User Panel
User Panel
User Panel
|
Posted: 1/27/2013 9:28:02 AM EST
[#1]
There are ten links in this " link ", all very descriptive.
ETA- sorry if it's a dupe - still goo, er, uh, bad though. |
|
|
|
Posted: 1/27/2013 10:57:42 AM EST
[#2]
Quoted: Quoted: Geithner's Legacy: The "0.2%" Hold $7.8 Trillion, Or 69% Of All Assets; And $212 Trillion Of Derivative Liabilities ...Well, according to the latest Q3 OCC report, the total amount of derivative exposure at just the Top 4 banks is now some $212 trillion, or 93.2% of the total $227 trillion in outstanding US derivatives. ...To summarize: the top 12 banks control 69% of all financial assets, some $7.8 trillion yet just the top 4 are responsible for 93.2% of all derivative exposure. They have consolidated all the 'Wealth' to a select few; Every market has been manipulated into the Biggest Bubbles ever created, except OUR Dollar; Unconstitutional Policy has diminished the Full Faith of OUR Dollar; Bubbles usually create economic growth, technically, WE have Zero? Policymakers are deflating OUR Wealth, while increasing theirs...Acts of Competence or High-Treason?  Whatever, I decided to wait for the next version of the iPhone 5 before I upgrade.  Damn these Leftist, Marxist, Commuhnist conspirators!!!  How Iceland Overthrew The Banks: The Only 3 Minutes Of Any Worth From DavosA Real Leader speaking...Kind of disproves the theory of 'Too Big to Fail'  |
|
|
|
Posted: 1/27/2013 11:14:56 AM EST
[#3]
Quoted: There are ten links in this " link ", all very descriptive. ETA- sorry if it's a dupe - still goo, er, uh, bad though. You should start your own LaRue News Network that just runs the images on those links  You're a 'rich'...do it  |
|
|
|
Posted: 1/28/2013 12:02:54 PM EST
[#5]
-The sun eventually sets on every empire. |
|
|
|
Posted: 1/28/2013 3:37:35 PM EST
[#6]
Quoted: -The sun eventually sets on every empire. Yes, welcome to the end of ours... At least the British are being honest. The ONLY thing the government can do is get public finances in order by balancing their books. The United States is acting like the old USSR. Our "central economic planners" want to "manage" the economy. They believe there is NO reason to quit printing monopoly money, public debt be damned. They believe they are smart enough to "control" the free-market. Our "smart guys" are killing us. The economic distortions they are creating and growing are helping the oligarchs, political class (ALL that work for government), and some of the very wealthy become MORE wealthy then they otherwise would be in a normal free-market economy. They are debasing the currency, and dismantling the private sector, and middle class, and creating more poor and dependents. We are losing. Welcome to America's "fundamental change".  |
|
|
|
Posted: 1/28/2013 3:39:19 PM EST
[#7]
Quoted:
Quoted:
-The sun eventually sets on every empire. Yes, welcome to the end of ours... At least the British are being honest. The ONLY thing the government can do is get public finances in order by balancing their books. The United States is acting like the old USSR. Our "central economic planners" want to "manage" the economy. They believe there is NO reason to quit printing monopoly money, public debt be damned. They believe they are smart enough to "control" the free-market. Our "smart guys" are killing us. The economic distortions they are creating and growing are helping the oligarchs, political class (ALL that work for government), and some of the very wealthy become MORE wealthy then they would otherwise would be in a normal free-market economy. They are debasing the currency, and dismantling the private sector, and middle class, and creating more poor and dependents. We are losing. Welcome to America's "fundamental change". Our almost certain 'change', isn't likely to be as 'peaceful' as the USSR's. The way their PTB handled their 'overthrow' seemed rather gracious. I don't expect the same here. 
|
|
|
|
Posted: 1/28/2013 3:44:56 PM EST
[#8]
"...and dismantling the private sector, and middle class, and creating more poor and dependents."
Let's call it what it is... "The Economic Destruction of the Middle Class" Now lessee, where have I heard that before????? 
|
|
|
|
Posted: 1/28/2013 4:08:01 PM EST
[#9]
Quoted:
Quoted:
-The sun eventually sets on every empire. Yes, welcome to the end of ours... At least the British are being honest. The ONLY thing the government can do is get public finances in order by balancing their books. The United States is acting like the old USSR. Our "central economic planners" want to "manage" the economy. They believe there is NO reason to quit printing monopoly money, public debt be damned. They believe they are smart enough to "control" the free-market. Our "smart guys" are killing us. The economic distortions they are creating and growing are helping the oligarchs, political class (ALL that work for government), and some of the very wealthy become MORE wealthy then they otherwise would be in a normal free-market economy. They are debasing the currency, and dismantling the private sector, and middle class, and creating more poor and dependents. We are losing. Welcome to America's "fundamental change". "Political class" - a phrase I don't recall encountering. One more large voting block with a knife to our taxpayer necks ...
|
|
|
|
Posted: 1/28/2013 5:35:17 PM EST
[#10]
Quoted: Quoted: Yes, welcome to the end of ours... At least the British are being honest. The ONLY thing the government can do is get public finances in order by balancing their books. The United States is acting like the old USSR. Our "central economic planners" want to "manage" the economy. They believe there is NO reason to quit printing monopoly money, public debt be damned. They believe they are smart enough to "control" the free-market. Our "smart guys" are killing us. The economic distortions they are creating and growing are helping the oligarchs, political class (ALL that work for government), and some of the very wealthy become MORE wealthy then they otherwise would be in a normal free-market economy. They are debasing the currency, and dismantling the private sector, and middle class, and creating more poor and dependents. We are losing. Welcome to America's "fundamental change". "Political class" - a phrase I don't recall encountering. One more large voting block with a knife to our taxpayer necks ... Yes, its a term that has only recently come into use in the United States. Here it has been used to describe the "political elite". Personally, I use it as a "catch all" for those that derive their livelihood free from the natural economic "feedback loops" of the free-market. Even those in the lower echelon of the "political class" who don't necessarily have "wealth" or "prestige" but derive an income and benefits that wouldn't be possible in the presence of normal economic "feedback loops"are included under my definition. I would also include "union" members. however, despite their attempt at escaping economic realities often succumb to "feedback loops" when their negotiated wages and benefits drive employers out of business and themselves out of a job. A=A Most people don't want to be subjected to the insecurity of the natural free-market. Its scary to succeed or fail based on results. The "political class" is not "rewarded" or "punished" for achieving economic results like those of us in the private sector. Their benefits are arbitrarily set regardless of economic reality. Upon objective observation they really are no different then the communist of the USSR. They are in fact a "communist culture" within a free nation. Without natural economic "feedback loops" they've built up government, deficits, and debt, and are essentially killing us. ...and they piss me off.  |
|
|
|
Posted: 1/28/2013 6:59:36 PM EST
[#11]
^ ^ ^
And to pile it on, the World of Islam wants us all dead, while China sticks to their long-term growth plan. |
|
|
|
Posted: 1/29/2013 8:22:23 PM EST
[#12]
Admits to doping...FOR YEARS!!!!!!!
|
|
|
|
Posted: 1/30/2013 7:49:37 AM EST
[#13]
http://www.zerohedge.com/news/2013-01-30/shrinkage-us-economy-declined-01-q4
Shrinkage: US Economy Declined By -0.1% In Q4 A stunner out of the BEA which just reported a Q4 GDP of -0.1% that was leaps and bounds below the 1.1% estimate, and a plunge from Q3's 3.1%. The factors: Private Inventories, Exports and Government Expenditures all of which contracted, by -1.27%, -0.81%, and -1.33%. The silver lining was in Personal Consumption Expenditures which added 1.52% to the negative print, most of it however driven by a surge in spending ahead of the fiscal cliff. 
In before the revisions make it worse? |
|
|
|
Posted: 1/30/2013 7:52:55 AM EST
[#14]
Quoted:
http://www.zerohedge.com/news/2013-01-30/shrinkage-us-economy-declined-01-q4 Shrinkage: US Economy Declined By -0.1% In Q4 A stunner out of the BEA which just reported a Q4 GDP of -0.1% that was leaps and bounds below the 1.1% estimate, and a plunge from Q3's 3.1%. The factors: Private Inventories, Exports and Government Expenditures all of which contracted, by -1.27%, -0.81%, and -1.33%. The silver lining was in Personal Consumption Expenditures which added 1.52% to the negative print, most of it however driven by a surge in spending ahead of the fiscal cliff. http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/01/Q4%20GDP%20-0.1.jpg In before the revisions make it worse? LOL And that is after the numbers are adjusted with the bogus inflation numbers. It is much worse than that in reality. |
|
|
|
Posted: 1/30/2013 8:32:57 AM EST
[#15]
Quoted: This might be the reality check that will pop these Bubbles; wait, I forgot, the FED/Treasury will replenish any Losses...FOREVER!Quoted: http://www.zerohedge.com/news/2013-01-30/shrinkage-us-economy-declined-01-q4 Shrinkage: US Economy Declined By -0.1% In Q4 A stunner out of the BEA which just reported a Q4 GDP of -0.1% that was leaps and bounds below the 1.1% estimate, and a plunge from Q3's 3.1%. The factors: Private Inventories, Exports and Government Expenditures all of which contracted, by -1.27%, -0.81%, and -1.33%. The silver lining was in Personal Consumption Expenditures which added 1.52% to the negative print, most of it however driven by a surge in spending ahead of the fiscal cliff. http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/01/Q4%20GDP%20-0.1.jpg In before the revisions make it worse? LOL And that is after the numbers are adjusted with the bogus inflation numbers. It is much worse than that in reality.  When someone says the Political Pimps are 'Smarter' than US, point out their Ivy League Degree taught them to Print/Borrow money for negative Growth. High-Treason-I just can't believe they are this Incompetent; maybe if they grew up in Zimbabwe, but not growing up in America. When will WE the People start calling them out? F'in Wealth, Country, American Dream destroying Pimps  |
|
|
|
Posted: 1/30/2013 11:35:52 AM EST
[#16]
Ironically enough,
the Zimbabwean government just yesterday said that, after making payroll deposits, the entire country has a combined treasury of about $200. Yes, the equivalent of two hundred US dollars. http://www.mirror.co.uk/news/weird-news/zimbabwe-has-just-138-left-in-the-bank-1563751 That is how you print your way out of debt and into financial prosperity! Thankfully, it could never happen here.
|
|
|
|
Posted: 1/30/2013 12:27:15 PM EST
[#17]
For information only.
|
|
|
|
Posted: 1/30/2013 1:19:13 PM EST
[#18]
He's mostly correct IMO.
He and his suckers, er, dopers, uh, folks, who move to his Libertarian Utopia are gonna be 'food' on the hoof for the natives down there. While they're stoned doing the green plants in their pockets. Hahaha! |
|
|
|
Posted: 1/30/2013 1:24:09 PM EST
[#19]
Haven't posted in a while but still paying attention. Figured I'd post to celebrate our first .gov books negative GDP number.
Bernanke is scratching his head, blaming the weather. |
|
|
|
Posted: 1/30/2013 1:42:01 PM EST
[#20]
Quoted: Actually, he thinks he hasn't done enough...Haven't posted in a while but still paying attention. Figured I'd post to celebrate our first .gov books negative GDP number. Bernanke is scratching his head, blaming the weather. KEEP PUMPING 'Forward!!!' |
|
|
|
Posted: 1/30/2013 2:04:24 PM EST
[#21]
Ironically, I DO believe the stock market makes new highs. But if I'm wrong, watch out for the long-term triple top on the S&P 500, it could get real ugly real fast. It is unreal that the Fed is just "making" $85 Billion per month, that's more monopoly money then Parker Brothers has printed in the entire history of the game. I can't believe "currency debasement" was even considered, much actually being done. The whole economy is hopped up on stimulus, and that's not even working anymore. The low-pressure system is a hurricane, the government is the central eye, and is growing like mad. Welcome to "collectivism". America will be fundamentally changed... Yes Jeff's spot on. I to think we have a few more years before the total collapse, in fact that's been the ONE thing I have consistently disagreed with Peter Schiff on....timing. He his time-frame is to short. The Republic has died, The "west" is on its deathbed, the financial market has become less free for years. This is the final stage. |
|
|
|
Posted: 1/30/2013 3:06:58 PM EST
[#22]
It's impossible to guess the time frame, but people expect a guess from the knowledgeable talking heads due to the investments and wealth held by some listeners. I know I would tread awful light if I were in any of their positions.
We are in a new but familiar place in time writing a whole new page in a very important part of future history. We won't know the time frame until we are experiencing it. It's certainly been fascinating up to this point. The whole ride will be fascinating and terrifying, all at the same time. |
|
|
|
Posted: 1/31/2013 8:51:50 AM EST
[#23]
Bill Gross: "Credit Supernova!" snip... ETA...credit outstanding in the U.S. totaled $3 trillion.† Today, at $56 trillion and counting, it is a monster that requires perpetually increasing amounts of fuel, a supernova star that expands and expands, yet, in the process begins to consume itself. Each additional dollar of credit seems to create less and less heat. In the 1980s, it took four dollars of new credit to generate $1 of real GDP. Over the last decade, it has taken $10, and since 2006, $20 to produce the same result. Minsky’s Ponzi finance at the 2013 stage goes more and more to creditors and market speculators and less and less to the real economy. This "Credit New Normal” is entropic much like the physical universe and the "heat” or real growth that new credit now generates becomes less and less each year: 2% real growth now instead of an historical 3.5% over the past 50 years; likely even less as the future unfolds. ...If so then the legitimate question is: how much time does money/credit have left and what are the investment consequences between now and then? Well, first I will admit that my supernova metaphor is more instructive than literal. The end of the global monetary system is not nigh. But the entropic characterization is most illustrative. Credit is now funneled increasingly into market speculation as opposed to productive innovation. Asset price appreciation as opposed to simple yield or "carry” is now critical to maintain the system’s momentum and longevity. Investment banking, which only a decade ago promoted small business development and transition to public markets, now is dominated by leveraged speculation and the Ponzi finance Minsky once warned against. So our credit-based financial markets and the economy it supports are levered, fragile and increasingly entropic – it is running out of energy and time. When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets. ...We may be running out of time, but time will always be money. Speed Read for Credit Supernova 1) Why is our credit market running out of heat or fuel? a) As it expands at a rate of trillions per year, real growth in the economy has failed to respond. More credit goes to pay interest than future investment. b) Zero-based interest rates, which are the result of QE and credit creation, have negative as well as positive effects. Historic business models may be negatively affected and investment spending may be dampened. c) Look to the Japanese historical example. 2) What options should an investor consider? a) Seek inflation protection in credit market assets/ shorten durations. b) Increase real assets/commodities/stable cash flow equities at the margin. c) Accept lower future returns in portfolio planning. William H. Gross Managing Director An interesting warning... ..."(5) Be cognizant of property rights and confiscatory policies in all governments." ETA #2 Markets Will Punish Central Banks: Marc Faber |
|
|
|
Posted: 1/31/2013 7:11:07 PM EST
[#24]
Quoted: Bill Gross: "Credit Supernova!" snip... ETA...credit outstanding in the U.S. totaled $3 trillion.† Today, at $56 trillion and counting, it is a monster that requires perpetually increasing amounts of fuel, a supernova star that expands and expands, yet, in the process begins to consume itself. Each additional dollar of credit seems to create less and less heat. In the 1980s, it took four dollars of new credit to generate $1 of real GDP. Over the last decade, it has taken $10, and since 2006, $20 to produce the same result. Minsky’s Ponzi finance at the 2013 stage goes more and more to creditors and market speculators and less and less to the real economy. This "Credit New Normal” is entropic much like the physical universe and the "heat” or real growth that new credit now generates becomes less and less each year: 2% real growth now instead of an historical 3.5% over the past 50 years; likely even less as the future unfolds. ...If so then the legitimate question is: how much time does money/credit have left and what are the investment consequences between now and then? Well, first I will admit that my supernova metaphor is more instructive than literal. The end of the global monetary system is not nigh. But the entropic characterization is most illustrative. Credit is now funneled increasingly into market speculation as opposed to productive innovation. Asset price appreciation as opposed to simple yield or "carry” is now critical to maintain the system’s momentum and longevity. Investment banking, which only a decade ago promoted small business development and transition to public markets, now is dominated by leveraged speculation and the Ponzi finance Minsky once warned against. So our credit-based financial markets and the economy it supports are levered, fragile and increasingly entropic – it is running out of energy and time. When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets. ...We may be running out of time, but time will always be money. Speed Read for Credit Supernova 1) Why is our credit market running out of heat or fuel? a) As it expands at a rate of trillions per year, real growth in the economy has failed to respond. More credit goes to pay interest than future investment. b) Zero-based interest rates, which are the result of QE and credit creation, have negative as well as positive effects. Historic business models may be negatively affected and investment spending may be dampened. c) Look to the Japanese historical example. 2) What options should an investor consider? a) Seek inflation protection in credit market assets/ shorten durations. b) Increase real assets/commodities/stable cash flow equities at the margin. c) Accept lower future returns in portfolio planning. William H. Gross Managing Director An interesting warning... ..."(5) Be cognizant of property rights and confiscatory policies in all governments." ETA #2 Markets Will Punish Central Banks: Marc Faber What really bothers me, more then currency debasement, is the fact that the banks and Federal Reserve are getting to buy property liens (mortgages) with counterfeit dollars. To the tune of trillions of dollars. It seems like the perfect crime. "...money for nothing, and the chicks are free...." |
|
|
|
Posted: 1/31/2013 7:14:32 PM EST
[#25]
^ ^ ^
They'll say the counterfeit money was used to make their payroll with - real money was used o buy the mortgages - so, nuttin' to see here. |
|
|
|
Posted: 1/31/2013 8:34:05 PM EST
[#26]
So we know the whole federal reserve/treasury is a big ponzi scheme. My question is this: if they are buying up mortgages and/or making payroll with 'counterfeit' dollars, who is going to be left holding the bag when the ponzi scheme falls apart - as they all do?
|
|
|
|
Posted: 1/31/2013 9:15:58 PM EST
[#27]
Quoted: So we know the whole federal reserve/treasury is a big ponzi scheme. My question is this: if they are buying up mortgages and/or making payroll with 'counterfeit' dollars, who is going to be left holding the bag when the ponzi scheme falls apart - as they all do? Pray for the Free-Market to drive up interest rates, and force the Traitors to stop the Fraud, Manipulation, Money-Laundering, etc. WE will all definitely 'hurt' from this, but the alternative will be much worse, in my opinion. WE will never demand charges of Treason because WE have fallen for their Smoke & Mirrors/Divide & Conquer games...Technically, the Mafia was charged with felonies, and these elected 'leaders' find themselves calling everything a 'Crisis'; Fraud = Fraud; Embezzlement; Intimidation... Steps for success: 1) Pass a Budget 2) Raise Interest Rates 3) Break up these 'Chosen' Banks before they collapse 4) Prepare for Controlled Bankruptcies...to save as much of Pensions, 401ks as possible 5) All entitlements need to be cut...FSA's 'early retirement' ends 6) Social Security needs to be revamped...Age increases leading to its eventual end 7) Medicare/Medicaid/Obamacare needs to suspended for those able bodied 'Victims' leading to their eventual end 8) Cut Federal Taxes significantly 9) Shrink all Federal Bureaucracies/Departments of... 10) The only 'New' investments any elected official can hold while serving are T-Bills/Bonds That's how I'd start off, and then get into the details after the shock |
|
|
|
Posted: 1/31/2013 9:20:58 PM EST
[#28]
Quoted: What really bothers me, more then currency debasement, is the fact that the banks and Federal Reserve are getting to buy property liens (mortgages) with counterfeit dollars. To the tune of trillions of dollars. It seems like the perfect crime. "...money for nothing, and the chicks are free...." Fraud... WE do it = Felony Our Pimps = Suspend Free-Markets to Save Free-Markets...Heroes 'Shut- up, Do as I say, Not as I do...Chump' |
|
|
|
Posted: 1/31/2013 9:23:46 PM EST
[#29]
Quoted: Quoted: So we know the whole federal reserve/treasury is a big ponzi scheme. My question is this: if they are buying up mortgages and/or making payroll with 'counterfeit' dollars, who is going to be left holding the bag when the ponzi scheme falls apart - as they all do? Pray for the Free-Market to drive up interest rates, and force the Traitors to stop the Fraud, Manipulation, Money-Laundering, etc. WE will all definitely 'hurt' from this, but the alternative will be much worse, in my opinion. WE will never demand charges of Treason because WE have fallen for their Smoke & Mirrors/Divide & Conquer games...Technically, the Mafia was charged with felonies, and these elected 'leaders' find themselves calling everything a 'Crisis'; Fraud = Fraud; Embezzlement; Intimidation... Steps for success: 1) Pass a balance Budget 2) Raise allow the market to set Interest Rates 3) Break allow maket forces to break up these 'Chosen' Banks before they and let the bad ones collapse 4) Prepare but let the market deal with for Controlled Bankruptcies...to save as much of Pensions, 401ks as possible 5) All entitlements need to be cut...FSA's 'early retirement' ends 6) Social Security needs to end needs to be revamped...Age increases leading to its eventual end 7) Medicare/Medicaid/Obamacare needs to suspended for those able bodied 'Victims' leading to their eventual end 8) Cut Federal Taxes significantly 9) Shrink all Federal Bureaucracies/Departments of... 10) The only 'New' investments any elected official can hold while serving are T-Bills/Bonds That's how I'd start off, and then get into the details after the shock FIFY The Federal Government should protect individuals natural right to life, freedom, and pursuit of happiness as long as their exercise of those rights do not infringe on others to do the same. Protect this natural right against tyranny foreign or domestic. That's it. FREEDOM WORKS! |
|
|
|
Posted: 2/1/2013 12:46:08 AM EST
[#30]
In stead of saving it, I think I woud prefer the entire thing to collapse so bad, the US govt loses power and dissolves. It is so corrupt, it seems like it woud be worth it.
|
|
|
|
Posted: 2/1/2013 1:13:55 AM EST
[#31]
THAT ^^^ ain't in THEIR plans.
Any collapse will be used to consolidate their power. At ANY cost.
'Dollars' mean NOTHING to them in the context of gaining essentially complete control of the USA.
Once that happens, the 'fun' begins. 
|
|
|
|
Posted: 2/1/2013 1:32:57 AM EST
[#32]
Quoted:
Quoted:
Quoted:
So we know the whole federal reserve/treasury is a big ponzi scheme. My question is this: if they are buying up mortgages and/or making payroll with 'counterfeit' dollars, who is going to be left holding the bag when the ponzi scheme falls apart - as they all do? Pray for the Free-Market to drive up interest rates, and force the Traitors to stop the Fraud, Manipulation, Money-Laundering, etc. WE will all definitely 'hurt' from this, but the alternative will be much worse, in my opinion. WE will never demand charges of Treason because WE have fallen for their Smoke & Mirrors/Divide & Conquer games...Technically, the Mafia was charged with felonies, and these elected 'leaders' find themselves calling everything a 'Crisis'; Fraud = Fraud; Embezzlement; Intimidation...
Steps for success: 1) Pass a balance Budget 2) Raise allow the market to set Interest Rates 3) Break allow maket forces to break up these 'Chosen' Banks before they and let the bad ones collapse 4) Prepare but let the market deal with for Controlled Bankruptcies...to save as much of Pensions, 401ks as possible 5) All entitlements need to be cut...FSA's 'early retirement' ends 6) Social Security needs to end needs to be revamped...Age increases leading to its eventual end 7) Medicare/Medicaid/Obamacare needs to suspended for those able bodied 'Victims' leading to their eventual end 8) Cut Federal Taxes significantly 9) Shrink all Federal Bureaucracies/Departments of... 10) The only 'New' investments any elected official can hold while serving are T-Bills/Bonds That's how I'd start off, and then get into the details after the shock
FIFY The Federal Government should protect individuals natural right to life, freedom, and pursuit of happiness as long as their exercise of those rights do not infringe on others to do the same. Protect this natural right against tyranny foreign or domestic. That's it. FREEDOM WORKS! They ain't gonna do any of them thar thangs. Wishful thinking DON'T work.
To them, their Power and Control is the name of the tune. At ANY cost.
|
|
|
|
Posted: 2/1/2013 5:42:23 AM EST
[#33]
For a little breath of fresh air:
In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year. Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS. The IRS's assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan. http://cnsnews.com/news/article/irs-cheapest-obamacare-plan-will-be-20000-family |
|
|
|
Posted: 2/1/2013 5:43:37 AM EST
[#34]
Quoted:
Quoted:
Quoted:
Quoted:
So we know the whole federal reserve/treasury is a big ponzi scheme. My question is this: if they are buying up mortgages and/or making payroll with 'counterfeit' dollars, who is going to be left holding the bag when the ponzi scheme falls apart - as they all do? Pray for the Free-Market to drive up interest rates, and force the Traitors to stop the Fraud, Manipulation, Money-Laundering, etc. WE will all definitely 'hurt' from this, but the alternative will be much worse, in my opinion. WE will never demand charges of Treason because WE have fallen for their Smoke & Mirrors/Divide & Conquer games...Technically, the Mafia was charged with felonies, and these elected 'leaders' find themselves calling everything a 'Crisis'; Fraud = Fraud; Embezzlement; Intimidation...
Steps for success: 1) Pass a balance Budget 2) Raise allow the market to set Interest Rates 3) Break allow maket forces to break up these 'Chosen' Banks before they and let the bad ones collapse 4) Prepare but let the market deal with for Controlled Bankruptcies...to save as much of Pensions, 401ks as possible 5) All entitlements need to be cut...FSA's 'early retirement' ends 6) Social Security needs to end needs to be revamped...Age increases leading to its eventual end 7) Medicare/Medicaid/Obamacare needs to suspended for those able bodied 'Victims' leading to their eventual end 8) Cut Federal Taxes significantly 9) Shrink all Federal Bureaucracies/Departments of... 10) The only 'New' investments any elected official can hold while serving are T-Bills/Bonds That's how I'd start off, and then get into the details after the shock
FIFY The Federal Government should protect individuals natural right to life, freedom, and pursuit of happiness as long as their exercise of those rights do not infringe on others to do the same. Protect this natural right against tyranny foreign or domestic. That's it. FREEDOM WORKS! They ain't gonna do any of them thar thangs. Wishful thinking DON'T work.
To them, their Power and Control is the name of the tune. At ANY cost.
Love him or hate him, Glenn Beck spent an hour going over Ruby Ridge and Waco to talk about that very thing. I knew RR was a messed up situation, but I either never knew or had forgotten that the whole thing was over 1/4" on a shotgun barrel. ONE QUARTER OF A FUCKING INCH, AND THEY USED THAT AS AN EXCUSE TO SHOOT HIM, KILL HIS SON AND HIS WIFE. Make no mistake gentlemen - if the fedgov decides to brand you as the crazy separatist, they WILL shoot you. |
|
|
|
Posted: 2/1/2013 6:45:59 AM EST
[#35]
Just 11,554 views ... and the band plays on ... |
|
|
|
Posted: 2/1/2013 8:38:08 AM EST
[#36]
How The Stock Market Became The "Food Stamps" for the 1%
snip... ... What’s worse, it became obvious that the very small 0.01% of the population that I call oligarchs (financial and political), who are actively gaming the system for their own pleasure, are well aware of the system’s terminal nature. That’s why they are rapidly putting in place the police state grid. ...Food stamps, disability and all sorts of other freebies take care of this segment of the population as the oligarchs continue on with their crimes and prepare for the day of reckoning (hence the surveillance grid). ...The idea is that a higher market will improve the balance sheets of pensions, individual retirement accounts and also create a psychological impact that will make people feel confident and thus boost the economy...The latter did not happen. ...As I have repeatedly stated, the oligarchs are using the current period in between financial panics to put in place the surveillance grid they plan to use on the population once the SHTF. It is of extreme importance that the masses stay apathetic and obedient in the process. Hence food stamps for the poor and the stock market for the 1%. ...So as the 1% sits around analyzing a casino, the poor collect food stamps and the middle class dies. Many in the 1% look upon the poor on food stamps with disdain, yet little do they realize they are on food stamps as well. It’s called the stock market. I found this interesting, and think the writer might be a member |
|
|
|
Posted: 2/1/2013 9:10:04 AM EST
[#37]
Quoted:
How The Stock Market Became The "Food Stamps" for the 1% snip...
... What’s worse, it became obvious that the very small 0.01% of the population that I call oligarchs (financial and political), who are actively gaming the system for their own pleasure, are well aware of the system’s terminal nature. That’s why they are rapidly putting in place the police state grid. ...Food stamps, disability and all sorts of other freebies take care of this segment of the population as the oligarchs continue on with their crimes and prepare for the day of reckoning (hence the surveillance grid). ...The idea is that a higher market will improve the balance sheets of pensions, individual retirement accounts and also create a psychological impact that will make people feel confident and thus boost the economy...The latter did not happen. ...As I have repeatedly stated, the oligarchs are using the current period in between financial panics to put in place the surveillance grid they plan to use on the population once the SHTF. It is of extreme importance that the masses stay apathetic and obedient in the process. Hence food stamps for the poor and the stock market for the 1%. ...So as the 1% sits around analyzing a casino, the poor collect food stamps and the middle class dies. Many in the 1% look upon the poor on food stamps with disdain, yet little do they realize they are on food stamps as well. It’s called the stock market. I found this interesting, and think the writer might be a member
It's brilliant. |
|
|
|
Posted: 2/1/2013 10:14:04 AM EST
[#38]
Quoted: It's brilliant. ...as the DOW hits 14,000 |
|
|
|
Posted: 2/1/2013 1:59:35 PM EST
[#39]
Quoted:
Quoted:
How The Stock Market Became The "Food Stamps" for the 1% snip...
... What’s worse, it became obvious that the very small 0.01% of the population that I call oligarchs (financial and political), who are actively gaming the system for their own pleasure, are well aware of the system’s terminal nature. That’s why they are rapidly putting in place the police state grid. ...Food stamps, disability and all sorts of other freebies take care of this segment of the population as the oligarchs continue on with their crimes and prepare for the day of reckoning (hence the surveillance grid). ...The idea is that a higher market will improve the balance sheets of pensions, individual retirement accounts and also create a psychological impact that will make people feel confident and thus boost the economy...The latter did not happen. ...As I have repeatedly stated, the oligarchs are using the current period in between financial panics to put in place the surveillance grid they plan to use on the population once the SHTF. It is of extreme importance that the masses stay apathetic and obedient in the process. Hence food stamps for the poor and the stock market for the 1%. ...So as the 1% sits around analyzing a casino, the poor collect food stamps and the middle class dies. Many in the 1% look upon the poor on food stamps with disdain, yet little do they realize they are on food stamps as well. It’s called the stock market. I found this interesting, and think the writer might be a member
It's brilliant. Well, duh... 
|
|
|
|
Posted: 2/1/2013 4:15:23 PM EST
[#40]
The Left's latest Propaganda Tool Weapon of Mass Destruction of mental facilities, to Brainwash the Sheeple!!!!
"If that 55-inch TV set you bought last year suddenly doesn’t measure up to your game-day fantasies, consider this Super Bowl-size alternative: A 152-inch one, yours for a cool half-million."
[Considering the TV has been the most powerful device any Totalitarian State could EVER hope to have to control their addicted idiot masses and communicate with their Useful Idjits]
YAY, who's got the hots to get one????? Brainwash the whole block all at once! "Obviously, most couch potatoes aren’t prepared to shell out all their retirement savings for a new TV — and Panasonic readily asserts they needn’t do so." 
WANNA BET???????? [Besides, how many addicted Sheeple have $500k? But they WILL likely be falling all over themselves to try to take out a second loan on their house and maybe rob a gas station or two]
http://www.marketwatch.com/story/the-half-million-dollar-tv-2013-02-01 
That would make a hell of a garage door... Maybe I'll snap one up, the Joneses will NEVER catch me after this! 
|
|
|
|
Posted: 2/1/2013 7:32:48 PM EST
[#41]
It's not the "Left" that's driving the mega-catastrophe confronting us. |
|
|
|
Posted: 2/1/2013 7:51:30 PM EST
[#42]
This is a short video in English, with Spanish subtitles.
It poses a powerful question that each of us must answer. |
|
|
|
Posted: 2/2/2013 9:12:11 AM EST
[#43]
powerful stuff... the truth is far too uncomfortable for most to acknowledge...
and the Super Bowl is on this weekend
|
|
|
|
Posted: 2/2/2013 10:30:17 AM EST
[#44]
I'm not sure what's more scary - the answers... or the fact that CNBC is actually putting these guys on air - and leading with two rather contrarian viewpoints.
i know that we love to talk about these things on television. at the end of the day -- that's why we're other. what's the difference? i don't think it's necessarily a reflection of an economy that's also gaining momentum. i think that the economy is more moving sideways at this point than anything. there are other underlying reasons for the equity market to perform as well as it has and part that have is, of course, central bank policy
the economics of this is we're moving sideways, not gaining much momentum at this point. that's what we're seeing, a choppy situation when it comes to the actual fundamentals and it's really about the federal reserve and why so much money is moving into the market.
well, first of all, you know, it's only sustainable this, 14,000 because it is an illusion. it's not real. we're measuring the dow with inflated paper dollars. when the dow hit 14,000 back in 2007, gold was $700 an ounce, so measured in terms of real money, the dow would have to double to get back to where it was in '07, but as far as the bond bubble, it is going to burst. maybe it's already burst...
Video link (with transcript) |
|
|
|
Posted: 2/2/2013 10:41:45 AM EST
[#45]
Quoted: This is a short video in English, with Spanish subtitles. It poses a powerful question that each of us must answer. Indeed. |
|
|
|
Posted: 2/2/2013 8:27:22 PM EST
[#46]
Bah humbug.
What I'm seeing is the Dow kicking above 14,000 and the typical cheerleaders clamoring for more dupes to join in the bull market. I see folks who are noted for their past achievements and investing acumen totally puzzled by the "lack of fundamentals" yet the market continues to climb. Is it really that hard to figure out? I claim the answer is a resounding, "no". Here's a few points to consider: As we know, the level of "excess reserves" the large banks have on deposit with the Federal Reserve went from 1.8 billion in January of 2008 to 1.08 TRILLION in January of 2010 to 1.4 TRILLION in January 2013. What are these "excess reserves" and why would banks deposit them with the Fed? Well, they can consist of cash, Treasuries, or anything else that the banks and the Fed agree has value. They "deposit" them with the Fed because the Fed pays interest on them (supposedly only .25% but that is not necessarily an accurate number). So, that yields roughly 3.5 billion per year for doing nothing. Furthermore, these same excess reserves can be used as collateral to borrow money from the Fed discount window at 0% to do with whatever the hell they feel like. We also know that the Fed is buying 45 billion <per month> in Treasuries from the banks (who bought them from the Treasury using monies borrowed from the Fed at 0%). They will typically sell these to the Fed at a profit, sometimes as much as .5%, or 6% per year (or roughly 32 billion per year in profit for nothing). Since the Fed is conjuring this $45 bills per month out of ether, that money then goes directly to banks who then use it to gamble in the stock market. It is therefore small wonder that the market continues to climb in defiance of all logic. (There is also the 401K continual input but numbers for that are harder to come by.) See this and this In addition, the banks are "selling" mortgage-backed securities to the Fed to the tune of $40 large per month. Keep in mind that these securities are backed by mortgage pools that are heavily impaired by delinquent loans, bad title transfers, HELOCs and 2nd mortgages, NINJA/Alt-A loans, and others. Ordinarily, these securities, if forced to be marked to an actual market value, might be worth 40-50 cents on the dollar or less. (Keep in mind that Fannie and Freddie just recently won some put-backs to the banks for crap loans. Care to guess where these will end up with Uncle Sugar buying $40 billion a month?) As it is, these banks can and are selling these securities to the Fed at full par. So, as they decrease their pool of bad debt (by transferring it to the public balance sheet), they have two bennies: one, the direct infusion of cash and two, reduction in their loan-loss reserve requirements and bad-debt write-downs - a win-win for the banks and a lose-lose for the rest of us. So, these $40 billion per month have to go somewhere don't they? How 'bout them commodities, eh? And, our favorite HFTs. And it allows them to continue their risky derivative gambling like the $399 billion in credit risk from derivatives or the $227 trillion in total, 80% of which are, guess what, interest rate derivatives - meaning, that if interest rates rise even .5%, enough of these will trigger to implode the top 5 banks. See here There is no exit strategy for the Fed because there can't be. Once the monetary crack cocaine stops flowing via 10ft. mains, the system that has been levitating the stock market collapses. Further, only thru these massive wealth-transfer schemes have the major banks been kept from collapse. The Fed's balance sheet keeps growing and growing because it has to. Furthermore, they can't "sell" their portfolio because there are no buyers (and, in the case of the MBSs, it's impossible for them to get out what they paid for them and the Treasury can't take the loss. So, they can NEVER sell them, which, is the same as being worthless.) If they stop artificially containing interest rates, the top 5 banks implode simultaneously and the Federal Government goes broke instantly. This is the problem with Ponzi schemes and moral hazard. Once they start, it's difficult to stop, and, if they go on for very long, they become systemic and totally supplant the original market. This is where we're at now. The market has been supplanted by smoke and mirrors.
|
|
|
|
Posted: 2/2/2013 8:58:15 PM EST
[#47]
Quoted: Bah humbug. <snip> This is the problem with Ponzi schemes and moral hazard. Once they start, it's difficult to stop, and, if they go on for very long, they become systemic and totally supplant the original market. This is where we're at now. The market has been supplanted by smoke and mirrors. This will not end well. The financial markets are like an athlete hopped up on steroids and pain killers. They need more, and more to keep going, but the effect is less and less. The stock market will rally here. But its going to be tough to play. The "mom and pop" average investors that is just now being sucked into the low pressure front of this financial hurricane will not be nibble enough to get out of its way. As always they jump on the roller coaster just before it crests the hill. Sad really...this will be the third major hill they've jumped on in the last 10 years. ...and it will be the one that jumps the rails. The rules of thermodynamics apply to everything. You can't get something from nothing. This will return to the mean. |
|
|
|
Posted: 2/2/2013 9:06:45 PM EST
[#48]
So...when all this collapsing happens I feel confident there will be a few scuffles and some hurt feelings reports filed in this country - probably worse but I am hoping for the best.
Where is this going to leave the rest of the world? Are our creditors going to call their loans and when we can't pay come and try to take whatever collateral we might have? Will we have external aggression to go along with our internal strife? |
|
|
|
Posted: 2/2/2013 9:21:50 PM EST
[#49]
Quoted: So...when all this collapsing happens I feel confident there will be a few scuffles and some hurt feelings reports filed in this country - probably worse but I am hoping for the best. Where is this going to leave the rest of the world? Are our creditors going to call their loans and when we can't pay come and try to take whatever collateral we might have? Will we have external aggression to go along with our internal strife? No silly, nothing like that. Your government will pay them in freshly printed dollars. Which they'll just use to start buying up real assets. Maybe buy farmland, oil resources, or cool parks....around the world, and in your home state. Certainly buy up natural resources on the global market. Driving up prices everywhere. They'll buy up the means of production. Your children will be their slaves. There will be no foreclosure, except on your way of life. It will destroy you and your childrens standard of living. ...that's all. |
|
|
|
Posted: 2/2/2013 9:23:17 PM EST
[#50]
"Will we have external aggression to go along with our internal strife?"
Doubt it, they will work together to defeat us and fight over the spoils much later. The objective at this point is to get this wrapped up this election cycle, IMO. Prolly much disinfo and many complex distractions. As we are seeing in New Yuk. We're not likely to figger it out since commo will likely be compromised. The MSM will have to be relied on for 'news'. 
Hollywood scum will entertain us with reassurances.
Most of this is certain to be already baked in their cake.
Of course, this is all old news for anyone paying attention. |
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
