Hello QE4: $45B TSY/m with jobless > 6.5% / BDI Minus 8% Overnight, Most Since 2008

Hello QE4: FOMC Does Exactly What Market Told It To Do

http://sgtreport.com/2012/12/fomc-does-exactly-what-market-told-it-to-do/ Read More



Someone can be out of work and not be counted as jobless and I suppose someone looking fir a job could just kill themselves to effect a reduction in the jobless rate.

CNBC hosts are using words like eternity and forever with a smile while I have my head in my hands.

ZIRP for eternity – CHECK – $40B MBS monthly for eternity – CHECK – $45B treasuries monthly for eternity – CHECK.

Gold or silver in your pocket – PRICELESS.

I wonder how much more physical gold and physical silver will be flying off the shelves from today.


Baltic Dry Plunges By Over 8% Overnight, Most Since 2008



India Must Tap Household, Temple Gold to Reduce Imports

http://www.brotherjohnf.com/archives/106562 READ MORE

“India, the world’s largest bullion buyer, should mobilize idle gold lying with its citizens to curb imports and lower a record current-account deficit, according to the All India Gems & Jewellery Trade Federation.”

“Households and temples carry about 25,000 metric tons”

“Imports climbed to a record 969 tons last year”

Who is doing most of the buying of this 969 tons ? Households, I think.

So they will mobilize ‘idle’ gold from households so that households can buy it – what nonsense is this ?


How A Handful Of Unsupervised MIT Economists Run The World


“In other words, they are accountable to absolutely nobody.”

“Which is to be expected: after all they are conducting the greatest experiment in monetary, geopolitical and social history. If they fail… when they fail, everyone loses.”


Goldman’s BOE Tentacle Has Not Even Arrived And Already Advocates Massive Money Printing



Mark Carney, Incoming Governor of the Bank of England, Dives Straight Into Monetarist Loony Bin

http://www.brotherjohnf.com/archives/106519 READ MORE


Just Print: QE4 on the Horizon?



Why no criminal charges in HSBC case? Not mere negligence but a criminal scheme


“(CBS News) As bank slogans go, they don’t come worse than this: “The preferred financial institution of drug cartels and money launderers.””

“Notre Dame professor Jimmy Gurule, who investigated money-laundering cases for the Treasury Department, said: “We’re not talking about mere negligence. We’re talking about a criminal scheme that was adopted as a policy of HSBC that involved looking the other way in regard to suspicious transactions involving money laundering.””


Berkshire Seeks To Avoid 2013 Tax Hike, Buys Back BRK Shares



Why Socialism Failed – it does not offer the wealth of incentives like free market capitalism at every level does


“Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.”

“In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.”

“A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.”

“In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!”

“Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don’t matter!”

The essence of collectivism is central planning and central banking so please do not make the mistake of thinking that we are operating in a free market capitalism. All of the incentives offered at every turn by free market capitalism would return every economy to prosperity if only the people were properly educated about economics.

“The only alternative to a market price is a controlled or fixed price which always transmits misleading information about relative scarcity. Inappropriate behavior results from a controlled price because false information has been transmitted by an artificial, non-market price.”

“Look at what happened during the 1970s when U.S. gas prices were controlled. Long lines developed at service stations all over the country because the price for gasoline was kept artificially low by government fiat. The full impact of scarcity was not accurately conveyed. As Milton Friedman pointed out at the time, we could have eliminated the lines at the pump in one day by allowing the price to rise to clear the market.”

“From our experience with price controls on gasoline and the long lines at the pump and general inconvenience, we get an insight into what happens under socialism where every price in the economy is controlled. The collapse of socialism is due in part to the chaos and inefficiency that result from artificial prices. The information content of a controlled price is always distorted. This in turn distorts the incentives mechanism of prices under socialism. Administered prices are always either too high or too low, which then creates constant shortages and surpluses. Market prices are the only way to transmit information that will create the incentives to ensure economic efficiency.”

Profits and Losses

“Instead of continually reallocating resources towards greater efficiency, socialism falls into a vortex of inefficiency and failure.”

The piece continues with plenty of good stuff.

Private Property Rights

Incentives Matter


‘Damage’ control – Goldman chief drowning in record $16B bonus pool (September 24, 2009)


“Goldman accepted $10 billion in government rescue funds to help it stay afloat last year as the credit crisis roiled the entire market. The bank, however, bounced back sooner than its rivals, leading some observers to think the bank leveraged its government subsidies to churn out bigger profits.”

That $10 billion could have been leveraged by 545 times by Goldman Sachs.


Silver Update 12/11/12 Collectivist Collapse


The tulip bubble of 1637 but what uses does a tulip have ? Crude oil has the most uses of any commodity – 30,000 – silver is second with 10,000 uses.


Silver ready to catch up with 32 years of price suppression and break the $50 all-time high of 1980



Farage: Eurozone leaders behaving like drug addicts and alcoholics



Farage: ‘Good Europeans’ would break up the eurozone



The world’s low-growth, economic disaster zone – Nigel Farage



SOLA 5.26 Economic Evaporation



SOLA 5.27 Panic Now Beat The Rush



Iceland’s Hörður Torfason – How to Beat the Banksters


“The tiny Nordic European island country of iceland is presently experiencing one of the greatest economic comebacks of all time.  After the privatization of the banking sector completed in 200o, the economy was thrown into a tailspin when over a five year period,  private bankers borrowed 120 billion dollars (10 times the size of Iceland’s economy). A huge economic bubble was created, causing house prices to double, and making a small percentage of Iceland’s population rich enough to buy up overseas investments, mansions, yachts, and private jets, while leaving an absolutely un-payable debt for all Icelanders. Iceland was facing national bankruptcy.”


Third World Amerika: Only 7% of Detroit Public-School 8th Graders Proficient in Reading

http://sgtreport.com/2012/12/third-world-amerika-only-7-of-detroit-public-school-8th-graders-proficient-in-reading/ Read More

“only 4 percent scored highly enough to be rated “proficient” or better in math.”

This is utterly dismal and while I can only thank god that I did not have the modern teaching methods, that are broken, inflicted on me, I am utterly aghast for the lost generation suffering the damage.

And I wonder what are the reading and math rates for home schoolers ?


The Vaccine Hoax is Over

http://www.brotherjohnf.com/archives/106385 READ MORE

Freedom of Information Act in the UK filed by a doctor there has revealed 30 years of secret official documents showing that government experts have”

“1. Known the vaccines don’t work”
“2. Known they cause the diseases they are supposed to prevent”
“3. Known they are a hazard to children”
“4. Colluded to lie to the public”
“5. Worked to prevent safety studies”


Federal court says free speech protection applies to Big Pharma drugs, but not nutritional supplements http://www.naturalnews.com/038318_free_speech_Big_Pharma_nutritional_supplements.html#ixzz2Ero2xo86

“peddling prescription drugs for “off-label” uses.”

“unfairly discriminates against manufacturers of dietary supplements by making it impossible for them to share the health benefits of their products with customers in any reasonable way.”

It is either BOTH or NEITHER, it is not one has it and another does not have it.

“And so manufacturers of dietary supplements have little recourse: either keep quite about the health benefits of their products, or be subject to regulatory action.”

Don’t let me tell you that there are massive health benefits to dietary supplements but consider what big pharma will do to protect their massive profits.


Taking the call for Food not Fuel to MEPs in Brussels



Open letter to UN Secretary-General: Current scientific knowledge does not substantiate Ban Ki-Moon assertions on weather and climate, say 125-plus scientists


“The “even larger climate shocks” you have mentioned would be worse if the world cooled than if it warmed. Climate changes naturally all the time, sometimes dramatically. The hypothesis that our emissions of CO2 have caused, or will cause, dangerous warming is not supported by the evidence.”


Norway Begins Four Year Test Of Thorium Nuclear Reactor



‘Now he’ll learn how it feels to be helpless’: victim


““I can’t wait until he’s in prison,” said the young lady, who, starting at age 12, saw her purity, her innocence, her very life stolen by a brutish Satmar pig named Nechemya Weberman.”

“But yesterday, Weberman was convicted in Brooklyn of sexually abusing this young lady, now 18, repeatedly and cruelly, for three long years. He was her tormentor. There was no escape. But after a trial that ripped open the veil concealing the Orthodox Satmar Jewish sect, a religious subset whose leaders the victim calls “the Jewish Taliban,” Weberman will never again be free to hurt girls.”

I am so sick and tired of all this paedophilia and male-vs-female paedophilia makes my blood boil a tiny bit more than male-vs-male paedophilia.


Citing growing division among Australian Jews over Israel, cartoonist refuses to apologize for likening Gaza to Nazis’ victims


Perhaps when the government of Israel stops brutalising and murdering Palestinians then people will stop being critical of the government of Israel.


You can now get sent to court for sharing a link


The solution is to share instructions on how to access the information (ie enter this URL, click on this, click on that).


Bahrain Posters: ‘Terrorism is an US Industry’


“In the Shiite neighborhoods of Sitra in Bahrain, these posters are reportedly all over the place:”

“The picture on the bottom right-hand corner is John Timoney, the ex-US police chief whose expertise was tapped by the US-backed Bahraini dictatorship to crack down more efficiently on peaceful protesters.”

“The Obama administration, contrary to its own propaganda about being on the side of the people in the Arab Spring, has continued to lend economic, military, and diplomatic support to the tiny Persian Gulf monarch throughout its brutal repression of peaceful demonstrators since early 2011, when forty-seven unarmed protesters were shot and killed with live rounds by security forces.”

Do not listen to what the hypocrites say, watch what they do.


Obama Likely To Approve Gold Sanctions on Iran As Currency Wars Escalate

http://sgtreport.com/2012/12/obama-likely-to-approve-gold-sanctions-on-iran-as-currency-wars-escalate/ Read More

“The U.S. and the European Union say Iran is secretly pursuing a nuclear weapons capability. Iran says its nuclear program is strictly for civilian energy and medical research.”

Round and round and round we go with WMD lie 3.0


Wasserman-Schultz: ‘It can’t be my way or the highway’


“she does NOT do the bidding of her constituents. Schultz says that she knows better than the people that sent her to Washington what to do.”

If her constituents don’t recall her and boot her out of the seat then they are fools.


Satirist of Drones Arrested by NYPD



Dominant Social Theme: This kind of agitation needs to cease.”

Free-Market Analysis: There are two problems with the arrest of Essam Attia. The first is that the police apparently went out of their way to arrest him. Thus the NYPD is applying the law unequally.”

“The second problem is that what Attia is doing is satire and is thus a legally protected activity.”

“The larger dominant social theme is that authorities know best. The subdominant theme is that people ought not to mock authority.”

In a video interview posted on animalnewyork.com in September, Attia—his voice disguised and face hidden—said that he posted the images “to create a conversation about the deployment of drones in American airspace. We have to remember that right now, internationally, they are being used to kill people. They’re armed: they shoot missiles. We’re fighting an illegal war in Pakistan and no one seems to want to talk about it.”

In 2012 the USA is fighting an illegal war in Pakistan, in 52BC Julius Caesar was fighting an illegal war Gaul – nothing changes except the names.


VIDEO: Woman Brutally Tased By Police For Trying To Buy iPhones


“Police claim she then resisted arrest, forcing them to use a taser on her. Onlookers captured the incident on a camera phone. Li can be seen writhing on the ground as the cracking electricity of the taser causes her to scream.”

Two male police officers could not subdue this woman without the taser – give me a bloody break.

“Yesterday we reported on an ongoing case involving a brutal taser incident. Police attorneys are arguing that it is constitutional to force people into obedience with a taser, and that shocking “suspects” who do not comply, even at point blank range, and even if they are already subdued or in custody, constitutes use of the Taser “in the manner in which (it) was intended to be used”.”


The Jewish Suicide Bomber Who Tried To Blow Up The U.S. Capitol


“On October 18, 1983, a suicide bomber strapped with explosives was caught in the spectators’ gallery of the US House of Representatives, attempting to blow up the US Capitol.(1) The reason most Americans know nothing of this plot, is that the terrorist was a Jewish Israeli named ‘Israel Rabinowits’.”


Police Brutality in the USA


I do not agree with the comment the YouTuber makes at 5m50s. Listen to all, follow none.




The guy at 2m45s asks the police officers what’s the charge to which one police officer replies ‘it doesn’t matter’ – what nonsense is this ?

I thought there has to be a particular law being violated by someone before they got arrested ?

What has happened to ‘I am arresting you on suspicion of x’ with x being a violation a particular law ?

At 6m35s begins the vicious brutality inflicted upon Brit Mark Aspinall in a street in Wigan which includes banging his head on, and scrapping his face over the tarmac of the road. Someone having such brutality done to them is meant to NOT resist in the hope that these guys won’t end up killing them.

8m10s “later convicted of two counts of police assault” – did the jury see the same video of the assault on Mark that this guy showed us ?

At 10m35s one police officer got out a gun and shot into the ground feet away from a guy’s head while he was lying face down on the ground but did you see the guy do any resisting ?

People being used as chew toys or flung around like rag dolls or for target practice – WHAT THE BLOODY HELL IS GOING ON ?


Girl Speaks Out on Sexual Assault, Defies Judge


The victim gets gagged by the judge – f**king bollocks to that. Just what the crap is going on here ?


The First Casualty of War is Truth; Gallipoli, the ANZAC Spirit Myth and Waltzing Matilda


“Knightley convincingly tells us that in order to start or perpetuate a war, a nation has to lie, and the lies start with the approved war correspondent or “embedded” journalist who obediently only tells pre-approved versions of what is really happening in the war zone.”

“It is a historical truth that if an aggressive nation-state can’t get its intended victim to start a war, it can always cunningly provoke him into drawing “first blood”. That, of course, goes for most bullies, even the playground ones.”

“In the case of wars, aggressor nations can distort the truth by claiming self-defense as the motivation. Invasion and occupation can easily be obfuscated by the nation’s propaganda machine by calling it “liberation” or “protective custody” rather than the criminal acts of theft and murder. Sadly, whistleblowing truth-seekers who try to expose the truths about the dirty underbelly of war usually are silenced and accused of being unpatriotic or subversive or, in the case of capitalist or fascist nations – “soft on communism”.”

“Examples of the “Lies that Men Kill and Die For” would include the following short list of just the last two American wars. In the first Gulf War, President George Herbert Walker Bush lied when he claimed that US satellite photos showed Iraqi troops massed on the border of Kuwait. Then he promoted the false testimony of a Kuwaiti girl (actually the daughter of the Kuwaiti ambassador to the US) who tearfully told a false story about Kuwaiti babies being thrown out of their incubators by cruel Iraqi troops. Both these and a number of other propaganda stories were soon shown to be lies, but most of us gullible Americans had already bought into the stories and enthusiastically endorsed the illegal invasion, led, of course by paid war correspondents and uber-patriotic retired generals on CNN and all the other major media outlets.”

“To really appreciate the truth about the Gallipoli disaster, interested readers should go beyond watching the movie. The real story of the 250,000 total casualties suffered by both sides can be found by googling “Gallipoli Disaster Documentary” and watching the 5-part series. Gallipoli is just another example of yet another shameful episode in the history of warfare that was lied about and/or unreported at the time by the few war correspondents, military leaders and politicians who were either witnesses or accomplices of the disaster but who refused to tell the embarrassing truth. The documentary evidence uncovered by unbiased historians tells a vastly different story than what was told during the war.”


Zombie Entertainment: A Lesson in Cognitive Dissonance and the Red Pill


“The most popular show in cable TV history is The Walking Dead. Dozens, if not hundreds, of zombies are slain in every episode.  Head shots are taken with no more compunction than swatting as mosquito before it lands on your arm. An axe to the skull, a pick through an eye socket, blunt objects, arrows, daggers – anything goes. What’s more, it doesn’t matter if the zombie is a man, woman or child – it must be killed immediately as it staggers hungrily towards you.”

“We are being pre-conditioned to accept the inevitable scenes of death that will be flooding our evening news, so that we won’t object when we watch these real-life incidents of mass extermination. We are being socially programmed to find the unacceptable to be a matter-of-fact, everyday occurrence when we watch an axe be delivered to the head of a dirty, hungry, feral child. Forget racism – we are being taught a new kind of bias – the categorization of someone terrified and hungry as something less human than us – a threat to be enthusiastically destroyed without remorse.”

“During the 1950s, Solomon Ashe conducted a series of experiments on conformity.”

“It’s a lot harder to brainwash people who know they are subject to manipulation. By your very awareness of the motives behind entertainment and media patterns, you can protect yourself. Don’t allow yourself to be mindlessly “entertained” by death and violence – don’t allow this to become the social norm. When/if you watch things like this, do so with an engaged mind – don’t be a passive recipient.”

“Fight the cognitive dissonance by thinking critically and allowing yourself to be uncomfortable with the reality being forced upon you by the media. That’s what taking the red pill is all about.”

Someone frightened and hungry is NOT a zombie.




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