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Message: Re: 2014 golden goose or gold egg?
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Jan 02, 2014 12:57PM

Well Cockerel, we are now seeing things begin to move from the fringes towards the core so to speak. Daily we are now deluged with non- mainstream data that is very discomforting, God Bless ‘Jesse’ … this just in from him … in excerpts:

“ …Hubris Is the Basis of Tragedy

To the extent that any very serious people take note of this, it is to ignore it, and then deride it. History shows that those who represent fading and unsustainable regimes tend to ignore what is happening, then turn stridently against any opposition to their will by both words and actions. And finally, they lose.

There are some very good reasons why China and India and quite a few of the new emerging economies are seeking safe havens from the dollar. It is not because 'they hate our freedom.' It is not because 'they are ignorant of modern economics.' It is not because 'they are a bunch of gold bugs.'

It is because the Western financial system is a shell game of frauds, and remains largely unreformed, run by and for insiders. Recognition of a fraud first arises at the periphery.

And the dollar has become a major vehicle for exporting these frauds to the rest of the world through the mispricing of risk and the brazen manipulation of price discovery, in many financially related markets. How can anyone continue to ignore and even deny this pervasive and ongoing corruption in the markets?

If you do not understand this, you will probably be able to understand little of what is going on now, and will understand little of what may likely happen over the next few years. I would expect there to be quite a bit of disinformation put forward about it.

To paraphrase Upton Sinclair, sometimes it is difficult to get a man to understand what his career path and his wallet encourages him not to see.

Sometimes, but thank God not always, when flawed characters face a crisis they start breaking bad. And overcome thereafter by greed, pride, and the will to power, they do not know when to stop.

And so they hurl themselves over into the abyss, and take a number of good people with them.

And then just in from Zerohedge:

4 lessons of 3013:

  1. Politicians believe there are no consequences for destroying our liberty...

  2. ...Central bankers and economists believe there are no consequences to printing money…

  3. ...Investors think there are no consequences to deficits, or debasement...

  4. ...But Joe Six-Pack knows this is all crap.

“…We’ve become desensitized to everything. “Unprecedented” monetary policy. Record debts. Massive wealth gap. Government surveillance. Theft. Deceit. Inflation.

We’ve become so accustomed to getting screwed, it’s just par for the course now. We sit quietly and wait for the next round of beatings, shrugging it all off as the new normal.

This isn’t normal. This is not how a free society is supposed to function.

A free society does not spy on its own people, threaten them with drone assassination, and award an unelected banking elite with supreme authority to rob purchasing power from the masses in favor of a bubbly stock market.

And despite the conventional wisdom, this is not a consequence-free environment.

History is full of examples of entire nations that reached their breaking points… shouting from the rooftops “I’m mad as hell! And I’m not going to take it anymore!”

http://www.zerohedge.com/news/2014-01-02/four-key-lessons-2013

Italy's Pitchfork Movement Slammed For "Delirious" Nazi-Like Comments

Italy's anti-austerity Pitchfork movement, who described Italy as being "enslaved by wealthy Jewish bankers," has come under fire for "shamelessly recall[ing] a historical period characterised by death, violence and denial of the most elementary rights." The nation's Jewish community, writing in La Repubblica, said the Pitchfork leader's remarks demonstrate a "deeper sense of discomfort" fuelled by "the most violent and grimmest anti-Semitic stereotype”

http://www.zerohedge.com/news/2014-01-02/italys-pitchfork-movement-slammed-delirious-nazi-comments

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