tag:blogger.com,1999:blog-7982981413278241287.post3733635762925286425..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: State Of CollapseDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger33125tag:blogger.com,1999:blog-7982981413278241287.post-10755681237976326732013-02-13T12:31:26.190-07:002013-02-13T12:31:26.190-07:00Disability has indeed become the best strategy for...Disability has indeed become the best strategy for getting ahead in America. These freeloaders see themselves as the new "street-smart" Americans. <br /><br />They believe themselves entitled to get every "free" dime thay can. Many of them are NOT disabled at all. You can find many of them working-out at local gymns each day. They laugh at those paying for them.<br /><br />Lawyers have built an industry getting these losers free money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-6049963478255323722013-02-11T21:06:41.115-07:002013-02-11T21:06:41.115-07:00Mutually Assured Destruction: The Legacy of Timoth...Mutually Assured Destruction: The Legacy of Timothy Geithner -- and Robert Rubin<br /><br />One of the key subplots in any discussion of the TBTF banks is the rescue of Citigroup by Timothy Geithner. First at the Fed of New York and later as Treasury Secretary, Geithner only ever represented the interests of the political group surrounding former Citigroup Chairman and Treasury Secretary Robert Rubin. The Washington machinations of the Rubin political machine over the past two decades and more are a national disgrace, yet no one in the Big Media speaks of it in a significant way. Robert E. Rubin served as a Director of Citigroup from 1999 until he retired from the Board on April 21, 2009. Rubin also was a Member of the Office of the Chairman and Chairman of the Executive Committee of Citigroup from 1999 until he retired in April 2009. Rubin also served as Chairman of the Citigroup Board from November 2007 until December 2007. Rubin was involved in Citigroup's key strategic decisions and certain key business decisions relating to risk, and was responsible for increasing Citigroup's risk tolerance and use of off-balance sheet vehicles to hide subprime credit risk from the bank's investors. One only need read the first hundred pages of former FDIC Chairman Sheila Bair's 2012 book, "Bull by the Horns," to appreciate that the supposed bailout of the largest names in the banking industry via TARP was really a bailout of Citigroup and its board of directors, including Rubin and Dick Parsons, to name but a few. And now Secretary Geithner is apparently going to park at the Council on Foreign Relations to recharge his political battery and continue to participate in the defense of Wall Street.<br /><br />Consider the judgement of Simon Johnson in "The Legacy of Timothy Geithner" published on January 17 by The New York Times: "Rather than moving to change management, directors or anything about the big banks’ practices, Mr. Geithner favored more financial assistance – both from the budget (through various versions of the Troubled Asset Relief Program), from the Federal Reserve (through various kinds of cheap loans) and from all other available means, including insurance for private debt issues provided by the Federal Deposit Insurance Corporation." With the exit of Geithner from Washington we see Jack Lew, another Rubin minion and a committed Marxist-Lenninist who worked at Citigroup in the lead up to the debacle, taking over at Treasury. The migration of Lew to Treasury can only gladden the hearts of the folks at Goldman Sachs and all of the Rubin tendency on Wall Street, but it portends ill for reform of taxes or the financial services sector. Mark Gongloff writes in the Huffington Post: "The connection to Rubin is particularly troubling, as Rubin was the chief architect of the financial deregulation in the 1990s that helped set the stage for the crisis. Lew was not as close to Rubin as were Tim Geithner or Larry Summers, writes Michael Hirsh in the National Journal. But he at least owes Rubin for his big Wall Street payday." The one thing you can be sure about is that so long as Robert Rubin and his followers are calling the shots at the White House on financial policy, the economy is not going to recover and the bad actors that authored our shared national malaise will go unpunished. Consider the belated lawsuit filed by Obama's completely useless Department of Justice against S&P for losses suffered by insured depository institutions.<br /><br />http://us1.institutionalriskanalytics.com/pub/IRAMain.aspAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-30553095487890001112013-02-11T16:06:06.557-07:002013-02-11T16:06:06.557-07:00The disability advocates I talked to have a high s...The disability advocates I talked to have a high success rate in the 90's as well. The people I talked to that has got or are trying to get disability do have a lawyer. I don't disclaim that disability awards are increasing at a parabolic rate and that the ability of our country to afford disability declines everyday. But when I compare the news I read vs the experiences of the people involved in that sector or industry and the two views do not match, a "red flag" pops up saying there's something funny going on. If it was one or two people, then you simply count the majority but the majority here are saying they are having a difficult time. I wonder if some states are making it easier than others?Michael Jacksonhttp://outsourcingtheuniversitypress.com/noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-54286832089148970282013-02-11T13:09:00.974-07:002013-02-11T13:09:00.974-07:00The numbers nationally show the facts. Disability...The numbers nationally show the facts. Disability awards are increasing at a parabolic rate, the ability of our country to afford disability declines everyday. Notwithstanding what you Nevada agency claims, the numbers show differently. Maybe the people you know not getting it need to hire a lawyer. There's a law firm in Denver that runs late night tv ads claiming at 92% success rate with disability claims...Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-19008109088339474722013-02-11T12:20:49.547-07:002013-02-11T12:20:49.547-07:00Expecting the Unexpected: An Interview With Edmund...Expecting the Unexpected: An Interview With Edmund Phelps<br /><br />Q: So rather than live with variability, write a formula in stone!<br /><br />A: What led to rational expectations was a fear of the uncertainty and, worse, the lack of understanding of how modern economies work. The rational expectationists wanted to bottle all that up and replace it with deterministic models of prices, wages, even share prices, so that the math looked like the math in rocket science. The rocket’s course can be modeled while a living modern economy’s course cannot be modeled to such an extreme. It yields up a formula for expectations that looks scientific because it has all our incomplete and not altogether correct understanding of how economies work inside of it, but it cannot have the incorrect and incomplete understanding of economies that the speculators and would-be innovators have.<br /><br />Q: One of the issues I have with rational expectations is the assumption that we have perfect information, that there is no cost in acquiring that information. Yet the economics profession, including Federal Reserve policy makers, appears to have been hijacked by Robert Lucas.<br /><br />A: You’re right that people are grossly uninformed, which is a far cry from what the rational expectations models suppose. Why are they misinformed? I think they don’t pay much attention to the vast information out there because they wouldn’t know what to do what to do with it if they had it. The fundamental fallacy on which rational expectations models are based is that everyone knows how to process the information they receive according to the one and only right theory of the world. The problem is that we don't have a "right" model that could be certified as such by the National Academy of Sciences. And as long as we operate in a modern economy, there can never be such a model.<br /><br />Q: Do you get a lot of push-back from the economics profession on your views?<br /><br />A: I am far from being the only economist who has critiqued the premise of rational expectations. I’m just the main victim, since that approach drove people away from my approach -– from my emphasis that expectations are a driver of what happens in modern economies. Several economists saw that the emperor has no clothes. Oskar Morgenstern explained that rational expectations would be untenable in the modern world, and Friedrich Hayek got the point.<br /><br />http://www.bloomberg.com/news/2013-02-11/expecting-the-unexpected-an-interview-with-edmund-phelps.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-80783084786312202852013-02-11T12:02:45.848-07:002013-02-11T12:02:45.848-07:00Judge Rules Against a Bank - Precedent Could Cost ...Judge Rules Against a Bank - Precedent Could Cost Bank of America Billions<br />Published on Feb 10, 2013<br /><br />Bill Black: Judge rules that Flagstar, a big mortgage lender that gave "liars loans", is liable to insurance company - same issues at stake in Bank of America case<br /><br />http://youtu.be/DfJXxE6iQHAAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-30116327285495100772013-02-11T11:49:48.482-07:002013-02-11T11:49:48.482-07:00The "Savage Capitalism*" of Goldman Sach... The "Savage Capitalism*" of Goldman Sachs<br />Goldman Sachs's morality is based on the value of money:<br /><br /> "If you make money the center of your value system, then finally you have no value system because money is not a value." (quotation from Georg Simmel mentioned in The Moral Order article by Morris Berman in Counterpunch)<br /><br /><br />The Federal Reserve is complicit in this savage capitalism because it, too, has a value system based solely on money. The Fed has supported the insolvent banks and rigged the financial system to profit the banks and corporations as the expense of the population.<br /><br />The Federal Reserve policy is "the massive effort to save the financial system [for the] benefit of bankers and plutocrats while 'adequate' fiscal stimulus to solve the economic pain of the populace is nowhere to be found." (from End the Fed by Rob Urie in Counterpunch)<br /><br /> "However, [t]here is ample evidence of rampant lending fraud to feed the securitization pipelines of the Wall Street banks. (Rob Urie in End the Fed)<br /><br /><br />*Savage capitalism is a phrase used by Rob Urie in End the Fed<br /><br />http://www.goldmansachs666.com/2013/02/the-savage-capitalism-of-goldman-sachs.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-71708929042534366162013-02-11T11:44:20.538-07:002013-02-11T11:44:20.538-07:00"8,830,026: Americans on Disability Hits New ..."8,830,026: Americans on Disability Hits New Record for 192nd Straight Month"<br /><br />I talked with a disablitiy agency and they said that the government is making it harder to get on disability and that you have to be currently under a doctor's care. One lady I met at walmart says her daughter is partially paralysized and in a wheelchair and has all the doctor's notes saying she has MS and yet she has been denied by the judge 3 times. Yet another person I knew got it in 6 months for her knees and her knees are better than mine (but she drinks A LOT of beer so maybe that's why). And yet an elderaly lady nearby said it took her 4 years and several denials to get on the system.<br /><br />I don't argue with the article that its happening but it's not happening here in Nevada like that.Michael Jacksonhttp://outsourcingtheuniversitypress.com/noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-23103273517713451182013-02-11T11:27:56.128-07:002013-02-11T11:27:56.128-07:00Daniel Ellsberg "We Are Apart of A Death Squa...Daniel Ellsberg "We Are Apart of A Death Squad Country"<br /><br />http://youtu.be/7hxlzCrQJc0Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-39637217674230403592013-02-11T11:09:25.493-07:002013-02-11T11:09:25.493-07:00More Stealth Inflation as Maker’s Mark Slashes Alc...More Stealth Inflation as Maker’s Mark Slashes Alcohol Content<br /><br />They just ain’t making Maker’s like they used to. According to company, an apparent bourbon shortage has besieged the company leaving it no choice but to cut the alcohol content of their booze from 45% to 42%.<br /><br />I’m sorry, but this excuse reeks of marketing spin. What manufacturer decides to dilute their product when they face high demand, rather than just raise the price by 3% and keep the quality intact? In a world where horse meat is increasingly finding its way into “all beef” product, where biotech salmon is soon to hit the streets and where Subway’s foot long sandwiches are less than 12 inches, I’d be willing to bet this is simply just another case of good old fashioned stealth inflation.<br /><br />http://libertyblitzkrieg.com/2013/02/11/more-stealth-inflation-as-makers-mark-slashes-alcohol-content/<br /><br />STEALTH INFLATION ALLOWS THIS:<br /><br /><br />Fed's Yellen: Low prices allow unemployment focus<br /><br />WASHINGTON (MarketWatch) -- The fact that inflation is low allows the Federal Reserve to push forward on its efforts to lower the unemployment rate, said Janet Yellen, the vice-chairman of the central bank, on Monday. In a speech to a conference sponsored by the AFL-CIO labor union, Yellen said the past five years have been "the toughest that many of today's workers have ever experienced." While the job market is improving, the progress has been "too slow," she said. Long-term unemployment has had a devastating impact on workers' mental health and families, Yellen noted.<br /><br />http://www.marketwatch.com/story/feds-yellen-low-prices-allow-unemployment-focus-2013-02-11-139109<br /><br />BET YOU MRS YELLEN NEVER HAD A HORSE MEAT BURGER....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-82310898709410544932013-02-11T07:54:03.197-07:002013-02-11T07:54:03.197-07:00"The NDAA and the death of America"
An ..."The NDAA and the death of America"<br /><br />An update from Chris Hedges'supreme court hearing last Wednesday <br /><br />http://www.truthdig.com/report/item/the_ndaa_and_the_death_of_the_democratic_state_20130211//Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-2421815636826755082013-02-10T19:06:40.641-07:002013-02-10T19:06:40.641-07:00And then, GOD HELP US, he went and made a POLITICI...And then, GOD HELP US, he went and made a POLITICIAN !!!<br />AHHHHHGGGGGGGG !!!!Anonymoushttps://www.blogger.com/profile/06657360609873446106noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-719739926931310142013-02-10T15:45:17.864-07:002013-02-10T15:45:17.864-07:00***Important Notice - King World News Responds To ...***Important Notice - King World News Responds To Attack On Its Internet Site<br /><br />Powerful entities do not want our global audience to have access to the material that King World News provides. Each time KWN releases an interview from certain key sources, our internet site is attacked. This is the war that King World News has been fighting behind the scenes on the Internet. <br /><br />At this time I have decided to break my silence on this subject because of concerns that the latest events could be part of a much broader effort to suppress content on the Internet. The Internet must remain a place for free speech and free inquiry, let's hope it stays that way.<br /><br />KWN is protected by the top company in the world in this area and they now have us online with no malware and no problems. If you have been to the KWN Internet site in the past 48 hours, please erase the cookies and cache in your Internet browser and start fresh.<br /><br />We have two incredible interviews with Eric Sprott and Art Cashin on King World News this weekend. <br /><br />From all of us at King World News we would like to thank all of the readers and listeners for their patience, and the many sites around the world that reached out to assist KWN. With your help we fight on.<br /><br />http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/2/10_Eric_Sprott_-_Expect_%24200_Silver_As_Financial_System_Implodes.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-42647564308622752062013-02-10T15:27:24.602-07:002013-02-10T15:27:24.602-07:00Putin Turns Black Gold Into Bullion as Russia Out-...Putin Turns Black Gold Into Bullion as Russia Out-Buys World<br /><br />“The more gold a country has, the more sovereignty it will have if there’s a cataclysm with the dollar, the euro, the pound or any other reserve currency,” Evgeny Fedorov, a lawmaker for Putin’s United Russia party in the lower house of parliament, said in a telephone interview in Moscow.<br /><br />Gold, coveted by Russian rulers including Tsar Nicholas II and the Bolshevik leader whose forces assassinated him, Vladimir Lenin, has soared almost 400 percent in the period of Putin’s purchases. Central banks around the world have printed money to escape the global financial crisis, sapping investor appetite for dollars and euros and setting off a scramble for safety.<br /><br />In 1998, the year Russia defaulted on $40 billion of domestic debt, it took as many as 28 barrels of crude to buy an ounce of gold, Bloomberg data show. That ratio tumbled to 11.5 by the time Putin first came to power a year later and in 2005, after it touched 6.5 -- less than half what it is now -- the president told the central bank to buy.<br /><br />During a tour that November of the Magadan region in the Far East, where Polyus Gold International Ltd. and Polymetal International Plc have operations, Putin told Bank Rossii not to “shy away” from the metal. “After all, they’re called gold and currency reserves for a reason,” Putin said, according to a Kremlin transcript.<br /><br />http://www.bloomberg.com/news/2013-02-10/putin-turns-black-gold-into-bullion-as-russia-out-buys-world.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-30667427878923184072013-02-09T20:18:45.369-07:002013-02-09T20:18:45.369-07:00South America Goes Critical: Now Chavez Devalues C...South America Goes Critical: Now Chavez Devalues Currency: “This May Well Be the Lighting of the Proverbial Fuse… Everywhere.”<br /><br />One of our insightful readers, Just One Guy, explains:<br /><br /> This is a REALLY big devaluation.<br /><br /> The implications here are really not GOOD.<br /><br /> Venezuela is a smidgen on the map, but as a major OPEC nation, it will have – in short order – BIG implications in the global oil price, say 60 days… no more until the effect hits. In the meanwhile the Venezuelan government will enforce price controls internally while trying to skim the differential off it’s oil sales into the government’s coffers.<br /><br /> The net effect of this will be a stall in the consumer goods imports since the peoples wages will NOT increase…<br /><br /> A very short clock is now ticking since this will ripple through ALL of South America in VERY short order…<br /><br /> This may well be the lighting of the proverbial fuse… everywhere.<br /><br /> Further ‘Nationalizations’ will begin happening and will spread rapidly throughout the continent… as that happens Europe’s life-blood will trickle to a halt.<br /><br /> Our investors will be affected too, but Europe’s sole profitable business’s are overseas…many in South America.<br /><br /> So it begins…<br /><br />Argentina and Venezuela, two of the region’s largest commodity exporters, just went critical. It will spread. As we noted previously, nationalization efforts were already under way before this week’s developments.<br /><br />http://www.shtfplan.com/headline-news/south-america-goes-critical-now-chavez-devalues-currency-this-may-well-be-the-lighting-of-the-proverbial-fuse-everywhere_02092013?<br /><br />do you think Chavez has a plan for all that gold he took possession of?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-70298889169745924732013-02-09T18:17:40.218-07:002013-02-09T18:17:40.218-07:00Americans are so ignorant of their past. The sove...Americans are so ignorant of their past. The sovereign rights movement was the main engine of the English Civil War to give individuals their sovereign rights under the common law. This was overthrown and defeated by the bankers support for Cromwell. The French Revolution again took up the war for sovereign rights. The American Revolution led to the French Revolutionairies forcing onto the British Crown (owned by the Dutch banking class) sovereign rights for the American people which they enjoyed for a short period of time. Banking forces within American forced upon an unwilling public a Certificate of Indentured Servitude in exchange for their sovereign rights which is called the Constitution of the United States and the Bill of Rights. These are truely Orwellian terms as everyone from John Locke onwards knows that these so called rights are in fact duties which replaced the populations sovereign rights given by the French Revolutionaries with a slavery agreement. The legal framework of which is the birth certificate or entry visa which are in reality just wharehouse or cargo receipts for slaves. This process was finally completed with the Federal Reserve which made every slave pay a tax directly to the Foreign owned banking masters called the income tax and set the stage for the full introduction of the debt based fiat currency system pioneered in Holland and then England.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-72922854742088610432013-02-09T13:36:33.337-07:002013-02-09T13:36:33.337-07:00For Some Landlords, Real Money in the Homeless
Wi...For Some Landlords, Real Money in the Homeless<br /><br />Willy Machan acknowledges he is a gadfly, someone who writes bristling letters to local officials to get conditions improved in his grim single-room-occupancy building. But he was surprised by what his landlord offered last July to persuade him to move out of the room he has lived in since 1984 and for which he pays $371 a month.<br /><br />If you are not happy, I will give you $25,000 cash,” he recalled the landlord’s representative telling him.<br /><br /> Though barely getting by on Social Security, Mr. Machan, a 68-year-old retiree, turned down the offer, saying he had nowhere else to go. But some of his neighbors in the building on the Upper West Side of Manhattan — where the 71 rent-paying residents share bathrooms and there is no kitchen — told others they accepted similar cash payouts with the excitement of lottery winners and quickly vacated.<br /><br /> The landlord, Alan Lapes, was clearing out these tenants to accommodate a group of people not often regarded as desirable: New York’s homeless.<br /><br />The city’s Department of Homeless Services pays many times the amount the rooms would usually rent for — spending over $3,000 a month for each threadbare room without a bathroom or kitchen — because of an acute shortage in shelters for homeless men and women.<br /><br />Indeed, the amount the city pays — roughly half that amount goes to the landlord, while the other half pays for security and social services for homeless tenants — has encouraged Mr. Lapes to switch business models and become a major private operator of homeless shelters. He is by most measures the city’s largest and owns or leases about 20 of the 231 shelters citywide. Most of the other shelters and residences are run by the city or by nonprofit agencies, but his operation is profit-making, prompting criticism from advocates for the homeless and elected officials.<br /><br />http://www.nytimes.com/2013/02/09/nyregion/for-some-landlords-real-money-in-the-homeless.html?_r=0<br /><br />oh those bad poor people...always taking advantage of the wealthy...wait till they privatize soup kitchens with the recycled urinal water they try to pawn off as consommé. Wonder what they'll get for a bowl of that?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-89451110744989308672013-02-09T13:18:16.967-07:002013-02-09T13:18:16.967-07:00‘Rain Man’ claims Libor scandal ‘goes much higher’...‘Rain Man’ claims Libor scandal ‘goes much higher’<br /><br /> In an email the Justice Department released when it settled with UBS, Hayes, admitting his request was a “bit cheeky,” asked a trader to raise the rate in the Libor submission from the trader’s bank. “Anytime I can return the favour let me know as the guys here are pretty accommodating to me,” Hayes wrote. The unidentified other trader replied, “I will try my best.”<br /><br />As one of Tokyo’s biggest derivatives traders, Hayes was a coveted customer of brokerage firms that match buyers and sellers. Soon, Hayes roped certain brokers, too, into his Libor-massaging effort, according to the Justice Department. The DOJ said that after discussing the strategy with his UBS boss, he started asking the brokers to help influence other banks’ Libor submissions. In exchange, he routed transactions and sometimes cash to the brokers, according to the Justice Department and other regulators.<br /><br />The strategy wasn’t a secret. Each morning at a meeting of UBS’s interest-rate-derivatives desk in Tokyo, Hayes told colleagues which way he planned to push Libor that day, according to the Justice Department. Hayes was so open about his strategy that he would change his status on his Facebook page to reflect his daily desires for Libor to move up or down, said a person familiar with the matter.<br /><br />Though generating tens of millions of dollars a year in revenue, he worried his bosses weren’t satisfied. “Have had ok year but management still pushing me for more,” he wrote to a trader at another bank in November 2007, according to the CFTC.<br /><br />As Hayes brought in more revenue, UBS loosened the reins.<br /><br />The bank let him take so much risk that he could lose up to $3 million for every hundredth of a point rates moved, said people familiar with the matter. <br /><br />http://www.marketwatch.com/story/rain-man-says-libor-scandal-goes-much-higher-2013-02-09?pagenumber=1<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-22147564664172938772013-02-09T09:20:03.917-07:002013-02-09T09:20:03.917-07:00Gold vending machine in Boca Raton may be first of...Gold vending machine in Boca Raton may be first of many<br /><br />The gold vending machine is back at Town Center of Boca Raton.<br /><br />Just outside of Burberry, Tory Burch, Stuart Weitzman and Banana Republic stores in the corridor next to the Brahman Motors Bentley display is a six-foot-tall golden box that dispenses 1 gram to 10 grams of gold.<br /><br />Meris Kott, managing director of PMX Gold Bullion, said the machine was placed at the mall Jan. 4 and the company has a year lease. The company used a German machine about two years ago for a trial run at Town Center. This time PMX Gold Bullion Sales, based in Boca Raton and a subsidiary of publicly listed PMX Communities Inc. (OTC BB: PMXO, 7 cents), had its own machine designed.<br /><br />Another machine will be placed in a Florida mall in the next few weeks, Kott said. Her goal is to have 10 to 12 machines placed in various malls by the end of June.<br /><br />http://www.palmbeachpost.com/news/business/gold-vending-machine-in-boca-raton-may-be-first-of/nWHbY/<br /><br />lots of South Americans in S. Florida, hmmm?...see VenezualaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-27542852681517164062013-02-09T09:09:38.557-07:002013-02-09T09:09:38.557-07:00So God Made a Banker
http://youtu.be/rCkIgBfP1I4
...So God Made a Banker<br /><br />http://youtu.be/rCkIgBfP1I4<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-68223109696003044952013-02-09T09:04:32.588-07:002013-02-09T09:04:32.588-07:00You can’t make a burger for 50 pence (08Feb13) (if...You can’t make a burger for 50 pence (08Feb13) (if you’re paying more: 1) you’re buying substitution like horse meat 2) this is primarily a story about inflation & QE in the UK)<br /><br />http://maxkeiser.com/2013/02/09/you-cant-make-a-burger-for-50-pence-08feb13-if-youre-paying-more-1-youre-buying-substituion-like-horse-meat-2-this-is-primarily-a-story-about-inflation-and-qe-in-the-uk/<br /><br />Think about all the food deals you see...what are they giving you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-27673903750061970182013-02-09T08:53:25.517-07:002013-02-09T08:53:25.517-07:00The Exterminators
by PAUL CRAIG ROBERTS
In the 21...The Exterminators<br />by PAUL CRAIG ROBERTS<br /><br />In the 21st century Americans have experienced an extraordinary collapse in the rule of law and in their constitutional protections. Today American citizens, once a free people protected by law, can be assassinated and detained in prison indefinitely without any evidence being presented to a court of their guilt, and they can be sentenced to prison on the basis of secret testimony by anonymous witnesses not subject to cross examination. The US “justice system” has been transformed by the Bush/Obama regime into the ”justice system” of Gestapo Germany and Stalinist Russia. There is no difference.<br /><br />In an article available here: Stephen Downs, formerly Chief Attorney with the New York State Commission on Judicial Conduct and Kathy Manley, a criminal defense attorney and member of the New York Civil Liberties Union, report on how the US government destroyed a charity, the Holy Land Foundation, which provided money for feeding the poor and for building schools and hospitals in Palestine.<br /><br />The charity, aware of the perils of being based in the US and doing anything for Palestinians, relied on the US State Department and the US Department of Justice (sic) for guidance on where to send humanitarian aid. The charity sent its aid to the same aid committees in Palestine that the US Agency for International Development and the UN used to distribute aid to the Palestinians.<br /><br />Injustices are everywhere, the authors admit, so why is this important to you? The answer is that the due process clause of the US Constitution requires that criminal laws give fair notice as to what conduct is prohibited. According to Downs and Manley, the Holy Land Foundation followed the US State Department’s list of designated terrorist organizations and avoided all contact with organizations on the list, but were indicted and convicted regardless. This tells us that federal prosecutors are viciously corrupt and that jurors are so inept and propagandized that they are useless to defendants.<br /><br /><br /><br />http://www.counterpunch.org/2013/02/01/the-exterminators/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-18432049361648268642013-02-09T08:37:38.222-07:002013-02-09T08:37:38.222-07:00 Neil Barofsky Tells Jon Stewart How the Ego and N... Neil Barofsky Tells Jon Stewart How the Ego and Narcissism of Washington Preserve a Broken Status Quo<br /><br />Hope you enjoy this chat. I did, despite its predictably depressing conclusion. Stewart and Barofsky do a good job of conveying how DC works and why that guaranteed “a thoroughly broken financial system” would stay intact.<br /><br />Read more at http://www.nakedcapitalism.com/2013/02/neil-barofsky-tells-jon-stewart-how-the-ego-and-narcissism-of-washington-preserve-a-broken-status-quo.html#t5jBscF1rZpbDHXx.99 Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-5291363968119280712013-02-09T07:32:21.089-07:002013-02-09T07:32:21.089-07:00I concur with Chris Hedges that Obama is a Madison...I concur with Chris Hedges that Obama is a Madison Avenue contrived "brand". A brand well accepted internationally, as the idea of a black president "struggling" against "the system" does very well in Germany and (apparently) elsewhere. It is Hedge's Empire of Illusion that comes to mind.<br /><br />As far as true leadership it may be that the last true leader we had as president was JFK. Look where that got him.<br /><br />But I don't "blame" Obama for the problems of today, nor do I simply accept that he "inherited" those problems. Both ideas are irrelevant for our debt based dollar reserve international monetary and financial system. Rather, simple mathematics prevails.<br /><br />Debt will parabolically expand until the system collapses under the strain of combating debt with nothing more than more freshly issued debt.<br /><br />Therein lies the TRUTH IN GOLD. Gold alone will "lead" once it is freed from the high priests of fiat. In essence a new money religion will be born again.Anonymoushttps://www.blogger.com/profile/06657360609873446106noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-353532996252009722013-02-09T00:08:54.715-07:002013-02-09T00:08:54.715-07:00I believe that the sooner this system implodes,the...I believe that the sooner this system implodes,the better.<br />I worked hard for 30 years and thought I was contributing to<br />a worthwhile system. In 2005, (when I turned 50)I headed down the<br />rabbit hole......<br />Now I am considering food stamps, disability, the whole shiteree just to <br />bring this madness down a bit faster. Never thought I would say this, but,<br />going on the dole as a form of protest. Bring on obamacare, bring down the system!!Anonymousnoreply@blogger.com