Karl Denninger: "It's Time to Bring Out the Guillotines for the Bankers!" He's Right!

In today's Market Ticker, Karl Denninger writes:



How the **** does a company claim to have $200 million on deposit when in fact it has less than $10 million and nobody cross-checks that claimed money on deposit with the institution where it is to insure that the company is not lying?


Again, WHAT THE ****?


Look, this is pretty basic stuff.  It appears that as far back as February the money was missing and nobody in the so-called "regulatory" apparatus caught them?


ROUGHLY HALF OF THE CUSTOMER ASSET BASE APPEARS TO BE GONE AND IT APPEARS IT HAS BEEN GONE FOR AT LEAST FOUR TO FIVE MONTHS!


And please tell me that 2010 and 2011 year is a misprint, because if not the money has been gone for more than two years.


There have to be dozens of people who had direct knowledge of this and willfully cooperated or looked the other way.  It's impossible for the facts to be otherwise.


You think any brokerage is safe?  Any futures merchant?  Any account -- anywhere?


How? 


Nobody has gone to prison for any of this crap! 


NOBODY!


Not one of the schemes or scams related to 2008, subprime, robosigning, money laundering for drug gangs, Jefferson County (ok, ok, some of the locals in the county went to jail -- but no banksters did) MF Global, LIBOR, dozens of additional scams and schemes and now this.


I WANT TO KNOW WHERE THE DAMNED POLITICIANS ARE THAT WILL STAND UP AND DEMAND THAT EVERYONE INVOLVED IN THIS CRAP -- ALL OF IT -- GO STRAIGHT TO A 100 YEAR DATE WITH BUBBA.  AND YES, THIS INCLUDES (BUT IS NOT LIMITED TO) THE CENTRAL BANKSTERS LIKE BERNANKE WHO KNEW DAMN WELL THAT LIBOR WAS BRING FUDGED AND DID NOTHING.


NO, I WILL NOT "MOVE ON."  NO, I WILL NOT "LOOK FORWARD."  TO SUCH ENTREATIES I RESPOND WITH TWO WORDS: "**** YOU."
I DEMAND JUSTICE FOR THOSE WHO HAVE BEEN SCREWED BLIND REPEATEDLY.


You want my damn vote, you want my support, you want me in the markets and you want me to invest, generate economic activity and consume then those of you in government from the federal level on down are going to do this and you are going to do it RIGHT DAMN NOW.
This isn't a negotiation.


It's a demand and I call upon all 330 million Americans to rise and speak this IDENTICAL demand in concert.
It's time.


Karl is right. You think Japan is any different? You think your future and your children's and their children's future hasn't been sold up the river? We must all fight the banks and government. There must be no negotiation on any tax raises. 


Or do you think that, miraculously, Japan can fix her problems with tax increases when government spending and corruption are the problems? Does anyone think the tax increase will do anything except be spent?


This raping of the public has got to stop.

US Mass Media Guilty of Lying About Trayvon Martin Shooting - Deliberate Attempt to Incite Racial Tensions or Race Riots?

UPDATE AT BOTTOM!


Today's blog post is about a very recent incident and a set of timely articles about one of the most disgraceful examples of false reporting of the news I've ever heard in my life, the Trayvon Martin shooting. 


Now, the mass media has been guilty of some very bad and false reporting in the past but they've generally had the excuse of being fed the wrong information by the government or by other sources (if that is an excuse for not getting off their a*ses and doing their jobs by doing some actual research and fact checking!) This time they have no excuse. This time the mass media intentionally and deliberately falsified the news. Today's blog post should make your blood boil with how dishonest and irresponsible our mass media has become. 

It's a recurring theme of my blog and writings. I've written many times about how you can't believe anything that you see or hear on the mass media. In: Japan Nuclear Disaster Update & Strong Criticism of Western Media Sensationalism I wrote:

Remember my Golden Rule about TV: "90% of everything you see on TV is bullshit; the other 10% are commercials."

Actually, it astounds me that people do accept what what the media says as gospel truth. Don't forget that this is the very same media that told us 3 years ago that Swine Flu was going to kill more than 50 million people worldwide. This was the same media that told us that the USA had to invade Iraq because of Saddam's nooklar weapons. This was the same media that told us that SARS also was a killer virus that was going to wipe out entire populations. This was the same media that told us that Bird Flu was going to do the same.

As of today, worldwide deaths from Swine Flu: 82. No nuclear weapons for Saddam (if he had any, do you really think we would have invaded Iraq?). Worldwide deaths from SARS: 100. Worldwide deaths from Bird Flu: 80. Don't even get me started on Man Made Global Warming!

Of course unless you've been asleep, or in a coma, for these last 20 years you'd know that the mainstream mass media is dying yet they'll do anything to keep their ratings up and keep the sponsorship monies coming in. At least with SARS the mass media had the excuse to claim ignorance! 


And now, back to the Trayvon Martin shooting, but before I go on, let me say that if the shooter, George Zimmerman, is found guilty of murder then he deserves the heaviest penalty under Florida law. But, as is the case in a supposed civil society that is guided by laws and not the rule of vigilante as, ostensibly the USA is, he is innocent until proven guilty in a court of law...


How, until now, the news media has handled this incident is an absolute disgrace. I know, from working with the mass media, that far too many people who work in these places have no qualms about lying, and I can understand (sort of) them being ignorant about things like SARS and "deadly flu bugs" but this case today surprises even me It should infuriate any thinking person; the American news media have been caught red-handed lying and making up false information and editing the tapes of the police 911 call concerning the shooting of the black youth Trayvon Martin by George Zimmerman. The very taped phone conversations that supposedly paint the shooter as a racist NEVER HAPPENED!

"Never let a good crisis go to waste" - Rahm Emmanuel Obama's former Chief of Staff

It seems that they are intentionally stoking racial flames. For what purpose is anyone's guess!... Or is it?... Stay tuned as I did find one theory and will share it with you in a moment.... But first about the false information...


As some of you may know, this killing has been painted as a racially motivated killing. The biggest piece of evidence that this was a racially motivated killing is a recording of the phone call to police emergency 911 whereby the shooter, George Zimmerman, is supposedly quoted as saying, "This guys looks like he's up to no good. He looks black."


Well, now we find out that this conversation never occurred! Karl Denninger over at the Market Ticker has the scoop in: NBC is the Skittle Network - Are you *****ed off yet? You will be:

NBC News is being excoriated in some circles – with competitor Fox News Channel leading the charge – for selectively editing audio of the 911 call placed by George Zimmerman just before he killed Trayvon Martin.

Yep.   They got caught too. 

In the NBC segment, Zimmerman says: “This guy looks like he’s up to no good. He looks black.”

The full version, though, unfolds like this:

Zimmerman: “This guy looks like he’s up to no good, or he’s on drugs or something. It’s raining and he’s just walking around, looking about.”

911 operator: “Okay. And this guy, is he white black or Hispanic?”

Zimmerman: “He looks black.”

WTF?! A television network actually editing and altering a police recording to further a hidden agenda!? Who decided on this? That person and the program director and producer should have been fired immediately or even before this ever aired. Nazi Germany's Joseph Goebbels would have been proud of this fakery.

Goebbels

But, really, why am I surprised? I shouldn't be. The news (in bed with the government) lies about everything. They lied about World War I, World War II, Pearl Harbor, Vietnam War, SARS, Swine Flu, Bird Flu, Iraq, Libya, Kony 2012, Iran, Ron Paul, GMO, Afghanistan, etc., etc. I could go on for as many years as there are days of the former American republic....


But to edit recorded messages to push an agenda to spark racially motivated hate in the USA now and at this time? There are some very sick and evil people in charge of our government and the mass media. 


And on top of this, to throw fuel on the fire, idiots like Spike Lee actually used Twitter to Tweet out the home address of the parents of the shooter (Actually he is so stupid that he tweeted out the address of the wrong people the first time!) What do the parents of the shooter have to do with this event? Nothing! This after the Black Panthers put a $10,000 reward on George Zimmerman's head!


Folks, these sorts of actions are crimes that used to be called "inciting violence" and both Spike Lee and the Black Panthers who made these calls need to be made to pay for this. They should be arrested and put in jail awaiting trial. I don't care if they are black, white, hispanic, purple or what.


Denninger goes on with some very astute observations that make me proud of someone who takes everything they see/hear on the mass media with a healthy dose of skepticism (I wish the average person did too). He continues with a very interesting question that you can try to answer for yourself:

Trayvon Martin was allegedly out at night, on foot and in a rainstorm getting iced tea and skittles. Ok, here's the address where the altercation took place from the police report:

2381 Retreat View Cir
Sanford, FL 32771

Now go to Google Maps and type in that address. (Here: http://bit.ly/H5EPC5)

Next, find me a convenience store -- you know, a place to buy skittles and an iced tea. Just type in "convenience store" in the "Search Nearby" box.

Where's the closest one and how far is it on foot?

In a rainstorm, for a bag of skittles and can of iced tea, both ways?  Possible?  Sure.  Plausible?  That story ought to be able to be checked, and rather easily -- all convenience stores these days have video recorders.

So has anyone checked to see if indeed the deceased hiked the anywhere from 2-4 miles to and from one of the half-dozen convenience stores in the general area (none closer than about a mile on foot, incidentally, and all somewhat of a pain in the ass to get to due to what appears to be a limited access highway -- 417 -- between the location and the stores which would force you to walk quite a bit further than you could go "as the crow flies".)

These are pretty basic questions.  In fact the closest convenience store is a Murphy USA; to reach the others north of the location (the ones south are a LOT further) you'd have to walk past it, so it's highly likely that's the store -- if the story of going out for Skittles and iced tea holds up.

That is an excellent question and it deserves much attention. 

I like them too but I'd never walk 2 ~ 4 miles in the rain to buy a pack... Would you?

But this post is not to perform detective work. This particular post is, once again, a full frontal assault on the mainstream mass media, especially TV, and once again proof of what I've always said, "You can't believe anything you see/hear on TV."


The mass media in the USA (and Japan) today are propaganda channels for the government. This incident should prove as just one more piece of evidence towards that fact.


"But why would the mass media fake information like this? For what purpose?" You ask? I can tell you two off hand: They need a crisis to keep up ratings. Riots and violent demonstrations make great TV. Great TV makes for high ratings. High ratings makes for profitability. If you don't think the TV news won't fudge the reports for a more sensationalist effect in order to make more money, then I have a TV station on top of a bridge to sell you. 


And two, it's all a part of the Military-Industrial-Media complex. 


What does the Military-Industrial-Media complex have to do with his? Consider this next article. On Lew Rockwell just today this appeared featuring a guy who predicted this sort of racially inflamed incident would be used by the Obama administration in 2012 in order to get re-elected... The final sentence gives you the motivation for the theory, "Does anyone expect the President to successfully run on the economy, health care, tax cuts, or budget reductions?"


From Lew Rockwell: Powder Keg: Rap Song Charges 'White Man' With Murder: 'Strap on your AK's Let's Start a Riot':

Flashback to August 16, 2011, when we published a White House Insider report detailing the possibility that the Obama administration would incite race riots in the build up to the 2012 Presidential election:

Via The Ulsterman Report:

Insider: Yes. It’s in place and underway – being developed. Further developed. It’s gonna – gonna tie it in with the unions somehow. I don’t know exaclty how – just that’s included in it. It will be an all out campaign on race. The goal is to completely mobilize the Black vote while shaming an even greater number of white voters into not opposing a second Obama term. They are gonna get out the guilt vote man. The guilt vote!

Ulsterman: Obama…Democrats in general, already get the Black vote – most of it.

Insider: They want all of it. Every last one. Then bring in the Hispanic vote, tie them up in this race issue as well. Republicans want to toss you out. Obama wants to bring you in. They hate the color of Obama’s skin just like they hate the color of yours. Hey White America, you aren’t part of that group who hates non-whites are you? If not, you better get out and vote for Barack Obama.

Ulsterman: That sounds overly simplistic and insulting to voters. You really think something like that would actually work?

Insider: Hell yes-yes… it can work. It’s not gonna come so easy as it did in 2008, but that’s why they plan to ramp it up – the race issue.

In that report we noted the distinct possibility that the Obama Team would Incite Race Riots and attempt to Use White Guilt in 2012 Election:

A politician, especially at the highest levels, will stop at nothing to maintain their power. President Obama is no different, and considering that mouthpieces in his administration have repeatedly referred to unsupportive segments of the electorate as terrorists and racists, is it any wonder they are considering this strategy?

Does anyone expect the President to successfully run on the economy, health care, tax cuts, or budget reductions? 


I don't have any snappy cute remarks to make about this godd*mned disgrace. The only thing I can say is that if you believe what you see on TV and take that as gospel truth, then please.... Go back to your sleep or back to your coma...


They've got a special TV program on especially for the likes of you.


In my opinion, and as someone who has worked in the mass media for decades, I don't believe there is any place in journalism for these sorts of examples of malicious corporate propaganda.


UPDATE: The New York Times reports: "NBC News has fired a producer who was involved in the production of a misleading segment about the Trayvon Martin case in Florida." I wrote this blog post on March 31, it's now April 8. What the hell took NBC so long to fire that guy? And, if that producer is black, then I believe that the shooter, Zimmerman, could have a case against NBC news that his civil rights have been violated. If so, I hope he sues NBC for tens of millions of dollars.... And wins!

Anti-Banking / Anti-Government Demonstrations Occurring All Over the USA

Could it finally be happening?


Are you aware that huge demonstrations are occurring all over the United States, yet these demonstrations are ignored by the mainstream media? The demonstrations grow in size by the day, yet, as I said, they are ignored.... Even as the New York demonstrations reach nearly one million protestors. This just goes to show how the mass media is all a part of the scam to steal and rob the American public blind. Now, people are fed up with being cheated and getting ripped off by the government and the big banks.... (I did, though, find one major media report just out today: http://finance.yahoo.com/news/Wall-Street-protesters-Were-apf-2881190123.html?x=0&sec=topStories&pos=4&asset=&ccode=)


Besides these reports on the Alternative media, basically these demonstrations do not exist as far as the MSM is concerned. But, ignore them or not, people are fed up and rising up.

Karl Deninger hits a homerun at Market Ticker:

The danger, as I have repeatedly pointed out, in the government's willful, intentional and repeated refusal to put an end to these abuses is that there is a point at which the people have had enough and will simply not sit for it any more, nor will they believe they can vote for a change and actually receive that change. 


....How many people voted for "change" in 2008 yet did not receive it?

Once that point is reached civil order can be lost, perhaps irretrievably so.

Government, for its part, always seems to believe that this day will never come, no matter the severity of the abuses they tolerate by the rich and powerful, the favors they grant or the screwing they either mete out themselves or allow others to perform in exchange for some renumeration in campaign contributions.  The King of England didn't think the people would snap.  Neville Chamberlain was quite sure that we could have "peace in our time" through appeasement of bad acts by others, in his case Adolph Hitler.  In the more-recent past there was Hosni Mubarak, among others.

Likewise, both President Bush and President Obama have taken this same approach, and have even said in public that we must "move on" and not look to what happened, but to what we can do in the future.

Will this willful refusal to hold people to account for their ponzi schemes in the interest of "Wall Street" and continued pretension that we'll "muddle through" be proved correct in the fullness of time?

Or will, as this video states, the simple fact that once there is nobody left to screw an ugly reality will face those who have been doing the screwing: The man who you have screwed out of everything -- the man with nothing left -- has nothing left to lose.

I do not look forward to the day being proclaimed and looked toward in this presentation.  There is no reason for our political and justice system to have allowed the financial******of our nation and her people, not to mention that of the rest of the developed and developing world.

Anonymous - The Bankers Are The Problem

If you're of the religious sort it would seem that prayer would be appropriate at this time.

Could it be that the end of the American empire is in sight? Could American people finally be waking up? Finally? I wrote about it in 2005 in "America is Bankrupt" and people scoffed. No one is scoffing anymore. 


If things continue as they are going now, things are going to get very ugly folks. 


Make no mistake about it... These events actually started a long time ago... When the US government nakedly committed aggression and invaded a nation that posed no threat to us. That was merely the start of the most recent fire... It began long before that.


This most recent farce and naked aggression has lead led to massive US government borrowing and defense spending and wars against many Muslim nations... Wars that will suck the USA of her riches and treasures dry t the bone... These wars and the military-industrial complex that leads them has led us to the economic malaise we now face and the corruption of the government in bailing out Wall Street and the banks and the Status Quo.


The people finally see what is going on. People are mad, unemployed and, as Gerald Celente would say, "When people have nothing more to lose, they lose it!" 


It will take some time, but could this finally be the end of the US political and economic system? Could it be upon us now? I believe that we are witnessing history.

I wrote about an economic collapse of Japan this autumn (various reasons and due to Europe, USA and other western nations here). Could it be here so soon? 


I don't mean to sound alarmist, but this is a country with many earthquakes and natural disasters anyhow. I suggest that you stock up on food and water and get some gold and silver while you can. It's not like you will lose any money being prepared, right? If you have kids and do not have at least a week of water and food, then you are foolish.


LIVE STREAMING FROM OCCUPY WALL STREET DEMONSTRATIONS: http://thecritical-post.com/blog/2011/10/the-occupy-wall-street-movement-the-biggest-news-story-in-the-world-all-the-latest-news-for-occupy-wall-street-tcpchicago/