Stacy Summary: And I am sure Germany, China and Denmark will become superpowers for having the foresight or ability to replace the century old technologies on which we have been running our infrastructure. If RBS ‘may’ need more cash, they will need more cash. Think that £282 billion taxpayer funded ‘risky asset’ scheme will get tapped?
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@y’all
ONE!!!
Whatever you might think of Glenn Beck, he is at least right in that it’s all about covering up financial fraud … not about rescuing anyone except the establishment.
Glenn Beck- Buckle Up, America- Something Is Coming Soon
http://www.youtube.com/watch?v=i50NmDI5bK4&feature=player_embedded#
More Lunacy more stealing
What happened to the UK public ? they just sitting and watching ?
@Bonn .. probably watching “Strictly come Dancing” , “Coronation Street” or some other crap !
Wikipedia related eading
http://en.wikipedia.org/wiki/Rent_seeking
http://en.wikipedia.org/wiki/Regulatory_capture
Go to bed Phil!!!
@phil
yeah… being right for all the wrong reasons… glen beck…. scum!!!
@Danny – lol, I think @@Phil is in Germany!
Stacy
Am not trying to bring up “TOB” but i am shocked the £ has not fallen. I wonder @ what point they wake up & dump?
Mike
@ Phil..pls dont forget X Factor…
Why if Al Gore understands the future so well, is it a surpise het gets rich from it? This is just a way to exploit peoples jealousy to further the black agenda..
@Max
I though you might see some hidden thruths in these video’s regarding your penetentiary based society. Beware, they contain graphic ultraviolence..
http://www.youtube.com/watch?v=tVBV4gEUfMY
http://www.youtube.com/watch?v=BWmeKGIHotg
CO2 – ABC website tells kids when they should die http://tinyurl.com/ylk5gen
right link: http://www.news.com.au/technology/story/0,25642,23765244-5014239,00.html
UN chief damps climate treaty hopes, by Ed Crooks in London
November 3 2009, FT.com http://tinyurl.com/ygdophk
A new international climate change treaty is very unlikely to be signed at the Copenhagen talks next month, Ban Ki-moon, UN secretary-general, signalled on Tuesday, saying people had to be “realistic” about what could be achieved.
Bonn, Phil:
The UK may or may not be sitting and watching, but they are not given a referendum on Lisbon, are constantly lied to by all political factions, tracked from birth by the state, injected with poison, given rubbish food and water blah blah. You all heard them respond well to Max on 5Live once the opportunity is presented, on a plate, with neon lights all around and a big fuck-off sign saying “common sense”.
Despite all of this there is a healthy groundswell of opinion which is rising from the most unpredictable avenues. Not the audience from sites like this but an un-informed type of change in attitude which impressed me when I first noticed it. In the main, females are deeply suspicious and far more militant than males in the UK at present. They are descrete, but active. Not sure how this one will play out.
I wondered if it was one of those scenarios were the mothers sense a threat and create a diversion to protect their young type instincts. For example I know several mothers who have got tamiflu as perscribed… but tipped it down the drain! They are not activists, they are operating on a different level. It is however the only grain of optimism I have for UK. The men – by and large – are still depressingly in denial or of have accepted the situation as fate… something which disgusts me.
@ptha
re:your naturewatch: at least you didn’t use the word ferrel!!!
@Ptah .. glad to hear it ! (UK)
Strange that you should mention “mothers” … if Lehman had been called “Lehman Sisters”, they probably wouldn’t have gone BK !
Bankster “Men” – driven by testerones – are far too aggressive and short-term in their thinking. Maybe a few women running the system might have been better ?
…. Catherine the Great … Make love, not war …. LOL !
Supergffe:
Why would I have used the word ferrel?
UK to inject £37bn into Lloyds, RBS
The UK government on Tuesday doubled its bet on bailing out Britain’s two part-nationalised banks – RBS and Lloyds – adding up to £37bn of new money to the same sum it injected a year ago. The latest bail-out makes RBS by far the world’s biggest government rescue, taking as much as £53.5bn of state money, compared with the $45bn (£27.4bn) the US put into Citigroup. Lloyds, in contrast, sought to emphasise its commercial viability, launching a £13.5bn rights issue to which the government will contribute £5.9bn in line with its 43.5% stake. http://ftalphaville.ft.com/blog/2009/11/04/81296/uk-to-inject-37bn-into-lloyds-rbs/
Phil: you could be right, although too much oestrogen can be just as toxic… but differnt strategies exist as – I believe – my observation prooves, the wierd thing is recognising them… trends form through free association, and then dissolve just as quick. Always worth noting when you get the opportunity to observe.
“foresight” lol, let’s just cut the polite complimenting terms and call the motive for what it is; power and profit. Germany and Denmark are screwed too although germnay has quite a stake in the new dictatorship of the EU (czech republic signed on too, gee what a surprise again); the EU will fall right after the US collapses due to both economies rely on eachother and on their consumption, Europe (now 1 entity) is heavily in debt as well, increasing unemployment decreasing production: the question is do the “elite”/oligarchs choose to let their money cows live to milk it out further with more rounds of bailouts or kill it to increase global (monetary/economic) control. The goal is wipe out the middle class and depopulation (but that’s a conspiracy fact). China like i said; a planned economy will never work, proven over and over again see the social unrest just like a free market. there’s a way in between that works better (free market with regulations yet a consequence of the free market is that regulations be removed over time by lobbying for more profit) but best would be a economy where scarcity doesn’t increase profit, where technological research/innovation isn’t bound to a price, where technology doesn’t increase unemployment, where humans aren’t exploited/starving nor the environment. btw do you really think China is going clean? with almost a million chinese people in africa exploiting resources? Or do you think your energy bill goes down? energy prices will rise more; whether the companies calculate the added CO2 tax trough to the consumer or because the research can only be paid by higher prices. Always pay money to the corporations/hedge funds to make al gore a billionaire or for the profit of energy/oil companies. Beside like i said the economy relies way too much on the oil/car industry (with parts, transportation, storage, mechanics, drill platforms and so on), i think the only reduction is due to the lower/middle incomes not able to afford it. Looks like another attack outside the continuous monetary policy on the middle class. Yet There are too many external factors to say the empire with the biggest middle class will collapse soon; the dollar can be saved the banks can create new bubbles (most likely to be gold, oil and carbon taxes) debt can be reduced in many ways yet it could also be beneficial to implode the system due to the bets/speculation on the downfall. I don’t have a glass ball, but some outcomes of policies are obvious. And this looks to me like a domino of empires falling over a longer not short period of time. Almost forgot to mention how inefficient the technologies are and how it isn’t a surprise that banks get more money; if the population doesn’t protest the first time or when off shore hedge funds are bailed out, why would they now?
Total down 54% on weaker oil http://tinyurl.com/yfldshl
DEFLATION EUROZONE: Industrial producer prices down by 0.4% in euro area PDF http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/4-04112009-AP/EN/4-04112009-AP-EN.PDF
@ max
Hey Max, we know you buy the climate change bag-o-crap but at the same time you endorse Alex Jones. Could you comment this inconsistency and what do you think about the carbon trade scam / Al Gore?
@AM … middle class destruction
I’d agree to some extent .. certainly what it looks like.
OTOH, the PTBs ( EU & US ) must fear losing their grip on power if things go too far; i.e. social unrest etc.
The key to real information is the Internet, which i why I keep on harping about control and censorship.
The Treasury meeting with the Bloggers ( posted yesterday) was the first step IMO … we’ll see !
CBI China Will Host Gold Insights Forum as Enthusiasm Towards Gold Investment Grows
…Under such circumstance, the China commodity market information specialist, CBI
China will host “Gold Insights Forum 2009″ on Dec. 16th in Shanghai, China. The
forum can be divided into two parts, gold market and investment opportunities &
techniques. Official organizations such as LBMA, KITCO, the Peoples` Bank of
China, Shanghai Gold Exchange, China Gold Association and etc will attend and
carry out dialogues from the above mentioned two aspects. ….
http://www.reuters.com/article/pressRelease/idUS97260+04-Nov-2009+BW20091104
Investors see mortgage rates rising as Fed wraps up buys http://tinyurl.com/yzfqjt8
Crisis deepens for Chrysler http://tinyurl.com/yl278zr
October Personal Bankruptcies Highest Since 2005 Law Changes http://tinyurl.com/ygfrgzn
@Stacy.
FYI: the itunes download for max on radio five live is not working
RE “Glenn Beck”, “more lunacy, more stealing”: The only solution is totally off the grid. Or are you all just talking, discussing, and spinning wheels?
Buffett’s train ride is on a one-way track http://tinyurl.com/yjej8g7
Japan Spirals into Bankruptcy?
…. The rocketing cost of insuring against the bankruptcy of the Japanese state is telling us that the model has smashed into the buffers. Credit default swaps (CDS) on five-year Japanese debt have risen from 35 to 63 basis points since early September. Regime-change in Tokyo and the arrival of Yukio Hatoyama’s neophyte Democrats – raising $550bn (£333bn) to help fund their blitz on welfare and the “new social policy” – have concentrated the minds of investors at long last. “Markets are worried that Japan is going to hit a brick wall: the sums are gargantuan,” said Albert Edwards, a Japan-veteran at Société Générale. Y….
http://www.thedailybell.com/578/Japan-Spirals-into-Bankruptcy.html
America Grows Closer to the Third World?
…Free-Market Analysis: We are never, really pessimistic. This is surely an exciting time to live. The Internet, like the Gutenberg press before it, has galvanized an intellectual insurrection. The result over time, we believe, will be the reshaping of Western cultures and perhaps a restructuring of civil society in a way that brings the West closer to an equitable economic model, one less prone to manipulation by the monetary elite….
http://www.thedailybell.com/578/America-Grows-Closer-to-the-Third-World.html
FWIW
Warren Buffett, American Railroad Barron http://tinyurl.com/ycdevxd
@George,..I’m just spinin’ me plates,.eer wheels,..why,.what’s your plans buddio!
GREEN SHOOTS
Nokia Siemens Plans to Cut Up to 5,760 Jobs as Telecom Venture Loses Share
http://www.topix.com/com/si/2009/11/nokia-siemens-plans-to-cut-up-to-5-760-jobs-as-telecom-venture-loses-share
Johnson & Johnson to cut 7,000 to 8,000 jobs
http://economictimes.indiatimes.com/news/international-business/Johnson-Johnson-to-cut-7000-to-8000-jobs/articleshow/5193093.cms
BTW,..George,. it’s always been like this, regarding lunacy and theft,..you might have been asleep.
It’s just that it’s more in your face right now,.for a purpose.
Spiegel has some interesting English pages
http://www.spiegel.de/international/
The Story of ‘Operation Orchard’: How Israel Destroyed Syria’s Al Kibar Nuclear Reactor
SPIEGEL Interview with Al Gore: ‘I Am Optimistic’
Angela the Great or Just ‘Mom?’: Merkel’s Dream of a Place in the History Books
Swine Flu Panic Grips Ukraine: Electioneering with Tamiflu and Surgical Masks
EU Reform on Track: Czech Court Clears Way for Lisbon Treaty
Karzai’s Fraudulent Victory Will Plague Obama
Polanski Exhibit Draws Crowds in Lódz
Film Festival to Show Restored Uncut ‘Metropolis’
FWIW
Total Q3 down 54% on weaker oil and refining http://tinyurl.com/yze4gzd
Look at Al Gore taking the Big Payoff. What a brave, brave man. No doubt the banker types brought him in on the deal because he’s an expert in high finance. There was just no way they could do it without him. They just didn’t have the expertise.
Any doubt what team Gore was playing on from the get-go? His daughter Karenna Gore-Schiff is married into the family of Jacob Schiff, co-founder and presumed co-owner of the Federal Reserve Bank.
DEFLATION: Decling Wages
A new report from the International Labor Organization showed that wage growth continued to decline around the world in 2008, falling to 1.4 percent last year from 4.3 percent in 2007.
The UN group also suggested things have gotten worse this year. The picture on wages is likely to get worse in 2009 – despite the beginning of a possible economic recovery. Compared to the annual average of 2008, the real wages in the first quarter of 2009 fell in more than half of the 35 countries for which recent data is available. The downward trend in wages raises some questions about the extent to which the consumption of workers and their families will be able to sustain aggregate demand for economic production once the effects of government rescue packages peter out.
Inflation Fears, Sputtering Wages http://tinyurl.com/yjcyhke
A woman wades deep into a river bank to collect mud to pan for gold at a river bank in Pidie district in Indonesia’s Aceh province November 2, 2009. REUTERS/Tarmizy Harva
http://static.reuters.com/resources/assets/?d=20091103&t=2&i=1103_04&w=&q=
Gas masks from a street vendor are pictured near to the former Berlin Wall border checkpoint, Checkpoint Charlie in Berlin, November 2, 2009. REUTERS/Tobias Schwarz
http://static.reuters.com/resources/assets/?d=20091103&t=2&i=1103_01&w=&q=
@aleix1979 @Bill – you can believe whatever you want and live, prepare and invest accordingly;at the present neither Saudi Arabia nor much of the US oligarchy wants to have more efficient non oil based technologies; and you are, as they are, free to devote your time, energy, knowledge and wealth to preserving and selling more of this technology, certainly GM, Ford & Chrysler have done so; it would seem that Gore invested money in technologies that are in demand from other parts of the world and from growing segments of US population; the $75 million investment that Gore made in a smart grid was not rocket science; he travels a lot and knows about other countries outside of the US and would have seen that it was already a proven technology that is a success in Germany where citizens have been selling back into the energy grid; it seems like it was a no-brainer to copy this technology for the US
by the way, Warren Buffett has just bet/invested $44 billion in railroads
http://www.telegraph.co.uk/finance/businesslatestnews/6496667/Buffett-gambles-27bn-on-rail-to-get-back-on-track.html
Which is being hailed as a bet on the future of the American economy; but can also be seen as a bet on the future of low carbon.
You can fight the future all you want, but historically it has always won.
@Stacy,..Wow!! You can fight the future all you want, but historically it has always won.
I’m going to remember that one, is it one of your?,..If so, the best advice so far on this forum!,..and I mean that most sincerely folks!!
‘you can believe whatever you want and live, prepare and invest accordingly’
Yes, but be sure to turn a blind eye to the sdr-manipulations ongoing at the IMF/BIS conglomerate and diss Goldman Sachs whilst ignoring Allianz Group. Buy gold but ignore the fungibility issues at present: the sdr-sucking-liquidity sounds whilst IMF prescribes quantative easing. Talk about the common man and hope but buy into the EU hegemony. That’s the ticket. Look at squiggly lines on charts while the real players are looking at a global financial regulatory agency coercing trade for personal profit.
Pretend the Basel Mandates never existed or if the mandates did they were not catalysts for the financial meltdown. Pay lipservice to the BIS while maintaining that two men control the reigns of international finance: Bernanke and Geithner. Ignore the Financial Stability Board and the Basel Committee activities. Call China innovative and ignore the human rights violations. Ignore the UN mandates behind world ‘peace actions’ where colonization took on new rhetoric and impetus. Now that the big boys own controlling interest, diminish risk activities for private capital, prohibit bank leveraging to monopolize interest in the hands of the few represented by the politicos.
Don’t try or convict the criminals. Allow Barney Frank to write the regulatory legislation for his buddies at the OCC, turn a blind eye to Barney’s involvements in the previous sub-prime scam.
Promise hope but don’t deliver reception to the real story. Keep the people mundane and working on tasks that only operate in the interests of the real criminals.
Then we can all be part and parcel of the great Architect’s Plan.
“You can fight the future all you want, but historically it has always won.”
That depends on where one places one’s feet.
@stacyherbert
The article is about Gore investing in energy saving technologies. Those technologies are only valuable if energy prices greatly increase in the future. Government plays a large part in determining energy prices. Gore is a salesman for man-made global warming and government interference in the market to push energy prices up (or to stop global warming, depending on what you’re smoking). This has nothing to do with smart investing. This has everything to do with insider trading by a member of the ruling elite who knows how the casino is rigged.
Lyndon Johnson received nothing but a public servant’s salary his entire life yet died one of the richest men in America. Good smart no brainer investing?
Al Gore works for international criminal agents. He and Warren Buffet are traitors and an embarrassment to anything remotely understood to be American.
I think it’s time to try to appease the gods and avert their full wrath. This will entail a blood sacrifice. Since we are in a financial crisis, it’s clear that we need to begin sacrificing the leadership of the financial industry, i.e., Treasury, Goldman Sachs, and underlings. We need to calculate the number to be sacrificed and build a pyramidal structure in front of the Lincoln Memorial. Sacred mathematics, symbolism and all should be followed. Within a few months of sacrifices we should be able to turn the economy around.
We can call the event Apocolypto 2010. Live coverage would beam the ceremonies around the globe, 24/7.
@Frances,.Adapt, improvise,..why fight something, when you can use it?
Some old Indian gave me that advice!
Al Gore the front man for Cap & Trade bill being proposed will result in a totalitarian centralization of the American economy in the administrative agencies of the federal government, especially the Environmental Protection Agency (EPA).
Its 1,300 pages and nobody read this… its effectively a tax issued on the public not energy producers (up to $3,000 per person – increasing over time )
Al Gore just wants his companies and his products used and contracted not any other companies. In the world where oil shifts from exports to more domestic use ‘green’ energy will be huge market and he wants that sure monopoly in that sector
“@Frances,.Adapt, improvise,..why fight something, when you can use it?
Some old Indian gave me that advice!”
I will not bend the knee.
“Long is the way And hard, that out of Hell leads up to light”–Milton
Al Gore sued by over 30.000 Scientists for Global Warming fraud / John Coleman http://bit.ly/2dOiwE
HIGH BORROWING COSTS
Reuters: CIT carved for international banking interests:
“According to published reports, CIT would pay interest on the rescue financing 10 percentage points above the three-month London Interbank Offered Rate. This equates to an annual rate of about 10.5 percent.
The bondholder group includes Pimco, a unit of German insurer Allianz SE (ALVG.DE), and other large investors, and is expected to provide financing with a 2-1/2-year term, two people familiar with the matter said.”
http://www.reuters.com/article/bankruptcyNews/idUSN20660420090720
“This financing would be backed by unsecuritized CIT assets, which probably exceed $10 billion, one of the sources said.”
What occurred in the interim while PIMCO sat at the table, before PIMCO walked?
Don’t think that the interests that represent Allianz won’t turn on the EU commoners as well. They will in eventuality. This is not about the end of American empire. Terminus expiratus: fruition.
“Long is the way And hard, that out of Hell leads up to light”–Milton
Well, if Milton says it,..it must be the truth,…I’ll just find the path of least resistance,..tra le la,..
I have noticed some bashing of warren buffet, I have no stake in the matter but I recently heard that an old friend from kindergarten (haven’t seen since that time) is now working for warren buffet, and as the story goes – my old chum quit from citibank because he knew about some corrupt deals going on (now being investigated by the SEC) which is the main reason WB hired him – honesty. AS the story goes.
Max has mentioned this in brief, but could someone explain just why WB is crooked?
“why WB is crooked”
He found the path of least resistance also yielded a goodly profit margin.
If Gore is wrong and there is no market for what he’s selling than he’ll lose money.
Germany and China are not interested in debating climate change. They just want to make money.
Obama should steer entrepreneurs away from Wall St. America does not need any more financial innovation. America needs industrial innovation. If the risk/reward ration in industrial enterprises was the same as what Wall St. enjoys a huge wave of talent would switch from Wall St. to manufacturing.
not very specific…
Well said Max. Its pretty obvious in America’s economy now the focus is not about changing global warming and creating a new fiat system of carbon credits to be traded, ect. They are interested in creating jobs, whether or not anyone on capital hill actually follows this is up in the air. The large money in finance should be shifted towards tech, manufacturing, and education (seeing that the education system in the U.S. is crumbling). The production side of things should have come from a stimulus injection of money into domestic renewable energy manufacturing not into a failed banking system that wont lend.
“If Gore is wrong and there is no market for what he’s selling than he’ll lose money”
Gore is subsidized by criminal interests intent of cornering the market on risk. The interests are hoping to see a monopoly interest on capital flows.
Money making is a term rather obsolete at this point, isn’t it?
We should take this opportunity to dispel some modern myths:
1. Peak Oil: yes, most of the major wells have peaked and are in decline, but the Russian Academy of Sciences dealt with this 50 years when they proved oil was abiotic and then went about drilling where “no man has drilled before” and actually found oil where “it should not be”. We have enough oil for at least a thousand years – if not forever.
2. Global Warming as a “man-made” phenomenon. This is just insane on it’s face: studies conducted in the 70′s proved beyond any doubt that the entire population of earth could live in the state of Texas, a home for each family, fuel and food independent, with ease. The idea that such a PIMPLE on Earth’s surface could affect climate more than Solar Winds or the Earth’s precessional axial journey through the galaxy is fucking absurd.
3. So-called “pandemics” such as “Swine Flu” and AIDS are obviously the work bio-war technology laboratories.
4. Wars, whether “on” drugs or “on” terror or “on” “undemocratic” states are the exact opposite: they wars OF drugs and OF terror and OF undemocracy.
All in the interests of a select monied class.
@Illya
The “Abiotic Oil” Controversy. http://www.theoildrum.com/story/2005/11/4/15537/8056
@Frances,…Allianz,. A= pyramid l l= Jachin & Boaz ,..and ianz is the anagram of nazi,…(I was bored)!
@Dedo:
@Max
Why is there not a vigorous push for nat gas and coal in the states. South America supposedly is off oil. Any thoughts Max?
@Dedo:
Not to worry. As Stacy mentioned, this is the “comment section”. The basement of commentary when perhaps one is noticed when the uppers come looking for a bottle of wine. Then it is, “Boz. That’s a bad year.”
The point of notice is a point in itself. Noticed but never seriously discussed, mind you, like a toothache or a rectal spasm.
Winifred. What are you wasting your time reading the “comment section”. Might as well go for news from the Daily Mail.
Alfred, it is so interesting. These people aren’t even paid to spend their time rumitating.
Well *sniff*. Pardon, did you say you noticed what was written? Might as well notice the back end of that new rector, what was his name? Blankemfinely? The papers are here to service our needs. Those bloggers are below consideration.
Yes, Alfred. But I do like a good go at trash occasionally. I fancy some tea.
How does one create an account here? I tried using my WordPress login, but it says ERROR: Invalid username. When I try the Lost your password? with my email, it can’t find me either. But I don’t see a Create account link anywhere. Can anyone give me a clue? Thanks in advance.
The New Jersey Governor Corzine the former CEO of Goldman Sachs was defeated yesterday.
Couple things..
First, This Gore fellow needs to die in his sleep tonight. This guy really pisses me off. What a waste of skin!
Second, Can we not sue people for talking about global warming and climate change, since when these people continue taking about they are exhaling CO2 into the air?
He’s got a point but I guess that’s why most people come here.
The New Voice of America
http://inpoints.blogspot.com/2009/11/new-voice-of-america.html
@Max this is plain wrong…”If Gore is wrong and there is no market for what he’s selling than he’ll lose money.”
Well not exactly as we have seen all these god damn blood sucking parasites called politicians have a uncanny way of getting programs designed to create markets for their ideas, projects, etc….just like tarp,talf, ad nauseum…this is the age of orwell..losers are winners, winners are losers, heads they win, tails they win…same ole, same ole.
The guy basically made a movie and used politics as means to push his fully invested agenda..I have no problem with clean environment and clean energy but this carbon credit crap will be another derivative market to hide transactions, favors, payoffs, and anything else you can imagine..oh yeah and your favorite ibank will be one of the toll collectors, ie Goldman.
Ratigan’s Four Simple Yet Brilliant Proposals On How To Fix The System
Dylan’s four (shockingly logical) proposals on how to fix the broken financial system:
* Inject transparency, primarily to bring almost $500 trillion in swaps to the forefront.
* Capital to back Wall Street’s gambling. It is a guarantee that very few firms will have Goldman’s trading pattern each and every quarter.
* Enact a tax-code to discourage short-term profits. “Fortunes should not be made in minutes but over years through the creation of value to society.”
* Break up the Too Big To Fail banking institutions. Start with Goldman Sachs. Right Now. Christine Varney, we are still looking at you.
http://www.zerohedge.com/article/ratigans-four-simple-yet-brilliant-proposals-how-fix-system
Will the Democrats Lose in 2010 (or 2012) Because They Won’t Pass Real Financial Reforms?
People elected Obama in the hope that he would be different from Bush. But in the most important ways, he is just continuing Bush and Clinton’s (think repeal of Glass-Steagall) worst policies.
Both the Republican and Democratic party leadership have become lapdops for the big banks and the status quo. Neither are open to real reform or change.
The Democrats haven’t broken up the too big to fails. They haven’t restored Glass-Steagall. They haven’t really reigned in credit default swaps. They haven’t pushed for honest accounting or forced the giants to put their toxic SIV-hidden assets back on their books.
People are sick and tired of both parties’ catering to the big boys.
http://www.zerohedge.com/article/will-democrats-lose-2010-or-2012-because-they-wont-pass-real-financial-reforms
@Dante:
Do you think Rat-again thought those points up himself?
http://www.financialstabilityboard.org/publications/r_090925b.pdf
http://www.portfolio.com/views/2009/09/09/financial-executive-pay-should-be-limited-through-taxes/
http://www.globalpolicy.org/component/content/article/216-global-taxes/45999-the-tobin-tax-and-exchange-rate-stability.html
@Dante,..Great posts,..thanks!
More on how the big boys want to save us from the evils of capital:
http://pumasunleashed.wordpress.com/2009/09/14/robert-kuttner-supports-the-tobin-tax-on-wall-st-financial-transactions/
http://www.prospectmagazine.co.uk/2009/09/a-tobin-tax-for-wall-street/
@Dedo your welcome!
@Frances…whatever
Looky who had the idea at first!
“But the more fundamental thing, especially for regulators like me, is to realise that what has occurred has imposed huge economic harm throughout the world and so we really do have to work out how to stop it happening again in five or ten years’ time. And that requires a very major reconstruct of the global financial regulatory system, and I don’t mean a minor adjustment.”
http://www.prospectmagazine.co.uk/2009/08/how-to-tame-global-finance/
trickle-down regulations…
@Dante:
Yeh, whatever. I believe Rat-again thought those points up. And when they are implemented and we no longer have any access to any capital I will be eating the same canned-peas-company menu you will…but probably not Rat-again. He’ll be rewarded.
@frances…did I say he made them up? The point is they could be implemented if they wanted..not that difficult…they don’t want to.
No canned peas..fresh vegetables from friend that owns farmers market…whats that they say in Japan? Ah…oh so sorry.
@Dante:
Do you believe Zero Hedge came out of nowhere with Tyler Durden as a fighter for the common man? Did you read the comments after your link to the proposal for the Tobin tax? Do you think that the readers feel a might bit betrayed?
Why do I get whatever and Tyler Durden three cheers?
Whatever, to you, Dante. When cockroaches pull down your sheets, do you jump into bed?
@Frances…no cockroaches..have exterminator…do you need his number? sounds like you have problems.
“they don’t want to”
“They” that don’t want to might be the only friends we’ve got now.
It’s all about ecology, Dante. Once the capital flows are limited to the insiders then the killing can begin. Guess the exterminators will be busy then.
Cheers.
@ stacey @ all
You have crossed the Rubicon of HuffPo-type disassociative denial. You have entered the fuedalist plutocrat realm of douchebags for the Imperium.
I genuinely feel sorry for you: by denying the reality of the Kh*zar control of banking and commerce for the past two thousand years, you are either Deliberately or Insanely propping up the system that has led us to this day of NWO reckoning.
In all sincerity, I feel badly for you.
I wish you well. Adios.
Illya
What now say I?
Broad-square the base
No face
Sets mottled gray-green stone
No trace
Of love casts clear-eyed shapes
Beyond
My heart beats fast
No words allay
The fate is cast
Without delay
To run upon
The silent quest
Till time itself
Mocks this great death
Behest leaves yet a sigh
Return small ones
The winged flight
Upon the clouds
Brings fast the night
To writhe and moan
Spun with the rain
Sweeps clean the wildest
Hope again.
Name of the father, the son, and Goldman Sachs!
Goldman One-Ups Gordon Gekko, Says Jesus Embraced Greed
“The injunction of Jesus to love others as ourselves is an endorsement of self-interest,” Goldman’s Griffiths said Oct. 20, his voice echoing around the gold-mosaic walls of St. Paul’s Cathedral, whose 365-feet-high dome towers over the City, London’s financial district. “We have to tolerate the inequality as a way to achieving greater prosperity and opportunity for all.”
via Profit `Not Satanic,’ Barclays Says, After Goldman Invokes Jesus – Bloomberg.com.
http://trueslant.com/matttaibbi/2009/11/04/goldman-one-ups-gordon-gekko-says-jesus-embraced-greed/