Posted on 12/17/2011 8:38:03 PM PST by blam
In an oligarchy, your life is merely a concept, subject to interpretation and confiscation.
Well, if it weighs 500 lbs...
You called it.
I think thats what we used to call ‘theft’........
Pure corruption for sure. Best thing these traders could have done is to have gold bullets made.
They are trying to crash the system, no doubt about it.
That’s been my suspicion about the “why” behind MF Global when I first read about their client’s missing money.
Sounds like a serious heist.. convert to gold(precious metals) and they “disappear”...
Could a new genre of heisting.. “black collar crime”...
Convert company assets to gold and the gold evaporates.. like down a black hole..
Congratulations sir. You get it.
It grow worse and worse.
Precisely. It's the natural outcome of an outlook that sees human beings as nothing more than things, animals or machines.
Oh the bullion is still there, the trustee wants to use some of it to pay other creditors, thus continuing the theft of customer assets.
Oh the bullion is still there, the trustee wants to use some of it to pay other creditors, thus continuing the theft of customer assets.
Ayn Rand once said, “Contradictions do not exist. Whenever you think you are facing a contradiction, check your premises. You will find that one of them is wrong.” In this case, the only premise that makes sense is that the SEC and other oversight agencies deliberately ignored the evidence handed to them on a silver platter. The question then becomes, "To what end?"
The answer to that question pops into perspective if we take a look at the outcomes of Bernie Madoff's crimes, which are in the final analysis, no different from those committed by Corzine and his cronies. In brief, the damage they did went far beyond the theft of peoples' life savings and investments. First of all, they did enormous damage to a number of charitable, cultural and civic organizations, deeply impairing their ability to function. Second - and I believe that this was the primary goal - to damage the fundamental trust that people held in common.
Let's take a look at the notion of trust from Francis Fukuyama's point of view. There is much that one can dispute about Fukuyama's analysis of trust, but if we look at what Corzine and Madoff actually did, they broke down the degree of trust necessary for what Fukuyama characterized as a 'high-trust' society. According to Fukuyama, a high trust society permitted the development of modern capitalist structures. Virtually every transaction we make depends upon the trust that we hold in common that our contracts will be honored, from the simple handshake to the most complex of legal agreements. Undermine that trust and you get... what? Chaos? Lawlessness? Sure, Fukuyama's a stopped clock who's right twice a day. But he is right in this case.
And then the question becomes, "Qui bono?" The answer will be found on the Gramsci-Alinsky axis and Quigley's Pakistani-Peruvian Axis. The destruction of trust, the pervasive corruption that many now almost dismiss with a shrug - it's part of the second phase of Gramsci's method what he termed "destabilization". Again, qui bono?.
Finally, the question that should haunt us all is, "then what?" No one seems to want to answer that one, much less think about it. For it requires you to think the unthinkable, doesn't it?
Jim Sinclair is saying they crashed MF on purpose because they were the “clearing house” for funds that were aimed towards futures options on gold and silver which were settleable in November.
So many funds, in fact, that Comex and CME would have defaulted - they didn’t have enough metal.
Look how Celente got burned! They basically stole his money that he was standing for delivery with!
That’s been the game all along. The futures market is so rigged, it’s ridiculous.
Operative words: "Global Failure"
yitbos
Few understand Gramsci or Alinsky tactics and agendas..
Cloward-Piven although Beck championed displaying it/them.. is not displayed even on FOX..
Nowhere is this talked about.. Newt mentioned it “in passing”..
This stuff is radio-active.. no one wants to mention it..
Probably because they do not understand it fully..
There is need for “someone” to simplify this stuff..
Beyond it is a nasty and poisonous malfeance..
On FOX probably O’Really would block any mention of it..
The following is from http://www.barnhardt.biz
On Sychophants, Process Servers & Decoupling
Posted by Ann Barnhardt - December 15, AD 2011 9:38 PM MST
[The BASIS is the relationship between the cash market and the futures market and is very simply defined as (CASH minus FUTURES)].
“The lynchpin that is holding this dynamic together and keeping the futures markets tied to the underlying cash market is the fact that the futures contracts are deliverable, and a trader can either deliver or take delivery of actual physical silver via his futures position.”
***********************************
This crashes the system, doesn’t it?
Pretty much, yup.
At least it destroys any idea of the futures market being a reliable “price discovery mechanism” that it is often touted as.
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