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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Wednesday 26 February 2014

Don Coxe

(from Casey Daily Despatch)

"Heroin was the battlefield anesthetic of choice for severely wounded soldiers. The crucial medical decision was not whether to deliver the heroin: that was easy. The tough part—for doctor and patient—was deciding on and enforcing its withdrawal before the soldier became a hopeless addict.
The Fed has been lulled into the economically perilous belief that capitalism should be stimulated with sustained injections of a potent narcotic long after the patient is out of the emergency ward. Zero-cost money and an underpriced mid-to-long Treasury market most certainly will make the economy rebound, not subside into languid repose.
This mechanistic assumption ignores the guts component of capitalism: hard work and taking risk for reward. The Fed’s long-term recovery is, in effect, based on the unstated premise that risk is a four-letter word that has, like another four-letter word beginning with “f,” little place in genteel company."

9 comments:

  1. http://tfaat.blogspot.ca/2014/02/what-is-forming.html

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    Replies
    1. I can see the triangle possibility.....maybe the March 5 year cycle date is a low ? groan.......:-)

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    2. I do thing that 2x the Dax 4962 low should at least prompt a 10-20% decline though,so that is the area I am going to be watching

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  2. London Bridge.

    http://www.gizmag.com/interview-dan-pearson-london-garden-bridge/30980/?utm_source=Gizmag+Subscribers&utm_campaign=0685038fe2-UA-2235360-4&utm_medium=email&utm_term=0_65b67362bd-0685038fe2-91310277

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  3. Beautiful waterfall collapse here at 2:30. Keep fingers inside the handbasket. W

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  4. To Wagner: "Maybe you should try past life regression and exorcise whatever traumatic event it was that transformed you into a full time dick ?" Lololollllllllll!!!!

    Das one of your best lines, CR. Haha

    Wags has ruined that forum and is one nauseating, corrosive, infuriating, condescending bloviator.

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    1. someone should put him out of his misery for sure...

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  5. Deez geniuses on Daneric's are clueless as usual. No believe dat Wags balance sheet BS for a nanosecond.

    ...and YES it is a GD B-wave. These "Tards" will pay dearly.

    I think the entire Wags persona, and all the aliases, is a paid disruption campaign. This is an Occam's razer assessment, but there is no sick SOB like dat without someone paying. Extreme pathological dysfunction.

    That is a sociopath worth worrying about, because once he realizes how the world has viewed is sorry bare arze, and his relentless tirades, he will be suicidal and very dangerous.

    I don't believe 4 a min those statements, and if even true that's a pittance for the Bay area he touts.

    HE'S a category 1 loser and psycho no matter what he claims. That's the man you pray your daughter never meets.

    W - Fk dat bastard and ALL his reincarnations into eternity.

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  6. I tend to agree but find it hard to know why anyone would think Dan's forum important enough to be worth disrupting....the whole thing stinks though

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