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The People have Shown Their Strength 29:49
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Recent activities

jaeger replied to the topic Re: Climate Change conference in 2015 in the forums.
And on that note I rest my case. Thanks for the dialogue.
12:28 AM
jaeger wrote:
Sigh...please go reread my 28.1.2015.22:06 post. It says: 'Search on "atmospher" to satisfy the specialization criteria'. You can also search on "climat". You'll find > 100 hits in total between the two searches.

Oh, so you provide me with a 2 post list without source, except that it's a "Wikipedia list". And then tell me to search on "atmospher" and you I suppose you consider that research on your end or proof of something?

1. It's the Wikipedia which sometimes has good information, sometimes is entertaining, and sometimes even has links to good sources; rarely is is considered proof in of itself. Although, from time to time, I'll admit I'll use it as backing material (ie I have one source of information and the Wiki provides more information) or it's basic information (ie. what is GDP).
2. You spelled "atmosphere" wrong, which is a bad start to a "search". And in any case, why should I take a list of hundreds (thousands?) of people and research if they meet YOUR requirements.

In case you forgot already.

RRoush, I'd like to see an initial list of just one hundred credentialled climatologists (not geologists, not physicists, not chemists, nothing but credentialled climatologists, i.e. with climate or atmosphere or their derivations in their credentials) who are anti-AGW.

That requirement is pretty specific. And yet you gave me back a list that included within the first 10, and Information Management specialist, Ecologists, Biologists, Civil Engineer, Geologist, a "crop and soil scientist", and some guy that said he was a "G-Force". All with in the first 10 people on your list.

Then in defense of your list, you say that *I* should have done a search on "atmoshper" or even "climat" and it would have cleared things up for me???!?!?!?!

That's the logical equivalent of handing me a barn full of hay and saying that no problem, just do a "search for a needle" to prove that YOU own a needle.

You see, I had already admitted that I couldn't come up with a list of thousands of "credentialled (sic) climatologists" that were anti-AGW, but knowing I couldn't (without alot of time involvement that I didn't have because of how badly I was feeling medically). But I figured surely the person asking me to do such a thing could do it for his side, right?

Apparently not, because you wanted me to do that work for your side. Feel free to go through YOUR list and come up with a new list of "credentialled (sic) climatologists" that are pro-AGW, and please provide sources (PS. even if it's a WIKI article, it's still good to provide a link to the article that you use).
11:54 PM
Jeff Nielson, Jeff Nielson, Micjer, Earl replied to the topic Re: Target Is Leaving Canada in the forums.
Micjer wrote:
Isn't that crazy. I hope he doesn't spend it all in one place.

Seems odd that target was so far out in left field in Canada. Other big stores, i.e Home Depot, Walmart, Lowes, etc. seem to be doing just fine and not a big difference than their US stores. Some difference in price mind you, but not blantant like Target was.

Micjer, you can sum-up Target's Canadian implosion with three words, "stupidity and arrogance". First, it's my understanding that Target didn't actually open/build any new stores, it just bought out a couple of Canadian retailers (primarily the bankrupt Zellers).

I saw two of those stores, stores I used to shop in when it was still Zellers. The CLOWN walking away with his $61 million in stolen money was too cheap to do any renovations. Basically all he did was glue a "Target" sign on the side of a bunch of Zellers stores and open them for business.

Because their product line is significantly different from Zellers; there was no convenient/rational way to simply slot their merchandise into these stores. So it was a nightmare to shop there. But the Clown simply assumed that all it would take is the "Target" name to draw-in all us Canadian yokels -- because Target is American.

You can't self-destruct that badly without catastrophic failure at the strategic level (i.e. at the TOP).

07:12 PM
Zero Hedge is reporting that the opposition from Greece's new Protest Government with respect to the (fascist) "economic sanctions" against Russia is now an effective "veto" within the EU. It's reasoning is this: so far, all sanctions against Russia have "required unanimous consent".

So, with Greece's new government no longer a Euro lackey-state, and with that government opposed to sanctions against Russia; does this mean (as Zero Hedge asserts) that Greece has an "effective veto", and that this is "a Russian victory"? Unfortunately not.

What happens any/every time the Fascists come up against some "rule" that they don't like? They either CHANGE THE RULE, or (when that's not possible) they simply ignore the "rule" (as is the case with the Constitutions of all our nations). Thus the appropriate headline with respect to Greece's opposition to Russian sanctions is not "Greece has a veto", but rather "EU about to break another rule"...

Putin's Unexpected Victory: Europe Furious That Greece Is Now A Russian Sanctions Veto

Two days ago, Zero Hedge first, and shortly thereafter everyone else, pointed out something stunning: the biggest surprise to emerge so far out of the new anti-Troika/austerity Greek government was not so much its intention to proceed with the first test of "Odious Debt" - this was largely known in advance - but its dramatic pivot away from Germany and Europe, and toward Russia.

As we noted before, not only has Greece already blocked all ongoing privatization processes, a clear snub of Merkel and the Troika which demands the piecemeal blue light special sale of Greece to western buyers as part of the "bailout", but is also looking at plans to reinstate public sector employees and announce increased pensions for those on low incomes: further clear breaches of the Troika's austerity terms.

But the most important message that Tsipras is sending to Europe is that (after meeting the Russian ambassador first upon his election) Greece is now effectively a veto power when it comes to future Russian sanctions!

This was first hinted when the Foreign Minister Nikos Kotzias, who arrives in Brussels today to discuss possible additional sanctions on Russia over the conflict in Ukraine, said a few days ago that the Greek government disagreed with an EU statement in which President Donald Tusk raised the prospect of “further restrictive measures” on Russia. As Bloomberg observed before, in recent months, Kotzias wrote on Twitter that sanctions against Russia weren’t in Greece’s interests. He said in a blog that a new foreign policy for Greece should be focused on stopping the ongoing transformation of the EU “into an idiosyncratic empire, under the rule of Germany.”...
01:52 PM
Regular readers are now thoroughly familiar with the Puppet Paradigm in which we live. The supposedly "sovereign" governments of the West are nothing but lackey-regimes -- doing whatever they are told by their puppet-master: the One Bank.

I've characterized this crime syndicate of nations as "the Axis of Evil". The core of this axis are three particularly malevolent/despicable regimes: the U.S., the UK, and Israel. The UK and Israel are somewhat "specialists" within the Axis.

The UK can be considered the 'birthplace' of Modern Banking (meaning the One Bank's model of 'banking' as a crime syndicate). Its hub, London (i.e. "the City") is officially a lawless regime, not even subject to the laws of the UK itself -- let alone international law.

Israel has perfected any/every form of crime and strategy which can be invented in conjunction with the modern buzzword: "terrorism". Meanwhile, as the largest of the trio (by far); the U.S. represents "all other evils" not within the specialties of the UK or Israel.

For decades (generations?); the nations of the world outside this Axis of Evil have remained non-aligned, to the point where I frequently simply refer to these nations as "the Rest of the World". But no longer.

As the frequency, ferocity, and magnitude of the acts of terrorism (political/economic/military) by the Axis of Evil continue to increase exponentially; the Master of this Axis is now succeeding in doing what the Rest of the World was incapable of doing on its own: UNITING.

We've already seen China and Russia pushed into becoming the closest of allies, who have now formed their own "security" bloc. But while the "security bloc" of the West is nothing but a front for their reckless acts of terrorism; China and Russia are forming a GENUINE security bloc -- protection from the endless terrorism of the One Bank.

The latest development is the government of India now in negotiations to be officially added to this bloc. And note that (surprise! surprise!) like Russia; India is another recent/personal Victim of the One Bank's economic terrorism.

Some readers may have problems with the characterization of these nations as (the kernel of) an "Axis of Good". Here the words are relative. While no one could genuinely depict either Russia, China or India as "White Knights"; compared to the Axis of Evil, they are positively saintly.

United we stand; divided we fall. Fortunately, whenever Evil rises up in the world to threaten the COLLECTIVE SECURITY of humanity; it is instinctive for us to come together...

China, Russia, India FMs to meet in Beijing on Monday

Chinese officials are preparing for the upcoming RIC (Russia, India, China) Foreign Ministers meet, a Chinese Foreign Ministry spokesperson said. The meet comes close on the heels of a much-hyped Obama visit to India. Chinese state media has cautioned India about US President Barack Obama’s strategy to “split” India’s relations with both China and Russia.

“Obama’s strategy is quite clear. He wants to split the relations between China and India, as well as India and Russia, in an effort to fulfil his strategy of a ‘re-balance’ in Asia,” state-run Global Times said on Wednesday.

Meanwhile, China’s Foreign Ministry spokesperson Hua Chunying said the RIC meeting will be held in Beijing on 2nd February.

Russian Foreign Minister Sergei Lavrov and Indian External Affairs Minister Sushma Swaraj will attend the 13th Foreign Ministers meet at the invitation of their Chinese counterpart Wang Yi.

The mechanism has become an important platform for the three countries to coordinate their positions and seek consensus and cooperation...
12:51 PM
Jeff Nielson created a new topic "Worst nightmare" for gold (LOL!!!) in the forums.
It just keeps getting sillier and sillier. Now the precious metals lies simply look like the low-grade fiction of hack-writers. What is the subject matter of this vacuous rhetoric? uneventful FOMC,” analysts at TD Securities say.

Let me translate this drivel; since what is written in the Kitco blurb doesn't even come close to being a complete thought. The Fed Liars put out a particularly twisted piece of double-talk yesterday, which doesn't say anything at all -- and this is (supposedly) the "worst nightmare" for gold.

Given all of the extreme insanity of the past few years; using the characterization of "worst nightmare" to describe a complete non-event is yet another, new extreme from the propaganda machine, with respect to their infantile sensationalism. Note the difference between this drivel, and my own writing -- where readers also often see strong rhetoric.

When I use such extreme characterizations; it's almost always in conjunction with some "historically unprecedented event". In other words; the rhetoric matches the event. Here, there is no possible way in which any intelligent/objective observer could consider this extreme characterization to be the slightest bit valid. It's pure, Chicken Little fear-mongering.

This is another way for readers to QUICKLY identify the worst of the Corporate media's garbage, and thus avoid wasting your own time. Look for such extreme (and incongruous) rhetoric, and if you see it, move along -- "there's nothing to see here".

P.S. Note that what's below is the ENTIRE "analysis". The Liars couldn't even make-up anything else to go along with this drivel. All that Kitco (and its Masters) wanted is some pretext to say the words "worst nightmare" (for gold).

Can you say "desperation"?

P.P.S. The other (silly) point to this propaganda is that the Liars want to always pretend that every word, gesture, and fart from the Fed Heads represents the "most significant occurrences" (in the entire universe) with respect to gold (and silver) markets -- and prices.

Gold Longs' Worst Nightmare Comes True – TD Securities

“Unfortunately the gold longs worst nightmare came true - an uneventful FOMC,” analysts at TD Securities say. The bank says precious metals remain soft following a weaker close on Wednesday, and gold prices have a chance of heading lower. “Gold feels like it will test support of the 200-day moving average at $1253 spot,” the bank says. “Lower crude oil and a stronger dollar following the Fed minutes are weighing on base metals this morning,” it adds.
12:25 PM
2 days ago
jaeger, jaeger, jaeger, jaeger, Dylan replied to the topic Re: Climate Change conference in 2015 in the forums.
Thought I was wrong, but I was wrong, previous post is valid (initial one was truncated). I think it's bedtime.
11:42 PM
Jeff Nielson, Jeff Nielson replied to the topic Re: Jeff Nielson, for Sprott Money: in the forums.
Greek Election Results Worry The Bankers

It becomes easier and easier to translate the propaganda of the One Bank (delivered by its messengers in the Corporate media) because the patterns of behavior of this crime syndicate continue to become more blatant/obvious.

The One Bank does not want to see any ‘defections’ amongst the member-states of the EU (i.e. any splintering of this totalitarian entity). The obvious reason for this is that the EU has morphed into a monetary straitjacket, as a single banking entity (the ECB) controls the printing presses of all EU states. To grasp the significance of this; we need merely refer back to the words of Mayer Amschel Rothschild (1744 – 1812), the original patriarch of the Rothschild clan, and architect of the One Bank...
11:13 PM
Jeff Nielson replied to the topic Re: Apple "Profits"- $556 For Every American in the forums.
Yes, DayOwl, Corporate Welfare knows no limits. But never forget that Apple is a mere pauper compared to the King of the Corporate Welfare Bums: the One Bank.

$100 TRILLION, for free, every year.

That is a lot of "welfare".

11:00 PM
DayOwl created a new topic Apple "Profits"- $556 For Every American in the forums.
Irony in the News: Apple rich enough to pay everyone $556

I am inclined to harp on the issue of governmental investment funds and how they have been a very successful covert wealth transfer vehicle. I often recommend Clint Richardson's "The Great Pension Fund Hoax" which is an exhaustive look at where all the tax monies collected really go. Apple and Microsoft are the two biggest recipients of government funds in the US, to the tune of millions of dollars every year.

Then this article comes out:
    Apple’s (AAPL) printing money hand over fist. You knew that. What you may not know is that Apple has so much dough, it could afford to pay every man, woman and child in the U.S. $556. Each.

The irony is just too much. I have to wonder if the author has any idea how much of our money has been handed to Apple without our knowledge or approval.

Here's another kicker: the money invested in Apple through the taxes extracted from the American people probably exceeds the $556-per-person "value" Apple enjoys today.

Make no mistake, Apple makes good products. I like my iPhone. But, I have to wonder: Where would the company be today without the billion$ in taxpayer funds?

Yes, It's very long. Take the time to understand where all the money really went.
02:51 PM
...and here's a short-term euro silver chart:

01:44 PM
Jeff Nielson created a new topic Stealth "Rally" in gold/silver markets in the forums.
Readers know that I generally quote bullion prices in only one currency: USD's. The reasons for this are obvious. Like it or hate it (and we obviously hate it); the USD is still more-or-less the world's reserve currency. The other, obvious reason is that through "competitive devaluation" the One Bank generally keeps the currencies falling at a relatively uniform rate.

However, at present, with the USD pushed-up to an ultra-ridiculous exchange rate versus other currencies; it's no longer valid (at least not for the moment) to "think" only in USD's. For instance; Canada's Harper-crippled "Loonie" is currently trading lower versus the dollar than at any time in the last 12 YEARS.

While gold is an ultra-ridiculous $1300/oz in USD's, and silver's ultra-ridiculous USD price is at about $18/oz; in CAD's, gold is now at $1600/oz, and silver is at $22.50. Still ridiculous, but at least significantly closer to sanity than the fantasy, USD numbers.

A quick look at the 2-year charts at Basher Central shows that bullion prices haven't been trading at the (nominal) Canadian numbers in roughly two years. In the case of silver, which has been driven down harder/lower than gold; it's been nearly two years since prices were at this nominal level.

Of course; at this point the "rally" means little more than that. What will be very interesting is what happens in the next few months? Does the USD stay at this insane exchange-rate versus other currencies, and if so; what happens to bullion prices?

In virtually EVERY currency on the planet except USD's; gold and silver are currently having a real/significant rally.

01:27 PM
Jeff Nielson, Jeff Nielson replied to the topic Re: The miracle of Wörgl in the forums.
P.S. This also explains why I've used the U.S. velocity of money chart as one of many "proofs" that there could not possibly have been any "U.S. economic recovery". Look how fast the velocity of money has fallen since the START of this fantasy-recovery. And obviously no nation whose velocity of money is the LOWEST IN RECORDED HISTORY could have any sort of economic growth.

The U.S. Greater Depression Exposed, Part II

Now I can use "the Miracle of Worgl" along-side the chart above, and make my (simple) point much more effectively...

12:28 PM
NickBarisheff BullionBuzz eNewsletter | Feature: Checkmate: Russia’s Gold Trap Read Now:
11:25 AM
3 days ago
rroush, Earl, jaeger replied to the topic Re: Climate Change conference in 2015 in the forums.
jaeger wrote:
rroush wrote:
You ignore the thousands of scientist that disagree with you and them. .

RRoush, I'd like to see an initial list of just one hundred credentialled climatologists (not geologists, not physicists, not chemists, nothing but credentialled climatologists, i.e. with climate or atmosphere or their derivations in their credentials) who are anti-AGW.

And, no one on this forum has yet responded to my invitation to identify any extant natural phenomenon or phenomena which would explain current warming and the rate at which it is occurring. Absent this, you're left with AGW.

Could it be because there is not "AGW" to identify?

Climatologist Ben Santer: I deleted anti-AGW IPCC comments
Ben Santer, a climate researcher and lead IPCC author of Chapter 8 of the 1995 IPCC Working Group I Report, admits that he deleted sections of the IPCC chapter which stated that humans were not responsible for climate change.

Accusing Santer of altering opinions in the IPCC report that disagreed with the man-made thesis behind climate change, Lord Monckton told the program, “In comes Santer and re-writes it for them, after the scientists have sent in their finalized draft, and that finalized draft said at five different places, there is no discernable human effect on global temperature – I’ve seen a copy of this – Santer went through, crossed out all of those and substituted a new conclusion, and this has been the official conclusion ever since.”

“Lord Monckton points to deletions from the chapter, and there were deletions from the chapter, to be consistent with the other chapters we dropped the summary at the end,” Santer admits to the program.

Commenting on The Alex Jones Show today, Lord Monckton said that this was the first time Santer had publicly admitted to deleting the information.

For the rest of this article, click here.

And while not nearly "100" and while maybe not declarative, is surely a good starting point in your research for anti-AGW climatologist, wouldn't you say, and it wasn't even a difficult "google search" as they say. So if you wanted to answer your own question, you could have easily answered it instead of acting like it as a false-hood that wasn't.
10:03 PM
Earl wrote:

I'll admit there's a lot of "stuffing" to this report. But just to give a little view of what I was thinking.

My first thought was $9 trillion to "Non-bank borrowers outside the U.S.". Instead of stimulating our domestic economy. I'm thinking it's like our domestic oil, it doesn't stay here for "energy independence" it goes out to the highest bidder. So we open and give land to the oil cartel in the "name" of energy independence and low fuel prices. Which "sounds good", but is just a bold face lie and never happens.

Still haven't done my reading (lol); but that won't stop me from replying to this particular point, since this is a VERY popular game for the banksters (and their puppets in the U.S. government).

My first thought was $9 trillion to "Non-bank borrowers outside the U.S.". Instead of stimulating our domestic economy. I'm thinking it's like our domestic oil, it doesn't stay here for "energy independence"...

Congrats Earl! Those are precisely the thoughts which this particular propaganda is supposed to create in your mind. "The U.S. government is too generous/helpful to 'foreigners'."

The best example of this game after the Crash of '08, and the world DISCOVERED that the Wall Street Vampires had swindled them for $TRILLIONS with their "mortgage-backed securities".

Flash ahead 12 months or so; and we start getting reports of the Federal Reserve (supposedly) "bailing out" various European nations (i.e. their banks). Now here's the question: if you STEAL $trillions from your neighbours, and then you give them roughly half that amount in return; have you "bailed them out"???

Not on the planet I live on. Where I live; those payments from the Fed were what I call "damages" for the crimes of the Wall Street Vampires, and not even full restitution, at that. So this is one way in which supposed "U.S. charity" wasn't exactly how it was a collection of serial liars.

Then an even more-evil (and this more popular) game these Liars play is with what is called U.S. "foreign aid". For every $1 in food/medicine/farming equipment (i.e. stuff that actually helps people) there's at least $5 in MILITARY "aid" -- i.e. weapons of various sorts so that these poor nations can attack their neighbours.

And then (almost always) that's followed by some U.S. "foreign aid" to the neighbours as well, so everyone has all they need to START A WAR.

But what we have here (almost certainly) is yet a different form of "U.S. benevolence": imaginary benevolence. Refer to some of these older commentaries:

Federal Reserve Increases Counterfeiting
Maximum Fraud in U.S. Treasuries Market

The Federal Reserve has been counterfeiting USD's by the $trillions, going back to at least 2009. So when you perceive the U.S. people to have lost out, because of the "$9 trillion in foreign borrowing", that perception is based upon an implicit assumption, and that implicit assumption is erroneous.

Your assumption is that there is only a FINITE quantity of USD's, and every $1 lent to "foreigners" is one less dollar available for Americans. The truth, however, is that with the Federal Reserve being a shameless, serial counterfeiter; it has INFINITE "USD's" available to spray around.

If the U.S. government and/or the Fed wanted to do anything to "stimulate" the U.S. economy, all that is required to place a phone call to the NEW Counterfeiter, and tell Janet Yellen to print up another $trillion Secret Dollars.

Timeo Danaos et dona ferentes
"Beware of Greeks bearing gifts"

But this expression is 2,000 years old (or so), back to the time when Greece was the world's great power. The United States government are the new "Greeks".

Their "gifts" are never what they seem to be (i.e. what the propaganda machine presents them as)...

P.S. One of the reasons the U.S. government likes to play this fake-charity game is so that when people point to the U.S.'s rapacious trade practices (there are more "trade complaints" against the U.S. than any other nation), or some of its various other forms of economic terrorism; it can pull off this ludicrous White Knight routine with the American people -- and present other nations as a bunch of ungrateful whiners, rather than what they really are: VICTIMS.
07:17 PM
Earl replied to the topic Re: Musical musings... in the forums.
Eric Goulden (born 18 May 1954), known as Wreckless Eric, is an English rock and roll/new wave singer-songwriter, best known for his 1977 single "(I'd Go The) Whole Wide World" on Stiff Records. More than two decades after its release, the song was included in Mojo magazine's list of the best punk rock singles of all time.

By 1980, shortly after the release of Big Smash!, he decided to leave Stiff and record music at his home studio. While Eric may have left the mainstream music business and the public eye, he has continued writing songs and performing consistently at underground clubs and bars. Throughout the 1980s, 1990s and 2000s Eric has released albums on numerous independent record labels.

Whole Wide Worldby Wreckless Eric is just a fun song."While Eric may have left the mainstream music business and the public eye, he has continued writing songs and performing consistently at underground clubs and bars".

Obviously, he's playing what he wants and plays what he enjoys. I hope you enjoy it too-
Thank You

Whole Wide World
Song by Eric Goulden

When I was a young boy
My mama said to me
There's only one girl in the world for you
But she probably lives in Tahiti
I'd go the whole wide world
I'd go the whole wide world
Just to find her
Or maybe she's in the Bahamas
Where the Carribean sea is blue
Weeping in a tropical moonlit night
Because nobody's told her 'bout you
I'd go the whole wide world
I'd go the whole wide world
Just to find her
I'd go the whole wide world
I'd go the whole wide world
Find out where they hide her
Why am I hanging around in the rain out here
Trying to pick up a girl
Why are my eyes filling up with these lonely tears
When there're girls all over the world
Is she lying on a tropical beach somewhere
Underneath the tropical sun
Pining away in a heatwave there
Hoping that I won't be long
05:55 PM
Earl created a new topic The miracle of Wörgl in the forums.
To the Community,

This is a piece of history, I personally have never heard of. It's a solution the town of "Worgl" came up with in 1932. I just found it interesting.

Appreciate any and all feedback-

Thank You

The miracle of Wörgl

On July 5, 1932, in the middle of the Great Depression, the Austrian town of Wörgl introduced a complementary currency. Wörgl was in trouble and was prepared to try anything. Of its population of 4,500, a total of 1,500 people were without a job and 200 families were penniless. The mayor Michael Unterguggenberger had a long list of projects he wanted to accomplish, but there was hardly any money to carry them out. These projects included paving roads, streetlights, extending water distribution across the whole town, and planting trees along the streets.

Rather than spending the 40,000 Austrian schillings in the town’s coffers to start these projects off, he deposited them in a local savings bank as a guarantee to back the issue of a type of complementary currency known as stamp scrip. The Wörgl money required a monthly stamp to be stuck on all the circulating notes for them to remain valid, amounting to 1% of the each note’s value. The money raised was used to run a soup kitchen that fed 220 families.

Nobody wanted to pay the monthly stamps so everyone receiving the notes would spend them as fast as possible. The 40,000 schilling deposit allowed anyone to exchange scrip for 98 per cent of its value in schillings but this offer was rarely taken up. Of all the businesses in town, only the railway station and the post office refused to accept the complementary currency. Over the 13-month period the project ran, the council not only carried out all the intended works projects, but also built new houses, a reservoir, a ski jump and a bridge.

The key to its success was the fast circulation of the scrip money within the local economy, 14 times higher than the Schilling. This in turn increased trade, creating extra employment. At the time of the project, unemployment in Wörgl dropped while it rose in the rest of Austria. Six neighbouring villages copied the system successfully. The French Prime Minister, Édouard Daladier, made a special visit to see the 'miracle of Wörgl'.

In January 1933, the project was replicated in the neighbouring city of Kitzbühel, and in June 1933, Unterguggenberger addressed a meeting with representatives from 170 different towns and villages. Two hundred Austrian townships were interested in adopting the idea. At this point the central bank panicked and decided to assert its monopoly rights by banning complementary currencies.

Research reference-
05:26 PM
I just stumbled across this fascinating, older article while doing some research. There are several points of interest here. To begin with; this piece of twisted propaganda was written almost exactly one year after I published one of my own, most ground-breaking commentaries:

U.S. Economic Terrorism the New 'Winning Trade'

What we see with this Washington Times article is the classic manner in which the U.S. deals with all of its own crimes, and anyone who attempts to "point the finger" in their direction. They LIE, OBFUSCATE, and (always) attempt to blame others for their own crimes.

I'm going to do a full commentary on this piece, because there is plenty of 'fertile soil' here (i.e. manure); so I don't want to give away too much at the moment. But look at this piece yourselves, and see if you can pick out particular ploys and techniques for its lies which we have seen again and again in previous propaganda. In that respect; let me identify some excerpts worthy of particular scrutiny -- and encourage Members/readers to supply their own "take" on the significance, starting with the opening paragraph:

Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.

Suspects include financial enemies in Middle Eastern states, Islamic terrorists, hostile members of the Chinese military, or government and organized crime groups in Russia, Venezuela or Iran. Chinese military officials publicly have suggested using economic warfare against the U.S.

LOL !!!!!!!!!!!!!

Regardless of the report’s findings, U.S. officials and outside analysts said the Pentagon, the Treasury Department and U.S. intelligence agencies are not aggressively studying the threats to the United States posed by economic warfare and financial terrorism.

“Nobody wants to go there,” one official said.

Mr. Vickers declined to be interviewed but, through a spokesman, said he did not say economic warfare was not an area for the Pentagon to study, and that he did not block further study.

LOL !!!!!!!!! How's that for a piece of twisted, government double-talk???

The report concluded that the evidence of an attack is strong enough that “financial terrorism may have cost the global economy as much as $50 trillion.”

Because of secrecy surrounding global banking and finance, finding the exact identities of the attackers will be difficult.

Financial terrorism suspected in 2008 economic crash

Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.

The unclassified 2009 report “Economic Warfare: Risks and Responses” by financial analyst Kevin D. Freeman, a copy of which was obtained by The Washington Times, states that “a three-phased attack was planned and is in the process against the United States economy.”

While economic analysts and a final report from the federal government’s Financial Crisis Inquiry Commission blame the crash on such economic factors as high-risk mortgage lending practices and poor federal regulation and supervision, the Pentagon contractor adds a new element: “outside forces,” a factor the commission did not examine.

“There is sufficient justification to question whether outside forces triggered, capitalized upon or magnified the economic difficulties of 2008,” the report says, explaining that those domestic economic factors would have caused a “normal downturn” but not the “near collapse” of the global economic system that took place...
01:38 PM
rroush wrote:

...I know that this belongs somewhere else.. I just couldn't find that "somewhere else" that I know it belongs. So forgive me in advance for starting another post on this.

Lol! I know the feeling Rroush. Sometimes I can't find a "thread" which I know is here, somewhere. And sometimes I just get so excited about some new item I post it on a new thread before I remember there's an existing thread where it should go.

Here we see a perfect illustration of the Machiavellian manner in which the One Bank perpetrates its economic terrorism. It takes its crimes and uses them as "evidence" or "precedents" to aid it in committing more crimes.

In this case; we have another "attack" on Russia's economy (i.e. more economic terrorism). But if you ask these media parrots why Russia's debt should be downgraded to "junk"; they will point to the collapse in the ruble -- a previous act of economic terrorism. And as the psychopaths pile-up their acts of economic terrorism; they all become self-reinforcing, in terms of the propaganda itself.

Why has the exchange-rate of the ruble plunged by more than 50%? Because Russia's debt is "junk"? Why is Russia's debt rated as "junk"? Because the ruble has lost more than half of its value.

Two points here. First of all; this is a classic illustration of "circular reasoning", where instead of actually explaining/justifying particular conclusions, you simply pretend that you can use the conclusions to "prove" each other.

The other, perhaps more-important point here is that all of this nonsensical propaganda revolves around PRICE ANALYSIS. As I've explained before: price is not a "fundamental" of any market or sector. Thus price-analysis is not even real "analysis"; it's simply pseudo-analysis. Yet this is all that the drones of the Corporate media (and their "experts") ever do.

They NEVER examine real fundamentals, except in the most superficial terms (i.e. they simply lie about the fundamentals). If you ask them to "explain" ANY market; every one of these charlatans will IMMEDIATELY point to prices.

How did all these drones become so totally detached from reality, so that they don't even realize that all their "analysis" is merely pseudo-analysis (i.e. jibber-jabber)? Because in legitimate markets; price is a PROXY for the actual fundamentals. It's the simplest way to attempt to "analyze" any market, for so-called "analysts" who lack either the knowledge or brain-power to engage in substantive, fundamental analysis.

And, living in a world of idiots; it should be of no surprise that the drones of the Corporate media exclusively engage in the easiest form of "analysis", even though that analysis no longer possesses the tiniest shred of validity (since we no longer have legitimate markets).

01:17 PM
The propaganda of the Corporate media gets more and more absurd by the day. It's why I've labeled this fantasy-world "the Wonderland Matrix". While we voluntarily "plug" our minds into the fantasy-world produced by the propaganda machine; unlike the movie "Matrix"; our fantasy-world makes absolutely no sense, whatsoever.

Rather than allowing this to infuriate us, however; it's best to simply laugh at the all the idiocy. In that regard; here's a good chuckle from the Kitco clowns:

Gold Prices Look Toppy As Spec Longs Rise To Two-Year High - Analysts

Of course to get the "joke"; it's necessary to supply context. We start with the fact that the price of gold is well over 30% below its all-time high of a couple of years ago. We add in the fact that with the price of gold just below $1300; it requires a price of at least $1500/oz for gold-miners to simply break even.

But it gets sillier (of course). While these (U.S.) "analysts" supposedly see the price of gold as being "toppy"; in the Land of Bubbles we see both U.S. stocks and U.S. bonds at (ridiculous) bubble-highs. Furthermore, it's IMPOSSIBLE for stocks and bonds to rise together (in legitimate markets), and they have never previously risen simultaneously in the history of markets.

Yet where do these "analysts" see a bubble right now? Gold.

Of course this is an old (U.S.) joke, some might even argue a "classic". Can anyone forget the hilarious version of this joke churned out by the Corporate media in 2007 and 2008? With the U.S. housing bubble (the largest bubble in history, at that point) having already started to burst; where did U.S. analysts see "bubbles"? In China, across an ocean.

As observed previously; based on usage of the term by the Corporate media, I've defined an "economist" as "a person who knows absolutely nothing about economics". I debated changing that definition to "less-than-nothing", but decided that some people might think that was unfair.

Now, based on the usage of the term "analyst" by the Corporate media, I can also produce a real-world definition for that term as well. A (mainstream) "analyst" is a person who is utterly incapable of engaging in analysis. This is why all the mainstream "analysts" always agree with each other. It's much, much easier for Fools and Charlatans to hide inside a herd. And we can't forget that many of these "analysts" are also "economists" (and vice versa).

Of course what this "game" is really all about is that the Corporate media is not allowed to talk about the "bubbles" where they really are, because that would WARN the Sheep, before the Wall Street psychopaths can "fleece" them (to the bone).

Buffett Sits on $50 Billion Cash-Hoard, Waiting for Bubbles to Pop

Here's a "classic" of my own; an old four-part series where I first explained what all the "bubble" propaganda really means, and Part IV is especially applicable to the current context.

Bubblemania: Part I, Defining a “Bubble”
Bubblemania: Part II, The Land of Bubbles
Bubblemania: Part III, Debt Cemetery
Bubblemania: Part IV, The Mythical "Gold Bubble"

Gold Prices Look Toppy As Spec Longs Rise To Two-Year High - Analysts

Gold prices are starting the week under pressure, which is not surprising to some analysts who say that in the short-term the yellow metal has no room to move higher, as speculative gross long positions reach a two-year high.

According to the U.S. Commodity Futures Trading Commission’s Commitment of Traders disaggregated report, money-managed speculative long gold positions increased by 23,429 contracts to 155,602, for the week ending Jan. 20. This is the highest level for gross longs since November 2012. At the same time, managed funds also reduced their short exposure, reducing short positions by 3,971 contracts to 26,261. Gold net-long positions now stand at 129,341 contracts...
12:49 PM
4 days ago
rroush created a new topic S&P downgrades Russia credit rating to junk in the forums.

LONDON (AP) — Standard & Poor's rating agency on Monday downgraded Russia's credit grade by one notch to junk status, citing a weakened economic outlook.

The agency dropped the rating to BB+ from BBB- as it sees the country's financial buffers at risk amid a slide in the country's currency and weakening revenue from oil exports.

"In our view, the Russian Federation's monetary policy flexibility has weakened, as have its economic growth prospects," it said.

Russia's economy has been hit hard by the double impact of weaker prices for its energy exports as well as Western sanctions.

The Russian currency tumbled on the downgrade, dropping some 7 percent to about 68.5 rubles to the dollar.

Standard & Poor's said that Russia's financial system is weakening, limiting room for maneuver for Russia's Central Bank. It said the bank "faces increasingly difficult monetary policy decisions," while also trying to preserve incentives for growth.

The Russian economy is expected to contract by 4 to 5 percent this year for the first time since President Vladimir Putin took the helm in 2000.

Capital outflows, which averaged $57 billion annually during 2009 to 2013, soared to $152 billion last year. "Stresses could mount for Russian corporations and banks that have foreign currency debt service requirements without a concomitant foreign currency revenue stream," the rating agency said.

Russia's Finance Minister Anton Siluanov sought to play down the anticipated move, saying it reflected the rating agency's "excessive pessimism." He emphasized the Russian economy's strong fundamentals, such as high level of hard currency reserves, trade surplus and low level of state debt.

"These undoubtedly are Russia's advantages in the current macroeconomic conditions," Siluanov said in comments carried by Russian news agencies. "There is no reason to overdramatize the situation."

Prior to the announcement, Putin had a meeting with Cabinet members on anti-crisis measures. He said the government should focus on cutting spending, keeping inflation under control and making sure that the country doesn't waste its hard currency reserves.

I know that this belongs somewhere else.. I just couldn't find that "somewhere else" that I know it belongs. So forgive me in advance for starting another post on this.
06:47 PM

Just to give people an idea of the amount of "funny money" we are talking about world wide and the figures are in the 10k's of millions of dollars going towards global warming. And yet, even this isn't complete.
04:43 PM
Jeff Nielson created a new topic More, silly lies after Greek election in the forums.
I'm going to cover all of the One Bank's post-election lies (following the win by Syriza) is a commentary -- this time for Sprott Money -- so I won't rehash all of that (which I just finished writing). Rather, I'll simply focus on one aspect of the silliness here: the "reaction" in precious metals markets.

What does the One Bank tend to do, automatically, any time anything happens against its own desires? It whacks precious metals. This is not as entirely infantile and arbitrary a reaction as it may first appear. In fact, virtually anything which goes against the wishes of the One Bank is supportive of higher gold/silver price. Thus to CAMOUFLAGE its own set-backs; it ALWAYS whacks gold/silver after any sort of defeat.

Of course such malice is invariably revealed, when the knuckle-draggers of the Corporate media attempt to "explain" these market manipulations. Today's "explanation" is especially moronic, because the One Bank's manipulation of gold/silver prices (lower) today is so painfully obvious.

The "official" explanation is this:

Gold prices are moderately lower in early U.S. trading Monday, on a classic “sell-the-fact” scenario following the Greek election results on Sunday. Traders had “bought the rumor” last week, heading into the important elections.

But in the very next paragraph; Kitco proves that its "explanation" is puerile nonsense:

Important weekend news saw the Greek anti-austerity party win elections by a wider-than-expected margin Sunday.

When do traders "sell the fact"? When a result is EXPECTED. With the result of Greece's election being unexpected (i.e. a surprise) the only direction in which legitimate gold/silver markets could have moved today is higher.

Ultimately; Kitco's "explanation" of precious metals prices today is an intelligence test. Anyone who believes Kitco's nonsense doesn't have any...

Gold Lower on "Sell-the-Fact" Following Greek Elections

Gold prices are moderately lower in early U.S. trading Monday, on a classic “sell-the-fact” scenario following the Greek election results on Sunday. Traders had “bought the rumor” last week, heading into the important elections. Profit taking from recent gains also has gold and silver markets feeling selling pressure to start the trading week. February Comex gold was last down $10.40 at $1,282.10 an ounce. Spot gold was last down $12.00 at $1,282.60. March Comex silver last traded down $0.255 at $18.045 an ounce...
02:33 PM
5 days ago
Earl, it will take me a while to unearth anything of SUBSTANCE in what is (undoubtedly) a(nother) steaming, mound of lies. What I'll note for now is just a simple observation. I knew just from the title of your post that you were bringing us either propaganda or disinformation -- simply from the use of the word "credit" in the same line as "dollar".

The word "credit" always has a positive connotation in people's minds, even when used as a EUPHEMISM FOR DEBT, as we (once again) with this propaganda. I can illustrate this by simply 'translating' the first line of these banker-lies:

[quote]Banks and bond investors have extended $9 trillion of US dollar credit to non-bank borrowers outside the United States.[/i]

Oooh! "$9 trillion of credit" -- sounds good. Now let's translate it:

Non-bank borrowers outside the U.S. have taken on $9 trillion of U.S. dollar debt.

We look at the translation, and immediately the words "debt bubble" leap to mind. Note that this is only non-bank borrowing. How many $TRILLIONS of USD borrowing has been done by the banks? We don't know because (as always) the Criminals won't tell us, and our pretend-regulators consider it "rude" to ask.

Thus at least superficially; this is a classic illustration of the Wonderland Matrix. Hide as much information as they can from us, and what they can't hide they PERVERT with their Machiavellian language.
02:29 PM

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