One of the techniques employed by the transnational groups against standing countries is the fostering of the notion of "measured response". This means that a country's military should not overwhelm its rival in any situation but rather only deploy enough resources to make the fight "fair".
I don't really care about your politics as it comes to Isreal or the US or the Middle East or Saudi Arabia or Taiwan or Tibet or anything else.
My point here is that governments that give in to media pressure or NGO pressure concerning "measured response" or "soft power" end up killing their own military personnel. And I think this is wrong.
In the words of TUCO from the classic movie "The Good, The Bad and the Ugly", I offer you this YOUTUBE link....
Monday, May 31, 2010
Saturday, May 22, 2010
How The Mainland Europeans Got It Backwards
Bottom Line: A single form of government must come before a single currency. To reverse this sequence is absurd. The British and Swiss knew this from the start.
Facts:
1776 13 colonies declare Independence from Great Britain.
1791 The US Constitution is ratified effectively creating the United States of America.
1913 Passage of the Federal Reserve Act creates the first unifying monetary system in the US.
The EURO was unnecessary:
The creation of the European Union is a good idea. The creation of single currency showed a lack of understanding between the relationship of monetary policy and government policy. When the two are left to go in different directions- default and currency collapse are simply a matter of time. Once citizens of a country learn that they can vote themselves government payments without regard to the source of those funds, they will continue to do so until no money is left.
The rise of Germany:
Germany is accepting obligations of financially weak Euro members and yet is not getting any tangible assets from the counter parties. The German people will not let this go on for much longer. I am not talking about war - after all why destroy Greece militarily? You own most of the darn thing already that would be like bombing your own home.
France- the role of first follower:
An essential ingredient to being a leader is that you have a follower. Due to mutual banking interests (Soc Gen and DB), France will support Germany. Being first follower often takes more courage than being the leader, so give France some credit when it occurs.
Lastly- Ignore the BS that is reported in the media since it is all prepared for "public consumption". France complains they are not being consulted- this gives their government cover. Germany complains about speculators but they know they need the liquidity that speculators provide. Blah, blah, blah....
Facts:
1776 13 colonies declare Independence from Great Britain.
1791 The US Constitution is ratified effectively creating the United States of America.
1913 Passage of the Federal Reserve Act creates the first unifying monetary system in the US.
The EURO was unnecessary:
The creation of the European Union is a good idea. The creation of single currency showed a lack of understanding between the relationship of monetary policy and government policy. When the two are left to go in different directions- default and currency collapse are simply a matter of time. Once citizens of a country learn that they can vote themselves government payments without regard to the source of those funds, they will continue to do so until no money is left.
The rise of Germany:
Germany is accepting obligations of financially weak Euro members and yet is not getting any tangible assets from the counter parties. The German people will not let this go on for much longer. I am not talking about war - after all why destroy Greece militarily? You own most of the darn thing already that would be like bombing your own home.
France- the role of first follower:
An essential ingredient to being a leader is that you have a follower. Due to mutual banking interests (Soc Gen and DB), France will support Germany. Being first follower often takes more courage than being the leader, so give France some credit when it occurs.
Lastly- Ignore the BS that is reported in the media since it is all prepared for "public consumption". France complains they are not being consulted- this gives their government cover. Germany complains about speculators but they know they need the liquidity that speculators provide. Blah, blah, blah....
Tuesday, May 11, 2010
2X2 Analysis of The Near Crash of May 6th 2010
Five days after the near market crash of May 6th, we still don't have any answers or even plausible lies about what happened even though micro second trades are routinely logged and cleared AND ostensibly erroneous trades during that same time can somehow be miraculously reversed. Yet the data on root cause for an event that almost destroyed our economic system as we know it seems MIA.
Let's have some four quadrant fun.
X AXIS: The event of May 6th was either a coincidence (a confluence of loosely connected but interactive events) or a premeditated act (most likely a demonstration of power).
Y AXIS: The event was either preventable or unforeseeable.
QUADRANT A: If it was premeditated and preventable then we know who and what happened and we should have the facts by now. But we don't, so I don't think it is "A".
QUADRANT B: If it was coincidental and preventable, it must be that regulating agencies are so ignorant of how the markets work that they did nothing to protect the basis of our economic foundation.
QUADRANT C: If it was coincidental but unforeseeable, why didn't regulating agencies have the contingencies in place so that when the markets move beyond certain control limits (for whatever reason) the stop gap measures prevent a meltdown.
QUADRANT D: This was a premeditated demonstration of power over the market that was so sophisticated that it was unforeseeable and perhaps inconceivable upon which case the only possible response is capitulation to the victor.
What is your vote? A B C or D
Do you think a $1T EU Bailout over the weekend (bailout of banks not of countries and their people) was ransom paid?
Let's have some four quadrant fun.
X AXIS: The event of May 6th was either a coincidence (a confluence of loosely connected but interactive events) or a premeditated act (most likely a demonstration of power).
Y AXIS: The event was either preventable or unforeseeable.
QUADRANT A: If it was premeditated and preventable then we know who and what happened and we should have the facts by now. But we don't, so I don't think it is "A".
QUADRANT B: If it was coincidental and preventable, it must be that regulating agencies are so ignorant of how the markets work that they did nothing to protect the basis of our economic foundation.
QUADRANT C: If it was coincidental but unforeseeable, why didn't regulating agencies have the contingencies in place so that when the markets move beyond certain control limits (for whatever reason) the stop gap measures prevent a meltdown.
QUADRANT D: This was a premeditated demonstration of power over the market that was so sophisticated that it was unforeseeable and perhaps inconceivable upon which case the only possible response is capitulation to the victor.
What is your vote? A B C or D
Do you think a $1T EU Bailout over the weekend (bailout of banks not of countries and their people) was ransom paid?
Wednesday, May 05, 2010
Why the fascination with gold?
I freely admitted that I trade precious metals derivatives: http://tedbits.blogspot.com/2010/04/from-btq-pdq.html
Now with full disclosure let me tell you that I am NOT a "gold bug" nor do I believe that a country's currency must be backed by gold.
There is a reason why everyone wants nukes and it is not about using them. It is about keeping them in inventory. Don't bet against the dollar because it has the basis of the full faith and credit of the US Government.
And the dollar has very good backing:
Source: The Center for Defense Information (CDI) a member of the World Security Institute. The World Security Institute (WSI) is a non-profit organization committed to independent research and journalism on global affairs.
Now with full disclosure let me tell you that I am NOT a "gold bug" nor do I believe that a country's currency must be backed by gold.
There is a reason why everyone wants nukes and it is not about using them. It is about keeping them in inventory. Don't bet against the dollar because it has the basis of the full faith and credit of the US Government.
And the dollar has very good backing:
Source: The Center for Defense Information (CDI) a member of the World Security Institute. The World Security Institute (WSI) is a non-profit organization committed to independent research and journalism on global affairs.
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