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Buy the All Time High

W all Street is only one of several financial roach motels in what has become a giant slum of a global economy. Notional “money” scuttles in for safety and nourishment, but may never get out alive. Tom Friedman of The New York Times really put one over on the soft-headed American public when he declared in a string of books that the global economy was a permanent installation in the human condition. What we’re seeing “out there” these days is the basic operating system of that economy trying to shake itself to pieces.

The reason it has to try so hard is that the various players in the global economy game have constructed an armature of falsehood to hold it in place — for instance the pipeline of central bank “liquidity” creation that pretends to be capital propping up markets. It would be most accurate to call it fake wealth. It is not liquid at all but rather gaseous, and that is why it tends to blow “bubbles” in the places to which it flows. When the bubbles pop, the gas will tend to escape quickly and dramatically, and the ground will be littered with the pathetic broken balloons of so many hopes and dreams.

All of this mighty, tragic effort to prop up a matrix of lies might have gone into a set of activities aimed at preserving the project of remaining civilized. But that would have required the dismantling of rackets such as agri-business, big-box commerce, the medical-hostage game, the Happy Motoring channel-stuffing scam, the suburban sprawl “industry,” and the higher ed loan swindle. All of these evil systems have to go and must be replaced by more straightforward and honest endeavors aimed at growing food, doing trade, healing people, traveling, building places worth living in, and learning useful things.

All of those endeavors have to become smaller, less complex, more local, and reality-based — rather than based, as now, on overgrown and sinister intermediaries creaming off layers of value, leaving nothing behind but a thin entropic gruel of waste. All of this inescapable reform is being held up by the intransigence of a banking system that can’t admit that it has entered the stage of criticality. It sustains itself on its sheer faith in perpetual levitation. It is reasonable to believe that upsetting that faith might lead to war. After all, a number of places organized as nation-states will be full of angry, distressed citizens clamoring for sustenance and easy answers — and quite a bit of their remaining real capital is stored in the form of things that blow up.

There is an awful lot that President Barack Obama has to answer for after all this time. But there is almost no public chatter (let alone true debate) about his failure to discipline the banking system. He should have commenced to restructure the biggest banks in January of 2009. He should have proposed through his congressional proxies the reinstatement of the Glass-Steagall act. Almost nobody besides Bill Black has remarked on the remarkable record of the SEC under Obama in making no criminal referrals to the Department of Justice, not to mention the stupendous dereliction of Attorney General Eric Holder.

Of course, Barack Obama is not the only eminent office holder in the land. The behavior of all the others the past decade represents such a titanic failure of nerve and action that the younger generation must think that only revolution can avail. I believe they’ll get their chance. Everything on the horizon — most particularly the idiotic chorus of financial “bulls” — points to an ever more harrowing outcome of the orchestrated pretense that governs money matters in this moment of history.

More of the moment is the anxious decision of the Ferguson, Missouri, grand jury in the matter of Michael Brown’s death. The race hustlers so prominently showcased on CNN want to put over the story that there is only one possible just decision. If it doesn’t work out the way they like, this will be a bloody holiday and perhaps the beginning of something much bigger.

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428 Responses to “Buy the All Time High”

  1. Htruth November 24, 2014 at 9:24 am #

    Financial repression will continue until the 99 percent wake up: http://youtu.be/RhpgoxSx_gM

    • lsjogren November 24, 2014 at 9:45 am #

      At least the faux populists like Elizabeth Warren haven’t caught on beyond their small political base among the one percenter left.

      • cornpone2014 November 24, 2014 at 10:00 am #

        Any chance for a Warren-Sharpton ticket in 2016?

        • vengeur November 24, 2014 at 8:48 pm #

          About as much chance as Warren’s high cheek boned granny was Native American. Is she still claiming that bogus Native American ancestry?

    • K-Dog November 24, 2014 at 10:20 am #

      But how may creeping aeons of eternity will it be before they wake up?

      • K-Dog November 24, 2014 at 10:22 am #

        oops – how ‘many’ creeping aeons of eternity it should be !

  2. Neon Vincent November 24, 2014 at 9:51 am #

    “All of those endeavors have to become smaller, less complex, more local, and reality-based — rather than based, as now, on overgrown and sinister intermediaries creaming off layers of value, leaving nothing behind but a thin entropic gruel of waste.”

    It sounds like you’ve been reading The Archdruid. He’s been talking about the evils of intermediation the past few weeks.

    “Everything on the horizon — most particularly the idiotic chorus of financial “bulls” — points to an ever more harrowing outcome of the orchestrated pretense that governs money matters in this moment of history.”

    Part of that chorus of “financial bulls” included the University of Michigan, which predicted last week that the national economy is “ready for takeoff.” Their economists expected faster growth next year and increased employment. Part of that prediction was a continued low price for oil. I have my doubts cheaper oil will last that long and 2016 may be the last good year for what is left of business as usual. After all, these are not business as usual times.

  3. AKlein November 24, 2014 at 9:51 am #

    I think JHK is telling us we’re not in Kansas anymore. Ain’t that the truth!

  4. cornpone2014 November 24, 2014 at 9:51 am #

    “If it doesn’t work out the way they like, this will be a bloody holiday and perhaps the beginning of something much bigger.”

    Indeed, the Hip-Hop Brigade is staged and ready to put a match to it. Real good time to take ol’ Remus’ advice and “stay away from crowds”

    And if you haven’t done so already “get a gun and learn how to use it.”

  5. FincaInTheMountains November 24, 2014 at 10:16 am #

    The way I see it there are only two choices for American Elite: 1. Go for rapid re-industrialization of the economy using a Tarpley’s plan of opening 5 trillion Fed Window for buying long term, low interest States infrastructure bonds as well as other projects aimed at tangible good production within US and 2. Stick to existent model of making money by constantly expanding dollar emission, uncontrolled growth of Stock Market.

    Plan 1 will lead to US loosing it dominant position in the world’s financial system, Plan 2 will lead to constant growth in world’s instability, may be even to nuclear war.

    So it is either saving the current world financial system with complete FED domination at the cost of total destruction of American economy, or saving the American economy at the cost of destroying existing financial system.

    It seems that American political elite feel more comfortable with saving the current financial system at the expense of American economy

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    • russ November 24, 2014 at 10:50 am #

      “…It seems that American political elite feel more comfortable with saving the current financial system at the expense of American economy…”

      I agree with you. ‘Plan 2’ does not involve flesh and blood nor any natural resource nor geological constraints. Accordingly, in ‘Plan 2’, you can tap away on your calculator and show that you are well on your way to infinite wealth. Whether the results are totally bogus or not is of no concern – it just feels so darn good.

      Besides, ‘Plan 1’ involves actual physical construction, and worst of all, workers in large numbers. Workers in such large numbers that they might actually ask for a raise. Nah. Hence ‘Plan 1’ is DOA.

    • wayfarer November 24, 2014 at 10:53 am #

      A very extreme alternative would be to set off 10 nuclear EMP’s above the atmosphere spaced around the developed world. No nuclear fallout or out of control plagues to deal with and you still get rid of more than half the world’s population in the first year. And the rising population/resources ratio is the biggest problem.

      • lsjogren November 24, 2014 at 12:38 pm #

        In the short term, population/resource ratio is not a problem, as new fossil fuel supplies are unleashed.

        When Peak Oil hits, that ratio will indeed be a problem and we will have the burst of the “human bubble”, similar to the collapse of the tech bubble and real estate bubble except this time it will the the human race as a whole that crashes.

      • baird November 24, 2014 at 1:20 pm #

        Not sure I subscribe to your remedy but overpopulation is without question a primary factor in the global catastrophe into which we are descending. IMHO there is a convergence of financial, social, environmental and military “issues” which is unprecedented in scale and potential for very nasty futures. This juggernaut continues and either we are oblivious or too shellshocked to even look. I for one don’t even know how to confront these questions effectively.

  6. K-Dog November 24, 2014 at 10:18 am #

    “All of these evil systems have to go and must be replaced by more straightforward and honest endeavors aimed at growing food, doing trade, healing people, traveling, building places worth living in, and learning useful things.”

    Yeah, but it is not going to happen. In the country of I’ve got mine you get yours nothing has changed. Those who have, make all the rules. Those who have not just try and get by. A country going European in it’s national employment participation rate is not a country interested in building places worth living in. I wish it were not so.

    Myself, I’m off to start a new job today. Good news for me, but it was a long long time a looking! The faux prosperity of low gas prices hides many sins.

  7. Greg Knepp November 24, 2014 at 10:35 am #

    “…that the younger generation must think that only revolution can avail.”

    A revolution seems unlikely. The very idea of revolution of any kind may well be a relic of the industrial era when mass protest often proved an effective means of fomenting needed change. In a fragmenting world this ‘perception model’ (for lack of a better term) may need to be discarded. The Millennials have about the same interest in mass protest as my generation – the Boomers – had in the flappers and bootleggers of the Roaring Twenties: fascinating and even laudable, but hardly relevant to the challenges of our time.

    The Boomer perception model was formed under special political, social and economic circumstances. It borrowed much from the past but had unique characteristics of its own. It was powerful (though glitzy) and fostered an overall cultural format that, over time, became stylized – or ‘formalized’ if you will – and took on an inertia that carried it well beyond its original adaptive function.

    Inevitably ‘cultural lag’ set in, which now manifests itself in the form of an aging hippie looking with disdain on the Millennials and grumbling, “why in the hell don’t they protest? Can’t they see what’s going on? Back in the day we would have…”

    Well, this is not ‘the day’. It is a decidedly different day, and the ‘new normal’ isn’t new to the Millennials…it’s just normal.

    • orbit7er November 24, 2014 at 11:24 am #

      Greg Knep writes: “…which now manifests itself in the form of an aging hippie looking with disdain on the Millennials and grumbling, “why in the hell don’t they protest?…”
      I am an aging hippy with 2 college daughters and their cousins all Millennials. My oldest daughter was among the coordinators and Peacekeepers of the 400,000 strong Climate Rally in NYC Sept 21st.
      I also attended along with many “hippy” brethren still rallying after all these years for Peace, Justice and the World citizen way. There were very many young people at the Rally. Even the “conservatives” amongst my nephews and nieces know full well the planet is getting screwed along with their futures. They are not in denial of Climate Change, the need to end the endless Wars and some of my daughter’s friends never even got driver’s licenses. They are moving back to Green Transit walkable urban communities or some, like a neighbor, are active in the Community farming movement. She has worked a couple summers on a real organic farm in upstate New York.
      Unfortunately although it was the rabblerousers like myself and Mr Kunstler, the rock musicians who got all the publicity it is important to note that Nixon actually won the Youth vote in 1972!
      No way that is happening today…
      Moreover even if the community service required for colleges is sometimes a joke, it has encouraged a sensibility to others and eagerness to volunteer. For serious activist like my daughters they have a much more pragmatic approach to organizing “did you have petitions for people to sign or actions? did you get names for mobilization?”
      As Pete Seeger said before he died, “I think it will be the women and the children who save us if anyone does…”
      I find much more resistance to breaking with Auto Addiction amongst Babyboomers who were raised in the ascendancy of Happy Motoring and also more trusting of the endless Wars…
      I think the Millennial are destined to be the TRUE “Greatest Generation”

      • Greg Knepp November 24, 2014 at 12:12 pm #

        orbit,

        Not owning an automobile and shunning the suburban lifestyle has more to do with pragmatism than protest. The same is true with involvement in local politics, gardening and other like issues. It is all more a matter of personal and community survival than any large-scale movement. The Millennials see national issues as fuzzy and unmovable.

        The Millennials are private sorts, communicating with each other on hand-held devices in a dialect all their own. They tolerate us, but we – to the extent that we cling to our cherished cultural models – are perceived as hollow shells. They even seem unconcerned about their college loans, lacking the kind of future orientation to which our generation so dearly clung. They are local in both time and space. And there is a depressed mood among them. They call it “emo”. This mood is shared and is a given.

        Of course there are exceptions – like the Young Republicans of our time – but we, the long-haired protesters, were the ones who shaped the 60’s zietgiest. The Millennials that I have described are representative of the current generational ‘perception model’. The exceptions only prove the rule

        Don’t get me wrong! I love these kids. They are, above all, realists.

        • St. Roy November 24, 2014 at 1:19 pm #

          GK

          Good observation and well-articulated. I see the same in my 30 year old. Their emerging value system is much different.

        • ozone November 24, 2014 at 1:28 pm #

          That’s a pithy observation, Greg, but I would opine that EVERYTHING begins with what is in our direct sphere of influence (local).

          Large scale “movements” make them easy to co-opt, and much effort has been expended by professional intermediaries on refining techniques for doing just that. It’s my belief that ‘the kids’ are busy flying under the radar and DOING, locally, rather than yap-flapping about it.

          Also (as you’ve pointed out) they’re resigned and ready to break/ignore the unreasonable contracts they’ve been saddled with; this is simply a pragmatic response that may do more to collapse the present paradigm than we might imagine. The present system depends heavily on debt-slavery. Responding to the immediate is only logical in this era of the rule of liars and their paid minions. (Yes, serial liar will become a very dangerous profession.)

          As I’ve pointed out before, those who say that everything [as presently conformed] is fine and on-track have a vested interest in saying so, and give more time to those in charge of perpetrating the Big Cons.

        • orbit7er November 24, 2014 at 3:13 pm #

          I am not sure about Millennials being only local in time and space . My daughters have both gotten to study abroad which was a rarity for my time in college. And they can communicate via text messsage, facebook, and email to their cousins in Spain and all over the US and the world. Remember that the Occupy Movement was actually inspired by the Arab Spring in Tunisia and Egypt which then came back to Wall Street. Local change IS critical but it is hardly enough when we are wasting $1 Trillion a year on endless Wars of destruction and hundreds of billions on Auto Addiction. As Naomi Klein has pointed out the boutique individualistic Greenwashing of many Sierra Club environmentalists will not resolve our crises by recycling a few cans,etc. The true affronts to the Environment are Wars, Auto Addiction and the huge affronts of mass industrial and agricultural production. So long as huge amounts of our resources are seized by the plutocrats for these wasteful endeavors it leaves little for the distributed local production we need. For example, 150 cities had Green Transit cuts after the 2008 meltdown – ironically in most cases to payoff the banksters for interest rate derivatives. Here in New Jersey we are blessed with a plethora of surviving real Main Streets Kunstler extols due to the survival of some Rail.
          Every Main Street of that sort is clustered around train stations.
          But they have been hampered because due to Gov Christie taking $7 billion meant for Rail for highway widening many towns have little to no off-peak or weekend train service. This is a decision at the STATE level and of course Amtrak’s threadbare survival despite all attempts to kill it are at the NATIONAL level. You can’t just up and decide to run a train somewhere without the tracks to run it on…

          • Greg Knepp November 24, 2014 at 6:18 pm #

            orbit

            My daughter studied in London over the summer. She loved it. Educated young Americans will do anything to get the hell out of the US. Their lack of patriotism is near total. They don’t identify with the American dream in any form.

            As far as the occupy movement is concerned – it was a dismal failure, a picnic in the park compared to the mammoth anti-war and civil rights movements of the 60’s. I can’t tell for sure, but from what I saw on TV, the occupy protesters who bothered to make the scene in New York looked a little long of tooth to qualify as Millennials. I could be wrong.

            I can’t argue with the rest of your points. They make perfect sense to me. But I’m a bitter old fart who lives in a world that has passed into a new and confusing phase.

          • Karah November 24, 2014 at 10:10 pm #

            the occupy movement seemed more like an art installation than a protest. like someone deciding to live in a glass box for a week. except the people living in a glass box were the “elite”. they were observing the crowds and finding ways to control them by raising the pruce of admission or just shutting things down….whoops…no longer public space!

        • GutenbergGuy November 25, 2014 at 5:07 pm #

          As a Boomer, I can’t help but think that the Millennials will have to have an eye-opening, even life-changing, experience like our generation did. Everything said about social, etc., experience is true of course. We were also told we were the greatest generation, praised even for protesting and for our “idealism.”
          But our experience included the important realization that this country called America was presenting itself as a Defender of Democracy while millions of its citizens were denied the right to vote simply because of the color of their skin.
          That was a game changer. It changed our “perception model” and our “emo” dramatically. But only for about half of us.
          What portends with all these warmongers in BOTH parties? Where do you all think that will lead? And how do you think Ferguson and the militarization of law enforcement will affect their “private” world.,
          And now we have to sit through the spectacle of a Democratic Party that won’t stand up to the likes of Michelle Bachmann and Rick Perry.
          You have no idea what depression is.

          • Greg Knepp November 25, 2014 at 8:22 pm #

            GutenbergGuy

            Both you and Orbit bring up an important point – that the cultural game changers of the 60’s (the long-haired, free love, war protesting, dope smoking, civil rights activist, environmentalist, bell-bottom wearing hippies) were in the minority even within their own age group. This is certainly accurate.

            As late as 1970 I was still being derided as a ‘sissy’ or a ‘gurl’ by working class and small town young men who couldn’t manage to come to terms with my shoulder-length tresses and odd attire. But by mid-decade these very same fellows had abandoned their burr cuts (or pompadours, duck tails and sideburns) for the full blown hippie look, replete with long hair, tie-dyed tees and flair-bottom pants.. By that time “peace brother” had become just another component of hillbilly jargon.

            Deep changes? Who knows. But we carried on; we pushed through some important legislation, and helped bring America to its senses regarding the terrible mess in Vietnam. What’s more, we altered the look, sound and feel of a culture that hadn’t moved an inch since the nineteen-twenties.

            Active minorities change cultures – not the masses. History teaches this.

      • barbisbest November 30, 2014 at 1:50 pm #

        Orbti7er. Indeed you may be right, millenials may destined to be the true “greatest generation”! Don’t think some baby boomers and like me on the cusp of babyboomer/millenial aren’t looking at all this and not having nightmares. Some of us are. I marched at the climate rally in DC in February a couple years hence along with 60,000 others, including scientists and distinguished others, and left my employ willingly to live on less, I go medieval partially now willingly. Do what you have to do. I aye was here.

  8. edward4432 November 24, 2014 at 10:50 am #

    It seems to me that there is no viable medium of exchange then fiat currency as world trade is well beyond anything else. Barter? Laughable. Bitcoin? Who knows. So is a country of 320 million supposed to live on Victory Gardens? The big boxes are here because it’s the most efficient and cheapest way to distribute goods.
    There is widespread corruption that could/will bring down the system and the comments I read on say a report of police brutality suggests that America is ready for a dictator. But will that solve the problems. It never has in the past.
    We just have to live with the inperfectibility of man and muddle through the best we can.

    • wayfarer November 24, 2014 at 11:16 am #

      Muddle through if we can but I doubt it will be that easy. I think most people don’t get serious about what matters until they are sick and suffering and I think this applies to societies too. Not enough suffering in the U.S. to begin to get serious about fixing anything.

      The Chinese now, they had a few hundred years of suffering, and they are serious.

    • GutenbergGuy November 25, 2014 at 5:12 pm #

      “The big boxes are here because it’s the most efficient and cheapest way to distribute goods.”

      Simply not true. Very efficient for those who make huge profits, like the Waltons, in the long run very inefficient and costly for the rest of us. It’s the long-term costs the preset system ignores – in favor of short-term gain, the “golden calf” of the Capitalist Idolatry.

      That should be the lesson in what we’ve seen so far.

      • edward4432 November 26, 2014 at 9:02 am #

        You contradict yourself. If it’s efficient for the owners then it is efficient. The goods are taken directly to the store and warehoused there. That’s why they are big.

  9. Malthus November 24, 2014 at 11:04 am #

    What a word Smith. “the medical-hostage game,” “a giant slum of a global economy,” Good. And then there is that bum in the White House.

    • Beryl of Oyl November 24, 2014 at 12:06 pm #

      I loved it. “Medical-hostage game”. Perfect.

    • GutenbergGuy November 25, 2014 at 5:14 pm #

      High tech in the midst of squalor is how I describe it. And Medieval Man has even conquered space!!

    • edward4432 November 26, 2014 at 9:00 am #

      You contradict yourself. If it’s efficient for the owners then it is efficient. The goods are taken directly to the store and warehoused there. That’s why they are big.

  10. beantownbill. November 24, 2014 at 11:05 am #

    Over-complexity of the financial system masks the true nature of our economy. It’s all sleight-of-hand. Watch the government save the economy with one hand, while banksters pocket the “money” with the other.

    Of course, eventually all magic tricks get exposed. Peering into the bottom of the magician’s hat reveals the illusion: The issue is really simple. You just can’t spent more than you take in. I’m not well-versed in 18th and 19th century economic history, so I can’t speak with authority about the American economy then, but I do know that things seem to have gone downhill since 1913.

    Politicians are ostriches. They believe if they ignore a problem it will go away. Unfortunately for them (and us, too), a time of financial reckoning has to happen. It would go against the laws of nature otherwise.

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    • BackRowHeckler November 24, 2014 at 5:31 pm #

      What you are talking about Bill is the Long Con; it’ll go on for a while yet. Just came back from the supermarket, 25 aisles of every delicacy known to man. Whether or not it is good food I’m in no position to determine.

      brh

      • Karah November 24, 2014 at 10:13 pm #

        part of the whole fake wealth as fake prosperity.
        life is just a cornucopia of food stuffs to those with an suv and plastic credit.

  11. FincaInTheMountains November 24, 2014 at 11:22 am #

    How USA eliminated its chief economical competitor

    In the 1980s in the American establishment was confident that the economy of Japan is threatening America’s national security much more than the Soviet nuclear missiles. Indeed, at that time Japan was on the world Olympus. Exporting industry of Japan won almost all economically important areas: from cars to televisions and chips. Its trade balance was the most powerful in the world.

    In the 80 years of the last century, America was gripped by paranoid fear of the Japanese – even Hollywood was making movies in which the Japanese ruthlessly ruled the US economy. This is a very significant fact.

    Capitalization of Japanese companies has reached 40% of world capitalization, well ahead of the United States. The same pattern was in real estate. The total value of the land on the islands of Honshu, Hokkaido, Kyushu and Shikoku exceeded the cost of the rest of the land on the planet. In America, there was virtually no audio technology industry, that was lead by the Yankees.

    But what happened next well fits within “conspiracy theory”.

    At the peak of Japanese economic power Plaza Accord was signed (http://en.wikipedia.org/wiki/Plaza_Accord) , that tied the hands of Bank of Japan. There were also other legal arrangements of this kind, in particular, on the openness of Japanese banks. After that the rate of the Japanese currency was no longer decided in Japan, but in Washington. Naturally for three years – from 1986 to 1989 – the rate of Japanese yen has nearly tripled: from 265 yen per dollar to 138 yen. Particularly yen has risen after the collapse of US stock exchanges in 89. In parallel, the Americans started to inflate Japanese stock market. In fact, there were many planned economic warfare operations against the Japanese economy.

    The research groups of the “best and brightest” of American experts patiently explained to the skeptics that unimaginable Japanese stock prices reflect the unique character of Japanese finance and economics. And so patiently that it was believed by the Japanese themselves, who in 1988 started the construction of a huge number of new plants, creating subsequently economy with the “zombie” prefix.

    Japanese economic miracle had collapsed in one day.

    The stock exchange index Nikkei kept rising throughout 1989, reaching in December astronomical amount – 38,915. However, January 1, 1990 Tokyo Stock Exchange suffered from the dumping of a large number of Japanese stocks and bonds. The Bank of Japan tried to stabilize the situation by buying assets. But the forces were not equal, and in August 1992 the value of the index Nikkei fell to 14,309, which corresponds to a loss of 500 trillion yen or the annual GDP of the island nation. Japanese did not dare to write off these losses thus dooming themselves to zero growth, which has lasted for a period of twenty years.

    • SpeedyBB November 29, 2014 at 4:32 pm #

      A most intriguing appraisal of Japan and its quandary. It brought to mind the fact that for all their momentum and determination it is the inflexibility of the “Japanese mind” that forestalled any daring or adroit moves – and not just in the world of finance.

      A study of the battles of WW II shows, time and again, that when a commanding officer was killed in action his subordinates responded with the “headless chicken” panic typical of rigid pyramidal cultures. A banzai charge may be a colorful theatrical maneuver but it is not a shrewd application of military assets.

      This is also why MacArthur and Washington were clever to leave the Imp in place: with Hirohito as the “symbol” of the nation a smooth change of senior management was executed, cleverly shutting out the Soviets.

      Look at the 1980s purchase of Rockefeller Center, which at the time created an uproar about the “takeover” of the American economy. The new owners from Tokyo came out of that one rather poorly as I recall.

      They are really and truly stuck, in a fast-changing, insecure and unpredictable world, and they are not blind enough to be unaware of this reality. Still, the rigidity of the culture and its inability to face off with Uncle has doomed them to what an ex-friend (a Japanese moved to Canada) so aptly termed “suffering beautifully”.

  12. JL Eagan November 24, 2014 at 11:23 am #

    I have to jump in here because of one passing item (an important one) that just tripped my trigger. That was the item about the lack of Obama proposing (quite rightly) a restoration of the Glass-Steagall Banking Act of 1933.

    This drives me up a wall, because not only does this appear to be missing something, but it has been a fairly regular thing to find myself pointing this out.

    The last I looked, there were two proposed bills, one in each chamber of Congress, that do just that, propose, fairly simply and concisely, a restoration of at least some basics of the repealed Act in question.

    behold:

    http://beta.congress.gov/bill/113th-congress/house-bill/129/text

    https://www.govtrack.us/congress/bills/113/s1282

    One side item that kills me, that’s a good example of the problem, is that among the tribe on The Book of Face there is a guy who is usually “sharing” links to all kinds of political news and topics, which includes an obvious admiration and devotion to Sen. Elizabeth Warren, and HE never mentions it, even after I pointed out the above, when Sen. Warren introduced the bill, along with Sen. John McCain (amazingly, in one of his rare lucid moments, apparently.).

    NOBODY SEEMS TO EVEN KNOW ABOUT THESE, even, somehow, people paying attention to the raging chaotic clusterfuck of banking and finance and the political lunacy that surrounds it.

    And, of course, to get back to Jim’s statement, Obama has not said a WORD about it that I know of, while the farcical and useless dog and pony show of “Dodd-Frank” got (and gets) all the attention, as some sort of “financial reform”.

    JLE

    • FincaInTheMountains November 24, 2014 at 11:44 am #

      I remember reading that London declared that restoration of Glass-Steagall act would be taken by Great Britain as declaration of war.

      Abandoning of Glass-Steagal was a key point in giving Cartel Banks a carte blanche in speculating with other people money (including US government).

      • hineshammer November 25, 2014 at 4:40 am #

        Ooh scary…War with Britain. We might need to call up the Vermont National Guard to handle that one.

        • WW November 29, 2014 at 10:29 am #

          If the national guard reflect the US population as a whole it’d be like clubbing seals on a beach as you invaded. Having said that the US army now rejects most of its applicants because their chronic obesity and they still look chubby. Makes the Swiss army, made up of weekend warriors, look like the SAS in comparison…..

    • FincaInTheMountains November 24, 2014 at 11:49 am #

      For elimination of Glass-Steagall act Americans should be thankful to Alan Greenspan, who received an honorary knighthood from Britain’s Queen Elizabeth II in 2002.

    • Beryl of Oyl November 24, 2014 at 12:09 pm #

      I really did expect Obama to take action in that area, and my expectations of him were very low.

    • GutenbergGuy November 25, 2014 at 5:25 pm #

      I myself put it down to the fact that the Democrats don’t know how to do politics anymore. Can’t even advertise, let alone sell, a bill.

      Then again, except for Warren and a couple other Senators, I didn’t think the Democratic Party saw this as an issue to pursue – while, of course promoting the hell out of that gutless Dodd-Frank bill.

      Could it have to do with the fact that it was a Democratic President, Bill Clinton, who shoved the repeal down our throats? He even celebrated “the end of Big Government” at the signing ceremony. Reagan rhetoric from a Democrat? And the destruction is all around us.

      So pushing return to G-S could also bring up the question of “Who repealed it in the first place?” That could open a can of worms labeled “the Democratic Party’s systematic shift to the right.”

  13. nsa November 24, 2014 at 11:35 am #

    Revolution? The masses of asses will pig out on toxic GMO dead bird, pour down copious cheap fortified pop, belch, then take in some of that jungle ball entertainment…….

  14. Beryl of Oyl November 24, 2014 at 11:58 am #

    Mr. Kunstler nailed the ‘rackets’. The Higher Ed scam is still a scam even when no loans are taken. The aforementioned Michael Brown was said to be on his way to college. Does anyone think he was going to take out loans? Community colleges in our area are expanding tremendously, just look at all the money being spent, if the student can’t afford it the taxpayer will pay. That this creates a lot of high-paying jobs for ex-politicians and the politically connected, goes unnoticed. All the young people will have degrees in the STEM fields. I know people with degrees and experience in those fields who don’t have work, and what happens when the labor market gets saturated?

    • malthuss November 24, 2014 at 12:27 pm #

      Yes, Back Row Heckler has posted salaries of gov employees in his area.
      In mine some cops make 200K a year.
      How can a ‘community college cop’ be justifed in even making 80k a year?

      • Subvert November 24, 2014 at 8:17 pm #

        That’s to ensure their unquestioning loyalty to their Despotic Overlords and to ensure that when the orders come down to murder the taxpayers that pay for the Obese American Hate Tanks they drive to Walmart, that they actually pull the trigger….repeatedly! The cops in Germany were well paid during Hitler’s rise too. Could there be a pattern here? Naaaw, that’s tin hat conspiracy nut stuff, now shut yer gob and watch sum football!!!

      • GutenbergGuy November 25, 2014 at 5:38 pm #

        I would appreciate it very much if people would not speak of “gov employees” with one big smear.
        Cops and others make six-figure base salaries for a reason, and even a Social Democrat like me sees that. Cops and others also get a necessary amount of overtime. Others, like MDs and other professionals, who also make upper-middle class salaries in the private sector, make comparable salaries in the public sector.
        Many of these people defer vacation leave because they simply do not have time. Then, when they retire or get laid off they are paid out all that unused time.
        But these are a small percentage of “gov employees.”
        I worked in the public sector and understaffing is the norm I faced for 22 years. For this and other reasons it was very stressful. I am not a health care professional, but I worked in clinical trial research and never made a six-figure income. My employer, UC, admitted our salaries were below market, and the benefits, especially the pension, were compensation for that.
        So I receive a monthly pension that is about 30% of my peak salary. Not the sort of thing demagogues who demonize and scapegoat public sector workers would like you to know.

        • GutenbergGuy November 25, 2014 at 5:48 pm #

          Ah, but always half the story.

          Seems to me you’re also saying there was nothing in G-S to prevent the banks and other mortgage lenders from engaging in fraudulent lending practices, creating toxic mortgages. If that’s true why wasn’t that obvious money maker pursued, say, in the fifties and sixties? Wouldn’t the ARM fraud have been more common back then?

          And they were encouraged to produce huge numbers of toxic mortgages by those non-banks you mentioned, which bought them up virtually sight unseen, largely for fun and games in the casino they call “investing.”
          Life is a game to them, one without rules. I call that anarchy.

          • GutenbergGuy November 25, 2014 at 5:51 pm #

            This was posted in response to pkrugman, below.

          • Subvert November 25, 2014 at 8:22 pm #

            Hey GutenbergGuy, as a long time Anarchist and student of sociology and political/religious control systems, I’d like to provide you with an accurate definition of Anarchy because I think you’ve probably only heard the Lamestream Media’s non-definition. Anarchy is not rampant chaos, murder and robbery – that’s called State-ism IE: having a government… (that rules over people without their consent, using violent coercion to ensure their compliance.)

            Anarchy is what every single member of the Community Of Life on this planet uses as a social organization system. All of the animals and plants including the 85-90 tribes of indigenous people that “civilized” people haven’t murdered/conquered yet, use this system, and guess what? They live in peace and abundance in a Functional Ecosystem which is symbiotic in nature. The waste of one species is the food of another and every input is an output from something else. A closed loop system of balanced interdependence. When you look at a functional ecosystem such as a forest or prairie or jungle you are looking at the end results of millions of years of beautiful Anarchy!

            A publication from Crimethinc says “Anarchism is the revolutionary idea that no one is more qualified than you are to decide what your life will be.” From this site: http://www.finneyfarm.org/FAQ.html

            Anarchy is also known as Volunteerism, a system free of coercion where people engage with each other freely and “authorities” are in position (A) for a pre-arranged amount of time and (B) are in that position because they have the knowledge and skill to provide expertise and leadership for the defined task for which they are responsible. And (C) because they were voted into it by people who know and trust them. (Far cry from “democracy” eh?) If they fail, another is elected by the local community to lead the process or they are supported to succeed on try #2.

            The root word of “authority” is Author – as in, someone with the expertise to provide guidance in a specific topic or endeavor. In an Anarchic system, a leader or leaders are chosen by those in their community and voted on with a consensus or consensus minus one or super majority vote depending on how the community is organized. The terms and conditions of their leadership role are laid out clearly beforehand and if they fail in their leadership, they are either replaced or supports and changes are added to the plan so they can succeed on the next attempt. Other than electing leaders for certain tasks, there may be a duly elected “Council of Elders” to provide general guidance and dispute resolution, but people are free to run their own lives, to keep or give away the fruits of their labor as they choose and generally live in peace without some Mommy State telling them (at the point of a gun) what to do. Gee, sounds a lot like Life Liberty and the Pursuit of Happiness to me! It is telling that the US constitution and bill of rights were formulated after the ” Great Law of Peace” used by the Iroquois Confederacy who were Anarchists – although the “founders” left out most of the really important ideas that would have made this country truly free. Ideas like only women can vote on going to war. Ha! Endless wars voted for by the women whose children would be killed or maimed in that war? I think not.

            To sum up in a truly American style, bumper sticker-friendly quote: “Anarchy is not a lack of rules, it is a lack of RULERS.”

            Big Difference, no? If you’re interested in learning more about it I would suggest looking up Freedomain Radio on You Tube or reading some of the anarchist blogs like theanarchistlibrary.org The future is ours to determine my friend.

            Cheers!

  15. pkrugman November 24, 2014 at 12:12 pm #

    To JL Eagan:

    “In 1999, President Clinton signed GLB into law. Although it left the bulk of Glass-Steagall in place, it ended the affiliation restrictions, freeing up holding companies to own both commercial and investment banks.

    There is zero evidence this change unleashed the financial crisis. If you tally the institutions that ran into severe problems in 2008-09, the list includes Bear Stearns, Lehman Brothers, Merrill Lynch, AIG, and Fannie Mae and Freddie Mac, none of which would have come under Glass-Steagall’s restrictions. Even President Obama has recently acknowledged that “there is not evidence that having Glass-Steagall in place would somehow change the dynamic.”

    As for the FDIC-insured commercial banks that ran into trouble, the record is also clear: what got them into trouble were not activities restricted by Glass-Steagall. Their problems arose from investments in residential mortgages and residential mortgage-backed securities—investments they had always been free to engage in.”

    “Why the Glass-Steagall Myth Persists” –Forbes

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    • HARM November 24, 2014 at 12:19 pm #

      This has to win “most ridiculous post of the day” –and no surprise, given it’s a quote from Forbes, faithful defenders of the .1%. Glass-Steagall by itself might not have single-handedly prevented the housing bubble and Wall Street crash, but firewalling retail from investment bank assets would have slowed it down quite a bit. And if derivatives and hedge funds had been brought under SEC regulation (shot down in 2000 thanks to Commodity Futures Modernization Act of 2000 (CFMA)), that would have taken a big bite out of the financial bubble-blowing as well.

      Overall, neo-liberalization of finance has been a cancer on the real productive economy and working class citizens, just as Kunstler has correctly and repeatedly pointed out.

      • malthuss November 24, 2014 at 3:01 pm #

        How new are you to this blog and pkrugman?

        • MisterDarling November 24, 2014 at 5:00 pm #

          Thanks Malthuss,

          If this were Reddit, I’d upvote your comment… 😉

          Cheers!

      • GutenbergGuy November 25, 2014 at 5:53 pm #

        Thank you. I had forgotten Clinton’s other gift to Wall Street, the CFMA.

    • lsjogren November 24, 2014 at 12:46 pm #

      One of the books I read on the financial crash made the point that the removal of the prohibition against merger of banks and stock brokerage had little or nothing to do with the financial crash because:

      The purpose of the prohibition was to prevent the intermingling of risk investments with what is supposed to be a conservative, low-risk banking industry.

      However, the financial services industry in the 90s and 00s was one in which stock brokerages were for the most part CONSERVATIVE businesses, just making money off commissions on the trade of stocks.

      In contrast, banking had become a wild west business, due to the reckless slicing and dicing of mortgages into derivatives containing subprime trash but being rated as AAA based on ludicrous statistical rationales.

      Thus, the financial crash happened DESPITE the fact that merged banks and stock brokerages were slightly less financially shaky businesses on account of the stodgy brokerage portion of those business providing stable low-risk income that partially offset the reckless practices of the banking portion of the businesses. This mitigating effect was far too little to offset the breathtakingly reckless banking practices, however, thus these businesses eventually crashed.

      • MisterDarling November 24, 2014 at 5:21 pm #

        Isjogren,

        I’ve read a number of your posts and generally they are good, however this observation: “The purpose of the prohibition was to prevent the intermingling of risk investments with what is supposed to be a conservative, low-risk banking industry.”-I.

        This is incorrect. The purpose of The Banking Act of 1933, specifically Section 20 (commonly referred to as ‘Glass-Steagall’) was to separate the *origination* of instruments of debt from *origination* of financial instruments of speculation. The reason that they did this back in 1933 was to remove an obvious __moral hazard__ from the market.

        The temptation in the 1920’s to open a loan to anything moving and then sell that loan at a markup to someone else was too much to resist. When said Act was dismantled in 1998-9 it was only a matter of time before another meltdown happened.

        The book you read was a rear-guard action for people like Paul Rubin, among others (who sat in his corner office on the 10th Floor of the Citigroup Building for a decade saying essentially what you just wrote)…

        Once again, I’m not interested in being critical for the ‘fun’ of it, I just thought that you might like more facts and another viewpoint, that’s all.

        There’s a lot of smoke-screening pumped out by professional mouthpieces of the criminals that engineered this “clusterfuck”, so the confusion is understandable.

        PS: Get a (.pdf) copy of the original Banking Act – it’s hard to come by and the National Archive will charge you “$16/page” – but free ones are accessible. Pamela Martens might be helpful in this regard.

        Cheers!

  16. HARM November 24, 2014 at 12:13 pm #

    “Almost nobody besides Bill Black has remarked on the remarkable record of the SEC under Obama in making no criminal referrals to the Department of Justice…”

    Matt Taibbi, Gleen Greenwald, Alan Grayson, Sherrod Brown, Bernie Sanders? Not enough, I agree, but not “nobody”.

  17. malthuss November 24, 2014 at 12:25 pm #

    [Glenn Greenwald].

    Also JHK, there is a book titled ‘Idiot Proof’ that you might enjoy.
    The author takes on Friedman using TF quotes.
    Also he mentions Hillary ‘channeling FDR’ while at the White house.
    Wait it was Eleanor that HC and Jean Huston were channeling.

  18. volodya November 24, 2014 at 12:40 pm #

    ….the bum in the White House…. – Malthus

    hahahahahaha – yep, the empty suit. Or maybe, if you’re being generous, the dog that caught the car.

    Apparently he knows not why he’s there. They told him he had to do health care “reform”. So he did, sort of, in a half-assed way with this Obamacare thing.

    And went about it so half assedly that he apparently couldn’t be bothered to keep tabs on what was supposed to be the crowning glory of his presidency such that, when the website crashed and burned, it came as a total surprise.

    If the underlings entrusted to this were idiots, if the private contractors were incompetents, a reasonably able and experienced executive would have smoked them out early in the process.

    It’s not that hard. I’ve done it. If I can do it, he can do it. Ask questions. Anyone who isn’t a social retard can spot bullshitters. Anyone in the President’s chair has to spot bullshitters miles off.

    And he has to deal with them. There’s nothing wrong with showing the full range of human emotion when you’re in a White House conference room with the full weight of being CIC of the world’s largest military – not to mention running a gargantuan bureaucracy – bearing down on you. You will be forgiven for shaking the walls and rattling windows.

    And, even if the greasy little weasels sitting in front of him were complete and total sociopaths, the man in the Oval Office has to possess the ability to make even greasy little crooks shit their pants. Because he has to have the will and ability to intimidate and to inflict consequences. And, if he doesn’t have that will and ability, he shouldn’t be in that same Office.

    “Show me” he should have said. He should have done it weekly. And three months before the great reveal he should have said, look, I want to log on myself, I want to see that the beast actually works. Because, three months or so before D-day, most of it should have been up and running. And, if he had taken even minimal steps, the mess of a roll-out might not have been a mess. There might have been time to salvage what turned out to be a total fucking debacle.

    I dunno, even if I was just some lawyer semi-blessed by the gift of gab (the blarney must have come out of his Irish ancestry) and looks (my wife admitted in a moment of weakness that he’s easy on the eyes) and even if my talents extended to little more than that and the ability to ride a wave of fevered post adolescent panty-fever, even given all that, I might at least have asked, what about those banks with those trillions or maybe even quadrillions of denaros of speculative bets on their balance sheets.

    Has he even asked? I mean, it should occur to even a low-life, two-bit ambulance chasing lawyer to do some due diligence. It’s not like these eye-popping numbers are a secret. You know, ask some questions, use some common sense. Put some asses in the frying pan.

    Even if high (so-called) finance isn’t your gig, you have the responsibility to learn, to get advice from multiple sources and, above all, use your own judgment. And ACT. He IS the duly elected, fucking President. Duly elected TWICE.

    Because, as I would have repeatedly told the people sweating it out in front of me, in the immortal words of Harry Houdini, the buck stops here.

    • GutenbergGuy November 25, 2014 at 6:03 pm #

      “And, even if the greasy little weasels sitting in front of him were complete and total sociopaths, the man in the Oval Office has to possess the ability to make even greasy little crooks shit their pants. Because he has to have the will and ability to intimidate and to inflict consequences. And, if he doesn’t have that will and ability, he shouldn’t be in that same Office.”

      I think this also applies to his inability to deal with the greasy little
      GOP crooks in Congress.

  19. pkrugman November 24, 2014 at 12:54 pm #

    “This has to win “most ridiculous post of the day” –and no surprise, given it’s a quote from Forbes” –HARM

    Both Forbes and Obama say there is no evidence, but at least Forbes cites facts. Aside from using ridicule as an attempt to discredit, your post is fact-free. You are speculating, as your language indicates, by using words like “might not have” …”would have” … “if”

    If you have evidence that Forbes and Obama missed, please share it. Name calling and appeals to authority are not enough to prove your point.

    • HARM November 24, 2014 at 1:29 pm #

      @pkrugman
      Fact free? Are you looking in a mirror or responding to me?

      The Gramm–Leach–Bliley Act of 1999 allowed Trillions in retail banking accounts to be channeled into investment bank accounts –a flood of money for Wall Street’s new scams, including Credit Default Swaps and the ever-more thinly sliced and diced mortgage backed securities. The CFMA of 2000 effectively placed derivatives and hedge funds “off limits” to government regulators (what few were left), providing even more cover for the professional grifters to defraud the rest of us. The end result:: at least $4 Trillions in bailouts, cash “injections:, MBS and CDS purchases by the Fed, etc. etc.

      There are a million well researched books out there on the subject. All you need is access to a computer and Amazon.com or a public library card to find out all you need about the exact causes of the global financial bubble and ensuing crash in 2008. Of course, if your goal is to remain willfully ignorant of the facts (because your political ideology does not allow for it) then nothing can help cure your ignorance.

      • Subvert November 24, 2014 at 9:13 pm #

        Guys, I don’t mean to belittle your concerns but IMHO, all of this ENDLESS wrangling and ballyhoo over “he said, she said” (AKA politics) is such a colossal waste of time and life. It goes on all day, every day all over the world and what is the net result? Nothing. Nothing ever happens because the whole game is about creating so much confusion, chaos and consternation that nobody asks or answers the really important question. And the Banksters run off with all the money, land and mercenaries they can buy. It’s a huge distraction that keeps billions of people sitting in front of a computer writing responses to the ether. Jeebus H, what a waste of a human lifetime!

        The truth is that humans lived for 99.97% of their history without governments, corporations or organized religions. And guess what? They were highly successful, as evidenced by the fact that we’re still here as a species. It’s time to get over thinking that politicians, corps and religions and “civilization” in general are good ideas or are going to do something positive for humankind. They aren’t because they CAN’T. These structures are wholly incapable of producing anything but empires that rise, dominate and collapse. This cycle has been going on for 10,000 years at least and it always ends the same. So why don’t we find a new (actually ancient) way of doing things instead? State-ism is OVER. Done, Kaput. There are not enough resources left for another round of “Extractive Empire of Psychosis.”

        My advice is to enact the only tactic that has ever worked for people trapped in crushing, hegemonic states: Walk Away – Abandon The Machine. There are hundreds of abandoned cities in the deserts and jungles of this Earth attesting to the efficacy of this plan. If those on the bottom of the Pyramid (our current form of social organization) walk away, the pyramid collapses and those formerly on top are at ground level with everyone else. The 1% certainly aren’t going to do their own work so if those of us they are Totally Dependent On choose to use our effort to enrich ourselves and those in our local Tribe, they have no choice but to collapse. This is why they’re so afraid of unions and worker’s rights groups. Can’t have the slaves getting “uppity” now can we?

        All of these so called “laws” are naught but ink scribbled on paper just like our currency: FIAT, Fake, Bullshit. So what if some fat, rich asshole writes some shit on paper and has his cronies sign it into “law”? What’s that got to do with me or you? Nada. I didn’t write it or agree to be held to it any more that you did so why the fuck should we obey any law these cunts write. The only real Law in this universe are the Natural Laws – the ones that you can’t not obey without severe consequences like gravity, thermodynamics, etc. I’m so tired of people acting like these pronouncements from on high actually mean anything. They don’t. Obama wants me to buy insurance..so what? The corps want me to conform to their contracts…so what? The cops want me to do XYZ… so what? Why do these people think they have “jurisdiction” over me? I never signed anything or verbally agreed to anything giving them control over me or the right to judge me. I’m just another animal on this planet, making my life moment by moment. Why does another animal think they have the right to control my actions?

        Wait for it…..VIOLENCE. Violent coercion is the basis of so called “power” in this system. “If you don’t do what we want, mean people in blue will come to your door with guns and hurt you.” But if you hurt one of them, you’re EVIL! Violence can only go Down the pyramid, not up. WTF? Who wants to live in a system like that? Is that “civilization”? Sorry, I learned about that con long ago. I am sovereign as are all creatures, and these deluded sociopaths have no right to control anyone but themselves. Wish to Dog they’d do so. But then they’d have to be Responsible for their actions huh? Oooh, no good, they want to have all the “rights” and none of the responsibilities, have everything and do nothing, have all the money (another illusion) and do none of the work, eat the finest food but never plant a seed. It’s like that old bumper sticker: What if they threw a war and nobody showed up? Likewise: what if they threw and election and nobody voted? What if they passed a law and nobody obeyed it? Hmmm…. Sounds like actual freedom to me. What a concept. Rules should be agreed on by those who voluntarily agree to obey them. We need Rules, but not Rulers. That thinking is so 10,0000 years ago!

        Cheers!

      • GutenbergGuy November 25, 2014 at 6:10 pm #

        Everything I’ve read pretty much supports what you say. I don’t understand the attempt to make it look otherwise – except of course for Mr. Obama it does serve his purposes, and I don’t think it has anything to do with an inability to deal with his staff.

        Maybe more like an inability to recruit good people. People who don’t believe in Wall Street as our all-powerful savior.

        Mr. Obama, IMHO, is a politician, like many, to be ignored when he speechifies. And, as Bush surely reminded us, actions speak louder than words.

  20. ozone November 24, 2014 at 1:06 pm #

    “…All of this mighty, tragic effort to prop up a matrix of lies might have gone into a set of activities aimed at preserving the project of remaining civilized. But that would have required the dismantling of rackets such as agri-business, big-box commerce, the medical-hostage game, the Happy Motoring channel-stuffing scam, the suburban sprawl “industry,” and the higher ed loan swindle. All of these evil systems have to go and must be replaced by more straightforward and honest endeavors aimed at growing food, doing trade, healing people, traveling, building places worth living in, and learning useful things.

    All of those endeavors have to become smaller, less complex, more local, and reality-based — rather than based, as now, on overgrown and sinister intermediaries creaming off layers of value, leaving nothing behind but a thin entropic gruel of waste. All of this inescapable reform is being held up by the intransigence of a banking system that can’t admit that it has entered the stage of criticality. It sustains itself on its sheer faith in perpetual levitation. It is reasonable to believe that upsetting that faith might lead to war. After all, a number of places organized as nation-states will be full of angry, distressed citizens clamoring for sustenance and easy answers — and quite a bit of their remaining real capital is stored in the form of things that blow up.” — JHK

    Although it’s early yet, I thought this whole section to be well worth a re-read. I don’t think I’ve ever seen such an artful distillation of what we’re smack-dab in the middle of, followed by a sober outline of some mitigation strategies that would help to maintain a coherent society worth the effort to live within. (Take the time to go back and read that again if you will; there’s very well-considered advice. )
    Excellent. I’ll take “humble suggestions” [tm MD] wherever I can glean them!

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    • Karah November 24, 2014 at 10:35 pm #

      but look around at all your neighbors and especially jhk’s and tell me how they would transition from all those rackets to something more meaningful and humaine.

      his novels try to do that but they miss so many details about reality like, for instance, most people do not have the self respect or fortitude to try and live any other way than how most people live now: govt subsidies and hierarchies. why would so many veterans put up with the rotten va for so long? some people started forming separate support groups but you still have these guys and gals wandering around all over the place and offing themselves.

      living in a world without an organized military of sime kind is really “out there”. the westernized version of law enforcement by forming a deputized posse is no longer acceptable. when you have mobs of people, they rule. we can never go back to a depopulated world. mobs will become the norm.

      • ozone November 25, 2014 at 8:01 am #

        Karah,
        See Subvert’s post just above mine and see if you find something worth pondering in his/her arguments. …If you can’t, I’m going to have to cite you for a lack of imagination and brand you as, “fatalist, and fast-friend-of-the-state”.

        • ozone November 25, 2014 at 8:09 am #

          What we “find acceptable” will be moot once the goodie handouts cease. Start thinking outside the state-sponsored box if you wish to at least be -mentally- prepared for a chaotic future. (‘Cause that’s the direction that crumbling empires head toward.)

  21. Steven W. Maginnis November 24, 2014 at 1:06 pm #

    Meanwhile, “60 Minutes” last night reported on how American infrastructure is crumbling but we can’t figure out how to pay to fix it. I guess we ARE broke! :-O

    • Janos Skorenzy November 24, 2014 at 1:33 pm #

      We’re too busy fighting in the Middle East and trying to build a pro-Western Iraq and Afghanistan. And of course taking care of a hundred fifty million welfare cases.

      And to think, we once dreamed of permanent colonies in outer space and on other planets. Instead we are sinking into being just another third world mud hole, a Brazil North.

  22. Smoky Joe November 24, 2014 at 1:18 pm #

    I’m glad JHK brought up Glass-Steagall again. It was a disaster for Bill Clinton to sign the repeal. At the time (a story I know I’ve told before here) a friend was in the nascent field of “Internet Banking” for a major regional bank.

    A senior banker with an interest in computers struck up a conversation with my friend, not long after the repeal.

    He said that repealing Glass-Steagall was the biggest financial blunder in the US since the 1920s, and that the stodgy, but dependable, consumer banks would soon act like “Wall Street Cowboys” with tragic results. This old banker was glad he would be retiring before his employer “went crazy.”

    That bank is long gone, absorbed by a larger amoeba, but the rotten system is still there. For now. Next time it falls it will make a noise loud enough to change even Tom Friedman’s mind.

    • HARM November 24, 2014 at 1:30 pm #

      And don’t forget the CFMA act of 2000, which essentially made it *illegal* for the government to regulate derivatives.

    • ozone November 24, 2014 at 1:38 pm #

      Smoky,
      I don’t really care if it changes his mind or not; I just hope it puts him permanently out of the “Respected Bloviator” business (on which his bloated income and self-importance depends)! 😉

      …He can take David “Shillmaster” Brooks with him when he goes.

      • Janos Skorenzy November 24, 2014 at 2:27 pm #

        What do you think of Gruber and his Grubering? Doesn’t it make you wanna holler?

    • Janos Skorenzy November 24, 2014 at 2:04 pm #

      Still think the Democrats are the Party of the People? Or are you starting to realize that both Parties serve the Permanent Regime?

      • CancelMyCard November 24, 2014 at 10:18 pm #

        No Janos,

        You think that the John Birch Society is the savior of Humanity.

  23. pkrugman November 24, 2014 at 1:19 pm #

    “Because he has to have the will and ability to intimidate and to inflict consequences.” — Volodya

    No, he doesn’t. He doesn’t have to dirty his hands. He has the presidential authority to delegate.

    When Obama says to put bullets into the heads of Somali pirates, the pirates are suddenly dead.

    When Obama says to go after Bin Laden, suddenly Bin Laden is dead.

    When Obama says to take out Al Qaeda, drones fall.

    When ISIL threatens to take Kobani, 260 coordinated air strikes stop them.

    When Obama says deport immigrants, two million immigrants are deported.

    Volodya, you cannot say Obama does not act. As a Canadian why do you even bother to criticize his management style? As you say, he was perfectly able to manage being elected President of the United States TWICE.

    • Janos Skorenzy November 24, 2014 at 2:09 pm #

      He sounds a lot like George Bush. And you like it! You like bowing to that power.

      The two Parties serve the same Elite. At a lower level there are different populations and agendas of course. But don’t let that confuse you. At a deep and high level, they are the same.

      • CancelMyCard November 24, 2014 at 10:20 pm #

        Ahh, another admirer of Hitler.

        Janos, you are self-revealing.

        • Janos Skorenzy November 25, 2014 at 12:26 am #

          Why me? Herr Krugs is the one groveling to the Bush/Obama war mongering. Why do you not trouble a troubled mind?

  24. Janos Skorenzy November 24, 2014 at 1:46 pm #

    http://www.nydailynews.com/news/politics/rudy-giuliani-firestorm-comments-mo-shooting-article-1.2021368

    The Mayor tells the Truth about Fergusson and Black intellectuals wont accept it. They don’t care nearly as much about Black deaths unless they can be blamed on Whites. The possible explanations are ominous as are the implications. Perhaps they simply hate us more than they love themselves. Or perhaps if you make hating Whites into a profitable full time job you are going to get more of it. Indeed, why would you expect it to ever to go away?

    Giuliani said so many White cops are in Black neighborhoods because of the enormous amount of Black crime. The Black commentator responded that it was an occupying army and that it in fact caused much of the crime. They don’t want to be policed by us but they want our money. It cannot go on. Indeed, why should it? Let them police themselves – and feed themselves as well.

    • newworld November 24, 2014 at 3:01 pm #

      Encouraging such racist idiotic behavior on the part of blacks only makes them subordinate to white liberals who will appear to be moderate and in control of their passions compared to the black idiots in Ferguson and other locals of the knockout game.

    • BackRowHeckler November 24, 2014 at 5:35 pm #

      I saw that in real time. Unbelievable for network television.

      Marlin

    • CancelMyCard November 24, 2014 at 10:24 pm #

      Janos is as racist as you can get on this blog.

      He is a dyed-in-the-wool black, jew, muslim, non-white, baiting

      rabid, savage, disgusting

      self-hating, delusional,

      piece of shit.

      • seawolf77 November 24, 2014 at 11:10 pm #

        Are you sure he has a penis?

      • Janos Skorenzy November 25, 2014 at 12:23 am #

        Is it something I said?

        • seawolf77 November 25, 2014 at 12:56 am #

          Are you sure he is a male of the species? I mean you might be a woman.

  25. malthuss November 24, 2014 at 3:03 pm #

    Can anyone give me a semi accurate [or better] guess on WHEN the
    Greenback is devalued against other currencies?

    Please.

    Things do not look good.

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    • CancelMyCard November 24, 2014 at 10:26 pm #

      predicting timing

      is a fool’s errand.

      Predict results

      not dates.

  26. lpat November 24, 2014 at 3:05 pm #

    In all my 67 years, most of them in Memphis, I can remember lots and lots of police shootings/killings of un/armed black people. I don’t remember, locally or nationally, any convictions of police for any of those shootings.

    I’ve heard plenty of race hustlers in my time. Many of them senators with aircraft carriers named after them.

  27. newworld November 24, 2014 at 3:09 pm #

    WAG on my part, we have a slight credit creation hiccup which causes a panic and institutes Part II of America becomes Japan. Up thread a person mentioned the Fed monetizing some infrastructure bonds. By law the Fed can only buy Treasury debt so let us assume the TBTF banks will get their cut and cream off the better more sure revenue streams for themselves.

    But can you imagine what infrastructure will get built here in ‘Murka? I’m actually not that opposed to this kind of boondoggle I would just prefer that retirement killing QE die quickly.

  28. MikeMoskos November 24, 2014 at 3:19 pm #

    You had to listen to carefully to Obama’s precise, lawyerly language to understand his would be more terms of the neocon Bush years. Or understand that the inventor of subprime, Penny Pritzker–now the U.S. Commerce Secretary–discovered O and made him a national figure. Brand Obama duped you. Look up Greg Palast’s coverage of Penny.

    Let’s hope at some point sanity will prevail and we won’t let our new best Nazi friends in the Ukraine set off nuclear war with Russia, but don’t count on it. Generals get no promotions with peace and Janet can’t seem to stop loaning the gov. money for mass murder.

    There’s not you can do to shift your spending to your neighbors beyond local food, but that’s a great start. If you know a bored social retiree, they’re the perfect person to start a local investment group that can rebuild local systems. (Shift that retirement account $ from losses on Wall Street to an investment you can check on every day.)

  29. laceration November 24, 2014 at 5:51 pm #

    “[Central Bank Liquidity]… is not liquid at all but rather gaseous…”

    Another gem, there should be a collection of JHK Phrases and quotable quotes. How you could restrain from interjecting farts in there? The Central Bank’s stinky farts. I suppose it’s so strongly suggestive, you didn’t have to.

  30. progress4what November 24, 2014 at 6:39 pm #

    “….The race hustlers so prominently showcased on CNN want to put over the story that there is only one possible just decision. If it doesn’t work out the way they like, this will be a bloody holiday and perhaps the beginning of something much bigger.,” – jhk –

    Maybe/maybe not, as regards this prediction, JHK.
    The racial hucksters are husktering with their usual enthusiasm.
    But the amount of law enforcement resources available is HUGE.
    And an unusual number of minority community leaders are urging calm – this go ’round. Not to mention the fact that the FBI, NSA, Homeland Security, and various other agencies are likely monitoring the whereabouts, activities, and thoughts of any potential Ferguson rioters and other Ferguson-area malcontents.

    One could only wish that this amount of mental energy and physical equipment could have been deployed to mitigate the rioting in Watts, or the rioting surrounding Rodney King and Reginald Denney.

    On the other hand, if things get out of control – we should consider that it is by the design of, even at the behest of, some of our government “leadership.”

    And thanks for the week’s work, JHK!

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    • Karah November 24, 2014 at 10:49 pm #

      i agree with jhk, marches and unrest will get bigger and more diverse.
      i think he is right that the young people will get angry when their entitlements stop flowing. the roads and bridges and buildings will fall apart and there wont be enough workers with the knowledge or funds to fix them. right now, we see young people trying to revitalize a dead Detroit. what a pipe dream. what a waste of money. a starbucks on every corner…right. what happens when the price of beans goes up?

  31. Janos Skorenzy November 24, 2014 at 9:52 pm #

    No indictment. A victory for Truth, Justice and the Law and Order based on these. Now the savages have to be put down if they rebel. That would be another victory for the forces of Good and a defeat for the forces of Communist Evil which uses the Under Men as their pawns.

    • CancelMyCard November 24, 2014 at 10:34 pm #

      They are coming for YOU Janos,

      They are coming for you.

      And when they find you . . .

      They are going to finish you off, finally and for good.

      • Janos Skorenzy November 25, 2014 at 12:13 am #

        What’s your beef? Surely you don’t want an innocent man put away on trumped up charges just because he’s a White police officer? Do the facts even matter to you? Or is the only thing you see color? How does that fit with the (supposed) philosophy of MLK?

  32. lpat November 24, 2014 at 10:35 pm #

    I’ve heard the argument that FDR’s social spending didn’t end the Depression; WWII did. Whatever. That’s certainly no argument against Keynesian spending; quite the reverse. Once the war fully took over the entire economy and threw it into high gear, we ended unemployment. If we dampened profits, that’s all we did, dampen. Plenty of folks got rich.

    And what were we doing? Sinking the entire manufactured output of American, coast to coast, into the middle of the vast Pacific. If anyone was paying attention, you get the economy working by consuming and wasting as much product as you can.

    Debt? Who paid us back for WWI/II, the Marshal Plan, Korea. The waste, the pure consumption was its own reward. It kept the economy thriving.

    In the nearly 70 years since the war, we’ve moved closer and closer to a zero interest credit economy. Heck, we may have to start paying consumers to buy crap to stuff into their storage modules.

    • progress4what November 24, 2014 at 10:44 pm #

      Waste all you can, and then waste some more!

      Problem is, Ipat, that strategy only works when resources are nearly infinite and populations are relatively low.

      And it helped speed the waste economy when the US completely dominated global manufacturing after WWII, and that a substantial portion of the population was actually engaged in making useful things.

  33. progress4what November 24, 2014 at 10:36 pm #

    Yeah, well. Pres. Obama just talked for a while. Every time he speaks concerning Ferguson I keep wishing he would say something forceful about peaceful protest, about how justice must always be color blind, etc. It’s like he is incapable of saying things like that with sufficient force to make it look like he believes it.

    But, every time he speaks I also worry that he will say something that makes the situation worse. Something like, “The police acted stupidly,” or “If I had a son he’d look like that completely and totally innocent dead child.” So – at least the Pres. didn’t do that tonight.

    It’s what he did NOT say that’s important. He made no mention of the Federal investigation as resulting in further charges. Thus, the die is cast, no matter how bad any rioting gets, apparently, there will be no Federal civil rights indictment against Wilson.

    Hopefully, the situation will be brought under control.
    Hell to pay, otherwise.

  34. pkrugman November 24, 2014 at 10:40 pm #

    “Now the savages have to be put down if they rebel.” — Janos

    “First and foremost, we are a nation built on the rule of law, so we need to accept this decision was the grand jury’s to make.” — Obama

    • Janos Skorenzy November 25, 2014 at 12:14 am #

      That’s what I just said. Wilson is innocent of any wrong doing in the death of Michael Brown. This is a victory for the good guys, for the cool cats of every color.

  35. Karah November 24, 2014 at 11:00 pm #

    “And pensioners will receive a mailing in early December that will contain details on how to apply for income assistance if pension cuts will put them below the poverty line, state attorney Steven Howell said. Those applications must be mailed, emailed or faxed back to the state by the end of the year.

    Pension cuts will take effect March 1.” (nov. 24, 2014 detroit free press)

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  36. seawolf77 November 24, 2014 at 11:09 pm #

    It’ll be interesting when people realize that what worked until now doesn’t work anymore. I think individual states will handle it differently. Certainly the oil and resource rich states will fare better. But it won’t be that clear cut. People say the reason why Edwin Edwards went to prison was that when the oil embargo hit he told Jimmy Carter to go spit. The Feds are like the Jesuits, they never forget. Certainly Texas and California always seem to come out smelling like roses. If you ever lived through a hurricane you realize that people go crazy in dire times.

  37. Q. Shtik November 24, 2014 at 11:44 pm #

    in Ferguson and other [locals] of the knockout game. – newworld

    ===============

    locales

  38. lpat November 24, 2014 at 11:46 pm #

    “First and foremost, we are a nation built on the rule of law….” — Obama

    Tell it to the Indians.

    • Janos Skorenzy November 25, 2014 at 12:17 am #

      The Indians had to be conquered or there would be no America. We wouldn’t be having this conversation or even be in existence. You have to learn to honor the place and manner of your own arising. As it is, you are spitting on your portrait and chopping at your own roots.
      Ungrounded idealism is the curse of the young – and a lot of people don’t grow up anymore since they are paid not to.

      • seawolf77 November 25, 2014 at 12:50 am #

        Like Ali said about the Vietnam War, “White people send black people to kill yellow people to protect the land they stole from the red people.”

        • Janos Skorenzy November 25, 2014 at 2:10 am #

          White people send black people to kill yellow people to protect the land they stole from the red people who killed White people.

          It’s a circle, the circle of life. Rock, Paper, Scissors. Wolf Larson knew it in his very bones. But you are more like Hump Van Weyden, a real dickweed.

          • seawolf77 November 25, 2014 at 9:15 am #

            No need to quit being a lady, Maude.

      • lpat November 25, 2014 at 11:35 pm #

        Yes, yes, dearheart. Racism is completely justified. We wouldn’t be the fuckers we are w/o it.

  39. Buck Stud November 25, 2014 at 12:23 am #

    In too many instances it seems that a ‘shoot to kill’ mentality has replaced a ‘shoot to disable’ competence. And I wonder why that is? After all, there is no lack of firearm training for the vast majority of police officers. Alternatively, we only hear about the most dramatic cases and not the myriad of potentially deadly shootings diffused by more competent police officers that passes unnoticed by the public eye.

    Of course, law enforcement is naturally going to attract that psychopathic,sadistic element that relishes the pulling of a trigger over the slightest provocation. And then there are those who do not belong in the profession and simply panic and miscalculate tragically. They’re decent human beings but are simply not made of the right cloth.To my eyes, too many of these types are following in the footsteps of relatives and living a family tradition via profession. And then there are the honest and competent cops who make an occasional tragic mistake. Human in other words and who carry a heavy burden as a result.

    Who knows what type Wilson was and surely I oversimplify to a ridiculous extent with my categorizations. But Brown was a menacing figure not long before the confrontation and if Brown really reached for his weapon all hope for precision and restraint was lost.

    Personally, I don’t enjoy being around cops so I simply avoid them and try to not garner their attention in my daily life. And it doesn’t help that a weird para-military vibe imbues the civic ambiance these days. On the other hand, I salute the really good cops because they are a blessing for any community

    It’s amazing how long ago1968 was but at times like this it almost feels like the present. A circle indeed.

    • capt spaulding November 25, 2014 at 12:04 pm #

      I don’t have an opinion in this case, but one thing I do know. If a police officer has to draw his gun and shoot, he will always shoot to kill, not to wound or disarm. If the situation is serious enough to fire his gun, he will always try to kill the other person. It’s much too risky and difficult to try to do anything else. No matter which state they live in, that is taught to every officer. Don’t get me wrong, I’m not an apologist for cops. To me they are like a rabies shot, they are necessary, but not particularly pleasant to have.

  40. Q. Shtik November 25, 2014 at 1:02 am #

    Ferguson: OK, there’s a couple of fires and a bunch of cops standing around pulling time and a half —- pretty much as I expected and predicted to my wife. “It’ll be like when a snow storm is headed our way and every weatherman gets all excited and gets his 15 minutes of rapt attention and then the ‘big storm’ sweeps through and we get an inch and a half dusting.”

    Chances are this will blow over like “Bridgegate” i.e. like a fart in a wind storm.

    At the moment I’m watching MSNBC with the sound muted (I can never tolerate MSNBC with the sound ON.) A couple of uber-liberals appear to be talking to one another trying desperately to find something interesting to say.

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    • Janos Skorenzy November 25, 2014 at 2:13 am #

      Yes it’s almost like there’s some kind of Law here. The worst storms are usually the unexpected ones. Usually when everyone expectssomething huge, it fizzles out. But not always.

      • seawolf77 November 25, 2014 at 9:16 am #

        Usually means not always genius.

        • Janos Skorenzy November 25, 2014 at 1:31 pm #

          Thank you Hump.

          • seawolf77 November 25, 2014 at 3:50 pm #

            You’re welcome Maude.

    • cornpone2014 November 25, 2014 at 4:52 pm #

      That’s exactly how I used to watch Jim & Tammy Baker!

  41. FincaInTheMountains November 25, 2014 at 2:13 am #

    The world’s largest public pension fund is going to join yield-hungry Asian investors by buying up Treasurys.
    Demand From Japan Pension’s Fund Could Cap Treasury Yields

    http://blogs.wsj.com/moneybeat/2014/10/31/demand-from-japan-pensions-fund-could-cap-treasury-yields/

    Is it where the next 1.2 trillion to cover US budget deficit for another year are going to come from? Looks like US rapidly running out of Nations to plunder.

  42. FincaInTheMountains November 25, 2014 at 2:49 am #

    “Chances are this will blow over like “Bridgegate” i.e. like a fart in a wind storm.” Q. Shtik

    You’re probably right on that, assuming there are no “Color Revolution” / “Maidan” technologies being applied here.

    If they are, there are going to be different consequences. Takes a lot of money and organization to start a “revolution”.

  43. FincaInTheMountains November 25, 2014 at 3:00 am #

    Investigators reveal Citigroup executive, 42, found dead in his bathtub had ‘slashed his own throat ear-to-ear after drug- and booze-fueled bender’
    http://www.dailymail.co.uk/news/article-2841465/Citigroup-executive-42-dead-bathtub-Manhattan-apartment-throat-slit.html

    Police continued investigating the homicide of 54-year-old MassMutual vice president Melissa Millan, who was found stabbed in the chest Thursday along a section of a popular bike path through town.
    http://www.masslive.com/news/index.ssf/2014/11/simsbury_police_investigate_mu.html

    I guess banking has its own occupational hazards.

  44. FincaInTheMountains November 25, 2014 at 5:17 am #

    Apparel exhibition of murdered and raped children is being held in Norway

    The world has gone mad. There are no other emotions when you read the news – enterprising Norwegians decided to organize an exhibition “If things could talk” not only of personal belongings of torn kids, but also to provide guests with so-called “effect of the presence” in the scenes of violence.

    Violence in the square. Violence Without Borders. Violence. This is what remains when the collapse of the soul …

    http://www.pd.no/lokale_nyheter/article7115619.ece

  45. FincaInTheMountains November 25, 2014 at 7:39 am #

    “Can anyone give me a semi accurate [or better] guess on WHEN the
    Greenback is devalued against other currencies?

    Please.

    Things do not look good.” malthuss

    You lost your job. The unemployment checks ran out. All attempts of finding comparative job are fruitless.

    You still happen to have a $60,000 in your savings account. So what you decide that every month for the next 12 months you are going to withdraw $5,000 cash from account and just live like nothing has happened.

    So, bills are getting paid, lights are on, the lawn is mowed, car gets filled up, your neighbors periodically see you unloading groceries from your car.

    Everybody could swear that you are living a normal suburban life.

    Then the 12th month come.

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  46. Cold N. Holefield November 25, 2014 at 8:40 am #

    One thing seems clear about the Ferguson shooting; Darren Wilson’s a terrible shot or he truly was shooting to disable before ultimately shooting to kill, otherwise there wouldn’t have been ten shots fired in the second volley. Heretofore, the number of shots fired has been held against Wilson as evidence of overkill by the agenda-driven press, when in fact, it appears the exact opposite is true — it was his attempt to disable and not kill that resulted in so many shots. Wilson did his job as he was trained to do, and isn’t it interesting how the Michael Brown apologists are ignoring the now irrefutable fact that Brown attacked Wilson in his vehicle and grabbed his gun?

    The prosecutor and Obama want to work on how to prevent this in the future. I’ll tell you how. Teach your children to not steal, to respect others lives and property, and to not attack cops and go for their guns, but I know that would be asking too much. They’re doing their damndest to South Africanize America, but I have to tell the elite who are employing this tactic here as they did in South Africa, it’s not going to work. If only the rubes, meaning all those buying the guns, would realize it’s the White elite who are behind this — they want a race war and they want to destroy any semblance of a middle class in America. They are the real enemy, and until you realize that, they’ve got you right where they want you. You’ll do their bidding unwittingly as most Blacks and Whites have been doing all along.

    • Buck Stud November 25, 2014 at 10:02 am #

      “Wilson as evidence of overkill by the agenda-driven press, when in fact, it appears the exact opposite is true — it was his attempt to disable and not kill that resulted in so many shots.”

      That’s a very insightful observation Cold –it certainly didn’t occur to me. And for Wilson’s sake, I do hope it’s true. And by that I mean,living with one’s self in the aftermath.

      I have to think that if a person maliciously takes the life of another being in this life, they are not eliminating an earthly adversary/target, but, ironically, irrevocably linking themselves in the afterlife/incarnation realm with the victim of their retribution.

      That’s a pause provoking thought in my mind; scary in fact, because there are very few souls from this earth/life I want to hang around with in the following realms.

      Or maybe none of it adds up to nothing: kill, rape, plunder and sin, all that awaits is the longest nap you’ve ever taken.

    • Buck Stud November 25, 2014 at 10:25 am #

      “The prosecutor and Obama want to work on how to prevent this in the future. I’ll tell you how. Teach your children to not steal, to respect others lives and property, and to not attack cops and go for their guns, but I know that would be asking too much. ”

      If and when the economy tanks, slowly bit by bit, and people become ever more desperate, the choice to commit a crime or not, becomes not so much a moral imperative, but a simple act of survival.

      In other words, that age old philosophical debate between free will and determinism.

      The criminal released from prison and unable to find work to survive, is more or less determined to commit further crimes.

      And the haughty moralistic types, not yet caught in the cycle of desperate survival, point fingers of condemnation and pronounce that we all have free will and should suffer the consequences of our actions.

      But they always fail to state that the idea of free will is is not a level playing field, that systemic generational oppression– racial,economic or otherwise– ‘determines” the course that many individuals–large swaths of entire groups in fact–have to traverse and negotiate in order to survive.

      And waiting in the wings is the expanding privatized prison system. Not being naive types, the overlords/financial interests of these institutions know full well that the notion of free will is a ridiculous oversimplification and that societal economic circumstances can be orchestrated in such a way as to guarantee and determine a steady and increasing supply of “customer/criminals”.

    • Janos Skorenzy November 25, 2014 at 1:29 pm #

      Very few of us believe Blacks are in control or were in charge of the Civil Rights Movement. Just see who founded and funded the NAACP. Fred Reed believes that Blacks rule America – or he pretends to so as to avoid the obvious. He’s a pretty sharp guy so I put my money on the second idea.

      Obviously the rulers of America are White or White looking. In other words, the ruling Elite don’t identify with other Whites.

  47. progress4what November 25, 2014 at 8:52 am #

    “In too many instances it seems that a ‘shoot to kill’ mentality has replaced a ‘shoot to disable’ competence.” – buck –

    Buck, I think “shoot to wound” is more urban legend and Hollywood myth than something that was ever actually practiced by law enforcement in the US.

    At any rate, modern firearms training (police, military, and civilian) emphasizes aiming at center of body mass. Under the stress of a life threatening situation people will ALWAYS revert to instinct and/or training; that I will guarantee you.

    If you want to impact police shooting of civilians, you need to change how officers are trained – and stop believing that individual officers are in the wrong because they follow their training.

    =====================

    Speaking of protocols, though – – there’s no question that the PoPo’s in Ferguson screwed up royally, in the way they handled the first few days after the Brown shooting. Smaller departments, because they have fewer officer-involved shootings, are more prone to make mistakes like those.

    I’ll guarantee that small departments with competent management have learned a lot from events in Ferguson about what not to do after a shooting.

    • Buck Stud November 25, 2014 at 10:07 am #

      “Buck, I think “shoot to wound” is more urban legend and Hollywood myth than something that was ever actually practiced by law enforcement in the US.”

      Prog,

      That surprises me somewhat. I would think that highly trained police officers could be trained to hit something besides a main mass target; that they were capable of precision and gradation in their targeting according to a particular situation. But if not, I do agree that people in general revert to the instinctual response developed via repetition and training.

      • beantownbill. November 25, 2014 at 12:35 pm #

        Buck, Prog is right. When you display a gun, even in a holster, you must be prepared to use it. You always aim to put a person down. It’s not like in the old westerns, where the hero shoots the gun out of the bad guy’s hand at 50 feet. It’s difficult to be accurate using a handgun; it’s a myth to aim to wound. You aim to do the most damage. This is why it’s a big deal to carry a handgun – you’ll have to live with the consequences for the rest of your life if things go south. Also, no one can imagine the feeling of believing your life is in danger, if you’ve never experienced it.

        • seawolf77 November 26, 2014 at 9:38 am #

          That is flat out baloney. The kid was unarmed. Because he was big and black he’s Super Criminal. Give me a break. If the cop had any real training he would not have put himself in the position where the kid had access or could grab his gun. He also has mace, a billy stick, tasers, and who knows what else on that belt. It’s a veritable cornucopia of killing and maiming devices. The police in this country are flat out of control and getting worse because of people like you. Go dance with the angels on the head of a pin. Anyway you slice it, he is guilty of murder. You probably believe Arabs with box cutters defeated ex military pilots with extensive hand to hand combat training.

    • Janos Skorenzy November 25, 2014 at 1:24 pm #

      What you said makes sense, but what about Cold’s point? Why do they have to empty their entire clip? There are many cases where five or more cops do it to one guy. A firing squad.

      • seawolf77 November 26, 2014 at 10:13 am #

        He forgot to say teach them not to walk on the street.

  48. pkrugman November 25, 2014 at 9:48 am #

    P4W, is the duty of law enforcement to escalate or de-escalate situations? If an officer shoots someone12 times, isn’t that an execution? If the shooting was defensible, why wasn’t a police report filed? Why was the body allowed to hang, I mean lie in the street, for over four hours? If an officer shoots out of anger or fear, should he be a cop?

    Police are allowed to investigate themselves. Police often change their stories. Prosecutors always side with police.

  49. BackRowHeckler November 25, 2014 at 10:27 am #

    The looters and rioters in Ferguson … I’ll bet they’re pretty tired at work this morning after being out on the streets all night.

    Marlin

    • beantownbill. November 25, 2014 at 12:36 pm #

      You’re making the assumption that they have a job to go to, Marlin.

  50. Cold N. Holefield November 25, 2014 at 10:37 am #

    because there are very few souls from this earth/life I want to hang around with in the following realms.

    I’m glad I’m not the only one who thinks and feels this. This is why, to me at least, any notion of an afterlife that resembles our current form, is a nightmare of epic proportions. Death is freedom from the bullshit we call society. Of course, we can’t be sure of anything after death, but my hope and expectation is that when my body gives up and in, Janos will also cease to exist and many just like him. It’s a refreshing thought — death as the last refuge and escape from the diabolical forces that feast upon your energy, and religion, no matter its form, seeks to take even that away as it’s taken all else.

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    • beantownbill. November 25, 2014 at 12:41 pm #

      I actually find your comment very touching and very true. Although I am an optimist by nature, I think death will be very peaceful and a good rest from the sorrows of this world.

      • Janos Skorenzy November 25, 2014 at 1:20 pm #

        How can you experience peace if you don’t exist? You are projecting the peace you experience in your life now, perhaps during deep sleep, to some mythical state of non-existence.

        Your desire “not to exist” is admirable. But you have to work for it. Otherwise you are going to have to come back and experience the fruits of your actions. As Krishna says, death is certain for the living and life for the dead.

        • beantownbill. November 25, 2014 at 2:02 pm #

          I knew when I wrote this someone would call me out. You are correct about me projecting now from from my own experience about something in the future.

          However, I don’t believe that a state of non-existence is a myth. Once you’re dead, all sensation, thought and awareness cease. That’s all she wrote.

          I also don’t believe in reincarnation. You must know that memory is not reliable, and it is impossible to prove one had a past life – it is all hearsay. I suppose if you believe in all the Bridey Murphy stuff…

          • Janos Skorenzy November 25, 2014 at 8:20 pm #

            Talk to some doctors and nurses. They will tell you of how patients who were operated on tell them later about what was done. OOBEs (Out Of Body Experiences) are very common during surgery. And the proof is the knowledge people have which they couldn’t have in an ordinary way.

            But the ultimate proof will be when you have your own experience. If it is as real as your everyday waking experience, how will you be able to deny it? Only by denying all of your experience.

  51. barbisbest November 25, 2014 at 10:46 am #

    Reply to Subvert November 24, 2014- “We need rules, not rulers” True. It was Pete Seeger who said. “Beware of great rulers, the world needs small ones”.

    JHK blogs – All of these evil systems have to go and must be replaced by more straightforward and honest endeavors aimed at growing food, doing trade, healing people, building places worth living in, and learning useful things. Truer still.

    Thank you JHK for the awesome novels. What a way with just the right amount of words. Jane Ann-heroine, Mary Beth Ivanhoe-a supersized Edgar Cayce. I aye was here

  52. pkrugman November 25, 2014 at 10:52 am #

    “The looters and rioters in Ferguson … I’ll bet they’re pretty tired at work this morning after being out on the streets all night.” — Marlin

    The police and government provocateurs in Ferguson … I’ll bet they’re pretty tired and did not go to work this morning after being out on the streets all night.

  53. Cold N. Holefield November 25, 2014 at 11:29 am #

    The police and government provocateurs in Ferguson … I’ll bet they’re pretty tired and did not go to work this morning after being out on the streets all night.

    That’s an excellent and valid point. I watched some of this on CNN last night and there were obvious police and government provocateurs in the crowd. If I was there, not that I’d ever be, I would have gotten up in the big, thuggish White boy’s masked face (the one trying his damndest to provoke the crowd into violence and consistently shooting the bird to the cops) and told him he had about ten seconds to get the fuck out of that crowd and out of that town. I have no patience for bullshit deceit like that. None.

    Another observation was several people in the crowd purposely lighting joints right in front of the CNN cameras. What does Obama have to say about such lawlessness considering his wishy-washy, backseat stance on decriminalizing marijuana and his failure to end the scam that is the War on Drugs? Maybe this whole “tragic” incident could have been avoided BHO if Michael Brown didn’t have to pay so much for his weed. He would then have had enough money to cover the cigars. The vaunted War on Drugs has made marijuana, a substance less harmful than alcohol, ridiculously expensive and it serves as yet another example of a regressive tax placed upon the poor and dispossessed to help keep them that way.

    • beantownbill. November 25, 2014 at 12:50 pm #

      This is the day I agree with you, I guess. No one has the right to control your body, except you. No one else has the right to control what you put in your body – it says so in the Declaration of Independence. You know, something about life, liberty and the pursuit of happiness. One is not free if one does not have control of one’s body.

      • AKlein November 25, 2014 at 3:17 pm #

        It has occurred to me many times that we live in a paradoxical society. A pregnant woman is allowed to abort her baby because to disallow it would be an abridgement of her “privacy”. Yet it is illegal to ingest or smoke a weed (e.g. marijuana). This defies logic.

    • Janos Skorenzy November 25, 2014 at 1:14 pm #

      White Communists and Anarchists came from all over America to participate in this. Is it possible that the kids was a government mole? Possible but not likely. Government infiltrates White Nationalist groups. Leftists do their own work of their own accord.

  54. Janos Skorenzy November 25, 2014 at 1:43 pm #

    A few weeks ago some Black girls were protesting in an upscale St Louis Mall. They were screaming, “We’re not dangerous!” Blacks do this kind of thing a lot. Sometimes they believe themselves and sometimes they don’t. I imagine that the Black girls believed themselves but everyone else knew they were on the edge of violence. But when Michael Brown’s father calls for peace, does he really believe it? Those dead reptilian eyes tell another story. The Oak doesn’t grow far from the acorn after all.

    • nsa November 25, 2014 at 3:37 pm #

      CDC stats show that half of all adult afro females have herpes and/or v-warts……so they really are dangerous after you get bucked off. Better wrap that little guy up in a rain coat before tackling a dark complected vd carrier…..

    • BackRowHeckler November 26, 2014 at 7:50 am #

      Reminds me of the story of the King in ancient times who decided his subjects looked drowsy and were not getting enough sleep. So every morning at 3am he sent drummers, trumpeteers and criers thru the streets proclaiming, “Sleep, all my subjects are ordered to sleep!”

      brh

  55. Thor. Ishus. November 25, 2014 at 2:10 pm #

    I do like this blogg. I have been lurking here fore 3-4 years. And i agre whit most statements here. But i live a life a tiny bit out of the ordenary, and do love it. So i kollect knowledge mostly from old folks farmers and fishermen trow in a hunter or tow. So this is my point, You dont need a garden you are living in one. You dont need mony 100kg of elk goes a long way and that is just 1/2 the body. Wood is good fuel and 30 min a day will do you. 180 mins more work a day will put you in the land of plenty. Soo now the big problem is what will you do whit the rest of youre day. I carve som Wood, make dinner and play white my cats. They born killers and i love them.

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    • Petro November 25, 2014 at 4:21 pm #

      How you gon argyoo wi dat?

      • Thor. Ishus. November 25, 2014 at 5:04 pm #

        my anglo is a piss pour preformans. But you will get used to it. And i do love a bit of sarcasme. Are you russian, ore have you tryed Orlovs unspeller.

  56. johngalt333 November 25, 2014 at 4:16 pm #

    Volodya read this. It demonstrates how Mr. Obama is waging war in the 21st century without getting his hands dirty, confirming Mr. Rugman’s recent reply to you.

    Obama does not need to intimidate; he just systematically eliminates the Al Qaeda leadership with no heroics, no sacrifice, no need for out-dated 20th century warfare glory. Of course, Mr. Rugman does not approve of the civilian collateral damage but civilians have always died in wars.

    http://www.theguardian.com/us-news/2014/nov/24/-sp-us-drone-strikes-kill-1147

  57. Q. Shtik November 25, 2014 at 4:38 pm #

    Can anyone give me a semi accurate [or better] guess on WHEN the
    Greenback is devalued against other currencies? – Malthuss

    ================

    Yes, I can. The answer is not in my lifetime.

  58. joomlabliss November 25, 2014 at 4:45 pm #

    Jim neglected to mention Kardashians this week..

  59. FincaInTheMountains November 25, 2014 at 6:13 pm #

    “You dont need mony 100kg of elk goes a long way and that is just 1/2 the body. Wood is good fuel and 30 min a day will do you. 180 mins more work a day will put you in the land of plenty. ” Thor

    If you don’t mind me asking, what is a going rate in kg of elk for internet connection where you live? I’d be also curious how much fire wood you pay for root canal.

    • Thor. Ishus. November 26, 2014 at 10:05 am #

      An elk. we Call dem elg has a body of about 200 kg + – 20%. dollar value of ca 1428. That is 20 % of a rot Canal. But the pour dentist do it fore a bukket of berrys. Internett is 21 dollar. I this is usefull fore you?

  60. doggersize November 25, 2014 at 6:17 pm #

    The good news is that we waste so many resources there is probably room for a lot of adaptability. The constraint on this is merely the paperwork and old bills. Usually it takes a major war for a large industrial nation to print up enough paper to mobilize its underutilized resources. Actual day to day needs seem to get stuck in a bottleneck of indecision or perhaps even superstitious restraint.

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  61. progress4what November 25, 2014 at 6:56 pm #

    “That surprises me somewhat. I would think that highly trained police officers could be trained to hit something besides a main mass target; that they were capable of precision and gradation in their targeting according to a particular situation. But if not, I do agree that people in general revert to the instinctual response developed via repetition and training.” – buck stud –

    Buck, I can tell you’ve never done a whole lot of pistol shooting. You are radically overestimating the accuracy that an average well-trained human being can achieve with a handgun. You are also radically underestimating the impact that poor conditions and supercharged adrenaline will have on firearm accuracy, even for a very well trained shooter.

    You also seem to be turning patrol officers into super humans and super marksmen – when they are really just men and women like most of the rest of us. In fact, extreme firearm accuracy is NOT required for police work, nor should it be.

    The -average- cop will go an entire career having never unholstered his weapon except for maintenance or training.
    Also, on average, most police-involved gunfights happen inside a range of 21 feet – a distance where finesse is relatively unimportant, and survival is the primary objective.

    =============================

    I’ve busted on you plenty in the past, buck, but that’s not what I’m doing now. I’m honestly curious. Why do you have the ideas you have about cops and firearms use? Is it TV and media?

    I ask because most of the people I know, and ALL of the cops I know are familiar with the facts and opinions I just mentioned in this post. And yet, the meme that just will NOT die is, “why didn’t the cop shoot to wound? Why didn’t the cop fire a warning shot? etc?
    etc? etc?”

    How to get the word out, buck?

    Because the word needs to get out.

    • Buck Stud November 25, 2014 at 10:00 pm #

      Prog,

      Yes, I’m not a gun person at although guns of all kinds and hunting was almost an obsession in my family. At times I thought I was walking through some museum of natural history or taxidermist studio when visiting my grandfathers house. But I was far more interested in how he made deer leg/hoof lamps than I was in shooting guns or animals

      Undoubtedly my notion of shoot to wound came from cinema etc (Didn’t Harry Callahan torture the serial murderer in ‘Dirty Harry’ by shooting him in the leg before actually killing him for good?). My uncle was a cop but he never impressed me much, more of the Barney Fife type truth be told.

      I have been reading some links on the subject and you’re exactly right according to current police procedure. Shooting to wound risks a high probability miss–moving hands and arms are very difficult targets apparently and legs are full of arteries which somewhat defeats the purpose of shoot to wound–and risks hitting an innocent bystander etc.

      Anyway it’s been educational. I’ll definitely pass the word to loved ones and friends who may have been under the same misconception as I was.

      • Buck Stud November 25, 2014 at 10:22 pm #

        Also, just about anybody can learn to shoot a gun. In that regard it reminds me requiring a similar type of skill such as bowling or race car driving. In other words, not a whole lot of athleticism.

        In truth, a good knife person–Filipino pencak silat adepts are freaky good with knifes– is probably far more deadly in some situations and impressive to me because of the physical skill required. Not all that different I suppose than a bow hunter versus a rifle person (although archery has probably being advanced considerably by technology)

  62. Cold N. Holefield November 25, 2014 at 7:48 pm #

    Buck, I can tell you’ve never done a whole lot of pistol shooting. You are radically overestimating the accuracy that an average well-trained human being can achieve with a handgun. You are also radically underestimating the impact that poor conditions and supercharged adrenaline will have on firearm accuracy, even for a very well trained shooter.

    And what exactly is your experience with all of that? Have you ever been in a similar situation to Darren Wilson? You are talking as though you have. You are talking as though you’re an expert, yet that doesn’t match the description of yourself you’ve given us over the years. I didn’t know you were in law enforcement.

    What you say may be spot on some of the time, but there’s no way to be sure until Wilson says it’s true. From what I’m gathering from his ABC interview, initially he was going for the body to disable and get Brown to drop to his knees, yet Brown kept coming so as he (Wilson) was back-peddling he took dead aim at his head and hit his target. He did precisely what he was trained to do and what the law instructed him to do. ABC’s Gorgeous Stuffmypoppypoopus had the nerve to ask Wilson why he didn’t just stay in the vehicle and wait for backup after being attacked.

    Why isn’t Brown’s stepfather in jail for inciting a riot last night by imploring the crowd to “burn the bitch down.” There is no excuse for all this unlawful behavior. None. Not even the death of his stepson. Where was this pants-hangin-to-the-ground bum when his stepson was stealing cigars and attacking a cop? What kind of idiot does that? One who wasn’t raised properly, that’s what kind of idiot — and there are millions more like Michael Brown and the Feds and the media, at the behest of the White elite, want to make it so police and the public at large can’t protect themselves against such thuggery. We’re supposes to excuse it or just let it happen because their ancestors were slaves. It’s a form of reparations, except it’s reparations in blood not money.

    The prosecutor called the media out last night in his statement. He was spot on and I’m glad he did. That took some real balls and now they’re crucifying him because of it. They would have crucified him anyway. The media needs to held to account for inciting riots and misinforming the public, but it won’t be. It hides behind the aegis of a free press when it was bought and sold, like the cheap whore it is, long ago.

    • Janos Skorenzy November 25, 2014 at 8:12 pm #

      Or how about the people who put a price on Wilson’s head? Think Whites would get away with something like that? Justice is either supposed to be blind – and that means color blind.

      Sam Francis called our current system Anarcho-Tyranny. The System enforces its own laws selectively, based on the needs and interests of the Elite.

    • progress4what November 25, 2014 at 9:34 pm #

      Cold –
      My general comments about weapons handling and the effects of adrenaline on the human body were made because these are two topics upon which I possess reasonable amounts of knowledge and experience. You are twisting my comments toward specifics concerning Wilson’s conduct. This is unwarranted.

      And, for the umpteenth time, you are trying to provoke me to provide personal details so you can try to hack my identity. Not gonna’ happen, big boy.

      The rest of your post I agree with, in the main.

  63. johngalt333 November 25, 2014 at 9:33 pm #

    Can anyone give me a semi accurate [or better] guess on WHEN the
    Greenback is devalued. — Malthuss

    Yes, I can. Not to the day or the hour, but I know the month and the year: October 2045. So, although Q’s answer was flippant, he was also correct.

    • progress4what November 25, 2014 at 9:40 pm #

      Why are you doing this sock puppet thing, pk?

      • progress4what November 25, 2014 at 9:44 pm #

        Also, q will be 105 on the date you named, if he’s still alive.

        That seems only slightly more likely than that you, the banned screenname of “asoka,” and pkrugman are not all sponsored by the same entity.

      • pkrugman November 25, 2014 at 9:59 pm #

        Are you adressing me when you write pk? You seem a tad confused, It was johngalt333 who posted. I am not banned. And who is Asoka? And why don’t you answer Cold’s questions about your expertise behind all your law enforcement pronouncements? More family members sucking off yet other government teats? For being advocates of government butting out, for all your criticism of so-called big government, you don’t have any problems with your family being dependent on government salaries. Smells of hypocrisy.

        • progress4what November 25, 2014 at 10:07 pm #

          whatever.

        • BackRowHeckler November 26, 2014 at 7:53 am #

          “And who is Asoka?”

          You are Asoka.

          • seawolf77 November 26, 2014 at 9:30 am #

            The walrus was Paul.

  64. Q. Shtik November 25, 2014 at 10:25 pm #

    I don’t think anyone here has mentioned the Swiss referendum on gold that will take place this Sunday, Nov 30. If you’re unaware of what it’s all about read the link below by PCR.

    http://www.paulcraigroberts.org/2014/11/24/swiss-gold-referendum-really-means-paul-craig-roberts/

    The polls show that it is becoming less likely in the past several weeks to get a yes vote and when you read PCR’s explanation you will understand why. A yes vote would be detrimental to the interests of the so-called 1%.

    I favor a yes vote by the Swiss. Even if the yes vote percentage loses but is significantly better than the polls are showing it would be at least a partial victory.

    You can be sure Krugperson would favor a no vote as would his namesake who writes for the NY Times.

  65. pkrugman November 25, 2014 at 10:46 pm #

    “Thus, the monetary policy of the Western world is directed toward supporting the wealth of the rich and worsening the inequality in the distribution of income and wealth.” — pcr cited by Q impostor

    You are failing at imitating Q. (May the peace of Allah be upon him)

    You have tipped your hand with this pcr article. Before Q died he often posted that he despised WEALTH REDISTRIBUTION from rich to poor. He did not give a shit, except when it came to opposing big government. You tripped up, impostor. Too many sock puppets here.

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  66. pkrugman November 25, 2014 at 11:07 pm #

    “Everybody could swear that you are living a normal suburban life. Then the 12th month come.”

    This is an example of one of CFN’s central tenets.

    The the twelfth month comes… and what next? CFN thinks hunger pangs in the belly signal the beginning of the war of all against all.

    As if with a twinge of hunger all your values and beliefs go out the window. Your thin veer of civilization is lost. TS is hitting TF!

    Suddenly you are willing to kill your neighbors to steal their food. Instinct takes over and you will do all kinds of base acts just to survive.

    This poppycock is cited over and over again on CFN with ominous warnings to buy guns, gold, and hoard food stocks. David Hannum was right. Suckers are born every minute.

    • Q. Shtik November 26, 2014 at 12:33 am #

      Your thin [veer] of civilization – Krug

      ==============

      “veer” hah hahaha

  67. Janos Skorenzy November 26, 2014 at 2:32 am #

    Great article. Blacks see race and only race. If you haven’t noticed that already, notice it now. It may save your life.

    http://www.theblaze.com/contributions/hey-ferguson-protestors-justice-has-been-done-but-you-never-wanted-justice/

  68. Janos Skorenzy November 26, 2014 at 3:34 am #

    Did anyone else find McCulloch’s remarks to be inappropriate, long winded, embarrassing, or rambling? I didn’t. On the contrary, I found them carefully reasoned and to the point.

    The media bias for the deceased is beyond belief.

    http://news.yahoo.com/how-prosecutor-bob-mcculloch-s-controversial-past-is-making-matters-worse-in-ferguson-212622087.html

  69. FincaInTheMountains November 26, 2014 at 5:26 am #

    Infrastructure Sticker Shock: Financing Costs More than Construction

    Funding infrastructure through bonds doubles the price or worse. Costs can be cut in half by funding through the state’s own bank.
    “The numbers are big. There is sticker shock,” said Jason Peltier, deputy manager of the Westlands Water District, describing Governor Jerry Brown’s plan to build two massive water tunnels through the California Delta. “But consider your other scenarios. How much more groundwater can we pump?”

    Whether the tunnels are the best way to get water to the Delta is controversial, but the issue here is the cost. The tunnels were billed to voters as a $25 billion project. That estimate, however, omitted interest and fees. Construction itself is estimated at a relatively modest $18 billion. But financing through bonds issued at 5% for 30 years adds $24-40 billion to the tab. Another $9 billion will go to wetlands restoration, monitoring and other costs, bringing the grand total to $51-67 billion – three or four times the cost of construction.

    The San Francisco Bay Bridge earthquake retrofit was originally slated to cost $6.3 billion, but that was just for salaries and physical materials. With interest and fees, the cost to taxpayers and toll-payers will be over $12 billion.

    Escaping the Interest Trap: The Models of China and North Dakota

    There is another alternative. In the last five years, China has managed to build an impressive 4000 miles of high-speed rail. Where did it get the money? The Chinese government has a hidden funding source: it owns its own banks. That means it gets its financing effectively interest-free.

    Models for this approach are not limited to China and other Asian “economic miracles.” The US has its own stellar model, in the state-owned Bank of North Dakota (BND). By law, all of North Dakota’s revenues are deposited in the BND, which is set up as a DBA of the state (“North Dakota doing business as the Bank of North Dakota”). That means all of the state’s capital is technically the bank’s capital. The bank uses its copious capital and deposit pool to generate credit for local purposes.

    The BND is a major money-maker for the state, returning a sizable dividend annually to the state treasury. Every year since the 2008 banking crisis, it has reported a return on investment of between 17 percent and 26 percent. While California and other states have been slashing services and raising taxes in order to balance their budgets, North Dakota has actually been lowering taxes, something it has done twice in the last five years.

    http://ellenbrown.com/2014/06/01/infrastructure-sticker-shock-financing-costs-more-than-construction/

    • seawolf77 November 26, 2014 at 3:41 pm #

      That’s right, no Rothschild style western central bank for the Chinese. No interest to pay. Sure they are empty cities. Kind of like are invisible nukes. Only difference is people can eventually live in the empty cities. Military spending only benefits defense companies, their shareholders and employees. You just can’t build weapons and have them sit there. They HAVE to be used, so that more can be built to replace the ones used and keep the beast alive. It is a recipe for eternal conflict. Eisenhower was right, and JFK was the proof. So was 9/11 for that matter.

  70. FincaInTheMountains November 26, 2014 at 5:29 am #

    Wall Street Journal Reports: Bank of North Dakota Outperforms Wall Street

    While 49 state treasuries were submerged in red ink after the 2008 financial crash, one state’s bank outperformed all others and actually launched an economy-shifting new industry. So reports the Wall Street Journal this week, discussing the Bank of North Dakota (BND) and its striking success in the midst of a national financial collapse led by the major banks.

    The Real Reasons for BND Stellar Success

    To what, then, are the remarkable achievements of this lone public bank attributable?

    The answer is something the privately-owned major media have tried to sweep under the rug: the public banking model is simply more profitable and efficient than the private model. Profits, rather than being siphoned into offshore tax havens, are recycled back into the bank, the state and the community.

    The BND’s costs are extremely low: no exorbitantly-paid executives; no bonuses, fees, or commissions; only only one branch office; very low borrowing costs; and no FDIC premiums (the state rather than the FDIC guarantees its deposits).

    http://www.truth-out.org/news/item/27560-wall-street-journal-reports-bank-of-north-dakota-outperforms-wall-street#

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  71. FincaInTheMountains November 26, 2014 at 5:33 am #

    In view of FED shareholders refusing to finance rebuilding of American economy and social and business infrastructure, may be the way of publicly-owned State Banks is the solution to the problem.

  72. FincaInTheMountains November 26, 2014 at 6:11 am #

    Meat generation

    The term “Meat generation” was first introduced into circulation by Russian media around 2010. This name stands for European-American youth, who is now about 20-25 years old. These are people without a future, not wanted by their own countries, can’t find a decent job, simply because there is not so many jobs in Western civilization, and the education they have is pretty crappy, so they are doomed to disappear in street riots on the streets of American and European cities or become cannon fodder of the Third world War (or fourth, if for the third considered “cold war”).

    For example, since the 80s there was a sharp reduction of the proportion of young people engaged in productive activities (from 35% to 19%) – these jobs simply do not exist and infrastructure for them has not been created – but the share of working as waiters and servers has increased from 15% to 27%. And the waiters and servants just attend to wealthy who are living on looting the world. When the looting ends and the wealthy escape the West, what all those waiters and dog groomers will do?

    Studies show that in general the “developed” countries are mostly in deep pessimism – 65% of the population on average expects things to worsen and the leaders in the number of pessimists – France (85%), Japan (79%) and Britain (72%). In Russia, for comparison – only 21% are pessimists.

    USA: Forget Ferguson, the war has already begun on the streets

    US “Meat Generation”, devoid of productive jobs and no future prospects, will go in the warpath.

    While the mass media hysteria is concentrated on the subject of Ferguson, some dry figures on a wild atmosphere on the streets of cities in “normal” times. Thus, only in one city (Chicago) since the beginning of the year 2346 people were shot (to death – 343), of which 244 teenagers 13-19 years old, (to death – 29)

    http://aftershock.su/?q=node/271155

    • Buck Stud November 26, 2014 at 9:47 am #

      This is what I was referring to when I mentioned “Determinism” versus “Free Will”. The Law and Order types at any cost–typically the right-wing conservative crowd–view every decision as a choice of free will. The criminal act of stealing food is a personal choice, a barometer of one’s morality. Their societal view when condemning criminality always narrows to an exclusionary myopia of the larger macro economic structure in order to justify punishment via the micro/individual choice/ free will paradigm.

      In other words, stealing food is a amoral individual act and never the result of a macro economic structure that increasingly disenfranchises entire segments of society. In this world of ideological delusion they somehow, inexplicably, believe that individuals can operate, indeed even magically transcend, the overarching macro economic structure. After all, didn’t Bill Gates start his empire out of his garage? So they cite the statistical anomaly as evidence that anyone can succeed if they just they pull on their own bootstraps hard enough; never mind that the macro economic structure leaves more and more people essentially barefoot and with no straps to pull on.

      And yet it’s never a good idea to emphasize that one’s own failings are the result of someone or something else such as the ‘macro economic structure’. That creates another deleterious dynamic of laxity and a crutch for that lazy aspect of the human psyche to rest upon. As Michelangelo quipped ” The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.”

      What a convoluted, confusing mess. “Free Will” and “Determinism” are not sharply delineated by easily observed lines of demarcation but flow in and out of each other like waves pouring to some forlorn shore of human fallibility. And what leader/politician could ever hope to sort any of it out when there own hands are accepting envelopes stuffed with status quo reward and their own eyes filled with the beams of a preconceived ideology to justify the nepotism. And, with absolutely zero capability in terms of understanding composition in and of itself as an art form instead of a business plan that benefits a few choice eyelashes over the greater forehead of humanity. The sad truth of “low aim” be told, our politicians are not the divine designing architect as Poet and Prophet, they don’t even want to be.

      • seawolf77 November 26, 2014 at 10:17 am #

        Steal a $100 they put you in jail. Steal a billion and they make you king. Steal a box of cigars and they shoot you down on the street like a dog. Life’s a birdsong.

    • seawolf77 November 26, 2014 at 10:20 am #

      The Meat generation. Reminds me of Meat in “Bull Durham.” The million dollar arm and the 10 cent head. I seem them at work everyday.

    • malthuss November 26, 2014 at 10:54 am #

      And the tens of millions of illegals who Reagan, Clinton and Barry
      give amnasty to, are they the ‘Dog Meat Generation’?

      • seawolf77 November 26, 2014 at 11:07 am #

        The chorizo generation.

  73. pkrugman November 26, 2014 at 10:30 am #

    I do not believe I have anything resembling “free will”

    On a mundane leve, if I chose Cheerios instead of corn flakes, does that demonstrate free will? How do I know I could have chosen otherwise? I was destined to eat Cheerios and only think I had the choice. I only have the illusion of control. Neuroscience is confirming this.

    On a micro level there is no free will. Once you swallow the Cheerios what happens within the body is out of my control. I cannot decide how much goes to muscle, tendons, nerves, fat, etc. Body systems are in control.

    On a macro level we have zero control: birth, death, illness, old age, all happen to us whether we want them or not. If we had free will, would anyone choose a terminal illness? We are on a planet we did not choose, hurtling through space at a velocity and in an orbit we have no control over.

    We have no free will. We only have the illusion of free will.

  74. seawolf77 November 26, 2014 at 10:45 am #

    https://www.youtube.com/watch?v=UTi88Loe8Js

  75. Thor. Ishus. November 26, 2014 at 10:55 am #

    Just turn the light of. And there is no race. I have had them all, And never felt sorry fore it. They all Nice wommen. Blond Black ore grey. We have been here fore X number of years. collaps or not. Dont be consernd som will live. And that is the point. This is a bit boring whit doomers and no doom. Doom fore many and life fore som. So i hope my NeXT life will be as a mushroom some of them have 560 sexes And i see that as a moral callange?

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    • Janos Skorenzy November 26, 2014 at 2:39 pm #

      I’m not going to argue with you cuz you don’t exist. I want you assume your real metaphysical nature. Let you appearance dissolve back into the twisted mind of Krugs from when it came.

  76. FincaInTheMountains November 26, 2014 at 11:14 am #

    Opinion: Marat Musin, journalist, PhD in Economics

    A characteristic feature of another Great Depression is that it starts while real war is going. Rivers of blood spilled already in the Middle East. Suffering burns Ukraine, which the Anglo-Saxons deliberately turned into a military training ground and a permanent disaster zone, creating on ruins of the failed state military transit center to destabilize Europe and Russia. The next step is the former Soviet republics of Central Asia. Fights are already only 600 miles from Moscow.

    First of all, we need to clearly understand: what exactly the battle is all about? The answer is simple. We have a process of force reformatting of the countries rich with natural resources. At the same time real war is being waged for the preservation of “imperialism of the dollar” and usurious banking and stock exchange system covert redistribution of labor and capital. During this war the Anglo-Saxons today fight firmly and decisively, strongly suppressing all possible alternatives. Arsenal in their possession is very wide: from the mechanism of sanctions, trade, technological and financial embargo to “smart” precision bombs and cruise missiles. And in various countries they are waging war by proxy, and not always by local citizens.

    The preference today is given to radicals of all stripes and colors. We have detailed knowledge about schemes to involve young people into totalitarian radical sects, the principles of international recruitment networks and methods of artificial turning to zombies of young and fragile minds.

    Over the past four years 4 clear trends have manifested in the organization of coups in the resource-rich countries:

    1. Initially launched model “revolution by internal opposition” is now replaced by a model of the non-state aggression in the Middle East by outside aggression Wahhabi International – Islamist totalitarian sects and their militias.

    2. Model of the so-called peaceful opposition today replaced by a purely military model to overthrow legitimate authority.

    3. NATO Infantry is replaced by International radicals, specifically radical totalitarian militias and professional mercenaries.

    4. The degree of radicalization of “infantry” is deliberately brought to the absurd and egregious level of “Islamic state.”

    Common tactic methods are worked out. It is the use of drugs and zombie techniques at public events (such as it was at the demonstrations in Libya, Syria and Ukraine), going into attack under the influence of drugs. Capture and destruction of bank credit agreements and credit history as it was in Libya, Syria and Ukraine.

    The fact of credit slavery is being professionally used. Capture the police stations and the destruction of the archives of the criminal police followed the legalization of criminals as revolutionaries and their gangs as revolutionary military units. War – it is for young, hence artificially introduces the pattern of sex-Jihad for the Islamists, which corresponds more to the Israeli practice of free love than an Islamic state, a fundamental atonement of sexual violence against “enemies”, etc ..

    It looks like the age of peaceful and bloodless coup lightning-quick “color revolutions” is in the past. Today they seek to inflict maximum damage to the economy and infrastructure of the target country. Invasion must lead to economic ruin, destruction of infrastructure. Lessons from Libya, Syria and Ukraine clearly show what economic negative consequences today entails the transformation of the country’s power structure.

    The targeted increase in the degree of violence and terror at the “infantry” level also has its logical explanation.

    As is known, the external enemy unites. To avoid this, in the public mind is saturated with stereotypes about the power of the enemy as force majeure. For example, in Syria and Iraq is believed that the “Islamic state” (ISIS) always wins, then the executing hundreds of thousands of dissidents. Public execution of June 15, 2014 of 1700 soldiers, officers and cadets of the Military Academy of Iraq on the Sabakir base in Tikrit in northern Iraq, in fact, cemented in the public perception of “Islamic state” as an “unbeatable force”. As a result, the people’s will to resist is largely suppressed. So today, after hearing about the appearance on the horizon squads of “Islamic state” Abu Bakr al-Baghdadi (real name: Ibrahim Ibrahim Bu Auaad Badri bin Armush), the civilian population flees in panic.

    This is one aspect of the problem – the internal.

    External aspect is no less important. They explain why the crime of genocide consciously brought to the absurd and transcendent level of severity. Demonstrative executions of prisoners by the thousands, as well as selective cutting off the heads of foreign journalists are intended to mobilize and raise the whole civilized world to fight the mythical threat (with newcomers cannibals – aliens), putting it under the command of the military-political machine of the USA.

    Indeed, the rise in the degree of terror to the practices of this genocide lets his true organizers to solve two important problems. Firstly, the mythical threat allows to prove the admissibility of the use of force in the region and in the public opinion to justify violation of the sovereignty of foreign countries. Secondly, the mythical enemy allows legalize own military presence in the region, the US and NATO will not act in the role of aggressor and violator of sovereignty, but the role of chief protector and savior of the world.

  77. pkrugman November 26, 2014 at 11:21 am #

    They all Nice wommen. Blond Black ore grey. — Thor Ishus

    You leave them greys alone, y’hear?

    Are you Asoka? Someone told me he used to talk about Thorium.

    • Thor. Ishus. November 26, 2014 at 11:56 am #

      Dont tink so Pkrugman. They are the best. Mixt Girls work harder. And are just as lovly.

    • Janos Skorenzy November 26, 2014 at 2:07 pm #

      Have you no shame?

  78. pkrugman November 26, 2014 at 11:34 am #

    Finca, your post is anti-Islam and anti-usurious banking. Islam prohibits usury. You should support Islam.

    • FincaInTheMountains November 26, 2014 at 11:38 am #

      First off, it is not my text – just translation of the article. Second, I do not find it anti-Islam, just anti-Radical-Islam propagated by western intelligence – as in Wahhabi-Terror-International in various flavors being used in Libya, Syria, Iraq, Russian Southern republics.

      • Janos Skorenzy November 26, 2014 at 2:34 pm #

        Still hoping to use “moderate” or “real” Islam against the West I see. You people never learn. Always overreach. Always snatch defeat out of the jaws of victory.

        • FincaInTheMountains November 26, 2014 at 5:35 pm #

          No, not “using Islam against the West”, just living peacefully with large Muslim Russian community. I personally knew quite a few Tatar Muslim folks while living in Urals.

    • FincaInTheMountains November 26, 2014 at 11:45 am #

      Besides, US really don’t care if they are using radical Islamist or Nazi-brainwashed Ukrainians – as long as it serves their purpose.

  79. FincaInTheMountains November 26, 2014 at 11:55 am #

    The reason I present here those articles is to give an alternative view of current events, which could not be dismissed as another “conspiracy theory” or Alex Jones rant because they represent the mainstream political viewpoint of a major nuclear power.

    • seawolf77 November 26, 2014 at 3:35 pm #

      Nuclear weapons don’t exist. They are a creation of Bernard Baruch. It is all a lie. They deceive even the very elect, so don’t feel bad.

      • FincaInTheMountains November 26, 2014 at 5:18 pm #

        My farther has built one, so excuse me if I won’t buy that BS of yours.

        • seawolf77 November 26, 2014 at 6:00 pm #

          A lot of fathers worked on Apollo as well. 400,000 people. And the LEM looked like it was made from sticks, cardboard, and aluminum foil. I wouldn’t ride on it around the block, let alone to another celestial body. They couldn’t even fake it worth a damn. Ditto atom bombs. A Cold War hoax that cost America 5 trillion dollars in defense spending and killed over 5,000,000 people.

          • seawolf77 November 27, 2014 at 10:47 am #

            If this nuclear fission fusion stuff is explosive why doesn’t the sun blow up? Conversely if it is true why didn’t the Manhattan Project produce a mini star? You’ll say suns do explode, they’re called supernovas. I’ll say supernova are damn rare and from what I understand depend on gravitational collapse, something a nuclear bomb does not use. Yet we’re able to do it every time. You believe it for the same reason everyone else does. You saw it on TV and your government told you so. Tesla mocked Einstein and his theories and curiously died right before the nuclear age.

  80. pkrugman November 26, 2014 at 12:12 pm #

    “…they represent the mainstream political viewpoint of a major nuclear power.”

    Thanks for the clarification, Finca. In what country do you have a Finca?

    I consider Russia to be a minor regional player but enjoy reading your pro-Russia posts to gain a different perspective.

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    • Thor. Ishus. November 26, 2014 at 12:53 pm #

      If they had been left alone. To sell oil gas and agri and import cars and Tools. They are peacefull and kill a lot less folks a year compeard to the US. Just leav them alone to feed Europa. US pessure is the cunt here. The war whas ended due to them. They destroid 80% of the german army. The allies was the mopp up crew. Nato just need sombody to blame fore the monetary shit they made. Victoria diddent help, nor the 5 bill usd to toppel a leggetim alected demokraty.

    • AKlein November 26, 2014 at 1:22 pm #

      “I consider Russia to be a minor regional player …” American exceptionalism.
      Fincaln asserted, correctly, that Russia is a “major nuclear power.” This is very relevant to their being a “player” globally. We can ignore that at our own risk. You can say anything you want about Russia, but one thing is certain – the Russians are not pansies. Push them too far and they will take whatever action they think is necessary.

  81. volodya November 26, 2014 at 2:07 pm #

    So what are the odds that BO, facing two more shitty years, decides to abdicate? Just says screw this and fucks off.

    Can he do it? Why not? You can see it in his eyes, this White House gig unendurable, two more years of this crap unimaginable.

    I’ll bet all he can think about now is hangin’ and chillin’, maybe taking his sweet time writing a book. And maybe doing some travel away from the chicks, the “chicks” being Michelle and the girls and their laser-eyed scrutiny – especially Michelle’s. And getting what he figures should be coming his way – a bit of world class trim. After all this pressure a guy needs some relaxation, no?

    And, if the press catches a whiff, who cares, screw the press. Because, I mean, what’s the point?

    There’s Hagel as the example. Hagel looks around and sees the American team – cough – “negotiate” with the Iranians. And Hagel sees the Iranian “negotiators”, who can’t keep a straight face, laughing in their beards at their ape-armed, slack-jawed opposites. Who, in turn, with no real leverage, understanding the futility, sigh deeply and go through the motions anyway, knowing in the end that the Iranians will cough up a nuke.

    And then there’s this farcical, half-assed air-campaign against ISIS. Hagel sees Turkey sitting it out, Turkey being the country with ISIS just a grenade-toss away, Turkey seeing no evil, hearing no evil, letting the evil unleash on the Kurds for which the Turks, at best, have no use. I mean, if the Turks, being right there next door, don’t lift a finger, why does the US?

    Hagel, being reasonably intelligent, probably wonders why the fuck are we bombing ISIS to protect Kurds when these Turks are killing people we’re trying to protect?

    In short, everything the US putting their hand to a total fubar. So Hagel does the logical thing. You’d have to be a moron to stay, no? Picture it, Hagel sitting, head in hands, watching Obama walk around with his shorts hanging out. Would you stay? I wouldn’t, I’d be gonzo. I wouldn’t hang around these bozos.

    So it is with Obama. Time to look around. Any point in staying? No? Then split. Go someplace where his presence would be valued, maybe with someone like the Sultan of Brunei, where he could be a charming house-guest and dinner companion. I’m sure the Sultan and his wife (or wives) would be thrilled.

    • Janos Skorenzy November 26, 2014 at 2:25 pm #

      Are you kidding? He’s having the time of his life. Two years to screw America to the max. What’s not to love? He was born for this, trained for this, elected for this.

  82. Cold N. Holefield November 26, 2014 at 2:22 pm #

    So what are the odds that BO, facing two more shitty years, decides to abdicate? Just says screw this and fucks off.</i.

    If a pope can do it, and one has, so too can a president. I think it'd be great. Let an eggplant take his place — nothing will change — it will be business as usual. This puppy's on auto pilot and the controls are set for…the heart of the sun.

    • Janos Skorenzy November 26, 2014 at 11:30 pm #

      The heart of the sun – or the art of fun? Pope Frank loves both Tango and Clown masses.

  83. Janos Skorenzy November 26, 2014 at 2:27 pm #

    NY Times issues fatwa against Officer Wilson by publishing his address. Hope Wilson sues. Right Wing responds by publishing the addresses of the two reporters.

    http://clashdaily.com/2014/11/boom-jackasses-two-nyt-reporters-posted-darren-wilsons-home-address-look-see-home-addresses/

  84. progress4what November 26, 2014 at 3:40 pm #

    “P4W, is the duty of law enforcement to escalate or de-escalate situations? If an officer shoots someone12 times, isn’t that an execution? If the shooting was defensible, why wasn’t a police report filed? Why was the body allowed to hang, I mean lie in the street, for over four hours? If an officer shoots out of anger or fear, should he be a cop?” – rugsoaker –

    Rugs, it’s the duty of law enforcement to follow their legal mandate to enforce laws.

    12 shots – of which only 6 hit Brown and only one (the last) was fatal? Certainly not an execution, look up the definition.

    Lack of a police report, leaving the body in the street uncovered – these were egregious errors, of the sort that large police jurisdictions have learned not to make, as I said earlier. Should the persons responsible for these errors be disciplined or prosecuted?
    Sure, why not? Does that have anything at all to do with Wilson’s non-indictment? No, it does not.

    If a cop never reacts out of anger or fear? Never?
    Jeeze – good training, good instincts, and years of experience can do a whole lot. BUT – if a cop never reacts out of anger or fear he has missed his calling; because he is a reincarnation of the Buddha.

  85. progress4what November 26, 2014 at 3:57 pm #

    “That is flat out baloney. The kid was unarmed. Because he was big and black he’s Super Criminal. Give me a break. If the cop had any real training he would not have put himself in the position where the kid had access or could grab his gun. He also has mace, a billy stick, tasers, and who knows what else on that belt. It’s a veritable cornucopia of killing and maiming devices. The police in this country are flat out of control and getting worse because of people like you. Go dance with the angels on the head of a pin. Anyway you slice it, he is guilty of murder. You probably believe Arabs with box cutters defeated ex military pilots with extensive hand to hand combat training.” – sea –

    Umm – not exactly sure what the 9/11 conspiracy has to do with Ferguson, except that it shows your state of mind that the human hand can always slice through a razor sharp box cutter. ? ? ?

    And you are not alone in giving police super-human powers in how they deploy their pepper spray, tasers, and nightsticks. Everybody loves to hate on cops until they need one – then they suddenly expect the cop to perform miracles.

    If police are out of control (and some are) then this needs to be addressed by concerned citizens such as yourself – because out of control policing threatens ALL of us. That’s ALL, repeat A.L.L, without regard to race, creed, or color.

    Turning this single case into racial theater is counterproductive and dangerous to all of us – perhaps most especially to young black males and those who live in majority-black neighborhoods.

    But that’s what is happening, isn’t it?

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  86. FincaInTheMountains November 26, 2014 at 4:44 pm #

    Russian Investigative Journalist Karaulov published a movie regarding Malaysian flight MH17.

    The mass murder crime involved 299 Squadron of Ukraine Air Force of four jets, tail numbers 06, 07, 08 and 38. The “Boeing” was knocked down by Su-25, tail number 08. Pilot – Colonel Dmytro Yakotsuts, who soon fled to the United Arab Emirates. Air Dispatcher – Anna Petrenko, who led “Boeing” from Dnepropetrovsk. The day after the tragedy she has gone on vacation never to return to work again. Judging by her the page in the social networks, loves “Right Sector” and personally Kolomoiskiy.

    According to the Karaulov, “Boeing 777” was on the advanced watch and attacked on the orders from the ground. The first blow was struck by 30-mm cannon of Su-25 and hit the cockpit. The crew was killed instantly. The plane continued on autopilot to follow its course. Then it was fired upon by a “Buck” missile from the ground, which hit the engine nozzle and finished the plane off. The plane-killer, Su-25, 10 minutes circled over the area of accident and photographed the “Boeing” crash site. There are plenty of eyewitnesses who saw the whole event from the ground.

    And most importantly – Karaulov claims that pilots, and those who shoot with “Buck” personally reported to Kolomoisky, from whom they received the order to destroy the plane. Vladimir Putin. Kolomoisky wanted to kill Putin. He was told that the president of Russia after the tour of Latin America flies to Rostov to watch military exercises. Malaysian plane, similar in appearance to the Russian board 1, was destroyed by mistake. Poroshenko learned about this crime, drunk himself into a stupor out of sheer fear.

    Following this, Kiev and the West did everything to subvert the investigation, and the truth has never been proven. Russia – the only party who is able to show and prove what really happened. I suppose that it is not Karaulov personal suspicions, but the results of the Russian official investigation.

    http://www.youtube.com/watch?v=m1QH03NtVQ0

  87. pkrugman November 26, 2014 at 5:45 pm #

    Volodya, Obama is happier than I’ve seen him in a long time.

    He will continue his agenda because he only needs a phone and a pen. Republicans cannot stop him because Obama also has the power to veto and Republicans don’t have 67 votes to override. Their bogus lawsuits will fail. They won’t impeach or shut down the government because they want to win in 2016. This is not Canada, Volodya/Cash..

    Obama is more activist now than ever. Just look at what he has done in the last two weeks. (I will spare you the list.) The last two weeks of executive activism is a preview of Obama’s last two years. And he is enjoying making changes to benefit America.

    SI SE PUEDE!

  88. pkrugman November 26, 2014 at 8:21 pm #

    Justice Antonin Scalia, in the 1992 Supreme Court case of United States v. Williams, explained what the role of a grand jury has been for hundreds of years.

    It is the grand jury’s function not ‘to enquire … upon what foundation [the charge may be] denied,’ or otherwise to try the suspect’s defenses, but only to examine ‘upon what foundation [the charge] is made’ by the prosecutor. Respublica v. Shaffer, 1 Dall. 236 (O. T. Phila. 1788); see also F. Wharton, Criminal Pleading and Practice § 360, pp. 248-249 (8th ed. 1880). As a consequence, neither in this country nor in England has the suspect under investigation by the grand jury ever been thought to have a right to testify or to have exculpatory evidence presented.

    The prosecutor McCulloch turned the purpose of the grand jury on its head. No justice. No peace.

  89. Cold N. Holefield November 26, 2014 at 8:35 pm #

    No justice. No peace.

    Give it up all ready, rug. No matter how much you, the media, and a handful of “protesters (rioters and/or looters)” parade around, this thing is dying on the vine. We’re in the thick of college and pro football season where tens of millions of Americans, the majority of them White, sit back and watch mostly Black and rich, or soon to be rich, football players entertain them. That’s Justice, and that’s Peace. Accept it. Embrace it. It’s the Real Thing, not this failed Race War you and your ilk are trying kick start. No one got time for that (the grammar is purposely incorrect).

  90. nsa November 26, 2014 at 9:02 pm #

    We pay cops good monery to shoot afros and drug addled white trash and hispanic gang creeps who behave like animals. Common sense dictates that when you interact with someone armed and licensed to kill, at least be polite and keep your hands to yourself…and maybe park the attitude. Just basic common sense…….

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    • malthuss November 27, 2014 at 1:45 am #

      Since when is ‘common sense’ common? especially in da hood?

      check this cute lil movie,

      youtube.com/ HEY WHITE PEOPLE.

    • Buck Stud November 27, 2014 at 10:23 am #

      I agree with your last sentence–good old fashioned street wise common sense–but your first sentence is the attitude on which the boomerang flies.

      One day in the future–is that time already here?–the well paid black or Latino cop is going to smooth the chip of past traumatic experience off of his shoulder by profile targeting the likes of you or Janos or BRH or Prog or anyone else–including those you hold near and dear– for racially targeting his loved ones in unfair and ways.

      In other words, you will become a symbol to be destroyed for all past injustice and oppression. Your unique human quality will be smothered by the group preconception and prejudice: the “afros,drug addled white trash, and hispanic gang creeps” mindset now being officially worn by one who has the institutional authority to destroy lives.

      Perhaps your beautiful white grandson will be walking on the street someday and a black or hispanic cop with a retributive chip on his or her shoulder will stop him and indeed confront him. If the boomerang, first launched in the air by past actions is particularly evil, he will shoot him dead in the street because he felt ‘his life was in danger’.

      I’m sure you understand that demographics are rapidly changing. Indeed, in many police forces across the country ‘minority’ police officers’ are increasingly becoming a larger percentage of any given police force. And I’m also sure you understand, that ‘actions have consequences’ and that some reprehensible types will not judge you by the content of your character, but by the color of your skin, and you, or you or you, will now being wearing the other shoe of the preyed upon when that boomerang comes flying back the other direction.

      Do you ever consider things this way? To me it’s plain old ‘do unto others…’ common sense.

  91. Q. Shtik November 26, 2014 at 9:08 pm #

    We have no free will. We only have the illusion of free will. – Krug

    ==============

    So Obama is innocent of crimes against humanity and Wilson is innocent of murder. In fact we are all innocent of everything.

    • pkrugman November 26, 2014 at 10:11 pm #

      Correct.

      We are all just playing out our assigned roles, a play full of sound and fury signifying nothing. None of it is even real. Ask Cold N Holefield, or study up on Zen Buddhism. Or don’t. Or do. Or act like you are choosing to do or choosing not to do. It doesn’t matter. Google samsara. Google maya. (Or don’t). As P4W is wont to say: whatever.

      Your post/assertion is exactly correct.

      MAYA :
      http://www.hinduwebsite.com/hinduism/essays/maya.asp

      • Q. Shtik November 27, 2014 at 12:40 am #

        You take to the podium an awful lot considering nothing matters. Whuts up wit dat? Don’t bother answering ’cause it doesn’t matter.

        • malthuss November 27, 2014 at 1:46 am #

          Haw haw. You nailed him [or her].

  92. pkrugman November 26, 2014 at 9:51 pm #

    Janos, BRH, and P4W were fearful about the outcome. Janos specifically stated there were plans to burn down the Ferguson Public Library. He calls Black people savages. So I made a point to follow up on Janos’ belief in an anarchic threat against the library by savages.

    Here is what happened: because schools were closed the public library hosted 50 teachers and offered tutoring to students. There were 7,000 people who gave donations of money and more who gave donations of books to the library. It was all voluntary. No one was getting paid. The community came together in a time of crisis.

    Buying guns and living in fear of “savages” (as advocated by racists on CFN) is cowardly and not constructive.

    What the media showed were isolated incidents of violence, but for the 108 days prior the protests were nonviolent and not covered.

    Janos did not succeed in his prediction of violence against the public library. The media did not cover the extraordinary and massive acts of nonviolent collaboration for peace and knowledge, as in the example of the public library.

    You, Cold N hole field, will not succeed in your prediction that the protests are dying out. Black children are still being murdered and those doing the killing are getting off.

    Here is my prediction: this is not over. Nonviolent protest will continue. The federal investigation continues. The analysis of Wilson’s grand jury fictional narrative/testimony continues. The option of a civil suit against Wilson continues.

    No justice. No business as usual.

  93. Cold N. Holefield November 26, 2014 at 10:03 pm #

    You, Cold N hole field, will not succeed in your prediction that the protests are dying out.

    I’ve already succeeded. They (the protests) were never real to begin with. Like I said, people don’t have time for this bullshit. There’s Black Friday (haha) and football and a whole host of other distracting activities to round out the Bread & Circuses. Rug, if I didn’t know better, I’d say you and BHO are in the employ of the gun manufacturers, or in the least, you yourself are heavily invested in a cross-section of gun manufacturers’ stock.

    “No Justice – No Peace” equals “Burn The Bitch Down.” Go ahead, Rug, burn it all down — see if I care. I told you I don’t (care) anymore.

  94. Cold N. Holefield November 26, 2014 at 10:12 pm #

    The option of a civil suit against Wilson continues.

    I think it’s time Darren Wilson consider some lawsuits of his own — against the agenda-driven media and against Michael Brown’s parents for slandering him by calling him a murderer on national television after the justice system (we’re a nation of laws — remember?) via a grand jury determined Darren Wilson was acting within the law in shooting Michael Brown dead and no charges should be filed. If you’re opting for mob justice, and it appears you are, you and Blacks are going to be on the losing end of that stick if you push too hard to wield it. The genius of the crowd can quickly turn on you even though you think it’s currently in your favor.

  95. ZrCrypDiK November 26, 2014 at 10:17 pm #

    volodya: “In short, everything the US (is) putting their hand(s) to/’on'(, ends up) a/” total(ly) fubar.”

    I think I like your version better. So much more succinct and efficient (lulz, redundant).

    ColoN HF: “Let an ‘eggplant’ take his place”

    Haha, “Enemy Of The State.”

    P2C: “12 shots – of which only 6 hit Brown and only one (the last) was fatal? Certainly not an execution, look up the definition.”

    So that shot to the temple was totally harmless – only the shot straight down the center of his skull/vertebrae (was)? Nice reconstruction of the crime scene (How far do shells eject, on average, from said officer’s gun? How long does it take to run a “50 yard dash?” Where ‘exactly’ was the blood on the street? Ad nauseum)…

    I noticed no one pointed out the fact that the Ferguson police dept has been completely renovated, and they built a brand new fire station RIGHT next door (google maps [street view]). The police state seems to be rolling in $$$ there. However, they can only seem to *afford* 1 cop per car, no tazers (go figure), and no fire dept to put out 20 burning buildings (eek!). I have to admit, I whuz liek a rubber-necker Mon nite, watching 4 burning cars in a used car lot, slowly turn into 13 (be4 the fire dept finally put it out)… Oddly enough, I never saw that “Hollywood car explosion” – only feeble spark-effects, mostly from tempered glass, finally shattering under the heat/pressure…

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    • progress4what November 27, 2014 at 8:08 am #

      Good questions. I don’t know if the temple shot was gonna’ be fatal. I think the autopsy showed it would not be. And I’t amazing how much damage an angry human (especially a large, young, male one) can sustain and still keep moving.

      Buddy of mine shoots a similar Sig. It throws shells about 7-9 feet.

      You don’t put firefighters on a scene if there are unknown shooters within range. That’s standard. Firefighters face enough hazards and should be able to concentrate on what they get paid for, which isn’t supposed to be getting shot.

      I don’t disagree about the overbuilt PD station and the lack of tasers and patrol officer CAMERAS (jeeze!). All US citizens should be concerned about this stuff. Making it a racial issue is wrong.
      Who is responsible for this? Besides the rugsoaker, here?

      Gotta’ hit the road.

      • ZrCrypDiK November 29, 2014 at 4:30 am #

        I have to make clear, that when I talked of reconstruction, I didn’t refer to you (yours). I was talking about how the prosecuting attorney (and lamestream media) seemed to purposely keep the crime (sic) scene details obfuscated. Keep it a total dust cloud…

        Had they simply played the video simulation based on evidence, no one would be questioning details from the crime scene (didn’t they have audio from someone’s phone, that ‘synced’ many shots)…

        No doubt they certainly made it all *seem* “uncertain,” in order to confuse those feeble “feebz” (divide & conquer)… Feelin’ *LUCKY*?!?

  96. pkrugman November 26, 2014 at 10:44 pm #

    “If you’re opting for mob justice, and it appears you are…” — cold

    Give it up, cold. Your claim that you don’t care is betrayed by your defensive reaction… As if saying “No justice. No peace.” is a prescriptive statement, when you know damn well it is descriptive and that I have never “opted for” violence.

    “No peace” does not equal violence (except in your mind). No peace means people are not going to have peace of mind as long as white police are shooting Black children, children who always seem to be “reaching for their waistband” but turn out to be unarmed.

    • malthuss November 27, 2014 at 1:53 am #

      We call you out on yr bs.

  97. FincaInTheMountains November 27, 2014 at 4:49 am #

    http://www.youtube.com/watch?v=oM4–jX2by4

  98. FincaInTheMountains November 27, 2014 at 4:55 am #

    Homosexuality May Have Evolved In Humans Because It Helps Us Bond, Scientists Say

    http://www.huffingtonpost.com/2014/11/26/homosexuality-evolution-social-bonding_n_6218406.html

    I thought we are well pass the second stage of ‘Overton Window‘ on that one. Or is there a new agenda brewing?

  99. FincaInTheMountains November 27, 2014 at 5:01 am #

    Stealth bombers, Aegis weapons system vs. 100 bucks microwave oven

    In April an unarmed Russian SU-24 tactical bomber flew over the USS Donald Cook in the Black Sea and using an electronic warfare weapon disabled the entire ship. This is important because the Donald Cook is an Aegis equipped guided missile destroyer. The Aegis weapons system is the most integrated and advanced combat weapons system the U.S. has available.

    The ship carries 56 Tomahawk missiles in standard mode and 96 in attack mode and can launch nuclear missiles. It also has more than 50 antiaircraft missiles. The Aegis weapons system can link to all the other ships in the area to enable tracking of hundreds of targets in real time. It is also installed on NATO’s most modern ships.

    The SU-24 had only an electronic warfare pod and no bombs or missiles. The electronic warfare device is called a “Khibiny”. The device disabled all radars, control circuits, computer systems, information transmission systems, etc. After the first pass that disabled all fire control the plane circled around and made a simulated missile attack on the destroyer, not once but 12 times before flying away. The Donald Cook immediately headed for a port in Romania for repairs.

    ===================================================

    The Serbian battery commander, Colonel Dani Zoltan, whose missiles downed an American F-16, and, most impressively, an F-117 and B-2, in 1999, has retired, as a colonel, and revealed many of the techniques he used to achieve all this.

    Zoltan knew that his major foe was HARM (anti-radar) missiles and electronic detection systems used by the Americans, as well as smart bombs from aircraft who had spotted him. To get around this, he used was using different types of radar imitating decoys. The most common thing used for emitting radio-waves of the same wave-lengths as of the radars was an ordinary microwave oven. The existing microwave ovens were just set to work with their doors opened and used as decoys. They were emitting microwaves that were like the ones from air-defense radars. When the plane would go for a decoy, a Soviet surface-to-air missile system SA-3 of the 60s was used to shoot the plane down.

    Well. As we say in Russia, for every smart ass there is a dick with a screw.

  100. FincaInTheMountains November 27, 2014 at 6:58 am #

    Possible hyperinflation scenario

    Technically, it would look something like this. At the very beginning of the hyperinflationary process The Cartel gets their hands on the overwhelming majority of US assets at heavily adjusted price. Due to massive asset repurchase US markets start to grow again – the only ones in the world. They suck in the vast majority of global liquidity, trying to take advantage of the rapid growth of speculative markets to preserve its value, and pull them even higher. In this case, the main seller will naturally be The Cartel, who will receive this first slice of the profits. First all available foreign dollars will go on the US markets. Then the dollars resulting from FED purchase of US government T-bills, significantly reduced as a result of hyperinflation.

    As a result, the volume of dollar liquidity abroad plummets, causing a significant appreciation of US dollar against all foreign currencies. Additional demand for dollars will be satisfied by The Cartel in exchange for the most promising foreign assets, which by this time will drop dramatically in price.

    When the flow of liquidity from abroad dries up, The Cartel would help the markets to collapse again, this time to catastrophic levels. The plummeting assets, of course, will be bought by The Cartel. As a result of this operation in the hands of its members will be focused around 60-70% of the total national wealth and a significant portion of the world’s assets.

    In this case, the next round of hyperinflation will reduce the financial obligations of The Cartel before the Fed to a size that is easily serviced from dividends from the acquired assets. A sudden withdrawal of external demand for the dollar will lead to its explosive devaluation to the level of intrinsic value, ie, 4-5 times over several months. The housing is primary potential candidate of initially moving hyperinflation from financial to consumer markets.

    Interesting, ZeroHedge reports that November saw the largest MoM rise in US New Home prices ever… ever! to an all-time record high $305,000.

    http://aftershock.su/?q=node/66606

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  101. progress4what November 27, 2014 at 7:58 am #

    Rugs asks us why young black men are “always reaching for their waistbands” when moving about or getting ready to run.

    I think the answer is pretty obvious.

    It’s “to keep their pants from falling down.”

    Happy Thanksgiving to all who claim this American holiday!
    Enjoy the abundance. It can’t last forever. Nothing ever does.

    • ZrCrypDiK November 29, 2014 at 4:25 am #

      Props?!? Heh, You so damn *negative*…

  102. Cold N. Holefield November 27, 2014 at 9:04 am #

    “No peace” does not equal violence (except in your mind). No peace means people are not going to have peace of mind as long as white police are shooting Black children, children who always seem to be “reaching for their waistband” but turn out to be unarmed.

    Perhaps that’s what “no peace” means to you, but you are not everyone, and you can’t speak for everyone. I have to laugh at all the White liberals marching around over this. They couldn’t be more clueless, and they couldn’t be more racist. Yes, they are the biggest racists of all because they must turn Blacks into victims to feel empowered, and in turning Blacks into victims, they render Blacks inferior and needing a helping hand in perpetuity. It’s an extremely cynical opinion of Blacks, and yet this is what these weirdo liberals preach day in and day out. Blacks are their gravy train. Blacks are their slaves, just in another form. They are exploiting Blacks every bit as much as the founders of America did, except they’re much more surreptitious and hypocritical about it. Some Blacks have learned, but most bask in the largesse of crumbs that fall into their laps.

  103. Cold N. Holefield November 27, 2014 at 10:28 am #

    The heart of the sun – or the art of fun? Pope Frank loves both Tango and Clown masses.

    Maybe it’s “the fart of the son.” “Through him, with him, and in him” — and all that jazz.

  104. BackRowHeckler November 27, 2014 at 11:05 am #

    Yesterday we find out the leader of the state senate, a blow brother ‘married’ to another dude, is retiring in Jan. after 10 years or so with a pension of $10,000 per month. But it gets better. In the senate he was head of the education committee, so the teachers union, the CEA, hired him on as a lobbyist: salary, $400,000 per year.

    Happy Thanksgiving, CFNers!

    Marlin Williams

  105. pkrugman November 27, 2014 at 11:41 am #

    BRH, when you post salaries, bonuses, pensions, etc. how do you know how much the individuals you name by name are receiving?

    Does Connecticut post all that transparently on government websites? Could I use them to find out how much someone is receiving in government social security, disability, veterans benefits, etc.? For example, how much you receive in government checks?

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    • BackRowHeckler November 27, 2014 at 5:14 pm #

      I left something out. One of the big issues of this state senator was ‘income inequality’.

    • BackRowHeckler November 28, 2014 at 7:22 am #

      All these excessive state employee pensions and public sector renumeration are widely reported on by newspapers in the state.

      What, you think I could make this sh#t up?

      brh

  106. pkrugman November 27, 2014 at 11:49 am #

    P4W, happy thanksgiving…

    but about this impermanence theory of yours… Have you heard of the law of conservation of mass?

    Do you believe in physics?

    Matter can neither be created nor destroyed. It lasts forever. We are matter.

  107. pkrugman November 27, 2014 at 12:07 pm #

    Malthuss, thank you.

  108. JB November 27, 2014 at 1:37 pm #

    We have created the artificial reality by giving Wall Street enough power to show us how the true capitalism works. It is obvious that Wall Street operates on its own, outside of what we understand as a capitalist economy. It is rather a cancerous agent that consumes healthy, productive cells and grows towards its own complete destruction. By the time we reach the year zero, we will all be poor and sick. Bankers will hide in their luxury mansions, but it won’t help them. I feel that the revolution is coming.

  109. pkrugman November 27, 2014 at 1:39 pm #

    Obama is on a roll, addressing problem after problem with his executive powers. Not little things either: healthcare reform, ISIL, China, Ebola, gas prices under $3.00, immigration reform, and now Obama is taking on climate change, using the Clean Air Act of 1970, the most powerful environmental law in the world.

    Obama is doing more for the environment than any president. Lame duck? Ha!

    Republicans have nothing like an environmental agenda, so Obama is using the authority of the Clean Air Act passed at the birth of the environmental movement to issue a series of landmark regulations on air pollution, from soot to smog, to mercury and planet-warming carbon dioxide.

    Obama is happy, truly enjoying governing. I can’t wait to see what other ways he finds to make America better in the coming months. Who knows, maybe marginal tax rates will increase to Eisenhower’s rates.

    On this Thanksgiving Day I give thanks Obama is still an effective president. Si se puede. Si Obama puede. Si nosotros pudimos! Gracias, Mr. Obama.

    • BackRowHeckler November 28, 2014 at 7:18 am #

      Dude are you serious?

      Or just yankin’ our chain?

      • malthuss November 28, 2014 at 10:26 am #

        Perhaps both. Clearly s/he is a troll.

  110. Q. Shtik November 27, 2014 at 3:02 pm #

    Thanksgiving…my favorite holiday…the 3 Fs: family, food and football.

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  111. Cold N. Holefield November 27, 2014 at 8:15 pm #

    Thanksgiving sucks. Like all holidays, it’s depressing as hell. Holidays are fake on steroids, and Thanksgiving doesn’t disappoint.

    Not to mention, Thanksgiving is pretty much irrelevant now, if it was ever relevant. The stores are selling Christmas decorations well in advance of Thanksgiving and towns are now throwing up the Christmas decorations weeks before Turkey Day.

    Holidays, in America at least, are yet another opportunity for the fat fucks, who are increasingly the majority, to add even more pounds plowing back hormone-infiused frankenbird and then lazing around afterword watching those who would like to see them genocided chasing a pigskin around for millions of dollars.

    • Q. Shtik November 27, 2014 at 11:07 pm #

      hormone-[infiused]

      …chasing a pigskin around – Cold

      ============

      infiused……….hah ha

      “These days, footballs are typically made from cowhide or vulcanized rubber, making their nickname “pigskins” somewhat ironic. Football fans often perpetuate the idea that footballs used to be made of pigskin, which is how they got their nickname, but it turns out this isn’t the case.”

  112. FincaInTheMountains November 28, 2014 at 3:12 am #

    Ukraine, Canada and United States are the only three countries to vote against UN resolution against “Glorification of Nazism”.

    115 countries voted for. There were 55 abstentions.

    Resolution calls on nations to combat “glorification of Nazism and other practices that contribute to fueling contemporary forms of racism, racial discrimination, xenophobia and related intolerance.”

    http://www.huffingtonpost.ca/2014/11/26/canada-united-nations-nazism-resolution_n_6228152.html

  113. FincaInTheMountains November 28, 2014 at 3:57 am #

    The situation in the world’s economy remains highly unstable. The “oil price war” is now added to the “currency war”. It is broadly presumed that the “oil war” is a result of United States trying to bring down pricesl using its satellite Saudi Arabia to ruin Russian budget and provoke protests inside Russia against current government, similar to what Reagan did in the 80s. However, it may not be true. After all, the sole beneficiary of low oil prices remains China – main economic competitor of US, who is having its shale oil industry ruined by low oil prices. Are Saudis playing against US under Chinese protection?

    On the currency front situation remains highly explosive. It looks like the FED shareholders – The Cartel – turned on the “dollar vacuum cleaner” to suck in liquidity from all over the world and create huge final demand for US Dollar. Now it seems that US Stock markets are just not enough and they are heating up the real estate market. That may be the beginning of final stage when the foreign liquidity and demand for US Dollar dries up causing collapse of US Stock market to catastrophic levels following by collapse in dollar value.

    Problem is that The Cartel is not the only one player in that game, China and Russia actively intervening by removing dollar from foreign trade through mechanisms of National currency swaps.

    Any mistake on any player part could lead to completely unpredictable results.

  114. FincaInTheMountains November 28, 2014 at 4:34 am #

    There are four major players in today very dangerous game.

    1. The Cartel, or Finance International, or “banksters” with coordinating center in the City of London and Wall Street. Those are the main shareholders in US Federal Reserve.

    2. The National bureaucracy of United States that still controls the US Armed Forces, the Military-Industrial complex and in parts the US intelligence agencies.

    3. The Chinese – by the sheer size of their productive economy

    4. The Russians – contrary to what pkrugman thinks that Russia is just a modest regional player, they play an important role by blocking the major hot war with their nuclear arsenal.

    In my opinion, the most advantageous for our civilization scenario would be a Union of Chinese, Russians and National bureaucracy of US against The Cartel. Unfortunately for the world, The Cartel is firmly entrenched in US Government structures forming what is called “the shadow government”, or “deep government”

  115. Cold N. Holefield November 28, 2014 at 8:19 am #

    infiused……….hah ha

    ===========

    hah ha……….ha ha

    Thanks for that faux pas — you made my Thanksgiving, even though I noticed it a day late and a dollar short.

    “These days, footballs are typically made from cowhide or vulcanized rubber, making their nickname “pigskins” somewhat ironic. Football fans often perpetuate the idea that footballs used to be made of pigskin, which is how they got their nickname, but it turns out this isn’t the case.”

    What’s even more ironic is that the NFL itself refers to them as pigskins, so chastise them about it. I’m not a football fan and couldn’t care less. What I find even more ironic is a football fan arguing against the use of the word pigskin especially when the NFL has embraced it as official terminology.

    The 12 Days of Pigskin

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    • nsa November 28, 2014 at 10:12 am #

      Yo be watchin’ dah homo Jungle Ball Sportz….all dem duskie muscle canaries be grabbin each udder’s partz……

  116. progress4what November 28, 2014 at 11:10 am #

    On Thanksgiving –

    I’ll tell you, folks – I was raised by children of the great depression in the American South. And, at least in rural Georgia where I was, that depression had flowed straight out of the aftermath of the Civil War without very much prosperity or abundance being evident in between.

    And, in those days, Thanksgiving was celebrated as a genuine feast. Which is to say that the table was piled with an abundance that was ONLY seen on feast days. And there was never any snacking ahead of time, or (Heaven Forbid!) any hor d’oeuvres ahead of the main meal. And no alcohol – ARE YOU KIDDING ME!

    A long and reverent prayer, and then the line at the table was headed by the oldest folks, all of whom really knew something about hard times and hunger. By the time we famished-feeling young folks got to the table there was still plenty of food left, though the choice might be a little more limited. And this was as it should be.

    Thanksgiving Day has no particular relevance in the US, anymore, because prosperity and abundance is so overwhelming to society. And our cultural memes are lead by those (left, right, and center) who have no conception of anything other than frenetic consumerism and 24/7 overabundance. The believe these good times will never end, they believe in no God. They never really give Thanks, because they magically know they will never experience want.

    Logic dictates otherwise.
    I try to keep my family slightly aware and prepared for possibilities.
    That’s all a man can do.

    That, and stay home on Black Thursday/Friday. hah!
    http://www.ijreview.com/2014/11/208926-black-friday-looked-1983-vs-today-shocking-visual-modern-civility-changed/

    I’m gonna’ go repair an old fence, and then work on next years firewood supply. Good day for it.

    • BackRowHeckler November 28, 2014 at 1:06 pm #

      I love your posts, P2C.

      Straight from the heart of Dixie.

      Marlin

  117. Q. Shtik November 28, 2014 at 11:23 am #

    What I find even more ironic is a football fan arguing against the use of the word pigskin – Cold

    ============

    Who’s arguing, I’m simply quoting from something on the internet.

  118. Q. Shtik November 28, 2014 at 11:37 am #

    “Solar stocks are getting hit hard (TAN -5.1%) after OPEC opted against cutting oil production, leading crude prices to plunge below $70/barrel and sparking huge selloffs in energy/commodity stocks. Fuel cell stocks aren’t faring much better.”

  119. Q. Shtik November 28, 2014 at 12:22 pm #

    Here, Cold, a deal you can’t refuse.

    http://www.panoramas.com/rutgers-scarlet-knights-panoramic-picture-high-point-solutions-stadium-rutu1.html?utm_source=rutgersathletics&utm_medium=email&utm_campaign=cyber2014&hq_e=el&hq_m=793324&hq_l=6&hq_v=1f7c6b9365#a_aid=54185aaa2dfdc

    I’m sure you will want to purchase several, one for the wall of your man cave and one each for your brothers and sisters.

    This stadium is 1.8 miles down the road from my pyramid.

  120. Cold N. Holefield November 28, 2014 at 1:02 pm #

    Here, Cold, a deal you can’t refuse.

    Mrs. Jones would love it, and so too would her husband, my brother. Maybe I’ll get them this and a portrait of Lush Blimpblow since they’re huge fans of his. Thanks for the suggestion. I never know what to get any of them, so I usually, or always rather, get them nothing.

    How do you sleep on game night when this spectacle is only 1.8 miles from your bedroom? I’d have to employ the white noise machine on game nights to tune it out.

    Finally, what the hell is a Scarlet Knight? Is it similar to a Scarlet Pimpernel? It’s not a particularly intimidating or fearsome name, so whut’s up wit dat?

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    • Cold N. Holefield November 28, 2014 at 1:24 pm #

      And no, the “white noise machine” is not Janos, although that’s a good guess.

  121. BackRowHeckler November 28, 2014 at 1:03 pm #

    Thinking of the uprising in Ferguson, wasn’t Obama’s grandfather prominent in the bloody Mau Mau uprising in the early 60s? And not on the side of the Belgians, either.

    Marlin

    • malthuss November 28, 2014 at 3:08 pm #

      Compare pictures of Obama w the commie who lived in Chicago.
      Very close resemblance. Obama even has a mole on the same
      place on his face.

      Do that and post here by Sunday.

      guys name is Frank Marshall Davis.

      • BackRowHeckler November 29, 2014 at 8:04 am #

        M. a few years back I read Paul Kengor’s book about Frank Marshall Davis. Who knows who Obamas real father is, or really who Obama is? His mother seemed willing to bed down with anybody with a third world, anti white, anti western, anti American pedigree.

        In the past anybody running for president gets a rectal exam by the media, ‘specially if they’re Republican. This guy wasn’t vetted at all. It seems the American media was more interested in covering up his history rather than in looking into it. A lot more will come out in the future about who he really is and what organizations are behind him in the future. We’ll just have to wait.

        brh

  122. Cold N. Holefield November 28, 2014 at 1:08 pm #

    Q., did you watch the Seahocks last night? I’m betting you did. How many times did you hear the announcer say “Seahocks,” or did the announcers last night get it right?

    I listen to Herman Cain on occasion, and when I do I can’t help thinking of you when he continually mispronounces various words. You’d have a field day with him — so much material to deride, you’d be like a kid in a toy store.

  123. Cold N. Holefield November 28, 2014 at 1:36 pm #

    And no alcohol – ARE YOU KIDDING ME!

    No alcohol? What? What kind of festivity has no alcohol? Not one I’d want to attend or engage in, that’s for sure. My immigrant ancestors turned weddings into week-long drunk-fest parties — wrestling matches included. There was one story of an uncle who died because he engaged in a drunken wrestling match at one of these infamous week-long wedding parties and he forgot to put on his hernia belt and his hernia popped and he died of sepsis.

    Those were the days when men were men and women were men too but not necessarily Lesbians. We’ll have those days again — or maybe not. I’m not sure, but I do know laser hair removal will be sorely missed. The return of the mustachioed woman — won’t it be great?

    • malthuss November 28, 2014 at 3:11 pm #

      I have read of Gypsy women who would give birth in the fields, standing up.
      They would set the newborn under a tree and continue working till dark then take the baby home with them.

  124. Q. Shtik November 28, 2014 at 3:24 pm #

    you’d be like a kid in a [toy store.] – Cold

    ==============

    Where I live that expression ends with [candy shop].

  125. Q. Shtik November 28, 2014 at 4:11 pm #

    I Googled “what is the current inflation rate. The ‘puter said:

    “1.7% The latest annual inflation rate for the United States is 1.7% through the 12 months ended October 2014, as published by the US government on November 20, 2014.”

    I opened a piece of mail from Horizon BCBS which announced my new monthly premium for Medigap insurance effective 1/1/15. It is an increase of 6.8%. Whut’s up wit dat? Answer: the “*Affordable* Care Act.”

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  126. Cold N. Holefield November 28, 2014 at 4:48 pm #

    Where I live that expression ends with [candy shop].

    No doubt considering you live in the past. Candy shops have gone the way of the dodo bird. Then again, so too have most toy stores. Maybe a “fly on shit” would have been the more appropriate and timeless expression to use, or where you live is it a fly on blood sausage?

    • stelmosfire November 28, 2014 at 7:52 pm #

      CNH, Candy shops still survive. i am not sure where you are at but down the street from me is a small local market. They have a full selection of penny candy ( 2 cents apiece now) no more then two school aged kids in the store at a time. No backpacks. So the sign says. All schools ( elementary and 7;8 grade within a 200 yard radius) keep a close eye on the kids. So do the neighbors and myself.The DODO still survies in my hood!!!!!!

      • Cold N. Holefield November 28, 2014 at 8:32 pm #

        Glad to hear it, or maybe not. But you’re the exception. For the most part, candy shops are a thing of the past — a relic as are toy stores. Look at the demise of Toys R Us. I-Everything replaced all that. It’s the new Crack.

        Dentists weep, or become creative in offering new services you don’t need and toymakers become computer programmers. Game Over.

  127. Cold N. Holefield November 28, 2014 at 4:52 pm #

    I have read of Gypsy women who would give birth in the fields, standing up.

    They would set the newborn under a tree and continue working till dark then take the baby home with them.

    It’s that boundless determination that inspired this famous commercial from 1980.

    Enjoli

  128. observationpost1 November 28, 2014 at 7:25 pm #

    Let’s look objectively at what is happening today. The price of oil dropped dramatically, around 10%. Say what you will, the oil industry is nothing if not inventive. I am a long time follower of James’ work, beginning with the Long Emergency. I am also a long time reader of Daniel Yergin, starting with The Prize. Now, with benefit of a few years perspective, Yergin’s explantion for oil price volitility in the oughts, which you can find capsulized in a few pages of The Quest, makes more sense and fits better with what actually happened that the Kunstler story. I find it curious that Yergin is treated by Mr. Kunstler with a wildly out of proportion zealous hatred. I like James, I think he is a fantastic writer, but I would suggest that speaking fees and pandering to an audience that wants only one message have prevented him from adjusting his pitch to match reality. Peak Kunstler occurred in June 2008.

  129. pkrugman November 28, 2014 at 10:03 pm #

    P4W, I just watched a police video showing a police car arriving and murdering a 12 year old boy within 2 seconds of arriving. The boy had a BB gun, as many boys do, as maybe you did in your childhood?

    I know you believe in open carry and that probably applies to non-lethal BB guns. Unfortunately, this 12 year old, although alone at a picnic table and non-threatening, did have Black skin.

    You say police are only acting based on their training. The police say they gave three verbal commands to drop the BB gun before shooting down the 12 year old boy. Is it possible they were lying? Is it possible to issue three verbal commands in two seconds?

    The boy was not threatening anyone. Shouldn’t the police be charged with murder? (Not manslaughter)

    • Q. Shtik November 28, 2014 at 10:58 pm #

      Shouldn’t the police be charged with murder? (Not manslaughter)

      ==================

      Only if the police were black 😉

      • Buck Stud November 28, 2014 at 11:40 pm #

        I guess I’m no longer surprised at any of the racially tinted posts that have infected CFN, but wow, making a wink and smile joke over the shooting death of a 12 yr old boy?

        Perhaps your quip should be chalked up to the insularity of cyber communication because I would like to think if you had witnessed such a horrific event in actuality you would not be cracking jokes about it.

        Wow…

        • Q. Shtik November 28, 2014 at 11:55 pm #

          Yes, chalk it up to the insularity of cyber communication; I would not be so brazen otherwise. But let’s face it, Krug just tried and convicted the police of MURDER whom we are supposed to presume were white…he never really said.

  130. pkrugman November 28, 2014 at 10:58 pm #

    Ferguson protests continued today. National movement to boycott stores.

    http://blackoutfriday.org/faqs/

    Protests to continue throughout the United States during holiday shopping season. Goal: police reform. Mandatory police cameras to protect officers who protect and serve from false charges and expose those using their badge as a license to murder innocent Black children.

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  131. progress4what November 28, 2014 at 11:18 pm #

    A Thanksgiving Story –

    One of my kids bought a house this year. He volunteered for Thanksgiving hosting. (Thank Goodness, as this got me off the hook for another year. haha) Magnificent new refrigerator, slow working icemaker – long story short, another son and I head out to buy two bags of ice. Simple task, right?

    It’s cold, cloudy, and quiet on the streets, at 10:15 a.m. We turn onto old US 19, not far above the perimeter. We find a little convenience store. As I head in to pay, I’m vaguely aware that my son has been approached outside by a young white female, kinda’ cute, and pretty young. Inside the store, I’m in line behind a nondescript 20-something black male, not that cute. Now I’ve got one eye on my kid outside with the girl and one on the guy in front of me in line.

    I check my wallet. Two ones and a couple of hundreds are all I’ve got. I put my third eye on the west Asian clerk behind the glass. Thank goodness for plastic, I say to myself, as I pull out Discover and shove the rest of my wallet back in my pocket. $4.38 for two bags of ice, “It’s unlocked,” the clerk says, completely unsmiling.

    I meet my kid at the ice machine and we each grab a bag. “What was with the girl,” I ask.

    “She asked to use my cell phone….Said her sleep-over hadn’t gone very well….pretty sure she was with those two black dudes.” (My son talks in sentence fragments, like I tend to do.)

    Now I notice another nondescript black guy, slouching behind the wheel of a nondescript car. I get in the car with our ice and my kid.

    “She was real young, Dad, maybe 15.”

    “Dang. That’s strange. Let’s just sit here in the car a minute, Son.”

    The girl has moved, maybe, 100 yards away at this point, walking south toward Atlanta on US 19. The two black guys are back in their own car, looking uncomfortable about something, cutting glances first at my kid and me, and next at the receding figure of the girl, who is closing in on a MARTA bus stop.

    We sit there wondering what the heck just happened.
    A bus stops. The girl gets on. End of story.
    I’m still wondering what we might have interrupted.

    Of course, this being CFN, pkrugs and seayoung know those two guys were taking that girl to Thanksgiving Day choir practice at their church, right?

    • Q. Shtik November 28, 2014 at 11:47 pm #

      Now I notice another nondescript black guy, slouching behind the wheel of a nondescript car. I get in the car with our ice and my kid. – Prog

      ================

      WOW, you got some real cajones…you and your kid climb right in the nondescript car with the second nondescript black guy?? Man, I hope you were “packin” 😉

      • progress4what November 29, 2014 at 12:17 am #

        Yeah. I HAD to get into their car to prove to Buck and the Rugsoaker that I wasn’t really racist. haha.

        You ought to be an editor. But you’d probably have to carry a weapon as you’d probably tend to piss people off a lot.

        I wasn’t carrying. Who the hell carries a weapon to a family Thanksgiving dinner @ 10 in the morning?

        And my kid normally has a handgun in his car because of where he works, but we weren’t in his car. We discussed all this driving back with the ice, and had a good laugh about it.

        And Buck – there’s no doubt that my kid and I interrupted something a little strange. The age of the female is the only thing that I intended to have a creepy implication. (And anyone who will flash a 100 dollar bill on Roswell Road in that neighborhood is a red, yellow, black, or white maroon.)

        So, Buck, since YOU are the one reading something racist into “very strong inferences in your account” I think you need to look in the mirror.

    • Janos Skorenzy November 29, 2014 at 3:15 am #

      She probably had sex with one or both and they wanted to pass her around some more, or get her working on the streets. Any hope for a real life ended for her the previous night. You were feeling the echo of that unspeakable tragedy.

  132. pkrugman November 28, 2014 at 11:22 pm #

    Tamir Rice, 12 years old, gunned down by arriving police in two seconds. Watch the video. Do you see them requesting the boy put his hands in the air, and then repeat the request twice more, for a total of three requests in two seconds?

    https://m.youtube.com/watch?v=SeoZkgjCHJ4

    The boy was guilty of being Black and alone in a park, but immediate extrajudicial execution is a criminal act by police.

    What would you do if your child was murdered by police for being in a public park? Children play with toy guns, squirt guns, bb guns, etc. They should not be murdered by police for having them.

    • Janos Skorenzy November 29, 2014 at 3:12 am #

      The toy gun looked real. Maybe they shouldn’t make them like that? Of course that would be a violation of Capitalist Civil Liberties. In any case, you’d think a Black kid would know better than to flash that with cops around.

  133. progress4what November 28, 2014 at 11:30 pm #

    Naturally, our resident racist, pkrugsoaker/galt, will reliable inject race, even into the tragic death of a 12 year old boy.

    ” Unfortunately, this 12 year old, although alone at a picnic table and non-threatening, did have Black skin,” says the soaker.

    Carry that line of logic through to it’s logical conclusion, and see where it carries American society.

    Soak on that for a while.

    • Buck Stud November 28, 2014 at 11:48 pm #

      Didn’t you just ‘interject race’ some posts up with your ’15yr old white girl blacks sitting in a car story’?

      How is that any less racist that PK’s post as they were very strong inferences in your account,i.e. what would have happened to the girl if you hadn’t hung around?

      At any rate, people –readers that is– will make up their own minds based upon the gist of a post as opposed to denials or accusations of racism. And quite frankly, it doesn’t take a lot of reading between the lines to see where more than a few posters on this site are coming from.

      • progress4what November 28, 2014 at 11:56 pm #

        Mine was a totally factual account, buck. I can go back and do it without mentioning race. Or, I can do it with all the races reversed (15 year old store clerk, two white guys in the car, my son and me as practicing Amish in a two-mule cart) but it won’t be a factual story anymore.

        Rugs said (or strongly implied, depending on nuance) that that 12 year old was killed BECAUSE he was black.

        That’s not factual. It’s his own hideous and racist interpretation.

        If you can’t see the difference, I can’t help you, Buck.

        • Janos Skorenzy November 29, 2014 at 3:21 am #

          On Crime shows, they often reverse the races. So to please Buck, you should have made the two Blacks into two White Rednecks who had kidnapped a Black girl. Pretty unbelievable but theoretically possible I guess. But if you’re going to kidnap a girl, why wouldn’t you want a purty White one? That’s what Blacks would choose too.

        • Buck Stud November 29, 2014 at 9:55 am #

          Speaking of “seeing” have you even looked at the video of the police killing of the young boy? (google Tamir Rice video)

          I did and what I saw was a police cruiser pull directly in front of the young kid and basically shoot him dead in a couple of seconds. There was no effort whatsoever to diffuse the situation: why didn’t they approach from a greater distance and give the young boy more room to process the brevity of the situation?

          But by approaching so closely, so fast, they basically wrote a deadly confrontation into stone. The young boy was probably startled, confused and scared and he probably reacted accordingly and in a way that basically insured his execution as a result.

          Of course the apologists will assert that the police were simply ‘doing as they were trained’. Almost as if police officers no longer have any critical volition of their own but are the human equivalent of a German Shepard and without moment-to-moment human decision making capability.

          So I believe that PK’s point was that if this had occurred in an upscale white suburban neighborhood far more care and critical thinking would have been on display by the police instead of the visually obvious and hyper-aggressive/confrontational approach of the police in the video.

          On the other hand, ” thug culture ” and its glorification of violence, drugs and guns certainly does affect police officers who patrol these types of neighborhoods. For instance, how uncommon is it for young teens to be wielding/ brandishing weapons in urban, gang infested neighborhoods and thus creating an inevitable hyper-vigilant reaction from police?

          Put another way, there are too many variables to consider than to simply label it ‘racist” police work as PK infers. But at the very least, one could label the police work in the video as nothing short than terrible.

          But as far as your posts/assertions you seem to revert to reactionary thinking when it comes to PK thus your consistently contrary responses. To my eyes, your personal conflict with PK has basically rendered you an intellectual cripple on some issues in that you are unable to ‘walk-around’ to the other side of an issue and consider it–especially if espoused by PK. Instead you dig in and clench your jaw so to speak. Otherwise, and with most other posters, you seem to be quite quite open minded and inquisitive at times.

      • Janos Skorenzy November 29, 2014 at 3:17 am #

        You have no streets smarts at all. Everyone knows Blacks are different – Blacks more than anyone. You have totally bought into an artificial TV world.

        • Buck Stud November 29, 2014 at 10:16 am #

          Actually, I know far more that you would surmise. And I’m not so naive to think that there are not a small number of black people who simply do not like or trust me because I’m white–I get that. Moreover, I do not go out of my way in day-to-day life to try and dissuade anybody of any notions; fuck em if they don’t like me.

          And I make no bones that I think thug culture is shit culture. Although it may have started out as ‘art imitating life’ it has degenerated (imagine that, something as lowly as thug culture actually having the capability to descend) into a formulaic and predictable cliche of ‘life imitating art’. To the point, hilariously enough, that young suburban whites imitate and venerate the look and the ethos. IOW, it’s a faux angst co-opted by commercial interests.

          I paint outside in some dicey urban neighborhoods at times because old dilapidated building are exceedingly interesting from a visual perspective. I run into all types of people. Young Latino’s vocalizing their hate of me because I’m white and Latino people coming up to me and complimenting the painting . Nothing surprises me and from just the right distance it’s all pretty fucking petty.

          Maybe one day you’ll back up your outlook to get a better view on things.

  134. Q. Shtik November 29, 2014 at 12:27 am #

    If the crash in the price of oil, not to mention gold, silver and other commodities, isn’t the topic of Jim’s next blog post on Monday I’ll be a monkey’s uncle.

    • progress4what November 29, 2014 at 12:45 am #

      Darwin’s brother was a monkey’s uncle.

      Some internet sources are saying that oil is being manipulated lower to screw over the Russians, and maybe ISIS/ISIL/IS. That seems conspiratorial, or at least really complicated.

      It’s gonna’ screw over those frackers in the mid-west, for sure.

      • Q. Shtik November 29, 2014 at 12:57 am #

        It’s gonna’ screw over those frackers in the mid-west, for sure.

        ==============

        mother-frackers

  135. pkrugman November 29, 2014 at 12:41 am #

    Rugs said (or strongly implied, depending on nuance) that that 12 year old was killed BECAUSE he was black.

    And then Rugs asked a question about police training and how you would feel if your son was approached by a police car and the killed in two seconds time. These things happen to Black boys, not white boys.

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    • progress4what November 29, 2014 at 12:56 am #

      “These things happen to Black boys, not white boys.”

      IOW, “No white boy has ever been killed by police.”

      You really can’t help your racist self, can you rugs?

  136. pkrugman November 29, 2014 at 12:45 am #

    A Ferguson woman lost her left eye when police officers in Ferguson shot a bean bag round at the car she was in.

    Dornella Conners is now blind in one eye and can barely see with the other, she told KMOV.

    She was sitting in the passenger seat while being Black.

    • Q. Shtik November 29, 2014 at 12:52 am #

      Get to the point Krug, were the cops white? The loss of a black woman’s eye doesn’t even count unless the cops were white.

    • BackRowHeckler November 29, 2014 at 7:24 am #

      Tough shit.

  137. Q. Shtik November 29, 2014 at 12:48 am #

    WOW, you got some real cajones…you and your kid climb right in the nondescript car with the second nondescript black guy?? – Q.

    ===============

    The MOST offensive thing about this whole episode described by Prog is not that he obviously “profiled” – hell, everybody but crazy, stupid or severely autistic people profiles…it’s as natural as breathing – it’s that BOTH of the black guys AND their car is described as **nondescript**…there is nothing worse in this world for a black male than to be nondescript and driving a shit-ass nondescript “ride.”

    • progress4what November 29, 2014 at 1:00 am #

      Yeah. I left out that they had some really nice rims!
      My bad.

      I’m clocking out. Got that, nsa?

    • Janos Skorenzy November 29, 2014 at 3:24 am #

      So you admit that Blacks, like Gypsies, are a criminal race?

  138. FincaInTheMountains November 29, 2014 at 3:38 am #

    “Pussy Riot meets the Cossacks. They lose. Bet that really bugs a great “Russian” like you” Janos Skorenzy

    Americans call to cancel the visa for “Pussy Riot” members Tolokonnikova, Alekhine and Verzilova and prevent them from entering the US.

    The Reason? Interference in the internal affairs of the United States. While in New York, the trio decided to take part in actions against police in Ferguson. And report on this in social networks.

    From petition of White House Web Site:

    “We believe that the participation of foreign citizens in such actions is unacceptable. We Americans will solve our problems by ourselves, without the help of foreigners with an infamous reputation. We demand US authorities to revoke visas for Tolokonnikova, Alekhina and Verzilova, and prevent them from entering the United States”

    https://petitions.whitehouse.gov/petition/revoke-visas-tolokonnikova-alekhina-and-verzilov-and-prevent-them-entering-united-states-america/lzf4F5vW

    Janos, your are welcome to sign the petition.

    • Janos Skorenzy November 29, 2014 at 3:57 am #

      Yeah one of them likes to masturbate with frozen chickens. What is she does that and then puts it back? Then we’re all in danger. The same one (I think) is in the habit of grabbing police women and kissing them passionately. That’s when I knew Russia was a more free country than America. If an American did that they’d be arrested for assault – which it kind of is. I mean who know where her mouth has been?

      How did it make you feel to see real Russians punishing fake Russians? Defending their culture against Illuminati whores?

  139. Janos Skorenzy November 29, 2014 at 3:40 am #

    Last words of the Gentle Giant: You’re too big a fucking pussy to shoot me. Sorry Gentle Giant, but yous were wrong. But fear not: Buck and Krugs will make a pilgrimage to your grave. They will read Shakespearean verses to you such as “Good night sweet prince”. And “O my beloved Moor”.

    • Buck Stud November 29, 2014 at 10:40 am #

      When I was a boy in school I befriended a young black schoolmate and he spent the night a few times. This didn’t sit well with my uncle and one time at a family gathering people he handed me a piece of black licorice and stated, ” here, this is your favorite color”.

      In the aftermath of the MLK assassination he also stated ‘he got exactly what he deserved’.

      Years later, my uncle David became a cop and he also tried modifying his ugly racism with statements such as ” I really love Motown” as if love of particular musical genre excused his obvious hate of an entire ethnic group. But he probably learned it from his father who thought he was excusing his own racism with statements such as the following: ” Joe Louis, now there was a colored guy who was a credit to his race”.

      Eventually David got run out of the police business. Up and coming female police officers ran out of patience with his good-old boy anti-feminist comments and basically sent him packing.

      You remind me of David in a lot of ways. In a changing world David got left behind; he just couldn’t adapt. A loser in the world of evolution, in other words. Thanks to the kindness of my aunt he is now living rent free in his sisters house. She even provides him with an internet connection, or so I heard. And who knows, maybe he posts on CFN.

      • malthuss November 29, 2014 at 12:40 pm #

        ‘In a changing world ‘. I agree the world is changing but for the worse.
        I have been described as a pessimist. Many would describe Kunstler as a pessimist.
        I consider Jim to be a realist. he sees the world as it is not as he wishes it to be.
        Where I live I see 747s spraying chemicals over us.
        What are they spraying?
        I did not see this 20 years ago. The spray is not contrails.

        The change you may see as spontaneous is not. Nor is it some social evolution. It is by design.

        • Janos Skorenzy November 29, 2014 at 2:46 pm #

          They are slowly sterilizing us apparently. But in the meantime, they are turning all White countries over to Non Whites. Would Hitler had turned Europe over to Islam? And thus the question becomes, Did the good guys win?

      • cornpone2014 November 29, 2014 at 1:55 pm #

        still trying to peddle that black licorice, eh?

        • Janos Skorenzy November 29, 2014 at 3:00 pm #

          He doesn’t believe in God, but he believes in (and worships) Blacks.

      • Janos Skorenzy November 29, 2014 at 2:20 pm #

        And you’re happy that your Uncle was ruined by Feminist Cops – who probably can’t pull their weight and are in fact, affirmative action hires. Your World View is pure Liberalism – a World View that has already proven its failure to maintain Civilization as it turning our Civilization over to aliens – both in the ethnic and ideological sense.

        And that your Aunt supports him now somehow makes Feminist Tyranny alright? If it was up to you he’d be out on the street.

    • malthuss November 29, 2014 at 12:36 pm #

      Did the ‘Gentle giant’ have a long rap sheet? I do not trust Snopes.
      http://www.snopes.com/politics/crime/brown.asp

  140. FincaInTheMountains November 29, 2014 at 4:11 am #

    Given that the United States arranged a drop of oil prices to this levels indicates an extremely high level of seriousness regarding the burning desire to undermine Russia. There is no doubt that the collapse of oil prices is a political maneuver without a fundamental justification.

    The United States have invested huge amounts of money in shale projects that have profitability at prices higher than 85-90 bucks. Now below 70, not only inhibits the development of, but may lead to the present energy crisis in the US, where the shale companies will go bankrupt en masse. Shale projects – this is not the momentary whim, but so-called new energy doctrine or long-term strategy for the sector.

    But now the stakes are so high, that the US have not only involved 33 countries in conflict (EU + Canada + Australia + Japan + Switzerland and Norway), but also undermined the stability of their own economy, causing critical damage to the energy sector. In addition, the US threaten its allies in the Middle East, where the situation is much worse than in Russia. Dependence on oil revenue (95-99% compared with 50% in Russia), the degree of diversification of the economy close to zero (except oil industry there is nothing there, in contrast to Russia, where at least some production). They also have a high proportion of radicalized young people in population, whereas in Russia no such problems. The risk of failure of the Middle East from the fall in oil prices significantly higher than one of Russia.

    It is clear that the game is all in all. The level of threat from the United States is at its peak. This is a war of annihilation

    http://spydell.livejournal.com/562707.html

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  141. BackRowHeckler November 29, 2014 at 7:38 am #

    3.5 million people lined streets in Manhattan on Thanksgiving day enjoying the Macy Parade. About 150 cranks, anti world thugs, elite politicized college students with their heads up their asses, communists, Islamists, vegans, gay activists, code pink and democracy now types flying the Palestinian battle flag (you get the picture) were on the streets to disrupt that parade in the name of Michael brown, ha!

    Guess in which direction the networks pointed their cameras?

    Mayor DiBlassio, as is his wont, gave the Mob Free Reign earlier in the week, restraining the NYPD, allowing the mob for example to shut down Holland Tunnel. Permitting the mob to spoil the parade was too much even for a leveler like DiBlassio.

    –brh

  142. FincaInTheMountains November 29, 2014 at 8:55 am #

    After Napoleonic Wars in Europe, the House of Rothschild became the biggest gold holder in Europe. Gold in general, is “useless” commodity, since it is unable to “grow”, e.g. to pay interest. To start earning the “interest”, gold must be turned into a “Capital”. The best way of doing that was introducing the “Gold Standard” in Europe, so the governments were forced to borrow gold to underwrite their national currencies.

    Initially the Direct Gold Standard – the gold Deutsche mark – was introduced in Germany in 1873, after Rothschild financed successful Prussian-Franco war in 1870.

    Introducing German Gold Standard was one of political precondition of arranging the war financing.

    Biggest proponent of Direct Gold Standard in England was David Ricardo. Ricardo was not as much a scientist, as speculator, known for his joint projects with Nathan Rothschild.

    The other big proponent of Direct Gold Standard was Karl Marx:

    “Gold becomes the measure of value because the exchange-value of all commodities is measured in gold, is expressed in the relation of a definite quantity of gold and a definite quantity of commodity containing equal amounts of labor-time. ”

    Karl Marx: Critique of Political Economy

    • Janos Skorenzy November 29, 2014 at 2:36 pm #

      Yes Rothschild set up a system of beacons and messengers across the face of Europe to report back to England the result of the Battle of Waterloo faster than the official sources. So when Napoleon lost, he reported that he had won – enabling him to buy up much of England.

      The Evil of this family knows no bounds. Capitalism has to put up with them and even welcomes them. A real Civilization would not tolerate such people.

  143. Greg Knepp November 29, 2014 at 9:12 am #

    My choice for quote of the week would be this one:

    “In politics and economics we live in a fantasy world. The Feds claim to improve our economy. We pretend to believe it.”

    Bill Bonner… ‘Daily Reckoning’

    • BackRowHeckler November 29, 2014 at 9:31 am #

      And how about this ‘Black Friday’ business?

      What a disgrace!

      Marlin

      • FincaInTheMountains November 29, 2014 at 9:51 am #

        Black Friday 1983 VS. Now
        http://www.youtube.com/watch?v=623Oga9NPvE

      • malthuss November 29, 2014 at 12:44 pm #

        How many Blacks does it take to make a Black Friday? Or are Whites just as bad?

        • Janos Skorenzy November 29, 2014 at 2:27 pm #

          Go back and read that White Genocide blog you linked to. It’s great. Blacks are worse.

  144. FincaInTheMountains November 29, 2014 at 9:45 am #

    Why Franklin Delano Roosevelt confiscated gold in 1933/1934

    It is well known that Roosevelt confiscated private gold in 1933 and a year later, in 1934 he confiscated the bank gold. Since 1934 the gold is not on the balance of American Banks, but on the balance (at least on the paper) of US Treasury.

    In 1933/34 about 17,000 metric tons of gold were moved into the Fort Knox – the largest government depository of the world.

    The most plausible explanation is that Roosevelt envisioned the Bretton Woods conference and was planning for it 10 years in advance. Bretton Woods conference established US Dollar as primary world currency and dollar was according to Gold Bullion Standard exchangeable for gold at the fixed price. Obviously to facilitate adoption of such preferential status for US Dollar required provable large gold reserves belonging to US Treasury.

    The Bretton Woods system proved to be extremely beneficial to the US Economy mostly because starting at 50s US Treasury lied about actual amount of gold they held in Fort Knox reserves. The scandal went open in early 70s, when some countries, most notable France under government of Charles de Gaulle submitted large amounts of 100 dollar bills for gold payment (couple of shiploads).

    That forced the government of Richard Nixon to close the Gold Window in 1972, effectively defaulting on Bretton Woods agreements.

    Not a lot of people know that today we live under Jamaica Monetary Standard because new conference was held in Jamaica in 1974 and set in place floating currency – extremely beneficial for large speculators (Soros-like) with government inside information and extremely damaging to the prosperity of the World Economy in general.

  145. Cold N. Holefield November 29, 2014 at 10:09 am #

    Some internet sources are saying that oil is being manipulated lower to screw over the Russians, and maybe ISIS/ISIL/IS. That seems conspiratorial, or at least really complicated.

    So give us your equally complicated and contradictory explanation then. But don’t spout Lush Blimpblow’s nonsense that it’s the Saudis, because that’s complete bullshit if you do just a little bit of research on your own.

    You’re right p4w, it’s all market driven as everything is. Everything’s the result of market driven forces and it’s merely coincidence that despite what may happen to the Little People, the Big People always come out on top and ahead. They thank you for your cooperation in that effort. Your belief that markets, in their current form, are free equals your belief that there is a God and that said God is just.

    Hey p4w, champion of the Little People that you are, try to help us understand why the price of gas isn’t lower than it is right now considering how low oil is going. Gas should be much lower right now, and while you’re at it, explain to us why prices of everything aren’t reverting back to their levels prior to The Great Gouge. I know the answer but I’d like to see if you know it.

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  146. Cold N. Holefield November 29, 2014 at 10:25 am #

    Permitting the mob to spoil the parade was too much even for a leveler like DiBlassio.

    It’s because Macy’s, and other Too Big To Fail institutions like it, are Communists as well, so the Macy’s Parade is a perfectly appropriate venue for the screwy protestors. Have you ever seen the Macy’s emblem? It’s in your face — hiding in plain sight. It gives a whole new meaning to the phrase “shop ’til you drop.” And boy howdy, it’s a long fall.

    Macy’s

    • BackRowHeckler November 29, 2014 at 11:56 am #

      Macy’s been around for a long time, CNH, and has been sponsoring that parade for a long time, too. Too me its just innocent holiday fun. For others it might represent something else.

      At one time every American city of any size had a department store like Macy, right on Main Street, in the center of the city. In Hartford it was G Fox, opened in 1844 and lasting into the 1990s. Bob Dylan’s mother’s family owned a downtown department store in Hibbing, Minn. when Bob was growing up. (his dad was an oil company executive)

      In the 1950s these stores began moving into suburban strip malls, something JHK wrote about. That was pretty much the end of downtown dept stores, and the end of downtown as we knew it, too.

      Marlin

      • BackRowHeckler November 29, 2014 at 11:59 am #

        Downtown. Main Street.

        Before it became the ‘Inner City’.

      • Q. Shtik November 29, 2014 at 3:14 pm #

        [Too] me its just innocent holiday fun. – BRH

        ===========

        [To]

  147. Cold N. Holefield November 29, 2014 at 10:51 am #

    Put another way, there are too many variables to consider than to simply label it ‘racist” police work as PK infers. But at the very least, one could label the police work in the video as nothing short than terrible.

    Buck, you are making some excellent points. This could have been handled much more effectively. They could have approached from a distance and used their PA system to instruct Tamir to put the gun down and raise his hands in the air. Also, let’s not forget the 911 dispatcher failed to relate to the officers what the caller said — that the gun was most likely a fake or toy gun. This was a crucial piece of information that could have resulted in a completely different approach by the responding police officers.

    • nsa November 29, 2014 at 11:04 am #

      Nits become lice……

    • Buck Stud November 29, 2014 at 8:09 pm #

      Yep Cold, excellent observation as well concerning the 911 snafu…I also read that one of the cops was a rookie who just started in March. What a tragedy,

  148. progress4what November 29, 2014 at 11:23 am #

    “Put another way, there are too many variables to consider than to simply label it ‘racist” police work as PK infers. But at the very least, one could label the police work in the video as nothing short than terrible.

    But as far as your posts/assertions you seem to revert to reactionary thinking when it comes to PK thus your consistently contrary responses.” – buck –

    Interesting post back up there, buck. I would have missed it if Cold hadn’t put a quote of yours that I didn’t recognize @ the bottom of the thread. (Hi ozone!)

    And I totally agree, top to bottom. Problem is, there are 1,000;s of people just like the rugsoaker driving public debate. They will tell any lie, muddle any issue to drive their agenda forward. Here on CFN I can point them out. That’s a luxury that the real world doesn’t often afford.

    And krugs didn’t really want me to comment on police procedures in the killing of the 12-year old. (Those procedures frankly sucked, as you ably pointed out.) He, krugs, wanted to preen and simper about what a great human being he is (and advance his agenda) by calling “racist” on what looks like an example of horrible police procedure.

    I said this earlier this week about Ferguson, it now applies to this NEXT case that krugs is harping on to show us how real racial manipulators work:

    “Everybody loves to hate on cops until they need one – then they suddenly expect the cop to perform miracles.

    If police are out of control (and some are) then this needs to be addressed by concerned citizens such as yourself – because out of control policing threatens ALL of us. That’s ALL, repeat A.L.L, without regard to race, creed, or color.

    Turning this single case into racial theater is counterproductive and dangerous to all of us – perhaps most especially to young black males and those who live in majority-black neighborhoods.

    But that’s what is happening, isn’t it?”
    – p4w, on how to really fix the problem –

    And by the way, buck – stop blaming individual cops for following training. That doesn’t bring change, can’t bring change – and may be making things worse, as training gets more and more rigorous with less and less room for individual initiative.

    And stop fixating or race. That’s certainly making things worse, too.

    • Buck Stud November 29, 2014 at 8:08 pm #

      Good points Prog but there good cops and bad cops as you say and I’m sure the good cops don’t mind being distinguished from the incompetent ones.

      As far as race it seems inevitable that when a white cop patrols a black neighborhood and an ‘incident’ occurs race will naturally enter the picture. On another note, I wonder what all of the cops that still have to patrol and risk their lives in areas such as Ferguson privately think about the event that just transpired. Because there jobs have just become a whole lot harder in terms of more scrutiny and perhaps danger as well.

  149. beantownbill. November 29, 2014 at 11:56 am #

    Everyone has their opinions on why the oil price drop has occurred – and they really are just opinions because nobody at CFN really knows what happened. What we do know is that the American citizenry are now enjoying the cheaper gas prices, the fracking industry was dealt a serious blow and Russia’s economy will take a serious hit. Just like global warming effects can be counterintuitive (by causing an Ice age), lower oil prices can eventually result in much higher oil prices (by closing down shale oil fracking). I see this as very ironic.

    • BackRowHeckler November 29, 2014 at 12:02 pm #

      Bill, the oil not being fracked because of lower prices, its still in the ground. Cannot those wells be started back up as the need arises. Money in the bank so to speak?

      brh

      • beantownbill. November 29, 2014 at 3:40 pm #

        Marlin, oil is in those rocks, but who is going to get it out if they are losing money in doing so? There’s only one organization I can think of where that’s ok, and I wouldn’t want to have the government nationalize that industry. But you are correct, it is better to have the oil somewhere than not have it at all – unless we can develop practical, alternate energy sources.

  150. volodya November 29, 2014 at 12:56 pm #

    What does collapse look like? Each civilization has its own particular path to perdition but I think there are common elements as societies come un-done.

    I think a recurrent theme is the class of abusive assholes at the center for whom enough is never enough, who, if they can’t find someone to fight external to the borders, find someone inside.

    They all have a head full of bogeymen, they all see challengers, real or imagined. Which is what suppression is about. Fear is a pretty effective tool, isn’t it?

    What about our times? Suppression is nothing new. Informants, secret police, arrests, imprisonment, torture, assassination, execution are all time tested. They all work, for a while at least.

    But, wait just a minute, we have elections, democracy, a system of laws and rights, of everything warm and cosy and nice. Right? And look, we have black faces in the White House and in high office. And women contenders and, just to show our deep and abiding nobility, uncloseted gays. The ne plus ultra of progressivism, no? The pinnacle of societal perfection.

    Suppression takes other forms besides violence or threats. Like financial suppression: central bankers push and pull at monetary levers to print floods of money, to quash interest rates, to maintain stock prices, to buy government debt, push, pull, push, pull…

    And to what end? Not for you and me, that’s for sure, but rather to advance the interests of their friends in mansions and Manhattan townhouses. Central bankers earned well enough their place at the table of abusive assholes considering the multitudes they’ve ruined.

    Push, pull, push, pull, bubble, bust, bubble, bust. With each successive round, more and more wealth concentrates in fewer and fewer hands. Neat trick, no? Smart guys these bankers.

    But it’s not just pushing and pulling on monetary throttles. There’s other means of financial suppression. Heard about bail-ins? Coming soon to a bank near you. Heard about negative interest rates? These too. And the latest, some pointy-heads want to get rid of cash, you know, paper bills and coins, and go all electronic.

    They’re just dipping their toes for now, getting people used to the “new normal” as they inevitably call it. “Theft” is my term for it. Maybe I’m a rube but stealing people’s money is stealing people’s money. That horrible, tentacled Wall Street squid, backed by the might and majesty of duly constituted, and (don’t forget) elected governments, doesn’t just strangle the other guy.

    Yeah, you’ll have the usual suspects giving academic and ideological credibility both from the left and the right (might as well cover all the bases), touting policies for the enrichment of the rich and the impoverishment of the poor.

    They’ll sound convincing, they’ll show you graphs, they’ll quote you statistics, they’ll do it all strenuously with beads of perspiration just to show the urgency, in front of senators, on television, on Sunday morning talk shows, in newspaper columns and opinion pieces. Necessity will be their plea, we MUST act, we MUST act NOW.

    And they’ll wave around their diplomas. And their prizes. And the unspoken implication: do you have a Harvard PHD? Do you have a Nobel? Just what have you got on your wall?

    You know what they’ll say if you so much as put up your hand: what are you, what do you do, where do you work? Joe’s Plumbing and Electrical? What do YOU know? Why should anyone listen to you? Fair questions I suppose. But, the further implication: sit down and shut up and let your betters do the talking.

    Some say that the current occupant of the White House is a bit too bedazzled by credentials. Others say be reasonable, all those papers, all those honors, all those finely-crafted speeches, all that applause, all those credentialled guys must know what they’re doing. Don’t they?

    And you? What about you? How impressed are you?

    You see, there’s another implication, mostly unspoken, is that your own interests, little man, don’t count.

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    • beantownbill. November 29, 2014 at 3:22 pm #

      We CFNers always talk about collapse, but rarely do we define it. All I usually hear are many variations of “we are so fucked”. Another thing, is it really true that all civilizations collapse, or is it just evolution? Look at Egypt. Egypt is still around, and has been for at least 5500 years. Egypt was once one of the most advanced, powerful of civilizations, ruled by God-Kings, then conquered by various other powers, then ruled by Mubaric-type dictators. Yet there’s still an Egypt, still Egyptians, still an Egyptian culture and civilization.

      I think when people talk about an American collapse, what they’re really saying is that America no longer being the world’s #1 power, no longer having the same level of influence. But that doesn’t have to mean the end of America itself. Maybe we ought to define what we mean by collapse.

    • Buck Stud November 29, 2014 at 8:39 pm #

      Excellent post Volodya. About the negative interest rate thing. So if they abandon cash most forms of exchange will then be run through a negative interest rate pipeline of theft as you so succinctly put it? I don’t find that hard to envision and yes they’re probably slowly boiling the frog as we type. When it’s time for the main course they will have some multi-millionaire athlete such as Tom Brady or Peyton Manning serve us the convenience of it all.

      BTW your ‘push/pull’phraseology was very interesting. Hans Hofmann, the famous 20th century Ab Ex painter used that term to describe a process which ultimately obliterates 3 dimensional pictorial illusion in order to flatten the picture plane and make painting not about the narrative but about the visceral act of painting itself…visceral painting as muddy earth and not unlike the ‘little people’ being flattened into the dirt of society.

  151. Cold N. Holefield November 29, 2014 at 1:26 pm #

    Too me its just innocent holiday fun. For others it might represent something else.

    They say that “everyone loves a parade.” Not me. I’ve never liked a parade let alone loved one. Parades are ridiculous — especially so in this day and age when they no longer have any relevance — just as Thanksgiving no longer has any relevance.

    All the other historical gibberish you retorted about Macy’s, give me a break. Macy’s is most assuredly not what it once may have been. Just ask many of its disgruntled employees — they’ll tell you it is most assuredly Communism in disguise, so the star is perfectly appropriate.

    Considering the stigma of that star, brh, why would Macy’s keep it? Why does Macy’s feel it needs that star as an emblem? Macy’s is such a common name and so well known, an emblem is superfluous, yet Macy’s insists on keeping it despite its association with Communism. Try putting a star like that on your resume, brh, and let’s see how far that gets you in a job interview. It’s a double standard, and I’m calling Macy’s out on it. Get rid of the fucking Communist star, or else accept the Communist label considering its tyrannical and totalitarian management style.

    • beantownbill. November 29, 2014 at 3:32 pm #

      To me, Thanksgiving probably has the most relevance of any American holiday. We ought to give thanks every day. Gratefulness is a trait of a higher evolved mind. Every one of us has something to be grateful for, even if it’s only making it through another day.

  152. nsa November 29, 2014 at 2:27 pm #

    Beanie,
    Are you actually asserting that “global warming” will result in a counter intuitive “ice age”? You senile commies are hilarious….

    • beantownbill. November 29, 2014 at 4:06 pm #

      nsa, nsa, you really need to get out of your mother’s attic and live a real life. I wonder what life experiences make a guy become an insulting, obnoxious prick, like yourself.

      Global warming can melt ice into water. In the Arctic region, increased water melt gets into the ocean and lowers its salinity. Water from ice is also colder than regular ocean water and therefore sinks below the surface. The combination of low salinity and colder temperatures may well turn off the “conveyor belt” of warm water coming up from the south, thus making the climate of Northeast America and Western Europe a lot colder. Tree ring samples from drilling cores have shown that an ice age can begin in as little as 20 years.

      Of course, since you know everything, you knew this already.

  153. Cold N. Holefield November 29, 2014 at 3:03 pm #

    Too me its just innocent holiday fun. For others it might represent something else.

    Yes, innocent fun. Just ask the LGBT community and the cast of Kinky Boots. They sure love a parade — as a platform to advertise and celebrate their lifestyle choice.

    Homosexuality, Transvestism, Macy’s, McDonald’s, and Thanksgiving! — Watching America Decline On My Widescreen Television!

  154. Q. Shtik November 29, 2014 at 3:29 pm #

    That forced the government of Richard Nixon to close the Gold Window in [1972] – Finca

    =============

    August 15, 1971

    • FincaInTheMountains November 29, 2014 at 4:37 pm #

      Thanks for catching my mistake.

  155. Cold N. Holefield November 29, 2014 at 3:57 pm #

    We ought to give thanks every day.

    I agree — and so I do — give thanks every day — not just on one prescribed and officially designated holiday out of the year. So I guess its (Thanksgiving’s) only relevance is as a vanguard of hypocrisy in its broadcasted intent to celebrate in one day what should be celebrated every day, and every moment, of the year.

    Now, let us bow our heads and give thanks to the universe for the Michael Brown shooting and the resulting Ferguson protests/riots and the imminent nuclear war with Russia and the overall collapse of Western Civilization as we know, and knew, it.

    There’s so much to be thankful for, I don’t where to start — or end. I do know I will be thankful for the several 16 oz. Kirin Ichibans I will be consuming in about an hour or so, and I don’t need Thanksgiving or any officially-sanctioned holiday to render that gracious thanks.

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  156. FincaInTheMountains November 29, 2014 at 4:59 pm #

    “Yes Rothschild set up a system of beacons and messengers across the face of Europe to report back to England the result of the Battle of Waterloo faster than the official sources. So when Napoleon lost, he reported that he had won – enabling him to buy up much of England.” Janos

    ==============

    Personally, I think the whole story is largely a BS. More plausible that Rothschild worked as an agent for the House of Windsor with the full support of very developed British Intelligence service.

    The way I see it, Jews always worked the second roles, first for Roman masters, then for Anglo Saxons.

    First thing in financial operations is security and intelligence, otherwise you rapidly succumb to some unfortunate accident like we see today in so many bankers cutting their throats while trying to shave or having nail-gun problems.

    Jews always are pushed in front of the “cameras”, probably just in case a scapegoat comes in handy.

  157. FincaInTheMountains November 29, 2014 at 5:09 pm #

    British are very inventive in creating a BS stories of amazing proportions. For instance, Sir Isaac Newton and his law of “universal gravity” – remember he fallen apple? Never happened. Newton was a luny tune who stole his law from the Kepler’s third law of planetary motion.

  158. johngalt333 November 29, 2014 at 5:40 pm #

    “We CFNers always talk about collapse, but rarely do we define it.” –BeantownBill

    I am not certain how to define “collapse” but I would imagine it involves a banking collapse, 80% unemployment, widespread violence in the form of political assassinations and accompanying internecine warfare, mass starvation, etc.

    I see none of that in evidence now. Construction is booming, the energy industry is dynamic, home valuations are improving, and people have money to spend as evidenced by increased discretionary spending (eating out, going to movie theaters, buying latest consumer electronics devices, etc.), credit card debt going down, personal savings going up, etc.

    And I filled my tank this weekend with $2.33 regular gas. Sweet! No signs of collapse in sight here.

    • Karah November 30, 2014 at 8:40 pm #

      collapse is when a support system is no longer supportive because it fails completely and suddenly and stays that way until it can be cleaned up, rebuilt, replaced or abandoned.

      one of jhk guests said some people are already in a situation where they have lost support. no matter what the cost of anything, it has been out of their reach unless they have some kind of prop to boost them.

      the props we see manifesting have to do with healthcare, min wage jobs, wellfare, grants, friends, family and non profits. a physical manifestation is the abandonment of places like traditional downtowns, detroit, and malls.

      jhk criticizes the current trends in financializing unproductive activities or dehumanizing activities because they do not stem from real labor. the machine is producing and not humans because of the scale of production required for increasing population density and global trade with high demnd nations like china, india and mid/south america. americans are demanding but the have a lot to spend as well compare to poorer countries. america will collapse if it continues to try support these countries with the dollar.

  159. johngalt333 November 29, 2014 at 6:10 pm #

    Years ago the common wisdom on CFN was that peak oil happened in 2005, so we were on the down slope of Hubbert’s curve. Lower supply, combined with increasing demand due to increasing population and increasing demand from developing countries, would lead to $200 a barrel oil… Provoking economic collapse. WRONG, as we know in 2014.

    I agree with Q that JHK has some ‘splainin’ to do Monday. According to the law of supply and demand we should have never seen oil at under $100 a barrel again…at least that was the story when oil was at $120. Wrong as oil has been under $100 for some time now in 2014.

    Three years ago we were also being told the shale oil boom was going to collapse in a year. The low hanging fruit had been picked and shale fracking was a desperate short term measure. WRONG. Three years later shale is still going strong with no signs of imminent collapse … even without XL tar sands.

    And oil is now between $60 and $70 which has not stopped going for the high hanging fruit, even though CFN CW used to be that fracking and tar sands would not be profitable below $90. Lots of explaining to do on Monday.

  160. nsa November 29, 2014 at 6:40 pm #

    Beanie,
    You are a true treasure. 15,000 years ago, the exact area in which you now reside was covered by a sheet of ice 1.5 miles thick. Must have been a lot of your “counter intuitive global warming” back then to create such a massive ice sheet?

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  161. Buck Stud November 29, 2014 at 7:59 pm #

    “How many Blacks does it take to make a Black Friday? Or are Whites just as bad?” –Malthuss

    I’m not sure about Black Friday but recall The Who 1979 concert in Cincinnati in which eleven people were Trampled Underfoot– talking about too much love of a rock band.

  162. BackRowHeckler November 30, 2014 at 12:03 am #

    My guess is that by about January, 2015 this whole Ferguson affair, Michael Brown, Darren Wilson, the Grand Jury, ‘Hands up, don’t shoot’, ‘Pants up, don’t loot’, all of it, will be forgotten, and as remote as the white baseball player from Australia killed in Kansas last year on the streets by black teenagers, just for ha has. Who remembers him? What was his name? Who gives a sh#t since there’s no political mileage to be gained from it? That’s the way it is now.

    Marlin Williams

  163. Janos Skorenzy November 30, 2014 at 4:47 am #

    British Beasts Battle for Bargains on Black Friday – mostly fighting for visual control devices to fine tune their programming. America is exporting more of its culture. The word Black is really interesting here – has at least two other meanings besides the mercantile one.

    http://www.dailymail.co.uk/news/article-2852585/Mayhem-Black-Friday-begins-Shoppers-clash-supermarkets-trying-grab-bargains-Boots-Game-Curry-s-PC-world-websites-crash-thousands-start-hunt-Christmas-deals.html

    • Buck Stud November 30, 2014 at 12:11 pm #

      Well the ‘black aspect’ of British Black Friday looked positively civilized in comparison to some of the ‘white aspect’. Did you see that one white dude grappling for a piece of merchandise and the two jolly looking blokes to each side of him and who probably will be dressed up as Santa next month drooling over his exposed plumbers butt?

      • malthuss November 30, 2014 at 2:21 pm #

        Many are trampled to death in India. This happens regularly.

        Web search ‘Stampedes in India’. Sometimes more than 100 die in one stampede.

        Oct 13, 2013 – At least 115 pilgrims including children were killed and more than 100 injured … Thirty-six people were killed in a stampede in northern India

        etc.

  164. FincaInTheMountains November 30, 2014 at 5:42 am #

    Heads and tails

    After Washington twisted Hollande’s arms France decided to renege on Mistral Helicopter-Carriers Sale to Russia. Thou it is questionable how much harm it will cause Russian fleet, France not only loose 2.4 billion dollars on the contract, but face another couple of billions in fines.

    To add insult to the injury, India may cancel the contract to purchase 126 French jet fighters “Rafale” valued at 20-22 billion dollars. Indians say they simply could not afford the danger of them buying the jets just to face possible denial of future maintenance due to unexpected political complications.

    Germany has lost about 17% of its trade with Russia due to American sanctions (economic war) against Russia. At the same time the Russian trade with United States grew by same 17%. Nothing personal, just business.

    At that rate Washington pretty soon will start losing its West European vassals. Even the vast NSA “blackmail apparatus” will not help. Not extremely smart foreign policy.

    ======================

    It is still unclear who’s causing all that ruckus in world oil markets. ISIL is selling oil at just 30 bucks per barrel (price delivered to refinery) and rumor has it that Turkey is a primary beneficiary of “dirt-cheap” ISIS oil. However that volumes are just not high enough to influence the world oil markets, may be just on some emotional level.
    Since the price of oil is largely determined by the futures markets (such as London’s ICE Futures exchange), a valid hypothesis would be that the trouble is caused by a non-state player, e.g. Finance International (or Cartel) – may be just to make some money, but most likely to improve their negotiating position against other players. At the same time they obviously are playing into Chinese hands and against both Americans and Russians.

    ================

    Since the complete failure of major world players to come to agreement regarding voting shares in the IMF the creation of alternate world financial institutions is going its merry way. Actually, the capitalization size of “Bricks currency stabilization fund” – the alternative to IMF – could be even bigger than the IMF itself.

    Personally, I think that King Dollar losing its premium status wouldn’t be such a bad deal for American Republic and American working people since it will force to expedite the reindustrialization of US and stop all that silliness about “post industrial society”. A little haircut on overblown value of American dollar would be helpful to American High-tech and manufacture exports.

    I could only repeat the famous words of Charles de Gaulle said in the 60s when France was trying to continue its colonial wars: “Lose your Empire and Win your Republic”.

  165. FincaInTheMountains November 30, 2014 at 7:45 am #

    Fearless Finland

    According to the Finnish President Sauli Niinisto, relations with Russia continues to be one of the components of the security of Finland. That is clearly contrary to the spirit of a transatlantic unity.

    Sauli Niinisto decided that joining the sanctions against Russia have caused great damage to his country. NATO membership can make the damages unacceptable.

    Sauli Niinisto week ago, explained why his country did not become a member of NATO. And he was not afraid to say it out loud, taking the opportunity of vast circulation of Washington Post:

    If Finland joins NATO, it will no doubt bring harm to our relations with Russia, – he said in an interview.

    Only people who know a lot about diplomacy realize that this phrase is a top of tactlessness. In fact, Sauli Niinisto told White House to go to hell with its intrigues, threats and offers you can not refuse.

    It turns out, that is not necessarily to have nuclear weapons to defend their own interests and to be a sovereign power.

    http://www.washingtonpost.com/blogs/worldviews/wp/2014/11/23/in-interviews-finlands-leaders-see-peril-in-standoff-between-russia-and-the-west/

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  166. Cold N. Holefield November 30, 2014 at 8:14 am #

    bhr, no disrespect intended, but every time you sign off with your “real” name, I reminisce about Mutual of Omaha’s Wild Kingdom. Marlin Perkins is the only other time I’ve encountered the name Marlin. I liked him and I liked that show. FYI, since you’re so hell-bent on broadcasting your “real” name in neon lights, it’s easy to change your screen name to your so-called “real” name. Why don’t you? It would save you having to type it as a signature every time you make a post.

    Mutual of Omaha’s Wild Kingdom Starring Marlin Perkins, Director of the St. Louis Zoo

    The St. Louis Zoo reference is appropriate considering, don’t you think?

  167. Cold N. Holefield November 30, 2014 at 8:46 am #

    My guess is that by about January, 2015 this whole Ferguson affair, Michael Brown, Darren Wilson, the Grand Jury, ‘Hands up, don’t shoot’, ‘Pants up, don’t loot’, all of it, will be forgotten…

    Just like Ebola. Didn’t I tell you it would fade away in no time? It has. The ever-quickening and frenetic news cycle precludes dwelling on any one news item for any length of time, but that doesn’t mean there isn’t a strategy in that approach and that general themes and structures of what is covered and how it’s covered aren’t firmly in place.

    You know there will be endless sequels to Trayvon Martin and Michael Brown. It makes for great theater. They’re constantly scanning the horizon for events that fit the bill, or don’t fit the bill but they make it fit by stuffing it in there anyway.

    • FincaInTheMountains November 30, 2014 at 8:58 am #

      Who needs Ebola now when American troops have already entered West Africa? Why nobody is asking what is exactly the role of 3,000 US troops there? Have they left? I doubt it.

    • Q. Shtik November 30, 2014 at 11:27 am #

      Didn’t I tell you it would fade away in no time? – Cold

      ===============

      Yes, but you’re a day late and a dollar short in saying it. I like my more artsy prediction of 11/25/14 at 1:02AM…”It’ll blow over like a fart in a wind storm.”

      As you correctly point out, because “The ever-quickening and frenetic news cycle precludes dwelling on any one news item for any length of time” ALL news will “blow over like a fart in a wind storm.”

  168. FincaInTheMountains November 30, 2014 at 8:52 am #

    US Congressmen call to stop cooperation with Ukraine

    Member of the Foreign Affairs Committee Rep. Steve Stockman demanded to investigate financial fraud committed by Ukrainian officials.

    The document was sent to the Congressional Research Service. The main object of discontent became National Bank of Ukraine, which “not-effectively” manages the funds transferred from United States.

    http://aftershock.su/?q=node/271900

    How about the investigation of the fact that most Western “lethal aid” to Kiev ends up being sold to Novorossia resistance forces?

  169. Q. Shtik November 30, 2014 at 11:54 am #

    And I filled my tank this weekend with $2.33 regular gas. Sweet! – JohnGalt

    ================

    WHERE did you buy at that price? Here in Central NJ we generally have close to the lowest prices in the country and we’re paying around $2.50 for brand X.

  170. progress4what November 30, 2014 at 12:08 pm #

    A Thanksgiving Story (amended)

    I was over at my kids house to watch a football game with some folks on Saturday, and this series of events came under discussion. I listened while my son told his version of events, since he was the point man and it was his house. I had everything correct in my account except for one thing, out of this one paragraph.

    “It’s cold, cloudy, and quiet on the streets, at 10:15 a.m. We turn onto old US 19, not far above the perimeter. We find a little convenience store. As I head in to pay, I’m vaguely aware that my son has been approached outside by a white female, kinda’ cute, and pretty young. Inside the store, I’m in line behind a nondescript 20-something black male, not that cute. Now I’ve got one eye on my kid outside with the girl and one on the guy in front of me in line.” – original story –

    As my son tells his version, he says, “So, I’m getting out of the car and this Hispanic girl, maybe 15 years old, comes up to me and asks, ‘Sir, can I use your phone to make a call, please?’ I can tell she’s a little upset about something.”

    ====================

    This difference shows a couple of things. One is that I can be a pretty crappy witness for descriptive details. Another is that I’m not focused nearly as tightly on race as many here @ CFN would like to presume. It’s also interesting that neither my son nor I mentioned the race of the girl as we debriefed each other on the short drive back with the ice.

    And, BTW, my son recounted that the girl spoke unaccented “American English,” to him. And, her phone call was to her mother, to whom the girl spoke in “Spanglish.”

    Also, I asked him if she was one of those “white Hispanics,” since I was trying to defend my original description of the girl.

    “Nope,” he replied, “She was pretty Mexican looking, Dad. You need to learn to pay better attention to details.” hahaha!

    “Oops, my bad,” I have to say. haha, again.
    My family laughs a lot. That’s not a bad thing, generally speaking.

    Does any of this make you happier, Buck? hah?

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    • Q. Shtik November 30, 2014 at 12:46 pm #

      Does any of this make you happier, Buck? – Prog

      =================

      I don’t know about Buck but it makes me realize that the inundation of Hispanics has zoomed through Dade County FL, right up through Broward Cty and the rest of FL all the way up to northern Georgia, if not farther.

    • Cold N. Holefield November 30, 2014 at 1:03 pm #

      I’m being totally serious here and not snarky in the least, but I’ve read it three times now and I have no idea what your point is, if you have one. Please elaborate without the confusing story. If you’re not a racist, then there’s no need to keep saying you’re not a racist. Move on and ignore the “racist” label or the “racist” innuendo.

      • progress4what November 30, 2014 at 2:46 pm #

        My goal was to get you to read the story 3 times.
        Mission accomplished.

        The power of the word “racist,” and its derivations is fascinating to me. I will continue to explore, if you don’t mind.

        I will continue to explore if you do mind, as well.

        Thank you for your support.
        http://youtu.be/C7WeZbRbxwg

    • Buck Stud November 30, 2014 at 1:51 pm #

      Prog,

      If you’ll recall I wasn’t claiming your account was racist as singular post, but racist in relation to PK’s post which you claimed was racist.

      And if you’ll also recall I have made a few posts with racial speculations-the black dude at the football game for one

      Anyway, I think it’s good to notice the particulars of any given situation and also thinks it absurd to for the media withhold ethnic identity when an unsolved crime has been committed and suspects our on the loose –how to know what to look for?

      • Buck Stud November 30, 2014 at 1:53 pm #

        where to start lol: *are,think,it’s, etc*

  171. Q. Shtik November 30, 2014 at 12:30 pm #

    …Just ask the LGBT community and the cast of Kinky Boots. They sure love a parade — as a platform to advertise and celebrate [their lifestyle choice]. – Cold N.

    ================

    In 1992 a letter I wrote to the editor of our local newspaper (The Home News of New Brunswick, NJ) was published. Here is what it said:

    Not a matter of preference

    Apologists for homosexuality seem to believe it aids their cause to imply a person’s sexual orientation results from conscious choice. Yet homosexuals themselves invariably say they have been attracted to their own sex for as long as they can remember. The annoying phrase “preferred lifestyle” is inappropriate as a characterization of anyone’s sexuality. In your June 1 article on lesbian country singer K.D. Lang, “preferred” suggests to me the first choice among acceptable alternatives. One may like ice cream and prefer chocolate yet still enjoy butter pecan. But in matters of sexual attraction, it’s either-or, not one more than the other.

    And then there’s the other misused word, lifestyle. Let’s reserve this for he rich and famous.

    Which is more appropriate: K.D. Lang is a homosexual or homosexuality is K.D. Lang’s preferred lifestyle?

    • Buck Stud November 30, 2014 at 2:07 pm #

      It sounds like your opting out for the determinism of science, that gays really have no choice or free will. And then this:

      “One may like ice cream and prefer chocolate yet still enjoy butter pecan. But in matters of sexual attraction, it’s either-or, not one more than the other.”

      Haven’t you ever looked at a woman and thought that is some good stuff. And then another and another; variety as the spice of life if you will. And what about the AC/DC types, they seem to enjoy a certain sort of versatility that escapes most people. In short, there seems to be a natural gradation of preference in effect when not smothered by societal conventions.

      I recall talking with a woman from Michoacán Mexico and how she marveled over the sexual luxury and utter versatility of Frida Kahlo who, apparently, enjoyed tasting the very same tastes of her main sexual flavor Diego Rivera when he strayed from their own bed.

  172. barbisbest November 30, 2014 at 12:54 pm #

    All these systems must be replaced by more straightforward and honest endeavors such as ..growing food, healing people, building places where people would want to live What a beautiful thing to write JHK. Alas, if it could be so,

    It’s difficult to disagree with most of what JHK writes about in his essays and blogs, i.e., Future that has a Future, Let’s all go medieval, We are more than consumers, which brings to mind this thought for me. “The more difficult it is to do, the more it needs to be done” Me
    and this “Peace of mind and inner happiness should be the measure of social progress” Peter Russell

    do we need to go medieval, in all likelihood. Easy, no. Maybe the ones who are left will get to the Golden Age. The native American indians have a prophecy about the great death And speaking of those, D.Ortiz in her recent book Indigineous Peoples History of the United States, says that the early indians had amazingly long life spans, This is due, it is believed, to the fact that they bathed often, which was curious to the colonists. The eastern part of the U.S. supported about 30 million of them. They were matriarchal, women owned the property and said what got planted where, while men went off in hunting parties, to their advantage no doubt. They were not warring people in general, but caring. Only when their land was threatened did they learn to be warring. They didn’t need to be warring, no debt, no taxes, no unbridled greed. Their needs were simple, they lived in tune more with nature. Tribal leaders of the Chicamaugua, a faction of the Cherokee indians, maintain to this day that they are of semitic descent, as went down in their oral histories that many peoples from different areas of the world came to the U.S. and mixed with the indians.before Columbus invaded America.

    What savages. So, now, let us go to the after Thanksgiving Sales and risk being trampled to death for a cheap flat screen TV at Walmart on which we can watch the rest of the bees die. Now who are the savages? I’m sure you know how right your words are James.

    • Janos Skorenzy November 30, 2014 at 4:14 pm #

      Balderdash. The Indians were patriarchs. The most violent Eastern tribe, the Iroquois, seem to be matriarchal since the women could unseat the chief, but a guy who worked with them said it only seemed that way on paper. In reality, they were patriarchal too. The Algonquins were terrified of them. But they had the same cult of torture as they did. The Iroquois occasionally ate human flesh, usually young children or babies – but only of an enemy tribe like Whites, and only if they needed it. Not so bad!

  173. Cold N. Holefield November 30, 2014 at 12:56 pm #

    Apologists for homosexuality seem to believe it aids their cause to imply a person’s sexual orientation results from conscious choice.

    What planet are you from — because it is most definitely not Earth? My experience has been the exact opposite — that apologists for homosexuality have always said “they can’t help it, they were born that way so it’s not right to force convention upon them when genetically it doesn’t fit.” Perhaps that may have been the case once upon a time, but in recent years, for the last decade at least and maybe last two decades, homosexuality is increasingly becoming a matter of choice and/or preference and the media combined with the educational system is not only tolerating that choice, but actually soliciting it and enabling it. And say what you want, there is a subculture, or subcultures, that are distinctly “gay” and by virtue of their somewhat unique and particular homogenized collective behaviors, their existence can be called a lifestyle. One, or two, of the gay subcultural lifestyles was/were on display at the McDonald’s and Macy’s parades per the link I provided.

    What this means is that increasingly there are those who are not necessarily predisposed to be gay, choosing to be gay. More than anything, humans are social animals that have a strong sense of belonging and community. If being gay satisfies that most important primal motivator of belonging, then humans will be gay, and increasingly so as that designation is more broadly tolerated, accepted and encouraged.

    For the record, I am neither a homosexual apologist nor an advocate of it. I merely observe and remark about the absurdity we call our existence or reality.

    • Janos Skorenzy November 30, 2014 at 4:10 pm #

      Good points. If in the good/bad old days, so many gay men married and lived lives of quiet desperation, why shouldn’t many straight men take to the much lauded gay life? Easy sex, a vast network of support, a feeling of moral superiority, etc. After being rejected by girls for being not thuggish enough, what could be more natural for a certain type of young man in todays climate of opinion?

      • Q. Shtik November 30, 2014 at 5:42 pm #

        Janos, I find your line of reasoning ridiculous. A straight man can suck a mile of dick and a straight woman can munch a hundred yards of carpet and it won’t make them gay. Conversely, a gay can marry the opposite sex, have a dozen kids, and it will not convert them into heterosexuals.

        • Janos Skorenzy November 30, 2014 at 6:56 pm #

          That’s what I just said: just as Gays lived inauthentic lives before Gay Liberation, now Straights may as well since Gay is “in” in the biggest possible way. Surely you don’t think they are oppressed? Their cause is funded by the Rockefeller Foundation among others.

  174. Q. Shtik November 30, 2014 at 1:07 pm #

    This just in from exit polling in a Swiss referendum:

    “A proposal to require the Swiss central bank to hold a fifth of its reserves in gold was opposed by 78 percent of voters and supported by 22 percent, projections based on tallies provided by selected voting districts indicated.

    The plan would have forced the Swiss National Bank to buy massive amounts of gold within five years and likely causing the global price for the valuable metal to jump.

    The proposal to limit immigration to 0.2 percent of Switzerland’s population — about 16,000 immigrants a year for a country of 8 million — received the backing of 26 percent of voters, while 74 percent opposed it. Currently, immigration is estimated at around 80,000 a year.”

    I think the Swiss have made a big mistake on both counts….but what the hay, it’s their country. Actual voting results, as opposed to polling figures, are expected later today.

    • malthuss November 30, 2014 at 2:18 pm #

      ‘Since 2008 the banksters have manipulated the markets using all kinds of financial weapons. You name it. TARP, QE, naked shorting, high-frequency trading, LONDON WHALE, LIBOR, MF GLOBAL, CYPRESS, manipulation in the global foreign exchange markets, etc., etc, etc.
      Are they finally out of bullets and the game is over in Dec?
      I have watched this VERY CLOSELY since 2008 and have seen so much it makes my head spin. The criminality is off the charts but nothing has been done to put the culprits behind bars or execute them. I expect more manipulation and crazy antics well past Dec. Maybe even as far out as 2018.
      I may be wrong about that and the whole thing crash tomorrow. Is the whole global DERIVATIVE market going to implode soon? The Swiss are not going to force the issue. It twill come from the BRICS.’

  175. BackRowHeckler November 30, 2014 at 3:01 pm #

    CNH I used to use the name Marlin here but changed it when Jim kicked me out for awhile. I’ll probably go back to it sooner or later.

    ‘Demonstrators’ shut down a Seattle mall yesterday when little kids were singing Christmas Carols. They looked to be wooly OWSer types. ‘Hands up, don’t shoot’, ‘Black lives matter’, ‘No Justice, no bargains’, all that happy bullshit, plus a little lefty street theater, the ‘die in’. The kids, who looked to be about 8 years old, were hysterical, in tears. The mayor and police chief were on scene trying to console the little ones. Instead of throwing the scum out the mall was shut down and festivities came to an end. The Revolutionaries have taken the fight to the oppressor, in this case 3rd graders Christmas Carolers.

    Perfectly acceptable to shut down Christmas events, just so long as Gay Pride celebrations (which last for 51 1/2 weeks per year), are not f#kked with, specially the assless chaps pageant down in Central Park. Some traditions indeed need to be cherished and preserved.

    –brh

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    • malthuss November 30, 2014 at 6:00 pm #

      White lives matter as well. You will not see the White leftists say that.
      There are long lists online of Whites killed by non Whites.

  176. progress4what November 30, 2014 at 3:04 pm #

    “On another note, I wonder what all of the cops that still have to patrol and risk their lives in areas such as Ferguson privately think about the event that just transpired. Because there jobs have just become a whole lot harder in terms of more scrutiny and perhaps danger as well.” – buck –

    The rule of law was upheld in Ferguson. This makes cops happy.
    Mob rule and biased journalism is doing an end-around on the rule of law. This makes cops unhappy.
    http://online.wsj.com/articles/two-arrests-made-after-ferguson-police-officer-resigns-1417365692

    And – scattered around the country there are a few more black men who now believe that their anger is always justified and that they should make the first move to kill cops before cops can kill them.
    This should make all of us unhappy.

    Meanwhile, there are many cases of “murder” by misapplication of force by police which SHOULD be investigated that may not have a racial angle. This should make all of us unhappy, also.
    http://countercurrentnews.com/2014/11/unarmed-college-student-getting-little-national-attention/#
    (And yeah, this kid was on LSD. The kid in Ohio had a toy gun. Too many people mistake justified procedure for proper procedure.)

  177. volodya November 30, 2014 at 3:08 pm #

    We CFNers always talk about collapse, but rarely do we define it. All I usually hear are many variations of “we are so fucked”. Another thing, is it really true that all civilizations collapse, or is it just evolution? – BTB

    What does collapse look like? Well, it happened different ways in different places.

    For the Western Roman Empire it involved multiple factors like over-expansion of the empire, the huge cost of administration and defense, corruption, recurrent and debilitating civil wars due to the inability of Roman elites to transfer power peacefully, events in the far east of the Eurasian land mass that drove many headed throngs and tribes from the steppes into Europe and ultimately into Roman territory.

    And mayhem and mass death, the sack of Rome and its abandonment, the forcible removal of Roman elites, urban abandonment in general and the ruralization of survivors around hill-top fortresses, the decline of trade, the decline of literacy and numeracy, the establishment of tribal kingdoms, the abandonment of Latin and the adoption of either marketplace Latin or tribal languages in its place.

    How many of these factors would apply to the decline and collapse of the successors to Rome? Some would.

    There’s political instability in the US from longstanding regional rivalry, financial degradation and instability from the enormous cost of administration and defense (which wealthy Americans and Europeans refuse to bear), economic degradation and instability from the offshoring of industry to the third world, steady incursions from Africa and the Middle East into Europe, steady incursions into American territory from the south, extreme violence in border areas, that is, in the Middle East and Mexico.

    There’s other factors, black swans that have yet to spread their wings.

    There’s many ways to define collapse. You can call it evolution if you like. But I think all involve re-organization of political power, re-drawing of borders, re-direction of production and consumption and travel and trade flows. A lot of it disruptive and unpleasant.

    Barbarians refused to accept rule from Rome. Republicans refuse to accept Obama’s exercise of presidential power. They just are not having it. Legalized theft and corruption lays waste to the national economy and public finances.

    You can take it from there.

    • ZrCrypDiK November 30, 2014 at 6:20 pm #

      “FincaInTheMountains”

      Moar liek, Finca in his mud hut on the Tejax/Mehico border . I have to admit (if true) the story he poasted about the battleship being shut down by (3+ drone decoys spamming) microwave ovens, and then 12 fly-by bombing test-runs, reminds me of supposed UFOs shutting down nuclear weapon silos/plants back in the 50’s/60’s/70’s. Haha, can you imagine the commander of that ship, after about the 4th or 5th INCOMING test-run (haha, “whoa iz me…”)!!!

      And, I’m certainly not seeing the supposed “2 seconds” response time in that execution of the 12 year old. As soon as the cop car stopped and the passenger cop got out, a split second later he immediately shot and the kid dropped instantly (much redundancy there, for ‘effect’). And then, both cops carried on like there whuz some sort of huge tactical response necessary (in the form of ‘ballet,’ no less), rather than approaching the corpse to see if help whuz required… As others have said here, why didn’t they simply park on the street, exit the far side of the cop car, and have some DISCOURSE first. Xrist, that kid was the only person in the park/outside, pretty much staying in the same general location the entire 10+ minutes – hardly a threat.

      I agree this is not simply a racist phenomena – here in PDX, Orygone, cops have shot many mentally ill (white) persons dead, when a stun gun, bean bag rounds, or mace would have sufficed. PCR has a great article on his page from Whitehead about the militarized police state threat to us all. It’s definitely poverty biased, but not so much race IMHO…

      Oh, and yeah on the gold/silver/oil/interest rate rigging for next week. Absolutely amazing – is it all done with the computerized 90% volume (high frequency), frontrun millisecond (low latency) derivative trades (it’s not only ‘shorts’)?

      “There’s political instability in the US from longstanding regional rivalry, financial degradation and instability from the enormous cost of administration and defense (which wealthy Americans and Europeans refuse to bear), economic degradation and instability from the offshoring of industry to the third world, steady incursions from Africa and the Middle East into Europe, steady incursions into American territory from the south, extreme violence in border areas, that is, in the Middle East and Mexico.”

      I’m sure you’ve mentioned them before, but don’t leave out the most important factors now. There’s the population epidemic, as well as the degradation of the environment, in terms of clearcutting/mining, herbicide/pesticide/fertilizer/silt runoff, soil depletion/concretion, pollution of the land/air/water/sea from toxic carcinogenic hydrocarbons/heavy metals/nuclear waste, aquifer depletion, aquifer poison (cumon baby light my water faucet), droughts/fires/floods/tornadoes/hurricanes/tsunamis, etc, ad ‘nauseum’. With the Mil-Ind-Complex as it is in the US today (50%+ of the entire world forces), the economic/political stuff can be controlled through propaganda and outright coup/black flag/provocateurs/force. However, the exponential depletion of the very resources we need to survive cannot be lied away, or “forced” into existence (nature bats last – wtf?).

  178. progress4what November 30, 2014 at 3:14 pm #

    “I think the Swiss have made a big mistake on both counts….but what the hay, it’s their country” – q –

    I think the Swiss have gone insane en mass, looking at the vote spreads. There was a lot of big money against these referenda. So the Swiss voted short-term financial interest against their long-term cultural survival. Either that or the Swiss are as easily brainwashed by advertising as typical US “liberals.”

    Too bad for the future, in either case.

    On a happier note, paper gold will be down tomorrow if anybody wants to short it.

  179. progress4what November 30, 2014 at 3:27 pm #

    “If you’ll recall I wasn’t claiming your account was racist as singular post, but racist in relation to PK’s post which you claimed was racist.”
    -buck –

    Here’s what PK said, verbatim: “… approached by a police car and the killed in two seconds time. These things happen to Black boys, not white boys.”

    This IS racist. It’s the sort of fact-free racism that tends to get a pass all the time from the mainstream and much of the media, but it’s still racist.

    And my post in question contained only factual descriptions.
    Facts can’t be racist, can they?

  180. johngalt333 November 30, 2014 at 8:51 pm #

    Facts can’t be racist, can they? — P4W

    What percentage of Ferguson police are Black? What percentage of traffic stops are of people who are driving while Black?

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    • Q. Shtik November 30, 2014 at 9:42 pm #

      What percentage of Ferguson police are Black?

      Zero

      What percentage of traffic stops are of people who are driving while Black?

      100

      What’s your point?

      • ZrCrypDiK December 1, 2014 at 4:25 am #

        Q – Smart, I like. Smart-@$$, I don’t. Definitely smart-@$$, up in there…

  181. Q. Shtik November 30, 2014 at 9:16 pm #

    Can someone explain to me why “colored people” is considered highly offensive but “people of color” is not? This is a serious question. I have never understood the grammatical nuance.

  182. johngalt333 November 30, 2014 at 10:24 pm #

    I can.

    • Q. Shtik November 30, 2014 at 10:33 pm #

      OK, I await your explanation.

  183. johngalt333 November 30, 2014 at 10:42 pm #

    Please read it yourself, complete with citations from the OED.

    http://www.npr.org/blogs/codeswitch/2014/03/30/295931070/the-journey-from-colored-to-minorities-to-people-of-color

    • Janos Skorenzy December 1, 2014 at 1:48 am #

      Sure. First they wanted to be called Negroes. Then that became offensive. Then African American. Now Black. What’s next? The point is to always keep Whites off balance, to always be offended and keep Whites feeling clueless. I’d seriously advise us to stop buying into all this. Pandering only makes their behavior even more outrageous. Weakness always does.

      • ZrCrypDiK December 1, 2014 at 4:58 am #

        Seek heil? Fuhrur?> (wannabe)

        It’s amazing how much sh!t you get away with on this page. It’s unfortunate that you’re a fsk’n clu-B. Be that as it *may*, I’m sure you’ll sleep well…

        Drink the clearcuts, my *FRIEND*. Drink up. And show us all your *TATZ* (skinhead?).

      • AKlein December 1, 2014 at 8:48 am #

        Janos, I think you may have overlooked the real reason the name for Negroes/African-Americans/colored people/people of color keeps changing. Frankly, I don’t think many “persons of such characteristics” care much about what they’re called, so long as it’s not meant to be abusive. However, there is a group of people in this country (of all colors, btw) who do make a big deal out of such distinctions. In fact, these people have made a veritable industry out of nuancing such terms. And it isn’t just regarding Black folk. Did you you know that the term “Oriental” is now verboten? The proper term, according to the correctness police is “Asian”. I never thought the term “Oriental” was a slur. But there’s money to be made! Hoe many corporations have correctness police on staff? Answer: many. Nice, comfy sinecures – plus you get to harass other people. Such a deal!

  184. FincaInTheMountains December 1, 2014 at 6:20 am #

    Chuck Hagel’s Fall

    ISIS Czar Allen Ousts Hagel from Pentagon; Defense Secretary Had Opposed McCain Demand to Spare ISIS and Al Qaeda, Shift to Bombing Assad Only; Petraeus’ Candidate Michele Flournoy Forced to Drop Out, but Post and Policy Remain Up for Grabs;

    Perhaps intimidated by the steady stream of security threats around the White House (two more in the past week), Obama on Nov. 24 unwisely dumped Defense Secretary Hagel without having a suitable replacement ready. Hagel had objected to the Syria policy demanded by the Kerry-Rice-Power humanitarian bomber group, who insist that the main enemy remains Assad, not the ISIS terrorist congeries. The rational US approach would be rather to work with Assad, Iran, and Russia against ISIS, while forcing Erdogan of Turkey to cooperate in opposing the terrorists – or else. Once Hagel had been ousted, a pre-Thanksgiving power play was launched to give warmonger Michele Flournoy the Pentagon post. Flournoy is deeply associated with the Center for a New American Security, the think tank in the orbit of Gen. David Petraeus, who continues to function as the focal point for a political comeback — possibly in authoritarian form — by the hated neocon faction. Push-back against Flournoy quickly emerged in a number of quarters, including this web site. Flournoy was forced to drop out of contention on Tuesday, Nov. 25, just after this broadcast was pre-recorded. It is not known how Flournoy was stopped, but her professed desire to spend more time with her family can safely be considered spurious. There is now grave and immediate danger that the Allen-Petraeus clique will initiate bombing and decapitation attacks against the Assad government. As for the Pentagon post, the controlled media are touting Hagel’s deputy Robert O. Work (also of CNAS), Defense Department veteran Ashton Carter, Homeland Security boss Jeh Johnson, and the Saudi-linked former Mississippi Governor and Secretary of the Navy Ray Mabus.

    http://www.voltairenet.org/article186104.html

    • Q. Shtik December 1, 2014 at 6:18 pm #

      but her professed desire to spend more time with her family can safely be considered spurious.

      ===============

      Yes, that shopworn line is nothing more than a euphemism for “I’ve been caned.”

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