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the bear is back biatches!! printing cancel....
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Bottom line there are good Js and evil Js , there are good white trash and evil white trash ... Etc etc through the races

But when you are the most intellectually superior race and you are in a position to have a large impact on the world at large both your goodness (i generalize with math, science and medicine) and evilness are going to have the greatest impact


Obviously there are plenty of evil white trash banksters to go around ..

Anyway I don't know where I'm going with this anymore I'll stop :)
 

Virtus Junxit Mors Non Separabit
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hmm, but theres no universal morality, or is there? is what benefits the west always evil? always good? to whom?

I think you have a fundamental belief that fracitional reserve banking is evil, why? risk is part of free enterprise

do you really believe youd be better off, or even the world would be better off if Gaddafi was successful in accepting Gold Dinar vs US $ for Oil?

As an example. .... Can you see a bigger picture?

Anyways youre not a dumb redneck, and dont lose sight of the greatest power you have, to procreate! I alwasy see you as this pessismist, but its not so bad...

peace
 

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On kids ... I'm not born into money and I have a hardcore case of the lazy hates the rat race don't care how big I build by fiat stack to show the world how successful I am white trash gene

Kids nowadays especially are wayyyy to much responsibility ... Costs soaring can't imagine what a college education will cost in 15 years ... Having to deal with all the liberal filth that has infested society as a whole...

Seems kinda pointless to bring new life into this increasingly Orwellian society that I despise... Adoption seems more practical to me help out sonebody that needs it ... Kids can be such a crap shoot too try your damnedest fall into wrong crowd etc ... Creating your own kin is somewhat selfish in nature ... Obviously there is a biological function but now that we got billions I think my species is safe it's main threat is each other ... As I ramble to who knows where

I do come off as this uberly gloomy guy but it's only here mainly ... Its my venting zone .... Regular life I enjoy myself as much as possible as my knat self whirls around on a rock in space with absolutely no clue what the point of is in it all :)
 

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On the question of can I see the big picture?

No

Nor can you

Or anybody else for that matter the world is too vast and complex for anyone person to have the right answers for humanity as a whole

Here's the thing the one place I'm an optimist is in humanity, freedom, liberty, free markets ... "they" on the other hand are pessimists who think they have the answers to all the worlds ills ... That a few unelected officials know exactly the correct monetary policies that are best for the stability of the world at large .... F that shit ... Let the shit roll and see how it plays ... It may not be pretty but at least it's fair ... today the rigging for the elite is totally out of control... It's blatant it's outta control no one who rationally analyzes the situation can deny it

I think the thing that gets me most is I've seen how far we've come as far as math, science, technology etc ... But as far as economics and politics we are living in the dark ages ... It just looks a bit different ...
 

bushman
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An interesting news item on Scotland, they have been going nuts on wind and tidal stuff recently

The Scottish government said that, assuming gross consumption in 2011 was similar to 2010, about 35% of Scotland's electricity needs came from renewables in 2011, beating its interim target of 31%.
http://www.bbc.co.uk/news/uk-scotland-18625801

The target is 100% by 2020, by which time the oil and gas price will be virtually irrelevant for power costs

So if I was an energy hungry business I would look at moving to Scotland to cut energy costs bigtime... so the non-renewables places need the price of O&G to stay down or they are fucked

With electric vehicles coming on line It looks like this sort of thing will eventually put a cap on fossil fuel prices
 

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Specificially oil not used much anymore for electricity ... 8% of power in the US on my google hit

Check out thorium nukes....


Regardless though the global economy's life blood is oil ... China has their industrialization boom going using cheapest dirtiest stuff they can find .... So any transition away from it will be very slow on top of the "they" clan standing in the way of change as oil big profits for the elite
 

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What Romo is trying to tell you tiznow, and it *may* be sharp......TPTB are screwing things up on purpose, so we can become better ourselves. These guys honestly believe that, and since they control the dice, you have to adapt yourself, right or wrong it may be.

Whatever you give them too much credit.... "they" got greedy on the debt enslavement front and now we in a pickle .... End of story
 

Virtus Junxit Mors Non Separabit
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Oil is also directly related to population growth

r based evolutionary model of humans with lower IQs, is less parental investment (reling more on the tribe than the father)...is to have as many children as possible to ensure survival.. call it trbal communism... they are barely figuring out agricultural today

vs the K model (most of the west), is reverse, higher IQs, more parental investment, less reproduction... call it agriculturalist

When you give r model peoples youre advantage, the r's dont stop their predisposed reproduction rates...

the old adage of dumb people have more kids, is proven by science

add in peak oil ( hard to ignore)

eventually the r's win, clearly, why is tribal communims so popular worldwide right now?

http://www.youtube.com/watch?v=TKVLgYrr930&feature=plcp

look at the video authors links as well
 

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Not really running out of oil just the cheap stuff

Fracking boom in NA due to high prices .... One of the few bright spots in the US economy ... Go up to dakotas etc UE almost nil can't find a place to stay etc ...
 

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Submitted by James Miller of the Ludwig von Mises Institute of Canada

The Supreme Court And Natural Law

I won a bet today.

A few weeks ago I wagered with a coworker that the United States Supreme Court would uphold the Affordable Care Act otherwise known as Obamacare.* He reasoned that the federal government has no authority under the Constitution to force an individual to purchase a product from a private company.* My reasoning was much simpler.* Because the Supreme Court is a functioning arm of the state, it will do nothing to stunt Leviathan’s growth.* The fact that the Court declared no federal law unconstitutional from 1937 to 1995—from the tail end of the New Deal through Lyndon Johnson’s Great Society—should have been proof enough.* He naively believed in the impartialness of politically-appointed judges.* For the first time he saw that those nine individuals are nothing more than politicians with an allegiance to state supremacy.

It was a tough but valuable lesson to learn.

As far as unintended effects are concerned, the economic justification for increased government regulation of the health care industry has been argued countless times up to this point.* Proponents of intervention are convinced that more bureaucracies, red tape, and central planning are the answer.* They have no knowledge of the pricing system and how it functions as the most efficient means through which consumers and producers can interact to come to an agreeable deal.* They don’t realize that the undersupply of doctors and care providers is a direct consequence of previous government intervention and occupational licensing.* Many actually believe that Obamacare wasn’t written by the insurance industry and isn’t a fascist-like appeasement of another deep pocketed lobbying campaign.

Common sense economics tells us that Obamacare will only lead to further inefficiencies and rationing as decisions of care continue to be made by third parties.* Once fully enacted, doctor offices will likely start resembling that of the waiting area of your local Department of Motor Vehicles.

All that aside, the Supreme Court’s upholding of the Affordable Care Act should serve as an eye opener to those who still believe the state exists as a protector of property and defender of the rule of law.

In the present day, the vast number of edicts coming from Washington can hardly be characterized as laws.* “But wait,” you may ask, “when legislation is passed by Congress, signed by the President, and ultimately approved by the Supreme Court, isn’t it now considered the law of the land?”* While it is certainly true that whatever scheme envisioned by the political class can be enforced by the state’s monopoly on violence, such rules of governance are more often than not laws in the traditional sense.

Historically, what was known as private or natural law rested upon the rational deduction of a set of ethically-based norms.* These norms focused on acts considered morally wrong such as assault, murder, rape, and violations of property in general.* Such aggressions were seen by classical liberal thinkers as detrimental to social cooperation.* According to 20th century legal scholar Edwin Patterson, the concept of natural law evolved from

Principles of human conduct that are discoverable by “reason” from the basic inclinations of human nature, and that are absolute, immutable and of universal validity for all times and places. This is the basic conception of scholastic natural law . . . and most natural law philosophers.

Or as Murray Rothbard wrote in his book The Ethics of Liberty:

The natural law is, in essence, a profoundly “radical” ethic, for it holds the existing status quo, which might grossly violate natural law, up to the unsparing and unyielding light of reason. In the realm of politics or State action, the natural law presents man with a set of norms which may well be radically critical of existing positive law imposed by the State.

Positive law is the kind enacted by the state that bestows special privileges to specific individuals.* Whereas natural law is essentially negative in that it disallows for the violent treatment of others, state-sanctioned positive law is the granting of reward that is necessarily provided by confiscatory taxation or government coercion.

What the state, which is institutionalized predation and force, embodies is antithetical to natural law and the very belief that violence is morally repugnant.* To characterize the Supreme Court as some great upholder of the rule of law in spite of it being a pillar in the state apparatus is insulting to any decent person that has a basic understanding of justice.

In lieu of the upholding of the Affordable Care Act, it’s now worth asking what the U.S. government can’t do to Americans.* As of right now, a sitting president can call for the indefinite detainment and execution of both citizens and non citizens alike with no due process.* The band of thieves known as Congress can force the public to purchase a good or service and order its goons to read private communications without prior consent or knowledge.* The dollar is constantly inflated to the benefit of major financial institutions, thus destroying the purchasing power of the money Americans are forced into using.* The American people are no longer afforded their rights to their property, privacy, or own lives.* Those discretions are currently in the hands of the various marionettes of Washington.* Whether it is occupied by outright fascists or closet socialists, the state has no regard for liberty in its incremental quest for omnipotence.

As Ludwig von Mises spent his life expounding:

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

In the world of centralized or constitutional government, rules are always made to be broken.* The irony in today’s Supreme Court decision is that it was never given the authority to strike down federal laws under the Constitution.* The power of “judicial review” was established by precedent in Marbury v. Madison, 5 U.S. 137 (1803) and was not explicitly granted in the language of the Constitution.* As Lew Rockwell puts it, judicial review is a

Usurped power not present in the constitution. The anti-federalists had anticipated it, however, seeing it as just another of the viciously increased federal powers to be enabled by the new constitution as versus the far more libertarian Articles, which had been overthrown in the federalist coup at Philadelphia.

Many legal scholars argue that judicial review is an implied power.* If that were so, their logic can be applied to each and every blatantly unconstitutional law enforced by the federal government.* And as history has shown, this is precisely what has occurred as the Constitution’s purposefully vague language has been the cornerstone for growing Washington’s dominance over every aspect of civil society.

The upholding of Obamacare is just more evidence of the totalitarian jackboot that continues to be pressed down upon on America’s collective throat.* Instead of Congress or the President, it was the Supreme Court’s turn to pave the way toward serfdom.* In a truly free society, all forms of violence would be condemnable and worthy of legal recourse.* Men with badges and guns would receive no special treatment such as they do today.* Thieves would be thieves.* Murders would be murders.* Counterfeiters would be counterfeiters.* And mobsters would be mobsters.* Titles such as “President,” “Congressman,” “police officer,” or “central banker” would mean nothing under a functioning system of proper law.

To those who may object to natural or proper law, it may be asked “would you not defend your life or the lives of your loved ones against potential aggressors?”* For those who answer in the affirmative, they have rationally assumed their property is theirs to protect and their life and the lives of the innocent can be defended from coercion.* The only other option would be for a society where no property, including one’s own body, is to be justifiably owned.* The widespread practice of the latter tends to be enforced through brutal totalitarianism.* The former is the foundation for peace, justice, and prosperity.
 

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lol, he and his teammates ripped germany apart, but today they faced a much more dangerous foe

for so long Spain was labelled the 'best team to never win the big one'. Of course, that ended in 2010. For the last 6 years they have owned the soccer world: 2 Euro Cups, and World Champions. Tremendous team play, massive individual skill all around......how about Fabregas today? :)

Spain 4, Italy 0

fuckin wow. Was there EVER A DOUBT?

:)
 

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Di Natalie had two great chances at the beginning of 2nd half to put Italy back on track, he blew them away. The sub decision was also a bad one as Montolivo was a real threat every time he had possession from Italian side, then Motta injured himself after 5 min of playing and wast stretched of the pitch, the Italian team fell apart.

Spain took their chances very well today, Italy did not, the rest is a history.
 

Don't assume people in charge know what they are d
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I have been posting about inflation but now am re thinking this.
Deflation is becoming a concern to me of late.
Money is not turning over and no spending.....thoughts??
 

the bear is back biatches!! printing cancel....
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The western world is still in the early stages of a debt deflation cycle which began in 2007... We bit off more then we could chew for way too long on the backs of debt, cheap Chinese exports etc.... Japan a smaller example of this that began well before 2007

The ECB and fed printing just being used to brace the fall and maintain the status quo as much as possible... To smooth it out ... Prolonging the agony for the little guy rather they allowing it to deflate quickly and get it over with ...

Inflation will be mild when you add everything up (homes, yachts, furniture, hotels, the latest tech gadgets etc... Shit u don't need to survive will deflate .. Food energy ... Shit u need will inflate) over the long haul and ZIRP will continue in the US for a long as time... As our central planners debase the ever expanding debt burden (today we passed the post WWII Peak debt/GDP)
 

Don't assume people in charge know what they are d
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Looking at PM's with deflation in mind.
Now with gold is a tier one asset and central banks buying, I get confused.
Inflation usually fuels gold(at least money printing), yet we have a neutral to upward trend in a possible deflationary cycle.

These times will go in the history books as how some people made a fortune.
 

bushman
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It's not real deflation
Food and energy are lifes essentials and essentials will continue to rise

The rest of it is "must have stuff" we can do without
 

the bear is back biatches!! printing cancel....
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Brent back to 100

Got tanking manufacturing data cross crossed with potential war and printing creating big volatility

---------------
US Military Re-Surging In Persian Gulf As Turkey Scrambles Jets For Third Day And Iran Fires Medium-Range Missiles
Submitted by Tyler Durden on 07/03/2012 09:34 -0400

If one only looks at equity or FX futures this morning, one would completely ignore the real action in the last few hours which is all about crude, where Brent just passed back above $100 and WTI is up over $3 on the session. The reason is that the market's ultra short term attention span has noticed the following piece from the NYT, which says nothing new, and which Zero Hedge readers have known for a while, yet as a regurgitation of an old theme, provides at least a "new" short-term catalyst: "The United States has quietly moved significant military reinforcements into the Persian Gulf to deter the Iranian military from any possible attempt to shut the Strait of Hormuz and to increase the number of fighter jets capable of striking deep into Iran if the standoff over its nuclear program escalates. The deployments are part of a long-planned effort to bolster the American military presence in the gulf region, in part to reassure Israel that in dealing with Iran, as one senior administration official put it last week, “When the president says there are other options on the table beyond negotiations, he means it.” Supposedly this is news, even though a month ago we observed the latest very much expected accumulation in the 5th Fleet in "And Meanwhile, In The Arabian Sea..."

Of course, the escalation posturing continues on both sides, as Russia and China are no longer shy about their particular interests in the region: "Iran said on Tuesday it had successfully tested medium-range missiles capable of hitting Israel in response to threats of military action against the country, Iranian media reported. The Islamic Republic announced the "Great Prophet 7" missile exercise on Sunday after a European Union embargo against Iranian crude oil purchases took full effect after another fruitless round of big powers talks with Tehran. Iran's official English-language Press TV said the Shahab 3 missile with a range of 1,300 km - able to reach Israel - were tested along with the shorter-range Shahab 1 and 2."

And just to make sure if and when all hell breaks, NATO is involved too, we read that Turkey scrambled jets for the third day in a row just to keep the provocations going. From Reuters:

Turkey's armed forces command said on Tuesday it had scrambled F-16 fighter jets for a third consecutive day on Monday after Syrian transport helicopters were spotted flying near to the Turkey-Syrian border, but there was no violation of Turkish airspace.
*
It said in a statement a total of six jets, four from a base in Incirlik in the south and two from Batman in eastern Turkey were scrambled in response to Syrian helicopters flying south of the Turkish province of Hatay, within 1.7-4.5 nautical miles of the Turkish border.
Actually, in retrospect perhaps one should ask why it isn't WTI that is crossing back over $100 following this barrage of belligerent news.

Finally, here is how the US naval distribution around the world looked like as of last week, courtesy of Stratfor:
 

the bear is back biatches!! printing cancel....
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If they manage to keep pushing it after the no volume holiday trading ... I'll be crawling back in my cave
 

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By Bill Frezza, originally posted in Forbes Magazine

Lamenting The Lost Legacy Of Independence Day

Why do we still celebrate Independence Day? Is it a lingering habit, a mindless bit of nostalgia, a time to indulge in fireworks and barbecues, devoid of any deeper meaning? Can anyone honestly argue that our nation still honors the values, or practices the principles, for which our Founders fought?

Today, most Americans have been trained to be embarrassed by the “extremist” individualist ethos that made the protection of liberty the primary purpose of government. They have been taught to apologize for the shortcomings of the “rich white men” who led the revolution. A majority of Americans now subscribe to an expansive view of government as both great provider and beneficent leveler. Its primary purpose is to redress unequal or unhappy outcomes, regardless of their source, through wealth redistribution on a scale so vast that it mocks the concept “private property.”

As for the causes of revolution, we’ve lost sight of them, too. King George III was a champion of laissez-faire compared to the modern cradle-to-grave entitlement state. The swollen capital city named after the man who won our freedom now claims the prize for erecting “a Multitude of new offices” bent on sending out “Swarms of officers to harass our people and eat out their substance.” If there is a field of endeavor that the federal government does not yet regulate, subsidize, or penalize, just wait. A new law is only a “crisis” away.

Have these new offices been imposed on us by some malevolent force that has undermined the workings of democracy? No. We the people ceaselessly demand new offices at an accelerating rate. The majority of Americans vote as if they believe that massive new government programs— created by incomprehensibly complex laws and administered by increasingly unaccountable bureaucrats—can solve an expanding array of “problems” which our Founders would have surely concluded were the proper province of civil society and not the sovereign state.

The King was criticized for unjustly imprisoning seamen. Today, our federal and state governments imprison more of our fellow citizens than any totalitarian regime in history—the vast majority for violating a futile prohibition on the possession, sale, or consumption of substances our Founders would not have thought twice about. Vast portions of our youth are thus rendered permanently unemployable, branded as felons and outcasts with nowhere to turn but a life of crime. And yet we persist in this folly, unable to admit that drug prohibition has been as huge a failure as alcohol prohibition.

And taxes? The Founders knew a tax when they saw one—and there were very few they could abide, with or without representation. Thanks to a Supreme Court that long ago gave up defending the Constitution, we now have a chameleon levy that is not a tax when politically inconvenient yet magically becomes a tax when seeking constitutional muster. As if we didn’t have a wide enough variety of taxes, this new tax is designed to penalize anyone who refuses to participate in a great communal project designed to make every citizen even more deeply dependent on the government.

Little by little, the home of the brave and the land of the free has become a nation of rent-seeking dependents clamoring for their share of state largess. Even before the latest entitlement blowout called Obamacare, we crossed the line where more than half of Americans receive some kind of assistance from the government every month, paid for by the fewer than half that still pay income taxes. As we move into the future and the number of dependents grows while the taxpayer pool shrinks, we call the result social justice rather than its old name: theft.

Our forefathers shed blood rather than render unto King George. Yet today we madly mortgage our nation’s future to foreign powers, piling debt upon debt without limit or thought as to how it will be repaid. These debts ensnare our children and grandchildren even as we stop having them, confident in the knowledge that the government will take care of us in our old age, so why bother with the trouble and expense?

If we were still a nation capable of shame with enough intellectual integrity to call things as they are, if we hadn’t debauched our language as badly as our currency, if we had the courage to look in the mirror and see how woefully we have squandered our Founders’ legacy, this Fourth of July would be a day not of celebration but of atonement.

Give some thought to what we have lost as we mark another In Dependence Day. May providence have mercy on our nation, lest we end up getting what we deserve.
 

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