Debt Rattle April 8 2019

 

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  • #46556

    Pablo Picasso Young girl throwing a rock 1931   • British Voters Say Give Us A Strong Leader Willing To Break The Rules (R.) • May Faces Intense
    [See the full post at: Debt Rattle April 8 2019]

    #46557
    V. Arnold
    Participant

    Many decades ago, I heard that saying sorry is an excuse for repeating said offense, over and over again.
    As opposed to an apology; which offers acknowledgment and understanding of the offense; thereby making it unlikely to repeat at a later date.
    I rather liked that…

    #46559
    V. Arnold
    Participant

    Pablo Picasso Young girl throwing a rock 1931
    I’m hopelessly lost on that one…
    Unless of course, that is the point…

    #46560
    Dr. D
    Participant

    “British Voters Say Give Us A Strong Leader Willing To Break The Rules (R.)”

    Be careful what you do when you ask for a populist strongman. There are a lot of people in the wings, waiting to be offered as the final solution. Another on the very long list of reasons why that person must reduce government power and mandate and not expand it.

    “May’s only response on Sunday was a homespun video that called for a compromise solution,”

    Sigh. Compromise like the way she said “My way or no way at all?” Like how only 3 years later she deigns to speak to the honorable opposition on matters that concern all Britons? Compromise to these people is saying “Submit or die.”

    “Labour Jewish Members Declare Party’s Leadership ‘Antisemitic’ (Ind.)”

    Pretty interesting they can’t come up with any specific examples. At all. If this antisemitism is so rampant, surely somebody somewhere has been insulted or disenfranchised. Can you name them? Name one? Point to a single specific example?

    I mean, here we had left organizers say “Jewish people had “a special collective responsibility as exploiters of black and brown people” supporting life-long antisemite Farrakhan wholeheartedly, and Representative Omar supporting Muslim sites that regularly cartoon Jews as rats. (picture here too offensive to post, even for me) You know, that kind of racism. And they can’t find a single example in all of Britain in the entire Labour Party? Wow, props to Britain were that true.

    Yup, more garbage, which only shows me Corbyn is not an anointed insider. That’s all that really matters, he *might* inconvenience rich people by helping, you know, Labour and laborers. Try to stop people from being killed in other nations for their religion and race.

    “supporters will try to tear each other down with “wokeness” tests that could leave the party hopelessly divided.”

    Yes, the “ideological purity test” that leads to the “circular firing squad” Obama mentioned yesterday. This is the common thread of all zealots and cults because if they were self-supporting, they would be normal, have discussions without excommunications, and not gone over the horizon into darkness. It’s okay to improve and to point things out for improvement. The trouble comes when you’re practically perfect in every way and can tell everyone else what to do. When your life and career, your worldview requires branding a scarlet letter on every chest, before long it’s branded on yours as well. Then your standard is perfection so nobody makes it through the gate and nothing gets done … by your people at least. The enemy could care less about your problems, doesn’t shoot themselves, and takes no days off. Fault finders find fault in a faulty world. So? What else is new? The problem is there’s no redemption and no forgiveness. It’s social Calvanism, where only the elect deserve heaven and everyone else is irredeemable demon-spawn. You can never, ever #MoveOn.

    “If the Democrats want to know “if the IRS is doing its job auditing the president, they could ask the IRS..”

    This is going to be hilarious because Trump, Inc was audited pretty much all the time. If there was anything, they’d both have paid back when, and the tax forms would have leaked from the IRS like everything else in government. – If Comey is willing to send all his ‘recollections’ on record to his media source, knowing he must be suspected, if isolated Top Secret special projects that killed like 18 people, which are on special islanded computers inside a no-pencil, no-phone SCIF are leaked all the time lately, what are the odds not a single person in the IRS is willing to ‘Access file: Print’, on Trump’s returns? Practically zero. But if you’re not done yet, go ahead, keep digging. Is there stuff there? Oh, probably. The IRS themselves can’t tell you and disagree with themselves on how to comply with the law if you call them on the phone directly. But it’ll be the same nothingburger as everything else.

    “US Urges Immediate Halt To Military Operations In Libya (R.)”

    But we’ve only just recreated the world’s first open-air slave market! Surely we’re not done adding misery yet! We’ve so much more yet to give!

    “morally bankrupt pathological liars”

    Says a guy who then erases his tweets instead of standing by them. Goose. Gander. That was part of my point exactly, that Facebook was the cause, the original and main distributor of the naughty (but true) material. Yet they went after some third-rate guy who didn’t get back to them in time. They shut down 4Chan and 8Chan, most of whom aren’t New Zealanders, and most of whose boards, like Reddit, have nothing to do with that tiny one-room discussion group among hundreds involving other subjects. They shut down ZeroHedge which literally had nothing to do with it, posted nothing and supported nothing. And did all of it almost entirely without due process. But the main culprit, Facebook? No bans, no shut offs, they’re our pals: scot-free forever and ever. That’s how strongly they really feel about the video and about justice. We’ll see if this guy does anything. Talk is cheap. Billionaires and their lawyers are not.

    “Greek Pensioners Have Become The Biggest Single Group Of Taxpayers (K.)”

    So the government pays the pensioners to pay the government to pay the pensioners? Stop digging, you’ve struck gold! This is the perpetual motion machine we’ve all been looking for!

    “Drinks Bottles Now Biggest Plastic Menace For Waterways (G.)”

    Because, The Guardian, every other sentence in this makes no sense. “binning wet wipes instead of flushing them,” I’m sorry, but they gave them to the sewage treatment plant and that (government) plant dumped them into the river? And the people are responsible? Wouldn’t it be a lot more disturbing in knowing a sewage treatment plant is dumping waste directly into a river than if that waste contains plastic? I imagine there’s fines for this? Would the government like to enforce their own laws on themselves for a sec before coming after us?

    On that, some 80% of the ocean plastic is from Asia and Africa with virtually none from Europe? So…why talk to me, exactly? Sounds like you’d get a lot more traction talking to them. Maybe we should bomb them, as that’s our solution to every other problem.

    “80% of plastic rubbish flows into them from rivers.” Wait: so the entire planet is producing waste, but another 20% of that is directly from the oceans? Do we have floating ocean cities of 1 billion people somewhere? Who are those guys? I was guessing basically nothing but fishing nets which would be low single-digits. Maybe garbage scows dumping directly which is of course land-people again? But 86.4% of all statistics are made up on the spot, by a Guardian reporter, who is then cited as a credible source in a wikipedia article, which is then sourced by the NYT as proof, where in perfect factogenesis becomes something “everybody knows.” Science!

    Cut plastic? Sure, why not, nobody wants it, everybody for 50 years asks for less packaging and then gets it anyway. But lying about it with every breath so no one can figure out the real cause and real solution? Not helping.

    #46561
    democritus
    Participant

    What conclusions should I draw from this?

    #46563
    Dr. D
    Participant

    Did you leave the right Twitter link? That was to JLM doing no-confidence on Corbyn, with a endless list of epic (and amusing) trolling. Is the JLM Speaking to the Labour Party in that quote, or someone else? I can’t find on google.

    I’m not sure what conclusions to draw from that either. There’s a lot of factions, all disengenuous, and a lot going on everywhere, half of it true.

    Certainly given all time and reason they certainly should have an Exit vote pointing to a specific plan (or among several), but time and history are not fair like that. Games are attempted and time runs out. If it didn’t they would just use the lack of clock and time to play more games. Why? Because they have no goodwill in them, which is why they’re in politics to begin with. Any of them. So usually, as this time, everything gets done by committee (bad) while at the same time everybody also trying to sabotage everybody else (worse). It’s really the inmates running the asylum, so welcome to government. That’s why people like me want it smaller and not larger, and as a corrallary, to separate and not join. But luckily, for now this decision is not mine to make, for we have our own problems.

    #46564
    seychelles
    Participant

    Yes, the message out there is very supportive of buying gold. Which means you should run the other way. When central banks load up on gold, historically it means a big bear market is on the horizon. And we must never forget that governments can confiscate gold and that gold is impractical for everyday transactions. With FASAB56, Treasury instruments may be stolen with impunity, so don’t kid yourselves thinking gold isn’t next. There is truly no longer a safe place to sequester your after-tax savings.

    #46565
    democritus
    Participant

    It is the right twitter link. It shows JLM responding to Leave.EU. I don’t think it does their cause much good because it makes it look like the vote was motivated by anti-brexit. I am responding mainly to the Independent article. It looks like a lot of mud slinging in all directions. What is the truth? Is the labour party or Leave.UK more racist than a random selection of people?

    #46566
    V. Arnold
    Participant

    seychelles
    The government can’t confiscate what it doesn’t know about.
    Physical gold (no certificates) should always be bought in cash.
    Minted (Canadian/U.S.) gold coins are available in all denominations of U.S. currency, from a nickle on up to a dollar. Of course being gold, they will be valued accordingly.
    Those are easily spent; especially if TSHTF.
    As with life in general, caution is the by word…

    #46567
    seychelles
    Participant

    V. Arnold
    Do you really think there is much these days that our security services don’t know about, especially our real assets that are potentially available for confiscation? Do you think rule of law will be respected in such confiscations? How about people travelling through Tennessee recently with large amounts of cash, pulled over for minor traffic violations? They didn’t do too well getting their money back, did they?
    Physical gold purchases are not reportable if under 10,000 US but this is an oversimplification. See
    https://www.jmbullion.com/investing-guide/taxes-reporting-iras/gold-silver-cash-reporting/
    If physical gold is purchased it should always be checked with an anti-counterfeit device such as a Fish and should never be accepted if damaged with chips or scratches or stored in a safe deposit box or bragged about to friends, neighbors or relatives.
    I don’t think it would be easy to buy a tank of gas or a loaf of bread with a gold coin in bad times. How would the seller know it was not counterfeit? Would they want to take it to the bank or give it to another party in change, after giving you standard change, if gold was in the process of being confiscated? Regular silver coinage pre-1963 would be a more practical possibility in a period of social breakdown.
    Gold cycles over very long time periods. Again, when the bull drums are beating it is seldom the right time to buy. I doubt if it is different this time around.

    #46568
    V. Arnold
    Participant

    seychelles
    I live in a culture where gold is valued above all else. Even most poor people (I’m not talking destitute) have something gold.
    And yes, I’m aware of the Tennessee cash confication. Not very smart to travel with a large amount of cash; or gold, or silver, or anything of high value (diamond?).
    I’m not convinced the U.S. government knows all, sees all…yet! As the old saying goes: You want to keep a secret? Don’t tell anyone.
    I prefer Graeber’s long view of gold; the price paid is not important because it is and always has been a store of value and as such will always meet needs.
    Your silver coin suggestion isn’t a bad idea; but, it faces a similar problem of pricing/value as the market fluctuates; mostly upward for the forseeable future.
    Gold is considered cheap by today’s standards because it’s being manipulated (has been for decades) but with Russia and China buying record amounts that may change fairly soon.
    When fiat finally crashes; the true value of gold will move front and center, IMO.
    I would add this; keeping private and under the radar can only be done if one has no debt and no credit cards…

    #46581
    democritus
    Participant

    I don’t know what happened to my twitter links, they should have been these:

    t w i t t e r.com/JewishLabour/status/1115282710182989824

    t w i t t e r.com/OwenJones84/status/1115299916602073090

    But got mangled up somewhere into t.co

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