It's been a month, yet still no change from the failed policies of Bush/Paulson/Gonzalez/Cox. On financial matters, it's old monkeys out, new monkeys in.
I submit:
1) No arrest of Angelo Mozilo, Michael Perry or for that matter ANYONE associated with blowing up the world financial system for personal gain
2) No restoration of the uptick rule or relaxation of new mark-to-market regulations
3) No program to encourage investment, such as a $100,000 2009/2010 IRA max, or a suspension of forced IRA withdrawals
4) No independent special prosecutor named to investigate the REIC, hedge funds, investment banks and Congressional corruption
5) No bank or automaker reorganization or solution
6) No temporary reduction in cap gains, business investment depreciation schedule or corporate income tax rates
7) No business tax credit to hire unemployed workers
8) No massive surge of SEC, IRS and FBI investigators to go after the crooks, realtors, mortgage brokers, mortgage fraudsters and bankers who knowingly committed mortgage fraud
9) No emergency international financial summit
10) No leadership, no vision, no plan, no change.
Grade: E. Fail. Total and complete failure.
This new crew just doesn't get it. It's as if they're INTENTIONALLY letting the markets burn. Out of spite? Out of incompetence? Or is it some sort of plan to impoverish the entire country and ruin all businesses?
Unless we see a sense of urgency, and immediate movement on the points above, you are on your own. This team didn't cause The Great Unwinding. But their inactivity and incompetence is turning a bad situation into a catastrophic one. And soon, it will be too late.
Posts
65 comments:
Who the Heck Voted for this Guy...Change is coming...and coming FAST
FINALLY. THANK YOU!
PS: This crisis is engineered to pass New World Order agenda. Everything's going according to plan. They want North American Union, confiscate guns, World Central Bank to collect carbon taxes to (Ponzi), Asian Union, censor Internet, etc.
According to Alex Jones who predicted this would happen years ago it is a plan by the elites - the CFR, Bilderbergers (of which Geithner is one, he has attended the exclusive, secretive Bilderberg meetings since 2007) and the Trilateral Commission (the Chairman being Brzezinski - Obama's initial foreign policy advisor until public awareness drove him into the shadows and many other members of Obama's administration being Trilateral members) to bankrupt the USA to bring in more global financial control in the form of stronger world government, global carbon taxes and a North American union.
Now it could be all crazy talk but how would you know? Where are we supposed to turn for valid information these days when the mainstream media has proved itself to be so hopelessly inept and uninformative?
Can we really deny that there is a move toward globalization - the centralization of power and financial control on a global scale?
Can we continue to deny that there are powerful, financial forces that have far more direct influence over US politics and policy than the democratic system and the average Joe?
Here's a little film you can watch while you roll those thoughts around in your mind:
EndGame
C'mon, Keith - you are joking, right? Why did you expect a group of people who all were part of the last group of monkeys who cratered the economic system to do anything different just cause they got elected to different posts? Obama was in Congress for the last 4 years, Geithner was head of the NY Fed and worked with Paulson on the first TARP, Holder was deputy atty general when the guy you think is the anti-christ - Clinton - was president.
I mean, seriously, what in the hell did you think was going to happen???!!! Hope and Change??!!! As SNL would say - REALLY??!!
They don't know what they're doing. I mean Geithner is an absolute bumbling idiot. Didn't see it coming and has no idea what to do now. Pumping more taxpayer money into failed companies seems the only answer these fools have. The results are easy to predict, see Japan. The focus of spending has shifted a bit but this administration is just as incompetent as the last crew. America's century is drawing to a close.
Upton Sinclair:: "It is difficult to get a man to understand something when his job depends on not understanding it."
Though I have seen the unraveling inevitable and overdue since 05 I am astounded by the complexity and level of corruption.
Charles hugh smith:: governments do what the wealthiest one percent want them to do even if it is bad for the economy and government itself.
I will expend my life effort into the joys and trials of the plant kingdom as soon as snow is gone.
My vote is that Obama, Geithner et. al. are doing everything to protect the power interests. Big people and players are being made whole with bailout money paid in dollars that will eventually be worthless. But the bigs will have recycled those into gold or hard assets by then. The top 0.1% of the American population, about 300,000 well-connected people, will do OK. (So will I, because I cashed in my chips early.)
It's a kleptocracy. The big players don't give a shit about anyone else. They got theirs, Jack, and they own places on islands where they can eat imported gourmet popcorn. Everything that's happening makes sense if you look at it through that prism.
Countries like China that were foolish enough to lend the U.S. loads of money will be screwed. So will the average people of the U.S. and the rest of the world. But the big players truly don't give a shit about anyone else.
New World Motto: "If you're not rich, go die..."
Keith...listen up...ok?
Obomba and crew ARE THE ESTABLISMENT.
got that?
Kissinger - the dark overlord - said 4 decades ago that 80% of the world's population must go.
THAT WAS WHEN THE WORLD HAD TWICE AS FEW MONKEYS.
got that?
this is not about the crashing market...peak oil...peak water...
this is about too many monkeys fighting over too few resources.
peak monkeys...
got that?
Enjoy the die off!!!
Settle down...there's much more to lose, and Obama is not a magician.
This is extraordinary circumstances, and your pissing all over the guy when you are busy talking about how Eastern Europe and EU are completely screwed. During the Great Depression, people lost 90 percent of the value of their stocks, and this looks like it could be worse. Deal with it. Nobody is going to be buying houses and cars. This isn't Barack Obama's fault...Jesus Christ, get a grip
Don't miss the point - I support Obama. But he's f*cking up, I think because he's listening to and trusting Geithner, and he needs a push.
Dow 5,000 is not a pretty sight.
Obama could rally the markets 1,500 points in a day. Just has to do announce some of the things on my list.
This isn't a housing crisis or a debt crisis anymore. Now it's a stock market crisis, caused by a confidence crisis. Obama needs to understand that. He can drop another trillion here and trillion there, but that won't do anything. What will do something is banning SKF and restoring the uptick rule. The hedge funds made $$ manipulating on the way up and now they're making $$ manipulating on the way down. Time to kill 'em once and for all.
this is where you are wrong he absolutely gets it he cares nothing about the market he cares about owning you by having every person rich poor or in the middle dependent on him or more precisely the government this is his plan and it will be almost impossible to dismantle once it is put in place so this should be no surprise to anyone it is who he was and who he is it is what he reads and who he listens to it is about payback for in his view hundreds of years of oppression by the system called capitalism and it was known by the %46 of us who voted against him so please stop whining about how disappointed you are in his administration it makes you look foolish and so i am enjoying the show from my home here in nyc and i told my very very wealthy park ave employer who i drive that by the time obama gets through with him he will be driving me so thank you for all the fund raising you did to get him elected its payback time and as someone we know says it hath been foretold
Keith,
While it would be really great to get the bad guys and hang 'em high, it is kind of like the Nuremberg trials, after the fact and not going to change a damn thing. My guess is that they'll go after these guys on a lesser charges that are easy to prosecute,like tax evasion etc. It probably isn't a good idea to walk the perps, grandstand, and place all that upset people have in their lives into a few focal points, when the city is burning so to speak. That could spark riots.
I am not particularly happy about Geithner,but my understanding is that, unlike the depression, they don't want banks to fold, so thus the enormous river of money going to them. I heard Roubini on TV last night talking about breaking up big banks into smaller banks, and then, ensuring some will actually lend. Nice idea, still some people are going to lose on that deal.
You can't fix the autos because, well, nobody has money to be buying new cars.Period. I am willing to bet that 10 million cars selling in the next year will be wishful thinking. It looks like they are softening the blow,by handing out money and probably forcing a restructuring on their terms. Sucks, but that's the way it is. Otherwise, it is bankruptcy for the big three, and true social havoc. I live in SE Michigan. I think everyone needs prozac around here. Please, our median house price has almost dropped to half in the last few years, dropping 70k last month alone.
It is not just a stock market crisis, a housing crisis, it is an absolute financial crisis for all concerned. Even if Obama said some things that would rally the market, people would sell into the rally, knowing how bad the fundamentals are, and you're kind of right back where you started.
Business and tax credit to hire unemployed workers??Great gig if you can get it. Working assumption is if they are looking for a job, they are unemployed, or underemployed.
Emergency foreign summit..forgeddaboutit..all eyes are on Obama right now. Everyone is hoping he can pull off a miracle, and if he has success, rest assured people will come calling with plans.
Some people call Obama supporters Obamanauts, and my son reminded me that things really didn't turn out so well for the Argonauts. Obama has many good intentions, and it was a sign of the times he got elected. He is, like Colbert has said, Robin Hood.
He is not rapacious, and he is very smart. He knows what a shitpile he inherited. Working to keep the stocks up, well that is just a piece of the puzzle. He has to fix so much more after all that neglect.
gwk, we gotta get you using commas and periods and paragraphs
he is listening to no one but himself and maybe mrs o but im glad you still support him and i will think about what you said
Didn't HP have an ongoing refrain of "Mark to Market" on every other thread leading up to the crash?
Now SA wants to change mark to market?
WTF, make them do it and file for bankruptcy protection.
Keith it's nice to finally see you write that Obama is a f**kUp.
The question is will he continue to f**kUp?
Let's place a derivative bet assuming one has a 1 million disposable dollars.
Double or nothing -- Will he F**kUp again over the next 30 days?
How much and how will you or others bet?
CRISIS , REACTION , SOLUTION
Have you noticed that every time we have a so called crisis , it results in the American people giving up a little more of there liberties.
So now a huge crisis is on the horizon , this will have a huge reaction from the people followed by a well planned and timed solution from a government that has been systematically taking away our freedoms .
And of course the obama maniacs and other gullible idiots will think governments new plans are great and have there best interest in mind .
If you want to live under the dictates of hypocritical tyrants , then you will certainly have your chance . FOR CHANGE MY FRIENDS IS A COMING.
Truth seeker...
When I was screaming "Mark to Market" a couple of years ago, it was for homeowners to price their homes at what the market would bear, otherwise they would not sell
The "Mark to Market" fair market accounting rule is different. I believe it allows the weak to set the price for the strong, making the strong weak.
There is no market for some paper as the markets have frozen, so there can be no reasonable value assigned today. But if someone wants to offer 1 penny on the dollar, and that's the only bid, then that's the market.
It's like you were going to sell your prized signed cubs jersey on yahoo auctions, but got only one bid, for 1 penny. Is that the true value? No. It just shows there is no active market, that the asset is illiquid. It has value, just not a liquid market.
Feel free to debate this one folks.
And one way to solve this mark to market mess is for the government to create the market, bridging the gap between buyers and sellers, or buying up the assets at discounted but fair values then holding as only the government can do until the market recovers.
This ain't brain surgery. Which confirms we have monkeys in power, not people with brains.
monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys monkeys
Hold on now; in one breath you lament the Plunge Protection Team and in the next you chastise Obama for not "propping up" the markets.
This must run it's course; the seeds were planted decades ago.
Remember Carter? Remember the 70s? America ALREADY COLLAPSED in terms of actual economics. It was only by papering over that reality with Debt
-a.k.a. Reaganomics-
that we managed to make it this far.
The party is over. We have no money, no factories, no morals to speak of.
My beef with Obama is that he isn't coming clean about it!
That is to say, he is still wildly optimistic about our prospects!
If you want to blame him for anything, blame him for that!
11. No Swedish bikini team at my apartment.
12. No new episodes MST3K.
13. That F in P. Chem still on my permanent record.
14. My sixth grade crush still doesn't love me.
15. My hair is still falling out.
These people are f*cking assclowns. What do they want, TWO Months? Three? Get on with it already!
"...spite?...incompetence? Or is it some sort of plan...?"
People don't rise on incompetence, and no competent person indulges themselves when that would cost them a nickel. Process of elimination.
"...it could be all crazy talk..."
Or my personal favorite: coincidence.
"...They don't know what they're doing...[yet]...The results are easy to predict..."
What makes it hard for us normal people to accept is the malevolence and greed of these people. We simply cannot imagine what it must be like to have the world by the balls.
vann, bucko, et al have it exactly right.
"...probably isn't a good idea to walk the perps, grandstand, and place all that upset people have in their lives into a few focal points, when the city is burning so to speak. That could spark riots..."
You stopped your thought with no suggestion of alternative. There is no way to avoid the social and economic consequences.
"...gwk, we gotta get you using commas and periods and paragraphs..."
Scroll bar works well.
"...1 penny. Is that the true value? No. It just shows there is no active market..."
Correct, but because the seller won't sell at that price, the real value NOW is ZERO.
IN other words, clutch tightly all the shit you want folks, because it is not the inherent value of assets at stake, but rather our whole rotten medium of exchange.
It has been mortally compromised by people who profit from debt, and is in it's death throws(sic.)
As another poster put it so well:
"...This must run it's course; the seeds were planted decades ago..."
Amen, brother.
all they are doing is borrowing more money from peter to pay paul.Peter would be china of course.What happens when we cant borrow anymore.Game over.the rich got their money out a long time ago.
Folk, step up to the door for the Grand Opening of your new enterprices.
The government Realty stores.
The government Banking stores.
The government Insurance stores.
The government Auto factories.
Coming soon are,
Government health clinics for the young only please.
Government stock/commodities markets.
Buy your bonds and stocks from your friendly IRS agent TODAY.
Happy days are here again....dumb,dumb,dumb,dumb,dumb.
Ahem,
"If you want to live under the dictates of hypocritical tyrants..."
So let me ask this. How WAS that seven year trip to Mars? Sorry the communications went out. You've got a few things to get caught up on now, so go grab a cuppa and we'll get started...
Keith, you must have loaded up on stocks last fall after the first leg down. You care way too much. Personally, I don't care if the Dow goes to zero.
Re mark-to-market: the idea that something has a value much greater than what anyone is willing to pay for it is flat-out ridiculous. If you can only sell your MBS for 8 cents on the dollar, then that's all it's worth, period. You can sell today, or hope the value goes up if you hold it long enough, just like any other investment. If you think those securities are valued so unfairly, why don't YOU put your money where your mouth is and buy them up at face value?
Get ready for the a big movement in the RED next week. I read that European Banks will be collapsing over the weekend, but it was just a rumor.
Not only are hedge funds pushing this market down... but every day trader is with the SHORT 2X and 3X ETFS. You too can make money on the way down, but is it really worth it. It is a big gamble. You mine as well go to Vegas. They need the money...
Is there ANY good news? No. It's all bad. Every time there is a news report, it's a new bad record.
The 401K's and IRA's are moving to stable bonds or funds or just throwing in the towel and cashing out. I have even thought about it. Will there be a MOABO? Maybe around DOW 4000. Or DOW 2800??
There is so many things left to happen besides the continued fall of housing prices and more job losses before we can pick ourselves up and start recovering. More Banks probably are going to need $$$(BAC), Casino's probably go Bankrupt (LVS), Home builders finally folding, and more Retailers closing their doors.
But, the one big thing I noticed is that the Health care Stocks are getting slammed too. Could it be that the Big O said that the gov. will control the costs of Medicare treatments?
This sh*t is just too scary...
Ron Paul was basically talking about the NWO but said that the Central Bankers are going to "Internationalize" the "System."
I can't believe Keith didn't jump on this...being a huge RP supporter in the past.
http://tinyurl.com/dasd6s
Keith said...
The "Mark to Market" fair market accounting rule is different. I believe it allows the weak to set the price for the strong, making the strong weak.
There is no market for some paper as the markets have frozen, so there can be no reasonable value assigned today. But if someone wants to offer 1 penny on the dollar, and that's the only bid, then that's the market.
It's like you were going to sell your prized signed cubs jersey on yahoo auctions, but got only one bid, for 1 penny. Is that the true value? No. It just shows there is no active market, that the asset is illiquid. It has value, just not a liquid market.
----------------------------
Mark to Market = Truth
If there is no market for an asset, the asset has no value. You can make all the horseshoes you want, betting that horseback is the wave of the future. That doesn't make horseshoes worth squat today.
Holding and waiting until a market magically appears is what they are doing now. Procrastination, with the hope that sooner or later someone will want to buy their pieces of worthless paper.
Waiting for a magic market to appear is sort of like waiting for the Rapture.
I thought you valued the truth? Then again, no one will be able to make money in this environment as long as there is Mark to Market lurking in the back room. So which is it?
Do you want the truth? Or do you want phony profits on imaginary values of worthless assets?
Keith, the reason there is no market for a lot of these things is they're worthless or near it and they're never going to be worth what the holders want them to be no matter how much time passes. Think .com bubble stocks or beanie babies.
Let's just split the country up between the ones who want to borrow like there is no tommorrow and the responsible citizens who do not believe in borrowing their way to false prosperity. Furthermore I am tired of anything or anyone 3rd world being promoted as desirable.
...."The active CDO trading bought a lunch, a paycheck, and a bonus for a corrupt Wall Street employee. Until liquidated, the CDO bonds continue to act, sucking value from the future. THINK BLACK HOLE! The fight against such a powerful force will send gold upward in price, not downward. The deflationist knuckleheads have it backwards, and have failed to notice that gold has risen in price since November."....
Jim Willie
http://tinyurl.com/bch2vp
he must be talking to mish shedlock ....
ha ha ha
According to Alex Jones who predicted this would happen years ago...<<<<
alex jones is controlled opposition. he says a lot of things that are true, but he is also a paranoid deluded self absorbed punk. along with the nuggets of truth, he disperses many lies as well. basically he is a liar and if you listen to him for a while, you will begin to pick up on it....
Holder was deputy atty general when the guy you think is the anti-christ - Clinton - was president.
....
speaking of eric holder. this week that ****tard came out with a statement about gun control and reinstituting the assault weapons ban. everytime these tards say something...it makes me want to go buy 10,000 rounds of ammunition and some more liberty sticks......
Say "Hello" to the Libertarian New World Order.
Folk, step up to the door for the Grand Opening of your new enterprices.
The government Realty stores.
The government Banking stores.
The government Insurance stores.
The government Auto factories.
Coming soon are,
Government health clinics for the young only please.
Government stock/commodities markets.
Buy your bonds and stocks from your friendly IRS agent TODAY.
Happy days are here again....dumb,dumb,dumb,dumb,dumb.<<<<
what about the soylent green? you forgot about the soylent green....
Panic is only now taking hold! It's going to spread at the speed of light. No one will feel safe.
Food is king--with some cash. Everything else is trash.
Buffett: "...economy will be in shambles "well beyond" 2009..."paralyzing fear."..."
Yet "...America's best days lie ahead."
I BET THEY DO, when you have a sack of cash like that at the ready; to swoop up the world at pennies on the (old)dollar.
The Obama team is currently 'running the rapids' of an economic Class 5 waterway.
Their main goal, at this time, is to avoid getting 'sideways' in the cascading, unyielding, and PRE-EXISTING conditions.
With the exception of "maybe" Ron Paul, if you name a name on this blog FROM the news, they are a part of the New World Order clan. Sorry--get used to it. Better yet, accept that it is true. All of them work for the same company.
This situation we are in would have never have happened if Greenspan would have raised interest rates year ago. These low rates and easy loans were the air the blew up the bubble.
I don't understand why the financial firms are so important that they must be bailed out. If we allowed them to fail their assets could be bought up on pennies on the dollar and real estate would reach a true market value quicker then what we are planning now. Homeowners could refi to new values and save money on payments.
Silly Keith. Silly Republicans. Silly Democrats. You're all lazy and waiting for the government to fix the situation that most of you created through your own incompetence.
There's a lot of hatred in the comments on this site. Towards gays, for instance.
As one of those horrible homos, I find it hilarious when some Republican lectures me on "socialism" and then 30 seconds later votes to exclude me from all his pretty gummint programs and hand me the bill for his retirement, his wife's retirement, his kids' education, his health care, etc. and then lecture me on "free markets." Especially funny are the ones who sued to try and make "secret contributions" legal in California so that market participants couldn't find out who sponsored all the anti-gay laws and stop shopping there.
News for all of you -- the gravy train of people who get blamed for everything... gays, single folks, immigrants, etc... has ground to a halt. There's nothing left to take -- well, my shattered "retirement" account and my small four cylinder car, I guess, but that's it.
The spending spree to support "families" who live lives of luxury in McMansions with lovely vacations and super-low taxes with super-high government "services" is over.
It's gone. Forever.
Meanwhile, those of us you've been draining dry through your big government schemes are out of money.
But we have two advantages -- we can live lean and cheap, and we never looked to government to "save us."
Cast your eyes towards the Empty-Suited Messiah brought to you by Goldman Sachs and Merrill Lynch and Citigroup and B of A if you want. It makes you as smart as the people who cast their eyes to Cheney's Chimpanzee brought to you by Halliburton and Enron.
The "Mark to Market" fair market accounting rule is different. I believe it allows the weak to set the price for the strong, making the strong weak.
You're part of the problem.
The reason markets are roiling is because of a crisis of confidence.
The reason there's no confidence is because the books are completely contrived.
Mark to market provides a real view of the actual assets and value of the assets on the books.
Eliminating it allows any old fraudster to brag about "billions of dollars in capital" that doesn't exist.
And, of course, consumers are always expected to "mark to market." You're not allowed to state that your car is worth $1 billion, or that you have a net worth of $5 billion due mostly to "good will and brand" -- and then borrow against that.
That's what corporate America, especially banks, have been doing for years.
Reporting asset values at ANYTHING other than what they actually ARE is FRAUD. Period, end of. There's no difference between saying your "portfolio of real estate" is worth $5 billion when it's only worth $500 million and reporting that your cash balance on hand is $5 billion when it's only really $500 million.
As long as this shit persists, the markets will continue to collapse, since the average investor will view most American enterprises -- especially in financial services -- as complete frauds and their books as completely concocted fantasies.
All the "funny money" is now being exposed for what it is ... worthless.
Of course, this means the stock market - being the giant casino that it is - will eventually crash, and we're now seeing this happen in real-time.
*Producing* and *Saving* are the only ways we can get out of this mess and begin a recovery process for the nation, not gambling on whether which companies do better or worse than others, but it will unfortunately be that much more painful, now especially since the new administration is just doing what the previous one did - just using larger chunks of tax payer's dollars.
The party is over. We have no money, no factories, no morals to speak of.
----------------------------------
No factories. No production. You got that right. They make airplanes in China and Europe, and heavy construction equipment in Japan, too. So guess what? That makes Boeing and Caterpillar expendable. Not much is mentioned about Canada's economy. But I do know that EMD manufactures and services locomotives there, just like GE does here in the States. What if General Electric's financial arm pulls the rest of the company down due to the credit crunch? I guess that makes our All American locomotive company expendable too.
I don't believe the crashing markets are necessarily the fault of our government. I think it has more to do with lack of a trade surplus. We can't base our economy on home values, debt, and retail. Healthcare won't hold up the economy by its self. Hope can only be restored when we are once again making products that the rest of the world needs, and wants.
I can agree with government intervention to facilitate a fair mark to market, but I also think that mark to market has been very healthy for the system in the recent past as it has forced the hands of the heretofore (sic?) bluffing and lying large financial firms.
And when HP was chanting "mark to market" I was doing so in hopes of seeing just this kind of shake out in the banking business.
Good Luck to all now that the market has collapsed.
Capitalism > Parasite consumes Host
Socialism > Host dead, Parasite consumes itself.
that picture is racist!
alex jones is controlled opposition. he says a lot of things that are true, but he is also a paranoid deluded self absorbed punk. along with the nuggets of truth, he disperses many lies as well. basically he is a liar and if you listen to him for a while, you will begin to pick up on it....
Disinformation agent alert!
Every single thing that Alex Jones says is documented, especially because of people like you. Or did you miss his video 2 months before 9-11, in which he tells in detail how the NWO was about to fake a terror attack in NY. Check youtube,; it's right there for all the sheeple to see. Search it: "Alex Jones predicts 9-11"
You're the liar.
The dude (Obama) seems sincere....sincerely clueless, that is. When was a last time the MSM talking heads regularly referred to the prez by first name? It was never "George" screwed things up" but is commonly "Barack" is going to change things." The "all things to all people" approach will backfire, and badly. This administration is so far behind the curve it's not even funny, it's scary. Trying to modify mass amounts of mortgages? Sooo 2008! Converting preferred shares in citi to common? Why not just call it "Super SIV II?" The knee jerk reactions will continue until our Chinese masters completely lose their appetite for our debt. Then the dollar crash, just a little behind schedule. The creation of this oncoming depression, (it's almost here, check Cali's unemployment numbers) may not be his fault, but Obama should have left his gas can behind when he came to the firefight.
"They don't know what they're doing. I mean Geithner is an absolute bumbling idiot. Didn't see it coming and has no idea what to do now."
They know exactly what they're doing. For instance, look at the back of you dollar bill:
Annuit Coepts = Announcing the birth of
Novus Ordum Seclorum = New World Order
The date in roman numerals is 1776, the year the modern Illuminati was formed and also the year of American independence.
E Pluribus Unum = 'One out of many' which is the foundation of the New World Order's plan to unify the world's governments, religions and money systems into one so the world can be controlled.
The capstone has not come down on the Pyramid. This means that the plan is not complete. Only when the New World Order is established upon all nations and the world leader is enthroned the plan will be complete. Then the dollar will change into a world single currency. Yes, to accomplish this plan, the dollar will collapse, along with many other currencies.
On the obverse is an eagle whose dexter wing has thirty- two feathers, the number of ordinary degrees in Scottish Rite Freemasonry. The sinister wing has thirty-three feathers, the additional feather corresponding to the Thirty-Third Degree of the Scottish Rite conferred for outstanding Masonic service. The tail feathers number nine, the number of degrees in the Chapter, Council, and Commandery of the York Rite of Freemasonry.
Notice the stars above the eagle's head forms a hexagram the most evil of all witchcraft symbols.
The All-Seeing Eye inside the pyramid = Big Brother, also known symbol for the eye of Satan. Atop a pyramid, the symbol for a top-down command and control system of compartmentalization. The global elite sits atop the pyramid, while the serfs (YOU) serve them.
Hexagram (star of David) again revealed when you trace straight lines from "A" of Annuit to "S" in Coeptis to last "O" in Ordo back to "A' in Annuit. Now trace outline of pyramid design including the eye and the letters "N" in Novus and "M" in Seclorum, to form entire pentagram. All those letters form the word, "MASON".
13 leaves in the olive branch
13 bars and stripes in the shield
13 arrows in the right claw
13 letters in the "E Pluribus Unum"
13 granite stones in the Pyramid
13 letters in Annuit Coeptis
13 stars in crest above eagle
Looking just above the eagle's head you will see 13 pentagrams within a cloud. The pentagrams are arranged in the shape of a hexagram - or greater Seal of Solomon. The hexagram is a powerful tool used by pagans to invoke Satan. It is also the sign of Anti Christ with 6 points, 6 angles and 6 planes (666).
Eagle is in reality a Phoenix, the symbol from the Egyptian Cult of Aton, origin of the Illuminati. The eagle replaced the Phoenix in 1841 as the national bird. As you know, the Phoenix dies and raises again from the ashes. Sounds familiar to current times?
The rising sun behind the eye/small pyramid is the symbol of the same cult, which means "New Age". The same rising sun in Obama's campaign logo. Sometimes they disguise the rising sun by making a circle behind a pyramid shape mountain or other object. Check the movie industry logos.
If you pay attention to all major players in the world, from tech companies to financials and industrials; they all have the pyramid or the eye or the rising sun in their logos. Sometimes they are hidden, disguised, abstract. That includes some controversial religions followed by celebs. Search the logos of major multinationals and you'll see the sign.
To the right of George Washington's portrait on the front of the American Dollar Bill you will see the Seal of the Department of the Treasury. It comprises of a key, the scales of justice and a square which is a very important symbol in Freemasonry. If you look at the square you will see 13 holes in it.
There's a lot of hatred in the comments on this site.
Actually there are many ideas (absurd are ok) thrown around in this blog and back at HP, so people can react to them, rant, vent, criticize, participate, deconstruct, mock, or just observe. If you haven't noticed, Keith has been doing an excellent job, intentionally or not, by maintaining this format. Newbies take a while to figure that out and some old ones never do.
However, I do agree that we're all victims of duality forms of energy, created by the global elite, in order to profit from chaos and to keep us under a leash. For instance, check the list or dualities below that are thrown at us daily. They're manipulation tactics used to create war, disease, death, profits, fear and the like:
Satan - God
Antichrist - Christ
Woman - Man
Gay - Straight
Bad - Good
Atheist - Believer
Arab - Jew
Republican - Democrat
Old - New
Koran - Bible
Left Wing - Right Wing
Liberal - Conservative
Rich - Poor
Global Warming - Green
Capitalism - Socialism
Ugly - Pretty
Protectionism - Globalism
Uneducated - Educated
Black - White
These are ideas which seem to be opposites, but are actually designed to attract confrontation that in turn generates the confusion the global elite needs to stay in control. Remember, they have no control or power but that which they manipulate from us or we offer them. Put these filter-glasses on to see the system in an entire different way.
Tim "Turbo Tax" Geithner is just a stooge/patsy, as is Barrack "One Speeck" Obama, Eric "Waco" Holder and schapiro.
i am cranking up my withholding exemptions at work come monday. come april 15th 2010 I want to OWE the government money, not the other way around.
Now BO want's everyone to have a college education.
That is fine and good but doesn't he realize that it doesn't move anyone "up the ladder" it simply raises the whole tide and that you will be able to order your value meal with fries in Latin?
The result will be that to make minimum wage your will need a 4 year degree.
perhaps he does but what he is really trying to do is reduce the ranks of the unemployed by sending them to school.
"If you pay attention to all major players in the world, from tech companies to financials and industrials; they all have the pyramid or the eye or the rising sun in their logos."
Oh, c'mon dude. I spent enough minutes of my life checking into this BS, and the results are in:
I would've had more fun analyzing the cloud patterns, and learned a lot more along the way.
Not saying we're not all screwed, but I refuse to lick the sediment off the bottom of the barrel.
Find something more important to believe in -- you'd make a bigger difference that way.
if i can survive ten years the millions of orange and grapefruit tree seeds ive planted will produce a third generation
Can you say "Shock Doctrine"? Of course it's intentional. It's much easier to force radical change on people when they are under duress. That's why we hear things like "catastrophe" and "this sucker may go down".
>>Oh, c'mon dude. I spent enough minutes of my life checking into this BS, and the results are in:
I would've had more fun analyzing the cloud patterns, and learned a lot more along the way.<<
So check all these logos out for yourself:
http://tinyurl.com/d6hwq6
And remember, this is just a short list. Check all the logos around you everyday. Check some tech companies. Why would they go out of their way to include a pyramid, rising sun, and eye, in their logos?
Oh and never mind that there's a tiny owl hidden in the dollar bill (next to the number 1, looking from behind the left upper frame corner), which is a pagan Babylonian symbol, from the same Illuminati. The same owl, although giant, is found at the Bohemian Grove Club in CA, where the global elite meets every year to simulate pagan rituals in front of it. Heads of states, politicians, celebs, ALL male presidential candidates, major CEOs, all go there to see pagan rituals in front of an owl. It's on record, on video and on print by major publications. Here's a picture of the ritual:
http://tinyurl.com/byzqy9
I mean, don't you find that a bit peculiar? The people who writes the future of the world participating in this? What about the same owl shape found when you see the White House from an aerial view:
http://tinyurl.com/bvynyv
You people better get out of this domesticated trance the NWO has put you on to learn again how to add 2 and 2. These freaks are pulling something major right now. But then you might say, "I don't care, it won't affect me". Really? Do you know that one of the plans of a New World Order involves the mass reduction of the world population? That might include you. Do you know that once they get someone's DNA, b-weapons can be developed to target specific individuals or groups? You better wake up.
It's been 5 weeks and you expect the world to have changed by now. I still believe Obama is a smart man and willing to make changes and listen to contrarian advice. He will do what is needed. The big problem I see is his lack of experience but he is a fast learner and will make the right corrections when he realizes he is geting bad advice. Give him a year. This fiasco took a decade to explode and will not be solved in a matter of months. He cannot act too quickly because doing so will create chaos. If Geithner and Summers aren't able or willing to do the right things Obama will dump them and find the right people to get the job done.
"Dow 5,000 is not a pretty sight.
Obama could rally the markets 1,500 points in a day. Just has to do announce some of the things on my list."
Fuck the stock market. It's rigged so that those who control it rape those who "invest". I have zero in and will never put a dime in until it stops being a casino for the little guy while those who pull the strings profit no matter what.
"...alex jones...says a lot of things that are true...he is a liar..."
The fact that he is a blowhard demagogue narcissist in no way effects the accuracy of what he reports.
Ponder what exactly he is up against. To say it formidable is farce.
LOVED the Gergen ambush. Up to about {02:50} anyway.
This is serious business, Mr. Jones. You cheapen and dilute the gravity of what you report when you indulge yourself like that.
Is the ritual gentlemanly? ;^D
Keefer,
If interest in an item is very thin or non-existent the market it illiquid and mark to market principles wouldn't apply.
The best thing the gov't can do is create a market for these, forcing disclosure and bringing buyers and sellers together to the table.
In the absence of this information, mark to market is not only impractical, it's meaningless.
Heard Ken Lewis say pretty much the same thing yesterday on an interrview on TV.
-Mike
Anonymous said...
Capitalism > Parasite consumes Host
Socialism > Host dead, Parasite consumes itself.
That's perfect.
"...Here's a picture of the ritual:
http://tinyurl.com/byzqy9
I mean, don't you find that a bit peculiar?..."
It is SO BIZARRE that most people dismiss it as an unfathomable quirk.
Hardly. There is something wicked, something indescribably evil in all this.
Cremation Of Care is but a psychological salve to those with the last shred of conscience or decency.
Do not let the pleasant, genteel manner dissuade you from considering what is at the core of these people's psyches and souls.
It. Ain't. Pretty.
.
The Czar of Truth, in charge of news, entertainment, education and the fine arts.
The Czar of Peace, concerns itself with war in Iraq & Afheganistan.
The Czar of Love, maintains law and order.
The Czar of Plenty, responsible for economic affairs and food stamps.
.
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