As I have pointed out before, there is not a single evidence for manmade global warming causing any sort of problem; in fact there isn’t even evidence for the existence of manmade global warming. We can only assume that man has some slim miniscule impact, but the fact is we don’t know. On the contrary, all the scientific evidence and all real reports seem to suggest the opposite of what the environmentalists are saying.
And my £100 to anyone that produces a single evidence for what the alarmists are saying still stands. Would love to see any of you idiots try to get that money.
So it is with a degree of satisfaction I have noticed that more and more people are waking up and smelling this, the biggest scam of all time. For instance in Copenhagen an alternative climate-meeting is going to be held at the same time as the elitists, tricksters and fraudulent liars have theirs.
This is really a check of intellect that beats any Mensa-test. Anyone that believes in this obvious scam is an idiot, plain and simple. Are you an idiot?
Monday, September 21, 2009
GDP once and for all
For you, the people, to really know what’s what and for you to see through the lies it is necessary to know what GDP really is, how it is measured and why it’s so important for our enemies to deliver positive numbers. GDP is all about blowing a handful of pixie-dust in our eyes to keep us looking at something irrelevant in order to keep something that is important out of the limelight. But even worse than that, this trickery can make us poorer over time.
Let’s start by looking at how GDP is normally calculated.
GDP = private consumption + gross investment + government spending + (exports − imports), or,
GDP = C + I + G + (X − M)
I want you all to take notice on a couple of things in this equation. Firstly exports VS imports or X-M. In the world of basic math this part means that if exports grow in relation to imports GDP increases. If imports grow, GDP goes down. The same happens if either goes down in relation to the other. Okay? With me? This is very basic math that you should be able to figure this out at middle school – which, of course, means that economist, Finance Mentalists, journalists and some other idiots cannot manage it.
What the equation also tells us is that if Government spends more, GDP goes up. You probably get this, but what you really need to know is that it has no real meaning what they spend money on. It can be daycare, roads or flowers, it does not matter. According to GDP calculation it is beneficiary to have people dig holes in ground, fill them up again, and do this over and over. In fact, this is what government often does, not directly, that would be too obvious, but through other schemes like “investigations” or useless government programs to hide unemployment. An investigation takes manpower, costs money and often leads to conclusions a monkey could tell us beforehand. Anything being done to cover up people’s lack of jobs also cost money. Actually it may cost more, in essence contribute more to GDP, then if people in fact had productive jobs.
The same goes for private consumption. The more we shop ‘till we drop, the higher GDP. In the eyes of Keynesians and our enemies it means that the more stuff you buy, the better. This private consumption is not really subjected to any scrutiny other than the notion of spending. If you borrow, use your credit-card or (hardly ever) work to get that money to spend it, is irrelevant, what matters is GDP. Sometimes you can hear one or two voices claiming that savings are to low or that there is a difference in what we actually consume, but those are very few and not nearly as interesting for the media to quote.
All this mentioned is why they are keeping interest rates at zero, throws cheap newly printed money into the system and encourage you to take loans. This is also the main reason why the regime, any of them, continues to bail-out banks, because without getting you and themselves into debt, the system does not really work. The entire structure is built around and dependent on debt. Journalists, pundits, cornflake economists and teachers have either fallen for this swindle or are in cahoots with the elitists.
It is not bad to be in debt, you might claim, and correctly so, but then only if this debt is based on actual value or income. What is bad is when you use loans to buy stuff, in particular when you buy stuff you already have or don’t need and this on the assumption of income or value.
Once and for all: Consumption does NOT CREATE wealth!
What creates value is our productivity, or rather that we actually produce things. If we take something from nature, transform it, mold it, paint it, and make it into something useful that creates value in form of electricity, saves us time or makes future production better, faster or cheaper, then we have created wealth.
Services can also contribute, but then only to enhance our wellbeing or to save time.
And consumption needs to come out of this, not be the basic of the entire system.
Consumption is a good thing and it is our “reward” for being good at producing.
Consumption is not, however, what drives the economy as this GDP-madness and our enemies would like you to think.
With this entire structure in mind, what do massive amounts of stimulus; more debt (both personal and public) and a complete focus on consumption lead us? It leads to poverty and less options. The more indebt we are, the more government spends and the more we are focused on services and consumption, the less actual wealth is created even if GDP goes up. This is why GDP can be positive, but we can still get poorer. It’s all a trickery of the mind, its one big con and you have fallen for it.
This is also one of the reasons why I, and many others, could see this crisis many miles away. To anyone that understand that 1+1=2 and 2-1=1, this depression is not a surprise, its only the logical consequence of too much government, too much regulations and too much consumption on borrowed money. So this crisis cannot be over, it’s a mathematical and factual impossibility, in fact we are just in the beginning of it.
Any budget not tackling the real issue is a horrible budget.
Any politician that wants you to consume instead of produce is your enemy. Journalists and pundits that are lap-dogs to the rich and powerful should be strapped down and be worked-over with a rusty serrated bread knife.
We are being screwed by the elitists and the sooner you wake up, the sooner we can work ourselves out of this mess.
Let’s start by looking at how GDP is normally calculated.
GDP = private consumption + gross investment + government spending + (exports − imports), or,
GDP = C + I + G + (X − M)
I want you all to take notice on a couple of things in this equation. Firstly exports VS imports or X-M. In the world of basic math this part means that if exports grow in relation to imports GDP increases. If imports grow, GDP goes down. The same happens if either goes down in relation to the other. Okay? With me? This is very basic math that you should be able to figure this out at middle school – which, of course, means that economist, Finance Mentalists, journalists and some other idiots cannot manage it.
What the equation also tells us is that if Government spends more, GDP goes up. You probably get this, but what you really need to know is that it has no real meaning what they spend money on. It can be daycare, roads or flowers, it does not matter. According to GDP calculation it is beneficiary to have people dig holes in ground, fill them up again, and do this over and over. In fact, this is what government often does, not directly, that would be too obvious, but through other schemes like “investigations” or useless government programs to hide unemployment. An investigation takes manpower, costs money and often leads to conclusions a monkey could tell us beforehand. Anything being done to cover up people’s lack of jobs also cost money. Actually it may cost more, in essence contribute more to GDP, then if people in fact had productive jobs.
The same goes for private consumption. The more we shop ‘till we drop, the higher GDP. In the eyes of Keynesians and our enemies it means that the more stuff you buy, the better. This private consumption is not really subjected to any scrutiny other than the notion of spending. If you borrow, use your credit-card or (hardly ever) work to get that money to spend it, is irrelevant, what matters is GDP. Sometimes you can hear one or two voices claiming that savings are to low or that there is a difference in what we actually consume, but those are very few and not nearly as interesting for the media to quote.
All this mentioned is why they are keeping interest rates at zero, throws cheap newly printed money into the system and encourage you to take loans. This is also the main reason why the regime, any of them, continues to bail-out banks, because without getting you and themselves into debt, the system does not really work. The entire structure is built around and dependent on debt. Journalists, pundits, cornflake economists and teachers have either fallen for this swindle or are in cahoots with the elitists.
It is not bad to be in debt, you might claim, and correctly so, but then only if this debt is based on actual value or income. What is bad is when you use loans to buy stuff, in particular when you buy stuff you already have or don’t need and this on the assumption of income or value.
Once and for all: Consumption does NOT CREATE wealth!
What creates value is our productivity, or rather that we actually produce things. If we take something from nature, transform it, mold it, paint it, and make it into something useful that creates value in form of electricity, saves us time or makes future production better, faster or cheaper, then we have created wealth.
Services can also contribute, but then only to enhance our wellbeing or to save time.
And consumption needs to come out of this, not be the basic of the entire system.
Consumption is a good thing and it is our “reward” for being good at producing.
Consumption is not, however, what drives the economy as this GDP-madness and our enemies would like you to think.
With this entire structure in mind, what do massive amounts of stimulus; more debt (both personal and public) and a complete focus on consumption lead us? It leads to poverty and less options. The more indebt we are, the more government spends and the more we are focused on services and consumption, the less actual wealth is created even if GDP goes up. This is why GDP can be positive, but we can still get poorer. It’s all a trickery of the mind, its one big con and you have fallen for it.
This is also one of the reasons why I, and many others, could see this crisis many miles away. To anyone that understand that 1+1=2 and 2-1=1, this depression is not a surprise, its only the logical consequence of too much government, too much regulations and too much consumption on borrowed money. So this crisis cannot be over, it’s a mathematical and factual impossibility, in fact we are just in the beginning of it.
Any budget not tackling the real issue is a horrible budget.
Any politician that wants you to consume instead of produce is your enemy. Journalists and pundits that are lap-dogs to the rich and powerful should be strapped down and be worked-over with a rusty serrated bread knife.
We are being screwed by the elitists and the sooner you wake up, the sooner we can work ourselves out of this mess.
Sunday, September 20, 2009
The state of the Swedish economy
Today the Budget Bill for 2010 is put forward to the Swedish Parliament. Of course the opposition complains, as they should, it’s their job, and it is a horrible budget in many ways, but let’s be clear about a couple of facts.
- This crisis is by a very large extent an imported one. It started in other countries and a highly trade dependent country like Sweden feel the effects.
- Going into this depression, Sweden was better equipped than many other countries having paid of large sums of public debt, and having lowered some taxes comes to the labor-market.
- Had the leftie opposition ruled, things would look much worse, because they would not had paid of debt, they would not had lowered taxes and, most importantly, they would have squandered away much more on useless stimulus and bail-outs.
And the more negative:
- The Swedish government hasn’t done enough. They didn’t listen to us with active brain-cells and acted accordingly before the crisis begun. Taxation should be much lower, more publicly owned companies should have been sold off and more debt been paid.
- They are letting the deficit increase, from 38% to a predicted 45% of GDP, in true socialist manner, which in our situation is making things look very grim.
- The fascist laws regarding the internet is putting a lid on one potential growing potential within the economy
The Swedish economy, being dependent on exports, has been severely impacted by the sharp downturn in the global economy. It is estimated that Sweden’s GDP will fall by 5.2 per cent during 2009, which is the weakest growth performance in a single year since the Second World War. Unemployment is still going up, a great bubble has been created in the housing market, the stock market is overvalued and there are several very bad signs in the horizon. More crashes will emerge and when they do, Sweden will suffer severely.
To summarize, the Swedish government have done almost everything wrong, not according to what mainstream cornflake economists say and Keynes would have been pretty proud, but intelligent people that actually understand 4th grade math and recognize what’s what knows that this spells disaster. But however horrible, it could have been a lot worse had the lefties been in power. This is the only solitude there is; that there isn’t more statism.
Another thing we need to keep in mind is the central bank and its maddening interest rate and QE policies. However horrible the government is acting, the real culprit at the moment is the central bank. To quote the bill:
“The situation in the financial markets has stabilized, improving opportunities for households and businesses to obtain loans. This reduces the risk of further negative repercussions on the economy and public finances.”
THIS IS MADNESS! We shouldn’t have improved the possibility to borrow more money; we should do the complete opposite! The only thing such a scam does it to make people buy things they don’t need for money they shouldn’t have, and in doing so moving power and wealth from regular Joes to the already rich and powerful. THIS WILL MASSIVLLY INCREASE THE RISKS FOR NEGATIVE EFFECTS ON THE ECONOMY. Our total debt is already 150% of GDP, why would anyone want to build on this poverty-trap?
How can you be so gullible? Don’t borrow; don’t buy anything like housing, real-estate or even a new car. The world is about to plunge down an unprecedented abyss of financial despair, and when it does, all those with debt and no savings will suffer the most.
And this awful policy of Imperial indoctrination hatched from a swarm of political psychopaths motivated by personal greed and Pol Pot style enthusiasm for social engineering is what has, and will continue to virtually destroy our way of life. This will not change no matter who runs the government, which means Sweden is fucked no matter what.
The enemy class really think we're all just going follow and be good little sheople, and so far they have been right.
What this budget should contain is the following:
- SEK 300bn lower expenditure. A bit less than half to cover the deficit, and almost all the rest to lower taxation. SEK 30-40bn could be thrown at the infrastructure in order to build for the future. When that is done, sell or give away all the roads or whatever to the private sector.
- Delete all the fascist laws surrounding the internet
- Eliminate another thousands or so laws that are unnecessary and hinders in the way of private incentive
- Leave the European Union
But the most important thing to do right now is to make sure that the central bank increase interest rates to 4-5% and that they do not throw any more money at financial institutes. If we did this, it would lead to lower GDP then predicted and some bad assets and debt would be flushed out which would, temporarily, worsen our current situation. However, this would be a very short downturn. Within a year it would be over, and the worst economic disaster ever seen on this planet that is just around the corner would be tackled with ease compared to the rest of the world. So if they just had the balls to do what is right and all you people out there realized how deep in shit we really are, within 4-5 years Sweden would be the riches and best equipped country in the world.
Instead you idiots, the populace, will elect the lefties in the next election, happily borrow more for our impending doom, and let the enemy class throb 25 inches of pain up our rear-ends, so I keep coming back to the best advice you will ever get.
Buy dried-up food packages, tin-cans, candles, batteries, stock up on supplies like oil, gasoline and ammunition. Because even if I’m wrong, those things are good to have at home, and if I’m right, those things may save your life. Be prepared for the worst, and don’t hope for the best.
- This crisis is by a very large extent an imported one. It started in other countries and a highly trade dependent country like Sweden feel the effects.
- Going into this depression, Sweden was better equipped than many other countries having paid of large sums of public debt, and having lowered some taxes comes to the labor-market.
- Had the leftie opposition ruled, things would look much worse, because they would not had paid of debt, they would not had lowered taxes and, most importantly, they would have squandered away much more on useless stimulus and bail-outs.
And the more negative:
- The Swedish government hasn’t done enough. They didn’t listen to us with active brain-cells and acted accordingly before the crisis begun. Taxation should be much lower, more publicly owned companies should have been sold off and more debt been paid.
- They are letting the deficit increase, from 38% to a predicted 45% of GDP, in true socialist manner, which in our situation is making things look very grim.
- The fascist laws regarding the internet is putting a lid on one potential growing potential within the economy
The Swedish economy, being dependent on exports, has been severely impacted by the sharp downturn in the global economy. It is estimated that Sweden’s GDP will fall by 5.2 per cent during 2009, which is the weakest growth performance in a single year since the Second World War. Unemployment is still going up, a great bubble has been created in the housing market, the stock market is overvalued and there are several very bad signs in the horizon. More crashes will emerge and when they do, Sweden will suffer severely.
To summarize, the Swedish government have done almost everything wrong, not according to what mainstream cornflake economists say and Keynes would have been pretty proud, but intelligent people that actually understand 4th grade math and recognize what’s what knows that this spells disaster. But however horrible, it could have been a lot worse had the lefties been in power. This is the only solitude there is; that there isn’t more statism.
Another thing we need to keep in mind is the central bank and its maddening interest rate and QE policies. However horrible the government is acting, the real culprit at the moment is the central bank. To quote the bill:
“The situation in the financial markets has stabilized, improving opportunities for households and businesses to obtain loans. This reduces the risk of further negative repercussions on the economy and public finances.”
THIS IS MADNESS! We shouldn’t have improved the possibility to borrow more money; we should do the complete opposite! The only thing such a scam does it to make people buy things they don’t need for money they shouldn’t have, and in doing so moving power and wealth from regular Joes to the already rich and powerful. THIS WILL MASSIVLLY INCREASE THE RISKS FOR NEGATIVE EFFECTS ON THE ECONOMY. Our total debt is already 150% of GDP, why would anyone want to build on this poverty-trap?
How can you be so gullible? Don’t borrow; don’t buy anything like housing, real-estate or even a new car. The world is about to plunge down an unprecedented abyss of financial despair, and when it does, all those with debt and no savings will suffer the most.
And this awful policy of Imperial indoctrination hatched from a swarm of political psychopaths motivated by personal greed and Pol Pot style enthusiasm for social engineering is what has, and will continue to virtually destroy our way of life. This will not change no matter who runs the government, which means Sweden is fucked no matter what.
The enemy class really think we're all just going follow and be good little sheople, and so far they have been right.
What this budget should contain is the following:
- SEK 300bn lower expenditure. A bit less than half to cover the deficit, and almost all the rest to lower taxation. SEK 30-40bn could be thrown at the infrastructure in order to build for the future. When that is done, sell or give away all the roads or whatever to the private sector.
- Delete all the fascist laws surrounding the internet
- Eliminate another thousands or so laws that are unnecessary and hinders in the way of private incentive
- Leave the European Union
But the most important thing to do right now is to make sure that the central bank increase interest rates to 4-5% and that they do not throw any more money at financial institutes. If we did this, it would lead to lower GDP then predicted and some bad assets and debt would be flushed out which would, temporarily, worsen our current situation. However, this would be a very short downturn. Within a year it would be over, and the worst economic disaster ever seen on this planet that is just around the corner would be tackled with ease compared to the rest of the world. So if they just had the balls to do what is right and all you people out there realized how deep in shit we really are, within 4-5 years Sweden would be the riches and best equipped country in the world.
Instead you idiots, the populace, will elect the lefties in the next election, happily borrow more for our impending doom, and let the enemy class throb 25 inches of pain up our rear-ends, so I keep coming back to the best advice you will ever get.
Buy dried-up food packages, tin-cans, candles, batteries, stock up on supplies like oil, gasoline and ammunition. Because even if I’m wrong, those things are good to have at home, and if I’m right, those things may save your life. Be prepared for the worst, and don’t hope for the best.
Saturday, September 19, 2009
Getting a good hardy rope
Having a good rope around is always a good thing. A rope can be used for hanging laundry, tying up the wife, going rock-climbing or in countless other ways. Of course the choice of rope depends on the purpose of usage. If one, for instance, wanted to drop something weighing around 180 lbs from between four and ten feet the rope needs to hold for that particular pressure and it should also hold several times over, no need to get to many ropes when you can get the job done with just one.
The strength of a rope, in regards to rock-climbing (which is a good way of knowing what is what when it comes to bodies and falling objects) is measured by the rating of static elongation and maximum impact force. The elongation measures the amount a rope stretches when weighted with a standard load (80 kilograms/176 pounds). Ropes with low static elongation stretch less. Higher static elongation means ropes have more stretch (cushioning the impact of a fall). Maximum impact force refers to the amount of force transmitted to a climber during a fall. Low maximum impact force means the rope (not the climber or the protection) absorbs more of the energy generated in a fall. However, such ropes stretch more, increasing your chances of hitting the ground or a ledge.
But we do not really think about this for our main usage since there should not be any ledge and the feet should certainly never hit ground, but it is good to have some solid background information.
Also, one might consider ignoring doing proper calculations, if the rope does not hold; there will be a funny couple of minutes getting another rope, so to “wing it” have its inherent charm. Maybe we can get additional mandrake root out of the deal?
Another fun potential consequence of not doing the proper groundwork is the same thing that happened to the historical figure of “Black Jack”, that is to say a so severe spinal cord injury may occur that it leads to total separation.
For our future procedure we also need to decide whether or not to induce a ligature. That may lead to more tenderness between the most upper part and torso with the result of less movement afterwards, but is that really want we want? Such method has been used effectively before, among other places Nuremberg. But surely a bit more dangling and a tad more of muffled noises are preferable? If so another choice need to be made, well such a choice will most likely be made anyway – namely the choice of venue. A tree is classical and have that sense of being close to nature, on the other hand a lamp-post have proven useful before in addition to being in close proximity for most urban inhabitants. Whatever the choice may be, make sure to make room for applauding spectators.
Come to afterwards we need to consider the sphincter relaxing and spontaneously evacuated urine and faeces. Although fun as supplementary proper consequence, it may lead to some stench, which, coincidentally, the entire baggage will produce sooner or later anyway. Even though the dangling end-product can induce certain levels of righteous thinking, we need to find proper burial grounds. Not of religious reasons, but rather sanitary. Also please remember to mark the spot for future travelers. One can always find a reason to urinate and do a little jig on such a place.
The strength of a rope, in regards to rock-climbing (which is a good way of knowing what is what when it comes to bodies and falling objects) is measured by the rating of static elongation and maximum impact force. The elongation measures the amount a rope stretches when weighted with a standard load (80 kilograms/176 pounds). Ropes with low static elongation stretch less. Higher static elongation means ropes have more stretch (cushioning the impact of a fall). Maximum impact force refers to the amount of force transmitted to a climber during a fall. Low maximum impact force means the rope (not the climber or the protection) absorbs more of the energy generated in a fall. However, such ropes stretch more, increasing your chances of hitting the ground or a ledge.
But we do not really think about this for our main usage since there should not be any ledge and the feet should certainly never hit ground, but it is good to have some solid background information.
Also, one might consider ignoring doing proper calculations, if the rope does not hold; there will be a funny couple of minutes getting another rope, so to “wing it” have its inherent charm. Maybe we can get additional mandrake root out of the deal?
Another fun potential consequence of not doing the proper groundwork is the same thing that happened to the historical figure of “Black Jack”, that is to say a so severe spinal cord injury may occur that it leads to total separation.
For our future procedure we also need to decide whether or not to induce a ligature. That may lead to more tenderness between the most upper part and torso with the result of less movement afterwards, but is that really want we want? Such method has been used effectively before, among other places Nuremberg. But surely a bit more dangling and a tad more of muffled noises are preferable? If so another choice need to be made, well such a choice will most likely be made anyway – namely the choice of venue. A tree is classical and have that sense of being close to nature, on the other hand a lamp-post have proven useful before in addition to being in close proximity for most urban inhabitants. Whatever the choice may be, make sure to make room for applauding spectators.
Come to afterwards we need to consider the sphincter relaxing and spontaneously evacuated urine and faeces. Although fun as supplementary proper consequence, it may lead to some stench, which, coincidentally, the entire baggage will produce sooner or later anyway. Even though the dangling end-product can induce certain levels of righteous thinking, we need to find proper burial grounds. Not of religious reasons, but rather sanitary. Also please remember to mark the spot for future travelers. One can always find a reason to urinate and do a little jig on such a place.
The ugliest expenditure around
Apparently the leader figure of the Swedish opposition, Mona Sahlin, social democrat, has jumped upon a jet to go to a party. Since there is an election going on some people complain over this. A couple of bloggers ridicule the… hum… lady… I think she is one, female that is. A couple of others thinks she is entitled to a bit of fun, mingling together with who’s-who of the Swedish famous-list.
So far I haven’t read anything about the real issue at hand - that tax payers are the ones paying the bills.
Sahlin’s media secretary, Anna Helsén, is quoted saying that this feline is paying for everything herself. But who pays her salary? And Anna’s for that matter? Who pays for the flight? The alcohol? You do! This is the issue, nothing else. No one should care about her pouring alcohol over her brain-cells, might actually be a good thing. And no one should care about a church election, what the fuck is politicians doing in church anyway? However, her blatant disregard for your tax money should be an issue.
Isn’t she a hottie?
So far I haven’t read anything about the real issue at hand - that tax payers are the ones paying the bills.
Sahlin’s media secretary, Anna Helsén, is quoted saying that this feline is paying for everything herself. But who pays her salary? And Anna’s for that matter? Who pays for the flight? The alcohol? You do! This is the issue, nothing else. No one should care about her pouring alcohol over her brain-cells, might actually be a good thing. And no one should care about a church election, what the fuck is politicians doing in church anyway? However, her blatant disregard for your tax money should be an issue.
Isn’t she a hottie?
Friday, September 18, 2009
I’m dancing in the rain...
Since first taking a no-protectionism vow at a summit meeting last November, the world's 20 major economies have been responsible for as many as 121 "blatantly protectionist" measures, with 134 more in the pipeline, the organization Global Trade Alert states.
"The real economy may now be shrinking at a slower rate, and a recovery may be in view, but unemployment will continue to rise for some time to come. Pressures to protect jobs at home will grow and governments will find these pressures difficult to resist," said the new report.
This is what I have been saying all along. Just look at any trade number. The Baltic dry cargo index is way downstairs, and every country handing out reports is saying both export and import is going down. And it is bound to get worse the more time that passes, just as during the great depression (soon to be renamed to the “Minor one”) such actions will slow the potential economic recovery and worsen the situation.
Oh, what a glorious feeeeeeling…
And from all over it’s streaming in demands and prayers to these übermench with the hope of them granting some of these wishes. They need to save the economy, protect the environment, hand out fuzzy slippers and do lots of stuff.
I am so looking forward to this next G20 meeting where our enemies - again! - will reassure us that they want free trade, and that more stimulation is needed to save us all.
… I am haaappy again…
"The real economy may now be shrinking at a slower rate, and a recovery may be in view, but unemployment will continue to rise for some time to come. Pressures to protect jobs at home will grow and governments will find these pressures difficult to resist," said the new report.
This is what I have been saying all along. Just look at any trade number. The Baltic dry cargo index is way downstairs, and every country handing out reports is saying both export and import is going down. And it is bound to get worse the more time that passes, just as during the great depression (soon to be renamed to the “Minor one”) such actions will slow the potential economic recovery and worsen the situation.
Oh, what a glorious feeeeeeling…
And from all over it’s streaming in demands and prayers to these übermench with the hope of them granting some of these wishes. They need to save the economy, protect the environment, hand out fuzzy slippers and do lots of stuff.
I am so looking forward to this next G20 meeting where our enemies - again! - will reassure us that they want free trade, and that more stimulation is needed to save us all.
… I am haaappy again…
Avril Lavigne single
Yes, it seems to be true, at least according to the tabloids. I have spent all morning dissecting this, making lots of notes, roaming the net in a never ending search to see if I could ever stand a change now when that idiot is out of the way. This is very interesting and I think I need to get the group together so we can compare notes.
In the meanwhile millions of people across the globe are starving and the depression keeps going, but Pffffffff… who cares? Celebrities are dying and breaking up, that’s [much] more important.
In the meanwhile millions of people across the globe are starving and the depression keeps going, but Pffffffff… who cares? Celebrities are dying and breaking up, that’s [much] more important.
Monaco cave in to the fascists
Monaco is to be removed from an OECD "grey list" when it signs a fresh round of international tax agreements on Monday. The principality is set to sign deals with 12 countries including the US, Belgium and France.
The agreement follows a resolution at the G20 meeting in April that threatened action against 45 territories with regimes considered to ease tax evasion. The OECD defines countries with less than 12 agreements to exchange tax information as non-compliant.
Soon there will be no good places left in the world. Where is that Alien Invasion? We need it.
The agreement follows a resolution at the G20 meeting in April that threatened action against 45 territories with regimes considered to ease tax evasion. The OECD defines countries with less than 12 agreements to exchange tax information as non-compliant.
Soon there will be no good places left in the world. Where is that Alien Invasion? We need it.
The true story of our approaching doom – Part III
We have looked at how the stage has been set by our enemies in part I, we learned how our banking and finance system works and how money and interest rates are being used to create this scheme in part II, now let’s look at what really happened this time around.
I say “this time around” because similar events have lead to crises before, and will again and again and again; it cannot stop until we end this horrible system.
Our enemies want us to believe the following three things:
1) Too few regulations caused greedy people to take advantage of the system. Often enough Bernard Madoff is portrayed as a shining example of greed, too much capitalism and few regulations.
2) It was the free market that collapsed and we had a credit-crunch with too little money being available within the system.
3) Lehman Brothers collapsing was the real start of the down going spiral.
The answer our elitists then hand us is that we need more regulations, more government, and lots of more credit available. We also need to have more world wide solutions with maybe global taxation on financial flow, a world currency and much more cooperation between countries.
All of this is lies. It’s the continuation of the same scams that lead us into this mess in the first place. It’s a smoke-screen behind closed curtains hidden within a mirage filled with mirrors and magic tricks. The ringmasters of our impending doom is trying to fool us again in order to press that 2by4 further up our collective arses before the shit truly hits the fan.
While pundit-tricksters and fraudulent banksters is feeding us these lies, lazy journalists either sit around on their fat behinds translating fictive reports or are actively participating in the giant cover-up by only printing the fabrications and ignoring the real facts. Elected criminals only care about their own re-election and to show how they “do stuff”, not really caring what they do, the important part is to show us, the voters, that they react. “Oh, that’s horrible – I propose this law!” – is solemnly proclaimed in different ways over and over again. And they have tons of money, the printing press have never worked harder, so stimulus all around!
In the real world, this crisis was created a long time ago. Further down you can watch another example of how and why, but in order to make a long story short, what you need to know is the three actual facts:
1) We had too many regulations, too many hinders, and Madoff is a small time crock in comparison with many of those true master-criminals still roaming free within our financial system.
2) It was over excessive intrusions of government and central banks that created this mess. It’s not only the government entities of Fanny May and Freddie Mac that’s helped out with the madness; there are a lot of government intrusions creating problems. And we have too much money in the system; the present of cheap credit is what got us into this crisis, so we don’t need more.
3) Lehman was not the first or the last financial institute going down, and they are only a small symptom, like a spot among many. Consequently Lehman Brothers going out of business was neither the start of the crisis nor what made it worse. That’s a complete lie.
Although, to a certain extent, we can sum up the cause of our current economic crisis in one word — GREED. Over the years, mortgage lenders were happy to lend money to people who couldn’t afford their mortgages, even if this is most obvious in the US, the same goes on pretty much everywhere. But they did it anyway because there was nothing to lose and a lot to gain. These lenders were able to charge higher interest rates and make more money on sub-prime loans. If the borrowers default, they simply seized the house and put it back on the market. On top of that, they were able to pass the risk off to mortgage insurer or package these mortgages as mortgage-backed securities. Easy money!
The whole thing was one big scheme. Everything was great when houses were selling like hot cakes and their values go up every month. Lenders made it easier to borrow money, and the higher demand drove up house values. Higher house values means that lenders could lend out even bigger mortgages, and it also gave lenders some protection against foreclosures. All of this translates into more money for the lenders, insurers, and investors.
Unfortunately, many borrowers got slammed when their adjustable mortgage finally adjusted. When too many of them couldn’t afford to make their payments, it causes these lenders to suffer from liquidity issue and to sit on more foreclosures than they could sell.
But now all is fine right? Those banks have cleansed those toxic assets and wannabe defaults? Right? Wrong. Almost all of them are still in the system; in fact there are more of them. And looking at UK and US banks, they are mainly selling these houses to, tada! Themselves! I have already covered most of this scam in other posts, just keep in mind that nothing has changed, the problem is still there, now inflated through even more government intervention and lots and lots of more fiat money.
But before all this happen people in the western world have been producing less and less while consuming more and more. Worst of all places is the US of A where over 70% of the economy is consumerism, and how do Americans (and many others) pay for this consumption? By borrowing. Not only direct borrowing via the consumer or companies, but also making the best use of the USD. As the world reserve currency the federal reserve have been able to print lots of money and the US government have been able to issue more bonds than otherwise would be possible. All this goes on while the government keeps expanding and more and more regulations come into being. Lefties often argue the opposite, which just goes to show you how deluded those people are.
Basically, the crisis was created by government, worsen by bankers and now they are doing everything all over again. During the last crisis when the dot.com bubble burst, they inflated the bubble again to avoid a real downfall, now we see the aftermath of those actions. Now they have done it again, the same damn thing. But this time around it’s much much worse. The bubbles, the inflated madness and all the things that has been down and will be done is creating the worst disaster ever known to man.
Please watch this movie:
I say “this time around” because similar events have lead to crises before, and will again and again and again; it cannot stop until we end this horrible system.
Our enemies want us to believe the following three things:
1) Too few regulations caused greedy people to take advantage of the system. Often enough Bernard Madoff is portrayed as a shining example of greed, too much capitalism and few regulations.
2) It was the free market that collapsed and we had a credit-crunch with too little money being available within the system.
3) Lehman Brothers collapsing was the real start of the down going spiral.
The answer our elitists then hand us is that we need more regulations, more government, and lots of more credit available. We also need to have more world wide solutions with maybe global taxation on financial flow, a world currency and much more cooperation between countries.
All of this is lies. It’s the continuation of the same scams that lead us into this mess in the first place. It’s a smoke-screen behind closed curtains hidden within a mirage filled with mirrors and magic tricks. The ringmasters of our impending doom is trying to fool us again in order to press that 2by4 further up our collective arses before the shit truly hits the fan.
While pundit-tricksters and fraudulent banksters is feeding us these lies, lazy journalists either sit around on their fat behinds translating fictive reports or are actively participating in the giant cover-up by only printing the fabrications and ignoring the real facts. Elected criminals only care about their own re-election and to show how they “do stuff”, not really caring what they do, the important part is to show us, the voters, that they react. “Oh, that’s horrible – I propose this law!” – is solemnly proclaimed in different ways over and over again. And they have tons of money, the printing press have never worked harder, so stimulus all around!
In the real world, this crisis was created a long time ago. Further down you can watch another example of how and why, but in order to make a long story short, what you need to know is the three actual facts:
1) We had too many regulations, too many hinders, and Madoff is a small time crock in comparison with many of those true master-criminals still roaming free within our financial system.
2) It was over excessive intrusions of government and central banks that created this mess. It’s not only the government entities of Fanny May and Freddie Mac that’s helped out with the madness; there are a lot of government intrusions creating problems. And we have too much money in the system; the present of cheap credit is what got us into this crisis, so we don’t need more.
3) Lehman was not the first or the last financial institute going down, and they are only a small symptom, like a spot among many. Consequently Lehman Brothers going out of business was neither the start of the crisis nor what made it worse. That’s a complete lie.
Although, to a certain extent, we can sum up the cause of our current economic crisis in one word — GREED. Over the years, mortgage lenders were happy to lend money to people who couldn’t afford their mortgages, even if this is most obvious in the US, the same goes on pretty much everywhere. But they did it anyway because there was nothing to lose and a lot to gain. These lenders were able to charge higher interest rates and make more money on sub-prime loans. If the borrowers default, they simply seized the house and put it back on the market. On top of that, they were able to pass the risk off to mortgage insurer or package these mortgages as mortgage-backed securities. Easy money!
The whole thing was one big scheme. Everything was great when houses were selling like hot cakes and their values go up every month. Lenders made it easier to borrow money, and the higher demand drove up house values. Higher house values means that lenders could lend out even bigger mortgages, and it also gave lenders some protection against foreclosures. All of this translates into more money for the lenders, insurers, and investors.
Unfortunately, many borrowers got slammed when their adjustable mortgage finally adjusted. When too many of them couldn’t afford to make their payments, it causes these lenders to suffer from liquidity issue and to sit on more foreclosures than they could sell.
But now all is fine right? Those banks have cleansed those toxic assets and wannabe defaults? Right? Wrong. Almost all of them are still in the system; in fact there are more of them. And looking at UK and US banks, they are mainly selling these houses to, tada! Themselves! I have already covered most of this scam in other posts, just keep in mind that nothing has changed, the problem is still there, now inflated through even more government intervention and lots and lots of more fiat money.
But before all this happen people in the western world have been producing less and less while consuming more and more. Worst of all places is the US of A where over 70% of the economy is consumerism, and how do Americans (and many others) pay for this consumption? By borrowing. Not only direct borrowing via the consumer or companies, but also making the best use of the USD. As the world reserve currency the federal reserve have been able to print lots of money and the US government have been able to issue more bonds than otherwise would be possible. All this goes on while the government keeps expanding and more and more regulations come into being. Lefties often argue the opposite, which just goes to show you how deluded those people are.
Basically, the crisis was created by government, worsen by bankers and now they are doing everything all over again. During the last crisis when the dot.com bubble burst, they inflated the bubble again to avoid a real downfall, now we see the aftermath of those actions. Now they have done it again, the same damn thing. But this time around it’s much much worse. The bubbles, the inflated madness and all the things that has been down and will be done is creating the worst disaster ever known to man.
Please watch this movie:
Another central bank idiot
Karolina Ekholm, Deputy Governor of the Swedish central bank had some comments to make today at a little meeting. This hellish female was quoted saying, among other stupidities, that inflation is going to be negative during 2009. She has been an accomplish in creating inflation, so of course she doesn’t want you to know about this little scheme, or she does not know a single thing what she is talking about. Either way this is an outlandish lie, or she is so bent behind a wagon that she actually believe that a couple of hundreds of billions of newly printed notes thrown into the system have no effect whatsoever. Take your pick really, a lying bitch or an incompetent maniac, hard to tell what’s worse.
She said: “Nevertheless, the situation looks brighter today than it did a couple of months ago”
No, it doesn’t. It looks a lot worse. Just because there are a temporarily halt in the down-going spiral, seen to equities and certain areas of the economy, is not the same thing as things are looking brighter. She would know this if she actually understood economics.
Then she continues with the interest rate crap those central bank people are hell-bent to spread around. She voted for keeping the interest rate down around zero, which makes her automatically malevolent. Destroying the economy is her goal, and she and the other monkeys are doing a good job at it.
Another hilarious quote:
“The development of the krona has been stronger than we expected. Just as it is difficult to explain the earlier weakening of the krona in terms of developments in the Swedish economy, it is difficult to explain the recent appreciation in the krona”
No, it’s not. It’s very easy. Firstly, any currency is measured against other currencies. This means that the “value” can be going up; when in reality it’s going down because other currencies are worse off. Secondly, and this she should know, the central bank and government securities are the things that control the value of the currency. She is one of those that decide whether or not the currency should gain or lose in value. If she doesn’t get that, she is the wrong person at this job. There is a lagging effect how the inflation or deflation of the currency becomes to be obvious, but that too she should know.
Then she goes on and on about smoke and mirrors theories mixed with lots of irrelevant statements about her being thrown straight into the fire getting appointed just a tad over a half a year ago. Oh, I have a fire for you; or rather the Swedish people will have a big bon-fire to throw you in once they figure out how evil you really are.
The wickedness really shines when she said:
“Let me conclude by saying that it appears that the fiscal policy and monetary policy stimulation measures that are being implemented throughout the world are beginning to have the desired effects.”
Riiiight…
“The desired effect”, please remember that statement when you purchasing power is diminished into nothing and the defaulting levels drives families all across the land to live on garbage.
I cannot believe we have a central bank in the first place, and even less so how you idiots out there let such horrible people do these things to you.
Interest rates should be a lot higher today, there should be no extra credit whatsoever created out of thin air, and there should be no central bank. As long as this womanly demon and her chronically immoral buddies get to dictate our lives, we are screwed.
She said: “Nevertheless, the situation looks brighter today than it did a couple of months ago”
No, it doesn’t. It looks a lot worse. Just because there are a temporarily halt in the down-going spiral, seen to equities and certain areas of the economy, is not the same thing as things are looking brighter. She would know this if she actually understood economics.
Then she continues with the interest rate crap those central bank people are hell-bent to spread around. She voted for keeping the interest rate down around zero, which makes her automatically malevolent. Destroying the economy is her goal, and she and the other monkeys are doing a good job at it.
Another hilarious quote:
“The development of the krona has been stronger than we expected. Just as it is difficult to explain the earlier weakening of the krona in terms of developments in the Swedish economy, it is difficult to explain the recent appreciation in the krona”
No, it’s not. It’s very easy. Firstly, any currency is measured against other currencies. This means that the “value” can be going up; when in reality it’s going down because other currencies are worse off. Secondly, and this she should know, the central bank and government securities are the things that control the value of the currency. She is one of those that decide whether or not the currency should gain or lose in value. If she doesn’t get that, she is the wrong person at this job. There is a lagging effect how the inflation or deflation of the currency becomes to be obvious, but that too she should know.
Then she goes on and on about smoke and mirrors theories mixed with lots of irrelevant statements about her being thrown straight into the fire getting appointed just a tad over a half a year ago. Oh, I have a fire for you; or rather the Swedish people will have a big bon-fire to throw you in once they figure out how evil you really are.
The wickedness really shines when she said:
“Let me conclude by saying that it appears that the fiscal policy and monetary policy stimulation measures that are being implemented throughout the world are beginning to have the desired effects.”
Riiiight…
“The desired effect”, please remember that statement when you purchasing power is diminished into nothing and the defaulting levels drives families all across the land to live on garbage.
I cannot believe we have a central bank in the first place, and even less so how you idiots out there let such horrible people do these things to you.
Interest rates should be a lot higher today, there should be no extra credit whatsoever created out of thin air, and there should be no central bank. As long as this womanly demon and her chronically immoral buddies get to dictate our lives, we are screwed.
Thursday, September 17, 2009
Oh, that burning sensation
You can just hear them rattling the cages, howling to the moon and scratching their teenie-weenie peckers. I wonder how they are going to circumvent this one.
Oh, and is that burning documentation I smell? Boxes being emptied, files being deleted, and the hush-factor just became a murmur. And I’m guessing that more banksters are, at this very moment, sucking on a 9mm.
Maybe there is hope for the US after all?
Oh, and is that burning documentation I smell? Boxes being emptied, files being deleted, and the hush-factor just became a murmur. And I’m guessing that more banksters are, at this very moment, sucking on a 9mm.
Maybe there is hope for the US after all?
Gold again.
Gold continues upwards, this to no surprise to anyone with a brain. Again we hear some idiots claiming that the high is already reached or that we will soon see a correction. This is nonsense. If it takes half a year, one year or two, isn’t really the point, the point is that gold and other valuable metals will continue to go up. I have predicted a high around $2300/ounce, but there are some that claims much higher than that. $7000/ounce have been mentioned.
Here you can follow the gold-price:
Here you can follow the gold-price:
The true story of our ominous doom – Part II
As mentioned, economics is a very easy subject to grasp and understand. Contrary to popular belief you do not need to be a financial wiz to be able to interpret the market, and politicians don’t need to make judgment-calls in response to an economic crisis. You do not even need an education in finance or business, in fact, such an education might very well be in the way. Just look at all the mainstream cornflake economists that never seem to get anything right.
The free and open market works upon a couple of very understandable rules that never change. A couple of axioms that exists no matter what anyone says or tries to do.
Firstly supply always corresponds to demand and vice versa.
Secondly 1+1=2 and 2-1=1
Thirdly, our main source of information and what it all comes down to is prices. Prices is the way we measure how sort after a merchandise is, how valuable, how easy we can buy it, what the cost of making it versus the profit we can make in the end, and so on and so on.
So what happens when someone tries to manipulate the market, or if a government imposes a set of laws to control it? Basically nothing, the same rules apply still; however, the equation may differ a bit. If Government increases prices on something they consider to be dangerous, like tobacco, the real price stays the same. What has changed is the price plus the additional cost. If this additional cost goes to high, smuggling ensues, alternatives pops up, people start making their own. A very obvious example of this is drugs. Government has through imposed illegality and harsh penalties made sure that the price is astronomical, hence large profits can be made. In affect inviting people to produce and sell drugs. If the government happens to knock out a drug lab, prices goes up and the effect is even more criminals. This is why the war on drug never can be won. It’s a mathematical and factual impossibility.
Let’s take a fictive example as well and look at milk. Milk is one of mankind’s main sources of food, we use it for baking, quenching our thirst and lots of other things. Now, let’s assume that a couple of state-employed scientists figure out that milk is the main cause of cancer. After a couple of months of scaremongering in the media our bellowed politicians need to act and ban milk. They make it illegal and introduce a sentence of 10 years imprisonment for selling milk. This would make the milk-price quadruple or even more and since there are a lot of grandmas wanting to bake and kids that wants to drink milk, you have a huge market, and so in steps those that can and are willing to produce and sell milk on the illigal milk-market.
These sorts of distortions of the price, which it’s, all about, only change the preserved price, not the actual value or real price that would exist without the regulations and laws.
And as said, this is always true, no matter what anyone does, no matter how high the taxes goes or what the product or service in a particular case happens to be. It also applies to two very common commodities that is the main culprit behind our economic crisis and why it hasn’t and cannot end any time soon.
The two things I’m talking about are Interest rate and money.
Interest rate is actually the rate of paying back or getting back a certain percentage of money. If interest rates go up, loaning money or taking out a mortgage gets more expensive. If interest rates go down, it gets cheaper to borrow and getting into debt gets more appealing the lower the rate is. Or, in effect, when interest rates go down we tend to borrow and spend more money because saving it is in comparison a less rational choice. The opposite is also true, if interest rates go up, we tend to save the money and make more prudent choices of what to buy.
Money is just paper a certain central bank and a certain country have decided should be the way of doing trade. Instead of changing a bicycle for a carton of juice we use money. It makes trade easier and accumulated wealth can easier be stored and used for investments.
The money is printed and supplied from the central bank. The central bank lends or “gives” this money to other banks or financial institutes that in turn put it out on the market. However, and this is very important to understand, the banks does not lend out that particular amount they get from either the central bank or peoples savings, no, they lend out a lot more. This is called Fractional-reserve banking.
Fractional-reserve banking is the banking practice in which banks keep only a fraction of their deposits in reserve (as cash and other highly liquid assets) and lend out the remainder, while maintaining the simultaneous obligation to redeem all these deposits upon demand. By its nature, the practice of fractional reserve banking expands money supply (cash and demand deposits) beyond what it would otherwise be. Because of the prevalence of fractional reserve banking, the broad money supply of most countries is a multiple larger than the amount of base money created by the country's central bank. That multiple (called the money multiplier) is determined by the reserve requirement or other financial ratio requirements imposed by financial regulators.
Or, to put it in simpler terms; a bank has $100 in actual money, but lend to customers $2000-3000-4 000. As long as people don’t withdraw all their savings and pay back all their loans at the same time, the system “works”.
And, what is really important, the more people that borrow, the more customers, the more the bank can lend. For every additional $100 another couple of thousands are lend to the market.
If you understand everything written here, you also understand why this crisis emerged. What has happened is that too much money and too low interest rates have created distortions on several markets, most notably the housing and real-estate markets. So when people cannot pay back their loans, when mortgages are defaulting and the limit of spending has been reach, a contraction will happen. In fact it should happen. But in our saviors and great leaders steps and what do they do? They lower interest rates even further, throws more money into the system, borrow loads of more from other countries to spend it because the people are not spending enough.
So tell me again, how can this crisis be over?
As I said in the start, and as I have pointed out so many times, the math does not tell lies. The actual foundation cannot be changed.
Temporarily, this entire “stimulus”-madness can plaster over the basic problems; sweep them under the rug for a while. Not only will such actions eventually fail, but it will make the problems even worse.
Take a look at this little movie to further enhance your knowledge to what I have just told you. Then, to really make sure you understand, read through my text again. If you do this and you come out on the other side with this knowledge you will never trust anything any bank does ever again. You will stop listening to politicians crap and you will finally understand why our current crisis isn’t over.
The free and open market works upon a couple of very understandable rules that never change. A couple of axioms that exists no matter what anyone says or tries to do.
Firstly supply always corresponds to demand and vice versa.
Secondly 1+1=2 and 2-1=1
Thirdly, our main source of information and what it all comes down to is prices. Prices is the way we measure how sort after a merchandise is, how valuable, how easy we can buy it, what the cost of making it versus the profit we can make in the end, and so on and so on.
The free and open market works upon a couple of very understandable rules that never change. A couple of axioms that exists no matter what anyone says or tries to do.
Firstly supply always corresponds to demand and vice versa.
Secondly 1+1=2 and 2-1=1
Thirdly, our main source of information and what it all comes down to is prices. Prices is the way we measure how sort after a merchandise is, how valuable, how easy we can buy it, what the cost of making it versus the profit we can make in the end, and so on and so on.
So what happens when someone tries to manipulate the market, or if a government imposes a set of laws to control it? Basically nothing, the same rules apply still; however, the equation may differ a bit. If Government increases prices on something they consider to be dangerous, like tobacco, the real price stays the same. What has changed is the price plus the additional cost. If this additional cost goes to high, smuggling ensues, alternatives pops up, people start making their own. A very obvious example of this is drugs. Government has through imposed illegality and harsh penalties made sure that the price is astronomical, hence large profits can be made. In affect inviting people to produce and sell drugs. If the government happens to knock out a drug lab, prices goes up and the effect is even more criminals. This is why the war on drug never can be won. It’s a mathematical and factual impossibility.
Let’s take a fictive example as well and look at milk. Milk is one of mankind’s main sources of food, we use it for baking, quenching our thirst and lots of other things. Now, let’s assume that a couple of state-employed scientists figure out that milk is the main cause of cancer. After a couple of months of scaremongering in the media our bellowed politicians need to act and ban milk. They make it illegal and introduce a sentence of 10 years imprisonment for selling milk. This would make the milk-price quadruple or even more and since there are a lot of grandmas wanting to bake and kids that wants to drink milk, you have a huge market, and so in steps those that can and are willing to produce and sell milk on the illigal milk-market.
These sorts of distortions of the price, which it’s, all about, only change the preserved price, not the actual value or real price that would exist without the regulations and laws.
And as said, this is always true, no matter what anyone does, no matter how high the taxes goes or what the product or service in a particular case happens to be. It also applies to two very common commodities that is the main culprit behind our economic crisis and why it hasn’t and cannot end any time soon.
The two things I’m talking about are Interest rate and money.
Interest rate is actually the rate of paying back or getting back a certain percentage of money. If interest rates go up, loaning money or taking out a mortgage gets more expensive. If interest rates go down, it gets cheaper to borrow and getting into debt gets more appealing the lower the rate is. Or, in effect, when interest rates go down we tend to borrow and spend more money because saving it is in comparison a less rational choice. The opposite is also true, if interest rates go up, we tend to save the money and make more prudent choices of what to buy.
Money is just paper a certain central bank and a certain country have decided should be the way of doing trade. Instead of changing a bicycle for a carton of juice we use money. It makes trade easier and accumulated wealth can easier be stored and used for investments.
The money is printed and supplied from the central bank. The central bank lends or “gives” this money to other banks or financial institutes that in turn put it out on the market. However, and this is very important to understand, the banks does not lend out that particular amount they get from either the central bank or peoples savings, no, they lend out a lot more. This is called Fractional-reserve banking.
Fractional-reserve banking is the banking practice in which banks keep only a fraction of their deposits in reserve (as cash and other highly liquid assets) and lend out the remainder, while maintaining the simultaneous obligation to redeem all these deposits upon demand. By its nature, the practice of fractional reserve banking expands money supply (cash and demand deposits) beyond what it would otherwise be. Because of the prevalence of fractional reserve banking, the broad money supply of most countries is a multiple larger than the amount of base money created by the country's central bank. That multiple (called the money multiplier) is determined by the reserve requirement or other financial ratio requirements imposed by financial regulators.
Or, to put it in simpler terms; a bank has $100 in actual money, but lend to customers $2000-3000-4 000. As long as people don’t withdraw all their savings and pay back all their loans at the same time, the system “works”.
And, what is really important, the more people that borrow, the more customers, the more the bank can lend. For every additional $100 another couple of thousands are lend to the market.
If you understand everything written here, you also understand why this crisis emerged. What has happened is that too much money and too low interest rates have created distortions on several markets, most notably the housing and real-estate markets. So when people cannot pay back their loans, when mortgages are defaulting and the limit of spending has been reach, a contraction will happen. In fact it should happen. But in our saviors and great leaders steps and what do they do? They lower interest rates even further, throws more money into the system, borrow loads of more from other countries to spend it because the people are not spending enough.
So tell me again, how can this crisis be over?
As I said in the start, and as I have pointed out so many times, the math does not tell lies. The actual foundation cannot be changed.
Temporarily, this entire “stimulus”-madness can plaster over the basic problems; sweep them under the rug for a while. Not only will such actions eventually fail, but it will make the problems even worse.
Take a look at this little movie to further enhance your knowledge to what I have just told you. Then, to really make sure you understand, read through my text again. If you do this and you come out on the other side with this knowledge you will never trust anything any bank does ever again. You will stop listening to politicians crap and you will finally understand why our current crisis isn’t over.
The free and open market works upon a couple of very understandable rules that never change. A couple of axioms that exists no matter what anyone says or tries to do.
Firstly supply always corresponds to demand and vice versa.
Secondly 1+1=2 and 2-1=1
Thirdly, our main source of information and what it all comes down to is prices. Prices is the way we measure how sort after a merchandise is, how valuable, how easy we can buy it, what the cost of making it versus the profit we can make in the end, and so on and so on.
Wednesday, September 16, 2009
Kiddy porn and UN idiots
Some 750,000 sexual predators are constantly prowling the internet in a bid to gain contact with children, a United Nations report is warning. Well, let’s take a look at that for a while…
"The number of sites devoted to child pornography worldwide is growing. The number of predators connected to the internet at any one time is estimated to be 750,000," said Najat Maala, Special Rapporteur on the child prostitution and child pornography issue. Unicef also estimates there are more than four million websites featuring minors, including those of children aged under two years.
Really? Even if so, it gets a harder and harder to find any. I remember a time when you hardly could go online looking for regular porn without stumbling upon some child porn, and if you looked for some porn at Kazaa, DC++ or similar downloading places, you were bound to find some kiddy stuff as well. Nowadays it’s almost impossible. There isn’t kiddy porn on any of the main downloading sites, not what I could find. And I cannot remember the last time I roamed the net looking for porn and happened to end up at some preteen site, it was a long time ago. And I’m a porn lover going online looking for porn all the time.
In the wake of this report, I set out to find some on purpose; it was very hard to see anything at all. The closest I could find was some semi-nude models of pretty young age, but that you can find in any clothing catalogue.
So the search engines have cleaned out most of it, regular porn sites have no links or pop-ups anymore, very little can be found at downloading sites, and if you go look for it, it’s almost impossible to find. Internets own built-in regulatory system has worked and deleted the easy access that was before.
Najat Maala noted that the age of sexual consent should not be used as an excuse for child pornographic peddlers - as it is used in places where this age limit is lower than the definition of who constitutes a minor. This is because a "child under 18 cannot be considered to be able to consent to sexual exploitation, including child pornography," she added.
I have myself always thought that that age limit is highly stupid. The legal age of sex consent varies a lot from country to country. Everything from 12y to 20y. It’s 15 in Sweden, 16 in the UK, but 18 in most American states. So what constitutes as statutory rape in the US is perfectly legal in most of Europe. And we all know that most teens start to have sex long before they turn 18. A 15y old girl choosing to pose nude in front of her webcam isn’t the same as an 11y old getting raped, but according to UN it is. Makes you wonder how this affect the statistic doesn’t it?
And look at the choice of words Najat uses. “consent to sexual exploitation” - so everyone taking picture, doing porn or such is being sexually exploited no matter what. How nice.
And doesn’t it strike you as odd that these kinds of reports is pouring out all the time, papers keep quoting them with doomsday headlines and parenting groups shout all the time, at the same time as regulations, laws and the monitoring of the internet is reaching fascist heights? You don’t need to be a conspiracy nut to see the writings on this wall.
"Images of sexually exploited children are not only growing in number but are also increasingly shocking," added Maala, who estimates that between 10,000 and 100,000 minors are victims of the child pornography network.
Between 10 000 and 100 000? Leaves a lot of roam for errors, don’t you think? And again, notice the choice of words. “the child pornography network” – it seems to imply that there is one big network out there, are they really trying to convince us of such stupidity? And what does she mean by “increasingly shocking”? Was older times pedophiles more prudent and only fiddled a little bit? Did pedophiles 50 years ago handle their victims much better and less shocking? Are we seeing the dawn of the age of super-pedophiles?
Pedophilia in itself may be bad, acting upon against youngsters makes it a crime, but when stuff comes out of the UN with very strange conclusions and sentences it is very hard to take it serious. Maybe kiddy-porn is on the rise, but I doubt it. Maybe there are more underage sex-slaves, but I doubt that too. Things was not better before in history, we are just better at detecting it nowadays, and these kinds of reports will only have two effects. 1) Make pedophiles even harder to find 2) give our enemies another reason to shut down internet.
"The number of sites devoted to child pornography worldwide is growing. The number of predators connected to the internet at any one time is estimated to be 750,000," said Najat Maala, Special Rapporteur on the child prostitution and child pornography issue. Unicef also estimates there are more than four million websites featuring minors, including those of children aged under two years.
Really? Even if so, it gets a harder and harder to find any. I remember a time when you hardly could go online looking for regular porn without stumbling upon some child porn, and if you looked for some porn at Kazaa, DC++ or similar downloading places, you were bound to find some kiddy stuff as well. Nowadays it’s almost impossible. There isn’t kiddy porn on any of the main downloading sites, not what I could find. And I cannot remember the last time I roamed the net looking for porn and happened to end up at some preteen site, it was a long time ago. And I’m a porn lover going online looking for porn all the time.
In the wake of this report, I set out to find some on purpose; it was very hard to see anything at all. The closest I could find was some semi-nude models of pretty young age, but that you can find in any clothing catalogue.
So the search engines have cleaned out most of it, regular porn sites have no links or pop-ups anymore, very little can be found at downloading sites, and if you go look for it, it’s almost impossible to find. Internets own built-in regulatory system has worked and deleted the easy access that was before.
Najat Maala noted that the age of sexual consent should not be used as an excuse for child pornographic peddlers - as it is used in places where this age limit is lower than the definition of who constitutes a minor. This is because a "child under 18 cannot be considered to be able to consent to sexual exploitation, including child pornography," she added.
I have myself always thought that that age limit is highly stupid. The legal age of sex consent varies a lot from country to country. Everything from 12y to 20y. It’s 15 in Sweden, 16 in the UK, but 18 in most American states. So what constitutes as statutory rape in the US is perfectly legal in most of Europe. And we all know that most teens start to have sex long before they turn 18. A 15y old girl choosing to pose nude in front of her webcam isn’t the same as an 11y old getting raped, but according to UN it is. Makes you wonder how this affect the statistic doesn’t it?
And look at the choice of words Najat uses. “consent to sexual exploitation” - so everyone taking picture, doing porn or such is being sexually exploited no matter what. How nice.
And doesn’t it strike you as odd that these kinds of reports is pouring out all the time, papers keep quoting them with doomsday headlines and parenting groups shout all the time, at the same time as regulations, laws and the monitoring of the internet is reaching fascist heights? You don’t need to be a conspiracy nut to see the writings on this wall.
"Images of sexually exploited children are not only growing in number but are also increasingly shocking," added Maala, who estimates that between 10,000 and 100,000 minors are victims of the child pornography network.
Between 10 000 and 100 000? Leaves a lot of roam for errors, don’t you think? And again, notice the choice of words. “the child pornography network” – it seems to imply that there is one big network out there, are they really trying to convince us of such stupidity? And what does she mean by “increasingly shocking”? Was older times pedophiles more prudent and only fiddled a little bit? Did pedophiles 50 years ago handle their victims much better and less shocking? Are we seeing the dawn of the age of super-pedophiles?
Pedophilia in itself may be bad, acting upon against youngsters makes it a crime, but when stuff comes out of the UN with very strange conclusions and sentences it is very hard to take it serious. Maybe kiddy-porn is on the rise, but I doubt it. Maybe there are more underage sex-slaves, but I doubt that too. Things was not better before in history, we are just better at detecting it nowadays, and these kinds of reports will only have two effects. 1) Make pedophiles even harder to find 2) give our enemies another reason to shut down internet.
Warmongering Barack
Oh, the nonviolent messianic figure of the Obamination loves harmony and peace so much that do you know what he is doing now? He’s sending an additional 3000 troops to Afghanistan and 1000 to Iraq which will make the total amount of fighting forces in the area higher than during his predecessor’s time at the oval office. There are also thousands of so called “contractors” doing lots of the dirty work.
This goes well together with the 14.8% increase in defense orders that made up most of the content in one of those “positive” reports we heard about from the US recently. You know, one of those reports that were quoted by brain-dead journalists as a goooood siiiign.
Yeah... this is going to end in such a happy note…
This goes well together with the 14.8% increase in defense orders that made up most of the content in one of those “positive” reports we heard about from the US recently. You know, one of those reports that were quoted by brain-dead journalists as a goooood siiiign.
Yeah... this is going to end in such a happy note…
Et tu Daily Show, et tu
This ACORN business is so funny, and it’s almost completely ignored by media. It's one of the biggest scandals I have ever seen and I'm yet to see a single article in Europe about it. Worse yet, the American press don't report either.
The old media continues to fuck up. No wonder people aren't buying newspapers or watching the news anymore. It's all crap, and can you mention a single journalist actually doing his or her job?
The old media continues to fuck up. No wonder people aren't buying newspapers or watching the news anymore. It's all crap, and can you mention a single journalist actually doing his or her job?
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| The Audacity of Hos | ||||
| ||||
Another Suicide…
Those pesky suicides among banking people is really kind of annoying aren’t they?
Earlier this year the former chief financial officer at Freddie Mac, David Kellermann, is said to have committed suicide through hanging. Then Finn W. Caspersen the former chairman and chief executive officer of Beneficial Corp, was found dead from an apparently self-inflicted gunshot wound to the head.
Now another magnate James McDonald, a prominent advisor to wealthy families as chief executive of investment management group Rockefeller & Co, died of a single gunshot wound on Sunday 13th of sept 2009. Earlier this year, Mr. McDonald was one of the directors who left the board of lender CIT Group…
Riiiight.
One is left pondering why such individuals with lots of money, power and from pretty stable family and personal histories suddenly jump of the deep end. Not that such individuals cannot be depressed or commit suicide, I’m just saying…
Old post
Earlier this year the former chief financial officer at Freddie Mac, David Kellermann, is said to have committed suicide through hanging. Then Finn W. Caspersen the former chairman and chief executive officer of Beneficial Corp, was found dead from an apparently self-inflicted gunshot wound to the head.
Now another magnate James McDonald, a prominent advisor to wealthy families as chief executive of investment management group Rockefeller & Co, died of a single gunshot wound on Sunday 13th of sept 2009. Earlier this year, Mr. McDonald was one of the directors who left the board of lender CIT Group…
Riiiight.
One is left pondering why such individuals with lots of money, power and from pretty stable family and personal histories suddenly jump of the deep end. Not that such individuals cannot be depressed or commit suicide, I’m just saying…
Old post
The mystery of idiotism
Some more mainstream economists and other clueless morons are starting to smell the housing-bubble in Sweden. Another couple of warning flares was sent up today since the prices continue to move upwards.
However fun it is to be right all the time, I cannot help wondering why they didn’t see this coming? Or did they but don’t care?
Economics is very simple. It’s not a barrey of mumboes and jumbos; it’s not magic or as hard as our enemies want us to think. It is very easy. All one really need to know is how supply and demand always coexist and how 1+1=2 and 2-1=1.
Keep those very simple facts in your head and think about what happens when the central bank makes money very cheap to financial institutes (much more money in the system) and interest rates go down to zero. Add then in how the supply of housing is scarce at the same time as the central bank does this. What’s your conclusion?
And above is during normal circumstances when we’re not in an economic crisis. The same apply, however, today, which is why despite very high unemployment and very high debts within the system - already before this madness - the same still happens.
This is the very definition of a bubble, and they have created it, most likely willfully to keep you, the people, spending money you shouldn’t have on things you in reality cannot afford.
So, now, what will happen when interest rates goes up (which they haft to) and the central bank withdraw money from the system? That’s right, crash boom and smash. If you/we/they are lucky, the defaulting levels (people not being able to pay back) just goes up a few percentage and the banks have counted on this and manage to stay floating. But think about that for a moment, is that very plausible? Is that best case scenario really how this will turn out? Are the banks really good at math and knows how to handle money?
And please remember, the housing market is not the only market, it’s not alone and standing by itself, it’s a part of the whole economic system. In other words to really find out how things are progressing with the economy and this bubbles future, one needs to take a look around. Use the same basic concept of economics above and apply it to more markets. The math doesn’t tell lies, our politicians and most of the mainstream economists always lies, or do not know what they are talking about.
Mark my words, the absolute worst thing you can do right now is taking out a mortgage and buy a house. It is not a good idea even if you get a very good deal with very low interest rates. It is the worst possible timing of buying you can ever find. However, if you are able to sell, do it. Don’t wait; the number of morons buying will decline sooner or later. It does not matter if prices goes up another couple of percent, now is the time to sell. Renting is often less costly anyway, why have all your money tied up in a house or apartment when you could make better use of them?
However fun it is to be right all the time, I cannot help wondering why they didn’t see this coming? Or did they but don’t care?
Economics is very simple. It’s not a barrey of mumboes and jumbos; it’s not magic or as hard as our enemies want us to think. It is very easy. All one really need to know is how supply and demand always coexist and how 1+1=2 and 2-1=1.
Keep those very simple facts in your head and think about what happens when the central bank makes money very cheap to financial institutes (much more money in the system) and interest rates go down to zero. Add then in how the supply of housing is scarce at the same time as the central bank does this. What’s your conclusion?
And above is during normal circumstances when we’re not in an economic crisis. The same apply, however, today, which is why despite very high unemployment and very high debts within the system - already before this madness - the same still happens.
This is the very definition of a bubble, and they have created it, most likely willfully to keep you, the people, spending money you shouldn’t have on things you in reality cannot afford.
So, now, what will happen when interest rates goes up (which they haft to) and the central bank withdraw money from the system? That’s right, crash boom and smash. If you/we/they are lucky, the defaulting levels (people not being able to pay back) just goes up a few percentage and the banks have counted on this and manage to stay floating. But think about that for a moment, is that very plausible? Is that best case scenario really how this will turn out? Are the banks really good at math and knows how to handle money?
And please remember, the housing market is not the only market, it’s not alone and standing by itself, it’s a part of the whole economic system. In other words to really find out how things are progressing with the economy and this bubbles future, one needs to take a look around. Use the same basic concept of economics above and apply it to more markets. The math doesn’t tell lies, our politicians and most of the mainstream economists always lies, or do not know what they are talking about.
Mark my words, the absolute worst thing you can do right now is taking out a mortgage and buy a house. It is not a good idea even if you get a very good deal with very low interest rates. It is the worst possible timing of buying you can ever find. However, if you are able to sell, do it. Don’t wait; the number of morons buying will decline sooner or later. It does not matter if prices goes up another couple of percent, now is the time to sell. Renting is often less costly anyway, why have all your money tied up in a house or apartment when you could make better use of them?
Tuesday, September 15, 2009
A real journalist
Before you say or think anything, I know Fox also have their own agenda, and Glenn Beck isn’t really someone I always hold up as someone to follow. Beck is sometimes wrong; he is too much of a buffoon or is clowning around more than needed. As with all news stations or journalists, one can find faults and so on.
Also, you may regard me, this news station, Beck or whatever as radical conservative scum, fascists, neoliberal asses or anything else you might think.
However, there are two things you need to acknowledge Beck for; 1) trying to find stories i.e. doing ACTUAL JOURNALISM!
2) And not being afraid to tell those stories.
This is one of very few real journalists there are. You may think he is wrong, have an agenda or trying to go over the top sometimes, but he actually do the job that all journalists should do. If all reporters and all those people claiming to want to give us news actually did their work, this world would be a much better place. In this aspect Beck is someone to follow.
Please watch and really ask yourself the same questions as Beck does, the questions being asked are relevant even if you have an opposite political view. Also, how much of this have you heard in your country? It’s not only American news stations doing the silence thing…
Also, you may regard me, this news station, Beck or whatever as radical conservative scum, fascists, neoliberal asses or anything else you might think.
However, there are two things you need to acknowledge Beck for; 1) trying to find stories i.e. doing ACTUAL JOURNALISM!
2) And not being afraid to tell those stories.
This is one of very few real journalists there are. You may think he is wrong, have an agenda or trying to go over the top sometimes, but he actually do the job that all journalists should do. If all reporters and all those people claiming to want to give us news actually did their work, this world would be a much better place. In this aspect Beck is someone to follow.
Please watch and really ask yourself the same questions as Beck does, the questions being asked are relevant even if you have an opposite political view. Also, how much of this have you heard in your country? It’s not only American news stations doing the silence thing…
The true story of our appending doom – Part I
During the last two hundred years or so, there has been a massive transference of belief. We have gone from being a God-fearing people living under the assumption that the aristocracy and hierarchy is the natural order of things, over to believing in equal rights and democracy, but then back again to the same principle of monocracy.
The awakening that came with the industrial revolution and capitalism gave us both the means to produce enough for all humans and the morality of individual freedom. But out of the golden age of humankind we slowly, but surely, headed back to those structures of collectivism and autocracy we almost, for a brief moment, had left behind.
The power structure today has other names and within resides other titles, but the inherent evil as well as the strive for power, control and money is the same. The old monarchs started giant building projects to keep the populace with jobs, give people a sense of pride and to fulfill some phallic dream of that particular ruler. Today’s monarchs do the exact same thing, only now disguised under the “consent” of the people whom have voted, directly or indirectly, for that particular project.
Whereas a king would have built an opera openly for the court and elitists, today’s elected rulers also build similar structures while subsidizing the price slightly with the notion that the common man might be let in. However, clothing rules, high unemployment and the social structure makes the same elitists and elected officials (the court) the main visitors, but to a lower price since “everyone” is paying for it.
In every civilization, there is a very thin upper branch of elitists who are concerned with questions of morality, truth, justice, and the divine plan. In other words, why we exist and who is supposed to do what to whom in order to gain the perfect society. Historically, such “thinkers” have tended to believe these ultimate and conjured up ethical values have a claim on every man. ‘For the common good’ – is today the normal phrased used to protect this elitist way of thinking. However slim the top dogs group is, they are always accompanied with a tail of followers that support and argue for the agenda trickling down. Ruling all of them are politicians or the monarch. Loosely tied to this larger group of top elitists and elitist-wannabees are another bunch of people whom, to an large degree, is dependent on them in order to gain the upper hand in different areas such as business or religion. All in all, this entire cluster of elitists, magnates and “thinkers” make up the horde of people I usually entitle ‘the enemy class’.
This ‘class’ is consistent of those that not only sit on much of the power, but also are very dependent of each other. Politicians need journalists to write about their projects and well-meaning programs, journalists need politicians to gain more readers or trick more viewers to tune in at evening. Industry leaders need subsidized land to build factories on in addition to many other things politicians can hand them, courtesy of tax money. Politicians on the other hand need more jobs they can claim their little agreement with the magnate in question produced and rubbing elbows with other high and mighty is a good way of assure their own future if they chose (or get forced) to leave politics. All the “thinkers” i.e. university lecturers, story-tellers, philosophers, economists and so forth are often enough employed by government or the magnates which any monkey can figure out makes them accomplices. The strings in-between are many more, for instance marriage to secure titles, money and peace are as common today as back in the middle ages, and there are many more, but to write about all of those would take entire books to unravel.
What people need to understand about this little expose into the power elite structure is three things:
1) The conspiracists have it right, at least to a point.
The power elitists exist and they do have an agenda, they do conspire to gain benefits, and they a lot to lose when found out. However, this does not really mean it’s always a master plan behind it; it’s more how the structure is built. This power in the hands of our rulers comes with the system and so does the means to contain and keep that power.
2) Keeping the Authority.
These people, although, as said, not really deliberately planning for it, will always use all their authority to keep the system as it is. This means that it does not matter if the rulers happen to be left or right in politics, it does not matter who is Prime Mentalist or which news station is reporting what, the status que is kept in any case.
3) The ones who really are to blame are the voters.
This because most voters buy the sales-pitch the elitists masterfully put together. Vote right and you get lower taxes and lower benefits, the opposite if you vote left, but what always stays the same is the power structure. And over time all parties becomes state-lovers, or rather power-lovers. A party needs to stay in power to have power consequently all political parties need to make good use of the power the voters so willingly hands them.
In conclusion you are fooled. Fooled to believe your vote matters, it doesn’t. Fooled to believe it matters what face is selling you the lies. It may be a black man, a Hispanic woman or a rich white guy, it don’t matter. Who sits in office only affects those closest to power and there may be a prestige thing, but for regular Joe’s, it hardly has any impact. You are also fooled into believing in things like religion, war on drugs, war on terror or that equality only can be created through and off the governments say so.
They have even managed to convince people that monitoring and controlling the internet will save children from being molested or that hunting down youngsters downloading movies is a way of saving business. The lies being told from the enemy class is very often simple to see and understand, which means they need to be covertly sold through notions of solidarity, justice and rights-issues. There isn’t a single government project that cannot be defended with reasons of “saving the poor” or “helping the elderly”, and you, the voters buy it all.
In the broadest meaning of the word “socialism” that is the road we are on, but more accurately it’s a lighter form of fascism. Big corporations mixed with power seeking politicians and all their friends in-twined within an oligarchy aimed to contain and keep the power is very close to the economic model of fascism. So all that’s really needed is that racial and nationalistic vein, and, of course, you can find lots of that too. Just stop and think about it for a moment, what are all politicians really saying all the time? It’s us against them is what they are saying. And it doesn’t need to be as obvious as white against black or Arians against Jews; it can be females against males, one school against the other or even your neighbor against you. And nationalism is always present in one form or the other.
It’s like every politician wants to be advocating capitalism, but with large doses of socialism injected now and again, everything designed to keep the power structure intact.
And how do they manage to keep it all together? With the help of FEAR.
Fear is the main driving force behind everything you let them do to you. And the government is always the solution. There are pedophiles online? Government to the rescue. Red Bull may or may not cause problems? Let's bann it. You cannot find a job? Government can fix that. Terrorist attack? The government can throw some bombs around and create new laws to make you safe. The economy crashing? The government has an endless supply of money to save us all. Too many Muslims in your town living on benefits? Vote for me, I’ll stop them at the border. And aren’t Muslims all fanatics wanting to bomb you? Let’s build a mosque for them showing our understanding at the same time we complain about their child-brides and bomb their native countries. How about those industry leaders? Aren’t they rich enough and keep making all people unemployed? Let’s give them free stuff, cut their taxes and help them out at the same time as we complain about them to the media.
Politicians play Pied Piper to the masses. And people see no danger in following, thinking only to receive “free” goodies from the State. Always. Forever. The never ending supply of free stuff handing down to us from above is celebrated by media as “progressive”, big business is jumping along singing to the tune and everything is sold with pink shimmering clouds of happiness while the alternatives are painted black and the scare-mongering is drummed out by “thinkers” and journalists. All the while we are all headed for that abyss up ahead, cheerfully we dance closer and closer. Some people fall over, another economic crash happens, another terrorist attack hits, but we continue to swallow the lies, even cheering our elitists on while more people drop down towards their doom.
Can we stop?
Do we want to stop?
If you really ask those kinds of questions and really answer them truthfully, the answer is always NO. This is the background reason, the main foundation and the continuous predicament that gave us the great depression, both world wars and all the other stupidities since then. This is also the main reason why we are in a recession and why there will continue to be recessions and why it will only keep getting worse and worse.
Sometimes we will take one or two steps in another direction, but that’s only temporarily.
How many of you can really claim to be free today? How many rights do you really have that no one can take away from you? I cannot think of a single one, so, in essence we are mindless drones at best, pure slaves willing to die at the hands of the enemy class at worse.
The awakening that came with the industrial revolution and capitalism gave us both the means to produce enough for all humans and the morality of individual freedom. But out of the golden age of humankind we slowly, but surely, headed back to those structures of collectivism and autocracy we almost, for a brief moment, had left behind.
The power structure today has other names and within resides other titles, but the inherent evil as well as the strive for power, control and money is the same. The old monarchs started giant building projects to keep the populace with jobs, give people a sense of pride and to fulfill some phallic dream of that particular ruler. Today’s monarchs do the exact same thing, only now disguised under the “consent” of the people whom have voted, directly or indirectly, for that particular project.
Whereas a king would have built an opera openly for the court and elitists, today’s elected rulers also build similar structures while subsidizing the price slightly with the notion that the common man might be let in. However, clothing rules, high unemployment and the social structure makes the same elitists and elected officials (the court) the main visitors, but to a lower price since “everyone” is paying for it.
In every civilization, there is a very thin upper branch of elitists who are concerned with questions of morality, truth, justice, and the divine plan. In other words, why we exist and who is supposed to do what to whom in order to gain the perfect society. Historically, such “thinkers” have tended to believe these ultimate and conjured up ethical values have a claim on every man. ‘For the common good’ – is today the normal phrased used to protect this elitist way of thinking. However slim the top dogs group is, they are always accompanied with a tail of followers that support and argue for the agenda trickling down. Ruling all of them are politicians or the monarch. Loosely tied to this larger group of top elitists and elitist-wannabees are another bunch of people whom, to an large degree, is dependent on them in order to gain the upper hand in different areas such as business or religion. All in all, this entire cluster of elitists, magnates and “thinkers” make up the horde of people I usually entitle ‘the enemy class’.
This ‘class’ is consistent of those that not only sit on much of the power, but also are very dependent of each other. Politicians need journalists to write about their projects and well-meaning programs, journalists need politicians to gain more readers or trick more viewers to tune in at evening. Industry leaders need subsidized land to build factories on in addition to many other things politicians can hand them, courtesy of tax money. Politicians on the other hand need more jobs they can claim their little agreement with the magnate in question produced and rubbing elbows with other high and mighty is a good way of assure their own future if they chose (or get forced) to leave politics. All the “thinkers” i.e. university lecturers, story-tellers, philosophers, economists and so forth are often enough employed by government or the magnates which any monkey can figure out makes them accomplices. The strings in-between are many more, for instance marriage to secure titles, money and peace are as common today as back in the middle ages, and there are many more, but to write about all of those would take entire books to unravel.
What people need to understand about this little expose into the power elite structure is three things:
1) The conspiracists have it right, at least to a point.
The power elitists exist and they do have an agenda, they do conspire to gain benefits, and they a lot to lose when found out. However, this does not really mean it’s always a master plan behind it; it’s more how the structure is built. This power in the hands of our rulers comes with the system and so does the means to contain and keep that power.
2) Keeping the Authority.
These people, although, as said, not really deliberately planning for it, will always use all their authority to keep the system as it is. This means that it does not matter if the rulers happen to be left or right in politics, it does not matter who is Prime Mentalist or which news station is reporting what, the status que is kept in any case.
3) The ones who really are to blame are the voters.
This because most voters buy the sales-pitch the elitists masterfully put together. Vote right and you get lower taxes and lower benefits, the opposite if you vote left, but what always stays the same is the power structure. And over time all parties becomes state-lovers, or rather power-lovers. A party needs to stay in power to have power consequently all political parties need to make good use of the power the voters so willingly hands them.
In conclusion you are fooled. Fooled to believe your vote matters, it doesn’t. Fooled to believe it matters what face is selling you the lies. It may be a black man, a Hispanic woman or a rich white guy, it don’t matter. Who sits in office only affects those closest to power and there may be a prestige thing, but for regular Joe’s, it hardly has any impact. You are also fooled into believing in things like religion, war on drugs, war on terror or that equality only can be created through and off the governments say so.
They have even managed to convince people that monitoring and controlling the internet will save children from being molested or that hunting down youngsters downloading movies is a way of saving business. The lies being told from the enemy class is very often simple to see and understand, which means they need to be covertly sold through notions of solidarity, justice and rights-issues. There isn’t a single government project that cannot be defended with reasons of “saving the poor” or “helping the elderly”, and you, the voters buy it all.
In the broadest meaning of the word “socialism” that is the road we are on, but more accurately it’s a lighter form of fascism. Big corporations mixed with power seeking politicians and all their friends in-twined within an oligarchy aimed to contain and keep the power is very close to the economic model of fascism. So all that’s really needed is that racial and nationalistic vein, and, of course, you can find lots of that too. Just stop and think about it for a moment, what are all politicians really saying all the time? It’s us against them is what they are saying. And it doesn’t need to be as obvious as white against black or Arians against Jews; it can be females against males, one school against the other or even your neighbor against you. And nationalism is always present in one form or the other.
It’s like every politician wants to be advocating capitalism, but with large doses of socialism injected now and again, everything designed to keep the power structure intact.
And how do they manage to keep it all together? With the help of FEAR.
Fear is the main driving force behind everything you let them do to you. And the government is always the solution. There are pedophiles online? Government to the rescue. Red Bull may or may not cause problems? Let's bann it. You cannot find a job? Government can fix that. Terrorist attack? The government can throw some bombs around and create new laws to make you safe. The economy crashing? The government has an endless supply of money to save us all. Too many Muslims in your town living on benefits? Vote for me, I’ll stop them at the border. And aren’t Muslims all fanatics wanting to bomb you? Let’s build a mosque for them showing our understanding at the same time we complain about their child-brides and bomb their native countries. How about those industry leaders? Aren’t they rich enough and keep making all people unemployed? Let’s give them free stuff, cut their taxes and help them out at the same time as we complain about them to the media.
Politicians play Pied Piper to the masses. And people see no danger in following, thinking only to receive “free” goodies from the State. Always. Forever. The never ending supply of free stuff handing down to us from above is celebrated by media as “progressive”, big business is jumping along singing to the tune and everything is sold with pink shimmering clouds of happiness while the alternatives are painted black and the scare-mongering is drummed out by “thinkers” and journalists. All the while we are all headed for that abyss up ahead, cheerfully we dance closer and closer. Some people fall over, another economic crash happens, another terrorist attack hits, but we continue to swallow the lies, even cheering our elitists on while more people drop down towards their doom.
Can we stop?
Do we want to stop?
If you really ask those kinds of questions and really answer them truthfully, the answer is always NO. This is the background reason, the main foundation and the continuous predicament that gave us the great depression, both world wars and all the other stupidities since then. This is also the main reason why we are in a recession and why there will continue to be recessions and why it will only keep getting worse and worse.
Sometimes we will take one or two steps in another direction, but that’s only temporarily.
How many of you can really claim to be free today? How many rights do you really have that no one can take away from you? I cannot think of a single one, so, in essence we are mindless drones at best, pure slaves willing to die at the hands of the enemy class at worse.
Monday, September 14, 2009
another pretty smart person
I still thinks this man is to positive, but this is still yet another voice saying and warning about what's to come...
I want to sell sex again
I have been thinking about this for a long while now, I even got as far in my plans some years ago that I started a website and planed my price-list. Now I’m contemplating it again and if someone wants, come with an offer.
I have actually sold sex before, and bought it since I together with several of my old girlfriends bought sex from each other. I have also offered some compensation or demanded it after a couple of one-nighters, just for the fun of it.
Apparently as few as 1.7% of people between 16 and 25 in Sweden have sold sex. I find this kind of a boring number; it should be a lot higher. Come on people! It’s a good way to earn extra money, get to know interesting people and hand out a couple of fuck-you’s to the man. And if you are a student, ignore those stupid loans, get a job at a strip-club or sell yourself online instead, much better and no loan hanging over your head in the future.
A law that tells you that your body and your choices belong to the state is an unjust stupidity you never should obey.
I urge you all to pay your husband, wife, boyfriend or casual partner. It can be a penny or two; the gesture is the important part. I would also urge you to do what I have done on a couple of occasions, go to the police and confess to this “crime”. If all you people out there that believe, as I do, that who you chose to fuck with and under which circumstances this happens, is your business, and no one else’s, do this all the time, the oppressive and contra productive law becomes useless.
So please remember, insist on payment for every sex-act, no matter what age you are or who your partner is.
I have actually sold sex before, and bought it since I together with several of my old girlfriends bought sex from each other. I have also offered some compensation or demanded it after a couple of one-nighters, just for the fun of it.
Apparently as few as 1.7% of people between 16 and 25 in Sweden have sold sex. I find this kind of a boring number; it should be a lot higher. Come on people! It’s a good way to earn extra money, get to know interesting people and hand out a couple of fuck-you’s to the man. And if you are a student, ignore those stupid loans, get a job at a strip-club or sell yourself online instead, much better and no loan hanging over your head in the future.
A law that tells you that your body and your choices belong to the state is an unjust stupidity you never should obey.
I urge you all to pay your husband, wife, boyfriend or casual partner. It can be a penny or two; the gesture is the important part. I would also urge you to do what I have done on a couple of occasions, go to the police and confess to this “crime”. If all you people out there that believe, as I do, that who you chose to fuck with and under which circumstances this happens, is your business, and no one else’s, do this all the time, the oppressive and contra productive law becomes useless.
So please remember, insist on payment for every sex-act, no matter what age you are or who your partner is.
China VS USA - can only end in one way...
I have been looking for more protectionist measures being taken, that’s the normal way for our elitists to react to major economic problems, and so even if protectionism have been increasing during this crisis, the actions taken haven’t yet reached those levels I expected. However, one can always count on the Obamination to make a bad situation worse.
European and Asian markets fell on Monday, shaken by news of a trade dispute between the US and China over tariffs on tyres. The US decision to impose trade penalties on Chinese tyres infuriated Beijing, which condemned the move as protectionist and said it violated global trade rules. I think this is fantastic fun. It’s idiotic, stupid and very dangerous, but hilarious none the less.
And China, feeling that they had to retaliate with their own stupidity announced some mumbo jumbo about US auto, and chicken imports. We already know that the French idiots are just looking for an excuse to “protect” their industries, and since there are a lot of mad people ruling all over, this China US thing might very well be the start of the next downhill spiral.
As I have written before, the similarities between this depression and the “great one” 80 years ago, are staggering, so more protectionism was expected and it will continue to grow, but will not be really bad until next year when the reality is starting to sink in and our politicians feel the urge to do something loony again.
Let’s recap for a moment shall we. China is the main lender to the US, and China is the main purchaser of US treasury bonds hence very important to the US economy and without China its very unlikely that the American administration could have launch such a massive deficit to “stimulate” the economy. Most of the Chinese stake in the US is in the currency, the USD. Currently China has started to diverse itself from dollars, buying other currencies and gold instead. So far this move has been kind of slow to not upset the world markets or the value of the dollar, however, now appears this “thank you” from the US government...
But the Obamination isn’t really happy only pissing of a billion plus Chinese, he also continues his campaign against the financial market. Blaming greed and calling for more restrictions. That his entire staff consists of people direct from Wall Street whom are profiting from the crisis is, however, a silence factor not to speak of. That too much government and too many regulations created the crisis isn’t either mentioned. And while the small dealer Madoff goes to jail, the biggest crocks roam free.
Barack Obama is already the worst president in US history. From one madman to an even worse one.
Yes, our future looks very interesting indeed…
European and Asian markets fell on Monday, shaken by news of a trade dispute between the US and China over tariffs on tyres. The US decision to impose trade penalties on Chinese tyres infuriated Beijing, which condemned the move as protectionist and said it violated global trade rules. I think this is fantastic fun. It’s idiotic, stupid and very dangerous, but hilarious none the less.
And China, feeling that they had to retaliate with their own stupidity announced some mumbo jumbo about US auto, and chicken imports. We already know that the French idiots are just looking for an excuse to “protect” their industries, and since there are a lot of mad people ruling all over, this China US thing might very well be the start of the next downhill spiral.
As I have written before, the similarities between this depression and the “great one” 80 years ago, are staggering, so more protectionism was expected and it will continue to grow, but will not be really bad until next year when the reality is starting to sink in and our politicians feel the urge to do something loony again.
Let’s recap for a moment shall we. China is the main lender to the US, and China is the main purchaser of US treasury bonds hence very important to the US economy and without China its very unlikely that the American administration could have launch such a massive deficit to “stimulate” the economy. Most of the Chinese stake in the US is in the currency, the USD. Currently China has started to diverse itself from dollars, buying other currencies and gold instead. So far this move has been kind of slow to not upset the world markets or the value of the dollar, however, now appears this “thank you” from the US government...
But the Obamination isn’t really happy only pissing of a billion plus Chinese, he also continues his campaign against the financial market. Blaming greed and calling for more restrictions. That his entire staff consists of people direct from Wall Street whom are profiting from the crisis is, however, a silence factor not to speak of. That too much government and too many regulations created the crisis isn’t either mentioned. And while the small dealer Madoff goes to jail, the biggest crocks roam free.
Barack Obama is already the worst president in US history. From one madman to an even worse one.
Yes, our future looks very interesting indeed…
Sunday, September 13, 2009
44 is the magic number
Apparently the number of breast cancer cases among females is going up among those being pregnant. A main reason for this, being stated, is higher age, today, for women when having babies then previous generations. This according to Swedish newspapers that is quoting an ongoing investigation being made by Karolinska University Hospital and the Regional Oncologic Center. I’m too tired and a bit sick from some flu to do a really in-depth investigation into these claims, but I hope someone else does it. However, only looking at the presented data we can draw some interesting facts. Bear in mind, I’m no doctor; I’m only looking at the presented data.
The survey have looked at 16 620 cases of breast cancer between the ages of 15-40 under a 40-year period (1963-2002), from which 1 161 was extracted as cases emerging under or during a period of 2 years after being pregnant. According to what we are being told the number have increased from 16 out of 100 000 to a staggering 37 during the mentioned period.
Firstly, if you got scared from those numbers or the headline in the papers, you should know that it’s very uncommon for females below 40y old to attract breast cancer. Less than 10% of all cancer cases are younger than 45 years old. In other words, the older you get the higher risk of breast cancer. This also states that the older you are when doing the nasty in order to produce an offspring; the more are you at risk. Not because of the child bearing, but because of the age thing.
I also read through the summary of the report and strangely enough, the number of cancer cases among pregnant females and directly after the pregnancy is significantly less than women at the same age not carrying around a lump in the stomach. Mm… why didn’t the news tell us that?
This, if true, is great news and if you wanna reduce the risk of cancer the report seems to suggest that getting and staying pregnant is the best remedy. Although it should be pointed out that it’s harder to diagnose during pregnancy, so there is a margin of error. However, we can state that even if there has been an increase in total, it is still better to be baking in the oven, then not. Or, in my interpretation, we need to fuck much much more.
But back to the presented numbers we can also conclude that the risk, 7 years ago, mathematically speaking, is:
37/100 000= 0.037%
This increase from 0.016% - presumably back in 1963
But couldn’t the increased risk be dependent on, oh, let’s say, better equipment? Better understanding of the sickness? Better trained doctors? Better information available? It is hard to imagine that we under 40 years haven’t developed some or all of this things into something better. Although, we are talking public healthcare, so one never knows… But I couldn’t find out if such things were included in this survey, which makes me conclude they were not taking into account, and if they weren’t; totally speaking, I would state that this concluded risk-increase is far less.
In other words:
If you wanna reduce the risk of breast cancer, get pregnant.
The increased risk, if my assumption holds, is not as big as we are being told
If you want to minimize the risk of getting breast cancer, better not go beyond 45 years old. So for you ladies out there at the horrifying age of 44, you might wanna start looking at euthanasia, otherwise you may die…
The survey have looked at 16 620 cases of breast cancer between the ages of 15-40 under a 40-year period (1963-2002), from which 1 161 was extracted as cases emerging under or during a period of 2 years after being pregnant. According to what we are being told the number have increased from 16 out of 100 000 to a staggering 37 during the mentioned period.
Firstly, if you got scared from those numbers or the headline in the papers, you should know that it’s very uncommon for females below 40y old to attract breast cancer. Less than 10% of all cancer cases are younger than 45 years old. In other words, the older you get the higher risk of breast cancer. This also states that the older you are when doing the nasty in order to produce an offspring; the more are you at risk. Not because of the child bearing, but because of the age thing.
I also read through the summary of the report and strangely enough, the number of cancer cases among pregnant females and directly after the pregnancy is significantly less than women at the same age not carrying around a lump in the stomach. Mm… why didn’t the news tell us that?
This, if true, is great news and if you wanna reduce the risk of cancer the report seems to suggest that getting and staying pregnant is the best remedy. Although it should be pointed out that it’s harder to diagnose during pregnancy, so there is a margin of error. However, we can state that even if there has been an increase in total, it is still better to be baking in the oven, then not. Or, in my interpretation, we need to fuck much much more.
But back to the presented numbers we can also conclude that the risk, 7 years ago, mathematically speaking, is:
37/100 000= 0.037%
This increase from 0.016% - presumably back in 1963
But couldn’t the increased risk be dependent on, oh, let’s say, better equipment? Better understanding of the sickness? Better trained doctors? Better information available? It is hard to imagine that we under 40 years haven’t developed some or all of this things into something better. Although, we are talking public healthcare, so one never knows… But I couldn’t find out if such things were included in this survey, which makes me conclude they were not taking into account, and if they weren’t; totally speaking, I would state that this concluded risk-increase is far less.
In other words:
If you wanna reduce the risk of breast cancer, get pregnant.
The increased risk, if my assumption holds, is not as big as we are being told
If you want to minimize the risk of getting breast cancer, better not go beyond 45 years old. So for you ladies out there at the horrifying age of 44, you might wanna start looking at euthanasia, otherwise you may die…
You are going to die! Part XXXI
A Catholic who believed his prayers were answered when he was rescued from a lift was killed when he went to church to give thanks and the stone altar fell on him.
Gunther Link, 45, died instantly as he was crushed under the ancient 860lb (200-kilo) monument at the Weinhaus Church yard in Vienna-Währing. Link's body was found by parishioners attending Mass the next day after he had been reported missing by his cousin.
Police spokesman Roman Hahslinger said foul play had been ruled out and fingerprints on the shrine had revealed the man had touched it before it fell.
This is just another way to go. At any moment your time may be up. Falling ice-blocks from houses, plunging down the stairs, hitting your head against the pavement and drowning in a puddle of water are just some other hilarious and pretty common ways to get to shake hands with the Grim Reaper. No matter what effigy you pray to, no matter what country, no matter what your age, you are going to die. It’s just a matter of time, place and how.
Just make sure, before you go, that you sell those stacks of gay amputee porn so not causing your spouse or mother to have a heart attack.
Gunther Link, 45, died instantly as he was crushed under the ancient 860lb (200-kilo) monument at the Weinhaus Church yard in Vienna-Währing. Link's body was found by parishioners attending Mass the next day after he had been reported missing by his cousin.
Police spokesman Roman Hahslinger said foul play had been ruled out and fingerprints on the shrine had revealed the man had touched it before it fell.
This is just another way to go. At any moment your time may be up. Falling ice-blocks from houses, plunging down the stairs, hitting your head against the pavement and drowning in a puddle of water are just some other hilarious and pretty common ways to get to shake hands with the Grim Reaper. No matter what effigy you pray to, no matter what country, no matter what your age, you are going to die. It’s just a matter of time, place and how.
Just make sure, before you go, that you sell those stacks of gay amputee porn so not causing your spouse or mother to have a heart attack.
Saturday, September 12, 2009
Banksters as genital warts
It always disturbs me when journalists write about something and only report about the, from above, given explanation. It’s like having genital warts but ignoring both the reason for it and what to do about it. Instead of rubbing on some cream, take the pills, visit a doctor or start an investigation why those warts popped up in the first place, you only conclude you have warts. In the meanwhile you keep on doing unmentionable things to prepubescent Altar Boys, to the mailbox or whatever rocks your boat, leaving the disease to work its magic throughout your body.
One such example of ignoring the surrounding facts, the real background story and the real solution to a problem is when papers write about our current economic depression. The people that are supposed to monitor the elitists, report about wrongdoers in the administration and give the general public knowledge on what’s going on, are instead refusing to dig into stories. Even worse than that, they hide facts, they cover up the really juicy bits and refuse to give any alternative explanation.
I have already covered several such examples, but there are more of those that need to be looked at.
For example one Swedish paper writes about the Lehman Brothers today and, among other things, claims that when this financial institutes crashed it was the real beginning that kicked off our economic predicament. This is a false statement, but clearly one of those fabrications our enemies wants us to believe in since I have read similar cover stories in other papers. The problems where created long before and so many events took place before Lehman brothers went down, that this particular event is rather a miniscule stone on a road filled with gaping holes.
The paper in question also mentions AIG, Goldman Sachs and quotes Timothy Geithner, the US treasury secretary, one of those behind the plot to save AIG, and one of those behind letting Lehman Brothers go out of business. This wasn’t strange or had anything to do making tough choices; it was pure greed-calculations, nothing else. Look at the people in the Obama administration, its pure Wall Street and do you know from what firm these lobbyists mainly come? Goldman Sachs. How about that?
Henry Paulsen, former CEO of Goldman Sachs, was the one that decided to let Bern Stearns fail, a major competitor of Goldman Sachs. Lloyd Blankfein, Chief executive of Goldman Sachs, together with Henry Paulsen then decided to bail-out AIG for $85bn, the biggest payout of $12.9bn from AIG after this bail-out went to… *drum roll*… Goldman Sachs! And this just a couple of days after the same people deciding to not bail-out Lehman Brothers, the biggest competitor of Goldman Sachs.
Steven Friedman, former chairman Goldman Sachs, now at Federal Reserve, had the task of overseeing Goldman Sachs. And do you know what Friedman did during his “overseeing”? He bought 52000 shares in this company he was elected to oversee, and earned $3 million in the process. Mark Paterson, Goldman Sachs lobbyist, is chief of staff of Timothy Geithner. And the list just goes on and on.
In how many papers have you read this?
But this scheme does not stop there, Goldman Sachs got a huge bail-out from the Government they paid back just months later, because suddenly, with less competitors and tunneled money from AIG they were making money again.
And this is just one example, there are many more and no journalists are writing or talking about it. This is theft, robbery, and systematic fraud. It’s the biggest bank-heist of all time and it makes criminals like Bernard Madoff looking like a shoplifter.
You cannot make this stuff up, it goes beyond cartoonish. No arch-enemy of any superhero could have come up with a more sinister plan. And this is the main reason for fiscal conservatives, libertarians and lots of other groups going out in masses rallying. People that haven’t demonstrated their entire life are waking up.
You might think this is bad, and it is, but the worst thing about this whole scheme isn’t the frauds or the thievery, it’s not even the fact that American taxpayers are writing the checks. The worst thing about this whole mess is that the basic faults, the very foundation of this crisis still remains. There are still different swaps going on. Financial institutes are still buying troubled assets, exchanging defaulting housing loans and propping up each other’s stock values and this time around it’s much worse since all that money comes from the government and it’s only consistent of air. And this is why the stock market is going up! Its phantom money - the American government has used the printing machine to bail-out their banking buddies and the banksters in turn are creating massive amounts of fictive values while the main problems still lurks behind the scene. It’s a bubble of massive proportions that WILL BURST. The math doesn’t tell lies.
If you don’t believe me, take a look at the US banks that have failed so far, well over 80 of them by now. Every single one of those banks have been written down (sometimes with over 50%!) because there is only air in the numbers, no real value. And how many of these tricksters and fraudulent thieves are incarcerated? None of them! In the meanwhile the government is overcrowding jails with harden criminals like pot-smokers and file-sharers. To me it’s a wonder that the American people isn’t shooting at officials, storming the capital building and stringing up banksters on lampposts all along Wall Street.
As this crisis rages on, which it does, no matter what journalists write or politicians say, sooner or later those next crashes will hit and when they do, no matter if it’s a month or a year from now, it will change the US and the World forever, but you will not see any reporters say that, because they are too busy listening to the man.
One such example of ignoring the surrounding facts, the real background story and the real solution to a problem is when papers write about our current economic depression. The people that are supposed to monitor the elitists, report about wrongdoers in the administration and give the general public knowledge on what’s going on, are instead refusing to dig into stories. Even worse than that, they hide facts, they cover up the really juicy bits and refuse to give any alternative explanation.
I have already covered several such examples, but there are more of those that need to be looked at.
For example one Swedish paper writes about the Lehman Brothers today and, among other things, claims that when this financial institutes crashed it was the real beginning that kicked off our economic predicament. This is a false statement, but clearly one of those fabrications our enemies wants us to believe in since I have read similar cover stories in other papers. The problems where created long before and so many events took place before Lehman brothers went down, that this particular event is rather a miniscule stone on a road filled with gaping holes.
The paper in question also mentions AIG, Goldman Sachs and quotes Timothy Geithner, the US treasury secretary, one of those behind the plot to save AIG, and one of those behind letting Lehman Brothers go out of business. This wasn’t strange or had anything to do making tough choices; it was pure greed-calculations, nothing else. Look at the people in the Obama administration, its pure Wall Street and do you know from what firm these lobbyists mainly come? Goldman Sachs. How about that?
Henry Paulsen, former CEO of Goldman Sachs, was the one that decided to let Bern Stearns fail, a major competitor of Goldman Sachs. Lloyd Blankfein, Chief executive of Goldman Sachs, together with Henry Paulsen then decided to bail-out AIG for $85bn, the biggest payout of $12.9bn from AIG after this bail-out went to… *drum roll*… Goldman Sachs! And this just a couple of days after the same people deciding to not bail-out Lehman Brothers, the biggest competitor of Goldman Sachs.
Steven Friedman, former chairman Goldman Sachs, now at Federal Reserve, had the task of overseeing Goldman Sachs. And do you know what Friedman did during his “overseeing”? He bought 52000 shares in this company he was elected to oversee, and earned $3 million in the process. Mark Paterson, Goldman Sachs lobbyist, is chief of staff of Timothy Geithner. And the list just goes on and on.
In how many papers have you read this?
But this scheme does not stop there, Goldman Sachs got a huge bail-out from the Government they paid back just months later, because suddenly, with less competitors and tunneled money from AIG they were making money again.
And this is just one example, there are many more and no journalists are writing or talking about it. This is theft, robbery, and systematic fraud. It’s the biggest bank-heist of all time and it makes criminals like Bernard Madoff looking like a shoplifter.
You cannot make this stuff up, it goes beyond cartoonish. No arch-enemy of any superhero could have come up with a more sinister plan. And this is the main reason for fiscal conservatives, libertarians and lots of other groups going out in masses rallying. People that haven’t demonstrated their entire life are waking up.
You might think this is bad, and it is, but the worst thing about this whole scheme isn’t the frauds or the thievery, it’s not even the fact that American taxpayers are writing the checks. The worst thing about this whole mess is that the basic faults, the very foundation of this crisis still remains. There are still different swaps going on. Financial institutes are still buying troubled assets, exchanging defaulting housing loans and propping up each other’s stock values and this time around it’s much worse since all that money comes from the government and it’s only consistent of air. And this is why the stock market is going up! Its phantom money - the American government has used the printing machine to bail-out their banking buddies and the banksters in turn are creating massive amounts of fictive values while the main problems still lurks behind the scene. It’s a bubble of massive proportions that WILL BURST. The math doesn’t tell lies.
If you don’t believe me, take a look at the US banks that have failed so far, well over 80 of them by now. Every single one of those banks have been written down (sometimes with over 50%!) because there is only air in the numbers, no real value. And how many of these tricksters and fraudulent thieves are incarcerated? None of them! In the meanwhile the government is overcrowding jails with harden criminals like pot-smokers and file-sharers. To me it’s a wonder that the American people isn’t shooting at officials, storming the capital building and stringing up banksters on lampposts all along Wall Street.
As this crisis rages on, which it does, no matter what journalists write or politicians say, sooner or later those next crashes will hit and when they do, no matter if it’s a month or a year from now, it will change the US and the World forever, but you will not see any reporters say that, because they are too busy listening to the man.
Thursday, September 10, 2009
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