Stacy Summary: Warren Buffett joins a long line of rich and powerful American men who have benefited from the bailout funds that were handed out after the same men threatened the taxpayer with apocalypse. Speaking of apocalypse, check out the stories on Iceland and on global currency wars . . .
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Warren Buffet, too funny. I mean seriously, does anybody really believe this old fool is anything beyond another CFR-CIA Media creation? 5-6 figure stock price is my favorite.
Course Warren is feeding off the taxpayer, duh. That is all these people do anyway, they don’t create anything.
Danny,
I have a holding at goldmoney.com, which I set up after learning about it from Max and also MiSh. You are right to be suspicious however. I suggest, do your own research, with this company or any of the others (eg. Bullion Vault…which I haven’t looked into). Questions you could ask:
Is the gold independently audited? If so by whom?
Check with that company to see if they really did the audit.
Is the company (eg GM) in good standing with the gov’t of the country it is in. (I looked into Jersey gov’t's website for GM’s account incorporation info, and it checked out)
How are the vaults insured against theft or catastrophe? This is what worries me the most frankly. What if their insurer goes under?
After doing this kind of research I was confident enough to set up a holding with GM. But I’d like to hear your results/concerns. Just so you know, GM has a fair amount of paperwork for you to fill out…its not like setting up an account at etrade. This, I think is a good thing… you want them to be strict about their clients (eg. no drug lords) and also you don’t want anybody else claiming to be you and withdrawing your $. So it can take a few weeks to set up the acct. Good luck.
Krugman has a scary post up entitled “It’s 1930s Time”:
http://krugman.blogs.nytimes.com/2009/04/06/its-1930-time/
I do not have the heart to link to the much scarier Vox paper that Krugman links to.
We’re in some trouble. I want the people who caused this all fucking dead.
@ Dan
hahaha…you afforded me an ol’ chuckle there with the Stanford story. its amazing really how these people live in another world to us folk.
@ The maxkeiser.com posse
Anyone got on the http://www.goldmoney.com train?? I’m having thoughts about it- but frankly; i don’t trust my mother at this stage!
I got an idea :
If the IMF sells it’s gold to China for Dollars, maby ‘they’ don’t have to print money anymore?
Mr. Keiser, I was wondering if you think money can be safely invested in any stocks. I think a lot of people are very concerned about what they should practically do right now. I personally own shares of a debt-free low cost silver mining company. But I’m concerned that the mines could be nationalized or that stock ownership could be somehow destroyed/stollen. So I’m just hoping for your take on the risks for ownership in stocks generally. I’d imagine it’s a concern for many of your viewers. Having looked at all fees involved I don’t think I have enough money to practically use Goldmoney.com’s services as you suggested during your kdka interview. And I’m leary of holding bullion either at home or in a bank vault. I’ve uncomfortably settled on owning a stock due to the barriers to securely buying and holding bullion. Thank you.
Stanford denies running a Ponzi scheme, working with organized criminal drug cartels: http://abcnews.go.com/Blotter/WallStreet/story?id=7270405&page=1
My favorite part:
” Stanford said the government action to seize his assets had left him with little money and few changes of clothing. He was forced to fly on a commercial plane for the first time in almost two decades after the government seized his fleet of six private jets.
“They make you take your shoes off and everything, it’s terrible,” he complained about the airport security that apparently came as a surprise to him. “
Here’s a fresh headline:
IMF Urges Eastern Europe to Adopt Euro Without Joining Eurozone:
http://www.ft.com/cms/s/0/c40f80a0-2209-11de-8380-00144feabdc0.html
Bob Geldof Watch: http://ipezone.blogspot.com/2009/04/sir-bob-geldof-equates-stimulus-to-aid.html
I liked him better when he was shaving off his eyebrows and butchering Floyd. At least Bono can sing.
I am glad that the truth about Warren Buffet is starting to come out. These people don’t seem to have enough. I have no problem with people being very rich, but to do it at the expense of the taxpayers, that’s abominable.
Again, thank you for the great work you’re doing!
What has amazed me the most about Warren Buffet was his endorsement of Barack Obama. Age must be getting to him. Why is he surprised that this is the worst year ever ? He voted for it.
also,
i keep wondering when max’s book will pop up.
went to the bookstore this weekend, and every
tom, dick and harry has a book out there.
why not max ?
i know max talked about the book he wrote.
anyways,
yall peace out,
-obm.
good idea to merge the websites/domains stacy.
this format is pretty nice, and comprehensive.
thanks for all the hard work.
-obm.
Addendum:
How a newspaper interview earned US$1 billion for New Zealand
http://www.youtube.com/watch?v=G-O9iLLcOrs
Key is the only PM to admit that spending and borrowing are not ways out of the recession-depression. Key is not unique in doing so in the NZ government either. This news is from 30 March, so about 7 days late…
Here is the interest.co.nz special on NZ zombie banks aka Finance Companies…
http://www.youtube.com/watch?v=uwcHptCEftU
Somehow he must have finally read or seen my model for the US and EU exit of this finance crisis … remember my numbers put it at 2021 to 2026.