For those of you who don’t know, Lyndon LaRouche is a somewhat kookey but still very knowledgeable geriatric economist and statesman who, in between running for President just shy of a dozen times, came up with Ronald Ray-Gun’s ray-gun program, known as SDI. He also runs a private intelligence service, described by former NSC member Norman Bailey as “one of the best private intelligence services in the world,” and which is required reading for those in the top echelons of government in almost every country on the planet.

Anyways, one of their… representatives, perhaps? Well, oh fuck… Just watch it, it’s hilarious - in a chilling sort of way:

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The Bezzle continues:

June 5 (Bloomberg) — Big banks in the U.S. say they’re on the mend. The five largest were profitable in the first quarter, rebounding from record losses for the industry in the fourth quarter. Share prices have jumped, with the KBW Bank Index doubling since March 6.

Treasury Secretary Timothy Geithner, after “stress testing” 19 banks on their ability to withstand a worsening economy, declared in early May that Americans can be confident in the banks’ stability and resilience. Wells Fargo & Co. and Morgan Stanley were among banks raising $43 billion in new capital since then through share sales.

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Welcome to the new feudalism, where financial parasites can loot the few hundred bucks a month retirees receive to survive, in order to take their bullshit fees. Next stop: debtor’s prisons.

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I’ll get right to the point - the US dollar is in the beginning phase of a hyperinflationary blowout. The Dow fell over 2% Wednesday (May 28th, 2009), but at the same time, long Treasury yields rocketed up 3.6%. Further down the curve, the yield on the 10-year T-bill rose a staggering 5.78%. The yield on supposedly AAA-rated US intermediate T-bills rose almost six percent, at the same time as stocks declined 2%. In a single day. That’s not supposed to happen.

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Whenever a bunch of wealthy parasites meet in secret to go over their plans for the “herd,” there’s damn good reason to be suspicious - even more so when the topic is the favorite ideological fetish of useless economic royalists, the literally fantastic non-problem of so-called “overpopulation.”

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I’ve been in Europe for the last week; I’ll be back next Monday. Stop bitching, I’ll be back to blow a few loads of logic all over the face of idiocy soon enough.

Since President Obama seems intent on sinking his administration with insane Hooverite attempts to bailout hopelessly bankrupt financial institutions whilst ignoring the ongoing and accelerating collapse of the physical economy, I thought it relevant to inform my readers as to the precise value of these type of firms.

Hint: It’s not much.

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OK, I really hate to keep harping on this same topic, but I’ve gotten all kinds of email about my recent writings on nuclear power, and almost without exception, every one of the anti-nuclear detractors raises the following incredibly stupid objection, which I feel I must address:

“Well why would we waste time building nuclear power plants? It’s just going to delay the transition to truly renewable energy sources.

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Read this shit.

I’ll be honest, I’m pretty damn sick of this lot of infantile bed-wetters whining about what to do with the high-level radioactive waste (e.g., spent fuel rods) of nuclear power plants. This whole line of objection just screams “look, everyone, I can grasp at straws!” However, in the interest of provoking less angry outrage than my last bit of commentary on the subject, I’ve decided to offer only constructive solutions to our energy and environmental issues in this post.

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