FAQ   Search   Memberlist   Usergroups   Register   Profile   Log in to check your private messages   Log in 
Audio: The Invisible Revolution -Part 1, 2, 3
Goto page Previous  1, 2, 3 ... 11, 12, 13, 14  Next
 
Post new topic   Reply to topic    The Next Level Forum Index -> General Discussion
  ::  Previous topic :: Next topic  
Author Message
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Mon Apr 21, 2014 7:03 pm    Post subject: Reply with quote

Quote:
Paul Krugman Discusses Piketty’s
Capital and the Rise of Inherited Wealth

on Bill Moyers - April 19, 2014


http://vimeo.com/92308666 http://rlu.ru/V59



Occupy was right: capitalism has failed the world
One of the slogans of the Occupy protests was 'capitalism isn't working'.
Now, in an epic, groundbreaking new book, French economist Thomas
Piketty explains why they're right

The Observer, Sunday 13 April 2014
View comments (480)


Ok, it's great to see issues like inherited wealth and capitalism's
structural bias towards eventual oligarchy being aired in the
Anglo-American mainstream.

But Piketty's solution is focussed solely on higher taxes upon wealth.
Not a mention of MMT and/or setting free the People's Printing Press.

Piketty's "riches tax" threatens the Wealthy.

But MMT threatens the Bankers. And it's a systemic reform.

Is this why Piketty is the new left champion?

Maybe I'm bitchin' too much. Piketty IS exposing the
structural bias towards
the 10%, the 1% and the .001%

Quote:

PikettyEd Alcock / M.Y.O.PEnlarge Image


Capital Man
Thomas Piketty is economics’ biggest sensation.
He’s also the field’s fiercest critic.


By Emily Eakin - April 17, 2014

The French economist Thomas Piketty arrived in Washington, D.C., on Sunday for a week of talks at some of the nation’s leading policy-research centers but which might as well have been billed as a victory lap up the East Coast.

The English translation of Piketty’s new book, Capital in the Twenty-first Century, a formidably rigorous, 700-page history of wealth, out barely five weeks, had just made The New York Times’s best-seller list. But even before it appeared, on the strength of a handful of advance reviews and a surge of Internet buzz, Piketty’s transformation was complete: from respected researcher on income distribution to ranking heavyweight, a scholar who, armed with reams of data and charts—and, unusual for an economist, a gilded tongue—proposed to upend decades of mainstream wisdom on inequality though an unprecedented analysis of the past.

The Economist declared that Piketty’s book may "revolutionize the way people think about the economic history of the past two centuries" and started an online reading group to discuss it chapter by chapter.

The British magazine Prospect added Piketty to its annual list of the most influential world thinkers, and his book was said to be making the rounds in the office of Ed Milliband, the British Labour Party leader. Documentary filmmakers were vying for the chance to turn the book into a movie; a composer was seeking Piketty’s blessing to make it an opera.

Now the 42-year-old Frenchman had come, like a wonkish heir to de Tocqueville, to tell Americans how to salvage what he called their "egalitarian pioneer ideal" from a potentially devastating "drift toward oligarchy." His anointment was all the more remarkable in that he intended his book not just as a novel argument about inequality but as a pointed rebuke to his field—in particular its American wing.



On Monday, Piketty’s stops included the White House Council of Economic Advisers, the Government Accountability Office, and the office of the Treasury secretary, Jacob Lew, who summoned him for a private sit-down to discuss his proposal for a progressive tax on wealth.

On Tuesday, he appeared in the company of Nobelists: George Akerlof, who, introducing Piketty to a group at the International Monetary Fund, declared that he had "entered rock stardom—economist-style"; and Robert Solow, who, at the Economic Policy Institute, where a crowd of several hundred had braved a freezing downpour to hear Piketty talk, praised the originality of his argument and the "sheer collection, presentation, and analysis" of his data, predicting that "we’re going to be digesting that for a long time."

Piketty weathered the fuss with a modest smile. He wore a gray suit jacket but no tie, and with his close-cropped dark hair, clean-scrubbed round face, and unassuming demeanor, he suggested less a rock star than a particularly earnest graduate student. Speaking without notes for 45 minutes at a stretch, in rapid-fire English as engaging as his prose, he eagerly laid out his findings. "The top of the wealth distribution has been rising at 6 to 7 percent per year—three times faster than the world economy," he told the audience at the Economic Policy Institute. "Nobody knows where this will stop."



The boldness of Piketty’s thesis is belied by its apparent simplicity: Inequality is intrinsic to capitalism, and, if not forcefully combatted, is likely to increase—to levels that threaten our democracy and fail to sustain economic growth.

[] His thesis runs directly counter to mainstream economic theory, which holds that inequality should eventually decline, a process known as "convergence."

According to Piketty, whose data on income and wealth span three centuries and 20 countries, the forces of convergence (the spread of knowledge and skills, for example) are considerable, but those of divergence have typically had the upper hand.

The crux of his argument is a deceptively simple formula: r > g, where r stands for the average annual rate of return on capital (i.e. profits, dividends, interest, and rents) and g stands for the rate of economic growth. For much of modern history, he contends, the rate of return on capital has hovered between 4 and 5 percent, while the growth rate has been decisively lower, between 1 and 2 percent.

Thus he adduces capitalism’s "principal destabilizing force": Whenever r > g, "capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based."

In other words, in a slow-growing economy, accumulated wealth grows faster than income from labor. So the rich, who already hold most of the wealth, will get richer, while everyone else, who depend mostly on income from their jobs, will be lucky to keep up with inflation.

Countries in which r > g constitute much of the developed world today, including the United States, where the wealthiest 10 percent account for more than 50 percent of the national income, and which, if Piketty’s right, may fast be becoming the world’s worst offender.

Across the West, he writes, the levels of inequality "are increasing at a rate that cannot be sustained in the long run and that ought to worry even the most fervent champions of the self-regulated market."...........


FULL ARTICLE:
http://chronicle.com/article/Capital-Man/146059/

_________________
Minds are like parachutes.
They only function when open.


Last edited by Fintan on Tue Apr 22, 2014 8:46 pm; edited 1 time in total
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Tue Apr 22, 2014 3:32 pm    Post subject: Reply with quote




Anti-Party X-Party Selects Candidates

Posted 1 hour ago on April 22, 2014, 2:38 p.m. EST by OccupyWallSt

Imagine a political party that requires no membership or dues,
that crowd-sources its funding, publishes every expenditure online,
invites all citizens to help amend its platform, loathes the cult of the
candidate, provides a direct vote mechanism for all citizens to hold its
candidates accountable if they break a campaign promise, and whose
first sales pitch was to encourage voters to studiously distrust them?

Neither could we until bumping into the X Party: A Citizen Network,
a new political player on the Spanish electoral scene that is completely
re-drawing what a political party looks like.


They are betting that their novel approach to democracy will not only
re-animate the more than 18 million voters disaffected with the current
Spanish party system, but will also totally reshape how representative
democracy functions.

They announced a few weeks ago their slate of candidates for May’s
European Parliamentary elections, topping the list is the swiss HSBC
leaker and newly converted hacktivist Hervé Falciani whose lack of
Spanish citizenship seems to unfaze the self-branded anti-party.

In proper situationist fashion, Falciani’s exile to Paris under the protection
of French Authorities, for the numerous death threats leveled against him
after leaking the names and account information of more than 130,000 tax
evaders, will guarantee that lesser known candidates sourced through the
network will share the limelight and play a more crucial role during the
campaign.

The nominating process culminated in March, after an open primary
process in which more than 2,500 network interactants participated.
The six nominated candidates represent different areas of expertise
constituting what they call a “federation of competences,” and whose
expertise reflects upon the thematic planks of their crowd-sourced
platform: public transparency, radicalizing democracy, housing rights,
and economic justice.

Included on the list are economist Susana Martín Belmonte, former
taxation delegate Raul Burillo, and housing rights lawyer Juan Moreno
Yagüe. The number two on the list of candidates is M15 activist,
performance artist, political theorist, and X-Party gestator Simona Levi.

Simona graciously talked to us at length about this ambitious
new attempt to hack the existing political system:

Quote:
CLICK TO PLAY INTERVIEW:


X Party, the Political Party of the Future

From here on, everyone has the possibility to improve and vote the laws
that directly affect them, as well as to propose new laws either by Popular
Legislative Initiatives or by binding referendums.

Laws are made online or through permanently available spaces in public
institutions (post offices, town halls, etc.), in plain sight. Everyone can
contribute, without necessarily being a multinational corporation, like
the city of Porto Alegre has been doing since 2003; or in Iceland and
their Wikiconstitution, recently in 2011.

Thus, the political elite, as it was known in the old regime, disappears
and is replaced by elected public employees who compile and implement
the solutions created by the expert knowledge of society in the most
effective way possible.

Here, in the future, we are doing really well. Life is very much worth
living, as it is very pleasant. Work is well-balanced and evenly-distributed
because we eliminated redundant and unnecessary costs like the money
used to support the “pathologically” rich people. We have a home, our
future citizens receive modern and adequate education and they are
healthy.

We got rid of the problems that dragged down past generations’ progress,
we use our skills and interests in a collaborative way, generating
sustainable development, which constantly increases general welfare
in an unstoppable way.

The Future is here and it looks pretty good.

http://occupywallst.org/article/anti-party-party-x-party-selects-candidates/
http://partidox.org/what-is/

_________________
Minds are like parachutes.
They only function when open.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Fri Apr 25, 2014 3:42 pm    Post subject: Reply with quote

Quote:

The latest financial fear-mongering film comes from Casey Research.

It's called "Meltdown America"

They are following in the footsteps of James Rickards, whose 2013 book
"Currency Wars" deals with essentially the same theme: that the US dollar,
undermined by Fed printing and the Gov. budget deficit, totally collapses.

Before you buy all that, check the background to Rickards' book:

Quote:
"In 2008, Rickards, an investment banker with extensive experience in
hedge funds, was invited to participate in a seminar sponsored by the
Department of Defense
, which examined the safety of U.S. sovereign
wealth funds in the case of economic warfare... He argues that a financial
attack against the U.S. could destroy confidence in the dollar. In Ricards's
view, the Fed's policy of quantitative easing by lessening confidence in the
dollar, may lead to chaos in global financial markets. Possible strategies
for dealing with such a situation include a return to the gold standard
...." http://rlu.ru/WyG

So, a military backdrop and an exit from the dollar into gold.

Within the last few days, Rickards is banging his gold-standard drum again:

Quote:
Wednesday, April 23, 2014
The World Will be Forced Back on to a Gold Standard
I don’t think there’s any central bank in the world today that wants a
gold standard, but they may be forced to go to a gold standard to
restore confidence......

Dream on! This topic thread has been arguing that the reason China
and others are accumulating gold is to leverage it for trade settlement
and trade confidence --and not to back a fixed gold-standard currency.

But the Sprott/Rickards/et.al gang flog a simplistic line about the US
military and the collapse of the dollar and the coming gold standard.

Which is pretty much what you get in the Casey Research film:

Quote:

Is there more to this than opportunists pimping war and gold?

Well, here's a choice quote from the clip above:

Quote:
"If the carrot is missing, and the stick is weak,
that empire is going to come down in a hurry."


Wow! So I suppose the implication is that the best way to defend
America would be to have a strong military (stick) and to make
sure that the balanced budget (carrot) is backed by a debt ceiling.

Gosh! That's by sheer coincidence the GOP political platform right there!

What a spooky coincidence.

And frankly, it's the kind of "coincidence" that makes you think the
whole pentagon-dollar-collapse meme is a smokescreen
designed to SCARE you away from even considering that the US Gov
could actually print dollars at will, because it is a sovereign whose debt
is denominated in its own currency.

Y'see, nobody wants the USD to collapse. They can't afford that, since
the US buys the sh*t the world produces. And anyway the USD is still
a vast and powerful global currency. And will remain so. Period.

Suppose the US Gov announced it would print debt-free cash to be
inserted into ordinary citizens bank accounts and used to boost the
social supports for the new poor. And that it would trim this
program as and when inflationary capacity constraints emerged.

Would the world run away from the dollar?

Or towards the dollar to join in the boom?

I suggest the latter. I suggest: "Melt-Up America"

Printing money to hand to bankers (Std. QE) is insider criminality.

Printing money to give to citizens is: using counter-cyclical smarts.

Printing money to give to citizens is: called MMT.

This is MMT, that from which the
doom-mongers wish to divert you:

Quote:



TS: It does seem like MMT is a bit threatening to the economic establishment.
Why do you think [that is?]

LRW: Economists as a whole do tend to be politically conservative.
Probably not as conservative as what people believe when they hear the
likes of Pete Peterson, Robert Lucas, [and] Milton Friedman; those
individuals are really outliers. Most economists are not that far to the
right, but they do tend to be politically conservative and they worry about
a government that is getting too big and too powerful and so they want to
constrain it.

If you say that the federal government actually doesn’t face a financial
constraint; that it faces other constraints, but not a financial constraint,
most economist are worried the population as a whole might exercise
democracy and demand the government provide more. So I think that’s
a big part of the reason.


Then you have to understand most economists don’t do macroeconomic
theory. Most are focused on pretty narrow areas of economic discipline in
microeconomics, applied microeconomics, and just applied economics in
general. So they actually don’t know much about the monetary system,
about the options available to currency issuers.

They of course have had some macroeconomics and it could’ve been
many years ago, but it’s not an area they work in. Finally, the younger
economists out there may not have actually had any real macroeconomic
theory in their courses, because over the past 20 to 30 years what is
taught in Ph.D programs became ever more highly mathematical [and]
esoteric, bearing no relation to the real world. If I tried to explain what
they do, it just sounds impossible. It doesn’t sound like this could be
something that people study in economics courses at the PhD level.

It’s true that they use models that have one individual in them, who has
an infinite lifespan, and whose only goal is to maximize something called
utility through time. That is what they are studying, not in their micro-
courses, they study that in their macro-course economies, with one person
in them with no money, no financial institutions, no government. Those are
the kinds of models that economists over the past 20 to 30 years have
been trained to use
even in macroeconomic courses, so they literally
know nothing about macro-economics
.

FULL ARTICLE:
http://www.economonitor.com/lrwray/2014/04/23/mmt-does-do-policy/

_________________
Minds are like parachutes.
They only function when open.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Fri Apr 25, 2014 6:43 pm    Post subject: Reply with quote

Quote:


Piketty's "riches tax" threatens the Wealthy.

But MMT threatens the Bankers. And it's a systemic reform.

Is this why Piketty is the new left champion?

http://breakfornews.com/forum/viewtopic.php?p=82199#82199

Yeah, a few posts above, I was wondering if Piketty was AOK.

Well, the reviews are in. Or some of them.

This compilation of reviews by Brad DeLong is useful sound check:

Quote:
The Daily Piketty: Some More Reviews of Piketty
By Brad DeLong | April 25, 2014, 4:40 pm

The reviews are rather predictably split along left-right lines. My own
conclusion is that Piketty is playing the fool for the status quo.

His analysis of capital is out of date and his solutions are post-facto.
He would allow the rich grab more and more loot in a rigged market,
clawing some back via taxes - rather than un-rigging the rigged game.

Plus: He's French!!

It's like: the US elite wants a war, so some total jock is sent out to
argue for war - and for balance, the case against war is presented
by an effeminate, gay French guy. Stacked deck or what! No offence,
but guess which way the average Joe Sixpack is gonna be inclined?
Duuh.

So Mr. Piketty seems to me to be a second-rate caricature of an
"alternative economic viewpoint" - wheeled out to be laughed out
of town by the mainstream media.


Steve Keen or Warren Mosler or Michael Hudson, etc...
are the real economic alternative opposition.

Speaking of which, Geoff Davies nails Piketty in a
post on Steve Keen's blog a couple of days ago:

Quote:
More Effective Remedies for Inequality than Piketty’s
http://www.debtdeflation.com/blogs/2014/04/23/more-effective-remedies-for-inequality-than-pikettys/

_________________
Minds are like parachutes.
They only function when open.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Plato



Joined: 09 Dec 2010
Posts: 360

PostPosted: Thu May 01, 2014 3:19 pm    Post subject: Reply with quote

Rather interesting article by, of all people, Martin Wolf of the FT, in which he admits (I found this really amazing) that private banks ought to be stripped of their power to create money out of thin air. You just can't make this stuff up, you just don't know anymore who's who in this charade!

link; http://www.ft.com/intl/cms/s/0/7f000b18-ca44-11e3-bb92-00144feabdc0.html?siteedition=intl#axzz307LB6vKb

Quote:

Martin Wolf

Strip private banks of their power to create money

The giant hole at the heart of our market economies needs to be plugged
Printing counterfeit banknotes is illegal, but creating private money is not. The interdependence between the state and the businesses that can do this is the source of much of the instability of our economies. It could – and should – be terminated.
I explained how this works two weeks ago. Banks create deposits as a byproduct of their lending. In the UK, such deposits make up about 97 per cent of the money supply. Some people object that deposits are not money but only transferable private debts. Yet the public views the banks’ imitation money as electronic cash: a safe source of purchasing power.

Banking is therefore not a normal market activity, because it provides two linked public goods: money and the payments network. On one side of banks’ balance sheets lie risky assets; on the other lie liabilities the public thinks safe. This is why central banks act as lenders of last resort and governments provide deposit insurance and equity injections. It is also why banking is heavily regulated. Yet credit cycles are still hugely destabilising.
What is to be done? A minimum response would leave this industry largely as it is but both tighten regulation and insist that a bigger proportion of the balance sheet be financed with equity or credibly loss-absorbing debt. I discussed this approach last week. Higher capital is the recommendation made by Anat Admati of Stanford and Martin Hellwig of the Max Planck Institute in The Bankers’ New Clothes.
A maximum response would be to give the state a monopoly on money creation. One of the most important such proposals was in the Chicago Plan, advanced in the 1930s by, among others, a great economist, Irving Fisher. Its core was the requirement for 100 per cent reserves against deposits. Fisher argued that this would greatly reduce business cycles, end bank runs and drastically reduce public debt. A 2012 study by International Monetary Fund staff suggests this plan could work well.

Similar ideas have come from Laurence Kotlikoff of Boston University in Jimmy Stewart is Dead, and Andrew Jackson and Ben Dyson in Modernising Money. Here is the outline of the latter system.
First, the state, not banks, would create all transactions money, just as it creates cash today. Customers would own the money in transaction accounts, and would pay the banks a fee for managing them.
Second, banks could offer investment accounts, which would provide loans. But they could only loan money actually invested by customers. They would be stopped from creating such accounts out of thin air and so would become the intermediaries that many wrongly believe they now are. Holdings in such accounts could not be reassigned as a means of payment. Holders of investment accounts would be vulnerable to losses. Regulators might impose equity requirements and other prudential rules against such accounts.

Third, the central bank would create new money as needed to promote non-inflationary growth. Decisions on money creation would, as now, be taken by a committee independent of government.
Finally, the new money would be injected into the economy in four possible ways: to finance government spending, in place of taxes or borrowing; to make direct payments to citizens; to redeem outstanding debts, public or private; or to make new loans through banks or other intermediaries. All such mechanisms could (and should) be made as transparent as one might wish.
The transition to a system in which money creation is separated from financial intermediation would be feasible, albeit complex. But it would bring huge advantages. It would be possible to increase the money supply without encouraging people to borrow to the hilt. It would end “too big to fail” in banking. It would also transfer seignorage – the benefits from creating money – to the public. In 2013, for example, sterling M1 (transactions money) was 80 per cent of gross domestic product. If the central bank decided this could grow at 5 per cent a year, the government could run a fiscal deficit of 4 per cent of GDP without borrowing or taxing. The right might decide to cut taxes, the left to raise spending. The choice would be political, as it should be.
Opponents will argue that the economy would die for lack of credit. I was once sympathetic to that argument. But only about 10 per cent of UK bank lending has financed business investment in sectors other than commercial property. We could find other ways of funding this.
Our financial system is so unstable because the state first allowed it to create almost all the money in the economy and was then forced to insure it when performing that function. This is a giant hole at the heart of our market economies. It could be closed by separating the provision of money, rightly a function of the state, from the provision of finance, a function of the private sector.
This will not happen now. But remember the possibility. When the next crisis comes – and it surely will – we need to be ready.

_________________
"A person hears only what he understands."
Johann Wolfgang von Goethe
Back to top
View user's profile Send private message
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Sun Jun 29, 2014 1:31 pm    Post subject: Reply with quote

Nothing groundbreaking, but simply
two recent MMT articles which make
the case rather simply:

Quote:
Do Taxes Fund Spending? June 20, 2014 by John Kelly
http://theaimn.com/taxes-fund-spending/

The Ridiculous Debt and Deficit Scam June 23, 2014
http://theaimn.com/ridiculous-debt-deficit-scam/

'Cos when it comes to economics
simplicity of explanation is what
we need to take on the bankers.

_________________
Minds are like parachutes.
They only function when open.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Plato



Joined: 09 Dec 2010
Posts: 360

PostPosted: Thu Nov 13, 2014 4:05 am    Post subject: Reply with quote

Personally, I think this guy seems to hit the nail on the head; how the whole East-West conflict has been manufactured, the economic implosion is just around the corner and what to expect next, a one world government, a one world (electronic) currency, and total control for the oligarchy; their wet dream!

The Economic End Game Explained


http://www.alt-market.com/articles/2403-the-economic-end-game-explained

Quote:
Throughout history, in most cases of economic collapse the societies in question believed they were financially invincible just before their disastrous fall. Rarely does anyone see the edge of the cliff or even the bottom of the abyss before it has swallowed a nation whole. This lack of foresight, however, is not entirely the fault of the public. It is, rather, a consequence caused by the manipulation of the fundamental information available to the public by governments and social gatekeepers.

In the years leading up to the Great Depression, numerous mainstream “experts” and politicians were quick to discount the idea of economic collapse, and most people were more than ready to believe them. Equities markets were, of course, the primary tool used to falsely elicit popular optimism. When markets rose, even in spite of other very negative fiscal indicators, the masses were satisfied. In this way, stock markets have become a kind of dopamine switch financial elites can push at any given time to juice the citizenry and distract them from the greater perils of their economic future. During every upswing of stocks, the elites argued that the “corner had been turned,” when in reality the crisis had just begun. Nothing has changed since the crash of 1929. Just look at some of these quotes and decide if the rhetoric sounds familiar today:

John Maynard Keynes in 1927: “We will not have any more crashes in our time.”

H.H. Simmons, president of the New York Stock Exchange, Jan. 12, 1928: “I cannot help but raise a dissenting voice to statements that we are living in a fool’s paradise, and that prosperity in this country must necessarily diminish and recede in the near future.”

Irving Fisher, leading U.S. economist, The New York Times, Sept. 5, 1929: “There may be a recession in stock prices, but not anything in the nature of a crash.” And on 17, 1929: “Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.”

W. McNeel, market analyst, as quoted in the New York Herald Tribune, Oct. 30, 1929: “This is the time to buy stocks. This is the time to recall the words of the late J. P. Morgan… that any man who is bearish on America will go broke. Within a few days there is likely to be a bear panic rather than a bull panic. Many of the low prices as a result of this hysterical selling are not likely to be reached again in many years.”

Harvard Economic Society, Nov. 10, 1929: “… a serious depression seems improbable; [we expect] recovery of business next spring, with further improvement in the fall.”

I hear nearly identical statements from pro-mainstream, pro-dollar skeptics all the time. And all of their assertions rest solely on the illusion of the Dow and the dollar index, not to mention statistics that are sourced from the very government that has much to gain by fooling the public into believing all is well.

In 2009, Paul Krugman, perhaps the worst and most famous economist of our age, lamented on the fact that no one in mainstream finance saw the derivatives and credit crash coming. Yet it is the same kinds of manipulative policies that Krugman champions that caused this collective ignorance in mainstream circles to begin with.

What the past proves, time and time again, is that establishment trained and educated economists are perhaps the most useless of all analysts. They are perpetually wrong. Only independent analysts have ever been able to predict anything of value as far as our economic future — not because they are psychic, but because they have the advantage of standing outside the foggy propaganda of brainwashed financial academia.

It also proves that the appearance of prosperity means nothing if the fundamentals do not support the optimism. That is to say, a bullish stock market, a high dollar index and a low unemployment percentage mean nothing if such stats are generated by false methods and fiat. The fundamentals ALWAYS matter. As we saw during the Great Depression, the markets cannot hide from reality forever.

I relate these points because the future I am about to suggest here might sound outlandish to some, because it is so contrary to the “official” accounting of our current financial world. It is important to remember that the mainstream, the majority, is almost always wrong and that the truth is very rarely accepted broadly until calamity has already fallen.

I outlined the hard facts behind the reality of economic downturn in my article “We Have Just Witnessed The Last Gasp Of The Global Economy.”

The bottom line is that the stock market, the greatest false indicator of all time, is on the verge of implosion; and the banking elites are positioning themselves to avoid blame for this implosion while the rest of us are being sold on the most elaborate recovery con-game ever conceived. But what is the purpose behind this con-game? Lies are generally only told by those who hope to gain something through deception. What do the elites hope to gain by creating a facade of recovery?

They have openly admitted to the public on numerous occasions EXACTLY what they want — namely, the institution of a truly global and centralized economic system revolving around a highly controlled world currency framework and dominated by a select cult of banking oligarchs. Anyone who claims that this is not the goal is either a liar or an uneducated fool.

I have covered the evidence supporting this program many times in the past, but it would seem with the precariously surreal nature of our world today that much needs repeating. In 1988, the financial magazine 'The Economist' published an article titled “Get ready for a world currency by 2018,” in which it outlined the framework for a global currency system called the “Phoenix” (a hypothetical title), administered by the International Monetary Fund by the year 2018, which would erase all national economic sovereignty and require governments to borrow from the world central banking authority, rather than print, in order to finance their infrastructure programs. This would mean total control by the IMF over member nations as they beg and plead for more capital under the global currency umbrella.

ecocover

If this sounds familiar, it is because I have been warning about the IMF takeover of the global monetary system for at least six years. The Economist actually admits that the Phoenix system would start out in the format of the Special Drawing Rights basket currency:

The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power…

The plan is to introduce a basket currency system as an alternative to the dollar as world reserve, then slowly but surely phase out all sovereign currencies until the basket becomes a currency itself - the ONLY currency. Former World Bank Chief Economist Justin Yifu Lin seems to agree with this ideology, arguing that national currencies must be replaced with a supranational currency, and pointing out that no single currency has the strength to stand alone as world reserve:

"I think the dominance of the greenback is the root cause of global financial and economic crises...The solution to this is to replace the national currency with a global currency..."

I would mention that a "Phoenix" rises from the ashes of calamity reborn. What ashes are the elites expecting the new global currency to rise from?

It is important to note that 'The Economist' is not just any random financial publication; it is in large part owned by the Rothschild banking family and is based out of the London financial center, meaning, The Economist does not have to “guess” on the economic developments of the future; it has an inside track on exactly what is planned to occur.

You can see my more recent analysis on the IMF global currency scheme here.

A plan for global governance has also been touted by international elites over the years, the roots of which would supposedly begin around 2015. The Gorbachev Foundation, which boasts many American elites as members, has long predicted the rise of a global government. In 1995, the executive director of the foundation, Jim Garrison, had this to say to the San Francisco Weekly:

"Over the next 20 to 30 years, we are going to end up with world government. … It’s inevitable. It will happen and become just as normal to have a relationship with the rest of the world as we now have, say, if you are a Californian and you go to Vermont."

At the Gorbachev-led State of the World Forum in 1995, Council On Foreign Relations member Zbigniew Brzezinski had this to say:

“We do not have a New World Order. … We cannot leap into world government in one quick step. … In brief, the precondition for eventual globalization — genuine globalization — is progressive regionalization, because thereby we move toward larger, more stable, more cooperative units.”

Regionalization is already occurring as the BRIC nations form their own bilateral trade agreements and their own global bank, and this is by design. The catalyst to trigger the end of the dollar and the dominance of a global currency system, I believe, will be the false East/West paradigm. I have seen an incredible array of analytic interpretations of the macro-economy by multiple mainstream and independent financial writers, but very few of them recognize that the conflict between the West and the eastern BRICS is nothing more than a farce. I have compiled a considerable profile of evidence on the reality that governments like Russia and China are actually complicit in the formation of a global currency and global government controlled by the IMF. You can see that evidence here, here and here.

China in particular has loudly pronounced a need for a global currency system to replace the dollar, and they have suggested that this system be controlled by the IMF:

The world economic crisis shows the "inherent vulnerabilities and systemic risks in the existing international monetary system," Gov. Zhou Xiaochuan said in an essay released Monday by the bank. He recommended creating a currency made up of a basket of global currencies and controlled by the International Monetary Fund and said it would help "to achieve the objective of safeguarding global economic and financial stability."

China is NOT anti-establishment or anti-new world order, nor is Russia. Eastern opposition to the NWO is a lie. Period. In fact, the BRICS have argued only for greater inclusion in the IMF system and have no intention of developing a legitimate alternative to “Western” globalization. If you do not understand that the BRICS are part of the NWO, not opposed to it, then you do not understand a thing.

With the BRICS on board with the plan for global currency, what is likely to happen over the course of the next few years if the schedule for an economic reset is on track for 2018?

As I outlined in my last article, the U.S. in particular has been prepped like a sacrificial lamb, with the populace for the most part oblivious to the extent of the threat. Middle-class wealth is being driven into bonds and will be driven more so by market declines, which will progress over the next few months. This “herding” of capital into bonds is only in preparation for the death of the dollar’s world reserve status, thus erasing what little savings were left among the common citizenry.

The ceremony initiating our nation’s fiscal destruction will likely take place in the near term. To achieve global centralization by 2018, the elites would need a serious crisis soon in order to provide the proper collective panic required to generate public consent for global economic governance in four years’ time.

The first, most important factor to consider is the fake conflict between the IMF and the U.S. Congress over the approval of IMF policy changes agreed upon in 2010. The U.S. has yet to officially sign off on the IMF policy measures that would bring more “inclusiveness” for developing nations like Russia and China, and this has led the IMF to assert that a move forward without the U.S. is necessary. IMF head Christine Lagarde is now demanding that Congress pass the reforms of 2010; but with the election of a predominantly Republican government, those reforms have little or no chance of being approved.

Lagarde recently joked that she would be willing to "belly dance" to get IMF reforms passed (I would pass them just to avoid the gut churning image of that belly dance), but the joke will ultimately be on the U.S. as IMF heads suggest that if the current Congress does not pass reforms by the end of this year, they will be forced to apply a "Plan B". The details of this Plan B are not public.

It is now highly likely that the IMF will set policy WITHOUT the input of the U.S., as they have warned they would, crippling the assumptions by many that the IMF is somehow a “U.S.-owned institution.” It is actually the reverse; the IMF is setting the stage for ownership of the U.S. monetary structure, along with the Bank Of International Settlements, which appears to be the capstone of the NWO system.

The next IMF meeting on SDR inclusion is not set, but will probably take place in early 2015. It is expected that China and the Yuan will be officially added to the SDR basket. Gold should also be watched carefully. There is a reason why the BRICS have been accumulating thousands of tons of the precious metal. The IMF introduction of gold into the SDR basket is inevitable, and a new Bretton Woods style-agreement has already been called for by a number of elites.

The IMF has been openly discussing the ascension of the SDR to replace the dollar as the world reserve currency since at least 2011.

With developing nations already asking for help from the IMF due to volatility caused by the Fed taper and the BRICS well into their own programs to remove the dollar as the world reserve, the only question left is: How will the banks be able to accomplish the currency reset without taking blame for the resulting catastrophe that will no doubt bury the majority of middle-class and poor?

There is no way around it. The elites need a geopolitical disaster so overwhelming that all economic changes taking place in the background go completely unnoticed. They also need to set themselves up as the prognosticators and rescuing heroes in the midst of the coming chaos, as outlined in my last article.

I do not know what that disaster will specifically look like, because there are too many possibilities to consider. Think about this honestly, 10 years ago, would you or your friends and family have ever thought that the U.S. would be at war in Syria with a terrorist organization we created ourselves out of thin air? That we would be immersed in renewed tensions and the possibility of economic warfare with Russia? That our presidency would have attempted and failed the initiation of socialized healthcare? That our military would be tapped as a possible response force for domestic unrest? That an outbreak of Ebola would be suggested as a trigger for medical martial law?

How many conspiracies have been exposed in just the past few years? How many government crimes have hit the headlines and then disappeared? Benghazi, Fast and Furious, IRS targeting of activists, government-aided illegal immigration, etc. — a nonstop parade of corruption that few would have thought possible a decade ago. We are being boiled slowly, economically as well as politically. We are being conditioned to accept imminent crisis as a way of daily life, to become used to it and to blame these crises on hundreds of various scapegoats, but never the international banks.

And while the Titanic sinks, the band plays on, as mainstream pundits and dupes accuse independent analysts of “crying wolf.” The economic endgame is not about collapse alone. Collapse is nothing more than a process that ends abruptly only when public faith is finally lost. The endgame is about acceptance — the acceptance by the masses of a “new normal” in which financial and political terror become the foundation of daily life. The endgame is, first and foremost, about the psyche of mankind and its mutation into something unrecognizable. This kind of pervasive conditioning requires immeasurable fear. Our economic philosophy of sovereign trade and identity cannot be erased without it. The elites have already given us their timeline. The crash of 2008 was only the beginning of the program, and 2014-2015 looks to be the next stage. I have written hundreds of articles on how to prepare and diffuse the dangers of the impending reset, but the most important issue of all is that people understand the threat is at their doorstep. It’s not a few years off or a decade away; it’s here now. We are right in the middle of collapse, even if many cannot see it. Watch global developments carefully, as market volatility increases and international conflicts escalate. Time is up.

_________________
"A person hears only what he understands."
Johann Wolfgang von Goethe
Back to top
View user's profile Send private message
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Thu Nov 13, 2014 4:47 am    Post subject: Reply with quote

With respect, it the same 'ol "CATASTROPHE COMING!!" bullshit.

Back in 2008 I said there would be no economic implosion.
The same catastrophists said there would. There wasn't. Won't be.

Quote:
It is now highly likely that the IMF will set policy WITHOUT the input of
the U.S., as they have warned they would, crippling the assumptions by
many that the IMF is somehow a “U.S.-owned institution.”

IMF not a US-controlled institution?!? ROTFLMAO.

Actually to be precise, the IMF is an NWO controlled institution,
ever since Strauss Kahn was ousted by an NWO "maid" sting.

Quote:
The IMF has been openly discussing the ascension of the SDR to replace the dollar
as the world reserve currency since at least 2011.

True. But omitting to mention that other than the NWO propaganda
apparatus, nobody is interested in that particular poisoned chalice.

Truth is:
The NWO has been stalling IMF reforms.

The BRICS have lost patience and now could give a sh*t about the IMF.

Lie is:
The BRICS are NWO tools salivating over the expected death of the dollar.

Truth is:
The dollar is not going to die and only fools believe this fantasy.
The dollar is losing its international reserve status, it's free ride.
Bummer for the dollar but not a catastrophe. Not a precursor to
huge US inflation, collapse, armed rebellion, endtimes fema camps. Laughing

Quote:
"...the IMF is setting the stage for ownership
of the U.S. monetary structure...."


Thus speaks the voice of the NWO via fake patriots.

Always portraying the NWO/IMF as an OUTSIDE force
trying to take over the USA. Aren't they. Think about that.

Think about that for more than 2 seconds.

[PAUSE..................
.............................]

In this arse-about-face propaganda, the NWO are portrayed
as an EXTERNAL force of 'communistic' hordes hostile to the US.

In this arse-about-face propaganda, the GOP / PATRIOTS are portrayed
as the resistance to EXTERNAL 'communistic' NWO hordes hostile to the US.

REALITY: The NWO is INTERNAL to the US.

Now. Already. And Always.

_________________
Minds are like parachutes.
They only function when open.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Plato



Joined: 09 Dec 2010
Posts: 360

PostPosted: Thu Nov 13, 2014 10:37 am    Post subject: Reply with quote

Fintan wrote:


Always portraying the NWO/IMF as an OUTSIDE force
trying to take over the USA. Aren't they. Think about that.

Think about that for more than 2 seconds.

[PAUSE..................
.............................]

In this arse-about-face propaganda, the NWO are portrayed
as an EXTERNAL force of 'communistic' hordes hostile to the US.

In this arse-about-face propaganda, the GOP / PATRIOTS are portrayed
as the resistance to EXTERNAL 'communistic' NWO hordes hostile to the US.

REALITY: The NWO is INTERNAL to the US.

Now. Already. And Always.


Well, let's see what this old fart David "should have been dead if he were human" Rockefeller had to say on this matter in his memoirs in 1991, straight from the horse's arse, uh, mouth;

"We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications, whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the bright lights of publicity during those years. But, the work is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries."

Does this sound like somebody that is concerned with the preservation of the US, or any other nation?

And yes, everything is preceding according to their plans, as this psychopathic scum does not care about nations, peoples, or anything else for that matter besides their own self interest.
Is Obama doing a brilliant job demolishing of what was left of the once proud and great nation of the US of A or what; he should be getting top marks on this account, as his presidency is virtually indistinguishable from his predecessor Bush, except for the disastrous Obamacare. The US have to be taken out as a country if this scum is to achieve their ultimate wet dream, a one world government under their leadership. These pscychos are so full of themselves that they actually think that they have the "divine" right to rule us all, as we are merely "useless eaters", to be disposed of as they see fit. So you see, it doesn't have any thing to do with nations or whatever else, because as the great Bucky Fuller knew already;
"Great nations are simply the operating fronts of behind-the-scenes, vastly ambitious individuals who had become so effectively powerful because of their ability to remain invisible while operating behind the national scenery."

_________________
"A person hears only what he understands."
Johann Wolfgang von Goethe
Back to top
View user's profile Send private message
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Thu Nov 13, 2014 9:31 pm    Post subject: Reply with quote

Quote:
Plato: let's see what this old fart David "should have been dead if he were
human" Rockefeller had to say on this matter in his memoirs in 1991....

I'm not denying that NWO elite bankers have wet dreams.
Heck GHW Bush even announced the bankers NWO project!

So the question is not whether the NWO had big plans.
We both agree thay did indeed have very big plans.

Question is: how did that all work out?

Explain in your own mind how this is the NWO winning:

Quote:
GOAL: IMPOSE IMPERIALIST WTO INTERNATIONAL TRADE SYSTEM
Result = Epic Fail

GOAL: INVADE AND PACIFY AFGHANISTAN
Result = Epic Fail

GOAL: INVADE AND PACIFY IRAQ
Result = Epic Fail

GOAL: IMPOSE GLOBAL CARBON TAXES
Result = Epic Fail

GOAL: IMPOSE MONSANTO'S GLOBAL GMO & COPYRIGHT SEEDS
Result = Epic Fail In Progress

GOAL: STRONG NWO ECONOMIES
Result = Epic 2008 Economic Collapse Fail


Not only all those epic fails, but the very globalization process itself
is now reversing as a defensive response to the NWO's economic
and military warfare. And the Nation State is on the way back too.

So at what point do these realities --which I've been detailing since 2008
begin to dent the wall of NWO propaganda which you've been sold
and which -bizarrely- claims the NWO is actually winning?!

Ever wonder if the man behind the curtain (when
he is losing) might covertly try to convince you
..that the man behind the curtain is: all-powerful?

_________________
Minds are like parachutes.
They only function when open.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Plato



Joined: 09 Dec 2010
Posts: 360

PostPosted: Fri Nov 14, 2014 12:11 pm    Post subject: Reply with quote

It took some time to write this post as I actually try to back up my claims...

Fintan wrote:
Quote:
Plato: let's see what this old fart David "should have been dead if he were
human" Rockefeller had to say on this matter in his memoirs in 1991....

"I'm not denying that NWO elite bankers have wet dreams.
Heck GHW Bush even announced the bankers NWO project!

So the question is not whether the NWO had big plans.
We both agree thay did indeed have very big plans.

Question is: how did that all work out?

Explain in your own mind how this is the NWO winning:"

Quote:
"GOAL: IMPOSE IMPERIALIST WTO INTERNATIONAL TRADE SYSTEM
Result = Epic Fail"

Is it? This scum is so nefarious and slick, that they always have another card up their sleeve in case one treaty gets too much opposition. Ever heard of TIPP, the TransatlanticTrade and Investment Partnership, or the ISDS, the Investment State Investment dispute. Right now, both treaties are still being negotiated sectretly behind closed doors, so that Congress and national parliament members in Europe hardly have any chance to look into them, but rather just to merely ratify them. If passed, these treaties give almost unlimited power to corporations, that can sue governments over ANY impediment to their respective businesses, like GMO's, shale gas etc. etc.

http://stopttip.net/investor-state-dispute-settlement-isds/

Has the NWO been defeated on this account? Absolutely not!


"GOAL: INVADE AND PACIFY AFGHANISTAN"
Result = Epic Fail

Invade Afghanistan; check! Pacify Afghanistan; was that even an objective? If it was it was merely hogwash propaganda to conceal the true goals of the NWO; poppies and raw materials. You see, once the Taliban got in power towards the end of the 20th century, they had this crazy idea to eradicate
poppy production, the raw material for heroin, as it was against their religion. Now don't fuck with our poppies, because we need/want that drug money to finance all our little adventures and the rest of it. Result; Afghanistan's population is severely hooked on the stuff, and the streets of America have been inundated with heroin over the past decade. Mega, MEGA profits for the parasites involved in this business.
Just like the Vietnam war, only better...

http://www.thenational.ae/world/central-asia/opium-poppy-production-in-afghanistan-at-record-high-un

http://time.com/4505/heroin-gains-popularity-as-cheap-doses-flood-the-u-s/

In the meantime banks have are having a ball laundering all that drug money and pay fines that are peanuts compared to the proceeds of this business, whereas a mere mortal can be put behind bars for many years
for mere possession.

http://www.globalresearch.ca/money-laundering-and-the-drug-trade-the-role-of-the-banks/5334205

"GOAL: INVADE AND PACIFY IRAQ"
Result = Epic Fail

Well, epic fail, that all depends on whose view point you're taking. Ask private "security firms" like Blackwater and the like if they think the invasion of Iraq was/is an epic failure. They're laughing all the way to the bank. Oh, by the way, it was really thoughtful of uncle Saddam to store all that gold in Iraq's Central bank; this way we were able to rig the gold price some more and stuff our pockets. Plus all the other goodies and priceless artifacts that have disappeared from Iraq's museums. It was probably never in the interest of the NWO to stabilize Iraq, because this way we can pretend to bomb the shit out of the CIA-created ISIS, while in reality they're taking on Syria's troops. That fucker Assad wanted to do a pipeline deal with Iran over gas, going over Iraqi territory, now they have a reason to bomb that into the stone age as well. Plus the added benefits of being able to start WW3 any moment with the whole of the Middle East in upheaval.
Epic failure, LOL, epic SUCCES!


"GOAL: IMPOSE GLOBAL CARBON TAXES"
Result = Epic Fail

Well, may be not there yet, but most people still buy the whole climate warming thing hook, line and sinker despite Al Gore's involvement; on this account still an epic succes! And, who says that they will not have another go at it?

"GOAL: IMPOSE MONSANTO'S GLOBAL GMO & COPYRIGHT SEEDS
Result = Epic Fail In Progress"

See comment under trade remarks; obviously, this applies to mondiablo as well.

"GOAL: STRONG NWO ECONOMIES"

Economic collapse is exactly what they had in mind for the western economies, do you really think they do not know debt levels have become unsustainable. If everybody is fat and happy, you don't get many supporters for a one world gov't, but impoverish enough people and they'll swallow anything, even their own serfdom. All according to the good old formula; problem -> reaction -> solution.

Economic depression In Southern Europe; check!
Euro and banks being rescued not matter what the consequences are for the public, tax payers, savers etc. check!
More people on food stamps, welfare etc. in America than ever; check!
Japan going down the tubes in an unprecedented monetary expansion experiment; check!
World in general drowning in debt; check!
Do you think these people do not know what they are doing?



"Result = Epic 2008 Economic Collapse Fail"
Yes, of course, that was the purpose of this whole exercise all along!






"Not only all those epic fails, but the very globalization process itself is now reversing as a defensive response to the NWO's economic and military warfare. And the Nation State is on the way back too."

Do I need to remind you of the G-20 meeting taking place in Brisbane tomorrow and the day after tomorrow. Yes, they will ALL be there; China, Russia, the US, India, Germany, Brazil etc despite all the war mongering talk, sanctions, Russia in isolation non sense etc. First it was the G-7, then the G-8, now its the G-20; heading toward a one world government. Guess who else is there? The IMF, FSB (Financial Stability Board; front for the BIS), the OECD, the UN, the World Bank and last but not least...the WTO!
Wow, right in front of our very eyes they're putting up this show, supposedly being at odds with each other; right out of an Orwell story line!


"So at what point do these realities --which I've been detailing since 2008
begin to dent the wall of NWO propaganda which you've been sold
and which -bizarrely- claims the NWO is actually winning?!"

Police state; Patriot Act 1 & 2, NDAA, NSA, CIA, FBI, militarized police, civil liberties out of the window, constitution bathroom tissue; check!
Ever more surveillance; check!
Major media in the hands of a few corporations leaving most people absolutely clueless; check!
Most people in the west on on drug or another (whether legal or illegal); check!
People eating shit, drinking shit, breathing shit, blowing shit etc.; check!
Banks, pharmaceutical and energy companies making record profits and all protected by the government, supervisory agencies etc.; check!
Do I really need to go on?


"Ever wonder if the man behind the curtain (when
he is losing) might covertly try to convince you
..that the man behind the curtain is: all-powerful?"


Are these people losing control? Well, at first glance, I would say no. But they made two BIG mistakes; the Internet and their underestimation of the rising human awareness that something is terribly wrong here. Will we overcome the odds and defy this scum? Absolutely, this discussion, and countless others are proof of it.

But there is one mistake we should not make; underestimate their sheer lust for power and how far they will go to retain it. These psychos are ruthless, and as long as we allow them to have any power at all, they will abuse it.

Until we strip them of their power and bring them to true justice nothing will change, so this is not a time to lean back and watch events unfold...




_________________
"A person hears only what he understands."
Johann Wolfgang von Goethe
Back to top
View user's profile Send private message
Fintan
Site Admin


Joined: 18 Jan 2006
Posts: 7770

PostPosted: Fri Nov 14, 2014 6:29 pm    Post subject: Reply with quote

Quote:
Ever heard of TIPP, the TransatlanticTrade and Investment Partnership, or the ISDS

Ever hear that opposition is making the prospects
not so good for either the US-EU or Asian treaties?

Quote:
"Pacify Afghanistan; was that even an objective?"

Of course not.
And Hillary was just kidding about her "New Silk Road".
They like losing. Sure.

Conquering Afghanistan was supposed to insert NWO power into
territory between Russia and China - and stunt Eurasian development.

Reality: The NWO's most massive geopolitical defeat.


Quote:
"Iraq: LOL, epic SUCCES! "

Really?
Think most Americans agree?
Think their resultant war-fatigue helps or hinders the Military Industrial complex?

Quote:
2008 Economic Collapse: "Yes, of course, that was the purpose of this whole exercise all along!"

So Neoliberal economics now globally discredited is a success?
And the economies of entire G7 block in stagnant depression is a success?
Think this helps or hinders the NWO's neoliberal politicians?


Quote:
CARBON TAXES: "who says that they will not have another go at it?"

But, I thought according to the propaganda you buy that the NWO run everything?!?

So why didn't those carbon taxes get entrenched worldwide, already?

And if the NWO run everything - why not global GMO foods already?

In fact, if the NWO run everything - why NO global government today?

After all, the 2008 Economic Collapse would have been the perfect pretext?

Quote:
"so this is not a time to lean back and watch events unfold... "


Who said it was? Not me.

I think we go all out to ditch the a**holes - since they're on the back foot.

You're making knee-jerk assumptions. All around.

I'm just tryin' the challenge 'em.

_________________
Minds are like parachutes.
They only function when open.
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    The Next Level Forum Index -> General Discussion All times are GMT - 5 Hours
Goto page Previous  1, 2, 3 ... 11, 12, 13, 14  Next
Page 12 of 14

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group

Theme xand created by spleen.