Headlines, Headlines, Headlines – 30 March 2009

13 Responses to Headlines, Headlines, Headlines – 30 March 2009

1. aura | March 31, 2009 at 10:31 pm |

   Great summary Stacie. Thanks for the invaluable research and links. I am going through the links now and adding some to my blog. I posted the video of Max's interview with the BBC (the one Drudge linked) and it was a hit on my modest blog. Awesome link summary above too. "Detroit told to 'pound sand' and more US taxpayer money went into the bankers black hole of market fraud." LOL I love it. You guys say more in three lines than an entire edition of the NY Times. They have to be polite, I suppose – by calling the crooks mister. People are waking up fast thanks to the hard work of people like you and Max. BTW, I consulted an astrologer five years ago and he told me that all the astrologers were buzzing about a large scale war in 2010. Apparently the same star crossings that were in the sky before the start of WWII will be in place again in 2010. Should be a real blast. Hold on to your hats amigos!

2. Adam | March 31, 2009 at 12:21 pm |

   @SevenLV @Chris

   Just listened and you're right. Wow.

3. Johnny Dangereaux | March 31, 2009 at 2:06 am |

   I Dugg you at Huff Po, to get it started anyway! I go by chanvrehomme over there….
   RI CO RI CO RI CO RI CO RI CO RI CO

4. Chris | March 31, 2009 at 2:05 am |

   Speaking of Hitler, remember how he came to power? Rampant inflation (Wiemar republic)

5. bzmoore | March 30, 2009 at 9:17 pm |

   I suppose the Bushies "hollowed out" Fort Knox as well to prop up the dollar and leave Obama with NOTHING. Just like Brown whom Max said sold half of British gold reserves in the last while. Interesting point is that China with all those US dollars and other currencies in their foreign reserves can buy up all the gold mines in the world. They can go from nowhere to king of the hill in terms of gold.

   The US and others foolishly keeping a cap on gold by selling it while the smart countries are buying at this incredibly low price. Things don't look good for the good old USA. The next step will be: when in trouble start a war like Napoleon/Hitler/Bush. I feel sorry for Obama what a F-ing mess.

6. Mep | March 30, 2009 at 7:54 pm |

   HuffPost just picked up on this Globe story. One of the commenters there made a disturbing inference . . . what if Millard–of Lehman–decided to invest those pensions heavily IN Lehman Bros?

   I think I will go play Mep Ball and pretend that all is well in the world.

   Mep Ball: http://www.arcadillo.com/game/142/Mep-Ball.html

   if you don't know who OddTodd is, you should.

7. StephenLV | March 30, 2009 at 12:14 pm |

   <a href=”http://www.cfr.org/publication/18923/c_peter_mcco…” target=”_blank”>http://www.cfr.org/publication/18923/c_peter_mcco…

   Go there and download the mp3 of Timothy F. Geithner's talk in front of the CFR last week. At exactly the 13 minute mark on the mp3, Geithner lays a big Freudian Slip. He flubs the word Global. It is best to use an IPOD to listen to this….He starts saying Gold and Silv…and quickly corrects himself with Global..

8. Mep | March 30, 2009 at 6:36 pm |

   Yeah. Interesting, too, that the genius whose idea it was to change the investment strategy was a former Lehman Bros. lackey (Millard), isn't it? Sorry, but when it comes to something like pension plans, you don't put bulls in charge. More than that, you don't let 3 sitting cabinet secretaries decide what happens with the pension fund. Mitch McConnell's wife, then Sec. of Labor Elaine Chao, couldn't even do her primary job and create jobs in the US.

   I found another article on this, "The year's scariest investment news,":

   http://articles.moneycentral.msn.com/Investing/Ju…

   Seems that one reason we didn't hear about this in the news when it happened is that the PBGC announced their new investment strategy on President's Day of 2008– when nobody was paying attention.

9. gb2 | March 30, 2009 at 5:37 pm |

   Max – screaming out "RICO" could become the new "ATTICA" -

10. Chris | March 30, 2009 at 5:01 pm |

    SevenLV,

    Wow! You're right you can clearly hear him say "Gold or Sil…" and correct it with the similar sounding "Global Standards". My guess is that he has been using both phrases over and over recently to the point where he can get them mixed up. In this speech before the Council on Foreign Relations, he is discussing what Obama will be doing at the G20 meeting. If this is a Freudian Slip, then it sounds a lot like this G20 meeting is laying the framework for a new Bretton Woods.

    Stacy…this is worth listening to. I don't have an Ipod but I downloaded the file, the opened it in Itunes, and jumped to 12:50. Had to replay it a few times.

11. Chalcedonite | March 30, 2009 at 4:49 pm |

    Ireland looses it's AAA rating. What is your forecast for the forty shades of green?

12. Chris McCarthy | March 30, 2009 at 4:19 pm |

    Of all those stories, I think this is the most telling:

    http://www.boston.com/news/nation/washington/arti…

    It essentially confirms a thesis Stacy has put forth a number of times: that the Bush administration "hollowed out the system" before leaving. So that now with Obama in charge the wealth is gone, unemployment is exploding, and the debt tsunami is unstoppable.

13. Mep | March 30, 2009 at 7:56 am |

    Just incredible.

    Well, if AG Cuomo wasn't looking far beyond AIG's counter-party payouts, I've sent his office another e-mail and directed him to the Business Insider article.