You are here

Casey Research

Reading in the middle of the night

Submitted by Roanman on Mon, 09/26/2011 - 08:30


Most days our serious reading begins with McMaster Online which unfortunately offers neither free content nor the occasional means to pilfer, as it is completely hidden away behind their paywall.

All three quotes below were offered within R.E. McMaster's daily newsletter.

We may well live to regret having said this, but McMaster Online is one of the three of four sites we take that we don't even ask how much it's costing us.

We would have probably stumbled across the other two quotes sooner or later anyway as we haunt both Zero Hedge and Casey's Daily Dispatch on a regular basis.

Anyway, the McMaster quote below links up to his homepage, the next two quotes will link you up to the specific piece from which it was taken.


The US is attempting to do financially to Switzerland what it did militarily to Iraq, Afghanistan and Libya, and supported clandestinely in the Arab Spring countries by Clinton.

Most people are unaware that Switzerland is the only country in Western civilization that does not have the modern rendition of the "divine right of kings", which is Hegel's "the state is god walking on earth"  top-down form of government.  Instead, the Swiss have a constitutional confederation of 26 sovereign cantons, where the governmental power lies, not in the centralized government.

The Swiss balance of power is between the three distinct different languages and cultures of the German, French and Italian speaking cantons. Moreover, the Swiss can reverse anything their central government does through a referendum system.

For a nation without any natural resources, is it any accident that the Swiss consistently express the greatest satisfaction with their lives, as well as one of the world's highest per capita incomes? Not in the least. The best politics and economics are run at the local level, not at the parasitic bureaucratic federal level. And certainly not with an empire.  R.E. McMaster


"The specific path of our lives is very much in our control. Yet most people don't give the matter much thought at all, and therefore are blown here and there like dried leaves in the wind.

And even when people do take the time to reflect on the scripts of their lives, they tend to resist plot lines that move them outside of the rut of the status quo. For instance, provided you were looking to live an interesting and fulfilling life - and who doesn't want that? - it's only logical to look to the lives of others who have lived successfully to guide in your script-making. The examples of people who have lived truly fascinating and wonderful lives are abundant in the history books, and even among contemporaries who live life large and lively. Yet most people find it impossible to envision such a life for themselves. Instead, they dismiss such people as overachievers and exceptions while resolving themselves to hunkering down in a ditch of their own making, hoping against hope to muddle through until the passage of time fills the ditch in, with them in it...

Put another way, most people cast themselves as walk-on characters even in their own lives, and not as the lead."  David Galland, Casey's Daily Dispatch, 09-23-11


As previously disclosed, we really like Zero Hedge and especially like Tyler Durden who is really, probably 6-8 different guys all of whom would probably, really give up their left testicle to indeed look like Tyler Durden.

It is frequently a difficult read as it is not a jargon free zone.

It is also a colossal pain in the ass to subscribe to as they clearly, sincerely don't care if you subscribe or don't.

Having said that, someone from around here is hanging around there every day.


"...the transition of America from a government 'on behalf of the people' to one 'in control of the people' catalyzed, as Bill Buckler, put it simply, by one simple event: the confiscation of America's gold, and the ushering in of the welfare (or 'promise') state, the same welfare state that now is supported by a system that no matter how hard one denies, is nothing but a ponzi scheme.

...just like in the time of FDR, for whom the creation of a 'mild' inflation was a prime prerogative to offset the depressionary deflation gripping the land, the moment for a brazen gold revaluation by none other than the US government has arrived. Unfortunately, it likely also means that any scheme in which the government opens a buy/sell gold window at a substantially higher price point, will mean that very soon, either by guile or by force, the US government will once again be the prime and sole owner of all the gold.

As Coxe says, 'The gold bugs have long proclaimed their own version of the Golden Rule: “He who has the gold makes the rules." By that standard, Barack Obama could become the leader of the world overnight.'... in summary, Coxe's point is that the time for a government 'LBO' of the gold market, one in which every last ounce is extracted from the skittish public, in exchange for pseudo-equivalent assets such as gold-backed bonds, has arrived. The only question is what the acquisition price of the risk-free alternative to fiat would be, and hence how much higher will investors push the price in anticipation of the inevitable 25% take out premium. Once the public realizes that this is the endgame, and that the buyer of only resort will be none other than Uncle Sam... then look out above.

As for the context of Executive Order 6102.2, Coxe notes: 'When nearly all OECD economies are running huge deficits at a time of near-zero interest rates, and nearly all governments are looking for ways to raise revenues without imposing economy-unfriendly taxes, why don't the big holders revalue their gold to, say, $2,200 an ounce and declare themselves willing sellers at that price—in bars or in bonds backed by gold—and willing buyers at, say, $2,000? Roosevelt revalued gold from $20.67 an ounce to $35 and declared that the US was a buyer and seller at that price. He also made it illegal for US citizens to own gold. By the end of the Depression, most of the world's visible gold reserves were in Fort Knox.'

Most importantly, Coxe observes that 'now is a good time to lock in the gold bull market by monetizing the nation's holdings through various strategies and vehicles forty years after Nixon uncapped gold and 78 years after Roosevelt boosted it 70%. Why don't the governments bring out their gold and use it to back their bonds? Obama should, in our view, try to find one non-Keynesian economist who understands gold to advise him. We’re sure he could get an old-fashioned scholar from the University of Chicago to help him out if he made a few calls.'" - Tyler Durden,, 09-22-11


Most people aren't aware of the fact that I used to look a great deal like Tyler Durden ... before the operation.


A brand new conspiracy theory.

Submitted by Roanman on Sat, 07/31/2010 - 09:11


First of all, apologies to Shannara Johnson and Casey Research who week after week are providing consistently good stuff, as I cut and pasted the entirety of the following article which was published yesterday, July 30, 2010 at Casey's Daily Dispatch along with some other good stuff under the heading, A Rock and a Hard Place.

Secondly, apologies to you, as this one hopefully will take up a little more or your time than I usually shoot for.

As you know, when I find something I like, usually I just grab off a paragraph or two along with the heading and the byline and just link you up to the site itself.

My opinion is that about half of you follow the link.

My hope is that all of you will read this one to the end.

Please do.

Remembering all the while.

Really, it isn't like I ever ask all that much from you ..... you know, the occasional comment ..... maybe ask how I'm doing before you call me a fascist moron.

You know who you are!!!

Something Fishy About RightHaven Suits?

By Shannara Johnson

Cracking down on the blogosphere seems to have become the latest fashion. Since March, lawsuits were filed against at least 88 blogs, message boards, advocacy organizations, and other websites, according to various news reports.

And they’re all coming from the same source: Las Vegas-based RightHaven, a firm that deals with copyright infringement. reports that “RightHaven’s business model involves acquiring the copyrights for specific articles originally published by the Las Vegas Review-Journal, then filing lawsuits against website owners who have posted those articles without permission.”

The owners of one of the affected sites called The Armed Citizen, Clayton Cramer and David Burnett, complained to Reason magazine that they never even got a chance to remove the articles in question. “With our e-mail addresses right there on the front page [of our site], all it would have taken is an e-mail asking us to remove or alter the listing so as not to infringe,” said Burnett. “By not contacting any of the websites with a takedown notice beforehand, they’re showing they’re interested in money, not resolution.”

Which Steve Gibson, CEO of RightHaven, readily admits to. “Media companies’ assets are very much their copyrights,” he told Reason. “These companies need to understand and appreciate that those assets have value more than merely the present advertising revenues.”

With many of the targeted sites being blogs, conspiracy message boards, and government-critical websites, however, some of the victims suspect much more sinister motives behind RightHaven’s attacks. The legal trouble, they believe, may be part of a larger operation initiated by the Obama administration to silence independent, critical voices on the Internet.

And browsing the evidence, this contention may be not be all that far-fetched.

Recently,, a little-known Wordpress platform, was abruptly shut down by its hosting company, BurstNet, taking down about 73,000 blogs. According to CNET, “[the] service was terminated at the request of some law enforcement agency, but [BurstNet] wouldn’t say which one. As for the reason, BurstNet hasn’t made that clear either.”

Rumors have it that the government may have gotten involved as part of anti-piracy operations, but many liberty advocates don’t buy it. And who can blame them, with frustrated sound bites coming from President Obama himself, implying that unsympathetic bloggers may have a part in his inability to connect with the public.

In January, an obscure academic article from 2008 made the rounds in the blogosphere that had been written by Obama’s information czar, Prof. Cass Sunstein.

Here’s an excerpt:

Why should you be worried about this?

Glenn Greenwald from explains it:

FOX’s John Stossel hit the nail on the head, quipping, “That's right. Obama's Regulation Czar is so concerned about citizens thinking the wrong way that he proposed sending government agents to ‘infiltrate’ these groups and manipulate them. This reads like an Onion article: Powerful government official proposes to combat paranoid conspiracy groups that believe the government is out to get proving that they really are out to get them.” 
And the RightHaven case has only fueled the fears – especially since evidence points to potentially close ties between the Obamas and Gibson.

Recently targeted by RightHaven, outraged members of the conspiracy message board (GLP) set out to get to the bottom of the matter, digging in RightHaven CEO Steven A. Gibson’s background.

According to a resume found on the Net, Gibson attended the Chicago-Kent Collage of Law and graduated cum laude in 1990, and, his work history states, “Prior to establishing his own firm, Mr. Gibson was an associate at Sidley Austin LLP,” a Chicago-based law firm.

President Obama’s Wikipedia page, in turn, states that “In late 1988, Obama entered Harvard Law School. . . During his summers, he returned to Chicago, where he worked as a summer associate at the law firms of Sidley Austin in 1989 and Hopkins & Sutter in 1990.”

Coincidence? GLPers don’t think so, especially considering that Michelle Obama, too, is in the picture. “She met Barack Obama when they were among the few African Americans at their law firm, Sidley Austin . . . and she was assigned to mentor him as a summer associate.” (Wikipedia)

“At the firm,” the Wikipedia page goes on, “she worked on marketing and intellectual property,” the latter being Gibson’s specialty as well.

In other words, it would be reasonable to assume that Barack and Michelle Obama and Steven Gibson have known each other for 20 years and (of course this is conjecture) may even have been, or still be, friends. Making Gibson the perfect henchman, the conspiracists surmise, to carry out Obama’s death sentence on free Internet speech and open dissent.

Tall tales or the beginning of the end for a truly free Internet? We’ll see; but we will keep our eyes open to other warning signs.


Subscribe to RSS - Casey Research