• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Thessaloniki Riot Web Cam

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Sat, 09/10/2011 - 13:35 | 1654625 ThatGuyEhler
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Don't worry, everything is fine. Go about your business, don't prepare, it's all going to be OK. <sarc>

Sat, 09/10/2011 - 17:10 | 1655066 AldousHuxley
AldousHuxley's picture

Greek "economy":

40% of labor in public service

15% in tourism


The secret is neighboring Islamic Turkey is the capitalist now





Sat, 09/10/2011 - 17:55 | 1655120 MassDecep
MassDecep's picture

That's the attitude of 99% of the sheeple. This is really going to be interesting. 

Sun, 09/11/2011 - 02:44 | 1655783 Shredd the FED
Shredd the FED's picture

An amazing interview with a KGB agent... MUST WATCH!!!  http://www.youtube.com/watch?v=qvoZCtpYCRI 

Sun, 09/11/2011 - 17:30 | 1657374 X.inf.capt
X.inf.capt's picture

this is going to be tragic, nothing ever good comes out of the collapse of a fiat currency, as i said before, you get,

1. authoritairian goverment

2. military dictatorship


3. civil war

Sat, 09/10/2011 - 13:37 | 1654629 EscapeKey
EscapeKey's picture

"Those who make peaceful revolution impossible will make violent revolution inevitable." - JFK

Sat, 09/10/2011 - 15:12 | 1654855 Poetic injustice
Poetic injustice's picture

If he would have believed and done that, Cuba would have been a better place.
So this is just politico-speak.

Sat, 09/10/2011 - 16:18 | 1654976 JW n FL
JW n FL's picture



just politico-speak


let's all hold hands across America and pray that the Lobby Whores in Washington DC and their owners on Wall Street will stop raping and murdering Main Street?

it has been 40 plus! years of NO CHNAGES and shit getting worse and worse.. and if we look at history! this shit isnt even a new issue! just better managed by our Owners!


after the Rockefellers Murdered all of those people.. they moved onto propaganda / population management.

http://www.openfilm.com/videos/psywar <---- Thanks "CD" http://metanoia-films.org/index.php

which leads us to today's modern day robbery's!

SOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO! what should we do? Protest? Voting with Bullets is to, too much! the Nazi Pigs Vote with Bullets all the time! handcuff you! then shoot you in the back! like the fucking cowards they are!

So! what if NOT! force should we use to defend ourselves from being robbed blind?

and with all the drama the Government is creating.. what makes you think that Population Management is NOT! what the Government wants!

Maybe they want us all to kill each other.. so the polite lil Mexicans can work in this new service economy that has been developed by sending all the manufacturing jobs elsewhere around the world?

when will it be appropriate to do SOMETHING! to stem the Destruction of America?

Law Enforcement.. Sworn to Up Hold the Law!! only Preys on working people or "We the People".. Never do they lift a Finger against Wall Street! Never do they lift a finger against the Lobby Whores who have sold our entire manufacturing base / tax base to other Countries! if that is NOT Treason I dont know what the Fuck is??

So! Tell Me! what the other thing to do is? no one is going to fight back! no one will get off their ass until they get hungry.

when these idiots start making people hungry! when the "We the People" realize that the entire manufacturing base has been shipped off to another country!! then there will be some justice! REAL JUSTICE handed out!

and the Nazi Pigs who still have their Union and Pensions.. will have to earn their money gunning down "We the People"! No worries the Army will help! Shit maybe the Rockefellers will hire the National Guard AGAIN!!


Sat, 09/10/2011 - 18:28 | 1655174 KrugerrandFan
KrugerrandFan's picture

Thanks for the links JW n FL

Sat, 09/10/2011 - 19:02 | 1655248 The Deleuzian
The Deleuzian's picture

where's your tip jar dude!

Sat, 09/10/2011 - 19:13 | 1655261 KrugerrandFan
KrugerrandFan's picture

Interesting film.

Sat, 09/10/2011 - 22:11 | 1655530 LasVegasDave
LasVegasDave's picture

Its too bad labor cant be put down like that anymore.

Collective bargaining and minimum wage laws have driven most middle class jobs to China.  Thank the unions and their lobbyists.

You are a corrupt propogandist JW, and do your idol Herr Goebbels proud.

Sun, 09/11/2011 - 03:20 | 1655796 AnAnonymous
AnAnonymous's picture

Collective bargaining and minimum wage laws have driven most middle class jobs to China. Thank the unions and their lobbyists.


Outsourcing (moving jobs out of an area) is the result of Smithian Economics.

As a zone grows richer, it naturally expells all jobs whose output is not valued enough to afford living on the richer and richer zone.

Unions have little to do with Smithian mechanics. Unions have made the best out of a determined situation.

Mon, 09/12/2011 - 13:27 | 1660142 AldousHuxley
AldousHuxley's picture

What the rich elites don't want union haters to know:


That capital have more unions then labor....it is called concentrated capital. These day and age everything is for sale. capital is king. capital can pay off union leaders to go fuck themselves or to kill the laborers. what can labor do except to riot?


Since 1980s capital has flexed its power over labor. Time for labor to come back otherwise, US will become 3rd world. Gadaffi and sons will have all of the capital to control nation's resources while labor is stuck on where they are born into. I hope you are so filthy rich that your kids will be ok just from your inheritance and a walmart greeter job. Because pretty soon, college is going to cost their arm, professional school is going to cost their leg, and a safe home will cost their brains just to have the same quality of life boomers have enjoyed. Only way for your daughters to imrove their situation is to suck an old rich bankster dick.

Sat, 09/10/2011 - 23:43 | 1655647 Michael
Michael's picture

What is the Chinese pay rate at which the US can compete with them? 10c, 20c, 30c, 40c, 50c? It appears today it is 50 cents.

Sun, 09/11/2011 - 02:56 | 1655785 LasVegasDave
LasVegasDave's picture

Labor is worth what someone is willing to pay for it, nothing more. 

$30 per hour for running a drill press? 

Sun, 09/11/2011 - 10:52 | 1656036 Andre
Andre's picture
  • Run a manual mill, parts to .001 tolerance.
  • Run a manual lathe, parts to .001 tolerance
  • Modify a hot (electricity on) 480 v electrical panel - no gloves, drilling required
  • Repair complex industrial machinery - electrical, electronic, hydraulic, pneumatic, mechanical
  • Modify/extend the capabilities of machinery
  • Repair indoor and outdoor lighting
  • Preventive machinery maintenance - oil, grease, air filters, adjustment
  • Provide own tools for 95% of work


Try running a drill press well enough to get the job and keep it. Not as simple as it sounds.


Mon, 09/12/2011 - 13:11 | 1660091 AldousHuxley
AldousHuxley's picture

In China you can live with $1/day, in US you cannot due to purchace price parity


Society is responsible in shaping how labor can earn money...how a human being can improve themselves. Society defines the rules of engagement. That's why we dont' have slavery. Earning money as a slave trader is something modern societies will not allow because that is not a fair competition.


Study what happens when you have concentration of capital. Capital then starts overpowering labor to a point labor no longer has a choice. Capital will dictate that you work for $1/hour becuase there are no other employers and avenues to improve your situation has been banned and also owned by the same capital. When walmart is the only game in a small town with shitty education/hospital/police and lying media (ie. fox news) due to walmart owners not paying their fair share and with the wealth they control education/police/hospitals/media to their favor, then what is a small towner to do?They end up fighting for more tax cuts for walmart owners after being brainwashed by Fox News.


Founder of walmart built a business....what did their kids to except born into it that they deserve billions while a talented kid with high IQ and high potential is robbed his opportunity to contribute to the greater good of society?


Measure society by how talented people improve themselves through hard work. For last 30 years, middle class went nowhere but they worked harder (productivity increased, education levels increased, work hours increased, personal sacrifices increased)


Sun, 09/11/2011 - 01:48 | 1655769 Hugh_Jorgan
Hugh_Jorgan's picture

A wise man once said of social change: "never run from something, run to something". Long term success of "Revolution" has only been realized one time in history for this very reason.

Sun, 09/11/2011 - 09:54 | 1655979 Are you kidding
Are you kidding's picture

It happened on "virgin" ground...not much of that around any more.  Are you saying the fix doesn't come until we colonize space?

Sat, 09/10/2011 - 13:38 | 1654634 President Palin
President Palin's picture

Change you can bereave in.

Sat, 09/10/2011 - 13:53 | 1654668 Civil Shepard
Civil Shepard's picture

Love it

Sun, 09/11/2011 - 00:29 | 1655706 Yen Cross
Yen Cross's picture

I like the female " Chivalry"...


    MOON Lighting!

Sat, 09/10/2011 - 13:39 | 1654637 Motorhead
Motorhead's picture


Sat, 09/10/2011 - 13:41 | 1654645 uno
uno's picture

beautiful night in athens for a riot and or looting or 2, maybe flash mobbing.  Women, please refrain from wearing high heels as they can stick when looting and running

Sat, 09/10/2011 - 20:36 | 1655418 tom a taxpayer
tom a taxpayer's picture

At 8:27 PM EST on PREZA TV web cam (above), as the announcer was talking, a dog barked twice. An omen.

I did not understand the Greek the announcer was speaking, but I did understand the dog barking twice. Ominous.


Sun, 09/11/2011 - 10:09 | 1655990 Bam_Man
Bam_Man's picture

Not ominous. That was just "riot dog" announcing his presence. He goes to all the Greek riots.

Sat, 09/10/2011 - 13:42 | 1654646 mrkolice
mrkolice's picture

dance baby :)

Rage Against The Machine - Renegades of Funk


Sat, 09/10/2011 - 13:43 | 1654652 GFKjunior
GFKjunior's picture

What will the US riots look like?

Sat, 09/10/2011 - 13:56 | 1654672 Ahmeexnal
Ahmeexnal's picture

Ask Rodney King.

Sat, 09/10/2011 - 14:08 | 1654707 A Nanny Moose
A Nanny Moose's picture

Can't we all just get along?

Sat, 09/10/2011 - 14:11 | 1654713 Hulk
Hulk's picture

Obviously not...

Sat, 09/10/2011 - 14:27 | 1654754 tmosley
tmosley's picture

We could if one class of people (police) weren't held above the law.

"I'm going to kick your ass and get away with it" is what causes race riots.  That or a backwards, jealous population that outnumbers an advanced, wealthy minority (Like in Greenwood: http://en.wikipedia.org/wiki/Greenwood,_Tulsa,_Oklahoma)

Sat, 09/10/2011 - 14:56 | 1654824 DoChenRollingBearing
DoChenRollingBearing's picture

Nice link.  Learned something today!  Thanks.

Sat, 09/10/2011 - 15:17 | 1654863 LeBalance
LeBalance's picture

Analogously, civil war of the total kind is precipitated by "I am going to steal your life and the food from your plate and eat steak tartare and live in the Hamptons, and there is nothing you can do about it.  Furthermore I hope you like glowing in the dark because "my" neighborhood is "not" where that stuff is going to be dumped."

Sat, 09/10/2011 - 14:56 | 1654825 Rodent Freikorps
Rodent Freikorps's picture

No one seems to remember the race riots of the 60s, anymore.

Sun, 09/11/2011 - 00:21 | 1655696 James
James's picture

I do Rodent.

I delivered newspapers

Sun, 09/11/2011 - 00:32 | 1655711 Yen Cross
Yen Cross's picture

Me too . And I loved it . Cleveland 77-79  in my neighborhood! For my buddy Chip! We played stick ball together!

Sun, 09/11/2011 - 09:46 | 1655973 Coldfire
Coldfire's picture

When I lived in Little Italy in Cleveland, my landlady who lived through the 60's riots pointed out the machine gun turrets on the neighborhood buildings. Even in the 90's, on welfare check days you could hear the gunshots from East Cleveland. There is a lot of ruin in these rust-belt cities. They're gonna burn.

Sun, 09/11/2011 - 03:25 | 1655798 AnAnonymous
AnAnonymous's picture

Can't we all just get along?

In the US world order? Certainly not. US citizenism has made a rule of monetizing any kind of conflict possible. Now that it is in the economy, forgetting conflicts would remove jobs.

Just look at a TV show; hosts jobs is only to foster conflicts between their guests, to pit one propagandist against another.

In this US driven world, the question is: what new conflict can I seed and monetize?

Sat, 09/10/2011 - 16:16 | 1654971 Thomas
Thomas's picture

Check out a Best Buy when they open for Black Friday X-Mass sales.

Sat, 09/10/2011 - 14:05 | 1654698 toady
toady's picture

When I watch these Euro riots I'm always wondering where the piles of bodies are... Then I remember none of these folks have weapons.

I'm expecting a BIG body count if stuff like that happens in the US.

I suppose Europeans piled enough bodies in WW I & II to last for a while...

Sat, 09/10/2011 - 14:29 | 1654761 Fish Gone Bad
Fish Gone Bad's picture

I'm expecting a BIG body count if stuff like that happens in the US.

I honestly do not know if riots will ever happen in the US.  Look at all the fat people who just eat, and watch TV.  Rioting sounds like it might take too long, or people might have to carry heavy signs, or even have to walk some. 

Sat, 09/10/2011 - 14:38 | 1654784 toady
toady's picture

Fair enough. It really does need to get pretty bad before Americans will get off the couch.

The one thing I think will do it is hunger, and most fat fucks get hungry every 30 minutes.

And you don't need to be in shape to pull a trigger!

Sat, 09/10/2011 - 14:45 | 1654802 CrashisOptimistic
CrashisOptimistic's picture

When the grocery shelves at Walmart stop getting refilled by trucks that stop rolling, and when the great unwashed awaiting government to fix the problem are told to gather in some location for arrival of military trucks with food . . . . and when they do so, numbering 85,000 and see 3 medium sized trucks roll up . . . that's when the shooting starts.

Sat, 09/10/2011 - 15:21 | 1654868 Ahmeexnal
Ahmeexnal's picture

When Taggart bridge collapses it'll be time to run for your life.

Sun, 09/11/2011 - 16:48 | 1657208 prains
prains's picture

Don't police shoot you on bridges?

Sat, 09/10/2011 - 17:45 | 1655109 Jendrzejczyk
Jendrzejczyk's picture

Sorry Fishy,

your green has been locked out. I tried.

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