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	<title>Comments on: Zero value and credit events [UPDATED]</title>
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	<description>Financial War Reports</description>
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	<item>
		<title>By: Phil</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12778</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Fri, 10 Jul 2009 10:31:31 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12778</guid>
		<description>@Mini US ... 100%
... correct !</description>
		<content:encoded><![CDATA[<p>@Mini US &#8230; 100%<br />
&#8230; correct !</p>
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	<item>
		<title>By: Mini US</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12775</link>
		<dc:creator>Mini US</dc:creator>
		<pubDate>Fri, 10 Jul 2009 10:14:33 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12775</guid>
		<description>@Phil
Re: Climate Change - Right on Phil.
Thats why I love wild weather. It reminds you that you are NOT in control at all.
People are shocked when there is a storm, or the flood plains actually flood into their houses they built in what used to be a river, or a fault line, etc, etc.
Economic Growth is overrated - Grow Grow Grow! Populations are exploding on the promise of economic growth. This means population increases dramatically, only to find it was all a hoax and these families are left with no work or livelyhood.
Time for spiritual growth to catch up with the $$$ farce.</description>
		<content:encoded><![CDATA[<p>@Phil<br />
Re: Climate Change &#8211; Right on Phil.<br />
Thats why I love wild weather. It reminds you that you are NOT in control at all.<br />
People are shocked when there is a storm, or the flood plains actually flood into their houses they built in what used to be a river, or a fault line, etc, etc.<br />
Economic Growth is overrated &#8211; Grow Grow Grow! Populations are exploding on the promise of economic growth. This means population increases dramatically, only to find it was all a hoax and these families are left with no work or livelyhood.<br />
Time for spiritual growth to catch up with the $$$ farce.</p>
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	<item>
		<title>By: Phil</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12768</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Fri, 10 Jul 2009 09:38:06 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12768</guid>
		<description>@Mother Earth ... &quot; ICN news is touted as well informed&quot;

That&#039;s not my impression of ICN.
Do you know if someone sponsors them ?

As to climate change ... to put it simply, the &quot;economic growth mantra&quot; is geared to never-ending short-term profits which inevitably will destroy the planet&#039;s &quot;natural inhabitants&quot; . You only need to look around to see it happening.
The arrogance of the human race in thinking they will one day have enough (scientific) power to (successfully) control nature is just ludicrous. We are a &quot;subset of nature&quot;, nothing more, despite what all the religious freaks want to believe.
JMHO FWIW</description>
		<content:encoded><![CDATA[<p>@Mother Earth &#8230; &#8221; ICN news is touted as well informed&#8221;</p>
<p>That&#8217;s not my impression of ICN.<br />
Do you know if someone sponsors them ?</p>
<p>As to climate change &#8230; to put it simply, the &#8220;economic growth mantra&#8221; is geared to never-ending short-term profits which inevitably will destroy the planet&#8217;s &#8220;natural inhabitants&#8221; . You only need to look around to see it happening.<br />
The arrogance of the human race in thinking they will one day have enough (scientific) power to (successfully) control nature is just ludicrous. We are a &#8220;subset of nature&#8221;, nothing more, despite what all the religious freaks want to believe.<br />
JMHO FWIW</p>
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		<title>By: Mini US</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12765</link>
		<dc:creator>Mini US</dc:creator>
		<pubDate>Fri, 10 Jul 2009 09:18:27 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12765</guid>
		<description>The only way ANYTHING will really get done on climate change is if some corporations think they can make money out of it.
Thats why carbon trading is being developed.
Just another financial vehicle for greed and fraud.
The planet is just the means.
Being cynical is exhausting, ha!</description>
		<content:encoded><![CDATA[<p>The only way ANYTHING will really get done on climate change is if some corporations think they can make money out of it.<br />
Thats why carbon trading is being developed.<br />
Just another financial vehicle for greed and fraud.<br />
The planet is just the means.<br />
Being cynical is exhausting, ha!</p>
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		<title>By: Mini US</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12764</link>
		<dc:creator>Mini US</dc:creator>
		<pubDate>Fri, 10 Jul 2009 09:14:32 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12764</guid>
		<description>@ Snoop Diddy.

Those guys at AIG should get a bonus like in the olden days.
They should lose a finger every time they dip into company funds.
Imagine the accountants trying to add up without any fingers?!
In fact, by now they would be down to the elbow.</description>
		<content:encoded><![CDATA[<p>@ Snoop Diddy.</p>
<p>Those guys at AIG should get a bonus like in the olden days.<br />
They should lose a finger every time they dip into company funds.<br />
Imagine the accountants trying to add up without any fingers?!<br />
In fact, by now they would be down to the elbow.</p>
]]></content:encoded>
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	<item>
		<title>By: Mother Earth</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12763</link>
		<dc:creator>Mother Earth</dc:creator>
		<pubDate>Fri, 10 Jul 2009 09:09:51 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12763</guid>
		<description>ICN news is touted as well informed., but ICN is as much an industry propaganda channel as any of the other media channels.  

The oldest stories always tell about the devil wispering truths until he can tell a lie and steal your soul. Not that I&#039;m a believer, but the method is univerally adapted in the media. 

The main lie told is that climate change and all action against it is nonsense. It think that issue is a good litmus test of any media channel, because if a channel doesn&#039;t tell you climate action should be priority nr. one and the real tax we pay is called pollution and environmental devestation, it&#039;s chills at work.</description>
		<content:encoded><![CDATA[<p>ICN news is touted as well informed., but ICN is as much an industry propaganda channel as any of the other media channels.  </p>
<p>The oldest stories always tell about the devil wispering truths until he can tell a lie and steal your soul. Not that I&#8217;m a believer, but the method is univerally adapted in the media. </p>
<p>The main lie told is that climate change and all action against it is nonsense. It think that issue is a good litmus test of any media channel, because if a channel doesn&#8217;t tell you climate action should be priority nr. one and the real tax we pay is called pollution and environmental devestation, it&#8217;s chills at work.</p>
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		<title>By: Mini US</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12761</link>
		<dc:creator>Mini US</dc:creator>
		<pubDate>Fri, 10 Jul 2009 09:07:54 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12761</guid>
		<description>I don&#039;t agree with P. Schiff.
He says low paid jobs are gone because minimum wage prices them out.
http://www.youtube.com/user/PeterSchiffChannel
I think that the big companies aren&#039;t satisfied with 150% return, they want to rip off the little guy so they get 250% profit.
Its just greed Peter. The minimum wage is not the cause of our financial problems - Its GREED!</description>
		<content:encoded><![CDATA[<p>I don&#8217;t agree with P. Schiff.<br />
He says low paid jobs are gone because minimum wage prices them out.<br />
<a href="http://www.youtube.com/user/PeterSchiffChannel" rel="nofollow">http://www.youtube.com/user/PeterSchiffChannel</a><br />
I think that the big companies aren&#8217;t satisfied with 150% return, they want to rip off the little guy so they get 250% profit.<br />
Its just greed Peter. The minimum wage is not the cause of our financial problems &#8211; Its GREED!</p>
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		<title>By: Mother Earth</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12760</link>
		<dc:creator>Mother Earth</dc:creator>
		<pubDate>Fri, 10 Jul 2009 08:42:32 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12760</guid>
		<description>All, backup your hardisk, the cyberwar between the US,South and North Korea may come to a head today with devestating effects...

http://voices.washingtonpost.com/securityfix/2009/07/pcs_used_in_korean_ddos_attack.html</description>
		<content:encoded><![CDATA[<p>All, backup your hardisk, the cyberwar between the US,South and North Korea may come to a head today with devestating effects&#8230;</p>
<p><a href="http://voices.washingtonpost.com/securityfix/2009/07/pcs_used_in_korean_ddos_attack.html" rel="nofollow">http://voices.washingtonpost.com/securityfix/2009/07/pcs_used_in_korean_ddos_attack.html</a></p>
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	<item>
		<title>By: tommy</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12759</link>
		<dc:creator>tommy</dc:creator>
		<pubDate>Fri, 10 Jul 2009 08:40:27 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12759</guid>
		<description>http://www.cnbc.com/id/31838262</description>
		<content:encoded><![CDATA[<p><a href="http://www.cnbc.com/id/31838262" rel="nofollow">http://www.cnbc.com/id/31838262</a></p>
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		<title>By: snoop diddy</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12758</link>
		<dc:creator>snoop diddy</dc:creator>
		<pubDate>Fri, 10 Jul 2009 08:35:00 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12758</guid>
		<description>A.I.G. Seeks U.S. Support for Bonuses

http://www.nytimes.com/2009/07/10/business/10insure.html?_r=1&amp;src=twt&amp;twt=nytimes

Aren&#039;t we honoured gods walk amongst us.</description>
		<content:encoded><![CDATA[<p>A.I.G. Seeks U.S. Support for Bonuses</p>
<p><a href="http://www.nytimes.com/2009/07/10/business/10insure.html?_r=1&#038;src=twt&#038;twt=nytimes" rel="nofollow">http://www.nytimes.com/2009/07/10/business/10insure.html?_r=1&#038;src=twt&#038;twt=nytimes</a></p>
<p>Aren&#8217;t we honoured gods walk amongst us.</p>
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		<title>By: Phil</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12757</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Fri, 10 Jul 2009 08:33:14 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12757</guid>
		<description>ICN Informed Citizen News broadcast Sunday July 5th, 2009. The news you should have heard this week, but didn&#039;t.

This week&#039;s stories...

Story #1 - House Passes Cap and Trade Bill
Story #2 - Common Sense On Global Warming
Story #3 - Buenos Airies Declares Flu Emergency
Story #4 - Update On National Animal ID System
Story #5 - Feds Hunt Down Guns 
Story #6 - Congreswoman MCkinney Gets Arrested
Story #7 - National Debt will be next crisis
Story #8 - Fed Chairman Bernanke Fears Economic Collapse If the Fed is Audited

Part 1 : http://www.youtube.com/watch?v=Cr00gI3k16M
Part 2 : http://www.youtube.com/watch?v=0bn79b4_FII</description>
		<content:encoded><![CDATA[<p>ICN Informed Citizen News broadcast Sunday July 5th, 2009. The news you should have heard this week, but didn&#8217;t.</p>
<p>This week&#8217;s stories&#8230;</p>
<p>Story #1 &#8211; House Passes Cap and Trade Bill<br />
Story #2 &#8211; Common Sense On Global Warming<br />
Story #3 &#8211; Buenos Airies Declares Flu Emergency<br />
Story #4 &#8211; Update On National Animal ID System<br />
Story #5 &#8211; Feds Hunt Down Guns<br />
Story #6 &#8211; Congreswoman MCkinney Gets Arrested<br />
Story #7 &#8211; National Debt will be next crisis<br />
Story #8 &#8211; Fed Chairman Bernanke Fears Economic Collapse If the Fed is Audited</p>
<p>Part 1 : <a href="http://www.youtube.com/watch?v=Cr00gI3k16M" rel="nofollow">http://www.youtube.com/watch?v=Cr00gI3k16M</a><br />
Part 2 : <a href="http://www.youtube.com/watch?v=0bn79b4_FII" rel="nofollow">http://www.youtube.com/watch?v=0bn79b4_FII</a></p>
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	<item>
		<title>By: Phil</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12755</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Fri, 10 Jul 2009 08:23:53 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12755</guid>
		<description>Denninger, CNBC and ZeroHedge ...

ZH: Denninger Goes On Air, One Minute Twenty Seconds Of Airtime Ensues

.. &quot; Karl - do what I did, and invite Dennis or whoever else to Market Ticker. I am still waiting for a response to my personal invitation. Maybe then you will have the opportunity to discuss the issues that truly concern you, and not have CNBC redirect to totally irrelevant concepts such as blogger anonymity, which the host subsequently spends another segment tryingto pin the issue on.  &quot; ...

http://zerohedge.blogspot.com/2009/07/denninger-goes-on-air-one-minute-twenty.html



MarketTicker : Dennis Kneale Ticker Embed - See http://market-ticker.org

http://www.youtube.com/watch?v=GKJerbbbuT8



Nice !</description>
		<content:encoded><![CDATA[<p>Denninger, CNBC and ZeroHedge &#8230;</p>
<p>ZH: Denninger Goes On Air, One Minute Twenty Seconds Of Airtime Ensues</p>
<p>.. &#8221; Karl &#8211; do what I did, and invite Dennis or whoever else to Market Ticker. I am still waiting for a response to my personal invitation. Maybe then you will have the opportunity to discuss the issues that truly concern you, and not have CNBC redirect to totally irrelevant concepts such as blogger anonymity, which the host subsequently spends another segment tryingto pin the issue on.  &#8221; &#8230;</p>
<p><a href="http://zerohedge.blogspot.com/2009/07/denninger-goes-on-air-one-minute-twenty.html" rel="nofollow">http://zerohedge.blogspot.com/2009/07/denninger-goes-on-air-one-minute-twenty.html</a></p>
<p>MarketTicker : Dennis Kneale Ticker Embed &#8211; See <a href="http://market-ticker.org" rel="nofollow">http://market-ticker.org</a></p>
<p><a href="http://www.youtube.com/watch?v=GKJerbbbuT8" rel="nofollow">http://www.youtube.com/watch?v=GKJerbbbuT8</a></p>
<p>Nice !</p>
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		<title>By: Scott from Oregon</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12754</link>
		<dc:creator>Scott from Oregon</dc:creator>
		<pubDate>Fri, 10 Jul 2009 04:43:53 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12754</guid>
		<description>http://www.businessinsider.com/dont-pass-ron-pauls-audit-the-fed-bill-2009-7

Kohn tries a con...</description>
		<content:encoded><![CDATA[<p><a href="http://www.businessinsider.com/dont-pass-ron-pauls-audit-the-fed-bill-2009-7" rel="nofollow">http://www.businessinsider.com/dont-pass-ron-pauls-audit-the-fed-bill-2009-7</a></p>
<p>Kohn tries a con&#8230;</p>
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	<item>
		<title>By: Neo-Fuedal Casino Gulag Plantation Economy Minion</title>
		<link>http://maxkeiser.com/2009/07/09/zero-value-and-credit-events/#comment-12752</link>
		<dc:creator>Neo-Fuedal Casino Gulag Plantation Economy Minion</dc:creator>
		<pubDate>Fri, 10 Jul 2009 03:34:26 +0000</pubDate>
		<guid isPermaLink="false">http://maxkeiser.com/?p=2112#comment-12752</guid>
		<description>Why does the money trust want a delinking of gold and the dollar, and celebrate inflation in all its diabolical forms?

Very simple.

If the dollar were still linked to gold at $35 an ounce, as it was from the 1930&#039;s to 1971, you could just stick money into a mattress, and the buying power 20 years later would be identical. That is antipodal to the desire to create incentive to investment in the stock market.

Inflation requires that EVERYBODY take risk just to stay even. The entire population needs to become risk-takers just to preserve buying power. This is especially evil when one considers that the money in question has already been taxed, both hidden and overtly, to an effective 60 to 70% level, leaving only about 30% after paying all the hidden and stated taxes. Then, that 30% needs to be risked in sketchy and questionable enterprises like the stock market, if one isn&#039;t to lose all one&#039;s buying power over time. That opens the door for the professional thieves to steal the remaining 30%, be it from naked shorting, or commissions, or an outright rigged game. Nobody would play that game, AS THEY DIDN&#039;T from 1930 to 1971. Once the population had to risk in order to just stay even, the markets took off.

It really is pretty straightforward. We&#039;ve been getting screwed for a long time. This is just the most obvious and overtly usurious example.</description>
		<content:encoded><![CDATA[<p>Why does the money trust want a delinking of gold and the dollar, and celebrate inflation in all its diabolical forms?</p>
<p>Very simple.</p>
<p>If the dollar were still linked to gold at $35 an ounce, as it was from the 1930&#8242;s to 1971, you could just stick money into a mattress, and the buying power 20 years later would be identical. That is antipodal to the desire to create incentive to investment in the stock market.</p>
<p>Inflation requires that EVERYBODY take risk just to stay even. The entire population needs to become risk-takers just to preserve buying power. This is especially evil when one considers that the money in question has already been taxed, both hidden and overtly, to an effective 60 to 70% level, leaving only about 30% after paying all the hidden and stated taxes. Then, that 30% needs to be risked in sketchy and questionable enterprises like the stock market, if one isn&#8217;t to lose all one&#8217;s buying power over time. That opens the door for the professional thieves to steal the remaining 30%, be it from naked shorting, or commissions, or an outright rigged game. Nobody would play that game, AS THEY DIDN&#8217;T from 1930 to 1971. Once the population had to risk in order to just stay even, the markets took off.</p>
<p>It really is pretty straightforward. We&#8217;ve been getting screwed for a long time. This is just the most obvious and overtly usurious example.</p>
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