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Psychopaths
- "Psychopaths are not limited to seemingly nice gentlemen who invite you over for dinner, then cut you into pieces and serve your fresh innards on a plate."
- Diagnostic Criteria: Psychopath
- Supreme Court: Corporations Are Persons. Are Soulless Persons Psychopaths?
- Watch the movie "The Corporation" and find out
Corportocracy Has Replaced Capitalism
Ex-Merrill Lynch CEO Regan Tells Reagan What To Do (Video on page)
- Both parties. Went from Merrill Lynch's CEO to JP Morgan Chase & Company's executive (Bill Daily).
Plutocracy
- From Capitalism Without Failure, Bill Moyers: "Citigroup reference to "market-friendly governments" on their side?"
Debt
- Debt
- Enron Math: Debt 15+ Trillion
- Actual Debt:
- Interest 3.7 Trillion
- Social Security 15.4+ Trillion
- Prescription Drugs 20.4+ Trillion
- Medicare 81+ Trillion
- Tax Revenues 2.3 Trillion
- Spending *3.6+++ Trillion
- *Wars off balance sheet 1 Trillion
- Last Updated 11/25/2011
- Link to current numbers
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- In the 1930s many lived in shacks often made up of cars that sprung up around towns, they called them "Hoovervilles." 2011 we have kids living in cars with their parents.
Bubbles & Market Crashes
- Seven Step Checklist To Identify a Bubble
- According to Ludwig Von Mises: “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.”
- Did Bernanke Really NOT Know? Read FY2005 FOMC Minutes After Watching Video Video
- Bubble Decades
How It's Going to End:
Inflation
- Your Dollar Today Buys What 2 Dimes Did In 1971
- Actually It's Closer to a Penny - Listen to Hear Why
- Listen To Chris Martenson Ph.D. Describe How Inflation is Calculated.
"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value." ~Greenspan 1966
Central Banks Gold Holdings V. India’s Citizens Gold Holdings
Regulatory Economic Capture
Modern Day Bread Lines Forming
Jesse’s Café Américain- The Burning Platform’s Latest
- The Economic Collapse Blog
- Latest from Dollar Collapse
- Crash Watcher’s Lates
- Part 9: Inter-Regional Trade Movements of Petroleum to and from China
- Part 8: Inter-Regional Trade Movements of Petroleum to and from the former Soviet Union Region
- Part 7: Inter-Regional Trade Movements of Petroleum to and from the Middle East
- Part 6: Inter-Regional Trade Movements of Petroleum to and from Europe
- Capitalism Without Failure’s Latest
- Latest on ZeroHedge
- Think You Bought FaceBook? Think Again
- Unrestrained Stimulus and Draconian Austerity: Two Sides of the Same Coin
- Facebook Plunges From Opening Print, At IPO Price... For Now
- I Just Got Back From the EU... and It's Worse Than You Imagined
- Forbidden Terms: For Immediate Release
- Fadebook Opens For Trading At $42.05 As Europe Closes
- 26 Minutes In And... Still Nothing
- Kunstler’s Latest
Today’s Shocker (well, not really)
Unemployment
No one does charts like Jesse :) click for the jump.
How To Handle A Crisis
Super book written by Police Chief [former] "Bones" Evers & Dr. Silva, click to jump to their site.
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All Posts
- Jim Quinn’s Got Another Great One—YOU AIN’T SEEN NOTHING YET – PART ONE
- Egon von Greyerz
- One Government’s Meat Is Any Other Man’s Felony Poison
- The Rolls Report—3.29.2012
- The Flaw In Europe’s Austerity Plan: Elections
- When Charlie “Lucky” Luciano Toured Wall Street….
- It is your duty to try to escape today’s repression. Until then, you should budget for “safe carry” to help pay your bills.
- Capitol Hill’s the toast. You’re the butter. Spread. It. On.
- No Jobs, No Recovery—No $hit Sherlock.
- Shocker. Never saw this coming [sarc.]
- And They’re Off, Around The First Turn It’s ECB Beating BoJ By A Nose, A Tail’s Length Behind Is BoE and Taking Up The Rear It’s Ben Bernanke
- Can You Spell The Second Great Depression?
- Psychopathic Economics & Every Other Decent Economic Blog, Has Been Calling Inflation “John Williams 11%”—Now So Is General Mills
- Fourth Largest Gun Maker In US Is Out Of Guns
- Purchases of new houses suck, have sucked and will suck for a long time.
- Bruce Krasting’s Picture That’s Worth 1,000 Words On Why WTI Oil Is $106 A Barrel
- Psychopathic Economics Interviewed on Public Radio
- “I’m Mad As Hell And I’m
NotGoing To Take ThisAnymore!” - First Study Where Fortune 100 Executives Were Screened For Psychopathy [Podcast] Interview With Dr. Daniel N. Jones, Ph.D. Postdoctoral Researcher for Dr. Robert Hare Ph.D.
- The Dark Triad’s Negative Externality—Generational Tyranny
- Globalization: Terminal Economic Cancer [Featured Article-Revised 2.19.2012]
- The Final Tipping Point [Featured Article February 2012]
- What if the Fukushima nuclear fallout crisis had happened here?
- Windows Of Opportunity For An Iranian Attack
- “We Need More People On Food-Stamps”~US Government
- Always a day late—never a borrowed on us “dawler” (as my favorite Canadian reporter calls them) short—Federal Reserve Bank of Dallas Calls for Immediate Break-Up of Giant, Insolvent Banks them) short. Federal Reserve Bank of Dallas Calls for Immediate Break-Up of Giant, Insolvent Banks
- “End Of The Road” – A Teaser
- History 101: How Fast Can Inflation Explode?
- While Working as Obama’s Chief Economic Advisor, Austan Goolsbee Didn’t Have Access to stlouisfed.org
- War Drums—The Noose Tightens
- Bill Black: All Those who Doeth Evil, Hateth the Light
- Blogs: Discerning Fact From Fiction
- “So anything that these morons or psychopaths tell us…”
- ASLEEP AT THE WHEEL
- Vetting out more posts. Is JPM Metals “Whistleblower” Letter A Complete Fraud Or Just A Total Mockery?
- Executive Order — National Defense Resources Preparedness—March 16, 2012
- “We Are Fearful of a Cascading Credit Event; Wide-Scale Market Collapse.”~Anonymous to CFTC who claims to be JPM whistle-blower
Executive Order — National Defense Resources PreparednessBut Wait, There’s More! DHS Orders 450 Million .40 Caliber Rounds of Ammunition- “No Martial Law Coming”
- [Update#2] Man Successfully
FliesHoaxes Us With Custom-Built Bird Wings [Maybe] - Jim Sinclair on KWN
- Three in 10 young adults live with parents, highest level since 1950s
- What Closing The Straits Of Hormuz Will Mean In
31 Simple Charts - On This Day In History…. Gas Prices Have Never Been Higher
- Are Treasuries FINALLY the Short of the Decade?
- Seesaw: ECB Margin Call Up, Good/Gold Sold.
- “As a result we neither capitalism or democracy”~David Stockman
- Guest Post: Obama’s Risky Ploy – Iran by Leslie J. Sacks
- Regulatory Economic Capture—Brought To You By Corporatocracy
- How Lloyd (Bernanke’s Harvard Housemate) Does “God’s Work”—Ex-Goldman Exec Comes Clean On How A “Toxic And Destructive” Goldman “Rips Its Clients Off”
- Tweet [Back] The Twits
- “Joseph Salerno, Economics Professor at Pace University (and gasp, Austrian Economist) destroys basically the entire “About Us” page of the Federal Reserve.”
- Balestra Capital: “If Government Programs Were Cancelled, The Economy Would Collapse
BackInto SevereRecession”Depression [corrections mine---at 22.5% unemployment---we're in a "soft" depression] - Student Loans—Why Universities As We Know Them Are Finished
- Bon appetit—70% of all Ground Beef Contains “Pink Slime” … and USDA Bought 7 Million Pounds of the Stuff for School Lunches
- Youth
EmploymentArab Spring Europe - The Fed’s Manipulation Of The Market Is Driving TrimTabs’ Charles Biderman “Even More Nuts Than He Already Is”
- Kotlikoff 2012
- For The Banana Republic Win—Largest Deficit In History: US to borrow 54 cents for every dollar it spends
- Doing God’s Work: Banks Foreclosing On Churches In Record Numbers
- 2009-2012—127%, 85%, 44%, 42%, 33%
- MF Global Trustee Freeh Asks Court to Pay MF Global Executive Bonuses
- Sterilization: all show and no dough~The Federal Reserve Bank Minneapolis
- Obama Promises Bunker Busters To Israel If Netanyahu Delays Iran Invasion Until After US Elections
- The Big Fracking Bubble: The Scam Behind the Gas Boom
- Homeless Teen Students Exploited For Food & Shelter
- “Capitalism is an alternative for what we have now. I highly recommend it.”~Jim Grant
- The Morg’s Master Of Derivatives
- Guest Post: Cause, Effect & the Fallacy of a Return to Normalcy~By Jim Quinn
- David Rosenberg: “The Best Currency May Be Physical Gold”
- Michael Lewis: How did no one notice that 24-year-olds who knew nothing were being paid $2 million?
- Egon von Greyerz
- Renewed American Prosperity, Shale Gas & New Gold Buyer
- Erik Townsend: Expect a US Price Shock as Black Swans Come Home to Roost
- …laboratory studies, upper-class individuals were more likely to exhibit:
- 22.5% Unemployment & Bernanke Says, “FALL IN UNEMPLOYMENT `MORE RAPID’ THAN EXPECTED”
- Erik Sprott on KWN—$150 Oil
- [Update 2, 3.3.2012] Where Is The Anger?
- So Why Are Gas Prices So High?
- Grant “Things That makes You Go Hmm” Williams on Gold (A Must Listen)
- Ron Paul “Bernanke do you do your own grocery shopping?” “I have a silver ounce here.”
Two States Sent Resolutions to Congress: Corporations Shouldn’t Be People & Money is NOT Speech- Buffett: I was dead wrong
- Who Victimized Who Warren???? How Long Does It Take For One To Personally Toss Their Own Name & Reputation Under A Bus?
- “Except for the rather unfortunately large and misplaced microphone…” How The Evolution of Web 2.0 (Blogs) & TV 3.0 (iPhones, Apple TV’s & Portable Tripods) Will Change The Way We Get Our News
- The $8.31 Pump Tax
- [Update 3.1.2012 19:00 est] My Public Radio Interview & My Earlier Interview With Dr. Daniel N. Jones, PhD.
- Art Cashin’s Got It Wrong
- G20 Take Flamethrower To €
- The Great Crash of
1929201(i) - Public Radio Talk At Ten & Psychopathic Economics
- Eurozone Banks Hooked On Bernanke’s Back-Door QE
Juncker: “Greece May Need A Third Bailout”- March 14th-20th Major Event—Jim Sinclair on KWN:
- 1 Chart +1 Chart =
2 ChartsA $5 Trillion Deficit - 22.5% Unemployment (many of which are very educated), 46 Million Americans On Food Stamps And Nasa Will Pay People To Eat Astronaut Food For 4 Months
- …And Nothing Else Matters
Moron Valeri Jarrett—White House Senior Advisor—”People who receive that unemployment check go out and spend it and help stimulate the economy, so that is healthy as well.”- The Law Of Unintended Consequences
- Greece’s Anomic Breakdown
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Author Archives: Davos
Jim Quinn’s Got Another Great One—YOU AIN’T SEEN NOTHING YET – PART ONE
Link to Jim’s fine article. Watching pompous politicians, egotistical economists, arrogant investment geniuses, clueless media pundits, and self- proclaimed experts on the Great Depression predict an economic recovery and a return to normalcy would be amusing if it wasn’t so … Continue reading
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Egon von Greyerz
If I had to pick 1 person to follow—it would be Egon. I’m extremely busy, let me just say please don’t miss this interview. Here are a few of the talking points. TSHTF 2012 Greece Spain’s on deck Gold 20% … Continue reading
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One Government’s Meat Is Any Other Man’s Felony Poison
Link to (where else?) Zero Hedge.
Posted in Uncategorized
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The Flaw In Europe’s Austerity Plan: Elections
Getting Europe’s mainstream politicians and appointed technocrats to agree to bailouts and austerity was actually the easy part. The real challenge for these guys will be holding onto their jobs — and preserving the deals they’ve cut — in upcoming … Continue reading
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When Charlie “Lucky” Luciano Toured Wall Street….
Before I was born Lucky toured Wall Street. After they explained how the market worked, he said, “And you guys call me a crook?” That was then. This is now. He’d have added a few adjectives to that. Link to … Continue reading
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It is your duty to try to escape today’s repression. Until then, you should budget for “safe carry” to help pay your bills.
Similarly though it is your duty to try to escape today’s repression. Your living conditions are OK for now – the food and in this case the returns are good – but they aren’t enough to get you what you need … Continue reading
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Capitol Hill’s the toast. You’re the butter. Spread. It. On.
http://www.unitedrepublic.org http://www.republicreport.org http://www.sofapundit.com
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No Jobs, No Recovery—No $hit Sherlock.
Globalization was as retarded an idea as blowing up the economy with $hit loans sold as ”AAA investments”. Having the morons who did all this in charge of “fixing” it is equally retarded. Link to (where else) Zero Hedge.
Posted in Unemployment 23%
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Shocker. Never saw this coming [sarc.]
The preface: 25% of kids age 18-34 live in mom and dad’s basement; 46% of kids 18-24 have no job; 167,000 Americans have more than $200,000 of student loan debt; The resultant: The First Crack: $270 Billion In Student Loans … Continue reading
And They’re Off, Around The First Turn It’s ECB Beating BoJ By A Nose, A Tail’s Length Behind Is BoE and Taking Up The Rear It’s Ben Bernanke
Link. Gold, not in this asinine race will be the winner.
Posted in Uncategorized
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Can You Spell The Second Great Depression?
48 percent of all Americans are currently either considered to be “low income” or are living in poverty. In the middle of the last century, the United States was #1 in the world in GDP per capita. Today, the United … Continue reading
Posted in Uncategorized
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Psychopathic Economics & Every Other Decent Economic Blog, Has Been Calling Inflation “John Williams 11%”—Now So Is General Mills
Source (who else?) Zero Hedge. Paging Bob Prechter & everyone else calling for deflation.
Posted in Inflation
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Fourth Largest Gun Maker In US Is Out Of Guns
Sturm, Ruger (the 4th largest gun-maker in the US) who after receiving orders for over one million units in Q1 has temporarily suspended the acceptance of new orders. Link to (where else?) Zero Hedge.
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Purchases of new houses suck, have sucked and will suck for a long time.
Here are the quick facts. Sales were 25,000 in February vs. 22,000 in February 2011.~Source Lee Adler Who gives a shit about the micro YoY or month over month? Big picture: ALL bubbles over-correct. Unemployment is 22.5%—people need jobs to buy homes. … Continue reading
Posted in housing, Housing Bubble, Housing Collapse, Uncategorized
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Bruce Krasting’s Picture That’s Worth 1,000 Words On Why WTI Oil Is $106 A Barrel
Link to Bruce’s fine work on Zero Hedge. Psychopathic Economics covered this a few weeks ago So Why Are Gas Prices So High? and Globalization: Terminal Economic Cancer. China & The Money Printers: David Baker and Eric Sprott did a fantastically wonderful piece titled, Unintended Consequences. … Continue reading
Posted in Globalization, why are gas prices so high?
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Psychopathic Economics Interviewed on Public Radio
Psychopathic economics thanks R. Mark Glover of Marfa Public Radio in Texas for inviting me. The link is here for anyone who wants to listen to the interview. Talk At Ten Thu. Mar 1 Interview: Sherman Okst LISTEN NOW: Sherman Okst … Continue reading
“I’m Mad As Hell And I’m Not Going To Take This Anymore!”
By D. Sherman Okst of Psychopathic Economics Bizzaro Foreshadowing Mark Glover of Marfa Public Radio wrapped up our interview with words to this effect, ‘Is this what America is heading for? Two classes? The very rich huddled behind gated communities … Continue reading
Posted in Article, Corporations are Psychopaths, Corporatocracy, Davos, Dr. Daniel N. Jones, Dr. Paul Babiak, Dr. Robert Hare, Economics, Economy, First Fortune 100 psychopathy study, Food Stamps, Globalization, Herd Mentality, Herds, Homeless in America, housing, Housing Bubble, Housing Collapse, I Am Fishead, Inflation, Insolvent Large Banks, Psychopath Economics, Psychopaths, Tent Cities, TSA Morons
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First Study Where Fortune 100 Executives Were Screened For Psychopathy [Podcast] Interview With Dr. Daniel N. Jones, Ph.D. Postdoctoral Researcher for Dr. Robert Hare Ph.D.
I Am Fishead caught my eye on Jesse’s American Cafe’. In this documentary psychopathy researchers “fish for psychopaths” inside Fortune 100 corporations. Dr. Robert Hare is in the movie. He was a familiar face. I had remembered him from the documentary … Continue reading
The Dark Triad’s Negative Externality—Generational Tyranny
Negative Externality: Transaction spillover, a cost not transmitted through prices that is incurred by a party who did not agree to and was not part of the transaction. When a large air carrier suffers a loss the National Transportation Safety Board [NTSB] … Continue reading
Globalization: Terminal Economic Cancer [Featured Article-Revised 2.19.2012]
“Good artist copy & great artist steal”~Pablo Picasso This article was inspired by Jim Puplava’s “Petro Cycle“. A fantastic read. There were a few charts in there that I wanted to emphasize. In doing so I wanted wanted to provide a … Continue reading
Posted in Article, Globalization, Peak Production
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The Final Tipping Point [Featured Article February 2012]
“The world is a dangerous place to live; not because of the people who are evil, but because of the people who don’t do anything about it.”~Albert Einstein Pareto’s Principle When I began seriously researching for the book I’m working … Continue reading
