19-Sep-13 World View -- Fed surprises Wall Street

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Expand view Topic review: 19-Sep-13 World View -- Fed surprises Wall Street

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by NoOneImportant » Thu Oct 03, 2013 11:16 pm

For those interested in where the Fed/Congressional numbers take us. http://frontpagemag.com/2013/arnold-ahl ... t-ceiling/

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by Guest » Wed Sep 25, 2013 9:20 am

Is Greece in a awaking cycle or not? Is it possible for Greece to decend into civil war?

Seeing as how Western Europe seen any major wars since WW2, could it be time for another one? Perhaps a civil war in Spain (Another attempt to avoid a break up of the country)?

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by gerald » Mon Sep 23, 2013 8:20 pm

Marc wrote:
gerald wrote:Do we live in a mushroom society? ( the world ) http://thinkoak.com/2012/12/10/avoid-th ... adly-sins/ --‘They treat us like mushrooms. They keep us in the dark and feed us manure or nothing at all!’ – telling lies, partial truths or nothing at all. ---- How can people make intelligent decisions? Especially when they are consumed with trying to survive and fed lies, partial truths or nothing at all? ---- people are lead like cattle, nothing new.
So much of American society cares far more about, say, the Kardashians than what the banksters are doing, especially if they have access to "bread and circuses" (e.g., iGadgets, Justin Bieber, reality TV, a semi-adequate safety net). It is made worse via interlocking directorates in which corporate actors protect their buddies; for example, in America, both ABC-TV and NBC-TV never aired anything about the LIBOR scandal on their evening news shows. It really makes you want to punch the wall. —Regards, Marc
Punch the wall ! ---- see my latest comment under the unthinkable --- don't know what the truth is, however, I would not be surprised. And considering operation paperclip, http://en.wikipedia.org/wiki/Operation_Paperclip
the Montauk project, http://en.wikipedia.org/wiki/Montauk_Project, and the Philelphia experiment, http://en.wikipedia.org/wiki/Philadelphia_Experiment ---- And the truth is? ---- Red pill or Blue pill?

cheers

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by Marc » Mon Sep 23, 2013 7:46 pm

gerald wrote:Do we live in a mushroom society? ( the world ) http://thinkoak.com/2012/12/10/avoid-th ... adly-sins/ --‘They treat us like mushrooms. They keep us in the dark and feed us manure or nothing at all!’ – telling lies, partial truths or nothing at all. ---- How can people make intelligent decisions? Especially when they are consumed with trying to survive and fed lies, partial truths or nothing at all? ---- people are lead like cattle, nothing new.
So much of American society cares far more about, say, the Kardashians than what the banksters are doing, especially if they have access to "bread and circuses" (e.g., iGadgets, Justin Bieber, reality TV, a semi-adequate safety net). It is made worse via interlocking directorates in which corporate actors protect their buddies; for example, in America, both ABC-TV and NBC-TV never aired anything about the LIBOR scandal on their evening news shows. It really makes you want to punch the wall. —Regards, Marc

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by gerald » Mon Sep 23, 2013 7:33 pm

Do we live in a mushroom society? ( the world ) http://thinkoak.com/2012/12/10/avoid-th ... adly-sins/ --‘They treat us like mushrooms. They keep us in the dark and feed us manure or nothing at all!’ – telling lies, partial truths or nothing at all. ---- How can people make intelligent decisions? Especially when they are consumed with trying to survive and fed lies, partial truths or nothing at all? ---- people are lead like cattle, nothing new.

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by Marc » Mon Sep 23, 2013 7:12 pm

NoOneImportant wrote:While GD is Greece's issue de jour, it in actuality, is not Greece's real problem. What we are seeing in Greece, a phenomenon that we will also soon see repeated in other socialist Utopian "experiments", is Greece's manifestation of what happens when socialist societies, as Ms Thatcher so elegantly put it "... when you run out of other people's money...." Greece, like the U.S., Spain, Italy, Ireland, and several others have been on a socialist spending bender, an irrational spending spree, created by politicians designed to feed the "something-for-nothing" mentality of their developmentally stunted electorate.

All something-for-nothing schemes require administrative theft; whether it is excessive direct taxation, the unified stealing of something from everyone via inflation, or the accrual of unsustainable public debt, matters not, and is not actually important. What is important here is that there is a significant group of "criminals" - politicians - who have come to believe that there is nothing wrong, so long as they keep nothing for themselves, with stealing from everyone to give to someone else what, in almost every case is to "buy" votes, what hasn't been earned. The deluded electorate convinces itself, over time, that so long as they are moral enough to refrain from the overt sealing of someone else's property themselves they have done nothing wrong. They just aren't quite moral enough not to take the stolen proceeds of what has been taken from someone else by a politician for their benefit.

When you run out of other people's money, and don't have the ability to print more, like the U.S. Fed, you get this enormous problem. Everyone in the mechanized theft extravaganza seeks to find out who is at fault for destroying the wonderful system that worked so well for so long - the collapsed Ponzi Scheme gone awry. So human nature being what it is, they immediately start to spend excessive amounts of time attempting to find out "what went wrong", and who is at fault, "...who caused what was so good for so long to fail." As each of the electorate members surely knows that they are not criminals for they have stolen nothing. So the witch hunt begins, stoked by the very same class who initiated the problem to begin with - self-seeking, self-absorbed, self-serving politicians. Politicians who purport themselves to be moral because they take nothing from the public coffers, but have no such compunction regarding taking political contributions numbered in the tens of millions from organization lined up at the public tough; a trough being continuously filled from political initiatives with public cash by the ship load. Politicians who again go to them now culpable, developmentally stunted electorate; politicians who then point to the most helpless in society and scream: "... they did it to us...." And that leads us to the irrational rise, in Greece's case, of Golden Dawn. And it happens because, to borrow an old mid 70s phrase, few are willing to either understand, believe, or accept that: "there is no free lunch."
Interesting analysis, using Thatcher's famous quote regarding socialism. Yes, resources that can be taken from wealth redistribution or even via printing money are finite. I do respectfully think, however, that in a democracy, be it the USA or Greece or other democracies, that the politicians who are elected, while they can frequently be self-serving (including the propensity to take and encourage "legal kickbacks"), largely exist as elected politicians because the people want them to be their politicians, although you do allude to this fact.

Greece's problems not only stem from excessive demands from the public, but from rampant corruption, which affects the capacity for Greek entrepreneurship and competitiveness. And, while racism and xenophobia can certainly exist in the USA, I do think it has a propensity to exist to a greater extent in many European countries, due to more homogeneity and some longstanding feelings of ethnic tribalism within these countries. If America's economy turned into Greece's present economy, it would no doubt engender some strong populist movements, including heightened anti-immigrationism, anti-Semitism, etc., but probably not lead to a strong American neo-fascist movement. That's just my guess.

Maybe others have further opinions here. Thanks for sharing the cogent words. —Regards, Marc

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by NoOneImportant » Mon Sep 23, 2013 2:34 pm

While GD is Greece's issue de jour, it in actuality, is not Greece's real problem. What we are seeing in Greece, a phenomenon that we will also soon see repeated in other socialist Utopian "experiments", is Greece's manifestation of what happens when socialist societies, as Ms Thatcher so elegantly put it "... when you run out of other people's money...." Greece, like the U.S., Spain, Italy, Ireland, and several others have been on a socialist spending bender, an irrational spending spree, created by politicians designed to feed the "something-for-nothing" mentality of their developmentally stunted electorate.

All something-for-nothing schemes require administrative theft; whether it is excessive direct taxation, the unified stealing of something from everyone via inflation, or the accrual of unsustainable public debt, matters not, and is not actually important. What is important here is that there is a significant group of "criminals" - politicians - who have come to believe that there is nothing wrong, so long as they keep nothing for themselves, with stealing from everyone to give to someone else what, in almost every case is to "buy" votes, what hasn't been earned. The deluded electorate convinces itself, over time, that so long as they are moral enough to refrain from the overt sealing of someone else's property themselves they have done nothing wrong. They just aren't quite moral enough not to take the stolen proceeds of what has been taken from someone else by a politician for their benefit.

When you run out of other people's money, and don't have the ability to print more, like the U.S. Fed, you get this enormous problem. Everyone in the mechanized theft extravaganza seeks to find out who is at fault for destroying the wonderful system that worked so well for so long - the collapsed Ponzi Scheme gone awry. So human nature being what it is, they immediately start to spend excessive amounts of time attempting to find out "what went wrong", and who is at fault, "...who caused what was so good for so long to fail." As each of the electorate members surely knows that they are not criminals for they have stolen nothing. So the witch hunt begins, stoked by the very same class who initiated the problem to begin with - self-seeking, self-absorbed, self-serving politicians. Politicians who purport themselves to be moral because they take nothing from the public coffers, but have no such compunction regarding taking political contributions numbered in the tens of millions from organization lined up at the public tough; a trough being continuously filled from political initiatives with public cash by the ship load. Politicians who again go to them now culpable, developmentally stunted electorate; politicians who then point to the most helpless in society and scream: "... they did it to us...." And that leads us to the irrational rise, in Greece's case, of Golden Dawn. And it happens because, to borrow an old mid 70s phrase, few are willing to either understand, believe, or accept that: "there is no free lunch."

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by Guest » Sun Sep 22, 2013 6:26 am

I still think Golden Dawn has a real chance to take over Greece. GD was a fringe political party without a single seat in parliament for decades, and now they are the 3rd largest political party in Greece. Hitler gained power with less than 40% of the vote. I know the EU would blow a pistion if this happened, but the Greeks are going hungry and living on the streets. Parties like this thrive in times of crisis. What could the EU really do in that situation? I think Greece would just turn towards Russia for support if the EU abandoned them. (Which I think would be even worse for the Greeks than what they have to deal with now).

I think any attempt to crush GD could lead to violent unrest, even civil war. Is Greece is an awakening period? Is civil war possible?

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by John » Thu Sep 19, 2013 7:33 pm

Guest wrote:What is the difference between far-right in Europe and far-right in America?
The far right in Europe is Nazi. The far right in America is against government spending.

Re: 19-Sep-13 World View -- Fed surprises Wall Street

by Guest » Thu Sep 19, 2013 7:09 pm

What is the difference between far-right in Europe and far-right in America?

I don't believe in banning political parties or restricting free speech. Is banning Golden Dawn legal? How can a government ban the 3rd largest party in Greece? Could the Greek government get away with it? I think a civil war would erupt.

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