…A Milan administrative court has now ruled Fininvest should pay €750m ($1.10bn) in damages to CIR, the holding company of Berlusconi’s rival Carlo De Benedetti, whose daily newspaper La Repubblica has led recent press coverage of the prime minister’s private life….
The Economic Recovery is an Illusion
The Bank for International Settlements (BIS) Warns of Future Crises
…In May, the information that leaked from the meetings regarded the main topic of conversation being, unsurprisingly, the economic crisis. The big question was to undertake “Either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline and poverty … or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.”
Important to note, was that one major point on the agenda was to “continue to deceive millions of savers and investors who believe the hype about the supposed up-turn in the economy. They are about to be set up for massive losses and searing financial pain in the months ahead.” ….
Former Illinois Governor Blagovich was against funding the Chicago Olympics (billions) and refused to finance the proposed 2 billion$ new Cubs Stadium. His thanks? Cubs owner and chief bankrupt henchmen Sammy Boy Zell blackmailed him in his newspaper, the Chicago Tribune and called him a criminal! (Meanwhile Sammy Boy is refusing to pay billions in back-taxes!) All this while Blagovich is accused of accepting a mere 185k bribe. 185k!! Thats a far cry froom the trillion Zelly and his new york criminal hucksters have received!
Oh well … here’s another interesting piece from that link …
…The BIS was established “to remedy the decline of London as the world’s financial center by providing a mechanism by which a world with three chief financial centers in London, New York, and Paris could still operate as one.”[6] As Carroll Quigley explained:
[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.[7]
The BIS, is, without a doubt, the most important, powerful, and secretive financial institution in the world. It’s warnings should not be taken lightly, as it would be the one institution in the world that would be privy to such information more than any other.
…
Local farmers are milling flour and selling directly to bakeries and pizza houses. They are getting 2.50 more for their flour, have control and it’s ORGANICALLY GROWN. Bypassing chemical companies that are killing the world.
Here’s my translation of page 2 .. which is more interesting IMO :
…German bank becomes a major sugar trader
For banks, the physical commodity trading has beena lucrative business.
Morgan Stanley and Goldman Sachs have been present for years, besides being in the energy sector.
According to the quarterly reports of banks, Morgan Stanley recently turned over $ 3.3 billion, ; Goldman Sachs : $ 682 million in this segment.
Morgan Stanley owns the pipeline and tanker operators Montaigne, shares in the shipping Heidmar and six power plants in the U.S. and Europe.
Goldman Sachs once again is present on several markets; also in their portfolio is the supplier : Cogentrix Energy.
From the perspective of the banks is not only to new profit opportunities. Also important is access to market information: As an operator of power plants or oil tankers, the bank receives additional information about the current supply and demand situation.
Furthermore, there is the opportunity to use complex trading strategies, which include for example, the physical storage and delivery of raw materials.
The importance of the physical commodity trading could grow in the future due to stricter regulations even further. The supervisor CFTC is considering introducing fixed position limits. This would significantly restrict the freedom of many investors that have committed themselves to exchange-traded futures and options.
Investors who invest their capital in physical commodities and precious metals are excluded from the debate.
“The attractiveness of physical commodity investments is likely to increase as compared to a commitment in the futures markets,” said Michael Lewis of Deutsche Bank. “This could be especialy relevant for gold which is easy and cheap to store .” …
@phil
haven’t spoken to my younger sister for over 25 years, since I left home…the first thing she emailed me was a freaky clip of ‘the navy testing new weapons on the ocean’ (thought you would enjoy)…I will figure out how to upload it so you can all see it…tinfoilhats must run my family or everybody is feeling it nowadays!!!
@Richard@lattitude30N .. nice of you , but I must admit that it’s mainly thanks to using Opera as my browser.
As I said, I have a massive hierarchy of links and can open 10 or 100 or 1000 links with one “Click” ! It makes it easy for me to scan the news quickly !
lots of great comments he makes, make sure to look all of the user “cveitch” films, it’s good for you.
“…Something has happened about the police force in the last 40 years, what’s happened is instead of them being here to protect us, what they’ve become is a corporate gang, a gang of corporate security people that going around fining people for saying words…”
@s.herbert @jabbernows and babbling babylonians
yadder, yadder…. jibber jabber..chit chat has probably always taken up moe space than owt’ else…s’kinda social glue…why even the greeks coined the phrase barbarians from the sound of all those crowds of foriegners…going bah, bah,blah. blah…
The 1931 Currency Crisis in the context of today’s crisis
…Understanding the history of constrains and governmental actions as a reaction to currency crisis might help us to understand better what will be the most probable response to the current currency crisis…
#1 Did 60 million mortgages become unforeclosable?
#2 Faber on shadow housing inventory
#3 FHA reserves drop below requirement
#4 Delinquencies at record pace
#5 Moody’s Some home prices won’t rebound until 2030
#6 Girl refuses vaccine and is denied citizenship
#7 Woman files suit agains fla gov forced vaccinations
#8 Health Care workers protest NY requirement for vaccinations
#9 Most parents won’t get flu shots for kids
#10 Army officer allowed to resign after refusing to go to Iraq in 2006
#11 Feds loan $500m for Al Gore backed electric car start up
#12 FDIC to borrow form banks
#13 Tour Congressman Murtha Airport. No one uses it.
@phil , no image from link to image shack ? re- weapons testing , just an add telling me that ‘there is only 1 rule to a flat stomach and that is to obey’ ? mfg L
@ phil ,have re- tried link to image shack story picture re weapons testing again ,this time i get a timely warning from u’s government about not getting caught using steroids , how do they know all this stuff about us ? still no picture of weapons testing , perhaps we need to be member first before we can see the picture ?
Barack Obama furious at General Stanley McChrystal speech on Afghanistan
…An adviser to the administration said: “People aren’t sure whether McChrystal is being naïve or an upstart. To my mind he doesn’t seem ready for this Washington hard-ball and is just speaking his mind too plainly.”
…
The general consensus is the BOE are gunna leave the rates flat,….anyone wanna sportsmans bet wif muah,…
I reckon they’re going to raise them,..I mean,..c’mon,..it’s “October” somethings got to happen,…hey Mike/loverpool?
yowza I see that gold is shooting up this afternoon . . . 1018
and I see also Greeks are punished with market tumble . . . this is becoming the punishment of choice for citizens who elect the ‘wrong’ leaders . . . very interesting to watch this method develop . . . because if you check out this link below, the headline on the front page of Marketwatch.com reads, “Greek Stocks Crumble” . . . and yet it is down only .5% . . . hardly a big tumble when you put it in the context of even the history of the past twelve months . . . I think you see the Murdoch financial press trying to create a reality . . .
Yes, the daily Gold-teaser ….
I suppose we need an “event” to get it to break 1040$ I suppose. Maybe Blair’s confirmation ?
Not Catholic Conf., I mean EU Pres !
Yeah, the MSM just cannot deal with the word “socialist” as a matter of principal. To them the word is equated with Stalin, or with the most dreaded word in the English language, Populism.
God forbid somebody should actually put the interests of the working class above the corporations and the elite. That just wouldn’t be cricket, old chum!
Papandreou talks a good game but I don’t see him pulling a Chavez and start nationalizing strategic industry and services, or redistributing wealth in any real way – which, of course, is EXACTLY what he should do.
“Chavez announced that next year’s budget, soon to be presented to the National Assembly for approval, will assume an average oil price of $40/barrel.” http://www.venezuelanalysis.com/news/4839
Seems overly pessimistic to me. Or maybe he knows something?
Wellpoint illegally forces their employers to fight against health insurance reform, has one of their stooges, Liz Fowler, write the Baucus bill, and then turns around to strip the benefits of their workers:
They’ve been re-writing the bible for years. I read somewhere that Germany wants to remove the “anti-semitic” parts…depending on how insane your interpretation is, that could be like 50% of everything JC ever said.
It’s a Wonder Peter Schiff Can See Straight Let Alone Be An Expert in Economics as He Runs Under the Repuglican/Rightwing/Teabagger/Fascist/Libertarian Ticket.
GOP Senate candidate: My campaign is like fighting the Nazis in World War II.
A true farce..same old s—bags looting..capitalism at its worst.
Isn’t this the same business model Pete “Speaks 2 sides of his mouth” Peterson used to create his fortune? Debt is bad except when we use it….
“But Thomas H. Lee Partners of Boston has not only escaped unscathed, it has made a profit. The investment firm, which bought Simmons in 2003, has pocketed around $77 million in profit, even as the company’s fortunes have declined. THL collected hundreds of millions of dollars from the company in the form of special dividends. It also paid itself millions more in fees, first for buying the company, then for helping run it. Last year, the firm even gave itself a small raise.
I am writing to ask for your assistance and also that of your fellow members of the Senate Finance Committee. I am in good health and would like to make a comment on your health insurance bill. As I understand it, the House and the Senate have replaced the dot com and mortgage bubbles with the Bailout, Cap and Trade and Health Care bubbles. Unlike you I am not a law school graduate so I do suppose it is constitutional for the Democrats and the Republicans to join together and create a direct pipeline from our paychecks, our wallets, our bank accounts, our pensions and what is left of our 401Ks and IRAs to suction that money directly from us to Goldman Sachs, AIG and your other contributors on Wall Street.
I can see your point of view that we desperately need to expand the Health Care bubble beyond even its present nearly stratospheric levels to shore up the economy. I agree with you that we are in desperate times. If we used the same definition of unemployment that President Clinton used in 1993, our unemployment rate would be 17%. That is a serious problem.
You and your fellow Senators are doing your best to keep the Health Care bubble alive. Saline bags which cost $1.29 and hip replacement parts which cost $400 are sold through our insurance companies for $400 and $12,000 respectively. You get paltry millions in campaign contributions while the insurance companies take in hundreds of billions of dollars in premiums.
The gist of your bill is to do nothing to reduce the costs of prescription drugs because the pharmaceutical companies are generous campaign donors and times are tough. So what you have done is to propose a bill that would require us to buy insurance. Once health insurance is mandatory we all know that the insurance companies will increase our rates, raise our co-pays and cut service. I do not care if they cut our services and raise our co-pays because as I said I am in good health.
But I have also been hit by hard times and find it extremely difficult to keep my share of these Bailouts going. Therefore I have written to you to ask for your assistance. I cannot afford to either buy health insurance or to pay a humongous fine for not buying it.
And there are tens of millions of people on Medicare who cannot afford even forty dollars a month in cuts to their only health insurance program. And from what I have read over the Internet, I understand that 80% of working age Americans cannot afford to pay more either for insurance or for co-pays as your bill would require.
Therefore to expand the Health Care bubble even beyond its present limits, I would like to make a modest suggestion: I read some years ago at Asia Times that the total amount of bribe money laundered by the banks for politicians worldwide was five hundred billion dollars a year. How about getting some of that money to help buy insurance for healthy people who don’t need the coverage or to subsidize those who do need help and are facing bankruptcy?
I wanted to go to the G-20 Summit in Pittsburgh to share my ideas but I am glad I did not attend. The police and the military out numbered the demonstrators three to one even if you count the agents provacateurs wearing police issue boots. And those LRADS (Long Range Acoustical Devices) can do permanent damage to our hearing. And I did see that man get kidnapped by the military. I really do not want to be sent to Guantanamo.
Since you are a law school graduate, you can explain to me exactly how and when we the people lost our First Amendment right to peaceably assemble and petition the government for the redress of our grievances.
Do not misunderstand me. I am not one of those complaining types. I just wish I had been allowed to assemble in Pittsburgh to ask my elected representatives for a little help so I can keep these gargantuan bubbles going. Since I can no loner legally assemble and petition my government, I have decided to ask you through this Open Letter for your help. I have been paying into these bubbles for decades. I sincerely believe it is past time for Washington and Wall Street to give something back to me. http://almost117days.blogspot.com/2009/10/monday-10-05-open-letter-to-senator-max.html
C’mon peoples. Reserve more copies of Where’s Kenny Boy at Pirate My Film! If they lower the budget any further they’ll have to fly inside their luggage. You don’t want that do you?
BTW Max n Stacy. I’ll take my profits in Golllld. None a that dodgy paper stuff. Mwahahaha. Yes, even intergalactic Aliens use rare elements for currency. Our self-replicating nanobots depend on them. More money equals more bots! Bots for the win!
BTW, the real reason the US lost the Olympics: MOST of the world’s athletes come from “national security threat” countries that would Never make it past Fatherland Security, or worse, get Gitmo’ed.
O, I wish I was in the land of cotton
Old times there are not forgotten
Look away! Look away!
Look away! Dixie Land.
Consider this from Janet Tavakoli, author of “Dear Mr. Buffett” in an interview with Max Keiser:
“Regarding the outlook, my analysis is grim. I am not a doomsayer, I follow the cash, and so far, I’ve been correct, and the government has been wrong. Here’s the situation. We are at greater risk of a total meltdown due to a deflationary collapse than we were in 2007. After the greatest Ponzi scheme in the history of the capital markets, we’ve seen history’s greatest fiscal and monetary expansion, but it hasn’t worked. Debt levels of consumers and business exceed the capacity to repay.” (Janet Tavakoli On The Edge With Max Keiser)
I was going over my dvd collection today for something to watch and came across Rainer Fassbinder’s Ali, Fear Eats The Soul…and I realized this “Islamofascist” fearmongering is nothing new, but has deep roots in the “western” idiom. RF did away with this mythology in 1974: so, technically, the west has been retrograde ever since. A snippet, http://www.youtube.com/watch?v=822Tzx3gn1A
and isn’t interesting that in the same year as TDOTC, The Parallax View also came out? This was the FIRST hint at the privatization of war, and the reality of political executions in a Supposed “democracy” http://www.youtube.com/watch?v=MNMi8fXi5Os
Re-watching this shit is fucking bone chilling because the plans within plans have been orchestrated so far in advance, and with such Brazenness, that one must question whether our future is random or carved in stone.
The world’s biggest fucking Douchebag, Nary O’Grady, in TOTAL fucking anti-Chavez melt-down mode (check out her other op-eds: fully 30% are devoted to Chavez!):
In a SINGLE op-ed she equates Chavez, Ahmadinejad, Hamas, Hezbollah, “anti-semitism”, nuclear weapons not only in Iran but in Venezuela, Israel’s “existential threat”, support FOR the coup d’etat in Honduras, and anti- Bolivia comments in a SINGLE article.
Ilya, Ilya, Ilya look at what your missing…life is grande at the top..especially at the top of a debt ponzi..
But while Simmons now faces an uncertain future, Mr. Eitel was a winner in The Great Game of Life. As chief executive, he enjoyed country club memberships, personal use of the corporate jet and thousands of dollars a year in free mattresses. Before stepping down last fall, he earned more than $40 million in compensation, bonuses and perks, according to an analysis by Brian Foley, an independent compensation consultant in White Plains. He earned the bulk of his money when Simmons was sold to Thomas H. Lee Partners.
Mr. Eitel ran Simmons as if it were his fief, several former executives said. His son joined Simmons’s sales force and a son-in-law landed in the company’s marketing department. A daughter often sang at corporate functions and even wrote and recorded a series of songs that were pressed into CDs and distributed at a sales meeting in Las Vegas.
The private equity firms that owned Simmons during Mr. Eitel’s tenure appeared to embrace Mr. Eitel’s lifestyle. The first year that Thomas H. Lee Partners owned Simmons, the mattress company even paid the $92,000 salary and benefits for the captain of his yacht.
@ Ilya – Yes, there is such a thing as transnational politics. Jim Demint just came back from his Honduran trip in which he met with the coup regime. He said that they are doing a great job upholding freedom, democracy, and the rule of law. We now have another 3 Republicans getting ready to go to Honduras to meet up with part of the transnational right.
Jibber Jabber ? .. Me ?
Berlusconi ‘responsible’ in corruption case
…A Milan administrative court has now ruled Fininvest should pay €750m ($1.10bn) in damages to CIR, the holding company of Berlusconi’s rival Carlo De Benedetti, whose daily newspaper La Repubblica has led recent press coverage of the prime minister’s private life….
http://www.ft.com/cms/s/0/38ed0120-b1b3-11de-a271-00144feab49a.html
Deutsche Bank will become biggest Sugar Dealer
… Deutsche Bank wird zum großen Zuckerhändler
Zucker ist so teuer wie seit 1981 nicht mehr. Die Deutsche Bank will davon profitieren und schließt eine Vereinbarung mit einem Zuckerhändler. Die Banken bauen ihr Engagement im physischen Rohstoffhandel aus – auch aus regulatorischen Gründen. von Tobias Bayer Frankfurt und Javier Blas, London …
http://www.ftd.de/unternehmen/finanzdienstleister/:neues-wachstumsfeld-deutsche-bank-wird-zum-grossen-zuckerhaendler/50019174.html
They are building up positions in raw materials – also because of “regulatory” reasons !
On page 2, they go into more detail on GS, MS and oil & energy deals !
http://www.ftd.de/unternehmen/finanzdienstleister/:neues-wachstumsfeld-deutsche-bank-wird-zum-grossen-zuckerhaendler/50019174.html?page=2
@Phil – hmmm . . . maybe they are also building up a very large position in tin . . . ?
The Economic Recovery is an Illusion
The Bank for International Settlements (BIS) Warns of Future Crises
…In May, the information that leaked from the meetings regarded the main topic of conversation being, unsurprisingly, the economic crisis. The big question was to undertake “Either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline and poverty … or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.”
Important to note, was that one major point on the agenda was to “continue to deceive millions of savers and investors who believe the hype about the supposed up-turn in the economy. They are about to be set up for massive losses and searing financial pain in the months ahead.” ….
http://www.globalresearch.ca/index.php?context=va&aid=15501
Well they powers that be found a way to tax the sun: 2.5% tariff on imported solar panels as they are now described as “generators”….
http://us.mc655.mail.yahoo.com/mc/showMessage?sMid=0&fid=Inbox&sort=date&order=down&startMid=0&filterBy=&.rand=543735209&midIndex=0&mid=1_1511248_ADUJDUwAAIZ4Ssn5Iwx59kpOHgc&f=1&m=1_1511248_ADUJDUwAAIZ4Ssn5Iwx59kpOHgc,1_1510603_AC4JDUwAAQd4SsnybQo0y2z8b7Q,1_2547_ADIJDUwAAWDdSsEtRQYSQWw2gt0,1_3291_ADQJDUwAAUxiSsDk2wOQN1qgad8,1_3794_ADwJDUwAAPwgSrzHowUODBzv%2FOY,1_4532_ADkJDUwAABXDSrt80woexF6s0TA,
Former Illinois Governor Blagovich was against funding the Chicago Olympics (billions) and refused to finance the proposed 2 billion$ new Cubs Stadium. His thanks? Cubs owner and chief bankrupt henchmen Sammy Boy Zell blackmailed him in his newspaper, the Chicago Tribune and called him a criminal! (Meanwhile Sammy Boy is refusing to pay billions in back-taxes!) All this while Blagovich is accused of accepting a mere 185k bribe. 185k!! Thats a far cry froom the trillion Zelly and his new york criminal hucksters have received!
Oh well … here’s another interesting piece from that link …
…The BIS was established “to remedy the decline of London as the world’s financial center by providing a mechanism by which a world with three chief financial centers in London, New York, and Paris could still operate as one.”[6] As Carroll Quigley explained:
[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.[7]
The BIS, is, without a doubt, the most important, powerful, and secretive financial institution in the world. It’s warnings should not be taken lightly, as it would be the one institution in the world that would be privy to such information more than any other.
…
headline: Bailout cop: Treasury fibbed to save economy
http://money.cnn.com/2009/10/05/news/economy/bailout_report/?postversion=2009100503
“You have meddled with the primal forces of nature, Mr Beale, and I won’t have it!”
http://www.youtube.com/watch?v=BqEcLlp_Big
@gb ….. how dare the MSM tell the truth !
… of course 2 years later !
I wish I could read German. Phil in a nutshell, please.
Excellent article in the Olympian (WA)
Local farmers are milling flour and selling directly to bakeries and pizza houses. They are getting 2.50 more for their flour, have control and it’s ORGANICALLY GROWN. Bypassing chemical companies that are killing the world.
@Phil: your entries never escape to amaze me…good research and finds…particularly the Carrol Quigley exert….
@naomi
Here’s my translation of page 2 .. which is more interesting IMO :
…German bank becomes a major sugar trader
For banks, the physical commodity trading has beena lucrative business.
Morgan Stanley and Goldman Sachs have been present for years, besides being in the energy sector.
According to the quarterly reports of banks, Morgan Stanley recently turned over $ 3.3 billion, ; Goldman Sachs : $ 682 million in this segment.
Morgan Stanley owns the pipeline and tanker operators Montaigne, shares in the shipping Heidmar and six power plants in the U.S. and Europe.
Goldman Sachs once again is present on several markets; also in their portfolio is the supplier : Cogentrix Energy.
From the perspective of the banks is not only to new profit opportunities. Also important is access to market information: As an operator of power plants or oil tankers, the bank receives additional information about the current supply and demand situation.
Furthermore, there is the opportunity to use complex trading strategies, which include for example, the physical storage and delivery of raw materials.
The importance of the physical commodity trading could grow in the future due to stricter regulations even further. The supervisor CFTC is considering introducing fixed position limits. This would significantly restrict the freedom of many investors that have committed themselves to exchange-traded futures and options.
Investors who invest their capital in physical commodities and precious metals are excluded from the debate.
“The attractiveness of physical commodity investments is likely to increase as compared to a commitment in the futures markets,” said Michael Lewis of Deutsche Bank. “This could be especialy relevant for gold which is easy and cheap to store .” …
@phil
haven’t spoken to my younger sister for over 25 years, since I left home…the first thing she emailed me was a freaky clip of ‘the navy testing new weapons on the ocean’ (thought you would enjoy)…I will figure out how to upload it so you can all see it…tinfoilhats must run my family or everybody is feeling it nowadays!!!
@Richard@lattitude30N .. nice of you , but I must admit that it’s mainly thanks to using Opera as my browser.
As I said, I have a massive hierarchy of links and can open 10 or 100 or 1000 links with one “Click” ! It makes it easy for me to scan the news quickly !
@SG ” navy testing new weapons on the Ocean ’”
Photos ? .. great .
You can use this link for uploads :
http://imageshack.us/
A jibber jabbers yes, but the film is great.
“Everything is OK Montage”
http://www.youtube.com/watch?v=qAQrsA3m8Bg
lots of great comments he makes, make sure to look all of the user “cveitch” films, it’s good for you.
“…Something has happened about the police force in the last 40 years, what’s happened is instead of them being here to protect us, what they’ve become is a corporate gang, a gang of corporate security people that going around fining people for saying words…”
@s.herbert @jabbernows and babbling babylonians
yadder, yadder…. jibber jabber..chit chat has probably always taken up moe space than owt’ else…s’kinda social glue…why even the greeks coined the phrase barbarians from the sound of all those crowds of foriegners…going bah, bah,blah. blah…
Bought some more silver today.. YARR!
The 1931 Currency Crisis in the context of today’s crisis
…Understanding the history of constrains and governmental actions as a reaction to currency crisis might help us to understand better what will be the most probable response to the current currency crisis…
http://www.youtube.com/watch?v=JKJTa0ZKIno&feature=sub
Where can I listen to Max’s latest KDKA interview?
Some real Jibber Jabber for you all :
#1 Did 60 million mortgages become unforeclosable?
#2 Faber on shadow housing inventory
#3 FHA reserves drop below requirement
#4 Delinquencies at record pace
#5 Moody’s Some home prices won’t rebound until 2030
#6 Girl refuses vaccine and is denied citizenship
#7 Woman files suit agains fla gov forced vaccinations
#8 Health Care workers protest NY requirement for vaccinations
#9 Most parents won’t get flu shots for kids
#10 Army officer allowed to resign after refusing to go to Iraq in 2006
#11 Feds loan $500m for Al Gore backed electric car start up
#12 FDIC to borrow form banks
#13 Tour Congressman Murtha Airport. No one uses it.
http://www.youtube.com/watch?v=mwuJviXBd68&feature=sub
The 1931 Currency Crisis in the context of today’s crisis
http://www.youtube.com/watch?v=JKJTa0ZKIno&feature=sub
“#13 Tour Congressman Murtha Airport. No one uses it.”
but, but, but, but it’s “infrastructure”!! bwahahahaha
And another thing: no Terrorist in his right mind would ever attack it!
@phil , no image from link to image shack ? re- weapons testing , just an add telling me that ‘there is only 1 rule to a flat stomach and that is to obey’ ? mfg L
@ phil ,have re- tried link to image shack story picture re weapons testing again ,this time i get a timely warning from u’s government about not getting caught using steroids , how do they know all this stuff about us ? still no picture of weapons testing , perhaps we need to be member first before we can see the picture ?
Barack Obama furious at General Stanley McChrystal speech on Afghanistan
…An adviser to the administration said: “People aren’t sure whether McChrystal is being naïve or an upstart. To my mind he doesn’t seem ready for this Washington hard-ball and is just speaking his mind too plainly.”
…
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/barackobama/6259582/Barack-Obama-furious-at-General-Stanley-McChrystal-speech-on-Afghanistan.html
Do they mean he’s just too honest or what ?
@larry .. you don’t “normally” need to be a member to upload stuff.
Maybe things have changed since the Patriot Act ?

I’ll give it a go myself later on.
THIS IS AN ABSOLUTE DISGRACE
http://www.smh.com.au/world/burghers-flip-as-louvre-says-oui-to-mcdonalds-20091005-gjfp.html
More UK Jibber Jabber :
http://interneteyes.co.uk/
Amazing … pay to get CCTV access ?
@alister .. ” THIS IS AN ABSOLUTE DISGRACE ”
Too right !
Now if it had been Burger King !……
@Phil,……..Ref,.Internet eyes,……
That’s for sad fks who spend all day lookin’ at computer screens,……DOE!! : /
The general consensus is the BOE are gunna leave the rates flat,….anyone wanna sportsmans bet wif muah,…
I reckon they’re going to raise them,..I mean,..c’mon,..it’s “October” somethings got to happen,…hey Mike/loverpool?
yowza I see that gold is shooting up this afternoon . . . 1018
and I see also Greeks are punished with market tumble . . . this is becoming the punishment of choice for citizens who elect the ‘wrong’ leaders . . . very interesting to watch this method develop . . . because if you check out this link below, the headline on the front page of Marketwatch.com reads, “Greek Stocks Crumble” . . . and yet it is down only .5% . . . hardly a big tumble when you put it in the context of even the history of the past twelve months . . . I think you see the Murdoch financial press trying to create a reality . . .
http://www.marketwatch.com/story/greek-stocks-fall-after-socialists-win-election-2009-10-05
@Phil,…BTW,..It’s October 5th today,…just in case you forgot to adjust the date of your time machine!!
2009,,..I think!
@Dedo ..done !
@Stacy .. Gold
Yes, the daily Gold-teaser ….
I suppose we need an “event” to get it to break 1040$ I suppose. Maybe Blair’s confirmation ?
Not Catholic Conf., I mean EU Pres !
@Stacey,
Yeah, the MSM just cannot deal with the word “socialist” as a matter of principal. To them the word is equated with Stalin, or with the most dreaded word in the English language, Populism.
God forbid somebody should actually put the interests of the working class above the corporations and the elite. That just wouldn’t be cricket, old chum!
Papandreou talks a good game but I don’t see him pulling a Chavez and start nationalizing strategic industry and services, or redistributing wealth in any real way – which, of course, is EXACTLY what he should do.
Speaking of Chavez,
“Chavez announced that next year’s budget, soon to be presented to the National Assembly for approval, will assume an average oil price of $40/barrel.”
http://www.venezuelanalysis.com/news/4839
Seems overly pessimistic to me. Or maybe he knows something?
Conservatives attempting to rewrite the Bible by getting rid of “liberal passages”:
http://www.huffingtonpost.com/2009/10/05/conservative-bible-projec_n_310037.html
LOL!! Now even the Bible is “too liberal!”
Wellpoint illegally forces their employers to fight against health insurance reform, has one of their stooges, Liz Fowler, write the Baucus bill, and then turns around to strip the benefits of their workers:
http://www.huffingtonpost.com/2009/10/05/wellpoint-cuts-workers-he_n_309716.html
Hi Stacy,
Make sure Max sees this:
http://www.stocksonalert.com/members/index.php/public/the-john-law-of-the-21st-century/
Great graphic, quite a sad story really
OP
http://ficry.com/frightening-interactive-map-of-job-loss/
Amazing sand animation,
http://www.youtube.com/watch?v=518XP8prwZo&feature=related
and she’s a babe…
They’ve been re-writing the bible for years. I read somewhere that Germany wants to remove the “anti-semitic” parts…depending on how insane your interpretation is, that could be like 50% of everything JC ever said.
It’s a Wonder Peter Schiff Can See Straight Let Alone Be An Expert in Economics as He Runs Under the Repuglican/Rightwing/Teabagger/Fascist/Libertarian Ticket.
GOP Senate candidate: My campaign is like fighting the Nazis in World War II.
http://thinkprogress.org/2009/10/05/schiff-nazis/
A true farce..same old s—bags looting..capitalism at its worst.
Isn’t this the same business model Pete “Speaks 2 sides of his mouth” Peterson used to create his fortune? Debt is bad except when we use it….
“But Thomas H. Lee Partners of Boston has not only escaped unscathed, it has made a profit. The investment firm, which bought Simmons in 2003, has pocketed around $77 million in profit, even as the company’s fortunes have declined. THL collected hundreds of millions of dollars from the company in the form of special dividends. It also paid itself millions more in fees, first for buying the company, then for helping run it. Last year, the firm even gave itself a small raise.
Profits for Buyout Firms as Company Debt Soared
http://tinyurl.com/ybxgbtc
http://www.nytimes.com/2009/10/05/business/economy/05simmons.html?_r=1&ref=business
Monday 10-05 An Open Letter To Senator Max Baucus
Dear Senator Baucus,
I am writing to ask for your assistance and also that of your fellow members of the Senate Finance Committee. I am in good health and would like to make a comment on your health insurance bill. As I understand it, the House and the Senate have replaced the dot com and mortgage bubbles with the Bailout, Cap and Trade and Health Care bubbles. Unlike you I am not a law school graduate so I do suppose it is constitutional for the Democrats and the Republicans to join together and create a direct pipeline from our paychecks, our wallets, our bank accounts, our pensions and what is left of our 401Ks and IRAs to suction that money directly from us to Goldman Sachs, AIG and your other contributors on Wall Street.
I can see your point of view that we desperately need to expand the Health Care bubble beyond even its present nearly stratospheric levels to shore up the economy. I agree with you that we are in desperate times. If we used the same definition of unemployment that President Clinton used in 1993, our unemployment rate would be 17%. That is a serious problem.
You and your fellow Senators are doing your best to keep the Health Care bubble alive. Saline bags which cost $1.29 and hip replacement parts which cost $400 are sold through our insurance companies for $400 and $12,000 respectively. You get paltry millions in campaign contributions while the insurance companies take in hundreds of billions of dollars in premiums.
The gist of your bill is to do nothing to reduce the costs of prescription drugs because the pharmaceutical companies are generous campaign donors and times are tough. So what you have done is to propose a bill that would require us to buy insurance. Once health insurance is mandatory we all know that the insurance companies will increase our rates, raise our co-pays and cut service. I do not care if they cut our services and raise our co-pays because as I said I am in good health.
But I have also been hit by hard times and find it extremely difficult to keep my share of these Bailouts going. Therefore I have written to you to ask for your assistance. I cannot afford to either buy health insurance or to pay a humongous fine for not buying it.
And there are tens of millions of people on Medicare who cannot afford even forty dollars a month in cuts to their only health insurance program. And from what I have read over the Internet, I understand that 80% of working age Americans cannot afford to pay more either for insurance or for co-pays as your bill would require.
Therefore to expand the Health Care bubble even beyond its present limits, I would like to make a modest suggestion: I read some years ago at Asia Times that the total amount of bribe money laundered by the banks for politicians worldwide was five hundred billion dollars a year. How about getting some of that money to help buy insurance for healthy people who don’t need the coverage or to subsidize those who do need help and are facing bankruptcy?
I wanted to go to the G-20 Summit in Pittsburgh to share my ideas but I am glad I did not attend. The police and the military out numbered the demonstrators three to one even if you count the agents provacateurs wearing police issue boots. And those LRADS (Long Range Acoustical Devices) can do permanent damage to our hearing. And I did see that man get kidnapped by the military. I really do not want to be sent to Guantanamo.
Since you are a law school graduate, you can explain to me exactly how and when we the people lost our First Amendment right to peaceably assemble and petition the government for the redress of our grievances.
Do not misunderstand me. I am not one of those complaining types. I just wish I had been allowed to assemble in Pittsburgh to ask my elected representatives for a little help so I can keep these gargantuan bubbles going. Since I can no loner legally assemble and petition my government, I have decided to ask you through this Open Letter for your help. I have been paying into these bubbles for decades. I sincerely believe it is past time for Washington and Wall Street to give something back to me.
http://almost117days.blogspot.com/2009/10/monday-10-05-open-letter-to-senator-max.html
More scandal:
Wellpoint suing the state of Maine b/c they want a 18.5% rate increase on the policyholders of Wellpoint subsidiaries:
http://www.huffingtonpost.com/2009/10/05/wellpoint-subsidiary-figh_n_309529.html
Does anyone here who is from the US still support protecting the profits or existence of these “insurers”?
Former BOA employees joins debtors revolt against BOA:
http://www.huffingtonpost.com/2009/10/05/debtors-revolt-former-ban_n_307088.html
C’mon peoples. Reserve more copies of Where’s Kenny Boy at Pirate My Film! If they lower the budget any further they’ll have to fly inside their luggage. You don’t want that do you?
BTW Max n Stacy. I’ll take my profits in Golllld. None a that dodgy paper stuff. Mwahahaha. Yes, even intergalactic Aliens use rare elements for currency. Our self-replicating nanobots depend on them. More money equals more bots! Bots for the win!
BTW, the real reason the US lost the Olympics: MOST of the world’s athletes come from “national security threat” countries that would Never make it past Fatherland Security, or worse, get Gitmo’ed.
O, I wish I was in the land of cotton
Old times there are not forgotten
Look away! Look away!
Look away! Dixie Land.
Consider this from Janet Tavakoli, author of “Dear Mr. Buffett” in an interview with Max Keiser:
“Regarding the outlook, my analysis is grim. I am not a doomsayer, I follow the cash, and so far, I’ve been correct, and the government has been wrong. Here’s the situation. We are at greater risk of a total meltdown due to a deflationary collapse than we were in 2007. After the greatest Ponzi scheme in the history of the capital markets, we’ve seen history’s greatest fiscal and monetary expansion, but it hasn’t worked. Debt levels of consumers and business exceed the capacity to repay.” (Janet Tavakoli On The Edge With Max Keiser)
http://www.informationclearinghouse.info/article23639.htm
I was going over my dvd collection today for something to watch and came across Rainer Fassbinder’s Ali, Fear Eats The Soul…and I realized this “Islamofascist” fearmongering is nothing new, but has deep roots in the “western” idiom. RF did away with this mythology in 1974: so, technically, the west has been retrograde ever since. A snippet,
http://www.youtube.com/watch?v=822Tzx3gn1A
And this brought to mind the 1974 classic Three Days Of The Condor which pretty much explains US foreign policy today: it’s all about who controls energy, and GMO food…
http://www.youtube.com/watch?v=GtTSOSVzYHg&feature=related
and isn’t interesting that in the same year as TDOTC, The Parallax View also came out? This was the FIRST hint at the privatization of war, and the reality of political executions in a Supposed “democracy”
http://www.youtube.com/watch?v=MNMi8fXi5Os
Re-watching this shit is fucking bone chilling because the plans within plans have been orchestrated so far in advance, and with such Brazenness, that one must question whether our future is random or carved in stone.
Holy Warmongering, Batman . . . check out Lindsay Graham on Iran:
http://videocafe.crooksandliars.com/david/graham-dont-leave-attack-iran-israel
George Carlin – i’m sure you’ve all seen this before but it’s worth a repeat performance – telling like IT IS:
http://www.dailymotion.com/video/xd87z_george-carlin-education-and-the-eli_extreme
The world’s biggest fucking Douchebag, Nary O’Grady, in TOTAL fucking anti-Chavez melt-down mode (check out her other op-eds: fully 30% are devoted to Chavez!):
Revolutionary Anti-Semitism
Chávez imports Ahmadinejad’s ideology to Latin America
http://online.wsj.com/article/SB10001424052748704471504574451341698592458.html
In a SINGLE op-ed she equates Chavez, Ahmadinejad, Hamas, Hezbollah, “anti-semitism”, nuclear weapons not only in Iran but in Venezuela, Israel’s “existential threat”, support FOR the coup d’etat in Honduras, and anti- Bolivia comments in a SINGLE article.
If there is bigger piece of shit – aside from John ‘Yosemite Sam’ Bolton (who has an equally Repulsive and INSANE op-ed in today’s WSJ, http://online.wsj.com/article/SB20001424052748703628304574452933624279114.html – then I don’t know of one.
Oh, wait! I forgot about Kissinger – may he rot in hell.
September 11,/i>, 1991,
http://video.google.com/videoplay?docid=-3716943478240597133#
How’s THAT for a head’s up?
There is no such as a “coincidence”.
Ilya, Ilya, Ilya look at what your missing…life is grande at the top..especially at the top of a debt ponzi..
But while Simmons now faces an uncertain future, Mr. Eitel was a winner in The Great Game of Life. As chief executive, he enjoyed country club memberships, personal use of the corporate jet and thousands of dollars a year in free mattresses. Before stepping down last fall, he earned more than $40 million in compensation, bonuses and perks, according to an analysis by Brian Foley, an independent compensation consultant in White Plains. He earned the bulk of his money when Simmons was sold to Thomas H. Lee Partners.
Mr. Eitel ran Simmons as if it were his fief, several former executives said. His son joined Simmons’s sales force and a son-in-law landed in the company’s marketing department. A daughter often sang at corporate functions and even wrote and recorded a series of songs that were pressed into CDs and distributed at a sales meeting in Las Vegas.
The private equity firms that owned Simmons during Mr. Eitel’s tenure appeared to embrace Mr. Eitel’s lifestyle. The first year that Thomas H. Lee Partners owned Simmons, the mattress company even paid the $92,000 salary and benefits for the captain of his yacht.
http://www.nytimes.com/2009/10/05/business/economy/05simmons-side.html?em
Apple quits Chamber of Commerce
Big Al at the ready
I like Linux but have to work with PCs at work.
@ Ilya – Yes, there is such a thing as transnational politics. Jim Demint just came back from his Honduran trip in which he met with the coup regime. He said that they are doing a great job upholding freedom, democracy, and the rule of law. We now have another 3 Republicans getting ready to go to Honduras to meet up with part of the transnational right.
Found these vids on Warren Pollock’s Inflection Points blogspot.
http://www.youtube.com/watch?v=YPXncTuwFIE&feature=player_embedded
http://www.youtube.com/watch?v=fn52FV9hgkE&feature=player_embedded
Has Max ever interviewed Warren Pollock? It would be interesting to see them interact and refine some points.
Some fun Maddow clips . . .
GOP undermining US foreign policy:
http://www.msnbc.msn.com/id/26315908/#33185390
New ACORN bill (Against Corporations Organizing to Ripoff the Nation):
http://www.msnbc.msn.com/id/26315908/#33185572
@Bill Bruford .. the Bill Bruford from “Yes” ?
YES!
Simply the greatest band ever. Seen them about 45 times since 1977.
http://www.youtube.com/watch?v=3lO1jyHpeuU&feature=related
@Ilya .. YES !
Yes … great group .
My cousin (RIP) went to school with Rick Wakeman.
BTW … Bill Bruford did a great album together with Annette Peacock … I’ve lost the CD , and it seems one cannot order it anywhere !
@Ilya … Annette Peacock with Bill together
http://www.youtube.com/watch?v=i93nGzj-EOA
One of my favourites – Survival
<I…From 1979's "Perfect Release", here's poet/songstress, Annette Peacock with the smooth groove "Survival." Sampled later for Madd Rapper with Busta Rhymes' "Bongo Break"; Ghostface's "Kunta Fly Shit"; and J-Live's "Braggin' Writes". Enjoy…
http://www.youtube.com/watch?v=Oz9Ae6YW3s8&feature=PlayList&p=3537F863D5EA859F&playnext=1&playnext_from=PL&index=79
Damn Spamcontrol again …
Here it is again – Annette Peacock – Survival
One of my favourites :
http://tinyurl.com/yblsaer
She also did “summer time” .. can’t find it anywhere though.
It is also one of my favourites .
Hay Ilya Kuryakin are you really as hot as your pic shows or are u just foolen us?