Wednesday, October 12, 2011

Easy Money



  1. Encinitas voters are too stupid to know what this means. Encinitas voters are too stupid to elect decent politicians to make a positive change.

    Encinitas voters are too fucking stupid.

  2. Eventually, according to accepted accounting math, every municipality will eventually have only one employee, whose job it is to disburse pension checks to former employees (the Schwarzenegger interview is only background fluff, get to the part about the municipalities):

    Mededith may be a little behind the time curve, but, without bailouts, she's absolutely right.

    France is now, through a new state bank, giving money to municipalities and businesses that need supporting. My guess is that they're printing their own Euros. The Irish did it, so legally everyone else can do it, too:

    This is the global financial system of the future - Central Banks will print unlimited amounts of fiat to pay everything, without any capital reserves.

    So the question is, how far can the world go, printing unlimited amounts of fiat out of thin air, until the system breaks? Any investing strategy is completely dependent on this premise.

    Throw in the fact that nowhere in the world is any legal/regulating authority chasing high level financial fraud.

    If the "NWO" is the replacement of existing governments with a new, global centralized one, isn't the complete control over the world's financial systems by unregulated, non-democratic Central Banks, with every country under their thumb, the ultimate proof? The "coup" has already taken place.

    And to think, it all started with Alan Greenspan and the complicity of the American government:

    If you're short of time, go straight to 18 minutes in.

    Interesting that no political candidate - anywhere in the world, in any country - is pushing for legal accountability of high level financial fraud. We already have the "NWO". The question now is not how to prevent it, but how to reverse it.


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