Project Mayhem

“The Mechanic: In death, a member of project mayhem has a name, his name is Robert Paulsen. His name is Robert Paulsen. His name is Robert Paulsen. His name is Robert Paulsen...”Fight Club (Palahniuk / Fincher / Uhls) video here

In the grand scheme of things, the act and its impact (symbolic or direct, transcendent or practical) is more important than the man. But we as humans are endlessly fascinated with the concept of personal sacrifice, find it easier to elevate ideas, values and beliefs if they can be exemplified by and crystallized in a single representative human figure. Call it personality cult, messiah-worship or simply an honoring of historical heroes, the trend seems as old as human civilization itself. The connection to a set of ideas is made much easier and lasting by imprinting its essence on an actual person that average people can relate to and try to identify with. Deities are anthropomorphized for this same reason. This may ALSO be the reason why the Chinese authorities have yet to reveal/confirm the identity of THIS man (thought to be  Wang Weilin (王维林) ). We’ve all seen the image:

What many may not have seen, or remember, was this version of the same image. That's a tank batallion, or more.

No man, no attachment, no cult. Charismatic, popular leaders and/or icons are necessary for ANY idea to change social consciousness. Whether the realistic busts/statues of rulers from Egypt through Rome, the faces of rulers on coinage, Christ/Mohammed/Buddha, the topless Liberty of the French Revolution, the personality cults of totalitarian regimes from Germany to Oceania, faces DO matter.

Destroy the man/woman physically, and the idea is often ELEVATED, not dispersed. Consider Joan of Arc, Jesus of Nazareth, most of the early Catholic saints (who had to have been martyred to be considered for canonization). Hence the importance of destroying the reputation of and marginalizing anyone today. Historically, it was one of the reasons why dissident leaders were eventually gaoled instead of hanged/drawn & quartered. Kangaroo courts and show trials 1940's - 1960's. Today, witness the character assassinations of any number of people trying to speak the truth, most recently Bradley Manning, Julian Assange and Edward Snowden. Though there may be remarkable, courageous people who are not afraid to die, very few exist who are not vulnerable to blackmail or systematic PR assaults. And for those few from the latter category, high-velocity lead remains as a last resort – but in those cases a much more difficult task remains of paying lip service to honoring the fallen leader, while in truth defiling his legacy (JFK? MLK? RFK?).

The reason I bring all of this up is due to the unusual and persistent anonymity of a group of exceptional men and women. These folks took a stand, stood up to be counted. At first through 'acceptable' channels, through law-abiding traditional methods. And when they realized that sanctioned forms of (controlled) opposition such as political activism, protests, letter writing, petitioning politicians, collecting signatures, organizing sit-ins were ineffective, they decided to take a calculated risk with their livelihoods, freedom and reputations, and did what needed to be done. They took no credit, they sought no limelight or recognition. For good reason, of course. Yet, ironically, because they were successful in evading detection, they perhaps lessened some of the impact of their (unquestionably courageous and ultimately effective) deed.

But doing service for one’s community, for one’s fellow citizens, one’s nation and for human values in general is not about clamoring for recognition (and certainly not about satisfying the demand for catharsis of mere spectators such as myself, with no skin in the game).

The story, when I first read about it, brought an immediate glow of cheer and an almost uncontrollable urge to grin ear-to-ear. The more I read, the wider the grin became. At least for me, stuff like this really reaffirms my faith in the better side of humanity – and ultimately is one of the things that has the power to give hope.

In 1971, a small group of eight determined, dedicated people in and around Philadelphia gathered to try to find a way to expose and end the FBI’s domestic surveillance and destabilization efforts against the antiwar movement and the political left. While at that point the Bureau was not quite the (gargantuan) intertwined many-headed hydra that is DHS/DOD/DOJ – it was still very much a tremendously risky operation by eight amateurs. The plan: to break into a small, 2-man satellite office of the FBI in the Philadelphia suburb of Media (the irony is no lost on me…) to try to find documentation of the extensive and patently unconstitutional activities of the agency.

After months of planning, preparation, stakeouts, casing the office in person (exposing one of the members to potential suspicion/targeting later), on March 8, 1971 (International Women's Day, as they took care to point out in their subsequent letter to the press) the group made its move. Breaking in with some difficulty despite meticulous practice beforehand, the group ultimately carted off more than 1,000 files in suitcases – along with an autographed photo of J. Edgar himself.

The full cast of characters may never be known. But those who consented to being named:

Bonnie and John C. Raines  (looking a little rueful, perhaps after losing their latest purchase of shiny on the way home?). Their efforts are all the more laudable considering the fact that this was them in 1971.

These days, the same sparkle is in the same eyes:

Bob Williamson (a few years ago, and more recently)

 

Keith Forsyth then and nowadays:

 

William C. Davidon a few years before the operation (right-click image to open in new tab to enlarge and read the caption), and the only more recent photo of him that I could find. Just in case eBay deletes the first image, you may be able to find it in the form of WirePhotos, which the image below is.

'William C. Davidon, 42, a Haverford, PA, College physics professor active in peace movement, who was named as a co-conspirator in a plot to kidnap Presidential Advisor Henry A. Kissinger' (AP AAA Wire Story - wfa 4 0700 files - 1971 EDS - a 1966 photo)'

 

His obituary is here – he passed away late last year. If this post were worthy of being dedicated, it would be to his memory --- and of course to the other named and unnamed co-conspirators.

The lady who first published the news and details of their findings in the Washington Post despite Attorney General Mitchell’s appeals to Executive Editor Ben Bradlee not to do so (the first of many such requests, as it turned out…), and ultimately wrote the book 'The Burglary', which came out yesterday : Betty Medsger:

From a great piece on the event in the LA Times from 2006:

“The FBI, after building up a six-year, 33,000-page file on the case, couldn't solve it. But it remains one of the most lastingly consequential (although underemphasized) watersheds of political awareness in recent American history, one that poses tough questions even today for our national leaders who argue that fighting foreign enemies requires the government to spy on its citizens. The break-in is far less well known than Daniel Ellsberg's leak of the Pentagon Papers three months later, but in my opinion it deserves equal stature.

Found among the Media documents was a new word, "COINTELPRO," short for the FBI's "secret counterintelligence program," created to investigate and disrupt dissident political groups in the U.S. Under these programs, beginning in 1956, the bureau worked to "enhance the paranoia endemic in these circles," as one COINTELPRO memo put it, "to get the point across there is an FBI agent behind every mailbox."

The Media documents -- along with further revelations about COINTELPRO in the months and years that followed -- made it clear that the bureau had gone beyond mere intelligence-gathering to discredit, destabilize and demoralize groups -- many of them peaceful, legal civil rights organizations and antiwar groups -- that the FBI and Director J. Edgar Hoover found offensive or threatening.

For instance, agents sought to persuade Martin Luther King Jr. to kill himself just before he received the Nobel Prize. They sent him a composite tape made from bugs planted illegally in his hotel rooms when he was entertaining women other than his wife -- and threatened to make it public. "King, there is one thing left for you to do. You know what it is," FBI operatives wrote in their anonymous letter.”

Some write-ups on the case:

Some who kept the history alive, from earlier last year: The FBI, COINTELPRO, and the most important robbery you've never heard of (PrivacySOS)

Burglars Who Took On F.B.I. Abandon Shadows (NYTimes – some great photos and a LOT of sympathetic comments)

A detailed account from Philadelphia (The Inquirer): Book reveals secrets of a burglary from Phila.'s antiwar past

From the once admirable WaPo itself: Band of activists who burglarized FBI office in 1971 come forward

What really ticks me off is that even the sympathetic accounts keep referring to this as a ‘burglary’, the ‘theft’ of government documents, a ‘break-in’, a ‘robbery’ and a ‘heist’. BULLSH*T! Even the language used boxes in and discredits the effort.

This was a case of enforcement of the very founding principles of the Constitution by a dedicated and courageous group of citizens. They are, by very definition, heroes: people who rose to perform extraordinary feats in trying circumstances to better the lives of their fellow men and women. I salute them, and give thanks for their courage and resoluteness.

I also wanted to make sure all of Turdville (or at least the subset willing to suffer through my long-winded diatribes :-) ) is aware of this portion  of American history because this work is very, VERY far from done. Despite the publicity, the revelations of a fundamental betrayal of trust and abuse of power by the government and the subsequent oversight and reforms achieved as a direct result, we have the same problem back in spades, don't we? Metastasized, if you will. Moved to (multiple) different buildings, given new badges and names, moved off-budget as needed -- and has grown in size a hundred times over.

I have quite a bit of respect for the Occupy movement, who despite their half-baked and at times communistic tendencies and alleged Soros-funding at least called attention to some dire problems and DID SOMETHING. Ineffectual? Unfocused? Infiltrated? Controlled opposition? Perhaps. But they DID move the needle ever so slightly in terms of raising awareness. Anonymous might very well be a creation of our good friends at No Such Agency, a shadow-opponent to justify their existence – but as members are caught and prosecuted with some regularity, maybe not. In any case, same verdict: THEY ARE DOING SOMETHING. Whatever your opinion might be on the character, motives and ultimate effectiveness of Bradley, Julian and Edward – THESE GUYS CHOSE TO ACT. The same goes for the founders and operators of Zero Hedge -- and of course our host Turd Ferguson.

(Attributed to George Orwell, though this guy has different ideas. I can't remember offhand, will have to re-read 1984.)

My dad and uncle were both involved in the replication and dissemination of ‘subversive’ material involving heretic ideas about 'freedom and democracy' at a time when the likely outcome of being caught would probably have been in a good case a long prison sentence and subsequent loss of livelihood. My father also (on a small scale, of course) organized a 'smuggling ring' among his colleagues across the world abroad to circumvent the COCOM trade restrictions which prevented technology needed for medical and research purposes from being exported to the 'boogeymen' behind the iron curtain. They were obviously not caught, otherwise I would not be here writing this today. In my own humble way, I would like to think I am striving to follow in their footsteps. When one day we are all sitting around the campfire by the lake at Dog’s Gulch, sipping on some of the host’s finest nectars, I’d like to be able to regale you with stories of achievements greater than what I could boast of today. And I hope to be able to hear many of yours.

Yes, it’s difficult and at first glance insurmountable. Our current adversaries are all but indistinguishable from the entire system, wield ever-larger power, have most of the money, and control most of the infrastructure. They are immune from prosecution, congressional hearings have become a laughable farce, they have no shame and are impervious to exposed proof of blatantly criminal behavior. They rig the electoral process and pervert governmental functions both legislative and judicial. What can be done that even amounts to a gnat bite on an elephant’s rear end? I have no ‘homework assignment’ to offer, only the reminder that asymmetrical engagements many times ultimately swing in favor or of the ‘weaker’ party. But only if that side ever decides to join the engagement. Standing aside may not forever remain an option.

Think outside the box, and stay thirsty, my friends.

  

[redacted to avoid air-to-surface projectiles]

[redacted due to bad vibes]

(credits on photos are imbedded in them [click], or are from the articles listed.)

PS: While there is no rational reason to think so, I hope a Turdite got the print of Davidon from eBay. The more I think about it, the more this gentleman reminds me of the 'REAL' Tyler Durden. Speaking of which, the Tylers and Turd should have gotten mention in the main body of the article, an omission I corrected.

160 Comments

Counterfiat's picture

1

Yep

dgstage's picture

30C3: To Protect And Infect - The militarization of the Internet

Anyone interested in privacy, are the lack of should listen to this video. Scary Stuff.

AlienEyes's picture

# three

Now to go back and read.

Marcus's picture

No left or right...

...only tyranny and freedom. Excellent summation. Boils down into a few simple words what has been rolling around in my noggin for years. Will read posting in its entirety later, gotta hustle my ass out the door to my slaving job now.

ivars's picture

This is extremely important

This is extremely important Brent triangle as it is telling about coming geopolitical ME crisis already by end of August 2014. Israel- Iran- Saudi- Syria game. 6 month extension of agreement which Israelis will find Iran has totally breached ends in May. 

Similar WTI triangle resolves only in end of December 2014- early January 2015 which means impact from higher oil prices will be somehow muted by e.g sales from USA domestic Strategic reserves or other supply sources from within North America and Mexico. So Oil inflation will hit the USA in early 2015 , 2014 real GDP will still be positive. That gives some time for longer support for unpopular tightening actions. 

Reason is this ability of the USA to manage differential between Brent and WTI which has been increasing since Syrian chemical attack:

ivars's picture

I consider Constantine the

I consider Constantine the Great even more important then Jesus Christ..without him, there would be no Christian empire in the West ( which is now called Western Empire); Nor Byzantine Empire where Christianity survived  after the fall of Roman Empire. Nor Russian Orthodox Christian empire; Nor may be a single Christian. 

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

Of course, Jesus Christ was indispensable, however: it is one thing to deliver a vision and find some followers; it is another to spread it out ( as apostles did, like a venture capital taking a lost of risk) and it is completely another level  to chose one of possible competing visions and institutionalize it. Only institutionalized religions have gained traction long term. We may even not know about many religious movements that had been started, been on the rise, and then had disappeared in obscurity. 

Constantine the Great was by no measure a nice guy, though. But his legacy stays on.

AlienEyes's picture

It is written....

It is written, "When the true identity of a hero is unknown, it becomes infinitely more difficult to personally attack or slander that hero."

.

(I know, because I just writ it.)

I Run Bartertown's picture

JY896

Another great one! Thanks.

I may have mentioned at some point that I'm not a fan of the Left in general, but they do have one major thing going for them. Aggression.

The Tea Parties were hailed in some circles for protesting so civilly and leaving their protest sites cleaner than they were when they arrived, let alone what they look like after an occupy or union protest. There's a certain merit in that and I understand the sentiment. These are the people who run their businesses, lives, and families in an orderly and productive fashion. They were new to the protesting thing but they weren't going to leave the place a mess because a mess is not their nature. But their working within the system, while demonstrating their capability, has also demonstrated that mass protests to 'adjust' a system while wanting it largely intact, are ripe to be co-opted. What they've done hasn't worked.

Contrast that to the tactics of the 'hard left' who protested the IMF and World Bank in Seattle. They didn't want any part of the 'high road'. Their protest left destruction and was dubbed the Battle in Seattle. But the WTO marches on and the establishment has just used the flare-up as an excuse and study guide to make such actions more difficult in the future.

If there is a latent threat to the system, I believe it lies in the personnel who comprise the Right (vets, hunters, mechanics, farmers, etc.) adopting the strategic approach of the Left. We're going to break shit. We're going to make a mess. Violence works. The generation in power now has ridden a wave of success from the 60's and 70's where most concessions to the Left were made under threat of violence. From the 'great society' initiative to avoid a 'long, hot summer' of threatened violence, to our current AG having participated in armed intimidation at his University, violence works. Aggression and concrete action 'outside the system' (as the document 'liberators' in your piece) at the very least, will be necessary.

"You decide your own level of involvement" [in Project Mayhem]    - Tyler Durden

ag1969's picture

Here is somebody who is doing something

Between January 11 and January 24, you may see people walking along the south-bound side of the highway, carrying signs that refer to the “New Hampshire Rebellion.” As one who plans to join those chilly souls, I wanted to write to explain why.

This isn’t an email asking for money. Nor are any of us who are organizing this running for any political office. 

Instead, this email is just the facts — with a few reasons to explain the walk, and our hope for what it might revive.

Fifteen years ago, New Hampshire was at the center of a national movement for fundamental reform. 

On January 1, 1999, New Hampshire’s Doris Haddock, aka “Granny D," at the age of 88, started a walk from Los Angeles to Washington, with a single sign embolden on her chest: “campaign finance reform.” It took her 13 months, but on February 29, 2000, at the age of 90, she made it, and was greeted by thousands in Washington, including many Members of Congress who believed in her cause, and who walked with her those last few miles.

One of those believers had made her cause his cause in New Hampshire. Seven months after she began her walk, Senator John McCain traveled to Bedford, and declared that he — alone among Republicans — would make “campaign finance reform” his issue.

Money, McCain said, "corrupts our political ideals,” whether that money "comes from big business or from labor bosses and trial lawyers.” And though he was “a conservative” who believed that skepticism about government was "a very healthy thing,” McCain worried we had gone too far. Skepticism had become a “pervasive cynicism” that was “hurting our democracy.” “All of our ideals are corrupted,” McCain said. “We are all corrupted.”

I met Granny D only remotely — she was a guest blogger on my blog in 2004. And I’ve met Senator McCain only a few times, and each time, for just a few minutes.  I think I can say with some confidence that it’s hard to imagine two more different souls.

Yet here they were, united in this one common belief: That if we don't change the way money mattered to politics, we are never going to see any sensible change in Washington.

Whether on the Right or the Left, it doesn't matter. Corruption isn’t a partisan issue. The system of corruption in DC doesn’t bend to the Democrats any more than to the Republicans. Corruption is an American issue. It is a democracy issue. And it raises this one question for every citizen and patriot: Can we get our democracy back?

We've decided to take up that question, to continue Granny D’s walk, along the lines of John McCain’s run.

We want to revive the movement that flourished here fifteen years ago, so that by the presidential primary in 2016, every candidate for president has been asked a single question by the citizens of New Hampshire hundreds of times: 

"What are YOU going to do to end the system of corruption in DC?"

That is the aim of the “New Hampshire Rebellion.” We’re not arguing about gun rights, or abortion, or the right to marry, or climate change: Those are important issues, all. But before we can think about those issues, or any issue, sensibly, we believe we need a politics not addicted to money.

Every time a candidate speaks, whether Republican or Democrat, or anyone else, we want this question asked. We’ll capture the answers, and post them. And by the beginning of 2016, if we, as a people, are lucky, we will have a clear sense of who will carry this anti-corruption cause forward. And New Hampshire can choose, not just the next President, but the next chance for this Republic.

You can learn more on our site — nhrebellion.org — and maybe volunteer a bed in your home or even just some coffee HERE.

Or you can watch this fantastic 3 minute video about the walk by one of our volunteers HERE.

Or you can watch an 18 minute video that I did explaining why I’m in this movement HERE.

None of this is going to be easy. Neither the walk, nor this campaign.

But to borrow from President Kennedy, we don’t do this because it’s easy. We do it because it's hard. And not just because it’s hard.

We do it because if we don’t do this now — if we don’t end this system of corruption that has paralyzed our government — our government will fail. It will fail us, and our children, and the hope of democracy everywhere.

So that is why we walk — from January 11 to January 24, and then twice more before the 2016 primary.

Join us if you can. In any case, thank you for your time.

Lawrence Lessig
Citizen

Paid for by Labels & Lists, Inc. - 14818 78th Ave NE, Kenmore, WA 98028

Edit:  Oops, great write up JY, but I still say Betty is a bathtub bonger!  lol

vonburpenstein's picture

cmon ivars...

Constantine more important than Christ...? without Jesus, what would've constantine promoted...without constantine, Jesus woulda still been Jesus...and something tells me God woulda figured another way to get the 'word' out...

ivars's picture

IRB

Yes there might be civil unrest but governments in the West are far more superior ( and continuing to increase the gap) then population ; they will know your intentions before You know them:)

This is not anymore 19th century when people with guns could oppose government. Today people stand no chance. 

Mess or Mayhem  can only happen if some of state structures split to support different oligarchs , or internal/external forces like in Turkey.  Or, if there is a competing idea that gains support across the castes of society. So far there is none, but may appear as the epoch is looking for one. 

Governments are ready for the mess they are going to create domestically, at least they are as ready as they have ever been. Who has  NSA  been spying on, its main objective? Citizens of the USA. The rest are much less important for the oligarchy. They can drop the foreign leaders if needed. No big deal. 

I Run Bartertown's picture

ivars

"This is not anymore 19th century when people with guns could oppose government. Today people stand no chance."

I'm going to have to disagree. We may reach a point like that if they construct integrated massive drone fleets or something, but we're nowhere near a point yet where the million or so military and few hundred thousand federal goons would have a hope of fighting against a serious insurrection in America. They don't do it all that well in Afghanistan when they can rely safely on a supply chain that begins in America. The drone factories, munitions plants, etc. are here and easily dispatched under the right circumstances. Military bases here are very lightly protected so any 'game-changer' heavy weaponry they have could quickly fall into other hands. This country is BIG. Their awesome power rests entirely on widespread compliance. Without it, they are immediately the ones in a precarious position.

bunnytoujours's picture

Artists and humorists can

Artists and humorists can strike hard on the establishment, as proof they will try to recuperate and repress as fast as they can any that question the status quo. the Dieudonné Mbala Mbala phenomenon in France going viral is fun to watch.  Ai Weiwei the Chinese activist artist has passport taken by government indefinetely. Knocking them off their pompus piedestal a la WB7 is essential. 

ivars's picture

IRB

Yes compliance is key. However, if you create an enemy , a vision and propaganda enemy that is not You (government) , usually compliance is not a big problem. Majority will comply. 

There is a lot of enemies, both internal and external the USA can chose for. I do not know what works best in the USA in current and near term future, but they will find out:

Usual culprits could be:

-Terrorists

-Muslims

-Immigrants

-Doubters of Americas inherent strenght /anti-americans

-China and American Chinese

-Bankers and Jews, Israel lobby

- Socialists, Communists

-Democrats

-Republicans

-Unions

-Mexican cartels , drugs

-gays etc.

-Tea Party

-Leftists

-fascists, white supremacists

-NSA

-Anti-NSA Snowden

-...

You should know better then me, and be prepared for the launch of enemy image as required per circumstances. There is only one ideology  - the one that supports the future of USD which will matter in near future. The rest is a just a tool.

Peoples Front of Judea's picture

WHOAAAA

WTF GOLD smileyyes

erewenguy's picture

ok - WTF just happened to

ok - WTF just happened to gold and silver?

ag1969's picture

The Street Keynesians

 

According to a poll carried out by the Figaro newspaper, only 17% of the French believe that 2014 will be a good year, but in fact it started very well for France. Only 1,064 cars were burned by youths in the banlieues this New Year’s Eve—about a hundred fewer than last year. Who says that there is no progress? The French Minister of the Interior congratulated the 57,000 policemen throughout the country who were on duty that night for their preventive work (one fewer cars1 burned per 570 policemen), but he still won’t publish the number of cars burned in France annually for fear of provoking youth to an attempt to beat the record. Yes, youth is the idealistic springtime of man’s life.

Another optimistic way of looking at the figures is to compare the number of cars burned with the number of cars not burned. This will put the figure into better perspective. About 19,999,000 cars in France were not burned on New Year’s Eve; that is to say, 99.995% of them. Surely this is the way the figures should be presented to improve the population’s morale? Instead of the murder rate, then, we should have the non-murder rate. The result is even better for most European countries: About 99.999% of people are not murdered in any given year.

Please share this article by using the link below. When you cut and paste an article, Taki's Magazine misses out on traffic, and our writers don't get paid for their work. Email editors@takimag.com to buy additional rights. http://takimag.com/article/the_street_keynesians_theodore_dalrymple/print#ixzz2q0Cx0VXi

DayStar's picture

RE: Constantine

After Nebuchadnezzar, king of the empire of ancient Babylon, walked in his capital and thought in his heart about what a great empire he had built, God sent him crazy for 7 years and had him eating grass in the field like an ox, he finally recovered his senses and, amazingly, his kingdom was restored to him.  God did this to demonstrate that He still rules in the kingdoms of men.  Likewise, Cyrus the Great was forecast to be a savior of the Jews over 100 years before he was born, and this great ruler did exactly as was expected of him.  Another notable example of God's rule is Pilate, governor of Judea who got the job of trying Jesus before Jesus' crucifixion.  Pilate marveled at Jesus' silence in this trial for His life and said, "Then saith Pilate unto him, Speakest thou not unto me? knowest thou not that I have power to crucify thee, and have power to release thee? 11  Jesus answered, Thou couldest have no power at all against me, except it were given thee from above..." (Jn 19:10).  There is no political power that is not from God, and the existing authorities have been placed where they are by God (Rom 13:1).

DayStar

 
 
ag1969's picture

Daystar

There is no political power that is not from God, and the existing authorities have been placed where they are by God (Rom 13:1).

_______________________________________________________________________________

I am having a little trouble with this.  Does this mean that Zero, Hillary, Reid, Pelosi, Boner, McCain, etc. are doing God's work?

Hammer's picture

stop hunting to catch some

stop hunting to catch some johnny come lately bears ? 

ivars's picture

I guess they had to close

I guess they had to close some gap in statistics that was created over last months of huge numbers...But unemployment is 6,7% only. Only 0,2% to go to 6,5%. Did not know they will need so little NFP number to get to 6,7%. 

May be this was the best combination to keep stocks from falling and keep people guessing about taper. You learn every day. Too good employment NFP numbers would have damaged stocks and cleared idea about taper soon. Now its murky:)

ag1969's picture

Six Reasons Why The Government Is Destroying The Dollar

By Daniel R. Amerman, CFA

Overview

The United States government has six interrelated motivations for destroying the value of the dollar:

1. Creating money out of thin air on a massive basis is all that stands between the current state of hidden depression, and overt depression with unemployment levels potentially rivaling those seen in the Great Depression of the 1930s.

2. It is the most effective way to not just pay down current crushing debt levels using devalued dollars, but also to deal with the rapidly approaching massive generational crisis of paying for Boomer retirement promises.

3. It creates a lucratively profitable $500 billion a year hidden tax for the benefit of the US government – a tax which is not understood by voters or debated in elections.

4. It creates a second and quite different form of hidden taxation by way of generating artificial market highs, which while non-existent in inflation-adjusted terms, do create artificial investment profits that are fully taxable and highly profitable for the US government.

5. It is the weapon of choice being used to wage currency war and reboot US economic growth; and

6. It is an essential component of political survival and enhanced power for incumbent politicians.

In this article we take a holistic approach to understanding how individual short, medium and long-term pressures all come together to leave the government with effectively no choice but to create a significant rate of inflation that will steadily destroy the value of the dollar over time.

If you have savings, if you rely on a pension, if you are a retiree or Boomer with retirement accounts – any one of these six fundamental motivations is by itself a grave peril to your future standard of living. However, it is only when we put all six together and see how the motivations reinforce each other, that we can most effectively seek personal solutions.

http://danielamerman.com/articles/2014/SixD.html

Turd Ferguson's picture

All this Constantine talk is killing me

MODERATOR

Thanks for placing this is my head again. Ugh.

ivars's picture

Constantine ..I just wanted

Constantine ..I just wanted to point out that this revolution that is proposed lack both strong enough idea ( like Christianity)  and leader ( like Constantine).  I do not think anything less will do at this unprecedented level of oligarchic power. Only new idea of the same level as Christianity, only new leader of the same level as Constantine could carry some change out, in the decline of Western Empire into the future birth of some yet unknown Empire . (Like sequence Roman Empire-> Byzantine Empire-> Western Empire ( called civilization but in essence Empire). So  what is next for this sequence? -> ?

Besides, the God referred to who "rules politicians" seems to be Judeo - Christian one.  He can only cover about 2,5 billion people out of 7 billion. 

Hammer's picture

A 200K figure would have sent

A 200K figure would have sent the 10 yr to 3.1% from what I'm guessing.

ivars's picture

I do not think these jumps in

I do not think these jumps in USDx, Treasuries, Gold, silver  will hold..once the reality of what a number 6,7% means will set in. It means 6,5% or lower in January NFP set to be published on February 7th, day of debt ceiling end. 

I think government/Congress/Senate  just delivered what they had promised to FED. Perfect. 

Strongsidejedi's picture

@ivars - congress delivers to Fed

Your assessment and mine match.

It suggests that they will reset the unemployment benefit only after the Congress and Fed jointly agree on the U/E number that they want.

Do we assume that the UST 10 year rate jumps upwards over the next quarter?

I'm thinking that as the UST 10 yr rate jumps up above 4%, then money leaves gold and silver further.

Pining 4 the Fjords's picture

Brilliant post JY

Outstanding research, links, and story- thank you for your excellent efforts! You are on fire lately.

Pining says "You da man!"

Pining then slowly edges away, out of the Hellfire Missile blast radius.

Patrancus's picture

Constantine's mayhem

This Jesus sect was growing rapidly, and once more the Sadducees took notice of them. The Pharisees were little bothered about the situation, seeing that none of the teachings in any way interfered with the observance of the Jewish laws. But the Sadducees began to put the leaders of the Jesus sect in jail until they were prevailed upon to accept the counsel of one of the leading rabbis, Gamaliel, who advised them: "Refrain from these men and let them alone, for if this counsel or this work is of men, it will be overthrown; but if it is of God, you will not be able to overthrow them, lest haply you be found even to be fighting against God." They decided to follow Gamaliel's counsel, and there ensued a time of peace and quiet in Jerusalem, during which the new gospel about Jesus spread rapidly. 

If your mayhem is of God, well then maybe the mayhem that you are planning will succeed in producing the out come that you desire though more importantly an out come that glorifies the Father.

Turd Ferguson's picture

I would add that Saint Paul

MODERATOR

I would add that Saint Paul played...and continues to play...a very significant role in expanding The Church's reach.

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