"These are not just a single collection of actions, this is collective action people, working together at their best. I think the New World Order is emerging, and with it the foundations of a new and progressive era of international cooperation. We have resolved that from today, that we will together manage the process of globalization to secure Responsibility from All, and Fairness to All." - Gordon Brown, Prime Minister of EnglandThe world's richest men expect your money because you recognize "what is required:"
"America must play its role in ushering in a new era of peace. What is required of us now is a new era of Responsibility – a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world." – Barack Obama Inaugural Address
Working collectively
Collective action
Working together
A New World Order
A new era of responsibility
A new and progressive era
A new era of fairness
A new era of peace
Duty to your yourself
Duty to your nation
Duty to your world
The process of globalization
Responsibility from All, Fairness to All (a paraphrase of the Communist Manifesto: "From each according to his ability, to each according to his needs.")
Maybe Global Numbing will replace Global Warming :-)
ReplyDeleteFour legs good. Two legs bad.
ReplyDeleteFDR,
ReplyDeleteHas your stop hit yet? This up wave just never seems to end. .
Your paranoia has hit overdrive FDR, and with your views that global warming is not happening, then you are now sitting firmly in the camp of credibility occupied by Creation Scientists.
ReplyDeleteYou have spent one year to 18 months telling people to go to cash in the mattress. If you had some cash, you would now be down about 4% total of that cash, as it could have earned interest. Quoting how much everything else has fallen in value means nothing. If you had cash in the bank, and went to cash in the mattress, then I am certain that those individuals have lost money.
Bravo.
The economy has taken the worst of it, and you seem to hate that. You seem to want more.
Anonymous wrote: "Your paranoia has hit overdrive FDR, and with your views that global warming is not happening, then you are now sitting firmly in the camp of credibility occupied by Creation Scientists."
ReplyDeleteWhile I do find FDR's view on warming to be unusual, I can understand why he believes what he does: he's looking at it from the perspective of a trader, and evaluating it based on how people are pushing it rather than the science behind it.
One must be careful to cleanly separate the science behind something from the way it's used.
Anonymous also wrote: "You have spent one year to 18 months telling people to go to cash in the mattress. If you had some cash, you would now be down about 4% total of that cash, as it could have earned interest."
I think FDR's outlook is a bit longer term than that. His view is that the banks will fail in such a way that they take the deposits with them. That's not necessarily a view I agree with, but I understand why he believes it: it's exactly what happened during the Great Depression.
But history rhymes more than it repeats. During the Great Depression, we were using a gold-backed currency. Today the currency is backed by nothing at all. This is the first time we've had what looks to be a major depression with such a currency, in a country with more military power than any other.
Which is another way of saying that the situation is fundamentally different now than it has been in past depressions, and it would be folly to expect things to play exactly the way they have in the past. Such predictability would not serve the purposes of those in power.
By the way, FDR, if I misspoke for you, please feel free to correct me. What I wrote is based on what I've seen you write here, but only you know what you really think and why you think it.
ReplyDelete"You have spent one year to 18 months telling people to go to cash in the mattress. If you had some cash, you would now be down about 4% total of that cash, as it could have earned interest."
ReplyDeleteCash is up about 100% in buying power since Dow 14,100. You are making a classic mistake of confusing price with value.
Yes, I'm stopped at a 1% loss on the Dow move. I'm happy to be 100% in the silver/gold short, which continues to throw off super gains.
your gold short is looking better and better. nice call.
ReplyDelete"Your paranoia has hit overdrive FDR, and with your views that global warming is not happening, then you are now sitting firmly in the camp of credibility occupied by Creation Scientists."
ReplyDeleteMe and the rest of the National Tea Party.
I was impressed by a lot things about yesterday's showing. If I had to pick and rank the top three:
1) The average age was pretty wise.
2) Lots of the signs showed a complex understanding of the issues, much more so than is discussed or understood by the media--Sanger's creepy photo; that OOC spending is a two party travesty; that the Fed is engineering the collapse--highly encouraging.
3) Shear numbers. That was a lot of people in a lot of locations for something that was essentially a spurious outburst. Amazing. I've never seen anything like that.
As for "views" on global warming, I don't hold a view. I think it was at least possible the earth was in a short term warming cycle before the 2008-to-present temperature drop to well below the temp in 1984.
That said, epoch data indicates we are likely at the bottom range of a steady 25 degree fluctuation. So we are possibly starting a many-multi-million year warming cycle that will contain several hundred thousand year temp climbs and and temp dives.
Those aren't "views."
But isn't that the beauty of the "earth is hot" scam from a rip off artist perspective? They can say that even I agree with them.
In other words, this statement is true:
The are more cars on the road today than in 1984 and almost all scientists agree the earth is warming.
Whereas, the full truth woud be:
While many scientists agree the earth could be in a many-million year warming trend, no serious scientist can logically assign autos as causal to that trend ,since we are cooler today than we were in 1984.
Contrarians can get on here all they like and diss FDRAOA about how he is wrong but I've been following his perceptions for about a year and a half and I'm still here. And I actually put my name to my posts. fwiw
ReplyDeleteJust wanted to bump here to say this is by far the most contrarian blog you can get. Deflation and global cooling. Thank you for keeping it up dude. Have been following your posts FDR since marketwatch forums times.
ReplyDeleteAbout global cooling = i believe i read a science article that this is about 11-year (and more lengthy ofc) Sun activity periods. Anyone can look it up. When i look at people jumping up on the Gore bandwagon after flaming him like hell, i see the same people who flamed Schiff and now are his most ardent followers. All these new converted gold bugs and stop-global-warming-paranoia crowds - you are so gonna get burned in the coming years