Downgrades, Debt Swells, and Derivatives

Stacy Summary:  The debt crisis morphs and grows.

Share this page via FacebookShare this page via Twitter
Buy Gold Online

213 Responses to Downgrades, Debt Swells, and Derivatives

  1. “Woman who created the CDS, key architect of planned carbon derivatives market ”

    “I KNEW IT !!!!!!!!!!!!!!!!!!!!!!!!”
    RODFL got a sevre Virus attack sorting it out
    LOL there are snooping S/W they only gonna find Porn RODFL

  2. @AAA ratings -

    So basically, they adjust the rules as they go along? ‘Resilient’ is code for cannot downgrade under any circumstances.

  3. This derivatives story demonstrates a common approach where a crime is clearly announced in order to stall any response. Derivatives will be the core of cap and trade! No, of course excessive leverage on a weakly linked asset (carbon unit) in an environment where some units spring from avoided emissions is a recepy for unimaginable fraud and distortion of competitive positions. The monetary surplus it creates will drive consumption and industry and destroy the planet in a hurry..These money horny derivatives manufacturers should be jailed for genocide.

  4. Phil /Germany

    @Mother … These money horny derivatives manufacturers should be jailed for genocide.

    LOL .. you mean ALL of WS ?
    ;-)

  5. William of the North

    Hey has anyone noticed the price of Gold is going down? Is this the deflation that everyone is talking about?

    What’s going on Stacey and Max?

    A flight to crap……errr……. I mean safety???

  6. @Mother Earth – I see the derivatives story as what happens when we have a situation where the climate is changing and so SOMETHING will have to be done; but because the people are engaged in their MSM media backed red teams and blue teams, they have no say in what is done; bankers, in the meantime, are busy concocting their own plans. The same thing happened when people marched in the street to stop the war(s) while Fox and other networks had all sorts of screeching cheerleaders for war and everyone was focused on this debate between the ‘surrender monkeys’ and the ‘with us or against us crowd,’ bankers and military industrial contractors were calmly making deals to profit.

  7. @William of the North @Mike/Liverpool – you guys sound like freaked out day traders; last year at this time gold was $700, it’s now $1147; to some that looks like an up market, to you it seems you see collapse and mayhem? they are just little squiggly lines up and down up and down, you have to step back and look at one, five and ten year charts and those little squiggles turn into less volatile lines

  8. Phil /Germany

    @William of the North .. Gold down ?

    Explained in previous posts .. FED wants debt auctions to work. BTW.. not so much down in other currencies, just US$.

  9. William of the North

    @ Stacey,

    Speaking of freaked out day traders…… I’m looking at another piece of land near the ocean water front that I just bought. How far above sea level do you think I should buy this one? (apparently all the ice is melting on the planet and the world is going to flood…. I heard that somewhere)

    When the seas rise; how high are they supposed to get? 2 ft? 10ft? 1000ft?

  10. Arrhhhhhh,….what’s happening to Gold ,..and the pound is falling against the dollar,..and Dubai,..arrhh,..what’s happening to the price of hotdogs,…arrh,.. (I’m a freaked out day trader!) : )

  11. William of the North

    @Phil/Germany,

    Don’t worry; I’m not selling my gold. I’m hoping to buy more actually?

    It’s hard to tell, but I’ve been smiling while I have been typing the last 3 posts.

  12. RODFL
    the attack is comming from
    Hostname: 144.187.155.193
    ISP: Motorola MNIC
    Organization: Motorola MNIC
    Proxy: None detected
    Type: Corporate
    Country: United States
    State/Region: IL
    City: Schaumburg
    Latitude: 42.0564
    Longitude: -88.0725
    Area Code: 847
    RODFL
    ;-) woah its a multple attack from different comps RODFL
    ;-)

  13. people are engaged in their MSM media backed red teams and blue teams, they have no say in what is done; bankers, in the meantime, are busy concocting their own plans.

    @Stacey
    Well said. Very good description of the forest.

  14. Gonna shift to Linux 100 %

  15. @William of the North – depends on how old you are and how good a swimmer you are . . .

  16. @s.herbert
    personally I find all that ‘strong hands and weak hands’ talk a little creepy… I constantly have to remind the avatar me “Like in cards… a strong hand , LIKE IN CARDS!!!”

  17. @Super – well, call it what you like, Uncertain Investor in a certain share or commodity vs Determined Investor; Short Term vs Long Term; weak hand is merely implying that it is someone who folds quickly, let’s go of his/her investment and the ‘strong hand’ hangs on . . . which is not necessarily the best option, for, of course, many ‘strong hands’ hang on all the way to the deep, deep bottom . . . while the ‘weak hand’ would have gained by selling so quickly

  18. @s.herbert
    cheers… now I’m finding you a little creepy!!!

  19. …a woman! What! Did Kenny-boy-Lay go all the way and get his schwing-schwing removed??

  20. Charles Lindbergh’s – September 11, 1941 Des Moines Speech

    http://www.youtube.com/watch?v=K_F48oaOskI

    personally, i found this thought provoking, particularly if you’re aware of the speakers background

  21. Phil /Germany

    Video : Meredith Whitney Continues The CNBC Doomsayer Tour

    http://www.zerohedge.com/print/39214

  22. ps can some one please xplain to me the cap and trade idea at least – though i dont believe in GW i do not necessarily thinkg c&t will be negative in the L-term because i dont know enough about it……

  23. Stacy, I may have mentioned this before, but have you read Gillian Tett’s “Fool’s Gold”?
    She goes into some detail about Masters.
    Great read.

  24. frances snoot

    ” I see the derivatives story as what happens when we have a situation where the climate is changing and so SOMETHING will have to be done”

    Something SHOULDN’T be done by the criminals that orchestrated the financial collapse. The besotted supporters of the Copenhagen conference are just as much in the play of the elite as the American teabaggers. To blame Americans who are naive is to ignore the entire schema of the operation. It is possible that the problem itself was set up to deliver a solution which adequately protects the criminals while maintaining an aura of scientific respectability. If the causal agent behind changes being recorded in the climate is not agreed upon by scientific concensus, then proceeding to blunder ahead with SOMETHING will play directly into the hands of the criminal currency cartel.

    SOMETHING may not be the solution. The fact remains that the elite are manoeuvering towards a post-industrial world. The ideal has been in the elite manuscript for ages. The sordid climate exchange will be the catalyst for elite desire.

    To blame this orchestrated and elite-sponsored agenda upon some dopey American protestors is rather myopic.

  25. frances snoot

    Arrhhhhhh,….what’s happening to Gold ,..and the pound is falling against the dollar,..and Dubai,..arrhh,..what’s happening to the price of hotdogs,…arrh,.. (I’m a freaked out day trader!) : )

    WEEHOOO Time for the redneck family to visit London!

  26. I think I got it sorted out man If I ever meet Bill Gates
    ;-) RODFL hes gonna get a mouth full from me Inferior stolen crapy product .

  27. Phil /Germany

    @Bonn .. US products

    I mean, if the CIA helped develop XP and Vista, what do you expect ?
    ;-)

  28. @Stacy

    You are right, the MSM fed public only waves their senseless ‘clubs’ thinking they are winning a fight, but all they do is allow others to goat them wherever they want. Dumbing down is a management strategy…The industry has seen this coming for thirty years (take for instance the car manufacturers memo), and they have layed out the least effective roadmap for measures to be accepted, one by one with a struggle, all to just keep going. This however is only the US/UK axis that currently seems to be under multilateral assault. It the leveraged carbon market is cancelled the next thing they can try is simply make all cooperation fail and expliot weak governance. The planet remains on the menu until you kick the suits out of the kitchen..

    If a derivatives friendly deal comes out of Copenhagen China is unlikely to cooperate, and Europeans are unlikely to respect the created leverage.

    @Phil

    I think there should only be one derivative, the commodity future, to be issued by the farm, mine or well, whatever it may be for finance the net crop. Only tradable once. No need for suits whatsoever.

  29. I heard Apple’s S/W is kick ass gonna Search for it Wink Wink RODFL ;-)

  30. Last night, some friends and I were chatting about making a parody of The 12 Days of Christmas. I came up with the following lyrics.

    Too bad I didn’t think of this sooner. I could have this recorded and out there just in time for the Christmas season.

    In the twelfth month of office Obama gave to me _

    Cabinet full of tax cheats,
    More domestic spying,
    Acorn fraud for voting,
    Unemployment rates a reaching,
    Wall Street thieving,
    Cash for clunkers clunking,
    Cap and trade for breathin_,
    Government Owned Chevyyyyyyyyyyyyyyyy,
    Trillion dollar debts,
    Dollars for a printing,

    Socialized healthcare,
    And a bankrupt FDIC.

  31. Microsofts own servers Run on Linux RODFL ;-) talk about faith in the product ya Dish out

  32. @ Alister

    Cap and Trade is a process where WS investment houses form markets to allow big business to trade derivatives allowing big business to avoid doing anything with real CO2 pollution.

    It will allow WS and big business to skim and scam profits directly out of small business and government (taxpayer) coffers essentially at the expense of everyone.

    This would be regardless of weather you agree with AGW or not. Which I do.

  33. okay so im not a warmist but i recognize we need new energy technologies and to reduce pollution where possible and to integrate more closely into our natural ecology over time..but youre saying c and t wont really help towards any of this? why dont max or stacy ever comment specifically on the utllity of this proposed systemic market(s)!??!! ??? or did i just miss it.,.

  34. Phil /Germany

    @Dr. Richard Head .. great work !

    .. and the last line fits nicely to the rhythm of the song ..

    And a bankrupt F D I C

    Maybe M&S should do a Video with this as the theme song?
    ;-)

  35. Phil /Germany

    BB: Greek Stocks, Bonds Tumble on Debt Downgrade Concern (Correct)

    http://www.bloomberg.com/apps/news?pid=20601085&sid=a0QMX7Ib6ERg

  36. Cap and trade just gonna increase cost of living
    Generate a New Dept in All business just like the phoney HR Dept. of a company.
    ;-) I wonder what rediculus text books they gonna come up with RODFL ;-) “err emm mike ya gotta reuse that toilet paper we dont have the Carbon Credits” RODFL
    ;-)

  37. @ Alister

    The reason that this scam succeeds so well is that we have been taught that the MARKET can solve all of our problems. Also the population has also been taught to recoil at a direct taxation or regulation of big business that we could never solve this in a simple and direct way.

    It is all very slick.

  38. @Dr. Richard Head – before I judge that . . . I would like to see you write one for George W. Bush

  39. @Dr. Richard Head

    I can judge it – It is very good

  40. frances snoot

    “IMF president hints Chinese appointment at the world body”

    http://business.globaltimes.cn/china-economy/2009-11/483668.html

  41. frances snoot

    “This however is only the US/UK axis that currently seems to be under multilateral assault”

    How so, MotherEarth?

  42. Riiiiise up…….BUYY GOOOOOOLD!!!!!!!!

  43. frances snoot

    “Chen said 11 banks listed in Shanghai and Hong Kong might need to raise 326 billion yuan, putting pressure on equity markets.”

    http://www.smh.com.au/business/world-business/chinese-banks-may-need-to-raise-billions-of-dollars-20091126-js9u.html

    “The prospect of the regulator putting teeth in its directives sent the benchmark Shanghai Composite Index down by 3.5 per cent at its close Tuesday, the biggest single-day fall in nearly three months.”

  44. @WL – And from the Red Corner comes a doozy of a ditty! The Republicans will save us! When they doubled the national debt that was for patriotic Dubai-living Halliburton thieving war profiteers and our bank bailout was limited to helping just one bank, Goldman Sachs! And on the other side, out comes the blue caped one! The Democrats are the best! Our tax cheating banking stock manipulating cronies torture and plunder too, but at least they feel bad about it – just check out the colored wrist band! Ding ding ding! Oh and it’s a draw! Stay tuned for tomorrow’s rematch. Same time, same place, but where the stakes are doubled! Who will win??!

  45. Derivatives & Carbon trading http://tinyurl.com/yhw92hk

  46. frances snoot

    Nice, Stacy!!!
    :)

  47. @frances – I was channeling Stella . . .

  48. @Stacy

    Stop smoking those coutons.. ;-)

  49. @Mother Earth

    Thought it was: ” Stop smoking your bottem belly”

  50. @ stace ; you’re so smart how can you say something like “climate is changing so we have to do sxomething” ??????? you KNOW how silly a statement that is !!!!!

  51. never in the 4 billion year old history of earth has the climate not changed !!!!!!

  52. frances snoot

    @STACY;

    LOL!!!!!!!!!!

    I’d watch that channel, if I were you. Don’t want to end up saying, “WELL, ding-dang doggie, Max, yur suit surely does suit that tie!” on air.

  53. or r u speaking figuratively? haha ;)

  54. @alister – actually, I was wrong, you don’t HAVE to do SOMETHING; you can just sit it out; that’s what 57 people did for Mount St. Helen’s which, at the time, I thought was pretty strange, but they proved you don’t have to do something if you don’t feel like it, mind you, they all are volcanic rock now:

    Mt St Helens eruption

  55. @frances – you should be a script writer; what do I get if I say “WELL, ding-dang doggie, Max, yur suit surely does suit that tie!” on air? The Keiser Report . . .

  56. hahah the end of this short clip definitely has some type of black comedy irony to it !!
    http://www.youtube.com/watch?v=VuUr1j02SCk&feature=sub

  57. frances snoot

    PA! Ya ain’t a’gonna believe it.

    Steller, I purely ain’t, but give it a go.

    Well, Pa. This fancy Paris-ee-an lady done said she could hear my voice’n her head-like and she wrote the words to paper!

    Stella. That’s a’way fur you to eat some soap. Ya know it.

    No, Pa. Shoot’n fur sure! She said something I said a’bout somethin like blue-n red and a fight. She said the red done moved out to DoBye.

    Heh? What ya sayin? I did buy some settin hens, Stella.

    No, Ma! DoBYE: it’s a place in the Middle East where them soldiers is fightin close,cet. Guess them red guys is right purt mean buggers.

    Well, Stella. I think ya can just scrub the kitchen stove down fur me, since’cet yur so full of trouble today. Ain’t ya got airything better’n causin’ mischief?

    Sorry, Ma. I means well, just get riled up bout things. Come’on Buster. Let’s get to scrubbin.

  58. @stacy – you will have to give me the evening to do so, it’s 11:00 am Eastern Time. I am working right now, so my creative juices and my six-pack of Great Lakes Brewing Company Christmas Ale is not flowing.

    In any event, I wish someone would produce the song or something like it. I have none of my musical equipment unpacked since my move, so I couldn’t do much right now.

  59. frances snoot

    @Stacy:
    Well, I wouldn’t go international with that line, but if you DO I’ll agree to agree about everything agreeably for a relatively agreeable amount of time.

    Ya on?

  60. @Dr. Richard Head – I eagerly await your masterpiece!

  61. Mike2liverpool

    Max is a false profit!

    He must like Schiff attone………………run for office MAX!
    Mike

  62. Bob Chapman Dec 7 2009 Vids http://tinyurl.com/ycfacnp

  63. @frances – deal! It will be harder than you think because I am not sure that I could control my laughter . . . but I will try. It will be even harder if I don’t tell Max first as his wtf response will probably be too funny.

  64. frances snoot

    YES!
    I’m sure I don’t have to be too agreeable to Frank Hope, right Stacy? Just about issues and such. I’d be purely bored if I couldn’t tease Frank!

    Stacy, You’re the Best.

  65. Max Keisers 12 days of Christmas 2009

    Twelve Orange Cones

    Eleven Mish Articles

    Ten Deflation Nuts

    Nine Cornish Pasties

    Eight Snoot Identities

    Seven Money Printers

    Six Climate Scientists

    F i v e G o l d e n C o i n s

    Four Casino Gulags

    Three Goldman Execs

    Two Stacy Herberts ?

    And

    A Worthless Curr en ceee

  66. @Mike2liverpool – that’s a good idea! Max can join the Blue Team and fight Schiff on the Red Team! It could be billed as “The Constitution State Confrontation”!

  67. @frances – I will allow just one daily ongoing confrontation ;)

  68. stacy you should have been a lawyer! haha dont large volcanos erupting emit more carbon than what human pop does in like 100 years or something, i shoudl cehck that out soimetime, hmm. your volcano reference means i have to again direct ppeeps and u particuarlly to the highly humorous george carlin ‘saving the planet clip’ seeing as he thinks remarkably along the same lines as you towards the end of the lcip regarding humans and volcanic rock !

    http://www.youtube.com/watch?v=eScDfYzMEEw

  69. frances snoot

    DEAL, Stacy.

    And I will promise to walk around the trailer three times a’fore I write airything saying: Ya know. Ya promised. Ya know. Ya promise. …ad infinitum…

  70. @Alister – all things considered, I think being turned into volcanic rock is a relatively nice way to go. Better than say being killed by e-coli poisoning, a train derailment or a drive by shooting.

  71. frances snoot

    @Stacy:
    Don’t tell Max first, okay? It will be sooo funny.

  72. @frances – I won’t; though this may ruin the take if his facial expression is too funny for me to handle . . . in which case, we would have to release it as a youtube special . . .

  73. AS IF!!!! drive by shooting anyday thx … if there my only options haah or else id like to live indefinitely

  74. On the 12 days of Christmas Gordon Brown gave to me…

    Debt.

    (and on the remaining 353 days of the year)

  75. omg they;’re

  76. Phil /Germany

    Easy Credit, Presidents, Unemployment, Suit Monkeys

    Suit Monkeys … LOL

    http://www.youtube.com/watch?v=qpCgZdM5mYM&feature=sub

  77. frances snoot

    @Goodness Phil:
    Pollock sure is stirred up! That is an incredibly ugly shirt he’s wearing, btw.

  78. Phil /Germany

    @frances … ugly ?

    I like his dress style.
    Also Max looked better without the suit IMO !

    His videos are IMO very good, as well as YT’s “flaskofcoffee” ( “seeyouat20″ at Investor Village )

  79. Phil /Germany

    SEC’s Schapiro Responds To Sen. Kaufman, Promises To Curb HFT Market Manipulation

    http://www.zerohedge.com/print/39335

    LOL … only CURB ?
    … and of course , nobody will be held accountable for the HFT of the past !
    Just like NAKED Short Selling from 2002 !

    Looks like ZH feels the same !

  80. Bob Chapman – Radio Liberty – Power Hour Dec 7 2009 http://tinyurl.com/ybkfrqu

  81. frances snoot

    Also Max looked better without the suit IMO !

    ???

    German nudist camp?

  82. frances snoot

    @Yes, Phil. Of course, and one need only overlook the blotched stain on the front of that incredibly ugly blue shirt. But, then, Why bother to dress up for Utube?

  83. Fired From Her Banking Job For NOT CHARGING LATE FEES TO POOR PEOPLE Vid http://tinyurl.com/yjxns9z

  84. What the US and UK debt rating story is really saying is that these countries will be forced to raise taxes and cutback services in order to become more “credit worthy”.

    This is a prelude to the IMF audit of the US and UK. The result will be a neoliberal style shock treatment of the economies. This could happen anytime between 2010 and 2012. This fits in nicely with Maurice Strong’s and the Club of Rome’s plan to destroy industrialized nations which I’ve quoted here before.

    The carbon “penance” being imposed on industrialized countries is just another way to accomplish this purpose. It’s all about “Limits To Growth”, which is a neo-malthusian agenda of the Elite. One way to impose this is to crush the Middle Classes of the industrialized countries.

  85. @Stacy – Did frances say something? I couldn’t tell because I have installed my frances filter, and it seems to be working pretty well.

  86. Did frances say something? I couldn’t tell because I have installed my frances filter, and it seems to be working pretty well.

    If you are curious about what I wrote, Frank, then why install the filter in the first place?

    I haffa be nice, now. But not to Mr. Pollock. Just to you, and the other Keiser Geisers, but I get to have one good fight a day with you, Frank. Life has its little compensations.

  87. Trying to embed a picture…

  88. @Frank Hope … Trying to embed a picture…

    LOL … who hasn’t tried ?
    ;-)

  89. @Dork

    Re: your maples. Where’d you get them? By credit card?

  90. Frankly, that was a very good post about the IMF.

  91. Trying again to embed image…

  92. @phil – I guess you have to be Stacy to embed an image.

  93. @Frank – I guess you have to be Stacy to embed an image.

    No ! That doesn’t work either !
    ;-)

    The problem is in how the website software works … simply filters out anything that is HTML or similar .

  94. http://www.huffingtonpost.com/2009/12/08/pay-czar-caves-on-aig-pay_n_383973.html

    you gotta love this hogwash, another terrorist threat by the banksters honored by Hopey McChange and his merry band of wimp-ass neoliberals.

  95. Latest events in Middle East ..

    More Bad News For Dubai As Istithmar Loses Foreclosure Auction For Union Square W Hotel

    http://www.zerohedge.com/print/39364

    Saudis ‘in a panic mode’ as Shi’ite rebels move North from Yemen
    LONDON — Jordan has sent several hundred troops from its special operations forces to help the Saudi military with its many Shi’ite units contain the Yemeni Shi’ite rebellion, which has spread deep into the Arab kingdom.


    http://www.worldtribune.com/worldtribune/WTARC/2009/me_jordan0940_12_04.asp

  96. Back 5 larges down RODFL
    And as I remember I gotta attack Snoot for sure now
    ;-)

  97. Blythe Masters is kinda cute…

  98. Howdy, Bonn!

    How’s this for insanely stupid government action:

    http://finance.yahoo.com/news/Obama-eyes-repaid-govt-bank-apf-1145343499.html/print?x=0

    The Tarp is a credit line. It doesn’t ever get repaid (Treasury can draw on it any time they like en perpetua): we are provincial prisoners of the Tarp.

    .gov will use it to consolidate control for the currency cartel…that was the purpose all along.

  99. @Stacy,

    What with Copenhagen& all, could you perhaps create another climate change Jibber Jabber?

    Thanks

  100. Mike/Liverpool

    Stacy
    I think Max has got his message to FAT/DUMB Americans!
    http://www.liveleak.com/view?i=374_1260160046
    Mike

  101. US UK might be downgraded… what about Japan? I know Greece has the lowly BBB now

  102. By God me Loadin Red hat Linux Tommorow and Locking the Kernel
    Enuf of MS crap and Norton & Mcafee BS

  103. the climate thing is nothing but another smoke screen so the big corporations can get around the pollution and ravaging of the earth that they’ve been doing for centurys but are even doing worse now.

  104. OK Stacy, here you go. I simply had to act and act now

    In the past administration George Bush gave to me –

    TSA agents groping,
    FISA search for snooping,
    Torture for detainees,
    Florida hijacked voting,
    Patriot Act against me,
    Phone calls for spying,
    Wall Street bailout billions,
    PRIVATE MERCANARIESSSSSSSS,
    4th amendments gone,
    Wars for escalating,
    Unlimited detention,
    And some bombs for the Iraqis.

  105. @ Snoot
    what is “en perpetua”

  106. oh in perpetuality ?

  107. @ Mike/Liverpool

    He better put some safety glasses on or one of those peaces is gona break off and lodge in his cornea.

  108. Rupert Murdoch — Fear mongering !
    How the Crock of Shit Gets to Your Breakfast Table http://bit.ly/4HXzw2

  109. Permission to check N/W security at max Keiser dot com ?

  110. @Bonn:
    Yeh, In perpetuality. Life over here while the rest of the world sneers and calls us “fat/dumb” Americans.

    I’m stocking on whiskey, Bonn. Best brand names for a good prices?

  111. Europe Rides The Beast: Official EU Symbols Tell Us Exactly What The Global Elite Plan To Do To Humanity http://bit.ly/7qmS0V

  112. Crap Its gonna take me a week to set up Linux to gel with all S/W

  113. @ Snoot
    Any Glen brand Glenfridge is the one I Love
    But I always bet on real estate
    If ya do enuf research on Real Estate u could see 2000 % return’s over a period of say 20 years
    Dubai is lookin better and better wait till it hits rock bottom but its a place where u could make 100% in 2 years cause they gonna prop it up once more after the big fall

  114. N RODFL
    What happened to GOLD
    RODFL PMSL peeps already lost out
    even if Gold hits 5000 $ an ounce
    Who u gonna sell to ? hugga bugga
    Like i said the 6000 year old scam

  115. Thanks for that, Bonn. I already gotz the land, just needz the whiskey and a long-nosed rifle.

  116. phil/germany you are nailing it

  117. @ Snoot ya a chick or a Guy
    Cause gotta warn U that Chick’s wen they have one large its equivalent to a Guy have’n 3 larges
    Plus I have never met a chick who likes Whisky its bitter
    Chiks like sweet drinks like Vodka n Rum

  118. Sorry
    RODFL
    3 larges a guy has = one large a Gal has
    The Kick ie.

  119. Woman Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and Trade « naked capitalism http://bit.ly/83ChMv

  120. World Bank would be placed in control of climate change finance according to leaked Copenhagen agreement.

    “any money to help poor countries adapt to climate change dependent on them taking a range of actions.” – like neoliberal shock therapy. Just like the IMF loans. Money would be used to finance big projects that profit the multi-nationals to the detriment of the local economy.

    And who currently runs the World Bank? Robert Zoellick – sinophile, ex-Goldman director, PNAC signer, free trader, GMO advocate, neocon.

    http://en.wikipedia.org/wiki/Zoellick

    The World Bank head is always appointed by the US, while the IMF head is always appointed by the Europeans.

  121. @ Bonn

    Try Ubuntu Linux perhaps?
    http://www.ubuntu.com/getubuntu

    Then Open Office should give you 80% of what you need
    http://www.openoffice.org/

    If you’re suspicious of Windows, wait ’till you Google “NSA_KEY”.

  122. I have a question — i’m sure all will find naive: When investors talk about silver and a shortage of the real stuff, or talk about investing in silver, are they referring to the same silver grandma’s table settings and tea sets are made of? the ones that say “sterling” on the bottom? i know, i know, dumb question, but can anyone answer it for me?

  123. @all – I forgot to link to the article about the World Bank being put in charge of climate change finance. Here it is.

    http://www.guardian.co.uk/environment/2009/dec/08/copenhagen-climate-summit-disarray-danish-text

    It’s from the Guardian and they have also posted a link to the leaked document.

    http://www.guardian.co.uk/environment/2009/dec/08/copenhagen-climate-change

  124. the word is ‘perpetuity’ — not perpetuality

  125. In case anyone is second guessing their gold bug position today in light of the recent pull back, just sit back and watch this compilation of prophetic words from our “friend” Mr. Soros about the need for a managed decline of the dollar.

    okay, so the narrator goes a little Bible Prophecy on us at the end but it is worth the watch

  126. Ahhhhh! Blythe Masters should be thrown in jail! Someone should make a deck of cards–similar to the Iraqi deck of cards–and put the faces of financial terrorists on them so we can hunt them down . . . place them under citizen’s arrest, or find some other way to separate them from decent society.

  127. http://www.huffingtonpost.com/2009/12/08/mark-cuban-wwe-monday-nig_n_383673.html

    Meanwhile back in Amerikanna, check out this Net billionaire and what he does in his spare time

  128. @Frank:

    The World Bank head is always appointed by the US, while the IMF head is always appointed by the Europeans.

    The directors? The governing board votes are placed by the finance ministers of the member nations. Who else sit of the governing board? (Fourth Amendment allowed 3rd world nations a vote) but…

    OH…spooky writers for this story…
    http://www.voxeu.org/index.php?q=node/3387

  129. Excellent video! “Free this town – New World Orders gotta die”

    http://www.youtube.com/watch?v=3KmpdBFDIgY

    those federal reserve notes
    you know it’s all fake
    I dumped those and bought gold
    so my bank heads looking
    like my boy Ron Paul

  130. @mep – I don’t know if you’re familiar with the term “Morgan mafia”.

    The woman who built financial ‘weapon of mass destruction’

    If Warren Buffett is to be believed in his verdict that derivatives are “financial weapons of mass destruction” then Blythe Masters is one of the destroyers of worlds.

    British-born Masters is one of the most powerful women on Wall Street and is widely recognised as one of an elite group dubbed the “JP Morgan mafia” that fostered the creation of the complex credit derivatives at the heart of the current crisis ripping through Wall Street.

  131. AIG complain about wages.
    Ratigan: AIG needs a reality check

    http://www.youtube.com/watch?v=ygAIJZnjWOI

  132. @frank
    Nice article isnt it? Funny how she is now a key creator of Carbon trading – I posted that same link about 6 posts above yours

  133. Dr. Dick:
    The carols are special, and I really enjoy their Christmasy spirit! Nicely done!

  134. Much thanks Frances. Francis is my middle name you know.

  135. @Joe:
    There are a lot of wolves walking about in sheep dresses these days. Some even lecture the patriot movement adherents and are exalted for their honest goodness.

    You can tell when the sheep-dressed wolves smile and reveal their canines. They aren’t smiling yet, but they will.

  136. @ Gordo – Nice. Good on Ratigan for mentioning the salary of troops.

  137. Much thanks Frances. Francis is my middle name you know.

    What a startling coincidence. I wonder if we share anything else in common?

  138. @joe
    er.. . have you checked the links at the top of this thread!!!

  139. World Bank and Robert Zoellick? :-(

  140. The Executive Board members are the voting power behind the IMF:

    https://www.imf.org/external/np/sec/memdir/eds.htm

    IMF governors can cede their voting power to the executive board in most matters. The ‘reform’ article ideas that I linked earlier (an independent IMF board) is curiously following the recent inclusion of third world members on governing board votes through allotments of sdr.

    REMEMBER SDR TOTAL AT FUND= VOTING RIGHTS (for the governing board that is)

    All positions on the board of the IMF are appointed by political leaders of member nations. We are run by the proxy arm of the BIS which stands in stead for its own shareholders:

    http://www.publications.parliament.uk/pa/ld200102/ldselect/ldeconaf/143/1112705.htm

    Bankers are only the representatives of these guys.

  141. Gold is at $1130.

  142. @super
    Jesus – got caught up in the convo thread & reading/relaying my other news from ‘FeedDemon’. Dont i look silly. I wonder why the hell not just put a cap on carbon if thats the problem. Trading is just creating a big mess… Cap the carbon limit would raise costs too but if we are going to try to save the environment selling an allowance to pollute is immoral

  143. @frances
    Now a days its almost impossible to put full trust into anyone – That would require a leap of faith and some tolerance to different beliefs. Only can trust yourselves – most who are put into public spotlights are usually decided to be put there by those who wish to advance their own agenda.

  144. @Joe
    huh… info on the go-go… yeah… a lot of it going round!!!

  145. @joe
    Joe… erm… that reminds me… I’m taking a break!!!
    The Clash – Rock the Casbah.
    http://www.youtube.com/watch?v=yx-277MRYuM

  146. @super
    Got this after trying to watch the youtube vid –

    “This video is not available in your country due to copyright restrictions. “

  147. @joe – we’re in sync.

  148. @mep – Are you a “Member of the European Parliament”? And Zoellick must be who David Icke had in mind when he started talking about “lizard” people. That’s one strange looking, evil dude.

  149. @Majestic

    Here’s a longer list of useful open source programs.

    http://8088.tk

  150. Unavailable YouTubes – Use a proxy server.

    You can set up your browser to use a proxy server so you can see videos even if they are blocked for your country. Go here:

    http://www.publicproxyservers.com/proxy/list_country1.html

    …look for a country where the video is known to work, and then grab the IP address and port # (normally 80, but sometimes 3128 or others). Then go to your browser’s options control panel and put this into the space provided. In IE, this is under Tools-&gt Internet Options-&gt Lan Setting -&gt Use Proxy Server. You may have to try a few different proxies to get one which works.

  151. Sorry about the bad HTML.

    IE: Tools-> Internet Options-> Lan Settings -> Use Proxy Server.
    FireFox: Tools-> Options-> Network-> Connection Settings-> Manual Proxy Configuration

  152. To check your proxy setup, go to this page:

    http://www.ip2location.com/

    (or one like it) and check to see if it thinks you are in the country where the proxy is located.

  153. Phil /Germany

    Amazing attack on the Euro today , “supposedly” because of Greece and Dubai ; but more likely because of the US Bond auctions, and the wish for the ECB to not allow the US$ to get too cheap versus the Euro.

    http://free.charts.xe.com/Misc/promoChart.asp

  154. Floodwaters pop coffins out of the ground

    http://www.wafb.com/global/story.asp?s=11641842

    Looks like we’ve had enough rain. Just emptied the rain gauge.

    7 inches of rain today.

  155. Phil /Germany

    @Blink … Korea

    Well, if the leaked ( by @frances ) Copenhagen info is anything to go by, it looks like the WB will effectively take control of the currency markets.. and it would be in their interests to hammer the Gold price I suppose , to let China join the Club of real money at minimum cost.
    ;-)

  156. Mike/Liverpool

    G O L D
    My POOR GOLD……………..& Silver

    DEAD, FINISHED, TERAMATED…

  157. Been away for a few days, took some catching up with all your goss.

    This is a good read on carbon trading:
    http://www.lewrockwell.com/orig10/chossudovsky2.1.1.html

  158. absolute destruction in the gold pits today. I guess those sure thing Chinese and Indian puts decided to stand aside. I frankly don’t trust anyone in this thing at this point. I have read so many worthless articles on Gold over the last month my eyes are ready to pop out of my head.

    If we go back into a deleveraging Gold will get absolutely murdered. Thats my take. And anyone holding a miner or even related to a mining stock will wish he was living in Kabul. Thats my take. Until metal decouples somehow from the dollar I don’t trust it, not one bit.

  159. Justget Itright

    @ F H –excellent video- free that town

    Like it Frank! A r*thchild vid would compliment this perfectly.

  160. @Y’all
    @gordo youtube link… not available here in uk… proxy settings.. we don’t need no stinkin’ proxy settings!!!

  161. I will not do anything but daytrade Gold from here on out, way too much contradictory opinion and jibber jabber.

  162. Phil /Germany

    $29 Billion 1 Month Bill Prices at… 0.000%
    By Tyler Durden
    Created 12/08/2009 – 15:14

    Welcome to ACME bond auctions. This is the world of looney tunes where Tim and Ben, the rescue rangers, run the printing press and the toilet paper issuance facility.

    Also, do primary dealers feel like 0.000% is an attractive rate all of a sudden? $102 billion tendered. Hmm, who’d a thunk it.


    http://www.zerohedge.com/print/39513

  163. Phil /Germany

    PS@$29 Billion 1 Month Bill Prices at… 0.000%
    By Tyler Durden

    http://www.zerohedge.com/article/29-billion-1-month-bill-prices-0000

    Read the comments … they’re always funnier !
    ;-)

  164. @ Frank Hope

    Excellent video! “Free this town – New World Orders gotta die”

    Thanks for this. Maybe, there is light at the end of the tunnel.

  165. Mike/Liverpool

    …………….and what does it mean?
    Mike

  166. Phil /Germany

    PS@$29 Billion 1 Month Bill Prices at… 0.000%

    I loved this one :

    …Touche’. In that respect foolish. Parker Brothers should come out with a new version of Monopoly which should include an Epson Printer.

    http://www.zerohedge.com/article/29-billion-1-month-bill-prices-0000

  167. Mike/Liverpool

    Phil?
    What do they mean?
    Mike

  168. Phil /Germany

    @Mike …what does it mean ?

    I guess at 0.000%, they (the FED) bought them themselves !
    ;-)
    Which effectively means printing their own money .

  169. The Dork Of Cork

    Looks like the beginning of a full scale deflationary depression,
    stagflation becoming less and less likely = all assets running to the dollar!
    only hope for gold is if the dollar breaks into two
    I am expecting major soverign defaults anywhere outside the states
    Gentlemen looks like us goldbugs could be caught with our finger up our arce

  170. @ Supergeek

    I don know whenever I think of the Clash I also think of Midnight Oil

    http://www.youtube.com/watch?v=DNT7uZf7lew&feature=related

  171. Phil /Germany

    @Mike … read the comments ( they’re hilarious ) and you’ll probably get the picture.

    e.g. “Talk about selling snow to an eskimo”

    http://www.zerohedge.com/article/29-billion-1-month-bill-prices-0000

  172. @sklein Justget Itright

    Glad you guys enjoyed the “Free this town” video. I don’t know if you are aware of how this relates to Illumati symbolism. Vigilant Citizen did an excellent write-up of this.

    Jay-Z’s “Run This Town” and the Occult Connections

  173. @will – thanks for the proxy information

  174. “Touche’. In that respect foolish. Parker Brothers should come out with a new version of Monopoly which should include an Epson Printer.”

    Don’t go to a printing fight with an Epson when the FED brings a Currency Swap.

  175. @Dork

    Re: your maple leaves. Where’d you get them? by credit card?

  176. The Dork Of Cork

    @danny
    through goldcore Dublin
    I used my own precious cash
    at spot price 17.52
    they are 2010 coins

  177. @Dork

    There minimum order is 7,000 or so isn’t it?

  178. @ Frank Hope

    So what’s the story on the video. Seems Jay-z is into going along with the elites. Very conflicted stuff.
    Strange or just business. Selling CD’s.

  179. The Dork Of Cork

    @Danny
    Yes – 7000 should be 500+ coins
    but and it is a big but – they were asking for 20% commission over spot , I got it for 18% which was still to much and you pay slightly extra for transport.
    but saying that they are a beautiful coin.
    ps watch this market it could really bite you.

  180. @Dork

    Cool, good to know. Out of my humble finances’ reach though – probably get a couple of british sovereigns this week though. Hear of any local currency schemes around? I know Killkenny and Kenmare have started. It’s the way to go IMO. Catherine Austin Fitts and Mike Ruppert’s arguments for them are compelling.

  181. Mike/Liverpool

    ………………so why is GOLD crashing?
    Mike

  182. The Dork Of Cork

    Mike/liverpool
    Gold is crashing because investors are beginning to believe in a Japanese style outcome for the US and world economy – In this scenario low yielding goverment bonds are the best investments relative to all other asset classes which would be falling , and they could be right
    The one factor that is different this time is indivdual economys may not be able to export there way out of this crash which Japan did in the 90s
    Tax free goverment bonds are a good hedge against gold in this enviiroment with the main danger in these a sudden devaluing in the currency

  183. The Dork Of Cork

    @Danny
    I have not Danny but given the extreme lack of cash in the Irish Economy I would not be surprised to hear of such schemes soon – I would love to Know the money supply figures in Ireland ,I bet they are shocking
    What are your taughts on the budget tomorrow.?

  184. As I am reading about nations “AAA” ratings and so on, there were another story in the local paper about Greece and that Standard & Poor had put that nation on a “A minus” the negative watch list this Monday. They fear/speculate that Greece could end up as Europe’s answer to Dubai with no possible way to maintain its debt obligations. The Greece government put forward the budget for 2010 last month with a deficit of 9.1%. We know that Greece have only once managed to meet the annual requirements of the Euro since the country adopted the European common currency in 2001, SO, the question ends up to this; with Euro currency, can Greece or any other euro nations for that matter print its way out of debt as the USofA can, for later to devalue/denomination its currency? My answer is probably no, as a Euro nation do not control its own currency I think, so how could Greece ever get out of debt then? Break free of the Euro and create its own currency? Akk, if Greece falls, where do the domino hit next?

  185. Phil /Germany

    @Palantíri … As I am reading about nations “AAA” ratings…

    That has been my prediction since 2001 … the fact that the rich Euro countries ( Germany is probably the only one ) will not like the idea of bailing out the poorer ones, might lead to a break up.
    The Euro was a politically naive idea IMO … and especially for Germany , that gave up it’s strong DM, which was even more highly regarded than the SFR pre 2001.
    Some people will say , yeah, but a united Europe for defense reasons etc. etc., but just watch how Germany’s laws prevent any military operations that are NOT defense.
    But don’t worry, thanks to the Lisbon Treaty , Napoleon is back , and only EU laws will prevail !
    ;-(

  186. The Dork Of Cork

    @Palantiri
    Yes the Greeks and Irish seem to be diverging away into two separate policeys – where one seems to be cooperating with Frankfurts demands and the other is saying F*** you
    To be honest I do not know which is the best Policey but it should be interesting seeing who wins

  187. UK in EU – In order to meet the conditions for joining the Single European currency, all citizens of the United Kingdom of Great Britain and Northern Ireland must be aware that the phrase ‘Spending a Penny’ is not to be used after the 7th of December 2009.

    From this date, the correct terminology will be ‘Euronating’.

    Thank you for your attention.

  188. frances snoot

    @Phil:
    Is this man the resurrected Napoleon?

    http://www.ecb.int/ecb/orga/decisions/genc/shared/img/trichet.jpg

  189. frances snoot

    @Will:
    Excellent.

  190. Phil /Germany

    @frances .. LOL .. Trichet is too big !

    Take your choice here :

    Zarkozi
    Berlusconi

    Both are small enough to wear his uniform !
    ;-)

  191. Phil /Germany

    @Will .. yeah .. brilliant !
    ;-)

  192. frances snoot

    Shoot, Phil. You’re right!

    Hmmm…..here’s my next pick…

    http://contintasca.blogosfere.it/images/Mario%20Draghi.jpg

    Am I getting hot, Phil?

  193. frances snoot

    I mean, in a global financial order, an Italian would do as Napoleon. Right?

    I’m afraid America won’t be much but an old Western.

  194. Phil /Germany

    @frances … Am I getting hot, Phil?

    No, not Mr. Bean !
    ;-)

  195. Phil /Germany

    @frances … sorry, that was Peter Sellers of course !
    ;-)

  196. The Dork Of Cork

    check out zero hedge for robot traders angle on the venerable Mr Trichet

    Head and Shoulders Shampoo
    Submitted by RobotTrader on 11/13/2009 15:43 -0500

  197. @Phil/Germany – yeah Euro puts Greece in a difficult spot, and I cannot see how the Lisbon Treaty makes the case anymore helpful…
    Re: Napoleon – Hmmm, maybe it is Belgium’s secret revenge to all the years of bullying and destruction from the big neighbor nations…the table has turned, now THEY rule them moahahahaha *evil laughter* :)

    @The Dork Of Cork – Indeed, it would be very interesting to see whose side wins in the end.

  198. have the banksters stole more of our money today. Its so nice to be a slave to these people.

  199. …is it illegal to wager on which one of these theiving bankers / crooked politicians / sycophant broadcasters / data fudging pseudo-scientists / scumbag billionaires / eugenic elitist jerks…/ etc…get shot first….cause if it is…then ignore this. Fuggetaboutit. Fuggit.

  200. …but if it is not illegal…then my money is on Gore…go Al go…go Al go…big target…kind of slow…belongs to most of the fore-mentioned categories…don’t go into hiding Al…I’ve bet a silver dollar on you.

  201. go to smouch.net/lol for funny videos

  202. Absolutely Amazing Aberrant rating.Theses ratings are a joke. My rating is Zzz. What the helle does it mean anyways in a make beleive accounting world. ENRON and Parmalat one month before going bankrupt, were rated AAA. So is General Electric, which I think personnally is darn good example of a triple A à la ENRON.

  203. Phil /Germany

    @frances .. spot on !
    ;-)

    @Palantíri .. Belgium

    LOL … did you know that the Belgian state was basically BK in the early 1980′s ? A Belgian colleague of mine was always complaining about the 80% income tax-rate he was having to pay. It has always been my contention that they chose Brussels as the EU centre to simply to bail out the Country.