[VIDEO] Max Keiser on dollar: Buffet’s toilet paper opium for China

Stacy Summary: Max has been busy this morning!

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Barofsky says TARP ‘Almost Certainly’ Will Bring Losses to US Taxpayer

Stacy Summary:  Fraud is the system.

“When I first took office, I can’t tell you how many times I’d be having a sit-down and warning about potential fraud in the program and I would hear a response basically saying, ‘Oh, they’re bankers, and they wouldn’t put their reputations at risk by committing fraud,’” he said.

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[PROMO] On the Edge – Today at 16.30 GMT

Stacy Summary: You can tune in live via Livestation or via stream on Presstv.com.

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A second American stimulus and an empty Chinese city

Stacy Summary: Good morning. I see more government printing in the news this morning. And, this news is, despite what Cramer says, the bad news cause of gold rising. What are you reading?

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Cramer gives three reasons why he is the dumbest man in finance

Stacy Summary:  This is the sort of article that Mish excels at dissecting, so I hope he does that.  But, in the meantime, I think Cramer’s own statements are comment enough on just how stupid he is.

  1. Rising gold means weak dollar, which is good for business
  2. Rising gold suggests deflation is not a problem
  3. Rising gold indicates signs of reflation, so prices should recover
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[1077] The Truth About Comments

Stacy Summary: A possible new weekly show just for MaxKeiser.com

For more download and listening options, visit Archive dot org

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Ireland’s 54 bil euro gamble & White House tarps TARP

Stacy Summary:  It grows more evident every day that the global economy is truly in the hands of jokers.

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Barrick: World’s gold supply running out

Stacy Summary:  This is why they closed their hedge book . . .

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Currency Jibber Jabber

Stacy Summary:  Reading from Mish that he thinks the yen is worst currency to have and will have a crisis before the dollar; and from Martin Hutchinson that he thinks UK is country most likely to default first.

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Let them eat cake because “we don’t want to be surrounded by tenements”

Stacy Summary: My mother was a scientist for Pfizer, so I spent many a childhood summer day at this facility in Groton.  The whole area smells like a giant petri dish but one could hardly classify anywhere in this area as having ‘tenements’ . . . unless, of course, you are one of the select Marie Antoinettes that live off the increasingly generous government purse.

But Pfizer executive David Burnett thought New London needed to do some more cleaning. “Pfizer wants a nice place to operate,” the Hartford Courant quoted Burnett in 2001. “We don’t want to be surrounded by tenements.” The old Victorian houses in the Fort Trumbull neighborhood next door did not match Pfizer’s vision – a high-rise hotel or luxury condominiums would be more fitting.

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[1076] The Truth About the Sea Shepherd, Oma Tuna & Somali Pirates

Stacy Summary: Truth About Markets, New Zealand.   November 11, 2009

For more download & listening options, visit Archive dot org

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Tavakoli: Goldman’s Undisclosed Role in AIG’s Distress

Stacy Summary:  And, of course, Goldman’s undisclosed role will not be examined by Congress or one of the commissions designed to investigate how this ‘mysterious’ financial collapse happened.

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Morning Golden Jibber Jabber

Stacy Summary:  Morning!   Any headlines that make sense of continuing strength in gold / weakness in dollar.

Gold at 1117

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Afternoon Jibber Jabber

Stacy Summary:  You know what to do . . . jibber jabber.

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