PainfullyAware's Comments

Douche Bag Of The Year Award

Wed, 25 Nov 2009 17:05:53 -0500

Yellowhoard,

I did not know any other way to get you this information.

I think this is news worthy and has great relevance to your moniker. Spread the word about what is fact, downplay the speculation. News is "Sketchy" at this point.

Fact => in October 2009 China discovered 4 of the 400oz gold bars it purchased were "Gold Plated Tungsten" or "Salted Gold". The extent of the Fraud is unknown. This is an inside job at the highest level.

Speculation => Clinton Administration decided to "Create More Gold Bars" from the existing Fort Knox stash.

International Gold Scam Possibly Surfacing:
www.marketoracle.co.uk...

This will be interesting, indeed.

Gold Is Rallying: Now Where Do We Keep It?

Wed, 25 Nov 2009 16:34:06 -0500

On Nov 25 01:43 PM User 248461 wrote:

> They must be trying to make room for all that valuable tungsten they
> have been hoarding all these years ! think i,ll buy my girlfriend
> a tungsten necklace for christmas , its gonna be the in thing you
> know , get it now while its still only $1,160 oz ! it,ll be double
> that by next Xmas lol

Interesting Comment User 248461 - I do not know if any others understand your Ironic Statement.

I just came across this info last night and like the Japanese Duo attempting to sell the US Bearer Bonds in Switzerland a few months ago - Information is minimal and spotty.

Apparently the Chinese, in October, discovered that they had been given approximately 4 "Gold Plated 400oz Tungsten Bars" from the London Exchange.

DEFINITELY AN INSIDE JOB - Big Panic - Extent And Origin Of The Fraud Is Unknown At This Point.

Search Terms: "Salted Gold", China, Tungsten, 400oz

Article Mentioning Some Of The Details And Speculation:
www.marketoracle.co.uk...

I would be interested to see the stats on how many "Personal Shipments" get stolen. The money level that this Fraud is on may pay to rob some Gold back in an attempt to cover their tracks.

Interesting Times, Indeed.

Tax Carry-Backs, Or Political Payoffs?

Tue, 17 Nov 2009 19:41:46 -0500

Another Reward For Failure To Manage.

Financial Stability Bill: Loopholes Destabilize It

Tue, 17 Nov 2009 19:39:12 -0500

When You Can Create Money Out Of Thin Air You Can Buy Governments.

Thanks For The Summary Of The Tools Of "Future Doom".

Things are being so "Abused" in the "Funny Money System" that when it finally Implodes only "Hard/Tangible" Assets will suffice for "Exchange".

The Circus Continues => Down With Clowns !!!

A Market with No Memory

Wed, 04 Nov 2009 13:56:22 -0500

Short Term Memory Allows Disaster To Reoccur.

Since "Value As You See Fit" Rules The Day In Accounting Now, Why should anyone worry "How Things Add Up"??

Ride The Wave Folks, Lunacy Has Longevity When The "Referee Is In On The Scam".

The Scam Will End When No One Can Be Found To Participate. (Remember The "Credit Crunch" where "Miraculously" no one wanted to lend to each other because of UNKNOWN EXPOSURE TO DERIVATIVE CONTRACTS. => Much Can Be FIXED By Fraud)

Arianna Huffington: New Media Outlets Must Prove Commitment to Truth

Mon, 02 Nov 2009 20:36:01 -0500

Why Is "Truth" Not An Indelible Factor In Media?

The Prudent Banker-Self Regulation Myth Lives On

Mon, 02 Nov 2009 20:33:42 -0500

Just like the "Separation Of Church And State" is Valid - Favoring one church over another is invalid - so, The Separation of "Savings Banks" and "Investment Banks" must receive the same segregation.

Too Big To Fail Is A Fallacy.

America, The Nanny State

Mon, 02 Nov 2009 20:10:32 -0500

TeresaE,

Yes these are "Dark Times".

Take Heart; The American "Ideal" of the founding principles are well "Publicized" around the world.

The principle that one OWNS - Themselves, The Fruits Of Their Labor, And Property will not be easily extinguished.

The World Loves America - Not So Much Its Governance.

Dark Times Will Come - It Is Unavoidable Because Of "Denial Within The Ranks Of Those With The Power To Change Course". Also true is that they will not last.

Wisdom is not the same as Knowledge. Lessons Forgotten may have to be relearned through hardship.

Education Is Never Ending.

On Nov 02 10:39 AM TeresaE wrote:

> Nice article Mr. Quinn.
>
> The past year I have came to the conclusion that we are FUBAR. Then
> I talked myself into believing that there were like-minded people
> and that even the ostriches would surely wake up as they watch their
> paychecks shrink and their CURRENT obligations grow.
>
> Nope. Isn't happening.
>
> No one wants to hear it, I'm losing friends and ostracizing family
> because I am "just a cynic." "Everything is fine, the economy is
> recovering, foreclosures aren't bad, unemployment is not bad and
> going on the food stamps is a-ok with me."
>
> We have begged our government to protect us from everything including
> ourselves. We say stupid things like, "the government can afford
> to..." without thinking that the money comes from US.
>
> We are now watching about five massive, societal changing bills that
> will suck a huge amount of money from our lives and we actually have
> the arrogance to think we make enough to afford the added costs.
>
>
> I think by the end of 2012 there will be millions of Americans living
> in dark houses, with little food. I know nearly no one believes
> this, but just WHERE will the money come from? We are competing
> with the third world for our jobs and somehow we believe that we
> will be paid MORE so that we can afford this mess?
>
> Good luck to us. I wish I had the ability to run away. Instead
> I just rob Peter to pay Paul to buy supplies and try to prepare for
> a nightmare I hope never happens.
>
> It sounds like your hope is as diminished as mine. Sad times.

America, The Nanny State

Mon, 02 Nov 2009 19:53:21 -0500

Ahhh, GoldLovingPuppy,

Have you researched The Repeal of Mark To Market in March 2009 and its EFFECTS on the market? How about "Derivatives" or "Securitized Investment Vehicles"; Neither of which has had resolution - Shadow Banking/Off Accounting Book Assets Still Live? Maybe you have done your homework on how the mandate of the "Presidents Working Group On Financial Markets" is carried out; Big influence in the markets at the moment.

You defame TeresaE without merit.

Life is not "Rosy All The Time". To Assume So Is Mentally Minuscule.

What say you about the influence of "Dark Pools" or "High Frequency Trading" or even the root of "Fractional Reserve Banking". Structure IS ALL IMPORTANT.

Functionality Derives From Structure.

There is more to know than can be know - The More You Know The Less Certain You Will Become.

Things are not well; to ignore "Situational Awareness" will result in dire consequence.

On Nov 02 07:21 PM GoldLovingPuppy wrote:

> Your are losing friends deary because most of the stuff that comes
> out of your mouth is absolute doomsayer rubbish. You make no sense
> most of the time. You cry and whine on most posts with very little
> constructive input to the various topics. Your husband is obvioulsy
> holding out on you (and who could blame him if he has to listen to
> you all the time.) to give you the demeanor you have in life.

>
> Goldey

America, The Nanny State

Mon, 02 Nov 2009 16:43:41 -0500

Where do you figure that Constitutional America would be without "...promote(ing) the general welfare, and secure(ing) the blessings of liberty to ourselves and our posterity, " - joebaggadonuts

Promoting the general welfare through SUBJUGATION, at the expense of liberty, DOES NOT secure the blessings of liberty.

I do not want to live in a society where we are "All Equally Miserable" no matter the effort expended to remedy uncomfortable situations.

Money Achieved Without Effort Is Usually Spent Foolishly.

Taxing is Effortless; Just look at the Hillary Clinton quote of recent days. => "The percentage of taxes on GDP (in Pakistan) is among the lowest in the world... We (the United States) tax everything that moves and doesn't move, and that's not what we see in Pakistan."

On Nov 02 02:32 PM joebaggadonuts wrote:

> OK, so here's my contribution toward freedom.
>
> Federal Military Budget: 663 Billion. It's not on your charts.
en.wikipedia.org/wiki/...
>
>
> You quoted some significant documents about America, but you forgot
> the most important one. The preamble to the Constitution:
> We the people of the United States, in order to form a more perfect
> union, establish justice, insure domestic tranquility, provide for
> the common defense, promote the general welfare, and secure the blessings
> of liberty to ourselves and our posterity, do ordain and establish
> this Constitution for the United States of America.
>
> Where do you figure that Constitutional America would be without
> "...promote(ing) the general welfare, and secure(ing) the blessings
> of liberty to ourselves and our posterity, ".
> www.law.cornell.edu/co...
>
>
> Call it Socialism if you want, but it only shows your ignorance.
> Hiding behind figures and charts shows only that you know how to
> Bullsh1t.

America, The Nanny State

Mon, 02 Nov 2009 16:26:19 -0500

Government Is The "Regulator And Referee" Requiring That It Should NEVER Provide Services. (does not mean that it can not support services) Without a mechanism for failure, when corrupted to the point of failure, there is no hope for remedy.

Governments Never Fail Without Catastrophic Restructuring.

I just want the ref to call a good game not join the other side.

America, The Nanny State

Mon, 02 Nov 2009 16:18:57 -0500

On Nov 02 11:51 AM PlainJane wrote:

> Why is this embarrassingly one sided political theater art being
> promoted by the editors of SA? This is for Digg.

Because, Finance And Banking Have Become Governmental Subsidies And Truly Free Market Practices Are Illusory In The Current Environment.

You Better Pay Attention To What IS Happening In DC Or You Will Suffer The Consequences.

Money made is not immune to De-valuation by reckless governmental policy.

To Assume Benevolence Is Foolish.

Capitalism, Socialism and Fascism

Mon, 26 Oct 2009 03:54:17 -0400

Evil Is Not Easily Contained Within Labels Or Party Lines.

Complexity Favors The Sinister.

Who Were the Winners on Interest-Rate Swaps?

Mon, 26 Oct 2009 00:10:26 -0400

Gold Loving Puppy and GreatWhite - You Argue As The Prattle Of Children.

Choose Substance Over Symbolism.

What About "Event and Incident" Makes The Testimony Of An Angry Persona Untrue ???

Gold Loving Puppy => How does apearance factor in to Validity?? Do Not Be Mentally Minuscule.

All Information Is Filtered Through Others. You should be grateful there is discussion of the "Derivatives Market" At All. Without discussion it will never be fixed.

Stifling A "Position" By Insolence, Is Not Furthering Knowledge Nor Understanding.

Where's the Outrage at the Banks?

Sun, 25 Oct 2009 15:04:12 -0400

Midwest,

There is no "Single Source" for Catastrophe; There are multiple "Contributing Factors".

Yes, generality covers it all but does not "Identify Alterable Metrics".

Money Knows No Political Boundaries. What Is "Said" Is More Important Than The Source; If It Is Validity Is More Than Just Association.

Beware taking information from only sources with vested interest in "Soothing Bad Metrics". The Presidents Working Group On Financial Markets Has "Functional Arms" With Great Influence. Goldman Sacs - Just so happens that most of the US Treasury's top personnel have ties to them - JP Morgan, Morgan Stanly, and the "Too Big To Fail" crowd would be worth your investigative time to see the connectivity. Throw in "Campaign Contributions" and the "Money Circles" become more apparent.

The More You Know The Less Certain You Will Become.

Debate Is The Distillation Of Reality.

Reality Will Be Reality Whether Believed In Or Not.

On Oct 25 01:34 PM Midwest wrote:

> No Sympathy has his facts skewed.
>
> The rant is more RNC talking points but it conveniently fails to
> embrace the harsh reality of the report created by the Bush Administration's
> "President's Working Group on Financial Markets" in 2007, which clearly
> and decidedly puts the blame of the mortgage meltdown on greed over
> laws supposedly "forcing" lenders to give money to the unqualified.
>
>
> Try to get beyond Newsmax and Fox before spewing more completely
> discounted "facts". Greed and horrifically bad government oversight
> allowed this to happen.
>
> www.mcclatchydc.com/25...
>
> Sincerely,
> One Mad As Hell Former Reagan Republican

Who Thinks This Recession Is Over?

Sun, 25 Oct 2009 14:35:14 -0400

Remember That March 2009 is the moment that Accounting became "Value As You See Fit".

How Blurry The Picture Has Become.

Who Thinks This Recession Is Over?

Sun, 25 Oct 2009 14:32:17 -0400

The Recession Is Over For Those Closest To "The Magic Money Fountains" Of Fractional Reserve Banking And "Derivative Vehicles".

However, The Imbalance Is Growing For Those Without The Luxury.

The "Leaders" have gone "All In" around the globe and have no choice but to "Protect At ALL COSTS" the systems that support their life style. One Last Hurrah => It Seems To Me. By The Fear Of "Reality" the Statisticians, Politicians, And Money Masters Must Continue The Ruse Or See Devastation.

With The Collusion Of International/Large Corporate Media The True State Is "Made Fuzzy" In The Hope That "Things Will Just Work Out".

Through Mismanagement and Centralization The Wealth Of Future Generations Has Been Squandered while The Roots Of Calamity (Shadow Banking, Off Accounting Book Assets, Mark To Myth, Complexity, Too Big To Fail, and The Purchase Of "Representatives") Has Not Been Addressed Let Alone Discussed In Detail by The "Regulatory/Governmental" Bodies.

No The Recession Is Not Over - Band-Aids To Not Cure Gaping Wounds.

We are going to see a "Do Over" by "Universal Force" or Remedy => which seems more likely with the current "Leadership".

Driving The Ship With Patsies Is Easy In Calm Waters; Does It Feel Like Calm Water To Anyone?

Consider The Constitution A "Beacon" In Dark Times. Anyone Advocating A Return Toward Its Founding Principles Is An Ally.

Credit Card Companies Gone Wild and Other Economic Happenings

Thu, 22 Oct 2009 17:05:42 -0400

No One Wants To Be A "Creditor" When The People With The "Greatest Debt" Are In Charge Of The "Money Fountain" And Reckless Abandon Rules The Day.

"Value" Does Not Change With Inflation/Deflation - Only The "Exchange Rates" Do.

"Tangibility" Is The Best Strategy In Uncertain Times.

CC companies are preparing for Amazing Losses and attempting to limit their exposure when the "Governmental Free Money Salve" Wears Off.

Nothing Is The Same Forever Unless Balance And Sustainability Are Reached.

How "Balanced" Is A System That Ignores Accountability and Accounting ???

Who Were the Winners on Interest-Rate Swaps?

Thu, 22 Oct 2009 16:40:17 -0400

Jeff,

Thanks for discussing "Interest Rate Derivatives". More - Who Cares The Casualties, We Got The Fees - "Financial Engineering" Abused By The "Too Big To Fail".

To Add Another Level Of "Conflict Of Interest" - JP Morgan IS One Of The Functional Arms Of The Presidents Working Group On Financial Markets. Result - Insider Information AND Back Door Capital When "Calamity" Is Detected.

How Nice To Be Under The Protection Of The - GMob. You Can Do No Wrong. If Reprimand Is Presented, The Effectiveness Of The "Market Lever" Is Reduced; Guess The Outcome.

Que Bono; Follow The Money => Reveals Much.

Who Were the Winners on Interest-Rate Swaps?

Thu, 22 Oct 2009 16:30:15 -0400

GreatWhite,

Education Is Not Wisdom. You Do Not Need Credentials To Be Wise and A Credential Does Not Guarantee Wisdom. Status Does Not Effect Truth.

Language Is Ever Changing - "Made Up Words" That Effectively "Communicate" Sometimes Become Vernacular.

Yes, Jeff has a Cynical Presentation; Anger Is Merited. No One Is Correct All The Time; The Ones That Are Close Are More Valuable. Paradigm And Perspective Alter What Is Perceived.

Reality Will Be Reality, Whether Believed In Or Not.

Debate Is The Distillation Of Reality.

Choose Substance Over Symbolism.

On Oct 22 10:36 AM GreatWhite wrote:

> "Banksters" "Parrots", "cheer Leaders", "pretend-journalists" "Market
> Pumpers", " pseudo-journalists"
>
> You try perpetrate yourself as an expert, professional, and more
> knowledgeable than all the "shills" out there in the media and yet
> your use of name calling and made up words (banksters...) and accusations
> is endless. Also since you are non-stop challenging the credentials
> and economic knowledge/theory of John Keynes, Ben Bernanke, Barron's,
> Fortune, and a host of other well known and educated people, journalists,
> govt and publications I believe that give us, the readers the right
> to question and challenge your credibility and experience. There
> is no indication in your profile about having any kind of economics
> degree, business degree or even ANY work experience in economics
> or business at all. You say you have a background in "Economics and
> Law". This is very obtuse and lacking in anything substantive about
> who you are. When Googled the only job reference found anywhere for
> you, (who I am assuming is you which a reasonable assumption, unless
> there is another gold pumping Jeff Nielsen out there, please correct
> me if I am wrong) is some helpless fool thanking you for your assistance
> in pawning off some gold coins to him over the phone. The only conclusion
> that can be drawn from this is you are a phone sales jockey for a
> company peddling gold. What I also find amusing is that this "Job"
> experience about you was referenced before in someone else's comments
> and then surprisingly the website removes it from their testimonials
> a short time later. Fortunately Google still has it cached, so you
> can't hide very easily in this day and age of the internet.
>
> Here is the quote incase anyone is interested:
> "I recently received my first shipment of gold coins from you (invoice
> ... "Enclosed are…per my order to Jeff Nielsen by telephone…this
> is payment in full.
>
> So my question is. What gives you credentials that we as reader should
> take for fact from your opinion and analysis over that of Baron's,
> Fortune, Bernanke, Keynes or any of the people who openly acknowledge
> there education and work experience to the public, so we the reader
> know how serious to take what you have to say as anything but rambling
> babble from someone who wants you to buy gold!!
>
> GreatWhite

POVERTY UP: OBAMA'S NEXT INVITATION TO GRAB WEALTH AND PROPERTY?

Tue, 20 Oct 2009 16:45:24 -0400

Taxes, Tariffs, Fees And Bureaucratic Compliance rob the "Functional Capital" from the money system.

Poverty Could Be Reduced By "Loosening The Reins" On Small Business.

Future Generations Could Be Saved Hardship By Decentralizing Banking - making it more difficult to purchase governments.

Wall Street Breakfast: Must-Know News

Tue, 20 Oct 2009 16:23:03 -0400

"We are overwhelmed with greed, corruption, and hopium!" - eboworthen

Ahhh, The Stupor Of "Hopium". (He He He; Oh Dang !!!)

I have to agree with bbowen7 that Sheila Bair has actually showed some fortitude of recognition and attempts to warn. Bummer she is, by position, like the swimmer on the beach watching the incoming tidal wave from the low tide mark.

Higher "Fraud Rates" always happen when things become "Uncertain" and more scrutiny is paid to Enforcement. Law Suits and "Workouts" are starting to Balloon. If "Mark To Myth" is ever repealed we will have records within this stat.

Break Up the Banks!

Tue, 20 Oct 2009 15:59:41 -0400

Thanks for pointing out another advocate for "Size Limits" on "Largeness" John.

I Agree With Mervyn King and I would add => Reinstate Glass-Steagall for a "Quick Fix" then "Discuss Better Options".

Going "Rogue" On The "Money Masters" Is Usually Unhealthy For Those Who Run The "Tighter Circles". When those nearer the "Money Fountains" start pointing out "Obvious Inequities Of Balance". Things are going to get a bit crazy. 2010 and 2011 could see some shenanigans of compulsory behavior.

Those with a bit longer term memory and a penchant interest for "Systems" and their "Mechanisms and Dynamics" can see the "Longer Implications" of "Structural Operation". (Way To Be One Of Those People John)

Things Are Not Well.

I am amazed at the "Longevity Of Lunacy".

It is almost as if we are in the "Waiting" => The Eye Of The Hurricane. Fatigue From Fear and Zealous Scanning For The "Trip Switch" is common place for those with "Vested Interest", and understanding. I am not sure "They" are going to be able to paper over the "More Real" situation much longer.

Fed Has No Trouble Demanding Transparency from Others

Thu, 08 Oct 2009 13:44:15 -0400

When there is no recourse for poor performance or failure, there is little incentive for reasonable action.

Things are changing and awareness is rising.

Nothing like calamity to pique interest in public affairs.

Wall Street Breakfast: Must-Know News

Thu, 08 Oct 2009 13:37:14 -0400

Tangible Comodity Backed Money and => No Off Accounting Book Assets; These two changes would force most Nefarious Action to look elswhere for "Magic Money Fountains".

The politicians will never allow there "Campaign Contributions" to be jepordized. The result will be purgatory for "Effective Reform".

Notice the PPIP program that gets little attention, that uses 50% public money to "Shuffle Derivatives" while FEES are gathered. It is interesting that many in this program are Both Cause And Benefactor of the current financial calamity.

Private Equity, Business Flipping and Asymmetrical Outcomes

Wed, 07 Oct 2009 17:16:07 -0400

Trader Mark => Salient Sanity Succor !!!

Large Systems Always Have Mechanisms.

Thanks For Assailing Asinine "Corporatism/Corprotoc...

Sound Money (Tangible Commodity Backed) and NO OFF ACCOUNTING BOOK ASSETS Must Be Instated Or Instability Will Continue With Greater Magnitude.

All "Under Damped or Harmonic Systems" Eventually Destroy Themselves If "Continually Driven".

One thing "good" about all the unemployment is that people are paying more attention to what is going on in the "Systems Of The Wold". Education Is Endless. Thanks for helping with the task of instruction.

Job Fears Keep U.S. Wallets Sealed Shut

Tue, 29 Sep 2009 02:46:47 -0400

Many Are Shifting Paradigm.

What was once "Blind Compliance For Gain" has become "Acute Awareness Of Questions Regarding Treachery".

Americans are suffering "Fear Fatigue" and "Bureaucratic Burden" => Money Is Where Scrutiny Is Highest At The Moment In the Populous. The Rest Of The Interconnected World Seems To Be In A Similar State. How Long "The Pretend" Is Allowed, Remains To Be Seen.

"Flipping Paper" Is Not An Element Of A Real Economy => Derivatives and Level 3 Assets do not Grow Something, Make Something, Nor Provide A "Societal Service" In Support Of The Previous Two. (Shuffling Risk In Aftermath Undermines Tangible Evaluation And Clouds Diligence)

It is good to discuss "Issues Of Exchange".

Debate Is The Distillation Of Reality.

Preserve Your Wealth with Precious Metals

Tue, 29 Sep 2009 02:26:58 -0400

"Tangible Assets" is more of the Theme.

Real-Estate works as well as Gold; If society survives.

Anything of Practical/Perceived value becomes worth "More Than Services" => When Monies "Devalue" => In The Extreme.

"Confiscation" by anyone, Governments Included, are more difficult with an armed populous. If I am correct, the USA became the "Military Industrial Complex" after WW2; Our Citizens ARE A Militia Unto "Spontaneous Order" and more per capita weapons than anywhere else in the world.

I Doubt The US Government Will Be Successful On A Path Of Assault In Today's "Climate".

"The real problem with unstable systems is that they ALWAYS result in a completely broken system eventually. They will literally shake themselves apart." - Smarty_Pants

Very Profound.

All "Under-Damped or Harmonically Driven Systems" Will Destroy Themselves In "Increasingly Amplified Undulation Until Structural Failure".

Reversion to Disaster

Tue, 29 Sep 2009 01:52:14 -0400

John - I dislike your title on a level of Fear, although I must agree.

"Band-Aids and Bubble Gum" Will Not "Salve/Save" a system that refuses to "Address Systematic Accountability AS A STRUCTURE". It is Amazing the "Blurr" when "Mark To Myth" has not been Curtailed.

The Fact that NO ONE is /Discussing/Talking About Level 3 Assets => Is Amazing To Me !!! (The Off Accounting Book Types - for those of you tuning in late.) The Root Of The Catastrophe.

"Sustainability" is not just a "TreeHugger" Term => Balance And Accounting mimic "Finding Equilibrium".

Without Defined "Substance", weight is misrepresented on the "Scales".

A Patriots March on Washington

Wed, 16 Sep 2009 06:17:42 -0400

You Rock !!!

Thanks For Representing And Recording.

Semper Fi !!!

(I do believe that the "Magnitude" startled many)