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Forum Post: Stock Market Looking Identical to Pre-Depression Run Up

Posted 5 months ago on Feb. 15, 2014, 5:43 p.m. EST by JGriff99mph (507)
This content is user submitted and not an official statement

Conditions are the same as well.

Just remember, when it crashes, you will be awarded with two choices of what to do next. Both of which are provided by the people who caused it to begin with.

Another world is possible.

http://scgnews.com/the-stock-market-is-behaving-just-like-it-did-before-1929-crash-and-this-chart-is-just-part-of-the-s

36 Comments

36 Comments


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[-] 5 points by shadz66 (18130) 5 months ago

''Usurious Returns on Phantom Money : The Credit Card Gravy Train'', by Ellen Brown :

''If we allowed government to actually make some money, it could be self-funding without taxing the citizens. When an alternative public system is in place, the private mega-bank dinosaurs will no longer be “too big to fail.” They can be allowed to fade into extinction, in a natural process of evolution toward a more efficient and sustainable system of exchange.'' Also consider :

''Noam Chomsky : How to Ruin an Economy ; Some Simple Ways" (Video) :

''Dr. Chomsky focuses on what economic actions that government, the super rich and corporations are taking that insures the US and other economies fail for the overwhelming majority of people.We're a nation whose leaders are pursuing policies that amount to economic "suicide".

Also fyi : http://occupywallst.org/forum/website-optimization/#comment-1023467 .

''The Only Thing Worth Globalising Is Dissent'' (AR). Nice.

radix omnium malorum est cupiditas ...

[-] 5 points by JGriff99mph (507) 5 months ago

"We're a nation whose leaders are pursuing policies that amount to economic "suicide""

I agree. Theres a slew of solutions we could put in. Some are better than others, but they are all better than what we currently have which was accurately described as suicide.

Theres just simply not enough people actively participating.

[-] 5 points by shadz66 (18130) 5 months ago

''The Neoliberal capture of the state has laid the ground for the financialization of capitalism, a stage of capitalism that cannot be reversed without developing new methods of public provision in housing, education, health, pensions and the other sources financialization has used to create profit.'' from :

e tenebris, lux ...

[-] 4 points by JGriff99mph (507) 5 months ago

I found Gar via this site, from Struggle4Freedom and have to say, have really enjoyed his stuff on youtube. So much so, I bought What Then Must We Do and its just full of examples of people creating coops to create their own jobs, real examples from all over.

Highly recommended for anyone who has heard enough theory and wants some real life examples of how to put it in action.

[-] 3 points by shadz66 (18130) 5 months ago

Gar Alperovitz is second to none in thinking the new thinking needed for The 99%.

per aspera ad astra ...

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago

I'm sure you mean neo.CON.servative

[-] 3 points by shadz66 (18130) 5 months ago

''Neoconservative'' pertains to empire, foreign policy and hegemony ; ''Neoliberal'' pertains to 'Crapitalism, Economix & Libertopia' !!! Terminological exactitude is important !! Sorry to say it .. but your link is b-s !

Sadly, Obomber of course is irredeemably infected by both.

ad iudicium ...

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago

I was being sarcastic with the link.

My point is that these terms simply confuse the issue. Liberalism in Europe is not what Liberalism is in the U.S. They are diametrically opposed philosophies operating under the same term.

NeoLiberal and NeoConservative are so confusing as to be utterly meaningless at this point - unless your intent is subversion -

The term NeoConservative was originally intended as an insult to someone operating within the conservative camp.

In time it has come to define modern conservatism.

Meaning has shifted.

The term NeoLiberal seems to successfully do what neoconservative attempted and did not accomplish.

Liberal policy has nothing to do with modern conservative policy - neo or otherwise. Where it does it ceases to be liberal - the appellation of neo is a linguistic charade that simply attempts to redefine what Liberalism in the American political system is and stands for.

Its a scam.

I tend to resent it.

Ultimately conservative policy is conservative policy - neo or otherwise. There is little difference - thanks to BUSHITE.

[-] 3 points by shadz66 (18130) 5 months ago

Good points. Well made. BUT - these terms do still have meaning & 'right wing' meaning at that. Sorry I didn't see your 'sarcasm'. It is too serious a business sometimes, so by way of a lighter moment ... a horse walks into a bar & the bar man looks up and asks - ''So - why the long face ?'' ;-) Jokes aside, here's possibly why :

fiat lux ...

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago

sorry man. I get half way through and I already know, based on the exclusive and breathless focus on the Fourth Amendment, it's historical context and current NSA behavior, that no one is going to say SHIT about the simple fact that EVERYTHING the NSA is gathering is being harvested from the private sector.

Rather than repeat verbatim, I will simply provide a link to my previous comments on this issue.

And do me a favor -

if you have more links on this topic you want to share?

post them on the appropriate thread.

Anything else makes it look like you are attempting to wear me out.

[-] 3 points by shadz66 (18130) 5 months ago

Ok. Same applies vice versa and harvesting ''from'' or 'by' the private sector ... the NSA is one of the top layers of 'The Military Industrial Complex' that Eisenhower warned about so long ago ! Democracy is the answer !! Wherever we are !!!

e tenebris, lux ...

[-] 1 points by ZenDog (13323) from South Burlington, VT 5 months ago

the MIC, or the SIC today, is a combination of federal bureaucracy and international corporations.

Eliminating the NSA from the surveillance equation does what, exactly?

[-] 3 points by shadz66 (18130) 5 months ago

I have no idea where the premise of your question comes from. I never suggested it or even think it would be possible in the short or even medium term. In the long term a 'democratically elected and accountable' government 'of, by & for' the people - as opposed to The Corporations, is the real key :

multum in parvo ...

[-] 1 points by ZenDog (13323) from South Burlington, VT 5 months ago

eliminating the NSA from the current data harvesting equation does what, exactly?

[-] 2 points by shadz66 (18130) 5 months ago

I answered already ! The NSA does what it does for commercial, as much as any 'security' reasons & it does what it does mainly because it can & post factum rationalisations as to why, come after the event and then only if someone shines a rare ray of light as to wtf it is up to !! So, what is your best guess ?!!!

ad iudicium ...

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago

it seems you have a fundamental lack of understanding regarding the nature and extent of American style privatization.

[-] 5 points by shadz66 (18130) 5 months ago

Perhaps so but rather than condescending to patronise me - perchance you could educate and enlighten me instead or at least throw a few links my (and everyone elses') way. Also fyi, see :

''International capitalism has raised greed to a determinant force in world history. Unregulated greed-driven capitalism is destroying the jobs prospects of First World labor and the ability of Third World countries, whose agricultures have been turned into export monocultures serving the global capitalists, to feed themselves. When the crunch comes, the capitalists will let the “other” humanity starve. As the capitalists declare in their high level meetings, “there are too many people in the world.”

ipsa scientia potestas est ...

[-] 1 points by MattLHolck (16833) from San Diego, CA 5 months ago

takes public access out of data collection

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago

my point was, just as it has been, that curbs to nsa data harvesting will simply result in a further expansion of private sector data harvesting, storage, and analysis.

That will be worse because of the ability of the private sector to simply ignore the general public. There will be no promise of oversight, and hence no failure of obligation.

[-] 3 points by shadz66 (18130) 5 months ago

This is different to what is now going on .. how ?! The difference between The Allegedly 'Public' and The Actually 'Private' is so marginal as to be near illusory !! The ''will be worse'' defence is really NO defence, there is next to no ''oversight'' & the USG and Congress (in the main) resents even the suggestion of it !!!

'' ... The potential for the disastrous rise of misplaced power exists and will persist ... we must never let the weight of this combination endanger our liberties or democratic process ...''

respice, adspice, prospice ...

[-] 1 points by ZenDog (13323) from South Burlington, VT 5 months ago

whatever dude

the whole reason the bush admin thought torture was acceptable is because there existed at that time a pattern of psychological abuse amounting to torture and including mock execution using methods of gang stalking combined with data harvesting and analysis conducted in public on U.S. Citizens

  • one of whom set himself on fire in California in 1997

  • another shot her kids with a shot gun, screaming they are out to get me before killing herself

  • Marty Hopkins and Tina Davis leapt from a train

and this is but a very, very short list of the dead.

Now you have a huge bureaucracy involved directly in kidnapping and torture and they have gone to great lengths to ensure there is more than enough blood for everyone's hands to be stained red.

So? You think focusing exclusively on NSA data harvesting is going to address the issue?

WTF is your point? You are just throwing links in the wind.

[Removed]

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago

you are either a really stupid fuker or you are in on the scam, I swear.

.

If there were no oversight right now, then the revelations by Snowden would simply not be heard by the government no matter how long the media repeated them. And while we are at it - lets not forget - THE MEDIA happens to be reporting the story.

.

I am willing to bet - and I'm not a betting man - but I am willing to wager that the parent companies of some of these media sources reporting on this NSA scandal will directly profit from whatever shape the new NSA Data Harvesting Policy may take.

*And Yes, I am certain, whatever oversight may exist - or not exist - now, will seem significant compared to the reductions in oversight that are certain to follow in the wake of privatized data harvesting on behalf of NSA.

[-] 3 points by shadz66 (18130) 5 months ago

''If there were no oversight right now, then the revelations by Snowden would simply not be heard by the government no matter how long the media repeated them. And while we are at it - lets not forget - THE MEDIA happens to be reporting the story.'' ! BOLLOCKS & ergo fyi : https://firstlook.org/theintercept !! Finally, don't fkn swear at me so readily - you glib, conservative, oafish, smug, self-agrandising arse !!!

temet nosce ...

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago
[-] 3 points by shadz66 (18130) 5 months ago

Nope ! But anything more would be wasted on u, u toilet mouthed prick !! Taken over gobshite duties from 'GirlFriedHead' have u ?!!!

nosce te ipsum ...

[-] 1 points by MattLHolck (16833) from San Diego, CA 5 months ago

yep I's a genie but no one wants to pay me

[-] 1 points by lucacaputo (2) 5 months ago

hello i'm luca from italy, five star movement.... ready to help occupy wall street

[-] 1 points by MattLHolck (16833) from San Diego, CA 5 months ago

shares are worth this shares are in that

all the money is in shares

do you have shares ?

[-] 1 points by ZenDog (13323) from South Burlington, VT 5 months ago

interesting - if true. The owners of shttp://scgnews.com site also own http://awakenedcitizen.com/

and the article features a video clip heralding the bubble by one Harry Dent - link here and this is a sales pitch.

I'm not at all saying the economy isn't going to go boom - not at all. IN fact, I think Dr. Suzuki has made an interesting case that posits at some point, unless radical changes are made, the economy must collapse - simply because an economy predicated on growth is unsustainable. The earth itself is finite.

What I am saying is that your source isn't credible, and is likely fishing - for pessimists with money.

.

[-] 1 points by DKAtoday (34974) from Coon Rapids, MN 5 months ago

Stock Market Looking Identical to Pre-Depression Run Up

For at least the last twenty (?) years now.

[-] 3 points by JGriff99mph (507) 5 months ago

This has been a bull market like we haven't ever seen since the tech run, but what's fueling this one? The money printers.

I guess what the question is- is this the middle of an absolute gloabal corporate takeover? Or is history going to repeat itself when these conditions occur?

[-] 2 points by DKAtoday (34974) from Coon Rapids, MN 5 months ago

Also - in identifying Wallstreet as a BULLSHIT market place. What do you think would happen to the price of aluminum if Liquid Metal Batteries went into full scale production? Hint ^^^^^^^^^^^^^^^^^^^^ to the detriment of improving the power grid nation/world wide.

[-] -1 points by MattLHolck (16833) from San Diego, CA 5 months ago

it's not on wikipedia

[-] 2 points by DKAtoday (34974) from Coon Rapids, MN 5 months ago

It's been a bullshit market from pretty much the very beginning - what's preventing the current final crash? - yes that would be the billions and billions of dollars printed (? - more like electronic smoke and mirrors ) that is propping up the market to this point in time - that artificial and quite honestly totally fictional infusion of strength (?) is gonna sooner or later turn into a financial nuclear meltdown.

[-] 1 points by MattLHolck (16833) from San Diego, CA 5 months ago

the contractors told the teacher's that the dog ate their homework

[-] 0 points by ZenDog (13323) from South Burlington, VT 5 months ago

wait - wait . . .