Oprah Interviews Junkie Bernanke

"I have been mainlining monetary heroin for years." ~ The Bernank HT: Daily Bail

Impressive

LVRJ: "He first touched her near her anus, and then digitally penetrated her with his fingers."

How about that?  When I was a kid that sort of thing was all analog.

Brain teaser

Click to enlarge.

Will Chuckie Schumer demand Tina Turner pay his Reich Flight Tax?

Last year, news of Facebook co-founder Eduardo Saverin's forfeiting his U.S. citizenship caused Chuckie Schumer to propose a Reich Flight Tax to confiscate the assets of wealthy Americans trying to change citizenship. The proposal was similar to the Nazi Reichsfluchsteuer imposed on Jews escaping Hitler's Germany. Schumer even got Vichy Republican John Boehner to agree with the idea.

So where is Chuckie's outrage now that Tina Turner is giving up her citizenship in favor of Switzerland? Afraid to pick a fight with a pop icon?

The U.S. remains the only developed nation to tax its citizens' income even when they no longer live or work in the country.

Zimbabwe Ben comes to Trader Joe's

In 2010, we noted the Bernanke effect on packages of chestnuts at Trader Joe's, shrinking the contents by 19% for an effective 23% price inflation.

2012 brings us more news of the Monetizer-in-Chief's impact on Trader Joe's shoppers. The store's iconic "Two-buck Chuck" Charles Shaw wine is getting a 25% price increase.

As the intellectual heavyweight team of Robert Reich and Sarah Palin note, QE infinity is designed to crush the working and middle classes with food and energy inflation while making the rich richer by increasing the value of their (often leveraged) assets.

Are your wages increasing as fast as grocery prices are?

Charles Hugh Smith: the Road to Debt-Serfdom

No one writes about America's corrupt, crony capitalist bankster-government complex as succinctly as Charles Hugh Smith:

The road to debt-serfdom is paved by the banks and enforced by the Central State.If there is any point that is lost on ideologues, Progressive and Conservative alike, it is this: the first-order servitude and second-order tyranny of debt-serfdom can only occur if the banks' power is extended and protected by an expansive Central State.

Progressives are blind to the State's essential role in creating and empowering a parasitic financial Aristocracy, and Conservatives are blind to the tyranny of debt-serfdom imposed by the private-sector financial Aristocracy, i.e. the banking sector.

Answer these questions before reaching for your ideological blanket:

1. How many banks would loan penniless, near-zero-income students $100,000 if the State did not backstop and ruthlessly enforce its parasitic, exploitive "student loan" programs? Answer: none.

The consequence if the tyrannical State ceased to enforce the debt-serfdom of Student Loans: the Education Cartel would collapse in a odoriferous heap, and the banking Aristocracy would be stripped of a highly profitable State-run business.

2. Under what conditions would banks originate mortgages if the State did not guarantee mortgages via FHA and the other socialized-mortgage agencies? Answer: 30% to 35% down, hefty points and a higher rate of interest than FHA loans.

Click on over and read the whole thing. Then check out the rest of his blog.

Greenspan's Body Count: Hans Walters, Kathryn Walters, and child

The real estate wasteland of Las Vegas has been a favored hunting ground of serial killer Alan Greenspan. Today's episode of Greenspan's Body Count comes from the Las Vegas suburb of Boulder City:

A Las Vegas police lieutenant and two family members are dead after an apparent double murder, suicide and arson at a home in Boulder City, authorities said Monday.

[...]

Henderson police spokesman Keith Paul said a man called 911 at about 8:20 a.m. Monday and told a dispatcher he killed his wife and child, set his house afire and would shoot anyone who approached.

The home is owned by Hans Walters, according to Clark County assessor records. Many know Walters as a Las Vegas police lieutenant married to a former Las Vegas police officer, Kathryn Walters. The Las Vegas Review-Journal reported that she left the department in 2005.

Boulder City police arrived to find the homeowner with a handgun in the doorway of the burning house before he retreated back inside and apparently killed himself.

Hans Walter bought the home at 1313 Esther Drive near the peak of the bubble in 2005 for $305,000. Zillow currently values the house at $155,124.

Greenspan's Body Count stands at 236.