The Gods Must Be Crazy!

"All Gods Are homemade, and it is we who pull their strings, and so, give them the power to pull ours."

          Aldous Huxley

                  

Dedication of the George W Bush Library.  The presidential library is a government run, privately  funded system that harkens back to the days of Rome when infrastructure and buildings were consecrated to bolster the image of the Gods who ran the empire.

This article is the 3rd installment on my series of articles related to Power.   A quick recap....

My first article "Power" focused on the work of Adolph Berle, an ultimate insider during the FDR administration, who concluded based on numerous historical references that Power ultimately loses control whether it be economic, political or institutional power such as the corporation.  Institutions, government or private, are necessary for a power holder to channel his power. 

Next we looked at Maybury's two laws based of the work of Richard Maybury. 

  • Do all you have agreed to do
  • Do not encroach on other persons or their property.

These two laws are the basis of all contract and criminal law.  Maybury observed that countries that obey these two laws experience periods of relative peace, liberty and prosperity.  Countries that do not follow these two laws and follow the Roman Model, do what whatever is necessary, at all costs, create a condition which he has coined  "chaostan"

Now we will look at a few ways in which power is often achieved through the use of clever propaganda and instilling fear into the populous and the use of Pseudo-Events

The word pseudo-events was coined by the author Daniel Boorstein in his seminal publication "The Image, A Guide to Pseudo-events in America" published in 1961.   

Boorstein asserts that history is  manufactured, specifically the image of power holders.    Napoleon was a brilliant propagandist who would send reports of heroic victories back to the media of his day.  These reports exaggerated the victory and created a larger than life figure.  Napolean produced medallions with with his image to promote himself.   Napoleon like so many kings and emperors used propaganda and often superstition to recreate themselves as immortal God's.

Franklin D. Roosevelt hid the fact that he was in a wheel chair and paralyzed from the waist down in order to portray the image of strength and not that of an invalid.  He went to great lengths to deceive the public.  In New York City's Grand Central station there was a secret track in which FDR's train car would pull into to get access to the elevator of the Waldorf Astoria so he would not be seen in his wheel chair.

Power holders realize that the need for authority is a basic psychological need in the human species.  Anybody that understands the basic principles of depth psychology is able to use those principles to their favor to win the hearts and minds of a gullible public through deception.   Advertisers understand how to create a desire in an individual through the use of pictures to tap into basic human needs.   Power holders understand that the stress of everyday life and uncertainty foster the need for authority. 

When man has no other way to understand events, he will seek out an authority figure to provide answers unable to work out decisions for himself.  This is a very basic tenet of Depth psychology.  Power holders and news media understand this basic premise and through clever use of postulates and images are able to take advantage of  this basic human need. Postulates are nothing more than beliefs or statements.  

"Gold will go to $5000.00" is a postulate.   Campaign slogans are postulates.   Repeat a postulate enough times the mind accepts these postulates as true whether or not there is any good reasoning to support them.   A good postulate will seek an emotional response from the recipient.  I've recognized there are two kinds of investors, one's who premises are based off of postulates they accept from others, and those who have a working model of markets.  

One of the ways kings and emperors created the image of authority was by consecrating and naming buildings, edifices, streets after themselves and engraving their names and images on the coin of the realm along with symbols that represented  power.  The tradition of putting the face of a politician on a coin was part of the Greco-Roman tradition.  

SYMBOLS AND POWER

Another way in which government will seek to impress the minds of a gullible public is through the influence of symbols.  Symbols are powerful archetypical expressions of human nature which occur in all cultures at all times.   They are found in Paleolithic caves and are part of the collective consciousness of civilization and are powerful emotional triggers.  While the written and spoken word are what man uses for everyday communication, words get misinterpreted where as symbols are explicit representations of reality, concepts, objects, actions of the world.   Symbols also can penetrate deeply within the psyche of man to express a deep wisdom, or they can be corrupted and used to exercise authority.   A flag is a symbol that instills feelings of patriotism.  We will take a closer look how Roman and Greek used symbols to support their quest for power and authority. 

In late August, I was enjoying a swim on at a local beach, when a large man made a rough and tumble entrance into the water.   It was one of those show boat entrances that has no consideration for the water temperature or those around him.   He finally comes up for air, and I  see a tattoo scrawled across his belly-F_- & The Government.  He then turns around to face the shoreline and on his back is a life size double-headed eagle. 

The double headed eagle was a symbol used during both the Byzantine and Holy Roman empire and has been used as a power symbol in other fascist societies.   It represents the will of the power holder to do whatever is necessary without limits.  The King or the Emperor receives his power directly from God and he is answerable to nobody.  While I have complimented individuals on their tattoos', this was one gentleman I was not going to make small talk with.  On one hand the tattoo with the double headed eagle embraced the principle of power and tyranny, at the same time his slogan indicated to me that he likely had no fear of authority and only embraced the same model of the Holy Roman Empire. 

Divine Rights of Kings is synonymous with the history of royalty.  Franz Oppenheimer in his work "The State" wrote about the origin of the state and that it historically proved to be "a foundational attack on the structure of modern society. "   He writes "Everywhere, we find some warlike tribe of wild men breaking through the boundaries of some less warlike people, settling down as nobility and founding its state"     He aptly describes the Roman model of government that reflects America's current imperial model.  

All the castles you see in Europe and all over England on when you are walking around with your little camera's are remnants of the Roman empire.   After the break up of the Roman, Europe descended into Feudalism.   Nothing more than gangs of roving thugs that would attack and overrun one of the Roman plantations.  The gang would turn the workers into slaves or serfs and then force the serfs to build them castles.   The thieves would then set up a government from within the castle and collect taxes from the serfs within their kingdom.  This is the history of what we know as Royalty today.  All the glamor, and wealth society associates with royalty was won through violence and conquest.   

The last US election is another perfect example of the Roman model of government.  Two candidates fighting over how Central government should run your life.  And then there was Ron Paul, the libertarian candidate, whose campaign was based on how we should  reduce the meddling of central government in people's lives.   To most of the American public this notion is just absurd.  

Most American's have been taught that Government is God and that their security is depended on government being involved in every area of your like - In loco parentis 

It's the same old story of power vs liberty.    Governments meddling in citizens everyday lives and the affairs of other countries eventually leads to to taxes, financial repression, war, business and personal financial failures and usually done through inflation. 
  
Alexander the Great was one of the first individuals to understand the power of symbols engraved upon coinage to foster his image. This is the first coin Alexander the Great coin.    On the front he is wearing a Corinthian helmet  and on the obverse side a picture of Nike, the Goddess of Victory, wearing a laurel wreath.  Symbols of God's and Goddess' as well as the invocation of plants were power symbols known to all the citizenry during the Greco-Roman period.   The Nazi's also understood the potent effect of symbols and adopted many of the symbols of the Holy Roman Empire.  The Nazi symbol is a power symbol which was an inverted symbol of the Thor's Hammer,  Norse Lightening God.   It also was a symbol used  who yielded a powerful hammer.

The Greek and Roman God's and Goddess's were more than fictional characters created by writers with vivid imaginations.  They represented  forces in nature.  Zeus, the God of war, was the father of all the Gods, and Hera the mother Goddess and down the hierarchical chain of Gods and Goddesses Apollo, Aphrodite, and Athena.   These Gods were based on a system of nature worship.  

The idea is that man can use these forces in nature and direct them for their achievements.  Just as many indigenous cultures today still do sun and rain dance and call on these forces or God's.  They also believed that animals and plants and tree's were powerful totems which you could invoke the powers of their spirits.   We see these same Gods used in Nordic, Rome, Egyptian, and Assyrian traditions In all these cultures, they were called upon for self protection or create havoc for their enemy. 

Roman power holders put together a doctrine that says man is weak.  Man is an animal, and lives at the mercy of a high power that can only be worked through a priest or a magician.  If a king was able to establish this role as ruler and divine agent, he had absolute power over his kingdom.

While you might think these are quaint superstitions, this form of worship is still practiced today and it's remnants can be found on coinage around the world including the US coins.  Laurel wreaths can still be found on US coinage which is associated with the Goddess Apollo and was also worn by the Roman Emperors. "The expression "resting on one's laurels" refers to someone relying entirely on long-past successes for continued fame or recognition, where to "look to one's laurels" means to be careful of losing rank to competition"  However, it also was believed to protect the King from harm based on the plants superstitious qualities. 

After Alexander conquered the  Persian Empire, along with the rest of Asia Minor, he created an Imperial coinage as a common currency for the new empire.   The symbols were way in which he could unify the varied territories under his domain. 

Whenever he conquered a new city or nation, he immediately ordered his coinage to be struck and distributed.  hand.   The Alexander coin has Hercules  him on the front . On the back  was the supreme god, Zeus, who was the father of Hercules although some of argued that it is Alexander himself but experts say there is no convincing evidence. The image implies that Alexander is born of the Greek god Zeus and made mortal. Hercules attained divine status by accomplishing 12 great tasks on Earth known as the 12 Labors. The idea of a man becoming a god  was an attractive image for Alexander. The headdress that appears on the head of is the lion skin of the lion that was killed by Hercules during his first labor.

 

The "Nazi Standard" copied from Greco-Roman period. The Reichsadler ("Imperial Eagle") was the heraldic eagle, derived from the Roman eagle standard, used by the Holy Roman Emperors and in modern coats of arms of Germany, including those of the German Empire, the Weimar Republic and Nazi Germany. The same design has remained in use by the Federal Republic of Germany since 1945, but under a different name, now called Bundesadler or Federal Eagle rather than imperial eagle.

A denarius dedicated to Empress Faustin the Elder, wife Anoninus Pisus and the first empress to have a permanent Seat of Power. After her death, she was consecrated as a Goddess and had deification coins as well as temples build for her.

g

Roman Fascists

The Term fascism is derived from a roman object known as a fasces.   It was a bundle of sticks tied together and bound.   It represented unification of people under a single government.

This unification was usually by force if necessary.  An ax was added to the fascist to indicate the fate of anyone who didn't obey the government. The fascists was an ideal metaphor for the Roman political model.  They believed in a strong central government which could tax, control the population and fight wars. 

A statue of Cincinnatus in Cincinnati, Ohio.

This period in Roman history is  known as Pax Romana or relative peace.   The peace was not a result of a government that guaranteed liberties, but due to a policy of do what you are told or get taken away.   And those states that tried to declare independence were crushed.  Under the Pax Romana,  the Roman Empire was expanded over two million square miles including current day United Kingdom. 

The fascist also had a more superstitious use as they were incorporated in many of the Roman buildings to keep away evil spirits. Today, people still bundle together herbs and burn them in hopes of keeping their space clear of evil spirits and a bundle of sticks was used to great effect in the Blair Witch Project.

Roman Fascists at Lincoln Memorial

Mercury Dime or Roman Denarus?

The United States first began as a union founded upon common or higher law.  Gradually, common law has been replaced by political law or force similar to the Roman model.   This is the model that both democrats and republicans have incorporated into their platforms.    Obamacare is an example of government trying to unify the population under one system that denies individuals of free market choices.   Anything economic that tries to unite people under the power of central government is based on the Roman Model. 

Any geopolitical policy that seeks to unite countries under one model is part of the Roman Model.   The IMF a super bank is based on the Roman model as is the United Nations which is essentially a super goverment trying to create a  Pax Romana.

American Exceptionalism

Obama's use of the phrase American exceptionalism is another throw back to a time past and men were Gods.   The divine qualities gave men license to do whatever they wanted without check and balances.  So when the President says that he has the right to attack another land without permission from Congress, he is invoking the Roman Model.  Remember political law is the Roman Model.  Nothing stops congress to pass laws to give any government official any power he do whatever he feels needs to be done.   "You are either with us, or you are not"    When the President says that we have a responsibility as a nation to do the right thing, where in the founding documents gives one executive the unchecked powers to commit acts of war?   Again, these actions fit into the roman model.

Another reference to the Roman Empire that we find in our political system is the term "inauguation"Kings were often chosen by soothsayers or augurs.  The augurs would use their magical powers to talk to the God's to select the King.  When the king was chosen, he was then inaugurated and thereby given magical powers.  Fear was of the primary tools of Kings.  As I've mentioned in a previous article,  The Golden Bough by Frazier is a historical  on the superstitions that were used to keep the population in fear.   Sun won't go down.   etc... Is there a modern day equivalent? 

One would have to ask what is man's greatest fear?  Is it not fear of lack of security and ultimately death.    It was FDR that said that changed the paradigm of the pursuit of happiness from an individual pursuit to one where man could no longer do it without the aid of government.  For economic forces left to their own devise would ultimately fail.   Anything that man relies on government for his security is man giving away is personal sovereignty away to another.   If I can convince you that your livelihood and security depend on my intervention in your life, I then control you. 

Opened in Oct. 2012, 53 million dollars of tax payer money was used to fund a park named after and dedicated to a President who single handedly made the pursuit of individual liberty and prosperity a government run program.

All Roads Lead To Rome

e

Public infrastructure was the perfect advertising venue for kings. Roads were vital Roman roads were named after the censor who had ordered their construction or reconstruction. The same person often served afterwards as consul, but the road name is dated to his term as censor. If the road was older than the office of censor or was of unknown origin, it took the name of its destination or of the region

Have the New God's Risen? 

The one constant through all the years, Ray, has been baseball. America has rolled by like an army of steamrollers. It has been erased like a blackboard, rebuilt and erased again. But baseball has marked the time. This field, this game: it's a part of our past, Ray. It reminds us of all that once was good and that could be again.

What better way to find your way into the hearts and minds of every American than to be inextricably connected yourself to the American's past-time?

From Field of Dreams to Field of Debt.  Banksters own American Sports Franchises?

"Every People Have Gods To Suit Their Circumstances    Henry David Thoreau

102 Comments

achmachat's picture

thanks

This place is a neverending source of 1A info!

silver66's picture

Second

And I read the article. Another outstanding one.

Keep up the posts GL

Silver66

Hammer's picture

Symbols are first and

Symbols are first and foremost art "a picture speaks a thousand words."

They are turned into symbols by those that would............

Green Lantern's picture

Research the origin of the

Research the origin of the caduceus

TomMack's picture

Eagles

lincoln financial field

Gramp's picture

Bone Chilling...

If Money is a kind of metric for one's time and effort  on this planet, then placing Kings, Queens, Presidents, ect on coinage is a strong and constant reminder... Of who runs the show... Who you are working for.

     Then along these lines, early U.S Coinage would be  found to be inspiring, as where those who worked to hammer out the principals of fledgling Nation. 

   The early U.S. coins often depict 'Lady Liberty', rather than the myriad of World leaders common to coinage of the period.

An example:

   To me this is more evidence, the Men who worked so diligently to create a prosperous Nation, did so for virtuous reasons, seeking relief from the known oppressive systems of the past.

boatman's picture

Don Coxe

i am just reporting this, not necessarily agreeing

tho for now i tend to.

if forecast is true, this will launch big inflation which afterall, is the weakness indicator for a currency.

of course, this sets us up for the BIGBADABUST coming............the big one.......

says gold has bottomed and is 'guardedly optimistic' on world recovery for NOW.

gold and commodities and DOW to rise on slowly accelerating econ conditions.

for NOW.

http://www.coxeadvisors.com/Don_Coxe_-_Coxe_Advisors/Coxe_Webcasts%3B_Sept._13,_2013.html

DeaconBenjamin's picture

Don't forget Enron Field in Houston.

Oh, wait.....

silver foil hat's picture

Worthy of a repost from last year

DeaconBenjamin's picture

The early U.S. coins often depict 'Lady Liberty'

...wearing a Phrygian Cap

Phrygian cap,  soft felt or wool conical headdress fitting closely around the head and characterized by a pointed crown that curls forward. It originated in the ancient country of Phrygia in Asia Minor and is represented in ancient Greek art as the type of headdress worn by Orientals. In Rome the Phrygian cap was worn by emancipated slaves as a symbol of their freedom. During the 11th and 12th centuries, it was again extensively used.

Phrygian cap

The Phrygian cap once more became the emblem of liberty in the 18th century during the French Revolution, when it was adopted by the Revolutionaries as “the red cap of liberty.” It continues to be associated with the national allegorical figure of Liberté.

Robespierre's picture

You Left One Out........

th?id=H.4659228940370607&w=185&h=181&c=7

Watcher's picture

Psalm 2

 

Thanks GL. Good stuff.

Whenever I read about the Money Masters and wicked Rulers of the world who think they can enslave everyone so they can rule the world I think of this one Psalm, Psalm 2. As a Christian the only hope I have for this world is for Christ to return and establish His kingdom once and for all.

 

Psalm 2

Living Bible (TLB)

"What fools the nations are to rage against the Lord! How strange that men should try to outwit God!  For a summit conference of the nations has been called to plot against the Lord and his Messiah, Christ the King.  “Come, let us break his chains,” they say, “and free ourselves from all this slavery to God, His Son and His Word.”

But God in heaven merely laughs! He is amused by all their puny plans.  And then in fierce fury he rebukes them and fills them with fear. For the Lord declares, “This is the King of my choice, and I have enthroned him in Heaven.”

His Chosen One replies, “I will reveal the everlasting purposes of God, for the Lord has said to me, ‘You are my Son. This is your Coronation Day. Today I am giving you your glory.’ Only ask and I will give you all the nations of the world to rule them with an iron rod and smash them like clay pots!”

O kings and rulers of the earth, listen while there is time.  Serve the Lord with reverent fear; rejoice with trembling.  Fall down before his Son and kiss his feet before his anger is roused and you perish. I am warning you—his wrath will soon begin. But oh, the joys of those who put their trust in him!"

boatman's picture

more commodity and PM rebound expected

[with GDX at its lower diagonal support line........next 10 days are crucial....IMHO.]

another Don Coxe

http://www.coxeadvisors.com/Don_Coxe_-_Coxe_Advisors/Coxe_Webcasts%3B_Sept._20,_2013.html

stockoneder's picture

Why the force?

Answer this question: If government is so great why the force?
What is the purported purpose of government? It is supposed to protect your life, liberty and property, right?
Well that sure sounds good. What sane and normal person wouldn't want those things protected. The answer is they all would.
Government sounds pretty good so far. Seems like an easy 'sell' to me. I want my life protected from thugs, killers, and all kinds of bad guys who would physically harm or assault me. And who wants to be a slave or thrown in a cage? Of course I want my liberty protected as I know you do too. And property protection? Yeah, I want that too. I don't want to be robbed of anything I worked hard to acquire. My property is an extension of my life and the hard work, sweat and expended capital it cost me to get.
So the story is people(well some did) formed governments to protect all those things.
Now lets look at this a different way. Think of government just like any other product you purchase for various reasons like; Its cool, I want it, it adds to my life, it makes me healthier, I need it, I can profit from using it, it makes life easier, safer, more fun, etc.
We all buy things all the time which meet those criteria and do so happily and by choice, right?
I buy fire insurance to protect my house. I buy a car to travel and get around. I buy food to eat. I buy internet access to learn, shop, interact with others and to make money. I buy a gun to protect my life and property from bad guys. And all the things I buy are by choice. None of the sellers forced me to buy their products or services. I chose them because they looked like good values to me and I decided they would benefit me, to own and use them.
I'm sure you use the same criteria in deciding what you want to buy and which businesses or people you will buy from. And none of those decisions are forced on you either. And that is the way it should be and the way an economy(a free economy) works best. Lots of different people producing  goods and services and buying and selling as they individually determine to be in their self-interest.
So here is a very important question I hope you think about: Why is government FORCED on you? Why can't you just choose for yourself, if the products and services it offers, are worth buying or not? Why do the people trying to 'sell' it to you have so little confidence in their product they resort to force? Why can't you choose something else? Ever thought about that?
Apple seems to be doing real well selling their products, without force. Same with Whole Foods and Walmart. Costco sells all kinds of stuff and has a huge business, all without putting any guns to their customers heads to make them buy their stuff.
If none of them(or thousands of other companies) need to resort to force to sell their stuff why does the government always use force to make you a 'customer'? Maybe their products aren't so hot. Ever think of that? Maybe if the gun was taken away they would sell very little. Maybe they wouldn't be able to sell anything at all because the cost is far to high and the quality is so low. Or the product is just so inferior it doesn't even work or do what it claims to do. Do you think that is possible? ?      I do.
You know any government services you think are a bargain? Can you name one product(would you spend any of your money on any of this stuff?) you would gladly buy from them at current costs?
Isn't competition supposed to be good for everybody? Doesn't it lower costs and improve quality and selection and availability? Why doesn't government allow any competition to any of its 'products' and services'? Ever think about that? What are they afraid of?
The sad facts are and the cold, hard truth is government is such an inferior product, on every level and so outrageously expensive, it can ONLY be 'sold' with force and by putting a gun to your head leaving you no real choice whether or not to 'buy' it.
Don't you think we are way past the time to have a 'free market' in government? Just think of all the entrepreneurs and brilliant people who would come up with all kinds of competing products and solutions which would be far better and cheaper than the crap government has been putting out and forcing you to buy. I bet power and transportation and food and protection and health care and education would be completely changed for the better and become much much more affordable, superior and desirable.
But, we will never know as long as people keep obeying authority and the gang, known as government, continues to maintain it monopolies with deadly force and violence.

¤'s picture

GL

Another interesting and unique piece...loved it!

Dr Jerome's picture

Well done

You've earned a grade of "A" for this essay GL. Coherent, concise and illuminating!

Thomas Paine had much to say on the same topic to persuade the American colonists to eschew the king of England:

Male and female are the distinctions of nature, good and bad the distinctions of heaven; but how a race of men came into the world so exalted above the rest, and distinguished like some new species, is worth enquiring into, and whether they are the means of happiness or of misery to mankind... 

This is supposing the present race of kings in the world to have had an honorable origin; whereas it is more than probable, that could we take off the dark covering of antiquity, and trace them to their first rise, that we should find the first of them nothing better than the principal ruffian of some restless gang, whose savage manners or pre-eminence in subtility obtained him the title of chief among plunderers; and who by increasing in power, and extending his depredations, over-awed the quiet and defenceless to purchase their safety by frequent contributions. 

TomMack's picture

thanks GL

I meant to find a pic of the philly eagles "Lincoln Financial field and post it to my top 10 message but i got long distracted and missed the edit window.  Anyway thanks for an excellent post.  I especially enjoyed the connection to fascism  and the fascia on the back of the winged liberty dime (aka mercury dime).  i have been a collector of them and never made the connection.  the condition of the fascia is very important to the grade and value of the coin. 

0mMercury Dimes, 1916-D 10C MS67 Full Bands PCGS. CAC....Mercury Dimes, 1916-D 10C MS67 Full Bands PCGS. CAC.... PGCS has the value of a 1916-D at $175,000.  heritage auctions has one up for bid!

Turd Ferguson's picture

fwiw

MODERATOR
Urban Roman's picture

Now I want to fish my Chris

Now I want to fish my Chris Duane "Slave Queen" out of the lake and fondle it. 

slave queen

Green Lantern's picture

United Nations General Assembly

is now in session.  All the worlds emperor's have gathered  Iran and Syria on the agenda.  King O to speak soon.

http://worldnews.nbcnews.com/_news/2013/09/23/20641931-five-burning-questions-about-high-stakes-un-general-assembly?lite

¤'s picture

New Lending "Facility" Seems Significant

Sounds like another Fed water spigot that many countries desperately need access to.  Right on the heels of the "non-taper" this new facility gets rolled out?

H'mm...and then there's the Monte Paschi bond  debacle right after the Merkel election? Europe sounds like they're about to make use of that Fed facility sooner then later.

How many trillions of under the radar USD will the Fed being willing to lend out and how much new capital will a EU banking meltdown require? 2-3 trillion EUR or more?

Bill Dudley Explains The Fed's Logic Behind The New Overnight Reverse-Repo Facility

Much attention has fallen on the Fed's recent announcement that a new fixed-rate, full-allotment overnight reverse repo facility is in the works (so much so that both shadow banking experts Singh and Stella have opined on the issue). It appears that despite the Fed's "best efforts" at communication, not enough clarity has been shed on the topic. So here is Bill Dudley's explanation....(more)

Zerohedge.com

 
Turd Ferguson's picture

Yes it is significant

MODERATOR

And in classic Fed fashion, it's a contradiction. A "Reverse Repo Facility" would normally drain liquidity. Instead, this will ADD liquidity (new money) by subsidizing an artificially higher than market interest rate.

More here: http://www.zerohedge.com/news/2013-08-25/logic-behind-feds-overnight-reverse-repo-facility-adding-liquidity

Magpie's picture

For Katie Rose. WA non-GMO alfalfa crop contaminated

with GMO traits, and rejected for export.

http://mobile.reuters.com/article/idUSL2N0HD1SQ20130917?irpc=932

القراع عصفور's picture

pseudo events, spin, hate, Hegelian dialectic, "maroons", etc.

"How many Republicans in Congress would be out there yelling about the need to save 0.086 percent of the budget by stopping no good cheats from getting food stamps? As much as people might want to stop these no good cheats from getting food stamps, most people would probably think that their representatives in Congress should be dealing with more important issues. Maybe they should be talking about something that affects at least one tenth of one percent of the budget."

http://www.cepr.net/index.php/blogs/beat-the-press/the-new-york-times-is-responsuble-for-the-republicans-war-on-snap

DeaconBenjamin's picture

Liberty with a Phrygian Cap

Capped50-66o.jpg

Urban Roman's picture

Meanwhile the nuclear news continues ...

All the mouth breathing hysteria about whether Iran does, or does not, have a nuclear program (guess who supplied Iran with its first reactor?), and no attention at all to the slow crisis unfolding here: 

http://enenews.com/cracks-discovered-in-u-s-nuclear-plants-reactor-shield-cracks-from-2011-are-spreading-group-the-structure-is-compromised-nrc-public-safety-not-compromised-based-on-the-current-inform

Should we license them for another twenty years? What'ya think? 

So apparently, it is not OK to deliberately spread fission products around, but if you do it "accidentally", you are permitted to strew the planet with tens of thousands of times as much fission product...

admin's picture

Why Do So Many Banks Put

Why Do So Many Banks Put Their Names On Stadiums?

... when a bank buys a sponsorship, they're not just getting the right to paste their name on a big building — they become financial partners with the team.

Bank sponsors can help with budgeting, ticketing, and even media rights. They're able to issue affiliated credit and debit cards, set up ATM's inside the venues, and have big box seats to use at their leisure.

That's why banks have signed more than $2 billion worth of naming rights contracts since 1998, with deals ranging from five to 30 years.

HSBC Arena — 20 years, $15 million (1995)
EverBank Field — 5 years, $16.6 million (2010)
Scotiabank Place — 15 years, $20 million (2006)
BankAtlantic Center — 10 years, $22 million (2005)
PNC Park — 20 years, $30 million (2001)
Edward Jones Dome — 12 years, $31.8 million (2002)
Raymond James Stadium — 13 years, $32.5 million (1998)
Wells Fargo Center — 21 years, $40 million (2004)
Citizens Bank Park — 25 years, $57.5 million (2003)
Chase Field — 30 years, $66 million (1998)
Comerica Park — 30 years, $66 million (2000)
M&T Bank Stadium — 15 years, $75 million (2003)
RBC Center — 20 years, $80 million (2003)
Invesco Field at Mile High — 20 years, $120 million (2001)
TD Garden — 20 years, $120 million (2005)
Lincoln Financial Field — 21 years, $139.6 million (2002)
Bank of America Stadium — 20 years, $140 million (2004)
Citi Field — 20 years, $400 million (2008)
Barclays Center — 20 years, $400 million (2007)

Read more: http://www.businessinsider.com/banks-stadium-naming-rights-2011-2?op=1#ixzz2fjZhjeni

engineering edge's picture

So in theory, will it

So in theory, will it increase money velocity? or will it average out the higher treasurery notes coming due?

John Galt's picture

Bullish PM news in 2012

Every so often when something newsworthy happens in terms of PM "fundamentals" I will jot down notes for future reference. Here are some that I jotted down in 2012.

January 25, 2012 - Bernanke announces that interest rates will stay low until 2014 and the door remains open for more monetary stimulus. This, apparently, was the news that shot gold higher by $35.60 to $1699.80 and silver higher by $1.16 to $33.09.  Both PMs continued to rise and by Friday Jan. 27 gold closed at $1732.20 and silver at $33.76.

June 29, 2012 - Angela Merkel apparently agreed to Spanish and Italian demands for financial assistance. Markets soar. gold up $49.70 to $1603.50 and silver up $1.23 to $27.58.

Sept. 13, 2012 - Bernanke announces equivalent to QE3 (Operation Twist.) causing gold and silver to shoot higher.

Nov. 6, 2012 - Obama re-elected. Gold up $31.90 to $1714.10 and silver up $0.91 to $32.02.

Now more than 10 months later I see gold printing today at $1327.80 and silver at $21.90.

I won't even begin to speculate as to what, if anything, that means. Perhaps we are simply having a very interesting year.

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