blog.arithm

Just in case there’s any doubt as to whose behalf Rick Perry is running.

Fucking bingo. The Bought Congress, and the enabling Bought Supreme Court, have got to go.

And of course Ratigan seems to not see the whole Bought President problem.

First, some background music for your listening pleasure.

So Moody’s has downgraded U.S. debt. Of course, as Peter Schiff points out, this is probably only because they boxed themselves in via previous statements. Other ratings agencies are still mum, although that’s certain to change in the very near future.

At any rate, this particular signpost on the road to economic hell is, in my opinion, pretty clear. Hyperinflation Ahead. The recent debt ceiling increase (charade that it was) brought no meaningful cuts. Instead, Tea Party resistance, blown up to crisis status by rank-and-file Republicrats, resulted in entitlement armageddon fear mongering — with virtually no discussion of reigning in out-of-control empire-ism — and was ultimately leveraged to introduce a dangerous precedent in the form of “Super Congress”.

Although austerity is threatened when expedient, Congress has no real political stomach for budgetary restraint and therefore will continue spending until the dollar ponzi collapses. Some argue that this was the intent all along. True or not, Super Congress makes it even easier to quickly bypass resistance and continue the charade.

When it becomes clear to all that ongoing Federal Reserve clownsmanship is ravaging the value of the dollar, we will be faced with some kind of collapse. This will most likely come in the form of global hyperinflationary panic as investors and, well.. everyone, try to buy anything and everything that stand a chance of preserving value. If this happens, the U.S. could experience social unrest similar to that endured by Argentina in the late ’90s. (Again, Super Congress could play a role here quickly rubber stamping draconian laws in attempt at population control.) The value of physical metals against national currencies will skyrocket.

I am now thoroughly convinced that precious metals are one of the few assets classes that will be remain buoyant when the gathering debt tsunami finally swamps global economies. And while I hope I am wrong, to friends of this blog: I urge you to prepare. Get physical. Investment in a small cache of precious metals, gold and silver, could be a real lifesaver in the event of a widespread paper asset meltburndown.

I’m sure Olivia Newton-John would agree.

Mysterious ssh public key authentication failure? Check /var/log/secure. You will probably see a permission problem such as that your home directory cannot be group writable (which is annoying).

A simple

$ chmod g-w ~

fixed this for me.

Simon Black over at Sovereign Man posted an interesting one today: H.R.2411 – Reduce America’s Debt Now Act of 2011.

HR 2411 is a ridiculous piece of legislation that would give U.S. citizens the honor of voluntarily helping to pay down the spiraling national debt.  Of course, any voluntary debt reduction payments would not be tax deductible; never mind that income taxes are most likely voluntary in the first place.

I have another idea for how we could reduce the debt:  End the wars, and the graft, End the Fed, and get Washington out of Wall Street’s pocket.

What the hell. What’s next?

Nice one from a colleague:

perl -wne 'while(/[\w\.\-]+@[\w\.\-]+\w+/g){print "$&\n"}'

I should probably get set up with a snippet library for this kind of thing.

These days Dr. Paul’s conservative platform comes across as being liberal. Time to register as a Republican I guess.

This two party system has got to go.

Go Ron Paul!

Suddenly the world is a awash in eminent nuclear disaster.

Either that or we’re finally just beginning to wake up to how fragile this technology really is.

I do find it difficult to believe that Japan would actually be trying to bring it’s fast breeder reactor back online after Fukushima.

Hot particles are being detected in Seattle. Some Japanese reporting a strange taste of “metal”, similar to vicitms of Three Mile Island and Chernobyl.

Hot Particles From Japan to Seattle Virtually Undetectable when Inhaled or Swallowed from Fairewinds Associates on Vimeo.