Stacy Summary: ‘Economic provocateur’ is how the WSJ refers to Faber.
He, like Warren Buffett, Nouriel Roubini and others, thinks the dollar is destined to erode, though Mr. Faber said it could rebound over the next few months as signs of deflation stick around. “The dollar in the long run is a doomed currency,” he said. “This is the short of the century…The government’s policy is to make it worthless.”
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“going forward”…in the medium-long term, does anyone with a sophisticated marco understanding of the global economy think Zimbabwe could have a medium-high level of relative potential (yes i know things r quite mucked up there now obviously…)??
A new angle on the polanski affair
http://mikephilbin.blogspot.com/2009/10/roman-polanski-arrested-for-making.html
The issue was and is the recent Security Council nuclear resolution requiring Iran to heed the previous UN Security Council resolutions denying Iran the right to enrich uranium:
“In Tehran on Wednesday, President Mahmoud Ahmadinejad said Iran would be willing to buy enriched uranium “from whomever will sell it to us” — suggesting a possible willingness to compromise on the issue of enrichment. A senior American official said the international community would consider such a proposal, saying it wanted “tangible steps” in its negotiations with Iran.”
http://www.nytimes.com/2009/10/02/world/middleeast/02nuke.html?_r=1&hp
Resolutions: UN SC 1691
UN SC 1747
UN SC 1887
http://www.un.org/Docs/sc/unsc_resolutions09.htm
Interesting that the European Union was at the table along with the five countries sitting on the Security Council at the UN +Germany
oops typo on the 2006 UN SC resolution should read 1696 not 1691
http://www.un.org/News/Press/docs/2006/sc8792.doc.htm
http://www.aipac.org/Publications/AIPACAnalysesMemos/Iran_Rejects_U.N._Security_Council_Demand_to_Halt_Uranium_Enrichment.pdf
@Max .. great find / “The Ghost” movie by Polanski !
LOL … now that would explain a few things !
Here’s the only Trailer I could find so far :
http://www.youtube.com/watch?v=k3YLqO1LKMI
sucks they left out bit of you speaking about his films
I’m totally in agreement with Max on the blatant vilification of Polanski by the powers that be,…and can see how easily they(the powers that be) can manipulate the publics mind into a frenzied hullabaloo,………
PS,…I don’t advocate child abuse or any other forms of abuse in any way shape or form.
PPS……….but i do like to take the piss every now and again : 0
@d3do
ditto!!!
hey that could be my new name for you…never thought of that cheers…Ha HA..DITTO!!”
Ambrose Evans-Pritchard: does the EU club have a future?
The economic crisis has transformed the global economic landscape. The dreams of a decade ago now seem grandiose, says Ambrose Evans-Pritchard.
http://www.telegraph.co.uk/news/worldnews/europe/6189918/Ambrose-Evans-Pritchard-does-the-EU-club-have-a-future.html
Noticed that Blair’s name is only mentioned in the comments !
hahahaha
must watch
http://www.youtube.com/watch?v=zhhkF3dqXR0&feature=channel_page
@frances
Some key points:
UNSC 1696 – “The Council endorsed the proposals . . . for a long-term comprehensive arrangement, which would allow for . . . the establishment of international confidence in the exclusively peaceful nature of Iran’s nuclear programme.”
UNSC 1887 – “11. Encourages efforts to ensure development of peaceful uses of nuclear energy by countries seeking to maintain or develop their capacities in this field in a framework that reduces proliferation risk and adheres to the highest international standards for safeguards, security, and safety;
12. Underlines that the NPT recognizes in Article IV the inalienable right of the Parties to the Treaty to develop research, production and use of nuclear energy
for peaceful purposes without discrimination”
There is nothing in any of those resolutions that Iran is in violation of, seeing as how the IAEA Additional Protocol is voluntary and non-binding. Iran was required to notify the IAEA at least 180 days in advance of any nuclear facility going online, and it did just that. They also quickly agreed to UN inspection for the new facility – http://www.presstv.ir/detail.aspx?id=107506§ionid=351020104
The idea that this facility at Qom is a surprise is nothing more than Western propaganda. Iran has repeatedly met or exceeded the demands made on it by the IAEA regarding the NNPT, including installing IAEA cameras in their nuclear facilities, to whit – http://news.yahoo.com/s/afp/20090926/wl_afp/irannuclearpolitics http://www.ipsnews.net/news.asp?idnews=48649 and http://www.guardian.co.uk/commentisfree/cifamerica/2009/sep/25/iran-secret-nuclear-plant-inspections
Good luck getting the Chinese (http://www.nytimes.com/2009/09/30/world/asia/30china.html?ref=world and http://www.washingtonpost.com/wp-dyn/content/article/2009/09/29/AR2009092903697_pf.html) or the Russians to say otherwise (http://www.nytimes.com/2009/09/28/world/middleeast/28russia.html). Especially in light of stories like this – http://www.guardian.co.uk/world/2009/sep/30/iranian-nuclear-weapons-mohamed-elbaradei
In short, the West and her paid whores at the UN can huff and puff all they like, they can forget about getting Russia or China giving their blessings for anything more than token sanctions. Of course, all this may be ignored just like the last time (Iraq). In that case, we’ll all get what we deserve.
Anybody in Netherlands that knows about DSB bank and a possible run at the bank?
http://tickerforum.org/cgi-ticker/akcs-www?post=112905
@alister
this one is better “government can”
http://www.youtube.com/watch?v=LO2eh6f5Go0
Oy, another comment awaiting moderation. I really must learn to contain my enthusiasm.
Indonesia Faces Bigger Tsunami-Triggering Quake, Geologist Says
http://www.bloomberg.com/apps/news?pid=20601086&sid=aC_Ig7zpUgSs
The Ring of Fire .. hopefully now the start of supervolcanic erputions !
Correction@The Ring of Fire .. hopefully now the start of supervolcanic erputions !
The Ring of Fire .. hopefully NOT the start of supervolcanic erputions !
Of course !!
@Phil: Why did Ambrose ignore the extraordinary representation for the EU at the new G20 world government?
All countries are represented by their central bank heads at the G20. European Union has a seat.
Membership
The G-20 is made up of the finance ministers and central bank governors of 19 countries:
Argentina
Australia
Brazil
Canada
China
France
Germany
India
Indonesia
Italy
Japan
Mexico
Russia
Saudi Arabia
South Africa
South Korea
Turkey
United Kingdom
United States of America
The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis.
@Phil:
Why didn’t Ambrose mention the extraordinary representation of the EU at the new G20? Each EU country has their central bank head and finance minister as representative and then the joint representation is achieved:
The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20.
http://en.wikipedia.org/wiki/G-20_major_economies
sorry it repeated!
@Frances,…….Is it a coincidence that the “chair”which is part of a revolving three-member management group of past, present and future chairs,is referred to as the “Troika” which is a term popularized during the Stalin era ? Or is this where we’re heading,…
@phil
RE:music:
cheers really…I haven’t yet checked cosmic youtube clips but will later!!!
Saw this and thought of you.
St Andrews scientists find mysterious dark matter link.
http://tinyurl.com/yczyy2t
FYI: A source in Asia tells me that when Faber isn’t on the road pushing his “Dr. Doom” message, he’s in Chang Mai, surrounded 24/7 by his harem of Thai ladies. Which is probably paid for by his stash of gold (which he probably bought from Gordon Brown). Connections are everything….
@frances … ” Why didn’t Ambrose mention the extraordinary representation of the EU at the new G20? ”
Because things are not always what they appear to be !
i.e. “unity” !
I think this piece from the article said everything :
Strasbourg’s Babel house has no unifying language or political culture
ad this piece :
..
..
Greater Europe has slipped relentlessly. The Western part is still rich, but counts ever less in world affairs as ageing takes it toll. The United Nations expects America to add 100 million people by 2050: Germany will contract from 82 million to 70 million. Italy will shrink. Eastern Europe faces implosion. This is not fertile demography for hi-tech invention.
..
..
The Great Recession of 2008-2009 may have humiliated Anglo-Saxon capitalism but the German and Italian economies have shrunk by almost twice as much as the US from peak to trough. As will become clear, they also lack the labour market springs of quick recovery. The Bundesbank fears it will take until 2013 for Germany to regain its former output. Will Italy ever do so?
Ambrose thinks – as I do – that the idea of a unified Europe in the sense of USEurope is a dream that cannot be achieved – neither culturally nor economically. The mistrust of each other (nationality) is still there today IMO.
e.g. The Germans love Italy, but regard the Italians as lazy and frivolous economically and laugh at their political system. The EU gives everyone the right to reside and work anywhere they want. This may seem like a good idea at first, but you find that it mostly the “losers” than tend to relocate in search of an easier existence elsewhere ; and regarded as spongers off the (local hosting) state. I am not biased – just my observations ! Maybe that will change in the future , as the “majority” of youngsters these days do not know what “real hard work” is – and do not believe in a work ethic. i.e. all spoiled and expect the state to look after them , that is : if they even leave home ( in Germany , it’s a disease ) !
There is even a regular TV series about “how to get your German kid(s) to leave home “.
I’m diverging .. I know
In my day, when people left home at 18 for University in the UK, they’d choose a Uni as far away as possible from their parents. In Germany, it’s exactly the opposite !
Many German students live at home until 35 or later !
.. and degrees take MUCH longer here .
I remember when I interviewed 30 maths students for a job at the Co. I worked at in 1979. The “youngest” was 28 !!(older than me )!! It turned out he was married with 2 kids, living at home and had “just” graduated !
Zero experience of real life !
FWIW
China sov Fund locking up rare earths
Gotta getme sum o doz rare erfs..will be the future
http://www.chinadaily.com.cn/china/2009-09/24/content_8733342.htm
@phil
If problematic this is the direct link!!
‘Gravity researchers say new findings could ‘revolutionise’ our understanding of gravity.’
http://tinyurl.com/y9lxxan
What a joke
“The issue began with a short letter to United States customs officials last December from the small American subsidiary of a Spanish energy company. The subsidiary, GES USA, wanted to know what the tariff would be to import certain solar panels from China.
On Jan. 9, the customs agency wrote back that the panels had become too sophisticated to qualify for duty-free import. Instead — because the panels contain a basic electronic device for safety and energy efficiency — they would be treated as electric generators, subject to a duty of 2.5 percent.”
http://www.nytimes.com/2009/10/01/business/global/01tariff.html?_r=3&ref=business
And now, a message banned TWICE by Craig’s List:
Today is the 60th anniversary of the Chinese Communist Revolution. it’s also National Be Nice to a Socialist Day.
Why should you be nice to a socialist? Because socialists get a bad rap.
Everything’s their fault. The economy is their fault. Single payer health care is a “socialist” idea. No it’s not. It’s a human right that the rest of the world understands. And, Obama’s a Socialist.
He’s NOT A Socialist! Misguided, yes. But definately not a Socialist.
Hug a Socialist. You’ll feel better.
@Supergeek .. Thx for the link on Dark Matter.
http://news.stv.tv/scotland/126875-st-andrews-scientists-find-mysterious-dark-matter-link/
BTW … I mentioned before about a book I read years ago …
The Dark Side of the Universe: A Scientist Explores the Mysteries of the Cosmos
by James S. Trefil
http://search.barnesandnoble.com/The-Dark-Side-of-the-Universe/James-S-Trefil/e/9780385262125
In the book, there is a Map of all matter in the Universe which looks like a picture of Davinci’s picture here …
http://de.wikipedia.org/w/index.php?title=Datei:Da_Vinci_Vitruve_Luc_Viatour.jpg&filetimestamp=20071011091120
Also worth a read – for non maths people, I can recommend this book : The Divine Proportion
http://www.amazon.com/Divine-Proportion-H-E-Huntley/dp/0486222543/ref=sr_1_1?ie=UTF8&s=books&qid=1254422761&sr=1-1
Or here :
http://books.google.de/books?id=rF0cj1I5KQcC&dq=the+divine+proportion&printsec=frontcover&source=bl&ots=YcshmLpH6L&sig=Dxq9fMnyyt-U3Wy2A6ojm_awL6I&hl=de&ei=WPjESonXD4nc-QbL4eE-&sa=X&oi=book_result&ct=result&resnum=3&ved=0CBoQ6AEwAg#v=onepage&q=&f=false
You’d be amazed of the symmetries of nature – explained in easy maths .
Short summary :
Can one write a whole book about a number? Well this book is basically about the golden ratio ( [1 + sqrt(5)]/2 = 1.618…]), usually represented by the greek letter “phi” (and I’ll refer to this number here as phi). The book gives tons of examples where phi shows up, and it does amazingly show up in places where one might never expect it. But the book isn’t just a pile of examples. As the title implies, it is also about math and aesthetics. There are some interesting historical notes and art/aesthetics commentaries from the author. Huntley proposes (and I might be oversimplifying a bit here) that phi is a universal number of beauty, since it manifests itself in many aesthetically pleasing things, from patterns in nature to famous artwork and architechture. He also points out lots of purely mathematical curiosities of phi (like the connection between it and the fibonacci sequence, continued fractions, etc.)
regarding the universe, check out these links i posted the other day: the whole Big Bang Theory is – allegedly – entirely flawed (and NO i am not a creationist) because it is all premised on the idea that the universe is currently expanding which, according to iconoclastic scientific geniuses, is not in fact the case.
The Big Bang from a Plasma Perspective
http://www.youtube.com/watch?v=RPYz3iWmyLo
Hannes Alfvén, Plasma and Electromagnetism in Space
http://www.youtube.com/watch?v=5BLPvs3JTyA
@Phil:
Thank-you for such a learned response! I think the ties are not tight but loose and will deal with trade regulations and bank decisions, as always. The difference will be the lack of walled structure between countries due to a diminishing of sovereign restrictions on trade and code regulations (which will be set by the bankers internationally now) and an increase in banking regulatory structure emanating from the BIS hub. Universal everything. Culture will be downplayed for community values.
The other difference is the diminished US input. A big plus, n’est-ce pas?
@Phil:
And you are very patient.
@Dedo:
More like imperial star fleet command jerk off as Guiseppi termed it.
New Martin Armstrong letter from prison, interesting read.
“Attack on Swiss tax haven laws by US may be harbinger of the end of liberties”
http://www.martinarmstrong.org/economic_projections.htm
@frances … “Universal everything. Culture will be downplayed for community values”
Good line .. because it explains why the problems start.
Students I knew in Germany ( Bielefeld ) in the 70′s had the German Eagle ( Bundestag banner ) shown as a Bar-Code Eagle.
i.e. the state would like everyone to conform … like a commodity in a supermarket that can be scanned using BarCodes . How right they were , 30 years later !
@alister … Supertramp ! .. Wow , that brings back memories ! BTW.. the music in the Hannes Alfven was also very good.
As to BBT etc ., it’s amazing that Einsteins work – 90 years ago – has not been extended. Considering we are supposed to be the “information age” compared to Einstein’s era where even a Computer was science fiction !!
Maybe there are new “undiscovered” Einsteins already out there … or in the case of Hannes Alfven, already gone.
I am NOT a fan of Hawking BTW !
On the subject of computers … and Micheal Ruppert’s “Crossing the Rubicon” ….
… I was rather disappointed to see him give so much weight to the “PROMIS” software from the 1970 era.
It was apparently sold to everyone as being the absolute secret weapon of Artifical Intelligence Software that could analyze everything in any human language. A sort of Super-Human Google !
Well … I can only laugh out loud at that one.
a) the state of “computing” hardware in the 70′s was like having the power of a HP-calculator of today !
b) the totally overhyped AI-software has been a complete failure ever since it began
People who talk about AI-software have no idea about software development.
I have ALWAYS held the opinion that to develop software on our “binary” system is a “compete fool”‘s errand !
Even it was remotely possible, the code would have to be larger than the complete Internet dta volume.
The only “sensible” way is to scrap the binary-based computing we have become so used to and start thinking in terms of “biological” storage. e.g. complex organic molecules that can have 10′s of thousands of “reactions” to 10′s of thousands of “impulses” ( much like our human brain is set up ) rather than trying to use a binary basis of “Yes” or “No” ( 1/ 0 ).
I might seem a tad arrogant here .. but believe me, AI is just a sales gimmick, and nothing more !
.. at the moment !
@WL … ” New Martin Armstrong ”
Yes, amazing guy !
I’ve read a lot of his stuff !
Apparently he was jailed to keep him “out of the way” … he knew too much about the PTB’s shady deals !
Surprised that Catherine Austin Fitts hasn’t contacted him … yet !
BTW … Is he “still” in prison ? … judging by the typewriter stuff he keeps producing, I guess so !
uummmm… I listened to an old clip of Max on the Alex Jones show a couple weeks ago. SInce then I’ve been listening to it live on and off to see what it was about. Today they are FREAKING out over there about the American Police Force taking over a town in Montana. There is prison facility that was built on an indian reservation that will be run by APF and is going to be used for Guantanamo prisoners and dissidents. because it’s on the reservation, the constitution doesn’t apply. the members of APF are all from other countries (German, Brits, Serbs) and they are affiliated with Blackwater. They have been running rough shod over the town for the last couple of days and they have divided the town by paying off officials. The town is despirately poor and they want the jobs that come with the facility
http://www.infowars.com/exposed-american-police-force-is-a-blackwater-front-group/
@WL … ” Martin Armstrong ”
I thought this part was beautifully written :
…
Herbert Hoover wrote about the Great Currency Crisis of 1931. He said capital acted like a loose canon on the deck of a ship in the middle of a torrent. They knew not which currency would be hit next. For capital was rushing from one currency to the next as nations defaulted or were suspected from going to default. They could not form a committee fast enough to even figure out what was going on, no less solve it. Most historians omitted this event , because it did not support their Marxist views that our government is our salvation….
@phil
Before the late 80′s “supercomputing” was a closely guarded state secret in the US, Russia, UK, Sweden, etc. Until about 1988 the gap between NSA-KGB computing power and consumer computing power was about twenty years, today it’s maybe a year or two at the most.
There are NSA servers running Today, built in the early 70′s, that have never even been REBOOTED. So I would give Ruppert quite a bit of latitude regarding the PROMIS database software – essentially a Trojan Horse back-door for infiltrating less sophisticated intelligence agencies, as Kanada found out several years ago when the RCMP investigated this matter, and which was quietly dropped a few months later.
And if you doubt my assertion about computing power, simply consider the fact that as far back as the late 50′s the US and Russia had ICBMs with 1000 meter accuracy…hell, both countries, along with Norway, had fucking Cell Phones in 1953!
I forgot to ask my question in my previous post!
How reliable is Alex Jones and reporting by him?
@ marietta
Alex Jones predicted 9/11 six months before it happened. I have no problem with his bona fides.
THe radio broadcast that i’m refering to is being rebroadcast right now for those that are interested
http://www.infowars.com/
Live link to rebroadcast is on lower left
@Ilya Kuryakin … “And if you doubt my assertion about computing power, simply consider the fact that as far back as the late 50’s the US and Russia had ICBMs with 1000 meter”
Ilya, the computers of the 50′s etc. were analogue based.
Steering a ICBM is no problem using analogue systems .
I used to have a free account on the Cray in Paris .. and come from the supercomputer compound.
But it was the software I was mainly discussing.
BTW. Ruppert stated that the PROMIS software was even packaged and sold ( to the US Justice for example ), so it can’t have been reliant on a “Supercomputer” as such !
Also, having literally lived through all these IA hypes, that have always failed, I am especially skeptical of such claims about “a software that can basically analyze everything” .. its just a very stupid statement !
@WL … Pages 11 & 12 of the Armstrong article is also a must read !
That guy amazes me with his brilliance !
Apparently he was “the” political/financial guru before they “took him out” .
He was “taken out” for refusing to cooperate on a crooked deal with the PTB !
i.e. after having been told what the deal was , they couldn’t let him go , so either he had to “do” the deal , or get disposed of. They even tried to kill him while he was in prison !
@WL … Martin Armstrong
WL, have you read all his other articles ?
i.e. do you follow his work ?
Just interested !
.. and recommend that everybody reads some of his stuff .. just amazing !
@Ilya
Well, the story they are reporting right now is alarming.
Jones said that major networks are there now grilling local officials. wonder how the story will be sanatized?
@alister
I’m sorry I made a mistake yesterday RE:the great links you left for me yesterday…cosmic joke on me!!!
I meant to leave the following response (below) for you not phil..I don’t know how I got mixed up..eye test tomorrow
@phil-(by mistake)
yeah…you’re bloody well right…and don’t even get me started on the crime of the century!!!
@phil-today
yeah…can’t listen to em now…but the soundtrack to my perfect childhood summer 1974/5 in torquay 6 weeks of pure childhood bliss!!!
here is a USA today summary
http://blogs.usatoday.com/ondeadline/2009/10/a-secretive-outfit-called-the-american-police-force-is-taking-over-the-never-used-prison-in-hardin-mt-that-was-briefly-con.html
@max keiser
”
A new angle on the polanski affair
http://mikephilbin.blogspot.com/2009/10/roman-polanski-arrested-for-making.html”
Not quite so “new”: as i wrote here several days ago, I thought his arrest was purely on Ideological grounds based on his past exposure of cultish elite behaviour in his films, in particular Rosemary’s Baby, Chinatown, and the Ninth Gate.
They don’t like him and they sure as fuck don’t like what he has to say. This new film sounds like another reason…will have to investigate.
Signs of green shoots in the US economy have yet to show up in analysts’ forecasts for third-quarter earnings, raising concerns that investor disappointment with the results might slow the recent surge in share prices or trigger a correction.
Companies in the S&P 500 index are still expected to report a near-25 per cent drop in third-quarter profits when the results season kicks off on Wednesday with figures from Alcoa.
The expected decline in third-quarter earnings rate for the S&P 500 companies is 24.7 per cent, according to estimates compiled by Thomson Reuters.
The biggest lossmaking sector is expected to be materials, which is forecast to suffer a 69 per cent drop in earnings after steep losses by steelmakers.
The financial sector is set to post the biggest increase in earnings with a 61 per cent jump, according to Thomson Reuters. But that growth is largely due to a rebound in the fortunes of insurer AIG. If the insurer was removed from the sector, the growth rate for financials would plummet to a decline of 28 per cent as small and mid-sized retail institutions continue to suffer from the economic slump.
From: Earnings data spur fear of Wall St rally stall http://bit.ly/HJtk1
Jones is a shill and a plagiarist and used info from the likes of Bill Cooper to “predict” 9/11,….
Disclaimer: Don’t know if any of that is true,.I just saw it on the internet somewhere,..ho hum…
Hi guys,
Sorry if this is a repeat post…
Has everyone seen the NY Post smear article on Zero Hedge by NBC/GE shill Joe Hagan?
It’s also being supported by a Time.com blog by Justin Fox. I managed to get in for the first comment, implied he should debate Keiser… might drive some traffic through to the truth here.
http://curiouscapitalist.blogs.time.com/2009/10/01/wall-streeters-like-conspiracy-theories-always-have/
CAPS LOCKED IN SOLIDARITY!
Please do feed the bears http://tinyurl.com/yb2ubjm
Reuters blog hit-piece by Felix Salmon on Oct 30th…
http://blogs.reuters.com/felix-salmon/2009/09/30/the-zero-hedgies/
@dedo
Well, you certainly have a point! I could have predicted it too – and many years before AJ did. False flags are old hat SOP for what, three thousand years now?
It’s politics 101.
I still think AJ is on the up and up – even with ego thing.
10 YEAR BULL MARKET Hennessy says!
http://tinyurl.com/ybm3rkc
LOL
Reuters Institute @ Oxford: ‘The rise of social media and its impact on mainstream journalism’ (PDF) http://bit.ly/2xmQ6C
@Phil
I haven’t read his stuff for years, but stumbled on this site while researching the Obama Marxist connection. He reminds me of the crazy guy that the King has shackled in the bowels of the castle to hide the truth from the serfs. Very interesting to read. I don’t go for the precision of the cycle stuff, but he nails the political economic stuff and writes well. Too many fuzzy terms and concepts have created a phoney discourse rife with stereotypes and malcommunication. Such is the label Marxist.
I still contend that Obama is a Marxist, but not the stereotypical one that most people envision. He uses Wealth confiscation and redistribution to gain power. Also, behind him is the Old European Banking Oligarchs via Soros.
Obama Cobweb http://bit.ly/N7JJR
Must Watch Vid
F*ck the Fed!
http://www.youtube.com/watch?v=DiTikduJ15Y
Mike
Here is an interview with one of the handful of earthlings (with actual power) who have a clue about what is really going on and don’t mind telling anyone,
http://www.venezuelanalysis.com/analysis/4827
If we are to have a World Government then this is the ONLY person I would trust to run it.
@Tofu Charlie
Zero Hedge surely got some free publicity. Lot of comments too. If the subject realy is sophisticated you don’t see as much but if folks can do some ranting they are their. It’s phatetic
Gore Vidal is right: “Does anyone care what Americans think? They’re the worst-educated people in the First World. They don’t have any thoughts, they have emotional responses, which good advertisers know how to provoke”
From: Gore Vidal: ‘We’ll have a dictatorship soon in the US’ http://tinyurl.com/yh2en7w
Alex Jones as a vessel of knowledge is like those rags at the grocery checkout you scan while waiting. even if they have truth they are still tainted with doubt. Actually, Max lowers his stature by going on that show. No doubt, Jones nails some stuff, but the packaging reminds me of the National Inquirer, just can’t get past the cover. Too bad really. Medium is the message and all that.
Ugh. Some cities are too poor to bury their dead:
http://www.huffingtonpost.com/2009/10/01/cities-too-poor-to-bury-d_n_306702.html
@Mep
Soylent Green
http://www.youtube.com/watch?v=8Sp-VFBbjpE
@Ilya Kuryakin @dedo
Problem is you didn’t. AJ Did!
4.4 million yr old ‘Ardi’ fossil sheds light on origin of human species – lived in trees but could also walk on 2 legs http://bit.ly/qB86j
Re: the American Police Force story. I actually sent the following to AJ a little while ago:
American Police Force is looking more like a front group for Allied Defense Systems Inc. than it is Blackwater/Xe.
Allied Defense Inc. is also located in California:
http://www.allieddefensesystems.com/contact.htm#
And someone from your own readership was able to find the SAME address linked to the American Police Force domain.
See comment:
# Frank Says:
September 30th, 2009 at 11:40 am
I did a whois on their domain and found a connection to madisonharborloanmodification(dont)com A second whois on this domain returns the address of “17702 Mitchell North Irvine, California 92614″ which is also the address of “The Allied Defense Group” among others. Coincidence?
————————–
The following has also been noted on Gawker.com:
“Muckraker Kevin Flaherty, however, discovered that APF’s website shares an IP address with Defense Product Solutions, which was founded in 2004, has contracts in the Middle East and works with a man named Edward Angelino, who in turn has worked with the militarily-inclined Allied Defense Systems, Inc. and Defense Consulting Group, Inc. A tangled web, indeed.”
———————————–
If you check out the Allied Website and note that Allied recently acquired $23 million in CASH for the sale of Global Microwave Systems, Inc. — it’s clear that these people have the money to buy off Montana.
Info. on the sale of the California subsidiary: http://www.tradingmarkets.com/.site/news/Stock%20News/1914951/
The trouble in getting to the bottom of this SCANDAL will be figuring out who Allied is connected to. Check out the DOW Jones description of Allied on the left side of the screen here:
http://resources.bnet.com/topic/allied+defense+group+inc..html
And note who is the President/CEO: “Major General (Ret) John J. Marcello, President and Chief Executive Officer of The Allied Defense Group”:
http://newsblaze.com/story/2009081313010400005.pnw/topstory.html
This looks bad enough–even without Blackwater/Xe involvement. Good luck in finding out whether Blackwater is actually connected to this mess!
———
Since sending it, I also found an older story about Allied going into default: http://www.encyclopedia.com/doc/1P2-5832889.html –which would explain their need for “mission creep” now.
One thing that really bothers me now that I thought some more about it is that I can’t verify for myself whether the IP or physical address of APF is the same as Allied, as others have claimed.
Even more than that, one person who makes the claim is Kevin Flaherty. I have no idea of who he is or what he’s about, but I did find the following article written by him on “Militant Electronic Piracy”–which was sort of alarming to read considering the Newsmax coup article from yesterday:
http://cryptogon.com/docs/pirate_insurgency.html
I hope that I haven’t somehow played a part in some kind of a freakish online psyop plan to incite fear and paranoia.
@Youri,……Que ?
@Youri,…….Question for ya,….How long you bin anal eye zing Alex’s rhetoric,…and has it made your life,,hmm, .. more fulfilling,…and how,…I just can’t see it
Rothbard and the Post–High-Tech Meltdown
von Mises Website
… In North America, there will likely be a sequel to the high-tech meltdown, this time in the green-tech sector. Several governments around the world are investing public funds into developing and implementing various forms of renewable-energy technology. Multiple companies have already received state funding and developed competing green energy technologies, mostly for generating electricity. …
http://mises.org/story/3726
On German TV this evening a complete village has suffered 200+ Mio. Euros worth of damage because they powered it using Thermal Energy ( underground heat extraction ).
240 houses are basically totally destroyed and have to be pulled down !
The reason is that the Thermal Istallation should never have been drilled there in the first place. Interference with the “ground water” has caused the ground to “rise” 1cm. per month , thus cracking all the walls of buildings !
Sad experience … the “Office for Granting Permission” was at fault … they should never have granted the drilling Co. a licence !
FWIW
@Dedo If you can’t see what’s the use explaining? You just stay were you are. Happy You.
Ford U.S. September auto sales fall 5 percent http://link.reuters.com/fav59d
US risks Hyperinflation The Government lies about it Jim Rogers http://tinyurl.com/ye2r8jp
@Danny … Ireland and tomorrow
Just saw a report on German TV that the Irish will vote Yes with 55% tomorrow !
Sheesh … are our elections rigged as well ?
Unemployment May Hit 10.3% by March 2010: Economist http://www.cnbc.com/id/33119827/
@Youri,…..spoil sport!,…: )
@Youri .. 10% by 2010
Who said that … Bernanke ?
Sheesh .. you mean things will get better by 2010 ?
( 20% unemployment now IMO )
Nice funny comment here from sevenmilebch@IV_PreciousMetals
it really is amazing
to see the financial farts gas up the schlock market long enough through the end of the quarter for their bonuses and statements to continue levitating
all the suckers, err, “investors” in the Fraud Street Casino will smile for yet another quarter completely unsuspecting of the shearing to come
now to watch Krudlow put a positive spin on this pile of crap today
IT IS SO FRIGGIN OBVIOUS !!!
http://www.investorvillage.com/iv2/smbd.asp?mb=144&mn=31180&pt=msg&mid=7993118
Post-Recession Employment Arithmetic http://tinyurl.com/yanhml2
Commodity Markets On a Non-Stop Rebound http://tinyurl.com/y8phmup
I kid you not. The Huffington Post has listed a Rothschild as a Green Mover escalibur:
http://www.huffingtonpost.com/2009/10/01/huffpost-game-changers-wh_n_302959.html?slidenumber=7&show_slideshow_ads=1#slide_image
He tells us ‘stories’ so we will gladly follow to the happy sustainable villages. OH JOY!
@Youri:
What do you think of the Green Knight David de Rothschild?
@ Youri & Phil – The U3 predictions are generally on the conservative side. I’d guess more in the range of 12-13% by March 2010. But, yeah, U6 is likely hovering around 20% now. And as things stand, we now have 6 times as many people looking for jobs as we have available jobs.
@Mep
The CIT bankruptcy will greatly add to your estimate.
@T
Hug a Socialist. You’ll feel better.
You give Ilya a hug then. I don’t think he wants one from me.
Ok, here’s a post with links/etc on the Joe Hagan / Zero Hedge story:
http://catastrophist.wordpress.com/2009/10/02/defending-goldman-sachs-joe-hagan-msm-shill-vs-zero-hedge-blog/
——–
Defending Goldman Sachs: Joe Hagan (MSM shill) vs. Zero Hedge (blog)
In this month’s NY Mag story, Joe Hagan continues to defend Goldman Sachs by attacking Zero Hedge blog and its 330k/month readership. Simultaneously, Justin Fox is supporting the hit-piece at his Time.com blog – arguing that readers of Zero Hedge are “paranoid nutters” who engage in “conspiracy theories” which — most damningly — are only right “once in a while”.
[picture]
Hagan on CNBC Morning Joe (July 31), cloaking
corruption in the language and rituals of objectivity.
Hagan identifies the “founder” of ZH as Dan Ivandjiiski, “a 30-year-old Bulgarian immigrant banned from working in the brokerage business for insider trading,” formerly with Wexford Capital, “a Connecticut-based hedge fund run by a former Goldman trader.” Ivandjiiski says he is just one of many contributors.
According to Hagan’s narrative, Ivandjiiski (AKA Tyler Durden) became “emboldened” by increased site traffic and began to write more-detailed postings, outlining his “radical notions” of un-manipulated markets and governments. Thus “Zero Hedge’s popularity metastasized with its increasingly paranoid focus.” Soon, we are told, Ivandjiiski was seduced by the site’s ad revenue and “a newly minted sense of his own importance”, and Zero Hedge became, as Reuters contractor Felix Salmon would write three days later, a “Dan Brown novel” for “delusional retail day-traders”.
The seven-page smear, written by Hagan on Sept 27th, follows his recent pro-Goldman fluff-piece “Is Goldman Sachs Evil? Or Just Too Good?” published by NY Mag on Aug 3.
etc.
@Tofu,………that pictures cute,…..is it really you,..or are you messin’ ?
@Dedo: Yeah, I tells ya, it was hell cutting those bangs into my helmet…
Proud of my twitty Asia friend Dian Chu getting “the Good Stuff” published on Zero Hedge:
Fed or Freight, Roll Your Dice http://bit.ly/SoTjV
@Tofu Charlie Did some ass kicking on Reuters comment : ) http://tinyurl.com/yaexswb
I posted a much longer comment that got trapped, but I think the people AJ is after is these guys:
http://www.allieddefensesystems.com/aboutus.htm
Seems like APF is a front-group for them.
I think it’s interesting that it does not list the names of the manufacturers they are associated with on their About Us page:
“By working with only the best in the business, ADS offers our clients the utmost confidence in successful project completion. ADS clients benefit from our partnerships with world-class manufacturers such as:”
They’re also based in California.
Video: Exposed – American Police Force Is A Blackwater Front Group http://bit.ly/4rRywi
APF Leader Exposed As Career Criminal As Hardin Patrols Labeled Unconstitutional http://bit.ly/AadYk
ok…when the country is bankrupt…WTF…is the British Council doing funding Shakespearean [comedic!] play’s in Afghanistan !?!?!? This is absolutely bizarre.
http://en.wikipedia.org/wiki/British_Council
APF News just hit the wires . . . the Montana AG is investigating:
http://www.kfbb.com/news/local/63180007.html
@s.herbert
Wow americans censor the strangest things.
http://tinyurl.com/y8w3swo
Max Baucus of Montana is pushing an amendment in the health care bill that will not only fine, but JAIL people who don’t buy crappy, overpriced health insurance! The health insurance industry was lobbying for that. Wonder if the that’s where Mr. Baucus plans to get the prisoners for his new private security jail contractors?! (I’m joking about the jail part, but it would make for a GREAT conspiracy theory!)
Carbon market crash
http://wattsupwiththat.com/2009/10/01/carbon-credit-market-imploding-ccx-now-10-cents-a-tonne/
@Alister:
Bankrupt for the common people is what Bill Gross describes as the “new normal”: a two-tiered society with credit and jobs for the corporate class and poverty and deprivation for the ‘unwashed masses’.
San Diego, California faces $179 million deficit http://link.reuters.com/geh69d
U.S. September auto sales plunge; GM, Chrysler hit hard http://tinyurl.com/ycheleh
Weekly US Railroad Carloadings Down 17.1%, Cumulative Decline By 18.2% http://tinyurl.com/y9b3d7k
This article is total useless propoganda.
Its topic and statements are absolutes lies, misdirection and total bullshit. No wonder….. the wall street journal is another front runner of the bullshit media machine owned by the entity.
“Thinks the dollar is destined to erode” What a absolutely worthless comment.
“The government’s policy is to make it worthless” WHAT A FUCKING MISDIRECTING LIE. The government of the United States has nothing to do with this. The conglomerate is running the demolition with the United States second in command through the entities ability to place presidents into power without the use of “democracy”.
THE ENTIRE ARTICLE IS BLATANT BULLSHIT MISDIRECTION OF THE TRUTH TO STEER THE SHEOPLE OF THE PLANET INTO A CONFUSED THOUGHT PROCESS ABOUT THE REALITY OF THE TRUTH.
@Myking,…….Hey CAPO!! how’s it hangin’,..you found that entity yet ? lol
@Dedo:
goodnight, Dedo
I wonder what happens with the stock market tomorrow.
http://www.youtube.com/watch?v=5l9UpptF5z4
RON PAUL ON RUSSIA TODAY
Yesterday we had sedition in the US, today we have treason. Sen. Jim Demint was planning a trip to Hondouras to tell the coup regime to “resist” the US. His trip was canceled by the State Dept. in conjunction w/ John Kerry, but apparently Demint now has a co-conspirator in his treasonous act–Sen. McConnell is arranging the trip to Hondouras through the Dept. of defense.
http://thehill.com/blogs/twitter-room/other-news/61225-demint-honduras-trip-nixed-by-kerry-
what? mep, are you complaining about them going to figure our the truth for themselves ? ????
omg the world has turned up side down !!! haha
@ youri, mep
thanks for links re: APF
No, alister. I am not against the “truth.” But Demint isn’t interested in “the truth”; he’s going there to support the regime. He has been consistent in supporting the coup:
http://blogs.wsj.com/washwire/2009/07/02/sen-demint-supports-honduran-coup/
That APF thing must be a scam or a joke by wannabes
Unrelated stories
Letterman scandal
http://news.yahoo.com/s/ap/20091002/ap_on_en_tv/us_tv_letterman_extortion
Milton Freidman on Socialized Healthcare for Max
http://www.youtube.com/watch?v=VPADFNKDhGM
Marxist clown Michael Moore wants wealth redistribution and claims Capitalism evil. Hey tard, it never was Capitalism
http://mises.org/story/3751
@mep he has said he was just pretending to support the coup because he knew he had to in order to speak to the legitimate leader of the country…
@TOP
Watch the reporter’s face when Ron Paul says “this is a climacitc event.” She looks like she’s ready to orgasm!
Go to 6:15 to see it.
@WL
Marxists would call Obama a Fascist — based on a political-economic analysis of the “class interests” he serves. Wealth confication UPWARDS is still not called Marxism!
CAPS LOCKED IN SOLIDARITY WITH BROTHERS & SISTERS IN AMERICA!
@ alister – No, Demint really supports the coup regime. Besides, Zelaya is in Brazil. (And a reminder, Zelaya was in Washington last month: http://justf.org/blog/2009/09/01/zelaya-washington-week so it’s not like our officials haven’t spoke with him.) However, you were actually right in a sense: everything IS upside down. I should’ve put quotation marks around treason, because while it seems that Demint is committing treason, he’s actually not if one considers that the White House hasn’t exactly been as supportive as it should be re: Zelaya’s return. Hillary Clinton called him “reckless” for trying to return to Honduras in July.
. . . the Brazil’s embassy, not Brazil. Demint is rumored to be visiting not Zelaya, but the coup regime and Honduran business leaders.
WL – Moore is no Marxist. He’s somewhere on the left side of the spectrum for sure, but his “radicalism” isn’t about economic and social equality or fairness. He’s of the working class and tries to give some voice to those who get abused by the system, but he’s ultimately about making capitalism work for himself. I’ll see his film, as I saw all of the others, and judge it then. What I’m most interested in is seeing how people react to it.
@marietta at 9:51 she farted
Only in Glenn Beckistan would Obama, who is about a lightyear to the right of Mussolini, be called a “socialist”.
Every time I see one of these illiterate knuckleheads whining at a “town hall” meeting “I don’t wanna live in Russia!” i gotta laugh my ass off. These primates need to be seriously bitch-slapped back into consciousness.
Frankly I’m shocked that you Still have a public education system – crappy as it is – never mind Social Security and Medicare, all of which like be history by the time Obama is finished swindling the benighted sheople.
Jesus! Can’t you guys do anything right – I mean besides meddling in the internal affairs of other countries?
Hey anyone, who do I gotta screw to get an avatar around?
Meanwhile in Detroit the poor have lost so much that they can’t even afford to cremate the dead. Bodies are piling up.
http://money.cnn.com/2009/10/01/news/economy/_morgue/index.htm?postversion=2009100110
Oh yeah, and if you haven’t read Ken Lewis is being richly rewarded for misleading the shareholders and holding the country hostage so Bank of America could be saved, meanwhile the average american sees their wages falling or disappearing entirely and are losing their houses and pensions.
http://money.cnn.com/2009/10/01/news/newsmakers/lewis.payout.fortune/index.htm?postversion=2009100121
Hooray for the bailouts! Hold on I think I’m gonna hurl.
@All… I have never submitted the pertinent information that I research to Max K site but this one I must take the time. I suggest you are sitting down when reading the following.
THIS IS THE TYPE OF PERTINENT INFORMATION THAT IS RELLEVANT TO THIS CURRENT CRISIS AND FAR MORE IMPORTANT THAN ANY MAIN STREAM MEDIA INFO ON THE TOPIC. IT CENTERS ON PURPOSE !
You are about to read some of the most important, truthful, accurate, pertinent information about the Health Care Bill superseding all the bullshit media info on the topic.
Subject: Constitutional Law Instr. views on HB 3200l
This following are the comments from to person who sent me this email: “I received this email this morning and since there are so many emails concerning the HR3200 Health Care Bill going around I have the habit of analyzing each to understand and prove their source. Since this one is signed by the author I decided first to see if there was in fact a Michael Connelly, Atty living in Carrollton , Tx. There is, he is listed in http://www.whitepages.com as Michael R. Connelly, Atty living at 3560 County Square Drive, Carrollton Tx and his phone number is 214-731-6280. I just got off the phone with him and he is for real. Please check out his webpage, http:michaelconnelly.viviti.com . Mr. Connelly is an attorney and a author. His email is [email protected]. Check it out.”
From Michael Connelly – Retired attorney, Constitutional Law Instructor, Carrollton, Texas
Well, I have done it! I have read the entire text of proposed House
Bill 3200: The Affordable Health Care Choices Act of 2009. I studied
it with particular emphasis from my area of expertise, constitutional
law. I was frankly concerned that parts of the proposed law that were
being discussed might be unconstitutional. What I found was far worse than what I had heard or expected.
To begin with, much of what has been said about the law and its
implications is in fact true, despite what the Democrats and the
media are saying. The law does provide for rationing of health care,
particularly where senior citizens and other classes of citizens are
involved, free health care for illegal immigrants, free abortion
services, and probably forced participation in abortions by members
of the medical profession.
The Bill will also eventually force private insurance companies out
of business and put everyone into a government run system. All decisions about personal health care will ultimately be made by federal bureaucrats and most of them will not be health care professionals.
Hospital admissions, payments to physicians, and allocations of
necessary medical devices will be strictly controlled.
However, as scary as all of that it, it just scratches the surface.
In fact, I have concluded that this legislation really has no intention
of providing affordable health care choices. Instead it is a
convenient cover for the most massive transfer of power to the
Executive Branch of government that has ever occurred, or even been
contemplated. If this law or a similar one is adopted, major portions
of the Constitution of the United States will effectively have been
destroyed.
The first thing to go will be the masterfully crafted balance of
power between the Executive, Legislative, and Judicial branches of the
U.S. Government. The Congress will be transferring to the Obama
Administration authority in a number of different areas over the
lives of the American people and the businesses they own. The irony is
that the Congress doesn’t have any authority to legislate in most of those areas to begin with. I defy anyone to read the text of the U.S.
Constitution and find any authority granted to the members of
Congress to regulate health care.
This legislation also provides for access by the appointees of the
Obama administration of all of your personal healthcare information,
your personal financial information, and the information of your
employer, physician, and hospital. All of this is a direct violation
of the specific provisions of the 4th Amendment to the
Constitution protecting against unreasonable searches and seizures.
You can also forget about the right to privacy. That will have been
legislated into oblivion regardless of what the 3rd and
4th Amendments may provide.
If you decide not to have healthcare insurance or if you have private
insurance that is not deemed “acceptable” to the “Health Choices
Administrator” appointed by Obama there will be a tax imposed on you.
It is called a “tax” instead of a fine because of the intent to avoid
application of the due process clause of the 5th Amendment.
However, that doesn’t work because since there is nothing in the law
that allows you to contest or appeal the imposition of the tax, it is
definitely depriving someone of property without the “due process of
law.
So, there are three of those pesky amendments that the far left hate
so much out the original ten in the Bill of Rights that are
effectively nullified by this law. It doesn’t stop there though. The
9th Amendment that provides: “The enumeration in the
Constitution, of certain rights, shall not be construed to deny or
disparage others retained by the people;” The 10th
Amendment states: “The powers not delegated to the United States by
the Constitution, nor prohibited by it to the States, are preserved
to the States respectively, or to the people.” Under the provisions of
this piece of Congressional handiwork neither the people nor the
states are going to have any rights or powers at all in many areas
that once were theirs to control.
I could write many more pages about this legislation, but I think you
get the idea. This is not about health care; it is about seizing
power and limiting rights. Article 6 of the Constitution requires the
members of both houses of Congress to “be bound by oath or
affirmation” to support the Constitution. If I was a member of
Congress I would not be able to vote for this legislation or anything
like it without feeling I was violating that sacred oath or
affirmation. If I voted for it anyway I would hope the American
people would hold me accountable.
For those who might doubt the nature of this threat I suggest they
consult the source.
Here is a link to the Constitution:
http://www.archives.gov/exhibits/charters/constitution_transcript.html
And another to the Bill of Rights:
http://www.archives.gov/exhibits/charters/bill_of_rights_transcript.html
There you can see exactly what we are about to have taken from us.
Michael Connelly
Retired attorney,
Constitutional Law Instructor
Carrollton, Texas
Karl Denninger : Last Night’s Speech In Tallahassee….
http://market-ticker.denninger.net/archives/1483-Last-Nights-Speech-In-Tallahassee…..html
Good speech …. Stop the Bailouts , Start Prosecuting !
@All…….after reading the previous….. are some of you now understanding that this is about agenda and not about the MONEY !
Talking about the money is a misdirection….this is about control of the money and the citizens to pave the way for the collapse of the United States as we know it (the constitution demolition) and begin the transfer of power to the President which is IN FACT the conglomerate behind this whole ordeal. Wake up everybody…. its time to center your research.
@Mike King … “PERTINENT INFORMATION”
Thanks …. no surprises here …. except that an honest retired lawyer has taken the time to do Congress’s job of actually reading the Bill !
Maybe you should EMail Denninger who is on the ALT Tour i.e. American Liberty Tour where Denninger gave his speech yesterday.
I am not from the US – but what is going on over there is just crazy…. and we are not spared here either !
Blair trying to keep the Grin off his face … is waiting for his turn in the EU :
‘President’ Blair waits on voters of Ireland
http://www.timesonline.co.uk/tol/news/politics/article6857807.ece
.
.
Britain must charge for health care and raise retiring age to escape debt crisis, says IMF
http://www.dailymail.co.uk/news/article-1217485/Britain-charge-health-care-raise-retiring-age-escape-debt-crisis-says-IMF.html
@frances snoot
David de Rothschild is a spoiled imbred yuppie who doesn’t has the brains to figure out how to do someting usefull. He should be put to work in a special inbred working camp to produce anything usefull.
If he wasn’t as much inbred and spoiled he would persuade is sociopathic family to stop destroying the world with institutions like the Worldbank and the IMF. These are the real cause of all the misery, hunger starvation, nature destroying we have around the globe.
But the prick doesn’t care about people he rather sees them die so he can float around in his asocial bath tub with sail. Ho golly look what a selfish prick I am.
@Phil@Mep
Yep, what I do is take the official unemployment numebr and multiply x 2 so 10,3 x 2= 20,6 – say 21% unemployment in reality.
@ youri….put them in a dark room and force them to eat each other.
@WL Letterman had sex
That’s the very myopic thing about America. You can have child kidnapping rings which was even revealed in Congress mind you. You can kill your neighbours or a million Iraqies. This all is no reason for the Americans to be outraged.
But have a little sex and you get hanged??? This is the very schizophrenic nature of the American society to me it should be exactly the other way around. In Europe nobody gets fired for having sex on the job and in Italy you get promotion on it.
George had sex with the cleaning woman and gets fired
http://www.youtube.com/watch?v=reJpj-rrsVQ
mike is correct,, the health bill has nothing to do with health….its all about control…..pg
@Illya
Interesting you compare the Kenyan to Mussolini. Webster Tarpley makes the same comparison in his book “Obama: The Postmodern Coup – Making of a Manchurian Candidate.” Even has a pictures of them both on the cover.
tarpleys been right on with cutting chinas supply links via pakistan and pushing the middle east into russia.
@dan valley
Yes, I’m aware of no one who has been as accurate in their assessment as Tarpley. And the first printing of that book was in April of 2008.
max needs to put tarpley on the edge
@Tofu Charlie
You are right, Obama can be labeled a Fascist. However, the term “Marxist” must be defined, there are many forms of Marxism and I find that most think of Marxist Leninist. This is a modern Marxism if you will, a forced redistribution of wealth and economic control of corporations by the state. This “Marxist” control is really a way for the elite to maintain power, Check out Gramsci http://en.wikipedia.org/wiki/Antonio_Gramsci
@Youri
Nobody cares what Letterman does, just his hypocrisy is somewhat amusing. He had affairs with staff while in a long term relationship with his now wife and mother of his child. If he had affairs while an employer of these women then there could be legal issues, but I am not a lawyer. I used to watch Letterman until the Palin daughter thing, lost any respect for him. It was a personal attack using her daughter, he did not apologize. no matter what you think of Palin that attack was just wrong. The left womens groups should have been outraged, but they were silent, more hypocrisy. A joke about raping a teenager is just wrong.
@Mep
How do you define Marxism, “Social Justice” is “Modern Marxism”
@Mike King
Of course, you nailed it, its about power and control up to a supranational level.
I think secretly helicopter be is cutching dollars in his sweaty fist repeating ….come on 2012 ,daddy needs a way out. The fed is painted in a corner and being poked at with hr1207…did you watch is testimony yesterday….he looked broken.
that was to be spelled ben not be
and clutching
@WL,
You don’t really understand Marxism. It’s absurd to label Obama’s transfer of public wealth to bankers (owners of capital) as Marxist, or even socialist.
It’s to be paid from out of future taxes on workers (and them again as consumers), and through cuts in services and benefits to those same workers.
It’s tantamount to a declaration of class war by capitalists against workers.
In the face of a crisis of capital (the ‘credit crunch’) neo-liberals, supposedly in favour of free unregulated markets collapsed into corporatism, to prop up a financial oligarchy and an attendant middle class — who’ve invested everything (and borrowed even more) on asset speculation in housing and financial products.
If Obama takes state ownership of the means of production, or liquidates some Kulaks, I might take the Marxist charges seriously. Until then, I can only go by the rate at which he’s transferring public wealth to finance capitalists. As far as I can tell he’s doing that at least as fast as GW Bush did.
Neither of them are Marxist, they’re both essentially corporatists, that is the bipartisan consensus. That’s why Obama can support the reappointment of Bernanke at the Fed, a Bush republican appointment.