Top Hedge Fund Manager Warns: If Investors Thought August Was Scary, “They Ain’t Seen Nothin’ Yet”

by | Sep 19, 2015 | Headline News | 90 comments

Do you LOVE America?


    This report was originally published at Zero Hedge.


    The man who made a billion dollars on Black Monday sums up his strategy perfectly in this excellent FOX Business clip with the money-honey, “I’m a hedge fund manager that actually hedges for his clients. This is something of an old fashioned idea in this day of just gambling on the next Fed bailout.” Spitznagel, who is wholly unapologetic in his criticism of The Fed (and any central planner), unleashes eight minutes of awful truthiness on what is going on under the surface of the so-called ‘market’, concluding ominously, “if August was scary for people, they ain’t seen nothin’ yet.”

    Grab a beer and relax…

    Some key excerpts:

    On Universa’s tail-risk strategy..

    “We tend to lose or draw—most of the time—these small battles or skirmished. But,ultimately, we win the wars.

    On the Great Myth of centrally planned economies..

    “Great myths die hard. And I think what we’re witnessing today is the slow death of one of the great myths of human history: this idea that centrally planned command economies work, that they’re even feasible, and that they can be successful.

    It’s one of these enigmatic mythologies of the last hundred years in particular that we’ve been grappling with, and here we are today yet again thinking about this. Let’s remember that in the last hundred years a lot of blood has been shed over this mythology. And here we are today, how did we get here again?

    On today’s “all alpha is beta” hedge fund community…

    There was this notion not long ago of the Bernanke put, the Greenspan put. It was sort of a dirty thing to admit that it was part of our investment strategy. But today, it’s everyone’s investment strategy.

    On “it’s different this time”…

    “I think that another generation will look back and say ‘how could you have made that mistake all over again? How could you have failed to understand Hayek’s notion of the fatal conceit, that central planners can’t do better than the dispersed knowledge and signals of free market processes?‘”

    On the crazy world in which we live…

    “There’s something self-fulfilling about this mythology, only in the short run.

    But in the long run we know that it is ultimately self-defeating. When bureaucrats mandate low interest rates it doesn’t spawn long term productive investment. What it spawns is this short term gambling, punting on momentum-driven moves, on levered buybacks. This is the world we’re in today.


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      1. And I think what we’re witnessing today is the slow death of one of the great myths of human history: this idea that centrally planned command economies work, that they’re even feasible, and that they can be successful.

        Interestingly, the definition of fascism (as originally defined by Mussolini, the “founder” of fascism) is the merger of the socialist state (hence, Nazi meaning National SOCIALIST Workers’ Party) with government.

        You can simply google “Nazi political planks” to find out the planks they adopted at their very first convention, Feb., 1920, in Munich.

        Then, we have these neo-Nazis infesting this site, which is another treat (NOT!)

        • ALL NEW LINKS:


          Did you know that the 80 million Hindus murdered by Is Lamb in West Pakistan and East Pakistan (Bangladesh) as well as India is the biggest genocide in history? That Kashmir (Pakistan) and Bangladesh used to be roughly 50% Hindu and Buddhist, and the moose limbs exterminated and harassed them, just like always?







          • Acid,

            You make some good points. I just wish it didn’t always have to be couched in such colorful language. I am not too sure about the 80 million Hindus being slaughtered. Are you talking about ‘lakhs’? Even in those terms it is a lot of people. Hey, don’t knock Samarkand, the place is beautiful! I am sure you would enjoy traveling over there. It gets very hot during the summer. Great food and fruit!

            • The hottest it gets in Samarkand in the summer is 80. That isn’t very hot.


          • What the fuck is a Moose Limb?

            • muslim

            • John Stiner, I think it’s this extremely malajusted persons semi cryptic word for a Muslim. He is certainly a very,very naughty and angry little boy. Most definitely not a Messiah of truth. Best that he is humoured then ignored.

            • Acid is pointing out how some weirdos pronounce muslim, moose limb. Not kidding. Don’t know where half of America learned phonetics

            • Apparently someone who believes in Is Lamb.

          • Some articles have estimated the “refugees” are 95% young Middle Eastern men. The cameras will find the small percent of women and children for a picture. Look at the videos. It is overwhelmingly young men.

            “Refugees” in Europe young, fit and overwhelmingly male …

            “If these were real refugees, where are the women? Where are the elderly people? Where are the weak and the sick?

            It is increasingly clear that what I have said is true: this is not a refugee crisis. This is a hijrah, a migration to Islamize a new land.”


            The New Face Of EU Immigration Is Young, Fit And Overwhelmingly Male

            The numbers arriving have overwhelmed Europe, not sustainable

            Violence broke out in Croatia, the latest flashpoint on the Balkans route into Europe after Hungary sealed its border.

            “The arrival of 13,000 in the space of 48 hours”

            35 MILLION migrants heading to Europe, says Hungary as it builds second fence

            Islamists in Germany trying to recruit young refugees

            Berlin – “Muslim radicals in Germany are trying to recruit some of the growing numbers of asylum seekers reaching the country, according to intelligence services quoted by the German news agency DPA.”

            “He said many of the youths are approached around reception centres but also at Munich railway station where many of the asylum seekers have arrived from Hungary and Austria in recent days.”

            “Top Iman Sheikh Muhammad Ayed recently gave a speech in which he asserted that Muslims should use the migrant crisis to breed with European citizens and “conquer their countries”.”

            • If Obungler hadn’t engaged in his “splendid little wars” in Libya and Syria, this wouldn’t be happening, of course.

              Gee, where is Cyndy Sheehan when you need her.

              PS: Christian Syrians need not apply! Free immigration only allowed for Muslims.

              • all of this is intentional destabilization of the whole region, by NOT JUST Obama. By the bush’s before him and the rest of the American powers that be. I am completely against it, but I don’t know if that matters anymore, they will do what they want, until the American people try them and hang them for treason. But I will say this…at least Obama has done it with minimal loss of life and American boots. He just uses planes and proxies. Mccain and any and all war hawks would’ve had us in full blown invasions and ground wars and cargo planes full of metal boxes covered with flags. Make no mistake, I disagree with our actions and meddling in foreign affairs. But I have just come to the realization that THEY are gonna do what ever they want,and they have different strategies for whomever THEY have put in office. Get ready for boots on the ground when JEB!!! gets put in. friggin POS!

                • Ky Mom & R Head:
                  Exactly what I have been saying for 10 years now regarding the illegals coming into the US and Europe.
                  It is planned.
                  Is it to destabilize nations to allow for internal fighting that allows to NWO takeover.
                  It is also one of the 2 reasons the US and it’s allies created the Syrian Revolutionary Army and then ISIS:
                  1. Remove Assad and take over Syria, Iraq, Iran and Afghanistan. Then cut off the oil to China and Russia. 2. Provide a Trojan Horse reason for the movement of muslim troops into Europe and the US.
                  At the same time they are telling citizens they are worried about terrorist attacks and so must cut back on our rights and freedoms, they are bringing 10,000 “refugees”/muslim troops (and they say next year 70,000 “refugees”/troops who are single, fighting age muslim males) into this country. Where are the displaced Christian families who are literally running for their lives? Shouldn’t they have top priority considering that ISIS has stated they want all Christians exterminated in any way possible? Shouldn’t the EU and the US take them first? Not one word in the media about any Christians.

                  Not one word about the US or the EU working with middle eastern nations to take these “refugees”. These troops must come to the US/EU not to nations who speak their language and practice their religion. They must go to Christian nations.

                  Bavarian families were warned last June that their daughters can no longer wear short skirts or shorts no matter what the temperature is, or they risk being raped by the “regugees”/troops. Not one word about letters being sent to imams and muslim centers to remind them that rape for any reason in a criminal offense and they will be jailed. That is because no letters were sent.

                  Greece and Germany have already had riots and battles in their streets and had to call in the army to get control because the “refugees”/troops can’t even manage to behave for a few days. This is the time they should be on their best behavior, while they are trying to get accepted into host countries and THIS is how they act! What happens when they are legally allowed to stay! How will they behave then?
                  Maybe we now know why there are armored police and tanks all over the US. They put them in place for the coming muslim troops they are bringing to create chaos and destruction and wage war against Christians in the US.

                  So all you luke warm Christians has better decide which side of the fence you will stand on. Are you a live it, breath it, die for it Christian or will you turn tail and convert to anything else for money or to be able sit in front of your telly?
                  Remember the tale of the grasshopper and the ants? He did not want to work in the summer so he starved and froze in the winter. The ants worked when needed in the summer and were safe and comfortable in winter. You can be comfortable here on earth OR for eternity. You make your choice every day that you live.

                  • good words!

            • Ky

              next time your watchin some of the lame stream medias videos of the so called refugees look at the garbage they are leaving behind as they travel

              what a mess

              piles of trash dropped as they walk and what about bathroom needs ?? are we too believe that these so called refugees are NOT crapping on the woods and in folks yards under bridges etc

              a total lack of respect for these country’s they are traveling thru

            • It’s a soft invasion

            • Have you heard anything about this KY Mom?? The Houthi Shias are kicking the hated Sunnu Wahhabi ass. I hope they march all the way to Riyadh and rid the world of that EVIL House of Saud plague.

              Yemen army attacks Saudi base in Aseer, captures several soldiers

              Yemen army enters Saudi military bases in Asir region

              “Yemeni media recently broadcast video footage of one of the Saudi soldiers who were arrested by the Yemeni army during clashes on the border with Saudi Arabia.

              Expressing his gratitude for the Yemeni military for their nice treatment, the Saudi soldier, identified as Ibrahim Arraj Mohammed Hakami of the Fourth Battalion, First Brigade, based in Jizan, urged the regime in Riyadh to end its deadly aggression against Yemen.

              “The Saudi army and the Defense Ministry should stop this war which is of no benefit but the destruction and killing of our brothers in Yemen,” he said in the video, Lebanon’s al-Manar reported.

              The capture of the troops is part of retaliatory measures against Saudi Arabia by Yemeni forces over Riyadh’s relentless aggression against its impoverished neighbor.

              Also on Saturday, the Arabic al-Mayadeen news channel reported that five Saudi troops had been killed in a rocket attack by Yemeni forces in the al-Masfaq region of the kingdom’s southwestern Jizan Province. “


              Failure in Yemen war has endangered Saudi throne: Analyst

          • Acid, uh, looks like you’re on a roll with all these good posts lately. Interesting videos also. Kudos to you and keep them coming.

          • SENEX

            The wise old man (also called senex)

            This type of character is typically represented as a kind and wise, older father-type figure who uses personal knowledge of people and the world to help tell stories and offer guidance that, in a mystical way, may impress upon his audience a sense of who they are and who they might become, thereby acting as a mentor.

        • Sorry… I meant merger with socialist state with **big business** (this, as opposed to small business). Should not read “with govt:




          “Between 1530 and 1780 there were almost certainly 1 million and quite possibly as many as 1.25 million white, European Christians enslaved by the Muslims of the Barbary Coast. Enslavement was a very real possibility for anyone who traveled in the Mediterranean, or who lived along the shores in places like Italy, France, Spain and Portugal, and even as far north as England and Iceland. From 1500 to 1650, when trans-Atlantic slaving was still in its infancy, more white Christian slaves were probably taken to Barbary than black African slaves to the Americas.”




          • You won’t hear about that on CNN.

      2. Fascism, as defined by Mussolini:

        “Fascism should more appropriately be called corporatism because it is a merger of state and corporate power.”

        Mussolini himself put his principle this way: “All within the State, nothing outside the State, nothing against the State.” He also said: “The keystone of the Fascist doctrine is its conception of the State, of its essence, its functions, and its aims. For Fascism the State is absolute, individuals and groups relative.” More from Mussolini:

        • For us [socialists] the national flag is a rag to be planted on a dunghill. There are only two fatherlands in the world: that of the exploited and that of the exploiters. (yes, you are correct – the war between Nazis and Communists was an internecine one… just like the border war between the USSR and China that almost went nuclear in the 1960s, on the Ussuri River, or the war between China and Vietnam in the 1970s.

        o La Lotta di Classe (1910) paraphrasing French socialist Gustave Hervé, quoted in Mussolini in the Making (1938) by Gaudens Megaro “The truth is that men are tired of liberty.”

        • “All within the state, nothing outside the state, nothing against the state. Speech to Chamber of Deputies (9 December 1928), quoted in Propaganda and Dictatorship (2007) by Marx Fritz Morstein, p. 48

        • Fascism conceives of the State as an absolute, in comparison with which all individuals or groups are relative, only to be conceived in their relation to the State. o “The Doctrine of Fascism” (1932), quoted in The New York Times (11 January 1935)

        • If the 19th [century] was the century of the individual (liberalism means individualism), you may consider that this is the “collective” century, and therefore the century of the state.”The Doctrine of Fascism” (1932)

        • A major hallmark of fascism is the rule of law being supplanted by regulation created by bureaucrats .

          Obama has enacted an average of about 3,500 pages of new regulation per year and we are on the seventh year. Many of these rules can cause you to be fined, have your property confiscated, or even result in prison, as well as the suspension of your civil rights including your second amendment rights.

          No one in congress ever wrote, voted on, or passed these regulations, but they carry the same force of law. And the people that write them are often corporate lobbyists or unelected bureaucrats.

          Our republic is dying from a death of a million tiny regulatory paper cuts.

          • The conclusion of a study by John W. Dawson and John J. Seater (“Federal Regulation and Aggregate Economic Growth”): What they found was that there has been a huge increase in economic regulation and restrictions in the U.S. since World War II. They point out that these regulations have an economic cost. Like debt and demography, regulations reduce output. In fact, they estimate that had the level of regulation remained unchanged since the year I was born – 1948 – today’s GDP would provide every man, woman, and child in America with about $125,000 more in income per yearLand of the Free? When the First Congress enacted the original Crimes Act in 1790 (see ), there were only 17 recognized Federal crimes, and it was reasonable to assume that as long as a person was a law-abiding citizen, he was not at risk of arrest. Today, though, there are more than 4,500 Federal crimes — and many are so obscure that they are nearly indecipherable. In addition to the 4,500 Federal crimes, there are tens of thousands of Federal regulations. Many people commit criminal acts daily without even knowing they are doing so.

            The Federal Register – full of laws which apply to YOU, and is comprised of government agencies’ new regulations, proposed rules, and presidential papers – is, according to and Rep Randy Forbes (R—4th) 34,000 pages in length, and weigh 340 lbs. The Government Printing Office stated on June 14, 2011, the actual number of pages was 34,844 (but then, as pages are added every day, whose counting!), but that was actually just the running tally of the number of pages published in 2011 to date. According to Jim Hemphill, Ass’t to Dir. of the Federal Register, the 2010 total was actually 81,405 pages, of which “only” 46, 758 were dedicated to rules or proposed rules (whew! I was worried there for a minute!). The rest were agency hearing, meetings, investigations, etc.

            And no, I am NOT saying all regulations are bad. I *am* saying 4,500 federal crimes, with 34,000 pages of rules IS bad.

            But, please note! Our politically correct government is trying to save trees, so the 34,000 pp. document – printed on double sided paper – was only around 17,000 pages, thankfully (of course, under Obama, even double sided is now probably back around that size).
            ( )

      3. Nazism was inspired by Italian Fascism, an invention of hardline Communist Benito Mussolini. During World War I, Mussolini recognized that *conventional* socialism wasn’t
        working (gee.. and he hadn’t even seen today’s Detroit yet!). He saw that nationalism exerted a stronger pull on the working class than proletarian brotherhood. He also saw that the ferocious opposition of large corporations made socialist revolution difficult. So in 1919, Mussolini came up with an alternative strategy. He called it Fascism. Mussolini described his new movement as a “Third Way” between capitalism and communism. As under communism, the state would
        exercise dictatorial control over the economy. But as under capitalism, the corporations would be left in private hands (well, kinda and not really… you darn well better not be making washing machines or refrigerators when Hitler wanted tanks – so much for creating products for consumer demand and profit, a hallmark of capitalism!)

        Hitler followed the same game plan. He openly acknowledged that the Nazi party was “socialist” and that its enemies were the “bourgeoisie” and the “plutocrats” (the rich).
        *Exactly* like Lenin and Stalin, Hitler eliminated trade unions, and replaced them with his own state-run labor organizations (think Solidarity in 1980s Poland, under Lech Walensa) Like Lenin and Stalin, Hitler hunted down and exterminated rival leftist factions (such as the Communists). Like Lenin and
        Stalin, Hitler waged unrelenting war against small business.

        Hitler regarded capitalism as an evil scheme of the Jews (think of the Jew baiters on this site, even though they have a certain, limited portion of it right) and said so in speech after speech. Karl Marx believed likewise. In his essay, “On the Jewish Question,” Marx theorized that eliminating Judaism would strike a crippling blow to capitalist exploitation. Hitler put Marx’s theory to work in the death camps.

        The Nazis are widely known as nationalists, but that label is often used to obscure the fact that they were also socialists. Some question whether Hitler himself actually believed in socialism, but that is no more relevant than whether Stalin was a true believer. The fact is that neither could have come to power without at least posing as a socialist. And the constant emphasis on the fact that the Nazis were nationalists, with barely an acknowledgment that they were socialists, is as absurd as labeling the Soviets “internationalists” and ignoring the fact that they were socialists (they called themselves the Union of Soviet Socialist Republics). Yet many who regard “national” socialism as the scourge of humanity consider “international” socialism a benign or even superior form of government.

        According to a popular misconception, the Nazis must have been on the political right because they persecuted communists and fought a war with the communists in Russia. This specious logic has gone largely unchallenged because it serves as useful propaganda for the left, which needs “right-wing” atrocities to divert attention from the horrific communist atrocities of the past century. Hence, communist atrocities have received much less publicity than Nazi war crimes, even though they were greater in magnitude by any objective measure.

        • I grew up in a communist country and escaped to the USA when I was in my late teens.
          As soon as I got my citizenship I joined the democrat party. I was always a conservative democrat until they got hijacked by the communists. Then I looked at the republican. I saw in the republicans nothing but fascism. That was 25 years ago and it has grown worse. Many of the attributes of fascism in the above article are exactly what the republican party talks about and does every day. The democrats aren’t all that much better.
          I listen in shock sometimes when I hear exactly the same speeches given to the American people that I was forced to listen to back home.
          Wake up folks and look around and most importantly listen to what is being said to you. They are offering you trinkets for your soul and you are gladly accepting them for your indentured servitude.

          • Joe, thanks for your input. You must have a LOT to offer this site. People will slam me for this, but while I agree there are a lot of RINO Republicans, there ARE people like Ted Cruz, Scott Walker, Rand Paul, Bobby Jindal, etc. that are not complete sell outs. (And no, they are not perfect…. let me know when you do find a perfect candidate.) And there are many, many great people in the Tea Party. You should join them.

            I agree that the Democrat party is now owned by Communists and fascists; that is often true of the Republican party (Lindsey Graham, Lisa Murkowski, but not in toto. Since you escaped from Communism, surely you must know how Lenin came to power, pitting one side against the other.

            So, I would love to hear you post in depth about your experience! Maybe Mac will let you do an article on your experience (perhaps he could edit it, if needed). Anyhow, continue to speak out – you have an important experience that needs to be heard!

            I leave with a quote from the vile Che Guevera (not handy, so this isn’t ipsissima verba, but close): “I know the campesinos (peasants) support us. But when we (the Communists) come to power, they will still need to be liquidated.”

            Gee… isn’t that nice? Just another page from where the communists MURDERED 100mm last century according the Oxford Univ. Press’ book “The Black Book of Communism” (Stephane Courtois, et al).

            • “Ted Cruz, Scott Walker, Rand Paul, Bobby Jindal, etc.”

              YEP , not perfect for sure.
              But a hell of alot better that the Bush dynasty being rammed down our throats as the fait accompli .
              But what options will the RNC allow us to have ?
              Probably jeb.

              • Speaking of investments, I invested in one of these and I really like it.. It has 20 watts on uhf and 25 watts on vhf. Not much bigger than a pack of smokes and totally programmable. It does get hot if you transmit a lot but other than that its a great little radio for a base unit or vehicle. I now use this for a base unit and the baofeng handhelds for portable. I liked it so much I got another one for the truck. 🙂

                • Genius,

                  Thanks for the post. I have been thinking about this issue for quite some time but have not gotten a Ham Radio set yet or trained to become an operator. I do have the the small walkie-talkies made by Midland. In order to get the news and the bigger picture when SHTF, shortwave, AM, FM radios will be important. But the ability to communicate with each other may be even more important. We will certainly miss the cell phones. During Katrina, our cell phones quit working. Some land lines were still usable. I was deep in a river gorge in China once and was pleasantly surprised to hear a broadcast on AM radio by VOA!

                  • laeagle, You can program the GMRS frequencies in them and use it without much worry (gmrs requires a license 80 bux for 5 years) but nobody gets one. They also have standard FM band built in. In shtf I doubt anyone cares if you have a ham license for other bands just be familiar with what frequencies are what. These also have a voice scramble option (buy a unit that comes with program software and cable) for more privacy. If you had to I would use a frequency allocated for business or some similar thing. Stay off the regular 70cm and 2 meter bands as that could mean trouble. Good luck!

              • hammerhead

                FDR said it; “Presidents aren’t elected, they’re selected”. His cousin Theodore said, “An uneducated man robs a train; an educated man steals the railroad”.

                We’ve seen both.

              • hammer

                That’s what ive been saying too. I fear trump is just going to eat up all the media coverage, thereby drowning out all the other candidates, forcing them to drop out. Then towards the end he’ll put his foot in his mouth, and we will be force fed JEB! (P.O.S)!!!

            • Wrong! There was an article on Natural News talking about how Rand Paul has been Shilling for Monsatan. Ted Cruz? I like the guy, but his wife works for Goldman Sachs. Scott Walker? Here in Wisconsin, he sits idly by while the state police have been grated the abuse ability of forced blood draws. Sounds like the antithesis of liberty and Constitutional rule of law, doesn’t it? Admittedly I need to do my due diligence on Jindal. Ladies and gentlemen, it behooves us all to really delve into their background’s.

              • Thanks, OG – I really appreciate the facts you cited. Very important. I, too, am concerned about Cruz’s wife working with Goldmun Suchs (sorry, couldn’t help it); however, he HAS addressed this – you can simply google the topic – of course you will get both sides. Re. the blood draws and Walker – very bad indeed. Yet, sometimes the good is the enemy of the best, and he may only have so many CPU cycles to deal with so many issues. Also, he, like you or me, if we were in power, may also simply make mistakes, pure and simple. For me, what is the overall balance of his record?

                We all have to come to that question: do we sit out until the perfect candidate comes along (sometimes that actually IS the right answer), or is there someone we can live with, vis-a-vis someone like Hillary and her troupe of flying monkeys getting in? Not easy questions, but one we all have to answer.

                Good post, much appreciated. And I didn’t know about Rand and Monsatan. Tell us more (cite sources, please). Hard to believe he would be doing something like that! I do know some people actually think GMOs are helping – wonder if he is one of those types? Certainly, he must at least be for labeling to allow informed choice?

                • Test… wrong! Rand Paul is against GMO labeling. Look up his recent statements. None of these major party candidates are for the people. They are all warmongers, representing Israel first, above America. You know this, yet you find the truth distasteful to be spoken.

                  • Aljamo. If you actually read my post, you will find that I asked for sources about Rand and Monsatan. I didn’t know about this issue, and still don’t. I’ll have to look into it more.

                    Relative to “finding the truth distasteful to be spoken…” really? You know me that well? From a few posts? Nor do I know that all of the people running are warmongers. No doubt, some are.

                    We are all like the blind men feeling the elephant, then trying to describe it. Yet, to just be a cynic or solipsist means even worse people will get in. Sometimes, we need to make the best choices available to us in a fallen world (not ignoring chances, when they present themselves, to do better). I submitted my opinion on the candidates, nothing more. But please, do not insult my integrity – or anyone else’s here – when you know nothing about us other than a few posts. It is really beneath your dignity to do so, and – sadly – may possibly say more about than the people you attack. Rather, let’s try to stick to facts, OK?

                    • Solipsist

                      Philosophy. the theory that only the self exists, or can be proved to exist. extreme preoccupation with and indulgence of one’s feelings, desires, etc.; egoistic self-absorption.

              • If you want someone who really stands for principle and American values. Then you need look no further than who the repub establishment and repub media try to ignore the most, And in my opinion that is a clear and obvious……Rand Paul

                Repubs hate truth and liberty that’s why they hate Rand Paul

                • Then why, Richard, is Rand running in the Republican party? I think you are conflating RINOS with true conservatives.

                  Personally, I like Rand a lot. Someone above cited something about Monsatan and Rand, and I do not know if that is true or not. I would be shocked if it were. But here’s the thing: In most of my posts, I cite ***sources*** You might not agree with or like my sources, but I try do do more than just unsupported internet bloviations. And where I don’t cite sources, I try to ensure either a.) there are cogent, sequitur arguments; or b.) try to get more information so I too, can learn. There are also times where I just post my personal experience. I try not to insult people, their intelligence (I must admit, tho, the incessant Jew baiters here, have caused me to fail at that on occasion) as that is just a waste of electrons and time spent typing. Besides, who cares? The goal is try to exchange information, facts that are supportable, or credible. For example, Sgt Dale’s experiences are extremely helpful for these very reasons.

                  But I will admit, I have stopped reading many posters. Intellectual dishonesty? No… I just don’t have an infinite amount of time….

          • Fascism, socialism and communism all require one thing. The government is in control of everybody and everything.

            Remember that the United States fought three major shooting wars and one cold war to stop Communism.

            The democrats are now openly pushing for a socialistic government, throwing aside the wars of the past.

            The Republicans are too afraid of not getting elected to go against the democrats.

            In my humble opinion the Republicans of today are the democrats of the 1980s. The democrats are Communists now. There are no real conservatives anymore.

            There are only two countries that have survived Communism. Cuba and North Korea. Even China has become a capitalist country.

            • “The Republicans are too afraid of not getting elected to go against the democrats.”

              Damn straight,JOHN , We gave em control in 2010 and all they do is cower in fear that they may offend a democrat or be accused of racism by going up against a black potus.
              Politcal correctness ? or just greedy cowards , it dont matter , does it ?

              • Id like to see the lot of them turned to ash in a nuclear strike.

            • You think the Republican leadership cowers in fear, but that is not the case. They do the bidding of their masters and are rewarded handsomely. It’s all a rigged game where both sides play the gullible public.

        • Test, spot on about fascism. Excellent posts.

      4. Hold your breath just a little longer, we’re almost there.

        • Exactly Jim, almost there.

          I apologize for the following piece for being so lengthy, but it is of the utmost urgency at this time.

          A Covenant of Death, Part I

          This is an overview of a book I am currently writing. This revelation has come recently in waves of spiritual enlightenment and through patience of rightly dividing the Word.
          We are in a period of God’s time clock, or time table, unlike any other since modern America has taken shape and progressed through periods of prosperity and blessings. Mixed in those periods were times of horrible atrocities allowed by “we the people”, which should have been acknowledged by shame and divine repentance, and followed by a moral majority of change.
          Very few have done that, even on a personal level, and the majority, have become so immoral that they have replaced spiritual moral acknowledgement, with political correctness and hatred toward those that try to heighten spiritual awareness; by their evil mockery and accusations.

          We have now reached the point of no return as far as a nation. Here is an outlay of God’s prophetic time clock based on His Hebraic schedule, and not necessarily that of modern day _ews.
          The Shemitah year ended September 13th, 2015. What comes along next is actually more important than what transpired or what didn’t transpire on the last day of the Seven year cycle. On God’s time clock the Jubilee Year began, which is the fiftieth year after the 7 x 7 year cycles.
          Also, the period of Rosh Hashanah began on sunset of the 13th. This is not necessarily celebrated by the _ews, with a full ten day celebration, but on God’s time clock it is relevant. Why?
          This holiday/holy day, is when the anniversary of Adam and Eve’s creation is acknowledged, and more importantly the Coronation of God as King. It also is when the “Book of Truth” is opened, the opening of the “Doors/Gates”, and God is looking for that acknowledgement, and repentance of following idols, such as money and worldly possessions, as faithful children through prayer and, acceptance of Him and His Son, Jesus Christ; which was known then as the Tree of Life, and King Melchizedek.

          This period of the Opening of the Books, lasts for ten days. It ends on September 23rd, at sunset, which is the day of Yom Kippur, The Day of Atonement, the holiest of days of the year because it is the day of national/worldwide repentance redemption. Where there is repentance, there comes atonement and a following of blessings through the reconnection with the Father. Where there is neither repentance, nor atonement, there comes, cursings and death.

          Will the nation as a whole repent for allowing legalization of murder of the innocent? Will it repent for allowing legalization of Sodomy and acceptance of legal unions of those practicing such? Will it repent for its involvement of allowance of the separation of God’s land of Israel? Will it accept and repent for making a deal with idolaters and Evil men; that chant death to God’s children in Israel and His children in America/House of Israel? Will the many liberal supporters (about half of the 120 million eligible democratic voters), of the Spirit of Jezebel through one Hillary Rodham Clinton, that is a staunch supporter of killing of innocents, and harvesting of body parts for profit; acknowledge and repent?
          Regrettably, I have to say NO!

          What comes after no acknowledgement of God as King, and His divine presence on the Holy Throne, and the non repentance of the Nations, specifically America? What comes after a cause of division of Israel, God’s chosen land, by the hand of the leaders of America, that “we the people”, allowed? What comes when a nation puts more emphasis on protection of the immigrants that practice Idolatry, than it does of its own Christian majority?
          Then, comes judgment and the beginning of the days of reckoning, and sorrow. Then, comes death and a fulfillment of a Covenant of that death and destruction promise. Will it come suddenly in September? I believe so, in the form of another sign, or actual domino event.
          There were two great signs from the Heavens last week before the 9/11 anniversary. Right where the worldly minded made a defiant statement of “we” will build taller and stronger, with the One World Tower, there came a rainbow. I believe that rainbow was a sign of God’s presence and his unchanging Covenant with the World as one of Hope, through acknowledgment of Him; that must take place soon. The Bow also rose high above the so called tallest structure in the USA,( like the tower of Babylon of old), as God declared that He owns this land that has been defiled.

          The other sign was the Divine Lightening bolt that toppled the crane in Mecca where the King of the heathens that follow Idolatry, sits. It was a sign to America, in conjunction with the rainbow, that this may be your last chance during the ten days of the Open Book; or you will suffer the consuming fire of the jealousy of Yahweh.
          When, depends on God’s own timing. He may tarry a while into October, or even later. I have not asked or been shown an exact date, I just know it is coming. Then it will continue to come until people acknowledge and repent to the exact fullness of the Gentiles as God wants. Years; and possibly a decade or more, may follow. The cursings will continue as long as America continues in the business of legalization of sin, and crony capitalisim, instead of promoting Godliness.

          When it does occur, as the first of many dominoes to fall, I will follow up with an overview of Part II, which gives a further possible timeline as I have been shown through the spirit.


          • Thanks passin.
            You’re a God sent blessing.
            Looking forwards to your next post.

            • Well, we knew a book was inevitable, for a guy who lives to tell stories, pissin is more full of shit than a toilet, you don’t need any ” signs” to see he’s gone on a way too full of himself bender yet again, as long as he’s got his faithful following of the 3 to 4 idiots who idolize the bullshit he tosses on their plates for their happy consumption, he can continue to play his little game of pied piper.

          • Passin, that sounds like one helluva book and I’ll be interested in a copy.

            • Two copies. One for the Georgia BOL, so cuz gots somtin to read, and one for the “supervisors office”.

              • JSTM, go back to sleep.

          • Passin, this book will be in the fiction section right? Or maybe the cult section?

            • Depends on who is looking.

              For most it would be in the Religious section, but that doesn’t really fit because Christianity is a way of life, not a religion; and we are not talking about ewish religion in this book, other than to say God formed his annual timeclock/timetables, before there were ewish peoples and eudism.

              Now for your types….probably in the Comedy section. Because all you people can discern from anything laughs.

      5. Capitalism no longer exists in the US, we have become a fascist state run by corporations.

        You walk into a national chain run by a huge corporation, only to find your second amendment right stops at their door, because they say, so and put up a sign!

        Capitalism has produced an incredible revolution in the western world. So much so it scares the elite who have worked diligently to destroy it for a century.

        They say the average person is now making a 1970’s salary in 2015. Forty years of progress have been wiped out in just six years under Barak Insane Obama!

        • Newsflash TPTB been chipping, sometimes using a sledge hammer, against the middle class for some time. Need I remind; NAFTA, China Free Trade, Glass-Steagall, Republican inspired and Democrat passed and signed into law.

          This predated Obama; the policy pre dated the above three items.

          • You mean the removal of Glas-Steagal?

            • Yep. It put the Financial Fox in charge of the chicken coop.

              Banks regulating themselves.


        • Capitalism and the second amendment are still alive and well in flyover country.
          I am self employed and i earn a profit , as for gun rights , while at the lumberyard last week a guy had a new AR and we all stepped out back to shoot it.
          Loaded the mags on the front counter , the other customers thought nuthing of it .
          Where the hell you live ?

          • hammerhead

            The capitalism you see, that you experience is not running the country; fascism is. The Financial Sector in specific and Global Corporations in general tell the government what to do.

          • Colorado just got real shitty, and it is in flyover country.

      6. “Fascism should more appropriately be called corporatism because it is a merger of state and corporate power” – Benito Mussolini (errata in earlier post – sorry – should have been merging state and big corps)

        Jonah Goldberg (yikes, a conservative right wing Jew!! Our Jew baiters will have a heart attack!( exposed the fascist left in the National Review, Jan. 28, 2008, p. 36 – 37, where he illustrates how H.G. Wells, one of the leading intellectuals of the early part of the 20th century, and a member of the Fabian Society, was involved with the budding flirtation of the left with fascism. Goldberg writes that Well s– who was a frequent guest of FDR, and had his meetings with him in the White House Oval Office printed as front page news – noted in a July, 1932 address to Oxford University’s Young Liberals that the world needed a “world brain,” one which “would unify mankind under a collective intelligence overseen by special men” (apparently, he forgot the future would include radical, militant, angry feminists) who “would lead and rule from above, making the hard decisions about everything from war and peace to eugenics and economics. The will and ideas of public-minded, masterful people working through a militant organization were necessary to forge a modernized state that would release the human community from the entanglements of the past.” If you aren’t thinking of Stalin, the French Revolution, Pol Pot, or perhaps even Hilary, you might want to check your pulse. Wells himself came up with a name for it” Liberal fascism (his term, not mine). No one ever thought to ask: Who controls the controllers? (Apparently, people like Eliot Spitzer didn’t exist back then, perhaps?)

        Goldberg notes that FDR had Hugh Johnson run his National Recovery Administration, one of the cornerstones of FDR’s New Deal. Johnson , writes Goldberg, openly admired Mussolini, and not only had a portrait of the dictator on his office wall, but gave out copies of Mussolini’s fascist book “The Corporate State” to members of his administration. FDR himself stated about his socialism that “what we were doing in this country were some of the things being done in Russian and even some of the things that were being done under Hitler in Germany. But we are doing them in a more orderly way.”

        You see, it wasn’t until Hitler was in full throttle that leftists needed to separate themselves from Stalin’s socialism, a little like Siamese twins being separated. Stalin himself, who didn’t like the schismatic national socialism, anathematized it in contrast to his international socialism. Basically, the same leopard, with different spots.

        American leftists? Goldberg notes Lincoln Steffens returned from Stalins USSR to declare “I have been to the future – and it works!” (and, I might add, if you were one of the perhaps 60 million who died in the gulags and elsewhere, you certainly **did** in fact, work! Work in the gulags… too bad they didn’t let Steffens “enjoy” THAT socialism).

        Ida Tarbell, another leftist heroine, espoused similar sentiments, and referred to the “Russian-Italian method,” applying to the similar philosophies of Italian Fascism and Bolshvism. Goldberg notes another leftist historian, Charles Beard, wrote in The New Republic that fascist Italy was “beyond question an amazing experiment,” and the first editor of The New Republic, Herbert Croly, not only defended Mussolini’s oppression, but wrote Mussolini “substituted movement for stagnation, purposive behavior for drifting, and visions of a great future for collective pettiness and discouragement.”

        Of course, no one ever seems to have taken to heart Orwell’s dictum that in the socialist workers “paradise” we’ll all be equal, only some of us (think Hilary, Kerry, Ted Turner, any Hollywood leftist you can think of, etc.) will be “more equal” than the others. Perhaps it wasn’t only the Bourbons who forgot nothing and learned nothing – it is also the modern radical leftists.

      7. its easy to understand how they did it again, its all planned by the banking cabal

      8. One of the smartest things I have ever read, that comports well with the article above.

        The Fleet Street Letter put this matter perspicaciously a number of years ago, and is worth quoting at length:

        “There are two major traditions in Western political thought. The first is Aristotelian, logical, rational, centrist, mechanistic. You concentrate power and truth in the centre and apply it outward, shaping the world according to plan. This was the guiding principle of the Roman Empire. It evolved into the Holy Roman Empire and the Church of Rome. Except for Switzerland, it has dominated politics on the continent ever since. Most recently, it has morphed into the European Union. The principle is simple – smart people can figure out how to run things, and should be allowed to do so. This was the idea behind Hillary Clinton’s health care task force (and now ObamaCare), as well as Japan, Inc. and even Adolph Hitler’s National Socialist Germany. It has animated nearly every politician (each one of whom, as Garrison Keilor notes about Lake Woebegone children, are above average) in this century. But there is another tradition that is much less well understood. It is the tradition of the Roman Republic… of English common law… of Adam Smith and Emmanuel Kant… of Austrian School economists such as Ludwig von Mises and Friedrich Hayek and of pre-Rooseveltian American. It is organic, rather than mechanistic – the tradition of tradition, based on the recognition that people, no matter how smart, cannot replace thousands of years of accumulated experience.Experience is embodied in the evolved systems of values, customs, rules and traditions that people use to order and give meaning to their lives. A free market and a free society allow people to express these preferences, as well as allowing the process of social and civil evolution to continue. This tradition, in other words, is neither liberal nor conservative in the modern sense, but anti-political. Indeed, it is often seen as “anti-intellectual” because it denies the authority of intellectuals to tell the rest of us what to do (through the political process).”

        Perhaps you, like I do, remember the “best and the brightest” who led the Vietnam war? How did that one work out? Or, if that news is too stale, perhaps you care to visit present day Detroit – which was the first city to adopt the socialist “Model Cities Program” under Mayor Coleman Young a number of decades ago. Similarly, Lyndon Johnson’s “War on Poverty” was a quasi- socialist endeavour, which was intended to end poverty. You can judge for yourself what all those $15 trillion dollars spent on this “war” resulted in (hint: we now have just under 48 million on food stamps, up from 32 million when Obama took office, and with more poverty than ever).

        • Oi TESTicle.
          FUCK ME…
          You sure do go on & on & on matey.

          • Agent skinhead, you said it just right. F#$% you! Test makes a helluva lot more sense than you ever thought about.

            • Thanks Brave.
              You know, I really DO dote on every one of your enlightened posts here at
              I literally DO hang on your every word.
              I’ll now take your ever SO wise words to heart and promise to reeducate myself to a level that’ll be ever SO pleasing to you in the future and promise to rename myself as AGENT Bravehearts reeducated pupil…
              Hope that’ll be A-OK with you Brave?

        • Yeah, the best and brightest to lead the Vietnam War alright, LBJ, Bob McNamara, and Billy boy Westmoreland, aka Moe, Larry, And Curly, although in a pinch you could substitute Shemp for Westmoreland.

          • Jonsey

            Westmoreland’s strategy was attrition which is really the absence of a strategy. If we kill 100,000 of them per year they’ll quit. Forgetting basic math their birth rate was 250,000 annually. A Lt Col Vann, Paul Vann I believe his name to be wrote a book, “A Bright Shining Lie”, that had at least a possibility, a framework, military, economic and political to achieve some of the goals we desired. Those Rice Patty Daddies lost every battle which a US General reminded them of after the Paris Peace Accords were signed. Their reply was, “This is true but it is also irrelevant”.

            If I remember correctly according to the Pentagon Papers the US knew by 1967 that they could not achieve their political objective (and war is politics by other means). The war continued to feed MIC and attempt to save face. Approximately 30,000 additional deaths occurred from 1967 until Jan 1973.

            • Kevin 2,

              It’s not surprising to hear this. The way these 3 idiots managed the war was a manual on ” How Not To Conduct War”. I’ve seen some documentaries on the air war in Vietnam, and interviews with the pilots who flew missions under the LBJ/McNamara administration. In short, these pilots were understandably frustrated and angry at the pussy way LBJ went about setting their missions and parameters. LBJ was scared shitless to bomb Hanoi under any circumstances, which, made a lot more sense than bombing jungle. They could have shut down the supply chain right where it started, but instead they decided to let all the supplies flow down the Ho Chi Minh trail and take up the fight in the jungle where the Vietnamese could skirt in and out of different countries where America couldn’t follow. Of course it ended in failure, it was designed to from the start, no wonder these men who had to do the fighting were so angry, the pussies in Washington only encountered such hardships as how hot is the coffee and will luncheon with the president be late today? BTW, anytime somebody uses the word ” luncheon”, they’re always a Washington crony who enjoys living the good life. Vietnam should have been the ultimate lesson about why you never go to war unless you’re prepared to win and as soon as possible, if you’re afraid to engage your opponents on anything but the periphery than you have no business being there, period.

        • True

          Excellent essay.

          I might have read a lot but my political education is self taught. Like to learn.


        • TEST,

          Hillsdale College is offering a number of free online courses now I think would be right up your alley. If not, you could let me up your alley. BWAHAHAHAHAHAHA RAINBOW POWER.

          • AE=====D.M.W(alking).

      9. When a major military threatening international crisis occurs the world generally buys US dollars for security which just so happens to strengthen the currency. Inflation then drops in US dollar terms as its purchasing power increases.

        With the previous paragraph in mind, the US can easily create the political conditions and therefore the timing of the above.

        Just a thought.

        • KEV , Your correct , but dont forget , our dear leader thinks that the US does not deserve the status it has , and that the US should be just another third world shit pile .
          He thinks we should be multi cultural , open borders and is aiming to bring us down via cloward/piven stategies.

          With the above paragraph in mind, what happens ?

          • Regarding Obamas ability to alter domestic social policy its about absolute. Here lay the difference (sometimes) between the Democrats and Republicans. The Presidents independent governance over the economy is zero. His independent true control over foreign policy is the same, zero.

            The Executive Branch does not develop a Foreign Policy but they can tweak one within a parameter. They sell policy’s composed by far more powerful interests. Presidents that history labels successful sell these policy’s completely. Marginal Presidents sell part of them. Single term Presidents are single because their salesmanship ability is poor.

            • Yeah, yeah, yeah.
              But that still wont stop the bureaucratic prick from tweaking the rules in order to sell your ass.

              • All of this dates back at least decades.

                The tweaking of foreign policy is insignificant. Its the substance of it, with zero, yes zero input of, “We The People”, is where the trouble is.

                The Founding Fathers would be appalled.

      10. The Fed kicked the can down the road. If Obullshit and his turds have their way they won’t raise it until late in 2016 just before the election. If the Repubics win they will get the shaft. I Hellory wins she get the shaft.

        Obullshit just sets back and gets his wish to take down the USA.

        • Howdy Sarge, Say have you ever tried Barnes matchburner boolits? I tried some 175gr. 30 cal. in an .06 and .300 winmag with excellent results! I have always been a Sierra fan but these are as good or better in my testing. Put some 4350 or some H1000 behind it and you will be impressed.

          • “G”
            No I haven’t yet used the Barnes 175BB’s, But I just might. I have heard great thing about them. I use Nosler Partition Gold in the 300 Win Mag or the Combine Technology 180 in the 300, and 168 in the 30-06 and 308.

            For deer and just shooting I like Hornady 180’s in the 300 Win Mag, and 165’s in the 30-06 and 308. 30-06 and 308 I use 748WW and Varget.

            H4350 or IM 4350? I use Supreme 780 with very good results. pushing a 180 grain pill.

            I have never used H1000 but I hear it is a good powder.
            I have used H4550 In my 30-06 and my 300 Win Mag. with mag primers.

            Do You use Magnum Primers?

            I use 110Gr Barnes Tipped Triple Shock in my 6.8MM on deer, works great. Recovered the first bullet I used on deer that I shot at around 75 yards. Butt shot logged in shoulder. Went in at 110Gr. and when I weighted it after I cleaned it it’s weight was 107Gr. I think the little blue tip might just weight 3Gr. The sucker dropped like a box of rocks.

            Thanks for the advise on the Barnes Barn Burner Bullets. I just might pick some up for making some more sniper loads in the 300 Mag. & my 308’s I’m going to do some research on them in the 175 and the 155 Gr.
            Thanks Again

            • Sarge, I use IMR 4350 and H1000 for the 300 and mag primers. The .06 I use standard large primers and 4350 or 4000MR. For heavy penetration/special defense loads use the Barnes ttsx solid copper 180gr., for hunting the Sierra 180gr. gameking. I don’t use the lighter (under 150gr.) because I don’t get the accuracy at distances. Both 06 and 300 are 1/10 twist barrels so I can’t use over 180-190gr. If you want a great scope for the money check out the SWFA super sniper scopes. They are heavy duty and have 1/10 milrad adjustment. They are only 300 bux and perform as well as my buds 1500 dollar leupold. SWFA dot com. Read the ratings. I am going to put them on all my large rifles. They have a patented mildot reticle that has .5 milrad marks for easy adjustment and with the 1/10 milrad turret adjustment it is very precise.

              Load up and git er done! 🙂

        • Sgt Dale

          If kicking the can were an Olympic Sport the US would win Gold, Silver and Bronze every year.

          • Oh if we didn’t win we would bribe or see to it that the judges were removed.

      11. Test:

        Thank you. I will read your comments several times. They are much appreciated. Too often people just call wrong opinions stupid, but fail to explain so that the rest of us can understand. With all I’ve read about facism (not much), I never knew it was the brainchild of a communist. And that communist was Mussolini.

        I never understood the difference between the two, communism and facism. There really is no significant difference when you come right down to it. Now I understand why. Keep coming with your comments. I have more questions about Banksters, Zionism, and our current economic and political woes, but I’ve taken in enough for one day.

      12. Another scary one:

        *****Cashless Sverige and Denmark.******

        And no, still no one has answered Roman satirist Juvenal, who asked this question 2,000 years ago: “Quis custodiet ipsos custodes?” – Who will watch the guards ( or who will control the controllers). Perhaps it will be Geo. Soros… same guy who recently refused to pay a $7 BILLION tax bill (poor guy… probably living on Kraft Dinner right about now); or much better, maybe we can have Lois Lerner and her crew keep an eye on all our transactions? How about a big 666 printed on their foreheads?

        … and this comment is priceless: “The country’s highest-profile cash-free campaigner is Abba’s Björn Ulvaeus. After his son was robbed several years ago, Ulvaeus became an evangelist for the electronic payment movement, claiming that cash was the primary cause of crime and that “all activity in the black economy requires cash” (hey Björn – talk to Obama crony Jon Corzine lately? Any banksters?

        For those of you interested, some links from the leftist, lamestream media: or or or

      13. on a different note
        the last 20 minutes of “The men who make us spend” (episode3) is all about why they are pushing credit cards

      14. Test:

        These Banksters neglect talent unless it’s part of their Master Plan.

        If Sweden and Denmark go No CASH ALLOWED, we could be next.

        This is really really dangerous.

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