Backroom deals and bogus returns

Stacy Summary:  Good morning @all!!   I’ve been balancing California’s budget this morning thanks to @Veritas you can too right here.

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65 Responses to Backroom deals and bogus returns

  1. Mike2liverpool

    Am depressed, down, very, very down
    Mike

  2. Mr Supergeek

    #2
    Here you go Mike I was saving this for your birthday…listen and dream….

    http://www.youtube.com/watch?v=Lh-sihAXoK8

  3. @Mike I’ll sell the pounds I have today..

  4. Teaser time teaser time teaser time!!! C’mon!! :D

  5. Dick Cheney receives indefinite Secret Service protection from Obama (Jee, thanks Obama for protecting Lord Cheney)
    http://politicalticker.blogs.cnn.com/2009/07/21/cheneys-secret-service-protection-extended/

  6. @Mr Supergeek
    I don’t know it worked for Mike, but I enjoyed that a lot. thanks
    epha

  7. Amandip Singh

    This is not related to today’s news posts but interesting to watch

    I dont know why MSM is so keen to prove that Bernanke is our saviour. Here is an interview with Jim Rogers, where in first few minutes presenter ask him, if he thinks about his view about Bernanke after Bloomberg Survey Data.

    What you guys think of this,

    http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/v7MZ7GVwp_sc.asf

  8. Max, Stacy

    Already seen RIP: A Remix Manifesto?

    Here’s the link:

    http://www.opensourcecinema.org/book/rip-remix-manifesto-1-meet-girl-talk

    I promise you it will be worth your while

  9. snoop diddy

    AS an inspiration to banksters everywhere, their revolutionary leader Bernanke.
    I hope this works, try this link to see Bernanke as Che Gueverra:
    Vive la Fed, Vive la Goldman, Vive la Inflation
    http://s305.photobucket.com/albums/nn220/fixator/?action=view&current=vivelainflationcopy.jpg

  10. ha thats gold snoop

  11. snoop diddy

    @alister, thanks, glad the link works :-)

  12. snoop diddy

    Congreesional hearing of Bernanke.
    Alan Grayson: “Which Foreigners Got the Fed’s $500,000,000,000?” Bernanke: “I Don’t Know.”
    http://www.youtube.com/watch?v=n0NYBTkE1yQ&feature=player_embedded

    Apologies if this has been posted earlier.

  13. Of course when it comes to bailing out citizens in an emergency there should be strict application of the paygo rule (pay only if you have money)…She should be tried for treason along with the other GS puppets. Having patience with psychopats = Reckless stupidity

    http://www.youtube.com/watch?v=R_xnUVrJx1I

  14. Did anyone see Newsnight last night where they were talking about usary? Here’s the link to the program (note: the usary bit comes in at 22 minutes):-

    http://www.bbc.co.uk/iplayer/episode/b00lvg6r/Newsnight_22_07_2009/

  15. @Snoop,……Seems like it’s just a big game for these guys, bit like watching the House of Commons,….or a wrestling match !

  16. snoop diddy

    @Mother Earth,
    scary stuff, the comments are on that vid are worth reading too.
    Chavez actually offered more help to Katrina victims than the US govt but of course it was refused. Bush turned up with a generator and a few lights for the press conference, packed it all up and went back to the White House. That was from Greg Palast’s ‘Armed Madhouse’ which is worth a read.

  17. BTW there was a post put on here recently re: swine flu/vaccine written by Catherine Austin Fitts in which she states what she believes is the state of play. Thank you to who ever posted it but I get the feeling that it wasn’t really checked out because otherwise people would have commented on it given its content. Just in case, here it is:-

    http://solari.com/blog/?p=3532#comments

    Catherine Austin Fitts: “I believe one of the goals of the swine flu vaccine is depopulation. Perhaps it is the goal of a swine flu epidemic as well, whether bio-warfare or hype around a flu season.

    These days, I keep remembering my sense of urgency leaving the Bush Administration in 1991. We had to do something to turn around the economy and gather real assets behind retirement plans and the social safety net. If not, Americans could find themselves deeply out on a limb. I felt my family and friends were in danger. They did not share my concern. They had a deep faith in the system.

    As my efforts to find ways of reengineering government investment in communities failed to win political support, Washington and Wall Street moved forward with a debt bubble and globalization that was horrifying in its implications for humanity.

    Overwhelmed by what was happening, I estimated the end result. My simple calculations guessed that we were going to achieve economic sustainability on Earth by depopulating down to a population of approximately 500 million people from our then current global population of 6 billion. I was a portfolio strategist used to looking at numbers from a very high level. Those around me could not fathom how all the different threads I was integrating could lead to such a conclusion. To me, we had to have radical change in how we governed resources or depopulate. It was a mathematical result.

    A year later, in 1999, a very capable investment and portfolio strategist asked me if he could come have a private lunch with me in Washington. We sat in a posh restaurant across from the Capitol. He said quietly that he had calculated out where the derivatives and debt bubble combined with globalization were going. The only logical conclusion he could reach was that significant depopulation was going to occur. He said his estimates led to an approximate population of 500 million. I said very quietly, “that’s my estimate too.” I will never forget the look of sadness that crossed his face. I was amazed to find someone else who understood.

    It turns out that we were not alone. Sir James Goldsmith had warned of the consequences of GATT in 1994. He described the process under way, involving the loss of land and livelihood for 3 billion people, ……….”

  18. @Snoop Yes, how deranged does someone need to be to make light of a tsunami that killed ~261.000 people? If that isn’t an emergency then what is? Or where that a ‘less important’ type of people ? Are the republicans (note als Pat Buchanan) stoking racial tensions in order to get the chaos they need to install the police state ?

  19. @sharon
    That would have been me. Shocking isn’t it? Especially from Catherine Austin Fitts who I think we ALL here respect…

  20. anything but green

    Corporate raider flipped, wrote “The Trap” and suddenly developed one of those rapid cancers. Finale.

    Free Trade: Sir James Goldsmith US Senate Speech Nov. 15 1994 Part 1 of 3
    http://www.youtube.com/watch?v=maouTP8vTO0&feature=related

  21. @snoop diddy

    Can’t post that video enough times.

    Must get Max to wear that tie!

    Bernanke is developing a conditioned reflect to wet himself every time Grayson enters the room.

  22. snoop diddy

    @Dedo,
    yep, they might as well be selling tickets, for all the good it’s going to do.

    @Mother Earth,
    yeah, we all know why people dont want the poor to have health care and why the response to the Katrina disaster was so feeble.

    I think Stacy, a few weeks ago was talking about a rhetorical situation where Cheney made a comeback, and no doubt it would be on the backs of Republicans like that as a fiscal conservative. They all crap on as if taxing the rich like anyone else is taxed is a crime against humanity.

    And in depressions etc, I’m not in favour of taxing businesses a lot more all of a sudden but there is a clear case where billionaires are simply not putting back into society what they took out. And the war between billionaires and millionaires like Max and Stacy have talked about where billionaires lock up all their money in assets and hoard the rest, only spending like millionaires and they’re still taxed like millionaires or not even that much because of their position as lobby group or whatever.

    Like anything diversity is the key. If there were more millionaires spread throughout a sector than a central body of billionaires, society would probably be a lot better off imo. And having said that I’m not anti billionaire either, but they obviously have a lot more sway in corrupting an economy and politics.

  23. whoops I mean ‘reflex’

  24. Las Vegas in Spain.
    They are just not gonna learn are they!?

    http://news.bbc.co.uk/2/hi/europe/8158695.stm

  25. Mike Ruppert – CIA – tears apart 9-11 part 1 of 15

    http://www.youtube.com/watch?v=jiDX6UQl2no

    Just dropped by to ask if anyone has already watched this ?
    All 15 parts.

    There’s a clip of Catherine Austin-Fitts included.

    Amazing stuff …. and people (MSM) still talk about “what to do” as if Rupprt’s video doesn’t even exist.

  26. anything but green

    @ Phil

    Mike Ruppert is one of the most obvious, embarrassing gatekeepers out there.

    Keep questioning and you’ll figure it out.

  27. @ Phil
    Yup, I’ve seen it. He’s got a new film coming out shortly called ‘Collapse” you know but I suppose, like myself, you’re a regular viewer of his website.
    Webster Tarpley’s presentation on 911 is excellent too..

    Vigilant Guardian…

  28. anything but green

    Apart from promoting the peak oil scam, Ruppert was placed to suppress stuff like this:

    http://www.youtube.com/watch?v=qbYAV5fCGiM

  29. Will you Spend Currency and Save Gold?

    http://fofoa.blogspot.com/2009/07/bondage-or-freegold.html

  30. @ Danny…………………That would have been me. Shocking isn’t it? Especially from Catherine Austin Fitts who I think we ALL here respect…

    I must admit that it freaked me out a bit because she doesn’t come across as over dramatic so did take it at face value and assumed that she would know given her involvment in government and the contacts she has. I just hope that enough people click onto this and refuse the vaccine, if there are enough refusing to take it then it will be hard for any mandatory program to succeed.
    I am getting worried now because of the times we are living in and the fact that everything seems to be speeding up to some sort of scenario – a ‘quickening’ if you like. Still trying to get out of the big city before the shtf which could be in a matter of months imho, although it’ll be lack of food on the table that’ll really do it. I think we’ll then be able to tell the men from the boys so to speak.

  31. @abg

    do you think the phenomenon of ‘peak oil’ is a fallacy?
    …not correct?

  32. snoop diddy

    @Mother Earth,
    RE; cars and alternative energy.
    There’s also an emerging technology using part hydrogen, part methane (hythane) for internal combustion engines which doesnt need too many tweaks on the engine apparently. They’re also looking into part diesel/part hydrogen. The target market is places like in India that are off the grid where diesel generators are used for elctricity without huge costs for refitting. But, will they ever see the light of the day and the infrastructure to support them is another question.

  33. @Veritas

    Thats definately a WTF moment! Whats this media bill all about?

  34. US president says we should take the blue pill, not the red pill:-

    http://www.youtube.com/watch?v=HNLp0GRPJt4

  35. anything but green

    @ alister

    Yes. While the net’s still free, this info is easy to research.

    http://www.gasresources.net/Lynch(Hubbert-Deffeyes).htm

    Quote from link below:
     
    As the “peak oil” scam moved from the boardrooms of ExxonMobil, British-Petroleum, and Royal Dutch Shell (where it was conceived) to the Big Oil-controlled scientific community; then into the alternative press (where it was peddled by people like Mike Ruppert), and finally into the mainstream media, we need to realize what is actually taking place with this phenomenon. After being inundated with a slew of gloom-and-doom scenarios like those proposed in James Howard Kunstler’s The Long Emergency, or after listening to Ruppert’s feeble reasoning for why we need a “population reduction” plan that falls right in line with Rockefeller-style eugenics, it is imperative that we peer through the propaganda and see the true motives for these “peak oil” fear tactics.
    http://www.wingtv.net/peakoilscam.html

    (Rather like “abg”. Thanks.)

  36. snoop diddy

    @sharon,
    that’s funny, I hadn’t seen that Obama clip.
    I wonder what happens if you take both pills?
    You end up as a Fed chairman?

  37. THE GRANDCHILDREN OF HOLOCAUST SURVIVORS FROM WORLD WAR II ARE DOING TO THE PALESTINIANS EXACTLY WHAT WAS DONE TO THEM BY NAZI GERMANY…

    http://goldismoney.info/forums/showthread.php?t=340498

    Scroll down a little but I warn you these pictures are not for the faint hearted. Don’t think I’ve ever seen anything so awful!

  38. …………And don’t forget..it was the ptb that obtained Israel – these are the people running the show!

  39. @Danny

    http://www.cctv.com/program/newshour/20090723/106138.shtml

    I’ve got $10 on the little guy, something tells me I’m gonna win.

  40. Re; California’s budget.

    Oregon and California are entering into fire season. So far,nothing big has sprung but can you imagine if another Biscuit Fire hits California this year? I mean, who would want to fly all the way from Australia and up from Mexico or out from Idaho to help fight a huge fire for an IOU?
    http://en.wikipedia.org/wiki/Biscuit_Fire

  41. snoop diddy

    @sharon,
    thanks for posting, horrific stuff which words can’t describe.
    So many different interests with no intention of helping the Palestinians, it makes me sick. How has it been able to go on for so long and escalate all that time? And Israel knows damn well it won’t be attacked by surrounding countries, whether nuclear or conventional, as the toll on the Palestinians would be so high. And all the Palestinians have ever gotten is the conquered land that was formerly parts of Jordan and Egypt.
    Dreaming of a day the whole area is at peace, but like you say the powers that be have been running the show.

  42. snoop diddy

    and btw, Glaxo, your billion pounds from the swine flu vaccination wont include any of my money.

  43. Youri Carma

    New York City

    Earnings got a lift from FEDERAL BAILOUT FUNDS, FALLING INTEREST RATES , rising trading profits because of HARSH MARK_TO_MARKET RULES WERE EASED.

    “Expected city to lose a total 328,000 jobs in the downturn. That would top the cuts seen in the early 2000s.”

    “Prices for condos expected to fall 44% from the 2008 first quarter to the fourth quarter of 2010.”

    “Still, the steep decline in Manhattan office rents, which already exceeds the mayor’s forecasts for this year by around $5 per square foot, reflects the “retrenchment” on Wall Street as well as at media companies and law firms, the report said.”

    “Echoing another fiscal monitor, the state Financial Control Board, DiNapoli forecast that the city’s budget gap will be about $1 billion more than the mayor’s estimated in fiscal 2011.”

    From: NY securities firms may beat mayor’s loss forecast http://tinyurl.com/mczj3r

  44. snoop diddy

    I think CSL, the same Australian company which made the Papilloma virus vaccination for prevention of cervical cancer is doing the work for Glaxo on the H1N1 vaccine.

  45. juergenwahl

    While major markets appear to have effected a simultaneous bottoming,

    http://stockcharts.com/charts/performance/perf.html?$SPX,$FTSE,$CAC,$DAX,$NIKK,$SSEC

    the real economy is still suffering from anaemia.

    It should be noted that Real Gross Domestic Investment and Gross Domestic Product have a very strong correlation coefficient of 0.82:

    http://www.bsu.edu/ibb/US/i00.htm.

    A plummeting GDI can only precurse a GDP in trouble. And a lousy GDP gives rise to abysmal profits, challenged dividends, and tanking equities.

    The US stock market (a good proxy for all global markets) appears to be rising upon speculative merits, only. Fundamentals are the worst I’ve seen in a somewhat involved career. The US has fully entered the notorious, Banana Republic Club. This game of smoke and mirrors can last only as long as the dollar charade is tolerated by long-suffering creditors. When – not if – the dollar breaks to new lows, this post-Bretton Woods era will be oficially declared a victim of homicide.

    And the murders with the bloodiest hands will be the ones in charge to fashion the latest fashion in shackles for the producers of the world.

    And now a depressing song with a hint of a better future by a finite individual who cannot comprehend the infinite:

    “CAN LOVE SAVE THE WORLD?”
    by Humore sans Mirth

    There is utter desperation
    As the years go fading by.
    Will the snows fall in December?
    Will the birds know how to fly?
    We are caught in days of bondage
    And our lives are not our own,
    As we trudge across the wastelands
    Of our muffled monotones.

    There is history for tomorrow -
    There is future for the past.
    There is honor for the first one -
    There is nothing for the last.
    And we think about salvation
    As if all the time we had
    Was meant for another day.
    Is there something yet to say?

    Sense the pulsing gloom of silence
    Near the tombs where old friends lie.
    Feel the burning of existence
    Cool away and let us die.
    Can the love that we have save us,
    Can it keep us from our fears
    Of an endless solitude?
    Can it last a thousand years?

  46. @Phil

    Thanks for that (Mike Ruppert / CIA 911)!
    I thought I had seen it all.
    This is some heavy, heavy stuff. Really fits the pieces together.

  47. frances snoot

    @Juergenwahl

    Can you comprehend the infinite?

  48. frances snoot

    To Juergenwahl:
    Infinate love:

    I’m bewitched by a girl named Sophia
    With a nose like a full-blown balloon
    And her barbarous teeth are a jagged saw
    That glint by the light of the moon!

    What shall I do?
    What shall I do?
    Enchanting Sophia, I’m mad about you!

    All day long and at night she sits watching
    On her balcony over the lane
    Like a harpy she sits and she waits for me
    I tell you she drives me insane!

    What shall I do?
    What shall I do?
    Enchanting Sophia, I’m mad about you!

  49. Youri Carma

    MSM: Interview With Epidemiologist Tom Jefferson http://bit.ly/f7Ynm

  50. Youri Carma

    “The rating agency, which recently changed its criteria for large numbers of bonds backed by loans for shopping malls, office towers and other commercial property, UPGRADED BONDS TO TRIPLE A JUST DAYS AFTER THOSE SAME BONDS HAD BEEN SHARPLY DOWNGRADED.”

    FROM: S&P flip-flop sows confusion in CMBS market: Rating agency upgraded securities to triple A just days after those.. http://bit.ly/XWJEf

  51. I rather liked the idea of California operating its own bank. But then, that’s too simple really, (..rebuilding credit with compound interest like a private institution) …isn’t it?

  52. juergenwahl

    @ frances snoot

    I am also enchanted about our infinite Sophia. Nice song.

    However, my comprehension is very limited. As an electron cannot comprehend its atom; and an atom cannot comprehend its molecule, etc. – I can hardly comprehend the process of getting out of bed in the morning, much less the mysterious workings of everyday things.

    However, one does not have to possess infinite comprehension to have a satisfactory life. In the late singer, Rudy Vallee’s biography, he stated that he and his wife of 21 years consumed AN ENTIRE CASE OF GALLO’S VERY DRY SHERRY EACH AND EVERY DAY! This gave him almost infinite happiness. He considered this a healthy measure which replaced his imbibing a QUART OF VODKA EVERY DAY!

    So, while my poison is usually some form of tea and collecting ancient phonograph records (cylinders and Berliner discs) rather than vast quantities of alcohol, one does not have to seek perfect knowledge – or anything approaching perfect, for that matter – to live a valued and productive life.

    Although, every Friday night I do search in vain, so far, for the perfect Martini!

    And regards.

  53. @juergenwahl
    They use to be play on different strings now there is just one vibration. All the economies are the same they have the same algorithmic twang … o dear maybe everything getting old. and past it just bad vibrations,..lol

    http://www.youtube.com/watch?v=KLIe4HNii4Q

  54. Hey Max & Stacy,

    A couple people here have mentioned Mike Rupert. He is a pretty famous guy. Why don’t you guys interview him?

  55. It’s unbelievable how little California’s problems have been covered in the big news media. I mean, this is huge if the worlds 8′th biggest economy is on the verge of defaulting.

  56. @bronxy – yeah I think it either means they are just trying to focus on ‘green shoots’ stories or they reckon that the federal govt will bail out california

  57. Mr Supergeek
  58. juergenwahl

    @ Fibon11235 (A)

    @ Mr Supergeek (B)

    (A) Thanks. The Beach Boys “Good Vibrations” album was one of the most important happenings in pop music history. It is amazing that this group actually started out playing Fender “Jazzmaster” guitars – really awful things – before they switched to more versatile instruments, thanks to the influence of the always fascinating, Jimmy Hendrix. (My personal fave instrument is a vintage, “D hole,” Selmer Maccaferri.)

    While not of the same caliber of said supergroup, I have personally witnessed the following band in vivo and have seldom experienced such dynamism and electricity in a group. The following performance was a smash hit in Germany around ten years ago. (The gorgeous, Sylvia Superstar is from Spain, but all the other hard-looking guys were from Germany.):

    http://www.youtube.com/watch?v=NSu_BqwFk6c

    (B) I have several Edisons, Columbias, Pathés, Berliners, Victrolas, etc., but not the one in your photo. That would be a very desirable addition!

    A broad selection of cylinder recordings is available for free on the http://www.tinfoil.com website (click on the tiny hypertext, “Archive.”) As are fine cigars, Martinis, and black summer truffles, antique recordings are an acquired taste, and certainly not for everybody.

    The Edisons are particularly interesting. The cylinders rotate at a constant speed of 180 RPM. The needle (oft Sapphire) rests above the record surface upon a floating plate to minimise friction. The floating plate is carried across the face of the record, not by the needle, but by a worm gear on the backside of the mechanism – again to minimise friction. The needle does not vibrate laterally, but vertically – the “hill and dale” method.

    My Edison, 1903 “Gem” has a device for shaving off the grooves of records, a recording head, and a playback head. I feel that it is still a technological marvel. It is absolutely amazing and somewhat “spooky” to hear one’s voice speaking back through a hundred year-old mechanical system!

    Edison did not care for disks (although he began producing them in 1913) because they were subject to the physical handicap of “conservation of angular momentum.” As the needle moved towards the slower moving center during play, the needle became more aggressive, and tended to shave off wax from the inner grooves – excessive wear on the inside.

    However, disks won in popularity (Gresham’s Law?) because they took up less space and stored much easier.

    While most folks think that Edison was a wrench and screwdriver, seat of the pants kind of inventor, it was stated in his 1927 record catalogue: “The Re-Creation of music did not come to pass in a day, nor even a year. It required five years of tireless endeavor… and cost more than three million dollars for experimental work alone.” That was US$3,000,000 in 1888 dollars – high dollar R&D!

    I appreciate your sharing the advertisement.

  59. Mr Supergeek

    @juergenwahl
    Cheers for the reply..I’ve been telling people for years vinyl is special…years of great minds in’white coats’ perfecting it…IMO the digital is still in it’s infancy.

    http://wwwmaths.anu.edu.au/~briand/sound/

    Above is link to the best (IMO) free (21 day trial) audio restoration tools…vinyl/78′s, unless you have thousands to spend on something like ‘cedar’ which is being used to clean up complete ‘beatles’ catalogue…As for ‘The Beach Boys’ I loved them when I was a kid and love em even more now…’Surfs Up’ is one of the most awesome pieces of vinyl I own (sound quality and music).

    oh yeah..2 atoms in a bar. 1st says “I lost an electron today.” 2nd says “you sure?” 1st says “yeah, I’m positive!”