[1052] The Truth About Markets – 01 August 2009

Stacy Summary: Conspiracy theories, working for free and Max starts a new campaign. The Truth About Markets, London. Resonance 104.4 FM.

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80 Responses to [1052] The Truth About Markets – 01 August 2009

  1. Pingback: The show: Getting funky and retro « The Joint Radio Show

  2. consumers and degenerate gamblers…

    thats what they want.

  3. Jim: Your stuff is really good, I think, but you need to talk/write real slow with more examples and explanations for us non-financial types.

    Max’s talk about Gulag Lotto’s reminds me of the old sci-fi movie Logan’s Run, a future dystopia where the goal of all is to win the lottery and be free. Only there is no freedom if you win the lottery you get recycled into food by a laser. Everyone over 30 wins by the way.

  4. BTW, China and more recently Russia(Gazprom) are getting Oil contracts in Nigeria, and now we see african Taliban appear to mount a coordinated attacks. Might be a coincidence, but then again maybe not.

  5. Mr Supergeek

    @maxkeiser.com
    Cheers for the show…enjoyed it very much….which is more than I can say for all 23 vols of freuds work…As someone who is a big fan of adam curtis and has been posting links to his stuff from way back…I’m not a 100% convinced of all adam curtis’s interpretations of freuds work.

  6. JIm,

    Thanks, that was helpful. I guess I was assuming that for IBM to go from 100 to 50 would require people to sell IBM, either actual holders of the stock or short sellers who would later have to cover.

    It what you are describing sounds akin to naked short selling, which Max has discussed extensively. If somehow prices of stocks can drop NOT in response to a binge of selling, then it means that any wealth that was wiped out was illusory to begin with (ie based on unrealistically high stock prices)

    However, when the market collapsed in Sept. 2008, I believe there was a binge of selling. Rep. Kanjorski calls it a “run on the money markets.”

    http://www.youtube.com/watch?v=Sxz6gYIiFHc

    Perhaps you can help me with this question: who, primarily was doing the selling? China? Hedge funds?

  7. another mainstream media psy-op is associating the democratic party with a “blue dog”, like a sports mascot or something. somehow they seek to equate the political process to a football team.

    i know americans are complete morons, but… this is TOO obvious.

    their numbers must REALLY be getting bad to resort to such primitive tactics.

    All these tactics do is raise awareness of the systems attept to remain in control, keep us fixated on dual oppositional paradigms and self stimulation.

  8. now theres a pathetic psy-op in the US through the mainstream media to associate Obama with beer.

    Obama.

    Beer.

    Obama.

    Beer.

    Duh.

  9. Non-credit money is the best idea of the world. Non-credit money can solve both national and world economic crisis. Non-credit money is not debt than gift. Non-credit money is the necessary additional quantity of money in circulation (dM) as percentage (k) of existing quantity of money in circulation (M). dM = kM ;
    k = (offer – demand)/demand ; If non-credit money is emitted according to the cited formula, inflation cannot exist.. Also, taxes are annulled for the amount of non-credit money. The consumers pay less and producers get more than today, in the order of credit money. All get the gift from non-credit money. The source of non-credit money is the growth of economic rationality. The growth rate of mankind progress is equal to the growth rate of non-credit money. There is both national and world non-credit money. We must create both national and world order of non-credit money.

  10. @steve
    i’d also like to know who is behind Goldman and what they could be aiming at.

    @max keiser
    why so trusting of NGOs? don’t they work for big govt and big business? for ex., why don’t they spend the same money on training locals to be drs, etc?

  11. Steve Turner

    Isn’t it time to stop behaving like scared little children and name the real crime gang? We all know it’s not only Goldman; or does Goldman run Hollywood and the Media too? With the brilliant financial analysis you two come up with, it’s hard for me to believe that you don’t know what’s going on.

  12. RE “PoopMail”

    A while back when there was discussion about nationalizing the large banks, and splitting them into “good” banks that would be quickly re-privatized and a big “bad” bank that would remain publicly owned, on some blog somewhere I suggested calling the “bad” bank the Securities Holding Investment Trust Corporation or SHIT Corp.

  13. To Chris

    In an exchange market there is a long for every short…thus, whichever way prices goes the money stay in the room on the table…in fact, the hidden beauty is the winner capitalizes the loser…either way, capital is preserved; not vaporized. Over time the market creates a great deal of stability & equilibrium allowing producers & users to make sound LONG term decisions…re: a better world. No CB confetti needed. Prices are true.

    the current OTC Derivative model is the height of insanity….further compounded by no capital for performance/no reserves and fully employing the buyer finite risk/the seller infinite risk….in a non-linear “delta” world.

  14. To Chris:

    Our capital markets are fatally flawed by design & structure. Had Lenin or any other political economist gong back to Hobbes or Locke..or even further mentioned this….we would all be much better off….needless to say.

    Example: when IBM goes from a 100 to 50…assuming a billion shares…50 bill is vaporized because there is not a long for every short…..same holds true if you use a bond example. Thus the economy needs to produce another 50 bill of after tax capital.(nearly impossible given interest, entropy & natural risks/mistakes)…..that’s why we have CB’s ///to offset this REALITY IN A FINITE WORLD. The CB’s create “confetti” to do so. This is confetti because there is NO labour/production behind the CB’s “money-equivalents”..and this confetti “naturally” mixes/competes with ACTUAL labour/production. …massively distorting human production decisions. Currently, as a result of this process….there is not a price on the board that reflects any Actual reality. We are all living in a an infinite “halogram”. In fact, every price might be the equivalent of its opposite>

  15. As far as psychology goes, Max pointed out what Adam Curtis explained in his documentary series ‘Century of Self’, Freud and Bernays kicked of the science of population control. http://en.wikipedia.org/wiki/The_Century_of_the_Self

    More important, but omitted by Curtis, is BF Skinner with his theory of operant conditioning: http://www.bfskinner.org/BFSkinner/SurveyOperantBehavior.html

    These videos get to the heart of the psychological technologies underpinning the casino-gulag: http://www.youtube.com/watch?v=AepqpTtKbwo
    http://www.youtube.com/watch?v=mm5FGrQEyBY
    http://www.youtube.com/watch?v=bXCdsHH6S7Q

  16. @Jim: Thanks for the post. Illuminating, though somewhat disjointed, If I may say so. Could you please elaborate (with examples) on the difference between exchange markets and over the counter (OTC) markets? Thanks!

  17. Dear Bonnie & Clyde…..on the dollar thing. Dollar losses in the last two years are probably close to 100 trill WW. That is to say there are 100 trillion less “collateralizable/leverageable(shrinking X)…. a huge number. This means a massive dollar shortage versus current/upcoming claims(debt). In response China has printed 1.8 trillion dollars/yuan on a GDP of 4 Trill & a “surplus” of 2 Trillion. The same metrics/activity in Brazil, India, Russia are even worse. This is an attempt to “print” dollars in order to address this massive shortage created by the BUST. For each & every regime discussed the model is the same. Liabilities(claims) are treated as assets(production)…horseshit.

    The capital markets(stocks, bonds swaps) WW are OTC markets/NOT exchange markets……meaning, when prices go down….capital is VAPORIZED. In an exchange market (long for every short) capital is preserved regardless of direction….BIG DIFFERENCE. The WW CB’s are forced once again to Print Dollars(whether in the form of yuan/reals/yen/euro or whatever) against this 100 trillion dollar VAPORIZATION./SHORTAGE.

    As you know, claims are fixed….assets are fluid. The big booby trap is that all the assets are in fact claims(non-productive liabilities). All our money is DEBT…..now that we are all at zero rates there will never be a dollar of productive capital again…just swappin claims infinitely…Zero is INFINITE….strange recipe for a finite world….a true option model….buyer is finite/seller is infinite…AIG the poster child>

  18. BTW, Bill Maher’s “cowards” quote was stolen from Bill Hicks, who said it YEARS earlier.

    “They blow themselves up in order to get at us, and we launch 3 million dollar missiles off of giant floating iron islands 2000 miles away – Who are the real cowards?”

  19. Bill Maher is a tool.

    Here he jokes about a child getting shot in the back, from the documentary about the Ruby Ridge tragedy
    http://www.youtube.com/watch?v=SEHiX5Iukxo

    link to the whole documentary, very interesting and sad.
    http://video.google.com/videoplay?docid=-4565369222910430105&ei=onJ1SsaEJ4bq2gLrkqHUDQ&q=ruby+ridge&emb=1

    to top that off, two documentaries about Waco
    http://video.google.com/videoplay?docid=5510108493532885562&ei=KHN1SqLNPKS-2wKBxZDWCQ&q=waco&emb=1
    http://video.google.com/videoplay?docid=4298137966377572665&ei=KHN1SqLNPKS-2wKBxZDWCQ&q=waco&emb=1

    CONSPIRACY FACTS, OFFICIAL TESTIMONIES, ETC.

  20. Mike/Liverpool

    BTW Bob Chapman was on “Coast to Coast” last night, did anyone see it?
    Mike

  21. Mike/Liverpool

    I wait with great intrest fair lady!
    Mike

  22. Владимир Џ

    A guy from my country has an idea of non-credit money. Stacey check it out.

    http://noncredit-money.org/?lang=en

  23. @suuntov @Mongo – thanks

    @Mongo (2) – re: that ZeroHedge quote, “Tyler” would have been great on Bill Maher’s show the other night as he had these bozos on Joe Queenan and Niall Ferguson who thought: all is okay because the market is up (though he could have attempting to be satirical) and that Ben Bernanke is doing a good job, respectively; Maher seems to have all sorts of MSM type people who are pushing green shoots economic, political and cultural stories; it would be great if he had a special true economics show

    @Jeannon – great post, thanks for the info

    @Dedo – yes, we have had dinner with the yes men in Paris a few years ago; they are definitely brave to do the stuff they do!

    @Mini US – lol, yes, great idea for a new currency

    @Mike/Liverpool – I have a theory about what will happen in September; I believe I know how the US is going to devalue the dollar, which on the surface is a difficult thing to do . . . but reading the signals in the newspapers and official statements over the past few months, I think I have the obvious answer . . . will come back with more soon . . . . .. . . ;)

  24. More Dutch Muslims are skipping the mosque – Churches in the Netherlands have been emptying out for some time, but a new study shows that mosque attendance too is declining. http://tinyurl.com/m8orw4

  25. THE GEORGIA FILES FINAL COMPACT Achronologic http://tinyurl.com/lnd5nx

  26. @stacy
    Will Max Keiser and or you write a book some day like P. Schiff?

  27. My piece on the “Apocalyps Now” Maxs Incentive on the Dutch MSM, Governments behave like Lance Corporal Jones, Wednesday 8 October 2008 by Frans Timmermans http://tinyurl.com/lvacpz

    “If you realy want to know the underlying causes of the problem you better start with Colonel Kurtz (Henry Paulson) from the movie “Apocalyps Now” instead of Colonel Jones, who’s gone insane and now somebody has go up river to take him out!

    These dark pools of liquidity create a Black Market as big or maybe even bigger than the real one! The global financial system hasn’t become so complicated but merely is taken over by a group of greedy corporate fascists who want to bring the Americans into neofeudalism.

    I am flabbergasted by the lack of understanding of what really is happening right now in the United States. The Paulson Plunder team is playing some last of it’s poker game to get their hands on anything of value left in the market and they play it very slick.

    Right now they are playing one of their last rallies in the dollar to clean up their balance sheets to leave the dollar for dead and go up into the commodities leaving a trail of destruction. So this has nothing to do with our ” assumptions our political system has worked with over the last thirty years” but more with neofeudalism.
    “tectonic changes in geopolitical and global economic relations should be our starting point” sounds more like Zbigniew Brzezinski (man behind Obama) who has his eye on Eurasia for more than thirty years.

    It is true that the changes of Obama are changes in the order which country to attack first but I am not sure if that’s what Frans Timmermans ment by this? It has nothing to do with this credit crises by debt-based, fiat, Fractional Reserve Banking system.

    Let me illustrate the history of the credit crises by some short history overview and quotes;

    I agree it all started at the Reagan-Thatcher era followed up by the Clinton Administration. Even Dr. Paul Craig Roberts the “Father of Reaganomics” regret that he ever worked for it, avowing that, had he known what it would become, he would never have contributed to the Reagan Revolution. A man who can sincerely (so not like Greenspan) admits his mistakes is a great man in my opinion.

    1999 Repeal of the Glass-Steagall Act that separated commercial from investment banking by the Clinton Administration.

    2000 Derivatives and credit default swaps were excluded from regulation.

    2004 Setting aside capital requirements by exemping the investment banks from maintaining reserves to cover losses on investments engineered and this allowed the investment banks to leverage financial instruments beyond any bounds of prudence.
    (Bear Stearns pushed its leverage ratio to 33 to 1 adviced by crappy computermodels – sometimes even 100 to 1 in some cases!.)

    So regulation is not only necessary but essential!

    Dr. Paul Craig Roberts in an understatement about the past Bailout bill;
    “a mistake”
    Paul Craig Roberts over de 700.000 miljard dollar bailout;
    “only from one set of books to an other” (Banks –> Treasury)
    “they are bailing out their buddies”,
    “Only 5 Major Banks remain now for the Monopoly Man”.
    Conclusion Dr. Paul Craig Roberts;
    “If the foreigners are not gonna lend the money they have to print it!”.
    Daniel Hamburg Congressmen, California;
    “Who’s gonna Pay the Piper?”

    October 12, 2008 Bob Chapman van theinternationalforecaster.com; “Europe now they are the proud owners of 75% of all the toxic waste derivatives produced by the American…”.

    October 13, 2008 JD Power and Associates;” the global auto market may experience an “outright collapse” in 2009. And we’re only talking about autos.”

    October 14, 2008 Puru Saxena to CNBC; “Saxena labeled bailout measures as “poison” in the long term, adding that tradable rallies will mask the problem until the second quarter of next year but the meltdown will ensue soon after.!”

  28. Russia warns Georgia as South Ossetia tension rises http://link.reuters.com/duw69c

  29. @Maxkeiser

    Hi! Yanks (Quote: Dennis Hopper/Photojournalist FROM Apocalyps Now) http://tinyurl.com/mekjcu

  30. Great show.

    More Conspiracy!!! Why? Because we all know its not confined to finance.

  31. What’s the difference between capitalism and communism? http://tinyurl.com/dzpt6f

  32. British MPs seek wider NATO help in Afghanistan

  33. The “VOLUME DISCOUNT” formula is the biggest BITCH on the planet and there is no turning back.

  34. Max’s description of working “in the system” reminds me of:

    “They sentenced me to 20 years of boredom
    for trying to change the systems from within
    I’m coming now, I’m coming to reward them.
    First we take Manhattan, then we take Berlin!”

    http://www.youtube.com/watch?v=tFBKV0zVXSE

  35. A nice one for Tweet’n

    Max & Stacy The Truth About Markets, 1/8/’09 http://tinyurl.com/m4hrey DIRECT DOWNLOAD MP3 53.5 MB http://tinyurl.com/laoxcz

  36. Something I don’t understand.
    If $US goes down it because the US economy is ‘improving’ and Bonds are not desirable as ‘safe haven’. Then Gold goes up.
    So if US economy gets worse, then $US goes up on Bond demand and Gold goes down.

    So we are saying buy Gold because…?
    This is if the $US completely collapses Gold will go up, and if the economy improves $US goes down and Gold goes up as well.
    Is that correct?

    So Bernanke’s STRONG DOLLAR policy is consistent with him destroying the US economy.
    Makes sense. Ha!

  37. I was wondering about that spike in gold and silver also (= dollar decline). I don’t see anything about these Yuan bonds in the main stream, even Bloomberg…please post if you can.

    My understanding is that Japan currently buys USD denominated Treasuries (in the past they briefly got yen denom. bonds, if I’m not mistaken called Carter Bonds). However the opposition party in Japan (which is about to win the election and take control) has demanded Japan exit treasuries in favor of yen denominated bonds. My guess is that the Chinese are preemptively saying “we deserve that too. Esp. since we now won more treasuries than Japan”.

    My “Oracular” prediction: Gold hits $1000 after the election results in Japan come out.

  38. nice background music

  39. @M&S

    Ahhahhahhaaaaa! “Female Urine Time” I actualy went in the Ladiesroom of some restaurant one time, to see if my Lady was still allright. Couldn’t fix my time table in my head so got oneasy, thought maybe somtin happened in there. Thought she fainted or somtin?

    What are these woman doing in there anyways?

  40. Bryan McCahill

    Wow! What a show. It tended to aberrate toward the end though, with all the talk about female urine and male poop.

  41. Talking about sneezing. It could make you much stroinger against viruses than the rest of us, realy no Kidd’n.

    THE STORY: Pigs became very sick through monoculture of bacteries. The pigs where held in seperate spaces shitting in seperate spaces as such creating their own specific “Galapagos” bacteries which was exactly the reason why the became sick.

    SOLUTION: Take the shit of one pig space and mingle it with the other pig spaces and Vice Versa. Pigs didn’t became sick anymore.

    POINT MAK’N: The more diverse your virus culture the less vulnerable to diseases. The more people hack your diner the stronger you get :)

  42. @Mini US

    Probably suicided to look like that. Many Virologists have been killed also which makes the case on man made virus releases stronger. Google ” Operation Gladio ” and the shit will reveale it’self by governments murdering it’s own citizens in Europe.

  43. Female urine time = Gold Standard.
    Have we found the new currency?
    Liquidity not a problem!

  44. Glenn Beck: Cash For Clunkers is a government scam to gain access to your computer http://tinyurl.com/nlx3kz

  45. Lord Mandelson has already done that.
    The chicken thing I mean.

    Wasn’t it a Mandelson (some british MP) that was found with an orange in his mouth and a plastic bag on his head supposedly to enhance sexual pleasure?

    Ah no, his name was Milligan.
    http://www.nndb.com/people/811/000159334/

    Phenomenon known as Tory Asphixiation.

  46. @Mongo

    Ahhahh Good one “Save Me!”

    WANTED: GOOD WOMAN http://tinyurl.com/nwyqap

  47. Yes.
    Bankers and Lawyers have made THEMSELVES necessary, in fact what they consider indispensable!
    Are they, or have they just sold it to us for so long that we have just accepted it. They complicate the system so that there are those in the know and those that are not.
    If we removed these entities would life be any worse?
    Lets just try hey?!

  48. Love the History lesson too guys.
    Its all happened before, and will happen again.
    Human nature stays human nature.
    Greed, weakness, addiction, etc.
    There are also some good bits too :)

  49. Dutche people like to talk about the weather, Brits catching up? http://tinyurl.com/knxxll

  50. Great Show.
    I love Max’s way of telling the story.
    Insightful and funny :)

    Insurance companies do the same, they invest with our ever increasing premiums.
    Then, when these investments go bad, they just have to raise premiums. It isn’t because the insurance risk is any greater, they just buggered up their investments and need to recoup these losses.

  51. I live on number 13 so I must be the chosen one. ;)

    Free Masonic Architecture is just around my corner which most people, who live here, don’t even realize. That’s the part I don’[t like about them. The non transparancy, the plotting behind your back, that’s exactly against my and I think human nature.

  52. @Jeannon Kralj

    Good post also making the connections with the Freemasonz.

    Ever wonder why the one dollar bill is the only note that was not changed in appearance like our other notes have since paper money was issued by the Federal Reserve? Could it be because the dollar is full of Masonic symbols of evil and the Masons did not want to change it for this reason? 13 was not used because of the 13 colonies as everyone was taught but instead represents the 13 original Knights Templar who was arrested October 13th 1307 and then later burned at the stake. This is why 13 is called a unlucky number. The Masons accepted the remaining Knights Templar in thier order after the death of the original 13 members. Note also the cornerstone for the Whitehouse was laid by Freemasons on October 13, 1792 once again honoring the Knights Templar.

  53. @Paul Anderson

    Obama recieved a metal too recently from the Arabs, donnow why? http://tinyurl.com/mjef3c

  54. I’m drunk so please excuse me if I ramble. I used to work on the cardio-thoracic intensive care unit of a very reputable hospital. tonight, I went to a party–at which, nurses and OR team members from the hospital were present. I asked them what their professional advice was re: swine flu vaccinations. they said to steer clear of them since they have not been adequately tested, and since the vaccines led to everything from deformities to death in the late 70s (the last swine flu scare).

  55. Martin Blake

    Hey keiser and stacy i was wondering if you could respond to peter schiffs recent appearance on the kudlow report in your next video or audio show. Here is the link to the first video http://www.youtube.com/watch?v=n3goqPFGzm0&feature=channel_page

    I would really like to hear what you think, as always you guys are great!

  56. Mike/Liverpool

    I am wondering how this will turn out, let face a few facts:-

    “They” are now deeply worried, sure they love to walk away but where?

    “They” know that once they are over thrown we will start to investage 911 & Iraq war………..No F*cking way “They” will allow that (Dick Cheny having a fire in his office won’t cover all the facts).

    “They” are rather happy being in charge, so they must kill off the middleclass because thats where the revolutions come from.

    No, “They” will try to cling to power by what ever means…..

    Anyone noice how everything from Swing Flu to $ collaspe is pointing to Sept ish?

    Time to stockpile some items, time to plan.

    Mike

  57. Judge not lest ye be judged,…..hmmm

  58. @Blindweb,…..I totally agree,.!…: )
    it’s why I post mainly, to get more perspectives (and to initiate emotional reactions)

  59. @Propaganda/Casino gulag
    Operant conditioning – In operant conditioning random reinforcement and punishment is the cheapest way to train animals. Instead of reinforcing every time a citizen does something good, randomly reinforce to cut down on your costs. It seems like it took 100 years to fully work its way into society.

    @Dedo. It seems the internet has spawned a legion of cocky-American-idiot-science-lawyers who think that the more technical you speak the more correct your are. Considering they generally do not believe in GOD, it is odd that they tend to believe in the DIVINITY of their very narrow reference book. Their definition is the DEFINITIVE one. (divinity-definitive, same root?) Never once do they consider the fluid nature of life and language. Nothing in life is concrete, particularly the definition of words. Their mind seems to be trapped in the Classical Mechanic world of Isaac Newton some 350 years ago. This would seem to insinuate they have at best a h.s. education. Confirm this with the fact that they generally call you an idiot, moron, or in this case dumbass

  60. @Paul Andersson, whichever way this turns out I guess we are in for a ride. Question is, how things will add up until whatever happens in september/october. Feels like Wall Street is on breaching level in regards to the amount of corruption it can take to sustain the fake facts sent out to the MSM.

  61. Great show. Even better than usual.

  62. conspiracy theories!? how about Coincidences theories…… it’s just a coincdence that the US foreign and domestic policy is the way it is when all the US makes is weapons…

    National Security State
    http://tinyurl.com/l5d77w

  63. @Mungo
    It remains to be seen. There may be a not too surprising cover up
    but on the other hand, rather more optimistically it could turn out to be a foot in the door, whatever it will raise public suspicion.
    It could be Max’s first step towards a Presidential medal of Freedom.
    http://en.wikipedia.org/wiki/Presidential_Medal_of_Freedom Though Jon Stewart might have a look in.

  64. A good illustration, (with the yes men) that anyone can be taken in with news stories, unless they practise due dilligence.

  65. @Paul Andersson, Will it matter? The banks will have their bank holiday and then some!

  66. @Max&Stacy,……..You ever heard of the yes men?
    http://www.youtube.com/watch?v=SlUQ2sUti8o

  67. link to watch The Century of Self … Edward Bearnaise
    http://www.archive.org/details/AdaCurtisCenturyoftheSelf_0

  68. In case you missed it , the NWO has been sent a court order.
    http://inthesenewtimes.com/2009/08/01/senate-subpoenas-goldman-deutsche-wamu-bloomberg/

    I hope this sets a new trend in US/world politics.

  69. I’m doubtfull http://www.mailpoop.com/ will be able to handle the requests or their dogs have to be force fed. Maybe a deal with Mac Donalds is possible for their toxic runoff.. I propose to charter a firefighting plane and let it fill up with wet manure or better still, that toxic coal slurry, that ought to give a nice spectacle.

  70. This is the best single sentence from Zero Hedge / Tylder Durden today!

    “It is a sorry state where the only thing that is propping the world’s greatest economy are promises of improvement and confidence games via the traditional media, with hopes of propping up a stock market which has long since ceased to be an indication of economic reality.”

    http://www.zerohedge.com/article/realistic-look-gdp

  71. @Jeannon,…….Hey,.we should make a team !! ; )

  72. Jeannon Kralj

    “Conspiracy” is as American as apple pie. I have heard the statistic that like 90 percent of federal convictions are for “conspiracy.”

    Here is a legal definition of conspiracy.

    “A conspiracy exists when two or more people form an agreement to do some act or refrain from doing some act. A conspiracy to commit a crime is a crime in and of itself, which means that conspiracy is charged as a crime separate and apart from the crime that the parties to the conspiracy conspired to commit. There are several reasons for a prosecutor to charge conspiracy, and despite the fact that the law defines conspiracy as “agreement” between two or more persons, only one person need intend to commit a crime out of the conspiracy.”

    Alex Jones and many others have been speaking of the “new world order” for well over a decade. I believe Hitler often used the term “new order”. Our dollar bills say “novus ordo seclorum which basically means new world order, new order of the ages, or new secular order. This means world government, and the secret societies have had world government as their main goal for probably not only centuries, but mellenia.

    “When our Founders declared a new order of the ages . . . they were acting on an ancient hope that is meant to be fulfilled. History has an ebb and flow of justice, but history also has a visible direction, set by liberty and the Author of Liberty.” G. W. Bush, second innaugural speech

    Now to these guys, the “Author of Liberty” is Lucifer, the light bearer.

    Of course slavery or “debt slavery”, are essential to the plan for world government. All of this financial meltdown is deliberate, and Goldman Sachs is the top player in the USA, though they are by no means the top of the financial cabal.

    The media, government spokespersons, the politicians, the scientists, academia, medicine, law, law enforcement, military, bureucrats all of these institutions and people are totally owned by the new world order and all they can do is lie. The people have been gradually mind controlled and dumbed down over the decades so that they could not have an original thought if it killed them, and nowadays, orginal thinking and speech is grounds for execution.

    And don’t forget uncle Quiqley.
    In 1966, Bill Clinton’s mentor at Georgetown University, Professor Carroll Quigley, described the system in his book Tragedy and Hope:

    ” The substantive financial powers of the world were in the hands of these investment bankers… who remained largely behind the scenes in their own unincorporated private banks. These formed a system of international co-operation and national dominance which was more private, more powerful and more secret than that of their agents in the central banks… In addition to these pragmatic goals, the powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a FEUDALISTIC fashion by the central banks of the world acting in concert, by secret agreements arrived at infrequent private meetings and conferences. The apex of this system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations… ”

    Sorry for long post.

  73. I actually wondered why the dollar went down on friday, media coverage was ZERO! Now I know and of course from number one premium source!

    You guys are doing such a great job!

  74. Ref: Conspiracy Theories,..
    @ Max imus marilius
    The difference between a theory and a hypothesis is that
    up to the second and third steps, it’s called a hypothesis.
    After the fourth step has been successfully applied, not
    once but many times and with no failures, again, and again
    -gradually, those who use this hypothesis, especially its
    formulators, gain confidence and upgrade the hypothesis
    by calling it a theory.
    Therefor, a theory is a corroborated hypothesis, not a
    speculative guess for future events, dumbass!! : )
    I comprehend where your coming from though, eg: as soon as the masses pick up on it, it becomes fact!

  75. As always, excellent show!

  76. Max and Stacy…you guys rock!! I eagerly anticipate every new show you post. Thanks for all the great info and insight you provide, I pass your names and website to everyone I know and care about. Keep up the great work and I look forward to hearing you on http://WWW.Infowars.Com on the 6th. Take care,
    S.