Stacy Summary: A sad, sad day for the Irish people. Why is it, however, that sad days for the people these days is always such a good day for bankers and banking shares?
Fine Gael leader Enda Kenny said Nama was a “fatally flawed piece of legislation.”
He told the Dáil this morning it was the “economics of the madhouse, supported by the fiction of long term economic value.”
“The Government keeps telling us that Nama is not a bail-out for the bankers. In fact, the Taoiseach gets quite annoyed when we talk about bail-outs. Then perhaps he could explain why the share price of AIB is up 25 per cent this morning? And the share price of Bank of Ireland is up 16 per cent. Isn’t this a clear sign that the banks have got a great deal at the expense of the taxpayer?”
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Got a heavy Cold today so just one post:-
WHERE IS “TOB” ?
Mike
@Mike2liverpool – in front of your eyes young one
This is the last Irishman with any sence:
http://www.youtube.com/watch?v=zs8QKXtCN9w
@Stacy: currently listening to Clif High of webbots fame…excellent prognosticator….bases his data FYI on the messages generated by the www …..and accumulates the cumulative effect of the messages/data….he speaks in segment 7 about gold and silver…
http://www.youtube.com/watch?v=PR3yrlqJmt4&feature=PlayList&p=B51B5B827DB6FB1A&index=6
It will be discovered that silver becomes a material that stores energy better than copper, etc…thus it’s value will increase as much as 1:1 he suggests compared to gold…interesting
@Rich 30 degrees
What a wieght off my mind….don’t have to feel bad about buying those $600 silver streak interconnect cables for my hi fi….I knew I’d invested my money wisely.
Mission acomplished, prececdent set. These are no longer ‘bail-outs’, they are now ‘business as usual’.
Actually, the prolonged bail-out-era gives me time to buy silver. I know the price is almost an all-time-high but I KNOW this shit is gonna hit the roof and that roof is probably the penthous on Burj Dubai!
@Mr. Supergeek; always here to serve….he continues to speak about the “new electric”…very far reaching material…also 2012 as the date when this solar system finally enters the Milky Way…apparently we haven’t been in the Milky Way yet…but a Sagitarius named galaxy that will be merged at that time…that took a weight off my shoulders as we earth folk always see apocalypse in everything…maybe 2012 isn’t as scary as the MSM makes it out to be( Y2K being the past example)
Risk assessment management to drive college tuition fees?
http://www.marketsmediaonline.com/news_detailsSec.htm?wP=27&wPI=2&cN=4405&UID=010388507340205431058810734030597
@brian
‘Stacy,
The news about projects like “Where’s Kenny Boy” is at least as interesting to me as the other news, actually much more so as it is about individual imaginative, creative response that counters and undermines the smug rollout of psychopathic power plays that are destroying human possibilities for so many, using their own weapons in ways that promise to hatch a few black swans’ DITTO
@mike king
although I respect your single mindedness about this site and the topics you consider relevant….ALL WORK AND NO PLAY MAKES JACK A DULL BOY..ALL WORK AND NO PLAY MAKES JACK A DULL BOY…ALL WORK AND NO PLAY MAKES JACK A DULL BOY…ALL WORK AND NO PLAY MAKES JACK A DULL BOY..ALL WORK AND NO PLAY MAKES JACK A DULL BOY…ALL WORK AND NO PLAY MAKES JACK A DULL BOY…ALL WORK AND NO PLAY MAKES JACK A DULL BOY..etc etc.
Its the No Investor Left Behind Act of 2009 or NILB. The markets must always rise and the Governments will ensure that happens.
“NILB is the latest federal legislation that enacts the theories of standards-based investment reform, which is based on the belief that setting high standards and establishing measurable goals can improve individual outcomes in investment. The Act requires financial institutions develop assessments in basic skills to be given to all investors in certain asset classes, if those financial institutions are to receive federal funding for investments. The Act does not assert a national achievement standard; standards are set by each individual financial institution. The Act requires that the financial institutions distribute personal information of every investor enrolled to military recruiters and institutions of higher authority, unless the student opts out”
Is this where the missing Pentagon $-Trillions are ?…
Secret Underwater Bases Pt.1
…Undergound & Undersea Facilities
Author Dr. Richard Sauder returned to discuss the latest evidence of underground bases and tunnels. During the first two segments he was joined by the Director of Astrosciences Research Network, Bill Hamilton, who became interested in underground bases as part of his research into UFOs…..
http://www.youtube.com/watch?v=OpPNQoZZS-g&feature=rec-HM-rev-rn
You never know !!
@Richard@Latitude30N:
Thanks for the web-bot link!
@Phil,….The government keep secrets !!,……..Never ! : )
I’ve always wondered what NASA is up to (in reality)
National “Asset?” Management Agency.
The banks are telling us that their liabilities are our assets. If we all follwed this logic our debt would become income, try to deposit debt into your bank account, only works for the big banksters. Private central banks have created powerful and obedeint central govenments to force this form of ‘banketeering’ upon the populace.
Ms. Third-in-line-to-the-President regarding free speech:
“I wish that we all again would curb our enthusiasm in some of the statements that are made, with the understanding that some of the ears this is falling on are not as balanced as the person making the statement might assume,” Pelosi said.
She stressed again that people are free to speak out. “But I also think they have to take responsibility for any incitement they may cause,” she said.
http://www.huffingtonpost.com/2009/09/17/pelosi-warns-of-violence_n_289999.html
Yes, like… taxes are voluntarily payed. We’re free, remember?
Yeh, but the Irish people do sad better than anybody…
You see if the average guy could play this game..he’d be doing okay…BUT he can’t. He can’t make believe…he has to own up to the situation.
Games Banks Play (WFC)
http://market-ticker.denninger.net/archives/1443-Games-Banks-Play-WFC.html
STRIKE, Irish people! Either become slaves (0n your knees) or bring the country(bankers) to it’s knees. Invoke a NATIONAL STRIKE against the banking corruption. Work stoppages up the Yazoo!
Excellent Video on Argentina after the Banking Crash
Thanks @marietta !
http://www.youtube.com/watch?v=SrGyUSgFyb4
The Company bosses took off, leaving just a shell of a factory.
The workers revived the factory themselves .. no bosses .. no executives .. just self management.
Nice quote : They now feel much better at work .. “Working with dignity” !
Must watch ! … a perfect new model for the Western world !
@scott
Ditto….You obviously know your history.
@bz
Hope you don’t mind me reprinting your poem, but it was requested!
‘Here I sit between
Mish that masher and
Schiff the splasher
Eating my peas and wondering
What was I after?
Will Obama listen to ex-Fed chief Paul Volcker’s warnings?
It was widely expected that when Obama got elected, he would keep people like Goolsbee close in the White House, but instead they sent him to the Volcker commission – “Siberia,” as one Democratic aide put it to me the other day — and generally replaced the more progressive campaign team with the money crowd from Wall Street. Meanwhile Karen Kornbluh of the New America Foundation, after being a key Obama aide on econ issues throughout the campaign, was sent packing to Europe until the end of time as an ambassador to the OECD.
The transition was instead led by people like Citigroup’s Bob Rubin, Rubin’s son Jamie, Citi exec Michael Froman (whom you might recall actually accepted a $2.2. million bonus from Citi after he was hired by the White House, and in the middle of Citi’s bailout negotiations), Larry Summers, and Tim Geithner. It’s those people who are running the economic show in the Obama White House.
http://trueslant.com/matttaibbi/2009/09/17/volcker-renews-call-for-limits-on-systemically-important-banks/
@Phil
Glad you liked it.
Here’s another good one about how US economy f***ed the average Chinese worker and why the Chinese government is pissed off to the point of dumping the dollar (my conclusion):
http://www.youtube.com/watch?v=YEDFgJACMcQ
Regarding the Argentina vid. At the end didn’t you find it a bit sad to see women in US all happy about selling their gold jewelry for dollars? They felt so empowered! They’ll be wishing they had kept it in the not so distant future.
my last 2 posts are “are awaiting moderation.” Are there conduct rules that I need to know about?
@marietta .. don’t worry, happens all the time.
.. especially to Sharon !
BTW .. where is she ? …. yet again !
@Dante:
” Meanwhile Karen Kornbluh of the New America Foundation, after being a key Obama aide on econ issues throughout the campaign, was sent packing to Europe until the end of time as an ambassador to the OECD.”
Taibbi overlooks the importance of the OECD which works as a functioning arm of the G20 policy group. The appointment of Kombluh to this group in this position is not a “sent packing” job but a job of utmost intimacy with power.
Taibbi is not seeing the global governance agenda in place operating offshore but affecting policy in the US. The call that bank regulations are being instituted by Volkner is a willful ignorance to the basel ii agenda pillars being set in place by the Basel Committee to operate worldwide this next year.
Here’s the link for the OECD:
http://www.oecd.org/home/0,2987,en_2649_201185_1_1_1_1_1,00.html
OECD/IMF/BIS joint venture:
http://www.imf.org/external/np/sta/ed/joint.htm
@FRANCES …You may be correct but the gist of article is to point out why the “change’ people voted for has not occurred…and why it’s business as usual….in the States and from what I can see in Euroland too!
@phil
Thanks for the reassurance!
I was trying to post this link regarding the effect of US economy woes on the average Chinese worker:
http://www.youtube.com/watch?v=YEDFgJACMcQ
Hope this one gets through!
Oh, DANTE, the change will not come through the channels Mr. Taibbi mourns because the branches were pruned. We are paying to keep on useless dignitaries for show. The power is coming from the OECD, IMF, BIS, ECB and UN/EU. The power was never meant to come through Romer or Volkner or any operative in Washington.
Your Taibbi writes:
“There is a larger story to be done about how Obama did a bit of a bait-and-switch, hiring progressives to run his campaign and jettisoning them once he got into office”
How has Karen Kornbluh been jettisoned? She was promoted to high position in policy. Policy is run by global agents. The American public’s intellect has been jettisoned, by the press or by agreement of trust I don’t know.
You tell me.
@marietta .. thanks .. another must see video !
Actually, I watched that one a few weeks ago ; and yes, the 2 economies are very much intertwined
@Dante:
The change people voted in was for global governance whether the people were aware of the gist of the change or not. It is progressive and totally collective but regrettably totalitarian.
@Frances..I agree…everything’s a sham…and I’m not exactly sure what the real alternatives are that would benefit everyone.
The video shows the questioning of Elizabeth Coleman, Inspector General of the Federal Reserve, by Alan Grayson, in search of a couple of missing $trillions.
@Dante:
The only fight would be to stop using the currency now. Withdraw from whatever is fueling the beast’s engine room. Mep mentioned it.
USE the gold now for currency.
However we could begin: to deliver men from the bondage to paper money or debt.
Here’s a video about an effort to coin our own money:
There is a larger story to be done about how Obama did a bit of a bait-and-switch, hiring progressives to run his campaign and jettisoning them once he got into office
THE NEW SYSTEM WILL BE ENSLAVEMENT TO CORPORATIONS THROUGH CARBON CREDITS JUST LIKE DEDO LINKED.
The hour is at hand: but the powers to be will operate next through chaos.
ooops..Dedo made me link paranoid:
http://www.youtube.com/watch?v=qmNIdbl8cyk
WHERE’S TAM NZ ?!?!??!
No show this week?
@frances snoot .. Liberty $
Yeah , I remember seeing that when it happened !
Just too crazy !
Getting arrested for printing honest money !
@Phil:
Honest and money are oxymorons!
I mean, I wonder if Nancy Pelosi and Barney Frank would handle the power to coin well?
If we assume money corrupts, then perhaps we do well to limit the power of money.
Denninger 2 days ago …
WARNING: Deflationary Collapse Dead Ahead
http://market-ticker.denninger.net/archives/1439-WARNING-Deflationary-Collapse-Dead-Ahead.html
@frances snoot … ” Honest and money are oxymorons! ”
Not in the Islamic world !!
UK Guardian – America’s failed model for the world
…Europeans keep asking me, has America lost its mind? From healthcare to its economy, the US is looking merely average…
http://www.guardian.co.uk/commentisfree/cifamerica/2009/sep/15/europe-us-healthcare-economy
@Phil:
Can we appoint you as comptroller of the currency?
@frances snoot … ” Can we appoint you as comptroller of the currency?”
I would gladly oblige if it weren’t for the risk of getting raided by the FBI & CIA !
OTOH, I would just love the job of watching banksters being made to count their physical Gold and Silver deposits EVERY DAY .. by hand !
“Don’t send us body bags, help us organize, send us medicine,” he said in a statement.
http://www.edmontonsun.com/news/canada/2009/09/17/10949831-sun.html
Maybe they need the body bags after they take the medicine ?
Taibbi also believes the “911″ government story, so you can fool some of the people some of the time….
Take his perspectives with a grain of salt.
@Phil,……RE: The Guardian link,..quote from journalist Stephen Hill:
I was treated to a dose of the common wisdom that is taking hold here. (meaning propaganda is working)
The common wisdom: “I don’t understand you Americans. You blow billions on a useless war in Afghanistan and Iraq, and billions more to bail out banks that nearly bankrupted the world economy.
Intelligent folk parrot this stuff all day long!!,….
The art of persuasion,..quite the science, isn’t it.
re: “don’t understand you Americans….” it’s because the American People are not making the choices, corporations, military industrial complex and banksters are buying the government to do as they want.
Once you understand that, it all makes sense.
@naomi,……You do get the point I was tryin’ to make,..
” Don’t ya” ? (I hope) : /
It seems everybody gets the point but nobody gives the answers.
If you truly want social equity, you will have to fight for change.
http://caracommunity.com/content/caras-commentary-community-chat-thursday-sept-17-2009
Thanks for the link to the discussion, Dante!
@Dedo:
Sometimes your meaning is a tad ambiguous. ONLY sometimes…
@Frances,…..You’re good with words,….try and explain the point I was trying to make,……if ya feel lucky,….well do ya,..”punk” ?
Tune in America! Guns, Guts, Gold, and Glory!
Oh, and now a word from our sponsors:
http://www.topnews.in/files/European-Central-Bank-Logo_1.png
Dedo:
Well?
@Smartarse,…….http://www.youtube.com/watch?v=2MJPAWG-BC0
http://www.youtube.com/watch?v=2MJPAWG-BC0
Oh the French, the French. What bravery and inspiration they give to us all. That gave me a big smile.
Title: “French Car Workers Cause Chaos In The Stock Exchange..”
http://www.liveleak.com/view?i=a4d_1253214267
(wonder if a disguised Max were lurking around kicking stuff too…?)
I guess if this is true the little people in China will over run the big thief’s in the US:
Gold mania in China
You can buy gold in China at any bank– even tiny banks in tier-3 cities sell gold. More importantly, however, the government is setting up official Chinese Mint stores all over the country.
http://www.sovereignman.com/finance/gold-mania-in-china/
@Dedo:
So you think I’m tough like Clint Eastwood, eh?
@Frances,……enough already,..!!!! grrrrr
3 comments out of 62 relevant to the topic. maxkeiser.com posters have exceeded even my own expectations of their irrelevance.
Ever wondered why the bankers have had such an easy time robbing the public purse?
http://www.nama.ie/
for the NAMA tenders currently open, and for recruitment queries please contact [email protected]
‘gi’s a job!’
@HarryW:
That would be 5% relevant, only Stacy usually allows a little deviance unless we mention lizards.
http://en.wikipedia.org/wiki/Rise_and_Fall_of_the_City_of_Mahagonny
Rise and Fall of the City of Mahagonny (Aufstieg und Fall der Stadt Mahagonny) is a political-satirical opera composed by Kurt Weill to a German libretto by Bertolt Brecht. It was first performed in Leipzig on March 9, 1930.
[...]
Another trope of operas is the deus ex machina, in which the protagonist is saved at the last minute by divine intervention. This is a useful technique to quickly wrap up a story and make a happy ending, and has been used in drama many times. In Mahagonny, though there are no supernatural occurrences for most of the opera, there is in fact a deus ex machina; God himself comes to Mahagonny right before Jimmy is executed. The typical opera would have God solving all the problems just in time for the end of the opera, but Mahagonny’s god does not. He does not even acknowledge that Jimmy is tied up and ready to be killed, but at least tries to fix the moral problems in Mahagonny. He tries to convince them to give up their degraded way of life, but the residents all refuse the offer. God then tells them literally to go to hell, but the people are not even offended; they proclaim that they already are in hell so that is no punishment. After fixing nothing, God then lets Jimmy have his say. Jimmy realizes that money did not buy him happiness or freedom, and he has learned his lesson. However, God does not spare him even then, and Jimmy is executed off-stage.
[...]
Mahagonny as Capitalism
Mahagonny as a city was also intended to be a parable of capitalism stripped of its veneer of bourgeois respectability, as it “arose to meet the needs and desires of the people, and it was these same needs and desires that brought about its destruction”.[3] Ultimately, this was also intended as a commentary on the state of Weimar Germany; underneath that facade of prosperity and happiness, lay corruption and savagery. Under Brecht’s (and to some extent Weill’s) Marxist-influenced view of capitalism, it is created to provide people the goods and services they need, but it does so at the expense of reducing everything to a mere commodity. Furthermore, since obtaining wealth in capitalism is a cutthroat enterprise, the powerful are no better than a gang of bandits, and the law in turn is run by such thugs.
The city of Mahagonny embodies many of these characteristics. Mahagonny was originally created to provide people with useful services; the gold prospectors wanted a relaxation spot, and the three criminals needed to stay there. However, this led to the commodification of everything the tourists desired, especially love. In the end, nobody could buy true happiness; Alaska Wolf Joe and Jacob Schmidt died, the city is burning down, and Jimmy declared before his death that “[t]he happiness I bought was no happiness”. His death was also ordered by the court of law, which was run by the three criminals. To make matters even more farcical, they let a murderer bribe his way to freedom while Jimmy is sentenced to death for petty crimes. The parallels between the events of Mahagonny and the Marxist view of capitalism are clear.
To make the comparison more obvious, the opera is set in a pseudo-Wild West America, with Mahagonny itself placed somewhere far from the rest of civilization. America was the land of unbridled capitalism, the frontier just as much so. The only difference is that bourgeois civility and civilization has yet to occupy the frontier, and thus there is no hiding the nature of capitalism beneath the facade of gentlemanly conduct. In Mahagonny, the characters are prostitutes, lumberjacks, criminals, and the like. Not one of them comes from the moneyed class, and yet the same system of exploitation was set up, but in a more naked manner. Instead of seducing a woman’s love with power and influence, the residents of Mahagonny pay for a prostitute. But in Mahagonny, poverty is not just a condition the poor bring upon themselves, but a crime to be punished. Thus, Brecht and Weill tried to display capitalism as the meatgrinder they believed it to be.
@harry_w …
1 link posted
Zero comment
.. and then you complain about us ?
PS:
You may not have noticed – being a late-comer – that we have already discussed many of the important topics to death !
@Harry,……..Bankers!!!?,..what!,…where,…Huh!!
New study: 44,000 Americans dead each year due to lack f health insurance:
http://www.singlepayeraction.org/blog/?p=1481
Hey Max thanks…..art really does imitate life
http://www.youtube.com/watch?v=acLW1vFO-2Q
Funny guy this Howard Lindzon…his idea about using cash or debit hits home:
American Express and The Recovery…Does the Connection Matter Anymore?
http://howardlindzon.com/2009/09/16/american-express-and-the-recovery-does-the-connection-matter-anymore/
Hi folks.
Nico Isaac (Elliot Wave analyst) seems to think that swine flu was invented because of a fall in ‘lean hog prices’ on the market. Thats why its gone away so fast, price have recovered.
http://gainesville.elliottwave.com/t/80674/3596026/6524/0/
There is a great line towards the end where he says….
“Once lean hogs does find its bottom, a corrective advance is expected to develop.”
Nooooo, you can’t say that? Can you?
10 questions with Ron Paul
Time magazine
http://www.time.com/time/video/player/0,32068,40773645001_1924788,00.html
America is dead , it is the smaal group of rich /goverment people getting as much money as they can before they finish the system off then it is off to some sort of highly controlled dicator. Hope I am not a member of the group they decide to focus everyones anger on. But I am.
Where did all the $ go that generated this recovery? Somebody better call it back to plug this hole….
Exclusive – Wells Fargo’s Commercial Portfolio is a ticking time bomb
Wachovia, which Wells purchased last fall as it teetered on the brink of collapse, was so desperate to increase revenue in the last few years of its existence that it underwrote loans with extremely shoddy standards and paid traders to take them off their books.
According to sources currently working out these loans at Wells Fargo, when selling tranches of commercial mortgage-backed securities below the super senior tranche, Wachovia promised to pay the buyer’s risk premium by writing credit default swap contracts against these subordinate bonds. Dan Alpert of Westwood Capital says these were practices that he saw going on in the market at large.
http://bankimplode.com/blog/2009/09/17/wells-fargo-s-commercial-portfolio-is-a-ticking-time-bomb-exclusive/
U.S. regulators propose ban on “flash” trading http://tinyurl.com/kw4upw
U.S. Fed balance sheet grows to biggest since May http://link.reuters.com/far37d
@ Max……….
HEY!!!!! In my opinion, you have a great deal to do with this SEC proposal. NICE WORK!
http://www.nytimes.com/2009/09/18/business/18regulate.html?partner=rss&emc=rss
Keep Spreading the truth!
Joe
Free us from stimulus!
http://www.theage.com.au/blogs/econogirl/farewell-and-good-riddance-to-the-first-home-owners-boost/20090914-fnh5.html?posted=sucessful#makeComment
http://www.lewrockwell.com/podcast/?p=episode&name=2009-09-08_138_what_you_dont_know_about_ron_paul.mp3
Right or wrong, the guy does not waffle…
Pound Declines for Second Day as Banking Concerns Resurface http://tinyurl.com/ngd6yk
MONEY MARKET FUNDS NO LONGER GUARANTEED http://tinyurl.com/mq6dcw
Bernanke May Accept Slow Recovery to Fight Inflation http://tinyurl.com/nee3cd
http://renegadeeconomist.com/news/bloomberg-fed-systemic-regulator-eased-crisis.html
Anti Human campaign starts!
Contraception vital in climate change fight: expert http://link.reuters.com/wuk47d
@Palantiri – thanks for the link to the vid of French autoworkers storming the bourse; interesting, however, that the French state, on behalf of the bankers and oligarchs, have not adopted the US style provocateur in hoodie and face mask to discredit their entire platform . . . the population always, always believes it is true and vents their anger at the fake protestor onto the real ones
400 Banks – List from MSNBC
The 400 biggest banks and their troubled loans
http://www.msnbc.msn.com/id/29619236/ns/business-us_business/
Notes on Wells Fargo – WFC
Wells Fargo’s Commercial Book: Implosion Alert?
http://seekingalpha.com/article/162056-wells-fargo-s-commercial-book-implosion-alert
Bears take a bite out of Wells Fargo
http://www.optionmonster.com/news/article.jsp?page=commentary/in_the_news/bears_take_a_bite_out_of_wells_fargo_37966.html&cookie_test=0
Exclusive – Wells Fargo’s Commercial Portfolio is a ticking time bomb
http://bankimplode.com/blog/2009/09/17/wells-fargo-s-commercial-portfolio-is-a-ticking-time-bomb-exclusive/
…By Teri Buhl for BankImplode.com
In order to sort through the disaster that is Wells Fargo’s (quote: WFC) commercial loan portfolio, the bank has hired help from outside experts to pour over the books… and they are shocked with what they are seeing. Not only do the bank’s outstanding commercial loans collectively exceed the property values to which they are attached, but derivative trades leftover from its acquisition of Wachovia are creating another set of problems for the already beleaguered San Francisco-based megabank….
How ironic !!!
World’s 2 most valuable brands: Coca-Cola, IBM
http://finance.yahoo.com/news/Worlds-2-most-valuable-brands-apf-2466285000.html?x=0
Ex-Barclays bankers stand to make $400m for managing toxic assets http://tinyurl.com/l45acr
“By the way, Warren Buffett says he knows Wells Fargo’s book better than bank examiners and that the company is doing just fine. We shall see…”
But Warren Buffett got also more tax payers money than everybody so…
From: Wells Fargo’s Commercial Book: Implosion Alert? http://tinyurl.com/mwrcuk
Zero Hedge update:
1. SEC bans flash trading
2. CNBC viewership down 37%
Hallelujah sweet jesus, PRAISE THE LORD!!!
Looming Global Debt Crisis, by Bob Chapman http://tinyurl.com/nsdpf7
@Danny …” 2. CNBC viewership down 37% ”
No wonder Maria keeps sending me Email invitations !
“As you know we believe the Fed has five major banks buying US Treasuries with the dollars they received in the latest $500 billion currency swap.
Now we hear from Rob Kirby and Ellen Brown that Bernanke is using hedge funds in the CAYMAN ISLANDS to secretly buy huge sums of US Treasuries. [/color]
Caribbean banks are doing the buying. Others believe the Fed is the direct buyer and has been for some time. We give these reports great credence, because the Chinese, Japanese and Europeans are not buyers and have not been buyers for some time.”
From: Looming Global Debt Crisis by Bob Chapman, September 17, 2009 (Global Research) http://tinyurl.com/nsdpf7
Ireland pays £48bn to rescue five banks from toxic debts http://tinyurl.com/lwzvoh
@Phil,
What makes you think I’m a latecomer? I’ve been posting since I saw Max on an Financial Times blog waving a banana, Sept 2008 I think. Probably before many current posters, later than some long-standing TAMs listeners — who are a rare breed indeed.
I haven’t noticed that we have already discussed many of the important topics to death. From my perspective, the trivia of American politics is discussed to death, mostly in the paranoid style of conspiracy theory.
Important issues which are raised as topics by Stacy, like US backing for the recent coup in Honduras, tend to get drowned in the same old monomaniacal nonsense. I just think those concerned should keep that to topics where it’s at least marginally relevant.
@ frances,
Yes, about 5% relevant. The bar has been raised, or lowered, depending on your point of view.
Going back to the Irish Times article:
24 hours later and here is potentially a propagandist use of NLP to re-present the situation by this Irish Times headline..
“Greens must accept Nama to stay in Government, says Gormley”
http://tiny.cc/bpDSq
( In NLP you influence people by making statements, negative or positive, that still contain a command of what you want someone to do.)
kenny should not perhaps worry about socialisizing bank losses. This scheme via nama will endeveour to inflate property
values with the aid of non traditional bank lending practices[profiteering]. The tax payer may even make a profit on this scheme but ultimately will lose on sustained local and traded .economy losses. Roll on the european super regulator,
the local variety are spineless.
@supergeek …….. @ to ALL
I teach kindergarten in Hua Hin Thailand. Students are three to five year olds. I have taught children for more than 30 years. I am 53 years old but commonly am told I look 38. A totally clean lifestyle and working with children has lead to that. The students enjoy my teaching the most compared with ALL the teachers here and I am very good at what I do. My reputation is the “fun” teacher. The kids love my love for them. I love children and respect them. Children deserve much patience and understanding because they are children. I have a 5 year old son. He goes to the same school and he is in my class on Thursdays. I have taken care of him 24/7 since he was 2yrs. He has no mother 24/7 is devoted to him. We are as tight and loving as any father and son can be. I hug him and tell him I love him ALL the time. He does the same. I am worried about our future and I have sleepless nights.
To reiterate a past post:
We are all about to be unwillingly involved in the most horrendous events in the history of mankind.
EVERYONES “security” that they have come to depend is being systematically removed. We will be in a fight for survival in the near future. My family in the United States is losing all security as well in a big was as are all citizens of the USA and the world. The entity is extracting the wealth and savings of every citizen on the planet for their… and only their…. benefit to continue their control over us. Through my past research years ago to the present, I have managed to be slightly ahead of the agenda to collapse the world financial system and moved out of the USA despite family and friends thinking I am crazy. They do not think I am crazy anymore.
The deliberate financial and possible bio agenda will be devastating and has already begun. There is absolutely no chance that things will get better…… it is going to get much, much worse. Obama is a complete partner to the entity as were all the Presidents since Nixon. Obama is completely aware of the agenda, he is employed directly by the entity. He is doing exactly as he is told by the entity and……….. he is reading, like a mynah bird, exactly what the entity wants him to say on those two teleprompters he utilizes at every single address. (Your continued research will lead you to believing this if you currently do not. Anyway………I have told my brothers to complete passports and put together a “hail Mary” plan in short order.
These are serious times and most people of the globe do not remotely comprehend these horrific events to occur within several years if not months, much less why. It’s time to focus and yes…. things can be done. What I am not sure….. I know what will not work such as things like Auditing the Fed which is useless. (They want the Fed to “retire”…. This is about creating a “new global” Fed for themselves.)
Most of the info on this site is impertinent. People here do not like that comment. As time goes on the picture will become clearer and they will understand my comment. My opinions are viewed as arrogance. I am not. I am a no body guy teaching kids in Thailand that has been into researching this crisis even before it was implemented. As time goes on the picture of truth becomes more and more clear and you end up becoming annoyed with all the massive amounts of deliberate misdirecting information that the entity (through their bought and paid for media machine) shovels out 24/7 spanning generations. They have been treating the entire population of the world as sheep being lead to a slaughter for more than 50 years and laughing at our ignorance as to the truth of what is going on. Lastly, keep this in mind. The comments I type on this blog as being rude, obnoxious and hostile may not be for those reasons.