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Saturday, January 19, 2013

The Truth Doesn't Require a Majority View- The Sunday Collage

Today, there will be the usual meandering field trip and then I shall return you like a good bus driver- back to the starting point.

Several years ago, I started this blog primarily because I love to write. The subject matter came via avalanche in the fall of 2008 as Hank Paulson acting in concert with the rest of our government, stole the U.S. Treasury out from underneath us. I watched in real time thinking all the while, that I must be dreaming. Most of the country sat idly by. I was in awe. All I had to do was come up with a name for the blog. Something that would describe a rogue government that did whatever it wanted to do over the objections of it's citizens. At that time, I thought that it was important to help other people understand just how bad our government had become. I thought there would be strength in numbers and that people might care. All we needed was some sort of rallying point- some way to get on the same page. What I found instead was that people are often apathetic, judgmental, and driven by their own beliefs whether or not those beliefs have any actual basis in fact. People weren't about to accept the fact that some Treasury official just committed the greatest grand theft of all time with the help of Congress and two Presidents. Were they going to believe those folks with their lengthy  credentials- or some retired and anonymous guy, writing on the internet? It makes me laugh to think about it, then and now.

My friends and readers often ask...or state in some way the following things...

Why does it matter? Why do you write about crooked governments, rigged markets, lies and obstructions? Your writing is negative and mean spirited. You aren't going to make any progress- so why bother?

How often have I heard that? A lot. Twice last week as a matter of fact.

The interesting thing is that people don't ask me what I write about as though they actually care about the content of the blog. What they are really doing very often- is making a statement about their own beliefs...and that's ok. I'd like to think that communication still works.

People often criticize my writing while pretending that they are optimists who have a firm hold on some higher, wiser ground. They don't write about the things I write about because somehow- they realized long ago that this was all futile. They have overcome those obstacles that the rest of us are still pushing uphill. I get that a lot. I bet a lot of other bloggers do too.

I have been blessed. I have dissected that rationale because I have heard it before. It is easier for people to believe that our government is benevolent and in turn, people ignore all of the bad things that our government does. Somehow all of that "unknowing" gets them off the responsibility hook. They are not forced to feel shame or a duty to act. Thus they cannot be blamed for those bombs getting dropped on Pakistani children or those American citizens left to die at Benghazi. So people close the dialogue box. They don't want to know the truth because knowing may cause outrage or shame. Perhaps some embarrassing scandal. It becomes easier and easier to ignore the immoral conduct of your country. Getting involved causes conflict. You are forced to take a stand. You might even be wrong or suffer ridicule. It is all risk, no reward. So we behave like cowards. That is easier. 

I understand that. 

In fact, I offer up as proof your honor, exhibit A- a comment I clipped from ZeroHedge yesterday. Try to poke holes in this. I dare you.

Sat, 01/19/2013 - 11:28 | 3168805new RaymondKHessel
RaymondKHessel's picture
Twenty-one of 22 incumbent senators were re-elected, and 353 of 373 incumbent members of the House were re-elected. The American people have re-elected 94 percent of the incumbents who were running for re-election to an institution that has an approval rating of about 9 percent. This indicates, as an electorate, we are a nation of idiots. We're now stuck with the useless, dysfunctional government that we deserve.

Raymond Hessel is right. Ray has captured in 5 sentences an inescapable truth, a truth which I simply cannot dismiss. We are a nation of idiots, clearly we are. We deserve this. So who are those idiots? Doctors, lawyers, engineers, teachers, students, and every status quo citizen from every walk of life. My friendly critics and detractors. There were only 1 million votes from the libertarians. We were less than 1% of the vote.

So the majority of Americans are caught in this two party trap and clearly they don't care. The critics of my blog and others, don't seem to care either. As I scroll my memory banks, the critics are those people who keep voting for the same old parties hoping for a different result. Often, they are simply angry that they keep getting conned. They cling to those old, tired, worn out, and broken beliefs. The way things used to be before the world went and changed again.

So who exactly is it- that is supposed to care? If not you, who?

Raymond Hessel has captured the truth. It is inescapable. The dis-approval rate for Congress is 91% yet  we voted for 94% of the people that we allegedly disapprove of. That truth is inescapable. It is staring at us. We are a nation of idiots. A great majority of idiots. We re-elect people that if any one of us were in charge of them, we'd terminate their employment.

For everything you know in life, there was a time when you did not know it. 

In 2007, I received a number of emotional gifts. One of those gifts, the operative one here, is the gift of consciousness and the realization that human ego is the greatest barrier to all human and emotional interaction and positive evolution. In fact, without eliminating our existing ego and attaining a new level of conscious thought, our society will not survive. It can't. We will die an apathetic and deserving death. It has already begun.

Please bear with me. 

Arthur Schopenhauer was a philosopher genius and a crazy looking dude. Among his observations was that truth passes through three stages. First it is ridiculed, then violently opposed, and ultimately accepted as self evident. 

But that isn't my favorite quote of Arthur's. He also said this, "Compassion is the basis for all morality." In fact, the more compassion society has for one another, the better off it is. As a society, are we gaining compassion or losing compassion? I think that answer is also self evident.

Some people would say that those are my... "opinions."

Now I'd like to get back to Raymond Hessel's ZeroHedge comment. I think Hessel's comment easily passes through both stages of Schopenhauer's truth and lands squarely on "self evident."

So all that's left for us is just simple acceptance. I have to accept the fact that our society is entitled to re-elect as many morons as they would like and that they can continue to do this for just as long as they would like to. Being duped and wrong apparently sits well enough with those folks. Heaven forbid we actually try something new- something that might actually work. Instead the bitter clingers cling.

The apathy of people is also self evident. And while apathy is not necessarily my truth- I have to get ok with the herd's overwhelming numbers or they will trample me to death. The oppression of the majority. It's not that they are right- it's just that their numbers are far greater. Fighting the good fight never matters- if the herd tramples and kills you. Sometimes, you must live to fight another day.

If I never wrote another thing for this blog- this piece would be a good place to leave it. The bus is just a moment away from it's departure point.

I want to leave you with one last insight. Arthur Schopenhauer's book, "The World As Will and Representation" is not exactly a title that actually begs you...or whispers to you..."come read me." In fact, I have not read it. In defining "will" as Schopenhauer uses it, is our incessant human wanting- our desire for more- which causes most if not all of our suffering. Odd that some 150 years later, Eckhardt Tolle would make the very same observation in a "New Earth." A book that I have read, 3 or 4 times for comprehension's sake.

These guys might be on to something. For them, the truth might be self evident. Even if nobody else agrees. I mean after all, when did the truth require a majority opinion to be self evident?

Schopenhauer used the word "will" as a human's most familiar designation for the concept that can also be signified by other words such as "desire," "striving," "wanting," "effort," and "urging." Schopenhauer's philosophy holds that all nature, including man, is the expression of an insatiable will to life. It is through the will that mankind finds all their suffering. Desire for more is what causes this suffering. 

Desire less.

Friday, January 18, 2013

Is There a Bona Fide Silver Shortage?

Are we seeing signs of a real silver shortage? This is a topic I just can't duck, so to speak.

Earlier this week, I noted that the US Mint had run out of 2013 Silver Eagles. Since we have hardly even begun 2013, I thought that was rather interesting. Maybe even alarming.

Silver Eagle sales have already surpassed 5 million this month. We will easily eclipse Jan. 2012 sales of 6 million if and when the US Mint resumes sales later this month.

There are rumors circulating that Apple has delayed the launch of one of it's computers for three months. That type of delay is unheard of at Apple. One man, a supplier/subcontractor, is claiming that the delay has been caused by a silver shortage. Apparently silver is used for making the screens in Apple computers.

I can't find any way to verify this. I tend to think that it's true simply because Apple, or any other corporation needing a given commodity at best price, would certainly not shout from the rooftops that it needs silver desperately and thus... drive up the price of silver. China is where Apple produces their product. China refuses to disclose mining production and gold/silver supplies. China hordes precious metals- it does not export them.

So not finding any real, published reason for this delay- tends to make sense and validate it.

There has been huge activity in the Comex vaults. I tend to discount paper trading almost entirely because I think there are other methods of actually securing real silver. Buying on the Comex would be my very last choice. Most folks would buy directly from the people mining silver. The enormous activity in silver is hard to ignore. Here is the Thursday link from Harvey Organ's blog where millions of ounces of silver are being moved about on a rather consistent basis. This has been a daily occurrence for a few weeks now.

The great trust buyer, Eric Sprott says silver demand is huge. Here's a great read from last month.

This past week, I had been watching the silver market daily waiting for some sort of pullback in the price of silver. There wasn't any. With the price at 32, we are only nominally off the lows of last year. As I gaze at charts, including the great CFTC silver takedown of 1 May of 2011, I can't help but think that silver has to go higher. At least to the 38 level and rather quickly. That would be a 20% gain and I think we will easily make that by Jun 1.

The problem with any kind of silver shortage is that it is easily obscured by paper markets. You truly can't tell any more. So here's the deal. If it has a bill (Silver Eagle sales) feathers (Apple delay) webbed feet (enormous activity in silver vaults) and price is rising (quacking) then it's probably a duck.

Thursday, January 17, 2013

Can the US Treasury Sell Our Gold Without Congressional Approval?

Yes. In fact, they don't need anyone's approval to dispose of our gold. If in fact we still have any. In fact, I don't know that they even have to report the sale anywhere.

For the goldbugs. I had read this piece many years ago, and I could not find it. Tonight I saw that Dave in Denver had linked it.

This might be the most enlightening piece you will ever read about U.S. gold especially in light of the fact that the U.S. is not returning the Bundesbank's gold back immediately. Very. Good. Stuff. -

The Boeing Engineer Strike: Heard of It?*Updated

No, of course you haven't. *The latest.

All I've been reading this week is "Boeing Dreamliner" bad news.

The reason you haven't heard anything about the Boeing strike is simple. The crony capitalists at Boeing, along with our "everything is wonderful" government regime and state owned media- don't want you to hear about it. Why not?

Because Boeing has huge problems with the grounded Dreamliners at the same time it has labor problems. Boeing has big time ties with this administration. Boeing is the face of American success- real or imagined.

The engineers at Boeing have already lost a couple hundred bucks worth of salary each month due to tax hikes. Now Boeing wants to cut their salary. Engineers have had enough. I am attaching the only weak ass story I could find.

I have direct ties to this story. So now I am hearing that Boeing is asking for talks to be tabled for 4 years and in lieu of any raise- Boeing is offering to pay medical insurance for employees instead and hoping not to tarnish their image too badly in light of the Dreamliner's problems.

Who is going to place an order now for that grounded plane? How long will new Boeing flagship be on the ground. It's anyone's guess. So there's that and a dearth of information about the strike. Boeing clearly doesn't want a double whammy. It might affect their stock price.

Unfortunately, nobody from the engineers union has spoken publicly nor can I find the published demands of the union. It's not like our media cares- their job is clearly to suppress the inconvenient stories until such time as the competition begins noting them.

So here is the union website if you are interested. I am going to sift through it when I get a chance but the rest of this day is spoken for.

Wednesday, January 16, 2013

Theft By Conversion- How the USA Routinely Ignores the Law

Am I the only citizen scratching my head over the obvious? How can our government continually break the law with impunity? At what point is someone with some courage going to try and enforce the law? Have we become a nation of thieves and cowards?

This story is about German gold- gold allegedly held in New York.

Please allow me to elaborate on the facts as contained here- in my own special law enforcement way.

Germany is going to keep 37% of it's gold in the US and 13% of it's gold in London. All French held gold is coming home. The other half of their total gold hoard is coming home to German soil.

So the math is pretty easy. Germany wants a measly 275-300 tons of their gold back and it's going to take 7 YEARS?

German gold is supposed to be stored, unencumbered and free, for German trade. Like a safety deposit box. A box that you have every right to open and inspect- to ensure that your property is supposed to be where you left it. Period. End of story.

This is the part that nobody is talking about. Germany is supposed to have over 1500 tons of gold stored under the Bank of New York.

Geezus! What if they had asked for the whole 1500 tons? Would that have taken 35 years?

So let me ask the question again. Why is it taking 7 years to deliver less than 300 tons of gold, a mere fraction of what we are supposed to be holding (1500 tons) of free and unencumbered German gold?

Why is the United States Federal Reserve not only refusing to return German gold- but also denying the Bundesbank the right to simply inspect their holdings? Why indeed?

So has the Federal Reserve, in fact, told the Germans that we are not going to allow you to see your own property?

Is there anyone besides me that finds that utterly outrageous?

This is the same government that has refused all requests to inspect gold holdings- gold allegedly still held in Fort Knox. Owned by the citizens. I have standing here.

I want you to picture this scenario. You have stored 100 ounces of gold in a bank's safety deposit box that you have not seen for 40 years. You suddenly show up at your bank's vault and ask to open your safety deposit box and make sure your gold is still contained therein and the bank refuses. In fact, they say it's a matter of security- yet YOU ARE THE OWNER. How can you deny the owner the access to his legally stored property? The only security risk is that the bank has stolen your property.

Has the United States devolved into some tinpot dictatorship?

How can a bank refuse to allow you access to your own property? Answer- they can't.

The law that governs the hijacking of property entrusted to another party is called theft by conversion. It is a crime, a felony. Every state, including New York state, has a theft by conversion statute. So essentially this becomes pretty easy if you are Germany. 

You simply demand the return of your property. If it is not returned, you have the right to file criminal charges against those people refusing to return your property. This is not rocket science. You file charges in the appropriate jurisdiction- in this case the New York Attorney General. I am in a constant state of amazement at the criminal acts that go unrecognized and  un prosecuted by the United States  Federal Government as well as in this case, the State of New York.

It's high time somebody charged and locked up a few of these criminals. I desperately mean that. And you have to do that knowing full well that the suspects, or criminals, are the people running this arm of the government, bankers. The people refusing to allow Germany access to their own property.

There are a few other very significant and mitigating issues which we cannot explore here. Re-hypothecation, lending gold, and gold swaps. This is probably why Germany is keeping gold in New York. Gold swaps are the sneaky method by which one central bank sells gold for another central bank. That way countries and central bankers can keep their actual gold sales and the sellers- anonymous. Some of this is a total mystery. So...

Barring that...

We used to be a nation of laws governed by honest people. I have no idea what the hell we have become or devolved into. This is a sad time in the history of this nation. Until we get serious about enforcing the laws of this land across all economic strata- we are no better than thugs or bullies. Unwilling to prosecute anyone except the defenseless. Forever ignoring the law.

Tuesday, January 15, 2013

Gold: Who Wants To Bet On the U.S. Government?

Germany knows what de Gaulle knew. Who wants to bet on government?

Last night, I saw my first article on Germany repatriating their gold from France and the United States at TF Metals' website. Today it was all over the internet. Gosh, it might be true.


Value of reserves: $174.7 billion
Holdings total: 3,743.7 tons

The Deutsche Bundesbank, Germany's central bank, has 3,743.7 tons of gold reserves, which are valued at about $174.7 billion. According to the World Gold Council, Germany’s gold coffers account for 73.7 percent of total foreign reserves.

Remember that old saying? Possession is 9/10ths of the law? Well, apparently Germany remembers that old cliche'.

The Bundesbank wants it's gold back. As it turns out, the first guy to panic is often the one who panics best. Germany is the world's second largest owner of gold at nearly 4000 tons. The USA is allegedly the largest holder at 9000 tons of gold- although and unfortunately- nobody has seen it for 40 years.

It is a secret. You want to hear something oddly interesting? The United States government is under no obligation to report sales of our gold. The United States Treasury has complete dominion over US gold and if in fact they have sold or disposed of bullion- it is highly unlikely that anybody would know. I have researched this at great length and I have often wondered where the gold to mint US Gold Eagles comes from. I have always assumed that it was freshly mined gold from gold mining operations. The truth is, I simply don't know. I want to include this snip from wikipedia. The US used to own nearly five times the amount of gold that we own now.

Gold holdings peaked during World War II at 20,205 metric tons (649.6 million oz. troy). Today, holdings are 4,578 metric tons (147.2 million oz. troy) in 368,000 standard, 400 oz. troy (12.4 kg or 27.4 lb avoirdupois) gold bars. At the June 17, 2012 rate of $1,618.82 an ounce [6] it is worth $238.290 billion, while the World War II total of 649.6 million oz. troy would be worth $1.051 trillion. The depository also holds monetary gold coins. The 1933 Double Eagle was also a temporary resident after transfer from 7 World Trade Center in July 2001, until its sale in July 2002 for $7.59 million. Sometime in 2004, 10 additional allegedly stolen 1933 Double Eagles were transported to Fort Knox for safekeeping.

So clearly our government can dispose of gold- whenever they want to. You get the feeling that the post WWII 102% debt to GDP ratio may have been reduced via gold sales. Today's debt eclipses any potential gold sales.

Yesterday, I posted a link next to this blog that allowed readers to sign a petition for an audit of OUR gold. We need 25,000 names to get some sort of government response. I think the petition had around 5000 names at the time I posted it.

Foreign gold has been stored in the U.S. for nearly 100 years. Foreign owners have long been content to leave gold parked in the US. The biggest problem with doing that- is that the US is simply a bully. If in fact our currency goes kaput- just how would another country wrestle it away? We're back to that possession is 9/10ths of the law thing.

That wouldn't be so far fetched if in fact we hadn't done it already.

In 1971, Charles de Gaulle of France demanded payment of French debts be made with U.S. gold.
On Aug.15, 1971, Richard Nixon officially removed the U.S. from the gold standard. Take that, Charlie. So there was some foreshadowing long ago...

Charles de Gaulle was always a gold bug...he didn't bet on the U.S. government.

“Betting against gold is the same as betting on governments. 
He who bets on governments and government money bets against
6,000 years of recorded human history.”


Monday, January 14, 2013

Please Help Me Annoy The Government, Sign This Petition

This is a petition that seeks an audit of the United States Gold reserves allegedly held in various locations throughout the U.S. This is the gold that nobody has seen for 40 years.

It's not like it's your gold. It's the government's.

Please sign this petition. You have to provide your name and an email address and verify it- but what the hell... If we get 25,000 signatures by early February- at least we can get a rejection slip with some lengthy line of bullshit on why an audit is un necessary from the White House.

Decoding Obamamath and Other Deficit BS

Obama never lets me down.

I can't bear to listen to him talk anymore. I passed on his speech today. I don't mind liars particularly- except when their lies impact my country and my pocketbook and insult my intelligence. I kind of think that's why Obama doesn't insult his base- I don't think they're smart enough to realize that he is lying to them.

So here's my rule for the Won. Believe the exact opposite of anything he says, especially if it is important.

Juliana Goldman gets it. Here is her question today to President Doublespeak.

  Julianna Goldman?
     QUESTION: Thank you, Mr. President. I just want to come back to the debt ceiling, because in the summer of 2011, you said that you wouldn't negotiate on the debt ceiling, and you did. Last year, you said that you wouldn't extend any of the Bush tax cuts for the wealthy, and you did. So as you say now that you're not going to negotiate on the debt ceiling this year, why should House Republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down?

Full speech transcript here.

So today, El Presidente took credit for 2.4 trillion in spending cuts and new revenue. This is how Obama misleads with his bullshit. Let me show you how he got there. It took some investigation this afternoon.

The truth is, Obama doesn't even think we have a spending problem. He said so, not me.

In 2011, funding for the military and a few other discretionary programs was reduced by 140 billion a year. That was already law. Obama was not the architect of those spending reductions- he simply signed those bills. He happily takes credit for them like they were his idea. The new Tea Party house members managed to get those cuts as part of the debt ceiling talks. But since President Doublespeak had to sign them into law- now he takes credit for them. Those cuts reduced our yearly 1.5 trillion deficit to about 1.36 trillion per year.

So there was some pissing in the ocean.

Obama claimed today that his new tax package on the rich will raise 600 billion dollars- again please  remember this is spread out over ten years. Sixty billion a year will only reduce our yearly deficit to 1.3 trillion.

Then there is the interest on the debt. Interest is a moving target. Obama claims 400 billion in saved interest over 10 years. Or 40 billion a year. That leaves us with a 1.26 trillion dollar annual deficit.

More pissing in the ocean. And I haven't got to the best part.

No future Congress is bound to adhere to any of this. Remember the people who make the laws can ignore and rescind prior laws and simply make new law whenever it's convenient.

Think super committee BS. How long did it take them to set aside that law- those "automatic cuts" scheduled to take effect on the first of Jan? Now you are getting this...

I also think Obama's "revenue" is best case. In other words, I don't think the 400k plus wage earners in this country are going to just sit idly about and let the government fleece them. Most of them are small companies. That 600 billion will probably look a helluva lot more like 500 billion after it gets off shored, re-invested, or depreciated. People are strange that way. They don't like getting ripped off. Same with the interest expense. I think 10 year treasury bond interest at 1.6 to 2.0% gets refinanced into shorter maturities. How long can the FED manipulate these low rates? Look at Japan. They've done it for 25 years. So I am thinking short of a collapse, we save 300 billion in interest rather than 400 billion.

Obama spins everything rosy to make himself look grandiose. He stated in the speech today that he wants 4 trillion in cuts- therefore he is only looking for another 1.6 trillion or 160 billion a year spread over ten years on top of his "other achievements."

The truth is, we still have a 1.25 trillion dollar deficit even after all of this. If Congress manages to cut another 1.6 trillion over ten years- or 160 billion a year- guess what?

We will still be running 1.1 trillion dollar a year deficits until we get somebody that actually comprehends the basic math taught in most universities. In the meantime, the interest meter runs and nobody is paying down any principal.

Obama never lets me down.

Sunday, January 13, 2013

FG Makes Startling Discovery, Finds Lost Dutchman of Stupid

Sometimes, my ego gets the best of me. Forgive me Father Des.

It was an honest mistake at first. I clicked on a Huffington Post feed thru my blog only because I wanted to see what people found so fascinating about Katie Couric (with accompanying photos) and her lack of makeup that would cause over 300 people to comment.

That's when I stumbled onto the Lost Dutchman of stupid. This is what fascinates America. Earlier this week I was reading a poll about how other countries detest Americans. Thankfully, I am not required to choose a side. I have to tell you, I am a shade embarrassed at my countrymen. These are the great minds of tomorrow.

People were taking the time to comment as though Katie Couric's makeup is important. Most were just saying the usual, nasty shit about Katie that they might say about anyone else. A few were making comments similar to mine, minus the profound sense of respect and tact that I usually display. The link is below. I am fascinated by Huffpo. It's like a petri dish for stupid. Everything you need to know about a superficial USA is on display here. No wonder politicians hold citizens in contempt and treat them like sheep. Proof here.

I couldn't contain myself. I took the bait and left a comment of my own. (see below) There will be at least 10 nasty responses in my inbox tomorrow. It is cheap entertainment.  I can't believe I have 3 fans.

Forgive me Des, I'm still working on tolerance.

1 second ago (11:50 PM)
This comment is pending approval and won't be displayed until it is approved.

I am in awe that so many of you folks landed on this piece of media cheese. I clicked on a "makeup story" only because of the asinine subject and I wanted to see what type of person was attracted to a story like this. I then read some of the 300+ disparaging remarks you have written. I now understand what is wrong with our country. You probably all vote, too.

Bring on the space rock.