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| Another Mainstream Media Article: Hmmmmm (Inflation) in forum [Market-Ticker]
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Eaglewwit
Posts: 6054
Incept: 2007-11-30
SoCal
Banned
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I think you put to much faith in the intelligence of current America.
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Gates
Posts: 6262
Incept: 2008-01-29
Scottsdale
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So - what are the mechanics of dragging these people out of their offices and stringing them up - hows that gonna happen? in theory of course...
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Bobinator5000
Posts: 137
Incept: 2009-08-16
Illinois, USA
Banned
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Well first an angry mob with guns shows up outside the door, surrounds the building.
Then, they go in the building.
And then _BAD_ , Unmentionable things happen.
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If (rate of inflation) * (total unencumbered currency) > (total unencumbered currency) per year; the difference is guaranteed to default per year. Covering the difference via debt causes exponential inflation; Interest reaches unsaleable levels, monetary base contracts, then collateral values and banks collapse.
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Genesis
Posts: 130703
Incept: 2007-06-26
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Updated... a bit.... 
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Brett
Posts: 2872
Incept: 2008-01-23
His name was Joseph Stack. His name was Joseph Stack......
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Gates, it's a critical mass type thing. You're going to have to overload the systems defense/counter-measure system to the point where Law enforcement can no longer protect the pigmen (ala Katrina, if it gets bad enough Mr. Cop starts looking out for #1). Then you would need a Jedi-Mind Trick dispenser to 'recruit' the poor and downtrodden who feel they have lost all, have nothing left to lose and want revenge, give them a weapon and a mission and point them in the banker's direction. It's the same model that Al Qaeda used to engineer operations around the globe. Find those who have nothing left to live for, strap a bomb to their chest and tell them that guy over there is responsible for you and your families pain. Americans are a lazy sort though and not very competent so the banksters have nothing to worry about. I sure as hell ain't betting on them. But I am frantically trying to improve mah homesteading / mad-max skillz.
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Americans need to stop wasting their time calling their representatives or protesting in Washington DC. Instead, protest in front of the personal homes of Bankster CEO/CFOs,in front of the personal homes of your representative.... They made it personal and so should you.
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Pookie
Posts: 260
Incept: 2009-06-18
Florida
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"...fully-understood and expected outcome..."
You got that right. They know exactly what they are doing.
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Once you admit that the individual is merely a means to serve the ends of the higher entity called society or the nation, most of those features of totalitarian regimes which horrify us follow of necessity. --F.A. Hayek
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Trades50
Posts: 4215
Incept: 2007-10-30
Land of Tax and Spend
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The commodity price increases will counteract any QE positive effects. Wage completion is fierce. Few jobs and so many people competing for them.
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When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
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Need4mospd
Posts: 44
Incept: 2009-02-04
Houston
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Quote:Can someone explain to me what representation I have on The Board of Governors of The Federal Reserve? Would it even matter if we did have "representation" there? Just saying... |
Bighiller
Posts: 1471
Incept: 2009-05-06
Hiding from Monkeys
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BAD from the perspective of who? Clearly not those getting ass raped each and everyday.
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The Earth will forget Mankind.
The play of life will go on.
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Genesis
Posts: 130703
Incept: 2007-06-26
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Actually, it very well might.
But whether it does or doesn't the delineation drawn in our founding documents lies there. Consent is consent - it's when you get ****ed without consent that it's rape.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Popothebright
Posts: 2756
Incept: 2008-05-16
Bangkok
Banned
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Calling inflation a form of "taxation" is even too kind. It's "embezzlement" -- as the dictionary says: "Embezzlement: The mis-appropriation of assets entrusted to one's care".
Sounds right to me.
They are taking value away from Americans without permission while supposedly protecting that value, and they are selectively preserving and increasing the wealth of a small subsection of wealthy Americans with whom they have personal and professional connections.
Embezzlement.
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In America the choice of political party is little more than a choice of which corrupt management team implements the corporate agenda.
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Gates
Posts: 6262
Incept: 2008-01-29
Scottsdale
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LOL - Karl... whats the premium on BRF's:-) front month?
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Detersbb
Posts: 93
Incept: 2010-10-20
Banned
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Those are fighting words Market-Ticker guy. The last time I read someone challenged the inflation being taxation without representation and constituting a deprivation of property by the quasi-government very private institution of the Federal Reserve it was thrown out of court. Without a remedy available under the law, rebellion becomes a last resort, and that means blood shed. I agree with what you are saying keep doing the helav-a-good job, Sir.
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Genesis
Posts: 130703
Incept: 2007-06-26
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Like I said, the only action I'm taking or advocating is going long boiled rope futures. I think that's a market bet that will pay.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Popothebright
Posts: 2756
Incept: 2008-05-16
Bangkok
Banned
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KD -- Just to get some clarity on this post -- You've argued in the past that a bond-market dislocation is a high likelihood in the face of dollar-weakness. (Forcing deflation -- by way of rising rates -- out of an inflationary scenario)
... If I understood correctly, that is.
Are you still on that page? Or do you think the Fed's actions may have changed the game somewhat, and now we are looking at long term inflation?
TIA,
Popo
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In America the choice of political party is little more than a choice of which corrupt management team implements the corporate agenda.
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Detersbb
Posts: 93
Incept: 2010-10-20
Banned
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I know that Mike Rivero at his website (whatreallyhappened) has stated on numerous occasions that he believes that there is going to be a very lucrative market in guillotines in the very near and foreseeable future. If my memory serves me right I know that there is a rope component to the guillotine. I really do not want to see any violence, but that is the only way I see it playing out. It is not like at anytime in history when corrupt people seize the reins of government after having been brought to the public attention they said, "Well yeah, sorry about that on, we will just turn ourselves in now, how does tomorrow morning between 8-10 sound? That way I can put more house in order, spend a little quality time with the kids and have a last night with the wife. Sound good to you?" I wish it where that way, but it does not seem so.
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Brett
Posts: 2872
Incept: 2008-01-23
His name was Joseph Stack. His name was Joseph Stack......
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"Well yeah, sorry about that on, we will just turn ourselves in now, how does tomorrow morning between 8-10 sound? That way I can put more house in order, spend a little quality time with the kids and have a last night with the wife. Sound good to you?"
HAHAHAHAHAHA!!! RIGHT?!?!
That's why I laugh when people think the elections are going mean jack-squat.
ALL IN /BRFU
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Americans need to stop wasting their time calling their representatives or protesting in Washington DC. Instead, protest in front of the personal homes of Bankster CEO/CFOs,in front of the personal homes of your representative.... They made it personal and so should you.
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Bighiller
Posts: 1471
Incept: 2009-05-06
Hiding from Monkeys
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I think Joe Stack was onto something, just went into the wrong building.
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The Earth will forget Mankind.
The play of life will go on.
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Smacktle
Posts: 1361
Incept: 2009-01-20
Texas
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I call for people to join the PABITH Club. Punch A Banker In The Face!
Or Bernanke, Paulson, Geithner et al...
If your feeling some pain! Dish it back out!
I just went and voted in my local elections and for the first time ever voted straight Libertarian Partty except for one Republican. It was the only way I could think of to send a message.
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The faults of the burglar are the qualities of the financier.
- George Bernard Shaw
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Rickcaird
Posts: 78
Incept: 2009-08-17
Boynton Beach, Fl
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There are some other places starting to consider civil unrest as the result of QE2. Some links are in this Daily Reckoning post. http://dailyreckoning.com/zero-hedge-exp....I am sympathetic to Karl's point about the Fed and "Taxation without Representation". In the 70's, fiscal policy led to inflation. The Fed did nothing to counter it until Volcker took over. In this case, the Fed and monetary policy are leading toward inflation. I understand Bernancke is talking about 2% inflation as his target, but I doubt he can control the level of inflation very easily. It will get out of control. |
Traderdoc
Posts: 14
Incept: 2009-12-26
Morrison, IL
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The Boiled Rope Parties and Banker Gangbangs will be something to behold one day.
Coming to a town near you.
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Otiswild
Posts: 5617
Incept: 2009-03-09
Inside you, the force is!
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So feeding them into an industrial plastic shredder feet-first on C-SPAN is unmentionable?
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Lenguado
Posts: 1272
Incept: 2010-01-12
Orlando, FL
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Rail. Tar. Feathers. Pitchforks. Torches. Some assembly required. 
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I just realized... they aren't saying, "Keynesian Economics" they're saying "Kenyansian Economics". Grass Huts for everyone!  Welcome to history’s first Double Dip Depression |
Pika-steph
Posts: 54703
Incept: 2007-09-11
Live Free Or Die; US Army Est. 1775
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Damn. There really should be Boiled Rope Futures. Hmmm....hemp futures.... 
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Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org/ "The only regulation that really works is failure."--Rick Santelli
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