Stacy Summary: The Truth About Markets, 14 November 2009, Resonance FM.
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November 14th, 2009 by
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@frances – re: IMF
I’m more focused on the World Bank and the WTO. The WB because the head is always an American by a sort of gentleman’s agreement coming out of Bretton Woods. The IMF is always headed up by a European.
I think the IMF has become irrelevant. China is the new IMF. They are the ones doing the lending. And as you would suspect the Chinese money comes with strings attached. One of the most sinister is that the recipient must break off diplomatic relations with Taiwan. It won’t be long before Taiwan is handed over to China.
The current head of the World Bank is Robert Zoellick. He is a sinophile. I consider him part of the conspiracy to transfer power from the US to China. Part of Japan’s dilemna with the US bases, is that it provides them protection against China. As much as they fear US Imperialism, they fear Chinese Imperialism even more.
The WTO is where the real action is. That is the real proto-NWO. In contrast to international organizations like the UN, it has enforcement powers. Any WTO agreements take precedence over national laws. We should remember this as the 10th anniversary of the Battle in Seattle approaches on November 30th.
the enforcement is the US Military…PERIOD;as always.
think of FCB Purchases as Protection Insurance.
Vito Corleone Understood; much more than Plato or Augustine. Paul was a’scared to speak about it.
IMF = deception and destruction:
“In 1978, one year after Jamaica first entered a borrowing relationship with the IMF, the Jamaican dollar was still worth more on the open exchange than the US dollar; by 1995, when Jamaica terminated that relationship, the Jamaican dollar had eroded to less than 2 cents US.”
“These loans were conditional on structural adjustment policies, which required Jamaica to enact economic reforms – trade liberalization, privatization, and deregulation. However, the reforms were unsuccessful and left the country with $4.6 billion dollars in debt.”
“The IMF frequently advocates currency devaluation, criticized by proponents of supply-side economics as inflationary. Secondly they link higher taxes under “austerity programmes” with economic contraction.”
“……the IMF policy makers supported military dictatorships friendly to American and European corporations. Critics also claim that the IMF is generally apathetic or hostile to their views of democracy, human rights, and labor rights.”
http://en.wikipedia.org/wiki/International_Monetary_Fund
http://en.wikipedia.org/wiki/Life_and_Debt
Thanks, Frank!
Very interesting points. Don’t you see a binding of the three: the IMF/WTO/World bank through G20 structure? The sdr-fiat abilities of the IMF seem to me to argue for its continued importance as hegemon.
Do you think the Codex trade mandates will be inplemented through the WTO? I thought the members walked out of the last meeting?
http://english.sina.com/world/p/2008/0730/174936.html
http://news.xinhuanet.com/english/2009-11/14/content_12457567.htm
Frances…you are a Secretary masquerading as a thought or a sensitivity….soo mundane,soo clerical.
@dante
it’s not good to leave things unsaid… though I don’t always agree with you, I really enjoyed your long rant from a couple of days ago!!!
@jim
It’s life man, but not as we know it..
@snoot
You seem so eager to defend the notion that the IMF is like a natural phenomenon intrinsically justified, but is is a human invention with the specific purpose to help states manage international money transfer, hijacked by its own survival instinct and a desire of some to use it as a tool for foreign economic policy.
The fungibility of gold is only dependend on the availability of recognized bullion and coins of standardized purity, see the definition of fungibility. Booyaaa
@phil
I would never say gold is a risk asset. It becomes more attractive in risky environments, but not for risk takers. Are you into fudging now?
@scott
Same again… just wanted to say… that you are always a real pleasure to read… even if I don’t always share your opinions, I always wish you would… oh nevermind… suppose ‘less is more’ as they sometimes say!!!
Thank You Masked Man – Lenny Bruce
http://www.youtube.com/watch?v=CebRfSFnWGM
Mother Earth…it’s existence you dessicated piece of dirt…not Life. You wouldn’t know or welcome LIFE if it danced on your button for a month.
@Jim:
If I took dictation for you, I’d be sure to delete the sonorous pings of the ubiquitous periods designed for what purpose I’m sure I can’t readily understand other than a base insecurity with tools. Do you have white hands, Jim? Is that why you detest London and his naturalism? Is it mere cognition that if you were put in a natural state you might melt like shortening on a hot griddle?
@jim
cheers… you deffo have your moments too!!!
The Saint Inspector
http://www.youtube.com/watch?v=pKiyIC_wd6w
@jim
But there’s Klingons on the starboard side!
@MotherEarth:
I assure you I don’t justify the intrinsic structure of the IMF: I would for a rose or a glass of water. The board of governors that sit on the IMF are also the leaders of the politico currency game funded by paper supplied by the same bank. It is these men that justify and vote assension for the IMF.
“The fungibility of gold is only dependend on the availability of recognized bullion and coins of standardized purity,”
The fungibility of gold is dependent on a pricing system based on fraud and the currency trade run through the auspices of the IMF/BIS cartel. Fungibility relates to liquidity in the way digestion relates to food. Without the pricing structure, gold value would be called into question immediately.
I think Phil was being quite honest about investment in gold at this point meriting a label of ‘risk’.
Frances…you are a Dumb CANT.
Supergeek…you are joyfull & generous & explicity qualified to be the Mother Teresa of NYC or LA….the true Calcuttas’ of our time.
@snoot
I love how you just choose rich words and juxtapose them inn a seemingly meaningfull way..
@Max and Stacy
Great show, but what of the resession being officially over, I’d like to hear some sharp rebukes..What if the Euro is saved?
@snoot
That is because you haven’t looked up the meaning of fungible. Funiblity has nothing to do with pricing. Unless gold is fully fungible, a pricing could not exist, so the question how fungible gold is in relation to its price is meaningless..
@MotherEarth:
At least you love something about me. I truly care you know. I like to think of myself as a moth pinned to the board of your understanding: you can’t have an opinion of me as I’m not under your control, but you rather like looking on my oddities.
Early submission for Sunday vid. club: Food Inc. (again):
http://topdocumentaryfilms.com/food-inc/
Just realized that there are instructions listed for over-riding the bandwidth problem. FAQ #10 explains how.
@frances
hey just call me call me Mr ‘T’… mostly I never know WTF Jim is talking about… I think he’s taking the piss coz mother T was supposed to be a right horrible twat!!!
one more from the bolex bros – Little Dark Poet
http://www.youtube.com/watch?v=LHFkMDxoqjQ
http://www.thefreedictionary.com/fungible
“Something that is exchangeable or substitutable. Often used in the plural.”
Galoshes would be fungible for tennis shoes if the galoshes could be used as a substitute in exchange: and it would to do if the weather were inclement.
The thing about words, MotherEarth, is that although the British claim to have the standard English, they acknowledge that usage and context play a role in the system of word exchange called language. Why the British even deign to use an Americanism at times for effect!
Do you iron your bed sheets?
Frances & Mother Earth are Cartesian Extensions & Projections of the Mother-Lode Schumpterian Creative Destruction; otherwise, known as Feminism.
No women. No Men.
Androgyny is Perfected Death.
@Supergeek:
TOO FUNNY.
@MotherEarth:
I won’t use that nasty naughty word, okay? Sorry.
Okay, MotherEarth. So if you are right and gold is fungible in the pearling defintion that gold is interchangeable with gold only as a unit of gold then gold is not a currency as such and I win anyway.
Oops. just used that naughty word again….goodness…Jim…I could….learn to like….communicating in a series….of mind…blip.s.
Fraud in Gold, This is pretty cool will gold go up?
http://www.marketoracle.co.uk/Article14996.html
@ Phil
[CC: Stacy, Max}
Off topic to this blog, I know; but after researching the area, *some* Abductee reports appear (quite surprisingly) to have some validity. Not sure what I make of Japan's first lady's claim though! (I admit to not having looked into it yet howeer)
If curious, you could do worse than start here:
[Documentary feat. the Late John E. Mack, former professor of Psychiatry]
http://www.youtube.com/watch?v=_xTQ2-S1n-Q
[part 1 of a 5 part series]
@Supergeek:
Am I selfless like the masked man? Am I?
Michael Hudson/Steve Keen recent conference</a.
@ majestic – Maybe the abductees wrongly accuse aliens. Could’ve been that the CIA or some other intelligence agency nabbed them.
@france
re… ixnay on the elfless-say
@Upergeeksay
Uckfay Ouyay.
@Snoot
LOL Examples of fungible items: One dollar bills, Ipods of the same batch, Big Macs, Kilo’s of 999 grade silver, Bush JR and a piece of slimy mold on the lower wall of a public urinal in Tangiers.
@Jim
Let me tell you it is enjoyable
@frances
@ Mep
Well, the agency’s relaxed its minimum height rules considerably! (And started to hire agents who display actual intelligence :-p )
OT Humour: Some Economic Dilbert
http://www.dilbert.com/strips/comic/2009-10-03/
Here’s MotherEarth in a limerick Nutshell!
“There was an old man of Dumbree,
Who taught little owls to drink tea;
For he said, ‘To eat mice,
Is not proper or nice’
That amiable man of Dumbree.”
And here’s one for Phil!
“There was a young person of Ayr,
Whose head was remarkably square:
On the top, in fine weather,
She wore a gold feather;
Which dazzled the people of Ayr.”
Both by Edward Lear:
http://www.nonsenselit.org/Lear/MN/mn060.html
“Bush JR and a piece of slimy mold on the lower wall of a public urinal in Tangiers.”
LOL!!!
No, not Fungi! Fungible!
Banks and large corporations say they can’t have domestic competition because they “need to compete on a world stage”.
This is crap and just an excuse to have national monopolies or duopolies. It is happening in all fields of business including food distribution and must stop.
http://www.smh.com.au/business/a-lack-of-choice-the-one-thing-you-can-bank-on-20091114-ifjs.html
@Supergeek:
Ooday ouyay inkthay othermay earthay owknays igpay atinlay? ahay ahay!
Stephen Colbert suggests lead-backed currency for US:
http://www.colbertnation.com/the-colbert-report-videos/255253/november-12-2009/the-word—the-money-shot
This is a great article about how it is very American to give enemy combatants a trial and about how Rush Limbaugh is ignorant regarding American history:
http://trueslant.com/rickungar/2009/11/14/rush-limbaugh-vs-the-founding-fathers/
@ancesfray ootsnay
eemssay otnay utbay aybemay eshay isway ustjay ayingplay umbday. It’sway ardhay otay elltay inway ymay experienceway ethay utchday understandway engilshway eryvay ellway, utbay ouyay ouldway obablypray owknay etterbay anthay emay eingbay away itbay oubleday utchday ourself!!yay!
@ancesfray ootsnay
eemssay otnay utbay aybemay eshay isway ustjay ayingplay umbday. It’sway ardhay otay elltay inway ymay experienceway ethay utchday understandway engilshway eryvay ellway, utbay ouyay ouldway obablypray owknay etterbay anthay emay eingbay away itbay oubleday utchday ourself!!yay!
spay Iway usedway anway onlineway onversioncay ooltay orfay isthay essagemay andway I’mway otnay oinggay otay oday itway againway
Frances….the church is ONLY the people of Faith in the Living Mystery…Flannery referred to your identification-the CHURCH- as merely another “cross to carry”…you like her style, her moves…you missed her point(as she fully anticipated)…the facts got ya’ again…go figure.
Jim: Flannery believe in the absolute authority of the Pope. Do you need a link?
@Supergeek:
OOGday IGHtnay! EETsway Eamsdray!
RODFL
Just Saw on CNN Does Increase in Taxes = Increase in Jobs
RODFL
@ Max are you High
RODFL man i cant wait to have a Drink with you Cheers
@mep
I got one more little animation to share… never quite sure what your avatar is… a dog, a bear???
Genre.
http://www.youtube.com/watch?v=z1n3JBQdN84
Shemada RODFL LOLOLOLOLOLOL
RODFL Starbucks,and Mac in the inner 4 states of the US
So they have thier Backs to the Borders
RODFL IS thier an Artist thier who can make a cartoon on that
@ Supergeek – Heh. Thanks for that. My avatar is Mep. I don’t know what Mep actually is — a dogbear? Years ago, I found the site OddTodd.com. The person who created it was laid off, and so he created a series of laid off cartoons. Mep was his pet. The cartoons were hilarious; Todd kept making more. A list of them are here. I think Mep is in most of them.
Supergeek….
Huh???????
All….
(or most of y’all….)
The world is changing…
*********profoundly**********
Here is the ticket to staying on top of the crap pile…
####RATIONALITY#########
Shhhhhhhhhhhh.
Don’t tell the others….