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Tuesday, July 12, 2011
The death (hopefully ) of keynesian economics
Keynesian economics if you can even include the two words together is bullshit
Monday, July 11, 2011
Hear Hear
Thank you Paul Craig Roberts
yep thats it
yep thats it
- The purest example of how Americans are shielded from truth is the media's (including many Internet sites') response to the large number of professionals who find the official explanation of September 11, 2001, inconsistent with everything they, as experts, know about physics, chemistry, structural engineering, architecture, fires, structural damage, the piloting of airplanes, the security procedures of the United States, NORAD's capabilities, air traffic control, airport security, and other matters. These experts, numbering in the thousands, have been shouted down by know-nothings in the media who brand the experts as "conspiracy theorists."
Hahaha this is what I have been saying to people since the beginning of this so called recovery
FEDS MONEY PUMP
The ONLY THING kepping markets up is the FED printing money
If it was a REAL recovery then the things that caused the crisis would have been resolved. The spark for the crisis was a huge real estate bubble that popped.
The banks that lent the garbage and the people who borrowed too much needed to go under and the savers should have been able to go in and buy up all the property and /or banks at rock bottom prices. (after a bubble prices overshoot in the reverse direction).
In the US house prices did still and still are going down but the bad debts written by the banks did not get written down and the rally in stocks started way before a bottom was reached. (the bottom still hasn't been reached).
In the Uk though houise prices were pumped back up and in many other parts of the world such as China and Australia bubbles were pumped bigger.
Looose credit GOT US INTO THIS mess so there is n o way that more of the same and then some (think QE money printing to infinity) will get us out of it.
The debts either have to be defaulted on or payed back before we can EVEN think of a recovery and yes that means all the big banks going tits up.
When the big banks fail and after the ensuing chaos, only then will I buy stocks.
Until then the only thing to buy is Gold and Silver.
All the money printing has done is buy us some time but the resulting collapse will be much worse. True that if the FED hadn't p;rinted money we would be in a global depression, but by now we may have been coming out of it. This time I expect a Humpty Dumpty collapse.
The ONLY THING kepping markets up is the FED printing money
If it was a REAL recovery then the things that caused the crisis would have been resolved. The spark for the crisis was a huge real estate bubble that popped.
The banks that lent the garbage and the people who borrowed too much needed to go under and the savers should have been able to go in and buy up all the property and /or banks at rock bottom prices. (after a bubble prices overshoot in the reverse direction).
In the US house prices did still and still are going down but the bad debts written by the banks did not get written down and the rally in stocks started way before a bottom was reached. (the bottom still hasn't been reached).
In the Uk though houise prices were pumped back up and in many other parts of the world such as China and Australia bubbles were pumped bigger.
Looose credit GOT US INTO THIS mess so there is n o way that more of the same and then some (think QE money printing to infinity) will get us out of it.
The debts either have to be defaulted on or payed back before we can EVEN think of a recovery and yes that means all the big banks going tits up.
When the big banks fail and after the ensuing chaos, only then will I buy stocks.
Until then the only thing to buy is Gold and Silver.
All the money printing has done is buy us some time but the resulting collapse will be much worse. True that if the FED hadn't p;rinted money we would be in a global depression, but by now we may have been coming out of it. This time I expect a Humpty Dumpty collapse.
Monday, July 4, 2011
Nigel Farrage proving once again why he is the only adult politician to be found
Why is he not PM?
The worlds biggest AGW supporter Keiser also proves he has some brains when he sticks to economics.
The worlds biggest AGW supporter Keiser also proves he has some brains when he sticks to economics.
NO FURTHER PROOF OF FASCISM NEEDED: WASHINGTONS REVOLVING DOOR LOOKS SET TO REVOLVE AGAIN
THIS IS PURE COMEDY
SICK COMEDY THAT IS: THIS IS WHAT THE PHRASE: CONFLICT OF INTEREST WAS WRITTEN FOR. Guess that means nothing now though as its been going on for so long in the land of the free.
Tim Geitner was after all head of the NEW YORK FEDERAL RESERVE BEFORE
which is a private arm of The TPTF banks such as JPMorgan
SICK COMEDY THAT IS: THIS IS WHAT THE PHRASE: CONFLICT OF INTEREST WAS WRITTEN FOR. Guess that means nothing now though as its been going on for so long in the land of the free.
Tim Geitner was after all head of the NEW YORK FEDERAL RESERVE BEFORE
which is a private arm of The TPTF banks such as JPMorgan
Mark Zandi Says Jamie Dimon Would Be "Fabulous" Replacement To Geithner, Unclear On Madoff Succession Chances
There may have been those who thought that our focused mockery of Moody's head something Mark Zandi went a little too far last summer when he and other prominent Princeton proctovoodoologist Alan Blinder praised Tim Geithner's abysmal "recovery" in a desperate attempt to get an administrative job away from their respective sinking ships. Well now he have pure comedy genius to add to allegations of incompetent buffoonery. On Friday, Zandi told Yahoo's Daily Ticker that of all proposed replacements to Tim Geithner (a list which he somehow was not part of despite years of sycophantry) JPMorgan head, currently embroiled in billion dollars worth of mortgage fraud litigation, would make a "Fabulous" Treasury Secretary. That's right: the head of the bank that effectively shares its balance sheet with the Fed courtesy of being the primary shadow banking system gatekeeper as one of two tri-party repo clearers, and whose relentless printing of new bonds would necessitate round after round of QE, would make a "fabulous" treasury secretary... While we are at it, why not just get Bernie Madoff, who continues to be in jail for doing what the global financial system does each and every day, furloughed and have him run the US Treasury every Tuesday, Wednesday and Thursday on alternative weeks when the bimonthly refunding occurs. After all who better to lead the US Treasury than him?
read entire article at zerohedge
This is also the bank that BLAIR now works for.
Spot the pattern, DO WHAT THESE BIG GLOBAL INSTITUTIONS SAY (even if it means bankrupting your country in the process as in the case of Blair, and you get a nice cushy job with them afterwards)
Having Blair work in a bank is like getting Kenneth Noy to look after your gold bullion.
I suspect Geitner after bankrupting the US will ow also get a job with them. Either that or their evil twin Goldman Sachs
This is also the bank that BLAIR now works for.
Spot the pattern, DO WHAT THESE BIG GLOBAL INSTITUTIONS SAY (even if it means bankrupting your country in the process as in the case of Blair, and you get a nice cushy job with them afterwards)
Having Blair work in a bank is like getting Kenneth Noy to look after your gold bullion.
I suspect Geitner after bankrupting the US will ow also get a job with them. Either that or their evil twin Goldman Sachs
Sunday, July 3, 2011
Even the MSM IS REPORTING on the NEW WORLD ORDER
AS discussed in Alex Jones's film End Game
Seems the evidence is quite striking for this so called conspiracy theory.
Indeed Greece is warned of severe lack of sovereignty
That is the END game of course, to strip countries of their sovereignty and placed into debt servitude
of a GLOBAL BANK IE THE IMF.
Remember what Rockefeller said
Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that's the charge, I stand guilty, and I am proud of it."
Its brazenly admitted unyet the general populace is too asleep to noticer and people like me are just conspiracy theorists. Not only admitted but in plain site when one looks at how the world works
Sad but true.
He also had this to say
"The supranatural sovereignty of an intellectual elite and world bankers is certainly preferable to the national auto-determination practiced in the past centuries." -- David Rockefeller
These are some other famous quotes
Kissingers I find the most chilling
"Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government."
- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991
- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991
Is this what the so called war on terror was really about?
Even some very well known people like Jim Corr are now talking about the coming one world government
Stacey Herbert over at Max keiser.com is a moron
She is a one track record going on daily about AGW.
I like Max and his stance against the banks but his constant talk of AGW when everyone knows that its also a
ponzi scheme from the banks leads me to conclude that he and Stacey cannot be trusted.
It has been said countless times by experts such as Piers Corbyn that our weather and indeed earthquakes
are driven by sun and lunar effects and has nothing to do with C02.
Climategate also exposed AGW as a fraud
Are we killing the planet? Absolutely but to blame it on C02 misses the point. C02 is the least of our worries
when compared to radiation leaks, chemical dispersants sprayed on oil spills, plastics, heavy metals, you name it
we are destroying our host ie our planet. It just upsets me that so called intelligent people can get sidetracked onto this C02 nonsense.
I'm beginning to question anything these two say.
I like Max and his stance against the banks but his constant talk of AGW when everyone knows that its also a
ponzi scheme from the banks leads me to conclude that he and Stacey cannot be trusted.
It has been said countless times by experts such as Piers Corbyn that our weather and indeed earthquakes
are driven by sun and lunar effects and has nothing to do with C02.
Climategate also exposed AGW as a fraud
Are we killing the planet? Absolutely but to blame it on C02 misses the point. C02 is the least of our worries
when compared to radiation leaks, chemical dispersants sprayed on oil spills, plastics, heavy metals, you name it
we are destroying our host ie our planet. It just upsets me that so called intelligent people can get sidetracked onto this C02 nonsense.
I'm beginning to question anything these two say.
Saturday, July 2, 2011
Friday, July 1, 2011
aha thats why the MSM is silent over FUKUSHIMA
The Mainstream media as Gerald Celente says are Presstitutes
If you want to hear the truth then don't bother listen to CNN or the BBC unless you like Propaganda of course.
http://www.guardian.co.uk/commentisfree/2011/jul/01/fukushima-emails-government-nuclear-industry
If you want to hear the truth then don't bother listen to CNN or the BBC unless you like Propaganda of course.
http://www.guardian.co.uk/commentisfree/2011/jul/01/fukushima-emails-government-nuclear-industry
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