Friday, December 04, 2009

Yo Ho, Yo Ho...

...a broker's life for me... [More]

This information is neither an offer to sell nor a solicitation to buy securities. The information is current as of 12/04/2009 and is not a guarantee of subsequent investment composition, which is subject to change at the discretion of the portfolio manager. This report is authorized for distribution to prospective investors only when preceded or accompanied by a current Somali Voluntary Coast Guard Trust prospectus and a Sea Steward® Variable Annuity prospectus, all of which contain more complete information, including all charges, expenses, risk factors, and limitations. Past performance is not a guarantee of future results. Please read the prospectus carefully before investing.

[Via Plug Nickel Times]

6 comments:

Sean said...

Give me one month, and a free hand, and these POSs would be a footnote. As it is, them breathing is a disgrace.

Orygunner said...

I think we should invest heavily in this new economy! Can we make a large deposit of precious metals?

Say, Lead?

jon said...

my god, it reads like an onion article. yet i think i'd trust them with my investments sooner than i'd trust goldman sachs.

seriously though, this is roughly how the NYSE got started. the slave trade is an original source of the new england establishment's power and wealth. and who were the founders? tax protestors, bootleggers, smugglers. they ran alcohol and tobacco, set up militias and engaged in armed rebellion and got into shootouts with the authorities.

what you're watching is the short economic transition from the free market to a state. as soon as they have an effective political economy running, they'll transition (internally) from guns to votes and currency, giving the people the illusion that they control something.

touchy-feely democrats don't create states. they just show up later and undermine them.

now, why you'd want to create a state in the godforsaken ocean, i have no idea. perhaps the lust for power is greater than the desire to stand on terra firma.

Kent McManigal said...

I can't help but wonder how the maritime trespassers of the world will portray the Americans who decide to patrol the coastal waters here when we finally ditch the government military. Kidnapping and murder are never right, but why is a blind eye turned when the kidnappers and murderers wear the silly hat of government? It doesn't make it any more ethical.

Plug Nickel Outfit said...

By some definitions - theft, kidnapping and murder are committed at high seas every day.

Not to worry - it's all done legally - generally under the auspices of governments enforcing trade restrictions.

We find humor and outrage at this motley band - but it could readily be argued that most 'citizens' around this globe consent to our governments engaging in a higher form of that same behaviour.

I am NOT speaking in favor of trespass against any person or their property - I'm only agreeing that sometimes these matters do sometimes seem as though they're measured by the complexity of one's headgear.

jon said...

of course PNO is right, and i won't fail to condemn breaking the covenant laws against murder and trespass.

the saddest point is that those with the resources, courage, interest and opportunity to stand up to it are the very same who instead wilfully join that piracy stock exchange to profit from its operation.

however we should not forget that we are little different here at home.

not only do we silently consent to legal forms of plunder by our own respective western governments, but we take our anger out on the rest of our countrymen in the ballotbox -- as if it will make any difference whether they stupidly elect a criminal -- rather than directing that force towards our common enemy itself, the state, and the process of deconstructing it brick by brick.