Octet

1.  Just so you know, World War 3 will be completely unlike the two previous World Wars, so don’t expect it to happen like that, because it can’t.  Europe, for all intents and purposes, has no standing armies, nor could it muster men, even with conscription.  The post-Christian, post-modern man will not fight to defend himself.  He is psychologically emasculated and saturated with self-loathing.  Further, war will never be formally declared.  You will not see the U.K. (whatever is left of it), France, Germany or the U.S. declare war on anyone, ever.  That’s all over.  For the U.S., that ended with World War 2.  You all know that the U.S. never declared war in Korea, Vietnam, or anywhere else since World War 2, right?  Additionally, while World War 3 grinds its way forward through time, and as millions upon millions die, the media will continually state that THERE IS NO WAR, and anyone who says that there is a war is just a loon.  And the people will nod their heads, and the body count will rise, but it won’t be WAR you understand, because everything’s fine.  Kinda like how there’s no inflation.  It will be like that.   And the body count will far, far surpass the 70 million of World War 2, perhaps by more than an order of magnitude.

2.  I know a lot of you out there are big Sarah Palin fans.  Heck, I was excited about her when she first came to prominence in ARSH 2008.  But, um, we need to let that whole thing go.  She’s not serious, and in fact, the whole family is now degenerating into full-blown snowbilly farce.  Drunken fights … as a family?  I can understand maybe one of the older kids going out and getting drunk and acting stupid, but when your family evening activity is going out and picking fights AS A FAMILY UNIT, um, no.  You’re done.  Thanks.  I have been talking about this for years, but Sarah Palin is in no way qualified to lead western civilization out of the enormous and complex mess that it is in.  Do you honestly think Sarah Palin can lead militarily a war against the Caliphate-Sino-Russian-New World Order Axis?  Because any genuine leader that is going to emerge is going to have to prosecute that war.  Do you think Sarah Palin has any grasp of economic, financial or banking theory?  Because any genuine leader that is going to emerge is going to have to manage not just the collapse and fallout of the extant economic and financial paradigm, but also begin the rebuilding process, ensuring that the same mistakes are not allowed to recur.  Do you think Sarah Palin is in any way qualified to provide serious moral leadership?  Look, whether you all want to face this or not, there is some extremely unpleasant business that is going to have to be taken care of in order for there to be any hope for rebuilding after the war.  The baby slaughtering is going to have to stop.  The sodomitical and other sexually perverted culture and behaviors are going to have to be clamped down on severely and contained.  The white collar and political crimes and criminals are going to have to be likewise gone after with a tireless ferocity, and as a corollary to that, some people are going to have to be executed.  Administering justice is a huge, grave responsibility that requires tremendous wisdom and moral rectitude.  That is why judges used to be so respected, because only the best men in a society were worthy of or qualified for such an important role – because they hold other men’s lives in their hands.  Sarah Palin?  Who couldn’t parlay her political fame into mainstream media engagements fast enough?  Really?  No.  I certainly wish her and her family well, but, come on.

3.  Are you noticing how the media is conditioning us, and we are being desensitized to the beheadings?  Foley was top headline news for an entire 36 hour news cycle.  Sotloff lasted 6-8 hours.  Do you even know the name of the third?  It’s Haines.  David Haines.  And there is another on deck.  And you know what?  Nobody really cares.  ‘Cause, you know, beheadings happen, and there’s nothing we can do about it, so there’s no sense getting all worked up about it.  Hey!  Football!  

4.  Really good stuff, and yet another manifestation of the whole “get past the 36 hour news cycle and you’re as safe as a kitten” dynamic – remember Jill Kelley, the creepy skanky lady who ended up getting both Gen. Petraeus and Gen. John Allen in hot water sufficient to bring about both of their resignations?  Well, Allen has just been appointed by the Obama regime as some sort of civilian commander of the fake ISIS operation.  Read up both HERE at Conservative Treehouse, and then definitely HERE for Debbie Schlussel’s piece on “Jill Kelley”, real name Gilberte Khawam of the Beirut Khawams from November ARSH 2012, and then don’t miss THIS PIECE from the Tampa Tribune reporting on Kelley being recruited by an Afghani MP as a lobbyist, a position which she happily took saying on the record, “”I am honored to resume my focus to promote cross-cultural dialogue and global trust for a peaceful and strategic exit to help our U.S. and Coalition forces transition out of Afghanistan.”  This woman is allegedly a doctor’s wife who loves to shop and throw dinner parties (for some reason) for flag officers at McDill AFB.  Riiiiight.  Youbetcha.  And Mata Hari was just a misunderstood Hindu dance enthusiast.

5.   I tweeted earlier KD’s article confirming and reiterating the warnings about SIPC brokerage account “insurance”.  I just want to re-emphasize something that I have been saying for years about these so-called insurance programs as stated by a commenter on the thread below the article:

“All of these guarantees are only good until the losses get too large…In a market-wide or world-wide negative event you will not be protected as the math will not allow it.”

Bingo.  Even if SIPC and FDIC weren’t completely crooked, this boils down to the objective reality of MATH, which nobody seems to understand.  Insurance, like the fire department, can cover only small, discrete risk events.  ONE bank fails.  ONE brokerage house or money market fund implodes.  ONE house catches on fire.  There is enough money in the risk pool, or enough manpower and water to handle ONE event.  If the whole CITY simultaneously goes up in flames, then the fire department serves absolutely no purpose because, constrained by reality, they cannot be everywhere at once with sufficient water to extinguish an entire city burning.  Likewise, no insurance provider of ANY STRIPE, public or private, can cover a systemic catastrophic risk event.  Because… MATH.  Because by definition the risk pool fund MUST be a fraction of the size of the total system.  How could an insurance provider within a given system be bigger than, or even equal in size to the system itself?  DUH!!!!!

I was sent a link to this great post titled “Demonic Expressions” – 5 expressions that attract demons.  They are:
1.  G – D it.
2.  Drop dead.
3.  I swear to God.
4.  Hocus pocus
5.  Kiss my ***.

I knew about Hocus pocus, which is the mocking the words of consecration of the Eucharist, Hoc est enim Corpus meum.  As in, ah, that’s all just a bunch of hocus pocus.  You can see why the demons come running.

I had no idea about #5 being from the satanic black mass.

In number two, I was especially struck by the line, “To actually feel delight in someone else’s pain is a ‘character trait’ of demons.”

With regards to the first, I would add ALL taking of Our Lord’s Name in vain.  It is strange, but thinking back as a child, I had a family member who used our Lord’s Name constantly as an expression of disgust and contempt, and delivered it with extreme hyper-enunciated gusto.  And from the time that I was a teeny, tiny child with absolutely no real idea who Jesus Christ was, I knew that That Name was different and sacred, and that when That Name was said like that, that it was a very bad and scary thing, and that the person who said it was to be avoided.  If you want to get your head around what exactly it is that you’re doing when you use His Name as an expression of disgust, simply replace His Name with the name of the non-divine person you love most in the world.  Then imagine yourself calling out that person’s name as an expression of disgust.  A few weeks back, if you remember, I had a chunk of poop fall on my foot from a toilet brush when I was cleaning that trashed apartment.  Imagine poop falling on your foot and calling out the name of your most beloved person as an expression of disgust.  It’s depraved, right?  Well, your beloved person isn’t Perfect Good and Infinite Love who hung on a cross and died for your sins, now are they?  So how much sicker is it when we do it to God?  Yup.  There’s a reason why it is the Second Commandment.

7.  Here’s a fantastic interview with the delightful Dame Alice von Hildebrand.  It is 90 minutes, and the interviewer, Eric Metaxas, needs to cut the comedy routine – it is inappropriate given the stature of the interviewee AND given the fact that Dr. von Hildebrand is 91 years old and deaf, BUT, it is still a great watch.  It is titled “Man and Woman: A Divine Invention”.  Dame Alice LOATHES feminism and dismantles it thoroughly.  My favorite point of the myriad she makes is the fact that women are attracted to men they admire, and are not visually-centered in their attractions they way men are.  A sure sign of a profoundly morally feeble woman is one who is driven in her attractions by physicality.  Beware grown women who say things like, “Er mah gash, look at him, he’s so HAWT!”  Ew.  Just… ew.

8.  And now for something so wholesome, your head might explode.  I LOVE the early Lennon Sisters.  Yes, from the Lawrence Welk Show.  I ain’t ashamed.  They’re so beautifully wholesome.  And I love vocal harmony.  Cruise over to their Wikipedia entry and read up.  It would make a compelling movie.  This is what we have to return to someday.  We’re at Miley Cyrus now.  It’s gonna be a long, long walk.  So, might as well get started!  This is one of my favorite standards, “Harbor Lights”.  

Billboards, Mailbag, and a Much-Needed Dose of Nat Cole

1.  Let’s revisit the interview I gave to the good folks over at IOwnTheWorld.com the day after my Koran Burning video went viral back in April of ARSH 2011.  IOTW has pruned their archives and it is no longer available there in full, but here is the AmericanDigest.org piece linking to it, with excerpts.  I’ll just post this one question and answer.  Remember, this is from three years ago.  #TOLDYA  Too bad the Constitutional Republic has been overthrown and the remaining putrifying carcass of the “three branches”, bureaucracy and military is fully infested by agents of the Caliphate.  Too late.  It’s gonna get ugly.

iOTW – Islam uses the constitution to their advantage. How do we do battle with islam without trampling the constitution?

AnnDeclare war against the Caliphate, just like we did against the Third Reich. Same bloody thing. And I’m not kidding.

2.  Let’s go back even further in the ol’ time machine to ARSH 2010, before I had gone uber-viral.  Old timers around here will remember that I bought two billboards on eastbound I-70 just outside Ft. Riley, Kansas on the eastern edge of Junction City, Kansas.  Several readers even pitched in cash donations so that they could have a piece of the action without making themselves IRS targets (um, yeah, #TOLDYA about the malicious auditing).  They were there until I went to live in “The Van Down By the River (™)” in the spring of ARSH 2013.

Obama Kansas Billboard Ann Barnhardt

The top one (Obama is a Fraud – Demand Resignation Now!) was first, and when the community college that had the billboard in the space below became *scandalized* by it, they demanded that their billboard be moved.  The manager of the company then offered me the right of first refusal on the space and I naturally jumped at it.  By that time enough had happened that I was ready to go to war.  Hence the “Wannabe Marxist Dictator” billboard.  Um, again: #TOLDYA.  Every time I would drive that stretch on business trips to Kansas I would roll down my window and let forth with a mighty war whoop.  Anyway, here is an interview that I gave to a very hostile commie rag out of Kansas City about the billboard.  I gotta say, the dude was fair and polite and reprinted everything I sent him, and even accepted a correction a sent him.   Here is an excerpt:

2. While I see and understand your point, after watching the Obama regime do what they have done with regards to spending and the truly unprecedented increases in debt (I concede that GWB engaged in the same, but on a minutely fractional scale), their blatant disregard for and manipulation of the Constitution and rule of law vis-a-vis the legislative process (passing the ObamaCare bill via reconciliation), and the inexplicable failure to respond to the oil spill (which could have easily been a huge public relations win with minimal effort), coupled with Obama’s past and current intimate associations with radical Marxist anti-Americans, I can not come to any reasonable conclusion other than the willful malicious intent of these destructive, lawless acts. Given this, I feel that it is my moral obligation to alert as many people as I possibly can to this so that whatever harm can still be averted is averted. Having said this, I truly hope that I am wrong and that 10 years from now you can laugh at me and call me “crazy”. That would be the BEST POSSIBLE outcome, and one that I pray for daily. But at this point, I am completely unconcerned about “offending” anyone or “making people feel uncomfortable”. Sometimes offense and discomfort are the only ways to get peoples’ attention. So be it.

3.  Here is a very kind email.  I get quite a lot of these.  I continue to be amazed at how many apologies I get, and also by the number of extremely hostile comments around the innerwebz about me that contain blunt concessions that what I have said is true, or that my logic cannot be argued – but that I am still a physically repellant nut.  (I can’t stand that ugly, shrill, holy-roller religious whack nutcase, but she’s right…) I never see such concessions made to any other pundit/commentator/screeching harpy.  It’s weird.  Anyway:

Hello Ann,

I hope this finds you well.

I have to admit, my exposure to you in the past has not been favorable. You just didn’t grab me. You struck me as out of place, pink gun and all. So, I shooed you out of the way.

But, I happened upon “Big, Fat Told-Ya-So” and was edified. So, I kept reading. Your piece on being ashamed kicked me around pretty good. I thought to read it to my wife…when I stop squirming a bit.

I’m adding you to my reading list. I now feel somewhat robbed for my previous prejudices towards you, but once I read your FAQs, the air cleared. I hope you don’t mind the previously ignorant and admittedly so entering the circle.

And I hope to remember to throw some lunch money your way. I’m glad to see another person “opt” out of this system and this world as we have…and to demonstrate how like Christ we can live depending solely on God and not on the trappings (read dole) of this world.

Take care and many blessings to you and yours.

S&D

4.  I saw this piece two weeks ago and, once again, I have been confirmed.  When I say that there is no hope in Washington D.C., I’m not just running my mouth.  Therefore, anyone, and I do mean ANYONE who is still engaging that system is either hopelessly stupid and deluded, or a con-artist.  It’s all kabuki theater, and these political campaigns and candidates are about one thing:  the money.  All campaigns are about is raising money from gullible people and then invoicing and cross-invoicing their buddies who set up sham companies under the guise of “campaign consulting”.  The Tea Party Express “raised” $9.5 million at a cost of $8 million (invoicing and cross invoicing “consultants”) and gave only $400k to campaigns.  This is all a function of the post-Christian, post-American sports culture mindset.  There is Team A and Team B and everyone is desperate to root, unconditionally, for “their team” so that they can belong to and be loyal to something.  Because, you know, belonging to and being loyal to OUR LORD AND HIS HOLY CHURCH is so passé in this glorious, enlightened, evolved, sophisticated modern culture.  Nature abhors a vacuum, y’all, and that’s what this culture is: a giant, sucking vacuum.  If you can’t see that the consultants are the ones who established the entity in the first place in order to bleed it dry after cravenly identifying a new political demographic cash-flow vein they could tap, then I just don’t know what more I or anyone else can say or do.   

I beg you, remember the Barnhardt Axiom:

Seeking and/or holding office, especially national-level office, is, in and of itself, proof that a given person is psychologically and morally unfit to hold public office.

5.  And now something beautiful.  Nat Cole’s cover of “(I Love You) For Sentimental Reasons”.  Sigh.

Starting Saturday Off Right: Delicious, Scrumtrulescent Croissants Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

CroissantCoffee_671794

So yesterday was the Feast of the Most Holy Name of Mary, which Pope Innocent XI made obligatory throughout the entire Western Church in ARSH 1684 as an act of Thanksgiving for the deliverance of Christian Europe from the musloid hordes at the Battle of Vienna the year before in ARSH 1683.  King John III Sobieski placed his army under the protection of the Mother of God and she delivered the victory.  In Vienna, a new pastry was invented to celebrate the great day.  This new pastry was made in the shape of the vanquished musloid half-moon crescent.  We now call this pastry by its French name: croissant.  Heh.  The Viennese, in a further delicious dig, also served their scrumtrulescent new pastry with the exotic new beverage: coffee - which came from the vanquished Turks.  Double heh.

Croissant and coffee:  truly the breakfast of champions.

Mary, Help of Christians, pray for us.

Evergreen Fury and Learning to Say Goodbye Every Day

I watch this, and it all comes right back.  Trembling, quaking rage.  Good.  It’s a consolation to know that I’m still human – at least a little.  Please, God, let me never become like the blunted, impotent wretches of western civilization, self-righteously indifferent to evil, desensitized, unable to sort reality from the flickershow.

Now that the Obama regime’s plans are coming to full, open fruition, and we can expect the Caliphate to begin launching major attacks in the West at any time, there is a lesson we should take from 911 dispatch tapes like that of Kevin Cosgrove.  If you find yourself in a situation wherein death is near, by all means, call 911 or anything that you know will be recorded – even if it is your own voicemail.  And then use that time and the fact that you are being recorded to talk to the people you love, and to pray.  Tell your family and friends how much you love them.  Tell your enemies that you forgive them.  Tell God that you are sorry for all of your sins not only because you don’t want to go to hell, BUT BECAUSE YOU LOVE HIM AND YOU KNOW THAT YOUR SINS OFFENDED HIM, WHO IS PERFECT GOOD AND INFINITE LOVE.

“The Grace of a Happy Death” that we pray for in the Fourth Glorious Mystery of the Rosary (Our Lady’s Assumption into Heaven), for some, might just be the consolation of dying knowing that we died with the Love of God and of Neighbor on our lips.  If it is recorded, so much the better.

And, it seems to me, that we should indeed “live like we are dying” in this sense.  Tell your loved ones that you love them.  Attempt to make an act of perfect contrition every day.  Acknowledge every day that it could all end tomorrow.  When I went on my pilgrimage to Rome back in ARSH 2012, on the last evening I sat for quite a while in the neighborhood church after Mass and tried to memorize and drink in as much as I could – the altarpiece, the architecture, the pews, the smell, the way the sound carried.  I did the same thing when I got back to my hotel – I went and sat on the terrace which overlooked St. Peter’s Basilica and just stared at it.   And while I was terribly sad to leave, I was consoled by the fact that I had “said my goodbye”.  I do this action of taking a last look and saying a silent goodbye – just in case – to places and people now quite a lot.  And while it may sound macabre to the decadent post-Christian, post-American ear, it is no such thing.  I reckon this might be a little bit of what is meant by the term “detachment”.  As you can see, in this sense, to be detached is the opposite of indifference or aloofness.  I can’t imagine how it could be bad to internally take leave of those we love as if it is for the last time, and then to greet them internally as if we never expected to see them again.  And then when and if the “real deal” happens, we will already know what to say and how to say it.

Rest in peace, Kevin Cosgrove and all the others.

Scrumtrulescence: Balsamic Steak Marinade (and then some depressing commentary)

1.  Scrumtrulescent Balsamic Steak Marinade

1/4 cup balsamic vinegar
1/4 cup olive oil
1/4 cup soy sauce (the good stuff, with enough sodium to kill a small llama – yum)
scant 1/4 cup worcesteresterestershester sauce
one big, fat heaping tablespoon brown sugar

Whisk together until the brown sugar is dissolved.  Pour over steaks in a big Ziploc bag and let marinate for at least four hours, up to 24.  Just be sure that the steaks are allowed to come up to room temperature before going on the grill.  Putting cold steaks on the grill is a sin against nature.  Don’t do that.  Don’t ever do that.

I whipped this up ad hoc not long ago in order to augment some round steaks that a friend in Riverville had somewhat inadvertantly bought for the grill.  Round steaks are from the butt, and are thus tougher and less marbled than ribeyes and strips, and thus need “help”.  When these came off the grill, grown men cried.  True story.  This would also be fantabulous with flank steak or skirt steak.

2.  Sorry again for the shameful lack of posts.  I dunno.  It’s just slightly deflating to see all of this monumental, evil stuff going on, and the top headline on Drudge is “Joan Rivers Plays Heaven”.  Yeah.  Because the completely expected death of an 81 year old woman who was addicted to self-mutilation, who had herself anesthetized in a doctor’s office, and was a fifth-rate “entertainer” at best, is clearly THE MOST IMPORTANT THING IN THE WORLD.  You betcha.  Let’s canonize JOAN RIVERS.  Next you’re going to tell me we should canonize Paul VI Montini.  Oh, wait….

3.  And then I go to sites like Ace of Spades and they are still, STILL trying to parse Obama and the Obama regime from the false premise that Obama and the regime are NOT the malignant, psychopathic (incapable of feeling shame or guilt), sworn enemy belligerents of the American people and milieu that they are.  What can Obama be THINKING??  How could he possibly be so INEPT?  Well, what Obama is thinking is, “I’d sure like to smoke some crack and then be fellated by one of my male concubines.  It’s been six hours since the last time I smoked crack and was fellated.  I gots to get me some crack and fellatio.  Somebody bring me some crack.  And then **** my ****. ”

Meanwhile, Obama’s handlers are thinking, “It’s all going according to plan.”  Because it is.  It’s all intentional, conceived long ago with malice aforethought.

4.    In my Economics YouTube presentation, I discussed the secession movements in Scotland (from the UK), Catalonia (from Spain), and Venice (from Italy).  Scotland is now polling at 51% with momentum in favor of secession, with the referendum on September 18th.  Here is my take on this.  Scotland is a grotesque welfare piglet, suckling off of the x-rays being emitted by the financial black hole of doom that is London.  So, if Scotland secedes, Scotland will fail and collapse, because that is what welfare states do.  BUT, in the interstitial euphoric period, the Scottish secession, if it happens, will provide massive encouragement and momentum for the Catalonian and Venetian movements.  Scotland could be the spark that sets off a chain of sovereign delinkages.  I advocate the return of Italy into its natural three or four separate states – with separate, competing currencies!  Only this will allow the south of Italy to ever get on its feet – oh, and also a heckuva lot of mafiosi will have to be publicly executed, too.  The Italian Republic is a purely synthetic fiction.  But what is very troubling is the Catalonian independence movement in Spain.  Catalonia is the stronghold of the resurgent Andalusian branch of the New Caliphate.  An independent Catalonia would effectively be the first foothold of the Caliphate on the European continent.

5.  So, um, turns out that Cardinal Timmy Dolan up there in Nueva Jork really and truly is an unmitigated jackass, as I have been screeching and caterwauling for YEARS, huh?  I was going to write a huge screed, but then I saw Mike Voris’ Vortex on Dolan from earlier today, and he says exactly what I was going to say.  The only thing I will add is from the little preamble in my Missal for yesterday’s Mass, the 13th Sunday after Pentecost:  “We ask for the virtue of charity, which renders us lovers of the Divine Law, and practicers of it.”  As Mike reiterates so well, Dolan gives every appearance of despising the Divine Law, and thus suffering from a complete dearth of charity.  The man would sell his grandmother to the Nazis in exchange for a tepid round of applause.  He seems to not care one iota, that is to say is completely indifferent to Our Lord and about the souls of other human beings, and cares only for his own earthly, worldly acclaim, to the point that he will now embrace and cheer men who shove their erect penises up into the feces-laden rectal vaults of other men, and then use said rectal vaults as the point of friction for masturbation; a crime against God, nature, one’s self and one’s neighbor that is so vile that it causes even the demons to withdraw in disgust, cries out to heaven for God’s vengeance, and makes Our Lord, Incarnate, in His own words, “nauseous”.  Remember, indifference, not hatred, is the opposite of charity.

Oh, and all of you neo-conservative Novus Ordo “everything’s awesome here in the new springtime of the Church” Catholics for whom Dolan has been a hero, SHAME ON YOU.  Shame on you for not instantly seeing through this OBVIOUS charlatan. The man could not be any more insincere, smarmy, and sleazy in his comportment.  I’ve seen bottles of Mexican champagne that projected more sincerity. The evidence has been right in front of you for years, not the least of which is his raging hatred of the Holy Sacrifice of the Mass, the Mass of the Ages, as offered from the Last Supper up until the Asteroid (™) impacted in ARSH 1969.  Y’all need to come to grips with the fact that hatred of the Old Mass is a surefire indicator that something is terribly, terribly wrong with a given prelate, priest or layman.  Preach on, Mike:

6.  As an addendum to my “We Should Be Ashamed” post, here is a fantastic piece that was published over at Rorate Caeli called “Post-Christian and Secular: The Loss of Pudor”.  A friend pointed it out to me by saying, “Oh, it sounds just like you, except… GOOD, and with Scripture, and quotes from the Aeneid.”  Wisenheimerus.

7.  Yes, I fully agree with Laurence Kotlikoff’s warning that the SIPC (Securities Investor Protection Corporation – like the FDIC but for securities accounts) is an insurance scam and with his warning to clear out of all brokerage accounts.  Obviously.  We knew this already from the MFGlobal theft and subsequent rape, which SIPC was fully complicit in.  It is what I’ve been screaming since MFGlobal in November of ARSH 2011.  Kotlikoff rightly warns of SIPC not only NOT insuring the theft of customer funds, but of the SIPC declaring any and all failed custodial firms or funds as Ponzis, and thus enabling SIPC to CLAW BACK any funds that may have been withdrawn prior to the collapse.  Yup.  Not only will they not insure customers, they will sue you if you prudently manage to get out of the system showing any sort of a profit on the account.

Here is an interview I did with Warren Pollock back in ARSH 2012 in which we touch on this idea, and how legal precedent has been set via a non-reported but desperately important legal decision from the 7th Circuit involving the collapse of a Chicago Ponzi scheme called Sentinel.  The Sentinel ruling essentially said that ANY person or entity that deposits money into a custodial account gives up ALL PROPERTY RIGHTS to that money, which then becomes the property of the Ponzi which it then uses (“rehypothecates”) as collateral to margin its own mega-levered proprietary trading schemes.  And when it collapses, the bankruptcy courts, exchanges, regulators, FEDGOV and alleged “insurers” will all collude to funnel every dime of collateral belonging rightfully to you, the great unwashed, to the mega-bank counterparties, including clawing back money that you pulled out of the system before the collapse.  Just like they did with MFGlobal.  Thankfully there were no clawbacks in the MFGlobal rape, but it was being discussed – seriously.

Many, many people deride and disdain Cassandras like me, Warren Pollock and Karl Denninger because we have been warning about this for years and the system hasn’t gone “nuclear meltdown” yet.  Now do you see why we have been warning for years, not concerned with trying to pick “the top of the bubble”?  Do you think it was better for people to pack up and leave Germany YEARS before the war started, or was the best move to wait until the day, or the hour before the bombs dropped on their specific house?  The sooner you get out and the more temporal distance you put between yourself and “ground zero”, the better off you will be.  People who have been out of the system for two or three years will be much safer vis-a-vis clawback than people who are just now getting out.  And really, what it all comes down to is if you see and understand what is inevitably coming, you are morally obliged to  move and make ready immediately, and not cravenly speculate and tempt God by hanging around trying to play a bubble.  There’s no free lunch, people.  You mess with the bull and you get the horns.  Every time.

Starting Monday Off Right: Happy Birthday, Blessed Virgin Mary! Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

Nativity of the Blessed Virgin, Giotto, Scrovegni Chapel, Padua, ARSH 1305

Nativity of the Blessed Virgin, Giotto, Scrovegni Chapel, Padua, ARSH 1305

This is the explanatory preamble from my missal for today’s feast, the Nativity (birth) of the Blessed Virgin Mary (nine months to the day after the Feast of the Immaculate Conception, naturally).  I thought it quite beautiful and timely, for those of us feeling the weight of the darkness of these days:

At the time of Mary’s birth the whole world was plunged in darkness.  The heathen nations were steeped in vice and pride.  The Jews, beloved of God, had strayed from Him.  Everywhere there was sin and gloom, no bright spot on the face of the earth.  But when Mary was born a light arose amidst the darkness:  the dawn of the glorious day that was to usher in the Redeemer.

Remember, The Blessed Virgin was born with the egg that would be fertilized by the Holy Ghost and thus incarnate Our Lord already in her ovary, fully-formed with half of Our Lord’s DNA, just waiting.  Who knows what foundations and groundworks He has laid on the earth and in our lives, already extant or partially so, just waiting to be completed and realized in the fullness of time according to His will?

BIG, FAT TOLD-YA-SO: CENTRAL BANKS TRADING & MANIPULATING ALL MARKETS

The S&P, the Dow, US Treasury Bonds, CURRENCIES (WHAT THE $%^&!), Petroleum, Metals, Agricultural Products, everything.  The Chicago Mercantile Exchange and CFTC have openly confirmed that CENTRAL BANKS are in the markets by posting the REDUCED FEE STRUCTURE for CENTRAL BANKS that trade the futures and options markets.  That link goes to the CFTC.  The Commodity. Futures. Trading. Commission.  As in the Federal Government of the Iniquitous Gutter Kleptarchy, your tax dollars at work, ‘Merica.  The CME has a special incentive program for Central Banks to trade.  Isn’t that nice of Terry Duffy and the boys to give the Central Banks a break on fees?  Aw.

Here is the write up at ZeroHedge, sourced from, yet again, Nanex.

There is no acid-trip rabbit hole deep enough to match the depths of insanity that have now been plumbed.

Are we fuzzy on what a “Central Bank” is?  Well, let’s go the definition just so everyone is crystal, crystal clear on this:

Central Bank: an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the amount of money in the nation, and usually also prints the national currency, which usually serves as the nation’s legal tender.

Um, yeah.

Sooooo do you think that it is a tiny bit problematic for entities that PRINT MONEY to trade equity, currency and commodity markets?

Do you think it is problematic that an entity that can print theoretically infinite amounts of money IN ORDER TO MEET ITS MARGIN CALLS can trade massively leveraged markets?

Do you think it is problematic that entities that can stand theoretically infinite losses, who can print their way out of ANY position with effectively zero need to ever close out a position, and thus utterly destroy any connection whatsoever of the markets to REALITY, do you think that might just present a tiny bit of a market integrity issue?  Just a smidge??

I want someone to explain to me how honest cash-derivative basis convergence can possibly, possibly happen if one side of the market has an infinite supply of funds, and thus for whom the entire notion of “losses” becomes a complete irrelevancy.  Please.  I’m all ears.

I want to know how arbitrage can occur in that environment.

And perhaps THE ENTIRE POINT:

I WANT TO KNOW HOW ANY DERIVATIVE MARKET CAN POSSIBLY REMAIN SUBJECT TO ITS UNDERLYING CASH PRODUCT/COMMODITY IF THERE IS NO WAY TO FORCE PRICE CONVERGENCE BECAUSE ONE SIDE HAS AN INFINITE SUPPLY OF MONEY.

I WANT TO KNOW HOW THE CASH MARKETS ARE NOT THEN PERVERSELY DRIVEN AND THEIR PRICES “SET” BY THEIR DERIVATIVE MARKETS,  EVEN UNTO COMPLETE IRRATIONALITY AND UTTER DELINKAGE FROM REALITY, WHEN ENTITIES WHO CAN PRINT THEIR OWN MONEY ARE TRADING DERIVATIVES.

Food.  Energy.  Currencies.  Precious metals.  Interest rates.  Equities (stocks).

Now we know why these flash crashes happen.  Now we know how it is that super-massive orders and trades have wrought havoc on the markets – running stops and clearing everyone and everything on the other side out in quantities that surpassed the sizes of any possible private market participant.  Central banks.  You people are trying to trade against someone with an infinite supply of money.

As I have been screeching for years, it’s all fake.  See Part 7 of my Economics Presentation on YouTube, beginning at the 8:30 mark.  There are no real people left in the markets.  It’s all a facade, and behind there is nothing but Central Banks and computer algorithms, propping up whatever prices the oligarchs want propped-up (like the EQUITIES MARKETS), and suppressing what they want suppressed (like the METALS). Oh, and there are yet a dwindling handful of imbecilic stooges and the used-car salesmen brokers who lack the integrity to tell their clients the truth, both hoping to milk and pimp just a few more bucks out of the orgiastic abomination.

And it is hinted at the end of the ZeroHedge piece, but I will state it explicitly just to get it out there:  The United States Federal Reserve Bank is trading the markets through a super-massive hedge fund/ high frequency churn house called Citadel.  Now we know why Citadel is levered-up to the jaw-dropping extent that it is:  Why fear leverage when your number one client meets its margin calls by PRINTING US DOLLARS?

When I folded my firm in November of ARSH 2011, it certainly smacked of defeat.  I admit that.  Just because I did it with moral certainty doesn’t mean that there wasn’t a decided air of “the bad guys won and I lost” about it, and doesn’t mean that it wasn’t a tough pill to swallow at the time.  But now, good grief, I am so overjoyed to have my engagement with these markets and that industry in the rear-view mirror and totally out of sight I can hardly describe it.  All of us who have been calumniated as “tinfoil behatted loons” with regards to the corruption, manipulation and non-viability of the markets now stand confirmed and vindicated.  How is anything other than a total financial market strike justifiable now??

When I concluded my “shutting down letter” with the words of David, it was with the grinding teeth and clenched fists of a blind faith.  Now I restate it with nothing but confirmed joy:

“This is the Lord’s doing; and it is wonderful in our eyes.”  

Yes, it was, and yes, it is.

 

 

 

 

Starting Saturday Off Right: St. Rose of Lima Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

St. Rose of Lima, Claudio Coello (ARSH 1642-1693)

St. Rose of Lima, Claudio Coello (ARSH 1642-1693)

We read that her confessor offered himself to go to the missions, but he feared because of the dangers it would entail. After consulting the saint, he heard these words: “Go Father, and do not fear. Leave all to labor for the conversion of the infidel, and know that the greatest service that man can offer to God is to convert souls, for this is a work proper of the Apostolate. What greater happiness could there be than to baptize, be it only a little Indian child who would enter Heaven through the gates of Baptism?”

 

The “Gone Concern Buffer”, aka Seizing Your Bank Deposits

This came across the transom a couple of days ago, and SHTFplan.com has covered it here, but this REALLY needs to be pushed and publicized.  You’ve GOT to get your wealth out of banks – most especially the big ones.  This is truly sinister, and straight from the mouth of the Vice Chairsatan of the Fed, Stanley Fischer, and a speech given on August 11th at “The Great Recession–Moving Ahead,” a Conference Sponsored by the Swedish Ministry of Finance, in Stockholm, Sweden, as posted on the Federal Reserve Bank’s official website.

Additional steps have been taken in some countries. For example, in the United States, capital ratios and liquidity buffers at the largest banks are up considerably, and their reliance on short-term wholesale funding has declined considerably. Work on the use of the resolution mechanisms set out in the Dodd-Frank Act, based on the principle of a single point of entry–though less advanced than the work on capital and liquidity ratios–holds the promise of making it possible to resolve banks in difficulty at no direct cost to the taxpayer. As part of this approach, the United States is preparing a proposal to require systemically important banks to issue bail-inable long-term debt that will enable insolvent banks to recapitalize themselves in resolution without calling on government funding–this cushion is known as a “gone concern” buffer.

“Bailing-in” is what happened in Cyprus last year.  Remember that?  Probably not, because it was more than 36 hours ago.  Customers’ bank deposits were swept in order to “recapitalize” the Cypriot banks, hence the phrase above “recapitalize themselves”.  Customers were issued, in exchange for their cash which had been stone-cold stolen from them, long-term debt in the banks, bonds which were worth less than the e-paper they were written on.  That is what the “long-term debt” referenced above is.

Isn’t it interesting how these people think that stealing OTHER PEOPLE’S MONEY held in SACROSANCT CUSTODIAL ACCOUNTS constitutes banks “recapitalizing THEMSELVES”?  I know it is still hard for some people to comprehend how totally the Rule of Law has been reduced to a veneer mere atoms in thickness in western civilization, but when you deposit money in a bank, these people view that money as THEIR property, because stupid peasants like you exist simply to subsidize them.

But hey, at least they won’t have to call on “government assistance” after seizing all of their customer seg funds (exactly like MFGlobal) and mollifying you, the great unwashed, with their junk bonds.

The term “gone concern” is defined as “a defunct firm or one in the process of being wound up. Debts of such firms become due immediately in full, their market value is determined on the basis of auction or liquidation value of their tangible assets, and their goodwill counts for nothing.”

So yes, the Vice Chairsatan of the Fed is talking about “systemically important”, read BIG, banks as “gone concerns”, because that is exactly what they are, and further calling on these banks to establish a plan RIGHT NOW for seizing their customer deposits to “recapitalize”, or “bail themselves in” while cravenly maintaining the political line of “not taking government money”.

As I said in the spring or ARSH 2013 when it happened, Cyprus was a test run for the big show in the U.S. and western Europe, as was MFGlobal 18 months before.  The people there rolled over and took it, and to be perfectly frank, I believe that right now there is no more flaccid, impotent, submissive culture on this planet than in the former United States of America.  You might say, well, what about Ferguson?  What does Ferguson have to do with it?  Pookie, Tyrell and Shemeequa DON’T HAVE ANY MONEY IN CHASE, BANK OF AMERICA or CITI.  They live on gubmint EBT cards.  Jose and Hose B, coming out of Old Mexico, are FAR to savvy to ever deal in anything except cash money and Tide detergent, homes. No, those trillions in deposits, they belong to the most enfeebled and non-threatening creatures ever seen in all of human history:  the post-Christian post-American caucasian.

Not only will no one do anything AFTER it happens, even when warned and shown explicit, clear language openly declaring what is intended to be done, the post-American caucasian is so thoroughly whipped that he can’t even summon the courage to act to protect himself BEFORE IT HAPPENS – so weak that as he sees Mike Tyson bounding out of the opposite corner towards him he can’t even raise his arms to protect himself.  All he can do roll his eyes contemptuously at the “loon” in his corner begging him to fight, while his urine puddles beneath him.

For the love of God, at least raise your arms.

 

 

Starting Thursday Off Right: St. Augustine Edition

Our Father, Who art in heaven, hallowed be Thy Name. Thy kingdom come. Thy will be done, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.

PATER NOSTER, qui es in caelis, sanctificetur nomen tuum. Adveniat regnum tuum. Fiat voluntas tua, sicut in caelo et in terra. Panem nostrum quotidianum da nobis hodie, et dimitte nobis debita nostra sicut et nos dimittimus debitoribus nostris. Et ne nos inducas in tentationem, sed libera nos a malo. Amen.

Saint Augustine of Hippo, Philippe de Champaigne, ARSH 1645-1650

Saint Augustine of Hippo, Philippe de Champaigne, ARSH 1645-1650

“You never go away from us, yet we have difficulty in returning to You. Come, Lord, stir us up and call us back. Kindle and seize us. Be our fire and our sweetness. Let us love. Let us run.” 
― Augustine of Hippo, Confessions