Stacy Summary: I found this cartoon at this SeekingAlpha link to Max’s last France 24 appearance. In case you didn’t know, you can embed images in the comments using html. Flickr has an easy to use option; but I think there are at least a dozen other options like PhotoBucket, etc.
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![[Most Recent Quotes from www.kitco.com]](http://www.weblinks247.com/indexes/idx24_usd_en_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/platinum/t24_pt_en_usoz_2.gif)
Somebody home?
Can’t be coincidence……………
FIRST!!!!!!!!!!!!!!!!!!!!!!
Great Cartoon … love it !
@you can embed images in the comments using html.
Yes, I know …. if your Spam-filter didn’t keep erasing them !
UPDATE: China 2008 Net Gold Imports 112 Tons – Minsheng Exec
…HONG KONG (Dow Jones)–China imported 112 metric tons of gold in 2008, an executive at China Minsheng Banking Corp. (600016.SH) said Thursday.
A rise in net imports was driven by 176% growth in investment demand for the yellow metal, which hit 68 tons, and 21% growth in jewelry demand to 326 tons, said Lila Lu, the Beijing-based head of precious metals at China Minsheng Bank.
According to official estimates, China’s gold mine production reached 282 tons in 2008, making the country the biggest producer in the world.
But that hasn’t been enough to meet rising demand in the country, which is increasingly looking to gold as a means to diversify its large foreign exchange reserves….
http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=4f0783ef-cfdd-4598-9ccd-0608b4ec8369
@s.herbert
just got through reading todays jibber jabber… link to pics how brilliant!!!
PS. read the link to man cut off own genitals… from comments ‘that aint news…”man cuts off own testicles with rusty butter knife” or “man bites off own testicles” or “chef serves own testicles as entree” that’s news.’
There is no gold in Fort Knox.
Gold’s no-confidence vote on Obama
http://www.americanthinker.com/2009/10/golds_noconfidence_vote_on_oba.html
@Illya Kuryakin … There is no gold in Fort Knox.
Of course not … that’s why it is so well guarded !
@Phil,..I think Illya has been there, and seen it,. he seems pretty sure about most things, almost got me convinced!
Gold Against the Dow – The Forest
http://news.goldseek.com/GoldSeek/1256226127.php?
@Dedo … actually, it’s really amazes how many places he’s been to in time and space !
@Stacy … Image embedding keeps getting deleted by your spam system … what to do ?
Is there a trick ?
No video embedding possible?
*The alleged gold in Fort Knox hasn’t been audited since 1950.
*Only two presidents have so much as set foot inside Fort Knox: Roosevelt and Truman.
*UK and France demanded US debts be paid in gold; Nixon then removed the gold standard, abrogated Bretton-Woods, and ushered in the present day fiat ass-wiping system.
*After that the US bought off the Saudi’s who then based oil in USD and recycled that toilet paper back into Treasuries.
Do you need a freaking roadmap?
@Dedo
@Illya Kuryakin … There is no gold in Fort Knox.
Of course not … that’s why it is so well guarded !
That is precisely why it’s so well guarded: to maintain the illusion.
The only pertinent question is: where did the gold go?
Hey this embed thing is pretty cool
@Hey this embed thing is pretty cool
Hello ? … what embedding ?
@Illya Kuryakin …Ft. Knox
Seems there are 9.72 Million other people looking for it as well !
Ergebnisse 1 – 10 von ungefähr 9.720.000 für fort knox
http://www.google.de/search?hl=de&client=opera&rls=en&hs=ElL&q=fort+knox&btnG=Suche&meta=&aq=f&oq=
Illya’s Personally Guaranteed Daily Picks # 794:
http://ca.finance.yahoo.com/q/bc?s=AUR.V
http://finance.yahoo.com/q/bc?s=RML.V
…and the only gold in Fort Knox is the couple hundred ounces it took to gold plate 130,000 ten kilo slabs of lead. I mean, seriously: do you believe everything they tell you???
Gold As Theater
…So Whose Gold is it at Fort Knox?
The U.S. gold manipulation issue now has the look of a full-blown scandal. When the debate was simply how much did the Fed and Treasury influence gold prices over the past few years, the answer was always: “plenty – and so what?” Today, the real question is: Who owns the U.S. gold reserves? John Hathaway of Tocqueville Asset Management brings us his essay, “Gold As Theatre.” …
http://www.onlygold.com/articles/ayr_2001/So_Whose_Gold_is_it_at_Fort_Knox(September_1_2001).asp
@Stacy & Max
i’ve never heard you guys speak about the Office of International Treasury Control….why is this? you very occasionally speak about the BIS …is the Office of International Treasury Control not important enough to you two?
And if you want further evidence there is no gold in Fort Faerie Tale, why hasn’t the FED or Ministry of Bullshit (Treasury Dept.) been dumping gold to back it’s “strong dollar policy”? C’mon!
The goose that laid the golden egg got confit’d a long time ago.
PS@Gold As Theater
Written in August 23, 2001
… The neat trick will be inflating stock prices in the face of deteriorating fundamentals. The investment mania in technology and telecom has created sufficient overcapacity to last many years. It also sparked a boom in consumer goods that will take years to unwind as individuals struggle with record indebtedness. It will not be long before widespread recriminations and finger pointing become a favorite media blood sport.
…
http://www.onlygold.com/articles/ayr_2001/So_Whose_Gold_is_it_at_Fort_Knox(September_1_2001).asp
Amazing physics
http://www.youtube.com/watch?v=c3asSdngzLs&feature=rec-HM-fresh+div
Cool !
Just watched Max in Fall of the Republic. He looked great, very credible as finance/wall st. expert.
I’ve been thinkin that my sign for the bankers’ protest in Chicago next week should just say “Google Max Keiser.” Let the people come to the knowledge and not beat them over the head.
BTW, does anyone know who Benjamin Fulford is? Tell alex jones that he saved the world last June from the New World ORder:
http://www.youtube.com/watch?v=kqPg-mc1CIQ&feature=related
One does not simply.. bailout mordor!
I posted an image of the gold at Fort Knox but the spam filter ate it.
You can download Fall Of The Republic here.
I posted an image of the gold at Fort Knox but the spam filter ate it.
Expect Fatherland Security to crash your door in the next ten minutes.
Like the Visigoths that sacked Rome – Wall Street sacked Washington.
@Illya
thanks for the link. Fall of the Republic – very good
US Joins Ranks of Failed States
While the US government squanders $400 per gallon of gasoline in order to kill women and children in Afghanistan, many millions of Americans have lost their jobs and their homes and are experiencing the kind of misery that is the daily life of poor third world peoples. Americans are living in their cars and in public parks. America’s cities, towns, and states are suffering from the costs of economic dislocations and the reduction in tax revenues from the economy’s decline. Yet, Obama has sent more troops to Afghanistan, a country half way around the world that is not a threat to America….
An unmistakable sign of third world despotism is a police force that sees the pubic as the enemy. Thanks to the federal government, our local police forces are now militarized and imbued with hostile attitudes toward the public. SWAT teams have proliferated, and even small towns now have police forces with the firepower of US Special Forces. Summons are increasingly delivered by SWAT teams that tyrannize citizens with broken down doors, a $400 or $500 repair born by the tyrannized resident. Recently a mayor and his family were the recipients of incompetence by the town’s local SWAT team, which mistakenly wrecked the mayor’s home, terrorized his family, and killed the family’s two friendly Labrador dogs.
If I may quote Admiral William Adama:
There’s a reason you separate military and the police. One fights the enemies of the state, the other serves and protects the people. When the military becomes both, then the enemies of the state tend to become the people.
No truer words have ever been spoken.
I’ll have to learn how to send a link but i thought that this was interesting enough to send. I dont see GS mentioned and I’m sure there are loopholes……Danada
Wall Street Pay Cuts Stoke Debate About Obama’s Reach (Update1)
Oct. 22 (Bloomberg) — The Obama administration slammed Wall Street by ordering pay cuts of an average of 50 percent and caps on benefits for top executives at companies owing the government billions of dollars from taxpayer-funded bailouts.
The news triggered debate about the government’s reach into private industry, whether pay reductions would spread to other companies and if a talent drain from U.S. firms would ensue. Others cheered the move.
“I don’t think there will be any charity cases on Wall Street,” said Representative Barney Frank, 69, a Democrat from Massachusetts and chairman of the House Financial Services Committee, in a telephone interview. “This is a very good thing.”
Executives at seven companies including New York-based Citigroup Inc. and Charlotte, North Carolina-based Bank of America Corp. will have their pay cut by an average of 50 percent after months of negotiations with Kenneth R. Feinberg, 63, the U.S. special master on compensation, according to people familiar with the matter.
The cash portion of salaries for the 25 highest-paid employees will be slashed 90 percent under Feinberg’s review, which will be released as early as today, according to one person familiar with the talks. Some cash will be replaced by shares that employees will be restricted from selling immediately, another person said.
The vast majority of cash salaries are at or under $500,000, according to a person familiar with the matter. The highest paid executive is at Bank of America with a compensation package that comes in under $10 million, the person said, declining to identify the executive.
‘Slam Dunk’
The administration, mindful of popular anger over Wall Street bonuses and risk-taking that sparked the worst financial crisis in seven decades, responded favorably to Feinberg’s work.
“The president put Ken Feinberg in place in order to be an advocate for taxpayers and it appears that Feinberg is doing what the president put him in place to do,” said Bill Burton, a White House spokesman.
Some compensation experts said that the moves would drive talent out of U.S. financial institutions when their expertise was most needed.
“The government is acting like the owner they are, and they’re a pretty ticked-off owner,” said Steven Hall, managing director of New York-based compensation consultant Steven Hall & Partners LLC. “The fear is, will this make people throw up their hands and say, ‘I have to leave’?”
‘About Time’
Politicians disagreed. “It’s about time that somebody stands up to these folks we bailed out,” Representative Elijah Cummings, a Maryland Democrat, said in a phone interview. “They seem to have forgotten that they would not have jobs in many instances if it were not for taxpayers.”
Main Street hasn’t forgotten, noted Charlie Cook, publisher of the nonpartisan Cook Political Report in Washington.
According to a recent poll conducted by Hart Research for the Economic Policy Institute, 54 percent of Americans said that “Wall Street investment companies” have benefited the most from the government’s stimulus efforts. Only 10 percent said their family has felt significant benefits.
“It would be a mistake for the financial sector to underestimate the depth and breadth of this anger,” Cook said.
Political ‘Slam Dunk’
“Politically it’s a slam dunk for the administration,” said Dan Schnur, who was communications director of Republican Senator John McCain’s 2000 presidential campaign. “As the administration takes on the CEOs of these companies this forcefully, even if it’s a relatively limited number of companies, the voters are going to react very positively.”
Other Republicans said the administration shouldn’t have bailed out banks in the first place.
“I hope taxpayers realize that the only way they ever end up subsidizing offensive executive salaries is when the government bails out the executives and the companies they run in the first place,” Representative Jeb Hensarling, 52, a Texas Republican and member of the TARP Congressional Oversight Panel, said in a statement.
Feinberg, who was special master of the September 11th Victim Compensation Fund, was named to the Obama administration pay position in June following public outrage over reports in March that New York-based American International Group paid $165 million in bonuses to employees of the derivatives unit.
While some consultants who advise companies on pay issues said Feinberg was being too aggressive, political analysts and lawmakers said the administration’s efforts to curb pay are appropriate.
Political Pressure
“I suspect that the government is responding to building political pressure because Wall Street has found its stride again,” said Jeff Davis, an analyst at FTN Equity Capital Markets. “Pay is going to be huge at previously TARPed institutions such as Goldman Sachs, Morgan Stanley and JPMorgan.”
“They’re responding to a building political firestorm in Congress,” Davis said. “As much as the Street wrings its hands about the government setting things like pay, once you take the government’s money, you got into that bed.”
To be sure, the administration’s role in corporate governance could jeopardize the government’s own investments in these companies. Some analysts warned that top performers at firms like Citigroup, in which the U.S. has a 34 percent stake, could jump to competitors that don’t operate under the same restrictions.
With steep pay reductions, “we will be cutting off the taxpayer’s noses to spite their faces,” said Robert Profusek, a partner at Jones Day in New York. “This slash-and-burn approach is, in my view, incredibly short-sighted.”
‘Strong Position’
“They have taken a very strong position,” said Gerald Rosenfeld, deputy chairman of Rothschild Inc. and co-director of New York University’s Business and Law program. “There are going to be a lot of active poaching attempts, most likely by European banks. This certainly is going to be a problem for Citigroup and Bank of America.”
Stephen Cohen, Citigroup spokesman, declined to comment, as did Scott Silvestri, a spokesman for Bank of America. Citigroup was unchanged at $4.42 at12:21 p.m. in New York Stock Exchange composite trading. Bank of America fell 34 cents, or 2 percent, to $16.17.
In addition to compensation at Citigroup, Bank of America and AIG, Feinberg is overseeing pay at Auburn Hills, Michigan- based Chrysler Group LLC, Chrysler Financial Corp., Detroit- based General Motors Co. and GMAC Inc.
Auto Executives
The automakers might escape the same level of cuts, according to David Cole, chairman for the Center for Automotive Research, who noted that the auto executives are paid less than those of banks.
Feinberg’s review went beyond paychecks. Benefits such as limousine service and use of a company’s aircraft valued at more than $25,000 must be approved by him, the people said. Some companies, including AIG, have already exceeded that limit and will have to pay back the difference to the U.S. Treasury, according to one person familiar with the negotiations.
Employees of AIG’s derivatives unit, blamed for the insurer’s near-collapse last year, will be limited to $200,000 in total pay, one person said. Feinberg’s report also will urge AIG executives who have pledged to return their bonuses to honor that commitment, one person familiar with the matter said yesterday.
In the last few weeks, Feinberg has sent signals that he was willing rein in Wall Street practices under his jurisdiction.
Citigroup on Oct. 9 agreed to sell its Phibro LLC energy- trading unit to avoid a potential showdown with Feinberg over a $100 million pay package for Andrew Hall, the unit’s CEO. Bank of America Chief Executive Officer Kenneth Lewis, at Feinberg’s urging, agreed last week to give up his 2009 salary and bonus.
“If Wall Street doesn’t like it, they can give the money back,” said Democratic strategist Steve McMahon. “If they see a passing ship with better financial prospects, I’m sure they’ll jump anyway whether there’s government money involved or not.”
Insiders have recently been selling stock hand over fist lately, and evidently some large institutions have started following suit. I just saw at http://www.goldalert.com/gold_price_blog.php that there were large put purchases on the SPY and IWM at the open today:
“SPY March 70 puts, bought 14,000 and SPY March 90 puts bought 2,500; IWM customer bought 10,000 Nov 59 puts at 1.51″
So some large whales are betting the market has topped out.
@illya
BTW… I’m with on the fort knox thing… tungsten not lead though???
@maxkeiser.com
hey stacy… dan valley emailed me and said to petition you on his behalf, as he cannot post on this site… he didn’t say what the problem was… can you fix it for him???
cheers.
@All … will there ever be a crash of anything ?
No dollar crash
No GBP crash
No equities crash
No Bond Market crash
No October anniversary crash
Looking back .. the Banksters certainly fooled most of us !
I suppose the old WS saying goes … “You can fool the people all of the time” !
PS@All … will there ever be a crash of anything ?
Aha … a Gold crash ?
I suppose if things continue like this, it will be expected !
;-(
Paulson to limit executive pay to maximum of $10 billion a year and NO MORE!!!…er, unless the market ‘rebounds’
Funny how socialist economies are doing better than capitalist economies…
@Illya Kuryakin .. ” limit executive pay to maximum of $10 billion a year and NO MORE!!!”
LOL …. I wonder how many will resign !
RE: Gold storage,. If there is a fortified structure to store gold along with armed guards, why move it? Does it matter where the fk it is.
And if it does, why?
Oh the Russians have it, oh no it’s the Germans, oops it’s the British, hang on I saw it gettin’ moved on a truck from under the twin towers before they collapsed, huh, c’mon, give me a break!!
Illya Kuryakin
Oct 22, 2009 at 8:50 am
Phil
Oct 22, 2009 at 8:54 am
There is no gold in ……….
Use to be all the gold was at the NY FED but it left.
Use to be there was a lot of gold at GLD but it got shorted out. No it use not because of Bond and Odd-job fighting.
Use to be there was a lot of gold at COMEX but they were always just kidding.
Use to be there was a lot of gold everywhere but someone now has it all.
Hey Max, why did you do it.
Max/Stacy
Note: Since Max now has all the gold and it is hard to short they have a brand new method to show that it is trading down on the day. This applies only to TV tickers on CNBC & Bloomberg pricing for some reason.
Watched them do this last night, but don’t know who does it. Around 5:00 PM EDT futures gold somehow traded at 1,060.00 but spot gold was at the same time 1,055.00.
When they reset the price changes around 5:00 PM EDT, presto change-o. Gold was down 5.00 and trading at 1,055.00. This difference is reflected on the TV tickers all day long.
Guess when you can’t short the real stuff anymore you have to resort the magic and lying.
Follow The Gold
The only pertinent question is: where did the gold go?
I have it.
government intervention is main cause behind collapse… Mish
You Can’t Lose What You Never Had
Marc Faber and Bogle are correct that a collapse is coming. However, you can’t lose what you did not have. Capitalism did not fail, government regulation as it inevitably does, failed.
Fannie Mae, Freddie Mac, FDIC, Social Security, government bailouts of failed institutions have nothing to do with capitalism. Nor do tax breaks that favor housing over rent, nor does a government running HUG or FHA to support social goals.
The SEC took a perfectly fine credit rating system based on actual performance and turned it into sponsorship of Moody’s, Fitch, and the S&P. After SEC sponsorship, the “Big Three” got paid on the basis of the volume of business they did instead of how accurately they did business. (See Time To Break Up The Credit Rating Cartel) for details.
Virtually everything that failed can be traced back to government intervention into the free markets, especially the creation of the Fed itself.
@frances
The only pertinent question is: where did the gold go?
I have it.
Bull! I have more gold than Fort Tooth Faerie! Oh, wait…I guess a few ounces isn’t saying much. My bad. Proceed.
A great graphic novella about the Honduran Coup/Counter-Coup, historical background etc:
http://www.alternet.org/images/slideshows/houduras_coup/illustration.php
@ Y’alls: imho, Fall of the Republic is much better than the Obama Deception… no AJ hotel-room freak-out of bullhorn sequences… tinfoil factor gets turned up a little in the last 1/3rd but not too heavy.
Anyone know when Vol.2 is planned to be released?
@Illya:
I just forgot where I buried it!!!
Goin out with my shovel right bout now.
@toffwho
if only all writers on film could be so concise and to the point… makes me feel like watching it (maybe)great reveiw!!!
Illya:
Do you have a link for the scuttling claw verse? It was rather nice.
@Dedo:
We interrupt your regularly scheduled programming for this missive regarding silence:
http://www.youtube.com/watch?v=lLUsPNNwCa4
@frances
Jesus! Have you no culture or breeding
?! It’s TS Eliot! The Love Song Of J. Alfred Prufrock…about the first poem any UK’er would know besides Ode On A Grecian Urn or Milton’s paeon to global hegemony – “And did those feet, in ancient times, walk upon England’s pastures green?”
Of course all of them are sadly inept translations of the original Russian verses.
@illya
er… yeah… no!!!
yours not any uk’er
http://www.youtube.com/watch?v=chUj9D68FpU
Oh, Illya. Of course, I just don’t know TS that well. I do love Mothman the best.
I do love TS. But I love Walt Whitman better:
There was never any more inception than there is now,
Nor any more youth or age than there is now,
And will never be any more perfection than there is now,
Nor any more heaven or hell than there is now.
Urge and urge and urge,
Always the procreant urge of the world.
Stella! Ain’t you agot no breedin? You left the door wides open fit to fly a kite!
Pa! I’m right sorry, just been a readin this here book. Don’t figure it well, the feller says the wind doth got genitals.
Letmesee that there book! Why, this writin is commie-nest fur sure. Where’d you find it? Leaves er Grass…
I gotter at the book-a-mo-bile. It’s free, Pa! Shoot, allyer needs is a card with yer name onit.
Well, I rightly don’t know…hmmm Gernitels you say? Might be readen some set to supper. Now hush up, Steller, and fry me some catfish!
Humph. Illya. Your face is a sadly wrought translation of Plymouth Rock.
What the HELL is driving the market?
Mike
@frances
Do me a favour, if you remember, and ask me about a Philip K. Dick poem at some point in the future…I don’t recall it right now, but it is…well…magnificent.
Goddammit, I hate not remembering shit.
@Mike/Liverpool …What the HELL is driving the market?
BSF … Balance Sheet Fraud !
What the HELL is driving the market?
Mike
Manure.
@Illya:
Remember: Bill Gross termed it ‘doo doo economics’! Isn’t Bill clever? It’s easy to be clever and rich like Bill if you are completely corrupt as well!
Mike/Liverpool:
http://www.reuters.com/article/ousivMolt/idUSTRE59J66820091020
Because fierce international resistance will likely prevent such a large dollar devaluation, Connolly told Reuters the Federal Reserve may instead have to extend indefinitely its artificial support of a struggling U.S. economy by purchasing another $2 trillion in U.S. Treasuries and federal housing agency debt.
Don’t get me started on that fucking asshole Gates and his Rockefeller buddies creating the “seed vault” in the Arctic…there is no pit in hell deep enough for these vermin.
@frances snoot .. http://www.reuters.com/article/ousivMolt/idUSTRE59J66820091020
That’s funny, was just going to post the same !
The idea being that more money injected into the banks ( & therefore market ) and to hell with the US$… the market will inflate to counteract the US$ devaluation accordingly !
@snoot, all
You have to buy the self storing gold, much more convenient..
To know what is in Fort Knox you just have to know the number of knocks and look for yourself.. (that is knocks on the door, so they let you in, heheh, funny eh?)
I’m a little disillusioned by the importance of the comming mahem relative to the inevitable global carbon fart as countries start rolling through the mud over resources and oil..I will start pleading to remove all the dangerous psycho’s from office who think in adversarial terms, or who can’t resist the though of representing vast numbers ov nonconsenting adults… Its time for loving people to show that their close social circles are the only one that counts, and all else is surrogate for the somehow unadapted. Karma my friends, and the process of passively breeding out agression..
testing something here..”"”"
@ Phil do you spread bet or ETF ?
Governments and kings and fraudulent bank schemes and a few little people drive the market in Gold you could say its completely Free this market with all the stuff that you can read about.
Do not get down hatred remember no one can see the future and it costs to maintain the unstable lol boy someone’s paying lol its probably us and via some future tax
PS@“” The idea being that more money injected into the banks ( & therefore market ) and to hell with the US$… the market will inflate to counteract the US$ devaluation accordingly !”
Of course, I expect they will spin this as follows :
- Devaluing the US$ = devaluing the US bank debt
- Bolstering the share capital of US stocks by banks buying cheap while stocks rise on lower US$.
- cheap exports – expensive imports – more US jobs
The only problem I see is that they’d have to take the DJIA to 100K to have any effect !
If I had known it was harmless I would have killed it myself.
@Phil:
I was concerned with the Fed continued purchase of Treasuries bit (2T)…my my how well they run our government! Makes me Proud to be an American!
@Illya;
Stella said she’s got seeds, if you need some. She says she keeps adiggin but hasn’t found that Forty Knocks gold boooyllon yet.
@Fibon11235 …” Phil do you spread bet or ETF ?”
Options on ETFs like UDN , GLD, SLV etc … but my main concern is that if the US$ drops badly, they may just introduce capital flow restrictions for foreign money , i.e. trapped !
;-(
Once thing for sure, it’s going to be pretty interesting to see which route they take ! After all, they (PTB) “do” want to keep the music playing at all costs !
I think the sign of the times is the way the just re-booked Ireland’s debt into an SPV , i.e. off balance sheet crap.
I’m surprised that Max or Mike Hudson haven’t had a raving rant on this one yet !
.I will start pleading to remove all the dangerous psycho’s from office who think in adversarial terms,
@MotherEarth:
I am confident that your pleads will be heards.
Shoot, Steller. Dig a faster! Wez got compeetition!
http://www.sondrak.com/archive/skpics2/obama_snow_shovel.jpg
Off for my midnight walk ….CU all later maybe !
@Snoot
If you ever looked into it it is basically what budhism does with its karma philosophy.
One way is to create a division in the army where you recruit the most agressive gang ho bullies that you actually don’t want holding a gun. Then use them in a war of choice with other countries that have done the same..That will never happen, but one must agree there is a natural selection process of some type going on in the recuitment offices, coercive, abusive, wildly unjustified..
@ Phil Good luck to you… You could always buy stuff where your capital is,,
I guess you want to shift it but now you cant … Iv not got much of a problem as im not that rich.. I read allot of finance books a few years back and did a few spread bets but found that I made a mistake or two and lost not allot but enough. I did keep me money management strong. I was wondering if to have another go.. but you know I think ill set up a new business instead as its a good place for all the time im got at the moe and well I ok with ideas of doing stuff.
Im looking for a long term pension strategy outside property possibilities and all that… I wont use a pension fund noooo way nor some investor. You see how things are changing im not the only one, as you know, im sure..I cant see the future not at all but it does have end of empire sprayed right across it somehow?
http://www.youtube.com/watch?v=KLQg-Mv9Hfg nostalgia of another kind , give it to me , eva braun .Heidi Brühl 1966 – ” Hundert Mann und ein Befehl ‘ /100 men and one order. [phil, a bit different to version by freddy. !]
@ Phil
Thats why my instinct say keep it real and solid and play only in the real economy the government are in nody land with the finance lot Im not sure I would want to join them.. but i may be prejudice I dont know…but kicking things you dont like into the long grass is not a good Oman for the future somehow it smells of panic and short term.
What the hells going to happen next ?
There is no money to provide the uninsured with health care, but Pentagon officials have told the Defense Appropriations Subcommittee in the House that every gallon of gasoline delivered to US troops in Afghanistan costs American taxpayers $400.
According to reports, the US Marines in Afghanistan use 800,000 gallons of gasoline per day. At $400 per gallon, that comes to a $320,000,000 daily fuel bill for the Marines alone. Only a country totally out of control would squander resources in this way.
From: U.S. Joins Ranks Of Failed States by Paul Craig Roberts http://tinyurl.com/yl38gw7
People need to learn the lessons from the ENRON scandal:
“The ENRON experiment has shown the ruling elite how gullible the public and private sectors are. The information from ENRON is being used to guide the ruling elite in how far they can push foreign and domestic investors with blatant share-price manipulations before the shell will crack. ENRON was a micro-level matter, concerning a single organization. The ruling elite have pressed the result to the macro level and are openly manipulating entire share markets, trying to keep up the image of a healthy economy when they know it is facing certain collapse. As a consequence of the ENRON experiment, many unscrupulous corporate managers also know how much manipulation is possible before they are suspected. This has helped many otherwise weak corporations to keep their share prices artificially elevated to uphold the illusive image of prosperity. The banking sector has used bonding theatrics to uphold their images also. This is just another chapter of the ENRON game being played out.”
Who’s moving the market? Thats easy…
http://upload.wikimedia.org/wikipedia/commons/thumb/8/83/Mugabecloseup2008.jpg/250px-Mugabecloseup2008.jpg
@Fib,..you say no-one can predict the future, I’m afraid to tell you the PTB do, and have for the past several thousand yrs at least.
It’s a bit like keeping cattle in a pen, it doesn’t take a lot of effort to study them, and learn their behavior. so as to guide their future,..know what I mean huh,…sniff sniff!!
@MotherEarth:
I want to believe in Karma, but it seems that the rotten people prosper. I hope you’re right! And a positive view on community and working together is much better than an isolationist bent.
As far as aggressive bullies, do you think it is the male prerogative? As you well know: one can’t fight Mother Nature!
(I meant male prerogative in testosterone urge)
http://www.lewrockwell.com/orig5/goyette5.1.1.html
Goyette on GOld and stuff….
@snoot
Yep, most people can’t help themselves
But karma is not something you need to believe in. As I tried to explain the phylosophy around it is basically one where agression is bred out of the system..You can also simply do that..In fact, to much natural agression (high testosteron) makes you impotent, so nature has already got a safety catch there..
Nice bouncing on the DJIA-chart. Where will it break.. anybody?
http://tinyurl.com/yla724b
The US military is in Afghanistan for two reasons. First to restore and control the world’s largest supply of opium for the world heroin markets and to use the drugs as a geopolitical weapon against opponents, especially Russia. That control of the Afghan drug market is essential for the liquidity of the bankrupt and corrupt Wall Street financial mafia.
According even to an official UN report, opium production in Afghanistan has risen dramatically since the downfall of the Taliban in 2001. UNODC data shows more opium poppy cultivation in each of the past four growing seasons (2004-2007), than in any one year during Taliban rule. More land is now used for opium in Afghanistan, than for coca cultivation in Latin America. In 2007, 93% of the opiates on the world market originated in Afghanistan. This is no accident.
America’s Phoney War in Afghanistan by F. William Engdahl http://tinyurl.com/ygvkber
http://www.versaglobe.com/news/tedSpreadInflationAndConfidenceInTheMarket.htm
The largest TED spread in history was recorded in 2008 as the TED spread was higher than 400 basis points or 4 percent. There seems to be a direct correlation between inflation and a rising TED spread.
http://blogs.sun.com/bobp/entry/have_you_been_watching_the
What I’m wondering is how the Feds are going to fund the loans through TARP and buy 2 T in treasuries??? The TED spread was low due to Government liquidity operations in the US economy.
http://wallstreetpit.com/11207-federal-reserves-targeted-liquidity-operations
This can’t play out for very much longer!
@MotherEarth:
THAT is good news!!!!
Like I said, Stella inhibits my thinking! Nice to open a window and notice summer is outside!
“Karma” is what keeps you sheep in line. Trust me, there ain’t no fucking “afterlife”. You are alive now and that is it. Assuming there is something else “beyond” this veil of tears is their Secret Weapon. Many assholes have tread this path before – it’s happened before and it will again.
There is nothing. Beyond lies the wub, in an unending state of decay, forever decomposing into an unseen and unheard chorus of bullshit.
Seriously, what kind of nincompoop would surrender their intellect to an all-encompassing RAT whose SOLE purpose – based on irrefutable evidence – is Eternal Vengeance upon it’s children? What the fuck kind of Orwellian bullshit is that???
“The sins of the father shall be visited upon his sons”. Huh? In what kind of fucked up universe would something so asinine, so removed from Truth and reality, so self-contradictory, become the BASIS of “civilization”???
It’s fucking INSANE. Anyone who gives it even a second thought is INSANE.
Here endeth lesson #814.
“Karma” is what keeps you sheep in line. Trust me, there ain’t no fucking “afterlife”. You are alive now and that is it.
@Illya:
Partypooper!
@MotherEarth:
You can tell Stella things: she listens.
@illya
you would say that!!!
how long before the peasants start hurling well aimed stones at the glass stage coaches of goldmann sachs ?
Lesson #800
Ilya is jilted in love and hates the entire human race.
Lesson #801
Ilya discovers mayonaise.
Lesson #802
Ilya reaches in his back pocket and crashes his vehicle, limiting the vision in his right eye. Doctors apply tournaquet, blinders, and send Ilya home with remonstrance to ‘take it easy’. Ilya becomes addicted to the blinders and wears them steady for years.
Lesson #803
Ilya discovers playdough in group therapy session with other ‘blinder addicts’. Makes large globe with recessions for oceans and lots of red flags with shiny gold stars.
Lesson #804
Ilya discovers internet whilst peering sedaciously out of left blinder patch. Spends three months typing a secession of “You don’t say”
@y’all
I may be spending too much time on this site… I think I could be quite happy with posting you would say that for at least the next month…sorry…I’m really sorry I will try a bit harder!!!
PS. In my excuse I’m a one fingered typer… and I’m not getting any faster!!!
YOU WANTED IT. YOU ASKED FOR IT.
Well, folks, we are proud to say it is finally here.
Yes, the full thirty volume set of You Don’t Say, 830 Lessons for Life
by your favorite author of the red slant: Ilya!
Don’t forget to order NOW for Christmas delivery. Just 79.95 rubles, and we’ll throw in “How to whistle in Russian Winters” absofuckinglootly free!
Delay at your peril!
@y’all
as reverend max might say, there are two kinds of people in the world the haves and the have nots…let us pray… you too illya!!!
http://newhumanist.org.uk/images/0805-Joffe.jpg ” the unthinkable” never judge a book by its cover.
who of you saw fall of the republic?
(downloaded a torrent)
@Ilya,. yeah, don’t be so fast to step all over someone else’s bullshit, monsieur dictator,.you could at least be more subtle,lol ( only kiddin’,.I love your writing style)
Actually, I’ve had quite a few experiences that are beyond explanation, so I don’t presume to be aware of all dimensions and perception, but if it make s YOU feel like a god to regurgitate all your learnings,..go for it!!
@Super,….fk that two kinds of people,..what cupboard you bin hidin’ in!!
@Frances,…..LOL,..you should be on stage !
Illya:
I didn’t hurt your booboo feelings, did I? I wouldn’t want to do that! All for fun, you know.
http://englishmum.com/wp-content/uploads/2009/05/wedding-chapel-at-grand-floridian.jpg the glass stage coach of goldmann sachs.
http://www.youtube.com/watch?v=R2gyG0x6Ocs won’t be long now until they have us out grazing like livestock on green pastures.
Amazing coach larry!
this could be our last meal together ?
@snoot ..not such a bad coach .,ponies are a bit small .
Michael Moore’s Action Plan:
15 Things Every American Can Do Right Now
http://www.michaelmoore.com/words/mikes-letter/michael-moores-action-plan-15-things-every-american-can-do-right-now
“The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts.”
Bertrand Russell
http://www.youtube.com/watch?v=eylcg45m8oI i prefer to see ponies doing this ,instead of pulling stage coaches.along , white ponies grazing peacefully on endless green fields forever, likely Pomerania or somewhere else ?
Foreign central banks bought 30 Billion Treasuries last week. God know how many foreigners issued dollar denominated bonds(but many)…strangest run on the dollar this minion’s ever seen.
At least now we know they (FCB”s) aren’t re-circulating any trade surplus….Savings glut without the savings….the New World Pantomime….or Charade or Farce or Pornography. One wow is bigger than the next…these guys are somethin’. Desperate times,desperate measures, desperado attitudes abound…lots of all-around desperation.
In the last year both the US Monetary Base & Reserves are up 100%…yet the M’s are only up 10%…very odd…go figure.
@y’all @dantu
the proclaimers
http://www.youtube.com/watch?v=aJfi0Og970w
‘The site, a project of the Center for Media and Democracy, aims to be the most comprehensive resource on the web for lay people who want to understand the battle for control over the financial services industry.’
http://www.banksterusa.org/
French official says U.S. trying to inflate away debt
…’How can we stop the depreciation against the euro, if not by creating euros? The result is that you create inflation.’
But ‘if we lose control of inflation and there is hyperinflation, it’s a catastrophe for everyone,’ he added….
http://www.forbes.com/feeds/afx/2009/10/20/afx7018936.html
Global Perspectives: Steep Market Declines Coming
http://jessescrossroadscafe.blogspot.com/2009/10/global-perspectives-steep-market.html
British nuclear expert falls 120ft to his death in Vienna
http://www.telegraph.co.uk/news/worldnews/europe/austria/6399887/British-nuclear-expert-falls-120ft-to-his-death-in-Vienna.html
@y’all
I just been looking for the baseball song??? that Max posted this morning… I can’t remember which comment section it was in!!!
Greater Depression for UK by The Modern Mystic
http://www.youtube.com/watch?v=h4Cwx4Fn62I
@Global Perspectives: Steep Market Declines Coming
http://jessescrossroadscafe.blogspot.com/2009/10/global-perspectives-steep-market.html
Sees now way out ….
- probably Hyperinflation
- expecting bond market collapse, anyone buying LT treasuries is crazy
- Commercial Real Estate will be a disaster for the market
- Banks have NOT written down CRE yet
@Phil
I’m wondering why a question even exists at to the US defaulting on debt. There are two options: 1. don’t pay or 2. pay in currency of much less value. Either option is a default. Option 2 appears to be the direction chosen.
.
@Dan II … I agree 100%
As the video (Part 2 of Global Perspectives) said :
- the whole game is just a lie
- we’ve got to get away from “paper” trades
- The market can go higher if they keep printing at their current rate, unless something happens to break the spell. But for now, they are buying the bond and indirectly stocks, toxic debt from the banks, and whoring the dollar.
The problem of a possible Hyperinflation was also mentioned by the article ” French official says U.S. trying to inflate away debt ” in cldear and simple words.
i.e. as long as the FED keeps on pumping money into their system, all other CBs will effectively have to follow suit.
Denninger : Recovery? How, Given THIS?
http://market-ticker.denninger.net/archives/1535-Recovery-How,-Given-THIS.html
I think this underlines how the Banks think .. about us.
What I think has to be made clear to the banks is that the money they hold – and use against us – is actually OUR MONEY that we ENTRUSTED them to hold for us in a responsible manner.
These types of banks have to have their banking licences revoked IMO ; and that probably means all those WS banks.
Although I don’t rate M.Moore much, his 15 points diea has some very good ones … move your money to a smaller local bank for starters, then use cash and not CCs.
FWIW
Re Lisbon Referendum look at the security of the Irish Count Centre in Cork
Democracy in First world Ireland=Democracy in Afghanistan?
http://www.youtube.com/watch?v=t764ACqXK3M
http://www.aeinstein.org/organizationsde07.html
On Strategic Nonviolent Conflict delves into the question of how to build a strategy for nonviolent struggle. Covering a variety of topics–such as ways to identify a movement’s objectives, preparing a strategic estimate for a nonviolent struggle, and operational planning considerations–this publication contains insights on the similarities between military and nonviolent strategy. It represents a major new contribution to this field of study. Additional topics covered in the book include psychological operations and propaganda, contaminants that may affect the efficiency of a nonviolent movement, and providing consultations and training for members of movements and organizations
The Fed At The Heart Of Control Of Our Country by Bob Chapman http://tinyurl.com/yhghgsp
@y’all
I think we might need a permanent gthread for gold jibber!!!
http://www.youtube.com/watch?v=kCCtlQynXwY
@frances
The only way you could hurt my feelings is with a Kalashnikov to the temple. Even then I would probably get up and kick your ass anyway.
Re Bertrand Russell and Michael Moore: two assholes. I would elaborate but neither of them are worth my time.
I think that Max should send a call out to artists to send politcal art and cartoons that he could show on his tv show.
By shanemorrow
“2006 Uncle Sam Self-Destructing”
@phil
I know you know about the US default on debt. I’m still amazed that journalists feel compelled to point this out. Those who do not understand this by now do not care or do not comprehend.
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/6407428/The-gold-price-is-too-high-now.-No-one-wants-to-buy.html
Mike
[URL=http://img35.imageshack.us/i/2006unclesamselfdestruc.jpg/][IMG]http://img35.imageshack.us/img35/7353/2006unclesamselfdestruc.jpg[/IMG][/URL]
By [URL=http://profile.imageshack.us/user/shanemorrow]shanemorrow[/URL]
@Illya:
Well, thank goodness my words do not resemble a Kalashnikov!
Damn, do you guys ever get drunk anymore?
I know everyone thinks golds pretty useless but theirs a “small” country with bankers claiming otherwise:
Extracted from the State Bank of India annual report:
Gold Banking
• The Bank has taken several initiatives to undertake bullion business in a big way.
• The number of branches for retail sale of gold coins has increased from 250 in 2008 to 518 in 2009. The Scheme will be extended to cover all important centres of the country in 2009-10 by increasing the number of branches selling gold coins to about 1100. The Bank also undertakes supply of customised gold coins to corporates.
• The Bank has re-launched Gold Deposit Scheme at 50 branches to mobilise gold from domestic market for deployment as metal loans to jewellers.
• The Bank is in the process of setting up a dedicated Bullion branch at Mumbai to undertake bullion business in a focussed manner.
http://brontecapital.blogspot.com/2009/10/goldsmith-as-retail-bank.html
response to administrations proposed stimulus & bailout http://bit.ly/jvKEZ MUST WATCH
Whopping gold sales figures for banks.
Banks saw an increase of over 30 percent in sales of gold coins and bars on Dhanteras as compared to last year.
http://www.rupeetimes.com/news/personal_loan/whopping_gold_sales_figures_for_banks_2887.html
@MotherEarth:
Yes. Hick.
http://www.youtube.com/watch?v=OBdBSZBuTkg goosestepping is very strenuous and can only be carried out over short distances or with short burst of energy . a miniature nva army is put through its paces
@ilya I don’t agree with everything you say but you hit bingo with this,”
“Karma” is what keeps you sheep in line. Trust me, there ain’t no fucking “afterlife”. You are alive now and that is it. Assuming there is something else “beyond” this veil of tears is their Secret Weapon. Many assholes have tread this path before – it’s happened before and it will again.
But I prefer George Carlins version:
http://www.youtube.com/watch?v=MeSSwKffj9o
“No one can ever deny others the right to ignore the supersensible, but there is never any legitimate reason for people to declare themselves authorities, not only on what they themselves are capable of knowing, but also on what they suppose cannot be known by any other human being.” Rudolf Steiner
The html embed tag is one of the most wildly used tag on the www in spite of its original obscurity.
Its heavy use has led to abuse, as Yahoo Groups now has been redesigned to ignore the embed tag in the group descritpion area.
Blip.TV and YouTube also allow for embedding as well.
In this case, embedding helps save the website owner hundreds of megabytes of disk capacity, or megabytes when only photos are used.
British nuclear expert falls 120ft to his death in Vienna
http://www.telegraph.co.uk/news/worldnews/europe/austria/6399887/British-nuclear-expert-falls-120ft-to-his-death-in-Vienna.html
see
When Vienna was a spies’ nest
http://www.youtube.com/watch?v=QGgWD9JIYY4
Not to make too fine a point of it — it still is.
@ Dan – Great quote. I heart Bertrand Russell!
@ All – American kids as torture innovators:
http://www.huffingtonpost.com/2009/10/22/mother-says-school-aide-w_n_330891.html
(So glad that 50% of parents are teaching their kids that torture is both okay and isn’t really torture.)
The Super Rich are Laughing
The US as Failed State
By PAUL CRAIG ROBERTS
An unmistakable sign of third world despotism is a police force that sees the pubic as the enemy. Thanks to the federal government, our local police forces are now militarized and imbued with hostile attitudes toward the public. SWAT teams have proliferated, and even small towns now have police forces with the firepower of US Special Forces. Summons are increasingly delivered by SWAT teams that tyrannize citizens with broken down doors, a $400 or $500 repair born by the tyrannized resident. Recently a mayor and his family were the recipients of incompetence by the town’s local SWAT team, which mistakenly wrecked the mayor’s home, terrorized his family, and killed the family’s two friendly Labrador dogs.
If a town’s mayor can be treated in this way, what do you think is the fate of the poor white or black? Or the idealistic student who protests his government’s inhumanity?
http://www.counterpunch.org/roberts10222009.html
What’s that game musical chairs? Are there enough seats?
Pension Funds to Buy Gold as Insurance, McGuire Says
Oct. 23 (Bloomberg) — Pension funds will increase gold holdings to acquire “financial insurance,” pushing prices higher as currencies drop, according to Shayne McGuire, director of global research at the Teacher Retirement System of Texas.
“I think the largest institutions like our own are realizing that we barely own any,” McGuire said in an interview in Hong Kong. “The same thing applies to most of the pension funds which manage trillions of dollars in world wealth.”
http://tinyurl.com/yl9tkog
@ Ilya – Guessing . . . do you think that Bertrand Russell really advocated a pre-emptive nuke strike on Russia?
@ Mother Earth – I am on my way.
@ All – Holy Christ! Pakistan is only allowing us to launch drone attacks in their country because we have agreed to kill some of the people on their assassination list:
“What does Pakistan think of the drones?
Originally, the Pakistani people’s reaction to the U.S. drone strikes in their country was incredibly negative. Pakistanis rose up and complained that the program violated their sovereignty. So, to obtain Pakistani support—or at least the support of the Zardari government—the Obama Administration quietly decided last March to allow the Pakistani government to nominate some of its own targets. The U.S. has been and is involved in killing not just Al Qaeda figures, but Pakistani targets—people like Taliban leader Beitullah Mehsud who are enemies of the Pakistani state.
http://www.newyorker.com/online/blogs/newsdesk/2009/10/jane-mayer-predators-drones-pakistan.html
http://www.washingtonpost.com/wp-dyn/content/article/2009/10/21/AR2009102103649.html
@ Illya – Looks as though Michael Moore has had a positive impact. There is a freshman Dem. who is now going after Senator Dodd and Senator Conrad for being on the “Friends of Angelo” list–as made public in Moore’s latest documentary.
http://www.huffingtonpost.com/2009/10/22/quigley-ready-to-break-ra_n_328640.html
In other news, a political zoo story, Repubs are posing as Dems on Twitter, and refuse to stop:
http://www.huffingtonpost.com/2009/10/22/twitter-scandal-gop-lawma_n_330483.html
Has this been posted yet?
New Jersey Pays Goldman Sachs for Swaps on Nonexistent Bonds
http://www.bloomberg.com/apps/news?pid=20601087&sid=aufmSRtDn0gg
NJ, by the way is literally run by a former GS man, Corzine.
Scott from Oregon,
Not sure what your take is, but the WaPo editorial you linked to criticized Ron Paul’s audit the Fed bill. Luckily WaPo provided for me some background on where they are coming from: The story featured an ad on the same page by Bank of America…
1. Take your money out of your bank if it took bailout money and place it in a locally-owned bank or, preferably, a credit union.
3. Do not invest in the stock market. If you have any extra cash, put it away in a savings account or, if you can, pay down on your mortgage so you can own your home as soon as possible. You can also buy very safe government savings bonds or T-bills. Or just buy your mother some flowers.
The most ridiculous advice; from http://www.michaelmoore.com/words/mikes-letter/michael-moores-action-plan-15-things-every-american-can-do-right-now (someone dropped this link) (SAFE GOVERNMENT SAVING BONDS!! LMAO)
Another thing; the government is just as corrupt as the corporations; power corrupts and absolute power corrupts absolutely. Moore pretends as if the democrats can save the world while the democrats are part of the problem. To give government power over money/healthcare and so on; is just an accident waiting to happen. We can choose to give our money indirectly to the corporations by taxes or give it directly: The problem is regulations and the removal of regulations over time. Max might say it’s envy for more power/money but i think corruption has to do with greed. I got a proposal; just rename the united states of america to the incorporated states of America, then it atleast is clear what it stands for because the constitution has not been in practise for the last 10 years if not more.
Blackrock research from Debbie
DebTruth does investigative videos that are IMO very good.
She covered a lot of Martin Armstrong’s articles/papers in the past .. and is researching Soros right now.
BlackRock = Merrill Lynch = Bank of America!!! Part One
http://www.youtube.com/watch?v=jJJ9o3J5Hek&feature=sub
BlackRock Part Two
http://www.youtube.com/watch?v=fMY5oyrBxQw&feature=sub
Germany : Insurers are now allowed to hide Risk
Thanks to Lobbyists !
http://www.ftd.de/unternehmen/versicherungen/:gut-fuer-die-boersen-versicherer-duerfen-risiken-verstecken/50027169.html
A “bad” translation of part of the article :
… Exclusively large lobby success for insurance industry: After FTD information the international balance committee wants to permit IASB to the societies further to outsource a part of their shares from their balance statements. The decision has extensive consequences for the capital market – and millions owners of life insurances. The insurance industry stands shortly before a large lobby success. After FTD information the international balance committee wants to permit IASB to the societies also in the future to outsource a part of their shares from their result statement. This makes possible for the insurers in the medium term to increase their share ratio from at present far under ten per cent significantly – finally they do not need to be afraid any longer to have to book a value decline of the papers quarterly than loss. Dividends from the shares are to be allowed to prove the companies nevertheless as profit….
This is why now it is the appropriate time to pass HR1207 and SB604, bills to audit and investigate the Federal Reserve. Once the public discovers what these elitists have been doing to the American people for almost a century, they will disband the Fed and turn its job of monetary policy back to the Treasury where it was placed by our Constitution. This way we will have control and transparency. The next step will be to close the revolving door between Wall Street and Washington.
From Bob Chapman link. Chapman reveals that he prefers an IMF control of the future of our country, ignoring the link between the IMF and the US Treasury. Chapman also completely ignores the G20 governing structure and the Bank of International settlements. Foreign entities will continue operating the US as a corporate and military front for the elites. We have been colonized.
The ‘patriot’ movement is ignorant and useful: oh, useful idiots. The BIS requested a Fed audit in the summer of 2008, but Bush preferred to wait after the end of the fiscal year in October.
The patriots prefer to be groupies behind men like Chapman who are obfuscating the truth for personal gain.
The heart of the control of our country resides in the men who control the transition from the dollar to the carbon-credit exchange system. The Fed nor the Treasury are directing this transition. The useless task of auditing the Fed and focusing on Congress is providing a smokescreen for the real manipulations: sdr-enhanced dollar devalution and a transfer of wealth.
What plan do the “patriots” have for the transition away from the Fed? Chapman is promoting a surrender to the very forces that have destoyed our nation’s economy: the BIS hegemony.
Carbon-credit exchange:
http://www.chicagoclimatex.com/
http://www.environmentalleader.com/2007/12/12/nymex-launches-green-exchange-for-trading-carbon-credits/
http://www.voanews.com/specialenglish/archive/2006-05/2006-05-30-voa2.cfm?CFID=314856132&CFTOKEN=14266773&jsessionid=de309531654354909caa5b5d546b21367476
http://www.world-wire.com/news/0802130001.html
et.al. just google it.
me thinks the most revealing segments of the new AJ documentary are his comments about the move to tax the CO2 emissions…Carbon Tax scheme…and yes at that point it transfers all revenue from a business tax to a breathing tax…on every living breathing human being..bar none…IMO it will dwarf the IRS payroll/income tax by trillions!!!!! and as he points out on one of the fundamental factors of the “life force”" oxygen, carbon dioxide,water & sunlight!!!!! It is so simple that in comparison to the seemingly complex financial structures currently being discussed( CDOs, CDSs, leveraged buyouts, derivatives, naked short sales, etc.,etc.,….), it may find an audience in the simple minded legislators…as an appropriate message to the dumbfounded electorate JUST BECAUSE IT IS SIMPLE TO DISCUSS!!!!!!!!!!!
@Richard@Lat30N:
Yes. The politicians won’t mind a bit, long as they are getting their cut.
The reason Americans won’t look each other in the eye is that around one half the population is lying to the other half. The liers know about the carbon scheme and hope to be inside the scoop on the profit. The receivers are trusting naive ninnies who bleet about their troubles and hope to retain wealth in the old system of currency, looking to the familiar rhetoric for comfort and strength. Both sides are feeding on each other.
When the reality of life under the new system is rocking the liers and the receivers will all suffer the self-same fate: total impoverishment.
@frances snoot: good morning….definitely!!! after all it only took a three page threat from Paulson to dish out $700b….if you switch the focus onto another “eco-based” tax…them the dollar/bank dilemma exits the discussion and the enemy is now that darn CO2 emissions…remember the catalytic converter required the fuel sales to change to unleaded( not because it aided the health of humans) but because it effected the palladium in the converters which deteriorated with the leaded gas….it is never about improving the lives of the constituents..it’s always about the corporations…and yes frances they are in lock step…on one hand the bailout hides the collapse for as long as hey need o institute the new RFID system and tax order…eco police and all….ENRON financing has resurfaced….that piece before Congress where A. Gore stammers and stutter is priceless…LIberty and freedom is on a doomed pace to oblivion…this is addressed to those who actually remember what those beliefs actually are/were!!!!!!!!
@Richard & Fanny : ),..Don’t forget you’ll be saving the planet,.ask the green’s !
Do you think it’s just coincidence that Gorby took it over,..oh zoez russians
http://www.youtube.com/watch?v=TmjdZKfumEI
FANNY???#@$*???
LIberty and freedom is on a doomed pace to oblivion…
Take heart. Whitman wrote that Liberty will be the last to leave.
http://www.whitmanarchive.org/published/LG/1871/poems/190
The elite forget about the entropy in the system.
@frances snoot: “FANNY”???? now he refers to you as fanny brice…that could be a compliment….Also: “saves the planet”…yeh just like they saved the “economy” from collapse…whose economy?? whose planet???
Here’s something my daughter sent me to soothe the soul:
http://www.youtube.com/watch?v=7OTeCk66AK8&feature=autoshare_twitter
@Richard@Lat30N:
Ahhh. Enjoyed that prana feed! Better than the beauty parlor.
Dedo, btw, has an uncanny sense of how to annoy. I must pretend I like the appellation Fanny.
@frances snoot: glad you liked it…now I must be back to the offiical maxkeiser.com market analyst who says that a slide in gold prices only registers on her reichter scale when it tumbles 2.5% or $25….we will wait and see
@Frances..,.I know, it’s a gift of mine, I think the game is up now though, don’t you?
Even Super has got me rubbled, gunna have to be more stealth like, think long term, what’s the word,..insidious, like the slippery snaky thing.
Put a “M” in rubbled and take out the “B” just in case ,..
@Richard@Lat30N:
Stacy’s a sharp reader! (LOL)
@Dedo:
I’ll agree to mispell if you do.