Rick Santelli Tells Arch Globalization Advocate Friedman He Is An Idiot

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Thu, 09/08/2011 - 10:56 | 1646122 zilverreiger
zilverreiger's picture

ofcourse its not a ponzi scheme (though some implementations might be)

Thu, 09/08/2011 - 11:01 | 1646162 spiral_eyes
spiral_eyes's picture

"the earth is flat but i sure am round"

classic, tyler, classic. 

Thu, 09/08/2011 - 11:09 | 1646210 Pladizow
Pladizow's picture

Only truth tellers on CNBS - Ratigan (Gone) , Gasparino (Gone) and Santelli.

How much longer will the ponzi promotion station tolerate Santelli?

Thu, 09/08/2011 - 11:18 | 1646254 EvlTheCat
EvlTheCat's picture

I think a better question is how long will Santelli put up with their brain dead ignorance. CNBS is a circus, for tools and Santelli is their foaming at the mouth side show freak.

Thu, 09/08/2011 - 11:33 | 1646340 Careless Whisper
Careless Whisper's picture

and their other propaganda station MSLSD thinks you are all idiots.  can someone please teach them how to make a bar graph to scale?

http://firstread.msnbc.msn.com/_news/2011/09/07/7658608-who-do-you-think...

 

Thu, 09/08/2011 - 11:51 | 1646400 JW n FL
JW n FL's picture

Reagan Fixed it!

NOOOOOOOOOOOOOOOOOOOO!!

Lets scrap it! FUCK GRANDMA!! No one liked that old Bitch any way!!

and!! why we are at it!!

lets give some more Tax Cuts to the Job Creators with the Money saved!! aint life Grande'.

ALL YOU IDIOTS!! who are drooling for Austerity!!

http://nation.foxnews.com/rick-snyder/2011/09/07/michigan-governor-enacts-strict-welfare-limit

By KATHY BARKS HOFFMAN - Associated Press

LANSING, Mich. (AP) — Gov. Rick Snyder on Tuesday signed into law a stricter, four-year lifetime limit on cash welfare benefits, prompting advocates for the poor to warn that tens of thousands of residents will find themselves without cash assistance on Oct. 1.

I Hope all of you mid west wanna be Austerity freaks live in Michigan and it is your wife and kids that you have put at risk instead of someone elses!

Lets get on with the Starving of the most Heavily Armed Nation in the World! so that some wanna be NOT wealthy fuck can be sold the idea that a tax break is coming their way sooner than later! LOL!!

And ALL! of you turning a blind eye to how your fellow Americans are treated! ALL! of you that find that Starving American Children due to the stupidity of their parent(s).. The Light is coming for you cock roaches and God Willing I will have the fucken strength to see each and every one of you fucking scumbags personally.

Right will win and You! sitting on the sidelines who did NOTHING!! are JUST! AS GUILITY AS THOSE PULLING THE TRIGGER!!

Thu, 09/08/2011 - 12:10 | 1646481 GhostfaceCracka
GhostfaceCracka's picture

You are ZH's comic relief, JW. Never change!

Thu, 09/08/2011 - 12:15 | 1646501 ElvisDog
ElvisDog's picture

Hey JW, I appreciate your passion but it really is an issue of mathematics, which is a passionless subject. Think about what States spend their money on. The "big 5" are education, law enforcement, health care, pensions for govt workers, and welfare payments. Michigan is very much like Greece. It doesn't have the money to pay for everything that has been promised. That's a mathematical equation and the answer is negative. So something has to be cut. They can argue for the mix of cuts, but it's mathematically impossible for them to pay for everything on the plate right now based on tax revenues.

Is the answer to tax the rich more? Well, they tried that in Illinois and businesses are fleeing the state. Raising tax rates there will probably lower government revenues net-net.

So you can yell and scream and go boldface on us all, but mathematics and cash flow don't give a shit. We as a society need to start dealing with reality and move away from the adolescent fantasy that we can have everything we want.

Thu, 09/08/2011 - 13:17 | 1646754 JW n FL
JW n FL's picture

 

 

the MATH of it ALL!! Grandma and Children go HUNGRY in MY COUNTRY because of Greedy Fucking Cockroaches LIKE YOU! YOU AND YOUR KIND ARE A PLAGUE UPON MY COUNTRY!! GO LIVE IN AFRICA!! All the Austerity you could ever dream of!! but you are NOT turning my Country into some Police State filled with Austerity so that you can have an extra 5% sitting in a Bank that you never touch or do anything productive with!

 

***has to do with*** the TOP .1% NOT PAYING ANY FUCKING TAXES!!

1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings. (Source: Exxon Mobil's 2009 shareholder report filed with the SEC here.)

2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion. (Source: Forbes.com here, ProPublica here and Treasury here.)

3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS. (Source: Citizens for Tax Justice here and The New York Times here. Note: despite rumors to the contrary, the Times has stood by its story.)

4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009. (Source: See 2009 Chevron annual report here. Note 15 on page FS-46 of this report shows a U.S. federal income tax liability of $128 million, but that it was able to defer $147 million for a U.S. federal income tax liability of $-19 million)

5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year. . (Source: Paul Buchheit, professor, DePaul University, here and Citizens for Tax Justice here.)

6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction. (Source: the company's 2009 annual report, pg. 112, here.)

7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department. (Source: Bloomberg News here, ProPublica here, Treasury Department here.)

8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury. (Source: Paul Buchheit, professor, DePaul University, here, ProPublica here, Treasury Department here.)

9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2006 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction. (Sources: Profits can be found here. The deduction can be found on the company's 2010 SEC 10-K report to shareholders on 2009 finances, pg. 127, here)

10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent. (Source: The New York Times here)

 

***has to do with*** the TOP .1% Lobbying to Move the Manufacturing Base and the TAXES it Generated to Fucking China!!

http://blogs.forbes.com/beltway/2011/02/14/intelligence-community-fears-u-s-manufacturing-decline/

 

10k jobs a Month for a decade sent to China? Tax Benefits for Eroding the Tax Base?

 

YOU ARE A FUCKING MARKETING TOOL OF CORPORATE AMERICA!! WHO WANTS MORE TAX CUTS AND SUBSIDIES for the JOB CREATORS!!!

 

The Bankers of America have Stolen $2.2 Trillion Dollars in the form of Bonuses and Salary in the last 5 years.

Keiser Report: Market Schizophrenia (E181)

http://www.youtube.com/watch?v=VsgS9PsUf5U

 

They all have to go... the system is corrupt and one man can NOT save it.. only "We the People" can bring back the rule of law..

Wall Street has NO LAW! and No Sworn Law Enforcement is capable of really putting in an honest days Work!! and harassing poor people while Wall Street Steals Trillions and Washington DC send a HUGE portion of our Tax Base to China for Lobby Dollars does NOT COUNT!!

and!!

NOT ONLY DO THEY HAVE TO GO!! BUT the Supporters of these fucking cockroaches have to go too!

 

*** "So you can yell and scream and go boldface on us all, but mathematics and cash flow don't give a shit. We as a society need to start dealing with reality and move away from the adolescent fantasy that we can have everything we want." ***

I want the Top 0.1% to pay their fair share like every working man and woman in America already does and has done!

 

I want all those off shore monies Taxed and Re-Taxed and then Confiscated for those scumbags trying to circumvent their responsibilities to their Country and if they dont want to do that they can..

***GET THE FUCK OUT OF AMERICA!!***

Enjoy Russia!!

They will be REALLY SAFE THERE!! or anywhere else they want to go and be a scumbag! without the America Flag to wrap themselves in for protection!

 

How's that for Bold Face Facts?

 

and if you don't think everyone should pay their fair share?

and if you think the rich should go Un-Taxed!!

and if you want live in a Police State!!

then you can get the fuck out too!

 

Thu, 09/08/2011 - 13:49 | 1646902 Smiddywesson
Smiddywesson's picture

Yup.

Yup, yup (double yup)

Yup, yup, yup.  (triple bold face yup).

I can't argue with you there JW, but you two are arguing apples and oranges on some of these issues.

Social Security is too big and complex to be discussed without an argument.  If they broke it up into two or three programs, then maybe they could fix it, but in its current state, it's not fixable and as JW points out, it is the last place we should start to repair our economy and government. 

First, there's the disability issue.  They vastly widened the qualifications of being disabled, and now everyone who is too fat to work or suffers from depression qualifies for lifetime benefits.  Couldn't this be put on a different program where cheaters could be identified and dealt with?  We are getting eaten alive here.

Second:  There's a difference between money you paid in and charity.  If you paid in, you deserve to get your money back with a good rate of return.  Once that comes to an end, you should be sent to a different system called charity.  Social security has no means testing because it mixes the issues of getting your money back with receiving charity.  We have to have means testing once you have drawn out all the money you paid into the system (plus interest).  I am not for cutting off benefits to the disabled or to charity cases, but to have them engaged in the argument only clouds the issue.  The real core argument for social security is: if you live beyond what you contributed, it's simply not your money.  If you need the government's support at that point, fine, but I don't want to hear "I want my money."

Now everyone can junk me.  Go ahead, I deserve it.  I agree with JW 100%.  You can't fix the system unless you start at the top.  Cutting off benefits to those who are completely dependant upon a disfunctional system that we created is not the answer.  Cutting off food stamps after the government has taken over a large part of our economy, after it has messed up the health care industry, after it is destroyed the economy, is repairing the system from the wrong end.  We can't start with the little guy in repairing the system, he is too close to the edge of the cliff.  So there you go, that's the math which JW's argument definitely does not ignore. We waited too long to attack the problem beginning with the little guy. 

Thu, 09/08/2011 - 23:02 | 1649442 StychoKiller
StychoKiller's picture

The real question is this:  If Social Security is so great, why is everyone FORCED to contribute at the point of a gun?

http://reason.com/blog/2008/10/24/saving-social-security-episode

In what way will the system ever work if one persons social security is paid for by only two people?  Because that's what is coming on us in not too many decades.

We need to just terminate it and grandfather in the existing people.
Younger people have already written off ever seeing social security paid back to them, so I don't even think the blowback would be that great.

Does there need to be a safety net for older people? Sure. But right now it's not a net, it's a blanket that's covering everyone - and smothering us all.

Thu, 09/08/2011 - 14:04 | 1646983 ElvisDog
ElvisDog's picture

JW, you are talking about tax policy on the Federal level. Your original post derided budget cuts in Michigan. State and Federal are apples and oranges. States cannot print money and generally speaking cannot deficit spend.

2nd, you need to get it through your boldface head that corporations do not pay taxes. They will either pass the costs on to the consumer or move their operations overseas.

3rd, you can spare me the insults and ad hominem (sp?) attacks. I really don't give a shit what you think of me, so your name-calling isn't having the desired effect.

Thu, 09/08/2011 - 14:50 | 1647175 JW n FL
JW n FL's picture

 

 

***"2nd, you need to get it through your boldface head that corporations do not pay taxes."***

Corporations receive SUSIDIES!

 

http://www.taxpolicy.com/cwsearch/

and!!!!!!!!!

Corporations receive Tax Credits! which can be monetized!! (thru the use of more tax Dollars)

and!!!!!!!!!

Corporations receive Tax Returns or Tax Dollars back even though Corporations DO NOT PAY ANY TAXES TO BEGIN WITH!

***"They will either pass the costs on to the consumer"***

So Be It! Let them Pay and Let them Compete!! I have too! just like every other small business person does! If it is good enough for the sheepish majority then it is good enough for the elite few!

 

 

***"or move their operations overseas."***

and a LOT of Corporations have moved their Corporations off shore already and then on top of that Bounce their monies around the Globe to circumvent paying taxes.

http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-bi...

Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes

 

All this shit is common knowledge..

So what do you really want to talk about?

what agenda do you believe serve America the best going forward?

A service economy with little Mexicans running around pruning the trees?

or are you capable of seeing the most well armed Country in the History of the World is about to get a whole lot more hungry?

well you are not.. just those other people.. and maybe thinning the herd would stretch out the resources or at the very least give your eyes a break from having to see them all the time.. let them kill each other.. the world.. or Your world will be all the better off without them in it!

 

so.. do tell.. what are you really trying to say.. or are you going to stick with spinning?

 

Thu, 09/08/2011 - 15:20 | 1647344 Religion Explained
Religion Explained's picture

Here's a news flash: The world is run (good and services required to run it are also included) by a mere fraction of the population. Useless eaters are 90% of the world. Not their fault, but regardless, now what?

I waited till I could provide for my children till I had children. Don't bring children into the world if you can't afford to raise them and insure they have a real chance for a prosperous life.

You want to tax me to fund other people's retirement or yours? F U.

You want to tax me to fund other people's healthcare or yours? F U.

And in case I wasn't clear, F U again.

Thu, 09/08/2011 - 17:03 | 1647780 JW n FL
JW n FL's picture

 

 

of the 1,000 words offered discussing collecting taxes from the top 0.1%.. some how you wiggled your broke ass into the conversation..

you dont have a sister ship..

you dont have mutliple leases with general electric for your engines..

you dont even speak the language..

you already pay taxes..

the 1,000 plus words above your head, there..

are clearly about people who pay NO! Taxes.

SO! When you start paying no Taxes this conversation will involve you.. until then.. like you picture implies.. now go say a prayer for the Poor Job Creators.

Thu, 09/08/2011 - 17:03 | 1647782 JW n FL
JW n FL's picture

 

 

*** "The truth must die." ***

http://www.salon.com/news/opinion/glenn_greenwald/2010/05/25/whistleblowers

Obama's War on Whistle-Blowers Intensifies.

The Obama administration's war on whistleblowers -- whose disclosures are one of the very few remaining avenues for learning what our government actually does -- continues to intensify.

UBS whistleblower Bradley Birkenfeld deserves statue on Wall Street, not prison sentence

BY JUAN GONZALEZ - NEWS

DAILY NEWS STAFF WRITER

Wednesday, January 06, 2010

Barack Obama, who entered the White House promising all this change, should be hailing Bradley Birkenfeld as a modern-day hero.

He should erect a statue on Wall Street for this former banker for Swiss giant UBS who blew the whistle on the biggest tax-evasion scheme in U.S. history.

http://articles.nydailynews.com/2010-01-06/news/17944768_1_bradley-birkenfeld-bank-fraud-sentencing-hearing

For a Whistle-Blower, No Good Deed Goes Unpunished

By JESSE EISINGER, ProPublica

Recently, I caught up with David Maris, a one-time star pharmaceutical analyst for Bank of America who became embroiled in one of the most notorious bull/bear battles of the last decade. His story encapsulates just how broken Wall Street culture is.

http://dealbook.nytimes.com/2011/06/01/for-one-whistle-blower-no-good-deed-goes-unpunished/

Swiss whistleblower Rudolf Elmer plans to hand over offshore banking secrets of the rich and famous to WikiLeaks

He will disclose the details of 'massive potential tax evasion' before he flies home to stand trial over his actions

The offshore bank account details of 2,000 "high net worth individuals" and corporations – detailing massive potential tax evasion – will be handed over to the WikiLeaks organisation in London tomorrow by the most important and boldest whistleblower in Swiss banking history, Rudolf Elmer, two days before he goes on trial in his native Switzerland.

http://www.guardian.co.uk/media/2011/jan/16/swiss-whistleblower-rudolf-elmer-banks

Austrian Tax Evasion Whistleblower’ Dies in Swiss Jail

Something is fishy in Switzerland. What was this whistleblower doing in jail? How did he die? If he had taken his own life, or died of natural causes, would the authorities refuse to give out any further information on the incident. Maybe someone slipped by calling this an incident…

An Austrian tax evasion whistleblower has been found dead in his prison cell, a local newspaper has claimed.

http://ebookcashstreams.com/HotNewsBlog/2010/10/austrian-tax-evasion-whistleblower-dies-in-swiss-jail/

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

Thu, 09/08/2011 - 15:21 | 1647345 ElvisDog
ElvisDog's picture

See, I think you misintrepret me. If I was King, I would legalize marijuana, close all overseas military bases, bring all of our soldiers home (keep the navy and nukes around just in case), institute a bare-bones single-payer health insurance program for everyone and if you want anything beyond that pay for it yourself, basically shut down the health insurance companies. re-institute Glass-Stegall, eliminate federally-guarenteed student loans, make all existing student loans non-recourse, institute right-to-work laws in all 50 states, elminate the TSA and the department of Homeland Security, while I'm at it eliminate the Departments of Education and Energy.

That's probably enough for a start. Is that "Republican enough" for you or do you still want to cling to the belief that I'm some corporate troll??

Thu, 09/08/2011 - 17:13 | 1647811 JW n FL
JW n FL's picture

why are you fighting me on the top 0.1% whp pay NO! Fucking Taxes?

If I were King.. we would have a street party.. and Hang ALL of those fuckers! and confiscate ALL their Money!! and do something positive with it.

$2.2 Trillion in the past 5 years to the Bankers. FOR WHAT?? and they pay NO Taxes.. I am talking about the people who work for the Banks.. NO! the Executives not the drive thru tellers before you decide to make it a stupid conversation again.

the system is corrupt and broken and NO ONE! is doing anything about it becuase they are comfy and dont want to be the first and / or give up a very comfortable life style.. I havent fired any shoots so I am NOT! just bashing you now am I?

We have a larger problem.. that everyone ignores..

the most well armed Country in the History of the World is about to be starved a little.. the old and the poor of course..

the middle will be next.. as they have already be softened up some..

and after that it will be easier as the numbers are smaller for each demographic.

so.. as everyone turns away and pretends not to see whats going on becuase it does NOT! involve them.. this is only a temporary fix for them!

becuase they are coming for all of us.

Thu, 09/08/2011 - 15:41 | 1647422 Kelley
Kelley's picture

Your grandma will still get her SS check like clockwork. The changes would only affect those under the age of 50. Nothing changes for those 50 and over.

When SS was started there were 140 paying in for every person receiving a check. Today, it is three workers for one recipient and will become two workers for each recipient in the future. 

The maximum employee tax was $60 a year when it started. Today the maximum is over $13,000 annually.

Despite all the money that is collected, it isn't enough to meet the the liabilities. Meanwhile, when SS payments were in the black, Congress spent it all on OTHER PROJECTS.

Thu, 09/08/2011 - 16:27 | 1647652 ffart
ffart's picture

Yep, because more looting is going to get us out of this mess and prevent government from defaulting on their fraudulent promises.

Thu, 09/08/2011 - 13:59 | 1646931 Christophe2
Christophe2's picture

@"The "big 5" are education, law enforcement, health care, pensions for govt workers, and welfare payments"

 

All of those are perversely and purposefully missmanaged by NWO sellouts and follow the NWO think tanks' pure-evil guidelines:

- Education: public education systems purposefully teach the bottom 90% how to fail at life (http://www.philipdru.com/audio/gatto.mp3 ), and furthermore a vast proportion of the funds go to BS NWO middlemen, analysts and managers who are there to leech while making sure no one can teach positive things.

- law enforcement: how about legalizing drugs?  Oops, that would get in the way of the government/NWO's profits and shadow banking slush funds (Iran-Contra, big banks making bank from money laundering, etc.).

- health care: the US spends twice as much on healthcare per capita than Europeans do, yet we have millions uninsured (but huge profits for the pukes at the top of the industry).

- pensions: teachers accept low pay because of the promised benefits, cops agree to the risks and crap work because of the promised benefits (etc.), but it seems like they won't get any of it (just like in "Animal Farm", we'll be sold for glue instead).  Globalization and countless other practices have destroyed the jobs and self-sufficiency communities used to have, so besides the absurdly low effective taxes for the top 0.1% and corporations and the predatory fraud, let's not forget why all our cities and states are broke...

- welfare payments: the system has a lot of perverse incentives and gets abused a lot, but as JW points out, there are lots of kids involved (millions) - just 'cos it's broken (on purpose), just 'cos those people were never given the same chance at you to succeed (and hence largely failed at life), ZH readers seem to think the 'best' solution is to let them all die?

 

I am certainly in agreement with JW's message and sentiment: it seems like none of you care, all of you believe the NWO message that people who are unsuccessful at life (at a sociological level, rather than an individual level) somehow deserve their lot in life.

 

What fraction of the poor people who are born on the wrong side of the tracks ever escape the misery that the system dooms them to?  (And how many of those are true success stories, rather than being more examples of NWO sellouts giving the false impression of success?)  I know I would not have been able to turn out as I did if I did not have the idylic early childhood I had, but it seems like you all are blissfully convinced that your success is simply the result of your own efforts?

 

Hollywood, TV and various religious organizations (which overwhelmingly originate from NWO pukes) have you convinced that every man for himself is the RIGHT WAY.  Sure, it's hard to believe in helping others when efforts to do so seem to always fail, but surely by now you realize that all these efforts are engineered to fail?  More than anything, this widespread lack of empathy is a very sad testament to modern man.  To repeat JW's message: shame on you.  My message: wake up!  Being selfish and self-centered dooms you to unhappiness and makes you incapable (isolated as you become) from ever standing up against the NWO!

Thu, 09/08/2011 - 17:23 | 1647836 JW n FL
JW n FL's picture

 

 

you are far too polite!

"off with these scumbag cockroaches heads!!"

 

and remember that here in America! the Truth will get you thrown in Jail!!

it is better to Lie, Cheat and Steal.. of course it has to be done on a Grande' Scale to be accepted by Law Enforcement as NOT Breaking the Law.. steal a loaf of bread to feed your family and you will get gunned down by over paid meter maids wearing more body armor than the Marines get on the front lines of Iraq, Afganistan or Other Un-Named Hell Hole!

Fuck the Sworn Law Enforcement they are NOTHING more than modern day Pinkertons.. here to suck Rockefellers dick and kill innocent people.

*** "The truth must die." ***

http://www.salon.com/news/opinion/glenn_greenwald/2010/05/25/whistleblowers

Obama's War on Whistle-Blowers Intensifies.

The Obama administration's war on whistleblowers -- whose disclosures are one of the very few remaining avenues for learning what our government actually does -- continues to intensify.

UBS whistleblower Bradley Birkenfeld deserves statue on Wall Street, not prison sentence

BY JUAN GONZALEZ - NEWS

DAILY NEWS STAFF WRITER

Wednesday, January 06, 2010

Barack Obama, who entered the White House promising all this change, should be hailing Bradley Birkenfeld as a modern-day hero.

He should erect a statue on Wall Street for this former banker for Swiss giant UBS who blew the whistle on the biggest tax-evasion scheme in U.S. history.

http://articles.nydailynews.com/2010-01-06/news/17944768_1_bradley-birkenfeld-bank-fraud-sentencing-hearing

For a Whistle-Blower, No Good Deed Goes Unpunished

By JESSE EISINGER, ProPublica

Recently, I caught up with David Maris, a one-time star pharmaceutical analyst for Bank of America who became embroiled in one of the most notorious bull/bear battles of the last decade. His story encapsulates just how broken Wall Street culture is.

http://dealbook.nytimes.com/2011/06/01/for-one-whistle-blower-no-good-deed-goes-unpunished/

Swiss whistleblower Rudolf Elmer plans to hand over offshore banking secrets of the rich and famous to WikiLeaks

He will disclose the details of 'massive potential tax evasion' before he flies home to stand trial over his actions

The offshore bank account details of 2,000 "high net worth individuals" and corporations – detailing massive potential tax evasion – will be handed over to the WikiLeaks organisation in London tomorrow by the most important and boldest whistleblower in Swiss banking history, Rudolf Elmer, two days before he goes on trial in his native Switzerland.

http://www.guardian.co.uk/media/2011/jan/16/swiss-whistleblower-rudolf-elmer-banks

Austrian Tax Evasion Whistleblower’ Dies in Swiss Jail

Something is fishy in Switzerland. What was this whistleblower doing in jail? How did he die? If he had taken his own life, or died of natural causes, would the authorities refuse to give out any further information on the incident. Maybe someone slipped by calling this an incident…

An Austrian tax evasion whistleblower has been found dead in his prison cell, a local newspaper has claimed.

http://ebookcashstreams.com/HotNewsBlog/2010/10/austrian-tax-evasion-whistleblower-dies-in-swiss-jail/

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

 

Thu, 09/08/2011 - 23:10 | 1649453 StychoKiller
StychoKiller's picture

Go forth, and alleviate some suffering:  http://www.worldvision.org

You MUST understand:  "Our work, or your (Big Brother's) guns -- pick one, you CANNOT HAVE BOTH!"

Fri, 09/09/2011 - 00:17 | 1649579 baltbear
baltbear's picture

Mathematics will also not give a shit if the urban poor stop burning down their own neighborhoods and go find fresh fuel supplies in grosse point.

   Mathematics also does not give a shit about definitions of "we" where "we" = less than all of the planet.

 

 It's a passionless, neutered trick for making things into whatever someone wants them to be, especially when words with no mathematical value, such as "fleeing" are introduced.

 

 

Thu, 09/08/2011 - 12:25 | 1646538 VogonPoet
VogonPoet's picture

don't worry grandma will continue to collect factors above what she paid in. that is until the baby boomers die off.

these people would have jobs if minimum wage was eliminated. i have plenty of work to hire people to do, but people on govt support won't take those jobs, and the govt won't let me or others hire people to do them at the rates I am willing to pay. so i'll keep my money, thank you very much.

just wait until the robots arrive, everyone will be on perpetual welfare.

Thu, 09/08/2011 - 12:36 | 1646592 knukles
knukles's picture

Uh... Methinks Grandma will be dead before the Baby Boomers Die Off...

Thu, 09/08/2011 - 14:16 | 1647033 Christophe2
Christophe2's picture

Wow, how nice of you: you'll pay people slave labor wages like the Chinese?  Truly magnanimous!

 

If you make minimum wage, you can't afford health insurance or other necessities for yourself and your family (even at 12hrs/day 7/days a week).  I wouldn't accept such a raw deal - would you?

 

How about realizing that inflation doesn't count food anymore, and that prices for basic foodstuffs have increased 15-60% in one year (2009-2010)?  Minimum wage today is almost certainly going to set you below the poverty line, and you think it's too high?  Why the hell are we competing with slave labor?  It is a race to the bottom, and self-centered pricks like you don't even get how that affects you too, inevitably.

Thu, 09/08/2011 - 17:32 | 1647873 JW n FL
JW n FL's picture

 

 

are you a Jew?

Cause You sound like a dirty Jew..

how much you wanna pay Jew Boy?

$0.05 an hour to polish your knob?

"O" I forgot You Jews can Cheat us Gentiles..

well why not say you will pay a lot and then just stiff the workers!!

maybe you could find something just not perfect and execute some claw backs! or.. dock their pay!

How is the trailer park treating you?

take the man out of the trailer but you will never get the trailer out of the man!

 

Thu, 09/08/2011 - 23:13 | 1649460 StychoKiller
StychoKiller's picture

Ooh, I know, let's just raise minimum wage to $200/hr!  Check your premises, because there's a flaw in your logic.

"Economics in One Lesson", ISBN:  978-0-517-54823-3, by Henry Hazlitt

The minimum wage issue has already been analyzed for you, AND no messengers were attacked in the process!

Fri, 01/27/2012 - 17:19 | 2103878 Panafrican Funk...
Panafrican Funktron Robot's picture

Reducing labor cost is fine in concert with scaled income subsidies with increased subsidies for each hour worked in a month.  In the absence of such a scheme, the incentives aren't structured to encourage working for the bottom 40%.  

Thu, 09/08/2011 - 12:39 | 1646612 pettolicious
pettolicious's picture

You and grandma are welcome to move up north and live with me.   You can mow my lawn and grandma can cook me some chicken pot pie.   Maybe you should have spent some of the money you earned on something other than SPAM and ammo.

Thu, 09/08/2011 - 13:05 | 1646694 lemonobrien
lemonobrien's picture

you don't really give a shit about those people in Africa; pull you head out ya ass boy; countries/nations... those are just the boundaries of the different farms.

Thu, 09/08/2011 - 13:39 | 1646832 Hacksaw
Hacksaw's picture

Looks Like the zero head favorite got the finger from Perry last night . Caption this pic. I'll start it off.

Now Ron, don't start that crazy libertarian crap with me.

 

Thu, 09/08/2011 - 15:22 | 1647349 Citxmech
Citxmech's picture

WTF?  Is that a log scale? 

RP better start watching himself in the hot tub and on airplanes. . .

Thu, 09/08/2011 - 12:01 | 1646442 Kayman
Kayman's picture

Speaking of circuses:

"Ten years after al Qaeda's attack on the United States, the vast majority of the 9/11 Commission's investigative records remain sealed at the National Archives in Washington, even though the commission had directed the archives to make most of the material public in 2009, Reuters has learned."

Obviously, the serfs can't handle the truth about the Fed, 9/11, you name it.  Now eat your pablum...

Thu, 09/08/2011 - 12:22 | 1646522 Oh regional Indian
Oh regional Indian's picture

Hah Kayman, I guess the National Archives in washington just might be the target of, ummmm, an accidental fire maybe? What with small plane risks and all that humbug recently floated by the DHS.

Just like so much was destroyed in the building 7 collapse/pull/whatever.

Stinks, I tell ya.

V

Hey America!!!

Fri, 09/09/2011 - 00:21 | 1649585 baltbear
baltbear's picture

Speaking of 911, the hedgies and their running dogs did 5 times as much damage to America in 2008 as did Al Qaeda. Where's Seal Team 6 when they're actually needed?

Fri, 09/09/2011 - 00:21 | 1649586 baltbear
baltbear's picture

Speaking of 911, the hedgies and their running dogs did 5 times as much damage to America in 2008 as did Al Qaeda. Where's Seal Team 6 when they're actually needed?

Thu, 09/08/2011 - 11:32 | 1646333 j0nx
j0nx's picture

Purveyors of truth will not be tolerated in the United States of Amerika. All dissenters will be rounded up and reeducated in the kamps. You're either with us or against us. /S

Thu, 09/08/2011 - 23:15 | 1649466 StychoKiller
StychoKiller's picture

"Only a Sith deals in absolutes..." -- Obi Wan Kenobi

Thu, 09/08/2011 - 11:49 | 1646394 economessed
economessed's picture

You're measuring CNBC up against a standard of serious journalism, but it is not a journalistic/news enterprise.  It is an entertainment enterprise.

This clip is unequivocal evidence of that conclusion -- there is no effort to objectively convey facts to educate or inform -- it's all about drama, opinion and sensationalism.  They methodically try to capitvate their audience with thunderous sound vignettes, computer generated graphics, outrageous dialog, sex appeal, purient content, and manufactured controversy. 

CNBC is an entertainment venue with a business/economics theme.  Their purpose is to sell advertising for a profit.  They don't care about the well-being of their viewers, and they have no accountability for their content. 

That said, I admire Mr. Santelli for his candor, but he is very much out of place in that environment as has been noted in the comments above.

Thu, 09/08/2011 - 12:35 | 1646587 LongShortSally
LongShortSally's picture

Oh for Pete's sake Santelli's role is part of the plan.  I'm sure CNBS management has encouraged Santelli to stir up the pot for pure entertainment value. You see it with the inane sparring between himself and Liesman. Pure WWF if you ask me. Santelli couldn't (or wouldn't) defend his characterization of SS as a Ponzi scheme with a fact-based discussion.  He's as complicit as the rest of them.

Thu, 09/08/2011 - 15:34 | 1647399 RockyRacoon
RockyRacoon's picture

The argument was one of semantics anyhow.   When defining a true Ponzi scheme, it does involve a knowing intent to defraud.   The kicker is that what the gov't is doing with the Social Security funds would be illegal if you or I were doing it.   Therein lies the problem.   The person/entity committing the act defines whether or not it is criminal in nature.  

Gov't = no.  You = yes.

See?  It's just semantics.

Thu, 09/08/2011 - 13:26 | 1646794 Kayman
Kayman's picture

"I'm Outsourcing Jack Welcher and I swallow, er, watch CNBS "

Thu, 09/08/2011 - 13:51 | 1646926 AnAnonymous
AnAnonymous's picture

This clip is unequivocal evidence of that conclusion -- there is no effort to objectively convey facts to educate or inform -- it's all about drama, opinion and sensationalism. They methodically try to capitvate their audience with thunderous sound vignettes, computer generated graphics, outrageous dialog, sex appeal, purient content, and manufactured controversy.

CNBC is an entertainment venue with a business/economics theme. Their purpose is to sell advertising for a profit. They don't care about the well-being of their viewers, and they have no accountability for their content.

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Indeed, indeed. It is all a show.

But you know, when you are battling to promote an option while pushing down others, when you are over and successful, you end with the option you promoted and the options you did not manage to eliminate.

It is all a show, true to US spirit, that is monetizing conflict.

A question hangs: Has the US world order the capacity to provide a framework to discuss, to debate?

While all these shows are doing what they are doing, it is also because they can not do otherwise.

The US has killed the possibility of debate.

The issue for US citizens is simple: a debate points at them as the main actors behind the stage and the current state of the world.

They do not want this and will keep filling the gap with their shows.

Thu, 09/08/2011 - 15:36 | 1647409 RockyRacoon
RockyRacoon's picture

Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. - John Kenneth Galbraith

Thu, 09/08/2011 - 15:39 | 1647419 Rick64
Rick64's picture

Great quote.

Sat, 02/18/2012 - 23:50 | 2174256 Upswaller
Upswaller's picture

Haven't seen you much, Rocky, glad to see you around.  :-)

Thu, 09/08/2011 - 11:20 | 1646275 Azannoth
Azannoth's picture

When Rick asked him 'if SS was a Ponzi scheme' the fat guy made a face like he was thinking ".. can people see my fat body through my clothes..?"

Thu, 09/08/2011 - 11:46 | 1646373 Libertarians fo...
Libertarians for Prosperity's picture

 

 

 

I find it absolutely hilarious that a bunch of Republican reptiles are debating in the Ronald Reagan library, nearly falling to their knees in worship of him, and, simultaneously, having a discussion on whether social security is a ponzi scheme.  

The irony!

*LOL*

In 1983, Ronald Reagan conspired with Alan Greenspan to completely FUCK OVER the American middle class, through a substantial SS tax hike. This was enacted under the guise that it would create SS surpluses over the next 30 years to pay for the huge retirement needs of the baby boomers.  As soon as the baby boomers began to retire, these surpluses would be needed to offset the huge SS deficits when the baby boomers began to draw down their money.  

Then, in 1985, just as soon as the first surpluses began to accumulate, the money was surreptitiously shifted out of the SS reservoir, put into a general revenue fund, and spent (!) on various government programs which the Reagan tax cuts could no longer pay for.  

NONE OF THE MONEY WAS SAVED! *LOL*

That's how Ronald Reagan supposedly cut income taxes and still balanced the budget.  And every president thereafter has participated in this theft.  

Now, 30 years later, we're standing in the Reagan library, worshipping the man, and trying to figure out how to solve the SS crises at our doorstep.  

Republicans!  They're almost as hilarious as the libertarians, but not quite.   

 

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