Today’s racket news: Government Sachs, AIG & the IMF [UPDATED]

Posted on July 10, 2009 by stacyherbert| 20 Comments

Stacy Summary:  Good morning all!  What headlines are you reading??  I have lots more that I will update this post with as the day goes on.

Stacy:  Out of the frying pan and into the fire.  See any difference for these former Soviet bloc states, many who had their own US backed color revolutions, and now the limited freedom they will forever have going forward?

Updates:

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20 Responses to Today’s racket news: Government Sachs, AIG & the IMF [UPDATED]

  1. Danny | July 10, 2009 at 2:08 am |

    I’m reading about Irish politicians’ summer holidays!! The Dáil (parliament) is closed for 3 months after today! Can you believe that!? the worst financial depression is history and “the boys” are going off building sand castles. Dear God, someone help us!

  2. snoop diddy | July 10, 2009 at 2:20 am |

    You’ll probably get along better w/out em Danny.

  3. Mini US | July 10, 2009 at 2:25 am |

    Yeah, see how things improve while they’re on hols.
    Then they’ll come back and it will all turn to poop again.
    “What did I miss” Hehehehhe.

  4. sharon | July 10, 2009 at 2:41 am |

    i was wondering, do we actually have any rules now that must be adhered to? or have they all gone out the window and we now have anarchy in the financial system?

  5. Mike2liverpool | July 10, 2009 at 2:43 am |

    F*ck all this twaddle, Gold is falling!
    The £ is climbing, no more “QE”…………everything is FINE!
    Mike

  6. Phil | July 10, 2009 at 2:55 am |

    @Danny.. “Irish politicians’ summer holidays”
    @snoop diddy .. “You’ll probably get along better w/out em Danny.”
    @Mini US .. “Then they’ll come back and it will all turn to poop again.”

    snoop diddy .. was just going to say that as well !
    LOL!
    Mini US … too right !

    @Sharon .. “do we actually have any rules now”

    Sure .. laws for the rich, and other laws for the poor !
    ;-)

    @Mike2liverpool .. “Gold is falling!”

    Great buying opportunity ?
    ;-)

  7. Phil | July 10, 2009 at 2:58 am |

    @Mike2liverpool … “Gold is falling!”

    Mike, Gold NEVER goes up or down ….
    … it’s the Fiat Currencies you’re measuring, not Gold.

    When the “Music Stops”, would you prefer to be holding GPPPs ( Government Printed Paper Promises ) or Physical Gold or Silver ?

    Relax IMO !

  8. Sirial | July 10, 2009 at 3:05 am |

    Living in the Netherlands with roughly 16 million inhabitants, its mind boggling to think there are almost 34 million Americans living off food stamps!

  9. Phil | July 10, 2009 at 3:06 am |

    FT : China attacks dollar’s dominance
    Call at G8 for change to reserve system

    http://www.ft.com/home/europe

    Nothing new really, except the US$ is stronger this morning versus main currencies !

  10. Phil | July 10, 2009 at 3:14 am |

    @FKNNewz

    http://www.youtube.com/watch?v=KrVpWoFJLPs

    Something for Sharon possibly ?

    Warning : Rude language
    ;-)

  11. Mini US | July 10, 2009 at 3:21 am |

    A taste of Front Page News on one of Australias major newspapers.
    “Mans sees himself in shop window” type headlines.

    http://www.smh.com.au/

    We here just pretend we are not actually IN the world.

    Warning – These headlines will change over time as you read but the substance will no doubt remain the same.
    Thnaks you Max, Stacy and friends for enlightenment.

  13. NicAbbo77 | July 10, 2009 at 3:46 am |

    http://uk.news.yahoo.com/blog/talking_politics/article/47288/

    Lightweight but moderately interesting comment on the MSM

    Otherwise, just reading your comments then off out for the day.

    @stacy … maybe Alvin Hall as a guest – mainstream economist presenter occasional seen on the BBC, might have some interesting views for On the Edge

  14. Youri Carma | July 10, 2009 at 4:17 am |

    U.S. food stamp tally up 1.2 million in two months http://r.reuters.com/tab58c

  15. sharon | July 10, 2009 at 4:47 am |

    @Phil……………….@FKNNewz

    http://www.youtube.com/watch?v=KrVpWoFJLPs

    Something for Sharon possibly ?

    What you trying to say Phil? Am I the only one here who holds the elite and govs in contempt? I’m not paraniod you know (ha, ha), they really are evil lying bastards!

  16. Phil | July 10, 2009 at 5:00 am |

    @Sharon … “the only one here”

    LOL .. No No No … I just thought you’d appreaciate Deek Jackson who also has a total dislike of the same … as the video demonstrates.

    I think Deek is a real artist actually .. and agree with 98% of his points.

  17. sharon | July 10, 2009 at 5:04 am |

    @Phil
    Yeh, he is good. I met him recently at a conference I attended in London. He did a presentation for us, basically what he does on YouTube but to a live audience…..He was good and everyone agreed with his analysis of the world.

  18. zmoore | July 10, 2009 at 8:29 am |

    @Phil re: Deek Jackson video.
    That video is the BEST, I almost fell out of my chair and laughed several times.
    Oops time to quiet down and get back in my cubicle.

  19. Phil | July 10, 2009 at 9:11 am |

    @zmoore … “Deek Jackson video.”

    You should watch some of his older stuff … it’s even better !

    And now the headLIES
    MOReON that later
    CONsumers
    etc. etc.

    YouTube’s “vlogolution” has moved onto his own Blog now.
    Here are two of my favourites !

    STEALING TRILLIONS TO MAKE A FEW MILLIONS
    http://www.vlogolution.com/hot/2008-09-14-stealing-trillions-to-make-a-few-millions/

    HOW TO CHEAT YOUR WAY TO $$$BILLIONS!
    http://www.vlogolution.com/hot/2008-08-11-how-to-cheat-your-way-to-billions/

  20. Fibon1123 | July 11, 2009 at 3:47 am |

    @ Phil
    Cool Post