Goldstein's Comrade.

[westerebus]

Greetings,Comrades!

The process of devaluation and re-formation are proceeding as planned.

The devaluation of labor, the continuing debasement of assets held by the working class has slowed down, it has not changed direction.

The impending threat is the withdrawal of structured funding for retirement and health care as promised.

The war state is fully funded.

The re-formation of the Oligarchs continues.

We have tried to determine just where this is headed. We are optimistic. How so?

The choices grow fewer and fewer.

The process becomes the key as to how much suffering is involved.

The plan is not finalized. Not all the parties are in agreement as to how long this can continue.

What we see is the possibility of a Red Swan they had not planned on. What the process is not designed to cope with.

A Black Swan event can be remedied. Or ignored. Or pasted over with disinformation and distraction.

The party continues to inform you, there is no such thing as a Red Swan.

[RandomThoughts]

1. Do you mean the Black Swan from Anne Frank Story about the ducklings?

Never heard of red swan,

Here is a picture of a white swan found on google, it looks pretty cool. Its in the shape of a heart :)

[westerebus]

3. A beautiful image.

The Black Swan of Nassim N Taleb. Sub titled: The Impact of the Highly Improbable.

The short version, we don't know what we don't know. Until after it happens.

Where as a Red Swan is a contrived event. It may appear random and unpredictable, it's not.

A Black Swan event is followed by explanations that try to limit the randomness of its nature.

A Red Swan never fits neatly into the explanation, although randomness accounts in large part for the occurrence of the event.

[upi402]

2. Caroline Kennedy

should challenge Obama in the primary. :shrug:
What?

[westerebus]

4. That would prove interesting.

In the political sense. Too low an impact. Too much polling before hand. And minimal effect. Not a Red Swan.

Her family history represents the nature of a Red Swan.

[westerebus]

5. Did you see it ?

The Red Swan?

Latvia, Comrades. The crack now runs from the home of Zeus to the old folks home for retired Soviet Officers.

Who sits in the middle of this fissure? The Fatherland. And their response to those looking for a rescue package? Here's five euros, go call the IMF.

The Mao All Stars are not at all interested in up valuing their yuan. While calls for tariffs are getting louder around the globe. Have you seen their new supersonic anti ship missile? Guidance components provided by the Reform Orange Growers. Or the All Star's new stealth strike fighter? For defensive purposes only. Says so right on the box.

Our close allies, the Robed Ones are buying as much farmland as possible. Where? Ethiopia is one place. Development and ag biz as only the Robed Ones can. Did you think we set up Africa-Command because we have a kind and gentle nature?

On the home front all is well. The craze for beach ware will be REPO 105's this summer. You will pay an ungodly sum for something that was barely there to begin with. It comes in Fed transparent green that covers the public parts from UV rays. No sunshine what so ever will ever get through. Their guarantee states as much under current accounting regulations. Contrasted with Treasury pure analogy on the unmentionable bits.

The warning label clearly states that no animals with the sole exception of tax payers and their dependents have been harmed in the making of these products. Patents are pending.

On behalf of the party, the following is up for consideration: Hear Yea! Hear Yea! Tax day shall take place on the First of April. Formally known as April Fool's Day. That is all.

[westerebus]

6. Spring planting season.

Good citizens have you spent your tax bonus on plants and seeds? Or did your refund fit the children with new Nike's for the summer growing season? Flip-flops and tee's? Discounted wide screen HD or new grips on for your golf clubs?

This happens each and every spring. This year we are paying in cash which explains the lower savings rate. The few will use credit cards as they have no choice. Better to max in preparation to default as your equity is in relapse if the trends hold their course.

The Robed Ones are missing a Sheik, one Ahmed bin Zayed Al-Nahayan. He would be the younger brother of the ruler of Abu Dhabi. The fact he ran the sovereign wealth fund that owned Dubai is probably not important.

If Soros or Blankfien went amiss from a glider accident would there be a news reports worth noting? Probably not. An if just a few weeks prior, a political assassination happen in their neighborhood would that be news worthy?

Good citizens your focus is being directed inward. Waco. Ruby Ridge. Kansas City. Jihadist' for Jesus. What did you miss? Why corporations are massing cash? Why the deal was made to not press the Mao All Stars on currency manipulation? Why Ambac, the second largest insurer of municipal bonds, went bust very quietly? That might be slightly misleading as they are re-organizing. OK then.

Maiden Lane ring any bells? How the Federal Reserve purchased junk assets held on Bear Stern's books so JP Morgan could rescue them as the body parts of Lehman Brother's were being hosed off the sidewalks.

Not just a single buy either. Maiden Lane Two cost you $34.8 billion. True, it is an account entry. Also, true it is now valued at $15.3 billion. Lost a few billion did we? It's only an accounting entry after all. With Two, you get a free egg roll.

Maiden Lane Three at $56 billion, now valued at $22.1 billion. Short again. With Three, you get a free soup.

They would like to value the original Maiden Lane, it appears there are too many hedges and swaps out there to come to some kind of a number you could gasp at.

Good citizens what would it take to resolve the short fall in State Pensions? What would it take to restore Quality education in your State?

We may not cover all of it, we could put a large dent in it. Stabilize it or under-write it. No. It is after all an accounting entry. The Ministry of Wealth and the Ministry of Computations are hard at work to see to it it stays that way.

Rest assured Comrades all is in good form. The columns match were they must in their books. As for you good citizen, go out and plant something. Scrap you little toe as your new flip-flops are not broken in yet.

The Party reserves the right to sell, what you purchased at a premium, at a discount to the party from which the purchase was made, thus insuring that the discount taken in no way impairs the bonus of the deserving Party and their friends in high places.

The Party, here for your protection.

[upi402]

7. All hail

the Uniparty!

I'm just sayin'
:shrug:
A little opposition would be nice. I must be wrong though... even Stephanie Miller and Randi Rhodes think the Prez is doing alright and Team Obama plays long.
:goes to special place now:

[westerebus]

8. The Party, because it can.

:+