Comments on: Max Keiser’s Savers vs Speculators

By: Neo-Fuedal Casino Gulag Plantation Economy Minion

Neo-Fuedal Casino Gulag Plantation Economy Minion — Sun, 05 Jul 2009 23:10:48 +0000

This is a deliberate, systematic, studied crash of the system and subsequent looting of it by Wall Street’s most powerful interests, nothing more. Like the Great Depression, where millions lived in misery as the rich got much, much richer, the globe is experiencing a massive value drain so that a few interests on Wall Street can build dynastic wealth in a few short years.

I could go on, and cite many other contributing deliberate manipulations. I won’t bother. You probably know most of them.

But the truth is that we are witnessing a nation whose policy is being run so special interests can profit at unprecedented levels while the standard of living of the populace inevitably declines to accommodate the transfer of wealth. It is completely deliberate, and not a bit of it is accidental. The smartest guys in the financial world didn’t all just get stupid and blow it – that’s a facile cover story being propagated by the captured press. They knew exactly what they were doing, they crashed the system to profit at levels it would normally take 50 years of stability to see, and they could give a rat’s ass whether you work at Burger King during your retirement as a result.

They win. You lose.

By: Grant in oz

Grant in oz — Sat, 04 Jul 2009 00:38:20 +0000

This is a great video. It more or less sums up the situation in 12 minutes.

@mini US,
the first buyers stimulus package is adding more than $50k it’s closer to $100k as it increases the leverage the buyers have to borrow more, and banks are still lending 100% of the mortgage, I know some one that just did that with cba.
I thought the banks stopped doing this. CRAZY.

By: Giuseppe Bagodonutti

Giuseppe Bagodonutti — Fri, 03 Jul 2009 23:49:36 +0000

@ Keith

I think the better question is,
WHAT CAN YOU AFFORD???
if you can afford the 10 year,
then do that…

Do you remember what the interest rates in 1982 were like?
That is the potential scenario we’re looking at …
(this comparison to 1930’s America that keeps getting touted is somewhat illogical considering the GREAT differences socially, economically and politically)

Also, is it your intention to FLIP this house for profit?
then you might as well keep renting…
and wait another year (depending what part of Canada you are in…

By: Fibon1123

Fibon1123 — Fri, 03 Jul 2009 22:13:40 +0000

Gasification on here as things are getting late I thought I WOOD include this its actually very interesting way of geting energy out of wood through pyrolysis.

http://www.blinkx.com/video/gasification-101-learn-the-basics-of-wood-gasification/L5mi5gEJ_zXqbbqPVZdKnA

I just tried to submit but it did not work hope it doesn’t appear twice

By: Keith

Keith — Fri, 03 Jul 2009 22:13:24 +0000

I’m in Canada. Given all the turmoil, what kind of mortgage should I sign up for?
5 year closed variable at 2.85 (.60 over canada’s prime)
5 year fixed ata 4.35
10 year fixed at 5.4?

The rates in Japan remained low for 10 years. Canada tends to be influenced by US rates, although our banks are apparently more stable.

By: pg

pg — Fri, 03 Jul 2009 21:44:37 +0000

that was execelent. pg

By: Tofu Charlie

Tofu Charlie — Fri, 03 Jul 2009 19:51:11 +0000

Nice vid. High production values. Shiny suit.

By: sharon

sharon — Fri, 03 Jul 2009 19:26:35 +0000

@ Dedo,
Thanks very much for that link. I was recently made aware of B17 and bought some apricot kernals, I think there’s alot to this. The video on the link you provided is very interesting though, just goes to show you there’s probably a cure for everything. I appreciate you digging it out for me….cheers.

By: Dedo

Dedo — Fri, 03 Jul 2009 17:16:47 +0000

@Sharon,…..Off topic, but have you seen the G. Edward Griffin vid’ ,.. world without cancer ?
take a peek http://video.google.com/videoplay?docid=4312930190281243507

By: kim jong il

kim jong il — Fri, 03 Jul 2009 17:10:19 +0000

good stuff fibon. thanks,kim