Current financial and political issues of the past week
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- Segment 1 : Jeff Deist opens the show discussing the Mises Institute giving a preview of upcoming guests from this great ‘think tank”.
- Segment 2 : Our “Washington Insider” Glen Downs, Chief of Staff to Congressman Walter Jones, follows Jeff with personal insights on current political issues.
- Segment 3 : Gary Christenson of The Deviant Investor is a retired accountant who is now involved, through his writing, in the hard asset sector. Needless to say, he is a critic of the Fed.
- Segment 4 : Rick Rule elaborates on what has turned out to be some misconceptions regarding Sprott Asset Management, one of the largest and most successful international investment firms in the world.
Hour 2:
- Segment 5 – 7 : Our round table this week consists of Bob Moriarty of 321 Gold, Jay Taylor of Gold, Energy & Tech Stocks, Richard Postma AKA Doc and Rick Ackerman of Rick’s Picks. Everyone weighs in on current financial and, to an extent, political issues of this past week.
- Segment 8 : David Rodriguez of Education Options EXPO works to improve education opportunities for children in the U.S.
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Of course you can be sure that will eventually happen. The question is when.
Agreed Marc, it is a dangerous plan to think that you can just print mountains upon mountains of fiat money and bail out “The Bankers” and the society at large.
The industry that produces wealth is gone and what little is left is being snapped up by foreign entrepreneurs who have been madly paper printing just to keep up all the while buying precious metal for what purpose? They have our industry and we have entitlement programs. To think that it will work when all are in debt is nothing short of having the inmates run the institutions. DT
The Chinese are now buying real estate and automobile facilities in Detroit, Why? It’s simple to see that once Detroit completes bankruptcy proceedings their auto labour pool is second to none and their auto infrastructure is selling at firesale prices. Guess what the Detroit city council is warmly embracing Chinese buyers to the tune of one billion dollars last year. Wake up people, what more can be said. DT
Couple of things can be said.
First of all start to love Chinese food.
Secondly, don’t plan a vacation in Detroit. Michigan vacation? Sure as Doc says it is beautiful. Detroit? Probably not.
The labor pool better get use to minimum wage…….the Chinese are not going to pay union scale…….
Absolutely correct Jerry!
I agree with you SD Marc.
When the thing that is scarce in an economy is collateral it is a time to favor what is scarce. It is leveraged game musical chairs in which every turn more chairs are removed to find safety.
Al is also correct it is a question of when?
There is a big difference between the current economy and a leveraged came of musical chairs. In the children’s’ game after every turn those remaining participants are forced to stand up leaving the safety of their chair behind to engage in the farce once again. We can remain seated upon our collateral and watch the farce play out in front of us. Eventually we will be a correct as a broken clock.
DT and Esquire,
Both excellent feedback!! Completely agreed with all your comments. Not because it makes me feel good – but, your analysis is absolutely spot on. The true is there if people just look for it!
An awful lot of ostriches out there Marc!
Yes Al….so segment 4 is just a repeat from Rick Rules comments two days ago. In fact, I agree with much of what Rick is saying. Lets get something straight though. The criticism of Sprott funds was directed specifically at the gold strategy and gold fund and had nothing whatsoever to do with their larger program which I have never criticized. There is NOT any misunderstanding on my part. Rick in fact agrees that the fund in question lost a tremendous amount of money as did other hedge funds who could not see fit to get out before the carnage set in. OK? So we all agree on that. I merely stated in prior posts that I thought that those losses could have been prevented and I thought it represented poor judgement on Eric’s part to not know when enough was enough and walk away. Anyone with any experience could see the trend had shifted notably and indeed once the declines began they were relentless. That was obvious from a technical and a fundamental perspective. Do you really need 80 percent plus declines before you take action for GODs sake? I am sure he also agrees, at least in retrospect, that a more proactive approach would have been better in the case of his gold fund and would probably have been less of a humiliation where his expertise and skill were called into question. So maybe he will be redeemed and gold will climb back above the old highs. Or maybe not. Nobody knows the future but it sure as hell hurts in the short and medium term for normal investors if your portfolio got squashed that badly.
Anyway, a little self analysis does not hurt. This is not the Wall Street Journal here at Korelin after all and most of us are just talking amongst ourselves on an issue (gold strategy) that does not command much serious media attention anymore unless it is a down day. Who the hell really cares what the gold community says at this stage of the game. Lets not get feeling defensive about water that’s already gone over the dam.
Well put BM.
That is a valid point, Bird.
No one realizes better than I that in the total scheme of things we are not a huge group of people. We are pretty intelligent and simply see some things differently. And, we certainly do have thought provoking fun!
Yes, it does hurt.
No one here was being personal.
I agree with your assessment. I personally feel that some of the “experts” were being overly vindictive and rude.
Look we purchased some of the silver fund and shortly thereafter sold it because I had a different opinion.
I really took issue with the tone of the reporting more than anything else. I also took issue with stating that he was fired as in an early conversation I had with Kenton I was told that was not the case.
Thanks Tex,
Listeners need to subscribe to the electronic version if they want to read the entire article though.
His gold guys were perma bull idiots. His hedge fund screwed me. 100k now 30k.
That’s why I never sold I figure he had enough brains to HEDGE at least temp bubble in gold/silver. Worse he loaded up on silver which is far more volatile. IRRESPONSIBLE.
Ill never put another dime at Sprott. The good news is I use to have way way way more dough there and sold out when his best guy split in 2011.
Really sorry for your loss Dillon,
A person has to think for himself/herself as I did when we got out of the silver asset trust with a slight loss.
Al I sound like I’m being harsh but I’m being dead honest.
15 years ago they average 29% per year in the equity fund!! That’s when he was unknown and I recognized that they were pretty sharp. Now I’m dumbfounded as he’s made himelself huge and his funds are terrible. As I said when his best guy bailed as he went bearish on the PMs before the selloff. He thinks for himself and there are very few managers out there like that. Eric stayed all in. I use to be on a first name basis there and proveded them with unique research from time to time. Too bad they went south. Their so big they can’t tell you when to sell it would spook the heard but at the end of the day the bear alway shows up.
Glad to here you sold out. I hate people getting hurt and I see the system for what it is. Shark infested waters. Safety first!
Bravo, Jay Taylor!!
Happy new year. My prayer for the coming year is for the wisdom to recognize change. To have the ability to change paths when needed, to learn from mistakes. I pray that the governmental infighting stops, that wars between nations end and the world be at peace. Most importantly, I pray that everyone on earth comes to a saving knowledge of the creator of the universe and the Lord of lords for it only through the power of Jesus Christ that these things can be done.
BOBBY, I’AM WITH YOU!
Me too! A
DITTO………..WELL SAID……………thanks Bobby..
Geez, I will never understand that, “only thru Jesus”. Doesnt that kinda say the we,no matter what we do, will fail? have no chance thru our own intelligence work ethics etc.
Doesnt that thinking require putting responsibility somewhere other than ourselves?
Just seems to me to be that way.
I do have to agree that the majority of people will take excessivly long amounts of time to figure things out. Of course time is cheap when we have an eternity I guess,so maybe its relitive.
Otherwise, its a nice thought to believe there are ways of overcoming world issues.
So, Merry Christmas and happy Dec 25.
b……….why do they Call it Christmas……?
b…..”only thru Jesus”………….Jesus is the only one who died for all sinners,
Oh I really don’t think so. I think that we are pretty responsible for our daily lives. I don’t really see where a belief in the Lord guarantees failure as a result of our own actions.
I think that success comes from a belief in Jesus and attempting to follow what he thought us.
I didnt say anything about a belief in god gaurantees failure.
I am saying that I dont understand a belief that put succssess or failure in hands other than oneself,
I made the investment, I am responsible etc.
I dont believe that “only thru Jesus” but thats not my point,
I guess my point is I take responsibility for my actions, I just very simply dont understand putting the responsibility or outcomes anywhere other than myself.
Thats all,… I know you guys see it differantly, I am just saying I dont understand it. never will really. But thats just me. To each his own.
Jerry, its called christmas because the christians grew powerful enough to convert Constantine, his wife Theodora was trying to divide them to reduce their political power, a division took place, east and west christianity. Anyway, the cathlics got hold of it, called it a “mass” and we have christ mass. I bet you knew all that tho. lol
Anyway, merry christmas, I give kids presents too. lol
Morning B,
I feel very strongly that we are responsible for our own actions. That, to me, is just common sense.
I believe that when people on this site discuss their personal concepts of God it has nothing to do with not taking responsibility for their own actions.
Putting Jesus at the top, to me, simply means that He is my Lord and Savior and absolutely nothing to do with my daily actions which are a result of what God gave each and everyone of us. He gave us free will!
Thank you Bobby. I certainly echo your prayer.
God bless
Hi Big Al and Cory,
Good show this week.
There is no bad day to buy Gold and Silver.
When China cannot receive delivery of gold, because of shortage in warehouses,
game over.
Happy New Year to All.
Thanks Keep. The same to you!
Al, you mention you wonder if it isnt some kind of plan, halalooya.
Nobody else thinks there is a plan?
Is the fed really that stupid? after 100 years of experience? hmmm, what is Rothchild famous for saying?
I continue to believe these guys are knowledgable enough to have figured out all they needed to do was use the qe funds to give every homeowner with a morgarge a million dollars under 3 conditions 1) pay off the morgage 2) buy a new car 3) retire for a minimum, I dont know,maybe 3 years.
That would have saved the banks, saved the car manufactureing and opened up about 1 million jobs. All cheaper than all the qe stuff.
They KNOW that, its not that dificult. This is where Bill Stills work applys,
the fed expands and contracts the money supply, they do it to aquire assets.
This time tho, there could be an even more insidious goal. (ooooo,tinfoil hat thinking,b must be nuts)That ndaa,tsa and all the survalance etc is actually good for us. lol
Jay Taylor is completly correct, other than the fed HAS NO NATIONALITY, so, how can they be traitors? Otherwise, a traiter couldnt do a better job.
Jay I agree with, Eisenhower told us, Kenedy got killed trying to stop it. (and people didnt like him? lol)
The religions will do nothing, other than make deals to preserve themselves.
Who else has any independancy? any influence?
Mike Maloneys work, 7 stages of empire is relevent I think.
I enjoyed the round table.
There certainly are some unanswered questions or there!
Seg 7 Talk about a timeless quote – Jay’s Cicero reference to the plague within, namely how the traitor operates.
For all of you who believe and trust technical analysis or even some fundamental thinkers, I recommend reading this article.
Steve St. Angelo does really good work and from my perspective as a petroleum geologist I can tell you his key connection to energy most specifically liquid fuels is correct. The Shale fracturing boom is extremely expensive, debt dependent and short lived. Shale hydrocarbon liquids and gases can only keep producing so long as untapped reservoir rocks are available and technology improvements can only increase to a limit just like high tech speed. When these limits are reached production decline is very rapid and we are already seeing this in formations like the Eagle Ford formation.
Technical evaluations are only so good so long as fundamentals are true. Short term discrepancies can exist but only so long and are followed by rapid corrections both up or down accordingly.
Yes, thank you, Clay
Thanks Clay!
To me, the current environment is very similar to the turn of this century, when gold was out of favor. Remember back to how gold acted in the aftermath of the 9-11 crisis: It initially moved higher but then sold off again. A number of my gold bug friends threw in the towel right there, at the worst possible moment.
The argument then was “If gold can’t rally on the back of the horrible events of 9-11, when is it ever going to rally?” It was a seductive environment and it was, in hindsight, absolutely wrong.
Fast forward to today. And a similar argument is being made, as people try to explain how gold and silver could underperform while the central banks are involved in record amounts of money printing and stimulus.
My belief is that the math is the math and that it will eventually assert itself. While I agree that ‘bottom’s in markets are usually carved out and take place in fits and starts, it is not always the case. You can go back actually to the ‘V’ bottom in stocks in March of 2009 (an event that ‘froze’ a lot of investors out, who could not bring themselves to believe that the market could be turning).
There is the potential for any number of left field events, that would cause the precious metals complex and the mining stocks to rally hard out of the gate. Some on this site, who are on the sidelines, say “I will buy the breakout.”
In reality it is much more difficult to do and many will be frozen out during the large, initial ramp. By the time many are comfortable enough to once again own the mining stocks, they will be up hundreds of percent (much like the retail crowd that is now finally going into the broad stock market).
Great comment Eric, thank you!
Exactly. Fear keeps everyone out when an asset offers the best value; greed keeps everyone out when when an asset breaks out as people then want a lower entry.
We were not far from Auburn last year when we typed about the below.
On December 29, 2012 at 5:58 am,
Dennis M. O’Neil says:
An open letter to Congressman Ron Paul
Dear Congressman Paul,
I offer this letter as an admission of being wrong. I have admired your fiscal and monetary leadership for as long as I have been aware of your message. However, I failed to support you as vigorously as I now believe I should have because of your foreign policy stances. I now know I was wrong.
I now look back to discover the reason why did I not “get it” sooner. I have come to understand. I still remember the texture and contours of the rugs upon which I was challenged to stand the army men of my childhood. These were the plastic men which were too big to fit into the vehicles proudly adorning white stars which accompanied them under the Christmas tree. I remember Audie Murphy’s reproduced heroics. I was on a team.
The wisdom of your words for years fell far short of convincing me your foreign policy was close to being even half correct. Maybe it was that you were outnumbered. Maybe it was the mocking ridicule opposing your words that made me feel I could not dare to accept your logic? Maybe I wanted to belong to the wrong you fought so long and uphill against? At some point the light of your truth wore me down. Perhaps it was wise words from forums like this. Perhaps it was a rainy day when I mistakenly was able to slip my feet into my son’s shoes to retrieve the paper. Whatever the exact moment was and is unclear. One thing is certain and for which I commend you. I would not now appreciate as fully the goodness of life without your dedicated service and persistent honest message to our country.
For your tireless efforts I thank you!
Cordially,
Dennis M. O’Neil
Reply to this comment
On December 29, 2012 at 8:43 am,
Matthew says:
Dennis, you might find this talk interesting:
Here is a link to a Thomas Woods presentation about monetary mayhem and war.
On December 29, 2012 at 11:39 am,
Dennis M. O’Neil says:
Thank you Matthew for the link to Tom Woods talk. Mr. Woods talk made me think about this some more.
I can remember in the mid 90′s watching Anthony Hopkins as Col. William Ludlow in “Legends of the Fall”. Then I could not understand why he became so agitated when news of the war arrived in the newspaper headlines and his sons wanted to join the fray. I thought it is understandable for him to be concerned but he was outright mad. Why was he not proud of their valor? I now know that the wisdom of Col. Ludlow’s life experience told him of the futility of the fight. He knew from experience the hype was again men engaged in economics by violent means.
Physicists seem to be always attempting to find the theory of everything on PBS. In Man, Economy and State Murray N. Rothbard brought together the structure of production, capital, pricing, rents to afford in theory the entrepreneur an optimum free market experience. This common sense approach has been largely ignored and completely ignored by spendthrift Western governments.
I try to figure out why common sense is so often abandoned for contrived complexity. Why was Dr. Paul’s career met with such disdain? Why was Ludwig von Mises not heralded? Why are the self-conflicting views of Paul Krugman trumpeted? Why is the nightmare of Obamacare not seen for the disaster it will certainly be? Why is our “carbon footprint” something to be concerned about? Why is our currency not a reliable measure of anything? How can anything be too big to fail? Why does the Constitution need to breathe? Why are we abandoning the common sense protections of The Bill of Rights?
The reason that most things violate the rules of practical common sense is that somebody is trying to control you. Apparently Col. William Ludlow knew this when his sons eagerly went off to war.
Reply to this comment
A link to the Thomas Woods presentation that Matthew referenced:
http://www.youtube.com/watch?v=yBCiMxuX9_g
A great presentation!
There is a huge difference between being attacked and “messing in other people’s affairs! Don’t you all think?
Germany’s unforgivable crime before the second world war,” Churchill said,” was her attempt to extricate her economic power from the world’s trading system and to
create her own exchange mechanism which would deny world finance its opportunity to profit. […] We will force this war upon Hitler, if he wants it or not. This war is an English war and its goal is the destruction of Germany. We could have, if we had intended so, prevented this war from breaking out without doing one shot, but we didn’t want to.”
To me, Matt, the big issue here has nothing to do with “extricating her economic power from the world’s trading system and to create her own exchange…” it has everything to do with her “social agenda”.
I am absolutely amazed that anyone would see it differently. (That includes, by the way, some very highly respected groups which I believe has many Catholics in it. And, I happen to attend Mass most every Sunday.)
Matt
I havnt seen anything about the germans before the war wanting to create their own exchange. Why not tho? I could see them thinking it usefull.
But I havnt seen anything of it.
“We will force this war on Hitler…” First ive heard of that too.
I know Japan was manipulated into it but I havnt seen evidence of Germany being forced into it….unless their talking of the treaty of Versi (sp)?
Could that be what Churchill is talking about?
Actually Matt, I had not heard that either.
edit… paragraph two should read, “It was a seductive ARGUMENT and it was, in hindsight, absolutely wrong”
As long as we have the current people in power (and they are put into power by even more powerful people behind them), the current status quo of the fractional fiat currency hegemony is not going to change. They have all the free money in the world to purchase real goods with. The ones that obey the central banks – look at Japan, printing faster than the USA, and look at India, using capital controls on precious metals against its’ own citizens. And those that do not obey the central bankers – these are the ones the bankers’ armies are at war with.
How long can this continue? Until the Powers That Be are ready for a change that benefits them and benefits no one else? What happens if gold breaks $2,000/ounce but the USA is at war, or reeling from an EMP attack or false flag attack? Will anyone care? We as investors wanted to be proved right in Austrian economics. There are concerned parties using all of their power and money to keep the current game going.
I remember what happened to the stock market after 9/11. It fell, and fell, and fell, and I was unable to get out of my 401(k) as it lost 50% of its’ value. I never recovered, even though Uncle Sam counted every penny as capital gains when I cashed in the 401(k) years later! The game is rigged against the little guy, and for the Too Big to Fail/Jail/Ignore banks. This is why I say Cash is King, and I’m not smart or lucky enough for stocks, even precious metal stocks.
Does anyone here actually think if their precious metal stocks go up 200% there won’t be new taxes imposed, or calls for nationalization by the host countries, or CEO/CFOs retiring and gutting the company back to zero? I wonder what we should do – hold tight to wait out the Powers That Be, or go to ground.
After Christmas there is bill-paying season, and after that is Tax Day. Get defensive. Get physical. And mind your taxes.
Mr Pace,
Why would you have to pay any capital gains tax if your portfolio was down 50% in value?
Cory,
Austrian economics is not catching on in politics because it advocates honest money and good credit–both of which are the antithesis of modern day political duopoly. .
Yes they certainly are the antithesis of modern day political duopoly!
Cory, you will have to replace Sen Mitch McConnell (Ky-R) with a Tea Party R in his upcoming primary if we ever hope to get spending under control. Also, until we kick Speaker of the House Boehner (Ohio-R) and other big government Rs to the curb in the House, Congress will continue to kick the can down the round.
The only thing I am absolutely sure of today bj is that the can will continue to be kicked down the road. It is simply the easiest (and I don’t mean the best) course of action.
FROM BOB MORIARITY’S 321 Gold – this is a MUST READ – everyone!http://market-ticker.org/akcs-www?post=227065
A great read Marc!
Sorry Bob – I misspelled your name…oops…:)
Thanks SD Marc. Great read.
Let me share a conflict I have as a Christian: If one suffers from having serious cretins who do nothing to better themselves within one’s own family (quite apart from what one might like to do to treacherous banksters, etc) what to do with said family members? Every human instinct within surely says to kick them into outer space. After all shouldn’t one’s house should be our personal fortress? And yet we’re enjoined to be ‘merciful’!!
What BM’s 321 piece is saying is that when certain leaders bring about the ruination of others if not of whole nations, shouldn’t we hang ’em high without so much as a flicker of conscience? The Old Testament part of me says Amen to all of that. Give lethal injections to any who are wilful imbeciles. But the New Testament side of me urges, or at least I think it does, restraint!
Jay Taylor’s magnificent Cicero quote speaks of the traitor as being the scum of the earth, and in a war situation wouldn’t we all cheerfully eliminate such people? But where does the traitor’s treachery end? Outright betrayal or a as for example in families when one member persists in eroding the wellbeing of another….shit like that happens at Christmas?
The trouble is that within any democracy, or any family, people are made up or stronger and weaker links. I’m reminded of the old shield wall tactics used by the Persian army and others who sought to stay strong by standing shoulder to shoulder. In Viking times there were even ‘shield-maidens’ who made up the ranks. A great idea in theory but you only had to have one or more members in that wall display a weakness and the cracks appeared.
Then of course there’s our own accountability. Those of us on Al’s site may be blessed with greater intelligence or insights. But we’re all accountable (sinners) to a lesser or greater degree. Silently we give tacit approval to the leaders we have, just as there should have been a tsunami of outrage when the whole QE debacle first got introduced.
Rage, anger, tolerance. guilt – those are just some of the emotions I find myself faced with!
Best, Andrew
Any thinking individual should be faced with these emotions, Reverend.
Warren Bevan on Gold. I am leaning toward his thinking:
We’re still in a holding pattern basically as we see if this is indeed a bear
flag or if we move above $1,220 and then $1,227 at the 21 day moving average
on strong volume I may reconsider.
Not all charts are perfect so there is a chance we could have a less than
perfect double bottom in place already but after such a large fall from $1,923 I
think we need a perfect double bottom here.
And all that said, I still see no sign of capitulation.
The perma-bulls are still talking their favorite metals and that tells me we
may need to move to, and likely below, $1,000 to really shake the tree.
A move like that with gold staying under $1,000 for days or weeks would
certainly see a large bout of selling and those always mark lows.
Time will tell and being able to have patience will put time on your side
and you’ll win a whole lot more.
Don’t you find it interesting, Bobby, that gold has remained as strong as it has though?
As a fundamentalist, no I am not surprised. Demand/supply still has some influence, even with all the paper out there.
Stewart Thomson says: “Click here: http://www.graceland-updates.com/images/stories/13dec/2013dec24gold1.png
That’s a weekly gold chart, and there’s what I would term a “commodity-style” double bottom pattern in play.
Commodity markets can create valid patterns that don’t quite meet the strict requirements of the Edwards and Magee handbook on technical analysis.
Whether the double bottom pattern on the weekly chart activates or fails, the fact is that gold is near three enormous support zones. It makes more sense to be a buyer than a seller when the price is so close to powerful buy-side HSR.”
I agree with Stewart’s approach in general. I also think we’ve seen massive capitulation. Volume and sentiment support this as do many of the comments that pop up here at the KE Report’s comment section.
If the perma-bulls really are “perma,” they won’t be shaken out at any price.
🙂
I agree with your final sentence Matthew.
If is a large word here!
Al, not so much a conspiracy as an overwhelming number of random acts of unbridled greed, graft and corruption among the power elite who have more love for money and power than one another.
Barclays fined $3.75m as 10 years of incriminating LIBOR chat messages “disappear”
Posted on December 28, 2013 by Joel Benjamin
On Thursday 27 December it was reported by Reuters that Barclays “accidentally lost” 10 years of instant chat message data, over the period LIBOR was known to be rigged, killing off any serious hopes of a prosecution for USD LIBOR manipulation
In the good old days people were prosecuted for destroying evidence.
Also, JPM and GS recently paid $billions in fines that cost them less than capital gains taxes! A bit of window dressing for show and tell, perhaps.
Kind of one and the same don’t you think BJ?
We want ‘healthcare’.
We have been duped to believe we want ‘healthcare coverage’.
The distinction will be painfully learned.
That is a great point, Dennis!
Excellent Jay Taylor quoting Cicero!
You are vilified if you protect against Cicero’s warning.
http://rinf.com/alt-news/breaking-news/dhs-insider-preparations-have-been-finalized-to-respond-to-a-crisis-of-unprecedented- magnitude-within-the-united-states/ of course if we go on to others saying that gold is indeed a bear market, it sure looks like that doesn`t. But if you look around its looks really grim out there in the real world, and not the fiction in the talking heads on TV. …. From that article above you have comments like …“ I don`t think anyone except the intiated few know the precise series of events or the exact timing, just a general overview and an equal general time period. I think we`re in that period now, as DHS has their planned responses finalized. Also, the *metals are important because it`s real money, not Ponzi fiat currency. The U.S. has no inventory of gold, so the prices are manipulated down to cause a sell-off of physical assets. China is on a buying spree of gold, and other countries want their gold back. The very people causing the prices to drop are the ones who are buying the metals at the fire sale prices. They will emerge extremely wealthy when the prices rise after the U.S. currency becomes wallpaper. A little research will identify who these people and organizations are.“ …… Now with that said I`m going to get attacked again by the paper bull banker guy, .. But why just look at gold/silver they are a horror show!!!! Get real its just smoke and mirrors its over. …. Then there`s been nobody on this site talking about the TransPacific Partnership except that Jeff Deist seems to be in favor of it, as does everybody else who has a stake in the corporations pushing for its enactment ASAP. http://www.digitaljournal.com/news/world/opposition-to-the-trans-pacific-partnership-explodes-on-twitter/article/364701 This TPP Treaty will gut the individual American like a fish. …. Then the passage of the new version of NDAA of 2014 by Congress will legalize the use of propaganda on American audiences. Counter-Intelligence on the Internet is now legal. Its now legal to LIE to the American people and get away with it, without any worry of jail time. Just who are we having, need to vote for anyway, since now its OK just to be the biggest lier ever, will be the one we vote for now. http://www.buzzfeed.com/mhastings/congressmen-seek-to-lift-propaganda-ban …. And of course its crazy thing to believe that there are evil people out there oh no, it can`t be. So there are some crazies cutting off some heads elsewhere in the world its not here, not yet anyway. …. Rockefeller attaches cybersecurity bill to NDAA 2014. http://rt.com/usa/rockefeller-cyber-ndaa-commerce-168/ and you all know he`s an OK guy, and so what that his family had alot to gain at the passage of the FED in 1913. And so what that David Rockefeller has only $17 trillion dollars, he worked hard for his loot, its the American Dream to be. At whose cost, everybody else. So the Queen of Endland has only $33 trillion dollars in wealth and owns 1/6 of the land on the planet earth, she earned it. …. Its amazing how many trillionaires there are in the world, yet so few know it. And of course we are in a bear market, gold is down, the physical is nearly all gone, but its still a bear market out there just the same.
oops misspelled its the Queen of England not the Queen of Endland, though its not a bad slip of the lip, given where most of the wealthest people in the world live there like de Rothschild at approx. $500 trillion dollars in wealth, and why not since its his bank scheme that`s at work in nearly every country in the world, and they are are screwed up for everybody except his chosen few.
Are you trying to put an End to the Queen….
What would Freud say?
Are you into dreams too.
No Jerry, I`m not wanting to get rid of the royal family, her people just might want to some day, the Irish would love them gone forever from their country though. … Have a happy new year. Cheers.
ditto ….Dennis….cheers and Happy New Year……….
If you were a student and you turned that paper in, you would get an A Dennis!
I looked at your articles D Brophy,
OK, they want to change copyright laws and make them enforcable in foregn lands.
Why shouldnt uncle Walt Disney keep the rights to our favorite mouse for a few hundred years?
Homeland security has everything aranged and planned when we have an “emergency”
I say, “its nice to know their preparred. Its for our own good”.
Hitler had his brownshirts why shouldnt the americans have their homland security?
Hitler had his Gestopo, why shouldnt the americans have their NSA?
Maybe the “dingbats” will get it right this time.
I wonder who the targets will be this time, not likely to be Jews, they got their turn and the americans back them big time,(possible wag the dog even) gotta be someone else is my guess.
No gold in the U.S.? 170,000 still unconfirmed and if they gonna take the entire country, couldnt they take our gold?
It would be nice if people bothered enough to inform themselves, but I honustly believe people prefer to be ruled, the word liberty is used in the US, laughably Jeferson is held high talking and writing about it, but I see that as a great example of americans not having a clue as to what it even is.
I think the psychopaths understand full well what it takes to rule, and anyone that is informed, believes in liberty for example, should get the heck out of dodge.
60 years ago the facists made their last big attempt, anyone disagreeing with them wise enough to get out of their way was glad they did. It will be the same this time.
They are better prepared this time too, maybe they will be successful. Who knows?
So where do you go when you leave Dodge?
Carson city?
Maybe Reno?
Interesting content……….:
Max Keiser does westminster. about an hour
I guess he is the most watched “television presenter” on earth.
Interesting he isnt ever talked about on Canadas cbc, tv or radio. Not that Im aware of anyway.
His 1 hour presentation is on his website today, he talks about Browns bottom. (mentioning just because people here like bottoms too)
I noticed some time ago, Canada was selling the same time Brown sold, its never mentioned as far as I know.
Anyway, Max is interesting at least for anyone with the time.
Agree b – MK is totally in command of his brief. And not a single MP attended despite each having been sent three inviters apiece!
Have you ever seen Max like this?: http://www.youtube.com/watch?feature=player_detailpage&v=_onv9-fHoEc#t=2253
What you mean half-smiling Matthew!!?
Andrew< your right, I have mentioned before and I ask now, What the heck can a person do?
I know there must be somthing, but as they say I could be the first to throw a punch as I may be the first to run out of ideas.
I am reminded of an old saying, "hanbg'em and let god sort it out"
And Im not a "god" guy and I figure I could go along with it that much anyway.
I think our as well as other people conversation should be changing from "talking about corruption bad polititians ndaa etc etc etc to What can be done?
I dont know if it ultimatly did any good, but a fellow built an orca balloon, in Japan, at an olympics? (some kind of event) anyway, he started an envirnmental move that grew pretty big. So, its possible even for 1 person to do somthing, but I will be darned if I can figure out what.
Maybe the Zeitgeist is right, its just a matter of conciousness.
b, thanks for your thoughts.
As far as I understand zeitgeist in the context of anyone with a ‘faith’, yes it does necessitate that such people become ‘free thinkers’. Of course to suggest that one can become a free thinker while subscribing to a faith determined by so-called orthodox boundaries immediately suggests that any such a person is a ‘heretic’ or ‘infidel’. Speaking for myself I would prefer to be called a ‘radical’ in that I struggle, feebly of course, to get to the radix or root of what Jesus was on about! Inevitably that means following a road less travelled, and of being treated by other Christians as either misguided or even dangerous!
Sounds to me Rev like you have a pretty strong belief. Blind faith is silly. Faith based on a strong foundation is serious.
b, ‘one word of truth outweighs the whole world’ said Solzhenitsyn. In answer to the vast question ‘what can one do’ one has only to think of such as Solzhenitsyn to see the power he wielded when compared to all those Soviet despots who looked invincible when they were alive. Putin’s another.
Maybe someone like Max Keiser is another such voice in the wilderness whose warnings will be noted in the annals of history long after the Blairs, and Browns and Clintons and Obamas are forgotten entirely.
We CAN do something even if we’re not in the league of the above or of someone like Nelson Mandela.
Well, if “free” thinking means, thinking for oneself as opposed to accepting what a person is told to think, I guess it is about “free” thinking.
What I take from the Zeitgeist is that human conciousness has to rise above profit and loss, hurting other things,envirnment,people nations etc for profit. A thinking of “when you win, I win too” we win together, we have to get away from winners and losers.
The thinking starts with, we have been “led astray” beginning with the religions.
That doesnt mean that the teachings of Jesus for example have no meaning, for me, they have even more significance, but not just decieved with religion, but pretty much everything. Maybe people finding out our polititians and leaders are corrupt, having proof etc from the advent of the internet, is the beginning of this “raising of conciousness”. I like to think so.
You are probobly right again, “one word of truth,spoken of especially when surrounded in darkness, has a value that may very well be difficult to measure”
Thanks Andrew.
Great point Reverend!
I know everyone is negative on the DOW and I sent this to Bob and this was written in 2010. This exactly whats going on….No bubble:
You see, the dirty secret you’re not hearing is that
many large U.S. corporations are actually hiring. The
problem is that they’re hiring workers overseas. As
well, they’re revamping their business models to inte-grate more technology that can replace humans.
What we are seeing is similar to what occurred during
the dotcom recession; an acceleration of free trade
dynamics, as more jobs are being shifted overseas.
Meanwhile, corporations are reconfiguring their opera-tions with a focus on cost-cutting.
As I stated in “It’s time to Face the Facts” published
more than a year ago, most of the jobs lost due to the
current economic collapse simply aren’t coming back.
The only jobs that will return are those no one wants;
low-paying, dead-end jobs with no benefits.
I cannot recall if I discussed it in America’s financial
Apocalypse, but I know that at the time I was writing
the book I was thinking that due to the affects of this
unfair trade, in the future U.S. corporations would have
a much larger impact on economic growth. That
means the stock market will serve much less as a
gauge of the economy for Main Street. We are already
seeing early signs of this trend right now.”
There is GOING to be a reset of some sort with the US dollar in terms of its position as THE reserve currency of the world. You DO NOT ABUSE that right so grotesquely as the USA has done is the last decade and a half – you just dont. Position yourself accordingly – end of story. You can have all the different opinions you want. You are MORE than entiltled to yours – absolutely! Make ‘money” too – in this fabricated, “sandbox” – marketplace…go for it. But, sooner or later – “POOF” IT will be gone – of that you can be sure. Hey, “happy” New Year….<).