Gnomes Can't Slay Inflation Dragon

June 20, 2008

Elaine Meinel Supkis

As the world struggles with central bank-created inflation, Mother Nature delivers one blow after another in agriculture. The Horn of Plenty is in trouble! In the US, the choice between candidates continues to vanish as now Obama endorses NAFTA as well as more Zionist wars. Also, the Chinese dragon warned us to NOT use 'protectionism'. Or they dump the dollar. As I predicted in the past: they have us by the short hairs. They own us. 170 hedge funds have been dragged back into the Cave of Death and are now a pile of bones. being crunched by the demons there. And talking about dead things, the ruling elites are very tempted to have their inflation vanish via savaging the working classes even more. A dangerous choice, very dangerous. 'Let them eat inflation,' is what Marie Antoinette said.

From 321 Gold: Dr. Fekete tackles the subject of inflation yet again:

I am driven to distraction by the constant reference to inflation by people who are talking about an increase in prices. How is it possible that the implausible falsehood that inflation is caused by rising prices has gained such traction?
*snip*
Inflation is, and can only ever be, too much money and credit chasing too few goods and services. It can either be caused by the extension of too much money or credit, or it can be caused by goods and services disappearing. As the latter can only be accomplished by government degradation of the currency, then it is really the same thing. Inflation is government creating money and credit over and above the supply of goods and services. That is it; it really is that simple.
*snip*
If the price of one good rises then the price of another good or range of goods must fall. Rising demand does not lead to a general rise in prices... not unless governments inflate the money/credit supply. Rising demand in one area can only be accomplished by falling demand in another area. Rising prices here equals falling prices there.

Dr. Fekete is one of the better analysts online. Inflation is a queer beast like any of the many creatures that come out of the Cave of Death. Most if not all of the creatures from this place are dangerous. All of them eat wealth when unleashed. They are sleep when things are in balance. Only when humans are tempted to grab all the wealth in the Cave of Death, do these creatures waken. One of the greatest operas written is the Ring Der Nibelungen cycle by Richard Wagner. Here is a scene from 'Siegfried' via You Tube:

The dragon is awakened. Siegfried kills it and thinks he won. But he won only his doom for when he gets the Ring of Power it controls SEX as well as money and power. And it is too potent, too powerful for mere humans. This puts Siegfried in the path of dying gods and elder goddesses and elemental forces he cannot control and they all kill him and destroy everything in Götterdämmerung.

Back to inflation: it is a major dragon in this cave. Always, the central bankers announce to us, they will go into this cave and slay the Inflation Dragon. But they are like the dwarves in the Ring cycle: they are the companions, the feeders of this dragon! They are the ones who waken this dragon in the first place! And when they stride into the Cave of Death to slay it, they instead turn on the Working Class Siegfrieds and run a spear into the back of this class of heroes. Then the Inflation Dragon eats them. Or so it is hoped by the gnomes who do this.

One of my other themes is about the true guardian of the Gates of Death as well as the Cave of Wealth: Libra. One of the oldest goddesses, next to Mother Nature, of course. She allows us humans to get something from the Cave of Wealth but only after we answer the riddles of her neighbor and friend, the Sphinx. Really smart people, when they approach Libra, notice that Pegasus is with her, invisible yet full of energy, ready to fly to the very Heavens. Smart people figure out the riddles of the Spinx then, when Libra asks what they want as a reward, they say, 'I want to ride Pegasus to the Heavens!'

Then the Divine Horse lifts them above the ordinary and takes them to the Muses where one can learn how to either dance, sing, make music, paint pictures, carve statues, write poetry, etc. In other words, one becomes a CREATOR. Which is the gift of Life! It is the Golden Apple of the Sunrise, it is the Rainbow Bridge to Valhalla. It is the Garden of Eden of the soul! It is worth more than all the riches in the Cave of Wealth! Indeed, this is recognized by the gnomes who will use magic money they get the other way to buy up history's supply of creative wealth. The beautiful, wonderful things created by people who refuse to take gold from the Cave of Wealth and Death...the ones who don't desire wealth! They create the true wealth which is more important that all other things.

Look at how inflation has moved into the art world. Prices have climbed to the very heavens even as the value of all other assets collapse! Even now! The ultimate store of value is from the people who ride Pegasus, not by people who make deals with dragons from Hell.

Back to inflation: Libra must balance all things. So when the Inflation Dragon wakens, first, it grants the gnomes great wealth as inflation rages in property or artworks, etc. The bidding war for the gorgeous goddesses who are tall and haughty also goes up and up. The price of prostitutes shoots up, too. Look at poor Spitzer! Heh. And his goddess was not very high in the sisterhood of lusty, money mad women! Yet he paid an astonishing price so he could lark with her! Trump is so much a gnome, he has to offer half of his wealth to get fashion models to touch his scaly skin!

The Inflation Dragon will give these 'blessings' in order to lure its prey into its maws. Then it EATS all the value of the assets and mistresses, etc. All are devoured and end up WORTHLESS. EVEN GOLD. Yes, even gold can be devoured by this beast! Then it is loose and full of energy and proceeds to eat all the food and energy on earth. People starve to death. People freeze to death. As the Inflation Dragon heartlessly devours whole nations, entire empires, people wonder, 'How on earth did this happen? Where did this thing come from???' And the gnomes in the banking and government systems who woke it up so they could have sex with flashy, tall, demanding females all shudder with fear. 'We didn't wake it up!'

So off they go, grasping their spears, their swords called 'Notung' [Suffering] in hand. The ruling elite male gnomes all gather each summer in California in the Bohemian Grove to pray to the Great Owl who is their god at the Gates of Death who lets them in. The final event at the annual Bohemian Grove coven meeting is praying to the Owl as they sacrifice 'Care' or 'Suffering'. These gnomes all pray to the Owl for fancy women to have sex with them and adore them. To do this, they all need money and power. Again, we see the logic of the gnomes which leads to the destruction of Valhalla.

Fortune: Obama: NAFTA not so bad after all

The general campaign is on, independent voters are up for grabs, and Barack Obama is toning down his populist rhetoric - at least when it comes to free trade.

In an interview with Fortune to be featured in the magazine's upcoming issue, the presumptive Democratic nominee backed off his harshest attacks on the free trade agreement and indicated he didn't want to unilaterally reopen negotiations on NAFTA.

"Sometimes during campaigns the rhetoric gets overheated and amplified," he conceded, after I reminded him that he had called NAFTA "devastating" and "a big mistake," despite nonpartisan studies concluding that the trade zone has had a mild, positive effect on the U.S. economy.

Does that mean his rhetoric was overheated and amplified? "Politicians are always guilty of that, and I don't exempt myself," he answered.

Obama says he believes in "opening up a dialogue" with trading partners Canada and Mexico "and figuring to how we can make this work for all people."

Generally speaking, the tallest candidate for President wins. Kerry was taller than Bush but the media cooperated with both Skull and Bones coven members and always had Bush on a small platform of both men were sitting when seen together. Lies were told about Bush's height. This is why all the gnomes wish to have sex with tall women. Bush's mother is tall, for example. Obama is tall. He will probably win since McCain looks and acts like a gnome married to a slender, tall woman. Indeed, he divorced his previous wife when she went from tall and lithesome to losing several inches due to surgery after a bad accident.

Obama is going to win so all the gnomes are hammering on him to change him to their image. He will endorse all the things they desire. Every last one of them. Of course, they are very scared that the price of paying for the Inflation Dragon will be taken off of their hides! They want the ravages of this monster to be confined to the lower classes, the workers must be eaten! Wages must DROP, not rise! Then, inflation will fade as it finds nothing to eat since everyone is now starving or freezing to death. End of story. Obama's reward will be his entry into Valhalla. They did this for Powell. He endorsed illegal, amoral invasions in the Near East and in turn, his son was elevated to higher positions and everyone praised Powell in the media. Then, when he developed some scruples, he was unceremoniously dumped into the slums again along with his son and all other family members. No longer is he their golden slave!

But they hope Obama will not betray them but rather, join them in this despicable game. So here we are: no real choices. Except the McCain gnome is a holy terror so Obama is still the 'better' choice. But not a revolutionary change choice. Nor will he rock any ogre boats.

Bush meets with Chinese vice premier, lauds strategic economic dialogue

(Xinhau) Bush said he was also glad about the agreement reached at the SED meeting to launch negotiations on a bilateral investment protection accord between the two nations and hoped to see positive results from the negotiations very soon.

The president made it clear that trade protectionism is contrary to the interests of both China and the United states and both sides should stick to open and fair principles on trade issue.

HAHAHA. And the Chinese roll onwards! This did NOT make American news! Silence is golden. As I predicted long ago, the insulting show Bush put on, being very nasty to President Hu last year when he visited was all fake. It was for show. To make Bush look big in the US, to make Bush look like he was an emperor who could shove around the ruler of China.

HAHAHA. Fake! Arrest Bush for lying! Bush first sent his envoys crawling to the Dragon of China, begging for money, begging for wealth, begging for workers, begging for loans! And China laughed and granted some of the wishes. China is on top now. China and Japan now openly, not secretly, make accords that strengthen China. The failed attempt at taking over Tibet has failed and the US is very exposed in Asia. The loss of face in that matter was not for the Chinese to suffer but for us. The Tibetans now know they have been betrayed. The hot talk about boycotting the Olympics has faded as Bush personally invites the Chinese to sign papers giving them even more power over the US. They won each diplomatic round! Amazing, isn't it?

This is due to wealth: they hold our money, they hold our debts. They control us. They are our bankers along with Japan. Isn't this pathetic? At least Obama isn't stupid like Bush. He has the wit to know what he is doing when he betrays us.

Washington Post: Paulson To Urge New Fed Powers, Bank Would Help Police Wall Street

Treasury Secretary Henry M. Paulson Jr. plans to call today for the Federal Reserve to be given new, explicit powers to intervene in the workings of Wall Street firms to protect the financial system, adapting his vision of how the financial world should be regulated to reflect the lessons of the collapse of Bear Stearns.

"Our nation has come to expect the Federal Reserve to step in to avert events that pose unacceptable systemic risk," Paulson plans to say in a speech today, according to prepared remarks obtained by The Washington Post. But the central bank "has neither the clear statutory authority nor the mandate to anticipate and deal with risks across our entire financial system."

This is ridiculous. The central bankers had the power to force up reserve ratios. They had the power to PUNISH banks that gave out too many loans. They could correct things by raising interest rates when inflation was already rampant. But they didn't. So how is giving them more power going to fix that? They refused to stop the mess at the beginning. They denied there was even a problem. They still refuse to analyze of explain what is going on. So how can they regulate anything? They encouraged the growth of the Derivatives Beast until it passed a quadzillion dollars! And they made no move to slow down money creation. They should be abolished, not strengthened.

Raw Story: Record number of Japanese elderly kill themselves over poor health, money woes

The rash of elderly deaths helped push the country's overall number of suicides to 33,093 in 2007, a 2.9 percent increase and the second-highest annual tally on record, the National Police Agency said in a yearly report.

Japanese aged 60 and over were the fastest growing age group among suicide cases, jumping by 987 last year to 12,107 deaths, an increase of 8.9 percent from 2006. The age group made up 36.6 percent of all suicides in Japan in 2007.

The number of elderly suicides eclipsed the previous record high of 11,529 in 2003.

Health trouble was listed as the reason in 56 percent of the elderly deaths last year and economic worries were second, figuring in 15 percent of cases, the study said.

"For those aged above 60, economic and health reasons were closely linked. The figure underlined the fact that many old people were financially struggling, which could easily cause poor health," Masahiro Yamada, a sociology professor at Chuo University in Tokyo.

This is our future unless we stop this madness. Inflation rages because the government creates massive debts via public spending. And both Democrats and Republicans are madly voting for more and more and more spending and less and less taxes and all Presidential candidates are talking tax cuts. This is total insanity and has driven me up the wall for years.

Is the LEI Biased Upwards Because of Mammoth Decline in Fed Treasury Holdings
by Paul Kasriel

Since the Fed has opened up all of its different "facilities" to provide reserves to the financial system and destigmatized borrowing from the discount window, more and more reserves have been injected via these facilities. So as not to lose control of the fed funds rate on the downside, the Fed has had to "sterilize" these massive reserve injections via the facilities by reducing its outright holdings of U.S. Treasury securities.

There are some good charts with this story and I have heavily amended them to show better how things work:

Manufacturing has shrunk since 2000. We had a false bubble based on transforming manufacturing profits via value-added labor coupled with the creation of consumer goods and turned it into sterile palace building. Building McMansions. Houses are not profit centers except when loans are being handed out like candy and debt is building up. But these dwellings are losses except if one moves to a cheaper place! Since we must live somewhere, it pays to have a nice home that preserves our health and shelters our children. But we have to spend a lot of money on upkeep not to mention, labor. This is not a basis for an economy in the modern world!

US exports have grown but not enough to make up for the losses in manufacturing power. We lost manufacturing in the Dot Com collapse. And never got most of this back! A terrible mistake. Whose manufacturing grew? China and Japan! Both flourished since 2000. Both export heavily to the US. Both followed cheap currency rules to enable this. Both lent more money to the US so we could build McMansions rather than compete with them in world markets.

The Federal Reserve is hemorrhaging Treasuries. What happens when they have $0 reserves? I joked for years that the Fed is neither Federal nor has reserves. Now it will be certainly true. This is a total failure of the Fed and they want more power? HA. All the graphs show things are totally out of control now. This is why we have to have an honest conversation. For the FBI to be arresting hell hounds and pirates for lying about hedge funds while all this rampant lying about the condition of our banks that are really totally bankrupt: arrest everyone! I am horrified at the double standard. We can't fix things if the liars who are lying to us today are allowed to lie even more. Honesty, they like to say, is vital if we want this nightmare to end. Then they lie about themselves and their involvement in all this!

Pimco's Gnome wants inflation to fix prices!

Paul McCulley: Mr. Kohn:
Misery Is as Misery Does

Americans are working more hours for the same barrel of oil. That is a negative real terms of trade shock. Put differently, we are less rich or more poor than we were before oil prices took off. There is no getting ‘round this. In turn, there is no escaping collateral adjustments of temporarily higher inflation and temporarily lower growth and employment. The question of the hour is how this pain should be apportioned. Last week, Fed Vice Chairman Don Kohn provided the right answer, presuming there is a right answer (my emphasis):

“… an appropriate monetary policy following a jump in the price of oil will allow, on a temporary basis, both some increase in unemployment and some increase in price inflation. By pursuing actions that balance the deleterious effects of oil prices on both employment and inflation over the near term, policymakers are, in essence, attempting to find their preferred point on the activity/inflation variance-tradeoff curve introduced by John Taylor 30 years ago. Such policy actions promote the efficient adjustment of relative prices: Since real wages need to fall and both prices and wages adjust slowly, the efficient adjustment of relative prices will tend to include a bit of additional price inflation and a bit of additional unemployment for a time, leading to increases in real wages that are temporarily below the trend established by productivity gains.

I was preaching the raw, honest truth: a surge in oil prices raises the Misery Index, temporarily lifting both inflation and the unemployment rate. In turn, those outcomes beget lower real wages and, presumably, lower real profits, too. We are less rich or more poor – period. Thus, those who holler and scream at the Fed for letting the inflation genie out of the bottle need to calm down. A negative terms of trade shock is a real shock, so it must be translated into lower real wages and profits. That simple and that painful. Logically, it also must be translated for a time into lower, even negative, real short-term interest rates, the rate of return on money.

This guy is crazy. We have had sub-inflation rate interest rates for manufacturers and investment banks that are far, far below the rate of inflation since 1994! Thanks to the Bank of Japan and then, the Federal Reserve! This is the CAUSE of the bubbles that are now popping as rancid inflation infests all the lowest levels. Fixing this with even more sub-inflation level loans will make things worse and worse, not better! The workers have not had any pay raises to make up for inflation since 1994 and in many cases, not since 1984! This is due to 'free trade' which means cheap labor overseas in China or cheap yen in Japan enable to drop prices competing in markets in the US which made inflation 'disappear' for two decades. But it caused our trade deficit to soar out of sight and out of sanity's reach. It now averages nearly a trillion a year! An impossible sum.

NO ONE should yap about inflation without mentioning this stark, violent truth: OUR TRADE DEFICIT IS NOW OUR INFLATION. It started out as a killer of the Inflation Dragon. The gnomes took their Free Trade sword and told us, 'We will slay the inflation dragon with competition and price cuts!' And instead, they slew the American Workers! What a shock. And the Inflation Dragon they sought to kill ended up growing stronger, not weaker! It didn't die! It not only lives, it is very strong, very vigorous. And the solution?

Obama now wants more 'free trade.' This is because the New York Times, the Washington Post, the major TV station owners like Murdoch, all of them want 'free trade' and if he is against free trade, he will be slain! So he is joining them in this madness.

Times Online: Force of credit crunch made plain as 170 hedge funds crash in three months

Traders who have sold sterling heavily as part of a gamble that interest rates would fall have been hit by a swing in market sentiment amid widespread worries that the next move in interest rates from the Bank of England will be up.

One hedge fund manager said yesterday that his fund's returns for the year to date had been all but wiped out by the switch in sentiment. He said it had been a test of nerves whether to sell out at a loss or hold his position. The situation has started to improve in recent days, he added.

Last night I went through my past postings here. I was gratified to see a headline I wrote predicting the death of nearly all hedge funds! Last March, it was crystal clear to me that the yen/yuan/dollar games were turning toxic and the carry trade would end by summer and this would kill all the hedge funds who make money by playing these markets! HAHAHA. And I correctly said that it wasn't just housing that was going to kill the hell hounds. It was the international money games changing course. This is why all the efforts of the G7 have been aimed directly at restarting the Asian carry trade! They whined about a lack of 'liquidity' even though we are awash in red ink.

Things will get worse, warns Bank of England governor Mervyn King

In his most sombre message yet, Mr King said families were being squeezed hard by higher electricity and food prices on the one hand and slowly-increasing wages on the other.

He told Alistair Darling and leading City dignitaries in London that the experience would be even tougher than the credit crunch, and warned that the "era of cheap mortgage finance... is over".

Mr King said: "This year our real take-home pay will rise at a slower pace than national productivity. Rising fuel, gas, electricity and food prices, mean that average real take-home pay will stagnate this year.

If worker's wages don't go up and inflation eats up all savings as people go into debt to stay alive, of course, housing will drop in value since there is less income to spend on loans for bankers to sell! And cheap mortgages will be over, of course, as central banks have to raise interest rates to stop hyper-inflation. For the workers cannot eat all global inflation forever if the bankers insist on creating more and more magic Funny Money™. This is IMPOSSIBLE. As well as ludicrous.

There is only one cure for this: the US must STOP SPENDING MONEY. We must stop having record trade deficits. We have to stop having record budget deficits! We have to stop burning our future by driving SUVs we can't afford to drive. We have to change ourselves totally. And to do this, we need leadership. Instead of spending a trillion dollars to secure Iraq for Exxon Mobile who are now moving in to make profits there, we do not need more oil from Alaska which flows to Japan, anyhow, we need a new society based on rational uses of energy! We need to spend a trillion on renewable energy systems. We would be HALF WAY to energy independence if only we did this starting with President Carter! The man we revile even today for being too sensible.

The man the media has deliberately attacked or ignored. The media wishes he would just go away and not do the right thing. We want to get more gold from the Cave of Death even if this starts WWIII.

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Comments

[Jojo]

"We must stop having record trade deficits. We have to stop having record budget deficits!"
The choir rises up and rejoins with, "Let it be so, sister."
Meanwhile outside the church, the viral epidemic of inflationary madness rages through the markets as the peasants stagger and clamor for more from nothing, and politicians scream magical spells of superstition to keep the four horsemen of the plague from entering the gated community.
In these dire times, all hope is focused on the new Pope, who is preparing himself with expensive excecutive posturing, denouncing public financing of his crusade, while conducting devil-in-the-details policy making in the dimly lit sacristy.
As the gates begin to crack open the soothsayers and the naysayers curse their collective fates of being stuck in the same GD gated community with everyone else doing the dance of madness.

[Elaine Meinel Supkis]

Amen, Jojo. Now let us sing together, 'Oh Come All Ye Savers'.

[Druffkin]

Elaine, there is a peculiar form of brilliance in your writing. And I too love the cartoons. I read everything you write these days.

I'm just wondering - in the midst of this backdrop, what will prompt China (and central banks in general) to finally cease their incessant purchase of our debt? According to Setser it appears buying has *accelerated*. Yet in May 2008, China's exports to the US were a mere 18% of total *exports*. If Japan will screw its middle class to keep down the Yen and keep rates low, would that not imply their own capitulation only in the event of a riot? And if a Swiss bank account is no longer safe, I wonder where a poor soul is to put his/her hard earned savings to maintain its value. Ironically, I am thinking about allocating more to my own brokerage account, with the rest in a broad array of non-US currency. If you had any light to shed on this, it would be greatly appreciated.
[Apologies for the repeat]

[Elaine Meinel Supkis]

China is buying US compliance. Note in my story that Bush has dropped all pretense of resisting China and is now treating China like Japan! This is a MAJOR VICTORY for China. Note no one is talking about forcing the yuan to be stronger. No one is talking about protecting the US with tariffs and other barriers!

Obama capitulated yesterday, too. He know that we are TRAPPED. We can't change direction but must follow this path to sevitude.

We could change this by cutting back energy imports dratically, stopping our stupid war spending and retreating for a while to heal our finances. Since no one in power plans to do this, you can place your bets on the proposition that the status quo will hang on for a while longer. That is, if we don't have more wars.

Bin Laden and Geronimo's ghosts are thinking quite hard, how to force us forwards in this business of going bankrupt.

[calvino]

I suggest the Honorable Dennis Kucinich for your running mate Mr. Obama. I do not make this suggestion lightly. There will no longer be any inducement for Hildabeast type of analogies between your and Bobby Kennedy's campaign. You get what I am saying. And appoint a presumptive cabinet, so that Americans, including myself, will support you with money. We will turn out Nov 8 in numbers that have not been seen since 1960. And ask Russel Feingold to be the presumptive Secretary of State, for additional safety. You will be stunned at your support. It is not possible for the media hack whores to ignore the Democratic candidate, and the crap smear campaign will not work again. The future is yours for the taking, and it is bigger than you. I do not say this with derision. Follow your ideas and dispense with any illusion that your personal presidency is more important than the ideas you represent. That would be real glory.

[whine and cheese]

I like how the Fed dogmatically sticks to the theory that, over time, wages drive inflation.

Clearly, these akademic wankers have never been to the third-world... or maybe, just maybe, there's an agenda at hand...

[rockpaperscizzors]

Western banks rush for Japan's samurai debt
Capital-starved American and European banks have unleashed an unprecedented “gold rush” into Japan’s samurai debt market as their traditional sources of funding around the world run dry.

In what is already shaping-up as a record year for yen-denominated debt issuance in Japan by foreign banks, the likes of Royal Bank of Scotland and UBS have now made preparations for huge bond sales.

Citigroup is currently placing around Y187 billion of samurai debt...UBS issued Y91.5 billion in a samurai debt offer which closes next week
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4181748.ece

Japanese banks usher in new era of aggression
http://business.timesonline.co.uk/tol/business/markets/japan/article4180375.ece

"Samurai" debt?, what the hell is that? Elaine, there must be a parable invoved with the Caves of Death and Wealth.

Fun facts about samurai: The Taihō Code classified Imperial bureaucrats into 12 ranks, each divided into two sub-ranks, 1st rank being the highest adviser to the emperor. Those of 6th rank and below were referred to as "samurai" and dealt with day-to-day affairs.
Kamakura Shogunate and the Rise of Samurai.
Originally these warriors were merely mercenaries in the employ of the emperor and noble clans(kuge). But slowly they gathered enough power to usurp the aristocracy and establish the first samurai-dominated government....
http://www.jref.com/glossary/samurai.shtml

[rockpaperscizzors]

Elaine, I've been mulling over the 'sex goddesses' and the gnomes...all day. How would you classify Jacqueline Bouvier Kennedy Onassis, Eva Peron', and Diana Spencer Windsor?

The Kennedy's rise of wealth was thru bootlegging and JFK was considered handsome. After JFK's death, As for Aristotle Onassis, he resembled an ogre. Onassis was born in Karatass, part of the Ottoman Empire (now İzmir, Turkey). His family loss their wealth after WWI and entered Greece as refugees. He became a billonaire via owning commercial ships, tankers and whalers and Olympic Airways. Juan Peron's family were farmers whose family was partly Scottish and Italian, and Juana Sosa, of Spanish descent. He entered military school at 16yrs of age and was groomed for ascendency via coups. As for Charles, who looks more like a troll with those huge flopping ears than a gnome. His ascendency into power and wealth via birth into a monarchial aristocracy. I once read that Diana's lineage intermingled with the Rothschild's. She did produce 2 handsome sons. The royal family bumped her off and Charles and Camilla, his first 'love' whose homely face resembles a horse's behind married.

It seems to me that the sex goddesses always lose out in the end. They marry hideously ugly OLD wrinkly men, have sex with the gnomes(shudder), procreate little gnome offspring, are carted around to be shown off as the newest trinket, and then are tossed aside like a used napkin for younger versions or left to be swallowed up into the Cave of Death.

[Buffalo Ken]

rockpaperscizzors, that is how the game goes. Rocks beat scizzors, paper covers rocks, scizzors cut paper -- ain't it something like that.

[Elaine Meinel Supkis]

Lady Spenser's family goes way, way, way back and the Princess was much more English royalty than the Brunswick German kings and queens who took over after Queen Anne. The British Crown was desperate to have 'real blood' when they pushed the goofy prince who was a cad, on the poor girl.

Jackie Kennedy was 'old royal' too. The Kennedys, by the way, were upper strata Irish/Scots and the Irish/Scott connection is very strong in these things because the red haired tribes were all charioteers and tall, etc.

The same with the Ukranians who are the same type and the Nazis kidnapped their chidren to raise as 'perfect Aryans'.

But humans don't breed in closed groups or they get many horrible diseases [we see this clearly in many Jewish communities, for example]. The handsome princes seek out ugly but rich and connected wives and beautiful princesses marry many a toad in the hopes of power and glory for her beloved sons. Etc.

This makes for amusing outcomes. The Dukes of Austria, the Babenberger clan of the Middle Ages, were tremendously handsome and beautiful. All of them were killed in vast wars across the planet.

They were replaced by a clan that became the high royals of the Holy Roman Empire. These guys needed money badly and married ugly but rich. They had the funniest noses and all the jokes about ugly princes and queens are referring to the Habsburgs.

[whine and cheese]

The samurais are all mailmen now in Japan. I'm serious.

[GK]

They live in a different world than 98% of the real America.

Does this sound at all like where you live in post-industrial upstate New York?

http://www.comradesimba.com/blog/?p=4

I’m going to call it a welfare backwater. Middle of nowhere, no factories or manufacturing to speak of, and nobody is running a shovel except one out of 642 on the road crew. The video stores do alright, quickie marts abound, the walmart is full of shoppers and the dog groomer is open for business. I also am beginning to believe this is the real America. Get on any two lane state highway and spend an afternoon traveling in a random direction and that’s what you’ll see - town after town of a whole bunch of nothing but village centers empty of anything but gas stations, banks and video stores. On the way out of town the glitz of the new walmart/lowes complex arises like the Emerald City - surely I’m not the only one who wonders what powers and feeds this behemoth.

[Elaine Meinel Supkis]

GK, from 1840-2000, my dear town of Berlin was a MANUFACTURING BASE. We had not only several factories, we had many active farms. Berlin had enough wealth to build a big school. It had a marching band, fire department, doctors, lawyers, one of the first free libraries in America. It had several hotels, hardware stores, pharmacies, a professional base ball team back in the 19th century, it was a very cultural as well as business hub!

Then it began to die in the Great Depression. It had a good revival from 1960-1985. Modern businesses expanded and grew. They had over 5,000 workers.

Then IT COLLAPSED TOTALLY. Every one of our businesses were put out of business by free trade or they moved to other countries. Outsourced themselves with their headquarters moving to Albany Airport where they received the goods they once manufactured in Berlin.

Our town was utterly slain by Free Trade and it pisses me off. We went from rush hours when the factory whistles blew to ghost town in short order! I sit on my mountain and watch the town's lights literally going out. Abandoned businesses and houses are everywhere.

[Elaine Meinel Supkis]

By the way, even the video store closed here. My son and his friends used to ally there after school, helping the manager, a nice man, putting things away, etc in exchange for game rentals. The social fabric that has been vaporized has left our youth here without summer jobs working at the hotels, etc. The hardware store closed last year and now I can't walk to it to get nails or screws.

The factory that produced wooden toys and furniture now makes firewood. This requires 5% of the previous working force. The greenhouses run by Seagrotte are now nearly totally closed. Only 10% of them are operational now. The rest sit silently on the hillside, staring blankly down upon our dying village. The free library is open only 12 hours a week now. It used to run 6 days a week, 9-7. School kids used to work there to gain experience. Now it requires volunteers to even keep open these few hours!

[Richard]

Elaine you write: "There is only one cure for this: the US must STOP SPENDING MONEY".

Well .....

Yes and No.

First there must come a financial emergency, that is a systemic financial failure event to "make the US stop spending money".

Then comes the solution, the enforcement of the provisions of the Security and Prosperity Partnership Of North America, the SPP, where the North American Competitiveness Council, the NACC, and associated working groups appoint stakeholders to oversee the "rational" use of the continent's natural resources and manage capital investment, commerce, trade, and the factors of production for the benefit of the combine.

Then comes the Liquidation of Debt, yes Elaine, government services and payments, public and private debt of all types, and unfunded retiree payments, are going to be liquidated, that is done away with.

[Buffalo Ken]

Here's a slogan:

How about a clean slate? Come on People, its time to liquidate!

I betcha I could come up with a good cartoon to go along with this...not as good as Elaine's cartoons, but she has more experience than me....

Peace,
Ken

[Paul S]

Re the 'Financial emergency': what WILL it take to awaken people from their sleep? Or should I say stupor? Even a mildly engaged electorate would have been up in arms DEMANDING change long ago. But no, we STILL have fools calling up the Limbaughs and the Hannity's swallowing every bit of garbage these corporate shills vomit out each day. Absolutely amazing. These folks are going to be walking to their jobs in the Chinese labor camps STILL claiming it was those darn government liberals who caused this mess. But who knows? Maybe the Chinese will knock some sense into them. Or, maybe they will just continue to play their Xbox games in between watching "The Jerry Springer Show". But then they will have to find time to read "The National Enquirer".

[GK]

Elaine, thank you for the poignant and tragic confirmation of something that seems almost impossible to believe.

Do you have any information or opinion on the involvement of this group in any of this?

http://www.scottishrite.org/prospectives/aboutsr.html

The Ancient and Accepted Scottish Rite of Freemasonry is commonly known as the Scottish Rite.

Degrees
Lodge of Perfection

4° - Secret Master

Duty, reflection and study are the gateway to opportunity, as such one honors those relationships to God, family, country and Masonry. The apron of the 4th degree is white and black, with a letter "Z" and all-seeing eye. The jewel of this degree is an ivory key with the letter "Z" on the wards. The teachings: secrecy, obedience and fidelity.

16° - Prince of Jerusalem

We learn "heroism of patience, the nobility of self-sacrifice" and compassionate judgment, along with charity, fidelity and brotherhood. This crimson apron is edged in gold and aurora-color, and with a square, shield, Delta (with three YODs), balance and a hand of justice. The jewel worn is a mother-of-pearl lozenge with a hand holding a balance in equipoise; under it a sword with five stars surrounding the point. On the left is a Hebrew D, on the right is a Hebrew Z.

33° - Inspector General Honorary

The Thirty-third Degree is conferred by the Supreme Council upon members of the Rite in recognition of outstanding work in the Rite or in public life. At its biennial session the Supreme Council elects members of the Rite to receive the Degree. Members unanimously so elected become honorary members of the Supreme Council. The Thirty-third Degree may not be requested, and if requested must be refused. The Degree is granted solely out of recognition for outstanding services. These 33° Masons are Inspectors General Honorary and honorary members of the Supreme Council. The active members of the Supreme Council are chosen from among them. The cap for an Inspector General Honorary is white with a white band edged in gold, featuring the symbol for this honorary Degree, a red slanting Patriarchal Cross.

[Elaine Meinel Supkis]

The 2 Bushes are 33 degree Masons.

Masons started out as revolutionaries 250 years ago. Now, they are ruling elites or support tyranny. This is a classic 'rot' that happens to all revolutionary societies.

[Buffalo Ken]

hey i wonder if these scottish fools know there are some trees they will never see through...be the change you want to be...

[Buffalo Ken]

don't please mess with me unless you want to learn something....

[GK]

Buffalo Ken, bless your heart, but I have to ask you about your website where you did a lot of work in June cleaning up your website and "Most of it involved simply removing my own "gibberish" "

Have you considered composing your essays in a word processor and then pasting them into a Flesch-Kincaid grade level analysis tool like this?

http://www.editcentral.com/gwt/com.editcentral.EC/EC.html

You seem to have a great vision for humanity and, with all humility, believe your message could be better understood through clarity.

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