Stacy Summary: More alleged capitalists crying for more money and less regulation that would prevent them from claiming more welfare handouts from taxpayers.
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ref. max keiser & Get 6 mo’s free storage
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Rick Ackerman-
- King World News
- Mish
- Karl Denninger – Market Ticker
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- Michael Hudson
- ZeroHedge
- The Big Picture
crash banksters – Buy Silver & gold
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Most recent: 
@y’all
Q: To y’all US haters – does america remind you of yourself sometimes.?
Remember in the late seventies early eighties, when all those books of lists came out…. and soon all the sunday supplements were at it … perfect for all those people wanting to impress their friends at dinner partays with…. those who didn’t really have the time or confidence to develop a real personality or have enough feelings to appreciate what life or experiences are really all about…
Seems like nowadays we are continually bombarded with these lists. They are, IMO, childish, boring and very shallow and also manipulative and most people can see through them. Sometimes, right or wrong, people will respect you more when you just rip up the map, jump in the back , and enjoy the ride like everyone else!!!
PS.BTW Y’all… 7 is the new 10
@ deng feng,
You don’t appear to understand the significance of where public funds are directed (e.g. bailouts to banks vs healthcare services for citizens), and the ownership of the beneficiaries of public funding (private vs public).
As such you cannot distinguish between socialism and corporatism. What you describe is an extension of the corporatism started under Bush/Bernanke (TARP, TALF etc) by Obama/Bernanke.
US (and UK) political parties are in the grips of a bi-partisan corporatist oligarchy, which derives it’s power largely from secure control in finance and the military-industrial complex — both parasitic to the state and commonwealth.
The new boss is much the same as the old boss, just a bit smoother and a lot less embarrassing in front of the neighbours.
Ilya! There was a wonderful example of your solutions: the USSR. You should have tried it. I did. I am sure you would have enjoyed totalitarianism. 500 million estern europeans, chinese, indians have entered the global middle class in the last 10 years. Nver happened in the history of Man.
If you ask for government bailout/taxpayor monies, you are BY DEFINITION a Socialist. It is the job of the President to say NO. But this President wont. He will continue to give trillions of our tax $’s to his friends from the sheister new york banksters.
The IMF and the World Bank How Do They Differ?
http://www.imf.org/external/pubs/ft/exrp/differ/differ.htm
I actually thought they were the same thin’
Phil, most “politicians” are simply there to get bribes and receive cushy “directorships” or lobbying jobs once they leave office.
And, I have to disagree, it IS achievable. The coming meltdown – right now it’s just a Theoretical Condition for many people in the, Completely “WHITE” “west” – when it becomes a life or death reality, like it was in Venezuela in from 1989 to 1997 that saw Chavez swept into power and a new constitution written, people will eventually act in their own best interests and revolt. I think Celente is right about this…his time-line might be off by a few years?
What we need is a bloody French Revolution but with strategic assets in place to ensure it doesn’t degenerate into what it initially opposed.
The odds are slim.
@Ilya,……As you might be aware there are plenty of solutions,..always have been.
The problems are perpetuated to facilitate this system.
I think the boys over at Peter Josephs house have one solution, similar to what you keep harpin’ on about.
I don’t give a frig,..I’m a survivor,..love a challenge,.bring it on ass holes!!
@Ilya Kuryakin … you have my vote #1 !
Probably impossible to achieve as long as the crooks are not locked up ! … that includes most politicians as well of course !
@Gerry
“Nobody Likes Us? Who Cares? http://tinyurl.com/yet69od
Only an American would see the world this way.”
Thanks for proving my point in the comment above.
There IS a solution:
The Ilya Kuryakin Ten Step Program For The Survival Of The Human Species
1. global forgiveness of all debt, public and private with some stipulations (below)
2. internationally monitored seizure of all bank and corporate gold bullion, and the dismemberment of transnational corporations as required below
3. net creditor nations – China, Russia, Korea, and so on – receive ALL the gold bullion in proportion to what is owed them
4. an international treaty that; abolishes Usury; private central banks; and establishes a single 100% gold-backed currency
5. the elimination of the WTO and ALL “free trade” agreements, and forever outlawing ANY such future agreements
6. establishing, via international treaty, a set of agreed upon and enforceable, global human rights: free medical, free dental, free drugs, free education right through post-graduate studies, a minimum guaranteed income and job that suits their ability, and absolute freedom of speech in all forms
7. no entity, private or otherwise is allowed to own more than 4% of any market within any one country, or 1% of the global market
8. the elimination of ALL speculation of any sort and stock markets in general. I.E. governments would have to directly issue credit to develop their own internal economies as they see fit. Any Foreign trade would require the transfer of the global gold-backed currency
9. the destruction of all weapons of any kind whatsoever and the disbanding of all militaries world-wide, including all hardware – aircraft carriers, fighter jets, missiles, whatever, with an agreement that ANY nation that defies ANY of the above will be automatically subject to a Global embargo and, if necessary physical action
10. an actual representative United Nations: one country = one vote with no country having Veto power. Any resolution or treaty passed would have to adhere to the above principles
In short, if you Eliminate bankers and other speculators then you eliminate war, suffering, poverty, elitism, imperialism and colonialism, and all the other evil bullshit that makes this such a fucked up world.
My list is obviously incomplete so don’t knit-pick about bullshit not mentioned.
The alternative? More of the same: endless war, endless suffering, endless poverty and decrepitude for the voiceless majority, endless rule by a TINY group of evil motherfuckers, who, by Virtue of the rules in place today are ENCOURAGED to express their most despicable human traits – greed, envy, avarice, etc. If you remove the ABILITY for people to take advantage of others then that genetic marker will, by natural selection if nothing else, disappear.
Either we create an egalitarian society that is free of “secret” societies, or we create more lethal weapons whether they be financial or physical, which by their very existence WILL be used, and whose use will not Want to survive.
Flame away, you capitalist dogs!!!
The Age of Balance Sheet Recessions
http://www.scribd.com/doc/13970982/Richard-Koo-Presentation
I’m an american but I don’t want my nation invading others. This is inmoral and wrong. American’s founding fathers warned us against central bankers and getting involved in the affairs of other nations.
Nobody Likes Us? Who Cares? http://tinyurl.com/yet69od
Only an American would see the world this way.
@ Eileen,
On Lisbon and NAMA:
Sunday Business Post
Deference will again be the undoing of the Irish
27 September 2009
By Vincent Browne
“…The only reasons now being advanced to vote Yes have nothing at all to do with the merits or otherwise of the treaty. They have to do with deference. If we do not defer to the Eurocrat elite, who want Lisbon, we will be in trouble; jobs will go or fail to return, the flow of money from the European Central Bank will dry up. If we don’t defer, we will be in big trouble. All this is bogus: what happened to Denmark, France and the Netherlands when they voted No in EU referendums?
On September 29, 2008, Brian Cowen and Brian Lenihan deferred in awe to international capital, at potentially enormous cost to this society, via a bank guarantee that far exceeded any similar guarantee given by any other state, as stated by Patrick Honohan, the newly discovered guru on these matters. (Although he was just down the road from Government Buildings on September 29, he was never called on while the fateful decisions were made).
The banks had acted criminally (literally) and anti-socially over the previous decades and had been brought to the verge of collapse because of their own reckless and greed-fuelled pursuit of private profit.
Then, the state bailed them out, at enormous cost to society, to appease wealthy depositors (less wealthy depositors were already guaranteed up to €100,000), bondholders and the interbank market.
A new state bank could have been created within days, to keep the supply of credit going. That wasn’t on the agenda.
The government had to defer to the super-rich and international financiers….”
I’d say back to the future:
Coronation of King Edward VII
(James Connolly, 1902)
“…As Socialist Republicans we desire the application to society in all its relations, industrial and political, of the freest republican principles. We unceasingly devote our energies to awakening in the minds of the workers consciousness of the sufficiency of their own manhood and of the dignity of their class; and we hope and believe in the rapid approach of that time when those ideas and that consciousness will have so far leavened the minds of the workers as to justify us in calling upon them to rally up for that final struggle, the issue of which will assuredly usher in the era of free and enfranchised labour, instead of the barbaric splendour of military and financial castes….”
@dedo
Yes, Zoelick is a criminal. He is one of the original PNAC signatories.
http://en.wikipedia.org/wiki/Project_for_the_New_American_Century
Let the World Bank and IMF both fail! They are both criminals!
Ya just gotta listen to this snake,….I mean the name even sounds slippery (Zoellick)
http://seekingalpha.com/article/164573-world-bank-president-robert-zoellick-on-dollar-as-reserve-currency-bloomberg
If at first you don’t succeed, secede!
Interesting stuff on the secession front. Looks like people have had enough Shock Doctrine.
http://www.star-telegram.com/804/story/1623872.html
-snip-
Fanned by angry contempt for Washington, secession movements have sprouted up in perhaps more than a dozen states in recent years. In Vermont, retired economics professor Thomas Naylor leads the Second Vermont Republic, a self-styled citizens network dedicated to extracting the sparsely populated New England state from “the American Empire.”
Here’s one for Phil,…
http://www.irishexaminer.com/breakingnews/ireland/govt-must-deliver-on-economic-promises-428775.html
@Mike,
“Frankly its nuts, the Dow going to 20,000 in 2 years is far more likey.”
Now THAT is “nuts”: you think people with non-existent savings, T-Bills that NO ONE is buying (except through FED-controlled off-shores), a banking system that despite trillions in liquidity is STILL not lending, that somewhow equates to the DOW hitting 20,000 or even going back to its previous high???
If you look at the great depression, the second stage saw an 80% drop in stocks.
http://www.hyperhistory.com/online_n2/connections_n2/great_depression.html
What do you mean, bankers are thieves,….these guys do a lot of work for the blind (there’s irony for ya)
http://www.peterboroughtoday.co.uk/news/Credit-Crunch-Bunch-bank-1500.5701250.jp
Politicians here have NO understanding of markets banking etc., they are pretty uneducated on the whole just looking after local issues. They need some help. Would love to see Stay/Max’s analysis of NAMA.
1,000 Companies Attacked -> 1,200,000 Jobs Destroyed
by vets74
Fri Oct 02, 2009 at 07:44:47 PM PDT
Bloomberg got an Emmy nomination in 2007 for explaining the mechanics of these hedge fund attacks. Vid is HERE. “Phantom Stock” runs 25:10.
more-
http://www.dailykos.com/story/2009/10/2/789055/-1,000-Companies-Attacked1,200,000-Jobs-Destroyed
This is the same Bob Chapman whom said that the US Navy had a ship off the coast because they given the crew Swine flu shots & the Capt & EX dropped dead?
That Bob Chapman?
Frankly its nuts, the Dow going to 20,000 in 2 years is far more likey.
Mike
@Ilya … “Bob Chapman predicts the DOW will hit 2600, “if we’re lucky”.”
So we could have Gold at 2600$ as well if that happens !
Dow/Gold ratio always meets 1:1 in the cycle.
I would of course prefer a meeting at Dow 5000 !
War is Peace, Freedom is Slavery, Ignorance is Strength, and Debt is Recovery
The second stage of the collapse will make the first stage look like a picnic. The second stage will once again rope in savers and investors looking to take advantage of the “recovery”. Once enough rubes have been suckered into market, they take it down again – and it looks already like the DOW has pretty much flattened out.
I doubt they will bring it down before Christmas and the usual “bump” in markets associated with consumer spending. Even if Christmas spending is non-existent they’ll simply fudge the numbers. The first or second Monday of January 2010 looks ripe for a bloodbath.
Bob Chapman predicts the DOW will hit 2600, “if we’re lucky”.
Goodness, Zoelick could trim his beard slightly and look just like one of Germany’s former leaders.
Watch this before you watch the corporate news again…
http://www.youtube.com/watch?v=eZkDikRLQrw&feature=fvw
Wow, the appeals court judges found that falsifying the news is not actually against the law!!!
They threw out the whistleblowers case.
So, it goes without saying that media can legally falsify all economic news.
Investors in Treasuries, Dollars Defy Common Sense http://tinyurl.com/yevol3z
Twitter proved to be a life-saver in the Philippines
The online messaging service derided by comedians such as Jon Stewart as “inane chatter” proved to be a life-saver in the Philippines this week. So was the networking site Facebook, which Filipinos used to plead for help and inform friends and relatives about how to avoid the worst of Manila’s floods.
Drom: Tweeting Masses Shine in New Hurricane Katrina: William Pesek http://tinyurl.com/y85pvdd
Yeah! They are so good at predicting the weather he! Hell they can’t even predict the weather accurate for two days let alone….
Scant early snowfall in Siberia indicates Arctic wind patterns may reduce cold air flows into the Northeast U.S. this winter, contradicting forecasts that a weak El Nino will cause the coldest season in a decade, a climate scientist said.
From: Scant Siberian Snow Points to Warmer New York Winter http://tinyurl.com/ydh5v67
“Berlusconi’s continuous and arrogant attacks against the press are the straw that broke the camel’s back,” said Roberto Natale, president of the Federazione Nazionale della Stampa Italiana union. “I’m confident the rally against the gagging of the press will attract lots of people.”
About 445,000 people signed a petition promoted by la Repubblica, Italy’s most-read daily, to support the freedom of the press. “To say there is no freedom of press is absolutely preposterous and untrue,” Paolo Bonaiuti, the chief spokesman for Berlusconi, said yesterday in Rome.
From: Berlusconi Scandals Mean Legal Fights for Newspapers http://tinyurl.com/yeocwdg
Obama during his campaign toted how he was going to redo health everybody will heath care access
IF HE WOULD OF TOLD THE PEOPLE BY THE WAY WE ARE GOING TAX THE HELL OUT OF YOU TO DO THIS DO YOU THINK HE WOULD OF WON!!!!!!!!!!!!
The man had ZERO idea how he was going to do this just BULLSHIT!!!!!!!!!!!!!!
Real estate investors trying to leverage initial public offerings to buy distressed commercial property debt are using a flawed strategy.
From: Mortgage REITs Competing in IPOs Meet Tepid Reception http://tinyurl.com/yewblkt
MGM Studios gets time to restructure their debt. Tom Cruise helps http://bit.ly/M42iO
I like Ron Paul statement about this new administration.
he said.
The old administration under George Bush was bad but at least he was straight up.
This new administration under Obama just lies to you
Social Security Applications Almost Double Because of Recession http://tinyurl.com/y9au8v7
I’m completely convinces people voted Obama into office because they believe he was on the peoples side. NO WAY IN HELL IS THAT MAN ON THE PEOPLES
HE IS BOUGHT AND PAID FOR BY THE BANKS THE FEDERAL RESERVE OWNS HIS ASS AND THE PEOPLE BETTER START TO REALIZE THAT!!!!!!!!!!!!!!
Factory Orders in U.S. Drop 0.8%; Ex-Transport Rises 0.4% http://tinyurl.com/ybtj4c4
U.S. Unemployment Now Lasts Longer Than Benefits: Chart of Day http://tinyurl.com/yccz9zq
White House Negotiating with Congress to Extend Stimulus in light of the continuing deterioration of the job market http://tinyurl.com/ygal565
U.S. Job Losses May Be Even Larger, Model Breaks Down http://tinyurl.com/y944fvw
Unemployment in reality 22% double the official number http://tinyurl.com/5ulhpl
Secession movement spreads well beyond Texas http://www.star-telegram.com/804/story/1623872.html
You don’t have to be a rocket scientist to realize that this economic model is going to fail
CAPITAL GAINS ON DERIVATIVES SHOULD BE TAXED 50%
Just me our markets would change for the better over night!!!!
END THE FED!!!!!!!!!!!!!!!!!!!!!
AND BRING OUR TROOPS HOME TODAY A$$HOLES!!!!!!!
OUR POLITICIANS ARE SO F@#$ STUPID AND BOUGHT OUT BY THE BIG BANKS THEY WANT TO INCREASE TAXES ON THE PEOPLE!!!!!!
MANDATORY HEALTH CARE PARTICIPATION IS A TAX!!!!!
CAP AND TRADE IS A TAX!!!!!!!!!!!!!!!!!!!!!
F#$@ THESE ASSHOLE POLITICIANS START TAXING THE BANKS!!!!!!!!!!!!!!!!!!!!!!!!
SHIT IF WE JUST STARTED TAXING DERIVATIVES WE COULD PAY FOR HEALTH CARE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Boom bust cycles are perpetuated by traders with access to the Federal Reserve unlimited capital. Derivatives are the target of these traders. Why is it these I banks make so much money and pay no taxes. THEY DON”T HAVE TO CLAIM CAPITAL GAINS ON DERIVATIVES NONE ZERO NOTHING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@Phil and Sherbert: great reasoned comments..It would be out of the question to condemn the entire system of swaps and derivatives..look to sir Robert Pickle of the International Swaps and Derivatives Association to be in the running as the “abusive czar”…one must remember, they favor placing the experts at the helm…Geithner, Summers, Hormack @ State, etc….as I posted in a prior comment section it is the folks in the productive sound money economy versus the folks ( elite ) in the papered derivative system…
@Mike,…..The “people” in America are the wealth,..they’ve just forgotten it!!
The FEDERAL RESERVE HAS BASICALLY STRIPPED AMERICA OF ITS WEALTH!!!!!!!!!!!!!!!!!!!!!1
END THE FED
http://www.youtube.com/watch?v=e3zo7zjYk2E
Robust Oregon Real Estate Market Poisoned by Fraud http://tinyurl.com/yeozrrh
damn it feels good to be a banker
http://www.youtube.com/watch?v=ROlDmux7Tk4
“Does anyone care what Americans think? They’re the worst-educated people in the First World. They don’t have any thoughts, they have emotional responses, which good advertisers know how to provoke.”
From: Gore Vidal: ‘We’ll have a dictatorship soon in the US’ http://tinyurl.com/yh2en7w
Nobody Likes Us? Who Cares? http://tinyurl.com/yet69od
U.S. Job Losses May Be Even Larger, Model Breaks Down http://tinyurl.com/y944fvw
LOL Banks are contrary to rational thought; illogical; ridiculous.
I cant help being amused by all this goings on, my analogy?
Well sorry guys and girls ths fantasy of these banks are just getting more and more surrealistic for me.
i looked at the first comment under the song and it said that the surgery was just a little bit much lol banks lol banks lol, lol bizarre, weird, or eerie the surreal events of a nightmare.
http://www.youtube.com/watch?v=143oSrbSJYc
Stacy
Where is the other half of the show? MAX said i should wacth to explain WHY they just can’t print money.
Mike
@ Stacy – The World Bank article is linked to the Daily Show G-20 clip.
Re: the regulation piece, Larry Summers and the banksters said in 1998 that regulating derivatives would be “catastrophic” for the economy. ( Back then, the derivatives market had a notional value of $28.7 trillion.) So I think we can pretty much be safe in doing the exact opposite of what the banks want. But I did like the part where Ackerman said the banks want to start over and have an “intense dialogue between the private sector and the public sector on the strategic questions, on the technical details.” I assume that since he’s a banker, the “public sector” includes all citizens in all countries and not just the “public servants” who are supposed to represent our interests, right?
@Stacy .. yes … a continuation of the top-down fraud; same ol’ game as you said !
This is getting ridiculous ! This system has to completely crash IMO .. only then do I see a chance of restoring real pricing levels.
Chinese Govt. protecting their population with “buy gold”
Western Govt. trying to continue their ponzi paper scheme .
What a contrast !
@Phil – that’s what I was thinking . . . who says what is ‘abusive’? And then I realized that, of course, they are setting up the ‘bad apple’ defense; it isn’t the system of $600 trillion in derivatives, it is just a few ‘abusive’ swaps that are to blame . . .
@‘Abusive swaps’ to be banned under Frank plan
So who decides which ones are abusive ?
BTW .. sounds much like the “Grandfathering” of Naked Short positions in 2002 … i.e. no disclosure of who owned them and how big !
Max, Stacy:
Did you know that the infamous Joseph Cassano started out under the infamous junk bond king Milken (so beloved of Max) at Drexel Burnham?
Perhaps you did, but I didn’t, thought it was fascinating.
If anybody was the villain of the 2007-8 blowup I’d say it was Cassano.