Erdogan and the TrashkeNAZIS at the Department Store of Death.

Dog Poet Transmitting.......

May your noses always be cold and wet.

Today's thought for the day at WRH is “"We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent." -- Statement made before the United States Senate on Feb. 7, 1950 by James Paul Warburg (Illuminati, Rothschild Banker & Chairman of the Federal Reserve). The Warburgs and Shiffs are the seldom mentioned, alongside The Rothschilds ...but they are equally culpable and ruthless in execution concerning those acts of mass murder and genocide, upon the hapless Schmoos, who inhabit this benighted planet, in these desperate hours ...and the hours indeed grow desperate. There are others as well.

Sultan 'Ty Yippie Kai Yay' (motherfucker!-cue Bruce Willis) Erdogan, Israeli stooge, seeking local empire status in the region, by facilitating ugliness in Syria, or anywhere else he's told to do so, has finally got his own peopleafter his ass. Let's hope they get their hands on it. Obviously this incredible violence being visited on his own people has TrashkeNazi roots. I can just hear the conversation taking place between Sultan Erdogan (erred again?) and Binnie the rat Shitwityahoo. “Okay Binnie, you can kill a bunch of people on the flotilla but you got to let me be outraged about it when you do, so I can look all strong and courageous to my people”. “Not a problem, Ty Yippie Kai Yay and if you need anything from the Department Store of Death, we can kill them for you wholesale”!

It won't be too much longer now people, Russia is moving a massive aircraft carrier into the Mediterranean. They say it will be later but it could well be sooner. They're sending their nuclear submarines into the Southern Seas. Iran has S-300's now and other weaponry is pouring into Syria, Lebanon and elsewhere, courtesy of that new coalition, “Bombs and Bullets for International Counterfeiting Bankers”.

In related news, Mon(ster)santo Claws (with its toxic, firebreathing reindeer) has clusterfucked the American wheat export industry and countries are already canceling their orders. This will lead to the destruction of the American wheat industry and you know that means war. Well, Hell, pretty much anything means war, when you are an imperialist nation, seeking global hegemony, until all the encroaching lines touch each other. Seeing as this world is Hell and given what the weather is telling us, it looks like we shall see, in the not too distant future, the long awaited, Hell freezing over. Break out your ice-skates!

The next war is already being briskly fought on various fronts. Mon(ster)santo has gotten creamed in Europe and now they're backing away from that market. Meanwhile, 'Corporate' forgot to buy every judge in the catalog and they also got shredded in France. “Holy Batshit, Robin”! You can't tell who's winning or losing anymore. Of course, the rich are still getting richer, at the expense of the poor but that, after all, is what a capitalist economy is for.

We know, we know, there's more than enough for everyone here. There’s more than enough land. There's more than enough food and water. There's definitely enough love, since we're all formed and fueled by it, up until we decide to go over to the dark side, in the vain hope that our chances for survival were better; are you really that stupid? You are? Congratulations! Bankers, corporations, governments and religions, are not unlike hyenas, who are known to bite off the faces of people sleeping out in the open in Africa. Then they jump back and wait for the flies and other elements of Nature to take their course, finally closing in to claim their meal. Of course, there is also the Hyena Man so... maybe there is a way for peace to exist between very different life forms. Uh...NOT! We are talking about once human hyenas. They are very different from the animal variety, which you can probably reason with. You cannot reason with the once human form. An ancient darkness is coiled in the brain of these creatures and they are deaf to reason and laugh at things like mercy and compassion. These qualities are only for the weak, only for that which is meant to be killed and eaten. You're not going to catch Ty Yippie Kay Yay Erdogan or Binnie 'the Rat' Shitwityahoo, embracing such unmanly characteristics because, 'are they not Men'!? No, as a matter of fact they are not. You can't really call them beasts either. Beasts have a great deal more class and restraint and they definitely have better table manners.

Let's quote Mother Medusa, Gutle Schnaper, Rothschild at this juncture, “If my sons did not want wars there would be none”. Think about it. If you are not a billionaire, or blowing one, this means; you to the front, to die in the trenches. One can make a logical argument by this, which pretty much states that; The Rothschilds are making war on you. Why are you permitting this? You do it because you are a coward and because you are immeasurably stupid. Your chances of survival and your capacity to hold on to those virtues that make you more than a beast, are far greater when 'you know and resist'. There seems to be some amount of that, waking up out of the trauma, turmoil and brutality of the Banker armies and international, Israeli trained, Orc police forces, being visited upon the general population.

Lenin once said something like, “The capitalists will sell us the rope with which we will hang them”. The internet and social networking sites should be seen in this light, in terms of unifying the public against the fiends in power. Here are huge engines 'they' thought to manipulate and have lost control of.

These are fiends and monsters; Obama is such a one, as are the heads of most nations. They are owned by the bankers. They are initiated by the bankers into false doctrines, which they accept as truth and operate according to. The world is faced with a very simple solution. Let me borrow the phrase of Gut Snapper Rothschild; If the people wanted no wars, they would imprison and hang the bankers and there would be none. This means, no bankers and ergo, no wars. You don't need to be a rocket surgeon to comprehend this. Jail the bankers. If you don't want to hang them, put them in animal cages and send them off on a world tour, to all of the towns and cities of the Earth, with detailed plaques in front of the cages and buttons you can push on them, that tell the tale of their crimes. Bring them into the school rooms for 'show and tell'. This is what you need to do. It wouldn't hurt to do the same with most of the CEO's, politicians and high ranking religious figures. You want your children to have a real grasp of history? Expose them to the people whose business it has been to distort and fabricate it AND by all means, employ the Iceland template to every nation on Earth.

Look, all this shit about derivatives and the pending horror of economic collapse is meaningless. The industries are still there. The wealth is still there, once you take back every dime the bankers and corporations have stolen. Everything is still here, still there. All you need is a new system that works and things go on better than they ever have, with usury free banking, corporations owned by those who know that capital punishment awaits should they mess around. The death sentence or permanent exile should hang over the heads of everyone in every position of authority. This new Sword of Damocles should be set to 'automatic'. They mess around, the scales move and... the sword comes down. Sure, what I am giving you here is simplistic, you want complex and detailed, we got that too.

If I personally can solve most of the present problems on this Earth and I am no rocket surgeon, simply a self educated, idiot savant... then certainly, certainly those who can see the moral imperative first, can drive the industry of change, once correctly informed of the inflexible moral imperative, in the right direction. Any argument to the contrary, is either the fruit of the compromised, or an exercise in wanker speak. I don't care how complicated the problem is, the solution is simple. It only becomes complicated when those intending to steal get involved in the process. There should be no billionaires to begin with. There should be an immoveable ceiling for personal profit, after which further profits are directed toward national and global improvements and I don't mean the way charities and scam ops like PETA and Greenpeace are presently run.

Religions should not go untaxed and that tax should be directly, and not through the hands of middle men, sent in the direction they claim it to be intended to go in the first place. In other words, you make sure they do what they said they would do in the first place.

You can't have an equitable and honest world when you, yourself, are not honest and equitable. That is the primary problem and the one that the bankers and all the scum who are owed by them, feast on. It is your dishonesty that opens the door for their massive crimes against you. The game is rigged. The only thing that is going to trickle down to you is their piss on your heads and I believe you can count on it streaming in that respect. You want it going on the way it is going and getting worse? Have at it.

You are being given these precious hours to make the necessary changes before, ...before they have to be made for you. You want to snooze in the sunlight under that tree, until the hyena bites off your face? Be my guest. I'm just passing through here myself.


End Transmission.......

BANCORRUPTCY

Ireland's Big Lie: The Real Potemkin Village

While the world is awash in central banker created Potemkin village analogies, Ireland has gone one step further. In a little over two weeks, the self-important leaders of the Group of Eight (G8) will be meeting at the Lough Erne Golf Resort in Northern Ireland. There’s a slight problem, however. Ireland’s economy is in shambles and many of the neighboring towns are in horrible shape. So what’s the solution? Simple, just pretend nothing’s wrong by remodeling storefronts long since abandoned just as you would in a Hollywood set. What about those pesky abandoned buildings and other eyesores of blight and destitution? No problem, just place colorful murals in front of them. It makes sense. After all, the response by the G8 to the financial collapse since the beginning has been to cover it up and pretend nothing happened.

Via Michael Krieger of Liberty Blitzkrieg blog,

Ireland’s Big Lie: Town Gets Cheap, Superficial Makeover Ahead of the G8 Summit

In a little over two weeks, the self-important leaders of the Group of Eight (G8) will be meeting at the Lough Erne Golf Resort in Northern Ireland.  There’s a slight problem, however.  Ireland’s economy is in shambles and many of the neighboring towns are in horrible shape.  While real economic collapse doesn’t seem to bother Ireland’s leaders, the thought of Barack Obama, Shinzo Abe and David Cameron having to confront the realities of poverty while feasting on caviar and foie gras is simply too much to bare.
So what’s the solution?  Simple, just pretend nothing’s wrong by remodeling storefronts long since abandoned just as you would in a Hollywood set.  What about those pesky abandoned buildings and other eyesores of blight and destitution?  No problem, just place colorful murals in front of them.  It makes sense.  After all, the response by the G8 to the financial collapse since the beginning has been to cover it up and pretend nothing happened.  At least the meme is consistent across the Western World.  From the Irish Times:

Hundreds of thousands of pounds have been spent on a Fermanagh facelift as the county prepares for the G8 summit in just under three weeks’ time, but locals complain the work paid for by the local council and the Stormont Executive is little more than skin deep.

More than 100 properties within range of the sumptuous Lough Erne resort which hosts the world’s wealthiest leaders, have been tidied up, painted or power-hosed.

However, locals say the makeover only serves to hide a deeper malaise which US president Barack Obama, German chancellor Angela Merkel, French president François Hollande and others will not get to see.

Two shops in Belcoo, right on the border with Blacklion, Co Cavan, have been painted over to appear as thriving businesses. The reality, as in other parts of the county, is rather more stark.

Just a few weeks ago, Flanagan’s – a former butcher’s and vegetable shop in the neat village – was cleaned and repainted with bespoke images of a thriving business placed in the windows. Any G8 delegate passing on the way to discuss global capitalism would easily be fooled into thinking that all is well with the free-market system in Fermanagh. But, the facts are different.

“That work happened just a few weeks ago,” he said. “The council got that place painted but it went under sometime last year.

The butcher’s business has been replaced by a picture of a butcher’s business. Across the road is a similar tale. A small business premises has been made to look like an office supplies store. It used to be a pharmacy, now relocated on the village main street.

Elsewhere in Fermanagh, billboard-sized pictures of the gorgeous scenery have been located to mask the occasional stark and abandoned building site or other eyesore.

Global ponzi economy.  Pathetic.

The Best Opportunity This Decade: Maximum Gold Profits

It should be clear that our economic and monetary systems are wholly unsustainable and will lead to continued impoverishment of the populace through job losses, wage reductions and monetary price inflation. With that in mind consider your specific financial needs, what means you have available to you, and what your financial assets will look like when the next collapse wreaks havoc in the markets.
When it all comes down you must be positioned in assets that will not only store wealth, but build it as well. Once you have the basics covered – food, shelter, personal safety – consider gold as one such option. History shows that, as a mechanism of exchange, gold has survived every major global calamity. As our government managed socio-economic safety nets continue to unravel, with our money losing purchasing power and our creditors losing confidence in our ability to ever repay our debts, gold may well be the only financial asset left standing after the dust has settled.
In The Best Opportunity This Decade: Maximum Gold Profits, Daniel Ameduri ofFuture Money Trends explains the problems facing the world’s financial and monetary systems, the risks investors face as they relate to paper denominated gold exchanges, and considerations to make while exploring your precious metals investment options.

What Is Wrong With The Economy Today

Nobody ever got successful by “getting a job”
People don’t get successful, by being employees, and therefore having the system be against them collecting money..
People only get successful by starting businesses or franchising them, and therefore having the system be in FAVOR, of them collecting money.
That’s a difference between being a businessman, and being a worker looking for “jobs”
You know whats wrong with the economy ?
We became a nation of employees who rely on 1 man for their pay, instead of customers.
That’s what is ultimately wrong with the economy.
People are not taking advantage of capitalism..
Capitalism can only help you, if you take advantage of it..
I have a phrase I like to use…
You can’t be successful, by having the system of money and profits and productivity be AGAINST YOU..
This is an employee… “do you like me?”
This is a businessman “how may I help you today?”
The day you ask somebody else, if they like you, that’s the day you are going to be a failure.
You can only be successful by asking people “how may I help you today”

Lindsay

“New Currency Order”: US Dollar Losing Reserve Status And The Japanese Yen, Swiss Franc and Yuan Are Gaining

The Dying Dollar and the Rise of a New Currency Order
For years now, the collapse of the dollar has been in the cards. Recent developments show mounting pressure on the dollar’s reserve currency status. With a major international deflation going on, the threat of inflation through money printing is unreal. However, should the dollar’s reserve currency status end, the repatriation of trillions of petro- and eurodollars could lead to a strongly inflationary scenario.
The roles of a reserve currency are to finance international trade and to function as a store of value for Governments. Until the second world war it used to be the British pound, but with the demise of the British Empire, the pound lost its international relevance and was overtaken by the dollar. This was formalized in the 1944 Bretton Woods system. All other currencies were fiat currencies, but pegged to the dollar, which in turn was pegged to Gold at 40 dollars an ounce and redeemable for international trading partners.
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Conclusion
We are seeing the advent of the new currency order. There will be a number of more or less equal blocks: a dollar zone, a Yuan/BRICS zone and the euro, with the Yen and the Pound as lesser entities. These will later be able to converge to even more ‘cooperation’, in the Money Power’s relentless march towards World Currency.
These units will be at least partially Gold backed, implying long term deflationary pressures. Central Banks are buying Gold in major quantities, creating the interesting question why Gold prices have not risen in the last 18 months.
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The hyperinflation scare that the Austrians have been promoting because of ‘money printing’ is ridiculous: we are in a stagflationary depression and prices are rising because of speculation, not because of excess money. But when the dollar loses its current status, long term price rises will become the norm.
The Greatest Depression has only just started.
http://realcurrencies.wordpress.com/2013/04/07/the-dying-dollar/
CNBC: US Dollar Losing Reserve Status
The U.S dollar is shrinking as a percentage of the world’s currency supply, raising concerns that the greenback is about to see its long run as the world’s premier denomination come to an end.
When compared to its peers, the dollar has drifted to a 15-year low, according to theInternational Monetary Fund, indicating that more countries are willing to use other currencies to do business.
While the American currency still reigns supreme — it constitutes $3.72 trillion, or 62 percent, of the $6 trillion in allocated foreign exchange holdings by the world’s central banks — the Japanese yen, Swiss franc and what the IMF classifies as “other currencies” such as the Chinese yuan are gaining.
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“If the dollar loses status as the world’s most reliable currency the United States will lose the right to print money to pay its debt. It will be forced to pay this debt,” Bove said. “The ratings agencies are already arguing that the government’s debt may be too highly rated. Plus, the United States Congress, in both its houses, as well as the president are demonstrating a total lack of fiscal credibility.”
Bove is not the only one sounding the reserve currency alarm, though the issue has fallen off the front pages as hopes for a sustained U.S. recovery have taken hold and the stock market has surged to near-record highs.
http://www.cnbc.com/id/100461159
Kyle Bass, who knows a thing or two about economics and finance, recently spoke to a senior member of the Obama administration about their planned solutions for fixing the U.S. economy and trade deficit.
When I asked a senior member of the Obama administration last week, ‘How are we going to grow exports if we won’t allow nominal wage deflation?’
He says, ‘we’re just going to kill the dollar.’
http://www.thedailysheeple.com/economic-solution-senior-obama-official-we-are-going-to-kill-the-dollar_012013

U.S. Meat Processor in $4.7 Billion Sale to Chinese Company.
Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquireSmithfield Foods Inc. (SFD) for about $4.72 billion to boost supplies for the nation that’s the biggest consumer of the meat.
Closely held Shuanghui, parent of Henan Shuanghui Investment & Development Co. (000895), will pay $34 a share for the Smithfield, Virginia-based producer, both companies said today in a statement. The offer is 31 percent more than yesterday’s closing share price.
China’s consumption of pork is rising with the expansion of its middle class while there are questions being asked about the safety of the country’s food supply. Smithfield’s livestock unit is the world’s largest hog producer, bringing about 15.8 million of the animals to market a year, according to the company’swebsite. It owns 460 farms and has contracts with 2,100 others across 12 U.S. states.
http://www.bloomberg.com/news/2013-05-29/shuanghui-group-said-to-near-agreement-to-buy-smithfield-foods.html

DANGER! DANGER! DANGER! We Are Obviously In The Final Euphoric Parabolic Phase of A Third Stock Market Bubble

This could be the No. 1 reason to expect a stock market correction

From Gold Scents: “The market is now stretched further than any other time in the last three decades…”
I’m going to start off today and show you what Fed policy has given us over the last decade and a half. What the Fed has accomplished has been one bubble after another.

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• WANRING: The Stage Is Set For The 3rd Stock-Market Crash of The 21st Century

CITI: The Stock Market Is Getting Dangerously Close To ‘Euphoria’ Territory

A “meaningful spike.”
….
Complacency and euphoria are the types of things that will exacerbate market volatility should a sell-off come.
Here’s Levkovich’s chart of the Panic/Euphoria model:

Citi Research

What you should know about the surge in stock buybacks - ”Is this another case of ‘here we go again?’”

From Global Economic Trend Analysis: Factset Buyback Quarterly has an interesting series of charts and facts on corporate share buybacks.
Here is my favorite chart in the series.

 
Aggregate Buybacks: Dollar-value share repurchases amounted to $93.8 billion over the fourth quarter and $384.3 billion for 2012. The fourth quarter total is in-line with that of Q3, but represented year-over-year growth of 9.6%.
Sector Trends: The Information Technology and Health Care sectors spent the most on quarterly repurchases ($19.8 billion and $14.4 billion, respectively) in Q4 2012. However, of the sectors that averaged $2 billion or more in quarterly share repurchases since 2005, the Industrials sector showed the largest sequential and year-over-year growth (30.6% and 59.4%) in dollar-value buybacks.
Buyback Conviction: Dollar-value buybacks amounted to 79.1% of free cash flow on a trailing twelve month basis, which is the largest value since Q3 2008. The Consumer Discretionary and Consumer  Staples sectors both spent more than 100% of their free cash flow (116.7% and 114.2%, respectively). The Energy and Utilities sectors spent $35.8 billion and $1.4 billion, respectively, on buybacks, despite generating negative free cash flow (-$25.7 billion and -$23.5 billion). The Consumer Discretionary sector also led all sectors in repurchasing the most shares relative to its size. Over the trailing twelve months, the sector repurchased shares that amounted to 4.5% of the sector’s average shares outstanding over the year.

Timing Suspect at Best 
One look at the above chart is all it takes to see most shares are bought back at high prices rather than low prices….

NYSE Margin Debt Rises To New All Time High As Net Worth Slides To Record Low

From zerohedge: With everything else in uncharted territory: central bank balance sheets, the stock market, global debt, it was only a matter of time before that old-school indicator of exuberance - margin debt - also joined the ranks of things that are “off the charts.” Never one to disappoint (except when Waddell and Reed dumps a “massive” 75,000 ES trade which promptly kills its liquidity replenishment points of course), the NYSE has reported that April margin debt, as expected, hit all time records, just in time for the S&P’s own all time high fireworks spectacular.  Rising from the just shy of summer of 2007 levels posted in March, or $380 billion, April margin debt not surprisingly rose to a record high of $384 billion. Additionally, even when netting out account credit metrics, such as Free Credit Cash and Credit Balances in margin accounts, total investor net worth just hit an all time record low of ($106) billion.
In short: investors have never been more levered.

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Warning: A “bond vortex” could be just around the corner

From Bruce Krasting: I got an email from a friend who runs money for a hedge fund that got my interest:
“May want to take a look at convexity vortex in mbs market and implications…” 
“Convexity vortex”? What’s that about? A bit more from this fellow, I’ll call him “MP”:
Some familiar with it say the vortex is 19 bps away… 2.2% on ten year treasury, 3% on the CMM… if breaks, MBS holders subject to extension and duration risk. Would now have to increase convexity hedging. Would lead to price gaps and significant selling. With shortage of treasuries due to bernank and co. and low liquidity, could be very disruptive.
That got me interested. A layman’s explanation of convexity:
When mortgage interest rates fall, the probability that an individual will re-finance a mortgage increases. When mortgage interest rates increase, the likelihood of a re-financing of the mortgage goes down. Therefore, in a rising rate environment, the average life of a pool of mortgages increases.
For example, if a bond fund held Mortgage Backed Securities (MBS) with an assumed 10-year average life, AND interest rates rose, the average life of the MBS portfolio would be extended for a few years. This is convexity.
The last thing that a bond manager wants in a rising rate environment is to have the average maturity of the portfolio extended, as this adds to the losses. As a result, MBS players hedge their portfolios against “duration risk” by shorting Treasuries (ten-year paper).
The higher rates go (and the speed that rates are increasing) forces more and more of the convexity selling.
MP believes that there is a magic number of around 2.2% on the ten-year bond that will bring out an avalanche of convexity selling. The 2.2% tipping point is very close to where the T-bond sits today.
The fellow who brought this to my attention is a perm-bear on bonds. Given that, I sought out a confirmation from another guy (call him JH) who has been bullish on bonds for many years. JH sits on the bond desk of a big international bank. When I posed the question to the Bond Bull I got a surprising response…