Matt's Ruminations

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Actually, the entire fraudulent tapeworm could be killed with a single page of legislation, or more correctly, a single five-point paragraph: To wit:

1. Commercial banks cannot conduct any investment banking, and investment banks cannot conduct any commercial banking. Any financial institution that accepts deposits or issues loans or financial instruments of any nature will be regulated as a bank.

2. All assets of any nature must be listed at the close of business daily marked to market, as in the futures and options markets. If there is no regulated market for a class of financial instruments, the Treasury is instructed to establish and regulate a market for that class of financial instruments. Holding assets off-balance sheet is a criminal offense with a minimim fine of $10 billion per asset. If the fine cannot be paid in full, the FDIC is instructed to seize the bank and liquidate its assets in an orderly and timely manner.

3. No bank will be permitted to have assets or liabilities in excess of the smallest gross domestic product (GDP) of the 50 states.

4. No private banks may create any money through debt. All loans must be made out of existing deposits and equity. (via David V.)

5. No exceptions or exemptions are allowed to these statutes.

Guest Post: “We Have No Other Choice”

(Source: zerohedge.com)

"The low-grade trimmings come from the parts of the cow most susceptible to contamination, often close to the hide, which is highly exposed to fecal matter. But because the treatment of the trimmings - simmering them in low heat, separating fat and tissue using a centrifuge and spraying them with ammonia gas to kill germs - the United States Department of Agriculture says it’s safe to eat."

Eat up bitches!

“Save the children?….Fuck the children” - Sir George Carlin

(Source: Yahoo!)

Russell Means tells it like it is.

And no, I’m not giving a bio of him in a small caption box, look him up.

Do some fucking homework people!

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One reader commented after watching my new member-only alert that China will happily pick up all the lost business from Japan. The ignorance of that belief is stupefying when China’s economy is already imploding, it has a major shortage of fossil fuels, it lacks the technical skill to manufacture highly-protected Japanese electronic components, which it also buys for its own industries, as energy prices put continued expansion out of reach.

Neither China or any other nation has assembly lines set up to manufacture what has been lost from Japan. All of Japan’s component industry involves some of the most highly-protected trade secrets in the world. Nobody else knows how to make what the Japanese make. And nobody can replace it. - Michael Ruppert

I think I’m going to buy a bike, since parts for my Nissan Altima won’t be available for a while…

Or ever…

(Source: collapsenet.com)