Stacy Summary: Calpers not only operated as the Last Ponzi for their clients, they also engaged in loads of socially irresponsible lending . . . despite their frequent statements otherwise.
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Stacy Summary: Thanks @DanII for sending me the link. US dollar, US empire, and more. Let me watch it now!
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Stacy Summary: The Truth About Markets. Kiwi style.
For more download & listening options visit Archive dot org
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Stacy Summary: We are recording two shows today and Truth About Markets NZ should be up here shortly. In the meantime, here are some Keiser links in the news today!!
And from Russia Today, Max comes in around 0.52 seconds:
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Stacy Summary: Hopefully Mike/Liverpool’s thing of beauty will happen soon so we can move past that . . . ! And please please let’s talk about some financial news headlines and lay off the lizard people stuff for just one night. Unless you are being paid to post such comments, of course; don’t want to put you out of a job in these tough times.
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Stacy Summary: Over the past year, there certainly has been loads of talk about dumping the dollar. When, however, will we move past the headline stage and to the point where someone acts?
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Stacy Summary: Pretty seismic dollar stuff happening while the US is on holiday!
Here is Death of the Dollar made in 2006 where Max likens it to a confidence trick:
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Stacy Summary: When the punter has a fresh drink and is just about to roll the dice, there are plenty of green shoots in the casino. It all seems so hopeful just then.
“People lost so much money last year and they are so desperate to recoup their losses that they are willing to invest in anything,” said Brad Golding, portfolio manager of CRC Financials Opportunity hedge fund in the Cayman Islands.
“Everyone wants a lottery ticket.”
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Traders say Lehman and WaMu have more debt than cash, meaning they have no equity value and buying their shares is a forlorn cause.
“It is tulip mania,” Mr Golding said.
“People have decided [a stock] is worth something based on nothing. The facts are quite the contrary.”
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Stacy Summary: Bankers defrauding both taxpayers and China. What’s new?
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Stacy Summary: Good Sunday morning to you! Here are some headlines and blogs I am reading this morning. Question re: the first, with moral hazard now systemically entrenched for the oligarch class, place your bets on how many years before the proposed Tory privatizations lead to taxpayer bailouts?
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Posted in Headlines
Stacy Summary: The Truth About Markets for London’s Resonance FM. We talk about jumping in front of cars as a political movement and ask whether the financial collapse is the economic equivalent?
For more downloading and listening options, visit Archive dot org
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Posted in Max Keiser Audio, The Truth About Markets London
Tagged resonance fm, truth about markets
Stacy Summary: Christine Lagarde’s quote then goes on to say that bankers are not above the rules. But clearly they are. And Jack Straw’s admission confirms this. And the cost of admission into this network that exists above the rules is getting higher and higher. Regarding the firing of tear gas at the news correspondent, imagine if almost any other nation on earth had done that . . . imagine some scenarios in the comments please.
I couldn’t believe it. In the past, whenever I’ve read about people losing a load of money, I would think it served them right for being greedy and that they’d got their comeuppance. But I wasn’t being greedy. I just wanted to protect what I had earned.
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Stacy Summary: Guest this week, Mike Morgan of GoldmanSachs666.com. Notice the new titles and graphics!?
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Rick Ackerman
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