Stacy Summary: So, the entirety of Twitter has been hypnotised by green while Goldman Sachs transfers trillions in toxic waste to the balance sheet of those very same green iconed twitterers calling for others to be free! And yet they themselves are being imprisoned by intergenerational debt! While Goldman walks away with the biggest bonuses in their 140 year history!! This is just too awesome to be true. I am still uncertain whether to laugh or cry. Well, first let me try to appeal to the Iranian people to turn their twitter icons gold in support of those of us oppressed by the dictatorial Fed which has consolidated its power in the past week. If I can’t get them to go gold in support of financial freedom fighters, then my suggestion is go long oligarchy and short the peasants! Tomorrow!
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@Stacy .. ” Goldman Sachs to make biggest bonuses in 140 year history ”
Good morning ?
… hopefully, despite the disgusting news.
Sounds like a replay as described in The Creature/ Jekyll Island ! Something like :
… “The smaller ships went down in the storm while the JPM ( &GS ) Supertankers sailed back to port loaded with their cargos” …
Big Bankers cashing in BIG (again) while enslaving the honest citizens of the world in Debt !
Will Ron Paul succeed … I damn well hope so !
( despite Celente’s (probably accurate) negative opinion )
Not so much buisness as usual, more buisness is booming… for some. Last year usa spent $164 billion on it’s defence budget up 40% over the last eight years….I’ts good to know the money for important things is still available.
@Stacy .. Pirate Party
Maybe you didn’t see my post a few days ago on the fact that the German Pirate Party has now gained a Bundestag Representative, Jörg Tauss , who resigned from the SPD .
Here’s a link (finally) in English :
German Pirate Party gains first seat in country’s parliament
http://www.p2p-blog.com/item-1089.html
I consider this to be very important.
Why?
Because it has now given the German PP ( 1% in the Euro vote in Germany ) more Media exposure as an alternative party to the big established parties.
Many Germans did not vote .. due to the general disgust against politicians.
OTOH, it seems they didn’t give their vote to the Republican right wing either !
Who knows, maybe the German PP is a respectable alternative for all those conservative big party voters that refused to vote.
Elections coming soon .. my guess is the GPP will get more than 1 seat this time around.
FWIW
@Mr Supergeek – like I suggested, go long oligarchy; a clue to where to invest using this strategy is any company too big to fail
This is unreal. These oligarcs are destroying the economy completely. All this money is taxed from earned incomes. How can there be demand, production and wages, if all money goes to non-production?
Marx was completely wrong. Money does not accumulate into productive capital. It accumulates into non-productive capital. Instead of monstruous robotic factories, we will have feodalism and land slavery.
@ Phil: You asked “Will Ron Paul succeed” Yes and no. Yes in that he is exposing the FED.
No in that corporate mainstream media is not running it and if it becomes law Obama will veto it and claim it is in interests of National Security.
And that just sucks. The only hope is to make it veto-proof but without mainstream media running with it it makes the sheeple oblivious to it.
Does that mean the Oligarchs have won? I can’t accept that so I fight on but lately I am concentrating on the local off-line crowd.
TMA
PS Goldman Sachs senior execs should all be waterboarded!
Is this an episode of the Twilight Zone? Is any of this real? Any of it? Life? You? The banks were teetering on the edge of destruction and have now been raking in record revenues, record profits and awarding record bonuses with the complicity of the US Govt and a Democratic President (remember the little guy). And to add, the public sits stupified unable to think or understand this problem. So I write here on this blog — is it real…are you people real out there? Is this some great concoction or joke that I am not yet understanding?????
Thats nice. I wonder what they are going to do with their “bum steer” uranium investments in PY.
@The Mad Ape .. “Ron Paul HR1207″
I certainly HOPE he will succeed, but mentioned that Celente said to Max “he is doubtful”.
What then ?
If Obama and/or Congress does NOT support the audit, then it sends ( IMO ) a ver CLEAR signal that Washington is prepared to make fools of all American citizens.
Even the “rest of the world” is pretty much aware of the the FED and WS Bankster’s negative influence on the WW economy.
I would personally like to see a big Demo in Washington and on Wall Street … simultaneously … if only to watch how the MSM spin this one !
@ LA……..I know just how you feel. I often wonder if I’m really here or if I’m imagining what is happening. Sometimes I even wonder if perhaps I’m not meant to be here, ie. I’m from another planet where there is common sense and free thinking. You know like I’ve landed here accidentally.
@ Sharon:
http://www.youtube.com/watch?v=_eyFiClAzq8
TMA
By August GS will not exist.
More evidence of the completion of the encirclement. The worm has now turned and the Neo-Feudal Casino Gulag Plantation Economy has just made a giant leap forward!
Next will be a full frontal attack on Gold, Oil, Silver and other commodities. It is the only place that the informed slaves thought they could hide. Watch as the horrifying future unfolds as these last places of safety face a massacre of mind numbing declines at a speed of decline that will horrify those who thought they were covering all bases.
It will be truly an event that will shock to the core all that have not hedged. Look for this decline to occur at the same time that failed treasury auction takes place as the FR offloads deep storage and custodial paper in rapid succession.
I am sick to my stomach !!
This is so absolutely pathetic !!!!!
I work 2 jobs to make ends meet, and they get the biggest bonus’ ever !!!!!!! ON US !
Well, kudos to Paulson and the gang…
Lawdy lawdy…
Strange brainwave The Shortselling party.
When will the majority of the people get a sense of these massive scam schemes wich are right in ouer faces now? It seems only when oneself gets hit by the crises some sane thinking can get root.
If Americans fall for the dark force and attacking countries just for the sake of shooting more expensive cruise missiles to gulp up more taxpayer money in the Industrial Complex China maybe not so willing anymore to pay for their own encirclement and the dollar will be finished off. The Chinese just take the blow and in between are doing serious risk and hedge management by bying more gold and other commodities in wich Wall Street also want to get it’s fees and bonusses by jacking up prices by volitile contango and shortselling business which kills us all.
Anyone on these boards from San Diego/Southern California? Maybe we should all start figuring out who is nearby so when the sheeple turn into raving bands of savages with the full power of the state at their behest we can at least, you know….well, actually, i don’t even know. Have an endgame orgy?
Summer Ride Up? by Linda Smith, Top Producer Executive Editor
In at the least the short term, grain prices may be headed higher, believes Craig Haugaard, grain origination manager with South Dakota Wheat Growers. “It looks to me as if corn will go where crude oil goes, and Goldman Sachs now is predicting much higher crude oil prices into next year. With the funds coming in with bags of money, it is, to quote Yogi Berra, ‘Déjà vu all over again.’
“Last week, crude oil rose and the dollar fell and that was all it took to inspire buyers to come running back to the corn pit,” he says. “The funds picked up 10,000 corn contracts in a single day and the bulls were all doing the happy dance.”
Haugaard characterizes the dollar as the so-far hiding 800-lb. gorilla in the corn market. “I have to believe that the current policy of running the printing presses around the clock is going to result in a dollar that isn’t worth very darn much and commodity prices that soar as inflation runs rampant.”
http://www.agweb.com/TopProducer/Article.aspx?ID=151702
@DharmaBum
I vote for this “endgame orgy” idea cause of the word orgy in it. But what kinda orgy could that be? Naked Pastries puking streaking Brits whit pissing Durchies all around from their bikes? Forgive me for
Don’t short sell anything. Also, sell all stocks and land you have.
Get ready for a new August.
The International Accounting Standard Board (IASB) is working on new rules to spin losses with banks http://is.gd/197M1
Soon we will all be rich!
@ Carpathia
Sell all stocks – obvious to me – there is a crash coming that will dwarf our latest meltdown.
Sell all land – not so obvious, especially if you own free and clear title. Please explain it to me.
Also what do I do with my fiat currency? I have been investing in silver bullion and taking actual possession of it.
TMA
Att: The Mad Ape
If it is clear title, keep without worry. If you are in debt, get rid of it. Land prices will tumble.
Rodger with his farmland call… everyone knows Rodger is a double speak master… because that’s his job. If land is Brazil is so hot like what he’s saying… why the fuck isn’t it moving and the prices sliding? Lets put it this way… I’m seeing large slabs drop by 2/3rds in the last year and they still aren’t moving. They will move… but not yet.
Gold is OK, but hard currency is still a good place to be. DJIA = 1 ounce of gold. Gold isn’t going to 5,000 an ounce or 2,000 an ounce. The DJIA is going to Gold.
Max… is better off with cases of whisky.
Hyper inflation but with deflating prices.