Beiträge von bullionbulls

In case everyone here has not ALREADY been saturated with "stress-test" analysis, I'll add my own thoughts.

To anyone residing in the real world, the fictional propaganda exercise known as the Geithner “stress test” has only confirmed their worst suspicions about the solvency of U.S. fraud-factories. According to a Reuters article, the Wall Street banksters were essentially able to self-administer this “test”, since they were allowed to “veto” any results they didn't like.

Consider the parameters and 'methodology' (for lack of a better word). First, the supposed “stress” in this “test” (where it was announced in advance that no bank could “fail”) consisted of economic parameters which were better than the best-case scenario for the U.S. economy. In other words, there was zero “stress” in this “test”...

Read the rest at:

Wall Street allowed to 'grade' itself in stress-test sham

Deutssche:

Wall Street zu "Klasse" selbst in Stress-Test-Schein

Deluded into believing his “stress test” sham was a success, Tim-the-tax-cheat is immediately plotting a new propaganda initiative, with this one designed to purge the stench from the network of banker “septic tanks” known as the U.S. Federal Reserve.

This collection of private banks, who hijacked the U.S. monetary system in 1913, is charged with the responsibility of prudently setting monetary policies – to protect the U.S. dollar. Since the creation of this odious cabal of banksters, the U.S. dollar has lost 97% of its purchasing power.

One would never guess that this organization had failed its mandate so thoroughly by reading the propaganda which passes for “mainstream journalism” in the United States. According to the media parrots, the Fed has rarely made a bad move – and is supposedly the world's best administrator of monetary policy.

With a legion of propagandists to defend it, what could possibly have prompted Geithner to suddenly announce his intent to “review” the governance of these Federal Reserve banks?

A New York reporter actually peeked inside the septic tank known as the New York Federal Reserve, and the stench was so over-powering that even some of the propagandists are gagging...

Read the rest at:

Geithner's newest propaganda scheme

Deutsche:

Geithner neuestes Propaganda Regelung

Illusionen zu glauben, sein "Stress-Test" Schein war ein Erfolg, Tim-the-Steuer-Cheat-Ausgabe ist ab sofort eine neue Propaganda-Initiative, mit der diese zur Säuberung der Gestank aus dem Netz der Bankier "septic tanks" als die US-Notenbank Reserve.

Diese Sammlung von privaten Banken, die der entführte US-Währungs-System im Jahre 1913, ist mit der Verantwortung der Einstellung vorsichtig Geldpolitik - zum Schutz der US-Dollar. Seit der Schaffung dieser widerwärtigen cabal der banksters, dem US-Dollar verloren hat 97% ihrer Kaufkraft...

Weil ich persönlich mehrere, Junior Silber-Produzenten, die Minen in Mexiko tätig, kann ich die Menschen hier mit einigen wertvollen und interessanten Informationen über diese Nachricht.

Zunächst einmal, der mexikanischen Bergbau "Riesen", Penoles Eigentümer der Hütte NUR für die kleinen Produzenten in Mexiko. Penoles ist "gouging" diese Unternehmen mit großen, Aluminiumhütte Aufwendungen - der drastischen Reduzierung der Rentabilität der Silberminen in Mexiko, die unedle Metalle Inhalt.

Für Unternehmen, die ihre eigenen "Dore", wie First Majestic, Das ist eine große Kosten-Vorteil gegenüber den meisten anderen Silber-Hersteller in Mexiko (einer der wichtigsten Gründe, warum ich einige Aktien gekauft, und ich).

Die andere Möglichkeit ist, dass Unternehmen, die "Mine" Erze mit unedlen Metallen Inhalte Schiff ihre Erz auf eine andere Raffinerie. Ein Beispiel hierfür ist der Große Panther Resources (die ich auch selbst einen auswählen).

Great Panther spart rund 2 Millionen US-Dollar pro Jahr aus, die ihre Produktion an der berühmten Guanajuato Mine verarbeitet zu einem anderen Raffinerie (nicht im Besitz von Penoles) - GPR und ist immer noch ein kleiner Hersteller (in diesem Stadium).

Für jeden, über den Bergbau "Junioren" mit Niederlassungen in Mexiko, das ist ein entscheidender Faktor für die Forschung -, bevor sie einen Kauf.

Because I personally hold several, junior silver-producers who operate mines in Mexico, I can provide people here with some valuable and interesting information concerning this news.

First of all, the Mexican mining “giant”, Penoles owns the ONLY smelter available to the small producers in Mexico. Penoles is “gouging” these companies with HUGE, smelter charges – dramatically reducing the profitability of silver mines in Mexico which have base metals content.
For companies who produce their own “dore”, like First Majestic, this is a BIG cost-advantage over most other silver-producers in Mexico (one of the main reasons I purchased some shares, myself).

The other option is that companies which “mine” ores with no base metal content can ship their ore to a different refinery. An example here is Great Panther Resources (which I also own).

Great Panther is saving roughly $2 million/year from having its production at the famous Guanajuato Mine processed at a different refinery (not owned by Penoles) – and GPR is still a small producer (at this stage).

For anyone thinking about mining “juniors” with operations in Mexico, this is a crucial factor to research – before making any purchases.

Viele interessante und unterhaltsame Lektüre hier auf den "Stress-Test" Farce. Tollar, finde ich William Black's Schätzung der künftigen US-Bank Verluste (dh $ 2,5 Billionen) zu schätzen, die nur noch kurz vor seinem glaubwürdig.

Wie kann man die Verluste werden weniger, wenn:

1) der US-Immobilien-Crash ist (am besten) auf halbem Weg zu Ende zu
2) Der Absturz der US-Immobilien-Markt gerade erst begonnen hat, und US-Big-Banken haben noch nicht einmal ihre Abschreibungen hier
3) Verbraucher defaults und Konkurse sind am Anfang (wie Abschreibungen)
4) Zinsen bereits begonnen haben, bewegen deutlich höher als in den USA die Treasuries "Blase" platzt, wird langsam die US-Wirtschaft sogar noch weiter und die Gewinn-Margen für die US-Banken mit ihren legitimen Geschäftsinteressen.

Persönlich sehe ich weitere US-Bank Verluste in Höhe von mindestens $ 5 Billionen (in den meisten optimistisch Ergebnis), während weitere Verluste in Höhe von $ 10 - $ 15 Billionen scheinen viel realistischer.

Lots of interesting and entertaining reading here on the “stress test” farce. Tollar, I find William Black's estimate of future U.S. bank losses (i.e. $2.5 trillion) to be the only estimate even close to being believable.
How can the losses be any less when:

1. the U.S. real estate crash is (at best) half-way to being finished
2. the crash of the U.S. commercial real estate market has just begun, and U.S. big-banks have not even started their write-downs here
3. consumer defaults and bankruptcies are just beginning (as are write-downs)
4. interest rates have already started moving significantly higher in the U.S. as the Treasuries “bubble” bursts, this will slow the U.S. economy even further AND reduce profit-margins for U.S. banks with their legitimate business.

Personally, I see additional U.S. bank losses totaling at least another $5 trillion (in the most optimistic outcome), while additional losses of $10 - $15 trillion seem much more realistic.

[Question: is "trillion" being translated properly into German? It certainly does not appear so.]

“Gold bugs” are a remarkably consistent group – regularly extolling the same set of economic fundamentals which are certain to drive the price of gold to many multiples of its current value. On the other hand, “gold bears” and the anti-gold propagandists of the banking-cabal tend to “re-invent” themselves every few months.

For the last quarter of 2008 and the first quarter of 2009, the refrain from these doomed zealots was the same: gold was no longer a “safe haven”, and with inflation (temporarily) driven back by the bursting of asset bubbles, combined with a “credit crisis”, there was “no reason to own gold.” Inflation was the “only” market environment where gold would perform well, they lectured.

History showed they were wrong, of course. Gold held up better than any other asset class – and would have soared much higher, if not for some of the most extreme price-suppression tactics the Manipulators have used in all their decades of price-fixing. “Lease rates” for bullion were driven into negative numbers at a time when demand was unprecedented – which should have pushed lease-rates toward record highs.

Then, all the tons of gold which the bullion banks were paying traders to “borrow” was dumped onto the market. Short positions (for gold and silver) were ratcheted-up to concentrations many multiples higher than the legendary silver-holdings of the “Hunt Brothers” - at the time they were accused of illegally manipulating the silver market (on the “long” side).

Simultaneous with this, the massive forced-liquidation, triggered by the Wall Street banksters and their servants in the U.S. government coerced many people into selling their precious metals holdings – simply because they were the only assets which didn't have to be liquidated at huge discounts.

Today, the U.S. propaganda-machine is playing a loud chorus of “Happy Days are Here Again” - with the Plunge Protection Team doing its part by “pumping” U.S. equity markets to absurd levels. Surprise, surprise...the anti-gold propagandists have a new version of “reality”!

In the new world which they created...today, once again there is “no reason to own gold.” “The worst is over,” they crow, so people no longer need gold as a “safe haven”, forgetting that they had already said gold no longer fulfilled that function...

Read the rest at:

Gold has not BEGUN to 'shine'

Deutsche:

"Gold-Bugs" sind ein bemerkenswert konsistent Gruppe - regelmäßig erzählen die gleichen wirtschaftlichen Grundlagen, die bestimmte, um den Preis des Goldes zu vielen Vielfachen der aktuellen Wert. Auf der anderen Seite, "Gold-Bären" und der Anti-Gold Propagandisten des Banken-cabal eher "neu erfinden" sich alle paar Monate.

Für das letzte Quartal 2008 und das erste Quartal 2009, die keine dieser Zeloten verurteilt war die gleiche: Gold ist nicht mehr ein "sicherer Hafen", und mit der Inflation (vorübergehend) angetrieben durch das Platzen der Asset-Blasen, kombiniert mit ein "Kredit-Krise", gab es "keinen Grund zu der eigenen Gold." Die Inflation war die "nur" Markt, in dem Gold wäre gut, sie lehrten...

I regret the need to continue to repeat myself regarding the horrific collapse in the U.S. housing market, the worst real-estate meltdown in human history – which naturally follows the largest housing “bubble” in all of history. However, not only is the U.S. propaganda machine proclaiming on a daily basis that this market is close to a “bottom”, their propaganda becomes more and more outrageous (and detached from reality) every day.

The latest numbers which have been released indicate that more than 20% of U.S. “homeowners” have “negative equity”. What is never mentioned by the U.S. propaganda machine is that people with “negative equity” own nothing – by definition. All these people are doing is paying money to the bank which owns this property.

What makes this situation even more alarming is that with U.S. home prices guaranteed to keep falling for many more years (prices MUST decline at least 30-50% from current levels), many of these people are falling further and further “underwater” while they continue making payments.

The obvious question is this: why would anyone but a fool continue making payments on these homes?
There are now roughly 20 million U.S. “homeowners” estimated to have “negative equity”, and that estimate is certainly an understatement. Consider the propaganda being distributed on the collapse of home prices in the U.S. While the respected, (private sector) report from Case-Schiller showed U.S. house prices falling by approximately 19% in the first two months of this year, official U.S. government “statistics” reported that U.S. home prices increased in both of those months.

Who are you going to believe?

The (minimum) of twenty million “underwater” mortgages added to the more than twenty million EMPTY U.S. homes creates a potential “overhang” of inventory of 40 million housing units. Currently, TOTAL sales in the U.S. are only 1/10th of that amount. You don't need a degree in mathematics to know that even if the housing market doesn't get any worse, it could still take ten years just for the U.S. housing market to hit (a real) “bottom”...

Read the rest at:

More than 1 in 5 U.S. “homeowners” own NOTHING

Deutsche:

Mehr als 1 von 5 US-"Haus-und Wohnungseigentümer" eigenen NICHTS

Ich bedauere die Notwendigkeit, mich zu wiederholen, in Bezug auf die schrecklichen Zusammenbruch in der US-Immobilienmarkt, die schlimmsten Immobilien Kernschmelze in der Geschichte der Menschheit -, die natürlich an die größte Wohnung "Blase" in der gesamten Geschichte. Doch nicht nur die US-Propaganda-Maschine vereint auf einer täglichen Basis, dass dieser Markt befindet sich in der Nähe zu einem "bottom", ihre Propaganda wird mehr und mehr unerhört (und losgelöst von der Realität) jeden Tag.

Die neuesten Zahlen, die veröffentlicht wurden zeigen, dass mehr als 20% der US-Hausbesitzer "haben" negatives Eigenkapital ". Was ist nicht von der US-Propaganda-Maschine ist, dass Menschen mit "negative Eigenkapital" selbst nichts - per definitionem. Alle diese Menschen tun, ist Geld an die Bank, die diese Eigenschaft besitzt...

Tollar, Sie haben so viele schöne Stellen in diesem Bereich ist es schwierig, etwas Neues hinzufügen. Aber ich glaube, ich habe einige Neuigkeiten, die noch nicht erwähnt wurde.

Ich entschuldige mich bei denen, die finden diese Bemerkungen wiederholte. Doch das wichtigste Instrument der Propaganda ist Wiederholung. Es ist Tatsache, dass die meisten Menschen können getäuscht zu glauben, das ist ungeheuerlich - einfach, indem Sie diese liegt genug Zeit.

Leider ist der einzige Weg zur Bekämpfung dieser Propaganda ist es auch ständig wiederholen, die Wahrheit.

Tollar, you have written so many fine posts in this section, it is difficult to add anything new. However, I think I have found some news which has not been mentioned yet.

My apologies to those who find these comments repetitive. However, the primary tool of propaganda is REPETITION. It is established fact that most people can be deceived into believing the most outrageous lies – simple by repeating those lies enough times.

Sadly, the ONLY way to fight this propaganda is to also continually repeat the TRUTH.

I have taken a considerable amount of criticism for continually referring to the members of the U.S. government as “bankster servants”, despite the fact that their actions demonstrate this reality in a totally unequivocal manner.

This time, it's not me who is criticizing the 100% saturation-level of corruption in the U.S. government. This time, that accusation is being made by one of the most-powerful senators in the U.S. government: Richard Durbin.

You won't read this accusation in any of the “mainstream” U.S. media sources (otherwise known as the “propaganda machine”). They censor any and all news which could seriously threaten the well-being of the U.S. financial crime syndicate. To hear this accusation, you would have to go to “The Huffington Post” or some of the many media sources on the internet who still report news, not propaganda.

Do not make the mistake of assuming that the U.S. federal government is the focal point of U.S. corruption. This 'sleaze' (and crime) saturates every facet of U.S. society. An example is something which the U.S. propaganda machine can't hide or censor: the rampant fraud in the U.S. pension system.

A major criminal investigation is underway regarding the systemic corruption of New York's state pension fund, where corrupt administrators took huge “kick-backs” to buy what lobbyists wanted them to buy – as opposed to the best assets available. With the entire U.S. pension system already on the verge of collapse (due to loading up on too many Wall Street fraud-factories), the only way to make this crisis worse was to intentionally buy sub-standard assets. This investigation has already been expanded into Connecticut.

Obviously, there should be similar investigations underway in every U.S. state, as the U.S. makes it legal for people to “lobby” (i.e. bribe) administrators of pension plans. As with every other segment of U.S. government, there is virtually no “oversight” of the actions of these lobbyists.

Meanwhile, another recent news item reported on the corrupt and outrageous acts of the Goldman Sachs Stooge who is the new chairman of the New York Federal Reserve...

Read the rest at:

U.S. Senator: Banksters “own” Congress

Deutsche:

US-Senator: Banksters "eigenen"-Kongress

Ich habe eine Menge Kritik für die ständig auf die Mitglieder der US-Regierung als "bankster Bediensteten", trotz der Tatsache, dass ihr Handeln zeigen, diese Realität in eine ganz eindeutige Art und Weise.

Dieses Mal ist es mir nicht, die Kritik an der 100%-Sättigung Ausmaß der Korruption in der US-Regierung. Dieses Mal, dass die Anklage wird von einem der meist mächtige Senatoren in die US-Regierung: Richard Durbin...

Ich habe gerade meine erste "Threads" in diesem feinen Forum - wie ich schließlich schrieb einen Kommentar, wenn ich nicht finden konnten eine bestehende "Threads", um es fit.

Diejenigen, die gelesen haben, andere Kommentare, die ich geschrieben habe werden mit dem Thema: die Vereinigten Staaten ist heute so gut wie die meisten korrupten-backward "Dritte-Welt-Land".

Das Konzept der "Interessenkonflikt" ist jetzt völlig fremd zu US-Gesellschaft. Doch, wenn man der "Senior" Senatoren in die US-Regierung offen zugibt, dass die Wall-Street-"Eigentümer" der US-Regierung, ist das nicht sogar in die "Mainstream"-US-Medien.

Das einzige, was mehr als bedauerlich, die "Tod" von "The Rule of Law" ist die Beseitigung der USA (so genannte) "freie Presse".

I have just started my first “thread” on this fine forum – as I finally wrote a commentary where I could not find an existing “thread” to fit it.
Those who have read other commentaries which I have written will be familiar with the theme: the United States is now as thoroughly corrupt as the most-backward “Third World Country”.

The concept of “conflict of interest” is now completely alien to U.S. society. Yet, when one of the most “senior” senators in the U.S. government openly admits that Wall Street “owns” the U.S. government, this is not even REPORTED in “mainstream” U.S. media outlets.

The only thing more deplorable than the 'death' of “The Rule of Law” is the eradication of the U.S.'s (so-called) “free press”.

In 2008, when the pitifully small Bush “stimulus package” was supposed to “prevent the U.S. from slipping into a recession”, here's how the U.S. propaganda machine manipulated markets.

First, immediately after the “stimulus” package was announced, the propagandists claimed that this “prompt and decisive” action would prevent a recession. Then, when the stimulus provided a small “bounce” in the U.S.'s grossly distorted “statistics” every, single U.S. media outlet referred to this temporary bounce as a “surprise”.

How can something be a “surprise”, when you have already predicted it, yourself?

The truth, of course, is that none of the U.S. propagandists were “surprised”. However, since all of the economic data was still very poor, the only way to manufacture a Plunge Protection Team “rally” in U.S. markets was to make extremely pessimistic estimates of economic statistics (as if there were no “stimulus package”) - and then when the “statistics” exceeded these carefully contrived “predictions”, the U.S. propaganda machine called this a “surprise”.

It's now one year later, and the U.S. propaganda machine is re-using the “script” from 2008. First, when the Obama “stimulus package” was announced, the propagandists assured the frightened sheep that this “prompt and decisive” action would prevent this “recession” from turning into a “depression”.

The propagandists asserted this was so, because Obama supposedly had all these “shovel ready” projects which would have a near-instant, positive impact on the U.S. economy.

It's now a few weeks later, and the U.S. government announced that there was a tiny improvement in U.S. construction. What does the U.S. propaganda machine say about this tiny up-tick in construction spending (despite the fact this was exactly what they predicted would increase, due to “shovel ready” projects)? They call this a "surprise"...

Read the rest at:

Prepare for another round of U.S. “stimulus propaganda”

Deutsche:

Bereiten Sie sich für eine weitere Runde der US-amerikanischen "Stimulus-Propaganda"

Im Jahr 2008, wenn die kläglich kleinen Bush "Anreiz-Paket" war zu "verhindern, dass die USA von Abgleiten in eine Rezession", hier ist, wie die US-Propaganda-Maschine manipuliert Märkte.

Zuerst, unmittelbar nach dem "Impuls"-Paket wurde angekündigt, wird die Propaganda behauptet, dass dieses "rasche und entscheidende" Maßnahme würde verhindern, dass eine Rezession. Dann, wenn die Impulse, die eine kleine "Bounce" in den USA grob verzerrt "Statistik" alle, einzelne US-Medien Steckdose auf diese vorübergehende Prellzeit als "Überraschung"...

Ich stimme mit vielen der jüngsten Kommentare geschrieben hier. China wird versuchen, "dump", wie viel von seiner US-Dollar-Bestände wie möglich - und versuchen dies zu tun "ruhig".

Allerdings erwarten nicht, dass China zu warten, bis sie verkauft hat, die meisten dieser Betriebe - bevor sie die USD Zusammenbruch.

Erstens, China wird wahrscheinlich halten erhebliche USD Betriebe - auch zu wissen, dass es letztlich von einem schweren Verlust. China will die großen Betriebe in US-Dollar, weil das gibt es ein "Veto" von fast allen US-Wirtschaftspolitik. Dieser Einfluss auf die US-Regierung ist, lohnt sich ein viel zu China - wie es nach und nach ersetzt die USA als das neue "Supermacht".

Stattdessen gibt es zwei Indikatoren zu beobachten, die, wenn in Bezug auf China wird die USD zu "sterben". Erstens ist es notwendig, für den chinesischen Binnenwirtschaft zu wachsen groß genug, um die Abhängigkeit der chinesischen Wirtschaft bei der Ausfuhr.

Dieser Tag ist entweder in der Nähe, oder bereits hier - wie ich versucht zu zeigen, in einer Reihe von Kommentaren:

Chinesischen Verbraucher BEGIN Walkarbeit wirtschaftlichen "Muskeln"
China plant für die Zukunft, da die wirtschaftliche Erholung beginnt
Chinese "das Vertrauen der Verbraucher" zeigt robuste Wirtschaft

Die zweite Veranstaltung zu beobachten, ist ein erneutes Auftreten der hohen Inflation in China - auf eine Kombination der niedrigen "Stange" auf dem US-Dollar, in Kombination mit der Höhe der Geld-verrückt-Versorgung das Wachstum der ganzen Welt (vor allem aber in den USA).

Mit der Mehrheit der chinesischen Bevölkerung großen noch in einem relativ niedrigen Pro-Kopf-Einkommen, hoher Inflation ist eine extreme Härte auf das chinesische Volk - und eine Quelle der Unruhen.

Zum Glück, China kann "isolieren", sich von ein Großteil der Inflation, die bereits auf dem Weg, indem sie einfach ihre unterbewertete Währung deutlich zu schätzen.

Wir haben noch nicht gesehen wie die Inflation ist China. Auch die US-Propaganda-Maschine, die in all-out "Pumpen" der US-Märkte (mit dem US-Dollar). Deshalb würde ich erwarten, dass der Zusammenbruch des US-Dollar noch ein oder zwei Monate entfernt.

I agree with many of the recent comments written here. China will try to “dump” as much of its U.S. dollar holdings as possible – and attempt to do so “quietly”. However, do not expect China to wait until it has sold most of these holdings – before t let the USD collapse.

First, China will likely keep significant USD holdings – even knowing that it will ultimately suffer a serious loss. China wants to have large holdings in USD's because this gives it a “veto” over virtually all U.S. economic policy. This leverage over the U.S. government is worth a great deal to China – as it gradually replaces the U.S. as the new “superpower”.

Instead, there are two indicators to watch for, regarding when China will allow the USD to “die”. First, it is necessary for the Chinese domestic economy to grow large enough to reduce the dependence of China's economy on exports.

This day is either close, or already here – as I attempted to demonstrate in a series of commentaries:

Chinese “consumer confidence” demonstrates robust economy
Chinese consumers BEGIN flexing economic “muscle”
China planning for future as economic recovery begins

The second event to watch for is the re-emergence of high inflation in China – due to a combination of its low “peg” to the U.S. dollar, combined with the insane level of money-supply growth all over the world (but especially in the U.S.).

With the majority of China's huge population still at a relatively low level of per capita income, high inflation is an extreme hardship on the Chinese people – and a source of civil unrest.

Fortunately, China can “insulate” itself from much of the inflation which is already on the way simply by allowing its undervalued currency to significantly appreciate.

We have not yet seen such inflation is China. Also, the U.S. propaganda machine is engaged in all-out “pumping” of U.S. markets (which includes the USD). Therefore, I would expect the collapse of the U.S. dollar to still be a month or two away.

Only a year after the Bush regime started bragging about how its “surge” strategy had engineered a turning point in the Iraq civil war, there are many alarming signs that this “progress” is now being reversed.

Deaths of U.S. soldiers in April reached the highest level since September, as have the attacks against Iraqi civilian targets – which originally triggered the civil war. Perhaps more importantly, many of these attacks are taking place in areas which had been totally quiet for months.

I confess to originally being unaware of what had fueled this recent surge in violence. However, a Reuters article which was released today provided clues about what is now taking place.

To understand the current situation in Iraq better, this first requires understanding what took place during the U.S. military's much-hyped “surge”. Listen to U.S. propaganda, and you would be duped into believing that this “success” was accomplished through a combination of increased troop-levels and brilliant military tactics. Reality has absolutely no resemblance to this fantasy.

In truth, the quelling of Iraq's civil war was accomplished by the U.S. buying-off Sunni insurgents – and then getting them to squash Al Qaeda's operations in Iraq. The U.S. offered the Sunni insurgents lots of money, arms, and military training. There are many important aspects to this U.S. dramatic flip-flop in U.S. foreign policy.

To begin with, it mocks the U.S.'s bravado that “Americans never negotiate with terrorists”, and would never negotiate with anyone who had been killing American soldiers. For four years, the U.S. had been characterizing these insurgents as “terrorists”, and unquestionably it is the Sunnis who have claimed the vast majority of the more than 4,000 troop-deaths the U.S. has suffered in Iraq.

As with everything else the U.S. government does these days, “principles” always cave-in to expediency. If the U.S. had not hypocritically done the exact opposite of what it claims is “U.S. policy”, the U.S. military would have been forced into a humiliating, and costly retreat from Iraq.

Naturally, the U.S. propaganda machine has avoided any in-depth analysis of the dynamics inside Iraq since the U.S. bought-off the Sunnis – obviously hoping that people will forget the U.S.'s “deal with the Devil” over time. If the media had not turned away from Iraq, here is what they would have been forced to report.

There has been little to no progress regarding political reconciliation in Iraq. The three ethnic groups (and the political parties who represent them) are not even close to comprehensive deals on dividing up Iraq's oil wealth or in creating a stable political structure...

Read the rest at:

Iraq descending into NEW wave of violence

Deutsche:

Irak absteigend in neue Welle der Gewalt

Nur ein Jahr nach dem Bush-Regime begann zu prahlen, wie die "Flut"-Strategie entwickelt hatte einen Wendepunkt in der Irak-Bürgerkrieg, es gibt viele alarmierende Anzeichen dafür, dass dieser "Fortschritt" wird nun umgekehrt.

Tod von US-Soldaten im April den höchsten Stand seit September, als die Angriffe gegen die irakische zivile Ziele -, die ursprünglich den Bürgerkrieg ausgelöst. Vielleicht noch wichtiger ist, viele dieser Angriffe, die sich in Bereichen, die war ganz ruhig Monate...

Dies ist eine weitere interessante Diskussion! Ich persönlich bin dafür jene, die versuchen zu analysieren, das Wachstum von "Fundamentalismus" oder "Extremismus" aus wissenschaftlicher Sicht - anstatt die Probleme noch "unklar", indem Sie versuchen, um diese im Hinblick auf die "guten Sitten" (zB "Recht" und "falsch").

Für diejenigen, die möchten, um zu sehen, Fundamentalismus und Extremismus verringert, das "Rezept" für diese - im Laufe der Geschichte - ist die Bildung. Wie viele andere haben, das Christentum wurde geplagt für Tausende von Jahren mit ihren eigenen Extremisten. Während einige "zivilisierten" Ländern (wie den USA) noch immer nicht in der Lage, "hinauswachsen" religiösen Dogmen, für die meisten fortgeschrittenen westlichen Ländern, Bildung tatsächlich neutralisiert religiösen Extremismus.

Ein Teil des Problems mit der westlichen Haltung ist, dass wir erwarten, dass die gleiche Entwicklung ab "weniger gut etabliert" Gesellschaften. Und der Hauptgrund, warum so viele von diesen Ländern noch nicht "gereift" schneller ist, weil westliche Mächte weiterhin, sich in diesen Gesellschaften durch Einführung unserer eigenen Werte auf andere.

Schlimmer noch, in den Vereinigten Staaten (und in geringerem Maße, in anderen Ländern) haben "entführte" die Regierungen vieler dieser sich entwickelnden Nationen -, um ihre eigenen selbstsüchtigen politischen und wirtschaftlichen Ziele. Dies bedeutete in der Regel entweder die Installation einige beklemmende Tyrann, oder zwingt der Regel gutartig Regierungen zu verraten ihre eigene Bevölkerung (amerikanischen Interessen zu dienen) - Laufwerke, die Menschen direkt in der "Umarmung" von Extremisten.

In vielerlei Hinsicht, Irak ist ein "Mikrokosmos" für dieses Problem, so dass hoffentlich meinem nächsten Kommentar wird zu dieser Diskussion.

This is another interesting discussion! Personally, I favor those who try to analyze the growth of “fundamentalism” or “extremism” from a scientific perspective – instead of making the issues even more “murky” by trying to view this in terms of “morality” (i.e. “right” and “wrong”).

For those who would like to see fundamentalism and extremism diminished, the “prescription” for this – throughout history – is education. As many others have posted, Christianity has been plagued for thousands of years with its own extremists. While some “civilized” countries (such as the U.S.) have still been unable to “outgrow” religious dogma, for most advanced Western countries, education has effectively neutralized religious extremism.

Part of the problem with Western attitudes is that we expect the same evolution from “less mature” societies. And the primary reason why many of these nations have not “matured” more quickly is because Western powers continue to interfere in these societies through imposing our own values on other.

Even worse, the United States (and to a lesser degree, other countries) have “hijacked” the governments of many of these evolving nations – to further their own selfish political and economic objectives. This has generally either meant installing some oppressive tyrant, or forcing generally benign governments to betray their own people (to serve American interests) – which drives people directly into the “embrace” of extremists.
In many respects, Iraq is a “microcosm” of this problem, so hopefully my next commentary will contribute to this discussion.

The U.S. propaganda-machine is nothing if not predictable. With the U.S. economy collapsing into another “Great Depression” and currently headed for a debt-implosion very similar to the disintegration of the former Soviet Union, the propagandists have relied on one tactic far more than any other.

The economic lies which the U.S. government disseminates through its official “statistics” have already been stretched well beyond the point of any credibility. Since there is no “good news” at all to report regarding the U.S. economy, the sole tactic available to the propagandists is to “surprise” the market with numbers which were “not as bad as expected”.

The “game” is played as follows. First, the propagandists tell us what the “experts” are “predicting”, with respect to a particular statistic or news item. What makes this aspect of the game so amusing is that these “expectations” are never released until just a couple of days before the actual “news” is released – and are never highly publicized (until the last minute). What this means is that no matter how bad the “expectations” are, they have virtually no impact on markets.

The beauty of this tactic for the propagandists is that the so-called “experts” can make extremely dire predictions which have no impact on markets, while “setting the bar” so low that even a Wall Street snake couldn't slither underneath it. Thus, when the actual numbers are released, it is a virtual guarantee that any important propaganda will “surprise” the market to the upside.

What is more absurd is that even though U.S. markets never go lower based on low “expectations” (since those numbers are kept far away from the headlines), when the market is “surprised” to the up-side, there is always a frenzied “rally” to “correct” valuations which were never allowed to go lower in the first place...

Read the rest at:

“Stress-test” propaganda sets up market to be “surprised”

Deutsche:

"Stress-Test" Propaganda setzt Markt zu sein "überrascht"

Die US-Propaganda-Maschine ist nichts, wenn nicht vorhersehbar. Mit der US-Wirtschaft in eine andere Kollaps "Great Depression" und derzeit für eine Schuld-Implosion sehr ähnlich zu dem Zerfall der ehemaligen Sowjetunion, die Propagandisten haben sich auf eine Taktik weit mehr als jede andere.

Die wirtschaftliche liegt, die die US-Regierung verbreitet durch ihre offizielle "Statistik" wurden bereits gestreckt und die Grenze der Glaubwürdigkeit. Da es keine "gute Nachrichten" auf alle zu berichten über die US-Wirtschaft, die einzige Taktik, die der Propaganda ist die "Überraschung" der Markt mit Zahlen, die "nicht so schlimm wie erwartet"...

Ich habe zu Lachen, wenn ich lesen Fragen oder Kommentaren hier, frage mich, warum die US-Regierung und / oder haben die Banken nicht in wirksamer Maßnahmen, um die US-Immobilienmarkt Zusammenbruch.

Ich will damit nicht sagen, zu respektlos. Nicht allzu lange her, da lachte ich auf meine eigenen Ansichten in diesem Bereich. Nach eingehender Analyse dieser Frage, ich musste zu dem Schluss, dass US-Banken und die US-Regierung will so viele Amerikaner wie möglich zu verlieren ihre Heimat.

Lassen Sie mich zunächst auf die Zahlen. Die US-Regierung hat bereits zugesagt, oder mehr als $ 10 Billionen auf Kaution aus dem Leveraged-Wetten der Wall Street - mit dem durchschnittlichen Hebelwirkung größer als 30:1. Die meisten dieser Leveraged Wetten wurden direkt oder indirekt auf dem US-Wohnungsbau.

Dies hat zur Folge, wäre es mehr als dreißig Mal so effizient, dass bailed-out der US-Immobilienmarkt direkt im Gegensatz zur Beteiligung an der völlig lächerlich Politik Rettung 30:1 Wetten.

Egal, wie inkompetente Beamte der US-Regierung sind, ist es einfach unmöglich, dass sie so gar nicht auf einfache arithmetische nicht verstehen, wie diese Realität. So, das einzige rationale Schlussfolgerung möglich ist, dass die US-Regierung versucht, zum Schutz der Wall Street, während gleichzeitig die Verweigerung, etwas zu tun, um US-Hausbesitzer.

Die zweite Frage (natürlich) ist: Warum Wall-Street-Banker (und ihren Bediensteten in der US-Regierung) wollen, um die Zahl der Amerikaner, die ihre Wohnungen?

Um diese Frage beantworten zu, muss ich auf einen Kommentar, den ich kurz, bevor er ein Mitglied dieses Forums: "Die Banken Manifest von 1892". Es ist kein Platz mehr für mich zu erklären, diese im Detail, so dass für diese interessiert, mehr, ich fordere Sie auf, lesen Sie diesen Kommentar.

In der Zwischenzeit werde ich auch einen Kommentar ich gerade auf der Farce Sill sehen wir nächste Woche, wenn das Ergebnis der US-Bank "Stress-Tests" werden.

"Die Banken Manifest von 1892"

I have to chuckle when I read questions or comments here, wondering why the U.S. government and/or the banks have not engaged in more effective actions to stop the U.S. housing collapse.

I do not mean to be disrespectful. Not too long ago, I laughed at my own views in this area. After extensive analysis of this issue, I have been forced to conclude that U.S. banks and the U.S. government want as many Americans as possible to lose their homes.

Let me first deal with the numbers. The U.S. government has already pledged or spent more than $10 TRILLION to bail out the leveraged bets of Wall Street – with the average leverage being greater than 30:1. Most of these leveraged bets were placed directly or indirectly on the U.S. housing sector.

As a result, it would have been more than thirty times as efficient to have bailed-out the U.S. housing market directly as opposed to engaging in the completely ridiculous policies of bailing out 30:1 bets.

No matter how incompetent U.S. government officials are, it is simply impossible that they could be so oblivious to simple arithmetic as to not understand this reality. Thus, the only rational conclusion possible is that the U.S. government is trying to protect Wall Street, while simultaneously refusing to do anything to help U.S. homeowners.

The second question (naturally) is: why do Wall Street bankers (and their servants in the U.S. government) want to maximize the numbers of Americans who lose their homes?

To answer this, I must refer to a commentary which I wrote shortly before becoming a member of this forum: “The Bankers Manifesto of 1892”. There is no more space for me to explain this in greater detail, so for those interested in more, I strongly urge you to read this commentary.
In the meantime, I will also post a commentary I just completed on the farce we sill see next week when the result of U.S. bank “stress tests” are released.

"The Bankers Manifesto of 1892"

Here is a question for anyone who actually believes the propaganda that the U.S. “recession” is ending, and that the U.S. housing market is “stabilizing”: why are U.S. banks bulldozing new homes?

Rather than wasting your time by getting a chorus of “no comment” from the U.S. financial crime syndicate, let me answer that question for you: banks are bulldozing homes because it is the only way to begin to reduce the largest inventory of unsold homes in human history.

At the risk of completely boring regular readers, for more than a year I have specified the necessary ingredients for the U.S. housing market to actually begin to “stabilize”: first, overvalued U.S. homes must fall another 30-50% in price; second, the U.S. government must spend trillions of dollars in paying-down U.S. mortgages (to restore positive equity to 10 million (or so) U.S. homeowners); and third, the U.S. must bulldoze at least one million homes.

The longer the U.S. government waits, the steeper the price it must pay. Originally, the U.S. government might have been able to get by with 'only' $1 trillion, to pay down U.S. mortgages. Today, that tab is more like $3 trillion (to pay-down U.S. mortgages by roughly 20%). Originally, the U.S. could have probably gotten by with bulldozing 'only' one million homes, today that number is probably at least 2 million units.

A commentary from early February provides some of the horrific numbers facing the U.S. sector (“19 million VACANT homes in the U.S. in 2008!!!”), and an estimate on the number of years before a “bottom” in this market is possible.
A more recent commentary (“Demolition of Abandoned U.S. homes has already begun”) pointed out how Flint, Michigan is demonstrating what lies ahead for countless U.S. towns and cities – by planning the complete demolition of entire neighbourhoods, including all local businesses. Large portions of this once-thriving town are already nearly deserted – and are overrun with “squatters” and criminals. Meanwhile, plunging tax revenues leave the city with no money to provide proper government services for these areas (such as necessary policing).

Today, a new component of the destruction of U.S. homes was uncovered by a local, California news station: U.S. banks are beginning to have brand-new homes bulldozed...

Read the rest at:

U.S. Banks bulldozing NEW homes

Deutsche:

US-Banken bulldozing Neue Häuser

Hier ist eine Frage für jeden, der tatsächlich glaubt, dass die Propaganda, dass die US-Rezession "geht zu Ende, und dass die US-Immobilienmarkt ist die" Stabilisierung ": Warum sind US-Banken bulldozing ein neues Zuhause?

Anstatt Ihre Zeit, indem sie einen Chor von "kein Kommentar" von der US-Finanz-Kriminalität Syndicate, lassen Sie mich diese Frage für Sie: Banken bulldozing Hause, weil es die einzige Möglichkeit ist, zu beginnen, um die größten Bestand an unverkauften Wohnungen in der menschlichen Geschichte.

Chef Boss, vielen Dank für Ihre erinnert mich an die Verschmelzung von "West" und "Ost" Deutschland. In meinen jungen Jahren, ich hätte nie geglaubt, dass bei meinem aktuellen Alter die Erinnerung an ein geteiltes Deutschland würden bereits zu verblassen beginnt.

Ja, Personen mit Wohnsitz in Ihrem Land sind besser "ausgestattet", um die Flut der Wirtschafts-Propaganda, die wir alle ausgesetzt sind.

Und spricht von Propaganda, die nächste Kommentar sollte hoffentlich widerlegen einige der US-Propaganda lächerlich, dass:

a) der US-Rezession "ist fast Überschreitung
b) Wall-Street-Banken machen Gewinne
c) der US-Immobilienmarkt "Crash" ist Anfang zu stabilisieren

Chef Boss, thanks for reminding me of the merging of “West” and “East” Germany. In my younger years, I would have never believed that at my current age the memory of a divided Germany would already be starting to fade.

Yes, residents of your country are better “equipped” to deal with the deluge of economic propaganda which we are all exposed to.

And speaking of propaganda, this next commentary should hopefully rebut some of the ridiculous U.S. propaganda that:

a) the U.S. “recession” is nearly overrun
b) Wall Street banks are making profits
c) the U.S. housing “crash” is beginning to stabilize

Vielen Dank für die Antwort, Konigswasser.

Wenn ich Sie richtig verstanden habe, sehen Sie dies als eher eine "Vernunftehe", als eine aktive Verschwörung?

Thanks for the reply, Konigswasser. If I understand you correctly, you see this as more of a “marriage of convenience” than an active conspiracy?

I just finished reading a totally nauseating article by “the Economist”, praising Tim-the-tax-cheat Geithner as someone who is doing a wonderful job in difficult circumstances (gag!). Anyone who has ever heard Geithner speak would immediately suspect the Economist of writing in some strange “code” - understandable only to themselves, and other Wall Street zealots.

To avoid vomiting, I had to stop reading this article when “the Economist” praised the proposed “Public Private Investment Program” (try saying that five times, quickly!). This was supposed to be “better” than the “bad bank” concept (according to “the Economist”) - because it is (supposedly) less susceptible to corruption.

To hopefully prevent anyone from believing such nonsense, let me provide a hypothetical illustration of how the banksters intend this scam to operate. The first point to make is that most of the banksters have already proclaimed they plan to be buyers as well as sellers in this process. That should be all that anyone needs to know to see the thorough corruption of this scam.

Follow the “logic” here: the same banks who must get rid of these “toxic” assets, to avoid being bankrupted by them, are also saying they plan on buying these “assets” because they are such tremendous “values”. How do “toxic” assets which would bankrupt most if not all these fraud-factories get transformed into “great bargains”? That's easy: through massive taxpayer-subsidies in the form of loans and “guarantees”.

Let's create a hypothetical example. Fraud Factory #1 has an “asset” on its balance sheet with a “book value” of $10 billion. While it only has a real value (or “market value”) of $1 billion, Fraud Factory #1 still has this “asset” listed on its balance sheet as having a “value” of $10 billion. We'll call this “Asset A”.

Fraud Factory #2 also has an asset on its balance sheet with a “book value” of $10 billion (“Asset B”). Asset B also has a “market value” of only $1 billion. This means that both fraud-factories are currently faced with a devastating, 90% loss – which they refuse to write-down. Enter the “Geithner Scam”: the PPIP.

Both fraud-factories know that they cannot expect a “subsidy” of 90% - in order to get them back to a break-even level (that would be too blatant - even for the banksters). However, they are prepared to take a 20% “haircut", in order to rid themselves of this feces. So Fraud Factory #1 offers to “buy” Asset B from Fraud Factory #2 for $8 billion. Similarly, Fraud Factory #2 offers to buy Asset A from Fraud Factory #1 for $8 billion.

Naturally, neither company will actually pay $8 billion for assets only worth $1 billion. Instead, their portion of the purchase price will be $1 billion (the real value) of this “asset”, while the remaining $7 billion (loss) will be stolen from U.S. taxpayers in the forms of loans and guarantees...

Read the rest at:

The Geithner Scam: a step-by-step illustration

Deutsche:

Die Geithner Scam: eine Schritt-für-Schritt-Darstellung

...Der erste Punkt ist, dass die meisten der banksters bereits verkündeten sie planen, werden die Käufer als auch Verkäufer in diesem Prozess. Das sollte allen, die jeder wissen muss, um zu sehen, die gründliche Korruption dieser Betrug...

Als ich zum ersten Mal gestartet Buchung auf diesem Forum, ich war überrascht (und begeistert), dass die meisten Mitglieder hier gar nicht leicht getäuscht durch die US-Wirtschafts-Propaganda. Vielleicht ist dies, weil meine bisherigen "Quelle" für eine "europäische Perspektive" wurde von Medien in das Vereinigte Königreich? (lol!)

Ich war auf der Suche bei "The Economist" heute, und ich bin entsetzt über die "Mist" sie drucken. Wall Street könnte nicht besser schreiben "-Skripte" für sie.

Ich wäre daran interessiert zu hören, Mitglieder Meinungen darüber, ob dieser Unterschied in der "Perspektive" ist, weil die Medien in Großbritannien sind durch die US-Propaganda täuschen, oder ob sie bereit sind, "Komplizen" bei der Verbreitung dieser Propaganda?

When I first started posting on this forum, I was surprised (and impressed) that most members here were not even slightly deceived by U.S. economic propaganda. Perhaps this is because my previous “source” for a “European perspective” was from media in the U.K? (lol!)

I was looking at “The Economist” today, and I am appalled at the “crap” they are printing. Wall Street could not write better “scripts” for them.

I would be interested to hear members' opinions as to whether this difference in “perspective” is because media in the U.K. are fooled by U.S. propaganda, or whether they are willing “accomplices” in spreading this propaganda?