Stacy Summary: Mish was on a roll last night. Here are two good pieces he wrote:
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ref. max keiser & Get 6 mo’s free storage
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Rick Ackerman-
- King World News
- Mish
- Violent Protests in Greece; 6 Cabinet Members Resign; LAOS leader "I Would Rather Starve Than be Under German Jackboot"; Controversy Over Missing Paragraphs
- Merkel's Official Denial "I will have no part in forcing Greece out of the euro"; Schäuble Starts Salami Tactics on German Participation, Calls for Vote
- Karl Denninger – Market Ticker
- Michael Hudson
- ZeroHedge
- The Big Picture
crash banksters – Buy Silver & gold
![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
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Most recent: 
@schralper
Smedley Butler, a hero for freedom!
http://www.bbc.co.uk/radio4/history/document/document_20070723.shtml
Prescot Bush, Du pont, goodyear, heintz, General mills, general motors, American Liberty League, hamburg-american airlines,
and other new world types were involved.
This is how forgotten histories become “conspiracy theories’.
@Schralper,..If you put that together with Eisenhower’s speech, it doesn’t take a lot of working out!
http://www.youtube.com/watch?v=8y06NSBBRtY
@ dan s
‘until Pearl Harbor catalyzed them’
Seems every war the USA has been in was started by some ‘catalyzing event’
the lusitanania
the maine
the gulf of tonkin
pearl harbor
9/11
all specifically designed for their catalyzing properties.
The panic of 1837, a real estate bubble durring the expanse of the railroads created by a flood of bank paper, lead directly to the civil war. I think we are repeating this phase of history.
War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small “inside” group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
Major General Smedley D. Butler, USMC 1935.
2 time Congressional medal of honor recipient
I suck at HTML
@Stacy
Mish is still on a roll with this new piece:
href=”http://globaleconomicanalysis.blogspot.com/2010/01/jobs-contract-24th-straight-month.html” Jobs Contract 24th Straight Month; Unemployment Rate Stays At 10.0%
@Dedo.
An empire is an empire.
http://www.youtube.com/watch?v=C8QDMORWWPc
Ludwig Von Misses and imperialism. It’s about the best source I can think about imperialism.
@Marc,….your reply seems rather skittish,.not unlike someone who feeds on information only to regurgitate it for others to feed on!
I’m sure you mean well,. : )
Money is labour and stuff, what souvereign country in its right mind will hand over all their labour and stuff to a supranational entity?
The point to the G20 system is that the regions called sovereign have ceded rights to the BIS through their central bank cooperation to the currency gyres. The reserves are becoming a proprietorial interest of the IMF banking interests through sdr allotments and voluntary trading vehicles.
Here come the cowbird eggs:
http://www.imf.org/external/pubs/ft/survey/so/2009/pol082809a.htm
http://www.sialis.org/cowbirds.htm
Tsar – yes, people describe things differently afterwards, but at the time people were talking about how it’d be over in a few weeks and they’d get to see some of the world. Afterwards they say they went to stop Fascism, save the Jews and fight for freedoms blah blah, but American’s generally thought of that as the Jew’s and Europe’s problem and didn’t want to get involved until Pearl Harbor catalyzed them.
@Dedo.
You should read about imperialism. The USA is indeed an imperial power even if it pretends being a republic. The Americains should stop pretending that are different from the russian, from the french or the british or spanish empire. The whole thing was disguised in globalisation mumbo jumbo. But absolutely, it’s an empire in a very sick state indeed. Empires in the long run are anti-economic. Don’t think that the russian, japaneese, european and chineese colonies will indefinitely finance the empire. It didn’t happen for the Romans or the Greek empire. And it won’t neither for the USA. There is always a limit. We are very close to it.
37 million Americans are now using food stamps.
@Marc,..The people have never become “the” empire, only a few, who realized a long time ago, how to manipulate “Joe Average”,..
go figure!! : )
@Daniel — sorry – meant “WWII” in my previous post not “WWI”
@Daniel — I’m not sure what you’re trying to say there, I’ve never heard a WWI veteran describe things that way, but nevermind.
Here’s a google search for you:
“military recruitment up”
The first page of hits for me is all about how the US military saw record enlistments in 2009 as a direct result of the bad economy.
USA has been hold up by two dark forces. The miliatary- industrial complex and the banksters. Both work in tandem to suck out every drop of blood out of this country. It’s incredible. The warnings of Eisenhower were useless. Those of Kennedy also. When you look at what’s happening you know that the military and the empire are bleeding to death the country like in Roman times, like in imperial Russia, like any empire. Down with imperialism ! It never pays for a people to become an empire. Never.
Mish is one great blogger. Can’t get enough from him. MINUS 85,000 jobs in paradise USA in just one month ! This is a resounding proof that the FED should be closed down and the banksters arrested. END THE FED and put the bums in prison.
Tsar – yep, a lot of people volunteered for WWII “service” thinking they’d get a paid action-adventure vacation which sure beat being unemployed and called a coward.
http://futuresource.quote.com/charts/charts.jsp?s=GC%20G0&o=&a=V:60&z=800×550&d=LOW&b=bar&st=
Gold Futures Up
@Mother Earth – nice to hear your opinion, your train of thought seems to be: “I don’t like what I heard, therefore I’ll resort to insult and call someone a moron”.
The military has in fact been the employer of last resort for a lot of people through the centuries and in a lot of different societies. Maybe sometimes because the people are fat and lazy as per your description, and maybe sometimes because the “government/king/dictator/banking cartel/random overlord” has arranged society to keep most people in an underprivileged and beaten down peasant class.
I don’t advocate that, anymore than I advocate 300 channels of Reality TV or eating food made in factories and distributed by Walmart/ASDA. Go ahead and call me a moron for that too if it makes you feel better about yourself while you’re in your “dip”.
You evidently have a pretty privileged life being able to spend time reading and writing on the internet, and addressing people that you don’t know in terms that you would never have the courage to do if you were face to face with them. There are a lot of people who don’t and haven’t and won’t have that kind of privilege. And they’re going to have to continue to struggle to find basic food and shelter, and a lot of them are going to end up being cannon fodder. Are you going to do anything about that other than pontificating on the internet and calling me an idiot for pointing it out?
@snoot
leaping lizards… frozen sparrows falling out of trees is one thing… but… but falling iguanas!!!
http://news.yahoo.com/s/ap/20100108/ap_on_re_us/us_cold_florida_critters
@MotherEarth:
Yes. It will if the combined forces of hell have their say.
http://inobscuro.com/portfolio/digital/phoenix.jpg
I’m quite surprised at your reaction. Your ideal post-industrial world is only possible without sovereign or individual agency: else we all perish in a carbon-flux. Right?
-85000
sorry,Henk..I meant to address DanielS.
@snoot
It is just not going to happen. Money is labour and stuff, what souvereign country in its right mind will hand over all their labour and stuff to a supranational entity? They and what supranational army? But dream on..It is the intellectual makeable society syndrom.
“Stiglitz stressed that the institutional mechanisms and design of the proposed global reserve system need to be pursued in a manner that is non-inflationary and that will enhance global stability.”
The Plan is being pursued through sdr expansion and viability under the umbrella of the IMF.
@Henk:
GDP is an irrelevant term now. Stiglitz has indicated that the world sovereign reserves will be ‘pooled’ under one suprasovereign agent. I’m surprised Mish is unaware of this.
http://www.spiegel.de/international/business/0,1518,650532,00.html
http://www.twnside.org.sg/title2/finance/2009/twninfofinance20090407.htm
“Another recommendation that has received a lot of attention is the creation of a new global system of international reserves. It may be a new concept for some, but the economist Keynes had argued for this 75 years ago. His hoped at the Bretton Woods meeting in 1944 that the IMF would be able to serve as this global reserve system. Keynes failed to achieve his proposal because of a veto from the United States.
The time has now come to revisit Keynes’ original idea. Stiglitz said that it is in the interest of all countries to create such a reserve system. Global instability hurts all countries, and the accumulation of large reserves around the world also hurts all countries.
Stiglitz stressed that the institutional mechanisms and design of the proposed global reserve system need to be pursued in a manner that is non-inflationary and that will enhance global stability. The transition to this system can be done in a way that both maintains and enhances the durability and strength of the global financial system. It can be done either from a top-down or bottom-up approach.”
@fibon
The US in front of the Netherlands? Wahahhahahahhaha!!!
@Mother,….Well said that man!!
@Tsar
Does it occur to you that i makes no sense to call the military ‘employer of last resort’. Wtf, if you can’t orgaanize or are to stupid lazy or fat to create your own wealth it makes sense to go out and kill people? I may be experinecing a dip but how can you people be such complete morons and not shit yourself all day?
@ Mike Liverpool For Yooooou !
http://www.dailymail.co.uk/news/worldnews/article-1240988/France-tops-list-best-places-live-world-fifth-year-row–Britain-languishes-25th.html
I like Mish’s reference to war adding to GDP. Cancer does too.
yesterday was on the news that US is hiring cheap soldiers in AFrica. The cost only 500 dollar a month and have nothing to lose….
So are they gonna lie about jobs in the upcoming report?
@Jim ODonnell Iceland has REAL democracy!!
Great link thanks for that. In the UK I wish we had a Prime Minister as good as the one they have in Iceland… He will be under allot of pressure from all sorts I bet.
Icelands status is Downgraded to Junk = Status Agency is JUNK
YEP I AGREE …. END!!
@TsarCaustic:
This is not limited to the US. The Plan is global.
Good Lord! Rahm Emanuel called his book, The Plan.
http://www.examiner.com/x-536-Civil-Liberties-Examiner~y2008m11d6-Obamas-chief-of-staff-choice-favors-compulsory-universal-service
Same name Geithththner gave his non-existent US economic recovery package.
@snoot scary, but maybe true. Apparently there is a clip of former Homeland Security head Tom Ridge talking about a proposal to use the no-fly list to restrict who could get a job… so no-fly becomes no-work as well. I can’t find the clip though so it may not be true. On the other hand the US govt already ties unrelated things together to restrict the “priviliges” of the citizenry, ie, things like no drivers licenses if you don’t register for the draft. It’s like you say, restricting the individual for the “greater good” as decided by the government.
@Bonn yeah, govt jobs are the new safety net — how long until there are govt jobs that just pay “room and board” in lieu of salary?
@TsarCaustic:
It will be much different in my estimation. The term citizen will be a right to earn through decree of the state machine. College will be a reward for military service. Obama and Emanuel already stated as much: the Israel model will be the US model. Forced service for all.
You know: we are ‘one’.
The whole being made up of a body (this is international, suprasovereign btw) that incises that which is foreign or alien (individual human curiosity or agency) and operates in unison for the head.
We be the left foot.
And there will be no mercy seeing as the head sees with a clear-eyed vision. Rational you know. Rational as defined by the ‘wise ones’.
@ Tsar
“joined the army because no other choice available”
Then There is also that Govt. Census Jobs
3 mill I think – Peter Schiff was talkin about it.
@ronron
If they give me Visa ie
And I definately will be in Vegas lol
Hic
or someother similar place
@snoot – the military may well be the employer of last resort for the next generation leaving school/university. The US unemployment number U6 (the one currently at 17.2% for Nov) includes but “employed part-time for economic reasons”, but maybe they need to add a U7 figure including those who “joined the army because no other choice available”
High Frequency Funds Flock To Japan As Tokyo Rolls Out High Speed Trading
http://tinyurl.com/ycyjxx5
CHART OF THE DAY: How Will The Economy Recover With Lending Shrinking Like This?
http://tinyurl.com/y8cxxyg
We marched the troops in, we can march the troops out. Unfortunately, no number of lives killed or destroyed is too high to pay as long as CEOs can make insane amounts of money on it, and Obama gets to artificially lower the unemployment rate in the process.
Mish does realize this is an international coalition under the jurisdiction of the UN Security Council’s designate UNAMA, right? Extrication from the UN mandate is what we are looking at to get out of the ‘war’. Did Obama get the Nobel to continue supporting the industrial war machine through sanctimonious cross-Atlantic UN decree?
@Bonn. you know what i always say about booze and money.
Here’s more fuel for the fire:
Norway Time Hole “Leak” Plunges Northern Hemisphere Into Chaos
It seems the current cold winter was caused by High Frequency/High Energy experimental station in Norway:
http://www.daily.pk/norway-time-hole-%E2%80%9Cleak%E2%80%9D-plunges-northern-hemisphere-into-chaos-14311/
@bonn. good idea.
@ ronron
calm down your making me ascared.
I did’nt intend to scare ya
I Just read the Article in my local News paper when I was in the Loo &
I was like WTF !!!!!!!!!!!!!!!!!!!!!!!!!!!
nothing we can do about it though
If it is True I am gonna use trusty “Dutch Courage”
Down 2 Bottles of the best Whisky in the World Just before it happens
Hic
Trusty O’l Dutch Courage
@bonn. calm down your making me ascared.
@chiponshoulder
If you want to hedge your bets on the outcome of future events, it helps if you control both sides of the equation!
Just a thought,…
http://www.youtube.com/watch?v=NwVBzx0LMNQ
@
jimODonnell. like the shield and the saying.
Can I get a Job in that Mountain
I don’t mind being the Janitor
Hic
And I think I just Out beat Mr. Doom and Gloom “Marc Faber”
Hic
lolololololololololol
@ Phil /Germany
It is said that the Mayan calander has pridicted Solar & Moon Eclipse
The Calander stops at 2012 supposedly
Now if the freakin Calander has pridicted Solar and Lunar Eclpse’s…………
Guess we all gotta learn Mayan now
Anybody offering crash courses in Mayan ??/
Hic
@Bonn …T Pyxidis, is much closer than previously thought at 3,260 light-years away
So it has already happened I suppose, some 3000+ years ago probably.
The real question is , when Hubble “sees” this happen, it means the end is very near .. maybe 20 -200 years ?
@Y’all
ER… Yeah… but… er… no!!!
‘Fog of War Demystified by Financial ‘Power Law’
http://news.discovery.com/tech/modern-warfare-insurgent-attacks-prediction.html
Now I got 4 things to worrry about
Planet Nibiru
WW3
Black Hole or the centre of it which we might possibily be heading towards
And now a freakin Supernova
Hic
Tellin ya peeps there is something around the Corner
Damn that Mayan Calander
Hic
Screw everything Screw Gold screw Slive
PANIC PANIC PANIC BUTTON
Self destructing Supernova explosion may wipe out earth
By Paul Sutherland From: NewsCore January 06, 2010 9:29PM
http://www.heraldsun.com.au/news/breaking-news/self-destructing-supernova-explosion-may-wipe-out-earth/story-e6frf7jx-1225816754727
http://in.news.yahoo.com/139/20100106/981/tsc-supernova-explosion-may-wipe-out-the.html
hIC ERRR
cNnot TyPe StRaigHt NOw
Hic
WTF are they doing with the Haadron collider
Is that stuff gonna make us go through a portal
Hic
ronron
Jan 8, 2010 at 4:38 am
He is showing the way for all peons around the world, just tell these assholes to go-to-hell. Max should love this although Max was not have been as dignified.
An old Irish saying: “You are really good with the language when you can tell someone to go-to-hell so that they will be looking forward to the trip.”
Saatchi gallery hosts Emily Prince’s drawings of 5,218 US war dead
http://www.guardian.co.uk/artanddesign/2010/jan/07/saatchi-galley-emily-prince-exhibition
Trying out an image for me posts.
Jim
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Everybody that works to send soldiers on their way will become pro war, and because they are richer than everybody else people will listen to them and start defending the defence industry. If all that is left is the war machine, that machine is going to call the shots.
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In a battle over money, the bankers will win over the military every time in the USA — but no new battle for money has emerged recently.
This current stable state of affairs will not endure.
still huffin and puffin at the post. suckers.
@JimODonnell. like the way he slammed the phony rating agency. same fucks rating mortgages in the US.
OH MA GOD ! ! ! ! !
Read on the web that Sen Dodd will replace Tim Gethner as Secretary of the Treasury. I hope it was just a spoof, but today who knows.
Iceland’s President gives his response to Bloomberg with great restraint and let’s the Brits have it right between the fucking eyes, with the dignity of a real gentleman.
Ha-ha-ha-ha-ha.
http://www.youtube.com/watch?v=rOyAyw1aOww
@Mike2liverpool … WHEN?????
The “MANAGED” market … says that only the PTB know “When” … not just Gold but everything else as well.
… And not just UP but also DOWN !
The US$ is only still alive thanks to the US Military Industrial Complex IMO.
Whether this will change “soon” … is pretty doubtful, unless something BIG happens .
Until then , the game of terrorist False Flags will just continue, thus strengthening the power of the MIC until we all just collapse with fatigue.
JMHO FWIW
@SG. don’t let the door hit you in the ass on the way out.
@fuckfuck
it’s goodnight from me… and it’s goodnight from him… goodnight!!!
http://www.youtube.com/watch?v=1ZK_w1bUpYA
@SG. try a little experiment. put gold and paper money outside on a windy day. let me know how that goes.
@Y’all
dunno if rubbing your hands together with glee over your gold isn’t keeping Y’all warm enough at the moment… it may be time to send someone up for reverend max… to lead Y’all in a rousing rendition of some classic old spirituals… or maybe some of them old slavery songs bout being on the plantation might be in order… just a thought!!!
@MotherEarth. that’s all that’s left. oh and cheeseburgers. on to ww3.
I think we are going to see a corrupting effect of defense spending. Everybody that works to send soldiers on their way will become pro war, and because they are richer than everybody else people will listen to them and start defending the defence industry. If all that is left is the war machine, that machine is going to call the shots.
The ‘deadcat bounce’ or ‘rocketing to parity’ of the USDCAD pair keeps continuing unabated, after a brief rest….
http://finance.yahoo.com/q/bc?s=CADUSD=X&t=3m&l=off&z=m&q=l&c=
At 5:56AM EST: 0.9669 +0.0005 (0.05%)
@Hemk. i like the rose colored glasses routine.
@Danny 1 dollar= 1.47. new math. bwaaahaha.
@ Stacy
We in Holland covered up our unemployment with a trick. Your will be able to go partially into unemployment (obviously a lot of corruption is done with this. Several friends of mine still work full time and their bosses receive the money) our get a temporarily job in the public domain.
This will make Max’s day.
“Let the Plunder Begin”: The Return of Robert Rubin
by Mike Whitney
http://globalresearch.ca/index.php?context=va&aid=16847
@SG. fuck the expense. cook another canary.
@Y’all
oops a typo imagine that!!!
@Y’all
talking bout middle class people taking the piss…one of the best if not the best tv shows about unemployment was boys from the blackstuff set in liverpool… and who can forget the “give us a job, give us a job” routine” now selfishly adapted by someone who has a job but no imigination and is just hoping to get rich off everybody elses misfortune… ah laah… “go on gis a job… go on gis a job … I can do that… gis a job… go on … go on gis a job….gis a job”… week in week out that’s how it went… “gis a job, go on gis a job… I can do that… go on gis a job gis a job”
When Phil….WHEN?????
Come on China!
Mike
@henk – unemployment in Europe is always close to that; mind you, so is the US unemployment number . . . the difference is merely in the way each region counts the unemployed; the US usually drops them after under a year of unemployment, then they no longer count on the official numbers . . . though they do remain in the now unofficial number of U6
@stacy
Unemployment in Europe is above 10 % officially! What recovery…
@Ptah … extra road tax levys which they pay
LOL … didn’t know about that one !
Bl**dy Govts !
@Mike .. Gold
Some thoughts from blox39@IV :
…Those that control the money, make the rules. The rules are always in the best interests of those that make the money. Why would it be anything else?
The “managed” markets are evident for ALL to see. The alleged actions of market rigging on the COMEX especially in the PM’s is quite pronounced, especially as it pertains to the concentration of shorts in gold and in particular silver.
The archilles heal in market rigging using paper vs physical is that IF physical is called in, and a run ensues on the alleged PHYSICAL fractional reserves, the paper becomes worth less, while the physical shoots through the stratosphere. AJMHO
…..
http://www.investorvillage.com/smbd.asp?mb=144&mn=36926&pt=msg&mid=8399867
I have just been listening to 4×4 drivers who believe that but for them and their cars the whole country (UK) would be even worse off than it already is – and want the extra road tax levys which they pay removed. Cus my car don’t slip on the roads duh!
Hi Gang
Bloody cold here this morning!
Gold getting KILLED!!!!!
Mike
@BS
except now you have lots of employed middle class people who are looking hard to find a reason why they should be the ones everybody feels more sorry for!!!
So if you are part of the US or UK (or for that matter EU) structurally unemployed the 2010s will be more of the same then….
@Y’all
On The One !!!