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International News
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Title: Mcgowanjm Wire 2012
Source: [None]
URL Source: [None]
Published: Feb 26, 2012
Author: Various
Post Date: 2012-02-26 09:15:13 by A K A Stone
Keywords: None
Views: 1293822
Comments: 2390

Mcgowinjm Wire Service.

Post Comment   Private Reply   Ignore Thread  


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#1373. To: Liberator, A K A Stone, TooConservative (#1370)

Found on the Chick out of print site:

As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)

redleghunter  posted on  2012-06-22   16:31:00 ET  (23 images) Reply   Trace   Private Reply  


#1374. To: A K A Stone (#0)

When was the last time a foreign country won a war in Afghanistan? I think you have to go back to the seventh century to find one, so WTH are we still doing there?

We'll never know the real reasons we ever stepped foot in that country.

“I hate war as only a soldier who has lived it can, only as one who has seen its brutality, its futility, its stupidity.” - Dwight D. Eisenhower “My first wish is to see this plague of mankind, war, banished from the earth.” – George Washington “You can’t say civilization don’t advance… in every war they kill you in a new way.” – Will Rogers

Robin posted on 2012-06-22 11:25:53 ET Reply Trace Private Reply #5. To: Robin (#4) (Edited)

We'll never know the real reasons we ever stepped foot in that country.

We know the EXACT reasons now.

To Pipeline oil/gas thru to Chindia/SE Asia while bypassing/containing Iran and containing Russia.

And get a ready supply of the World's Largest source of Opium.

The War for the JEWS.

Netanyahu in NYC the Day of 9/11 when asked the effect of same.

"It will be good, very good for Israel."....;}

And of course the Trillions spent on the MIC....always the MIC....;}

All the while Covering up the Last Big Bubble which itself covered PEAK OIL.....;}

All over now as the USSA implodes/disintegrates.

mcgowanjm

mcgowanjm  posted on  2012-06-23   9:25:20 ET  Reply   Trace   Private Reply  


#1375. To: All (#1374) (Edited)

Which line will move to meet the other...;}

mcgowanjm  posted on  2012-06-23   9:26:21 ET  (1 image) Reply   Trace   Private Reply  


#1376. To: redleghunter (#1373) (Edited)

ignorance knows no bounds....;}

" General Sergei Akhromeyev, commander of the Soviet armed forces, address(ed) the Soviet Politburo in 1986. "There is no piece of land in Afghanistan that has not been occupied by one of our soldiers at some time or another. Nevertheless much of the territory stays in the hands of the terrorists. We control the provincial centres, but we cannot maintain political control over the territory we seize."… General Akhromeyev demanded extra troops – or the war in Afghanistan would continue "for a very, very long time".

And how's this for a quotation from, say, a British or US commander in Helmand today? "Our soldiers are not to blame. They've fought incredibly bravely in adverse conditions. But to occupy towns and villages temporarily has little value in such a vast land where the insurgents can just disappear into the hills." Yes, of course, this was Gen Akhromeyev in 1986[152] .

The American war in Afghanistan will end after NATO country militaries withdraw. This process began with the Dutch in 2010, the Canadians in 2011 and will accelerate in 2011.

The Germans have now announced an exit date for 2011[153]. No amount of purchased or bribed Croatian, Mongolian, Lithuanian, Georgian and other such troops can replace the old NATO contingents. In the end, bodies tell the story, America’s lost war in Afghanistan will cease, cut by the scissors of Afghan bodies and mounting U.S. military bodies (Figure 1).

mcgowanjm  posted on  2012-06-23   9:27:26 ET  Reply   Trace   Private Reply  


#1377. To: Liberator (#1370)

BUWAHAHAHAHA ....bu ....WAHAHAHAHA...8D

So you pick My thread to talk your Bull shit?

LMFAO

Welcome back, libby...welcome back....;}

mcgowanjm  posted on  2012-06-23   9:29:53 ET  Reply   Trace   Private Reply  


#1378. To: mcgowanjm (#1374)

Robin posted on 2012-06-22 11:25:53 ET

Robin is a POS Obama supporter. Her site gets 4 comments a day. Besides your and hers.

A K A Stone  posted on  2012-06-23   9:30:46 ET  Reply   Trace   Private Reply  


#1379. To: Mad Dog, A K A Stone, All (#1369)

Morning...something's changed.

MD, with the Aid and connivance of A K A Stone, is now the Mentor/Pastor/Non Cussing HECK raiser of LF....

LMFuckingAO....;}

Squirm, pig...;}

mcgowanjm  posted on  2012-06-23   9:31:48 ET  Reply   Trace   Private Reply  


#1380. To: A K A Stone (#1378)

And you're a SCUM abettor of MD....;}

Next....;}

mcgowanjm  posted on  2012-06-23   9:32:17 ET  Reply   Trace   Private Reply  


#1381. To: mcgowanjm (#1379)

Morning...something's changed.

MD, with the Aid and connivance of A K A Stone, is now the Mentor/Pastor/Non Cussing HECK raiser of LF....

Ok that was funny.

A K A Stone  posted on  2012-06-23   9:33:09 ET  Reply   Trace   Private Reply  


#1382. To: A K A Stone (#1378)

You think these fuckers on my thread are perceived as Indie actors?

Like Al Qaeda is not really the CIA?

Please.

You regulate the site.

You allow and entertain them.

And Robin has her faults, but nothing like the crew that's infesting my thread here....;}

mcgowanjm  posted on  2012-06-23   9:34:19 ET  Reply   Trace   Private Reply  


#1383. To: A K A Stone (#1381)

Ok that was funny.

;}

mcgowanjm  posted on  2012-06-23   9:34:53 ET  Reply   Trace   Private Reply  


#1384. To: mcgowanjm (#1383)

www.torontosun.com/2012/06/22/green-drivel

A K A Stone  posted on  2012-06-23   10:53:52 ET  Reply   Trace   Private Reply  


#1385. To: A K A Stone (#0)

The other Big Idea is the institutionalization of theft, the ‘Greatish Game’. This isn’t a particularly new, what inspired the Spanish Conquistadors hard on the heels of Chris Colon post-1492 was theft from American natives of whatever wasn’t bolted down, then the theft of the natives themselves. Not much has changed since the 16th century, the methods have become more diverse and the natives have become slightly more skeptical. The popular instrument is investment fraud/currency traps: cars, suburban ‘villas’, ‘collectibles’, swim-pools, stocks, credit default swaps, subordinated- and un-subordinated loans, REITs, gold mines and gold mining stocks, mega-yachts, private submarines … the Endless China Boom that will save/overrun the world, (Bloomberg):

mcgowanjm  posted on  2012-06-23   11:17:28 ET  Reply   Trace   Private Reply  


#1386. To: A K A Stone (#1384)

http://www.torontosun.com/2012/06/22/green-drivel

Watch me not open this.....;}

mcgowanjm  posted on  2012-06-23   11:18:23 ET  Reply   Trace   Private Reply  


#1387. To: Mad Dog (#1372) (Edited)

We are ALL products of our own lives.

MOST of us are able to transcend our limitations and go on with the trivia of everyday life.

BUT a percentage always falls out.

We are all tested differently; how we cope (or surrender) may have more to do with our childhood influences and spiritual rearing.

In BOTH cases there are casualties, aren't there?

jimma is a broken person. It's OBVIOUS that he lives on his spit flecked HATE of most of what we love....WHY he hates is another subject that frankly outside of fucking with him I have no real interest in. I just want to make sure that decent people see what he and his ilk really ARE. Which is hate filled insane Hate America FIRST! illiterate useful idiots.

I empathize with any broken person...Some are more adept at handling physical and mental pain, while others surrender body and soul. Jimmy's one of those people. I don't believe he "hates" as much as he lets on; I sense he feels an abandonment and betrayal - THAT is what he hates, and projects that hate.

Just how and why...Only he knows. It doesn't still mean he's doing the Devil's Work, however. "Decent People" DO notice what he's doing; He has a Samson Complex - only his is in the name of destroying all that is good. (or in his warped mind - God, Jesus Christ, and "Fundies"' civilization.)

Being a witness to my own individual take on what is objective TRUTH is my only goal on these forums. My job is to SAY what others fear to even think.

FWIW, Dawg, I agree with you a large majority of the time. You often make great points. I just think you'd be far more effective with a few less necessary "colorful embellishments". You know what I mean.

Liberator  posted on  2012-06-23   11:49:47 ET  Reply   Trace   Private Reply  


#1388. To: A K A Stone (#1381)

(Jimmy: "MD, with the Aid and connivance of A K A Stone, is now the Mentor/Pastor/Non Cussing HECK raiser of LF....")

Ok that was funny.

Jimmy's still filtered, but he can be humorous at times...when he's not demonizing the Christianity, Capitalism, and Human Progress that have provided him with whatever (relative) freedom, comforts, and technology he currently is allowed at the sanitarium.

Liberator  posted on  2012-06-23   11:55:05 ET  Reply   Trace   Private Reply  


#1389. To: redleghunter (#1373)

Those demons are hilarious!

Still another GREAT toon by Chick.

Liberator  posted on  2012-06-23   11:56:08 ET  Reply   Trace   Private Reply  


#1390. To: redleghunter (#1371) (Edited)

Glad to see you up and running here at LF. Miss ya at LP. LP is a less "fun" site without you, SJN and some others.

Thanks brutha...

The Statist agenda, sabotage, and purge of the sane continues at LP.

Too bad controlling interest of its forum was bought out by the Canary, the Plagiarist, and Admiral Blackmail.

Liberator  posted on  2012-06-23   12:11:42 ET  Reply   Trace   Private Reply  


#1391. To: A K A Stone (#0)

Re: Pakistan discussion

Picasso Moon wrote:No branch of TPTB has ever committed suicide. These people fight to the death. The American branch will commit suicide if it starts pulling back from the empire, as once a branch pulls back, other branches push right in.

The USSA 'branch' is the tree trunk.... :? 8-)

The periphery crumbles. See the USSR for details..... :twisted:

Sep 2009:

“Instead Leon Panetta, the director of the CIA, presented a list of clandestine counterterrorism operations that the CIA wanted to conduct in Pakistan, such as stepping up drone attacks, raising the number of CIA agents and covert contractors, and even setting up a parallel intelligence organisation that would be hidden from the ISI,” Rashid said.

“The CIA’s recommendations were accepted, but they soon led to a complete breakdown of relations with Pakistan.”

Rashid writes that both the Pakistani and the Afghan governments resented the fact that a major US escalation of troops was being undertaken without consulting them or soliciting their views.

By Mansoor Ijaz

Early on May 9, a week after US Special Forces stormed the hideout of Osama bin Laden and killed him, a senior Pakistani diplomat telephoned me with an urgent request. Asif Ali Zardari, Pakistan’s president, needed to communicate a message to White House national security officials that would bypass Pakistan’s military and intelligence channels. The embarrassment of bin Laden being found on Pakistani soil had humiliated Mr Zardari’s weak civilian government to such an extent that the president feared a military takeover was imminent. He needed an American fist on his army chief’s desk to end any misguided notions of a coup – and fast. Gen Ashfaq Kayani, the army chief, and his troops were demoralised by the embarrassing ease with which US special forces had violated Pakistani sovereignty. Inter-Services Intelligence, Pakistan’s feared spy service, was charged by virtually the entire international community with complicity in hiding bin Laden for almost six years. Both camps were looking for a scapegoat; Mr Zardari was their most convenient target. The diplomat made clear that the civilian government’s preferred channel to receive Mr Zardari’s message was Admiral Mike Mullen, chairman of the US joint chiefs of staff. He was a time-tested friend of Pakistan and could convey the necessary message with force not only to President Barack Obama, but also to Gen Kayani. In a flurry of phone calls and emails over two days a memorandum was crafted that included a critical offer from the Pakistani president to the Obama administration:

“The new national security team will eliminate Section S of the ISI charged with maintaining relations to the Taliban, Haqqani network, etc. This will dramatically improve relations with Afghanistan.”

The memo was delivered to Admiral Mullen at 14.00 hours on May 10. A meeting between him and Pakistani national security officials took place the next day at the White House. Pakistan’s military and intelligence chiefs, it seems, neither heeded the warning, nor acted on the admiral’s advice. On September 22, in his farewell testimony to the Senate armed services committee, Admiral Mullen said he had “credible intelligence” that a bombing on September 11 that wounded 77 US and Nato troops and an attack on the US embassy in Kabul on September 13 were done “with ISI support.”

Essentially he was indicting Pakistan’s intelligence services for carrying out a covert war against the US – perhaps in retaliation for the raid on bin Laden’s compound, perhaps out of strategic national interest to put Taliban forces back in power in Afghanistan so that Pakistan would once again have the “strategic depth” its paranoid security policies against India always envisioned.

Source: www.defence.pk/forums/strategic- ... z1ydZXKY8d

Memo from Zardari to Mike Mullen November 19, 2011 . 328 Comments in Featured Articles

BRIEFING FOR ADM. MIKE MULLEN, CHAIRMAN, JOINT CHIEFS OF STAFF

During the past 72 hours since a meeting was held between the president, the prime minister and the chief of army staff, there has seen a significant deterioration in Pakistan’s political atmosphere. Increasingly desperate efforts by the various agencies and factions within the government to find a home – ISI and/or Army, or the civilian government – for assigning blame over the UBL raid now dominate the tug of war between military and civilian sectors. Subsequent tit-for-tat reactions, including outing of the CIA station chief’s name in Islamabad by ISI officials, demonstrates a dangerous devolution of the ground situation in Islamabad where no central control appears to be in place.

November 26, 2011 6:03 AM

Pakistan: 24 dead in NATO helicopter attack

(AP)

Last Updated 4:22 p.m. ET

PESHAWAR, Pakistan - Pakistan on Saturday accused NATO helicopters of firing on two army checkpoints in the country's northwest and killing 24 soldiers, then retaliated by closing the border crossings used by the coalition to supply its troops in neighboring Afghanistan.

(The death toll was previously reported as 26.)

The incident Friday night was a major blow to already strained relations between Islamabad and U.S.-led forces fighting in Afghanistan. It will add to perceptions in Pakistan that the American presence in the region is malevolent, and to resentment toward the weak government in Islamabad for its cooperation with Washington.

And then we were at war with Pakistan.

As this is happening domestically:

When the entire economy is banditry, where are the limits, or are there any?

Banks are failing, to be bailed out by nations needing bailouts themselves: both nations and finance are insolvent. Creditors demand citizens take losses in creditors’ place. This strategy fails as citizens lack the means to absorb any more losses. Creditors’ positions are too large to be liquidated without effecting markets in a vicious cycle, some creditors are being wiped out. The efforts of central banks to date have kept pace with speculator redemptions which have prevented markets from crashing. These efforts succeed to the extent that speculators do not rush the exits at once.

When creditors take losses the real panic begins: it is every creditor for himself. Nobody cares when ordinary citizens lose everything and wind up on the streets, the elites losing fortunes is too much to bear.

062112 started it.

The week after July 4 will see momentum pick up.

mcgowanjm  posted on  2012-06-23   13:25:40 ET  Reply   Trace   Private Reply  


#1392. To: Liberator, A K A Stone, All (#1387)

U stupid fuck.

Notice the thread?

You're in my house dissin' me?

;}

And expect what?

To be ignored by the author while you criticize same?

BUWAHAHAHAHAHAHAHAHAHAHAHAHA...8D

Pagans Unite, eh?

mcgowanjm  posted on  2012-06-23   13:28:25 ET  Reply   Trace   Private Reply  


#1393. To: mcgowanjm (#1379)

.

LOL!

PISS OFF retard.

Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.

Mad Dog  posted on  2012-06-24   4:16:35 ET  Reply   Trace   Private Reply  


#1394. To: Liberator (#1387)

FWIW, Dawg, I agree with you a large majority of the time. You often make great points. I just think you'd be far more effective with a few less necessary "colorful embellishments". You know what I mean.

Yeah I do know.

But, I DESPISE people who cannot see past vocabulary into CONTENT.

Like when US FORCES JAPAN secured us from wearing tank tops on liberty in Japan "because American's body hair offended Japanese sensibilities", one of my shipmates asked if maybe we shouldn't get liberty at all since the Japanese were likely more offended by us blowing the shit out of any commie that we could target when we were on the line?

I don't aim any part of my life at three year olds or little old ladies.

I tell the TRUTH, and I tell it for fucking ADULTS.

IMO, IF the vocabulary offends somebody and they can't get past it, FUCK THEM.

I'm NOT trying to convince anybody of anything.

I'm a witness.

Take it or leave it.

(I do appreciate your kind words man. I just think alot of these people need to be slapped out of their daze to pay attention, and adult words are one way to do that.)

Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.

Mad Dog  posted on  2012-06-24   4:34:51 ET  Reply   Trace   Private Reply  


#1395. To: A K A Stone (#0)

#344. To: Robin (#342)

101 in Denver.

We are now in the Anthropocene.

And it will accelerate from here on out to the Tipping Point.

or

a Rapid Non Linear crash of our economic system,

or

both.

Started 062112, the longest day of the year.

mcgowanjm

mcgowanjm  posted on  2012-06-24   7:09:48 ET  Reply   Trace   Private Reply  


#1396. To: Mad Dog (#1393)

Better!

Make it easy to read.

But fucking laughing that you come onto mcgowanjm wire,

anonymously to tell me to

piss off.

And of course you've sinned against jesus by cussing there.

Could be Hell for you now, MD....;}

see you there!

8D

mcgowanjm  posted on  2012-06-24   7:24:35 ET  Reply   Trace   Private Reply  


#1397. To: All (#1396) (Edited)

Good way to quick check the USSA's position Worldwide.

Look to the column on the right............................>

No news on the Foreign Front, Bad sign for the USSA's Top .1%.

;}

The crisis in Europe is clearly beyond anything that this generation of establishment leaders has ever seen. The last time that anything like this faced the European establishment, it led to World War II. During the entire postwar period, the United States has been the dominant force in the West. The United States government through the Marshall Plan wrote the checks to keep the European governments afloat, and it funded most of NATO, the mutual defense system that was set up to constrain the expansion of the Soviet Union.

The United States is no longer in a position to bail out anybody. It is running a massive trade deficit, and is running a massive federal deficit. Europe realizes now that, from an economic standpoint, it is on its own. If there are solutions to the European economic crisis, these solutions are going to have to be generated inside the eurozone.

mcgowanjm  posted on  2012-06-24   7:36:06 ET  Reply   Trace   Private Reply  


#1398. To: All (#1397)

The Good News is that there won;t be a No Fly Zone over Syria anytime soon....;}

mcgowanjm  posted on  2012-06-24   7:37:50 ET  Reply   Trace   Private Reply  


#1399. To: All (#1398)

As we always stress, the losses of the banks are a moving target. It may be possible to ascertain their upper boundary to a reasonable degree of certainty, and in Spain's case it is no doubt significantly above this latest guess.

What we do know for sure is that euro area-wide bank borrowings from the ECB have just hit another new all time high:

www.acting-man.com/?p=17852

mcgowanjm  posted on  2012-06-24   7:39:17 ET  Reply   Trace   Private Reply  


#1400. To: All (#1399)

Banks At Risk: Today, the entire banking system of Europe is at risk. The banks are highly leveraged, and they have made enormous investments at low-interest rates in bonds issued by governments that are technically insolvent. There is no possibility that any of these bonds will ever be repaid. They were never designed to be repaid. They were designed to keep the taxpayers of all European countries in permanent bondage to the banking system.

Just like the USSA's other Slave States.

WELCOME to the Club, Europe!.......

BUWAHAHAHAHAHAHAHAHAHAHAHAHA......;}

mcgowanjm  posted on  2012-06-24   7:41:26 ET  Reply   Trace   Private Reply  


#1401. To: All (#1400)

From the Zionist warmongers in New York: Military Warns Against Threats to Egypt’s ‘Higher Interests’ – NYTimes.com

“The Armed Forces have emphasized self-control out of respect for the revolutionary state to avoid losses or injuries as part of the people exercise their right to express their opinions,” a spokesman for the ruling military council declared in a statement, suggesting the military’s patience was nearing an end. “Everyone should respect the principles of legitimacy for fear of the dangers of abandoning them.”

mcgowanjm  posted on  2012-06-24   8:54:25 ET  Reply   Trace   Private Reply  


#1402. To: Mad Dog (#1394)

I getcha totally...

Only that "less is more" sometimes ;-)

Liberator  posted on  2012-06-24   10:41:27 ET  Reply   Trace   Private Reply  


#1403. To: Mad Dog, mcgowanjm, Redleghunter (#1393)

LOL!

PISS OFF retard.

See? Short and sweet. Lol...I don't know if that's a clinical assessment, BUT....

Poor McGowan. Really. He fancies himself some kind of a Commie/Fascist/Anarchist Paul Revere.

To Jimmy: We all realize it's Satan's World - it's no newsflash for us. The Bible reminds us of this mortal condition. Meanwhile, you're just another of Satan's tools, sucking in all his lies and spreading HIS "gospel" of Hopelessness.

TO WHAT END do you perform your public service?? This world can NEVER be paradise. It will NEVER be "fair". Why not? Because Sin infects man's life. ALL of ours - and that includes mine, Dawg's, and Red's. The ONLY Redemption for even one puny sin is the Blood of Christ and His grace and mercy.

John 3:16 - "For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life"....

John 3:17 - "For God sent not his Son into the world to condemn the world; but that the world through him might be saved." ~ King James Version (KJV)

There it is: Even Jesus admits HE doesn't condemn us; WE condemn *ourselves* come Judgment Day. Will you be ready to face your Maker?

Will your name be in the Book of Life? If you don't wise up soon, the "hell" on this earth you whine on about HERE will be your fate...*forever*. But only far worse. I don't wish that on anyone.

Any real wisdom you possess and hope for the salvation you crave will begin with faith of the grain of a Mustard Seed. PLANT IT. Today. Tomorrow.

But for a few years will you live in this world; The next is....Forever.

Liberator  posted on  2012-06-24   11:14:10 ET  Reply   Trace   Private Reply  


#1404. To: mcgowanjm (#1396)

LOL!

You whiny cunt.

It's not "your" thread SCUM, it's Stone's thread and it's Stone's site.

I'm not "anonymous" SCUM, certainly way less than YOU are SCUM.

LOL!

I'd worry about my own judgement IF I was YOU SCUM.

LOL!

At the moment SCUM, we're not headed for the same place SCUM.

We might be later if you ever admit you are filth to the LORD.

I won't hold my breath SCUM.

"Your" thread!

What a little whiny cunt you are SCUM.

LMAOAY!!!!!!!!!!!!!!!!!!!!!!!

Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.

Mad Dog  posted on  2012-06-24   14:42:14 ET  Reply   Trace   Private Reply  


#1405. To: Liberator (#1402)

.

EXACTOMUNDO!

Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.

Mad Dog  posted on  2012-06-24   14:47:39 ET  Reply   Trace   Private Reply  


#1406. To: Liberator (#1403)

.

One of the LEGION of differences between me and jimma boy is that I have the choice of writing good or "bad" English.

I PICK how I want to address people and subjects.

I know how to, and have the mental ability to write a clear and concise sentence.

When I want to.

jimma boy hasn't any choice, he's an ignorant FOOL.

Did you ever have the misfortune to read a "Wymins"/"race"/ or other faux libTURD "studies" paper, (or any of jimma mctoejams insane screeds for that matter)?

They are fuctionally illiterate, but they are convinced that they are geniuses.

Spoiled, stupid and ignorant, brain dead phuckwads, libTURD fools, tools, and idiots, are the real sickness; the messiah "king" obammy and his regime are only the symptoms.

Mad Dog  posted on  2012-06-24   15:00:18 ET  Reply   Trace   Private Reply  


#1407. To: A K A Stone (#0)

DEFLATION

finviz.com/fut_chart.ashx?t=CT&cot=033661&p=h1

mcgowanjm  posted on  2012-06-25   7:42:56 ET  Reply   Trace   Private Reply  


#1408. To: Mad Dog (#1406)

Mister Jimmie to you, asshole.....;}

mcgowanjm  posted on  2012-06-25   7:43:31 ET  Reply   Trace   Private Reply  


#1409. To: All (#1408)

Now...After taking the Morning's garbage out.

Where was I....o yeah.....;}

America is caught in a confidence or credibility trap, in which the changes, investigations, and reforms necessary to restore trust to an economy or market are rendered unlikely because doing so would expose a pervasive corruption that the principals fear would destroy any remaining trust. It could also endanger the careers of politicians and business people who may have permitted and even appeared to facilitate the control fraud that caused the financial crisis in the first place. Personal risk trumps public stewardship. The fraudulent activity is covered up and therefore continues or at the very least appears to continue....

jessescrossroads

mcgowanjm  posted on  2012-06-25   7:51:24 ET  Reply   Trace   Private Reply  


#1410. To: All (#1409)

NY Times A Loophole Big Enough To Lose a Billion By James B. Stewart 24 June 2012 If nothing else, the collapse of MF Global has made one thing clear: The notion that customer assets were safe was a sham. MF Global’s customers, who discovered that the firm had plundered $1.6 billion of their property, learned that the hard way. But they aren’t the only potential victims. The loophole that allowed MF Global to convert more than $1 billion in customer property to its own reckless bet on European debt is still in effect — although the Commodity Futures Trading Commission, which regulates futures and commodities brokers, said it had since pressured other firms to stop using it.

per jessescrossroads

mcgowanjm  posted on  2012-06-25   7:52:05 ET  Reply   Trace   Private Reply  


#1411. To: All (#1410)

Fukushima plant workers keep saying to us “It could go any minute” kind of thing -Teacher in March 2012 Interview — Even now people say to always have your stuff ready to go (VIDEO, 30 min.)

Published: June 24th, 2012 at 5:07 pm ET By ENENews Email Article Email Article

Along with 14 other reactors.

News Blackout on the damage Cyclone Guchol did as it went right over the top of Fukushima.

Radiation Spike occurring simultaneously.

As the roofs/tarps/covers of reactors ripped off.

mcgowanjm  posted on  2012-06-25   7:54:45 ET  Reply   Trace   Private Reply  


#1412. To: A K A Stone (#0)

If Jesus showed up at Ben Guron Airport the IDF would shoot him down like a dog...;}

Same in a USSA Mall.

mcgowanjm  posted on  2012-06-25   9:27:29 ET  Reply   Trace   Private Reply  


#1413. To: All (#1412)

Re: World Markets - URL The Game doesn't just go 'on and on'.

Stop watching the Apologist Apparatchiks whose message is Exactly that.

Quantum Science:

Asymptote after a Parabolic Rise is predated to be as short an interregnum as the Curve is rapid and exponential.

The Downside is based EXACTLY on that Exponential and Sustained 'rocket shot'.

We've been at Asymptote since 2000/01. Over a decade now.

That would be Approx 10% of the Oil Age history spent at Asymptote.

062112 is a s good a date as any.

As the Rest of the World Economy

$70 Trillion of debt holding up $700 trillion in Synthetic Derivatives Debt

Implodes.... :? 8-)

RYviewpoint: How $700 Billion in Bad Debts Destroyed the World ... ryviewpoint.blogspot.com/.../how-700-billion-in-bad-debts-destroye...

Nov 5, 2011 – ... loans could take down a $14 trillion US economy and a $70 trillion world economy? ... But as Matt Taibbi points out, the banks took that bad debt and ... "derivatives" market ballooning the real losses up into trillions and trillions ... books, they promptly Xerox-copied him in the form of synthetic derivatives ...

Satya Center -- Alternative Health, Relationships & Global News http://www.satyacenter.com/

Check back often to see what new goodies Jane and Jaya have cooked up! ... There are $700 trillion in derivative debt instruments resting upon that $70 trillion ... Last edited by mcgowanjm on Mon Jun 25, 2012 8:32 am, edited 1 time in total.

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Post Mon Jun 25, 2012 8:31 am by mcgowanjm Re: World Markets - URL

Post Mon Jun 25, 2012 8:31 am by mcgowanjm Cotton hits 062112 right on the money.... :twisted: :? 8-)

Image

Watch coffee now.

And sell soy.

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Post Mon Jun 25, 2012 8:38 am by mcgowanjm Re: World Markets - URL

Post Mon Jun 25, 2012 8:38 am by mcgowanjm

Zerohedge, one of our favorite financial sites, because the proprietors are wired to the real insiders. They excerpted a piece by legendary investor and Goldman alum, Raoul Pal. He explains that at best there’s six more months to go before the global financial reset takes place. He details the end of fractional reserve banking as we know it. There’s no avoiding the ultimate crash because $70 trillion of Western Sovereign Debt is holding up over $700 trillion worth of derivatives. No wonder he likens all this to the eye of a hurricane, from which we are just emerging. We’re not talking about any ordinary hurricane, like Katrina which was a category 4-5. Rather, we’re talking about a category 10 storm that will leave no financial edifice standing in its path. But gold and silver will help get us through, and this nuclear economic winter will pass.

And here:

But gold and silver will help get us through, and this nuclear economic winter will pass.

is what will turn 062112 In To TEOTWAKI:

ZH and like minded Gold Bugs keep thinking that Precious Metals are going to hold and rise to (pick a number).

And THAT's impossible as long as the USSA exists.

Silver now at $26+ and people are STILL loading up.

At some point they'll be forced to liquidate...at say.... $10 the oz.

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Post Mon Jun 25, 2012 8:49 am by mcgowanjm Re: World Markets - URL

Post Mon Jun 25, 2012 8:49 am by mcgowanjm Same with those like Dave Cohen (Great Guy-Excellent Analysis) from Decline of the Empire.

Read the Whole thing.... :? 8-)

http://peakwatch.typepad.com/decline_of_the_empire/

2. Industrial civilizations are not going to go out of business because oil is very expensive during the boom times and pricey (but not exorbitantly expensive) during the lulls. Peak oil acts more like a brake (one of many) on global economic growth when times are good.

As Economic-Undertow writes, There is not a 'vacuum of activity' in the world while the USSA adjust to the volatility in price/demand.

And I have yet to see the chart where the 4 MMBD in petrol usage has bottomed.... :twisted:

As usual, we'll know more in 10 years than we know right now.

We'll know by the End of September...I can't imagine a more bearish chart formation than this:

Image

The BDI is being hammered into the ground. It will not get back up.

I don't worry much about the disasters I write about. The writing is on the wall as far as I'm concerned. But if I were to worry about all these human disasters, where would I rank the threat of peak oil? I don't know. It's certainly a concern, and I do write about it, but I write about lots of stuff. Certainly the longer term is fraught with difficulty if humans are depending on crude oil to fuel economic growth in the 21st century as it did in the 20th.

fraught with difficulty

Here's 'fraught'.... :twisted:

ALL $28 per BBL infrastructure has been wiped out. ALL Marginal Oil production is stopped dead with oil dropping below $70 the BBL.

Credit for Oil purchases (How do you get you collateral back from burned oil :!: :?: ) dries up.

E Money loses it's value by the day now.

mcgowanjm  posted on  2012-06-25   9:27:44 ET  Reply   Trace   Private Reply  



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