Stacy Summary: Over the past few weeks, Max has been on France 24 warning that these big banks will announce new and huge losses . . . but only AFTER their Christmas bonus checks have been cashed. Get ready for second round of trillion dollar bailouts sometime in January/February.
- Citigroup’s ‘Hail Mary’ Pass (Mish Shedlock)
Here is the most recent appearance by Max warning of something like this:
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Most recent: 
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![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
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@Youri Carma … including elements from EUROPEAN AND ASIAN swine viruses.
I told ya’ … pigs can fly !
Aaron Russo(former Presidential Candidate) discussing some stuff v r facing today….24th march 2004
discussinghttp://www.youtube.com/watch?v=p4UIZObL8_Q
GO MAX GO ! WHY ISN’T THIS GUY ON CNBC ?? Oh, that’s right, CNBC doesn’t want the American audience exposed to the truth.
More on Long Waves:
Wednesday – October 21
Bipolar Markets and Other Updates
http://www.deanlebaron.com/index.html
‘I’m gonna knock you out momma said knock you out whoo oooh whooo oooh’. Hope ye took that cunt outside for a good talking too ‘I’m gonna knock you out momma said knock you out whooo ooh whoo ooh. Jab jab stick and move.
Poll: US belief in global warming is cooling
Only about a third, or 36% of the respondents, feel that human activities — such as pollution from power plants, factories and automobiles — are behind a temperature increase. That’s down from 47% from 2006 through last year’s poll.
Hopefully the knowledge of the scientif facts are now warming.
http://news.yahoo.com/s/ap/20091023/ap_on_sc/us_climate_poll
How can CITI go bankrupt? Didnt Robert Rubin go to Harvard collegium? dodnt Sandy Weil go to Harvard? Didnt Stan Oneill go to Harvard? Harvard for American idiot.
Satanistic eugenicists inbred pigs caused it and spread it on purpose.
@Youri:
Yep. Sounds about right.
H1N1 contains DNA typical to avian, swine and human viruses, including elements from EUROPEAN AND ASIAN swine viruses.
Nobody ever gave me an explanation about how two diffirent continental elements of European and Asian elements get mixed up in the H1N1? Now a story about Mexican pigs? No trace has been found in any pig yet! So it’s all speculation and if you want to speculate than the speculation about the virus being man made stiil holds the most ground.
Satanistic eugenicists inbred pigs caused it and spread it on purpose.
@The SecondBiggest Banking Heist in World History: Bear Stearns
http://antisocialmedia.net/short-selling-hedge-funds-and-the-global-economic-meltdown/
Good Video — 24 mins — explaining how BSC was taken down using naked shorting ..similar to WAMU !
I used to live in England, Phil! I skipped the yummy deserts mostly, the custard sauces were too fattening. I liked shandies and riding pushbike in the summers. ahhhhh and the people.
Anyhoots:
here is an interesting Naked Capitalism posting:
http://www.nakedcapitalism.com/2009/10/debt-stress-in-middle-class-america.html
It’s exactly on topic. Odd, though, Yves takes up a collection. How do we know the letter is even legit? The woman that ended up on Denninger (utube debt lady) seemed rather setup to me!
Americans are naive and trusting. What I noticed in the posted ‘letter’ was the indication that the family jacked up hugh credit card debt on ‘only essentials’. I’m here to be frank: American’s cannot be trusted to know what is essential. Wants crossed the line into needs a generation ago, the blurry idea of essential might include beer and cigarettes. Not to judge, just to say. But the jacking up of rates is unconscionable to those with good fica scores.
The Biggest Banking Heist in World History: Washington Mutual
Companies / Market Manipulation
Oct 01, 2009 – 03:03 PM
By: Mike_Stathis
This September 25th 2009 marked the one-year anniversary of Washington Mutual’s seizure, by the Office of Thrift Supervision (supposedly) as a result of insolvency (supposedly).
Last year, on October 7th, I sent the SEC a (rushed) formal complaint highlighting my concerns regarding insider trading and other illegal activities associated with WaMu.
After patiently waiting for one year but with no news from the SEC regarding indictments for what I consider to be have been blatant insider trading; an illegal and inappropriate seizure by the OTS (really the FDIC); and a unified illegal takeout of the stock via naked short selling, all combined with this insider information, I am now releasing this report to the public.
I want you to see what happened.
I want you to carefully follow the course of events.
Then I want you to ask yourself why the SEC failed to make any charges. Finally, I would like you to send this to the White House, the Attorney General and the Congressman and Senator of your choice.
…
…
http://www.marketoracle.co.uk/Article13894.html
@frances snoot .. spotty dick
Wow .. I’m impressed !
I brought a few of those cans back ( to G ) as well but the chocolate pudding and jam steam pudding versions !
@Phil:
LOL
You forgot the spotted dick!
http://blogs.houstonpress.com/eating/Spotted_Dick475.jpg
Further deaths linked to swine flu vaccine
Published: 24 Oct 09 08:52 CET
Health investigators are under more pressure as two elderly women are reported to have died, days after receiving the swine flu vaccine. It brings the total number of deaths linked to the vaccine in Sweden to four.
http://www.thelocal.se/22846/20091024/
FWIW
Bill Laggner on King World News
Good talk about the situation.
http://www.youtube.com/watch?v=Dgkwn0H2egU&feature=sub
http://www.youtube.com/watch?v=b6B_uCIgxTo&feature=sub
http://www.youtube.com/watch?v=yUW4t4D3370
http://www.youtube.com/watch?v=XouOzpN310Y
http://www.youtube.com/watch?v=iEo5Vt3rqCY
Bloomberg : Dollar’s Doom Puts a Face on New $1 Million Bill: David Reilly
Oct. 23 (Bloomberg) — Forty years ago, the U.S. government said the $100 bill would be the highest-denomination note. With the Federal Reserve now trying to print its way out of the financial crisis, it may be time to revisit that decision.
Reinstating $10,000 or $100,000 notes — which existed in limited fashion years ago — won’t cut it. In today’s, “Brother, can you spare a trillion dollars?” economy, we need to think bigger — a $1 million bill may be in order.
…
…
http://www.bloomberg.com/apps/news?pid=20601039&sid=aY6fyCTnmgh0
@Cornish Pasties and the other simple things in life
Cumberland Sausages
Old English Sausages
Yorkshire Puddings
Cheddar Cheese
Branston Pickle
Paxo Stuffing
Mint Sauce
Roast Potatoes
Mince Pies
Apple & Blackcurrent Pies
Bread & Butter Pudding
Jam RollyPoly
Plum Steam Pudding
Trifle
Bird’s custard
Real Bacon
…
…
Just a few big reasons to get back to England !
PS:
Shopping in German supermarkets is pure masochism.
All those “famous” German sausages taste the same – no imagination at all .
All the biscuits taste the same – just the same sugary taste !
The only good thing IMO is the German Beer and German Cakes – although the English cakes are still better !
@Phil:
Thanks!
My imagination often runs off with my head, but things are getting really eerie. Tomorrow is the 25th.
@frances …
Joseph Goebbels
“The lie can be maintained only for such time as the State can shield the people from the political, economic and or military consequences of the lie…It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
Benito Mussolini
“Fascism should more properly be called corporatism because it is the merger of state and corporate power.”
The national emergency declaration was the second of two steps needed to give Sebelius extraordinary powers during a crisis.
http://hosted.ap.org/dynamic/stories/U/US_OBAMA_SWINE_FLU?SITE=FLPAP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2009-10-24-11-49-07
Jk/canada
cheers …back atcha!!!
The Kinks – Young and Innocent Days. (mp3)
http://tinyurl.com/ykx9wga
@Phil:
Why bother to print a newspaper? All the words are ambiguity! “It appears”, “it is thought”, “Almost 100″, “it is believed”.
And another blatant lie:
“Given the shortfall, New York State on Friday stayed a directive ordering health care staff to be inoculated or risk losing their jobs.”
The backdown by Kathleen Sneezy Sebelius was due to a law suit filed on behalf of the union which represents health care workers in NYState. Is Obama attempting to supercede the legal jurisprudence of the courts with the ‘emergency declaration’?
@SG
& last, from the overlooked – but excellent – album ‘Muswell Hillbillies’ the great song:
’20th Century Man’
http://www.youtube.com/watch?v=XD14kdgQEe8
I’m getting irritable.
“It allows authorities to bypass certain federal requirements in order to deal more effectively with emergencies.”
It (the national emergency declaration) means the feds can run roughshod over state law: a defacto declaration of martial law. Something’s up.
@frances ..This little sentence is a bald-faced lie.
100% correct !
Here’s WL’s link again:
http://news.bbc.co.uk/2/hi/americas/8324070.stm
“By contrast, the new strain of H1N1 appears to have originated via antigenic shift in Mexican pigs.”
This little sentence is a bald-faced lie.
But now we have e-verify for words as well! Just trust the BBC!
Very Scientific Charts Even Dumb Shmucks Can Decifer Courtesy BBC
Pig—–>dumb shmuck sloshing food to pigs—->dumb shmuck’s wife Gladys——>general population——.
More Important Chart Verifying Mutation Of HINIa virus Inside Pig
purple dots + yellow dots + green dots = purple, yellow, green dot swimming pool otherwide referred to as huge profits for Roche and Baxter
@marietta – nice! After I gave up my TV I find myself having a lot more free time to use. Reading is a great substitute for viewing television. So thanks for the recommendation – it is now noted on my ‘to read list’.
@Phil – surprise surprise, if you buy millions of vaccines you kind of want to use it too. Interesting with the link you gave some days ago about the second-class medicine, the German alternative swine flu vaccine. Yesterday Health authorities recommended the entire Norwegian population to be vaccinated against swine flu.
@WL:
Did you see the chart accompanying the article you linked (NHS chart). IT is classic:
it labels: 1. whole body 2.head 3. stomach 4. muscles and joints.
Good thing too. I had things uppity-side down and thought #3 should be muscles and joints and #2 stomach. What would we do without health beaucracy?
Typical symptoms: sudden fever (38C or above) and sudden cough
1. Other symptoms include: Tiredness and chills
2. Headache, sore throat, runny nose and sneezing
3. Stomach upset, loss of appetite, diarrhoea
4. Aching muscles, limb or joint pain
And I mighta thought the symptoms were just my everyday hangover!
Time to roll-up my sleeve and “just get yer damn vaccine”. I’m spooked! Did you read this little sentence clinging to the bottom of the page?
“Although figures are hard to verify, it is thought H1N1 has hospitalised about 20,000 people in the US.”
We gotta trust those guys in the white coats because no one can count anymore!
Now they’re going to e-verify medical data just like Obama’s birth certificate!
@Phil
Hehe.
Expiry Date: Sometime after the next election
Right now the bank is called:
BANK FOR UNPAYABLE DEBTS
and the card holder is just THE GOVERNMENT to keep it universal
@canada/jk
cheers nice tune!!!, shame all the images looked like a recruitment film for the BNP.
@Adam C
Some ideas :
Bank : Digital-Paper Depositary Bank of Fort Knox
Bank ID : 1694 1913 1929 2008
Account No. : 10987654321-0
Guaranteed Minimum APR : 30%
Expiry Date : 2099
Winter Warning
http://www.longwavegroup.com/winterwarning/2009/pdf/2009_Winter_Warning_Volume_10_Issue_1.pdf
@Phil
Thanks for the tip.
I’m affraid I’m a long-time Adobe Illustrator man and a bit stuck in my ways!
TAXPAYERS’ BANK
BANK OF TAXPAYERS
or perhaps it should imply their borrowing fictious fiat money from the man behind the curtain.
PROMISARY BANK OF WORTHLESS PAPER
too complicated…
Process of Collapse
http://inpoints.blogspot.com/2009/10/process-of-collapse.html
@Adam C .. Illustration
Just a tip …
I use Xara Xtreme for such things.
It used to be an independent firm in Hemel Hemstead, but has now been bought by Magix.
The software is just amazing … check out their video tutorials at http://www.xara.com/uk/
IMO, it beats ALL other software out there.
There’s just too much good to say about it .. so check out their website.
Usury should be out lawed! History repeats itself continually be cause the Intl Banksters have a tight grip on the game. Shylock and other slippery serpent like characters come to mind! Its not just credit cards where the monet lenders are fleecing the trapped public – The credit starved business community are being charged usury for commercial loans from private lending organisations, even when they are borrowing with good cash flows and the loans are secured against there properties with second charges and the in most cases good quality assets. This means a disproportionate amount of money is sucked into the money lender out of the pocket of the business and further slowing any possible recovery. Usury is crooked and should be outlawed!
@SG
How about ‘Thin Line’?
http://www.youtube.com/watch?v=_IIzNmLDvb8
(Kinks fan since 1964)
***Request for help***
I’m making an illustration of a government credit card: the idea that government is spending money it doesn’t have and that tax payers will eventually have to pay back.
These are the details in order as they appear on the card:
TAXPAYERS’ BANK (issuing credit card company)
1694 1913 1929 2008 (the card name as dates in fiat lunacy)
THE GOVERNMENT PLC (name of card holder)
(expiry date section being used for branding purposes)
I’m troubled by “TAXPAYERS’ BANK” not being clear enough for what I want it to say.
Ideas/rewrites much appreciated.
Thanks.
Tax Credit Won’t Rescue Housing (Forbes) http://tinyurl.com/yl2cgaq
@y’all
Ooops!!!….. well it is saturday!
The Kinks
http://www.youtube.com/watch?v=TS8k71GUVL4
Max Kaiser just burned Willy Wonkas nephew…
@y’all
The Kinks – Victoria
It allows authorities to bypass certain federal requirements in order to deal more effectively with emergencies.
…
Paperwork on patients can be reduced and additional health centres set up outside hospitals to care for the sick.
Wow!
How big is this?
http://news.bbc.co.uk/2/hi/americas/8324070.stm
US President Barack Obama has declared swine flu a national emergency.
Wonder whether that will give him extra powers…
Aussie Bird (30sec)
http://www.youtube.com/watch?v=c7N9ObsO8w8&feature=player_embedded
@Dedo
The abused worshiping the abuser
LOL, yeah exactly! Like the wife who stays with the abusive drunk husband or the Stockholm Syndrome
@ Adam C @ George
Damn good advice! That’s why these pricks are jacking interest rates and canceling cards: they don’t like it when we do to them what they’ve been doing to us all along. Fuck’em.
If any one wants to read a good novel about flu pandemics, the struggle of the people/labor against the bankers/bosses, and an unpopular war wagged for American hegemony, I recommend “The Last Town on Earth.”
It’s set in 1918 in Pacific northwest logging town that is started by a progressive mill owner and his suffragette wife. They try to seal off their workers’ haven from the coming flu pandemic but the banksters/bosses in the town down the river use this as an excuse to demonize them as antiwar extremists (a lot of consciencious objectors work at the mill). I think it;s a good read. Has murder, love story, intrigue. Read it while sitting in a sunny spot with a cat on your lap so you don’t get too depressed.
http://www.amazon.com/Last-Town-Earth-Novel/dp/1400065208
Forbes: Traders Not Buying Housing Rebound http://bit.ly/piiMw
FT: The US stock market is overvalued by 40% http://bit.ly/4vKLJ8
Explosion near San Juan, Puerto Rico caused by plane crash http://tinyurl.com/yh9bukw
Obama declares swine flu a national emergency
Declaration gives federal official more leeway in battling outbreak
By Andrea Coombes, MarketWatch
SAN FRANCISCO (MarketWatch) — President Barack Obama declared the H1N1 flu outbreak a national emergency, giving officials the ability to bypass some federal requirements for battling emergencies, the White House said Saturday.
http://www.marketwatch.com/story/obama-declares-swine-flu-is-a-national-emergency-2009-10-24
Pressure from the Pharma Lobby I wonder ?
WTF! Was talking about effective terrorism like blowing up oil companies not so long ago.
Puerto Rico Refinery Ablaze Following Two Explosions (Update1)
http://www.bloomberg.com/apps/news?pid=20601086&sid=aopGfpzcrHd8
Short and sweet: The US economic model is sucker based. It needs suckers to work. If some suckers wake up there will be hell to pay.
@Illya Kuryakin
Are you a fellow member of Decadent Action?
“5. Credit is the decadent’s friend. It is inflationary, it is free money, it is fun to spend. Credit cards are best, yours or someone else’s. Available now from high street banks, all you have to do is convince them that you can pay it back, piece of piss. When the monetary system collapses your bill will simply disappear. Keep several with you at all times.”
http://www.monoculartimes.co.uk/counterculture/decadentaction.shtml
“London Bridge is falling down, falling down, falling down…” And I’m glad of it. Who that understand “mark to market” and the Fed monetizing U.S. debt at essentially 50% (reported on security issues) couldn’t see the big picture?
Look at the collapse of the Soviet empire. Get ready for major criminal enterprise in the United States as the ship breaks up. They stole MY money and I still say wait until the last minute, and cash advance credit cards to the hilt, buy and take delivery of silver and hard assets, and get ready to sit it out.
Here come the long cold winters of Steinbeck’s “The Winter Of Our Discontent” – for the 80%. Is this all of Europe and North America or just targeting U.S./Canada?
Failed Bank List – 12 in October sofar http://tinyurl.com/226vl3
Ilya,…LOUD APPLAUSE,..what makes me laugh, is how folk are still, oh so “moral” towards the institutions who are shafting them,..
The abused worshiping the abuser,..
NEW YORK (MarketWatch) — Seven more banks failed Friday, pushing the 2009 total to 106 and marking the first year since 1992 that at least 100 have gone under.
http://www.marketwatch.com/story/bank-failures-hit-100-for-year-2009-10-23
Wow, you guys simply do not understand what credit cards are for: they’re for free travel, free dining, and buying shit you don’t need and have no intention of paying for anyway. Once they are maxed out and you can’t get anymore, or they become unmanageable, you simply walk away.
If everyone did that these parasites would disappear and we can get back to sound money.
The problem is that money IS “free” right now
ICN Informed Citizen News broadcast Sunday October 18th, 2009.
The news you should have heard this week, but didn’t.
This week’s stories…
#1 Federal Reserve Accountability ActAn Unacceptable Compromise
#2 Dollar Reaches Breaking Point as Banks Shift Reserves
#3 The rich bail faster on mortgages
#4 Fat U.S. bank profits mask housing woes
#5 U.S. states suffer unbelievable revenue shortages
#6 Sheriff Joe update
#7 New York: Judge halts flu vaccine mandate for health workers
#8 California: Governor Schwarzenegger signs ammo-regulation bill
#9 Bottom 10 countries at risk for financial meltdown
http://www.youtube.com/watch?v=h1OMpuTbuKE&feature=sub
Obama declares H1N1 ‘National Emergency’
http://news.bbc.co.uk/2/hi/americas/8324070.stm
@frances
Imagine if Ken Lay had been Treasury Secretary… Enron would have been bailed out!
@mike
Peter Schiff is running against Chris Dodd
http://www.schiffforsenate.com/
Some videos:
Defeat the Police State 1&2
http://www.youtube.com/watch?v=4cvay_r2FK8
http://www.youtube.com/watch?v=_VLGMOrYF7E
Money is You (On indentured servitude)
http://www.youtube.com/watch?v=Cd-SLRyuRq0
Obama Violates the Constitution…
http://www.youtube.com/watch?v=_yeLPa3YNJ0
http://drinkingwithbob.com/about.html
Bank failure Friday
only 7 this week
http://www.fdic.gov/bank/individual/failed/banklist.html
I don’t understand why we didn’t charge shittygroup usurious rates for TARP. GS and JPM “payed back” tarp, why not at 50% interest?
We are not influencing political decisions: Mr. Robert Rubin is.
http://www.thedailybeast.com/blogs-and-stories/2009-08-19/robert-rubin-in-hell/full/
http://www.realclearmarkets.com/articles/2009/04/youtubing_rubin_the_economic_g.html
But you are right, people (me including) need to understand that money is not free.
@Palatiri:
I think that the understanding needs to be that the nature of exchange is undergoing a mutation beyond our understanding of money.
I don’t understand why we didn’t charge shittygroup usurious rates for TARP. GS and JPM “payed back” tarp, why not at 50% interest?
@larrymagicpony:
Your links have been very amusing.
@Adam Gibson – I could very much agree with that statement if the banks had been lending real money, not fictional money spun out of the fractional reserve banking method. And as Steve Keen said, they don’t even need that anymore, they now create money without the need of base money in the first place. To me, that is just wrong. We should not have to pay huge interest on phantom money. The other angle, we need credit to grow and high rates will (or at least should) make people think real hard before taking a loan. Subsequently slowing down the whole economy and that is not desirable. But you are right, people (me including) need to understand that money is not free.
###
On a completely different matter: In a cashless society, will the bank finally have escaped the horrors of a “run on the bank”?
Hmm… I’m not talking about the ‘I’m homeless and I can’t afford gas anymore!’ type of mahem. That will be weak sauce (although it helps). I’m talking about many different groups seeing specific opportunities to introduce their own version of justice…
@MotherEarth:
Do you think the US will see this type of activity with the police state we operate under?
MAX KEISER
YOU SHOULD RUN FOR SENATOR TAKE AHOLE DODDS PLACE!!!!!
@MotherEarth:
Your market recap was tops!
http://unmaskthefed.com/
Chairman of the Federal Reserve, Ben Bernanke, is up for confirmation to his second term, but he has still refused to disclose where he sent $2 trillion in taxpayers’ money. Send a message to your Senators and ask them to make Bernanke come clean before his confirmation moves forward!
@Canada/JK
LOL!!!!!!!
@Super,.
PS. I didn’t see any point on clicking on the link, if you aint gonna make the effort, why should I???
LOL,…woooo!
“ShittyGroup” is shitty in Mexico as well:
http://abcnews.go.com/Business/wireStory?id=7182491
Chavez speaks
NYPost:
‘Now coming to Caracas — the three-minute power shower.
Venezuelan President Hugo Chavez has instructed his citizens to shower for only 180 seconds at a time to combat chronic water shortages.
“Some people sing in the shower, stay in the shower for half an hour,” he said. “I’ve counted, three minutes, and I don’t stink.”
That’s a matter of opinion, Mr. Chavez.’
.
“Because Americans need to understand that money is NOT free.”
Americans? We all pay the bankers for the privilege of using their foul currency which they *poof* into existence for free. You do too, Adam.
Americans had the luxury of running deficits due to the dollar as reserve currency. The switch to the sdr basket will castrate American indolence.
Citigroup was bailed out by the taxpayers using deficit funds on a currency which Americans have to pay for to use. Now the same bank is raising rates during a depression on many honest Americans in business or other ‘socially acceptable’ tasks who use the cards to compete with the monopolistic government subsidized money interests. Citigroup helped decimate the economy of Argentina. Citigroup is ‘everywhere you want to be’ except solvent.
I agree that the people should walk away from any drastic rise in interest rates on any private loans in the US right now. As Denninger says: the rate rise only penalizes the honest card users, as the default costs are being borne by all card users, at the liberty of those who either are free-loaders or in dire conditions.
@d3do
yeah… and when you was child you also read about cowboys and indian too…. yeah… I remember, dedo you told me all this before, don’t wear it out mate!!!
like I said before are you just going through the motions… you aint even trying are ya???
PS. I didn’t see any point on clicking on the link, if you aint gonna make the effort, why should I???
OK let me try to be Mr Unpopular here:
ShittyGroup/ShittyBank and the rest of the banksters SHOULD be charging full usury rates, 30% minimum on credit cards. I would go for 50%.
Because Americans need to understand that money is NOT free.
I have lost count of the number of people that come on these blogs complaining about having to pay a single penny for card service, and then saying, yeah I just didn’t pay it off and walked away on my debts.
So I say, well done Shittygroup.
@Super,.
When I was a child and read stories of Princes and Princesses, Kings and Queens and happily ever after,. I used to wonder why so many kids wanted to be like that!
http://www.youtube.com/watch?v=AAZQaYKZMTI
I used to wonder, who created the culture, and why.
I’ve always wondered,…haven’t you?
@Illya
Bad debt=deflation. Money can be destroyed too.
Its hard to tell how much bad debt is out there, its like a black hole, you can’t see it. But evidence suggests the amount of bad debt makes the bailouts look like chump change.
OOOPS. My bad, that was Dedo. Sorry mate. I guess I put your set A in Illya’s set B.
Toy… with ideas??
Supergeek:
Illya wrote that! LOL. He is working on the thesis for this latest Recipe Card for the Venezuela food chain “Tepid March”. The card is called, “How to Barbeque them Burgers without Freezin off yer Balls”. He forgot about the climate in Venezuela being warm and that the resident speak Spanish: it’s all a Russian winter to him.
The card is endearing in that vodka figures largely in the production and output. It was a big hit in Venezuela, and caused a bump in Vodka sales.
@y’all
anyhow… let me send a musiacal message to all you american early risers… earl risers, geddit…oh nevermind!!!
Mornin’ Glory
http://www.youtube.com/watch?v=0Dq4Dksv5eg
Great show! Gives a new meaning to the wordh “shrimp rhetorics”
Like to repeat this article posted by harry_w cause it makes what’s actually going on in the economy so crystal clear:
Liquidity drowns meaning of ‘inflation’, by Henry C K Liu http://www.atimes.com/atimes/Global_Economy/KE27Dj07.html
A view quotes:
Unfortunately, the Fed’s new money has not been going to consumers in the form of full employment with rising wages to restore fallen demand, but instead is going only to debt-infested distressed institutions to allow them to deleverage from toxic debt. Thus deflation in the equity market (falling share prices) has been cushioned by newly issued money, while aggregate wage income continues to fall to further reduce aggregate demand.
Falling demand deflates commodity prices, but not enough to restore demand because aggregate wages are falling faster.
The danger is that this unearned nominal financial profit is mistaken as a sign of economic recovery, inducing the public to invest what remaining wealth they still hold, only to lose more of it at the next market meltdown, which will come when the profit bubble bursts.
@frances
Toy… with ideas???… yeah we know…er…all except for you and dedo???….me I don’t really believe in all that ‘they’ stuff too much…. it just another lazy term people use to distance themselves… who is ‘they’ be more specific on second thoughts…don’t…I think I can guess???
http://tinyurl.com/ncq4yr
So to toy with the idea that folk make their own minds up is totally ludicrous !
Rational thought can be controlled, but the imagination is not negotiable. Question is, from whence does the imagination wick? It is interesting that the war-imperial dracons always denied agency for the imagination, unless the dracons could harness it for private profit.
In America, the imagination is ignored, battered, and the schools are now being ruined in a bid to destroy individual innovation and agency. Feeds better into the war machinery if Johnny can’t wonder why.
I don’t even need to read the bullshit coming down in January: it’s already etched in stone.
Yes, the draft was tooled by the Basel Committee and the Financial Stability Board over at the BIS.
Worldwide mandate begins January 01, 2010.
Wouldn’t matter much anyway, US. US is bankrupt, bankrupt, bankrupt. It is strewn with garbage cans filled with credit card receipts for which there is no possiblity of payment. But the Big Boys will us the mandates to preserve their position.
@y’all
typo: ‘I thought the idea’
@y’all
I thought of a unified america was a false mindset… most of the people that post here have such differing views. I like the fact that an oregonian… may have a different outlook to a new yorker… the way in this country village people differ from city folk!!!
@Dedo – do you make up your own mind? Mindsets changes you know.
@Palantiri,. Re: It will be the test of the nation to see what mindset the Americans are inn.
The “Americans” mindset, and all other so called nation states will have the exact “same” mindset,..they really have no choice as long as they are “educated” under the same system.
So to toy with the idea that folk make their own minds up is totally ludicrous !
@mother earth you are right. the money never should have borrowed by fucks like me in the first place. while i was, and still am a bit, ignorant, that is no excuse. hence my consideration of not paying the debts i incurred. sorry bout that. wake and bake didn’t kick in while i was typing about some defending these holes of ass.
@Illya Kuryakin – the interesting bit is how the American people would react. I think you may be right on that point, sadly though. It will be the test of the nation to see what mindset the Americans are inn.
Oh, inflation,deflation…doublethink,newspeak (can I get away with that?)
Re-post | This video is absolutely hilarious (and accurate)
Reckon y’all should lookee here this movin’ picter show for one angry good ole boy. He done had ’nuff of this banker s***.
(From Matt Taibblog)
Warning: coarse language
http://www.monkeybusinessblog.com/mbb_weblog/2009/10/hell-it-takes-even-eli-manning-six-years-to-make-a-hundred-million-dollars.html
@max:
“The big problem is that Congress fails to see; fails to understand that the banks have weaponized the derivatives business and are using the threat of economic collapse to extort cash from Congress.”…
well said…with it’s astronomical size: either $567 b or $1.2 quadrillion to $2 quadrillion ….any attempt to minimize the effects of deleveraging that amount will take 10 to 20 years given the size of the global GDP as $67 trillion!!!! At every stage of accounting, be it the beginning or the end, of any fiscal year the banksters will most assuredly march up to Congress or the EU Parliament and demand payment OR ELSE!!! And to cap that off the military industrial complex will follow as a major conflict will need attention too ( the Pentagon budget of more than $600 b was passed rather quickly the last go around…not including the off budget and supplimental amounts )…. This method that Max elucidates is a heist, the Pentagon budget is a heist and the future yet passed Health Insurance package and the Cap and Trade measure are also heists….that’s what the corporations pay congress to do….
@dedo
Hmm… I’m not talking about the ‘I’m homeless and I can’t afford gas anymore!’ type of mahem. That will be weak sauce (although it helps). I’m talking about many different groups seeing specific opportunities to introduce their own version of justice…
@Mother ,.Re: I predict medieval style mahem suddenly arrising
I’m afraid your prediction has already been predicted by some pretty major think tanks long ago,…sorry, but you seem to be behind the curve : )
@head
I’m not sure I defended anyone. Just because banks can do a dirty trick does not mean it is smart to copy, repeat it or abuse it. If you want to spend money, try to earn it first. The whole concept of commercial debt is a premium mindfuck.
This weeks recap:
-MSM should be tried for reckless endagerment and genocide
-Copenhagen Conference organizers are oblivious to peak oil
-People still believe it is important where $$ go
-Obama is captured by the banks AND the pentagon
-Europeans are equally stupid as american, but a lot healthier.
-Patrick Bateman was an accurate depiction of the average WS employee
I predict medieval style mahem suddenly arrising as it becomes apparent crooks welded the rudder of the Titanic fixed in the wrong position and lobotomized all commanders but forgot to lock up the rifle cabinet or lock the people in the lower levels..
mother earth defended them a bit, but looking back it wasn’t much of a defense. besides I was typing while on the crapper anyway and my one year old is asking for her morning milk. my bad, sort of.
…process over and over again, while knowibng the public will take on any losses I take, I would be a rich man too.
What I am saying is, tell me who the debt holder is and I will gladly pay it back. The entity collecting said payments is fraudulently doing so. They can kiss my enlightened, thinking for myself, gold/silver hoarding, tobacco growing ass.
If I am wrong in my assessment , not my spelling, please let me know.
@Dr. Richard Head … i am surprised some of you are defending the banker
Richard, that’s a new one !
“Who” is “some of you” .. I hadn’t noticed anyone defending the SOBs !
BTW … otherwise, you are spot on !
i am suprised some of you are defending the banker hucksters about $160k. First off they lent out units of accounting they didn’t even have, perpetuated by fractional reserve banking. Secondly, these banks were compensated for these loans by selling these debts on the secondary market and were made whole on the supposed money they lent out. They are collecting usery on a debt that is not theirs any more. Third, there is no disclosure of these facts during initial credit exteded out, so the contract is fraudulent. Finally, these sobs were compensated for their supposed loses by tarp and other bailouts, so they are being compensated twice for debts they don’t hold.
I AM CONSIDERING PROTESTING BY NOT PAYING MY MEASELY $20k in unsecured debt and telling them they need to provide proof that they are the holder of the debt. If I could borrow free money from the Fed, lent out that money 30-100 times over, sell the debt for full compensatio, but still collect payments and use those payments to start the….
@Illya Kuryakin … Maybe I’m stupid but the very act of printing more toilet paper that isn’t even backed up by elephant dung is de facto inflationary, no?
Illya …. they just change the definition as they go !
I did a calculation of the “real inflation” over 35 years for the UK and came up with 9% per Annum on average .
The MSM tell us it’s 3% on average since 35 years !
DUDES TRUST ME CHECK OUT THIS SONG
it should be famous by now
I Want My Bailout Money
http://www.youtube.com/watch?v=dnT21hmlT4o
@max
Can you explain why there is even a “debate” about deflation vs inflation?
Maybe I’m stupid but the very act of printing more toilet paper that isn’t even backed up by elephant dung is de facto inflationary, no?
MUST WATCH … new banking tricks
http://www.youtube.com/watch?v=bpyCHc75bus&feature=sub
“bvongrabe” has made many good videos BTW !
He has also created an Evidence DVD for impeaching Bush , Cheney and all and was hoping that the Spanish Courts would proceed …. not sure what has happened since !
BEFORE THE INTERNATIONAL CRIMINAL COURT
6. April 2009
http://www.youtube.com/watch?v=gd596ZSmX9c
You guys are giving the public waaaay too much credit: they could announce a new round of trillion dollar bailouts tomorrow, congress would then hold their Ritualistic “no” vote. Bernanke and Paulson and few other mafia Dons would be “called to testify”; the MSM would then float the “Wall Street scares congress to death if they don’t pass another bailout” story; another vote that just misses passing by a couple of “hold-outs”; then the holdout shysters get a few million in pork, a bridge to nowhere, an airport that even the avian population wouldn’t land on and presto-chango it gets passed with the usual hand-wringing, dire-faced bullshit from congressional asshats “none of us liked it but we had to do it to save the economy”.
I don’t even need to read the bullshit coming down in January: it’s already etched in stone.
@Max Power … Google search
The Max Keiser search is pretty interesting !
( Germany not even on the map )
http://www.google.com/insights/search/#q=max%20keiser&date=1%2F2007%2033m&cmpt=q
Ranking :
1. Kanada
2.Australien
3.USA
4.Großbritannien
5.Frankreich
..
..
Public Central Bank – Fire The Fed
http://www.publiccentralbank.com/
@Palantíri … so a new bailout so soon could potentially spark a different reaction from the hostage than the ‘go along’ routine
Yes, I was thinking the same.
I suppose JPM, C, BAC , GS, MS ,WFC do not believe for a minute that they would be allowed to fail.
They are all FED members as far as I know !
@Max, does the congress fail to see.. or are they payed to look the other way? I can’t make up my mind because can the average joe see it.. then it is not a question of perception.. it’s a question of how big the wallet is.
This accounting fraud.. is this symptomatic for the US or is it at least as big in europe?..
http://www.pvv.ntnu.no/~madsb/home/war/alex/bucephalus.jpg i prefer to follow the example of Alexander the Great who after the death of his Beautiful horse Beaucephalis , named a city in honour of him more noble .
The Mother of All Free Lunches
Nice little article …. easy and quick read !
http://www.economicstability.org/current-events/the-free-lunch
Last month, Dennis Kucinich announced that he will enter a bill into Congress this fall that does just that. It will based on the American Monetary Act (pdf) a draft of legislation developed over the past several years by the American Monetary Institute .
http://www.monetary.org/amacolorpamphlet.pdf
Courtesy of Nick here :
http://www.youtube.com/watch?v=4k_TiZqIkqQ
@Max
Is there an intrade bet that banks that do well now will report losses in the first quarter? I’d buy some shares..
Is there a point in crashing the economy (disclosing the surprising ‘where did that come from’ debt) so soon after 2008?
If the banks ‘at any time can throw the markets into a deflationary spiral’ to quote max, why are they not being more tactful and wait a bit? Many people have not yet forgotten the 2008 crash so a new bailout so soon could potentially spark a different reaction from the hostage than the ‘go along’ routine.
@maxkeiser
You’re assuming the average congresstwit is even capable of understanding derivatives. They vote based on who gets them re-elected and lines their pockets. These are the same idiots who passed the Patriot Act without even reading it – Ron Paul was probably the only one who poured over it’s thousand pages.
Seriously, half of them are senile or retarded and the other half are just plain grifters. That’s why Caligula named his horse to the Senate, at least it had “horse sense”.
got a question, how can they constantly put off bad debt to next years balance sheets. who the hell does the books? wouldnt you want to know where your business stood? profit / loss ? this must be the accounting fraud max mentions? only way to do this would be to have “friends” in high places to allow this..am i correct? .man, is the US in trouble………………….pg
the US gov’t should disarm Citi and other banks of their debt-bombs. At any time, Citi can throw the markets into a deflationary spiral like they did at the end of 2008 and extort more trillions to feed their subsequent bonuses for having ‘saved’ the markets.
The big problem is that Congress fails to see; fails to understand that the banks have weaponized the derivatives business and are using the threat of economic collapse to extort cash from Congress.
@Illya
lol…I’d be an asshole to if somebody used up 160K of my money…Your type of rightiousess is called stealing, but I digress, luck for you it worked..
@Mother
All I did was level the playing field, nothing more. Had they been fair, proper business people they would have been paid, but no, they had to be assholes about it.
Every time I see this upper class twit’s face I instinctively reach for my one iron.
@Illya
These companies know that, that is why they are very keen on clients that have done exactly that, because if you are bankrupt and you go even further into debt there is no such recourse anymore and confiscation of everything you and your children (and neighbours for good measure) might have is a breeze..You must have gotten a lot of offers..
That said, I ‘m not in favour of you burning 160K and then walking away, others payed for that. But I must be a bore..
“Citi (C) is abruptly shutting down credit cards linked to gas station partners.”
Maybe it is part of Citi’s contribution to 350.org international day of climate action..
Its funny watching this again when one person (Max) makes so much sense and the other (geek boy) is just telling us something he read that was sent to him by the Fed PR people. Erbidy Erbidy, thats all folks!
On another point.
Ted Butler re Silver.
He suggested to Gary Gensler, the Chairman of the CFTC, that he come clean about silver manipulation. Tell the people there is manipulation and then make it clear that its ok, if silver goes up it doesn’t mean the financial system is rotten as would be the case if Gold shot up.
http://www.kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2009/10/23_Ted_Butler_on_the_Metals_Market_files/Metals%20Wrap%20Ted%20Butler%2010%3A23%3A2009.mp3
So, Ted is happy the silver manilpulation is ended and not that of Gold? Hmmmmm, sounds like agenda driven ‘fairness’ to me.
I would think that if one is fighting Manipulation one would join with others fighting the same fight and stop ALL manipulation.
Am I being unfair to the guy?
Max’s tie is too pepperminty.
Ten years ago I had racked up about $160K in credit card debt – mostly spent on travel – so I said fuck it: I got my boss to “lay me off”, property was in my sisters name already, so I declared bankruptcy. BTW, it’s pretty easy to do in Canada.
If they hadn’t jacked up my rates I probably would have paid them off eventually, but they tried to fuck me so I fucked them instead. I advise this course of action for anyone so afflicted by these parasites.
Dr. Lerner has announced the following:
http://www.economist.com/sciencetechnology/displaystory.cfm?story_id=14698355