Generational Dynamics Forum - New Site

http://suddendebt.blogspot.com/
The root of the problem is the solutions as always.
As mentioned the second oldest profession is
no different that the first. I do not think those
on watch even have basic desire to just say
instruments unregulated are unsecured liabilities
from the common fund. Exempt from public coffers.
The FIRE economy needs a head slap, not opinion
to there rights since we have none as taxpayers.
Caveat emptor was first laid down as a principle in United States law in 1817
in a decision written by Chief Justice John Marshall for Laidlaw v. Organ.
If it is not recorded as a public forum of office they are forfeit.
Contract is a right to property, surety needs to apply
to tangible assets first the rest is emptor to unregistered
vehicles. In the same way, when you have done everything required of you, you should say,
‘We servants deserve no special praise. We have only done our duty.’
http://mises.org/etexts/mises/bureaucracy/section7.asp

The California PUC has been dealing with similar concerns. On November 22, they decided to add an opt out provision.
According to the plan, a customer would pay a $90 upfront cost and a monthly fee of $15 to keep smart meters out.

real time reports http://somaliareport.com/index.php

http://www.testosteronepit.com/home/201 ... e-ecb.html

The first time I heard of the MF Global collapse and their theft of customer monies, I said this might lead to a collapse of commodity markets. It appears this is already under way. This COULD be headed off by the arrest and conviction of some hundreds of the well connected, but that still seems to be unthinkable in Washington.

at99sy wrote:I asked why it can't go on for along time. I agree with what you are and have been saying.

"Ponzi scheme fails long before that,
because the number of people willing to participate is limited to
"suckers."

But the people do not have the option of participating or not. The Fed and respective governments make those
decisions for us-we the people. One would have to be living in a cave or be deranged to see this not ending
badly. I just do not see TPTB stopping the train any time soon. They can't stop the train can they? This thing has to crash and crash hard.
But they will just keep pulling "magic" out of their rear ends until the people revolt or someone launches a preemptive strike somewhere and then we
have what politicians always wish for in times of internal struggle. An Enemy we can believe in. Distract and confuse the sheeple.

I'm in agreement with your prediction I just don't have the same time table as you. I am prep'ing for what ever comes down the pike.
I spent 4 years in Spec/Ops and live in rural NH. The winter is the only thing that concerns me if and when it all goes up in flames.

Cheers

sy

Like I was saying:World's central banks act to ease market strains
http://finance.yahoo.com/news/worlds-ce ... 58888.html

"Major central banks around the globe took coordinated action Wednesday to ease the strains on the world's financial system, saying they would make it easier for banks to get dollars if they need them. Stock markets rose sharply on the move. "

It seems as if there is no limit to the creativity of their desires to kick the can into infinity.

at99sy wrote: > Like I was saying:World's central banks act to ease market
> strains
> http://finance.yahoo.com/news/worlds-ce ... 58888.html

> "Major central banks around the globe took coordinated action
> Wednesday to ease the strains on the world's financial system,
> saying they would make it easier for banks to get dollars if they
> need them. Stock markets rose sharply on the move. "

> It seems as if there is no limit to the creativity of their
> desires to kick the can into infinity.

Well, I'm not so sure, Sy. This is a lot less than meets the eye.

Analysts on CNBC and BBTV are grinning from ear to ear. They're all
wondering whether they're going to get fat end of year bonuses, and
they see this move as pouring money into the stock markets and into
their pockets, just as quantitative easing did. However, no one is
seriously claiming that this move will pour money into the pockets of
ordinary people or businesses.

However, this isn't anything like QE. This is increasing swap lines
so that European banks can use euros to buy more dollars. That may
buy a little time in Europe, but it won't change the fact that the ECB
is going to have to "print" more euros to get through the next few
days.

Furthermore, I'm hearing several analysts say that this isn't a good
move. Some are questioning why America is bailing out Europe (which
isn't true anyway), but more important, some are saying that this is a
move of desperation, and indicates how serious the situation is.

Stock traders are freaking out this morning, with the DJIA up 400
points. We'll see how long it lasts.

John

John wrote: However, no one is
seriously claiming that this move will pour money into the pockets of
ordinary people or businesses.

That may buy a little time in Europe, but it won't change the fact that the ECB
is going to have to "print" more euros to get through the next few
days.

John

Of course this won't put any cash in people's pockets. That is not the intended purpose.
neither was QE1,QE2......
It is buying more time; kicking the can. Protecting the TBTF institutions at the expense of us.

It will last until the next downgrade or shocking-unexpected announcement etc.. just like the past three years.
I wonder how many people not reading forums such as yours are oblivious to the reality of this situation?

I'd venture to guess, most of them. I have to confess a mobid fascination at watching this unfold, however the anticipation
of waiting for the eventual "whatever" to happen is wearing on me.

cheers
sy

at99sy wrote:
Like I was saying:World's central banks act to ease market strains
http://finance.yahoo.com/news/worlds-ce ... 58888.html

"Major central banks around the globe took coordinated action Wednesday to ease the strains on the world's financial system, saying they would make it easier for banks to get dollars if they need them. Stock markets rose sharply on the move. "

It seems as if there is no limit to the creativity of their desires to kick the can into infinity.

The fraudsters have completely captured the regulatory mechanism and must maintain control of the political mechanism to keep their nefarious enterprise afloat. Thus, The short-term end game appears to be to get through the next election cycle, preserve the statue quo, and prevent the election of any and all politicians who might if elected President take hold of the Justice Department, FBI, etc and audit the Fed, banks, investment banks and various Wall St firms with all of the legal devices at their disposal.

I for one would not bet against TPTB aka the fraudsters, kicking the can long enough to get through the next election. if they are able, it will probably allow hundreds if not thousands of Jon Corzine types to escape prosecution with ease. If not, it will likely be a widespread case of, as I mentioned before, the 21st Century version of the old joke,

Corporate executive to auditor: "We had a horrible, tremendous fire yesterday"
Auditor: "That's terrible"
Executive: "Don't worry, no one was hurt"
Auditor: "How fortunate"
Executive: "Yes we were very 'lucky', it was completely confined to our accounting department"

These efforts are yielding shorter and shorter periods of euphoria. I'd say this one will be dead by Monday at the latest. More likely Friday, but there is such a concerted effort to hide all bad news on Thursday and Friday now, that I don't know.

I do have the perfect investment though, cotton wool for wrapping investors in, and especially for muffling their ears. Governments the world over will buy it by the container ship load! LOL.

Tom Acre wrote:I for one would not bet against TPTB aka the fraudsters, kicking the can long enough to get through the next election. if they are able, it will probably allow hundreds if not thousands of Jon Corzine types to escape prosecution with ease. If not, it will likely be a widespread case of, as I mentioned before, the 21st Century version of the old joke,

I have been thinking this same scenario. It would almost seem as if the fix was in place. Use Obama to Save the world, have him fail due to Bush and the Just say No party, disenfranchised voters with no hope left or change in their pocket, Elect any Republican, see the whole thing go down in flames, because this ship has sailed,and blame the Republicans for destroying our way of life. The USA is no longer as we see it today and will potentially become two or three different countries or sovereign territory's.

The shine is wearing off the "turd" quicker and quicker for sure. But at what point do the masses finally demand a piece of the pie and the fraudsters hung.

The OWS crowd do not look as if they have the stones to engage in any hardcore civil disob. If the unemployment checks ever stop flowing then we could see some serious revolts in the streets and shopping centers.

While I was in the Army we used to look at ways to restrict or prevent trade in urban areas. It is surprisingly simple. It wold not take much to reduce the supply of food and other mainstays into dense pop. areas. Hungry people tend to be less than diplomatic.
An old survivalist guy I used to know always said that if you had enough guns, bullets and booze you could get anything you wanted.
Should be a good show forthcoming.

cheers

sy

OLD1953 wrote:These efforts are yielding shorter and shorter periods of euphoria. I'd say this one will be dead by Monday at the latest. More likely Friday, but there is such a concerted effort to hide all bad news on Thursday and Friday now, that I don't know.

I do have the perfect investment though, cotton wool for wrapping investors in, and especially for muffling their ears. Governments the world over will buy it by the container ship load! LOL.

I agree with Old's view. This firecracker was probably a dud. At least the evidence I'm looking at shows it. In fact, the euphoria may already be over.

First I am noting that the Euro did a huge rally on the news, then gave up a full point against the dollar. Likewise, oil went up 2.5%, then gave half of it up. That says to me that the move up in stocks was driven by "shock and awe" short covering, not fresh buying. Now we'll see if actual buyers step up in coming days. I'm doubting that will happen.

When the tide is clearly going out, the Central Bank manipulators lose their magic and as the water recedes they will be exposed as the naked fools they really are.

But let's watch and see who is right. A big down day in stocks Thursday, Friday or Monday will (should?) be on the menu if the gloomy folks here are right.

The corollary is that they will be unable to hold it together until the election, just as in 2008. In fact, it seems to me the situation is far worse than it was at year end 2007 and deteriorating far more rapidly.

http://video.google.com/videoplay?docid ... 7629231653#
Scale it up, we are not blind here. Review link please.
To be more calibrated as the fact to the master builder dilema expounded ad naseum.
Parity was a goal and linked was the results but as we are seeing the reality is only in terms of the ideological soil it was deposited in.
It will fail. There is a rift that will never heal in America.
Americans are asleep in vast numbers. More are actively walking away.
Taxpayer said no bailouts and we got alphabit soup poured down our throat and now its tipping point.