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prljr - 2/25/2017 at 8:29 AM GMT
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 The Revenge of Comet Pizza
 - James Howard Kunstler - 
Why after all this time and accusation , in a city composed of lawyers have there been NO lawsuits filed to defend Comet kidderia? HMMMMMMMMMMmmm  
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Doom - 2/24/2017 at 8:14 PM GMT
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 The Revenge of Comet Pizza
 - James Howard Kunstler - 
To be fair, Milo resigned from Breitbart, he wasn't "bounced." The problem we have here is this takedown was choreographed across the fake media, as so many other choreographed assaults have been (have we already forgotten election night with the parade of women claiming to be attacked by Trump?). Meanwhile, Bill Maher said much the same and...no choreographed takedown. Lena Dunham says even worse and...no choreographed assault. Sarah Silverman says things at least as vile and...no choreographed assault. I don't think it's that much of a conspiracy theory to suggest why the media colludes to destroy some people and not others. On the other hand, the Pizzagate thing is a ridiculous conspiracy theory. It's every bit as ridiculous as a pedophile ring actually working in the showers at Penn State, for over a decade. Keep that in mind: if you dared say anything was going on in the showers at Penn State, you were destroyed. Because it was a stupid conspiracy theory. Just sayin'. 
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dennyc - 2/20/2017 at 7:36 PM GMT
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 Alan Greenspan renews gold advocacy, Part 2
 - Michael J. Kosares - USA Gold
Believe it - Greenspan is as dumb as he looks. I'm slightly puzzled as to why the author would use Greenspan as a source for anything. Even a cursory glance at Greenspan's handling of our economy during his tenure would be enough to convince most anyone to flee when ole Alan begins throwing out advice. He can always be counted on for stating the obvious in such a way that it sounds like sage counseling (His one attribute and a negative one at that!) and when the smoke clears anyone who followed his 'wisdom' can be found holding a bag full of you-know-what. 
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DRGEORGE - 2/15/2017 at 1:24 AM GMT
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 Yet Another Wall Street 'Witch's Brew'
 - Gordon Long - Market Analytics
I'm not an American but if I had a vote I probably would have voted for DT as the alternative was much worse. My biggest concern about DTs policies is his attitude to free trade. Logic and history tells us time and time again that free trade increases wealth, the opposite destroys it. Erecting trade barriers and starting trade wars will surely not resurrect American manufacturing and the US, like all the ageing 1st world, NEEDS young people (i.e. immigration). Sadly, I think DT will be blamed for pressing the accelerator on what was always going to be a train wreck of a US and world economy. Hold on tight everyone! 
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J. - 2/13/2017 at 12:52 PM GMT
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 Left Behind  (3)
 - James Howard Kunstler - 
Perhaps Secretary DeVos's primary purpose will be to dismantle the Dept. of Education. Woo Hoo! Stop wasting money on ineffective education that really is just warehousing and indoctrination. Let parents decide what is best for their children. The flight to the suburbs that you have often decried, and forecast its demise, was largely fueled by families' desire to raise their kids in a better environment than the blighted inner cities. Better schools was a huge part of that. The Dept. of Ed. managed to ruin that by ensuring that no child got left behind. The only way the government can ensure that no child is left behind is to hold everyone else back. The greatest must not outperform the least. A very altruistic socialist ethic. I think teachers, the ones who care about teaching not a paycheck, will welcome deregulation. They will no longer be told by the government what they can and cannot say, what is appropriate. What standard of education is required to pass a class. Teachers will be set free to teach the kids who want to learn, and expel those that disrupt the process. (And these teachers will get paid a heck of a lot more in a private system than as government employees). 
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DRGEORGE - 2/13/2017 at 12:50 AM GMT
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 Amazon Plans Robotic Supermarket Staffed by 3; Chinese Factory Eliminate 90% of Humans, Defects Drop 80%  (4)
 - Mish - Global Economic Analysis
200 years later, the spirit of Ned Ludd lives on - except sam_site doesn't want to smash the machines - he just pretends they aren't there! 
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sam_site - 2/10/2017 at 5:22 PM GMT
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 Is a Global Wide Cash Ban Coming?
 - Phoenix Capital - Gains Pains & Capital
The war on cash is the the result of the 2008 massive redemptions of bank CDs as the herd panicked for the exits and cashed out. That's the real reason there's a war on cash. The banker's worse nightmare is a bank run by the herd when they no longer can suppress interest rates, gold and waning confidence in the fiat "funny money" system. India made bank runs far more difficult by allowing only the equivalent of $1 dollar bills in circulation. Clif High predicts the bank run stampede starts on the Ides of March. Beware https://www.youtube.com/watch?v=JEYFsxfmnmo  
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sam_site - 2/10/2017 at 5:11 PM GMT
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 Amazon Plans Robotic Supermarket Staffed by 3; Chinese Factory Eliminate 90% of Humans, Defects Drop 80%  (4)
 - Mish - Global Economic Analysis
All this hype about robots taking over our jobs is complete bullsh*t. Our globalist controllers want us to invest and create robotic workers to replace us because the 7500 million people on the globe intimidate them as they are vastly outnumbered. Of course they would prefer obedient machines that never rebel and possibly unite against them. Use your common sense, do you like using a voice mail menu? Do you like using an automated checkout? Would you get in a driverless cab? Robots can's feel or see and in fact they can't even think or make judgements like humans. They're dumb and are just pre-programmed calculators using a table look up program. Don't be fooled by the globalist bullsh*t they are constantly trying to manipulate us with in their fake news. They want us to believe technology has made these fantastic advances when it's just their usual fake manipulation.  
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kevthorne - 2/10/2017 at 11:59 AM GMT
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 How to stop the Depression  (6)
 - Antal E. Fekete - Gold University
And then do away altogether with the 'get something out of nothing' (ie: not working for it) lunatic's idea of 'interest'. Take out a loan today, and you'll get charged 'interest' at some arbitrary percentage, decided only by the lender. The fiat money to pay the interest is not created; only the principal is. So begins the contraction of currency supply. On a gold standard it follows naturally that interest cannot be charged on a loan, because unlike fiat currency, gold cannot be created from nothing, so the 'interest' shenanigans won't work. Human nature will always want a free lunch - guess that's why the finances are in such a mess, now. 
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Answer To :dom1971 - 2/10/2017 at 1:28 AM GMT
A manual financial reset like this? I'm no expert but I can't imagine such a move would be wise.

Firstly, anybody with prior knowledge of such an event would be able to accumulate free assets limited only by their borrowing capacity. We would have a cacophony of corruption and abuse preceding the "event" that dwarfs what we're seeing nowadays. This can't just be "sprung" on the world economy, it needs discussion and planning and that means some people will know beforehand. For interests sake lets imagine that it can.

Effectively this move instantly transfers all wealth from the creditors to the debtors. Every creditor would almost certainly be facing bankruptcy, while every debtor would find themselves instantly wealthier. Everywhere from the mega (international) scale right down to the individual.

A century or so of absolute financial idiocy would likely ensue. At the private level we've taken all the assets from financially experienced individuals and entrepreneurs and put it in the hands of monetarily-challenged folks who need to borrow to survive. On the international level its the same. Taking wealth from hard-working nations and giving a clean slate to nations with poor productivity/consumption ratios - or worse still making them the new creditors (at least for a time).

What of the people? The poor would of course remain poor, since they do not (and cannot) hold much debt - they stand to gain little but will lose much in trying to survive the crisis. The middle classes will get their home loans written off so there will be little motivation for them to be productive - they'll retire early on masse and create a serious gap in the educated workforce worldwide. The rich will remain rich because they have capital. The banks would mostly perish in flames or close up shop and flee such catastrophic turmoil.

But that's OK... the new world order will free up capital and make it available to the poor... how? We just destroyed every bank and lending facility on the planet by stripping them of their debt assets. What's more the very idea of "investing" into creating new ones becomes incredulous - who the heck would ever want to start a lending business in a world where financial resets are the new norm?

But lets step back even further and look at the new global system as a whole. The current (albeit hugely flawed) system of fiat currencies is based on debt. Money is born in debt because a promise is made to (create the productivity to) eventually repay it. The "promise to pay the bearer..." printed on each note, well that was written off with all the other debts too. Not to mention the reserve bank making that promise is quite possibly insolvent/dead too. Without the platform of debt there is nothing holding up the "value" of the paper currencies floating (pun intended) around the world. Dollar bills, Deutschmarks, Francs etc. become (even more) meaningless pieces of paper. When people realise that then it will matter not what preceded it. Debts denominated in currencies of no value have no meaning, no matter who holds them.

We may as well just cut to the chase and just implement a gold standard. The fiat currencies will die a slow death as it gathers momentum. The fiat debt will die with them, only without the turmoil of an "overnight reset". The parasites that sucked the world dry through the fiat system will detach from their host and die.
 
Gypsy - 2/10/2017 at 11:21 AM GMT
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 Nothing to Lose - Mr. Trump  (3)
 - Captain Hook - Treasure Chest
Perhaps there's some background activity going on Captain. There might be a flurry ~ no ~ a blizzard of information being thrown at Trump by his advisers (Reince Priebus, Stephen Mnuchin, etc) that runs PRO Bankster/PRO Wall Street/ANTI America. Just because ~ during the campaign ~ Trump said he was taking NO money from Corporate Special Interests (because he will represent OUR interests) doesn't mean he was telling the truth. After all, each one of Trump's chosen cabinet members represents a Corporate Special Interest. 
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dom1971 - 2/9/2017 at 11:28 PM GMT
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 How to stop the Depression  (6)
 - Antal E. Fekete - Gold University
A manual financial reset like this? I'm no expert but I can't imagine such a move would be wise. Firstly, anybody with prior knowledge of such an event would be able to accumulate free assets limited only by their borrowing capacity. We would have a cacophony of corruption and abuse preceding the "event" that dwarfs what we're seeing nowadays. This can't just be "sprung" on the world economy, it needs discussion and planning and that means some people will know beforehand. For interests sake lets imagine that it can. Effectively this move instantly transfers all wealth from the creditors to the debtors. Every creditor would almost certainly be facing bankruptcy, while every debtor would find themselves instantly wealthier. Everywhere from the mega (international) scale right down to the individual. A century or so of absolute financial idiocy would likely ensue. At the private level we've taken all the assets from financially experienced individuals and entrepreneurs and put it in the hands of monetarily-challenged folks who need to borrow to survive. On the international level its the same. Taking wealth from hard-working nations and giving a clean slate to nations with poor productivity/consumption ratios - or worse still making them the new creditors (at least for a time). What of the people? The poor would of course remain poor, since they do not (and cannot) hold much debt - they stand to gain little but will lose much in trying to survive the crisis. The middle classes will get their home loans written off so there will be little motivation for them to be productive - they'll retire early on masse and create a serious gap in the educated workforce worldwide. The rich will remain rich because they have capital. The banks would mostly perish in flames or close up shop and flee such catastrophic turmoil. But that's OK... the new world order will free up capital and make it available to the poor... how? We just destroyed every bank and lending facility on the planet by stripping them of their debt assets. What's more the very idea of "investing" into creating new ones becomes incredulous - who the heck would ever want to start a lending business in a world where financial resets are the new norm? But lets step back even further and look at the new global system as a whole. The current (albeit hugely flawed) system of fiat currencies is based on debt. Money is born in debt because a promise is made to (create the productivity to) eventually repay it. The "promise to pay the bearer..." printed on each note, well that was written off with all the other debts too. Not to mention the reserve bank making that promise is quite possibly insolvent/dead too. Without the platform of debt there is nothing holding up the "value" of the paper currencies floating (pun intended) around the world. Dollar bills, Deutschmarks, Francs etc. become (even more) meaningless pieces of paper. When people realise that then it will matter not what preceded it. Debts denominated in currencies of no value have no meaning, no matter who holds them. We may as well just cut to the chase and just implement a gold standard. The fiat currencies will die a slow death as it gathers momentum. The fiat debt will die with them, only without the turmoil of an "overnight reset". The parasites that sucked the world dry through the fiat system will detach from their host and die.  
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Answer To :bogza - 2/7/2012 at 9:11 PM GMT
How to stop the Depression?
The answer is very brief but accurate - declare the 2012 Jubilee for all.
It means to forgive all debts to each other and start from scratch.
Biblical economics.
 
kevthorne - 2/8/2017 at 11:43 AM GMT
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 Gold Jumps, GLD Expands 4 Days Running, as Greek Debt Crisis Returns for Maastricht's 25th Anniversary
 - Bullion Vault - 
The 25th anniversary of the Maastricht Treaty signing, coincides with the UK's opt-out clause expiration date, exempting her from joining the common currency, now known as the Euro. The choice for her this year was clear: either drop Sterling and join the Euro, or get out of the European Union - Mr. Cameron our Prime Minister, last year gave the public the dubious 'benefit' of a referendum - and got out of the dilemma rather handily. 
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ranbotrader - 2/7/2017 at 3:16 PM GMT
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 Cut, Don't Reform, Taxes
 - Ron Paul - 
If you are genuine, and I suggest you are anything other than this, then put forward what is needed: an end to the top raping the economy FOR ITSELF. That pretty well is half of the battle. If you want to make the system fair then: 1. close ALL tax loopholes. These are only there for the wealthy to squirrel away their money. 2. make all tax shelters ILLEGAL. This will force multinationals and the wealthy to pay the mandated rate of tax, not export income. This is fraud by any other word! If governments want to put inducements into the tax system then they need to think out how this is going to be abused. The rich will always find ways and means. If there are stringent rules and penalties for those who abuse the system then the system will have credibility. Currently it is a joke. The current calls to lower company taxes to 15% will be the final nail in the good ship (American) Titanic. This will cause it to sink. But never mind.....I am betting that the wealthy bring it on because their greed is more important than the nation itself. Oh by the way Ron.....WHO funded your election campaigns when you were in politics? The taxpayer you claim? I know but kindly tell the readers. 
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Gypsy - 2/7/2017 at 1:04 AM GMT
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 An Informal, Anti-fake News, Counterfactual, Reality-optional Biography of President Donald Trump, a.k.a. “Wayne Newton”  (4)
 - James Howard Kunstler - 
James; the dance lasted longer than contestants. I don't get it. 
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according - 2/5/2017 at 6:15 AM GMT
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 The Purpose of Decadence and the Pleasures of Coercion  (5)
 - James Howard Kunstler - 
have a beer jimmy. relax. dat ski aint fallin. Mainly what’s happening is the running down of fossil fuel based techno-industrial economies. thats bullshit and you should know it. join us for a better view. we welcome your whit and laugh at your bullshit. love, jon 
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Doom - 1/27/2017 at 8:01 PM GMT
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 US Consumers to Pay for Wall: Trump Plans 20% Border Tax on Mexican Goods
 - Mish - Global Economic Analysis
Trump is new to political theory and thus is ignorant of the concept of "unintended consequences." While this isn't a good sign, it's not that much worse than our veteran politicians who know how unintended consequences work, and enact bad/ineffectual policies anyway. 
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