Welcome to the Panopticon

122
Sun, Jan 5, 2014 - 11:57pm

The homestead here is in need of another female voice, so Turd has graciously allowed me to share some of my thoughts with all of you. Let me briefly introduce myself - and what you'll see here is only a small portion of the entirety of who I am - I have had many hats, including writer, life coach, yoga instructor and website wrangler.

Don't worry, I'm not going to regale you here with cheery self-help mantras and mindless affirmations. In fact, one of the reasons I moved away from life coaching was that I had a hard time putting on a chipper facade all the time. I would like to take the opportunity here to dig into some deep issues. There's a lot going on in the world right now.

As a complete disclosure, I help Turd out with the website (I am, in fact, the lady who built it along with help from the man known as "admin"). Let me just say that while I have never met Turd face to face, I have spoken to him many times, and he's an upstanding fellow. (And unlike some other people in this industry who shall go nameless, he always pays his bills! Yay!) He's a super sweet guy and people who are bashing him are probably just jealous.

I am not a financial expert, nor am I a trader, so I don't intend to write about financial markets that are so well covered by Turd and other fine folks here. Instead, I would like to focus on trends and issues that are often brought up in the community and that I hope you will find of interest. Sometimes I might just share various odd news bits or interesting tidbits here and there.

I titled this blog "The Panopticon," because it not only speaks to the ever-increasing eye of the hybrid corporate super-state upon the people, but the "panoptics" are in reverse here too, as we take a bird's eye view of events and trends to see the bigger picture. (Cue Alan Parsons Project:)

Alan Parsons Project - Sirius/Eye In The Sky

One of the greater themes of this blog is "the future" and what it's going to look like. Since I am a technology person, I am taking great interest in the tsunami of new technology coming out, much of which has very serious consequences for our personal privacy and future freedom. (Google Glass? No thank you!)

Speaking of tsunamis, things at Fukushima are heating up (literally) and I intend to pass along information about this very serious situation that the mainstream media is almost entirely ignoring. Steam is pouring out of the planet, fish die-offs are reported in the Pacific, and a big plume of radioactive seawater is converging upon the California coast. (If you have not heard it yet, I would highly recommend listening to the Coast to Coast AM Fukushima Special from November of 2013, hosted by the fantastic John B. Wells. It may be from two months ago, but is still worth a listen.)

Speaking of California, and as a point of interest perhaps, I had an awful feeling about my living in Los Angeles prior to "bugging out" and moving to Texas six months before the Fukushima earthquake hit. The feeling I had then in Los Angeles was a feeling of impending doom and a smell of death. I am relieved I got out before all that radiation hit the West Coast. (If you are still in California, I hope you have some iodine on hand!) For whatever the reason, I feel Texas is the place I need to be for the moment. That may change in the future, but for now, this is where I will be if things go nutty in 2014.

I share this just to give you a heads up that sometimes I work "intuitively" - but don't worry, I'm not going to be running a psychic hotline here. If you don't believe in that sort of thing, you can roll your eyes, that's fine with me. All I can tell you is, it seems like things are speeding up and we all may need to just buckle in for the ride.

As I write this, the wind is howling outside as an Arctic cold front is pushing its way across the United States. This inevitably leads to jokes about our impending "global warming." Yet, I'm inclined to think, if anything, we are headed for another mini-Ice Age, ala "The Day After Tomorrow." (Does anyone else have a strange fascination with disaster movies? I do.)

2014 is poised to be a big year, and a crazy one.

PS Please feel free to PM me with story suggestions and news tips. I apologize in advance if I am unable to respond to all messages, or respond in an untimely fashion when I do get around to writing back, but I will greatly appreciate any (constructive) suggestions. Thank you!

Stephanie blogs sporadically at a number of websites, including Freeople and Free Thinking Christianity.

About the Author

  122 Comments

ancientmoney
Jan 6, 2014 - 1:01pm

re: climate change . . .

I remember hearing once upon a time that one large volcano spews more carbon dioxide in a day than all humankind has created since the first human turd hit the ground. I don't know if that is true, but seems pretty likely to be. Volcanoes are awesome when they erupt. In any case, I believe what problems we humans cause by our little dalliances in riding around, keeping the lights on, and staying warm is a very minor piece of the global warming puzzle as compared to the awesomeness of Mother Nature when she decides to put on a show. We are a gnat on an elephant's a$$ as compared to what nature itself creates. Of course, we will never hear that said out loud by any politician who wants to tax the "next big thing" so big government can get bigger, and the PTB can remain in power.

dgstage
Jan 6, 2014 - 1:02pm
dgstage
Jan 6, 2014 - 1:06pm
Patrancus
Jan 6, 2014 - 1:35pm

Algore

our planet has a fever

ancientmoney
Jan 6, 2014 - 1:59pm

@ivars re: COMEX PM pricing . . .

In previous threads you said your belief is that COMEX (paper) PM trading does not direct gold and silver pricing as we know it, but rather, the LBMA has that distinction.

Andy Hoffman disagrees:

www.silverseek.com/article/desperation-mounting-12820

Gold Dog
Jan 6, 2014 - 2:14pm

AG re threat to peace

I say we go to any country that thinks we are a threat to world peace and give them , as we say here in Chicago, "A Little Tune-up"!!!!

Peace Dog....and willing to fight to prove it.

ag1969
Jan 6, 2014 - 2:20pm

Right Dog... I agree

...Kind of like solving our debt problem by raising the debt ceiling, right?

Gold Dog
Jan 6, 2014 - 2:22pm

Right On AG!

People that are wishy washy on us could just get a few drone attacks to clarify their thinking.

We can't police the whole world!

YF,

D

ivars
Jan 6, 2014 - 2:28pm

@ancientmoney

His text was merely emotional. I do not buy such explanations. People seem to be obsessed with COMEX shadow games as there is so much one can see in them .

I only see physical sales meeting demand at these prices whatever the manipulations at both supply and demand sides.

Since COMEX deliver less then 3% in physical and is allowed not to deliver even that but settle in cash, it is only able to deviate from London fix for a fraction of a % and for a fraction of a time.

Why is that so unacceptable that physical demand and supply of an underlying commodity should set its own price?

I do not get it.

Kerbouchard
Jan 6, 2014 - 2:33pm

With appreciation to Bill Murphy (LMC) 1/6/2014

The Price Of Gold: The Fed's 60 Seconds Of Desperation

Dave from Denver

Forget the myths that the media's created about the Fed. The truth is, these are not very bright guys and things got out of hand. Follow the money...just follow the money. - My paraphrase of "Deep Throat" from "All The President's Men"

The price of gold was remarkably smashed $35 in the space of 60 seconds at 10:14 a.m. NY time this morning. 12,000 contracts hit the market almost all at once. To put this size in context, on Friday a little over 107,000 Feb contracts traded during the entire 23 hour Globex system session. In other words, today at 10:14 a.m., a little over 11% of Friday's total volume traded in the space of 1/1380th of the entire Globex session for a given period.

The hit came from nowhere and halted a strong rally in the price of gold that began last night in Asia. Concurrently, the dollar was selling off hard, as was the S&P 500. There was no apparent news or event that would have triggered the price smash:

The price of gold as write this has since recovered about 90% of the price hit. Silver, which was giving all indications of behaving like a runaway freight train before the hit, has recovered about 2/3 of its price-ambush.

Mere manipulation by desperate criminals?

This is the unmistakable sign of desperation. Desperation to keep a lid on the price of gold in an attempt to make the public believe that everything is ok in this country and with the U.S. dollar. But we all know otherwise...

I have no doubt that the hit was used JP Morgan to get more long Comex gold futures and to induce a flood of GLD share selling. The GLD shares will be turned into the GLD Trust either today or tomorrow and used to remove more gold. I bet within the next couple of days, today inclusive, we'll see a large withdrawal of gold from the GLD Trust. For the record, selling of GLD shares does not trigger the removal of gold Gold can only be removed by the banks who exchange shares for gold.

Patrancus
Jan 6, 2014 - 2:54pm

Labor Force Participation Rate

is in free fall since the entitled one has taken his seat at the throne of Panopticon

and freeloaders be advised that the free shit is about run out out.

Data extracted on: January 6, 2014 (2:47:01 PM)

Labor Force Statistics from the Current Population Survey

Series Id: LNS11300000 Seasonally Adjusted Series title: (Seas) Labor Force Participation Rate Labor force status: Civilian labor force participation rate Type of data: Percent or rate Age: 16 years and over

Download:
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2003 66.4 66.4 66.3 66.4 66.4 66.5 66.2 66.1 66.1 66.1 66.1 65.9
2004 66.1 66.0 66.0 65.9 66.0 66.1 66.1 66.0 65.8 65.9 66.0 65.9
2005 65.8 65.9 65.9 66.1 66.1 66.1 66.1 66.2 66.1 66.1 66.0 66.0
2006 66.0 66.1 66.2 66.1 66.1 66.2 66.1 66.2 66.1 66.2 66.3 66.4
2007 66.4 66.3 66.2 65.9 66.0 66.0 66.0 65.8 66.0 65.8 66.0 66.0
2008 66.2 66.0 66.1 65.9 66.1 66.1 66.1 66.1 66.0 66.0 65.9 65.8
2009 65.7 65.8 65.6 65.7 65.7 65.7 65.5 65.4 65.1 65.0 65.0 64.6
2010 64.8 64.9 64.9 65.1 64.9 64.6 64.6 64.7 64.6 64.4 64.6 64.3
2011 64.2 64.2 64.2 64.2 64.2 64.0 64.0 64.1 64.2 64.1 64.1 64.0
2012 63.7 63.9 63.8 63.6 63.8 63.8 63.7 63.5 63.6 63.8 63.6 63.6
2013 63.6 63.5 63.3 63.3 63.4 63.5 63.4 63.2 63.2 62.8 63.0
Green Lantern
Jan 6, 2014 - 3:00pm

A word or two on the trend to legalize marijuna

Remember this, the government is not on your side and the government is NOT going soft. While I'm sure the majority of people here agree with me, the war on drugs is ridiculous. The illegal drug trade as we all know is a money making operation and money laundering by HSBC of drugs was part of the business of America. The majority of Americans have voted unanimously that drug money laundering is good. It keeps the banks open, and money flowing into the economy.

However, the war on drugs has peaked and now government is getting into the business of regulating marijuana. Ask yourself, what does government do better than the free market? Nada. Nothing!!! That includes the growing, selling and dispensing of marijuana. And if your unfamilar with Britians use of Opium to conquer China than it's time to review.

I have no problem with the studies that show marijuana has medicinal effects. It certainly does and you can still go into Chinatown and buy herbal preparations that have cannabis in it without the THC. Cannabis oil has showed very promising evidence of it's ability to fight cancer. And I certainly don't begrudge people that use it for recreation or to cope with life. Unlike Bill Clinton, when I was in college, I inhaled!! But now, I'm an older man and I prefer lucidity. I've known people in California that carried their medical marijuna licenses and sucked that stuff down like no tomorrow in the name of medicine. Well, they were fooling themselves. They just wanted to get stone. And like I said, no judgement or morality speeches. Just be honest. You have issues that you cannot deal with and use marijuna to medicate yourself. some of it is because the medicine that could be used to totally heal you has been supressed. There is a difference between healing and using drugs to cope and calling it medicine.

Probably true that marijuana won't do the damage of prescription drugs or even booze. But long term use makes you like the Sadhu's india. There excuse is it gets them closer to their God's or something like that. They suffer from severe memory loss and lung conditions.

Of course, the studies on the use of marijuana are usually done with one strain in certain dosages. Twenty years after I quit that stuff, somebody gave me some and that shit wasn't what we smoked in college. That was a powerful hallucigen that I will never touch or go near.

The use of drugs to control population has been a constant through out history. It is contained in our stories, Odysseus and the lotus eaters. Lord Alfred Tennyson wrote about it. It was featured in the story and movie of Percy Jackson. They all get stoned on the lotus buns and loose track of time until Neptune tells Percy to not eat the lotus buns because it dulls the senses. That part isn't shown in the video.

Percy Jackson gets high in a casino

Marijuana, like gambling, like the lottery are all ways to supplement the government. NOT to make you feel better. They have maximized their revenue in the prison systems and now it's time to drug the population and let them feel good about feeling good. If you have to consume it, find a way to grow your own while you find a way to figure out how you can live life without such stimulation. Of course, if you are a Rasta or it's part of your religion. Have a party. But get government out of it and if we as a society want it legal, then give it to the free market. Not drug cartels or state and federal governments.

Looks like Colorado is already sold out. I hope none of these folks are pilots or surgeons.

GoldistheFuture
Jan 6, 2014 - 3:09pm
Green Lantern
Jan 6, 2014 - 3:09pm

Fukishima and Fish

Even before Fukishima, going to the fish market and picking out wild caught fish was a gamble. News reports showed that they intentionally mislabeled fish and unless you are a fisherman or take a fish identifying chart with you, you are not sure what you are getting or where you get it from. Then you read a list of evidence supporting radiation in the food chain and you get totally conflicting evidence. Not radiation, pathogens and vice versa. Which one to believe. It's hard to know unless you take the fish out of the sea and send it to a lab yourself.

Of course, most of the fish you get from Costco is farmed with all sorts of coloring and preservatives. The tilapia from China is farmed, and all sorts of nasty things done to it. Shell fish after the oil spill became a dangerous gambit and most of the shellfish again is farmed, salted and absolutely tasteless.

Then a recent report I think from Consumer Reports says that every chicken they tested in the supermarket including so called "organic" or not has at least three deadly pathogens. Of course, you cook it and it kills them but who wants to put a roasted chicken on the table knowing that before you cooked it, it was poison. Of course, this all is due to issues with anti-biotic resistance something the world still ignores.

Last year we stopped eating turkey burgers for the same reason. Beef isn't much better unless you pay $20 bucks a pound. And then there is the debate on GMO's. Well, I'm convinced it sucks for your body even if you don't and don't consider the research. Look at the fat people in the market putting all that GMO food on the counter. That's not normal fat. Body can't process it.

Of course, the world is now fighting Monsanto and alot of countries are kicking them out although now Monsanto is getting into the marijuana business in South America and we will see it in this country as the legalizing of marijuana in Colorado and soon New York will become law.

Beez
Jan 6, 2014 - 3:18pm

It is so confusing (fuku)

I have friends with an organic mandarin farm in the Northern California Valley and they received a farm advisory (University of CA) a few months ago that the reason they were losing their crop could be Fukushima. Then in December I went took a tour of the UC Marine Laboratory in Bodega Bay (also N. California) and asked them if they were seeing any effects of Fukushima and they said none what so ever. The docent said they receive this question on every tour. Sea anemones, muscles, sea water, kelt etc. nothing. So then we went out for one last big pig out on clam chowder, calamari and crab!

silver66
Jan 6, 2014 - 3:23pm

Green Latern

That post is one of the more lucid and well thought out comments about Mary Jane that I have read in a while

If you need it to get better use it, if you need it to escape or cope re-evaluate

Too each their own

Silver66

AlienEyes
Jan 6, 2014 - 3:23pm

Re : Glowing Fish. Fact is....

Japan has (for decades) the highest incidence of blood and liver flukes (flat worms) on earth.

I love to watch tunnel educated M.D.s gobble up sushi without any clue as to what they are eating.

Ah, the things humans do just to be trendy. I have two friends (husband and wife) that both have Ph.Ds in biology (one in molecular biology and the other in life science). They turned me on to the stats about Japan years ago and I still enjoy watching omnipotent M.D.s gorging themselves on pathogens while paying top dollar to do so. It's best to wait until after they are stuffed and then mention the liver flukes. The expressions on their faces are priceless. In the little game we made up, we would let the conversation go on long enough to pick out the biggest arsehole and then attack in concert as three highly amused, non M.D.s.

In view of recent events in Japan, we now end our attacks by reassuring the deeply deserving victims with, "Brilliant. You are using the radioactive contamination to kill the flat worms before they kill you."

AlienEyes
Jan 6, 2014 - 3:39pm

Recaping....

"Smoke 'em if you got 'em." (Tommy Chong)

and

"The solution to pollution is dilution.", (US Corps of Engineers)


Jan 6, 2014 - 3:58pm

Thanks again :-)

@Irene - I like the idea of "jewelry stacking." ;-)

@Pining - I have also joked that if we are entering into a new ice age, maybe we ought to be putting as much CO2 into the atmosphere as possible to counteract it! ;-)

@Green Lantern - Excellent comments on marijuana. I am convinced that The Powers That Be want people dumbed down and apathetic, and they are pushing legal pot for that reason. They will give people the illusion of freedom by enabling every hedonistic impulse in regards to sex and drugs, but destroy every other freedom we have, especially the ability to think for ourselves and dissent. This might be a topic for a longer blog post but I'm afraid it's going to set some people off. Well, maybe controversy isn't a bad thing sometimes. :-)

Urban Roman
Jan 6, 2014 - 4:04pm

Fuku calculations

Someone on a forum I used to frequent posted a BOTEC shortly after the plant blew up in 2011. The conclusion was that they had a little more than 2 metric tons of Cs137 on hand at the plant, and a similar amount of Sr90. A simple calculation based on the fact that nuke plants do not do anything with their spent fuel except stack it up in those pools, the length of time the plant has been operating, and the power output from the plant's 'nameplate'.

There are other isotopes in the plant's nuclear rubbish, but for various reasons they are less of a cause for concern. And by the way, a full-on 'Rio Syndrome' would not be such a bad fate for the lost melted cores. There is no way that they could make it all the way to Rio, but if they work their way down to unreachable depths in the earth's crust, they will at least be unavailable to Tepco's inept cleanup efforts.

This 2 tons would be more-or-less uniformly distributed among the hundreds of tons of spent fuel rods in 6 or 7 pools on the site. If all of it were dumped into the Pacific, it would far exceed the amount already present from 20th century weapon testing, but it's fairly clear that most of it is still in the pools. And I sincerely hope that the cleanup crews can get most or all of that into secure storage casks before the next mag 8 quake. (I would be a lot more confident of that happening if there were more transparency as to what they are actually doing, and if they had more Russian and other nuclear engineers on hand to advise them)

As for the plume hitting the California coast, I have no idea how dangerous it is, but I suspect it is not nearly as deadly as the more apocalyptic blog posts would have you believe. However, these isotopes, Sr90 and Cs137, are accumulated by living things, so that's a cause for concern -- we could see elevated levels in algae and fish even when the water has relatively low concentrations of them. Except for the immediate premises of the ruined nuke plant, the radiation will not kill anyone quickly. After ten years or so, it will increase one's odds of getting cancer by some amount...

It isn't so much a Japanese thing as it is a global nuclear industry thing -- the MOPE and spin is that nuclear power is safe, and they can't have any of these disrespectful news stories getting out and convincing people otherwise. That goes for anywhere on the planet -- the USA and France and Spain, etc. as well as Japan.

As for the die-offs in ocean life, that was going to happen anyway. Scientists have been warning about human mismanagement of ocean resources for most of a century now. More info here on that:
https://www.youtube.com/watch?v=2zMN3dTvrwY

And welcome, stephanie. Nice work on the little edit box

NW VIEW
Jan 6, 2014 - 4:52pm

Panopticon - the WATCHMAN

There are many herein who have lived long enough to consider themselves as watchmen, including myself! I watched the fellow high school students leave for "California Dreaming" and the good life in the early '60's. You know, VW hippie mobiles, flowers, sack dresses, long hair, no under garments, free sex and lots of pot. I thought, "these kids and relatives of mine are really nuts." It became a lost generation with no basis for morality of any kind. Oh yes, some of them are still alive today and are experts on entitlements.

I knew then that their lifestyles really did not effect me and my direction. Some of my classmates have past onward from their drug days long ago and have gone onward for their future rewards. One of my best school friends (drug dealer) was just planted a few month ago and left six children behind. Yes I have been a watchman and after 50 years of watching, it has only become tragic. Now we have Colorado and Washington State, ready to extend the party, and these people will be driving on our freeways, texting/drinking/drugged and happy, while you drive your kids to their soccer game.

We seem to worry about what the government is doing to our families but we may need to consider how the citizens will invade your lives and the entire country degenerates at an accelerated pace. Do you have eyes to see and ears to hear?

Nick Elway NW VIEW
Jan 6, 2014 - 5:28pm

Greatest progress in US was prior to Federal Reserve

Post civil war to 1913 saw the United States grow from just another country to the strongest and freest country in the world.

No central bank

No opium laws

No cocaine laws

No alcohol laws

No hemp/cannabis laws

Genesis 1:26-31

Quote:

26 And God said, Let us make man in our image, after our likeness: and let them have dominion over the fish of the sea, and over the fowl of the air, and over the cattle, and over all the earth, and over every creeping thing that creepeth upon the earth.

27 So God created man in his own image, in the image of God created he him; male and female created he them.

28 And God blessed them, and God said unto them, Be fruitful, and multiply, and replenish the earth, and subdue it: and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth.

29 And God said, Behold, I have given you every herb bearing seed, which is upon the face of all the earth, and every tree, in the which is the fruit of a tree yielding seed; to you it shall be for meat.

30 And to every beast of the earth, and to every fowl of the air, and to every thing that creepeth upon the earth, wherein there is life, I have given every green herb for meat: and it was so.

31 And God saw every thing that he had made, and, behold, it was very good. And the evening and the morning were the sixth day.

Every herb bearing seed and fruit of a tree was a gift to man..that includes the poppy, the coca plant, the fermented fruit, and the hemp plant. These plant products are God's gift to mankind, and no man or organization of men or NW View has a right to intercept that gift. The attempt to intercept brought us meth, crack, moonshine, mafia, drug cartels, and big pharma. I have eyes to see and ears to hear and the ability to read the bible and history and see what prohibition has wrought. God saw every thing that he had made, and, behold, it was very good.

IMO the lost souls were more victims of prohibition laws and themselves than victims of plant products.

Bongo Jim
Jan 6, 2014 - 5:48pm

As goes California, goes the nation???

I haven't been able to find anything other than the linked article below, so it might be an Onion story.

https://diversitychronicle.wordpress.com/2014/01/03/santa-monica-city-co...

I Run Bartertown
Jan 6, 2014 - 6:15pm

Bongo Jim

That's an odd sort of satire site. They 'enhance' stories just a little. After reading a few, it seems like they take some variant of our national stupidity and just barely take it up a notch. I'm not sure what the point is. Maybe for others that extra 1/2 step illustrates the absurdity, but IMO the original stories are SO close to the 'satire' that it just muddies the waters.

The first time I saw (it was reported on local radio as news) it was this:

https://diversitychronicle.wordpress.com/2013/11/18/progressive-professo...

“If you are a white male, you don’t deserve to live. You are a cancer, you’re a disease, white males have never contributed anything positive to the world! They only murder, exploit and oppress non-whites! At least a white woman can have sex with a black man and make a brown baby but what can a white male do? He’s good for nothing. Slavery, genocides against aboriginal peoples and massive land confiscation, the inquisition, the holocaust, white males are all to blame! You maintain your white male privilege only by oppressing, discriminating against and enslaving others!” Professor Noel Ignatiev, a tenured professor at Massachusetts College loudly proclaimed to his class last Monday, his final teaching day before retirement."

which was apparently not questioned too thoroughly, maybe because while at Harvard's W.E.B. DuBois Institute, he really did say this:

"abolishing the white race" is "so desirable that some may find it hard to believe" that anyone other than "committed white supremacists" would oppose it... "every group within white America," including "labor unionists, ethnic groups, college students, schoolteachers, taxpayers and white women" has at one time or another "advanced its particular and narrowly defined interests at the expense of black people as a race."

Mr. Ignatiev pledges in the essay that his journal, Race Traitor, intends to "keep bashing the dead white males, and the live ones, and the females, too, until the social construct known as 'the white race' is destroyed not 'deconstructed' but destroyed."

If anyone is curious, check his ethnicity. I know, I know, these things don't matter in 2014...all except for the fact that they do.

Agaupt
Jan 6, 2014 - 6:21pm

Jewelry stacking

I don't think this is what Irene had in mind, but even though I don't like wearing jewelry, but I have considered stacking it.

Jewelry is less likely to be confiscated than gold bullion, so a bunch of gold chains or rings would have some advantage.

Also, in a SHTF scenario, bringing out some uncirculated AGEs for barter, would scream "STACKER" to anyone seeing the transaction and possibly mark you for robbery. Using some gold chain or rings could more plausibly be seen as trading in the last of the family jewelry.

Admittedly, these are marginal concerns, but having some 'junk gold' in the stack couldn't hurt. And if it is something you enjoy wearing, even better.

Green Lantern
Jan 6, 2014 - 6:25pm

Nick, Its a false argument. 

Nick, Its a false argument. In 1913, America also didn't have 16 trillion in debt and government in the drug dispensary business. Neither did we have 1/2 billion dollar powerball jackpots. The lottery is another business that goes back to antiquity as a way to fund government deficit. It's a bond that really pays off.

America was tired of George Bush. They wanted change. They got Obama. America hates prohibition, now they are giving us what we want? I dont think so.

Which is a better choice? Republathugs or demacrooks? Or is it the two sides of the same coin.
It wasn't prohibition. It was a business model. Build prisons for an enormous profit, wipe out the undesirables and give the business with the weapons to an organization. Use those profits for the underground economy. And of course, you need the banks to funnel the money. A more accurate term might be regulation of the business. Call it illegal but allow it.


I agree people shouldnt be going to jail for 30 years over a nickel bag. There are much more productive ways to deal with addiction for those who want the help.

So now that you are tired of prohibition, you give the slaves a sense of freedom by feeding it to them in another way. Just change the business model, and the delivery system. Neither is a free market and both are controlled by government. Either way, it aint a free market. It is still slavery with a different flavor. Gov loves to create polarities so you never see the middle path.

You dont have to quote the bible for people to realize that plants are indeed a bountiful source of medicine, food, and often used for spiritual purposes mostly now mostly relegated to indigenous populations who use hallucinogens like ayuhasuca, or how the native americans used Peyote. But they used it only in their rituals, NOT as recreation. You learned how to use it through a mentor. You didn't go to a window and hand over your cash. You harvested it yourself. Even the rastafarians, the satanic cults, use drugs in their rituals and rastas frown upon its use in any other way.

This is no different than guns. A gun is not bad or good. A plant can be used for the benefit of mankind or for its destruction. Maybe a higher power gave us judgement and discretion to know right use.

You've used your scriptures with a bias for the same book says.

Be sober minded. Be watchful. Your adversary prowls around like a roaring lion. Seeking someone to devour
Envy, drunkeness, orgies and things like these.... etc, etc, etc.. Your body is a vessel for the Holy spirit. You can look them up. Although back in the day, one apple of the tree screwed up all of mankind. Now it keeps the doctor away.

Im not preaching bible or religion only showing that the same book you quote has a bigger story. The cocoa plant has over 150 chemicals that have been used as medicine for fatigue anxiety, and on and on. I imagine those who believe in a higher power, understand that he also gave humans the power of discretion and judgment how to use the plant for the right purpose.

History of drug use in ancient Greece, Rome, Egypt, Sumeria will reveal that they were contributing factors to the destruction of their civilizations. These cultures have also offered many myths to tell the stories. You'll find words like forgetfulness. Ancient Greece which gave birth to democracy was filled with addicts. Some will tell you that is the reason it gave birth to democracy. But dig deeper and youll find that society and the ruling class frowned upon it and you were a nobody.

Again, Im not against any individual doing what they want in the privacy of their own house. But when the drug business becomes government policy, we have an issue.

Im glad people arent going to jail anymore for a joint. but Im not fooled by the new policy as leniency. Use your mushrooms for omlettes.

I Run Bartertown
Jan 6, 2014 - 6:33pm

(scattered) thoughts on pot

prohibition more damaging than drugs? Certainly

pot making people become docile gov't drones? I can only speak for me, but the thought as a young man that I could be thrown into a cage for having a plant was the seed that blossomed into my loathing of all that they do. I don't think anything about the pot will make people more generally compliant, but I guess ending prohibition does remove one traumatic day-to-day point of contact between the .gov and the citizens. Feasibly there would be some number of people who would otherwise hate them (and maybe - like me - learn more reasons to hate them) who might not if they were just left alone. I have no doubt I would've come to hate them anyway, but the knowledge that they would happily cage me for a plant laid out the ground rules clearly for me as to the nature of our relationship.

Kerbouchard
Jan 6, 2014 - 6:53pm

Owners per Ounce

Bottom graph. Look what happened in 2013!

[Admin Note: The graph has been removed. You are not allowed to publicly post charts from Richard Russell's subscription service.]

Nick Elway Green Lantern
Jan 6, 2014 - 7:03pm

Not so false

Hi GL, thanks for the note..

Quote:
Be sober minded. Be watchful. Your adversary prowls around like a roaring lion. Seeking someone to devour
Envy, drunkeness, orgies and things like these.... etc, etc, etc.. Your body is a vessel for the Holy spirit.
All good advice and no contradiction. The plants were given, free will was given, good advice is not coercion. The individual gets to make the choice.

The only way marijuana was legalized in Colorado was through a direct vote of the people. The State elected politicians were strongly against it, and the regulation makers delight in inventing hoops and catch-22's to make it difficult for the legal business to profit and stay in business. The banks don't allow the businesses to have bank accounts. The IRS audits many marijuana businesses, not allowing business deductions for any normal costs of doing business save cost of goods sold. I'm close enough to the situation to assure you the government in general is making sure the illegal trade will continue to dominate in Colorado.

I used to think politicians and bureaucrats welcomed tax revenue increases, now I am of the opinion it is ALL about control and power. Citizen initiatives scare the bejeezus out of politicians and bureaucrats. They'd much rather have a business fail and have the state lose the revenue than have the state lose "control".

Big Buffalo
Jan 6, 2014 - 7:25pm

Dude

Pot Good.

Gold Good.

Silver Good.

Fiat Good.

It's all good, man.

Contribute

Donate Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

Key Economic Events Week of 3/18

3/19 10:00 ET Factory Orders (Jan)
3/20 2:00 ET FOMC Fedlines
3/20 2:30 ET CGP presser
3/21 8:30 ET Philly Fed
3/22 9:45 ET Markit PMIs
3/22 10:00 ET Existing Home Sales
3/22 10:00 ET Wholesale Inventories (Jan)

Key Economic Events Week of 3/11

3/11 8:30 ET Retail Sales (Jan)
3/11 10:00 ET Business Inventories (Dec)
3/12 8:30 ET CPI (Feb)
3/13 8:30 ET Durable Goods (Jan)
3/13 8:30 ET PPI (Feb)
3/14 8:30 ET Import Prices (Feb)
3/14 10:00 ET New Home Sales (Jan)
3/15 8:30 ET Empire State Manu Index
3/15 9:15 ET Cap. Util. & Ind. Prod.

Key Economic Events Week of 3/4

3/5 9:45 ET Markit and ISM services PMIs
3/5 10:00 ET New home sales (Dec)
3/6 8:30 ET Trade Balance (Dec)
3/7 8:30 ET Productivity and Unit Labor Costs
3/8 8:30 ET BLSBS
3/8 8:30 ET Housing starts (Jan)

Recent Comments

by mistymorning, 59 min 1 sec ago
by Dorothy, 1 hour 32 min ago
by Dorothy, 2 hours 2 min ago
randomness