C I R C L I N G THE D R A I N

POSTED BY: out2theblack
UPDATED: Wednesday, January 7, 2009 02:08
VIEWED: 2163
PAGE 1 of 1

OUT2THEBLACK

Friday, December 5, 2008 9:40 PM

Cat Wars are a fun diversion and all , but there's more important stuff to consider :

Epochal Transformation Accelerates as
Global Financial Matrix Disintegrates

Now that the genie is out of the bottle, worldwide economic, financial and political events will proceed with the inexorable force of destiny. The forthcoming changes, shifts and breaks with the past that are delineated below do concern the unsavory business of WHAT, positively, will not be brought into the future. This is of critical importance. Why? Because those who do not know, and understand, and heed history, are always, always forced to repeat it.

I. As we all sat back and waited for this year’s October Surprise, please know that it came a little bit early this year on September 15th which will forever be known as PITCH BLACK MONDAY. Actually, the entire month of October was set up to be a series of Black Monday’s, as well as every other day of the week shaped up to be. It’s really a good time to brace your self since this year’s election cycle, and beyond, will bring with it a whole new season of surprises. Things like the beginning of the end of FIAT money – the real root cause of all our financial problems and economic ills. This foundational flaw, together with all of the multi-layered financial/economic/accounting mechanisms and schemes that have insidiously crept into the system, are the ‘not talked about’ institutionalized culprits and structural deformities that really need to go. Without them, the perps wouldn’t be so tempted to stack the deck against us all the time.
The only legitimate currency is that which is backed by GOLD, or some other precious commodity that is universally valued, and issued directly by the US Government, not a privately owned, organized crime syndicate like the FED. Debt driven, fractional-reserve banking – the real bane of global finance – will then be banished from the planet forever, along with the overlords of disaster capitalism, institutionalized usury & loan-sharking (e.g. World Bank & International Monetary Fund), as well as their economic hitmen. Finally, the central organizing principle of modern society, and especially Western Civilization, will no longer be: maximizing shareholders’ wealth.
The writing is on the wall: THE FED IS DEAD. And so is the Fed’s collection agency – the IRS. The FED has obviously been on extreme life support since September ’08, and the only compassionate response is to let it go peacefully into the sunset. Perhaps we should organize a simple taxpayers’ revolt, not too unlike those that occurred prior to the American Revolution, to bury this beast forever. When the people do wake up, and realize that the Federal Reserve Note that they carry in their pocket is exactly that – a note (i.e. debt, obligation, debit, commitment, instrument of indebtedness), things will start to get REEEEAL interesting !

II. Another little surprise will come in the form of an announcement that goes something like this: The USA was conceived to be a CONSTITUTIONAL REPUBLIC, not a democracy by plutocracy. Or corpocacy, or oligarchy/synarchy, or crony capitalism or any other ism/cracy/archy they have tried to foist upon US. The founding fathers would be absolutely horrified to see the “mob rule by the privileged elites” into which this once great nation has degenerated. Every political philosopher knows that democracy, when sufficiently dumbed down and unduly influenced by the moneyed ruling class, will always devolve into a despotic tyranny. Therefore, the wholesale exportation of our fraudulent notion of democracy, and its supposed freedoms (to buy, buy, buy after watching the boob tube hucksters), by the political and corporate classes must be reconsidered. And it will be soon, on a new channel during this “Fall” season’s new lineup! Stay tuned ---
The recent presidential election, incidentally, is perhaps the most flagrant example of how the US constitutional republic has been suspended (at the very least, once every 4 years, right?). Just as much as the voting populace has been susp

FREMDFIRMA

Saturday, December 6, 2008 1:22 AM

Actually that train has been driven just a tiny hair off it's original course - if folks keep pushing it sideways, wisely, this can indeed still be averted.

Of course, that whole post is best summed up by a single sentence.
"This is of critical importance. Why? Because those who do not know, and understand, and heed history, are always, always forced to repeat it."

Gee, that sounds awfully familar, doesn't it ?
Look down.

-Frem

It cannot be said enough, those who do not learn from history, are doomed to endlessly repeat it

OUT2THEBLACK

Sunday, December 7, 2008 9:09 PM

Knew that I'd be able to count on you !

The other folk are oddly silent , though...
Are they somnambulant ?

Thanks for noticin' , and for bein' out on the edge !

Usually , the quote , or its various iterations , are attributed to Santayana , but the concept is pretty ancient...

Put another way , there's nothing new under the ( Blue ) Sun...

CHRISISALL

Sunday, December 7, 2008 9:15 PM

The times they are a changin'.

Change & growth are a painful business.

Here's to a little discomfort!!

The eyes only Chrisisall

FREMDFIRMA

Monday, December 8, 2008 12:22 AM

Actually while it's in mind - this may interest you.

Milwaukee neighborhoods could print own money
http://www.chicagotribune.com/business/chi-talk_moneydec03,0,2902061.s
tory

Cue shrieking, threats, confiscations and arrests by the powers that be as their pathetic ragpaper "currency" comes under fire again and again as people lose the blind faith required to support it.

-F

OUT2THEBLACK

Monday, January 5, 2009 2:08 AM

http://www.informationclearinghouse.info/article21605.htm

" Is It So Difficult To Understand The Financial Crisis ?

Many have expressed to me that they are overwhelmed by the complexity of the global financial tsunami and are absolutely confused as to how to prepare and survive the crisis.

When I explained in simple terms, they refused to accept the explanations as to them “it was too simple. It must be more complicated as otherwise how can the crisis become a global fiasco?

Consider the following and my simple explanation:

1. financial engineering: new ways of gambling

2. Investors: gamblers

3. Stock & Futures Markets: casinos

4. Financial Analysts: casinos’ salesmen / women

5. Bonds: I.O.U's.

6. Banks: Dishonest Money-lenders (actual money-lenders licensed not as banks, but as money-lenders, cannot create “money out of thin air”. They have to use their own capital – 100% to lend)

7. Currencies / fiat money toilet papers

8. Derivative markets: ponzi scheme

So many people have difficulty accepting my explanations as the simple reality. This is even after the recent exposé of the US$50 Billion fraud by Bernard Madoff, the former chairman of NASDAQ. He declared to the FBI, that his scheme was essentially a Ponzi scheme (i.e. using one set of “investors’ money” to pay off an earlier set of “investors”).

Banks worldwide have collapsed!

Why?

Two reasons – (i) they gambled at the casino and lost trillions and (ii) almost all their borrowers that borrowed huge sums (leveraging 30 times or more i.e. if a borrower has $1 million capital, he can borrower $30 million) have defaulted.

Common sense tells us that if our income is only $X and we borrow 30 times in excess of $X, there is no way that we can repay the debt, unless our gambling bets pay out in excess of 30 times the original amount of $X."

GEEZER

Monday, January 5, 2009 2:23 AM

Who is T. Anthony Michael that he should be considered the expert? Could you provide a link to the original source of this article?

"Keep the Shiny side up"

DREAMTROVE

Monday, January 5, 2009 5:59 AM

Sorry, 4,000+ words of financial analysis. As I financial analyst for 10 years almost nothing came across my desk that was deep and insightful. I think to convince people to invest time in a post, you need to build up slowly, a small summary, and then a link to the article. People are busy. No offense.

OUT2THEBLACK

Tuesday, January 6, 2009 12:07 AM

Quote:
Originally posted by Geezer:
Who is T. Anthony Michael that he should be considered the expert? Could you provide a link to the original source of this article?

"Keep the Shiny side up"

Nope...

Sorry , it came to me as an email forward...

Expert or not , it's probably thought-provoking for folk inclined to think about it...

My experience is that folk tend to ignore 'experts' anyway...

OUT2THEBLACK

Tuesday, January 6, 2009 12:12 AM

Quote:
Originally posted by dreamtrove:
Sorry, 4,000+ words of financial analysis. As I financial analyst for 10 years almost nothing came across my desk that was deep and insightful. I think to convince people to invest time in a post, you need to build up slowly, a small summary, and then a link to the article. People are busy. No offense.

No offense intended...

Yup , folk are busy...That's one reason there's so much material there...So that Folk don't hafta go looking for it...

I'm not going to spoon-feed anyone , especially not the brain-donors or the somnambulators...

That's why it's right there...Folk can take or leave it , according to their own inclinations and preferences...

If they're lazy , they can just skip it...

DREAMTROVE

Tuesday, January 6, 2009 12:20 AM

o2tb

Not lazy, busy.

I'm on a crusade against information overload, so I thought I'd post it. My own posts are long and tedious.

Any segment should be summarized with the key points in <200 words. Just out of respect to your fellow browncoats. Otherwise, you end up with a debate of only the unemployed.

Notice the length of posts by Rue and Chris. We should all strive for this.

Whozit is not short, because he contains links with no summary. The summary shouldn't be a total synopsis, it should be the 200 or less words worth saying on the topic, followed by the article or a link to it.

BYTEMITE

Tuesday, January 6, 2009 1:47 AM

The War part mentioned the War on Aids, though I didn't see it explain how that's a sham. Is that trying to imply that efforts in African nations are actually attempts to keep black people down? Or is it saying it's like the other "wars" we're pretending to fight and not doing near enough about, or going about entirely the wrong way?

I kinda skimmed it... What I saw I agree with, though it's kind of doomsday, and I think I agree with everyone here in wanting to know about the source before determining whether this is sensationalized or not.

I'll probably go back and read more carefully, see if I can't find other things to comment on.

EDIT: Reread it, my agreement is more firm. The last paragraph kind of gets a little too metaphorically rhetoric for my tastes in this kind of writing. Hard to take it as seriously when people do that, although I'm right there with the sentiment.

If the public doesn't want a complete collapse, we need to move and seize back some control before the government, corporate interests, stock marketeer gamblers, and others practicing untrustworthy business take everything from us. Because they will. They're that greedy.

DREAMTROVE

Tuesday, January 6, 2009 2:25 AM

I'll have to go back and read the article now.

AIDS scam in Africa is a big problem. It works something like this:

An african country has a high HIV population, for which it has to buy drugs. Those drugs are expensive even at a discount, to the point where they can't afford it, so they need to borrow. The leader often gets to keep a portion of the loan, because it's larger than what he needs. So, if he's corrupt, it's to his advantage to keep it running, the drug companies can make a profit, and the banks can collect interest endlessly. In addition, the debt generated is insured, if there is a default, then the IMF can force the govt. to liquidate natural resources. While awaiting this, the lender collects on the insurance, then the country is raped for the cash, if it fails to pay, then we can enter into "debt forgiveness" where fools or taxpayers send money to help this poor african country which really just bounces right back to the bank of Dubai or from whomever the money for the drugs was initially borrowed. It's possible in this scheme, if the bank is invested in the drug company, to actually get triple their money back on the loan. The size of the loan is dependent on the size of the need, which is dependent on the rate of HIV infection. If you increase the number of HIV cases, you increase the profit.

The whole situation is built on an earlier model of third world scam, which was contract scam. Send a corporation into a third world country. That company wishes to do business, usually harvesting resources, and taking them from the country. Buy the right junta or govt, and pass laws allowing foreign ownership of resources. Now declare the urgent need for infrastructure, such as a railroad. Have your govt. take out a large loan from someone connected to you, or from you, to build the railroad, and then hire you to do it. You subcontract the actual work, make a profit, and then start running your business that was paid for already by the govt. Now you've already gotten most of the loan back, but it's also insured, which you may be able to collect on, you're collecting resources, and the govt. is paying you interest on the loan of the money which it paid you to built the railroad.

My brother is full of case files like this, I recall the first major one to spill was the ITT case, hence the railroad, but there have been dozens since. The HIV case is just one in a whole line, but it has an added level of yuck to it, because encouraging the spread of the disease is actually profitable to the operation.

DREAMTROVE

Tuesday, January 6, 2009 4:15 AM

Okay, o2tb, I'm actually taking the time to read this.

Quote:
Cat Wars are a fun diversion and all , but there's more important stuff to consider :

Actually, they're essential :)

Quote:
Epochal Transformation Accelerates as Global Financial Matrix Disintegrates

I hope you allow me editorial comments. These are merely offers of ways to make the article more read, and more understood, they are not criticisms except in the literary sense.

I'm liable to make comments.

Quote:
Now that the genie is out of the bottle, worldwide economic, financial and political events will proceed with the inexorable force of destiny. The forthcoming changes, shifts and breaks with the past that are delineated below do concern the unsavory business of WHAT, positively, will not be brought into the future. This is of critical importance. Why? Because those who do not know, and understand, and heed history, are always, always forced to repeat it.

Strunk and White. It's an important text we should read often.

Quote:
I. As we all sat back and waited for this year’s October Surprise, please know that it came a little bit early this year on September 15th which will forever be known as PITCH BLACK MONDAY. Actually, the entire month of October was set up to be a series of Black Monday’s, as well as every other day of the week shaped up to be. It’s really a good time to brace your self since this year’s election cycle, and beyond, will bring with it a whole new season of surprises. Things like the beginning of the end of FIAT money – the real root cause of all our financial problems and economic ills. This foundational flaw, together with all of the multi-layered financial/economic/accounting mechanisms and schemes that have insidiously crept into the system, are the ‘not talked about’ institutionalized culprits and structural deformities that really need to go. Without them, the perps wouldn’t be so tempted to stack the deck against us all the time.

I called this far out, but then, I was a financial analyst for many years, exactly when the credit economy would implode was obvious to me about two years out, and I have to say I found the timing very humorous.

Quote:
The only legitimate currency is that which is backed by GOLD, or some other precious commodity that is universally valued, and issued directly by the US Government, not a privately owned, organized crime syndicate like the FED.

Okay, I said I wouldn't argue, but I'm going to restate a point Ron Paul made during the campaign: The physical backing of the new currency must be "semi-precious" and not "precious." Paul is often toted as Mr. Gold Standard, which he was in '88. In '08 he said, and I'm paraphrasing: Any precious metal or similar limited commodity as the basis for currency leaves itself open to being cornered. For instance, if our economy was based on gold, and Communist China owned two thirds of the world's gold, we would be screwed. Semiprecious commodities which cannot be created, counterfeited or cornered should for the composite of stable currency.

Quote:
Debt driven, fractional-reserve banking – the real bane of global finance – will then be banished from the planet forever, along with the overlords of disaster capitalism, institutionalized usury & loan-sharking (e.g. World Bank & International Monetary Fund), as well as their economic hitmen.

Ideally. It would be best if we obviate them, or allow them to believe that they are winning, let them get all of the fiat currency, and none of the true currency, and then they can be quadrillionaires, like the guys in zimbabwe, and with any luck, buy a banana with that.

Quote:
Finally, the central organizing principle of modern society, and especially Western Civilization, will no longer be: maximizing shareholders’ wealth.
The writing is on the wall: THE FED IS DEAD. And so is the Fed’s collection agency – the IRS. The FED has obviously been on extreme life support since September ’08, and the only compassionate response is to let it go peaceful

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FREMDFIRMA

Tuesday, January 6, 2009 10:20 AM

O2B tends to cover it well enough that I rarely expound or add comment - and my side of this is a more humanist/anarchist angle to the same thing, effectively.

Except if I was gonna compare anything to the "Ring of Power", it'd be Government itself.

-F

DREAMTROVE

Tuesday, January 6, 2009 1:54 PM

Yes, long gone Liminocity posted this a long time ago. About the ring.

The ring is power, Tolkein make this clear.

CANTTAKESKY

Tuesday, January 6, 2009 3:39 PM

I agree with the identified problems, but not with the predicted solutions.

War, for example, will NEVER end. Neither will poverty or death.

BTW, not somnabulant here. Just moved to an apt here in Peru that is far from cell towers (son's health is improving), but has no internet. Gotta go to an internet cafe every so often to check email and stuff.

--------------------------
Dr. Horrible Karaoke

DREAMTROVE

Tuesday, January 6, 2009 4:00 PM

Internet cafes are very useful. I used one while homeless in budapest, it's where I learned neurochemistry and cured myself, something the medical establishment could not do. Now I know, it is because they didn't want to do it, I was much more profitable sick than healthy.

Best of luck with your son, I don't know this story.

OUT2THEBLACK

Tuesday, January 6, 2009 8:57 PM

Quote:
Originally posted by dreamtrove:
o2tb

Not lazy, busy.

I'm on a crusade against information overload, so I thought I'd post it. My own posts are long and tedious.

Any segment should be summarized with the key points in <200 words.
...Otherwise, you end up with a debate of only the unemployed.

Nothing against the unemployed , there'll be a lot more of them , soon enough...

Just de-process the nonrelevant information...

Your 'crusade' is your own...Don't expect many to join you...

When I post something , or comment on another's post , I control the edits...Same as you do , in your own case...

Most of my posts are simply informational in nature...Just collatin' data , as they say...

Admittedly , that's not for everyone...

YMMV , but don't imagine that you're a forum keeper , or copper , or what-have-you...

As for the past , it's prologue...But , it's all just 'air through the engine' now...

I'll send you a note when time permits...But , I'm busy too...All the intelligent folk are , getting ready for
what's going into the fan...

DREAMTROVE

Wednesday, January 7, 2009 12:02 AM

Quote:
I control the edits...Same as you do

I wish I did, they'd be much shorter.

Quote:
Just collatin' data

I used to do that on forums.

Quote:
YMMV , but don't imagine that you're a forum keeper , or copper

None of this meant anything to me. I think you might have the wrong guy, unless YMMV is some other user.

Quote:
I'll send you a note when time permits...But , I'm busy too...All the intelligent folk are , getting ready for
what's going into the fan...

You guys are way early. Get ready for Dollhouse instead :)

But re-read my long answer to your article. I thought it was on the right track. I'd concur with whoever posted that you have a better grasp on the problems then the solutions, but this is true of us all. If you watch C-Span, you'll hear a lot of people in govt. who actually know problems, but people who know solutions are rare. That's why those of us who know the real problems should get together, so that we can create solutions.

OUT2THEBLACK

Wednesday, January 7, 2009 12:40 AM

Quote:
Originally posted by dreamtrove:

...You guys are way early. Get ready for Dollhouse instead :)

But re-read my long answer to your article. I thought it was on the right track. I'd concur with whoever posted that you have a better grasp on the problems then the solutions, but this is true of us all.

...That's why those of us who know the real problems should get together, so that we can create solutions.

We are together...That's why we're called 'Browncoats' !

DREAMTROVE

Wednesday, January 7, 2009 12:51 AM

I meant intelligent people. There is a large population of alliance, blue sun and reavers, and lurkers and searchers that you would not want to outlay an actual plan for. I mean, yes, it's true, you can't stop the signal, but you don't broadcast you every move to alliance command.

MALBADINLATIN

Wednesday, January 7, 2009 2:08 AM

Quote:
Originally posted by chrisisall:
The times they are a changin'.

Change & growth are a painful business.

Here's to a little discomfort!!

No joke Chris. I grew 6 inches in 6th grade. You could hear my femurs stretching. During that year it was very difficult to chase a fly ball accross an outfield full of gophur holes with all the changes in coordination. I know suffering.

Out with the trash I say!, and Jan 20th is the day for the "politicians" bin to be set out for the trucks, and much to my dismay, alongside an empty "evangelicals" bin.

Wouldn't it be glorious if the evangelical influence in government went the way of the Dodo bird dragging Pat Robertson with them into a black hole sun!?

I find myself off topic, again.