Score one for JBJ

[DeeZire]

Those of us who don’t have JBJ on ignore have noticed a recurring them in his blurts - the idea that an insurrection is coming. According to this piece, he was right about the imminence of the event, but wrong about the location (for now.)

Quoted from The Week magazine, referencing a column in the Irish Independent by Gene Kerrigan

The Irish have had it, said Gene Kerrigan. We are being told that if taxpayers don’t bail out wealthy bankers who made indefensibly stupid investments, the country’s financial structures will collapse. Government ministers “and their banker and builder friends” are clinging together as they “shift the burden to the old, the school kids, the sick, the unemployed.” There is not “even a pretense at fairness” in the government’s plan to squeeze the poor in order to rescue the rich. This is a recipe for “class conflict and social upheaval.”

More than 100,000 people marched through Dublin last week to vent their fury. Does the government have any idea how angry people are, how betrayed they feel?” The talk is not simply of going on strike, but of striking out, physically, at the powers that be. It will be years before our economy recovers from the devastation wreaked by bankers. In the meantime, “the possibility of something awful happening is very real. We’re one swing of a gard baton, one cracked head, away from chaos.”

coverage of the march:
http://www.cbsnews.com/stories/2009/02/21/world/main4817871.shtml?source=RSSattr=HOME_4817871

Gene Kerrigan at the Irish Independent, although the column above does not appear there as of this posting.
http://www.independent.ie/opinion/columnists/gene-kerrigan/

 

[amicus]

You should be aware of the "Tea Parties" in the US, cuz I did a thread on them, you also likely know the price of Gold has gone through the roof as people seek a safe haven for their money before Obama snitches it away.

The 'market' has already gone beneath the 'floor' set by speculators as investors work to minimize the threat of higher taxes and regulation by the new administration and the new Federal Budget.

Business will continue to wither, unemployment will continue to rise, food and energy prices are on an upward trend and will continue and you ain't got Bush to bash any more and placing the blame on prior years will get old real quick.

Insurrection, maybe, maybe not, widespread dissatisfaction, you bet, violence, maybe, maybe not.

What many do not seem to realize, as Ayn Rand did, more than a half century ago, small business people and large alike, seeing the restrictive atmosphere of creeping socialism, will simply cash out their business interests and retire to their own little 'Galt's Gulch', in a million different locations.

The 'smoke shop' I do business at, informed me yesterday, that because of increased tobacco taxes, they will close their doors on April 1st, ahm, April fools day...imagine that!

You may think people are stupid enough to just let you and your ilk take over, but I suggest you rethink that premise.

Amicus...

 

[DeeZire]

You may think people are stupid enough to just let you and your ilk take over, but I suggest you rethink that premise.

Amicus...

Replace "you and your ilk" with "capitalist criminals" and the above quote is just as valid coming from those staging the revolt,

It is rather amazing that a neighborhood kid can go to jail for a $20 mugging, but a CEO can retire in the Bahamas after a multi-billion dollar mugging. This is what's fueling the fire, both in Ireland and the USA.

ETA: I didn't post this thread as an advocate of revolution. I just thought it was interesting that something like this could actually happen - and that one of JBJ's whacky predictions could come true.

 

[amicus]

Don't you get tired of and don't you know that everyone is aware of the Marxist, 'class warfare', you continue to attempt to instigate in post after post?

I mean I am knowledgingly cognizant that I continually express the tenets of individual liberty and a free market, but I attempt to explain and illustrate the values of human freedom.

You keep tooting the socialist horn as a panacea or a pied piper's refrain to lead the people to what....? A closed society where you and the other pointy heads run things?

No thanks, sweety, no thanks.


Amicus...

 

[JAMESBJOHNSON]

DEE ZIRE

I predicted the present Depression, and the Usual Suspects here laughed.

I predict the violence will erupt in the trailer parks and ghettos, first, when the parasites discover that Uncle Sambo's tit has dried up. They'll start looting the Usual Places, to get liquor and HDTVs "for the children."

They'll be followed by the flop-house bums and the college anarchists.

 

[Guest]

Don't you get tired of and don't you know that everyone is aware of the Marxist, 'class warfare', you continue to attempt to instigate in post after post?

I mean I am knowledgingly cognizant that I continually express the tenets of individual liberty and a free market, but I attempt to explain and illustrate the values of human freedom.

You keep tooting the socialist horn as a panacea or a pied piper's refrain to lead the people to what....? A closed society where you and the other pointy heads run things?

No thanks, sweety, no thanks.


Amicus...

You and others with similar stunted development keep shouting socialism.

Replace "socialism" with '9/11" and you sound just like the guy we voted out last year, ami.

 

[JAMESBJOHNSON]

Maybe. But the Magic Negro DID increase troops in Afghanistan by 17000, and he now says Iraq will need about 50000 troops for an indefinite time. Hmmm.

So maybe what youre trying to say is THE MAGIC NEGRO WANTS TO SOCIALIZE THE WAR.

 

[Liar]

There is no Magic Negro, you assclown.

 

[Guest]

There is no Magic Negro, you assclown.

I suppose intelligence in the White House might seem like magic.

 

[JAMESBJOHNSON]

http://en.wikipedia.org/wiki/Magical_Negro

Barack the Magic Negro lives in D.C.
The L.A. Times, they called him that
‘Cause he’s not authentic like me.
Yeah, the guy from the L.A. paper
Said he makes guilty whites feel good
They’ll vote for him, and not for me
‘Cause he’s not from the hood.

See, real black men, like Snoop Dog,
Or me, or Farrakhan
Have talked the talk, and walked the walk.
Not come in late and won!

Oh, Barack the Magic Negro, lives in D.C.
The L.A. Times, they called him that
‘Cause he’s black, but not authentically.
Oh, Barack the Magic Negro, lives in D.C.
The L.A. Times, they called him that
‘Cause he’s black, but not authentically.

Some say Barack’s “articulate”
And bright and new and “clean.”
The media sure loves this guy,
A white interloper’s dream!
But, when you vote for president,
Watch out, and don’t be fooled!
Don’t vote the Magic Negro in –
‘Cause —

’Cause I won’t have nothing after all these years of sacrifice
And I won’t get justice. This is about justice. This isn’t about me, it’s about justice.
It’s about buffet. I don’t have no buffet and there won’t be any church contributions,
And there’ll be no cash in the collection plate.
There ain’t gonna be no cash money, no walkin’ around money, no phoning money.
Now, Barack going to come in here and ........

 

[Le Jacquelope]

Those of us who don’t have JBJ on ignore have noticed a recurring them in his blurts - the idea that an insurrection is coming. According to this piece, he was right about the imminence of the event, but wrong about the location (for now.)

Quoted from The Week magazine, referencing a column in the Irish Independent by Gene Kerrigan

He's not the only person. Remember my thread about hanging these bastards from trees or light posts?

 

[JAMESBJOHNSON]

LE JERK

Unless we hang you first.

In a few months, when you go to get your unemployment check, and a Mexican or Pakistani clerk hands it to you (after the interrogation), you may re-think a few things, then join the Dark Side.

 

[DesertPirate]

I suppose intelligence in the White House might seem like magic.

Shame there isn't any.

Look at his energy tax, your electric, gas, and everything that requires transport is about to go up 10% - 40%!
This his idea of a tax break for the poor!

 

[JAMESBJOHNSON]

The DOW is below 7000 and headed south quickly. 10 TRILLION in stock value is history. Aid to AIG, the banks, and Detroit failed to stop the hemorrhaging. The talking heads are calling 'it' a MINI-DEPRESSION. But its really TITANIC.

The empty suits on the bridge ran this mother fucker into an iceberg the size of Hell, and they dont have a goddamned clue about where to make repairs and no experience bailing water. All they really know is how to steal your future.

The sonofabitch is going down, and its taking Magic Negro with it.

 

[trysail]

Look at his energy tax, your electric, gas, and everything that requires transport is about to go up 10% - 40%!
This his idea of a tax break for the poor!

It's about time somebody pointed that out and I'm not at all surprised that DP is the one to understand that fact and to highlight it.

There is a direct, absolute and incontrovertible connection between the unquestioning, wholesale acceptance of the great global warming hoax and the tax increase that's about to hit everybody— regardless of your tax bracket and regardless of whether you pay any income tax.

No tax increase for the working folk? Yeah, sure. Every U.S. citizen reading this will be paying ( you might as well make those checks payable to: Al Gore and James Hansen ).

 

[JAMESBJOHNSON]

In this state the governor wants a tax on the water people pump with their private wells. This county has already deputized meter readers to cite & fine citizens for various code violations (dogs without tags, over grown grass, boats parked on driveways, etc.)

 

[Belegon]

Shame there isn't any.

That may be the most asinine thing you have ever said on these boards.

You may disagree with his policies, but to deny his intelligence is just championing the kind of pretend-I'm-an-idiot-to-get-votes stuff that Bush and Palin represent.

Keep spitting in the wind if you want, but don't expect me to appreciate your complaints about a wet face.

 

[john-the-author]

You and others with similar stunted development keep shouting socialism.

Replace "socialism" with '9/11" and you sound just like the guy we voted out last year, ami.

I have yet to understand why saying "socialism" is supposed to get everyone scurrying for pitchforks and flaming torches. This seems to be one of those self-evident things to the peasantry that has somehow passed me by. I gather that it was a big rallying cry for the Republicans in parts of their campaign this fall, but that most of their consitutents were unable to describe what socialism >is<, merely that it was really, really bad. Well, jolly good there, kids.

 

[Stella_Omega]

I'm with you there, John. These guys equate socialism with the destruction of all kinds of things that they spell with capital letters... Many of which don't really exist in the first place.

(This thread has brought about half of my ignore list together in a kind of screaming coagulate, it's making me laugh.)

 

[JAMESBJOHNSON]

The peasants never start shit, its always rich, bored kiddies.

Peasants stay peasants.

 

[trysail]

Here are the guys who detonated the financial weapon of mass destruction:

Bloomberg:
AIG's financial products unit was founded in 1987 by ex-employees of Drexel Burnham Lambert, the securities firm that helped popularize “junk-bond” investing. It was headed by Joseph Cassano, who built the business into one that provided guarantees on more than $500 billion of assets at the end of 2007, including $61.4 billion in securities tied to subprime mortgages.

Joseph Cassano— remember that name. When the history of the current fiasco is written, the general public will discover that the trail leads back to him ( the investment world already knows ).

Cassano and his compadres were specifically located ( in London ) so that they would be beyond the reach of U.S. regulators. It was they who wrote the billions of dollars of credit default swaps ( using AIG's then "AAA" credit rating ) that provided the cover for the creation and marketing of all the mortgage-backed toxic waste. AIG's imprimatur allowed the financial alchemists to magically transform sub-prime garbage into what was marketed (to fools and idiots) as "safe."

For anyone with any knowledge of capital markets and investing, it comes as no surprise that the heritage of the current debacle can be traced back to Drexel, Burnham. That firm spawned swindlers, Michael Milken being one of the foremost.

Cassano was ground-zero in the daisy chain.

ETA: Along with, of course, the Congress of the United States whose creation and meddling with Fannie & Freddie provided the fissile material.

 

[Stella_Omega]

Here are the guys who detonated the financial weapon of mass destruction:



Joseph Cassano— remember that name. When the history of the current fiasco is written, the general public will discover that the trail leads back to him ( the investment world already knows ).

Cassano and his compadres were specifically located ( in London ) so that they would be beyond the reach of U.S. regulators. It was they who wrote the billions of dollars of credit default swaps ( using AIG's then "AAA" credit rating ) that provided the cover for the creation and marketing of all the mortgage-backed toxic waste. AIG's imprimatur allowed the financial alchemists to magically transform sub-prime garbage into what was marketed (to fools and idiots) as "safe."

For anyone with any knowledge of capital markets and investing, it comes as no surprise that the heritage of the current debacle can be traced back to Drexel, Burnham. That firm spawned swindlers, Michael Milken being one of the foremost.

Cassano was ground-zero in the daisy chain.

ETA: Along with, of course, the Congress of the United States whose creation and meddling with Fannie & Freddie provided the fissile material.
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So, we have a guy who sidestepped regulation.

And marketing techniques, spawned by free enterprise.

oh yeah... regulation, somehow, made them do it.

 

[trysail]

So, we have a guy who sidestepped regulation.

And marketing techniques, spawned by free enterprise.

oh yeah... regulation, somehow, made them do it.

Stella,
You and I both know that you can write laws, regulations and codes of ethics 'til the cows come home and it has never and will never prevent bad actors from playing their appointed role in life. I've seen it throughout my career.

Read the whole sorry tale:
NY Times
September 28, 2008
http://www.nytimes.com/2008/09/28/business/28melt.html

 

[rgraham666]

I find it endlessly amusing that the political faction most in favor of 'law 'n order' also bitches endlessly about the 'burden of financial regulation'.

You'd think they didn't understand their own arguments or something.

 

[trysail]

I find it endlessly amusing that the political faction most in favor of 'law 'n order' also bitches endlessly about the 'burden of financial regulation'.

You'd think they didn't understand their own arguments or something.

Is there a point or a thought buried somewhere in there?