Why you don’t have a similar report running on “The Voice of Russia” the descendant of “Radio Moscow” is beyond me.
The USSR won the transmission war with the West, as I can remember when Radio Yerivan boomed in to Vancouver, BC back in the early 1990s.
In spite of shedding an entire arghepeligo of jamming transmitter station (RM leased from the Ministry of Communications for SW service, LW and MW had similar arrangements in the Soviet Era) … and in spite of shutting down a few redundant and out of date SW relay stations … Russia still has the edge against the West as a whole in Radio Transmission facilities.
Should the geosync satilites be wiped out in a solar storm, Russia will not be affected. The US, UK, Germany, Netherlands, Japan … will.
@Max, Good, thought-provoking concluding comments on modern debt slavery. Reminds of an article by Ellen Brown from last year.
“Although European financiers were in favor of an American Civil War that would return the United States to its colonial status, they admitted privately that they were not necessarily interested in preserving slavery. They preferred “the European plan”: capital could exploit labor by controlling the money supply, while letting the laborers feed themselves.”
Is $6,300 fair value for gold?
The last parabolic spike in gold took off when central banks joined the fray in the 1970s, hoarding bullion with the same enthusiasm as gold bugs.
Dylan Grice from Société Générale says it smells much the same today.
He sees an eery similarity between the decision of India’s central bank to buy half the IMF’s entire sale of gold, and the move by France’s central bank to start converting dollars into gold in 1965 — which was, of course, the start of the slippery slope leading to the collapse of Bretton Woods and the closure of the US gold window under Nixon.
In the gold mania that followed, the price rose to levels that matched the US dollar monetary base (it reached 140pc at the peak). If that were to occur today after Ben Bernanke’s go at the printing press, gold would have to reach $6,300 an ounce. The US owns 263m ounces of gold while the Fed’s monetary base is $1.7 trillion. Simple equation.
Gold has had its ups and downs, of course. It is trading today at roughly the same real price as in the mid-13th Century — when an ounce bought a light suit of chain mail.
It doubled in the late Medieval bubble, before crashing 90pc over the next 500 years after the Spanish gold discoveries by Cortes and Pizarro in the New World, and then the finds in California, Australia, and South Africa — bottoming around 1930.
“Gold isn’t intrinsically safer than any other asset. There is nothing mystical about it either,” said Mr Grice.
However, precisely because gold is almost useless, it makes the perfect currency, and that is the role it is playing right now as flight from fiat paper leads to fresh records each day ($1150 yesterday).
Almost all western governments are insolvent. The total net liabilities of the US and France are both over 500pc of GDP. The UK and Germany are over 400pc.
We are bust. To make matters worse — says Mr Grice — central bank credibility has been “permanently ruptured” by their collective failure to see the 2008 crash coming. (He is too polite: they caused the crisis by holding real rates too low for a decade, creating a debt bubble).
Given that central bankers have been exposed as mortals/charlatans (ie pretending to command an exact science, when economics is merely a descriptive branch of anthropology), who can have much faith that they will manage the exit from emergency stimulus with skill?
Markets fear that central bankers will try to satisfy political masters by inflating away our debt. (Here too, I have my doubts: my concern is that they do not yet understand the deflationary dynamic underway, and will stay too tight, for too long, until we are in the Japanese abyss. Look at the 7pc annualized contraction of the M3 money supply {not the same thing as the monetary base, at all} in the US over the last three months, which Bernanke refuses to look at because he regards M3 as a barbarous Friedmanite relic.)
Mr Grice’s method is an odd way to calculate fair value of gold, but as good as any in a mania — and certainly no worse than ARPU ratios and “market cap to clicks” in the dotcom bubble. So perhaps gold is cheap.
Personally, I take no view on this. As a contrarian, I never like an asset that is in fashion. I loved gold at $252 eight years ago. The higher it goes, the less I love it.
Now, what asset today is as underpriced relative to the rest of the market as gold was in the depths of bear market in 2001?
The Harare stock exchange looks a good place to start.
@motherearth
uranium mining is only a very small part of the cost of production in the nuclear industry
Even if the cost of uranium production is doubled it would not effect the cost base substantially.
The nuclear industry -
is a capital intensive industry where most of the money goes into infrastructure investment
As we all know very little money has been invested in the wests capital since 1971
This may now change soon.
So are you saying it will work or it won’t..I personaly don’t get the appeal of nuclear power because it doesn’t really deliver on its promises (cheap energy), and now it’s even clear it simply can’t..
@Max: good presentation and a good well rounded guest ( of course, you too Sherbert !!! )..But one has to wonder why more is not made of just two of the fraudulent incidents that have been reported by the MSM recently: 1) the $137.5 b and the $100 b in bonds that was walking across the Italian landscape and confiscated; and the “tungsten” tonnage replacing pure gold bullion as filler…just those two reports besides the activities of all the manipulation caused by PPT and the massive derivative and CDS paper fraud )…should make the general public have the hair on the back of their neck rise up!!!!!!!! Sound money must sound like a fairy tale….yet that is what we on this forum ( IMHO) believe in …some how…some day….where are the regulators???and the investigative journalists?? Oh Ralph…”only the super wealthy can save us now”…Nader…RISE UP!!! Is information really that unimportant….we demonstrated in the 60′s against the Viet Nam War…and Civil Rights…and for the gals Female Rights….Today Thom Hartman also from that era has an opportunity to find his voice…Give it to him Max…
I wouldn’t scoff Sharia dress codes or anything else ‘sharia’ just yet. Didn’t you hear Max say that GE is selling Islamic bonds? Interest free banking was considered an impossibity as a business model just a few years ago…
Check out Ellen Brown’s article theorizing that the threat against Iran may be due it’s usury free alternative banking model, concluding that ‘dominoes that won’t fall int the debt trap must be pushed’
I was just sitting down to have some lunch, changed the channel to Al Jazeera, was boring so I switched to Russia Today and I see Max’s face on the TV. What a pleasant suprise.
Was an awesome episode and I dragged some of my colleages to watch. They all thought Max had a few screws lose.
According to Wei Benhua, former deputy head of the Chinese state administration of foreign exchange (SAFE), in an interview by the Chinese business magazine Caijing: “At present we should not buy. Instead we should wait for the IMF to sell gold next time, when the price of gold drops to a relatively low level, say, about $800 per ounce.”
Did the US agree to sell its nucear stockpile in return for China collusion in the gold supression scheme?
@Motherearth
Yes it wil work-
The wall street moneterists did not invest in nuclear power because there capital would be tied down for 20 years or more before they could make a profit.
speculators do not like such investments because they would have to invest for the long term – and that is just not in in their DNA
You just have to look at German utilties that are desperate to keep nuclear power stations open so that they can extact profit
from stations that could last another 20 years
These utilties exhibit the same properties as bank utilties where the people put in capital while coperations extract profit.
with the global population reaching seven billion I fail to see how windmills or other diffuse energy renewables could be a successfull investment – indeed this would accelerate the fall to a medival/feudal society that our overlords are trying to engineer
Let us embrace high technology heavy industry that had such promise before 1968
lets do things not because they are easy but because they are hard
@Youri …. Instead we should wait for the IMF to sell gold next time, when the price of gold drops to a relatively low level, say, about $800 per ounce.”
Watch what they do , not what they say.
If I was China, that is exactly what I would say if I was trying to load up on physical Gold bigtime !
Whether it’s via a stronger US$ or a real price drop, doesn’t matter !
@motherearth
The ideas that came from Rachel Carson “Silent Spring” while noble are flawed
This rejection of high technology will improvise us all and lead us down a intellectual cul de sac
We need to take the best from both schools of taught and build on them.
Who is rejecting high technology? Being highly intellectual does not butter your bread. What does is cheap and easy solutions to common questions. Ever heard of the concrete maffia and energy mob. They exist and are ripping you off as you write your post.
More dumbing down IMO .
I’m beginning to understand how my nephew got 10 grade “A”s in his exams.
Can they be sure that teachers will judge their pupils without bias ?
The old grammer/secondary school system of the 50/60s was far superior IMO. There was discipline in the classes and pupils were not mollycoddled.
Whenever you get a power vaccum the mafia fill that space and they will be probably allways be with us
Vibrant republican countrys are the only entitys that can police such activities but the world will never be perfect for allas we are all flawed
As for the technologys I would suggest the capital costs are even higher then nuclear because you have to install multiple redundent systems to provide contant power and I fear that is not a viable solution
We must think of money as a token of energy yet to be used – moneterism and Keynesianism failed to see this but parhaps the Austrian school had at least basic understanding of this.
of-topic – sorry
on global carbon offset scam, here is open source funding community – that is only jquerry, apache & postgreSQL… I belive list will continue to populate.
“When I tell people that, they often scoff and offer replies like “so you’re not a programmer then?” and “let me guess, you’re a coding deity or something?” Well let me say, I am a programmer and I am not Codethulu, but in the same manner that Al Gore can fly around the world in a private jet without polluting, I have negated my bad code footprint through the purchase of Bad Code Offsets.”
“Benjamin Franklin and others maintained that the chief reason for the American Revolution was that Parliament forbade the colonies from issuing their own money. Paper money issued by the Revolutionary government got the colonists through the Revolutionary War, but the British heavily counterfeited this money as a deliberate war tactic, and by the end of the war it had been inflated so much that it was nearly worthless. Fear of inflation led the Continental Congress to completely omit paper money from the Constitution, which does not say who can issue paper money or under what circumstances. The private banks filled the breach, and by 1913 the United States had the same private central banking system that England had.”
Did you read this, ManFromGlad? The US Constitution was not written by the Continental Congress:
What does the US Constitution have to say about who should have the power to create coin?
Section 8. The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;
To borrow money on the credit of the United States;
To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;
To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;”
The Congress is the legislative body that is designated by the US Constitution to coin money: the Constitution was approved by the Philadelphia Convention.
Bob Chapman wants to disregard Article 8 and give the power to coin money to the Treasury (aka IMF). He is a globalist. Anyone that disregards Article 8 does not support the sovereign interests of the US. If we ‘end the Fed’ and deliver the power to coin to the Treasury, then we end the US permanently.
What is Ellen Brown’s opinion on this issue?
“Fear of inflation led the Continental Congress to completely omit paper money from the Constitution, which does not say who can issue paper money or under what circumstances.”
That is an interesting sentence. The Constitution is silent about paper money, yes, but not silent about coin.
Get on the green power bandwagon and you’ll be all right..
@snoot
FYI Constitution was to prevent paper money, only gold and silver where to be legal tender. The state of Massachusetts however had to resort to promissary notes to stave of a revolt of its army, thereby reintroducing paper currency. It promised it would be a one time thing, but it generated so much purchasing power for the state that it caught on and spread.
I think the link is incurrect..Mass create 30,000 usd in siver promisarry notes after they became independent to stave of a revolt of its army that had not been able to pillage Canada as they used to do each winter..
@Francessnoot
Yes deficit spending is a neccessary part of war
The winner can then claim the capital of its foe and receive interest income for its efforts.
“The US and North Korea……I dont see the difference.”
@DanValley:
One could say that about any puppet government set up by the bankers in proxy. Do you think the US is more totalitarian than the UK? I think the UK sets the trends for our Homeland Security. What is frightening is the left press opening their beds to the Homeland Security recently. Well, that’s all part of the government the left longs to install!
Thousands of starry-eyed children all over the world are writing letters to the jolly man at the North Pole this holiday season, but they will not likely get a response from Santa Claus or his helpers.
The U.S. Postal Service is dropping a popular effort begun in 1954 in the small Alaska town of North Pole, where volunteers open and respond to thousands of letters addressed to Santa each year. Replies come with North Pole postmarks.
AMD was ca. 7.50$ yesterday !
Option MaxPain for tomorow is 6$.
Just guessing that AMD’s stock price will be between 6.00 and 6.50 tomorrow afternoon.
It is one of the most highly manipulated stocks and often meets it’s Options MaxPain on expirey – tomorrow !
Frances….Wikipedia….as the Bible. Please…..and I thought you considered yourself well-read & literate.
Your notions about the Continental Congress & the Constitution “process” require much refinement…past Wikipedia; I suggest.
Please see Forrest McDonald, Robert Shalhope, Woody Houlton, Terry Bouton for starters.
The Founders loved Paper & so did even one else. The Founders bought up the Continentals(Shay’s & Whiskey Rebellion) for pennies & were “refurbished” at 100% in SPECIE; paid out of import tariffs. (Abigail Adams, the biggest holder)….that, together with protecting Morris’s Bank of North America(10th Amend) had more to do with that “pretentious” land charter document of incorporation than anything. Consult the Yazoo Matter; if you doubt me.
Frances…you are autistic; like everyone else. That is; you have read everything(ha-ha) & understood nothing.
Think Bolingbroke & Walpole and you stand a chance of gettin’ it…..everything follows from there.
The US was ALWAYS Goldman Sachs & Sullivan & Cromwell…that’s the POINT.
Once Again. The STATE exists for one reason & one reason ONLY….to issue & collect DEBT. Everything else is “designed” to attend to this SINGLE PURPOSE>>>>>PERIOD!!
If awards weren’t as rigged as the markets; you should be nominated for pulitzer, emmy, golden globe and ofcourse nobel prize for economics. Yet seen all previous winners i don’t know whether it is an recognition/compliment. The point i wanted to make that this is another great informative show, funny analogies; keep up the great work!
The two of you guys are my favorite financial doom and gloom couple. My favorite and most entertaining end of the world religious couple are Jack and Rexella Van Impe. Max Keiser you are the Jack Van Impe of finance. Keep up the great work. And don’t let Stacy go the way of Rexella.
Watch the actual videos as he is surrounded, gassed, and tasered. Joseph Moshe is a microbiologist who had called a radio station, and stated that the H1NI vaccine is actually a bio-weapon, and is the DEPLOYMENT OF A PLAGUE. The official propaganda line is that he had threatened the President, although there is no evidence that this is true.
UPDATE:
At first we were told that he had been deported to Israel, but he never arrived in Israel. Then we were told that he had been locked up at the Patton state mental hospital in San Bernadino, CA. A call to that facility (909) 425-7543 will obtain a claim that they do not have him. We called the Twin Towers Correctional Facialty in Los Angeles at 213 473-6080, and reached an employee who admitted that Joseph Moshe has been held there since 8-13-2009. He is charged with “violating a court order”. He has a Court Date on 01/25/2010 at Los Angeles Municipal Court (DIV 141) located at 11701 S. La Cienega Blvd. Los Angeles, CA
We might ask for an accounting of all drugs, or vaccines, that he has been forced to take.
All of Moshe’s documents have been confiscated. Where are they now?
According to the Los Angeles Sheriff Department website, Moshe is charged with a misdemeanor. Yet the media is claiming that he had threatened the President. No such charge has been made.
Gee, have we got this story right? When a misdemeanor suspect is apprehended is it normal to disable his car with a magnetic pulse, then to use tanks, robots, massive amounts of gas, a taser, and a virtual army of Secret Service and FBI? Of course, when these sorts of things are done, is it not customary to come up with something, with which to actually charge the suspect?
Do not misdemeanor suspects usually get out on bond, or on personal recognizance?
This event has been quite useful for flushing out the government shills. All you have to do is see who it is that parrots the “party line”. Look for the demonization “trigger words” like “nut case”, “conspiracy theorist”, or terrorist.
Today, the MSM are not talking about this case any more. Yesterday, they wanted us to believe that Joseph Moshe was a nutcase and a terrorist, arrested for threatening to bomb the White House. Interesting detail about his arrest (the “Westwood standoff”) was that he seemed to be immune to the 5 cans of tear gas and 5 gallons of law-enforcement grade pepper spray they pumped into his face. He very calmly remained in his car, as the video footage of his arrest shows.
@Jim:
I linked Wiki answers because it had a good easy take on the issue. Are you an intellectual snob, Jim? Everyone in the US who took tenth grade civics knows these things. No one at this point knows anything about the men who wrote the Constitution or the ones who signed it. The Wiki link was as good as Cambridge on that. It was a basis for the question I had about who gets to control the public currency. That being the crux belies reference.
You are being a snob. All sources are inherently suspect. The reason some are considered ‘truth’ is that the state agrees with the perspective. The only link that made a real difference was the link to the US Constitution: the document which Obama swore (well maybe…) to uphold as so do the other politicos.
Why your assumption that the Bible is anymore vital or true that Wiki? Or was that a rhetorical question, Jim?
A notion seems to refer to magic. I have no personal notions about the Constitution: it does state that Congress is delegated with the responsibility to coin. The whole movement at the End The Fed is is reference to that provision. The problem is that the movement is being coopted by the forces which wish to retain control over the power of the currency: the ones that always had the power.
My notion is that it would be nice to end the master’s rule.
“The US was ALWAYS Goldman Sachs & Sullivan & Cromwell…that’s the POINT.”
Yes, Jim. But now the point is are we going to deliver the power to coin to the IMF?
There comes a time when the wise ones won’t need to lie to us anymore. That will be when we have delivered our children and our land over to their vestiges without a fight. The legal basis for governance in the US is still British Common Law based on the Constitution. If this be an illusion: then our freedom is an illusion.
Jim, you are quite dismissive of everyone except yourself.
Another way of looking at the “problem” in the US is cultural – the social engineering which has been effected by laws over the past century has been so successful in changing the values of people that the US doesn’t even faintly resemble the individualist culture which used to be so prevalent; indeed, one can easily see the current mentality of US citizens a hive-mind. This is especially true in monetary matters, where people who would complain bitterly about a change to the metric system accept a rubber ruler (i. e. the USD) as completely normal.
This situation cannot be changed very quickly. It probably requires that people experience reality for a while (e. g. hunger, homelessness, etc.) so that they are motivated to think for themselves and make rational decisions, instead of decisions which come from being hypnotised in front of a TV set.
This rules out meaningful change via political means, as the majority of people in the US are no longer self-educating, and will not figure these things out for themselves. Just think, if there were a group of people who espoused diverse values similar to the founders of the US, they would likely be vilified and sent off to Gitmo or a CIA rendition center. And no one would care, because they would think of them as radicals! Cf. the mainstream attitude towards Ron Paul, who at least makes some effort to abide by US constitutional principles.
I think we’re much more likely to see a slow-motion collapse of the US government over time, as it either devalues the USD or simply defaults.
Frances…if you think the “congress” is the answer to “monetary ” issues…you really don’t get it>>>>History that is.
You, like so many others assign “legitimacy” to the Constitution…I’m dumb-FOUNDED.
Please see…J. Allen Smith’s “The Spirit of American Government”, 1904.
Your spin on the Bible is more “cute” & e-motional….rendering you once again as an un-reformable LITERALIST(BASE MATERIALIST//NATURALIST) very un-becoming for a self-professed METAPHOR TYPE…like, your-self.
10TH GRADE CIVICS…now that’s rich…..Remember dear girl the Constitution was done in TOTAL SECRECY….and its notes(MADISON) were not made public for 40 yrs(they don’t tell you that in the 10th grade or any other)
BTW…Governeur Morris wrote the Constitution…and Madison wrote the Bill of Rights…read up on both & tell us about all your “good-feeling” & commitments to the “rule of LAW”.
Frances, you been HAD….as intended….MISSION ACCOMPLISHED.
Finally, a good friend of Jefferson wanted to write the History of the Revolution…Jefferson DENIED him any access to the “records”…..Jefferson didn’t believe it was a good idea to inform the American people of their Past or Present any time soon(sound familiar?)….these are the “men” of your “congress”…
Frances it is not an abused system…It is an abusive System.
@youri
don’t believe him, he knows you are posting that link for the second time and you are the most repetitive poster on this site…. he’s just winding you up so you discredit yourself more than you already have!!!
Frances…the IMF???…now, tell me who is the IMF???/…is it any different than all the rest???
America remains a colony…..and its people remain Indentured Servants…as always, as intended….most like it that way….luxuriating slaves: how absolutely MODERN.
It is you Frances who carry such inflated views: dismissing,discharging, obscuring VERY NAKED REALITY… profoundly dangerous to overall well-being.
In school-yard terms…get your sorry head out of your crying arse.
Jefferson & all the others thought they were Anglo-Saxons(teutons)…never comprehending that the Normans(William the Conqueror) has annihilated EVERYTHING Angl0-Saxon.
The Brits are poorly Romanized Scandinavian Pagans. British Philosophy from Eirugena to Russell is merely base HEDONICS….a degenerate form of Stoicism…which is a degenerate, debased Epicureanism.
As goes the metaphysics…so goes the rest.
@d3do
Youri only posted that comment a second time to expose the fact that you don’t read the comments much… don’t fall for it you are better than that!!!
Iran is advancing on dual nuclear bomb track: uranium plus plutonium DEBKAfile Special Report
November 19, 2009, 4:29 PM (GMT+02:00)
DEBKAfile’s military sources report that the UN inspectors’ October visit to Iran turned up dual-track progress in support of its nuclear weapons program: Feverish activity was registered in the production of plutonium at Isfahan as an alternative to the Fordo enriched uranium plant near Qom which starts up in 2011.
The IAEA experts discovered 30 metric tons-IS of heavy water hidden in 600 tanks, each holding 13 gallons, according to the report they handed in last week to agency headquarters in Vienna.
From the shape of the tanks and other indications, the experts concluded that this stock had not come from the heavy water plant at Arak but was imported.
…
…
“…I feel safe in predicting that within the next decade—and possibly even within the next year—we will be able to recover gold, silver, radium and all the other untold wealth from the sea,” says Thomas Midgley, vice president of the Ethyl-Dow Chemical company, whose research promises this modern miracle.
Willem Middelkoop (Dutch Financial Guru, Journalist – Gold seller) stated in an interview that systems never change from within but first have to collapse to start a new system all over again.
I think we all agree that a collapse of this criminal game is the best thing that can happen to the planet.
The hope is that the crooks that are upholding this system go down with it…. e.g. the politicians get removed.
If that doesn’t happen … more of the same – different name !
( @frances Q to remind us of SDRs )
@youri
yeah then try making more effort to find something else that fits todether… rather than the same old same old… lifes too short… and some people will get bored…. though not as easily as dedo!!!
Pa! I’m a’bathin Bouteeful out here’n back the collards. What you’be a’wantin?
Stella, I’m so cussed happy I could hoot-n-holler here’to Sunday. We’z gonna have a FED owdit.
A what, Pa?
What ya got cotton wadded up in’yer ears fur? I said an owdit. Them rascal bankers gonna have to show the world what is on them books at the Federal Reserve! Gold’ll be worth a fort-yoon! I’m glad we hung onto them teeth of Grannie’s!
But, Pa! What about the dollar? Ain’t it gonna be a problem if that’un bank goes bust up?
Not to worry, Peanut. We can buy a horse with the money we’ll be gettin from them teeth. You won’t be a’needin that ole muledonkey no more.
Looks to me, Pa, like you’z a’countin your chickens before they even gotz wings! I’ll just be thankful for whut I got now, seein yur ideedee ain’t nothin but cross-eyed. If I wanna see cross-eyed, I got Bounty’s face to look at: this here’n mule might be an eyesore, but she got more in her head than most folk.
Well. Suit yerself, Steller. Spect that from a wuman.
…HONG KONG/SINGAPORE (Reuters) – Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling.
Dallas Fed President Richard Fisher said in an interview with Market News International that the weakening dollar, which hit a 15-month low against major currencies on Monday, is only one of the factors the Fed watches when setting policy.
Frances…a book that may help clear some of the fog….is David Noble’s “The Religion of Technology”…..all of his books are good. Noble was at the Smithsonian & MIT before being discharged for non-supportive views. He currently teaches history at York U, in Toronto.
He addresses “western metaphysics”….or the lack thereof. Barbarians & their electronic gizmos’….on their way back to Eden…yes, another “eternal return”…Scandinavian style.
You have more options so now you can bookmark The Thom Hartmann Show and Alex Jones show for instance for easy re-listening. You also can put in your Podcasts with automatic download so you never miss a show.
You did not get my point..Of course the rejection was not to fight inflation, which could both benefit and hurt the whole population (inflation is not necessarily caused by governments or banks), but to fight the extraction of wealth (goods and services) on account of coercion and a printing ability. A bit like the US extracted wealth from the world lately.
The big danger is not fundamentalism, because it can be both good and bad. The bigger danger is relativism ( http://en.wikipedia.org/wiki/Relativism ) which is akin to nihilism, which is choosing to pretend you are actually dead and without influence in order to avoid having to contribute positively to the world.
But being a relativist juxtapoet you won’t ever come close to sensing the distinction I’m making. You may even get agitated because of my bigoted stance.
Outstanding show!! Max, could you start a catch phrase around all this. Like “Where’s the Enforcement?” , “Enron Parte Deux”, etc.
There is a mega wet blanket on any mention of enforcement or criminal activity of any kind. The MSM would have us believe that all those Harvard educated MBA’s just made a mistake and misplaced a few $Trillion. Thanks again for your clarion call for serious investigations and introducing me to Schechter’s work..
“I’ve written a number of books…. Renegade Nuns on Wheels was a real turning point in my writing career. It was the first book in which I started using verbs.”
Auto supplier NTN Corp. knew its gasoline engine parts wouldn’t be needed in Nissan Motor Co.’s Leaf electric car. So the component maker’s engineers built a mock model to test a motor-and-brake system it developed for electric vehicles.
STATES are not Sovereign…..nor are Incorporations. Only PERSONS.
The Constitution protects the “land charter”…not the person.Especially, with the 14th Amendment…the Person becomes permanently INFERIOR. Lincoln “freed” some; in order to enslave ALL….the so-called then “freed” soon discovered they had much bigger problems than before.
You know what the “boyzs” did to the “native americans”….well, now you are the New “native americans”..quite consistent & logical….ahead to the PAST….just ask the Irish…they been dealing with it for 1000 yrs…all you good millennialists…pre & post.
The Declaration of Independence declares Corporate(National) Independence: not, personal independence.
@Jim:
All words are immeasurable. Your brain matter though seems to be within the realm of scientific measurement. Now, explain to me, oh metaphysical know-it-all, how the measurable grey matter in your brain produces imagination.
I think if thousands of people each put up a short clip on YouTube burning a dollar bill it would Whip Inflation Now (in cyberspace, so we don’t have to whip it here). Think of it: Each of us would be doing her part to mop up the excess liquidity in the system, while providing a cool visual meme for humanoids to focus on worldwide. Maybe Stacy could organize a contest for the most original burning.
My name suggestion for this group of rouser’s and dissidents would be what the Yankees called the enemy when the Germans fought under the Kaiser in the ‘Great War’.
@Frances,….When I looked into my fathers eyes, after he died, “he” was no longer there!
When we dream, is it our energy using the experience of body to replicate in a non physical
form. What I’m saying is,. is the energy real, and the body just one of many experiences?
Is that what jim means,…
Mystery is TRUTH, BEAUTY….EVERYTHING. The Norman can’t stand that…..we need ODIN!!
Pagans from the NORTH are the MOST SPIRITUALLY DISTURBED of ‘em ALL…..the effects of that other Semitic disturbance from the eastern Mediterranean(Jehovah)…threw them over the cliff.
That Nazarene fellah is even more incomprehensible to Odin than He is to Jehovah….Zeus ain’t too happy either.
When Eliot said that people can’t handle too much REALITY…he meant to say Mystery….but, that’s near impossible for an Episcopalian to think, much less say. Where’s my Pythagoras when I really need ‘im.
Keats & so many of the darlings…are Naturalists(Pantheists)…they like you worship “FORM”….not Purpose; not Mystery.
The S0-called Enlightenment… was really the Age of Endarkment. Nothing more than Technological Materialism….Montaigne, Descartes, Bacon, Hobbes, Spinoza, Hume, Saint-Simon, Comte…..take your pick.
Frances…the Nazarene took all that came before Him & turned it upside-down & inside out. He, revoked your precious Histoouy & Nature….when you & many others speak of the nature of Reality….wht you really mean is the reality of NATURE.
The Nazarene remains more Incomprehensible today than He was then. The Mystery is Secure. It is you & I that are at risk.
Anyone that confuses Mystery with Prophecy has an IQ problem.(very weak thrust; very poor joust).
Mystery is APPREHENSION: not function, not form.
Think in terms of Personality. And think of Personality in terms of Spontaneity…..that is where the Mystery lies. There the Mystery lives within…not like previous Cosmologies that were ALL OUTSIDE….ALL INDIFFERENT….ALL INVISIBLE.
The Nazarene revoked History…revoke Time(Hebrews)…revoke Space(Greeks)…revoked Power(Romans). For that He was crucified & has been crucified again & again each & every day since. No God worth a shit could possibly ask us to live like that…how absurd.
The Nazarene came on the scene to approve all that came before (the murders by Israel, women’s subjugation, the claims of a hell) without a trial on the guilty or a question of justice and then decided to appropriate truth as being essential to his own person.
Frances…..you are both hopeless & pathetic….and marvelously explain the spectacle of modern day life.. Like Flannery said; ” anyone alive today; lives& breaths Nihilism”….it’s Death you crave…beautiful Death.
Frances…put Keats under your pillow & fall beautifully, truthfully asleep.
Okay….because….the powerful…..pungent….performance….of your periodic…..progression towards an argument…..has failed to enliven my mental state beyond…sleep.
Economists Opposing Fed Audit Have Undisclosed Fed Ties http://bit.ly/uTZOF – HuffPo
“We have slept through the annihilation of Afghanistan, Iraq, and Palestine, a war with Islam, the rendition of terrorist suspects, prisoner abuse and torture, the suppression of civil liberties, citizen surveillance, corporate greed, pandering to the rich and powerful, global warming, full spectrum dominance, imperial overstretch, and a culture of deceit. Massive military spending, multi-trillion dollar deficits and Wall Street bailouts, mounting trade deficits, and a precipitous decline in the value of the dollar have gone virtually unnoticed.
During our long period of slumber the United States government has lost its moral authority. It is owned, operated, and controlled by Wall Street and Corporate America. The United States has become ungovernable, unfixable, and, therefore, unsustainable economically, politically, militarily, and environmentally. It has evolved into the wealthiest, most powerful, most materialistic, most racist, most militaristic, most violent empire of all times.” – Thomas Naylor
Fake liberal & left wing authoritarian HuffPost writer showcases ignorance. http://bit.ly/19hEK
This comes just days after Rep. DeFazio called for both Geithner and Summers to be fired on the Ed Show; he said that “We may have to sacrifice just two more jobs to get millions back for Americans.”.
(DeFazio is big on infrastructure, and he’s right: Summers does hate infrastructure projects. Guess it doesn’t bother Larry that our infrastructure is crumbling, and engineers give our infrastructure as a whole a “D” grade.)
first class report Max and Stacy.
the frontline documentary was called “the warning”. worth having a look at.
so much for “the wizard” (greenspan)…the wizard of financial apocalypse…and his acolytes summers and ruben.
@Sherbert: I remember that in all surprise I once noted that this in really a Crusader War of sorts…one between the West ( christians/jews) vs. the Muslims and their belief in Sharia law ( non usury financing )and the west’s fractional reserve/over leveraged usury law…and the battles are being fought on the ground as the eugenists annihilate the peasants…depopulation the earth step by step..what a world…maybe we are all supposed to have our collective heads in the ground….I guess this form of feudalism has been around from the dawn of time…I love the books by Daniel Quinn where he shows that history was the hunter/gatherers and then the agrarian culture where the more they grew the more they set out to war with their neighbors to acquire their lands for more crops..and the more their population grew the more …the more they battled with other neighbors..the agressive nature of man might have taken a different path…but not so at this juncture…Maybe Krishna Murti is right and the folks behind the movie zeitgeist are right on…but I guess we will all have to get on board first….a tough call
Great show. Always love the content (helps to swallow the reality).
However hard to concentrate with the distracting hypnotizing background too similar to the blood red of “The Situation Room”. It did set off Stacy’s dress nicely though & on her side a bit less distracting without the big button. (yes it was great to see her in 3D!). Is that a panic button? What has to happen for you to push it?
Sorry to focus on that but I was so mesmerized it was hard to focus on the content. Does this replace The Edge? I noticed the preview but no show.
“infrastructure”….I remember that before the Gulf Iraqi Freedom War the national association of engineers came out with a study that said the infrastructure NEEDED a $1.2 trillion investment to fix the roads, tunnels and bridges nationwide….notice the Minneapolis bridge that collapsed and the Bay Bridge in California as a result of poor or no maintenance…still on hold AFAIK
I agree with Danny Schechter in his analysis of the robbery of the century; the small elite (a financial oligarchy) dominating the economic and political decision making – a credit & loan complex (akin to the military-industrial complex) – turning criminal, aided and abetted by the corruption and complicity of mainstream media and government/regulatory agencies.
He not a late-comer either, he was warning of the debt crisis by tracking the sub-prime bust, in 2006 as he said, just as that was about to trigger that crisis: http://i3.democracynow.org/2007/4/4/in_debt_we_trust_america_before
Democracy Now, 4 April 2007 (from 25-40 minutes).
“In a system of production, where the entire continuity of the reproduction process rests upon credit, a crisis must obviously occur — a tremendous rush for means of payment — when credit suddenly ceases and only cash payments have validity. At first glance, therefore, the whole crisis seems to be merely a credit and money crisis. … But the majority of these bills represent actual sales and purchases, whose extension far beyond the needs of society is, after all, the basis of the whole crisis. At the same time, an enormous quantity of these bills of exchange represents plain swindle, which now reaches the light of day and collapses; furthermore, unsuccessful speculation with the capital of other people; finally, commodity-capital which has depreciated or is completely unsaleable, or returns that can never more be realised again. The entire artificial system of forced expansion of the reproduction process cannot, of course, be remedied by having some bank, like the Bank of England, give to all the swindlers the deficient capital by means of its paper and having it buy up all the depreciated commodities at their old nominal values. Incidentally, everything here appears distorted, since in this paper world, the real price and its real basis appear nowhere, but only bullion, metal coin, notes, bills of exchange, securities. Particularly in centres where the entire money business of the country is concentrated, like London, does this distortion become apparent; the entire process becomes incomprehensible; it is less so in centres of production. …
“It should be noted in regard to imports and exports, that, one after another, all countries become involved in a crisis and that it then becomes evident that all of them, with few exceptions, have exported and imported too much, so that they all have an unfavourable balance of payments. …
“It follows from the above that commodity-capital, during crises and during periods of business depression in general, loses to a large extent its capacity to represent potential money-capital. The same is true of fictitious capital, interest-bearing paper, in so far as it circulates on the stock exchange as money-capital. Its price falls with rising interest. It falls, furthermore, as a result of the general shortage of credit, which compels its owners to dump it in large quantities on the market in order to secure money. It falls, finally, in the case of stocks, partly as a result of the decrease in revenues for which it constitutes drafts and partly as a result of the spurious character of the enterprises which it often enough represents. This fictitious money-capital is enormously reduced in times of crisis, and with it the ability of its owners to borrow money on it on the market. However, the reduction of the money equivalents of these securities on the stock exchange list has nothing to do with the actual capital which they represent, but very much indeed with the solvency of their owners.“
But don’t forget Marx is verboten!
In practice, similar observations have to be filtered through inferior commentators who may not even be aware of that Marx already described the causes and effects of a ‘Credit Crunch’ in detail.
“I like this guy. He is funny and smart.
A lot like Bill Maher.”
Max is much funnier than Bill Maher. B.M. would never dare offend his media masters again. He’s a buffoon who props up the two party one party system, by steering dialogue into the retarded political discourse of right vs. left. When it should be more like Max spells it out: Plutocrats in a master/servant relationship with the rest of us.
@Max and Stacy
You are the best! However, I was worried about that bloodsucking vampire squid lurking behind Max and reaching it’s tentacles over toward Stacy. Careful!
If your web designer doesn’t know about the bloodsucking vampire squid on Broad St. then this is proof of our collective subconscious.
Max and Stacy–as you state, the large home builders get to use losses to off set profits back to 2004. The home builders are 1. bankrupt, and/or 2. heavily indebted to Banks. so the bankruptcy trustee gets the tax refunds and pays off creditors–the BANKS. bend over again taxpayer.
@Stacy, What a relief to see you’re still in 4-D.
@Y’all
cheers… that is what you call service… Y’all.
Odd thing broadcasters, you have:
Truth about Markets, NZ
Truth about Markets, UK — no name change
Keiser Report, RT
On The Edge with MK, PressTV — name change
The Radio broadcasters don’t mind the use of the same name, but the TV broadcasters do.
@Max .. nice that you mentioned Mrs. Born
Frontline: The Warning (full episode)
http://www.ritholtz.com/blog/2009/10/frontline-the-warning/
The King Report: Brooksley Born vs Summers, Greenspan & Rubin
http://www.ritholtz.com/blog/2009/11/the-king-report-brooksley-born-vs-summers-greenspan-rubin/
Why you don’t have a similar report running on “The Voice of Russia” the descendant of “Radio Moscow” is beyond me.
The USSR won the transmission war with the West, as I can remember when Radio Yerivan boomed in to Vancouver, BC back in the early 1990s.
In spite of shedding an entire arghepeligo of jamming transmitter station (RM leased from the Ministry of Communications for SW service, LW and MW had similar arrangements in the Soviet Era) … and in spite of shutting down a few redundant and out of date SW relay stations … Russia still has the edge against the West as a whole in Radio Transmission facilities.
Should the geosync satilites be wiped out in a solar storm, Russia will not be affected. The US, UK, Germany, Netherlands, Japan … will.
Thank you for your work.
If it wasn’t for you guys I’d still be in MSM land.
Great show ..well done !
Ironically, we have to watch Russian TV Today for the real news.
Really ironic !
@Max, Good, thought-provoking concluding comments on modern debt slavery. Reminds of an article by Ellen Brown from last year.
“Although European financiers were in favor of an American Civil War that would return the United States to its colonial status, they admitted privately that they were not necessarily interested in preserving slavery. They preferred “the European plan”: capital could exploit labor by controlling the money supply, while letting the laborers feed themselves.”
http://www.globalresearch.ca/index.php?context=va&aid=8349
Well, it’s nice to see the lovely Stacy back on the program, dressing freely, and not having to worry about complying with Sharia Law dress code.
@Y’all
good show…. great to see the two of you back in action…. always much better chemistry with Stacy on board!!!
Great show!
Good, show nice to see stacy acting: a vivid sparkling way to bring the bad news!
i want to by 1000 shares of TAL….
@stacy…*point*, *wink*..how u doin?
good stuff.. thanks
Has anyone mentioned this:
http://www.guardian.co.uk/business/2009/nov/19/cazenove-jp-morgan-buyout#start-of-comments
Is $6,300 fair value for gold?
The last parabolic spike in gold took off when central banks joined the fray in the 1970s, hoarding bullion with the same enthusiasm as gold bugs.
Dylan Grice from Société Générale says it smells much the same today.
He sees an eery similarity between the decision of India’s central bank to buy half the IMF’s entire sale of gold, and the move by France’s central bank to start converting dollars into gold in 1965 — which was, of course, the start of the slippery slope leading to the collapse of Bretton Woods and the closure of the US gold window under Nixon.
In the gold mania that followed, the price rose to levels that matched the US dollar monetary base (it reached 140pc at the peak). If that were to occur today after Ben Bernanke’s go at the printing press, gold would have to reach $6,300 an ounce. The US owns 263m ounces of gold while the Fed’s monetary base is $1.7 trillion. Simple equation.
Gold has had its ups and downs, of course. It is trading today at roughly the same real price as in the mid-13th Century — when an ounce bought a light suit of chain mail.
It doubled in the late Medieval bubble, before crashing 90pc over the next 500 years after the Spanish gold discoveries by Cortes and Pizarro in the New World, and then the finds in California, Australia, and South Africa — bottoming around 1930.
“Gold isn’t intrinsically safer than any other asset. There is nothing mystical about it either,” said Mr Grice.
However, precisely because gold is almost useless, it makes the perfect currency, and that is the role it is playing right now as flight from fiat paper leads to fresh records each day ($1150 yesterday).
Almost all western governments are insolvent. The total net liabilities of the US and France are both over 500pc of GDP. The UK and Germany are over 400pc.
We are bust. To make matters worse — says Mr Grice — central bank credibility has been “permanently ruptured” by their collective failure to see the 2008 crash coming. (He is too polite: they caused the crisis by holding real rates too low for a decade, creating a debt bubble).
Given that central bankers have been exposed as mortals/charlatans (ie pretending to command an exact science, when economics is merely a descriptive branch of anthropology), who can have much faith that they will manage the exit from emergency stimulus with skill?
Markets fear that central bankers will try to satisfy political masters by inflating away our debt. (Here too, I have my doubts: my concern is that they do not yet understand the deflationary dynamic underway, and will stay too tight, for too long, until we are in the Japanese abyss. Look at the 7pc annualized contraction of the M3 money supply {not the same thing as the monetary base, at all} in the US over the last three months, which Bernanke refuses to look at because he regards M3 as a barbarous Friedmanite relic.)
Mr Grice’s method is an odd way to calculate fair value of gold, but as good as any in a mania — and certainly no worse than ARPU ratios and “market cap to clicks” in the dotcom bubble. So perhaps gold is cheap.
Personally, I take no view on this. As a contrarian, I never like an asset that is in fashion. I loved gold at $252 eight years ago. The higher it goes, the less I love it.
Now, what asset today is as underpriced relative to the rest of the market as gold was in the depths of bear market in 2001?
The Harare stock exchange looks a good place to start.
Any other thoughts?
Yep, its all a fraud..
Nuclear fuel will run out in 2013 according to an expert analysis..
http://www.technologyreview.com/blog/arxiv/24414/
@Stacy
You look a bit ravaged hairwise, must be more critical from watching all those prefectly groomed Fox anchors..
Rep. Shadegg Suggests Mayor Bloomberg’s Daughter Will Be “Kidnapped” By A Terrorist
http://www.youtube.com/watch?v=fzLTs7lFY1c
The US and North Korea……I dont see the difference.
@Mother Earth – and there I was thinking that I looked a bit too coiffed . . . all relative I guess!
@Stacy
Don’t fret, camera’s are mercyless, but its a blessing to have you in the frame anytime
@ Phil – I share the same sentiment. Real news on Russia Today…how surreal
@ Stacy – Another day, another segment, and no “honey”. I think the only way you’ll say the word is if we agree to a drinking game of sorts.
@motherearth
uranium mining is only a very small part of the cost of production in the nuclear industry
Even if the cost of uranium production is doubled it would not effect the cost base substantially.
The nuclear industry -
is a capital intensive industry where most of the money goes into infrastructure investment
As we all know very little money has been invested in the wests capital since 1971
This may now change soon.
@stacyherbert,
http://russiatoday.com/On_Air.html
I see you’ve been re-united with Max on screen.
I think it’s a much better formula, and closer to the original TAM radio format.
@Mr Dork
So are you saying it will work or it won’t..I personaly don’t get the appeal of nuclear power because it doesn’t really deliver on its promises (cheap energy), and now it’s even clear it simply can’t..
We must get rid of money skewing arguments..
@Max: good presentation and a good well rounded guest ( of course, you too Sherbert !!! )..But one has to wonder why more is not made of just two of the fraudulent incidents that have been reported by the MSM recently: 1) the $137.5 b and the $100 b in bonds that was walking across the Italian landscape and confiscated; and the “tungsten” tonnage replacing pure gold bullion as filler…just those two reports besides the activities of all the manipulation caused by PPT and the massive derivative and CDS paper fraud )…should make the general public have the hair on the back of their neck rise up!!!!!!!! Sound money must sound like a fairy tale….yet that is what we on this forum ( IMHO) believe in …some how…some day….where are the regulators???and the investigative journalists?? Oh Ralph…”only the super wealthy can save us now”…Nader…RISE UP!!! Is information really that unimportant….we demonstrated in the 60′s against the Viet Nam War…and Civil Rights…and for the gals Female Rights….Today Thom Hartman also from that era has an opportunity to find his voice…Give it to him Max…
@juman
I wouldn’t scoff Sharia dress codes or anything else ‘sharia’ just yet. Didn’t you hear Max say that GE is selling Islamic bonds? Interest free banking was considered an impossibity as a business model just a few years ago…
Check out Ellen Brown’s article theorizing that the threat against Iran may be due it’s usury free alternative banking model, concluding that ‘dominoes that won’t fall int the debt trap must be pushed’
http://www.webofdebt.com/articles/war-with-iran.php
so whats it gonna take to light a fire under the couch potatoes of america?
who will fire the first shot !!!!
Max and Stacy… That was Great
I was just sitting down to have some lunch, changed the channel to Al Jazeera, was boring so I switched to Russia Today and I see Max’s face on the TV. What a pleasant suprise.
Was an awesome episode and I dragged some of my colleages to watch. They all thought Max had a few screws lose.
Shows how much they know!
Keep up the good work!
China has a strange attitude according to http://tinyurl.com/yfc6g4m
According to Wei Benhua, former deputy head of the Chinese state administration of foreign exchange (SAFE), in an interview by the Chinese business magazine Caijing: “At present we should not buy. Instead we should wait for the IMF to sell gold next time, when the price of gold drops to a relatively low level, say, about $800 per ounce.”
Did the US agree to sell its nucear stockpile in return for China collusion in the gold supression scheme?
@Motherearth
Yes it wil work-
The wall street moneterists did not invest in nuclear power because there capital would be tied down for 20 years or more before they could make a profit.
speculators do not like such investments because they would have to invest for the long term – and that is just not in in their DNA
You just have to look at German utilties that are desperate to keep nuclear power stations open so that they can extact profit
from stations that could last another 20 years
These utilties exhibit the same properties as bank utilties where the people put in capital while coperations extract profit.
with the global population reaching seven billion I fail to see how windmills or other diffuse energy renewables could be a successfull investment – indeed this would accelerate the fall to a medival/feudal society that our overlords are trying to engineer
Let us embrace high technology heavy industry that had such promise before 1968
lets do things not because they are easy but because they are hard
@Youri …. Instead we should wait for the IMF to sell gold next time, when the price of gold drops to a relatively low level, say, about $800 per ounce.”
Watch what they do , not what they say.
If I was China, that is exactly what I would say if I was trying to load up on physical Gold bigtime !
Whether it’s via a stronger US$ or a real price drop, doesn’t matter !
@Mr Dork
“lets do things not because they are easy but because they are hard”
Ok, lets all work on the land with our bare hands and to make it harder for you please send me all your money ( donate http://www.sunreign.com ).
Nuclear is a waste of money and energy, and now it is clear it has no future.
@motherearth
The ideas that came from Rachel Carson “Silent Spring” while noble are flawed
This rejection of high technology will improvise us all and lead us down a intellectual cul de sac
We need to take the best from both schools of taught and build on them.
We’ve gone from Bonnie & Clyde…to Laurel & Hardy…I approve. It is what it is.
@Mr Dork
Who is rejecting high technology? Being highly intellectual does not butter your bread. What does is cheap and easy solutions to common questions. Ever heard of the concrete maffia and energy mob. They exist and are ripping you off as you write your post.
can we get your awesome video in like a podcast thingie?
Ed Balls says Sats could go by 2012
Schools secretary accepts headteachers’ proposal for greater emphasis to be placed on teacher assessment
http://www.guardian.co.uk/education/2009/nov/19/sats-could-go-by-2012-balls
More dumbing down IMO .
I’m beginning to understand how my nephew got 10 grade “A”s in his exams.
Can they be sure that teachers will judge their pupils without bias ?
The old grammer/secondary school system of the 50/60s was far superior IMO. There was discipline in the classes and pupils were not mollycoddled.
DUDE AWESOME
Ya know the public broadcast system in the US converted to digital most carry RT.
Anyway both of ya looked great
Mike
A LITTLE KNOWN BASEBALL FACT:
The first testicular guard (Cup) was used in baseball in 1874 and the first helmet was used in 1934.
It took 60 years for men to realize that the brain is also important
Whenever you get a power vaccum the mafia fill that space and they will be probably allways be with us
Vibrant republican countrys are the only entitys that can police such activities but the world will never be perfect for allas we are all flawed
As for the technologys I would suggest the capital costs are even higher then nuclear because you have to install multiple redundent systems to provide contant power and I fear that is not a viable solution
We must think of money as a token of energy yet to be used – moneterism and Keynesianism failed to see this but parhaps the Austrian school had at least basic understanding of this.
of-topic – sorry
on global carbon offset scam, here is open source funding community – that is only jquerry, apache & postgreSQL… I belive list will continue to populate.
Bad Code Offsets
http://thedailywtf.com/Articles/Introducing-Bad-Code-Offsets.aspx
“When I tell people that, they often scoff and offer replies like “so you’re not a programmer then?” and “let me guess, you’re a coding deity or something?” Well let me say, I am a programmer and I am not Codethulu, but in the same manner that Al Gore can fly around the world in a private jet without polluting, I have negated my bad code footprint through the purchase of Bad Code Offsets.”
@s.herbert
Maan… I thought you looked great…. and I did notice your hair which also really suited you and looke fab!!!
“Benjamin Franklin and others maintained that the chief reason for the American Revolution was that Parliament forbade the colonies from issuing their own money. Paper money issued by the Revolutionary government got the colonists through the Revolutionary War, but the British heavily counterfeited this money as a deliberate war tactic, and by the end of the war it had been inflated so much that it was nearly worthless. Fear of inflation led the Continental Congress to completely omit paper money from the Constitution, which does not say who can issue paper money or under what circumstances. The private banks filled the breach, and by 1913 the United States had the same private central banking system that England had.”
Did you read this, ManFromGlad? The US Constitution was not written by the Continental Congress:
http://wiki.answers.com/Q/Who_wrote_the_US_Constitution
Who approved the US Constitution?
http://www.loc.gov/rr/program/bib/ourdocs/Constitution.html
http://en.wikipedia.org/wiki/Philadelphia_Convention
What was the Constitutional Congress?
http://en.wikipedia.org/wiki/Continental_Congress
What does the US Constitution have to say about who should have the power to create coin?
Section 8. The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States;
To borrow money on the credit of the United States;
To regulate commerce with foreign nations, and among the several states, and with the Indian tribes;
To establish a uniform rule of naturalization, and uniform laws on the subject of bankruptcies throughout the United States;
To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;”
The Congress is the legislative body that is designated by the US Constitution to coin money: the Constitution was approved by the Philadelphia Convention.
Bob Chapman wants to disregard Article 8 and give the power to coin money to the Treasury (aka IMF). He is a globalist. Anyone that disregards Article 8 does not support the sovereign interests of the US. If we ‘end the Fed’ and deliver the power to coin to the Treasury, then we end the US permanently.
What is Ellen Brown’s opinion on this issue?
“Fear of inflation led the Continental Congress to completely omit paper money from the Constitution, which does not say who can issue paper money or under what circumstances.”
That is an interesting sentence. The Constitution is silent about paper money, yes, but not silent about coin.
@motherearth
sorry about the spelling mistakes but I hope to improvise before I am impoverished
@Super,……Brown nose!! : )
@Dork
Get on the green power bandwagon and you’ll be all right..
@snoot
FYI Constitution was to prevent paper money, only gold and silver where to be legal tender. The state of Massachusetts however had to resort to promissary notes to stave of a revolt of its army, thereby reintroducing paper currency. It promised it would be a one time thing, but it generated so much purchasing power for the state that it caught on and spread.
http://www.coins.nd.edu/ColCurrency/CurrencyText/MA-1690-1750.html
@snoot
I think the link is incurrect..Mass create 30,000 usd in siver promisarry notes after they became independent to stave of a revolt of its army that had not been able to pillage Canada as they used to do each winter..
@Francessnoot
Yes deficit spending is a neccessary part of war
The winner can then claim the capital of its foe and receive interest income for its efforts.
“The US and North Korea……I dont see the difference.”
@DanValley:
One could say that about any puppet government set up by the bankers in proxy. Do you think the US is more totalitarian than the UK? I think the UK sets the trends for our Homeland Security. What is frightening is the left press opening their beds to the Homeland Security recently. Well, that’s all part of the government the left longs to install!
I think the US has better patriotic music:
http://www.youtube.com/watch?v=fVxSMsLTj2M
http://www.youtube.com/watch?v=fVxSMsLTj2M
@Y’all
cops tazer 10 year old girl who refused to take shower!!!
http://www.youtube.com/watch?v=ZawqYJOlr78
Sh*T:
HERE’s North Korea:
http://www.youtube.com/watch?v=bk8A4RUg4x8
US Postal Service ends Alaska letters to Santa effort
http://www.cbc.ca/world/story/2009/11/19/us-postal-letters-santa.html
Thousands of starry-eyed children all over the world are writing letters to the jolly man at the North Pole this holiday season, but they will not likely get a response from Santa Claus or his helpers.
The U.S. Postal Service is dropping a popular effort begun in 1954 in the small Alaska town of North Pole, where volunteers open and respond to thousands of letters addressed to Santa each year. Replies come with North Pole postmarks.
[...]
@MotherEarth:
That is what my post indicated, MotherEarth.
If I were you, I’d watch out for this:
http://en.wikipedia.org/wiki/Fundamentalism
Shit,..Here’s Johnny !!
http://www.youtube.com/watch?v=D7JB68sLGY8&feature=related
Options manipulation .
AMD was ca. 7.50$ yesterday !
Option MaxPain for tomorow is 6$.
Just guessing that AMD’s stock price will be between 6.00 and 6.50 tomorrow afternoon.
It is one of the most highly manipulated stocks and often meets it’s Options MaxPain on expirey – tomorrow !
Frances….Wikipedia….as the Bible. Please…..and I thought you considered yourself well-read & literate.
Your notions about the Continental Congress & the Constitution “process” require much refinement…past Wikipedia; I suggest.
Please see Forrest McDonald, Robert Shalhope, Woody Houlton, Terry Bouton for starters.
The Founders loved Paper & so did even one else. The Founders bought up the Continentals(Shay’s & Whiskey Rebellion) for pennies & were “refurbished” at 100% in SPECIE; paid out of import tariffs. (Abigail Adams, the biggest holder)….that, together with protecting Morris’s Bank of North America(10th Amend) had more to do with that “pretentious” land charter document of incorporation than anything. Consult the Yazoo Matter; if you doubt me.
Frances…you are autistic; like everyone else. That is; you have read everything(ha-ha) & understood nothing.
Think Bolingbroke & Walpole and you stand a chance of gettin’ it…..everything follows from there.
The US was ALWAYS Goldman Sachs & Sullivan & Cromwell…that’s the POINT.
With all instances of “chosen people”; one is compelled to ask….”chosen for what, exactly?”
Idiot savants, ABOUND.
watching tiny tim on the television -
my God Americans are so polite to each other
they should be dragging him over burning coals.
Once Again. The STATE exists for one reason & one reason ONLY….to issue & collect DEBT. Everything else is “designed” to attend to this SINGLE PURPOSE>>>>>PERIOD!!
The Who – Won’t Get Fooled Again
http://www.youtube.com/watch?v=zydAs5bRW1U
If awards weren’t as rigged as the markets; you should be nominated for pulitzer, emmy, golden globe and ofcourse nobel prize for economics. Yet seen all previous winners i don’t know whether it is an recognition/compliment. The point i wanted to make that this is another great informative show, funny analogies; keep up the great work!
@jim,…..yeah we know!,..but it’s good to talk : )
hold on congressman Brady wants tiny tim to resign
timmy is beginning to whine……..
@d3do
Cheers for that….’Black or blonde nappy or fair, you can’t judge nobody by their hair’
Larry Graham – Hair
http://www.youtube.com/watch?v=6YO4rC3ZB7g
O crap brown nose Hinchey is giving timmy a ass wipe…
I have complete faith in the democratic institutions of the USA
to do…….. nothing
Only 23 minutes – 3 seconds and damn I feel informed! Nice going Max.
The two of you guys are my favorite financial doom and gloom couple. My favorite and most entertaining end of the world religious couple are Jack and Rexella Van Impe. Max Keiser you are the Jack Van Impe of finance. Keep up the great work. And don’t let Stacy go the way of Rexella.
Could we be moving from Financial terrorism to Pharmaceutical terrorism?
Microbiologist nabbed by FBI after warning vaccine bioweapon
Joseph Moshe whistle-blower on Baxter releasing outbreak (mutated H1N1 flu?) in Ukraine!
http://www.youtube.com/watch?v=dzQBiiwo … r_embedded
JOSEPH MOSHE GETS SILENCED TRYING TO EXPOSE OBAMA & BAXTER FOR RELEASING BIO WEAPON!!
http://www.youtube.com/watch?v=WRjY_x08 … r_embedded
Watch the actual videos as he is surrounded, gassed, and tasered. Joseph Moshe is a microbiologist who had called a radio station, and stated that the H1NI vaccine is actually a bio-weapon, and is the DEPLOYMENT OF A PLAGUE. The official propaganda line is that he had threatened the President, although there is no evidence that this is true.
UPDATE:
At first we were told that he had been deported to Israel, but he never arrived in Israel. Then we were told that he had been locked up at the Patton state mental hospital in San Bernadino, CA. A call to that facility (909) 425-7543 will obtain a claim that they do not have him. We called the Twin Towers Correctional Facialty in Los Angeles at 213 473-6080, and reached an employee who admitted that Joseph Moshe has been held there since 8-13-2009. He is charged with “violating a court order”. He has a Court Date on 01/25/2010 at Los Angeles Municipal Court (DIV 141) located at 11701 S. La Cienega Blvd. Los Angeles, CA
We might ask for an accounting of all drugs, or vaccines, that he has been forced to take.
All of Moshe’s documents have been confiscated. Where are they now?
The Los Angeles Inmate information web site is at:
http://app4.lasd.org/iic/ajis_search.cfm
Enter this data for the search: Joseph Moshe DOB 12/05/1952
According to the Los Angeles Sheriff Department website, Moshe is charged with a misdemeanor. Yet the media is claiming that he had threatened the President. No such charge has been made.
Gee, have we got this story right? When a misdemeanor suspect is apprehended is it normal to disable his car with a magnetic pulse, then to use tanks, robots, massive amounts of gas, a taser, and a virtual army of Secret Service and FBI? Of course, when these sorts of things are done, is it not customary to come up with something, with which to actually charge the suspect?
Do not misdemeanor suspects usually get out on bond, or on personal recognizance?
This event has been quite useful for flushing out the government shills. All you have to do is see who it is that parrots the “party line”. Look for the demonization “trigger words” like “nut case”, “conspiracy theorist”, or terrorist.
Today, the MSM are not talking about this case any more. Yesterday, they wanted us to believe that Joseph Moshe was a nutcase and a terrorist, arrested for threatening to bomb the White House. Interesting detail about his arrest (the “Westwood standoff”) was that he seemed to be immune to the 5 cans of tear gas and 5 gallons of law-enforcement grade pepper spray they pumped into his face. He very calmly remained in his car, as the video footage of his arrest shows.
@Jim:
I linked Wiki answers because it had a good easy take on the issue. Are you an intellectual snob, Jim? Everyone in the US who took tenth grade civics knows these things. No one at this point knows anything about the men who wrote the Constitution or the ones who signed it. The Wiki link was as good as Cambridge on that. It was a basis for the question I had about who gets to control the public currency. That being the crux belies reference.
You are being a snob. All sources are inherently suspect. The reason some are considered ‘truth’ is that the state agrees with the perspective. The only link that made a real difference was the link to the US Constitution: the document which Obama swore (well maybe…) to uphold as so do the other politicos.
Why your assumption that the Bible is anymore vital or true that Wiki? Or was that a rhetorical question, Jim?
A notion seems to refer to magic. I have no personal notions about the Constitution: it does state that Congress is delegated with the responsibility to coin. The whole movement at the End The Fed is is reference to that provision. The problem is that the movement is being coopted by the forces which wish to retain control over the power of the currency: the ones that always had the power.
My notion is that it would be nice to end the master’s rule.
@Flu-ers
If you’ve been freaking out a bit recently, this article provides some hope. Let’s hope the genie hasn’t gotten too far out of the bottle.
http://theflucase.com/index.php?option=com_content&view=article&id=1877%3Amajor-victory-with-swine-flu-scandal-reports-dr-mercola&catid=1%3Alatest-news&Itemid=64&lang=en.
always liked that rexella
“The US was ALWAYS Goldman Sachs & Sullivan & Cromwell…that’s the POINT.”
Yes, Jim. But now the point is are we going to deliver the power to coin to the IMF?
There comes a time when the wise ones won’t need to lie to us anymore. That will be when we have delivered our children and our land over to their vestiges without a fight. The legal basis for governance in the US is still British Common Law based on the Constitution. If this be an illusion: then our freedom is an illusion.
Jim, you are quite dismissive of everyone except yourself.
@d3do
Hello Dedo, come and play with us forever and ever!!!
http://www.youtube.com/watch?v=rt15HCq4htw
Denninger – They are now calling for a FULL CONGRESSIONAL REVIEW of THE ENTIRE FEDERAL RESERVE SYSTEM, including A FULL PUBLIC AUDIT.
http://market-ticker.denninger.net/archives/1645-Oh-Oh-Here-Comes-Cummings-Fed-Audit.html
@Dedo
Secrets of The Shining: Or How Faking the Moon Landings Nearly
Cost Stanley Kubrick his Marriage and his Life. http://www.jayweidner.com/ShiningSecrets.html
Enjoyed the content, but the background is way to busy. I fealt like I was getting hypnotized by the snake in the jungle book. Distracting.
@glenn
Great research.
Have you seen this article? http://www.zerohedge.com/article/deadly-flu-spreads-across-ukraine
It’s written by a guy who usually writes about the same kind of financial madness that Max covers. He’s also a virologist.
Highly recommended.
(apologies for re-posting if you’ve already read it).
@End the Fed, etc.
Another way of looking at the “problem” in the US is cultural – the social engineering which has been effected by laws over the past century has been so successful in changing the values of people that the US doesn’t even faintly resemble the individualist culture which used to be so prevalent; indeed, one can easily see the current mentality of US citizens a hive-mind. This is especially true in monetary matters, where people who would complain bitterly about a change to the metric system accept a rubber ruler (i. e. the USD) as completely normal.
This situation cannot be changed very quickly. It probably requires that people experience reality for a while (e. g. hunger, homelessness, etc.) so that they are motivated to think for themselves and make rational decisions, instead of decisions which come from being hypnotised in front of a TV set.
This rules out meaningful change via political means, as the majority of people in the US are no longer self-educating, and will not figure these things out for themselves. Just think, if there were a group of people who espoused diverse values similar to the founders of the US, they would likely be vilified and sent off to Gitmo or a CIA rendition center. And no one would care, because they would think of them as radicals! Cf. the mainstream attitude towards Ron Paul, who at least makes some effort to abide by US constitutional principles.
I think we’re much more likely to see a slow-motion collapse of the US government over time, as it either devalues the USD or simply defaults.
Congrats guys
Denninger – They are now calling for a FULL CONGRESSIONAL REVIEW of THE ENTIRE FEDERAL RESERVE SYSTEM, including A FULL PUBLIC AUDIT.
Gee. What a surprise.
Who are they?
If you answer correctly and stop the forces you get to advance to the next round.
beep
conduit connection lost: voice over and out.
Frances…if you think the “congress” is the answer to “monetary ” issues…you really don’t get it>>>>History that is.
You, like so many others assign “legitimacy” to the Constitution…I’m dumb-FOUNDED.
Please see…J. Allen Smith’s “The Spirit of American Government”, 1904.
Your spin on the Bible is more “cute” & e-motional….rendering you once again as an un-reformable LITERALIST(BASE MATERIALIST//NATURALIST) very un-becoming for a self-professed METAPHOR TYPE…like, your-self.
10TH GRADE CIVICS…now that’s rich…..Remember dear girl the Constitution was done in TOTAL SECRECY….and its notes(MADISON) were not made public for 40 yrs(they don’t tell you that in the 10th grade or any other)
BTW…Governeur Morris wrote the Constitution…and Madison wrote the Bill of Rights…read up on both & tell us about all your “good-feeling” & commitments to the “rule of LAW”.
Frances, you been HAD….as intended….MISSION ACCOMPLISHED.
Finally, a good friend of Jefferson wanted to write the History of the Revolution…Jefferson DENIED him any access to the “records”…..Jefferson didn’t believe it was a good idea to inform the American people of their Past or Present any time soon(sound familiar?)….these are the “men” of your “congress”…
Frances it is not an abused system…It is an abusive System.
(sorry about the writing in that post – I accidentally hit ‘submit’ before proofing, and there’s no preview button…
)
U.K. Royal Mint Quadruples Production of Gold Coins http://tinyurl.com/yh4c253
@Youri,…..Re: The Shining,..Interesting story !
@youri
don’t believe him, he knows you are posting that link for the second time and you are the most repetitive poster on this site…. he’s just winding you up so you discredit yourself more than you already have!!!
Frances…the IMF???…now, tell me who is the IMF???/…is it any different than all the rest???
America remains a colony…..and its people remain Indentured Servants…as always, as intended….most like it that way….luxuriating slaves: how absolutely MODERN.
It is you Frances who carry such inflated views: dismissing,discharging, obscuring VERY NAKED REALITY… profoundly dangerous to overall well-being.
In school-yard terms…get your sorry head out of your crying arse.
Jefferson & all the others thought they were Anglo-Saxons(teutons)…never comprehending that the Normans(William the Conqueror) has annihilated EVERYTHING Angl0-Saxon.
The Brits are poorly Romanized Scandinavian Pagans. British Philosophy from Eirugena to Russell is merely base HEDONICS….a degenerate form of Stoicism…which is a degenerate, debased Epicureanism.
As goes the metaphysics…so goes the rest.
King World on the SLV ETFs
….says they can’t deliver the required silver on the Comex.
http://www.kingworldnews.com/kingworldnews/Broadcast_Gold+/Entries/2009/11/13_Ted_Butler_on_the_Metals_Market_files/Metals%20Wrap%20Ted%20Butler%2011%3A13%3A2009.mp3
@d3do
Youri only posted that comment a second time to expose the fact that you don’t read the comments much… don’t fall for it you are better than that!!!
this relates to the NEW ZEALAND RADIO SHOW:
[NZ] Gvernment at war with its own Treasury
http://blog.greens.org.nz/2009/11/18/a-government-at-war-with-its-own-treasury/
The PM of NZ said:
The numbers from Treasury are nonsense. Treasury can’t tell us what the deficit is going to be in December let alone what’s happening in 2030 or 2040.
Dr.Berninger – Strategies for the Crisis I – and Seminar announcement
http://www.youtube.com/watch?v=ayoTVhTRShE&feature=sub
World Gold Council Provides Third Quarter Update Of Gold Demand Trends http://tinyurl.com/yhbjo6u
@Super,…..Aww,..don’t make me read ALL the comments,.pleathz,..they’re sooo boring, yaaawn ,zzz
http://www.youtube.com/watch?v=SnwEfw80rkE
Iran is advancing on dual nuclear bomb track: uranium plus plutonium
DEBKAfile Special Report
November 19, 2009, 4:29 PM (GMT+02:00)
DEBKAfile’s military sources report that the UN inspectors’ October visit to Iran turned up dual-track progress in support of its nuclear weapons program: Feverish activity was registered in the production of plutonium at Isfahan as an alternative to the Fordo enriched uranium plant near Qom which starts up in 2011.
The IAEA experts discovered 30 metric tons-IS of heavy water hidden in 600 tanks, each holding 13 gallons, according to the report they handed in last week to agency headquarters in Vienna.
From the shape of the tanks and other indications, the experts concluded that this stock had not come from the heavy water plant at Arak but was imported.
…
…
http://www2.debka.com/headline.php?hid=6381
The Partnership Between Wall Street and the Government Will Continue Until the System Collapses
http://jessescrossroadscafe.blogspot.com/2009/11/failure-to-regulate-will-continue-until.html
- June 1934 issue of Popular Mechanics
http://blog.modernmechanix.com/2008/08/31/gold-from-the-sea/
BTW Did-U-Know that each cubic mile of seawater contains about 760,000 oz. of gold?
http://books.google.com/books?id=328WAAAAYAAJ&pg=PA392&lpg=PA392&dq=gold+cubic+mile+seawater&source=bl&ots=MIq_qLgnNV&sig=XMmKP0CpcuDXWGzTHG9-hxdOYQ4&hl=en&ei=D3cFS7LKKoKHnQejmYS5Cw&sa=X&oi=book_result&ct=result&resnum=2&ved=0CAwQ6AEwATgK#v=onepage&q=&f=false
“…No practical way, however, has as yet been devised for its [gold's] extraction, although frequently attempted.”
@Supergeek
I posted it also (again) cause I like it when subejcts ” fit together ” so to speak. This added info to the other link.
The world may have been slow to the value of a boycott in the quest for justice, but at least the ‘penny is beginning to drop’.
Irish footie supporters consider mass Gillette boycott!
http://www.timesonline.co.uk/tol/sport/football/article6923181.ece
@Phil
Willem Middelkoop (Dutch Financial Guru, Journalist – Gold seller) stated in an interview that systems never change from within but first have to collapse to start a new system all over again.
So, his statement goes along Jesses Cafe lines.
@MAX, STACY
Great Show! ….Max is Irreverent as usual…..LOVE it.
lose the BAD background….what? are you in a psychedelic 70′s show?
Stacy….you’re lookin’ …Haaawt !
@Youri Carma … Collapse first .. Agree !
I think we all agree that a collapse of this criminal game is the best thing that can happen to the planet.
The hope is that the crooks that are upholding this system go down with it…. e.g. the politicians get removed.
If that doesn’t happen … more of the same – different name !
( @frances Q to remind us of SDRs )
Love ya Max! You’ve opened my eyes!
Can someone answer this question for me please:
Are we in a inflationary or deflationary environment at the moment and what does that mean for gold prices?
Too nice to believe, auditing the fed, phil!
anyone else able to listen to thom hartmann live? i have tried three browsers, itunes and silverlight . . .
finally got it to work on itunes
@stacyherbert
I just opened the MP3 stream in Winamp
(Get rid of the Mac Smack ware – one click – you not a child anymore)
@youri
yeah then try making more effort to find something else that fits todether… rather than the same old same old… lifes too short… and some people will get bored…. though not as easily as dedo!!!
Stella! Where you AT?
Pa! I’m a’bathin Bouteeful out here’n back the collards. What you’be a’wantin?
Stella, I’m so cussed happy I could hoot-n-holler here’to Sunday. We’z gonna have a FED owdit.
A what, Pa?
What ya got cotton wadded up in’yer ears fur? I said an owdit. Them rascal bankers gonna have to show the world what is on them books at the Federal Reserve! Gold’ll be worth a fort-yoon! I’m glad we hung onto them teeth of Grannie’s!
But, Pa! What about the dollar? Ain’t it gonna be a problem if that’un bank goes bust up?
Not to worry, Peanut. We can buy a horse with the money we’ll be gettin from them teeth. You won’t be a’needin that ole muledonkey no more.
Looks to me, Pa, like you’z a’countin your chickens before they even gotz wings! I’ll just be thankful for whut I got now, seein yur ideedee ain’t nothin but cross-eyed. If I wanna see cross-eyed, I got Bounty’s face to look at: this here’n mule might be an eyesore, but she got more in her head than most folk.
Well. Suit yerself, Steller. Spect that from a wuman.
Fed officials play down impact of weak dollar
…HONG KONG/SINGAPORE (Reuters) – Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, underscoring that deflation is still a threat, especially with commercial real estate prices falling.
Dallas Fed President Richard Fisher said in an interview with Market News International that the weakening dollar, which hit a 15-month low against major currencies on Monday, is only one of the factors the Fed watches when setting policy.
“You pay attention to this,” Fisher said in reply to a question about the effects of a weaker dollar.
…
…
http://www.reuters.com/article/topNews/idUSTRE5AI1HH20091119
Is max on right now?
@Danny – yes, there is a break on at the moment
Frances…a book that may help clear some of the fog….is David Noble’s “The Religion of Technology”…..all of his books are good. Noble was at the Smithsonian & MIT before being discharged for non-supportive views. He currently teaches history at York U, in Toronto.
He addresses “western metaphysics”….or the lack thereof. Barbarians & their electronic gizmos’….on their way back to Eden…yes, another “eternal return”…Scandinavian style.
@all – We need a name for ourselves! Something to identify the rabid fans of Max Keiser.
I propose THE KEISER KRAZIES
What do you think? Come up with some colorful alternatives.
@Jim:
Goodness. Are you sure I’m ready to graduate from Wikipedia?
Metaphysics, eh? Is that when numbers decide to dance about and disgorge truth at intervals, like in ray particle science?
@stacyherbert
Mayby try Winamp for Mac http://www.tucows.com/preview/206623
You have more options so now you can bookmark The Thom Hartmann Show and Alex Jones show for instance for easy re-listening. You also can put in your Podcasts with automatic download so you never miss a show.
@Frank:
You can count me out on that one.
@Super,…I think I must have ADHD or sumink,…but don’t push me, or,…
http://www.youtube.com/watch?v=ygQvB6OjHOU&NR=1
@snoot
You did not get my point..Of course the rejection was not to fight inflation, which could both benefit and hurt the whole population (inflation is not necessarily caused by governments or banks), but to fight the extraction of wealth (goods and services) on account of coercion and a printing ability. A bit like the US extracted wealth from the world lately.
The big danger is not fundamentalism, because it can be both good and bad. The bigger danger is relativism ( http://en.wikipedia.org/wiki/Relativism ) which is akin to nihilism, which is choosing to pretend you are actually dead and without influence in order to avoid having to contribute positively to the world.
But being a relativist juxtapoet you won’t ever come close to sensing the distinction I’m making. You may even get agitated because of my bigoted stance.
Max on the Thom Hartmann Show (About Obama changing his politics) “What Obama ‘sgonna have a brain transplant or somtin” ahhaahha! Good one!
Just GREAT!!!
Fantastic segment on Thom Hartmann. Thank you, Max!
Frank Esperanza – Keiserettes etc.
How ’bout Keiser Geysers? There’s enough spewing here to warrant such a moniker.
(inflation is not necessarily caused by governments or banks)
http://www.youtube.com/watch?v=X18lJpvIIR8
I agree completely.
Do you think the child is a Nihilist, ME? Is he a ‘danger’? Should we ‘educate’ him as to the possiblities of community and deference?
@snoot
It will take me 4 minutes so I’ll answer that question for $4.
Frances…think of metaphysics as the “unmeasurable”…like verbs: as opposed to nouns….once again; see Godel, Wittgenstein, Heisenburg.
Outstanding show!! Max, could you start a catch phrase around all this. Like “Where’s the Enforcement?” , “Enron Parte Deux”, etc.
There is a mega wet blanket on any mention of enforcement or criminal activity of any kind. The MSM would have us believe that all those Harvard educated MBA’s just made a mistake and misplaced a few $Trillion. Thanks again for your clarion call for serious investigations and introducing me to Schechter’s work..
TimmyG shows off his free-style squirming.
http://www.youtube.com/watch?v=ty_-Mf6QhpU&feature=player_embedded
“For the sake of our jobs, will you step down from your post?” Brady asked.
Okey Dokey. Mother Earth. I will concede if you can tell me you don’t believe this:
“Beauty is in the eye of the beholder.”
The link you gave (I would avoid Wikipedia, Jim insists it is for those that ignoramus waddlers) had that axiom listed as a trigger for ‘relativism’.
Remember: Climate Babes is riding on your answer. If you say Yes here’s your sell:
http://media.giantbomb.com/uploads/1/19731/1063825-tifa_super.jpg
If you say, no, you are stuck with her:
Anatomy of casino capitalism (Jane D’Arista unravels the web of banking confidence schemes)
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=4458
BlackRock says central banks to be net buyers of gold
http://www.reuters.com/article/businessNews/idUSTRE5AF0CP20091116
US treasury wants donations to pay off national debt Special (you can’t make this stuff up!)
http://digitaljournal.com/article/282247
Too fearful to publicise peak oil reality
http://www.guardian.co.uk/commentisfree/cif-green/2009/nov/10/peak-oil-fear-economic-establishment
Pro-Israel lobby group bankrolling Tories, film claims
http://www.guardian.co.uk/politics/2009/nov/16/pro-israel-lobby-conservatives-channel4-dispatches
http://media.ebaumsworld.com/picture/username101/PIC_really_ugly_face.jpg
Frances – also see Steve Martin:
“I’ve written a number of books…. Renegade Nuns on Wheels was a real turning point in my writing career. It was the first book in which I started using verbs.”
Auto supplier NTN Corp. knew its gasoline engine parts wouldn’t be needed in Nissan Motor Co.’s Leaf electric car. So the component maker’s engineers built a mock model to test a motor-and-brake system it developed for electric vehicles.
Electric Cars Push Japan Engine Parts Makers to Crisis Mode http://tinyurl.com/yjhej9t
@MotherEarth:
Keats
‘Beauty is truth, truth beauty,—that is all
Ye know on earth, and all ye need to know.’
http://www.bartleby.com/101/625.html
STATES are not Sovereign…..nor are Incorporations. Only PERSONS.
The Constitution protects the “land charter”…not the person.Especially, with the 14th Amendment…the Person becomes permanently INFERIOR. Lincoln “freed” some; in order to enslave ALL….the so-called then “freed” soon discovered they had much bigger problems than before.
You know what the “boyzs” did to the “native americans”….well, now you are the New “native americans”..quite consistent & logical….ahead to the PAST….just ask the Irish…they been dealing with it for 1000 yrs…all you good millennialists…pre & post.
The Declaration of Independence declares Corporate(National) Independence: not, personal independence.
@Jim:
All words are immeasurable. Your brain matter though seems to be within the realm of scientific measurement. Now, explain to me, oh metaphysical know-it-all, how the measurable grey matter in your brain produces imagination.
@Aridzonan – going viral –
I think if thousands of people each put up a short clip on YouTube burning a dollar bill it would Whip Inflation Now (in cyberspace, so we don’t have to whip it here). Think of it: Each of us would be doing her part to mop up the excess liquidity in the system, while providing a cool visual meme for humanoids to focus on worldwide. Maybe Stacy could organize a contest for the most original burning.
@Danny
have you recovered from the disappoinment last night.
I guess life is not fair.
My name suggestion for this group of rouser’s and dissidents would be what the Yankees called the enemy when the Germans fought under the Kaiser in the ‘Great War’.
‘The Hun’.
Max Keiser and his following, ‘the Hun’.
best,bb
Beauty Is Reality…Purpose…& Purpose ONLY!!
Frances lay off all that Dessicated Whoooey’”…it just displays your programming….more mental vaccinations.
The Greeks only understood form…nothing more. Form ain’t enough…don’t get the job done….inadequate, unsatisfying, unsuitable….there’s more to it.
Foreclosures hit record, to worsen http://tinyurl.com/ygmsjpt
@Frances,….When I looked into my fathers eyes, after he died, “he” was no longer there!
When we dream, is it our energy using the experience of body to replicate in a non physical
form. What I’m saying is,. is the energy real, and the body just one of many experiences?
Is that what jim means,…
Frances…like I’ve been tryin’ to tell ya’ from the start.
Reality======MYSTERY.
Mystery is not a riddle…or an enigma…or a puzzle. IT’S A GD MYSTERY….that’s what you know & that ALL you know. PERIOD.
All the rest is aesthetics…cheap posturing..
“Reality======MYSTERY.”
Yes,Jim, but we still need to get up in the morning. Some parts of the mystery are a real bummer like:
Stepping on chewing gum.
Blind dates with talkative women.
Eating a bowl of soup only to discover there is a fly in the last spoonful.
One tries to avoid these little unpleasant things by manipulating ‘real’ with ‘experience’. Outcome, of course, is never guaranteed.
Yes, Dedo. You are right.
We use words to get our way just like Supergeek said. But I don’t recall choking anyone with mine.
Now, I’ve known people who could use dreams and imagination to manipulate the real. But perhaps I only imagined they did.
Mystery is TRUTH, BEAUTY….EVERYTHING. The Norman can’t stand that…..we need ODIN!!
Pagans from the NORTH are the MOST SPIRITUALLY DISTURBED of ‘em ALL…..the effects of that other Semitic disturbance from the eastern Mediterranean(Jehovah)…threw them over the cliff.
That Nazarene fellah is even more incomprehensible to Odin than He is to Jehovah….Zeus ain’t too happy either.
LOOK
I am not going to be a Hun or a Keiserette of any other lame name groupie label.
Isn’t that beneath us basement dwellers?
When Eliot said that people can’t handle too much REALITY…he meant to say Mystery….but, that’s near impossible for an Episcopalian to think, much less say. Where’s my Pythagoras when I really need ‘im.
Frances lay off all that Dessicated Whoooey’”…it just displays your programming….more mental vaccinations.
Jim:
If Keats is akin to mental vaccination, then I’m lining up for another shot.
And I hate to break this to you, but you spew appropriated blurps just like the rest of us. You just use…..to hide…..your suspect…..preferences.
Pagans from the NORTH are the MOST SPIRITUALLY DISTURBED of ‘em ALL
I’m not sure you would recognize mystery, Jim, even if it came up to you and tapped you on the shoulder.
Keats & so many of the darlings…are Naturalists(Pantheists)…they like you worship “FORM”….not Purpose; not Mystery.
The S0-called Enlightenment… was really the Age of Endarkment. Nothing more than Technological Materialism….Montaigne, Descartes, Bacon, Hobbes, Spinoza, Hume, Saint-Simon, Comte…..take your pick.
BTW….the Nazarene was not Plato…..thank the Lord.
A Song to Jim’s Platonic Form:
“Praise the Lord and Pass the Ammunition and we All Die Free!”
@frances
‘And I hate to break this to you, but you spew appropriated blurps just like the rest of us’
yeah but at least Jim …. you know!!!
Jim:
I think you confuse mystery and prophesy because people were supposedly on the lookout for the ‘Nazarene’ before he showed up.
Mystery is change in form and function.
What is wrong with islamic bonds?
@Dork of Cork
Gutted man. Didn’t stop me from getting shitfaced in the bróg though and doing my best angus young impression
Frances…the Nazarene took all that came before Him & turned it upside-down & inside out. He, revoked your precious Histoouy & Nature….when you & many others speak of the nature of Reality….wht you really mean is the reality of NATURE.
The Nazarene remains more Incomprehensible today than He was then. The Mystery is Secure. It is you & I that are at risk.
Anyone that confuses Mystery with Prophecy has an IQ problem.(very weak thrust; very poor joust).
Mystery is APPREHENSION: not function, not form.
Think in terms of Personality. And think of Personality in terms of Spontaneity…..that is where the Mystery lies. There the Mystery lives within…not like previous Cosmologies that were ALL OUTSIDE….ALL INDIFFERENT….ALL INVISIBLE.
The Nazarene revoked History…revoke Time(Hebrews)…revoke Space(Greeks)…revoked Power(Romans). For that He was crucified & has been crucified again & again each & every day since. No God worth a shit could possibly ask us to live like that…how absurd.
Think Peter; not Paul.
The Nazarene came on the scene to approve all that came before (the murders by Israel, women’s subjugation, the claims of a hell) without a trial on the guilty or a question of justice and then decided to appropriate truth as being essential to his own person.
Sounds like Obama.
“very weak thrust; very poor joust).”
Yes, well. Women lack the proper poles for jousting. We must look to mailorder.
Frances…..you are both hopeless & pathetic….and marvelously explain the spectacle of modern day life.. Like Flannery said; ” anyone alive today; lives& breaths Nihilism”….it’s Death you crave…beautiful Death.
Frances…put Keats under your pillow & fall beautifully, truthfully asleep.
Okay….because….the powerful…..pungent….performance….of your periodic…..progression towards an argument…..has failed to enliven my mental state beyond…sleep.
Economists Opposing Fed Audit Have Undisclosed Fed Ties http://bit.ly/uTZOF – HuffPo
“We have slept through the annihilation of Afghanistan, Iraq, and Palestine, a war with Islam, the rendition of terrorist suspects, prisoner abuse and torture, the suppression of civil liberties, citizen surveillance, corporate greed, pandering to the rich and powerful, global warming, full spectrum dominance, imperial overstretch, and a culture of deceit. Massive military spending, multi-trillion dollar deficits and Wall Street bailouts, mounting trade deficits, and a precipitous decline in the value of the dollar have gone virtually unnoticed.
During our long period of slumber the United States government has lost its moral authority. It is owned, operated, and controlled by Wall Street and Corporate America. The United States has become ungovernable, unfixable, and, therefore, unsustainable economically, politically, militarily, and environmentally. It has evolved into the wealthiest, most powerful, most materialistic, most racist, most militaristic, most violent empire of all times.” – Thomas Naylor
Fake liberal & left wing authoritarian HuffPost writer showcases ignorance. http://bit.ly/19hEK
I like this guy. He is funny and smart.
A lot like Bill Maher.
@ Max & Stacy – Congrats on the new show. I dug it.
Here’s some video that will likely make you both smile–Geithner being asked to resign:
http://www.huffingtonpost.com/2009/11/19/geithner-asked-to-resign_n_363682.html
This comes just days after Rep. DeFazio called for both Geithner and Summers to be fired on the Ed Show; he said that “We may have to sacrifice just two more jobs to get millions back for Americans.”.
http://www.wegoted.com/news/detail.asp?newsID=2720
(DeFazio is big on infrastructure, and he’s right: Summers does hate infrastructure projects. Guess it doesn’t bother Larry that our infrastructure is crumbling, and engineers give our infrastructure as a whole a “D” grade.)
@Flu-ers
Unconfirmed reports of large numbers of deaths from the vaccine in the Ukraine…
http://theflucase.com/index.php?option=com_content&view=article&id=1977%3Aunconfirmed-reports-of-thousands-dead-from-the-vaccine-in-the-ukraine&catid=41%3Ahighlighted-news&Itemid=105&lang=en
25-trillion-dollar-oil-scam
http://www.ngoilgas.com/news/25-trillion-dollar-oil-scam/
The Winning Team
It is not the wisest
Nor the strong one
Who holds the trophy
Last
Being first
One forgets
Those who see
The world without
From within
A perimeter of violets
No smell
But so delicate
The plagues wars and infantile
Abuses
Of the world’s armies
Did not destroy
The tiny green stems
Holding the hand
Of purity
@Mep
Great Video.
De Fazio speaks truth but very late.
first class report Max and Stacy.
the frontline documentary was called “the warning”. worth having a look at.
so much for “the wizard” (greenspan)…the wizard of financial apocalypse…and his acolytes summers and ruben.
thanks for the interview with Danny Schechter too
@Sherbert: I remember that in all surprise I once noted that this in really a Crusader War of sorts…one between the West ( christians/jews) vs. the Muslims and their belief in Sharia law ( non usury financing )and the west’s fractional reserve/over leveraged usury law…and the battles are being fought on the ground as the eugenists annihilate the peasants…depopulation the earth step by step..what a world…maybe we are all supposed to have our collective heads in the ground….I guess this form of feudalism has been around from the dawn of time…I love the books by Daniel Quinn where he shows that history was the hunter/gatherers and then the agrarian culture where the more they grew the more they set out to war with their neighbors to acquire their lands for more crops..and the more their population grew the more …the more they battled with other neighbors..the agressive nature of man might have taken a different path…but not so at this juncture…Maybe Krishna Murti is right and the folks behind the movie zeitgeist are right on…but I guess we will all have to get on board first….a tough call
Great show. Always love the content (helps to swallow the reality).
However hard to concentrate with the distracting hypnotizing background too similar to the blood red of “The Situation Room”. It did set off Stacy’s dress nicely though & on her side a bit less distracting without the big button. (yes it was great to see her in 3D!). Is that a panic button? What has to happen for you to push it?
Sorry to focus on that but I was so mesmerized it was hard to focus on the content. Does this replace The Edge? I noticed the preview but no show.
Thanks again.
“Green, Rubin, and uh, the third guy”
Nice max.
that should say greenspan but for some reason it didnt go through
Congressman Kevin Brady-Smug Weasel Tiny Tim Geithner-We Have Lost All Confidence In You
http://www.youtube.com/watch?v=agf_FlmN-DM
Great show. Keep them coming
“infrastructure”….I remember that before the Gulf Iraqi Freedom War the national association of engineers came out with a study that said the infrastructure NEEDED a $1.2 trillion investment to fix the roads, tunnels and bridges nationwide….notice the Minneapolis bridge that collapsed and the Bay Bridge in California as a result of poor or no maintenance…still on hold AFAIK
http://www.bloomberg.com/apps/news?pid=20601085&sid=a0WZSz84UHjs
UK mint vastly increases production of gold coin…
Damn stacy is so fine! I would love to have a romp with that any day of the week. Great show to as always.
@ max keiser,
I agree with Danny Schechter in his analysis of the robbery of the century; the small elite (a financial oligarchy) dominating the economic and political decision making – a credit & loan complex (akin to the military-industrial complex) – turning criminal, aided and abetted by the corruption and complicity of mainstream media and government/regulatory agencies.
It prompted me to check out his site:
http://www.newsdissector.org/blog/
He not a late-comer either, he was warning of the debt crisis by tracking the sub-prime bust, in 2006 as he said, just as that was about to trigger that crisis:
http://i3.democracynow.org/2007/4/4/in_debt_we_trust_america_before
Democracy Now, 4 April 2007 (from 25-40 minutes).
http://www.abovetopsecret.com/forum/thread343208/pg1
In Debt We Trust: America Before The Bubble Bursts (in 5 parts)
Still, there’s nothing really new under the sun. As Marx put it:
http://www.marxists.org/archive/marx/works/1894-c3/ch30.htm
Capital Volume III: Ch. 30: Money-Capital and Real Capital.
“In a system of production, where the entire continuity of the reproduction process rests upon credit, a crisis must obviously occur — a tremendous rush for means of payment — when credit suddenly ceases and only cash payments have validity. At first glance, therefore, the whole crisis seems to be merely a credit and money crisis. … But the majority of these bills represent actual sales and purchases, whose extension far beyond the needs of society is, after all, the basis of the whole crisis. At the same time, an enormous quantity of these bills of exchange represents plain swindle, which now reaches the light of day and collapses; furthermore, unsuccessful speculation with the capital of other people; finally, commodity-capital which has depreciated or is completely unsaleable, or returns that can never more be realised again. The entire artificial system of forced expansion of the reproduction process cannot, of course, be remedied by having some bank, like the Bank of England, give to all the swindlers the deficient capital by means of its paper and having it buy up all the depreciated commodities at their old nominal values. Incidentally, everything here appears distorted, since in this paper world, the real price and its real basis appear nowhere, but only bullion, metal coin, notes, bills of exchange, securities. Particularly in centres where the entire money business of the country is concentrated, like London, does this distortion become apparent; the entire process becomes incomprehensible; it is less so in centres of production. …
“It should be noted in regard to imports and exports, that, one after another, all countries become involved in a crisis and that it then becomes evident that all of them, with few exceptions, have exported and imported too much, so that they all have an unfavourable balance of payments. …
“It follows from the above that commodity-capital, during crises and during periods of business depression in general, loses to a large extent its capacity to represent potential money-capital. The same is true of fictitious capital, interest-bearing paper, in so far as it circulates on the stock exchange as money-capital. Its price falls with rising interest. It falls, furthermore, as a result of the general shortage of credit, which compels its owners to dump it in large quantities on the market in order to secure money. It falls, finally, in the case of stocks, partly as a result of the decrease in revenues for which it constitutes drafts and partly as a result of the spurious character of the enterprises which it often enough represents. This fictitious money-capital is enormously reduced in times of crisis, and with it the ability of its owners to borrow money on it on the market. However, the reduction of the money equivalents of these securities on the stock exchange list has nothing to do with the actual capital which they represent, but very much indeed with the solvency of their owners.“
But don’t forget Marx is verboten!
In practice, similar observations have to be filtered through inferior commentators who may not even be aware of that Marx already described the causes and effects of a ‘Credit Crunch’ in detail.
Daytraders of the Dead
Intense Zombie-Banker bonkers blasting action! Awesome weapons and insane powerups all the way! Have you got what it takes to master extreme mode?!
http://armorgames.com/play/4272/daytraders-of-the-dead
Doh! Meant to put that in another thread.
“I like this guy. He is funny and smart.
A lot like Bill Maher.”
Max is much funnier than Bill Maher. B.M. would never dare offend his media masters again. He’s a buffoon who props up the two party one party system, by steering dialogue into the retarded political discourse of right vs. left. When it should be more like Max spells it out: Plutocrats in a master/servant relationship with the rest of us.
@Max and Stacy
You are the best! However, I was worried about that bloodsucking vampire squid lurking behind Max and reaching it’s tentacles over toward Stacy. Careful!
If your web designer doesn’t know about the bloodsucking vampire squid on Broad St. then this is proof of our collective subconscious.
Max and Stacy–as you state, the large home builders get to use losses to off set profits back to 2004. The home builders are 1. bankrupt, and/or 2. heavily indebted to Banks. so the bankruptcy trustee gets the tax refunds and pays off creditors–the BANKS. bend over again taxpayer.