Stacy Summary: Walmart and JPMorgan two ends of the same US empire coin dumped by arch-villain Soros; sounds like he believes the ‘Hindenberg Omen.’
- Soros ditches US shares; retains gold position, now 13 pc of his holdings
- US bankruptcies soar to 5 year high
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I guess Paul Craig Roberts had an insight:
“Whatever the size, the rest of the world will see that the dollar is being printed in such quantities that it cannot serve as reserve currency. At that point, wholesale dumping of dollars will result as foreign central banks try to unload a worthless currency.
The collapse of the dollar will drive up the prices of imports and offshored goods on which Americans are dependent. Walmart shoppers will think they have mistakenly gone into Neiman Marcus.”
But *funny* how Paul Craig Roberts supports this Kotelinoff’s assertion the Republicans became “Big Spending Democrats.”
*Funny* because Mr. “Supply-Side” Roberts served under Reagan, the president that borrowed and left behind more debt than ALL preceding presidents.
*Funny* because it is how they use Words” to confuse.
What is “Tax and Spend”, precisely? You get elected based on issues and where you stand on them. You collect taxes to implement the programs, or you cut programs and direct the funds elsewhere. NOWHERE does this “Tax and Spend” philosophy imply DEBT.
So, WHO is financial TEENAGERS WITH CREDIT CARDS?????
Supply-Side BORROWERS.
YOU, CRAIG, you asshole.
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Spiegel quotes a atypical Greek: “”If you take away my family’s bread, I’ll take you down — the government needs to know that. And don’t call us anarchists if that happens! We’re heads of our families and we’re desperate.”
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The US and UK funded the ‘winning side’ of the 1946 “Greek Civil War”.
The question is, will this happen again?
Sadly there are no Communists to clarify this one way or the other.
The VOA and BBCWS have not Greek Service, so officially the US and UK do not care as a matter of state policy.
I admit that Greece as a Russian enclave sounds interesting — sort of a way of paying back for St Cyril and St Methodias.
The moral, if there is one :
Considering Greece part of the West is and always has been unrealistic.
@Marc Authier
I’ll 2nd that: F#$% YOU GOOGLE AND FACEBOOK! YOU CORPORATE FASCIST SCUMBAGS!
Here’s two links to help bring them down–spread them around:
Replace Google with this: http://startpage.com/
Replace Facebook with this: http://www.joindiaspora.com/
http://www.zerohedge.com/article/us-economy-canadian-leading-indicator
Canada ain’t no paradise. Canada is runned by Conservative neo-con assholes. Stupid Canadians. They love USA in Canada, specially anything that is shitty and that is American. The only boom in Stephen Hitler Harper’s federal budget is you guest it, arm’s purchases, mostly from the godamn bloodsucker from the USA arm’s sellers. How original indeed.
Stephen Harper is about the same type of politician as Bush or Sarkozy, a CIA scumbag puppet. And the Bank of Canada boss is an ex Goldman Sachs director. Assholes from Canada. Anyways Canada is no safe heaven. It’s just a golden hell. Big government, big taxes and big business.
Ontario is the worst of the bunch. Fundementally an extreme California of the North. Québec is runned by ‘mean’ french socialists. And the West is in hyper real estate bubble. Canada is golden hole.
Google is becoming quite the figure of American Nazism.
Hey Max ! How about a project about Google and the REAL Nazis neo-cons bastards behind the ‘Do no harm’ company.
Fuck you Google. Come and get us you godamn American Nazi Globalist. They will have to expand the FEMA extermination camps to allow all these new prisoners. Uber alles Nazi Google. Better tell it the way it is before these bastards start the killing in the USA and the rest of the West.
No one is cutting and running from the USA!
You are all locked in now and you have nowhere to hide:
http://www.telegraph.co.uk/technology/google/7951269/Young-will-have-to-change-names-to-escape-cyber-past-warns-Googles-Eric-Schmidt.html#disqus_thread
Spiegel quotes a atypical Greek: “”If you take away my family’s bread, I’ll take you down — the government needs to know that. And don’t call us anarchists if that happens! We’re heads of our families and we’re desperate.”
And it’s comin real soon in USA, Enjoy Coca Cola and eat your Big Macs laced with statines and mercury.
My big fat greek depression.
http://globaleconomicanalysis.blogspot.com/
70% unemployment. How that for auterity. Papandreou is a godamn asshole. So are the Greeece Conservatives, the main responsible for the crisis. That’s what happen when you screw with Goldman Satan. Don’t fuck with the Devil. It never pays. Stupid Greece. Stupid Europeans.
Pump and dump. Old rotting cadavre is about to implode and desintegrate. The maggot is leaving the corps before even he himself dies. 13% is not enough. 40% is quite conservative in the context.
@Illinois Brandon
You know what lost Neil Kinnock that election in 1992?
Stacy’s best buddy Rupert Murdoch.
I was there. He put a fear campaign of “You”ll lose your mortgage” throughout the moron press and they bought it, hook, line and sinker.
Well, it contributed to it anyway. I’m sure there were other shinannigans going on as well.
Soros is a parasite. You have to be a real asshole to pay commissions and management to that demonic fart from hell. For buying shares in GLD ETF. These people are fuckin morons. If I recall Sorus takes 20% on all profits of his clients. Yeah money laundering commission and management fees. It’s another proof how investors are dumb fucks. Either that, or the money managed by Soros is dirty money, the most probable explanation.
Maybe Soros should have been buying rocks too. Yeah. Rocks.
According to a couple websites I happened across, turquoise in the US is almost impossible to find in Nevada and Arizona, GEM quality that is. One had a 6.2 lb. Chinese turquoise specimen from long ago, 1920 or something, and those are becoming rare..GEM quality. I think this rock sold for > US$20,000. Heck, I might be low by US $20,000, or more. (Scroll down to bottom to see this rock. Click on photo of “Red Dream” to see a Milk Dud-sized rock called Spectrolite selling for US $4045.00.
Not cheap: http://www.lauriestetzler.com/gemstones/
This can’t be legit I think, so, of course, I checked another site…like I said…Jebus! Look at these prices!! Makes ya think. Scarcity/Supply and Demand I suppose. Pretty and rare trinkets for us hominids to stare in awe at…for eons.
http://www.turquoisedirect.com/Turquoise/
Perhaps gold isn’t the only scarce, easily stored and beautiful store of wealth, nor the rarest. I’m thinking it might be time to scan want ads for people selling old rocks grandpa left when he croaked, thinking they might be worth a $4.50 at a yard sale. I’d never heard of Spectrolite, or if I had, I thought it was artificially created.
See, you learn something new everyday.
Neil Kinnock was stunned and humbled by his second straight defeat quit as leader of the Labour within a week of 92 election. He was replaced by John Smith who would die of a heart attack in the spring of 1994. Smith and Labour led Major and the Tories by 20 points in the opinion when Smith suddenly died. Sometimes I think Soros was behind it to install his puppet Blair as the leader of the Labour. Robin Cook who opposed the Iraq war too died of a heart attack in 2005. See a pattern!
Sorus nearly killed the the British Tory Party with his attack on Sterling in 1992. The Tories had just one their fourth straight victory in april of 1992. They won against all odds they had trailed for nearly three until the election. Even the Big Ben exit poll on election predicted a minority Labour Government. The Tories led by John Major would stun the nation and win a 21 seat majority in the Commons with 42% of the vote to 35% of the vote for Labour. Then came black Wednesday on September 16, 1992. After that the Tories trailed Labour all the way until the next election on May 1, 1997. This time the Tories would suffer their worst defeat in history and Tony Blair became PM.
http://www.youtube.com/watch?v=BM9yCk4IB8w
Denninger: Was The Flash-Crash A “Forced Error”?
http://market-ticker.org/archives/2592-Was-The-Flash-Crash-A-Forced-Error.html
http://www.zerohedge.com/article/guest-post-purpose-behind-engineered-economic-collapse
2 minutes of hate for Soros, where is it?
We’d need a second Hindenburg omen within the next 40 days for it to be ‘confirmed’ though, which hasn’t happened yet (?)
(Though I think we were only a few points off a second last Friday)
Still, I guess we can all see the market is shaky, so If I was managing a few $bill I guess I’d be cautious/fearful too!
@Max, Stacy, did you see this:
LTCM-style supernova impending:
http://www.zerohedge.com/article/longshort-investing-dead-days-ltcm-strategies-are-back-market-plants-seeds-own-destruction
Could you play that “I predict a riot ” mashup again on your radio show? I love that song. Refco. Refco….
Soros is the Devils brother and if he ever controlled the rudder he’d make Hitler, Stalin, and Mao look like chump change.
CON’ned ..
http://editorialcartoonists.com/cartoons/PriggM/2010/PriggM20100818_low.jpg
LAROUCHEPAC: Economic Collapse
London Issues Orders to Obama: Hyperinflate!
August 18, 2010 • 7:22AM
… On the day of the Washington confab on “The Future of Housing Finance”, chaired by Treasury Secretary Geithner and HUD Secretary Donovan, the Financial Times editorialized that the U.S. housing bubble must not be allowed to pop, and that in fact a brand new one should be built on top of the old one. It is “politically and economically imperative to keep house prices high and rising,” they intoned, since “the U.S. is still not in a position to bear a tidal wave of foreclosures… Cramming down mortgage assets would pull the rug away from under a barely recovering banking system.” …
http://larouchepac.com/node/15532
“When the red, red robin comes
Bob, bob bobbin’ along, along,
There’ll be no more sobbin’ when
He starts throbbin’ his old, sweet song.
Wake up, wake up, you sleepy head;
Get up, get up, get out of bed.
Cheer up, cheer up – the sun is red.
Live, love, laugh and be happy.
What if I’ve been blue,
Now I’m walkin’ through fields of flow’rs.
Rain may glisten, but
Still I listen for hours and hours.
I’m just a kid again,
Doin’ what I did again,
Singin’ a song
When the red, red robin comes
Bob, bob bobbin’ along. “ from http://www.jumbojimbo.com/lyrics.php?songid=2982
Hindeberg Omen..
The house was ablaze, burning people where jumping out the windows, the sound of firetrucks roaring towards in the distance and sparks floating down around me, but strange how I noticed there was this little robin sitting in the tree in front. That was odd, it only did that when some diseaster was going to strike..Hmm..
Google boss in web data warning
http://www.google.com/hostednews/ukpress/article/ALeqM5iMzK3n97GA1kQS-mhefDN8BuZfTA
Google CEO Eric Schmidt has said that Google is likely to store more personal information about its users in the future.
At the moment, he said, “we know roughly who you are, roughly what you care about, roughly who your friends are.”
A different making of money
http://www.youtube.com/watch?v=BAubgR9Xz7U
Great piece on Gold, must read.. One of the Best out there..
http://fofoa.blogspot.com/2010/08/confiscation-anatomy-part-2.html
As mAx stated,.. Zoro just uses his “power/influence” to manipulate the movement of the market,….Baa ,.baaa baaaaaaaa ; )
Making of “Money”
http://www.youtube.com/watch?v=7NKDSDbipGU
Iran: Gold bullion imports surge
http://www.busrep.co.za/index.php?fSectionId=561&fArticleId=5605398
Interesting read …
Felix Zulauf: Up Close And Personal (Transcript)
By Barry Ritholtz – August 18th, 2010, 10:00AM
http://www.ritholtz.com/blog/2010/08/felix-zulauf-up-close-and-personal-transcript/#more-58273
Soros clearly sees global debt deflation coming.
Walmart’s recent earnings release show no growth in the U.S. Their earnings were fueled by non-U.S. growth, but that growth will likely flatten out or recede as the U.S. economy slows down (or tanks, which I think is more likely). This will force Walmart to reverse recent U.S. price increases (remember that it had slashed prices) as sales drop off. Ugly, ugly cycle.
No, it’s not 13% of his holdings: it’s 13% of his EQUITY holdings – which is less than 20% of the total investment pool.
The whole “news” piece is just another scam, to wit: “it is likely some of the money has been shifted into government bonds”
Yeah, right. What kind of moron – never mind an insider douche bag like Soros – would park their money in that toilet paper, especially when the banker/reserve Ponzi schemers are giving each other a reach-around?!
“SEC filings” aren’t worth the virtual paper they’re written on.
There. I clicked until my fingers got numb…my hand hasn’t been this tired since that time I didn’t have a girlfriend for 2 months.
@MotherEarth/Youri
You’re countrymen having the craic in my city during the week.
http://www.youtube.com/watch?v=3DZGSV8-pqU&feature=player_embedded#!
Hahaha, speaking of JP Morgan, here I show up with something else regarding them….feelin’ a tad hyper lately, anyone? How about 1% a week?
THAT’S a sustainable inflation rate, eh?
“Wal-Mart Quietly Raises Prices:
A JPMorgan Chase (JPM) study of a Walmart Supercenter in Virginia found that the world’s largest retailer has raised prices by nearly 6% on average over the past six weeks, according to the New York Post. Reuters says it was the biggest sequential increase since JPMorgan started the study in January 2009.
http://bit.ly/aMWILY”
Oh, this is worth tracking…..
$peculating or a ‘dead’ cert? What a ghoul.