Wednesday, September 5, 2012
Karen Lacey's Video
Laurie Anderson - Mach 20
This video is a sample of high performance Art.
http://youtu.be/SirOxIeuNDE
O Superman - Laurie Anderson - as displayed in the MOMA, New York
http://www.youtube.com/watch?v=-VIqA3i2zQw
Tuesday, May 18, 2010
School is having no time to blog
School will finish soon I will then have time to donate to this endeavor ...
It would be great if you happen on this site to say hi...
Thank you to Michael Moore and Tony Benn
It would be great if you happen on this site to say hi...
Thank you to Michael Moore and Tony Benn
Monday, November 30, 2009
Peter Schiff Says, "Ben Bernanke Has Never Gotten Anything Right,"
Those guys are a bunch of kidders! (reprint for educational purposes only)
"Ben Bernanke Has Never Gotten Anything Right," Peter Schiff Says: Fed Officials Respond
Posted Nov 26, 2009 09:00am EST by Aaron Task in Newsmakers
Related: ^DJI, ^GSPC, SPY, TBT, TIP, GLD, FXI
Putting Peter Schiff on a panel with St. Louis Fed President James Bullard and former Fed Vice Chair Alan Blinder is asking for trouble or, at the very least, a heated debate.
That's just what occurred last Sunday night in New York at an event sponsored by Princeton's Business Today.
Predictably, Euro Pacific Capital's Schiff disagreed with Bullard and Blinder on just about everything, including the government's role in causing the crisis, and the outlook for the economy and the dollar.
But the most contentious moment came toward the end of the evening when a student asked the panel to comment on Ben Bernanke's 2005 "global savings glut" theory, and what role China's high saving rate played in the credit bubble.
Schiff's response, "Ben Bernanke has never gotten anything right," generated some guffaws from the crowd and a sharp retort from Blinder and Bullard, who rose to Bernanke's defense.
Check the accompanying clip for more and don't miss our earlier coverage from the event:
Here are two posts from the thread:
(www.usdebtclock.org) We owe 140 Trillion Dollars of Debt divided by 153 million workers in the United States. Each of us now owe $915,000.00 thousand dollars as of right now....................................................................................................................................................................................................... National Debt 12.028 Trillion Dollars.....US Government Bank Bailouts 11.199 Trillion Dollars.....Social Security Liability 14.008 Trillion Dollars.....Prescription Drug Liability 18.534 Trillion Dollars.....Medicare Liability 73.705 Trillion Dollars.....Obama's Free Medical Coverage for All 10.000 Trillion Dollars.................................................................................................................................................................................................... The United States government cannot collect enough taxes to pay off this debt with only 153 million people working in the United States. Therefore they will be forced to shave zero's off of the One Hundred Dollar bill to devalue and debase the United States Dollar. The One Hundred Dollar Bill will become the One Dollar Bill. This $915,000.00 dollar debt that each american citizen owes will suddenly become a $9,150.00 dollar debt. This is how hyperinflation works. You pay back your debt with worthless paper.I witnessed it in Israel in the 1979 through 1990 period of history. Bread will become extremely expensive...and no one will want the American Dollar anymore. They won't even exchange the currency for you if it gets bad enough.
notabonehead - Thursday November 26, 2009 10:00AM EST
"Ah, but there seems to be one small problem. According to Michael Shedlock, Peter Schiff, the President and Chief Global Strategist of Euro Pacific Capital not only didn’t profit from the financial collapse, he failed to do what every other so called professional failed to do for their clients last year. PRESERVE CAPITAL. Turns out, he was largely right on the US macro picture and called a US equity crash but believed global markets would not folllow due to decoupling and that the dollar would continue to crash. Rather than shorting US equities he shorted the dollar (with a bet on hyperinflation) and bought foreign equities and commodities. According to some of Schiff’s own clients, portfolios invested with Schiff were down anywhere from 40 – 70% last year. Ouch. (Shedlock posted an image of an actual Schiff portfolio) Michael Shedlock points out 12 ways Peter Schiff was wrong last year: 12 Ways Schiff Was Wrong in 2008 * Wrong about hyperinflation * Wrong about the dollar * Wrong about commodities except for gold * Wrong about foreign currencies except for the Yen * Wrong about foreign equities * Wrong in timing * Wrong in risk management * Wrong in buy and hold thesis * Wrong on decoupling * Wrong on China * Wrong on US treasuries * Wrong on interest rates, both foreign and domestic I’ll point out that you can’t beat up Peter Schiff for being wrong. We’re all wrong at times. Where he can’t be excused is in risk management. He has a vested interest to stick with a certain strategy because he’s written a book about it, but he couldn’t admit when he was wrong and move on.. Arrogance in this business is not a recipe for market beating returns. In my opinion BEWARE of the fund manager who is all over the news outlets. http://selfinvestors.com/tradingstocks/news/peter-schiffs-euro-pacific-capital-down-40-70-in-2008/
Yahoo! Finance User - Thursday November 26, 2009 10:18AM EST
notabonehead, you ARE a bonehead. Schiff has expertly predicted just about every thing that has happened during this meltdown, and he called it years ago and even wrote about it in his book. People like these government stooges laughed at him all the way up until it happened. For anyone else who wants to learn simply google "Peter Schiff was right" on youtube and you'll see all you need to see concerning Schiff's amazing insight into the global economy. And bonehead, the "70% stock loss" you mention above is BS. If the guy that experienced that much loss had stuck with it, all of his losses would have reversed and then some. Schiff primarily emphasizes international (mostly Asian), dividend yielding stocks and precious metals. Go look up what has happened to gold and international stocks since the lows of lows, which is exactly where this guy's "70% loss" was cherry picked. Those sectors have drastically outperformed the American stock market, even in though it has gained ~50% sinjce then...and will continue to do so for the foreseeable future. Furthermore, Schiff invests his client's money into whatever level of aggression (risk/reward) they request. Some clients want maximum growth (with maximum risk) and some want capital preservation (with minimal risk). And he will configure your account according to whatever you want. So don't listen to some cry baby who told Schiff to load up on up max growth and then temporarily saw his holdings drop precipitously (only to fully recover later). Schiff is brilliant and he's telling America what it needs to hear. The two clowns next to him in this meeting will soon be added to the ever burgeoning "Peter Schiff was right part" video collection."
I will edit and rewrite when I get time...
"Ben Bernanke Has Never Gotten Anything Right," Peter Schiff Says: Fed Officials Respond
Posted Nov 26, 2009 09:00am EST by Aaron Task in Newsmakers
Related: ^DJI, ^GSPC, SPY, TBT, TIP, GLD, FXI
Putting Peter Schiff on a panel with St. Louis Fed President James Bullard and former Fed Vice Chair Alan Blinder is asking for trouble or, at the very least, a heated debate.
That's just what occurred last Sunday night in New York at an event sponsored by Princeton's Business Today.
Predictably, Euro Pacific Capital's Schiff disagreed with Bullard and Blinder on just about everything, including the government's role in causing the crisis, and the outlook for the economy and the dollar.
But the most contentious moment came toward the end of the evening when a student asked the panel to comment on Ben Bernanke's 2005 "global savings glut" theory, and what role China's high saving rate played in the credit bubble.
Schiff's response, "Ben Bernanke has never gotten anything right," generated some guffaws from the crowd and a sharp retort from Blinder and Bullard, who rose to Bernanke's defense.
Check the accompanying clip for more and don't miss our earlier coverage from the event:
Here are two posts from the thread:
(www.usdebtclock.org) We owe 140 Trillion Dollars of Debt divided by 153 million workers in the United States. Each of us now owe $915,000.00 thousand dollars as of right now....................................................................................................................................................................................................... National Debt 12.028 Trillion Dollars.....US Government Bank Bailouts 11.199 Trillion Dollars.....Social Security Liability 14.008 Trillion Dollars.....Prescription Drug Liability 18.534 Trillion Dollars.....Medicare Liability 73.705 Trillion Dollars.....Obama's Free Medical Coverage for All 10.000 Trillion Dollars.................................................................................................................................................................................................... The United States government cannot collect enough taxes to pay off this debt with only 153 million people working in the United States. Therefore they will be forced to shave zero's off of the One Hundred Dollar bill to devalue and debase the United States Dollar. The One Hundred Dollar Bill will become the One Dollar Bill. This $915,000.00 dollar debt that each american citizen owes will suddenly become a $9,150.00 dollar debt. This is how hyperinflation works. You pay back your debt with worthless paper.I witnessed it in Israel in the 1979 through 1990 period of history. Bread will become extremely expensive...and no one will want the American Dollar anymore. They won't even exchange the currency for you if it gets bad enough.
notabonehead - Thursday November 26, 2009 10:00AM EST
"Ah, but there seems to be one small problem. According to Michael Shedlock, Peter Schiff, the President and Chief Global Strategist of Euro Pacific Capital not only didn’t profit from the financial collapse, he failed to do what every other so called professional failed to do for their clients last year. PRESERVE CAPITAL. Turns out, he was largely right on the US macro picture and called a US equity crash but believed global markets would not folllow due to decoupling and that the dollar would continue to crash. Rather than shorting US equities he shorted the dollar (with a bet on hyperinflation) and bought foreign equities and commodities. According to some of Schiff’s own clients, portfolios invested with Schiff were down anywhere from 40 – 70% last year. Ouch. (Shedlock posted an image of an actual Schiff portfolio) Michael Shedlock points out 12 ways Peter Schiff was wrong last year: 12 Ways Schiff Was Wrong in 2008 * Wrong about hyperinflation * Wrong about the dollar * Wrong about commodities except for gold * Wrong about foreign currencies except for the Yen * Wrong about foreign equities * Wrong in timing * Wrong in risk management * Wrong in buy and hold thesis * Wrong on decoupling * Wrong on China * Wrong on US treasuries * Wrong on interest rates, both foreign and domestic I’ll point out that you can’t beat up Peter Schiff for being wrong. We’re all wrong at times. Where he can’t be excused is in risk management. He has a vested interest to stick with a certain strategy because he’s written a book about it, but he couldn’t admit when he was wrong and move on.. Arrogance in this business is not a recipe for market beating returns. In my opinion BEWARE of the fund manager who is all over the news outlets. http://selfinvestors.com/tradingstocks/news/peter-schiffs-euro-pacific-capital-down-40-70-in-2008/
Yahoo! Finance User - Thursday November 26, 2009 10:18AM EST
notabonehead, you ARE a bonehead. Schiff has expertly predicted just about every thing that has happened during this meltdown, and he called it years ago and even wrote about it in his book. People like these government stooges laughed at him all the way up until it happened. For anyone else who wants to learn simply google "Peter Schiff was right" on youtube and you'll see all you need to see concerning Schiff's amazing insight into the global economy. And bonehead, the "70% stock loss" you mention above is BS. If the guy that experienced that much loss had stuck with it, all of his losses would have reversed and then some. Schiff primarily emphasizes international (mostly Asian), dividend yielding stocks and precious metals. Go look up what has happened to gold and international stocks since the lows of lows, which is exactly where this guy's "70% loss" was cherry picked. Those sectors have drastically outperformed the American stock market, even in though it has gained ~50% sinjce then...and will continue to do so for the foreseeable future. Furthermore, Schiff invests his client's money into whatever level of aggression (risk/reward) they request. Some clients want maximum growth (with maximum risk) and some want capital preservation (with minimal risk). And he will configure your account according to whatever you want. So don't listen to some cry baby who told Schiff to load up on up max growth and then temporarily saw his holdings drop precipitously (only to fully recover later). Schiff is brilliant and he's telling America what it needs to hear. The two clowns next to him in this meeting will soon be added to the ever burgeoning "Peter Schiff was right part" video collection."
I will edit and rewrite when I get time...
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