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Tyler Durden's picture





h/t m33t3r


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bankrupt JPM buy silver's picture

I feel better now, gold bless chairsatan

Michael's picture



IQ 145's picture


Michael's picture


WSMassiv's picture


razorthin's picture


Michael's picture

My dad was in Mensa at 160+.

william the bastard's picture

My Dad had a 3 handicap at 75.

Guy Fawkes Mulder's picture

All IQ scores are inherently suspect.



cosmictrainwreck's picture


A Nanny Moose's picture

You are not alone.

caconhma's picture

My suggestions to save America and regain its independence:




- The Glass-Steagall act is reinstated

- Banking executives responsible for the latest meltdown are prosecuted

clymer's picture



Thanks ZH

chopper read's picture


Michael's picture


RockyRacoon's picture



Dr. Porkchop's picture


Bay of Pigs's picture



Got it Bitchez?

Michael's picture


Who owns and controls the Federal Reserve

Beautiful diagram of ownership here;



Michael's picture







National Securities Clearing Corporation (NSCC)

The Depository Trust Company (DTC)

Fixed Income Clearing Corporation (FICC)


DTCC Solutions LLC

EuroCCP Ltd.



















cranky-old-geezer's picture


cranky-old-geezer's picture

















BigJim's picture

Buy a bigger monitor with higher res.

Raphio's picture

Thanks for the informative links.....



spudboy's picture





Guy Fawkes Mulder's picture



I still win though.

Miss anthrope's picture


MayIMommaDogFace2theBananaPatch's picture

Just shout WINNING!!!

IQ 145's picture


dark pools of soros's picture






Guy Fawkes Mulder's picture


dark pools of soros's picture





Guy Fawkes Mulder's picture

No hard feelings.



I yield the floor to you and retire from this conversation.


Peace til next time.


dark pools of soros's picture




Milestones's picture


merehuman's picture


But it may make your ass look bigger . 

Quaderratic Probing's picture


merehuman's picture


IQ 145's picture


Liquid Courage's picture



MrSteve's picture

I resemble that remark!

Raphio's picture

I'll reassemble that remark.......

Raphio's picture

I'll reassemble that remark.......

Salvatore CFA's picture

My dad flew missions against the NVA.

WaterWings's picture

My uncle was at the '68 Democratic Convention.


Wed, 03/09/2011 - 20:27 | 1034684 somethingelse
somethingelse's picture


Pegasus Muse's picture


cosmictrainwreck's picture




CitizenPete's picture



JethroBodien's picture

My dad can beat up your dad!

malikai's picture

My dad is Kim Jung Il.

Thu, 03/10/2011 - 04:24 | 1035896 Raphio
Raphio's picture

My Dad is Kim Jung Iller

Wed, 03/09/2011 - 19:22 | 1034502 equity_momo
equity_momo's picture

Im sure The Bernank is in Mensa too. Another failed metric to measure intelligence. Not quite as bad as spending thousands to become a brainwashed zombie Ivy Leaguer though. Unless networking to earn $$ at any cost is your raisin d'etre.

Wed, 03/09/2011 - 23:47 | 1035319 Windemup
Windemup's picture

My IQ beats my bowling score. Sadly though, not my golf score.

Thu, 03/10/2011 - 00:00 | 1035383 IQ 145
IQ 145's picture

false statement.

Thu, 03/10/2011 - 00:07 | 1035410 IQ 145
IQ 145's picture

false statement.

Wed, 03/09/2011 - 21:54 | 1034892 spudboy
spudboy's picture

That's only partially true for crystalized intelligence, which accounts for your knowledge and experiences. Even then crystalized intelligence shows very strong heritable characteristics.

It's not true at all for fluid intelligence, which is your ability to analyze novel problems, independent of acquired knowledge.

For example, you can practice tasks that involve the usage of mental rotation and spatial imagery all you want, but you're not going to see much gain in your scores, and I could give you 10 different but well constructed IQ tests and you'd pretty much never score 10 points higher on any of these tests than your mean score. IQ tests available on the internet are a farce, I'm talking about real IQ tests.

IQ is a valid and oftentimes heritable construct, and not merely some modern theoretical abstraction.

Thu, 03/10/2011 - 02:24 | 1035770 Guy Fawkes Mulder
Guy Fawkes Mulder's picture


I forgot to say "thanks" for getting my facts straight.

no "your welcome" necessary. see you around.

Thu, 03/10/2011 - 00:17 | 1035454 IQ 145
IQ 145's picture

 horseshit. you practice all you want than take the Langdon adult intelligence test; then we can talk. Everyone is sensitised on this issue; because what  changes between chimpanzees and humans is intelligence; and we all know this. College professors know that IQ is 90% of everything; but this information is not publishable because of the afro-american test scores. Average 90. The African test scores are much worse; this subject has been studied in detail as you can imagine; but your mass-media perception of it, without doing your homework; is equivalent to "global warming",  The brain washing works really well; if you want to know what IQ means, ask someone who has one; you'll be surprised.

Thu, 03/10/2011 - 02:31 | 1035780 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

I swear to God, I'm going to pistol whip the next guy who says "Langdon IQ test":

Thu, 03/10/2011 - 03:19 | 1035839 Rick64
Rick64's picture


Thu, 03/10/2011 - 04:03 | 1035871 merehuman
merehuman's picture

so thats why white men cant

Thu, 03/10/2011 - 00:27 | 1035493 Michael
Michael's picture


Wed, 03/09/2011 - 18:44 | 1034363 gangland
gangland's picture

mine's 179, means absolutely not a damn thing, believe me it's the fucking curse of my life. Fucking useless.  Zagg corporation CEO went to the university of fucking pheonix fer crissake selling 3c pieces of cellophane for $30 a pop, that guy is a genius. I'd trade IQ for EQ right now.

disclosure: I'm long adamantium, short Zagg.

Wed, 03/09/2011 - 18:46 | 1034403 Careless Whisper
Careless Whisper's picture

that adamantium has given a 32% annual return over the years. niiiiice.


Wed, 03/09/2011 - 19:03 | 1034445 SilverRhino
SilverRhino's picture

I love how that article cherry picks coins from 1970-1991.  

Wed, 03/09/2011 - 19:02 | 1034446 Michael
Michael's picture

Gold pressed latinum is the universal standard.

Wed, 03/09/2011 - 19:03 | 1034450 gangland
gangland's picture

Nice, I had a lot of first editions; gave all of them away to my younger cousin when he was maybe 10.  He still has them to this day. Every time I see him he thanks me and can't believe I gave them to him, all plastic and backboard wrapped.  I don't regret it, his gratitude makes my day every time.


Thu, 03/10/2011 - 00:21 | 1035471 IQ 145
IQ 145's picture

 On the contrary it means everything; it means you have the potential to turn your back on the contemporary culture and study plane geometry, until you develop a worship for the result of clear thinking; then you can throw away your TV and become a real "contrarian"; and able to make any amount of money you wish. Reality is not voted on; you and God make a majority.

Wed, 03/09/2011 - 18:43 | 1034390 Careless Whisper
Careless Whisper's picture

doesn't this scheme violate a r.i.c.o statute?


Wed, 03/09/2011 - 20:30 | 1034695 cosmictrainwreck
cosmictrainwreck's picture

damn!! somebody - quick - call old Eric over at Justice.....

Thu, 03/10/2011 - 00:04 | 1035400 IQ 145
IQ 145's picture

 I appreciate your response; it hasn't been easy living in "Amerika"; at one time I thought suidcide was the only answer. 125 is the average of state college professors; more importantly your response shows an understanding of where we are today.

Thu, 03/10/2011 - 09:13 | 1036145 Meme Iamfurst
Meme Iamfurst's picture

Look at all the bull shit this IQ crap created...nothing to do with this article, nothing.  Single file words running down the page. 

Michael, get a life. I can't even read your BS anymore.

None of you have brought up any pertinent why has the Congress waited until the damn program is about to expire to ask any questions?

Where is the floor stomping Rand Paul?  Where is the right, the conservative voice of America, when you need them to pack together and discredit this dishonorable imbecile?  Where is Sara?  Where is Newt?  Where are the radio talking heads?  Where is the American Enterprise Institute?  Where is the Chamber of Commerce?  Why the hands off on this man?  Why the kid-glove treatment?

Wed, 03/09/2011 - 18:49 | 1034416 deeznutz
deeznutz's picture

Ross Perot? He has a web site but needs to get back on TV to explain this shit.

Thu, 03/10/2011 - 00:26 | 1035494 CD
CD's picture

There are unfortunately (but not coincidentally) very few with a) such financial resource and b) sufficient disregard for the wellbeing of themselves and families... But perhaps as FT and CNBC now source stories from ZH, we may be on the right path. And efforts like the one below might be first steps in the right direction

For a fascinating take on the origins and details of Comrade Ben's "real" Board of Governors (i.e. puppeteers), this is a fascinating documentary presentation. Claims, conclusions, accuracy, etc. not claimed, but fascinating historical detail -- prequel to "The Creature from Jekyll Island", if you will. Or a look at the previous versions of the Matrix:

Wed, 03/09/2011 - 18:14 | 1034272 EscapeKey
EscapeKey's picture

Yeah, somehow I don't think that currency will be worth a continental by the time a crisis arrives.

Gold standard, please.

Wed, 03/09/2011 - 18:36 | 1034371 Spalding_Smailes
Spalding_Smailes's picture


I don't think you papers take into account the derivative markets ( securitization ) It's over 1 quadrillion - Many traders around the world use this market for hedging.

Why speculators shun euro sovereign debt

You might think that grubby bond dealers and treacherous Anglo-Saxon hedge fund short-sellers would be rooting around in the markets for “peripheral” European sovereign debt. With a summit of the euro area leaders called for March 11, surely there would be all sorts of opportunities for profitable speculation on the backs of, say, the Greeks or Portuguese? Well, not really. I know a lot of those bond dealers and hedgies, and most of them are watching the European leaders and think-tankers on television screens with the sound off. Occasionally they grunt at some moves on the screen, then turn away, as if it was some not-very-compelling fixed wresting match, which is close to the truth. They are not betting much, if any, money on the outcome.

Among the pointless obsessions of the euro area political leadership is a conviction that speculators must not be allowed to profit from the euro sovereign debt crisis. The euro politicos don’t seem to be open to the possibility that speculators are largely absent, let alone masterminding some Bond-villain-grade scheme. For example, much lawyer and adviser time seems to have gone into assuring that any restructuring of peripheral sovereign debt does not “trigger” an “event of default” for credit default swaps covering what we used to call country risk. This concern is all about hatred of a group that makes more money, even after considering tax-free allowances, and a desire to maintain appearances. Those are critical for the progress of eurocratic careers, and keeping the German public on-side.

The truth is that the outstanding net CDS volume on, for example, Greek sovereign risk is less than 2 per cent of the outstanding state debt. That’s less than ( $6bn on about $490bn, for the dollar denominated contracts. ) There is more liquidity in the dollar contracts, which, given the location of many hedge funds and relative lack of official hostility to the instrument, makes sense. Even so, the derivatives tail, far from wagging the dog, is really vestigial.,dwp_uuid=...


Wed, 03/09/2011 - 18:45 | 1034389 EscapeKey
EscapeKey's picture

Oh jeez, the derivatives market, and ridiculous Max Keiser like figures? The important number in derivatives is net notional, and you know it.

The figures for 2006 were (Dollars) 42% and (Euros) 28%, with an annual percentage decline in US Dollar denominated debt.

For how long will you attempt to move the goalposts?

Wed, 03/09/2011 - 18:54 | 1034410 Spalding_Smailes
Spalding_Smailes's picture

So you don't want to count securitization debt ? What ever ... So that debt does not count ? 20 trillion added in 5 years .... But your papers say foreign holding have been dropping .... The graph of foreign holding since 2000 looks like the side of Mount St. Helens ....


 In addition to the savings glut, another factor that contributed to the global appetite for U.S. debt obligations is that many of them were packaged into asset-backed securities (ABS) that investors and rating agencies believed had minimal default risk. MBS issued by Fannie Mae and Freddie Mac were in that category, as were the AAA tranches of the private label ABS and collateralized debt obligations (CDOs) that were issued in vast amounts during the credit boom. As Chart 3 shows, the scale of this gross capital flow was immense. Between 2002 and 2007, gross foreign holdings of U.S. assets rose from less than $10 trillion to more than $20 trillion.

Wed, 03/09/2011 - 18:57 | 1034430 EscapeKey
EscapeKey's picture

No, let's recap our discussion (now spanning 3 threads):

First, you pointed out how lots of international companies and countries were raising debt denominated in US Dollars. I then showed you that the Euro in 2007 overtook the Dollar in foreign denominated debt instruments.

You then moved to point out that they were a minor issue in terms of the overall debt markets, which I then pointed out were not a home run for the US Dollar, considering its advantage is shrinking on an annual basis.

And now you see fit to include CDS and other hedging devices, which the conversation had NOTHING to do with originally. A credit default swap is NOT fucking debt, and you conveniently posted the SHOCKING Max Keiser inspired notional figures, despite knowing that net notional is what it's all about.

You've DELIBERATELY attempted to pollute our debate with disinformation, and cast the original question in doubt. I gave you the benefit of the doubt, but there is no more of that. You are basically a paid troll, sent here to troll on behalf of those who pay your wages.

You have zero credibility. Now fuck off, shill.

Wed, 03/09/2011 - 19:03 | 1034448 High Plains Drifter
High Plains Drifter's picture

You can't talk to schmailes like that, he reads a lot of books.......

Wed, 03/09/2011 - 19:04 | 1034455 EscapeKey
EscapeKey's picture

As do I.

Wed, 03/09/2011 - 19:12 | 1034472 Spalding_Smailes
Spalding_Smailes's picture


The truth is that the outstanding net CDS volume on, for example, Greek sovereign risk is less than 2 per cent of the outstanding state debt. That’s less than $6bn on about $490bn, for the dollar denominated contracts.,dwp_uuid=...

Wed, 03/09/2011 - 19:17 | 1034489 akak
akak's picture





Wed, 03/09/2011 - 19:28 | 1034500 Spalding_Smailes
Spalding_Smailes's picture

What’s the United States Worth? $1.4 Quadrillion

But there are pockets of optimism, including Robert Shiller’s luncheon speech about the potential benefits of continued financial innovation.






Wed, 03/09/2011 - 19:35 | 1034535 WaterWings
WaterWings's picture

It will be worth more clownbux than that once hyperinflation kicks in.

Wed, 03/09/2011 - 19:43 | 1034554 Spalding_Smailes
Spalding_Smailes's picture

Hey as long as I can still buy food and gas with those clownbux, thats all thats needed in my book.

I really don't see hyperinflation, we would have seen it already, the implosion in credit happened over 2 years ago.


They talked about hyperinflation 8-10 years ago with all our off balance sheet obligations like social security, state pension obligations, all the number had been known by all the global economist ect ... The borrowing by the fed has been going on for years, big "O's" new budget, what numbers will it take to finally push us over the edge, that is my question.... ?The securitization market is over 1 quadrillion.

Thu, 03/10/2011 - 00:25 | 1035495 RockyRacoon
RockyRacoon's picture


I'm disappointed.  Where is your de rigueur quote from Krugman?

Thu, 03/10/2011 - 01:07 | 1035613 IQ 145
IQ 145's picture

 It's very unfortunate that "hyperinflation" has become the new buzz word on the internet. It actually has a definition, of course, and a meaning. Hyperinflation is, by its nature undpredictable. It is ultimately, a negative act of faith on the part of the beholden. ie. the currency users. Inlfation, on the other hand, is with us now, and barring a miracle will accelerate; hyper-inflation does not arise by any rational and predictable element of "ordinary inflation".

Wed, 03/09/2011 - 19:43 | 1034559 d00daa
d00daa's picture

Wow. A totally new paradigm. This time is truly different.

Wed, 03/09/2011 - 19:49 | 1034574 Spalding_Smailes
Spalding_Smailes's picture

Spalding was even shocked • agast • floored.... By said talk.

Thu, 03/10/2011 - 00:27 | 1035498 RockyRacoon
RockyRacoon's picture


•••• Me too! •••••••

Thu, 03/10/2011 - 06:09 | 1035843 EscapeKey
EscapeKey's picture

Hey, shill. Call options are not equity, credit default swaps are not debt, the US is not worth 1 quadrillion Dollars (although she might soon be, with Bernanke pressing random buttons at his disposal).

100% Intellectually dishonest = 100% Spalding.

Wed, 03/09/2011 - 19:29 | 1034524 Michael
Michael's picture

The ECB and to a greater extent Britain, are moving to trade derivatives OTC so we can see, well it would be a good idea.

Wed, 03/09/2011 - 19:59 | 1034604 Spalding_Smailes
Spalding_Smailes's picture

They also went after the hedge funds for using credit default swaps on the PIGS.

Betting on a downfall that can't be stopped, 27 countries under on exchange rate, not going to work long term ...

Wed, 03/09/2011 - 19:10 | 1034467 Spalding_Smailes
Spalding_Smailes's picture

Point #1 you dragged our original conversation into another thread, not me.

Point #2 If derivatives are not debt obligations, why was the bailout of AIG needed.. ?

Wed, 03/09/2011 - 19:17 | 1034483 Eally Ucked
Eally Ucked's picture

Hey boy, you are so smart so what is the answer?

Wed, 03/09/2011 - 19:19 | 1034491 Spalding_Smailes
Spalding_Smailes's picture

Let EscapeKey take the first crack, two really easy questions ....

Wed, 03/09/2011 - 19:21 | 1034497 Eally Ucked
Eally Ucked's picture

You are smarter than I thought. Lets wait

Wed, 03/09/2011 - 19:27 | 1034504 Spalding_Smailes
Spalding_Smailes's picture

Did she fall asleep ?

The big anti Spalding rant, now ..... Hold it, hold it ....

Pin drop


The securitization market trillions of dollar denominated I.O.U's ... Thats right, someone is paying the piper if that bet goes sour, look at Lehman and AIG.

Wed, 03/09/2011 - 19:39 | 1034547 cosmictrainwreck
cosmictrainwreck's picture

Right. Like this is news? Try another trick

Wed, 03/09/2011 - 19:46 | 1034569 Spalding_Smailes
Spalding_Smailes's picture

I'm not the one saying this is news.

I'm just pointing out this is all part of the global dollar denominated debt obligations .... EscapeKey grabbed some info from " questionable source " and attacked Spalding with this misinformation, she could dumb some Zero Hedgers down with that info -


Thu, 03/10/2011 - 06:17 | 1035868 EscapeKey
EscapeKey's picture

From questionable sources?

Oh, ok. Here are my sources again. Please state your thoughts with each individual one, and I'll make sure to forward your concerns to the appropriate institutions.

Furthermore, if you question the information out of the ECB or CEPR, then please explain how you on the other hand find information out of the FRS to be honest and trustworthy.

European Central Bank:


Centre for European Policy Research:

(Groningen/Munich) University paper on invoicing currencies:


Btw - invoicing currencies are now in the court of the Euro. I can dig up more sources on this, if you want me to.

Now, what were your sources again?

Here's a final source on international security issuance. Note on page 7 how the role of the Dollar is slipping, and the Euro gaining? There is a pattern here; the Dollar is slipping as invoicing currency, on debt markets, and on overall security issues, but I doubt you're smart enough to spot it.

InterAmerican development bank:

Wed, 03/09/2011 - 19:48 | 1034570 Eally Ucked
Eally Ucked's picture

No baby, nobody cares about Spalding except me. Randomly they answer your problems and questions but really I'm the one who likes to talk to you. Do you want to talk Friedman, Scholes or other jewish scolars who teach us how peacefuly part money and soul, money to them soul to you?

Wed, 03/09/2011 - 19:53 | 1034578 Spalding_Smailes
Spalding_Smailes's picture

So you don't like the Jews ?

I'm Irish, the white trash of Europe .... And some Native American mixed in, a mutt per say  ...

Wed, 03/09/2011 - 19:58 | 1034602 Eally Ucked
Eally Ucked's picture

I'm proud of you boy, with that heritage you can go higher than I thought. Just keep trying.....

Wed, 03/09/2011 - 20:04 | 1034613 Spalding_Smailes
Spalding_Smailes's picture

Not sure about that. I'll try my best.


I'll be happy when I can trade full time but that will take about two more years. I must come up with $100,000 before a few of my friends equal that and we start a fund. 

Thu, 03/10/2011 - 04:25 | 1035844 EscapeKey
EscapeKey's picture

No, off to bed. I live in the UK, have a profession, and need sleep. On my list of daily activities, debating with a 100% dishonest shill is pretty damn far down the list in terms of priority.

Wed, 03/09/2011 - 19:27 | 1034515 Bay of Pigs
Bay of Pigs's picture

Don't you ever get tired of being bitch slapped around?

Wed, 03/09/2011 - 19:32 | 1034526 Spalding_Smailes
Spalding_Smailes's picture

Did you see EscapeKey, I can't find her ..... The dog whistle is not working ....


I just knocked her argument out with a Anaconda Choke .... Next time I'll use a Triangle Choke ...

Wed, 03/09/2011 - 19:39 | 1034546 Misean
Misean's picture


Wed, 03/09/2011 - 19:53 | 1034584 Eally Ucked
Eally Ucked's picture

and you do?

Wed, 03/09/2011 - 19:55 | 1034595 Spalding_Smailes
Spalding_Smailes's picture

If I'm beaten why did she stop talking after she blasted me with misinformation. I just asked some really fucking easy questions. Now after her rant and my response, dead fucking silence .... She has no answers. Maybe its all the egg in her face ?

Wed, 03/09/2011 - 22:38 | 1035012 jomama
jomama's picture

maybe it's your fail ass fucking avatar, a sticker i usually see on lowered chevy trucks with shitty tint jobs and some knucklehead wanna be thug driving?

Thu, 03/10/2011 - 04:22 | 1035845 EscapeKey
EscapeKey's picture

"She"? Holy fucking shit, you're a retard. I already told you TWICE my avatar is hot - but incompetent - spy, Anna Chapman. Are you really incapable of remembering information given to you twice? Please just say yes so I can once and for all establish that your potential just doesn't warrant even an attempt to converse.

Wed, 03/09/2011 - 22:56 | 1035082 BoeingSpaceliner797
BoeingSpaceliner797's picture

The bailout of AIG was not needed.  Just another way to steal a little bit more quickly.

Thu, 03/10/2011 - 01:12 | 1035626 IQ 145
IQ 145's picture

 point one; so what? point two; the bailout of AIG was needed because it's un-supervised failure and crash-landing threatened the entire financial structure. Obviously. Whether or not the particular derivatives involved were or were not "debt obligations" is supremely irrelevant. There are many, many kinds of derivatives; the ones that AIG became "famous" for; were not realistic; they couldn't be paid; the creator of this problem is one of the un-sung heros of the era; living in extreme wealth and comfort in his English country manor house, he is never mentioned; and has no threat of legal action. A real genius; he knew what he was doing; taking care of number one. This information is readily available; it is not an opinion.

Thu, 03/10/2011 - 07:04 | 1035985 BoeingSpaceliner797
BoeingSpaceliner797's picture

Apparently, it bears repeating:  the bailout of AIG was not needed.  It was just another way to steal a little bit more quickly.

While it may have been "wanted" by the insolvent, backdoor bailout recipients, the bailout of AIG was far from needed.  Much like any iteration of QE:  wanted by the few, not needed by the many.  Shameful and others have nailed it with (I summarize) "the world as we know it is a series of scams." 

Thu, 03/10/2011 - 01:54 | 1035654 GoinFawr
GoinFawr's picture

Fellow ZH'ers, please: If you ever catch me saying something stupid to Escape Key, stop me before I start to piss him/her off.

Thanking you in advance...

Thu, 03/10/2011 - 07:31 | 1035850 EscapeKey
EscapeKey's picture

What did I state which was wrong?

Please can someone explain how credit default swaps in fact ARE debt, and in the same breath, explain how call options in fact are equity.

Personally, I look forward to the research paper on this breakthrough academic achievement - I didn't realise I could own a house simply by buying insurance on it.

Btw - I'm male. My avatar is Anna Chapman. Just because she doesn't have her tits exposed doesn't mean she can't be attractive.

Wed, 03/09/2011 - 20:31 | 1034693 A Nanny Moose
A Nanny Moose's picture

Would that be Mount St. Helens before, or after the eruption?

Wed, 03/09/2011 - 18:57 | 1034425 Eally Ucked
Eally Ucked's picture

Oh boy,

You're again at that game, don't worry about 6bln here and there, 2% of debt and other shit, this is just small part of big pile of shit. The pile smels and who cares if 2% of it is

more smelly.

Wed, 03/09/2011 - 18:23 | 1034313 Duuude
Duuude's picture



It is not a Federal anything.


It is the Bankers' Reserve owned and operated by the banks.


Wed, 03/09/2011 - 18:34 | 1034370 Michael
Michael's picture

The Federal Reserve Corporation, printed 2 trillion paper dollars in the past 3 years out of thin air and gives much of that money to it's subsidiary banks watering down the value of money in your wallet. This caused world food prices to rise which in turn caused riots an revolutions in other parts of the world and here at home.

Wed, 03/09/2011 - 21:46 | 1034871 CU1981
CU1981's picture

FRC - I like it and will start using it in daily conversations .

Thu, 03/10/2011 - 11:14 | 1036490 Pope Clement
Pope Clement's picture

Nice Michael- a simple linguistic deprogramming tool to counter their effective nomenclature subterfuge. +1

Wed, 03/09/2011 - 18:26 | 1034326 eatthebanksters
eatthebanksters's picture

You want to stimulate the economy?  Instead of giving trillions to the banks who won't lend thus leading to the collapse of the markets (granted there is way to much debt out there, private and public), why not just hand out the cash to every American, let them buy, let them put the money in the banks.  The economy cranks up (consumerism flourishes under this program), the banks get cash and have bankable clients (as no one loses homes or gets foreclosed on ever again).  Come to think of it, why don't we just do this every year? ;-)

Wed, 03/09/2011 - 18:31 | 1034351 EscapeKey
EscapeKey's picture

It would trigger instantaneous inflation.

Wed, 03/09/2011 - 19:32 | 1034531 goldsaver
goldsaver's picture

As oposed to systemic inflation caused by the banks buying up comodities with their windfall profits? In scenario #1 everyone benefits a bit and there is an opportunity for demand spurred growth (artificially caused leading to a bubble, but growth non the less) In scenario #2 (current scenario) bankers get fat bonuses and buy up the raw commodities causing consumer product prices to rise (only the bankers benefit). Scenario #1 distributes the wealth to the populace, scenario #2 distributes the debt to the populace. Of course, considering that 30% of all income in the US comes from wealth redristibution from the producer class to the consumer class (that includes banksters) we are pretty much doing it now.

Wed, 03/09/2011 - 20:39 | 1034709 andybev01
andybev01's picture

$100.00 McValue meals...

Wed, 03/09/2011 - 19:36 | 1034537 goldsaver
goldsaver's picture

A better option would be a 100% Federal tax holiday for a year. I would not include re-distribution schemes were you pay in 2k and get back 6k ( making work pay, making pregnancy pay and making lousy life decisions pay tax credits). Let the producers keep their money since you are monetizing more money now that you are collecting anyway.

Wed, 03/09/2011 - 19:59 | 1034601 Ahmeexnal
Ahmeexnal's picture

Cash handouts are being given to Joe Sixpack.

They are called food stamps.

Wed, 03/09/2011 - 20:39 | 1034711 A Nanny Moose
A Nanny Moose's picture

Which is a cash handout to JP Morgue

Wed, 03/09/2011 - 19:07 | 1034392 johnQpublic
johnQpublic's picture

longer view of same interview...he really gets up bernankes ass


Wed, 03/09/2011 - 21:46 | 1034872 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

son of a bitch!! LMFAO

Wed, 03/09/2011 - 23:57 | 1035299 Michael
Michael's picture

Thank You, thank you, thank you JQP.

If you watch this video with the Dead Elephant video on mute, you see how the establishment view the tea party.

Ron Paul & Peter DeFazio "Democrats & Republicans Are Afraid Of Being Called Soft On Defense"

Thu, 03/10/2011 - 01:18 | 1035640 IQ 145
IQ 145's picture

 opinion shaping; consensus building; they aren't in touch with the public opinion. We need a champion to make it clear on TV that the public doesn't want or need any more foreign wars. The Swiss government is very well able to take care of itself; but its' defense forces only exist for the purpose of defense. What a concept!

Wed, 03/09/2011 - 18:45 | 1034398 lincolnsteffens
lincolnsteffens's picture

Congratulations Michael,  again I didn't junk you. That is a good concept.


Wed, 03/09/2011 - 19:20 | 1034499 Michael
Michael's picture


Who owns and controls the Federal Reserve

Beautiful diagram of ownership here;


Wed, 03/09/2011 - 19:38 | 1034545 WaterWings
WaterWings's picture

Good work, Mikey. I think you were the one that converted me to the site back in '09.

Thu, 03/10/2011 - 04:32 | 1035904 cranky-old-geezer
cranky-old-geezer's picture

It's that word "corporation" that gets peoples attention

Good luck getting sheeple's attention on anything besides football (men) and Dancing With The Stars (women).

Wed, 03/09/2011 - 19:31 | 1034532 Revolution_star...
Revolution_starts_now's picture


That's the thing, you see we have worlds reserve currency. We got this thing and I mean it's F'n golden, I ain't gonna just give it away.

You see if we had tiger blood and Adonis DNA we would force the fed to buy every damn piece of government debt ( hell give them some more mortgages too), then we fold the Bernank like a lawn chair and DUH winning warlock style basin a eight-ball rock get'n a porn girl knob and poundin a few beers.

Wed, 03/09/2011 - 20:19 | 1034662 cosmictrainwreck
cosmictrainwreck's picture

love the way you quote Blaggo (bloggo?) there. he's sure wormed his way into American psyche, hasn't he? am searching madly for something the boy epitomizes........ gotta be something.... oh! politics?

Wed, 03/09/2011 - 20:21 | 1034664 Michael
Michael's picture

The question is,

If we fold the Federal Reserve Corporation right now will they and their subsidiaries be left holding the bag of shit they bought or will the American people?

Thu, 03/10/2011 - 02:10 | 1035748 Milestones
Milestones's picture

We do not "fold" we destroy the Fed and subs and then default. 12 Air Craft Carriers should take care of the left over problems.      Milestones

Thu, 03/10/2011 - 05:16 | 1035917 cranky-old-geezer
cranky-old-geezer's picture

World reserve currency suddenly worthless with no replacement. 

Any new currency put out by American govt is laughed at, not accepted by any nation, especially oil producing nations.

America can't buy anything on world markets, especially oil.

American economy collapses overnight.

China & Russia thoroughly pissed off at America defaulting on 1+ trillion debt they hold, China/Russia/India/Iran alliance see America crippled with no oil imports, decide now's the time, strike with everything they have, China's new anti-ship ballistic missles take out all 12 carriers, China / Russia / India nukes rain down turning most American cities to smoking craters, while other nations applaud the "great satan" imperialist world bully being taken down once and for all.

Yep, wonderful idea. 

Thu, 03/10/2011 - 11:51 | 1036623 cosmictrainwreck
cosmictrainwreck's picture

well, imho, you got it only half right. they ain't gonna blow everything up, just walk in and colonize the goddamn turf that used to be called USA

Wed, 03/09/2011 - 21:11 | 1034778 caconhma
caconhma's picture


Thu, 03/10/2011 - 00:32 | 1035514 Homeland Security
Homeland Security's picture


