Stacy Summary: No matter where you look in whatever area of national or international policy, it appears bankers cannot possibly lose as they write every single piece of legislation. It is government by and for the bankers.
  |
 |
-
ref. max keiser – Get 6 mo’s free storage
-
Rick Ackerman-
- Karl Denninger – Market Ticker
- The Big Picture
- Mish
- David Morgan
- King World News
- SmartKnowledge
- GoldCore
fiat money and the french revolution
-
crash banksters – Buy Silver & gold
![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
-
Stacy
http://gregor.us/mexico/clarion-call-from-cantarell/
Mike
Hah, 1st again!
@TroyOunce – I think you are second . . .
Twitter me one-time – and deliver a box office blow to the budget.
http://www.telegraph.co.uk/technology/twitter/6069260/Twitter-killing-Hollywood-movies.html
@Ptah – excellent find! How long before Twitter gets killed by Copyright Cartels?
@Sharon
Poison in your drinking water? Atrazine http://tinyurl.com/nugjut
News Corp puts Dow Jones index business up for sale
The Dow Jones Industrial Average, the US index of its top blue-chip companies, may be renamed after its owner put the indices business up for sale.
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/6077783/News-Corp-puts-Dow-Jones-index-business-up-for-sale.html
Obviously no faith in it’s future .. LOL !
Does the internet allow us to entertain each other more than movies can?
The good old cash-for-favors system, known as lobbying, is in full swing again, with General Electric valiantly leading the pack of beltway brown-nosers, having spent $7.2 million in Q1 for various lobby purposes.
From: CNBC’s Parent Station General Electric Is Q2′s Top Lobby Spender With $7.2 Million, A 60% Increase From Q1 http://tinyurl.com/mluq6a
Netherlands in top-10 of foreign agent lobbying in US http://tinyurl.com/kqv6ma
UK recession is over:
http://www.guardian.co.uk/business/2009/aug/24/uk-recession-over-survey-suggests
The Rasmussen Reports daily Presidential Tracking Poll for Sunday shows that 27% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-one percent (41%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -14. These figures mark the lowest Approval Index rating yet recorded for this President. The previous low of -12 was reached on July 30. http://tinyurl.com/5tnd2b
RE “Insurers to reap ‘financial bonanza’ from health care ‘reform’ ”
The healthcare “reform” is simply nothing more than a disguised bailout for the insurance industry which is up to its neck in derivatives. Obama is Wall Street and Wall Street is Obama.
45% Suspect Obama Team Involved in Blagojevich Scandal http://tinyurl.com/6q7h6y
49% of New York State voters say that almost everyone in the State Senate – including their own state senator – deserves to be thrown out. http://www.quinnipiac.edu/x1318.xml?ReleaseID=1365
@Youri.. Maybe a grain of salt should go with that survey?..Obama may have has something to do with the process of finding a new person to occupy his vacated seat..
Double win for the US: You rob Switzerland of part of their business and get to flog tax haven refugees of their well earned (?) savings http://tinyurl.com/lffvwy . A triomf for egalitarians, sad thing Obama lets the bankers steal all of it.
I want frikkin’ gold to explode!
A tragic story of fossil fuel dependency http://tinyurl.com/n4sru9
Ah……..Dear Old BBC:-
http://news.bbc.co.uk/1/hi/business/8217122.stm
Mike
Could the health insurers be threatening differential treatment for those actively opposing their agenda?
More twitter hype, derived from two articles in the New York Times and Washington Post.
Twittering May Have Impact at Box Office
Washington Post – Michael Sragow – Aug 19, 2009
A-List Stars Flailing at the Box Office New York Times
By BROOKS BARNES
Published: August 20, 2009
results for Twitter Hollywood
The Washington Post one gets the point, which is how to monitor and move the herd:
Studios are trying to gauge the impact of an avalanche of tweets and how it affects the staying power of a movie. Was the 39 percent box-office drop of “Brüno” from Friday to Saturday a case of disappointed moviegoers tweeting from theater lobbies? Or did a limited fan base for “Brüno” exhaust itself on that first day?
“I think Twitter can’t be stopped,” says Stephen Bruno, the Weinstein Co.’s senior director of marketing. “Now you have to see it as an addition to the campaign of any movie. People want real-time news, and suddenly a studio can give it to them in a first-person way.”
Eamonn Bowles, president of Magnolia Pictures, says studios are worrying about a time when “people will be Twittering during the opening credits — and leaving when they don’t like them.” But he also warns, “The next step [for the Twitter Effect] is for studio marketing to manipulate it.”
The Weinstein Co. has done that big-time for the Friday release of the Quentin Tarantino-Brad Pitt World War II epic “Inglourious Basterds.” The company packed a screening at San Diego’s Comic-Con with people who won access via Twitter. It also staged “the first ever Red Carpet Twitter meet-up” during the movie’s premiere at Grauman’s Chinese Theatre in Hollywood, generating celebrity tweets, including Sarah Silverman’s “just made me smile forever” and Tony Hawk’s “another Tarantino classic.” Twitter has broadened the reach of bloggers and other aspiring opinionmakers.
“Just two years ago, if I saw a movie I loved or I hated, I’d be able to tell a dozen friends, tops,” says John Singh, who works for the movie and social networking Web site Flixster. “Now I can be walking out of a theater as the credits are rolling and immediately tell 500 people what I thought. . . . It’s never been this easy to be this influential.” Take “The Proposal,” a film that had little buzz yet has become one of the summer’s most profitable productions. (It cost $40 million and is grossing upward of $159 million.) Flixster, which runs the movie application for iPhones, worked with Disney/Touchstone to promote the Sandra Bullock-Ryan Reynolds romantic farce. Singh credits the campaign with increasing the film’s opening-weekend haul by 30 percent.
Monitoring and moving the herd is what ‘social network media’ is mostly about.
harry_w Jul 5, 2009 at 11:25 am:
“…Streambase CEO’s blog, giving an indication of how twitterers are actually viewed in the data mining scheme of things:
Trading on Twitter: Opportunity, Danger, or Folly?
“…Todd C. Mirabella, chief investment officer and principal of New York hedge fund QAT, says one of the uses he has found for Twitter is to help look at market volatility and compare it. “So how we get our information, that’s the trick. Twitter can give us information on retail ” [Tweeters] are the herd,” he says.”
http://www.nu.nl/economie/2067348/grote-kans-op-nieuwe-recessie.html says:
Big risk of renewed recession according to American economic Nouriel Roubini monday in the Brittish newspaper Financial Times.
Kenny says Fine Gael will vote against Nama Bill
http://www.irishtimes.com/newspaper/breaking/2009/0821/breaking38.htm
Economic debate has not included idea of citizenship
http://www.irishtimes.com/newspaper/opinion/2009/0822/1224253076519.html
Nama legislation difficult for many Greens, says Boyle (Greens are blowing smoke up our arses again; as I predicted)
http://www.irishtimes.com/newspaper/breaking/2009/0824/breaking27.htm
Nigeria Threatens Largest Debtors
http://news.bbc.co.uk/2/hi/business/8208932.stm
US troops and drones to deploy to Colombia
http://rawstory.com/08/news/2009/08/15/deal-united-states-soldiers-will-deploy-to-colombia/
@stacy: Can you find any articles on Michael Hudson’s recent article that Iceland had told Britain to go f**k themselves. Its a complete blackout – I can’t find anything!
YEAH! The recession is OVER!
On the basis of the newly established market fundamentals we are heading OUT OF THE RECESSION BABY!
The new market fundamentals is called THROWING THE DICE!
Each day a new day to elevate the index-values based on the dice!
Another ‘town mall’ and it ain’t about health care -
http://www.youtube.com/watch?v=_rRE5UK6NQU
There are meetings being held Monday and Tuesday in Yekaterinburg, Russia, (formerly Sverdlovsk) among Chinese President Hu Jintao, Russian President Dmitry Medvedev and other top officials of the six-nation Shanghai Cooperation Organization. The United States, which asked to attend, was denied admittance. Watch what happens there carefully. The gathering is, in the words of economist Michael Hudson, “the most important meeting of the 21st century so far.”
“This means the end of the dollar,” Hudson told me. “It means China, Russia, India, Pakistan, Iran are forming an official financial and military area to get America out of Eurasia. The balance-of-payments deficit is mainly military in nature. Half of America’s discretionary spending is military. The deficit ends up in the hands of foreign banks, central banks. They don’t have any choice but to recycle the money to buy U.S. government debt. The Asian countries have been financing their own military encirclement. They have been forced to accept dollars that have no chance of being repaid. They are paying for America’s military aggression against them. They want to get rid of this.”
Drom: China, Russia, India meet to dump the Dollar http://tinyurl.com/nxhnmg
Typical Brit Koelee drinking mindsetting.
Recession? It’s all in the mind… http://tinyurl.com/lgq7cy
@Mother………..Poison in your drinking water? Atrazine
Disgusting isn’t it? I don’t trust the water supply here in England either. Where I live the water has been fluoridated for decades, I don’t know if it contains Atrazine. I use a filter that removes fluoride and most other chemicals including arsenic. Trying to get decent food and water nowadays is becoming increasingly difficult. We are at war! ‘They’ have waged war on us, but it is a silent war whereby our food, water and medicines are designed to slowly kill us. Don’t get me started on the vaccines!
http://www.marketwatch.com/story/fasb-may-expand-mark-to-market-rules-report-2009-08-13
I hope they get this done on one of my predicted days..:-))
Youri Carma: “..meetings…” This was a June posting URL????
@Phil………..re: A world without cancer.
Thanks for posting those links. I’ve known about this for some time but clearly everybody should be made aware of this very important information. I buy crushed Apricot kernals which are one of the best sources of Vit B17. I’ve heard that if a monkey finds an apricot it discards the flesh and goes straight for the kernal. I’ve also heard (don’t know if it’s true) that when dogs and cats eat grass they are attempting to consume the nitrilicates found in grass and that this gives them the same sort of protection. When can we go and hunt these people down who would do us so much damage?
China: A Heralded Sell-Off of U.S. Treasury Debt http://tinyurl.com/np83rt
http://web.stratfor.com/images/asia/art/China_US_TRS_Holdings_800.jpg
@Richard@lattitude30N
Oh Yeah, June 2009 that was lightyears ago.
But it supports what I’ve been saying about China financing it’s own encirclement. Maybe it rings a bell?
@All………..Can I ask what you all think aabout the release of Al Magrahi (sorry for spelling) – the Libyan convicted of the Pan Am plane bombing over Lockerbie. The Scottish gov sent him home on compassionate grounds as he has terminal cancer and is likely to die within 3 months.
This is the main news here in Britain at the moment, especially given the US response which is to boycott Scotland and to accuse the British of aiding terrorism (yeah, whatever). We are also being told that it will affect the special relationship (Oh what a shame).
I’ll tell you what I think – this man was due to go before an appeal hearing and there is apparantly alot of evidence suggesting that he didn’t do it. Could it be that he was about to spill the beans resulting in the blame being aimed at others, possibly those in govs? There was certainly a deal done whereby he would be released if he dropped his appeal.
Hmmmm…..me thinks something stinks!
@sharon
Lord Mandelson met Colonel Muammar Gaddafi’s son at a Corfu villa only a week before the announcement that the perpetrator of the Lockerbie bombing could be released from prison, it was revealed today.
It also emerged that the business secretary met a leading Hollywood critic of illegal filesharing at the same location just days before launching a crackdown on internet piracy.
http://www.guardian.co.uk/politics/2009/aug/17/mandelson-gaddafi-lockerbie-corfu
Stacy, take it a step further: Yes, it’s govt by and for the bankers. Who control the bankers? Who exactly are the banker elite? Who are the controlling 13 families?
What about Kissinger’s prediction that “America [would] be disarmed by August 2009?” earlier this year? Is Rockefeller Kissinger’s handler?
Just asking. Let’s get down to cleaning this rat-hole out. And thanks to you and Max. Keep up the great work.
FEDS: We need to bust up your garage sales to save the children http://tinyurl.com/lx4cc2
@sharon
Gaddafi hugs Lockerbie bomber; Britain denies deal http://tinyurl.com/n48dzh
Bad loans to hit Landesbanken: Several of Germany’s biggest public sector banks are likely to reveal steep rises in loan loss provisions this week http://bit.ly/2Kbyeu
Tax haven gone, Swiss banks to use safe haven allure http://tinyurl.com/mlhcrg
Recap: OECD Puts CAYMAN ISLANDS On Tax ‘White List’ http://www.hedgeco.net/n/11261
Sharon,
I dunno how many Scots inhabit this forum. My moniker BlackDouglas refers to a Scottish general who was King Robert the Bruce’s general during the war of independence – a lot of yanks think I’m a black guy or something..
Anyway, as a Scot I am absolutely seething over this issue. For a start, I think a majority of the US families believe al-Megrahi to be guilty. In Scotland it’s the opposite. I don’t want to get too much into the case but let’s just say that the US and the UK authorities have suppressed evidence – kept from the trial judge and the man who fingered al-Megrahi was paid millions by the US. In many ways this witness’s testimony has been found wanting since the trial. Shortly after the US bombed an Iranian passenger jet the lockerbie incident took place. Many have seen this as revenge and reckon it was Iran contracting out to Syria. At the time though Iran had to be kept on-message and Libya was the pariah. Many of Scotland top legal experts believe al-Megrahi to be innocent.
A couple of years ago Blair went over the head of the Scottish government and put in motion a prisoner transfer agreement between the UK and Libya (which related also to Scottish prisoners i.e. al-Megrahi). This is part of a serious of understandings relating to Western access to Libya’s massive oil reserves. At the time the Scottish (nationalist) government was furious as jurisdiction is Scots law and government.
What has happened is that the deal was made to transfer this prisoner from the UK to Libya but that the Scottish government has refused to let this proceed. Instead the Scottish government has released al-Megrahi on grounds of compassion (given that he is dying). This is a long standing principle in Scots Law.
Certainly, this case involves the dignity of Scots Law, institutions and civilisation. Blair/Brown and their oil guzzling friends across the pond have had no right to meddle in Scottish affiars.
Now Clinton/the FBI/Obama and a whole host of others are criticising the Scottish government. Clearly they are deflecting complicity in economic dealings with Libya, for a domestic constituency, by attacking the Scottish government. At the same time Brown has not even yet commented on the issue!
Clearly, London has developed an understanding with Washington to stigmatise the Scottish government. As far as I’m concerned, in relation to London, I see this as an act of treason.
While the US try to ram their ideas of justice down our throats the Scottish government has shown Scottish compassion and the Arab world and others have seen that the West are not all simply hypicritical, blood/oil thirsty imperialists.
Now questions are being asked in the US and the UK about deals in the dessert. Maybe the truth will out and the fake outrage will be exposed, I don’t know.
And let this whole issue expose the achilles heel of the world order. Without Scotland there is no UK and that really would not help matters in the Security Council and that’s not to mention that Scotland has the EU’s largest supply of oil and is home to the largest concentration of nulcear weapons in the world.
The SNP government should now use the power it has to set up an enquiry into Lockerbie. Then we’ll see all these vampires explode at dawn. They’ll wish that they died along with al-Megrahi.
Great post BD !
Honey bee colonies continuing to decline http://tinyurl.com/mzu9em
New deficit projections pose risks to Obama’s agenda http://tinyurl.com/kkmbse
SCENARIOS: Will new U.S. economic reports prompt action? http://tinyurl.com/noln8g
Goldman Sachs provides secret tips to super customers http://www.dn.no/forsiden/borsMarked/article1728139.ece (with google translation below)
Trading tips to selected customers to have defied the company’s analysis of the same shares.
Goldman Sachs has weekly meetings provided a few key customers information that at times has gone against the official recommendations in written reports. The meetings have been ongoing for two years, according to internal documents, the Wall Street Journal has gotten in.
In April last year, Goldman Sachs sent out an analysis of Janus Capital Group with a neutral recommendation. But at an internal meeting with Goldman-traders in the same month, it was recommended to buy the stock. The Council was then spread to around 50 of its key customers the next day. It was six days later, a new analysis where it went out that Goldman Sachs now was bullish in relation to the stock issued. When the stock had already jumped almost six per cent, writes Wall Street Journal on its website.
U.S. securities laws require that companies like Goldman Sachs are loyal to all customers and it is forbidden to give out analysis that does not reflect what the investment banks really think about the stock.
Goldman spokesman Edward Canaday told the newspaper that the meetings and share tips are intended to give consumers short-term tips, but that they never conflict with the recommendations in the long term prospects in the written analysis.
It is expected that analysts (in exclusive meetings, ed. Note) are discussing things that have an impact on the share price in the short term, even if it goes against the direction of the overall forecast suggests, “he says.
He also points out that Goldman in the written analyzes a “disclaimer” stating that Goldman’s sales people, traders and other professionals can take positions that are the opposite of what is recommended in the assays.
He said that this information goes to the top clients who have short-term investment horizon, and that Goldman does not want to overload other clients with information that is not relevant to them. Wall Street Journal points out that analysts rival Morgan Stanley, however, send out news alerts by email to thousands customers with information that affects the shares in the short term.
— to add: http://online.wsj.com/article/SB125107135585052521.html a very short article.
Oh – Note the Goldman’s disclaimer! Is that a common thing in the stocktrading world?
(prisonplanet.com) Military-Industrial Complex Prison Economy: On the Edge with Max Keiser & Ale… http://ur1.ca/a5i0
Do not read this while sipping coffee:
http://tinyurl.com/krvob2
More proof of Goldman Sachs doing insider trading.
read my blog intry re twitter and hollywood
on
beta.piratemyfilm.com
the value of premium copies on PMF can only go up from here.
it’s silly not to grab as many as you can before the reservation window closes on these projects.
Sharon:
Besides the fact that the US sets a very poor example in resolving international justice (Bhopal etc), and that Al Mag always seemed to be a patsy, I think it also demonstrates the diminishing influence of America in world matters.
I do not believe that Scotland would have taken this action on moral grounds alone – much as I would like to, politics just doesn’t work that way – with respect to BD and his very interesting post.
I will now be watching to see if Donald Trump is still going to build his new golf course, which the SNP were so keen on facilitating.. if he does then the boycott calls are just hot air, if he pulls out then we may have a very interesting episode begin to emerge as many US millionaires had seemed to be asset stripping UK entities to balance their dollar losses… such as the Glaziers at Manchester Utd.
What can we expect next if JPMorgan becomes the biggest publisher.. http://tinyurl.com/nuvjpj
News about Aleynikov! ( The Newyork Times)
But no one disputes that high-frequency trading is highly profitable. The Tabb Group, a financial markets research firm, estimates that the programs will make $8 billion this year for Wall Street firms. Bernard S. Donefer, a distinguished lecturer at Baruch College and the former head of markets systems at Fidelity Investments, says profits are even higher.
From: Arrest Over Software Illuminates Wall St. Secret http://bit.ly/eBAV
From: Arrest Over Software Illuminates Wall St. Secret http://bit.ly/eBAV
@Max
As people have only limited resources I could imagine they would commit money easier if they knew it would go to the first project they want to see finished. I mean you commit money, then you have to wait until the product is finished. Better if you can prioritize mmoney to projects 1,2,3, and then the project that starts/finishes first gets the dough. This is not unfair to other projects, the investment must have a return asap. People can only have one project on their list, in which case there is no pressure..
@sharon .. ” cats and monkeys” …. Correct.
Our cat was bitten by a fox a month ago .
He started eating grass and went pretty quiet, which is why we realized there was something wrong. My wife insisted going to the vet – which cost us 170 Euros – while the (female) vet gave my wife lots of horror stories about having to operate etc. etc.
I was convinced he would get through without antibiotics ( by eating grass etc. ), but of course – to keep the peace – I gave up and went to the vet.
B17 is very hard ( if at all ) to get in Germany.
Same with Colloidal Silver and Sodium Nitrate.
I ordered my Apricot seeds through Ebay UK .. couldn’t find them in Germany – probably forbidden as well ( due to the minute cyanide content ).
( Pharma ) Money rules the world obviously !
Nouriel Roubini: The risk of a double-dip recession is rising http://www.canadafreepress.com/index.php/article/14042
Re the colony collapse disorder, one of the central culprits could be Auxigro. Its production licence was not renewed Stateside, but elsewhere it might be on the market even today. Some countries are still being hit badly by CCD.
http://www.msgtruth.org/cropspra.htm
http://www.msgtruth.org/new_page_1.htm
Japan Airlines to cut 10% of the workforce (5,000 jobs) http://bit.ly/uEVQj
Re Lockerbie,
As a member of a local rescue team recalled, “We arrived within two hours [of the crash]. We found Americans already there.” As an author of a book pointed out “….as odd as the fact that Lockerbie is over 350 miles from London, which is the nearest point an American FBI agent might be. To reach Lockerbie that night from London, even if traveling by air, would have taken far more than one hour considering the sequence of events that would have had to occur. Assuming timely notification, an American agent in London would have had to have been tracked down considering the late hour, notified to pack up for an investigation, rush to Heathrow, board a waiting airplane, fly immediately to the nearest airport that could land a jet transport, obtain ground transportation from there to Lockerbie, then locate the command center. An effort that would require four to six hours at the minimum.”
The passengers who had to be eliminated:
http://www.skolnicksreport.com/spoliticalp.html
US suburbs become face of foreclosure http://tinyurl.com/lf852w
@Black Douglas……….and that’s not to mention that Scotland has the EU’s largest supply of oil and is home to the largest concentration of nulcear weapons in the world.
Really?! I didn’t know that. Who owns them?
Re: the rest of your post – I totally agree and talk about the pot calling the kettle black – you couldn’t make it up!
@Phil…………B17 is very hard ( if at all ) to get in Germany.
Same with Colloidal Silver and Sodium Nitrate.
Do you mean Sodium Citrate (I flippiing hope so coz that’s what I’ve got, otherwise known as MMS – Miracle Mineral Supplement, discovered by Jim Humble). If not could you let me know the difference between Nitrate and Citrate?
Re: your cat, I would have had the same opinion as you, ie. let the cat get better on its own – they know what they’re doing. I rarely take my animals to the vet and don’t believe in the shots they recommend be taken on a regular basis to expand the vets bank account. When I was young we had dogs and cats and never once took them to the vets. BTW have you seen a cats 3rd eye lid? It comes up from the bottom when they’re not well – weird.
Ptah
“I do not believe that Scotland would have taken this action on moral grounds alone – much as I would like to, politics just doesn’t work that way – with respect to BD and his very interesting post.”
I would avoid listening to the BBC or as we call it in Scotland the English Broadcasting Corporation. Their interviews on Scottish subjects are always skewed and ill-informed.
The nationalist government has claimed the moral highground here. Yes, this was an intensely political situation. Remember that their objectives relating to Scotland becoming an independet entity are not the same as the UK/US’s objectives.
Release on grounds of compassion does serve the SNP’s own political agenda as they are trying to establish Scotland as a philosophically and politically independent entity in the world.
External forces wanted to manipulate an immoral decision. By behaving independently the SNP have steered the nation in the direction of a morally justified political decision.
Their decision will be cited by future historians as another nail in the coffin of the UK.
As for boycotting Scottish products. Well, I don’t see it happening. Maybe some Americans will change their holiday destination or whatever. Further hostility towards Scotland is ill advised. If they and the Israelis want to keep their big ally in the Security council then they’d better buck up their ideas. The Chinese and a few others are chomping at the bit to undermine the US’s international hegemony. We Scots may just hand the Chinese the coup they’re looking for.
The HFT programs will make $8 billion this year for Wall Street firms. Bernard S. Donefer, a distinguished lecturer at Baruch College and the former head of markets systems at Fidelity Investments, says profits are even higher.
So, lets say $10 bill a year is $10.000 million.
How many actual trading days? I take 300.
$10.0000/300= freakin $33 mill a day!
@youri carmi US suburbs become face of foreclosure
Something is up…when Obama first started his Making Home Affordable plan..2 people I know started modifications..1 with Aurora(Lehman Bros), the other with EMC(i think JPM subsidiary now)…today they are still in a state of flux ..1 denied, 1 still in underwriting…the news seems to indicate a change in plan via other profitable activities via the foreclosure route:
The one thing you have to give these financial guys credit for is they sure know how to skin the government and by default the people
It is reported that mortgage companies are reluctant to modify mortgages as they collective lucrative fees on mortgages in default.
http://www.sltrib.com/realestate/ci_12967007
Nothing seems to help the people but the masters they doing pretty good.
Is Goldman Sachs not today’s version of the thimblerigger?
They refer to one of their “fair dealing” practices as a “trading huddle” – I call it fraud. In the so-called “huddle”, the Goldman Sachs analyst meets with a small and select group of the firm’s proprietary traders and key clients to announce in advance what the printed research report will unveil a week later. They huddle because there is a difference between what the analyst has previously represented as the firm’s position on a stock and what that analyst is soon to publish.
http://caracommunity.com/content/caras-commentary-community-chat-monday-aug-24-2009
U.S. May See 150-200 More Bank Failures http://www.cnbc.com/id/32532937
@Sharon
“@Black Douglas……….and that’s not to mention that Scotland has the EU’s largest supply of oil and is home to the largest concentration of nulcear weapons in the world.
Really?! I didn’t know that. Who owns them?”
The nukes are all densely concentrated near out largest base of population – not far from Glasgow. The proximity to so many people would be illegal in the US. Ownership is the UK Ministry of Defence and stragically important to NATO. We have the Trident submarine base not far from Glasgow and it is based there because of the conducive coastline.
The oil? Well, what do you think financed the Thatcher experiment and is now preventing the UK from being bankrupt already? While Norway across the North Sea has become rich the standard of living in Scotland has dropped.
The fool’s gold in the North Sea is still very important for the EU’s security in these times of shortages and price fluctuations. The supply during the OPEC crisis saw a lot of US government interest in securing supply – that was around the same time as the rise in ‘tartan terrorism’, mmm.
Youri Carma
Jim Willie is talking about 500 – 1, 000 banks going down which has supposedly been leaked by Sheila Bair in advance of an announcement tomorrow..
TeliaSonera, the Nordic telecom operator owned 50 per cent by the Swedish and Finnish governments, is no stranger to speculative takeovers. Last year, it turned away an unsolicited $41bn offer by France Telecom. Now it is making an opportunistic bid of its own. Its $697m cash offer for the 40 per cent minority stakes in its Estonian and Lithuanian businesses is a bet that these two Baltic economies have bottomed out – and the share prices of its listed subsidiaries, Eesti and Teo, as well.
From: TeliaSonera is betting that Estonia and Lithuania have bottomed out http://tinyurl.com/mznwd7
@BlackDouglas
Jim Willie is awesome would be a good candidate for “On The Edge”.
I think that all of us who are following these matters more closely understand this would happen eventually if only looking at the fact headlines from last half year in unemployment, foreclosures, slumb, chump, chimp etc….
Command Demand SIde Economics
This is the definition of racketeering. The term comes from the 20-30′s gangster era. Rackets were large parties that mob bosses threw to show their genrosity. However, funds for these parties were raised by exhortion. Most people forced into purchasing tickets to these rackets could not afford to attend. So these tickets were ultimately traded at a loss, back to the racketeers.
@Dante
Like I said befor; The Chickens won’t come home to roost cause they all being slaughtered. No chickenfarm anymore. Hungry after.
If federal law mandates all citizens to purchase private health insurance, won’t the majority of citizens instantly become criminals? What about minors?
You think I was kidding when I said something strange was going on with the servicers not modifying loans…read this
Fitch: Delinquency Cure Rates Worsening for U.S. Prime
http://www.calculatedriskblog.com/2009/08/fitch-dramatic-decrease-in-cure-rates.html
“cure rates” are the percentage of delinquent loans returning to a current payment status each month.
BlackDouglas: “I would avoid listening to the BBC”
Don’t worry – I pay little attention to the BBC, they have a poor track record as proven by the new media news agencies such as this blog.
“Their decision will be cited by future historians as another nail in the coffin of the UK.”
…and I hope you are correct in your analysis. The benefits of a UK break-up would also be a boost to achieving a proper form of representation in England and Wales as well as Scotland.
The globalists want a one world government – imaging their horror if the whole thing fragmented and suddenly the number of non-co-operative nation states quadrupled.
However, time will tell and I do believe your points about ‘independence’ coupled with offering the ‘Chinese a coup’ reveal the inner dynamics at work.