Ted Butler: US Commodity Regulation – A Failed Mission?

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“Any new physical buying is adding pressure and therefore moving the price higher.”

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FORECLOSURES ‘ASTRONOMICALLY HIGH’

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“An astounding Department of Justice threat to cancel airline flights to and from Texas, in addition to underhanded lobbying by TSA representatives, has killed efforts in the state to pass HB 1937, a bill that would have made invasive pat downs by TSA agents a felony.”

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Bull market in dissent

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Nobody called the bull market in dissent earlier than Max Keiser did!

“If you look at what’s happening next, you see huge societal upheaval, you see basically societal revolutions, [afterward,] you see … Levittowns, McDonalds, strip malls … you had the ’60s sexual revolution, feminism, anti-war establishment. That’s what’s next for the Internet,” Wilson said.

Wilson said it’s unclear how investors can even participate or fund these ideas, but that’s where the Internet is moving now. But it doesn’t necessarily mean funding new companies, Wilson said. “When you look at Twitter, you see that Twitter doesn’t just benefit from (social revolution) but facilitates that. Those ideas that are almost anti-establishment are where you see the biggest opportunities,” he said.

“There has been a lot of talk recently about the end of the bull market. Well, I don’t think this is the reality of the situation. There is a huge bull market waiting to be tapped and that is the bull market of dissent.”

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“It’s no secret that members of Congress qualify as political insiders, but a new report strongly suggests that they also may be insiders when it comes to trading stocks.”

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Virtual Prison Economics & Zynga

Swapping labor for fiat money that is 99% debt – increases unemployment – increases inequality – increases the prison population – and increases market chaos – four goals of banksters who prefer dictatorship over representational government and market equilibrium. That’s right, making loans (creating debt-money out of thin air) at .01% debases the currency – increases unemployment – increases the prison population – and increases market chaos.

As bad as this is, making loans at 0.0% via Zynga/Farmville is worse. Zynga is not a game, it’s a currency. Just like taking fiat money reduces the purchasing power of that money. Taking Zynga dollars reduces the purchasing power of ALL CURRENCIES as Zynga dollars are backed by fiat dollars that are backed by debt. This is another layer in the Ponzi scheme and the more you ‘play’ the poorer you become. As more Zynga dollars circulate at 0% – unemployment will increase – inequality will increase – market chaos will increase – and the prison population will also increase at greater rates than present. But this prison population increase will come in the form of self-inflicted house arrest and imprisonment that users of Zynga/Farmville volunteer for when they swap their near worthless fiat money for absolutely worthless Zynga/Farmville money. Virtual imprisonment.

Think about it, you are swapping your labor for 99% worthless fiat money – that you then swap for 100% worthless virtual money backed by even less tangible substance than fiat money – sold to you by Zynga (soon to go public in a $20-30 billion IPO from JPM and Goldman) that debases and dilutes the existing pool of capital (and labor) with a unit of exchange whose value is tied to the number of people (so-called ‘social networking’) who are willing to forego productive pursuits with their time and energy (like labor and education) to pursue electronically created worthless units of Zynga currency that is backed by banks issuing trillions more fiat money backed by the ‘success’ of stock floats that enable millions more to check themselves into virtual casino-gulags in the hopes of taking their minds off the grim reality of how badly these same banks destroyed their lives by issuing fiat money in the first place – by chasing even more worthless virtual money.

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Casino-Gulag Update

“Labour camp detainees endure hard labour by day, online ‘gold farming’ by night”

“Its millions of users stump up real money to pay for virtual cows as they play online phenomenon Farmville.”

Virtual currencies are set to get a multi hundred billion dollar injection of fiat currencies as Zynga lines up banks to go public and their offerings such as Farmville continue to attract hundreds of millions of users while large prison systems like those in China force inmates to play games for ‘digital gold.’ For those fighting the good fight against fiat money – this might come as a bit of a surprise – because no one fighting against fiat madness has really stopped to consider how virtual money is like fiat money on steroids. At least with fiat money and fractional reserve banking there is a fraction in the equation upon which the Ponzi scheme is built. With virtual currencies there is not even a fraction. This is zero-reserve banking rolled out to billions of people who are exchanging their time and energy (that could be spent doing productive work, or attending school) for virtual money that comes with interest attached in the form or ad-views. This is not ‘interest’ like we’re used to – as in the interest charged for a loan – but ‘interest’ as in time spent playing games like Farmville that appear ‘interesting.’ This is your interest that’s being monetized and sold to advertisers. Your time and energy that could be applied toward working against the tide of bankster imperialism that you are giving away to the point of self-imprisonment where many will amuse themselves to death.

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SchiffReport: National Inflation Association co-founder admits NIA is a FRAUD!

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“Greenwich banker brings cash to million borrowers house asking for her to pay off loan so the FDIC and shareholders don’t know it’s not performing.”

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Tim Geithner re: banks: “They’re trying to starve the agencies of funding so they can’t enforce protections for investors.”

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“State attorneys general are not happy with a $5 billion offer by major banks to settle lawsuits regarding robo-foreclosures and other alleged grievances.”

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Greenwich banker under investigation: “Fred DeCaro III delivered the needed cash to my house in a brown paper bag and told me to make the payment so he didn’t have to report the mortgage as delinquent to the FDIC or the stockholders.”

h/t Teri Buhl

Jones, who says she helped raise more than $3 million for the bank and invested $1 million in it, eventually received 27 construction loans for 12 properties from the bank, including second and third loans. Jones showed investigators second lien account statements with a balance due in April 2009 of $172,655 which was magically paid down to only $55 one year later. Jones states she did not pay off these loans but thinks someone directed by the banks executives made the balances ‘go away’.

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