mrpitchfork's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/234165/comments http://seekingalpha.com/article/178401-u-s-forfeiting-billions-in-future-taxes-so-citi-can-exit-tarp?source=feed#comment-808198 808198 Wed, 16 Dec 2009 09:54:25 -0500 http://seekingalpha.com/article/173913-chance-of-a-depression-now-5-percent?source=feed#comment-765529 765529 Wed, 18 Nov 2009 11:50:09 -0500 http://seekingalpha.com/article/79332-why-is-oil-going-up?source=feed#comment-724068 724068 Wed, 21 Oct 2009 16:05:25 -0400 http://seekingalpha.com/article/165538-falling-dollar-finally-front-page-news?source=feed#comment-710268 710268

On Oct 08 12:47 PM User 353732 wrote:

> The dollar is falling because it is no longer real money but fiat
> scrip.
> This scrip serves the interests of the entrenched ruling class in
> 2 ways
> 1. It allows them to effortlessly bribe the lower class with money
> illusion: increasing nominal transfer payments that have steadily
> decreasing purchasing power. The lower class focuses on the nominal
> transfers and does not comprehend that the material quality of life
> depends on real purchasing power, not scrip. An expanding lower class,
> caused by increased unemployment/underempl... does not trouble the
> upper class which can simply issue more scrip to enlarge the fraudulent
> bribe.
> 2. It allows them to inflate the price of financial assets and selected
> commodities which increases their net worth, since a majority of
> financial and commodity assets are, directly or indirectly, owned
> and controlled by a very small fraction of households. When vast
> liquidity is selectively and deliberately concentrated on a few
> asset classes, these assets will inflate. At the same time, coerced
> liquidity starvation for the remaining asset classes will cause these
> assets to deflate in value: hence simultaneous inflation and deflation.
>
> Assets and organizations that hugely benefit the net worth and income
> of the tiny upper class are inflated. Assets and organizations that
> comprise the primary wealth and jobs base of the middle class are
> deflated. Bigger bonuses for the bosses; income and wage reductions
> for the middle class.
>
> The debasing dollar primarily damages the middle class, which will
> experience a steady increase in the cost of essential goods and services
> while experiencing a notable decline in its aggregate, after tax,
> discretionary income and its tangible net worth. This will occur
> even as Wash DC and Wall St claim there is "no inflation". There
> is ,for the Middle Class, as the exchange rate of the scrip declines
> versus the material goods and services needed to sustain a middle
> class life. As the dollar declines so declines the middle class in
> terms of both its real material quality of life and its total share
> of US households: a smaller, poorer middle class.
>
> The upper class has made and is making a vastly profitable and massively
> criminal trade: use the dollar to sacrifice the middle class and
> America's global stature, bribe the lower class and aggrandize and
> enrich the upper class. This trade is increasingly transparent to
> the rest of the world. It is the ordinary American who cannot or
> will not see it.]]> Fri, 09 Oct 2009 10:12:42 -0400

On Oct 08 12:47 PM User 353732 wrote:

> The dollar is falling because it is no longer real money but fiat
> scrip.
> This scrip serves the interests of the entrenched ruling class in
> 2 ways
> 1. It allows them to effortlessly bribe the lower class with money
> illusion: increasing nominal transfer payments that have steadily
> decreasing purchasing power. The lower class focuses on the nominal
> transfers and does not comprehend that the material quality of life
> depends on real purchasing power, not scrip. An expanding lower class,
> caused by increased unemployment/underempl... does not trouble the
> upper class which can simply issue more scrip to enlarge the fraudulent
> bribe.
> 2. It allows them to inflate the price of financial assets and selected
> commodities which increases their net worth, since a majority of
> financial and commodity assets are, directly or indirectly, owned
> and controlled by a very small fraction of households. When vast
> liquidity is selectively and deliberately concentrated on a few
> asset classes, these assets will inflate. At the same time, coerced
> liquidity starvation for the remaining asset classes will cause these
> assets to deflate in value: hence simultaneous inflation and deflation.
>
> Assets and organizations that hugely benefit the net worth and income
> of the tiny upper class are inflated. Assets and organizations that
> comprise the primary wealth and jobs base of the middle class are
> deflated. Bigger bonuses for the bosses; income and wage reductions
> for the middle class.
>
> The debasing dollar primarily damages the middle class, which will
> experience a steady increase in the cost of essential goods and services
> while experiencing a notable decline in its aggregate, after tax,
> discretionary income and its tangible net worth. This will occur
> even as Wash DC and Wall St claim there is "no inflation". There
> is ,for the Middle Class, as the exchange rate of the scrip declines
> versus the material goods and services needed to sustain a middle
> class life. As the dollar declines so declines the middle class in
> terms of both its real material quality of life and its total share
> of US households: a smaller, poorer middle class.
>
> The upper class has made and is making a vastly profitable and massively
> criminal trade: use the dollar to sacrifice the middle class and
> America's global stature, bribe the lower class and aggrandize and
> enrich the upper class. This trade is increasingly transparent to
> the rest of the world. It is the ordinary American who cannot or
> will not see it.]]> http://seekingalpha.com/article/158422-how-phevs-and-evs-will-sabotage-america-s-drive-for-energy-independence?source=feed#comment-648567 648567 Thu, 27 Aug 2009 08:40:09 -0400 http://seekingalpha.com/article/155933-why-this-rally-will-continue?source=feed#comment-629804 629804 Fri, 14 Aug 2009 10:40:07 -0400 http://seekingalpha.com/article/147109-if-goldman-sachs-secret-sauce-is-compromised-what-happens-now?source=feed#comment-576099 576099

On Jul 06 08:05 AM Light House wrote:

> From Lighthouse;
> Mike, Your G$, short is probably good for the very short term,but
> their 2cd, qtr.numbers are going to be phenomenal.If it gets into
> the 120's again I will be going long for very long.These folks are
> very organized and talented.If you can't beat them join them. I believe
> them to be the best for the job for unleveraging and and re liquefying
> this debt with the least suffering in the long run.There are far
> to many components to this global crisis and you can't make Econ
> #101 , the solution. Most of K.Denninger's 25 could and should come
> true but over time not all at once. I believe we will be just fine
> in the long run, but it will not be "business as usual". Save, pay
> down debt,
> invest in high Q,5-10 year Corp. bonds,work smart,enjoy family and
> friends, and don't gamble. Simple, uncomplicated, and hard to do...
>
> lh
>
> On Jul 06 07:16 AM Michael Young wrote:]]> Mon, 06 Jul 2009 15:57:19 -0400

On Jul 06 08:05 AM Light House wrote:

> From Lighthouse;
> Mike, Your G$, short is probably good for the very short term,but
> their 2cd, qtr.numbers are going to be phenomenal.If it gets into
> the 120's again I will be going long for very long.These folks are
> very organized and talented.If you can't beat them join them. I believe
> them to be the best for the job for unleveraging and and re liquefying
> this debt with the least suffering in the long run.There are far
> to many components to this global crisis and you can't make Econ
> #101 , the solution. Most of K.Denninger's 25 could and should come
> true but over time not all at once. I believe we will be just fine
> in the long run, but it will not be "business as usual". Save, pay
> down debt,
> invest in high Q,5-10 year Corp. bonds,work smart,enjoy family and
> friends, and don't gamble. Simple, uncomplicated, and hard to do...
>
> lh
>
> On Jul 06 07:16 AM Michael Young wrote:]]> http://seekingalpha.com/article/138026-there-won-t-be-a-recovery?source=feed#comment-507795 507795
Socialism doesn't work.. Ask England. I believe they are coming to the end of their "socialism".. Also, let's hear you say that once cap and trade gets passed and you start paying an extra $3,000 a yr for electricity for you home..


On May 17 09:33 AM No one wrote:

> Right. Much better we should have done nothing, gone through a 24
> year depression while those in the know get richer. Not this time...
> If it has to be Socialism, sobeit.]]> Sun, 17 May 2009 22:55:29 -0400
Socialism doesn't work.. Ask England. I believe they are coming to the end of their "socialism".. Also, let's hear you say that once cap and trade gets passed and you start paying an extra $3,000 a yr for electricity for you home..


On May 17 09:33 AM No one wrote:

> Right. Much better we should have done nothing, gone through a 24
> year depression while those in the know get richer. Not this time...
> If it has to be Socialism, sobeit.]]> http://seekingalpha.com/article/136810-has-the-trampoline-effect-come-to-an-end?source=feed#comment-498742 498742 Mon, 11 May 2009 08:56:35 -0400 http://seekingalpha.com/article/113157-gas-prices-will-go-up-with-a-fury?source=feed#comment-346413 346413 Mon, 05 Jan 2009 11:29:50 -0500 http://seekingalpha.com/article/112379-prophet-bernanke-plans-for-inflation?source=feed#comment-339788 339788 Sun, 28 Dec 2008 12:10:21 -0500 http://seekingalpha.com/article/111750-helicopter-ben-was-prophetic-in-2002?source=feed#comment-335559 335559 Mon, 22 Dec 2008 09:11:03 -0500 http://seekingalpha.com/article/92148-i-o-u-s-a-movie-is-well-done-and-informative?source=feed#comment-236316 236316 Fri, 22 Aug 2008 09:03:32 -0400 http://seekingalpha.com/article/91024-inflation-rises-to-5-6-the-highest-in-17-years?source=feed#comment-231165 231165 Fri, 15 Aug 2008 11:05:05 -0400 http://seekingalpha.com/article/90187-dollar-s-up-oil-is-down-but-why?source=feed#comment-227638 227638 Mon, 11 Aug 2008 09:16:48 -0400 http://seekingalpha.com/article/87593-the-housing-bill-one-step-closer-to-the-united-states-of-zimbabwe?source=feed#comment-217443 217443
Maybe its time to storm the castle...]]> Tue, 29 Jul 2008 11:37:48 -0400
Maybe its time to storm the castle...]]>