World Tranquility for another Week

[Paint Your Wagon]

It is not yet too late to buy gold
We just entered early majority according to itulip .
Sounds wright to me

[Muckeye]

I used to have to give away my play lunch at school so that I only
had to fight one bully at a time. Never did much good, always got flogged.
reghards,

[longnine009]

$134.5 billion in fake government securities: Case closed, sans tin foil hat

Why did the government take so long to comment? Why did government representatives say so little? Why were the perpetrators Japanese? Why did the Italian authorities let them go? Why has the mainstream media said so little about it?

http://rs6.net/tn.jsp?et=1102615814116&s=1510&e=001ozVKcMdfCYTYMkL46JHUwWCJros9emdiTDU50dJExrMWV8NcinYW5UrlTF-smHxqYgtkOtBmShSft8xCDncJVEly9mJWeFdJpyUB7DHosbep8dst9vxg-Ovb_qIlwXw-Ueu75wO-LThcYoiJMfURRGXUFKtYfP06U_84ftVUaPU8TgjAm2IB2Q==

The Canadian Mounties are investigating whether or not they should investigate the missing gold at the RCM.

[Paint Your Wagon]

I used to have to give away my play lunch at school so that I only
had to fight one bully at a time. Never did much good, always got flogged.
reghards,

Ah happy memories
My grandparents where sellers of butter and eggs and cheese after WWII because all our family were farmers . So they made a fortune my mother lost again .
Anyway when I went to school the first years I was underweight and sickly since the age of 4 ( petromastoiditis was a deadly disease in those days )
So my grandparents rented me a bodyguard . A 14 year old cousin build like a tank . Nobody ever came close to me . Also we had a fulltime servant for 25 euro per month ( yes per month six days of 10 hrs ) She carried my books to school and from school .  
I am again free from flogging , being retired at 60  

[Paint Your Wagon]

$134.5 billion in fake government securities: Case closed, sans tin foil hat

Why did the government take so long to comment? Why did government representatives say so little? Why were the perpetrators Japanese? Why did the Italian authorities let them go? Why has the mainstream media said so little about it?

http://rs6.net/tn.jsp?et=1102615814116&s=1510&e=001ozVKcMdfCYTYMkL46JHUwWCJros9emdiTDU50dJExrMWV8NcinYW5UrlTF-smHxqYgtkOtBmShSft8xCDncJVEly9mJWeFdJpyUB7DHosbep8dst9vxg-Ovb_qIlwXw-Ueu75wO-LThcYoiJMfURRGXUFKtYfP06U_84ftVUaPU8TgjAm2IB2Q==

The Canadian Mounties are investigating whether or not they should investigate the missing gold at the RCM.

That is logical : if it is a bookkeeping error you give the staf a large bonus to motivate them . If it is an heist you blame it on the mounties that they did not prevent it .

[longnine009]

What they need are real Mounties. Mounties that  will mount anything that twitches.

http://marketplace.publicradio.org/display/web/2009/06/24/pm_citi/

"Citi says it wants to pay the government back but to do that it needs to hold onto the workers who'll make that money. Alan Johnson is a compensation consultant. He says paying more in base salary and less in bonuses is the right thing to do."

[Paint Your Wagon]

What they need are real Mounties. Mounties that  will mount anything that twitches.

http://marketplace.publicradio.org/display/web/2009/06/24/pm_citi/

"Citi says it wants to pay the government back but to do that it needs to hold onto the workers who'll make that money. Alan Johnson is a compensation consultant. He says paying more in base salary and less in bonuses is the right thing to do."

I think somewhere around 1977 the company I worked for switched from MBO management by objectives to MBR management by results
In theory this works BUT they only had a 4 % increase average which meant if you gave someone 2% you only could give the best 6% and in practice everybody fought so hard and the boss did not care that 3-4-5% was the spread . So the creazy like me who worked their ass of for 1% extra per year were not really motivated by the system 
Positive reinforcement works . You give a bonus once in a while without making an automatism

[Paint Your Wagon]

The end of the dollar as we know it
Embassies being told to buy one year worth of local currencies

In its current issue, HSL reports rumors that "Some U.S. embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of U.S. cash to purchase currencies from those governments, quietly. But not pound sterling. Inside the State Dept., there is a sense of sadness and foreboding that 'something' is about to happen ... within 180 days, but could be 120-150 days."
 

http://jessescrossroadscafe.blogspot.com/2009/06/bank-holiday-on-deck.html

[TwoShadows]

My current outlook will put me in a major gold and silver buying spree in February of 2010. Keep the market strong for me until then Paint Your Wagon and please keep the U.S. Dollar worth something until then. I see they are trying to prepare us now for the WORST which is yet to come. Don't we just love the filthy rich and politians who have been screwing us for years and its now come to all of this. And, I still say, every minute of it has been planned as they suck the wealth out of the entire planet. Whatever it takes to force a one world government and one world currency on top of us! Its coming!

[Goose]

Terry, I think the 'Powers that be' are holding (by dumping) the gold and silver markets down so that the U S dollar doesn't fall further and continuing their claim that there is no inflation. In my mind, gold and silver are at their lowest now. Silver at $14/oz and gold at $938/oz ? To me, that's low. Lately I've been buying many large silver foreign coins INCLUDING postage close to melt value....then there is the numismatic value of the coin as a 'kicker'. As for U S gold and silver coins? The "State Quarter" newbies have silver and gold prices too high! The whole situation will hit the fan by Jan 2010 and the precious metal prices will be really high by then....just my opinion.

[Paint Your Wagon]

Terry, I think the 'Powers that be' are holding (by dumping) the gold and silver markets down so that the U S dollar doesn't fall further and continuing their claim that there is no inflation. In my mind, gold and silver are at their lowest now. Silver at $14/oz and gold at $938/oz ? To me, that's low. Lately I've been buying many large silver foreign coins INCLUDING postage close to melt value....then there is the numismatic value of the coin as a 'kicker'. As for U S gold and silver coins? The "State Quarter" newbies have silver and gold prices too high! The whole situation will hit the fan by Jan 2010 and the precious metal prices will be really high by then....just my opinion.

I thought we had time till january 2010 were I see the next gold peak possibly between 1250 and 1600 but rumours about trouble late august begin septembre are multiplying . When is the US holiday season ? We are typically all on holdiay first weeks of July

http://www.bushongbusiness.com/webbbs/index.cgi?noframes;read=18136

[longnine009]

Right about now is when a lot people start their vacations here. Not sure about this year though.  A lot of people already are on "Line A" vacation.

[Paint Your Wagon]

Right about now is when a lot people start their vacations here. Not sure about this year though.  A lot of people already are on "Line A" vacation.

Yes I remember in 1996 the first time I was made redundant on july  1st exactly
I spent four months in the garden with whisky and books to read . Not a nice vacation but a cheap one
I remember the second time I was fired for having ulcers on december 24 th 2000 That was a nice Xmas present
I spend six month recovering on sherry ( should not have had any drink but what the heck )
From then on nobody could fire me anymore since I was a Temp on Temp contracts .

[longnine009]

Right about now is when a lot people start their vacations here. Not sure about this year though.  A lot of people already are on "Line A" vacation.

I remember the second time I was fired for having ulcers on december 24 th 2000 That was a nice Xmas present

When I worked in construction it was actually planned that way. Jobs were planned to start so that they would be finished by the end of the year. Only they didn't finished them. They laid everyone off at Christmas to defer the income into the next year. We called it the Christmas Boner. Now I work in security which pays about half as much but I've only lost two weeks of work in 10 years. And I get to read as much as want, watch movies on a portable DVD player and have hallucinations about winning the PowerBall.

[Paint Your Wagon]

Right about now is when a lot people start their vacations here. Not sure about this year though.  A lot of people already are on "Line A" vacation.

I remember the second time I was fired for having ulcers on december 24 th 2000 That was a nice Xmas present

When I worked in construction it was actually planned that way. Jobs were planned to start so that they would be finished by the end of the year. Only they didn't finished them. They laid everyone off at Christmas to defer the income into the next year. We called it the Christmas Boner. Now I work in security which pays about half as much but I've only lost two weeks of work in 10 years. And I get to read as much as want, watch movies on a portable DVD player and have hallucinations about winning the PowerBall.

First company I worked had a system I guess to maximize the bonusses of the top echelon
In a very good year we would make accruals up to january 6 or so ( final closing date of the previous years computer program ) This takes expenditures in the current year whilst the actual money is only spend in the new year .
In a bad year we would make deferrals pushing costs in the next year .
An acquaintance of mine worked for a bank that was less sofisticated . In a good year they would fire many 55 year old bankmanagers taking the high loss in order not to have to pay taxes on too high a gain and they would replace them with 21 year olds with 10 years of experience 

My dream is simple ; gold mines to go ten times the price of today ( I did it once in 1980 so I should be able to do it again in 2012 )

[longnine009]

My dream is simple ; gold mines to go ten times the price of today ( I did it once in 1980 so I should be able to do it again in 2012 )

It might happen very easily if  people start  turning what's left of their Dow Pluckshares into gold shares.

[Paint Your Wagon]

My dream is simple ; gold mines to go ten times the price of today ( I did it once in 1980 so I should be able to do it again in 2012 )

It might happen very easily if  people start  turning what's left of their Dow Pluckshares into gold shares.

No it will happen when the funds start putting money in goldshares . There is a very small amount of goldshares compared to other shares. For the moment the shorts are really laughable . Tanzanina has so many short positios it takes 15 days of normal volume just to eliminate the shorts . Minefinders has 7 days
So my largest position is Tanzanian and Minefinders . I would love to see them burn those shorts ( who may not even have access to the shares they sold short allthoug technically that is illigal )

[Paint Your Wagon]

FED playing the extremes against the middle also is giving money to the all electric car
In 1994 I got involved in due dilligence with a firm making nickel on polypropylene curtains used by operating theathers to shield the machines and in emabassies to shield from eavesdropping . They had a French automotive client who wanted to make a light weight battery from a modification off their products .
Since nothing came off it I guess for batteries we are still stuck in 1960 period.
My last hypermodern BMW battery died after only TWO years ( average used to be 3 years but use of electronics and airco etc has gone up the last years killing batteries faster )
Batterywise we have gone nowhere in 50 years time

[scottishmoney]

Here in Ukraine they are talking about $500 Million created out of thin air made to pay Russia for May's gas bill.  Why can't Ukraine do it just like the USA does it?  Create money out of thin air, pay off bankers, make sure they their bonuses, whoops, pay increase because bonuses would be bad press.

At least gas usage will go down for June.  It is hot, not gas needed for heat of buildings, but only cooking etc.  Meanwhile we will plan to print up more funny money to pay off the crooks in Naftogaz and in Russia.  We will do like our American friends.

[Paint Your Wagon]

Money is supposed to be an IOU versus services rendered to somebody else in the past or services to be rendered in the future or holdings held by the government like land etc
When the IOU is not covered by anything ; sooner or later someone has to pay the pied piper like Zimbabwe

[scottishmoney]

Unfortunately usually it people paying pied piper that didn't create problem in the first place.  The powerful ones put all their excess into tangibles like gold, silver, cars etc.

[Paint Your Wagon]

Unfortunately usually it people paying pied piper that didn't create problem in the first place.  The powerful ones put all their excess into tangibles like gold, silver, cars etc.

Ah but not all
I read with a sadistic pleasure the german billionnaire jumping under a train and the englishman down 20 floors in free fall and the american I forgot how he ended
If billionaires manage to loose all ; their greed must have been as big as the banks . But the FED does not bail them 

[Templar]

       MAYBE THE FED COULD TAKE A FLYING LEAP?---JUMP UNDER A TRAIN?--TAKE POISON?---OOPS DOZED OFF FOR A MOMENT--WOW--WHAT A DREAM
                                          THE OPTOMISTIC TEMPLAR!

[Paint Your Wagon]

      MAYBE THE FED COULD TAKE A FLYING LEAP?---JUMP UNDER A TRAIN?--TAKE POISON?---OOPS DOZED OFF FOR A MOMENT--WOW--WHAT A DREAM
                                          THE OPTOMISTIC TEMPLAR!

The Duchman Boumeester who was topman of ABN Amro has been found dead with a gunshot wound thru the head . It is reported he was depressive after being fired ( age 49 ) RIP



http://www.tijd.be/nieuws/ondernemingen_financien/-Voormalig_topman_ABN_AMRO_dood_aangetroffen-.8202334-433.art

[longnine009]

      MAYBE THE FED COULD TAKE A FLYING LEAP?---JUMP UNDER A TRAIN?--TAKE POISON?---OOPS DOZED OFF FOR A MOMENT--WOW--WHAT A DREAM
                                          THE OPTOMISTIC TEMPLAR!

 The Duchman Boumeester who was topman of ABN Amro has been found dead with a gunshot wound thru the head . It is reported he was depressive after being fired ( age 49 ) RIP



http://www.tijd.be/nieuws/ondernemingen_financien/-Voormalig_topman_ABN_AMRO_dood_aangetroffen-.8202334-433.art

"Tip toe over the window pane,
careful now, don't break our daisy
chain..."-----The 2009 Tiny Tim


Oh amigo... my german es  not so too good you know.   I'll take your word for it. Why don't we use  some of that TARPit money to send them all a pistol?

[Paint Your Wagon]

Oh amigo... my german es  not so too good you know.  Grin I'll take your word for it. Why don't we use  some of that TARPit money to send them all a pistol?

A suicide cyanide pill is cheaper . Germany may still have 1945 overstock 

Oh and by the way that is a flemish newspaper 

[longnine009]

Oh amigo... my german es  not so too good you know.  Grin I'll take your word for it. Why don't we use  some of that TARPit money to send them all a pistol?

A suicide cyanide pill is cheaper . Germany may still have 1945 overstock  

Oh and by the way that is a flemish newspaper  

Even better. We can let Germany's  latest version of the  Brown Shirts have a bit of realistic training?

*************************************************
"My goodness  Toto I don't think we're in Kansas anymore."

A fairy named Tim lands in a bubble and says:   "Follow the black TARPit road"
***************************************************

[CoinCrusader42]

Check this out!!

http://www.youtube.com/watch?v=cWt8hTayupE

Depressing isn't it?!

 

[longnine009]

It a good presentation in it's simplicity. As soon as people realize how impossible it is to pay off the national debt under our current system they might start asking what are they going to do?

A) Slavery--renamed "volunteerism."

B) Do a Pootie-Poot number on entitlements.  Just how did  Pootie manage to balance his budget and pay off Russia's debts so fast? Oh yeah, did he throw his pension out the window or just everyone else?

C) Just let the country collapse.  Since that would be the easiest course for politicians and since they and Korporate Amerika are plundering  everything that is not chained down at this very moment, I'm betting this is the option that is well underway.

What's really depressing is the reactions from  people in this country when they finally figure out who the mark was in the poker game.    

"Tip toe over the window pane,
careful now, don't break our daisy
chain..."-----The 2009 Tiny Tim

[TwoShadows]

The average working class individual does NOT have a clue whats going on around him/her let alone the world. And, quite frankly, most of them don't care. Many have the attitude government will take care of us! The real shock is not even here yet and the media is talking of signs of hope? Hope for whom? Maybe they are talking about all the thieves that got billions in stimulus money instead of jail? I guess they now have hope!

[Paint Your Wagon]

I do not know where sinclair got the number : but he is talking about 129 days till full dollar collaps

In the meantime the turbocharged mounties found out the amount of gold that dissapeared
In another year or two they may find it is linked to visitors 

http://www.theglobeandmail.com/news/national/the-search-for-the-mints-missing-gold/article1201343/

[Paint Your Wagon]

By gosh
The world must be safe if the Queen goes counting her swans 

http://www.reuters.com/article/oddlyEnoughNews/idUSTRE55S5ZE20090629

[longnine009]

By gosh
The world must be safe if the Queen goes counting her swans  

http://www.reuters.com/article/oddlyEnoughNews/idUSTRE55S5ZE20090629

Depends on how many black swans they count. And are they elfish looking singing "tip toe through the daisy chains.  

Poor Mum, I think the last time she  went boating up the Thames the Sex Pistols followed behind her with Johnny Rotten screaming obscenities at her with a bullhorn.

"Tip toe over the window pane,
careful now, don't break our daisy
chain..."-----The 2009 Tiny Tim
not to be confused with the 1968
Tiny Tim  who  paid taxes.

[Paint Your Wagon]

The economy must be really bad if they shut down casino's
Word has it that Tim and Ben went hand in hand to LA ( probably with nicely printed IOU's)

http://www.latimes.com/news/nationworld/nation/la-na-shutdown30-2009jun30,0,1912245.story?track=rss

[longnine009]

The economy must be really bad if they shut down casino's
Word has it that Tim and Ben went hand in hand to LA ( probably with nicely printed IOU's)

http://www.latimes.com/news/nationworld/nation/la-na-shutdown30-2009jun30,0,1912245.story?track=rss

Close the parks? But where will the county "workers" park their trucks?

Maybe the elf and the pecker checker can point out to the movie star and Psycho-Hag that California might not be broke if they would stop  supporting Mexico.

IOU's? That figures.  Their "solutions" like everyone else in this country, is not about getting the math straight for a change, it's about how to keep state and city  bums on the payroll and welfare checks rolling out to a bunch of worthless flea-bags. I guess next the  pecker checker will buy up 50 billion in Kalifornia bonds as "good investments for the taxpayers."  Hanko of the Visigoths can brunch with Gluteus Minimus  and arrange for the Sach-bags  to underwrite it. And the mother of all Tar Pits will be saved. Lucky us, who needs casinos.  

                    "I think that would be fantastic!"

Kind a funny though. During the last Great Depression people were eager to load up the motor car and migrate to California.  Is anyone eager today to load up the toaster car and go to Kalifornia?

[TwoShadows]

The emails are flying in this area as the small fact that our new commander and chief is NOT a U.S. Citizen is heating up. Seems the media and our saviors in Washington don't want that small blunder to be exposed as it will all add up to the single greatest case of fraud in the world. Whoops!!! Looks like the good ole boys have dug themselves a huge election hole with all that power and corruption right down there with them. I smell a lot of stink coming and there is not a skunk in sight!!!

[longnine009]

Just think of the bread and circuses we'll get to see in an effort to deflect attention  from it! Just think of all the  Pig faces on wallstreet looking hand outs from the treasury while everyone is too busy investigating  BO. They'll be like cockroaches on a  Twinky named Tim.

"Tip toe over the window pane,
careful now, don't break our daisy
chain..."-----The 2009 Tiny Tim
not to be confused with the 1968
Tiny Tim  who  paid taxes.

[scottishmoney]

A good number of years ago, about 20 now, when George Dukmejian was governor of Kahlifornia, the state ran a huge budget surplus, and Governor Dukmejian proposed and had pass through the legislature that the money be sent back to the citizens of Kahlifornia.  Wow, how things have changed.

Sounds like Michael Jackson was running the finances of Kahlifornia in addition to running his own into the ground.

[scottishmoney]

The emails are flying in this area as the small fact that our new commander and chief is NOT a U.S. Citizen is heating up. Seems the media and our saviors in Washington don't want that small blunder to be exposed as it will all add up to the single greatest case of fraud in the world. Whoops!!! Looks like the good ole boys have dug themselves a huge election hole with all that power and corruption right down there with them. I smell a lot of stink coming and there is not a skunk in sight!!!

Wouldn't be the first time someone born outside the country was president - the first time was Andrew Jackson, who was born on a ship bobbing around mid Atlantic, not in Waxhaw South Carolina as has often been claimed.  It was the first of many lies in his life.  When you are born to a lie, you live the lie and in his case succeeded for the most part.

[longnine009]

Daily Reckoning has a pretty good commentary today:
http://dailyreckoning.com/crumbling-cornerstones-of-middle-class-wealth/

There's some quotes in it from the Great Depression. I think I now know where the twerp twins are  are getting their ideas from. 

“The spring…marks the end of a period of grave concern…American business is steadily coming back to a normal level of prosperity,” Julius Barnes, Head of Hoover’s National Business Survey, March 16, 1930.

“We are now near the end of the declining phase of the depression,” the Harvard Economic Review, November 15, 1930

[scottishmoney]

Well here in Ukraine the finance minister predicted that the Hryvnia would soon stabilise at about 7 to the dollar, all that his words seem to have done is driven it down to nearly 8 to the dollar.  No small feat considering that the dollar is declining precipitously against the Euro, the Sterling etc.

Good going Ukraina, Slava Ukraina, we managed to outdo those Americans again in making the currency lose value even faster.  Here comes inflation.

[Paint Your Wagon]

Flemish on line newspaper says Schwarzy declared economic state of emergency in Kalifornia
Many services will be closed first second and third friday of the month and pay deducted from inflated salaries
Only health non care and prisons will stay open for business 

[longnine009]

But the HRS buildings will stay open won't they? If they don't get their food stamps and WIC checks they won't have anything to trade for beer.

[longnine009]

Well here in Ukraine the finance minister predicted that the Hryvnia would soon stabilise at about 7 to the dollar, all that his words seem to have done is driven it down to nearly 8 to the dollar.  No small feat considering that the dollar is declining precipitously against the Euro, the Sterling etc.

Good going Ukraina, Slava Ukraina, we managed to outdo those Americans again in making the currency lose value even faster.  Here comes inflation.

Reminiscent of the retard  DuhYA talking,  BO said  today that Pootie-Poot (not his real name)   "has one foot in the old ways."

Helpful Hint Mr. President, socialized health care is old and a failure.

[Paint Your Wagon]

canadian audit found that silver, platinum and palladium are missing too
ET probably took it home

http://www.ottawacitizen.com/Business/just+gold+missing+from+mint+hunt+also+silver+platinum/1758132/story.html

[Paint Your Wagon]

In gold we thrust Austria first bank says

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=85867&sn=Detail

[Paint Your Wagon]

Quietly ticking time bomb

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5742937/The-unemployment-timebomb-is-quietly-ticking.html

[longnine009]

Like Mogambo says' "Weeee this investing stuff is easy."

Every day I go to work and hear someone in the hallway on a cell phone saying "they cut us to 32 hours."  "Officially" we have close to 10% unemployment,   so what is it really? 20%, 30%? Shouldn't five formally full time employees who are now working 32 hours a week count as one fully unemployed? Tell us again about the green shoots you feel Ben. Better yet jiggle the string I think the butt gerbil  died.

We haven't seen anything yet. The "justice" that the French Prez "talks" about isn't going happen when the same clowns that caused the problems are the ones fixing them. What are they going to fix it with?  More "too dumb to fail" marxism?

There's upheaval coming brother, and lots of it. That's why I'm not concerned whether we get inflation or deflation or even both at different times. Social upheaval will drive people into hard assets. The next World War may not be super powers against super powers, (except perhaps as a wag the dog scenario) but countries against underground economies and Individuals who have the audacity to say:  "#&@* the dumb."

[Paint Your Wagon]

Bwahaha
Cakifornia is worth 16 cent on the dollar on ebay : but these are early days
I would not pay more then 1 cent on the dollar . Give me a few thousand and put them on red and let them ride four times 

http://www.marketwatch.com/story/california-sets-rules-for-trading-state-ious-200976224330

[longnine009]

Arnold is now  qualified to be a U.S president. 

"I'm not a U.S citizen and I bankrupted  Kalifornia.
        I think  that's fantastic!"

[Paint Your Wagon]

And here goes the second domino

NYC Freezes Hiring Because Of Senate Gridlock

Mayor Bloomberg Delaying Planned City Hires Indefinitely, Says Albany Chaos Is Holding Up New Tax Revenue
No New Cops, Firefighters, EMS Workers Or School Safety Agents
Jul 6, 2009 8:07 pm US/Eastern

http://wcbstv.com/breakingnewsalerts/nys.senate.private.2.1073852.html

[longnine009]

And of course who could ever have seen that coming? Who would ever had guessed that it was over paid wallstreet "talent" paying $4,000 a month for a flat and what, like $200 a pack tax on cigerettes? Oh yeah I guess those brokers aren't paying 50 bucks a day in tolls to drive their Beemers to the office anymore are they?   Maybe Bloomie can sell cigarette tax cap & trade vouchers on ebay?

[Templar]

  AH! CALIFORNIA---LAND OF MUDSLIDES---EARTHQUAKES---FLOODS---FOREST FIRES---A FOREIGN SPEAKING  GOVERNOR---AND SLOWLY SINKING INTO THE OCEAN---I CAN'T THINK OF ONE REASON NOT TO WANT TO LIVE IN THAT STATE!

[Nighthawk]

Soooo other than that, what's your gripe??? 

[longnine009]

Word is Psycho-Hag finds it most urgent  to get a health care bill through the house by the end of July.  Why? Her illegals and their 15 chee-drins per couple already get free health care from the state.   

Dear Nancy:

Are you by chance tacking  on an "urgent"  bail out Kalifornia amendment to the "urgent" bail out the Insurance Industry  bill, a.k.a "national heath care?"

[Paint Your Wagon]

The 134.5 billion $ seized in Italy could be real
The internet radio guy who has been saying so now is in prison ; because if the $ are real this means japan was trying to secretly switch the
dollar in euro or a basket of currencies deeming the dollar not trustworthy

http://www.asianews.it/index.php?l=en&art=15648&geo=&theme=&size=A

[Paint Your Wagon]

The young South African communists et al want to nationalise the gold mines so that they can have the riches
Zimbabwe is enjoying . Every citizen a Billionaire .

http://www.miningmx.com/news/markets/sa-cannot-afford-mine-nationalisation.htm

[longnine009]

If anyone is confused about carbon tax, and/or cap and trade, well just follow the pig smell and it will all make sense, real fast.   

http://whiskeyandgunpowder.com/cap-and-trade-shenanigans-with-the-chicago-climate-exchange/

[Paint Your Wagon]

Ah I wish I was the G8 just for once
They get a 50 pounds marble custom made book by Canova ( on taxpayers money ) and a Belgian designed 3000 $ plus gold coin mintage 10 only

I wonder wheather they will make the goldcoin into an hanger for their wives or just give it to their spoiled children to play with as Monopoli money
After all they all know that only dollars are real

http://www.google.com/hostednews/ap/article/ALeqM5i7kLTDsH_OgdFLNVKKfIFIdA2jBQD99A8J080

[longnine009]

They're wasting real coins on G-8 blow up dolls? Here, take back the gold and just give them one of these.

http://listicles.thelmagazine.com/wp-content/upload/superman-blow-up-pillow.jpg

[Paint Your Wagon]

Ah trust the russians to give nothing in return
medvedev shows the new world currency

http://www.bloomberg.com/apps/news?pid=20601087&sid=aeFVNYQpByU4

[TwoShadows]

They will keep it ALL orchestrated until they get their one world government and one world currency. All it takes is lower wages, rising prices and continued threats to bring the masses to their knees. And shutting down a few more banks and stealing working men/womens investments. Their master plan is working.

[longnine009]

They will keep it ALL orchestrated until they get their one world government and one world currency. All it takes is lower wages, rising prices and continued threats to bring the masses to their knees. And shutting down a few more banks and stealing working men/womens investments. Their master plan is working.

“unity in diversity,”

I guess it must've been minted in Belgium. What would the Russians know about "diversity?"

[Paint Your Wagon]

They will keep it ALL orchestrated until they get their one world government and one world currency. All it takes is lower wages, rising prices and continued threats to bring the masses to their knees. And shutting down a few more banks and stealing working men/womens investments. Their master plan is working.

Bank nr 53 closed
Bank of Wyoming ( like in the film Calamity Jane ; wild city Wyoming )
It is the first bank in Wyoming to close .
The motto should be " Every state a closed bank "

ref is in flemish unfortunately
http://www.tijd.be/nieuws/ondernemingen_financien/Crisis_eist_53ste_bankenslachtoffer_in_VS_.8207482-433.art

[Paint Your Wagon]

Bo
In secrecy we thrust ( who needs god )

http://www.prisonplanet.com/obama-threatens-to-veto-law-decreasing-white-house-secrecy.html

[Paint Your Wagon]

There is gold in them waters

http://www.mirror.co.uk/news/top-stories/2009/07/13/spain-seeks-el-of-a-haul-115875-21515845/

[longnine009]

There is gold in them waters

http://www.mirror.co.uk/news/top-stories/2009/07/13/spain-seeks-el-of-a-haul-115875-21515845/

The usual  circus without cakes. But it's interesting that it's Spain, a country with a long history of underground economies.

I don't believe that governments are going resurrect world economies any better than Adolf Hitler resurrected his Aryans. 

Everything  governments do smells of Nazi occultism. The reason Hitler's troops didn't have winter clothes to fight in Russia was because Hitler believe he was fire and Russia was ice and that the ice would recede from the onslaught of fire--the Nazi doctrine of "eternal ice." When it became obvious even to Hitler that Berlin was surrounded he flooded the German subway where people were hiding from the shelling. He drowned 300,000 of his own people as a imitative ritual to bring the deluge on the world. Well, that didn't work, so  he ordered that Germany be razed to the ground by the Germans themselves,  because the universe could not exist any longer if there wasn't a Germany. But by that time most people were just laughing at him.

There is a similar reverse logic going on with the world economy. A) The way to fix too much liquidity is to add more liquidity. The water will recede from the onslaught of water--is that it Ben?   
B) Consumers who no longer have the means and possibly not even the desire to consume anymore, will raise a dead economy. Okie-dokie,  Ben.

So what do they think people are going to do? Wait around to be entertained with government cheese and a circus? Watch central bankers  dancing around chicken bones and "laying on hands."  I don't think so. This is why arguments about inflation or deflation seem irrelevant to me when it comes to metals. IMO, good bad or whatever underground  "worlds" are coming and they will run on barter and metals or something else that's actually real.

[Paint Your Wagon]

Allready 10 years back I read a book that said we were going back to at least a part barter economy
Too bad for those that have no skills or no "currency" to barter with

I think today they are goosing up gold to slap it back one more time for maximum profit
So I am an interested watcher to see what bread and games they will have
Bring it on
Unfortunately the dollar is very weak today so I am not impressed by anything except the strength of the Canadian dollar .

[Templar]

         BRING BACK THE GLADIATORS AND FREE BREAD---IT WORKED FOR AWHILE FOR THE ROMANS---AS LONG AS THE PUBLIC IS ENTERTAINED THEY ARE HAPPY---LOOK AT THE STUPID "REALITY" SHOWS  THEY PUT ON TV---WHY THE HELL WOULD YOU WATCH THOSE SHOWS---THE TEST PATTERNS WERE MORE INTERESTING----WE JUST PAST BASTILLE DAY--DON' T WE REMEMBER ANYTHING AT ALL? A FRIEND OF MINE WAS AT A GUN AND KNIFE SHOW AND HE SAID THEY WERE BUYING AMMO BY THE CASES---NOM I KNOW WE HUNT ALOT IN THE U.S.--BUT HOW MANY BULLETS CAN YOU USE TO HUNT DEER?
                 WATCH OUT BAMBI---YOUR SERVANT---THE VIGILANT TEMPLAR!

[TwoShadows]

Templar that would be determined by how good, or bad, a shot your were? Also government is fully aware getting all the guns confiscated would be a long hard fought battle in which many a law abiding citizen would automatically be turned into a criminal should they attempt such a feat. So they are forced into doing the next best thing----force higher prices for ammunition. A $70 case of ammo last year is now $170 and most dealers won' even list a price in an advertisement due to constant price hikes. It, along with everything else, is an attempt to put all of us in their place. It is much easier to control the masses when they have nothing left to fight for? There will be the ruling filthy rich and the poor and its closer than you think. A chosen few have been, and will continue, to suck the wealth right out of the planet. This agenda has been in the making by generations and generations of the ruling classes and most of the real power in this world is a true unknown. Governments and religion bow to them!

Also they can and will destroy any economy or currency at will just as they are doing now. Canada is not going to escape!

[Templar]

 WE ARE SLOWLY LOSING THE MIDDLE CLASS AND THAT IS THE GROUP THAT GENERALLY BRINGS STABILITY TO A COUNTRY----UNFORTUNATELY OUR COUNTRY WAS FORMED BY REVOLUTION AND THE RIGHT TO BEAR ARMS---EVERY NOVEMBER IN MICHIGAN--750,000 HUNTERS TAKE TO THE WOODS TO HUNT---THAT IS JUST ONE STATE AND THAT IS THE  HONEST GUN OWNERS---HOW MANY GUNS ARE LOOSE IN THIS COUNTRY?----ONLY GOD KNOWS---I HOPE SANER MINDS PREVAIL AND BEGIN TO LISTEN TO THE GENERAL PUBLIC AND NOT THE LOBBYISTS---THEIR IS A STORM COMING AND I HOPE WE CAN WEATHER IT!
  :'(YOUR SERVANT--THE TEMPLAR

[longnine009]

Here's another article about Turnings:

http://whiskeyandgunpowder.com/a-20-year-bull-market/

There have been three 4th turnings in the U.S that began  with a catalyst and ended  with the following  crisis: The American Revolution, the U.S Civil War and WWll. The crisis to a 4th Turning is a  major upheaval and  with a "to the death" attitude. I believe one of the authors of the book who was on the radio said that if the Union and CSA had nukes the only thing that would have restrained them  was the close proximity of of each others capitol.

It was projected that we would enter a 4th Turning around 2005 so if we're not there yet we're close. IMO, it already started with the TARPit bail outs. Call it the War of Korporate-Land  Aggression on the taxpayer.    

The important thing is, whatever the crisis turns out to be it's probable that it will not be a "slam dunk" for anybody. The British though they'd go over to the colonies and put down inflammatory dolts. The Union thought they'd go to Manassas and "give the rebs a good thrashing."  The best generals and armies ever assembled in Europe had a hard time defeating a  psycopath corporal.  Bluster and psyops doesn't work in 4th Turnings.  They can puff up and beat their chest all they want but if it's a real 4th Turning, the other side still wants someones booty.  "To the death."  

[Paint Your Wagon]

Here we go again
US mint out of gold blanks or so they say

http://mineweb.com/mineweb/view/mineweb/en/page34?oid=86213&sn=Detail

[Paint Your Wagon]

As long as the banks own the politicians the banks bloat and the middle class can go live in tents

[Paint Your Wagon]

CIT will be allowed to go under
Who cares about SME 's let all the mom and pop banks go under and the middle class lenders .
But wherefrom are they going to import their slaves from this time ? of course from broke americans and Mechiko

http://abcnews.go.com/Business/SmallBiz/story?id=8088330&page=1

[longnine009]

Ha! They deserve to go under if they were financing Dunkin Donuts instead of Krispy Kreme.  LOOOOOOO-SSSSERRRRRRS!   

[longnine009]

Happy days are here again!

http://www.msnbc.msn.com/id/31939251/ns/business-earnings/

Next comes the part where the synchronized simpletons talk about "green shoots"  again.

Tip toe over the window pane
careful now, don't break
our daisy chain...


 

[longnine009]

Guess who's talking up silver?
http://dailyreckoning.com/the-silver-supplydemand-imbalance/

[Templar]

   WELL I HAVE ALMOST COVERED THE WALLS TO MY KEEP WITH MY GM STOCK---AND PEOPLE SAID IT WAS WORTHLES!
                    YOUR SERVANT--THE GENERAL MORON (TEMPLAR)

[Paint Your Wagon]

  WELL I HAVE ALMOST COVERED THE WALLS TO MY KEEP WITH MY GM STOCK---AND PEOPLE SAID IT WAS WORTHLES!
                    YOUR SERVANT--THE GENERAL MORON (TEMPLAR)

For wallpapering it got more qualities then the dollar does

[Paint Your Wagon]

CIT was temporarily reprieved by its own bondholders
They gave 3 billion $ at 10.5% intrest for 2.5 years . Probably to be converted in shares afterwards ( if there is an afterwards )
The delinquent payments on their industrial properties loans portfolio is 16 % against a reported average of 2 % nationwide

I think they will go under IMHO since things are going to be worse before the get better

[scottishmoney]

Well at least in Ukraine they appreciate the value of real money, paid someone their bonus in that noble metal, and they were quite pleased to get something other than toilet paper money.

[longnine009]

It'll be amusing to see Kalifornia's reaction to taxpayers who mail back their IOU's next year to pay their property taxes. Why not? If it's an IOU it's a promissory note which is negotiable paper.

[longnine009]

CIT was temporarily reprieved by its own bondholders
They gave 3 billion $ at 10.5% intrest for 2.5 years . Probably to be converted in shares afterwards ( if there is an afterwards )
The delinquent payments on their industrial properties loans portfolio is 16 % against a reported average of 2 % nationwide

I think they will go under IMHO since things are going to be worse before the get better

So the synchronized simpletons aren't going to make taxpayers hold  CIT's little  weenie for them?  Investors  will have find a way to swim or sink?   Capitalism, that's it. They used to call that capitalism back in the old days before the gubment "saved" Penn Central and turned it into the sterling example Amtrak. 

[Paint Your Wagon]

CIT was temporarily reprieved by its own bondholders
They gave 3 billion $ at 10.5% intrest for 2.5 years . Probably to be converted in shares afterwards ( if there is an afterwards )
The delinquent payments on their industrial properties loans portfolio is 16 % against a reported average of 2 % nationwide

I think they will go under IMHO since things are going to be worse before the get better

So the synchronized simpletons aren't going to make taxpayers hold  CIT's little  weenie for them?  Investors  will have find a way to swim or sink?   Capitalism, that's it. They used to call that capitalism back in the old days before the gubment "saved" Penn Central and turned it into the sterling example Amtrak. 

Yeah but they bailed out Goldman Sucks and when those guys pay back the pocket money or 10 billion Tarp they can keep all the other billions and be free again . GS is allready making reserves for year end bonuses with an average of  17500 $ per employee . Mind you that is the average for the top few to get millions

[Paint Your Wagon]

The Russian Ruble is very popular in Germany
I got myself 100 Rubels

[longnine009]

CIT was temporarily reprieved by its own bondholders
They gave 3 billion $ at 10.5% intrest for 2.5 years . Probably to be converted in shares afterwards ( if there is an afterwards )
The delinquent payments on their industrial properties loans portfolio is 16 % against a reported average of 2 % nationwide

I think they will go under IMHO since things are going to be worse before the get better

So the synchronized simpletons aren't going to make taxpayers hold  CIT's little  weenie for them?  Investors  will have find a way to swim or sink?   Capitalism, that's it. They used to call that capitalism back in the old days before the gubment "saved" Penn Central and turned it into the sterling example Amtrak. 

Yeah but they bailed out Goldman Sucks and when those guys pay back the pocket money or 10 billion Tarp they can keep all the other billions and be free again . GS is allready making reserves for year end bonuses with an average of  17500 $ per employee . Mind you that is the average for the top few to get millions

Of course. It's was the King of the Goldie Sachs who made privatized the profits and socialize the losses into the fine institution it is today. 

[Paint Your Wagon]

What Gold Sack is really trying to hide

http://www.scribd.com/doc/17502333/The-Goldman-Sachs-Conspiracy-The-Real-Dark-Pool

[longnine009]

Why can't they pay their margins calls with the bonuses they got for being such "astute"  and "talented"  traders?

They're also worried about liquidity during "market fragmentation"  which I believe means that the market has fragmented from the hookah pipe and is bidding  crap money for crap assets.   

[Paint Your Wagon]

In line with predictions the big trouble is unfolding step by step
Postal workers pension funding will default in septembre and payroll in octobre
More IOU's to come

  "[USPS] top executives are now saying that the USPS will default on a $5.4 billion payment to prefund future retiree health benefits on September 30, 2009. And its government affairs representative are now telling Congressional staff that the Postal Service may not be able to make payroll in October and will be forced to issue IOUs instead."
 

http://jessescrossroadscafe.blogspot.com/

[Paint Your Wagon]

Kalifornicated

How to fill a 26 billion shortfall with 15 billion in savings and NO new taxes
Less money for schools, universities, sick and old, children and poor, but no extra taxes for the rich and famous
Where is the wisdom that to school children is to invest in the future ? ( and I mean with teachers that work more then 20 hrs a week for 10 months a year like in Belgium ; and I would not mind computers doing the teaching like Japan is experimenting with teacher robots )

http://www.ft.com/cms/s/0/bde67fd8-75b2-11de-a9d8-00144feabdc0.html

[longnine009]

Public schools in America was the idea of three major scumbags: Andrew Carnegie, Henry Ford and Lurking Lizard John D. Rockefeller. It wasn't to "educate" the po chee-drins, it was to regiment them so they could be mindless robots in  factories.  

[longnine009]

What's wrong with this picture?

"In a televised evening news conference, Obama said the biggest driving force behind the federal deficit was skyrocketing healthcare costs for the government's Medicare program of healthcare for the elderly and Medicaid for the poor."

"The overhaul is designed to create a government-run insurance program to compete with private insurers, expand coverage to most of the 46 million uninsured Americans and hold down soaring healthcare costs that are rising faster than inflation."

[Paint Your Wagon]

What's wrong with this picture?

"In a televised evening news conference, Obama said the biggest driving force behind the federal deficit was skyrocketing healthcare costs for the government's Medicare program of healthcare for the elderly and Medicaid for the poor."

"The overhaul is designed to create a government-run insurance program to compete with private insurers, expand coverage to most of the 46 million uninsured Americans and hold down soaring healthcare costs that are rising faster than inflation."

I read that private healtcare will be forbidden and that the extra cost for the new plan will not be a burden of the middleclases  Do you like snowhite and redcap and ....

[Paint Your Wagon]

Germany and GM have officially excluded the chinese from bidding
They can use their dollars for toilet paper
And if they want a piece of the west they will have to solve or start a war somewhere so that the west is greatefull for ever

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahJjM7mFA.jo

[Paint Your Wagon]

Poor poor ebay has 29% less earnings

Iceland now officialy wants to be member of the Eurozone as if Italy Spain and Greece is not enough not mentioning Austria

Cit will probably go for chapter 11 after pocketing the billions

After the most costly bailouts in history of Freddy and Fannie now Ginnie is exploding

The CEO of Volkswagen seems to get 50 million euro for being let go

[Templar]

 PUBLIC SCHOOLS WERE SET UP IN AMERICA TO PUT AN END TO CHILD LABOR--IF CHILDREN DID NOT GO TO SCHOOL THE PARENTS WERE FINED---THE KIDS WERE KEEP HOME TO HELP THE FAMILY SURVIVE AND SOME GENIOUS THOUGHT THAT BY PUTTING THEM IN SCHOOL IT WOULD SAVE THE KIDS FROM LONG HOURS OF HAVING TO WORK IN THE TENEMENTS---TODAY WE CONDEMN ANY COUNTRY THAT EXPLOITS CHILDREN---THATS HOW WE GOT STARTED---GOT TO SCHOOL AND GET AN EDUCATION--PLEEEEASE!
                            JUST RANTING--THE TEMPLAR!

[longnine009]

What's wrong with this picture?

"In a televised evening news conference, Obama said the biggest driving force behind the federal deficit was skyrocketing healthcare costs for the government's Medicare program of healthcare for the elderly and Medicaid for the poor."

"The overhaul is designed to create a government-run insurance program to compete with private insurers, expand coverage to most of the 46 million uninsured Americans and hold down soaring healthcare costs that are rising faster than inflation."

I read that private healtcare will be forbidden and that the extra cost for the new plan will not be a burden of the middleclases  Do you like snowhite and redcap and ....

Sounds like a job for AIG. Isn't amazing how all "solutions" lead to the same scumbags, over and over and over again?

[Paint Your Wagon]

Hot Mogambo Stud (HMS)!"
In unrelated news the Chinese are now going to lend money to Britishers to by British houses ( so they can reposes them at default )
What a nice way to get rid of a few billion dollars and to end up with a piece of the Old dying british empire ( or should I say dead empire )
and maybe they will strike coins without the ugley obverse

http://www.safehaven.com/article-13996.htm

[longnine009]

 "Well actually" he's  really a capitalist.  Ha ha.  Maybe  he just wants to get a head start on liar of the week.
 

******************************************************
 By JEANNINE AVERSA, AP Economics Writer Jeannine Aversa, Ap Economics Writer   â€“ 27 mins ago

WASHINGTON – Federal Reserve Chairman Ben Bernanke said Sunday that he had to "hold his nose" over last year's taxpayer-financed bailouts of big financial companies but argued that the action had to be taken to avoid a major meltdown of the U.S. financial system and the broader economy.
*******************************************************