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Why Invest In Gold When One Has The Safety Of The Dollar? A Pretty TV Reporter Explains

Tyler Durden's picture




 

There is nothing that can possibly be added to this hair commercial-cum-news clip, which in 49 seconds says more than a QE + number amount of anti-Keynesian crusaders can say in a century.

 

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Thu, 09/29/2011 - 13:59 | 1722695 Waffen
Waffen's picture

She meant GLD silly.   just kidding

Thu, 09/29/2011 - 14:04 | 1722731 nope-1004
nope-1004's picture

She doesn't know what she meant.  All she cares about is that people give her attention, right or wrong.

News anchors for small outfit TV stations barely make enough to eat.  Vanity is reason for the job.

 

 

Thu, 09/29/2011 - 14:05 | 1722753 Comay Mierda
Comay Mierda's picture

this is how you know gold is not in a bubble. i bet 5 years ago this chick was selling mortgages on the side with her taco bell cashier friends

Thu, 09/29/2011 - 14:10 | 1722779 Pladizow
Pladizow's picture

The dollar is backed - by the US military.

This is why there are 700-1000 US military bases around the world.

To make sure 3rd worlders with coveted resources continue to accept the dollar.

Contiune to take the $ or the US will invade and take your shit!

Thu, 09/29/2011 - 14:14 | 1722818 Tsar Pointless
Tsar Pointless's picture

I thought we had all of those military bases in order to keep us safe over here, and all that jazz.

So what you're saying is, the USofA is the evil-doer in the world.

I need a hug.

Thu, 09/29/2011 - 14:43 | 1722993 Uncle Remus
Uncle Remus's picture

Hug?!? Shit, you're lucky if you get a reacharound with all the fast-n-furious arse reaming the bankers et al are doling out.

"Stock tip" - latex solar beef.

Thu, 09/29/2011 - 14:55 | 1723116 Moe Howard
Moe Howard's picture

Go long reacharounds.

Thu, 09/29/2011 - 15:11 | 1723213 HoofHearted
HoofHearted's picture

Did she really just say that? Holy fucking shit. She knows the future. Go short on Ron Paul for President...and on the future of the US, too.

Thu, 09/29/2011 - 19:22 | 1724168 mcguire
mcguire's picture

that is ridiculous.. the same woman is reporting a completely different spin on gold and the dollar here:  

http://www.youtube.com/watch?v=6JPcimrnXGA

Thu, 09/29/2011 - 19:51 | 1724254 knukles
knukles's picture

Now that's just wrong.  YouTube won't let me watch it because they claimed that I'm immature since I told them that my dad owns a Tungsten Factory and that when I'd tried to get a job I was DK'd as a goldbrick.   Which I told them was false and they said that was the whole point.  So I told them that maybe they should be Backed by Ben, if you get my drift.

Thu, 09/29/2011 - 22:57 | 1724682 FEDbuster
FEDbuster's picture

She's a little older and has dyed her hair black, but I swear to God it's the same woman:

http://www.youtube.com/watch?v=lj3iNxZ8Dww

Fri, 09/30/2011 - 00:33 | 1724833 Fish Gone Bad
Fish Gone Bad's picture

That was actually painful to watch FEDbuster.  Let this be a lesson to everyone, don't take drugs before you put on a crown and go on TV.  If anyone wants to put on a crown, dance around naked, and sing into the mirror, feel free.

Thu, 09/29/2011 - 15:55 | 1723454 Enkidu78
Enkidu78's picture

Baaahahahahahha 

Thu, 09/29/2011 - 15:55 | 1723456 Enkidu78
Enkidu78's picture

Baaahahahahahha 

Fri, 09/30/2011 - 00:12 | 1724801 Blank Reg
Blank Reg's picture

I'd like to add:

HAhahahahahahaahahahahahhahahahahahaahahahahahhahahaha

hahahahahaahahahahahhahaahahahahahhahahaahahahahahha

hahahahahaahahahahahhahaahahahahahhahahaahahahahahha

OH STOP IT! YOU'RE KILLING ME!!!!!

hahahahahaahahahahahhahaahahahahahhahahaahahahahahha

Thu, 09/29/2011 - 15:06 | 1723186 samslaught
samslaught's picture

The US dollar is backed by the future flow of oil, our miltary's number 1 function is to protect the oil.  This agreement is what stopped the dollar from crashing in 1979.  Every paper investment anyone owns has full capacity cheap flowing oil priced in to its value.  If the oil ever stopped flowing or became to expensive they would all crash.  Gold is the wealth traded to the oil states behind the scenes for their cheap oil.  It's price is kept low so that they can accumulate it slowly over time without a price surge.  None of this was sinister as it has benefited the world for many years.  Unfortunately paper gold has gotten out of hand and can't be reigned in at this point.  The end to this financial crisis will be a revaluation of gold.

Thu, 09/29/2011 - 15:41 | 1723386 Uncle Remus
Uncle Remus's picture

The end to this financial crisis will be a revaluation of gold. [emphasis mine]

The implication being it will STILL have value. Paper - not so much.

Thu, 09/29/2011 - 15:55 | 1723458 rbjmartin
rbjmartin's picture

This is why the United States considers Iran such a threat; because they no longer want to deal in dollars, and they are trying to encourage other oil producing nations to join in. It is an attempt to break US hegemony.

Thu, 09/29/2011 - 20:21 | 1724337 samslaught
samslaught's picture

Oil will lose much of it's value if the global economy crashes and the oil states know this. The global economy is cheap oil and the us dollar with their military is backed by it. Not the oil itself but the cheap and continuoes flow.. A dollar crash would be game over for all fiat currency.. I doubt this will happen easily though it will happen one day. In the meantime the whole world will fight this. Want proof. Name one country that has sold all of their treasuries. They will threaten but in the end they don't sell much even though it's obvious that the dollar is losing value. The reason why is the us dollar IS their currency.

Thu, 09/29/2011 - 20:47 | 1724419 Bringin It
Bringin It's picture

Kublai Khan introduced a paper currency backed by nothing but the will of the Mongol army.  He had a nice run for a while, but it ended badly, the fires stoked by things like massive corruption scandals, forcing Marco to get out of Dodge.

Thu, 09/29/2011 - 20:40 | 1724401 Bringin It
Bringin It's picture

rbjmartin - I agree with yout post.  I would just say "This is why the United States oligarchs/rulers/fascists/neocons consider Iran such a threat ..." instead of the United States as a whole.

Hey did you see Al-CIAda asked Ahmedijan to stop saying 9-11 was an inside job??

Fri, 09/30/2011 - 04:35 | 1725016 Tompooz
Tompooz's picture

The same Pakistani American who started "Inspire" was arguing the same thing back in 2008 while trying to argue that "As-Sahab" was an authentic publication by pious Salafist Muslims and not a CIA honeytrap. 

The demolition job on the 3 towers was done --but of course!--by Al Qa'ida engineers. And the security videos from the gas station in front of the Pentagon inpact area were disappeared "to avoid embarrassment for the security lapses". 

Read it all here and laugh your head off

http://www.jihadica.com/wp-content/uploads/2008/07/refuting-the-conspiracies-surrounding-as-sahab-media.pdf

 

 

 

 

 

 

 

Thu, 09/29/2011 - 17:03 | 1723784 Temporalist
Temporalist's picture

"Gold is the wealth traded to the oil states behind the scenes for their cheap oil."

 

And look what happens in the ME when the U.S. wants to get that gold back.

Fri, 09/30/2011 - 00:30 | 1724827 bankruptcylawyer
bankruptcylawyer's picture

yea i don't get why people DONT see this. 

all the doom and gloomers are railing on about how BAD petro dollars are. they have no understanding oh how much PROGRESS scientifically has been made on the back of this system. 

and as for your prediction....it's happen EVERY time in the wake of a collapse ---save when there is another currency to fall back on . if the euro collapses, which it might, it will fall back on dollar funding. 

if dollar does, then gold must be revalued to redominate the currency like you said . so many morons on these boards think that paper goes away and suddenly everyone is trading in goats and shells, or in gold. 

no, the west is not zimbabwe. and even if it collapses, the oil is still there, and so is our technology and culture. we pick up the pieces, redenominate and rebuild. they did it after 1945 in most parts of europe, theyll do it again here. with or without someone to finish a war. 

Thu, 09/29/2011 - 15:54 | 1723448 RafterManFMJ
RafterManFMJ's picture

 

 

I bet you're the kind of [government] that would fuck a person in the ass and not even have the goddamn common courtesy to give him a reach-around. I'll be watching you. 

Thu, 09/29/2011 - 20:02 | 1724286 knukles
knukles's picture

BTW talking about Frank Zappa, did you ever catch that interview he did with Babawah Waawaah where she asked him; "Have you ever ever done drugs?" 

Was one of those "bzzzrtxglmrrrphttt" moments.

Thu, 09/29/2011 - 23:34 | 1724745 Uncle Remus
Uncle Remus's picture

The United States is a nation of laws: badly written and randomly enforced. - FZ

Thu, 09/29/2011 - 20:31 | 1724371 TheFourthStooge-ing
TheFourthStooge-ing's picture

"Stock tip" - latex solar beef.

The word for tonight is mudshark.

 

Thu, 09/29/2011 - 23:33 | 1724741 FEDbuster
FEDbuster's picture

At our bug out retreat we are raising dental floss for a post collapse world.  Raising it up, and waxing it down, in a little white box to trade at bartertown.  Gonna be a dental floss tycoon.

Thu, 09/29/2011 - 23:37 | 1724751 Uncle Remus
Uncle Remus's picture

...into the dawn to Montana.

Fri, 09/30/2011 - 00:13 | 1724805 Uncle Remus
Uncle Remus's picture

The prescience of the affirmation that a particular circular motion* is destined to replace the mudshark in your mythology is, to say the least, a saintly gift[…].

*The Great American Economic Circle Jerk

Thu, 09/29/2011 - 14:14 | 1722824 Robot Traders Mom
Robot Traders Mom's picture

You're alright, Pladizow... #truth

Thu, 09/29/2011 - 14:52 | 1723059 Andrew Jackson ...
Andrew Jackson epitaph's picture

isn't she your daughter-in-law ?

Thu, 09/29/2011 - 14:15 | 1722834 Bicycle Repairman
Bicycle Repairman's picture

That's it.  If the USA military is sucessfully challenged anywhere, look out below.

Thu, 09/29/2011 - 14:20 | 1722857 Pinto Currency
Pinto Currency's picture

 

What she meant to say is that central banks intervene against gold (and for dollars) and so many people are nervous about holding gold.

Thu, 09/29/2011 - 20:10 | 1724306 knukles
knukles's picture

She didn't even know what she meant to say, let alone said.

Her true calling is either a subject for ridicule or as a "rough" fetish sex doll.  Bet she's disappointed and still holds a resentment against her parents that as a child she was never sent to a girls finishing school and then wouldn't be stuck in "this fucking job as a subject of ridicule".

Thu, 09/29/2011 - 14:25 | 1722895 SilverRhino
SilverRhino's picture

With battlefield lasers / masers, rail guns, drones, and hafnium based micronuke weapons?   Good luck on that.

The day you see the current US military 'successfully challenged' in threater by a true contending power is when the US starts playing its aces in the hole (of where there are legion)

Thu, 09/29/2011 - 14:38 | 1722989 tarsubil
tarsubil's picture

Don't forget bone melters. Those things are freaky.

Thu, 09/29/2011 - 14:41 | 1723021 traderjoe
traderjoe's picture

Yes, that's why we've been so successful in Iraq and Afghanistan. /s

Thu, 09/29/2011 - 14:47 | 1723069 Uncle Remus
Uncle Remus's picture

Exactly. And let's not forget Vietnam. But, all that technology was good for something - a quick rooftop evac.

Thu, 09/29/2011 - 20:11 | 1724312 knukles
knukles's picture

And pushing excess choppers off the decks of carriers.

Thu, 09/29/2011 - 20:57 | 1724442 Bringin It
Bringin It's picture

Re. That's it.  If the USA military is sucessfully challenged anywhere, look out below.

The challenge will be to find a way to keep paying for it all.  Kublai, Rome ... the UK just went thru this not too long ago.  The Soviet economy could not pay the military up keep.

A false-flag / WWIII / everyone's a Rosie the Rivetter could keep it going, but maybe after the last one, people are too wised up to fall for it again?

Thu, 09/29/2011 - 14:58 | 1723119 SilverRhino
SilverRhino's picture

Not in the same league and the TPTB are not fighting for national survival.   Let the troops bleed and die if it keeps the real opponents guessing about our real power.

remember my caveat: a true contending power. 

Thu, 09/29/2011 - 15:07 | 1723189 Uncle Remus
Uncle Remus's picture

a true contending power

Define that for us, because it sounds to me like you're implying a WW2-like scenario, which in the context of 4GW is about as relevant as Redcoats in a firing line.

Thu, 09/29/2011 - 15:16 | 1723239 MrBinkeyWhat
MrBinkeyWhat's picture

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

Why we can't win those conflicts.

Maybe if we have a crash research project to process radioactive oil. /S

Thu, 09/29/2011 - 16:10 | 1723525 Apocalicious
Apocalicious's picture

Bingo. The minute you start defining the rules of war, game over. From Roman Legionnaires, to Revolutionary minutemen (to the VietCong and Al Qaeda), you don't get to say "No fair." It's Darwinian, motherfuckers. Stay lean and mean and live, or get fat, entitled and die.

 

http://02varvara.files.wordpress.com/2010/11/01-fat-uncle-sam.jpg 

Thu, 09/29/2011 - 16:44 | 1723685 SilverRhino
SilverRhino's picture

4GW works for non states actors against a state.   The solution to that is to exterminate the population the non-states are using to blend into.  

Contending power = other nation state with global power projection capability. 

As I stated earlier with 4GW, TPTB will absorb human casualties rather than tip their hand.

 

Thu, 09/29/2011 - 23:58 | 1724734 Uncle Remus
Uncle Remus's picture

I am betting you didn't forget the /sarc.

Define "global power projection capability". It could mean a US carrier battle group or a box cutter, a one-way airline ticket and an obsessive desire for virgins.

Are banking cartels non-state actors?

You do remember the US provided material support for said non-state actors against another state. America is not the first rodeo for Afghan jihadis.

The whole world is a "theater", pick a context. Why would a "state" want to exhaust precious treasure and resources to go toe-to-toe with a dinosaur? The non-state actors have proven time and again that with mere "chump change" you can make your enemy squander vast sums of both in what is basically a stalemate. Add to that the incestuous nature of the various global GOV/MIC/FIN entities (hey, let's pause this revolution and set up a central bank right quick), the "states" (term used loosely) aren't going to rock-the-boat, stop-the-gravy-train or steal anyone's rice bowl. Nor will they ask many questions.

This comment brought to you by the letter "P" for proxy.

Fri, 09/30/2011 - 02:43 | 1724983 Jalaluddin
Jalaluddin's picture

I believe! Truly I believe! Tell us how they mixed the nano-thermite in their cave?

From my agents I have the general details: Quran front right, mixing bowl front left, can of Foster's in left hand, coke (and I don't mean coca-cola) in right hand.

But what did they use for stirring?

Sat, 10/01/2011 - 00:21 | 1728267 Uncle Remus
Uncle Remus's picture

Hey, I'm just using the "official" narrative here for demonstration purposes. The point is that somebody projected some power into NYC and got a big ol' trillion dollar (and counting) global knee-jerk. Someone wafted a curious breeze of garlic breath that sounded like a snore in the general direction of the house of cards known as the global economy and it is still falling to this day. That's a big house of cards.

Thu, 09/29/2011 - 19:25 | 1724173 Cathartes Aura
Cathartes Aura's picture

Let the troops bleed and die

indeed, that has been happening already - biowarfare "flea bombs" in afghanistan, etc.:

CCHF has similar effects to the ebola virus. Both viruses damage arteries, veins and other blood vessels and lead to the eventual collapse of major organs. As one doctor put it, a patient suffering from haemorrhagic fever 'literally melts in front of your eyes.

http://www.davesweb.cnchost.com/wtc6.html

and of course, "fleas" are not patriots, they'll bite the hand that feeds, literally. . . these and countless other horrors, it's no wonder the troops are being fed (experimental) anti-depressants by the handful, and still the suicides continue.

Thu, 09/29/2011 - 15:58 | 1723476 RafterManFMJ
RafterManFMJ's picture

 

 

Yea, like we've won a war since '45, you imbecile. Say, how is Afghanastan and Iraq going?  Killing brownskins is both fun and profitable for the military-industrial complex, but not so good for the people paying the bills, in both blood and treasure.

 

 

Thu, 09/29/2011 - 16:54 | 1723748 harposox
harposox's picture

Define "win."

Thu, 09/29/2011 - 17:00 | 1723771 MrPoopypants
MrPoopypants's picture

We won the war in Vietnam...turned it into a Nike factory.

Fri, 09/30/2011 - 01:20 | 1724896 knukles
knukles's picture

Winning includes the export of sneaker manufacturing jobs.

Thu, 09/29/2011 - 18:35 | 1724071 Diogenes
Diogenes's picture

America has won wars single handed. I can think of 2, in 1899 you licked Cuba and then Grenada in 1982.

Thu, 09/29/2011 - 20:08 | 1724300 o2sd
o2sd's picture

Actually, the war in Afghanistan is going superbly. Opium production quickly returned to pre-Taliban-ban levels and now exceeds it. This resulted in:

  • Money flows returned to more normal levels, and the war has turned a profit for the US Treasury.
  • Bankrupting North Korea by flooding the market with cheap heroin, which is NK's primary revenue stream, bringing them back to the negotiating table.
  • Continued weakening of the Iranian populace, 2.8% of the population are now heroin addicts, the highest in the world.

Iraq hasn't been going so well, but was neccessary to box in Iran and contain Russian expansion, continuing the 100 year 'Great Game' /war.

 

Fri, 09/30/2011 - 02:20 | 1724965 Jalaluddin
Jalaluddin's picture

Ever heard of asymmetric warfare?

Thu, 09/29/2011 - 14:21 | 1722862 Kyron95131
Kyron95131's picture

exactly

dosnt matter how much math you do, what the facts are, how well you know the history or what the problem is, or what your opnion is

when all is said and done

america is holding ALL the guns in the room

and under a false democracy and ill informed public they can sell any war they want to the droves and droves of NASCAR fans out there who blindly believe in the "american dream" 

Thu, 09/29/2011 - 21:05 | 1724466 Bringin It
Bringin It's picture

How will they pay to continue the dominance while we are experiencing the Greater Depression?

Not too long ago, that's how the Soviets went under.

Thu, 09/29/2011 - 14:22 | 1722865 hidingfromhelis
hidingfromhelis's picture

Exactly!  At least until the US Gov't starts attacking countries that won't accept gold and silver in exchange for oil...not holding my breath on that one.  Until then...

Thu, 09/29/2011 - 14:23 | 1722874 shazbotz
shazbotz's picture

War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is conducted for the benefit of the very few at the expense of the masses. . . .

There isn't a trick in the racketeering bag that the military gang is blind to. It has its "finger men" to point out enemies, its "muscle men" to destroy enemies, its "brain men" to plan war preparations, and a "Big Boss" Super-Nationalistic-Capitalism.

It may seem odd for me, a military man to adopt such a comparison. Truthfulness compels me to. I spent thirty- three years and four months in active military service as a member of this country's most agile military force, the Marine Corps. I served in all commissioned ranks from Second Lieutenant to Major-General. And during that period, I spent most of my time being a high class muscle- man for Big Business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism.

I suspected I was just part of a racket at the time. Now I am sure of it. Like all the members of the military profession, I never had a thought of my own until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of higher-ups. This is typical with everyone in the military service.

I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912 (where have I heard that name before?). I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.

During those years, I had, as the boys in the back room would say, a swell racket. Looking back on it, I feel that I could have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents. . . .

 

Excerpt from a speech delivered in 1933 by General Smedley Darlington Butler, USMC. General Butler was the recipient of two Congressional Medals of Honor -- the highest military decoration presented by the United States government to a member of its armed forces. He is one of only 19 recipients of two Medals of Honor, and one of only three to be awarded a Marine Corps Brevet Medal and a Medal of Honor, and the only person to be awarded a Marine Corps Brevet Medal and a Medal of Honor for two different actions.

Thu, 09/29/2011 - 14:53 | 1723084 Saxxon
Saxxon's picture

Smedley Butler exhibited courage in coming out with that book (War is a Racket), given his background and the love he had for the (good elements of) the U.S.A.  I find Butler's testimony somehow more convincing than that of the winnowing, whinging types who never had enough belief in ANYTHING to put their life up for it.

There is a Camp Butler, named after him, in Okinawa.  He is a Demigod in the USMC.  In boot camp we were, uh, encouraged to memorize many facts about the Marine Corps pantheon (Chesty Puller, et al.) but somehow this speech did not make it into our curriculum.

Thu, 09/29/2011 - 14:53 | 1723105 americanspirit
americanspirit's picture

General Butler also wrote a little book entitled "War Is A Racket" which every thinking soul should read, and then read again, until it is ingrained in their perception of the world.

Thu, 09/29/2011 - 15:50 | 1723427 pain_and_soros
pain_and_soros's picture

Military Industrial Complex anyone?

Thu, 09/29/2011 - 16:20 | 1723565 Tic tock
Tic tock's picture

Bear in mind, in 15 years liquids will contribute far less of the Energy supply for the Industrial Base. Oil is great commodity, because of its 'energy-density'. Nuclear is the watchword and that's why this could get scary real quick.

 

Fri, 09/30/2011 - 01:26 | 1724901 knukles
knukles's picture

Eisenhower delivered said speech twice on the same day.  In the first delivery to a closed audience of select congresspersons and associated high level governmental leaders, the entity was defined as the "military-industrial-congressional" complex.

The outcry and threats to his being able to govern in any reasonable form caused him to drop the term "congressional" from the presentation.

Gosh.

Thu, 09/29/2011 - 20:35 | 1724381 Sambo
Sambo's picture

Mankind has been at war for the last 10,000 years. To garner hopes of its ending is like waiting for a rain cloud to pass over the Atacama Desert. Not going to happen in our lifetimes.

Thu, 09/29/2011 - 16:20 | 1723566 Henry Chinaski
Henry Chinaski's picture

I spent twenty-seven years and nine months in active and reserve military service as a member of this country's most agile military force, the Marine Corps. I served in all commissioned ranks from Second Lieutenant to Colonel.

I suspected I was just part of a racket at the time. Now I am sure of it. Like all the members of the military profession, I never had a thought of my own until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of higher-ups. This is typical with everyone in the military service. I even read General Butler's essay, and still didn't get it until leaving the service.

Veterans for Ron Paul 2012

Fri, 09/30/2011 - 00:45 | 1724853 Cardinal Fang
Cardinal Fang's picture

"I never had a thought of my own until I left the service"

Ha ha ha ha. Spoken like a true lifer. Speak for yourself dude, ever wonder why none of the smartass white boys from NY ever re-upped? It was because of this crap you posted. My one term enlistment was spent dodging the assballs coming from the likes of you.

Thu, 09/29/2011 - 14:27 | 1722879 Segestan
Segestan's picture

The borders are left wide ass open and mass illegals flood the nation, every day, every year.. Poor third worlder's even with 1000 bases they still run to America. Oh and lets not forget Homeland Security... fighting the Big bad white middle class.

Thu, 09/29/2011 - 14:40 | 1723005 CH1
CH1's picture

LOL... you're blaming some Mexican guys who want to take menial jobs??? "Flooding our nation!!!" "We must punish them!!" THIS is the thing you get exercised over?

Dude, get over it!

Thu, 09/29/2011 - 14:49 | 1723080 realitybiter
realitybiter's picture

Clearly, you have not had the wonderful experience of paying property taxes, observing your crappy public school, the do the right thing for your kid and pay for private school, and then listen to the school administrators tell you that the public schools need more teachers to teach the English Language Learners (mexicans).

It is not about the gardeners.  It is their kids.  And it is an enormous drain.  You may want to consider the ridiculous population of incarcerated Mexican nationals in California's prisons, too, before you pipe off with your playbook liberal crap. 

Thu, 09/29/2011 - 15:37 | 1723364 DOT
DOT's picture

Not everyone has a play book.

Property taxes are also paid by Renters through the Landlords.

Employers accept phony SSN's and pay in all the payroll and income taxes to avoid getting busted.

Sales taxes are paid by all.

Your money and their money are sucked-up by the same vacuum.

 

Thu, 09/29/2011 - 18:02 | 1723995 au_bayitch
au_bayitch's picture

The motherF&cker that that crashed into my truck wasn't having any money vacuumed up from an auto insurance company.

Thu, 09/29/2011 - 19:33 | 1724199 Bananamerican
Bananamerican's picture

had to go to court in the OC for a traffic ticket yesterday (my daughter's).

Half the court was taken up by Mexican/So. Americans and their spanish interpretor.

Made me wonder if ANY i see on the road have a valid license/ins....

My daughter's case was dismissed after submitting to a DNA swab for the OC's "proprietary" database

Thu, 09/29/2011 - 19:08 | 1724139 FeralSerf
FeralSerf's picture

The PTB leave the borders open for the illegal immigrants on purpose -- to get very cheap labor and to make sure that Americans are unable to get decent paying jobs. The border controls that do exist are there primarily to make sure that you don't leave with any assets.

Prisons are big business. There are lots of illegal immigrant slaves in them and plenty of legals too of, course. The taxpayers are losers, but there are big winners too.

"The prison industry in the United States: big business or a new form of slavery?"

http://www.globalresearch.ca/index.php?context=va&aid=8289

Thu, 09/29/2011 - 15:53 | 1723442 Segestan
Segestan's picture

Dude... you would fit in no nation that has ever existed in any time in human history... grow up. They want everything you have .

Fri, 09/30/2011 - 01:29 | 1724907 knukles
knukles's picture

Everybody wants everything that everybody else has.

Thu, 09/29/2011 - 14:25 | 1722897 Idiocracy
Idiocracy's picture

yup, petrodollar warfare

Thu, 09/29/2011 - 14:27 | 1722899 Idiocracy
Idiocracy's picture

.

Thu, 09/29/2011 - 14:31 | 1722933 cbaba
cbaba's picture

"The dollar is backed - by the US military" And US Military is backed by the Dollar, yes its a big ponzi..

Thu, 09/29/2011 - 14:40 | 1723006 SteveNYC
SteveNYC's picture

This is true but too simple a thesis. There are more factors at play. If the dollar is sufficiently debased paying the military will become a problem, soldiers aren't worth shit if they can't be paid. Therefore, the dollar backs the military as much as it is backed by the military.

Wars have to be sold to the public, and in America the sale of a war comes wrapped with the flag and the perception of "we are the good guys going to save freedom and the world". If this veil is pierced and the lie exposed, no more support for wars. The country is turning against perpetual wars, albeit slowly.

People are broke. Seeing massive military expansion and new wars makes people question why they are being fucked in order for the empire to expand. This will come with some form of unrest.

The military is also stretched. While it is the largest in the world, it can only occupy so much territory.

Thu, 09/29/2011 - 19:42 | 1724229 Cathartes Aura
Cathartes Aura's picture

while I agree with you to a certain extent, if "paying the military" ever really becomes a problem, getting paid anywhere (wages, jobs) will also be a problem - and the military will continue to offer meals and shelter and weapons, uniforms & power over - I think this will keep a rather large base of the current volunteers from straying.

remember it is a volunteer military, and to the extent critical thinking enters into the decision, some minds still need better stories to convince them otherwise.

there is also the shadow-military, in the form of hired mercenary corps - both AT HOME and abroad, and they'll no doubt continue to be paid huge sums from shadow-drug & money laundering. . . history repeats, ad nauseam.

Fri, 09/30/2011 - 00:43 | 1724849 bankruptcylawyer
bankruptcylawyer's picture

true. the canary in the coal mine is the 'drone' model. 

 

everyone is talking about 'new' warfare. yea yea, the drones, are going to be the next big think, like nukes used to be. maybe one day. but did nukes make soldiers obsolete and no longer a major pricetag, and component of warfare, THE major widget of war is soldiers. 

 

and they cost MONEY. the ONLY way around the cost of soldiers is mandatory service , drafts, and mercenaries. that is it. 

and ALL of those are far far far more expensive politically, than paying a soldier a decent wage. 

so yea..........converting to drones is the first sign the military has no freaking clue that soon enough, they are going to need alternative methods of summoning man power. 

 

eric prince...that didn't work out too well. but Xe is still making a ton of money. that said theyre notoriously bad at fighting wars like soldiers. theyre just good at being ballsy, which , gets them paid well, but also gets them killed a lot. and they're not a 'force' and will never be trusted with high tech weaponry for fear of espoinage or selling the weapons to enemies or infiltrators----despite their security clearances.

 

so what you have left really is a draft, because mandatory military service at 18 yoa in the u.s. is not going to fly.  

 

next stop----DRAFT. COMING UP. ten years? twenty years?

 

Thu, 09/29/2011 - 14:44 | 1723033 MarketTruth
MarketTruth's picture

The Federal Reserve's Debt Note, many choose to call it the US Dollar, is actually backed by "the full faith of the US Government to enact and force TAXES on its citizens". Without the ability to collect taxes on their citizens, which ensures repayment of loans such as treasry/bonds/etc, there would be little way for the USA to 'back' the dollar and thus repay said loans.

Barter all you can plus maximize the reduction of you being forced to pay tax.

Thu, 09/29/2011 - 15:01 | 1723144 Pladizow
Pladizow's picture

A note is a promise to pay, but in the case of a FRN its a promise to pay nothing!

Additionally, for a note to be legally valid, the issuer of a note must sign that note?

Where is there a signature of a representative of the FED on any US paper currency?

Thu, 09/29/2011 - 20:21 | 1724336 ricocyb13
ricocyb13's picture

if you look closely at the 1-Dollar bill, you will see a tiny helicopter with the name "Ben" on it (it`s the round thing flying atop the pyramid).

Fri, 09/30/2011 - 01:34 | 1724914 knukles
knukles's picture

Wait a minute.
Mine's got a picture of Henry Paulson mooning America and instead of "In God We Trust" the homily has been changed to "Every Man For Hisself".  And where it's signed by the Treasurer of the United States it says "Long Live Lloyd.  Goldman Sachs Rules"

When did they do this?

Thu, 09/29/2011 - 19:26 | 1724176 BigJim
BigJim's picture

The Federal Reserve's Debt Note, many choose to call it the US Dollar, is actually backed by "the full faith of the US Government to enact and force TAXES on its citizens".

That's why US citizens accept US dollars... because if they don't, they won't be able to pay 'their' taxes, and will be thrown into a cage.

But why do people OUTSIDE the US accept USD's? Because most oil exporters demand payment in them... so if they want to buy oil, they need the USD. And why do most oil exporters demand USD's? Because they're despots who would be overthrown in the twinkling of an eye if they weren't being propped up by... the country that prints USDs.

When people balk at my explanation of the petrodollar, I ask them: if country A produces oil, and demands payment in paper produced at essentially no cost by country B, who REALLY owns that oil? Country A, or Country B? Particularly if the rulers of country A rely on the military of country B to stay in power?

This stuff is what rules the world. But you'd never know it listening to the MSM.

Fri, 09/30/2011 - 01:12 | 1724887 turicum
turicum's picture

+1, and +100 if I could. I wish there were more comments like yours on ZH.

Fri, 09/30/2011 - 01:37 | 1724920 knukles
knukles's picture

But that lady expalined it was because it was "Backed by Ben."©

Am I missing something?

 

 

 

Thu, 09/29/2011 - 19:12 | 1724144 MSimon
MSimon's picture

The US military has a habit of leaving when asked.

Thu, 09/29/2011 - 19:30 | 1724189 BigJim
BigJim's picture

And the people who make it known they intend to corral their fellows to ask it to leave have a habit of winding up trying to breathe water...

Thu, 09/29/2011 - 21:20 | 1724497 onearmedlove
onearmedlove's picture

America will finally be self-actualized when it is China's ass kicking machine.

 

 

Fri, 09/30/2011 - 00:00 | 1724786 Jalaluddin
Jalaluddin's picture

The dollar is backed by God - specifically the law of conservation of mass and by the relative immutabilty of elements, by its scarcity, resistance to corrosion, its utility in industry, its use for jewellery, by the difficulty of digging more out of the ground ..., while the Amerazoo is backed by the US Government - whose word is not worth the paper it is written on, by force and by threats.

As for the lady: I think she consciously did what I regard as one of the best renditions of a stupid CNN bimbo that we are likely to see for a very long time.

Fri, 09/30/2011 - 01:39 | 1724922 knukles
knukles's picture

Actually, so very true.
T'was up to the standards of SNL 20 years ago.

Fri, 09/30/2011 - 10:37 | 1725731 TheMerryPrankster
TheMerryPrankster's picture

So gold is backed by tradition and universal recognition and acceptability, while the USD is backed by uranium,plutonium and hydrogen weapons and a delivery system capable of delivering nuclear weapons anywhere on the face of the earth in a matter of hours?

Suddenly I realize why the big bankers, the Fed and the Treasury refer to the nuclear option when they discuss policy solutions.

Thu, 09/29/2011 - 15:20 | 1723149 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

Exactly what I was thinking, I already know there is no way we are in a bubble.  Just more evidence that most people just haven't figured it out yet.

Thu, 09/29/2011 - 15:10 | 1723209 DormRoom
DormRoom's picture

wtf. when gold is in the news.  As a contrarian, you should be selling it.

Thu, 09/29/2011 - 19:32 | 1724196 BigJim
BigJim's picture

Zzzzzzzzz. O, what, you said something?

So are the people in the news saying you should buy or sell?

Oh! They're saying we should sell?

Long it is, then.

Thu, 09/29/2011 - 14:06 | 1722762 Hugh_Jorgan
Hugh_Jorgan's picture

Come into my parlor said the spider to the fly...

Thu, 09/29/2011 - 14:23 | 1722872 SheepDog-One
SheepDog-One's picture

Reading right from the script, good girl- 'Well see suddenly 'investors' became worried that the gold they hold isnt backed by anything, so they sold those icky coins FAST and bought fresh crisp dollar bills instead which ARE backed by something, the fraud known as the US Treasury...and everyone lived happily ever after, and BTW if you buy dollars the Treasury gives yo a free pink unicorn'

Thu, 09/29/2011 - 14:26 | 1722903 Manthong
Manthong's picture

She makes great sense.

Just like Madoff Investment Securities LLC , backed by the reputable Bernard L. Madoff, hosted by JP Morgan Chase and  acknowledged  by  scores of notable celebrities  and investment authorities  made great sense.

Thu, 09/29/2011 - 14:11 | 1722792 pain_and_soros
pain_and_soros's picture

This is not a small outfit station, at least by Canadian standards - it is the Calgary market of the biggest private network in Canada - CTV & Calgary happens to be one of the biggest (& more conservative) markets in Canada & home to the Cdn oil & gas industry.

Amazingly, these people actually get paid for disengaging their brain & moving their lips (but then again, so does Obama).

Thu, 09/29/2011 - 14:14 | 1722814 Shocker
Shocker's picture

I Think that video pretty much sums it up, we are screwed

Thu, 09/29/2011 - 14:27 | 1722909 depression
depression's picture

#winning

Thu, 09/29/2011 - 15:06 | 1723187 SokPOTUS
SokPOTUS's picture

#losing is the new #winning

Fri, 09/30/2011 - 01:42 | 1724924 knukles
knukles's picture

You look awful familiar. 

Thu, 09/29/2011 - 14:29 | 1722924 Floordawg
Floordawg's picture

I'd say it means "THEY" are screwed.

Thu, 09/29/2011 - 14:14 | 1722823 Dumpster Fire
Dumpster Fire's picture

small outfit

 

Her only path to salvation...

Thu, 09/29/2011 - 14:50 | 1723083 unclebill
unclebill's picture

I know couple of anchors and YES they are poor as hell. All the wish for is to be noticed by someone with $$$$ or by a strip club owner.

Thu, 09/29/2011 - 15:24 | 1723290 Pimp Juice
Pimp Juice's picture

"Some investors aren't confident that gold is backed by anything."

Gold IS the backing, crazy beotch! Is this La La Land?

I may not be confident that the Hoover Dam is backed by anything but I can see that it holds back a lot of water.

Fri, 09/30/2011 - 01:44 | 1724926 knukles
knukles's picture

See.  The Hoover Dam is backed by water!

Can we go get our tatoos now?

Thu, 09/29/2011 - 17:16 | 1723836 mayhem_korner
mayhem_korner's picture

 

 

All she cares about is that people give her attention, right or wrong.

Well, she's gotten close to 20K views here on ZH alone.  I suspect she's viral, now.  She could be the next William Hung for all we know.

Thu, 09/29/2011 - 18:55 | 1724110 eureka
eureka's picture

May I suggest Strip Clubs as career alternative to Local TV; the prior pay vain bimbos better than the latter.

Thu, 09/29/2011 - 19:23 | 1724169 msamour
msamour's picture

That is not a small outfit station, it's one of the big 3 news media oulet in Canada. That woman will be laughed at for the rest of her life for that clip. What a moron. She should be blonde!

Thu, 09/29/2011 - 19:51 | 1724253 jekyll island
jekyll island's picture

Product of our public school system, no doubt.   On the other hand, who backs gold if gold defaults?  

Thu, 09/29/2011 - 20:36 | 1724384 DeadFred
DeadFred's picture

She'll be thrilled when she goes viral even though she's seen as a fool.

Thu, 09/29/2011 - 14:04 | 1722735 TruthInSunshine
TruthInSunshine's picture

She used to work at Taco Bell.

Here she is, refusing a 1 ounce gold eagle, in exchange for a .99 cent taco:

 

Buying a 99¢ taco with 1 ounce gold coin - YouTube
Thu, 09/29/2011 - 14:13 | 1722813 Newsboy
Newsboy's picture

COMBINATION Pizza Hut and Taco Bell:

http://www.youtube.com/watch?v=SIt2CdbBo_w

Thu, 09/29/2011 - 14:14 | 1722776 Top_Kill
Top_Kill's picture

Gold is backed by Keynsian stupidity! There's your answer sweet tits. Here's your sign!

Thu, 09/29/2011 - 14:23 | 1722877 jdelano
jdelano's picture

There's nothing wrong with gld. it is backed by physical. Can you point me to any substantive evidence of why gld is flawed? When the dollar is backed by gold again, will you still be lugging bars around?

Thu, 09/29/2011 - 14:43 | 1723035 Strike Back
Strike Back's picture

No idependent audits except a one pager that deviated from the audting company's usual form.  Also, when they did a piece to show that GLD was backed by real gold, they flashed a gold bar on camera with a serial number that doesn't show up on their inventory list.  Nothing rock-solid, but it makes me wonder enough to stay away, especially considering the custodian of the said gold and their fucking huge obligations (theoretically) to deliver on their bets against gold.  Short term, GLD has made people a lot of money.  More than mining stocks, anyways.

Thu, 09/29/2011 - 15:47 | 1723410 ForWhomTheTollBuilds
ForWhomTheTollBuilds's picture

There are days when I'm feeling rather consumed with this fear of everything dark that is going to happen to our economy and culture and then a beautiful woman in a nice dress opens her mouth and I realize it has already happened.

 

Thu, 09/29/2011 - 17:15 | 1723826 Financial_Guard...
Financial_Guardian_Angel's picture

http://twitter.com/#!/ctvbridget

More of Bridget to enjoy.

Thu, 09/29/2011 - 13:59 | 1722696 Edward Fiatski
Edward Fiatski's picture

I'd fuck her right there, by the bush.

Thu, 09/29/2011 - 14:01 | 1722705 Silver Kiwi
Silver Kiwi's picture

you're doing it wrong Ben, it's in the bush...

Thu, 09/29/2011 - 14:02 | 1722727 Edward Fiatski
Edward Fiatski's picture

Did you hear what she said? Gold is backed by nothing.

BILLIONS OF YEARS OF A FIERY FUSION REACTOR, A SUPERNOVA, MILLIONS OF YEARS OF PROTOPLANETARY DISK DANCING IN THE PROTO SOLAR SYSTEM - All For Nothing!

Thu, 09/29/2011 - 15:00 | 1723145 DoChenRollingBearing
DoChenRollingBearing's picture

Very good.

Thu, 09/29/2011 - 19:38 | 1724215 BigJim
BigJim's picture

BILLIONS OF YEARS OF A FIERY FUSION REACTOR, A SUPERNOVA, MILLIONS OF YEARS OF PROTOPLANETARY DISK DANCING IN THE PROTO SOLAR SYSTEM - All For Nothing!

Yeah, but, the FRN is backed by Ben. He's much more... erm... he's a lot more, than some protoplasm disk thingy.

Thu, 09/29/2011 - 14:05 | 1722756 JLee2027
JLee2027's picture

Only if they have a bush. Most seem to prefer to look like 8 year olds.

Thu, 09/29/2011 - 14:07 | 1722769 Edward Fiatski
Edward Fiatski's picture

And I prefer a TRIANGLE-SHAVED WITH AN ALL-SEEING EYE ON TOP. Down goes the obelisk into the pyramid basement.

Thu, 09/29/2011 - 14:25 | 1722892 tmosley
tmosley's picture

Does this look like a Q to you?

Thu, 09/29/2011 - 14:31 | 1722939 JLee2027
JLee2027's picture

No, I thought it was an Islamic with a bomb in the turban.

Thu, 09/29/2011 - 14:41 | 1723018 WonderDawg
WonderDawg's picture

We don't agree on everything, Tmo, but making a Family Guy reference gives me reason to overlook past transgressions.

Thu, 09/29/2011 - 15:00 | 1723148 tmosley
tmosley's picture

Family Guy brings us all together.

Thu, 09/29/2011 - 15:08 | 1723200 WonderDawg
WonderDawg's picture

Indeed, sir. Be well.

Thu, 09/29/2011 - 14:41 | 1723025 tarsubil
tarsubil's picture

Giggity!

Thu, 09/29/2011 - 16:28 | 1723590 nyse
Thu, 09/29/2011 - 14:13 | 1722794 Pladizow
Pladizow's picture

Silver Kiwi:

"you're doing it wrong Ben, it's in the bush..."

 

Not if he's a fan of the fart box!

Thu, 09/29/2011 - 14:29 | 1722920 sgorem
sgorem's picture

don't see a damn thing wrong with your post Ed. Think she has been SKULL FUCKED once too many times though, but that's another story. 

Thu, 09/29/2011 - 14:38 | 1722986 PaJoad
PaJoad's picture

I'll keep an eye out for that story....

Thu, 09/29/2011 - 15:17 | 1723249 BookEditar
BookEditar's picture

Only takes one good eye to see what you did there.

Thu, 09/29/2011 - 15:18 | 1723250 BookEditar
BookEditar's picture

Double.

Thu, 09/29/2011 - 14:00 | 1722702 HedgeAccordingly
HedgeAccordingly's picture

very pretty... hot reporters make everything right.. CNBC knows

babez http://bit.ly/gFWVSm

Thu, 09/29/2011 - 14:31 | 1722943 X.inf.capt
X.inf.capt's picture

that girl reminded me of when i was watching a rerun news report of the 1992 L.A. riots...

they were filming a gun battle between rioters and shop keepers

this news reporter said' they are shooting with GUNS, someone should call the POLICE!'

and her cameraman said, 'what police?'....

LMAO

Thu, 09/29/2011 - 14:00 | 1722706 SolidSnake961
SolidSnake961's picture

ahhh....only if she had big tits i wouldnt have had to hear that

Thu, 09/29/2011 - 14:00 | 1722707 JLee2027
JLee2027's picture

This is pretty old (like last week).  Must be a slow news day.

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