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Things That Make You Go Hmmm.... Such As An Empty Box Filled With Promises Of Money, And Europe's Soup Nazi

Tyler Durden's picture





 

Some amusing weekend observations from TTMYGH's Grant Williams: "The EFSF is basically an empty box filled with promises of money - many of them from the very people who are most likely to need to borrow that same money. Should they need to borrow the money, they won’t be able to make good on their promises so there will be less money for them to borrow. Now the brain trust running Europe have decided, in their collective wisdom, to apply leverage to the non-existent money in the empty box that they have yet to actually borrow, so it can backstop even more of the hundreds of billions of Euros of sovereign debt issued by countries whose finances are in such dire straits that they either require the kind of robust growth that is hardly likely to materialize any time soon or the forgiveness by the holders of that debt of a large part of it.... Of course, granting Greece the package they did this past week, the Eurocrats have rather incredibly found yet another corner into which to back themselves. You can hardly champion the ‘One Europe’ manifesto on the one hand but then, as the next country lines up at the counter, declare “No soup for you!” - but that seems to be the ‘plan’ at this stage."

Full report:

 

 


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Sat, 10/29/2011 - 23:57 | Link to Comment zorba THE GREEK
zorba THE GREEK's picture

The EZ treating countries differently is not going to last very long without

some members threatening to exit the Union.

Sun, 10/30/2011 - 00:06 | Link to Comment paarsons
paarsons's picture

Trust me.

Those bitches are bought and paid for.

They ain't going anywhere till the peasants start polishing off the guillotines. (sp?)

We're in for a hard long slog.

Lots of up and downs.

Good luck.

http://fucklloydblankfein.blogspot.com

Sun, 10/30/2011 - 01:03 | Link to Comment LeonardoFibonacci
LeonardoFibonacci's picture

On a totally serious note did you know that HUGO BOSS designed the NAZI & SS uniforms that were worn in WW2.  No wonder their uniforms were so fashionable.

http://www.nytimes.com/1997/08/15/business/hugo-boss-acknowledges-link-t...

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

Sun, 10/30/2011 - 01:12 | Link to Comment LeonardoFibonacci
LeonardoFibonacci's picture

It is unfortuneate that alot of articles on ZH contain the word Nazi.  The Nazi government of Germany under Hitler would have never stooped as low as Merkel.  This crisis would have been avoided by Hitler just by eliminating the financial powers that are the same as those of Hitler's era.  Hitler would have a few extra train wagons waiting for all these people that again are running europe.  Needless to say the train destination would be in a remote place in Poland where  these criminals would meet their demise. 

Sun, 10/30/2011 - 03:57 | Link to Comment Ghordius
Ghordius's picture

Your Hitler fixation is boooooooooring.
Even my fascist relatives who knew the guy would find it so.
I need a Nazi Comment Filter here.

Sun, 10/30/2011 - 07:37 | Link to Comment spdrdr
spdrdr's picture

Fuck off and die, Leo.  In fact, fuck off and die a slow, painful cancerous death. 

That is all.

Sun, 10/30/2011 - 09:24 | Link to Comment LeonardoFibonacci
LeonardoFibonacci's picture

My freedom of speech disturbs you.  Historically between 1930 & 1945 this shit would have never happened in Germany.  Wishing illness on someone is not very koscher is it?

Sun, 10/30/2011 - 13:00 | Link to Comment Greyhat
Greyhat's picture

"Historically between 1930 & 1945 this shit would have never happened in Germany."

The German Ponzi scheme 1933-45 based on uncovered Golddiskontbank bills was very similar to actual approaches. ;)

The only difference: There woudnt have been a Soros to bring down the house of cards. The Gestapo would have "managed black swan events" in a different way.

Would the US be a better place today if the house of ninja loan cards would have been "hedged" in a similar way?

Be careful what you wish for you just might get it.

Sun, 10/30/2011 - 07:52 | Link to Comment paarsons
paarsons's picture

Why all the anti-Semitism?

The WASPS and the Chinks are just as bad.

It's all about greed.

And the Jews haven't cornered the market on that sin.

http://fucklloydblankfein.blogspot.com

Sun, 10/30/2011 - 09:51 | Link to Comment LeonardoFibonacci
LeonardoFibonacci's picture

Anti-Semitism?  3 times as many people have died in the Armenian genocide, do you hear them play the holohoax victim card in the main stream media?  Who controls main stream media today?

Sun, 10/30/2011 - 17:56 | Link to Comment d_senti
d_senti's picture

You know, I would honestly like to see a clear, concise explanation of these "the Jews run the world" theories. I've never seen one. I've investigated the Holocaust with an open mind and found that it absolutely happened, and worst-case scenario the numbers are off by a bit. I agree that some Jewish organizations play up the Holocaust for sympathy and that some accusations of anti-Semitism are overblown.

I've read the Talmud (a real version, not the ones for public consumption) and know what horrible things it says about Christians and non-Jews in general, and how traditional rabbinic Jewish doctrine sees the goyim (Gentiles) as less than human. I don't think many Jews agree today, but it's taught in the traditional doctrine. I know that Jews are overrepresented in law, banking, media and (especially leftist) politics, though my impression is that it's a cultural thing and based on Ashkenazi intelligence levels. I am fairly convinced that the Protocols are a hoax.

I understand all these things, but they in no way lead me to the conclusion that Jews as a whole (or Zionists if you make a distinction) are some unique blight on the world that must be stopped. Is there something I'm missing? Because it seems to me that the general wickedness of society's upper echelon knows no distinction between groups. The Protestants, Catholics, Jews, Mormons, Atheist etc. at the top are all plainly immoral and evil. In raw numbers other groups far outnumber Jews. So what is it?

I am asking sincerely. If there is a clear, definitive proof of something, I am convinced, regardless of the politically correct consequences of it. So does anyone have this proof that appears to have convinced so many? Or is this not a rational belief?

Sun, 10/30/2011 - 18:37 | Link to Comment JR
JR's picture

One wonders why after all of this research and exposure to the Jewish influence in America, you greatly underrate their power of influence in the media, film, literature, publishing houses, politics, and a number of other areas, such as the hostile merger and acquisition takeover of American corporations.

The particulars are that the Jews are not over represented in the financial industry – they saturate the financial industry. Yours is a false statement made with the appearance of truth. Over represented means it might be 5 percent or 10 percent greater…

Another point, when they saturate industries such as Hollywood, then their world view and their social views dominate the industry. As a result, the films that are made and the people who are either promoted or hired or blacklisted, all reflect those social mores or that world view. IOW, they tend to produce films that are critical of Christians and films that promote the idealism and the goals of the Jews.

How else can you explain a movie named “Golda,” which is a story of Golda Meir? How else to explain the film “Exodus” that celebrates the establishment of Israel, without showing the fate of the Arabs?  Or how else to explain the raising of money for extreme leftist causes, using star power and movie mogul influence?

And, how else to explain the 56 applauses and standing ovations by the U.S. Congress for Benjamin Netanyahu? It reminds one of Stalin’s Supreme Soviet, when showing less than sufficient respect could have meant death.

And by the way, with Arab Spring and the Middle East in extreme turmoil, why is it that the head of state of a foreign country involved in this turmoil was allowed to address a joint session of Congress—an unusual occurrence to say the least?  

Uri Avnery, former member of Israel’s Knesset, put it like this: “What the American Senators and Congressmen feared was a fate worse than death. Anyone remaining seated or not applauding wildly enough could have been caught on camera – and that amounts to political suicide. It was enough for one single congressman to rise and applaud, and all the others had to follow suit. Who would dare not to?”

Is the plight of the American people to be that of the Russian people’s? Solzhenitsyn reprinted this account of a Soviet district Party conference in response to a tribute to Stalin, very similar to the U.S. Congress’s response to Netanyahu.

“For three minutes, four minutes, five minutes, the ‘stormy applause, rising to an ovation,’ continued.  But palms were getting sore and raised arms were already aching. And the older people were panting from exhaustion… however, who would dare to be the first to stop? ... the  applause went on— Nine minutes! Ten! … with make-believe enthusiasm on their faces, looking at each other with faint hope …leaders were just going to go on and on applauding till they fell where they stood.  Then, after eleven minutes, the director of the paper factor assumed a business like expression and sat down in his seat… to a man, everyone else stopped dead and sat down.  That same night the factory director was arrested.”

This illustrates where Russia's power was located; does a similar occurrence in the U.S. Congress point to where the power is located?

Sun, 10/30/2011 - 19:35 | Link to Comment d_senti
d_senti's picture

Thanks for responding. I think your first point is one of semantics, or possibly degree, but the point stands either way. The number of Jews in these Professions vastly outweighs their relative population size.

On the second point - the promotion of their worldview and silencing of opposition - I largely agree with the sentiment, but am a bit muddled in the particulars. There is a distinct anti-Christian and leftist bent to nearly everything from Hollywood, and political correctness gone mad. I think my dispute, however, is likely rooted in the notion that these are Jewish ideas and values. Many Jews hold to them, and some/many were involved in their synthesis, but does that make Jews the problem? The ideas are the problem, and again, in raw numbers, there are many more non-Jews than Jews promoting these destructive ideologies.

It reminds me, in a way, if the notion of the Protestant work ethic. That strong work ethic existed in many Protestant countries, even to a much greater proportion than elsewhere, but it wasn't exclusive to them nor derivative of their fundamental beliefs. They didn't create the idea of a strong work ethic, obviously. So if it were seen as a good thing or a bad thing, it's not a Protestant problem or virtue, strictly speaking.

You have these poisonous ideas strongly represented among a group of people, the Jews, but I fail to see the connection between the poison of the ideas and the fundamental elements of the Jewish people. One does not directly derive from the other as far as I can tell.

I may be wrong; there may be a connection that I'm not aware of, something that lays plainly the connection. That's what I'm looking for, because a mere correlation, even a strong one, doesn't equate to causation. If you have any links, I'd be glad to read (as long as they're measured and rational, not some KKK git em business or elaborate conspiracies with little evidence, though I don't reject conspiracy out of hand).

Sun, 10/30/2011 - 21:29 | Link to Comment JR
JR's picture

First off, are you Jewish?

If so, you would know that originally Israel was a communal nation under God. Now, in general, the Jews are secular. When they made Man their god, it became communism gone awry, i.e., Marxism with a central control.

Herve Ryssen in his book, Les Esperances planetariennes (Planetarian Hopes) connects globalism with the Jews and their foundational beliefs.

The Jews, says Ryssen, even atheistic Jews, still have a Messianic expectation. “This is the fundamental point. As for the term 'planetarian,' it is a neologism which simply means the desire for a world without borders.”

Says Ryssen: “Their ‘combat for peace’ is ceaseless.

“Hebraic prophecies thus promse the progression of humanity towards a united world, and parallel to that, the suppression of social inequalities.  Here one can see the primitive sources of Marxism as well as the inspiration of our planetarian ideology at the beginning of third millennium, which, propagated by the media, is the dream of so many of our fellow citizens. Here is the heart of the Jewish vision of the world.  One must start here if one wants to understand the mental universe of the Jews.

"One can thus argue that the concept of ‘promised land’ means nothing less than a hope of planetary dimension, where all the nations will have disappeared. It is just what the philosopher Edgar Morin tells us, when he writes: ‘We do not have the Promised land, but we have an aspiration, a wish, a myth, a dream, to realize a global fatherland’ (Edgar Morin, Un nouveau commencement [Paris: Seuil, 1991] p. 9).’

“Sometimes," says Ryssen, “these texts lend the impression that in the minds of certain intellectuals, the idea is taken in the literal sense: that it would be good if the whole Earth were promised to them! Which sometimes leads to behaviors that are a bit invasive…”

Thus, it was the Jews’ claim that America’s immigration laws were racist that led to the 1965 Immigration Act that favored primarily Third World entry into the U.S ., and which supports open-border entry into the United States and Europe.

Steven E. Romer rebuts Ryssen with the perspective that Europeans “have different interpretations of almost every word uttered by Jews which define them and their aims.  We can use the same words, but mean different things because our motives are different.  Selfless truth and objectivity are nowhere a part of Jewish motives in the historical record anywhere.  They are bent on taking over the world, and we should use that sort of terminology to describe their aims which are political and financial aims clocked in religious-sounding words that we might use, but mean something entirely different by.  Their use of religious concepts and words was gleaned from living among those who actually do have selfless religious ideas based on truth about the world.”

Asked what kind of relationship could there be between a political system and Messianic faith, Herve Ryssen replied: "Democracy was not always the sole vehicle of planetarian hopes.  For a long time, the Marxist ideal also played this role.  It is well-known that Marx himself, and the great majority of the main Marxist ideologues and leaders, were Jewish: Lenin had Jewish origins, Leon Trotsky, Rosa Luxemburg, Georg Lukacs, Ernest Mandel, etc., just as were almost all of the leaders of May ‘68.   It is not an accident, and every Communist militant knows it. Marxism aspires to the establishment of a perfect world, where religions, like nations, will have disappeared along with social conflicts.  This schema, we note, fits perfectly within the messianic framework.  The thought of Marx is ultimately only the secularization of traditional Jewish eschatology….

“Marxism and democracy are two absolutely complementary and mutually indispensable forces in the project of constructing a global Empire.”

Sun, 10/30/2011 - 22:10 | Link to Comment d_senti
d_senti's picture

That's very interesting, and exactly the kind of thing I was looking to find. So the basic idea that you're suggesting is that the Jewish people are really the first utopianists? Other religious groups hope for heaven of a sort, some supernatural intervention that leads to paradise, but the terrestrial messianic expectations of the Jews lead them to pursue an earthly paradise of a sort, which is largely found in Marxism today? That make a fair bit of sense, actually.

I've seen that many of the flaws of modern society are some form of religious belief secularized and run amok. Chesterton made the same point quite well. You see it in post-Christian elements of the West where there is an expectation of either unending progress (linear time toward a final heaven) or an expectation of secular apocalypse (in global warming, peak oil, debt collapse, etc. - not saying these are true/false here mind you, just that they relate to our cultural mentality in a fundamental way).

Meanwhile, the cultural mentality if the Jews, when secularized especially, is one which pursues an earthly paradise, of which they inevitably see themselves at the center. This is good stuff. Any suggested reading? Free is better, as I'm not very well to do, but I could afford one or two books.

Oh, and I'm Catholic and of Euro-mutt blood (Norwegian, Italian, German). Thanks again for responding in a thoughtful manner.

Sun, 10/30/2011 - 23:06 | Link to Comment JR
JR's picture

Well, I don’t know about “utopia” on earth, not my idea of utopia, anyway. Utopia is outlined pretty well in Orwell’s book,”1984.” Following the Jewish goal, it is the sacrifice of individual aspirations to make a unified world where the State is everything.

Ryssen tells us that “The objective of the globalists is to destroy rooted, traditional cultures to create a uniform world.”

Thus we have Kwanzaa established in 1966 honoring universal African-American heritage featuring lighted candles and gift giving, and similarly with Hanukkah, a relatively minor and relatively new Jewish holiday, both piggybacking on Christmas to dilute the true meaning of this holy day – a major root of America’s Christian culture.

This aspiration of unity is expressed by the Hasidic philosopher Martin Buber, who gives an exact definition of totalitarianism: ‘Everywhere,’, he writes, ‘one will fine [in Judaism] the aspiration towards unity. Towards unity within the individual. Toward unity between the divided members of the people, and between the nations. Towards the unity of man and all living things, towards the unity of God and of the world (Judaisme, 1982, p. 35).”

To arrive to this perfect world, says Ryssen, “it is thus necessary to mix, crush, dissolve all national resistances and ethnic or religious identities. ‘Unity’ can be created only from human powder and the residues of great civilizations, and in this enterprise of destroying traditional civilizations, immigration plays a crucial role. The doctrine of ‘human rights’ are here a weapon of war of a terrible effectiveness.”

As to further reading, the works of Nobel laureate Russian historian, Alexander Solzhenitsyn, describes the originators and bosses that formed the terrorist cornerstone of the Soviet communist state, as in Lenin’s day.

I also recommend W. Cleon Skousen’s The Naked Capitalist: A review and commentary on Dr. Carroll Quigley’s book, “Tragedy and Hope.”

Mon, 10/31/2011 - 00:55 | Link to Comment hivekiller
hivekiller's picture

I think you're putting too rosy a spin on the Jewish idea of unity. Their idea of unity is that of draft animals under their whip. They routinely refer to non-Jews as cattle, donkeys, roaches, etc. You cannot argue or reason with these people because their beliefs block out all reason or any notion that other people have the same rights. That would not even occur to a Jew. Jews have been expelled from just about every country on earth and yet they consider themselves victims. I've come to the conclusion that we cannot live with these people. They either have to be confined to an isolation ward or eliminated.

Sun, 10/30/2011 - 22:34 | Link to Comment MSimon
MSimon's picture

I think your first point is one of semantics, or possibly degree, but the point stands either way. The number of Jews in these Professions vastly outweighs their relative population size.

 

Yeah. Proof the game is rigged. More proof: The Jews get roughly 1,000 times as many Nobel Prizes as their numbers warrant.

Sun, 10/30/2011 - 09:31 | Link to Comment Davalicious
Davalicious's picture

The holocaust is a hoax. Hitler et al wildly underestimated the Jews. Not only did they manage to bring the Americans and British into the war they finally paid the Germans back for their (justified) expulsion from Germany. Millions of German soldiers died in camps after the war, socialist (democrats) took over Germany, German children are forced to watch holocaust propoganda put out by Stephen Spieljew.

Hitler was too soft.

Sun, 10/30/2011 - 10:14 | Link to Comment LeonardoFibonacci
LeonardoFibonacci's picture

Alot of people make the distinguishment between Jew and Zionist, yet Hitler saw no difference between these two "terms" to refer to a same kind of people.  The Zionists did help Hitler come to power by rigging the elections with their money, power, influence etc....  In exchange the Zionists wanted Hitler & his war machine to deliver them Israel ( a homeland). 

Hitler pulled a Bernie Madoff on the Zionists by making promises that were purely empty to obtain control of the German government.  Hitler then created the 5 year plan to eradicate the Jew from Europe by taking anyone with jewish blood ( Jew, Zionist, Heeb) to the train station for a one way trip without return.  And the rest was history. 

http://www.youtube.com/watch?v=ZFYyLUtIVX8&feature=related

 

On another note why don't we ever hear about the Armenian Genocide where 3 times more people have been killed.  One thing is the Armenians don't use the victim card and are a proud people.

 

Sun, 10/30/2011 - 10:23 | Link to Comment buckethead
buckethead's picture

Someone got a weekend furlough...

Sun, 10/30/2011 - 13:00 | Link to Comment Abitdodgie
Abitdodgie's picture

How about the 5 million Polish that were killed you don't hear them bitching about Genocide , but there again people like the Polish

Sun, 10/30/2011 - 13:50 | Link to Comment hivekiller
hivekiller's picture

Jewish Bolsheviks murdered between twenty and sixty million Russians. http://www.ynetnews.com/articles/0,7340,L-3342999,00.html

Lenin announced they wanted to kill 10 million. He was a part Jew. The article above admits that Jews murdered 20 million. Solzhenitsyn claims the death total was 60 million. 

The Armenian genocide was carried out by the young turks, most of whom were Jews. What has happened to the Palestinians is a mirror image of what happened to the Armenians. Genocide. Dislocation. The stealing of their businesses and wealth by Jews.

 

 

Sun, 10/30/2011 - 14:18 | Link to Comment Ghordius
Ghordius's picture

Leo: YAWN
Your precious Grösster Führer Aller Zeiten is BORING

Write something about Speer, Göring, Eichmann, Hess, GOEBBELS, the StandartenFührer, whatever you want about that time...

But spare me the dribble about AdiSchatzi, he was not what you think and dream of. Bloody Korporal Psycho should have stayed a painter...

Sun, 10/30/2011 - 15:59 | Link to Comment JR
JR's picture

Here in a speech by Goebbels is an example of how the National Socialists used an appeal by revealing the truths of communism as Russian Communism was poised on the German border with a battering ram.

From a speech delivered in Nurnberg on September 13, 1935, at the Seventh National-Socialist Party Congress, entitled Communism With the Mask Off  :

“International communism would entirely do away with all national and racial qualities which are founded in human nature itself; in property it sees the most primary cause of the break-down of world trade in the capitalist system. 

“Accordingly it exploits this through an extensive and carefully organized and brutal system of action, setting aside personal values and sacrificing the individual to a hollow mass-idol that is only a travesty of actual life itself.

“At the same time it ignores and destroys all the idealistic and higher strivings of men and nations, through its own crass and empty materialistic principles. On the other hand, National Socialism sees in all these things—in property, in personal values and in nation and race and the principles of idealism—these forces which carry on every human civilization and fundamentally determine its worth.

“Bolshevism is explicitly determined on bringing about a revolution among all the nations…the Bolsheviks carry on a campaign, directed by the Jews, with the international underworld, against culture as such. Bolshevism is not merely anti-bourgeois; it is against human civilization itself…

“And where it has had the opportunity of practicing its theories it has created ‘The Paradise of the Workers and Peasants’, in the shape of a fearful desert of starving and hungering people…

“Millions of workers on hunger-wages such as are not thought of in western Europe, millions of afflicted and sorrowing peasants who have been robbed of their land, which is being completely ruined by the stupid experiment of a paralyzing collectivism, famine which claims millions of victims year after year in a country of such vast extent that it might serve as a granary for the whole of Europe,* the formation and equipping of an army which, according to the claims of all leading Bolshevists, is to be used for carrying out the world revolution, the brutal and merciless domination of the madly-led apparatus of State and Party at the hands of a small terrorist minority which is mostly Jewish…rings with the story of nameless suffering and indescribable hardships borne by a nation of a hundred-and-sixty million people…

“This propaganda starts out from the principle that the end sanctifies the means, that lies and slander, the terrorizing of the individual and of the mass, robbery and burnings and strikes and insurrection, espionage and sabotage of armies can and ought to be made use of, and therewith the aim of revolutionizing the whole world…”

*In pre-War days Russia was often spoken of as “the granary of Europe.”

Sun, 10/30/2011 - 23:49 | Link to Comment JB
JB's picture

Leo, you would be well served to read Webster Tarpley's George Bush: The Unauthorized Biography.

In doing so, you would realize that Hitler was financed by London and New York.

Sun, 10/30/2011 - 03:22 | Link to Comment TK7936
TK7936's picture

Atleast they didnt make there textiles in China.

Sun, 10/30/2011 - 07:32 | Link to Comment Zero Govt
Zero Govt's picture

if you'd take a lookey at the Labour laws, business laws, utility costs, property costs, transport costs, sack loads of other legislation in Europe (and America) you'd soon be making your textiles in China too

Socialism: how to shoot yourself in the bollocks while claiming the moral high ground!

If it looks like a clown, talks like a clown and walks like a clown, it must be a socialist

 

Sun, 10/30/2011 - 09:33 | Link to Comment Davalicious
Davalicious's picture

>Socialism: how to shoot yourself in the bollocks while claiming the moral high ground!

Not yourself. Remember that the NKVD stayed at the rear, aiming machine guns on the plebs.

Sun, 10/30/2011 - 09:34 | Link to Comment Davalicious
Davalicious's picture

>Socialism: how to shoot yourself in the bollocks while claiming the moral high ground!

Not yourself. Remember that the NKVD stayed at the rear, aiming machine guns on the plebs.

Sun, 10/30/2011 - 01:14 | Link to Comment knukles
knukles's picture

Or threatening to treat other countries differently than the others that have been treated differently want to be treated, differently.  And when that happens, then the leveraged SPV or CDO2 Infinity* will be found lacking because the people who needed to borrow by selling their debt to the SPV are the same ones who bought the noted from the SPV backed by the debt that they already sold to the same SPV meaning that now there's an SPV sitting in the middle between the buyers and sellers who ("Surprise surprise" as Gomer Pyle used to say) are the exact same people who are on both sides of the transaction facilitated by Wall Street buying and selling the same bonds to the same people wrapped in a different cover.

Pull my finger,
Polish my turd,
Carry on the Ponzi,
Like nobody's heard.

Sun, 10/30/2011 - 01:16 | Link to Comment caerus
caerus's picture

it would be interesting to see how a voluntary withdrawal from the EU would work given the wording of the treaty of lisbon...it seems like the drafters provided for the possibility of a "negotiated" withdrawal but left out any explicit possibility of a unilateral withdrawal...either way it looks like it would be messy

Sun, 10/30/2011 - 02:09 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

 

 

Treaties are no match for military.

When Germany decides to leave the EU they won't care about any treaties.

Sun, 10/30/2011 - 02:18 | Link to Comment caerus
caerus's picture

that's what i meant by "messy"

Sun, 10/30/2011 - 11:05 | Link to Comment edotabin
edotabin's picture

Nobody's going anywhere......

All this EU and Euro breakup talk is horseshit and everyone knows it. Sure the people are against what's going on. Sure they are right.  It wasn't the people that got everyone into this mess though. So, what makes anyone think the people can reverse this trend of full unification?

We've heard it all:

1. German constitution

2. German judges

3. German GDP to be ruined by EU intergration

4. Greeks lazy and will be kicked out

5. French banks suck and France will be rated ZZZ by the end of the year

6. Credit event, no credit event.....

7. Some Czech idiot is gonna derail the process

Again, I say horsheshit. A total waste of bits and bytes in cyberspace. Our masters want it this way and no amount of bellyaching on a website is gonna change it.

 

Sun, 10/30/2011 - 03:00 | Link to Comment DavidPierre
DavidPierre's picture

OT  but...

The Pig who shot Olsen in Oakland OWS demonstration...

http://i.imgur.com/mrlqY.jpg

Sat, 10/29/2011 - 23:59 | Link to Comment holdbuysell
holdbuysell's picture

Financial alchemy with no real input.

These chumps are really trying hard to pull the wool.

But COME ON, everyone knows you're broke. Give it up.

Game over.

http://www.youtube.com/watch?v=dsx2vdn7gpY

 

Sun, 10/30/2011 - 00:42 | Link to Comment Unprepared
Unprepared's picture

TTMGWTF

Sun, 10/30/2011 - 00:05 | Link to Comment Freebird
Freebird's picture

Will the Portugese be having any soup soon?

Sun, 10/30/2011 - 03:49 | Link to Comment Michael
Michael's picture

No Soup For You!

The Best of The Soup Nazi

http://www.youtube.com/watch?v=M2lfZg-apSA

 

Sun, 10/30/2011 - 12:33 | Link to Comment FEDbuster
FEDbuster's picture

"Empty Box Filled With Promises Of Money"

http://www.youtube.com/watch?v=7GSXbgfKFWg

Sun, 10/30/2011 - 00:14 | Link to Comment tim73
tim73's picture

This is definitely something new...a Yank or Briton bashing EU decisions. The two most fubar nations in the West. Even the real Albania is soon better place to live than these two clusterfucks.

Sun, 10/30/2011 - 00:21 | Link to Comment Global Hunter
Global Hunter's picture

even the pretend make believe Albania and even hers people the fake albanians know to sing the praises of the clusterfucked and fubared EU.

Sun, 10/30/2011 - 00:45 | Link to Comment gwar5
gwar5's picture

And to think the EU countries couldn't even make socialism work with 60 years of US military welfare subsidy. They only spend 2.5% GDP on protecting themselves. Still do. Looks like the commies won anyway.  Try #OM - Occupying Moscow, see how far Putin lets you get.

 

 

Sun, 10/30/2011 - 01:47 | Link to Comment tim73
tim73's picture

WTF are you talking about. European men (both sides) had to go to army, one year mandatory service for most during Cold War unlike you (ok, Vietnam was sort of conscription but only for some). Most Americans were getting rich and fat while west Europeans were at the frontal line against USSR. 

Yes, USA provided a lot of funding, paid soldiers and weaponry but that does not make all Americans great soldiers. Such great guys you Americans are/were, hiding behind de facto mercenary army like little weasels and sneering at guys who did the dirty work for you. For no pay or some fucking daily allowance money, depending on the country. Are you willing to do that for something like ten dollars or less per day?

Sun, 10/30/2011 - 07:31 | Link to Comment Zero Govt
Zero Govt's picture

the Commies have never "won" anything in their entire miserable existence except gaining political office (a brief glory followed by years of crumbling everything into the toilet)

Russia is still miles behind the standard of living of any European country and will stay that way while the Russian Govt and favoured Ogliachs controls (strangles and siphons) its weak oil-based economy.

Russia has gone from Communism to fascism without blinking... politics just never manages to get it right

Sun, 10/30/2011 - 09:16 | Link to Comment Global Hunter
Global Hunter's picture

Tim, 2 posts and I have no idea what point you're trying to make.  It seems you are suggesting American policy sucks (in agreement), all Americans suck (disagree), the Europe is the best (laughable) and that in a fight Euro's who have spent 3 generations buzzing around on mopeds, hanging out in cafes and town squares and living with their parents until they're in their early 30s are somehow a better trained fighting force that the American Army.  

I'd prefer to be on a moped whistling at girls myself than in the US Army, however that doesn't take away from the fact that some of your perceptions are frankly insane.

Sun, 10/30/2011 - 09:32 | Link to Comment tim73
tim73's picture

Obviously you have not lived in any European countries and you believe every stupid stereotype about Europeans.

Sun, 10/30/2011 - 09:27 | Link to Comment paratrooper325
paratrooper325's picture

Let us be very honest here. Who polices the world? America. Why? Because we have the most disciplined military on the planet(and greedy politicians who only worry about their oil and resource interests). I was in the 82nd Airborne for 4 years. I have worked with Special Forces, D-Boys, Rangers, Belgian Commandos, Argentinian Infantry, and German Infantry Units. Out of all of the other "Allied" entities I have encountered the USA forces are 5 cuts above any European Force hands down.

An example is when we were out at JRTC training. You could hear the Germans drinking and singing songs in the woods by a huge fire over a click away. Not us, we were in the woods in hasty fighting positions waiting. In Iraq who did all the patrols and searches and missions (besides the fucking contractors which I have a strong abhorance to)? The Americans. Not the Brits, or anyone else.

So get your shit straignt before you open your cock holster again. The US military is volunteer only for a reason. You think I want some scrub with me in a firefight? Hell no I want the guy that has been there for 3 years right beside me training and fighting.

Sun, 10/30/2011 - 09:36 | Link to Comment GCT
GCT's picture

Bingo Para been there and done that as well.  Don't forget their mandatory Beer breaks!  They are after all unionized!!!

Sun, 10/30/2011 - 09:48 | Link to Comment tim73
tim73's picture

Would you like to have beside you untrained American civilians instead, with their one weekend long training? Majority of American men never had to go to Army unlike European men until 1990's but still you guys think we are such sissies here in Europe.

Sun, 10/30/2011 - 10:04 | Link to Comment Eally Ucked
Eally Ucked's picture

I don't want to get into discussion who has better army, it's pointless unless they meet face to face at battle ground. Throughout history though invaders always were losing, earlier or later. Reason is simple, usually invaders are going after weak and and less developed, but after time those primitives, after few losing battles, are developing specific strategies minimizing advantages of invaders. Time and costs are killing victorious armies very efficiently, not to mention soldiers of the armies of more developed countries are more inclined to value their life much higher than their opponents. You can find many examples of it from ancient history to the wars of the last 100 years. And your army is no different. One last note if you take into consideration what USA spends on military in comparison to other countries it would be really shame if they were not the best and not only by 5, which I doubt they are.

Sun, 10/30/2011 - 00:20 | Link to Comment whoisjohngalt11
whoisjohngalt11's picture

If more poples would actually get to sit down and listen to Ron Paul this race wouldn't be even close unless you like to watch smoke being blown....http://heavenbounf.blogspot.com/2011/10/ron-paul-sounds-like-only-sane-voice.html

Sun, 10/30/2011 - 13:06 | Link to Comment IrritableBowels
IrritableBowels's picture

Removed by user?

Sun, 10/30/2011 - 00:28 | Link to Comment Vuvuzela
Vuvuzela's picture

There's A Gulag In Your Future

Sun, 10/30/2011 - 10:23 | Link to Comment tamboo
tamboo's picture

There's A Gulag In Your Future - Forbidden Truth

hitler, obongo, and other 'leaders' are simply joo rothschild proxy puppets.

joo media plays them off each other to create wars for slaughter, resource destruction, and profit.

1849: Gutle Schnaper, Mayer Amschel Rothschild’s wife dies. Before her death she would nonchalantly state,

"If my sons did not want wars, there would be none."

Timeline of the Rothschild family

oh and btw ron paul is a controlled opposition joo puppet too, real opposition like jfk catches a bullet.

Sun, 10/30/2011 - 00:34 | Link to Comment bill1102inf
bill1102inf's picture

COME ON ALREADY, HIT RESET!!!!!!

 

We can all enjoy an ever expanding money supply AGAIN. IT CAN be better than the 50's - 60's - 70s - 80s 90s and 2000's if we just do it now.

 

Dont believe the hype that if we default we wont be able to issue money. Thats bullshit. While I would LOVE to have an actual asset backed currency, we dont fucking NEED it.  Debt based fake fiat has worked so damn well, we just need to do a 'DO OVER'

 

OF COURSE China will accept our new dollars, as well as Saudi Arabia - those motherfuckers NEED American dollars !!!!! You want FOOD?? You use the new 'Red Dollar' not the old 'green one'. You want to make our medicines and cheap plastic shit??? NEW DOLLARS.  

 

Without America, the world doesn't work.  F China and their freaking 'ghost cities' of bullshit and their mountains filled with storage facilities for copper.

Sun, 10/30/2011 - 01:07 | Link to Comment X.inf.capt
X.inf.capt's picture

Uh,

bill

they wont reset until they have the 401k money, then theyll do it.

as they fly away to a safe spot, theyll watch the world die..

is this what we serve for, bill.. all those pushups at Benning...all the friends who are gone, one way or another, to watch kids in uniform get shot at point blank range during protests...

yeah, i jumped off the fence, im actively supporting OWS, with food and stuff...

now its going to get real....

Sun, 10/30/2011 - 01:17 | Link to Comment Fibz
Fibz's picture

I always laugh when someone talks about bankers and politicians destroying civilization, then "flying away to their safe spot". Come on... do you really believe they could escape the hordes in that kind of situation?

Sun, 10/30/2011 - 02:19 | Link to Comment X.inf.capt
X.inf.capt's picture

yep,

and they have all the money they need for protection, buy friends, hungarian prositutes,etc, etc..

i know a guy who set up a retreat for a group of rich guys.only way in was by aircraft..100 miles in, one way, flying over bad terrain....yeah, no joke...theyll come out eventually, to help us get back on our feet, and start it over again, the ponzi....we just have to put our noses to the grind stone, roll up our sleeves.....like they were saying on CNBS 2 years ago....after they robbed us blind....

Sun, 10/30/2011 - 02:27 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

 

 

they wont reset until they have the 401k money, then theyll do it.

Yes, 401k's and pension fundspot of gold at the end of the rainbow, only wealth left in America for them to loot. 

Reset?  No, no reset.  Once they have pension savings, that's it, nothing left, let it all collapse and get out of Dodge.

Sun, 10/30/2011 - 04:00 | Link to Comment Michael
Michael's picture

We need more encouragement to print to the moon and take on so much debt that the final bang of the collapse will be similar to a super nova going off.

I admire your encouragement, entertainment value is at stake.

I'm long popcorn.

Sun, 10/30/2011 - 00:38 | Link to Comment RobotTrader
RobotTrader's picture

I pity the bears who write these "gloom" articles

We just had the sharpest rally since 1974

And once again, they missed out on another chance to make a lot of money very quickly.  Stocks like CAT going from $76 to $96 in 3 weeks.

Bears made money too this year, but those that didn't take their bacon at the lows basically gave most of it back.

Most guys who stayed fully invested since the 2009 lows are still way up.

Especially those who have a lot of those "specialty retailer" stocks.

I wonder if Gerald Celente has ever worn a pair of UGG's?

DECK is now at record highs during the worst recession in decades.

Celente is too angry, poor guy never enjoys life.

Hear his latest rant here:

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/10/27_Gera...

 

Sun, 10/30/2011 - 00:52 | Link to Comment X.inf.capt
X.inf.capt's picture

uh,

robo...

what happened to NETFLIX?

when you give advice, the ZH crew does the opposite, and they do pretty well...

p.s. did they repay your pension yet, robo?

Sun, 10/30/2011 - 00:57 | Link to Comment X.inf.capt
X.inf.capt's picture

dup.

 

Sun, 10/30/2011 - 01:09 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

If enjoying life means wearing UGGs you can say I am blesed to be sad.

And Robo, who cares about the market, it is rigged.  I am happy to have my stash of PM and watch the wheels.

Sun, 10/30/2011 - 11:12 | Link to Comment ArkansasAngie
ArkansasAngie's picture

Let's be clear ... I like my Uggs.  Especially my new pretty sparkly red ones.  This time of year, and for the next 6 months, I'll probaby wear my Uggs every day. 

BTW: I do have multiple pairs.

Sun, 10/30/2011 - 01:33 | Link to Comment Uber Vandal
Uber Vandal's picture

Sharpest rally since 1974, true.

But, we are about where we were on November 14, 2006 @ 12,218.01. Amost five years ago.

Fortunately, inflation is in check, otherwise we would really be in the hole <sarc>.

The Zimbabwe stock market had the largest increase in the history of the world, and it still did not mean anything.

http://mises.org/daily/2532

http://www.chinapost.com.tw/business/africa/2008/01/02/137413/Zimbabwe-s...

Sun, 10/30/2011 - 02:07 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

your post made me wonder:  how drastically has the Dow 30 changed over those 5 years?  i mean, these indices are always being "adjusted", often for failure

Historical components of the Dow Jones Industrial Average - Wikipedia, the free encyclopedia

this was fun to look into, as well as this:  Dow Jones Industrial Average - Wikipedia, the free encyclopedia

so, here's the answer: 

Stocks Added to DJIA Since 11/14/06

  1. BAC 2008-02-19
  2. Chevron  2008-02-19  [replaced Altria & Honeywell]
  3. Kraft  2008-09-22   [replaced AIG]
  4. Cisco  2009-06-08 
  5. Travellers  2009-06-08  [replaced Citigroup & GM]

so we're back to 5 years ago, and we only had to replace 17% of the the 'Dow' to get there!

murderer's row, BiCheZ!

welcome to zeroHedge, U_V!

i'm going to go apply some sunscreen, now...

   
Sun, 10/30/2011 - 02:54 | Link to Comment Uber Vandal
Uber Vandal's picture

Thanks Slewie. I have been lurking here for about 2 years, about time I join in.

If you really go back in DJIA history to its beginning in 1896, only GE has remained of the original 12 Dow companies.

But, for historical returns, only the results from 1926 seem to ever be mentioned.

This article is about a decade old, but still worth a look:

http://hiqnews.megafoundation.org/2002-4-28_Investing.htm

 

Sun, 10/30/2011 - 02:26 | Link to Comment X.inf.capt
X.inf.capt's picture

dont feel bad, uber,

these guys our sharp!

ive been cut up more than once here, even by slewie, and hes a good guy, too....

welcome to the fight club, or as i call it, 'gladiator school'....

Sun, 10/30/2011 - 03:00 | Link to Comment Uber Vandal
Uber Vandal's picture

I have turned in my training sword from SA to enter this arena.

Thanks.

Sun, 10/30/2011 - 02:15 | Link to Comment caerus
caerus's picture

the s&p 500 chart from 1974 to 1975 is rather ugly

edit: s&p 500 1960-2011

best i could do given my present state of inebriation

Sun, 10/30/2011 - 02:33 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

 

 

Anyone have a 30 year DJIA chart adjusted for inflation?  Or compared to gold?

Sun, 10/30/2011 - 06:39 | Link to Comment css1971
css1971's picture

Not inflation adjusted, and they don't have gold, so using GLD instead.

 

If you have a web page editor you can build a handy dashboard of charts using yahoo.

Sun, 10/30/2011 - 08:47 | Link to Comment JustObserving
JustObserving's picture

Celente has had all his investments in gold for more than 10 years now.  He is not poor - so save your sympathy for buyers of NFLX.

Sun, 10/30/2011 - 14:28 | Link to Comment Zender67
Zender67's picture

Melt up to continue RobotTrader? 

Sure looks like "failure is not an option" here in the US and in Europe - and whatever it takes to prop up countries and markets will continue.

Sun, 10/30/2011 - 00:49 | Link to Comment MSimon
MSimon's picture

Let me repeat:

 

I keep wondering why I don't see anything on ZH about 10% of the world economy. The illegal drug trade.

 

Plenty of people seem afraid of the Catholic Church, the Jews (Banksters), etc. No one is talking about the Drug Cartels.

 

"The Latin American drug cartels have stretched their tentacles much deeper into our lives than most people believe. It's possible they are calling the shots at all levels of government." - William Colby, former CIA Director, 1995

Sun, 10/30/2011 - 01:00 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

I keep wondering why I don't see anything on ZH about 10% of the world economy. The illegal drug trade.

here's why:

  1. we are firing up our bongs
  2. we are enjoying our soup
  3. NO SOUP FOR YOU!
Sun, 10/30/2011 - 01:56 | Link to Comment Hulk
Hulk's picture

OK, that was good...

Sun, 10/30/2011 - 01:57 | Link to Comment caerus
caerus's picture

soup for me!

Sun, 10/30/2011 - 03:23 | Link to Comment jomama
jomama's picture

vaporizer*

Sun, 10/30/2011 - 01:50 | Link to Comment Fibz
Fibz's picture

The cartels are funded by the Jews (duh).

Sun, 10/30/2011 - 05:53 | Link to Comment donsluck
donsluck's picture

Incorrect, they are self funded. Only businesses in need of financing use financing. For instance, my business is self financed since I am always in the black.

Sun, 10/30/2011 - 06:15 | Link to Comment Ghordius
Ghordius's picture

Self funded business does not count dot "Financials", is often overlooked by "Economists" and will survive anyway...

"War against Drugs" is a big biz paid by taxpayers - keeps lots of people employed producing reassuring noises. Ego-Feed.

Sun, 10/30/2011 - 07:06 | Link to Comment reload
reload's picture

Over the last 40yrs -  against Fiat, pure Heroin has been a better inflation hedge than Gold.

Who is getting the cash from the Helmand harvests these days? there is certainly no attempt to halt production.

Narcotics trade has always been the best source of funding for government agency dark ops.

Sun, 10/30/2011 - 22:38 | Link to Comment MSimon
MSimon's picture

Spot On!

Sun, 10/30/2011 - 08:33 | Link to Comment peekcrackers
peekcrackers's picture

Not Jews.... Zionist 

Zionist just  use the jewish mask

Sun, 10/30/2011 - 09:43 | Link to Comment LeonardoFibonacci
LeonardoFibonacci's picture

Do you think the difference was important or even noticed to the SS prior to a train embarkation headed for Auschwitz

Sun, 10/30/2011 - 08:30 | Link to Comment CPL
CPL's picture

Then you should go see the world market place for it.  The Silk Road.

 

Bring BitCoins.  (hint: Buy BitCoins on the weekend, you'll get a discount on the currency.)

Sun, 10/30/2011 - 00:56 | Link to Comment Manthong
Manthong's picture

Nobody can argue against the fact that the economic crisis can never be resolved without robust economic growth.

Austerity is only an attempt at interim stabilization.

The lesson of history that is completely lost on politicians and most of the sheeple is that "robust economic growth" and socialism are mutually exclusive. 

Those that do not learn from the mistakes of the past...

Sun, 10/30/2011 - 01:03 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

I do not think ZH folks have quite absorbed the critical lesson of the week.

By decree, these governments declared written contracts to be null and void.  Oh, these CDS folks will venue shop and try to find a court that will rule as they wish, but every country in the world will instruct its judiciary to throw those cases out. 

Swaps are destroyed.  Okay, yes, that will drive yields up, and the ECB will simply do QE and buy bonds until the yields are not up.  They may even encourage shorting those bonds, just so they can destroy the shorters.  They have the ability to do infinte QE.  The shorters have the ability to lose money.  Period.

As for hopes that German voters will throw Merkel out . . . her opposition parties are even MORE disposed towards doing anything at all to save the EU.  She is making reluctant noises and then caving at every juncture.  Her oppostion won't bother to make reluctant noises and will push even harder for more central European government power, so forget the idea of the German people rising up.  Merkel is the end point on reluctance.  It just gets less reluctant past her on the political spectrum.

Governments will do ANYTHING to keep the wheels turning.  There will be no reset.  They have no reason to allow a reset.  Why would they do such a thing?  They have the power to prevent it.  It is called zero concern about legality and financial rules.  They will create money realities by decree and nothing can stop them.

Except oil.

Sun, 10/30/2011 - 04:05 | Link to Comment Ghordius
Ghordius's picture

When betting against Sovereigns, you are also betting on them not changing the rules to suit them.

Sun, 10/30/2011 - 10:23 | Link to Comment Amish Hacker
Amish Hacker's picture

In a related development, the Texas Rangers have announced that the World Series this year will be the best 5 out of 9.

Sun, 10/30/2011 - 07:27 | Link to Comment i-dog
i-dog's picture

"and nothing can stop them.

Except oil."

... and infighting among themselves as the limited lifeboats get filled.

Sun, 10/30/2011 - 07:36 | Link to Comment Zero Govt
Zero Govt's picture

but these are EU/EC/ECB built lifeboats... they're made of sugar, bullshit and over-leveraged promises... they're only good to paddle away from the sinking ships for about 60 yards then they too sink as fast as a lead lifebelt

Sun, 10/30/2011 - 09:51 | Link to Comment uno
uno's picture

Of course Oil is why Europe needed to invade Libya; also US wanted to cut off China's oil supply.  When I look at the US oil shale deposits it seems there are a few decades worth of proven reserves, and then there is the untapped Alaska off shore and North Slope.  The rest of the world will have problems, especially India and China.  Add in an almost certain attack on Iran, and you can see US controlling the worlds supplies, guaranteeing US petro dollar for a while.  Before horizontal drilling techniques I would have agreed with the oil being the link, now I don't see that.

Sun, 10/30/2011 - 01:08 | Link to Comment Coldfire
Coldfire's picture

We are meant to take the global coordinated collapse to heart. But I just don't feel it. The opposite, in fact. Sovereign bankruptcy is a good thing, as is anything that discredits, ie., accurately reflects, the state. The state is a toad that squats on our existence and right-thinking men celebrate its failure and demise.

Sun, 10/30/2011 - 02:44 | Link to Comment tactical sanity
tactical sanity's picture

With everyone scrutinizing every possible scenario....it is actually very simple....the EU will print, the US will print, the Japanese will print, the Chinese will print, the russians will print, the Brits will print, the Koreans will print, THE SWISS WILL PRINT....ETC, ETC....EVERYONE HAS PRINTED AND WILL CONTINUE TO PRINT...this is the path and the choice has been made, print your way out VS a deflationary collapse (depression)...inflation preferable..!!!!!!!!!

Sun, 10/30/2011 - 03:26 | Link to Comment TK7936
TK7936's picture

The thing is if all currencys take the path of inlfation -no one will really be hurt by it. Most likely China will not take that path though.

Sun, 10/30/2011 - 06:48 | Link to Comment css1971
css1971's picture

Except te ordinary person, pensioners and so on.

Sun, 10/30/2011 - 08:34 | Link to Comment Freewheelin Franklin
Freewheelin Franklin's picture

The thing is if all currencys take the path of inlfation -no one will really be hurt by it.

 

Wrong answer.

 

Intentional, perpetual, creeping monetary inflation results in a redistribution of wealth from the Middle Class and poor to the wealthy, and discourages saving. Real wealth can only be created by saving and investment in production of goods and services that are in demand and people are willing to spend money on. False wealth is created through through debt (long-term) and reckless consumption, which is what we've had for, at least, the past 10 years, and a big part of the reason why the big banks failed. Too many dollars chasing too few goods and services.

 

Average Joe, and good ol' Granny get screwed from excessive money creation.

 

Please read:

 

http://mises.org/books/inflation_primer_palyi.pdf

Sun, 10/30/2011 - 03:21 | Link to Comment prains
prains's picture

It takes 6 weeks for the typical human body to starve to death.

Sun, 10/30/2011 - 08:37 | Link to Comment CPL
CPL's picture

And about a day if the water supplies of cities aren't tended to...death by dehydration.  Just that smallest piece of fecal matter not caught in the water supply is enough to start a puke and shit show.

Sun, 10/30/2011 - 09:13 | Link to Comment spinone
spinone's picture

Water treatment plants keep 7 to 10 days of chemicals on hand, and waste treatment plants need a tanker truck to take solids offsite every few days to operate.

Sun, 10/30/2011 - 09:28 | Link to Comment CPL
CPL's picture

How many people are qualified to do the chemical mix?

 

Remove those pieces from the board and it's a day.

 

 

Sun, 10/30/2011 - 22:45 | Link to Comment MSimon
MSimon's picture

Any reasonably good chemical engineer. My daughter say.

Sun, 10/30/2011 - 03:29 | Link to Comment glide21
glide21's picture

This is simply a continuation or German Hegemony over Europe, WW2 goals being met rapidly, unhindered.  A Writer's View of Germany

Sun, 10/30/2011 - 06:17 | Link to Comment Ghordius
Ghordius's picture

Nazi Nostalgia?

Sun, 10/30/2011 - 09:16 | Link to Comment The Reich
The Reich's picture

Utter crap!

Sun, 10/30/2011 - 12:00 | Link to Comment Shylockracy
Shylockracy's picture

Your text is a waste of bits.  Fortunately it only takes seconds to smell and avoid the bullshite.

Sun, 10/30/2011 - 06:24 | Link to Comment drwillia
Sun, 10/30/2011 - 07:39 | Link to Comment Setarcos
Setarcos's picture

Hmmmmmmmmmmmmmmmmmmmmmm indeed.

It's like Alice trying to talk sense with the Mad Hatter, Humpty, the mad Queen, the March Hare, etc..

None of it makes any sense.

"I am in debt, so I borrow from you to pay you off.  Then you borrow from me to pay you off."

Banksters and their client politicians are criminally insane.

Lewis Carroll had it tagged, in his own way ... and, later, George Orwell ... well war is peace ... look what happened to Libya when Qadafi tried to buck the IMF and the insane world in which only debt and interest on it is 'wealth'.

RIP Capitalism (whatever that really was, along with 'free markets').

Long live Financialism, with the banks owning everything, but not knowing how to run anything except for Ponzi schemes, in which banksters owe each other more than this finite planet can ever produce in mark-to-market goods, servicies, commodities and anything else of human value.

Rant over (had a few drinks whilst writing it ... and why not?)

Sun, 10/30/2011 - 07:57 | Link to Comment zen0
zen0's picture

Just a quick informal poll:

 

How many people actually read the whole article before commenting, including the Scribd?

Sun, 10/30/2011 - 08:34 | Link to Comment pemdas
pemdas's picture

What article?

Sun, 10/30/2011 - 08:40 | Link to Comment CPL
CPL's picture

It's not that long.

Sun, 10/30/2011 - 08:51 | Link to Comment HD
HD's picture

I didn't even read your whole comment ;)

Sun, 10/30/2011 - 08:22 | Link to Comment I am Jobe
I am Jobe's picture

Euro Bank Stress test - Interactive. Yippie

http://graphics.thomsonreuters.com/11/07/BV_STRSTST0711_VF.html

Sun, 10/30/2011 - 08:27 | Link to Comment Alexmai
Alexmai's picture

Listen closely: Weiss final warning to all investors: “Get all or most of your money out of danger immediately… stay safe!” Prepare for the coming bank collapse.

http://investmentwatchblog.com/listen-closely-weiss-final-warning-to-all-investors-%E2%80%9Cget-all-or-most-of-your-money-out-of-danger-immediately-stay-safe%E2%80%9D-prepare-for-the-coming-bank-collapse/

Sun, 10/30/2011 - 08:46 | Link to Comment Quinvarius
Quinvarius's picture

It is very easy to get the money they need.  That is not the problem.  The problem is trying to explain it to people.  So they will get the money and they will not explain where it came from. 

In the end it is just printing, but via fractional reserve banking that 400B can easily be leveraged up to 4 trillion or as high as they need it to go.  My guess is that they deposit the money at an American bank.  That bank gets a backstop at the federal reserve to leverage it up and loan back out as much as required.

They are going to get the money.  One way or the other, they will get that money.  Look at all the laws they have already changed.  Money creation is built into the system now and it will only accelerate.

Sun, 10/30/2011 - 08:55 | Link to Comment HD
HD's picture

You're ruining the end of the movie for everyone...

We need to milk this for the sequel - Eurozone Crisis 2: Attack of the PIIGS

Sun, 10/30/2011 - 08:48 | Link to Comment HD
HD's picture

Everybody needs to stop worrying  - I got this. I'm going to bite the bullet and put all the PIIGS debt on my no limit platinum card...

Now all I need to do is...be approved for a no limit platinum card.

I'll let you know how it goes.

Sun, 10/30/2011 - 08:53 | Link to Comment supermaxedout
supermaxedout's picture

I think its funny.

In the past the price for CDS were propagated as the "thermometer" to measure the financial health of a countrys debt situation. The prices went up when the situation became worse. A wonderful and cheap tool to drive the markets to panic whenever it was suitable.

Now it has to be the other way round.

The moment a country is edging closer to default then it becomes obvious that CDS are loosing in value. Because then the chances are increasing that the CDS have to be paid by the issuers. But this would bankrupt the issuers so the rules are bent to the disadvanteg of the CDS holder. With the result that the holder does not get a money.

Normalyy this should drive  markets into panic because it shows that the banks are bankrupt and everybody with a halfway sane mind should try to get his money out of the furnace. But this would be then called a bank-run not  panic.

 

Sun, 10/30/2011 - 09:29 | Link to Comment I am Jobe
I am Jobe's picture

Cash machines for gold and silver launched in India

http://www.bbc.co.uk/news/world-south-asia-15478838

Sun, 10/30/2011 - 09:35 | Link to Comment bugs_
bugs_'s picture

al-gore tried to use the "lock box", al-euro will try to use an empty box.

Sun, 10/30/2011 - 10:27 | Link to Comment Amish Hacker
Amish Hacker's picture

Yes, but don't forget, the empty box will be full of imaginary money. We're saved!

Sun, 10/30/2011 - 10:35 | Link to Comment Toucan
Toucan's picture

What about the Irish who decided to carry 100% of the can and honor all of their banks debt instead of choosing an Icelandic/Greek solution?

Sun, 10/30/2011 - 10:44 | Link to Comment Everyman
Everyman's picture

OK, OK, OK!!!!!!!  Enough with the "accounting" crap.  Don't most treaties and contracts, and securities creation all in the "small print" of these documents say that the treaty must "conform" to certain standards, such as in the Global Community ISO9000, ISO16000, etc.?  And don't most of those "standards" have a third party mediator or some way to check these issues such as the "legality" or "applicability" of certain "leverage" instruments, or other accounting standards?  Such as for every credit there must be an equal "debit", for the "reconciliation" of the account?

SO, as we all know these laws and treaty's and all the other crapola they are shoveling out by the truckload, "the big print giveth and the small print taketh away".

Well, if the small print is good enough for us, then I can't believe the big boys are not hamstrung by all their boiler plate documents.  They all put in the same crapola to "protect the people".

So either "standards" are or are not "standards".

So now if Europe is not following ISO as they are supposed to do in ALL their arrangements, (ISO came into being because of the EU) neither do any of the other "ISO" companies.  Hell make those washers and bolts a little different, hell the financial community doesn't apparently follow any standards other that "crime".

Sun, 10/30/2011 - 10:46 | Link to Comment Everyman
Everyman's picture

Reply to own post.  Here are the standards for all:

 

http://www.iso.org/iso/catalogue_ics_browse?ICS1=03&ICS2=060&

Sun, 10/30/2011 - 11:08 | Link to Comment Iwanttoknow
Iwanttoknow's picture

It would be difficult to launch an attack on either Iran or Pakistan,I watched a clip yesterday which claimed was of Russian tanks headed for Sochi.Can any boby verify that?Also,check this out.the writer is a very well connected retired Indian diplomat.

 

http://www.atimes.com/atimes/South_Asia/MJ28Df02.html 

Sun, 10/30/2011 - 11:13 | Link to Comment Bansters-in-my-...
Bansters-in-my- feces's picture

Delusional FuckTards running the show.

What else can ya say.???

Sun, 10/30/2011 - 12:01 | Link to Comment JR
JR's picture

Please, Zero Hedge, the war is over. The Germans lost, the Nazi Party lost and all of the propaganda involving the war and its usefulness in these modern times to the Zionists is getting to be very wearisome.  It makes one wonder where this continued propaganda originates.  The word Nazi now is like ‘nigger” - even if you’re black you can’t use it. But you can call anybody Nazi, no matter that it’s become the most derogatory, most hate-filled racist term our rulers could use against “whitey.”

I doubt that Zero Hedge could put in a headline that said Soup Nigger.  Or Soup Hymie.

The fact that Seinfeld writers thought it appropriate to use Zionist terms in this day and age doesn’t make it acceptable, IMO, for Zero Hedge. The reason: it identifies ZH with a position that is embarrassingly not neutral in the swirling controversies over the Middle East.  Just as one wonders about the neutrality of the mainstream, media, it makes one wonder about the neutrality and objectivity of Zero Hedge in, say, the Israeli—Palestinian conflict.

You can’t expect an honest broker from someone who uses the term “Nazi.”

Sun, 10/30/2011 - 12:54 | Link to Comment Joebloinvestor
Joebloinvestor's picture

All they did was steal the slogan off the American Dollar.

A promise to pay..........

The problem is, How Much is a Broken Promise Worth?

Sun, 10/30/2011 - 13:09 | Link to Comment Dingleberry
Dingleberry's picture

"cui bono?".....a.k.a. "who benefits?".......written thousands of years ago by Cicero to identify the cause of whatever complex issue you are trying to comprehend despite voluminous red herrings, noise, propaganda, obfuscation, etc.  See, even back then, it was the same ol' situation: some group manipulating another group, usually for money, including wars and fraud, just like today.  Using complex and conspiratorial Machiavllian tactics that the average Joe could not comprehend, or was hidden from him.  So, who benefited from the current world financial calamity, wars, etc???  All the while playing the sympathy or ally card? All this done  in order to get you to unintentionally commit financial and/or physical suicide?  When you realize the answer to that question in an HONEST AND DETACHED MANNER,  free from your pre-conceived biases and indoctrination, you will find the truth. And it will set you free.  I had to change my entire way of brainwashed thinking.  It took me 25 years to realize reality, but I did it. I now know who my enemies truly are......and how I was duped for so long.  But most of you will go broke and die clinging to your silly beliefs. You deserve it.

Sun, 10/30/2011 - 14:36 | Link to Comment Paul67
Paul67's picture

Dumb and Dumber: "That's as good as money sir."

http://www.youtube.com/watch?v=7GSXbgfKFWg

Sun, 10/30/2011 - 19:12 | Link to Comment paint it red ca...
paint it red call it hell's picture

half way through reading the paper, it occured to me the chinese are about to give multinationals and TBTF a lesson on chinese business practice and ethics.  and why not? multinationals bestowed the gift of infrastructure and contracts. dont they understand 'no good deed goes unpunished?'

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