Pax Americana, or the American Empire, is both the outward manifestation of, and physical support for, USD hegemony. As USD are Federal Reserve notes, the world does the bidding of the Federal Reserve.
Banks should be allowed to opt out of taking out such insurance as the IMF proposes, provided said banks waive future claims for bailouts, either by their own country’s central bank, or the IMF.
The article on the ‘Pax Americana’ betrays the author’s privledged and protected background. What a pile of shit. Where the hell does he think 80% of the world i.e. the poor, have been living? The audacity of this article disgusts me.
It’s about time South America hosted the Olympics!.
But I do think it’s a waste of money.
Still, maybe Brazil can do a cut-down version after the excesses of the Chinese Police State’s rehearsals in virtual spectacle. Is there some way they can combine it with Mardi Gras, perhaps?
This has got to be a joke, right?
Not even Californians can believe this feeble apology for fascism. World Peace? At what time did the U.S.. ever falter from using war to further business interests? In South America, in S.E. Asia, The Middle East…
Imperial Americana is all it’s ever been – and not in the name of democracy or peace, but a corrupt form of capitalism accommodated only under a fascist regime.
From the “Pax Americana” article:
“Going forward, to defend the dollar, Washington will need to control inflation through some combination of budget cuts, tax increases and interest rate hikes. Given that the last two options would choke off renewed growth, the least unpalatable choice is to reduce federal spending.”
That logic is fatally flawed by the very first step. History shows that empires starting to collapse don’t just cut back on military spending, if anything they increase it. It is the dollar that will not be defended.
As Faber says, it’s one of the easiest trades in living memory – good enough reason to be cautious.
But just like when the carry trade was on, it will continue until it stops, if you see what I mean
“…They will probably be run over anyway sometime in the future but this shows that people that say no.. really really mean NO!…” I second that, and I think it probably will come in form of an ultimatum – accept the treaty or leave the union. After all, why should a small unimportant country spoil the politician’s wet dream? But then again politicians could be tactful and sneaky in an attempt to make a special deal with Ireland in order for them to give an okay, who knows, one way or another EU will prevail.
The Tobin tax will generate a massive income for G20 governments in the event the Grand Theft Ponzi Game/scheme gets its 14th wind(its just like a computer game because when it gets killed – the oligarchs press reset – print more pretend money – and off we go again) and manages to continue as I am sure it will!, if they have all agreed to introduce it, especially London and Gordon Red will be able to affirm his claim of saviour of the planet on the basis that London has a miraculous re-emergence as the world No1 financial centre after New Yorks demise! President Blair will be the first to congratulate Gordon Red and the New Labour/New Unholy Roman Empire will come of age. It will also clear the Uk’s borrowing at staggering speed! Brown will be in with a chance of legitimate election. I pray the Irish vote NO!
They are pathetic, how can they not have a plan B. Morons. Anyway, congrats to the Irish people. They will probably be run over anyway sometime in the future but this shows that people that say no.. really really mean NO!
@mep
why would you be sad that chicago lost the bid? The politicians in this state don’t know how to run a hotdog stand. The rule of thumb is that a politician here is crooked until proven otherwise.
Great day so far: first Hopey McChange gets pummeled in a first round TKO fucking bloodbath, then Satan is denied the Holy Roman Emperorship – temporary reprieve that it may be.
Irish are my fucking heroes, I love you! I’m off to the nearest Irish pub to celebrate
I’m a little bummed that Chicago lost. Winning the bid would’ve brought jobs immediately. However, the people of Chicago have more concerns than that. Maybe losing the bid will force the Obama WH and Congress to consider other ways of solving problems of unemployment, foreclosure, and dwindling state revenues.
@avocate
How right you are about chicago corruption!
Another great example is Millenium Park. Remember that little boondoggle?
here is summary cost overruns: http://en.wikipedia.org/wiki/Millennium_Park#Budget
All I can say is, “thank god I will not have to look at Blair’s infuriating mug every day” . . . Brown may be a buffoon, but at least his photo on the front page of the paper doesn’t make my blood boil!
@Phil, true. They already voted no.. only the Rockefeller wannabes in the EU-parliament that insists on leting them vote until it becomes a yes. Quite sad actaully. It’s a rape of some kind if you ask me.
@mike, I think the DXY will rise for some time actually, fed will go berzerk together with GS and all their moneyprinting brothers. This will be the final breath of the mugabe-family
Funny how everyone hearts “intelligence” until it says something real:
“Today, however, the Pax Americana is withering, thanks to what the National Intelligence Council in a recent report described as a “global shift in relative wealth and economic power without precedent in modern history” — a shift that has accelerated enormously as a result of the economic crisis of 2007-2009.”
For over a decade, scholars of all stripes have been warning about rising inequality and sending up red flags about the deteriorating position of the middle class. Nobody gave a shit. One-year-post collapse, they still don’t give a shit.
Think about how much better the economy would be right now if all of the money spent lobbying in the past year to kill all kinds of reform went to actual workers and people. Those at the top are simply too arrogant and deluded to realize that they are cutting their own throats by crushing the very people they depend on for their own privileged positions.
The main reason Chicago did not get to host the Olympics is its Mayor Daley. The Mayor completely “mishandled” the construction of its Soldier Field Stadium. Bloomberg reported to day that actually the Chicago taxpayors paid 500 billion$ to help build it! Thats about 1.8 billion in total payments over time! Imagine the graft in this project! The Mayor probably stole at least 400 million as this stadiium is worth no more than 150 million total. Public money for a private use stadium. You go america! Imagine the graft in a Chicago Olympics!
Looks Like DXY is making a lower high at a very shaky resistant level Monday could be very interesting actually the next several months DXY will have my full attention
I spent quite some time in Donegal and Galway apart from County Antrim in Northern Ireland.
In Donegal in 1970, we drove a whole day and didn’t see a single TV areal !
Many houses in the high hills use “peat” for heating .
In the fishing villages on the coast, most of the working men were in the pubs. The countryside is awe inspiring as well as the coast where I used to do a lot of diving.
The Irish really do have “the gift of the gab” .. i.e. they talk and socialize unceasingly and have a great sense of humour as well.
The Olympics are a perfect example of America’s decline
US: a Chicago games would have been a disaster of monumental proportions, I mean who the hell wants to go there for ANY reason? Half planet earth believes 9/11 was an inside job and the Olympics would have been a golden opportunity for another false flag event. The games would have done zippo for an economy in decline, an economy that is WAY beyond any possible stimulus the Olympics would give. And, of course, the utterly corrupt Daley regime would have milked this for every cent, while staging it on the Cheap.
They tried to steal the games with Hopey McChange “flash”,the Masonic-handshaking twit of a wife, the Wicked Witch of the North Oprah, and an entourage of grinning celebrity hacks. Typically ignorant, arrogant, and utterly repugnant.
Brazil: Economy in ascendancy mode, they can AFFORD to put on a decent show and actually WANT to. Plus it’s one the most beautiful countries with best beaches…seriously, who the hell would want to go to the concrete jungle post-modern skyscraper Hell of Chicago when you could go to Rio instead???
The US is so used to getting their way, this is a MAJOR Humiliation for the “yes we can” automatons and their grovelling Messiah.
On top of all that, the other day they Bitch-Slapped in front of the whole world by Ahmadinejad who agreed to do “some” reprocessing in Russia and France. The arrogant simpletons for certain didn’t see that one coming.
Generally I hate the Olympics, but I might just attend this one and donate a few grand to the Brazilian economy.
Banks threatened by IMF sounds like global corporations threatened by WTO. The IMF and worldbank are fronts of the international banking cartel, paying taxes or “insurance” is just like putting it in a fund where it directly goes to the big banks where they can lend it out and get more by asking interest/bankrupting third world nations; the international banking cartel has no interest for keeping the empire of the united states in tact, even more profitable if it is heavily indebted. Predicting the shift of economic power isn’t so hard; more interesting is how long will China last until it breaks over social unrest or screwing up of the planned economy. BIS must be recording huge profits these and coming periods. The up coming economies like india, brasil and so on will not last/grow without western consumption, with the prospects of the madness around man-made climate change (something about mirrors in the sahara i read recently, beside the ridiculous concept of geo engineering) most developing countries are not allowed to industrialise. The carbon tax or emission Enron ponzi scheme will create on purpose an global zombie economy. I think we will enter a new economic order as announced, where it possibly will be very close to what max described as the casino gulag model.
Anybody knows where one can follow the total results from Irish votes?
There is a map on link below but no “total count” for yes and no, only percentage for each area/counties (what do you call the smaller areas in Ireland?).
@Mike/Liverpool – don’t see why it’s such a big shock, I was 90% certain that Brazil would get it; it was as easy as predicting the Oscars; but the people of Chicago should thank their lucky stars
Pax Americana, or the American Empire, is both the outward manifestation of, and physical support for, USD hegemony. As USD are Federal Reserve notes, the world does the bidding of the Federal Reserve.
Banks should be allowed to opt out of taking out such insurance as the IMF proposes, provided said banks waive future claims for bailouts, either by their own country’s central bank, or the IMF.
The article on the ‘Pax Americana’ betrays the author’s privledged and protected background. What a pile of shit. Where the hell does he think 80% of the world i.e. the poor, have been living? The audacity of this article disgusts me.
@Phil: I’m with you…Go Ireland!!!!!!( if the final vote is NO)
It’s about time South America hosted the Olympics!.
But I do think it’s a waste of money.
Still, maybe Brazil can do a cut-down version after the excesses of the Chinese Police State’s rehearsals in virtual spectacle. Is there some way they can combine it with Mardi Gras, perhaps?
Pax Americana
This has got to be a joke, right?
Not even Californians can believe this feeble apology for fascism. World Peace? At what time did the U.S.. ever falter from using war to further business interests? In South America, in S.E. Asia, The Middle East…
Imperial Americana is all it’s ever been – and not in the name of democracy or peace, but a corrupt form of capitalism accommodated only under a fascist regime.
Pax on the bullshit L.A. Times.
From the “Pax Americana” article:
“Going forward, to defend the dollar, Washington will need to control inflation through some combination of budget cuts, tax increases and interest rate hikes. Given that the last two options would choke off renewed growth, the least unpalatable choice is to reduce federal spending.”
That logic is fatally flawed by the very first step. History shows that empires starting to collapse don’t just cut back on military spending, if anything they increase it. It is the dollar that will not be defended.
As Faber says, it’s one of the easiest trades in living memory – good enough reason to be cautious.
But just like when the carry trade was on, it will continue until it stops, if you see what I mean
Betfair’s odds – Lisbon Treaty referendum:
Total bet: £188,190
Yes @ 1.04 – implied probability = (1/x)*100 = 95.2%
No @ 25.00 = implied probability of 4%
(was No ranging from 15.5 to 18 when polls closed)
“Banks and traders threatened by new international tax plan drawn up by IMF”
This is always the deal with the devil if his minions dont provide food then they become the food.
Damn It Feels Good to be Banker
http://www.youtube.com/watch?v=ROlDmux7Tk4
“…They will probably be run over anyway sometime in the future but this shows that people that say no.. really really mean NO!…” I second that, and I think it probably will come in form of an ultimatum – accept the treaty or leave the union. After all, why should a small unimportant country spoil the politician’s wet dream? But then again politicians could be tactful and sneaky in an attempt to make a special deal with Ireland in order for them to give an okay, who knows, one way or another EU will prevail.
To coin a phrase,
‘Brussels we have a problem’
So, same again next month? Until the people reach the right answer, oh so democratically.
Releasing the prospect of Blair as EU President on the eve of the poll was, er, pure genius. ;oP
LOL, swedish news claim Irish voted YES!
The Tobin tax will generate a massive income for G20 governments in the event the Grand Theft Ponzi Game/scheme gets its 14th wind(its just like a computer game because when it gets killed – the oligarchs press reset – print more pretend money – and off we go again) and manages to continue as I am sure it will!, if they have all agreed to introduce it, especially London and Gordon Red will be able to affirm his claim of saviour of the planet on the basis that London has a miraculous re-emergence as the world No1 financial centre after New Yorks demise! President Blair will be the first to congratulate Gordon Red and the New Labour/New Unholy Roman Empire will come of age. It will also clear the Uk’s borrowing at staggering speed! Brown will be in with a chance of legitimate election. I pray the Irish vote NO!
“European leaders earlier said they had no “plan B” for how to proceed if Ireland’s electorate voted No.”
From http://news.bbc.co.uk/2/hi/7452171.stm
They are pathetic, how can they not have a plan B. Morons. Anyway, congrats to the Irish people. They will probably be run over anyway sometime in the future but this shows that people that say no.. really really mean NO!
@mep
why would you be sad that chicago lost the bid? The politicians in this state don’t know how to run a hotdog stand. The rule of thumb is that a politician here is crooked until proven otherwise.
Looks like Rahm Emmanuel was a LITTLE to overconfident regarding Oly bid:
http://www.swamppolitics.com/news/politics/blog/2009/10/rahm_emanuel_olympic_critics_g.html
@Phil – no probs! though, I think my posting of it is better
Max : The US Empire is collapsing
On the Edge with Max Keiser – 02 October (part 1)
http://www.youtube.com/watch?v=zWnLr2JEn1w&feature=sub
@Stacy .. sorry , couldn’t wait !
Great day so far: first Hopey McChange gets pummeled in a first round TKO fucking bloodbath, then Satan is denied the Holy Roman Emperorship – temporary reprieve that it may be.
Irish are my fucking heroes, I love you! I’m off to the nearest Irish pub to celebrate
BTW…when’s the next referendum?
I’m a little bummed that Chicago lost. Winning the bid would’ve brought jobs immediately. However, the people of Chicago have more concerns than that. Maybe losing the bid will force the Obama WH and Congress to consider other ways of solving problems of unemployment, foreclosure, and dwindling state revenues.
@avocate
How right you are about chicago corruption!
Another great example is Millenium Park. Remember that little boondoggle?
here is summary cost overruns:
http://en.wikipedia.org/wiki/Millennium_Park#Budget
I REALLY REALLY hope it will be a NO!
The current vote seems to head in that direction but one never knows.. can we trust these figures or will they switch the voting ballots?
OHH, ILYA! I have pressie for you!
http://www.amazon.com/Going-Rogue-American-Sarah-Palin/dp/0061939897/ref=sr_tr_1?ie=UTF8&s=books&qid=1254508509&sr=1-1
Whoo-hoo! Congrats, EU!
Brazil runs rings around US
http://blogs.ft.com/rachmanblog/2009/10/rio-runs-rings-around-obama/
All I can say is, “thank god I will not have to look at Blair’s infuriating mug every day” . . . Brown may be a buffoon, but at least his photo on the front page of the paper doesn’t make my blood boil!
@Phil, true. They already voted no.. only the Rockefeller wannabes in the EU-parliament that insists on leting them vote until it becomes a yes. Quite sad actaully. It’s a rape of some kind if you ask me.
@Mogo .. the Irish are our Heroes !
I normally never worship heroes .. but they have my great respect !
@mike, I think the DXY will rise for some time actually, fed will go berzerk together with GS and all their moneyprinting brothers. This will be the final breath of the mugabe-family
Funny how everyone hearts “intelligence” until it says something real:
“Today, however, the Pax Americana is withering, thanks to what the National Intelligence Council in a recent report described as a “global shift in relative wealth and economic power without precedent in modern history” — a shift that has accelerated enormously as a result of the economic crisis of 2007-2009.”
For over a decade, scholars of all stripes have been warning about rising inequality and sending up red flags about the deteriorating position of the middle class. Nobody gave a shit. One-year-post collapse, they still don’t give a shit.
Think about how much better the economy would be right now if all of the money spent lobbying in the past year to kill all kinds of reform went to actual workers and people. Those at the top are simply too arrogant and deluded to realize that they are cutting their own throats by crushing the very people they depend on for their own privileged positions.
The main reason Chicago did not get to host the Olympics is its Mayor Daley. The Mayor completely “mishandled” the construction of its Soldier Field Stadium. Bloomberg reported to day that actually the Chicago taxpayors paid 500 billion$ to help build it! Thats about 1.8 billion in total payments over time! Imagine the graft in this project! The Mayor probably stole at least 400 million as this stadiium is worth no more than 150 million total. Public money for a private use stadium. You go america! Imagine the graft in a Chicago Olympics!
BBC : Irish EU vote lost, officials say
…Substantial vote tallies across Ireland show the European Union Lisbon reform treaty has been rejected, Irish Justice Minister Dermot Ahern has said.
European Commission head Jose Manuel Barroso said all indications were that Ireland had indeed rejected the treaty.
He called for other states to continue their ratification processes and said a solution should be sought.
http://news.bbc.co.uk/2/hi/7452171.stm
I hate “Bad Losers” !
If Ireland votes no they are heroes!
Looks Like DXY is making a lower high at a very shaky resistant level Monday could be very interesting actually the next several months DXY will have my full attention
I spent quite some time in Donegal and Galway apart from County Antrim in Northern Ireland.
In Donegal in 1970, we drove a whole day and didn’t see a single TV areal !
Many houses in the high hills use “peat” for heating .
In the fishing villages on the coast, most of the working men were in the pubs. The countryside is awe inspiring as well as the coast where I used to do a lot of diving.
The Irish really do have “the gift of the gab” .. i.e. they talk and socialize unceasingly and have a great sense of humour as well.
@Stacy, I dunno. But isn’t this the third time Ireland is voting? Democracy is hypocracy when it comes to how EU operates.
The Olympics are a perfect example of America’s decline
US: a Chicago games would have been a disaster of monumental proportions, I mean who the hell wants to go there for ANY reason? Half planet earth believes 9/11 was an inside job and the Olympics would have been a golden opportunity for another false flag event. The games would have done zippo for an economy in decline, an economy that is WAY beyond any possible stimulus the Olympics would give. And, of course, the utterly corrupt Daley regime would have milked this for every cent, while staging it on the Cheap.
They tried to steal the games with Hopey McChange “flash”,the Masonic-handshaking twit of a wife, the Wicked Witch of the North Oprah, and an entourage of grinning celebrity hacks. Typically ignorant, arrogant, and utterly repugnant.
Brazil: Economy in ascendancy mode, they can AFFORD to put on a decent show and actually WANT to. Plus it’s one the most beautiful countries with best beaches…seriously, who the hell would want to go to the concrete jungle post-modern skyscraper Hell of Chicago when you could go to Rio instead???
The US is so used to getting their way, this is a MAJOR Humiliation for the “yes we can” automatons and their grovelling Messiah.
On top of all that, the other day they Bitch-Slapped in front of the whole world by Ahmadinejad who agreed to do “some” reprocessing in Russia and France. The arrogant simpletons for certain didn’t see that one coming.
Generally I hate the Olympics, but I might just attend this one and donate a few grand to the Brazilian economy.
@Mongo – is it just an absolute vote count? or do they give weight to the fact that so many counties voted against it?
Banks threatened by IMF sounds like global corporations threatened by WTO. The IMF and worldbank are fronts of the international banking cartel, paying taxes or “insurance” is just like putting it in a fund where it directly goes to the big banks where they can lend it out and get more by asking interest/bankrupting third world nations; the international banking cartel has no interest for keeping the empire of the united states in tact, even more profitable if it is heavily indebted. Predicting the shift of economic power isn’t so hard; more interesting is how long will China last until it breaks over social unrest or screwing up of the planned economy. BIS must be recording huge profits these and coming periods. The up coming economies like india, brasil and so on will not last/grow without western consumption, with the prospects of the madness around man-made climate change (something about mirrors in the sahara i read recently, beside the ridiculous concept of geo engineering) most developing countries are not allowed to industrialise. The carbon tax or emission Enron ponzi scheme will create on purpose an global zombie economy. I think we will enter a new economic order as announced, where it possibly will be very close to what max described as the casino gulag model.
oh.. forgot link
http://www.irishtimes.com/indepth/lisbon2009/
sorry
Ireland
It looks to me like a VERY CLEAR NO !
http://www.irishtimes.com/
County … Yes / No
Donegal1 35 64
Donegal2 36 63
Sligo 43 56
Mayo 38 62
Galway W 46 54
Galway E 47 53
Clare 52 48
Limerick W 44 55
Limerick E 46 54
Kerry N 40 60
Kerry S 42 57
Cork SW 44 56
Cork NW 46 54
Cork SC 45 55
Cork NC 36 64
Waterford 46 54
Tipperary S 47 53
Tipperary N 50 50
Kilkenny 50 50
Wexford 44 56
Wicklow 50 50
Kildare S 49 51
Kildare NS 55 45
Kildare N 55 45
Offaly 56 44
Longford W Meath 46 54
W Meath 44 56
W Meath 51 49
Louth 42 58
Cavan 45 55
Roscommon 46 54
Dublin Regions
50/50
48/52
40/60
39/61
63/37
63/37
35/65
62/38
44/56
36/64
50/50
43/56
36/63
Anybody knows where one can follow the total results from Irish votes?
There is a map on link below but no “total count” for yes and no, only percentage for each area/counties (what do you call the smaller areas in Ireland?).
Hmm…So that explains the red herring at the G20 with Ahmadinejad’s nuclear situation…
There is a simple solution to this…
DONT PUT YOUR MONEY IN THE BANK!
@Mike/Liverpool – don’t see why it’s such a big shock, I was 90% certain that Brazil would get it; it was as easy as predicting the Oscars; but the people of Chicago should thank their lucky stars
So, they want a Internatioal tax, to bale UK/US out?
F*ck!
BTW Seeing how Obama tried to do a “Tony Blair” & get the O=Lip-ics, now he failed so badly…..will he be seen as a loser?
Mike
Constant, conniving, thieving, freakin’ takin’ the f’ in piss!!