Thursday, September 12, 2013

The World Has Been Turned Upside-Down: Shaken, Not Stirred

“If the rule you followed brought you to this, of what use was the rule?”  - Cormac McCarthy, "No Country For Old Men"
As a child of the late 1960's and 1970's, I was taught that the U.S.S.R. was evil and the U.S was good.  It was the Russians and their cold-blooded leaders who wanted to destroy the world and "God's" country - good old "red, white and pie...Chevrolet...yada yada yada" was here to save humanity.

But just like Obama and his band of Merry Democrats are now the blood-thirsty neocons running our God-forsaken country, it seems Russia has now assumed the role of global savior.

Shockingly, the NY Times published an editorial appeal by Vladimir Putin to the American public in which he pleads for caution with regard to how our country deals with the Syrian situation and he completely undresses the Obama regime and exposes it for what it is:
It is alarming that military intervention in internal conflicts in foreign countries has become commonplace for the United States. Is it in America’s long-term interest? I doubt it. Millions around the world increasingly see America not as a model of democracy but as relying solely on brute force, cobbling coalitions together under the slogan “you’re either with us or against us.”
I was shocked the NY Times actually published this piece because, at some point during the Bush years, the NY Times transformed from a bastion of liberalism and intellectual critique into a war-mongering, neocon-promoting tabloid.

Here's Putin's piece and I urge everyone to read it carefully and think about it terms of just how rotten to the core the American Government has become:   A Plea For Caution From Russia            

                              “Query: How does the never to be differ from what never was?”                                                                                   -Cormac McCarthy, The Road


  1. I believe the NYT, although not wanting to publish this, had no choice but to. Had it not it would have exposed the corporate-government partnership of propaganda that it belongs to.

    1. Be nice or I will sell another 50,000 gold futures at 3 AM in Hong Kong. Just a heads up before next week.

  2. Nanex ~ 12-Sep-2013 ~ Gold Futures Halted

    On September 12 at 2:54:05, approximately 2000 gold futures contracts traded in a second, sending the price down just over $10 and causing a circuit breaker to trip, which shut down trading for 20 seconds. That is the longest halt we have recorded in a widely traded futures contract. A closer look at the data reveals this was most likely from one large order to sell at the market.

    1. December 2013 Gold (GC) Futures Depth of Book (how to read).

  3. Dollar era drawing to its end

    In St. Petersburg, Russia signed a series of agreements that undermine this monopoly. On the first day of the summit, Gazprom and the Chinese state oil company signed an agreement on the basic conditions of supply of gas and oil and gas development in Russia. It is imperative that the currency of the agreement is the yuan or ruble, and the price of the supplied hydrocarbons will be determined on a bilateral basis without a reference to the Anglo-Saxon index Henry Hub determined on the London Stock Exchange. This guarantees that speculative impact on the Russian economy due, for example, to shale gas supplies, will be minimized.

  4. We have lost the rule of law, what made America what it once was. Until we rid ourselves of this virus that inhabits our political system, we will too will suffer from the side effects of the virus.

  5. Audit: U.S. lacks anti-corruption plan for Afghan aid

    Report says comprehensive proposal to battle malfeasance was left unsigned by Hillary Clinton

    The U.S. is spending billions of dollars to shore up the Afghan government in advance of the December 2014 deadline for the withdrawal of most foreign troops, but a new audit says no coherent plan exists to reduce the rampant corruption that has undermined those efforts and alienated the Afghan public.

    John F. Sopko, the Special Inspector General for Afghanistan Reconstruction, released a report Wednesday warning that absent aggressive anti-corruption measures, assistance funds could continue to help fuel one of the world’s worst kleptocracies.

    Without a clear strategy for curbing the culture of “baksheesh,” or bribes, he warned, the U.S. risks leaving behind a government that has little credibility at home and scant legitimacy abroad.

    “The ability of the Afghan government to deliver services to its citizens without the illicit diversion of resources is crucial to the country’s development and the government’s standing as a legitimate, sovereign authority,” Sopko wrote.

    Washington has already spent $96 billion on reconstruction projects as part of its effort to bolster the Afghan government’s control of the country. An August Congressional Research Service report says the U.S. will likely continue to shell out about $10 billion annually to keep the country running through at least 2017.

  6. a corrupt government ,put on display by a communist government.....gotta love 'all equal'......

    1. THEY SAVED THE WORLD................

      Bernanke, Paulson Saved the World With TARP: Gregg

      Behold the definition of a "revolving door" - Judd Gregg: from US Senator, to Goldman Sachs advisor, to SIFMA head, all in under two years.


  7. Great political/economic gamesmanship by Putin in my book. I think it's more to do with a possible natural gas pipeline through Syria than anything else.

  8. The G&S tremors are occurring - this is all baked into the cake !

    Real estate incentives locking up , dollar'strength dwindling , layoff #'rs rising , jobless numbers growing , food stamps being reduced in amount per recipient but rising in overall users , like dominoes things are happening as noted.

  9. I would like to comment but I am afraid the FBI might open a file on me.Our government loves to punish dissent.

  10. Whatever else it might be, the present government of the Russian Federation is NOT 'communist' in any meaningful sense of the word.

  11. Perhaps you've heard the old expression that when a man points a finger of accusation at another, he's also pointing three at himself. America (and I'm referring to successive government administrations when I say America, not the brainwashed American people themselves), you are full of s**t. You have been pointing the finger of accusation for so long and so often at the Soviets/Russians that I truly question who is the Evil Empire. Putin really does look like a wise and learned elder statesman compare to Obama.

  12. I love Russia atm... But beside this, what triggered the gold dropping so badly again Dave? I'm not scared, but curious!

  13. Harry Reid on the Senate Floor Proclaims: “The Anarchists Have Taken Over”

    We’re diverted totally from what this bill is about. Why? Because the anarchists have taken over. They’ve taken over the House and now they’ve taken over the Senate.

    People who don’t believe in government — and that’s what the Tea Party is all about — are winning, and that’s a shame.

    - Harry Reid on the Senate Floor earlier today
    The best thing about inept, crony, powerful politicians is that when they realize they are losing the battle for the hearts and minds of the public they simply don’t know what to do.

  14. Oh Dave, you are too cruel! Obama and his democrats want a war so much. Why deny them what they want? But just send those warmongers including Obama himself to fight in Syria. Let them spend their own money and lives there. That's a win-win deal for them and the rest of us.

  15. A new digital ecology is evolving, and humans are being left behind

    Automated financial bots trading at nanosecond speeds are too fast for humans to compete, making the stock market an unfair place for the public to keep their money and retirement accounts

    Incomprehensible computer behaviors have evolved out of high-frequency stock trading, and humans aren't sure why. Eventually, it could start affecting high-tech warfare, too. We spoke with a researcher at University of Miami who thinks humans will be outpaced by a new "machine ecology."

    For all intents and purposes, this genesis of this new world began in 2006 with the introduction of legislation which made high frequency stock trading a viable option. This form of rapid-fire trading involves algorithms, or bots, that can make decisions on the order of milliseconds (ms). By contrast, it takes a human at least one full second to both recognize and react to potential danger. Consequently, humans are progressively being left out of the trading loop.

    And indeed, it’s a realm that’s rapidly expanding. For example, a new dedicated transatlantic cable is being built between US and UK traders that could boost transaction speed by another 5 ms. In addition, the new purpose-built chip iX-eCute is being launched which can prepare trades in an astounding 740 nanoseconds.
    Virtual predators and prey

    The problem, however, is that this new digital environment features agents that are not only making decisions faster than we can comprehend, they are also making decisions in a way that defies traditional theories of finance. In other words, it has taken on the form of a machine ecology — one that includes virtual predators and prey.

    When there’s a normal combination of prey and predators, he says, everything is in balance. But once predators are introduced that are too fast, they create extreme events.

    "What we see with the new ultrafast computer algorithms is predatory trading,” he says. “In this case, the predator acts before the prey even knows it's there."

    Johnson describes this new ecology as one consisting of mobs of ultrafast bots that frequently overwhelm the system. When events last less than a second, the financial world transitions to a new one inhabited by packs of aggressively trading algorithms.


    Your link, Dave, required logging in first to read it.

    Great new picture at the right top!