pierre

Maybe you can ask a 3rd grader to try and explain the article to you.



DavidPierre's picture

We’re Not in Kansas Anymore SmokeyQuinn

"If we understand the mechanism and motives of the group mind, it is now possible to control and regiment the masses according to our will without them knowing it."

The proliferation of the 9/11 Big Lie has been spread by you and other mouthpieces in the corporate media. The purpose is to convince the ignorant masses. The Boomer propaganda being spouted by those who depend upon 'divide and conquer' politics shows your ameriKlan ignorance is relentless. Nothing could be further from the truth. The USSA has experienced abnormal psychotic blogging by the citizens of your Fascist country, aiding and abetting in the Offal-cial 9/11 cover-up.

Tell us something we don't already know. Enough with the charts and graphs and regurgitated stories of economic Doom.


Occam's Razor

... Bitch!

Lex Parsimoniae !


Till then... Your Ignorance is Your Strength

9/11 Is the LitmusTest

Jim Quinn's picture

Mental illness is a tragedy.

Tompooz's picture

"Mental illness is a tragedy."

Mad  means angry here. Are you saying that anger is madness?

Hugh G Rection's picture

mental illness, means using critical thinking skills to come up with logical conclusions.

FreeNewEnergy's picture

I don't know why DavidPierre (aka the Golden Jackass, Jim Wilie CB - some of us are aware) always gets his knickers twisted whenever Jim Quinn pens an article. Quinn isn't always correct, but this article is well-founded, and, I might add, DP probably agrees with much of it.

Must be some long ago feud that's never been settled. Too bad, because both of you guys are pretty much on the same page.

Eh, who knows, but I find DP's comments to be unjustified.

Hugh G Rection's picture

I had similar questions when I happened upon one of their feuds.  Ask DP to post some of Quinn's comments regarding the 9/11 truth movement.

Bringin It's picture

FreeNE - I don't know why DavidPierre (aka the Golden Jackass, Jim Wilie CB - some of us are aware) always gets his knickers twisted whenever Jim Quinn pens an article. 

It's right here from a few posts above.

9/11 Is the LitmusTest

J Quinn fails the test ... miserably.

If DavidPierre really is Jim Willie then even more respect.

Hugh G Rection's picture

Jim Quinn-


Is your head still up your ass about 9/11?  Still hold us 'twoofers' in contempt?  If you really care about regular people, tell the truth about the 3,000 Americans cooked/exploded on national tv,  the fraudulent war on terror, and the assault on our civil liberties.


"What we need to stand up and say is not only did they attack the USS Liberty, they did 9/11. They did it. I have had long conversations over the past two weeks with contacts at the Army War College, at it's headquarters, Marine Corps and I made it absolutely clear in both cases that it is 100 percent certain that 9/11 was a Mossad operation. Period." -
Dr. Alan Sabrosky, March 14, 2010 - listen to podcast

Jim Quinn's picture

David Pierre appears under one of his other aliases.

Do you log in under your 14 aliases and give yourself thumbs up for your cut and paste drivel?

You won the ZH Troll of the Year award in a landslide in 2011.

I see another victory for you in 2012.

Is there any subject matter that you can't tie to 9/11?



walküre's picture

Leave him alone, Quinn.

9/11 was a BIG FUCKING LIE. Why forget it? Why pretend your government loves and cares about you when the opposite is true?

Your government KILLS YOU and OTHERS around the world. They will go to any extent in order to preserve their precious status quo which DOES NOT BENEFIT YOU!

Get it in your head. 9/11 is a huge issue. Just yesterday this was debated and in my estimation on this board the supporters of the official LIE are outnumbered 4 to 1.

MIN. 75% of ZEROHEDGE readers and posters REFUSE to accept the official propaganda describing the events surrounding 9/11

whstlblwr's picture

Quinn's post right on target. Know how to tell when you touch the status quo's big nerve, is when you get these trash comments.

NotApplicable's picture

Quinn's post is simply a bunch of name-calling. May be properly targeted, but that doesn't mean it isn't as worthless as any other personal attack.

whstlblwr's picture

WTF are you guys talking about? I'm reading the above post about fourth turning, corrupt government and corporate whores.

Robot Traders Mom's picture

I like how your screen name is Whistleblower, yet you seem to agree with Quinn and the government's account of 9/11.


Makes perfect sense...

whstlblwr's picture

I don't agree with government account of 9/11, I'm sure it was false flag, but definitely it was NOT Mossad. If I were to guess who is behind it, I'd say it's who Huge Erection works for.

Hugh G Rection's picture


Whistleblower nailed it!  It was a cabal of unemployed young men, planning controlled demolition of 3 skyscrapers in between sessions of video games, bong hits, and firing out knuckle children to internet porn...  on 9/11 I was still in college chasing tail, and ditching class to get wasted and play GTA.


In case you really want to know who and why...


Last time I checked I don't work for Rabbi Dov Zakheim, Bibi Nutsandyahoo, or any of the asshat neocons in PNAC.

Hugh G Rection's picture

Ya, because defending the offical lie of 9/11 is really challenging the status quo.... idiot

Robot Traders Mom's picture

@Jim-I think most of us on here agree with him. We can't move forward until the truth of what happened on 9/11, is exposed.

Hugh G Rection's picture

Amen Gents.


Quinn has no place on ZH until he tells the truth about the most horrific event in our lifetimes.  Perhaps he would be more comfortable wearing kneepads in Rupert Murdoch's office, cheerleading Zionist war crimes, and the Israeli subversion of this once greatest Republic.


Israelis were arrested on 9/11 -trying to blow up the GW Bridge -celebrating the attacks and admitting preknowledge -blowing up another van on King St. between 6th and 7th


mural van exploded (NYPD transmission)

'Dancing Israelis' arrested in NJ (FBI doc)

Teamtc321's picture

Cold Case Posse: Evidence of Fraud and Forgery

Time-Line Index to Mike Zullo Video (above)

0:00:00  Introduction — brief tribute to Sheriff Arpaio, America’s Sheriff
0:01:20  The original goal was to clear the President
0:01:40  There really is no “document” per se — it’s a data file

0:07:30  What we found in the White-House-provided data file – Video 1
0:12:00  Zullo’s summary of Video 1 — the anomalies
0:13:30  Debunking the “other side’s” explanations, one-by-one
0:14:30  The optical character recognition (OCR) explanation
0:18:20  The optimization explanation

0:24:00  Summary of anomalies to this point
0:24:50  The green safety paper background — more tracks left by the forger?

0:27:00  Conclusions Video
0:32:45  Zullo’s comments on the conclusions

0:34:00  Zullo will not quit until this is finished
0:36:00  New information presented – “typewriter/typesetting evidence”
0:37:00  Document word spacing, line spacing, registrar’s stamp, inter-line font shifts
0:40:00  We are on the hunt for who did this, and we have some pretty good ideas

0:40:50  Video on the supposedly genuine Selective Service card, media avoiding the issue
0:45:20  Why Obama might not have registered with Selective Service
0:48:00  Why a Selective Service card forgery is more significant than the birth certificate

0:49:40  Bill O’Reilly & Sheriff Arpaio — the newspaper clippings
0:52:30  Passenger manifests and INS records — the curiously missing records
0:55:45  The sheriff’s letter to the Director of Selective Service
0:56:50  More suspicious features of the Selective Service card
0:58:25  The investigation is going international

1:00:00  Audience Questions & Answers Begin



lasvegaspersona's picture


This video will convince all who watch it that the file presented by Obama is a forgery. It has dragged me (quite unwillingly, after all who wants to be labeled a 'birther') and will drag all honest people into the the birther camp. At the very least it asks "why was a forgery presented?" Once one realizes that the President has done this, then all manner of things that were once considered 'crazy talk' become LIKELY. Our country is truely in a very dangerous place.

OpenThePodBayDoorHAL's picture

I can't believe people waste our time and attention with this birther shit. As if that's the source of our problems. As far as I can tell, McCain was born in the Panama Canal Zone anyway making him ineligible too. But so long as people spend time and energy on this we are doomed. Look I think Obama is a fraud too but can we stick to some real issues like war and political corruption and banker fascism and media complicity?

cranky-old-geezer's picture



I can't believe people waste our time and attention with this birther shit.

I agree, the Constitution doesn't matter anymore.

Look I think Obama is a fraud too but can we stick to some real issues like war and political corruption and banker fascism and media complicity?

Since the Constitution doesn't matter anymore the federal government can do anything they want, no limits.

So Obama isn't a fraud, he's the duly elected president, you must honor that office and the man in it, and all this stuff you mention is quite legal, no problem with any of it.

If you say this part of the Constitution doesn't matter or that part of the Constitution doesn't matter, then none of it matters. 

It's all or nothing.

They aren't "birthers" dumbass, they're people who want to see the Constitution followed

...which you apparently care nothing about.

FreeNewEnergy's picture

You're right about the birth certificate issue. It's just more political porn, designed to keep people from focusing on real issues, like how fucked up our federal government is regardless of who sits in the White House.

Like this certain-to-be-rigged face-off between Romney and Oblahblah actually matters. They're both cut from the same cloth and get their money from the same bankers and special interests.

Fuck the noise. The biggest problem facing this country right now is government at all levels. We'd be far better off if we had no government at all.

Hugh G Rection's picture

Guess who was head of the Justice Dept during 9/11, and made sure all Israelis were released?

<------------------------ Dual US/Israel citizen Michael Chertoff!


Guess which congresswoman made sure the investigation into Mossad front company Urban Moving Systems was shitcanned?  Dual US/Israel citizen Jane Harman! The good congresslady was later forced to resign after getting caught on tape making deals with an Israeli spy...

lasvegaspersona's picture

Hugh what is the proof these folks have dual citizenship?

Jim Quinn's picture

David Pierre

The sheep are getting lonely.

Stop forgetting to take your lithium.


NotApplicable's picture

You know, regardless of the legitimacy of your position, these kind of posts do nothing but undermine your credibility.

Jim Quinn's picture

Like I give a flying fuck about some internet troll's opinion about my credibility. LMFAO

Hugh G Rection's picture

I think it's pretty clear what you give a fuck about Smoke, and it ain't the truth.  

FreeNewEnergy's picture

Quinn, you've managed to sully your already shaky reputation. Anyone who comments or responds to comments on an article they've written should have his/her head punched in.

You are the second article author this week that gets the asshat moniker.

Just to be clear: You are an Asshat.

Jim Quinn's picture

You are the first douchebag I've told to go fuck himself today.


I love when anonymous internet trolls ponder my reputation. LMFAO


Jim Quinn's picture

If you want to get the truth about 9/11 out then write your own fucking article about it.

Instead you hijack every article posted with your tirades.

Why don't you post 45 links that no on will click because they know you're the craziest motherfucker on earth.


Hugh G Rection's picture

great idea...


I look forward to you tearing apart my claims with references to beasteality, sexually transmitted disease, and whatever other juvenile tactics you rely on.

Jim Quinn's picture

We're all waiting for your 9/11 article that will reveal the truth. Too bad you can't write a complete understandable sentence.

I'm sure Tyler will post your earth shattering expose. LMAO

Hugh G Rection's picture

Nothing really earth shattering, it's all out there for people to see.  Despite living in the information age, many seem too lazy or intellectually dishonest to find the truth. 

What's your excuse?

Jim Quinn's picture

I'm waiting for your article David Pierre. Your wisdom is profound. Are you wearing your Building 7 tee shirt?

Have you told your ZH friends how you fled the U.S. in terror during the Vietnam war and have hated the country ever since from your cabin in the backwoods of Canada?

It certainly isn't crazy for someone to post under multiple names and actually agree with yourself under different aliases.

Hugh G Rection's picture

My old man was serving in Vietnam at that time.  He was in the 23rd Americal Division with the Army, and got to see the aftermath of the My Lai Massacre firsthand. We have talked to great extent about the Tonkin incident, and the false flag attack on 9/11. 


I still live in the States, but don't look down on DP, if he 'fled' as you say.  I love my country, which is why the criminal subversion by a cabal of psychopaths is so upsetting to me.  I hope you are just in denial as a psychological defense mechanism.  If you know the truth but feign ingorance for monetary reasons...then you are among the sickest parasites on this earth.


If you don't believe this is my 1 and only account, that's your problem.