Geroge Soros: Soros: China Must Be Part Of The New World Order

 

Thankfully, or possibly not, there is no global conspiracy to keep George Soros' views about "A New World Order" under the radar.

As usual I overreacted to an easily explainable set of very ordinary circumstances, and the video in question is available for viewing.

Thanks to Carolyn P., Paul H., Teddy, and Teresa R. for the link.

 

 

Where'd it go?

Catching up on Quotes

 

In an effort to catch up, I think I'm just going to expand this post as I stumble over what I consider to be some of the the better expressed thoughts within the stuff I typically read, as I grind through a backed up month of newsletters, emails etc.

Thanks to Phil? and Nevada? who evidently decided to endure the process at Zero Hedge, signed up and have emailed tidbits.

Your emails are very helpful, thanks.

Ok then, we go.

I'm putting you on notice right here, some of these guys are pretty crabby.

 

“A government will stoop to any depth to ensure its own existence.

This includes lying, cynical propaganda, imprisoning people, raising taxes, sequestering private property including gold.

The Constitution was created by the Founding Fathers to protect the people from the government. No wonder so many politicians hate or willingly ignore the Constitution of the United States.

Let's not kid ourselves, there are a lot of very smart people living outside the US…the single smartest move my subscribers can make is to get out of dollars or dollar denominated assets...get out of dollars and into gold and silver.”

Richard Russell, Dow Theory Letters, 01-19-11

 

“If asked, the typical US soldier will tell you that he risks his life to protect his family and his home.

But the only war in which his home and his family were really under attack was the one launched by the US government against the southern states.

It wasn't Kaiser Wilhelm or Emperor Hirohito who burned Atlanta.

It was Abraham Lincoln.” (Actually, it was Sherman)

Bill Bonner, The Daily Reckoning, 01-19-11

 

"It is on everyone's mind that the Arab soul is broken by poverty, unemployment and general recession.

The Tunisian revolution is not far from us.

The Arab citizen has entered an unprecedented state of anger and frustration.

Arab populations face problems similar to those that led to the unrest in Tunisia -- surging prices, poverty and political systems that offer little or no outlet for dissent."

Arab League Secretary-General Amr Moussa, The Progress Report, 01-19-11  

 

“All major inflations have been caused by princes or governments.
 
All hyperinflations have occurred in the presence of ‘discretionary money regimes’ — in other words, when central banks had the freedom to run the printing presses.
 
Hyperinflations are always caused by public budget deficits which are largely financed by money creation. If inflation accelerates, these budget deficits tend to increase.”
 
Claus Voqt, MoneyAndMarkets, 01-19-11
 
 
We acknowledge with great sadness the retirement of Harry Schultz and the final issue of the Harry Schultz Newsletter.
We will sorely miss our "Uncle Harry".
 
 
 “Roughly speaking, the mess we are in is the worst since 17th century financial collapse. Comparisons with the 1930’s are ludicrous.
 
We’ve gone far beyond that.
 
And, alas, the courage & political will to recognize the mess & act wisely to reverse gears, is absent in U.S. leadership, where the problems were hatched & where the rot is by far the deepest.”
Harry Schultz, 01-11
 
 

 

Catching up on a Sunday Morning

 

Nobel Economics Laureate, Princeton University economic professor, and New York Times columnist, Paul Krugman defines the sides.

 

"One side of American politics considers the modern welfare state — a private-enterprise economy, but one in which society’s winners are taxed to pay for a social safety net — morally superior to the capitalism red in tooth and claw we had before the New Deal.

It’s only right, this side believes, for the affluent to help the less fortunate.

The other side believes that people have a right to keep what they earn, and that taxing them to support others, no matter how needy, amounts to theft.

That’s what lies behind the modern right’s fondness for violent rhetoric: many activists on the right really do see taxes and regulation as tyrannical impositions on their liberty.

There’s no middle ground between these views.”  Paul Krugman

 

Since you asked

    

I'm over here living large, minding my own business, basking in the afterglow of my vacation, and celebrating the fact that I no longer have to take that phone call unless I good and damn well please, when Gregory K.emerges from the wilderness over at the facebook site and starts worrying everybody about just what might happen if "The Grid" goes down. (sigh)

Allright ....... I supposse it is time to get serious.

The map below links to a pretty thorough, if somewhat politically correct discussion of electrical generation, distribution and use from MSNBC.

 

 This here little gear links to some very well done maps (pretty colors) from NPR that tie specific sources of power to specific lines of distribution.

Then one of our all time favorite sites "How Stuff Works" explains, as you might expect, how "The Grid" works.

Finally, that last little gear over there, offers you the opportunity to buy the "Power Grid"  board game. 

I think I'll worry about the WE'RE ALL GOING TO DIE!!!!! part after breakfast.

 

To quote somebody.

 

 

 

I'm Back From the End of the World ..... Really!

 

And about to do the one thing I swore we'd never do.

A travelogue.

 

 

The music was taken from the Hans Zimmer soundtrack for Disney's Pirates of the Caribbean: Dead Man's Chest.

Jack Sparrow.

Available at the ITunes Store for a mere 99 cents.

Makes me just want to go out and pillage something.

 

Ooopsies!

 

From CNBC via Yahoo News.

Which by the way is pretty good for stuff that is likely to not get picked up by the more traditional services.

As always click anywhere below to link up the entire story.

 

Government can’t print money properly

By Zachary Roth

 

 

As a metaphor for our troubled economic and financial era -- and the government's stumbling response -- this one's hard to beat. You can't stimulate the economy via the money supply, after all, if you can't print the money correctly.

Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them -- more than 10 percent of all existing U.S. cash -- in a vault in Fort Worth, Texas, reports CNBC

"There is something drastically wrong here," one source told CNBC. "The frustration level is off the charts."

More than 1 billion unusable bills have been printed. Some of the bills creased during production, creating a blank space on the paper, one official told CNBC. Because correctly printed bills are mixed in with the flawed ones, even the ones printed to the correct design specs can't be used until they 're sorted.

 
 

To quote Marlene Dietrich over and over and ...

 

  “I want to be alone.”

“When you prostitute yourself, you have to get paid for it.”

“A king, realizing his incompetence, can either delegate or abdicate his duties. A father can do neither. If only sons could see the paradox, they would understand the dilemma.”

“There is a gigantic difference between earning a great deal of money and being rich.”

“Think twice before burdening a friend with a secret.”

“I love quotations because it is a joy to find thoughts one might have, beautifully expressed with much authority by someone recognizably wiser than oneself.”

“[The lover says:] How beautiful you are, now that you love me”

“The average man is more interested in a woman who is interested in him than he is in a woman with beautiful legs."

“Most women set out to try to change a man, and when they have changed him they don't like him.”

“Once a woman has forgiven a man, she must not reheat his sins for breakfast”

“Do let him read the papers. But not while you accusingly tiptoe around the room, or perch much like a silent bird of prey on the edge of your most uncomfortable chair. (He will read them anyway, and he should read them, so let him choose his own good time.) Don't make a big exit. Just go. But kiss him quickly, before you go, otherwise he might think you are angry; he is used to suspecting he is doing something wrong.”

“Grumbling is the death of love.”

“How do you know love is gone? If you said that you would be there at seven and you get there by nine, and he or she has not called the police - it's gone.”

“To be completely woman you need a master, and in him a compass for your life. You need a man you can look up to and respect. If you dethrone him it's no wonder that you are discontented, and discontented women are not loved for long."

”It's the friends you can call up at 4 a.m. that matter.”

“Superstitions are habits rather than beliefs.”

“I am at heart a gentleman.”

“The weak are more likely to make the strong weak than the strong are likely to make the weak strong.”

“If there is a supreme being, he's crazy.”

 

To quote Joan Larson

 

 

Bailouts. Who and how much.

 

Pro Publica is doing a nice job of keeping track of who's doing what to whom regarding all of these bailouts.

Click on the chart below for the entire list, it's a hell of a lot longer than you think.

 

 

Global Food Prices

 

From the United Nations Food and Agriculture Organization, by way of Clusterstock and Business Insider.

World food prices are trying to breakout.

 

 

The Deficit Commission

 

The President's Deficit Commission released their recommendations yesterday, and they are as follows:

Taxes

Would collapse today's five income tax rates into three brackets: 8 percent for the lowest incomes, 14 percent for middle incomes and 23 percent for the wealthiest.
Would lower the corporate tax rate to 26 percent from 35 percent today.
Would end $1.1 trillion in popular tax breaks to permit these low rates. Tax breaks to be eliminated range from the deduction of mortgage interest to receiving health insurance from employers on a pre-tax basis. Such moves would broaden the tax base and make virtually all Americans pay more in taxes.
Would tax capital gains and dividends as ordinary income rather than at today's 15 percent rate.
Would raise payroll taxes on the wealthy so that 90 percent of taxable wages would be subject to the payroll tax by 2050.
Would increase the federal gas tax by 15 cents a gallon to pay for transportation improvements.


Retirement benefits

Would raise the age Americans can get Social Security benefits from 62 to 68 by 2050 and to 69 by 2075. This reflects that Americans are living and working longer.
Would allow early retirement benefits for career manual laborers.
Would boost benefits for Americans aged 81 to 85.


Spending

Would cap spending on almost all government programs through 2020 except for Social Security, Medicare, Medicaid and some defense programs.
Would require the president to propose annual limits on war spending, a major change when America is fighting two wars without a tax increase to pay for them. That has never happened in U.S. history.
 
 
Federal pay, work force

Would impose a three-year freeze on congressional pay, which now increases annually.
Would freeze pay for civilian federal workers.
Would gradually reduce the government's civilian work force by 10 percent.
 
 
Got a problem with any of that?
Let's see what you can do.
Here's another chance to balance the budget with The New York Times budget puzzle.
Click on the chart below to play.
 
 
 
 
 

 

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