Oldtent Archives 2010

That 30 year is close close to breaking down …I smell another upleg….soon soon ..how about tomorrow…

Vote Vote Vote

goldtent.net/wp_gold/2010/02/22/the-anatomy-of-a-con-job/

Most of these so called ‘elites’ have a disturbed view of ‘population control’…

And if you really want to delve into the subject I recommend a 45 part series on Youtube by a Russian kid, no less:

www.youtube.com/watch?v=3D37Ku5X-vw

TED Talk on solving the CO2 problem.  Watch from 4:22 in he is talking about the population of the world going up  from 6B to 9B in the next few years…. but if we do a good job on vaccines, reproductive health care, we could LOWER that by 15%…..

What is he saying????  Maybe I mis heard him???

www.ted.com/talks/bill_gates.html

Article

California Arnie now very happy short term to receive federal funds for a state bailout, wonder if he has at all considered the medium to long term effects?

Tremendous amounts of liquidity being injected into the system, of course in all the RIGHT places to boot.

This is going to end badly, and probably quicker then we all think.

No problem…

You should really check out FOFOA’s blog, here’s his recent response to this article:

http://www.henrymakow.com/taking_the_glitter_out_of_gold.html

I think the answers you are looking for are here in this blog and in the archives of Another and FOA linked in the right column.

In brief, we are entering a phase transition which will separate the two main monetary roles, 1) medium in trade, and 2) store of value or “wealth reserve”. For centuries we have been taught by bankers and governments that these two functions are permanently entangled in money. But the facts are different. FOA taught us this.

Your article starts with this statement, “In the first place, it doesn’t matter at all what means of exchange you use. Paper, bits and bytes, shells, tally sticks, salt. They have all been used successfully in the past.” It is correct! But notice that he only refers to the “medium of exchange” function in this statement.

Your author’s main arguments revolve around gold as money, with perhaps the past 200 years as his sample. But we are not headed backward in time, we are moving forward. And what is ahead of us is the continued use of fiat money as our global medium of exchange and debt, but a separate, “demonetized” wealth reserve.

People have trouble with the idea of DEmonetized gold. But I think that understanding WHY I use this term is the key to understanding the separation of the monetary roles, and how it is literally something so new that it has not been seen since before gold was first coined by governments and bankers. This is why the “men’s suit” valuation will not hold in the future. Nor will any valuation that does not refer all the way back to certainly before the Renaissance, and maybe even before Rome.

And of course our world today has so many new forms of wealth that were not even imagined in those ancient times. So there is really no possible calculation for a “fair value” of “gold the wealth reserve” that can even be made today. What is coming is truly unprecedented. Gold’s relative value is about to be reset to heights unimaginable.

And the point of this blog is that the Giants of our world are well aware of this coming revaluation and transfer of wealth, but few “simpletons”, as you say, have even a clue.

If you are a young gun, out to change the world, then perhaps an approach like Migchel’s is worthy of your time. But if you have spent decades accumulating savings that you hope to deploy in your retirement years it might be more beneficial to figure out what changes actually ARE coming at us like an unstoppable, runaway locomotive. This is what I write about. Not what you can do to change our broken system. But what you can do right now to protect your wealth and get on the receiving end of this paradigm shift that is happening before our eyes.

I recommend that you start with the following articles on my blog and then move on to the FOA archives in order to understand how the roles of money are separating…

Gold is Money - Part 1
Gold is Money - Part 2
Gold is Money - Part 3
Gold is Wealth
Gold: The Ultimate Wealth Reserve
Freegold
The New Global Reserve
FOA

Sincerely,
FOFOA

By Tara Brautigam (CP)

An unapologetic Danny Williams says he was aware his trip to the United States for heart surgery earlier this month would spark outcry, but he concluded his personal health trumped any public fallout over the controversial decision.

In an interview with The Canadian Press, Williams said he went to Miami to have a “minimally invasive” surgery for an ailment first detected nearly a year ago, based on the advice of his doctors.

“This was my heart, my choice and my health,” Williams said late Monday from his condominium in Sarasota, Fla.

“I did not sign away my right to get the best possible health care for myself when I entered politics.”

The 60-year-old Williams said doctors detected a heart murmur last spring and told him that one of his heart valves wasn’t closing properly, creating a leakage.

He said he was told at the time that the problem was “moderate” and that he should come back for a checkup in six months.

Eight months later, in December, his doctors told him the problem had become severe and urged him to get his valve repaired immediately or risk heart failure, he said.

His doctors in Canada presented him with two options - a full or partial sternotomy, both of which would’ve required breaking bones, he said.

He said he spoke with and provided his medical information to a leading cardiac surgeon in New Jersey who is also from Newfoundland and Labrador. He advised him to seek treatment at the Mount Sinai Medical Center in Miami.

That’s where he was treated by Dr. Joseph Lamelas, a cardiac surgeon who has performed more than 8,000 open-heart surgeries.

Williams said Lamelas made an incision under his arm that didn’t require any bone breakage.

“I wanted to get in, get out fast, get back to work in a short period of time,” the premier said.

Williams said he didn’t announce his departure south of the border because he didn’t want to create “a media gong show,” but added that criticism would’ve followed him had he chose to have surgery in Canada.

“I would’ve been criticized if I had stayed in Canada and had been perceived as jumping a line or a wait list. … I accept that. That’s public life,” he said.

“(But) this is not a unique phenomenon to me. This is something that happens with lots of families throughout this country, so I make no apologies for that.”

Williams said his decision to go to the U.S. did not reflect any lack of faith in his own province’s health care system.

“I have the utmost confidence in our own health care system in Newfoundland and Labrador, but we are just over half a million people,” he said.

“We do whatever we can to provide the best possible health care that we can in Newfoundland and Labrador. The Canadian health care system has a great reputation, but this is a very specialized piece of surgery that had to be done and I went to somebody who’s doing this three or four times a day, five, six days a week.”

He quipped that he had “a heart of a 40-year-old, so that gives me 20 years new life,” and said he intends to run in the next provincial election in 2011.

“I’m probably going to be around for a long time, hopefully, if God willing,” he said.

“God forbid for the Canadian public I won’t be around longer than ever.”

Williams also said he paid for the treatment, but added he would seek any refunds he would be eligible for in Canada.

“If I’m entitled to any reimbursement from any Canadian health care system or any provincial health care system, then obviously I will apply for that as anybody else would,” he said.

“But I wrote out the cheque myself and paid for it myself and to this point, I haven’t even looked into the possibility of any reimbursement. I don’t know what I’m entitled to, if anything, and if it’s nothing, then so be it.”

He is expected back at work in early March.

if the equiz doesn’t work, we can try some gluten free bread crumbled up and tossed in after it warms up. it will squeeze out all the water or stop it up good!!!

rno

They lie, cheat, hide, mis-direct, make up numbers and then lie some more.  I trust absolutely NOTHING that the CROOKS say!

Rosenberg, who left an eight-year career at Merrill Lynch to become chief economist at Gluskin Sheff last May, is one of Wall Street’s best-regarded financial experts. His on-the-ball predictions have landed him on Institutional Investors’ list of All-Star researchers for years.

In a recent interview with Fortune that ranged from Greece’s debt crisis to the Obama administration’s plan for heavier bank regulation, he offered this bearish conclusion: Expect more contraction ahead for real estate, credit markets, and stocks.

http://money.cnn.com/2010/02/17/news/economy/david_rosenberg.fortune/?section=patrick.net

Thats the udder contest …I am interested in the beautty contest….
Do you think if I jamb a lock of Equiziteum in the radiator it will stop the leak from the rock I hit..?

Pitchfork r us hum I thought that was their name. Well at least the playing field will be equal now. lol

all contestants, spectators and officials must ride a park bench through the automatic car wash immediately after the festivities. as long as he’s here, ipso can handle the bottle detail in the wild cow milking!!!

rno

By Scott Hamilton

Feb. 23 (Bloomberg) — The U.K. economy is entering a “very grave stage” and the Bank of England should expand its 200 billion-pound ($310 billion) bond-buying plan to fight the threat of a relapse, former Treasury adviser Roger Bootle said.

“A second dip is a real possibility and deflation is a live risk,” Bootle, the founder of research group Capital Economics Ltd., said at an event in London yesterday. “We’re entering a very grave stage” and “moving into next year, it’s going to be a very dangerous situation.”

Bank of England Governor Mervyn King, who will today testify to lawmakers on the bank’s economic forecasts, said this month that it’s “far too soon” to say the bond plan won’t be expanded. Policy makers are trying to gauge the strength of the recovery as inflation accelerates and rising jobless claims cloud the outlook months before the election.

“Once we’ve got over this technically-caused rise in inflation, I think we’ll see inflation fall like a stone,” Bootle said, speaking at a debate hosted by Policy Exchange, a political research group. “The bank should not only announce it’s going to do more quantitative easing, but more importantly, it should make it perfectly clear to people that its capacity for doing more, while not unlimited, is absolutely vast.”

Bank of England officials earlier this month voted to pause the bond-buying program, arguing that inflation will return to the 2 percent target and is likely to undershoot it over the next three years. The rate rose to 3.5 percent in January, pushed higher by an increase in sales tax, oil costs and the weakness of the pound.

‘Real Danger’

The bank “should keep a close look on the exchange rate and if the pound looks like rising quite significantly, which is a real danger, that it should do even more quantitative easing, and then do even more,” Bootle said.

The economy will expand at a 2.7 percent annual pace by the fourth quarter of this year, according to the central bank’s mode forecast for gross domestic product released this month. The recession, which ended in the final three months of 2009, lasted six quarters, the most on record.

“There are good reasons to be very cautious about the growth prospects,” Bootle said. “In my opinion, the sort of numbers the Bank of England and Treasury have got are supremely optimistic and I think it’s rational to think the economy will at the best crawl along with a significant risk of actually slipping back.”

King, along with Deputy Governor Charles Bean, Chief Economist Spencer Dale, and policy makers Kate Barker and David Miles, will testify today to Parliament’s Treasury Committee. The session begins at 9:15 a.m. in London.

One of the things they are not telling the public, is that not only are they taking over failed banks, but they are also lending money out to hedge funds and banks to buy foreclosures and mortgages.
Though the FDIC is supposed to be an ‘insurance”, under the PPIP (Public Private Investment Program) they (the FDIC) are the major lender under the program. Also lending money to banks and hedge funds to buy foreclosures and mortgages are the Treasury and the Federal Reserve Bank.
The beauty of this program is that the government explains to hedge funds and banks how to do this with subsidiaries that are “off balance sheet” accounts.
So , many taxpayers are loosing their homes, and through their taxes, are funding banks and hedge funds to buy them. The group of government lenders (The FDIC, the Treasury and the Federal Reserve Bank) will provide financing from 50% to upwards of 94%.
They (the government group) will then guarantee the assets up to 6 times there worth.
So, lets say a bank or hedge fund buys a foreclosure. Buys it for $100,000. The government group supplies $94,000, the bank (or hedge fund ) comes up with $6,000. They then can say that they have a $100,000 asset on their books, and count that as a reserve balance on the books to meet the requirements of the FDIC.
Pretty cool way of getting around rules and regulations, isn’t it?
Amerika , oh Amerika - we are doomed!

Ipso and Florida want to have a soap wrestling match by the final contestants before the final judging at the rendering plant….I will ref…

i got caught up on most of the posts and other news stories today. seems the only thing left is to have a beauty contest at the rendering plant.

rno

Missed this one!

Did Russia make the semifinals?

You may have missed the fact that Wanka and I also formed PITCHFORKS R US also!

“lamposts r us”  Wanka’s gonna be a billionaire! 

Ahhh yeah there are going to be currency restrictions at the border soon…and coin checks too…Like Elvis sang”It’s now or never ..la la lal la

Live on Treasure Island…How do we get in contact?  Great sunset tonight….cold weather coming?

By the way how do we tenters get in contact?

….No Way….anyway its…

” fully covered by the company’s insurance.”