Thursday's News In Brief- "Occupy The Planet" turns out 40 Million Workers In India As The Largest General Strike In History; Bank of America Considering New Account Fees On Checking Accounts; Secret Banker Meeting; Ireland Gets To Vote; Ron Paul Knocks Out Dr. Deficit; 2012 Stocks Are The New 2006 Zimbabwe Stock Exchange; More

News in Brief

On days like this, we can't help but continue to use the "propped-up dead corpse" illustration to describe the bankster ponzi economy almost entirely silicon based life form controlled "stock markets." Of course, the real masters behind the silicon are carbon based life forms who use the silicon to con other carbon based forms out of their... well, carbon - in the form of debt slavery. 

Nothing helps lull the ignorant fools mindless carbons into slavery like cake, circuses and propaganda - and there's no better propaganda tool than the "stock indices" that flash all day for mom and pop on CNBS as they sit back and enjoy their short 5 years of retirement before they end up as fertilizer for the next generation's vegetable garden. The Dow at 13k makes everything seem like the roaring 2000's all over again, when Hummers were aplenty and McMansions were all the rage. Now, those gas guzzling Hummers and styrofoam McMansions are the cause of everyone's rage. 

One quick look at the yield curves would indicate that we are indeed still currently in the midst of an economic depression. The rest of the data that can't be so easily cooked is also saying we're in the eye of the storm there is a major disconnect between reality and the ponzi "stock markets."

On that note, it's always interesting to see that if enough carbon based life gets together (after the pain becomes too much to bare) a small impact can be made on the silicon and their masters. In this case, "Occupy the Planet" in India, as over 40 million workers protested against the criminal enterprises in that region of the world, in the form of the largest general strike in the history of the world. You read that right - forty million workers in India are striking to protest against the 1%. Part of the reason for the protests, besides the usual poor working conditions and such, is the wealth discrepancy and astronomical cost of living increases they are starting to feel over there. Just more unintended consequences of bailing out the criminal Wall Street banksters, as we discussed in great detail last year (as we stated, Dr. Deficit can only export inflation to the rest of the world for so long before social unrest explodes).

Speaking of banksters, Bank of America is considering new monthly fees on your checking accounts - because how else can they earn those record bonuses? Remember last year's BofA fiasco with $5 per transaction debit card fees? BofA lost a ton of customers over that disaster, and the customers they managed to retain are no doubt included in the 18,000 brain-dead zombies individuals who are following Angelina Jolie's Leg on Twitter (nope, you can't make this stuff up! Her right leg has a Twitter account! We have to wonder if Twitter will count her leg as a "member" as Facebook counts every Tom, Dick and Fictitious person with an account?). Anyways, that's 18,000 less potential problems the banksters have to worry about that might want to get "all up in their biz-ness" and cause a riot... or two at their "secret meeting" being held today. Then again, if the WSJ publishes this news, only a handful of subscribers will know about the decision on the Greek CDS default. Of course, you will hear on the MSM that they have decided that Greece has not defaulted so as to not make waves or end up triggering a payout. 

Also on the roster this week, Ireland is holding a referendum over the EFSF (the ponzi fund the ECB created to bail out the banksters) which means it could be a bumpy ride if the fightin' Irish say NO! 

In case you were wondering, 2012 might actually be the year all the accumulated "doom and gloom" bursts on the scene as the rare earth bubble explodes, if predictions come true about China ending rare earth exports. Keep an eye on this because that means your iPhone could cost you double or triple next year if China really does end their export rights this year. It kind of makes living a "simple life" that much more appealing, doesn't it? 

Speaking of rare earth, Ron Paul yesterday, once again tore a gaping hole into Dr. Deficit's credibility (as if he had any to begin with) and in case you didn't get a chance to watch all the action, here's a great rundown of the play book by Gold Made Simple. He asks some hard hitting questions and Dr. Deficit just mumbles.  

Remember, the only thing that matters to the elite is how high the ponzi stock market goes. Why? Because as we said, most people who suffer from a severe case cognitive dissonance think the DOW(n) Jones Index is an indicator of the economy and of prosperity. I've got news for you - it isn't. In fact, the contrary is true given that with all ponzi markets, they all "go to the moon, Alice" before bursting into worthless dust. Anyone who needs further explanation, please see the Zimbabwe stock market of 2006-2007. R.I.P Zimbabwe stocks and currency; you paved the way for the rest of the world.