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Guest Post: You Can't Fool Mother Nature For Long: Financial Markets

Tyler Durden's picture


Submitted by Charles Hugh Smith from Of Two Minds

You Can't Fool Mother Nature For Long: Financial Markets

Constant State and Central Bank intervention and manipulation is not the foundation of a free, transparent market--it is perception management in service of Elite control and looting.

You can fool Mother Nature for awhile, but not over the long-term. That's the theme of the week. Every day I will take a look at a segment of American life that is currently based on the supposition that we can dodge reality essentially forever.

Correspondent Chad D. recently summarized the profound lack of authenticity in the American experience:

Have you noticed that Americans often don't experience REAL things: REAL food, Real water, REAL relationships, REAL money, REAL freedom, REAL peace of mind, REAL living, REAL leaders, etc. I know you've gotten flack for your extensive use of "simulacrum," but it's so true. Most Americans have no idea what REAL is.

Thank you, Chad. Let's ask just how real our financial markets really are. We can start our inquiry with this thought experiment: where would the stock, bond and commodity markets be if all Central State and Central Bank intervention and manipulation were prohibited?

Where would the stock market be if the Plunge Protection Team (PPT) didn't manipulate the stock market via massive purchases of ES S&P 500 futures contracts? These massive purchases are always executed in sparsely traded pre-markets, maximizing the ramp-up effect, which then triggers momentum chasing buys from high-frequency trading machines.

Voila, ramp-and-camp Mondays, which studies have found account for the majority of the market's gains last year.

Remove ramp-and-camp Mondays triggered by massive PPT futures purchases, and where would the unmanipulated market be?

What if unemployment statistics were unmanipulated, i.e. the number of people in the workforce didn't magically decline by millions every year? What if the bogus "Birth-Death Model" was banned as mere fantasy job creation? Where would the unmanipulated market be then?

Where would bond market yields be if the Federal Reserve were unable to print money to buy hundreds of billions of dollars of mortgage and Treasury bonds?

We can also shed light on the difference between a real free market and a simulacrum of a "free market" by asking: does anyone seriously believe the stock market would be higher if all market intervention and manipulation by the Central State and Central Bank (and their proxies) ceased?

We can extend this by asking: what if public companies were banned from issuing "beat by a penny" pro forma earnings and other accounting tricks?

What if the "shadow banking system" was outlawed, and all assets and liabilities were transparent? Does anyone seriously believe the fragile financial system that depends on shadow banking for its dodges and profits would survive transparency and marked-to-market accounting?

Americans have no real experience of free, transparent financial markets or of rigorously transparent accounting by their Central State, the Federal Reserve, public corporations or the financial sector. They have been presented facsimiles of accurate statistics and accounting, and simulacra of transparent markets.

Average Americans are responding to this systemic destruction of truth and fact by exiting the stock market--and that is just the start. As I described in When Belief in the System Fades (March 12, 2008), the Elites benefitting from the Status Quo depend on the active participation and complicity of millions of citizens.

When those participants' faith in the Status Quo's fairness and transparency declines below a critical threshold, then they withdraw or limit their participation, and the system enters a self-reinforcing death spiral.

To go back to the key question: does anyone seriously believe the stock market would be this high if the Central State and Bank and their proxies weren't constantly intervening in the market and manipulating data?

Intervening in supposedly "free markets" for the purposes of perception management and political spin ("everything's great because the market is up!") is ultimately an attempt to fool Mother Nature. The Powers That Be have succeeded in manipulating markets since 2007, but reality (Mother Nature) eventually shreds the phony facade of perception management.

As the European attempts to fool Mother Nature (i.e. unmanipulated markets that are free to discover price and price risk) disintegrate, does anyone seriously think the PPT can prop up the U.S. stock market with its usual pre-market manipulations?

When Mother Nature reasserts reality, the frauds, scams and facades will shred like tissue in a hurricane. Maybe that process of reverting to reality is finally about to begin.


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Tue, 01/17/2012 - 12:53 | 2071379 LawsofPhysics
LawsofPhysics's picture

Eh er, maybe, banks have been doing this in earnest for several thousand years now.  Just the same, I will hedge accordingly.


"When Mother Nature reasserts reality, the frauds, scams and facades will shred like tissue in a hurricane. Maybe that process of reverting to reality is finally about to begin."

Only if someone with power and a leadership role stands up and fraud at ALL levels is actually prosecuted.  Otherwise, the FEMA camps and re-education camps (the modern "prison") await.  Any bets on that happening?

Tue, 01/17/2012 - 12:59 | 2071401 chumbawamba
chumbawamba's picture

What the fuck happened to the Chase credit card robosigning article that was posted right before this one?  I was in the middle of posting a new comment and the article just fucking disappeared!

I am Chumbawamba!

Tue, 01/17/2012 - 13:04 | 2071411 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Rehypothecated to Market Ticker?  I heard that site is getting desperate for views.  Crazy Karl might shut it down because he is so upset with everyone for not believing in pixie dust and unicorn piss :(



Tue, 01/17/2012 - 13:41 | 2071544 Ruffcut
Ruffcut's picture

Oh, poor douche banger. He doesn't understand the real world, yet. Still thinks the political system has a chance and is relevant.

I took my mother-outlaw out to dinner (because I had too, wife's orders), and she couldn't understand the markets and why I trade. She never listened to me when I called the GM, Wamu, Lehman busts, years ago. "That doom and gloomer ruffcut", she thought. I said; "I had my security licenses in the late 80's and it was bullshit then and it is just bigger bullshit now."

How much bullshit can the system handle? We shall see, my pretty, we shall see.

Tue, 01/17/2012 - 13:44 | 2071546 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Are you petting your cat or something?

Tue, 01/17/2012 - 14:59 | 2071830 Ruffcut
Ruffcut's picture

No, my new puppy. Other great dog died in November of lymphoma. She was only three.

"If dogs don't go to heaven, then when I die, I want to go where they go." Will Rogers

Tue, 01/17/2012 - 20:45 | 2072853 Desert Irish
Desert Irish's picture

Another quote and one of his many that could have been written yesterday


"If a bank fails in China, they behead the men at the top of it that was responsible...If we beheaded all of ours that were responsible for bank failures, we wouldn't have enough people left to bury the heads." Feb. 6, 1927



Tue, 01/17/2012 - 17:36 | 2072359 Archduke
Tue, 01/17/2012 - 13:07 | 2071422 Bob
Bob's picture

Same here.  Based upon family information, I was attempting to reply that the banks are sure as hell robosigning court suits for credit card debt.  Sorry to hear that you got hammered, Chumba.  I hear from an attorney who handles these cases that they've been taking debts below $1,000 to court in droves, btw.

Tue, 01/17/2012 - 13:16 | 2071453 Muddy1
Muddy1's picture

I'll post this a couple of places

Maybe the banksters threatened Tyler with a lawsuit.  That's OK, here a three links to similar information, some is recent and some is dated.  Save the information before my comment is censored as well.

Tue, 01/17/2012 - 13:41 | 2071540 dick cheneys ghost
dick cheneys ghost's picture

Tony Blair and Jamie Dimon recenty vacationed in Nigeria.........I wonder if there is any correlation to what is now happening to that country?....


"In the space of two days he visited Nigeria’s president Goodluck Jonathan in his capacity as paid adviser to JP Morgan, the US investment bank, and followed that with a faith foundation visit to nearby Sierra Leone. On the Nigerian leg of the journey, Mr Blair was accompanied by the bank’s chief executive, Jamie Dimon, who announced plans for a new office in Lagos."

Tue, 01/17/2012 - 14:07 | 2071615 RiverRoad
RiverRoad's picture

Blair's employed by the Carlyle Group.  Interesting; the plot thickens.

Fri, 04/06/2012 - 07:11 | 2321572 jaffa
jaffa's picture

Interest and other charges are presented in a variety of different ways, but under many legislative regimes lenders are required to quote all mandatory charges in the form of an annual percentage rate. The goal of the APR calculation is to promote truth in lending, to give potential borrowers a clear measure of the true cost of borrowing and to allow a comparison to be made between competing products. Thanks.
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Tue, 01/17/2012 - 13:57 | 2071585 Spacemoose
Spacemoose's picture

i had a chase card with a five digit balance.  i had been making less than the required payment to chase (and was paying my employees instead, inter alia).  late last year i got a collection call and they offered a 36 month payoff at 0 % interest.  i declined because it would have shown on my credit report as a workout and instead i paid the debt off with an in service 401K distribution as soon as the new tax year began. 

my plausible theory:

someone with a calculator has figured out that aggressively pursuing these debts drives enough debtors into bankruptcy that the additional recovery from said pursuit is outweighed by additional attorney fees in bankruptcy and loss of partial payments that they would have otherwise received by letting things ride.    

i've learned my lesson (at 25% per annum). never again.  never again.  

Tue, 01/17/2012 - 15:15 | 2071879 blunderdog
blunderdog's picture

Quite plausible.  Here's another possible factor, too:

Many customers are literally too broke to pay, and their credit is already trashed, so when collectors call them, they say, "Forget it, I ain't payin, see ya in court."

Many collections amounts are far too small to be worth pursuing in court, so they've wasted $X dollars trying to collect already and don't want to throw good money after bad.  It wouldn't surprise me if a lot of the commission-style collections agencies are going out of business themselves.

Tue, 01/17/2012 - 13:15 | 2071449 Desert Irish
Desert Irish's picture

I suspect by now Jamie knows what colour underwear the Tyler's are wearing on a daily basis and his lawyers have them on speed dial.

Tue, 01/17/2012 - 13:16 | 2071450 Muddy1
Muddy1's picture

Maybe the banksters threatened Tyler with a lawsuit.  That's OK, here a three links to similar information, some is recent and some is dated.  Save the information before my comment is censored as well.

Tue, 01/17/2012 - 13:59 | 2071591 TheFourthStooge-ing
TheFourthStooge-ing's picture

chumbawamba asked:

What the fuck happened to the Chase credit card robosigning article that was posted right before this one?  I was in the middle of posting a new comment and the article just fucking disappeared!

Good question.

I still have the article open in another browser tab from this morning, so I was able to retrieve the URL for the original article, which is, at least for the moment, still available.


Tue, 01/17/2012 - 14:16 | 2071660 pods
pods's picture

I was wondering that one too.  Never seen an entire article disappear.


Wed, 01/18/2012 - 04:09 | 2073684 Cynthia11640
Cynthia11640's picture

Ya I wanted to know what an administrative discharge was - never heard of it and it was a comment to the article. Can anyone help?

Tue, 01/17/2012 - 13:01 | 2071405 Oh regional Indian
Oh regional Indian's picture

America is the Truman Show. And Hollywood/MSM are tryign to make sure it's the Truman show everywhere.

And because they have the biggest illusion to lose, Americans are most fearful of REALITY aka Truth.

Truth is a rare commodity now-adays. Easier by far to be an ostrich.

So of course the markets are a lie too. Just Google Ming the Mechanic and DTCC. It's been a lie from the start. So sorry.

Enough Said.



Tue, 01/17/2012 - 13:07 | 2071421 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The light!  It burns my eyes!!  My eyes!!!

Tue, 01/17/2012 - 13:11 | 2071435 GeneMarchbanks
GeneMarchbanks's picture

The biggest cult in history by far. Freedom is everywhere in America but no one bothers to look for it. Oversimplicity of journalistic scribbling, pointlessly complex scientific half truths and prepackaged entertainment are all in abundance. Americans have everything and anything. Except themselves.

Tue, 01/17/2012 - 13:28 | 2071501 Oh regional Indian
Oh regional Indian's picture

Everyone should take a look at this brilliant piece of work.



Tue, 01/17/2012 - 13:32 | 2071513 SheepDog-One
SheepDog-One's picture

I hear that will make you go blind.

Tue, 01/17/2012 - 13:35 | 2071524 Oh regional Indian
Oh regional Indian's picture

:-) But seriously, check it out. Cartoon. Really well done.


Tue, 01/17/2012 - 15:19 | 2071887 Jason_1sandal
Jason_1sandal's picture


I feel we are being assaulted on both fronts.... fear and amusement.

Tue, 01/17/2012 - 15:23 | 2071905 Oh regional Indian
Oh regional Indian's picture

Isn't that right JAson? our candle is being burnt by a blowtorch at both ends FOR us.


Tue, 01/17/2012 - 17:07 | 2072269 Jason_1sandal
Jason_1sandal's picture


Yes, Escaping this reality, this Matrix, isn't so easy as taking the "red pill." I've done my best to disconnect from this system, but you cannot escape it completely. It has permeated everything, even our not yet concieved children. We are born into it as were our parents, and their parents before them and so on and so on. I feel all we can look forward to now is it's self destruction and maybe, just maybe we will survive.

Tue, 01/17/2012 - 14:10 | 2071624 DCFusor
DCFusor's picture

You win my personal link of the day contest, ORI.

What's funny is that both could be true at once...

Tue, 01/17/2012 - 14:03 | 2071602 Bob
Bob's picture

Check out the shitstorm of reaction in reader comments:

Tue, 01/17/2012 - 15:35 | 2071944 Dapper Dan
Dapper Dan's picture

Thanks bob,

The following reader comment sums it up,

  • Flag

  • The Times long ago lost its trust by showing its bias towards Israel in the geo political sphere. Few expect the Times to sort out truth from fiction but that provides opportunities for the blogging phenomenon. It gives us the joy of speaking truth to power, even if, few Americans are interested any longer. I'm sure historians will mark this era by the failure of media and the demise of print media in general. Though it is astonishing that the media has fallen so far, so fast. I don't know any intelligent individuals any more who credit the media institutions of yesterday with what we used to call journalism. The Powers That Be, are no longer.


    Tue, 01/17/2012 - 13:14 | 2071447 SheepDog-One
    SheepDog-One's picture

    A few see the truth of it already, and have taken the proper actions....most will never see it or accept the truth until its far too late for them.

    Tue, 01/17/2012 - 13:18 | 2071458 Mr Lennon Hendrix
    Mr Lennon Hendrix's picture

    And we buy silver, for silver is monie....

    And it's fucking cheap too!

    Tue, 01/17/2012 - 13:24 | 2071482 Amish Hacker
    Amish Hacker's picture

    Still, you have to believe that truth will have the last word. And if that is true, then it makes sense to invest in something honest. Honest money, say.

    Tue, 01/17/2012 - 19:39 | 2072722 LooseLee
    LooseLee's picture

    "Truth is a pathless land"...Jiddu Krishnamurti

    Tue, 01/17/2012 - 13:06 | 2071415 The Big Ching-aso
    The Big Ching-aso's picture



    Here's the difference.    When you go to a casino you absolutely know when you've lost or won a gamble by looking at the numbers.   Today in the markets you sorta know if you've won or lost depending on what they tell you the numbers are.     Then they suddenly change the numbers after you thought you won while you stand there at the payout-window with your pants down around your ankles.   It's a wonderful gambling experience.

    It's like the Casino from Hell and Satan is the dealer.

    Tue, 01/17/2012 - 14:30 | 2071721 Things that go bump
    Things that go bump's picture

    Casinos are paying winning beats in blow jobs and head these days? 

    Tue, 01/17/2012 - 15:55 | 2072004 francis_sawyer
    francis_sawyer's picture

    No that's just to get your chicken mcnuggets...

    Tue, 01/17/2012 - 13:27 | 2071491 MrBoompi
    MrBoompi's picture

    In order to achieve the "power and leadership role" you mention, you have to sell out to the very people you would have to prosecute.  You become a part of the "organization" at that point.  You are a made man.

    And god only knows what would happen to you if you cross them.


    Tue, 01/17/2012 - 13:46 | 2071554 Ewe235
    Ewe235's picture

    He forgot another... REAL tits.

    Tue, 01/17/2012 - 12:54 | 2071385 The Deleuzian
    The Deleuzian's picture

    Clearly...CHS is a big fan of Baudrillard

    Tue, 01/17/2012 - 13:13 | 2071444 Oh regional Indian
    Oh regional Indian's picture

    if this is who I think this is, please post a link to your post on Baudrilliard. Brilliant stuff, I can't find it. Deep in my bookmarks.


    Tue, 01/17/2012 - 13:31 | 2071510 The Deleuzian
    The Deleuzian's picture

    ORI...Best advice to you sir is to read Simulacra and Simulation...

    Tue, 01/17/2012 - 14:04 | 2071582 prains
    prains's picture

    here's the link


    you'll have to roll up your sleeves to read




    also reading Fatal Strategies and Hyperreal America can enlarge ones proboscis for sniffing out great american cultural (value-engineered) morsels 

    must have a multi dimensional mind to attempt

    Tue, 01/17/2012 - 14:50 | 2071788 JOYFUL
    JOYFUL's picture

    yup, it be me alright. I put it up on Scribd, but the font really sucks and I haven't figured out how to fix it. Here's the original.

    funny day, I'm posting on Eddie Shack and Jean Baudrillard...only on ZH you say!>?!?!

    Hey ORI, still looking to be booking my class 3 Kashmirian houseboat, but sounds like the weather's a tad cold there now...more evidence of global warming?

    Tue, 01/17/2012 - 15:21 | 2071895 Oh regional Indian
    Oh regional Indian's picture

    Aha! Aha.

    Everyone should read this. It is superbly written, incisive and divisive ;-), right Joyful?

    And aha again. Yes, all well here and Kashmir is a no no. Perhaps Kerala, check that out.


    Wed, 03/28/2012 - 08:57 | 2296894 jaffa
    jaffa's picture

    Market participants include individual retail investors, institutional investors such as mutual funds, banks, insurance companies and hedge funds, and also publicly traded corporations trading in their own shares. Some studies have suggested that institutional investors and corporations trading in their own shares generally receive higher risk adjusted returns than retail investors. Thanks.
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    Sat, 03/31/2012 - 00:29 | 2305676 jaffa
    jaffa's picture

    The marketing orientation is perhaps the most common orientation used in contemporary marketing. It involves a firm essentially basing its marketing plans around the marketing concept, and thus supplying products to suit new consumer tastes. As an example, a firm would employ market research to gauge consumer desires, use R&D to develop a product attuned to the revealed information, and then utilize promotion techniques to ensure persons know the product exists. Thanks. Regards, click here

    Mon, 04/02/2012 - 01:26 | 2308930 jaffa
    jaffa's picture

    New forms of marketing also use the internet and are therefore called internet marketing or more generally e marketing, online marketing, search engine marketing, desktop advertising or affiliate marketing. It attempts to perfect the segmentation strategy used in traditional marketing. It targets its audience more precisely, and is sometimes called personalized marketing or one to one marketing. Thanks.
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    Tue, 01/17/2012 - 13:53 | 2071574 JOYFUL
    JOYFUL's picture

    au contraire mon frere: Baudrillard would never have accepted the association of a "Mother Nature" with a putative "reality."

    Above all, it is the reference principle of images which must be doubted, this strategy by means of which they always appear to refer to a real world, to real objects, and to reproduce something which is logically and chronologically anterior to themselves. None of this is true. As simulacra, images precede the real to the extent that they invert the causal and logical order of the real and its reproduction*

    Indeed, the full flowering of his neo-Manichean refutation of such a viewpoint comes out in the 1984 Australian interview quoted from the same source where he says:

    " In the world which I evoke, the one where illusion or magic thought plays a key role, the signs evolve, they concatenate and produce themselves, always one upon the other - so that there is absolutely no basic reference which can sustain them. Thus they do not refer to any sort of ‘reality’ or ‘referent’ or ‘signified’ whatsoever. So in this situation what we have is the sign alone; and it is the power which is proper to the sign itself, it is the pure strategy of the sign itself that governs the appearance of things"*

    Unfortunately, as always, Americans such as CHS confuse language with meaning, and therefore fall prey to subsuming words they do not fully understand into banners upon which to display their misplaced concreteness. CHS is a big fan of CHS.  Baudrillard never travelled well across the pond, in large part because AMERICA was a masonic experiment never meant to be "real" in the sense he implies.

    America's best sages were home-grown: “If my mind can conceive it, and my heart can believe it - then I can achieve it.” Muhammad Ali


    Jean Baudrillard. The Evil Demon of Images. Translated by Paul Patton, Paul Foss and Philippe Tanguy. Sydney: Power Publications, 1987:20-21

    Tue, 01/17/2012 - 14:15 | 2071657 The Deleuzian
    The Deleuzian's picture

    Since you guys brought it up (haha)!!!  Critique of the Political Economy of the Sign was the kicker for me...Along with Symbolic Exchange and Death...Read along with JG Ballard's Crash...What an amazing book!!!

    Tue, 01/17/2012 - 14:24 | 2071698 Last_2_Sense
    Last_2_Sense's picture

    "The trouble with quotes on the internet is that it's difficult to determine whether or not they are genuine." 

    -Abraham Lincoln 

    Tue, 01/17/2012 - 15:59 | 2072010 francis_sawyer
    francis_sawyer's picture

    What else do you expect from an AL GORE invention?

    Tue, 01/17/2012 - 12:54 | 2071386 LiquidityandLunacy
    LiquidityandLunacy's picture

    Actually, you CAN fool mother nature for a VERY long time (were not talking about eternity here) because the very thing (fooling the sheeple) has been going on for the last hundred years.


    So in closing, yes you can fool people because people are stupid.



    Tue, 01/17/2012 - 13:01 | 2071400 Azannoth
    Azannoth's picture

    You are right, in human terms the manipulation can go on for generations, no point waiting around smirking like Mother Nature gives a shit, Nature is Neutral it does not give a shit about you, you have to take care of your self(get out of Doge) now

    Tue, 01/17/2012 - 13:07 | 2071408 xela2200
    xela2200's picture

    Mother nature in her own way is more moral than any human being. She rewards the hard workers and punishes the lazy. She know that equality only means bringing everybody down to level of the slowest (poorest).

    Tue, 01/17/2012 - 13:15 | 2071446 Spastica Rex
    Spastica Rex's picture

    "She know that equality only means bringing everybody down to level of the slowest (poorest)."

    I know, right? Look at the fucking miserable life bonobos live. And they're gay, to boot.

    Tue, 01/17/2012 - 12:54 | 2071389 The Axe
    The Axe's picture

    No I don't believe they would be...but that is the case...And their all in!!!  So be prepared to watch in wonderment as a no volume rally continues for years to come.....joke after joke....

    Tue, 01/17/2012 - 13:05 | 2071419 SheepDog-One
    SheepDog-One's picture

    Just as soon as the last moron with 2 nickels to rub together is convinced 'it just goes on for years' is when the next big Shitnami rolls over us. 'Year after year uninterupted'....yea sure. They dont secure their ongoing control by being 'all-in' on collecting IOU's a penny higher, they do it by pumping and dumping, wash, rinse, repeat.

    We're due for the next big plunge and chaos and reshuffling fact past due. So buckle up, buttercups, it may well not happen tomorrow, but certainly wont be more than a few months off till chaos returns...ta ta!

    Tue, 01/17/2012 - 13:19 | 2071460 Spastica Rex
    Spastica Rex's picture

    What if this is chaos?

    Tue, 01/17/2012 - 13:21 | 2071472 SheepDog-One
    SheepDog-One's picture

    Well it IS chaos...people just dont recognize it as such just yet...but they soon will!

    Tue, 01/17/2012 - 13:26 | 2071476 ozziindaus
    ozziindaus's picture

    What if this is the new normal? Everyone is still using the old rule books and calling it manipulation and intervention.

    Tue, 01/17/2012 - 13:30 | 2071507 SheepDog-One
    SheepDog-One's picture

    Oh yea, well this IS 'the new normal', until 1 morning this week or next week or in a few months everyone is suddenly MF Globalled out of their 401K's, pensions, and trading and bank accounts.... so enjoy, party on, great Conga line goin on at CNBC join in the fun!

    Tue, 01/17/2012 - 13:39 | 2071535 ozziindaus
    ozziindaus's picture

    Dude, I'm not part of it. I forgo my company match just to avoid speculating and I believe more and more people are doing the same. It's MY adjustment to the new normal. Less exposure, more laughter.

    Tue, 01/17/2012 - 13:34 | 2071519 HarryM
    HarryM's picture

    It's chaos when I trade you 5 -9mm rounds for a sack of potatos

    Tue, 01/17/2012 - 13:48 | 2071563 Spastica Rex
    Spastica Rex's picture

    Well - I think we're already on the entropy side of the equation. Heat dissipation can be a slow process, and I'm inclined to think that's the way we're going to go. "Not with a bang," and whatnot.

    I don't know anything, though - although at this point, I'm well acquainted with entropy.

    Tue, 01/17/2012 - 14:13 | 2071649 ozziindaus
    ozziindaus's picture

    The problem with the whole entropy analogy is the reference point. A falling leaf rejuvenates growth. Low to high for the leaf but high to low for the blade of grass. We are moving from a level of order to disorder (low to high) in the market but all the manipulation is keeping entorpy low from the bankers perspective. They are the new growth, we are the shit falling from the trees.

    Tue, 01/17/2012 - 14:49 | 2071799 Spastica Rex
    Spastica Rex's picture

    You're absolutely right, and I reckon that a minority even in the U.S. will continue to see ever higher living standards for a long, long time (unlike the Occupy rhetoric, I think the number is closer to 20% than to 1%).

    My initial reference point was global. 

    Tue, 01/17/2012 - 16:05 | 2072024 francis_sawyer
    francis_sawyer's picture

    They are the new growth, we are the shit falling from the trees.

    Simple solution... Don't hit ground...


    Tue, 01/17/2012 - 13:35 | 2071526 RiverRoad
    RiverRoad's picture

    Or Armageddon......and this time we all show up.

    Tue, 01/17/2012 - 13:21 | 2071475 The Axe
    The Axe's picture

    nothing would surprise me...the markets are broken 

    Tue, 01/17/2012 - 12:57 | 2071392 BLOTTO
    BLOTTO's picture

    For the most part, Our children are no longer being raised by parents...

    They are being raised by the illuminati controlled mass media.

    Its all a facade:


    Tue, 01/17/2012 - 13:13 | 2071445 walcott
    walcott's picture

    Watch these two videos side by side. Same bullshit reality. What an absolute disaster. 

    Kim Jong Il's Funeral - North Koreans Cry Hysterically

    Meryl Streep - Golden Globes 2012

    Tue, 01/17/2012 - 13:30 | 2071470 Derpmonger
    Derpmonger's picture

    Emm, it's not just children.  In fact I would say that adults are even more brainwashed than the kids considering they have been subjected to the "programming" a lot longer.

    And where did you pull "Illuminati" out of?  Who are they?  considering our media consists of a handful of corporations, are the illumaniti the board members?  Do you think they worship satan? Please clairify.

    Tue, 01/17/2012 - 15:03 | 2071832 BLOTTO
    BLOTTO's picture

    True Derp - its not just children... adults too.

    Who are 'they'? - Very good question... yes, in a sense - the board member's at the top of the pyramid.

    The Royal Houses of Europe - of Frankish/Bavarian descent from the Merovingian Kings...The Royal *occult* Family... 'Blue bloods' - that have ties to very important royal lineages...

    Yes - they worship Lucifer - they are the 'illuminated ones' - they believe they are gods...and *think* it is their divine right to rule over us 'commoner's.' Sun-worshippers as they think the Sun is at the centre of the Universe... Osiris...

    Satanism is the oldest religion on earth - it has no start date. It was here before anything else...especially the Big 3.

    They practice old pagan traditions which include human blood sacrifice - and they will do anything and hurt anyone to manifest they're agenda... They have no love or empathy for any person.

    Every single date - holiday - tradition we do is related to pagan traditions convienently hidden in the holidays they have given us... but this has been going on for ages... just with different names...

    Again - they - the illuminated ones - follow: Astrology, numerology and sacred geometry.

    Dont forget - they even created the calendar to - enslave us... Lucifer - the master of time and space...

    Wheel of the Year 

    1. Winter Solstice - 13 weeks - Minor sabbath
    a. December 21 - Yule
    b. December 21-22 - Winter Solstice/Yule. One of the Illuminati's Human Sacrifice Nights
    c. February 1 and 2 - Candlemas and Imbolg, a.k.a. Groundhog's Day. One of the Illuminati's Human Sacrifice Nights
    d. February 14 - Valentine's Day
    2. Spring Equinox - 13 weeks - Minor sabbath but does require human sacrifice
    a. March 21-22 - Goddess Ostara - Note: Easter is the first Sunday after the first new moon after Ostara. March 21 is one of the Illuminati's Human Sacrifice Nights
    b. April 1 - All Fool's Day, precisely 13 weeks since New Year's Day!
    c. April 19 - May 1 - Blood Sacrifice To The Beast. Fire sacrifice is required on April 19.
    d. April 30 - May 1 - Beltaine Festival, also called Walpurgis Night. This is the highest day on the Druidic Witch's Calendar. May 1 is the Illuminati's second most sacred holiday. Human sacrifice is required
    3. Summer Solstice - 13 weeks - When the sun reaches its northernmost point in its journey across the sky
    a. June 21 - 22 - Summer Solstice
    b. June 21 - Litha is one of the Illuminati's Human Sacrifice Nights
    c. July 4, America's Independence Day, is 13 days after Day of Litha and 66 days from April 30
    d. July 19 - 13 days before Lughnasa
    e. July 31 - August 1 - Lughnasa, Great Sabbat Festival. August - One of the Illuminati's Human Sacrifice Nights
    4. Autumnal Equinox - 13 weeks - Minor Sabbath but does require human sacrifice
    a. September 21 - Mabon - one of the Illuminati's Human Sacrifice Nights
    b. September 21 -22 - Autumnal Equinox
    c. October 31 - Samhain, also known as Halloween, or All Hallows Eve. This date is the Illuminati's highest day of human sacrifice

    Tue, 01/17/2012 - 12:58 | 2071394 Everybodys All ...
    Everybodys All American's picture

    I think there are far more people that actually desire this sort of facade driven market than don't right now. Which is really scary.

    Tue, 01/17/2012 - 12:59 | 2071399 SheepDog-One
    SheepDog-One's picture

    All is well...for as long as complete and total manipulation of every aspect of 'the markets' goes on, funded by unlimited 'off the books' ZIRP free money infusions daily. 

    Tue, 01/17/2012 - 13:05 | 2071416 The Deleuzian
    The Deleuzian's picture

    This can go on indefinitely...Or at minimum...Longer than any of us realize for sure!  I sort of disagree with CHS...Respectfully!

    Tue, 01/17/2012 - 13:09 | 2071424 SheepDog-One
    SheepDog-One's picture

    Or, far shorter time than the herd wishes to believe. Complacency and normalcy bias is what they love most...get all the 401K bathrobe brigades convinced no matter what, theyre OK, markets pretty good daily...yea can pay no mind to the bad news, see now that no longer matters...YEA SURE. In reality, they'll all be 'MF Globalled' one day pretty soon. There is NO point is a 'slow melt-up marketplace' at all, no matter how much people want to believe thats our new 'normalcy bias'. 

    Tue, 01/17/2012 - 14:45 | 2071781 s2man
    s2man's picture

    Rudiger Dornbusch: 'Crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.'

    Tue, 01/17/2012 - 12:59 | 2071402 RiverRoad
    RiverRoad's picture

    Hedge manipulation.

    Tue, 01/17/2012 - 13:01 | 2071406 Temporalist
    Temporalist's picture

    "It's not nice to fool Mother Nature."

    Tue, 01/17/2012 - 13:04 | 2071413 orangedrinkandchips
    orangedrinkandchips's picture

    Good shit....good thoughts...


    it's a put on... a put on....

    Tue, 01/17/2012 - 13:20 | 2071467 Mr Lennon Hendrix
    Mr Lennon Hendrix's picture

    An eminence front....

    Come and join the party!

    Tue, 01/17/2012 - 13:46 | 2071548 ebworthen
    Tue, 01/17/2012 - 13:04 | 2071417 xela2200
    xela2200's picture

    The markets on the long run will always impose themselves. Why? because They either have it or They don't (revenues, resources, assets, etc).

    Tue, 01/17/2012 - 13:10 | 2071428 SheepDog-One
    SheepDog-One's picture

    Because the ONLY point to the pump, is the ensuing dump! No matter how much cognitive dissonance and normalcy bias is out there in the sheeple herd, believe me, they will dump hard one morning.

    Tue, 01/17/2012 - 14:15 | 2071656 RiverRoad
    RiverRoad's picture

    The Fed imposes; man disposes.

    Tue, 01/17/2012 - 13:09 | 2071425 Dr. Engali
    Dr. Engali's picture

    I continue to be amazed at how long they are able to keep this charade going. Just when you think the death blow to the market  has been delt, they are able to ramp it up even further.  I keep waiting for the day when I wake up and the market is down 1000 pts. on the futures, but for now they seem to have it under control.  Eventually it will all fall as more and more people become skeptical,but until then they are going to impoverish a lot of people just to keep the ponzi afloat.

    Tue, 01/17/2012 - 13:12 | 2071433 SheepDog-One
    SheepDog-One's picture

    And then when the 'dump phase' DOES kick in one morning, everyone will say 'Wow, that was QUICK! Didnt see that one comin'!

    Time after time after time....

    Tue, 01/17/2012 - 13:23 | 2071480 Spastica Rex
    Spastica Rex's picture

    Maybe the market can go up indefinately - it's a fiction, so why not? It's like unemployment - it can stay at 8%, or whatever they say it is, even as fewer people have jobs. It's a fiction. At the point that people realise the fiction, maybe it will be too late to dump anything. Like I said a few posts up - may this (here and now) is chaos.

    Tue, 01/17/2012 - 13:44 | 2071521 SheepDog-One
    SheepDog-One's picture

    Markets are in a range, and almost at the top of it right now.

    I remember back 6 months ago to how all our problems were fixed at DOW 12,700 and upon passing the new 'debt ceiling bill', we'd be off to the races 14,000 was already fully baked in!

    Unfortunately, the pulled the rug and markets went down 1,200 points in a week. Anyone remember that? It was only a few months ago.

    Tue, 01/17/2012 - 13:43 | 2071547 RiverRoad
    RiverRoad's picture

    Of course it's chaos:  It ain't economic fundamentals fer sure.

    Tue, 01/17/2012 - 16:18 | 2072068 francis_sawyer
    francis_sawyer's picture

    The illuminati make most of trheir hay during extreme chaos...

    #1 would be war

    #2 would be massive financial crisis

    Applying most simple logic, batting NEXT in the order should be a war

    Tue, 01/17/2012 - 13:11 | 2071436 Everybodys All ...
    Everybodys All American's picture

    The volume is drying up rather dramatically as well. It's quite amazing to watch the volume intra day go almost quiet.

    Tue, 01/17/2012 - 14:23 | 2071693 RiverRoad
    RiverRoad's picture

    Could this odd low volume mean that there are actually fewer and fewer shares out there and that one day we'll all fight over the last share?

    Tue, 01/17/2012 - 13:10 | 2071429 Sutton
    Sutton's picture

    It's all a scam.. Has ben for decades.  But now the scam is so voracious it  has to resort to cannibalism to survive.

    As a  "client" of MF Global I say -GET YOUR MONEY OUT .

    They WILL just take it ,and the FDIC/any other agency, will give you nothing

    The Off balance sheet market is (notionally) measured in the Quadrillions.

    When it goes...

    Tue, 01/17/2012 - 14:08 | 2071619 GeneMarchbanks
    GeneMarchbanks's picture

    'As a  "client" of MF Global I say -GET YOUR MONEY OUT .'

    He who defects first...

    Tue, 01/17/2012 - 13:11 | 2071430 ozziindaus
    ozziindaus's picture

    So you're basically asking, what if we just got rid of the Jews?


    Tue, 01/17/2012 - 13:13 | 2071438 BLOTTO
    BLOTTO's picture

    Thats how smart they are - they got us arguing AGAIN and than AGAIN...about which candiate is better...

    Which candidate - AGAIN - has the better policies...

    Which candidate AGAIN - is the most honest...

    Then we - the people - AGAIN - are like a deer in headlights - like stunned cunts - debating AGAIN on what went wrong...

    Ummm, how many more fuckin FAILED elections/vote/presidents is it going to take to get thinking outside the box? We are at now over 200 years of history and still - we believe?

    They are making us look like fuckin fools - as smart as we think we are - they are on another level and 33 steps ahead...

    Its ugly

    Tue, 01/17/2012 - 13:13 | 2071443 aleph0
    aleph0's picture


    "The Powers That Be have succeeded in manipulating markets since 2007"

    Charles, that was the only line that surprised me ....1995 at least , and actually 1972 would be a better reference point !
    Check out the DJIA. 

    Otherwise , well said .

    Tue, 01/17/2012 - 13:19 | 2071461 ozziindaus
    ozziindaus's picture

    I believe the point was that "nature" took care of the equity markets in the past (DOW/GOLD ratio for instance) but blatant manipulation going against the laws of nature were in effect since 2007. I would say the real manipulation started after the phony bank stress tests of mid 2009. This was the point I started losing my arse going short the financials.

    Tue, 01/17/2012 - 13:19 | 2071462 SheepDog-One
    SheepDog-One's picture

    Yea check out the DJIA hand picked group of select stocks....and when 1 of them tanks they just replace it with another one, making it the most completely irrelevant historical indicator around.

    Tue, 01/17/2012 - 13:50 | 2071564 RiverRoad
    RiverRoad's picture

    Markets have been manipulated by the Fed, at least, since Jekyll Island.

    Tue, 01/17/2012 - 13:18 | 2071455 BLOTTO
    BLOTTO's picture

    The bankers have a vested interest in the state (i.e. the people) incurring as much debt as possible. They are behind the Marxist, socialist and liberal movements which call for big government and social spending. They are behind the catastrophic wars of the last century. The Warburgs financed the Bolshevik Revolution. The Bank of England financed the rise of Hitler. Prescott Bush (W's grandfather) was head of Brown Brothers Harriman, which financed the construction of the Nazi war machine.

    Naturally if you can create money out of thin air, your first instinct is to buy tangible assets with it. There is a powerful impulse to use debt to control nations and take over their real assets. This is the essence of the so-called Third World Debt crisis. Dedicated to owning all wealth and enslaving humanity, an irresistible vampire has been unleashed uponthe world

    All the clues are out there - just have to open the doors of perception and come through - fuck feeling embarrased to think like ebarrassed - our LIFE is like this...

    It IS what it IS.

    Tue, 01/17/2012 - 17:52 | 2072418 DeadFinks
    DeadFinks's picture

    "Dedicated to owning all wealth and enslaving humanity" making all the global rules to justifiably save humanity from itself. The state now = the globe.

    Tue, 01/17/2012 - 13:18 | 2071457 cdskiller
    cdskiller's picture

    Does Ron Paul support elimination of the shadow banking system and transparent financial markets? The answer is no.

    Tue, 01/17/2012 - 13:30 | 2071508 Mr Lennon Hendrix
    Mr Lennon Hendrix's picture

    He has made a clear case for establishing sound money policy.  He has made a case for eliminating the income tax.  He has also said corporations are not people.  These things would be constitutioal.  As far as I can tell he is very constitutional.

    Since that is the case then I asume that he would eliminate such, but "If A then B" is not a sound premise, so we will have to wait and see what he says....

    Tue, 01/17/2012 - 16:22 | 2072079 francis_sawyer
    francis_sawyer's picture

    He has made a clear case for establishing sound money policy

    Unfortunately, the last two who tried that were Saddam Hussein & Ghadaffi who wanted to create gold/oil back dinars... RP has his work cut out for him...

    Tue, 01/17/2012 - 13:37 | 2071532 clymer
    clymer's picture

    He told you that? How long have you known Ron Paul? wow

    Tue, 01/17/2012 - 15:35 | 2071945 BLOTTO
    BLOTTO's picture

    I know we have a lot of love for Dr. Ron Paul.

    I too, like what he says, his policies and generally speaking - him as a person.

    The problem is  - is he has no choice. How does Dr. Ron Paul have any chance at defeating the juggernaut of the beast? He doesnt... he is/would be just a puppet.

    And AGAIN - that is in NO WAY, SHAPE, OR FORM any disrespect against RP.

    Again, we are not thinking outside the box - RP has nothing to do with anything - he wont have a fucking choice...he has to do what his masters want him to do. the end. thats it.

    If he doesnt - he is out. The Presidency of the United States of America is such a huge position in this world that the illuminati just cant let anyone in that position - are you kidding me?... they need to have the hooks/talons/fangs/ in ANY and every candidate... the end.

    Im just here to tell you the reality of the matter - 'i never said it was going to be easy'~ Morpheus

    Tue, 01/17/2012 - 16:04 | 2072022 Karl von Bahnhof
    Karl von Bahnhof's picture

    Some say that Ron Paul has won already. Because what he did is spreading the idaes that will change perception of the masses and craete new quality, new paradigm.
    Actually better for everyone will be that he will not win.
    Because we must take care about ourselves and not wait for a savior.

    And for sure, markets are hacked since their beginning. Just imagine yourself, putting new stock Exchange into a life.

    Tue, 01/17/2012 - 16:26 | 2072093 francis_sawyer
    francis_sawyer's picture

    Actually better for everyone will be that he will not win.
    Because we must take care about ourselves and not wait for a savior.

    You're correct about that... The only way to reallt reverse the tide is to pull your money out of the system and convert it into hard assets...

    Build a business or lifestyle from the ground... LITERALLY

    Tue, 01/17/2012 - 13:20 | 2071463 Blindweb
    Blindweb's picture

    Enough with these thinly veiled attempts to excuse bad calls.   Deflation aint coming for quite some time.  The actions of TPTB was highly predictable.  Enough with Charles Hugh Smith, 1 out of 50 of his articles actually have something insightful to say.

    Tue, 01/17/2012 - 13:27 | 2071490 Mr Lennon Hendrix
    Mr Lennon Hendrix's picture

    Deflationistas are like football coashes from the 60's coaching in today's NFL.  It's a new game of faster players.  Speed can spread the field and the game has evolved thus.  Deflationistas see the broken market but fail to price in the fact that the market is overloaded with fiat.  Then there is the fact that fiat is absolutely worthless, which means real price has no merit.  Factor that in and value is as much zero as it is infinite.

    That is why anyone who wants to call the market up or down is crazy.  Sure we will get a pop here and a bust here, but the system is a sham, it is a fake, it is not real, and one can not rationalize a fallcy, one can only proclaim the fallacy and move on.

    Tue, 01/17/2012 - 13:26 | 2071485 SheepDog-One
    SheepDog-One's picture

    Well, no matter how much everyone may 'believe' in 'the new normal' here, it appears no ones putting their money behind it volume is abysmal.

    Tue, 01/17/2012 - 13:31 | 2071492 Mr Lennon Hendrix
    Mr Lennon Hendrix's picture

    C down almost 7% now....

    Priced in?

    All eyes should be firmly on the dollar.  The dollar will decide the next move for the failing Fiat Ponzi.

    Tue, 01/17/2012 - 13:35 | 2071520 ozziindaus
    ozziindaus's picture

    It's OK, we're just readjusting our newly fitted toupees after the recent scalping. But seriously, if these ridiculously low volumes continue, expect a new government enforced mandatory plan forcing liquidity into the markets i.e. 401k.2

    Tue, 01/17/2012 - 13:37 | 2071531 SheepDog-One
    SheepDog-One's picture

    Who has a paying job anymore? Hell most of the people 'rich' people I knew 4 years ago now bank on unemployment checks and food stamps continuing.

    Tue, 01/17/2012 - 13:43 | 2071545 ozziindaus
    ozziindaus's picture

    If you're a decent engineer and would like a high paying job, come to Michigan. I can't find them anywhere. You can also live rich while you're at it. Houses, cars, food all cheap.

    Tue, 01/17/2012 - 13:49 | 2071569 Spastica Rex
    Spastica Rex's picture

    What kind of engineer?

    Tue, 01/17/2012 - 13:53 | 2071576 ozziindaus
    ozziindaus's picture

    Thanks for asking. I'm looking for electro-mechanical engineers with 5+ years experience. Just hired a graduate engineer for $70k.

    Tue, 01/17/2012 - 14:59 | 2071831 Spastica Rex
    Spastica Rex's picture

    I think there's currently a problem with entry level engineering jobs in the US. I reckon that without employment opportunities at that level, there will continue to be a shortage of experienced applicants.

    My son thinks he's going to become a metallurgical engineer. I've advised him to become a welder, instead.

    Is the US really your growth market? If not, why not relocate?

    Tue, 01/17/2012 - 15:05 | 2071852 RiverRoad
    RiverRoad's picture

    Or expatriate.  Tyler's got a great article on that.  I wish he'd bring it back for the folks here now.

    Tue, 01/17/2012 - 16:07 | 2072030 moondog
    moondog's picture

    Learn Mandarin Chinese. I have a cousin who works in China (teaching English to businessmen). Plenty of jobs, low cost of living, and they treat Americans well. Just keep your mouth shut about politics and the government.

    Tue, 01/17/2012 - 16:32 | 2072114 francis_sawyer
    francis_sawyer's picture

    You have to understand that I'm being half sarcastic & half serious when I say this... So take it FWIW...

    But REALLY... The best way to expose the scam would be for everybody to drop out of the workforce and move into mom or grandma's basement and apply for government assistance...

    Enough of a critical mass of that & the Red Shielders would have to come to the conclusions that the slaves just went on strike...


    Tue, 01/17/2012 - 13:28 | 2071494 Everybodys All ...
    Everybodys All American's picture

    You have to admit. If someone would have told you that nine sovereigns were downgraded and the markets reaction is a yawn you would have said no way. Of course not this year or for that matter the last four years. The implosion will be memorable to say the least. Oh yes, it will happen you just don't know when.

    Tue, 01/17/2012 - 14:38 | 2071756 Bob Sacamano
    Bob Sacamano's picture

    I think the market is ahead of the rating agencies -- it has always been thus.   Rating agencies typically tell you something you already know.

    Tue, 01/17/2012 - 13:28 | 2071496 Gamma735
    Gamma735's picture

    When you no longer beleive the lies, you are considered a radical.   When you know the truth you are considered dangerous. Are you dangerous? 

    Tue, 01/17/2012 - 13:28 | 2071500 The Trade Group
    The Trade Group's picture

    This article is so predictable. After all, if you have been wrong about the market direction for the past few months. It must be a conspiracy.

    Tue, 01/17/2012 - 13:29 | 2071502 JW n FL
    JW n FL's picture



    When those participants' faith in the Status Quo's fairness and transparency declines below a critical threshold, then they withdraw or limit their participation, and the system enters a self-reinforcing death spiral.

    Everything will be fine.. the Sheep are to fucking stupid to grasp even the simplest of idea(s).

    When the Euro Crashes.. it might as well be used as a new scare tactic against the America Sheepeople.

    Make sure everyone buys more dollars and less Silver and Gold!!

    Yep! never let a good crisis go to waste!

    The Terror of change! the Terror of not being 1 with the world! the new found Terror of fighting togetherness!

    1 World!

    1 People!

    1 Dollar! (FIat, Paper something)

    1 Ruler for the Slaves of the World! (Government)

    the unification of Europe! a HUGE! Step towards the World beeing unified! has been undermined by Lazy, Greedy Sheepeople! for the betterment of the World!

    the good news is People are to stupid to be able to keep together a real one world Government Publicly. Which is good news for all of us! YAY!! it is over!!


    The greatest trick the devil ever pulled was to convince the world he didnt exist.


    We have been Ruled and we will continue to be Ruled.

    Tue, 01/17/2012 - 13:33 | 2071514 centerline
    centerline's picture

    Someone quoted George Carlin yesterday along the lines of imagining how stupid the average person is - and realizing that half the population is even more stupid. LOL.

    Tue, 01/17/2012 - 13:29 | 2071505 TzaristBondHolder
    TzaristBondHolder's picture

    If fooling fails, there is also FEMA - activated ....this week  #BreakingNews

    Tue, 01/17/2012 - 13:40 | 2071536 SheepDog-One
    SheepDog-One's picture

    When everyones 401K, pensions, and bank accounts are soon MF Globalled one morning, they will FIGHT each other to get first dibs over their neighbors in a FEMA forced labor camp!

    And that IS the REAL 'new normal'.

    Tue, 01/17/2012 - 13:47 | 2071562 centerline
    centerline's picture

    Makes me wonder though. I think that the FEMA camps are real - but built for the group of people who are in fact clueless but will burn the friggin place down when the government gravy train jumps the tracks.

    The average person who knows what is going I guarantee is just looking to get from point A to point B in one piece.

    Tue, 01/17/2012 - 13:39 | 2071537 Gringo Viejo
    Gringo Viejo's picture

    Everything in America is a rig job. That being said, think I'll get up off my dead ass and mix myself another drink.

    Tue, 01/17/2012 - 13:57 | 2071587 xcehn
    xcehn's picture

    Right.  The government wouldn't be able to function with any meaningful level of genuine transparency.

    Tue, 01/17/2012 - 15:23 | 2071903 toomanyfakecons...
    toomanyfakeconservatives's picture

    JFK had something to say on that matter, before he was "motorcaded"...

    Tue, 01/17/2012 - 15:34 | 2071940 Spastica Rex
    Spastica Rex's picture

    Well, now - that's just crazy talk.


    Tue, 01/17/2012 - 13:41 | 2071541 Dr. Gonzo
    Dr. Gonzo's picture

    It's a Super Soviet Style market on Steroids. After they collapsed we took their model since there would now be no one to compete...a virtual monoply backed by the biggest bombs and bullets. If there was an old school honest transparent market similar to what the USA used to be as an alternative this thing would have went tits up a long time ago but it's the only show in town...A fascist side show really. Having the Soviet's collapse was probably the worst thing that could happen to us. Now we have to invent fake threats to our security and start real wars that kill people and suck all the money out of the system. Our Oligarchs (job creators) can run wild and completely unchallenged now that their is no real threat to them.

    Tue, 01/17/2012 - 13:47 | 2071561 SheepDog-One
    SheepDog-One's picture

    No one believed it 5 or 10 years ago when people were warning that total tyranny was coming. 

    And now that tyranny is here, everyone seens to kinda LIKE it! 'Meh....not too bad....hey as long as stocks are green, thats all that really matters, right?'

    But the real bad times havent been felt yet, thats whats coming next.

    Tue, 01/17/2012 - 13:55 | 2071581 xcehn
    xcehn's picture

    Most people still haven't realised that total tyranny is here.  And they likely won't, until they personally are arrested, imprisoned, or disappeared.

    Tue, 01/17/2012 - 15:40 | 2071958 Spastica Rex
    Spastica Rex's picture

    In the US of A, a significant percentage of the adult population is already imprisoned. Look at it from the winner's perspective: why is America so full of losers that we have to impose such a draconian system? Wouldn't everybody be happier if everyone worked harder and made something of themselves?

    HA, HA, HA.

    Suck it, The Poor.

    Tue, 01/17/2012 - 14:59 | 2071598 RiverRoad
    RiverRoad's picture

    Yeah,  masterminding the Soviet's collapse and China's entry to the capitalist world.....gotta wonder what we've been thinking the last 50 years.  Look where it got us.

    Tue, 01/17/2012 - 13:45 | 2071551 LookingWithAmazement
    LookingWithAmazement's picture

    Auctions eurozone so far this year a great success. What funding crisis?

    Tue, 01/17/2012 - 13:52 | 2071571 falak pema
    falak pema's picture

    ah, always love to hear your war cry...what crisis? Indeed. I'm sure you are looking forward to next xmas.

    One question : 

    How much wood would a woodchuck chuck if a woodchuck could chuck wood

    Tue, 01/17/2012 - 13:44 | 2071552 falak pema
    falak pema's picture

    Looking back in the rear view mirror:

    Here is an article that I read in early 2009, written in february 2008 which anticipated this crash and I found refreshing to re-read/

    Tue, 01/17/2012 - 13:45 | 2071555 Boilermaker
    Boilermaker's picture

    They can and will do whatever they want to do.

    The time to make a stand and stop it has passed.  They are way way too far down the rabbit hole to stop now.

    Everyone knows what's happening but, sure as shit, there is no force that is going to or willing to stop it and admit the truth.

    Tue, 01/17/2012 - 13:49 | 2071568 SheepDog-One
    SheepDog-One's picture

    The only force that will make people snap out of their normalcy bias coma is coming next, when theyre totaly impoverished one morning.

    Do NOT follow this link or you will be banned from the site!