Stacy Summary: Just reading this Denninger blog entry about the housing disaster.
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ref. max keiser & Get 6 mo’s free storage
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Rick Ackerman-
- King World News
- Mish
- Karl Denninger – Market Ticker
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- Michael Hudson
- ZeroHedge
- The Big Picture
crash banksters – Buy Silver & gold
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Most recent: 
@ Giuseppe Bagodonutti
“I am not a proponent of cocaine use… It hurts my body… but if you dig it, go ahead…so long as it doesn’t cause a murder.”
Cocaine is always a cause of murder.
As far as I can tell, it’s also one of the surest ways to turn a decent human being into a complete @sshole.
@MotherEarth
“This is quite a prominent blog with 64.000 view per day. Not everybody reads the comments, but how much do people cost that will spread their ‘climate skepticism’ around several of them for money. I got some responding to my youtube videos. It’s dirt cheap.”
Isn’t it possible that the pro-climate changers are being motivated by crass greed as well? What’s wrong with dialogue?
@ Frances – you know, since your tone adjustment (less snoot, I guess), I’ve been more receptive to your message.
All nice and no snoot makes Frances a dull read.
Great site Mep,..going to have a nice relaxing watch this evening ! : )
@ Adam C. – You’re very welcome. If you like documentaries, it’s a kickass site. Just watched “The End of Suburbia” last night (it’s listed under the society category) . . . pretty scary stuff.
@Mep
Great find. Thanks.
A documentary for the skeptics to check out: The 11th Hour.
People interested in sustainable farming will dig Natural World–A Farm for the Future.
There are plenty of other environment docs. on that site. (I love documentaries! Just found that site a week ago, and it’s one of my favorites now.)
@Joe – it is margin rate
http://www.investorwords.com/2958/margin_rate.html
@Mother Earth – yes, commenting on websites is a booming business; not much of the business is in US; an old friend of mine works at one of these firms where they do geo-political disinfo/perception creation . . . I think I am pretty good, though not perfect, at spotting the language of these outfits
@Don – great story
Scientists aren’t hiding shit…
Alex Jones is advertising them!!!
Magic Silver Water that has HOMEOPATHIC-LIKE EFFECTS!!!!
That’s like saying “it might work as good as Snake-Oil”…
I used to be amused by CNN Drug commercials, but this shit takes the cake…
GET YOUR FREE OBAMA JOKER T-SHIRT TODAY!!!!
ORDER THE DVD!!!!
they are hiding free energy and cheap women….lol
Where is the War on Foreclosure?
Imagine what else the scientists must be hiding from the public,,,
i tried turning on the radio to listen to Coast To Coast AM with George Noory…
and found out, it has been REPLACED BY SPORTS garbage…
from what I know of bars, that is a death knell…
(poor radio station…)
So I decide to listen to Alex Jones on a web-stream instead…
I cut in to a caller yappin about Climate change… woo hooo
then the commercial…
and what do I hear?
Max Keiser talking about arsonists and matches
FUCKIN AWeSoME!!!!!
jibber-jabber, y’all
Max, Stacey,
Could you explain “Central bank liquidity swaps” in one of your programs? Is this what Congressman Grayson was concerned about when questioning Bernanke? He quoted a figure of $500billion (or half a trillion).
See http://en.wikipedia.org/wiki/Central_bank_liquidity_swap
On December 12, 2007, the Federal Open Market Committee (FOMC) announced that it had authorized temporary reciprocal currency arrangements (central bank liquidity swap lines) with the European Central Bank and the Swiss National Bank to help provide liquidity in U.S. dollars to overseas markets.[1] Subsequently, the FOMC authorized liquidity swap lines with additional central banks. The swap lines are designed to improve liquidity conditions in U.S. and foreign financial markets by providing foreign central banks with the capacity to deliver U.S. dollar funding to institutions in their jurisdictions during times of market stress.[2]
Swap lines are now authorized with the following institutions: the Reserve Bank of Australia, the Banco Central do Brasil, the Bank of Canada, Danmarks Nationalbank, the Bank of England, the European Central Bank, the Bank of Japan, the Bank of Korea, the Banco de Mexico, the Reserve Bank of New Zealand, Norges Bank, the Monetary Authority of Singapore, Sveriges Riksbank, and the Swiss National Bank. The FOMC has authorized these liquidity swap lines through October 30, 2009.
get ready to do some profit taking on your gold….you notice silver isnt climbing quite as fast next to gold as it was six months ago……one bubble at a time I reckon.
Obama to unveil plan to add troops in Afghanistan …..whats it like fcuking runway show…this so dysfunctional on soooo many levels.
This is quite a prominent blog with 64.000 view per day. Not everybody reads the comments, but how much do people cost that will spread their ‘climate skepticism’ around several of them for money. I got some responding to my youtube videos. It’s dirt cheap.
http://www.youtube.com/watch?v=Ydo2Mwnwpac&feature=player_embedded
Recently leaked emails and documents from the Climate Research Unit at East Anglia University which expose deceit, duplicity and collusion between climate researchers to create and maintain fraudulent science of man-made global warming.
I bought into the idea of man-made global warming myself until I saw who was promoting it and how laws were being structured. As I said here before it will be the largest racket in human history.
The enforcement will be discretionary. This discretion combined with the need to borrow money to finance the implementation of compliance, will empower banks and regulating authorities to both create and profit from volatility, and destroy many businesses of their choosing.
On a household level. Burning sustainably harvested firewood is carbon neutral and could be used by poor people to circumvent monopolies on electrical energy for cooking, and natural gas or heating oil etc for home heating. But given how people have been trained to think in terms of fractions of processes rather than the whole, it could be interpreted and crammed down our throats as carbon polluting, taxed as such, and thus poor people could be cut off from this inexpensive and responsible energy option. An energy option that can often be locally run and financed, thus cutting out global banksters’ rent as well.
@Dan Valley
Short-Sellers? Vs. Nail Fuckerson? or John Mack?
DAMN…. that sounds like some good video….
Maybe it’ll show up ???
I can smell something peculiar here (beyond my Sauerkraut-laden farts….. I ate a hot dog earlier…. you need Sauerkraut for that!!!!)
And may I remind anyone going through the Frankfurt Airport…
DO NOT EAT UPSTAIRS!!!
Go to the Goethe-Bar…
the Sausage there is FANTASTIC!!! and CHEAPER!!!! (yes… the same food for less than what they gouge you for upstairs)
And the beer is reasonable as well!!!
The bartenders speak better English, too!!! (but not very good Italian)
Then go buy some GOLD at the vending-machine…
Fun Fun…
1. I quit Coca Cola.
2. I haven’t done enough for my fellow man. I need to do something about this.
3. I’ve been sitting around waiting for the world to end. I’m stashed to the hilt with canned goods and rice. I get the slight rush seeing that the metals have increased in value, and then just as quickly the high disappears. I need to live again.
4. @ Frances – you know, since your tone adjustment (less snoot, I guess), I’ve been more receptive to your message. Maybe because it’s getting close to Thanksgiving that I’m all verklempt. Perhaps this sympathy/empathy for children, elderly, and aniamls thing will past post tryptophan, but hopefully it never will.
it was quite involved…each reporter told how they came to cover the financials ….most were very flowery tales about interesting people who were corrupt and that was a real turn on for them…then you had nail fuckerson rubbing thier noses in thier ineptitude….most of them naturally didnt see it coming and then a short seller got up and said hey us short sellers should have been a canary in the coal-mine to which they all said aww you cant believe what you people say….they continued to show themselves for the useless hack writers they are and at every turn nail fucksusson used them to make himself look all the more intelligent…too bad they didnt let him comment on john mack the knifes little blurp.
@Dan Valley
Thanx for that…
I tried doing a search of his recent appearances on bloomberg and got only another 30 secs
http://www.youtube.com/watch?v=N357v6boUr8
Can you summarize the scandal of what happened?
Should I put him on the revolutionary’s hit-list with Blankfein (et al) ?
the govt plan to get us out of debt….
http://pbfcomics.com/?cid=PBF077-Bunny_Pit.jpg
@ GB….I dont know how you could see it…maybe you tube…
I cant find the entire show..just random clips of it…
http://www.youtube.com/watch?v=Vo9uyNR2zxE
http://www.thedailybeast.com/blogs-and-stories/2009-11-23/glenn-beck-community-organizer?cmpid=p_yahoo
Its naive to think the US will let it be foreclosed on – War is inevitable
The US economy will be spiraling out of control in the coming months and will reach critical point by the end of the 1st quarter 2010 and implode by the 2nd quarter.
Its will be the axis of evil – US/Israel/UK against the rest of the world
http://globalresearch.ca/index.php?context=va&aid=16218
This a very sobering read
WOW
I just turned on the radio
and they are saying COKE use is up amongst the <25yr olds
supposedly, the price was @$250/gm and has gone down to $75/gm
BWAHAHAHAHHaahhaha BULLSHIT!!!!
If it was ever $250/gm, then the cops were getting ripped off…
It makes me wonder why they broadcast stories like this
(no, I am not a proponent of cocaine use… It hurts my body… but if you dig it, go ahead…so long as it doesn't cause a murder)
Is the Bank Of England a private company or part of the UK government? Wikipedia isn’t clear…
“The Bank was privately owned and operated from its foundation in 1694 until it was nationalised in 1946. In 1997 it became an independent public organisation, wholly-owned by Government”
“In 1977, the Bank set up a wholly owned subsidiary called BANK OF ENGLAND NOMINEES LIMITED, (BOEN), a private limited company … [it] was granted an exemption by Edmund Dell, Secretary of State for Trade, from the disclosure requirements under Section 27(9) of the Companies Act 1976 , because, “it was considered undesirable that the disclosure requirements should apply to certain categories of shareholders.” The Bank of England is also protected by its Royal Charter status, and the Official Secrets Act.”
http://en.wikipedia.org/wiki/Bank_of_England
@ Dan Valley
I didn’t see any Bloomberg poop
I don’t have access to their channel on the idiot box (it’s available for a fee, though)
Should I subscribe?
fair is fair
http://pbfcomics.com/?cid=PBF181-Woolves.jpg
http://pbfcomics.com/?cid=PBF195-The_Pacific_Council.jpg
http://pbfcomics.com/?cid=PBF210-Wishing_Well.gif
http://pbfcomics.com/?cid=PBF234-Finneas.jpg
@Snoot……….
http://pbfcomics.com/?cid=PBF244-Preach_Skate.jpg
More Info: Climategate – Leaked Source Code Confirms Climate Fraud http://fascistsoup.com/2009/11/23/climategate-leaked-source-code-confirms-climate-fraud/
Climategate: CRU Source Code Confirms AGW Fraud From Hacked Documents http://www.youtube.com/watch?v=sYxk7pnmMFw
@marietta
So do I – he believed he was dying from cancer after already beating it once – thats terribly sad
On a different note – globalization institute take on SDR’s and global economy
http://globalresearch.ca/index.php?context=va&aid=16218
Global Warming Deniers http://www.naturalnews.com/cartoons/global_warming_deniers_600.jpg
@Joe
I feel really sorry for the guy and his son.
@marietta
Good find! Crazy stuff
Hi all.
sorry about changing the subject.
Remember the census worker that was murdered and had “Fed” scrawled on his chest? Well, he committed suicide:
http://www.kentucky.com/latest_news/story/1032979.html
@ F. snoot …Enjoyable nonetheless I must retrn to my gold mine……Hi Ho Hi HO Hi HO.
History is what men (usually and white as well) decide to include in book form (usually unless a stone or papyrus is used) as important.
consider these examples:
water running over rocks
snow melting
flight of birds
the tide
@DanV:
All narrative is not retrospect.
in retrospect..those who ignore history are doomed to repeat it.
@y’all
OKI … Will and some of y’all, you are making me feel old please tell your friends to catch up….. also I gave up drinking coke so long ago I feel embarrassed…. and… surgical… or blunt….erm… I I would prefer surgical, less messy and a lot quicker I reckon… You know lifes too short…. and fluid not rigid… for sure… well unless the occasion calls for it!!!
“Let us consider the human
organism as an artifact”
DanV:
It is interesting that both authors as you said considered the problem of avarice, and that both authors view life as a narrative. Both utilize the tool called retrospect.
Now retrospect is an interesting device if one is able to see the path behind clearly. But life is dusty, and the artifacts your author calls into notice are all too transient. To use evolution as a means of understanding change by calling static being (take that dead act into Space) as monologue is rather masturbatory.
We know through retrospect only the synapse which we use to catalog day/night. There is another way of knowing. Does it involve as the author insists a quantum differentiation into another way of being? Or does it involve an essential part of ourselves which we lobotimize in the pursuit of reason as a conduit for survival.
I only have one thought on the way the fed is handling fiscal duties—
http://www.funnychill.com/media/626/Gorilla_Giving_The_Finger/
@yall
what was Max’s solution to stopping risky derivatives – a Margin Tax? – i know of Tobin Tax – Gordon Brown mentioned but he mentioned another
@ snoots…man ulltimately….however as I think this not likely to happen we need to get back to a system tat promotes quality …quality that is free to propogate not held back as it so often is with patent law or national security ….did you not read the bill b. peice?
Good evening, Gentlemen. I leave you to your cigars and whiskey!
Oh.
Dan, don’t you like the way man is made a slave of gold in the poem? Remember, London was at the Californian Gold Rush firsthand.
Which system needs an upgrade: man or the state machine?
@ GB…..did you catch the bloomberg round table on journalism and its failure with regards to the systemic crisis….they even had nail fuckerson on and at the very end in the crowd john mack gets at stand and state his case and asks that the news needs to help cause bankers cannot control themselves….there was no rebuttle not anger the rest of the crowd should have drug him away right then and there.
@ snoots…
It is the covetous nature that the article I sent you too is too blame for good or bad its a cog of humanity….and the only way to remove it is to upgrade the entire system and short of this we are doomed to do what we always do and that is to make the worst possible choice in our own self interest as we can.
@Dan
The only instrument I suggest comes in 12gA.
American-made, no less…
Blankfein has a very malignant tumour that must be excised ASAP…
According to my analysis, it seems to reside within his cranial vacuum chamber…
Anesthesia not required…
@DanVillain:
well.
Seeifyoulikethis:
http://www.jacklondons.net/writings/Nonfiction/Poetry/gold.html
AT GUISEPPI:
You said to make it emotive and pensive. Women look at the hedgie and say, “ahhhh” and the hedgie is quite contemplative about his nose.
but yours beats mine!!!
@Frances
That porcupine is too happy looking…
I’m thinking more along the lines of this
http://www.worldprimatesafaris.com/uploads/pics/Pensive_Gorilla_-_Chris_Weston.JPG
In case anyone cares….
http://www.perseus.tufts.edu/Herakles/hydra.html
It’s not a yucky poem or anything that bad…..
@Giuseppe Bagodonutti …………Surgical Violence …nice…isnt surgery actually violence in a way….I mean in the days without anethstesia its a foregone conclusion…todays antiseptic humanitarian version allows more precision….My point is the more surgical it is the less pain the banksters feel….we need to remove them with blunt instruments.
Here Guiseppi. That will be twenty bucks. Last week.
(pensive emoticon)
http://farm2.static.flickr.com/1227/532490506_d0eb15c6f9.jpg
@Frances
The Hydra is the goal…
But in order to destroy that beast, one must strike the heart….
And then burn the rest for fertilizer…
HMMMMMMMmmmmmmmmmmmmmmmm
(insert pensive emoticon here)
@DanValley:
She says I’m right and you’re wrong, so there!
http://upload.wikimedia.org/wikipedia/commons/5/59/Innocence.jpg
@Guiseppi:
Well, I’m hoping you get the immortal head of the hydra, that’s all!
@Dedo
Think that a book sells better if it has “2012″ in the title. Same as with the “2000″ hype, after 2012 nobody talks about it anymore and will be soon forgotten.
@Frances
If I remember correctly (IIRC for Phil)
Max called for the head of Paulson to roll down the steps of Congress…
I am calling for the same thing on a larger and more acute scale…
I am sorry, but the time of wishy-washy bullshit has ended…
Surgical Violence is necessary, and the BIG-wig Bankster CEO’s are Target numero Uno
and Santa Claus, too… cuz he deserves to be axed, that ultra-fraud…
Granted, I’d be happy with some COAL (especially 12800Btu Blue Gem from the Appalachian region) in my stocking this year
@DanValley:
Don’t you get it?
Whitman is referring to the body itself as a sign. Words may be a sign if the construct is accepted by more than one person, but he is saying that the body can be a sign as well. The sign Whitman refers to it the true sign of the body as FLUID and not RIGID in a free structure not set by men or gods. That is why he states that fluidity is rich.
I like his prescription. Especially the part about rejecting what the soul finds loathsome. So if you find Whitman loathsome, he would take great pleasure in your rejection!
If all that is true to you is some strange echo from the walls of a laundromat, then I feel a tad sorry for you, DannyV.
oops forgot the link
http://www.youtube.com/watch?v=JsVgSqAwSEI&feature=related
@Youri,…..2012 huh,..good, gives me another two yrs to round up some more hot dogs,…there’s also an apparent need for freedom fries and ketchup,..check!
Up up and away hay hay!!
@ snoots if i may be so bold as to add a few lines…
Slit yur wrists and piss yur pants maybe the lord will give a glance….give up and away on all you see and do else it will be taken from you.
You cant be serious with that drivel…I refer you to this my dear…
http://maxkeiser.ning.com/forum/topics/welcome-to-the-age-of-the?page=1&commentId=3509815%3AComment%3A522&x=1#3509815Comment522
U.S. dollar collapse could devastate economy by 2012: book http://tinyurl.com/yzsq8jo
“This is what you shall do: Love the earth and sun and the animals, despise riches, give alms to every one that asks, stand up for the stupid and crazy, devote your income and labor to others, hate tyrants, argue not concerning God, have patience and indulgence toward the people, take off your hat to nothing known or unknown or to any man or number of men, go freely with powerful uneducated persons and with the young and with the mothers of families, read these leaves in the open air every season of every year of your life, re-examine all you have been told at school or church or in any book, dismiss whatever insults your own soul; and your very flesh shall be a great poem and have the richest fluency not only in its words but in the silent lines of its lips and face and between the lashes of your eyes and in every motion and joint of your body…”
waltwhitman leaves of grass preface
for some amusement http://www.rte.ie/player/#v=1060811
Wow… starting to get interesting: latest “ClimateGate” MSM vids:
- Steven J. Dubner: “the kangaroo does not emit methane”
- A very very angry Ed Begley Jr…
- Russia Today, Aussie TV, more..
http://catastrophist.wordpress.com/2009/11/24/msm-videos-cru-hack-climategate/
…
Here’s Lady Liberty, DanValley:
” The land and sea, the animals, fishes, and birds, the sky of heaven and the orbs, the forests, mountains, and rivers, are not small themes … but folks expect of the poet to indicate more than the beauty and dignity which always attach to dumb real objects … they expect him to indicate the path between reality and their souls.”
(WaltWhitman Leaves of Grass)
http://www.bartleby.com/39/45.html
O.K. I am outta here. Adios!
hey liberty was a bar-maid or a topless dancer…with regards as too how she was painted
Oh, Youri! FlutterFlutter. It is time for you to go all mooshy on us!!!
@DanValley:
goodness
Good can be a kind of magic for sure DanValley. But I’m not good. That’s okay: I’m just like most everybody!
My spelling is off the hook!!! I am going to pay closer attention! Sorry all!
Thanks for the wonderful chat Frances and Don. I remain calm and peaceful.
Am off to bed now – after 1am here in Scotland.
I’ll leave you with this…
http://www.youtube.com/watch?v=WvWGnXkcaKI
One in Four Borrowers Is Underwater http://tinyurl.com/ylk5go5
@Don:
In the Moment! I didn’t catch that before. Quite true!
How true Frances.
I have never been so happy in my life as when someone stole my huge, heavy back pack in Colombia. Ofcourse I jumped up and down at first, shouting curse in the air, at the bus station in Cucuta. But then it struck me, like a pinched nerve, “hey! i don’t have that damn turtle pack slowing me down and killing my back any more, this is kinda cool!”
So I can appreciate the liberty that detachment brings.
@snooty…will you be liberty leading the people…
http://www.youtube.com/watch?v=WvWGnXkcaKI
To cheer you up, PaulH!
Paul
its not that I have lost hope, it is that I have witnessed this same event in the history of many other countries, in recent history. We could say “how could any man of conscience give himself to these ways” and yet history shows that many men of little conscience is all it takes. Look at Paraguay under Straussner regime. he killed off his oponents first, then anyone who could teach, then anyone who could read and right, yet he did not perform any off this with his own hand, just like Hitler. So, as I have mentioned here before, I split the US and went to where I love to be. I have always wanted to learn more about organic gardening and harvesting from the rain forest plants and trees so here I am. Yet always hope remains, that things just might get better, or turn out to be O.K. at which time I will be the only guy selling delivery organics to all the resorts in my region.
So there is hope and a plan. If not we will live on the food we help to nurture.
Yes, Don. If we are brave and do well than the weaker will follow gladly our example.
If riches made people happy, then why are the rich so unhappy? I’m not saying to gladly accept the theft of our belongings, but I am saying to gladly realize that human attachments are transient and not necessary to happiness. So much of real is just in our heads. And true beauty is as Keats said truth.
So we are condemned to be serfs? There is no hope?
@PaulH:
What! WE are FREE! But we might have to suffer to show the masters that we won’t bend the knee. Some things are worth the fight!
Don’t you know puppies and pie trump grenade launchers?
Frances,
you have heart, it makes sense. Turn away and look at your day, your life, the moment and simply be and try to do the next “right” thing. If that be an act of kindness, or simply gratitude for what we have right now, then we are in the moment and that my friend, is a powerful place toBe.
Cops have families and friends Don. Or have you lost hope too?
I get that the odds are stacked against us, and the bankers have bankrolled pretty much every conflict in modern history.
But people ARE waking up. And at the end of the day all we really need is food, shelter, medical care and friends.
Goodness, Guiseppi. I was trying to agree with Max for once!
They have created so many laws that literally makes everyone a criminal at one point or another.
PaulH:
Like I said: don’t be a part of their nasty beasty pillared system as much as one can seeing as there is no gain and only pain in the long run.
Be compassionate. We need to retain our humanity.
I don’t see any way of salvaging much except our own personal dignity and freedom. We can’t be bitter: we can only speak what is true to our own selves. People believe differently and run to the abyss.
I mean to love life while I can and to write a bit.
If one tries to speak most often it is a chance to invite rocks or worse.
Screw boycotts…
Let’s start the rebellious executions!!!!!
Coke is tasty…
Greedy Money-Junkie CEO’s are NOT…
Death of the oligarchs is the only SHORT term solution…
Surgical Violence!!!!
@PaulH
It seems like the “scaffolding” for uprising is already in place. I have cop friends in the US who think I am crazy and won’t talk to me any more because they percieve the problem they face in a completely different light. they have been conditioned for years to see “normal people” ei. telletubbies as the enemies. Now they are waiting for the shot, the revolt the riots to start with frothing smiles and snarling teeth. They get off on the shit, a chance to try out some of that bad ass jujutsu they picked up in combat school. The cops are now out fitted with grenade launchers in many cities.
So we are condemned to be serfs? There is no hope?
The value of all tangible currency is in the hands of the owners of the currency monopoly as always. We are at their mercy.
@Frances
Assuming a huge awakening by the non-banking elite (indulge me for a moment) against a centrally-controlled sdr, what would be a better model?
Okay. Let’s boycott Coke. I’m in.
I remember some graffiti that I read ona wall in the middle of the compound at the Universidad De Colombia in Bogota. It said:
No aye paz (No peace)
no aye justicia (no justice)
no aye derechos, (no rights)
perro siempre Coca Cola. (But forever Coca Cola)
What a sad state of affairs for the Colombian people they would have otherwise been able to enjoy “The emerald of the Americas” But this shit is, well, like they say “Global” everyone every where is suffering at the hand of corruption, wether they know it or not.
Given the state of UK finaces, I assume you view the future value of the British Pound in much the the same way?
Pound is in the clan by birth and marraige:
sdr: pound, euro, dollar, yen
dollarvalueindexbasket: pound, euro, dollar, loonie, krona, yen
Look at how the currency monopoly has the system set up: all pegged or dependent on one bank! It’s amazing.
Next year we see some suffering. The big boys are still tinkering with their scaffolding.
If not, what’s the solution?
Be true to our ownselves and be kind to old people, children, and animals.
@Frances.
Appreciate you taking the time to share your knowledge with me.
Given the state of UK finaces, I assume you view the future value of the British Pound in much the the same way?
Dubai Autonomy Fades as Crisis Strengthens Abu Dhabi http://tinyurl.com/yhvalmm
Wonderful LINKS!!! Thanks HARRY!
I’d call it a national lobotomy.
Yes, HarryW. Like when we killed all the university professors in Iraq.
@PaulH:
The moves are all indications of a move to place sdr as reserve currency as recommended by Central Bank head Zhou from China and to close the hegemonic shops down in the US. I am not sure what will happen with the Pentagon: I can’t bear to live in this rathole Imperial Army state anyway much longer.
We won’t be running deficits for much longer. The dollar as we know it will be a memory.
@ frances,
Thank you, I read some of your impressions of Peru, so these stories probably aren’t altogether surprising to you.
Personally, I was surprised how little notice was taken here of the Honduran coup. I know Stacy raised it a few times, to very little response.
I hadn’t previously been aware of how targeted the onslaught is against teacher-trade unionists in Colombia, or how the same policy seems to be applied in Honduras since the coup.
I’d call it a national lobotomy.
I’d have thought US students might want to learn from those who’ve already gone through neo-liberal reforms.
I was most impressed by the Colombian student’s own documentary:
Freedom and Rights at Colombian Public Universities:
http://www.tlaxcala.es/detail_artistes.asp?lg=&reference=359
Education International: Colombia’s Classroom Wars:
http://www.ei-ie.org/en/news/show.php?id=1099&theme=rights&country=colombia
RIZ KHAN: Colombia’s displaced millions:
http://english.aljazeera.net/programmes/rizkhan/2009/11/2009112385521977152.html
IMF headquarters to Europe:
http://www.iie.com/realtime/?p=952
@ France Snnot
man you really nail it down. “We will be far far far worse off as our deficit spending allowed our overinflated lifestyle and reduced our country to an import-dependent land of tellatubbies.”
Didn’t Argentina tell the IMF to ship off? Like too many other economies around the world in third world countries, just import, buy and resale it. Over and over, i see this trend in my travels, with China being one of the few producers in the world, and all the rest are too lazy and uneducated to fashion a fuckin’ bicycle seat let alone a factory to machine tools, to build with.
They’ll be mining the dumps in the US looking for the nice shit they threw away last year!
@Frances
I’m tempted to say ‘new bits of paper backed by the ability to raise taxes’, but we’re back to fiat currency again. Wouldn’t such a fiat currency work if the new government kept the books balanced annually?
If not, what’s the solution?
Incidentally, I’m wading in waters here that are very new and fast flowing to me….
Joe, lean closer:
THERE IS NO US TREASURY!
The IRS is an independent corporation.
Obama did not fill Treasury ‘positions’:
http://www.politico.com/news/stories/0309/19699.html
http://www.washingtontimes.com/news/2009/oct/15/geithners-top-posts-stay-empty-in-crisis/
Oh wow!
An admission the Bilderbergs really do meet.
“Mr Van Rompuy, 62, who was appointed to the newly-created £320,000-a-year post at last week’s special EU summit, set out his stall on direct Euro-taxes during a private speech at a recent meeting of the Bilderberg group of top politicians, bankers and businessmen. The group officially meets in secret, but when selected details of his remarks leaked out, his office was forced to issue a public statement on his behalf.”
Herman Van Rompuy: Europe’s first president to push for ‘Euro tax’
http://www.telegraph.co.uk/news/worldnews/europe/eu/6622886/Herman-Van-Rompuy-Europes-first-president-to-push-for-Euro-tax.html
So why not simply say ‘Fuck off IMF’ when the US Treasury starts printing it’s own money?
What money?
Last one.
“Little Carbon Monsters”
http://www.youtube.com/watch?v=dVIpVRKw3bA
@Joe;
The problem is, Joe, that the world as we know it does not resemble the Mise’s ideal and the Mise’s ideal cannot be readily applied to the world as we know it. It would involve more capablities than the few who represent the ideal can muster.
And that coat of arms is definately a cognate: what Swiss?
@Frances
So why not simply say ‘Fuck off IMF’ when the US Treasury starts printing it’s own money?
I’m guess I’m talking about about a full reboot of the system rather than a partial reboot.
@HarryW:
Really nice post. Thanks!
@PaulH:
So, to answer you directly…
The Federal Reserve Act of 1913 and the National Banking Act of 1864 must also be repealed and all monetary power transferred back to the Treasury Department. The effects of this will be seen very soon by the average person as their taxes would start to go down as they would no longer be paying interest on debt based money to a handful of central bankers.
1. The IMF is the same entity as the US Treasury. So we would be basically declaring bankruptcy and going through the FSAP due to the IMF board.
2.The IMF will put us under the rites of passage: hell. See Iceland.
3.Taxes, interest, and currency will all be operated through the suprasovereign agency to whom the dues will be given. We will be far far far worse off as our deficit spending allowed our overinflated lifestyle and reduced our country to an import-dependent land of tellatubbies.
@PaulH
@Snoot
check out this and let me know Hayek’s Plan for Private Money – Robert P. Murphy – Mises Institute http://bit.ly/4OBga2
money production would still be in the monopoly hand of treasury in your post – in Hayeks Private money would compete for value.
@Adam C
That’s what I thought. The conclusion in your ‘Money Changers’ article doesn’t suggest that. Although it would appear others here are challenging the veracity of that quote. Still awaiting an explanation.
@Frances @Will
I’m happy with the results of my loss (and now have my own growing ‘green ‘ (anti-chemical) business that’s laying the foundation for my own financial independence).
The concern that I have is that the ‘mass loss’ that is surely coming for huge swathes of ‘Western’ populations will not be pretty.
People are definitely waking up.
This global collapse is mass internet entertainment now.
A big thanks to:
Max and Stacy
Peter Schiff
Alex Jones
Gerald Celente
Karl Denninger
Project Mayhem/ZH http://www.youtube.com/watch?v=xWVxI6XZAuE
…and others I forget.
The best ones do it with humour.
Speaking of which:
Global Warming is a SCAM, Officially… (Climate-Gate)
http://www.youtube.com/watch?v=gefSwMCTjuc
The reason it’s plastered all over the internet,..is because it’s part of the “plan”,…
As it dies, it is reborn anew, and rises from the ashes to live another 1000 years
The Phoenix reborn into the new.
Carbon credits, carbon credits,…come and get them !!
Order out of chaos,….blah blah blah,…
@ stacyherbert (again),
A similar process of liquidation appears to have begun under the Honduran coup regime:
[2009-08-04] Teachers killed in violent repression in Honduras
“Escalating violence in Honduras against those protesting the military coup of 28 June has left two teachers dead: Roger Abraham Vallejo and Martín Florencio Rivera. …
“Primary school teacher Roger Abraham Vallejo, a 38-year-old member of the union COPEMH, was shot in the head on 30 July during a demonstration. Another teacher, member of the COPRUMH, Martín Florencio Rivera, died after being stabbed 27 times when he left Vallejo’s wake. Saturnino Sanchez, president of another EI member organisation in the country, COLPROSUMAH, was severely beaten. …”
http://www.ei-ie.org/en/news/show.php?id=1079&theme=rights&country=honduras
[2009-09-25] Another teacher killed in post-coup violence
“… The latest on the death toll was secondary school teacher Felix Murillo López, 36, and member of EI’s affiliate COPEMH. He died on the evening of 17 September, National Teacher’s Day, as a result of a hit and run while he was riding his motorcycle home from the union office. He was dead on arrival at Hospital Escuela in Tegucigalpa.
His worried family members had reported his disappearance to the police but, because his personal documents were missing, Murillo’s body remained unidentified until 24 hours later when his brother visited the morgue. The police have launched an investigation upon suspicion that the crash may well have been intentional. …”
http://www.ei-ie.org/en/news/show.php?id=1098&theme=rights&country=honduras
I’d suggest US students need to become a little more engaged. In Colombia or Honduras they can see what might be coming down the line if the US society and economy continues along neo-liberal/corporatist lines. The policies applied in Latin America under US tutelage ever since the neo-liberal Chicago School took the reins in Chile under Pinochet.
There’s a world outside that tends to cut through most pseudo-intellectual theories.
This is just another aspect of the truth about markets for cocoa, cocaine, coffee and bio-fuels, which means land clearances for rural Colombians and Hondurans, who are forced to become cheap labour in other (black) markets or else rot in poverty:
RIZ KHAN: Colombia’s displaced millions
http://english.aljazeera.net/programmes/rizkhan/2009/11/2009112385521977152.html
O.K. O.K. I understand that bad arrowers are all the cause right? Bullshit, that is the haux that they tell people. When, for example, I still had my job, my wife and I finaced two cars a home, and at the end of each month after all bill swere paid and money set aside we still had a small contingency left over. Then the fuckin oil prices went up, like through the roof up, anybody remeber that??? And the subsequent consiquences of high fuel say at the grocery store?
See, people were paying their bills until the high fuel kicked in. thats when the grocery bill nearly doubled in my hood, and then auto insurance, home owners insurance and the friggin property taxes, all went up at the exact same rate of a meer $100USD per month. Now I ask you good people; What are the odds?
And what are the odds that a family is going to beable to sustain this after the ripple shit through the markets and companies who felt the same effects to their over heads and bottom lines, had to make changes of their own. Once I lost my job, we struggled with the shit for a little while, after that I pulled what was left of my 401K (after assume an 80% loss of all my vested funds due to market manipulation ) and cahsed it into silver. Smartest move I ever made, I have made back with silver about %50.
I just get anoyed when I hear people say this was all about sub prime lending when that was just a piece of the puzzle, not even the biggest piece at that. Cheerio from Belize.
@PaulH:
Sounds like the account is in your favor!
I was condemned for not “doing anything”. Well, what? I sure don’t want to be the tail of the doggie.
PaulH – Losing everything.
It’s not comfortable at first, but it is refreshing to eventually realize that it doesn’t kill you. Refreshing as in awakening!
@Will:
No. There is a wind blowing about the essay trope concerning “honest money” and “our forefathers” and “criminal intent was invented by the Federal Reserve”. That is why I snipped that sentence.
The package is sent with an intent which reeks of propriety.
It is the intent to deceive.
@PaulH
I thought Milton Friedman was one of the bad guys.
@Frances
I had to lose almost everything (a semi-conscious decision on my part) to wake from my comfortable slumber.
That’s too hard for most people.
But IMO, that’s what it will take.
Hayek’s Plan for Private Money – Robert P. Murphy – Mises Institute http://bit.ly/4OBga2
@ronron
>> could you use a different picture in you profile,
Why’s that?
CARBON CREDITS ARE CURRENCY ……WHY ARE YOU NOT COVERING CLIMATE GATE……..THOUGHT YOU DIDNT LIKE THE GOLDMAN SACHS GANGSTER RACKETS………COME ON MAX AND STACY WE CAN ALL SEE THIS……………….FOLLOW THE MONEY…….REMEMBER!
thinking of the impending pension plan disaster with CalPers…
the returns on the various funds were all negative except for… LRF portfolio which did not lose any money… that is the special fund for California State Legislators…
it doesn’t get any better than this… I hope Max comments on this…
@Frances – “This is new?”
Not everyone knows what’s going on, Frances. Not everyone is as smart as you are. The article isn’t the best written one or “the best” anything else. But the tone of the article shows that the penny has dropped for more and more people. That’s what’s important, the context around the article rather than the article itself. Albert Nock knew what was going on nearly 80 years ago, but hardly anyone was listening back then.
Nothing has changed, but the rip-off artists have gotten so blatant that more people can see and understand what’s going on.
@Mr.UnEmployed:
Yes, no relish either.
Whatever happened to the fighters for the free world? PaulH? Ronron?
They don’t pass mustard
@Mr.UnEmployable:
Yes. Limp, insipid hotdogs aren’t worth the bother!
I hate cold hotdogs
@Frances
I’m pretty new to this ‘Powers That Be dissection’, and it would appear I’m profoundly naive.
Friedman didn’t say that? Or he said it and didn’t mean it?
Which bank(s) is he tied to?
@Mr.UnEmployed:
Too few hotdogs? Dedo has a stockpile.
frances
or in other words, “Too little, too late”
“Historians will look back at this time as a period in which corrupt despots ruled the masses with utter short-sighted greed”
This is new?
RonRon:
elucidate
Isn’t that the sell behind this site?
Maybe this is beginning to register with people? The Critical Unraveling of U.S. Society
@PaulH:
The problem is the little men want to live like the big men:
http://www.youtube.com/watch?v=fQ_P24ouWZU&feature=PlayList&p=4F2AC43D7C8EDB4D&index=0&playnext=1
@Phil – that is was, that it was
– most conspiracies have a good entertainment value. Sad though that some blindly believe in them… (error 404 duplicate?)
@Phil – that is was, that it was
– most conspiracies have a good entertainment value. sad though that some blindly believe in them…
@mrunemploye. that was cute of snute, i’m afraid he doesn’t get the point.
frances
agreed
@PaulH:
He doesn’t.
http://4.bp.blogspot.com/_KgBT8kIRgBo/SPBGz-3OT8I/AAAAAAAAEc8/WQYGSYw9U9w/s320/Mario+Draghi.jpg
But I’m sure he thinks the idea is quaint so long as the profit margin is not affected at his bank.
Denninger needs a proof-reader/editor…
So does Jim Willie, for that matter.
@Mr.UnEmployed:
The Iraq war was fought due to criminal stupidity, yes. But I would think the French would appreciate the label French being replaced on American domiciled-potatoes.
@ stacyherbert,
Jibber Jabber, or my late response on the UCLA fees protest and the liquidation of the Iraqi professional classes, both mentioned in TAM 1080:
http://maxkeiser.com/2009/11/21/1080-the-truth-about-markets-london/
See Colombia for a fusion of the two processes, creating student debtors and eliminating the critical faculties provided by a professional/intellectual class, especially those active in trade unions:
“Entitled Colombia’s Classroom Wars, it reveals a horrific litany of rights violations including murders, disappearances, torture, death threats, forced displacement, arbitrary detention, and more.
“According to the Colombian National Trade Union School, in the period between 1999 and 2005, there were 1,174 trade unionists reported killed throughout the world. Of those, 816 were Colombian.
“What is less well known is that more than half — 416 of them – were teachers or education workers, Novelli reports. The vast majority of these assassinations are attributed to right-wing paramilitary organizations with links to the Colombian state. Virtually all of the perpetrators have committed their crimes with impunity.”
http://www.ei-ie.org/en/news/show.php?id=1099&theme=rights&country=colombia
Most recently:
“Teacher Ramiro Montes was killed and one of his colleagues wounded, while the driver of the vehicle remains missing, Codhes said.
The activists were en route to a meeting with a humanitarian mission sponsored by the United Nations, the National Ombudsman’s Office and Colombia’s Catholic bishops conference.
The mission is in Cordoba to “verify the situation of the displaced population” in the Sinu and San Jorge river basins, Codhes said.”
http://www.laht.com/article.asp?ArticleId=346483&CategoryId=12393
As students moved to protest neo-liberal reforms of the education sector, a parallel process to terrorise them has emerged — see Freedom and Rights at Colombian Public Universities:
“If you are a student, a teacher or simply interested in knowing the truth of what is really happening at the Public University in Colombia, please help us to distribute this website worldwide, among your fellow students, your neighborhood, or your friends.”
http://www.tlaxcala.es/detail_artistes.asp?lg=&reference=359
See also Public Universities Under Attack in Colombia:
http://www.cautbulletin.ca/en_article.asp?articleid=1574
@Frances
An excerpt form the link Adam C provided…
“The only monetary system that seems to have worked in history is one which is backed by the goodwill of a government and is debt free, such as President Lincoln’s, “Greenbacks.” Fortunately, the Nobel Peace Prize winning economist, Milton Friedman came up with an ingenious solution of wresting back control of the money supply from the bankers, paying off all outstanding debt, and preventing inflation or deflation whilst this process is completed. I summarize this below.
Using America as the example here, Friedman suggests that debt free United States notes be issued to pay off the United States Bonds (debts) on the open market. In conjunction with this, the reserve requirements of the day to day bank the regular person banks with, be proportionally raised so the mount of money in circulation remains constant.
As those people holding bonds are paid off in United States notes, they will deposit the money in the bank they bank with, thus making available the currency then needed by these banks to increase their reserves. Once all these United States bonds are paid off with United States notes, the banks will be at 100% reserve banking instead of the fractional reserve system and then fractional reserve banking can be outlawed.
If necessary, the remaining liabilities of financial institutions could be assumed or acquired by the United States government in a one-off operation. Therefore these institutions would eventually be paid off with United States notes for the purpose of keeping the total money supply stable.
The Federal Reserve Act of 1913 and the National Banking Act of 1864 must also be repealed and all monetary power transferred back to the Treasury Department. The effects of this will be seen very soon by the average person as their taxes would start to go down as they would no longer be paying interest on debt based money to a handful of central bankers.
A law must be passed to ensure that no banker or any person in any way affiliated with financial institutions, be allowed to regulate banking. Also the United States must withdraw from all international debt based central banking operations ie. the IMF; the BIS; and the World Bank.
If all the countries of the world adopted the conclusions above, then humanity will at last be free of these central bankers and their debt based currency. It’s a lovely idea, but first we have to get it past our corrupt politicians many of whom are quite aware of the scam that plays us on a daily basis, however rather than do the job we have elected them to do, they keep their mouths shut and instead look after themselves and their families, whilst the rest of us continue to be exploited.”
You disagree?
Dedo
In Amurika, we spell that stratgery
@francissnoot. they used french fries and french wine to help the war effort. no shit man. i would not lie to you.
@Phil
Just finished watching Rollerball(1975) and Soylent Green(1973). With the FF function of course. Boy does life ever imitate art more than the other way round if I may loosely use a quote.
Is this what the Fat Cats have in store for us cattle/sheep? Forced to be eating each other or bashing in your opponents brains just so the Corporate elite can have their blue hair and little white pills? All the while plying their psychology on you till you go numb and really believe you are insignificant.
Bring on the Zombies. This is going to get fun.
@RonRon:
Google “it”?
@ stacyherbert,
Late response on the UCLA fees protest and the liquidation of the Iraqi professional classes, both mentioned in TAM 1080:
http://maxkeiser.com/2009/11/21/1080-the-truth-about-markets-london/
See Colombia for a fusion of the two creating student debtors and eliminating the critical faculties provided by a professional/intellectual class, especially those active in trade unions:
“Entitled Colombia’s Classroom Wars, it reveals a horrific litany of rights violations including murders, disappearances, torture, death threats, forced displacement, arbitrary detention, and more.
“According to the Colombian National Trade Union School, in the period between 1999 and 2005, there were 1,174 trade unionists reported killed throughout the world. Of those, 816 were Colombian.
“What is less well known is that more than half — 416 of them – were teachers or education workers, Novelli reports. The vast majority of these assassinations are attributed to right-wing paramilitary organizations with links to the Colombian state. Virtually all of the perpetrators have committed their crimes with impunity.”
http://www.ei-ie.org/en/news/show.php?id=1099&theme=rights&country=colombia
Most recently:
“Teacher Ramiro Montes was killed and one of his colleagues wounded, while the driver of the vehicle remains missing, Codhes said.
The activists were en route to a meeting with a humanitarian mission sponsored by the United Nations, the National Ombudsman’s Office and Colombia’s Catholic bishops conference.
The mission is in Cordoba to “verify the situation of the displaced population” in the Sinu and San Jorge river basins, Codhes said.”
http://www.laht.com/article.asp?ArticleId=346483&CategoryId=12393
As students moved to protest neo-liberal reforms of the education sector, a parallel process to terrorise them has emerged — see Freedom and Rights at Colombian Public Universities:
“If you are a student, a teacher or simply interested in knowing the truth of what is really happening at the Public University in Colombia, please help us to distribute this website worldwide, among your fellow students, your neighborhood, or your friends.”
http://www.tlaxcala.es/detail_artistes.asp?lg=&reference=359
See also Public Universities Under Attack in Colombia:
http://www.cautbulletin.ca/en_article.asp?articleid=1574
A similar process of liquidation appears to have begun under the Honduran coup regime:
[2009-08-04] Teachers killed in violent repression in Honduras
“Escalating violence in Honduras against those protesting the military coup of 28 June has left two teachers dead: Roger Abraham Vallejo and Martín Florencio Rivera. …
“Primary school teacher Roger Abraham Vallejo, a 38-year-old member of the union COPEMH, was shot in the head on 30 July during a demonstration. Another teacher, member of the COPRUMH, Martín Florencio Rivera, died after being stabbed 27 times when he left Vallejo’s wake. Saturnino Sanchez, president of another EI member organisation in the country, COLPROSUMAH, was severely beaten. …”
http://www.ei-ie.org/en/news/show.php?id=1079&theme=rights&country=honduras
[2009-09-25] Another teacher killed in post-coup violence
“… The latest on the death toll was secondary school teacher Felix Murillo López, 36, and member of EI’s affiliate COPEMH. He died on the evening of 17 September, National Teacher’s Day, as a result of a hit and run while he was riding his motorcycle home from the union office. He was dead on arrival at Hospital Escuela in Tegucigalpa.
His worried family members had reported his disappearance to the police but, because his personal documents were missing, Murillo’s body remained unidentified until 24 hours later when his brother visited the morgue. The police have launched an investigation upon suspicion that the crash may well have been intentional. …”
http://www.ei-ie.org/en/news/show.php?id=1098&theme=rights&country=honduras
http://www.teachersolidarity.com/blog/?s=honduras
I’d suggest US students need to become a little more engaged. In Colombia or Honduras they can see what might be coming down the line if the US society and economy continues along neo-liberal/corporatist lines, as applied in under US tutelage in Latin America (ever since the neo-liberal Chicago School took the reins in Chile under Pinochet).
There’s a world outside that tends to cut through most pseudo-intellectual theories. The truth about markets for cocoa, cocaine, coffee and bio-fuels markets means land clearances for rural colombians, who are forced to become cheap labour in other markets or else rot in poverty:
RIZ KHAN: Colombia’s displaced millions
http://english.aljazeera.net/programmes/rizkhan/2009/11/2009112385521977152.html
@FransisSnoot. google it. you can’t make this shit up
@Palantíri .. oh noooo… we’ve already debunked that video once on this site!
Yeah , but it was pretty funny !
@Dedo. i live in canada and i can’t beleive what i see. worrysome. but i think the unreal is in europe as well. look what happened to ireland in five years. they must have been dumb fucks. you cause euphoria,dept, then move the jobs. bingo
“Who would have thought that Milton Friedman, Hugo Chavez and Pope Pius XI were fellow warriors against the Banksters.”
REALLY CRIMINALLY STUPID PEOPLE
they poured lovely french wine down the the drain on tv
CRIMINAL STUPIDITY!
@ palantiri. check out Dr. Berninger
@ronron,.. this is what america is. bunch of stupid fucks.
Don’t fret,. all western culture is the same. I read somewhere, it’s actually a war strategy (western culturization)
Quite the science ! : (
@Dedo:
Don’t forget: room for Ma and Pa, oh, and Cleetus. Cleetus makes for good ballast if’n ya put down to sternside. And we can leave the pigs to home.
Tell MotherEarth I rightlypreciate it and sure nuff to take him up on the offer. He’d get used to us fur sure and learn to mind his manners round Ma.
@mrunemployed. he did 2 new videos today. i am impressed by this man.
@ronron – yep, I read/listen to what stacy and max puts out, but I need more drugs…
@Phil – oh noooo… we’ve already debunked that video once on this site!
ronron
R U referring to this:
http://www.youtube.com/watch?v=7Kcr_Mre_iU
How governmental spending destroys YOUR JOB
@mrunemployed, have you watched Dr. berninger on you tube.
@LOL .. check out @ 3:51 minutes
http://www.youtube.com/watch?v=4UhAohTstK0&feature=related
ronron
No problem, man!
@mrunemployed. we must have been typing at the same time. the question was yours but i could not resist.
2
ronron
Do all geniuses think alike?
@Adam C
Great link to the ‘Money Changers’.
Who would have thought that Milton Friedman, Hugo Chavez and Pope Pius XI were fellow warriors against the Banksters!
And good to read an article with a solid UK perspective. I’ve read lots about the US Federal Reserve in the ‘alternative media’, which in turn leads to a better understanding of US issues, but not so much the Bank of England and UK issues
I haven’t met many Brits who knew, wrote about, or cared about Fractional Reserve Banking etc.
I’m still getting my head around the fact that Milton Friedman had an answer to all our bankster woes. When I hear his name, I immediately think of Ronald Reagan and Margaret Thatcher and the financialisation of our economies.
In summary – is he one of the good guys or one of the bad guys?
@dedo, freedom fries were a replacement for french fries during the lie up to the iraq war. this came out of congress and plastered all over tv news. they poured lovely french wine down the the drain on tv. the americans ate it up. it helped with the invasion of iraq, you can’t make this shit up. this is what america is. bunch of stupid fucks.
LOL .. Citi of all banks !
Citi: The Commodity Collapse Could Be “Subprime Part II”
http://www.businessinsider.com/citi-heres-the-nightmare-scenario-for-commodity-bulls-2009-11
Dedo, I forgot you are on the other side of the pond.
Due to the lack of French enthusiasm during the run-up to the Iraq war in 2003, right-wingnuts in the US scorned all things French and petitioned that french fries be renamed freedom fries.
Mr Unemployed,..What are “Freedom Fries” ?
I’ve only got the hot dogs, but I’m sure I can make up the deal with a bit of scouting!
@adamc. could you use a different picture in you profile,
Absolute Proof the Apollo 11 Moon Landing was a Hoax! {1of4} [HQ]
http://www.youtube.com/watch?v=gklYTOfyePo&feature=sub
@palant’iri. fasten your seatbelt and do all your reading here.
Dedo, you never answered my question-
Hotdogs include freedom fries?
Do anyone have an opinion about these books and if read which of them is more recommended?
Open for alternatives as well. Subject history/money
James Buchan – Frozen Desire, Meaning of Money
Glyn Davies – A History of Money, From Ancient Times to the Present Day
Catherine Eagleton – Money, A History
Also I am searching for books on the subject of electronic money/digital money/virtual money/future money.
As I don’t expect any of these books to be translated I hope it is written more for the lay person as those are easier to read.
Any advice to be given?
@Stacey. he is just down the road.
@ Richard Head M.D.
Next time I do the pledge.
@Stacey. i think Dr. Berninger would be an excellent guest on on the edge. first on on on.
The shame of it all is that the vast majority of americans can be hipnotized with three words….. Yes We Can….No New Taxes…Etc.
The predator of last resort.
The BoE’s £61bn fraud against the city and taxpayers (24Nov09)
http://www.youtube.com/watch?v=HvXtfuh1eCE
“I hope that after I die, people will say of me: That guy sure owed me a lot of money” – Jack Handy
Bank gave RBS and HBOS ‘secret’ £62bn loan
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article6929451.ece
‘RBS began tapping the Bank for liquidity on October 7 and at its peak borrowed £36.6 billion. It paid back all the money by December 16. Both banks eventually provided the Bank with collateral with a value in excess of £100 billion. They were also charged fees by the Bank.’
Fees? I wonder where those went.
’1946: The Bank of England was nationalized, which might seem at first sight to be a far reaching measure, but actually made little difference in practice. Yes, the state did acquire all the shares in the Bank of England, they now belong to the Treasury and are held in trust by the Treasury Solicitor. However, the government had no money to pay for the shares, so instead of receiving money for their shares, the shareholders were issued with government stocks. Although the state now received the operating profits of the bank, this was offset by the fact that the government now had to pay interest on the new stocks it had issued to pay for the shares.’
The History of the “Money Changers”: Bank of England Nationalisation
http://www.iamthewitness.com/books/Andrew.Carrington.Hitchcock/The.History.of.the.Money.Changers.htm
@Fellow Fringe Dwellers
Am feeling quite big picture-ish this evening, so decided to watch this again…
http://www.youtube.com/watch?v=mcBV-cXVWFw
A wonderful 6.38 video clip that always helps me gain a sense of perspective when ‘stuff’ is getting in the way.
Hope you enjoy it too!
“Citizens of the United States, citizens of the world, I wish to bring you a message tonight of hope and dreams and most of all assurance. Decades ago one of my heroes uttered those famous words of ‘the only thing we have to fear is fear itself’
The Day The Dollar Died Part 3
http://bit.ly/5oDp23
@Frances….If I could I’d buy a sailboat and get out to sea right now.
MotherEarth has one,..just gotta find out where it’s moored!
I’ll get Sharon on it : )
@phil. they can store it at my house. i have an 10 by 12 room that is half empty.
@phil. this is to make people think that gold is a bubble. there is no way they are out of room. i bet this was all over tv news.
Frances, yeah get it now, bit slow this morning, not enough coffee.
Must rush off to work now, thanks y’arl for the good links and discussion.
Oh and Bonn before you depart “too cun many”
@PHil
i didnt see you posted that already – i guess that goes to show what an interesting read it is. I read it before i fell asleep last night. Very good
@yall
You guys/girls might find this interesting
http://www.lewrockwell.com/quinn/quinn18.1.html
Its a great read
Also (science geeks) Famous episode Cosmos: Who Speaks for Earth? – Watch the full episode now. http://bit.ly/6D0CJP
HSBC has told retail clients to remove their small holdings from its fortress beneath its tower on New York City’s Fifth Avenue. The bank …
…HSBC is telling clients to either move their metal, or prepare for it to be delivered to their doorsteps. In a July letter, seen by The Wall Street Journal, HSBC said the precious metal “will be returned to the address of record… at your expense,” unless instructed otherwise. HSBC recommended clients move their holdings to Brink’s Global Services USA Inc., which has a vault in Brooklyn, N.Y. Brink’s didn’t return calls and emails seeking comments.
Like Mr. Beyer, many investors have recently added precious metals to their retirement accounts. At GoldStar, more than 1,000 new accounts are opened each month to purchase coins in retirement plans, compared to about 100 a month in 2006. Sales of American Eagle gold coins jumped 65% so far this year, according to the U.S. Mint.
“Many facilities are overloaded,” says Bob Coleman, director of customer relations at Gold Silver Vault, a depository in Nampa, Idaho. Mr. Coleman says his vault has taken in several HSBC customers, contributing to the 500% growth in new metal coming in over the past quarter….
http://online.wsj.com/article/SB125902295608261455.html?mod=mktw
All You Zombies
http://www.lewrockwell.com/quinn/quinn18.1.html
@OP
DDD was my own euphemism for the pair: Suzy Ormen and Sheila Bair!
http://www.zerohedge.com/article/zero-hedge-loves-sanity-suzes-blue-blazer
IMO?
I would suggest getting really chummy with someone in the sdr-sovereign wealth game. I don’t know what they are up to, but it is all insiders from last week Sunday. All run through the IMF: you know, Invitation Only.
Life exists within the sdr basket for now. That’s why China is not floating the yuan.
If I could I’d buy a sailboat and get out to sea right now. Maybe piracy is the new normal?
A marriage made in HELL
Microsoft Offers to Pay News Corp to “De-List” Itself from Google
http://finance.yahoo.com/tech-ticker/article/377926/Microsoft-Offers-to-Pay-News-Corp-to-%22De-List%22-Itself-from-Google;_ylt=AgaQSDKV1otnQ_T.OtGG.8Fk7ot4;_ylu=X3oDMTE4Y3FqYmk1BHBvcwMxNzMEc2VjA2FydGljbGVMaXN0BHNsawNtaWNyb3NvZnRvZmY-?tickers=msft,nws,goog,^ixic,qqqq
@stacey. like you have said over and over it’s all about the fees for making the loan. when your lending sucker investors money and not your own, you can’t lose.
FRONTLINE Presents
THE CARD GAME
Tuesday, November 24, 2009, at 9 P.M. ET on PBS
http://www.pbs.org/frontline/creditcards
As credit card companies face rising public anger, new regulation from Washington and staggering new rates of default and bankruptcy, FRONTLINE correspondent Lowell Bergman investigates the future of the massive consumer loan industry and its impact on a fragile national economy.
In The Card Game, a follow-up to the Secret History of the Credit Card and a joint project with The New York Times airing Tuesday, Nov. 24, 2009, at 9 P.M. ET on PBS (check local listings), Bergman and the Times talk to industry insiders, lobbyists, politicians and consumer advocates as they square off over attempts to reform the way the industry has done business for decades.
“The card issuers could do anything they want,” Robert McKinley, CEO of CardWeb.com, tells FRONTLINE of the industry’s unchecked power over consumers. “They could change your interest rate. They could impose an annual fee. They could close your account.” High interest rates along with more and more penalty fees drove up profits for the industry, Bergman finds, as the banks followed the lead of an aggressive upstart: Providian Bank. In an exclusive interview with FRONTLINE, former Providian CEO Shailesh Mehta tells Bergman how his company successfully targeted vulnerable low-income customers whom Providian called “the unbanked.”
-more at link
@Frances, looked twice but didn’t see it
Also a question regarding one of your previous posts on currency and ‘commodity backing’ being unrealistic, what would you suggest?
@phil, you asked some time ago about the Vietnam conscription, we in oz gave everyone a sporting chance & pulled lotto balls out & if you were born on that day/month you would go and become a psycho. I was too young thank fully, to go to Nam anyway.
Heads up, soon time to rock & roll!
http://www.grindtv.com/video/surf/alana_blanchard_1/#46335
just like waves I predict that all prices in World markets will continue to fluctuate.
“Always be alert when a person waves their hotdog in your face Frances”
Thanks for the advice, OP. Will do.
Did you see DDD on zerohedgelink? Double Dyke Dose.
@frances snoot … You are going to love this!
LOL .. priceless.
Honestly, I thought it was a comedy show like SNL at first, and then I noticed the FDIC.gov channel.
Holy smoke !
can’t stop thinking that dedos hotdog is a euphemism for…
Always be alert when a person waves their hotdog in your face Frances
Uncle Mervyn confesses UK banks got secrect 61billion pound loans to stay afloat…
http://www.thisislondon.co.uk/standard/article-23774326-bank-of-englands-secret-pound-61bn-loans-to-save-banks.do
@Phil:
You are going to love this!
http://www.zerohedge.com/article/zero-hedge-loves-sanity-suzes-blue-blazer
@ Dr. Richard Head
And Justic for All, 1979 Al Pacino
http://www.megavideo.com/?v=82CPLBFG
Click on the red arrow, then click again when it turns green.
@Phil & Michael le Couteur MSCD retd
Sorry, couldn’t find Rollerball
regarding house prices in london :
Many people that i have spoken to are happy and content with the state of the uk economy as the monthly amount they are paying on their mortgage has gone down .
What has to happen for the uk interest rate to go up and will it ever go up over next 5 years ?
cheers
Some charts on Gold vesus USD, EUR, JPY…
Compliments of bbbeijing from Investor Village :
PoG broke the ATH in Pounds; poised to break to ATH in Euro, JPY.
Folks,
While PoG continues to make new All-time Highs in US$,
what is gold’s showing versus various FX in its latest upmove?
Below very basic factfinding indicates so far gold is the clear winner of the currency wars..
Euro
http://stockcharts.com/h-sc/ui?s=$GOLD:$XEU&p=D&yr=3&mn=6&dy=0&id=p86377315972&a=125266110&listNum=3
Pound Sterling
http://stockcharts.com/h-sc/ui?s=$GOLD:$XBP&p=D&yr=3&mn=0&dy=0&id=p86377315972
Japanese Yen
http://stockcharts.com/h-sc/ui?s=$GOLD:$XJY&p=D&yr=3&mn=0&dy=0&id=p86377315972
Given the importance of these three international currencies and the fact that PoG is poised to break-out in all three at the same time, a major break-out in either three FX is almost a given.
GBP. PoG already hit new ATH in Pounds, where relatively speaking, it had been putting up the strongest resistance to gold’s move, see 60 days performance below;
Euro. If US$ and or JPY strengthen, PoG will likely hit new ATH’s in Euro’s;
JPY. If US$ further weakens, PoG will hit more ATH’s in US$, most likely taking the other three alongside for the ride into ATH territory in all four major currencies simultaneously.
http://www.investorvillage.com/iv2/smbd.asp?mb=144&mn=34292&pt=msg&mid=8221834
@Michael Le Couteur MSCD, ret’d
Good old James Caan .. when he used to play the good guy !
@Phil
Rollerball(1975). I cannot believe I forgot that one. And I own the DVD. (ashamed, he stands alone in the rain for an hour)
Now I have to watch it. Again. See you in two hours and five minutes.
OOPSEY, daisy, Dedo. Looks like the EU is going to ban hotdogs as being fatty!
Cleetus says he loves em with Mountain Dew!
http://www.breakitdownblog.com/wp-content/uploads/2007/11/fat_redneck.jpg
Study: CEOs cashed in before Wall Street meltdown
…The CEOs of Bear Stearns and Lehman Brothers, the two investment banks that collapsed during last year’s financial meltdown, walked away with hundreds of millions of dollars in compensation even as the company’s shareholders lost everything, says a new report from Harvard Law School.
The top five executives at Bear Stearns made a total of $1.4 billion from bonuses and equity sales between 2000 and 2008, while the top five executives at Lehman Brothers made around $1 billion during that same period …
…
…
http://rawstory.com/2009/11/nbc-ceos-cashed-in/
@Dedo:
LOL!!!!!!!!!!!!!!!!
@Frances,…..You won’t be so fussy when the shit hits the fan,.and I’m waving my big hot dog in your face !! ; )
@Dedo:
I want those freedom fries Mr. Unemployed was asking about! WITH KETCHUP.
@Phil:
Yes, you are right about the hunger already occurring: but it will seem only like a walk in the park compared to what’s coming. I don’t think fractional reserve banking was the fault for the criminal end to our country. IMO it was a direct result of the criminal monopoly on currency foisted upon the nations through the justification of war for ideology sake.
Kunstler says that capitalism is not an ideology. Well, neither is peak oil. There are many perspectives and Dedo is right that no one holds truth alone. But the fact is that the ones opening our mouths wide to swallow a shared truth aren’t planning on giving us anything much else.
My house has been on the market for a few months, and looks as though it will sell (small house in London, nothing fancy at all).
We’re planning to rent for 6 months, but in meantime any thoughts on where to keep the money? Which banks are safe? How much in gold?
@frances … The Plan all along
Agreed, it’s not “just” the US.
The core problem has always been Fiat Money abuse – Thx to the FED & Co. and the political elites.
BTW ..we already have mass hunger & starvation, it’s just not talked about because it might reveal the cause.
The Club of Politicians is global.
Whether they presented as corrupt by MSM or not , most of them are on the take IMO.
The thing the crash will precipitate will be mass starvation and deprivation worldwide. But that was part of The Plan all along.
Yeah,..anyone want to buy any hot dogs yet? : )
@Phil:
It is not only America that stands guilty before the tribunal of ineptitude. Kunstler ignores the entire G20 structure of global governance. He writes on a level just below the kitchen sink.
The entire governance structure to run the US for the globalists is set up as a scaffolding. The Stimulus is the legal frame to gas the machine.
Do you think the international bankers are going to leave their investments in the hands of inept politicians? Obama partied hard, knowing the system was set to crash as an eventuality. He signed the Stimulus in Denver with nine pens as a symbolic entry into our place in the global empire.
The thing the crash will precipitate will be mass starvation and deprivation worldwide. But that was part of The Plan all along.
I pledge allegiance to the banks of Wall Street America
And to the fascism for which it stands
One nation under debt, un-payable
With slavery and injustice for all.
tata everyone
Nice meeting u guys but i aint posting anything anymore @Phil n @ Snoot and @Youri was really nice ya guys
@Michael Le Couteur MSCD, ret’d … I cannot wait for the actual “Running Man” or “Hunting Pedophiles” games shows to start showing up.
Rollerball was the first film I saw that made this clear.
Pretty far ahead of it’s time. The ’70s IIRC.
@norcalkid .. Kunstler .. he is so right.
WS needs to crash
The banks need to crash
Only then will people wake up and ask why , instead of watching those highly and over-paid talking heads spouting their puke.
@Phil
“The problem is that the Sheeple are still watching MSM for their information.”
…. and watching American Idol, Dog the bounty Hunter and a myriad of other mental distractions.
I cannot wait for the actual “Running Man” or “Hunting Pedophiles” games shows to start showing up.
To bad you will have to get someone other than Arnie to be involved in the “Running Man.” He will be busy running on the 2012 ticket with Cariboo Barbie. Do not concern yourself with where he was born. It just does not matter in the United States of Facist America.
Prestident Ken and Barbie.
From Kunstler’s Monday Clusterfuck Nation essay:
http://kunstler.com/blog/2009/11/courting-convulsion.html
“We are seeing a comprehensive failure of leadership in every sector and every level of American life – in politics, business, banking, education, news media, medicine, and the clergy. All are determined to pretend that we can somehow continue the habits and behaviors of the pre peak oil era. They are all unwilling to face reality, and are all engaged in mutually supporting each other’s dangerous fantasies.
If we don’t attend to the transformation of American life by downscaling our activities and changing the way they are carried out, and re-localizing them, we will see our society disintegrate – and I use the word “dis-integrate” with purposeful precision. Everything will come apart – our political arrangements, our households, our health and well-being.”
http://clearstation.etrade.com/cgi-bin/bbs?post_id=9220273
and the K 2 oil field is near Tikrit that were i use too have Juice in 79
Ya know why K2 in Iraq is called K2
?
its because it was the way they named thier Oil Field’s
K1 , K2 , K3 ……. Didnt know that no ?
System broken… “Step right up, folks, getcher torches and pitchforks right here.”
@Stacy … The gross injustice in our nation today is that over the last twenty years we have increasingly forced borrowers who take out bad loans to not only go bankrupt but be unable to discharge their debt, so long as they are individuals. The corporate bankrupt, however, maintain their “corporate veil” and thus can file Chapter 11 – or 7 – with impunity….
Yes, and Bush made sure jingle.post was abolished , to please his banking friends.
Denninger only goes so far … and seems to still be trying to defend the system which is hopelessly flawed.
I prefer Max’s view in terms of a rebirth of the whole system , and of course , all the old establishment actors JAILED for life.
I do NOT mean JUST the Banksters of course, but all those that conspired together with them … right to the top.
A Pitchfork revolution would be the healthiest option IMO !
The problem is that the Sheeple are still watching MSM for their information.
Hi everyone!