Stacy Summary: Truth About Markets, New Zealand. November 11, 2009
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November 11th, 2009 by
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Max explains Wall St.'s financial terrorism to radio listeners in Moscow
Hi Stacy. How do you know the church does not rule the world today? What makes you think they would give up all that power? ….it wouldn’t surprise me if they own all the multinational corps.
@Frances – it’s not funny, it’s the State of the Union. As for judgements, yes I make judgements every hour of every day. It is a necessary activity that one must do in order to survive on this planet. Note:
- These people in Wal-Mart are voters.
- They do not think like you do.
- They do not read Zero Hedge or Max Keiser.
- They NEED someone to take care of them.
These are important observations and judgements that have an impact on my future survival. Not just mine, either.
New DVD released “Food Inc”
Explains the governments role in farming,
and big money control.
Strongly recommend !!
http://www.lunch.com/reviews/Food_Inc_on_DVD-Wiki-1429031.html
@Frances,…you seem to be on a mission to affect other folks lives,..how come?
Are you no different to the leaders of folk, in retrospect.
What is best for someone who has been deceived,be it by, or for themselves.
@Franco – Church rules.
The church still rules, but it’s a church of a minor deity known as Pluto or Mammon. Even Hermes-Thoth has been put underneath this deity!
@Mother
Do you actually believe that the thugs, thieves and greedy bastards who managed to gain wealth through deception and violence are interested in creating a utopia for the world???
If this was the plan, then why not allow an open and cooperative effort and engage the people in a positive way?
What has and is continuing to take place is massive fraud followed with ever increasing “laws” to restrict individual rights. Our governments have been corrupted and no longer represent us.
If you really believe what you write than you have already been “assimilated” and can no longer question what is right in front of us in clear view. Again, this carbon taxing is an oppressive tax scheme that will do nothing to address our REAL problems.
Take a look at what Goldman up-to, what does there PR thing they are doing are they crazy?
I cant work them out, maybe they don’t think they are personally at risk and maybe they are right? I feel sorry for them personally.
LOL
Do they think this is clever ?
Do they think they are smart ?
or are they doing this to taunt a bit of a joke or maybe they don’t understand that theft has consequences for all?
At the moment its a joke and long may it stay that way, we hope.
http://fofoa.blogspot.com/2009_11_01_archive.html
@Will
@Franco … Dummheit regiert !
Dumbsh*ts rule ! .. and I mean “us” !
This is important to understand !
How else would we allow such imbeciles to tell us what to do !
“Well of course, but I think your expecting a bit much from a website. If you’ve worked out a better way to get other people to wake up and think critically than providing an open forum for debate and ideas, then let us all know !”
Do people think critically while reading the whispered allowances at Zero? I only notice parrot squawks and flapping of winged agency to do the bidding of the ‘truth outers’. I don’t expect anything of a web site! Open forum is good! You asked this:
Anyone else reading this?
And I answered you.
http://kunstler.com/blog/2009/11/dreams-die-hard.html
How long before we see $1200 gold
This week or next?
@Phil – Let’s look in the mirror, or as Paul Levy says, Awaken in the Dream:
http://www.awakeninthedream.com/html/
@Phil
Funny sort of …..
Marshall Auerback says on 8 May 2009: Bernanke has to continue to make hawkish comments about inflation so as to avoid a complete blow out in bond yields, but the the dirty little secret is that inflation is the way out of the debt trap, along with dollar weakness. Both reduce the real cost of debt servicing. http://tinyurl.com/yko4tw6
Noah Rosenblatt says on November 23, 2008 already: “In my opinion, the fed IS printing its way out of a deflationary spiral with hopes to inflate us out of this mess.” http://tinyurl.com/ylc4tc5
I wrote on January 22, 2009: “The will try to inflate themselves out of depth!” http://tinyurl.com/ygtr2ho
“@Frances,…you seem to be on a mission to affect other folks lives,..how come?
Are you no different to the leaders of folk, in retrospect.
What is best for someone who has been deceived,be it by, or for themselves.”
Well, the only place I’d like to lead people is to a library. You make me feel like a whoopie cushion!
@Will:
It’s about socio-economic snobbery. Just because someone wears a pirate costume to Walmart does not mean they are incapable of making good personal decisions. How can you tell from the outside what is going on inside? Do you believe as the Victorians did that the physiognomy is an indication of the character of the soul? And over-consumption as an indicator of an inability to make wise choice would, of necessity, marginalize most Americans from your ideal fellow citizen molde. Abigail Thunderthighs might have good survival skills on a farm. Do you?
DrudgeReport currently has a picture of a gold ingot being poured for the breaking news headline, with a link to this article: http://www.bloomberg.com/apps/news?pid=20601087&sid=ap38fF9NrCIM
@Frances,….Oh,.I make you feel like it huh!,.where’s your agency now, when you need it : )
http://www.eff.org/wp/anatomy-bogus-subpoena-indymedia
gov. IP mining???
Agency, Dedo? I thought I was on a mission with the other insolent know-it-alls! Either that…or worse…something from my childhood imprint…
http://www.youtube.com/watch?v=SnhgpVb-u5s
@Frances – How can you tell from the outside what is going on inside?
It doesn’t matter what’s going on inside if the body is so large that the only activity possible is sitting in front of a TV set.
And over-consumption as an indicator of an inability to make wise choice would, of necessity, marginalize most Americans…
Bingo! Those bodies were built over years of making wrong choices. Their personal choices, not mine!
…from your ideal fellow citizen molde.
??? I’m talking about reality, where things are. I have no IFCM, I leave that to the Republicans and Democrats.
Abigail Thunderthighs might have good survival skills on a farm. Do you?
Yes, as well as lots of other practical skills which I have worked hard during my entire lifetime to develop. And although I may die tomorrow, I still have to decide what to do today based on what I observe around me. It ain’t pretty. It’s not hopeless by any means, but there will be a lot of hard “lessons” for all of us.
VIDEO: Congressman: Obamacare Will ‘Shred Constitution
http://www.americanparchment.com/video/shred_constitution.html
@Will:
If you think about it, the fatties have a survival advantage seeing as food will become extremely scarce to acquire in future.
@frances
KI think the term is ‘recession proof’!!!!
@Frances – How can you tell from the outside what is going on inside?
It doesn’t matter what’s going on inside if the body is so large that the only activity possible is sitting in front of a TV set.
And over-consumption as an indicator of an inability to make wise choice would, of necessity, marginalize most Americans…
Bingo! Those bodies were built over years of making wrong choices. Their personal choices, not mine!
…from your ideal fellow citizen molde.
??? I’m talking about reality, where things are. I have no IFCM, I leave that to the sleepers.
Abigail Thunderthighs might have good survival skills on a farm. Do you?
Yes, as well as lots of other practical skills which I have worked hard during my entire lifetime to develop. And although I may die tomorrow, I still have to decide what to do today based on what I observe around me. It ain’t pretty. It’s not hopeless by any means, but there will be a lot of hard “lessons” for all of us.
@maxkeiser.com
oops almost forgot… thanks for the download… lookin’ forward to the show!
@Stacy
“What’s that law that says demand will go down as price goes up?”
The law of supply and demand, lol.
@Photoception – funny, but I think I said demand continues to rise despite price rising
@Will:
“Once we’re rid of all that, we may rediscover a few things left inside our collective identity that are worth regarding with real self-respect.”
One would expect that from Kunstler. The collective identity is a SENSE relative to personal subjective discourse: it is not meant to represent a realized entity. The view of Kunstler aligns itself with Obama’s ‘shared values’ strategy: which is perfectly Hegelian in scope.
” It’s tragic that the avatar of hopefulness himself, Barack Obama, stepped into his role at exactly the moment when this set of conditions was getting traction”
Kunstler avoids pegging Obama with any acts relative to Obama’s personal agency: truly ridiculous. And when was Obama the avatar of hope? Obama was a marketing tool.
There is not an objective collective identity unless there also be a corresponding Hegelian state which would to call the rational into being. Fie that Kunstler relies on the ignorance of his readership in accepting what Kunstler derives his sustenance from and for: the tyranny of the rational state collosus.
Veblen Goods
In economics, Veblen goods are a group of commodities for which peoples’ preference for buying them increases as a direct function of their price, instead of decreasing according to the law of demand.
http://en.wikipedia.org/wiki/Veblen_good
@maxkeriser – thanks for that . . . I assume you are the same person as @maxkeiser
@maxkeriser.com
try this it may help!!!
http://realitygems.com/images/eye%20chart.jpg
@Max: excellent dude…”Veblen good”….conspicuous consumption etc….and that was before the MSM media blitz for the last 60 years!!! Mr. Bernace and Marshall McLuhan and the entire Madison Av crowd…did we ever stand a chance against mind control??clearly yes..but shamanism and hallucinogenics may have had an added effect rebuffing the psychotropic pharma concoctions that the laboratories and psychiatry depts. nationwide and worldwide have promoted….
Oh ooO a third show
great. A special show for the internet audience…what is the special topic?
@Supergeek: excellent dude…A Tibetan Eye Chart..have been looking for one for years
@Palantiri – tune in tomorrow . . .
@Frances – Kunstler comments.
Well, I don’t really “agree” with Kunstler on a lot of points, but his forum is still useful to me to find out what some people are thinking.
I really do appreciate it, that you use words like “Fie!” and that you use the subjunctive mood in English still. But heavy discussions of a philosophical nature during times like these reminds me of The Philosophers’ Football Match: http://www.youtube.com/watch?v=QslXTuhQUCY
…intellectually stimulating, but I’m more interested in discussing the odds on what’s really going to happen. So rather than try to analyze the philosophical derivation of Kunstler’s ideas (which BTW I’m not qualified to do), I’m more interested in how they affect his readers. It’s interesting, for example, that Kunstler continually touts getting back to the US railway system for transport of humans and goods, and that Warren Buffet agrees with his pocketbook.
Seems appropriate somehow right about now:
http://www.youtube.com/watch?v=JvKIWjnEPNY
@Will:
More limericks?
prettypleasewithhoneyandsugarontop
@Supergeek:
Do you have to take your glasses off BEFORE gazing at the chart or wear them to see FOR gazing at the chart?
@Frances – Limericks – they’ll hafta wait cuz I gotta stay in the focus zone today. Mañana…in a jib-jab thread of course.
@Will:
Thanks: looking forward to it.
PMF
Pirate My Fish
Hallo M&S
Sorry but i have to say that the quality of your financial information content on the rdu-wednesday show is crashing like the stocks last Oct/Nov
Arundhati Roy Part 1 of 2
http://www.youtube.com/watch?v=HmIaX7W-BFU
On the Somali pirates/ externalizing the costs of pollution, is everyone aware of the Larry Summers pollution memo?
http://www.whirledbank.org/ourwords/summers.html
M&S, When I put on my Sea Shepherd Conservation Society shirt this morning I had no idea I’d get to hear them covered on your show today. Thanks. I’m excited about the new ship also. That’s right it can travel fast enough to catch the “hunter” ships, which SSCS has been unable to do previously. They just had to go after the slaughterhouse ship Nisshin Maru.
Like Karmabanque, Watson is trying to destroy Japanese whaling via economics. Sending a fleet of ~8 whaling ships to Antarctica costs something like $1 million per week. By depriving the whalers of 50% + of their catch, they can hopefully bankrupt the gov’t backed company supporting the whaling.
I know that I’m a pain in the ass . . . just have to say that I think the “magical thinking” exists, in part, because of the level of inequality we have in this “rich” country of ours. Increasing inequality generally coincides with increased political division. And as we see, EVERYTHING has become political in the US. If one party takes one stance, then the other automatically assumes the other, and the loudest voices prevail (like in ancient Sparta). Those at the top, of course, want to hold onto their power and their wealth, and the least educated amongst us are precisely those who believe most in the myths spun by the corporations. From what I can see, the US is #1 when it comes to corporate PR firms, think tanks, etc. finding new and improved ways to dictate the terms of debate and brainwash the public. And these days, public distrust of government and corporations only HELPS the corporations, because every potential reform is understandably seen as another way to hoodwink and rob the public.
(Remember, too, that only something like 34% of the US population believes in evolution.)
@max. If the gold price reflected it`s true value today the gold mining industry would have enough of it`s profits available for investing in the moral environmental clean up criteria regulated by the gold mining industry .
But this is not the case as we all well know. The availability of unlimited dollars and manipulation by central banks has effectively stopped the price discovery of gold.
When a company ( gold mining / producer ) has a product that sells at below REAL value they cut corners. The first area of the mining business to be CUT is the environmental clean up ( as well as R & D in this area ) as regulators can be encouraged to turn a blind eye.
So, what have we got ? An industry ,that has to realise a profit ,with the true value of it`s product being suppressed . Hence limited resources going into being ecologically sensible.
If ( and when ) true price discovery materialises, the industry will not be vilified as a polluter of the environment but a environmentally sensible contributor to our planet.
Also as gold becomes the true monetary standard this unlimited printing of fiat currencies will cease and the true price of…. well……everything will be reflected in the things we consume , thus slowing down the over-consumption of the global consumer as prices would reflect the availability of all products ( refer to whale and tuna discussion )
Anyway I just don`t see this ( suppression ) ending any time soon
Enjoy the show and vids,
Cheers
You would think in this day and age that the Japs would have gotten around to ‘farming’ whales, a Japanese friend of mine who got married had as part of the meal a whales penis which all the guests got stuck into, they regard them sort of like swimming cows, I eat animals (particularly fond of lamb) who am I to disagree.
What is meant by the term “magical thinking”? To me this sentence encapsulates the phraseology:
“We are leaving the era of fiat currency and entering the era of hard currency backed by gold.”
According to Wiki:
“In anthropology, psychology, and cognitive science, magical thinking is nonscientific causal reasoning that often includes such ideas as the ability of the mind to affect the physical world (see the philosophical problem of mental causation), and correlation mistaken for causation.”
Taking Wiki’s definition and extending it to economics, the statement that we are leaving one realm and entering another cannot be made by any means except by a wish to call into being the next realm through words or faith in words. The correlation of gold in a previous world where gold played a role as a medium of exchange should not be substituted for causation: there is not now any developed nation relying upon gold as a means of exchange. Indeed, the basis of the exchange system now in operation is reliant upon the leadership and regulatoin of a bank, the IMF/BIS/WorldBank, which uses a currency basket, the sdr, as its basic reserve unit. There is no causal indication presently in occurrence which would substantially back the belief that the era ending will be followed by gold-backed hard currency because the event *worldwide abandonment of fiat for gold-backed exchange* has not taken place and has never taken place unto this date in time.
It is not errant to facilitate belief through the reliance on magical thinking, but one must remain firmly in the realm of religion and not export a hope to others that reality may bend to suit one’s passion or dementia.
Unless Max is a wizard, the hope for a gold-backed substance to currency exchange in future must needs remain at present a hope, and nothing more.