Stacy Summary: On the Edge, airdate 30 October. Max blows up a trillion dollars. Catherine Austin Fitts responds to some emails from our viewers with some great advice.
Here is second half interview with Catherine as one file.
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Stacy Summary: On the Edge, airdate 30 October. Max blows up a trillion dollars. Catherine Austin Fitts responds to some emails from our viewers with some great advice.
Here is second half interview with Catherine as one file.
![]() |
FIRST lol ROFL
ROFLPSLF i bet Euro is the world currency Second
Great show … great guests as usual.
Dow / Gold ratio since 1980 :
http://i.imagehost.org/0271/Print_SharpCharts_from_Stoc.jpg
Dow crashing? Gold climbing!
Happy Anniversary! Yesterday was the 80th anniversary of Black Tuesday which sparked the Great Depression. Will today go down in history as Black Friday?
It seems we have Ann Rand phobia at the NYTimes:
http://www.nytimes.com/2009/11/01/books/review/Kirsch-t.html?_r=1&hp
BONN:
TAKE A BREATHER ON THE WHISKEY
Dow down… Gold up.
“It is the message that turned her, from the publication of “Atlas Shrugged” in 1957 until her death in 1982, into the leader of a kind of sect.” (NYtimes link)
Isn’t that rather hyperbole? A sect?
http://en.wikipedia.org/wiki/Sect
If Randites are the sect, then who is the orthodoxy? The NY Times?
@maxkeiser.com
at last…. a good choice…. I think you should leave all that worrying about hairstyles to the likes of ‘geek boy’!!!
Reality comes home to roost in markets
Just about two weeks ago when the Dow went roaring above 10,000 I made the bold prediction that the market had peaked in my article “Prediction: Stock market has peaked”. This elicited from some the reaction that I was desperately in need of a brain transplant.
I’d just like to say this. “I told you so!”
That last segment on putting conspiracies to work for you was just awesome. Great guest.
@frances I don’t know about the NYTimes, but I certainly have Ayn Rand phobia. I wish to god she would fall into the black hole of obscurity.
Reality catches up on Wall Street.
CIT is filing for bancruptcy on sunday.. heads up!
Excellent show, one of the best for advice for the little guy.
That bit blowing up the money was hilarious. Reminds me of a scene in Braveheart; “They may take all our money, but they will never take…OUR HUMOUR!!!! hahaha
http://www.cnn.com/2009/POLITICS/10/30/obama.hiv.aids/
@Teresa:
LOL
I wasn’t pro-Rand writing. I don’t find selfish pigs appealing. I take offense to the Times declaring a book as the template for a segregated portion of society. Books aren’t evil! They’re books.
It’s a terrible precursor to what’s ahead.
Great guest. Credible, sincere, eloquent. And she has that wholesome heartland appeal that many don’t — people would listen to her, if only they had the chance.
A couple of my fave Catherine Austin Fitts links:
http://dunwalke.com//gideon/q301.pdf
“The Myth of the Rule of Law, Or: How Money Works – The Destruction of Hamilton Securities Group”, 2001
http://video.google.com/videoplay?docid=-5455605137215634518
84 min video from last year.. “The Role of Barter in the New Economy” … which is very interesting.
Why the ayn rand bashing? She proposed individualism, creativity and gold as money. if more people had followed her lead we would not be the little bitches for the banking cartel that we find ourselves to be.
Citigroup to take $10B writedown in 4th quarter:
http://www.cnbc.com/id/33552566
@Frank .. I told you here first !
Just kidding of course !
I posted earlier that we’re are at a critical point in terms of T/A of DJIA, NasDaq and S&P.
OTOH, even with the CIT BK, don’t bet on the market crashing IMO !
The crooks will probably invent some new 4/5-letter word to hide the debts on bank B/Ss … or even use one of the old ones, like FRAUD !
@Tofu … CAFitts .. IRTA 2008 … great video I agree !
Gold to Make New Highs Above $2000, Says Commodity Maven Frank Holmes
http://finance.yahoo.com/tech-ticker/article/363689/Gold-to-Make-New-Highs-Above-2000-Says-Commodity-Maven-Frank-Holmes?tickers=gld,gdx,gold,rgld,fcx,FNV.TO&sec=topStories&pos=9&asset=&ccode
No typo by the way!
Anyone here like listening to Michael Parenti? He’s got to be my favourite academic communist.
http://fora.tv/2008/01/17/Michael_Parenti_Discusses_Contrary_Notions
@phil @mongo
We think alike! Hope you get a chance to read my article.s
Reality comes home to roost in markets
Prediction: Stock market has peaked
Loved Catherine Austin Fitts! Especially the cut out the TV and forming your own conspiracy. Hmmm.
@y’all
yeah… uuuhhummmn… sure!!!
http://www.youtube.com/watch?v=dJjHOFQ9I2o
@Marietta!
You’re prescient!
@Supergeek:
Really nice link!!!
@WhiteHunter:
I don’t like her writing style or her message which to me develops ego at the expense of the imagination, but you are well entitled to your opinion. And I stood up for her right to reside on a library shelf!
My philosophy, in essence, is the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute.
—Ayn Rand, Atlas Shrugged[5]
Reason as his only absolute?
frances-
i think she means here that reason is the only mechanism, with which, we can come to what we accept and believe. what’s the prob?
@Frances,..why knock someone with good ideas,.I mean, you have a few,…don’t ya?
Why create a diversion in the road,..let folk wander along the work in progress, they might learn something anew !
Who really, is the guide?
Is it you,..or Ayn Rand?
@Dedo:
I would say, “both” as far as ideas, but neither as far as guide. Every person on the planet has a philosophy: even you, Dedo. And saying that reason is absolute is stupid no matter who you are.
Why can’t we look to the stars as a guide? The point being: people change and times change and one philosophy that makes sense in one time is ludicrous in another. The problem I had with the Times article is the placement of people in “sects” by other people inside the “temple of reason”. Don’t you see the remotest form of hypocrisy in that?
i think she means here that reason is the only mechanism, with which, we can come to what we accept and believe. what’s the prob?
@WhiteHunter:
Why don’t you have Ann Rand tie your shoes, then, since you don’t mind if she tells you how to use your mind?
I would guess the “reason” she philosophized,.was the “present”,..not an absolute,..I’m sure she was aware, all knowledge is emergent from it’s inception and beyond.
Maybe,..just maybe, most folk take things personally when they read words and concepts.
I wouldn’t say you’re most folk,.somehow
France-
it’s ayn, not ann. she does not “tell” me anything. her work merely resonates with what I already believe.
@WhiteHunter:
She tells you that reason is absolute. Do you believe that another way of knowing does not exist?
frances-
none that have application to our lives; what others call knowing, i would likely call predispositions.
Dedo:
Why do you take offense with me? If I seem obtruse, it was in an attempt to encourage dialogue.
“all knowledge is emergent from it’s inception and beyond”
If one agrees with the above then one disagrees that reason is absolute. Reason is dependent on language which is never absolute but reflects changeablity as much as the system of numbers upon which men count their assets and liabilites. Man craves reason for the hope that the transient might become solid: that the body might represent that signified which changeth not. Isn’t that the promise of the Bible? The incorruptible flesh?
On what do men place their hopes? Ayn Rand? Gold?
Hope is the misplaced signifier: a delineated line from Reason’s scribbles.
And yes, you are right. My thoughts reflect reason, but my hope does not lay within Reason’s chambers.
@Frank
I enjoyed your article :
http://futurenewstoday.blogspot.com/2009/10/reality-comes-home-to-roost-in-markets.html
..especially the chat about Russia !
Is Putin the next Stalin or Jefferson .. well put !
I have maintained for years that Putin is the best thing that could have happened to Russia.
OK .. ex KGB + current KGB of course , but he’s very intelligent, disciplined and politically clever IMO.
Russia is massive , and it’s no wonder Putin is hanging onto those Nukes ( + first strike option renewed ), as controlling such a sparsely populated land mass is almost impossible without an iron grip. You’ve currently got more Chinese inside the Eastern borders than Russians. You’ve got the the rest of the world eyeing your massive mineral , gas and oil reserves. The Siberian Tundra is melting due to warming such that more methane is being set free than the gas and oil we burn in western cars.
Putin needs cooperation , and is getting it , with the Chinese and Germans. Europe is now reliant now for 30% of it’s gas on Russia.
Interesting times indeed !
@Frances,.maybe your thoughts reflect the intention of Ayn Rands,. As the white hunter said,.whatever is applicable,..why be concerned with things we don’t comprehend at present?
@White Hunter:
none that have application to our lives; what others call knowing, i would likely call predispositions
Don’t you worry you’ll miss something vital or wondrous? I always wonder why men cling to reason with such a tight assiduity. When the knowing is always there beyond the letters and numbers waiting.
And you sound like Ebenezer Scrooge who insisted that the ghostie was a bit of undigested beef. Quite like.
Dedo:
Don’t you see that those that claim objective truth through reason claim the right to exclude the fairies and the witches and the sunlight from the picnic? It’s all some grind that has no music.
@Frances,.BTW,.I never take offense with anyone, unless they took a bat to my face,..I might get annoyed slightly : )
PS@Frank … noticed you have a link to Pepe Escobar.
He has great political insight IMO.
Mish Shedlock seems to agree with Stacy in that they both expect the world economic collapse to begin in eastern Europe.
Spotlight on Eastern European Currencies and Gold
http://globaleconomicanalysis.blogspot.com/
I don;t see how these economies can survive IMF dictates. The heads of the IMF, the Financial Stability Board and the World Bank are all former Goldman Sachs employees as are Turbo Tax Tim Geithner and Adam Storch the new COO at the SEC..
@Frances,..why does it concern you what others take offense at?
@mike king
whether you are smoking your bong or giving someone a good walloping… where ever you may be… miss you maan!!!
http://tinyurl.com/yj26p2d
LOL!!!
Supergeek:
I miss Mike King as well. He was the one that made me realize that ‘deficits don’t matter’. They don’t, because the system is owned by an agency that is erecting a new international financial structure. The deficits are like the sawdust to be swept up.
I believe it is the second time CAF was on. Asking for het tips was brilliant. She reminds me of Celente, maybe they read the same textbook on how to become a public speaker.
Just because Ayn Rand wrote a heavy brick that made a clear destiction between solistic entrepeneurs and the wider public that profits from their endeavours (I think) does not give her any importance. Its a trivial observation, and only the most egotistic rally against it. If you don’t like sharing then forget everything you ever learned in school. I believeshe was popular because she painted a dysfunctional society remeniscent of communism. Republicans referring to her and identifying with the entrepeneurs in her book should be flogged in public.
@Frances and Super,..This is what Mike King was trying to tell us about the unknown!
http://www.youtube.com/watch?v=YgP8uE4Cxh0&feature=related
@Dedo:
Because I too have a misplaced hope in a chance to overcome transience. I suppose it is human to have one.
It is what makes us strive and continue to get up even when the inevitable bat come swinging at our faces!
(so I care not to offend with words those to whom I deem my words worthy)
Goodness. Ayn invokes a lot of emotion!
The replacement to the $ is HERE!
http://seattletimes.nwsource.com/html/businesstechnology/2010147076_costco28.html
Mike
Bough me some silver tonight..Wiener melange..
@Mother,.I empathize with your good intentions,.but I would guess, using your writings as a guide, that you’re quite the selfish clam! maybe.
Cornish Pasties?
@dedo
How so?
I’m off to get my shoes tied by those very bony fingers
@Mother,..You do tend to go of on your own path, and expect others to follow,.me thinks,..maybe
Really cool designed website ..
http://www.native-instinct.com/
Click on “Our Universe” .. and then move the mouse-centre-roller or click on the orbs.
@Dedo
Maybe you have an opinion about my opinion?
@Mother,.Exactly my point to Frances,..whatever works, maybe
Journeyman doco on Poppa Neutrino… watch it free at booserver for a while? or maybe forever. Either way, it’s amazing. AMAZING. I wonder what Catherine Fitts would say to him about “protecting his assets”…
http://journeyman.booserver.com/store?p=3640
@Dedo:
I think Mother Earth has given the most sensible advice on the forum.
@MotherEarth:
I contradict myself in that reason leads me to the contradiction. But you believe in the cycles and the semiotic flow of knowing that operates without contradiction, don’t you?
yawl!! check this, if american enjoy!! Think he maybe being ironic….. fantastic, beautiful, understanding culture…. ornette coleman’s guitar player…but really more than that. Stacy, Max, good-good-good!!!!!!!!!!!!!M
http://www.youtube.com/watch?v=bds2SUqYVYc
@Y’all
gotta say… cornish pasties worked OK for me!!!
@Frances,…I agree, mother hit the nail on the head.
@snoot
Eh, no, I’m a dictator.
@Tofu
Cool link..
@Supergeek
LOL again.
So,..lets not take things to personally and have a bit of a laff,..lol
or not,…whatever the case maybe,..or not,…
I just wanted to tell both of you, Stacy and Max, how much I appreciate your down to earth insights and erudite deliveries exposing the dark matter in the universe. I look forward to your exposés convinced you are making a huge difference in the transformation that is taking place.
If you think that any of my images would help the cause you are free to reproduce any of the paintings.
Love the work you’re doing!
thomas
@Dedo:
Yes laughing always.
@dedo
I’m not territorial about my believes, anybody can have his opinion. That said I’m in a serious mood…
@Frances,.BTW,.were you aware, that when you laugh, it’s really hard to think?
@Mother,.why?
Forget Galleon: What about Goldman’s ex-boss?
It’s kind of amazing that with all the uproar over the Galleon business, nobody is making much hay over the recent revelations about the AIG bailouts, which make former Goldman chief and former New York Fed chairman Stephen Friedman look every bit as guilty of insider machinations as Raj Rajaratnam of the Galleon fund.
All of this matters for two reasons. One, it’s yet another example of how Goldman’s success isn’t attributable to how “smart” the bank and its employees are.
http://tinyurl.com/yl6ndco
In short: buy gold, silver, platinum. palladium, oil, solar, nuclear, wind…in other words: energy.
How can the world function without ENERGY? Case closed.
@Ilya,…the world “is” energy,.
beam me up scotty!!
@tofu
nice doc!!!
thanks for giving me an excuse to link to this clip… pedro bell – chic a go go.
http://www.youtube.com/watch?v=EvU5FFJ2K30
@Dedo
I’m writing a piece about the death of the petro dollar, future mad max US. Things are gearing up for nuclear warfare. Russia announced it, Israel announced it, and the US (by depleting their conventional forces) have no other option if the shit hits the fan.
So Max do you reckon the wobbles in global stock markets in recent days is an indication of something big happening soon (like a Citi bankruptcy & massive bailout). Seems a lot of the Elliot Wave crowd are confident of a big leg down next (3rd wave), as well as seeing major break in S&P500 trendline. Look out below!
@Mother,..I have wondered why folk have the arrogance to preserve the things “they” deem worth while,.
Don’t you?
Maybe, it is necessary to extinguish the old to bring in the new?
How many species of life become extinct every year due to natural phenomena ?
@Dedo
Haha, very funny. So next time I want to have a bar fight with my friends I can use your place?
Like…someone needs to explain to me HOW this planet can function WITHOUT easily obtainable natural resources?
Like it or not – especially for you brainwashed “Green Peace” simpletons who have been co-opted by big energy propaganda (Sierra Club being the prime CFR-funded hole in your heads) – we are a petroleum-based civilization for at least the next 500 years – and probably 1000 years.
Tell ya what: let me know when ICBM’s run on cold-fusion battery-packs, when nuclear ice-breakers are replaced with wind-power, when maglev trains run on geo-thermal, when radioactive isotopes that fight cancer are tidal-driven, when plasma-stealth fighter/bombers are powered by cosmic rays…
It’s all bullshit.
@Supergeek — Pedro Bell on cable tv (?) …very nice… reminds me of Tim & Eric’s Awesome Show…
(sorry) … a link for above:
http://www.youtube.com/watch?v=5p0QtJMKt1s
.
I think a lot of the drinkers here will like this…
@phil – Hi. Sorry, I was offline. I just finished writing a new article.
Timothy Geithner: The Goldman Sachs fink in the White House
Thanks for the feedback. Especially regarding Russia and Putin. I have no personal contact with Russia or Russian culture, so I don’t know if my opinions are skewed. Certainly the RSX is red hot. I was thinking of investing but am waiting for it to cool off a little.
Yes. I have a link to Pepe Escobar, but it is sort of a hack. He doesn’t have a RSS feed for his articles unfortunately. I also have a link for Max. I find it’s really useful to have those RSS links on my blog. When I reload the page the one with the latest article comes up to the top. It keeps me from constantly having to ping Max’s page to see if he and Stacy have any new links. Warning though, it can take a half hour or so for the links to update. Why is that?
P.S. Don’t miss Bill Moyers tonight. His guests include James K. Galbraith. It looks like the show will be dedicated to talking about the economy.
Cheers, and read my latest post when you get a chance. Also don’t be shy about leaving a comment on my blog. I just love comments.
P.P.S. If you click on my name here in the comments it will take you to my blog.
Hooray Stuart!!!
Nice explosion dude.
Great show Max & Stacy. The energy is so different on this show compared to the radio shows. All are Awesome!
On to ‘Truth About Markets’ now.
I love Staurdays, hehehehe.
Thanks guys.
lol, yeah, I want commenters too. Some Pakistani shills are attacking my sources here:
http://wp.me/pDCN5-g5
.
@Dedo.
“@Mother,..You do tend to go of on your own path, and expect others to follow,.me thinks,..maybe”
Holo Moly.
That wouldn’t happen here would it
To the EarthMother Dictator:
From: Galatica Starship Fairyduster
Please link the paper you are said to be writing, if you so please, your highest dictatorship. I “hope” to read it.
@WhiteHunter:
Are your shoes tied?
@Ilya
“How can the world function without ENERGY? Case closed.”
I thought you said case closed?!
@IIya
Eerily, I feel you are correct. The magnitude of what we are facing as a civilisation sometimes makes me irrationally optimistic. For all you greenie/new technology people, thats all great until you realise that all those solar panels, wind turbines, wave power mechanisations are made by and so far run using oil based technologies. This is a fundamental point. The shit we have to make to to save us is made and run by the thing we are running out of – its a major major complex. Thats my 2 cents.
@Mother Earth Re: Nuclear war. Maybe you can use this quote in your article. “If there’s a gun on the wall at the beginning of the play, by the end it must go off.” (Chekhov)
Its all very sobering, but I’m still very grateful for the communal thought process which binds us all together…
Where is the riots?
WE need to start to oranagise, plan, sort out. I think we could take a page from the book of Huey P Newton:-
http://www.youtube.com/watch?v=axhhXJqJJ-U
Mike
cassetteboy was there, he seen it all
http://www.youtube.com/user/cassetteboy#p/a/u/2/6QapZI2cLQQ
Fairydust Galatica’s Astrological Sign Guess:
Dedo: Gemini
EarthMother: LEO
Supergeek: Capricorn
Stacy & Mep: Aries
MaxK: Taurus
Tofu Charlie: Aquarius/Pisces cusp
Frank Hope: Not specified.
Mike/LIverpool: Scorpio
WhiteHunter: Gemini
Phil: Sagitarius
Richard@Lat30N: Libra
Dante: Aquarius
Danny: Virgo
Mike2Liverpool: Pisces
Illya: LEO LEO LEO…LEO
Fibon11235: Aries
YouriCarma: Gemini/Taurus cusp
Mongo: Libra
MiniUS: Capricorn
jim: Cancer
MIKE KING: to be announced
Bad guesses?
@frances
mike#2 had a birthday round jan/feb but din’t quote me… as for me… almost…. but no prize… I am still celebrating my birthday It;s been a long week!!!
@Snoot
Scorpio…
@frances
oh yeah from previous chat… I think Stacy said Max was a quarius… and only recently she mentioned on air she was a piscies… some of your guesses are spot on and some are funny!!!
@danny
have a good birthday dude!!!
Shoot. down for two.
HAPPY BIRTHDAY SUPERGEEK!
@Danny:
You take all the nice traits of Scorpio!
What’s your guess for me, SuperGeek?
Supergeek
Do you think Illya is more Sagittarius?
Blow up a Trillion? Not to worry I hedged a bet you were going to do that and made 2Trillion. They’ll just have to print more money! Most secure job? Working in the federal mint.
@Frances — lol! Good watery guess.
I’m a Scorpio, but have Cancer ascendant…
Yes! @TofuCharlie: I consider that a win!
Look at the poor Floridians, Tofu!
http://www.palmbeachpost.com/localnews/content/business/epaper/2009/10/30/1030bankamericaloans.html?imw=Y
@y’all
HAW HA HA… that is me laughing from the future at the next philip. k. dick reference or next time travel joke made by Max!!!
@frances
er… you all the worst traits of libra… where as killya… cancer or same as me dunno!!!
@Frances — Yes, they really make the people in Ghana look truly blessed…
Libra:
Negative: Moody or sulky, flirtatious, egotistical, vain, manipulative, overbearing and indecisive.
Gee, thanks Supergeek! What about coy, naughty, thrill-seeking, and terminally insipid? Don’t leave any out, now!
@TofuCharlie:
Yes, and Florida government is completely reliant on property tax: no income tax.
I don’t see how a person can possibly be overbearing and indecisive! It would seem they would cancel each other out!
Great show and great advice from Catherine.
What was the last point she was making? (Max had to cut her off due to time pressure). Something about monetizing?
@tofu
have a good birthday tofu cholly.
@frances
dunno…. should there be a prize when you out three scorpios in a row???
BINGO!
Now I want my prize seeing as I am manipulative and overbearing.
What a shock, the Congress has gutted the Audit the Fed Bill.
http://www.bloomberg.com/apps/news?pid=20601103&sid=atc2o1ijLRno
Karl Denninger’s on 30 Oct
http://www.market-ticker.org/
“The policies of The Fed were allegedly to “help lending”; in point of fact what Bernanke missed is that while he can provide all the printed money he wants he cannot control where it goes. And “go” it went, right into oil and other commodities first in late 2008 and then again in the summer of 2009, causing not one but two doubles of oil prices off the bottom – first from $70 to $140 and then again this spring and summer from $35 to over $80. This, despite demand collapsing for oil and refined products.
In the same light this “flood of liquidity”, instead of promoting economic growth, went into the stock market as well. This has driven the S&P’s P/E to one hundred and forty (as of 9/30/2009), a level never before seen in the history of the stock market, and on a historical valuation basis some seven times expected price/earnings value and more than double the previous high of approximately 60 (just before the Tech Bubble collapsed.) Should the stock market correct to a “somewhat reasonable” P/E of 50, the S&P 500 would trade at 375! Should it correct to a “more normal” P/E of 20, it would trade at 150! Of course earnings could (and almost certainly will) improve, but even if they double this implies that “fair value” for the S&P 500 is something close to 300! What are the societal and political implications of that collapse should it come, and how does Bernanke believe he can avoid mean reversion – when every other attempt to do so thus far has failed? Bernanke has done nothing more than create more asset bubbles in a puerile attempt to avoid taking responsibility for the policy mistakes that led to this crisis in the first place.”
Max, your comments are priceless! Even if you no longer live in america, you are a national treasure.
http://www.dailypaul.com/node/112760
Fed audit “gutted”
Cancer, with Scorpio ascendant.
8^}
Here’s what I think about your Floridians…
.
http://www.youtube.com/watch?v=r3qAS3HWZ5k
.
@y’all
4.30… excuse me if I have another tune!!!
http://www.youtube.com/watch?v=mXsmyLtpxlA
@frances snoot: sorry deary….birthday is 02/10,,,,,you do the calculation
Hello-o-o frances… anybody home?
Frank Hope: Not specified????
I’m deeply insulted. I should sting you right now.
(that’s a clue)
@ frances – Sagittarius.
@mep
this is weird… waiting for the votes to come in some cosmic poll type thing!!!
Just saw this–thousands line up in Iceland for one last Big Mac!
http://www.reuters.com/article/newsOne/idUSTRE59T3D220091030
@ Supergeek – I’m not sure that I know what that means. That’s okay, though. Did you ever get around to trying the lentil spinach stew?
Today is the day we remember the great deluge and those who perished therein.
@mep
I’m just amused by the horoscope responses, as they arrive… oh and a week of ready meals and takeaway… not good, may try lentils tomorrow!!!
Stacey, thanks a lot for diggin up that OECD report. what a find! very much appreciated
so they say…
9 banks closed today. Woo-hoo!
http://www.huffingtonpost.com/2009/10/30/california-national-bank-_n_340822.html
I forgot to comment on the show. I thought Catherine’s ideas were good–especially the part about turning off corporate news. The Clinton/Bush narco-trafficking bit was a little surprising b/c it seemed to come out of nowhere.
On healthcare, rumors are that the weak public option might have premiums that are more expensive than private insurance. That’s mostly because Congress refused to tie the public option to Medicare + 5 rates, and because the public option will be limited in access to 2% of the population–the people who actually will have an option of signing on to the public option are much more likely to be sicker b/c they are people who haven’t had access to insurance and to regular medical care. Making matters worse, Pelosi and others have said that NO further amendments will be allowed to the legislation, which means that we are stuck with this piece of shit “reform” package. Congress stripped out the most promising amendment–Kucinich’s amendment to allow states the right to start their own single-payer systems–without any explanation.
I had to go to the mall tonight b/c my guy needed some new socks, shoes, and t-shirts. I felt so sick walking around that place. I’m so disgusted with the scumbags screwing everything up in terms of legislation and financial reform that I want as little to do with consumption as possible. The DOW took a tumble today when the idiot investors got scared about the consumer data coming in. It’s ironic that they steal all of the money and then get scared when they see that nobody else is buying stuff for them to invest in. It would be hilarious if everyone decided to boycott Christmas–that would be a great way to really rattle Wall Street.
@ Supergeek- Let me know how it turns out! Yesterday, I made a big batch of pasta sauce. Ran out of fresh tomatoes so I had to use tomato puree and tomato paste. I spent $3.27 (had all of the spices) and made 3 quarts of sauce. The pasta sauce I used to buy is over $4 and is only 45 ounces. Mine tastes much better, and I get some satisfaction in the process by feeling like I’m in some way sticking it to the man. Of course I know that in the grand scheme of things, I’m really not. But it does feel like it. Also makes me feel a little bit more in control.
whar no fish on this boat?
Fed’s Massive Secret Wall Street Bailout Still Going Strong http://tinyurl.com/ykdvpse
Catherine’s advice to carefully comply with all the “rules,” because all one’s data is observable by Big Brother, does not seem so great to me. As long as one can afford to do so, one can have the illusion of “staying out of trouble” until the noose tightens further. But it seems to me, as I drive through intersections with red signs posted on the stoplights warning of $270 tickets for red light violations, or pass highway signs that used to say $500 fine for littering, but now say $1000 fine for littering, as if $500 was not enough, that clearly the “government” is all about eating the people, period. Everywhere the evidence is blatantly obvious. I am not someone who has the wherewithal to engage in “investments.” The money I have at my disposal is all in my pocket. I have a bank account but use it only for cashing checks. I expect a crash and will at least have some fiat cash when they lock the doors. I bought a wheatgrass juicer last week on the theory that there are 4000 species of grass and none of them are poisonous, so, along with sacks of rice, lentils, sunflower seeds and buckwheat for sprouting, and moving to a farm on a lake 2 years ago. that is my preparation for what is coming, what is really already here, after the stored fat burns off. When I run out of wealthy clients, I am assured by my landlord that I can always have a place on his farm as a serf, but I would prefer to see if I can find somewhere else to start over with my skills and ideas as capital.
Perhaps Uruguay? Who knows? I love to work, and the quality level I like to work at is not presently “economical” according to the “rules.” So I break the “rules” every day and have for years, for the sake of defying the kind of big-box world the banksters and Monsantos are intent on reducing us to. Human beings can never fit into such a vision, it is time to recognize this and say so.
UPDATE 4-CIT, Icahn agreement brings bankruptcy closer http://tinyurl.com/yg7s2yd
Wilbur Ross Sees ‘Huge’ Commercial Real Estate Crash http://tinyurl.com/ydofxmp
Federal regulators close 9 banks, mostly in West http://tinyurl.com/yztq4vn
Just keep buying that gold and silver, and oil while you can..
@ brian – Where in the heck do you live to be seeing fines posted like that?! I agree with you on the “be sure to comply with all rules” piece of advice. After some thinking, I assumed that she just meant don’t do anything to get in trouble–like sticking up a bank or threatening online to blow up Goldman Sachs. But back to your point, next year, it will be “against the rules” for anyone to smoke on my college campus. Don’t know what the fine will be yet, but there will be one–that’s the only way to enforce such social control, after all.
I read some where in the 1990′s tha 75 % of the Doctors in the US were Indians . So B/W em an Insurance agencys they’ll most probably not allow health care reform over there.
@ Max
Too funny ROFL if the Sale of Alligators go up LOL
My Advice to the US Citezen is start looking for a Job in Another Country . As soon as u get it , Sell everything u have in the US and Run
Like i said Roti Kappada Makan – meaning Food , Clothes and real Estate and as i pointed out i only invest in Land. Its gotta be used sometime as people move towards Citys since Monsanto has takin over the farming of the world . People are gonna be leaving thier Farms.Only Organic food will survive as Celente said Quality food. But the Screw up is if you could manage to get an Export contract going say to Europe. Who is to Say they wont change the Rules . So my suggestion is Buy as much Land as you can on the Outskirts of the City. Because Its in thier Interests that people move to citys so that the Giant Coorperations can Sell you more of thier rotten stuff. It just cuts them in thier Road transportation costs.
Mr. Hope:
OMG
Another wounded Scorpio? How did I manage that?
I thought your writing too sensible always and couldn’t figure properly!
@Chalcie:
I didn’t try to guess your horoscope seeing as I thought it might be against your beliefs!
Why the flood reference?
@MEP: “C.A.Fitts and Bush/Clinton Crime Family”…well you will have to comprehend her analysis of the HUD housing debacle while under secretary there under both Bush I and Clinton…apparently this goes along with her “popsicle index theory’ where she measures how safe it is in any given neighborhood for a 5 yr old girl to walk back and forth from the local store safely…She crunched the numbers and discovered that importation of drugs was directly in proportion to the number of HUD foreclosures…only in those areas where the drug trade flourished…actually an amazing leap for a former WS investment banker IMHO….the insiders were then able to monopolize on purchasing those foreclosures @ rock bottom prices…see http://www.solari.com for her exact words…It also goes to the late Gary Webb’s investigative journalism ( San Jose Bee ) as well, when he discovered that a guy named Rick Ross single handedly began ( invented??) the crack “epidemic” with the assistance of the CIA in LA…She also suggested to one of her seminar groups that if they could push a red button to stop the drug trade if they knew that by doing that the NYSE would be devastated with losses ( see also Richard Grasso’s visit to the Columbian FARC guerillas while head of the NYSE ) would they dot it..the answer was overwhelmingly: NO!!!…most folks have been misled about the direct relationship with drug smuggling/drug money laundering/ and covert CIA/MI6 activities over the last 40 years( see John Perkin’s books; and that ex Panama Pres. is still housed in a Miami jail more than a year after his sentence was satisfied )…[ Sec of Treasury Lloyd Bentsen spoke about this on his way to the Summit of the Americas in 1992 in Miami, when he said that one of the discussions would then deal with $100 b that is the drug trade, the other was electronic disappearance of another $100 b missing ]; now the drug trade money laundering has advanced to nearly $1 trillion and the electronic “undocumentable accounts” has broadened to astronomical amounts ( see her posting about the missing $4 trillion from the Pentagon budget spoken about by Donald Rumsfeld before Cynthia McKinney’s congressional committee on 9/10/2001….so she has a very non MSM view of the government and the myths they promote>>>particularly their anti-drug campaign made famous by Nancy Reagan’s JUST SAY NO campaign while the Iran-Contra scandal cocaine smuggling was being carried out in the basement of the WS…see the connection now????????
In recognition of all your hard work, Mr Blankfein has authorized a $700K bonus payment to each GS employee.
AS usual this years holiday celebration will once again be held at the White House and hosted by President Obama.
As a special treat he will be dressed as Nero while performing “Im proud to be an American”, that guy is a real hoot…
Of course there will be the usuual 5 star dining on golden service with members of congress as your wait staff. If there is anything you need just demand it from your wait staff as they are after all servants of the people. HAHA.
As usual the washrooms will be stocked with 100 dollar denominated toilet paper, and you may wipe your hands with towels imprinted with the US Constitution. Washroom attendants Barney Frank and Chris Dodd will as usual readily wipe your butts upon request. Be careful with this request from Barney though…
Additionally, the first lady, Hillary, Nancy and Harry will be administering our special awards ceremony for our top perfomers in the Lincoln bedroom. No cameras will be allowed this year to avoid any further repeat of last years incident.
Due to the “current climate” this years raffle prizes will reflect the tone. The gifts include:
A safe room customized for your home.
An armor plated Escalade.
A 40 acre survival retreat in South America.
A full time security team for one year.
Of course you all qualify for sanctuary in Israel at your discretion.
So congratulations and enjoy the fruits of your hard work.
Sincerely,
THE DEVIL
After several inquiries…
YES, you can play Monkey-In-The-Middle with the first lady.
YES, Nancy Pelosi will be doing her show with the donkey.
Remember there is nothing they will not do for our top performers…..
@Max&Stacy
CAF and Max are great together, they should do something like a 40 min. discussion about how to disengage from the tapeworm and put it up on youtube. anybody else think this is a good idea?
Dear Stacy, THIS is what trillion dollars looks like! http://www.pagetutor.com/trillion/index.html
good one Nino. Thats a lotta paper.
Bush Crime Family narco traffic, is old news. They truly are the Bush Crime Family.
Clinton allowed Bush to traffic drugs through a muni airport in Arkansas during his administration.
The United States has been using dirty drug money to finance many black ops operations. Iran-Contra being one during the Reagan administration.
Wayne Madsen, and investigative journalist published a article that drug money was being laundered through the Social Security accounts. Since Madsen’s site is for subscribers only,I will try to get the link and post it here regarding same.
The US is totally corrupt. There’s nothing left but everyone for themselves.
@gb YES, great idea! And a great interview, M&S&CAF! I’m currently printing out her Cephalopod Extinguishing Scheme and figuring out a list of companies to boycott..
@mep
usa
@Naomi: furthermore…Ms Fitts dates the corruption all the way to the NSA Act of 1947 the CIA Act of 1949…where it authorized those two agencies entry into the budgets of any US cabinet funding and the covert use of any of those funds….the padding that has gone on over the years was once exposed by the likes of folks like Sen Proxmire and his Golden Fleece Awards he comically awarded annually…but most likely they were redirected monies to covert operations…So what a surprise when the CIA HQ was named George H.W.Bush HQ….and that Bush “W” on his first visit to Langley had a screen placed between him and the operatives ( or were there aliens in the room too??)…so remember there are those who call for Cheney to be POTUS # 45!!!!!!!!They haven’t gone away…
That was GREAT – she makes a lot of sense. Another terrific show, Max! Glad you got your Macbook back, Stacy!!!
Jim Cramer a is a tape worm I could not agree more Scum Sucking ex Goldman Sachs piece of $hit has anybody ever noticed how many ex Goldman Sachs employees CNBC has most of the crew they own the government the media the fed this is a bad dream tell me this is just a bad dream
@richard, et al.
Suggested reading about drugs, money, the CIA, etc., from my personal library:
Dark Alliance- Gary Webb
Perpetual War for Perpetual Peace- Gore Vidal
… by Chalmers Johnson:
Blowback
The Sorrows of Empire
Nemesis
@norcalkid: well how to put this delicately: I’m old school….lived it…been there…done that….Don’t know the works by Mr. Chambers though…try The Politics of Heroin in SE Asia….for a primer….anything by Mr. Herrera…on the history of Hemp,etc…did you know it was reported that leaves of coca were found in Egyptian tombs??? That the postures of yoga were developed by yogis who experimented with ganga first??? When the PTB went after weed they attempted to eradicate a culture of life…much like the cultures that farmed poppies and coca…and that a former American banker by the name of D.Gordon Wasson wrote extensively about psychedelic mushrooms after meeting a Russian divorcee in SOMA??? That the original Prison Project funded by Harvard and run by Dr. Richard Alpert ( aka Ram Das ) and Dr. Timothy Leary, used psilocybin mushrooms with inmates to solve the recidivism in Massachusettes prisons only to be repulsed by the warden who was offered a position and pay raise to run a prison triple the size of the one they proposed could be downsized…that the federal BOP supports a Prison Industries program ( aka slave labor ) that is run by the Bush Family and that Keefe foods is a major supplier of commodities in federal prisons is also a Bush Family business….that CCA and Wakenhut are only two corporations in a lobbying group called ALEC that gathers yearly to find ways to advance the system and elongate prison sentences ( ie: 3 strikes rule, mandatory minimums, etc..)…that Mr Harrison a former FBI agent headed for retirement after the repeal of the Alcohol Prohibition Amendment promoted the federal attack on marijuana in the 1930′s ( The Harrison Act called for penalties against marijuana when there were none before 1914 )….and former AG Edwin Meese and former Chief Justice Rhenquist developed the 1970 legislation against marijauna and drugs in general while in the DOJ…that so much has been done in the name of drugs…that defacto decriminalization of weed is evident with the states that permit medical marijuana; and the Angel Raich SCOTUS decision was appalling as 900 doctors signed affidavits to the remedial value of weed in relieving her condition…she claimed and it was verified that as a cripple she only could rise from her wheel chair after smoking weed!!!!!!!!
@naomi: here is a YT interview between C.A Fitts and Art Bell (C2C am ) on the topic: Bush Crime Family drug importation and HUD housing failures
http://www.youtube.com/watch?v=7p5oXdUi38s&feature=player_embedded#
@TOFU
I seen this a while back. I love Parenti although I do think he’s getting a little rusty.
I agree to a large extent with his analysis of Chomsky and Alexander Cockburn in their roles to downplay 911 and JFK.
Ralph Shoenman and Mya Shone at http://takingaimradio.com/ have also done a tremendous job exposing The Nation and it’s moles like Max Holland and Robert Dreyfuss on these issues as well as Iran.
Since you shared a media link, I’d like to share too. It’s Guns and Butter – Charles Manson and the Crushing of the Counter Culture, posted October 28, 2009
http://kpfa.org/archive/id/55645
Awesome show this week. I loved the financial advice Catherine gave and the link she gave between the CIA, Bush & Clinton family and the drug cartel.
correction: former FBI agent Harry Anslinger not Harrison; though The Harrison Act was the anti-marijuana act in 1933…..