Stacy Summary: This is the sort of article that Mish excels at dissecting, so I hope he does that. But, in the meantime, I think Cramer’s own statements are comment enough on just how stupid he is.
- Rising gold means weak dollar, which is good for business
- Rising gold suggests deflation is not a problem
- Rising gold indicates signs of reflation, so prices should recover
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I’m too dumb-struck to comment on this level of stupidity so I’ll leave it to @david with some insightful shit metaphor…
Cramer lost 50% of his audience after the crash – why is he still on air – hes just a clown in a suit
His history suggests that when he recommends something its doomed to failure, therefore, his endorsement makes rational people take pause( if they were considering shifting some portion of their assets to this sector). Given his pathetic reasoning and self serving promotions are his widely known M.O., one has to wonder what he is trying to accomplish here? I doubt its for the public good. It’s probably to serve another interest.
@Dante – he’s recommending people put some money into a gold ETF which is just the paper market
I keep marketing this guy but this video is another great one http://bit.ly/2b8lJj
@MEP I think would like this
“One method of peaceful protest is buying gold or some other commodity currency such as silver or platinum. Doing so is a vote of no confidence in the current system.”
Starving The Vampire Squids
http://news.goldseek.com/GoldSeek/1258037820.php
If you had little or no working overall long term knowledge of the US economy or world economy — he is right.
However, on any closer look note that these items would be true if
1. If only if the US produced actual goods
2. But low and behold — Hyperinflation risk {will | has not} not changed
3. ???? See 2, with a preceding series of wavelet deflationary pulses before hyperinflationary impulse trains
Typo fix:
2. Hyperinflation risk is steady … if you need it in Laconic form
Now I am really pissed. Isn’t this the same mutt that was bragging about the his brand of market manipulation. I guess the masses get what they deserve. This guy goes on and on, all the while the PTB take over and take us down the road to slavery.
Nothing to see here. Move on. Translation: ‘Baa-ah ba baa baah. Ba-ah.
http://www.lewrockwell.com/anderson/anderson270.html
Interseting take on Bear aquittal…
If you still listen to Cramer you need to get you udders out of your ears..
Cramer:
“Don’t buy bullion it’s to expensive”
“We may not like the gold minersindividually”
“An ETF that tracks the price of gold”. Tracks? With a dollar payout on default?
He also gives a subliminal command to the cows at 6:47.
Cramer sounds alarming and then exploits the impulsive need for security..
@stacy–yes your right-and from your use of the term paper…you have to be wondering, like me, who he is trying to help? Also, when gold used to go down that was fantastic…now they are trying to ameliorate it’s rise as a benefactor in a healthy economy …its a fire but its not a fire that will burn down your house…it’s a good fire, you know the kind of fire you use to toast marshmallows….everybody likes toasted marshmallows.
When I here Cramer, this is what enters the fun side of my brain …
http://www.spike.com/video/monkey-eating-his/2697300
http://www.lewrockwell.com/spl/goldman-sachs-gods-work.html
More on Goldman…
If we are parasitic stock meal now, what will it be like when we are taxed for breathing or using energy? Can you imagine wondering if you can afford the carbon credits because you just realized you’re pregnant with twins and only planned a single baby? Or telling your children you cannot be with them for the holidays because you can’t get the carbon credit to travel? Moving to a sustainable community and living stacked while Maurice Strong rides his helicoptero over his newly acquired range in the West US?
And if we buy gold now: we support the fiat pricing empire of the IMF/BIS as they manouever the sdr-manipulated implosion of hard currency. Gold is not a hard currency: it’s price will be called into question with the demise of dollar pricing.
Will one be able to use gold to purchase carbon credits to make life bearable? If the aims of the elite players are fulfilled the answer would be no: the elite do not want to share their personal space with us pitchfork fellows. Why should they when the disparity would only provoke violence?
http://www.moneycompare.com.au/blog/10-amazing-abandoned-bank-vaults.php
Here is what happen when a bank collapse, funny
People must learn to vote with their wallets when it comes to companies, and vote with their, eh, votes, when it comes to representatives..
@ Joe – Yes, I enjoyed it. Thank you. Good on Dylan for taking it to that tool. We see the hysterical conspiracy theories, the corporate teabagger phenomenon, and the rest of the theatrics precisely because those people have no ideas or plans. Their entire worldview has come crashing down. Reverting to Reaganomics won’t do. What’s coming from them is 100% predictable. You can get a taste of it here: http://thinkprogress.org/2009/04/28/sanchez-demint/ They are going to run on “freedom” and “big gubbermint.” I sense that the freedom slogans might finally portray them as the mini-fascists that they are.
Even my financially challenged dad has learned to do the opposite of what Cramer says.
@MEP
you should check out this one where he slams the woman who coined death panel – funny
http://www.youtube.com/watch?v=sWr4CXpWA2Y
This one http://www.youtube.com/watch?v=gAtSmR7Z-Kg
And the reason he got canned from old job on CNBC (which is absolutly right on everything)
http://www.youtube.com/watch?v=Wc_Q9rGaz3g
cramer just gives me a headache…….pg
” I sense that the freedom slogans might finally portray them as the mini-fascists that they are.”
To be mini-Fascists, Mep, the freedom slogan holders must be an arm of a state machine. Would this indicate that you believe Obama to be Fascist or merely impotent?
Isn’t it true that the people holding the signs merely advocate a form of government which you find offensive? Isn’t it true that America is most vulnerable to a currency collapse or a sovereign default brought on by massive and unsustainable deficit spending by the Democrats?
Cramer philophy: Never tell them the truth, because then the audience becomes independend. Whoever listens has identified him/herself as a sucker and deserves to be lied to.
Cramer is stupid? I can think of some people that are even more stupid.
Specifically anyone that listens to Cramer or reposts whatever he says.
Cramer is something that should be utterly ignored, not debated or talked about. Sheesh.
@frances..you said “And if we buy gold now: we support the fiat pricing empire of the IMF/BIS as they manouever the sdr-manipulated implosion of hard currency. Gold is not a hard currency: it’s price will be called into question with the demise of dollar pricing.”
and while I beg to differ and I am short on time… I just want post something I read to counter your opinion on gold:
The legendary Richard Russell continues his gold roll commentary late
yesterday.
Russell Comment — Wow! I did a double-take when I read this
statement. “This is the wave of the future,” I thought. A world
without dollar supremacy. Without dollar supremacy, the US will just
be another has-been nation with ridiculous levels of debts, with a
military it can’t afford, and with a currency that nobody wants.
And I think, what should I tell my subscribers? As far as I can see,
there’s only one “safe haven” in the rapidly changing world of today.
It’s an item that has served as a safe haven for 6,000 years. It’s an
item that seems to be embedded in the DNA of mankind. It’s an item
that has allowed refugees to cross enemy borders and live. It’s an
item that has inspired American men to pack up, leave their families
and head West. It’s an item that inspired Spanish explorers to conquer
parts of America. It’s an item that represents wealth on its own,
without the express backing of any nation or tribe or religion, and,
of course, I’m talking about gold.
Gold represents an affront and danger to every central bank that
enjoys the privilege and ability to create money “out of thin air.”
When asked about gold, Alan Greenspan replied that the Federal Reserve
treats its fiat money just as conservatively as if it was backed by
gold. We now know that Greenspan was mouthing the same brand of BS
that he is now famous for.
Up to recently, it was held that gold was the “reverse-mirror” of the
dollar. But now it seems that gold is the enemy of all fiat
non-intrinsic money. Gold is now rising against just about ALL
central-bank created money. As I see it, we’re watching a “death
struggle” between gold and fiat money. I expect the battle to heat up
in the months and years ahead.
Question — Russell, what do you think the Fed’s attitude is toward a
rising price for gold?
Answer — I think the Fed is divided and worried about rising gold. On
one hand, rising gold implies inflation, which is what the Fed wants
(but not too much of it). But on the other hand, rising gold implies a
weakening dollar. A weakening dollar is OK with the Fed — as long as
the weakening dollar does not morph into a collapsing dollar. The Fed
is also worried that a weakening dollar will drive the price of bonds
lower, meaning rising interest rates. Remember, the Fed cannot control
or manipulate the whole bond market, much as they’d like to.
Whew! The Russell advice — buy as many gold bullion coins as you’re
comfortable with. Put ‘em in your bank vault and wait.
sorry for the way that formatted itself on screen
@Snoot
Thats why political parties are just a sham… left- right its more arguing over petty differences. in either case how MEP feels about the tea-baggers there is still a large portion who are upset about how the Right and Left have run the country and would rather have something different. I think a certain portion is independants just fed up with gov spending and being used by corporations. Obviously Obama and the left havent come up with an answer… so the whole bashing thing directed at either party is just silly
BTW:
someone mentioned IRC a few days ago
go to freenode
and join #maxkeiser there
@Dante:
“Up to recently, it was held that gold was the “reverse-mirror” of the
dollar. But now it seems that gold is the enemy of all fiat
non-intrinsic money. Gold is now rising against just about ALL
central-bank created money. As I see it, we’re watching a “death
struggle” between gold and fiat money. I expect the battle to heat up
in the months and years ahead.”
Could you research carefully the IMF sdr-manipulation games ongoing at present as well as you research gold you might find the reason behind the recent rise in gold in ‘all currencies’. There is something very fishy with the IMF at present: and especially that gold ‘sale’ to India.
I spend a lot of time reading gold site literature believing that the information was purer somehow, but I came to realize that the gold-bugs would ride this train to Aushwitz with their sack of gold and jump off right before reaching the station if it meant their gold would retain a high price. Fuck the other passengers.
And the price of gold is not an indication of gold’s value: the price of gold at present is a representation of the play of the corrupt fiat gambling exchange and indicative also of fraud in the etf market.
The longer we play the game the easier for the big boys to bait, switch, and hog-tie us all to their benefit. The fiat currency endgame is not meant to benefit anyone but those who directly own interest in the currency game: and it won’t benefit anybody else.
Buy Buy Buy! At the all time High!
@Stacey and Max
About the show. One of the reasons why Oil is not really discussed properly in Britain is because it is seen as lying mostly within the international boundaries of Scotland.
There was a report in the 70s that was considered politically explosive in terms of the financial viability of an independent Scotland. The report was buried by the government and was recently released and treated like ‘history’ by the press. It showed that the wealth from oil was massive. All during this period when the nationalist party was on the rise Scots were told that the oil was about to run our. More than 30 years later there’s still a lot of it left..
Here’s an article by The Independent on the subject:
http://www.independent.co.uk/news/uk/this-britain/how-black-gold-was-hijacked-north-sea-oil-and-the-betrayal-of-scotland-518697.html
Is Cramer stupid or is he a total sociopathic liar. I have a feeling that most of these guys on CNBC are miserable and most of them, especially the reporters and anchors, are constantly losing money in the markets
ahhhh Cramer. I remember a few years back when Jimbo said…and i quote “you can’t get enough AMD at forty ” ($/share)
You can learn much from understanding the minds of your enemies.
Wow, what an posting frenzy..
Also, whoever believes Cramer is stupid should think again, he know perfectly well he is lying and misdirecting, that is what he profits from : a obedient herd that will move according to where he projects the pasture, dogs and barbs. And the wierd thing is that if you are in the herd you might do well, until he fleeces you or directs you to the slaughterhouse…
Max&Stacy, here is something to spend your goldmoney on, a castle: http://www.wrmakelaardij.nl/aanbod/buitenland/object/12/Schlossstrasse%2013,%2002999,%20Uhyst
Also, I should point out that I have NEVER seen gold get so much mainstream coverage in my entire life (literally, in my entire life because I was born just after Gold peaked, in 1981). All the chatter about the supply and demand side of gold that is increasingly being talked about is stuff that we already knew years ago. I don’t know how much higher gold is going to go before we get another correction, but I would not be buying at these levels. We could see a massive correction in gold if there is another liquidity panic.
@Joe
My take on the left right thing is that the right will do the bidding of the Oligarchs/corporations 99% of the time to the detriment of the people. the left will do it 80%. So there is a clear benefit to vote Democratic.
@ Mother earth
You are what you eat right? US=cattle farm.
@frances your good at negative symbolism ie.
I spend a lot of time reading gold site literature believing that the information was purer somehow, but I came to realize that the gold-bugs would ride this train to Aushwitz with their sack of gold and jump off right before reaching the station if it meant their gold would retain a high price. Fuck the other passengers.
and I agree that something is fishy with the IMF.
What I don’t agree with is gold fits into your fiat pricing. Gold is anti credit. Fiat by extension is credit. Derivatives are a form of credit. Credit drives demand therefore prices of assets. The benefits derived from asset booms plays into majority of insiders. Wage earners dead on arrival. Without rollover of debt , prices across the board come down creating greater affordability over time for majority.
Y’all
yes dahlink… it was a lovely dinner party… and did you hear what that fascinating american man said… no no dahlink not the boring 1776 rubbish… the part about us not being tight fisted, money obsessed hoarders… because in fact with all the gold we are buying we are actually protesters dahlink… yah… protesters… and we are helping the ecology too dahling… oh dahling I can’t wait to tell our friends at the next cocktail partay….oh I do hope it goes up in price like he said … we don’t want the riff raff buying it all up… now do we?…. oh dahlink… I haven’t felt this excited for a long time… I love Paris we should come more often… oh I say… why don’t we give the servants the night orf… we could play Bonnie and Clyde… and tonight dahlink I want to be Cyde!!!
BBC split the gold price up in a am and a pm fix..What is the significance of hese prices?
@Dante:
Do you think there will be a great deflation of liquidity due to defaults? You are saying, I think, that gold is liquid. Right? Fungibility of gold is due to its status pricing in dollars.
What happens if that status is irrevocably upended?
@all
Did you notice the link for SouthPark on the other thread where Paul Watson gets slammed with a Jap harpoon is pulled due to ‘copyright infringement’. How’s that for irony? It was a cool shot: Watson with his pot in front slammed broadface into the ship’s side. Something spoof about Watson pretending to be shot once for the media:
http://www.zimbio.com/Nisshin+Maru/articles/7/Paul+Watson+Shot+Wait+a+Minute
I watched it last night on the thread but today it is pulled. Odd, huh?
Let me ask you a question and I’m not inferring this is the situation at present:
What was the fungibility of a gold in Zimbabwe after the depreciation?
Were you better off in gold or Zimbabwean dollar?
From what I read credit came to a halt…what happened to those holding gold? currency?
LOL Obamao!
http://www.moonbattery.com/obamao-t-shirt.jpg
@Dante
Zero, but it all depends on whether you are allowed to bring it to the market..Remember the Zimbabwean gold was dug out of the ground by its starved population to buy state bread, not entirely ethical gold..
http://www.timesonline.co.uk/tol/news/world/africa/article5796426.ece
@Dante:
I hope that gold serves you well. I really do. But the horror of Zimbabwe is that the locals were forced to mine gold to survive. It wasn’t a normal exchange circumstance. And you are most likely right that it would have been better to be in gold than the Zimbabwe dollar. Because gold was still priced in dollars and the international financial system was still operating in fiat gold pricing.
Question is: can we correlate the past experience with gold exchange during currency collapse to the future probable collapse of the dollar? I think not. The entire system of fiat exchange will be decimated this go round.
@ frances – No, I don’t consider people who have different views than I to be fascists. People who hype national religion; hype the military; are increasingly more comfortable in displaying their racism; cannot even stand diversity in their own party (which party is purging all moderates?); demonize minorities, gays, liberals, intellectuals, unions; appeal to irrational emotions in order to bypass reason; are ratcheting up all kinds of freedom and patriotism slogans; clearly believe in more deregulation and privatization; etc.–those people, I do view as mini-fascists.
Does decimation also occur outside regions with the metric system?
@Mep
Mini-fascist, untermensch, paleo-nazi ?
@mother earth…you, like Frances, like to con volute arguments…
I understand Zimbabwe is a corrupt government but you did not answer the question.
What value did the Zimbabwean currency have versus gold and which one would have helped you more recover from that disaster?
@frances…sorry I see you answered.
Here’s one for Max; Coke is increasing its investments in Brazil and China, because its domestic sales aren’t so hot:
http://www.huffingtonpost.com/huff-wires/20091112/us-coca-cola-brazil/
Question is: can we correlate the past experience with gold exchange during currency collapse to the future probable collapse of the dollar? I think not. The entire system of fiat exchange will be decimated this go round.
This is my opinion only… but I think Bric will try to devalue along with US, and China is pushing their citizenry into gold/silver because at some point the ratio of convertibilty into whatever new medium of exchange is decided will preserve its purchasing power to a greater degree through those metals than pure fiat.
@MEP
your right on every aspect of that as relating to the Bush ‘right’ or Neo-Con but the genuine libertarian movement is breaking from that crap. they more mirror the left in social principles but without the idea of the nanny-state
@Dante
Sorry about that. Convolution is the destiny of any argument. At a certain point you either act upon your conclusion or you argue on in a convoluted way.
The fungibility question, the price of bread in gold did not change, it may have gone down because the amount of gold on offer decreased over time. The Zimbabwean dollar is officially dead and replaced by the usd. Apparently Zimbabwe was not able to find someone to press its coins. I never get how hard it is to remove Mugabe, I get the impression Zimbabwe was a lab to see how the population would respond.
“People who hype national religion; hype the military; are increasingly more comfortable in displaying their racism; cannot even stand diversity in their own party (which party is purging all moderates?); demonize minorities, gays, liberals, intellectuals, unions; appeal to irrational emotions in order to bypass reason; are ratcheting up all kinds of freedom and patriotism slogans; clearly believe in more deregulation and privatization; etc.–those people, I do view as mini-fascists.”
If you take out ‘gays, liberals, and unions’ this list pertains to Obama! Maybe he’s a mini-Fascist?
@Y’all
It’s that time again….:)
‘Once again, Britons have been honoured in the annual Ig Nobel awards ceremony, the second most important event on the scientific calendar. The Ig Nobels, or Igs, are an annual exercise in irreverence that celebrate research that “cannot, or should not, be repeated”. They are given to scientists whose results first make people laugh, and then make them think.
The ceremony took place at Harvard University on Thursday, with the coveted prizes handed out by real Nobel laureates. This year’s recipients were allowed no more than 60 seconds to deliver their acceptance speech, a time limit enforced by an eight-year-old girl.
Veterinary medicine prize: Catherine Douglas and Peter Rowlinson at Newcastle University’s school of agriculture share the award for the groundbreaking discovery that giving cows names such as Daisy increases their milk yield.
“It’s the highlight of my career,” said Ms Douglas. “The work amused the public, but it addressed a serious issue about the welfare of animals and points to an easy way to improve yields by reducing stress in cattle.”
Peace prize: Awarded for research on whether it is better to be smashed over the head with a full beer bottle or an empty one, the prize went to Stephan Bolliger and colleagues at the University of Bern in Switzerland. “Empty beer bottles are sturdier than full ones,” the researchers reported. “However, both full and empty bottles are theoretically capable of fracturing the human neurocranium.”
Public health prize: Awarded to Elena Bodnar of Hinsdale, Illinois, for patenting a bra that, in an emergency, can be converted into a pair of gas masks, one for the owner and one for a needy bystander. “This way, the mask is always readily available,” she said.
Medicine prize: To Donald Unger, a doctor in Thousand Oaks, California, who cracked the knuckles of his left hand, but never those on his right, every day for 60 years to investigate whether it caused arthritis. Mr. Unger, now 83, told the Guardian: “After 60 years, I looked at my knuckles and there’s not the slightest sign of arthritis. I looked up to the heavens and said: ‘Mother, you were wrong, you were wrong, you were wrong.”’
Chemistry prize: Javier Morales shares the award with two colleagues at the National University of Mexico for turning the national drink, tequila, into diamonds. Thin films of diamond were produced by heating 80 per cent-proof tequila blanco in a pressure vessel.
Biology prize: Fumiaki Taguchi, Song Guofu and Zhang Guanglei of Kitasato University graduate school of medical sciences in Japan share the prize for demonstrating that kitchen waste can be reduced by more than 90 per cent by using bacteria extracted from giant panda excrement.
Mr. Taguchi suspected panda faeces must contain bacteria capable of breaking down even the hardiest of foods because of the bear’s vast consumption of bamboo.
Mathematics prize: Awarded to Gideon Gono, governor of Zimbabwe’s Reserve Bank, for giving people a simple way of dealing with a wide range of numbers. Mr. Gono ordered his bank to print notes with denominations ranging from one cent to one hundred trillion dollars.
Literature prize: Awarded to the entire police force of Ireland for issuing more than 50 penalties to a man they supposed to be the most persistent driving offender in the country: a Mr. Prawo Jazdy, whose name in Polish means “driver’s licence”.
An investigation held earlier this year revealed officers had mistakenly taken down the wrong details from motorists’ documents.
Economics prize: Awarded to the directors, executives and auditors of four Icelandic banks: Kaupthing bank, Landsbanki, Glitnir bank and Central Bank of Iceland, “for demonstrating that tiny banks can be rapidly transformed into huge banks, and vice versa — and for demonstrating that similar things can be done to an entire national economy”. ‘
@Dante:
China and BRIC look set to be ensnared by the sdr-dracon. Like Hotel California on a bad mushroom trip: check in, oops, no check-out.
So England sells gold at Browns bottom; that 200 million ounces Indai bought was it the New Delhi(gh)
Mugambe was knighted by the Queen and deknighted: I think he is a major embarrassment.
Everyone knows Cramer is a goof and should do the exact opposite of what he tells you to do. so there must be either a correction coming in the market.
“Does decimation also occur outside regions with the metric system?”
Once men realize that it really can’t be agreed upon where to put the decimal in exchange transactions, then the decimation will occur according to the power of the force applied for its own benefit.
It is fun to read along with retards at cnbc. Made my day. Thanks Max and Stacey for bringing some humor to my life, for to take this igit seriously and follow his advice, we could end up losing have our retirement investment…oops…he has been there and done that.
Wanker!
“Obama’s market” in Kabul: http://www.mcclatchydc.com/homepage/story/78728.html Surely, US corporations must be glad to see that Afghans like their products.
@ frances – If you take out ‘gays, liberals, and unions’ this list pertains to Obama! Maybe he’s a mini-Fascist? Such a question is going absolutely nowhere with me. If you think that “taking out gays, liberals, and unions” makes the rest pertain to Obama, then you’ve obviously not been paying close attention to the hate rallies that have been going on since the campaign or the kind of rhetoric and tactics that have been established and are only escalating.
I’m fine with people saying that the “left/right paradigm is BS.” I’m not fine with false equivalencies that suggest that there is any comparison between the pure insanity being expressed by the right and anything we’ve seen on the left.
The Continental Congress is streaming live this week. The Congress is meeting for about 2 weeks:
http://www.cc2009.us/
(They are on lunch break right now)
They are cronicling the legal violations by the federal govt. as the first step to restoring the legitimacy of the Constitution.
Where’s Omar Little when we need him most?
http://www.megavideo.com/?v=JAA62YD9
This guy could fix Cramer
Who watches that monkey anyway?
@Mep:
“I’m not fine with false equivalencies that suggest that there is any comparison between the pure insanity being expressed by the right and anything we’ve seen on the left.”
OH, really? Well close your eyes then, or blink fast.
Your list is completely arbitrary, and I only applied the facets of the gem to the man whom I believe most resembles the arbitrary dashes and dots in your moral code. There really is not ‘left’ or ‘right’. People are people and tagging them only serves the purpose of enabling a marginalization of those ideas which make a bad hinge on one’s door. Keep the door’s space open: it will let a little air in. Minds should not herd people into fences.
http://beemp3.com/download.php?file=6397053&song=Aicha
uh oh…which side of the border was it more fungible?
Canadian border guards nab Syrian with $800K in gold
Nawaya has not been charged with a crime. However, RCMP are recommending charges for the failed declaration under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, he said.
http://www.cbc.ca/canada/british-columbia/story/2009/11/11/bc-syrian-arrested-border-gold.html
@ MotherEarth
“Also, whoever believes Cramer is stupid should think again, {…} ”
I agree. He’s not dumb. Which of course begs the question, “so why does he spruik stupidity”?
One Financial Event Analysis site (prob. biased, but who knows?) had this to say:
“Jim is a complicated man.
I say this neither to excuse nor condemn him. Instead, I am acknowledging that to my eye Jim Cramer’s moral code is written in hieroglyphics, and I would no more try to judge that code than would an anthropologist pass judgment on the rite-of-passage ceremonies of some obscure tribe. In the face of something so foreign, one may only say, it is what it is. The precise reason why Cramer exists beyond good and evil, however, must wait until the end of this piece.”
Here’s the cited page:
http://www.deepcapture.com/jim-cramer-is-a-complicated-man/
wondering if he had been carrying bullion vs coins he would have been okay ?
2,5 T oil roundtripping story is interesting.
Can’t this be done with gold and drive up the price artificially?
http://www.philstockworld.com/2009/11/11/goldmans-global-oil-scam-passes-the-50-madoff-mark/
A closed-door meeting between the Obama administration and 3 top Israeli officials.
http://www.youtube.com/watch?v=uSItM5VO4QM&feature=player_embedded#
Anyone have more info?
Gold, Silver and Art:
a collection which celebrates the humble data behind mighty economies: commodity prices.
Gold, Silver, Lead & Oil prices are lifted from the financial pages and transformed into wearable art.
http://www.thisisplot.com/gold.html
@Justget Itright … A closed-door meeting between the Obama administration and 3 top Israeli officials Anyone have more info?
Iran was the only subject on the Obama-Netanyahu, Gates-Barak agendas
http://www2.debka.com/headline.php?hid=6368
@Majestic
Why? Because he makes money riding on the coattails of the sheep he is herding..More like the horses in front of his cariage. His words make him money, he does not care what they represent.
@Troy
Interesting post!
@MotherEarth
No, I agree. My question was mainly rhetorical, but still needed to be asked so that fairness (to even him) would not be denied. — I mean, there must be *some* reason.
Having said that, this seem to be an interesting take [article] (for anyone who is interested):
http://www.dailykos.com/storyonly/2009/3/5/16720/74815/703/705113
This ol’ stock market sure is entertaining from one day to the next. But I think that until the policymakers in Washington wake up (or are woken up by enough voters) and learns to understand that the basic foundation of our financial system and economy need to be rebuilt so that we aren’t attempting to solve a debt crisis by creating more debt (just like giving a drug addict more drugs to cure the problem), we won’t have anything close to a true recovery. So for the average person I think they should remain mostly in cash, as well as some exposure to the gold sector, through the gold price and gold mining companies. The government’s efforts to fight deflation are supporting the gold price because of the easy monetary policies and money printing, and I don’t see this trend ending in the near future. I also just saw some interesting articles at http://www.goldalert.com/goldmining/auraminerals on a gold miner that I especially like, Aura Minerals. The company reported earnings and gold production figures from a gold mine that it acquired from Yamana Gold when the price of gold was significantly lower. I think that going forward Aura will continue to offer leverage to the gold price for investors. Finally, getting back to the government, there are so many unintended consequences that I believe have yet to come to the forefront. I would definitely prefer to have a more positive view on the future, but unfortunately this is the way I view things when I look at our current situation.
there are 2 Proffesions which Jump Skip Reccesions n Depressions ie Medical care n Lawyers but u’d probably get scammed by a Lawyer RODFL
@Majestic
http://www.deepcapture.com is a great site run by the CEO (Patrick Brynes*?) of overstock.com or somebody related to him. The site is devoted towards naked short selling and market manipulation. I enjoy it.
The “Problems” of wealth:-
http://www.worldcarfans.com/109111223023/fail-bugatti-veyron-driven-on-water-video
Mike
@Y’all
111111111 x 111111111 = 12345678987654321.
trinkets no, gold no… giant cofee table book with lots of amazing illustrations… er… yeah… what I would like for chrimbo!!!
John Michell – How the World is Made: The Story of Creation According to Sacred Geometry
http://tinyurl.com/ydtxwpg
@stacy or Max…talking about etf’s..you had a guest on named Rob Kirby. He just released a pretty disturbing report on the gold etf…maybe you could have him back as a guest to explain his findings?
@ frances – my list is not arbitrary if you’re looking at historical patterns of fascist movements.
@ Joe – IMO “the nanny state” would not be such an issue if not for widening inequality. I believe that we should always have a strong safety net, but that our policies should seek to limit the # of people who have to rely on that net.
@ All – Interesting . . . the media got the story wrong re: who took down the Fort Hood shooter: http://www.huffingtonpost.com/greg-mitchell/massive-media-fail-female_b_355600.html
@MEP
I see the widening inequality as part of the redistribution of wealth in part done by government. The gap has only widened while government has grown. If you can find any different information that refutes that id be glad to see it in all honesty. Safety nets do seem as a good thing but i think its more short term and long term detriments (seen in social security). Low taxes – good regulation – common sense laws is what gov should stick to.
then again no system is perfect but i’m always up to hear the other side of the story/opinion.
I know a lot of you hate on Cramer…He is a bombast but he did tell people to get out of the market in early October 2008 and he answered an email I sent him in 1998…
talking about scams…did you see this one?
Florida Attorney’s Alleged Scam May Be More Than $1 Billion
http://www.bloomberg.com/apps/news?pid=20601087&sid=aS6Olx_mwGrg&pos=6
fascist movements start with big government right?
@ Joe
Yes, a fascinating site when I read it a few months ago.
Information overload for sure. But when you read it you understand why.
I appreciated his even-handiness when dealing with some of the characters involved — despite being appalled by it all — which is why I chose to quote it.
In our tussles within life; we’d all like there to be obvious good guys and bad guys — black and white, so to speak. But what allows the “bad guys” to get away with what they do is probably that they’re not so easily pigeon holed. (That doesn’t mean that they’re still not bad at the end of the day however, of course)
cheers
@MEP
Social security is not a bad thing at all i saying but its hard to fund those programs – as seen by the boomers retiring. I was just using it as an example
@MAx @Majestic @stacey
Getting Patrick Brynes on one of your shows would be great. He has a few videos on youtube on him talking about the naked short selling scandals that has almost brought down his company and others. Great guy too, fought and beat cancer i think 3 times.
Another future predictor …
Forget 11,000, Dow Heading for 6000 and GE Still a Short, Charles Ortel Says
http://finance.yahoo.com/tech-ticker/article/371145/Forget-11000-Dow-Heading-for-6000-and-GE-Still-a-Short-Charles-Ortel-Says?tickers=GE,%5EGSPC,%5Edji,PIN,GLD,SPY,DIA
@supergeek
I have a copy of the original Shams Al-ma’arif Al-kubra, very interesting book all arabic of course.
Maybe Goldman are using ‘sacred geometry’ in their algorithms…
@ Frances, The eye scares me.
This guy is such an a-hole, I beleive he just called a top in Gold and a possible rally in the dollar. How this jerk ever made a dime running a Hedge fund is beyond me, then again during the tech runup all you had to do is throw a dart at the Wall and you would strike gravy. That plus all the insider trading I am quite sure he was dedicated to.
Case in point of how you can talk a smart and fast game and always be wrong but never have to be even remotely accountable for it. A classic sociopath by the way, fits the description to a T. And I fully understand his appeal amongst the Plebs and Prols.
@Supergeek:
Boo!
@OP:
I’m sorry, I thought you were Supergeek! It’s a eye from nature!
@OP:
The book 2012 The Return of the Quetzalcoatl is one of my favorites: he has a section on sacred geometry. (author- Daniel Pinchbeck)
@Frances; yeah nature in all its beauty can still be really frightening.
We have some of the scariest critters that walk, crawl, slide & swim on the planet down here.
We have gators:
http://www.orlandosentinel.com/news/local/os-alligator-under-car-20091108,0,7350484.story
And we have cane toads! Strange water birds from the Everglades, nasty snakes, walking catfish, tortoises…Denninger.
“appeal to irrational emotions in order to bypass reason”
What makes the rational more accepted than the emotions? How do we know what rational is? Why do people fear to trust their emotions?
Isn’t poetry’s appeal the bypass of rational for emotive imagery?
@Snoot
Good point – spoken like a true poet.
I guess what is considered ‘rational’ usually comes from the aftermath. Many who use strong emotions in instances return to regret them – that isn’t true in all cases. But its a good conundrum you bring up
@op
your doggy has always scared me!!!
@frances
depends what the definition of “Isn’t” isn’t
@Joe:
AHH! What is considered rational! The Mayans considered it rational to sacrifice baby’s after painting them blue. Of course, our wars are rational. Vaccination ditto. Right?
Once I was driving in the mountains in Peru along a steep and narrow stretch of road with a vertical drop of hundreds of feet. The driver was chatting merrily and passing cars without any forethought. He was in the act of passing another vehicle when I leaned forward and said, “Stop.” He pulled back and a car whished past us on the side where we almost journeyed.
Rational?
What if I had silenced my feeling? I wouldn’t be typing this now.
@ Joe – I see the widening inequality as part of the redistribution of wealth in part done by government.
You would be correct. The policies that enabled that redistribution are what we should be looking at. Union busting, the lowering of the top marginal tax bracket, the weakening of the safety net, NAFTA, deregulation of finance, offshoring/outsourcing of jobs, privatization, and increasingly regressive state tax systems all played a starring role. Changes in the labor market did, too.
Advances in technology/automation tend to drive down wages. Aside from automation and declining union membership, the sharp increase in temporary, part-time, and contract workers over the past couple of decades have really hurt ordinary families, too (especially now that the biggest job growth is in the service sector). Workers who fall into those categories generally don’t have decent benefits if they have them at all. Hence, we see more and more people either going broke to pay for things like medical care, or else relying heavily on welfare programs.
Of course, going off the gold standard and the depreciation of the dollar is something that can’t be ignored. People don’t realize it, but the fact is that the minimum wage, measured in 2007 dollars, was $9.15 in 1968; it was $5.80 in 2007. The majority of Americans have had stagnant or declining wages for 30 years now.
One more thing about the increase in the income and wealth gap that we’ve seen over the past few decades: a crucial factor has been the financialization of the economy. Those huge Wall Street and corporate bonuses have skewed the distribution of income to the extreme. And we all know that that money doesn’t get recycled into the real economy.
The gap has only widened while government has grown.
As stated, that cannot be disputed, simply because the widening has taken place at the same time that government has grown (however you define government growth). However, I firmly believe that a lot of this”growth” only occurred because the majority of the country has had stagnant wages and has had to rely on things like Medicaid, foodstamps, and other welfare programs at the same time that the cost of all basics (education, food, energy, health care, education) have increased.
On social security, just be glad that Bush, the Cato Institute, and Freedom Works didn’t succeed in privatizing social security. It would’ve been wiped out in the stock market crash.
I could find all sorts of charts and graphs for you, but I don’t know how much that would interest you. If you don’t mind videos, I’d strongly suggest this lecture of Robert Reich’s, Barbara Ehrenreich’s appearance on Bill Moyers (a href=”http://www.youtube.com/watch?v=NvcvdC2d0So&feature=related”>Part 1; Part 2 ), and Noam Chomsky’s lecture on Class War (Part 1 is here and the rest can be found under the related videos column). These all do an excellent job of describing the many assaults that have been waged on the poor and the middle class during the past 3 decades.
I think we only get to “smaller government” by closing the inequality gap (many different ways to do that–including real monetary and financial reform), cutting defense spending, adopting a national health insurance program, ending corporate welfare, and getting corporations out of policy-making. The more equal we become, the less need we have for big government to provide for us and our fellow citizens.
And what of dreams that are premonitions? Here is Derrida:
“The opposition of dream to wakefulness, is not that a representation of metaphysics as well? And what should dream or writing be if, as we know now, one may dream while writing? And if the scene of a dream is always a scene of writing? A the bottom of a page of Emile, after having once more cautioned us against books, writing, signs (What is the use of inscribing on their brains a list of symbols which mean nothing for them?”), after having opposed the “tracing” of these artificial signs to the “indelible characters” of the Book of Nature, Rousseau adds a note:
‘the dreams of a bad night are given to us as philosophy. You will say I too am a dreamer; I admit it, but I do what others fail to do , I give my dreams as dreams, and leave the reader to discover whether there is anything in them which may prove useful to those who are awake”[pg 76)…
—Of Grammatology (pg 316)
@WL:
My orange is prettier than your blue! Isn’t it?
Rational thought is based on reasons, motivations, that are imagined to support a chain of events. No guarantee those events or reasons are real or imaged. A sense of reality depends on how easily you trust your own imagination..
Yes, MotherEarth. But there is something more: that which Descartes refused us. The reason the men stoned witches is the understanding of the different kind of knowing. That and property abrogation of course.
I acted according to a knowing. Where did it come from? I can’t imagine I imagined it but perhaps I dreamed it and I forgot. Is this Rouseau’s idea?
No idea if this is true or not.
Worth a look and further discussion though.
http://www.youtube.com/watch?v=dzQBiiwo09g
@frances
the ants coming out of the hand bit is great… but people mostly remember the eye scene!!!
Un Chien Andalou (WTF!!! excerpt)
http://www.youtube.com/watch?v=U03CfNYHOTg
OMG, frances, do you need me to post a series of videos?
Health care bill a greater threat than any terrorist in the world.
Health care bill will kill seniors if they’re not worth it.
VA manual encourages our Vets to commit suicide.
Bachmann: “This [health care reform] cannot pass…What we have to do today is make a covenant, to slit our wrists, be blood brothers on this thing. This will not pass. We will do whatever it takes to make sure this doesn’t pass…Right now, we are looking at reaching down the throat and ripping the guts out of freedom. http://thinkprogress.org/2009/09/01/bachmann-slit-our-wrists/
Health care bill is “the final solution”.
You have every reason to fear the death panel.
Do you need more? Some refreshers of Faux News drivel . . . Beck appealing to the IRRATIONAL emotions of his viewers while making no logical sense, perhaps? Some clips of politicians engaging in “Obama-is-a-terrorist” talk or “he wasn’t born in the country” crap? That’s what I mean. What don’t you understand about people talking complete nonsense and getting away with it because they are appealing to the fears and the most base emotions of their audience?
http://seekingalpha.com/article/172797-the-global-oil-scam-50-times-bigger-than-madoff?source=hp_mostpopular
Must read!
ACTA: Internet Users Guilty Until Proven Innocent – Shelly Roche on RT TV
http://www.youtube.com/watch?v=aV2KkxUnl_U&feature=sub
@Mini US … Noshe …
Wow … really heavy stuff …. and now the Ukraine official !
Who says they never ring a bell at the top of the market?
All 3 (very dodgy) picks down on the day, also the metal.
I guess he sold yesterday.
Booyah
ABB
@MEP
thanks for the videos- they do interest me. I have exhausted my Noam Chomsky limitations lol having watched all his youtube videos. He is a known Social Libertarian or w/e u would like to describe it.
Also the 30 years of stagnant wage growth is very true even when output production has increased almost by 75% (if im not mistaken).
Like Peter Schiff said & i dunno how you feel about him but the standards of living in the U.S. will either fall or stagnate in any scenario because of the years we lived off China’s and others creditor nations.
If we didnt build that phony economy via deficit spending so on so forth then we wouldnt be in this situation where we would have to go through a possible ‘lost decade’ or possibly lost decades – in either case you make some great points. Ill check out Robert Reich and Barbara Ehrenreich’
Not to be a bug but Health Care from a different perspective:
Don’t Copy Europe’s Mistakes: Less Government Is the Right Way to Fix Healthcare http://bit.ly/37XHSR
Interesting short segment
I am trying to get info from Ukraine.
a friend of mine is Russian and will call some
friends over there…..
lets wait if I can find out some more
the thing is very concerning
To me the question is not so much as to what future events do market forces dictate will happen, but rather: What do the oligarchs want to happen? I mean, if they have the power to bring about 9/11 and Lehman whacks and economic bubbles galore, like an army of veritable Dr No’s, they represent a serious (mis)guiding force.
On Doing God’s Work
By: Rob Kirby
“Gold Finger – A New Take On Operation Grand Slam With A Tungsten Twist”
http://news.goldseek.com/GoldSeek/1258049769.php
Scare tactics or true ?
PS@Gold
Excerpt from the GLD prospectus on page 11:
http://www.spdrgoldshares.com/media/GLD/file/SPDRGoldTrustProspectus.pdf
Gold bars allocated to the Trust in connection with the creation of a Basket may not meet the London Good Delivery Standards and, if a Basket is issued against such gold, the Trust may suffer a loss. Neither the Trustee nor the Custodian independently confirms the fineness of the gold bars allocated to the Trust in connection with the creation of a Basket. The gold bars allocated to the Trust by the Custodian may be different from the reported fineness or weight required by the LBMA’s standards for gold bars delivered in settlement of a gold trade, or the London Good Delivery Standards, the standards required by the Trust. If the Trustee nevertheless issues a Basket against such gold, and if the Custodian fails to satisfy its obligation to credit the Trust the amount of any deficiency, the Trust may suffer a loss.
From what I have read so far, it’s only the 400 oz. bars.
.. not that that is good of course !
All of ya’ll radios out there
This song goes out to yo
Yeah, Aicha, for my sister, ya
[Verse1]
So sweet, so beautiful
Everyday like, queen on her throne
No, nobody knows how she feel
Aicha, Lady one day it’ll be real
(Lets do it)
She moves, she moves like a breeze
I swear I can’t get her out of my dreams
To have her shining right here by my side (shining like a star)
I’d sacrifice all them tears in my eyes
ohohohh
[Chorus]
Aicha Aicha – passing me by (there she go again)
Aicha Aicha – my my my (is it really real?)
Aicha Aicha – smile for me now (I don’t know, I don’t know)
Aicha Aicha – in my life (Yeah)
[Verse2]
Mmm, she holds her child to her heart
Makes her feel like she blessed from above
Falls asleep underneath her sweet tear
Lullaby fades away with his fear
ohh
[1/2Chorus]
Aicha Aicha – passing me by (there she go again)
Aicha Aicha – my my my (Like this, here we go)
[Bridge]
Needs somebody’lean on (lean on)
Someone body, mind & soul (body, mind & soul)
To take her hand, to take her world
Show her the time of her life, so true (true)
Throw the pain away for good
No more contemplating (boo) (No more contemplatin)
No more con.tem.pla.ting boohoho (aha)
[Verse3]
Lord knows the way she feel (I wonder)
Everyday in his name she begins
To have her shining here by my side
I’d sacrifice all them tears in my eyes
Ohh
Aicha Aicha – ecouté moi (Lets do this)
[Chorus]
Aicha Aicha – passing me by (there she go again)
Aicha Aicha – my my my
Aicha Aicha – smile for me now
Aicha Aicha – in my life (ohh)
Aicha Aicha – (there she go again)
Aicha Aicha – passing me by (one more time)
Aicha Aicha – (she don’t know, she the light of my life, no she don’t)
Aicha Aicha – (no she don’t) (ohh)
I am trying to get some info out of the Ukraine, it is very hard.
I have a Russian friend who knows people over there….
Lets wait and see…
What a coincidence @Phil, I was reading about the ACTA meeting all day long today, here are some links though some days old.
Take a look at this short segment of the program Freedom Watch, http://www.youtube.com/watch?v=jSa6hmSR-1A the copyright cartel strikes again.
The countries include Australia, Canada, European Union states, Japan, Korea, Mexico, Morocco, New Zealand, Singapore, Switzerland and the United States.
# http://www.boingboing.net/2009/11/03/secret-copyright-tre.html (Secret copyright treaty leaks. It’s band. Very bad.)
# http://www.eff.org/deeplinks/2009/11/leaked-acta-internet-provisions-three-strikes-and- (Leaked ACTA Internet Provisions: Three Strikes and a Global DMCA)
# http://www.huffingtonpost.com/james-love/acta—-a-patriot-act-for_b_345000.html (ACTA — A Patriot Act For the Internet)
# http://torrentfreak.com/secret-anti-piracy-treaty-turns-isps-into-pirates-091104/ (Secret Anti-Piracy Treaty Turns ISPs into Pirates)
# http://www.michaelgeist.ca/content/view/4510/125/ (The ACTA Internet Chapter: Putting the Pieces Together)
# http://www.wired.com/threatlevel/2009/11/acta/ (Here’s That Leaked Copyright Treaty Document)
@ Joe – I don’t recall what the % of production output has been. I do know that production increased by 33% between 1973-1998, and that if workers shared in those gains that they helped create, the average hourly wage in 1998 would’ve been $18.10, not $12.77–which would’ve meant an increase in income of a little over $11,000 for full-time, year-round workers.
About Schiff, I mostly see his stuff here. He’s definitely right about a decrease in living standards–I accept that as a given, and as not necessarily a bad thing if it means that we slow down and stop consuming so much. I’m very worried, though, about inequality increasing even more. To borrow a phrase from Robert Reich’s speech, I am extremely worried that we will grow so far apart that we will “snap.” There are signs that we’re well on our way.
@ Mep
“Do you need more? Some refreshers of Faux News drivel . . . Beck appealing to the IRRATIONAL emotions of his viewers while making no logical sense, perhaps? Some clips of politicians engaging in “Obama-is-a-terrorist” talk or “he wasn’t born in the country” crap? That’s what I mean. What don’t you understand about people talking complete nonsense and getting away with it because they are appealing to the fears and the most base emotions of their audience?”
Thanks Mep with you here I do not have to say anything.
There is clearly a big difference between the left and the right. If there was not there would be a be a big push by the left in the left to rid themselves of the blue-dogs Democrates.
There would also be calls from a real leftist movement to eliminate all corporate involvement in government. When a government is formed by bringing in a bunch of union leaders and ordinary people instead of corporate leaders then we might be able to talk about some balance.
As far as the redistribution of wealth goes, another red herring, that is what they do all the time ie: away from labor and the middle class. That argument is BS and I do not see why the libertarians do not see that. It is mystifying to me in fact.
Finally I heard that GLD was going to split 3:1 cannot remember where I say that.
Hmmmmmmmmmmmmm.
Judge orders Pheonix church to stop feeding homeless.
Goldman to Private Insurers: No health care reform at all is best.
Oops, bad Goldman link:
http://www.huffingtonpost.com/2009/11/12/goldman-to-private-insure_n_355998.html
@Gordo@Mep:
You don’t get it, do you?
Rational thought is not the failsafe. If it were, then we would all be SAFE and life isn’t tidy like that. I’m not promoting snake-oil salesman tactics by politicians. But to claim that one possesses what is rational and to claim that others do not is dogmatic, assertive, and frankly rather Fascist.
Fascism thrives under a regime of a statis truth: all that is rational is actual and all that is actual is rational.
The Republicans are Americans. They are not fascists. Instead of focusing on the real criminals, the IMF G20 hegemony, the liberal press rants on a hunt for the group to which to paint the S of today: a scarlet letter which declares wanting lack of humanity.
Bah humbug to that.
There is quite a bit of true in all truth: no one is cornered the market on that entity as much as they would like to declare surety. Isn’t Obama on about communitarian idealism? You should look that one up, Mep. Facilitate a common ground. Synthesis from the thesis and antithesis.
Molly Mayview Republic with her teabag hanging from her hat is the least of our worries right about now.
@ Gordo – It’s not even the people who vote GOP who enrage me– it’s the politicians, the hate cartel, and the corporations using those people. Their anger and fears are as real as mine or yours, but they have rich people scaring them and manipulating them into pushing for things that are in their very worst interests. Because of all of the lies and distraction, the left, cross-over republicans, and independents aren’t even being heard.
About the redistribution of wealth, yes, it’s always about finding ways to distribute all of it upwards. I almost threw up when I read Naomi Klein’s Shock Doctrine and learned that corporations have been so emboldened that they now feel entitled to receive government contracts for helping provide relief after natural disasters. It was Wal-Mart, I think, that said that it was “unfair” to give all of the work to the Red Cross and non-profits. We’re all experiencing right now what happens when we hollow out government and privatize or outsource its duties. I’m w/ Ralph Nader in believing that we must make corporations our subordinates again.
@ frances – Wasn’t looking to have a philosophical ype of argument about what rationality is. I think what I was getting at was pretty clear.
@ frances – Wasn’t looking to have a philosophical type of argument about what rationality is. I think what I was getting at was pretty clear.
When your short positions stop working…..
and your IMF sales don’t do the job…..
Call Cramer, he will help keep the price of Gold down.
@Mep:
Why not philosophy? Isn’t that what people base their assumptions on?
The Democrats in collusion with the press deified Obama during the run for the election. It was blatant. The Obama signature logo was a marketing tool directed at manipulating iconic symbology. Clearly emotive salesmanship, no?
You linked a list of what you term scare tactics. I don’t agree. The people that Obama surrounds himself with do not agree that all human life is equal. Singer proclaims that the viability of the fetus should extend to two days after the birth of the baby. The scare to me was and is the belief systems that inculcate the closest advisors to the President.
You claim that emotions are irrational. You base this claim on a philosophical structured paradigm which has captured western thinking. Rational thought leads to error just as frequently as emotive understanding.
It’s unfair to link an entire segment of the population to a news outlet. I assume your views differ from the Daily Kos at times. I’m frankly sick of the correlation between conservative world view and Rush Limbaugh or Glenn Beck. Marginalization of the other seems to be a pet dear to the liberal heart.
this was sent to me ……………………..
———————————————————————–
Heaviest Element Yet Known to Science: (Gv)
Lawrence Livermore Laboratories has discovered the heaviest element yet known to science.
The new element, Governmentium (Gv), has one neutron, 25 assistant neutrons, 88 deputy neutrons, and 198 assistant deputy neutrons, giving it an atomic mass of 312.
These 312 particles are held together by forces called morons, which are surrounded by vast quantities of lepton-like particles called peons.
Since Governmentium has no electrons, it is inert; however, it can be detected, because it impedes every reaction with which it comes into contact. A tiny amount of Governmentium can cause a reaction that would normally take less than a second, to take from 4 days to 4 years to complete.
Governmentium has a normal half-life of 2 – 6 years. It does not decay, but instead undergoes a reorganization in which a portion of the assistant neutrons and deputy neutrons exchange places.
In fact, Governmentium’s mass will actually increase over time, since each reorganization will cause more morons to become neutrons, forming isodopes.
This characteristic of morons promotion leads some scientists to believe that Governmentium is formed whenever morons reach a critical concentration. This hypothetical quantity is referred to as critical morass.
When catalyzed with money, Governmentium becomes Administratium, an element that radiates just as much energy as Governmentium since it has half as many peons but twice as many morons.
@frances
Why not philosophy? Isn’t that what people base their assumptions on?
I do believe you nailed it in that post, call me impressed.
“What don’t you understand about people talking complete nonsense and getting away with it because they are appealing to the fears and the most base emotions of their audience?”
I think the answer lies within the question: what exactly are ‘base emotions’?
Appealing to fear is a symptomatic of the state, both parties, period.
@WL:
You never said what you thought “isn’t” isn’t.
Definitions are reliant on negation. What Derrida was on about is that change is the only true definative factor. Real is defined by absence.
@frances snoot
Philosophy is normally above my pay grade.
So the Obama campaign used a little symbolism, big deal.
I am not arguing that Obama has surrounded himself with people that I like or that most on the left even support. This largely because the media would skewer people that it proclaims not capitalistic enough. The media basically filters out most of those ideas. Why? The only real voices on the left that are heard (and they are marginalized) are those of Dennis Kucinich and Ralph Nader.
After the election you could just smell the outright slant in the media. As Obama proceeded to make his appointments. The terminology used etc. He or she will be a good centrist not too anti business. Code words in my opinion. There is nobody anti business anywhere. THERE SHOULD BE. That would constitute balance. Not this false balance that we currently have.
“isn’t” is what never was, has been or ever wasn’t
Truth is a Rorschach test of referential experience cloaked in the signifier.
@WL:
So isn’t can’t ever be always?
Truth is a Rorschach test of referential experience cloaked in the signifier.
LOVE THAT!
Inkblot reality! But maybe not so stable?
“All political thinking for years past has been vitiated in the same way. People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they are unwelcome.”
George Orwell
uh oh ….I feel a Shirley Bassey coming on….
Goldfinger. He’s the man, the man with Midas touch. A spider’s touch.
Such a cold finger. Beckons you, to enter his web of sin. But don’t go
in.
Golden words he will paw in your ear, but his lies can’t disguise what
you fear. For a golden girl knows when he’s kissed her, it’s the kiss of
death, from Mr. Goldfinger. Pretty girl, beware of his heart of gold.
This heart is cold.
Golden words he will paw in your ear, but his lies can’t disguise what
you fear. For a golden girl knows when he’s kissed her, it’s the kiss of
death, from Mr. Goldfinger. Pretty girl, beware of his heart of gold.
This heart is cold.
He loves only gold.
Only gold.
He loves gold.
He loves only gold.
Only gold.
He loves gold.
Except substitute Goldfinger for Jim Cramer
Foreclosures Filings in U.S. Surpass 300,000 for Eighth Consecutive Month http://tinyurl.com/yke5rtk
Insider Trading Is `Systemic’ in Hedge Fund Industry, SEC’s Khuzami Says http://tinyurl.com/ykuymrf
U.S. Fed May Raise Rates in September, Survey Shows http://tinyurl.com/yzjgmcs
@frances
My wife and I were at our favourite local pub for beer and pizza last weekend.
Half way into the pizza, I saw the image of Max Keiser in the pizza, a combination of olives and pepperoni. My wife looked and saw an image of James Dean. So, should I be worried?
Obama Meets Asian Bankers Who May Call His Loan: William Pesek http://tinyurl.com/yll26wy
Obama in China Can’t Avoid Immovable Renminbi as Weak Dollar Sinks Asians http://tinyurl.com/yhbtj8v
Hong Kong Is New Focus in U.S. War Against Global Tax Evasion by Americans http://tinyurl.com/yhshgen
@WL:
Who am I to broach the mysteries of marraige? My advice is to eat Chinese.
Cramer is a blabbering dildo!
William Pesek : “The IMF crystallized the problem recently when it said the dollar is still overvalued. Considering the U.S.’s debt load, near-zero interest rates and rising unemployment, the currency is clearly too strong. A weaker dollar makes sense and it’s what the global economy needs. Asia must deal with it. ”
“A weaker dollar it’s what the global economy needs?” It seems that the delusional thinking is taking root everywhere. How in the heck can you say that a weaker world reserve currency is good for the world who uses this dollar? At the same time Geithner is still propagandizing about a strong dollar. thinks getting crazier every day.
“A weak dollar is good for U.S. export” is said. Which U.S. exports? It’s grande delusion.
What is the exit strategy with a dollar which clearly has been given up. The U.S. gives a damn about the rest of the world but I must say that the rest of the world is very apathetic, why? Do they realy think the dollar can be saved? It’s mass delusion.
Cramer misleads with his gold rises in inflation, not in a deflationary depression. During the last depression, Gold rose from 20 to 35 bucks
What about Exter’s inverted debt pyramid?
Media lies perpetrated as truth, beware
China reportedly to create strategic coal reserve http://tinyurl.com/yf3e7ok
Reality about energy use: Coal provides 70% of China’s energy.
FHA reserves fall below 2% minimum, auditor says http://tinyurl.com/yczxj5t
U.S. ran deficit of $176 billion in October – Fiscal 2010 is13th straight monthly deficit http://tinyurl.com/yle3u96
@Y’all
Er… Funkier than a mosquitoes tweeter!!!
How a Mosquito Operates – Winsor McCay (1912)
http://www.youtube.com/watch?v=6-EJQWlGp5s
Jobless claims have hovered above 500,000 for 52 straight weeks http://tinyurl.com/y87wh9a
This is interesting:
A man held on suspicion of being a national security threat after trying to bring nearly $1 million into Canada secretly has been released from custody and now says he’s the victim of profiling.
http://www.cbc.ca/canada/british-columbia/story/2009/11/12/bc-border-gold-nawaya-released.html
Agents with the Canada Border Services Agency said that when Khaled Nawaya arrived at the Canada-U.S. border south of Vancouver last month, he told them he was carrying $10,000 cash.
But a search of his vehicle found more than $800,000 in Canadian gold coins, $80,000 cash and other paraphernalia that agents deemed suspicious. The money has been confiscated.
Officers said the search also turned up a pro-Palestinian scarf, DVDs about Sept. 11 conspiracy theories and a ring featuring the logo for Hezbollah.
Hezbollah is a Shia Islam group based in Lebanon and is listed as a terrorist organization in Canada.
An Immigration and Refugee Board adjudicator released Nawaya on Thursday on the condition that he provide documentation on the source of his money.
Oligarchs’ of Investment Banks Block Break-Up Moves
http://www.bloomberg.com/apps/news?pid=20601087&sid=aOQXhFo_WRp4&pos=7
vid w Peter Schiff and Lew Rockwell on the Judges show re the Fed and gold
Part1
http://www.youtube.com/watch?v=Wvo1bGPzMWU
Part2
http://www.youtube.com/watch?v=eLn40Sf-PXw
Treasury sells record $16 bln in 30-year bonds at 4.469% http://tinyurl.com/y87ho8j
WSJ Vid: Another #Housing Bailout? (FHA cash reserve falls below mandate) http://ow.ly/BLQC
Forget 11,000, Dow Heading for 6,000 and GE Still a Short, Charles Ortel Says http://ow.ly/BLZf
@WL
I think you’re projecting
12-Year Old Boy Will Save the World! His Solar Cell Absorbs 500 Times the Light of Existing Cells http://tinyurl.com/4f42ss
@ frances – You seem to still be missing a very basic point. I am not equating an entire segment of the population to a news outlet. I AM linking the methods used by that network to manipulate their viewers to the politicians and radio entertainers–who use the very same methods–and am calling bullshit on them. To me, being scared that health care reform is a plot to kill granny, or being scared that the President is a terrorist cell sent here from Kenya to destroy the country from the inside is irrational. Fears that Obama = Hitler and wants to indoctrinate the youth are irrational. People who think that Obama wants to enslave whites are irrational. My argument is that the majority of the crap being shoved down the throats of half of the population re: the intents of Obama and the Dems = irrational, hysterical horseshit. The people shoveling the shit KNOW it, but they continue to do it because they know that all that it takes to send their base into a hysterical tizzy is to stoke their fears, suspicions, and hate with well-worn lies and sloganeering. When words like “socialist” or “Marxist” are thrown around, do you think that people even question whether it makes any good sense to use such words? I have family members who parrot all of that BS, and they don’t even know what the words mean. Their reasoning processes are being short circuited by trigger words meant to excite them and stir up all of their hate. (Then, the corporations swoop in to leverage the hate, anger, and ignorance, and manipulate the people–without their knowledge–to attend CORPORATE rallies where the people actually rally AGAINST their own interests.)
It’s been going on since the general election. Just about the only Republican I can think of who hasn’t played into it is Ron Paul. The rest of ‘em are out there exploiting the ignorance of their followers by partaking in each and every conspiracy theory, and doing absolutely NOTHING to add anything substantial to debates about health care, energy, foreign policy, etc. These people are PURPOSELY manipulating their constituents and actively keeping them uninformed in order to hold onto their support and to hold onto the status quo. That’s beyond shameless.
Here’s the most recent “Obama wants to foist socialism on us and wants to punish Texas!” video: http://www.cbsnews.com/blogs/2009/11/12/politics/politicalhotsheet/entry5631012.shtml
Notice how he pushes for more incoherent-mob-corporatist- teabag rallies, and tells the fools in the room that “Obama MUST be taken down using all tools necessary”.
Feds seize $500 million in Iranian assets; close down some mosques:
http://www.huffingtonpost.com/2009/11/12/feds-move-to-seize-4-mosq_0_n_356080.html
Wonder how this will play out?
@mep; keep drinking the kool aid! I’m not an socialist or capitalist; but if you promise to end war; then continue killing innocents, if you voted 2x yes on bail out (once when he was in senate) if you say you stop the illegal wiretapping but increase it, the amount of money he got from wall street, the illegal price negotiations with pharmaceutical industry, then while considering sending in more troops to protect the drugs and oil; even gets a nobel peace prize. He broke all his promises, the republicans have to play the role of controlled opposition thats how the game works; at an republican term the democrats do that. This is just a part of it; the birther movement and idiots screaming socialist are indeed just morons; that probably voted for bush who did exactly the same. Or listnen to glenn beck/limbaugh the controlled opposition to make people vote republican. Ron paul is indeed one of the few politicians standing up for what is right. The conspiracy part; guess you never had enough time to really look in to what it is about, keep dreaming 9/11 was done by 19 muslim hi jackers from afghanistan (most weren’t..) from a cave and that the greatest advanced military/spy agencies with defense systems couldn’t stop them. About health care; you should look up who has written the bill, yes health care should be regulated and in the US obviously improved (with spending most on health care while have less quality and quantity) but this bill isn’t about regulating/making sure people get health care more consolidation of wealth. Beside all the vaccinations and other “mistakes” that go on also in socialist health care. I actually live in a country with socialist health care where there still are private insurance companies making money. It is of reasonable quality, yet from my experience the hospital is inefficient and isn’t that innovative, now politicians lied and said due to higher % elderly people have to work 2 – 5 more until retirement, the state debt/private banks/wars/bailing out banks/wasting tax money are the problem why people have to work longer and there isn’t much to spend for research/innovation. But about america most important obama has studied/practised constitutional law for decades, why does he destroy it then? not even talking about specific the 2nd, just the 1st, 4th and 5th, maybe a little the 10th. The american constitution is the best in the world currently; because it limits power/corruption and is all about freedom. For example here in the Dutch law it says; banks have the duty to create money out of thin air. Our constitution is something like the UN human rights; rational sounding temporary priveleges that can be taken away as soon as they want to.
I think we’re missing something. There is too much positive coverage for gold now. It’s too early.
One possibility would be setting the masses up to buy gold before having it seized from them.
Seems fishy to me.
Is China headed toward collapse?
[Kynikos Associates' Jim] Chanos says he has found another “trust me” story: China. And he is moving to short the entire nation’s economy. Washington policymakers would do well to understand his argument, because if he’s right, the consequences will be felt here.
Chanos and the other bears point to several key pieces of evidence that China is heading for a crash.
First, they point to the enormous Chinese economic stimulus effort — with the government spending $900 billion to prop up a $4.3 trillion economy. “Yet China’s economy, for all the stimulus it has received in 11 months, is underperforming,” Gordon Chang, author of “The Coming Collapse of China,” wrote in Forbes at the end of October. “More important, it is unlikely that [third-quarter] expansion was anywhere near the claimed 8.9 percent.”
Chang argues that inconsistencies in Chinese official statistics — like the surging numbers for car sales but flat statistics for gasoline consumption — indicate that the Chinese are simply cooking their books. He speculates that Chinese state-run companies are buying fleets of cars and simply storing them in giant parking lots in order to generate apparent growth. (MORE)
http://tinyurl.com/yzl3z8f
Hey guys
Take a look at this
http://www.worldreports.org/news/246_matters_come_to_an_explosive_head_for_everyone
This is a website by Christopher Story who was a senior adviser to Margaret Thatcher when she was prime minister.
It is very interesting and if it is true, very powerful!
@ AM – We’ve missed each other somehow . . . I’m not a koolaid-drinker. There’s nothing that you’ve said that I disagree with. One thing I do take an exception to is the “controlled opposition” part. I wouldn’t be bitching if the GOP actually WAS being the loyal opposition . . . problem is, they’re not. They’re just acting like a bunch of loons throwing piles of crap out into the political landscape to see what sticks.
@mep sorry for ranting miscommunication indeed (think we talk at eachother instead of with, subject of inefficient language is for another day)
The part of controlled opposition; i mean with that, ofcourse they are not loyal, they have an corporate agenda. When bush was in office the dems were against war, increasing deficit and against the bail out. Now obama backs out of his promises on the exact same points. The controlled opposition job is to keep people shifting between the corporate parties; dems (msnbc, cnn and so on) and republicans (fox and so on). That was my point, the opposition tells the people what they want then as soon as in office the game table is turned around; as seen now. Due to the financial requirements, media influence it is very hard to actually get an candidate like Ron paul for president; the system produces corporate puppets because the idiots chanting obama socialist (btw real socialism is spreading the wealth, if the 1% gets richer and the others dont and corporations profit; its called fascism, corporatism, cronyism and neo feudalism) just show the ignorance and how good this for some people/corporations actually works.
@ AM – No worries.
Now obama backs out of his promises on the exact same points. My thing is: why aren’t the Republicans hitting Obama on his backpeddling out of promises? Why not hit him on the Patriot Act, on the bonus-giveaways that he’s presiding over, on Geithner’s and Summers’ records and actions, on health care reform being a giveaway to big PhRMA and big insurance? I get that the GOP are much bigger corporatists than the Dems still, but really . . . . They could easily attack him on any of those issues. They don’t because they want to make sure they get that campaign $. And that’s a big part of the reason I’m so ticked. It doesn’t matter that they are not in power–they are still expected to work on the issues so long as they are being paid to represent their constituents. But it’s only crickets from them. Some of them will say somewhat intelligent things about the budget deficit; the rest are only interested in play-acting and running the clock down to the 2010 elections. Guess they don’t think they need to be seen as actually doing anything to make things better between now and then?!
politics is a bad paid job, unless you are “corrupt”. It is a very temporary job; raising taxes to finance is not popular nor is cutting social programs. If they stop defense spending the media/military industrial complex/private contractors stop support. The system is build/designed in such a way that there’s no way out. Money creates power and the coporate agenda has most money for campaigns/candidates/lobbying. Doing the “right” thing while in office doesn’t get you a multi million paid job or possibly gets you voted out due to propaganda attack. Only if the people are truly informed and hold their representatives responsible for wrong decisions things can change (ron paul has a shot if the masses stand behind him yet all media attacks him so if people buy in to that we might get in the worst case scenario; palin or something).
@ AM – One more comment and I have to go to sleep.
politics is a bad paid job, unless you are “corrupt” Yes, but most of the peeps in the Senate are millionaires. If we can change the rules of the game (e.g. campaign financing; who is allowed to run), maybe we could do away with career politicians and get people in there to serve THE PEOPLE and then go back out into the public to be a teacher or something useful for the rest of their careers. (There could be a way to index their salaries to the median household income, too . . . that way they’d have a hard time forgetting just what ordinary people are feeling. Can you imagine any of them trying to live off of $50,000 per year?)
Thanks for the jibber jabber.
@Mep:
“The people shoveling the shit KNOW it, but they continue to do it because they know that all that it takes to send their base into a hysterical tizzy is to stoke their fears, suspicions, and hate with well-worn lies and sloganeering”
The actions of the malcreants you catalogue are not some new phenomenon: men will use whatever means at hand to deceive and control their fellows. It’s about money, greed, and power. Unfortunately, it’s called human nature.
You ignore the liberal press manoeuvers.
The nefarious agenda you claim is ‘made up’ extends from a program for sustainability called Agenda 21. It is out of the UN Biodiversity Project. Obama is forwarding this agenda through his blunders: the Republicans are as well.
“When words like “socialist” or “Marxist” are thrown around, do you think that people even question whether it makes any good sense to use such words?”
Well, Mep? Seems like you coined the term MiniFascist. Does that make good sense?
“Just about the only Republican I can think of who hasn’t played into it is Ron Paul.”
This seems like a rather broad stroke. Ron Paul is forwarding the useless End the Fed movement and ignoring the IMF sdr travesty.
That’s beyond shameless.
That’s called politics. Nothing is new, only now, you Mep, have noticed it.
@Mep:
Did you read Perry’s arguments?
I agree that there is something wrong with Federalized control over the states. In Florida the schools are in chaos due to the Race to the Top Program, a program of Federal mandates run for Bill Gates visions and foisting strings on the schools as a means to obtain Federal stimulus money that IS NOT EVEN FUNDED YET. The program Perry is complaining about is another Fed mandate without funding.
What sort of America do you want to live in, Mep? Do you want a sovereign country or what Merkel insisted was the duty of America, a bow down to IMF control and influence operating through UN treaties and Mandates?
The rhetoric from Texas may seem odd to you, but it is the way they speak in Texas: a mixture of Baptist and Bluster. It is not ‘dangerous’. Texans see state sovereignity as a outworking of the tenth amendment. Do you have a problem with the tenth amendment?
“Perry accused the administration of “punishing” Texas through what he calls the Alien Transfer and Exit Program. He complained to the crowd about what he said is the administration’s system of dumping illegal immigrants captured in other areas of the country into rural Texas, where the state must deal with them. Perry went on to describe a recent conversation he had with officials from the small border town of Presidio.”
I think he is railing against the lack of funding to deal with the influx.
@Mep@AM:
On the birther movement: the tidbit both sides of the press will not cover is that there was a law passed in Hawaii that allows the Registrar to e-verify birth records. The state no longer sends the long form birth certificate to people requesting a certificate for record keeping or licenses. The form that Gibbs bubbles about is not the long form and should not be accepted as legal: the reliance is upon the Registrar’s good word according to the new law. The whole scenerio is press hype. Don’t jump me: this is the truth of what is happening with the ‘birther movement’. If the press would educate the people about the law, then the people would not have an issue to bite each other’s fingers off about.
perry attended bilderberg