[1046] The Truth About . . . IOUs – 11 July 2009

Stacy Summary:  The Truth About Markets.  London.  Resonance 104.4 FM.

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98 Responses to [1046] The Truth About . . . IOUs – 11 July 2009

  1. Since Mahatma Gandhi died, there’s no one left to talk to

  2. Seriously, will GS fail or will they rule my ass in a couple of years?

  3. LOL

    tinselbrain!

  4. Hold on a moment. Read this article (see link below) and the statement from Gordon Brown in regards to Chinas criticizm of the dollar as a global reserve currency.

    This statement actually says it all about the intentions of the world leaders, READ IT TWICE!:

    “We don’t want to give the impression that big change is around the corner and the present arrangements will be destabilised,” said Mr Brown

    http://www.ft.com/cms/s/0/81f3125a-6cae-11de-af56-00144feabdc0.html?ftcamp=rss&nclick_check=1

    This reveals Brown saying that a big change is underway. Any talk about the CHANGE will destabilize the whole plan. To me this said it all!

  5. At last I found it…

    MAX KEISER SINGS “THE MAX KEISER SUBPRIME BLUES”
    (about half way down the page on the left)

    http://maxkeiser.com/max-articles-interviews-and-quotes.php

  6. On the right!!

  7. Gee what swell guys to give the poor un nutritious genetically modified foods! G8 global currency touting http://www.bloomberg.com/apps/news?pid=20601087&sid=aeFVNYQpByU4

    These folks (the fucking lost controlling inbred retarded global elite parasites)
    have a mission and they are on a roll.

    I am having a garage sale this weekend with robbed goods that I found at the dump. Funny, every single thing sold at a fare price.

    The sad conversations going around my garage is that many who are near to or were ready to retire from some gas companies and the UP rail road , well they’re gettin’ fuck’d too. One man has to work an additional 10 years at lower pay, in a position he is way over qualified for after 30 years of loyal service to UP Rail Road! WTF?! Others telling similar stories. Yet, they are not able, or ready to say “HEY! OUR FUCKING GOVERNMENT IS SELLING US OUT!!!”

    All last month the Texas SWAT has been training local law enforcement in our humble Wyoming town of 10K. The worst crimes here are crimes of stupidity and passion. Two of the same.

    Why can’t these idiots see that this is paradise, and has the potential to be for all. But the elites have been cheating and robbing for so long that they have created monsters among men, with drug addiction and alcoholism at record highs. And profiteers whining about lower gene pools and yadda yadda yadda. My mind is growing numb. Soon I will turn off this little box just as I have turn of the TV; return to nature and live out the rest of my days being kind to others even when they don’t deserve kindness. I will live life on life’s terms and find peace.

  8. @M … Yes, it looks like the “plan” is there !

    .. “This reveals Brown saying that a big change is underway. Any talk about the CHANGE will destabilize the whole plan. To me this said it all!”…

    I couldn’t read the whole article as my subscription “limit” has been reached already. I presume they were talking about a new world currency … like the coin they showed at the G8.

    If this “does” happen…
    I assume there will be a “handover phase” like there was for the Euro . BTW, I actually developed the software for the 2-year phasing-in of the Euro for a major swaps player. The exchange rates were almost pre-decided upon. The “book money” was managed 2 years before the coinage was introduced. Swaps counterparties could opt to move their contracts into Euros from the legacy currency.
    I would imagine a simliar system would be done for the NWO currency. As far as US$ devaluation is concerned, I could imagine the “new” currency being used as a mask, even although many Fiat Currencies are tending to become worthless, not just the US$.
    We’ll see !

  9. Luv the show. What you and Stacy talk about is along the lines of JOHN N. GRAYS books; especially his later books:

    http://en.wikipedia.org/wiki/John_N._Gray

    Thank You,

    pl

  10. @PL .. thanks for the link

    Tyne and Wear … a Geordie ?
    Home ground !
    Certainly interesting essay-titles … can you recommend one of his book titles please ?

  11. @M&S .. great talk … enjoyed it !
    You covered lots of points … just all too despressing – unless there’s a way to change things .
    It’s just amazing that we put up with this.
    I suppose first and foremost is to get rid of those corrupt assholes, the politicians. The rest will get the boot as a natural consquence. The only problem is that this would have to happen almost “globally” IMO – otherwise we might just get “invaded” by those states that then see us as a risk !
    ;-)

  12. I’ll drink your chunky monkey enema if Muhammad (Robert???) Yunus ever sells Grameen bank. (He cannot sell it because it is owned by the borrowers.) Having said that Citigroup (and Credit Suisse) are all over Grameen Foundation’s board of Directors and capital flows into micro-finance institutions have almost dried up in the last three years.

  13. Financial Sense Newshour

    Nick (The ModernMystic) here has a 50 minute Audio of the FS link below :
    http://www.youtube.com/watch?v=lpk7SV39jwg

    http://www.financialsense.com/fsn/main.html

    So far – extremely good !
    Talks about the Debt-Slave Fiat system.

  14. @ Max – You say that fraud is now the US business model. I’m wondering if you can elaborate on that a little. What I mean: in one of your People & Power videos, you mentioned the plunge protection team, charged it with market manipulation, but then sort of shrugged your shoulders after commenting that the team has a history of getting involved in and manipulating markets. When you talk about fraud and manipulation now, do you mean to imply that it’s more pervasive than ever, or is it that similar to the CIA and torture, folks are just doing what they’ve always done, only now they are brazenly doing it all in the open?

  15. Mike/Liverpool

    M could you Cut & paste?
    FT will not let me in.
    Cheers
    Mike

  16. @ My fellow American peasants – Bill Moyers did another pretty good Journal last night on health care. He interviewed Wendell Potter, a former corporate communications executive for Cigna. Potter spilled quite a few industry secrets, and also publicly admitted that Michael Moore’s “Sicko” hit the nail on the head while describing how the insurance industry went about discrediting the film and threatening lawmakers (to prevent them from endorsing Moore’s film).

    It’s here:

    Part 1: http://www.pbs.org/moyers/journal/07102009/watch.html

    Part 2: http://www.pbs.org/moyers/journal/07102009/watch2.html

    Part 3: http://www.pbs.org/moyers/journal/07102009/watch3.html

  17. @Mike/Liverpool, here you go.
    From :
    http://www.ft.com/cms/s/0/81f3125a-6cae-11de-af56-00144feabdc0.html?ftcamp=rss&nclick_check=1
    ———————
    China attacks dollar’s dominance

    By George Parker and Guy Dinmore in L’Aquila, Krishna Guha in Washington and Justine Lau in Hong Kong

    Published: July 9 2009 19:03 | Last updated: July 9 2009 19:03

    China has launched its highest-profile criticism of the dominant role of the US dollar as a global reserve currency at a meeting of the world’s biggest economies.

    Dai Bingguo, Chinese state councillor, raised the issue on Thursday when he joined the leaders of four other emerging economies for talks with the leaders of the Group of Eight industrialised nations – including US President Barack Obama – in the earthquake-damaged Italian town of L’Aquila.

    The remarks, in front of Mr Obama, caused concern among western leaders, some of whom fear that even discussion of long-term currency issues could unsettle markets and undercut economic recovery.

    Gordon Brown, Britain’s prime minister, said he did not remember Mr Dai making the remarks. But he said the focus should be on moving the world out of recession.

    “We don’t want to give the impression that big change is around the corner and the present arrangements will be destabilised,” said Mr Brown.

    ”We should have a better system for reserve currency issuance and regulation, so that we can maintain relative stability of major reserve currencies exchange rates and promote a diversified and rational international reserve currency system,” said Mr Dai, according to the Chinese foreign ministry.

    While he did not name the dollar, Mr Dai was unequivocal in calling for the world to diversify the reserve currency system and aim at relatively stable exchange rates among leading currencies.

    The dollar weakened in subsequent trading, although it was difficult to tell whether this was due to the Chinese remarks or cross-currents in risk appetite and economic data.

    Analysts said Mr Dai’s comments – which follow earlier statements by the People’s Bank of China in March – appeared mostly political in nature. While China desires in the long run to move to a more multipolar global financial system, Chinese officials understand that there is no alternative to the dollar in the short term and may not be for many years.

    By faulting the dollar Beijing can express its displeasure at US policy and exert leverage over the US in general, including in the broad debate over the future governance of the international financial system.

    The challenge also serves as a shot across the bows for the US at a time when China is concerned about giant US government deficits and the Federal Reserve’s unorthodox monetary policy. Beijing wants the US to take seriously its obligation to sustain the value of China’s nearly $2,000bn in US Treasuries.

    Separately, Joseph Yam, chief executive of the Hong Kong Monetary Authority, said Hong Kong might consider diversifying more of its US$200bn reserves away from the US dollar.

    Mr Yam said he had an “open mind” as to whether the territory would invest its reserves in renminbi-denominated assets.

    “There may come a time in the future when we think that a small, modest exposure to the renminbi – notwithstanding it being a non-convertible currency still – may be something that we may pursue. But we don’t have any plans at this moment, any concrete plans,” said Mr Yam.

    “A bit of diversification won’t hurt us,” he added.

    Copyright The Financial Times Limited 2009

  18. Have no fear, economic stimulus WORKED AS PLANNED!

    .. (LOL)

    http://www.bloomberg.com/apps/news?pid=20601087&sid=amdQZKfEDVz8

  19. Hmmmm

    I found this interesting little article on Stockhouse about how we are entering a (crappy) 20 year phase of an 80 year cycle…
    It is based on a book called THE FOURTH TURNING…
    I read this book back in ’97 when it was published, and found it extremely enlightening…
    Lately I’ve been thinking about it and sure enough, it seems someone else has…
    http://www.stockhouse.com/Columnists/2009/Jul/11/Are-we-at-the-beginning-of-a-20-year-bear-market-

  20. Mike/Liverpool

    Thanks M
    Mike

  21. Max and Stacy,
    Either these people are unseated or we will revolt….remember 1869 and the hangings of bankers. As the unemployment climbs to 25 percent and beyond revolt will break out. It will come without warning……………and all will say,
    ” Who knew ? Who could have imagined ?

  22. Mike/Liverpool

    BIG Mac leaves London:-
    http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/5804940/McDonalds-quits-London-for-Geneva-over-tax-concerns.html

    This is down to the fact the CEO is American, thus has to pay tax back home. Blighty on the other hand ALSO demands he pays tax here……….thus he off.
    Mike

  23. Well the big question that now should be asked… who will be the new Hitler?

    Promises change… delivers fear and war… wondering who that might be…

  24. frances snoot
  25. Oh it’s “resonance fm”…Stacy it always sounds like you said “residents fm”…and I’ve been listening for almost a whole year!

  26. @ stacy

    I think you meant to say General Dostum.
    “Dost” by the way means friend and “Dostum” literally means “My friend” or “MY friend the Genral”

    I did some IT suport for some Afgan charities before the war, starting up girl schools and training and self employment programs for women (not that any reporters i ever talked would report that), and helping families of political prisoners living in Afganistan who faced the prospect of imprisonment and rape infront of their husbands in their own countries (also known as the “pro arab policy” in washington and isreal. But all of those foreign families we were invovled with were killed within the first months of the invasion, with targeted air strikes, any home of a foriegn resident and their afgan neighbour was a target, i knew of a jewish woman doctor who had moved to afganistan from the uk after becoming muslim who was also not spared.

  27. bill wadell

    A Note on auditing the Fed:
    The “audit the fed bill” is a waste of time……….
    Why…..because the people controlling the money supply who utilize the Federal Reserve as their spearhead organization are utilizing the Federal Reserve as a tool. They do not care if it is abolished.
    They want the Fed Reserve organization to be considered the “the bad guy” and will allow its dismantling to be a misdirected success for the people thinking they have finally gotten rid of the corrupt mafia organization. WHY YOU ASK?????
    Because…… the people of the world lack the understanding that the conglomerate controlling the money supply will be the same people to establish and control the “new improved” world currency organization whatever it is named.

    The US dollar and the Federal Reserve organization are tools for controlling currency. Both their replacements is not a concern to the money controlin conglomerate, in fact, it assists them. The money controlling entity WANTS them both (the dollar and FR) to be “retired” and misdirect the world into thinking that the “solution” organization and new currency(s) will solve the “crisis” The people will be unaware of the fact that the new will be run by the old and will result in the same money controlling entity mammoth conglomerate becoming exponentially more powerful than they already are.
    Like all the other financial “ponzi schemes” ….. this is no different.
    Abolishing the Fed assists them. Abolishing the conglomerate is the only thing that will work……..as Max has said……they need to prosecute and convict them all …..at the same time…..under RICO or forget it.

  28. frances snoot

    http://www.youtube.com/watch?v=N-TAjIA49Os&NR=1

    Web bot predictions: scary! but hopeful.

  29. Goldman is the Matrix

    Morpheus: The Matrix is everywhere. It is all around us. Even now, in this very room. You can see it when you look out your window or when you turn on your television. You can feel it when you go to work… when you go to church… when you pay your taxes. It is the world that has been pulled over your eyes to blind you from the truth.
    Neo: What truth?
    Morpheus: That you are a slave, Neo. Like everyone else you were born into bondage. Into a prison that you cannot taste or see or touch. A prison for your mind.

  30. Peter Campt

    Max, Stacy, I devour every bit of media you two put out. I don’t know why you’re working so hard at educating us, but I hope you keep it up.

  31. @Frances Snoot

    Food Riots in Italy and storming the Vatican???

    WOW… I hope I’m there for that… first place I’m hitting is the library before the mob burns it down….
    (which would be a disaster. I feel that the destruction of the library of Alexandria sent humanity back 500+ years)

    It reminds me of EARTH ABIDES, where the protagonist of the story was trying to impart the value of the written word in libraries to the NEW YOUTH and they had zero-interest except for his son (who later dies, tragically… the only glimmer of wisdom fading to black…)

    The COMEX collapsing July 15-22 ????
    Aug 22nd, Sept 26th
    hmmmm
    (I’m going back and listening to the whole show… wicked find Frances…this program makes Coast to Coast AM look like Cotton Candy made from Fiberglass , thx)

  32. @ Phil

    Excellent Audio by Karn.

    Hits a lot of points.
    Pretty much destroys the idea of a new currency any time soon.
    Pretty much destroys the idea that China is going to take over any time soon.

    Touches on the obvious problems with computer models.

    Touches on the next GS scam “Cap and Trade”.
    (We all know who will benefit here it will not be the environment or North American labor)

    Disagree with his take on the Banks

  33. Speaking of IOU’s there’s a very good movie, called IOUSA, showing the true size of the US debt, very easy to follow:

    http://www.iousathemovie.com/

  34. The “financial Tsunami” I feel is a bad analogy.
    This is like a financial cyclone/hurricane.

    2008 and 2010/11 will be the walls of it and 2009 the eye.
    And people better have something heavy to hold onto like gold otherwise they will get blown away

  35. These guys better go and get some plastic surgery to look like the joker pronto.

    Rail staff face ‘smile police’

    http://news.bbc.co.uk/2/hi/asia-pacific/8146078.stm

  36. @M & S
    great show as usual.
    ———————————————-
    I might as well post the disjointed, inane ramblings of a psychopath – Me
    (punch holes in the argument where applicable please):

    Whether it be right or wrong, do we really think we can reverse engineer the climate to our benefit? Will taxing the community make competition more competitive and more efficient or just create a bigger bureaucracy? Will carbon trading derivatives and insurance be the new weapons of financial mass destruction that blow up in the same punters faces that are most affected by the higher taxes?
    Will the yuppies of the next decade be environmental snobs? Will the new bubble see raging inflation that will burst in 2017 as the XAO approaches 10000 to make a nice 5 wave Elliott Wave (from 84 onwards) before the 3 wave retrace through 2017 – 2020?

    Give me competition and efficiency any day, not greater govt and stifled competition where the only competition in developed countries come from the financial products they produce while their mfg goes out the window and falls on the rural people of the world to move off the land and go to work in sweatshops in more polluting factories and transport chains.

    Rudd proposes a clean coal authority at G8, hasn’t he seen companies in Australia that are at the forefront of the technology and that are only just surviving until real projects come their way? Why create another govt body ripping taxpayers money off to do nothing productive? As an individual, the responbility is to yourself to get off the grid and the govt ledger as much and as soon as possible w/out huge effects on your standard of living and wealth in my opinion… because the govt will be taking great strides in destroying your wealth for you in the coming years.

    I’m all for making a difference, let the free market decide instead of taxing us more. Money that is taxed could be used for a family to spend on more efficient cars etc. saving them money in the long run. Carbon taxing is an agenda of the corporations, nothing to do with making a difference to the environment. I’m not against legislating for cleaner emissions etc, rather like the CFC model we used for the ozone hole, just totally against a govt that budgets for record deficits and then wants to impose further costs on us with carbon taxes.

    Pure govt manipulation (Fed, Freddie Mac et al) and the vested interests of lobby groups (Goldman Sachs, AIG et al) got us into this mess and propping them up and going into further debt at the expense of the taxpayer. No way known should a country of over 1 billion people growing at a slower rate of ~7% be a bad thing for the worlds economy unless the unproductive debtor nations such as US and UK and their banking sectors have the blessing and backing of govts to create financial weapons of mass destruction. I refer to the free market as trading among individuals on a free and fair basis – the real economy, not the portion of the economy that is run by the inflationistas – run and supported by govts – the fake economy. In a free market, the moral hazard and due diligence is the responsibility of an individual, not the responsibility of govt to print extra money and redistribute wealth to cover other peoples responsibilitites to themselves.

    Part of the reason why the US car makers are going down hill imo is because of US petrodollars. If the US had to adjust to higher petrol prices they would have adjusted by now like the rest of the world in making more efficient cars and perhaps been a world leader simply because of demand for the product. Instead they were arrogant and made bigger, boxier, petrol guzzling cars in many cases.

  37. Denninger — > In Video, For Your Education

    http://market-ticker.denninger.net/archives/1205-In-Video,-For-Your-Education.html

    Nice Video Summary.

  38. Sunday OT : Build your own UFO

    ( This is not a joke BTW )

    http://www.ufohowto.com/

    Demo of the principle :
    Townsend Brown Effect / Electro Gravity
    http://www.youtube.com/watch?v=IIq2N6ILGdo&feature=rec-HM-fresh+div

    I’m sure Mother Earth will be on to this soon !
    ;-)

  39. This was a superb episode. Thank you.

  40. @M,……Obama, stimulus has worked as intended:
    He’s speaking the truth, only it’s not how most think.

  41. Mr Supergeek

    Thanks for the show just about to download, running a bit late(it is birthday /party season after all)…Y’all carry on I’ll catch up later…..the bit I caught sounded good…as always looking forward to listening.

  42. Youri Carma

    Great stuff! Clear show, much apreciated Stacy’s explanation about this frontrunning in milli seconds cause not many people and journalist got to the bottem of it. I also suspected somthing like that but now I understand it much better,TnX!

    Simple defintion could be “Computer Latency based Skimming” cause computer program based would be to narrow cause the hardware is also important for the software to get through the pipelines as fast as they can. Algorithm is a nice word but in fact many computer programs are using algorithms. Sharpening, rendering a picture, in your photoshop program, for instance, is all based on computer software algorithms.

    Latency is in important word a lot used hardware geeks like myself to describe how fast your DDR RAM works indeed the time you place an order or put info in your computer RAM and the time the order is placed, the info gets out of your RAM.

    If you think outside the box for a moment about what they are exactly doing and are able to detect an order and go in front of it, maybe they even are capable of delaying that order behind them, who can tell?

    So, in contrary with the Terminator movies suggest with a future war with robots and all who want to take us over: It allready happened! Skynet is here and Robots have taken over the complete market.

    Todays drones still operated by human beings in the very near future will be completely led by computer progs. Humans are not needed anymore for production of anything.

    A saw a very nice Swedish telli series about this subject many years ago where a guy working on software for flesh cutting robots for the meat industry lives next to a guy wo works in that meat industry and loses his job because of his neighbour inventions.

    There are plans to reduce the population before 2050 with 90% (In fact they are allready bussy). Anne Clark – Sleeper In Metropolis (My Fav) http://tinyurl.com/cl449o

  43. frances snoot

    @BillWaddell:
    “Because…… the people of the world lack the understanding that the conglomerate controlling the money supply will be the same people to establish and control the “new improved” world currency organization whatever it is named.”

    Exactly.

    How does China fit into all this? Isn’t the Central Bank of China working for the best interest of BIS?

  44. frances snoot

    @Guiseppe:

    I didn’t predict that! Cliff High uses a web spider program and picks our key words that repeat and form architypes of unified understanding: sort of the thinking behind Mr. Hawking’s question about remembering the future. It is not 100% accurate, but can be an uncanny guide to trends or some events.

    As far as the Vatican, I wondered how the international bankers would allow the Vatican power and wealth to continue. Will they play nice-nice? I don’t think so.

    btw. I ‘ll be in the library before you get there! I agree: books aren’t evil. The US government had libraries and bookstores dispose of all children books published before 1984 due to the lead content:
    http://www.city-journal.org/2009/eon0212wo.html
    Isn’t that sickening?

    I don’t know, wouldn’t the wine cellar be a good place to start looting at the Vatican?

  45. Youri Carma

    @Mep

    The moto = “steal what you can steal before somebody next to you will”

  46. Richard@lattitude30N

    @Bill Wadell: agreed…What I always reflect upon is that when Moses confronted the Pharoah he didn’t say hey let me join your group ( after all he already was raised as nobility) ..Oh no, he took the opportunity, politely asked to be released, was granted said relief and split!!!! Now remember he then was chased!!! So if those in charge remain at the helm…so to speak…then the rest of the unwashed masses need to remove ourselves from their domain…Now how one does this is the $64 trillion question….obviously it’s going to be fiat currency on top of fiat currency until they make arrangements that the ratio between the value of the currency can exceed 100% of the populations ability to repay the deficit and/or trade imbalances( against all known sound accounting practices)….Among the G-8 member nations many are approaching 100%-200% as I write this….Here in the USA the $14 trillion annual GDP is burdened by a 4 to 1 long term debt ratio…when all the unfunded mandates are included….( Just this year’s $3.4 trillion budget and an additional Cap and Trade $2 trillion cost and the Health Care Act yet to be voted upon another $1.5 trillion clearly shows that the activity of ever showing any reasonable accountability has been thrown out the window…). P.Craig Roberts has long said that at no time in history has the US Treasury auctioned more than $500 billion in bonds in any given year…What on earth makes them think this year they can sell $2 trillion worth,,,and next year too?????????? The goal seems to be to BRING BACK CONSUMERISM….buy houses, cars, luxury items, etc…and allow the productive economy to follow ….most notable economists know this is faulty logic…So I’m with Moses….I personally don’t see the “geniuses” doing anything but prolonging an inevitable crash…be it localized or regionalized or per continent or wherever….They are not going to step aside….ie.: Berlusconi’s minting of a “eurodollar” as a prelude to future machinations ….As I have said before maybe Zarchosy will mint a “europound” next!!! HA!!!….Or Medvedev will mint a “rubleyuan”…or the IMF will create a RFID chipped gold bullion SDR backed currency…regardless, the basic productive economy is headed down the tubes….Maybe they think mining Mars is still the answer???? Hell they’ve about ruined GAIA…enuf ranting for now

  47. Youri Carma

    There was a guy here working at some bank who used the new round off rules of money transfered through the bank electonically to put on a other account. So, every round off penny like 0.1, 0.2, …0.4444 he put on his own account becomming rich very fast.

  48. Richard@lattitude30N

    the more I read everyone’s comments…the more we are aligned along the same train of thought…there are the bad guys and we (mostly) believe we are the good guys…all sending these digtized thoughts out into cyberspace..trying to link up with like minded folks….well we found each other…now ANY SOLUTIONS???

  49. Richard@lattitude30N

    @ Youri Carma: besides theft!!!!

  50. @Richard@lattitude30N…………………..now ANY SOLUTIONS???

    How about we all buy an island somewhere and build our own society. Like minded people work well together.

  51. Richard@lattitude30N

    @ Sharon: “Island living ”

    That idea crossed my mind in the early seventies…I actually believed that then VP Nelson Rockefeller was in the loop and also wanted out….the Micronesian Islands at that time seemed a joyous retreat spot….Since then I’ve lived in the Hawaiin Islands three times..attempting to live very primitively each time…..I had to have my health foods though….all imported from the Mainland of course…@lattitude 30N are two acres my small nuclear family and I retreated to in the 80′s recession here in FLA…we were hounded by local authorities continuously…..of course we were homeschoolers and counter cultural horticulturalists then…and I suspect the locals will not be enlightened at your island location ( see THE BEACH-starred Leonardo Decaprio)….good thinking though…

  52. @Sharon,……..You’ll just be considered a rogue nation!

  53. frances snoot

    @Youri:
    What a cool video! Sleeper in Metropolis! Isn’t this what is happening in Afghanistan and Pakistan right now: innocent people getting destroyed by a system gone haywire?

  54. Richard@lattitude30N

    @Dedo: “rogue nation”

    That we are….yet are we destined to remain so only in our minds/hearts??? In the USA the Utopian movements are many and span out since the inception of this nation…Actually the Pilgrims were from Boston, England and there are the Puritans of old, the Quakers, Menonites, the Mormons…ad infinitum…in the 60′s was the Back to the Land Movement and on and on…But truth be told you are correct..

  55. Youri Carma

    @Richard@lattitude30N

    Solutions; Mark my words, mark my words if this is not done, the country will go down! http://tinyurl.com/m434wg

  56. @ Dedo & Richard……………I can dream can’t I?
    I know, you’re right; it’s not that easy and God forbid we should be able to succeed outside the system. I still intend to try though (if I can sell my house). I’m thinking of moving to an off-grid eco village that I hope will contain like-minded people. I guess it will need to be sufficiently far away from any metropolis so that when people become hungry they’ll have a long way to travel before they can steal our food. Sounds selfish? I guess it does but then I can’t be responsible for people who refuse to wake up to what is going on and consequently take some actiion to make it right. I’ve kind of given up on that having tried for so long and failed. Now all I can do is look after me and mine. I’ll help anyone who is willing to be helped but they don’t seem to want that at the moment.

  57. MasterSlave

    Stacy & MAX
    Great show!!! This was a AH AH eye opening show for me
    Thanks for all you are doing… Keep on Fighting, and

    OFF WITH THERE HEADS!!!!

  58. Youri Carma

    @frances snoot

    Yep cool vid & music Anne Clark – Sleeper in Metropolis Originally released in 1984 and then reissued in 1997.

    In Afghanistan they deleberately bomb ordinary people with drones still flown on distant “wire” nothing more like the small radio controlled model plains with a technological upgrade of computer software and 3D imaging.

    Irak but also Afghanistan is used to test out very new weapon available like new cruise missiles or Magnetron weapons to fry the public. New sound frequency weapons you name it….

    Now they pay Iraq “Hajis” to spread Electonic CHIPS on which a bomb can be guided among the popultaion! They don’t care for human live theirs way to much of us anyways in their opinion. We’re insignifigant like Anne Clark describes in her song.

  59. I agree with what you guys are saying, but if you listen to the RBN clips Frances posted, it sort of give you and idea of why the internet was given to the masses?!!

  60. Ingvend Storrs

    Max, you don’t seem to understand what the words, ‘genocide’ and ‘racism’ mean. Rather, you have a mere meme for definition created out of the Consensus Reality of our era. The fact that members of G-8 countries exercise abusive economic policies towards Third World countries, does not make for genocide, it just means that they don’t give a good goddamn about people of Third World countries. What they want are the country’s resources, and to hell with the people.

  61. Youri Carma

    @Ingvend Storrs

    Mass murder, regardless which way comitted, on a organized scale = genocide

  62. frances snoot

    @Youri:
    One must step aside and not aide nor encourage in any way by any means the war machine eminating out of the US. It is unconscionable. People are going along with the killing by “supporting our troops” and spreading hate about Islam here. Did you ever hear of the prophecies of Albert Pike concerning three world wars? Pike was a 33 degree Mason. Here’s a link:
    http://www.angelfire.com/music2/fullcircle/Pike_Three.pdf

    Personally, I don’t think the Web Bot guy’s predictions will come to pass. The elite will not lose power. The war card is the next card down, and perhaps the plague card as well. The plans have been in place for centuries.

  63. @Frances,……I agree, and all this goading to make revolt is also part of the plan.

  64. Youri Carma

    @frances snoot

    Well the big problem is that that Wall Street & the Corperate Warmachine are the real descionmakers in U.S. Politics togheter with the (Virus) Medicine Industry which are eugenicits.

    It has become profitable to make wage war and spread virsusses cause the revenues are gigantice for those who are in this bussiness. Remember the U.S. Army burning of brand new trucks for a flat tire cause they could order a new one. If you’ve got share in this compagny, like they clearly had, it becomes profitable to destroy.

    As long as this murdering and pillaging power is in order nothing will change. Auditing the FED is a very good beginning but certainly not the end.

  65. @Youri,…….If I poked you with a stick, how would you react ? Or how would I expect you to react, that is the real question !,….maybe

  66. Youri Carma

    @Dedo

    Well like….(Watch Clip) http://tinyurl.com/8mbqlo

  67. white hunter

    William S. Burroughs wrote that freedom is only possible in smaller communities of like minded people.

  68. @Youri,….LOL,…..my point exacty,…poor guy wasn’t expecting that move !!

  69. frances snoot

    @Youri:
    You don’t think the Fed audit is coerced through BIS?

    btw: nice kitty kitty: I’m watching that one again.

  70. Youri Carma

    @frances snoot

    Yep, BIS together with the Worldbank, IMF are the main vessel of the New World Order. That’s why some uf us think maybe the FED could step over on the IMF vessel and leave the FED as a burning ship for the American taxpayer left behind.

    MUST SEE!: DOCU Vid – BIS and Banking with Hitler http://tinyurl.com/2zflcd

  71. @ Youri………….re: Afghanistan.

    You may already know this but I thought it worth mentioning as I rarely hear these facts:-
    When the Russians invaded Afghanistan the US & UK were not happy as they did not want the Russians to benefit from colonising that land. So they trained Osama bin Laden and arranged for him to head up the Mujahdeen and lead them into battle against the Russians who, believe it or not, had begun building schools over there. The Russians lost and the Mujahadeen stayed in Afghanistan becoming what was later known as the Taliban. They began to build schools and universities to which girls.women were welcome but they also reduced the opium supply. Enter the US & UK in what is now an 8 year war in which many civilians have died. So, how ironic that we are fighting the very people we put there to fight for us.
    What a joke! Except that it just ain’t funny!

  72. Youri Carma

    @frances snoot

    Actually it;s exactly that what the Bernanke & Brotherhood in crime and Co. are saying. If you gonna audit the FED we burn the ship. They step over on the Worldbank, IMF vessel and burn the FED.

    They want to step over anyways but not yet!

  73. @Sharon,……What I don’t get is,…I heard that the Ruskies were funded by the west during the cold war,.same as china,……Huh!!

  74. somethings a bit fishy,.!!

  75. Youri Carma

    @sharon

    That’s exactly how it went. The Taliban even had been flown to “safety” to the Pakistan borders by the U.S. Air force in C-130 freight t plains just before the Afghanistan invasion.

    Mullah’s in Iran were helped in power by the CIA and are now attacked by this same CIA. Bin Laden, Saddam Hussein, Lee Harvey Oswald all CIA assets to betray or use.

  76. frances snoot

    @Youri:
    The American ship hit an iceberg in October 2008. It is sinking, irregardless. The Fed debacle is akin to lighting a fire in the engine room of the sinking ship. The Fed has controlled the economic implosion rate and buys securities and US Treasuries: when the Fed stops the lights go out.

    The Americans will wake up when they hit the cold water and realize that the banksters/corporate elite have left for Asia with the life boats.:)

    As far as the Fed audit: I hate to help the BIS out with taxpayer money, but the Big Boys will extort it anyway…I just don’t want to march behind flag-wavers who have no alternative currency plan in order. How can they believe giving the powers to the Treasury will help their game?

  77. @ Dedo………………..What I don’t get is,…I heard that the Ruskies were funded by the west during the cold war,.same as china,……Huh!!

    It’s those pesky International bankers. They always fund both sides. It was they who brought about the Bolshevik revolution and they who sponsored Hitler. They were involved in the French revolution and the battle of Waterloo (Napolean and Wellington). I’m sure they’re involved with China as well. Many years ago an MP stood up in the houses of Parliament and said something along the lines of: “Wherever there is war, destruction or mass theivery you can bet that there is a hook-nosed Rothschild somewhere nearby.”
    Do you remember Aaron Russo? Big time director who made ‘America – Freedom to Fascism’ He told of how he was befriended by one of the Rockerfellers who told him there would be a war in Afghanistan (few years before 2001) and that the real reason was to protect a pipeline. It’s just pure greed and control freakery. They’re all inbred basket cases!

  78. frances snoot

    @Dedo:
    All part of Brezinzki’s great plan. Here’s a quote:

    http://www.globalresearch.ca/articles/BRZ110A.html
    (interview with Brezinzki)
    Q: And neither do you regret having supported the Islamic fundamentalism, having given arms and advice to future terrorists?

    B: What is most important to the history of the world? The Taliban or the collapse of the Soviet empire? Some stirred-up Moslems or the liberation of Central Europe and the end of the cold war?

    Q: Some stirred-up Moslems? But it has been said and repeated Islamic fundamentalism represents a world menace today.

    B: Nonsense! It is said that the West had a global policy in regard to Islam. That is stupid. There isn’t a global Islam. Look at Islam in a rational manner and without demagoguery or emotion. It is the leading religion of the world with 1.5 billion followers. But what is there in common among Saudi Arabian fundamentalism, moderate Morocco, Pakistan militarism, Egyptian pro-Western or Central Asian secularism? Nothing more than what unites the Christian countries.

    @Sharon: well done!

    The destablization of Afghanistan and Iran (future) is part of Brezinzki’s grand chessboard ambitions: control of Eurasia.

  79. frances snoot

    @Sharon:
    By ‘they’ I assume you mean the bondholders of the international banks that did the funding.

  80. @ frances………………By ‘they’ I assume you mean the bondholders of the international banks that did the funding.

    Back in the day it was the Rothschild clan and various others – I generally call them the Nazis or Robber Barons. I guess today it would be them and other directors of the Bank of England et al, including the Dutch heirarchy. Funnily enough I was looking through some details of the Hasburgh empire recently and I remembered that my ex (father of my children) had ancestors who were aristocrats within Austrian society (even had their own coat of arms) and when I was looking through some names of those within the Hasburgh empire lo and behold there was my children’s ancestor, right under Rothschild. Wonder if I can use that to my advantage when they start rounding us up…ha, ha.

  81. frances snoot

    @Sharon:
    Good Lord! Are you a blue-blood? LOL!

  82. @ Frances………lol. No but my children might be.

  83. @Phil

    Start with STRAY DOGS by John N. Gray. Its like reading a hand grenade with wine and cheese.

    thx

    pl

  84. @PL … did you mean “StraW Dogs” ?

    Straw Dogs: Thoughts on Humans and Other Animals (Taschenbuch)
    von John Gray (Autor)

  85. @PL …. ” John Gray’s Straw Dogs attempts to present a world view in which humans are not central and which argues against the humanist belief in progress. The heart of the book is summed up in the idea that modern humanists have still not come to terms with Darwin, still not come to terms with the idea that humans are like other animals. Christians and modern humanists in the Platonic-Cartesian tradition typically think of humans enjoying a special relationship to God, or a special status in nature in a way that other animals do not. Even the great debunkers–philosophers such as Nietzsche, Wittgenstein and Heidegger–end up making human beings the centre of things or the end point of some world-historical process. By contrast, in a Taoist, Shinto, Hindu or animist culture Darwin’s discovery would have been easily accommodated since these faiths see humans and other animals as kin. ”

    Surprise Surprise !
    I bought a book in 2001 about the same topic … the (German) author won the 1999 Booker prize.

    The Lives of Animals
    J.M.Coetzee

    A very short book … but hits the point IIRC.
    Talks about the egoism of humans in not respecting that animals also have lives ( and souls ).

    Actually , this subject is very dear to me.
    Humans conveniently define their “own” intelligence e.g. Mensa & Co. and assume there is no ther “sort” . The mistreatment of anything that doesn’t adhere to their own definition is disgusting.
    Just imagine if Aliens landed and told us “you are stupid beings, we’ll just blow up your planet” ( Hitch Hiker’s Guide … LOL ). Now what would these mensarians say to that ?

    Our “own” definition of intelligence is a somewhat “mechanical” intelligence .. and doesn’t allow for anything outside the realms of logical and physical determination IMO.

    etc. etc. … I’ll stop here .. .as I could g on for hours .
    ;-)

  86. Richard@lattitude30N

    @Sharon: yes.Sharon..you may dream…But if I get esoteric and say that maybe the mythical civilizations Lemuria and Mu were such places and if they did exist than one might say you are channeling that reality….Much like the patriarchal and matriarchal forms of culture at variance as in the books of Robert Anton Wilson ( where I first heard the word Illuminati as in the title to his book The Illuminati Trilogy )….just maybe apart from this still embryonic form of neo-fascism there is a way out….also much like James Redfield’s books ( Celestine Prophecy, Shambala, etc…) ….a place where sanity for humans resides….a physical place…so Sharon dream on and take us with you when you go to that eco-off grid rural village..

  87. frances snoot

    “Our “own” definition of intelligence is a somewhat “mechanical” intelligence .. and doesn’t allow for anything outside the realms of logical and physical determination IMO.”
    @Phil:

    So you agree a lot of scientists (mainly male) are pompous egoists? The system set up to coddle the eggheads to maturity and further more pompous postulations?

    Scientists used to be cool and dabble in alchemy and hide their findings in closets while sipping out of beakers. Now they are befuddled servants of the state. See:
    http://www.wired.com/wiredscience/2008/04/sorry-absinthe/

  88. This is one of the most important shows you’ve done. It lines up with everyone from Catherine Fitts to Cliff High and George Ure’s WebBot project, where: info will come out that will prove the markets are rigged!!

    How can anyone invest in these criminals? Stop the abuse pull your money, credit, stock out of these Wall Street Bankster Gangster / FedGov.Inc firms!. Invest in locally owned and operated institutions. Find a farmer and do a direct local investment. You don’t support the criminal behavior and the abuse by doing business of any kind with be tapeworms that’s sucking us dry!!

  89. Ingvend Storrs

    @Youri Carma

    In the world of Mental Oatmeal, what you say is true. In the real, complex world, not true. Sloppy terminologies rise from sloppy thinking.

  90. Investigative journalist Wayne Madsen in the US claims American intelligence sent Afghan mercenaries into Iraq, in order to attack the country’s civilians and military personnel.

    http://www.youtube.com/watch?v=2licF3t49zc

  91. Wanted to comment about the negative 0.25% interest rate in Sweden, which Max mentions. This is not true. No one in Sweden has a negative rate on their a vista account (salary account is like +0.25% and savings account is like +0.95%). I would remove my money from the banks if that would be the case, and tell my boss to pay my salary in cash :) . The negative rate is ONLY what the central bank (Riksbank) is taking in excess money from the commercial banks at over night. They basically says they don’t want it and try to force the banks to lend to each other instead. I don’t know where this idea that citizens in Sweden has a negative rate in their accounts came from? Well it is not true and it will never be true, because banks will have to pay more to lend from the central bank over night (+0.75% over night) and will rather lend from people, so that rate will be some were between 0%-0.75%. Which is not much but not negative (in nominal terms), and in addition there would be a run on the banks if rates for people went negative. But I suspect it will end bad anyway… :/