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Gary

Funny story;

A few years ago a concrete contractor and
his wife were having a bitter dispute.He
snuck over her place in the middle of the night with one of his trucks and filled up
her SUV with concrete,blowing out all four
tires and utterly destroying the vehicle.

Funny how oil prices are now doing the same
thing to all the SUV's now. They may as well
all be full of concrete now.

Market Watcher

Looks like the "hedge funds" are getting set up to buy up the banking system -

https://www.ft.com/cms/s/0/d697e2c6-43d4-11dd-842e-0000779fd2ac.html

"The Federal Reserve is considering making it easier for private equity firms to take large stakes in banks, without being subject to existing restrictions and commitments, as part of efforts to encourage capital-raising in the troubled US financial system."

The hedgies aren't willing to buy up the banks unless they have a free and unregulated hand afterwards -

"Olivier Sarkozy and Randal Quarles, two senior Carlyle executives, expressed dissatisfaction with these (governmental regulatory) limitations in an article published on the Wall Street Journal website on Thursday, saying they were “far stricter than necessary”.

They said: “Private equity is ready and willing to step forward in large amounts – restoring lending capacity, encouraging efficiency, and protecting the taxpayer. The Federal Reserve and other banking regulators can help remove obstacles to this important pool of capital.”

Market Watcher

The URL in my last post was truncated -

https://www.ft.com/cms/s/0/d697e2c6-43d4-11dd
-842e-0000779fd2ac.html

Elaine Meinel Supkis

Yes, these pirates will come in with Japanese carry trade loans and run things. Great. Just what we need. NOT.

Gary

Private funds taking over banks

Private "contractors" taking over the military

All outside accountablity getting drained
from the system. All "outside" in general
getting cloned/drained/sanitized by the
borg/system. Nothing is to be left "outside"
especially concerning thoughts/opinions.

Barracks O-BOMBA now saying he'll vote for the spying bill protecting private corporations cooperating with private government spying on the public---and all things public getting rapidly privitized.Even the Nat'l Parks.

Everything becoming inscribed/sealed up
by hidden code. Inscrutable code. All divisions/bulkheads of things getting fused together.Religion/state,work/play,police/military,home/work, etc etc. Everything going into a perfect seamless black hole where there is no escape and no "outside".

But I guess even black holes dont last forever.Sooner or later they blow up and
diversity returns. "God" becomes "gods". Maybe God himself blows himself to pieces due to sheer boredom with his holy perfection and starts all over again.

Maybe, in the END is
God, NOT the beginning as we've been lead to
believe by the bible.

Sorry for the wild ideas. But hey, these are
WILD crazy times for the few of us that were
hit by lightning--wheather metaphorically or literally.We cant seem to be programmed in the least by our borg. Resistance may be futile for most but programming is futile for
some of us.

Cheer up all of us. This grand sub-conscious
dream of the P.T.B will not succeed. The attempts may be damaging but nature demands
diversity and will always get her way.The
garden will return. Not the perfect "garden
of Eden" but the garden with a million differnt varieties of flora/fauna

Vive le diversite.

GK

Then when the Hedge Funds are done extracting their fees from the Yen Carry Trade Loans and have finished partying with them, the loans will of course default, and guess who owns the US financial system?

Domo Arigato Gozaimashita!

Elaine Meinel Supkis

No, BANZAI, BABY!

GK

HAHAHA! Tora, Tora, Tora, Banzai, Baby!!

Here is something else to think about:
One Gallon of Gas in 1970: $0.25
Price of 1/4 Oz Silver Quarter: $0.25

One Gallon of Gas in 2000: $3.11
Price of 1/4 oz Silver: $3.11

Price of commodities has not changed at all in the last 4 decades. Federal Reserve Notes have simply turned to toilet paper.
==============

WHY DOES IT COST 16 FEDERAL RESERVE NOTES TO BUY A US 1 DOLLAR SILVER EAGLE?

BECAUSE A CURRENCY IS BEING USED TO PURCHASE MONEY. THE FEDERAL RESERVE NOT IS CURRENCY, NOT MONEY. THEREFORE IT IS 1/16TH OF A US CONSTITUIONAL 1 DOLLAR!!

IF YOU WANT TO KNOW HOW MUCH REAL MONEY YOU HAVE, COUNT UP THE FACE VALUES OF YOUR GOLD AND SILVER, AND THAN IS HOW MUCH MONEY YOU HAVE.

PAPER CURRENCY THROUGH OUT HISTORY IS AND HAS NEVER BEEN MONEY, IT IS THE GHOST OF MONEY!

Must watch: FIAT EMPIRE

https://video.google.com/videoplay?docid=5232639329002339531

Elaine Meinel Supkis

True, GK. The trick is, many other things made greater profits over the years. Real estate, for example, shot up. If you don't burden it with debt, it makes real profits when sold! For example, my Brooklyn Brownstone in Park Slope went from $37,000 to $2.5 million in this same time frame. WOW.

A Monet painting from 1885 went from $350,000 to $80 million in that time. So many things shot up and up. The 'rare' metals actually were the weaker performers during this time, worse: both gold and silver collapsed in price badly and then utterly stagnated for 80% of this time frame. Anyone investing in them had to wait FOREVER for this to improve. Only in the last 5 years have things finally looked up. This is the danger of statistics. If you choose to compare a valley with a peak, you see great profits.

But if you cut the time frame even slightly, the stagnant character is painfully obvious. Gold and silver didn't grow for DECADES compared to housing, stocks or other things one could invest in.

GK

Mission Accomplished. Oil is at $144/barrel per the request of our Saudi billionaire buddies.

https://www.uruknet.de/?p=m45470&hd=&size=1&l=e

In a 1998 interview, Osama bin Laden — the terrorist organizer of 9/11 who still roams free — listed as one of his many grievances against the U.S. that Americans "have stolen $36 trillion from Muslims" by purchasing oil from Persian Gulf countries at low prices. The real price of a barrel of oil should be $144, bin Laden demanded.

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