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Tags: max keiser · rdu · stacy herbert184 Comments
September 9th, 2009 by
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Latest News Appearances
Max explains Wall St.'s financial terrorism to radio listeners in Moscow
The U.S. Dollar Is Now Officially In Trouble
In an article published Sunday by the Telegraph-UK in London, and the content of which was not to be found anywhere near the mainstream media in the U.S., a former high level Chinese Communist Party official spoke quite candidly about the steps China is taking to protect itself from the catastrophically reckless fiscal and monetary policies being executed by the Fed and the Obama Administration:
..
..
http://truthingold.blogspot.com/2009/09/us-dollar-is-now-in-trouble.html
Oops, meant to say Channel 4 (main news here in UK).
China is now a net SELLER of U.S. Treasury notes and bonds!
http://www.moneyandmarkets.com/china-is-now-a-net-seller-of-us-treasury-notes-and-bonds-2-35365
Higher Interest Rates: Not a Question of ‘If’ but ‘When’
http://seekingalpha.com/article/160163-higher-interest-rates-not-a-question-of-if-but-when
Swiss topple U.S. as most competitive economy: WEF
http://www.reuters.com/article/newsOne/idUSTRE58718620090908
Good Russia Today interview Keiser
@Phil – that’s awesome that you saw the Russia Today interview! I am still waiting for the Youtube version of it . . . will post it as soon as I get it
@Sharon – I think the spam guard throws anything to spam that has more than five or six links
Also I think for some reason the spam guard has tagged ‘gold’ and ‘China’ as a spam word? Hard to tell though
@sharon
Perhaps. A few more people will take a look than would have otherwise. From the few items I have read, the bigger story seems to be the ‘hoax’ perpetrated by Alex. Although it is claimed that the disclaimer was accidentally left out of the original version, I find that a bit hard to swallow. It was presented as an exposive event. A fictional letter is not an explosive event. Charlie Sheen seeking an audience (audience, like Obama is the pope – sheesh) is not an explosive event. Recall that Alex said that anything happened to him, this information was set to get out regardless. Alex misjudged the reaction to this stunt.
I hope you are right and some good will come from this and that he has not harmed the growing consensus calling for a new investigation into the events of 911.
@stacy
I posted the youtube link to the RT interview earlier, around comment 50 I think.
http://www.youtube.com/watch?v=d-UUBTASHHU
RT interview with Max
WAHAHHH!
SALES OF CHAMPAGNE is DOWN 20 percent in Belgium FIFTY PERCENT DOWN IN THE US!!!!
champagne producers are lowering their champagne production by FOURTY percent!!!
@Youri:
Try Reuters: dude
http://search.us.reuters.com/query/?q=The%20Alex%20Jones%20Show%3A%20Charlie%20Sheen%20Requests%20Meeting%20With%20Obama%20Over%209%2F11%20Cover-Up&s=US&searchWhere=NEWS
@stacyherbert
Yep, and I LL UM INATI
@frances snoot
Let me fill you in here. On a lot of webpages the search function is a load of crap.
@lastoftheantimodernists
Maybe we can make an engine running on Champagne to help them
US Girl Scouts prepare for war, pestilence http://tinyurl.com/nwkz9y
Temp Chart Hiring Shows Job Rebound Isn’t Imminent http://twitpic.com/h3oad
Coming Soon: Interest-Only Mortgage Defaults http://bit.ly/dZjOB More bad news for Real Estate
@Youri:
Ditto Alex Jones…er….load of crap.
Max is on Russia Today again (I think a different segment coz hr’s talking about Americans feeling sick which I don’t recall from the 1st bit). It’s good coz Russia Today will show it several times today and possibly other days as well.
@Youri
“Maybe we can make an engine running on Champagne to help them”
http://bible.cc/ecclesiastes/1-9.htm
In 1913 Jules Goux consumed six bottles of champagne on his way to winning the Indy 500.
http://www.mudsharkracing.com/goux.htm
@Stacy…thanks, I’ll bear that in mind.
Floating Derivatives In Uncertain Waters Increases Risk of Drowning http://bit.ly/YgiuR
@Dan II……….It’s made the msm in a big way and even more importantly it goes through the major inconsistencies – I’d say that’s a big deal! If people begin to understand that their gov and the banksters are capable of such an evil act there will hell to pay. If I’m wrong on that then I bloody give up!
The Lizard People have force-fed Alex Jones Nigerian Yellow-Cake!!!!
STAND BACK!!!
http://www.youtube.com/watch?v=LhqUk28OwHs
@Max – All
This stuff must be interesting with your Wallstreet Software background and all.
Ptech built Supply Chain Infrastructure – Destruction of Free Market http://www.vimeo.com/5770472
@francis: so you hold no credence to the Christopher Story tale that a Leo Wanta was involved in a covert operation promoted by Reagan to topple the Soviet ruble that amounted to several trillion??? see the archive @ http://www.worldreports.org ??????
@Richard@Latitude30N:
No! I was only speculating about short-term Treasuries.
@Youri
That Ptech Vid was creepy…
but, I’ve found flaws in the UNISYS promise…
(to which I won’t discuss it)
Although Sandra Bullock’s character intimated the underlying issues…
however,
I need to know…
Are you a Spook?
You better fess up, or else I will track you down
and Urine-board you…
HEY YOU!!!!
YES YOU
Why haven’t you gotten in on the action on PIRATE MY FILM yet?
A Tequila with God
is going to be a fuckin HIT
like EL MARIACHI was in the early 90′s
Just think…
by ordering a handful of copies
you could potentially get a return of 4500%
That’s a helluva lot better than GOLD, kids…
even a 10 bagger won’t get you that kind of cash
AND a good flick to boot!!!
Don’t DELAY
DO IT
NOW
Thou art the Executive Producer
Fuck hollywood with a flaming broom handle
@William & Youri,
I respect your CO2 comments. Like you say Youri, let’s not debate this here and let’s stick to the financial stuff….but its a debate worth having.
Sry – off topic
@ Giuseppe Bagoshite
The Lizard People have force-fed Alex Jones Nigerian Yellow-Cake!!!!
STAND BACK!!!
Haha, thanks for that.
The romanisation, the translation system, of the city formally known as Peking, changed not the city. Or did I miss the joke?
Excellent show by the way. I like to hear a little bit of trading talk personally.
Good show, a marked improvement of the weirdness of his Alex Jones hit last week.
My continued struggle in the inflation debate, check this out, this is the Virginia Tech radio station listserv, I am the only one that isn’t buying this guy Daniel’s wild claims and outrageous premises for them:
For the hundred and first time, the money supply, look at it, yet note that it
hasn’t been injected into the economy yet!
“But the rule of thumb is that money added to the money
supply by a central bank starts to have it full effect about six months after
being added.” – This is what I said to you a year ago, however, the trillions
added to the money supply haven’t seen the light of day yet, look at the senate
hearings grilling the Fed people on the whereabouts of the money. THe banks
have hoarded the money, not increased lending or liquidity. You can’t say just
because it’s a year later there won’t be inflation. Yes, there is wage
deflation and in commodities, but that doesn’t have anything to do with the
point about money actually being injected into the real economy, as opposed to
sitting on banks’ secret balance sheets no one can see. And the POINT IS – at
what point the money gets injected into the real economy!!!!!
You’re ignoring quite a bit while pointing to things like the CPI like it’s the
only thing worth looking at, and we can go on ignoring these other
insignificant things like 20 tril, unknown amounts of money that are worth
knowing.
“But where did that money come from? You didn’t have it
> before and neither did the bank, the merchants or the rest. The answer is
> that
> within the group of you, you all have created $500 and added it to the money
> supply.”
Yes, where did the money come from? You’re correct in later saying that the
gov’t didn’t create it. Private banks did. Under the name of the Federal
Reserve. They are loaning it to us at interest. This is a big reason we
parted with England (the Bank of England) when we fought the Revolutionary war.
Then in 1913, after a lot of struggle since that time, the Bank of England wins
back control of our central banking system through the illegitamite Federal
Reserve Act, written by bankers, not legislators. So we stop having a truly
national central bank – in the Constitution it says that only Congress has the
authority to coin and regulate money. This was a big deal since the founding
of this country. But go ahead and continue to defend the private bankers.
Just because gold mining is bad for the environment? or is there another
reason?
People are going back to work? Things are going to be OK? Read the headlines?
YOU are the wingnut!
By the way the unemployment figures in the US are fudged in a major way. They
leave out the people who were already unemployed the month before, things like
that.
Quoting Daniel Heyman :
>
>
>
> Hey, that’s a really video cool! I had an economics professor who
> gave the class the lyrics to that Peter Tosh song to study in a class on
> economic crises.
>
>
>
> TWENTY FOUR YEARS AGO, IN ***1985***
>
>
>
> The dollar still hasn’t “died.”
>
>
>
> And as a matter of fact, that professor was a Marxist. And a
> real one, not a “Nancy Pelosi/George Soros/Barack Obama is a Socialist who
> wants to take my guns” teabag boogyman Marxist, either.
>
>
>
> Mr. Dyke wrote “I said mark my word, there will come a day.”
> Well I did mark his words. That’s the point. A year later and still no
> hyper-inflation, still no martial law. I really don’t want to get into this,
> but since I’m desperate for a reason to be smug, I guess I’ll have to run a
> clinic in basic economics.
>
>
>
> (I’m not even going to bother refuting a bunch of broken
> links about job openings as National Guard internment camp guards. Must be
> the
> people who are going to operate the Obama Care Death Panels. This shit gets
> too
> incoherent to even argue over. By the way, a little more openness at the fed
> is
> probably not a bad idea, but also not a big deal. Nothing compared the
> reality
> that the Keynesians at the central banks just rescued our collective asses,
> and
> may even make money for the taxpayers doing it.
> http://www.nytimes.com/2009/09/11/business/11bailout.html?hp)
>
>
>
> The question before us (not that I expect Mr. Dyke to
> listen) is why do we not have hyper-inflation? Another way to put this is to
> ask why did even a monetarist as dedicated as Milton Friedman totally oppose
> the gold standard?
>
>
>
> Let’s start with Chart One – the CPI, which you should find
> attached to your e-mail. This is the inflation rate. Since average prices are
> in real danger of falling off the bottom of the chart, I think we can agree
> that we are not in hyper-inflation.
>
>
>
> But wait, ask the wingnuts, how can that be? The central
> banks and others (notably in the U.S. the fed and the treasury department)
> have
> been adding to the money supply at a furious rate. See Chart Two – The Money
> Supply. It’s been exploding, especially starting about a year ago. The
> theories
> we wingnuts all follow says when the money supply goes up, so must prices.
>
>
>
> But the rule of thumb is that money added to the money
> supply by a central bank starts to have it full effect about six months after
> being added. Yet prices have not exploded. And they won’t.
>
>
>
> See Chart Three – Bank Credit. If you look closely you will
> see that bank credit dropped off sharply last fall, right at about the same
> time the money supply was really starting to increase. This is not an
> accident.
> The increase in the money supply was made to (and had the effect of)
> REPLACING
> the money that was in essence being taken OUT of the system by the banks.
>
>
>
> To see how this works we need to take a step back. The first
> thing we have to understand is that banks, merchants, credit card companies
> and
> consumers ADD MONEY TO THE MONEY SUPPLY EVERY DAY. It’s a normal result of
> how
> credit operates. This about it this way – say you have no money, but you get
> a
> credit card in the mail. You use that plastic to go out and buy $500 dollars
> worth of stuff. The merchants get their $500 and pay their workers and
> suppliers etc. So that $500 worth of purchases represent economic activity.
>
>
>
> But where did that money come from? You didn’t have it
> before and neither did the bank, the merchants or the rest. The answer is
> that
> within the group of you, you all have created $500 and added it to the money
> supply.
>
>
>
> Now, this makes people nervous. It should. Ideally this new
> money is absorbed into the growing economy and put to use. This is the second
> thing we need to understand – capitalist economies HAVE to grow, or they get
> sick. But they normally increase by several percent per year. Which means we
> can have, in fact SHOULD have an increasing money supply to match that
> growth.
>
>
>
> But just because someone mails you a credit card does not
> mean you or the economy can afford to run up a bunch of debt. But the fed and
> the treasury only deserve a small part of the blame for letting that
> situation
> get out of control.
>
>
>
> What they have done, and done it well in this case, is deal
> with the crisis that comes when everyone in the system shits in their pants
> and
> realizes they can’t maintain the pace of growth. The government is not the
> only
> one adding to the money supply, but it’s the only one that can decide it
> wants
> to step in when everyone else is pulling back. That’s one essential lesson of
> Keynesianism.
>
>
>
> Which brings us to Milton Friedman and the gold standard.
> The production of gold IS terrible for the environment and for the people who
> have to mine it or live around the mines. But the essential point about it
> economically is that it is inflexible. You can’t increase the amount of it
> when
> the economy needs a larger money supply. Which is why Friedman was totally
> opposed to anything like a gold standard. Friedman said the money supply
> should
> be increased at a slow steady rate – three or four percent per year – in
> harmony with the level of economic growth. But it was to be an INTENTIONAL
> increase,
> not just a random thing that depends of the mining company in Alberta or
> South
> Africa hitting a rich vein.
>
>
>
> How can I say that the fed and the treasury have done a good
> job in handing this crisis? I’ll let you read the headlines for yourself, but
> one key measure (the one the president has pointed to) is that the
> unemployment
> rate seems to be topping out. People are going back to work. There are other
> metrics to watch: as we’ve seen inflation is not going hyper; the dollar is
> down and gold is up, but neither one by much; the banks are paying the TARP
> back; and federal bonds are still selling well at a good price.
>
>
>
> Then there is the stock exchange – chart 4. I’m not a big
> fan of measuring everything by stock prices, but in this case there is a
> clear
> corollary pattern. Stock exchanges tend to be a leading indicator, several
> months ahead of the broader economy. And last summer the bottom fell out of
> the
> Dow. But it’s been climbing since the beginning of the year.
>
>
>
> Class dismissed.
>
>
>
>
> Dan Heyman
Hi,
I live in the USA. I’m not happy at all with what wall street et al have gotten away with. I don’t think I’m a complete idiot or have no idea of what is going on here.
I would appreciate Max not talking about how dumb down we Americans are or that we don’t know whats going on. Many posts on blogs, articles, and forums are removed if they don’t support the insanity.
I’ve been to UK and Paris and have a lot of nice people as well as a number of people who are … truly stupid!
Have a good day